Fund changed fiscal year end from August 31 to October 31.

Aerospace & Defense — 1.8%

Hexcel Corp.

Textron, Inc.

Banks — 14.4%

Bank of America Corp.

Citigroup, Inc.

JPMorgan Chase & Co.

KeyCorp

PNC Financial Services Group, Inc. (The)

Sterling Bancorp

U.S. Bancorp

Wells Fargo & Co.

Beverages — 1.8%

Constellation Brands, Inc., Class A

PepsiCo, Inc.

Biotechnology — 0.9%

Gilead Sciences, Inc.

Building Products — 1.2%

A.O. Smith Corp.

Capital Markets — 3.1%

Charles Schwab Corp. (The)

Northern Trust Corp.

Raymond James Financial, Inc.

S&P Global, Inc.

Chemicals — 1.6%

DowDuPont, Inc.

Construction & Engineering — 0.8%

Abengoa SA, Class A⁽²⁾

Abengoa SA, Class B⁽²⁾

Fluor Corp.

Consumer Finance — 1.7%

American Express Co.

Discover Financial Services

Containers & Packaging — 2.8%

Ball Corp.

Packaging Corp. of America

Diversified Telecommunication Services — 3.4%

Verizon Communications, Inc.

Electric Utilities — 3.6%

Edison International

NextEra Energy, Inc.

Electronic Equipment, Instruments & Components — 1.5%

FLIR Systems, Inc.

Energy Equipment & Services — 0.8%

Halliburton Co.

Entertainment — 1.3%

Walt Disney Co. (The)

Equity Real Estate Investment Trusts (REITs) — 3.7%

AvalonBay Communities, Inc.

Boston Properties, Inc.

Mid-America Apartment Communities, Inc.

ProLogis, Inc.

Food Products — 1.8%

Mondelez International, Inc., Class A

Health Care Equipment & Supplies — 3.7%

Abbott Laboratories

Baxter International, Inc.

Boston Scientific Corp.⁽²⁾

Health Care Providers & Services — 1.6%

Anthem, Inc.

WellCare Health Plans, Inc.⁽²⁾

Hotels, Restaurants & Leisure — 1.0%

Marriott International, Inc., Class A

Starbucks Corp.

Household Durables — 0.8%

D.R. Horton, Inc.

Household Products — 2.9%

Procter & Gamble Co. (The)

Insurance — 0.5%

Progressive Corp. (The)

Interactive Media & Services — 1.0%

Alphabet, Inc., Class C⁽²⁾

IT Services — 1.4%

Leidos Holdings, Inc.

Machinery — 3.6%

Gardner Denver Holdings, Inc.⁽²⁾

Parker-Hannifin Corp.

Stanley Black & Decker, Inc.

Multi-Utilities — 2.6%

CMS Energy Corp.

Sempra Energy

Oil, Gas & Consumable Fuels — 8.5%

ConocoPhillips

EOG Resources, Inc.

Exxon Mobil Corp.

Phillips 66

Personal Products — 1.0%

Estee Lauder Cos., Inc. (The), Class A

Pharmaceuticals — 9.0%

GlaxoSmithKline PLC ADR

Johnson & Johnson

Merck & Co., Inc.

Zoetis, Inc.

Road & Rail — 1.3%

CSX Corp.

Semiconductors & Semiconductor Equipment — 3.1%

Intel Corp.

NXP Semiconductors NV

QUALCOMM, Inc.

Specialty Retail — 3.3%

Home Depot, Inc. (The)

Tiffany & Co.

TJX Cos., Inc. (The)

Tractor Supply Co.

Technology Hardware, Storage & Peripherals — 0.9%

Apple, Inc.

Textiles, Apparel & Luxury Goods — 1.2%

Lululemon Athletica, Inc.⁽²⁾

Tapestry, Inc.

Total Common Stocks
(identified cost $1,276,356,703)

Preferred Stocks — 7.0%

Banks — 2.3%

AgriBank FCB, 6.875% to 1/1/24⁽¹⁾⁽³⁾

CoBank ACB, Series F, 6.25% to 10/1/22⁽¹⁾⁽³⁾

Farm Credit Bank of Texas, 6.75% to 9/15/23^(1)(3)(4)

First Tennessee Bank NA, 3.75%, (3 mo. USD LIBOR + 0.85%, Floor 3.75%)^(1)(4)(5)

IBERIABANK Corp., Series C, 6.60% to 5/1/26⁽¹⁾⁽³⁾

Texas Capital Bancshares, Inc., 6.50%⁽¹⁾

Wells Fargo & Co., Series Y, 5.625%⁽¹⁾

Electric Utilities — 0.6%

NextEra Energy Capital Holdings, Inc., Series I, 5.125%⁽¹⁾

Southern Co. (The), 6.25%⁽¹⁾

Equity Real Estate Investment Trusts (REITs) — 1.1%

CBL & Associates Properties, Inc., Series D, 7.375%⁽¹⁾

SITE Centers Corp., Series A, 6.375%⁽¹⁾

SITE Centers Corp., Series K, 6.25%⁽¹⁾

Vornado Realty Trust, Series K, 5.70%⁽¹⁾

Food Products — 0.9%

Dairy Farmers of America, Inc., 7.875%⁽¹⁾⁽⁴⁾

Ocean Spray Cranberries, Inc., 6.25%⁽¹⁾⁽⁴⁾

Independent Power and Renewable Electricity Producers — 0.7%

Algonquin Power & Utilities Corp., 6.875% to 10/17/23⁽³⁾

Insurance — 0.3%

PartnerRe, Ltd., Series I, 5.875%⁽¹⁾

Multi-Utilities — 0.1%

DTE Energy Co., Series C, 5.25%⁽¹⁾

Oil, Gas & Consumable Fuels — 0.9%

NuStar Energy, L.P., Series B, 7.625% to 6/15/22⁽¹⁾⁽³⁾

Pipelines — 0.1%

Enbridge, Inc., Series B, 6.375% to 4/15/23⁽³⁾

Total Preferred Stocks
(identified cost $118,173,966)

Airlines — 0.2%

Azul Investments LLP, 5.875%, 10/26/24⁽¹⁾⁽⁴⁾

Automobiles — 0.7%

General Motors Financial Co., Inc., Series A, 5.75% to 9/30/27^(1)(3)(6)

Banks — 10.1%

Banco Bilbao Vizcaya Argentaria SA, 6.125% to 11/16/27^(1)(3)(6)

Banco Mercantil del Norte SA/Grand Cayman, 7.625% to 1/10/28^(1)(3)(4)(6)

Bank of America Corp., Series DD, 6.30% to 3/10/26⁽³⁾⁽⁶⁾

Bank of America Corp., Series FF, 5.875% to 3/15/28^(1)(3)(6)

Barclays PLC, 7.75% to 9/15/23⁽³⁾⁽⁶⁾

Citigroup, Inc., Series M, 6.30% to 5/15/24^(1)(3)(6)

Citigroup, Inc., Series R, 6.125% to 11/15/20⁽³⁾⁽⁶⁾

Citigroup, Inc., Series T, 6.25% to 8/15/26^(1)(3)(6)

Credit Agricole SA, 7.875% to 1/23/24^(1)(3)(4)(6)

Credit Suisse Group AG, 7.50% to 7/17/23^(3)(4)(6)

Danske Bank A/S, 7.00% to 6/26/25^(3)(6)(7)

Farm Credit Bank of Texas, Series 3, 6.20% to 6/15/28^(3)(4)(6)

JPMorgan Chase & Co., Series X, 6.10% to 10/1/24^(1)(3)(6)

Lloyds Banking Group PLC, 7.50% to 6/27/24^(1)(3)(6)

Royal Bank of Scotland Group PLC, 8.00% to 8/10/25^(1)(3)(6)

Societe Generale SA, 6.75% to 4/6/28^(1)(3)(4)(6)

SunTrust Banks, Inc., Series H, 5.125% to 12/15/27^(1)(3)(6)

UniCredit SpA, 8.00% to 6/3/24^(1)(3)(6)(7)

Zions Bancorporation, Series I, 5.80% to 6/15/23^(1)(3)(6)

Capital Markets — 1.4%

Charles Schwab Corp. (The), Series F, 5.00% to 12/1/27^(1)(3)(6)

UBS Group AG, 6.875% to 8/7/25^(1)(3)(6)(7)

Construction & Engineering — 0.0%⁽⁸⁾

Abengoa Abenewco 2 SAU, 1.50%, (1.50% Cash or 0.25% Cash and 1.25% PIK),
3/31/23⁽¹⁾⁽⁴⁾

Diversified Financial Services — 1.3%

Cadence Financial Corp., 4.875%, 6/28/19⁽¹⁾⁽⁴⁾

Credito Real SAB de SOFOM ER, 9.50%, 2/7/26⁽⁴⁾⁽⁹⁾

Textron Financial Corp., 4.351%, (3 mo. USD LIBOR + 1.735%), 2/15/67^(1)(4)(5)

Unifin Financiera SAB de CV SOFOM ENR, 7.375%, 2/12/26⁽⁴⁾

Unifin Financiera SAB de CV SOFOM ENR, 8.875% to 1/29/25^(1)(3)(4)(6)

Electric Utilities — 2.3%

AES Gener SA, 8.375% to 6/18/19, 12/18/73^(1)(3)(4)

Pacific Gas & Electric Co., 3.50%, 10/1/20⁽¹⁰⁾

Pacific Gas & Electric Co., 4.25%, 3/15/46⁽¹⁰⁾

Southern California Edison Co., Series E, 6.25% to 2/1/22⁽³⁾⁽⁶⁾

Southern Co. (The), Series B, 5.50% to 3/15/22, 3/15/57⁽¹⁾⁽³⁾

Energy Equipment & Services — 0.4%

Oceaneering International, Inc., 4.65%, 11/15/24

Oceaneering International, Inc., 6.00%, 2/1/28⁽¹⁾

Equity Real Estate Investment Trusts (REITs) — 0.2%

Newmark Group, Inc., 6.125%, 11/15/23⁽⁴⁾

Food Products — 0.8%

Land O’ Lakes, Inc., 8.00%^(1)(4)(6)

Gas Utilities — 0.3%

NiSource, Inc., 5.65% to 6/15/23^(3)(4)(6)

Insurance — 0.7%

Prudential Financial, Inc., 5.70% to 9/15/28, 9/15/48⁽³⁾

Voya Financial, Inc., Series A, 6.125% to 9/15/23⁽³⁾⁽⁶⁾

Metals & Mining — 0.5%

BHP Billiton Finance USA, Ltd., 6.75% to 10/20/25, 10/19/75^(1)(3)(4)

Multi-Utilities — 1.0%

Centerpoint Energy, Inc., Series A, 6.125% to 9/1/23⁽³⁾⁽⁶⁾

Dominion Resources, Inc., 5.75% to 10/1/24, 10/1/54⁽¹⁾⁽³⁾

Oil, Gas & Consumable Fuels — 1.6%

EnLink Midstream Partners, L.P., Series C, 6.00% to 12/15/22^(1)(3)(6)

Enterprise Products Operating, LLC, Series E, 5.25% to 8/16/27, 8/16/77⁽³⁾

Odebrecht Oil & Gas Finance, Ltd., 0.00%^(1)(4)(6)

Plains All American Pipeline, L.P., Series B, 6.125% to 11/15/22^(1)(3)(6)

Pharmaceuticals — 0.5%

Teva Pharmaceutical Finance Netherlands III B.V., 6.00%, 4/15/24⁽¹⁾

Pipelines — 0.4%

Energy Transfer Operating, L.P., Series A, 6.25% to 2/15/23^(1)(3)(6)

Toys, Games & Hobbies — 0.4%

Mattel, Inc., 6.75%, 12/31/25⁽⁴⁾

Transportation — 0.2%

JSL Europe SA, 7.75%, 7/26/24⁽¹⁾⁽⁴⁾

Total Corporate Bonds & Notes
(identified cost $385,817,929)

Exchange-Traded Funds — 2.4%

Equity Funds — 2.4%

First Trust Preferred Securities and Income ETF⁽¹⁾

Total Exchange-Traded Funds
(identified cost $40,568,769)

Short-Term Investments — 0.6%

Eaton Vance Cash Reserves Fund, LLC, 2.61%⁽¹¹⁾

Total Short-Term Investments
(identified cost $9,576,563)

Total Investments — 126.6%
(identified cost $1,830,493,930)

Other Assets, Less Liabilities — (26.6)%

Net Assets — 100.0%

Security (or a portion thereof) has been segregated as collateral with the custodian for borrowings under the Credit Agreement.

Non-income producing security.

Security converts to floating rate after the indicated fixed-rate coupon period.

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At January 31, 2019, the aggregate value of these securities is $136,240,580 or 8.5% of the Fund’s net assets.

Variable rate security. The stated dividend/interest rate represents the rate in effect at January 31, 2019.

Perpetual security with no stated maturity date but may be subject to calls by the issuer.

Security exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. At January 31, 2019, the aggregate value of these securities is $30,317,277 or 1.9% of the Fund’s net assets.

Amount is less than 0.05%.

When-issued security.

Issuer is in default with respect to interest and/or principal payments.

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 January 31, 2019. Net income from the investment in Eaton Vance Cash Reserves Fund, LLC for the fiscal year to date ended January 31, 2019 was $40,497.

United States

United Kingdom

Switzerland

France

Mexico

Canada

Netherlands

Italy

Chile

Israel

Australia

Spain

Brazil

Denmark

Exchange-Traded Funds

Total Investments

ADR

LIBOR

PIK

USD

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)

Communication Services

Consumer Discretionary

Consumer Staples

Energy

Financials

Health Care

Industrials

Information Technology

Materials

Real Estate

Utilities

Total Common Stocks

Consumer Staples

Energy

Financials

Real Estate

Utilities

Total Preferred Stocks

Corporate Bonds & Notes

Exchange-Traded Funds

Short-Term Investments

Total Investments

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.