Eaton Vance
Growth Fund
September 30, 2021
PORTFOLIO OF INVESTMENTS (Unaudited)
Common Stocks — 99.5%
Security | Shares | Value | ||||||
Aerospace & Defense — 1.4% | ||||||||
Hexcel Corp.(1) | 54,309 | $ | 3,225,412 | |||||
Raytheon Technologies Corp. | 32,021 | 2,752,525 | ||||||
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$ | 5,977,937 | |||||||
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Auto Components — 1.2% | ||||||||
Aptiv PLC(1) | 35,331 | $ | 5,263,259 | |||||
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$ | 5,263,259 | |||||||
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Banks — 1.1% | ||||||||
JPMorgan Chase & Co. | 28,202 | $ | 4,616,385 | |||||
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$ | 4,616,385 | |||||||
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Beverages — 1.6% | ||||||||
Coca-Cola Co. (The) | 132,579 | $ | 6,956,420 | |||||
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$ | 6,956,420 | |||||||
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Biotechnology — 1.1% | ||||||||
AbbVie, Inc. | 45,459 | $ | 4,903,662 | |||||
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$ | 4,903,662 | |||||||
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Building Products — 0.9% | ||||||||
Trane Technologies PLC | 21,361 | $ | 3,687,977 | |||||
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$ | 3,687,977 | |||||||
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Capital Markets — 3.2% | ||||||||
Charles Schwab Corp. (The) | 84,590 | $ | 6,161,536 | |||||
Goldman Sachs Group, Inc. (The) | 19,951 | 7,542,076 | ||||||
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$ | 13,703,612 | |||||||
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Chemicals — 0.3% | ||||||||
Ecolab, Inc. | 5,482 | $ | 1,143,655 | |||||
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$ | 1,143,655 | |||||||
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Commercial Services & Supplies — 1.3% | ||||||||
Copart, Inc.(1) | 16,205 | $ | 2,247,958 | |||||
Waste Connections, Inc. | 25,926 | 3,264,861 | ||||||
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$ | 5,512,819 | |||||||
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Electrical Equipment — 1.3% | ||||||||
AMETEK, Inc. | 44,928 | $ | 5,571,521 | |||||
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$ | 5,571,521 | |||||||
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Electronic Equipment, Instruments & Components — 0.8% | ||||||||
Zebra Technologies Corp., Class A(1) | 6,376 | $ | 3,286,318 | |||||
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$ | 3,286,318 | |||||||
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Security | Shares | Value | ||||||
Entertainment — 2.5% | ||||||||
Netflix, Inc.(1) | 11,594 | $ | 7,076,282 | |||||
Walt Disney Co. (The)(1) | 21,319 | 3,606,535 | ||||||
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$ | 10,682,817 | |||||||
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Food & Staples Retailing — 1.0% | ||||||||
Sysco Corp. | 56,708 | $ | 4,451,578 | |||||
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$ | 4,451,578 | |||||||
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Food Products — 0.8% | ||||||||
Mondelez International, Inc., Class A | 62,651 | $ | 3,645,035 | |||||
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$ | 3,645,035 | |||||||
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Health Care Equipment & Supplies — 4.8% | ||||||||
Abbott Laboratories | 38,357 | $ | 4,531,113 | |||||
Inari Medical, Inc.(1) | 44,209 | 3,585,350 | ||||||
Intuitive Surgical, Inc.(1) | 7,909 | 7,862,732 | ||||||
Ortho Clinical Diagnostics Holdings PLC(1) | 125,857 | 2,325,837 | ||||||
Tandem Diabetes Care, Inc.(1) | 19,566 | 2,335,789 | ||||||
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$ | 20,640,821 | |||||||
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Health Care Providers & Services — 1.6% | ||||||||
UnitedHealth Group, Inc. | 17,770 | $ | 6,943,450 | |||||
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$ | 6,943,450 | |||||||
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Health Care Technology — 0.8% | ||||||||
Veeva Systems, Inc., Class A(1) | 11,215 | $ | 3,231,827 | |||||
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$ | 3,231,827 | |||||||
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Hotels, Restaurants & Leisure — 1.3% | ||||||||
Starbucks Corp. | 48,619 | $ | 5,363,162 | |||||
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$ | 5,363,162 | |||||||
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Interactive Media & Services — 12.1% | ||||||||
Alphabet, Inc., Class A(1) | 8,374 | $ | 22,388,056 | |||||
Alphabet, Inc., Class C(1) | 3,047 | 8,121,200 | ||||||
Facebook, Inc., Class A(1) | 53,050 | 18,004,639 | ||||||
Twitter, Inc.(1) | 59,692 | 3,604,800 | ||||||
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$ | 52,118,695 | |||||||
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Internet & Direct Marketing Retail — 8.3% | ||||||||
Amazon.com, Inc.(1) | 10,856 | $ | 35,662,394 | |||||
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$ | 35,662,394 | |||||||
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IT Services — 9.1% | ||||||||
Accenture PLC, Class A | 6,845 | $ | 2,189,852 | |||||
PayPal Holdings, Inc.(1) | 66,418 | 17,282,628 | ||||||
Visa, Inc., Class A | 88,617 | 19,739,437 | ||||||
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$ | 39,211,917 | |||||||
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Life Sciences Tools & Services — 3.2% | ||||||||
10X Genomics, Inc., Class A(1) | 23,916 | $ | 3,481,691 | |||||
Agilent Technologies, Inc. | 19,722 | 3,106,807 | ||||||
Illumina, Inc.(1) | 6,277 | 2,546,014 | ||||||
Thermo Fisher Scientific, Inc. | 7,681 | 4,388,386 | ||||||
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$ | 13,522,898 | |||||||
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Security | Shares | Value | ||||||
Oil, Gas & Consumable Fuels — 0.5% | ||||||||
EOG Resources, Inc. | 27,189 | $ | 2,182,461 | |||||
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$ | 2,182,461 | |||||||
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Pharmaceuticals — 1.1% | ||||||||
Eli Lilly & Co. | 20,600 | $ | 4,759,630 | |||||
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$ | 4,759,630 | |||||||
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Road & Rail — 1.7% | ||||||||
CSX Corp. | 118,347 | $ | 3,519,640 | |||||
Uber Technologies, Inc.(1) | 81,314 | 3,642,867 | ||||||
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$ | 7,162,507 | |||||||
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Semiconductors & Semiconductor Equipment — 8.2% | ||||||||
Ambarella, Inc.(1) | 15,448 | $ | 2,405,871 | |||||
Intel Corp. | 92,932 | 4,951,417 | ||||||
Micron Technology, Inc. | 125,991 | 8,942,841 | ||||||
QUALCOMM, Inc. | 71,102 | 9,170,736 | ||||||
Texas Instruments, Inc. | 51,123 | 9,826,352 | ||||||
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$ | 35,297,217 | |||||||
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Software — 18.5% | ||||||||
Adobe, Inc.(1) | 25,499 | $ | 14,680,284 | |||||
Altair Engineering, Inc., Class A(1) | 30,509 | 2,103,290 | ||||||
Intuit, Inc. | 21,629 | 11,669,062 | ||||||
Microsoft Corp. | 104,961 | 29,590,605 | ||||||
Palantir Technologies, Inc., Class A(1) | 212,419 | 5,106,553 | ||||||
Paycom Software, Inc.(1) | 2,890 | 1,432,718 | ||||||
salesforce.com, inc.(1) | 26,633 | 7,223,402 | ||||||
Zscaler, Inc.(1) | 29,041 | 7,615,131 | ||||||
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$ | 79,421,045 | |||||||
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Specialty Retail — 3.0% | ||||||||
Home Depot, Inc. (The) | 12,658 | $ | 4,155,115 | |||||
TJX Cos., Inc. (The) | 129,408 | 8,538,340 | ||||||
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$ | 12,693,455 | |||||||
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Technology Hardware, Storage & Peripherals — 5.8% | ||||||||
Apple, Inc. | 147,522 | $ | 20,874,363 | |||||
Logitech International S.A.(2) | 46,692 | 4,115,900 | ||||||
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$ | 24,990,263 | |||||||
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Textiles, Apparel & Luxury Goods — 1.0% | ||||||||
NIKE, Inc., Class B | 29,738 | $ | 4,318,850 | |||||
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$ | 4,318,850 | |||||||
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Total Common Stocks | $ | 426,923,587 | ||||||
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Short-Term Investments — 0.9% | ||||||||
Description | Units/Shares | Value | ||||||
Eaton Vance Cash Reserves Fund, LLC, 0.05%(3) | 23,862 | $ | 23,862 | |||||
State Street Navigator Securities Lending Government Money Market Portfolio, 0.03%(4) | 4,023,929 | 4,023,929 | ||||||
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Description | Value | |||
Total Short-Term Investments | $ | 4,047,791 | ||
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Total Investments — 100.4% | $ | 430,971,378 | ||
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Other Assets, Less Liabilities — (0.4)% | $ | (1,664,612 | ) | |
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Net Assets — 100.0% | $ | 429,306,766 | ||
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The percentage shown for each investment category in the Portfolio of Investments is based on net assets.
(1) | Non-income producing security. |
(2) | All or a portion of this security was on loan at September 30, 2021. The aggregate market value of securities on loan at September 30, 2021 was $4,074,734 and the total market value of the collateral received by the Fund was $4,206,567, comprised of cash of $4,023,929 and U.S. government and/or agencies securities of $182,638. |
(3) | Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of September 30, 2021. |
(4) | Represents investment of cash collateral received in connection with securities lending. |
The Fund did not have any open derivative instruments at September 30, 2021.
At September 30, 2021, the value of the Fund’s investment in affiliated funds was $23,862, which represents less than 0.05% of the Fund’s net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended September 30, 2021 were as follows:
Name of affiliated fund | Value, beginning of period | Purchases | Sales proceeds | Net realized gain (loss) | Change in unrealized appreciation (depreciation) | Value, end of period | Dividend income | Units, end of period | ||||||||||||||||||||||||
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Short-Term Investments |
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Eaton Vance Cash Reserves Fund, LLC | $ | 514,520 | $ | 20,032,656 | $ | (20,523,314 | ) | $ | — | $ | — | $ | 23,862 | $ | 631 | 23,862 |
Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.
• | Level 1 — quoted prices in active markets for identical investments |
• | Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) |
• | Level 3 — significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments) |
In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
At September 30, 2021, the hierarchy of inputs used in valuing the Fund’s investments, which are carried at value, were as follows:
Asset Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 426,923,587 | * | $ | — | $ | — | $ | 426,923,587 | |||||||
Short-Term Investments | 4,023,929 | 23,862 | — | 4,047,791 | ||||||||||||
Total Investments | $ | 430,947,516 | $ | 23,862 | $ | — | $ | 430,971,378 |
* | The level classification by major category of investments is the same as the category presentation in the Portfolio of Investments. |
For information on the Fund’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements included in its semiannual or annual report to shareholders.
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