Eaton Vance
Global Income Builder Fund
January 31, 2024 (Unaudited)
Portfolio of Investments (Unaudited)
Common Stocks — 60.4% |
Security | Shares | Value | |
Aerospace & Defense — 0.6% | |||
Safran SA | 7,735 | $ 1,444,193 | |
$ 1,444,193 | |||
Air Freight & Logistics — 0.5% | |||
GXO Logistics, Inc.(1) | 23,903 | $ 1,299,845 | |
$ 1,299,845 | |||
Automobiles — 0.2% | |||
Tesla, Inc.(1) | 2,309 | $ 432,453 | |
$ 432,453 | |||
Banks — 4.4% | |||
Banco Santander SA | 184,086 | $ 739,852 | |
Barclays PLC | 563,856 | 1,047,829 | |
Citigroup, Inc. | 20,283 | 1,139,296 | |
HDFC Bank Ltd. | 15,791 | 876,243 | |
HSBC Holdings PLC | 86,419 | 674,734 | |
ING Groep NV | 21,145 | 300,438 | |
KBC Group NV | 8,873 | 578,800 | |
Skandinaviska Enskilda Banken AB, Class A | 76,275 | 1,083,268 | |
Societe Generale SA | 39,073 | 1,004,372 | |
Swedbank AB, Class A | 63,636 | 1,296,773 | |
Toronto-Dominion Bank | 12,218 | 742,195 | |
Truist Financial Corp. | 31,437 | 1,165,055 | |
$ 10,648,855 | |||
Beverages — 0.3% | |||
Diageo PLC | 19,400 | $ 700,687 | |
$ 700,687 | |||
Biotechnology — 0.5% | |||
CSL Ltd. | 6,126 | $ 1,203,009 | |
$ 1,203,009 | |||
Broadline Retail — 1.8% | |||
Amazon.com, Inc.(1) | 28,706 | $ 4,455,171 | |
$ 4,455,171 | |||
Capital Markets — 0.4% | |||
Intercontinental Exchange, Inc. | 7,684 | $ 978,404 | |
$ 978,404 |
Security | Shares | Value | |
Chemicals — 0.3% | |||
Sika AG | 2,394 | $ 660,882 | |
$ 660,882 | |||
Commercial Services & Supplies — 0.4% | |||
Waste Management, Inc. | 4,805 | $ 891,952 | |
$ 891,952 | |||
Consumer Staples Distribution & Retail — 0.4% | |||
Dollar Tree, Inc.(1) | 7,410 | $ 967,894 | |
$ 967,894 | |||
Diversified Telecommunication Services — 0.6% | |||
Telia Co. AB | 428,432 | $ 1,105,000 | |
Zegona Communications PLC(1) | 181,045 | 418,964 | |
$ 1,523,964 | |||
Electric Utilities — 1.0% | |||
Enel SpA | 68,098 | $ 464,658 | |
Iberdrola SA | 93,589 | 1,126,901 | |
NextEra Energy, Inc. | 12,961 | 759,904 | |
$ 2,351,463 | |||
Electrical Equipment — 1.4% | |||
AMETEK, Inc. | 6,832 | $ 1,107,125 | |
Schneider Electric SE | 11,295 | 2,218,903 | |
$ 3,326,028 | |||
Electronic Equipment, Instruments & Components — 1.7% | |||
CDW Corp. | 8,307 | $ 1,883,363 | |
Halma PLC | 26,226 | 725,912 | |
Keyence Corp. | 3,211 | 1,436,594 | |
$ 4,045,869 | |||
Entertainment — 0.7% | |||
Walt Disney Co. | 18,369 | $ 1,764,342 | |
$ 1,764,342 | |||
Financial Services — 1.0% | |||
Fidelity National Information Services, Inc. | 12,672 | $ 788,959 | |
Visa, Inc., Class A | 5,668 | 1,548,837 | |
$ 2,337,796 | |||
Food Products — 1.4% | |||
Mondelez International, Inc., Class A | 12,238 | $ 921,155 |
1
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Food Products (continued) | |||
Nestle SA | 20,936 | $ 2,385,668 | |
$ 3,306,823 | |||
Gas Utilities — 0.2% | |||
Snam SpA | 108,560 | $ 530,201 | |
$ 530,201 | |||
Ground Transportation — 0.5% | |||
Union Pacific Corp. | 5,177 | $ 1,262,826 | |
$ 1,262,826 | |||
Health Care Equipment & Supplies — 2.0% | |||
Alcon, Inc. | 9,490 | $ 714,360 | |
Boston Scientific Corp.(1) | 34,158 | 2,160,835 | |
Intuitive Surgical, Inc.(1) | 3,338 | 1,262,498 | |
Straumann Holding AG | 5,269 | 800,368 | |
$ 4,938,061 | |||
Health Care Providers & Services — 0.4% | |||
Elevance Health, Inc. | 295 | $ 145,565 | |
UnitedHealth Group, Inc. | 1,566 | 801,385 | |
$ 946,950 | |||
Health Care REITs — 0.3% | |||
Healthpeak Properties, Inc. | 34,817 | $ 644,115 | |
$ 644,115 | |||
Hotels, Restaurants & Leisure — 1.9% | |||
Amadeus IT Group SA | 18,261 | $ 1,279,738 | |
Compass Group PLC | 85,173 | 2,345,984 | |
InterContinental Hotels Group PLC | 11,108 | 1,052,517 | |
$ 4,678,239 | |||
Household Products — 0.3% | |||
Essity AB, Class B | 32,351 | $ 759,708 | |
$ 759,708 | |||
Industrial Conglomerates — 1.1% | |||
Siemens AG | 14,588 | $ 2,611,600 | |
$ 2,611,600 | |||
Insurance — 2.3% | |||
AIA Group Ltd. | 180,071 | $ 1,412,192 | |
Allstate Corp. | 7,233 | 1,122,923 | |
Assurant, Inc. | 6,076 | 1,020,464 |
Security | Shares | Value | |
Insurance (continued) | |||
AXA SA | 27,187 | $ 912,540 | |
RenaissanceRe Holdings Ltd. | 4,943 | 1,131,107 | |
$ 5,599,226 | |||
Interactive Media & Services — 2.3% | |||
Alphabet, Inc., Class C(1) | 39,100 | $ 5,544,380 | |
$ 5,544,380 | |||
IT Services — 0.7% | |||
Accenture PLC, Class A | 4,368 | $ 1,589,428 | |
$ 1,589,428 | |||
Life Sciences Tools & Services — 0.7% | |||
Danaher Corp. | 5,160 | $ 1,237,935 | |
Sartorius AG, PFC Shares | 1,298 | 473,514 | |
$ 1,711,449 | |||
Machinery — 1.6% | |||
Ingersoll Rand, Inc. | 23,086 | $ 1,843,648 | |
Kone OYJ, Class B | 14,969 | 740,985 | |
Volvo AB, Class B | 55,138 | 1,321,400 | |
$ 3,906,033 | |||
Media — 0.0%(2) | |||
National CineMedia, Inc.(1) | 16,372 | $ 66,961 | |
$ 66,961 | |||
Metals & Mining — 1.3% | |||
Anglo American PLC | 20,694 | $ 493,297 | |
Nippon Steel Corp. | 36,486 | 878,023 | |
Rio Tinto Ltd. | 13,158 | 1,132,211 | |
thyssenkrupp AG | 124,958 | 771,202 | |
$ 3,274,733 | |||
Multi-Utilities — 0.1% | |||
CMS Energy Corp. | 6,384 | $ 364,909 | |
$ 364,909 | |||
Oil, Gas & Consumable Fuels — 2.8% | |||
Chevron Corp. | 5,714 | $ 842,415 | |
ConocoPhillips | 16,889 | 1,889,373 | |
EOG Resources, Inc. | 30,347 | 3,453,185 | |
Phillips 66 | 862 | 124,395 | |
Repsol SA | 37,752 | 557,532 | |
$ 6,866,900 |
2
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Personal Care Products — 0.1% | |||
Kose Corp. | 4,678 | $ 306,047 | |
$ 306,047 | |||
Pharmaceuticals — 7.8% | |||
AstraZeneca PLC | 13,902 | $ 1,843,083 | |
Eli Lilly & Co. | 10,732 | 6,928,686 | |
Novo Nordisk AS, Class B | 48,268 | 5,517,244 | |
Sanofi SA | 17,212 | 1,723,705 | |
Takeda Pharmaceutical Co. Ltd. | 28,346 | 833,103 | |
Zoetis, Inc. | 11,157 | 2,095,396 | |
$ 18,941,217 | |||
Professional Services — 1.3% | |||
Recruit Holdings Co. Ltd. | 28,681 | $ 1,132,863 | |
RELX PLC | 25,806 | 1,065,118 | |
Verisk Analytics, Inc. | 3,508 | 847,287 | |
$ 3,045,268 | |||
Semiconductors & Semiconductor Equipment — 4.5% | |||
ASML Holding NV | 4,067 | $ 3,528,480 | |
Infineon Technologies AG | 43,311 | 1,578,986 | |
Micron Technology, Inc. | 21,847 | 1,873,380 | |
NVIDIA Corp. | 3,807 | 2,342,333 | |
Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 14,193 | 1,603,241 | |
$ 10,926,420 | |||
Software — 5.1% | |||
Adobe, Inc.(1) | 4,019 | $ 2,482,858 | |
Intuit, Inc. | 3,680 | 2,323,295 | |
Microsoft Corp. | 19,085 | 7,587,814 | |
$ 12,393,967 | |||
Specialty Retail — 1.6% | |||
Buckle, Inc. | 15,685 | $ 583,325 | |
Lowe's Cos., Inc. | 6,798 | 1,446,886 | |
TJX Cos., Inc. | 19,240 | 1,826,069 | |
$ 3,856,280 | |||
Technology Hardware, Storage & Peripherals — 1.8% | |||
Apple, Inc. | 23,190 | $ 4,276,236 | |
$ 4,276,236 | |||
Textiles, Apparel & Luxury Goods — 0.5% | |||
LVMH Moet Hennessy Louis Vuitton SE | 1,613 | $ 1,342,110 | |
$ 1,342,110 |
Security | Shares | Value | |
Tobacco — 0.7% | |||
Imperial Brands PLC | 68,874 | $ 1,653,329 | |
$ 1,653,329 | |||
Trading Companies & Distributors — 0.9% | |||
Ashtead Group PLC | 13,916 | $ 909,994 | |
IMCD NV | 8,680 | 1,324,921 | |
$ 2,234,915 | |||
Total Common Stocks (identified cost $88,431,456) | $146,611,138 |
Convertible Bonds — 0.3% |
Security | Principal Amount (000's omitted) | Value | |
Electric Utilities — 0.1% | |||
NextEra Energy Partners LP, 2.50%, 6/15/26(3) | $ | 236 | $ 212,990 |
$ 212,990 | |||
Leisure Products — 0.1% | |||
Peloton Interactive, Inc., 0.00%, 2/15/26 | $ | 246 | $ 196,790 |
$ 196,790 | |||
Transportation — 0.1% | |||
CryoPort, Inc., 0.75%, 12/1/26(3) | $ | 364 | $ 298,953 |
$ 298,953 | |||
Total Convertible Bonds (identified cost $747,858) | $ 708,733 |
Corporate Bonds — 36.2% |
Security | Principal Amount (000's omitted)* | Value | |
Advertising — 0.1% | |||
Stagwell Global LLC, 5.625%, 8/15/29(3) | 190 | $ 174,041 | |
$ 174,041 | |||
Aerospace & Defense — 0.9% | |||
Bombardier, Inc., 8.75%, 11/15/30(3) | 135 | $ 141,846 | |
Moog, Inc., 4.25%, 12/15/27(3) | 170 | 159,333 | |
Rolls-Royce PLC, 5.75%, 10/15/27(3) | 492 | 492,730 |
3
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted)* | Value | |
Aerospace & Defense (continued) | |||
Spirit AeroSystems, Inc.: | |||
4.60%, 6/15/28 | 69 | $ 59,095 | |
9.375%, 11/30/29(3) | 26 | 28,203 | |
TransDigm, Inc.: | |||
4.625%, 1/15/29 | 185 | 173,185 | |
5.50%, 11/15/27 | 106 | 103,218 | |
6.25%, 3/15/26(3) | 419 | 416,490 | |
6.75%, 8/15/28(3) | 221 | 224,892 | |
7.50%, 3/15/27 | 327 | 328,154 | |
$ 2,127,146 | |||
Airlines — 0.0%(2) | |||
American Airlines, Inc., 7.25%, 2/15/28(3) | 57 | $ 57,819 | |
$ 57,819 | |||
Auto Components — 0.1% | |||
Forvia SE: | |||
2.75%, 2/15/27(4) | EUR | 100 | $ 102,650 |
3.75%, 6/15/28(4) | EUR | 100 | 104,880 |
$ 207,530 | |||
Automobile Components — 0.6% | |||
Clarios Global LP/Clarios U.S. Finance Co.: | |||
4.375%, 5/15/26(4) | EUR | 578 | $ 620,434 |
8.50%, 5/15/27(3) | 194 | 193,832 | |
IHO Verwaltungs GmbH: | |||
6.375%, (6.375% cash or 7.125% PIK), 5/15/29(3)(5) | 200 | 199,002 | |
8.75%, (8.75% cash or 9.50% PIK), 5/15/28(4)(5) | EUR | 100 | 117,063 |
Real Hero Merger Sub 2, Inc., 6.25%, 2/1/29(3) | 155 | 134,604 | |
TI Automotive Finance PLC, 3.75%, 4/15/29(4) | EUR | 200 | 198,200 |
Wheel Pros, Inc., 6.50%, 5/15/29(3) | 174 | 44,153 | |
$ 1,507,288 | |||
Automobiles — 0.5% | |||
Ford Motor Co.: | |||
3.25%, 2/12/32 | 364 | $ 301,514 | |
4.75%, 1/15/43 | 197 | 162,525 | |
9.625%, 4/22/30 | 26 | 30,511 | |
Ford Motor Credit Co. LLC: | |||
4.125%, 8/17/27 | 555 | 527,468 | |
5.125%, 6/16/25 | 200 | 198,320 | |
$ 1,220,338 |
Security | Principal Amount (000's omitted)* | Value | |
Automotives — 0.2% | |||
Dornoch Debt Merger Sub, Inc., 6.625%, 10/15/29(3) | 213 | $ 193,611 | |
Goodyear Tire & Rubber Co., 5.00%, 7/15/29 | 228 | 214,185 | |
$ 407,796 | |||
Banks — 1.5% | |||
Banco Mercantil del Norte SA/Grand Cayman, 7.625% to 1/10/28(3)(6)(7) | 200 | $ 195,375 | |
Banco Santander SA, 9.625% to 5/21/33(6)(7) | 200 | 215,000 | |
Bank of America Corp., Series TT, 6.125% to 4/27/27(6)(7) | 89 | 88,849 | |
Bank of Nova Scotia, 8.625% to 10/27/27, 10/27/82(7) | 200 | 207,431 | |
Barclays PLC, 8.00% to 3/15/29(6)(7) | 200 | 193,962 | |
BNP Paribas SA, 7.75% to 8/16/29(3)(6)(7) | 200 | 202,508 | |
Citigroup, Inc., Series W, 4.00% to 12/10/25(6)(7) | 301 | 282,021 | |
Farm Credit Bank of Texas, Series 3, 6.20% to 6/15/28(3)(6)(7) | 220 | 203,500 | |
HSBC Holdings PLC, 4.60% to 12/17/30(6)(7) | 200 | 166,359 | |
Huntington Bancshares, Inc., Series F, 5.625% to 7/15/30(6)(7) | 125 | 115,958 | |
JPMorgan Chase & Co., Series KK, 3.65% to 6/1/26(6)(7) | 251 | 231,954 | |
Lloyds Banking Group PLC, 7.50% to 9/27/25(6)(7) | 200 | 195,700 | |
PNC Financial Services Group, Inc., Series V, 6.20% to 9/15/27(6)(7) | 100 | 98,198 | |
Regions Financial Corp., Series D, 5.75% to 6/15/25(6)(7) | 75 | 73,737 | |
Societe Generale SA, 5.375% to 11/18/30(3)(6)(7) | 200 | 163,908 | |
Toronto-Dominion Bank, 8.125% to 10/31/27, 10/31/82(7) | 200 | 208,226 | |
Truist Financial Corp., Series Q, 5.10% to 3/1/30(6)(7) | 174 | 161,369 | |
UBS Group AG, 4.375% to 2/10/31(3)(6)(7) | 200 | 159,079 | |
UniCredit SpA, 7.296% to 4/2/29, 4/2/34(3)(7) | 200 | 206,963 | |
Wells Fargo & Co., Series BB, 3.90% to 3/15/26(6)(7) | 267 | 250,345 | |
$ 3,620,442 | |||
Biotechnology — 0.4% | |||
Grifols SA: | |||
3.20%, 5/1/25(4) | EUR | 100 | $ 103,264 |
3.875%, 10/15/28(4) | EUR | 600 | 549,620 |
4.75%, 10/15/28(3) | 280 | 241,077 | |
$ 893,961 | |||
Building Products — 0.7% | |||
Builders FirstSource, Inc.: | |||
4.25%, 2/1/32(3) | 249 | $ 222,932 | |
5.00%, 3/1/30(3) | 90 | 86,475 | |
CP Atlas Buyer, Inc., 7.00%, 12/1/28(3) | 134 | 119,559 |
4
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted)* | Value | |
Building Products (continued) | |||
Emerald Debt Merger Sub LLC, 6.625%, 12/15/30(3) | 135 | $ 136,528 | |
PGT Innovations, Inc., 4.375%, 10/1/29(3) | 134 | 135,134 | |
Standard Industries, Inc.: | |||
2.25%, 11/21/26(4) | EUR | 300 | 305,463 |
4.375%, 7/15/30(3) | 275 | 250,153 | |
Summit Materials LLC/Summit Materials Finance Corp., 7.25%, 1/15/31(3) | 207 | 215,253 | |
WASH Multifamily Acquisition, Inc., 5.75%, 4/15/26(3) | 346 | 332,933 | |
$ 1,804,430 | |||
Capital Markets — 0.1% | |||
Charles Schwab Corp., Series I, 4.00% to 6/1/26(6)(7) | 259 | $ 235,696 | |
$ 235,696 | |||
Casino & Gaming — 0.1% | |||
Cinemark USA, Inc.: | |||
5.875%, 3/15/26(3) | 67 | $ 66,442 | |
8.75%, 5/1/25(3) | 29 | 29,278 | |
Speedway Motorsports LLC/Speedway Funding II, Inc., 4.875%, 11/1/27(3) | 250 | 237,376 | |
$ 333,096 | |||
Chemicals — 0.8% | |||
ASP Unifrax Holdings, Inc., 5.25%, 9/30/28(3) | 139 | $ 92,479 | |
Avient Corp., 7.125%, 8/1/30(3) | 102 | 104,718 | |
Herens Holdco SARL, 4.75%, 5/15/28(3) | 201 | 169,536 | |
Herens Midco SARL, 5.25%, 5/15/29(4) | EUR | 100 | 76,109 |
INEOS Finance PLC, 6.375%, 4/15/29(4) | EUR | 200 | 216,140 |
Italmatch Chemicals SpA, 10.00%, 2/6/28(4) | EUR | 250 | 286,375 |
NOVA Chemicals Corp.: | |||
4.25%, 5/15/29(3) | 203 | 171,147 | |
4.875%, 6/1/24(3) | 106 | 105,580 | |
Nufarm Australia Ltd./Nufarm Americas, Inc., 5.00%, 1/27/30(3) | 236 | 216,164 | |
Olympus Water U.S. Holding Corp., 9.75%, 11/15/28(3) | 399 | 422,631 | |
Valvoline, Inc., 3.625%, 6/15/31(3) | 177 | 151,524 | |
$ 2,012,403 | |||
Commercial Services & Supplies — 2.1% | |||
Adtalem Global Education, Inc., 5.50%, 3/1/28(3) | 290 | $ 273,986 | |
AMN Healthcare, Inc., 4.625%, 10/1/27(3) | 19 | 18,128 | |
APi Group DE, Inc., 4.75%, 10/15/29(3) | 55 | 51,556 | |
Clean Harbors, Inc.: | |||
4.875%, 7/15/27(3) | 101 | 97,826 | |
5.125%, 7/15/29(3) | 61 | 58,411 |
Security | Principal Amount (000's omitted)* | Value | |
Commercial Services & Supplies (continued) | |||
Clean Harbors, Inc.: (continued) | |||
6.375%, 2/1/31(3) | 38 | $ 38,531 | |
Covanta Holding Corp., 4.875%, 12/1/29(3) | 430 | 371,798 | |
Gartner, Inc.: | |||
3.75%, 10/1/30(3) | 187 | 167,463 | |
4.50%, 7/1/28(3) | 151 | 144,227 | |
GFL Environmental, Inc.: | |||
3.50%, 9/1/28(3) | 265 | 240,120 | |
3.75%, 8/1/25(3) | 130 | 126,564 | |
4.75%, 6/15/29(3) | 343 | 322,349 | |
HealthEquity, Inc., 4.50%, 10/1/29(3) | 212 | 198,199 | |
Hertz Corp.: | |||
4.625%, 12/1/26(3) | 29 | 26,109 | |
5.00%, 12/1/29(3) | 230 | 181,959 | |
IPD 3 BV, 8.00%, 6/15/28(4) | EUR | 200 | 227,969 |
Korn Ferry, 4.625%, 12/15/27(3) | 233 | 223,024 | |
Madison IAQ LLC, 5.875%, 6/30/29(3) | 323 | 287,297 | |
Mavis Tire Express Services Topco Corp., 6.50%, 5/15/29(3) | 439 | 403,909 | |
NESCO Holdings II, Inc., 5.50%, 4/15/29(3) | 206 | 193,304 | |
Paprec Holding SA: | |||
3.50%, 7/1/28(4) | EUR | 352 | 363,288 |
7.25%, 11/17/29(4) | EUR | 180 | 208,432 |
Team Health Holdings, Inc., 6.375%, 2/1/25(3) | 235 | 202,545 | |
Tervita Corp., 11.00%, 12/1/25(3) | 123 | 128,460 | |
VT Topco, Inc., 8.50%, 8/15/30(3) | 402 | 420,446 | |
Wand NewCo 3, Inc., 7.625%, 1/30/32(3) | 151 | 156,048 | |
$ 5,131,948 | |||
Construction & Engineering — 0.1% | |||
TopBuild Corp., 4.125%, 2/15/32(3) | 201 | $ 175,857 | |
$ 175,857 | |||
Construction Materials — 0.2% | |||
Smyrna Ready Mix Concrete LLC, 6.00%, 11/1/28(3) | 454 | $ 444,207 | |
$ 444,207 | |||
Consumer Finance — 0.2% | |||
CPUK Finance Ltd., 4.875%, 2/28/47(4) | GBP | 278 | $ 344,283 |
PRA Group, Inc., 7.375%, 9/1/25(3) | 217 | 218,543 | |
$ 562,826 | |||
Containers & Packaging — 0.6% | |||
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC, 3.00%, 9/1/29(4) | EUR | 200 | $ 169,857 |
5
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted)* | Value | |
Containers & Packaging (continued) | |||
Ball Corp., 6.875%, 3/15/28 | 59 | $ 60,979 | |
Berry Global, Inc., 5.625%, 7/15/27(3) | 117 | 116,108 | |
Canpack SA/Canpack U.S. LLC, 3.875%, 11/15/29(3) | 312 | 275,300 | |
Fiber Bidco SpA, 7.97%, (3 mo. EURIBOR + 4.00%), 1/15/30(4)(8) | EUR | 310 | 338,374 |
Kleopatra Finco SARL, 4.25%, 3/1/26(4) | EUR | 479 | 457,426 |
$ 1,418,044 | |||
Cosmetics/Personal Care — 0.0%(2) | |||
Edgewell Personal Care Co., 4.125%, 4/1/29(3) | 74 | $ 66,766 | |
$ 66,766 | |||
Distributors — 0.8% | |||
BCPE Empire Holdings, Inc., 7.625%, 5/1/27(3) | 270 | $ 258,196 | |
Parts Europe SA, 7.97%, (3 mo. EURIBOR + 4.00%), 7/20/27(4)(8) | EUR | 350 | 379,020 |
Performance Food Group, Inc.: | |||
4.25%, 8/1/29(3) | 315 | 288,927 | |
5.50%, 10/15/27(3) | 169 | 164,972 | |
Rexel SA, 5.25%, 9/15/30(4) | EUR | 300 | 335,361 |
Ritchie Bros Holdings, Inc.: | |||
6.75%, 3/15/28(3) | 111 | 113,367 | |
7.75%, 3/15/31(3) | 87 | 91,791 | |
Windsor Holdings III LLC, 8.50%, 6/15/30(3) | 252 | 259,750 | |
$ 1,891,384 | |||
Diversified Consumer Services — 0.3% | |||
GEMS MENASA Cayman Ltd./GEMS Education Delaware LLC, 7.125%, 7/31/26(4) | 750 | $ 743,419 | |
$ 743,419 | |||
Diversified Financial Services — 0.3% | |||
Air Lease Corp., Series B, 4.65% to 6/15/26(6)(7) | 100 | $ 92,699 | |
Ally Financial, Inc., 6.70%, 2/14/33 | 40 | 40,178 | |
Alpha Holding SA de CV, 9.00%, 2/10/25(3)(9) | 189 | 2,828 | |
American AgCredit Corp., Series A, 5.25% to 6/15/26(3)(6)(7) | 250 | 235,000 | |
Goldman Sachs Group, Inc., Series W, 7.50% to 2/10/29(6)(7) | 125 | 131,609 | |
Intrum AB, 4.875%, 8/15/25(4) | EUR | 100 | 94,903 |
Macquarie Airfinance Holdings Ltd., 8.125%, 3/30/29(3) | 141 | 146,425 | |
$ 743,642 |
Security | Principal Amount (000's omitted)* | Value | |
Diversified REITs — 0.2% | |||
CTR Partnership LP/CareTrust Capital Corp., 3.875%, 6/30/28(3) | 250 | $ 228,072 | |
HAT Holdings I LLC/HAT Holdings II LLC, 3.375%, 6/15/26(3) | 327 | 304,195 | |
$ 532,267 | |||
Diversified Telecommunication Services — 0.4% | |||
Level 3 Financing, Inc., 4.25%, 7/1/28(3) | 324 | $ 183,060 | |
Lorca Telecom Bondco SA, 4.00%, 9/18/27(4) | EUR | 650 | 684,528 |
$ 867,588 | |||
Electric Utilities — 1.1% | |||
Dominion Energy, Inc., Series C, 4.35% to 1/15/27(6)(7) | 93 | $ 84,441 | |
Electricite de France SA, 7.50% to 9/6/28(4)(6)(7) | EUR | 200 | 236,241 |
Enviva Partners LP/Enviva Partners Finance Corp., 6.50%, 1/15/26(3) | 435 | 162,904 | |
FirstEnergy Corp.: | |||
2.65%, 3/1/30 | 53 | 46,098 | |
Series B, 4.15%, 7/15/27 | 257 | 246,990 | |
Imola Merger Corp., 4.75%, 5/15/29(3) | 370 | 344,801 | |
NextEra Energy Operating Partners LP, 4.50%, 9/15/27(3) | 90 | 84,597 | |
NRG Energy, Inc.: | |||
3.625%, 2/15/31(3) | 177 | 151,973 | |
3.875%, 2/15/32(3) | 95 | 81,554 | |
Pattern Energy Operations LP/Pattern Energy Operations, Inc., 4.50%, 8/15/28(3) | 152 | 141,799 | |
Sempra, 4.125% to 1/1/27, 4/1/52(7) | 167 | 147,862 | |
Southern California Edison Co., Series E, 9.767%, (3 mo. SOFR + 4.461%)(6)(8) | 101 | 101,632 | |
Southern Co.: | |||
Series 21-A, 3.75% to 6/15/26, 9/15/51(7) | 120 | 112,152 | |
Series B, 4.00% to 10/15/25, 1/15/51(7) | 56 | 53,938 | |
TerraForm Power Operating LLC, 5.00%, 1/31/28(3) | 237 | 228,629 | |
TransAlta Corp., 7.75%, 11/15/29 | 166 | 174,660 | |
Vistra Operations Co. LLC: | |||
4.375%, 5/1/29(3) | 173 | 158,997 | |
5.00%, 7/31/27(3) | 232 | 224,969 | |
$ 2,784,237 | |||
Electronic Equipment, Instruments & Components — 0.3% | |||
Coherent Corp., 5.00%, 12/15/29(3) | 211 | $ 197,775 | |
Energizer Gamma Acquisition BV, 3.50%, 6/30/29(4) | EUR | 250 | 240,367 |
Sensata Technologies BV, 5.00%, 10/1/25(3) | 57 | 56,789 | |
WESCO Distribution, Inc., 7.25%, 6/15/28(3) | 153 | 157,273 | |
$ 652,204 |
6
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted)* | Value | |
Entertainment — 1.6% | |||
Allwyn Entertainment Financing U.K. PLC, 7.25%, 4/30/30(4) | EUR | 400 | $ 457,979 |
Boyne USA, Inc., 4.75%, 5/15/29(3) | 218 | 199,862 | |
Caesars Entertainment, Inc.: | |||
6.25%, 7/1/25(3) | 417 | 418,685 | |
6.50%, 2/15/32(3)(10) | 126 | 127,476 | |
7.00%, 2/15/30(3) | 100 | 102,827 | |
8.125%, 7/1/27(3) | 56 | 57,505 | |
Churchill Downs, Inc., 5.75%, 4/1/30(3) | 233 | 225,593 | |
Cinemark USA, Inc., 5.25%, 7/15/28(3) | 206 | 190,189 | |
Cirsa Finance International SARL, 6.50%, 3/15/29(4)(10) | EUR | 375 | 405,262 |
Jacobs Entertainment, Inc., 6.75%, 2/15/29(3) | 278 | 263,964 | |
LHMC Finco 2 SARL, 7.25%, (7.25% cash or 8.00% PIK), 10/2/25(4)(5) | EUR | 564 | 610,459 |
Light & Wonder International, Inc., 7.00%, 5/15/28(3) | 216 | 215,890 | |
Lottomatica SpA, 7.928%, (3 mo. EURIBOR + 4.00%), 12/15/30(4)(8) | EUR | 355 | 390,266 |
Resorts World Las Vegas LLC/RWLV Capital, Inc., 8.45%, 7/27/30(3) | 200 | 208,373 | |
SeaWorld Parks & Entertainment, Inc., 5.25%, 8/15/29(3) | 122 | 113,726 | |
$ 3,988,056 | |||
Financial Services — 1.6% | |||
AG TTMT Escrow Issuer LLC, 8.625%, 9/30/27(3) | 99 | $ 102,856 | |
Allied Universal Holdco LLC/Allied Universal Finance Corp.: | |||
6.625%, 7/15/26(3) | 485 | 478,343 | |
9.75%, 7/15/27(3) | 203 | 198,709 | |
Ally Financial, Inc., Series B, 4.70% to 5/15/26(6)(7) | 270 | 219,669 | |
Compass Group Diversified Holdings LLC, 5.25%, 4/15/29(3) | 254 | 242,124 | |
Encore Capital Group, Inc., 5.375%, 2/15/26(4) | GBP | 180 | 221,162 |
GTCR W-2 Merger Sub LLC/GTCR W Dutch Finance Sub BV, 8.50%, 1/15/31(4) | GBP | 200 | 272,856 |
Iqera Group SAS, 6.50%, 9/30/24(4) | EUR | 258 | 271,608 |
Jane Street Group/JSG Finance, Inc., 4.50%, 11/15/29(3) | 315 | 288,281 | |
Jefferson Capital Holdings LLC, 6.00%, 8/15/26(3) | 343 | 330,300 | |
Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc., 6.375%, 2/1/27(3) | 131 | 124,412 | |
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.: | |||
2.875%, 10/15/26(3) | 156 | 143,275 | |
3.625%, 3/1/29(3) | 259 | 230,452 | |
4.00%, 10/15/33(3) | 30 | 25,495 |
Security | Principal Amount (000's omitted)* | Value | |
Financial Services (continued) | |||
Sherwood Financing PLC, 6.00%, 11/15/26(4) | GBP | 420 | $ 489,940 |
VistaJet Malta Finance PLC/Vista Management Holding, Inc., 6.375%, 2/1/30(3) | 348 | 252,276 | |
$ 3,891,758 | |||
Food Products — 0.6% | |||
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC, 5.875%, 2/15/28(3) | 181 | $ 180,962 | |
Chobani LLC/Chobani Finance Corp., Inc., 7.625%, 7/1/29(3) | 201 | 203,756 | |
Darling Ingredients, Inc., 6.00%, 6/15/30(3) | 177 | 176,050 | |
Fiesta Purchaser, Inc., 7.875%, 3/1/31(3)(10) | 35 | 35,000 | |
Land O' Lakes, Inc., 8.00%(3)(6) | 235 | 209,150 | |
Nomad Foods Bondco PLC, 2.50%, 6/24/28(4) | EUR | 433 | 433,374 |
Pilgrim's Pride Corp., 3.50%, 3/1/32 | 252 | 212,804 | |
$ 1,451,096 | |||
Health Care Equipment & Supplies — 1.5% | |||
Catalent Pharma Solutions, Inc., 2.375%, 3/1/28(4) | EUR | 305 | $ 294,239 |
Compass Minerals International, Inc., 6.75%, 12/1/27(3) | 346 | 341,613 | |
LifePoint Health, Inc.: | |||
5.375%, 1/15/29(3) | 200 | 158,317 | |
9.875%, 8/15/30(3) | 105 | 107,501 | |
Medline Borrower LP, 5.25%, 10/1/29(3) | 603 | 562,779 | |
ModivCare Escrow Issuer, Inc., 5.00%, 10/1/29(3) | 137 | 111,272 | |
Molina Healthcare, Inc.: | |||
3.875%, 11/15/30(3) | 245 | 214,962 | |
3.875%, 5/15/32(3) | 189 | 161,898 | |
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/1/26(3) | 240 | 239,822 | |
Tenet Healthcare Corp.: | |||
4.375%, 1/15/30 | 17 | 15,745 | |
4.875%, 1/1/26 | 290 | 287,664 | |
5.125%, 11/1/27 | 138 | 134,117 | |
6.125%, 10/1/28 | 289 | 288,181 | |
6.875%, 11/15/31 | 133 | 136,584 | |
U.S. Acute Care Solutions LLC, 6.375%, 3/1/26(3) | 400 | 349,912 | |
Varex Imaging Corp., 7.875%, 10/15/27(3) | 148 | 150,503 | |
$ 3,555,109 | |||
Health Care Providers & Services — 0.8% | |||
AMN Healthcare, Inc., 4.00%, 4/15/29(3) | 386 | $ 350,671 | |
Cerba Healthcare SACA, 3.50%, 5/31/28(4) | EUR | 500 | 475,508 |
Ephios Subco 3 SARL, 7.875%, 1/31/31(4) | EUR | 305 | 348,623 |
IQVIA, Inc., 2.875%, 6/15/28(4) | EUR | 150 | 154,098 |
7
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted)* | Value | |
Health Care Providers & Services (continued) | |||
Legacy LifePoint Health LLC, 4.375%, 2/15/27(3) | 173 | $ 161,278 | |
ModivCare, Inc., 5.875%, 11/15/25(3) | 207 | 204,618 | |
Verisure Holding AB, 3.25%, 2/15/27(4) | EUR | 335 | 348,884 |
$ 2,043,680 | |||
Healthcare-Services — 0.3% | |||
AHP Health Partners, Inc., 5.75%, 7/15/29(3) | 75 | $ 67,288 | |
Fortrea Holdings, Inc., 7.50%, 7/1/30(3) | 294 | 299,165 | |
Heartland Dental LLC/Heartland Dental Finance Corp., 10.50%, 4/30/28(3) | 374 | 390,389 | |
$ 756,842 | |||
Home Builders — 0.1% | |||
Ashton Woods USA LLC/Ashton Woods Finance Co.: | |||
4.625%, 8/1/29(3) | 48 | $ 43,249 | |
4.625%, 4/1/30(3) | 60 | 54,360 | |
Meritage Homes Corp., 3.875%, 4/15/29(3) | 95 | 87,591 | |
$ 185,200 | |||
Hotels, Restaurants & Leisure — 0.3% | |||
1011778 BC ULC/New Red Finance, Inc.: | |||
3.875%, 1/15/28(3) | 286 | $ 269,387 | |
4.375%, 1/15/28(3) | 182 | 173,269 | |
5.75%, 4/15/25(3) | 66 | 65,926 | |
Lithia Motors, Inc., 4.625%, 12/15/27(3) | 91 | 87,252 | |
Viking Cruises Ltd., 5.875%, 9/15/27(3) | 279 | 269,207 | |
$ 865,041 | |||
Household Products — 0.3% | |||
CD&R Smokey Buyer, Inc., 6.75%, 7/15/25(3) | 72 | $ 70,634 | |
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc., 7.00%, 12/31/27(3) | 190 | 185,656 | |
Spectrum Brands, Inc., 3.875%, 3/15/31(3) | 136 | 126,108 | |
Tempur Sealy International, Inc., 3.875%, 10/15/31(3) | 310 | 261,866 | |
$ 644,264 | |||
Housewares — 0.1% | |||
ProGroup AG, 3.00%, 3/31/26(4) | EUR | 163 | $ 171,100 |
$ 171,100 | |||
Independent Power and Renewable Electricity Producers — 0.2% | |||
Algonquin Power & Utilities Corp., 4.75% to 1/18/27, 1/18/82(7) | 113 | $ 97,861 | |
Calpine Corp.: | |||
5.125%, 3/15/28(3) | 179 | 170,967 |
Security | Principal Amount (000's omitted)* | Value | |
Independent Power and Renewable Electricity Producers (continued) | |||
Calpine Corp.: (continued) | |||
5.25%, 6/1/26(3) | 50 | $ 49,220 | |
NRG Energy, Inc., 10.25% to 3/15/28(3)(6)(7) | 174 | 183,531 | |
$ 501,579 | |||
Industrial Conglomerates — 0.3% | |||
Abertis Infraestructuras Finance BV, 3.248% to 11/24/25(4)(6)(7) | EUR | 200 | $ 209,390 |
Brundage-Bone Concrete Pumping Holdings, Inc., 6.00%, 2/1/26(3) | 162 | 159,757 | |
Gatwick Airport Finance PLC, 4.375%, 4/7/26(4) | GBP | 245 | 299,604 |
$ 668,751 | |||
Insurance — 0.7% | |||
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer: | |||
6.75%, 10/15/27(3) | 96 | $ 93,805 | |
7.00%, 1/15/31(3) | 95 | 96,079 | |
Allianz SE, 3.50% to 11/17/25(3)(6)(7) | 200 | 181,560 | |
Corebridge Financial, Inc., 6.875% to 9/15/27, 12/15/52(7) | 187 | 187,742 | |
Galaxy Finco Ltd., 9.25%, 7/31/27(4) | GBP | 300 | 357,514 |
Jones Deslauriers Insurance Management, Inc., 10.50%, 12/15/30(3) | 243 | 256,267 | |
Liberty Mutual Group, Inc., 4.125% to 9/15/26, 12/15/51(3)(7) | 216 | 189,672 | |
Prudential Financial, Inc., 5.125% to 11/28/31, 3/1/52(7) | 60 | 56,088 | |
QBE Insurance Group Ltd., 5.875% to 5/12/25(3)(6)(7) | 222 | 219,120 | |
$ 1,637,847 | |||
Internet — 0.1% | |||
Cars.com, Inc., 6.375%, 11/1/28(3) | 220 | $ 214,958 | |
$ 214,958 | |||
Internet & Direct Marketing Retail — 0.4% | |||
Arches Buyer, Inc.: | |||
4.25%, 6/1/28(3) | 82 | $ 73,406 | |
6.125%, 12/1/28(3) | 282 | 243,849 | |
Match Group Holdings II LLC, 3.625%, 10/1/31(3) | 273 | 233,609 | |
United Group BV: | |||
6.75%, 2/15/31(4)(10) | EUR | 125 | 134,665 |
8.147%, (3 mo. EURIBOR + 4.25%), 2/15/31(4)(8)(10) | EUR | 200 | 215,589 |
$ 901,118 |
8
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted)* | Value | |
Leisure Products — 0.6% | |||
Acushnet Co., 7.375%, 10/15/28(3) | 136 | $ 141,569 | |
Life Time, Inc.: | |||
5.75%, 1/15/26(3) | 199 | 196,877 | |
8.00%, 4/15/26(3) | 278 | 278,581 | |
Lindblad Expeditions Holdings, Inc., 9.00%, 5/15/28(3) | 91 | 94,636 | |
Lindblad Expeditions LLC, 6.75%, 2/15/27(3) | 44 | 43,649 | |
NCL Corp. Ltd.: | |||
3.625%, 12/15/24(3) | 54 | 52,958 | |
5.875%, 3/15/26(3) | 106 | 103,424 | |
5.875%, 2/15/27(3) | 67 | 66,055 | |
7.75%, 2/15/29(3) | 56 | 56,591 | |
NCL Finance Ltd., 6.125%, 3/15/28(3) | 136 | 130,154 | |
Royal Caribbean Cruises Ltd., 11.625%, 8/15/27(3) | 201 | 218,764 | |
Viking Cruises Ltd., 7.00%, 2/15/29(3) | 104 | 103,919 | |
Viking Ocean Cruises Ship VII Ltd., 5.625%, 2/15/29(3) | 66 | 64,319 | |
$ 1,551,496 | |||
Life Sciences Tools & Services — 0.1% | |||
WR Grace Holdings LLC: | |||
4.875%, 6/15/27(3) | 245 | $ 234,582 | |
7.375%, 3/1/31(3) | 73 | 74,439 | |
$ 309,021 | |||
Machinery — 0.4% | |||
Chart Industries, Inc., 9.50%, 1/1/31(3) | 140 | $ 149,438 | |
Husky Injection Molding Systems Ltd./Titan Co.-Borrower LLC, 9.00%, 2/15/29(3)(10) | 70 | 70,000 | |
IMA Industria Macchine Automatiche SpA, 3.75%, 1/15/28(4) | EUR | 236 | 246,215 |
Renk AG, 5.75%, 7/15/25(4) | EUR | 200 | 216,367 |
TK Elevator Holdco GmbH, 6.625%, 7/15/28(4) | EUR | 90 | 93,754 |
TK Elevator Midco GmbH, 8.692%, 7/15/27(4)(8) | EUR | 200 | 219,685 |
$ 995,459 | |||
Media — 2.1% | |||
Altice Financing SA, 5.00%, 1/15/28(3) | 280 | $ 251,799 | |
Altice France SA, 8.125%, 2/1/27(3) | 258 | 230,792 | |
Audacy Capital Corp., 6.75%, 3/31/29(3)(9) | 261 | 11,582 | |
CCO Holdings LLC/CCO Holdings Capital Corp.: | |||
4.25%, 2/1/31(3) | 338 | 286,018 | |
4.50%, 8/15/30(3) | 343 | 298,530 | |
4.75%, 3/1/30(3) | 322 | 286,362 | |
4.75%, 2/1/32(3) | 139 | 119,345 | |
5.375%, 6/1/29(3) | 110 | 102,362 | |
6.375%, 9/1/29(3) | 253 | 246,519 |
Security | Principal Amount (000's omitted)* | Value | |
Media (continued) | |||
Clear Channel Outdoor Holdings, Inc., 7.75%, 4/15/28(3) | 237 | $ 205,644 | |
CSC Holdings LLC, 11.75%, 1/31/29(3) | 200 | 203,271 | |
DISH Network Corp., 11.75%, 11/15/27(3) | 160 | 167,119 | |
LCPR Senior Secured Financing DAC, 5.125%, 7/15/29(3) | 205 | 180,562 | |
McGraw-Hill Education, Inc.: | |||
5.75%, 8/1/28(3) | 57 | 54,006 | |
8.00%, 8/1/29(3) | 212 | 196,793 | |
Outfront Media Capital LLC/Outfront Media Capital Corp.: | |||
4.25%, 1/15/29(3) | 145 | 129,409 | |
4.625%, 3/15/30(3) | 101 | 89,500 | |
7.375%, 2/15/31(3) | 176 | 184,505 | |
Summer (BC) Holdco A SARL, 9.25%, 10/31/27(4) | EUR | 129 | 135,166 |
Summer (BC) Holdco B SARL, 5.75%, 10/31/26(4) | EUR | 300 | 317,726 |
Summer BidCo BV, 10.00%, (10.00% cash or 10.75% PIK), 2/15/29(4)(5)(10) | EUR | 100 | 109,394 |
Townsquare Media, Inc., 6.875%, 2/1/26(3) | 170 | 166,526 | |
Univision Communications, Inc.: | |||
7.375%, 6/30/30(3) | 86 | 84,397 | |
8.00%, 8/15/28(3) | 57 | 58,039 | |
Virgin Media Vendor Financing Notes III DAC, 4.875%, 7/15/28(4) | GBP | 810 | 940,132 |
$ 5,055,498 | |||
Metals & Mining — 1.4% | |||
Allegheny Ludlum LLC, 6.95%, 12/15/25 | 200 | $ 203,985 | |
BWX Technologies, Inc.: | |||
4.125%, 6/30/28(3) | 159 | 149,424 | |
4.125%, 4/15/29(3) | 118 | 109,431 | |
Calderys Financing LLC, 11.25%, 6/1/28(3) | 287 | 305,418 | |
Cleveland-Cliffs, Inc., 6.75%, 3/15/26(3) | 460 | 461,734 | |
Eldorado Gold Corp., 6.25%, 9/1/29(3) | 251 | 239,653 | |
Freeport-McMoRan, Inc., 5.45%, 3/15/43 | 267 | 257,130 | |
Hudbay Minerals, Inc.: | |||
4.50%, 4/1/26(3) | 204 | 197,886 | |
6.125%, 4/1/29(3) | 96 | 94,888 | |
New Gold, Inc., 7.50%, 7/15/27(3) | 222 | 221,116 | |
Novelis Corp., 3.25%, 11/15/26(3) | 89 | 83,423 | |
Novelis Sheet Ingot GmbH, 3.375%, 4/15/29(4) | EUR | 400 | 405,007 |
Permian Resources Operating LLC, 5.375%, 1/15/26(3) | 225 | 222,233 | |
Roller Bearing Co. of America, Inc., 4.375%, 10/15/29(3) | 187 | 172,113 | |
TMS International Corp., 6.25%, 4/15/29(3) | 196 | 168,800 | |
$ 3,292,241 |
9
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted)* | Value | |
Oil, Gas & Consumable Fuels — 1.6% | |||
Aethon United BR LP/Aethon United Finance Corp., 8.25%, 2/15/26(3) | 555 | $ 550,560 | |
Civitas Resources, Inc., 8.625%, 11/1/30(3) | 135 | 144,078 | |
CrownRock LP/CrownRock Finance, Inc., 5.00%, 5/1/29(3) | 173 | 171,006 | |
CVR Energy, Inc., 5.75%, 2/15/28(3) | 76 | 70,270 | |
Endeavor Energy Resources LP/EER Finance, Inc., 5.75%, 1/30/28(3) | 170 | 169,336 | |
Kodiak Gas Services LLC, 7.25%, 2/15/29(3)(10) | 44 | 44,581 | |
Neptune Energy Bondco PLC, 6.625%, 5/15/25(3) | 200 | 198,668 | |
Parkland Corp.: | |||
4.50%, 10/1/29(3) | 110 | 101,256 | |
4.625%, 5/1/30(3) | 202 | 186,277 | |
Permian Resources Operating LLC: | |||
5.875%, 7/1/29(3) | 260 | 254,542 | |
7.00%, 1/15/32(3) | 147 | 151,862 | |
Plains All American Pipeline LP, Series B, 9.751%, (3 mo. SOFR + 4.372%)(6)(8) | 305 | 303,102 | |
Precision Drilling Corp.: | |||
6.875%, 1/15/29(3) | 152 | 149,657 | |
7.125%, 1/15/26(3) | 90 | 89,513 | |
Southwestern Energy Co., 4.75%, 2/1/32 | 285 | 264,201 | |
Sunoco LP/Sunoco Finance Corp., 4.50%, 4/30/30 | 226 | 209,100 | |
Transocean Poseidon Ltd., 6.875%, 2/1/27(3) | 136 | 135,863 | |
Transocean, Inc., 8.75%, 2/15/30(3) | 84 | 86,695 | |
Vital Energy, Inc., 9.75%, 10/15/30 | 125 | 132,880 | |
Wintershall Dea Finance 2 BV, Series NC5, 2.499% to 4/20/26(4)(6)(7) | EUR | 400 | 402,668 |
$ 3,816,115 | |||
Packaging & Containers — 0.3% | |||
Owens-Brockway Glass Container, Inc., 7.25%, 5/15/31(3) | 253 | $ 254,599 | |
Trivium Packaging Finance BV: | |||
7.752%, (3 mo. EURIBOR + 3.75%), 8/15/26(4)(8) | EUR | 200 | 217,280 |
8.50%, 8/15/27(3) | 200 | 195,371 | |
$ 667,250 | |||
Passenger Airlines — 0.2% | |||
American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.50%, 4/20/26(3) | 236 | $ 233,117 | |
United Airlines, Inc., 4.625%, 4/15/29(3) | 193 | 178,690 | |
$ 411,807 | |||
Pharmaceuticals — 0.8% | |||
Bayer AG, 5.375% to 6/25/30, 3/25/82(4)(7) | EUR | 200 | $ 204,844 |
Security | Principal Amount (000's omitted)* | Value | |
Pharmaceuticals (continued) | |||
BellRing Brands, Inc., 7.00%, 3/15/30(3) | 163 | $ 167,007 | |
Cheplapharm Arzneimittel GmbH, 8.752%, (3 mo. EURIBOR + 4.75%), 5/15/30(4)(8) | EUR | 300 | 329,965 |
Endo Dac/Endo Finance LLC/Endo Finco, Inc., 5.875%, 10/15/24(3)(9) | 200 | 131,953 | |
Endo Luxembourg Finance Co. I SARL/Endo U.S., Inc., 6.125%, 4/1/29(3)(9) | 171 | 112,435 | |
Gruenenthal GmbH, 3.625%, 11/15/26(4) | EUR | 220 | 234,068 |
Herbalife Nutrition Ltd./HLF Financing, Inc., 7.875%, 9/1/25(3) | 217 | 215,582 | |
Option Care Health, Inc., 4.375%, 10/31/29(3) | 163 | 148,908 | |
P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/25(3) | 187 | 152,823 | |
Perrigo Finance Unlimited Co., 4.65%, 6/15/30 | 400 | 366,726 | |
$ 2,064,311 | |||
Pipelines — 1.0% | |||
Antero Midstream Partners LP/Antero Midstream Finance Corp.: | |||
5.75%, 3/1/27(3) | 102 | $ 101,323 | |
7.875%, 5/15/26(3) | 109 | 111,607 | |
Cheniere Energy Partners LP, 4.00%, 3/1/31 | 138 | 125,309 | |
DT Midstream, Inc., 4.125%, 6/15/29(3) | 172 | 158,186 | |
Enbridge, Inc., Series NC5, 8.25% to 10/15/28, 1/15/84(7) | 200 | 207,518 | |
Energy Transfer LP, 5.00%, 5/15/50 | 136 | 121,241 | |
EQM Midstream Partners LP: | |||
4.50%, 1/15/29(3) | 364 | 342,749 | |
6.00%, 7/1/25(3) | 43 | 42,939 | |
6.50%, 7/1/27(3) | 116 | 117,499 | |
7.50%, 6/1/30(3) | 126 | 135,230 | |
Global Partners LP/GLP Finance Corp., 8.25%, 1/15/32(3) | 85 | 87,254 | |
Kinetik Holdings LP, 5.875%, 6/15/30(3) | 237 | 232,980 | |
Venture Global LNG, Inc.: | |||
8.125%, 6/1/28(3) | 139 | 140,577 | |
8.375%, 6/1/31(3) | 222 | 224,327 | |
9.50%, 2/1/29(3) | 193 | 205,094 | |
9.875%, 2/1/32(3) | 184 | 193,614 | |
$ 2,547,447 | |||
Real Estate Investment Trusts (REITs) — 0.4% | |||
Greystar Real Estate Partners LLC, 7.75%, 9/1/30(3) | 242 | $ 254,545 | |
HAT Holdings I LLC/HAT Holdings II LLC, 3.75%, 9/15/30(3) | 266 | 220,037 |
10
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted)* | Value | |
Real Estate Investment Trusts (REITs) (continued) | |||
Heimstaden Bostad AB: | |||
3.00% to 10/29/27(4)(6)(7) | EUR | 115 | $ 62,296 |
3.375% to 1/15/26(4)(6)(7) | EUR | 300 | 188,529 |
VICI Properties LP/VICI Note Co., Inc., 5.625%, 5/1/24(3) | 200 | 199,817 | |
$ 925,224 | |||
Real Estate Management & Development — 0.2% | |||
Cushman & Wakefield U.S. Borrower LLC: | |||
6.75%, 5/15/28(3) | 87 | $ 85,866 | |
8.875%, 9/1/31(3) | 117 | 122,200 | |
Emeria SASU, 7.75%, 3/31/28(4) | EUR | 340 | 354,467 |
$ 562,533 | |||
Retail — 0.3% | |||
B&M European Value Retail SA, 8.125%, 11/15/30(4) | GBP | 125 | $ 168,741 |
NMG Holding Co., Inc./Neiman Marcus Group LLC, 7.125%, 4/1/26(3) | 33 | 32,216 | |
PEU (Fin) PLC, 7.25%, 7/1/28(4) | EUR | 200 | 224,180 |
Raising Cane's Restaurants LLC, 9.375%, 5/1/29(3) | 229 | 245,662 | |
$ 670,799 | |||
Semiconductors & Semiconductor Equipment — 0.3% | |||
ams-OSRAM AG, 10.50%, 3/30/29(4) | EUR | 425 | $ 497,564 |
ON Semiconductor Corp., 3.875%, 9/1/28(3) | 185 | 169,213 | |
$ 666,777 | |||
Software — 0.6% | |||
athenahealth Group, Inc., 6.50%, 2/15/30(3) | 306 | $ 273,662 | |
Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc., 8.00%, 6/15/29(3) | 134 | 137,652 | |
Clarivate Science Holdings Corp., 4.875%, 7/1/29(3) | 329 | 307,415 | |
Cloud Software Group, Inc.: | |||
6.50%, 3/31/29(3) | 122 | 114,007 | |
9.00%, 9/30/29(3) | 239 | 226,417 | |
Fair Isaac Corp., 4.00%, 6/15/28(3) | 165 | 153,793 | |
Open Text Corp., 3.875%, 2/15/28(3) | 37 | 34,399 | |
Open Text Holdings, Inc., 4.125%, 2/15/30(3) | 37 | 33,520 | |
Playtika Holding Corp., 4.25%, 3/15/29(3) | 303 | 260,442 | |
$ 1,541,307 | |||
Specialty Retail — 2.5% | |||
Arko Corp., 5.125%, 11/15/29(3) | 247 | $ 217,901 | |
Asbury Automotive Group, Inc.: | |||
4.625%, 11/15/29(3) | 27 | 24,900 |
Security | Principal Amount (000's omitted)* | Value | |
Specialty Retail (continued) | |||
Asbury Automotive Group, Inc.: (continued) | |||
4.75%, 3/1/30 | 228 | $ 211,164 | |
5.00%, 2/15/32(3) | 28 | 25,327 | |
Bath & Body Works, Inc.: | |||
6.625%, 10/1/30(3) | 45 | 45,634 | |
6.75%, 7/1/36 | 80 | 78,888 | |
6.95%, 3/1/33 | 168 | 165,436 | |
9.375%, 7/1/25(3) | 31 | 32,374 | |
Bausch & Lomb Escrow Corp., 8.375%, 10/1/28(3) | 210 | 218,152 | |
Dave & Buster's, Inc., 7.625%, 11/1/25(3) | 457 | 462,596 | |
Dufry One BV, 3.375%, 4/15/28(4) | EUR | 479 | 496,626 |
Evergreen AcqCo 1 LP/TVI, Inc., 9.75%, 4/26/28(3) | 273 | 293,399 | |
Ferrellgas LP/Ferrellgas Finance Corp., 5.875%, 4/1/29(3) | 246 | 241,273 | |
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc., 4.625%, 1/15/29(3) | 100 | 91,578 | |
Group 1 Automotive, Inc., 4.00%, 8/15/28(3) | 203 | 187,310 | |
IRB Holding Corp., 7.00%, 6/15/25(3) | 98 | 97,490 | |
Ken Garff Automotive LLC, 4.875%, 9/15/28(3) | 155 | 145,066 | |
LCM Investments Holdings II LLC: | |||
4.875%, 5/1/29(3) | 257 | 231,915 | |
8.25%, 8/1/31(3) | 32 | 32,867 | |
Lithia Motors, Inc., 3.875%, 6/1/29(3) | 86 | 77,264 | |
Midco GB SASU, 7.75%, (7.75% cash or 8.50% PIK), 11/1/27(4)(5) | EUR | 285 | 311,075 |
Patrick Industries, Inc.: | |||
4.75%, 5/1/29(3) | 217 | 200,151 | |
7.50%, 10/15/27(3) | 30 | 30,176 | |
PetSmart, Inc./PetSmart Finance Corp.: | |||
4.75%, 2/15/28(3) | 250 | 233,752 | |
7.75%, 2/15/29(3) | 264 | 255,405 | |
Punch Finance PLC, 6.125%, 6/30/26(4) | GBP | 340 | 416,613 |
Sonic Automotive, Inc.: | |||
4.625%, 11/15/29(3) | 172 | 155,954 | |
4.875%, 11/15/31(3) | 143 | 124,259 | |
SRS Distribution, Inc., 6.00%, 12/1/29(3) | 244 | 228,363 | |
Suburban Propane Partners LP/Suburban Energy Finance Corp., 5.00%, 6/1/31(3) | 135 | 121,452 | |
Superior Plus LP/Superior General Partner, Inc., 4.50%, 3/15/29(3) | 233 | 211,380 | |
White Cap Buyer LLC, 6.875%, 10/15/28(3) | 312 | 305,652 | |
Yum! Brands, Inc., 3.625%, 3/15/31 | 147 | 129,855 | |
$ 6,101,247 |
11
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted)* | Value | |
Technology Hardware, Storage & Peripherals — 0.6% | |||
Booz Allen Hamilton, Inc., 4.00%, 7/1/29(3) | 97 | $ 90,958 | |
McAfee Corp., 7.375%, 2/15/30(3) | 293 | 265,838 | |
NCR Voyix Corp.: | |||
5.125%, 4/15/29(3) | 116 | 108,638 | |
5.25%, 10/1/30(3) | 104 | 95,788 | |
Presidio Holdings, Inc., 8.25%, 2/1/28(3) | 296 | 293,885 | |
Science Applications International Corp., 4.875%, 4/1/28(3) | 260 | 245,643 | |
Seagate HDD Cayman: | |||
4.091%, 6/1/29 | 52 | 47,971 | |
9.625%, 12/1/32 | 248 | 285,593 | |
$ 1,434,314 | |||
Telecommunications — 0.9% | |||
Ciena Corp., 4.00%, 1/31/30(3) | 117 | $ 107,894 | |
Connect Finco SARL/Connect U.S. Finco LLC, 6.75%, 10/1/26(3) | 421 | 411,768 | |
Rogers Communications, Inc., 5.25% to 3/15/27, 3/15/82(3)(7) | 125 | 119,351 | |
Telecom Italia Finance SA, 7.75%, 1/24/33 | EUR | 60 | 75,767 |
Telecom Italia SpA: | |||
6.875%, 2/15/28(4) | EUR | 100 | 115,323 |
7.875%, 7/31/28(4) | EUR | 300 | 357,968 |
Telefonica Europe BV, 7.125% to 8/23/28(4)(6)(7) | EUR | 200 | 235,058 |
Vodafone Group PLC: | |||
2.625% to 5/27/26, 8/27/80(4)(7) | EUR | 220 | 227,114 |
4.875% to 7/3/25, 10/3/78(4)(7) | GBP | 215 | 266,210 |
Wp/ap Telecom Holdings III BV, 5.50%, 1/15/30(4) | EUR | 259 | 256,425 |
$ 2,172,878 | |||
Transportation — 0.3% | |||
Cargo Aircraft Management, Inc., 4.75%, 2/1/28(3) | 249 | $ 227,514 | |
Seaspan Corp., 5.50%, 8/1/29(3) | 264 | 224,954 | |
Watco Cos. LLC/Watco Finance Corp., 6.50%, 6/15/27(3) | 214 | 212,884 | |
$ 665,352 | |||
Wireless Telecommunication Services — 0.1% | |||
Iliad Holding SASU, 6.50%, 10/15/26(3) | 258 | $ 253,081 | |
$ 253,081 | |||
Total Corporate Bonds (identified cost $91,598,521) | $ 87,796,931 |
Exchange-Traded Funds — 0.1% |
Security | Shares | Value | |
Equity Funds — 0.1% | |||
iShares Preferred & Income Securities ETF | 9,970 | $ 320,327 | |
Total Exchange-Traded Funds (identified cost $320,327) | $ 320,327 |
Preferred Stocks — 0.5% |
Security | Shares | Value | |
Banks — 0.0%(2) | |||
Farm Credit Bank of Texas, 9.656%(3)(8) | 669 | $ 67,820 | |
$ 67,820 | |||
Capital Markets — 0.1% | |||
Affiliated Managers Group, Inc., 4.75% | 5,486 | $ 105,112 | |
$ 105,112 | |||
Electric Utilities — 0.1% | |||
Brookfield BRP Holdings Canada, Inc., 4.625% | 7,000 | $ 108,780 | |
SCE Trust III, Series H, 5.75% to 3/15/24(7) | 4,892 | 121,909 | |
SCE Trust IV, Series J, 5.375% to 9/15/25(7) | 651 | 14,862 | |
$ 245,551 | |||
Insurance — 0.1% | |||
American Equity Investment Life Holding Co., Series B, 6.625% to 9/1/25(7) | 3,460 | $ 87,157 | |
Athene Holding Ltd., Series C, 6.375% to 6/30/25(7) | 3,208 | 80,008 | |
$ 167,165 | |||
Oil, Gas & Consumable Fuels — 0.0%(2) | |||
NuStar Energy LP, Series B, 11.282%, (3 mo. SOFR + 5.905%)(8) | 1,731 | $ 44,487 | |
$ 44,487 | |||
Real Estate Management & Development — 0.0%(2) | |||
Brookfield Property Partners LP: | |||
Series A, 5.75% | 5,849 | $ 67,790 | |
Series A2, 6.375% | 2,627 | 33,363 | |
$ 101,153 | |||
Trading Companies & Distributors — 0.1% | |||
WESCO International, Inc., Series A, 10.625% to 6/22/25(7) | 8,139 | $ 218,206 | |
$ 218,206 |
12
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Wireless Telecommunication Services — 0.1% | |||
U.S. Cellular Corp., 5.50% | 6,991 | $ 129,403 | |
$ 129,403 | |||
Total Preferred Stocks (identified cost $1,312,775) | $ 1,078,897 |
Senior Floating-Rate Loans — 1.3%(11) |
Borrower/Description | Principal Amount (000's omitted) | Value | |
Airlines — 0.2% | |||
Air Canada, Term Loan, 9.139%, (SOFR + 3.50%), 8/11/28 | $ | 201 | $ 201,424 |
Mileage Plus Holdings LLC, Term Loan, 10.77%, (SOFR + 5.25%), 6/21/27 | 298 | 307,833 | |
$ 509,257 | |||
Apparel & Luxury Goods — 0.1% | |||
ABG Intermediate Holdings 2 LLC, Term Loan, 8.933%, (SOFR + 3.50%), 12/21/28 | $ | 152 | $ 152,978 |
$ 152,978 | |||
Auto Components — 0.1% | |||
Clarios Global LP, Term Loan, 8.333%, (SOFR + 3.00%), 5/6/30 | $ | 99 | $ 99,155 |
DexKo Global, Inc., Term Loan, 9.598%, (SOFR + 4.25%), 10/4/28 | 93 | 93,035 | |
$ 192,190 | |||
Distributors — 0.1% | |||
Parts Europe SA, Term Loan, 2/3/31(12) | $ | 207 | $ 224,485 |
$ 224,485 | |||
Health Care Equipment & Supplies — 0.0%(2) | |||
Bausch & Lomb Corp., Term Loan, 8.683%, (SOFR + 3.25%), 5/10/27 | $ | 118 | $ 115,331 |
$ 115,331 | |||
Health Care Providers & Services — 0.1% | |||
Pluto Acquisition I, Inc., Term Loan, 9.65%, (SOFR + 4.00%), 6/22/26 | $ | 326 | $ 265,689 |
$ 265,689 |
Borrower/Description | Principal Amount (000's omitted) | Value | |
Health Care Technology — 0.1% | |||
Verscend Holding Corp., Term Loan, 9.447%, (SOFR + 4.00%), 8/27/25 | $ | 289 | $ 289,966 |
$ 289,966 | |||
Hotels, Restaurants & Leisure — 0.1% | |||
IRB Holding Corp., Term Loan, 12/15/27(12) | $ | 165 | $ 164,936 |
Spectacle Gary Holdings LLC, Term Loan, 9.748%, (SOFR + 4.25%), 12/11/28 | 178 | 175,166 | |
$ 340,102 | |||
IT Services — 0.1% | |||
Travelport Finance (Luxembourg) SARL, Term Loan, 13.61%, (SOFR + 7.00%), 9/30/28 | $ | 218 | $ 208,542 |
$ 208,542 | |||
Leisure Products — 0.1% | |||
Peloton Interactive, Inc., Term Loan, 12.477%, (SOFR + 7.00%), 5/25/27 | $ | 138 | $ 139,509 |
$ 139,509 | |||
Machinery — 0.0%(2) | |||
EMRLD Borrower LP, Term Loan, 8.313%, (SOFR + 3.00%), 5/31/30 | $ | 55 | $ 55,052 |
$ 55,052 | |||
Professional Services — 0.1% | |||
AlixPartners LLP, Term Loan, 8.197%, (SOFR + 2.75%), 2/4/28 | $ | 164 | $ 163,636 |
$ 163,636 | |||
Software — 0.0%(2) | |||
GoTo Group, Inc., Term Loan, 10.183%, (SOFR + 4.75%), 8/31/27 | $ | 0 | $ 48 |
Riverbed Technology, Inc., Term Loan, 9.85%, (SOFR + 4.50%), 7.85% cash, 2.00% PIK, 7/1/28 | 56 | 38,450 | |
$ 38,498 | |||
Specialty Retail — 0.2% | |||
Mavis Tire Express Services Corp., Term Loan, 9.083%, (SOFR + 3.75%), 5/4/28 | $ | 140 | $ 140,280 |
PetSmart, Inc., Term Loan, 9.183%, (SOFR + 3.75%), 2/11/28 | 377 | 376,107 | |
$ 516,387 | |||
Total Senior Floating-Rate Loans (identified cost $3,246,964) | $ 3,211,622 |
13
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Miscellaneous — 0.0%(2) |
Security | Principal Amount/ Shares | Value | |
Diversified Financial Services — 0.0% | |||
Alpha Holding SA, Escrow Certificates(1)(13) | 400,000 | $ 0 | |
$ 0 | |||
Entertainment — 0.0% | |||
National CineMedia, Inc., Escrow Certificates(1)(13) | $ | 189,000 | $ 0 |
$ 0 | |||
Transportation — 0.0%(2) | |||
Hertz Corp., Escrow Certificates(1) | $ | 58,000 | $ 5,510 |
Hertz Corp., Escrow Certificates(1) | $ | 167,000 | 4,175 |
Hertz Corp., Escrow Certificates(1) | $ | 110,000 | 2,750 |
$ 12,435 | |||
Total Miscellaneous (identified cost $169,591) | $ 12,435 |
Short-Term Investments — 1.0% |
Security | Shares | Value | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 5.21%(14) | 2,509,598 | $ 2,509,598 | |
Total Short-Term Investments (identified cost $2,509,598) | $ 2,509,598 | ||
Total Investments — 99.8% (identified cost $188,337,090) | $242,249,681 | ||
Other Assets, Less Liabilities — 0.2% | $ 384,911 | ||
Net Assets — 100.0% | $242,634,592 |
The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | |
* | In U.S. dollars unless otherwise indicated. |
(1) | Non-income producing security. |
(2) | Amount is less than 0.05%. |
(3) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At January 31, 2024, the aggregate value of these securities is $55,121,909 or 22.7% of the Fund's net assets. |
(4) | Security exempt from registration under Regulation S of the Securities Act of 1933, as amended, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933, as amended. At January 31, 2024, the aggregate value of these securities is $22,316,246 or 9.2% of the Fund's net assets. |
(5) | Represents a payment-in-kind security which may pay interest in additional principal at the issuer’s discretion. |
(6) | Perpetual security with no stated maturity date but may be subject to calls by the issuer. |
(7) | Security converts to variable rate after the indicated fixed-rate coupon period. |
(8) | Variable rate security. The stated interest rate represents the rate in effect at January 31, 2024. |
(9) | Issuer is in default with respect to interest and/or principal payments. |
(10) | When-issued security. |
(11) | Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate (“SOFR”) (or the London Interbank Offered Rate (“LIBOR”) for those loans whose rates reset prior to the discontinuance of LIBOR on June 30, 2023) and secondarily, the prime rate offered by one or more major United States banks (the “Prime Rate”). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold. |
(12) | This Senior Loan will settle after January 31, 2024, at which time the interest rate will be determined. |
(13) | For fair value measurement disclosure purposes, security is categorized as Level 3. |
(14) | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of January 31, 2024. |
14
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Country Concentration of Portfolio | ||
Country | Percentage of Total Investments | Value |
United States | 62.3% | $150,835,838 |
United Kingdom | 7.6 | 18,411,468 |
France | 3.9 | 9,453,906 |
Germany | 3.1 | 7,402,710 |
Netherlands | 2.7 | 6,607,833 |
Spain | 2.6 | 6,347,222 |
Sweden | 2.6 | 6,260,761 |
Canada | 2.4 | 5,849,067 |
Denmark | 2.3 | 5,517,244 |
Japan | 1.9 | 4,586,630 |
Switzerland | 1.3 | 3,083,591 |
Italy | 1.2 | 3,012,110 |
Luxembourg | 1.1 | 2,791,526 |
Hong Kong | 0.7 | 1,637,146 |
Taiwan | 0.7 | 1,603,241 |
Australia | 0.6 | 1,567,495 |
Bermuda | 0.5 | 1,131,107 |
India | 0.4 | 876,243 |
United Arab Emirates | 0.3 | 743,419 |
Finland | 0.3 | 740,985 |
Belgium | 0.2 | 578,800 |
Austria | 0.2 | 497,564 |
South Africa | 0.2 | 493,297 |
Czech Republic | 0.2 | 457,979 |
Slovenia | 0.1 | 350,254 |
Poland | 0.1 | 275,300 |
Turkey | 0.1 | 239,653 |
Mexico | 0.1 | 198,203 |
China | 0.1 | 198,200 |
Ireland | 0.1 | 180,562 |
Exchange-Traded Funds | 0.1 | 320,327 |
Total Investments | 100.0% | $242,249,681 |
Forward Foreign Currency Exchange Contracts (OTC) | |||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation | Unrealized (Depreciation) | ||
EUR | 93,986 | USD | 101,919 | Bank of America, N.A. | 2/5/24 | $ — | $ (336) |
EUR | 331,014 | USD | 358,925 | JPMorgan Chase Bank, N.A. | 2/5/24 | — | (1,154) |
$— | $(1,490) |
15
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Futures Contracts | |||||
Description | Number of Contracts | Position | Expiration Date | Notional Amount | Value/Unrealized Appreciation (Depreciation) |
Equity Futures | |||||
E-Mini S&P 500 Index | 25 | Long | 3/15/24 | $ 6,088,125 | $ 16,108 |
STOXX Europe 600 Index | (229) | Short | 3/15/24 | (6,023,672) | (58,481) |
$(42,373) |
Abbreviations: | |
ADR | – American Depositary Receipt |
EURIBOR | – Euro Interbank Offered Rate |
OTC | – Over-the-counter |
PFC Shares | – Preference Shares |
PIK | – Payment In Kind |
REITs | – Real Estate Investment Trusts |
SOFR | – Secured Overnight Financing Rate |
Currency Abbreviations: | |
EUR | – Euro |
GBP | – British Pound Sterling |
USD | – United States Dollar |
At January 31, 2024, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.
In the normal course of pursuing its investment objective, the Fund is subject to the following risks:
Equity Price Risk: The Fund enters into equity futures contracts on securities indices to gain or limit exposure to certain markets, particularly in connection with engaging in the dividend capture trading strategy.
Foreign Exchange Risk: Because the Fund holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Fund enters into forward foreign currency exchange contracts.
Affiliated Investments
At January 31, 2024, the value of the Fund's investment in funds that may be deemed to be affiliated was $2,509,598, which represents 1.0% of the Fund's net assets. Transactions in such investments by the Fund for the fiscal year to date ended January 31, 2024 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 |
Short-Term Investments | ||||||||
Liquidity Fund, Institutional Class(1) | $1,761,122 | $13,641,278 | $(12,892,802) | $ — | $ — | $2,509,598 | $22,910 | 2,509,598 |
(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) |
16
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
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 January 31, 2024, the hierarchy of inputs used in valuing the Fund’s investments and open derivative instruments, which are carried at fair value, were as follows:
Asset Description | Level 1 | Level 2 | Level 3* | Total |
Common Stocks: | ||||
Communication Services | $ 7,375,683 | $ 1,523,964 | $ — | $ 8,899,647 |
Consumer Discretionary | 8,743,904 | 6,020,349 | — | 14,764,253 |
Consumer Staples | 1,889,049 | 5,805,439 | — | 7,694,488 |
Energy | 6,309,368 | 557,532 | — | 6,866,900 |
Financials | 10,513,483 | 9,050,798 | — | 19,564,281 |
Health Care | 14,632,300 | 13,108,386 | — | 27,740,686 |
Industrials | 7,252,683 | 12,769,977 | — | 20,022,660 |
Information Technology | 25,961,948 | 7,269,972 | 0 | 33,231,920 |
Materials | — | 3,935,615 | — | 3,935,615 |
Real Estate | 644,115 | — | — | 644,115 |
Utilities | 1,124,813 | 2,121,760 | — | 3,246,573 |
Total Common Stocks | $84,447,346 | $62,163,792** | $ 0 | $146,611,138 |
Convertible Bonds | $ — | $ 708,733 | $ 0 | $ 708,733 |
Corporate Bonds | — | 87,796,931 | — | 87,796,931 |
Exchange-Traded Funds | 320,327 | — | — | 320,327 |
Preferred Stocks: | ||||
Communication Services | 129,403 | — | — | 129,403 |
Energy | 44,487 | — | — | 44,487 |
Financials | 272,277 | 67,820 | — | 340,097 |
Industrials | 218,206 | — | — | 218,206 |
Real Estate | 101,153 | — | — | 101,153 |
Utilities | 245,551 | — | — | 245,551 |
Total Preferred Stocks | $ 1,011,077 | $ 67,820 | $ — | $ 1,078,897 |
Senior Floating-Rate Loans | $ — | $ 3,211,622 | $ — | $ 3,211,622 |
Miscellaneous | — | 12,435 | 0 | 12,435 |
Short-Term Investments | 2,509,598 | — | — | 2,509,598 |
Total Investments | $88,288,348 | $153,961,333 | $ 0 | $242,249,681 |
Futures Contracts | $ 16,108 | $ — | $ — | $ 16,108 |
Total | $88,304,456 | $153,961,333 | $ 0 | $242,265,789 |
Liability Description | ||||
Forward Foreign Currency Exchange Contracts | $ — | $ (1,490) | $ — | $ (1,490) |
17
Eaton Vance
Global Income Builder Fund
January 31, 2024
Portfolio of Investments (Unaudited) — continued
Liability Description (continued) | Level 1 | Level 2 | Level 3 | Total |
Futures Contracts | $ (58,481) | $ — | $ — | $ (58,481) |
Total | $ (58,481) | $ (1,490) | $ — | $ (59,971) |
* | None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund. |
** | Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets. |
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the fiscal year to date ended January 31, 2024 is not presented.
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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