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Eaton Vance
Tax-Advantaged Global Dividend Opportunities Fund
July 31, 2026
Portfolio of Investments (Unaudited)
 
Common Stocks — 100.3%
 
Security
Shares
Value
Aerospace & Defense — 2.4%
BAE Systems PLC
 
  300,387
$  8,503,755
Safran SA
 
   12,583
  4,944,883
 
 
$ 13,448,638
Automobiles — 0.8%
Tesla, Inc.(1)
 
   13,610
$  4,235,568
 
 
$  4,235,568
Banks — 10.4%
Banco Santander SA
 
  622,088
$  8,847,503
Bank Polska Kasa Opieki SA
 
  110,750
  7,300,062
Barclays PLC
 
1,075,222
  7,390,579
BNP Paribas SA
 
   43,942
  5,583,648
Citigroup, Inc.
 
    7,970
  1,055,626
Grupo Financiero Banorte SAB de CV, Class O
 
  356,494
  4,109,268
HDFC Bank Ltd.
 
  371,033
  2,905,858
Huntington Bancshares, Inc.(2)
 
  307,974
  5,247,877
NatWest Group PLC
 
  455,868
  4,300,036
Societe Generale SA
 
   93,447
  8,783,704
Truist Financial Corp.
 
   58,279
  3,021,183
 
 
$ 58,545,344
Beverages — 0.2%
Diageo PLC
 
   57,454
$  1,262,169
 
 
$  1,262,169
Broadline Retail — 4.0%
Amazon.com, Inc.(1)(2)
 
   72,891
$ 19,795,738
MercadoLibre, Inc.(1)
 
    1,297
  2,435,701
 
 
$ 22,231,439
Building Products — 0.6%
Trane Technologies PLC
 
    7,696
$  3,501,295
 
 
$  3,501,295
Capital Markets — 1.8%
Charles Schwab Corp.
 
   45,800
$  4,819,992
Japan Exchange Group, Inc.
 
  200,616
  2,729,000
London Stock Exchange Group PLC
 
   22,150
  2,491,710
 
 
$ 10,040,702
Security
Shares
Value
Consumer Finance — 0.8%
Capital One Financial Corp.
 
   21,704
$  4,536,353
 
 
$  4,536,353
Consumer Staples Distribution & Retail — 0.9%
U.S. Foods Holding Corp.(1)(2)
 
   48,459
$  4,874,491
 
 
$  4,874,491
Electric Utilities — 2.7%
Iberdrola SA
 
  163,680
$  3,887,987
NextEra Energy, Inc.(2)
 
   51,687
  4,492,634
SSE PLC
 
  209,632
  6,622,996
 
 
$ 15,003,617
Electrical Equipment — 1.8%
AMETEK, Inc.
 
   24,074
$  5,818,927
Schneider Electric SE
 
   12,160
  4,085,581
 
 
$  9,904,508
Electronic Equipment, Instruments & Components — 4.3%
CDW Corp.
 
   40,451
$  5,979,062
Halma PLC
 
   66,407
  3,172,739
Keyence Corp.
 
   13,271
  6,656,556
Zebra Technologies Corp., Class A(1)(2)
 
   27,708
  8,141,165
 
 
$ 23,949,522
Energy Equipment & Services — 0.0%†
Baker Hughes Co.
 
    2,911
$    176,086
 
 
$    176,086
Entertainment — 0.8%
Walt Disney Co.
 
   44,298
$  4,261,025
 
 
$  4,261,025
Financial Services — 3.2%
Edenred SE
 
   68,984
$  2,271,282
Global Payments, Inc.
 
   52,666
  4,428,157
Visa, Inc., Class A
 
   21,209
  7,765,251
Voya Financial, Inc.(2)
 
   38,334
  3,811,550
 
 
$ 18,276,240
Food Products — 1.7%
Nestle SA
 
   97,913
$  9,786,500
 
 
$  9,786,500
1
Eaton Vance
Tax-Advantaged Global Dividend Opportunities Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
Security
Shares
Value
Health Care Equipment & Supplies — 2.2%
Abbott Laboratories
 
   52,151
$  5,512,361
Coloplast AS, Class B
 
   12,967
    857,504
Intuitive Surgical, Inc.(1)(2)
 
    9,167
  3,238,976
Medline, Inc., Class A(1)
 
    2,645
    103,895
Straumann Holding AG
 
   22,992
  2,847,334
 
 
$ 12,560,070
Health Care REITs — 0.6%
Healthpeak Properties, Inc.
 
  157,300
$  3,433,859
 
 
$  3,433,859
Hotels, Restaurants & Leisure — 5.0%
Amadeus IT Group SA
 
   82,417
$  5,086,528
Aramark(3)
 
  112,670
  6,418,810
Compass Group PLC
 
  275,096
  8,735,908
InterContinental Hotels Group PLC
 
   25,285
  4,088,764
Marriott International, Inc., Class A(2)
 
   10,430
  3,888,617
 
 
$ 28,218,627
Household Products — 0.5%
Reckitt Benckiser Group PLC
 
   37,860
$  2,672,059
 
 
$  2,672,059
Insurance — 4.1%
AIA Group Ltd.
 
  320,379
$  3,229,705
Allstate Corp.
 
    9,735
  2,570,819
American International Group, Inc.
 
   71,917
  5,651,238
Assurant, Inc.
 
   10,918
  3,048,196
AXA SA
 
   90,547
  4,693,015
Prudential PLC
 
  270,413
  4,063,915
 
 
$ 23,256,888
Interactive Media & Services — 6.5%
Alphabet, Inc., Class C(2)
 
  102,601
$ 36,592,647
 
 
$ 36,592,647
Life Sciences Tools & Services — 0.8%
Danaher Corp.
 
   23,659
$  4,613,032
 
 
$  4,613,032
Machinery — 2.3%
IDEX Corp.
 
   30,754
$  7,087,259
Ingersoll Rand, Inc.
 
   18,845
  1,571,296
Parker-Hannifin Corp.(2)
 
    4,636
  4,527,193
 
 
$ 13,185,748
Security
Shares
Value
Metals & Mining — 0.8%
Anglo American PLC
 
   87,724
$  4,440,721
 
 
$  4,440,721
Multi-Utilities — 0.4%
Ameren Corp.
 
   22,583
$  2,475,323
 
 
$  2,475,323
Oil, Gas & Consumable Fuels — 4.0%
ConocoPhillips(2)
 
   51,055
$  6,151,106
EOG Resources, Inc.(2)
 
   38,276
  5,691,259
ExxonMobil Holdings Corp.(2)
 
   44,299
  6,885,837
Occidental Petroleum Corp.
 
   66,447
  3,792,130
 
 
$ 22,520,332
Personal Care Products — 0.7%
L'Oreal Prime De Fidelite(1)
 
    3,480
$  1,549,975
L'Oreal SA
 
    5,268
  2,346,342
 
 
$  3,896,317
Pharmaceuticals — 4.5%
AstraZeneca PLC
 
   50,895
$  8,657,764
Eli Lilly & Co.
 
    6,797
  7,808,666
Merck & Co., Inc.(2)
 
   46,882
  6,104,036
Zoetis, Inc.
 
   38,839
  3,001,866
 
 
$ 25,572,332
Professional Services — 2.9%
Intertek Group PLC
 
   25,123
$  1,984,294
Recruit Holdings Co. Ltd.
 
  110,668
  8,751,716
RELX PLC
 
  131,954
  4,641,079
Verisk Analytics, Inc.
 
    5,713
  1,113,178
 
 
$ 16,490,267
Residential REITs — 1.1%
Equity LifeStyle Properties, Inc.(2)
 
   33,519
$  2,181,081
Invitation Homes, Inc.
 
  126,344
  3,754,944
 
 
$  5,936,025
Semiconductors & Semiconductor Equipment — 17.1%
ASML Holding NV
 
    7,682
$ 12,659,513
Broadcom, Inc.(2)
 
   20,899
  8,135,563
Infineon Technologies AG
 
   69,866
  5,013,831
Microchip Technology, Inc.(2)
 
   56,797
  4,219,449
Micron Technology, Inc.
 
   29,919
 24,624,234
NVIDIA Corp.(2)
 
  139,973
 28,099,580
2
Eaton Vance
Tax-Advantaged Global Dividend Opportunities Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
Security
Shares
Value
Semiconductors & Semiconductor Equipment (continued)
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
 
   14,544
$  5,879,412
Tokyo Electron Ltd.
 
   23,707
  7,926,128
 
 
$ 96,557,710
Software — 5.2%
Autodesk, Inc.(1)
 
   16,915
$  3,961,493
Intuit, Inc.
 
    7,622
  2,409,085
Microsoft Corp.(2)
 
   49,043
 22,791,263
 
 
$ 29,161,841
Specialty Retail — 0.6%
TJX Cos., Inc.
 
   21,619
$  3,401,533
 
 
$  3,401,533
Technology Hardware, Storage & Peripherals — 2.5%
Apple, Inc.
 
   45,692
$ 14,114,716
 
 
$ 14,114,716
Textiles, Apparel & Luxury Goods — 1.6%
Cie Financiere Richemont SA, Class A
 
   19,241
$  4,547,451
LVMH Moet Hennessy Louis Vuitton SE
 
    8,368
  4,595,162
 
 
$  9,142,613
Trading Companies & Distributors — 0.5%
IMCD NV
 
   27,295
$  2,990,328
 
 
$  2,990,328
Total Common Stocks
(identified cost $331,851,501)
 
$565,266,485
 
Corporate Bonds — 15.2%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
Banks — 9.2%
Banco Bilbao Vizcaya Argentaria SA, 9.375% to
3/19/29(4)(5)
 
      800
$    867,458
Banco de Credito e Inversiones SA, 8.75% to
5/8/29(4)(5)(6)
 
      600
    632,796
Banco Mercantil del Norte SA/Grand Cayman: 
 
7.50% to 6/27/29(4)(5)(6)
 
    1,480
  1,469,300
7.625% to 1/10/28(4)(5)(6)
 
      380
    380,715
8.375% to 5/20/31(4)(5)(6)
 
      375
    381,094
Banco Santander SA, 9.625% to 5/21/33(4)(5)
 
    2,200
  2,568,113
 
 
Security
Principal
Amount
(000's omitted)
Value
Banks (continued)
Bank of America Corp., Series OO, 6.625% to
5/1/30(4)(5)
 
    1,370
$  1,399,426
Bank of Montreal, 7.70% to 5/26/29, 5/26/84(5)
 
    2,723
  2,825,989
Bank of Nova Scotia, 8.00% to 1/27/29, 1/27/84(5)
 
    2,697
  2,830,485
Barclays PLC: 
 
8.00% to 3/15/29(4)(5)
 
      900
    947,397
9.625% to 12/15/29(4)(5)
 
    1,500
  1,656,891
BBVA Mexico SA Institucion De Banca Multiple Grupo
Financiero BBVA Mexico, 8.45% to 6/29/33,
6/29/38(5)(6)
 
      400
    428,967
BNP Paribas SA: 
 
4.625% to 2/25/31(4)(5)(6)
 
      462
    422,463
7.75% to 8/16/29(4)(5)(6)
 
      945
    986,420
8.00% to 8/22/31(4)(5)(6)
 
      670
    711,168
Canadian Imperial Bank of Commerce, 7.00% to
10/28/30, 10/28/85(5)
 
    2,330
  2,361,005
Citigroup, Inc.: 
 
6.625% to 2/15/31(4)(5)
 
      960
    964,996
6.875% to 8/15/30(4)(5)
 
      475
    479,904
6.95% to 2/15/30(4)(5)
 
    1,440
  1,453,720
CoBank ACB, 7.25% to 7/1/29(4)(5)
 
      925
    933,365
HSBC Holdings PLC, 4.60% to 12/17/30(4)(5)
 
    1,525
  1,424,973
Huntington Bancshares, Inc., Series F, 5.625% to
7/15/30(4)(5)
 
    1,425
  1,419,608
ING Groep NV, 7.25% to 11/16/34(4)(5)(7)
 
    1,750
  1,819,280
NatWest Group PLC, 8.125% to 11/10/33(4)(5)
 
    1,339
  1,457,834
Nordea Bank Abp, 6.75% to 11/10/33(4)(5)(6)
 
    1,860
  1,855,242
PNC Financial Services Group, Inc., Series V, 6.20% to
9/15/27(4)(5)
 
      925
    931,985
Royal Bank of Canada: 
 
6.50% to 11/24/35, 11/24/85(5)
 
      475
    461,453
7.50% to 5/2/29, 5/2/84(5)
 
    1,790
  1,849,739
Societe Generale SA: 
 
5.375% to 11/18/30(4)(5)(6)
 
    2,031
  1,933,579
8.50% to 3/25/34(4)(5)(6)
 
      545
    591,765
State Street Corp., Series J, 6.70% to 9/15/29(4)(5)
 
      920
    945,209
Sumitomo Mitsui Financial Group, Inc., 6.60% to
6/5/34(4)(5)
 
    1,425
  1,422,238
Svenska Handelsbanken AB, 4.75% to 3/1/31(4)(5)(7)
 
    1,000
    945,428
Swedbank AB, 7.75% to 3/17/30(4)(5)(7)
 
    1,800
  1,888,290
Toronto-Dominion Bank, 8.125% to 10/31/27,
10/31/82(5)
 
    2,940
  3,031,172
Truist Financial Corp., Series Q, 5.10% to 3/1/30(4)(5)
 
    1,239
  1,229,128
UBS Group AG: 
 
6.85% to 9/10/29(4)(5)(6)
 
    1,750
  1,785,809
9.25% to 11/13/33(4)(5)(6)
 
    1,080
  1,238,351
3
Eaton Vance
Tax-Advantaged Global Dividend Opportunities Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Banks (continued)
Wells Fargo & Co., 6.85% to 9/15/29(4)(5)
 
      905
$    932,211
 
 
$ 51,864,966
Capital Markets — 0.4%
Charles Schwab Corp., Series H, 4.00% to 12/1/30(4)(5)
 
    2,780
$  2,569,155
 
 
$  2,569,155
Construction Materials — 0.2%
Cemex SAB de CV, 7.20% to 6/10/30(4)(5)(6)
 
      883
$    912,360
 
 
$    912,360
Diversified Financial Services — 1.0%
American AgCredit Corp., Series A, 8.746% to
9/15/26(4)(5)(6)
 
    2,651
$  2,650,655
Brookfield Finance, Inc., 6.30% to 10/15/34, 1/15/55(5)
 
      950
    920,427
Goldman Sachs Group, Inc., Series W, 7.50% to
2/10/29(4)(5)
 
      975
  1,011,287
HA Sustainable Infrastructure Capital, Inc., 8.00% to
3/1/31, 6/1/56(5)
 
      500
    525,169
Marex U.K. Holdings Ltd., 7.70% to 6/9/32(4)(5)(7)
 
      500
    499,265
 
 
$  5,606,803
Electric Utilities — 0.9%
American Electric Power Co., Inc., 5.80% to 12/15/30,
3/15/56(5)
 
      475
$    466,766
Dominion Energy, Inc.: 
 
6.00% to 11/15/30, 2/15/56(5)
 
      225
    222,856
Series C, 4.35% to 1/15/27(4)(5)
 
      425
    423,075
Duke Energy Corp., 6.45% to 6/1/34, 9/1/54(5)
 
      940
    963,229
NextEra Energy Capital Holdings, Inc.: 
 
4.75% to 11/26/35, 2/26/56(5)
EUR
      425
    475,073
6.375% to 5/15/30, 8/15/55(5)
 
      454
    456,100
Series CC, 6.625% to 7/4/46, 10/1/66(5)
 
      675
    657,748
Sempra, 4.125% to 1/1/27, 4/1/52(5)
 
      975
    968,049
Xcel Energy, Inc., 5.75% to 9/3/31, 12/3/56(5)
 
      465
    456,259
 
 
$  5,089,155
Food Products — 0.4%
Land O' Lakes, Inc., 8.00%(4)(6)
 
    2,085
$  2,085,000
 
 
$  2,085,000
Independent Power and Renewable Electricity Producers — 0.2%
Algonquin Power & Utilities Corp., 4.75% to 1/18/27,
1/18/82(5)
 
    1,439
$  1,426,318
 
 
$  1,426,318
 
 
Security
Principal
Amount
(000's omitted)
Value
Insurance — 1.6%
American National Group, Inc., 7.00% to 12/1/30,
12/1/55(5)
 
      564
$    543,019
Athene Holding Ltd., 6.625% to 7/15/34, 10/15/54(5)
 
      447
    421,502
Corebridge Financial, Inc., 6.875% to 12/1/30(4)(5)
 
      445
    456,783
Equitable Holdings, Inc., 6.70% to 12/28/34, 3/28/55(5)
 
      914
    928,587
Global Atlantic Fin Co., 7.95% to 7/15/29,
10/15/54(5)(6)
 
    1,817
  1,819,856
Liberty Mutual Group, Inc., 4.125% to 9/15/26,
12/15/51(5)(6)
 
    2,897
  2,877,853
Lincoln National Corp., 6.80% to 4/15/36, 7/15/56(5)
 
    1,000
    988,934
Nippon Life Insurance Co., 6.50% to 4/30/35,
4/30/55(5)(6)
 
      875
    902,043
 
 
$  8,938,577
Pipelines — 0.7%
Enbridge, Inc., Series NC5, 8.25% to 10/15/28,
1/15/84(5)
 
    2,218
$  2,334,824
TransCanada PipeLines Ltd., 6.125% to 7/17/31,
10/17/56(5)
 
    1,425
  1,424,664
 
 
$  3,759,488
Telecommunications — 0.6%
Bell Telephone Co. of Canada or Bell Canada, 6.875%
to 6/15/30, 9/15/55(5)
 
    1,350
$  1,362,201
TELUS Corp.: 
 
6.375% to 3/9/31, 6/9/56(5)
 
    1,920
  1,896,576
7.00% to 7/15/35, 10/15/55(5)
 
       10
     10,085
 
 
$  3,268,862
Total Corporate Bonds
(identified cost $83,708,557)
 
$ 85,520,684
 
Preferred Stocks — 1.3%
 
Security
Shares
Value
Banks — 0.3%
Citigroup, Inc., Series II, 6.25%(1)
 
   20,000
$    491,400
Citizens Financial Group, Inc., Series H, 7.375%
 
    6,337
    163,621
KeyCorp, Series H, 6.20% to 12/15/27(5)
 
   38,989
    989,151
 
 
$  1,644,172
Capital Markets — 0.3%
Affiliated Managers Group, Inc., 4.75%
 
   86,433
$  1,448,617
 
 
$  1,448,617
4
Eaton Vance
Tax-Advantaged Global Dividend Opportunities Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
Security
Shares
Value
Electric Utilities — 0.1%
Brookfield BRP Holdings Canada, Inc., 7.25%
 
   28,000
$    690,200
 
 
$    690,200
Insurance — 0.4%
American National Group, Inc., 7.375%
 
   35,700
$    849,660
Aspen Insurance Holdings Ltd., 7.00%
 
   58,441
  1,389,727
 
 
$  2,239,387
Wireless Telecommunication Services — 0.2%
T-Mobile USA, Inc., 6.25%
 
   59,866
$  1,380,510
 
 
$  1,380,510
Total Preferred Stocks
(identified cost $8,025,044)
 
$  7,402,886
 
Miscellaneous — 0.0%
 
Security
Principal
Amount
Value
Construction & Engineering — 0.0%
Abengoa Abenewco 2 SA, Escrow Certificates(1)(8)
$
  449,273
$          0
Total Miscellaneous
(identified cost $0)
 
$          0
 
Short-Term Investments — 0.2%
 
Security
Shares
Value
Morgan Stanley Institutional Liquidity Funds - Government
Portfolio, Institutional Class, 3.59%(9)
 
1,298,135
$  1,298,135
Total Short-Term Investments
(identified cost $1,298,135)
 
$  1,298,135
Total Investments — 117.0%(10)
(identified cost $424,883,237)
 
$659,488,190
Other Assets, Less Liabilities — (17.0)%
 
$(95,866,507)
Net Assets — 100.0%
 
$563,621,683
 
The percentage shown for each investment category in the Portfolio of
Investments is based on net assets.
†
Amount is less than 0.05% or (0.05)%, as applicable.
(1)
Non-income producing security.
(2)
All or a portion of this security was on loan at July 31, 2026 pursuant to
the Liquidity Agreement. The aggregate market value of securities on
loan at July 31, 2026 was $90,189,159 and the total market value of
the collateral received by the Fund was $90,510,417, comprised of
cash.
(3)
Security (or a portion thereof) has been pledged to cover collateral
requirements on open derivative contracts.
(4)
Perpetual security with no stated maturity date but may be subject to
calls by the issuer.
(5)
Security converts to variable rate after the indicated fixed-rate coupon
period.
(6)
Security exempt from registration under Rule 144A of 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 July 31, 2026, the aggregate value of
these securities is $24,065,436 or 4.3% of the Fund's net assets.
(7)
Security exempt from registration under Regulation S of the Securities
Act of 1933, as amended, 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, as amended. At July 31, 2026, the aggregate
value of these securities is $5,152,263 or 0.9% of the Fund's net
assets.
(8)
Security is valued using significant unobservable inputs and is
categorized as Level 3 in the fair value hierarchy.
(9)
May be deemed to be an affiliated investment company. The rate shown
is the annualized seven-day yield as of July 31, 2026.
(10)
The Fund has granted a security interest in all the Fund’s investments,
unless otherwise pledged, in connection with the Liquidity Agreement.
5
Eaton Vance
Tax-Advantaged Global Dividend Opportunities Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
 
Country Concentration of Portfolio
Country
Percentage of
Total Investments
Value
United States
59.5%
$392,388,466
United Kingdom
10.1
66,421,448
France
6.0
39,413,406
Japan
4.3
28,387,681
Canada
3.5
23,425,138
Spain
3.2
21,257,589
Switzerland
3.1
20,205,445
Netherlands
2.6
17,469,121
Mexico
1.2
7,681,704
Poland
1.1
7,300,062
Hong Kong
1.1
7,293,620
Taiwan
0.9
5,879,412
Germany
0.8
5,013,831
South Africa
0.7
4,440,721
India
0.4
2,905,858
Sweden
0.4
2,833,718
Brazil
0.4
2,435,701
Finland
0.3
1,855,242
Bermuda
0.2
1,389,727
Denmark
0.1
857,504
Chile
0.1
632,796
Total Investments
100.0%
$659,488,190
 
Forward Foreign Currency Exchange Contracts (OTC) 
Currency Purchased
Currency Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
Unrealized
(Depreciation)
USD
483,830
EUR
416,492
Goldman Sachs International
9/16/26
$2,736
$ —
 
 
 
 
$2,736
$—
 
Futures Contracts 
Description
Number of
Contracts
Position
Expiration
Date
Notional
Amount
Value/Unrealized
Appreciation
(Depreciation)
Equity Futures
E-Mini PHLX Semiconductor Sector Index
(30
)
Short
9/18/26
$(8,529,001
)
$2,109,356
 
$2,109,356
6
Eaton Vance
Tax-Advantaged Global Dividend Opportunities Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
 
Abbreviations:
ADR
– American Depositary Receipt
OTC
– Over-the-counter
REITs
– Real Estate Investment Trusts
At July 31, 2026, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.
In the normal course of pursuing its investment objective, the Fund is subject to the following risks:
Foreign Exchange Risk: During the fiscal year to date ended July 31, 2026, the Fund engaged in forward foreign currency exchange contracts to seek to hedge against fluctuations in currency exchange rates.
Equity Price Risk: The Fund enters into equity futures contracts on securities indices to gain or limit exposure to certain markets, particularly in connection with engaging in the dividend capture trading strategy.
Affiliated Investments
At July 31, 2026, the value of the Fund's investment in funds that may be deemed to be affiliated was $1,298,135, which represents 0.2% of the Fund's net assets. Transactions in such investments by the Fund for the fiscal year to date ended July 31, 2026 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
Shares,
end of period
Short-Term Investments
Liquidity Fund, Institutional Class(1)
$4,986,784
$170,235,215
$(173,923,864)
$ —
$ —
$1,298,135
$122,843
1,298,135
 
(1)
Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio.
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 July 31, 2026, the hierarchy of inputs used in valuing the Fund's investments and open derivative instruments, which are carried at fair value, were as follows: 
Asset Description 
Level 1 
Level 2 
Level 3* 
Total 
Common Stocks:
Communication Services
$40,853,672
$ —
$ —
$40,853,672
Consumer Discretionary
40,175,967
27,053,813
 —
67,229,780
Consumer Staples
4,874,491
17,617,045
 —
22,491,536
Energy
22,696,418
 —
 —
22,696,418
Financials
50,065,510
64,590,017
 —
114,655,527
Health Care
30,382,832
12,362,602
 —
42,745,434
Industrials
23,619,148
35,901,636
 —
59,520,784
7
Eaton Vance
Tax-Advantaged Global Dividend Opportunities Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
Asset Description (continued)
Level 1 
Level 2 
Level 3* 
Total 
Information Technology
$128,355,022
$35,428,767
$ —
$163,783,789
Materials
 —
4,440,721
 —
4,440,721
Real Estate
9,369,884
 —
 —
9,369,884
Utilities
6,967,957
10,510,983
 —
17,478,940
Total Common Stocks
$357,360,901
$207,905,584
**
$ —
$565,266,485
Corporate Bonds
$ —
$85,520,684
$ —
$85,520,684
Preferred Stocks:
Communication Services
1,380,510
 —
 —
1,380,510
Financials
5,332,176
 —
 —
5,332,176
Utilities
690,200
 —
 —
690,200
Total Preferred Stocks
$7,402,886
$ —
$ —
$7,402,886
Miscellaneous
$ —
$ —
$0
$0
Short-Term Investments
1,298,135
 —
 —
1,298,135
Total Investments
$366,061,922
$293,426,268
$0
$659,488,190
Forward Foreign Currency Exchange Contracts
$ —
$2,736
$ —
$2,736
Futures Contracts
2,109,356
 —
 —
2,109,356
Total
$368,171,278
$293,429,004
$0
$661,600,282
 
*
None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund.
**
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.
Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the fiscal year to date ended July 31, 2026 is not presented.
Investment Valuation - Derivatives. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Fund’s forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service.
Forward Foreign Currency Exchange Contracts - The Fund may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.
For additional information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent annual or semi-annual financial statements.
8