Eaton Vance Series Trust Ii NPORT-P Eaton Vance Income Fund of Boston (Jan 2021 report)

Eaton Vance

Income Fund of Boston

January 31, 2021

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 0.7%

Security	Shares		Value
Broadcasting — 0.1%
iHeartMedia, Inc., Class A(1)(2)		177,636	$	2,582,827
			$	2,582,827
Consumer Products — 0.0%(3)
HF Holdings, Inc.(1)(4)(5)		3,400	$	194,208
			$	194,208
Diversified Media — 0.0%(3)
Clear Channel Outdoor Holdings, Inc.(1)(2)		139,418	$	277,442
			$	277,442
Energy — 0.3%
Ascent CNR Corp., Class A(1)(4)(5)		32,029,863	$	6,726,271
EP Energy Corp.(1)		56,990		2,450,570
Extraction Oil & Gas, Inc.(1)		394,075		11,034,106
Extraction Oil & Gas, Inc.(1)(4)(5)		18,798		522,844
Nine Point Energy Holdings, Inc.(1)(4)(5)		157,059		0
			$	20,733,791
Environmental — 0.1%
GFL Environmental, Inc.		300,300	$	8,495,487
			$	8,495,487
Gaming — 0.0%
New Cotai Participation Corp., Class B(1)(4)(5)		36	$	0
			$	0
Homebuilders & Real Estate — 0.2%
VICI Properties, Inc.		524,000	$	13,246,720
			$	13,246,720
Total Common Stocks (identified cost $54,661,405)			$	45,530,475

1

Convertible Bonds — 0.2%

Security	Principal Amount (000’s omitted)		Value
Air Transportation — 0.2%
Air Transport Services Group, Inc., 1.125%, 10/15/24	$	10,485	$	11,096,911
			$	11,096,911
Leisure — 0.0%(3)
Royal Caribbean Cruises, Ltd., 4.25%, 6/15/23(6)	$	1,533	$	1,869,652
			$	1,869,652
Total Convertible Bonds (identified cost $11,751,787)			$	12,966,563
Convertible Preferred Stocks — 0.4%
Security	Shares		Value
Energy — 0.0%
Nine Point Energy Holdings, Inc., Series A, 12.00% (PIK)(1)(4)(5)		2,928	$	0
			$	0
Environmental — 0.2%
GFL Environmental, Inc., 6.00%		253,066	$	17,266,693
			$	17,266,693
Healthcare — 0.2%
Becton Dickinson and Co., Series B, 6.00%		213,119	$	11,994,338
			$	11,994,338
Total Convertible Preferred Stocks (identified cost $27,424,233)			$	29,261,031
Corporate Bonds & Notes — 90.4%
Security	Principal Amount* (000’s omitted)		Value
Aerospace — 2.9%
Bombardier, Inc., 6.00%, 10/15/22(6)		12,224	$	12,155,240
Bombardier, Inc., 6.125%, 1/15/23(6)		16,066		16,149,543
Bombardier, Inc., 7.875%, 4/15/27(6)		4,305		3,980,834
BWX Technologies, Inc., 4.125%, 6/30/28(6)		8,345		8,746,603

2

Security	Principal Amount* (000’s omitted)			Value
BWX Technologies, Inc., 5.375%, 7/15/26(6)		10,495		$	10,890,557
Howmet Aerospace, Inc., 6.875%, 5/1/25		10,980			12,805,425
Moog, Inc., 4.25%, 12/15/27(6)		10,223			10,619,141
Rolls-Royce PLC, 5.75%, 10/15/27(6)		17,617			18,872,211
Science Applications International Corp., 4.875%, 4/1/28(6)		5,020			5,292,184
Spirit AeroSystems, Inc., 7.50%, 4/15/25(6)		19,026			20,445,149
TransDigm UK Holdings PLC, 6.875%, 5/15/26		5,020			5,304,115
TransDigm, Inc., 4.625%, 1/15/29(6)		11,770			11,703,853
TransDigm, Inc., 5.50%, 11/15/27		15,419			15,846,106
TransDigm, Inc., 6.25%, 3/15/26(6)		16,947			17,946,110
TransDigm, Inc., 6.375%, 6/15/26		9,600			9,930,000
TransDigm, Inc., 6.50%, 5/15/25		7,070	��		7,260,006
TransDigm, Inc., 7.50%, 3/15/27		7,253			7,772,968
				$	195,720,045
Air Transportation — 0.6%
Delta Air Lines, Inc., 7.375%, 1/15/26		6,053		$	6,958,179
Delta Air Lines, Inc./SkyMiles IP, Ltd., 4.50%, 10/20/25(6)		6,480			6,926,961
Delta Air Lines, Inc./SkyMiles IP, Ltd., 4.75%, 10/20/28(6)		6,503			7,210,205
Mileage Plus Holdings, LLC/Mileage Plus Intellectual Property Assets, Ltd., 6.50%, 6/20/27(6)		21,441			23,477,895
				$	44,573,240
Automotive & Auto Parts — 4.7%
Clarios Global, L.P., 6.75%, 5/15/25(6)		4,047		$	4,317,663
Clarios Global, L.P./Clarios US Finance Co., 4.375%, 5/15/26(7)	EUR	23,368			29,335,336
Clarios Global, L.P./Clarios US Finance Co., 6.25%, 5/15/26(6)		8,013			8,537,210
Clarios Global, L.P./Clarios US Finance Co., 8.50%, 5/15/27(6)		24,419			25,900,012
Ford Motor Co., 4.75%, 1/15/43		19,531			19,737,132
Ford Motor Co., 7.45%, 7/16/31		11,225			14,360,984
Ford Motor Co., 8.50%, 4/21/23		19,419			21,783,263
Ford Motor Co., 9.00%, 4/22/25		23,301			28,428,036
Ford Motor Co., 9.625%, 4/22/30		9,753			13,837,494
Ford Motor Credit Co., LLC, 1.456%, (3 mo. USD LIBOR + 1.24%), 2/15/23(8)		2,470			2,405,885
Ford Motor Credit Co., LLC, 1.521%, (3 mo. USD LIBOR + 1.27%), 3/28/22(8)		1,590			1,580,242
Ford Motor Credit Co., LLC, 2.979%, 8/3/22		408			413,100
Ford Motor Credit Co., LLC, 3.087%, 1/9/23		3,749			3,797,456
Ford Motor Credit Co., LLC, 3.339%, 3/28/22		3,932			3,988,149
Ford Motor Credit Co., LLC, 3.37%, 11/17/23		9,445			9,622,755
Ford Motor Credit Co., LLC, 3.813%, 10/12/21		3,958			4,017,984
Ford Motor Credit Co., LLC, 3.815%, 11/2/27		19,720			20,317,516
Ford Motor Credit Co., LLC, 4.00%, 11/13/30		9,839			10,097,274
Ford Motor Credit Co., LLC, 4.125%, 8/17/27		35,978			37,911,818
Ford Motor Credit Co., LLC, 4.25%, 9/20/22		3,814			3,944,248
Ford Motor Credit Co., LLC, 4.271%, 1/9/27		4,368			4,610,970
Ford Motor Credit Co., LLC, 4.375%, 8/6/23		2,493			2,602,592
Ford Motor Credit Co., LLC, 5.113%, 5/3/29		5,476			6,033,936
Ford Motor Credit Co., LLC, 5.125%, 6/16/25		9,083			9,875,492
Ford Motor Credit Co., LLC, 5.584%, 3/18/24		1,976			2,137,795
Ford Motor Credit Co., LLC, 5.596%, 1/7/22		8,549			8,826,843
Navistar International Corp., 9.50%, 5/1/25(6)		4,680			5,218,340
Real Hero Merger Sub 2, Inc., 6.25%, 2/1/29(6)		14,912			15,326,181
				$	318,965,706

3

Security	Principal Amount* (000’s omitted)		Value
Banking & Thrifts — 0.6%
CIT Bank, N.A., 2.969% to 9/27/24, 9/27/25(9)		5,000	$	5,309,375
CIT Group, Inc., 4.125%, 3/9/21		6,872		6,878,872
CIT Group, Inc., 6.125%, 3/9/28		4,300		5,358,058
JPMorgan Chase & Co., Series HH, 4.60% to 2/1/25(9)(10)		12,584		12,964,666
JPMorgan Chase & Co., Series S, 6.75% to 2/1/24(9)(10)		9,210		10,358,401
			$	40,869,372
Broadcasting — 2.9%
Beasley Mezzanine Holdings, LLC, 8.625%, 2/1/26(6)(11)		4,281	$	4,313,108
Diamond Sports Group, LLC/Diamond Sports Finance Co., 5.375%, 8/15/26(6)		19,767		15,986,561
iHeartCommunications, Inc., 6.375%, 5/1/26		670		715,111
iHeartCommunications, Inc., 8.375%, 5/1/27		10,370		11,079,460
Lions Gate Capital Holdings, LLC, 5.875%, 11/1/24(6)		10,610		10,867,558
Netflix, Inc., 4.875%, 6/15/30(6)		13,181		16,039,629
Netflix, Inc., 5.375%, 11/15/29(6)		5,536		6,926,920
Netflix, Inc., 5.50%, 2/15/22		8,685		9,102,966
Netflix, Inc., 5.875%, 2/15/25		5,730		6,710,059
Netflix, Inc., 5.875%, 11/15/28		12,610		15,841,313
Nexstar Broadcasting, Inc., 5.625%, 7/15/27(6)		9,776		10,392,132
Scripps Escrow, Inc., 5.875%, 7/15/27(6)		7,671		8,004,305
Scripps Escrow II, Inc., 5.375%, 1/15/31(6)		7,490		7,578,944
Sirius XM Radio, Inc., 4.125%, 7/1/30(6)		19,958		20,589,471
Sirius XM Radio, Inc., 4.625%, 7/15/24(6)		11,738		12,151,295
Sirius XM Radio, Inc., 5.00%, 8/1/27(6)		16,487		17,352,567
TEGNA, Inc., 4.625%, 3/15/28(6)		2,813		2,853,057
TEGNA, Inc., 4.75%, 3/15/26(6)		4,164		4,419,045
TEGNA, Inc., 5.00%, 9/15/29		5,600		5,832,680
Townsquare Media, Inc., 6.875%, 2/1/26(6)		11,231		11,617,066
			$	198,373,247
Building Materials — 1.6%
Builders FirstSource, Inc., 5.00%, 3/1/30(6)		10,586	$	11,327,020
Builders FirstSource, Inc., 6.75%, 6/1/27(6)		16,753		18,051,358
Masonite International Corp., 5.375%, 2/1/28(6)		12,664		13,579,607
SRM Escrow Issuer, LLC, 6.00%, 11/1/28(6)		18,461		19,433,433
Standard Industries, Inc., 4.375%, 7/15/30(6)		10,136		10,772,389
Standard Industries, Inc., 4.75%, 1/15/28(6)		5,000		5,276,500
Standard Industries, Inc., 5.00%, 2/15/27(6)		3,894		4,061,929
WESCO Distribution, Inc., 7.125%, 6/15/25(6)		8,903		9,699,106
WESCO Distribution, Inc., 7.25%, 6/15/28(6)		7,946		8,937,422
White Cap Parent, LLC, 8.25%, (8.25% cash or 9.00% PIK), 3/15/26(6)(11)(12)		6,938		7,033,398
			$	108,172,162
Cable & Satellite TV — 4.7%
CCO Holdings, LLC/CCO Holdings Capital Corp., 4.25%, 2/1/31(6)		15,415	$	15,815,019
CCO Holdings, LLC/CCO Holdings Capital Corp., 4.50%, 8/15/30(6)		34,399		36,269,446
CCO Holdings, LLC/CCO Holdings Capital Corp., 4.50%, 5/1/32(6)		5,840		6,082,185
CCO Holdings, LLC/CCO Holdings Capital Corp., 4.75%, 3/1/30(6)		23,215		24,723,279
CCO Holdings, LLC/CCO Holdings Capital Corp., 5.375%, 6/1/29(6)		4,414		4,793,383
CCO Holdings, LLC/CCO Holdings Capital Corp., 5.75%, 2/15/26(6)		11,655		12,040,198

4

Security	Principal Amount* (000’s omitted)		Value
CSC Holdings, LLC, 3.375%, 2/15/31(6)		8,257	$	8,067,914
CSC Holdings, LLC, 4.125%, 12/1/30(6)		18,990		19,434,366
CSC Holdings, LLC, 4.625%, 12/1/30(6)		13,928		14,225,850
CSC Holdings, LLC, 5.50%, 5/15/26(6)		14,955		15,530,169
CSC Holdings, LLC, 5.75%, 1/15/30(6)		25,203		27,085,664
CSC Holdings, LLC, 5.875%, 9/15/22		15,715		16,589,147
CSC Holdings, LLC, 6.50%, 2/1/29(6)		3,831		4,270,339
CSC Holdings, LLC, 6.75%, 11/15/21		12,915		13,403,316
CSC Holdings, LLC, 7.50%, 4/1/28(6)		4,369		4,850,180
DISH DBS Corp., 5.875%, 7/15/22		9,745		10,144,545
DISH DBS Corp., 5.875%, 11/15/24		1,805		1,873,112
DISH DBS Corp., 6.75%, 6/1/21		2,662		2,705,391
Radiate Holdco, LLC/Radiate Finance, Inc., 6.50%, 9/15/28(6)		11,033		11,632,920
UPC Holding B.V., 5.50%, 1/15/28(6)		3,370		3,532,181
Virgin Media Finance PLC, 5.00%, 7/15/30(6)		8,222		8,475,073
Virgin Media Secured Finance PLC, 5.50%, 8/15/26(6)		10,359		10,831,629
Virgin Media Vendor Financing Notes III DAC, 4.875%, 7/15/28(7)	GBP	11,403		16,092,537
Virgin Media Vendor Financing Notes IV DAC, 5.00%, 7/15/28(6)		2,000		2,092,000
Ziggo B.V., 4.875%, 1/15/30(6)		6,012		6,312,480
Ziggo B.V., 5.50%, 1/15/27(6)		20,701		21,617,019
Ziggo Bond Co., B.V., 6.00%, 1/15/27(6)		3,310		3,473,431
			$	321,962,773
Capital Goods — 0.4%
Colfax Corp., 6.00%, 2/15/24(6)		3,378	$	3,496,230
Colfax Corp., 6.375%, 2/15/26(6)		5,532		5,935,974
Hillman Group, Inc. (The), 6.375%, 7/15/22(6)		18,632		18,613,089
			$	28,045,293
Chemicals — 1.6%
Compass Minerals International, Inc., 6.75%, 12/1/27(6)		25,050	$	26,908,459
Nufarm Australia, Ltd./Nufarm Americas, Inc., 5.75%, 4/30/26(6)		24,828		25,663,214
OCI N.V., 5.25%, 11/1/24(6)		4,571		4,731,739
SPCM S.A., 4.875%, 9/15/25(6)		12,913		13,316,531
Valvoline, Inc., 3.625%, 6/15/31(6)		7,931		7,970,655
Valvoline, Inc., 4.25%, 2/15/30(6)		11,891		12,443,932
W.R. Grace & Co., 4.875%, 6/15/27(6)		14,574		15,301,881
W.R. Grace & Co., 5.625%, 10/1/24(6)		2,500		2,722,138
			$	109,058,549
Consumer Products — 0.5%
Edgewell Personal Care Co., 5.50%, 6/1/28(6)		9,073	$	9,718,226
Energizer Holdings, Inc., 4.375%, 3/31/29(6)		6,740		6,901,760
Prestige Brands, Inc., 5.125%, 1/15/28(6)		8,916		9,498,215
Spectrum Brands, Inc., 5.00%, 10/1/29(6)		2,968		3,148,477
Spectrum Brands, Inc., 5.50%, 7/15/30(6)		6,121		6,591,552
			$	35,858,230

5

Security	Principal Amount* (000’s omitted)		Value
Containers — 0.9%
ARD Finance S.A., 5.00%, (5.00% cash or 5.75% PIK), 6/30/27(7)(12)	EUR	9,014	$	11,258,199
ARD Finance S.A., 6.50%, (6.50% cash or 7.25% PIK), 6/30/27(6)(12)		1,313		1,381,933
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 4.125%, 8/15/26(6)		5,255		5,425,787
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 5.25%, 8/15/27(6)		19,072		19,787,963
Crown Americas, LLC/Crown Americas Capital Corp. V, 4.25%, 9/30/26		4,555		4,946,958
Crown Americas, LLC/Crown Americas Capital Corp. VI, 4.75%, 2/1/26		5,205		5,413,460
Silgan Holdings, Inc., 2.25%, 6/1/28	EUR	6,781		8,353,931
Silgan Holdings, Inc., 4.125%, 2/1/28		2,000		2,080,000
Trivium Packaging Finance B.V., 5.50%, 8/15/26(6)		5,806		6,132,297
			$	64,780,528
Diversified Financial Services — 1.3%
AG Issuer, LLC, 6.25%, 3/1/28(6)		8,454	$	8,854,635
Cargo Aircraft Management, Inc., 4.75%, 2/1/28(6)		10,395		10,830,291
Icahn Enterprises, L.P./Icahn Enterprises Finance Corp., 5.25%, 5/15/27		12,293		12,938,628
Icahn Enterprises, L.P./Icahn Enterprises Finance Corp., 6.25%, 2/1/22		6,052		6,061,078
Icahn Enterprises, L.P./Icahn Enterprises Finance Corp., 6.25%, 5/15/26		11,803		12,498,528
Icahn Enterprises, L.P./Icahn Enterprises Finance Corp., 6.375%, 12/15/25		5,685		5,876,869
MSCI, Inc., 3.625%, 9/1/30(6)		3,903		4,148,772
MSCI, Inc., 3.875%, 2/15/31(6)		11,022		11,738,981
PRA Group, Inc., 7.375%, 9/1/25(6)		17,391		18,684,456
			$	91,632,238
Diversified Media — 2.0%
ANGI Group, LLC, 3.875%, 8/15/28(6)		4,095	$	4,087,322
Arches Buyer, Inc., 4.25%, 6/1/28(6)		12,701		12,708,938
Arches Buyer, Inc., 6.125%, 12/1/28(6)		8,881		9,119,677
Clear Channel Worldwide Holdings, Inc., 5.125%, 8/15/27(6)		12,883		13,172,868
Clear Channel Worldwide Holdings, Inc., 9.25%, 2/15/24		15,256		15,898,049
National CineMedia, LLC, 5.875%, 4/15/28(6)		14,872		13,459,160
Nielsen Co. Luxembourg S.a.r.l. (The), 5.50%, 10/1/21(6)		1,201		1,207,383
Nielsen Finance, LLC/Nielsen Finance Co., 5.625%, 10/1/28(6)		4,230		4,528,405
Nielsen Finance, LLC/Nielsen Finance Co., 5.875%, 10/1/30(6)		4,230		4,707,144
Outfront Media Capital, LLC/Outfront Media Capital Corp., 4.625%, 3/15/30(6)		1,263		1,261,421
Outfront Media Capital, LLC/Outfront Media Capital Corp., 6.25%, 6/15/25(6)		8,819		9,353,652
Terrier Media Buyer, Inc., 8.875%, 12/15/27(6)		23,939		25,928,929
Urban One, Inc., 7.375%, 2/1/28(6)		19,362		19,586,793
			$	135,019,741
Energy — 11.5%
Aethon III BR, LLC, 1.50%, 10/1/25(4)		23,440	$	23,364,992
Aethon United BR, L.P./Aethon United Finance Corp., 8.25%, 2/15/26(6)(11)		5,759		5,902,975
AmeriGas Partners, L.P./AmeriGas Finance Corp., 5.50%, 5/20/25		5,305		5,848,763
AmeriGas Partners, L.P./AmeriGas Finance Corp., 5.625%, 5/20/24		1,553		1,712,509
Antero Midstream Partners, L.P./Antero Midstream Finance Corp., 5.75%, 3/1/27(6)		19,535		19,519,128
Antero Midstream Partners, L.P./Antero Midstream Finance Corp., 7.875%, 5/15/26(6)		8,595		9,213,840
Apache Corp., 4.25%, 1/15/30		13,106		12,966,749
Apache Corp., 4.375%, 10/15/28		6,613		6,594,087
Apache Corp., 4.625%, 11/15/25		5,445		5,587,931
Apache Corp., 4.875%, 11/15/27		6,855		7,053,795
Archrock Partners, L.P./Archrock Partners Finance Corp., 6.25%, 4/1/28(6)		5,842		5,977,096
Ascent Resources Utica Holdings, LLC/ARU Finance Corp., 7.00%, 11/1/26(6)		8,442		8,077,939
Berry Petroleum Co., LLC, 7.00%, 2/15/26(6)		2,670		2,546,005

6

Security	Principal Amount* (000’s omitted)		Value
Buckeye Partners, L.P., 4.50%, 3/1/28(6)		11,934	$	12,356,702
Cenovus Energy, Inc., 6.75%, 11/15/39		1,743		2,260,399
Centennial Resource Production, LLC, 5.375%, 1/15/26(6)		4,745		3,994,697
Centennial Resource Production, LLC, 6.875%, 4/1/27(6)		14,801		12,883,160
Cheniere Corpus Christi Holdings, LLC, 7.00%, 6/30/24		7,659		8,919,720
Cheniere Energy Partners, L.P., 4.50%, 10/1/29		12,403		13,351,705
Cheniere Energy Partners, L.P., 5.25%, 10/1/25		4,600		4,726,500
Cheniere Energy Partners, L.P., 5.625%, 10/1/26		8,670		9,034,574
Cheniere Energy, Inc., 4.625%, 10/15/28(6)		10,687		11,194,633
CNX Resources Corp., 6.00%, 1/15/29(6)		9,361		9,691,677
Colgate Energy Partners III, LLC, 7.75%, 2/15/26(6)		13,823		13,235,522
Continental Resources, Inc., 4.375%, 1/15/28		10,672		10,896,539
Continental Resources, Inc., 4.90%, 6/1/44		407		394,027
Continental Resources, Inc., 5.75%, 1/15/31(6)		14,411		15,621,524
Crestwood Midstream Partners, L.P./Crestwood Midstream Finance Corp., 5.625%, 5/1/27(6)		7,748		7,473,876
CrownRock, L.P./CrownRock Finance, Inc., 5.625%, 10/15/25(6)		32,062		31,966,455
CVR Energy, Inc., 5.75%, 2/15/28(6)		11,824		11,628,017
Double Eagle III Midco 1, LLC/Double Eagle Finance Corp., 7.75%, 12/15/25(6)		10,900		11,301,937
Endeavor Energy Resources, L.P./EER Finance, Inc., 5.50%, 1/30/26(6)		7,380		7,656,750
Endeavor Energy Resources, L.P./EER Finance, Inc., 5.75%, 1/30/28(6)		6,019		6,389,169
Endeavor Energy Resources, L.P./EER Finance, Inc., 6.625%, 7/15/25(6)		6,165		6,594,608
Energy Transfer Operating, L.P., 5.875%, 1/15/24		7,810		8,763,406
Energy Transfer Operating, L.P., Series A, 6.25% to 2/15/23(9)(10)		5,295		4,302,188
EnLink Midstream, LLC, 5.375%, 6/1/29		4,795		4,588,216
EnLink Midstream, LLC, 5.625%, 1/15/28(6)		3,007		3,007,000
EQM Midstream Partners, L.P., 4.50%, 1/15/29(6)		8,599		8,316,050
EQM Midstream Partners, L.P., 4.75%, 1/15/31(6)		8,599		8,312,051
EQM Midstream Partners, L.P., 6.00%, 7/1/25(6)		6,182		6,474,532
EQM Midstream Partners, L.P., 6.50%, 7/1/27(6)		6,208		6,656,280
EQT Corp., 5.00%, 1/15/29		3,261		3,554,490
EQT Corp., 7.875%, 2/1/25		3,437		4,055,127
EQT Corp., 8.75%, 2/1/30		5,041		6,434,685
Genesis Energy, L.P./Genesis Energy Finance Corp., 8.00%, 1/15/27		9,727		9,261,806
Great Western Petroleum, LLC/Great Western Finance Corp., 9.00%, 9/30/21(6)		17,797		11,345,587
Hilcorp Energy I, L.P./Hilcorp Finance Co., 5.75%, 2/1/29(6)		6,919		7,048,351
Hilcorp Energy I, L.P./Hilcorp Finance Co., 6.00%, 2/1/31(6)		5,536		5,629,420
Laredo Petroleum, Inc., 9.50%, 1/15/25		3,120		2,680,267
Laredo Petroleum, Inc., 10.125%, 1/15/28		4,701		4,099,272
Matador Resources Co., 5.875%, 9/15/26		15,245		14,578,031
MEG Energy Corp., 5.875%, 2/1/29(6)(11)		7,125		7,089,375
MEG Energy Corp., 7.125%, 2/1/27(6)		16,840		17,418,875
Moss Creek Resources Holdings, Inc., 7.50%, 1/15/26(6)		12,758		10,827,013
Nabors Industries, Ltd., 7.25%, 1/15/26(6)		4,657		3,783,463
Nabors Industries, Ltd., 7.50%, 1/15/28(6)		5,019		3,924,231
Neptune Energy Bondco PLC, 6.625%, 5/15/25(6)		35,848		35,131,040
Nine Energy Service, Inc., 8.75%, 11/1/23(6)		3,556		1,482,408
Occidental Petroleum Corp., 2.90%, 8/15/24		811		785,656
Occidental Petroleum Corp., 3.40%, 4/15/26		4,169		4,032,173
Occidental Petroleum Corp., 3.45%, 7/15/24		2,046		1,969,275
Occidental Petroleum Corp., 3.50%, 8/15/29		5,213		4,843,503
Occidental Petroleum Corp., 4.20%, 3/15/48		8,139		6,846,934
Occidental Petroleum Corp., 4.40%, 8/15/49		6,626		5,644,524
Occidental Petroleum Corp., 4.625%, 6/15/45		4,425		3,869,165

7

Security	Principal Amount* (000’s omitted)		Value
Occidental Petroleum Corp., 6.125%, 1/1/31		11,929	$	12,999,031
Occidental Petroleum Corp., 6.20%, 3/15/40		4,187		4,364,948
Occidental Petroleum Corp., 6.375%, 9/1/28		5,072		5,537,990
Occidental Petroleum Corp., 6.625%, 9/1/30		13,861		15,614,416
Occidental Petroleum Corp., 8.50%, 7/15/27		17,429		20,506,526
Occidental Petroleum Corp., 8.875%, 7/15/30		14,937		18,779,543
Ovintiv Exploration, Inc., 5.375%, 1/1/26		6,594		7,210,138
Ovintiv Exploration, Inc., 5.625%, 7/1/24		2,406		2,620,378
Ovintiv, Inc., 6.50%, 2/1/38		442		527,320
Ovintiv, Inc., 8.125%, 9/15/30		2,450		3,220,998
Plains All American Pipeline, L.P., Series B, 6.125% to 11/15/22(9)(10)		22,848		19,016,390
Precision Drilling Corp., 5.25%, 11/15/24		2,656		2,451,820
Precision Drilling Corp., 7.125%, 1/15/26(6)		3,570		3,471,825
Precision Drilling Corp., 7.75%, 12/15/23		1,651		1,647,904
Seven Generations Energy, Ltd., 5.375%, 9/30/25(6)		29,582		30,126,702
Seven Generations Energy, Ltd., 6.875%, 6/30/23(6)		1,073		1,088,982
Shelf Drilling Holdings, Ltd., 8.25%, 2/15/25(6)		18,610		10,177,344
Southwestern Energy Co., 7.50%, 4/1/26		955		999,217
Southwestern Energy Co., 8.375%, 9/15/28		9,390		10,065,892
Sunoco, L.P./Sunoco Finance Corp., 4.50%, 5/15/29(6)		8,737		8,946,513
Targa Resources Partners, L.P./Targa Resources Partners Finance Corp., 5.875%, 4/15/26		6,450		6,768,533
Targa Resources Partners, L.P./Targa Resources Partners Finance Corp., 6.50%, 7/15/27		4,107		4,425,293
Targa Resources Partners, L.P./Targa Resources Partners Finance Corp., 6.875%, 1/15/29		8,212		9,079,393
TechnipFMC PLC, 6.50%, 2/1/26(6)		8,609		8,975,513
Transocean Guardian, Ltd., 5.875%, 1/15/24(6)		5,296		4,697,001
Transocean Pontus, Ltd., 6.125%, 8/1/25(6)		3,892		3,607,583
Transocean Poseidon, Ltd., 6.875%, 2/1/27(6)		3,018		2,721,859
Western Midstream Operating, L.P., 4.50%, 3/1/28		1,247		1,296,880
Western Midstream Operating, L.P., 4.75%, 8/15/28		1,251		1,326,060
Western Midstream Operating, L.P., 5.05%, 2/1/30		9,985		10,996,830
			$	785,961,216
Entertainment & Film — 0.7%
AMC Entertainment Holdings, Inc., 10.50%, 4/15/25(6)		16,047	$	16,448,175
Cinemark USA, Inc., 4.875%, 6/1/23		20,000		19,262,500
Live Nation Entertainment, Inc., 3.75%, 1/15/28(6)		4,264		4,310,201
Live Nation Entertainment, Inc., 4.75%, 10/15/27(6)		7,668		7,699,170
			$	47,720,046
Environmental — 1.7%
Clean Harbors, Inc., 4.875%, 7/15/27(6)		4,075	$	4,297,332
Clean Harbors, Inc., 5.125%, 7/15/29(6)		4,445		4,835,871
Covanta Holding Corp., 5.00%, 9/1/30		14,202		14,929,852
Covanta Holding Corp., 5.875%, 7/1/25		7,195		7,491,038
Covanta Holding Corp., 6.00%, 1/1/27		15,280		16,015,121
GFL Environmental, Inc., 3.50%, 9/1/28(6)		14,830		14,612,296
GFL Environmental, Inc., 3.75%, 8/1/25(6)		7,155		7,311,516
GFL Environmental, Inc., 4.25%, 6/1/25(6)		11,354		11,744,294
GFL Environmental, Inc., 8.50%, 5/1/27(6)		20,923		23,172,222

8

Security	Principal Amount* (000’s omitted)		Value
Tervita Corp., 11.00%, 12/1/25(6)		10,590	$	11,543,100
Waste Pro USA, Inc., 5.50%, 2/15/26(6)		1,911		1,973,308
			$	117,925,950
Food & Drug Retail — 0.7%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons, L.P./Albertsons, LLC, 3.50%, 3/15/29(6)		4,280	$	4,231,850
Albertsons Cos., Inc./Safeway, Inc./New Albertsons, L.P./Albertsons, LLC, 4.875%, 2/15/30(6)		7,881		8,431,020
Albertsons Cos., Inc./Safeway, Inc./New Albertsons, L.P./Albertsons, LLC, 5.75%, 3/15/25		1,522		1,578,915
Albertsons Cos., Inc./Safeway, Inc./New Albertsons, L.P./Albertsons, LLC, 5.875%, 2/15/28(6)		7,375		7,966,549
Albertsons Cos., Inc./Safeway, Inc./New Albertsons, L.P./Albertsons, LLC, 7.50%, 3/15/26(6)		4,000		4,417,500
Murphy Oil USA, Inc., 3.75%, 2/15/31(6)		3,245		3,253,113
Murphy Oil USA, Inc., 4.75%, 9/15/29		5,305		5,689,957
Murphy Oil USA, Inc., 5.625%, 5/1/27		10,031		10,771,388
			$	46,340,292
Food, Beverage & Tobacco — 3.2%
Central Garden & Pet Co., 4.125%, 10/15/30		2,943	$	3,082,145
Central Garden & Pet Co., 5.125%, 2/1/28		7,758		8,212,308
Chobani, LLC/Chobani Finance Corp., Inc., 4.625%, 11/15/28(6)		4,234		4,329,265
Herbalife Nutrition, Ltd./HLF Financing, Inc., 7.875%, 9/1/25(6)		9,939		10,845,934
JBS USA LUX S.A./JBS USA Food Co./JBS USA Finance, Inc., 5.50%, 1/15/30(6)		11,973		13,617,372
Kraft Heinz Foods Co., 3.875%, 5/15/27		10,085		11,053,173
Kraft Heinz Foods Co., 4.25%, 3/1/31		12,085		13,622,212
Kraft Heinz Foods Co., 4.375%, 6/1/46		39,091		41,691,353
Kraft Heinz Foods Co., 4.625%, 1/30/29		3,000		3,429,108
Kraft Heinz Foods Co., 4.625%, 10/1/39		4,208		4,589,262
Kraft Heinz Foods Co., 5.50%, 6/1/50		10,085		12,440,501
Performance Food Group, Inc., 5.50%, 10/15/27(6)		15,524		16,367,419
Performance Food Group, Inc., 6.875%, 5/1/25(6)		9,425		10,175,937
Post Holdings, Inc., 4.625%, 4/15/30(6)		12,117		12,574,053
Post Holdings, Inc., 5.00%, 8/15/26(6)		5,851		6,045,634
TreeHouse Foods, Inc., 4.00%, 9/1/28		10,083		10,202,736
United Natural Foods, Inc., 6.75%, 10/15/28(6)		9,597		10,160,824
US Foods, Inc., 4.75%, 2/15/29(6)(11)		14,666		14,720,997
US Foods, Inc., 5.875%, 6/15/24(6)		13,645		13,872,530
			$	221,032,763
Gaming — 2.4%
Caesars Entertainment, Inc., 6.25%, 7/1/25(6)		22,288	$	23,517,629
Caesars Entertainment, Inc., 8.125%, 7/1/27(6)		27,984		30,748,959
Caesars Resort Collection, LLC/CRC Finco, Inc., 5.25%, 10/15/25(6)		18,909		18,841,306
Gateway Casinos & Entertainment, Ltd., 8.25%, 3/1/24(6)		22,928		21,320,632
Golden Nugget, Inc., 6.75%, 10/15/24(6)		12,712		12,757,128
MGM Resorts International, 4.75%, 10/15/28		15,992		16,690,850
MGM Resorts International, 7.75%, 3/15/22		13,100		13,926,937
Peninsula Pacific Entertainment, LLC/Peninsula Pacific Entertainment Finance, Inc., 8.50%, 11/15/27(6)		7,786		8,367,264
Stars Group Holdings B.V./Stars Group US Co-Borrower, LLC, 7.00%, 7/15/26(6)		11,985		12,591,741
Wynn Las Vegas, LLC/Wynn Las Vegas Capital Corp., 5.25%, 5/15/27(6)		5,021		5,103,746
			$	163,866,192

9

Security	Principal Amount* (000’s omitted)		Value
Healthcare — 11.2%
Acadia Healthcare Co., Inc., 5.00%, 4/15/29(6)		5,924	$	6,249,820
Acadia Healthcare Co., Inc., 5.50%, 7/1/28(6)		8,636		9,213,532
AdaptHealth, LLC, 4.625%, 8/1/29(6)		6,368		6,512,172
AdaptHealth, LLC, 6.125%, 8/1/28(6)		6,030		6,497,325
AMN Healthcare, Inc., 4.00%, 4/15/29(6)		10,075		10,314,281
AMN Healthcare, Inc., 4.625%, 10/1/27(6)		4,205		4,375,828
Avantor Funding, Inc., 4.625%, 7/15/28(6)		14,329		15,071,099
Bausch Health Americas, Inc., 8.50%, 1/31/27(6)		18,651		20,682,374
Bausch Health Americas, Inc., 9.25%, 4/1/26(6)		4,735		5,261,532
Bausch Health Cos., Inc., 5.00%, 1/30/28(6)		8,013		8,265,810
Bausch Health Cos., Inc., 5.00%, 2/15/29(6)		10,782		11,057,264
Bausch Health Cos., Inc., 5.25%, 1/30/30(6)		11,512		11,899,724
Bausch Health Cos., Inc., 5.25%, 2/15/31(6)		4,386		4,519,115
Bausch Health Cos., Inc., 5.50%, 11/1/25(6)		7,041		7,257,159
Bausch Health Cos., Inc., 5.75%, 8/15/27(6)		2,927		3,155,672
Bausch Health Cos., Inc., 6.125%, 4/15/25(6)		2,420		2,481,855
Bausch Health Cos., Inc., 6.25%, 2/15/29(6)		12,660		13,597,093
Bausch Health Cos., Inc., 7.00%, 3/15/24(6)		18,304		18,728,653
Bausch Health Cos., Inc., 7.00%, 1/15/28(6)		3,834		4,155,634
Bausch Health Cos., Inc., 7.25%, 5/30/29(6)		4,201		4,685,942
Bausch Health Cos., Inc., 9.00%, 12/15/25(6)		16,210		17,824,111
Catalent Pharma Solutions, Inc., 2.375%, 3/1/28(7)	EUR	2,850		3,465,257
Catalent Pharma Solutions, Inc., 5.00%, 7/15/27(6)		4,854		5,123,106
Centene Corp., 3.00%, 10/15/30		21,528		22,544,122
Centene Corp., 3.375%, 2/15/30		40,797		42,798,705
Centene Corp., 4.25%, 12/15/27		7,680		8,142,336
Centene Corp., 4.625%, 12/15/29		14,039		15,583,290
Centene Corp., 5.375%, 6/1/26(6)		18,665		19,545,988
Centene Corp., 5.375%, 8/15/26(6)		4,780		5,024,975
Cheplapharm Arzneimittel GmbH, 5.50%, 1/15/28(6)		6,521		6,716,630
CHS/Community Health Systems, Inc., 4.75%, 2/15/31(6)(11)		8,609		8,619,761
CHS/Community Health Systems, Inc., 5.625%, 3/15/27(6)		8,673		9,117,491
CHS/Community Health Systems, Inc., 6.00%, 1/15/29(6)		7,763		8,257,891
CHS/Community Health Systems, Inc., 6.875%, 4/15/29(6)(11)		9,926		10,056,279
CHS/Community Health Systems, Inc., 8.125%, 6/30/24(6)		3,611		3,800,578
DaVita, Inc., 3.75%, 2/15/31(6)		13,486		13,401,712
Emergent BioSolutions, Inc., 3.875%, 8/15/28(6)		10,120		10,407,560
Encompass Health Corp., 4.50%, 2/1/28		7,761		8,094,257
Encompass Health Corp., 4.625%, 4/1/31		7,698		8,188,748
Encompass Health Corp., 4.75%, 2/1/30		18,501		19,930,757
Grifols S.A., 2.25%, 11/15/27(7)	EUR	14,415		17,775,151
HCA, Inc., 3.50%, 9/1/30		8,563		8,900,532
HCA, Inc., 5.375%, 9/1/26		11,055		12,614,197
HCA, Inc., 5.625%, 9/1/28		13,635		15,993,105
HCA, Inc., 5.875%, 2/15/26		13,250		15,171,250
HCA, Inc., 5.875%, 2/1/29		7,681		9,161,897
IQVIA, Inc., 5.00%, 5/15/27(6)		9,248		9,755,189
Jaguar Holding Co. II/PPD Development, L.P., 4.625%, 6/15/25(6)		9,872		10,369,351
Jaguar Holding Co. II/PPD Development, L.P., 5.00%, 6/15/28(6)		8,714		9,249,650

10

Security	Principal Amount* (000’s omitted)		Value
Legacy LifePoint Health, LLC, 4.375%, 2/15/27(6)		10,611	$	10,836,484
Legacy LifePoint Health, LLC, 6.75%, 4/15/25(6)		5,625		6,018,750
LifePoint Health, Inc., 5.375%, 1/15/29(6)		14,859		14,989,016
ModivCare, Inc., 5.875%, 11/15/25(6)		11,006		11,686,996
Molina Healthcare, Inc., 3.875%, 11/15/30(6)		21,119		22,623,729
Molina Healthcare, Inc., 4.375%, 6/15/28(6)		24,218		25,258,647
MPH Acquisition Holdings, LLC, 5.75%, 11/1/28(6)		40,772		40,466,210
Prime Healthcare Services, Inc., 7.25%, 11/1/25(6)		14,497		15,566,154
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc., 9.75%, 12/1/26(6)		10,708		11,696,348
RP Escrow Issuer, LLC, 5.25%, 12/15/25(6)		11,613		12,063,004
Team Health Holdings, Inc., 6.375%, 2/1/25(6)		15,845		14,339,725
Tenet Healthcare Corp., 4.625%, 9/1/24(6)		1,949		2,001,993
Tenet Healthcare Corp., 4.625%, 6/15/28(6)		3,274		3,431,054
Tenet Healthcare Corp., 4.875%, 1/1/26(6)		11,694		12,212,863
Tenet Healthcare Corp., 5.125%, 11/1/27(6)		11,694		12,353,074
Tenet Healthcare Corp., 6.125%, 10/1/28(6)		2,697		2,822,033
Tenet Healthcare Corp., 6.75%, 6/15/23		4,510		4,897,860
Varex Imaging Corp., 7.875%, 10/15/27(6)		12,338		13,232,505
			$	766,112,205
Homebuilders & Real Estate — 6.0%
AT Securities B.V., 5.25% to 7/21/23(7)(9)(10)		6,250	$	6,543,438
Brookfield Property REIT, Inc./BPR Cumulus, LLC/BPR Nimbus, LLC/GGSI Sellco, LLC, 5.75%, 5/15/26(6)		11,701		12,166,173
Brookfield Residential Properties, Inc./Brookfield Residential U.S. Corp., 4.875%, 2/15/30(6)		16,123		16,551,227
Brookfield Residential Properties, Inc./Brookfield Residential U.S. Corp., 6.25%, 9/15/27(6)		3,353		3,543,702
Brundage-Bone Concrete Pumping Holdings, Inc., 6.00%, 2/1/26(6)		10,480		10,683,050
Empire Communities Corp., 7.00%, 12/15/25(6)		10,064		10,649,725
ESH Hospitality, Inc., 5.25%, 5/1/25(6)		9,878		10,090,130
Five Point Operating Co., L.P./Five Point Capital Corp., 7.875%, 11/15/25(6)		10,461		11,061,357
Greystar Real Estate Partners, LLC, 5.75%, 12/1/25(6)		23,719		24,549,165
HAT Holdings I, LLC/HAT Holdings II, LLC, 3.75%, 9/15/30(6)		8,341		8,434,836
HAT Holdings I, LLC/HAT Holdings II, LLC, 6.00%, 4/15/25(6)		12,725		13,536,219
Iron Mountain, Inc., 4.50%, 2/15/31(6)		6,248		6,396,890
Iron Mountain, Inc., 5.25%, 7/15/30(6)		10,324		10,956,345
Iron Mountain, Inc., 5.625%, 7/15/32(6)		7,020		7,591,182
M/I Homes, Inc., 4.95%, 2/1/28		12,706		13,406,418
MDC Holdings, Inc., 6.00%, 1/15/43		7,165		9,722,009
MGM Growth Properties Operating Partnership, L.P./MGP Finance Co-Issuer, Inc., 4.50%, 9/1/26		6,735		7,170,148
MGM Growth Properties Operating Partnership, L.P./MGP Finance Co-Issuer, Inc., 5.625%, 5/1/24		11,505		12,363,963
MGM Growth Properties Operating Partnership, L.P./MGP Finance Co-Issuer, Inc., 5.75%, 2/1/27		4,084		4,584,167
Pike Corp., 5.50%, 9/1/28(6)		14,715		15,230,025
SBA Communications Corp., 4.00%, 10/1/22		7,385		7,475,651
SBA Communications Corp., 4.875%, 9/1/24		3,320		3,412,495
Service Properties Trust, 3.95%, 1/15/28		11,140		10,158,288
Service Properties Trust, 4.95%, 10/1/29		516		489,024
Service Properties Trust, 5.00%, 8/15/22		8,403		8,487,030
Service Properties Trust, 5.50%, 12/15/27		3,029		3,238,473
Service Properties Trust, 7.50%, 9/15/25		15,222		17,145,777

11

Security	Principal Amount* (000’s omitted)		Value
Shea Homes, L.P./Shea Homes Funding Corp., 4.75%, 2/15/28(6)		10,736	$	11,024,530
Shea Homes, L.P./Shea Homes Funding Corp., 4.75%, 4/1/29(6)		4,170		4,305,525
Taylor Morrison Communities, Inc., 5.125%, 8/1/30(6)		12,028		13,211,555
Taylor Morrison Communities, Inc., 5.75%, 1/15/28(6)		7,927		8,962,464
Taylor Morrison Communities, Inc., 5.875%, 6/15/27(6)		10,898		12,336,536
Tri Pointe Homes, Inc., 5.70%, 6/15/28		2,780		3,127,500
Uniti Group, L.P./Uniti Group Finance, Inc./CSL Capital, LLC, 6.50%, 2/15/29(6)(11)		11,064		11,084,745
Uniti Group, L.P./Uniti Fiber Holdings, Inc./CSL Capital, LLC, 7.125%, 12/15/24(6)		3,827		3,947,838
VICI Properties, L.P./VICI Note Co., Inc., 3.75%, 2/15/27(6)		8,359		8,509,211
VICI Properties, L.P./VICI Note Co., Inc., 4.125%, 8/15/30(6)		8,359		8,709,075
VICI Properties, L.P./VICI Note Co., Inc., 4.25%, 12/1/26(6)		12,627		13,080,625
VICI Properties, L.P./VICI Note Co., Inc., 4.625%, 12/1/29(6)		12,027		12,829,081
Vivion Investments S.a.r.l., 3.00%, 8/8/24(7)	EUR	27,700		31,342,926
Vivion Investments S.a.r.l., 3.50%, 11/1/25(7)	EUR	1,300		1,467,702
Weekley Homes, LLC/Weekley Finance Corp., 4.875%, 9/15/28(6)		3,747		3,906,248
			$	413,482,468
Insurance — 2.3%
Alliant Holdings Intermediate, LLC/Alliant Holdings Co-Issuer, 6.75%, 10/15/27(6)		31,755	$	33,634,578
AmWINS Group, Inc., 7.75%, 7/1/26(6)		17,206		18,504,021
AssuredPartners, Inc., 5.625%, 1/15/29(6)		4,490		4,562,963
GTCR AP Finance, Inc., 8.00%, 5/15/27(6)		27,647		29,858,760
Hub International, Ltd., 7.00%, 5/1/26(6)		35,781		37,158,747
NFP Corp., 6.875%, 8/15/28(6)		17,368		18,278,083
USI, Inc., 6.875%, 5/1/25(6)		18,000		18,345,330
			$	160,342,482
Leisure — 2.1%
Carnival Corp., 7.625%, 3/1/26(6)		5,348	$	5,665,538
Carnival Corp., 11.50%, 4/1/23(6)		4,086		4,641,880
Expedia Group, Inc., 6.25%, 5/1/25(6)		4,112		4,756,792
Expedia Group, Inc., 7.00%, 5/1/25(6)		2,055		2,252,029
Life Time, Inc., 5.75%, 1/15/26(6)		10,468		10,593,616
Life Time, Inc., 8.00%, 4/15/26(6)(11)		8,700		8,732,625
NCL Corp, Ltd., 3.625%, 12/15/24(6)		8,076		7,162,402
NCL Corp, Ltd., 5.875%, 3/15/26(6)		6,558		6,500,650
NCL Corp, Ltd., 10.25%, 2/1/26(6)		8,375		9,735,937
Powdr Corp., 6.00%, 8/1/25(6)		14,496		15,238,920
Royal Caribbean Cruises, Ltd., 3.70%, 3/15/28		6,862		5,999,961
Royal Caribbean Cruises, Ltd., 7.50%, 10/15/27		3,036		3,284,573
Speedway Motorsports, LLC/Speedway Funding II, Inc., 4.875%, 11/1/27(6)		11,462		11,376,035
Viking Cruises, Ltd., 5.875%, 9/15/27(6)		31,152		29,886,450
Viking Cruises, Ltd., 6.25%, 5/15/25(6)		8,680		8,494,639
Viking Cruises, Ltd., 7.00%, 2/15/29(6)(11)		6,622		6,613,722
Viking Ocean Cruises Ship VII, Ltd., 5.625%, 2/15/29(6)(11)		4,238		4,227,405
			$	145,163,174

12

Security	Principal Amount* (000’s omitted)		Value
Metals & Mining — 2.6%
Arconic Corp., 6.125%, 2/15/28(6)		18,916	$	20,321,459
Cleveland-Cliffs, Inc., 6.75%, 3/15/26(6)		24,527		26,422,692
Cleveland-Cliffs, Inc., 9.875%, 10/17/25(6)		3,633		4,276,513
Constellium SE, 5.625%, 6/15/28(6)		3,000		3,215,625
Constellium SE, 5.875%, 2/15/26(6)		8,394		8,645,610
Eldorado Gold Corp., 9.50%, 6/1/24(6)		7,780		8,683,608
First Quantum Minerals, Ltd., 7.25%, 4/1/23(6)		7,613		7,787,376
First Quantum Minerals, Ltd., 7.50%, 4/1/25(6)		11,684		12,093,290
Freeport-McMoRan, Inc., 4.55%, 11/14/24		5,915		6,497,151
Freeport-McMoRan, Inc., 5.45%, 3/15/43		16,137		20,201,265
Hudbay Minerals, Inc., 6.125%, 4/1/29(6)		13,706		14,562,625
New Gold, Inc., 6.375%, 5/15/25(6)		3,592		3,724,455
New Gold, Inc., 7.50%, 7/15/27(6)		14,348		15,543,691
Novelis Corp., 4.75%, 1/30/30(6)		15,432		16,232,535
Novelis Corp., 5.875%, 9/30/26(6)		7,032		7,374,810
			$	175,582,705
Paper — 0.5%
Boise Cascade Co., 4.875%, 7/1/30(6)		6,212	$	6,759,433
Enviva Partners, L.P./Enviva Partners Finance Corp., 6.50%, 1/15/26(6)		25,273		26,673,756
			$	33,433,189
Railroad — 0.3%
Watco Cos., LLC/Watco Finance Corp., 6.50%, 6/15/27(6)		19,293	$	20,727,917
			$	20,727,917
Restaurant — 1.4%
1011778 B.C. Unlimited Liability Company/New Red Finance, Inc., 3.875%, 1/15/28(6)		4,829	$	4,907,713
1011778 B.C. Unlimited Liability Company/New Red Finance, Inc., 4.00%, 10/15/30(6)		26,200		26,036,250
1011778 B.C. Unlimited Liability Company/New Red Finance, Inc., 4.375%, 1/15/28(6)		7,702		7,869,056
1011778 B.C. Unlimited Liability Company/New Red Finance, Inc., 5.75%, 4/15/25(6)		2,861		3,053,202
Dave & Buster’s, Inc., 7.625%, 11/1/25(6)		22,946		24,208,030
IRB Holding Corp., 6.75%, 2/15/26(6)		9,423		9,721,898
IRB Holding Corp., 7.00%, 6/15/25(6)		5,836		6,348,663
Yum! Brands, Inc., 3.625%, 3/15/31		10,596		10,397,325
Yum! Brands, Inc., 7.75%, 4/1/25(6)		2,329		2,559,245
			$	95,101,382
Services — 3.0%
Allied Universal Holdco, LLC/Allied Universal Finance Corp., 6.625%, 7/15/26(6)		9,946	$	10,666,588
Allied Universal Holdco, LLC/Allied Universal Finance Corp., 9.75%, 7/15/27(6)		16,398		17,873,820
Avis Budget Car Rental, LLC/Avis Budget Finance, Inc., 5.25%, 3/15/25(6)		6,020		6,031,287
Avis Budget Car Rental, LLC/Avis Budget Finance, Inc., 5.75%, 7/15/27(6)		4,829		4,888,348
Avis Budget Car Rental, LLC/Avis Budget Finance, Inc., 5.75%, 7/15/27(6)		6,080		6,194,030
Avis Budget Car Rental, LLC/Avis Budget Finance, Inc., 6.375%, 4/1/24(6)		2,005		2,033,822
Cars.com, Inc., 6.375%, 11/1/28(6)		11,371		12,053,260
frontdoor, inc., 6.75%, 8/15/26(6)		9,290		9,940,300

13

Security	Principal Amount* (000’s omitted)			Value
Garda World Security Corp., 9.50%, 11/1/27(6)		7,404		$	8,138,403
Gartner, Inc., 3.75%, 10/1/30(6)		6,252			6,435,559
Gartner, Inc., 4.50%, 7/1/28(6)		8,049			8,499,342
GEMS MENASA Cayman, Ltd./GEMS Education Delaware, LLC, 7.125%, 7/31/26(6)		23,462			24,628,883
IAA, Inc., 5.50%, 6/15/27(6)		3,243			3,411,555
IHS Markit, Ltd., 5.00%, 11/1/22(6)		4,300			4,585,907
KAR Auction Services, Inc., 5.125%, 6/1/25(6)		5,969			6,133,147
Korn Ferry, 4.625%, 12/15/27(6)		12,207			12,881,437
Sabre GLBL, Inc., 9.25%, 4/15/25(6)		8,938			10,615,663
ServiceMaster Co., LLC (The), 7.45%, 8/15/27		19,140			22,509,788
TMS International Holding Corp., 7.25%, 8/15/25(6)		3,930			4,008,600
Univar Solutions USA, Inc., 5.125%, 12/1/27(6)		12,929			13,597,300
White Cap Buyer, LLC, 6.875%, 10/15/28(6)		10,675			11,115,717
				$	206,242,756
Steel — 0.9%
Allegheny Ludlum, LLC, 6.95%, 12/15/25		6,940		$	7,555,196
Allegheny Technologies, Inc., 5.875%, 12/1/27		3,320			3,492,607
Allegheny Technologies, Inc., 7.875%, 8/15/23		5,718			6,270,016
Big River Steel, LLC/BRS Finance Corp., 6.625%, 1/31/29(6)		13,566			14,595,117
Infrabuild Australia Pty, Ltd., 12.00%, 10/1/24(6)		18,189			19,382,562
Joseph T. Ryerson & Son, Inc., 8.50%, 8/1/28(6)		9,306			10,514,151
				$	61,809,649
Super Retail — 2.1%
Academy, Ltd., 6.00%, 11/15/27(6)		9,582		$	10,120,987
Asbury Automotive Group, Inc., 4.50%, 3/1/28		2,690			2,770,700
Asbury Automotive Group, Inc., 4.75%, 3/1/30		3,517			3,703,225
Burlington Coat Factory Warehouse Corp., 6.25%, 4/15/25(6)		11,651	��		12,481,134
CP Atlas Buyer, Inc., 7.00%, 12/1/28(6)		4,404			4,582,912
Group 1 Automotive, Inc., 4.00%, 8/15/28(6)		8,100			8,279,820
Ken Garff Automotive, LLC, 4.875%, 9/15/28(6)		9,199			9,469,681
L Brands, Inc., 6.625%, 10/1/30(6)		8,425			9,446,952
L Brands, Inc., 6.75%, 7/1/36		3,883			4,443,608
L Brands, Inc., 6.875%, 7/1/25(6)		3,969			4,328,018
L Brands, Inc., 6.875%, 11/1/35		13,007			15,098,396
L Brands, Inc., 7.60%, 7/15/37		1,923			2,134,530
L Brands, Inc., 9.375%, 7/1/25(6)		2,779			3,435,539
Lithia Motors, Inc., 4.375%, 1/15/31(6)		3,271			3,468,454
Lithia Motors, Inc., 4.625%, 12/15/27(6)		3,872			4,092,220
Penske Automotive Group, Inc., 3.50%, 9/1/25		10,080			10,319,904
PetSmart, Inc./PetSmart Finance Corp., 4.75%, 2/15/28(6)(11)		4,222			4,222,000
PetSmart, Inc./PetSmart Finance Corp., 7.75%, 2/15/29(6)(11)		4,440			4,440,000
PVH Corp., 7.75%, 11/15/23		13,090			15,345,288
Sonic Automotive, Inc., 6.125%, 3/15/27		3,026			3,190,539
William Carter Co. (The), 5.50%, 5/15/25(6)		2,782			2,961,091
William Carter Co. (The), 5.625%, 3/15/27(6)		5,782			6,118,079
				$	144,453,077
Technology — 4.0%
Alliance Data Systems Corp., 4.75%, 12/15/24(6)		8,162		$	8,299,734
Black Knight InfoServ, LLC, 3.625%, 9/1/28(6)		6,891			6,981,961
Booz Allen Hamilton, Inc., 3.875%, 9/1/28(6)		17,280			17,827,690
CDK Global, Inc., 5.25%, 5/15/29(6)		8,876			9,628,241

14

Security	Principal Amount* (000’s omitted)		Value
Crowdstrike Holdings, Inc., 3.00%, 2/15/29		4,208	$	4,265,860
Dell International, LLC/EMC Corp., 5.85%, 7/15/25(6)		3,887		4,619,391
Dell International, LLC/EMC Corp., 5.875%, 6/15/21(6)		6,040		6,060,838
Dell International, LLC/EMC Corp., 6.02%, 6/15/26(6)		20,410		24,649,914
Dell International, LLC/EMC Corp., 6.10%, 7/15/27(6)		7,814		9,679,299
Dell International, LLC/EMC Corp., 6.20%, 7/15/30(6)		3,906		4,999,735
Dell International, LLC/EMC Corp., 7.125%, 6/15/24(6)		22,620		23,515,752
Endurance Acquisition Merger Sub, 6.00%, 2/15/29(6)(11)		13,402		13,200,970
Entegris, Inc., 4.375%, 4/15/28(6)		7,114		7,523,055
Entegris, Inc., 4.625%, 2/10/26(6)		5,107		5,295,321
Go Daddy Operating Co., LLC/GD Finance Co., Inc., 5.25%, 12/1/27(6)		11,559		12,199,484
LogMeIn, Inc., 5.50%, 9/1/27(6)		19,097		20,004,107
ON Semiconductor Corp., 3.875%, 9/1/28(6)		14,229		14,762,588
Open Text Corp., 3.875%, 2/15/28(6)		7,623		7,826,687
Open Text Holdings, Inc., 4.125%, 2/15/30(6)		6,669		7,012,720
Presidio Holdings, Inc., 4.875%, 2/1/27(6)		1,858		1,954,783
Presidio Holdings, Inc., 8.25%, 2/1/28(6)		14,939		16,647,648
Rackspace Technology Global, Inc., 5.375%, 12/1/28(6)		14,806		15,463,016
Seagate HDD Cayman, 3.125%, 7/15/29(6)		8,622		8,369,160
Sensata Technologies UK Financing Co. PLC, 6.25%, 2/15/26(6)		16,036		16,592,529
Sensata Technologies, Inc., 3.75%, 2/15/31(6)		6,115		6,283,407
SS&C Technologies, Inc., 5.50%, 9/30/27(6)		3,828		4,058,675
			$	277,722,565
Telecommunications — 6.4%
Altice Financing S.A., 2.25%, 1/15/25(7)	EUR	6,160	$	7,240,152
Altice Financing S.A., 7.50%, 5/15/26(6)		8,407		8,827,350
Altice Finco S.A., 4.75%, 1/15/28(7)	EUR	9,335		11,018,402
Altice France Holding S.A., 4.00%, 2/15/28(7)	EUR	8,321		9,681,405
Altice France Holding S.A., 6.00%, 2/15/28(6)		5,436		5,486,854
Altice France Holding S.A., 10.50%, 5/15/27(6)		11,966		13,439,314
Altice France S.A., 5.125%, 1/15/29(6)		6,470		6,684,319
Altice France S.A., 5.50%, 1/15/28(6)		6,163		6,424,927
Altice France S.A., 7.375%, 5/1/26(6)		14,192		14,861,862
Altice France S.A., 8.125%, 2/1/27(6)		23,848		26,319,726
Connect Finco S.a.r.l./Connect US Finco, LLC, 6.75%, 10/1/26(6)		19,559		20,925,196
DKT Finance ApS, 9.375%, 6/17/23(6)		7,633		7,939,847
Frontier California, Inc., 6.75%, 5/15/27(13)		2,855		3,011,140
Hughes Satellite Systems Corp., 5.25%, 8/1/26		6,555		7,288,668
Hughes Satellite Systems Corp., 6.625%, 8/1/26		3,275		3,712,376
Level 3 Financing, Inc., 3.75%, 7/15/29(6)		4,248		4,279,350
Level 3 Financing, Inc., 4.25%, 7/1/28(6)		20,356		20,879,353
Level 3 Financing, Inc., 5.25%, 3/15/26		8,495		8,770,663
Level 3 Financing, Inc., 5.375%, 1/15/24		8,975		8,999,906
Lumen Technologies, Inc., 4.50%, 1/15/29(6)		16,308		16,770,087
Lumen Technologies, Inc., 6.75%, 12/1/23		6,738		7,480,393
Lumen Technologies, Inc., 7.50%, 4/1/24		1,275		1,438,888
Sprint Capital Corp., 6.875%, 11/15/28		12,053		15,495,638
Sprint Communications, Inc., 6.00%, 11/15/22		2,445		2,630,331
Sprint Communications, Inc., 9.25%, 4/15/22		1,290		1,412,350
Sprint Corp., 7.125%, 6/15/24		7,445		8,690,548
Sprint Corp., 7.25%, 9/15/21		6,650		6,877,762

15

Security	Principal Amount* (000’s omitted)		Value
Sprint Corp., 7.625%, 2/15/25		14,960	$	17,895,900
Sprint Corp., 7.625%, 3/1/26		6,584		8,124,755
Sprint Corp., 7.875%, 9/15/23		39,717		45,922,781
T-Mobile USA, Inc., 2.25%, 2/15/26		8,420		8,519,272
T-Mobile USA, Inc., 2.625%, 2/15/29		10,523		10,574,352
T-Mobile USA, Inc., 2.875%, 2/15/31		6,314		6,377,172
T-Mobile USA, Inc., 4.50%, 2/1/26		6,770		6,938,404
T-Mobile USA, Inc., 4.75%, 2/1/28		7,115		7,608,425
T-Mobile USA, Inc., 6.50%, 1/15/26		26,120		26,973,079
Telecom Italia Capital S.A., 6.00%, 9/30/34		11,263		13,508,561
Telecom Italia SpA, 5.303%, 5/30/24(6)		9,431		10,260,834
ViaSat, Inc., 5.625%, 4/15/27(6)		8,549		9,003,166
VMED O2 UK Financing I PLC, 4.25%, 1/31/31(6)		4,498		4,498,945
			$	432,792,453
Transport Excluding Air & Rail — 0.2%
XPO Logistics, Inc., 6.125%, 9/1/23(6)		4,378	$	4,457,351
XPO Logistics, Inc., 6.25%, 5/1/25(6)		9,083		9,764,225
			$	14,221,576
Utility — 2.5%
Calpine Corp., 4.50%, 2/15/28(6)		8,179	$	8,413,737
Calpine Corp., 4.625%, 2/1/29(6)		6,095		6,165,092
Calpine Corp., 5.00%, 2/1/31(6)		8,130		8,365,770
Calpine Corp., 5.125%, 3/15/28(6)		11,510		11,929,137
Calpine Corp., 5.25%, 6/1/26(6)		4,855		5,015,603
Drax Finco PLC, 6.625%, 11/1/25(6)		8,565		8,912,953
Ferrellgas, L.P./Ferrellgas Finance Corp., 10.00%, 4/15/25(6)		14,396		16,051,540
FirstEnergy Corp., Series B, 4.40%, 7/15/27		9,289		10,159,232
NextEra Energy Operating Partners, L.P., 4.25%, 9/15/24(6)		432		461,916
NextEra Energy Operating Partners, L.P., 4.50%, 9/15/27(6)		6,122		6,810,725
NRG Energy, Inc., 3.375%, 2/15/29(6)		6,548		6,710,227
NRG Energy, Inc., 3.625%, 2/15/31(6)		10,913		11,369,982
NRG Energy, Inc., 5.25%, 6/15/29(6)		4,920		5,423,390
NRG Energy, Inc., 5.75%, 1/15/28		8,150		8,876,165
NRG Energy, Inc., 7.25%, 5/15/26		12,781		13,419,922
Pattern Energy Operations, L.P./Pattern Energy Operations, Inc., 4.50%, 8/15/28(6)		6,035		6,393,932
TerraForm Power Operating, LLC, 4.25%, 1/31/23(6)		4,625		4,770,317
TerraForm Power Operating, LLC, 4.75%, 1/15/30(6)		5,000		5,373,550

16

Security	Principal Amount* (000’s omitted)		Value
TerraForm Power Operating, LLC, 5.00%, 1/31/28(6)		13,722	$	15,257,149
Vistra Operations Co., LLC, 4.30%, 7/15/29(6)		1,473		1,695,453
Vistra Operations Co., LLC, 5.00%, 7/31/27(6)		9,285		9,783,604
			$	171,359,396
Total Corporate Bonds & Notes (identified cost $5,901,678,437)			$	6,194,424,577
Preferred Stocks — 0.4%
Security	Shares		Value
Services — 0.4%
WESCO International, Inc., Series A, 10.625% to 6/22/25 (9)		898,591	$	27,928,208
Total Preferred Stocks (identified cost $25,216,937)			$	27,928,208
Senior Floating-Rate Loans — 6.6%(14)
Borrower/Tranche Description	Principal Amount (000’s omitted)		Value
Aerospace — 0.1%
TransDigm, Inc., Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), Maturing 5/30/25	$	5,208	$	5,133,482
			$	5,133,482
Air Transportation — 0.0%(3)
Mileage Plus Holdings, LLC, Term Loan, Maturing 6/25/27(15)	$	1,569	$	1,675,664
			$	1,675,664
Automotive & Auto Parts — 0.2%
Truck Hero, Inc., Term Loan, Maturing 1/31/28(15)	$	15,060	$	15,107,062
			$	15,107,062
Capital Goods — 0.2%
GrafTech Finance, Inc., Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing 2/12/25	$	4,652	$	4,669,270
Hillman Group, Inc. (The), Term Loan, 4.12%, (1 mo. USD LIBOR + 4.00%), Maturing 5/31/25		4,702		4,714,099
Welbilt, Inc., Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing 10/23/25		6,466		6,191,038
			$	15,574,407
Diversified Financial Services — 0.2%
Endure Digital, Inc., Term Loan, Maturing 1/27/28(15)	$	2,444	$	2,432,212
Endure Digital, Inc., Term Loan, Maturing 2/10/28(15)		10,172		10,172,000
			$	12,604,212

17

Borrower/Tranche Description	Principal Amount (000’s omitted)		Value
Diversified Media — 0.1%
Adevinta ASA, Term Loan, Maturing 10/13/27(15)	$	3,000	$	3,005,001
Nielsen Finance, LLC, Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing 6/4/25		3,454		3,487,361
			$	6,492,362
Food, Beverage & Tobacco — 0.5%
BellRing Brands, LLC, Term Loan, 6.00%, (1 mo. USD LIBOR + 5.00%, Floor 1.00%), Maturing 10/21/24	$	23,313	$	23,569,397
HLF Financing S.a.r.l., Term Loan, 2.87%, (1 mo. USD LIBOR + 2.75%), Maturing 8/18/25		11,613		11,651,069
			$	35,220,466
Gaming — 0.7%
Golden Nugget, Inc., Term Loan, 13.00%, (3 mo. USD LIBOR + 12.00%, Floor 1.00%), Maturing 10/4/23	$	126	$	143,136
Lago Resort & Casino, LLC, Term Loan, 10.50%, (3 mo. USD LIBOR + 9.50%, Floor 1.00%), Maturing 3/7/22		10,697		10,469,675
Playtika Holding Corp., Term Loan, 7.00%, (3 mo. USD LIBOR + 6.00%, Floor 1.00%), Maturing 12/10/24		23,313		23,477,450
Spectacle Gary Holdings, LLC, Term Loan, 11.00%, (3 mo. USD LIBOR + 9.00%, Floor 2.00%), Maturing 12/23/25		6,813		6,936,775
Spectacle Gary Holdings, LLC, Term Loan, 11.00%, (3 mo. USD LIBOR + 9.00%, Floor 2.00%), Maturing 12/23/25		494		502,665
Stars Group Holdings B.V. (The), Term Loan, 3.75%, (3 mo. USD LIBOR + 3.50%), Maturing 7/10/25		5,583		5,608,502
			$	47,138,203
Healthcare — 0.4%
Envision Healthcare Corporation, Term Loan, 3.87%, (1 mo. USD LIBOR + 3.75%), Maturing 10/10/25	$	14,993	$	12,901,725
MPH Acquisition Holdings, LLC, Term Loan, 3.75%, (3 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing 6/7/23		4,319		4,321,888
RegionalCare Hospital Partners Holdings, Inc., Term Loan, 3.87%, (1 mo. USD LIBOR + 3.75%), Maturing 11/16/25		8,124		8,129,575
			$	25,353,188
Hotels — 0.1%
Playa Resorts Holding B.V., Term Loan, Maturing 4/29/24(15)	$	5,031	$	4,869,243
			$	4,869,243
Insurance — 1.8%
AssuredPartners Capital, Inc., Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), Maturing 2/12/27	$	993	$	1,000,068
Asurion, LLC, Term Loan - Second Lien, 6.62%, (1 mo. USD LIBOR + 6.50%), Maturing 8/4/25		62,496		62,730,708
Asurion, LLC, Term Loan, Maturing 7/31/27(15)		12,557		12,431,430
Asurion, LLC, Term Loan - Second Lien, Maturing 1/29/28(15)		33,480		33,480,000
Sedgwick Claims Management Services, Inc., Term Loan, 3.37%, (1 mo. USD LIBOR + 3.25%), Maturing 12/31/25		11,487		11,436,326
			$	121,078,532

18

Borrower/Tranche Description	Principal Amount (000’s omitted)		Value
Restaurant — 0.4%
IRB Holding Corp., Term Loan, 3.75%, (6 mo. USD LIBOR + 2.75%, Floor 1.00%), Maturing 2/5/25	$	14,885	$	14,892,185
IRB Holding Corp., Term Loan, Maturing 12/15/27(15)		14,955		15,054,705
			$	29,946,890
Services — 0.4%
AlixPartners, LLP, Term Loan, 2.62%, (1 mo. USD LIBOR + 2.50%), Maturing 4/4/24	$	13,108	$	13,109,758
AlixPartners, LLP, Term Loan, Maturing 2/4/28(15)		13,539		13,535,913
			$	26,645,671
Super Retail — 0.7%
CP Atlas Buyer, Inc., Term Loan, 5.25%, (3 mo. USD LIBOR + 4.50%, Floor 0.75%), Maturing 11/23/27	$	636	$	639,909
CP Atlas Buyer, Inc., Term Loan, 5.25%, (3 mo. USD LIBOR + 4.50%, Floor 0.75%), Maturing 11/23/27		1,909		1,912,579
PetSmart, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), Maturing 3/11/22		23,669		23,683,894
PetSmart, Inc., Term Loan, Maturing 1/27/28(15)		24,848		24,599,520
			$	50,835,902
Technology — 0.7%
EIG Investors Corp., Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), Maturing 2/9/23	$	17,341	$	17,351,084
Presidio, Inc., Term Loan, 3.72%, (3 mo. USD LIBOR + 3.50%), Maturing 1/22/27		7,972		8,000,707
Riverbed Technology, Inc., Term Loan — Second Lien, 12.00%, (3 mo. USD LIBOR + 11.00%, Floor 1.00%), 7.50% cash, 4.50% PIK, Maturing 12/31/26		11,107		9,070,679
SS&C Technologies, Inc., Term Loan, 1.87%, (1 mo. USD LIBOR + 1.75%), Maturing 4/16/25		14,126		14,087,109
			$	48,509,579
Telecommunications — 0.1%
Intelsat Jackson Holdings S.A., DIP Loan, 6.50%, (USD LIBOR + 5.50%, Floor 1.00%), Maturing 7/13/22(16)	$	8,464	$	8,654,902
			$	8,654,902
Total Senior Floating-Rate Loans (identified cost $455,270,351)			$	454,839,765
Miscellaneous — 0.3%
Security	Shares		Value
Cable & Satellite TV — 0.0%
ACC Claims Holdings, LLC(4)		11,599,560	$	0
			$	0
Gaming — 0.3%
PGP Investors, LLC, Membership Interests(1)(4)(5)		55,373	$	22,068,676
			$	22,068,676
Total Miscellaneous (identified cost $6,518,580)			$	22,068,676

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Short-Term Investments — 3.0%
Description	Units		Value
Eaton Vance Cash Reserves Fund, LLC, 0.11%(17)		207,060,862	$	207,060,862
Total Short-Term Investments (identified cost $207,060,862)			$	207,060,862
Total Investments — 102.0% (identified cost $6,689,582,592)			$	6,994,080,157
Other Assets, Less Liabilities — (2.0)%			$	(139,254,871	)
Net Assets — 100.0%			$	6,854,825,286

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) Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

(3) Amount is less than 0.05%.

(4) For fair value measurement disclosure purposes, security is categorized as Level 3.

(5) Restricted security.

(6) 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, 2021, the aggregate value of these securities is $4,267,787,510 or 62.3% of the Fund’s net assets.

(7) 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, 2021, the aggregate value of these securities is $145,220,505 or 2.1% of the Fund’s net assets.

(8) Variable rate security. The stated interest rate represents the rate in effect at January 31, 2021.

(9) Security converts to variable rate after the indicated fixed-rate coupon period.

(10) Perpetual security with no stated maturity date but may be subject to calls by the issuer.

(11) When-issued security.

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(12) Represents a payment-in-kind security which may pay interest in additional principal at the issuer’s discretion.

(13) Issuer is in default with respect to interest and/or principal payments.

(14) 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 London Interbank Offered Rate (“LIBOR”) 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. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

(15) This Senior Loan will settle after January 31, 2021, at which time the interest rate will be determined.

(16) The stated interest rate represents the weighted average interest rate at January 31, 2021 of contracts within the senior loan facility. Interest rates on contracts are primarily redetermined either weekly, monthly or quarterly by reference to the indicated base lending rate and spread and the reset period.

(17) 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 January 31, 2021.

Forward Foreign Currency Exchange Contracts

Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation		Unrealized (Depreciation)
USD	43,643,634	EUR	35,957,716	Bank of America, N.A.		4/30/21	$	—	$	(77,054	)
USD	28,378,785	EUR	23,383,000	Citibank, N.A.		4/30/21		—		(52,411	)
USD	28,381,959	EUR	23,383,868	Goldman Sachs International		4/30/21		—		(50,292	)
USD	31,838,077	EUR	26,238,022	State Street Bank and Trust Company		4/30/21		—		(64,517	)
USD	8,061,250	GBP	5,889,000	Citibank, N.A.		4/30/21		—		(11,308	)
USD	8,062,612	GBP	5,890,180	State Street Bank and Trust Company		4/30/21		—		(11,564	)
							$	—	$	(267,146	)

Abbreviations:

DIP	-	Debtor In Possession
LIBOR	-	London Interbank Offered Rate
PIK	-	Payment In Kind
Currency Abbreviations:
EUR	-	Euro
GBP	-	British Pound Sterling
USD	-	United States Dollar

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Restricted Securities

At January 31, 2021, the Fund owned the following securities (representing 0.4% of net assets) which were restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Fund has various registration rights (exercisable under a variety of circumstances) with respect to these securities. The value of these securities is determined based on valuations provided by brokers when available, or if not available, they are valued at fair value using methods determined in good faith by or at the direction of the Trustees.

Description	Date of Acquisition		Shares		Cost		Value
Common Stocks
Ascent CNR Corp., Class A		4/25/16, 11/16/16		32,029,863	$	18,931	$	6,726,271
Extraction Oil & Gas, Inc.		1/28/21		18,798		278,014		522,844
New Cotai Participation Corp., Class B		4/12/13		36		1,111,500		0
Nine Point Energy Holdings, Inc.		7/15/14, 10/21/14		157,059		7,228,624		0
Total Common Stocks					$	8,819,730	$	7,443,323
Convertible Preferred Stocks
Nine Point Energy Holdings, Inc., Series A, 12.00%		5/26/17		2,928	$	2,928,000	$	0
Total Convertible Preferred Stocks					$	2,928,000	$	0
Miscellaneous
PGP Investors, LLC, Membership Interests		10/23/12, 2/18/15 4/23/18, 11/30/20		55,373	$	6,518,580	$	22,068,676
Total Miscellaneous					$	6,518,580	$	22,068,676
Total Restricted Securities					$	18,266,310	$	29,511,999

At January 31, 2021, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.

The Fund is subject to foreign exchange risk in the normal course of pursuing its investment objective. 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.

At January 31, 2021, the value of the Fund’s investment in affiliated funds was $207,060,862, which represents 3.0% of the Fund’s net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended January 31, 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
Short-Term Investments
Eaton Vance Cash Reserves Fund, LLC	$	156,720,062	$	511,515,325	$	(461,174,525	)	$	—	$	—	$	207,060,862	$	37,161		207,060,862

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.

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• 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 January 31, 2021, the hierarchy of inputs used in valuing the Fund’s investments and open derivative instruments, which are carried at value, were as follows:

Asset Description	Level 1		Level 2			Level 3*		Total
Common Stocks	$	35,636,582	$	2,450,570		$	7,443,323	$	45,530,475
Convertible Bonds		—		12,966,563			—		12,966,563
Convertible Preferred Stocks		29,261,031		—			0		29,261,031
Corporate Bonds & Notes		—		6,171,059,585			23,364,992		6,194,424,577
Preferred Stocks		27,928,208		—			—		27,928,208
Senior Floating-Rate Loans		—		454,839,765			—		454,839,765
Miscellaneous		—		—			22,068,676		22,068,676
Short-Term Investments		—		207,060,862			—		207,060,862
Total Investments	$	92,825,821	$	6,848,377,345		$	52,876,991	$	6,994,080,157
Liability Description
Forward Foreign Currency Exchange Contracts	$	—	$	(267,146	)	$	—	$	(267,146	)
Total	$	—	$	(267,146	)	$	—	$	(267,146	)

* None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund.

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, 2021 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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