Eaton Vance
Growth Fund
September 30, 2023
Portfolio of Investments (Unaudited)
Common Stocks — 99.9% |
Security | Shares | Value | |
Aerospace & Defense — 0.8% | |||
HEICO Corp. | 16,555 | $ 2,680,751 | |
$ 2,680,751 | |||
Automobile Components — 0.9% | |||
Aptiv PLC(1) | 30,828 | $ 3,039,332 | |
$ 3,039,332 | |||
Automobiles — 1.1% | |||
Tesla, Inc.(1) | 13,438 | $ 3,362,456 | |
$ 3,362,456 | |||
Beverages — 1.5% | |||
Coca-Cola Co. (The) | 84,127 | $ 4,709,429 | |
$ 4,709,429 | |||
Biotechnology — 0.5% | |||
Vertex Pharmaceuticals, Inc.(1) | 4,726 | $ 1,643,419 | |
$ 1,643,419 | |||
Broadline Retail — 7.3% | |||
Amazon.com, Inc.(1) | 184,841 | $ 23,496,988 | |
$ 23,496,988 | |||
Building Products — 0.9% | |||
Trane Technologies PLC | 14,756 | $ 2,994,140 | |
$ 2,994,140 | |||
Capital Markets — 3.0% | |||
Intercontinental Exchange, Inc. | 29,398 | $ 3,234,368 | |
S&P Global, Inc. | 8,759 | 3,200,626 | |
Tradeweb Markets, Inc., Class A | 39,123 | 3,137,665 | |
$ 9,572,659 | |||
Commercial Services & Supplies — 2.1% | |||
Copart, Inc.(1) | 74,231 | $ 3,198,614 | |
Waste Connections, Inc. | 27,293 | 3,665,450 | |
$ 6,864,064 | |||
Consumer Staples Distribution & Retail — 2.5% | |||
Costco Wholesale Corp. | 9,521 | $ 5,378,984 |
Security | Shares | Value | |
Consumer Staples Distribution & Retail (continued) | |||
Walmart, Inc. | 16,022 | $ 2,562,399 | |
$ 7,941,383 | |||
Electrical Equipment — 1.4% | |||
AMETEK, Inc. | 30,249 | $ 4,469,592 | |
$ 4,469,592 | |||
Entertainment — 1.4% | |||
Netflix, Inc.(1) | 11,863 | $ 4,479,469 | |
$ 4,479,469 | |||
Financial Services — 3.9% | |||
Shift4 Payments, Inc., Class A(1)(2) | 33,465 | $ 1,852,957 | |
Visa, Inc., Class A | 46,524 | 10,700,985 | |
$ 12,553,942 | |||
Food Products — 1.1% | |||
Mondelez International, Inc., Class A | 51,338 | $ 3,562,857 | |
$ 3,562,857 | |||
Ground Transportation — 1.0% | |||
Uber Technologies, Inc.(1) | 68,376 | $ 3,144,612 | |
$ 3,144,612 | |||
Health Care Equipment & Supplies — 2.7% | |||
Intuitive Surgical, Inc.(1) | 19,191 | $ 5,609,337 | |
Stryker Corp. | 11,484 | 3,138,233 | |
$ 8,747,570 | |||
Health Care Providers & Services — 1.8% | |||
UnitedHealth Group, Inc. | 11,619 | $ 5,858,184 | |
$ 5,858,184 | |||
Hotels, Restaurants & Leisure — 1.2% | |||
Starbucks Corp. | 42,306 | $ 3,861,269 | |
$ 3,861,269 | |||
Interactive Media & Services — 11.4% | |||
Alphabet, Inc., Class A(1) | 153,781 | $ 20,123,782 | |
Alphabet, Inc., Class C(1) | 60,430 | 7,967,696 | |
Meta Platforms, Inc., Class A(1) | 27,702 | 8,316,417 | |
$ 36,407,895 |
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Eaton Vance
Growth Fund
September 30, 2023
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
IT Services — 1.6% | |||
Accenture PLC, Class A | 16,586 | $ 5,093,726 | |
$ 5,093,726 | |||
Life Sciences Tools & Services — 1.2% | |||
Danaher Corp. | 8,644 | $ 2,144,576 | |
Thermo Fisher Scientific, Inc. | 3,046 | 1,541,794 | |
$ 3,686,370 | |||
Pharmaceuticals — 2.8% | |||
Eli Lilly & Co. | 16,436 | $ 8,828,269 | |
$ 8,828,269 | |||
Professional Services — 1.9% | |||
Paycom Software, Inc. | 8,817 | $ 2,285,984 | |
TransUnion | 54,103 | 3,884,054 | |
$ 6,170,038 | |||
Real Estate Management & Development — 1.1% | |||
FirstService Corp. | 23,724 | $ 3,452,791 | |
$ 3,452,791 | |||
Semiconductors & Semiconductor Equipment — 11.2% | |||
Analog Devices, Inc. | 34,460 | $ 6,033,601 | |
Lam Research Corp. | 11,445 | 7,173,383 | |
NVIDIA Corp. | 44,670 | 19,431,003 | |
QUALCOMM, Inc. | 29,878 | 3,318,251 | |
$ 35,956,238 | |||
Software — 20.9% | |||
Adobe, Inc.(1) | 24,045 | $ 12,260,546 | |
Autodesk, Inc.(1) | 12,337 | 2,552,649 | |
Fair Isaac Corp.(1) | 2,131 | 1,850,837 | |
Fortinet, Inc.(1) | 46,456 | 2,726,038 | |
Intuit, Inc. | 17,392 | 8,886,268 | |
Microsoft Corp. | 98,558 | 31,119,689 | |
Salesforce, Inc.(1) | 25,171 | 5,104,175 | |
Zscaler, Inc.(1) | 15,109 | 2,350,809 | |
$ 66,851,011 | |||
Specialty Retail — 3.2% | |||
Home Depot, Inc. (The) | 7,745 | $ 2,340,229 |
Security | Shares | Value | |
Specialty Retail (continued) | |||
TJX Cos., Inc. (The) | 87,696 | $ 7,794,421 | |
$ 10,134,650 | |||
Technology Hardware, Storage & Peripherals — 8.0% | |||
Apple, Inc. | 149,898 | $ 25,664,037 | |
$ 25,664,037 | |||
Textiles, Apparel & Luxury Goods — 1.5% | |||
Lululemon Athletica, Inc.(1) | 4,179 | $ 1,611,464 | |
NIKE, Inc., Class B | 33,368 | 3,190,649 | |
$ 4,802,113 | |||
Total Common Stocks (identified cost $156,973,588) | $320,029,254 |
Short-Term Investments — 0.0%(3) |
Security | Shares | Value | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 5.27%(4) | 2,638 | $ 2,638 | |
Total Short-Term Investments (identified cost $2,638) | $ 2,638 | ||
Total Investments — 99.9% (identified cost $156,976,226) | $320,031,892 | ||
Other Assets, Less Liabilities — 0.1% | $ 401,009 | ||
Net Assets — 100.0% | $320,432,901 |
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, 2023. The aggregate market value of securities on loan at September 30, 2023 was $790,628 and the total market value of the collateral received by the Fund was $803,169, comprised of U.S. government and/or agencies securities. |
(3) | Amount is less than 0.05%. |
(4) | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of September 30, 2023. |
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Eaton Vance
Growth Fund
September 30, 2023
Portfolio of Investments (Unaudited) — continued
The Fund did not have any open derivative instruments at September 30, 2023.
Affiliated Investments
At September 30, 2023, the value of the Fund's investment in funds that may be deemed to be affiliated was $2,638, which represents less than 0.05% of the Fund's net assets. Transactions in such investments by the Fund for the fiscal year to date ended September 30, 2023 were as follows:
Name | Value, beginning of period | Purchases | Sales proceeds | Net realized gain (loss) | Change in unrealized appreciation (depreciation) | Value, end of period | Dividend income | Shares, end of period |
Affiliated Fund | ||||||||
Liquidity Fund, Institutional Class(1) | $344,907 | $21,001,792 | $(21,344,061) | $ — | $ — | $2,638 | $33,983 | 2,638 |
(1) | Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio. |
Fair Value Measurements
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, 2023, 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 | $320,029,254* | $ — | $ — | $320,029,254 |
Short-Term Investments | 2,638 | — | — | 2,638 |
Total Investments | $320,031,892 | $ — | $ — | $320,031,892 |
* | 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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