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      <filer>
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      <seriesClassInfo>
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      <regCik>0000745463</regCik>
      <regLei>549300C67AFHZKODE756</regLei>
      <regStreet1>One Post Office Square</regStreet1>
      <regCity>Boston</regCity>
      <regStateConditional regCountry="US" regState="US-MA"/>
      <regZipOrPostalCode>02109</regZipOrPostalCode>
      <regPhone>617-482-8260</regPhone>
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      <repPdEnd>2026-10-31</repPdEnd>
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      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>1836464.43</totLiabs>
      <netAssets>17720923328.75</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
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      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>5727.05000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
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        <othMon2 netRealizedGain="0.00000000" netUnrealizedAppr="-13496280.21000000"/>
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        </fundsDesignatedInfo>
        
      </varInfo>
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        </identifiers>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>140130579.40000000</valUSD>
        <pctVal>0.790763420169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
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        <name>Global Macro Absolute Return Advantage Portfolio</name>
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        <title>Global Macro Absolute Return Advantage Portfolio</title>
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        </identifiers>
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        <units>NS</units>
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        <fairValLevel>N/A</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Global Opportunities Portfolio</name>
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        <identifiers>
          <other otherDesc="Internal Identifier" value="FV2C_MASTER"/>
        </identifiers>
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        <units>NS</units>
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        <valUSD>13441435970.00000000</valUSD>
        <pctVal>75.85065247809</pctVal>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance Emerging Markets Debt Opportunities Fund</name>
        <lei>549300RCSLWCTPOHZZ51</lei>
        <title>Eaton Vance Emerging Markets Debt Opportunities Fund</title>
        <cusip>27827V105</cusip>
        <identifiers>
          <isin value="US27827V1052"/>
        </identifiers>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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      </invstOrSec>
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        <identifiers>
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        <fairValLevel>N/A</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HIGH INCOME OPPORTUNITIES PORTFOLIO</name>
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        <title>HIGH INCOME OPPORTUNITIES PORTFOLIO</title>
        <cusip>000000000</cusip>
        <identifiers>
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        <balance>182589050.70000000</balance>
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        <curCd>USD</curCd>
        <valUSD>825302509.20000000</valUSD>
        <pctVal>4.657220698320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-19</ncom:dateSigned>
      <ncom:nameOfApplicant>Eaton Vance Mutual Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>James Kirchner</ncom:signature>
      <ncom:signerName>James Kirchner</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
