Eaton Vance
Tax-Managed Global Diversified Equity Income Fund
July 31, 2026
Portfolio of Investments (Unaudited)
 
Common Stocks — 100.0%
 
Security
Shares
Value
Aerospace & Defense — 2.8%
BAE Systems PLC
 
1,970,939
$   55,795,963
Safran SA(1)
 
   93,141
   36,602,670
 
 
$   92,398,633
Banks — 8.5%
Banco Santander SA
 
3,416,551
$   48,591,106
BNP Paribas SA
 
  251,515
   31,959,659
Grupo Financiero Banorte SAB de CV, Class O
 
2,032,534
   23,428,799
HDFC Bank Ltd.
 
2,629,474
   20,593,527
Huntington Bancshares, Inc.(1)
 
2,172,203
   37,014,339
NatWest Group PLC
 
3,315,399
   31,272,943
Societe Generale SA
 
  708,778
   66,622,753
Truist Financial Corp.(1)
 
  355,583
   18,433,423
 
 
$  277,916,549
Beverages — 0.3%
Diageo PLC
 
  464,988
$   10,215,014
 
 
$   10,215,014
Broadline Retail — 4.6%
Amazon.com, Inc.(1)(2)
 
  492,463
$  133,743,102
MercadoLibre, Inc.(2)
 
    7,952
   14,933,458
 
 
$  148,676,560
Building Products — 0.8%
Trane Technologies PLC
 
   55,152
$   25,091,402
 
 
$   25,091,402
Capital Markets — 1.6%
Charles Schwab Corp.(1)
 
  272,536
$   28,681,689
Japan Exchange Group, Inc.
 
  681,057
    9,264,490
London Stock Exchange Group PLC
 
  134,437
   15,123,160
 
 
$   53,069,339
Chemicals — 0.9%
Sika AG
 
  138,167
$   31,086,275
 
 
$   31,086,275
Consumer Finance — 1.0%
Capital One Financial Corp.(1)
 
  151,049
$   31,570,752
 
 
$   31,570,752
Security
Shares
Value
Consumer Staples Distribution & Retail — 0.8%
U.S. Foods Holding Corp.(2)
 
  274,446
$   27,606,523
 
 
$   27,606,523
Electric Utilities — 3.3%
Iberdrola SA
 
1,700,394
$   40,390,451
NextEra Energy, Inc.(1)
 
  326,986
   28,421,623
SSE PLC
 
1,193,885
   37,718,936
 
 
$  106,531,010
Electrical Equipment — 2.2%
AMETEK, Inc.(1)
 
  174,598
$   42,202,083
Schneider Electric SE
 
   86,096
   28,926,989
 
 
$   71,129,072
Electronic Equipment, Instruments & Components — 2.7%
CDW Corp.(1)
 
   98,346
$   14,536,522
Halma PLC
 
   46,131
    2,204,009
Keyence Corp.
 
   93,457
   46,876,780
Zebra Technologies Corp., Class A(2)
 
   84,768
   24,906,534
 
 
$   88,523,845
Entertainment — 1.0%
Walt Disney Co.(1)
 
  330,156
$   31,757,706
 
 
$   31,757,706
Financial Services — 3.5%
Global Payments, Inc.(1)
 
  374,776
$   31,511,166
Visa, Inc., Class A(1)
 
  156,970
   57,471,426
Voya Financial, Inc.
 
  239,314
   23,794,991
 
 
$  112,777,583
Food Products — 1.7%
Nestle SA(1)
 
  548,869
$   54,859,993
 
 
$   54,859,993
Health Care Equipment & Supplies — 2.5%
Abbott Laboratories(1)
 
  309,946
$   32,761,292
Coloplast AS, Class B
 
  155,557
   10,286,941
Intuitive Surgical, Inc.(1)(2)
 
   52,265
   18,466,793
Medline, Inc., Class A(2)
 
   15,675
      615,714
Straumann Holding AG
 
  152,844
   18,928,232
 
 
$   81,058,972
1
Eaton Vance
Tax-Managed Global Diversified Equity Income Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
Security
Shares
Value
Health Care REITs — 0.8%
Healthpeak Properties, Inc.(1)
 
1,147,174
$   25,042,808
 
 
$   25,042,808
Hotels, Restaurants & Leisure — 5.9%
Amadeus IT Group SA
 
  550,004
$   33,944,582
Aramark(1)
 
  819,101
   46,664,184
Compass Group PLC
 
2,003,093
   63,609,925
InterContinental Hotels Group PLC
 
  174,315
   28,187,974
Marriott International, Inc., Class A
 
   51,727
   19,285,378
 
 
$  191,692,043
Household Products — 0.5%
Reckitt Benckiser Group PLC
 
  248,471
$   17,536,427
 
 
$   17,536,427
Insurance — 4.5%
AIA Group Ltd.
 
2,484,804
$   25,049,036
American International Group, Inc.(1)
 
  477,674
   37,535,623
Assurant, Inc.
 
   42,858
   11,965,525
AXA SA
 
  453,707
   23,515,452
Prudential PLC
 
1,541,777
   23,170,670
RenaissanceRe Holdings Ltd.
 
   75,925
   24,294,482
 
 
$  145,530,788
Interactive Media & Services — 5.1%
Alphabet, Inc., Class C(1)
 
  465,066
$  165,865,789
 
 
$  165,865,789
Life Sciences Tools & Services — 0.9%
Danaher Corp.(1)
 
  151,644
$   29,567,547
 
 
$   29,567,547
Machinery — 3.1%
IDEX Corp.(1)
 
  221,961
$   51,150,912
Ingersoll Rand, Inc.(1)
 
  187,217
   15,610,154
Parker-Hannifin Corp.(1)
 
   34,344
   33,537,946
 
 
$  100,299,012
Metals & Mining — 1.7%
Anglo American PLC
 
  523,888
$   26,519,998
Rio Tinto Ltd.(1)
 
  212,707
   25,350,777
Valterra Platinum Ltd.
 
   66,040
    5,000,015
 
 
$   56,870,790
Security
Shares
Value
Oil, Gas & Consumable Fuels — 2.8%
ConocoPhillips(1)
 
  210,257
$   25,331,764
ExxonMobil Holdings Corp.(1)
 
  321,389
   49,956,706
Occidental Petroleum Corp.
 
  273,532
   15,610,471
 
 
$   90,898,941
Personal Care Products — 0.4%
L'Oreal Prime De Fidelite(2)
 
   17,096
$    7,614,476
L'Oreal SA
 
   10,655
    4,745,686
 
 
$   12,360,162
Pharmaceuticals — 5.2%
AstraZeneca PLC
 
  333,750
$   56,774,314
Eli Lilly & Co.(1)
 
   43,592
   50,080,233
Merck & Co., Inc.
 
  280,199
   36,481,910
Novo Nordisk AS, Class B
 
  185,323
    8,766,070
Zoetis, Inc.(1)
 
  229,429
   17,732,567
 
 
$  169,835,094
Professional Services — 3.1%
Intertek Group PLC
 
  350,969
$   27,720,646
Recruit Holdings Co. Ltd.
 
  502,697
   39,753,689
RELX PLC
 
  980,534
   34,487,286
 
 
$  101,961,621
Residential REITs — 1.0%
Equity LifeStyle Properties, Inc.(1)
 
  152,630
$    9,931,634
Invitation Homes, Inc.(1)
 
  788,307
   23,428,484
 
 
$   33,360,118
Semiconductors & Semiconductor Equipment — 15.3%
ASML Holding NV(1)
 
   58,145
$   95,819,756
Broadcom, Inc.(1)
 
  143,364
   55,808,738
Infineon Technologies AG
 
  704,086
   50,527,696
Microchip Technology, Inc.(1)
 
  283,360
   21,050,815
Micron Technology, Inc.(1)
 
   79,240
   65,216,897
NVIDIA Corp.(1)
 
  641,030
  128,686,773
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
 
   93,069
   37,623,143
Tokyo Electron Ltd.
 
  136,379
   45,596,553
 
 
$  500,330,371
Software — 4.8%
Intuit, Inc.(1)
 
   35,815
$   11,320,047
Microsoft Corp.(1)
 
  310,558
  144,322,514
 
 
$  155,642,561
2
Eaton Vance
Tax-Managed Global Diversified Equity Income Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
Security
Shares
Value
Specialty Retail — 0.6%
TJX Cos., Inc.(1)
 
  135,027
$   21,245,148
 
 
$   21,245,148
Technology Hardware, Storage & Peripherals — 3.3%
Apple, Inc.(1)
 
  349,754
$  108,042,508
 
 
$  108,042,508
Textiles, Apparel & Luxury Goods — 2.1%
Cie Financiere Richemont SA, Class A
 
  144,623
$   34,180,450
LVMH Moet Hennessy Louis Vuitton SE
 
   60,213
   33,065,064
 
 
$   67,245,514
Trading Companies & Distributors — 0.7%
IMCD NV
 
  196,377
$   21,514,255
 
 
$   21,514,255
Total Common Stocks
(identified cost $1,769,751,765)
 
$3,259,110,725
 
Short-Term Investments — 0.1%
 
Security
Shares
Value
Morgan Stanley Institutional Liquidity Funds -
Government Portfolio, Institutional Class, 3.59%(3)
 
4,015,544
$    4,015,544
Total Short-Term Investments
(identified cost $4,015,544)
 
$    4,015,544
Total Investments — 100.1%
(identified cost $1,773,767,309)
 
$3,263,126,269
Total Written Call Options — (0.3)%
(premiums received $13,925,975)
 
$   (9,211,769)
Other Assets, Less Liabilities — 0.2%
 
$    4,387,370
Net Assets — 100.0%
 
$3,258,301,870
 
The percentage shown for each investment category in the Portfolio of
Investments is based on net assets.
(1)
Security (or a portion thereof) has been pledged as collateral for written
options.
(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 July 31, 2026.
 
Country Concentration of Portfolio
Country
Percentage of
Total Investments
Value
United States
57.9%
$1,890,190,662
United Kingdom
10.8
352,458,623
France
6.3
204,125,760
Japan
4.3
141,491,512
Switzerland
4.3
139,054,950
Spain
3.8
122,926,139
Netherlands
3.6
117,334,011
Germany
1.5
50,527,696
Hong Kong
1.5
48,219,706
Taiwan
1.1
37,623,143
South Africa
1.0
31,520,013
Australia
0.8
25,350,777
Bermuda
0.7
24,294,482
Mexico
0.7
23,428,799
India
0.6
20,593,527
Denmark
0.6
19,053,011
Brazil
0.5
14,933,458
Total Investments
100.0%
$3,263,126,269
3
Eaton Vance
Tax-Managed Global Diversified Equity Income Fund
July 31, 2026
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
760
EUR
48,320,876
EUR
6,400
 8/7/26
$  (247,759)
Dow Jones Euro STOXX 50 Index
760
EUR
48,320,876
EUR
6,375
8/14/26
  (556,255)
Dow Jones Euro STOXX 50 Index
760
EUR
48,320,876
EUR
6,400
8/21/26
  (605,660)
Dow Jones Euro STOXX 50 Index
750
EUR
47,685,075
EUR
6,525
8/28/26
  (383,134)
FTSE 100 Index
840
GBP
91,291,620
GBP
10,750
8/21/26
(1,950,214)
Nikkei 225 Index
360
JPY
23,170,327,200
JPY
73,000
8/14/26
  (104,530)
S&P 500 Index
116
USD
86,880,752
USD
7,625
 8/3/26
      (812)
S&P 500 Index
116
USD
86,880,752
USD
7,570
 8/5/26
   (59,160)
S&P 500 Index
115
USD
86,131,780
USD
7,650
 8/7/26
   (13,455)
S&P 500 Index
115
USD
86,131,780
USD
7,640
8/10/26
   (37,490)
S&P 500 Index
114
USD
85,382,808
USD
7,675
8/12/26
   (52,326)
S&P 500 Index
116
USD
86,880,752
USD
7,550
8/14/26
  (515,736)
S&P 500 Index
114
USD
85,382,808
USD
7,600
8/17/26
  (306,090)
S&P 500 Index
115
USD
86,131,780
USD
7,600
8/19/26
  (406,640)
S&P 500 Index
115
USD
86,131,780
USD
7,520
8/21/26
  (978,420)
S&P 500 Index
115
USD
86,131,780
USD
7,540
8/24/26
  (892,400)
S&P 500 Index
116
USD
86,880,752
USD
7,530
8/26/26
(1,070,680)
S&P 500 Index
116
USD
86,880,752
USD
7,550
8/28/26
(1,031,008)
Total
 
 
$(9,211,769)
 
Abbreviations:
ADR
– American Depositary Receipt
REITs
– Real Estate Investment Trusts
 
Currency Abbreviations:
EUR
– Euro
GBP
– British Pound Sterling
JPY
– Japanese Yen
USD
– United States Dollar
At July 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 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.
4
Eaton Vance
Tax-Managed Global Diversified Equity Income Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
Affiliated Investments
At July 31, 2026, the value of the Fund's investment in funds that may be deemed to be affiliated was $4,015,544, which represents 0.1% 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)
$43,196,168
$426,196,906
$(465,377,530)
$ —
$ —
$4,015,544
$787,602
4,015,544
 
(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
$197,623,495
$ —
$ —
$197,623,495
Consumer Discretionary
235,871,270
192,987,995
 —
428,859,265
Consumer Staples
27,606,523
94,971,596
 —
122,578,119
Energy
90,898,941
 —
 —
90,898,941
Financials
325,702,215
295,162,796
 —
620,865,011
Health Care
185,706,056
94,755,557
 —
280,461,613
Industrials
167,592,497
244,801,498
 —
412,393,995
Information Technology
611,514,491
241,024,794
 —
852,539,285
Materials
 —
87,957,065
 —
87,957,065
Real Estate
58,402,926
 —
 —
58,402,926
Utilities
28,421,623
78,109,387
 —
106,531,010
Total Common Stocks
$1,929,340,037
$1,329,770,688
*
$ —
$3,259,110,725
Short-Term Investments
$4,015,544
$ —
$ —
$4,015,544
Total Investments
$1,933,355,581
$1,329,770,688
$ —
$3,263,126,269
5
Eaton Vance
Tax-Managed Global Diversified Equity Income Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
Liability Description 
Level 1
Level 2
Level 3
Total
Written Call Options
$(5,364,217
)
$(3,847,552
)
$ —
$(9,211,769
)
Total
$(5,364,217
)
$(3,847,552
)
$ —
$(9,211,769
)
 
*
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.
6