0001752724-19-080054.txt : 20190725 0001752724-19-080054.hdr.sgml : 20190725 20190725152459 ACCESSION NUMBER: 0001752724-19-080054 CONFORMED SUBMISSION TYPE: NPORT-EX PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190531 FILED AS OF DATE: 20190725 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EATON VANCE GROWTH TRUST CENTRAL INDEX KEY: 0000102816 IRS NUMBER: 042325690 FILING VALUES: FORM TYPE: NPORT-EX SEC ACT: 1940 Act SEC FILE NUMBER: 811-01241 FILM NUMBER: 19974210 BUSINESS ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-482-8260 MAIL ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: EATON VANCE GROWTH FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VANCE SANDERS COMMON STOCK FUND INC DATE OF NAME CHANGE: 19820915 FORMER COMPANY: FORMER CONFORMED NAME: BOSTON STOCK FUND INC DATE OF NAME CHANGE: 19730619 0000102816 S000031538 Eaton Vance Focused Value Opportunities Fund C000098131 Eaton Vance Focused Value Opportunities Fund Class A EAFVX C000098132 Eaton Vance Focused Value Opportunities Fund Class C ECFVX C000098133 Eaton Vance Focused Value Opportunities Fund Class I EIFVX ACCESSION NUMBER: 0001752724-19-071848 NPORT-EX 1 NPORT_5758133157170705.htm HTML

Eaton Vance

Focused Value Opportunities Fund

May 31, 2019

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 99.8%

 

                                                 
Security    Shares      Value  

Aerospace & Defense — 2.0%

      

Textron, Inc.

      42,613      $ 1,930,369  
     

 

 

  
      $ 1,930,369  
     

 

 

  

Banks — 9.2%

      

Bank of America Corp.

      150,152      $ 3,994,043  

PNC Financial Services Group, Inc. (The)

      23,260        2,960,067  

Sterling Bancorp

      96,544        1,864,265  
     

 

 

  
      $ 8,818,375  
     

 

 

  

Beverages — 2.4%

      

Constellation Brands, Inc., Class A

      13,085      $ 2,308,848  
     

 

 

  
      $ 2,308,848  
     

 

 

  

Biotechnology — 2.5%

      

Gilead Sciences, Inc.

      37,836      $ 2,355,291  
     

 

 

  
      $ 2,355,291  
     

 

 

  

Building Products — 1.9%

      

A.O. Smith Corp.

      45,897      $ 1,858,829  
     

 

 

  
      $ 1,858,829  
     

 

 

  

Capital Markets — 4.2%

      

Northern Trust Corp.

      23,677      $ 2,024,857  

Raymond James Financial, Inc.

      23,960        1,978,617  
     

 

 

  
      $ 4,003,474  
     

 

 

  

Chemicals — 3.5%

      

Dow, Inc.(1)

      19,840      $ 927,718  

DowDuPont, Inc.

      79,784        2,435,008  
     

 

 

  
      $ 3,362,726  
     

 

 

  

Consumer Finance — 2.2%

      

American Express Co.

      18,471      $ 2,118,808  
     

 

 

  
      $ 2,118,808  
     

 

 

  

Containers & Packaging — 1.3%

      

Ball Corp.

      20,030      $ 1,229,642  
     

 

 

  
      $ 1,229,642  
     

 

 

  

Diversified Telecommunication Services — 4.6%

      

Verizon Communications, Inc.

      80,955      $ 4,399,904  
     

 

 

  
      $ 4,399,904  
     

 

 

  

Electric Utilities — 5.5%

      

Edison International

      36,723      $ 2,180,245  

NextEra Energy, Inc.

      15,673        3,106,545  
     

 

 

  
      $ 5,286,790  
     

 

 

  

Electronic Equipment, Instruments & Components — 1.7%

      

FLIR Systems, Inc.

      33,817      $ 1,634,376  
     

 

 

  
      $ 1,634,376  
     

 

 

  

 

1

 

 

                                                 
Security    Shares      Value  

Entertainment — 2.9%

      

Walt Disney Co. (The)

      21,323      $ 2,815,489  
     

 

 

  
      $ 2,815,489  
     

 

 

  

Equity Real Estate Investment Trusts (REITs) — 2.9%

      

Mid-America Apartment Communities, Inc.

      24,248      $ 2,768,637  
     

 

 

  
      $ 2,768,637  
     

 

 

  

Food Products — 2.9%

      

Mondelez International, Inc., Class A

      54,176      $ 2,754,850  
     

 

 

  
      $ 2,754,850  
     

 

 

  

Health Care Equipment & Supplies — 5.6%

      

Abbott Laboratories

      40,263      $ 3,065,222  

Baxter International, Inc.

      30,816        2,263,127  
     

 

 

  
      $ 5,328,349  
     

 

 

  

Hotels, Restaurants & Leisure — 2.2%

      

Marriott International, Inc., Class A

      16,668      $ 2,080,833  
     

 

 

  
      $ 2,080,833  
     

 

 

  

Household Durables — 1.9%

      

D.R. Horton, Inc.

      43,844      $ 1,874,769  
     

 

 

  
      $ 1,874,769  
     

 

 

  

Household Products — 4.3%

      

Procter & Gamble Co. (The)

      39,872      $ 4,103,228  
     

 

 

  
      $ 4,103,228  
     

 

 

  

Insurance — 5.4%

      

Allstate Corp. (The)

      23,335      $ 2,228,726  

American International Group, Inc.

      57,455        2,934,227  
     

 

 

  
      $ 5,162,953  
     

 

 

  

IT Services — 2.2%

      

Cognizant Technology Solutions Corp., Class A

      33,859      $ 2,096,888  
     

 

 

  
      $ 2,096,888  
     

 

 

  

Machinery — 2.2%

      

Gardner Denver Holdings, Inc.(1)

      61,106      $ 2,075,771  
     

 

 

  
      $ 2,075,771  
     

 

 

  

Media — 2.5%

      

Fox Corp., Class A

      68,032      $ 2,396,767  
     

 

 

  
      $ 2,396,767  
     

 

 

  

Multi-Utilities — 4.5%

      

CMS Energy Corp.

      31,669      $ 1,776,948  

Sempra Energy

      19,629        2,580,232  
     

 

 

  
      $ 4,357,180  
     

 

 

  

Oil & Gas — 7.9%

      

ConocoPhillips

      37,704      $ 2,223,028  

EOG Resources, Inc.

      22,922        1,876,853  

Phillips 66

      25,140        2,031,312  

Pioneer Natural Resources Co.

      10,011        1,421,162  
     

 

 

  
      $ 7,552,355  
     

 

 

  

Pharmaceuticals — 6.0%

      

Bristol-Myers Squibb Co.

      43,384      $ 1,968,332  

Merck & Co., Inc.

      47,421        3,756,217  
     

 

 

  
      $ 5,724,549  
     

 

 

  

 

2

 

 

                                                 
Security    Shares      Value  

Semiconductors & Semiconductor Equipment — 3.6%

      

NXP Semiconductors NV

      14,283      $ 1,259,189  

QUALCOMM, Inc.

      33,361        2,229,182  
     

 

 

  
      $ 3,488,371  
     

 

 

  

Specialty Retail — 1.8%

      

Tiffany & Co.

      19,404      $ 1,729,090  
     

 

 

  
      $ 1,729,090  
     

 

 

  

Total Common Stocks
(identified cost $90,897,012)

       $ 95,617,511  
     

 

 

  

Short-Term Investments — 0.6%

      
Description    Units      Value  

Eaton Vance Cash Reserves Fund, LLC, 2.53%(2)

      606,499      $ 606,499  
     

 

 

  

Total Short-Term Investments
(identified cost $606,499)

       $ 606,499  
     

 

 

  

Total Investments — 100.4%
(identified cost $91,503,511)

       $ 96,224,010  
     

 

 

  

Other Assets, Less Liabilities — (0.4)%

       $ (422,910 ) 
     

 

 

  

Net Assets — 100.0%

       $ 95,801,100  
     

 

 

  

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

 

(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, 2019. Net income from the investment in Eaton Vance Cash Reserves Fund, LLC for the fiscal year to date ended May 31, 2019 was $1,493.

The Fund did not have any open derivative instruments at May 31, 2019.

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.

 

3

 

 

At May 31, 2019, 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

    $ 95,617,511 *     $ —      $ —      $ 95,617,511  

Short-Term Investments

      —        606,499        —        606,499  

Total Investments

    $     95,617,511      $     606,499      $     —      $     96,224,010  

 

*

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

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

 

4