# EDGAR Filing Document

**Accession Number:** 0000745463
**File Stem:** 0001752724-23-075504
**Filing Date:** 2023-3
**Character Count:** 20237
**Document Hash:** ca0b5ef69c1265059fed3d2358e52b93
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-075504.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001752724-23-075504

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EATON VANCE MUTUAL FUNDS TRUST
- **CENTRAL INDEX KEY:** 0000745463
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04015
- **FILM NUMBER:** 23784736

**BUSINESS ADDRESS:**
- **STREET 1:** TWO INTERNATIONAL PLACE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 617-482-8260

**MAIL ADDRESS:**
- **STREET 1:** TWO INTERNATIONAL PLACE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE GOVERNMENT OBLIGATIONS TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Eaton Vance Tax-Managed Small-Cap Fund (Series ID: S000005283)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000014431 | Eaton Vance Tax-Managed Small-Cap Fund Class A | EXMGX           |
| C000014433 | Eaton Vance Tax-Managed Small-Cap Fund Class C |  |
| C000081633 | Eaton Vance Tax-Managed Small-Cap Fund Class I | EIMGX           |

## Nport-Ex

Eaton Vance<br>

Tax-Managed Small-Cap Fund

January 31, 2023 (Unaudited)

------

Eaton Vance Tax-Managed Small-Cap Fund (the Fund), a diversified series of Eaton Vance Mutual Funds Trust, invests substantially all of its assets in Tax-Managed Small-Cap Portfolio (the Portfolio) and owns a pro rata interest in the Portfolio's net assets. At January 31, 2023, the value of the Fund's investment in the Portfolio was $124,544,036 and the Fund owned 65.6% of the Portfolio's outstanding interests. The Portfolio's Portfolio of Investments is set forth below.

------

Tax-Managed Small-Cap Portfolio

January 31, 2023

Portfolio of Investments (Unaudited)

------

Common Stocks — 97.9%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Aerospace & Defense — 2.1% | Aerospace & Defense — 2.1% | Aerospace & Defense — 2.1% |
| Hexcel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;55663 | &nbsp;&nbsp;$3928695 |
|  |  | &nbsp;&nbsp;**$3928695** |
| Auto Components — 4.6% | Auto Components — 4.6% | Auto Components — 4.6% |
| Dana, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;102651 | &nbsp;&nbsp;$1862089 |
| Dorman Products, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;49379 | &nbsp;&nbsp;&nbsp;&nbsp; 4792726 |
| Visteon Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;13246 | &nbsp;&nbsp;&nbsp;&nbsp; 2070879 |
|  |  | &nbsp;&nbsp;**$8725694** |
| Automobiles — 0.8% | Automobiles — 0.8% | Automobiles — 0.8% |
| Harley-Davidson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;34965 | &nbsp;&nbsp;$1609439 |
|  |  | &nbsp;&nbsp;**$1609439** |
| Banks — 8.6% | Banks — 8.6% | Banks — 8.6% |
| Commerce Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;41687 | &nbsp;&nbsp;$2774687 |
| Community Bank System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;53544 | &nbsp;&nbsp;&nbsp;&nbsp; 3090024 |
| CVB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;59081 | &nbsp;&nbsp;&nbsp;&nbsp; 1430942 |
| Glacier Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;35100 | &nbsp;&nbsp;&nbsp;&nbsp; 1600209 |
| Independent Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;25482 | &nbsp;&nbsp;&nbsp;&nbsp; 2030660 |
| SouthState Corp. | &nbsp;&nbsp;&nbsp;&nbsp;35591 | &nbsp;&nbsp;&nbsp;&nbsp; 2833044 |
| Stock Yards Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25477 | &nbsp;&nbsp;&nbsp;&nbsp; 1527601 |
| Wintrust Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;12388 | &nbsp;&nbsp;&nbsp;&nbsp; 1133130 |
|  |  | &nbsp;&nbsp;**$16420297** |
| Building Products — 7.0% | Building Products — 7.0% | Building Products — 7.0% |
| AAON, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;54867 | &nbsp;&nbsp;$4187449 |
| AZEK Co., Inc. (The)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;185782 | &nbsp;&nbsp;&nbsp;&nbsp; 4482920 |
| CSW Industrials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;23920 | &nbsp;&nbsp;&nbsp;&nbsp; 3234223 |
| Hayward Holdings, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;110129 | &nbsp;&nbsp;&nbsp;&nbsp; 1485640 |
|  |  | &nbsp;&nbsp;**$13390232** |
| Capital Markets — 2.6% | Capital Markets — 2.6% | Capital Markets — 2.6% |
| Cohen & Steers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;37392 | &nbsp;&nbsp;$2747190 |
| Stifel Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;32919 | &nbsp;&nbsp;&nbsp;&nbsp; 2219070 |
|  |  | &nbsp;&nbsp;**$4966260** |
| Chemicals — 4.6% | Chemicals — 4.6% | Chemicals — 4.6% |
| Balchem Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816 | &nbsp;&nbsp;$106594 |
| Quaker Houghton | &nbsp;&nbsp;&nbsp;&nbsp;17593 | &nbsp;&nbsp;&nbsp;&nbsp; 3463534 |
| Valvoline, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;143301 | &nbsp;&nbsp;&nbsp;&nbsp; 5253415 |
|  |  | &nbsp;&nbsp;**$8823543** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Commercial Services & Supplies — 1.5% | Commercial Services & Supplies — 1.5% | Commercial Services & Supplies — 1.5% |
| Rentokil Initial PLC ADR | &nbsp;&nbsp;&nbsp;&nbsp;95186 | &nbsp;&nbsp;$2895558 |
|  |  | &nbsp;&nbsp;**$2895558** |
| Containers & Packaging — 1.6% | Containers & Packaging — 1.6% | Containers & Packaging — 1.6% |
| AptarGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25589 | &nbsp;&nbsp;$2959112 |
|  |  | &nbsp;&nbsp;**$2959112** |
| Diversified Consumer Services — 1.4% | Diversified Consumer Services — 1.4% | Diversified Consumer Services — 1.4% |
| Bright Horizons Family Solutions, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;34604 | &nbsp;&nbsp;$2656895 |
|  |  | &nbsp;&nbsp;**$2656895** |
| Electronic Equipment, Instruments & Components — 0.7% | Electronic Equipment, Instruments & Components — 0.7% | Electronic Equipment, Instruments & Components — 0.7% |
| National Instruments Corp. | &nbsp;&nbsp;&nbsp;&nbsp;24274 | &nbsp;&nbsp;$1310796 |
|  |  | &nbsp;&nbsp;**$1310796** |
| Equity Real Estate Investment Trusts (REITs) — 8.1% | Equity Real Estate Investment Trusts (REITs) — 8.1% | Equity Real Estate Investment Trusts (REITs) — 8.1% |
| CubeSmart | &nbsp;&nbsp;&nbsp;&nbsp;75272 | &nbsp;&nbsp;$3446705 |
| EastGroup Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;18289 | &nbsp;&nbsp;&nbsp;&nbsp; 3077124 |
| Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;185371 | &nbsp;&nbsp;&nbsp;&nbsp; 4723253 |
| Rexford Industrial Realty, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;28203 | &nbsp;&nbsp;&nbsp;&nbsp; 1790045 |
| Terreno Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;36744 | &nbsp;&nbsp;&nbsp;&nbsp; 2367416 |
|  |  | &nbsp;&nbsp;**$15404543** |
| Food & Staples Retailing — 2.6% | Food & Staples Retailing — 2.6% | Food & Staples Retailing — 2.6% |
| Chefs' Warehouse, Inc. (The)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;27669 | &nbsp;&nbsp;$1057786 |
| Performance Food Group Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;62845 | &nbsp;&nbsp;&nbsp;&nbsp; 3853655 |
|  |  | &nbsp;&nbsp;**$4911441** |
| Food Products — 0.9% | Food Products — 0.9% | Food Products — 0.9% |
| J&J Snack Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp;11588 | &nbsp;&nbsp;$1660560 |
|  |  | &nbsp;&nbsp;**$1660560** |
| Gas Utilities — 2.5% | Gas Utilities — 2.5% | Gas Utilities — 2.5% |
| ONE Gas, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;58586 | &nbsp;&nbsp;$4825143 |
|  |  | &nbsp;&nbsp;**$4825143** |
| Health Care Equipment & Supplies — 7.1% | Health Care Equipment & Supplies — 7.1% | Health Care Equipment & Supplies — 7.1% |
| Envista Holdings Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;100471 | &nbsp;&nbsp;$3917364 |
| ICU Medical, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8311 | &nbsp;&nbsp;&nbsp;&nbsp; 1605935 |
| Inari Medical, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;19374 | &nbsp;&nbsp;&nbsp;&nbsp; 1105287 |
| Integra LifeSciences Holdings Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;58160 | &nbsp;&nbsp;&nbsp;&nbsp; 3332568 |
| Neogen Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;163849 | &nbsp;&nbsp;&nbsp;&nbsp; 3508007 |
|  |  | &nbsp;&nbsp;**$13469161** |

---

------

Tax-Managed Small-Cap Portfolio

January 31, 2023

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Health Care Providers & Services — 9.6% | Health Care Providers & Services — 9.6% | Health Care Providers & Services — 9.6% |
| Addus HomeCare Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;42191 | &nbsp;&nbsp;$4536376 |
| Agiliti, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;175553 | &nbsp;&nbsp;&nbsp;&nbsp; 3238953 |
| Chemed Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9706 | &nbsp;&nbsp;&nbsp;&nbsp; 4902889 |
| R1 RCM, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;171825 | &nbsp;&nbsp;&nbsp;&nbsp; 2458816 |
| U.S. Physical Therapy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;30746 | &nbsp;&nbsp;&nbsp;&nbsp; 3048466 |
|  |  | &nbsp;&nbsp;**$18185500** |
| Hotels, Restaurants & Leisure — 4.0% | Hotels, Restaurants & Leisure — 4.0% | Hotels, Restaurants & Leisure — 4.0% |
| Papa John's International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17434 | &nbsp;&nbsp;$1563655 |
| Planet Fitness, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;11606 | &nbsp;&nbsp;&nbsp;&nbsp; 982448 |
| Texas Roadhouse, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9162 | &nbsp;&nbsp;&nbsp;&nbsp; 920140 |
| Wyndham Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;54464 | &nbsp;&nbsp;&nbsp;&nbsp; 4221505 |
|  |  | &nbsp;&nbsp;**$7687748** |
| Insurance — 8.0% | Insurance — 8.0% | Insurance — 8.0% |
| RLI Corp. | &nbsp;&nbsp;&nbsp;&nbsp;27719 | &nbsp;&nbsp;$3671382 |
| Ryan Specialty Holdings, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;84854 | &nbsp;&nbsp;&nbsp;&nbsp; 3616477 |
| Selective Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;35743 | &nbsp;&nbsp;&nbsp;&nbsp; 3395585 |
| White Mountains Insurance Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2897 | &nbsp;&nbsp;&nbsp;&nbsp; 4426500 |
|  |  | &nbsp;&nbsp;**$15109944** |
| Interactive Media & Services — 0.8% | Interactive Media & Services — 0.8% | Interactive Media & Services — 0.8% |
| CarGurus, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;83620 | &nbsp;&nbsp;$1475893 |
|  |  | &nbsp;&nbsp;**$1475893** |
| IT Services — 1.0% | IT Services — 1.0% | IT Services — 1.0% |
| Euronet Worldwide, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;16351 | &nbsp;&nbsp;$1842431 |
|  |  | &nbsp;&nbsp;**$1842431** |
| Leisure Products — 0.9% | Leisure Products — 0.9% | Leisure Products — 0.9% |
| Brunswick Corp. | &nbsp;&nbsp;&nbsp;&nbsp;19339 | &nbsp;&nbsp;$1630858 |
|  |  | &nbsp;&nbsp;**$1630858** |
| Machinery — 3.1% | Machinery — 3.1% | Machinery — 3.1% |
| Middleby Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;20859 | &nbsp;&nbsp;$3242531 |
| Woodward, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25730 | &nbsp;&nbsp;&nbsp;&nbsp; 2631150 |
|  |  | &nbsp;&nbsp;**$5873681** |
| Professional Services — 2.6% | Professional Services — 2.6% | Professional Services — 2.6% |
| CBIZ, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;102724 | &nbsp;&nbsp;$4888635 |
|  |  | &nbsp;&nbsp;**$4888635** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Road & Rail — 1.9% | Road & Rail — 1.9% | Road & Rail — 1.9% |
| Landstar System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;20406 | &nbsp;&nbsp;$3526769 |
|  |  | &nbsp;&nbsp;**$3526769** |
| Software — 6.7% | Software — 6.7% | Software — 6.7% |
| Altair Engineering, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;68609 | &nbsp;&nbsp;$3643138 |
| Clearwater Analytics Holdings, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;103013 | &nbsp;&nbsp;&nbsp;&nbsp; 2016994 |
| Envestnet, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;57057 | &nbsp;&nbsp;&nbsp;&nbsp; 3708705 |
| SPS Commerce, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;25295 | &nbsp;&nbsp;&nbsp;&nbsp; 3442144 |
|  |  | &nbsp;&nbsp;**$12810981** |
| Trading Companies & Distributors — 2.6% | Trading Companies & Distributors — 2.6% | Trading Companies & Distributors — 2.6% |
| Core & Main, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;137870 | &nbsp;&nbsp;$3042791 |
| Herc Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11662 | &nbsp;&nbsp;&nbsp;&nbsp; 1811342 |
|  |  | &nbsp;&nbsp;**$4854133** |
| Total Common Stocks<br> (identified cost $139,024,770) |  | &nbsp;&nbsp;**$185843942** |

---

Short-Term Investments — 2.4%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.14%<sup>(2)</sup> | 4504737 | &nbsp;&nbsp;$4504737 |
| Total Short-Term Investments<br> (identified cost $4,504,737) |  | &nbsp;&nbsp;**$4504737** |
| Total Investments — 100.3%<br> (identified cost $143,529,507) |  | &nbsp;&nbsp;**$190348679** |
| Other Assets, Less Liabilities — (0.3)% |  | &nbsp;&nbsp;**$(479306)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$189869373** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | The percentage shown for each investment category in the Portfolio of Investments is based on net assets. |
| <sup>(1)</sup> | Non-income producing security. |
| <sup>(2)</sup> | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of January 31, 2023. |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | – American Depositary Receipt |

---

------

Tax-Managed Small-Cap Portfolio

January 31, 2023

Portfolio of Investments (Unaudited) — continued

------

The Portfolio did not have any open derivative instruments at January 31, 2023.

Affiliated Investments

At January 31, 2023, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $4,504,737, which represents 2.4% of the Portfolio's net assets. Transactions in such funds by the Portfolio for the fiscal year to date ended January 31, 2023 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** |
| Liquidity Fund, Institutional Class<sup>(1)</sup> | $5430229 | $13901348 | $(14826840) | $— | $— | $4504737 | $40419 | 4504737 |

---

<sup>(1)</sup> 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 January 31, 2023, the hierarchy of inputs used in valuing the Portfolio's investments, which are carried at value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| Common Stocks | &nbsp;&nbsp;$185,843,942\* | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$185843942 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 4504737 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4504737 |
| **Total Investments** | &nbsp;&nbsp;**$190348679** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$190348679** |

---

\* The level classification by major category of investments is the same as the category presentation in the Portfolio of Investments.

For information on the Portfolio's policy regarding the valuation of investments and other significant accounting policies, please refer to the Portfolio's most recent financial statements included in its semiannual or annual report to shareholders.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** EATON VANCE MUTUAL FUNDS TRUST

- **b. Investment Company Act file number:** 811-04015

- **c. CIK number of Registrant:** 0000745463

- **d. LEI of Registrant:** 549300C67AFHZKODE756

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** TWO INTERNATIONAL PLACE

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 617-482-8260

**Item A.2. Information about the Series.**

- **a. Name of Series:** Eaton Vance Tax-Managed Small-Cap Fund

- **b. EDGAR series identifier (if any):** S000005283

- **c. LEI of Series:** 549300MDY0QIGZ06WP96

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $124609694.53

**Total Liabilities:** $130765.32

**Net Assets:** $124478929.21

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000081633 | 3.76%                | -4.90%               | 9.28%                |
| Class ID C000014431 | 3.76%                | -4.90%               | 9.25%                |
| Class ID C000014433 | 3.67%                | -4.98%               | 9.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $0.00                    | $0.00                                      |

### Schedule of Portfolio Investments

| Name                            | Title                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TAX MANAGED SMALL CAP PORTFOLIO | TAX MANAGED SMALL CAP PORTFOLIO | CUSIP: 000000000<br>LEI: 549300MF38BQITTU4Y08 | Long             | EC               | RF                | US        |   2787463 | NS      | $124543829.03 | 100.05%           |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2023-02-27

**Name of Applicant:** EATON VANCE MUTUAL FUNDS TRUST

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer