Eaton Vance
Enhanced Equity Income Fund II
March 31, 2026
Portfolio of Investments (Unaudited)
Common Stocks — 98.9%(1)
Security Shares Value
Aerospace & Defense — 2.1%
HEICO Corp.       44,219 $   12,124,850
TransDigm Group, Inc.       11,316    13,114,791
      $   25,239,641
Automobiles — 1.1%
Tesla, Inc.(2)       35,819 $   13,315,713
      $   13,315,713
Beverages — 1.4%
Coca-Cola Co.      219,611 $   16,701,416
      $   16,701,416
Biotechnology — 1.9%
AbbVie, Inc.      103,588 $   22,529,354
      $   22,529,354
Broadline Retail — 7.4%
Amazon.com, Inc.(2)      423,080 $   88,114,872
      $   88,114,872
Building Products — 2.3%
AAON, Inc.      141,609 $   11,718,145
Trane Technologies PLC       35,927    14,972,218
      $   26,690,363
Capital Markets — 2.0%
Intercontinental Exchange, Inc.       34,397 $    5,409,960
LPL Financial Holdings, Inc.       18,873     5,677,565
S&P Global, Inc.       12,015     5,110,460
Tradeweb Markets, Inc., Class A       66,979     7,880,749
      $   24,078,734
Commercial Services & Supplies — 1.0%
Waste Connections, Inc.       74,832 $   12,155,710
      $   12,155,710
Communications Equipment — 1.2%
Arista Networks, Inc.(2)      119,455 $   14,666,685
      $   14,666,685
Security Shares Value
Construction & Engineering — 1.2%
Quanta Services, Inc.       25,954 $   14,249,265
      $   14,249,265
Consumer Staples Distribution & Retail — 2.6%
Costco Wholesale Corp.       21,298 $   21,221,966
Walmart, Inc.       79,559     9,887,593
      $   31,109,559
Electrical Equipment — 1.0%
AMETEK, Inc.       54,286 $   11,636,747
      $   11,636,747
Entertainment — 2.5%
Netflix, Inc.(2)      308,983 $   29,708,715
      $   29,708,715
Financial Services — 2.9%
Visa, Inc., Class A      113,550 $   34,319,352
      $   34,319,352
Health Care Equipment & Supplies — 1.4%
Edwards Lifesciences Corp.(2)       79,987 $    6,405,359
Intuitive Surgical, Inc.(2)       20,349     9,380,686
Medline, Inc., Class A(2)        6,905       307,272
      $   16,093,317
Health Care Providers & Services — 0.3%
McKesson Corp.        4,699 $    4,066,327
      $    4,066,327
Hotels, Restaurants & Leisure — 1.7%
Domino's Pizza, Inc.       22,938 $    8,229,925
Marriott International, Inc., Class A       36,196    11,838,626
      $   20,068,551
Insurance — 0.3%
Arthur J. Gallagher & Co.       17,478 $    3,785,385
      $    3,785,385
Interactive Media & Services — 11.8%
Alphabet, Inc., Class C      325,525 $   93,380,102
Meta Platforms, Inc., Class A       81,988    46,907,794
      $  140,287,896
 
1
Eaton Vance
Enhanced Equity Income Fund II
March 31, 2026
Portfolio of Investments (Unaudited) — continued
Security Shares Value
Pharmaceuticals — 4.1%
Eli Lilly & Co.       40,935 $   37,650,785
Johnson & Johnson       21,610     5,282,348
Merck & Co., Inc.       42,447     5,105,950
      $   48,039,083
Real Estate Management & Development — 0.4%
FirstService Corp.       32,426 $    4,505,268
      $    4,505,268
Semiconductors & Semiconductor Equipment — 23.7%
Analog Devices, Inc.       36,380 $   11,573,933
Broadcom, Inc.      242,399    75,024,915
Lam Research Corp.      115,664    24,712,770
NVIDIA Corp.      976,145   170,239,688
      $  281,551,306
Software — 12.3%
Fair Isaac Corp.(2)        6,453 $    6,888,836
Fortinet, Inc.(2)      123,567    10,097,895
Intuit, Inc.       30,425    13,155,161
Microsoft Corp.      227,111    84,069,679
Oracle Corp.       98,017    14,419,281
ServiceTitan, Inc., Class A(2)       73,759     4,680,746
Synopsys, Inc.(2)       31,647    12,547,403
      $  145,859,001
Specialty Retail — 4.4%
Burlington Stores, Inc.(2)       27,664 $    9,001,312
Home Depot, Inc.       17,645     5,803,264
TJX Cos., Inc.      231,527    36,974,862
      $   51,779,438
Security Shares Value
Technology Hardware, Storage & Peripherals — 7.9%
Apple, Inc.      370,896 $   94,129,696
      $   94,129,696
Total Common Stocks
(identified cost $465,926,936) 		    $1,174,681,394
    
Short-Term Investments — 2.0%
Security Shares Value
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%(3)   23,924,745 $   23,924,745
Total Short-Term Investments
(identified cost $23,924,745) 		    $   23,924,745
Total Investments — 100.9%
(identified cost $489,851,681) 		    $1,198,606,139
Total Written Covered Call Options — (0.8)%
(premiums received $10,984,236) 		    $   (9,494,460)
Other Assets, Less Liabilities — (0.1)%     $   (1,061,908)
Net Assets — 100.0%     $1,188,049,771
The percentage shown for each investment category in the Portfolio of Investments is based on net assets.
(1) All or a portion of each applicable common stock for which a written call option is outstanding at March 31, 2026 has been pledged as collateral for such written option.
(2) Non-income producing security.
(3) May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of March 31, 2026.
 
Written Covered Call Options (Exchange-Traded) — (0.8)% 
Description Number of
Contracts 		Notional
Amount 		Exercise
Price 		Expiration
Date 		Value
AAON, Inc.   705 $  5,833,875 $   100 4/17/26 $   (61,687)
AbbVie, Inc.   515   11,200,735     235 4/24/26    (48,925)
Alphabet, Inc., Class C 1,625   46,614,750     295  5/1/26 (1,447,875)
Amazon.com, Inc. 2,115   44,049,105     220 4/17/26   (374,355)
AMETEK, Inc.   270    5,787,720     230 4/17/26    (17,550)
Analog Devices, Inc.   180    5,726,520     335 4/10/26    (33,300)
Apple, Inc. 1,850   46,951,150     260 4/24/26   (795,500)
Arista Networks, Inc.   595    7,305,410     148 4/24/26    (54,442)
Arthur J. Gallagher & Co.    85    1,840,930     250 4/17/26     (3,613)
2
Eaton Vance
Enhanced Equity Income Fund II
March 31, 2026
Portfolio of Investments (Unaudited) — continued
Written Covered Call Options (Exchange-Traded) (continued)
Description Number of
Contracts 		Notional
Amount 		Exercise
Price 		Expiration
Date 		Value
Broadcom, Inc. 1,210 $ 37,450,710 $   320  5/1/26 $(1,493,140)
Burlington Stores, Inc.   135    4,392,630     335 4/10/26    (66,150)
Coca-Cola Co. 1,095    8,327,475      79 4/10/26    (18,615)
Costco Wholesale Corp.   105   10,462,515   1,045 4/10/26    (20,580)
Domino's Pizza, Inc.   110    3,946,690     420 4/17/26     (4,180)
Edwards Lifesciences Corp.   395    3,163,160      93 4/17/26    (18,763)
Eli Lilly & Co.   200   18,395,400     960 4/24/26   (385,000)
Fair Isaac Corp.    30    3,202,620   1,340 4/17/26    (12,900)
Fortinet, Inc.   615    5,025,780      90 4/17/26    (20,295)
HEICO Corp.   220    6,032,400     330 4/17/26     (8,250)
Home Depot, Inc.    85    2,795,565     360 4/17/26     (3,825)
Intercontinental Exchange, Inc.   170    2,673,760     170 4/17/26     (5,780)
Intuit, Inc.   150    6,485,700     470 4/17/26    (66,150)
Intuitive Surgical, Inc.   100    4,609,900     520 4/24/26    (30,000)
Johnson & Johnson   105    2,566,620     250 4/17/26    (37,275)
Lam Research Corp.   575   12,285,450     245  5/1/26   (334,650)
LPL Financial Holdings, Inc.    90    2,707,470     330 4/17/26    (26,100)
Marriott International, Inc., Class A   180    5,887,260     335 4/10/26    (83,340)
McKesson Corp.    20    1,730,720     980 4/17/26     (1,520)
Merck & Co., Inc.   210    2,526,090     123 4/24/26    (48,930)
Meta Platforms, Inc., Class A   405   23,171,265     630 4/24/26   (170,100)
Microsoft Corp. 1,135   42,014,295     385  5/1/26 (1,032,850)
Netflix, Inc. 1,540   14,807,100      99 4/24/26   (486,640)
NVIDIA Corp. 4,880   85,107,200     185 4/24/26 (1,102,880)
Oracle Corp.   490    7,208,390     165 4/24/26    (92,610)
Quanta Services, Inc.   125    6,862,750     610 4/17/26    (41,250)
S&P Global, Inc.    60    2,552,040     450 4/17/26    (24,600)
ServiceTitan, Inc., Class A   365    2,316,290      90 4/17/26     (8,213)
Synopsys, Inc.   155    6,145,440     420  5/1/26   (190,650)
Tesla, Inc.   175    6,505,625     415 4/24/26    (65,800)
TJX Cos., Inc. 1,155   18,445,350     165  5/1/26   (282,975)
Tradeweb Markets, Inc., Class A   330    3,882,780     130 4/17/26    (21,450)
Trane Technologies PLC   175    7,292,950     460 4/17/26    (36,312)
TransDigm Group, Inc.    55    6,374,280   1,330 4/17/26    (13,200)
Visa, Inc., Class A   565   17,076,560     315 4/24/26   (226,565)
Walmart, Inc.   395    4,909,060     125 4/24/26   (130,350)
Waste Connections, Inc.   370    6,010,280     175 4/17/26    (45,325)
Total             $(9,494,460)
At March 31, 2026, 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 covered call options on individual stocks above the current value of the stock to generate premium income. In writing call options on individual stocks, the Fund in effect sells potential appreciation in the value of the applicable stock above the exercise price in exchange for the option premium received. The Fund retains the risk of loss, minus the premium received, should the price of the underlying stock decline.
3
Eaton Vance
Enhanced Equity Income Fund II
March 31, 2026
Portfolio of Investments (Unaudited) — continued
Affiliated Investments
At March 31, 2026, the value of the Fund's investment in funds that may be deemed to be affiliated was $23,924,745, which represents 2.0% of the Fund's net assets. Transactions in such investments by the Fund for the fiscal year to date ended March 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) $2,160,330 $56,697,597 $(34,933,182) $ — $ — $23,924,745 $98,379 23,924,745
(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, 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 $1,174,681,394* $    — $    — $1,174,681,394
Short-Term Investments    23,924,745     —     —    23,924,745
Total Investments $1,198,606,139 $    — $    — $1,198,606,139
Liability Description         
Written Covered Call Options $   (9,494,460) $    — $    — $   (9,494,460)
Total $   (9,494,460) $    — $    — $   (9,494,460)
* The level classification by major category of investments is the same as the category presentation in the Portfolio of Investments.
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.
4