NPORT-EX 2 NPORT_FH7C_5785927206.htm

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Eaton Vance

Tax-Managed Global Diversified Equity Income Fund

July 31, 2021

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 100.3%

Security		Shares				Value
Aerospace & Defense — 0.9%
Safran S.A.			227,033			$	29,712,791
						$	29,712,791
Air Freight & Logistics — 0.8%
XPO Logistics, Inc.(1)			187,367			$	25,985,929
						$	25,985,929
Automobiles — 1.0%
Stellantis NV			1,670,751			$	32,039,178
						$	32,039,178
Banks — 7.0%
Bank of New York Mellon Corp. (The)(2)			1,116,257			$	57,297,472
Citigroup, Inc.(2)			421,090				28,474,106
HDFC Bank, Ltd.			922,193				17,728,812
HSBC Holdings PLC			6,462,306				35,673,182
ING Groep NV			1,487,063				19,080,048
Mitsubishi UFJ Financial Group, Inc.(3)			3,651,500				19,289,696
Svenska Handelsbanken AB, Class A			2,133,302				24,040,827
Swedbank AB, Class A			886,991				17,272,924
						$	218,857,067
Beverages — 3.2%
Coca-Cola Co. (The)(2)			917,617			$	52,331,698
Diageo PLC(2)			970,605				48,128,668
						$	100,460,366
Biotechnology — 1.1%
CSL, Ltd.			157,965			$	33,629,261
						$	33,629,261
Building Products — 1.5%
Assa Abloy AB, Class B(2)			741,943			$	23,798,767
Kingspan Group PLC			204,368				22,223,760
						$	46,022,527
Construction Materials — 1.1%
CRH PLC			660,192			$	32,995,773
						$	32,995,773
Diversified Financial Services — 2.9%
Berkshire Hathaway, Inc., Class B(1)(2)			167,206			$	46,531,758
London Stock Exchange Group PLC			190,141				19,826,248
ORIX Corp.(2)			1,270,235				22,223,265
						$	88,581,271

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Security		Shares				Value
Electric Utilities — 1.6%
Iberdrola S.A.			1,963,886			$	23,635,531
NextEra Energy, Inc.(2)			334,182				26,032,778
						$	49,668,309
Electrical Equipment — 2.8%
AMETEK, Inc.(2)			355,978			$	49,498,741
Schneider Electric SE			236,327				39,582,012
						$	89,080,753
Electronic Equipment, Instruments & Components — 4.1%
CDW Corp.(2)			212,138			$	38,895,502
Halma PLC			552,696				22,185,761
Keyence Corp.			47,644				26,537,827
TE Connectivity, Ltd.(2)			286,275				42,216,974
						$	129,836,064
Entertainment — 2.3%
Nintendo Co., Ltd.			32,106			$	16,505,789
Walt Disney Co. (The)(1)(2)			317,120				55,819,462
						$	72,325,251
Equity Real Estate Investment Trusts (REITs) — 0.7%
American Tower Corp.(2)			82,816			$	23,420,365
						$	23,420,365
Food Products — 3.5%
Mondelez International, Inc., Class A(2)			784,226			$	49,610,137
Nestle S.A.(2)			467,390				59,185,433
						$	108,795,570
Health Care Equipment & Supplies — 4.0%
Alcon, Inc.			229,816			$	16,730,387
Boston Scientific Corp.(1)(2)			979,744				44,676,326
Intuitive Surgical, Inc.(1)(2)			40,343				39,998,471
Straumann Holding AG			13,384				24,814,180
						$	126,219,364
Health Care Providers & Services — 0.9%
Anthem, Inc.			74,110			$	28,458,981
						$	28,458,981
Hotels, Restaurants & Leisure — 1.1%
Compass Group PLC(1)			1,646,658			$	34,793,691
						$	34,793,691
Industrial Conglomerates — 1.0%
DCC PLC			376,567			$	31,527,447
						$	31,527,447
Insurance — 2.2%
Arch Capital Group, Ltd.(1)			729,458			$	28,448,862
Aviva PLC			2,838,179				15,242,832
AXA S.A.			932,852				24,158,091
						$	67,849,785
Interactive Media & Services — 7.1%
Alphabet, Inc., Class C(1)(2)			51,868			$	140,272,857
Facebook, Inc., Class A(1)(2)			184,439				65,715,616

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Security		Shares				Value
Tencent Holdings, Ltd.			244,842			$	14,765,967
						$	220,754,440
Internet & Direct Marketing Retail — 3.5%
Amazon.com, Inc.(1)(2)			32,850			$	109,311,331
						$	109,311,331
IT Services — 4.3%
Amadeus IT Group S.A.(1)			498,802			$	32,711,823
Fidelity National Information Services, Inc.			222,029				33,093,422
Global Payments, Inc.			121,866				23,570,103
Visa, Inc., Class A(2)			187,673				46,240,751
						$	135,616,099
Leisure Products — 1.0%
Yamaha Corp.(2)			577,197			$	31,984,794
						$	31,984,794
Life Sciences Tools & Services — 0.7%
Lonza Group AG			26,548			$	20,670,946
						$	20,670,946
Machinery — 3.1%
Graco, Inc.			195,323			$	15,250,820
Ingersoll Rand, Inc.(1)			454,265				22,199,930
SMC Corp.			39,946				23,746,843
Stanley Black & Decker, Inc.(2)			180,212				35,510,775
						$	96,708,368
Metals & Mining — 1.6%
Anglo American PLC			600,975			$	26,631,584
Rio Tinto, Ltd.(2)			232,260				22,763,793
						$	49,395,377
Multi-Utilities — 0.4%
CMS Energy Corp.(2)			222,027			$	13,719,048
						$	13,719,048
Oil, Gas & Consumable Fuels — 2.3%
Chevron Corp.(2)			245,125			$	24,956,176
EOG Resources, Inc.(2)			352,172				25,659,252
Phillips 66(2)			273,049				20,049,988
						$	70,665,416
Personal Products — 0.5%
Kose Corp.			106,121			$	16,768,266
						$	16,768,266
Pharmaceuticals — 8.0%
AstraZeneca PLC			315,770			$	36,285,090
Eli Lilly & Co.(2)			179,295				43,658,332
Novo Nordisk A/S, Class B			443,135				41,021,572
Roche Holding AG PC(2)			109,262				42,209,230
Sanofi			438,843				45,232,955
Zoetis, Inc.(2)			205,693				41,693,971
						$	250,101,150

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Security		Shares				Value
Professional Services — 3.7%
Recruit Holdings Co., Ltd.			536,571			$	27,810,807
RELX PLC			1,615,362				47,482,413
Verisk Analytics, Inc.(2)			210,988				40,075,061
						$	115,368,281
Semiconductors & Semiconductor Equipment — 4.9%
ASML Holding NV(2)			70,284			$	53,723,948
Infineon Technologies AG			761,467				29,098,799
Micron Technology, Inc.(1)(2)			460,508				35,726,211
Taiwan Semiconductor Manufacturing Co., Ltd. ADR(2)			300,010				34,993,166
						$	153,542,124
Software — 7.1%
Adobe, Inc.(1)			51,618			$	32,087,297
Dassault Systemes SE(2)			566,025				31,223,182
Intuit, Inc.			46,725				24,762,848
Microsoft Corp.(2)			469,129				133,659,544
						$	221,732,871
Specialty Retail — 2.0%
Lowe’s Cos., Inc.(2)			120,521			$	23,223,192
TJX Cos., Inc. (The)(2)			560,993				38,601,928
						$	61,825,120
Technology Hardware, Storage & Peripherals — 2.4%
Apple, Inc.(2)			525,567			$	76,659,203
						$	76,659,203
Textiles, Apparel & Luxury Goods — 4.0%
adidas AG(2)			156,902			$	56,948,110
LVMH Moet Hennessy Louis Vuitton SE			40,212				32,196,421
VF Corp.(2)			444,141				35,620,109
						$	124,764,640
Total Common Stocks (identified cost $1,908,895,575)						$	3,139,847,217
Short-Term Investments — 0.1%
Description		Units				Value
Eaton Vance Cash Reserves Fund, LLC, 0.08%(4)			1,471,062			$	1,471,062
Total Short-Term Investments (identified cost $1,471,062)						$	1,471,062
Total Investments — 100.4% (identified cost $1,910,366,637)						$	3,141,318,279
Total Written Call Options — (0.4)% (premiums received $13,564,835)						$	(12,751,370	)
Other Assets, Less Liabilities — 0.0%(5)						$	1,213,957
Net Assets — 100.0%						$	3,129,780,866

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The percentage shown for each investment category in the Portfolio of Investments is based on net assets.

(1) Non-income producing security.

(2) Security (or a portion thereof) has been pledged as collateral for written options.

(3) Represents an investment in an issuer that may be deemed to be an affiliate effective March 1, 2021.

(4) Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of July 31, 2021.

(5) Amount is less than 0.05%.

Country Concentration of Portfolio

Country		Percentage of Total Investments				Value
United States			56.4	%		$	1,772,525,567
United Kingdom			10.1				317,776,916
France			6.4				202,105,452
Japan			5.9				184,867,287
Switzerland			5.2				163,610,176
Germany			2.7				86,046,909
Netherlands			2.3				72,803,996
Sweden			2.1				65,112,518
Australia			1.8				56,393,054
Spain			1.8				56,347,354
Ireland			1.8				55,219,533
Denmark			1.3				41,021,572
Taiwan			1.1				34,993,166
India			0.6				17,728,812
China			0.5				14,765,967
Total Investments			100.0	%		$	3,141,318,279

Written Call Options — (0.4)%
Exchange-Traded Options — (0.4)%
Description		Number of Contracts				Notional                 Amount								Exercise                 Price								Expiration Date				Value
Dow Jones Euro Stoxx 50 Index			1,310				EUR				53,569,830				EUR				4,125				8/6/21			$	(201,135	)
Dow Jones Euro Stoxx 50 Index			1,300				EUR				53,160,900				EUR				4,100				8/13/21				(599,237	)
Dow Jones Euro Stoxx 50 Index			1,280				EUR				52,343,040				EUR				4,150				8/20/21				(372,915	)
Dow Jones Euro Stoxx 50 Index			1,280				EUR				52,343,040				EUR				4,150				8/27/21				(528,748	)
FTSE 100 Index			660				GBP				46,413,180				GBP				7,100				8/20/21				(277,170	)
Nikkei 225 Index			170				JPY				4,638,210,300				JPY				28,375				8/6/21				(17,783	)
Nikkei 225 Index			170				JPY				4,638,210,300				JPY				28,625				8/13/21				(41,297	)
Nikkei 225 Index			170				JPY				4,638,210,300				JPY				28,375				8/20/21				(151,717	)
Nikkei 225 Index			170				JPY				4,638,210,300				JPY				28,375				8/27/21				(313,603	)
S&P 500 Index			191				USD				83,949,466				USD				4,360				8/2/21				(791,695	)
S&P 500 Index			191				USD				83,949,466				USD				4,375				8/4/21				(685,690	)
S&P 500 Index			190				USD				83,509,940				USD				4,380				8/6/21				(715,350	)
S&P 500 Index			191				USD				83,949,466				USD				4,400				8/9/21				(537,665	)
S&P 500 Index			190				USD				83,509,940				USD				4,400				8/11/21				(634,600	)
S&P 500 Index			191				USD				83,949,466				USD				4,380				8/13/21				(970,280	)
S&P 500 Index			194				USD				85,268,044				USD				4,320				8/16/21				(1,952,610	)
S&P 500 Index			189				USD				83,070,414				USD				4,380				8/18/21				(1,092,420	)
S&P 500 Index			188				USD				82,630,888				USD				4,415				8/20/21				(787,720	)
S&P 500 Index			189				USD				83,070,414				USD				4,445				8/23/21				(507,465	)
S&P 500 Index			189				USD				83,070,414				USD				4,430				8/25/21				(714,420	)
S&P 500 Index			190				USD				83,509,940				USD				4,425				8/27/21				(857,850	)
Total																										$	(12,751,370	)

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Abbreviations:

ADR		-		American Depositary Receipt
PC		-		Participation Certificate

Currency Abbreviations:

EUR		-		Euro
GBP		-		British Pound Sterling
JPY		-		Japanese Yen
USD		-		United States Dollar

At July 31, 2021, 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.

The Fund invested in issuers that may be deemed to be affiliated with Morgan Stanley. At July 31, 2021, the value of the Fund’s investment in affiliated issuers and funds was $20,760,758, which represents 0.7% of the Fund’s net assets. Transactions in affiliated issuers and funds by the Fund for the fiscal year to date ended July 31, 2021 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/Units, end of period
Common Stocks
Mitsubishi UFJ Financial Group, Inc.(1)		$	—			$	—			$	(7,664,766	)		$	1,574,480			$	(580,453	)		$	19,289,696			$	378,136				3,651,500
Short-Term Investments
Eaton Vance Cash Reserves Fund, LLC			13,281,044				505,959,011				(517,769,104	)			111				—				1,471,062				12,985				1,471,062
Totals														$	1,574,591			$	(580,453	)		$	20,760,758			$	391,121

(1) May be deemed to be an affiliated issuer as of March 1, 2021.

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.

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At July 31, 2021, the hierarchy of inputs used in valuing the Fund’s investments and open derivative instruments, which are carried at value, were as follows:

Asset Description		Level 1				Level 2				Level 3				Total
Common Stocks
Communication Services		$	261,807,935			$	31,271,756			$	—			$	293,079,691
Consumer Discretionary			206,756,560				187,962,194				—				394,718,754
Consumer Staples			101,941,835				124,082,367				—				226,024,202
Energy			70,665,416				—				—				70,665,416
Financials			160,752,198				214,535,925				—				375,288,123
Health Care			198,486,081				260,593,621				—				459,079,702
Industrials			188,521,256				245,884,840				—				434,406,096
Information Technology			521,905,021				195,481,340				—				717,386,361
Materials			—				82,391,150				—				82,391,150
Real Estate			23,420,365				—				—				23,420,365
Utilities			39,751,826				23,635,531				—				63,387,357
Total Common Stocks		$	1,774,008,493			$	1,365,838,724	*		$	—			$	3,139,847,217
Short-Term Investments		$	—			$	1,471,062			$	—			$	1,471,062
Total Investments		$	1,774,008,493			$	1,367,309,786			$	—			$	3,141,318,279
Liability Description
Written Call Options		$	(10,247,765	)		$	(2,503,605	)		$	—			$	(12,751,370	)
Total		$	(10,247,765	)		$	(2,503,605	)		$	—			$	(12,751,370	)

* 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 financial statements included in its semiannual or annual report to shareholders.

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