Eaton Vance Growth Trust

N-Q 1 d564589dnq.htm EATON VANCE GROWTH TRUST Eaton Vance Growth Trust

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

811-01241

Investment Company Act File Number

Eaton Vance Growth Trust

(Exact Name of Registrant as Specified in Charter)

Two International Place, Boston, Massachusetts 02110

(Address of Principal Executive Offices)

Maureen A. Gemma

Two International Place, Boston, Massachusetts 02110

(Name and Address of Agent for Services)

(617) 482-8260

(Registrant’s Telephone Number, Including Area Code)

August 31

Date of Fiscal Year End

May 31, 2013

Date of Reporting Period

Item 1. Schedule of Investments

Eaton Vance Asian Small Companies Fund

Eaton Vance Greater China Growth Fund

Eaton Vance Multi-Cap Growth Fund

Eaton Vance Worldwide Health Sciences Fund

Eaton Vance Richard Bernstein Equity Strategy Fund

Eaton Vance Richard Bernstein All Asset Strategy Fund

Eaton Vance

Asian Small Companies Fund

May 31, 2013 (Unaudited)

Eaton Vance Asian Small Companies Fund (the Fund), a diversified series of Eaton Vance Growth Trust, invests substantially all of its assets in Asian Small Companies Portfolio (the Portfolio) and owns a pro rata interest in the Portfolio’s net assets. At May 31, 2013, the value of the Fund’s investment in the Portfolio was $33,633,592 and the Fund owned 50.3% of the Portfolio’s outstanding interests. The Portfolio’s Portfolio of Investments is set forth below.

Asian Small Companies Portfolio

May 31, 2013

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 97.3%


Security	Shares		Value
Cambodia — 1.5%
Hotels, Restaurants & Leisure — 1.5%
NagaCorp, Ltd.		1,206,000	$	995,112

			$	995,112


Total Cambodia (identified cost $996,909)			$	995,112

China — 12.7%
Building Products — 1.0%
Bolina Holding Co., Ltd.		1,656,000	$	669,794

			$	669,794

Containers & Packaging — 4.3%
Youyuan International Holdings, Ltd.		8,584,400	$	2,871,498

			$	2,871,498

Electronic Equipment, Instruments & Components — 1.3%
Kingboard Laminates Holdings, Ltd.		2,075,000	$	873,259

			$	873,259

Food Products — 2.9%
Biostime International Holdings, Ltd.		350,000	$	1,957,483

			$	1,957,483

Household Products — 1.5%
Vinda International Holdings, Ltd.		746,000	$	957,091

			$	957,091

Machinery — 0.6%
Lonking Holdings, Ltd.⁽¹⁾		1,793,000	$	403,909

			$	403,909

Real Estate Management & Development — 1.1%
SOHO China, Ltd.		890,000	$	754,299

			$	754,299


Total China (identified cost $6,412,092)			$	8,487,333

Hong Kong — 7.6%
Commercial Banks — 1.3%
Dah Sing Financial Holdings Ltd.		200,000	$	889,790

			$	889,790

Diversified Financial Services — 2.4%
First Pacific Co., Ltd.		574,000	$	759,670
Public Financial Holdings, Ltd.		1,684,000		830,896

			$	1,590,566


Security	Shares		Value
Hotels, Restaurants & Leisure — 0.8%
Future Bright Holdings, Ltd.		1,704,000	$	578,952

			$	578,952

Multiline Retail — 0.4%
AEON Stores (Hong Kong) Co., Ltd.		117,500	$	246,897

			$	246,897

Specialty Retail — 1.0%
Luk Fook Holdings (International), Ltd.		251,000	$	652,490

			$	652,490

Textiles, Apparel & Luxury Goods — 1.7%
Stella International Holdings, Ltd.		409,000	$	1,142,552

			$	1,142,552


Total Hong Kong (identified cost $4,801,063)			$	5,101,247

India — 9.9%
Diversified Financial Services — 1.8%
Multi Commodity Exchange of India, Ltd.		79,810	$	1,204,360

			$	1,204,360

Household Products — 3.5%
Jyothy Laboratories, Ltd.		659,879	$	2,372,918

			$	2,372,918

Personal Products — 3.1%
Godrej Consumer Products, Ltd.		134,800	$	2,058,475

			$	2,058,475

Real Estate Management & Development — 1.5%
Oberoi Realty, Ltd.		238,380	$	982,436

			$	982,436


Total India (identified cost $5,763,205)			$	6,618,189

Indonesia — 3.2%
Consumer Finance — 1.0%
Clipan Finance Indonesia Tbk PT		15,210,500	$	666,444

			$	666,444

Food Products — 2.2%
Mayora Indah Tbk PT		397,500	$	1,467,167

			$	1,467,167


Total Indonesia (identified cost $1,386,137)			$	2,133,611

Malaysia — 13.0%
Construction & Engineering — 1.5%
Mudajaya Group Bhd		1,182,566	$	1,009,979

			$	1,009,979


Security	Shares		Value
Food Products — 1.4%
Oldtown Bhd		971,900	$	947,246

			$	947,246

Media — 0.6%
Media Prima Bhd		380,400	$	368,062

			$	368,062

Multiline Retail — 5.0%
Aeon Co. (M) Bhd		578,200	$	3,361,396

			$	3,361,396

Real Estate Management & Development — 1.9%
UOA Development Bhd		1,499,800	$	1,285,469

			$	1,285,469

Specialty Retail — 2.6%
Padini Holdings Bhd		2,633,400	$	1,738,245

			$	1,738,245


Total Malaysia (identified cost $5,257,088)			$	8,710,397

Singapore — 22.0%
Air Freight & Logistics — 1.4%
Singapore Post, Ltd.		869,000	$	900,324

			$	900,324

Consumer Finance — 1.6%
Hong Leong Finance, Ltd.		508,000	$	1,091,998

			$	1,091,998

Food Products — 4.3%
Super Group, Ltd.		776,000	$	2,886,670

			$	2,886,670

IT Services — 1.3%
CSE Global, Ltd.		1,302,000	$	882,966

			$	882,966

Multiline Retail — 2.9%
Parkson Retail Asia, Ltd.		1,549,000	$	1,948,577

			$	1,948,577

Real Estate Investment Trusts (REITs) — 2.8%
CDL Hospitality Trusts		1,280,000	$	1,857,458

			$	1,857,458

Real Estate Management & Development — 1.2%
Perennial China Retail Trust		1,788,000	$	826,011

			$	826,011

Specialty Retail — 5.2%
OSIM International, Ltd.		2,184,000	$	3,478,624

			$	3,478,624

Wireless Telecommunication Services — 1.3%
StarHub, Ltd.		268,000	$	849,363

			$	849,363


Total Singapore (identified cost $10,192,787)			$	14,721,991


Security	Shares		Value
South Korea — 5.7%
Commercial Banks — 1.5%
BS Financial Group, Inc.		73,760	$	1,015,910

			$	1,015,910

Hotels, Restaurants & Leisure — 2.2%
Hotel Shilla Co., Ltd.		26,710	$	1,464,827

			$	1,464,827

Internet & Catalog Retail — 2.0%
CJ O Shopping Co., Ltd.		4,571	$	1,286,199

			$	1,286,199


Total South Korea (identified cost $2,986,463)			$	3,766,936

Taiwan — 12.1%
Health Care Equipment & Supplies — 7.5%
Pacific Hospital Supply Co., Ltd.		550,000	$	1,830,276
St. Shine Optical Co., Ltd.		141,000		3,164,394

			$	4,994,670

Hotels, Restaurants & Leisure — 1.0%
Formosa International Hotels Corp.		57,000	$	661,613

			$	661,613

Leisure Equipment & Products — 1.5%
Giant Manufacturing Co., Ltd.		148,000	$	1,025,937

			$	1,025,937

Semiconductors & Semiconductor Equipment — 2.1%
Radiant Opto-Electronics Corp.		373,187	$	1,407,179

			$	1,407,179


Total Taiwan (identified cost $5,484,094)			$	8,089,399

Thailand — 9.6%
Insurance — 3.3%
Bangkok Life Assurance PCL⁽²⁾		431,500	$	932,498
Thai Reinsurance PCL⁽¹⁾⁽²⁾		6,255,300		1,309,267

			$	2,241,765

Media — 1.3%
Major Cineplex Group PCL⁽²⁾		1,113,200	$	856,929

			$	856,929

Real Estate Management & Development — 5.0%
Pruksa Real Estate PCL⁽²⁾		865,400	$	730,940
Ticon Industrial Connection PCL⁽²⁾		3,583,875		2,607,465

			$	3,338,405


Total Thailand (identified cost $3,411,538)			$	6,437,099


Total Common Stocks (identified cost $46,691,376)			$	65,061,314


Short-Term Investments — 2.5%

Description	Principal Amount (000’s omitted)		Value
State Street Bank and Trust Euro Time Deposit, 0.01%, 6/3/13	$	1,712	$	1,711,576


Total Short-Term Investments (identified cost $1,711,576)			$	1,711,576


Total Investments — 99.8% (identified cost $48,402,952)			$	66,772,890


Other Assets, Less Liabilities — 0.2%			$	105,679


Net Assets — 100.0%			$	66,878,569

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.



PCL	-	Public Company Ltd.

(1)	Non-income producing security.

(2)	Indicates a foreign registered security. Shares issued to foreign investors in markets that have foreign ownership limits.

The Portfolio did not have any open financial instruments at May 31, 2013.

The cost and unrealized appreciation (depreciation) of investments of the Portfolio at May 31, 2013, as determined on a federal income tax basis, were as follows:


Aggregate cost	$	48,725,659

Gross unrealized appreciation	$	19,701,186
Gross unrealized depreciation		(1,653,955	)

Net unrealized appreciation	$	18,047,231

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 May 31, 2013, the hierarchy of inputs used in valuing the Portfolio’s investments, which are carried at value, were as follows:


Asset Description	Level 1		Level 2			Level 3		Total
Common Stocks	$	—	$	65,061,314	⁽¹⁾⁽²⁾	$	—	$	65,061,314
Short-Term Investments		—		1,711,576			—		1,711,576
Total Investments	$	—	$	66,772,890		$	—	$	66,772,890

(1)	The level classification by major category of investments is the same as the category presentation in the Portfolio of Investments.

(2)	Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.

The Portfolio held no investments or other financial instruments as of August 31, 2012 whose fair value was determined using Level 3 inputs. At May 31, 2013, there were no investments transferred between Level 1 and Level 2 during the fiscal year to date then ended.

For information on the Portfolio’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Portfolio’s most recent financial statements included in its semiannual or annual report to shareholders.

Eaton Vance

Greater China Growth Fund

May 31, 2013

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 99.1%


Security	Shares		Value
China — 47.5%
Airlines — 1.0%
Air China, Ltd., Class H		1,862,000	$	1,530,989

			$	1,530,989

Automobiles — 1.0%
Great Wall Motor Co., Ltd., Class H		303,000	$	1,435,253

			$	1,435,253

Commercial Banks — 9.6%
China Construction Bank Corp., Class H		7,371,110	$	5,952,247
China Merchants Bank Co., Ltd., Class H		534,000		1,068,680
Industrial & Commercial Bank of China, Ltd., Class H		9,965,000		6,997,588

			$	14,018,515

Computers & Peripherals — 2.3%
Lenovo Group, Ltd.		3,244,000	$	3,319,376

			$	3,319,376

Containers & Packaging — 1.0%
CPMC Holdings, Ltd.		1,822,000	$	1,401,449
Greatview Aseptic Packaging Co., Ltd.		200,000		124,574

			$	1,526,023

Diversified Consumer Services — 2.0%
New Oriental Education & Technology Group, Inc. ADR		130,430	$	2,912,502

			$	2,912,502

Electronic Equipment, Instruments & Components — 1.5%
Sunny Optical Technology (Group) Co., Ltd.		1,515,000	$	2,163,176

			$	2,163,176

Energy Equipment & Services — 2.6%
China Oilfield Services, Ltd., Class H		724,000	$	1,522,220
SPT Energy Group, Inc.		3,448,000		2,238,071

			$	3,760,291

Food Products — 2.8%
Biostime International Holdings, Ltd.		502,500	$	2,810,386
Want Want China Holdings, Ltd.		893,000		1,313,335

			$	4,123,721

Gas Utilities — 1.0%
Towngas China Co., Ltd.		1,383,000	$	1,421,171

			$	1,421,171

Household Durables — 1.8%
Haier Electronics Group Co., Ltd.⁽¹⁾		1,526,000	$	2,707,170

			$	2,707,170

Insurance — 3.8%
China Pacific Insurance (Group) Co., Ltd., Class H		909,800	$	3,057,027
Ping An Insurance (Group) Co. of China, Ltd., Class H		331,000		2,450,087

			$	5,507,114


Security	Shares		Value
Internet & Catalog Retail — 1.9%
Ctrip.com International, Ltd. ADR⁽¹⁾		89,650	$	2,792,598

			$	2,792,598

Internet Software & Services — 4.1%
Tencent Holdings, Ltd.		152,300	$	5,986,868

			$	5,986,868

Oil, Gas & Consumable Fuels — 3.2%
China Suntien Green Energy Corp., Class H		4,166,000	$	1,505,942
CNOOC, Ltd.		1,117,000		1,953,825
Kunlun Energy Co., Ltd.		654,000		1,248,148

			$	4,707,915

Pharmaceuticals — 1.1%
Sino Biopharmaceutical, Ltd.		2,264,000	$	1,580,897

			$	1,580,897

Real Estate Management & Development — 2.9%
China Overseas Land & Investment, Ltd.		536,000	$	1,585,440
Longfor Properties Co., Ltd.		1,616,000		2,733,139

			$	4,318,579

Specialty Retail — 0.4%
Belle International Holdings, Ltd.		390,000	$	598,585

			$	598,585

Textiles, Apparel & Luxury Goods — 1.1%
Shenzhou International Group Holdings, Ltd.		466,000	$	1,580,240

			$	1,580,240

Wireless Telecommunication Services — 2.4%
China Mobile, Ltd.		334,500	$	3,526,379

			$	3,526,379


Total China (identified cost $55,064,744)			$	69,517,362


Hong Kong — 29.7%
Commercial Banks — 2.0%
BOC Hong Kong (Holdings), Ltd.		857,000	$	2,859,726

			$	2,859,726

Communications Equipment — 2.1%
AAC Technologies Holdings, Inc.		526,500	$	3,001,870

			$	3,001,870

Hotels, Restaurants & Leisure — 6.1%
Future Bright Holdings, Ltd.		3,372,000	$	1,145,672
Langham Hospitality Investments, Ltd.⁽¹⁾		2,764,000		1,573,813
Sands China, Ltd.		572,400		3,023,672
SJM Holdings, Ltd.		596,000		1,605,447
Tsui Wah Holdings, Ltd.⁽¹⁾		2,368,000		1,638,822

			$	8,987,426

Household Durables — 2.0%
Techtronic Industries Co., Ltd.		1,156,500	$	2,906,542

			$	2,906,542


Security	Shares		Value
Industrial Conglomerates — 2.3%
Hutchison Whampoa, Ltd.		317,000	$	3,355,896

			$	3,355,896

Insurance — 3.7%
AIA Group, Ltd.		1,237,800	$	5,472,307

			$	5,472,307

Leisure Equipment & Products — 1.6%
Goodbaby International Holdings, Ltd.		4,380,000	$	2,384,157

			$	2,384,157

Real Estate Management & Development — 7.9%
Cheung Kong (Holdings), Ltd.		255,000	$	3,591,206
Hongkong Land Holdings, Ltd.		386,000		2,668,594
Swire Properties, Ltd.		829,600		2,578,762
Wharf (Holdings), Ltd. (The)		313,000		2,779,602

			$	11,618,164

Semiconductors & Semiconductor Equipment — 1.0%
ASM Pacific Technology, Ltd.		120,000	$	1,440,529

			$	1,440,529

Specialty Retail — 0.7%
Stelux Holdings International, Ltd.		2,755,000	$	1,008,554

			$	1,008,554

Textiles, Apparel & Luxury Goods — 0.3%
Li & Fung, Ltd.		308,000	$	428,237

			$	428,237


Total Hong Kong (identified cost $32,857,799)			$	43,463,408


Luxembourg — 1.5%
Specialty Retail — 0.8%
L’Occitane International SA		473,500	$	1,243,176

			$	1,243,176

Textiles, Apparel & Luxury Goods — 0.7%
Samsonite International SA		371,100	$	960,860

			$	960,860


Total Luxembourg (identified cost $2,160,020)			$	2,204,036


Singapore — 2.0%
Industrial Conglomerates — 2.0%
Jardine Matheson Holdings, Ltd.		45,600	$	2,992,508

			$	2,992,508


Total Singapore (identified cost $2,254,598)			$	2,992,508


Taiwan — 18.4%
Construction & Engineering — 1.1%
CTCI Corp.		751,000	$	1,541,593

			$	1,541,593


Security	Shares		Value
Electrical Equipment — 0.5%
Teco Electric & Machinery Co., Ltd.		719,000	$	768,650

			$	768,650

Electronic Equipment, Instruments & Components — 2.6%
Delta Electronics, Inc.		488,000	$	2,326,975
TPK Holding Co., Ltd.		73,000		1,436,912

			$	3,763,887

Health Care Equipment & Supplies — 2.0%
St. Shine Optical Co., Ltd.		128,000	$	2,872,641

			$	2,872,641

Hotels, Restaurants & Leisure — 1.5%
Formosa International Hotels Corp.		192,000	$	2,228,593

			$	2,228,593

Real Estate Management & Development — 1.5%
Ruentex Development Co., Ltd.		1,176,000	$	2,265,266

			$	2,265,266

Semiconductors & Semiconductor Equipment — 9.2%
MediaTek, Inc.		201,000	$	2,481,286
Taiwan Semiconductor Manufacturing Co., Ltd.		3,020,839		10,984,147

			$	13,465,433


Total Taiwan (identified cost $19,219,316)			$	26,906,063


Total Common Stocks (identified cost $111,556,477)			$	145,083,377


Short-Term Investments — 0.5%

Description	Principal Amount (000’s omitted)		Value
State Street Bank and Trust Euro Time Deposit, 0.01%, 6/3/13	$	735	$	734,581


Total Short-Term Investments (identified cost $734,581)			$	734,581


Total Investments — 99.6% (identified cost $112,291,058)			$	145,817,958


Other Assets, Less Liabilities — 0.4%			$	598,296


Net Assets — 100.0%			$	146,416,254

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.



ADR	-	American Depositary Receipt

(1)	Non-income producing security.

The Fund did not have any open financial instruments at May 31, 2013.

The cost and unrealized appreciation (depreciation) of investments of the Fund at May 31, 2013, as determined on a federal income tax basis, were as follows:


Aggregate cost	$	112,416,510

Gross unrealized appreciation	$	35,362,291
Gross unrealized depreciation		(1,960,843	)

Net unrealized appreciation	$	33,401,448

•

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)

At May 31, 2013, the hierarchy of inputs used in valuing the Fund’s investments, which are carried at value, were as follows:


Asset Description	Level 1		Level 2			Level 3		Total
Common Stocks
Consumer Discretionary	$	7,278,913	$	24,894,980		$	—	$	32,173,893
Consumer Staples		—		4,123,721			—		4,123,721
Energy		—		8,468,206			—		8,468,206
Financials		—		46,059,671			—		46,059,671
Health Care		—		4,453,538			—		4,453,538
Industrials		—		10,189,636			—		10,189,636
Information Technology		—		33,141,139			—		33,141,139
Materials		—		1,526,023			—		1,526,023
Telecommunication Services		—		3,526,379			—		3,526,379
Utilities		—		1,421,171			—		1,421,171
Total Common Stocks	$	7,278,913	$	137,804,464	*	$	—	$	145,083,377
Short-Term Investments	$	—	$	734,581		$	—	$	734,581
Total Investments	$	7,278,913	$	138,539,045		$	—	$	145,817,958

*	Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.

The Fund held no investments or other financial instruments as of August 31, 2012 whose fair value was determined using Level 3 inputs. At May 31, 2013, there were no investments transferred between Level 1 and Level 2 during the fiscal year to date then ended.

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

Multi-Cap Growth Fund

May 31, 2013

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 97.3%⁽¹⁾


Security	Shares		Value
Aerospace & Defense — 1.6%
Precision Castparts Corp.		10,900	$	2,331,728

			$	2,331,728

Beverages — 2.4%
Anheuser-Busch InBev NV ADR		18,900	$	1,737,288
Beam, Inc.		27,400		1,776,616

			$	3,513,904

Biotechnology — 5.3%
Biogen Idec, Inc.⁽²⁾		7,200	$	1,709,928
Celgene Corp.⁽²⁾		13,300		1,644,545
Gilead Sciences, Inc.⁽²⁾		58,600		3,192,528
Vertex Pharmaceuticals, Inc.⁽²⁾		15,500		1,244,805

			$	7,791,806

Building Products — 1.6%
Fortune Brands Home & Security, Inc.		56,100	$	2,371,908

			$	2,371,908

Capital Markets — 1.9%
Charles Schwab Corp. (The)		78,100	$	1,551,066
T. Rowe Price Group, Inc.		16,200		1,228,932

			$	2,779,998

Chemicals — 5.1%
Celanese Corp., Series A		24,850	$	1,226,347
Cytec Industries, Inc.		17,600		1,257,872
Monsanto Co.		33,200		3,341,248
Praxair, Inc.		14,800		1,692,084

			$	7,517,551

Commercial Banks — 2.2%
First Republic Bank		31,900	$	1,185,404
Wells Fargo & Co.		49,800		2,019,390

			$	3,204,794

Commercial Services & Supplies — 1.3%
Waste Connections, Inc.		48,199	$	1,939,528

			$	1,939,528

Communications Equipment — 1.9%
QUALCOMM, Inc.		23,400	$	1,485,432
Riverbed Technology, Inc.⁽²⁾		83,300		1,287,818

			$	2,773,250

Computers & Peripherals — 6.5%
Apple, Inc.		14,500	$	6,520,360
EMC Corp.⁽²⁾		120,600		2,986,056

			$	9,506,416

Diversified Financial Services — 1.7%
Citigroup, Inc.		46,500	$	2,417,535

			$	2,417,535

Electrical Equipment — 1.5%
AMETEK, Inc.		51,200	$	2,209,280

			$	2,209,280


Security	Shares		Value
Electronic Equipment, Instruments & Components — 0.8%
InvenSense, Inc.⁽²⁾⁽³⁾		86,300	$	1,111,544

			$	1,111,544

Energy Equipment & Services — 0.9%
Halliburton Co.		29,800	$	1,247,130

			$	1,247,130

Food & Staples Retailing — 1.2%
Whole Foods Market, Inc.		34,600	$	1,794,356

			$	1,794,356

Food Products — 3.8%
Green Mountain Coffee Roasters, Inc.⁽²⁾⁽³⁾		21,500	$	1,572,295
Hershey Co. (The)		22,000		1,960,420
Mondelez International, Inc., Class A		68,200		2,009,172

			$	5,541,887

Health Care Equipment & Supplies — 3.2%
Analogic Corp.		15,700	$	1,247,993
Globus Medical, Inc., Class A⁽²⁾⁽³⁾		83,100		1,213,260
Stryker Corp.		33,900		2,250,621

			$	4,711,874

Health Care Providers & Services — 1.8%
Brookdale Senior Living, Inc.⁽²⁾		43,900	$	1,244,565
MEDNAX, Inc.⁽²⁾		14,600		1,355,318

			$	2,599,883

Household Products — 0.8%
Colgate-Palmolive Co.		21,000	$	1,214,640

			$	1,214,640

Industrial Conglomerates — 1.2%
Danaher Corp.		29,200	$	1,805,144

			$	1,805,144

Internet & Catalog Retail — 4.7%
Amazon.com, Inc.⁽²⁾		12,100	$	3,255,263
priceline.com, Inc.⁽²⁾		3,100		2,492,183
Shutterfly, Inc.⁽²⁾		23,500		1,145,390

			$	6,892,836

Internet Software & Services — 7.7%
eBay, Inc.⁽²⁾		51,900	$	2,807,790
Equinix, Inc.⁽²⁾		6,000		1,215,840
Google, Inc., Class A⁽²⁾		7,400		6,441,034
LinkedIn Corp., Class A⁽²⁾		2,600		435,578
Pandora Media, Inc.⁽²⁾⁽³⁾		21,500		365,930

			$	11,266,172

IT Services — 3.7%
Accenture PLC, Class A		29,200	$	2,397,612
Visa, Inc., Class A		16,900		3,010,566

			$	5,408,178

Leisure Equipment & Products — 1.5%
Polaris Industries, Inc.		23,598	$	2,253,845

			$	2,253,845

Machinery — 1.5%
Colfax Corp.⁽²⁾		24,300	$	1,212,570
Stanley Black & Decker, Inc.		12,600		998,172

			$	2,210,742


Security	Shares		Value
Media — 2.2%
ReachLocal, Inc.⁽²⁾⁽³⁾		41,100	$	571,290
Walt Disney Co. (The)		42,300		2,668,284

			$	3,239,574

Multiline Retail — 1.7%
Dollar General Corp.⁽²⁾		46,374	$	2,448,547

			$	2,448,547

Oil, Gas & Consumable Fuels — 4.7%
Alpha Natural Resources, Inc.⁽²⁾		75,600	$	505,008
Concho Resources, Inc.⁽²⁾		19,400		1,623,004
EOG Resources, Inc.		14,500		1,871,950
Occidental Petroleum Corp.		16,300		1,500,741
Range Resources Corp.		17,900		1,345,722

			$	6,846,425

Pharmaceuticals — 4.1%
Allergan, Inc.		22,200	$	2,208,678
Perrigo Co.		18,700		2,167,517
Roche Holding AG ADR		26,400		1,645,776

			$	6,021,971

Real Estate Investment Trusts (REITs) — 1.4%
American Tower Corp.		25,900	$	2,016,056

			$	2,016,056

Road & Rail — 2.4%
J.B. Hunt Transport Services, Inc.		22,300	$	1,642,618
Kansas City Southern		17,346		1,920,202

			$	3,562,820

Semiconductors & Semiconductor Equipment — 1.7%
Cypress Semiconductor Corp.⁽²⁾		97,400	$	1,094,776
Monolithic Power Systems, Inc.		55,300		1,358,721

			$	2,453,497

Software — 3.9%
Adobe Systems, Inc.⁽²⁾		8,084	$	346,884
Infoblox, Inc.⁽²⁾		77,265		1,879,858
salesforce.com, inc.⁽²⁾		43,600		1,845,588
VMware, Inc., Class A⁽²⁾		23,900		1,699,768

			$	5,772,098

Specialty Retail — 6.1%
DSW, Inc., Class A		21,500	$	1,590,785
Home Depot, Inc. (The)		31,507		2,478,341
Ross Stores, Inc.		34,000		2,186,200
Tractor Supply Co.		24,000		2,687,520

			$	8,942,846

Textiles, Apparel & Luxury Goods — 1.0%
VF Corp.		7,700	$	1,415,722

			$	1,415,722

Trading Companies & Distributors — 2.3%
United Rentals, Inc.⁽²⁾⁽³⁾		19,100	$	1,085,644
W.W. Grainger, Inc.		8,800		2,265,472

			$	3,351,116


Total Common Stocks (identified cost $113,557,554)			$	142,486,601



Short-Term Investments — 5.9%

Description					Interest (000’s omitted)		Value
Eaton Vance Cash Collateral Fund, LLC, 0.07%⁽⁴⁾⁽⁵⁾					$	4,144	$	4,144,077
Eaton Vance Cash Reserves Fund, LLC, 0.11%⁽⁵⁾						4,426		4,426,379


Total Short-Term Investments (identified cost $8,570,456)							$	8,570,456


Total Investments — 103.2% (identified cost $122,128,010)							$	151,057,057


Covered Call Options Written — (0.0)%⁽⁶⁾
Security	Number of Contracts		Strike Price		Expiration Date		Value
Amazon.com, Inc.		6	$	275.00		6/22/13	$	(2,355	)
Apple, Inc.		15		465.00		6/22/13		(7,913	)
Biogen Idec, Inc.		7		255.00		6/22/13		(1,190	)
Celanese Corp., Series A		25		52.50		6/22/13		(1,125	)
Celgene Corp.		13		135.00		6/22/13		(1,098	)
Citigroup, Inc.		23		55.00		6/22/13		(782	)
Fortune Brands Home & Security, Inc.		28		45.00		6/22/13		(840	)
Gilead Sciences, Inc.		59		62.50		6/22/13		(619	)
Home Depot, Inc. (The)		16		82.50		6/22/13		(352	)
LinkedIn Corp., Class A		26		185.00		6/22/13		(3,120	)
Precision Castparts Corp.		11		220.00		6/22/13		(1,733	)
priceline.com, Inc.		2		830.00		6/22/13		(2,040	)
Shutterfly, Inc.		59		52.50		6/22/13		(3,098	)
Stanley Black & Decker, Inc.		17		85.00		6/22/13		(170	)
T. Rowe Price Group, Inc.		8		80.00		6/22/13		(180	)


Total Covered Call Options Written (premiums received $38,291)							$	(26,615	)


Other Assets, Less Liabilities — (3.2)%							$	(4,600,699	)


Net Assets — 100.0%							$	146,429,743

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.



ADR	-	American Depositary Receipt

(1)	All or a portion of each applicable common stock for which a written call option is outstanding at May 31, 2013 has been pledged as collateral for such written option.

(2)	Non-income producing security.

(3)	All or a portion of this security was on loan at May 31, 2013.

(4)

The amount invested in Eaton Vance Cash Collateral Fund, LLC represents cash collateral received for securities on loan at May 31, 2013. Other Assets, Less Liabilities includes an equal and offsetting liability of the Fund to repay collateral amounts upon the return of loaned securities. At May 31, 2013, the Fund loaned securities having a market value of $3,989,206 and received $4,144,077 of cash collateral for the loans.

(5)

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 May 31, 2013. Income earned from investments in Eaton Vance Cash Collateral Fund, LLC (excluding loan rebate fees) and net income allocated from the investment in Eaton Vance Cash Reserves Fund, LLC for the fiscal year to date ended May 31, 2013 were $4,002 and $2,923, respectively.

(6)	Amount is less than 0.05%.

The cost and unrealized appreciation (depreciation) of investments of the Fund at May 31, 2013, as determined on a federal income tax basis, were as follows:


Aggregate cost	$	122,018,358

Gross unrealized appreciation	$	29,732,616
Gross unrealized depreciation		(693,917	)

Net unrealized appreciation	$	29,038,699

Written options activity for the fiscal year to date ended May 31, 2013 was as follows:


	Number of Contracts			Premiums Received
Outstanding, beginning of period		952		$	72,241
Options written		4,149			474,544
Options terminated in closing purchase transactions		(739	)		(111,374	)
Options exercised		(1,346	)		(134,129	)
Options expired		(2,701	)		(262,991	)

Outstanding, end of period		315		$	38,291

At May 31, 2013, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

The Fund is subject to equity price risk in the normal course of pursuing its investment objective. The Fund enters into option transactions on individual securities that it holds to generate premium income.

At May 31, 2013, the aggregate fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) in a liability position and whose primary underlying risk exposure is equity price risk was $26,615.

•

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)

At May 31, 2013, 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	$	142,486,601	*	$	—	$	—	$	142,486,601
Short-Term Investments		—			8,570,456		—		8,570,456
Total Investments	$	142,486,601		$	8,570,456	$	—	$	151,057,057

Liability Description
Covered Call Options Written	$	(26,615	)	$	—	$	—	$	(26,615	)
Total	$	(26,615	)	$	—	$	—	$	(26,615	)

*	The level classification by major category of investments is the same as the category presentation in the Portfolio of Investments.

Eaton Vance

Worldwide Health Sciences Fund

May 31, 2013 (Unaudited)

Eaton Vance Worldwide Health Sciences Fund (the Fund), a diversified series of Eaton Vance Growth Trust, invests substantially all of its assets in Worldwide Health Sciences Portfolio (the Portfolio) and owns a pro rata interest in the Portfolio’s net assets. At May 31, 2013, the value of the Fund’s investment in the Portfolio was $1,098,619,584 and the Fund owned 99.6% of the Portfolio’s outstanding interests. The Portfolio’s Portfolio of Investments is set forth below.

Worldwide Health Sciences Portfolio

May 31, 2013

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 100.00%


Security	Shares		Value		Percentage of Net Assets
Major Capitalization – Europe — 13.24%⁽¹⁾
Actelion, Ltd.⁽²⁾		407,300	$	24,328,869		2.21	%
Novartis AG		341,000		24,426,510		2.21
Roche Holding AG PC		220,000		54,546,005		4.95
Sanofi		400,000		42,651,263		3.87

			$	145,952,647		13.24	%

Major Capitalization – Far East — 7.75%⁽¹⁾
Mitsubishi Tanabe Pharma Corp.		1,433,000	$	18,251,681		1.66	%
Ono Pharmaceutical Co., Ltd.		497,700		34,609,205		3.14
Shandong Weigao Group Medical Polymer Co., Ltd., Class H		18,912,900		23,915,431		2.17
Sinopharm Group Co., Ltd., Class H		3,200,000		8,643,255		0.78

			$	85,419,572		7.75	%

Major Capitalization – North America — 55.23%⁽¹⁾
AbbVie, Inc.		688,000	$	29,370,720		2.66	%
Actavis, Inc.⁽²⁾		135,500		16,705,795		1.51
Aetna, Inc.		150,000		9,057,000		0.82
Agilent Technologies, Inc.		240,000		10,908,000		0.99
Allergan, Inc.		95,000		9,451,550		0.86
Amgen, Inc.		351,000		35,286,030		3.20
Baxter International, Inc.		191,000		13,433,030		1.22
Biogen Idec, Inc.⁽²⁾		77,000		18,286,730		1.66
BioMarin Pharmaceutical, Inc.⁽²⁾		214,000		13,417,800		1.22
Bristol-Myers Squibb Co.		788,000		36,255,880		3.29
Celgene Corp.⁽²⁾		157,000		19,413,050		1.76
Cigna Corp.		94,000		6,382,600		0.58
Express Scripts Holding Co.⁽²⁾		442,000		27,457,040		2.49
Gilead Sciences, Inc.⁽²⁾		920,000		50,121,600		4.54
HCA Holdings, Inc.		1,100,000		42,966,000		3.90
Humana, Inc.		46,000		3,715,880		0.34
Illumina, Inc.⁽²⁾		282,700		19,879,464		1.80
Merck & Co., Inc.		734,000		34,277,800		3.11
Mylan, Inc.⁽²⁾		1,070,000		32,613,600		2.96
Onyx Pharmaceuticals, Inc.⁽²⁾		292,000		27,871,400		2.53
Pfizer, Inc.		1,447,400		39,412,702		3.57
Quintiles Transnational Holdings, Inc.⁽²⁾		255,000		11,230,200		1.02
Thermo Fisher Scientific, Inc.		376,000		33,200,800		3.01
UnitedHealth Group, Inc.		261,000		16,346,430		1.48
Vertex Pharmaceuticals, Inc.⁽²⁾		198,500		15,941,535		1.45
WellPoint, Inc.		250,000		19,242,500		1.74
Zimmer Holdings, Inc.		213,000		16,722,630		1.52

			$	608,967,766		55.23	%

Small & Mid Capitalization – Europe — 0.56%⁽¹⁾
Given Imaging, Ltd.⁽²⁾		430,000	$	6,166,200		0.56	%

			$	6,166,200		0.56	%


Security	Shares		Value		Percentage of Net Assets
Small & Mid Capitalization – Far East — 7.14%⁽¹⁾
Biosensors International Group, Ltd.⁽²⁾		13,628,000	$	12,837,814		1.16	%
China Shineway Pharmaceutical Group, Ltd.		4,250,000		8,134,374		0.74
Nichi-Iko Pharmaceutical Co., Ltd.		660,000		14,486,795		1.31
Sawai Pharmaceutical Co., Ltd.		230,000		25,263,632		2.29
Towa Pharmaceutical Co., Ltd.		420,000		18,069,825		1.64

			$	78,792,440		7.14	%

Small & Mid Capitalization – North America — 16.08%⁽¹⁾
Align Technology, Inc.⁽²⁾		477,800	$	17,081,350		1.55	%
Dendreon Corp.⁽²⁾		1,250,000		5,000,000		0.45
Exact Sciences Corp.⁽²⁾		1,065,000		11,970,600		1.09
Impax Laboratories, Inc.⁽²⁾		537,700		10,189,415		0.92
Incyte Corp.⁽²⁾		1,465,000		32,479,050		2.95
Infinity Pharmaceuticals, Inc.⁽²⁾		753,000		20,293,350		1.84
Insulet Corp.⁽²⁾		827,000		24,694,220		2.24
MAKO Surgical Corp.⁽²⁾		1,255,500		15,517,980		1.41
Medivation, Inc.⁽²⁾		250,000		12,140,000		1.10
Molina Healthcare, Inc.⁽²⁾		300,000		11,340,000		1.03
Neurocrine Biosciences, Inc.⁽²⁾		238,500		3,083,805		0.28
OraSure Technologies, Inc.⁽²⁾		1,145,000		5,015,100		0.45
Sequenom, Inc.⁽²⁾		1,070,000		4,429,800		0.40
Vocera Communications, Inc.⁽²⁾		276,000		4,073,760		0.37

			$	177,308,430		16.08	%


Total Common Stocks (identified cost $833,652,102)			$	1,102,607,055		100.00	%


Other Assets, Less Liabilities			$	30,481		0.00	%⁽³⁾


Net Assets			$	1,102,637,536		100.00	%



PC	-	Participation Certificate

During the fiscal year to date ended May 31, 2013, the Portfolio held interests in Eaton Vance Cash Reserves Fund, LLC, an affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. Net income allocated from the investment in Eaton Vance Cash Reserves Fund, LLC for the fiscal year to date ended May 31, 2013 was $7,141.

(1)	Major Capitalization is defined as market value of $5 billion or more. Small & Mid Capitalization is defined as market value less than $5 billion.

(2)	Non-income producing security.

(3)	Amount is less than 0.05%.

The Portfolio did not have any open financial instruments at May 31, 2013.

The cost and unrealized appreciation (depreciation) of investments of the Portfolio at May 31, 2013, as determined on a federal income tax basis, were as follows:


Aggregate cost	$	837,590,970

Gross unrealized appreciation	$	298,964,004
Gross unrealized depreciation		(33,947,919	)

Net unrealized appreciation	$	265,016,085

•

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)

At May 31, 2013, the hierarchy of inputs used in valuing the Portfolio’s investments, which are carried at value, were as follows:


Asset Description	Level 1		Level 2			Level 3		Total
Common Stocks
Major Capitalization - Europe	$	—	$	145,952,647		$	—	$	145,952,647
Major Capitalization - Far East		—		85,419,572			—		85,419,572
Major Capitalization - North America		608,967,766		—			—		608,967,766
Small & Mid Capitalization - Europe		6,166,200		—			—		6,166,200
Small & Mid Capitalization - Far East		—		78,792,440			—		78,792,440
Small & Mid Capitalization - North America		177,308,430		—			—		177,308,430
Total Common Stocks	$	792,442,396	$	310,164,659	*	$	—	$	1,102,607,055

*	Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.

Eaton Vance

Richard Bernstein Equity Strategy Fund

May 31, 2013

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 84.1%


Security	Shares		Value
Aerospace & Defense — 0.9%
Honeywell International, Inc.		12,952	$	1,016,214
Precision Castparts Corp.		3,643		779,311
United Technologies Corp.		17,798		1,689,030

			$	3,484,555

Air Freight & Logistics — 0.8%
United Parcel Service, Inc., Class B		34,658	$	2,977,122

			$	2,977,122

Auto Components — 1.0%
Bridgestone Corp.		69,500	$	2,255,960
Compagnie Generale des Etablissements Michelin, Class B		6,325		551,984
Delphi Automotive PLC		19,801		966,487

			$	3,774,431

Automobiles — 1.4%
Bayerische Motoren Werke AG		13,588	$	1,289,477
Toyota Motor Corp.		67,100		3,915,910

			$	5,205,387

Beverages — 2.5%
Asahi Group Holdings, Ltd.		49,700	$	1,191,666
Coca-Cola Co. (The)		80,640		3,224,794
Diageo PLC		37,828		1,117,434
Kirin Holdings Co., Ltd.		81,000		1,319,418
PepsiCo, Inc.		33,495		2,705,391

			$	9,558,703

Biotechnology — 1.7%
Alexion Pharmaceuticals, Inc.⁽¹⁾		6,356	$	619,964
Amgen, Inc.		24,219		2,434,736
Biogen Idec, Inc.⁽¹⁾		6,714		1,594,508
Celgene Corp.⁽¹⁾		3,533		436,856
Gilead Sciences, Inc.⁽¹⁾		22,504		1,226,018

			$	6,312,082

Capital Markets — 1.8%
Bank of New York Mellon Corp. (The)		24,170	$	726,550
BlackRock, Inc.		2,980		832,016
Credit Suisse Group AG		24,730		730,927
Franklin Resources, Inc.		4,717		730,239
Goldman Sachs Group, Inc. (The)		3,684		597,103
Invesco, Ltd.		23,691		799,334
Morgan Stanley		13,555		351,075
Northern Trust Corp.		12,581		731,585
State Street Corp.		9,428		623,945
T. Rowe Price Group, Inc.		9,337		708,305

			$	6,831,079


Security	Shares		Value
Chemicals — 1.3%
CF Industries Holdings, Inc.		3,038	$	580,137
Ecolab, Inc.		14,120		1,192,716
LyondellBasell Industries NV, Class A		11,291		752,545
Monsanto Co.		15,184		1,528,118
Sherwin-Williams Co. (The)		4,062		765,809

			$	4,819,325

Commercial Banks — 13.5%
Associated Banc-Corp.		23,711	$	365,387
Australia and New Zealand Banking Group, Ltd.		51,200		1,335,566
Banco Bilbao Vizcaya Argentaria SA		67,694		634,477
Banco Bradesco SA, PFC Shares		37,893		604,714
Bank of Montreal		11,152		660,138
Bank of Nova Scotia (The)		15,358		874,595
Bank of the Ozarks, Inc.		27,213		1,187,848
Bryn Mawr Bank Corp.		13,676		310,172
Canadian Imperial Bank of Commerce		7,732		584,328
Chemical Financial Corp.		7,376		192,440
City Holding Co.		21,142		837,646
Columbia Banking System, Inc.		38,242		835,205
Commonwealth Bank of Australia		18,202		1,156,405
Community Bank System, Inc.		26,945		791,105
DBS Group Holdings, Ltd.		49,000		663,430
F.N.B. Corp.		159,939		1,839,299
First Commonwealth Financial Corp.		45,595		328,740
First Financial Bancorp		42,828		659,980
First Financial Bankshares, Inc.		21,748		1,196,140
First Financial Corp.		10,268		315,741
First Merchants Corp.		21,456		355,311
First Midwest Bancorp, Inc.		104,668		1,377,431
FirstMerit Corp.		25,240		476,279
Fulton Financial Corp.		31,124		357,615
German American Bancorp, Inc.		13,977		305,537
Glacier Bancorp, Inc.		86,199		1,675,709
HSBC Holdings PLC		293,499		3,219,985
Huntington Bancshares, Inc.		48,185		373,434
Lakeland Financial Corp.		12,339		340,310
MB Financial, Inc.		15,282		389,844
National Bank of Canada		7,649		562,857
National Penn Bancshares, Inc.		124,855		1,233,567
Nordea Bank AB		65,411		803,639
Old National Bancorp		92,726		1,238,819
Oversea-Chinese Banking Corp., Ltd.		75,000		610,969
PacWest Bancorp		37,756		1,088,506
Park National Corp.		9,405		649,697
Peoples Bancorp, Inc.		14,408		288,736
PNC Financial Services Group, Inc. (The)		10,580		757,951
PrivateBancorp, Inc.		20,912		404,856
Royal Bank of Canada		17,187		1,020,030
S&T Bancorp, Inc.		37,610		727,377
S.Y. Bancorp, Inc.		13,651		328,989
Societe Generale		15,691		625,790
Standard Chartered PLC		25,229		584,162
Sumitomo Mitsui Financial Group, Inc.		36,200		1,429,168
Susquehanna Bancshares, Inc.		113,042		1,357,634
Svenska Handelsbanken AB, Class A		17,066		733,560
Taylor Capital Group, Inc.⁽¹⁾		17,701		294,014
Texas Capital Bancshares, Inc.⁽¹⁾		25,443		1,123,563
Toronto-Dominion Bank (The)		11,425		925,571


Security	Shares		Value
U.S. Bancorp		22,773	$	798,421
UMB Financial Corp.		19,036		1,010,621
Umpqua Holdings Corp.		83,929		1,134,720
United Bankshares, Inc.		34,806		905,304
United Overseas Bank, Ltd.		37,000		624,932
Wells Fargo & Co.		66,552		2,698,684
Westpac Banking Corp.		54,020		1,455,888
Wintrust Financial Corp.		33,612		1,268,517

			$	50,931,353

Commercial Services & Supplies — 0.6%
ADT Corp. (The)⁽¹⁾		7,777	$	315,669
Covanta Holding Corp.		18,160		371,372
Heritage-Crystal Clean, Inc.⁽¹⁾		19,980		300,699
Tetra Tech, Inc.⁽¹⁾		22,775		627,907
US Ecology, Inc.		14,122		386,660
Waste Connections, Inc.		10,359		416,846

			$	2,419,153

Communications Equipment — 1.1%
Cisco Systems, Inc.		77,707	$	1,871,185
Motorola Solutions, Inc.		21,143		1,225,448
QUALCOMM, Inc.		19,306		1,225,545

			$	4,322,178

Computers & Peripherals — 0.3%
EMC Corp.⁽¹⁾		39,287	$	972,746

			$	972,746

Construction & Engineering — 1.7%
Argan, Inc.		15,893	$	258,261
Comfort Systems USA, Inc.		26,237		362,595
Dycom Industries, Inc.⁽¹⁾		16,843		383,178
EMCOR Group, Inc.		11,413		453,667
Granite Construction, Inc.		12,930		399,020
Layne Christensen Co.⁽¹⁾		13,497		290,051
MasTec, Inc.⁽¹⁾		20,275		644,745
MYR Group, Inc.⁽¹⁾		13,983		283,016
Northwest Pipe Co.⁽¹⁾		14,062		386,564
Orion Marine Group, Inc.⁽¹⁾		35,048		420,927
Pike Electric Corp.		26,165		317,905
Primoris Services Corp.		25,336		539,910
Quanta Services, Inc.⁽¹⁾		13,175		373,775
Tutor Perini Corp.⁽¹⁾		26,131		483,946
URS Corp.		15,082		730,572

			$	6,328,132

Consumer Finance — 0.6%
American Express Co.		11,985	$	907,384
Capital One Financial Corp.		10,314		628,432
Discover Financial Services		14,814		702,332

			$	2,238,148

Diversified Financial Services — 1.2%
Citigroup, Inc.		30,970	$	1,610,130
ING Groep NV⁽¹⁾		63,236		589,656
JPMorgan Chase & Co.		45,020		2,457,642

			$	4,657,428


Security	Shares		Value
Diversified Telecommunication Services — 1.8%
AT&T, Inc.		90,326	$	3,160,507
CenturyLink, Inc.		22,492		768,102
TELUS Corp.		29,006		1,010,279
Verizon Communications, Inc.		41,242		1,999,412

			$	6,938,300

Electric Utilities — 2.2%
American Electric Power Co., Inc.		21,480	$	984,214
Edison International		16,443		755,391
NextEra Energy, Inc.		27,152		2,053,234
Northeast Utilities		37,426		1,559,542
PPL Corp.		24,523		728,333
Southern Co. (The)		22,129		971,463
Xcel Energy, Inc.		46,661		1,340,104

			$	8,392,281

Electrical Equipment — 1.3%
Acuity Brands, Inc.		5,746	$	431,352
AZZ, Inc.		11,388		472,374
Babcock & Wilcox Co. (The)		12,786		379,488
Encore Wire Corp.		12,003		415,424
Generac Holdings, Inc.		11,974		484,947
Global Power Equipment Group, Inc.		20,332		323,279
Hubbell, Inc., Class B		4,842		486,282
Rockwell Automation, Inc.		8,053		708,825
Roper Industries, Inc.		11,167		1,387,165

			$	5,089,136

Electronic Equipment, Instruments & Components — 0.2%
Amphenol Corp., Class A		9,554	$	744,257

			$	744,257

Energy Equipment & Services — 0.1%
Cameron International Corp.⁽¹⁾		7,591	$	462,064

			$	462,064

Food & Staples Retailing — 2.2%
Costco Wholesale Corp.		10,256	$	1,124,776
CVS Caremark Corp.		29,261		1,684,848
Kroger Co. (The)		31,164		1,049,292
Sysco Corp.		23,094		780,577
Wal-Mart Stores, Inc.		33,750		2,525,850
Walgreen Co.		20,715		989,348

			$	8,154,691

Food Products — 3.3%
Bunge, Ltd.		15,833	$	1,101,977
Campbell Soup Co.		48,820		2,089,984
ConAgra Foods, Inc.		33,513		1,129,053
General Mills, Inc.		23,510		1,106,851
Hershey Co. (The)		24,932		2,221,690
Kellogg Co.		17,937		1,112,991
Kraft Foods Group, Inc.		9,345		515,190
Nestle SA		49,212		3,260,029

			$	12,537,765


Security	Shares		Value
Health Care Equipment & Supplies — 1.6%
Baxter International, Inc.		15,287	$	1,075,135
Covidien PLC		11,394		724,658
Intuitive Surgical, Inc.⁽¹⁾		1,645		818,437
Medtronic, Inc.		45,025		2,296,725
Zimmer Holdings, Inc.		12,788		1,003,986

			$	5,918,941

Health Care Providers & Services — 2.0%
AmerisourceBergen Corp.		24,035	$	1,299,813
Cardinal Health, Inc.		17,166		806,115
Cigna Corp.		15,196		1,031,808
DaVita HealthCare Partners, Inc.⁽¹⁾		8,341		1,034,868
McKesson Corp.		12,380		1,409,587
UnitedHealth Group, Inc.		21,515		1,347,485
WellPoint, Inc.		10,136		780,168

			$	7,709,844

Hotels, Restaurants & Leisure — 0.8%
Carnival Corp.		25,274	$	836,570
Compass Group PLC		109,475		1,435,649
Marriott International, Inc., Class A		20,326		853,895

			$	3,126,114

Household Products — 2.1%
Colgate-Palmolive Co.		21,646	$	1,252,005
Kimberly-Clark Corp.		15,039		1,456,226
Procter & Gamble Co.		49,295		3,783,884
Reckitt Benckiser Group PLC		19,689		1,407,930

			$	7,900,045

Industrial Conglomerates — 1.8%
3M Co.		25,712	$	2,835,262
General Electric Co.		174,918		4,079,088

			$	6,914,350

Insurance — 3.4%
ACE, Ltd.		7,500	$	672,600
Aflac, Inc.		11,198		623,617
Allianz SE		5,517		852,191
Allstate Corp. (The)		14,644		706,427
Aon PLC		10,603		675,093
Assicurazioni Generali SpA		34,627		644,276
AXA SA		34,931		705,246
Berkshire Hathaway, Inc., Class B⁽¹⁾		11,134		1,270,055
Chubb Corp.		7,775		677,203
Loews Corp.		14,594		668,697
Manulife Financial Corp.		45,316		717,713
Marsh & McLennan Cos., Inc.		17,369		695,107
Muenchener Rueckversicherungs-Gesellschaft AG		3,373		629,148
Power Financial Corp.		21,965		660,592
Prudential Financial, Inc.		11,557		797,086
Prudential PLC		41,262		694,072
Swiss Reinsurance Co., Ltd.⁽¹⁾		8,344		612,737
Travelers Companies, Inc. (The)		8,169		683,909

			$	12,985,769

Internet Software & Services — 0.6%
eBay, Inc.⁽¹⁾		17,995	$	973,530
Yahoo! Inc.⁽¹⁾		44,381		1,167,220

			$	2,140,750


Security	Shares		Value
IT Services — 4.4%
Accenture PLC, Class A		15,807	$	1,297,913
Automatic Data Processing, Inc.		35,068		2,409,873
Cognizant Technology Solutions Corp., Class A⁽¹⁾		9,524		615,726
Fidelity National Information Services, Inc.		20,781		933,067
Fiserv, Inc.⁽¹⁾		18,228		1,588,752
International Business Machines Corp.		18,684		3,886,646
MasterCard, Inc., Class A		2,516		1,434,749
Paychex, Inc.		43,270		1,610,942
Visa, Inc., Class A		14,949		2,663,015

			$	16,440,683

Leisure Equipment & Products — 0.3%
Mattel, Inc.		22,606	$	1,011,618

			$	1,011,618

Life Sciences Tools & Services — 0.2%
Thermo Fisher Scientific, Inc.		10,245	$	904,633

			$	904,633

Machinery — 2.1%
American Railcar Industries, Inc.		11,813	$	401,642
Deere & Co.		10,909		950,283
Douglas Dynamics, Inc.		25,950		362,781
FreightCar America, Inc.		26,015		471,912
Greenbrier Cos., Inc.⁽¹⁾		19,689		461,707
Ingersoll-Rand PLC		20,295		1,167,571
L.B. Foster Co., Class A		6,296		278,976
Mueller Industries, Inc.		8,688		473,062
Oshkosh Corp.⁽¹⁾		8,861		352,845
Pentair, Ltd.		3,732		217,352
RBC Bearings, Inc.⁽¹⁾		7,620		373,075
Standex International Corp.		6,345		331,019
Titan International, Inc.		28,231		658,629
Trimas Corp.⁽¹⁾		15,820		510,195
Trinity Industries, Inc.		12,457		509,865
Wabash National Corp.⁽¹⁾		48,536		509,628

			$	8,030,542

Media — 2.8%
British Sky Broadcasting Group PLC		101,913	$	1,204,968
Liberty Media Corp., Class A⁽¹⁾		6,191		773,008
Naspers, Ltd., Class N		13,600		1,001,231
Omnicom Group, Inc.		21,256		1,320,635
Pearson PLC		47,413		881,236
Reed Elsevier PLC		118,222		1,322,091
SES SA		62,794		1,855,075
Starz, Class A⁽¹⁾		6,191		142,888
Thomson Reuters Corp.		44,973		1,496,570
Time Warner Cable, Inc.		7,712		736,573

			$	10,734,275

Metals & Mining — 0.3%
Newmont Mining Corp.		13,543	$	464,254
Nucor Corp.		15,912		708,243

			$	1,172,497

Multi-Utilities — 1.4%
Consolidated Edison, Inc.		16,823	$	960,089
Dominion Resources, Inc.		23,776		1,344,533
DTE Energy Co.		30,107		2,005,427
Sempra Energy		12,677		1,030,640

			$	5,340,689


Security	Shares		Value
Multiline Retail — 0.6%
Marks & Spencer Group PLC		149,760	$	1,059,845
Nordstrom, Inc.		17,742		1,043,584

			$	2,103,429

Oil, Gas & Consumable Fuels — 2.3%
Anadarko Petroleum Corp.		7,925	$	693,200
ConocoPhillips		42,618		2,614,188
EOG Resources, Inc.		5,526		713,407
Hess Corp.		4,965		334,691
Husky Energy, Inc.		12,977		366,623
Kinder Morgan, Inc.		39,388		1,495,956
Marathon Oil Corp.		18,459		634,805
Noble Energy, Inc.		11,064		637,840
Phillips 66		5,501		366,201
Suncor Energy, Inc.		14,563		441,771
Valero Energy Corp.		13,499		548,464

			$	8,847,146

Paper & Forest Products — 0.2%
International Paper Co.		16,366	$	755,291

			$	755,291

Personal Products — 0.5%
Estee Lauder Cos., Inc. (The), Class A		10,663	$	722,738
Kao Corp.		38,200		1,197,096

			$	1,919,834

Pharmaceuticals — 3.9%
Actavis, Inc.⁽¹⁾		12,689	$	1,564,427
Allergan, Inc.		14,183		1,411,067
Astellas Pharma, Inc.		27,700		1,414,533
Daiichi Sankyo Co., Ltd.		50,500		829,112
Eli Lilly & Co.		23,683		1,258,988
Johnson & Johnson		38,255		3,220,306
Mylan, Inc.⁽¹⁾		36,788		1,121,298
Novo Nordisk A/S, Class B		5,592		906,338
Roche Holding AG PC		3,199		793,148
Sanofi		19,960		2,128,298

			$	14,647,515

Real Estate Investment Trusts (REITs) — 1.7%
American Tower Corp.		7,862	$	611,978
AvalonBay Communities, Inc.		4,515		598,960
Boston Properties, Inc.		5,766		614,540
HCP, Inc.		13,446		637,072
Land Securities Group PLC		45,629		643,625
Public Storage, Inc.		4,287		650,767
Unibail-Rodamco SE		2,561		629,949
Ventas, Inc.		9,415		671,949
Vornado Realty Trust		7,796		623,290
Westfield Group		53,505		587,273

			$	6,269,403

Real Estate Management & Development — 0.4%
Mitsubishi Estate Co., Ltd.		62,000	$	1,527,492

			$	1,527,492

Road & Rail — 0.8%
Union Pacific Corp.		18,519	$	2,863,408

			$	2,863,408


Security	Shares		Value
Software — 1.5%
Intuit, Inc.		25,267	$	1,476,603
Oracle Corp.		107,696		3,635,817
salesforce.com, inc.⁽¹⁾		14,360		607,859

			$	5,720,279

Specialty Retail — 0.2%
CST Brands, Inc.⁽¹⁾		1,500	$	45,582
Industria de Diseno Textil SA		5,459		675,771

			$	721,353

Textiles, Apparel & Luxury Goods — 1.9%
Adidas AG		21,514	$	2,339,097
Christian Dior SA		5,526		1,010,963
Compagnie Financiere Richemont SA, Class A		11,585		1,024,359
Luxottica Group SpA		16,125		834,705
LVMH Moet Hennessy Louis Vuitton SA		7,885		1,392,836
Swatch Group, Ltd. (The)		7,765		765,385

			$	7,367,345

Thrifts & Mortgage Finance — 1.2%
Brookline Bancorp, Inc.		125,041	$	1,060,348
Northwest Bancshares, Inc.		101,055		1,253,082
Oritani Financial Corp.		79,236		1,214,688
Provident Financial Services, Inc.		54,843		834,710

			$	4,362,828

Tobacco — 2.2%
Altria Group, Inc.		45,497	$	1,642,442
British American Tobacco PLC		38,455		2,113,052
Imperial Tobacco Group PLC		18,658		669,537
Philip Morris International, Inc.		25,521		2,320,114
Reynolds American, Inc.		29,567		1,422,468

			$	8,167,613

Trading Companies & Distributors — 0.2%
Fastenal Co.		13,918	$	726,241

			$	726,241

Wireless Telecommunication Services — 1.2%
China Mobile, Ltd.		72,000	$	759,041
KDDI Corp.		23,800		1,073,712
MTN Group, Ltd.		38,900		704,191
Rogers Communications Inc., Class B		16,656		755,083
SoftBank Corp.		23,200		1,159,656

			$	4,451,683


Total Common Stocks (identified cost $266,586,995)			$	317,931,926


Exchange-Traded Funds — 7.4%

Security	Shares		Value
Equity Funds — 7.4%
Consumer Discretionary Select Sector SPDR Fund (The)		369,124	$	20,715,239
Vanguard Extended Market Index Fund ETF		104,905		7,408,391


Total Exchange-Traded Funds (identified cost $21,764,618)			$	28,123,630


Short-Term Investments — 7.9%

Description	Interest (000’s omitted)		Value
Eaton Vance Cash Reserves Fund, LLC, 0.11%⁽²⁾	$	29,763	$	29,762,696


Total Short-Term Investments (identified cost $29,762,696)			$	29,762,696


Total Investments — 99.4% (identified cost $318,114,309)			$	375,818,252


Other Assets, Less Liabilities — 0.6%			$	2,142,951


Net Assets — 100.0%			$	377,961,203

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.



PC	-	Participation Certificate

PFC Shares	-	Preference Shares

(1)	Non-income producing security.

(2)

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 May 31, 2013. Net income allocated from the investment in Eaton Vance Cash Reserves Fund, LLC for the fiscal year to date ended May 31, 2013 was $11,398.

Country Concentration of Portfolio


Country	Percentage of Net Assets			Value
United States		61.0	%	$	230,392,213
United Kingdom		4.8			17,995,166
Japan		4.6			17,313,723
Canada		2.7			10,076,150
Switzerland		2.1			8,076,537
France		1.9			7,045,066
Germany		1.3			5,109,913
Australia		1.2			4,535,132
Ireland		0.8			3,190,142
Singapore		0.5			1,899,331
Luxembourg		0.5			1,855,075
South Africa		0.4			1,705,422
Sweden		0.4			1,537,199
Italy		0.4			1,478,981
Netherlands		0.4			1,342,201
Spain		0.3			1,310,248
Denmark		0.2			906,338
Bermuda		0.2			799,334
China		0.2			759,041
Brazil		0.2			604,714

Common Stocks		84.1	%	$	317,931,926
Exchange-Traded Funds		7.4			28,123,630
Short-Term Investments		7.9			29,762,696

Total Investments		99.4	%	$	375,818,252

A summary of open financial instruments at May 31, 2013 is as follows:

Futures Contracts


Expiration Month/Year	Contracts	Position	Aggregate Cost		Value		Net Unrealized Appreciation (Depreciation)
6/13	60 E-mini MSCI EAFE Index	Long	$	5,190,984	$	5,067,600	$	(123,384	)
6/13	80 E-mini S&P 500 Index	Long		6,618,313		6,516,000		(102,313	)
6/13	260 Nikkei 225 Index	Long		15,471,277		17,504,500		2,033,223

							$	1,807,526

At May 31, 2013, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

The Fund is subject to equity price risk in the normal course of pursuing its investment objective. The Fund enters into equity index futures contracts to enhance return and as a substitution for the purchase of securities.

At May 31, 2013, the aggregate fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) in an asset position and in a liability position and whose primary underlying risk exposure is equity price risk was $2,033,223 and $225,697, respectively.

The cost and unrealized appreciation (depreciation) of investments of the Fund at May 31, 2013, as determined on a federal income tax basis, were as follows:


Aggregate cost	$	318,265,639

Gross unrealized appreciation	$	59,425,059
Gross unrealized depreciation		(1,872,446	)

Net unrealized appreciation	$	57,552,613

•

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)

At May 31, 2013, 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
Consumer Discretionary	$	9,227,410		$	24,816,542		$	—	$	34,043,952
Consumer Staples		35,962,489			12,276,162			—		48,238,651
Energy		9,309,210			—			—		9,309,210
Financials		67,708,886			22,094,614			—		89,803,500
Health Care		29,421,586			6,071,429			—		35,493,015
Industrials		38,832,639			—			—		38,832,639
Information Technology		30,340,893			—			—		30,340,893
Materials		6,747,113			—			—		6,747,113
Telecommunication Services		7,693,383			3,696,600			—		11,389,983
Utilities		13,732,970			—			—		13,732,970
Total Common Stocks	$	248,976,579		$	68,955,347	*	$	—	$	317,931,926
Exchange-Traded Funds	$	28,123,630		$	—		$	—	$	28,123,630
Short-Term Investments		—			29,762,696			—		29,762,696
Total Investments	$	277,100,209		$	98,718,043		$	—	$	375,818,252
Futures Contracts	$	2,033,223		$	—		$	—	$	2,033,223
Total	$	279,133,432		$	98,718,043		$	—	$	377,851,475

Liability Description
Futures Contracts	$	(225,697	)	$	—		$	—	$	(225,697	)
Total	$	(225,697	)	$	—		$	—	$	(225,697	)

*	Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.

Eaton Vance

Richard Bernstein All Asset Strategy Fund

May 31, 2013

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 50.0%


Security	Shares		Value
Aerospace & Defense — 0.5%
Honeywell International, Inc.		1,558	$	122,240
Precision Castparts Corp.		387		82,787
United Technologies Corp.		1,643		155,921

			$	360,948

Air Freight & Logistics — 0.4%
United Parcel Service, Inc., Class B		3,721	$	319,634

			$	319,634

Auto Components — 0.6%
Bridgestone Corp.		8,700	$	282,401
Compagnie Generale des Etablissements Michelin, Class B		850		74,180
Delphi Automotive PLC		1,504		73,410

			$	429,991

Automobiles — 0.8%
Bayerische Motoren Werke AG		1,717	$	162,940
Toyota Motor Corp.		7,300		426,023

			$	588,963

Beverages — 1.6%
Asahi Group Holdings, Ltd.		7,500	$	179,829
Coca-Cola Co. (The)		9,405		376,106
Diageo PLC		5,028		148,527
Kirin Holdings Co., Ltd.		12,000		195,469
PepsiCo, Inc.		3,939		318,153

			$	1,218,084

Biotechnology — 1.1%
Alexion Pharmaceuticals, Inc.⁽¹⁾		850	$	82,909
Amgen, Inc.		2,874		288,923
Biogen Idec, Inc.⁽¹⁾		841		199,729
Celgene Corp.⁽¹⁾		1,002		123,898
Gilead Sciences, Inc.⁽¹⁾		2,946		160,498

			$	855,957

Capital Markets — 0.7%
Bank of New York Mellon Corp. (The)		1,733	$	52,094
BlackRock, Inc.		213		59,470
Credit Suisse Group AG⁽¹⁾		1,792		52,965
Franklin Resources, Inc.		337		52,171
Goldman Sachs Group, Inc. (The)		373		60,456
Invesco, Ltd.		1,683		56,784
Morgan Stanley		2,374		61,487
Northern Trust Corp.		909		52,858
State Street Corp.		943		62,408
T. Rowe Price Group, Inc.		670		50,826

			$	561,519

Chemicals — 0.6%
CF Industries Holdings, Inc.		217	$	41,438
Ecolab, Inc.		1,884		159,142


Security	Shares		Value
LyondellBasell Industries NV, Class A		797	$	53,120
Monsanto Co.		1,067		107,383
Sherwin-Williams Co. (The)		289		54,485

			$	415,568

Commercial Banks — 8.1%
Associated Banc-Corp.		1,189	$	18,323
Australia and New Zealand Banking Group, Ltd.		6,327		165,042
Banco Bilbao Vizcaya Argentaria SA		4,785		44,849
Banco Bradesco SA, PFC Shares		5,449		86,964
Bank of Montreal		2,052		121,467
Bank of Nova Scotia (The)		2,814		160,249
Bank of the Ozarks, Inc.		3,483		152,033
Bryn Mawr Bank Corp.		1,186		26,898
Canadian Imperial Bank of Commerce		1,650		124,695
Chemical Financial Corp.		476		12,419
City Holding Co.		2,957		117,156
Columbia Banking System, Inc.		3,179		69,429
Commonwealth Bank of Australia		2,457		156,098
Community Bank System, Inc.		2,106		61,832
DBS Group Holdings, Ltd.		8,000		108,315
F.N.B. Corp.		13,730		157,895
First Commonwealth Financial Corp.		3,968		28,609
First Financial Bancorp		3,240		49,928
First Financial Bankshares, Inc.		2,849		156,695
First Financial Corp.		894		27,491
First Merchants Corp.		1,870		30,967
First Midwest Bancorp, Inc.		17,213		226,523
FirstMerit Corp.		4,036		76,159
Fulton Financial Corp.		2,712		31,161
German American Bancorp, Inc.		1,214		26,538
Glacier Bancorp, Inc.		10,371		201,612
HSBC Holdings PLC		28,422		311,819
Huntington Bancshares, Inc.		2,399		18,592
Lakeland Financial Corp.		1,065		29,373
MB Financial, Inc.		2,618		66,785
National Bank of Canada		1,003		73,807
National Penn Bancshares, Inc.		19,246		190,151
Nordea Bank AB		8,827		108,449
Old National Bancorp		11,039		147,481
Oversea-Chinese Banking Corp., Ltd.		12,000		97,755
PacWest Bancorp		3,151		90,843
Park National Corp.		668		46,145
Peoples Bancorp, Inc.		1,268		25,411
PNC Financial Services Group, Inc. (The)		767		54,948
PrivateBancorp, Inc.		1,043		20,192
Royal Bank of Canada		2,961		175,732
S&T Bancorp, Inc.		2,914		56,357
Societe Generale		1,106		44,110
Standard Chartered PLC		1,836		42,511
Sumitomo Mitsui Financial Group, Inc.		4,400		173,711
Susquehanna Bancshares, Inc.		15,528		186,491
Svenska Handelsbanken AB, Class A		1,216		52,268
S.Y. Bancorp, Inc.		1,185		28,559
Taylor Capital Group, Inc.⁽¹⁾		3,817		63,400


Security	Shares		Value
Texas Capital Bancshares, Inc.⁽¹⁾		3,170	$	139,987
Toronto-Dominion Bank (The)		2,053		166,319
U.S. Bancorp		1,774		62,196
UMB Financial Corp.		1,836		97,473
Umpqua Holdings Corp.		10,453		141,325
United Bankshares, Inc.		4,166		108,358
United Overseas Bank, Ltd.		6,000		101,340
Wells Fargo & Co.		7,743		313,979
Westpac Banking Corp.		6,582		177,391
Wintrust Financial Corp.		5,352		201,985

			$	6,054,590

Commercial Services & Supplies — 0.2%
ADT Corp. (The)⁽¹⁾		684	$	27,764
Covanta Holding Corp.		885		18,098
Heritage-Crystal Clean, Inc.⁽¹⁾		1,713		25,781
Tetra Tech, Inc.⁽¹⁾		1,617		44,581
US Ecology, Inc.		1,148		31,432
Waste Connections, Inc.		507		20,401

			$	168,057

Communications Equipment — 0.6%
Cisco Systems, Inc.		9,699	$	233,552
Motorola Solutions, Inc.		1,873		108,559
QUALCOMM, Inc.		2,162		137,244

			$	479,355

Computers & Peripherals — 0.2%
EMC Corp.⁽¹⁾		5,357	$	132,639

			$	132,639

Construction & Engineering — 0.9%
Argan, Inc.		1,382	$	22,457
Comfort Systems USA, Inc.		2,286		31,592
Dycom Industries, Inc.⁽¹⁾		3,605		82,014
EMCOR Group, Inc.		569		22,618
Granite Construction, Inc.		639		19,720
Layne Christensen Co.⁽¹⁾		1,159		24,907
MasTec, Inc.⁽¹⁾		2,895		92,061
MYR Group, Inc.⁽¹⁾		1,210		24,490
Northwest Pipe Co.⁽¹⁾		1,227		33,730
Orion Marine Group, Inc.⁽¹⁾		7,402		88,898
Pike Electric Corp.		5,931		72,062
Primoris Services Corp.		1,259		26,829
Quanta Services, Inc.⁽¹⁾		660		18,724
Tutor Perini Corp.⁽¹⁾		4,604		85,266
URS Corp.		1,074		52,025

			$	697,393

Consumer Finance — 0.4%
American Express Co.		932	$	70,562
Capital One Financial Corp.		1,657		100,961
Discover Financial Services		2,393		113,452

			$	284,975

Diversified Financial Services — 0.6%
Citigroup, Inc.		2,714	$	141,101
ING Groep NV⁽¹⁾		8,633		80,500
JPMorgan Chase & Co.		3,796		207,224

			$	428,825


Security	Shares		Value
Diversified Telecommunication Services — 1.1%
AT&T, Inc.		10,398	$	363,826
CenturyLink, Inc.		2,056		70,212
TELUS Corp.		3,960		137,927
Verizon Communications, Inc.		5,591		271,052

			$	843,017

Electric Utilities — 1.5%
American Electric Power Co., Inc.		2,765	$	126,692
Edison International		2,213		101,665
NextEra Energy, Inc.		3,254		246,068
Northeast Utilities		5,851		243,811
PPL Corp.		2,832		84,111
Southern Co. (The)		2,399		105,316
Xcel Energy, Inc.		7,618		218,789

			$	1,126,452

Electrical Equipment — 0.6%
Acuity Brands, Inc.		291	$	21,845
AZZ, Inc.		564		23,395
Babcock & Wilcox Co. (The)		1,029		30,541
Encore Wire Corp.		589		20,385
Generac Holdings, Inc.		611		24,746
Global Power Equipment Group, Inc.		2,778		44,170
Hubbell, Inc., Class B		712		71,506
Rockwell Automation, Inc.		601		52,900
Roper Industries, Inc.		1,484		184,342

			$	473,830

Electronic Equipment, Instruments & Components — 0.1%
Amphenol Corp., Class A		685	$	53,362

			$	53,362

Energy Equipment & Services — 0.1%
Cameron International Corp.⁽¹⁾		976	$	59,409

			$	59,409

Food & Staples Retailing — 1.2%
Costco Wholesale Corp.		1,115	$	122,282
CVS Caremark Corp.		3,024		174,122
Kroger Co. (The)		3,948		132,929
Sysco Corp.		3,059		103,394
Wal-Mart Stores, Inc.		4,087		305,871
Walgreen Co.		1,750		83,580

			$	922,178

Food Products — 2.0%
Bunge, Ltd.		2,102	$	146,299
Campbell Soup Co.		6,523		279,250
ConAgra Foods, Inc.		2,877		96,926
General Mills, Inc.		2,468		116,194
Hershey Co. (The)		3,240		288,716
Kellogg Co.		2,368		146,934
Kraft Foods Group, Inc.		654		36,055
Nestle SA		5,663		375,143

			$	1,485,517


Security	Shares		Value
Health Care Equipment & Supplies — 0.9%
Baxter International, Inc.		1,933	$	135,948
Covidien PLC		1,278		81,281
Intuitive Surgical, Inc.⁽¹⁾		150		74,629
Medtronic, Inc.		4,670		238,217
Zimmer Holdings, Inc.		1,721		135,116

			$	665,191

Health Care Providers & Services — 1.3%
AmerisourceBergen Corp.		2,299	$	124,330
Cardinal Health, Inc.		2,318		108,853
Cigna Corp.		2,000		135,800
DaVita HealthCare Partners, Inc.⁽¹⁾		1,113		138,090
McKesson Corp.		1,534		174,661
UnitedHealth Group, Inc.		2,899		181,565
WellPoint, Inc.		1,500		115,455

			$	978,754

Hotels, Restaurants & Leisure — 0.6%
Carnival Corp.		4,508	$	149,215
Compass Group PLC		16,799		220,301
Marriott International, Inc., Class A		1,557		65,409

			$	434,925

Household Products — 1.3%
Colgate-Palmolive Co.		2,802	$	162,068
Kimberly-Clark Corp.		2,375		229,971
Procter & Gamble Co.		5,713		438,530
Reckitt Benckiser Group PLC		2,535		181,274

			$	1,011,843

Industrial Conglomerates — 1.0%
3M Co.		2,547	$	280,858
General Electric Co.		20,431		476,451

			$	757,309

Insurance — 1.8%
ACE, Ltd.		540	$	48,427
Aflac, Inc.		1,768		98,460
Allianz SE		804		124,191
Allstate Corp. (The)		1,066		51,424
Aon PLC		1,407		89,584
Assicurazioni Generali SpA		4,495		83,635
AXA SA		4,509		91,035
Berkshire Hathaway, Inc., Class B⁽¹⁾		1,374		156,732
Chubb Corp.		563		49,037
Loews Corp.		1,054		48,294
Manulife Financial Corp.		3,269		51,774
Marsh & McLennan Cos., Inc.		1,253		50,145
Muenchener Rueckversicherungs-Gesellschaft AG		518		96,620
Power Financial Corp.		1,574		47,338
Prudential Financial, Inc.		842		58,073
Prudential PLC		5,462		91,877
Swiss Reinsurance Co., Ltd.⁽¹⁾		596		43,767
Travelers Companies, Inc. (The)		584		48,892

			$	1,329,305


Security	Shares		Value
Internet Software & Services — 0.3%
eBay, Inc.⁽¹⁾		2,117	$	114,530
Yahoo! Inc.⁽¹⁾		4,036		106,147

			$	220,677

IT Services — 2.6%
Accenture PLC, Class A		2,069	$	169,886
Automatic Data Processing, Inc.		3,564		244,918
Cognizant Technology Solutions Corp., Class A⁽¹⁾		721		46,613
Fidelity National Information Services, Inc.		2,617		117,503
Fiserv, Inc.⁽¹⁾		2,365		206,133
International Business Machines Corp.		2,123		441,626
MasterCard, Inc., Class A		292		166,513
Paychex, Inc.		5,707		212,472
Visa, Inc., Class A		1,801		320,830

			$	1,926,494

Leisure Equipment & Products — 0.2%
Mattel, Inc.		3,156	$	141,231

			$	141,231

Life Sciences Tools & Services — 0.1%
Thermo Fisher Scientific, Inc.		1,126	$	99,426

			$	99,426

Machinery — 1.1%
American Railcar Industries, Inc.		598	$	20,332
Deere & Co.		1,930		168,122
Douglas Dynamics, Inc.		5,026		70,263
FreightCar America, Inc.		2,871		52,080
Greenbrier Cos., Inc.⁽¹⁾		1,021		23,942
Ingersoll-Rand PLC		1,720		98,952
L.B. Foster Co., Class A		524		23,218
Mueller Industries, Inc.		477		25,973
Oshkosh Corp.⁽¹⁾		774		30,821
Pentair, Ltd.		328		19,103
RBC Bearings, Inc.⁽¹⁾		1,144		56,010
Standex International Corp.		1,275		66,517
Titan International, Inc.		2,951		68,847
Trimas Corp.⁽¹⁾		767		24,736
Trinity Industries, Inc.		647		26,482
Wabash National Corp.⁽¹⁾		2,437		25,588

			$	800,986


Security	Shares		Value
Media — 1.8%
British Sky Broadcasting Group PLC		11,840	$	139,990
Liberty Media Corp., Class A⁽¹⁾		914		114,122
Naspers, Ltd., Class N		2,037		149,964
Omnicom Group, Inc.		1,840		114,319
Pearson PLC		6,894		128,134
Reed Elsevier PLC		11,204		125,296
SES SA		7,438		219,735
Starz, Class A⁽¹⁾		455		10,501
Thomson Reuters Corp.		6,899		229,579
Time Warner Cable, Inc.		958		91,499

			$	1,323,139

Metals & Mining — 0.2%
Newmont Mining Corp.		2,243	$	76,890
Nucor Corp.		1,769		78,738

			$	155,628

Multi-Utilities — 0.9%
Consolidated Edison, Inc.		1,651	$	94,222
Dominion Resources, Inc.		4,038		228,349
DTE Energy Co.		3,647		242,927
Sempra Energy		1,434		116,584

			$	682,082

Multiline Retail — 0.4%
Marks & Spencer Group PLC		21,222	$	150,187
Nordstrom, Inc.		2,459		144,639

			$	294,826

Oil, Gas & Consumable Fuels — 1.2%
Anadarko Petroleum Corp.		914	$	79,948
ConocoPhillips		4,977		305,289
EOG Resources, Inc.		555		71,650
Hess Corp.		239		16,111
Husky Energy, Inc.		1,965		55,515
Kinder Morgan, Inc.		3,583		136,082
Marathon Oil Corp.		2,045		70,327
Noble Energy, Inc.		1,300		74,945
Phillips 66		184		12,249
Suncor Energy, Inc.		1,476		44,775
Valero Energy Corp.		1,498		60,864

			$	927,755

Paper & Forest Products — 0.1%
International Paper Co.		1,176	$	54,272

			$	54,272

Personal Products — 0.4%
Estee Lauder Cos., Inc. (The), Class A		1,479	$	100,247
Kao Corp.		6,900		216,229

			$	316,476


Security	Shares		Value
Pharmaceuticals — 2.4%
Actavis, Inc.⁽¹⁾		1,752	$	216,004
Allergan, Inc.		1,913		190,324
Astellas Pharma, Inc.		4,500		229,798
Daiichi Sankyo Co., Ltd.		4,600		75,523
Eli Lilly & Co.		2,500		132,900
Johnson & Johnson		4,022		338,572
Mylan, Inc.⁽¹⁾		4,910		149,657
Novo Nordisk A/S, Class B		721		116,858
Roche Holding AG PC		358		88,761
Sanofi		2,537		270,516

			$	1,808,913

Real Estate Investment Trusts (REITs) — 1.2%
American Tower Corp.		779	$	60,637
AvalonBay Communities, Inc.		743		98,566
Boston Properties, Inc.		916		97,627
HCP, Inc.		2,078		98,456
Land Securities Group PLC		7,288		102,802
Public Storage, Inc.		626		95,027
Unibail-Rodamco SE		398		97,899
Ventas, Inc.		1,453		103,701
Vornado Realty Trust		1,136		90,823
Westfield Group		3,834		42,082

			$	887,620

Real Estate Management & Development — 0.2%
Mitsubishi Estate Co., Ltd.		6,000	$	147,822

			$	147,822

Road & Rail — 0.4%
Union Pacific Corp.		2,155	$	333,206

			$	333,206

Software — 1.0%
Intuit, Inc.		4,387	$	256,376
Oracle Corp.		11,278		380,745
salesforce.com, inc.⁽¹⁾		2,228		94,312

			$	731,433

Specialty Retail — 0.1%
CST Brands, Inc.⁽¹⁾		166	$	5,058
Industria de Diseno Textil SA		700		86,653

			$	91,711

Textiles, Apparel & Luxury Goods — 1.2%
Adidas AG		2,610	$	283,771
Christian Dior SA		510		93,303
Compagnie Financiere Richemont SA, Class A		2,013		177,992
Luxottica Group SpA		1,271		65,793
LVMH Moet Hennessy Louis Vuitton SA		1,195		211,089
Swatch Group, Ltd. (The)		1,030		101,525

			$	933,473


Security	Shares		Value
Thrifts & Mortgage Finance — 0.9%
Brookline Bancorp, Inc.		19,952	$	169,193
Northwest Bancshares, Inc.		16,281		201,884
Oritani Financial Corp.		13,291		203,751
Provident Financial Services, Inc.		4,708		71,656

			$	646,484

Tobacco — 1.5%
Altria Group, Inc.		7,625	$	275,262
British American Tobacco PLC		4,991		274,249
Imperial Tobacco Group PLC		1,712		61,435
Philip Morris International, Inc.		3,289		299,003
Reynolds American, Inc.		3,867		186,041

			$	1,095,990

Trading Companies & Distributors — 0.1%
Fastenal Co.		994	$	51,867

			$	51,867

Wireless Telecommunication Services — 0.9%
China Mobile, Ltd.		8,500	$	89,609
KDDI Corp.		3,600		162,410
MTN Group, Ltd.		5,942		107,566
Rogers Communications Inc., Class B		2,412		109,346
SoftBank Corp.		3,800		189,943

			$	658,874


Total Common Stocks (identified cost $32,661,945)			$	37,467,975

U.S. Treasury Obligations — 27.3%


Security	Principal Amount (000’s omitted)		Value
U.S. Treasury Bond:
3.125%, 11/15/41	$	134	$	130,518
3.125%, 2/15/42		102		99,321
3.50%, 2/15/39		81		85,337
3.75%, 8/15/41		111		122,117
3.875%, 8/15/40		110		123,458
4.25%, 5/15/39		71		85,145
4.25%, 11/15/40		106		126,965
4.375%, 2/15/38		70		85,227
4.375%, 11/15/39		102		123,555
4.375%, 5/15/40		103		125,322
4.375%, 5/15/41		106		129,575
4.50%, 2/15/36		69		85,339
4.50%, 5/15/38		69		85,108
4.50%, 8/15/39		69		85,021
4.625%, 2/15/40		166		209,326
4.75%, 2/15/37		67		85,175
4.75%, 2/15/41		97		125,054
5.00%, 5/15/37		64		84,935
7.875%, 2/15/21		213		309,391
8.125%, 5/15/21		209		309,152
8.125%, 8/15/21		207		309,366
8.75%, 5/15/20		207		306,791
8.75%, 8/15/20		205		307,233

			$	3,538,431


Security	Principal Amount (000’s omitted)		Value
U.S. Treasury Note:
0.625%, 7/15/14	$	48	$	48,346
0.75%, 12/15/13		48		48,072
0.75%, 6/15/14		48		48,194
1.00%, 7/15/13		48		47,760
1.00%, 5/15/14		48		47,985
1.00%, 8/31/16		26		26,751
1.25%, 2/15/14		47		47,781
1.25%, 9/30/15		26		26,434
1.50%, 6/30/16		26		26,558
1.50%, 8/31/18		26		26,957
1.625%, 8/15/22		2,095		2,025,239
1.625%, 11/15/22		1,485		1,428,885
1.75%, 3/31/14		47		47,427
1.75%, 7/31/15		107		110,260
1.75%, 5/15/22		285		280,249
1.875%, 6/30/15		25		26,114
2.00%, 1/31/16		25		26,243
2.00%, 11/15/21		1,328		1,342,011
2.125%, 5/31/15		25		26,006
2.125%, 2/29/16		25		26,247
2.125%, 8/15/21		1,814		1,857,957
2.375%, 8/31/14		71		72,728
2.375%, 9/30/14		25		25,722
2.375%, 10/31/14		25		25,760
2.375%, 7/31/17		25		26,385
2.375%, 5/31/18		25		26,538
2.50%, 4/30/15		25		25,842
2.625%, 7/31/14		71		72,505
2.625%, 12/31/14		25		25,736
2.625%, 4/30/16		65		69,098
2.625%, 1/31/18		59		63,531
2.625%, 8/15/20		1,502		1,610,502
2.625%, 11/15/20		489		523,047
2.75%, 11/30/16		86		92,228
2.75%, 5/31/17		104		111,602
2.75%, 12/31/17		24		26,293
2.75%, 2/28/18		24		26,326
2.75%, 2/15/19		298		323,795
2.875%, 3/31/18		24		26,361
3.125%, 10/31/16		88		95,229
3.125%, 4/30/17		179		195,404
3.125%, 5/15/19		291		322,751
3.125%, 5/15/21		1,000		1,103,612
3.25%, 6/30/16		24		25,883
3.25%, 7/31/16		54		59,016
3.25%, 12/31/16		24		25,975
3.375%, 11/15/19		286		322,245
3.50%, 5/15/20		754		854,381


Security	Principal Amount (000’s omitted)		Value
3.625%, 8/15/19	$	392	$	446,412
3.625%, 2/15/20		870		993,549
3.625%, 2/15/21		1,084		1,237,741
3.75%, 11/15/18		280		319,433
4.00%, 2/15/15		24		25,201
4.25%, 11/15/14		24		25,079
4.25%, 8/15/15		23		25,295
4.50%, 2/15/16		23		25,394
4.50%, 5/15/17		22		25,660
5.125%, 5/15/16		22		25,200

			$	16,918,935


Total U.S. Treasury Obligations (identified cost $20,702,346)			$	20,457,366

Exchange-Traded Funds⁽²⁾ — 15.5%



Security	Shares		Value
Equity Funds — 4.6%
Consumer Discretionary Select Sector SPDR Fund (The)		46,495	$	2,609,300
Vanguard Extended Market Index Fund ETF		12,160		858,739

			$	3,468,039

Corporate Bond Funds — 3.4%
iShares iBoxx $ Investment Grade Corporate Bond ETF		21,720	$	2,559,702

			$	2,559,702

Municipal Bond Funds — 7.5%
Market Vectors High-Yield Municipal Index ETF		169,111	$	5,589,118

			$	5,589,118


Total Exchange-Traded Funds (identified cost $11,058,934)			$	11,616,859

Short-Term Investments — 5.9%



Description	Interest (000’s omitted)		Value
Eaton Vance Cash Reserves Fund, LLC, 0.11%⁽³⁾	$	4,442	$	4,441,789


Total Short-Term Investments (identified cost $4,441,789)			$	4,441,789


Total Investments — 98.7% (identified cost $68,865,014)			$	73,983,989


Other Assets, Less Liabilities — 1.3%			$	946,056


Net Assets — 100.0%			$	74,930,045

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.



PC	-	Participation Certificate

PFC Shares	-	Preference Shares

(1)	Non-income producing security.

(2)

The Fund is permitted to invest in certain Exchange-Traded Funds (ETFs) in excess of the limits set forth in the Investment Company Act of 1940 in reliance upon exemptive relief provided to the ETFs by the Securities and Exchange Commission and meeting certain conditions set forth in the exemptive orders.

(3)

Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of May 31, 2013. Net income allocated from the investment in Eaton Vance Cash Reserves Fund, LLC for the fiscal year to date ended May 31, 2013 was $2,534.

Country Concentration of Portfolio



Country	Percentage of Net Assets			Value
United States		35.3	%	$	26,490,672
Japan		3.0			2,279,158
United Kingdom		2.9			2,141,396
Canada		2.0			1,498,523
Switzerland		1.2			907,683
France		1.2			882,132
Germany		0.9			667,522
Australia		0.7			540,613
Ireland		0.5			350,119
Singapore		0.4			307,410
South Africa		0.3			257,530
Luxembourg		0.3			219,735
Sweden		0.2			160,717
Italy		0.2			149,428
Netherlands		0.2			133,620
Spain		0.2			131,502
Denmark		0.2			116,858
China		0.1			89,609
Brazil		0.1			86,964
Bermuda		0.1			56,784

Common Stocks		50.0	%	$	37,467,975
U.S. Treasury Obligations		27.3			20,457,366
Exchange-Traded Funds		15.5			11,616,859
Short-Term Investments		5.9			4,441,789

Total Investments		98.7	%	$	73,983,989

A summary of open financial instruments at May 31, 2013 is as follows:

Futures Contracts


Expiration Month/Year	Contracts	Position	Aggregate Cost		Value		Net Unrealized Appreciation (Depreciation)
6/13	13 E-mini MSCI EAFE Index	Long	$	1,122,719	$	1,097,980	$	(24,739	)
6/13	18 E-mini S&P 500 Index	Long		1,489,208		1,466,100		(23,108	)
6/13	27 Nikkei 225 Index	Long		1,606,414		1,817,775		211,361

							$	163,514

At May 31, 2013, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

The cost and unrealized appreciation (depreciation) of investments of the Fund at May 31, 2013, as determined on a federal income tax basis, were as follows:


Aggregate cost	$	68,863,724

Gross unrealized appreciation	$	5,696,989
Gross unrealized depreciation		(576,724	)

Net unrealized appreciation	$	5,120,265

•

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)

At May 31, 2013, 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
Consumer Discretionary	$	1,138,982		$	3,099,277		$	—	$	4,238,259
Consumer Staples		4,417,933			1,632,155			—		6,050,088
Energy		987,164			—			—		987,164
Financials		7,800,186			2,540,954			—		10,341,140
Health Care		3,626,785			781,456			—		4,408,241
Industrials		3,963,230			—			—		3,963,230
Information Technology		3,543,960			—			—		3,543,960
Materials		625,468			—			—		625,468
Telecommunication Services		952,363			549,528			—		1,501,891
Utilities		1,808,534			—			—		1,808,534
Total Common Stocks	$	28,864,605		$	8,603,370	*	$	—	$	37,467,975
U.S. Treasury Obligations	$	—		$	20,457,366		$	—	$	20,457,366
Exchange-Traded Funds		11,616,859			—			—		11,616,859
Short-Term Investments		—			4,441,789			—		4,441,789
Total Investments	$	40,481,464		$	33,502,525		$	—	$	73,983,989
Futures Contracts	$	211,361		$	—		$	—	$	211,361
Total	$	40,692,825		$	33,502,525		$	—	$	74,195,350

Liability Description
Futures Contracts	$	(47,847	)	$	—		$	—	$	(47,847	)
Total	$	(47,847	)	$	—		$	—	$	(47,847	)

*	Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.

Item 2. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant on this Form N-Q has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant on this Form N-Q has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrant’s internal controls over financial reporting during the fiscal quarter for which the report is filed that have materially affected, or are reasonably likely to materially affect the registrant’s internal control over financial reporting.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Eaton Vance Growth Trust



By:		/s/ Duncan W. Richardson
		Duncan W. Richardson
		President

Date:		July 25, 2013

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.



By:		/s/ Duncan W. Richardson
		Duncan W. Richardson
		President

Date:		July 25, 2013



By:		/s/ James F. Kirchner
		James F. Kirchner
		Treasurer

Date:		July 25, 2013