Eaton Vance Series Trust Ii NPORTP Eaton Vance Income Fund of Boston (Jan 2022 report)

Eaton Vance

Income Fund of Boston

January 31, 2022

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks— 1.2%


Security	Shares		Value
Consumer Products — 0.0%⁽¹⁾
HF Holdings, Inc.^(2)(3)(4)		3,400	$	552,636

			$	552,636

Energy — 0.4%
Ascent CNR Corp., Class A^(2)(3)(4)		32,029,863	$	4,163,882
Cheniere Energy, Inc.		186,427		20,861,182
Nine Point Energy Holdings, Inc.^(2)(3)(4)		157,059		0

			$	25,025,064

Environmental — 0.2%
GFL Environmental, Inc.		300,300	$	9,870,861

			$	9,870,861

Gaming — 0.0%
New Cotai Participation Corp., Class B^(2)(3)(4)		36	$	0

			$	0

Homebuilders & Real Estate — 0.1%
VICI Properties, Inc.		263,000	$	7,527,060

			$	7,527,060

Services — 0.5%
Hertz Global Holdings, Inc. (non-registered)⁽³⁾⁽⁵⁾		1,676,807	$	30,446,623

			$	30,446,623

Technology — 0.0%⁽¹⁾
Riverbed Technology, Inc.⁽³⁾⁽⁶⁾		157,965	$	1,658,633

			$	1,658,633


Total Common Stocks (identified cost $56,550,215)			$	75,080,877

Convertible Bonds — 0.3%


Security	Principal Amount (000’s omitted)		Value
Air Transportation — 0.0%⁽¹⁾
Air Transport Services Group, Inc., 1.125%, 10/15/24	$	1,085	$	1,166,859

			$	1,166,859

Entertainment & Film — 0.3%
Peloton Interactive, Inc., 0.00%, 2/15/26⁽⁷⁾	$	19,532	$	16,814,478

			$	16,814,478


Security	Principal Amount (000’s omitted)		Value
Leisure — 0.0%⁽¹⁾
Royal Caribbean Cruises, Ltd., 4.25%, 6/15/23	$	1,533	$	1,955,680

			$	1,955,680


Total Convertible Bonds (identified cost $19,289,525)			$	19,937,017


Convertible Preferred Stocks — 0.3%

Security	Shares		Value
Energy — 0.0%
Nine Point Energy Holdings, Inc., Series A, 12.00% (PIK)^(2)(3)(4)		2,928	$	0

			$	0

Environmental — 0.1%
GFL Environmental, Inc., 6.00%		98,016	$	7,411,970

			$	7,411,970

Healthcare — 0.2%
Becton Dickinson and Co., Series B, 6.00%		213,119	$	11,222,846

			$	11,222,846

Technology — 0.0%⁽¹⁾
Riverbed Technology, Inc., Series A, 6.50%, (1.50% cash, 5.00% PIK)⁽³⁾⁽⁶⁾		126,256	$	2,588,247

			$	2,588,247


Total Convertible Preferred Stocks (identified cost $22,990,795)			$	21,223,063

Corporate Bonds — 87.4%


Security	Principal Amount (000’s omitted)*		Value
Aerospace — 2.4%
Bombardier, Inc.:
7.125%, 6/15/26⁽⁷⁾		7,440	$	7,574,515
7.875%, 4/15/27⁽⁷⁾		10,994		11,157,426
BWX Technologies, Inc.:
4.125%, 6/30/28⁽⁷⁾		8,345		8,243,024
4.125%, 4/15/29⁽⁷⁾		7,093		7,006,891
Moog, Inc., 4.25%, 12/15/27⁽⁷⁾		10,223		10,273,093
Rolls-Royce PLC, 5.75%, 10/15/27⁽⁷⁾		29,407		30,925,724
Science Applications International Corp., 4.875%, 4/1/28⁽⁷⁾		12,585		12,665,041
TransDigm UK Holdings PLC, 6.875%, 5/15/26		5,020		5,209,279
TransDigm, Inc.:
4.625%, 1/15/29⁽⁷⁾		11,770		11,198,449
5.50%, 11/15/27		15,419		15,521,151
6.25%, 3/15/26⁽⁷⁾		16,947		17,514,724
6.375%, 6/15/26		9,600		9,779,904


Security	Principal Amount (000’s omitted)*		Value
7.50%, 3/15/27		7,253	$	7,534,743

			$	154,603,964

Air Transportation — 1.4%
Air Canada:
3.875%, 8/15/26⁽⁷⁾		7,819	$	7,644,597
4.625%, 8/15/29⁽⁷⁾	CAD	7,161		5,598,272
American Airlines, Inc./AAdvantage Loyalty IP, Ltd.:
5.50%, 4/20/26⁽⁷⁾		19,773		20,275,531
5.75%, 4/20/29⁽⁷⁾		19,773		20,276,421
United Airlines, Inc.:
4.375%, 4/15/26⁽⁷⁾		8,188		8,141,902
4.625%, 4/15/29⁽⁷⁾		12,596		12,484,966
VistaJet Malta Finance PLC/XO Management Holding, Inc., 6.375%, 2/1/30⁽⁷⁾		13,478		13,414,788

			$	87,836,477

Automotive & Auto Parts — 4.4%
Clarios Global, L.P., 6.75%, 5/15/25⁽⁷⁾		3,642	$	3,782,818
Clarios Global, L.P./Clarios US Finance Co.:
4.375%, 5/15/26⁽⁸⁾	EUR	23,368		26,677,873
6.25%, 5/15/26⁽⁷⁾		7,212		7,464,095
8.50%, 5/15/27⁽⁷⁾		5,696		5,963,399
Ford Motor Co.:
3.25%, 2/12/32		28,385		27,055,730
4.75%, 1/15/43		19,531		19,990,369
7.45%, 7/16/31		4,673		5,933,682
9.625%, 4/22/30		2,055		2,890,769
Ford Motor Credit Co., LLC:
1.391%, (3 mo. USD LIBOR + 1.24%), 2/15/23⁽⁹⁾		2,470		2,464,778
2.90%, 2/16/28		4,218		4,022,707
3.087%, 1/9/23		3,749		3,762,684
3.37%, 11/17/23		4,486		4,502,957
3.625%, 6/17/31		13,330		13,153,511
3.815%, 11/2/27		20,089		20,095,027
4.00%, 11/13/30		9,839		9,907,824
4.125%, 8/17/27		35,978		36,916,666
4.271%, 1/9/27		4,368		4,515,529
4.375%, 8/6/23		2,493		2,548,207
5.113%, 5/3/29		5,476		5,868,930
5.125%, 6/16/25		9,083		9,562,764
5.584%, 3/18/24		1,976		2,067,123
Goodyear Tire & Rubber Co. (The):
5.00%, 7/15/29⁽⁷⁾		20,783		20,828,203
5.25%, 7/15/31⁽⁷⁾		16,742		16,886,065
Real Hero Merger Sub 2, Inc., 6.25%, 2/1/29⁽⁷⁾		10,675		10,466,624
Wheel Pros, Inc., 6.50%, 5/15/29⁽⁷⁾		12,984		12,091,350

			$	279,419,684

Banking & Thrifts — 0.4%
JPMorgan Chase & Co., Series HH, 4.60% to 2/1/25^(10)(11)		12,584	$	12,552,540


Security	Principal Amount (000’s omitted)*		Value
SVB Financial Group, 4.10% to 2/15/31^(10)(11)		14,159	$	13,440,006

			$	25,992,546

Broadcasting — 2.2%
Audacy Capital Corp., 6.75%, 3/31/29⁽⁷⁾		16,478	$	15,509,505
Diamond Sports Group, LLC/Diamond Sports Finance Co., 5.375%, 8/15/26⁽⁷⁾		19,767		9,175,347
iHeartCommunications, Inc., 6.375%, 5/1/26		670		695,041
Netflix, Inc.:
4.875%, 6/15/30⁽⁷⁾		13,181		14,697,738
5.375%, 11/15/29⁽⁷⁾		5,536		6,338,139
5.875%, 2/15/25		5,730		6,310,506
5.875%, 11/15/28		12,610		14,629,744
Sirius XM Radio, Inc.:
3.125%, 9/1/26⁽⁷⁾		9,505		9,136,253
3.875%, 9/1/31⁽⁷⁾		9,550		8,850,415
4.125%, 7/1/30⁽⁷⁾		12,958		12,365,107
5.00%, 8/1/27⁽⁷⁾		16,487		16,856,721
Townsquare Media, Inc., 6.875%, 2/1/26⁽⁷⁾		15,374		15,988,499
Univision Communications, Inc., 4.50%, 5/1/29⁽⁷⁾		11,539		11,447,784

			$	142,000,799

Building Materials — 2.4%
Builders FirstSource, Inc.:
4.25%, 2/1/32⁽⁷⁾		15,452	$	15,152,386
5.00%, 3/1/30⁽⁷⁾		10,586		10,882,990
6.75%, 6/1/27⁽⁷⁾		13,197		13,754,573
Masonite International Corp., 5.375%, 2/1/28⁽⁷⁾		12,664		13,022,898
MIWD Holdco II, LLC/MIWD Finance Corp., 5.50%, 2/1/30⁽⁷⁾		9,745		9,670,353
Patrick Industries, Inc., 4.75%, 5/1/29⁽⁷⁾		12,106		11,700,752
PGT Innovations, Inc., 4.375%, 10/1/29⁽⁷⁾		10,864		10,494,135
SRM Escrow Issuer, LLC, 6.00%, 11/1/28⁽⁷⁾		30,485		31,361,749
Standard Industries, Inc.:
4.375%, 7/15/30⁽⁷⁾		26,589		25,439,956
4.75%, 1/15/28⁽⁷⁾		5,000		4,942,500
5.00%, 2/15/27⁽⁷⁾		3,894		3,928,929

			$	150,351,221

Cable & Satellite TV — 2.5%
CCO Holdings, LLC/CCO Holdings Capital Corp.:
4.25%, 2/1/31⁽⁷⁾		9,055	$	8,654,226
4.50%, 8/15/30⁽⁷⁾		48,569		47,434,428
4.75%, 3/1/30⁽⁷⁾		23,215		23,067,817
4.75%, 2/1/32⁽⁷⁾		10,825		10,666,901
5.375%, 6/1/29⁽⁷⁾		4,414		4,554,586
CSC Holdings, LLC:
3.375%, 2/15/31⁽⁷⁾		7,110		6,216,415
4.125%, 12/1/30⁽⁷⁾		18,990		17,411,456
5.875%, 9/15/22		15,715		15,987,262
6.50%, 2/1/29⁽⁷⁾		3,831		3,995,925
7.50%, 4/1/28⁽⁷⁾		4,369		4,524,624
Radiate Holdco, LLC/Radiate Finance, Inc., 6.50%, 9/15/28⁽⁷⁾		6,531		6,313,060
Ziggo B.V., 4.875%, 1/15/30⁽⁷⁾		5,296		5,133,731


Security	Principal Amount (000’s omitted)*		Value
Ziggo Bond Co., B.V., 6.00%, 1/15/27⁽⁷⁾		3,310	$	3,407,248

			$	157,367,679

Capital Goods — 0.6%
Madison IAQ, LLC:
4.125%, 6/30/28⁽⁷⁾		9,379	$	8,947,519
5.875%, 6/30/29⁽⁷⁾		16,016		14,826,491
Roller Bearing Co. of America, Inc., 4.375%, 10/15/29⁽⁷⁾		11,398		11,296,900

			$	35,070,910

Chemicals — 2.3%
ASP Unifrax Holdings Inc, 5.25%, 9/30/28⁽⁷⁾		8,599	$	8,464,770
Chemours Co. (The), 4.625%, 11/15/29⁽⁷⁾		5,679		5,418,618
Compass Minerals International, Inc., 6.75%, 12/1/27⁽⁷⁾		27,208		28,533,710
NOVA Chemicals Corp., 4.25%, 5/15/29⁽⁷⁾		12,262		11,697,335
Nufarm Australia, Ltd./Nufarm Americas, Inc.:
5.00%, 1/27/30⁽⁷⁾		11,577		11,534,860
5.75%, 4/30/26⁽⁷⁾		24,828		25,587,737
Univar Solutions USA, Inc., 5.125%, 12/1/27⁽⁷⁾		13,390		13,640,125
Valvoline, Inc.:
3.625%, 6/15/31⁽⁷⁾		7,931		7,281,054
4.25%, 2/15/30⁽⁷⁾		11,891		11,504,602
W.R. Grace Holdings, LLC:
4.875%, 6/15/27⁽⁷⁾		14,574		14,519,056
5.625%, 10/1/24⁽⁷⁾		2,019		2,092,653
5.625%, 8/15/29⁽⁷⁾		5,859		5,668,582

			$	145,943,102

Consumer Products — 0.1%
Tempur Sealy International, Inc., 3.875%, 10/15/31⁽⁷⁾		6,401	$	5,981,126

			$	5,981,126

Containers — 0.8%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.:
4.125%, 8/15/26⁽⁷⁾		5,255	$	5,225,283
5.25%, 8/15/27⁽⁷⁾		19,072		18,737,572
Crown Americas, LLC/Crown Americas Capital Corp. V, 4.25%, 9/30/26		4,555		4,703,470
Crown Americas, LLC/Crown Americas Capital Corp. VI, 4.75%, 2/1/26		5,205		5,316,465
LABL, Inc.:
5.875%, 11/1/28⁽⁷⁾		5,099		5,057,571
8.25%, 11/1/29⁽⁷⁾		10,223		9,756,576

			$	48,796,937

Diversified Financial Services — 2.9%
Ally Financial, Inc., Series B, 4.70% to 5/15/26^(10)(11)		14,324	$	14,206,185
Cargo Aircraft Management, Inc., 4.75%, 2/1/28⁽⁷⁾		14,762		14,878,694
Coinbase Global, Inc.:
3.375%, 10/1/28⁽⁷⁾		13,367		12,010,851
3.625%, 10/1/31⁽⁷⁾		11,141		9,727,151
Icahn Enterprises, L.P./Icahn Enterprises Finance Corp.:
5.25%, 5/15/27		9,293		9,380,772
6.25%, 5/15/26		8,006		8,238,174
6.375%, 12/15/25		5,685		5,792,503


Security	Principal Amount (000’s omitted)*		Value
Jane Street Group/JSG Finance, Inc., 4.50%, 11/15/29⁽⁷⁾		16,201	$	15,908,653
Jefferson Capital Holdings, LLC, 6.00%, 8/15/26⁽⁷⁾		12,728		12,649,086
MoneyGram International, Inc., 5.375%, 8/1/26⁽⁷⁾		12,153		12,532,234
MSCI, Inc., 3.875%, 2/15/31⁽⁷⁾		14,126		14,130,238
Oxford Finance, LLC/Oxford Finance Co-Issuer II, Inc., 6.375%, 2/1/27^(7)(12)		12,092		12,367,819
PRA Group, Inc.:
5.00%, 10/1/29⁽⁷⁾		8,474		8,378,795
7.375%, 9/1/25⁽⁷⁾		19,462		20,663,195
PROG Holdings, Inc., 6.00%, 11/15/29⁽⁷⁾		10,891		10,687,175

			$	181,551,525

Diversified Media — 1.9%
Alliance Data Systems Corp., 4.75%, 12/15/24⁽⁷⁾		14,843	$	15,045,162
Cars.com, Inc., 6.375%, 11/1/28⁽⁷⁾		11,371		11,844,034
Clear Channel Outdoor Holdings, Inc.:
7.50%, 6/1/29⁽⁷⁾		11,778		12,224,739
7.75%, 4/15/28⁽⁷⁾		15,386		15,992,439
Clear Channel Worldwide Holdings, Inc., 5.125%, 8/15/27⁽⁷⁾		12,883		12,898,009
National CineMedia, LLC:
5.75%, 8/15/26		12,070		8,467,346
5.875%, 4/15/28⁽⁷⁾		15,402		13,106,255
Terrier Media Buyer, Inc., 8.875%, 12/15/27⁽⁷⁾		17,406		18,406,410
Urban One, Inc., 7.375%, 2/1/28⁽⁷⁾		14,834		15,102,718

			$	123,087,112

Energy — 13.1%
Aethon III BR, LLC, 9.00%, (1 mo. USD LIBOR + 7.50%, Floor 1.50%), 10/1/25⁽⁹⁾		23,440	$	23,676,252
Aethon United BR, L.P./Aethon United Finance Corp., 8.25%, 2/15/26⁽⁷⁾		16,695		17,607,048
Antero Midstream Partners, L.P./Antero Midstream Finance Corp.:
5.75%, 3/1/27⁽⁷⁾		19,535		19,850,783
7.875%, 5/15/26⁽⁷⁾		3,595		3,868,957
Archrock Partners, L.P./Archrock Partners Finance Corp., 6.25%, 4/1/28⁽⁷⁾		5,842		5,875,475
Buckeye Partners, L.P., 4.50%, 3/1/28⁽⁷⁾		11,934		11,640,841
Callon Petroleum Co., 8.00%, 8/1/28⁽⁷⁾		15,188		15,497,683
Centennial Resource Production, LLC:
5.375%, 1/15/26⁽⁷⁾		2,268		2,219,828
6.875%, 4/1/27⁽⁷⁾		14,801		14,987,271
Cheniere Energy Partners, L.P.:
4.00%, 3/1/31		18,911		18,843,299
4.50%, 10/1/29		12,403		12,699,556
Cheniere Energy, Inc., 4.625%, 10/15/28		10,687		10,865,099
CNX Resources Corp., 6.00%, 1/15/29⁽⁷⁾		13,053		13,465,866
Colgate Energy Partners III, LLC:
5.875%, 7/1/29⁽⁷⁾		26,674		27,150,664
7.75%, 2/15/26⁽⁷⁾		11,543		12,431,407
CrownRock, L.P./CrownRock Finance, Inc., 5.00%, 5/1/29⁽⁷⁾		17,028		17,214,627
CVR Energy, Inc., 5.75%, 2/15/28⁽⁷⁾		28,358		27,283,799
DT Midstream, Inc., 4.125%, 6/15/29⁽⁷⁾		14,661		14,488,660
EQM Midstream Partners, L.P.:
4.50%, 1/15/29⁽⁷⁾		8,599		8,226,534
4.75%, 1/15/31⁽⁷⁾		8,599		8,245,108


Security	Principal Amount (000’s omitted)*		Value
6.00%, 7/1/25⁽⁷⁾		6,182	$	6,391,848
6.50%, 7/1/27⁽⁷⁾		6,208		6,503,532
EQT Corp.:
5.00%, 1/15/29		3,261		3,437,420
6.625%, 2/1/25		3,437		3,708,729
7.50%, 2/1/30		5,041		6,013,837
Great Western Petroleum, LLC/Great Western Finance Corp., 12.00%, 9/1/25⁽⁷⁾		13,824		14,500,547
Hilcorp Energy I, L.P./Hilcorp Finance Co.:
5.75%, 2/1/29⁽⁷⁾		6,919		7,068,796
6.00%, 2/1/31⁽⁷⁾		5,536		5,639,800
Laredo Petroleum, Inc.:
9.50%, 1/15/25		3,120		3,185,941
10.125%, 1/15/28		4,701		4,954,713
Nabors Industries, Ltd.:
7.25%, 1/15/26⁽⁷⁾		4,657		4,465,714
7.50%, 1/15/28⁽⁷⁾		5,019		4,716,379
9.00%, 2/1/25⁽⁷⁾		6,462		6,710,852
Neptune Energy Bondco PLC, 6.625%, 5/15/25⁽⁷⁾		31,848		32,290,050
New Fortress Energy, Inc., 6.50%, 9/30/26⁽⁷⁾		22,943		21,492,429
Oasis Petroleum, Inc., 6.375%, 6/1/26⁽⁷⁾		11,243		11,564,437
Occidental Petroleum Corp.:
3.00%, 2/15/27		2,220		2,152,667
3.40%, 4/15/26		6,949		6,873,256
3.50%, 8/15/29		5,213		5,146,404
4.20%, 3/15/48		8,139		7,582,984
4.40%, 8/15/49		6,626		6,304,639
4.625%, 6/15/45		4,425		4,293,600
6.125%, 1/1/31		11,929		13,788,433
6.20%, 3/15/40		4,187		4,852,398
6.375%, 9/1/28		5,072		5,777,287
6.45%, 9/15/36		12,234		14,881,132
6.625%, 9/1/30		13,861		16,291,665
8.50%, 7/15/27		17,429		20,962,381
8.875%, 7/15/30		14,937		19,389,496
Parkland Corp., 4.625%, 5/1/30⁽⁷⁾		14,576		14,017,666
PBF Holding Co., LLC/PBF Finance Corp., 9.25%, 5/15/25⁽⁷⁾		25,684		25,134,298
Plains All American Pipeline, L.P., Series B, 6.125% to 11/15/22^(10)(11)		17,277		14,599,066
Precision Drilling Corp.:
6.875%, 1/15/29⁽⁷⁾		9,418		9,445,265
7.125%, 1/15/26⁽⁷⁾		5,844		5,880,700
Shelf Drilling Holdings, Ltd.:
8.25%, 2/15/25⁽⁷⁾		15,620		12,168,917
8.875%, 11/15/24⁽⁷⁾		4,469		4,574,535
Southwestern Energy Co., 4.75%, 2/1/32		15,141		15,141,000
Suburban Propane Partners, L.P./Suburban Energy Finance Corp., 5.00%, 6/1/31⁽⁷⁾		8,331		8,217,115
Sunoco, L.P./Sunoco Finance Corp.:
4.50%, 5/15/29		8,737		8,568,682
4.50%, 4/30/30⁽⁷⁾		17,021		16,745,260
Superior Plus, L.P./Superior General Partner, Inc., 4.50%, 3/15/29⁽⁷⁾		12,540		12,578,247


Security	Principal Amount (000’s omitted)*		Value
Tap Rock Resources, LLC, 7.00%, 10/1/26⁽⁷⁾		18,571	$	19,059,882
Targa Resources Partners, L.P./Targa Resources Partners Finance Corp.:
4.00%, 1/15/32⁽⁷⁾		16,134		16,089,632
4.875%, 2/1/31		856		895,924
5.875%, 4/15/26		6,450		6,654,626
6.50%, 7/15/27		4,107		4,364,488
6.875%, 1/15/29		8,212		8,991,319
Tervita Corp., 11.00%, 12/1/25⁽⁷⁾		7,618		8,837,109
Transocean Poseidon, Ltd., 6.875%, 2/1/27⁽⁷⁾		11,027		10,713,888
Venture Global Calcasieu Pass, LLC:
3.875%, 8/15/29⁽⁷⁾		11,144		11,144,000
3.875%, 11/1/33⁽⁷⁾		6,691		6,632,554
4.125%, 8/15/31⁽⁷⁾		9,904		9,985,762
Weatherford International, Ltd., 8.625%, 4/30/30⁽⁷⁾		15,598		15,897,092
Western Midstream Operating, L.P., 5.30%, 2/1/30		9,985		10,421,944

			$	833,839,094

Entertainment & Film — 0.4%
AMC Entertainment Holdings, Inc., 10.50%, 4/15/25⁽⁷⁾		5,705	$	6,033,038
Cinemark USA, Inc.:
5.25%, 7/15/28⁽⁷⁾		12,691		12,040,967
5.875%, 3/15/26⁽⁷⁾		4,218		4,149,816
8.75%, 5/1/25⁽⁷⁾		3,076		3,233,568

			$	25,457,389

Environmental — 1.2%
Clean Harbors, Inc.:
4.875%, 7/15/27⁽⁷⁾		4,075	$	4,180,950
5.125%, 7/15/29⁽⁷⁾		4,445		4,641,291
Covanta Holding Corp., 4.875%, 12/1/29⁽⁷⁾		15,416		15,336,222
GFL Environmental, Inc.:
3.50%, 9/1/28⁽⁷⁾		14,830		13,982,392
3.75%, 8/1/25⁽⁷⁾		7,155	��	7,165,768
4.25%, 6/1/25⁽⁷⁾		11,354		11,480,200
4.75%, 6/15/29⁽⁷⁾		21,153		20,551,197

			$	77,338,020

Food & Drug Retail — 0.9%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons, L.P./Albertsons, LLC:
4.875%, 2/15/30⁽⁷⁾		11,616	$	11,850,353
5.875%, 2/15/28⁽⁷⁾		7,375		7,697,988
7.50%, 3/15/26⁽⁷⁾		4,000		4,250,060
Arko Corp., 5.125%, 11/15/29⁽⁷⁾		17,049		16,241,133
Ingles Markets, Inc., 4.00%, 6/15/31⁽⁷⁾		8,368		8,265,910
Murphy Oil USA, Inc.:
4.75%, 9/15/29		1,235		1,255,279
5.625%, 5/1/27		10,031		10,377,722

			$	59,938,445

Food, Beverage & Tobacco — 3.8%
Herbalife Nutrition, Ltd./HLF Financing, Inc., 7.875%, 9/1/25⁽⁷⁾		9,939	$	10,448,722


Security	Principal Amount (000’s omitted)*		Value
HLF Financing S.a.r.l., LLC/Herbalife International, Inc., 4.875%, 6/1/29⁽⁷⁾		10,032	$	9,519,565
JBS USA LUX S.A./JBS USA Food Co./JBS USA Finance, Inc., 5.50%, 1/15/30⁽⁷⁾		20,701		21,988,085
Kraft Heinz Foods Co.:
3.875%, 5/15/27		10,085		10,477,939
4.25%, 3/1/31		22,490		24,078,938
4.375%, 6/1/46		23,604		24,994,475
4.625%, 1/30/29		3,000		3,233,302
4.625%, 10/1/39		4,208		4,608,652
4.875%, 10/1/49		6,500		7,399,973
5.50%, 6/1/50		10,085		12,496,803
Performance Food Group, Inc.:
4.25%, 8/1/29⁽⁷⁾		24,007		22,566,820
5.50%, 10/15/27⁽⁷⁾		15,524		15,906,744
6.875%, 5/1/25⁽⁷⁾		9,425		9,815,619
Pilgrim’s Pride Corp., 3.50%, 3/1/32⁽⁷⁾		21,708		20,707,261
Post Holdings, Inc.:
4.50%, 9/15/31⁽⁷⁾		14,331		13,662,889
4.625%, 4/15/30⁽⁷⁾		15,117		14,590,475
US Foods, Inc., 4.75%, 2/15/29⁽⁷⁾		12,666		12,453,528

			$	238,949,790

Gaming — 2.6%
Caesars Entertainment, Inc.:
4.625%, 10/15/29⁽⁷⁾		5,260	$	5,045,484
6.25%, 7/1/25⁽⁷⁾		22,288		23,093,377
8.125%, 7/1/27⁽⁷⁾		23,616		25,452,026
Fertitta Entertainment, LLC/Fertitta Entertainment Finance Co, Inc.:
4.625%, 1/15/29⁽⁷⁾		7,727		7,542,943
6.75%, 1/15/30⁽⁷⁾		20,650		20,098,542
Jacobs Entertainment, Inc., 6.75%, 2/15/29^(7)(12)		6,725		6,801,026
MGM Resorts International:
4.75%, 10/15/28		15,992		15,886,773
5.50%, 4/15/27		4,637		4,796,884
Peninsula Pacific Entertainment, LLC/Peninsula Pacific Entertainment Finance, Inc., 8.50%, 11/15/27⁽⁷⁾		24,167		25,957,170
Playtika Holding Corp., 4.25%, 3/15/29⁽⁷⁾		14,062		13,467,388
Scientific Games International, Inc., 7.00%, 5/15/28⁽⁷⁾		16,866		17,738,478

			$	165,880,091

Healthcare — 9.4%
180 Medical, Inc., 3.875%, 10/15/29⁽⁷⁾		4,801	$	4,676,822
AdaptHealth, LLC:
4.625%, 8/1/29⁽⁷⁾		4,011		3,816,807
5.125%, 3/1/30⁽⁷⁾		10,165		9,965,868
6.125%, 8/1/28⁽⁷⁾		6,030		6,310,666
Bausch Health Americas, Inc.:
8.50%, 1/31/27⁽⁷⁾		8,921		9,033,628
9.25%, 4/1/26⁽⁷⁾		4,735		4,882,874
Bausch Health Cos., Inc.:
5.25%, 1/30/30⁽⁷⁾		4,352		3,504,513
5.25%, 2/15/31⁽⁷⁾		4,352		3,470,720
6.25%, 2/15/29⁽⁷⁾		4,594		3,894,334


Security	Principal Amount (000’s omitted)*		Value
7.25%, 5/30/29⁽⁷⁾		2,199	$	1,982,179
9.00%, 12/15/25⁽⁷⁾		12,211		12,773,194
Centene Corp.:
2.50%, 3/1/31		23,695		22,027,583
3.00%, 10/15/30		21,528		20,922,956
3.375%, 2/15/30		29,751		29,241,217
4.25%, 12/15/27		7,680		7,879,450
4.625%, 12/15/29		14,039		14,620,776
CHS/Community Health Systems, Inc.:
5.25%, 5/15/30^(7)(12)		9,039		9,016,177
6.125%, 4/1/30⁽⁷⁾		6,036		5,755,930
6.875%, 4/15/29⁽⁷⁾		9,356		9,265,527
Emergent BioSolutions, Inc., 3.875%, 8/15/28⁽⁷⁾		14,350		13,224,171
Encompass Health Corp.:
4.625%, 4/1/31		6,679		6,561,586
4.75%, 2/1/30		10,775		10,657,391
Endo DAC/Endo Finance, LLC/Endo Finco, Inc., 5.875%, 10/15/24⁽⁷⁾		6,987		6,835,731
Endo Luxembourg Finance Co. I S.a.r.l./Endo US, Inc., 6.125%, 4/1/29⁽⁷⁾		15,196		14,462,413
Grifols Escrow Issuer S.A., 4.75%, 10/15/28⁽⁷⁾		11,137		11,085,993
HCA, Inc.:
3.50%, 9/1/30		9,000		8,973,630
5.375%, 9/1/26		11,055		12,008,107
5.625%, 9/1/28		8,537		9,529,127
5.875%, 2/15/26		13,250		14,440,579
5.875%, 2/1/29		7,681		8,691,051
HealthEquity, Inc., 4.50%, 10/1/29⁽⁷⁾		13,931		13,634,966
Jazz Securities DAC, 4.375%, 1/15/29⁽⁷⁾		13,519		13,371,913
Legacy LifePoint Health, LLC, 4.375%, 2/15/27⁽⁷⁾		3,593		3,527,607
LifePoint Health, Inc., 5.375%, 1/15/29⁽⁷⁾		16,279		15,505,178
Minerva Merger Sub, Inc., 6.50%, 2/15/30^(7)(12)		26,125		26,102,141
ModivCare Escrow Issuer, Inc., 5.00%, 10/1/29⁽⁷⁾		7,580		7,354,760
ModivCare, Inc., 5.875%, 11/15/25⁽⁷⁾		11,006		11,435,014
Molina Healthcare, Inc.:
3.875%, 11/15/30⁽⁷⁾		27,471		27,137,914
3.875%, 5/15/32⁽⁷⁾		14,551		14,062,450
4.375%, 6/15/28⁽⁷⁾		17,866		17,945,593
Mozart Debt Merger Sub, Inc., 5.25%, 10/1/29⁽⁷⁾		36,466		35,529,371
Option Care Health, Inc., 4.375%, 10/31/29⁽⁷⁾		14,497		14,147,767
Organon & Co./Organon Foreign Debt Co-Issuer B.V., 5.125%, 4/30/31⁽⁷⁾		10,475		10,493,174
Team Health Holdings, Inc., 6.375%, 2/1/25⁽⁷⁾		18,643		16,807,597
Tenet Healthcare Corp.:
4.375%, 1/15/30⁽⁷⁾		8,208		7,923,708
4.625%, 9/1/24⁽⁷⁾		1,949		1,972,650
4.875%, 1/1/26⁽⁷⁾		11,694		11,759,720
5.125%, 11/1/27⁽⁷⁾		11,694		11,738,028
US Acute Care Solutions, LLC:
6.375%, 3/1/26^(7)(12)		5,418		5,452,621
6.375%, 3/1/26⁽⁷⁾		20,558		20,689,366
Varex Imaging Corp., 7.875%, 10/15/27⁽⁷⁾		11,104		12,170,928

			$	598,273,466


Security	Principal Amount (000’s omitted)*		Value
Homebuilders & Real Estate — 4.2%
APi Escrow Corp., 4.75%, 10/15/29⁽⁷⁾		10,851	$	10,677,275
Brookfield Property REIT, Inc./BPR Cumulus, LLC/BPR Nimbus, LLC/GGSI Sellco, LLC:
4.50%, 4/1/27⁽⁷⁾		19,209		18,196,302
5.75%, 5/15/26⁽⁷⁾		11,701		11,719,780
Brundage-Bone Concrete Pumping Holdings, Inc., 6.00%, 2/1/26⁽⁷⁾		10,253		10,392,287
Dycom Industries, Inc., 4.50%, 4/15/29⁽⁷⁾		13,448		13,191,345
Empire Communities Corp., 7.00%, 12/15/25⁽⁷⁾		16,548		16,859,268
Greystar Real Estate Partners, LLC, 5.75%, 12/1/25⁽⁷⁾		16,834		17,131,457
HAT Holdings I, LLC/HAT Holdings II, LLC:
3.75%, 9/15/30⁽⁷⁾		8,341		7,889,502
6.00%, 4/15/25⁽⁷⁾		12,725		13,188,890
M/I Homes, Inc., 4.95%, 2/1/28		12,706		12,851,865
MGM Growth Properties Operating Partnership, L.P./MGP Finance Co-Issuer, Inc.:
4.50%, 9/1/26		6,735		7,046,797
5.625%, 5/1/24		11,505		12,179,193
5.75%, 2/1/27		4,084		4,520,620
Outfront Media Capital, LLC/Outfront Media Capital Corp.:
4.625%, 3/15/30⁽⁷⁾		1,263		1,212,720
6.25%, 6/15/25⁽⁷⁾		8,819		9,158,840
Taylor Morrison Communities, Inc.:
5.75%, 1/15/28⁽⁷⁾		6,217		6,632,948
5.875%, 6/15/27⁽⁷⁾		10,898		11,709,084
TopBuild Corp., 4.125%, 2/15/32⁽⁷⁾		11,775		11,426,813
VICI Properties, L.P./VICI Note Co., Inc.:
3.75%, 2/15/27⁽⁷⁾		2,441		2,422,204
4.125%, 8/15/30⁽⁷⁾		8,359		8,399,541
4.25%, 12/1/26⁽⁷⁾		12,627		12,786,542
4.625%, 12/1/29⁽⁷⁾		17,945		18,499,231
Vivion Investments S.a.r.l.:
3.00%, 8/8/24⁽⁸⁾	EUR	27,700		29,795,437
3.50%, 11/1/25⁽⁸⁾	EUR	700		753,649

			$	268,641,590

Insurance — 0.6%
Alliant Holdings Intermediate, LLC/Alliant Holdings Co-Issuer, 6.75%, 10/15/27⁽⁷⁾		17,111	$	16,955,718
BroadStreet Partners, Inc., 5.875%, 4/15/29⁽⁷⁾		11,120		10,615,986
GTCR AP Finance, Inc., 8.00%, 5/15/27⁽⁷⁾		11,039		11,217,721

			$	38,789,425

Leisure — 2.8%
Carnival Corp.:
5.75%, 3/1/27⁽⁷⁾		13,340	$	12,826,677
6.00%, 5/1/29⁽⁷⁾		8,823		8,499,681
7.625%, 3/1/26⁽⁷⁾		5,348		5,464,640
Life Time, Inc.:
5.75%, 1/15/26⁽⁷⁾		12,585		12,657,364
8.00%, 4/15/26⁽⁷⁾		15,272		15,637,993
Lindblad Expeditions, LLC, 6.75%, 2/15/27^(7)(12)		12,088		12,207,127


Security	Principal Amount (000’s omitted)*		Value
NCL Corp., Ltd.:
5.875%, 3/15/26⁽⁷⁾		6,558	$	6,257,709
10.25%, 2/1/26⁽⁷⁾		5,444		6,171,972
NCL Finance, Ltd., 6.125%, 3/15/28⁽⁷⁾		3,490		3,307,839
Powdr Corp., 6.00%, 8/1/25⁽⁷⁾		13,768		14,309,564
Royal Caribbean Cruises, Ltd., 3.70%, 3/15/28		6,862		6,208,738
SeaWorld Parks & Entertainment, Inc., 5.25%, 8/15/29⁽⁷⁾		11,375		11,100,919
Speedway Motorsports, LLC/Speedway Funding II, Inc., 4.875%, 11/1/27⁽⁷⁾		15,899		15,997,892
Viking Cruises, Ltd.:
5.875%, 9/15/27⁽⁷⁾		31,095		28,454,257
6.25%, 5/15/25⁽⁷⁾		8,680		8,598,321
7.00%, 2/15/29⁽⁷⁾		6,622		6,348,942
Viking Ocean Cruises Ship VII, Ltd., 5.625%, 2/15/29⁽⁷⁾		4,238		4,149,087

			$	178,198,722

Metals & Mining — 1.9%
Constellium SE:
5.625%, 6/15/28⁽⁷⁾		3,000	$	3,079,140
5.875%, 2/15/26⁽⁷⁾		4,920		4,968,118
Eldorado Gold Corp., 6.25%, 9/1/29⁽⁷⁾		13,023		13,039,279
First Quantum Minerals, Ltd., 7.50%, 4/1/25⁽⁷⁾		11,684		11,945,313
Freeport-McMoRan, Inc., 5.45%, 3/15/43		13,849		16,308,721
Hudbay Minerals, Inc.:
4.50%, 4/1/26⁽⁷⁾		10,856		10,702,333
6.125%, 4/1/29⁽⁷⁾		13,706		14,276,101
New Gold, Inc.:
6.375%, 5/15/25⁽⁷⁾		3,592		3,680,830
7.50%, 7/15/27⁽⁷⁾		20,492		21,547,235
Novelis Corp.:
3.25%, 11/15/26⁽⁷⁾		6,885		6,684,061
4.75%, 1/30/30⁽⁷⁾		15,432		15,377,294

			$	121,608,425

Paper — 0.4%
Enviva Partners, L.P./Enviva Partners Finance Corp., 6.50%, 1/15/26⁽⁷⁾		25,273	$	26,135,820

			$	26,135,820

Restaurant — 1.4%
1011778 B.C. Unlimited Liability Company/New Red Finance, Inc.:
3.875%, 1/15/28⁽⁷⁾		17,005	$	16,611,759
4.00%, 10/15/30⁽⁷⁾		21,200		19,656,852
4.375%, 1/15/28⁽⁷⁾		7,702		7,573,030
5.75%, 4/15/25⁽⁷⁾		2,861		2,960,606
Carrols Restaurant Group, Inc., 5.875%, 7/1/29⁽⁷⁾		7,045		6,067,330
Dave & Buster’s, Inc., 7.625%, 11/1/25⁽⁷⁾		21,844		23,125,915
IRB Holding Corp., 7.00%, 6/15/25⁽⁷⁾		5,836		6,091,296
Yum! Brands, Inc., 3.625%, 3/15/31		10,596		10,033,829

			$	92,120,617

Services — 5.7%
Adtalem Global Education, Inc., 5.50%, 3/1/28⁽⁷⁾		18,724	$	18,452,221


Security	Principal Amount (000’s omitted)*		Value
Allied Universal Holdco, LLC/Allied Universal Finance Corp.:
6.00%, 6/1/29⁽⁷⁾		7,931	$	7,529,533
6.625%, 7/15/26⁽⁷⁾		22,670		23,307,707
9.75%, 7/15/27⁽⁷⁾		16,398		17,324,897
Allied Universal Holdco, LLC/Allied Universal Finance Corp./Atlas Luxco 4 S.a.r.l.:
4.625%, 6/1/28⁽⁷⁾		11,768		11,327,818
4.625%, 6/1/28⁽⁷⁾		7,816		7,406,559
Avis Budget Car Rental, LLC/Avis Budget Finance, Inc.:
5.75%, 7/15/27⁽⁷⁾		4,829		4,966,627
5.75%, 7/15/27⁽⁷⁾		6,080		6,263,859
BCPE Empire Holdings, Inc., 7.625%, 5/1/27⁽⁷⁾		29,593		29,653,074
Gartner, Inc.:
3.625%, 6/15/29⁽⁷⁾		4,186		4,066,992
3.75%, 10/1/30⁽⁷⁾		6,252		6,074,693
4.50%, 7/1/28⁽⁷⁾		8,049		8,219,438
GEMS MENASA Cayman, Ltd./GEMS Education Delaware, LLC, 7.125%, 7/31/26⁽⁷⁾		26,286		27,046,191
Hertz Corp. (The):
4.625%, 12/1/26⁽⁷⁾		2,214		2,152,595
5.00%, 12/1/29⁽⁷⁾		17,844		17,211,876
Korn Ferry, 4.625%, 12/15/27⁽⁷⁾		12,207		12,451,811
McGraw-Hill Education, Inc.:
5.75%, 8/1/28⁽⁷⁾		6,483		6,167,537
8.00%, 8/1/29⁽⁷⁾		15,394		14,413,325
NESCO Holdings II, Inc., 5.50%, 4/15/29⁽⁷⁾		12,412		12,310,222
Ritchie Bros. Holdings, Inc., 4.75%, 12/15/31⁽⁷⁾		8,615		8,688,314
Sabre GLBL, Inc., 9.25%, 4/15/25⁽⁷⁾		12,280		13,811,684
SRS Distribution, Inc.:
6.00%, 12/1/29⁽⁷⁾		11,046		10,745,604
6.125%, 7/1/29⁽⁷⁾		12,045		11,819,096
Summer (BC) Bidco B, LLC, 5.50%, 10/31/26⁽⁷⁾		14,929		14,645,424
Terminix Co., LLC (The), 7.45%, 8/15/27		18,290		22,559,709
WASH Multifamily Acquisition, Inc., 5.75%, 4/15/26⁽⁷⁾		12,048		12,219,262
WESCO Distribution, Inc.:
7.125%, 6/15/25⁽⁷⁾		8,903		9,336,042
7.25%, 6/15/28⁽⁷⁾		7,946		8,533,845
White Cap Buyer, LLC, 6.875%, 10/15/28⁽⁷⁾		4,497		4,619,723
White Cap Parent, LLC, 8.25%, (8.25% cash or 9.00% PIK), 3/15/26^(7)(13)		6,938		7,049,806

			$	360,375,484

Steel — 1.1%
Allegheny Ludlum, LLC, 6.95%, 12/15/25		9,369	$	10,140,537
Allegheny Technologies, Inc., 5.875%, 12/1/27		2,447		2,496,845
Big River Steel, LLC/BRS Finance Corp., 6.625%, 1/31/29⁽⁷⁾		5,508		5,855,417
Cleveland-Cliffs, Inc., 6.75%, 3/15/26⁽⁷⁾		24,527		25,741,577
Infrabuild Australia Pty, Ltd., 12.00%, 10/1/24⁽⁷⁾		18,189		18,752,041
TMS International Corp., 6.25%, 4/15/29⁽⁷⁾		6,021		5,817,189

			$	68,803,606

Super Retail — 2.9%
Asbury Automotive Group, Inc.:
4.625%, 11/15/29⁽⁷⁾		3,046	$	3,002,625


Security	Principal Amount (000’s omitted)*		Value
5.00%, 2/15/32⁽⁷⁾		2,178	$	2,164,028
Bath & Body Works, Inc.:
6.625%, 10/1/30⁽⁷⁾		8,425		9,059,782
6.75%, 7/1/36		3,883		4,418,970
6.875%, 11/1/35		10,342		11,912,846
6.95%, 3/1/33		8,487		9,256,219
7.60%, 7/15/37		1,923		2,217,498
9.375%, 7/1/25⁽⁷⁾		1,599		1,914,802
Gap, Inc. (The):
3.625%, 10/1/29⁽⁷⁾		8,132		7,577,520
3.875%, 10/1/31⁽⁷⁾		4,783		4,446,444
Group 1 Automotive, Inc., 4.00%, 8/15/28⁽⁷⁾		12,459		11,943,197
Ken Garff Automotive, LLC, 4.875%, 9/15/28⁽⁷⁾		9,199		8,908,174
LCM Investments Holdings II, LLC, 4.875%, 5/1/29⁽⁷⁾		16,322		15,750,159
Lithia Motors, Inc.:
3.875%, 6/1/29⁽⁷⁾		6,549		6,444,183
4.375%, 1/15/31⁽⁷⁾		11,784		11,869,729
4.625%, 12/15/27⁽⁷⁾		3,872		3,973,679
PetSmart, Inc./PetSmart Finance Corp.:
4.75%, 2/15/28⁽⁷⁾		15,916		15,901,674
7.75%, 2/15/29⁽⁷⁾		12,810		13,765,690
Sonic Automotive, Inc.:
4.625%, 11/15/29⁽⁷⁾		13,075		12,785,193
4.875%, 11/15/31⁽⁷⁾		10,894		10,547,734
Victoria’s Secret & Co., 4.625%, 7/15/29⁽⁷⁾		18,554		17,907,950

			$	185,768,096

Technology — 2.9%
Black Knight InfoServ, LLC, 3.625%, 9/1/28⁽⁷⁾		13,576	$	13,046,400
Booz Allen Hamilton, Inc.:
3.875%, 9/1/28⁽⁷⁾		17,280		16,986,154
4.00%, 7/1/29⁽⁷⁾		7,232		7,152,882
CDK Global, Inc., 5.25%, 5/15/29⁽⁷⁾		8,350		8,700,157
Ciena Corp., 4.00%, 1/31/30⁽⁷⁾		9,145		9,067,999
Fair Isaac Corp., 4.00%, 6/15/28⁽⁷⁾		13,114		13,011,842
II-VI, Inc., 5.00%, 12/15/29⁽⁷⁾		10,761		10,757,933
Imola Merger Corp., 4.75%, 5/15/29⁽⁷⁾		25,535		24,886,666
LogMeIn, Inc., 5.50%, 9/1/27⁽⁷⁾		14,051		13,683,145
ON Semiconductor Corp., 3.875%, 9/1/28⁽⁷⁾		14,229		14,161,725
Open Text Corp., 3.875%, 2/15/28⁽⁷⁾		7,623		7,487,616
Open Text Holdings, Inc., 4.125%, 2/15/30⁽⁷⁾		6,669		6,526,317
Presidio Holdings, Inc.:
4.875%, 2/1/27⁽⁷⁾		1,858		1,892,912
8.25%, 2/1/28⁽⁷⁾		16,025		16,938,505
Viavi Solutions, Inc., 3.75%, 10/1/29⁽⁷⁾		8,715		8,467,930
VM Consolidated, Inc., 5.50%, 4/15/29⁽⁷⁾		14,552		14,511,036

			$	187,279,219

Telecommunications — 4.6%
Altice France Holding S.A., 10.50%, 5/15/27⁽⁷⁾		11,966	$	12,715,131
Altice France S.A.:
5.125%, 7/15/29⁽⁷⁾		7,505		6,978,862


Security	Principal Amount (000’s omitted)*		Value
5.50%, 1/15/28⁽⁷⁾		6,163	$	5,893,800
5.50%, 10/15/29⁽⁷⁾		7,934		7,530,635
8.125%, 2/1/27⁽⁷⁾		23,848		25,250,382
Connect Finco S.a.r.l./Connect US Finco, LLC, 6.75%, 10/1/26⁽⁷⁾		25,353		26,309,062
Iliad Holding S.A.S:
6.50%, 10/15/26⁽⁷⁾		9,925		10,068,317
7.00%, 10/15/28⁽⁷⁾		15,042		15,317,344
LCPR Senior Secured Financing DAC, 5.125%, 7/15/29⁽⁷⁾		8,082		7,939,797
Level 3 Financing, Inc.:
4.25%, 7/1/28⁽⁷⁾		24,265		23,192,135
5.25%, 3/15/26		8,495		8,655,173
Sprint Capital Corp., 6.875%, 11/15/28		21,921		26,108,569
Sprint Corp.:
7.125%, 6/15/24		7,445		8,123,947
7.625%, 2/15/25		14,960		16,667,385
7.625%, 3/1/26		6,584		7,548,523
7.875%, 9/15/23		20,119		21,752,562
T-Mobile USA, Inc.:
2.25%, 2/15/26		8,420		8,128,542
2.625%, 2/15/29		10,523		9,887,674
2.875%, 2/15/31		6,314		5,945,641
Telecom Italia SpA, 5.303%, 5/30/24⁽⁷⁾		9,431		9,744,581
Virgin Media Finance PLC, 5.00%, 7/15/30⁽⁷⁾		5,464		5,160,639
Virgin Media Vendor Financing Notes III DAC, 4.875%, 7/15/28⁽⁸⁾	GBP	7,258		9,482,811
Virgin Media Vendor Financing Notes IV DAC, 5.00%, 7/15/28⁽⁷⁾		6,250		5,900,812
Zayo Group Holdings, Inc., 6.125%, 3/1/28⁽⁷⁾		6,246		5,908,091

			$	290,210,415

Transport Excluding Air & Rail — 0.3%
Seaspan Corp., 5.50%, 8/1/29⁽⁷⁾		16,368	$	16,214,141

			$	16,214,141

Utility — 2.9%
Calpine Corp.:
4.50%, 2/15/28⁽⁷⁾		8,179	$	8,011,330
4.625%, 2/1/29⁽⁷⁾		9,552		9,059,451
5.00%, 2/1/31⁽⁷⁾		11,673		11,082,288
5.125%, 3/15/28⁽⁷⁾		11,510		11,255,111
5.25%, 6/1/26⁽⁷⁾		2,399		2,444,581
Drax Finco PLC, 6.625%, 11/1/25⁽⁷⁾		13,633		13,971,303
FirstEnergy Corp., Series B, 4.40%, 7/15/27		16,324		16,653,606
Leeward Renewable Energy Operations, LLC, 4.25%, 7/1/29⁽⁷⁾		8,263		8,089,808
NRG Energy, Inc.:
3.375%, 2/15/29⁽⁷⁾		6,548		6,058,537
3.625%, 2/15/31⁽⁷⁾		10,913		10,141,669
3.875%, 2/15/32⁽⁷⁾		14,645		13,792,661
5.25%, 6/15/29⁽⁷⁾		4,920		5,068,978
5.75%, 1/15/28		8,150		8,446,782
Pattern Energy Operations, L.P./Pattern Energy Operations, Inc., 4.50%, 8/15/28⁽⁷⁾		10,699		10,748,804
TerraForm Power Operating, LLC:
4.25%, 1/31/23⁽⁷⁾		4,625		4,654,692


Security	Principal Amount (000’s omitted)*		Value
4.75%, 1/15/30⁽⁷⁾		5,000	$	5,033,100
5.00%, 1/31/28⁽⁷⁾		13,722		13,921,381
Vistra Operations Co., LLC:
4.375%, 5/1/29⁽⁷⁾		14,285		13,809,167
5.00%, 7/31/27⁽⁷⁾		9,285		9,368,101

			$	181,611,350


Total Corporate Bonds (identified cost $5,551,733,365)			$	5,553,436,287


Preferred Stocks — 0.4%

Security	Shares		Value
Services — 0.4%
WESCO International, Inc., Series A, 10.625% to 6/22/25⁽¹⁰⁾		898,591	$	27,389,054


Total Preferred Stocks (identified cost $25,216,937)			$	27,389,054


Senior Floating-Rate Loans — 6.8%⁽¹⁴⁾

Borrower/Description	Principal Amount (000’s omitted)		Value
Aerospace — 0.1%
TransDigm, Inc., Term Loan, 2.355%, (1 mo. USD LIBOR + 2.25%), 5/30/25	$	5,155	$	5,110,168

			$	5,110,168

Air Transportation — 0.7%
Air Canada, Term Loan, 4.25%, (6 mo. USD LIBOR + 3.50%, Floor 0.75%), 8/11/28	$	12,529	$	12,583,815
Mileage Plus Holdings, LLC, Term Loan, 6.25%, (3 mo. USD LIBOR + 5.25%, Floor 1.00%), 6/21/27		23,010		24,313,258
SkyMiles IP, Ltd., Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), 10/20/27		10,000		10,575,000

			$	47,472,073

Automotive & Auto Parts — 0.4%
Truck Hero, Inc., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), 1/31/28	$	14,947	$	14,930,234
Wheel Pros, LLC, Term Loan, 5.25%, (1 mo. USD LIBOR + 4.50%, Floor 0.75%), 5/11/28		11,965		11,972,491

			$	26,902,725

Cable & Satellite TV — 0.2%
DIRECTV Financing, LLC, Term Loan, 5.75%, (3 mo. USD LIBOR + 5.00%, Floor 0.75%), 8/2/27	$	9,957	$	9,983,260

			$	9,983,260

Diversified Financial Services — 0.0%⁽¹⁾
Golden Nugget, LLC, Term Loan, 13.00%, (1 mo. USD LIBOR + 12.00%, Floor 1.00%), 10/4/23	$	126	$	136,858

			$	136,858


Borrower/Description	Principal Amount (000’s omitted)		Value
Food, Beverage & Tobacco — 0.3%
Post Holdings, Inc., Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), 10/21/24	$	17,244	$	17,281,258

			$	17,281,258

Gaming — 0.6%
Gateway Casinos & Entertainment Limited, Term Loan, 12/1/23⁽¹⁵⁾	$	4,626	$	4,634,320
Playtika Holding Corp., Term Loan, 2.855%, (1 mo. USD LIBOR + 2.75%), 3/13/28		13,285		13,259,821
Spectacle Gary Holdings, LLC, Term Loan, 11/19/28⁽¹⁵⁾		17,868		17,979,675

			$	35,873,816

Healthcare — 1.1%
Heartland Dental, LLC, Term Loan, 4/30/25⁽¹⁵⁾	$	5,378	$	5,386,848
Jazz Financing Lux S.a.r.l., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 5/5/28		34,079		34,126,085
Radnet Management, Inc., Term Loan, 4/21/28⁽¹⁵⁾		6,611		6,608,682
RegionalCare Hospital Partners Holdings, Inc., Term Loan, 3.855%, (1 mo. USD LIBOR + 3.75%), 11/16/25		8,124		8,108,704
Verscend Holding Corp., Term Loan, 4.105%, (1 mo. USD LIBOR + 4.00%), 8/27/25		15,561		15,580,256

			$	69,810,575

Insurance — 0.6%
Asurion, LLC:
Term Loan - Second Lien, 5.355%, (1 mo. USD LIBOR + 5.25%), 1/31/28	$	21,293	$	21,346,696
Term Loan - Second Lien, 5.355%, (1 mo. USD LIBOR + 5.25%), 1/20/29		5,726		5,740,315
Sedgwick Claims Management Services, Inc., Term Loan, 3.355%, (1 mo. USD LIBOR + 3.25%), 12/31/25		11,369		11,312,523

			$	38,399,534

Restaurant — 0.5%
IRB Holding Corp.:
Term Loan, 3.75%, (USD LIBOR + 2.75%, Floor 1.00%), 2/5/25⁽¹⁶⁾	$	14,732	$	14,715,775
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.25%, Floor 1.00%), 12/15/27		14,805		14,805,450

			$	29,521,225

Services — 0.8%
AlixPartners, LLP, Term Loan, 3.25%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 2/4/28	$	13,437	$	13,412,262
Spin Holdco, Inc., Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 3/4/28		22,597		22,619,598
Travelport Finance (Luxembourg) S.a.r.l., Term Loan, 2/28/25⁽¹⁵⁾		16,430		16,915,767

			$	52,947,627

Super Retail — 0.4%
PetSmart, Inc., Term Loan, 4.50%, (6 mo. USD LIBOR + 3.75%, Floor 0.75%), 2/11/28	$	23,958	$	23,950,135

			$	23,950,135

Technology — 1.0%
GoTo Group, Inc., Term Loan, 4.856%, (1 mo. USD LIBOR + 4.75%), 8/31/27	$	16,063	$	15,962,437


Borrower/Description	Principal Amount (000’s omitted)		Value
Presidio Holdings, Inc., Term Loan, 3.791%, (USD LIBOR + 3.50%), 1/22/27⁽¹⁶⁾	$	7,892	$	7,902,209
RealPage, Inc.:
Term Loan, 4/22/28⁽¹⁵⁾		2,993		2,980,240
Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), 4/24/28		16,193		16,127,071
Riverbed Technology, Inc., Term Loan, 9.00%, (3 mo. USD LIBOR + 8.00%, Floor 1.00%), 7.00% cash, 2.00% PIK, 12/8/26		8,465		8,287,195
SS&C Technologies, Inc., Term Loan, 1.855%, (1 mo. USD LIBOR + 1.75%), 4/16/25		13,809		13,686,889

			$	64,946,041

Telecommunications — 0.1%
Intelsat Jackson Holdings S.A., DIP Loan, 5.392%, (3 mo. USD LIBOR + 4.75%, Floor 1.00%), 10/13/22⁽¹⁷⁾	$	7,724	$	7,720,635

			$	7,720,635


Total Senior Floating-Rate Loans (identified cost $427,731,901)			$	430,055,930


Miscellaneous — 0.7%

Security	Principal Amount/ Shares		Value
Cable & Satellite TV — 0.0%
ACC Claims Holdings, LLC⁽²⁾⁽³⁾		11,599,560	$	0

			$	0

Gaming — 0.7%
PGP Investors, LLC, Membership Interests^(2)(3)(4)		57,265	$	42,950,570

			$	42,950,570

Services — 0.0%⁽¹⁾
Hertz Corp., Escrow Certificates⁽³⁾	$	3,679,000	$	220,740

			$	220,740


Total Miscellaneous (identified cost $7,716,696)			$	43,171,310


Short-Term Investments — 4.1%

Description	Units		Value
Eaton Vance Cash Reserves Fund, LLC, 0.08%⁽¹⁸⁾		263,494,075	$	263,467,726


Total Short-Term Investments (identified cost $263,467,726)			$	263,467,726


Total Investments — 101.2% (identified cost $6,374,697,160)			$	6,433,761,264


Less Unfunded Loan Commitments (0.0)%⁽¹⁾				(1,287,376	)


Net Investments — 101.2% (identified cost $6,373,409,784)			$	6,432,473,888


Description	Value

Other Assets, Less Liabilities — (1.2)%	$	(78,334,552	)


Net Assets — 100.0%	$	6,354,139,336

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)	Amount is less than 0.05% or (0.05)%, as applicable.

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

(3)	Non-income producing security.

(4)	Restricted security.

(5)	Shares have not been registered under the Securities Act of 1933, as amended, or any other applicable state securities laws and may only be sold in certain transactions in reliance on an exemption from registration.

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

(7)

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, 2022, the aggregate value of these securities is $4,329,967,426 or 68.1% of the Fund’s net assets.

(8)

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, 2022, the aggregate value of these securities is $66,709,770 or 1.0% of the Fund’s net assets.

(9)	Variable rate security. The stated interest rate represents the rate in effect at January 31, 2022.

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

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

(12)	When-issued security.

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

(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, 2022, at which time the interest rate will be determined.

(16)

The stated interest rate represents the weighted average interest rate at January 31, 2022 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)

Unfunded or partially unfunded loan commitments. The Fund may enter into certain loan agreements all or a portion of which may be unfunded. The Fund is obligated to fund these commitments at the borrower’s discretion. The stated interest rate reflects the weighted average of the reference rate and spread for the funded portion, if any, and the commitment fees on the portion of the loan that is unfunded. At January 31, 2022, the total value of unfunded loan commitments is $1,286,773.

(18)	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, 2022.

Forward Foreign Currency Exchange Contracts


Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation		Unrealized (Depreciation)
USD	5,695,586	CAD	7,282,076	State Street Bank and Trust Company		4/29/22	$	—	$	(32,010	)
USD	9,508,102	EUR	8,500,000	State Street Bank and Trust Company		4/29/22		—		(61,627	)
USD	9,490,740	EUR	8,500,000	State Street Bank and Trust Company		4/29/22		—		(78,990	)
USD	9,482,571	EUR	8,500,000	State Street Bank and Trust Company		4/29/22		—		(87,158	)
USD	13,933,137	EUR	12,476,635	State Street Bank and Trust Company		4/29/22		—		(113,688	)
USD	15,295,179	EUR	13,700,000	State Street Bank and Trust Company		4/29/22		—		(128,973	)
USD	4,723,806	GBP	3,531,940	State Street Bank and Trust Company		4/29/22		—		(24,148	)
USD	4,812,349	GBP	3,600,000	State Street Bank and Trust Company		4/29/22		—		(27,097	)

							$	—	$	(553,691	)

Abbreviations:

DIP

Debtor In Possession

LIBOR

London Interbank Offered Rate

PIK

Payment In Kind

Currency Abbreviations:

CAD

Canadian Dollar

EUR

Euro

GBP

British Pound Sterling

USD

United States Dollar

Restricted Securities

At January 31, 2022, the Fund owned the following securities (representing 0.8% 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(s) of Acquisition		Shares		Cost		Value
Common Stocks
Ascent CNR Corp., Class A		4/25/16, 11/16/16		32,029,863	$	18,931	$	4,163,882
HF Holdings, Inc.		10/27/09		3,400		182,661		552,636
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					$	8,541,716	$	4,716,518

Convertible Preferred Stocks
Nine Point Energy Holdings, Inc., Series A, 12.00% (PIK)		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, 12/17/21		57,265	$	7,716,696	$	42,950,570

Total Miscellaneous					$	7,716,696	$	42,950,570

Total Restricted Securities					$	19,186,412	$	47,667,088

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, 2022, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.

At January 31, 2022, the value of the Fund’s investment in affiliated funds was $263,467,726, which represents 4.1% of the Fund’s net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended January 31, 2022 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		Units, end of period

Short-Term Investments
Eaton Vance Cash Reserves Fund, LLC	$	197,587,104	$	442,325,407	$	(376,426,669	)	$	(18,116	)	$	—	$	263,467,726	$	68,527		263,494,075

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

•

Level 1 — quoted prices in active markets for identical investments

•

Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

•

Level 3 — significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At January 31, 2022, 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	$	38,259,103	$	32,105,256		$	4,716,518	$	75,080,877
Convertible Bonds		—		19,937,017			—		19,937,017
Convertible Preferred Stocks		18,634,816		2,588,247			0		21,223,063
Corporate Bonds		—		5,553,436,287			—		5,553,436,287
Preferred Stocks		27,389,054		—			—		27,389,054
Senior Floating-Rate Loans (Less Unfunded Loan Commitments)		—		428,768,554			—		428,768,554
Miscellaneous		—		220,740			42,950,570		43,171,310
Short-Term Investments		—		263,467,726			—		263,467,726
Total Investments	$	84,282,973	$	6,300,523,827		$	47,667,088	$	6,432,473,888

Liability Description
Forward Foreign Currency Exchange Contracts	$	—	$	(553,691	)	$	—	$	(553,691	)
Total	$	—	$	(553,691	)	$	—	$	(553,691	)

*	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, 2022 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.

Eaton Vance Series Trust Ii NPORT-PEaton Vance Income Fund of Boston (Jan 2022 report)