NPORT-EX 2 NPORT_FJ7H_36853324_0922.htm
Eaton Vance
Large-Cap Value Fund
September 30, 2022
Portfolio of Investments (Unaudited)

Common Stocks — 99.7%
Security Shares Value
Aerospace & Defense — 3.7%
Hexcel Corp.     383,611 $   19,840,361
Huntington Ingalls Industries, Inc.     153,908    34,090,622
      $   53,930,983
Air Freight & Logistics — 1.2%
C.H. Robinson Worldwide, Inc.     175,446 $   16,897,204
      $   16,897,204
Banks — 7.3%
Citizens Financial Group, Inc.     531,474 $   18,261,447
M&T Bank Corp.     208,132    36,697,834
Wells Fargo & Co.   1,255,324    50,489,131
      $  105,448,412
Beverages — 2.4%
Constellation Brands, Inc., Class A     149,583 $   34,356,223
      $   34,356,223
Biotechnology — 3.3%
AbbVie, Inc.     185,131 $   24,846,432
Neurocrine Biosciences, Inc.(1)     222,968    23,681,431
      $   48,527,863
Building Products — 1.8%
Johnson Controls International PLC     519,413 $   25,565,508
      $   25,565,508
Capital Markets — 7.4%
Charles Schwab Corp. (The)     586,076 $   42,121,282
Goldman Sachs Group, Inc. (The)     120,330    35,262,707
State Street Corp.     182,525    11,099,345
Stifel Financial Corp.     355,309    18,444,090
      $  106,927,424
Chemicals — 3.6%
FMC Corp.     195,063 $   20,618,159
Linde PLC      91,612    24,697,679
Sherwin-Williams Co. (The)      33,298     6,817,766
      $   52,133,604
Security Shares Value
Communications Equipment — 1.5%
Cisco Systems, Inc.     557,658 $   22,306,320
      $   22,306,320
Containers & Packaging — 0.9%
Packaging Corp. of America     114,616 $   12,870,231
      $   12,870,231
Diversified Telecommunication Services — 1.8%
Verizon Communications, Inc.     670,710 $   25,466,859
      $   25,466,859
Electric Utilities — 3.6%
Edison International     198,929 $   11,255,403
NextEra Energy, Inc.     519,029    40,697,064
      $   51,952,467
Electrical Equipment — 1.5%
Eaton Corp. PLC     162,327 $   21,647,929
      $   21,647,929
Energy Equipment & Services — 1.2%
Halliburton Co.     732,043 $   18,022,899
      $   18,022,899
Entertainment — 2.6%
Walt Disney Co. (The)(1)     394,588 $   37,221,486
      $   37,221,486
Equity Real Estate Investment Trusts (REITs) — 4.6%
EastGroup Properties, Inc.     105,454 $   15,221,230
Healthpeak Properties, Inc.     520,640    11,933,069
Invitation Homes, Inc.     558,102    18,847,104
Mid-America Apartment Communities, Inc.     137,524    21,325,847
      $   67,327,250
Food & Staples Retailing — 3.4%
BJ's Wholesale Club Holdings, Inc.(1)     446,754 $   32,528,159
Performance Food Group Co.(1)     378,241    16,245,451
      $   48,773,610
Food Products — 2.5%
Hershey Co. (The)     163,516 $   36,050,373
      $   36,050,373
 
1

Eaton Vance
Large-Cap Value Fund
September 30, 2022
Portfolio of Investments (Unaudited) — continued

Security Shares Value
Health Care Equipment & Supplies — 2.3%
Teleflex, Inc.      54,106 $   10,900,195
Zimmer Biomet Holdings, Inc.     215,132    22,492,050
      $   33,392,245
Hotels, Restaurants & Leisure — 1.0%
Papa John's International, Inc.(2)     205,645 $   14,397,206
      $   14,397,206
Insurance — 4.0%
American International Group, Inc.     731,090 $   34,712,153
Arch Capital Group, Ltd.(1)     235,175    10,709,869
Reinsurance Group of America, Inc.      97,459    12,261,317
      $   57,683,339
Interactive Media & Services — 2.2%
Alphabet, Inc., Class A(1)     337,250 $   32,257,963
      $   32,257,963
IT Services — 1.2%
Fidelity National Information Services, Inc.     226,076 $   17,084,563
      $   17,084,563
Life Sciences Tools & Services — 4.3%
Thermo Fisher Scientific, Inc.      72,298 $   36,668,823
Waters Corp.(1)      94,825    25,558,182
      $   62,227,005
Machinery — 3.3%
PACCAR, Inc.     218,949 $   18,323,842
Westinghouse Air Brake Technologies Corp.     361,415    29,401,110
      $   47,724,952
Multiline Retail — 1.6%
Dollar Tree, Inc.(1)     171,869 $   23,391,371
      $   23,391,371
Multi-Utilities — 2.5%
CMS Energy Corp.     259,570 $   15,117,357
Sempra Energy     144,919    21,729,155
      $   36,846,512
Oil, Gas & Consumable Fuels — 8.0%
Chevron Corp.     288,901 $   41,506,407
Security Shares Value
Oil, Gas & Consumable Fuels (continued)
ConocoPhillips     443,290 $   45,366,298
EOG Resources, Inc.     262,389    29,316,723
      $  116,189,428
Pharmaceuticals — 7.9%
Bristol-Myers Squibb Co.     508,454 $   36,145,995
Johnson & Johnson     165,704    27,069,405
Novo Nordisk A/S ADR     200,829    20,008,593
Royalty Pharma PLC, Class A     216,575     8,701,984
Sanofi     297,083    22,621,824
      $  114,547,801
Semiconductors & Semiconductor Equipment — 3.4%
Micron Technology, Inc.     486,744 $   24,385,875
Texas Instruments, Inc.     158,708    24,564,824
      $   48,950,699
Software — 1.7%
VMware, Inc., Class A     229,568 $   24,439,809
      $   24,439,809
Specialty Retail — 1.0%
Lithia Motors, Inc.      68,466 $   14,689,380
      $   14,689,380
Wireless Telecommunication Services — 1.0%
T-Mobile US, Inc.(1)     107,392 $   14,408,785
      $   14,408,785
Total Common Stocks
(identified cost $1,350,511,426)
    $1,443,657,703
    
Short-Term Investments — 0.5%
Security Shares Value
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 2.80%(3)   6,831,235 $    6,831,235
Total Short-Term Investments
(identified cost $6,831,235)
    $    6,831,235
Total Investments — 100.2%
(identified cost $1,357,342,661)
    $1,450,488,938
Other Assets, Less Liabilities — (0.2)%     $   (3,437,317)
Net Assets — 100.0%     $1,447,051,621
    
 
2

Eaton Vance
Large-Cap Value Fund
September 30, 2022
Portfolio of Investments (Unaudited) — continued

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.
(1) Non-income producing security.
(2) All or a portion of this security was on loan at September 30, 2022. The aggregate market value of securities on loan at September 30, 2022 was $2,183,262 and the total market value of the collateral received by the Fund was $2,294,975, comprised of U.S. government and/or agencies securities.
(3) May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of September 30, 2022.
Abbreviations:
ADR – American Depositary Receipt
 
The Fund did not have any open derivative instruments at September 30, 2022.
Affiliated Investments
At September 30, 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 $6,831,235, which represents 0.5% of the Fund's net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended September 30, 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 $6,681,683 $73,592,438 $(80,274,486) $365 $ — $ — $1,360       —
Liquidity Fund  — 115,840,948 (109,009,713)  —  — 6,831,235 41,124 6,831,235
Total       $365 $ — $6,831,235 $42,484  
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.
At September 30, 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:        
Communication Services $  109,355,093 $       — $ — $  109,355,093
Consumer Discretionary    52,477,957        —  —    52,477,957
Consumer Staples   119,180,206        —  —   119,180,206
Energy   134,212,327        —  —   134,212,327
Financials   270,059,175        —  —   270,059,175
Health Care   236,073,090 22,621,824  —   258,694,914
Industrials   165,766,576        —  —   165,766,576
Information Technology   112,781,391        —  —   112,781,391
3

Eaton Vance
Large-Cap Value Fund
September 30, 2022
Portfolio of Investments (Unaudited) — continued

Asset Description(continued) Level 1 Level 2 Level 3 Total
Materials $   65,003,835 $       — $ — $   65,003,835
Real Estate    67,327,250        —  —    67,327,250
Utilities    88,798,979        —  —    88,798,979
Total Common Stocks $1,421,035,879 $22,621,824* $ — $1,443,657,703
Short-Term Investments $    6,831,235 $       — $ — $    6,831,235
Total Investments $1,427,867,114 $22,621,824 $ — $1,450,488,938
* 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.
4