NPORT-EX 2 NPORT_FH7C_60795211_0122.htm

FH7C

Eaton Vance

Tax-Managed Global Diversified Equity Income Fund

January 31, 2022

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 100.2%

Security		Shares				Value
Aerospace & Defense — 1.3%
Safran S.A.			335,178			$	40,579,738
						$	40,579,738
Air Freight & Logistics — 0.8%
GXO Logistics, Inc.(1)(2)			312,862			$	25,407,523
						$	25,407,523
Automobiles — 1.4%
Stellantis NV			2,118,158			$	40,899,235
						$	40,899,235
Banks — 8.0%
Banco Santander S.A.			6,807,836			$	23,872,371
Citigroup, Inc.(2)			541,392				35,255,447
Credit Agricole S.A.			2,136,412				32,141,133
HDFC Bank, Ltd.			1,073,302				21,568,564
HSBC Holdings PLC(1)			4,218,588				30,025,119
M&T Bank Corp.			193,443				32,765,375
Standard Chartered PLC			2,947,950				21,469,180
Svenska Handelsbanken AB, Class A			2,047,292				21,819,129
Toronto-Dominion Bank (The)			319,171				25,563,308
						$	244,479,626
Beverages — 3.6%
Coca-Cola Co. (The)(2)			1,043,211			$	63,646,303
Diageo PLC(2)			931,472				47,003,341
						$	110,649,644
Biotechnology — 0.7%
CSL, Ltd.			114,682			$	21,243,990
						$	21,243,990
Building Products — 1.3%
Assa Abloy AB, Class B(2)			712,030			$	19,496,869
Kingspan Group PLC			197,521				19,012,787
						$	38,509,656
Capital Markets — 1.1%
State Street Corp.(2)			346,953			$	32,787,058
						$	32,787,058
Construction Materials — 1.0%
CRH PLC			630,746			$	31,657,386
						$	31,657,386
Diversified Financial Services — 0.7%
London Stock Exchange Group PLC			214,666			$	21,018,681
						$	21,018,681

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Security		Shares				Value
Electric Utilities — 2.5%
Iberdrola S.A.			4,412,977			$	50,595,047
NextEra Energy, Inc.(2)			314,933				24,602,566
						$	75,197,613
Electrical Equipment — 2.4%
AMETEK, Inc.(2)			308,182			$	42,150,052
Schneider Electric SE			186,213				31,543,610
						$	73,693,662
Electronic Equipment, Instruments & Components — 3.4%
CDW Corp.(2)			203,585			$	38,487,744
Halma PLC			452,908				15,350,714
Keyence Corp.			33,200				17,029,024
TE Connectivity, Ltd.(2)			220,145				31,482,936
						$	102,350,418
Entertainment — 2.2%
Nintendo Co., Ltd.			30,811			$	15,098,665
Walt Disney Co. (The)(1)(2)			354,015				50,613,525
						$	65,712,190
Equity Real Estate Investment Trusts (REITs) — 0.6%
American Tower Corp.(2)			77,022			$	19,371,033
						$	19,371,033
Food Products — 3.8%
Mondelez International, Inc., Class A(2)			869,640			$	58,291,969
Nestle S.A.(2)			448,546				57,924,461
						$	116,216,430
Health Care Equipment & Supplies — 3.9%
Alcon, Inc.			220,550			$	17,006,304
Boston Scientific Corp.(1)(2)			1,126,864				48,342,466
Intuitive Surgical, Inc.(1)(2)			114,607				32,569,017
Straumann Holding AG			11,747				19,465,760
						$	117,383,547
Health Care Providers & Services — 1.0%
Anthem, Inc.			71,122			$	31,364,091
						$	31,364,091
Hotels, Restaurants & Leisure — 2.1%
Compass Group PLC			1,937,184			$	44,027,590
InterContinental Hotels Group PLC(1)			311,274				20,566,926
						$	64,594,516
Industrial Conglomerates — 1.4%
Siemens AG			264,220			$	41,950,501
						$	41,950,501
Insurance — 2.0%
AIA Group, Ltd.			2,502,408			$	26,124,664
Allstate Corp. (The)			123,489				14,901,418
Arch Capital Group, Ltd.(1)(2)			444,803				20,603,275
						$	61,629,357

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Security		Shares				Value
Interactive Media & Services — 5.9%
Alphabet, Inc., Class C(1)(2)			46,334			$	125,749,086
Meta Platforms, Inc., Class A(1)(2)			174,585				54,690,497
						$	180,439,583
Internet & Direct Marketing Retail — 3.1%
Amazon.com, Inc.(1)(2)			31,526			$	94,309,083
						$	94,309,083
IT Services — 5.0%
Amadeus IT Group S.A.(1)			469,998			$	32,317,157
Fidelity National Information Services, Inc.(2)			366,663				43,970,227
Global Payments, Inc.			186,986				28,025,462
Visa, Inc., Class A(2)			214,928				48,610,266
						$	152,923,112
Leisure Products — 0.6%
Yamaha Corp.(2)			408,669			$	18,616,977
						$	18,616,977
Life Sciences Tools & Services — 0.8%
Lonza Group AG(1)			36,568			$	25,211,510
						$	25,211,510
Machinery — 3.3%
Graco, Inc.			314,177			$	22,796,683
Ingersoll Rand, Inc.(2)			559,083				31,426,055
SMC Corp.			46,075				25,698,861
Stanley Black & Decker, Inc.(2)			123,131				21,504,829
						$	101,426,428
Metals & Mining — 1.4%
Anglo American PLC			576,744			$	25,426,036
Rio Tinto, Ltd.(2)			222,894				17,721,336
						$	43,147,372
Multi-Utilities — 0.5%
CMS Energy Corp.(2)			213,074			$	13,717,704
						$	13,717,704
Oil, Gas & Consumable Fuels — 4.2%
ConocoPhillips(2)			528,308			$	46,818,655
EOG Resources, Inc.(2)			412,895				46,029,535
Pioneer Natural Resources Co.(2)			156,362				34,226,078
						$	127,074,268
Personal Products — 0.4%
Kose Corp.			121,669			$	11,124,139
						$	11,124,139
Pharmaceuticals — 8.1%
AstraZeneca PLC			375,670			$	43,700,915
Eli Lilly & Co.(2)			134,819				33,083,235
Novo Nordisk A/S, Class B			397,024				39,491,281
Roche Holding AG PC(2)			127,616				49,387,284
Sanofi			421,151				44,036,395
Zoetis, Inc.(2)			178,351				35,632,746
						$	245,331,856

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Security		Shares				Value
Professional Services — 2.7%
Recruit Holdings Co., Ltd.			393,763			$	19,463,145
RELX PLC			1,270,191				39,071,564
Verisk Analytics, Inc.(2)			116,661				22,880,722
						$	81,415,431
Semiconductors & Semiconductor Equipment — 5.2%
ASML Holding NV(2)			67,449			$	45,682,835
Infineon Technologies AG			730,766				30,347,063
Micron Technology, Inc.(2)			474,235				39,015,313
Taiwan Semiconductor Manufacturing Co., Ltd. ADR(2)			360,245				44,176,844
						$	159,222,055
Software — 6.3%
Adobe, Inc.(1)(2)			62,455			$	33,369,707
Intuit, Inc.			44,841				24,897,068
Microsoft Corp.(2)			433,167				134,706,274
						$	192,973,049
Specialty Retail — 2.2%
Lowe’s Cos., Inc.(2)			115,661			$	27,452,138
TJX Cos., Inc. (The)(2)			538,374				38,746,777
						$	66,198,915
Technology Hardware, Storage & Peripherals — 2.9%
Apple, Inc.(2)			495,453			$	86,595,275
						$	86,595,275
Textiles, Apparel & Luxury Goods — 2.4%
adidas AG(2)			150,576			$	41,320,642
LVMH Moet Hennessy Louis Vuitton SE			38,593				31,699,411
						$	73,020,053
Total Common Stocks (identified cost $1,978,193,973)						$	3,049,442,705
Short-Term Investments — 0.2%
Description		Units				Value
Eaton Vance Cash Reserves Fund, LLC, 0.08%(3)			6,631,046			$	6,630,382
Total Short-Term Investments (identified cost $6,630,382)						$	6,630,382
Total Investments — 100.4% (identified cost $1,984,824,355)						$	3,056,073,087
Total Written Call Options — (0.5)% (premiums received $18,294,010)						$	(14,424,745	)
Other Assets, Less Liabilities — 0.1%						$	3,197,831
Net Assets — 100.0%						$	3,044,846,173

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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) 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 January 31, 2022.

Country Concentration of Portfolio

Country		Percentage of Total Investments				Value
United States			56.9	%		$	1,738,424,830
United Kingdom			10.1				307,660,066
France			5.9				180,000,287
Switzerland			5.5				168,995,319
Germany			3.7				113,618,206
Japan			3.5				107,030,811
Spain			3.5				106,784,575
Ireland			1.7				50,670,173
Netherlands			1.5				45,682,835
Taiwan			1.4				44,176,844
Sweden			1.3				41,315,998
Denmark			1.3				39,491,281
Australia			1.3				38,965,326
Hong Kong			0.9				26,124,664
Canada			0.8				25,563,308
India			0.7				21,568,564
Total Investments			100.0	%		$	3,056,073,087

Written Call Options — (0.5)%

Exchange-Traded Options — (0.5)%

Description		Number of Contracts				Notional Amount				Exercise Price				Expiration Date				Value
Dow Jones Euro Stoxx 50 Index			1,290			EUR	53,852,340			EUR	4,375				2/4/22			$	(17,368	)
Dow Jones Euro Stoxx 50 Index			1,280			EUR	53,434,880			EUR	4,350				2/11/22				(88,486	)
Dow Jones Euro Stoxx 50 Index			1,290			EUR	53,852,340			EUR	4,325				2/18/22				(258,021	)
Dow Jones Euro Stoxx 50 Index			1,260			EUR	52,599,960			EUR	4,225				2/25/22				(883,398	)
FTSE 100 Index			620			GBP	46,279,094			GBP	7,625				2/18/22				(352,850	)
Nikkei 225 Index			170			JPY	4,590,336,600			JPY	29,375				2/4/22				(83	)
Nikkei 225 Index			180			JPY	4,860,356,400			JPY	28,875				2/10/22				(16,162	)
Nikkei 225 Index			180			JPY	4,860,356,400			JPY	28,250				2/18/22				(158,376	)
Nikkei 225 Index			170			JPY	4,590,336,600			JPY	27,500				2/25/22				(558,011	)
S&P 500 Index			178			USD	80,376,790			USD	4,830				2/2/22				(445	)
S&P 500 Index			179			USD	80,828,345			USD	4,740				2/4/22				(6,265	)

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Description		Number of Contracts				Notional Amount				Exercise Price				Expiration Date				Value
S&P 500 Index			182			USD	82,183,010			USD	4,675				2/7/22			$	(54,600	)
S&P 500 Index			178			USD	80,376,790			USD	4,790				2/9/22				(12,460	)
S&P 500 Index			182			USD	82,183,010			USD	4,700				2/11/22				(106,470	)
S&P 500 Index			184			USD	83,086,120			USD	4,650				2/14/22				(274,160	)
S&P 500 Index			181			USD	81,731,455			USD	4,660				2/16/22				(297,745	)
S&P 500 Index			185			USD	83,537,675			USD	4,525				2/18/22				(1,350,500	)
S&P 500 Index			186			USD	83,989,230			USD	4,400				2/22/22				(2,993,670	)
S&P 500 Index			179			USD	80,828,345			USD	4,470				2/23/22				(2,018,225	)
S&P 500 Index			182			USD	82,183,010			USD	4,380				2/25/22				(3,316,950	)
S&P 500 Index			180			USD	81,279,900			USD	4,515				2/28/22				(1,660,500	)
Total																		$	(14,424,745	)

Abbreviations:

ADR		-		American Depositary Receipt
PC		-		Participation Certificate

Currency Abbreviations:

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

At January 31, 2022, 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 January 31, 2022, the value of the Fund’s investment in affiliated issuers and funds was $6,630,382, which represents 0.2% of the Fund’s net assets. Transactions in affiliated issuers and funds by the Fund for the fiscal year to date ended January 31, 2022 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.		$	19,687,725			$	—			$	(21,114,821	)		$	4,088,023			$	(2,660,927	)		$	—			$	—				—
Short-Term Investments
Eaton Vance Cash Reserves Fund, LLC			—				102,533,204				(95,902,822	)			—				—				6,630,382				1,676				6,631,046
Totals														$	4,088,023			$	(2,660,927	)		$	6,630,382			$	1,676

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)

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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 January 31, 2022, 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		$	231,053,108			$	15,098,665			$	—			$	246,151,773
Consumer Discretionary			160,507,998				197,130,781				—				357,638,779
Consumer Staples			121,938,272				116,051,941				—				237,990,213
Energy			127,074,268				—				—				127,074,268
Financials			161,875,881				198,038,841				—				359,914,722
Health Care			180,991,555				259,543,439				—				440,534,994
Industrials			166,165,864				236,817,075				—				402,982,939
Information Technology			553,337,116				140,726,793				—				694,063,909
Materials			—				74,804,758				—				74,804,758
Real Estate			19,371,033				—				—				19,371,033
Utilities			38,320,270				50,595,047				—				88,915,317
Total Common Stocks		$	1,760,635,365			$	1,288,807,340	*		$	—			$	3,049,442,705
Short-Term Investments		$	—			$	6,630,382			$	—			$	6,630,382
Total Investments		$	1,760,635,365			$	1,295,437,722			$	—			$	3,056,073,087
Liability Description
Written Call Options		$	(12,091,990	)		$	(2,332,755	)		$	—			$	(14,424,745	)
Total		$	(12,091,990	)		$	(2,332,755	)		$	—			$	(14,424,745	)

* 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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