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Eaton Vance
Tax-Managed Global Buy-Write Opportunities Fund
March 31, 2025
Portfolio of Investments (Unaudited)
Common Stocks — 99.8%
Security Shares Value
Aerospace & Defense — 2.5%
Airbus SE(1)      56,122 $  9,882,276
General Dynamics Corp.(1)       4,420   1,204,804
L3Harris Technologies, Inc.(1)       6,745   1,411,796
Northrop Grumman Corp.(1)       1,439     736,782
Rolls-Royce Holdings PLC(2)     244,432   2,375,723
RTX Corp.(1)      32,105   4,252,628
Safran SA      12,871   3,388,719
Textron, Inc.(1)      16,487   1,191,186
      $ 24,443,914
Air Freight & Logistics — 0.4%
Deutsche Post AG(1)      61,072 $  2,622,020
Expeditors International of Washington, Inc.(1)       3,871     465,488
Yamato Holdings Co. Ltd.      35,200     461,289
      $  3,548,797
Automobile Components — 0.3%
Denso Corp.     114,600 $  1,421,793
Yokohama Rubber Co. Ltd.      48,000   1,106,805
      $  2,528,598
Automobiles — 2.1%
Bayerische Motoren Werke AG      35,862 $  2,891,814
Honda Motor Co. Ltd.      74,400     673,288
Isuzu Motors Ltd.      58,000     788,660
Mazda Motor Corp.      26,000     166,357
Mercedes-Benz Group AG(1)      51,714   3,054,832
Mitsubishi Motors Corp.      94,500     260,569
Stellantis NV      14,202     159,291
Tesla, Inc.(1)(2)      45,800  11,869,528
Toyota Motor Corp.      64,500   1,140,186
      $ 21,004,525
Banks — 6.3%
Bank of America Corp.(1)      50,000 $  2,086,500
BNP Paribas SA(1)      94,000   7,856,456
Credit Agricole SA(1)      88,088   1,603,822
Fifth Third Bancorp(1)      28,506   1,117,435
HSBC Holdings PLC(1)     700,000   7,935,531
Huntington Bancshares, Inc.(1)      65,053     976,445
ING Groep NV(1)     301,212   5,901,134
Intesa Sanpaolo SpA   2,042,702  10,527,401
JPMorgan Chase & Co.(1)      30,325    7,438,722
Security Shares Value
Banks (continued)
KBC Group NV      22,722 $  2,070,963
KeyCorp(1)      44,715     714,993
Lloyds Banking Group PLC   2,000,000   1,875,832
NatWest Group PLC     464,285   2,741,316
PNC Financial Services Group, Inc.(1)       6,406   1,125,983
Resona Holdings, Inc.      55,000     480,249
Standard Chartered PLC     160,392   2,380,114
Truist Financial Corp.(1)      21,845     898,922
UniCredit SpA      70,000   3,929,246
      $ 61,661,064
Beverages — 1.2%
Coca-Cola Co.(1)      24,571 $  1,759,775
Constellation Brands, Inc., Class A(1)      22,494   4,128,099
Heineken Holding NV      24,773   1,792,913
Heineken NV       7,692     627,208
Kirin Holdings Co. Ltd.      53,300     738,533
PepsiCo, Inc.(1)      20,824   3,122,351
      $ 12,168,879
Biotechnology — 1.1%
AbbVie, Inc.(1)      25,362 $  5,313,846
Amgen, Inc.(1)      16,600   5,171,730
BioMarin Pharmaceutical, Inc.(1)(2)       9,584     677,493
      $ 11,163,069
Broadline Retail — 3.3%
Amazon.com, Inc.(1)(2)     139,384 $ 26,519,200
Mercari, Inc.(2)      14,900     236,294
Next PLC(1)      41,584   5,991,222
      $ 32,746,716
Building Products — 0.3%
Daikin Industries Ltd.      24,000 $  2,604,447
      $  2,604,447
Capital Markets — 1.8%
3i Group PLC     112,500 $  5,289,818
CME Group, Inc.(1)       1,503     398,731
Deutsche Boerse AG       8,620   2,543,414
Moody's Corp.(1)       6,381   2,971,568
S&P Global, Inc.(1)       7,842   3,984,520
UBS Group AG      90,256   2,772,176
      $ 17,960,227
 
1
Eaton Vance
Tax-Managed Global Buy-Write Opportunities Fund
March 31, 2025
Portfolio of Investments (Unaudited) — continued
Security Shares Value
Chemicals — 2.1%
Air Liquide SA      40,125 $  7,621,546
Air Products and Chemicals, Inc.(1)      14,809   4,367,470
BASF SE(1)      13,294     666,412
Corteva, Inc.(1)       4,706     296,149
Daicel Corp.      20,000     174,249
Dow, Inc.(1)       4,706     164,333
Eastman Chemical Co.(1)      20,943   1,845,288
Mitsubishi Gas Chemical Co., Inc.       9,200     143,738
Nitto Denko Corp.     101,500   1,877,401
Shin-Etsu Chemical Co. Ltd.      83,500   2,382,685
Tosoh Corp.      51,600     710,043
      $ 20,249,314
Commercial Services & Supplies — 0.2%
SECOM Co. Ltd.      49,400 $  1,682,519
Waste Management, Inc.(1)       3,330     770,928
      $  2,453,447
Communications Equipment — 1.1%
Cisco Systems, Inc.(1)     164,967 $ 10,180,114
Nokia OYJ     200,000   1,053,358
      $ 11,233,472
Construction & Engineering — 0.3%
Ferrovial SE      61,750 $  2,761,937
      $  2,761,937
Construction Materials — 0.3%
CRH PLC      29,332 $  2,570,732
      $  2,570,732
Consumer Finance — 0.4%
American Express Co.(1)      13,280 $  3,572,984
Navient Corp.(1)      28,416     358,894
      $  3,931,878
Consumer Staples Distribution & Retail — 1.5%
Costco Wholesale Corp.(1)       8,600 $  8,133,708
Koninklijke Ahold Delhaize NV      94,107   3,515,370
Seven & i Holdings Co. Ltd.      95,100   1,377,133
Target Corp.(1)       7,168     748,053
Walmart, Inc.(1)      16,551   1,453,012
      $ 15,227,276
Security Shares Value
Containers & Packaging — 0.2%
Smurfit WestRock PLC(1)      44,508 $  2,005,531
      $  2,005,531
Distributors — 0.1%
LKQ Corp.(1)      34,009 $  1,446,743
      $  1,446,743
Diversified Telecommunication Services — 1.1%
Deutsche Telekom AG(1)     244,879 $  9,040,925
United Internet AG(3)      32,975     680,968
Verizon Communications, Inc.      23,837   1,081,246
      $ 10,803,139
Electric Utilities — 1.5%
Acciona SA       8,786 $  1,149,935
Chubu Electric Power Co., Inc.      31,500     341,530
Constellation Energy Corp.(1)       6,996   1,410,604
Edison International(1)      19,359   1,140,632
Iberdrola SA(1)     663,567  10,715,329
Tokyo Electric Power Co. Holdings, Inc.(2)      40,600     116,875
      $ 14,874,905
Electrical Equipment — 1.6%
ABB Ltd.(1)     103,575 $  5,344,255
Accelleron Industries AG       5,372     249,080
Fujikura Ltd.      38,600   1,429,546
GE Vernova, Inc.(1)       8,296   2,532,603
Legrand SA(1)      34,513   3,655,046
Schneider Electric SE      11,000   2,539,298
      $ 15,749,828
Electronic Equipment, Instruments & Components — 1.0%
Alps Alpine Co. Ltd.      82,200 $    841,075
Citizen Watch Co. Ltd.     104,800     627,117
Corning, Inc.(1)       7,504     343,533
Halma PLC      50,000   1,677,578
Kyocera Corp.     135,200   1,527,088
Taiyo Yuden Co. Ltd.      51,500     858,297
TDK Corp.     372,400   3,902,411
      $  9,777,099
Entertainment — 2.3%
Electronic Arts, Inc.(1)      30,496 $  4,407,282
Konami Group Corp.      12,400   1,464,221
Netflix, Inc.(1)(2)      13,240  12,346,697
Nintendo Co. Ltd.      22,400    1,522,701
 
2
Eaton Vance
Tax-Managed Global Buy-Write Opportunities Fund
March 31, 2025
Portfolio of Investments (Unaudited) — continued
Security Shares Value
Entertainment (continued)
Take-Two Interactive Software, Inc.(1)(2)       6,546 $  1,356,658
Walt Disney Co.(1)      20,692   2,042,300
      $ 23,139,859
Financial Services — 1.7%
Adyen NV(2)(4)       1,170 $  1,793,370
Berkshire Hathaway, Inc., Class B(1)(2)       8,108   4,318,159
Fidelity National Information Services, Inc.(1)      30,170   2,253,096
M&G PLC     286,752     738,658
Mastercard, Inc., Class A(1)      10,297   5,643,992
ORIX Corp.      42,300     883,177
Visa, Inc., Class A(1)       4,033   1,413,405
      $ 17,043,857
Food Products — 2.6%
Kikkoman Corp.      60,400 $    582,659
Mondelez International, Inc., Class A(1)      88,956   6,035,665
Nestle SA(1)     176,215  17,807,688
Nissin Foods Holdings Co. Ltd.      30,000     612,311
Toyo Suisan Kaisha Ltd.       5,000     295,916
      $ 25,334,239
Gas Utilities — 0.1%
Italgas SpA      35,014 $    251,057
Snam SpA     152,501     791,563
      $  1,042,620
Ground Transportation — 0.5%
Canadian Pacific Kansas City Ltd.(1)       8,498 $    596,645
Central Japan Railway Co.      17,000     324,260
CSX Corp.(1)     117,095   3,446,106
East Japan Railway Co.      17,100     337,050
      $  4,704,061
Health Care Equipment & Supplies — 1.7%
Abbott Laboratories(1)      51,282 $  6,802,557
Boston Scientific Corp.(1)(2)      20,000   2,017,600
EssilorLuxottica SA      12,248   3,529,487
Olympus Corp.      51,100     668,936
Terumo Corp.     205,200   3,861,048
      $ 16,879,628
Health Care Providers & Services — 1.1%
McKesson Corp.(1)       7,111 $  4,785,632
Security Shares Value
Health Care Providers & Services (continued)
UnitedHealth Group, Inc.(1)      11,437 $  5,990,129
      $ 10,775,761
Hotels, Restaurants & Leisure — 1.7%
Amadeus IT Group SA      24,489 $  1,875,441
Booking Holdings, Inc.(1)       1,578   7,269,704
Compass Group PLC      91,736   3,034,285
InterContinental Hotels Group PLC       9,889   1,064,750
Yum! Brands, Inc.(1)      22,953   3,611,884
      $ 16,856,064
Household Durables — 0.5%
Casio Computer Co. Ltd.      63,200 $    516,291
Nikon Corp.      31,200     309,854
PulteGroup, Inc.(1)      28,059   2,884,465
Sony Group Corp.      66,000   1,669,997
      $  5,380,607
Household Products — 0.5%
Clorox Co.(1)       9,542 $  1,405,060
Henkel AG & Co. KGaA, PFC Shares       8,309     661,123
Procter & Gamble Co.(1)       9,881   1,683,920
Reckitt Benckiser Group PLC      20,566   1,390,682
      $  5,140,785
Independent Power and Renewable Electricity Producers — 0.1%
AES Corp.      27,255 $    338,507
Vistra Corp.(1)       7,170     842,045
      $  1,180,552
Industrial Conglomerates — 2.4%
Honeywell International, Inc.(1)      19,811 $  4,194,979
Nisshinbo Holdings, Inc.      82,000     500,975
Sekisui Chemical Co. Ltd.      61,000   1,040,405
Siemens AG(1)      76,879  17,754,914
      $ 23,491,273
Insurance — 3.8%
Ageas SA      22,500 $  1,348,724
Allianz SE(1)      53,576  20,504,048
Allstate Corp.(1)      14,109   2,921,551
Chubb Ltd.(1)       1,376     415,538
Cincinnati Financial Corp.(1)       5,091     752,043
Hannover Rueck SE       5,000   1,490,287
Hartford Insurance Group, Inc.(1)      14,283   1,767,236
Legal & General Group PLC     250,000      788,409
 
3
Eaton Vance
Tax-Managed Global Buy-Write Opportunities Fund
March 31, 2025
Portfolio of Investments (Unaudited) — continued
Security Shares Value
Insurance (continued)
Lincoln National Corp.(1)      17,183 $    617,042
Marsh & McLennan Cos., Inc.(1)      13,642   3,329,057
MS&AD Insurance Group Holdings, Inc.      74,100   1,611,515
Principal Financial Group, Inc.(1)      17,247   1,455,129
      $ 37,000,579
Interactive Media & Services — 4.1%
Alphabet, Inc., Class A(1)      79,895 $ 12,354,963
Alphabet, Inc., Class C(1)      64,153  10,022,623
Meta Platforms, Inc., Class A(1)      31,536  18,176,089
      $ 40,553,675
IT Services — 0.5%
Capgemini SE(1)      18,829 $  2,829,208
NTT Data Group Corp.      63,800   1,155,740
Obic Co. Ltd.      11,500     331,580
Otsuka Corp.      31,200     675,524
      $  4,992,052
Leisure Products — 0.2%
Bandai Namco Holdings, Inc.      33,000 $  1,107,066
Hasbro, Inc.(1)       6,865     422,129
      $  1,529,195
Life Sciences Tools & Services — 0.7%
Revvity, Inc.(1)       6,547 $    692,672
Thermo Fisher Scientific, Inc.(1)      11,503   5,723,893
      $  6,416,565
Machinery — 1.7%
Daimler Truck Holding AG      13,462 $    545,340
Dover Corp.(1)       7,424   1,304,248
Ebara Corp.      62,500     951,286
FANUC Corp.      93,435   2,545,706
IHI Corp.       3,800     265,197
Kawasaki Heavy Industries Ltd.       8,200     494,952
Komatsu Ltd.      29,200     855,067
Makita Corp.       7,700     255,128
Mitsui E&S Co. Ltd.      35,800     398,969
Parker-Hannifin Corp.(1)       7,147   4,344,304
SMC Corp.       1,500     536,766
Snap-on, Inc.(1)       5,378   1,812,440
Stanley Black & Decker, Inc.(1)      21,378   1,643,541
Toyota Industries Corp.       6,400     547,374
      $ 16,500,318
Security Shares Value
Marine Transportation — 0.0%†
Kawasaki Kisen Kaisha Ltd.      19,800 $    269,129
      $    269,129
Media — 0.4%
Comcast Corp., Class A(1)      96,531 $  3,561,994
Hakuhodo DY Holdings, Inc.      20,900     151,652
      $  3,713,646
Metals & Mining — 0.7%
Glencore PLC(2)     948,599 $  3,471,992
Rio Tinto PLC(1)      54,826   3,290,118
      $  6,762,110
Multi-Utilities — 0.9%
CMS Energy Corp.(1)      75,009 $  5,633,926
NiSource, Inc.(1)      42,420   1,700,618
Veolia Environnement SA      37,663   1,295,298
      $  8,629,842
Oil, Gas & Consumable Fuels — 3.4%
BP PLC      38,490 $    215,985
Chevron Corp.(1)      33,237   5,560,218
ConocoPhillips(1)       2,940     308,759
EQT Corp.(1)      16,196     865,352
Exxon Mobil Corp.(1)       2,600     309,218
Idemitsu Kosan Co. Ltd.      31,000     219,272
Marathon Petroleum Corp.(1)      19,800   2,884,662
Phillips 66(1)      22,983   2,837,941
Shell PLC     253,138   9,214,296
TotalEnergies SE(1)     165,699  10,676,471
      $ 33,092,174
Paper and Forest Products — 0.0%†
Nippon Paper Industries Co. Ltd.      11,100 $     74,602
      $     74,602
Passenger Airlines — 0.1%
Southwest Airlines Co.      23,740 $    797,189
      $    797,189
Personal Care Products — 1.0%
Estee Lauder Cos., Inc., Class A(1)      16,077 $  1,061,082
Kao Corp.      28,554   1,236,009
Unilever PLC     128,549   7,670,135
      $  9,967,226
 
4
Eaton Vance
Tax-Managed Global Buy-Write Opportunities Fund
March 31, 2025
Portfolio of Investments (Unaudited) — continued
Security Shares Value
Pharmaceuticals — 6.1%
Astellas Pharma, Inc.     135,200 $  1,316,105
AstraZeneca PLC(1)      54,389   7,986,734
Chugai Pharmaceutical Co. Ltd.      69,800   3,197,646
Daiichi Sankyo Co. Ltd.      59,600   1,419,306
Eisai Co. Ltd.      11,246     313,058
Eli Lilly & Co.(1)       9,150   7,557,076
Johnson & Johnson(1)      13,558   2,248,459
Merck & Co., Inc.(1)      20,293   1,821,500
Novartis AG(1)     123,663  13,735,224
Pfizer, Inc.(1)      14,458     366,366
Roche Holding AG PC(1)      37,256  12,261,978
Sandoz Group AG      24,732   1,037,112
Sanofi SA(1)      49,146   5,441,535
UCB SA       9,177   1,615,745
      $ 60,317,844
Professional Services — 1.0%
Equifax, Inc.(1)      11,910 $  2,900,799
Experian PLC      79,133   3,666,649
Recruit Holdings Co. Ltd.      39,700   2,056,906
Robert Half, Inc.(1)      26,747   1,459,049
Wolters Kluwer NV       1,146     178,428
      $ 10,261,831
Real Estate Management & Development — 0.6%
CBRE Group, Inc., Class A(1)(2)      33,258 $  4,349,481
Daito Trust Construction Co. Ltd.       5,500     562,783
Heiwa Real Estate Co. Ltd.      26,700     840,251
Sumitomo Realty & Development Co. Ltd.      13,500     507,242
      $  6,259,757
Semiconductors & Semiconductor Equipment — 10.5%
Advantest Corp.     122,200 $  5,447,243
Analog Devices, Inc.(1)      14,776   2,979,876
ARM Holdings PLC ADR(2)       3,925     419,151
ASML Holding NV(1)      24,587  16,271,015
Broadcom, Inc.(1)      88,260  14,777,372
Enphase Energy, Inc.(1)(2)      24,925   1,546,596
Infineon Technologies AG      85,739   2,858,099
Lam Research Corp.(1)       8,640     628,128
Marvell Technology, Inc.(1)      56,044   3,450,629
Monolithic Power Systems, Inc.(1)       1,020     591,580
NVIDIA Corp.(1)     333,219  36,114,275
NXP Semiconductors NV(1)      22,890   4,350,473
Socionext, Inc.      18,100     219,782
STMicroelectronics NV      35,000      767,463
Security Shares Value
Semiconductors & Semiconductor Equipment (continued)
Texas Instruments, Inc.(1)      35,290 $  6,341,613
Tokyo Electron Ltd.      52,000   7,130,892
      $103,894,187
Software — 6.7%
Adobe, Inc.(1)(2)      15,258 $  5,851,901
AppLovin Corp., Class A(1)(2)       4,806   1,273,446
Crowdstrike Holdings, Inc., Class A(1)(2)      11,401   4,019,765
Dassault Systemes SE      40,765   1,552,033
Datadog, Inc., Class A(1)(2)      20,556   2,039,361
Microsoft Corp.(1)     104,147  39,095,742
MicroStrategy, Inc., Class A(1)(2)       7,560   2,179,321
Oracle Corp.(1)      27,734   3,877,491
Sage Group PLC     206,007   3,234,376
Salesforce, Inc.(1)       2,433     652,920
ServiceNow, Inc.(2)         371     295,368
Trend Micro, Inc.      14,097     951,659
Zscaler, Inc.(1)(2)       5,856   1,161,947
      $ 66,185,330
Specialized REITs — 0.3%
American Tower Corp.(1)      13,677 $  2,976,115
      $  2,976,115
Specialty Retail — 2.3%
Fast Retailing Co. Ltd.      43,700 $ 13,009,108
Home Depot, Inc.(1)       9,972   3,654,638
Industria de Diseno Textil SA      15,379     765,749
Lowe's Cos., Inc.(1)      15,808   3,686,900
Nitori Holdings Co. Ltd.       7,100     694,659
USS Co. Ltd.      54,400     505,652
      $ 22,316,706
Technology Hardware, Storage & Peripherals — 4.8%
Apple, Inc.(1)     206,236 $ 45,811,203
Hewlett Packard Enterprise Co.(1)      63,759     983,801
HP, Inc.(1)      10,589     293,209
      $ 47,088,213
Textiles, Apparel & Luxury Goods — 2.1%
Cie Financiere Richemont SA, Class A       8,264 $  1,442,612
Hermes International SCA         328     863,007
Kering SA(1)       7,380    1,535,337
 
5
Eaton Vance
Tax-Managed Global Buy-Write Opportunities Fund
March 31, 2025
Portfolio of Investments (Unaudited) — continued
Security Shares Value
Textiles, Apparel & Luxury Goods (continued)
LVMH Moet Hennessy Louis Vuitton SE(1)      23,302 $ 14,430,419
NIKE, Inc., Class B(1)      33,397   2,120,041
      $ 20,391,416
Tobacco — 0.5%
British American Tobacco PLC(1)      81,683 $  3,350,991
Japan Tobacco, Inc.      34,000     934,528
Philip Morris International, Inc.(1)       4,024     638,730
      $  4,924,249
Trading Companies & Distributors — 0.6%
Ferguson Enterprises, Inc.      20,627 $  3,273,518
Mitsubishi Corp.      64,200   1,133,436
Sumitomo Corp.      49,400   1,127,201
      $  5,534,155
Transportation Infrastructure — 0.1%
Aeroports de Paris SA       6,667 $    678,722
      $    678,722
Wireless Telecommunication Services — 0.8%
KDDI Corp.     206,800 $  3,266,541
SoftBank Group Corp.      94,296   4,823,231
      $  8,089,772
Total Common Stocks
(identified cost $298,612,772) 		    $983,101,442
    
Short-Term Investments — 0.0%†
Security Shares Value
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.27%(5)     386,938 $    386,938
Total Short-Term Investments
(identified cost $386,938) 		    $    386,938
Total Investments — 99.8%
(identified cost $298,999,710) 		    $983,488,380
Total Written Call Options — (0.3)%
(premiums received $10,686,780) 		    $ (3,051,311)
Other Assets, Less Liabilities — 0.5%     $  4,734,693
Net Assets — 100.0%     $985,171,762
    
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) Security (or a portion thereof) has been pledged as collateral for written options.
(2) Non-income producing security.
(3) 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 March 31, 2025, the aggregate value of these securities is $680,968 or 0.1% of the Fund's net assets.
(4) 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 March 31, 2025, the aggregate value of these securities is $1,793,370 or 0.2% of the Fund's net assets.
(5) May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of March 31, 2025.
Country Concentration of Portfolio
Country Percentage of
Total Investments 		Value
United States 60.2% $591,954,567
Japan 10.7 105,799,741
France 7.3 71,397,847
Germany 6.6 65,314,196
United Kingdom 6.0 59,526,154
Netherlands 3.1 30,079,438
Italy 1.6 15,499,267
Spain 1.5 14,506,454
Switzerland 1.1 10,845,235
Australia 0.7 6,762,110
Belgium 0.5 5,035,432
China 0.4 4,350,473
Finland 0.1 1,053,358
Singapore 0.1 767,463
Canada 0.1 596,645
Total Investments 100.0% $983,488,380
 
6
Eaton Vance
Tax-Managed Global Buy-Write Opportunities Fund
March 31, 2025
Portfolio of Investments (Unaudited) — continued
Written Call Options (Exchange-Traded) — (0.3)% 
Description Number of
Contracts 		Notional
Amount 		Exercise
Price 		Expiration
Date 		Value
Dow Jones Euro Stoxx 50 Index 860 EUR     45,136,154 EUR  5,600  4/4/25 $    (3,003)
Dow Jones Euro Stoxx 50 Index 850 EUR     44,611,315 EUR  5,550 4/11/25    (29,818)
Dow Jones Euro Stoxx 50 Index 870 EUR     45,660,993 EUR  5,525 4/17/25    (79,167)
Dow Jones Euro Stoxx 50 Index 870 EUR     45,660,993 EUR  5,475 4/25/25   (165,986)
FTSE 100 Index 650 GBP     55,788,265 GBP  8,800 4/17/25   (141,941)
NASDAQ 100 Index   9 USD     17,350,605 USD 20,900  4/2/25       (608)
NASDAQ 100 Index   9 USD     17,350,605 USD 20,700  4/4/25     (2,205)
NASDAQ 100 Index   9 USD     17,350,605 USD 20,500  4/7/25     (6,390)
NASDAQ 100 Index   9 USD     17,350,605 USD 20,200  4/9/25    (31,140)
NASDAQ 100 Index   9 USD     17,350,605 USD 20,050 4/11/25    (69,570)
NASDAQ 100 Index   9 USD     17,350,605 USD 20,400 4/14/25    (31,050)
NASDAQ 100 Index   9 USD     17,350,605 USD 20,100 4/16/25    (85,635)
NASDAQ 100 Index   9 USD     17,350,605 USD 20,000 4/17/25   (111,105)
NASDAQ 100 Index   9 USD     17,350,605 USD 20,500 4/21/25    (39,825)
NASDAQ 100 Index   8 USD     15,420,360 USD 20,600 4/23/25    (34,520)
NASDAQ 100 Index   9 USD     17,350,605 USD 20,100 4/25/25   (137,565)
NASDAQ 100 Index   9 USD     17,350,605 USD 19,500 4/28/25   (270,371)
Nikkei 225 Index 420 JPY 14,959,375,200 JPY 37,625 4/11/25   (267,495)
S&P 500 Index  45 USD     25,253,325 USD  5,900  4/2/25       (563)
S&P 500 Index  46 USD     25,814,510 USD  5,875  4/4/25     (2,645)
S&P 500 Index  47 USD     26,375,695 USD  5,825  4/7/25    (15,040)
S&P 500 Index  46 USD     25,814,510 USD  5,740  4/9/25   (100,970)
S&P 500 Index  46 USD     25,814,510 USD  5,700 4/11/25   (197,110)
S&P 500 Index  46 USD     25,814,510 USD  5,775 4/14/25    (96,140)
S&P 500 Index  46 USD     25,814,510 USD  5,750 4/16/25   (150,880)
S&P 500 Index  47 USD     26,375,695 USD  5,720 4/17/25   (222,075)
S&P 500 Index  46 USD     25,814,510 USD  5,800 4/21/25   (106,950)
S&P 500 Index  46 USD     25,814,510 USD  5,875 4/23/25    (52,670)
S&P 500 Index  46 USD     25,814,510 USD  5,760 4/25/25   (204,700)
S&P 500 Index  47 USD     26,375,695 USD  5,630 4/28/25   (357,162)
SMI Index 330 CHF     41,573,796 CHF 13,150 4/17/25    (37,012)
Total             $(3,051,311)
Abbreviations:
ADR – American Depositary Receipt
PC – Participation Certificate
PFC Shares – Preference Shares
REITs – Real Estate Investment Trusts
Currency Abbreviations:
CHF – Swiss Franc
EUR – Euro
GBP – British Pound Sterling
JPY – Japanese Yen
USD – United States Dollar
 
At March 31, 2025, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.
The Fund is subject to equity price risk in the normal course of pursuing its investment objectives. The Fund writes index call options above the current value of the index to generate premium income. In writing index call options, the Fund in effect, sells potential appreciation in the value of the applicable index above the exercise price in exchange for the option premium received. The Fund retains the risk of loss, minus the premium received, should the value of the underlying index decline.
7
Eaton Vance
Tax-Managed Global Buy-Write Opportunities Fund
March 31, 2025
Portfolio of Investments (Unaudited) — continued
Affiliated Investments
At March 31, 2025, the value of the Fund's investment in funds that may be deemed to be affiliated was $386,938, which represents less than 0.05% of the Fund's net assets. Transactions in such investments by the Fund for the fiscal year to date ended March 31, 2025 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) $3,924,399 $45,345,098 $(48,882,559) $ — $ — $386,938 $54,923 386,938
(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 March 31, 2025, 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 $ 65,349,852 $ 20,950,239 $    — $ 86,300,091
Consumer Discretionary  63,485,232  60,715,338     — 124,200,570
Consumer Staples  30,169,455  42,593,199     —  72,762,654
Energy  12,766,150  20,326,024     —  33,092,174
Financials  50,531,945  87,065,660     — 137,597,605
Health Care  49,168,953  56,383,914     — 105,552,867
Industrials  35,065,515  78,733,533     — 113,799,048
Information Technology 189,258,815  53,911,538     — 243,170,353
Materials   8,678,771  22,983,518     —  31,662,289
Real Estate   7,325,596   1,910,276     —   9,235,872
Utilities  11,066,332  14,661,587     —  25,727,919
Total Common Stocks $522,866,616 $460,234,826* $    — $983,101,442
Short-Term Investments $    386,938 $        — $    — $    386,938
Total Investments $523,253,554 $460,234,826 $    — $983,488,380
8
Eaton Vance
Tax-Managed Global Buy-Write Opportunities Fund
March 31, 2025
Portfolio of Investments (Unaudited) — continued
Liability Description  Level 1 Level 2 Level 3 Total
Written Call Options $ (2,326,889) $   (724,422) $    — $ (3,051,311)
Total $ (2,326,889) $   (724,422) $    — $ (3,051,311)
* 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 annual or semi-annual financial statements.
9