NPORT-EX 2 NPORT_FP1R_93467484_0821.htm HTML

Eaton Vance

Focused Global Opportunities Fund

August 31, 2021

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 99.8%

 

                                                 
Security    Shares      Value  

Australia — 1.9%

 

CSL, Ltd.

      656      $ 149,202  
     

 

 

  
   $ 149,202  
     

 

 

  

Belgium — 1.4%

 

KBC Group NV

      1,324      $ 111,269  
     

 

 

  
   $ 111,269  
     

 

 

  

Denmark — 2.2%

 

Novo Nordisk A/S, Class B

      1,691      $ 169,286  
     

 

 

  
   $ 169,286  
     

 

 

  

France — 7.6%

 

LVMH Moet Hennessy Louis Vuitton SE

      166      $ 122,974  

Safran S.A.

      1,014        127,202  

Sanofi

      1,736        179,917  

Schneider Electric SE

      903        161,336  
     

 

 

  
   $ 591,429  
     

 

 

  

Germany — 3.3%

 

adidas AG

      732      $ 259,677  
     

 

 

  
   $ 259,677  
     

 

 

  

Hong Kong — 2.2%

 

AIA Group, Ltd.

      14,682      $ 175,314  
     

 

 

  
   $ 175,314  
     

 

 

  

India — 2.1%

 

HDFC Bank, Ltd. ADR

      2,142      $ 167,740  
     

 

 

  
   $ 167,740  
     

 

 

  

Ireland — 1.6%

 

Kingspan Group PLC

      1,078      $ 123,102  
     

 

 

  
   $ 123,102  
     

 

 

  

Japan — 3.3%

 

Keyence Corp.

      206      $ 123,668  

ORIX Corp.

      7,200        134,334  
     

 

 

  
   $ 258,002  
     

 

 

  

Netherlands — 3.2%

 

ASML Holding NV

      296      $ 246,860  
     

 

 

  
   $ 246,860  
     

 

 

  

 

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Security    Shares      Value  

Spain — 1.8%

 

Amadeus IT Group S.A.(1)

      2,358      $ 144,022  
     

 

 

  
   $ 144,022  
     

 

 

  

Switzerland — 4.3%

 

Roche Holding AG PC

      364      $ 146,166  

TE Connectivity, Ltd.

      1,259        189,127  
     

 

 

  
   $ 335,293  
     

 

 

  

United Kingdom — 8.6%

 

DCC PLC

      1,678      $ 142,637  

Diageo PLC

      2,960        142,295  

London Stock Exchange Group PLC

      1,692        185,348  

RELX PLC

      6,632        199,034  
     

 

 

  
   $ 669,314  
     

 

 

  

United States — 56.3%

 

Alphabet, Inc., Class A(1)

      151      $ 436,986  

Amazon.com, Inc.(1)

      93        322,783  

AMETEK, Inc.

      947        128,764  

Boston Scientific Corp.(1)

      3,926        177,259  

CDW Corp.

      893        179,145  

Citigroup, Inc.

      2,658        191,137  

Coca-Cola Co. (The)

      4,010        225,803  

Eli Lilly & Co.

      615        158,848  

GXO Logistics, Inc.(1)

      2,769        226,476  

Ingersoll Rand, Inc.(1)

      2,633        139,602  

Intuitive Surgical, Inc.(1)

      126        132,749  

Lowe’s Cos., Inc.

      539        109,897  

Microsoft Corp.

      1,553        468,820  

Mondelez International, Inc., Class A

      3,192        198,127  

NextEra Energy, Inc.

      2,139        179,655  

TJX Cos., Inc. (The)

      2,404        174,819  

Verisk Analytics, Inc.

      836        168,671  

Visa, Inc., Class A

      1,025        234,827  

Walt Disney Co. (The)(1)

      1,480        268,324  

Wells Fargo & Co.

      2,929        133,855  

Zoetis, Inc.

      739        151,170  
     

 

 

  
   $ 4,407,717  
     

 

 

  

Total Common Stocks
(identified cost $4,962,600)

 

    $ 7,808,227  
     

 

 

  

 

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Short-Term Investments — 2.9%

 

Description    Units      Value  

Eaton Vance Cash Reserves Fund, LLC, 0.07%(2)

      227,923      $ 227,923  
     

 

 

  

Total Short-Term Investments
(identified cost $227,923)

       $ 227,923  
     

 

 

  

Total Investments — 102.7%
(identified cost $5,190,523)

       $ 8,036,150  
     

 

 

  

Other Assets, Less Liabilities — (2.7)%

       $ (209,769 ) 
     

 

 

  

Net Assets — 100.0%

       $ 7,826,381  
     

 

 

  

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 August 31, 2021.

Sector Classification of Portfolio

 

                                                                          
Sector    Percentage
of Net Assets		     Value  

Information Technology

      20.3 %    $ 1,586,469  

Industrials

      18.1       1,416,824  

Health Care

      16.2       1,264,597  

Financials

      14.0       1,098,997  

Consumer Discretionary

      12.7       990,150  

Communication Services

      9.0       705,310  

Consumer Staples

      7.2       566,225  

Utilities

      2.3       179,655  

Short-Term Investments

      2.9       227,923  
  

 

 

    

 

 

  

Total Investments

      102.7 %    $ 8,036,150  
  

 

 

    

 

 

  

Abbreviations:

 

ADR

   -   American Depositary Receipt

PC

   -   Participation Certificate

 

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The Fund did not have any open derivative instruments at August 31, 2021.

At August 31, 2021, the value of the Fund’s investment in affiliated funds was $227,923, which represents 2.9% of the Fund’s net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended August 31, 2021 were as follows:

 

                                                                                                                                                                                                       

Name of

affiliated fund

    Value,
beginning of
period		      Purchases      Sales
proceeds		     Net
realized
gain (loss)		      Change in
unrealized
appreciation
(depreciation)		      Value, end of
period		      Dividend
income		      Units, end
of period		  
                                                        

Short-Term Investments

 

Eaton Vance Cash Reserves Fund, LLC

    $     81,961      $     2,335,077      $     (2,189,115 )    $     —        $     —        $     227,923      $     62        227,923  

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 August 31, 2021, 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

            

Asia/Pacific

    $ 167,740      $ 582,518      $ —      $ 750,258  

Developed Europe

      189,127        2,461,125        —        2,650,252  

North America

      4,407,717        —        —        4,407,717  

Total Common Stocks

    $ 4,764,584      $ 3,043,643 *     $ —      $ 7,808,227  

Short-Term Investments

    $ —      $ 227,923      $ —      $ 227,923  

Total Investments

    $     4,764,584      $     3,271,566      $ —      $     8,036,150  

 

*

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.

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

 

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