NPORT-EX 2 NPORT_FP1R_21402414_0822.htm
Eaton Vance
Focused Global Opportunities Fund
August 31, 2022
Portfolio of Investments (Unaudited)

Common Stocks — 97.3%
Security Shares Value
Australia — 2.4%
CSL, Ltd.       809 $  161,814
      $  161,814
Denmark — 2.3%
Novo Nordisk A/S, Class B     1,483 $  158,553
      $  158,553
France — 7.3%
LVMH Moet Hennessy Louis Vuitton SE       178 $  114,858
Safran S.A.     1,354   138,046
Sanofi     1,746   142,735
Schneider Electric SE       858   101,980
      $  497,619
Germany — 3.6%
adidas AG       898 $  133,158
Siemens AG     1,098   111,221
      $  244,379
Hong Kong — 2.6%
AIA Group, Ltd.    18,471 $  177,714
      $  177,714
India — 2.0%
HDFC Bank, Ltd. ADR     2,300 $  140,415
      $  140,415
Ireland — 1.0%
Kingspan Group PLC     1,158 $   65,565
      $   65,565
Japan — 2.2%
Nihon M&A Center Holdings, Inc.     5,540 $   68,659
Recruit Holdings Co., Ltd.     2,620    83,291
      $  151,950
Netherlands — 3.1%
ASML Holding NV       222 $  108,362
Stellantis NV     7,760   103,367
      $  211,729
Security Shares Value
Spain — 4.2%
Amadeus IT Group S.A.(1)     1,897 $  100,141
Iberdrola S.A.    18,294   190,472
      $  290,613
Switzerland — 9.4%
Nestle S.A.     2,426 $  283,898
Roche Holding AG PC       528   170,143
TE Connectivity, Ltd.     1,529   192,975
      $  647,016
Taiwan — 1.2%
Taiwan Semiconductor Manufacturing Co., Ltd. ADR       992 $   82,683
      $   82,683
United Kingdom — 1.8%
RELX PLC     4,644 $  121,789
      $  121,789
United States — 54.2%
Alphabet, Inc., Class A(1)     3,320 $  359,291
Amazon.com, Inc.(1)     1,860   235,792
AMETEK, Inc.       942   113,191
Boston Scientific Corp.(1)     4,906   197,761
CDW Corp.     1,049   179,065
Citigroup, Inc.     4,288   209,297
Coca-Cola Co. (The)     5,075   313,178
Danaher Corp.       753   203,242
GXO Logistics, Inc.(1)     2,552   113,258
Ingersoll Rand, Inc.     2,827   133,915
Intuitive Surgical, Inc.(1)       500   102,870
Lowe's Cos., Inc.       509    98,817
Microsoft Corp.     1,666   435,609
Mondelez International, Inc., Class A     3,272   202,406
Verisk Analytics, Inc.       663   124,087
Visa, Inc., Class A     1,138   226,132
Walt Disney Co. (The)(1)     1,740   195,019
Wells Fargo & Co.     4,079   178,293
Zoetis, Inc.       583    91,257
      $3,712,480
Total Common Stocks
(identified cost $5,975,483)
    $6,664,319
    
 
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Eaton Vance
Focused Global Opportunities Fund
August 31, 2022
Portfolio of Investments (Unaudited) — continued

Short-Term Investments — 2.8%
Security Shares Value
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 2.11%(2)   195,810 $  195,810
Total Short-Term Investments
(identified cost $195,810)
    $  195,810
     
Total Investments — 100.1%
(identified cost $6,171,293)
    $6,860,129
Other Assets, Less Liabilities — (0.1)%     $  (10,194)
Net Assets — 100.0%     $6,849,935
The percentage shown for each investment category in the Portfolio of Investments is based on net assets.
(1) Non-income producing security.
(2) May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of August 31, 2022.
Sector Classification of Portfolio
Sector Percentage
of Net Assets
Value
Information Technology 19.3% $1,324,967
Health Care 17.9 1,228,375
Industrials 17.2 1,175,002
Consumer Staples 11.7 799,482
Financials 10.3 705,719
Consumer Discretionary 10.0 685,992
Communication Services 8.1 554,310
Utilities 2.8 190,472
Short-Term Investments 2.8 195,810
Total Investments 100.1% $6,860,129
Abbreviations:
ADR – American Depositary Receipt
PC – Participation Certificate
 
The Fund did not have any open derivative instruments at August 31, 2022.
Affiliated Investments
At August 31, 2022, the value of the Fund's investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio (Liquidity Fund) and Eaton Vance Cash Reserves Fund, LLC (Cash Reserves Fund) was $195,810, which represents 2.8% of the Fund's net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended August 31, 2022 were as follows:
Name Value,
beginning
of period
Purchases Sales
proceeds
Net
realized
gain (loss)
Change in
unrealized
appreciation
(depreciation)
Value, end
of period
Dividend
income
Units/Shares,
end of period
Short-Term Investments
Cash Reserves Fund $172,262 $847,305 $(1,019,567) $ — $ — $ — $34     —
Liquidity Fund  — 484,831 (289,021)  —  — 195,810 660 195,810
Total       $ — $ — $195,810 $694  
Fair Value Measurements
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.
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Eaton Vance
Focused Global Opportunities Fund
August 31, 2022
Portfolio of Investments (Unaudited) — continued

At August 31, 2022, 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 $  223,098 $  491,478 $ — $  714,576
Developed Europe   192,975 2,044,288  — 2,237,263
North America 3,712,480       —  — 3,712,480
Total Common Stocks $4,128,553 $2,535,766* $ — $6,664,319
Short-Term Investments $  195,810 $      — $ — $  195,810
Total Investments $4,324,363 $2,535,766 $ — $6,860,129
* 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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