# EDGAR Filing Document

**Accession Number:** 0000745463
**File Stem:** 0001193125-23-081829
**Filing Date:** 2023-3
**Character Count:** 685559
**Document Hash:** 485599754eab5af4fde09e661cea4cd2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-081829.hdr.sgml**: 20230328

**ACCESSION NUMBER**: 0001193125-23-081829

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 18

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230328

**DATE AS OF CHANGE**: 20230328

**EFFECTIVENESS DATE**: 20230328

**FILER**: 

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

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04015
- **FILM NUMBER:** 23767662

**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

### Parametric Emerging Markets Fund (Series ID: S000012701)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000034229 | Parametric Emerging Markets Fund Class A  | EAEMX           |
| C000034230 | Parametric Emerging Markets Fund Class C  | ECEMX           |
| C000034231 | Parametric Emerging Markets Fund Class I  | EIEMX           |
| C000142449 | Parametric Emerging Markets Fund Class R6 | EREMX           |

### Parametric International Equity Fund (Series ID: S000028355)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000086647 | Parametric International Equity Fund Class A  | EAISX           |
| C000086649 | Parametric International Equity Fund Class I  | EIISX           |
| C000161753 | Parametric International Equity Fund Class R  | ERISX           |
| C000161754 | Parametric International Equity Fund Class R6 | ESISX           |

### Parametric Volatility Risk Premium - Defensive Fund (Series ID: S000056237)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000177028 | Parametric Volatility Risk Premium - Defensive Fund Class I | EIVPX           |

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**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

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**Form N-CSR** 

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**CERTIFIED SHAREHOLDER REPORT OF REGISTERED** 

**MANAGEMENT INVESTMENT COMPANIES** 

**Investment Company Act File Number: 811-04015** 

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## Eaton Vance Mutual Funds Trust
**(Exact Name of Registrant as Specified in Charter)** 

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**Two International Place, Boston, Massachusetts 02110** 

**(Address of Principal Executive Offices)** 

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**Deidre E. Walsh** 

**Two International Place, Boston, Massachusetts 02110** 

**(Name and Address of Agent for Services)** 

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**(617) 482-8260** 

**(Registrant's Telephone Number)** 

**January 31** 

**Date of Fiscal Year End** 

**January 31, 2023** 

**Date of Reporting Period** 

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**Item 1. Reports to Stockholders** 

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![](g469219img45b122261.gif)

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## Parametric

## International Equity Fund

## Annual Report
January 31, 2023

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![](g469219img1a4be6842.gif)

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**Commodity Futures Trading Commission Registration. The Commodity Futures Trading Commission ("CFTC") has adopted regulations that subject registered investment companies and advisers to regulation by the CFTC if a fund invests more than a prescribed level of its assets in certain CFTC-regulated instruments (including futures, certain options and swap agreements) or markets itself as providing investment exposure to such instruments. The investment adviser has claimed an exclusion from the definition of "commodity pool operator" under the Commodity Exchange Act with respect to its management of the Fund. Accordingly, neither the Fund nor the adviser with respect to the operation of the Fund is subject to CFTC regulation. Because of its management of other strategies, the Fund's adviser and Parametric Portfolio Associates LLC (Parametric), sub-adviser to the Fund, are registered with the CFTC as commodity pool operators. The adviser and Parametric are also registered as commodity trading advisors.**

**Fund shares are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Shares are subject to investment risks, including possible loss of principal invested.**

**This report must be preceded or accompanied by a current summary prospectus or prospectus. Before investing, investors should consider carefully the investment objective, risks, and charges and expenses of a mutual fund. This and other important information is contained in the summary prospectus and prospectus, which can be obtained from a financial intermediary. Prospective investors should read the prospectus carefully before investing. For further information, please call 1-800-260-0761.**

------

#### Annual Report January 31, 2023
Parametric

International Equity Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_0f3c14a8-545b-4802-8a31-539fca62aae3_1)** |  |
| [Management's Discussion of Fund Performance](#xx_c6b3d43d-a06c-4426-ba89-516427ca3cfa_1) | &nbsp;&nbsp;&nbsp;&nbsp;2 |
| [Performance](#xx_c6b3d43d-a06c-4426-ba89-516427ca3cfa_2) | &nbsp;&nbsp;&nbsp;&nbsp;3 |
| [Fund Profile](#xx_c6b3d43d-a06c-4426-ba89-516427ca3cfa_3) | &nbsp;&nbsp;&nbsp;&nbsp;4 |
| [Endnotes and Additional Disclosures](#xx_bab664db-f702-452a-9c14-b13e47324c1e_1) | &nbsp;&nbsp;&nbsp;&nbsp;5 |
| [Fund Expenses](#xx_40bd337f-b510-40f8-a33a-17b18a81e7df_1) | &nbsp;&nbsp;&nbsp;&nbsp;6 |
| [Financial Statements](#xx_75d65b47-7b2e-4fe9-bd1b-0c53928a92b8_1) | &nbsp;&nbsp;&nbsp;&nbsp;7 |
| [Report of Independent Registered Public Accounting Firm](#xx_cd0df147-b273-465e-bcfb-d593b3e2f278_1) | &nbsp;&nbsp;&nbsp;&nbsp;36 |
| [Federal Tax Information](#xx_72247edc-a7ec-4df0-baa3-f9cddd5a8b84_1) | &nbsp;&nbsp;&nbsp;&nbsp;37 |
| [Management and Organization](#xx_1c89a0e0-be86-40a4-a772-cf50924854d0_1) | &nbsp;&nbsp;&nbsp;&nbsp;38 |
| [Privacy Notice](#xx_326f3fed-2f81-40a9-bd0f-b5d92d5dc929_1) | &nbsp;&nbsp;&nbsp;&nbsp;41 |
| [Important Notices](#xx_844c9575-ee1b-4568-83cd-45b9cffa1a15_1) | &nbsp;&nbsp;&nbsp;&nbsp;43 |

---

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Management's Discussion of Fund Performance<sup>†</sup>

------

Economic and Market Conditions

Developed equity markets outside the U.S. declined sharply during the first half of the 12-month period ended January 31, 2023, as measured by the MSCI EAFE Index (the Index). During the second half of the period, international stocks mounted a strong comeback, finishing the period in slightly negative territory. Overall results at the country level were mixed, with 14 of the 21 international markets within the Index recording losses during the period.

Overseas markets impacted by Russia's war in Ukraine -- as well as markets with high technology exposures -- fared the worst during the period. Conversely, a strong showing from energy stocks benefitted a handful of energy-rich nations. U.S.-based investors faced an added challenge from the U.S. dollar's relative strength, resulting in losses from foreign currency depreciation during the period.

In Europe, the war in Ukraine weighed strongly on international markets. In particular, Germany and Austria experienced acute losses due to their dependence on Russian energy. High inflation, rising interest rates, and the possibility of a near-term recession across the region also punished stocks. Countries with higher industrial exposure -- specifically Ireland, Finland, and Sweden -- were particularly vulnerable during the period. Additionally, a strong pullback in technology stocks, including key semiconductor manufacturing equipment suppliers, challenged markets in the Netherlands. In contrast, rising energy prices enabled both the U.K. and Portugal to deliver positive returns.

Turning to the Pacific region, stock performance in Japan trailed the broader Index largely due to a fierce decline in the yen versus the U.S. dollar -- a side effect of rising U.S. rates. Meanwhile, the Bank of Japan continued its growth-oriented low interest rate policy during the period. Australia and New Zealand experienced the highest Index returns, resulting from double-digit gains from a handful of sectors, including utilities and industrials.

Fund Performance

For the 12-month period ended January 31, 2023, Parametric International Equity Fund (the Fund) returned -5.51% for Class A shares at net asset value (NAV), underperforming its benchmark, the Index, which returned -2.83%.

Factors detracting from the Fund's performance relative to the Index included sector diversification across the U.K., which resulted in an overweight exposure to real estate. Property stocks in the U.K. fell sharply as the Bank of England pursued aggressive interest rate increases to slow the pace of inflation. In Germany, the Fund's stock selections, which emphasized medium- and small-size companies, also detracted from relative performance versus the Index. This was partially the result of including underperforming small-cap stocks within the utilities and health care sectors. The Fund's sector allocations in Sweden further detracted from relative returns during the period. This was partially due to an overweight position in communication services, which experienced sharp declines.

The Fund's emphasis on diversification at the sector level within each country also detracted from relative returns. The Fund's emphasis on diversification -- via a system of broad security representation with an emphasis on reducing portfolio risk -- further detracted from relative performance during the period.

In contrast, the Fund's emphasis on diversification -- via a system of targeting country weights and systematically rebalancing them as they change -- contributed to performance relative to the Index during the period. Based on diversification targets, the Fund held underweight exposures to larger countries, and overweight exposures to smaller countries.

Factors contributing to the Fund's performance relative to the Index included an underweight exposure to Japan, where markets fell for U.S.-based investors due to a sharply depreciating yen. The Fund's active sector allocations within Japan also improved relative returns during the period. This was due in part to an underweight position in the consumer discretionary sector, which fell.

In Switzerland, the Fund's stock selections within the financials sector also added to relative performance -- partially the result of excluding high beta stocks. Additionally, sector allocations in Singapore contributed to relative returns, resulting from an underweight position in communication services during the period.

*See Endnotes and Additional Disclosures in this report.*

*Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) or offering price (as applicable) with all distributions reinvested. Furthermore, returns do not reflect the deduction of taxes that shareholders may have to pay on Fund distributions or upon the redemption of Fund shares. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance for periods less than or equal to one year is cumulative. Performance is for the stated time period only; due to market volatility, current Fund performance may be lower or higher than the quoted return. For performance as of the most recent month-end, please refer to eatonvance.com.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Performance

------

#### Portfolio Manager(s) Thomas C. Seto, Paul Bouchey, CFA and Jennifer Sireklove, CFA, each of Parametric Portfolio Associates LLC

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **% Average Annual Total Returns<sup>1,2</sup>** | **Class <br> Inception Date** | **Performance <br> Inception Date** | **One Year** | **Five Years** | **Ten Years** |
| &nbsp;&nbsp;Class A at NAV | 04/01/2010 | 04/01/2010 | &nbsp;&nbsp;&nbsp;(5.51)% | 2.00% | 5.02% |
| &nbsp;&nbsp;Class A with 5.25% Maximum Sales Charge |  |  | (10.48) | 0.90 | 4.46 |
| &nbsp;&nbsp;Class I at NAV | 04/01/2010 | 04/01/2010 | &nbsp;&nbsp;&nbsp;(5.30) | 2.26 | 5.29 |
| &nbsp;&nbsp;Class R at NAV | 08/10/2015 | 04/01/2010 | &nbsp;&nbsp;&nbsp;(5.77) | 1.76 | 4.83 |
| &nbsp;&nbsp;Class R6 at NAV | 08/10/2015 | 04/01/2010 | &nbsp;&nbsp;&nbsp;(5.29) | 2.28 | 5.31 |
| &nbsp;&nbsp;MSCI EAFE Index |  |  | &nbsp;&nbsp;&nbsp;(2.83)% | 2.13% | 4.95% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **% Total Annual Operating Expense Ratios<sup>3</sup>** | **Class A** | **Class I** | **Class R** | **Class R6** |
| &nbsp;&nbsp;Gross | 0.79% | 0.54% | 1.04% | 0.51% |
| &nbsp;&nbsp;Net | 0.75 | 0.50 | 1.00 | 0.47 |

---

Growth of $10,000

------

This graph shows the change in value of a hypothetical investment of $10,000 in Class A of the Fund for the period indicated. For comparison, the same investment is shown in the indicated index.

![](g469219img014d009b3.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Growth of Investment<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Amount Invested** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Period Beginning** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**At NAV** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**With Maximum Sales Charge** |
| &nbsp;&nbsp;Class I, at minimum investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01/31/2012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1675109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N.A. |
| &nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01/31/2012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N.A. |
| &nbsp;&nbsp;Class R6, at minimum investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01/31/2012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8389886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N.A. |

---

*See Endnotes and Additional Disclosures in this report.*

*Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) or offering price (as applicable) with all distributions reinvested. Furthermore, returns do not reflect the deduction of taxes that shareholders may have to pay on Fund distributions or upon the redemption of Fund shares. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance for periods less than or equal to one year is cumulative. Performance is for the stated time period only; due to market volatility, current Fund performance may be lower or higher than the quoted return. For performance as of the most recent month-end, please refer to eatonvance.com.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Fund Profile

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Sector Allocation (% of net assets)<sup>1</sup>

![](g469219img390297bb4.jpg)

Geographic Allocation (% of common stocks)

![](g469219imgbe0092d95.jpg)

---

| | |
|:---|:---|
| Top 10 Holdings (% of net assets)<sup>1</sup> | Top 10 Holdings (% of net assets)<sup>1</sup> |
| Nestle S.A. | &nbsp;&nbsp;&nbsp;1.2% |
| Cie Financiere Richemont S.A. | &nbsp;&nbsp;&nbsp;1.1 |
| Air Liquide S.A. | &nbsp;&nbsp;&nbsp;0.9 |
| E.ON SE | &nbsp;&nbsp;&nbsp;0.9 |
| CSL, Ltd. | &nbsp;&nbsp;&nbsp;0.8 |
| Deutsche Telekom AG | &nbsp;&nbsp;&nbsp;0.7 |
| TotalEnergies SE | &nbsp;&nbsp;&nbsp;0.7 |
| Novo Nordisk A/S, Class B | &nbsp;&nbsp;&nbsp;0.7 |
| Vonovia SE | &nbsp;&nbsp;&nbsp;0.6 |
| AstraZeneca PLC | &nbsp;&nbsp;&nbsp;0.6 |
| **Total** | &nbsp;&nbsp;**8.2%** |

---

Footnotes:

<sup>1</sup> Excludes cash and cash equivalents.

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Endnotes and Additional Disclosures

------

† The views expressed in this
report are those of the portfolio manager(s) and are current only through the date stated at the top of this page. These views are subject to change at any time based upon market or other conditions, and Eaton Vance and the Fund(s) disclaim any
responsibility to update such views. These views may not be relied upon as investment advice and, because investment decisions are based on many factors, may not be relied upon as an indication of trading intent on behalf of any Eaton Vance fund.
This commentary may contain statements that are not historical facts, referred to as "forward-looking statements." The Fund's actual future results may differ significantly from those stated in any forward-looking statement,
depending on factors such as changes in securities or financial markets or general economic conditions, the volume of sales and purchases of Fund shares, the continuation of investment advisory, administrative and service contracts, and other risks
discussed from time to time in the Fund's filings with the Securities and Exchange Commission.

<sup>1</sup> MSCI EAFE Index is an unmanaged index of equities in the developed markets, excluding the U.S. and Canada. MSCI indexes are net of foreign withholding taxes. Source: MSCI. MSCI data may not be reproduced or used for any other purpose. MSCI provides no warranties, has not prepared or approved this report, and has no liability hereunder. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index.

<sup>2</sup> Total Returns at NAV do not include applicable sales charges. If sales charges were deducted, the returns would be lower. Total Returns shown with maximum sales charge reflect the stated maximum sales charge. Unless otherwise stated, performance does not reflect the deduction of taxes on Fund distributions or redemptions of Fund shares.Performance prior to the inception date of a class may be linked to the performance of an older class of the Fund. This linked performance is adjusted for any applicable sales charge, but is not adjusted for class expense differences. If adjusted for such differences, the performance would be different. The performance of Class R is linked to Class A and the performance of Class R6 is linked to Class I. Performance presented in the Financial Highlights included in the financial statements is not linked.

<sup>3</sup> Source: Fund prospectus. Net expense ratios reflect a contractual expense reimbursement that continues through 5/31/23. The expense ratios for the current reporting period can be found in the Financial Highlights section of this report. Performance reflects expenses waived and/or reimbursed, if applicable. Without such waivers and/or reimbursements, performance would have been lower.

---

| |
|:---|
| Fund profile subject to change due to active management. |
| Important Notice to Shareholders |
| Effective April 29, 2022, the Fund's Institutional Class shares were redesignated as Class I shares. This share class redesignation did not result in changes to the annual operating expenses of Class I or the Fund. |

---

Additional Information <br> Diversification cannot ensure a profit or eliminate the risk of loss.

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Fund Expenses

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#### Example
As a Fund shareholder, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchases; and (2) ongoing costs, including management fees; distribution and/or service fees; and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of Fund investing and to compare these costs with the ongoing costs of investing in other mutual funds. The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (August 1, 2022 to January 31, 2023).

#### Actual Expenses
The first section of the table below provides information about actual account values and actual expenses. You may use the information in this section, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first section under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period.

#### Hypothetical Example for Comparison Purposes
The second section of the table below provides information about hypothetical account values and hypothetical expenses based on the actual Fund expense ratio and an assumed rate of return of 5% per year (before expenses), which is not the actual Fund return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads). Therefore, the second section of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Beginning <br> Account Value<br> (8/1/22)** | &nbsp;&nbsp;&nbsp;&nbsp;**Ending <br> Account Value<br> (1/31/23)** | &nbsp;&nbsp;&nbsp;&nbsp;**Expenses Paid<br> During Period\*<br> (8/1/22 – 1/31/23)** | &nbsp;&nbsp;&nbsp;&nbsp;**Annualized <br> Expense<br> Ratio** |
| **Actual** |  |  |  |  |
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1069.10 | &nbsp;&nbsp;&nbsp;&nbsp;$4.02\*\* | &nbsp;&nbsp;&nbsp;&nbsp;0.77% |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1070.80 | &nbsp;&nbsp;&nbsp;&nbsp;$2.71\*\* | &nbsp;&nbsp;&nbsp;&nbsp;0.52% |
| Class R | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1067.50 | &nbsp;&nbsp;&nbsp;&nbsp;$5.32\*\* | &nbsp;&nbsp;&nbsp;&nbsp;1.02% |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1070.20 | &nbsp;&nbsp;&nbsp;&nbsp;$2.56\*\* | &nbsp;&nbsp;&nbsp;&nbsp;0.49% |
| **Hypothetical** |  |  |  |  |
| (5% return per year before expenses) |  |  |  |  |
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1021.32 | &nbsp;&nbsp;&nbsp;&nbsp;$3.92\*\* | &nbsp;&nbsp;&nbsp;&nbsp;0.77% |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1022.58 | &nbsp;&nbsp;&nbsp;&nbsp;$2.65\*\* | &nbsp;&nbsp;&nbsp;&nbsp;0.52% |
| Class R | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1020.06 | &nbsp;&nbsp;&nbsp;&nbsp;$5.19\*\* | &nbsp;&nbsp;&nbsp;&nbsp;1.02% |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1022.74 | &nbsp;&nbsp;&nbsp;&nbsp;$2.50\*\* | &nbsp;&nbsp;&nbsp;&nbsp;0.49% |

---

\* Expenses are equal to the Fund's annualized expense ratio for the indicated Class, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). The Example assumes that the $1,000 was invested at the net asset value per share determined at the close of business on July 31, 2022.

\*\* Absent an allocation of certain expenses to affiliates, expenses would be higher.

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments

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Common Stocks — 99.5%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Australia — 8.9% | Australia — 8.9% | Australia — 8.9% |
| Abacus Property Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53600 | &nbsp;&nbsp;$106212 |
| AGL Energy, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;148900 | &nbsp;&nbsp;&nbsp;&nbsp; 807525 |
| Altium, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15400 | &nbsp;&nbsp;&nbsp;&nbsp; 426381 |
| Alumina, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;168000 | &nbsp;&nbsp;&nbsp;&nbsp; 186893 |
| Ampol, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21940 | &nbsp;&nbsp;&nbsp;&nbsp; 475788 |
| ANZ Group Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23500 | &nbsp;&nbsp;&nbsp;&nbsp; 418215 |
| APA Group | &nbsp;&nbsp;&nbsp;&nbsp;220500 | &nbsp;&nbsp;&nbsp;&nbsp; 1650202 |
| ARB Corp., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10500 | &nbsp;&nbsp;&nbsp;&nbsp; 238581 |
| ASX, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp; 347439 |
| Aurizon Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93148 | &nbsp;&nbsp;&nbsp;&nbsp; 243466 |
| Austal, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72300 | &nbsp;&nbsp;&nbsp;&nbsp; 84846 |
| Bank of Queensland, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45200 | &nbsp;&nbsp;&nbsp;&nbsp; 223507 |
| Bapcor, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14665 | &nbsp;&nbsp;&nbsp;&nbsp; 66321 |
| Beach Energy, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76266 | &nbsp;&nbsp;&nbsp;&nbsp; 81954 |
| Bendigo & Adelaide Bank, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46000 | &nbsp;&nbsp;&nbsp;&nbsp; 327907 |
| BHP Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55644 | &nbsp;&nbsp;&nbsp;&nbsp; 1948772 |
| Brambles, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73365 | &nbsp;&nbsp;&nbsp;&nbsp; 623863 |
| Breville Group, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13134 | &nbsp;&nbsp;&nbsp;&nbsp; 211758 |
| BWP Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45954 | &nbsp;&nbsp;&nbsp;&nbsp; 127831 |
| carsales.com, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39900 | &nbsp;&nbsp;&nbsp;&nbsp; 645991 |
| Centuria Industrial REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91244 | &nbsp;&nbsp;&nbsp;&nbsp; 216950 |
| Centuria Office REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67500 | &nbsp;&nbsp;&nbsp;&nbsp; 76633 |
| Charter Hall Long Wale REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52200 | &nbsp;&nbsp;&nbsp;&nbsp; 168931 |
| Charter Hall Retail REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75300 | &nbsp;&nbsp;&nbsp;&nbsp; 213837 |
| Cleanaway Waste Management, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;123300 | &nbsp;&nbsp;&nbsp;&nbsp; 238913 |
| Coles Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;110100 | &nbsp;&nbsp;&nbsp;&nbsp; 1384796 |
| Collins Foods, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20500 | &nbsp;&nbsp;&nbsp;&nbsp; 116969 |
| Commonwealth Bank of Australia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18223 | &nbsp;&nbsp;&nbsp;&nbsp; 1422525 |
| Cooper Energy, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;664724 | &nbsp;&nbsp;&nbsp;&nbsp; 84590 |
| Cromwell Property Group<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;165783 | &nbsp;&nbsp;&nbsp;&nbsp; 85181 |
| CSL, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18810 | &nbsp;&nbsp;&nbsp;&nbsp; 3971739 |
| CSR, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49000 | &nbsp;&nbsp;&nbsp;&nbsp; 183382 |
| Dexus | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66800 | &nbsp;&nbsp;&nbsp;&nbsp; 387310 |
| Domino's Pizza Enterprises, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4231 | &nbsp;&nbsp;&nbsp;&nbsp; 228085 |
| Evolution Mining, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80276 | &nbsp;&nbsp;&nbsp;&nbsp; 182420 |
| Fortescue Metals Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21869 | &nbsp;&nbsp;&nbsp;&nbsp; 345433 |
| Goodman Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82383 | &nbsp;&nbsp;&nbsp;&nbsp; 1175076 |
| GPT Group (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93066 | &nbsp;&nbsp;&nbsp;&nbsp; 301677 |
| GUD Holdings, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15500 | &nbsp;&nbsp;&nbsp;&nbsp; 92079 |
| GWA Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67200 | &nbsp;&nbsp;&nbsp;&nbsp; 103342 |
| Hansen Technologies, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66850 | &nbsp;&nbsp;&nbsp;&nbsp; 252590 |
| Harvey Norman Holdings, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71004 | &nbsp;&nbsp;&nbsp;&nbsp; 225419 |
| IDP Education, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11300 | &nbsp;&nbsp;&nbsp;&nbsp; 251464 |
| Infomedia, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61241 | &nbsp;&nbsp;&nbsp;&nbsp; 47936 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Australia (continued) | Australia (continued) | Australia (continued) |
| Ingenia Communities Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56700 | &nbsp;&nbsp;$186729 |
| InvoCare, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17400 | &nbsp;&nbsp;&nbsp;&nbsp; 142200 |
| IPH, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40216 | &nbsp;&nbsp;&nbsp;&nbsp; 243248 |
| IRESS, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53584 | &nbsp;&nbsp;&nbsp;&nbsp; 378138 |
| JB Hi-Fi, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7099 | &nbsp;&nbsp;&nbsp;&nbsp; 244081 |
| Johns Lyng Group, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18400 | &nbsp;&nbsp;&nbsp;&nbsp; 76689 |
| Karoon Energy, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;178776 | &nbsp;&nbsp;&nbsp;&nbsp; 295732 |
| Lendlease Corp., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44678 | &nbsp;&nbsp;&nbsp;&nbsp; 272817 |
| Lifestyle Communities, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8330 | &nbsp;&nbsp;&nbsp;&nbsp; 116131 |
| Link Administration Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96491 | &nbsp;&nbsp;&nbsp;&nbsp; 131513 |
| Lottery Corp. Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;131400 | &nbsp;&nbsp;&nbsp;&nbsp; 438239 |
| Medibank Private, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;101100 | &nbsp;&nbsp;&nbsp;&nbsp; 210620 |
| Metcash, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;235800 | &nbsp;&nbsp;&nbsp;&nbsp; 698774 |
| Mirvac Group | &nbsp;&nbsp;&nbsp;&nbsp;178300 | &nbsp;&nbsp;&nbsp;&nbsp; 288063 |
| Monadelphous Group, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19351 | &nbsp;&nbsp;&nbsp;&nbsp; 190727 |
| National Storage REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49500 | &nbsp;&nbsp;&nbsp;&nbsp; 81464 |
| Newcrest Mining, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23300 | &nbsp;&nbsp;&nbsp;&nbsp; 370216 |
| NEXTDC, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46000 | &nbsp;&nbsp;&nbsp;&nbsp; 325086 |
| Nine Entertainment Co. Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;187800 | &nbsp;&nbsp;&nbsp;&nbsp; 271715 |
| Northern Star Resources, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16596 | &nbsp;&nbsp;&nbsp;&nbsp; 147879 |
| Orica, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16599 | &nbsp;&nbsp;&nbsp;&nbsp; 174183 |
| Orora, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65655 | &nbsp;&nbsp;&nbsp;&nbsp; 138921 |
| PEXA Group, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12831 | &nbsp;&nbsp;&nbsp;&nbsp; 118466 |
| Premier Investments, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11500 | &nbsp;&nbsp;&nbsp;&nbsp; 227404 |
| Qube Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;200231 | &nbsp;&nbsp;&nbsp;&nbsp; 435398 |
| REA Group, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8300 | &nbsp;&nbsp;&nbsp;&nbsp; 744275 |
| Reece, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19700 | &nbsp;&nbsp;&nbsp;&nbsp; 226430 |
| Region RE, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;118852 | &nbsp;&nbsp;&nbsp;&nbsp; 228064 |
| Rio Tinto, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6100 | &nbsp;&nbsp;&nbsp;&nbsp; 547397 |
| Smartgroup Corp, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19240 | &nbsp;&nbsp;&nbsp;&nbsp; 77094 |
| Sonic Healthcare, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp; 143344 |
| Suncorp Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46300 | &nbsp;&nbsp;&nbsp;&nbsp; 411577 |
| Tabcorp Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;131400 | &nbsp;&nbsp;&nbsp;&nbsp; 97735 |
| Technology One, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50588 | &nbsp;&nbsp;&nbsp;&nbsp; 523050 |
| Telstra Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;605373 | &nbsp;&nbsp;&nbsp;&nbsp; 1749638 |
| TPG Telecom, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;143163 | &nbsp;&nbsp;&nbsp;&nbsp; 489587 |
| Transurban Group | &nbsp;&nbsp;&nbsp;&nbsp;156841 | &nbsp;&nbsp;&nbsp;&nbsp; 1537691 |
| Viva Energy Group, Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;103423 | &nbsp;&nbsp;&nbsp;&nbsp; 213820 |
| Washington H. Soul Pattinson & Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21300 | &nbsp;&nbsp;&nbsp;&nbsp; 433815 |
| Waypoint REIT, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90348 | &nbsp;&nbsp;&nbsp;&nbsp; 178397 |
| Wesfarmers, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50585 | &nbsp;&nbsp;&nbsp;&nbsp; 1783460 |
| Westpac Banking Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43700 | &nbsp;&nbsp;&nbsp;&nbsp; 735290 |
| Whitehaven Coal, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51161 | &nbsp;&nbsp;&nbsp;&nbsp; 304210 |
| Woodside Energy Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84289 | &nbsp;&nbsp;&nbsp;&nbsp; 2182569 |
| Woolworths Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82196 | &nbsp;&nbsp;&nbsp;&nbsp; 2100720 |
|  |  | &nbsp;&nbsp;**$41913325** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Austria — 1.1% | Austria — 1.1% | Austria — 1.1% |
| ams-OSRAM AG<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36100 | &nbsp;&nbsp;$337248 |
| ANDRITZ AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8266 | &nbsp;&nbsp;&nbsp;&nbsp; 494319 |
| AT&S Austria Technologie & Systemtechnik AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp; 116660 |
| BAWAG Group AG<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2540 | &nbsp;&nbsp;&nbsp;&nbsp; 157340 |
| CA Immobilien Anlagen AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19001 | &nbsp;&nbsp;&nbsp;&nbsp; 592609 |
| Erste Group Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12487 | &nbsp;&nbsp;&nbsp;&nbsp; 473808 |
| Kontron AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;&nbsp; 191015 |
| Lenzing AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 35411 |
| Mayr-Melnhof Karton AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1059 | &nbsp;&nbsp;&nbsp;&nbsp; 177456 |
| Oesterreichische Post AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3944 | &nbsp;&nbsp;&nbsp;&nbsp; 140456 |
| OMV AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11017 | &nbsp;&nbsp;&nbsp;&nbsp; 551844 |
| PIERER Mobility AG<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp; 297331 |
| Porr AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3440 | &nbsp;&nbsp;&nbsp;&nbsp; 49531 |
| Rhi Magnesita NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4792 | &nbsp;&nbsp;&nbsp;&nbsp; 159384 |
| Schoeller-Bleckmann Oilfield Equipment AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 110030 |
| Telekom Austria AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47242 | &nbsp;&nbsp;&nbsp;&nbsp; 317546 |
| UNIQA Insurance Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10300 | &nbsp;&nbsp;&nbsp;&nbsp; 86617 |
| Verbund AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6987 | &nbsp;&nbsp;&nbsp;&nbsp; 594895 |
| voestalpine AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9846 | &nbsp;&nbsp;&nbsp;&nbsp; 327149 |
|  |  | &nbsp;&nbsp;**$5210649** |
| Belgium — 2.1% | Belgium — 2.1% | Belgium — 2.1% |
| Ackermans & van Haaren NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5210 | &nbsp;&nbsp;$901615 |
| Ageas S.A./NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp; 454044 |
| AGFA-Gevaert NV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34606 | &nbsp;&nbsp;&nbsp;&nbsp; 108472 |
| Anheuser-Busch InBev S.A./NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15644 | &nbsp;&nbsp;&nbsp;&nbsp; 944299 |
| Care Property Invest NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5528 | &nbsp;&nbsp;&nbsp;&nbsp; 86674 |
| Cofinimmo S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1791 | &nbsp;&nbsp;&nbsp;&nbsp; 162908 |
| Deceuninck NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37650 | &nbsp;&nbsp;&nbsp;&nbsp; 101664 |
| D'Ieteren Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4359 | &nbsp;&nbsp;&nbsp;&nbsp; 833072 |
| Econocom Group S.A./NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65622 | &nbsp;&nbsp;&nbsp;&nbsp; 203838 |
| Elia Group S.A./NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7250 | &nbsp;&nbsp;&nbsp;&nbsp; 1018033 |
| Etablissements Franz Colruyt NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550 | &nbsp;&nbsp;&nbsp;&nbsp; 40988 |
| Euronav NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35460 | &nbsp;&nbsp;&nbsp;&nbsp; 558387 |
| EVS Broadcast Equipment S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8119 | &nbsp;&nbsp;&nbsp;&nbsp; 196786 |
| Fagron | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11540 | &nbsp;&nbsp;&nbsp;&nbsp; 170627 |
| Gimv NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1766 | &nbsp;&nbsp;&nbsp;&nbsp; 83118 |
| Groupe Bruxelles Lambert NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3834 | &nbsp;&nbsp;&nbsp;&nbsp; 327980 |
| Intervest Offices & Warehouses NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3632 | &nbsp;&nbsp;&nbsp;&nbsp; 79333 |
| Melexis NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5898 | &nbsp;&nbsp;&nbsp;&nbsp; 628281 |
| Montea NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1519 | &nbsp;&nbsp;&nbsp;&nbsp; 121907 |
| Proximus SADP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65274 | &nbsp;&nbsp;&nbsp;&nbsp; 668870 |
| Shurgard Self Storage S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3517 | &nbsp;&nbsp;&nbsp;&nbsp; 169710 |
| Sofina S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1080 | &nbsp;&nbsp;&nbsp;&nbsp; 256578 |
| Solvay S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 524392 |
| UCB S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7912 | &nbsp;&nbsp;&nbsp;&nbsp; 649612 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Belgium (continued) | Belgium (continued) | Belgium (continued) |
| Umicore S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15100 | &nbsp;&nbsp;$570848 |
| VGP NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731 | &nbsp;&nbsp;&nbsp;&nbsp; 73042 |
| Xior Student Housing NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2621 | &nbsp;&nbsp;&nbsp;&nbsp; 88058 |
|  |  | &nbsp;&nbsp;**$10023136** |
| Denmark — 4.4% | Denmark — 4.4% | Denmark — 4.4% |
| Alm Brand A/S | &nbsp;&nbsp;&nbsp;&nbsp;123800 | &nbsp;&nbsp;$229749 |
| AP Moller - Maersk A/S, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 426190 |
| AP Moller - Maersk A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;&nbsp;&nbsp; 783105 |
| Bakkafrost P/F | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10422 | &nbsp;&nbsp;&nbsp;&nbsp; 646700 |
| Carlsberg A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13939 | &nbsp;&nbsp;&nbsp;&nbsp; 1978803 |
| Chr. Hansen Holding A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16689 | &nbsp;&nbsp;&nbsp;&nbsp; 1232231 |
| Coloplast A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp; 579525 |
| DFDS A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7534 | &nbsp;&nbsp;&nbsp;&nbsp; 283997 |
| DSV A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 1488870 |
| Jyske Bank A/S<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5280 | &nbsp;&nbsp;&nbsp;&nbsp; 380811 |
| Matas A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10900 | &nbsp;&nbsp;&nbsp;&nbsp; 118617 |
| Netcompany Group A/S<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp; 286538 |
| Noble Corp. PLC<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3438 | &nbsp;&nbsp;&nbsp;&nbsp; 139324 |
| Novo Nordisk A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23628 | &nbsp;&nbsp;&nbsp;&nbsp; 3269873 |
| Novozymes A/S, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30900 | &nbsp;&nbsp;&nbsp;&nbsp; 1607929 |
| Orsted A/S<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30773 | &nbsp;&nbsp;&nbsp;&nbsp; 2740397 |
| Pandora A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15110 | &nbsp;&nbsp;&nbsp;&nbsp; 1258224 |
| Ringkjoebing Landbobank A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3660 | &nbsp;&nbsp;&nbsp;&nbsp; 532613 |
| Scandinavian Tobacco Group A/S<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17900 | &nbsp;&nbsp;&nbsp;&nbsp; 311106 |
| SimCorp A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6765 | &nbsp;&nbsp;&nbsp;&nbsp; 473752 |
| Spar Nord Bank A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18500 | &nbsp;&nbsp;&nbsp;&nbsp; 294684 |
| Sydbank A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10400 | &nbsp;&nbsp;&nbsp;&nbsp; 474222 |
| Topdanmark A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7227 | &nbsp;&nbsp;&nbsp;&nbsp; 390097 |
| Tryg A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30420 | &nbsp;&nbsp;&nbsp;&nbsp; 698081 |
|  |  | &nbsp;&nbsp;**$20625438** |
| Finland — 2.2% | Finland — 2.2% | Finland — 2.2% |
| Elisa Oyj | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19097 | &nbsp;&nbsp;$1088016 |
| Fortum Oyj | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49106 | &nbsp;&nbsp;&nbsp;&nbsp; 738173 |
| Kemira Oyj | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12500 | &nbsp;&nbsp;&nbsp;&nbsp; 202804 |
| Kesko Oyj, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42956 | &nbsp;&nbsp;&nbsp;&nbsp; 1000595 |
| Kojamo Oyj | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33700 | &nbsp;&nbsp;&nbsp;&nbsp; 517451 |
| Kone Oyj, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14714 | &nbsp;&nbsp;&nbsp;&nbsp; 802444 |
| Metsa Board Oyj | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21700 | &nbsp;&nbsp;&nbsp;&nbsp; 193706 |
| Neste Oyj | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20735 | &nbsp;&nbsp;&nbsp;&nbsp; 991180 |
| Nokia Oyj | &nbsp;&nbsp;&nbsp;&nbsp;180027 | &nbsp;&nbsp;&nbsp;&nbsp; 853601 |
| Nokian Renkaat Oyj | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13200 | &nbsp;&nbsp;&nbsp;&nbsp; 158117 |
| Nordea Bank Abp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90529 | &nbsp;&nbsp;&nbsp;&nbsp; 1058319 |
| Orion Oyj, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16913 | &nbsp;&nbsp;&nbsp;&nbsp; 906108 |
| TietoEVRY Oyj | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4494 | &nbsp;&nbsp;&nbsp;&nbsp; 136860 |

---

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Finland (continued) | Finland (continued) | Finland (continued) |
| Tokmanni Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46810 | &nbsp;&nbsp;$603550 |
| UPM-Kymmene Oyj | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14960 | &nbsp;&nbsp;&nbsp;&nbsp; 542243 |
| Valmet Oyj<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8331 | &nbsp;&nbsp;&nbsp;&nbsp; 261617 |
| YIT Oyj<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23700 | &nbsp;&nbsp;&nbsp;&nbsp; 69354 |
|  |  | &nbsp;&nbsp;**$10124138** |
| France — 8.7% | France — 8.7% | France — 8.7% |
| Air Liquide S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25663 | &nbsp;&nbsp;$4086221 |
| Alstom S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7150 | &nbsp;&nbsp;&nbsp;&nbsp; 212606 |
| Altarea SCA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 231700 |
| Amundi S.A.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8135 | &nbsp;&nbsp;&nbsp;&nbsp; 532598 |
| Atos SE<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8580 | &nbsp;&nbsp;&nbsp;&nbsp; 113183 |
| AXA S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46000 | &nbsp;&nbsp;&nbsp;&nbsp; 1435155 |
| BioMerieux | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp; 244670 |
| Bollore SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70500 | &nbsp;&nbsp;&nbsp;&nbsp; 394474 |
| Bouygues S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp; 240491 |
| Bureau Veritas S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12318 | &nbsp;&nbsp;&nbsp;&nbsp; 352190 |
| Carmila S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12300 | &nbsp;&nbsp;&nbsp;&nbsp; 185657 |
| Carrefour S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18800 | &nbsp;&nbsp;&nbsp;&nbsp; 357594 |
| Casino Guichard Perrachon S.A.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25468 | &nbsp;&nbsp;&nbsp;&nbsp; 312976 |
| Cie Generale des Etablissements Michelin SCA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15760 | &nbsp;&nbsp;&nbsp;&nbsp; 498328 |
| Credit Agricole S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31407 | &nbsp;&nbsp;&nbsp;&nbsp; 378179 |
| Danone S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35118 | &nbsp;&nbsp;&nbsp;&nbsp; 1925845 |
| Dassault Aviation S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 85382 |
| Dassault Systemes SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48930 | &nbsp;&nbsp;&nbsp;&nbsp; 1819750 |
| Edenred | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16250 | &nbsp;&nbsp;&nbsp;&nbsp; 885129 |
| Eiffage S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1470 | &nbsp;&nbsp;&nbsp;&nbsp; 157012 |
| Engie S.A. | &nbsp;&nbsp;&nbsp;&nbsp;166000 | &nbsp;&nbsp;&nbsp;&nbsp; 2357177 |
| Esker S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 166968 |
| EssilorLuxottica S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5934 | &nbsp;&nbsp;&nbsp;&nbsp; 1088766 |
| Eurazeo SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp; 526104 |
| Eutelsat Communications S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30600 | &nbsp;&nbsp;&nbsp;&nbsp; 234010 |
| Gaztransport & Technigaz S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301 | &nbsp;&nbsp;&nbsp;&nbsp; 143834 |
| Gecina S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5134 | &nbsp;&nbsp;&nbsp;&nbsp; 608121 |
| Getlink SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15500 | &nbsp;&nbsp;&nbsp;&nbsp; 262163 |
| Hermes International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp; 879609 |
| ICADE <sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6600 | &nbsp;&nbsp;&nbsp;&nbsp; 313501 |
| IPSOS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 207384 |
| JCDecaux SE<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6200 | &nbsp;&nbsp;&nbsp;&nbsp; 140299 |
| Klepierre S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22539 | &nbsp;&nbsp;&nbsp;&nbsp; 572048 |
| La Francaise des Jeux SAEM<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 158316 |
| Legrand S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2962 | &nbsp;&nbsp;&nbsp;&nbsp; 264104 |
| LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3070 | &nbsp;&nbsp;&nbsp;&nbsp; 2680035 |
| Mercialys S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp; 72188 |
| Metropole Television S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17662 | &nbsp;&nbsp;&nbsp;&nbsp; 281302 |
| Neoen S.A.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14031 | &nbsp;&nbsp;&nbsp;&nbsp; 526856 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| France (continued) | France (continued) | France (continued) |
| Nexity S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;$262818 |
| Orange S.A. | &nbsp;&nbsp;&nbsp;&nbsp;138000 | &nbsp;&nbsp;&nbsp;&nbsp; 1460420 |
| Pernod Ricard S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 1138665 |
| Quadient S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp; 193992 |
| Remy Cointreau S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 150631 |
| Rothschild & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5492 | &nbsp;&nbsp;&nbsp;&nbsp; 231971 |
| Rubis SCA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18900 | &nbsp;&nbsp;&nbsp;&nbsp; 528922 |
| Sanofi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24504 | &nbsp;&nbsp;&nbsp;&nbsp; 2399540 |
| Schneider Electric SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp; 1038180 |
| SCOR SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20167 | &nbsp;&nbsp;&nbsp;&nbsp; 497766 |
| SEB S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1980 | &nbsp;&nbsp;&nbsp;&nbsp; 207060 |
| SOITEC <sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 212333 |
| Solutions 30 SE<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp; 54880 |
| Sopra Steria Group SACA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp; 316014 |
| Teleperformance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1408 | &nbsp;&nbsp;&nbsp;&nbsp; 391405 |
| Thales S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 396778 |
| TotalEnergies SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55615 | &nbsp;&nbsp;&nbsp;&nbsp; 3438161 |
| Ubisoft Entertainment S.A.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7800 | &nbsp;&nbsp;&nbsp;&nbsp; 161511 |
| Vinci S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6130 | &nbsp;&nbsp;&nbsp;&nbsp; 692626 |
| Vivendi SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65095 | &nbsp;&nbsp;&nbsp;&nbsp; 699105 |
| Voltalia S.A.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12800 | &nbsp;&nbsp;&nbsp;&nbsp; 242268 |
| Wendel SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp; 487085 |
|  |  | &nbsp;&nbsp;**$41134056** |
| Germany — 8.8% | Germany — 8.8% | Germany — 8.8% |
| adidas AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;$756776 |
| AIXTRON SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp; 131100 |
| Allianz SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7080 | &nbsp;&nbsp;&nbsp;&nbsp; 1692926 |
| Aurubis AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 211514 |
| Auto1 Group SE<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;&nbsp; 79394 |
| BASF SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32981 | &nbsp;&nbsp;&nbsp;&nbsp; 1890980 |
| Bayer AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24500 | &nbsp;&nbsp;&nbsp;&nbsp; 1525001 |
| Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7760 | &nbsp;&nbsp;&nbsp;&nbsp; 790470 |
| Bayerische Motoren Werke AG, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3109 | &nbsp;&nbsp;&nbsp;&nbsp; 294543 |
| Bechtle AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 252845 |
| Befesa S.A.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1424 | &nbsp;&nbsp;&nbsp;&nbsp; 81682 |
| Beiersdorf AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14396 | &nbsp;&nbsp;&nbsp;&nbsp; 1750231 |
| Brenntag SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp; 320986 |
| Cancom SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 86187 |
| CompuGroup Medical SE & Co. KGaA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3284 | &nbsp;&nbsp;&nbsp;&nbsp; 153912 |
| Covestro AG<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10700 | &nbsp;&nbsp;&nbsp;&nbsp; 492676 |
| Cropenergies AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;&nbsp; 67708 |
| Daimler Truck Holding AG<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp; 322595 |
| Delivery Hero SE<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4067 | &nbsp;&nbsp;&nbsp;&nbsp; 245878 |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38800 | &nbsp;&nbsp;&nbsp;&nbsp; 517814 |
| Deutsche Boerse AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3740 | &nbsp;&nbsp;&nbsp;&nbsp; 669244 |

---

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Germany (continued) | Germany (continued) | Germany (continued) |
| Deutsche Post AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17200 | &nbsp;&nbsp;$740575 |
| Deutsche Telekom AG | &nbsp;&nbsp;&nbsp;&nbsp;155495 | &nbsp;&nbsp;&nbsp;&nbsp; 3464242 |
| Deutsche Wohnen SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32030 | &nbsp;&nbsp;&nbsp;&nbsp; 756528 |
| E.ON SE | &nbsp;&nbsp;&nbsp;&nbsp;372100 | &nbsp;&nbsp;&nbsp;&nbsp; 4056973 |
| Evonik Industries AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13300 | &nbsp;&nbsp;&nbsp;&nbsp; 295640 |
| Evotec SE<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10547 | &nbsp;&nbsp;&nbsp;&nbsp; 207386 |
| Fielmann AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2817 | &nbsp;&nbsp;&nbsp;&nbsp; 106173 |
| Freenet AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5700 | &nbsp;&nbsp;&nbsp;&nbsp; 138563 |
| Fresenius Medical Care AG & Co. KGaA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7965 | &nbsp;&nbsp;&nbsp;&nbsp; 299123 |
| FUCHS PETROLUB SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3686 | &nbsp;&nbsp;&nbsp;&nbsp; 121990 |
| FUCHS PETROLUB SE, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6200 | &nbsp;&nbsp;&nbsp;&nbsp; 247345 |
| Gea Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp; 243648 |
| Gerresheimer AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp; 96140 |
| Hamborner REIT AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30510 | &nbsp;&nbsp;&nbsp;&nbsp; 238799 |
| Hannover Rueck SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp; 223375 |
| HelloFresh SE<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22200 | &nbsp;&nbsp;&nbsp;&nbsp; 539710 |
| Henkel AG & Co. KGaA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20150 | &nbsp;&nbsp;&nbsp;&nbsp; 1436701 |
| Hugo Boss AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3420 | &nbsp;&nbsp;&nbsp;&nbsp; 232253 |
| Jenoptik AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp; 226870 |
| K+S AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10800 | &nbsp;&nbsp;&nbsp;&nbsp; 258514 |
| Knorr-Bremse AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3291 | &nbsp;&nbsp;&nbsp;&nbsp; 216311 |
| Merck KGaA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3620 | &nbsp;&nbsp;&nbsp;&nbsp; 755596 |
| Muenchener Rueckversicherungs-Gesellschaft AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2969 | &nbsp;&nbsp;&nbsp;&nbsp; 1072425 |
| Nemetschek SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3482 | &nbsp;&nbsp;&nbsp;&nbsp; 186163 |
| Puma SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4602 | &nbsp;&nbsp;&nbsp;&nbsp; 314263 |
| QIAGEN NV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8108 | &nbsp;&nbsp;&nbsp;&nbsp; 395533 |
| Rational AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 157868 |
| Rheinmetall AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp; 221975 |
| SAP SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24652 | &nbsp;&nbsp;&nbsp;&nbsp; 2922247 |
| Sartorius AG, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669 | &nbsp;&nbsp;&nbsp;&nbsp; 299988 |
| Siemens AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11040 | &nbsp;&nbsp;&nbsp;&nbsp; 1724506 |
| Siemens Healthineers AG<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8008 | &nbsp;&nbsp;&nbsp;&nbsp; 429458 |
| Suedzucker AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19600 | &nbsp;&nbsp;&nbsp;&nbsp; 317974 |
| Symrise AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;&nbsp; 563441 |
| TeamViewer AG<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21345 | &nbsp;&nbsp;&nbsp;&nbsp; 300685 |
| Telefonica Deutschland Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;143547 | &nbsp;&nbsp;&nbsp;&nbsp; 422799 |
| Uniper SE<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61000 | &nbsp;&nbsp;&nbsp;&nbsp; 190110 |
| United Internet AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp; 174123 |
| Varta AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp; 94375 |
| VERBIO Vereinigte BioEnergie AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp; 163904 |
| Volkswagen AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 297568 |
| Volkswagen AG, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp; 665715 |
| Vonovia SE | &nbsp;&nbsp;&nbsp;&nbsp;105550 | &nbsp;&nbsp;&nbsp;&nbsp; 2981566 |
| Zalando SE<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp; 401061 |
|  |  | &nbsp;&nbsp;**$41534664** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Hong Kong — 4.2% | Hong Kong — 4.2% | Hong Kong — 4.2% |
| AIA Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;191000 | &nbsp;&nbsp;$2159760 |
| ASMPT, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43700 | &nbsp;&nbsp;&nbsp;&nbsp; 360946 |
| Bank of East Asia, Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp;206400 | &nbsp;&nbsp;&nbsp;&nbsp; 265144 |
| Beijing Tong Ren Tang Chinese Medicine Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp; 71607 |
| BOC Hong Kong Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp; 332014 |
| Budweiser Brewing Co. APAC, Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;446100 | &nbsp;&nbsp;&nbsp;&nbsp; 1407587 |
| Cafe de Coral Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000 | &nbsp;&nbsp;&nbsp;&nbsp; 147054 |
| Cathay Pacific Airways, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;&nbsp;&nbsp; 174407 |
| China Evergrande New Energy Vehicle Group, Ltd.<sup>(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;834500 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| China Ruyi Holdings, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;708000 | &nbsp;&nbsp;&nbsp;&nbsp; 189307 |
| China Tobacco International HK Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93000 | &nbsp;&nbsp;&nbsp;&nbsp; 143627 |
| China Traditional Chinese Medicine Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;306000 | &nbsp;&nbsp;&nbsp;&nbsp; 146608 |
| Chow Sang Sang Holdings International, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;101000 | &nbsp;&nbsp;&nbsp;&nbsp; 153917 |
| Chow Tai Fook Jewellery Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;159600 | &nbsp;&nbsp;&nbsp;&nbsp; 341650 |
| CK Asset Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69000 | &nbsp;&nbsp;&nbsp;&nbsp; 441152 |
| CK Hutchison Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;130500 | &nbsp;&nbsp;&nbsp;&nbsp; 830496 |
| CLP Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;130000 | &nbsp;&nbsp;&nbsp;&nbsp; 965891 |
| Fortune REIT | &nbsp;&nbsp;&nbsp;&nbsp;129000 | &nbsp;&nbsp;&nbsp;&nbsp; 111641 |
| Fosun International, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;259500 | &nbsp;&nbsp;&nbsp;&nbsp; 240932 |
| Galaxy Entertainment Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;140000 | &nbsp;&nbsp;&nbsp;&nbsp; 974582 |
| Global Cord Blood Corp.<sup>(1)(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29600 | &nbsp;&nbsp;&nbsp;&nbsp; 44216 |
| Green Future Food Hydrocolloid Marine Science Co., Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;232000 | &nbsp;&nbsp;&nbsp;&nbsp; 127735 |
| Hang Seng Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29100 | &nbsp;&nbsp;&nbsp;&nbsp; 484608 |
| Henderson Land Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71867 | &nbsp;&nbsp;&nbsp;&nbsp; 265476 |
| HK Electric Investments & HK Electric Investments, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;507500 | &nbsp;&nbsp;&nbsp;&nbsp; 350801 |
| HKT Trust and HKT, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;590000 | &nbsp;&nbsp;&nbsp;&nbsp; 773004 |
| Hong Kong & China Gas Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;992502 | &nbsp;&nbsp;&nbsp;&nbsp; 996492 |
| Hysan Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29000 | &nbsp;&nbsp;&nbsp;&nbsp; 97569 |
| Jardine Matheson Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14400 | &nbsp;&nbsp;&nbsp;&nbsp; 765440 |
| Kerry Logistics Network, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66500 | &nbsp;&nbsp;&nbsp;&nbsp; 129859 |
| Kerry Properties, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56500 | &nbsp;&nbsp;&nbsp;&nbsp; 143250 |
| Link REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79400 | &nbsp;&nbsp;&nbsp;&nbsp; 635546 |
| LK Technology Holdings, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp; 110811 |
| Luk Fook Holdings International, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;&nbsp; 90167 |
| MGM China Holdings, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;166400 | &nbsp;&nbsp;&nbsp;&nbsp; 210228 |
| MTR Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69000 | &nbsp;&nbsp;&nbsp;&nbsp; 369254 |
| New World Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77000 | &nbsp;&nbsp;&nbsp;&nbsp; 230145 |
| NWS Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp; 197907 |
| Pacific Basin Shipping, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;802000 | &nbsp;&nbsp;&nbsp;&nbsp; 283017 |
| Pacific Textiles Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;244000 | &nbsp;&nbsp;&nbsp;&nbsp; 87841 |
| PCCW, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;858000 | &nbsp;&nbsp;&nbsp;&nbsp; 421590 |
| Power Assets Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;131500 | &nbsp;&nbsp;&nbsp;&nbsp; 744049 |
| Sands China, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;166000 | &nbsp;&nbsp;&nbsp;&nbsp; 622514 |
| Shangri-La Asia, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 174622 |
| Sino Land Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp; 272890 |

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Hong Kong (continued) | Hong Kong (continued) | Hong Kong (continued) |
| SJM Holdings, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;358000 | &nbsp;&nbsp;$203023 |
| Sun Hung Kai Properties, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46000 | &nbsp;&nbsp;&nbsp;&nbsp; 652355 |
| Superb Summit International Group, Ltd.<sup>(1)(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Swire Properties, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87600 | &nbsp;&nbsp;&nbsp;&nbsp; 246205 |
| VSTECS Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp; 375409 |
| VTech Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55200 | &nbsp;&nbsp;&nbsp;&nbsp; 364916 |
| Yuexiu REIT<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;255000 | &nbsp;&nbsp;&nbsp;&nbsp; 83300 |
|  |  | &nbsp;&nbsp;**$20012561** |
| Ireland — 2.2% | Ireland — 2.2% | Ireland — 2.2% |
| Bank of Ireland Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;164765 | &nbsp;&nbsp;$1760323 |
| CRH PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36402 | &nbsp;&nbsp;&nbsp;&nbsp; 1700794 |
| DCC PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;&nbsp;&nbsp; 495534 |
| Fineos Corp. Holdings PLC CDI<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41347 | &nbsp;&nbsp;&nbsp;&nbsp; 56327 |
| Flutter Entertainment PLC<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10303 | &nbsp;&nbsp;&nbsp;&nbsp; 1600396 |
| Glenveagh Properties PLC<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77242 | &nbsp;&nbsp;&nbsp;&nbsp; 79138 |
| ICON PLC<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6900 | &nbsp;&nbsp;&nbsp;&nbsp; 1591899 |
| Irish Continental Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69445 | &nbsp;&nbsp;&nbsp;&nbsp; 325858 |
| Irish Residential Properties REIT PLC | &nbsp;&nbsp;&nbsp;&nbsp;146474 | &nbsp;&nbsp;&nbsp;&nbsp; 182233 |
| Kerry Group PLC, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17218 | &nbsp;&nbsp;&nbsp;&nbsp; 1613328 |
| Kingspan Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13022 | &nbsp;&nbsp;&nbsp;&nbsp; 837523 |
| Uniphar PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37081 | &nbsp;&nbsp;&nbsp;&nbsp; 135717 |
|  |  | &nbsp;&nbsp;**$10379070** |
| Israel — 2.0% | Israel — 2.0% | Israel — 2.0% |
| Airport City, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10800 | &nbsp;&nbsp;$171069 |
| Amot Investments, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23381 | &nbsp;&nbsp;&nbsp;&nbsp; 137231 |
| AudioCodes, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 61344 |
| Azrieli Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3567 | &nbsp;&nbsp;&nbsp;&nbsp; 229760 |
| Bank Hapoalim B.M. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30857 | &nbsp;&nbsp;&nbsp;&nbsp; 277730 |
| Bank Leumi Le-Israel B.M. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30251 | &nbsp;&nbsp;&nbsp;&nbsp; 267340 |
| Bezeq The Israeli Telecommunication Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;557912 | &nbsp;&nbsp;&nbsp;&nbsp; 924579 |
| Check Point Software Technologies, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp; 241680 |
| Compugen, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65000 | &nbsp;&nbsp;&nbsp;&nbsp; 56472 |
| CyberArk Software, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 112704 |
| Danel Adir Yeoshua, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp; 84583 |
| Delta Galil, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2040 | &nbsp;&nbsp;&nbsp;&nbsp; 80416 |
| Elbit Systems, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1726 | &nbsp;&nbsp;&nbsp;&nbsp; 289768 |
| Electra, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp; 187056 |
| Energix-Renewable Energies, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82890 | &nbsp;&nbsp;&nbsp;&nbsp; 274412 |
| First International Bank of Israel, Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2095 | &nbsp;&nbsp;&nbsp;&nbsp; 84625 |
| Fiverr International, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp; 133524 |
| Fox Wizel, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 135666 |
| Hilan, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 58471 |
| ICL Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;104523 | &nbsp;&nbsp;&nbsp;&nbsp; 829874 |
| Inrom Construction Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40400 | &nbsp;&nbsp;&nbsp;&nbsp; 158132 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Israel (continued) | Israel (continued) | Israel (continued) |
| Kenon Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8468 | &nbsp;&nbsp;$263894 |
| Maytronics, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41700 | &nbsp;&nbsp;&nbsp;&nbsp; 508310 |
| Mivne Real Estate KD, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32500 | &nbsp;&nbsp;&nbsp;&nbsp; 104280 |
| Mizrahi Tefahot Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5560 | &nbsp;&nbsp;&nbsp;&nbsp; 183650 |
| Nano-X Imaging, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp; 70994 |
| Nice, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1294 | &nbsp;&nbsp;&nbsp;&nbsp; 267610 |
| Oil Refineries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;912196 | &nbsp;&nbsp;&nbsp;&nbsp; 315491 |
| OPC Energy, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27100 | &nbsp;&nbsp;&nbsp;&nbsp; 281422 |
| Paz Oil Co., Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3454 | &nbsp;&nbsp;&nbsp;&nbsp; 430581 |
| Radware, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 36210 |
| Reit 1, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43316 | &nbsp;&nbsp;&nbsp;&nbsp; 214696 |
| Shapir Engineering and Industry, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp; 106205 |
| Shufersal, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60653 | &nbsp;&nbsp;&nbsp;&nbsp; 340341 |
| Strauss Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13500 | &nbsp;&nbsp;&nbsp;&nbsp; 345424 |
| Taro Pharmaceutical Industries, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp; 62622 |
| Teva Pharmaceutical Industries, Ltd. ADR<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76000 | &nbsp;&nbsp;&nbsp;&nbsp; 801040 |
| Tower Semiconductor, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp; 185087 |
| Turpaz Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14200 | &nbsp;&nbsp;&nbsp;&nbsp; 70884 |
| Victory Supermarket Chain, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10200 | &nbsp;&nbsp;&nbsp;&nbsp; 113670 |
|  |  | &nbsp;&nbsp;**$9498847** |
| Italy — 4.4% | Italy — 4.4% | Italy — 4.4% |
| Assicurazioni Generali SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32700 | &nbsp;&nbsp;$638347 |
| Banco BPM SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78600 | &nbsp;&nbsp;&nbsp;&nbsp; 353762 |
| Bio-On SpA<sup>(1)(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12900 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| BPER Banca SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32400 | &nbsp;&nbsp;&nbsp;&nbsp; 89006 |
| Brunello Cucinelli SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2764 | &nbsp;&nbsp;&nbsp;&nbsp; 230215 |
| Buzzi Unicem SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp; 166635 |
| Cementir Holding NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48418 | &nbsp;&nbsp;&nbsp;&nbsp; 381909 |
| Davide Campari-Milano NV | &nbsp;&nbsp;&nbsp;&nbsp;117234 | &nbsp;&nbsp;&nbsp;&nbsp; 1257578 |
| De'Longhi SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10450 | &nbsp;&nbsp;&nbsp;&nbsp; 241229 |
| DiaSorin SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7620 | &nbsp;&nbsp;&nbsp;&nbsp; 991970 |
| Digital Bros SpA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8900 | &nbsp;&nbsp;&nbsp;&nbsp; 210547 |
| Enav SpA<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46000 | &nbsp;&nbsp;&nbsp;&nbsp; 211781 |
| Enel SpA | &nbsp;&nbsp;&nbsp;&nbsp;241988 | &nbsp;&nbsp;&nbsp;&nbsp; 1424854 |
| Eni SpA | &nbsp;&nbsp;&nbsp;&nbsp;143031 | &nbsp;&nbsp;&nbsp;&nbsp; 2200994 |
| Ferrari NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4010 | &nbsp;&nbsp;&nbsp;&nbsp; 1002036 |
| Fila SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 42785 |
| Fincantieri SpA<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;128000 | &nbsp;&nbsp;&nbsp;&nbsp; 84372 |
| FinecoBank Banca Fineco SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14011 | &nbsp;&nbsp;&nbsp;&nbsp; 251523 |
| GVS SpA<sup>(1)(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23883 | &nbsp;&nbsp;&nbsp;&nbsp; 126186 |
| Hera SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46677 | &nbsp;&nbsp;&nbsp;&nbsp; 134085 |
| Infrastrutture Wireless Italiane SpA<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69878 | &nbsp;&nbsp;&nbsp;&nbsp; 765777 |
| Interpump Group SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11400 | &nbsp;&nbsp;&nbsp;&nbsp; 594509 |
| Intesa Sanpaolo SpA | &nbsp;&nbsp;&nbsp;&nbsp;324473 | &nbsp;&nbsp;&nbsp;&nbsp; 853127 |
| Iren SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42400 | &nbsp;&nbsp;&nbsp;&nbsp; 76790 |

---

*11*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Italy (continued) | Italy (continued) | Italy (continued) |
| Italgas SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24300 | &nbsp;&nbsp;$142245 |
| Juventus Football Club SpA<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;771785 | &nbsp;&nbsp;&nbsp;&nbsp; 249418 |
| MFE-MediaForEurope NV, Class B<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;257715 | &nbsp;&nbsp;&nbsp;&nbsp; 174498 |
| Moncler SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7800 | &nbsp;&nbsp;&nbsp;&nbsp; 488184 |
| Nexi SpA<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11200 | &nbsp;&nbsp;&nbsp;&nbsp; 98642 |
| Poste Italiane SpA<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16700 | &nbsp;&nbsp;&nbsp;&nbsp; 178423 |
| Prada SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44500 | &nbsp;&nbsp;&nbsp;&nbsp; 284558 |
| Prysmian SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19300 | &nbsp;&nbsp;&nbsp;&nbsp; 788167 |
| RAI Way SpA<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46700 | &nbsp;&nbsp;&nbsp;&nbsp; 266718 |
| Recordati Industria Chimica e Farmaceutica SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25147 | &nbsp;&nbsp;&nbsp;&nbsp; 1101652 |
| Reply SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2780 | &nbsp;&nbsp;&nbsp;&nbsp; 360864 |
| Salvatore Ferragamo SpA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11072 | &nbsp;&nbsp;&nbsp;&nbsp; 219729 |
| Saras SpA<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;195900 | &nbsp;&nbsp;&nbsp;&nbsp; 339639 |
| Snam SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48800 | &nbsp;&nbsp;&nbsp;&nbsp; 248564 |
| STMicroelectronics NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48800 | &nbsp;&nbsp;&nbsp;&nbsp; 2297196 |
| Technogym SpA<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16800 | &nbsp;&nbsp;&nbsp;&nbsp; 149015 |
| Terna - Rete Elettrica Nazionale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52300 | &nbsp;&nbsp;&nbsp;&nbsp; 413790 |
| Tinexta SpA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5327 | &nbsp;&nbsp;&nbsp;&nbsp; 144897 |
| Unipol Gruppo SpA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33400 | &nbsp;&nbsp;&nbsp;&nbsp; 174928 |
| UnipolSai Assicurazioni SpA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64182 | &nbsp;&nbsp;&nbsp;&nbsp; 170725 |
| Webuild SpA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;166800 | &nbsp;&nbsp;&nbsp;&nbsp; 294117 |
|  |  | &nbsp;&nbsp;**$20915986** |
| Japan — 13.3% | Japan — 13.3% | Japan — 13.3% |
| Advance Residence Investment Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88 | &nbsp;&nbsp;$214963 |
| Aeon Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19900 | &nbsp;&nbsp;&nbsp;&nbsp; 407983 |
| AGC, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp; 176860 |
| Air Water, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12300 | &nbsp;&nbsp;&nbsp;&nbsp; 150491 |
| Ajinomoto Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13400 | &nbsp;&nbsp;&nbsp;&nbsp; 441779 |
| Alfresa Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13900 | &nbsp;&nbsp;&nbsp;&nbsp; 173986 |
| Asahi Intecc Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8800 | &nbsp;&nbsp;&nbsp;&nbsp; 154389 |
| Astellas Pharma, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45900 | &nbsp;&nbsp;&nbsp;&nbsp; 675654 |
| Azbil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp; 109974 |
| Bandai Namco Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;&nbsp; 280870 |
| Bank of Kyoto, Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 209377 |
| Bridgestone Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp; 321065 |
| Brother Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp; 116492 |
| Calbee, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7600 | &nbsp;&nbsp;&nbsp;&nbsp; 171640 |
| Canon, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14100 | &nbsp;&nbsp;&nbsp;&nbsp; 312912 |
| Capcom Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp; 116654 |
| Casio Computer Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15400 | &nbsp;&nbsp;&nbsp;&nbsp; 159193 |
| Central Japan Railway Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 207357 |
| Chiba Bank, Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14600 | &nbsp;&nbsp;&nbsp;&nbsp; 110469 |
| Chubu Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62200 | &nbsp;&nbsp;&nbsp;&nbsp; 669961 |
| Chugai Pharmaceutical Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17600 | &nbsp;&nbsp;&nbsp;&nbsp; 456281 |
| Chugoku Electric Power Co., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36100 | &nbsp;&nbsp;&nbsp;&nbsp; 198459 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Japan (continued) | Japan (continued) | Japan (continued) |
| Concordia Financial Group, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70500 | &nbsp;&nbsp;$309802 |
| Cosmos Pharmaceutical Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 58624 |
| CyberAgent, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26800 | &nbsp;&nbsp;&nbsp;&nbsp; 250632 |
| Dai Nippon Printing Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5700 | &nbsp;&nbsp;&nbsp;&nbsp; 134575 |
| Daicel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19800 | &nbsp;&nbsp;&nbsp;&nbsp; 146090 |
| Daido Steel Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp; 177708 |
| Daifuku Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp; 148672 |
| Daiichi Sankyo Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32500 | &nbsp;&nbsp;&nbsp;&nbsp; 1020725 |
| Daikin Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 399497 |
| Daito Trust Construction Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp; 355747 |
| Daiwa House Industry Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22600 | &nbsp;&nbsp;&nbsp;&nbsp; 542739 |
| Daiwa House REIT Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141 | &nbsp;&nbsp;&nbsp;&nbsp; 306778 |
| Daiwa Office Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp; 164815 |
| Daiwa Securities Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26700 | &nbsp;&nbsp;&nbsp;&nbsp; 126000 |
| DeNA Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17400 | &nbsp;&nbsp;&nbsp;&nbsp; 243979 |
| Denka Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp; 159734 |
| DIC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5600 | &nbsp;&nbsp;&nbsp;&nbsp; 104115 |
| Disco Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 240346 |
| East Japan Railway Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp; 245336 |
| ENEOS Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;262200 | &nbsp;&nbsp;&nbsp;&nbsp; 938727 |
| Ezaki Glico Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 167663 |
| Fast Retailing Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp; 546623 |
| Frontier Real Estate Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp;&nbsp;&nbsp; 73267 |
| FUJIFILM Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp; 243437 |
| Fujitsu, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp; 341710 |
| Fukuoka Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12200 | &nbsp;&nbsp;&nbsp;&nbsp; 281474 |
| GLP J-REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp; 305521 |
| GMO Payment Gateway, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp; 194317 |
| Hakuhodo DY Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21800 | &nbsp;&nbsp;&nbsp;&nbsp; 235600 |
| Hamamatsu Photonics K.K. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp; 192349 |
| Hankyu Hanshin Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp; 130779 |
| Hikari Tsushin, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 199834 |
| Hirose Electric Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1040 | &nbsp;&nbsp;&nbsp;&nbsp; 135392 |
| Hisamitsu Pharmaceutical Co., Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp; 146358 |
| House Foods Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp; 164283 |
| Hoya Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5700 | &nbsp;&nbsp;&nbsp;&nbsp; 626840 |
| Hulic Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29000 | &nbsp;&nbsp;&nbsp;&nbsp; 238374 |
| Ibiden Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp; 152213 |
| Idemitsu Kosan Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26400 | &nbsp;&nbsp;&nbsp;&nbsp; 660020 |
| Industrial & Infrastructure Fund Investment Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174 | &nbsp;&nbsp;&nbsp;&nbsp; 192834 |
| Ito En, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 114175 |
| ITOCHU Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10800 | &nbsp;&nbsp;&nbsp;&nbsp; 349076 |
| Iwatani Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8200 | &nbsp;&nbsp;&nbsp;&nbsp; 353430 |
| Japan Exchange Group, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19100 | &nbsp;&nbsp;&nbsp;&nbsp; 292317 |
| Japan Logistics Fund, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71 | &nbsp;&nbsp;&nbsp;&nbsp; 161897 |
| Japan Post Bank Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 88849 |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Japan (continued) | Japan (continued) | Japan (continued) |
| Japan Post Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25800 | &nbsp;&nbsp;$226510 |
| Japan Real Estate Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp; 192937 |
| Japan Tobacco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25500 | &nbsp;&nbsp;&nbsp;&nbsp; 519994 |
| JSR Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10200 | &nbsp;&nbsp;&nbsp;&nbsp; 229502 |
| Kajima Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10500 | &nbsp;&nbsp;&nbsp;&nbsp; 128953 |
| Kakaku.com, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp; 233409 |
| Kaneka Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp; 168028 |
| Kansai Paint Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14300 | &nbsp;&nbsp;&nbsp;&nbsp; 201389 |
| Kao Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9900 | &nbsp;&nbsp;&nbsp;&nbsp; 400176 |
| KDDI Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43400 | &nbsp;&nbsp;&nbsp;&nbsp; 1355965 |
| Keikyu Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13700 | &nbsp;&nbsp;&nbsp;&nbsp; 141968 |
| Keio Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 80750 |
| Keisei Electric Railway Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 67089 |
| Kenedix Office Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 213801 |
| Kewpie Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;&nbsp; 170623 |
| Keyence Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 1058848 |
| Kintetsu Group Holdings Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 71643 |
| Kirin Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17700 | &nbsp;&nbsp;&nbsp;&nbsp; 272752 |
| Kobayashi Pharmaceutical Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp; 236914 |
| Kobe Bussan Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 106825 |
| Kubota Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14300 | &nbsp;&nbsp;&nbsp;&nbsp; 214904 |
| Kuraray Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19500 | &nbsp;&nbsp;&nbsp;&nbsp; 161402 |
| Kyocera Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6300 | &nbsp;&nbsp;&nbsp;&nbsp; 326916 |
| Kyowa Kirin Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp;&nbsp;&nbsp; 211859 |
| Kyushu Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp; 316615 |
| LaSalle Logiport REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp; 199915 |
| Lasertec Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp; 208255 |
| Lawson, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp; 183937 |
| Lion Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;&nbsp; 191506 |
| Makita Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 106547 |
| Marubeni Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14600 | &nbsp;&nbsp;&nbsp;&nbsp; 179121 |
| Marui Group Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14700 | &nbsp;&nbsp;&nbsp;&nbsp; 250496 |
| Maruichi Steel Tube, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp; 200250 |
| MatsukiyoCocokara & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 159630 |
| Medipal Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12500 | &nbsp;&nbsp;&nbsp;&nbsp; 166887 |
| MEIJI Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;&nbsp; 273335 |
| MISUMI Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 80536 |
| Mitsubishi Chemical Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50700 | &nbsp;&nbsp;&nbsp;&nbsp; 284500 |
| Mitsubishi Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10700 | &nbsp;&nbsp;&nbsp;&nbsp; 358300 |
| Mitsubishi Electric Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15600 | &nbsp;&nbsp;&nbsp;&nbsp; 171924 |
| Mitsubishi Estate Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46600 | &nbsp;&nbsp;&nbsp;&nbsp; 598955 |
| Mitsubishi Gas Chemical Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14200 | &nbsp;&nbsp;&nbsp;&nbsp; 207498 |
| Mitsubishi Heavy Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp; 184287 |
| Mitsubishi Materials Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12200 | &nbsp;&nbsp;&nbsp;&nbsp; 209557 |
| Mitsubishi UFJ Financial Group, Inc.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;183600 | &nbsp;&nbsp;&nbsp;&nbsp; 1344848 |
| Mitsui & Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13100 | &nbsp;&nbsp;&nbsp;&nbsp; 386486 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Japan (continued) | Japan (continued) | Japan (continued) |
| Mitsui Chemicals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10600 | &nbsp;&nbsp;$249508 |
| Mitsui Fudosan Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33800 | &nbsp;&nbsp;&nbsp;&nbsp; 633535 |
| Mitsui Fudosan Logistics Park, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp; 146583 |
| Mizuho Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48380 | &nbsp;&nbsp;&nbsp;&nbsp; 755717 |
| MS&AD Insurance Group Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp; 298285 |
| Murata Manufacturing Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;&nbsp;&nbsp; 497122 |
| NEC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6600 | &nbsp;&nbsp;&nbsp;&nbsp; 238442 |
| Nexon Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20900 | &nbsp;&nbsp;&nbsp;&nbsp; 503952 |
| Nichirei Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp; 152756 |
| Nidec Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;&nbsp; 232759 |
| Nihon Kohden Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9200 | &nbsp;&nbsp;&nbsp;&nbsp; 241693 |
| Nihon M&A Center Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp; 87921 |
| Nintendo Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26600 | &nbsp;&nbsp;&nbsp;&nbsp; 1153317 |
| Nippon Accommodations Fund, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49 | &nbsp;&nbsp;&nbsp;&nbsp; 219933 |
| Nippon Building Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54 | &nbsp;&nbsp;&nbsp;&nbsp; 236000 |
| Nippon Express Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 145082 |
| Nippon Gas Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11100 | &nbsp;&nbsp;&nbsp;&nbsp; 177171 |
| Nippon Kayaku Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17700 | &nbsp;&nbsp;&nbsp;&nbsp; 164365 |
| Nippon Paint Holdings Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29500 | &nbsp;&nbsp;&nbsp;&nbsp; 269319 |
| Nippon Paper Industries Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 74451 |
| Nippon Prologis REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 306334 |
| Nippon Shinyaku Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp; 221304 |
| Nippon Shokubai Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 148173 |
| Nippon Telegraph & Telephone Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26100 | &nbsp;&nbsp;&nbsp;&nbsp; 782622 |
| Nissan Motor Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58500 | &nbsp;&nbsp;&nbsp;&nbsp; 210187 |
| Nissin Foods Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 171991 |
| Nitori Holdings Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 291183 |
| Nitto Denko Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp; 213303 |
| NOF Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp; 183168 |
| Nomura Research Institute, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp; 160851 |
| NTT Data Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10500 | &nbsp;&nbsp;&nbsp;&nbsp; 162869 |
| Obic Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 272555 |
| Odakyu Electric Railway Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5100 | &nbsp;&nbsp;&nbsp;&nbsp; 67052 |
| Oji Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48300 | &nbsp;&nbsp;&nbsp;&nbsp; 199612 |
| Omron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp; 271945 |
| Ono Pharmaceutical Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19100 | &nbsp;&nbsp;&nbsp;&nbsp; 414445 |
| Oracle Corp. Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp; 130163 |
| Oriental Land Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp; 433212 |
| Osaka Gas Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25700 | &nbsp;&nbsp;&nbsp;&nbsp; 414718 |
| Otsuka Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp; 144758 |
| Otsuka Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16800 | &nbsp;&nbsp;&nbsp;&nbsp; 538951 |
| Pan Pacific International Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14900 | &nbsp;&nbsp;&nbsp;&nbsp; 275548 |
| PeptiDream, Inc.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;&nbsp; 90558 |
| Pigeon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp; 127143 |
| Rakuten Group, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18600 | &nbsp;&nbsp;&nbsp;&nbsp; 94831 |
| Relo Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp; 66091 |

---

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Japan (continued) | Japan (continued) | Japan (continued) |
| Resona Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44400 | &nbsp;&nbsp;$245697 |
| Resonac Holdings Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12600 | &nbsp;&nbsp;&nbsp;&nbsp; 215341 |
| Ricoh Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25600 | &nbsp;&nbsp;&nbsp;&nbsp; 198723 |
| Rinnai Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 134181 |
| ROHM Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp; 128210 |
| Rohto Pharmaceutical Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5600 | &nbsp;&nbsp;&nbsp;&nbsp; 103328 |
| Ryohin Keikaku Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 99793 |
| Santen Pharmaceutical Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16700 | &nbsp;&nbsp;&nbsp;&nbsp; 130189 |
| Sawai Group Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp; 105195 |
| SECOM Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 119151 |
| Sekisui House Reit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp; 207732 |
| Sekisui House, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | &nbsp;&nbsp;&nbsp;&nbsp; 302388 |
| Seven Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;101900 | &nbsp;&nbsp;&nbsp;&nbsp; 209400 |
| SG Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5100 | &nbsp;&nbsp;&nbsp;&nbsp; 78700 |
| Shikoku Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45400 | &nbsp;&nbsp;&nbsp;&nbsp; 262489 |
| Shimadzu Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7900 | &nbsp;&nbsp;&nbsp;&nbsp; 242775 |
| Shimano, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp; 321004 |
| Shimizu Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15300 | &nbsp;&nbsp;&nbsp;&nbsp; 85767 |
| Shin-Etsu Chemical Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10700 | &nbsp;&nbsp;&nbsp;&nbsp; 1577426 |
| Shizuoka Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47100 | &nbsp;&nbsp;&nbsp;&nbsp; 399014 |
| SMC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 253955 |
| SoftBank Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51900 | &nbsp;&nbsp;&nbsp;&nbsp; 593845 |
| Sony Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11800 | &nbsp;&nbsp;&nbsp;&nbsp; 1054348 |
| Square Enix Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp; 335768 |
| Sumitomo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp;&nbsp;&nbsp; 170524 |
| Sumitomo Mitsui Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20300 | &nbsp;&nbsp;&nbsp;&nbsp; 882260 |
| Sumitomo Mitsui Trust Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp; 262286 |
| Sumitomo Realty & Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp; 365657 |
| Suntory Beverage & Food, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp; 226244 |
| Suzuken Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5100 | &nbsp;&nbsp;&nbsp;&nbsp; 134324 |
| Sysmex Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp; 325287 |
| Taisei Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 155349 |
| Taisho Pharmaceutical Holdings Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 168263 |
| Taiyo Yuden Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp; 122276 |
| TEIJIN, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12200 | &nbsp;&nbsp;&nbsp;&nbsp; 125274 |
| TIS, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp; 118225 |
| Tobu Railway Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 75082 |
| Toho Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp; 343481 |
| Toho Gas Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10100 | &nbsp;&nbsp;&nbsp;&nbsp; 198078 |
| Tohoku Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55600 | &nbsp;&nbsp;&nbsp;&nbsp; 299045 |
| Tokai Carbon Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18400 | &nbsp;&nbsp;&nbsp;&nbsp; 158749 |
| Tokio Marine Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30200 | &nbsp;&nbsp;&nbsp;&nbsp; 632530 |
| Tokyo Gas Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22300 | &nbsp;&nbsp;&nbsp;&nbsp; 466955 |
| Tokyo Ohka Kogyo Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 197146 |
| Tokyu Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;&nbsp; 126022 |
| Toppan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7900 | &nbsp;&nbsp;&nbsp;&nbsp; 127286 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Japan (continued) | Japan (continued) | Japan (continued) |
| Toshiba Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;$120213 |
| Tosoh Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20400 | &nbsp;&nbsp;&nbsp;&nbsp; 266902 |
| TOTO, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 124361 |
| Toyo Suisan Kaisha, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 185944 |
| Toyota Industries Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp; 127832 |
| Toyota Motor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;100600 | &nbsp;&nbsp;&nbsp;&nbsp; 1477383 |
| Trend Micro, Inc.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp; 193105 |
| Tsuruha Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp; 176706 |
| Unicharm Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9200 | &nbsp;&nbsp;&nbsp;&nbsp; 350940 |
| USS Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8100 | &nbsp;&nbsp;&nbsp;&nbsp; 133230 |
| Welcia Holdings Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;&nbsp; 187746 |
| West Japan Railway Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp; 180078 |
| Yakult Honsha Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp; 235580 |
| Yamaguchi Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32200 | &nbsp;&nbsp;&nbsp;&nbsp; 222706 |
| Yamato Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6600 | &nbsp;&nbsp;&nbsp;&nbsp; 115480 |
| Yamazaki Baking Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15300 | &nbsp;&nbsp;&nbsp;&nbsp; 179006 |
| Z Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp; 349166 |
| Zeon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17700 | &nbsp;&nbsp;&nbsp;&nbsp; 174106 |
| ZOZO, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8300 | &nbsp;&nbsp;&nbsp;&nbsp; 215163 |
|  |  | &nbsp;&nbsp;**$62728511** |
| Netherlands — 4.3% | Netherlands — 4.3% | Netherlands — 4.3% |
| ABN AMRO Bank NV<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28000 | &nbsp;&nbsp;$464731 |
| Aegon NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67600 | &nbsp;&nbsp;&nbsp;&nbsp; 372867 |
| ASML Holding NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4324 | &nbsp;&nbsp;&nbsp;&nbsp; 2860964 |
| ASR Nederland NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;&nbsp; 444916 |
| Corbion NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp; 769621 |
| Euronext NV<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5900 | &nbsp;&nbsp;&nbsp;&nbsp; 478088 |
| Flow Traders, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp; 187852 |
| IMCD NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2576 | &nbsp;&nbsp;&nbsp;&nbsp; 408378 |
| JDE Peet's NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24360 | &nbsp;&nbsp;&nbsp;&nbsp; 730141 |
| Just Eat Takeaway.com NV<sup>(1)(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp; 69265 |
| Koninklijke Ahold Delhaize NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61972 | &nbsp;&nbsp;&nbsp;&nbsp; 1849676 |
| Koninklijke DSM NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13608 | &nbsp;&nbsp;&nbsp;&nbsp; 1750016 |
| Koninklijke KPN NV | &nbsp;&nbsp;&nbsp;&nbsp;360750 | &nbsp;&nbsp;&nbsp;&nbsp; 1233348 |
| Koninklijke Philips NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77457 | &nbsp;&nbsp;&nbsp;&nbsp; 1337330 |
| Koninklijke Vopak NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp; 222966 |
| NN Group NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15250 | &nbsp;&nbsp;&nbsp;&nbsp; 662583 |
| NSI NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5968 | &nbsp;&nbsp;&nbsp;&nbsp; 155767 |
| PostNL NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71792 | &nbsp;&nbsp;&nbsp;&nbsp; 150319 |
| Prosus NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29973 | &nbsp;&nbsp;&nbsp;&nbsp; 2420177 |
| SBM Offshore NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23217 | &nbsp;&nbsp;&nbsp;&nbsp; 364996 |
| Signify NV<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11700 | &nbsp;&nbsp;&nbsp;&nbsp; 423603 |
| Universal Music Group NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57500 | &nbsp;&nbsp;&nbsp;&nbsp; 1469836 |
| Van Lanschot Kempen NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;&nbsp; 83444 |

---

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Netherlands (continued) | Netherlands (continued) | Netherlands (continued) |
| Vastned Retail NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7610 | &nbsp;&nbsp;$175422 |
| Wolters Kluwer NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12695 | &nbsp;&nbsp;&nbsp;&nbsp; 1384047 |
|  |  | &nbsp;&nbsp;**$20470353** |
| New Zealand — 1.1% | New Zealand — 1.1% | New Zealand — 1.1% |
| a2 Milk Co. Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;116564 | &nbsp;&nbsp;$559044 |
| Argosy Property, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;144849 | &nbsp;&nbsp;&nbsp;&nbsp; 107942 |
| Auckland International Airport, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78452 | &nbsp;&nbsp;&nbsp;&nbsp; 431763 |
| Contact Energy, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42066 | &nbsp;&nbsp;&nbsp;&nbsp; 211556 |
| Fisher & Paykel Healthcare Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43051 | &nbsp;&nbsp;&nbsp;&nbsp; 706518 |
| Fletcher Building, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68021 | &nbsp;&nbsp;&nbsp;&nbsp; 223990 |
| Genesis Energy, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38800 | &nbsp;&nbsp;&nbsp;&nbsp; 71927 |
| Goodman Property Trust | &nbsp;&nbsp;&nbsp;&nbsp;193400 | &nbsp;&nbsp;&nbsp;&nbsp; 257742 |
| Heartland Group Holdings, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;183499 | &nbsp;&nbsp;&nbsp;&nbsp; 215043 |
| Infratil, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32081 | &nbsp;&nbsp;&nbsp;&nbsp; 184692 |
| KMD Brands, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;208980 | &nbsp;&nbsp;&nbsp;&nbsp; 143629 |
| Mercury NZ, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39400 | &nbsp;&nbsp;&nbsp;&nbsp; 153067 |
| Pacific Edge, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;114000 | &nbsp;&nbsp;&nbsp;&nbsp; 36850 |
| Precinct Properties New Zealand, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;265100 | &nbsp;&nbsp;&nbsp;&nbsp; 215451 |
| Pushpay Holdings, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;115268 | &nbsp;&nbsp;&nbsp;&nbsp; 96670 |
| SKYCITY Entertainment Group, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;206639 | &nbsp;&nbsp;&nbsp;&nbsp; 336199 |
| Spark New Zealand, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;182931 | &nbsp;&nbsp;&nbsp;&nbsp; 616795 |
| Vulcan Steel, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20400 | &nbsp;&nbsp;&nbsp;&nbsp; 130735 |
| Xero, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9014 | &nbsp;&nbsp;&nbsp;&nbsp; 496820 |
|  |  | &nbsp;&nbsp;**$5196433** |
| Norway — 2.1% | Norway — 2.1% | Norway — 2.1% |
| ArcticZymes Technologies ASA<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12002 | &nbsp;&nbsp;$52824 |
| Atea ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34789 | &nbsp;&nbsp;&nbsp;&nbsp; 392411 |
| Autostore Holdings, Ltd.<sup>(1)(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51765 | &nbsp;&nbsp;&nbsp;&nbsp; 119540 |
| Bergenbio ASA<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43369 | &nbsp;&nbsp;&nbsp;&nbsp; 29170 |
| Borregaard ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27054 | &nbsp;&nbsp;&nbsp;&nbsp; 417097 |
| Crayon Group Holding ASA<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3863 | &nbsp;&nbsp;&nbsp;&nbsp; 38908 |
| DHT Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13700 | &nbsp;&nbsp;&nbsp;&nbsp; 117409 |
| DNB Bank ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36251 | &nbsp;&nbsp;&nbsp;&nbsp; 677878 |
| Elmera Group ASA<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31479 | &nbsp;&nbsp;&nbsp;&nbsp; 46626 |
| Entra ASA<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25083 | &nbsp;&nbsp;&nbsp;&nbsp; 296684 |
| Equinor ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24689 | &nbsp;&nbsp;&nbsp;&nbsp; 752438 |
| Europris ASA<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45674 | &nbsp;&nbsp;&nbsp;&nbsp; 294259 |
| Frontline PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12400 | &nbsp;&nbsp;&nbsp;&nbsp; 170864 |
| Gjensidige Forsikring ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16200 | &nbsp;&nbsp;&nbsp;&nbsp; 291170 |
| Golden Ocean Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp; 25866 |
| Kongsberg Gruppen ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13520 | &nbsp;&nbsp;&nbsp;&nbsp; 538254 |
| Mowi ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36150 | &nbsp;&nbsp;&nbsp;&nbsp; 668474 |
| Nordic Semiconductor ASA<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34208 | &nbsp;&nbsp;&nbsp;&nbsp; 545483 |
| Opera, Ltd. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47000 | &nbsp;&nbsp;&nbsp;&nbsp; 311140 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Norway (continued) | Norway (continued) | Norway (continued) |
| Orkla ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75100 | &nbsp;&nbsp;$560675 |
| Scatec ASA<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24917 | &nbsp;&nbsp;&nbsp;&nbsp; 203228 |
| Schibsted ASA, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22734 | &nbsp;&nbsp;&nbsp;&nbsp; 475252 |
| SFL Corp, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9700 | &nbsp;&nbsp;&nbsp;&nbsp; 98746 |
| SpareBank 1 SMN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14400 | &nbsp;&nbsp;&nbsp;&nbsp; 183640 |
| Telenor ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86591 | &nbsp;&nbsp;&nbsp;&nbsp; 906487 |
| TOMRA Systems ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23400 | &nbsp;&nbsp;&nbsp;&nbsp; 413088 |
| Var Energi ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12354 | &nbsp;&nbsp;&nbsp;&nbsp; 37579 |
| Veidekke ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20997 | &nbsp;&nbsp;&nbsp;&nbsp; 216804 |
| Yara International ASA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18306 | &nbsp;&nbsp;&nbsp;&nbsp; 813359 |
|  |  | &nbsp;&nbsp;**$9695353** |
| Portugal — 1.1% | Portugal — 1.1% | Portugal — 1.1% |
| Banco Comercial Portugues S.A. | 4163853 | &nbsp;&nbsp;$887104 |
| Corticeira Amorim SGPS S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35138 | &nbsp;&nbsp;&nbsp;&nbsp; 347597 |
| CTT-Correios de Portugal S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79156 | &nbsp;&nbsp;&nbsp;&nbsp; 306195 |
| EDP-Energias de Portugal S.A. | &nbsp;&nbsp;&nbsp;&nbsp;174295 | &nbsp;&nbsp;&nbsp;&nbsp; 865942 |
| Galp Energia SGPS S.A., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68129 | &nbsp;&nbsp;&nbsp;&nbsp; 932553 |
| Jeronimo Martins SGPS S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39521 | &nbsp;&nbsp;&nbsp;&nbsp; 858030 |
| Navigator Co. S.A. (The) | &nbsp;&nbsp;&nbsp;&nbsp;156508 | &nbsp;&nbsp;&nbsp;&nbsp; 547947 |
| NOS SGPS S.A. | &nbsp;&nbsp;&nbsp;&nbsp;100048 | &nbsp;&nbsp;&nbsp;&nbsp; 429035 |
| REN - Redes Energeticas Nacionais SGPS S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29300 | &nbsp;&nbsp;&nbsp;&nbsp; 80530 |
|  |  | &nbsp;&nbsp;**$5254933** |
| Singapore — 2.2% | Singapore — 2.2% | Singapore — 2.2% |
| AEM Holdings, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17700 | &nbsp;&nbsp;$46985 |
| BW LPG, Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9091 | &nbsp;&nbsp;&nbsp;&nbsp; 75240 |
| CapitaLand Ascendas REIT | &nbsp;&nbsp;&nbsp;&nbsp;109000 | &nbsp;&nbsp;&nbsp;&nbsp; 239869 |
| CapitaLand China Trust REIT | &nbsp;&nbsp;&nbsp;&nbsp;113100 | &nbsp;&nbsp;&nbsp;&nbsp; 107847 |
| CapitaLand Investment, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86400 | &nbsp;&nbsp;&nbsp;&nbsp; 261758 |
| City Developments, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26300 | &nbsp;&nbsp;&nbsp;&nbsp; 166922 |
| ComfortDelGro Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;231600 | &nbsp;&nbsp;&nbsp;&nbsp; 212180 |
| Flex, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43200 | &nbsp;&nbsp;&nbsp;&nbsp; 1008720 |
| Genting Singapore, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;921500 | &nbsp;&nbsp;&nbsp;&nbsp; 697906 |
| Keppel Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76300 | &nbsp;&nbsp;&nbsp;&nbsp; 440530 |
| Keppel DC REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35456 | &nbsp;&nbsp;&nbsp;&nbsp; 55264 |
| Keppel Infrastructure Trust<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;497885 | &nbsp;&nbsp;&nbsp;&nbsp; 218305 |
| Keppel REIT | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp; 81072 |
| Manulife US REIT | &nbsp;&nbsp;&nbsp;&nbsp;113000 | &nbsp;&nbsp;&nbsp;&nbsp; 37383 |
| Mapletree Industrial Trust<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71610 | &nbsp;&nbsp;&nbsp;&nbsp; 130141 |
| Mapletree Logistics Trust<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80800 | &nbsp;&nbsp;&nbsp;&nbsp; 104458 |
| Mapletree Pan Asia Commercial Trust<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83109 | &nbsp;&nbsp;&nbsp;&nbsp; 115640 |
| Nanofilm Technologies International, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31300 | &nbsp;&nbsp;&nbsp;&nbsp; 34590 |
| Oversea-Chinese Banking Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72300 | &nbsp;&nbsp;&nbsp;&nbsp; 714349 |
| Parkway Life REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33400 | &nbsp;&nbsp;&nbsp;&nbsp; 103375 |
| Raffles Medical Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;150700 | &nbsp;&nbsp;&nbsp;&nbsp; 166690 |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Singapore (continued) | Singapore (continued) | Singapore (continued) |
| Sea, Ltd. ADR<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7900 | &nbsp;&nbsp;$509155 |
| Sembcorp Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;141300 | &nbsp;&nbsp;&nbsp;&nbsp; 389659 |
| Sheng Siong Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;201600 | &nbsp;&nbsp;&nbsp;&nbsp; 251946 |
| Singapore Airlines, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92700 | &nbsp;&nbsp;&nbsp;&nbsp; 419177 |
| Singapore Exchange, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40400 | &nbsp;&nbsp;&nbsp;&nbsp; 284558 |
| Singapore Post, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;292300 | &nbsp;&nbsp;&nbsp;&nbsp; 124871 |
| Singapore Technologies Engineering, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;121200 | &nbsp;&nbsp;&nbsp;&nbsp; 340759 |
| Singapore Telecommunications, Ltd.<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;311400 | &nbsp;&nbsp;&nbsp;&nbsp; 596381 |
| Singapore Telecommunications, Ltd.<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84700 | &nbsp;&nbsp;&nbsp;&nbsp; 161633 |
| Suntec Real Estate Investment Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89800 | &nbsp;&nbsp;&nbsp;&nbsp; 96009 |
| UMS Holdings, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56725 | &nbsp;&nbsp;&nbsp;&nbsp; 57368 |
| United Overseas Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29100 | &nbsp;&nbsp;&nbsp;&nbsp; 661461 |
| UOL Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19600 | &nbsp;&nbsp;&nbsp;&nbsp; 104577 |
| Venture Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27200 | &nbsp;&nbsp;&nbsp;&nbsp; 384101 |
| Wilmar International, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;367200 | &nbsp;&nbsp;&nbsp;&nbsp; 1141632 |
|  |  | &nbsp;&nbsp;**$10542511** |
| Spain — 4.4% | Spain — 4.4% | Spain — 4.4% |
| Acerinox S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74810 | &nbsp;&nbsp;$810188 |
| Aena SME S.A.<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4771 | &nbsp;&nbsp;&nbsp;&nbsp; 716838 |
| Almirall S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39433 | &nbsp;&nbsp;&nbsp;&nbsp; 397330 |
| Amadeus IT Group S.A.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36160 | &nbsp;&nbsp;&nbsp;&nbsp; 2278223 |
| Banco de Sabadell S.A. | &nbsp;&nbsp;&nbsp;&nbsp;103800 | &nbsp;&nbsp;&nbsp;&nbsp; 135704 |
| Banco Santander S.A. | &nbsp;&nbsp;&nbsp;&nbsp;341173 | &nbsp;&nbsp;&nbsp;&nbsp; 1192379 |
| Bankinter S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35852 | &nbsp;&nbsp;&nbsp;&nbsp; 258672 |
| CaixaBank S.A. | &nbsp;&nbsp;&nbsp;&nbsp;135566 | &nbsp;&nbsp;&nbsp;&nbsp; 601501 |
| Cellnex Telecom S.A.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58584 | &nbsp;&nbsp;&nbsp;&nbsp; 2295789 |
| Cia de Distribucion Integral Logista Holdings S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14897 | &nbsp;&nbsp;&nbsp;&nbsp; 403611 |
| Ebro Foods S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21785 | &nbsp;&nbsp;&nbsp;&nbsp; 374245 |
| Enagas S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10500 | &nbsp;&nbsp;&nbsp;&nbsp; 188279 |
| Ferrovial S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13638 | &nbsp;&nbsp;&nbsp;&nbsp; 402433 |
| Fluidra S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17023 | &nbsp;&nbsp;&nbsp;&nbsp; 300525 |
| Global Dominion Access S.A.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31250 | &nbsp;&nbsp;&nbsp;&nbsp; 133999 |
| Grifols S.A.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92600 | &nbsp;&nbsp;&nbsp;&nbsp; 1225843 |
| Iberdrola S.A. | &nbsp;&nbsp;&nbsp;&nbsp;135919 | &nbsp;&nbsp;&nbsp;&nbsp; 1594570 |
| Iberdrola S.A.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2266 | &nbsp;&nbsp;&nbsp;&nbsp; 26462 |
| Indra Sistemas S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10400 | &nbsp;&nbsp;&nbsp;&nbsp; 126987 |
| Industria de Diseno Textil S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76175 | &nbsp;&nbsp;&nbsp;&nbsp; 2378245 |
| Laboratorios Farmaceuticos Rovi S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11900 | &nbsp;&nbsp;&nbsp;&nbsp; 504238 |
| Linea Directa Aseguradora S.A. Cia de Seguros y Reaseguros<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94840 | &nbsp;&nbsp;&nbsp;&nbsp; 98838 |
| Mapfre S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69417 | &nbsp;&nbsp;&nbsp;&nbsp; 139628 |
| Merlin Properties Socimi S.A. | &nbsp;&nbsp;&nbsp;&nbsp;122600 | &nbsp;&nbsp;&nbsp;&nbsp; 1198130 |
| Neinor Homes S.A.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 100335 |
| Red Electrica Corp. S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20678 | &nbsp;&nbsp;&nbsp;&nbsp; 365978 |
| Repsol S.A. | &nbsp;&nbsp;&nbsp;&nbsp;132966 | &nbsp;&nbsp;&nbsp;&nbsp; 2184210 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Spain (continued) | Spain (continued) | Spain (continued) |
| Telefonica S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23741 | &nbsp;&nbsp;$90193 |
| Viscofan S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5805 | &nbsp;&nbsp;&nbsp;&nbsp; 374136 |
|  |  | &nbsp;&nbsp;**$20897509** |
| Sweden — 4.3% | Sweden — 4.3% | Sweden — 4.3% |
| AcadeMedia AB<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13600 | &nbsp;&nbsp;$64058 |
| Alfa Laval AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4650 | &nbsp;&nbsp;&nbsp;&nbsp; 146129 |
| Arjo AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29560 | &nbsp;&nbsp;&nbsp;&nbsp; 114707 |
| Assa Abloy AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10010 | &nbsp;&nbsp;&nbsp;&nbsp; 235798 |
| Atlas Copco AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30400 | &nbsp;&nbsp;&nbsp;&nbsp; 360728 |
| Atlas Copco AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp; 189857 |
| Atrium Ljungberg AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp; 137659 |
| Attendo AB<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51800 | &nbsp;&nbsp;&nbsp;&nbsp; 130219 |
| Axfood AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15887 | &nbsp;&nbsp;&nbsp;&nbsp; 409181 |
| Betsson AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10576 | &nbsp;&nbsp;&nbsp;&nbsp; 87667 |
| BHG Group AB<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25600 | &nbsp;&nbsp;&nbsp;&nbsp; 37713 |
| BICO Group AB<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14705 | &nbsp;&nbsp;&nbsp;&nbsp; 148804 |
| Bilia AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7790 | &nbsp;&nbsp;&nbsp;&nbsp; 90009 |
| Billerud AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45811 | &nbsp;&nbsp;&nbsp;&nbsp; 532197 |
| BioGaia AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21245 | &nbsp;&nbsp;&nbsp;&nbsp; 186813 |
| Boozt AB<sup>(1)(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9100 | &nbsp;&nbsp;&nbsp;&nbsp; 118056 |
| Camurus AB<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 88549 |
| Castellum AB<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19834 | &nbsp;&nbsp;&nbsp;&nbsp; 272144 |
| Catena AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp; 158977 |
| Cibus Nordic Real Estate AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp; 104899 |
| Clas Ohlson AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10600 | &nbsp;&nbsp;&nbsp;&nbsp; 70680 |
| Dios Fastigheter AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19400 | &nbsp;&nbsp;&nbsp;&nbsp; 147834 |
| Electrolux AB, Class B<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | &nbsp;&nbsp;&nbsp;&nbsp; 226621 |
| Elekta AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42160 | &nbsp;&nbsp;&nbsp;&nbsp; 306874 |
| Embracer Group AB<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41890 | &nbsp;&nbsp;&nbsp;&nbsp; 195255 |
| Epiroc AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7626 | &nbsp;&nbsp;&nbsp;&nbsp; 148377 |
| Epiroc AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7415 | &nbsp;&nbsp;&nbsp;&nbsp; 123626 |
| Essity AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64435 | &nbsp;&nbsp;&nbsp;&nbsp; 1683309 |
| Evolution AB<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8498 | &nbsp;&nbsp;&nbsp;&nbsp; 955099 |
| Fabege AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29218 | &nbsp;&nbsp;&nbsp;&nbsp; 276145 |
| Fingerprint Cards AB, Class B<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;205863 | &nbsp;&nbsp;&nbsp;&nbsp; 58919 |
| Getinge AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22900 | &nbsp;&nbsp;&nbsp;&nbsp; 515881 |
| Hansa Biopharma AB<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12250 | &nbsp;&nbsp;&nbsp;&nbsp; 73693 |
| HMS Networks AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp; 100657 |
| Holmen AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16716 | &nbsp;&nbsp;&nbsp;&nbsp; 689461 |
| Hufvudstaden AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11700 | &nbsp;&nbsp;&nbsp;&nbsp; 176204 |
| Husqvarna AB, Class B<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11370 | &nbsp;&nbsp;&nbsp;&nbsp; 96735 |
| Industrivarden AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8280 | &nbsp;&nbsp;&nbsp;&nbsp; 219340 |
| Industrivarden AB, Class C<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp;&nbsp;&nbsp; 168606 |
| Indutrade AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4047 | &nbsp;&nbsp;&nbsp;&nbsp; 89873 |
| Investor AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17770 | &nbsp;&nbsp;&nbsp;&nbsp; 354664 |

---

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Sweden (continued) | Sweden (continued) | Sweden (continued) |
| Investor AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38860 | &nbsp;&nbsp;$755126 |
| JM AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 130495 |
| MIPS AB<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 84192 |
| Mycronic AB<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26942 | &nbsp;&nbsp;&nbsp;&nbsp; 575903 |
| Oatly Group AB ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40700 | &nbsp;&nbsp;&nbsp;&nbsp; 99308 |
| Orron Energy AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29152 | &nbsp;&nbsp;&nbsp;&nbsp; 54044 |
| Paradox Interactive AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp; 152851 |
| Saab AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2757 | &nbsp;&nbsp;&nbsp;&nbsp; 112867 |
| Sagax AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17833 | &nbsp;&nbsp;&nbsp;&nbsp; 443596 |
| Samhallsbyggnadsbolaget i Norden AB<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42000 | &nbsp;&nbsp;&nbsp;&nbsp; 82919 |
| Sandvik AB<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11780 | &nbsp;&nbsp;&nbsp;&nbsp; 243465 |
| Securitas AB, Class B<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12200 | &nbsp;&nbsp;&nbsp;&nbsp; 111673 |
| Skanska AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 158851 |
| SkiStar AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp; 53064 |
| Spotify Technology S.A.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9100 | &nbsp;&nbsp;&nbsp;&nbsp; 1025752 |
| Stillfront Group AB<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27900 | &nbsp;&nbsp;&nbsp;&nbsp; 48694 |
| Svenska Cellulosa AB SCA, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67464 | &nbsp;&nbsp;&nbsp;&nbsp; 936828 |
| Svenska Handelsbanken AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34300 | &nbsp;&nbsp;&nbsp;&nbsp; 357681 |
| Swedbank AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22300 | &nbsp;&nbsp;&nbsp;&nbsp; 428972 |
| Swedish Orphan Biovitrum AB<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22039 | &nbsp;&nbsp;&nbsp;&nbsp; 491482 |
| Tele2 AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46720 | &nbsp;&nbsp;&nbsp;&nbsp; 403498 |
| Telefonaktiebolaget LM Ericsson, Class B | &nbsp;&nbsp;&nbsp;&nbsp;180300 | &nbsp;&nbsp;&nbsp;&nbsp; 1045823 |
| Telia Co. AB | &nbsp;&nbsp;&nbsp;&nbsp;130400 | &nbsp;&nbsp;&nbsp;&nbsp; 336776 |
| Tethys Oil AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12500 | &nbsp;&nbsp;&nbsp;&nbsp; 75236 |
| Thule Group AB<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6300 | &nbsp;&nbsp;&nbsp;&nbsp; 150972 |
| Truecaller AB, Class B<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69800 | &nbsp;&nbsp;&nbsp;&nbsp; 248038 |
| Vitec Software Group AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 127074 |
| Vitrolife AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8300 | &nbsp;&nbsp;&nbsp;&nbsp; 177957 |
| Volvo AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17650 | &nbsp;&nbsp;&nbsp;&nbsp; 350238 |
| Volvo Car AB, Class B<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32400 | &nbsp;&nbsp;&nbsp;&nbsp; 161660 |
| Wallenstam AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49600 | &nbsp;&nbsp;&nbsp;&nbsp; 227697 |
| Wihlborgs Fastigheter AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19700 | &nbsp;&nbsp;&nbsp;&nbsp; 162192 |
|  |  | &nbsp;&nbsp;**$20106941** |
| Switzerland — 8.8% | Switzerland — 8.8% | Switzerland — 8.8% |
| Allreal Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2301 | &nbsp;&nbsp;$394382 |
| ALSO Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802 | &nbsp;&nbsp;&nbsp;&nbsp; 163363 |
| Baloise Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2338 | &nbsp;&nbsp;&nbsp;&nbsp; 384538 |
| Banque Cantonale Vaudoise<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708 | &nbsp;&nbsp;&nbsp;&nbsp; 67300 |
| Belimo Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401 | &nbsp;&nbsp;&nbsp;&nbsp; 211505 |
| BKW AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1702 | &nbsp;&nbsp;&nbsp;&nbsp; 244751 |
| Bossard Holding AG, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825 | &nbsp;&nbsp;&nbsp;&nbsp; 210221 |
| Bucher Industries AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637 | &nbsp;&nbsp;&nbsp;&nbsp; 290260 |
| Bystronic AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167 | &nbsp;&nbsp;&nbsp;&nbsp; 125490 |
| Cembra Money Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1279 | &nbsp;&nbsp;&nbsp;&nbsp; 113558 |
| Cie Financiere Richemont S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34378 | &nbsp;&nbsp;&nbsp;&nbsp; 5299616 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Switzerland (continued) | Switzerland (continued) | Switzerland (continued) |
| Daetwyler Holding AG, Bearer Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493 | &nbsp;&nbsp;$104559 |
| DKSH Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3161 | &nbsp;&nbsp;&nbsp;&nbsp; 269302 |
| Dottikon Es Holding AG<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1055 | &nbsp;&nbsp;&nbsp;&nbsp; 312514 |
| EMS-Chemie Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577 | &nbsp;&nbsp;&nbsp;&nbsp; 430142 |
| Flughafen Zurich AG<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2030 | &nbsp;&nbsp;&nbsp;&nbsp; 369853 |
| Forbo Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151 | &nbsp;&nbsp;&nbsp;&nbsp; 198675 |
| Galenica AG<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2594 | &nbsp;&nbsp;&nbsp;&nbsp; 202870 |
| Geberit AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1283 | &nbsp;&nbsp;&nbsp;&nbsp; 730004 |
| Givaudan S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553 | &nbsp;&nbsp;&nbsp;&nbsp; 1792953 |
| Gurit Holding AG<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2480 | &nbsp;&nbsp;&nbsp;&nbsp; 277064 |
| Helvetia Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2514 | &nbsp;&nbsp;&nbsp;&nbsp; 314497 |
| Huber+Suhner AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3060 | &nbsp;&nbsp;&nbsp;&nbsp; 293464 |
| Idorsia, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20736 | &nbsp;&nbsp;&nbsp;&nbsp; 348794 |
| Inficon Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp; 324571 |
| Intershop Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234 | &nbsp;&nbsp;&nbsp;&nbsp; 156962 |
| Komax Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695 | &nbsp;&nbsp;&nbsp;&nbsp; 228665 |
| Kuehne & Nagel International AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2860 | &nbsp;&nbsp;&nbsp;&nbsp; 681986 |
| Landis & Gyr Group AG<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3124 | &nbsp;&nbsp;&nbsp;&nbsp; 230150 |
| LEM Holding S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128 | &nbsp;&nbsp;&nbsp;&nbsp; 283404 |
| Logitech International S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19419 | &nbsp;&nbsp;&nbsp;&nbsp; 1136337 |
| Mobimo Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1337 | &nbsp;&nbsp;&nbsp;&nbsp; 343799 |
| Nestle S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46541 | &nbsp;&nbsp;&nbsp;&nbsp; 5678423 |
| Novartis AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25632 | &nbsp;&nbsp;&nbsp;&nbsp; 2317364 |
| Roche Holding AG PC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7834 | &nbsp;&nbsp;&nbsp;&nbsp; 2445543 |
| Roche Holding AG, Bearer Shares<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271 | &nbsp;&nbsp;&nbsp;&nbsp; 99197 |
| Schindler Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1944 | &nbsp;&nbsp;&nbsp;&nbsp; 393250 |
| Schindler Holding AG PC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2311 | &nbsp;&nbsp;&nbsp;&nbsp; 492560 |
| Schweiter Technologies AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 194186 |
| Sensirion Holding AG<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 273699 |
| SFS Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1848 | &nbsp;&nbsp;&nbsp;&nbsp; 212621 |
| SGS S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211 | &nbsp;&nbsp;&nbsp;&nbsp; 514552 |
| SIG Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27641 | &nbsp;&nbsp;&nbsp;&nbsp; 685109 |
| Sika AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9105 | &nbsp;&nbsp;&nbsp;&nbsp; 2587157 |
| Stadler Rail AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9144 | &nbsp;&nbsp;&nbsp;&nbsp; 349753 |
| Swatch Group AG (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4311 | &nbsp;&nbsp;&nbsp;&nbsp; 283266 |
| Swatch Group AG (The), Bearer Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2437 | &nbsp;&nbsp;&nbsp;&nbsp; 882361 |
| Swiss Life Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895 | &nbsp;&nbsp;&nbsp;&nbsp; 529704 |
| Swiss Prime Site AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8728 | &nbsp;&nbsp;&nbsp;&nbsp; 777737 |
| Swiss Re AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8196 | &nbsp;&nbsp;&nbsp;&nbsp; 858211 |
| Swisscom AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2576 | &nbsp;&nbsp;&nbsp;&nbsp; 1522044 |
| u-blox Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1652 | &nbsp;&nbsp;&nbsp;&nbsp; 197597 |
| UBS Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82122 | &nbsp;&nbsp;&nbsp;&nbsp; 1752925 |
| Valiant Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 251378 |
| Zehnder Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2230 | &nbsp;&nbsp;&nbsp;&nbsp; 165975 |
| Zurich Insurance Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3307 | &nbsp;&nbsp;&nbsp;&nbsp; 1635406 |
|  |  | &nbsp;&nbsp;**$41635567** |

---

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| United Kingdom — 8.9% | United Kingdom — 8.9% | United Kingdom — 8.9% |
| 3i Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11056 | &nbsp;&nbsp;$215700 |
| abrdn PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48718 | &nbsp;&nbsp;&nbsp;&nbsp; 128315 |
| Admiral Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5900 | &nbsp;&nbsp;&nbsp;&nbsp; 160393 |
| Antofagasta PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15200 | &nbsp;&nbsp;&nbsp;&nbsp; 326595 |
| Assura PLC | &nbsp;&nbsp;&nbsp;&nbsp;231800 | &nbsp;&nbsp;&nbsp;&nbsp; 159541 |
| AstraZeneca PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22470 | &nbsp;&nbsp;&nbsp;&nbsp; 2943850 |
| Auto Trader Group PLC<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65800 | &nbsp;&nbsp;&nbsp;&nbsp; 510508 |
| Aviva PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24342 | &nbsp;&nbsp;&nbsp;&nbsp; 137285 |
| B&M European Value Retail S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40600 | &nbsp;&nbsp;&nbsp;&nbsp; 224531 |
| BAE Systems PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46033 | &nbsp;&nbsp;&nbsp;&nbsp; 487307 |
| Bellway PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp; 141240 |
| Berkeley Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4063 | &nbsp;&nbsp;&nbsp;&nbsp; 208057 |
| Big Yellow Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13089 | &nbsp;&nbsp;&nbsp;&nbsp; 195225 |
| BP PLC | &nbsp;&nbsp;&nbsp;&nbsp;220700 | &nbsp;&nbsp;&nbsp;&nbsp; 1333083 |
| British American Tobacco PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21800 | &nbsp;&nbsp;&nbsp;&nbsp; 835677 |
| BT Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;428500 | &nbsp;&nbsp;&nbsp;&nbsp; 660187 |
| Bunzl PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6100 | &nbsp;&nbsp;&nbsp;&nbsp; 223938 |
| Burberry Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13190 | &nbsp;&nbsp;&nbsp;&nbsp; 401779 |
| Centamin PLC | &nbsp;&nbsp;&nbsp;&nbsp;159300 | &nbsp;&nbsp;&nbsp;&nbsp; 218379 |
| Civitas Social Housing PLC | &nbsp;&nbsp;&nbsp;&nbsp;184520 | &nbsp;&nbsp;&nbsp;&nbsp; 129930 |
| Compass Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42800 | &nbsp;&nbsp;&nbsp;&nbsp; 1022407 |
| Croda International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5987 | &nbsp;&nbsp;&nbsp;&nbsp; 510312 |
| Darktrace PLC<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28400 | &nbsp;&nbsp;&nbsp;&nbsp; 73773 |
| Derwent London PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp; 255198 |
| Diploma PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp; 128544 |
| Direct Line Insurance Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42288 | &nbsp;&nbsp;&nbsp;&nbsp; 92723 |
| Domino's Pizza Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39048 | &nbsp;&nbsp;&nbsp;&nbsp; 151237 |
| DS Smith PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55300 | &nbsp;&nbsp;&nbsp;&nbsp; 242098 |
| Endava PLC ADR<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 263610 |
| Essentra PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29000 | &nbsp;&nbsp;&nbsp;&nbsp; 77500 |
| Experian PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11138 | &nbsp;&nbsp;&nbsp;&nbsp; 407311 |
| Fresnillo PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32200 | &nbsp;&nbsp;&nbsp;&nbsp; 327083 |
| Games Workshop Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1807 | &nbsp;&nbsp;&nbsp;&nbsp; 209599 |
| Grainger PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69506 | &nbsp;&nbsp;&nbsp;&nbsp; 222598 |
| Great Portland Estates PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23683 | &nbsp;&nbsp;&nbsp;&nbsp; 166589 |
| Greggs PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7435 | &nbsp;&nbsp;&nbsp;&nbsp; 248269 |
| Halma PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30280 | &nbsp;&nbsp;&nbsp;&nbsp; 806175 |
| Hikma Pharmaceuticals PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40830 | &nbsp;&nbsp;&nbsp;&nbsp; 863722 |
| Hill & Smith PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9718 | &nbsp;&nbsp;&nbsp;&nbsp; 151242 |
| Hiscox, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp; 153100 |
| Howden Joinery Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;&nbsp; 196254 |
| HSBC Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;175600 | &nbsp;&nbsp;&nbsp;&nbsp; 1293882 |
| IG Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14640 | &nbsp;&nbsp;&nbsp;&nbsp; 143945 |
| IMI PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6650 | &nbsp;&nbsp;&nbsp;&nbsp; 119069 |
| Imperial Brands PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17600 | &nbsp;&nbsp;&nbsp;&nbsp; 441518 |
| Inchcape PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19600 | &nbsp;&nbsp;&nbsp;&nbsp; 220985 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| United Kingdom (continued) | United Kingdom (continued) | United Kingdom (continued) |
| InterContinental Hotels Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;$374887 |
| Intertek Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp; 220363 |
| J Sainsbury PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46200 | &nbsp;&nbsp;&nbsp;&nbsp; 149830 |
| Johnson Matthey PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9700 | &nbsp;&nbsp;&nbsp;&nbsp; 270948 |
| Kingfisher PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47900 | &nbsp;&nbsp;&nbsp;&nbsp; 165251 |
| Land Securities Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51600 | &nbsp;&nbsp;&nbsp;&nbsp; 452058 |
| Lloyds Banking Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;889520 | &nbsp;&nbsp;&nbsp;&nbsp; 578895 |
| London Stock Exchange Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4413 | &nbsp;&nbsp;&nbsp;&nbsp; 403988 |
| LondonMetric Property PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90700 | &nbsp;&nbsp;&nbsp;&nbsp; 211337 |
| LXi REIT PLC | &nbsp;&nbsp;&nbsp;&nbsp;118300 | &nbsp;&nbsp;&nbsp;&nbsp; 164666 |
| Manchester United PLC, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9700 | &nbsp;&nbsp;&nbsp;&nbsp; 218735 |
| Marks & Spencer Group PLC<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83100 | &nbsp;&nbsp;&nbsp;&nbsp; 149897 |
| Marshalls PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23600 | &nbsp;&nbsp;&nbsp;&nbsp; 98847 |
| Mondi PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19940 | &nbsp;&nbsp;&nbsp;&nbsp; 376025 |
| Moneysupermarket.com Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34300 | &nbsp;&nbsp;&nbsp;&nbsp; 101264 |
| National Grid PLC | &nbsp;&nbsp;&nbsp;&nbsp;152616 | &nbsp;&nbsp;&nbsp;&nbsp; 1940191 |
| NatWest Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88311 | &nbsp;&nbsp;&nbsp;&nbsp; 336911 |
| NCC Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72058 | &nbsp;&nbsp;&nbsp;&nbsp; 166989 |
| Next PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp; 319309 |
| Nomad Foods, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11900 | &nbsp;&nbsp;&nbsp;&nbsp; 211701 |
| Ocado Group PLC<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12900 | &nbsp;&nbsp;&nbsp;&nbsp; 103231 |
| Pearson PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43914 | &nbsp;&nbsp;&nbsp;&nbsp; 500803 |
| Pennon Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32533 | &nbsp;&nbsp;&nbsp;&nbsp; 369315 |
| Persimmon PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;&nbsp; 171160 |
| Phoenix Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17800 | &nbsp;&nbsp;&nbsp;&nbsp; 141081 |
| Primary Health Properties PLC | &nbsp;&nbsp;&nbsp;&nbsp;121769 | &nbsp;&nbsp;&nbsp;&nbsp; 168709 |
| Reckitt Benckiser Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 641348 |
| RELX PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26380 | &nbsp;&nbsp;&nbsp;&nbsp; 783721 |
| Rentokil Initial PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39000 | &nbsp;&nbsp;&nbsp;&nbsp; 236474 |
| Rightmove PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66300 | &nbsp;&nbsp;&nbsp;&nbsp; 481728 |
| Rio Tinto PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp; 1409422 |
| Rotork PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45595 | &nbsp;&nbsp;&nbsp;&nbsp; 179609 |
| RS Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10009 | &nbsp;&nbsp;&nbsp;&nbsp; 116363 |
| Safestore Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19133 | &nbsp;&nbsp;&nbsp;&nbsp; 238238 |
| Sage Group PLC (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69800 | &nbsp;&nbsp;&nbsp;&nbsp; 670615 |
| Segro PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63853 | &nbsp;&nbsp;&nbsp;&nbsp; 657277 |
| Severn Trent PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18700 | &nbsp;&nbsp;&nbsp;&nbsp; 650777 |
| Shaftesbury PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30747 | &nbsp;&nbsp;&nbsp;&nbsp; 149749 |
| Shell PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84770 | &nbsp;&nbsp;&nbsp;&nbsp; 2488657 |
| Sirius Real Estate, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;111884 | &nbsp;&nbsp;&nbsp;&nbsp; 116826 |
| Softcat PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18500 | &nbsp;&nbsp;&nbsp;&nbsp; 276832 |
| Spectris PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp; 289408 |
| Spirax-Sarco Engineering PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1720 | &nbsp;&nbsp;&nbsp;&nbsp; 245688 |
| Spirent Communications PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89600 | &nbsp;&nbsp;&nbsp;&nbsp; 242824 |
| Ssp Group PLC<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp; 96047 |
| St. James's Place PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;&nbsp; 142539 |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| United Kingdom (continued) | United Kingdom (continued) | United Kingdom (continued) |
| Standard Chartered PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38500 | &nbsp;&nbsp;$323385 |
| Supermarket Income REIT PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90300 | &nbsp;&nbsp;&nbsp;&nbsp; 107277 |
| Taylor Wimpey PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp; 130583 |
| Telecom Plus PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | &nbsp;&nbsp;&nbsp;&nbsp; 394071 |
| Tritax Big Box REIT PLC | &nbsp;&nbsp;&nbsp;&nbsp;152000 | &nbsp;&nbsp;&nbsp;&nbsp; 292868 |
| UK Commercial Property REIT, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;180544 | &nbsp;&nbsp;&nbsp;&nbsp; 129052 |
| Unilever PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24121 | &nbsp;&nbsp;&nbsp;&nbsp; 1227736 |
| United Utilities Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29800 | &nbsp;&nbsp;&nbsp;&nbsp; 389935 |
| Victrex PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;&nbsp; 154758 |
| Vistry Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23112 | &nbsp;&nbsp;&nbsp;&nbsp; 212865 |
| Vodafone Group PLC | 1150800 | &nbsp;&nbsp;&nbsp;&nbsp; 1327808 |
| Wise PLC, Class A<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33600 | &nbsp;&nbsp;&nbsp;&nbsp; 225241 |
|  |  | &nbsp;&nbsp;**$41826375** |
| Total Common Stocks<br> (identified cost $429,759,513) |  | &nbsp;&nbsp;**$469726356** |

---

Warrants <sup>(2)</sup> — 0.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Webuild SpA, Exp. 8/2/30<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15093 | &nbsp;&nbsp;$0 |
| Total Warrants<br> (identified cost $0) |  | &nbsp;&nbsp;**$0** |

---

Short-Term Investments — 2.6%

Affiliated Fund — 0.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.14%<sup>(7)</sup> | 1199635 | &nbsp;&nbsp;$1199635 |
| Total Affiliated Fund<br> (identified cost $1,199,635) |  | &nbsp;&nbsp;**$1199635** |

---

Securities Lending Collateral — 2.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| State Street Navigator Securities Lending Government Money Market Portfolio, 4.35%<sup>(8)</sup> | 10847429 | &nbsp;&nbsp;$10847429 |
| Total Securities Lending Collateral<br> (identified cost $10,847,429) |  | &nbsp;&nbsp;**$10847429** |
| Total Short-Term Investments<br> (identified cost $12,047,064) |  | &nbsp;&nbsp;**$12047064** |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**Value** |
| Total Investments — 102.1%<br> (identified cost $441,806,577) | &nbsp;&nbsp;**$481773420** |
| Other Assets, Less Liabilities — (2.1)% | &nbsp;&nbsp;**$(9826922)** |
| Net Assets — 100.0% | &nbsp;&nbsp;**$471946498** |

---

---

| | |
|:---|:---|
| 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> | All or a portion of this security was on loan at January 31, 2023. The aggregate market value of securities on loan at January 31, 2023 was $28,364,383. |
| <sup>(2)</sup> | Non-income producing security. |
| <sup>(3)</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At January 31, 2023, the aggregate value of these securities is $18,403,686 or 3.9% of the Fund's net assets. |
| <sup>(4)</sup> | For fair value measurement disclosure purposes, security is categorized as Level 3 (see Note 11). |
| <sup>(5)</sup> | Represents an investment in an issuer that may be deemed to be an affiliate. |
| <sup>(6)</sup> | Securities are traded on separate exchanges for the same entity. |
| <sup>(7)</sup> | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of January 31, 2023. |
| <sup>(8)</sup> | Represents investment of cash collateral received in connection with securities lending. |

---

---

| | | |
|:---|:---|:---|
| Sector Classification of Portfolio | Sector Classification of Portfolio | Sector Classification of Portfolio |
| **Sector** | &nbsp;&nbsp;&nbsp;**Percentage <br> of Net Assets** | &nbsp;&nbsp;&nbsp;**Value** |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;11.7% | &nbsp;&nbsp;&nbsp;&nbsp;$55413309 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;11.0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52149877 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;10.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50962208 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;10.0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47253417 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45890092 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44685510 |
| Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41329986 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39996702 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34299330 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33416216 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24329709 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12047064 |
| **Total Investments** | &nbsp;&nbsp;&nbsp;**102.1%** | &nbsp;&nbsp;&nbsp;**$481773420** |

---

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | – American Depositary Receipt |
| CDI | – CHESS Depositary Interest |
| PC | – Participation Certificate |
| PFC Shares | – Preference Shares |

---

*20*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Statement of Assets and Liabilities

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**January 31, 2023** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $439,810,478) — including $28,364,383 of securities on loan | &nbsp;&nbsp;$479228937 |
| Affiliated investments, at value (identified cost $1,996,099) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2544483 |
| Foreign currency, at value (identified cost $544,372) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547280 |
| Dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486072 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1954 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332136 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381914 |
| Securities lending income receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30021 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1145985 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10564 |
| **Total assets** | &nbsp;&nbsp;**$484709346** |
| Liabilities |  |
| Collateral for securities loaned | &nbsp;&nbsp;$10847429 |
| Payable for Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1417817 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment adviser and administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157677 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14794 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325131 |
| **Total liabilities** | &nbsp;&nbsp;**$12762848** |
| **Net Assets** | &nbsp;&nbsp;**$471946498** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$444112318 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27834180 |
| **Net Assets** | &nbsp;&nbsp;**$471946498** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$56336925 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4141757 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.60 |
| **Maximum Offering Price Per Share<br> (100 ÷ 94.75 of net asset value per share)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.35 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$281658433 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20625595 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.66 |
| Class R Shares |  |
| **Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;$7248343 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538977 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.45 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Statement of Assets and Liabilities — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**January 31, 2023** |
| Class R6 Shares |  |
| **Net Assets** | &nbsp;&nbsp;$126702797 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9294209 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.63 |

---

On sales of $50,000 or more, the offering price of Class A shares is reduced.

*22*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Statement of Operations

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended** |
|  | &nbsp;&nbsp;&nbsp;**January 31, 2023** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $1,919,800) | &nbsp;&nbsp;$17163930 |
| Dividend income from affiliated investments (net of foreign taxes withheld of $5,472) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63313 |
| Securities lending income, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345087 |
| **Total investment income** | &nbsp;&nbsp;**$17572330** |
| Expenses |  |
| Investment adviser and administration fee | &nbsp;&nbsp;&nbsp;$2110084 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189761 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37044 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34530 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220674 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356186 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67115 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37163 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75350 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44383 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52647 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;**$3224937** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$353738 |
| **Total expense reductions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$353738** |
| **Net expenses** | &nbsp;&nbsp;&nbsp;**$2871199** |
| **Net investment income** | &nbsp;&nbsp;**$14701131** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(3973953) |
| &nbsp;&nbsp;&nbsp;Investment transactions - affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11812 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(348755) |
| **Net realized loss** | &nbsp;&nbsp;**$(4310896)** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$(58362076) |
| &nbsp;&nbsp;&nbsp;Investments - affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203019 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14673 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(58144384)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(62455280)** |
| **Net decrease in net assets from operations** | &nbsp;&nbsp;**$(47754149)** |

---

*23*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
|  | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;$14701131 | &nbsp;&nbsp;$18365614 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4310896) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24655431 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(58144384) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4858803) |
| **Net increase (decrease) in net assets from operations** | &nbsp;&nbsp;**$(47754149)** | &nbsp;&nbsp;**$38162242** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;$(2055430) | &nbsp;&nbsp;&nbsp;$(4607356) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11808544) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20499938) |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(254341) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(425350) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5080084) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7403478) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(19198399)** | &nbsp;&nbsp;**$(32936122)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(33199930) | &nbsp;&nbsp;$(15999038) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92003049) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15700794 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1089432) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4489406 |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2753594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15621703) |
| **Net decrease in net assets from Fund share transactions** | &nbsp;&nbsp;**$(123538817)** | &nbsp;&nbsp;**$(11430541)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(190491365)** | &nbsp;&nbsp;&nbsp;**$(6204421)** |
| Net Assets |  |  |
| At beginning of year | &nbsp;&nbsp;$662437863 | &nbsp;&nbsp;$668642284 |
| **At end of year** | &nbsp;&nbsp;**$471946498** | &nbsp;&nbsp;**$662437863** |

---

*24*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Financial Highlights

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Class A** | &nbsp;&nbsp;&nbsp;**Class A** | &nbsp;&nbsp;&nbsp;**Class A** | &nbsp;&nbsp;&nbsp;**Class A** | &nbsp;&nbsp;&nbsp;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
| | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** | &nbsp;&nbsp;&nbsp;**2020** | &nbsp;&nbsp;&nbsp;**2019** |
| Net asset value — Beginning of year | &nbsp;&nbsp;$14.970 | &nbsp;&nbsp;$14.890 | &nbsp;&nbsp;$13.670 | &nbsp;&nbsp;$12.560 | &nbsp;&nbsp;$14.350 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.348 | &nbsp;&nbsp;$0.378 | &nbsp;&nbsp;&nbsp;&nbsp;$0.249 | &nbsp;&nbsp;&nbsp;&nbsp;$0.298 | &nbsp;&nbsp;$0.301 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.217) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.700) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$(0.869)** | &nbsp;&nbsp;**$0.783** | &nbsp;&nbsp;&nbsp;&nbsp;**$1.424** | &nbsp;&nbsp;&nbsp;&nbsp;**$1.442** | &nbsp;&nbsp;**$(1.399)** |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.300) | &nbsp;&nbsp;$(0.425) | &nbsp;&nbsp;&nbsp;$(0.195) | &nbsp;&nbsp;&nbsp;$(0.277) | &nbsp;&nbsp;$(0.211) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.201) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.278) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.009) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.055) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.180) |
| **Total distributions** | &nbsp;&nbsp;**$(0.501)** | &nbsp;&nbsp;**$(0.703)** | &nbsp;&nbsp;&nbsp;**$(0.204)** | &nbsp;&nbsp;&nbsp;**$(0.332)** | &nbsp;&nbsp;**$(0.391)** |
| **Net asset value — End of year** | &nbsp;&nbsp;**$13.600** | &nbsp;&nbsp;**$14.970** | &nbsp;&nbsp;**$14.890** | &nbsp;&nbsp;**$13.670** | &nbsp;&nbsp;**$12.560** |
| **Total Return<sup>(2)(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.51)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.18%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.35%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.53%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(9.73)%** |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;$56337 | &nbsp;&nbsp;$99423 | &nbsp;&nbsp;$113340 | &nbsp;&nbsp;$103801 | &nbsp;&nbsp;$65056 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses <sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76% <sup>(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.36% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.24% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested and do not reflect the effect of sales charges, if applicable.

<sup>(3)</sup> The investment adviser, sub-adviser and administrator reimbursed certain operating expenses (equal to 0.07%, 0.04%, 0.07%, 0.06% and 0.11% of average daily net assets for the years ended January 31, 2023, 2022, 2021, 2020 and 2019, respectively). Absent this reimbursement, total return would be lower.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser and administration fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended January 31, 2023).

<sup>(5)</sup> Includes interest expense of 0.01%.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Financial Highlights — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
| | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** | &nbsp;&nbsp;&nbsp;**2020** | &nbsp;&nbsp;&nbsp;**2019** |
| Net asset value — Beginning of year | &nbsp;&nbsp;$15.060 | &nbsp;&nbsp;$14.980 | &nbsp;&nbsp;$13.740 | &nbsp;&nbsp;$12.610 | &nbsp;&nbsp;$14.410 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;$0.378 | &nbsp;&nbsp;&nbsp;&nbsp;$0.414 | &nbsp;&nbsp;&nbsp;&nbsp;$0.279 | &nbsp;&nbsp;&nbsp;&nbsp;$0.297 | &nbsp;&nbsp;&nbsp;&nbsp;$0.310 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.225) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.689) |
| **Total income (loss) from operations** | &nbsp;&nbsp;&nbsp;**$(0.847)** | &nbsp;&nbsp;&nbsp;&nbsp;**$0.828** | &nbsp;&nbsp;&nbsp;&nbsp;**$1.475** | &nbsp;&nbsp;&nbsp;&nbsp;**$1.491** | &nbsp;&nbsp;&nbsp;**$(1.379)** |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;$(0.352) | &nbsp;&nbsp;&nbsp;$(0.470) | &nbsp;&nbsp;&nbsp;$(0.226) | &nbsp;&nbsp;&nbsp;$(0.306) | &nbsp;&nbsp;&nbsp;$(0.241) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.201) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.278) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.009) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.055) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.180) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;**$(0.553)** | &nbsp;&nbsp;&nbsp;**$(0.748)** | &nbsp;&nbsp;&nbsp;**$(0.235)** | &nbsp;&nbsp;&nbsp;**$(0.361)** | &nbsp;&nbsp;&nbsp;**$(0.421)** |
| **Net asset value — End of year** | &nbsp;&nbsp;**$13.660** | &nbsp;&nbsp;**$15.060** | &nbsp;&nbsp;**$14.980** | &nbsp;&nbsp;**$13.740** | &nbsp;&nbsp;**$12.610** |
| **Total Return<sup>(2)(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.30)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.45%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.75%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.79%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(9.53)%** |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;$281658 | &nbsp;&nbsp;$417559 | &nbsp;&nbsp;$400149 | &nbsp;&nbsp;$359605 | &nbsp;&nbsp;$151107 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses <sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51% <sup>(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.84% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.57% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.11% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.21% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.35% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(3)</sup> The investment adviser, sub-adviser and administrator reimbursed certain operating expenses (equal to 0.07%, 0.04%, 0.07%, 0.06% and 0.11% of average daily net assets for the years ended January 31, 2023, 2022, 2021, 2020 and 2019, respectively). Absent this reimbursement, total return would be lower.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser and administration fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended January 31, 2023).

<sup>(5)</sup> Includes interest expense of 0.01%.

*26*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Financial Highlights — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Class R** | &nbsp;&nbsp;&nbsp;**Class R** | &nbsp;&nbsp;&nbsp;**Class R** | &nbsp;&nbsp;&nbsp;**Class R** | &nbsp;&nbsp;&nbsp;**Class R** |
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
| | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** | &nbsp;&nbsp;&nbsp;**2020** | &nbsp;&nbsp;&nbsp;**2019** |
| Net asset value — Beginning of year | &nbsp;&nbsp;$14.830 | &nbsp;&nbsp;$14.790 | &nbsp;&nbsp;$13.590 | &nbsp;&nbsp;$12.490 | &nbsp;&nbsp;$14.290 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.302 | &nbsp;&nbsp;$0.290 | &nbsp;&nbsp;$0.204 | &nbsp;&nbsp;$0.237 | &nbsp;&nbsp;$0.231 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.201) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.657) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$(0.899)** | &nbsp;&nbsp;**$0.741** | &nbsp;&nbsp;**$1.384** | &nbsp;&nbsp;**$1.409** | &nbsp;&nbsp;**$(1.426)** |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.280) | &nbsp;&nbsp;$(0.423) | &nbsp;&nbsp;$(0.175) | &nbsp;&nbsp;$(0.254) | &nbsp;&nbsp;$(0.194) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.201) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.278) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.009) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.055) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.180) |
| **Total distributions** | &nbsp;&nbsp;**$(0.481)** | &nbsp;&nbsp;**$(0.701)** | &nbsp;&nbsp;**$(0.184)** | &nbsp;&nbsp;**$(0.309)** | &nbsp;&nbsp;**$(0.374)** |
| **Net asset value — End of year** | &nbsp;&nbsp;**$13.450** | &nbsp;&nbsp;**$14.830** | &nbsp;&nbsp;**$14.790** | &nbsp;&nbsp;**$13.590** | &nbsp;&nbsp;**$12.490** |
| **Total Return<sup>(2)(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.77)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.93%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.20%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.25%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(9.96)%** |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;$7248 | &nbsp;&nbsp;$9157 | &nbsp;&nbsp;$5082 | &nbsp;&nbsp;$3713 | &nbsp;&nbsp;$1939 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses <sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01% <sup>(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.79% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.77% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(3)</sup> The investment adviser, sub-adviser and administrator reimbursed certain operating expenses (equal to 0.07%, 0.04%, 0.07%, 0.06% and 0.11% of average daily net assets for the years ended January 31, 2023, 2022, 2021, 2020 and 2019, respectively). Absent this reimbursement, total return would be lower.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser and administration fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended January 31, 2023).

<sup>(5)</sup> Includes interest expense of 0.01%.

*27*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Financial Highlights — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Class R6** | &nbsp;&nbsp;&nbsp;**Class R6** | &nbsp;&nbsp;&nbsp;**Class R6** | &nbsp;&nbsp;&nbsp;**Class R6** | &nbsp;&nbsp;&nbsp;**Class R6** |
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
| | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** | &nbsp;&nbsp;&nbsp;**2020** | &nbsp;&nbsp;&nbsp;**2019** |
| Net asset value — Beginning of year | &nbsp;&nbsp;$15.040 | &nbsp;&nbsp;$14.960 | &nbsp;&nbsp;$13.730 | &nbsp;&nbsp;$12.600 | &nbsp;&nbsp;$14.410 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;$0.368 | &nbsp;&nbsp;&nbsp;&nbsp;$0.421 | &nbsp;&nbsp;&nbsp;&nbsp;$0.275 | &nbsp;&nbsp;&nbsp;&nbsp;$0.342 | &nbsp;&nbsp;$0.363 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.214) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.746) |
| **Total income (loss) from operations** | &nbsp;&nbsp;&nbsp;**$(0.846)** | &nbsp;&nbsp;&nbsp;&nbsp;**$0.837** | &nbsp;&nbsp;&nbsp;&nbsp;**$1.473** | &nbsp;&nbsp;&nbsp;&nbsp;**$1.497** | &nbsp;&nbsp;**$(1.383)** |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;$(0.363) | &nbsp;&nbsp;&nbsp;$(0.479) | &nbsp;&nbsp;&nbsp;$(0.234) | &nbsp;&nbsp;&nbsp;$(0.312) | &nbsp;&nbsp;$(0.247) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.201) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.278) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.009) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.055) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.180) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;**$(0.564)** | &nbsp;&nbsp;&nbsp;**$(0.757)** | &nbsp;&nbsp;&nbsp;**$(0.243)** | &nbsp;&nbsp;&nbsp;**$(0.367)** | &nbsp;&nbsp;**$(0.427)** |
| **Net asset value — End of year** | &nbsp;&nbsp;**$13.630** | &nbsp;&nbsp;**$15.040** | &nbsp;&nbsp;**$14.960** | &nbsp;&nbsp;**$13.730** | &nbsp;&nbsp;**$12.600** |
| **Total Return<sup>(2)(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.29)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.51%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.75%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.85%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(9.56)%** |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;$126703 | &nbsp;&nbsp;$136299 | &nbsp;&nbsp;$150071 | &nbsp;&nbsp;$112074 | &nbsp;&nbsp;$91371 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses <sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.48% <sup>(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.61% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.72% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(3)</sup> The investment adviser, sub-adviser and administrator reimbursed certain operating expenses (equal to 0.07%, 0.04%, 0.07%, 0.06% and 0.11% of average daily net assets for the years ended January 31, 2023, 2022, 2021, 2020 and 2019, respectively). Absent this reimbursement, total return would be lower.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser and administration fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended January 31, 2023).

<sup>(5)</sup> Includes interest expense of 0.01%.

*28*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Notes to Financial Statements

------

1 Significant Accounting Policies

Parametric International Equity Fund (the Fund) is a diversified series of Eaton Vance Mutual Funds Trust (the Trust). The Trust is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company. The Fund's investment objective is to seek long-term capital appreciation. The Fund offers four classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class A shares are offered at net asset value to shareholders who owned Investor Class shares which were redesignated as Class A shares on January 15, 2020, and only for such shareholders' accounts established prior to such date. Class I (renamed from Institutional Class effective April 29, 2022) shares, Class R and Class R6 shares are sold at net asset value and are not subject to a sales charge. Each class represents a pro-rata interest in the Fund, but votes separately on class-specific matters and (as noted below) is subject to different expenses. Realized and unrealized gains and losses and net investment income and losses, other than class-specific expenses, are allocated daily to each class of shares based on the relative net assets of each class to the total net assets of the Fund. Sub-accounting, recordkeeping and similar administrative fees payable to financial intermediaries, which are a component of transfer and dividend disbursing agent fees on the Statement of Operations, are not allocated to Class R6 shares. Each class of shares differs in its distribution plan and certain other class-specific expenses.

The following is a summary of significant accounting policies of the Fund. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Fund is an investment company and follows accounting and reporting guidance in the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946.

A Investment Valuation—The following methodologies are used to determine the market value or fair value of investments.

**Equity Securities. Equity securities (including warrants and rights) listed on a U.S. securities exchange generally are valued at the last sale or closing price on the day of valuation or, if no sales took place on such date, at the mean between the closing bid and ask prices on the exchange where such securities are principally traded. Equity securities listed on the NASDAQ National Market System are valued at the NASDAQ official closing price. Unlisted or listed securities for which closing sales prices or closing quotations are not available are valued at the mean between the latest available bid and ask prices.**

**Foreign Securities and Currencies. Foreign securities and currencies are valued in U.S. dollars, based on foreign currency exchange rate quotations supplied by a third party pricing service. The pricing service uses a proprietary model to determine the exchange rate. Inputs to the model include reported trades and implied bid/ask spreads. The daily valuation of exchange-traded foreign securities generally is determined as of the close of trading on the principal exchange on which such securities trade. Events occurring after the close of trading on foreign exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. When valuing foreign equity securities that meet certain criteria, the Fund's Trustees have approved the use of a fair value service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that have a strong correlation to the fair-valued securities.**

**Other. Investments in management investment companies (including money market funds) that do not trade on an exchange are valued at the net asset value as of the close of each business day.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Fund's investment adviser as its valuation designee. Investments for which valuations or market quotations are not readily available or are deemed unreliable are valued by the investment adviser, as valuation designee, at fair value using methods that most fairly reflect the security's "fair value", which is the amount that the Fund might reasonably expect to receive for the security upon its current sale in the ordinary course. Each such determination is based on a consideration of relevant factors, which are likely to vary from one pricing context to another. These factors may include, but are not limited to, the type of security, the existence of any contractual restrictions on the security's disposition, the price and extent of public trading in similar securities of the issuer or of comparable companies or entities, quotations or relevant information obtained from broker/dealers or other market participants, information obtained from the issuer, analysts, and/or the appropriate stock exchange (for exchange-traded securities), an analysis of the company's or entity's financial statements, and an evaluation of the forces that influence the issuer and the market(s) in which the security is purchased and sold.**

B Investment Transactions—Investment transactions for financial statement purposes are accounted for on a trade date basis. Realized gains and losses on investments sold are determined on the basis of identified cost.

C Income—Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. However, if the ex-dividend date has passed, certain dividends from foreign securities are recorded as the Fund is informed of the ex-dividend date. Withholding taxes on foreign dividends and capital gains have been provided for in accordance with the Fund's understanding of the applicable countries' tax rules and rates. In consideration of recent decisions rendered by European courts, the Fund has filed additional tax reclaims for previously withheld taxes on dividends earned in certain European Union countries. These filings are subject to various administrative and judicial proceedings within these countries. Due to the uncertainty as to the ultimate resolution of these proceedings, the likelihood of receipt of these reclaims, and the potential timing of payment, no amounts are reflected in the Fund's financial statements for such outstanding reclaims.

D Federal Taxes—The Fund's policy is to comply with the provisions of the Internal Revenue Code applicable to regulated investment companies and to distribute to shareholders each year substantially all of its net investment income, and all or substantially all of its net realized capital gains. Accordingly, no provision for federal income or excise tax is necessary.

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Notes to Financial Statements — continued

------

As of January 31, 2023, the Fund had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Fund files a U.S. federal income tax return annually after its fiscal year-end, which is subject to examination by the Internal Revenue Service for a period of three years from the date of filing.

E Expenses—The majority of expenses of the Trust are directly identifiable to an individual fund. Expenses which are not readily identifiable to a specific fund are allocated taking into consideration, among other things, the nature and type of expense and the relative size of the funds.

F Foreign Currency Translation—Investment valuations, other assets, and liabilities initially expressed in foreign currencies are translated each business day into U.S. dollars based upon current exchange rates. Purchases and sales of foreign investment securities and income and expenses denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates in effect on the respective dates of such transactions. Recognized gains or losses on investment transactions attributable to changes in foreign currency exchange rates are recorded for financial statement purposes as net realized gains and losses on investments. That portion of unrealized gains and losses on investments that results from fluctuations in foreign currency exchange rates is not separately disclosed.

G Use of Estimates—The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. Actual results could differ from those estimates.

H Indemnifications—Under the Trust's organizational documents, its officers and Trustees may be indemnified against certain liabilities and expenses arising out of the performance of their duties to the Fund. Under Massachusetts law, if certain conditions prevail, shareholders of a Massachusetts business trust (such as the Trust) could be deemed to have personal liability for the obligations of the Trust. However, the Trust's Declaration of Trust contains an express disclaimer of liability on the part of Fund shareholders and the By-laws provide that the Trust shall assume, upon request by the shareholder, the defense on behalf of any Fund shareholders. Moreover, the By-laws also provide for indemnification out of Fund property of any shareholder held personally liable solely by reason of being or having been a shareholder for all loss or expense arising from such liability. Additionally, in the normal course of business, the Fund enters into agreements with service providers that may contain indemnification clauses. The Fund's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund that have not yet occurred.

2 Distributions to Shareholders and Income Tax Information

It is the present policy of the Fund to make at least one distribution annually (normally in December) of all or substantially all of its net investment income and to distribute annually all or substantially all of its net realized capital gains. Distributions to shareholders are recorded on the ex-dividend date. Distributions are declared separately for each class of shares. Shareholders may reinvest income and capital gain distributions in additional shares of the same class of the Fund at the net asset value as of the ex-dividend date or, at the election of the shareholder, receive distributions in cash. Distributions to shareholders are determined in accordance with income tax regulations, which may differ from U.S. GAAP. As required by U.S. GAAP, only distributions in excess of tax basis earnings and profits are reported in the financial statements as a return of capital. Permanent differences between book and tax accounting relating to distributions are reclassified to paid-in capital. For tax purposes, distributions from short-term capital gains are considered to be from ordinary income.

The tax character of distributions declared for the years ended January 31, 2023 and January 31, 2022 was as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;&nbsp;**2022** |
| Ordinary income | &nbsp;&nbsp;&nbsp;&nbsp;$12546353 | &nbsp;&nbsp;&nbsp;&nbsp;$27232795 |
| Long-term capital gains | &nbsp;&nbsp;&nbsp;&nbsp;$6652046 | &nbsp;&nbsp;&nbsp;&nbsp;$5703327 |

---

During the year ended January 31, 2023, distributable earnings was decreased by $3,579,142 and paid-in capital was increased by $3,579,142 primarily due to the Fund's use of equalization accounting. Tax equalization accounting allows the Fund to treat as a distribution that portion of redemption proceeds representing a redeeming shareholder's portion of undistributed taxable income and net capital gains. These reclassifications had no effect on the net assets or net asset value per share of the Fund.

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Notes to Financial Statements — continued

------

As of January 31, 2023, the components of distributable earnings (accumulated loss) on a tax basis were as follows:

---

| | |
|:---|:---|
| Deferred capital losses | &nbsp;&nbsp;&nbsp;&nbsp;$(6038958) |
| Net unrealized appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33873138 |
| **Distributable earnings** | &nbsp;&nbsp;&nbsp;&nbsp;**$27834180** |

---

At January 31, 2023, the Fund, for federal income tax purposes, had deferred capital losses of $6,038,958 which would reduce its taxable income arising from future net realized gains on investment transactions, if any, to the extent permitted by the Internal Revenue Code, and thus would reduce the amount of distributions to shareholders, which would otherwise be necessary to relieve the Fund of any liability for federal income or excise tax. The deferred capital losses are treated as arising on the first day of the Fund's next taxable year and retain the same short-term or long-term character as when originally deferred. Of the deferred capital losses at January 31, 2023, $4,937,181 are short-term and $1,101,777 are long-term.

The cost and unrealized appreciation (depreciation) of investments of the Fund at January 31, 2023, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$447895265** |
| Gross unrealized appreciation | &nbsp;&nbsp;$94142591 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(60264436) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$33878155** |

---

3 Investment Adviser and Administration Fees and Other Transactions with Affiliates

The investment adviser and administration fee is earned by Eaton Vance Management (EVM), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory and administrative services rendered to the Fund. The fee is computed at an annual rate as a percentage of the Fund's average daily net assets as follows and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.400% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.375% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.360% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.350% |

---

For the year ended January 31, 2023, the investment adviser and administration fee amounted to $2,110,084 or 0.40% of the Fund's average daily net assets. Pursuant to an investment sub-advisory agreement, EVM has delegated the investment management of the Fund to Parametric Portfolio Associates LLC (Parametric), an affiliate of EVM and an indirect, wholly-owned subsidiary of Morgan Stanley. EVM pays Parametric a portion of its investment adviser and administration fee for sub-advisory services provided to the Fund.

Effective April 26, 2022, the Fund may invest in a money market fund, the Institutional Class of the Morgan Stanley Institutional Liquidity Funds - Government Portfolio (the "Liquidity Fund"), an open-end management investment company managed by Morgan Stanley Investment Management Inc., a wholly-owned subsidiary of Morgan Stanley. The investment adviser and administration fee paid by the Fund is reduced by an amount equal to its pro-rata share of the advisory and administration fees paid by the Fund due to its investment in the Liquidity Fund. For the year ended January 31, 2023, the investment adviser and administration fee paid was reduced by $1,090 relating to the Fund's investment in the Liquidity Fund. Prior to April 26, 2022, the Fund may have invested its cash in Eaton Vance Cash Reserves Fund, LLC (Cash Reserves Fund), an affiliated investment company managed by EVM. EVM did not receive a fee for advisory services provided to Cash Reserves Fund.

EVM and Parametric have agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding expenses such as brokerage commissions, acquired fund fees and expenses of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 0.75%, 0.50%, 1.00% and 0.47% of the Fund's average daily net assets for Class A, Class I, Class R and Class R6, respectively. This agreement may be changed or terminated after May 31, 2023. Pursuant to this agreement, EVM and Parametric were allocated $352,648 in total of the Fund's operating expenses for the year ended January 31, 2023.

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Notes to Financial Statements — continued

------

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the year ended January 31, 2023, EVM earned $30,911 from the Fund pursuant to such agreement, which is included in transfer and dividend disbursing agent fees on the Statement of Operations. The Fund was informed that Eaton Vance Distributors, Inc. (EVD), an affiliate of EVM and the Fund's principal underwriter, received $458 as its portion of the sales charge on sales of Class A shares for the year ended January 31, 2023. EVD also received distribution and service fees from Class A and Class R shares (see Note 4).

Trustees and officers of the Fund who are members of EVM's organization receive remuneration for their services to the Fund out of the investment adviser and administration fee. Trustees of the Fund who are not affiliated with EVM may elect to defer receipt of all or a percentage of their annual fees in accordance with the terms of the Trustees Deferred Compensation Plan. For the year ended January 31, 2023, no significant amounts have been deferred. Certain officers and Trustees of the Fund are officers of EVM.

4 Distribution Plans

The Fund has in effect a distribution plan for Class A shares (Class A Plan) pursuant to Rule 12b-1 under the 1940 Act. Pursuant to the Class A Plan, the Fund pays EVD a distribution and service fee of 0.25% per annum of its average daily net assets attributable to Class A shares for distribution services and facilities provided to the Fund by EVD, as well as for personal services and/or the maintenance of shareholder accounts. Distribution and service fees paid or accrued to EVD for the year ended January 31, 2023 amounted to $189,761 for Class A shares.

The Fund also has in effect a distribution plan for Class R shares (Class R Plan) pursuant to Rule 12b-1 under the 1940 Act. The Class R Plan requires the Fund to pay EVD an amount up to 0.50% per annum of its average daily net assets attributable to Class R shares for providing ongoing distribution services and facilities to the Fund. The Trustees of the Trust have currently limited Class R distribution payments to 0.25% per annum of the average daily net assets attributable to Class R shares. For the year ended January 31, 2023, the Fund paid or accrued to EVD $18,522 for Class R shares.

Pursuant to the Class R Plan, the Fund also makes payments of service fees to EVD, financial intermediaries and other persons in amounts equal to 0.25% per annum of its average daily net assets attributable to that class. Service fees paid or accrued are for personal services and/or the maintenance of shareholder accounts. They are separate and distinct from the sales commissions and distribution fees payable to EVD. Service fees paid or accrued for the year ended January 31, 2023 amounted to $18,522 for Class R shares.

Distribution and service fees are subject to the limitations contained in the Financial Industry Regulatory Authority Rule 2341(d).

5 Contingent Deferred Sales Charges

Class A shares may be subject to a 1% contingent deferred sales charge (CDSC) if redeemed within 12 months (18 months prior to April 29, 2022) of purchase (depending on the circumstances of purchase). Generally, the CDSC is based upon the lower of the net asset value at date of redemption or date of purchase. No charge is levied on shares acquired by reinvestment of dividends or capital gain distributions. For the year ended January 31, 2023, the Fund was informed that EVD received no CDSCs paid by Class A shareholders.

6 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations, aggregated $71,366,473 and $199,274,695, respectively, for the year ended January 31, 2023.

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Notes to Financial Statements — continued

------

7 Shares of Beneficial Interest

The Fund's Declaration of Trust permits the Trustees to issue an unlimited number of full and fractional shares of beneficial interest (without par value). Such shares may be issued in a number of different series (such as the Fund) and classes. Transactions in Fund shares were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2022** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2022** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Class A** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 1151916 | &nbsp;&nbsp;&nbsp;&nbsp;$15242063 | &nbsp;&nbsp;&nbsp;&nbsp;1370825 | &nbsp;&nbsp;&nbsp;&nbsp;$21875503 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 163284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2041048 | &nbsp;&nbsp;&nbsp;&nbsp; 301111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4591939 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3812887) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50483041) | &nbsp;&nbsp;&nbsp;&nbsp;(2641838) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42466480) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2497687)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(33199930)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(969902)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(15999038)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 4144062 | &nbsp;&nbsp;&nbsp;&nbsp;$55413244 | &nbsp;&nbsp;&nbsp;&nbsp;5961417 | &nbsp;&nbsp;&nbsp;&nbsp;$95915678 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 908604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11393896 | &nbsp;&nbsp;&nbsp;&nbsp;1291716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19789096 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(12162125) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(158810189) | &nbsp;&nbsp;&nbsp;&nbsp;(6236619) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(100003980) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7109459)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(92003049)** | &nbsp;&nbsp;&nbsp;&nbsp;**1016514** | &nbsp;&nbsp;&nbsp;&nbsp;**$15700794** |
| **Class R** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 79898 | &nbsp;&nbsp;&nbsp;&nbsp;$1050076 | &nbsp;&nbsp;&nbsp;&nbsp; 339855 | &nbsp;&nbsp;&nbsp;&nbsp;$5547999 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 20577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 254333 | &nbsp;&nbsp;&nbsp;&nbsp; 28168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 425339 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (179097) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2393841) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (94050) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1483932) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(78622)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1089432)** | &nbsp;&nbsp;&nbsp;&nbsp; **273973** | &nbsp;&nbsp;&nbsp;&nbsp;**$4489406** |
| **Class R6** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 2093383 | &nbsp;&nbsp;&nbsp;&nbsp;$28037045 | &nbsp;&nbsp;&nbsp;&nbsp;2452221 | &nbsp;&nbsp;&nbsp;&nbsp;$39243788 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 405758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5080084 | &nbsp;&nbsp;&nbsp;&nbsp; 483571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7403478 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2268661) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30363535) | &nbsp;&nbsp;&nbsp;&nbsp;(3901210) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62268969) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **230480** | &nbsp;&nbsp;&nbsp;&nbsp;**$2753594** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(965418)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(15621703)** |

---

8 Line of Credit

The Fund participates with other portfolios and funds managed by EVM and its affiliates in a $725 million unsecured line of credit agreement with a group of banks, which is in effect through October 24, 2023. In connection with the renewal of the agreement on October 25, 2022, the borrowing limit was decreased from $800 million. Borrowings are made by the Fund solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Fund based on its borrowings at an amount above either the Secured Overnight Financing Rate (SOFR) or Federal Funds rate. In addition, a fee computed at an annual rate of 0.15% on the daily unused portion of the line of credit is allocated among the participating portfolios and funds at the end of each quarter. Also in connection with the renewal of the agreement, an arrangement fee totaling $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Fund, it may be unable to borrow some or all of its requested amounts at any particular time. Average borrowings and the average annual interest rate (excluding fees) for the year ended January 31, 2023 were $994,008 and 3.97%, respectively.

------

[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Notes to Financial Statements — continued

------

9 Securities Lending Agreement

The Fund has established a securities lending agreement with State Street Bank and Trust Company (SSBT) as securities lending agent in which the Fund lends portfolio securities to qualified borrowers in exchange for collateral consisting of either cash or securities issued or guaranteed by the U.S. government or its agencies or instrumentalities in an amount at least equal to the market value of the securities on loan. The market value of securities loaned is determined daily and any additional required collateral is delivered to the Fund on the next business day. Cash collateral is invested in the State Street Navigator Securities Lending Government Money Market Portfolio, a money market fund registered under the 1940 Act. The Fund earns interest on the amount invested but it must pay (and at times receive from) the broker a loan rebate fee computed as a varying percentage of the collateral received. For security loans secured by non-cash collateral, the Fund earns a negotiated lending fee from the borrower. A portion of the income earned by the Fund from its investment of cash collateral, net of rebate fees, and lending fees received is allocated to SSBT for its services as lending agent and the portion allocated to the Fund is presented as securities lending income, net on the Statement of Operations. Non-cash collateral is held by the lending agent on behalf of the Fund and cannot be sold or re-pledged by the Fund; accordingly, such collateral is not reflected in the Statement of Assets and Liabilities.

The Fund is subject to possible delay in the recovery of loaned securities. Pursuant to the securities lending agreement, SSBT has provided indemnification to the Fund in the event of default by a borrower with respect to a loan. The Fund bears the risk of loss with respect to the investment of cash collateral.

At January 31, 2023, the value of the securities loaned and the value of the collateral received, which exceeded the value of the securities loaned, amounted to $28,364,383 and $30,020,337, respectively. Collateral received was comprised of cash of $10,847,429 and U.S. government and/or agencies securities of $19,172,908. The securities lending transactions have no contractual maturity date and each of the Fund and borrower has the option to terminate a loan at any time.

The following table provides a breakdown of securities lending transactions accounted for as secured borrowings, the obligations by class of collateral pledged, and the remaining contractual maturity of those transactions as of January 31, 2023.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** |
|  | **Overnight and<br> Continuous** | **<30 days** | **30 to 90 days** | **>90 days** | **Total** |
| Common Stocks | $10846910 | $— | $— | $— | $10846910 |
| Warrants | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519 |
| **Total** | **$10847429** | **$—** | **$—** | **$—** | **$10847429** |

---

The carrying amount of the liability for collateral for securities loaned at January 31, 2023 approximated its fair value. If measured at fair value, such liability would have been considered as Level 2 in the fair value hierarchy (see Note 11) at January 31, 2023.

10 Investments in Affiliated Issuers and Funds

At January 31, 2023, the value of the Fund's investment in affiliated issuers and funds, including issuers and funds that may be deemed to be affiliated, was $2,544,483, which represents 0.5% of the Fund's net assets. Transactions in such investments by the Fund for the year 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** | **Units/Shares, <br> end of period** |
| **Common Stocks** | **Common Stocks** | **Common Stocks** | **Common Stocks** | **Common Stocks** | **Common Stocks** | **Common Stocks** | **Common Stocks** | **Common Stocks** |
| Mitsubishi UFJ Financial Group, Inc. | $1968704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(839023) | $12148 | $203019 | $1344848 | $49245 | &nbsp;&nbsp;&nbsp;&nbsp;183600 |
| **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** |
| Cash Reserves Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910921 | &nbsp;&nbsp;&nbsp;15941015 | &nbsp;&nbsp;&nbsp;(16851600) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(336) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207 | &nbsp;&nbsp; — |
| Liquidity Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;43090233 | &nbsp;&nbsp;&nbsp;(41890598) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;1199635 | &nbsp;&nbsp;&nbsp;13861 | 1199635 |
| **Total** |  |  |  | **$11812** | **$203019** | **$2544483** | **$63313** |  |

---

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Notes to Financial Statements — continued

------

11 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 Fund'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;&nbsp;Asia/Pacific | &nbsp;&nbsp;$1517875 | &nbsp;&nbsp;$138831250 | &nbsp;&nbsp;$44216 | &nbsp;&nbsp;$140393341 |
| &nbsp;&nbsp;&nbsp;Developed Europe | &nbsp;&nbsp;&nbsp;&nbsp; 4161492 | &nbsp;&nbsp;&nbsp;&nbsp;315672676 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;319834168 |
| &nbsp;&nbsp;&nbsp;Developed Middle East | &nbsp;&nbsp;&nbsp;&nbsp; 1576590 | &nbsp;&nbsp;&nbsp;&nbsp; 7922257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 9498847 |
| **Total Common Stocks** | &nbsp;&nbsp;**$7255957** | &nbsp;&nbsp;**$462,426,183\*\*** | &nbsp;&nbsp;**$44216** | &nbsp;&nbsp;**$469726356** |
| Warrants | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$0 | &nbsp;&nbsp;$0 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp; 1199635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1199635 |
| &nbsp;&nbsp;&nbsp;Securities Lending Collateral | &nbsp;&nbsp;&nbsp;&nbsp;10847429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10847429 |
| **Total Investments** | &nbsp;&nbsp;**$19303021** | &nbsp;&nbsp;**$462426183** | &nbsp;&nbsp;**$44216** | &nbsp;&nbsp;**$481773420** |

---

\* None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund.

\*\* 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.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the year ended January 31, 2023 is not presented.

12 Risks and Uncertainties

#### Risks Associated with Foreign Investments
Foreign investments can be adversely affected by political, economic and market developments abroad, including the imposition of economic and other sanctions by the United States or another country. There may be less publicly available information about foreign issuers because they may not be subject to reporting practices, requirements or regulations comparable to those to which United States companies are subject. Foreign markets may be smaller, less liquid and more volatile than the major markets in the United States. Trading in foreign markets typically involves higher expense than trading in the United States. The Fund may have difficulties enforcing its legal or contractual rights in a foreign country. Securities that trade or are denominated in currencies other than the U.S. dollar may be adversely affected by fluctuations in currency exchange rates.

#### Pandemic Risk
An outbreak of respiratory disease caused by a novel coronavirus was first detected in China in late 2019 and subsequently spread internationally. This coronavirus has resulted in closing borders, enhanced health screenings, changes to healthcare service preparation and delivery, quarantines, cancellations, disruptions to supply chains and customer activity, as well as general concern and uncertainty. Health crises caused by outbreaks of disease, such as the coronavirus outbreak, may exacerbate other pre-existing political, social and economic risks and disrupt normal market conditions and operations. The impact of this outbreak has negatively affected the worldwide economy, as well as the economies of individual countries and industries, and could continue to affect the market in significant and unforeseen ways. Other epidemics and pandemics that may arise in the future may have similar effects. Any such impact could adversely affect the Fund's performance, or the performance of the securities in which the Fund invests.

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Report of Independent Registered Public Accounting Firm

------

To the Trustees of Eaton Vance Mutual Funds Trust and Shareholders of Parametric International Equity Fund:

Opinion on the Financial Statements and Financial Highlights

We have audited the accompanying statement of assets and liabilities of Parametric International Equity Fund (the "Fund") (one of the funds constituting Eaton Vance Mutual Funds Trust), including the portfolio of investments, as of January 31, 2023, the related statement of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, the financial highlights for each of the five years in the period then ended, and the related notes. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Fund as of January 31, 2023, and the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended, and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Fund is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of January 31, 2023, by correspondence with the custodian and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte & Touche LLP<br> Boston, Massachusetts<br> March 22, 2023

We have served as the auditor of one or more Eaton Vance investment companies since 1959.

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Federal Tax Information (Unaudited)

------

The Form 1099-DIV you receive in February 2024 will show the tax status of all distributions paid to your account in calendar year 2023. Shareholders are advised to consult their own tax adviser with respect to the tax consequences of their investment in the Fund. As required by the Internal Revenue Code and/or regulations, shareholders must be notified regarding the status of qualified dividend income for individuals and the foreign tax credit.

**Qualified Dividend Income. For the fiscal year ended January 31, 2023, the Fund designates approximately $16,666,761, or up to the maximum amount of such dividends allowable pursuant to the Internal Revenue Code, as qualified dividend income eligible for the reduced tax rate of 15%.**

#### Foreign Tax Credit. For the fiscal year ended January 31, 2023, the Fund paid foreign taxes of $1,846,328 and recognized foreign source income of $19,129,023.

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Management and Organization

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**Fund Management. The Trustees of Eaton Vance Mutual Funds Trust (the Trust) are responsible for the overall management and supervision of the Trust's affairs. The Board members and officers of the Trust are listed below. Except as indicated, each individual has held the office shown or other offices in the same company for the last five years. Board members hold indefinite terms of office. Each Trustee holds office until his or her successor is elected and qualified, subject to a prior death, resignation, retirement, disqualification or removal. Under the terms of the Fund's current Trustee retirement policy, an Independent Trustee must retire and resign as a Trustee on the earlier of: (i) the first day of July following his or her 74th birthday; or (ii), with limited exception, December 31st of the 20th year in which he or she has served as a Trustee. However, if such retirement and resignation would cause the Fund to be out of compliance with Section 16 of the 1940 Act or any other regulations or guidance of the SEC, then such retirement and resignation will not become effective until such time as action has been taken for the Fund to be in compliance therewith. The "noninterested Trustees" consist of those Trustees who are not "interested persons" of the Trust, as that term is defined under the 1940 Act. The business address of each Board member and officer is Two International Place, Boston, Massachusetts 02110. As used below, "BMR" refers to Boston Management and Research, "EVC" refers to Eaton Vance Corp., "EV" refers to EV LLC, "EVM" refers to Eaton Vance Management and "EVD" refers to Eaton Vance Distributors, Inc. EV is the trustee of each of EVM and BMR. Effective March 1, 2021, each of EVM, BMR, EVD and EV are indirect, wholly owned subsidiaries of Morgan Stanley. Each officer affiliated with EVM may hold a position with other EVM affiliates that is comparable to his or her position with EVM listed below. Each Trustee oversees 130 funds in the Eaton Vance fund complex (including both funds and portfolios in a hub and spoke structure).**

---

| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s) and Directorships<br> During Past Five Years and Relevant Experience** |
| Interested Trustee | Interested Trustee | Interested Trustee | Interested Trustee |
| Thomas E. Faust Jr.<br> 1958 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2007 | &nbsp;&nbsp;&nbsp;Chairman of Morgan Stanley Investment Management, Inc. (MSIM), member of the Board of Managers and President of EV (since 2021), Chief Executive Officer of EVM and BMR. Formerly, Chairman, Chief Executive Officer (2007-2021) and President (2006-2021) of EVC and Director of EVD (2007-2022). Mr. Faust is an interested person because of his positions with MSIM, BMR, EVM and EV, which are affiliates of the Trust.<br> **Other Directorships.** Formerly, Director of EVC (2007-2021) and Hexavest Inc. (investment management firm) (2012-2021). |
| Noninterested Trustees | Noninterested Trustees | Noninterested Trustees | Noninterested Trustees |
| Alan C. Bowser<sup>(1)</sup><br> 1962 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2022 | &nbsp;&nbsp;&nbsp;Formerly, Chief Diversity Officer, Partner and a member of the Operating Committee, and formerly served as Senior Advisor on Diversity and Inclusion for the firm's chief executive officer, Co-Head of the Americas Region, and Senior Client Advisor of Bridgewater Associates, an asset management firm (2011- 2023).<br> **Other Directorships**. None. |
| Mark R. Fetting<br> 1954 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2016 | &nbsp;&nbsp;&nbsp;Private investor. Formerly held various positions at Legg Mason, Inc. (investment management firm) (2000-2012), including President, Chief Executive Officer, Director and Chairman (2008-2012), Senior Executive Vice President (2004-2008) and Executive Vice President (2001-2004). Formerly, President of Legg Mason family of funds (2001-2008). Formerly, Division President and Senior Officer of Prudential Financial Group, Inc. and related companies (investment management firm) (1991-2000).<br> **Other Directorships**. None. |
| Cynthia E. Frost<br> 1961 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2014 | &nbsp;&nbsp;&nbsp;Private investor. Formerly, Chief Investment Officer of Brown University (university endowment) (2000-2012). Formerly, Portfolio Strategist for Duke Management Company (university endowment manager) (1995-2000). Formerly, Managing Director, Cambridge Associates (investment consulting company) (1989-1995). Formerly, Consultant, Bain and Company (management consulting firm) (1987-1989). Formerly, Senior Equity Analyst, BA Investment Management Company (1983-1985).<br> **Other Directorships**. None. |
| George J. Gorman<br> 1952 | &nbsp;&nbsp;&nbsp;Chairperson <br> of the Board<br> and Trustee | &nbsp;&nbsp;&nbsp;Since 2021<br> (Chairperson) and<br> 2014 (Trustee) | &nbsp;&nbsp;&nbsp;Principal at George J. Gorman LLC (consulting firm). Formerly, Senior Partner at Ernst & Young LLP (a registered public accounting firm) (1974-2009).<br> **Other Directorships**. None. |

---

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Management and Organization — continued

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---

| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s) and Directorships<br> During Past Five Years and Relevant Experience** |
| Noninterested Trustees (continued) | Noninterested Trustees (continued) | Noninterested Trustees (continued) | Noninterested Trustees (continued) |
| Valerie A. Mosley<br> 1960 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2014 | &nbsp;&nbsp;&nbsp;Chairwoman and Chief Executive Officer of Valmo Ventures (a consulting and investment firm). Founder of Upward Wealth, Inc., dba BrightUp, a fintech platform. Formerly, Partner and Senior Vice President, Portfolio Manager and Investment Strategist at Wellington Management Company, LLP (investment management firm) (1992-2012). Formerly, Chief Investment Officer, PG Corbin Asset Management (1990-1992). Formerly worked in institutional corporate bond sales at Kidder Peabody (1986-1990).<br> **Other Directorships**. Director of DraftKings, Inc. (digital sports entertainment and gaming company) (since September 2020). Director of Envestnet, Inc. (provider of intelligent systems for wealth management and financial wellness) (since 2018). Formerly, Director of Dynex Capital, Inc. (mortgage REIT) (2013-2020) and Director of Groupon, Inc. (e-commerce provider) (2020-2022). |
| Keith Quinton<br> 1958 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2018 | &nbsp;&nbsp;&nbsp;Private investor, researcher and lecturer. Formerly, Independent Investment Committee Member at New Hampshire Retirement System (2017-2021). Formerly, Portfolio Manager and Senior Quantitative Analyst at Fidelity Investments (investment management firm) (2001-2014).<br> **Other Directorships**. Formerly, Director (2016-2021) and Chairman (2019-2021) of New Hampshire Municipal Bond Bank. |
| Marcus L. Smith<br> 1966 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2018 | &nbsp;&nbsp;&nbsp;Private investor and independent corporate director. Formerly, Chief Investment Officer, Canada (2012-2017), Chief Investment Officer, Asia (2010-2012), Director of Asian Research (2004-2010) and portfolio manager (2001-2017) at MFS Investment Management (investment management firm).<br> **Other Directorships**. Director of First Industrial Realty Trust, Inc. (an industrial REIT) (since 2021). Director of MSCI Inc. (global provider of investment decision support tools) (since 2017). Formerly, Director of DCT Industrial Trust Inc. (logistics real estate company) (2017-2018). |
| Susan J. Sutherland<br> 1957 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2015 | &nbsp;&nbsp;&nbsp;Private investor. Director of Ascot Group Limited and certain of its subsidiaries (insurance and reinsurance) (since 2017). Formerly, Director of Hagerty Holding Corp. (insurance) (2015-2018) and Montpelier Re Holdings Ltd. (insurance and reinsurance) (2013-2015). Formerly, Associate, Counsel and Partner at Skadden, Arps, Slate, Meagher & Flom LLP (law firm) (1982-2013).<br> **Other Directorships**. Formerly, Director of Kairos Acquisition Corp. (insurance/InsurTech acquisition company) (2021-2023). |
| Scott E. Wennerholm<br> 1959 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2016 | &nbsp;&nbsp;&nbsp;Private investor. Formerly, Trustee at Wheelock College (postsecondary institution) (2012-2018). Formerly, Consultant at GF Parish Group (executive recruiting firm) (2016-2017). Formerly, Chief Operating Officer and Executive Vice President at BNY Mellon Asset Management (investment management firm) (2005-2011). Formerly, Chief Operating Officer and Chief Financial Officer at Natixis Global Asset Management (investment management firm) (1997-2004). Formerly, Vice President at Fidelity Investments Institutional Services (investment management firm) (1994-1997).<br> **Other Directorships**. None. |
| Nancy A. Wiser<sup>(1)</sup><br> 1967 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2022 | &nbsp;&nbsp;&nbsp;Formerly, Executive Vice President and the Global Head of Operations at Wells Fargo Asset Management (2011-2021).<br> **Other Directorships**. None. |

---

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| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s)<br> During Past Five Years** |
| Principal Officers who are not Trustees | Principal Officers who are not Trustees | Principal Officers who are not Trustees | Principal Officers who are not Trustees |
| Eric A. Stein<br> 1980 | &nbsp;&nbsp;&nbsp;President | &nbsp;&nbsp;&nbsp;Since 2020 | &nbsp;&nbsp;&nbsp;Vice President and Chief Investment Officer, Fixed Income of EVM and BMR. Prior to November 1, 2020, Mr. Stein was a co-Director of Eaton Vance's Global Income Investments. Also Vice President of Calvert Research and Management ("CRM"). |
| Deidre E. Walsh<br> 1971 | &nbsp;&nbsp;&nbsp;Vice President<br> and Chief Legal Officer | &nbsp;&nbsp;&nbsp;Since 2009 | &nbsp;&nbsp;&nbsp;Vice President of EVM and BMR. Also Vice President of CRM. |
| James F. Kirchner<br> 1967 | &nbsp;&nbsp;&nbsp;Treasurer | &nbsp;&nbsp;&nbsp;Since 2007 | &nbsp;&nbsp;&nbsp;Vice President of EVM and BMR. Also Vice President of CRM. |

---

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Parametric

International Equity Fund

January 31, 2023

Management and Organization — continued

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---

| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s)<br> During Past Five Years** |
| Principal Officers who are not Trustees (continued) | Principal Officers who are not Trustees (continued) | Principal Officers who are not Trustees (continued) | Principal Officers who are not Trustees (continued) |
| Nicholas S. Di Lorenzo<br> 1987 | &nbsp;&nbsp;&nbsp;Secretary | &nbsp;&nbsp;&nbsp;Since 2022 | &nbsp;&nbsp;&nbsp;Formerly, associate (2012-2021) and counsel (2022) at Dechert LLP. |
| Richard F. Froio<br> 1968 | &nbsp;&nbsp;&nbsp;Chief Compliance<br> Officer | &nbsp;&nbsp;&nbsp;Since 2017 | &nbsp;&nbsp;&nbsp;Vice President of EVM and BMR since 2017. Formerly, Deputy Chief Compliance Officer (Adviser/Funds) and Chief Compliance Officer (Distribution) at PIMCO (2012-2017) and Managing Director at BlackRock/Barclays Global Investors (2009-2012). |

---

<sup>(1)</sup> Mr. Bowser and Ms. Wiser began serving as Trustees effective April 4, 2022.

The SAI for the Fund includes additional information about the Trustees and officers of the Fund and can be obtained without charge on Eaton Vance's website at www.eatonvance.com or by calling 1-800-260-0761.

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Eaton Vance Funds<br>

Privacy Notice April 2021

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| | |
|:---|:---|
| &nbsp;&nbsp;**FACTS** | &nbsp;&nbsp;&nbsp;**WHAT DOES EATON VANCE DO WITH YOUR<br> PERSONAL INFORMATION?** |

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Why?** | &nbsp;&nbsp;&nbsp;&nbsp;Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. |
| &nbsp;&nbsp;&nbsp;**What?** | &nbsp;&nbsp;&nbsp;&nbsp;The types of personal information we collect and share depend on the product or service you have with us. This information can include:<br>■ Social Security number and income<br> ■ investment experience and risk tolerance<br> ■ checking account number and wire transfer instructions |
| &nbsp;&nbsp;&nbsp;**How?** | &nbsp;&nbsp;&nbsp;&nbsp;All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Eaton Vance chooses to share; and whether you can limit this sharing. |

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Reasons we can share your<br> personal information** | &nbsp;&nbsp;**Does Eaton Vance<br> share?** | &nbsp;&nbsp;**Can you limit<br> this sharing?** |
| &nbsp;&nbsp;&nbsp;**For our everyday business purposes — such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No |
| &nbsp;&nbsp;&nbsp;**For our marketing purposes — to offer our products and services to you** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No |
| &nbsp;&nbsp;&nbsp;**For joint marketing with other financial companies** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |
| &nbsp;&nbsp;&nbsp;**For our investment management affiliates' everyday business purposes — information about your transactions, experiences, and creditworthiness** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;&nbsp;**For our affiliates' everyday business purposes — information about your transactions and experiences** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No |
| &nbsp;&nbsp;&nbsp;**For our affiliates' everyday business purposes — information about your creditworthiness** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |
| &nbsp;&nbsp;&nbsp;**For our investment management affiliates to market to you** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;&nbsp;**For our affiliates to market to you** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |
| &nbsp;&nbsp;&nbsp;**For nonaffiliates to market to you** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**To limit our<br> sharing** | &nbsp;&nbsp;&nbsp;&nbsp;Call toll-free 1-800-262-1122 or email: EVPrivacy@eatonvance.com<br>**Please note:**<br>If you are a *new* customer, we can begin sharing your information 30 days from the date we sent this notice. When you are *no longer* our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing. |
| &nbsp;&nbsp;&nbsp;**Questions?** | &nbsp;&nbsp;&nbsp;&nbsp;Call toll-free 1-800-262-1122 or email: EVPrivacy@eatonvance.com |

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Eaton Vance Funds<br>

Privacy Notice — continued April 2021

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---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Who we are** | &nbsp;&nbsp;&nbsp;**Who we are** |
| &nbsp;&nbsp;&nbsp;**Who is providing this notice?** | &nbsp;&nbsp;Eaton Vance Management, Eaton Vance Distributors, Inc., Eaton Vance Trust Company, Eaton Vance Management (International) Limited, Eaton Vance Advisers International Ltd., Eaton Vance Global Advisors Limited, Eaton Vance Management's Real Estate Investment Group, Boston Management and Research, Calvert Research and Management, Eaton Vance and Calvert Fund Families and our investment advisory affiliates ("Eaton Vance") (see Investment Management Affiliates definition below) |
| &nbsp;&nbsp;&nbsp;**What we do** | &nbsp;&nbsp;&nbsp;**What we do** |
| &nbsp;&nbsp;&nbsp;**How does Eaton Vance<br> protect my personal<br> information?** | &nbsp;&nbsp;To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. We have policies governing the proper handling of customer information by personnel and requiring third parties that provide support to adhere to appropriate security standards with respect to such information. |
| &nbsp;&nbsp;&nbsp;**How does Eaton Vance<br> collect my personal<br> information?** | &nbsp;&nbsp;We collect your personal information, for example, when you<br>■ open an account or make deposits or withdrawals from your account<br> ■ buy securities from us or make a wire transfer<br> ■ give us your contact information<br>We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. |
| &nbsp;&nbsp;&nbsp;**Why can't I limit all sharing?** | &nbsp;&nbsp;Federal law gives you the right to limit only<br>■ sharing for affiliates' everyday business purposes — information about your creditworthiness<br> ■ affiliates from using your information to market to you<br> ■ sharing for nonaffiliates to market to you<br>State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law. |
| &nbsp;&nbsp;&nbsp;**Definitions** | &nbsp;&nbsp;&nbsp;**Definitions** |
| &nbsp;&nbsp;&nbsp;**Investment Management<br> Affiliates** | &nbsp;&nbsp;Eaton Vance Investment Management Affiliates include registered investment advisers, registered broker- dealers, and registered and unregistered funds. Investment Management Affiliates does not include entities associated with Morgan Stanley Wealth Management, such as Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. |
| &nbsp;&nbsp;&nbsp;**Affiliates** | &nbsp;&nbsp;Companies related by common ownership or control. They can be financial and nonfinancial companies.<br>■ *Our affiliates include companies with a Morgan Stanley name and financial companies such as Morgan Stanley Smith Barney LLC and Morgan Stanley & Co.* |
| &nbsp;&nbsp;&nbsp;**Nonaffiliates** | &nbsp;&nbsp;Companies not related by common ownership or control. They can be financial and nonfinancial companies.<br>■ *Eaton Vance does not share with nonaffiliates so they can market to you.* |
| &nbsp;&nbsp;&nbsp;**Joint marketing** | &nbsp;&nbsp;A formal agreement between nonaffiliated financial companies that together market financial products or services to you.<br>■ *Eaton Vance doesn't jointly market.* |
| &nbsp;&nbsp;&nbsp;**Other important information** | &nbsp;&nbsp;&nbsp;**Other important information** |
| &nbsp;&nbsp;&nbsp;**Vermont: Except as permitted by law, we will not share personal information we collect about Vermont residents with Nonaffiliates unless you provide us with your written consent to share such information.<br>California: Except as permitted by law, we will not share personal information we collect about California residents with Nonaffiliates and we will limit sharing such personal information with our Affiliates to comply with California privacy laws that apply to us.** | &nbsp;&nbsp;&nbsp;**Vermont: Except as permitted by law, we will not share personal information we collect about Vermont residents with Nonaffiliates unless you provide us with your written consent to share such information.<br>California: Except as permitted by law, we will not share personal information we collect about California residents with Nonaffiliates and we will limit sharing such personal information with our Affiliates to comply with California privacy laws that apply to us.** |

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Eaton Vance Funds<br>

IMPORTANT NOTICES

------

**Delivery of Shareholder Documents. The Securities and Exchange Commission (SEC) permits funds to deliver only one copy of shareholder documents, including prospectuses, proxy statements and shareholder reports, to fund investors with multiple accounts at the same residential or post office box address. This practice is often called "householding" and it helps eliminate duplicate mailings to shareholders. *Eaton Vance, or your financial intermediary, may household the mailing of your documents indefinitely unless you instruct Eaton Vance, or your financial intermediary, otherwise.* If you would prefer that your Eaton Vance documents not be householded, please contact Eaton Vance at 1-800-260-0761, or contact your financial intermediary. Your instructions that householding not apply to delivery of your Eaton Vance documents will typically be effective within 30 days of receipt by Eaton Vance or your financial intermediary.**

**Portfolio Holdings. Each Eaton Vance Fund and its underlying Portfolio(s) (if applicable) files a schedule of portfolio holdings on Part F to Form N-PORT with the SEC. Certain information filed on Form N-PORT may be viewed on the Eaton Vance website at www.eatonvance.com, by calling Eaton Vance at 1-800-260-0761 or in the EDGAR database on the SEC's website at www.sec.gov.**

**Proxy Voting. From time to time, funds are required to vote proxies related to the securities held by the funds. The Eaton Vance Funds or their underlying Portfolios (if applicable) vote proxies according to a set of policies and procedures approved by the Funds' and Portfolios' Boards. You may obtain a description of these policies and procedures and information on how the Funds or Portfolios voted proxies relating to portfolio securities during the most recent 12-month period ended June 30, without charge, upon request, by calling 1-800-260-0761 and by accessing the SEC's website at www.sec.gov.**

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This Page Intentionally Left Blank

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

Investment Adviser and Administrator

#### Eaton Vance Management<br> Two International Place<br> Boston, MA 02110
Investment Sub-Adviser

#### Parametric Portfolio Associates LLC<br> 800 Fifth Avenue, Suite 2800<br> Seattle, WA 98104
Principal Underwriter\*

#### Eaton Vance Distributors, Inc.<br> Two International Place<br> Boston, MA 02110<br> (617) 482-8260
Custodian

#### State Street Bank and Trust Company<br> State Street Financial Center, One Lincoln Street<br> Boston, MA 02111
Transfer Agent

#### BNY Mellon Investment Servicing (US) Inc.<br> Attn: Eaton Vance Funds<br> P.O. Box 534439<br> Pittsburgh, PA 15253-4439<br> (800) 260-0761
Independent Registered Public Accounting Firm

#### Deloitte & Touche LLP<br> 200 Berkeley Street<br> Boston, MA 02116-5022
Fund Offices

Two International Place<br> Boston, MA 02110

\* **FINRA BrokerCheck.** Investors may check the background of their Investment Professional by contacting the Financial Industry Regulatory Authority (FINRA). FINRA BrokerCheck is a free tool to help investors check the professional background of current and former FINRA-registered securities firms and brokers. FINRA BrokerCheck is available by calling 1-800-289-9999 and at www.FINRA.org. The FINRA BrokerCheck brochure describing this program is available to investors at www.FINRA.org.

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[**Table of Contents**](#job_ev_ar_1d631bf5-c8b8-4de1-995b-6375015a4aea_toc)

4736 1.31.23

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![](g469219imgf633aac71.gif)

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## Parametric

## Emerging Markets Fund

## Annual Report
January 31, 2023

------

![](g469219img5c8d2df72.gif)

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**Commodity Futures Trading Commission Registration. The Commodity Futures Trading Commission ("CFTC") has adopted regulations that subject registered investment companies and advisers to regulation by the CFTC if a fund invests more than a prescribed level of its assets in certain CFTC-regulated instruments (including futures, certain options and swap agreements) or markets itself as providing investment exposure to such instruments. The investment adviser has claimed an exclusion from the definition of "commodity pool operator" under the Commodity Exchange Act with respect to its management of the Fund. Accordingly, neither the Fund nor the adviser with respect to the operation of the Fund is subject to CFTC regulation. Because of its management of other strategies, the Fund's adviser and Parametric Portfolio Associates LLC (Parametric), sub-adviser to the Fund, are registered with the CFTC as commodity pool operators. The adviser and Parametric are also registered as commodity trading advisors.**

**Fund shares are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Shares are subject to investment risks, including possible loss of principal invested.**

**This report must be preceded or accompanied by a current summary prospectus or prospectus. Before investing, investors should consider carefully the investment objective, risks, and charges and expenses of a mutual fund. This and other important information is contained in the summary prospectus and prospectus, which can be obtained from a financial intermediary. Prospective investors should read the prospectus carefully before investing. For further information, please call 1-800-260-0761.**

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#### Annual Report January 31, 2023
Parametric

Emerging Markets Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_6fd229fe-fb97-44cd-a1ad-25f7af14c553_1)** |  |
| [Management's Discussion of Fund Performance](#xx_1cf65c7f-de22-47b5-af71-badd2e24ea83_1) | &nbsp;&nbsp;&nbsp;&nbsp;2 |
| [Performance](#xx_1cf65c7f-de22-47b5-af71-badd2e24ea83_2) | &nbsp;&nbsp;&nbsp;&nbsp;3 |
| [Fund Profile](#xx_1cf65c7f-de22-47b5-af71-badd2e24ea83_3) | &nbsp;&nbsp;&nbsp;&nbsp;4 |
| [Endnotes and Additional Disclosures](#xx_277fb55e-4857-4e10-83f6-40aa7d7b692a_1) | &nbsp;&nbsp;&nbsp;&nbsp;5 |
| [Fund Expenses](#xx_832865ec-be6d-455d-a3dc-da2bdade2e80_1) | &nbsp;&nbsp;&nbsp;&nbsp;6 |
| [Financial Statements](#xx_9bfa57f3-7ad6-477d-8895-328ecf4953f7_1) | &nbsp;&nbsp;&nbsp;&nbsp;7 |
| [Report of Independent Registered Public Accounting Firm](#xx_35545057-d337-43d1-83e3-8ecd41736797_1) | &nbsp;&nbsp;&nbsp;&nbsp;39 |
| [Federal Tax Information](#xx_92b90070-45f7-4e68-89d0-5f3f6767cbd5_1) | &nbsp;&nbsp;&nbsp;&nbsp;40 |
| [Management and Organization](#xx_96ab835e-3169-4482-9a7a-c2eb2d63d6c7_1) | &nbsp;&nbsp;&nbsp;&nbsp;41 |
| [Privacy Notice](#xx_676b9998-f568-4309-9788-77f6e26d572b_1) | &nbsp;&nbsp;&nbsp;&nbsp;44 |
| [Important Notices](#xx_ab100cad-b2cc-4499-86b6-ea5cbfa22d6c_1) | &nbsp;&nbsp;&nbsp;&nbsp;46 |

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Management's Discussion of Fund Performance<sup>†</sup>

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Economic and Market Conditions

Emerging-market (EM) equities fell meaningfully in 2022, impacted by high inflation, rising interest rates, a strong U.S. dollar, and Russia's invasion of Ukraine. The MSCI Emerging Markets Index (the Index) returned -12.12% during the 12-month period ended January 31, 2023. Negative performance was influenced by weakness in parts of Asia and Europe, though pockets of strength could be found. In addition, a rally in commodity prices buoyed natural resource-rich countries during the period.

Though not the worst-performing country, China was the predominant source of Index weakness during the period. Bejing's ongoing regulatory crackdowns, along with its draconian zero-COVID policy, were the main sources of poor performance during the period. South Korea and Taiwan also faced negative impacts from a slowdown in China's economy as diminished exports to their populous neighbor dragged down both countries. A global pullback in technology shares during the period was an additional source of trouble for the three Asian countries.

In Europe, performance was challenged by geopolitical conflict, with emerging markets located close to the war in Ukraine and countries reliant on Russian energy taking the brunt of the losses, which included double-digit declines in Hungary and Poland. Further weighing on EM returns was Russia's removal from the Index at zero value after the country was deemed "uninvestable."

On the other hand, Turkey's stock market gained over 65% as investors sought refuge to hedge high inflation within the country. More broadly, resilient commodity prices amid rising global inflation provided an economic backstop for many Latin American countries, with Brazil, Chile, and Mexico delivering solid performance gains during the period.

Fund Performance

For the 12-month period ended January 31, 2023, Parametric Emerging Markets Fund (the Fund) returned -6.32% for Class A shares at net asset value, outperforming its benchmark, the Index, which returned -12.12%.

The Fund's emphasis on diversification -- via a system of targeting country weights and systematically rebalancing them back to those target weights -- contributed to performance relative to the Index during the period. Based on diversification targets, the Fund held underweight exposures to larger countries, and overweight exposures to smaller countries during the period. The Fund's emphasis on diversification at the sector level also helped relative returns in each emerging market. The Fund's inclusion of out-of-Index frontier market countries was an additional source of outperformance during the period.

An overweight exposure to Turkey contributed to performance relative to the Index during the period. Turkey was the best-performing emerging market, advancing over 65% as local investors plowed assets into its stock market in hopes of outpacing inflation. The Fund's overweight exposure to Thailand also benefited relative performance during the period. Thailand's stock market advanced on broad strength across sectors, including a significant jump in health care and technology shares. Furthermore, an underweight position in Taiwan helped returns, as a strong decline in technology shares detracted from performance versus the Index during the period.

In contrast, an underweight exposure to India detracted from returns relative to the Index. India's stock market outperformed the Index during the period due to solid gains from its industrials and consumer staples sectors. The Fund's sector allocations in Brazil also negatively impacted relative performance, largely due to an overweight position in health care, which fell significantly. In addition, the Fund's inclusion of Vietnam detracted from relative returns during the period.

*See Endnotes and Additional Disclosures in this report.*

*Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) or offering price (as applicable) with all distributions reinvested. Furthermore, returns do not reflect the deduction of taxes that shareholders may have to pay on Fund distributions or upon the redemption of Fund shares. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance for periods less than or equal to one year is cumulative. Performance is for the stated time period only; due to market volatility, current Fund performance may be lower or higher than the quoted return. For performance as of the most recent month-end, please refer to eatonvance.com.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Performance

------

#### Portfolio Manager(s) Thomas C. Seto, Paul Bouchey, CFA and Jennifer Sireklove, CFA, each of Parametric Portfolio Associates LLC

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **% Average Annual Total Returns<sup>1,2</sup>** | **Class <br> Inception Date** | **Performance <br> Inception Date** | **One Year** | **Five Years** | **Ten Years** |
| &nbsp;&nbsp;Class A at NAV | 06/30/2006 | 06/30/2006 | &nbsp;&nbsp;&nbsp;(6.32)% | (2.00)% | 0.82% |
| &nbsp;&nbsp;Class A with 5.25% Maximum Sales Charge |  |  | (11.25) | (3.05) | 0.27 |
| &nbsp;&nbsp;Class C at NAV | 06/30/2006 | 06/30/2006 | &nbsp;&nbsp;&nbsp;(6.93) | (2.73) | 0.22 |
| &nbsp;&nbsp;Class C with 1% Maximum Deferred Sales Charge |  |  | &nbsp;&nbsp;&nbsp;(7.83) | (2.73) | 0.22 |
| &nbsp;&nbsp;Class I at NAV | 06/30/2006 | 06/30/2006 | &nbsp;&nbsp;&nbsp;(6.07) | (1.75) | 1.07 |
| &nbsp;&nbsp;Class R6 at NAV | 07/01/2014 | 06/30/2006 | &nbsp;&nbsp;&nbsp;(5.99) | (1.69) | 1.12 |
| &nbsp;&nbsp;MSCI Emerging Markets Index |  |  | (12.12)% | (1.48)% | 2.07% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **% Total Annual Operating Expense Ratios<sup>3</sup>** | **Class A** | **Class C** | **Class I** | **Class R6** |
|  | 1.58% | 2.33% | 1.33% | 1.24% |

---

Growth of $10,000

------

This graph shows the change in value of a hypothetical investment of $10,000 in Class A of the Fund for the period indicated. For comparison, the same investment is shown in the indicated index.

![](g469219img025bb5143.jpg)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Growth of Investment<sup>2</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Amount Invested** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Period Beginning** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**At NAV** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**With Maximum Sales Charge** |
| &nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01/31/2013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N.A. |
| &nbsp;&nbsp;Class I, at minimum investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01/31/2013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1111958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N.A. |
| &nbsp;&nbsp;Class R6, at minimum investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;01/31/2013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5591318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N.A. |

---

*See Endnotes and Additional Disclosures in this report.*

*Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) or offering price (as applicable) with all distributions reinvested. Furthermore, returns do not reflect the deduction of taxes that shareholders may have to pay on Fund distributions or upon the redemption of Fund shares. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance for periods less than or equal to one year is cumulative. Performance is for the stated time period only; due to market volatility, current Fund performance may be lower or higher than the quoted return. For performance as of the most recent month-end, please refer to eatonvance.com.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Fund Profile

------

Sector Allocation (% of net assets)<sup>1</sup>

![](g469219img5757ce774.jpg)

Geographic Allocation (% of common stocks)

![](g469219img5152c4455.jpg)

---

| | |
|:---|:---|
| Top 10 Holdings (% of net assets)<sup>1</sup> | Top 10 Holdings (% of net assets)<sup>1</sup> |
| Tencent Holdings, Ltd. | &nbsp;&nbsp;&nbsp;1.2% |
| Taiwan Semiconductor Manufacturing Co., Ltd. | &nbsp;&nbsp;&nbsp;1.0 |
| Delta Electronics (Thailand) PCL | &nbsp;&nbsp;&nbsp;0.8 |
| Samsung Electronics Co., Ltd. | &nbsp;&nbsp;&nbsp;0.8 |
| America Movil SAB de CV, Series L | &nbsp;&nbsp;&nbsp;0.7 |
| Turkiye Petrol Rafinerileri AS | &nbsp;&nbsp;&nbsp;0.7 |
| Naspers, Ltd., Class N | &nbsp;&nbsp;&nbsp;0.6 |
| Reliance Industries, Ltd. | &nbsp;&nbsp;&nbsp;0.5 |
| Alibaba Group Holding, Ltd. ADR | &nbsp;&nbsp;&nbsp;0.5 |
| Saudi Arabian Oil Co. | &nbsp;&nbsp;&nbsp;0.5 |
| **Total** | &nbsp;&nbsp;**7.3%** |

---

Footnotes:

<sup>1</sup> Excludes cash and cash equivalents.

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Endnotes and Additional Disclosures

------

† The views expressed in this
report are those of the portfolio manager(s) and are current only through the date stated at the top of this page. These views are subject to change at any time based upon market or other conditions, and Eaton Vance and the Fund(s) disclaim any
responsibility to update such views. These views may not be relied upon as investment advice and, because investment decisions are based on many factors, may not be relied upon as an indication of trading intent on behalf of any Eaton Vance fund.
This commentary may contain statements that are not historical facts, referred to as "forward-looking statements." The Fund's actual future results may differ significantly from those stated in any forward-looking statement,
depending on factors such as changes in securities or financial markets or general economic conditions, the volume of sales and purchases of Fund shares, the continuation of investment advisory, administrative and service contracts, and other risks
discussed from time to time in the Fund's filings with the Securities and Exchange Commission.

<sup>1</sup> MSCI Emerging Markets Index is an unmanaged index of emerging markets common stocks. MSCI indexes are net of foreign withholding taxes. Source: MSCI. MSCI data may not be reproduced or used for any other purpose. MSCI provides no warranties, has not prepared or approved this report, and has no liability hereunder. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index.

<sup>2</sup> Total Returns at NAV do not include applicable sales charges. If sales charges were deducted, the returns would be lower. Total Returns shown with maximum sales charge reflect the stated maximum sales charge. Unless otherwise stated, performance does not reflect the deduction of taxes on Fund distributions or redemptions of Fund shares.Effective November 5, 2020, Class C shares automatically convert to Class A shares eight years after purchase. The average annual total returns listed for Class C reflect conversion to Class A shares after eight years. Prior to November 5, 2020, Class C shares automatically converted to Class A shares ten years after purchase.Performance prior to the inception date of a class may be linked to the performance of an older class of the Fund. This linked performance is adjusted for any applicable sales charge, but is not adjusted for class expense differences. If adjusted for such differences, the performance would be different. The performance of Class R6 is linked to Class I. Performance presented in the Financial Highlights included in the financial statements is not linked.

<sup>3</sup> Source: Fund prospectus. The expense ratios for the current reporting period can be found in the Financial Highlights section of this report. Performance reflects expenses waived and/or reimbursed, if applicable. Without such waivers and/or reimbursements, performance would have been lower.

Fund profile subject to change due to active management.

---

| |
|:---|
| Important Notice to Shareholders |
| Effective April 29, 2022, the Fund's Investor Class shares were redesignated as Class A shares. Class A shares are subject to a front-end sales charge, subject to certain exceptions. Former Investor Class shareholders, who established their Fund accounts before April 29, 2022, did not pay a sales charge in connection with the redesignation or will not be subject to this sales charge on future purchases of Class A shares for such accounts. Effective April 29, 2022, the Fund's Institutional Class shares were redesignated as Class I shares. This share class redesignation did not result in changes to the annual operating expenses of Class I or the Fund. |
| Additional Information |
| Diversification cannot ensure a profit or eliminate the risk of loss. |

---

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Fund Expenses

------

#### Example
As a Fund shareholder, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchases; and (2) ongoing costs, including management fees; distribution and/or service fees; and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of Fund investing and to compare these costs with the ongoing costs of investing in other mutual funds. The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (August 1, 2022 to January 31, 2023).

#### Actual Expenses
The first section of the table below provides information about actual account values and actual expenses. You may use the information in this section, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first section under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period.

#### Hypothetical Example for Comparison Purposes
The second section of the table below provides information about hypothetical account values and hypothetical expenses based on the actual Fund expense ratio and an assumed rate of return of 5% per year (before expenses), which is not the actual Fund return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads). Therefore, the second section of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Beginning <br> Account Value<br> (8/1/22)** | &nbsp;&nbsp;&nbsp;&nbsp;**Ending <br> Account Value<br> (1/31/23)** | &nbsp;&nbsp;&nbsp;&nbsp;**Expenses Paid<br> During Period\*<br> (8/1/22 – 1/31/23)** | &nbsp;&nbsp;&nbsp;&nbsp;**Annualized <br> Expense<br> Ratio** |
| **Actual** |  |  |  |  |
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1080.50 | &nbsp;&nbsp;&nbsp;&nbsp;$8.97 | &nbsp;&nbsp;&nbsp;&nbsp;1.71% |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1076.70 | &nbsp;&nbsp;&nbsp;&nbsp;$12.88 | &nbsp;&nbsp;&nbsp;&nbsp;2.46% |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1081.90 | &nbsp;&nbsp;&nbsp;&nbsp;$7.66 | &nbsp;&nbsp;&nbsp;&nbsp;1.46% |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1082.10 | &nbsp;&nbsp;&nbsp;&nbsp;$7.29 | &nbsp;&nbsp;&nbsp;&nbsp;1.39% |
| **Hypothetical** |  |  |  |  |
| (5% return per year before expenses) |  |  |  |  |
| Class A | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1016.59 | &nbsp;&nbsp;&nbsp;&nbsp;$8.69 | &nbsp;&nbsp;&nbsp;&nbsp;1.71% |
| Class C | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1012.80 | &nbsp;&nbsp;&nbsp;&nbsp;$12.48 | &nbsp;&nbsp;&nbsp;&nbsp;2.46% |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1017.85 | &nbsp;&nbsp;&nbsp;&nbsp;$7.43 | &nbsp;&nbsp;&nbsp;&nbsp;1.46% |
| Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1018.20 | &nbsp;&nbsp;&nbsp;&nbsp;$7.07 | &nbsp;&nbsp;&nbsp;&nbsp;1.39% |

---

\* Expenses are equal to the Fund's annualized expense ratio for the indicated Class, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). The Example assumes that the $1,000 was invested at the net asset value per share determined at the close of business on July 31, 2022.

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments

------

Common Stocks — 99.8%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Argentina — 0.6% | Argentina — 0.6% | Argentina — 0.6% |
| Arcos Dorados Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8100 | &nbsp;&nbsp;$68850 |
| Cresud S.A. ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;&nbsp;&nbsp; 59682 |
| Grupo Financiero Galicia S.A. ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4627 | &nbsp;&nbsp;&nbsp;&nbsp; 62002 |
| Loma Negra Cia Industrial Argentina S.A. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7724 | &nbsp;&nbsp;&nbsp;&nbsp; 55072 |
| MercadoLibre, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645 | &nbsp;&nbsp;&nbsp;&nbsp; 762190 |
| Pampa Energia S.A. ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1279 | &nbsp;&nbsp;&nbsp;&nbsp; 43269 |
| Telecom Argentina S.A. ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6900 | &nbsp;&nbsp;&nbsp;&nbsp; 44298 |
| Transportadora de Gas del Sur S.A. ADR<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5663 | &nbsp;&nbsp;&nbsp;&nbsp; 63312 |
| YPF S.A. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11024 | &nbsp;&nbsp;&nbsp;&nbsp; 131737 |
|  |  | &nbsp;&nbsp;**$1290412** |
| Bahrain — 0.2% | Bahrain — 0.2% | Bahrain — 0.2% |
| Al Salam Bank BSC | &nbsp;&nbsp;&nbsp;&nbsp;590490 | &nbsp;&nbsp;$158274 |
| GFH Financial Group BSC | &nbsp;&nbsp;&nbsp;&nbsp;612932 | &nbsp;&nbsp;&nbsp;&nbsp; 152651 |
|  |  | &nbsp;&nbsp;**$310925** |
| Bangladesh — 0.6% | Bangladesh — 0.6% | Bangladesh — 0.6% |
| Bangladesh Export Import Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66933 | &nbsp;&nbsp;$72464 |
| Beximco Pharmaceuticals, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;106430 | &nbsp;&nbsp;&nbsp;&nbsp; 145915 |
| City Bank, Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp;280084 | &nbsp;&nbsp;&nbsp;&nbsp; 57208 |
| Grameenphone, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18840 | &nbsp;&nbsp;&nbsp;&nbsp; 50577 |
| Heidelberger Cement Bangladesh, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18065 | &nbsp;&nbsp;&nbsp;&nbsp; 30325 |
| Jamuna Oil Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22841 | &nbsp;&nbsp;&nbsp;&nbsp; 36498 |
| Olympic Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41067 | &nbsp;&nbsp;&nbsp;&nbsp; 53206 |
| Pubali Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;240880 | &nbsp;&nbsp;&nbsp;&nbsp; 59535 |
| Renata, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6549 | &nbsp;&nbsp;&nbsp;&nbsp; 74708 |
| Square Pharmaceuticals, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;171709 | &nbsp;&nbsp;&nbsp;&nbsp; 337516 |
| Summit Power, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;107026 | &nbsp;&nbsp;&nbsp;&nbsp; 34106 |
| Titas Gas Transmission & Distribution Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;150108 | &nbsp;&nbsp;&nbsp;&nbsp; 57517 |
| Unique Hotel & Resorts, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;114627 | &nbsp;&nbsp;&nbsp;&nbsp; 73554 |
| United Commercial Bank, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;672785 | &nbsp;&nbsp;&nbsp;&nbsp; 81995 |
|  |  | &nbsp;&nbsp;**$1165124** |
| Botswana — 0.6% | Botswana — 0.6% | Botswana — 0.6% |
| Botswana Insurance Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81055 | &nbsp;&nbsp;$111749 |
| First National Bank of Botswana, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;546849 | &nbsp;&nbsp;&nbsp;&nbsp; 149035 |
| Letshego Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;948236 | &nbsp;&nbsp;&nbsp;&nbsp; 92494 |
| Sechaba Breweries Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;581828 | &nbsp;&nbsp;&nbsp;&nbsp; 899112 |
|  |  | &nbsp;&nbsp;**$1252390** |
| Brazil — 4.0% | Brazil — 4.0% | Brazil — 4.0% |
| Alpargatas S.A., PFC Shares<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14500 | &nbsp;&nbsp;$38876 |
| AMBEV S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76550 | &nbsp;&nbsp;&nbsp;&nbsp; 205991 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Brazil (continued) | Brazil (continued) | Brazil (continued) |
| Americanas S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37771 | &nbsp;&nbsp;$13021 |
| B3 S.A. - Brasil Bolsa Balcao | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;&nbsp; 66379 |
| Banco Bradesco S.A., PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43292 | &nbsp;&nbsp;&nbsp;&nbsp; 119566 |
| Banco do Brasil S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9098 | &nbsp;&nbsp;&nbsp;&nbsp; 72945 |
| BRF S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20640 | &nbsp;&nbsp;&nbsp;&nbsp; 32365 |
| CCR S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26700 | &nbsp;&nbsp;&nbsp;&nbsp; 61855 |
| Centrais Eletricas Brasileiras S.A., PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33600 | &nbsp;&nbsp;&nbsp;&nbsp; 281109 |
| Cia de Saneamento Basico do Estado de Sao Paulo | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12660 | &nbsp;&nbsp;&nbsp;&nbsp; 138813 |
| Cielo S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91406 | &nbsp;&nbsp;&nbsp;&nbsp; 90212 |
| Cogna Educacao<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95936 | &nbsp;&nbsp;&nbsp;&nbsp; 44979 |
| Cosan S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39700 | &nbsp;&nbsp;&nbsp;&nbsp; 130605 |
| Embraer S.A. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9248 | &nbsp;&nbsp;&nbsp;&nbsp; 119207 |
| Engie Brasil Energia S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16250 | &nbsp;&nbsp;&nbsp;&nbsp; 125965 |
| Equatorial Energia S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13200 | &nbsp;&nbsp;&nbsp;&nbsp; 72861 |
| Fleury S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29900 | &nbsp;&nbsp;&nbsp;&nbsp; 91179 |
| Gerdau S.A., PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15900 | &nbsp;&nbsp;&nbsp;&nbsp; 102548 |
| GRUPO DE MODA SOMA S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36077 | &nbsp;&nbsp;&nbsp;&nbsp; 74623 |
| Hapvida Participacoes e Investimentos S.A.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;374920 | &nbsp;&nbsp;&nbsp;&nbsp; 380363 |
| Hypera S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36000 | &nbsp;&nbsp;&nbsp;&nbsp; 329059 |
| Iochpe Maxion S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22100 | &nbsp;&nbsp;&nbsp;&nbsp; 49892 |
| Itau Unibanco Holding S.A., PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30120 | &nbsp;&nbsp;&nbsp;&nbsp; 150294 |
| Itausa S.A., PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55756 | &nbsp;&nbsp;&nbsp;&nbsp; 93690 |
| JBS S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20225 | &nbsp;&nbsp;&nbsp;&nbsp; 80003 |
| Klabin S.A., PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;103800 | &nbsp;&nbsp;&nbsp;&nbsp; 79338 |
| Localiza Rent a Car S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20789 | &nbsp;&nbsp;&nbsp;&nbsp; 242483 |
| Locaweb Servicos de Internet S.A.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34800 | &nbsp;&nbsp;&nbsp;&nbsp; 43943 |
| Lojas Renner S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37084 | &nbsp;&nbsp;&nbsp;&nbsp; 158014 |
| Magazine Luiza S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;139900 | &nbsp;&nbsp;&nbsp;&nbsp; 122088 |
| Marfrig Global Foods S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38855 | &nbsp;&nbsp;&nbsp;&nbsp; 58937 |
| Multiplan Empreendimentos Imobiliarios S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30700 | &nbsp;&nbsp;&nbsp;&nbsp; 143875 |
| Natura & Co. Holding S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23300 | &nbsp;&nbsp;&nbsp;&nbsp; 66784 |
| Pagseguro Digital, Ltd., Class A<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17400 | &nbsp;&nbsp;&nbsp;&nbsp; 175566 |
| Petroleo Brasileiro S.A., PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;169800 | &nbsp;&nbsp;&nbsp;&nbsp; 872030 |
| Raia Drogasil S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31100 | &nbsp;&nbsp;&nbsp;&nbsp; 152121 |
| Rede D'Or Sao Luiz S.A.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64500 | &nbsp;&nbsp;&nbsp;&nbsp; 405325 |
| Rumo S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23319 | &nbsp;&nbsp;&nbsp;&nbsp; 84432 |
| Sendas Distribuidora S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30845 | &nbsp;&nbsp;&nbsp;&nbsp; 119399 |
| StoneCo, Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28800 | &nbsp;&nbsp;&nbsp;&nbsp; 321408 |
| Suzano S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10620 | &nbsp;&nbsp;&nbsp;&nbsp; 96989 |
| Telefonica Brasil S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38100 | &nbsp;&nbsp;&nbsp;&nbsp; 313879 |
| TIM S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80550 | &nbsp;&nbsp;&nbsp;&nbsp; 187082 |
| TOTVS S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43070 | &nbsp;&nbsp;&nbsp;&nbsp; 255130 |
| Transmissora Alianca de Energia Electrica S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11200 | &nbsp;&nbsp;&nbsp;&nbsp; 81767 |
| Ultrapar Participacoes S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46968 | &nbsp;&nbsp;&nbsp;&nbsp; 122039 |
| Vale S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40747 | &nbsp;&nbsp;&nbsp;&nbsp; 758623 |
| Via S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79000 | &nbsp;&nbsp;&nbsp;&nbsp; 37350 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Brazil (continued) | Brazil (continued) | Brazil (continued) |
| Vibra Energia S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59200 | &nbsp;&nbsp;$191957 |
| Weg S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29004 | &nbsp;&nbsp;&nbsp;&nbsp; 218488 |
| YDUQS Participacoes S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24300 | &nbsp;&nbsp;&nbsp;&nbsp; 49449 |
|  |  | &nbsp;&nbsp;**$8324896** |
| Bulgaria — 0.2% | Bulgaria — 0.2% | Bulgaria — 0.2% |
| CB First Investment Bank AD<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;101904 | &nbsp;&nbsp;$133276 |
| Chimimport AD<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;164922 | &nbsp;&nbsp;&nbsp;&nbsp; 72341 |
| MonBat AD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28235 | &nbsp;&nbsp;&nbsp;&nbsp; 67416 |
| Sopharma AD<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61906 | &nbsp;&nbsp;&nbsp;&nbsp; 153052 |
|  |  | &nbsp;&nbsp;**$426085** |
| Chile — 2.6% | Chile — 2.6% | Chile — 2.6% |
| Aguas Andinas S.A., Series A | &nbsp;&nbsp;&nbsp;&nbsp;483322 | &nbsp;&nbsp;$115893 |
| Banco de Chile | 2960094 | &nbsp;&nbsp;&nbsp;&nbsp; 323441 |
| Banco de Credito e Inversiones S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3051 | &nbsp;&nbsp;&nbsp;&nbsp; 91982 |
| Banco Santander Chile | 3218212 | &nbsp;&nbsp;&nbsp;&nbsp; 135334 |
| CAP S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7626 | &nbsp;&nbsp;&nbsp;&nbsp; 70437 |
| Cencosud S.A. | &nbsp;&nbsp;&nbsp;&nbsp;243352 | &nbsp;&nbsp;&nbsp;&nbsp; 437252 |
| Cia Cervecerias Unidas S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16853 | &nbsp;&nbsp;&nbsp;&nbsp; 129674 |
| Cia Sud Americana de Vapores S.A. | 4277766 | &nbsp;&nbsp;&nbsp;&nbsp; 371837 |
| Colbun S.A. | 1199487 | &nbsp;&nbsp;&nbsp;&nbsp; 139780 |
| Embotelladora Andina S.A., Class B, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51948 | &nbsp;&nbsp;&nbsp;&nbsp; 128972 |
| Empresa Nacional de Telecomunicaciones S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24183 | &nbsp;&nbsp;&nbsp;&nbsp; 92761 |
| Empresas CMPC S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98316 | &nbsp;&nbsp;&nbsp;&nbsp; 169064 |
| Empresas COPEC S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75124 | &nbsp;&nbsp;&nbsp;&nbsp; 566642 |
| Enel Americas S.A. | 2767585 | &nbsp;&nbsp;&nbsp;&nbsp; 366534 |
| Enel Chile S.A. | 4067614 | &nbsp;&nbsp;&nbsp;&nbsp; 191608 |
| Falabella S.A. | &nbsp;&nbsp;&nbsp;&nbsp;131123 | &nbsp;&nbsp;&nbsp;&nbsp; 304841 |
| Parque Arauco S.A. | &nbsp;&nbsp;&nbsp;&nbsp;232299 | &nbsp;&nbsp;&nbsp;&nbsp; 299191 |
| Ripley Corp. S.A. | &nbsp;&nbsp;&nbsp;&nbsp;484810 | &nbsp;&nbsp;&nbsp;&nbsp; 100972 |
| Sociedad Matriz SAAM S.A. | 1031318 | &nbsp;&nbsp;&nbsp;&nbsp; 122058 |
| Sociedad Quimica y Minera de Chile S.A., Series B, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;&nbsp; 915560 |
| Sonda S.A. | &nbsp;&nbsp;&nbsp;&nbsp;225936 | &nbsp;&nbsp;&nbsp;&nbsp; 112091 |
| Vina Concha y Toro S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92943 | &nbsp;&nbsp;&nbsp;&nbsp; 118764 |
|  |  | &nbsp;&nbsp;**$5304688** |
| China — 18.0% | China — 18.0% | China — 18.0% |
| 3SBio, Inc.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98000 | &nbsp;&nbsp;$106744 |
| AAC Technologies Holdings, Inc.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69500 | &nbsp;&nbsp;&nbsp;&nbsp; 185203 |
| Aier Eye Hospital Group Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18542 | &nbsp;&nbsp;&nbsp;&nbsp; 90563 |
| Air China, Ltd., Class H<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;178000 | &nbsp;&nbsp;&nbsp;&nbsp; 158844 |
| Alibaba Group Holding, Ltd. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp; 1057920 |
| Aluminum Corp. of China, Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;352000 | &nbsp;&nbsp;&nbsp;&nbsp; 188107 |
| Angang Steel Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;306400 | &nbsp;&nbsp;&nbsp;&nbsp; 94826 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| China (continued) | China (continued) | China (continued) |
| Anhui Conch Cement Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54500 | &nbsp;&nbsp;$206905 |
| ANTA Sports Products, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp; 227529 |
| Baidu, Inc. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3632 | &nbsp;&nbsp;&nbsp;&nbsp; 489158 |
| Bank of Beijing Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;182760 | &nbsp;&nbsp;&nbsp;&nbsp; 115104 |
| Bank of China, Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;536000 | &nbsp;&nbsp;&nbsp;&nbsp; 204036 |
| Bank of Ningbo Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19850 | &nbsp;&nbsp;&nbsp;&nbsp; 96712 |
| BeiGene, Ltd. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 384000 |
| Beijing Capital International Airport Co., Ltd., Class H<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;308000 | &nbsp;&nbsp;&nbsp;&nbsp; 234251 |
| Beijing Enterprises Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39500 | &nbsp;&nbsp;&nbsp;&nbsp; 134134 |
| Beijing Enterprises Water Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;290000 | &nbsp;&nbsp;&nbsp;&nbsp; 74105 |
| Beijing Originwater Technology Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39363 | &nbsp;&nbsp;&nbsp;&nbsp; 28613 |
| BOE Technology Group Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;341100 | &nbsp;&nbsp;&nbsp;&nbsp; 201477 |
| Brilliance China Automotive Holdings, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;326000 | &nbsp;&nbsp;&nbsp;&nbsp; 193631 |
| BYD Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7654 | &nbsp;&nbsp;&nbsp;&nbsp; 242383 |
| BYD Electronic (International) Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29000 | &nbsp;&nbsp;&nbsp;&nbsp; 100518 |
| Changchun High & New Technology Industry Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6200 | &nbsp;&nbsp;&nbsp;&nbsp; 185138 |
| Changjiang Securities Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;112200 | &nbsp;&nbsp;&nbsp;&nbsp; 95745 |
| Chengdu Xingrong Environment Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;125700 | &nbsp;&nbsp;&nbsp;&nbsp; 93350 |
| China Coal Energy Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;144000 | &nbsp;&nbsp;&nbsp;&nbsp; 115557 |
| China Communications Services Corp., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp; 44904 |
| China Construction Bank Corp., Class H | &nbsp;&nbsp;&nbsp;&nbsp;530630 | &nbsp;&nbsp;&nbsp;&nbsp; 343472 |
| China Everbright Environment Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;234925 | &nbsp;&nbsp;&nbsp;&nbsp; 104467 |
| China Gas Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;165400 | &nbsp;&nbsp;&nbsp;&nbsp; 257498 |
| China Jinmao Holdings Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;352000 | &nbsp;&nbsp;&nbsp;&nbsp; 80853 |
| China Life Insurance Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92000 | &nbsp;&nbsp;&nbsp;&nbsp; 169351 |
| China Longyuan Power Group Corp., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;188000 | &nbsp;&nbsp;&nbsp;&nbsp; 259523 |
| China Mengniu Dairy Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58000 | &nbsp;&nbsp;&nbsp;&nbsp; 279785 |
| China Merchants Bank Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35024 | &nbsp;&nbsp;&nbsp;&nbsp; 227170 |
| China Merchants Port Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42035 | &nbsp;&nbsp;&nbsp;&nbsp; 58926 |
| China Merchants Shekou Industrial Zone Holdings Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74674 | &nbsp;&nbsp;&nbsp;&nbsp; 164472 |
| China National Building Material Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;166000 | &nbsp;&nbsp;&nbsp;&nbsp; 152314 |
| China Northern Rare Earth Group High-Tech Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15200 | &nbsp;&nbsp;&nbsp;&nbsp; 65589 |
| China Oilfield Services, Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;198000 | &nbsp;&nbsp;&nbsp;&nbsp; 239982 |
| China Overseas Land & Investment, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;115160 | &nbsp;&nbsp;&nbsp;&nbsp; 310963 |
| China Petroleum & Chemical Corp., Class H | 1449741 | &nbsp;&nbsp;&nbsp;&nbsp; 782816 |
| China Railway Group, Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;281000 | &nbsp;&nbsp;&nbsp;&nbsp; 153295 |
| China Resources Beer Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;&nbsp; 255961 |
| China Resources Gas Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64000 | &nbsp;&nbsp;&nbsp;&nbsp; 269135 |
| China Resources Land, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86000 | &nbsp;&nbsp;&nbsp;&nbsp; 412160 |
| China Resources Medical Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;163000 | &nbsp;&nbsp;&nbsp;&nbsp; 127579 |
| China Resources Power Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;139600 | &nbsp;&nbsp;&nbsp;&nbsp; 290780 |
| China Shenhua Energy Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;213500 | &nbsp;&nbsp;&nbsp;&nbsp; 664544 |
| China Shineway Pharmaceutical Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp; 102696 |
| China Southern Airlines Co., Ltd., Class H<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;108000 | &nbsp;&nbsp;&nbsp;&nbsp; 71741 |
| China State Construction Engineering Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;156440 | &nbsp;&nbsp;&nbsp;&nbsp; 128563 |

---

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| China (continued) | China (continued) | China (continued) |
| China Tourism Group Duty Free Corp., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;$212147 |
| China Travel International Investment Hong Kong, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;714855 | &nbsp;&nbsp;&nbsp;&nbsp; 152631 |
| China Vanke Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;149577 | &nbsp;&nbsp;&nbsp;&nbsp; 302370 |
| China Yangtze Power Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;162200 | &nbsp;&nbsp;&nbsp;&nbsp; 499576 |
| Chongqing Changan Automobile Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93626 | &nbsp;&nbsp;&nbsp;&nbsp; 197117 |
| CIFI Holdings Group Co., Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;388960 | &nbsp;&nbsp;&nbsp;&nbsp; 57716 |
| CITIC, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;142000 | &nbsp;&nbsp;&nbsp;&nbsp; 166164 |
| CMOC Group, Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;366000 | &nbsp;&nbsp;&nbsp;&nbsp; 211842 |
| COSCO SHIPPING Energy Transportation Co., Ltd., Class H<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;186000 | &nbsp;&nbsp;&nbsp;&nbsp; 175230 |
| COSCO SHIPPING Holdings Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;198866 | &nbsp;&nbsp;&nbsp;&nbsp; 206280 |
| COSCO SHIPPING Ports, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp; 83216 |
| Country Garden Holdings Co., Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;400880 | &nbsp;&nbsp;&nbsp;&nbsp; 150423 |
| Country Garden Services Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56589 | &nbsp;&nbsp;&nbsp;&nbsp; 152986 |
| CSPC Pharmaceutical Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;239760 | &nbsp;&nbsp;&nbsp;&nbsp; 273375 |
| Daqo New Energy Corp. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp; 86469 |
| Dong-E-E-Jiao Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16200 | &nbsp;&nbsp;&nbsp;&nbsp; 105754 |
| Dongfeng Motor Group Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp; 65584 |
| East Money Information Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20626 | &nbsp;&nbsp;&nbsp;&nbsp; 69116 |
| Focus Media Information Technology Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;196344 | &nbsp;&nbsp;&nbsp;&nbsp; 202621 |
| Ganfeng Lithium Group Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14770 | &nbsp;&nbsp;&nbsp;&nbsp; 173695 |
| GDS Holdings, Ltd. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp; 217155 |
| Gemdale Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80700 | &nbsp;&nbsp;&nbsp;&nbsp; 118193 |
| Great Wall Motor Co., Ltd., Class H<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp; 70598 |
| Guangdong Baolihua New Energy Stock Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86500 | &nbsp;&nbsp;&nbsp;&nbsp; 82963 |
| Guangdong Investment, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;186000 | &nbsp;&nbsp;&nbsp;&nbsp; 202074 |
| Haier Smart Home Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47553 | &nbsp;&nbsp;&nbsp;&nbsp; 175381 |
| Han's Laser Technology Industry Group Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23400 | &nbsp;&nbsp;&nbsp;&nbsp; 97262 |
| Hengan International Group Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24500 | &nbsp;&nbsp;&nbsp;&nbsp; 120524 |
| Huadian Power International Corp., Ltd., Class H<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp; 96071 |
| Huadong Medicine Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56653 | &nbsp;&nbsp;&nbsp;&nbsp; 398685 |
| Huaneng Power International, Inc., Class H<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp; 205060 |
| Huayu Automotive Systems Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53308 | &nbsp;&nbsp;&nbsp;&nbsp; 144253 |
| Hubei Energy Group Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94014 | &nbsp;&nbsp;&nbsp;&nbsp; 59262 |
| Hundsun Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31491 | &nbsp;&nbsp;&nbsp;&nbsp; 220812 |
| Iflytek Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34550 | &nbsp;&nbsp;&nbsp;&nbsp; 208109 |
| Industrial & Commercial Bank of China, Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;495000 | &nbsp;&nbsp;&nbsp;&nbsp; 264785 |
| Industrial Bank Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25302 | &nbsp;&nbsp;&nbsp;&nbsp; 66216 |
| Inner Mongolia BaoTou Steel Union Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;707000 | &nbsp;&nbsp;&nbsp;&nbsp; 214274 |
| Inner Mongolia Yili Industrial Group Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53200 | &nbsp;&nbsp;&nbsp;&nbsp; 257048 |
| Innovent Biologics, Inc.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44000 | &nbsp;&nbsp;&nbsp;&nbsp; 239644 |
| JD.com, Inc. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6406 | &nbsp;&nbsp;&nbsp;&nbsp; 381349 |
| Jiangsu Expressway Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;108000 | &nbsp;&nbsp;&nbsp;&nbsp; 106367 |
| Jiangsu Hengrui Pharmaceuticals Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38761 | &nbsp;&nbsp;&nbsp;&nbsp; 242811 |
| Jiangsu Yanghe Brewery Joint-Stock Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14600 | &nbsp;&nbsp;&nbsp;&nbsp; 380872 |
| Jiangxi Copper Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;154000 | &nbsp;&nbsp;&nbsp;&nbsp; 265196 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| China (continued) | China (continued) | China (continued) |
| Jinke Properties Group Co., Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;130499 | &nbsp;&nbsp;$38336 |
| Kingboard Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87100 | &nbsp;&nbsp;&nbsp;&nbsp; 355789 |
| Kingdee International Software Group Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99000 | &nbsp;&nbsp;&nbsp;&nbsp; 216068 |
| Kingsoft Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32800 | &nbsp;&nbsp;&nbsp;&nbsp; 120771 |
| Kunlun Energy Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;338000 | &nbsp;&nbsp;&nbsp;&nbsp; 266565 |
| Kweichow Moutai Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;&nbsp; 795093 |
| Lee & Man Paper Manufacturing, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp; 120499 |
| Lenovo Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;204000 | &nbsp;&nbsp;&nbsp;&nbsp; 163622 |
| Lepu Medical Technology Beijing Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33300 | &nbsp;&nbsp;&nbsp;&nbsp; 110197 |
| Li Ning Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21208 | &nbsp;&nbsp;&nbsp;&nbsp; 209655 |
| Longfor Group Holdings, Ltd.<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49500 | &nbsp;&nbsp;&nbsp;&nbsp; 163553 |
| LONGi Green Energy Technology Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63389 | &nbsp;&nbsp;&nbsp;&nbsp; 454400 |
| Luxshare Precision Industry Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71034 | &nbsp;&nbsp;&nbsp;&nbsp; 344000 |
| Luye Pharma Group, Ltd.<sup>(1)(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;249500 | &nbsp;&nbsp;&nbsp;&nbsp; 128167 |
| Maanshan Iron & Steel Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;286000 | &nbsp;&nbsp;&nbsp;&nbsp; 69830 |
| Meituan, Class B<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5073 | &nbsp;&nbsp;&nbsp;&nbsp; 113411 |
| NARI Technology Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49224 | &nbsp;&nbsp;&nbsp;&nbsp; 192893 |
| NetEase, Inc. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3410 | &nbsp;&nbsp;&nbsp;&nbsp; 302160 |
| Nine Dragons Paper Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;195000 | &nbsp;&nbsp;&nbsp;&nbsp; 174809 |
| Offshore Oil Engineering Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;141100 | &nbsp;&nbsp;&nbsp;&nbsp; 139376 |
| OFILM Group Co., Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65800 | &nbsp;&nbsp;&nbsp;&nbsp; 49223 |
| PetroChina Co., Ltd., Class H | 1306000 | &nbsp;&nbsp;&nbsp;&nbsp; 698645 |
| Ping An Bank Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35488 | &nbsp;&nbsp;&nbsp;&nbsp; 79102 |
| Ping An Insurance Group Co. of China, Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44000 | &nbsp;&nbsp;&nbsp;&nbsp; 341779 |
| Poly Developments and Holdings Group Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94900 | &nbsp;&nbsp;&nbsp;&nbsp; 221136 |
| Poly Property Group Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;700000 | &nbsp;&nbsp;&nbsp;&nbsp; 166152 |
| Power Construction Corp. of China, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53800 | &nbsp;&nbsp;&nbsp;&nbsp; 56047 |
| SAIC Motor Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55100 | &nbsp;&nbsp;&nbsp;&nbsp; 122918 |
| Sanan Optoelectronics Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84900 | &nbsp;&nbsp;&nbsp;&nbsp; 237956 |
| SDIC Power Holdings Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98000 | &nbsp;&nbsp;&nbsp;&nbsp; 153098 |
| Shan Xi Hua Yang Group New Energy Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54100 | &nbsp;&nbsp;&nbsp;&nbsp; 126107 |
| Shandong Gold Mining Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50680 | &nbsp;&nbsp;&nbsp;&nbsp; 148967 |
| Shandong Weigao Group Medical Polymer Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;112000 | &nbsp;&nbsp;&nbsp;&nbsp; 186187 |
| Shanghai Electric Group Co., Ltd., Class H<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;282000 | &nbsp;&nbsp;&nbsp;&nbsp; 66670 |
| Shanghai Industrial Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;117000 | &nbsp;&nbsp;&nbsp;&nbsp; 157687 |
| Shanxi Lu'an Environmental Energy Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41000 | &nbsp;&nbsp;&nbsp;&nbsp; 120474 |
| Shenzhen Inovance Technology Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27900 | &nbsp;&nbsp;&nbsp;&nbsp; 295219 |
| Shenzhen Investment, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;674000 | &nbsp;&nbsp;&nbsp;&nbsp; 132277 |
| Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;171300 | &nbsp;&nbsp;&nbsp;&nbsp; 113000 |
| Shimao Group Holdings, Ltd.<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;118500 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Siasun Robot & Automation Co., Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp; 84858 |
| Sichuan Chuantou Energy Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88600 | &nbsp;&nbsp;&nbsp;&nbsp; 164407 |
| Sino Biopharmaceutical, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;475500 | &nbsp;&nbsp;&nbsp;&nbsp; 276687 |
| Sino-Ocean Group Holding, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;659000 | &nbsp;&nbsp;&nbsp;&nbsp; 99187 |
| Sinopec Shanghai Petrochemical Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;877000 | &nbsp;&nbsp;&nbsp;&nbsp; 156741 |

---

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| China (continued) | China (continued) | China (continued) |
| Sinopharm Group Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60400 | &nbsp;&nbsp;$148040 |
| Sunac China Holdings, Ltd.<sup>(1)(2)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;133000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Sunny Optical Technology Group Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26700 | &nbsp;&nbsp;&nbsp;&nbsp; 360374 |
| Tencent Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50739 | &nbsp;&nbsp;&nbsp;&nbsp; 2472456 |
| Tingyi (Cayman Islands) Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56000 | &nbsp;&nbsp;&nbsp;&nbsp; 93162 |
| Tongling Nonferrous Metals Group Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;424000 | &nbsp;&nbsp;&nbsp;&nbsp; 220188 |
| Trip.com Group, Ltd. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5254 | &nbsp;&nbsp;&nbsp;&nbsp; 193137 |
| Tsingtao Brewery Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13566 | &nbsp;&nbsp;&nbsp;&nbsp; 130977 |
| Vnet Group, Inc. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14100 | &nbsp;&nbsp;&nbsp;&nbsp; 82908 |
| Wanhua Chemical Group Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19665 | &nbsp;&nbsp;&nbsp;&nbsp; 282133 |
| Want Want China Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;162920 | &nbsp;&nbsp;&nbsp;&nbsp; 106110 |
| Weichai Power Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;102742 | &nbsp;&nbsp;&nbsp;&nbsp; 155149 |
| Weimob, Inc.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;219000 | &nbsp;&nbsp;&nbsp;&nbsp; 176369 |
| WH Group, Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;248121 | &nbsp;&nbsp;&nbsp;&nbsp; 152809 |
| Wuliangye Yibin Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15200 | &nbsp;&nbsp;&nbsp;&nbsp; 472973 |
| WuXi Biologics Cayman, Inc.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp; 751536 |
| Xinyi Solar Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp; 221164 |
| Yangzijiang Financial Holdings, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;326900 | &nbsp;&nbsp;&nbsp;&nbsp; 92619 |
| Yangzijiang Shipbuilding Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;200300 | &nbsp;&nbsp;&nbsp;&nbsp; 197466 |
| Yankuang Energy Group Co., Ltd., Class H<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp; 379494 |
| Yuan Longping High-Tech Agriculture Co., Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65900 | &nbsp;&nbsp;&nbsp;&nbsp; 167822 |
| Yuexiu Property Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;128000 | &nbsp;&nbsp;&nbsp;&nbsp; 186203 |
| Yunnan Baiyao Group Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29680 | &nbsp;&nbsp;&nbsp;&nbsp; 252840 |
| Zhaojin Mining Industry Co., Ltd., Class H<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77500 | &nbsp;&nbsp;&nbsp;&nbsp; 89188 |
| Zhejiang Dahua Technology Co., Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69550 | &nbsp;&nbsp;&nbsp;&nbsp; 130758 |
| Zhejiang Expressway Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;116000 | &nbsp;&nbsp;&nbsp;&nbsp; 100169 |
| Zhejiang Huahai Pharmaceutical Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41250 | &nbsp;&nbsp;&nbsp;&nbsp; 131068 |
| Zhuzhou CRRC Times Electric Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32800 | &nbsp;&nbsp;&nbsp;&nbsp; 174737 |
| Zijin Mining Group Co., Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;318000 | &nbsp;&nbsp;&nbsp;&nbsp; 525988 |
| ZTE Corp., Class H | &nbsp;&nbsp;&nbsp;&nbsp;155303 | &nbsp;&nbsp;&nbsp;&nbsp; 375061 |
| ZTO Express Cayman, Inc. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6900 | &nbsp;&nbsp;&nbsp;&nbsp; 196719 |
|  |  | &nbsp;&nbsp;**$37455703** |
| Colombia — 1.1% | Colombia — 1.1% | Colombia — 1.1% |
| Bancolombia S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26423 | &nbsp;&nbsp;$237631 |
| Bancolombia S.A. ADR, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8755 | &nbsp;&nbsp;&nbsp;&nbsp; 264839 |
| Cementos Argos S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96156 | &nbsp;&nbsp;&nbsp;&nbsp; 66170 |
| Ecopetrol S.A. | 1050369 | &nbsp;&nbsp;&nbsp;&nbsp; 600433 |
| Geopark, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp; 141453 |
| Grupo Argos S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82564 | &nbsp;&nbsp;&nbsp;&nbsp; 165605 |
| Grupo Aval Acciones y Valores S.A., PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;467549 | &nbsp;&nbsp;&nbsp;&nbsp; 57379 |
| Grupo de Inversiones Suramericana S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5521 | &nbsp;&nbsp;&nbsp;&nbsp; 48363 |
| Grupo Energia Bogota S.A. ESP | &nbsp;&nbsp;&nbsp;&nbsp;266900 | &nbsp;&nbsp;&nbsp;&nbsp; 89748 |
| Grupo Nutresa S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33093 | &nbsp;&nbsp;&nbsp;&nbsp; 324620 |
| Interconexion Electrica S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85688 | &nbsp;&nbsp;&nbsp;&nbsp; 349431 |
|  |  | &nbsp;&nbsp;**$2345672** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Croatia — 0.6% | Croatia — 0.6% | Croatia — 0.6% |
| Adris Grupa DD, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1293 | &nbsp;&nbsp;$73430 |
| Ericsson Nikola Tesla DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432 | &nbsp;&nbsp;&nbsp;&nbsp; 114156 |
| Hrvatski Telekom DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11170 | &nbsp;&nbsp;&nbsp;&nbsp; 295347 |
| Koncar-Elektroindustrija DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631 | &nbsp;&nbsp;&nbsp;&nbsp; 85140 |
| Podravka Prehrambena Ind DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1816 | &nbsp;&nbsp;&nbsp;&nbsp; 187122 |
| Valamar Riviera DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86318 | &nbsp;&nbsp;&nbsp;&nbsp; 381245 |
| Zagrebacka Banka DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8951 | &nbsp;&nbsp;&nbsp;&nbsp; 94410 |
|  |  | &nbsp;&nbsp;**$1230850** |
| Czech Republic — 0.6% | Czech Republic — 0.6% | Czech Republic — 0.6% |
| CEZ AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23605 | &nbsp;&nbsp;$958886 |
| Komercni Banka AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8757 | &nbsp;&nbsp;&nbsp;&nbsp; 295561 |
| Philip Morris CR AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119 | &nbsp;&nbsp;&nbsp;&nbsp; 91376 |
|  |  | &nbsp;&nbsp;**$1345823** |
| Egypt — 0.6% | Egypt — 0.6% | Egypt — 0.6% |
| Cleopatra Hospital<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;330000 | &nbsp;&nbsp;$62513 |
| Commercial International Bank Egypt SAE | &nbsp;&nbsp;&nbsp;&nbsp;171033 | &nbsp;&nbsp;&nbsp;&nbsp; 281320 |
| E Finance Investment Group | &nbsp;&nbsp;&nbsp;&nbsp;106000 | &nbsp;&nbsp;&nbsp;&nbsp; 64193 |
| Eastern Co. SAE | &nbsp;&nbsp;&nbsp;&nbsp;199265 | &nbsp;&nbsp;&nbsp;&nbsp; 118305 |
| Egypt Kuwait Holding Co. SAE | &nbsp;&nbsp;&nbsp;&nbsp;107500 | &nbsp;&nbsp;&nbsp;&nbsp; 130757 |
| Egyptian Financial Group-Hermes Holding Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63296 | &nbsp;&nbsp;&nbsp;&nbsp; 39871 |
| ElSewedy Electric Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;125156 | &nbsp;&nbsp;&nbsp;&nbsp; 53098 |
| Fawry for Banking Technology and Electronic Payments SAE<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;382000 | &nbsp;&nbsp;&nbsp;&nbsp; 79547 |
| Ibnsina Pharma SAE | &nbsp;&nbsp;&nbsp;&nbsp;300658 | &nbsp;&nbsp;&nbsp;&nbsp; 17967 |
| Juhayna Food Industries | &nbsp;&nbsp;&nbsp;&nbsp;143563 | &nbsp;&nbsp;&nbsp;&nbsp; 48367 |
| Oriental Weavers | &nbsp;&nbsp;&nbsp;&nbsp;271447 | &nbsp;&nbsp;&nbsp;&nbsp; 99850 |
| Talaat Moustafa Group | &nbsp;&nbsp;&nbsp;&nbsp;316254 | &nbsp;&nbsp;&nbsp;&nbsp; 106514 |
| Telecom Egypt Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67509 | &nbsp;&nbsp;&nbsp;&nbsp; 61269 |
|  |  | &nbsp;&nbsp;**$1163571** |
| Estonia — 0.5% | Estonia — 0.5% | Estonia — 0.5% |
| AS Merko Ehitus | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;$58709 |
| AS Tallink Grupp<sup>(1)</sup> | 1052894 | &nbsp;&nbsp;&nbsp;&nbsp; 611737 |
| AS Tallinna Kaubamaja Grupp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40598 | &nbsp;&nbsp;&nbsp;&nbsp; 448602 |
|  |  | &nbsp;&nbsp;**$1119048** |
| Ghana — 0.4% | Ghana — 0.4% | Ghana — 0.4% |
| GCB Bank PLC | 1347533 | &nbsp;&nbsp;$437831 |
| Standard Chartered Bank of Ghana, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;175500 | &nbsp;&nbsp;&nbsp;&nbsp; 291785 |
|  |  | &nbsp;&nbsp;**$729616** |
| Greece — 1.2% | Greece — 1.2% | Greece — 1.2% |
| Aegean Airlines S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10362 | &nbsp;&nbsp;$73517 |
| Alpha Services and Holdings S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;120393 | &nbsp;&nbsp;&nbsp;&nbsp; 164034 |

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Greece (continued) | Greece (continued) | Greece (continued) |
| Eurobank Ergasias Services and Holdings S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72622 | &nbsp;&nbsp;$98539 |
| GEK Terna Holding Real Estate Construction S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7373 | &nbsp;&nbsp;&nbsp;&nbsp; 100131 |
| Hellenic Telecommunications Organization S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27442 | &nbsp;&nbsp;&nbsp;&nbsp; 432602 |
| Holding Co. ADMIE IPTO S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26908 | &nbsp;&nbsp;&nbsp;&nbsp; 58253 |
| JUMBO S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11926 | &nbsp;&nbsp;&nbsp;&nbsp; 214164 |
| Motor Oil (Hellas) Corinth Refineries S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12273 | &nbsp;&nbsp;&nbsp;&nbsp; 299925 |
| Mytilineos S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9481 | &nbsp;&nbsp;&nbsp;&nbsp; 245274 |
| National Bank of Greece S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31588 | &nbsp;&nbsp;&nbsp;&nbsp; 150191 |
| OPAP S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23985 | &nbsp;&nbsp;&nbsp;&nbsp; 360150 |
| Public Power Corp. S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10354 | &nbsp;&nbsp;&nbsp;&nbsp; 82488 |
| Terna Energy S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4568 | &nbsp;&nbsp;&nbsp;&nbsp; 99584 |
| Titan Cement International S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6024 | &nbsp;&nbsp;&nbsp;&nbsp; 95879 |
| Tsakos Energy Navigation, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3420 | &nbsp;&nbsp;&nbsp;&nbsp; 58721 |
|  |  | &nbsp;&nbsp;**$2533452** |
| Hungary — 0.6% | Hungary — 0.6% | Hungary — 0.6% |
| Magyar Telekom Telecommunications PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43733 | &nbsp;&nbsp;$46462 |
| MOL Hungarian Oil & Gas PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44876 | &nbsp;&nbsp;&nbsp;&nbsp; 335364 |
| OTP Bank Nyrt. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10828 | &nbsp;&nbsp;&nbsp;&nbsp; 326264 |
| Richter Gedeon Nyrt. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22901 | &nbsp;&nbsp;&nbsp;&nbsp; 517137 |
|  |  | &nbsp;&nbsp;**$1225227** |
| Iceland — 0.5% | Iceland — 0.5% | Iceland — 0.5% |
| Arion Banki HF<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94500 | &nbsp;&nbsp;$100808 |
| Brim HF | &nbsp;&nbsp;&nbsp;&nbsp;151700 | &nbsp;&nbsp;&nbsp;&nbsp; 100573 |
| Eik Fasteignafelag HF | &nbsp;&nbsp;&nbsp;&nbsp;387000 | &nbsp;&nbsp;&nbsp;&nbsp; 30488 |
| Eimskipafelag Islands HF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 35833 |
| Festi HF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99900 | &nbsp;&nbsp;&nbsp;&nbsp; 125268 |
| Hagar HF | &nbsp;&nbsp;&nbsp;&nbsp;135000 | &nbsp;&nbsp;&nbsp;&nbsp; 62404 |
| Icelandair Group HF<sup>(1)</sup> | 2300000 | &nbsp;&nbsp;&nbsp;&nbsp; 32412 |
| Islandsbanki HF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57500 | &nbsp;&nbsp;&nbsp;&nbsp; 47989 |
| Kvika Banki HF<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp; 40113 |
| Marel HF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51000 | &nbsp;&nbsp;&nbsp;&nbsp; 193380 |
| Origo HF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42434 | &nbsp;&nbsp;&nbsp;&nbsp; 30408 |
| Reginn HF | &nbsp;&nbsp;&nbsp;&nbsp;336000 | &nbsp;&nbsp;&nbsp;&nbsp; 60068 |
| Reitir Fasteignafelag HF | &nbsp;&nbsp;&nbsp;&nbsp;133900 | &nbsp;&nbsp;&nbsp;&nbsp; 81390 |
| Sildarvinnslan HF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85800 | &nbsp;&nbsp;&nbsp;&nbsp; 75451 |
| Siminn HF | 1030685 | &nbsp;&nbsp;&nbsp;&nbsp; 77623 |
| Syn HF<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000 | &nbsp;&nbsp;&nbsp;&nbsp; 35450 |
|  |  | &nbsp;&nbsp;**$1129658** |
| India — 6.5% | India — 6.5% | India — 6.5% |
| ACC, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1578 | &nbsp;&nbsp;$38126 |
| Adani Enterprises, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4154 | &nbsp;&nbsp;&nbsp;&nbsp; 150175 |
| Adani Ports and Special Economic Zone, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11419 | &nbsp;&nbsp;&nbsp;&nbsp; 85864 |
| Adani Total Gas, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;&nbsp; 108503 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| India (continued) | India (continued) | India (continued) |
| Adani Transmission, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;$77733 |
| Apollo Hospitals Enterprise, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4712 | &nbsp;&nbsp;&nbsp;&nbsp; 246710 |
| Ashok Leyland, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43400 | &nbsp;&nbsp;&nbsp;&nbsp; 79561 |
| Asian Paints, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 117059 |
| Aurobindo Pharma, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20924 | &nbsp;&nbsp;&nbsp;&nbsp; 104834 |
| Avenue Supermarts, Ltd.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 129164 |
| Axis Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16772 | &nbsp;&nbsp;&nbsp;&nbsp; 179265 |
| Bajaj Auto, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2234 | &nbsp;&nbsp;&nbsp;&nbsp; 104732 |
| Bajaj Finance, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1332 | &nbsp;&nbsp;&nbsp;&nbsp; 96249 |
| Bajaj Finserv, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3629 | &nbsp;&nbsp;&nbsp;&nbsp; 59863 |
| Bharat Forge, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6089 | &nbsp;&nbsp;&nbsp;&nbsp; 65408 |
| Bharat Petroleum Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16891 | &nbsp;&nbsp;&nbsp;&nbsp; 71008 |
| Bharti Airtel, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72521 | &nbsp;&nbsp;&nbsp;&nbsp; 683965 |
| Biocon, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20599 | &nbsp;&nbsp;&nbsp;&nbsp; 59501 |
| Britannia Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp; 148235 |
| Cipla, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17893 | &nbsp;&nbsp;&nbsp;&nbsp; 223499 |
| Coal India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25404 | &nbsp;&nbsp;&nbsp;&nbsp; 70092 |
| Container Corp. of India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;&nbsp; 72688 |
| Crompton Greaves Consumer Electricals, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19469 | &nbsp;&nbsp;&nbsp;&nbsp; 78747 |
| Cummins India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7301 | &nbsp;&nbsp;&nbsp;&nbsp; 128441 |
| Divi's Laboratories, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3350 | &nbsp;&nbsp;&nbsp;&nbsp; 136436 |
| DLF, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20247 | &nbsp;&nbsp;&nbsp;&nbsp; 88468 |
| Dr. Reddy's Laboratories, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3717 | &nbsp;&nbsp;&nbsp;&nbsp; 197850 |
| Eicher Motors, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3860 | &nbsp;&nbsp;&nbsp;&nbsp; 154949 |
| Embassy Office Parks REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14200 | &nbsp;&nbsp;&nbsp;&nbsp; 56852 |
| GAIL (India), Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;156208 | &nbsp;&nbsp;&nbsp;&nbsp; 182865 |
| Godrej Consumer Products, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12875 | &nbsp;&nbsp;&nbsp;&nbsp; 144202 |
| Godrej Properties, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp; 107476 |
| Grasim Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4143 | &nbsp;&nbsp;&nbsp;&nbsp; 80750 |
| Gujarat State Petronet, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19482 | &nbsp;&nbsp;&nbsp;&nbsp; 64202 |
| Havells India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5343 | &nbsp;&nbsp;&nbsp;&nbsp; 77513 |
| HCL Technologies, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18017 | &nbsp;&nbsp;&nbsp;&nbsp; 248746 |
| Hero MotoCorp, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3443 | &nbsp;&nbsp;&nbsp;&nbsp; 116695 |
| Hindalco Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27544 | &nbsp;&nbsp;&nbsp;&nbsp; 159194 |
| Hindustan Aeronautics, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp; 84783 |
| Hindustan Unilever, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11071 | &nbsp;&nbsp;&nbsp;&nbsp; 349281 |
| Housing Development Finance Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6372 | &nbsp;&nbsp;&nbsp;&nbsp; 205591 |
| ICICI Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18720 | &nbsp;&nbsp;&nbsp;&nbsp; 192241 |
| Indian Hotels Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18900 | &nbsp;&nbsp;&nbsp;&nbsp; 69972 |
| Indian Oil Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73810 | &nbsp;&nbsp;&nbsp;&nbsp; 73969 |
| Indus Towers, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52044 | &nbsp;&nbsp;&nbsp;&nbsp; 97535 |
| Info Edge India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 113070 |
| Infosys, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53369 | &nbsp;&nbsp;&nbsp;&nbsp; 1005385 |
| Ipca Laboratories, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6080 | &nbsp;&nbsp;&nbsp;&nbsp; 63363 |
| ITC, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34786 | &nbsp;&nbsp;&nbsp;&nbsp; 150230 |
| JSW Steel, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14970 | &nbsp;&nbsp;&nbsp;&nbsp; 132069 |

---

*11*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| India (continued) | India (continued) | India (continued) |
| Kotak Mahindra Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3824 | &nbsp;&nbsp;$81376 |
| Larsen & Toubro, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9400 | &nbsp;&nbsp;&nbsp;&nbsp; 244307 |
| Lupin, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10226 | &nbsp;&nbsp;&nbsp;&nbsp; 92315 |
| Mahindra & Mahindra, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11976 | &nbsp;&nbsp;&nbsp;&nbsp; 202180 |
| Maruti Suzuki India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1314 | &nbsp;&nbsp;&nbsp;&nbsp; 143317 |
| Max Healthcare Institute, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24925 | &nbsp;&nbsp;&nbsp;&nbsp; 135842 |
| Nestle India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559 | &nbsp;&nbsp;&nbsp;&nbsp; 130135 |
| NTPC, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;142226 | &nbsp;&nbsp;&nbsp;&nbsp; 297366 |
| Oil & Natural Gas Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63509 | &nbsp;&nbsp;&nbsp;&nbsp; 113164 |
| Pidilite Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4300 | &nbsp;&nbsp;&nbsp;&nbsp; 120144 |
| Power Grid Corp. of India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45766 | &nbsp;&nbsp;&nbsp;&nbsp; 122208 |
| Reliance Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38074 | &nbsp;&nbsp;&nbsp;&nbsp; 1099642 |
| Siemens, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2441 | &nbsp;&nbsp;&nbsp;&nbsp; 88142 |
| SRF, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 85695 |
| State Bank of India GDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11200 | &nbsp;&nbsp;&nbsp;&nbsp; 76534 |
| Sun Pharmaceutical Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27576 | &nbsp;&nbsp;&nbsp;&nbsp; 350012 |
| Sun TV Network, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7988 | &nbsp;&nbsp;&nbsp;&nbsp; 45540 |
| Tata Consultancy Services, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13903 | &nbsp;&nbsp;&nbsp;&nbsp; 573793 |
| Tata Consumer Products, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7384 | &nbsp;&nbsp;&nbsp;&nbsp; 65979 |
| Tata Motors, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22152 | &nbsp;&nbsp;&nbsp;&nbsp; 123203 |
| Tata Power Co., Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53099 | &nbsp;&nbsp;&nbsp;&nbsp; 138773 |
| Tata Steel, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67800 | &nbsp;&nbsp;&nbsp;&nbsp; 99768 |
| Tech Mahindra, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14661 | &nbsp;&nbsp;&nbsp;&nbsp; 183263 |
| Titan Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4132 | &nbsp;&nbsp;&nbsp;&nbsp; 120814 |
| Torrent Pharmaceuticals, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9488 | &nbsp;&nbsp;&nbsp;&nbsp; 176843 |
| Tube Investments of India, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2406 | &nbsp;&nbsp;&nbsp;&nbsp; 76756 |
| UltraTech Cement, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1522 | &nbsp;&nbsp;&nbsp;&nbsp; 132070 |
| UPL, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7038 | &nbsp;&nbsp;&nbsp;&nbsp; 65247 |
| Vedanta, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20367 | &nbsp;&nbsp;&nbsp;&nbsp; 83294 |
| Vodafone Idea, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;759569 | &nbsp;&nbsp;&nbsp;&nbsp; 66566 |
| Voltas, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6353 | &nbsp;&nbsp;&nbsp;&nbsp; 62409 |
| Wipro, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21949 | &nbsp;&nbsp;&nbsp;&nbsp; 107451 |
| WNS Holdings, Ltd. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp; 177933 |
| Zee Entertainment Enterprises, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44401 | &nbsp;&nbsp;&nbsp;&nbsp; 123490 |
| Zydus Life Sciences, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18997 | &nbsp;&nbsp;&nbsp;&nbsp; 99949 |
|  |  | &nbsp;&nbsp;**$13438629** |
| Indonesia — 2.3% | Indonesia — 2.3% | Indonesia — 2.3% |
| Ace Hardware Indonesia Tbk PT | 1088200 | &nbsp;&nbsp;$35630 |
| Adaro Energy Indonesia Tbk PT | 1211600 | &nbsp;&nbsp;&nbsp;&nbsp; 240073 |
| AKR Corporindo Tbk PT | 1258400 | &nbsp;&nbsp;&nbsp;&nbsp; 110304 |
| Aneka Tambang Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;939800 | &nbsp;&nbsp;&nbsp;&nbsp; 145621 |
| Astra International Tbk PT | 1419500 | &nbsp;&nbsp;&nbsp;&nbsp; 570287 |
| Bank Central Asia Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;357600 | &nbsp;&nbsp;&nbsp;&nbsp; 202941 |
| Bank Mandiri Persero Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;158700 | &nbsp;&nbsp;&nbsp;&nbsp; 105748 |
| Bank Negara Indonesia Persero Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;113000 | &nbsp;&nbsp;&nbsp;&nbsp; 69268 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Indonesia (continued) | Indonesia (continued) | Indonesia (continued) |
| Bank Rakyat Indonesia Persero Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;505368 | &nbsp;&nbsp;$154980 |
| Bukit Asam Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;433000 | &nbsp;&nbsp;&nbsp;&nbsp; 98440 |
| Bumi Serpong Damai Tbk PT<sup>(1)</sup> | 1396900 | &nbsp;&nbsp;&nbsp;&nbsp; 87307 |
| Charoen Pokphand Indonesia Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;346400 | &nbsp;&nbsp;&nbsp;&nbsp; 134759 |
| Erajaya Swasembada Tbk PT | 4907500 | &nbsp;&nbsp;&nbsp;&nbsp; 137930 |
| Gudang Garam Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57100 | &nbsp;&nbsp;&nbsp;&nbsp; 87644 |
| Indocement Tunggal Prakarsa Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;241800 | &nbsp;&nbsp;&nbsp;&nbsp; 161724 |
| Indofood Sukses Makmur Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;271700 | &nbsp;&nbsp;&nbsp;&nbsp; 122102 |
| Jasa Marga (Persero) Tbk PT<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;307000 | &nbsp;&nbsp;&nbsp;&nbsp; 64800 |
| Kalbe Farma Tbk PT | 2457000 | &nbsp;&nbsp;&nbsp;&nbsp; 338278 |
| Lippo Karawaci Tbk PT<sup>(1)</sup> | 10490680 | &nbsp;&nbsp;&nbsp;&nbsp; 57462 |
| Medco Energi Internasional Tbk PT | 1299520 | &nbsp;&nbsp;&nbsp;&nbsp; 121904 |
| Mitra Adiperkasa Tbk PT<sup>(1)</sup> | 1163700 | &nbsp;&nbsp;&nbsp;&nbsp; 101067 |
| Mitra Keluarga Karyasehat Tbk PT | 1185700 | &nbsp;&nbsp;&nbsp;&nbsp; 236703 |
| Perusahaan Gas Negara Tbk PT | 1365300 | &nbsp;&nbsp;&nbsp;&nbsp; 141324 |
| Perusahaan Perkebunan London Sumatra Indonesia Tbk PT | 1193000 | &nbsp;&nbsp;&nbsp;&nbsp; 84453 |
| Semen Indonesia Persero Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;320600 | &nbsp;&nbsp;&nbsp;&nbsp; 158815 |
| Telkom Indonesia Persero Tbk PT | 1606600 | &nbsp;&nbsp;&nbsp;&nbsp; 415198 |
| Tower Bersama Infrastructure Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;138800 | &nbsp;&nbsp;&nbsp;&nbsp; 19481 |
| Unilever Indonesia Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;309900 | &nbsp;&nbsp;&nbsp;&nbsp; 96466 |
| United Tractors Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;130583 | &nbsp;&nbsp;&nbsp;&nbsp; 214385 |
| Vale Indonesia Tbk PT<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;199900 | &nbsp;&nbsp;&nbsp;&nbsp; 99688 |
| Waskita Karya Persero Tbk PT<sup>(1)</sup> | 2474900 | &nbsp;&nbsp;&nbsp;&nbsp; 56258 |
| Wijaya Karya Persero Tbk PT<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;982300 | &nbsp;&nbsp;&nbsp;&nbsp; 45347 |
| XL Axiata Tbk PT | &nbsp;&nbsp;&nbsp;&nbsp;485100 | &nbsp;&nbsp;&nbsp;&nbsp; 74714 |
|  |  | &nbsp;&nbsp;**$4791101** |
| Jordan — 0.6% | Jordan — 0.6% | Jordan — 0.6% |
| Arab Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61776 | &nbsp;&nbsp;$421254 |
| Arab Potash Co. PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7642 | &nbsp;&nbsp;&nbsp;&nbsp; 431728 |
| Bank of Jordan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24010 | &nbsp;&nbsp;&nbsp;&nbsp; 77861 |
| Jordan Islamic Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13918 | &nbsp;&nbsp;&nbsp;&nbsp; 79080 |
| Jordan Petroleum Refinery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26800 | &nbsp;&nbsp;&nbsp;&nbsp; 237205 |
| Jordanian Electric Power Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17394 | &nbsp;&nbsp;&nbsp;&nbsp; 60508 |
|  |  | &nbsp;&nbsp;**$1307636** |
| Kazakhstan — 0.3% | Kazakhstan — 0.3% | Kazakhstan — 0.3% |
| Halyk Savings Bank of Kazakhstan JSC GDR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16192 | &nbsp;&nbsp;$168905 |
| Kcell JSC GDR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96329 | &nbsp;&nbsp;&nbsp;&nbsp; 361255 |
|  |  | &nbsp;&nbsp;**$530160** |
| Kenya — 0.5% | Kenya — 0.5% | Kenya — 0.5% |
| British American Tobacco Kenya PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16600 | &nbsp;&nbsp;$59951 |
| East African Breweries PLC | &nbsp;&nbsp;&nbsp;&nbsp;169580 | &nbsp;&nbsp;&nbsp;&nbsp; 245103 |
| Equity Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;580700 | &nbsp;&nbsp;&nbsp;&nbsp; 210177 |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Kenya (continued) | Kenya (continued) | Kenya (continued) |
| KCB Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;255920 | &nbsp;&nbsp;$78829 |
| Safaricom PLC | 2788272 | &nbsp;&nbsp;&nbsp;&nbsp; 526604 |
|  |  | &nbsp;&nbsp;**$1120664** |
| Kuwait — 1.2% | Kuwait — 1.2% | Kuwait — 1.2% |
| Agility Public Warehousing Co. KSC | &nbsp;&nbsp;&nbsp;&nbsp;155083 | &nbsp;&nbsp;$302185 |
| Boubyan Bank KSCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26515 | &nbsp;&nbsp;&nbsp;&nbsp; 68178 |
| Boubyan Petrochemicals Co. KSCP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2441 | &nbsp;&nbsp;&nbsp;&nbsp; 6399 |
| Burgan Bank SAK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73316 | &nbsp;&nbsp;&nbsp;&nbsp; 53921 |
| Gulf Bank KSCP | &nbsp;&nbsp;&nbsp;&nbsp;116519 | &nbsp;&nbsp;&nbsp;&nbsp; 119716 |
| Kuwait Finance House KSCP | &nbsp;&nbsp;&nbsp;&nbsp;181108 | &nbsp;&nbsp;&nbsp;&nbsp; 497998 |
| Mabanee Co. KPSC | &nbsp;&nbsp;&nbsp;&nbsp;125697 | &nbsp;&nbsp;&nbsp;&nbsp; 353287 |
| Mobile Telecommunications Co. KSCP | &nbsp;&nbsp;&nbsp;&nbsp;213804 | &nbsp;&nbsp;&nbsp;&nbsp; 388922 |
| National Bank of Kuwait SAK | &nbsp;&nbsp;&nbsp;&nbsp;139598 | &nbsp;&nbsp;&nbsp;&nbsp; 502521 |
| National Industries Group Holding SAK | &nbsp;&nbsp;&nbsp;&nbsp;241309 | &nbsp;&nbsp;&nbsp;&nbsp; 169321 |
|  |  | &nbsp;&nbsp;**$2462448** |
| Lithuania — 0.4% | Lithuania — 0.4% | Lithuania — 0.4% |
| Apranga PVA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83482 | &nbsp;&nbsp;$203450 |
| Klaipedos Nafta AB<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;420439 | &nbsp;&nbsp;&nbsp;&nbsp; 124363 |
| Rokiskio Suris | &nbsp;&nbsp;&nbsp;&nbsp;101703 | &nbsp;&nbsp;&nbsp;&nbsp; 330026 |
| Siauliu Bankas AB | &nbsp;&nbsp;&nbsp;&nbsp;277296 | &nbsp;&nbsp;&nbsp;&nbsp; 225496 |
|  |  | &nbsp;&nbsp;**$883335** |
| Malaysia — 2.4% | Malaysia — 2.4% | Malaysia — 2.4% |
| Axiata Group Bhd | &nbsp;&nbsp;&nbsp;&nbsp;104550 | &nbsp;&nbsp;$74486 |
| CIMB Group Holdings Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90800 | &nbsp;&nbsp;&nbsp;&nbsp; 122639 |
| Dialog Group Bhd | &nbsp;&nbsp;&nbsp;&nbsp;363831 | &nbsp;&nbsp;&nbsp;&nbsp; 222494 |
| Digi.com Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79844 | &nbsp;&nbsp;&nbsp;&nbsp; 78966 |
| Gamuda Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81500 | &nbsp;&nbsp;&nbsp;&nbsp; 75036 |
| Genting Bhd | &nbsp;&nbsp;&nbsp;&nbsp;165500 | &nbsp;&nbsp;&nbsp;&nbsp; 192617 |
| Genting Malaysia Bhd | &nbsp;&nbsp;&nbsp;&nbsp;265500 | &nbsp;&nbsp;&nbsp;&nbsp; 177261 |
| Globetronics Technology Bhd | &nbsp;&nbsp;&nbsp;&nbsp;582200 | &nbsp;&nbsp;&nbsp;&nbsp; 157793 |
| Hartalega Holdings Bhd | &nbsp;&nbsp;&nbsp;&nbsp;212408 | &nbsp;&nbsp;&nbsp;&nbsp; 80453 |
| Hong Leong Bank Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15800 | &nbsp;&nbsp;&nbsp;&nbsp; 76115 |
| IGB Real Estate Investment Trust | &nbsp;&nbsp;&nbsp;&nbsp;192600 | &nbsp;&nbsp;&nbsp;&nbsp; 79483 |
| IHH Healthcare Bhd | &nbsp;&nbsp;&nbsp;&nbsp;476500 | &nbsp;&nbsp;&nbsp;&nbsp; 662493 |
| IJM Corp. Bhd | &nbsp;&nbsp;&nbsp;&nbsp;173880 | &nbsp;&nbsp;&nbsp;&nbsp; 63694 |
| Inari Amertron Bhd | &nbsp;&nbsp;&nbsp;&nbsp;321600 | &nbsp;&nbsp;&nbsp;&nbsp; 197106 |
| IOI Properties Group Bhd | &nbsp;&nbsp;&nbsp;&nbsp;266058 | &nbsp;&nbsp;&nbsp;&nbsp; 68692 |
| KLCCP Stapled Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42600 | &nbsp;&nbsp;&nbsp;&nbsp; 70375 |
| Kossan Rubber Industries Bhd | &nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp; 51826 |
| Kuala Lumpur Kepong Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14600 | &nbsp;&nbsp;&nbsp;&nbsp; 73449 |
| Magnum Bhd | &nbsp;&nbsp;&nbsp;&nbsp;192167 | &nbsp;&nbsp;&nbsp;&nbsp; 60018 |
| Malayan Banking Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64187 | &nbsp;&nbsp;&nbsp;&nbsp; 131647 |
| Malaysia Airports Holdings Bhd<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp; 82884 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Malaysia (continued) | Malaysia (continued) | Malaysia (continued) |
| Maxis Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70100 | &nbsp;&nbsp;$65210 |
| MISC Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43400 | &nbsp;&nbsp;&nbsp;&nbsp; 74543 |
| My EG Services Bhd | 1000100 | &nbsp;&nbsp;&nbsp;&nbsp; 214296 |
| Nestle Malaysia Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp; 82423 |
| Petronas Chemicals Group Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66900 | &nbsp;&nbsp;&nbsp;&nbsp; 131287 |
| Petronas Dagangan Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56900 | &nbsp;&nbsp;&nbsp;&nbsp; 290951 |
| Petronas Gas Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19600 | &nbsp;&nbsp;&nbsp;&nbsp; 77363 |
| Press Metal Aluminium Holdings Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79740 | &nbsp;&nbsp;&nbsp;&nbsp; 97264 |
| Public Bank Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95290 | &nbsp;&nbsp;&nbsp;&nbsp; 94853 |
| Silverlake Axis, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;627992 | &nbsp;&nbsp;&nbsp;&nbsp; 172702 |
| Sime Darby Plantation Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81539 | &nbsp;&nbsp;&nbsp;&nbsp; 82903 |
| Sports Toto Bhd | &nbsp;&nbsp;&nbsp;&nbsp;276550 | &nbsp;&nbsp;&nbsp;&nbsp; 104499 |
| Supermax Corp. Bhd | &nbsp;&nbsp;&nbsp;&nbsp;220554 | &nbsp;&nbsp;&nbsp;&nbsp; 42024 |
| Telekom Malaysia Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62300 | &nbsp;&nbsp;&nbsp;&nbsp; 76425 |
| Tenaga Nasional Bhd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30638 | &nbsp;&nbsp;&nbsp;&nbsp; 67704 |
| Top Glove Corp. Bhd<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;696800 | &nbsp;&nbsp;&nbsp;&nbsp; 136175 |
| VS Industry Bhd | &nbsp;&nbsp;&nbsp;&nbsp;999400 | &nbsp;&nbsp;&nbsp;&nbsp; 228265 |
| YTL Corp. Bhd | &nbsp;&nbsp;&nbsp;&nbsp;404791 | &nbsp;&nbsp;&nbsp;&nbsp; 53744 |
|  |  | &nbsp;&nbsp;**$4892158** |
| Mauritius — 0.5% | Mauritius — 0.5% | Mauritius — 0.5% |
| Alteo, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;245799 | &nbsp;&nbsp;$49851 |
| CIEL, Ltd. | 1094295 | &nbsp;&nbsp;&nbsp;&nbsp; 145840 |
| Lighthouse Properties PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23262 | &nbsp;&nbsp;&nbsp;&nbsp; 9066 |
| MCB Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44102 | &nbsp;&nbsp;&nbsp;&nbsp; 302048 |
| Miwa Sugar, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;245799 | &nbsp;&nbsp;&nbsp;&nbsp; 66366 |
| Phoenix Beverages, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10244 | &nbsp;&nbsp;&nbsp;&nbsp; 116622 |
| Rogers & Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;288149 | &nbsp;&nbsp;&nbsp;&nbsp; 185947 |
| SBM Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;974963 | &nbsp;&nbsp;&nbsp;&nbsp; 90972 |
| Sun, Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;121200 | &nbsp;&nbsp;&nbsp;&nbsp; 76914 |
| United Basalt Products, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21996 | &nbsp;&nbsp;&nbsp;&nbsp; 48090 |
|  |  | &nbsp;&nbsp;**$1091716** |
| Mexico — 4.7% | Mexico — 4.7% | Mexico — 4.7% |
| Alfa SAB de CV, Series A | &nbsp;&nbsp;&nbsp;&nbsp;299472 | &nbsp;&nbsp;$216765 |
| Alsea SAB de CV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81000 | &nbsp;&nbsp;&nbsp;&nbsp; 193655 |
| America Movil SAB de CV, Series L | 1464405 | &nbsp;&nbsp;&nbsp;&nbsp; 1528913 |
| Arca Continental SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22080 | &nbsp;&nbsp;&nbsp;&nbsp; 194763 |
| Bolsa Mexicana de Valores SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46975 | &nbsp;&nbsp;&nbsp;&nbsp; 102005 |
| Cemex SAB de CV, Series CPO<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;814139 | &nbsp;&nbsp;&nbsp;&nbsp; 433216 |
| Coca-Cola Femsa SAB de CV, Series L | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15795 | &nbsp;&nbsp;&nbsp;&nbsp; 120175 |
| Corporacion Inmobiliaria Vesta SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97400 | &nbsp;&nbsp;&nbsp;&nbsp; 265140 |
| El Puerto de Liverpool SAB de CV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21180 | &nbsp;&nbsp;&nbsp;&nbsp; 134331 |
| FIBRA Macquarie Mexico<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;&nbsp;&nbsp; 178099 |
| Fibra Uno Administracion S.A. de CV | &nbsp;&nbsp;&nbsp;&nbsp;385490 | &nbsp;&nbsp;&nbsp;&nbsp; 521616 |
| Fomento Economico Mexicano SAB de CV, Series UBD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74456 | &nbsp;&nbsp;&nbsp;&nbsp; 651898 |

---

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Mexico (continued) | Mexico (continued) | Mexico (continued) |
| Genomma Lab Internacional SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76500 | &nbsp;&nbsp;$72232 |
| Gruma SAB de CV, Class B<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5355 | &nbsp;&nbsp;&nbsp;&nbsp; 77667 |
| Grupo Aeroportuario del Centro Norte SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21300 | &nbsp;&nbsp;&nbsp;&nbsp; 194602 |
| Grupo Aeroportuario del Pacifico SAB de CV, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23687 | &nbsp;&nbsp;&nbsp;&nbsp; 407977 |
| Grupo Aeroportuario del Sureste SAB de CV, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13330 | &nbsp;&nbsp;&nbsp;&nbsp; 361189 |
| Grupo Bimbo SAB de CV, Series A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55745 | &nbsp;&nbsp;&nbsp;&nbsp; 276764 |
| Grupo Carso SAB de CV, Series A1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51300 | &nbsp;&nbsp;&nbsp;&nbsp; 257447 |
| Grupo Elektra SAB de CV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2213 | &nbsp;&nbsp;&nbsp;&nbsp; 121295 |
| Grupo Financiero Banorte SAB de CV, Class O | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71100 | &nbsp;&nbsp;&nbsp;&nbsp; 589023 |
| Grupo Financiero Inbursa SAB de CV, Class O<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83300 | &nbsp;&nbsp;&nbsp;&nbsp; 179690 |
| Grupo Mexico SAB de CV, Series B | &nbsp;&nbsp;&nbsp;&nbsp;182579 | &nbsp;&nbsp;&nbsp;&nbsp; 812033 |
| Grupo Televisa SAB ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35500 | &nbsp;&nbsp;&nbsp;&nbsp; 218325 |
| Industrias Penoles SAB de CV<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9580 | &nbsp;&nbsp;&nbsp;&nbsp; 135424 |
| Kimberly-Clark de Mexico SAB de CV, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82200 | &nbsp;&nbsp;&nbsp;&nbsp; 156494 |
| Orbia Advance Corporation, SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49699 | &nbsp;&nbsp;&nbsp;&nbsp; 99026 |
| Promotora y Operadora de Infraestructura SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12415 | &nbsp;&nbsp;&nbsp;&nbsp; 121167 |
| Ternium S.A. ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 121050 |
| TF Administradora Industrial S de RL de CV | &nbsp;&nbsp;&nbsp;&nbsp;127200 | &nbsp;&nbsp;&nbsp;&nbsp; 217511 |
| Vista Energy SAB de CV ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8300 | &nbsp;&nbsp;&nbsp;&nbsp; 131970 |
| Wal-Mart de Mexico SAB de CV, Series V | &nbsp;&nbsp;&nbsp;&nbsp;195880 | &nbsp;&nbsp;&nbsp;&nbsp; 765087 |
|  |  | &nbsp;&nbsp;**$9856549** |
| Morocco — 0.6% | Morocco — 0.6% | Morocco — 0.6% |
| Attijariwafa Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3868 | &nbsp;&nbsp;$136533 |
| Bank of Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5663 | &nbsp;&nbsp;&nbsp;&nbsp; 89012 |
| Banque Centrale Populaire | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4848 | &nbsp;&nbsp;&nbsp;&nbsp; 106260 |
| Co Sucrerie Marocaine et de Raffinage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8110 | &nbsp;&nbsp;&nbsp;&nbsp; 141263 |
| Itissalat AI-Maghrib | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23401 | &nbsp;&nbsp;&nbsp;&nbsp; 222284 |
| Label Vie | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228 | &nbsp;&nbsp;&nbsp;&nbsp; 92790 |
| LafargeHolcim Maroc S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1240 | &nbsp;&nbsp;&nbsp;&nbsp; 173197 |
| Societe d'Exploitation des Ports | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4496 | &nbsp;&nbsp;&nbsp;&nbsp; 90556 |
| TAQA Morocco S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695 | &nbsp;&nbsp;&nbsp;&nbsp; 64970 |
| TotalEnergies Marketing Maroc S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466 | &nbsp;&nbsp;&nbsp;&nbsp; 53982 |
|  |  | &nbsp;&nbsp;**$1170847** |
| Nigeria — 1.1% | Nigeria — 1.1% | Nigeria — 1.1% |
| Access Bank PLC<sup>(4)</sup> | 9080193 | &nbsp;&nbsp;$81667 |
| Dangote Cement PLC<sup>(4)</sup> | 1831432 | &nbsp;&nbsp;&nbsp;&nbsp; 475608 |
| FBN Holdings PLC<sup>(4)</sup> | 8190197 | &nbsp;&nbsp;&nbsp;&nbsp; 94972 |
| Flour Mills of Nigeria PLC<sup>(4)</sup> | 3215556 | &nbsp;&nbsp;&nbsp;&nbsp; 95244 |
| Guaranty Trust Holding Co. PLC<sup>(4)</sup> | 8113125 | &nbsp;&nbsp;&nbsp;&nbsp; 200622 |
| Lafarge Africa PLC<sup>(4)</sup> | 3378540 | &nbsp;&nbsp;&nbsp;&nbsp; 83812 |
| MTN Nigeria Communications PLC<sup>(4)</sup> | 1163700 | &nbsp;&nbsp;&nbsp;&nbsp; 267478 |
| Nestle Nigeria PLC<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;141303 | &nbsp;&nbsp;&nbsp;&nbsp; 156622 |
| Nigerian Breweries PLC<sup>(4)</sup> | 3213425 | &nbsp;&nbsp;&nbsp;&nbsp; 132892 |
| SEPLAT Energy PLC<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;193710 | &nbsp;&nbsp;&nbsp;&nbsp; 244774 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Nigeria (continued) | Nigeria (continued) | Nigeria (continued) |
| Stanbic IBTC Holdings PLC<sup>(4)</sup> | 1515038 | &nbsp;&nbsp;$51356 |
| Transnational Corp. of Nigeria PLC<sup>(4)</sup> | 44100342 | &nbsp;&nbsp;&nbsp;&nbsp; 53664 |
| United Bank for Africa PLC<sup>(4)</sup> | 10544352 | &nbsp;&nbsp;&nbsp;&nbsp; 85606 |
| Zenith Bank PLC<sup>(4)</sup> | 7051959 | &nbsp;&nbsp;&nbsp;&nbsp; 174519 |
|  |  | &nbsp;&nbsp;**$2198836** |
| Oman — 0.6% | Oman — 0.6% | Oman — 0.6% |
| Bank Muscat SAOG | &nbsp;&nbsp;&nbsp;&nbsp;333660 | &nbsp;&nbsp;$239435 |
| HSBC Bank Oman SAOG | &nbsp;&nbsp;&nbsp;&nbsp;181355 | &nbsp;&nbsp;&nbsp;&nbsp; 75834 |
| National Bank of Oman SAOG | &nbsp;&nbsp;&nbsp;&nbsp;149081 | &nbsp;&nbsp;&nbsp;&nbsp; 106109 |
| Oman Cement Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72148 | &nbsp;&nbsp;&nbsp;&nbsp; 56827 |
| Oman Flour Mills Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40801 | &nbsp;&nbsp;&nbsp;&nbsp; 66174 |
| Oman Telecommunications Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83628 | &nbsp;&nbsp;&nbsp;&nbsp; 205719 |
| Omani Qatari Telecommunications Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;140637 | &nbsp;&nbsp;&nbsp;&nbsp; 159637 |
| Ominvest SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57161 | &nbsp;&nbsp;&nbsp;&nbsp; 62103 |
| Renaissance Services SAOG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46857 | &nbsp;&nbsp;&nbsp;&nbsp; 53765 |
| Sembcorp Salalah Power & Water Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;410180 | &nbsp;&nbsp;&nbsp;&nbsp; 82068 |
| Sohar International Bank SAOG | &nbsp;&nbsp;&nbsp;&nbsp;178742 | &nbsp;&nbsp;&nbsp;&nbsp; 47365 |
|  |  | &nbsp;&nbsp;**$1155036** |
| Pakistan — 0.5% | Pakistan — 0.5% | Pakistan — 0.5% |
| Engro Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42010 | &nbsp;&nbsp;$46990 |
| Fauji Fertilizer Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;101890 | &nbsp;&nbsp;&nbsp;&nbsp; 39443 |
| Habib Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;160318 | &nbsp;&nbsp;&nbsp;&nbsp; 43194 |
| Hub Power Co., Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp;440446 | &nbsp;&nbsp;&nbsp;&nbsp; 105489 |
| IBEX, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 133450 |
| Lucky Cement, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20831 | &nbsp;&nbsp;&nbsp;&nbsp; 31819 |
| Mari Petroleum Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10863 | &nbsp;&nbsp;&nbsp;&nbsp; 61541 |
| MCB Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;163295 | &nbsp;&nbsp;&nbsp;&nbsp; 68941 |
| Millat Tractors, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73744 | &nbsp;&nbsp;&nbsp;&nbsp; 145822 |
| Nishat Mills, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;110771 | &nbsp;&nbsp;&nbsp;&nbsp; 21806 |
| Oil & Gas Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;214891 | &nbsp;&nbsp;&nbsp;&nbsp; 70513 |
| Pakistan Oilfields, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56711 | &nbsp;&nbsp;&nbsp;&nbsp; 87822 |
| Pakistan Petroleum, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;387571 | &nbsp;&nbsp;&nbsp;&nbsp; 112749 |
| Pakistan State Oil Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;144660 | &nbsp;&nbsp;&nbsp;&nbsp; 70915 |
| Searle Co., Ltd. (The)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96770 | &nbsp;&nbsp;&nbsp;&nbsp; 19195 |
| United Bank, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77168 | &nbsp;&nbsp;&nbsp;&nbsp; 29201 |
|  |  | &nbsp;&nbsp;**$1088890** |
| Panama — 0.2% | Panama — 0.2% | Panama — 0.2% |
| Banco Latinoamericano de Comercio Exterior S.A., Class E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13100 | &nbsp;&nbsp;$225713 |
| Copa Holdings S.A., Class A<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2834 | &nbsp;&nbsp;&nbsp;&nbsp; 260955 |
|  |  | &nbsp;&nbsp;**$486668** |

---

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Peru — 1.1% | Peru — 1.1% | Peru — 1.1% |
| Alicorp SAA | &nbsp;&nbsp;&nbsp;&nbsp;132997 | &nbsp;&nbsp;$214456 |
| Cia de Minas Buenaventura SAA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34350 | &nbsp;&nbsp;&nbsp;&nbsp; 277891 |
| Credicorp, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;&nbsp; 698360 |
| Ferreycorp SAA | &nbsp;&nbsp;&nbsp;&nbsp;248279 | &nbsp;&nbsp;&nbsp;&nbsp; 141412 |
| Southern Copper Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11976 | &nbsp;&nbsp;&nbsp;&nbsp; 900715 |
| Volcan Cia Minera SAA, Class B<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;849375 | &nbsp;&nbsp;&nbsp;&nbsp; 110452 |
|  |  | &nbsp;&nbsp;**$2343286** |
| Philippines — 2.4% | Philippines — 2.4% | Philippines — 2.4% |
| Aboitiz Equity Ventures, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;108400 | &nbsp;&nbsp;$113169 |
| Aboitiz Power Corp. | &nbsp;&nbsp;&nbsp;&nbsp;318600 | &nbsp;&nbsp;&nbsp;&nbsp; 211469 |
| ACEN Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44685 | &nbsp;&nbsp;&nbsp;&nbsp; 5748 |
| Ayala Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14895 | &nbsp;&nbsp;&nbsp;&nbsp; 193707 |
| Ayala Land, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;269131 | &nbsp;&nbsp;&nbsp;&nbsp; 145159 |
| Ayala Land, Inc. GDR, PFC Shares<sup>(4)</sup> | 3951800 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Bank of the Philippine Islands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89460 | &nbsp;&nbsp;&nbsp;&nbsp; 172256 |
| BDO Unibank, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65992 | &nbsp;&nbsp;&nbsp;&nbsp; 148841 |
| Bloomberry Resorts Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;570800 | &nbsp;&nbsp;&nbsp;&nbsp; 96565 |
| Converge Information and Communications Technology Solutions, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;241400 | &nbsp;&nbsp;&nbsp;&nbsp; 77551 |
| D&L Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;493300 | &nbsp;&nbsp;&nbsp;&nbsp; 75039 |
| Emperador, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;380500 | &nbsp;&nbsp;&nbsp;&nbsp; 142858 |
| First Gen Corp. | &nbsp;&nbsp;&nbsp;&nbsp;319822 | &nbsp;&nbsp;&nbsp;&nbsp; 103026 |
| Globe Telecom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6161 | &nbsp;&nbsp;&nbsp;&nbsp; 228463 |
| GT Capital Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp; 74834 |
| International Container Terminal Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62100 | &nbsp;&nbsp;&nbsp;&nbsp; 236076 |
| JG Summit Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;178958 | &nbsp;&nbsp;&nbsp;&nbsp; 176023 |
| Jollibee Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62926 | &nbsp;&nbsp;&nbsp;&nbsp; 274558 |
| Manila Electric Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30200 | &nbsp;&nbsp;&nbsp;&nbsp; 155370 |
| Manila Water Co. | &nbsp;&nbsp;&nbsp;&nbsp;415800 | &nbsp;&nbsp;&nbsp;&nbsp; 150083 |
| Megaworld Corp. | 1361400 | &nbsp;&nbsp;&nbsp;&nbsp; 52919 |
| Metropolitan Bank & Trust Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64332 | &nbsp;&nbsp;&nbsp;&nbsp; 67590 |
| PLDT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13440 | &nbsp;&nbsp;&nbsp;&nbsp; 333084 |
| Puregold Price Club, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;337403 | &nbsp;&nbsp;&nbsp;&nbsp; 207256 |
| San Miguel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38970 | &nbsp;&nbsp;&nbsp;&nbsp; 71348 |
| Semirara Mining & Power Corp. | &nbsp;&nbsp;&nbsp;&nbsp;158920 | &nbsp;&nbsp;&nbsp;&nbsp; 93411 |
| SM Investments Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18871 | &nbsp;&nbsp;&nbsp;&nbsp; 319112 |
| SM Prime Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;671029 | &nbsp;&nbsp;&nbsp;&nbsp; 454675 |
| Universal Robina Corp. | &nbsp;&nbsp;&nbsp;&nbsp;149955 | &nbsp;&nbsp;&nbsp;&nbsp; 378815 |
| Wilcon Depot, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;244700 | &nbsp;&nbsp;&nbsp;&nbsp; 143338 |
|  |  | &nbsp;&nbsp;**$4902343** |
| Poland — 2.4% | Poland — 2.4% | Poland — 2.4% |
| Allegro.eu S.A.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57000 | &nbsp;&nbsp;$396751 |
| AmRest Holdings SE<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13322 | &nbsp;&nbsp;&nbsp;&nbsp; 63027 |
| Asseco Poland S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14276 | &nbsp;&nbsp;&nbsp;&nbsp; 251240 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Poland (continued) | Poland (continued) | Poland (continued) |
| Bank Polska Kasa Opieki S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5843 | &nbsp;&nbsp;$124861 |
| Budimex S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8210 | &nbsp;&nbsp;&nbsp;&nbsp; 528008 |
| CD Projekt S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp; 300100 |
| Cyfrowy Polsat S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41244 | &nbsp;&nbsp;&nbsp;&nbsp; 175130 |
| Eurocash S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;150552 | &nbsp;&nbsp;&nbsp;&nbsp; 518567 |
| Grupa Azoty S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9267 | &nbsp;&nbsp;&nbsp;&nbsp; 97397 |
| Grupa Kety S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp; 112548 |
| KGHM Polska Miedz S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9958 | &nbsp;&nbsp;&nbsp;&nbsp; 325558 |
| LPP S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 281087 |
| mBank S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735 | &nbsp;&nbsp;&nbsp;&nbsp; 54186 |
| Neuca S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662 | &nbsp;&nbsp;&nbsp;&nbsp; 95485 |
| Orange Polska S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75376 | &nbsp;&nbsp;&nbsp;&nbsp; 121686 |
| PGE S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51434 | &nbsp;&nbsp;&nbsp;&nbsp; 89063 |
| Polski Koncern Naftowy ORLEN S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46032 | &nbsp;&nbsp;&nbsp;&nbsp; 691383 |
| Powszechna Kasa Oszczednosci Bank Polski S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35415 | &nbsp;&nbsp;&nbsp;&nbsp; 264143 |
| Powszechny Zaklad Ubezpieczen S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29335 | &nbsp;&nbsp;&nbsp;&nbsp; 249347 |
| Santander Bank Polska S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1762 | &nbsp;&nbsp;&nbsp;&nbsp; 117141 |
| Tauron Polska Energia S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;254348 | &nbsp;&nbsp;&nbsp;&nbsp; 138789 |
|  |  | &nbsp;&nbsp;**$4995497** |
| Qatar — 1.1% | Qatar — 1.1% | Qatar — 1.1% |
| Aamal Co. QSC | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;$61720 |
| Al Meera Consumer Goods Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26169 | &nbsp;&nbsp;&nbsp;&nbsp; 115237 |
| Barwa Real Estate Co. | &nbsp;&nbsp;&nbsp;&nbsp;143634 | &nbsp;&nbsp;&nbsp;&nbsp; 111696 |
| Commercial Bank PSQC (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49707 | &nbsp;&nbsp;&nbsp;&nbsp; 81697 |
| Gulf International Services QSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;201811 | &nbsp;&nbsp;&nbsp;&nbsp; 97941 |
| Industries Qatar QSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98345 | &nbsp;&nbsp;&nbsp;&nbsp; 378817 |
| Masraf Al Rayan QSC | &nbsp;&nbsp;&nbsp;&nbsp;147361 | &nbsp;&nbsp;&nbsp;&nbsp; 110308 |
| Medicare Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45960 | &nbsp;&nbsp;&nbsp;&nbsp; 78020 |
| Ooredoo QPSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39870 | &nbsp;&nbsp;&nbsp;&nbsp; 97398 |
| Qatar Electricity & Water Co. QSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44621 | &nbsp;&nbsp;&nbsp;&nbsp; 216855 |
| Qatar Gas Transport Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;228433 | &nbsp;&nbsp;&nbsp;&nbsp; 237698 |
| Qatar Islamic Bank SAQ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27137 | &nbsp;&nbsp;&nbsp;&nbsp; 146056 |
| Qatar National Bank QPSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68885 | &nbsp;&nbsp;&nbsp;&nbsp; 339482 |
| United Development Co. QSC | &nbsp;&nbsp;&nbsp;&nbsp;156214 | &nbsp;&nbsp;&nbsp;&nbsp; 51733 |
| Vodafone Qatar QSC | &nbsp;&nbsp;&nbsp;&nbsp;215393 | &nbsp;&nbsp;&nbsp;&nbsp; 101111 |
|  |  | &nbsp;&nbsp;**$2225769** |
| Romania — 0.6% | Romania — 0.6% | Romania — 0.6% |
| Banca Transilvania S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66709 | &nbsp;&nbsp;$292701 |
| BRD-Groupe Societe Generale S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27477 | &nbsp;&nbsp;&nbsp;&nbsp; 83343 |
| MED Life S.A.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28200 | &nbsp;&nbsp;&nbsp;&nbsp; 119125 |
| OMV Petrom S.A. | 3674697 | &nbsp;&nbsp;&nbsp;&nbsp; 375192 |
| Societatea Nationala de Gaze Naturale ROMGAZ S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31346 | &nbsp;&nbsp;&nbsp;&nbsp; 278175 |
| Societatea Nationala Nuclearelectrica S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9700 | &nbsp;&nbsp;&nbsp;&nbsp; 94994 |
|  |  | &nbsp;&nbsp;**$1243530** |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Russia <sup>(6)</sup> — 0.0% | Russia <sup>(6)</sup> — 0.0% | Russia <sup>(6)</sup> — 0.0% |
| Aeroflot PJSC<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;320440 | &nbsp;&nbsp;$0 |
| Alrosa PJSC<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;177900 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Detsky Mir PJSC<sup>(1)(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;105940 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Evraz PLC<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34831 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Federal Grid Co. Unified Energy System PJSC<sup>(1)(4)</sup> | 54265440 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Globaltrans Investment PLC GDR<sup>(1)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40040 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Inter RAO UES PJSC<sup>(4)</sup> | 6829770 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Magnit PJSC<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13121 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Magnitogorsk Iron & Steel Works PJSC<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;182710 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| MMC Norilsk Nickel PJSC<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3387 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| MMC Norilsk Nickel PJSC ADR<sup>(1)(4)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3095 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| MMC Norilsk Nickel PJSC ADR<sup>(1)(4)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Mobile TeleSystems PJSC<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89417 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Moscow Exchange MICEX-RTS PJSC<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47890 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Novatek PJSC<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23410 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| OGK-2 PJSC<sup>(4)</sup> | 12211000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| PhosAgro PJSC<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2547 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| PhosAgro PJSC GDR<sup>(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| PhosAgro PJSC GDR<sup>(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| PIK Group PJSC<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20850 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Rosseti PJSC<sup>(1)(4)</sup> | 3556000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Rostelecom PJSC<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;107057 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| RusHydro PJSC<sup>(4)</sup> | 16550080 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Sberbank of Russia PJSC<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;123888 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Severstal PAO GDR<sup>(1)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13622 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Sistema PJSFC<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;453878 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Surgutneftegas PJSC, PFC Shares<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;260300 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Unipro PJSC<sup>(1)(4)</sup> | 1521000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Yandex NV, Class A<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26400 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp;**$0** |
| Saudi Arabia — 4.5% | Saudi Arabia — 4.5% | Saudi Arabia — 4.5% |
| Abdullah Al Othaim Markets Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6103 | &nbsp;&nbsp;$171686 |
| Advanced Petrochemical Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4088 | &nbsp;&nbsp;&nbsp;&nbsp; 51556 |
| Al Hammadi Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8581 | &nbsp;&nbsp;&nbsp;&nbsp; 110265 |
| Al Rajhi Bank<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13800 | &nbsp;&nbsp;&nbsp;&nbsp; 302927 |
| Alandalus Property Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22858 | &nbsp;&nbsp;&nbsp;&nbsp; 105183 |
| Aldrees Petroleum and Transport Services Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4272 | &nbsp;&nbsp;&nbsp;&nbsp; 90867 |
| Almarai Co. JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22097 | &nbsp;&nbsp;&nbsp;&nbsp; 327474 |
| Arabian Centres Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26197 | &nbsp;&nbsp;&nbsp;&nbsp; 140248 |
| Arriyadh Development Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9090 | &nbsp;&nbsp;&nbsp;&nbsp; 46161 |
| Astra Industrial Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3516 | &nbsp;&nbsp;&nbsp;&nbsp; 50968 |
| Banque Saudi Fransi | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11191 | &nbsp;&nbsp;&nbsp;&nbsp; 122372 |
| Dallah Healthcare Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3734 | &nbsp;&nbsp;&nbsp;&nbsp; 136898 |
| Dar Al Arkan Real Estate Development Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57820 | &nbsp;&nbsp;&nbsp;&nbsp; 193510 |
| Dr Sulaiman Al Habib Medical Services Group Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11370 | &nbsp;&nbsp;&nbsp;&nbsp; 710658 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Saudi Arabia (continued) | Saudi Arabia (continued) | Saudi Arabia (continued) |
| Dur Hospitality Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17800 | &nbsp;&nbsp;$111121 |
| Emaar Economic City<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88268 | &nbsp;&nbsp;&nbsp;&nbsp; 193190 |
| Etihad Etisalat Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18320 | &nbsp;&nbsp;&nbsp;&nbsp; 173073 |
| Fawaz Abdulaziz Al Hokair & Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16655 | &nbsp;&nbsp;&nbsp;&nbsp; 81266 |
| Herfy Food Services Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4801 | &nbsp;&nbsp;&nbsp;&nbsp; 46558 |
| Jarir Marketing Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9516 | &nbsp;&nbsp;&nbsp;&nbsp; 382491 |
| Leejam Sports Co. JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4692 | &nbsp;&nbsp;&nbsp;&nbsp; 106281 |
| Maharah Human Resources Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3090 | &nbsp;&nbsp;&nbsp;&nbsp; 44475 |
| Mobile Telecommunications Co. Saudi Arabia<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27145 | &nbsp;&nbsp;&nbsp;&nbsp; 75965 |
| Mouwasat Medical Services Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6039 | &nbsp;&nbsp;&nbsp;&nbsp; 332471 |
| National Gas & Industrialization Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7147 | &nbsp;&nbsp;&nbsp;&nbsp; 100337 |
| National Medical Care Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 84706 |
| Riyad Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16422 | &nbsp;&nbsp;&nbsp;&nbsp; 135455 |
| SABIC Agri-Nutrients Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3518 | &nbsp;&nbsp;&nbsp;&nbsp; 128988 |
| Sahara International Petrochemical Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6353 | &nbsp;&nbsp;&nbsp;&nbsp; 63208 |
| Saudi Airlines Catering Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7873 | &nbsp;&nbsp;&nbsp;&nbsp; 159266 |
| Saudi Arabian Mining Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8052 | &nbsp;&nbsp;&nbsp;&nbsp; 159328 |
| Saudi Arabian Oil Co.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;116957 | &nbsp;&nbsp;&nbsp;&nbsp; 1031852 |
| Saudi Basic Industries Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9127 | &nbsp;&nbsp;&nbsp;&nbsp; 226492 |
| Saudi British Bank (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11656 | &nbsp;&nbsp;&nbsp;&nbsp; 112939 |
| Saudi Ceramic Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8453 | &nbsp;&nbsp;&nbsp;&nbsp; 69637 |
| Saudi Chemical Co. Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7125 | &nbsp;&nbsp;&nbsp;&nbsp; 51282 |
| Saudi Electricity Co. | &nbsp;&nbsp;&nbsp;&nbsp;117968 | &nbsp;&nbsp;&nbsp;&nbsp; 726916 |
| Saudi Ground Services Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9867 | &nbsp;&nbsp;&nbsp;&nbsp; 58646 |
| Saudi Industrial Investment Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10164 | &nbsp;&nbsp;&nbsp;&nbsp; 67534 |
| Saudi Kayan Petrochemical Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25009 | &nbsp;&nbsp;&nbsp;&nbsp; 89153 |
| Saudi National Bank (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22107 | &nbsp;&nbsp;&nbsp;&nbsp; 279865 |
| Saudi Pharmaceutical Industries & Medical Appliances Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9738 | &nbsp;&nbsp;&nbsp;&nbsp; 59668 |
| Saudi Public Transport Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | &nbsp;&nbsp;&nbsp;&nbsp; 73121 |
| Saudi Telecom Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67815 | &nbsp;&nbsp;&nbsp;&nbsp; 669279 |
| Saudia Dairy & Foodstuff Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2626 | &nbsp;&nbsp;&nbsp;&nbsp; 164852 |
| Savola Group (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26583 | &nbsp;&nbsp;&nbsp;&nbsp; 213300 |
| Seera Group Holding<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22676 | &nbsp;&nbsp;&nbsp;&nbsp; 112157 |
| United Electronics Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6923 | &nbsp;&nbsp;&nbsp;&nbsp; 140373 |
| United International Transportation Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7246 | &nbsp;&nbsp;&nbsp;&nbsp; 96991 |
| Yanbu National Petrochemical Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;&nbsp; 62805 |
|  |  | &nbsp;&nbsp;**$9245814** |
| Slovenia — 0.6% | Slovenia — 0.6% | Slovenia — 0.6% |
| Cinkarna Celje DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2670 | &nbsp;&nbsp;$74946 |
| Krka dd Novo mesto | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6969 | &nbsp;&nbsp;&nbsp;&nbsp; 777244 |
| Luka Koper | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2454 | &nbsp;&nbsp;&nbsp;&nbsp; 67103 |
| Petrol | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3820 | &nbsp;&nbsp;&nbsp;&nbsp; 92688 |
| Pozavarovalnica Sava DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3525 | &nbsp;&nbsp;&nbsp;&nbsp; 91618 |

---

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Slovenia (continued) | Slovenia (continued) | Slovenia (continued) |
| Telekom Slovenije DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1159 | &nbsp;&nbsp;$62081 |
| Zavarovalnica Triglav DD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2806 | &nbsp;&nbsp;&nbsp;&nbsp; 107088 |
|  |  | &nbsp;&nbsp;**$1272768** |
| South Africa — 4.9% | South Africa — 4.9% | South Africa — 4.9% |
| Anglo American Platinum, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1244 | &nbsp;&nbsp;$92518 |
| AngloGold Ashanti, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9504 | &nbsp;&nbsp;&nbsp;&nbsp; 199822 |
| Aspen Pharmacare Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54491 | &nbsp;&nbsp;&nbsp;&nbsp; 475419 |
| AVI, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13138 | &nbsp;&nbsp;&nbsp;&nbsp; 56077 |
| Barloworld, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41807 | &nbsp;&nbsp;&nbsp;&nbsp; 216136 |
| Bid Corp., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13100 | &nbsp;&nbsp;&nbsp;&nbsp; 270446 |
| Bidvest Group, Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48342 | &nbsp;&nbsp;&nbsp;&nbsp; 624298 |
| Capitec Bank Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1232 | &nbsp;&nbsp;&nbsp;&nbsp; 127249 |
| Clicks Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13500 | &nbsp;&nbsp;&nbsp;&nbsp; 206063 |
| DataTec, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72300 | &nbsp;&nbsp;&nbsp;&nbsp; 141612 |
| Discovery, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12290 | &nbsp;&nbsp;&nbsp;&nbsp; 97756 |
| Equites Property Fund, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;104000 | &nbsp;&nbsp;&nbsp;&nbsp; 95194 |
| Exxaro Resources, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51110 | &nbsp;&nbsp;&nbsp;&nbsp; 641423 |
| FirstRand, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77535 | &nbsp;&nbsp;&nbsp;&nbsp; 288089 |
| Fortress Real Estate Investments, Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;175418 | &nbsp;&nbsp;&nbsp;&nbsp; 102491 |
| Foschini Group, Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12308 | &nbsp;&nbsp;&nbsp;&nbsp; 76936 |
| Gold Fields, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15697 | &nbsp;&nbsp;&nbsp;&nbsp; 178913 |
| Growthpoint Properties, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;255900 | &nbsp;&nbsp;&nbsp;&nbsp; 206328 |
| Harmony Gold Mining Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18553 | &nbsp;&nbsp;&nbsp;&nbsp; 66074 |
| Hyprop Investments, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31700 | &nbsp;&nbsp;&nbsp;&nbsp; 60917 |
| Impala Platinum Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18462 | &nbsp;&nbsp;&nbsp;&nbsp; 214082 |
| Kumba Iron Ore, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2760 | &nbsp;&nbsp;&nbsp;&nbsp; 84511 |
| Life Healthcare Group Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;258186 | &nbsp;&nbsp;&nbsp;&nbsp; 253505 |
| Mediclinic International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62346 | &nbsp;&nbsp;&nbsp;&nbsp; 381648 |
| Mr Price Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12155 | &nbsp;&nbsp;&nbsp;&nbsp; 115025 |
| MTN Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85400 | &nbsp;&nbsp;&nbsp;&nbsp; 722878 |
| MultiChoice Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20757 | &nbsp;&nbsp;&nbsp;&nbsp; 143314 |
| Naspers, Ltd., Class N | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6607 | &nbsp;&nbsp;&nbsp;&nbsp; 1277390 |
| NEPI Rockcastle NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38480 | &nbsp;&nbsp;&nbsp;&nbsp; 239088 |
| Netcare, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;149337 | &nbsp;&nbsp;&nbsp;&nbsp; 123053 |
| Pick'n Pay Stores, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14362 | &nbsp;&nbsp;&nbsp;&nbsp; 46007 |
| Redefine Properties, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;579291 | &nbsp;&nbsp;&nbsp;&nbsp; 134087 |
| Resilient REIT, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48463 | &nbsp;&nbsp;&nbsp;&nbsp; 147333 |
| Reunert, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55746 | &nbsp;&nbsp;&nbsp;&nbsp; 183806 |
| Sanlam, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28912 | &nbsp;&nbsp;&nbsp;&nbsp; 93693 |
| Sasol, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10993 | &nbsp;&nbsp;&nbsp;&nbsp; 199708 |
| Shoprite Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21115 | &nbsp;&nbsp;&nbsp;&nbsp; 292298 |
| Sibanye Stillwater, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48312 | &nbsp;&nbsp;&nbsp;&nbsp; 127701 |
| SPAR Group, Ltd. (The)<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14831 | &nbsp;&nbsp;&nbsp;&nbsp; 117355 |
| Standard Bank Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16101 | &nbsp;&nbsp;&nbsp;&nbsp; 160651 |
| Telkom S.A. SOC, Ltd.<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33018 | &nbsp;&nbsp;&nbsp;&nbsp; 66055 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| South Africa (continued) | South Africa (continued) | South Africa (continued) |
| Thungela Resources, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;$36125 |
| Tiger Brands, Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10940 | &nbsp;&nbsp;&nbsp;&nbsp; 130878 |
| Vodacom Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36800 | &nbsp;&nbsp;&nbsp;&nbsp; 258625 |
| Wilson Bayly Holmes-Ovcon, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19623 | &nbsp;&nbsp;&nbsp;&nbsp; 111334 |
| Woolworths Holdings, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46024 | &nbsp;&nbsp;&nbsp;&nbsp; 199631 |
| Zeda, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41807 | &nbsp;&nbsp;&nbsp;&nbsp; 31956 |
|  |  | &nbsp;&nbsp;**$10115498** |
| South Korea — 4.8% | South Korea — 4.8% | South Korea — 4.8% |
| Alteogen, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1857 | &nbsp;&nbsp;$55954 |
| AMOREPACIFIC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;852 | &nbsp;&nbsp;&nbsp;&nbsp; 101274 |
| AMOREPACIFIC Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2180 | &nbsp;&nbsp;&nbsp;&nbsp; 72982 |
| Bukwang Pharmaceutical Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7850 | &nbsp;&nbsp;&nbsp;&nbsp; 59504 |
| Celltrion Healthcare Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4290 | &nbsp;&nbsp;&nbsp;&nbsp; 200774 |
| Celltrion Pharm, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350 | &nbsp;&nbsp;&nbsp;&nbsp; 70476 |
| Celltrion, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2993 | &nbsp;&nbsp;&nbsp;&nbsp; 395020 |
| CJ CheilJedang Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423 | &nbsp;&nbsp;&nbsp;&nbsp; 118677 |
| CJ Logistics Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566 | &nbsp;&nbsp;&nbsp;&nbsp; 41580 |
| Coway Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2548 | &nbsp;&nbsp;&nbsp;&nbsp; 115548 |
| Daewoo Industrial Development Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3657 | &nbsp;&nbsp;&nbsp;&nbsp; 5394 |
| DL E&C Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1924 | &nbsp;&nbsp;&nbsp;&nbsp; 59779 |
| E-MART, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1232 | &nbsp;&nbsp;&nbsp;&nbsp; 104703 |
| GS Engineering & Construction Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3086 | &nbsp;&nbsp;&nbsp;&nbsp; 58853 |
| GS Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1569 | &nbsp;&nbsp;&nbsp;&nbsp; 56379 |
| Hankook Tire and Technology Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3779 | &nbsp;&nbsp;&nbsp;&nbsp; 99727 |
| Hanmi Pharm Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946 | &nbsp;&nbsp;&nbsp;&nbsp; 197637 |
| Hanwha Solutions Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4103 | &nbsp;&nbsp;&nbsp;&nbsp; 152054 |
| HD Hyundai Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2610 | &nbsp;&nbsp;&nbsp;&nbsp; 129741 |
| Helixmith Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6986 | &nbsp;&nbsp;&nbsp;&nbsp; 66703 |
| Hugel, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653 | &nbsp;&nbsp;&nbsp;&nbsp; 75412 |
| Hyundai Department Store Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1615 | &nbsp;&nbsp;&nbsp;&nbsp; 81026 |
| Hyundai Engineering & Construction Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2645 | &nbsp;&nbsp;&nbsp;&nbsp; 82231 |
| Hyundai Glovis Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;758 | &nbsp;&nbsp;&nbsp;&nbsp; 102582 |
| Hyundai Mobis Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792 | &nbsp;&nbsp;&nbsp;&nbsp; 132428 |
| Hyundai Motor Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 313539 |
| Hyundai Steel Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3449 | &nbsp;&nbsp;&nbsp;&nbsp; 96342 |
| Kakao Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3776 | &nbsp;&nbsp;&nbsp;&nbsp; 190074 |
| Kangwon Land, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5706 | &nbsp;&nbsp;&nbsp;&nbsp; 109338 |
| KB Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3231 | &nbsp;&nbsp;&nbsp;&nbsp; 147244 |
| Kia Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3041 | &nbsp;&nbsp;&nbsp;&nbsp; 165680 |
| Korea Electric Power Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4640 | &nbsp;&nbsp;&nbsp;&nbsp; 74914 |
| Korea Shipbuilding & Offshore Engineering Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;993 | &nbsp;&nbsp;&nbsp;&nbsp; 64493 |
| Korea Zinc Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283 | &nbsp;&nbsp;&nbsp;&nbsp; 124643 |
| KT&G Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3552 | &nbsp;&nbsp;&nbsp;&nbsp; 266441 |
| Kumho Petrochemical Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;743 | &nbsp;&nbsp;&nbsp;&nbsp; 89364 |
| LG Chem, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652 | &nbsp;&nbsp;&nbsp;&nbsp; 367991 |

---

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| South Korea (continued) | South Korea (continued) | South Korea (continued) |
| LG Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1914 | &nbsp;&nbsp;$128897 |
| LG Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2209 | &nbsp;&nbsp;&nbsp;&nbsp; 181004 |
| LG H&H Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241 | &nbsp;&nbsp;&nbsp;&nbsp; 146108 |
| LG Uplus Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7151 | &nbsp;&nbsp;&nbsp;&nbsp; 64668 |
| MedPacto, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1418 | &nbsp;&nbsp;&nbsp;&nbsp; 24294 |
| Medytox, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1051 | &nbsp;&nbsp;&nbsp;&nbsp; 114463 |
| Mezzion Pharma Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3897 | &nbsp;&nbsp;&nbsp;&nbsp; 40696 |
| Naver Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1991 | &nbsp;&nbsp;&nbsp;&nbsp; 330756 |
| NCSoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372 | &nbsp;&nbsp;&nbsp;&nbsp; 137689 |
| Orion Corp. of Republic of Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1268 | &nbsp;&nbsp;&nbsp;&nbsp; 128348 |
| POSCO Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619 | &nbsp;&nbsp;&nbsp;&nbsp; 152105 |
| S1 Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1533 | &nbsp;&nbsp;&nbsp;&nbsp; 71727 |
| Samsung Biologics Co., Ltd.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629 | &nbsp;&nbsp;&nbsp;&nbsp; 406133 |
| Samsung C&T Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1554 | &nbsp;&nbsp;&nbsp;&nbsp; 150088 |
| Samsung Electro-Mechanics Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1243 | &nbsp;&nbsp;&nbsp;&nbsp; 145174 |
| Samsung Electronics Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32105 | &nbsp;&nbsp;&nbsp;&nbsp; 1599157 |
| Samsung SDI Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523 | &nbsp;&nbsp;&nbsp;&nbsp; 293090 |
| Samsung SDS Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570 | &nbsp;&nbsp;&nbsp;&nbsp; 58126 |
| Seegene, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1860 | &nbsp;&nbsp;&nbsp;&nbsp; 41515 |
| Shinhan Financial Group Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4669 | &nbsp;&nbsp;&nbsp;&nbsp; 157879 |
| SK Hynix, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4140 | &nbsp;&nbsp;&nbsp;&nbsp; 299503 |
| SK Innovation Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1728 | &nbsp;&nbsp;&nbsp;&nbsp; 229677 |
| SK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913 | &nbsp;&nbsp;&nbsp;&nbsp; 147686 |
| S-Oil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2051 | &nbsp;&nbsp;&nbsp;&nbsp; 147955 |
| Yuhan Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4256 | &nbsp;&nbsp;&nbsp;&nbsp; 181158 |
| Zyle Motors Corp.<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5113 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp;**$10024397** |
| Sri Lanka — 0.4% | Sri Lanka — 0.4% | Sri Lanka — 0.4% |
| Ceylon Tobacco Co. PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38480 | &nbsp;&nbsp;$67172 |
| Chevron Lubricants Lanka PLC | &nbsp;&nbsp;&nbsp;&nbsp;343215 | &nbsp;&nbsp;&nbsp;&nbsp; 98670 |
| Commercial Bank of Ceylon PLC | &nbsp;&nbsp;&nbsp;&nbsp;361272 | &nbsp;&nbsp;&nbsp;&nbsp; 55853 |
| Dialog Axiata PLC | 1107719 | &nbsp;&nbsp;&nbsp;&nbsp; 28353 |
| Expolanka Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;185620 | &nbsp;&nbsp;&nbsp;&nbsp; 94299 |
| Hatton National Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;116192 | &nbsp;&nbsp;&nbsp;&nbsp; 27064 |
| John Keells Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;495487 | &nbsp;&nbsp;&nbsp;&nbsp; 187656 |
| Lanka IOC PLC | &nbsp;&nbsp;&nbsp;&nbsp;271858 | &nbsp;&nbsp;&nbsp;&nbsp; 152022 |
| Melstacorp PLC | &nbsp;&nbsp;&nbsp;&nbsp;696058 | &nbsp;&nbsp;&nbsp;&nbsp; 100531 |
| Sampath Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;286546 | &nbsp;&nbsp;&nbsp;&nbsp; 33548 |
| Teejay Lanka PLC | &nbsp;&nbsp;&nbsp;&nbsp;460029 | &nbsp;&nbsp;&nbsp;&nbsp; 45064 |
|  |  | &nbsp;&nbsp;**$890232** |
| Taiwan — 7.2% | Taiwan — 7.2% | Taiwan — 7.2% |
| Accton Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;$81723 |
| Acer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;119519 | &nbsp;&nbsp;&nbsp;&nbsp; 99780 |
| Advantech Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8697 | &nbsp;&nbsp;&nbsp;&nbsp; 99448 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Taiwan (continued) | Taiwan (continued) | Taiwan (continued) |
| AirTAC International Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4178 | &nbsp;&nbsp;$142884 |
| ASE Technology Holding Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23561 | &nbsp;&nbsp;&nbsp;&nbsp; 79496 |
| Asia Cement Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51000 | &nbsp;&nbsp;&nbsp;&nbsp; 71849 |
| Asustek Computer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7325 | &nbsp;&nbsp;&nbsp;&nbsp; 66719 |
| AUO Corp. | &nbsp;&nbsp;&nbsp;&nbsp;150269 | &nbsp;&nbsp;&nbsp;&nbsp; 84499 |
| Catcher Technology Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12183 | &nbsp;&nbsp;&nbsp;&nbsp; 72448 |
| Cathay Financial Holding Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71295 | &nbsp;&nbsp;&nbsp;&nbsp; 101501 |
| Center Laboratories, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;121081 | &nbsp;&nbsp;&nbsp;&nbsp; 190984 |
| Chailease Holding Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12600 | &nbsp;&nbsp;&nbsp;&nbsp; 94955 |
| Cheng Shin Rubber Industry Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;110672 | &nbsp;&nbsp;&nbsp;&nbsp; 127709 |
| China Airlines, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;124000 | &nbsp;&nbsp;&nbsp;&nbsp; 80890 |
| China Motor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40926 | &nbsp;&nbsp;&nbsp;&nbsp; 82618 |
| China Steel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;223734 | &nbsp;&nbsp;&nbsp;&nbsp; 236764 |
| Chong Hong Construction Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;&nbsp; 83961 |
| Chunghwa Telecom Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;201746 | &nbsp;&nbsp;&nbsp;&nbsp; 753948 |
| CTBC Financial Holding Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;134275 | &nbsp;&nbsp;&nbsp;&nbsp; 102670 |
| Delta Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20151 | &nbsp;&nbsp;&nbsp;&nbsp; 195414 |
| Eclat Textile Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7159 | &nbsp;&nbsp;&nbsp;&nbsp; 119393 |
| EVA Airways Corp. | &nbsp;&nbsp;&nbsp;&nbsp;212861 | &nbsp;&nbsp;&nbsp;&nbsp; 207722 |
| Evergreen International Storage & Transport Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93000 | &nbsp;&nbsp;&nbsp;&nbsp; 83968 |
| Evergreen Marine Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34576 | &nbsp;&nbsp;&nbsp;&nbsp; 176640 |
| Far Eastern Department Stores, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70990 | &nbsp;&nbsp;&nbsp;&nbsp; 51382 |
| Far Eastern New Century Corp. | &nbsp;&nbsp;&nbsp;&nbsp;139695 | &nbsp;&nbsp;&nbsp;&nbsp; 152678 |
| Far EasTone Telecommunications Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;121084 | &nbsp;&nbsp;&nbsp;&nbsp; 269354 |
| Feng Hsin Steel Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32260 | &nbsp;&nbsp;&nbsp;&nbsp; 74421 |
| Feng TAY Enterprise Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp; 118847 |
| Formosa Chemicals & Fibre Corp. | &nbsp;&nbsp;&nbsp;&nbsp;108014 | &nbsp;&nbsp;&nbsp;&nbsp; 260346 |
| Formosa Petrochemical Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79320 | &nbsp;&nbsp;&nbsp;&nbsp; 222316 |
| Formosa Plastics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;114183 | &nbsp;&nbsp;&nbsp;&nbsp; 340364 |
| Formosa Taffeta Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98149 | &nbsp;&nbsp;&nbsp;&nbsp; 88819 |
| Fubon Financial Holding Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61657 | &nbsp;&nbsp;&nbsp;&nbsp; 124182 |
| Giant Manufacturing Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18868 | &nbsp;&nbsp;&nbsp;&nbsp; 129543 |
| Golden Biotechnology Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11715 | &nbsp;&nbsp;&nbsp;&nbsp; 23147 |
| Great Wall Enterprise Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97455 | &nbsp;&nbsp;&nbsp;&nbsp; 150603 |
| Highwealth Construction Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57208 | &nbsp;&nbsp;&nbsp;&nbsp; 78477 |
| Hiwin Technologies Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17069 | &nbsp;&nbsp;&nbsp;&nbsp; 127623 |
| Hon Hai Precision Industry Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75443 | &nbsp;&nbsp;&nbsp;&nbsp; 251582 |
| Hotai Motor Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp; 263461 |
| Huaku Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;&nbsp; 83114 |
| Innolux Corp. | &nbsp;&nbsp;&nbsp;&nbsp;219010 | &nbsp;&nbsp;&nbsp;&nbsp; 89604 |
| International Games System Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp; 132351 |
| Inventec Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89966 | &nbsp;&nbsp;&nbsp;&nbsp; 75841 |
| Largan Precision Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1795 | &nbsp;&nbsp;&nbsp;&nbsp; 128094 |
| Lien Hwa Industrial Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76650 | &nbsp;&nbsp;&nbsp;&nbsp; 132983 |
| Lite-On Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34000 | &nbsp;&nbsp;&nbsp;&nbsp; 75551 |
| Makalot Industrial Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000 | &nbsp;&nbsp;&nbsp;&nbsp; 94908 |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Taiwan (continued) | Taiwan (continued) | Taiwan (continued) |
| MediaTek, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10462 | &nbsp;&nbsp;$252772 |
| Medigen Vaccine Biologics Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20759 | &nbsp;&nbsp;&nbsp;&nbsp; 50877 |
| Mega Financial Holding Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;114085 | &nbsp;&nbsp;&nbsp;&nbsp; 121821 |
| Merida Industry Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17657 | &nbsp;&nbsp;&nbsp;&nbsp; 107441 |
| momo.com, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp; 95802 |
| Nan Kang Rubber Tire Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95253 | &nbsp;&nbsp;&nbsp;&nbsp; 108182 |
| Nan Ya Plastics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;125214 | &nbsp;&nbsp;&nbsp;&nbsp; 315117 |
| Nien Made Enterprise Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11000 | &nbsp;&nbsp;&nbsp;&nbsp; 114651 |
| Novatek Microelectronics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 107171 |
| Oneness Biotech Co., Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp; 171230 |
| Pegatron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54028 | &nbsp;&nbsp;&nbsp;&nbsp; 116465 |
| Polaris Group<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27979 | &nbsp;&nbsp;&nbsp;&nbsp; 95600 |
| Pou Chen Corp. | &nbsp;&nbsp;&nbsp;&nbsp;151819 | &nbsp;&nbsp;&nbsp;&nbsp; 174188 |
| President Chain Store Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32664 | &nbsp;&nbsp;&nbsp;&nbsp; 294224 |
| Quanta Computer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42508 | &nbsp;&nbsp;&nbsp;&nbsp; 106163 |
| Radium Life Tech Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;226001 | &nbsp;&nbsp;&nbsp;&nbsp; 68457 |
| Realtek Semiconductor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6002 | &nbsp;&nbsp;&nbsp;&nbsp; 64455 |
| Ruentex Development Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81259 | &nbsp;&nbsp;&nbsp;&nbsp; 121693 |
| Ruentex Industries, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46302 | &nbsp;&nbsp;&nbsp;&nbsp; 103745 |
| St. Shine Optical Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp; 186333 |
| TA Chen Stainless Pipe Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56560 | &nbsp;&nbsp;&nbsp;&nbsp; 84967 |
| Tainan Spinning Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;147822 | &nbsp;&nbsp;&nbsp;&nbsp; 84648 |
| Taiwan Cement Corp. | &nbsp;&nbsp;&nbsp;&nbsp;172073 | &nbsp;&nbsp;&nbsp;&nbsp; 208426 |
| Taiwan Fertilizer Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37000 | &nbsp;&nbsp;&nbsp;&nbsp; 68983 |
| Taiwan High Speed Rail Corp. | &nbsp;&nbsp;&nbsp;&nbsp;104000 | &nbsp;&nbsp;&nbsp;&nbsp; 101322 |
| Taiwan Mobile Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;102296 | &nbsp;&nbsp;&nbsp;&nbsp; 322764 |
| Taiwan Semiconductor Manufacturing Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;114369 | &nbsp;&nbsp;&nbsp;&nbsp; 2018245 |
| Tatung Co., Ltd. <sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86000 | &nbsp;&nbsp;&nbsp;&nbsp; 98281 |
| Teco Electric & Machinery Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;&nbsp;&nbsp; 115143 |
| Tong Yang Industry Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;105608 | &nbsp;&nbsp;&nbsp;&nbsp; 159409 |
| TTY Biopharm Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94096 | &nbsp;&nbsp;&nbsp;&nbsp; 243791 |
| Tung Ho Steel Enterprise Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32200 | &nbsp;&nbsp;&nbsp;&nbsp; 62231 |
| Unimicron Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21000 | &nbsp;&nbsp;&nbsp;&nbsp; 96684 |
| Uni-President Enterprises Corp. | &nbsp;&nbsp;&nbsp;&nbsp;273831 | &nbsp;&nbsp;&nbsp;&nbsp; 615185 |
| United Microelectronics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;102090 | &nbsp;&nbsp;&nbsp;&nbsp; 167065 |
| Voltronic Power Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 202417 |
| Walsin Lihwa Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74000 | &nbsp;&nbsp;&nbsp;&nbsp; 134699 |
| Wei Chuan Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp;179000 | &nbsp;&nbsp;&nbsp;&nbsp; 114377 |
| Yageo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7163 | &nbsp;&nbsp;&nbsp;&nbsp; 130015 |
| Yang Ming Marine Transport Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68621 | &nbsp;&nbsp;&nbsp;&nbsp; 144129 |
| Yieh Phui Enterprise Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90348 | &nbsp;&nbsp;&nbsp;&nbsp; 51825 |
|  |  | &nbsp;&nbsp;**$14978567** |
| Thailand — 5.0% | Thailand — 5.0% | Thailand — 5.0% |
| Advanced Info Service PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63400 | &nbsp;&nbsp;$375391 |
| Airports of Thailand PCL<sup>(1)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;181200 | &nbsp;&nbsp;&nbsp;&nbsp; 408626 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Thailand (continued) | Thailand (continued) | Thailand (continued) |
| Asset World Corp. PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;613200 | &nbsp;&nbsp;$111049 |
| Bangkok Bank PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;&nbsp; 83401 |
| Bangkok Chain Hospital PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;316800 | &nbsp;&nbsp;&nbsp;&nbsp; 209217 |
| Bangkok Dusit Medical Services PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;746100 | &nbsp;&nbsp;&nbsp;&nbsp; 674591 |
| Bangkok Expressway & Metro PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;281500 | &nbsp;&nbsp;&nbsp;&nbsp; 82867 |
| Bangkok Land PCL<sup>(8)</sup> | 2263800 | &nbsp;&nbsp;&nbsp;&nbsp; 72694 |
| Banpu PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;131633 | &nbsp;&nbsp;&nbsp;&nbsp; 46459 |
| BTS Group Holdings PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;331100 | &nbsp;&nbsp;&nbsp;&nbsp; 84962 |
| Bumrungrad Hospital PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65400 | &nbsp;&nbsp;&nbsp;&nbsp; 431018 |
| Carabao Group PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27500 | &nbsp;&nbsp;&nbsp;&nbsp; 86160 |
| Central Pattana PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81600 | &nbsp;&nbsp;&nbsp;&nbsp; 176852 |
| Central Retail Corp. PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;154166 | &nbsp;&nbsp;&nbsp;&nbsp; 199510 |
| Charoen Pokphand Foods PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;188700 | &nbsp;&nbsp;&nbsp;&nbsp; 135076 |
| Chularat Hospital PCL<sup>(8)</sup> | 1881100 | &nbsp;&nbsp;&nbsp;&nbsp; 227943 |
| CP ALL PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;160100 | &nbsp;&nbsp;&nbsp;&nbsp; 323395 |
| CPN Retail Growth Leasehold REIT | &nbsp;&nbsp;&nbsp;&nbsp;146500 | &nbsp;&nbsp;&nbsp;&nbsp; 85654 |
| Delta Electronics (Thailand) PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59700 | &nbsp;&nbsp;&nbsp;&nbsp; 1640197 |
| Electricity Generating PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12700 | &nbsp;&nbsp;&nbsp;&nbsp; 67117 |
| Energy Absolute PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70400 | &nbsp;&nbsp;&nbsp;&nbsp; 185076 |
| Global Power Synergy PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43300 | &nbsp;&nbsp;&nbsp;&nbsp; 90656 |
| Gulf Energy Development PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;156000 | &nbsp;&nbsp;&nbsp;&nbsp; 255045 |
| Hana Microelectronics PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;140900 | &nbsp;&nbsp;&nbsp;&nbsp; 260533 |
| Home Product Center PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;409255 | &nbsp;&nbsp;&nbsp;&nbsp; 178081 |
| Indorama Ventures PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;172600 | &nbsp;&nbsp;&nbsp;&nbsp; 212607 |
| Jasmine International PCL<sup>(1)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;634000 | &nbsp;&nbsp;&nbsp;&nbsp; 44688 |
| Jay Mart PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;164100 | &nbsp;&nbsp;&nbsp;&nbsp; 186686 |
| Kasikornbank PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32000 | &nbsp;&nbsp;&nbsp;&nbsp; 141134 |
| KCE Electronics PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;152800 | &nbsp;&nbsp;&nbsp;&nbsp; 255637 |
| Land & Houses PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;489100 | &nbsp;&nbsp;&nbsp;&nbsp; 146979 |
| Mega Lifesciences PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;111800 | &nbsp;&nbsp;&nbsp;&nbsp; 177596 |
| Minor International PCL<sup>(1)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;159544 | &nbsp;&nbsp;&nbsp;&nbsp; 161576 |
| PTG Energy PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;277800 | &nbsp;&nbsp;&nbsp;&nbsp; 112770 |
| PTT Exploration & Production PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59798 | &nbsp;&nbsp;&nbsp;&nbsp; 312150 |
| PTT Global Chemical PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;131900 | &nbsp;&nbsp;&nbsp;&nbsp; 197694 |
| PTT PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;385300 | &nbsp;&nbsp;&nbsp;&nbsp; 389335 |
| Samart Corp. PCL<sup>(1)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;297700 | &nbsp;&nbsp;&nbsp;&nbsp; 50568 |
| SCB X PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45300 | &nbsp;&nbsp;&nbsp;&nbsp; 143845 |
| Siam Cement PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20500 | &nbsp;&nbsp;&nbsp;&nbsp; 209168 |
| Siam City Cement PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23983 | &nbsp;&nbsp;&nbsp;&nbsp; 116017 |
| Siam Global House PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;107923 | &nbsp;&nbsp;&nbsp;&nbsp; 68261 |
| Sino-Thai Engineering & Construction PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;251357 | &nbsp;&nbsp;&nbsp;&nbsp; 110053 |
| Sri Trang Agro-Industry PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89600 | &nbsp;&nbsp;&nbsp;&nbsp; 59444 |
| Thai Beverage PCL | &nbsp;&nbsp;&nbsp;&nbsp;217300 | &nbsp;&nbsp;&nbsp;&nbsp; 116068 |
| Thai Oil PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63600 | &nbsp;&nbsp;&nbsp;&nbsp; 111936 |
| Total Access Communication PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;105100 | &nbsp;&nbsp;&nbsp;&nbsp; 158141 |
| True Corp. PCL<sup>(8)</sup> | 1164790 | &nbsp;&nbsp;&nbsp;&nbsp; 171987 |

---

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Thailand (continued) | Thailand (continued) | Thailand (continued) |
| VGI PCL<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;729400 | &nbsp;&nbsp;$109081 |
| WHA Corp. PCL<sup>(8)</sup> | 1020100 | &nbsp;&nbsp;&nbsp;&nbsp; 117229 |
|  |  | &nbsp;&nbsp;**$10372220** |
| Tunisia — 0.6% | Tunisia — 0.6% | Tunisia — 0.6% |
| Banque de Tunisie | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53193 | &nbsp;&nbsp;$90317 |
| Banque Internationale Arabe de Tunisie | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8258 | &nbsp;&nbsp;&nbsp;&nbsp; 266682 |
| Banque Nationale Agricole | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24362 | &nbsp;&nbsp;&nbsp;&nbsp; 70027 |
| Carthage Cement<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;402032 | &nbsp;&nbsp;&nbsp;&nbsp; 244054 |
| Euro Cycles S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8418 | &nbsp;&nbsp;&nbsp;&nbsp; 66361 |
| Poulina Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84019 | &nbsp;&nbsp;&nbsp;&nbsp; 213651 |
| Societe d'Articles Hygieniques S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32871 | &nbsp;&nbsp;&nbsp;&nbsp; 91438 |
| Societe Frigorifique et Brasserie de Tunis S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52752 | &nbsp;&nbsp;&nbsp;&nbsp; 244960 |
| Telnet Holding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21212 | &nbsp;&nbsp;&nbsp;&nbsp; 49817 |
|  |  | &nbsp;&nbsp;**$1337307** |
| Turkey — 4.4% | Turkey — 4.4% | Turkey — 4.4% |
| AG Anadolu Grubu Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15600 | &nbsp;&nbsp;$75610 |
| Akbank T.A.S. | &nbsp;&nbsp;&nbsp;&nbsp;117696 | &nbsp;&nbsp;&nbsp;&nbsp; 106642 |
| Aksa Akrilik Kimya Sanayii AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33302 | &nbsp;&nbsp;&nbsp;&nbsp; 137274 |
| Aksa Enerji Uretim AS | &nbsp;&nbsp;&nbsp;&nbsp;121924 | &nbsp;&nbsp;&nbsp;&nbsp; 230406 |
| Anadolu Efes Biracilik ve Malt Sanayii AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32680 | &nbsp;&nbsp;&nbsp;&nbsp; 90819 |
| Arcelik AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40551 | &nbsp;&nbsp;&nbsp;&nbsp; 231775 |
| Aselsan Elektronik Sanayi Ve Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22356 | &nbsp;&nbsp;&nbsp;&nbsp; 67644 |
| Aygaz AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21860 | &nbsp;&nbsp;&nbsp;&nbsp; 105231 |
| Bera Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62496 | &nbsp;&nbsp;&nbsp;&nbsp; 37140 |
| BIM Birlesik Magazalar AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61132 | &nbsp;&nbsp;&nbsp;&nbsp; 405361 |
| Coca-Cola Icecek AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10500 | &nbsp;&nbsp;&nbsp;&nbsp; 102406 |
| Dogan Sirketler Grubu Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;215300 | &nbsp;&nbsp;&nbsp;&nbsp; 101247 |
| EGE Endustri VE Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp; 106631 |
| Emlak Konut Gayrimenkul Yatirim Ortakligi AS | 1144230 | &nbsp;&nbsp;&nbsp;&nbsp; 479063 |
| Enerjisa Enerji AS<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;130603 | &nbsp;&nbsp;&nbsp;&nbsp; 229866 |
| Enka Insaat ve Sanayi AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70918 | &nbsp;&nbsp;&nbsp;&nbsp; 112206 |
| Eregli Demir ve Celik Fabrikalari TAS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91414 | &nbsp;&nbsp;&nbsp;&nbsp; 185542 |
| Fenerbahce Futbol AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17500 | &nbsp;&nbsp;&nbsp;&nbsp; 59523 |
| Ford Otomotiv Sanayi AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13141 | &nbsp;&nbsp;&nbsp;&nbsp; 357421 |
| Gubre Fabrikalari TAS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp; 105806 |
| Haci Omer Sabanci Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53227 | &nbsp;&nbsp;&nbsp;&nbsp; 110708 |
| Hektas Ticaret TAS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76274 | &nbsp;&nbsp;&nbsp;&nbsp; 127958 |
| Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42459 | &nbsp;&nbsp;&nbsp;&nbsp; 76275 |
| Is Gayrimenkul Yatirim Ortakligi AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;419310 | &nbsp;&nbsp;&nbsp;&nbsp; 258468 |
| Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97127 | &nbsp;&nbsp;&nbsp;&nbsp; 85346 |
| KOC Holding AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64994 | &nbsp;&nbsp;&nbsp;&nbsp; 264985 |
| Koza Altin Isletmeleri AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2812 | &nbsp;&nbsp;&nbsp;&nbsp; 83251 |
| Logo Yazilim Sanayi Ve Ticaret AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49980 | &nbsp;&nbsp;&nbsp;&nbsp; 158458 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Turkey (continued) | Turkey (continued) | Turkey (continued) |
| Mavi Giyim Sanayi Ve Ticaret AS, Class B<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16130 | &nbsp;&nbsp;$99695 |
| Migros Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15579 | &nbsp;&nbsp;&nbsp;&nbsp; 114391 |
| MLP Saglik Hizmetleri AS<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59519 | &nbsp;&nbsp;&nbsp;&nbsp; 253401 |
| ODAS Elektrik Uretim ve Sanayi Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;478037 | &nbsp;&nbsp;&nbsp;&nbsp; 196972 |
| Penta Teknoloji Urunleri Dagitim Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44538 | &nbsp;&nbsp;&nbsp;&nbsp; 96661 |
| Petkim Petrokimya Holding AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86296 | &nbsp;&nbsp;&nbsp;&nbsp; 75187 |
| Sasa Polyester Sanayi AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33218 | &nbsp;&nbsp;&nbsp;&nbsp; 178180 |
| Selcuk Ecza Deposu Ticaret ve Sanayi AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85509 | &nbsp;&nbsp;&nbsp;&nbsp; 176029 |
| Sinpas Gayrimenkul Yatirim Ortakligi AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;511180 | &nbsp;&nbsp;&nbsp;&nbsp; 83629 |
| Sok Marketler Ticaret AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51800 | &nbsp;&nbsp;&nbsp;&nbsp; 72755 |
| Tofas Turk Otomobil Fabrikasi AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20038 | &nbsp;&nbsp;&nbsp;&nbsp; 168738 |
| Turk Hava Yollari AO<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33174 | &nbsp;&nbsp;&nbsp;&nbsp; 243219 |
| Turk Telekomunikasyon AS | &nbsp;&nbsp;&nbsp;&nbsp;174514 | &nbsp;&nbsp;&nbsp;&nbsp; 191142 |
| Turkcell Iletisim Hizmetleri AS | &nbsp;&nbsp;&nbsp;&nbsp;446100 | &nbsp;&nbsp;&nbsp;&nbsp; 864729 |
| Turkiye Is Bankasi AS, Class C | &nbsp;&nbsp;&nbsp;&nbsp;205978 | &nbsp;&nbsp;&nbsp;&nbsp; 119470 |
| Turkiye Petrol Rafinerileri AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47029 | &nbsp;&nbsp;&nbsp;&nbsp; 1482968 |
| Turkiye Sise ve Cam Fabrikalari AS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78410 | &nbsp;&nbsp;&nbsp;&nbsp; 165558 |
| Ulker Biskuvi Sanayi AS<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45810 | &nbsp;&nbsp;&nbsp;&nbsp; 93312 |
| Yapi ve Kredi Bankasi AS | &nbsp;&nbsp;&nbsp;&nbsp;133100 | &nbsp;&nbsp;&nbsp;&nbsp; 64544 |
|  |  | &nbsp;&nbsp;**$9233642** |
| United Arab Emirates — 2.1% | United Arab Emirates — 2.1% | United Arab Emirates — 2.1% |
| Abu Dhabi Commercial Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84253 | &nbsp;&nbsp;$192426 |
| Abu Dhabi National Oil Co. for Distribution PJSC | &nbsp;&nbsp;&nbsp;&nbsp;433000 | &nbsp;&nbsp;&nbsp;&nbsp; 519420 |
| ADNOC Drilling Co. PJSC | &nbsp;&nbsp;&nbsp;&nbsp;407000 | &nbsp;&nbsp;&nbsp;&nbsp; 375795 |
| Agthia Group PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54046 | &nbsp;&nbsp;&nbsp;&nbsp; 59948 |
| Air Arabia PJSC | &nbsp;&nbsp;&nbsp;&nbsp;212497 | &nbsp;&nbsp;&nbsp;&nbsp; 127592 |
| Aldar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;186973 | &nbsp;&nbsp;&nbsp;&nbsp; 222673 |
| Apex Investment Co. PSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;127200 | &nbsp;&nbsp;&nbsp;&nbsp; 99946 |
| Dana Gas PJSC | &nbsp;&nbsp;&nbsp;&nbsp;421411 | &nbsp;&nbsp;&nbsp;&nbsp; 95118 |
| Dubai Electricity & Water Authority PJSC | &nbsp;&nbsp;&nbsp;&nbsp;861560 | &nbsp;&nbsp;&nbsp;&nbsp; 556261 |
| Dubai Investments PJSC | &nbsp;&nbsp;&nbsp;&nbsp;212181 | &nbsp;&nbsp;&nbsp;&nbsp; 125756 |
| Dubai Islamic Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;109508 | &nbsp;&nbsp;&nbsp;&nbsp; 166008 |
| Emaar Development PJSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;104800 | &nbsp;&nbsp;&nbsp;&nbsp; 127611 |
| Emaar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;164638 | &nbsp;&nbsp;&nbsp;&nbsp; 250170 |
| Emirates Telecommunications Group Co. PJSC | &nbsp;&nbsp;&nbsp;&nbsp;103870 | &nbsp;&nbsp;&nbsp;&nbsp; 727772 |
| Fertiglobe PLC | &nbsp;&nbsp;&nbsp;&nbsp;170700 | &nbsp;&nbsp;&nbsp;&nbsp; 186212 |
| First Abu Dhabi Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66119 | &nbsp;&nbsp;&nbsp;&nbsp; 245261 |
| Multiply Group PJSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;159900 | &nbsp;&nbsp;&nbsp;&nbsp; 176542 |
| Network International Holdings PLC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31200 | &nbsp;&nbsp;&nbsp;&nbsp; 101305 |
| Q Holding PJSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;107300 | &nbsp;&nbsp;&nbsp;&nbsp; 100818 |
|  |  | &nbsp;&nbsp;**$4456634** |
| Vietnam — 2.4% | Vietnam — 2.4% | Vietnam — 2.4% |
| Bank for Foreign Trade of Vietnam JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;122750 | &nbsp;&nbsp;$482461 |
| Bao Viet Holdings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28030 | &nbsp;&nbsp;&nbsp;&nbsp; 60498 |

---

*20*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Vietnam (continued) | Vietnam (continued) | Vietnam (continued) |
| FLC Faros Construction JSC<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;$0 |
| Gelex Group JSC | &nbsp;&nbsp;&nbsp;&nbsp;158500 | &nbsp;&nbsp;&nbsp;&nbsp; 99472 |
| Gemadept Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41900 | &nbsp;&nbsp;&nbsp;&nbsp; 97551 |
| Hoa Phat Group JSC | &nbsp;&nbsp;&nbsp;&nbsp;706587 | &nbsp;&nbsp;&nbsp;&nbsp; 668400 |
| Hoa Sen Group<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;107400 | &nbsp;&nbsp;&nbsp;&nbsp; 71352 |
| KIDO Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31200 | &nbsp;&nbsp;&nbsp;&nbsp; 82319 |
| Kinh Bac City Development Holding Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38613 | &nbsp;&nbsp;&nbsp;&nbsp; 42745 |
| Masan Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;103896 | &nbsp;&nbsp;&nbsp;&nbsp; 449486 |
| No Va Land Investment Group Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94187 | &nbsp;&nbsp;&nbsp;&nbsp; 57225 |
| PetroVietnam Drilling & Well Services JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;109672 | &nbsp;&nbsp;&nbsp;&nbsp; 98815 |
| PetroVietnam Fertilizer & Chemical JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64000 | &nbsp;&nbsp;&nbsp;&nbsp; 119515 |
| PetroVietnam Gas JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29940 | &nbsp;&nbsp;&nbsp;&nbsp; 136304 |
| PetroVietnam Power Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;169700 | &nbsp;&nbsp;&nbsp;&nbsp; 90187 |
| PetroVietnam Technical Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27400 | &nbsp;&nbsp;&nbsp;&nbsp; 30079 |
| Phat Dat Real Estate Development Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29304 | &nbsp;&nbsp;&nbsp;&nbsp; 17380 |
| Phu Nhuan Jewelry JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp; 15 |
| Saigon Beer Alcohol Beverage Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14610 | &nbsp;&nbsp;&nbsp;&nbsp; 118021 |
| Saigon Thuong Tin Commercial JSB<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64000 | &nbsp;&nbsp;&nbsp;&nbsp; 74333 |
| SSI Securities Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90750 | &nbsp;&nbsp;&nbsp;&nbsp; 84000 |
| Thaiholdings JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44200 | &nbsp;&nbsp;&nbsp;&nbsp; 78188 |
| Vietjet Aviation JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;109066 | &nbsp;&nbsp;&nbsp;&nbsp; 541562 |
| Vietnam Construction and Import-Export JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68200 | &nbsp;&nbsp;&nbsp;&nbsp; 63744 |
| Vietnam Dairy Products JSC | &nbsp;&nbsp;&nbsp;&nbsp;158592 | &nbsp;&nbsp;&nbsp;&nbsp; 522143 |
| Vincom Retail JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;132380 | &nbsp;&nbsp;&nbsp;&nbsp; 168292 |
| Vingroup JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;156347 | &nbsp;&nbsp;&nbsp;&nbsp; 381382 |
| Vinh Hoan Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23400 | &nbsp;&nbsp;&nbsp;&nbsp; 70946 |
| Vinhomes JSC<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;101620 | &nbsp;&nbsp;&nbsp;&nbsp; 221171 |
|  |  | &nbsp;&nbsp;**$4927586** |
| Total Common Stocks<br> (identified cost $165,217,190) |  | &nbsp;&nbsp;**$207392903** |

---

Short-Term Investments — 0.6%

Affiliated Fund — 0.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.14%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;270603 | &nbsp;&nbsp;$270603 |
| Total Affiliated Fund<br> (identified cost $270,603) |  | &nbsp;&nbsp;**$270603** |

---

Securities Lending Collateral — 0.5%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| State Street Navigator Securities Lending Government Money Market Portfolio, 4.35%<sup>(10)</sup> | 1003737 | &nbsp;&nbsp;$1003737 |
| Total Securities Lending Collateral<br> (identified cost $1,003,737) |  | &nbsp;&nbsp;**$1003737** |
| Total Short-Term Investments<br> (identified cost $1,274,340) |  | &nbsp;&nbsp;**$1274340** |

---

---

| | |
|:---|:---|
| Total Investments — 100.4%<br> (identified cost $166,491,530) | &nbsp;&nbsp;**$208667243** |
| Other Assets, Less Liabilities — (0.4)% | &nbsp;&nbsp;**$(796799)** |
| Net Assets — 100.0% | &nbsp;&nbsp;**$207870444** |

---

---

| | |
|:---|:---|
| 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> | All or a portion of this security was on loan at January 31, 2023. The aggregate market value of securities on loan at January 31, 2023 was $3,048,845. |
| <sup>(3)</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At January 31, 2023, the aggregate value of these securities is $6,054,883 or 2.9% of the Fund's net assets. |
| <sup>(4)</sup> | For fair value measurement disclosure purposes, security is categorized as Level 3 (see Note 11). |
| <sup>(5)</sup> | Security exempt from registration under Regulation S of the Securities Act of 1933, as amended, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933, as amended. At January 31, 2023, the aggregate value of these securities is $530,160 or 0.3% of the Fund's net assets. |
| <sup>(6)</sup> | Trading of securities has been suspended. |
| <sup>(7)</sup> | Securities are traded on separate exchanges for the same entity. |
| <sup>(8)</sup> | Indicates a foreign registered security. Shares issued to foreign investors in markets that have foreign ownership limits. |
| <sup>(9)</sup> | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of January 31, 2023. |
| <sup>(10)</sup> | Represents investment of cash collateral received in connection with securities lending. |

---

*21*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| Sector Classification of Portfolio | Sector Classification of Portfolio | Sector Classification of Portfolio |
| **Sector** | &nbsp;&nbsp;&nbsp;**Percentage <br> of Net Assets** | &nbsp;&nbsp;&nbsp;**Value** |
| Financials | &nbsp;&nbsp;&nbsp;&nbsp;11.2% | &nbsp;&nbsp;&nbsp;&nbsp;$23249194 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;10.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21939415 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;10.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21259915 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;10.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20922571 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20458122 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19576503 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19113921 |
| Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18906974 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18255252 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12246865 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11464171 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1274340 |
| **Total Investments** | &nbsp;&nbsp;&nbsp;**100.4%** | &nbsp;&nbsp;&nbsp;**$208667243** |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | – American Depositary Receipt |
| GDR | – Global Depositary Receipt |
| PCL | – Public Company Limited |
| PFC Shares | – Preference Shares |

---

*22*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Statement of Assets and Liabilities

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**January 31, 2023** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $166,220,927) — including $3,048,845 of securities on loan | &nbsp;&nbsp;$208396640 |
| Affiliated investment, at value (identified cost $270,603) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270603 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162248 |
| Foreign currency, at value (identified cost $1,514,744) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1266813 |
| Dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306688 |
| Dividends receivable from affiliated investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;962 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230646 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212422 |
| Securities lending income receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3880 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108656 |
| **Total assets** | &nbsp;&nbsp;**$210959558** |
| Liabilities |  |
| Collateral for securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;$1003737 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122148 |
| Payable for Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;654189 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment adviser fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149417 |
| &nbsp;&nbsp;&nbsp;Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26374 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5557 |
| Accrued foreign capital gains taxes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668729 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458963 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;**$3089114** |
| **Net Assets** | &nbsp;&nbsp;**$207870444** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$445341276 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;(237470832) |
| **Net Assets** | &nbsp;&nbsp;**$207870444** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;&nbsp;$25359647 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1869836 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.56 |
| **Maximum Offering Price Per Share<br> (100 ÷ 94.75 of net asset value per share)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14.31 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$218842 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16349 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.39 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$180624093 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13328256 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.55 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Statement of Assets and Liabilities — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**January 31, 2023** |
| Class R6 Shares |  |
| **Net Assets** | &nbsp;&nbsp;$1667862 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123157 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13.54 |

---

---

| | |
|:---|:---|
| On sales of $50,000 or more, the offering price of Class A shares is reduced. | On sales of $50,000 or more, the offering price of Class A shares is reduced. |
| \* | Redemption price per share is equal to the net asset value less any applicable contingent deferred sales charge. |

---

*24*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Statement of Operations

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended** |
|  | &nbsp;&nbsp;&nbsp;**January 31, 2023** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $933,267) | &nbsp;&nbsp;&nbsp;$9818538 |
| Dividend income from affiliated investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5210 |
| Securities lending income, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38674 |
| **Total investment income** | &nbsp;&nbsp;&nbsp;**$9862422** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;&nbsp;$2005546 |
| Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353920 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67164 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2406 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15551 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359294 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229057 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118110 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33057 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69705 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106752 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;**$3360562** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$352 |
| **Total expense reductions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$352** |
| **Net expenses** | &nbsp;&nbsp;&nbsp;**$3360210** |
| **Net investment income** | &nbsp;&nbsp;&nbsp;**$6502212** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions (net of foreign capital gains taxes of $121,271) | &nbsp;&nbsp;$15448249 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(588296) |
| **Net realized gain** | &nbsp;&nbsp;**$14859953** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments (including net decrease in accrued foreign capital gains taxes of $91,006) | &nbsp;&nbsp;$(44341915) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27220 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(44314695)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(29454742)** |
| **Net decrease in net assets from operations** | &nbsp;&nbsp;**$(22952530)** |

---

*25*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
|  | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;$6502212 | &nbsp;&nbsp;&nbsp;&nbsp;$7220078 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14859953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56373544 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44314695) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36274710) |
| **Net increase (decrease) in net assets from operations** | &nbsp;&nbsp;**$(22952530)** | &nbsp;&nbsp;&nbsp;**$27318912** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;$(1044209) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(552260) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7142) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2408) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8024330) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5058637) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(72284) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92299) |
| **Total distributions to shareholders** | &nbsp;&nbsp;&nbsp;**$(9147965)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(5705604)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;$(4659298) | &nbsp;&nbsp;$(13732883) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86337) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(274160) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56863657) | &nbsp;&nbsp;&nbsp;&nbsp;(134362519) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85891252) |
| **Net decrease in net assets from Fund share transactions** | &nbsp;&nbsp;**$(61549757)** | &nbsp;&nbsp;**$(234260814)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(93650252)** | &nbsp;&nbsp;**$(212647506)** |
| Net Assets |  |  |
| At beginning of year | &nbsp;&nbsp;$301520696 | &nbsp;&nbsp;$514168202 |
| **At end of year** | &nbsp;&nbsp;**$207870444** | &nbsp;&nbsp;**$301520696** |

---

*26*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Financial Highlights

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Class A** | &nbsp;&nbsp;&nbsp;**Class A** | &nbsp;&nbsp;&nbsp;**Class A** | &nbsp;&nbsp;&nbsp;**Class A** | &nbsp;&nbsp;&nbsp;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
| | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** | &nbsp;&nbsp;&nbsp;**2020** | &nbsp;&nbsp;&nbsp;**2019** |
| Net asset value — Beginning of year | &nbsp;&nbsp;$15.110 | &nbsp;&nbsp;$14.710 | &nbsp;&nbsp;$13.870 | &nbsp;&nbsp;$14.280 | &nbsp;&nbsp;$16.850 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.337 | &nbsp;&nbsp;$0.252 | &nbsp;&nbsp;$0.213 | &nbsp;&nbsp;&nbsp;&nbsp;$0.326 | &nbsp;&nbsp;&nbsp;&nbsp;$0.283 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.322) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.786 <sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.376) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.570) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$(0.985)** | &nbsp;&nbsp;**$0.647** | &nbsp;&nbsp;**$0.999** | &nbsp;&nbsp;&nbsp;**$(0.050)** | &nbsp;&nbsp;&nbsp;**$(2.287)** |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.565) | &nbsp;&nbsp;$(0.247) | &nbsp;&nbsp;$(0.159) | &nbsp;&nbsp;&nbsp;$(0.360) | &nbsp;&nbsp;&nbsp;$(0.283) |
| **Total distributions** | &nbsp;&nbsp;**$(0.565)** | &nbsp;&nbsp;**$(0.247)** | &nbsp;&nbsp;**$(0.159)** | &nbsp;&nbsp;&nbsp;**$(0.360)** | &nbsp;&nbsp;&nbsp;**$(0.283)** |
| **Net asset value — End of year** | &nbsp;&nbsp;**$13.560** | &nbsp;&nbsp;**$15.110** | &nbsp;&nbsp;**$14.710** | &nbsp;&nbsp;**$13.870** | &nbsp;&nbsp;**$14.280** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(6.32)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.41%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.23%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.46)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(13.43)%** |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;$25360 | &nbsp;&nbsp;$33428 | &nbsp;&nbsp;$45629 | &nbsp;&nbsp;$136829 | &nbsp;&nbsp;$172773 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65% <sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.44% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.74% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.89% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> The per share amount is not in accord with the net realized and unrealized gain (loss) for the period because of the timing of Fund share transactions and the amount of the per share realized and unrealized gains and losses at such time.

<sup>(3)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested and do not reflect the effect of sales charges, if applicable.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended January 31, 2023).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Financial Highlights — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Class C** | &nbsp;&nbsp;&nbsp;**Class C** | &nbsp;&nbsp;&nbsp;**Class C** | &nbsp;&nbsp;&nbsp;**Class C** | &nbsp;&nbsp;&nbsp;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
| | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** | &nbsp;&nbsp;&nbsp;**2020** | &nbsp;&nbsp;&nbsp;**2019** |
| Net asset value — Beginning of year | &nbsp;&nbsp;$14.900 | &nbsp;&nbsp;$14.470 | &nbsp;&nbsp;$13.620 | &nbsp;&nbsp;$14.010 | &nbsp;&nbsp;$16.530 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.233 | &nbsp;&nbsp;$0.130 | &nbsp;&nbsp;$0.116 | &nbsp;&nbsp;$0.220 | &nbsp;&nbsp;$0.146 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.299) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.755 <sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.379) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.484) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$(1.066)** | &nbsp;&nbsp;**$0.530** | &nbsp;&nbsp;**$0.871** | &nbsp;&nbsp;**$(0.159)** | &nbsp;&nbsp;**$(2.338)** |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.444) | &nbsp;&nbsp;$(0.100) | &nbsp;&nbsp;$(0.021) | &nbsp;&nbsp;$(0.231) | &nbsp;&nbsp;$(0.182) |
| **Total distributions** | &nbsp;&nbsp;**$(0.444)** | &nbsp;&nbsp;**$(0.100)** | &nbsp;&nbsp;**$(0.021)** | &nbsp;&nbsp;**$(0.231)** | &nbsp;&nbsp;**$(0.182)** |
| **Net asset value — End of year** | &nbsp;&nbsp;**$13.390** | &nbsp;&nbsp;**$14.900** | &nbsp;&nbsp;**$14.470** | &nbsp;&nbsp;**$13.620** | &nbsp;&nbsp;**$14.010** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(6.93)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.59%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.42%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.21)%** | &nbsp;&nbsp;&nbsp;&nbsp;**(14.10)%** |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;&nbsp;&nbsp;$219 | &nbsp;&nbsp;&nbsp;&nbsp;$339 | &nbsp;&nbsp;&nbsp;&nbsp;$592 | &nbsp;&nbsp;$4094 | &nbsp;&nbsp;$5885 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40% <sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> The per share amount is not in accord with the net realized and unrealized gain (loss) for the period because of the timing of Fund share transactions and the amount of the per share realized and unrealized gains and losses at such time.

<sup>(3)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested and do not reflect the effect of sales charges.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended January 31, 2023).

*28*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Financial Highlights — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
| | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** | &nbsp;&nbsp;&nbsp;**2020** | &nbsp;&nbsp;&nbsp;**2019** |
| Net asset value — Beginning of year | &nbsp;&nbsp;$15.100 | &nbsp;&nbsp;$14.710 | &nbsp;&nbsp;$13.900 | &nbsp;&nbsp;$14.310 | &nbsp;&nbsp;&nbsp;&nbsp;$16.910 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;$0.377 | &nbsp;&nbsp;&nbsp;&nbsp;$0.297 | &nbsp;&nbsp;&nbsp;&nbsp;$0.210 | &nbsp;&nbsp;&nbsp;&nbsp;$0.367 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0.304 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.325) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.827 <sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.378) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.565) |
| **Total income (loss) from operations** | &nbsp;&nbsp;&nbsp;**$(0.948)** | &nbsp;&nbsp;&nbsp;&nbsp;**$0.681** | &nbsp;&nbsp;&nbsp;&nbsp;**$1.037** | &nbsp;&nbsp;&nbsp;**$(0.011)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(2.261)** |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;$(0.602) | &nbsp;&nbsp;&nbsp;$(0.291) | &nbsp;&nbsp;&nbsp;$(0.227) | &nbsp;&nbsp;&nbsp;$(0.399) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(0.339) |
| **Total distributions** | &nbsp;&nbsp;&nbsp;**$(0.602)** | &nbsp;&nbsp;&nbsp;**$(0.291)** | &nbsp;&nbsp;&nbsp;**$(0.227)** | &nbsp;&nbsp;&nbsp;**$(0.399)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(0.339)** |
| **Net asset value — End of year** | &nbsp;&nbsp;**$13.550** | &nbsp;&nbsp;**$15.100** | &nbsp;&nbsp;**$14.710** | &nbsp;&nbsp;**$13.900** | &nbsp;&nbsp;&nbsp;&nbsp;**$14.310** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(6.07)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.64%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.50%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.20)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(13.20)%** |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;$180624 | &nbsp;&nbsp;$265967 | &nbsp;&nbsp;$383984 | &nbsp;&nbsp;$868666 | &nbsp;&nbsp;$1268618 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40% <sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.79% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.68% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.04% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> The per share amount is not in accord with the net realized and unrealized gain (loss) for the period because of the timing of Fund share transactions and the amount of the per share realized and unrealized gains and losses at such time.

<sup>(3)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended January 31, 2023).

*29*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Financial Highlights — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Class R6** | &nbsp;&nbsp;&nbsp;**Class R6** | &nbsp;&nbsp;&nbsp;**Class R6** | &nbsp;&nbsp;&nbsp;**Class R6** | &nbsp;&nbsp;&nbsp;**Class R6** |
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
| | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** | &nbsp;&nbsp;&nbsp;**2020** | &nbsp;&nbsp;&nbsp;**2019** |
| Net asset value — Beginning of year | &nbsp;&nbsp;$15.090 | &nbsp;&nbsp;$14.690 | &nbsp;&nbsp;$13.890 | &nbsp;&nbsp;$14.300 | &nbsp;&nbsp;$16.910 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.371 | &nbsp;&nbsp;$0.217 | &nbsp;&nbsp;$0.228 | &nbsp;&nbsp;$0.379 | &nbsp;&nbsp;$0.380 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.308) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.813 <sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.379) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.639) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$(0.937)** | &nbsp;&nbsp;**$0.706** | &nbsp;&nbsp;**$1.041** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(2.259)** |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.613) | &nbsp;&nbsp;$(0.306) | &nbsp;&nbsp;$(0.241) | &nbsp;&nbsp;$(0.410) | &nbsp;&nbsp;$(0.351) |
| **Total distributions** | &nbsp;&nbsp;**$(0.613)** | &nbsp;&nbsp;**$(0.306)** | &nbsp;&nbsp;**$(0.241)** | &nbsp;&nbsp;**$(0.410)** | &nbsp;&nbsp;**$(0.351)** |
| **Net asset value — End of year** | &nbsp;&nbsp;**$13.540** | &nbsp;&nbsp;**$15.090** | &nbsp;&nbsp;**$14.690** | &nbsp;&nbsp;**$13.890** | &nbsp;&nbsp;**$14.300** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.99)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.82%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.45%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.13)%** | &nbsp;&nbsp;&nbsp;&nbsp;**(13.18)%** |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;$1668 | &nbsp;&nbsp;$1786 | &nbsp;&nbsp;$83963 | &nbsp;&nbsp;$54504 | &nbsp;&nbsp;$94243 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.33% <sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.24% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.21% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.76% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.48% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> The per share amount is not in accord with the net realized and unrealized gain (loss) for the period because of the timing of Fund share transactions and the amount of the per share realized and unrealized gains and losses at such time.

<sup>(3)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended January 31, 2023).

*30*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Notes to Financial Statements

------

1 Significant Accounting Policies

Parametric Emerging Markets Fund (the Fund) is a diversified series of Eaton Vance Mutual Funds Trust (the Trust). The Trust is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company. The Fund's investment objective is to seek long-term capital appreciation. The Fund offers four classes of shares. Class A (renamed from Investor Class effective April 29, 2022) shares are generally sold subject to a sales charge imposed at time of purchase. Former Investor Class shareholders, who established their Fund accounts before April 29, 2022, did not pay a sales charge in connection with the redesignation or will not be subject to this sales charge on future purchases of Class A shares for such accounts. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). Effective March 1, 2013, Class C shares of the Fund are no longer available for purchase, except by existing shareholders (including shares acquired through the reinvestment of dividends and distributions) or employer sponsored retirement plans. Effective November 5, 2020, Class C shares automatically convert to Class A shares eight years after their purchase as described in the Fund's prospectus. Class I (renamed from Institutional Class effective April 29, 2022) shares and Class R6 shares are sold at net asset value and are not subject to a sales charge. Each class represents a pro-rata interest in the Fund, but votes separately on class-specific matters and (as noted below) is subject to different expenses. Realized and unrealized gains and losses and net investment income and losses, other than class-specific expenses, are allocated daily to each class of shares based on the relative net assets of each class to the total net assets of the Fund. Sub-accounting, recordkeeping and similar administrative fees payable to financial intermediaries, which are a component of transfer and dividend disbursing agent fees on the Statement of Operations, are not allocated to Class R6 shares. Each class of shares differs in its distribution plan and certain other class-specific expenses.

The following is a summary of significant accounting policies of the Fund. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Fund is an investment company and follows accounting and reporting guidance in the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946.

A Investment Valuation—The following methodologies are used to determine the market value or fair value of investments.

**Equity Securities. Equity securities (including warrants and rights) listed on a U.S. securities exchange generally are valued at the last sale or closing price on the day of valuation or, if no sales took place on such date, at the mean between the closing bid and ask prices on the exchange where such securities are principally traded. Equity securities listed on the NASDAQ National Market System are valued at the NASDAQ official closing price. Unlisted or listed securities for which closing sales prices or closing quotations are not available are valued at the mean between the latest available bid and ask prices.**

**Foreign Securities and Currencies. Foreign securities and currencies are valued in U.S. dollars, based on foreign currency exchange rate quotations supplied by a third party pricing service. The pricing service uses a proprietary model to determine the exchange rate. Inputs to the model include reported trades and implied bid/ask spreads. The daily valuation of exchange-traded foreign securities generally is determined as of the close of trading on the principal exchange on which such securities trade. Events occurring after the close of trading on foreign exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. When valuing foreign equity securities that meet certain criteria, the Fund's Trustees have approved the use of a fair value service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that have a strong correlation to the fair-valued securities.**

**Other. Investments in management investment companies (including money market funds) that do not trade on an exchange are valued at the net asset value as of the close of each business day.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Fund's investment adviser as its valuation designee. Investments for which valuations or market quotations are not readily available or are deemed unreliable are valued by the investment adviser, as valuation designee, at fair value using methods that most fairly reflect the security's "fair value", which is the amount that the Fund might reasonably expect to receive for the security upon its current sale in the ordinary course. Each such determination is based on a consideration of relevant factors, which are likely to vary from one pricing context to another. These factors may include, but are not limited to, the type of security, the existence of any contractual restrictions on the security's disposition, the price and extent of public trading in similar securities of the issuer or of comparable companies or entities, quotations or relevant information obtained from broker/dealers or other market participants, information obtained from the issuer, analysts, and/or the appropriate stock exchange (for exchange-traded securities), an analysis of the company's or entity's financial statements, and an evaluation of the forces that influence the issuer and the market(s) in which the security is purchased and sold.**

B Investment Transactions—Investment transactions for financial statement purposes are accounted for on a trade date basis. Realized gains and losses on investments sold are determined on the basis of identified cost.

C Income—Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. However, if the ex-dividend date has passed, certain dividends from foreign securities are recorded as the Fund is informed of the ex-dividend date. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution. Withholding taxes on foreign dividends and capital gains have been provided for in accordance with the Fund's understanding of the applicable countries' tax rules and rates. In consideration of recent decisions rendered by European courts, the Fund has filed additional tax reclaims for previously withheld taxes on dividends earned in certain European Union countries. These filings are subject to various administrative and judicial proceedings within these countries. Due to the uncertainty as to the

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Notes to Financial Statements — continued

------

ultimate resolution of these proceedings, the likelihood of receipt of these reclaims, and the potential timing of payment, no amounts are reflected in the financial statements for such outstanding reclaims.

D Federal and Other Taxes—The Fund's policy is to comply with the provisions of the Internal Revenue Code applicable to regulated investment companies and to distribute to shareholders each year substantially all of its net investment income, and all or substantially all of its net realized capital gains. Accordingly, no provision for federal income or excise tax is necessary.

In addition to the requirements of the Internal Revenue Code, the Fund may also be subject to local taxes on the recognition of capital gains in certain countries. In determining the daily net asset value, the Fund estimates the accrual for such taxes, if any, based on the unrealized appreciation on certain portfolio securities and the related tax rates. Taxes attributable to unrealized appreciation are included in the change in unrealized appreciation (depreciation) on investments. Capital gains taxes on securities sold are included in net realized gain (loss) on investments.

As of January 31, 2023, the Fund had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Fund files a U.S. federal income tax return annually after its fiscal year-end, which is subject to examination by the Internal Revenue Service for a period of three years from the date of filing.

E Expenses—The majority of expenses of the Trust are directly identifiable to an individual fund. Expenses which are not readily identifiable to a specific fund are allocated taking into consideration, among other things, the nature and type of expense and the relative size of the funds.

F Foreign Currency Translation—Investment valuations, other assets, and liabilities initially expressed in foreign currencies are translated each business day into U.S. dollars based upon current exchange rates. Purchases and sales of foreign investment securities and income and expenses denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates in effect on the respective dates of such transactions. Recognized gains or losses on investment transactions attributable to changes in foreign currency exchange rates are recorded for financial statement purposes as net realized gains and losses on investments. That portion of unrealized gains and losses on investments that results from fluctuations in foreign currency exchange rates is not separately disclosed.

G Use of Estimates—The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. Actual results could differ from those estimates.

H Indemnifications—Under the Trust's organizational documents, its officers and Trustees may be indemnified against certain liabilities and expenses arising out of the performance of their duties to the Fund. Under Massachusetts law, if certain conditions prevail, shareholders of a Massachusetts business trust (such as the Trust) could be deemed to have personal liability for the obligations of the Trust. However, the Trust's Declaration of Trust contains an express disclaimer of liability on the part of Fund shareholders and the By-laws provide that the Trust shall assume, upon request by the shareholder, the defense on behalf of any Fund shareholders. Moreover, the By-laws also provide for indemnification out of Fund property of any shareholder held personally liable solely by reason of being or having been a shareholder for all loss or expense arising from such liability. Additionally, in the normal course of business, the Fund enters into agreements with service providers that may contain indemnification clauses. The Fund's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund that have not yet occurred.

2 Distributions to Shareholders and Income Tax Information

It is the present policy of the Fund to make at least one distribution annually (normally in December) of all or substantially all of its net investment income and to distribute annually all or substantially all of its net realized capital gains. Distributions to shareholders are recorded on the ex-dividend date. Distributions are declared separately for each class of shares. Shareholders may reinvest income and capital gain distributions in additional shares of the same class of the Fund at the net asset value as of the ex-dividend date or, at the election of the shareholder, receive distributions in cash. Distributions to shareholders are determined in accordance with income tax regulations, which may differ from U.S. GAAP. As required by U.S. GAAP, only distributions in excess of tax basis earnings and profits are reported in the financial statements as a return of capital. Permanent differences between book and tax accounting relating to distributions are reclassified to paid-in capital. For tax purposes, distributions from short-term capital gains are considered to be from ordinary income.

The tax character of distributions declared for the years ended January 31, 2023 and January 31, 2022 was as follows:

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;&nbsp;**2022** |
| Ordinary income | &nbsp;&nbsp;&nbsp;&nbsp;$9147965 | &nbsp;&nbsp;&nbsp;&nbsp;$5705604 |

---

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Notes to Financial Statements — continued

------

During the year ended January 31, 2023, accumulated loss was increased by $1,249,154 and paid-in capital was increased by $1,249,154 primarily due to the Fund's use of equalization accounting. Tax equalization accounting allows the Fund to treat as a distribution that portion of redemption proceeds representing a redeeming shareholder's portion of undistributed taxable income and net capital gains. These reclassifications had no effect on the net assets or net asset value per share of the Fund.

As of January 31, 2023, the components of distributable earnings (accumulated loss) on a tax basis were as follows:

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| | |
|:---|:---|
| Undistributed ordinary income | &nbsp;&nbsp;&nbsp;&nbsp;$1050251 |
| Deferred capital losses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(271246971) |
| Net unrealized appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32725888 |
| **Accumulated loss** | &nbsp;&nbsp;&nbsp;&nbsp;**$(237470832)** |

---

At January 31, 2023, the Fund, for federal income tax purposes, had deferred capital losses of $271,246,971 which would reduce its taxable income arising from future net realized gains on investment transactions, if any, to the extent permitted by the Internal Revenue Code, and thus would reduce the amount of distributions to shareholders, which would otherwise be necessary to relieve the Fund of any liability for federal income or excise tax. The deferred capital losses are treated as arising on the first day of the Fund's next taxable year and retain the same short-term or long-term character as when originally deferred. Of the deferred capital losses at January 31, 2023, $229,420 are short-term and $271,017,551 are long-term.

The cost and unrealized appreciation (depreciation) of investments of the Fund at January 31, 2023, as determined on a federal income tax basis, were as follows:

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| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$175016769** |
| Gross unrealized appreciation | &nbsp;&nbsp;$74338610 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40688136) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$33650474** |

---

3 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Eaton Vance Management (EVM), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Fund. The fee is computed at an annual rate as a percentage of the Fund's average daily net assets as follows and is payable monthly:

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| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;0.850% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.800% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.775% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.750% |
| $5 billion but less than $7.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.730% |
| $7.5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.710% |

---

For the year ended January 31, 2023, the investment adviser fee amounted to $2,005,546 or 0.85% of the Fund's average daily net assets. Pursuant to an investment sub-advisory agreement, EVM has delegated the investment management of the Fund to Parametric Portfolio Associates LLC (Parametric), an affiliate of EVM and an indirect, a wholly-owned subsidiary of Morgan Stanley. EVM pays Parametric a portion of its investment adviser fee for sub-advisory services provided to the Fund. The administration fee is earned by EVM for administering the business affairs of the Fund and is computed at an annual rate of 0.15% of the Fund's average daily net assets. For the year ended January 31, 2023, the administration fee amounted to $353,920.

Effective April 26, 2022, the Fund may invest in a money market fund, the Institutional Class of the Morgan Stanley Institutional Liquidity Funds - Government Portfolio (the "Liquidity Fund"), an open-end management investment company managed by Morgan Stanley Investment Management Inc., a

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Notes to Financial Statements — continued

------

wholly-owned subsidiary of Morgan Stanley. The investment adviser fee paid by the Fund is reduced by an amount equal to its pro-rata share of the advisory and administration fees paid by the Fund due to its investment in the Liquidity Fund. For the year ended January 31, 2023, the investment adviser fee paid was reduced by $352 relating to the Fund's investment in the Liquidity Fund.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the year ended January 31, 2023, EVM earned $27,011 from the Fund pursuant to such agreement, which is included in transfer and dividend disbursing agent fees on the Statement of Operations. The Fund was informed that Eaton Vance Distributors, Inc. (EVD), an affiliate of EVM and the Fund's principal underwriter, received no sales charge on sales of Class A shares for the year ended January 31, 2023. EVD received distribution and service fees from Class A and Class C shares (see Note 4) and contingent deferred sales charges (see Note 5).

Trustees and officers of the Fund who are members of EVM's organization receive remuneration for their services to the Fund out of the investment adviser fee. Trustees of the Fund who are not affiliated with EVM may elect to defer receipt of all or a percentage of their annual fees in accordance with the terms of the Trustees Deferred Compensation Plan. For the year ended January 31, 2023, no significant amounts have been deferred. Certain officers and Trustees of the Fund are officers of EVM.

4 Distribution Plans

The Fund has in effect a distribution plan for Class A shares (Class A Plan) pursuant to Rule 12b-1 under the 1940 Act. Pursuant to the Class A Plan, the Fund pays EVD a distribution and service fee of 0.25% per annum of its average daily net assets attributable to Class A shares for distribution services and facilities provided to the Fund by EVD, as well as for personal services and/or the maintenance of shareholder accounts. Distribution and service fees paid or accrued to EVD for the year ended January 31, 2023 amounted to $67,164 for Class A shares.

The Fund also has in effect a distribution plan for Class C shares (Class C Plan) pursuant to Rule 12b-1 under the 1940 Act. Pursuant to the Class C Plan, the Fund pays EVD amounts equal to 0.75% per annum of its average daily net assets attributable to Class C shares for providing ongoing distribution services and facilities to the Fund. For the year ended January 31, 2023, the Fund paid or accrued to EVD $1,804 for Class C shares.

Pursuant to the Class C Plan, the Fund also makes payments of service fees to EVD, financial intermediaries and other persons in amounts equal to 0.25% per annum of its average daily net assets attributable to that class. Service fees paid or accrued are for personal services and/or the maintenance of shareholder accounts. They are separate and distinct from the sales commissions and distribution fees payable to EVD. Service fees paid or accrued for the year ended January 31, 2023 amounted to $602 for Class C shares.

Distribution and service fees are subject to the limitations contained in the Financial Industry Regulatory Authority Rule 2341(d).

5 Contingent Deferred Sales Charges

A contingent deferred sales charge (CDSC) of 1% generally is imposed on redemptions of Class C shares made within 12 months of purchase. Class A shares may be subject to a 1% CDSC if redeemed within 12 months of purchase (depending on the circumstances of purchase). Redemptions of Class A shares by former Investor Class shareholders are not subject to a CDSC. Generally, the CDSC is based upon the lower of the net asset value at date of redemption or date of purchase. No charge is levied on shares acquired by reinvestment of dividends or capital gain distributions. For the year ended January 31, 2023, the Fund was informed that EVD received less than $100 of CDSCs paid by Class C shareholders and no CDSCs paid by Class A shareholders.

6 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations, aggregated $22,538,688 and $87,488,849, respectively, for the year ended January 31, 2023.

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Notes to Financial Statements — continued

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7 Shares of Beneficial Interest

The Fund's Declaration of Trust permits the Trustees to issue an unlimited number of full and fractional shares of beneficial interest (without par value). Such shares may be issued in a number of different series (such as the Fund) and classes. Transactions in Fund shares, including direct exchanges pursuant to share class conversions for all periods presented, were as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2022** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2022** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Class A** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 101486 | &nbsp;&nbsp;&nbsp;&nbsp;$1388348 | &nbsp;&nbsp;&nbsp;&nbsp; 309677 | &nbsp;&nbsp;&nbsp;&nbsp;$4759642 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 77012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 991912 | &nbsp;&nbsp;&nbsp;&nbsp; 35231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 529516 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (521190) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7039558) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1234116) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19022041) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(342692)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(4659298)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(889208)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(13732883)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp;$500 | &nbsp;&nbsp;&nbsp;&nbsp; 650 | &nbsp;&nbsp;&nbsp;&nbsp;$9931 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7142 | &nbsp;&nbsp;&nbsp;&nbsp; 162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2408 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6987) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (93979) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18980) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (286499) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(6389)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(86337)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(18168)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(274160)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;1645912 | &nbsp;&nbsp;&nbsp;&nbsp;$22251808 | &nbsp;&nbsp;&nbsp;&nbsp; 2693560 | &nbsp;&nbsp;&nbsp;&nbsp;$41394852 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 376209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4841814 | &nbsp;&nbsp;&nbsp;&nbsp; 191449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2875560 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(6306726) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83957279) | &nbsp;&nbsp;&nbsp;&nbsp;(11375726) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(178632931) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(4284605)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(56863657)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8490717)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(134362519)** |
| **Class R6** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 9156 | &nbsp;&nbsp;&nbsp;&nbsp;$124405 | &nbsp;&nbsp;&nbsp;&nbsp; 156145 | &nbsp;&nbsp;&nbsp;&nbsp;$2435465 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 5621 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72284 | &nbsp;&nbsp;&nbsp;&nbsp; 6149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92299 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9965) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (137154) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5758194) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(88419016) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **4812** | &nbsp;&nbsp;&nbsp;&nbsp;**$59535** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5595900)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(85891252)** |

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8 Line of Credit

The Fund participates with other portfolios and funds managed by EVM and its affiliates in a $725 million unsecured line of credit agreement with a group of banks, which is in effect through October 24, 2023. In connection with the renewal of the agreement on October 25, 2022, the borrowing limit was decreased from $800 million. Borrowings are made by the Fund solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Fund based on its borrowings at an amount above either the Secured Overnight Financing Rate (SOFR) or Federal Funds rate. In addition, a fee computed at an annual rate of 0.15% on the daily unused portion of the line of credit is allocated among the participating portfolios and funds at the end of each quarter. Also in connection with the renewal of the agreement, an arrangement fee totaling $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Fund, it may be unable to borrow some or all of its requested amounts at any particular time. The Fund did not have any significant borrowings or allocated fees during the year ended January 31, 2023.

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Notes to Financial Statements — continued

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9 Securities Lending Agreement

The Fund has established a securities lending agreement with State Street Bank and Trust Company (SSBT) as securities lending agent in which the Fund lends portfolio securities to qualified borrowers in exchange for collateral consisting of either cash or securities issued or guaranteed by the U.S. government or its agencies or instrumentalities in an amount at least equal to the market value of the securities on loan. The market value of securities loaned is determined daily and any additional required collateral is delivered to the Fund on the next business day. Cash collateral is invested in the State Street Navigator Securities Lending Government Money Market Portfolio, a money market fund registered under the 1940 Act. The Fund earns interest on the amount invested but it must pay (and at times receive from) the broker a loan rebate fee computed as a varying percentage of the collateral received. For security loans secured by non-cash collateral, the Fund earns a negotiated lending fee from the borrower. A portion of the income earned by the Fund from its investment of cash collateral, net of rebate fees, and lending fees received is allocated to SSBT for its services as lending agent and the portion allocated to the Fund is presented as securities lending income, net on the Statement of Operations. Non-cash collateral is held by the lending agent on behalf of the Fund and cannot be sold or re-pledged by the Fund; accordingly, such collateral is not reflected in the Statement of Assets and Liabilities.

The Fund is subject to possible delay in the recovery of loaned securities. Pursuant to the securities lending agreement, SSBT has provided indemnification to the Fund in the event of default by a borrower with respect to a loan. The Fund bears the risk of loss with respect to the investment of cash collateral.

At January 31, 2023, the value of the securities loaned and the value of the collateral received, which exceeded the value of the securities loaned, amounted to $3,048,845 and $3,292,121, respectively. Collateral received was comprised of cash of $1,003,737 and U.S. government and/or agencies securities of $2,288,384. The securities lending transactions have no contractual maturity date and each of the Fund and borrower has the option to terminate a loan at any time.

The following table provides a breakdown of securities lending transactions accounted for as secured borrowings, the obligations by class of collateral pledged, and the remaining contractual maturity of those transactions as of January 31, 2023.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** | **Remaining Contractual Maturity of the Transactions** |
|  | **Overnight and<br> Continuous** | **<30 days** | **30 to 90 days** | **>90 days** | **Total** |
| Common Stocks | $1003737 | $— | $— | $— | $1003737 |

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The carrying amount of the liability for collateral for securities loaned at January 31, 2023 approximated its fair value. If measured at fair value, such liability would have been considered as Level 2 in the fair value hierarchy (see Note 11) at January 31, 2023.

10 Investments in Affiliated Funds

At January 31, 2023, the value of the Fund's investment in funds that may be deemed to be affiliated was $270,603, which represents 0.1% of the Fund's net assets. Transactions in such funds by the Fund for the year ended January 31, 2023 were as follows:

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **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 | $— | $19258001 | $(18987398) | $— | $— | $270603 | $5210 | 270603 |

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11 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)

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Notes to Financial Statements — continued

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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, 2023, the hierarchy of inputs used in valuing the Fund's investments, which are carried at value, were as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;**Total** |
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Asia/Pacific | &nbsp;&nbsp;$4475474 | &nbsp;&nbsp;$104981636 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;$109457110 |
| &nbsp;&nbsp;&nbsp;Emerging Europe | &nbsp;&nbsp;&nbsp;&nbsp; 58721 | &nbsp;&nbsp;&nbsp;&nbsp; 26580194 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 26638915 |
| &nbsp;&nbsp;&nbsp;Latin America | &nbsp;&nbsp;&nbsp;&nbsp;24647483 | &nbsp;&nbsp;&nbsp;&nbsp; 5304688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 29952171 |
| &nbsp;&nbsp;&nbsp;Middle East/Africa | &nbsp;&nbsp;&nbsp;&nbsp; 997434 | &nbsp;&nbsp;&nbsp;&nbsp; 38393211 | &nbsp;&nbsp;&nbsp;&nbsp;1954062 | &nbsp;&nbsp;&nbsp;&nbsp; 41344707 |
| **Total Common Stocks** | &nbsp;&nbsp;**$30179112** | &nbsp;&nbsp;**$175,259,729\*\*** | &nbsp;&nbsp;**$1954062** | &nbsp;&nbsp;**$207392903** |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;$270603 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$270603 |
| &nbsp;&nbsp;&nbsp;Securities Lending Collateral | &nbsp;&nbsp;&nbsp;&nbsp; 1003737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1003737 |
| **Total Investments** | &nbsp;&nbsp;**$31453452** | &nbsp;&nbsp;**$175259729** | &nbsp;&nbsp;**$1954062** | &nbsp;&nbsp;**$208667243** |

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\* None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund.

\*\* 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.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the year ended January 31, 2023 is not presented.

12 Risks and Uncertainties

#### Risks Associated with Foreign Investments
Foreign investments can be adversely affected by political, economic and market developments abroad, including the imposition of economic and other sanctions by the United States or another country. There may be less publicly available information about foreign issuers because they may not be subject to reporting practices, requirements or regulations comparable to those to which United States companies are subject. Foreign markets may be smaller, less liquid and more volatile than the major markets in the United States. Trading in foreign markets typically involves higher expense than trading in the United States. The Fund may have difficulties enforcing its legal or contractual rights in a foreign country. Securities that trade or are denominated in currencies other than the U.S. dollar may be adversely affected by fluctuations in currency exchange rates.

Emerging market securities often involve greater risks than developed market securities. Investment markets within emerging market countries are typically smaller, less liquid, less developed and more volatile than those in more developed markets like the United States, and may be focused in certain economic sectors. The information available about an emerging market issuer may be less reliable than for comparable issuers in more developed capital markets. Governmental actions can have a significant effect on the economic conditions in emerging market countries. It may be more difficult to make a claim or obtain a judgment in the courts of these countries than it is in the United States. The possibility of fraud, negligence, undue influence being exerted by an issuer or refusal to recognize ownership exists in some emerging markets. Disruptions due to work stoppages and trading improprieties in foreign securities markets have caused such markets to close. Emerging market securities are also subject to speculative trading, which contributes to their volatility.

On February 24, 2022, Russia launched an invasion of Ukraine, following rising tensions over the buildup of Russian troops along the Ukrainian border and joint military exercises by Russia with Belarus. In response to the invasion, many countries, including the U.S., have imposed economic sanctions on Russian governmental institutions, Russian entities, and Russian individuals. The conflict and sanctions have had a negative impact on the Russian economy, on the Russian currency, and on investments having exposure to Russia, Belarus and Ukraine. The conflict could also have a significant effect on investments outside the region. The duration and extent of the military conflict with Russia and the related sanctions cannot be predicted at this time.

#### Pandemic Risk
An outbreak of respiratory disease caused by a novel coronavirus was first detected in China in late 2019 and subsequently spread internationally. This coronavirus has resulted in closing borders, enhanced health screenings, changes to healthcare service preparation and delivery, quarantines, cancellations, disruptions to supply chains and customer activity, as well as general concern and uncertainty. Health crises caused by outbreaks of disease, such as the

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Notes to Financial Statements — continued

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coronavirus outbreak, may exacerbate other pre-existing political, social and economic risks and disrupt normal market conditions and operations. The impact of this outbreak has negatively affected the worldwide economy, as well as the economies of individual countries and industries, and could continue to affect the market in significant and unforeseen ways. Other epidemics and pandemics that may arise in the future may have similar effects. Any such impact could adversely affect the Fund's performance, or the performance of the securities in which the Fund invests.

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Report of Independent Registered Public Accounting Firm

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To the Trustees of Eaton Vance Mutual Funds Trust and Shareholders of Parametric Emerging Markets Fund:

Opinion on the Financial Statements and Financial Highlights

We have audited the accompanying statement of assets and liabilities of Parametric Emerging Markets Fund (the "Fund") (one of the funds constituting Eaton Vance Mutual Funds Trust), including the portfolio of investments, as of January 31, 2023, the related statement of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, the financial highlights for each of the five years in the period then ended, and the related notes. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Fund as of January 31, 2023, and the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended, and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Fund is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of January 31, 2023, by correspondence with the custodian and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte & Touche LLP<br> Boston, Massachusetts<br> March 22, 2023

We have served as the auditor of one or more Eaton Vance investment companies since 1959.

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Federal Tax Information (Unaudited)

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The Form 1099-DIV you receive in February 2024 will show the tax status of all distributions paid to your account in calendar year 2023. Shareholders are advised to consult their own tax adviser with respect to the tax consequences of their investment in the Fund. As required by the Internal Revenue Code and/or regulations, shareholders must be notified regarding the status of qualified dividend income for individuals and the foreign tax credit.

**Qualified Dividend Income. For the fiscal year ended January 31, 2023, the Fund designates approximately $4,764,866, or up to the maximum amount of such dividends allowable pursuant to the Internal Revenue Code, as qualified dividend income eligible for the reduced tax rate of 15%.**

#### Foreign Tax Credit. For the fiscal year ended January 31, 2023, the Fund paid foreign taxes of $898,523 and recognized foreign source income of $10,912,208.

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Management and Organization

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**Fund Management. The Trustees of Eaton Vance Mutual Funds Trust (the Trust) are responsible for the overall management and supervision of the Trust's affairs. The Board members and officers of the Trust are listed below. Except as indicated, each individual has held the office shown or other offices in the same company for the last five years. Board members hold indefinite terms of office. Each Trustee holds office until his or her successor is elected and qualified, subject to a prior death, resignation, retirement, disqualification or removal. Under the terms of the Fund's current Trustee retirement policy, an Independent Trustee must retire and resign as a Trustee on the earlier of: (i) the first day of July following his or her 74th birthday; or (ii), with limited exception, December 31st of the 20th year in which he or she has served as a Trustee. However, if such retirement and resignation would cause the Fund to be out of compliance with Section 16 of the 1940 Act or any other regulations or guidance of the SEC, then such retirement and resignation will not become effective until such time as action has been taken for the Fund to be in compliance therewith. The "noninterested Trustees" consist of those Trustees who are not "interested persons" of the Trust, as that term is defined under the 1940 Act. The business address of each Board member and officer is Two International Place, Boston, Massachusetts 02110. As used below, "BMR" refers to Boston Management and Research, "EVC" refers to Eaton Vance Corp., "EV" refers to EV LLC, "EVM" refers to Eaton Vance Management and "EVD" refers to Eaton Vance Distributors, Inc. EV is the trustee of each of EVM and BMR. Effective March 1, 2021, each of EVM, BMR, EVD and EV are indirect, wholly owned subsidiaries of Morgan Stanley. Each officer affiliated with EVM may hold a position with other EVM affiliates that is comparable to his or her position with EVM listed below. Each Trustee oversees 130 funds in the Eaton Vance fund complex (including both funds and portfolios in a hub and spoke structure).**

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| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s) and Other Directorships<br> During Past Five Years and Other Relevant Experience** |
| Interested Trustee | Interested Trustee | Interested Trustee | Interested Trustee |
| Thomas E. Faust Jr.<br> 1958 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2007 | &nbsp;&nbsp;&nbsp;Chairman of Morgan Stanley Investment Management, Inc. (MSIM), member of the Board of Managers and President of EV (since 2021), Chief Executive Officer of EVM and BMR. Formerly, Chairman, Chief Executive Officer (2007-2021) and President (2006-2021) of EVC and Director of EVD (2007-2022). Mr. Faust is an interested person because of his positions with MSIM, BMR, EVM and EV, which are affiliates of the Trust.<br> **Other Directorships.** Formerly, Director of EVC (2007-2021) and Hexavest Inc. (investment management firm) (2012-2021). |
| Noninterested Trustees | Noninterested Trustees | Noninterested Trustees | Noninterested Trustees |
| Alan C. Bowser<sup>(1)</sup><br> 1962 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2022 | &nbsp;&nbsp;&nbsp;Formerly, Chief Diversity Officer, Partner and a member of the Operating Committee, and formerly served as Senior Advisor on Diversity and Inclusion for the firm's chief executive officer, Co-Head of the Americas Region, and Senior Client Advisor of Bridgewater Associates, an asset management firm (2011- 2023).<br> **Other Directorships**. None. |
| Mark R. Fetting<br> 1954 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2016 | &nbsp;&nbsp;&nbsp;Private investor. Formerly held various positions at Legg Mason, Inc. (investment management firm) (2000-2012), including President, Chief Executive Officer, Director and Chairman (2008-2012), Senior Executive Vice President (2004-2008) and Executive Vice President (2001-2004). Formerly, President of Legg Mason family of funds (2001-2008). Formerly, Division President and Senior Officer of Prudential Financial Group, Inc. and related companies (investment management firm) (1991-2000).<br> **Other Directorships**. None. |
| Cynthia E. Frost<br> 1961 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2014 | &nbsp;&nbsp;&nbsp;Private investor. Formerly, Chief Investment Officer of Brown University (university endowment) (2000-2012). Formerly, Portfolio Strategist for Duke Management Company (university endowment manager) (1995-2000). Formerly, Managing Director, Cambridge Associates (investment consulting company) (1989-1995). Formerly, Consultant, Bain and Company (management consulting firm) (1987-1989). Formerly, Senior Equity Analyst, BA Investment Management Company (1983-1985).<br> **Other Directorships**. None. |
| George J. Gorman<br> 1952 | &nbsp;&nbsp;&nbsp;Chairperson <br> of the Board<br> and Trustee | &nbsp;&nbsp;&nbsp;Since 2021<br> (Chairperson) and<br> 2014 (Trustee) | &nbsp;&nbsp;&nbsp;Principal at George J. Gorman LLC (consulting firm). Formerly, Senior Partner at Ernst & Young LLP (a registered public accounting firm) (1974-2009).<br> **Other Directorships**. None. |

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Management and Organization — continued

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| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s) and Other Directorships<br> During Past Five Years and Other Relevant Experience** |
| Noninterested Trustees (continued) | Noninterested Trustees (continued) | Noninterested Trustees (continued) | Noninterested Trustees (continued) |
| Valerie A. Mosley<br> 1960 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2014 | &nbsp;&nbsp;&nbsp;Chairwoman and Chief Executive Officer of Valmo Ventures (a consulting and investment firm). Founder of Upward Wealth, Inc., dba BrightUp, a fintech platform. Formerly, Partner and Senior Vice President, Portfolio Manager and Investment Strategist at Wellington Management Company, LLP (investment management firm) (1992-2012). Formerly, Chief Investment Officer, PG Corbin Asset Management (1990-1992). Formerly worked in institutional corporate bond sales at Kidder Peabody (1986-1990).<br> **Other Directorships**. Director of DraftKings, Inc. (digital sports entertainment and gaming company) (since September 2020). Director of Envestnet, Inc. (provider of intelligent systems for wealth management and financial wellness) (since 2018). Formerly, Director of Dynex Capital, Inc. (mortgage REIT) (2013-2020) and Director of Groupon, Inc. (e-commerce provider) (2020-2022). |
| Keith Quinton<br> 1958 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2018 | &nbsp;&nbsp;&nbsp;Private investor, researcher and lecturer. Formerly, Independent Investment Committee Member at New Hampshire Retirement System (2017-2021). Formerly, Portfolio Manager and Senior Quantitative Analyst at Fidelity Investments (investment management firm) (2001-2014).<br> **Other Directorships**. Formerly, Director (2016-2021) and Chairman (2019-2021) of New Hampshire Municipal Bond Bank. |
| Marcus L. Smith<br> 1966 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2018 | &nbsp;&nbsp;&nbsp;Private investor and independent corporate director. Formerly, Chief Investment Officer, Canada (2012-2017), Chief Investment Officer, Asia (2010-2012), Director of Asian Research (2004-2010) and portfolio manager (2001-2017) at MFS Investment Management (investment management firm).<br> **Other Directorships**. Director of First Industrial Realty Trust, Inc. (an industrial REIT) (since 2021). Director of MSCI Inc. (global provider of investment decision support tools) (since 2017). Formerly, Director of DCT Industrial Trust Inc. (logistics real estate company) (2017-2018). |
| Susan J. Sutherland<br> 1957 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2015 | &nbsp;&nbsp;&nbsp;Private investor. Director of Ascot Group Limited and certain of its subsidiaries (insurance and reinsurance) (since 2017). Formerly, Director of Hagerty Holding Corp. (insurance) (2015-2018) and Montpelier Re Holdings Ltd. (insurance and reinsurance) (2013-2015). Formerly, Associate, Counsel and Partner at Skadden, Arps, Slate, Meagher & Flom LLP (law firm) (1982-2013).<br> **Other Directorships**. Formerly, Director of Kairos Acquisition Corp. (insurance/InsurTech acquisition company) (2021-2023). |
| Scott E. Wennerholm<br> 1959 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2016 | &nbsp;&nbsp;&nbsp;Private investor. Formerly, Trustee at Wheelock College (postsecondary institution) (2012-2018). Formerly, Consultant at GF Parish Group (executive recruiting firm) (2016-2017). Formerly, Chief Operating Officer and Executive Vice President at BNY Mellon Asset Management (investment management firm) (2005-2011). Formerly, Chief Operating Officer and Chief Financial Officer at Natixis Global Asset Management (investment management firm) (1997-2004). Formerly, Vice President at Fidelity Investments Institutional Services (investment management firm) (1994-1997).<br> **Other Directorships**. None. |
| Nancy A. Wiser<sup>(1)</sup><br> 1967 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2022 | &nbsp;&nbsp;&nbsp;Formerly, Executive Vice President and the Global Head of Operations at Wells Fargo Asset Management (2011-2021).<br> **Other Directorships**. None. |

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| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s)<br> During Past Five Years** |
| Principal Officers who are not Trustees | Principal Officers who are not Trustees | Principal Officers who are not Trustees | Principal Officers who are not Trustees |
| Eric A. Stein<br> 1980 | &nbsp;&nbsp;&nbsp;President | &nbsp;&nbsp;&nbsp;Since 2020 | &nbsp;&nbsp;&nbsp;Vice President and Chief Investment Officer, Fixed Income of EVM and BMR. Prior to November 1, 2020, Mr. Stein was a co-Director of Eaton Vance's Global Income Investments. Also Vice President of Calvert Research and Management ("CRM"). |
| Deidre E. Walsh<br> 1971 | &nbsp;&nbsp;&nbsp;Vice President and<br> Chief Legal Officer | &nbsp;&nbsp;&nbsp;Since 2009 | &nbsp;&nbsp;&nbsp;Vice President of EVM and BMR. Also Vice President of CRM. |
| James F. Kirchner<br> 1967 | &nbsp;&nbsp;&nbsp;Treasurer | &nbsp;&nbsp;&nbsp;Since 2007 | &nbsp;&nbsp;&nbsp;Vice President of EVM and BMR. Also Vice President of CRM. |

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Parametric

Emerging Markets Fund

January 31, 2023

Management and Organization — continued

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| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s)<br> During Past Five Years** |
| Principal Officers who are not Trustees (continued) | Principal Officers who are not Trustees (continued) | Principal Officers who are not Trustees (continued) | Principal Officers who are not Trustees (continued) |
| Nicholas S. Di Lorenzo<br> 1987 | &nbsp;&nbsp;&nbsp;Secretary | &nbsp;&nbsp;&nbsp;Since 2022 | &nbsp;&nbsp;&nbsp;Formerly, associate (2012-2021) and counsel (2022) at Dechert LLP. |
| Richard F. Froio<br> 1968 | &nbsp;&nbsp;&nbsp;Chief Compliance<br> Officer | &nbsp;&nbsp;&nbsp;Since 2017 | &nbsp;&nbsp;&nbsp;Vice President of EVM and BMR since 2017. Formerly, Deputy Chief Compliance Officer (Adviser/Funds) and Chief Compliance Officer (Distribution) at PIMCO (2012-2017) and Managing Director at BlackRock/Barclays Global Investors (2009-2012). |

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<sup>(1)</sup> Mr. Bowser and Ms. Wiser began serving as Trustees effective April 4, 2022.

The SAI for the Fund includes additional information about the Trustees and officers of the Fund and can be obtained without charge on Eaton Vance's website at www.eatonvance.com or by calling 1-800-260-0761.

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Eaton Vance Funds<br>

Privacy Notice April 2021

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| | |
|:---|:---|
| &nbsp;&nbsp;**FACTS** | &nbsp;&nbsp;&nbsp;**WHAT DOES EATON VANCE DO WITH YOUR<br> PERSONAL INFORMATION?** |

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Why?** | &nbsp;&nbsp;&nbsp;&nbsp;Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. |
| &nbsp;&nbsp;&nbsp;**What?** | &nbsp;&nbsp;&nbsp;&nbsp;The types of personal information we collect and share depend on the product or service you have with us. This information can include:<br>■ Social Security number and income<br> ■ investment experience and risk tolerance<br> ■ checking account number and wire transfer instructions |
| &nbsp;&nbsp;&nbsp;**How?** | &nbsp;&nbsp;&nbsp;&nbsp;All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Eaton Vance chooses to share; and whether you can limit this sharing. |

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Reasons we can share your<br> personal information** | &nbsp;&nbsp;**Does Eaton Vance<br> share?** | &nbsp;&nbsp;**Can you limit<br> this sharing?** |
| &nbsp;&nbsp;&nbsp;**For our everyday business purposes — such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No |
| &nbsp;&nbsp;&nbsp;**For our marketing purposes — to offer our products and services to you** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No |
| &nbsp;&nbsp;&nbsp;**For joint marketing with other financial companies** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |
| &nbsp;&nbsp;&nbsp;**For our investment management affiliates' everyday business purposes — information about your transactions, experiences, and creditworthiness** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;&nbsp;**For our affiliates' everyday business purposes — information about your transactions and experiences** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No |
| &nbsp;&nbsp;&nbsp;**For our affiliates' everyday business purposes — information about your creditworthiness** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |
| &nbsp;&nbsp;&nbsp;**For our investment management affiliates to market to you** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;&nbsp;**For our affiliates to market to you** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |
| &nbsp;&nbsp;&nbsp;**For nonaffiliates to market to you** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**To limit our<br> sharing** | &nbsp;&nbsp;&nbsp;&nbsp;Call toll-free 1-800-262-1122 or email: EVPrivacy@eatonvance.com<br>**Please note:**<br>If you are a *new* customer, we can begin sharing your information 30 days from the date we sent this notice. When you are *no longer* our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing. |
| &nbsp;&nbsp;&nbsp;**Questions?** | &nbsp;&nbsp;&nbsp;&nbsp;Call toll-free 1-800-262-1122 or email: EVPrivacy@eatonvance.com |

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Eaton Vance Funds<br>

Privacy Notice — continued April 2021

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Who we are** | &nbsp;&nbsp;&nbsp;**Who we are** |
| &nbsp;&nbsp;&nbsp;**Who is providing this notice?** | &nbsp;&nbsp;Eaton Vance Management, Eaton Vance Distributors, Inc., Eaton Vance Trust Company, Eaton Vance Management (International) Limited, Eaton Vance Advisers International Ltd., Eaton Vance Global Advisors Limited, Eaton Vance Management's Real Estate Investment Group, Boston Management and Research, Calvert Research and Management, Eaton Vance and Calvert Fund Families and our investment advisory affiliates ("Eaton Vance") (see Investment Management Affiliates definition below) |
| &nbsp;&nbsp;&nbsp;**What we do** | &nbsp;&nbsp;&nbsp;**What we do** |
| &nbsp;&nbsp;&nbsp;**How does Eaton Vance<br> protect my personal<br> information?** | &nbsp;&nbsp;To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. We have policies governing the proper handling of customer information by personnel and requiring third parties that provide support to adhere to appropriate security standards with respect to such information. |
| &nbsp;&nbsp;&nbsp;**How does Eaton Vance<br> collect my personal<br> information?** | &nbsp;&nbsp;We collect your personal information, for example, when you<br>■ open an account or make deposits or withdrawals from your account<br> ■ buy securities from us or make a wire transfer<br> ■ give us your contact information<br>We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. |
| &nbsp;&nbsp;&nbsp;**Why can't I limit all sharing?** | &nbsp;&nbsp;Federal law gives you the right to limit only<br>■ sharing for affiliates' everyday business purposes — information about your creditworthiness<br> ■ affiliates from using your information to market to you<br> ■ sharing for nonaffiliates to market to you<br>State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law. |
| &nbsp;&nbsp;&nbsp;**Definitions** | &nbsp;&nbsp;&nbsp;**Definitions** |
| &nbsp;&nbsp;&nbsp;**Investment Management<br> Affiliates** | &nbsp;&nbsp;Eaton Vance Investment Management Affiliates include registered investment advisers, registered broker- dealers, and registered and unregistered funds. Investment Management Affiliates does not include entities associated with Morgan Stanley Wealth Management, such as Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. |
| &nbsp;&nbsp;&nbsp;**Affiliates** | &nbsp;&nbsp;Companies related by common ownership or control. They can be financial and nonfinancial companies.<br>■ *Our affiliates include companies with a Morgan Stanley name and financial companies such as Morgan Stanley Smith Barney LLC and Morgan Stanley & Co.* |
| &nbsp;&nbsp;&nbsp;**Nonaffiliates** | &nbsp;&nbsp;Companies not related by common ownership or control. They can be financial and nonfinancial companies.<br>■ *Eaton Vance does not share with nonaffiliates so they can market to you.* |
| &nbsp;&nbsp;&nbsp;**Joint marketing** | &nbsp;&nbsp;A formal agreement between nonaffiliated financial companies that together market financial products or services to you.<br>■ *Eaton Vance doesn't jointly market.* |
| &nbsp;&nbsp;&nbsp;**Other important information** | &nbsp;&nbsp;&nbsp;**Other important information** |
| &nbsp;&nbsp;&nbsp;**Vermont: Except as permitted by law, we will not share personal information we collect about Vermont residents with Nonaffiliates unless you provide us with your written consent to share such information.<br>California: Except as permitted by law, we will not share personal information we collect about California residents with Nonaffiliates and we will limit sharing such personal information with our Affiliates to comply with California privacy laws that apply to us.** | &nbsp;&nbsp;&nbsp;**Vermont: Except as permitted by law, we will not share personal information we collect about Vermont residents with Nonaffiliates unless you provide us with your written consent to share such information.<br>California: Except as permitted by law, we will not share personal information we collect about California residents with Nonaffiliates and we will limit sharing such personal information with our Affiliates to comply with California privacy laws that apply to us.** |

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Eaton Vance Funds<br>

IMPORTANT NOTICES

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**Delivery of Shareholder Documents. The Securities and Exchange Commission (SEC) permits funds to deliver only one copy of shareholder documents, including prospectuses, proxy statements and shareholder reports, to fund investors with multiple accounts at the same residential or post office box address. This practice is often called "householding" and it helps eliminate duplicate mailings to shareholders. *Eaton Vance, or your financial intermediary, may household the mailing of your documents indefinitely unless you instruct Eaton Vance, or your financial intermediary, otherwise.* If you would prefer that your Eaton Vance documents not be householded, please contact Eaton Vance at 1-800-260-0761, or contact your financial intermediary. Your instructions that householding not apply to delivery of your Eaton Vance documents will typically be effective within 30 days of receipt by Eaton Vance or your financial intermediary.**

**Portfolio Holdings. Each Eaton Vance Fund and its underlying Portfolio(s) (if applicable) files a schedule of portfolio holdings on Part F to Form N-PORT with the SEC. Certain information filed on Form N-PORT may be viewed on the Eaton Vance website at www.eatonvance.com, by calling Eaton Vance at 1-800-260-0761 or in the EDGAR database on the SEC's website at www.sec.gov.**

**Proxy Voting. From time to time, funds are required to vote proxies related to the securities held by the funds. The Eaton Vance Funds or their underlying Portfolios (if applicable) vote proxies according to a set of policies and procedures approved by the Funds' and Portfolios' Boards. You may obtain a description of these policies and procedures and information on how the Funds or Portfolios voted proxies relating to portfolio securities during the most recent 12-month period ended June 30, without charge, upon request, by calling 1-800-260-0761 and by accessing the SEC's website at www.sec.gov.**

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

Investment Adviser and Administrator

#### Eaton Vance Management<br> Two International Place<br> Boston, MA 02110
Investment Sub-Adviser

#### Parametric Portfolio Associates LLC<br> 800 Fifth Avenue, Suite 2800<br> Seattle, WA 98104
Principal Underwriter<sup>\*</sup>

#### Eaton Vance Distributors, Inc.<br> Two International Place<br> Boston, MA 02110<br> (617) 482-8260
Custodian

#### State Street Bank and Trust Company<br> State Street Financial Center, One Lincoln Street<br> Boston, MA 02111
Transfer Agent

#### BNY Mellon Investment Servicing (US) Inc.<br> Attn: Eaton Vance Funds<br> P.O. Box 534439<br> Pittsburgh, PA 15253-4439<br> (800) 260-0761
Independent Registered Public Accounting Firm

#### Deloitte & Touche LLP<br> 200 Berkeley Street<br> Boston, MA 02116-5022
Fund Offices

Two International Place<br> Boston, MA 02110

<sup>\*</sup> **FINRA BrokerCheck.** Investors may check the background of their Investment Professional by contacting the Financial Industry Regulatory Authority (FINRA). FINRA BrokerCheck is a free tool to help investors check the professional background of current and former FINRA-registered securities firms and brokers. FINRA BrokerCheck is available by calling 1-800-289-9999 and at www.FINRA.org. The FINRA BrokerCheck brochure describing this program is available to investors at www.FINRA.org.

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[**Table of Contents**](#job_ev_ar_26d723ab-7326-4820-88f8-70dcbf1a7019_toc)

2774 1.31.23

------

![](g469219img609df9781.gif)

------

## Parametric

## Volatility Risk Premium -<br> Defensive Fund

## Annual Report
January 31, 2023

------

![](g469219imga5c0d59a2.gif)

------

**Commodity Futures Trading Commission Registration. The Commodity Futures Trading Commission ("CFTC") has adopted regulations that subject registered investment companies and advisers to regulation by the CFTC if a fund invests more than a prescribed level of its assets in certain CFTC-regulated instruments (including futures, certain options and swap agreements) or markets itself as providing investment exposure to such instruments. The investment adviser has claimed an exclusion from the definition of "commodity pool operator" under the Commodity Exchange Act with respect to its management of the Fund. Accordingly, neither the Fund nor the adviser with respect to the operation of the Fund is subject to CFTC regulation. Because of its management of other strategies, the Fund's adviser and Parametric Portfolio Associates LLC (Parametric), sub-adviser to the Fund, are registered with the CFTC as commodity pool operators. The adviser and Parametric are also registered as commodity trading advisors.**

**Fund shares are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Shares are subject to investment risks, including possible loss of principal invested.**

**This report must be preceded or accompanied by a current summary prospectus or prospectus. Before investing, investors should consider carefully the investment objective, risks, and charges and expenses of a mutual fund. This and other important information is contained in the summary prospectus and prospectus, which can be obtained from a financial intermediary. Prospective investors should read the prospectus carefully before investing. For further information, please call 1-800-260-0761.**

------

#### Annual Report January 31, 2023
Parametric

Volatility Risk Premium - Defensive Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_59272ba9-f26b-4c06-821a-b3f42a5e937a_1)** |  |
| [Management's Discussion of Fund Performance](#xx_bd25e0c7-5dd4-4cfa-b506-2b6605e4fa19_1) | &nbsp;&nbsp;&nbsp;&nbsp;2 |
| [Performance](#xx_bd25e0c7-5dd4-4cfa-b506-2b6605e4fa19_2) | &nbsp;&nbsp;&nbsp;&nbsp;3 |
| [Fund Profile](#xx_bd25e0c7-5dd4-4cfa-b506-2b6605e4fa19_3) | &nbsp;&nbsp;&nbsp;&nbsp;4 |
| [Endnotes and Additional Disclosures](#xx_1e8993b2-395e-4bb2-8567-0a55084a11f9_1) | &nbsp;&nbsp;&nbsp;&nbsp;5 |
| [Fund Expenses](#xx_b274837f-83fe-49ff-bb72-b93469b48acf_1) | &nbsp;&nbsp;&nbsp;&nbsp;6 |
| [Financial Statements](#xx_5cb712f1-8bcf-436b-83a2-dc2ad3a412b4_1) | &nbsp;&nbsp;&nbsp;&nbsp;7 |
| [Report of Independent Registered Public Accounting Firm](#xx_68eafba6-fe28-4e22-8535-144aea52e046_1) | &nbsp;&nbsp;&nbsp;&nbsp;23 |
| [Federal Tax Information](#xx_849a5123-d32c-4e86-acf0-7d4c3668e6c6_1) | &nbsp;&nbsp;&nbsp;&nbsp;24 |
| [Management and Organization](#xx_f7b05e34-6467-4b82-9519-e96b31659889_1) | &nbsp;&nbsp;&nbsp;&nbsp;25 |
| [Privacy Notice](#xx_98abb80a-6f9d-40ca-960d-58f52609df6f_1) | &nbsp;&nbsp;&nbsp;&nbsp;28 |
| [Important Notices](#xx_ef8d17ec-d543-4661-a3fa-d5db4196c9f7_1) | &nbsp;&nbsp;&nbsp;&nbsp;30 |

---

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Management's Discussion of Fund Performance<sup>†</sup>

------

Economic and Market Conditions

After a 28.7% surge by the broad market S&P 500® Index in 2021 -- hitting 70 new all-time highs to cap off a three-year total return of 100% -- the 12-month period ended January 31, 2023, may have been an inflection point of sorts for markets worldwide. A "transitory inflation" narrative held by multiple economists early in the period eroded as the Consumer Price Index surpassed 9%, the highest level in 40 years. Consumer price indicators in other countries also showed similar inflationary patterns during the period.

In response, the U.S. Federal Reserve and other global central banks acted decisively during the period with aggressive rate hikes to intentionally slow consumer demand and tame runaway prices. As part of the fallout from rising rates, stock volatility nearly doubled during the period -- making calendar year 2022 the first year in history that both equity and bond markets posted double-digit performance losses.

As stock-bond diversification generally failed to reduce portfolio risk, many investors who looked toward equity-hedging strategies were disappointed during the period. That's because the Cboe S&P 500 5% Put Protection Index<sup>SM</sup> -- which buys 1-month put options to protect underlying long equities -- returned -10.33%, underperforming the S&P 500® Index, which returned -8.22% during the period.

Fund Performance

For the 12-month period ended January 31, 2023, Parametric Volatility Risk Premium-Defensive Fund (the Fund) returned -2.26% for Class I shares at net asset value (NAV), outperforming its primary benchmark, the Cboe S&P 500 BuyWrite Index<sup>SM</sup> (the Index), which returned -5.30%. The Index is a passive covered call-writing benchmark. The Fund also outperformed its secondary benchmark -- a blend of 50% S&P 500® Index/50% ICE BofA 3-Month U.S. Treasury Bill Index -- which returned -2.70% during the period.

The Fund pursued its objective by investing in a base portfolio generally composed of an approximately equal mix of equity securities and U.S. Treasury bills. The Fund sells -- or writes -- call and put options on the S&P 500® Index, a broad-based U.S. stock market benchmark. Written call and put options are intended to harvest the volatility risk premium, or VRP -- the difference between implied volatility and subsequent realized volatility, which has been historically positive and uncorrelated with other sources of returns.

The long equity securities held in the Fund were passively managed to reflect the S&P 500® Index, but actively managed to maximize after-tax returns. Sampling techniques were used to help mitigate the tax impact on investors during the period. For the period as a whole, equities detracted -4.45% from returns relative to the S&P 500® Index, while net option returns for written calls and puts contributed 2.49% to relative returns during the period. The Fund's performance also gained value from the sale of options. In contrast, investors who bought certain downside protections did not fare as well during the period.

*See Endnotes and Additional Disclosures in this report.*

*Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) or offering price (as applicable) with all distributions reinvested. Furthermore, returns do not reflect the deduction of taxes that shareholders may have to pay on Fund distributions or upon the redemption of Fund shares. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance for periods less than or equal to one year is cumulative. Performance is for the stated time period only; due to market volatility, current Fund performance may be lower or higher than the quoted return. For performance as of the most recent month-end, please refer to eatonvance.com.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Performance

------

#### Portfolio Manager(s) Thomas C. Seto, Thomas B. Lee, CFA and Alex Zweber, CFA, CAIA, each of Parametric Portfolio Associates LLC

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **% Average Annual Total Returns<sup>1,2</sup>** | **Class <br> Inception Date** | **Performance <br> Inception Date** | **One Year** | **Five Years** | **Since <br> Inception** |
| &nbsp;&nbsp;Class I at NAV | 02/09/2017 | 02/09/2017 | (2.26)% | 5.35% | &nbsp;&nbsp;&nbsp;6.26% |
| &nbsp;&nbsp;Cboe S&P 500 BuyWrite Index<sup>SM</sup> |  |  | (5.30)% | 3.37% | &nbsp;&nbsp;&nbsp;4.59% |
| &nbsp;&nbsp;S&P 500® Index |  |  | (8.22) | 9.53 | 11.98 |
| &nbsp;&nbsp;ICE BofA 3-Month U.S. Treasury Bill Index |  |  | &nbsp;&nbsp;&nbsp;1.78 | 1.30 | &nbsp;&nbsp;&nbsp;1.24 |
| &nbsp;&nbsp;Blended Index |  |  | (2.70) | 5.81 | &nbsp;&nbsp;&nbsp;6.89 |

---

---

| | |
|:---|:---|
| **% Total Annual Operating Expense Ratio<sup>3</sup>** | **Class I** |
|  | 0.47% |

---

Growth of $1,000,000

------

This graph shows the change in value of a hypothetical investment of $1,000,000 in Class I of the Fund for the period indicated. For comparison, the same investment is shown in the indicated index.

![](g469219img3b5738303.jpg)

*See Endnotes and Additional Disclosures in this report.*

*Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) or offering price (as applicable) with all distributions reinvested. Furthermore, returns do not reflect the deduction of taxes that shareholders may have to pay on Fund distributions or upon the redemption of Fund shares. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance for periods less than or equal to one year is cumulative. Performance is for the stated time period only; due to market volatility, current Fund performance may be lower or higher than the quoted return. For performance as of the most recent month-end, please refer to eatonvance.com.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Fund Profile

------

Common Stock Sector Allocation (% of net assets)

![](g469219imge0df93ef4.jpg)

Asset Allocation (% of total investments)

![](g469219imgbafe28365.jpg)

---

| | |
|:---|:---|
| Top 10 Holdings (% of net assets)<sup>1</sup> | Top 10 Holdings (% of net assets)<sup>1</sup> |
| Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3.4% |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2.9 |
| Amazon.com, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1.4 |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;1.0 |
| Berkshire Hathaway, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;1.0 |
| NVIDIA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1.0 |
| Alphabet, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp;0.8 |
| **Total** | &nbsp;&nbsp;**13.9%** |

---

Footnotes:

<sup>1</sup> Depictions do not reflect the Fund's option positions. Excludes short-term investments.

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Endnotes and Additional Disclosures

------

† The views expressed in this
report are those of the portfolio manager(s) and are current only through the date stated at the top of this page. These views are subject to change at any time based upon market or other conditions, and Eaton Vance and the Fund(s) disclaim any
responsibility to update such views. These views may not be relied upon as investment advice and, because investment decisions are based on many factors, may not be relied upon as an indication of trading intent on behalf of any Eaton Vance fund.
This commentary may contain statements that are not historical facts, referred to as "forward-looking statements." The Fund's actual future results may differ significantly from those stated in any forward-looking statement,
depending on factors such as changes in securities or financial markets or general economic conditions, the volume of sales and purchases of Fund shares, the continuation of investment advisory, administrative and service contracts, and other risks
discussed from time to time in the Fund's filings with the Securities and Exchange Commission.

<sup>1</sup> Cboe S&P 500 BuyWrite Index<sup>SM</sup> measures the performance of a hypothetical buy-write strategy on the S&P 500® Index. S&P 500® Index is an unmanaged index of large-cap stocks commonly used as a measure of U.S. stock market performance. S&P Dow Jones Indices are a product of S&P Dow Jones Indices LLC ("S&P DJI") and have been licensed for use. S&P® and S&P 500® are registered trademarks of S&P DJI; Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); S&P DJI, Dow Jones and their respective affiliates do not sponsor, endorse, sell or promote the Fund, will not have any liability with respect thereto and do not have any liability for any errors, omissions, or interruptions of the S&P Dow Jones Indices. ICE BofA 3-Month U.S. Treasury Bill Index is an unmanaged index of U.S. Treasury securities maturing in 90 days. ICE® BofA® indices are not for redistribution or other uses; provided "as is", without warranties, and with no liability. Eaton Vance has prepared this report and ICE Data Indices, LLC does not endorse it, or guarantee, review, or endorse Eaton Vance's products. BofA® is a licensed registered trademark of Bank of America Corporation in the United States and other countries. The Blended Index consists of 50% S&P 500® Index and 50% ICE BofA 3-Month U.S. Treasury Bill Index, rebalanced monthly. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index.

<sup>2</sup> Class I (renamed from Institutional Class effective April 29, 2022) shares are offered at net asset value (NAV). Returns are historical and are calculated by determining the percentage change in NAV with all distributions reinvested. Unless otherwise stated, performance does not reflect the deduction of taxes on Fund distributions or redemptions of Fund shares. Performance since inception for an index, if presented, is the performance since the Fund's or oldest share class' inception, as applicable.

<sup>3</sup> Source: Fund prospectus. The expense ratio for the current reporting period can be found in the Financial Highlights section of this report. Performance reflects expenses waived and/or reimbursed, if applicable. Without such waivers and/or reimbursements, performance would have been lower.

Fund profile subject to change due to active management.

---

| |
|:---|
| Important Notice to Shareholders |
| Effective April 29, 2022, the Fund's Institutional Class shares were redesignated as Class I shares. This share class redesignation did not result in changes to the annual operating expenses of Class I or the Fund. |
| Additional Information |
| The Cboe S&P 500 5% Put Protection Index<sup>SM</sup> (PPUT) tracks the value of a hypothetical portfolio of securities (PPUT portfolio) designed to protect an investor from negative S&P 500 returns. The PPUT portfolio is composed of S&P 500® stocks and of a long position in a one-month 5% out-of-the-money put option on the S&P 500 (SPX put). |
| Diversification cannot ensure a profit or eliminate the risk of loss. |
| Implied volatility refers to the market's forecasted level of volatility going forward whereas realized volatility refers to the level of volatility that actually occurred. |

---

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Fund Expenses

------

#### Example
As a Fund shareholder, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchases; and (2) ongoing costs, including management fees; distribution and/or service fees; and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of Fund investing and to compare these costs with the ongoing costs of investing in other mutual funds. The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (August 1, 2022 to January 31, 2023).

#### Actual Expenses
The first section of the table below provides information about actual account values and actual expenses. You may use the information in this section, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first section under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period.

#### Hypothetical Example for Comparison Purposes
The second section of the table below provides information about hypothetical account values and hypothetical expenses based on the actual Fund expense ratio and an assumed rate of return of 5% per year (before expenses), which is not the actual Fund return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads). Therefore, the second section of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Beginning <br> Account Value<br> (8/1/22)** | &nbsp;&nbsp;&nbsp;&nbsp;**Ending <br> Account Value<br> (1/31/23)** | &nbsp;&nbsp;&nbsp;&nbsp;**Expenses Paid<br> During Period\*<br> (8/1/22 – 1/31/23)** | &nbsp;&nbsp;&nbsp;&nbsp;**Annualized <br> Expense<br> Ratio** |
| **Actual** |  |  |  |  |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1011.40 | &nbsp;&nbsp;&nbsp;&nbsp;$2.48 | &nbsp;&nbsp;&nbsp;&nbsp;0.49% |
| **Hypothetical** |  |  |  |  |
| (5% return per year before expenses) |  |  |  |  |
| Class I | &nbsp;&nbsp;&nbsp;&nbsp;$1000.00 | &nbsp;&nbsp;&nbsp;&nbsp;$1022.74 | &nbsp;&nbsp;&nbsp;&nbsp;$2.50 | &nbsp;&nbsp;&nbsp;&nbsp;0.49% |

---

\* Expenses are equal to the Fund's annualized expense ratio for the indicated Class, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period). The Example assumes that the $1,000 was invested at the net asset value per share determined at the close of business on July 31, 2022.

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Portfolio of Investments

------

Common Stocks — 51.5%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Aerospace & Defense — 1.0% | Aerospace & Defense — 1.0% | Aerospace & Defense — 1.0% |
| Boeing Co. (The)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9706 | &nbsp;&nbsp;$2067378 |
| Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4192 | &nbsp;&nbsp;&nbsp;&nbsp; 924504 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6177 | &nbsp;&nbsp;&nbsp;&nbsp; 1326943 |
| Raytheon Technologies Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25003 | &nbsp;&nbsp;&nbsp;&nbsp; 2496549 |
|  |  | &nbsp;&nbsp;**$6815374** |
| Air Freight & Logistics — 0.3% | Air Freight & Logistics — 0.3% | Air Freight & Logistics — 0.3% |
| Expeditors International of Washington, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6721 | &nbsp;&nbsp;$726876 |
| United Parcel Service, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5888 | &nbsp;&nbsp;&nbsp;&nbsp; 1090634 |
|  |  | &nbsp;&nbsp;**$1817510** |
| Airlines — 0.1% | Airlines — 0.1% | Airlines — 0.1% |
| Alaska Air Group, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21033 | &nbsp;&nbsp;$1079834 |
|  |  | &nbsp;&nbsp;**$1079834** |
| Auto Components — 0.1% | Auto Components — 0.1% | Auto Components — 0.1% |
| BorgWarner, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11034 | &nbsp;&nbsp;$521688 |
|  |  | &nbsp;&nbsp;**$521688** |
| Automobiles — 0.6% | Automobiles — 0.6% | Automobiles — 0.6% |
| Ford Motor Co. | &nbsp;&nbsp;&nbsp;&nbsp;102424 | &nbsp;&nbsp;$1383748 |
| Tesla, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17771 | &nbsp;&nbsp;&nbsp;&nbsp; 3078293 |
|  |  | &nbsp;&nbsp;**$4462041** |
| Banks — 2.3% | Banks — 2.3% | Banks — 2.3% |
| Bank of America Corp. | &nbsp;&nbsp;&nbsp;&nbsp;101213 | &nbsp;&nbsp;$3591037 |
| Citigroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32214 | &nbsp;&nbsp;&nbsp;&nbsp; 1682215 |
| Fifth Third Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30206 | &nbsp;&nbsp;&nbsp;&nbsp; 1096176 |
| Huntington Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62582 | &nbsp;&nbsp;&nbsp;&nbsp; 949369 |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37320 | &nbsp;&nbsp;&nbsp;&nbsp; 5223307 |
| KeyCorp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28832 | &nbsp;&nbsp;&nbsp;&nbsp; 553286 |
| M&T Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526 | &nbsp;&nbsp;&nbsp;&nbsp; 82056 |
| Regions Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50835 | &nbsp;&nbsp;&nbsp;&nbsp; 1196656 |
| Wells Fargo & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38259 | &nbsp;&nbsp;&nbsp;&nbsp; 1793199 |
|  |  | &nbsp;&nbsp;**$16167301** |
| Beverages — 1.0% | Beverages — 1.0% | Beverages — 1.0% |
| Brown-Forman Corp., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3730 | &nbsp;&nbsp;$248343 |
| Coca-Cola Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55380 | &nbsp;&nbsp;&nbsp;&nbsp; 3395902 |
| PepsiCo, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19637 | &nbsp;&nbsp;&nbsp;&nbsp; 3358320 |
|  |  | &nbsp;&nbsp;**$7002565** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Biotechnology — 1.1% | Biotechnology — 1.1% | Biotechnology — 1.1% |
| AbbVie, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25007 | &nbsp;&nbsp;$3694784 |
| Amgen, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8146 | &nbsp;&nbsp;&nbsp;&nbsp; 2056051 |
| Moderna, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3792 | &nbsp;&nbsp;&nbsp;&nbsp; 667620 |
| Vertex Pharmaceuticals, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3924 | &nbsp;&nbsp;&nbsp;&nbsp; 1267844 |
|  |  | &nbsp;&nbsp;**$7686299** |
| Building Products — 0.3% | Building Products — 0.3% | Building Products — 0.3% |
| A.O. Smith Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16850 | &nbsp;&nbsp;$1140745 |
| Carrier Global Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20581 | &nbsp;&nbsp;&nbsp;&nbsp; 937053 |
|  |  | &nbsp;&nbsp;**$2077798** |
| Capital Markets — 1.4% | Capital Markets — 1.4% | Capital Markets — 1.4% |
| Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4528 | &nbsp;&nbsp;$1585343 |
| Charles Schwab Corp. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1766 | &nbsp;&nbsp;&nbsp;&nbsp; 136724 |
| Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5575 | &nbsp;&nbsp;&nbsp;&nbsp; 2039391 |
| Invesco, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55837 | &nbsp;&nbsp;&nbsp;&nbsp; 1033543 |
| Nasdaq, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18560 | &nbsp;&nbsp;&nbsp;&nbsp; 1117126 |
| S&P Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6132 | &nbsp;&nbsp;&nbsp;&nbsp; 2299132 |
| State Street Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17118 | &nbsp;&nbsp;&nbsp;&nbsp; 1563387 |
|  |  | &nbsp;&nbsp;**$9774646** |
| Chemicals — 0.9% | Chemicals — 0.9% | Chemicals — 0.9% |
| CF Industries Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12644 | &nbsp;&nbsp;$1070947 |
| FMC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8161 | &nbsp;&nbsp;&nbsp;&nbsp; 1086474 |
| Linde PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8502 | &nbsp;&nbsp;&nbsp;&nbsp; 2813652 |
| Sherwin-Williams Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6320 | &nbsp;&nbsp;&nbsp;&nbsp; 1495248 |
|  |  | &nbsp;&nbsp;**$6466321** |
| Commercial Services & Supplies — 0.1% | Commercial Services & Supplies — 0.1% | Commercial Services & Supplies — 0.1% |
| Republic Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8365 | &nbsp;&nbsp;$1044119 |
|  |  | &nbsp;&nbsp;**$1044119** |
| Communications Equipment — 0.6% | Communications Equipment — 0.6% | Communications Equipment — 0.6% |
| Arista Networks, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6778 | &nbsp;&nbsp;$854164 |
| Cisco Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53851 | &nbsp;&nbsp;&nbsp;&nbsp; 2620928 |
| F5, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6035 | &nbsp;&nbsp;&nbsp;&nbsp; 891128 |
|  |  | &nbsp;&nbsp;**$4366220** |
| Construction & Engineering — 0.1% | Construction & Engineering — 0.1% | Construction & Engineering — 0.1% |
| Quanta Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6781 | &nbsp;&nbsp;$1032000 |
|  |  | &nbsp;&nbsp;**$1032000** |
| Consumer Finance — 0.3% | Consumer Finance — 0.3% | Consumer Finance — 0.3% |
| Discover Financial Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9243 | &nbsp;&nbsp;$1078935 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Consumer Finance (continued) | Consumer Finance (continued) | Consumer Finance (continued) |
| Synchrony Financial | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32515 | &nbsp;&nbsp;$1194276 |
|  |  | &nbsp;&nbsp;**$2273211** |
| Containers & Packaging — 0.4% | Containers & Packaging — 0.4% | Containers & Packaging — 0.4% |
| Avery Dennison Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5624 | &nbsp;&nbsp;$1065410 |
| Packaging Corp. of America | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5963 | &nbsp;&nbsp;&nbsp;&nbsp; 850920 |
| Sealed Air Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14789 | &nbsp;&nbsp;&nbsp;&nbsp; 809846 |
|  |  | &nbsp;&nbsp;**$2726176** |
| Distributors — 0.2% | Distributors — 0.2% | Distributors — 0.2% |
| LKQ Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19666 | &nbsp;&nbsp;$1159507 |
|  |  | &nbsp;&nbsp;**$1159507** |
| Diversified Financial Services — 1.0% | Diversified Financial Services — 1.0% | Diversified Financial Services — 1.0% |
| Berkshire Hathaway, Inc., Class B<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22411 | &nbsp;&nbsp;$6981475 |
|  |  | &nbsp;&nbsp;**$6981475** |
| Diversified Telecommunication Services — 0.3% | Diversified Telecommunication Services — 0.3% | Diversified Telecommunication Services — 0.3% |
| AT&T, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55256 | &nbsp;&nbsp;$1125565 |
| Verizon Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25612 | &nbsp;&nbsp;&nbsp;&nbsp; 1064691 |
|  |  | &nbsp;&nbsp;**$2190256** |
| Electric Utilities — 1.1% | Electric Utilities — 1.1% | Electric Utilities — 1.1% |
| Alliant Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17071 | &nbsp;&nbsp;$922346 |
| Duke Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14705 | &nbsp;&nbsp;&nbsp;&nbsp; 1506527 |
| Entergy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9047 | &nbsp;&nbsp;&nbsp;&nbsp; 979609 |
| Evergy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15391 | &nbsp;&nbsp;&nbsp;&nbsp; 964246 |
| FirstEnergy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16698 | &nbsp;&nbsp;&nbsp;&nbsp; 683783 |
| NextEra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30946 | &nbsp;&nbsp;&nbsp;&nbsp; 2309500 |
| Pinnacle West Capital Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6846 | &nbsp;&nbsp;&nbsp;&nbsp; 510370 |
|  |  | &nbsp;&nbsp;**$7876381** |
| Electrical Equipment — 0.2% | Electrical Equipment — 0.2% | Electrical Equipment — 0.2% |
| Eaton Corp. PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10711 | &nbsp;&nbsp;$1737431 |
|  |  | &nbsp;&nbsp;**$1737431** |
| Electronic Equipment, Instruments & Components — 0.2% | Electronic Equipment, Instruments & Components — 0.2% | Electronic Equipment, Instruments & Components — 0.2% |
| TE Connectivity, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10891 | &nbsp;&nbsp;$1384791 |
|  |  | &nbsp;&nbsp;**$1384791** |
| Energy Equipment & Services — 0.0%<sup>(2)</sup> | Energy Equipment & Services — 0.0%<sup>(2)</sup> | Energy Equipment & Services — 0.0%<sup>(2)</sup> |
| Baker Hughes Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3438 | &nbsp;&nbsp;$109122 |
|  |  | &nbsp;&nbsp;**$109122** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Entertainment — 0.4% | Entertainment — 0.4% | Entertainment — 0.4% |
| Netflix, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6248 | &nbsp;&nbsp;$2210917 |
| Walt Disney Co. (The)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6082 | &nbsp;&nbsp;&nbsp;&nbsp; 659836 |
|  |  | &nbsp;&nbsp;**$2870753** |
| Equity Real Estate Investment Trusts (REITs) — 1.4% | Equity Real Estate Investment Trusts (REITs) — 1.4% | Equity Real Estate Investment Trusts (REITs) — 1.4% |
| Alexandria Real Estate Equities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7178 | &nbsp;&nbsp;$1153792 |
| American Tower Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8985 | &nbsp;&nbsp;&nbsp;&nbsp; 2007159 |
| Equity Residential | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15400 | &nbsp;&nbsp;&nbsp;&nbsp; 980210 |
| Extra Space Storage, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5931 | &nbsp;&nbsp;&nbsp;&nbsp; 936090 |
| Healthpeak Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33638 | &nbsp;&nbsp;&nbsp;&nbsp; 924372 |
| Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6765 | &nbsp;&nbsp;&nbsp;&nbsp; 1127861 |
| ProLogis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10251 | &nbsp;&nbsp;&nbsp;&nbsp; 1325249 |
| Public Storage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4682 | &nbsp;&nbsp;&nbsp;&nbsp; 1424920 |
|  |  | &nbsp;&nbsp;**$9879653** |
| Food & Staples Retailing — 1.0% | Food & Staples Retailing — 1.0% | Food & Staples Retailing — 1.0% |
| Costco Wholesale Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6395 | &nbsp;&nbsp;$3268740 |
| Kroger Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23840 | &nbsp;&nbsp;&nbsp;&nbsp; 1063979 |
| Walmart, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17918 | &nbsp;&nbsp;&nbsp;&nbsp; 2577863 |
|  |  | &nbsp;&nbsp;**$6910582** |
| Food Products — 0.5% | Food Products — 0.5% | Food Products — 0.5% |
| Campbell Soup Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17201 | &nbsp;&nbsp;$893248 |
| Conagra Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30742 | &nbsp;&nbsp;&nbsp;&nbsp; 1143295 |
| Hormel Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12658 | &nbsp;&nbsp;&nbsp;&nbsp; 573534 |
| McCormick & Co., Inc., Non Voting Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10622 | &nbsp;&nbsp;&nbsp;&nbsp; 797925 |
|  |  | &nbsp;&nbsp;**$3408002** |
| Health Care Equipment & Supplies — 1.3% | Health Care Equipment & Supplies — 1.3% | Health Care Equipment & Supplies — 1.3% |
| Abbott Laboratories | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22414 | &nbsp;&nbsp;$2477868 |
| Boston Scientific Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34345 | &nbsp;&nbsp;&nbsp;&nbsp; 1588456 |
| Cooper Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3026 | &nbsp;&nbsp;&nbsp;&nbsp; 1055862 |
| IDEXX Laboratories, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3057 | &nbsp;&nbsp;&nbsp;&nbsp; 1468889 |
| Intuitive Surgical, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7071 | &nbsp;&nbsp;&nbsp;&nbsp; 1737274 |
| Medtronic PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11119 | &nbsp;&nbsp;&nbsp;&nbsp; 930549 |
|  |  | &nbsp;&nbsp;**$9258898** |
| Health Care Providers & Services — 1.6% | Health Care Providers & Services — 1.6% | Health Care Providers & Services — 1.6% |
| AmerisourceBergen Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7142 | &nbsp;&nbsp;$1206712 |
| Centene Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13966 | &nbsp;&nbsp;&nbsp;&nbsp; 1064768 |
| CVS Health Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2965 | &nbsp;&nbsp;&nbsp;&nbsp; 261572 |
| DaVita, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10524 | &nbsp;&nbsp;&nbsp;&nbsp; 867072 |
| Humana, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2205 | &nbsp;&nbsp;&nbsp;&nbsp; 1128299 |

---

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) |
| Quest Diagnostics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7345 | &nbsp;&nbsp;$1090586 |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11791 | &nbsp;&nbsp;&nbsp;&nbsp; 5885949 |
|  |  | &nbsp;&nbsp;**$11504958** |
| Hotels, Restaurants & Leisure — 1.0% | Hotels, Restaurants & Leisure — 1.0% | Hotels, Restaurants & Leisure — 1.0% |
| Expedia Group, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9477 | &nbsp;&nbsp;$1083221 |
| McDonald's Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9679 | &nbsp;&nbsp;&nbsp;&nbsp; 2588165 |
| Starbucks Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21637 | &nbsp;&nbsp;&nbsp;&nbsp; 2361462 |
| Wynn Resorts, Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10917 | &nbsp;&nbsp;&nbsp;&nbsp; 1131438 |
|  |  | &nbsp;&nbsp;**$7164286** |
| Household Durables — 0.2% | Household Durables — 0.2% | Household Durables — 0.2% |
| Leggett & Platt, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2890 | &nbsp;&nbsp;$105658 |
| Lennar Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13510 | &nbsp;&nbsp;&nbsp;&nbsp; 1383424 |
|  |  | &nbsp;&nbsp;**$1489082** |
| Household Products — 0.7% | Household Products — 0.7% | Household Products — 0.7% |
| Clorox Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5533 | &nbsp;&nbsp;$800570 |
| Procter & Gamble Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31813 | &nbsp;&nbsp;&nbsp;&nbsp; 4529535 |
|  |  | &nbsp;&nbsp;**$5330105** |
| Industrial Conglomerates — 0.4% | Industrial Conglomerates — 0.4% | Industrial Conglomerates — 0.4% |
| Honeywell International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12426 | &nbsp;&nbsp;$2590572 |
|  |  | &nbsp;&nbsp;**$2590572** |
| Insurance — 1.1% | Insurance — 1.1% | Insurance — 1.1% |
| Arthur J. Gallagher & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7052 | &nbsp;&nbsp;$1380217 |
| Assurant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6011 | &nbsp;&nbsp;&nbsp;&nbsp; 796999 |
| Everest Re Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2219 | &nbsp;&nbsp;&nbsp;&nbsp; 775962 |
| Globe Life, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7099 | &nbsp;&nbsp;&nbsp;&nbsp; 857914 |
| Lincoln National Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7905 | &nbsp;&nbsp;&nbsp;&nbsp; 280074 |
| Progressive Corp. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13267 | &nbsp;&nbsp;&nbsp;&nbsp; 1808956 |
| Unum Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46346 | &nbsp;&nbsp;&nbsp;&nbsp; 1947922 |
|  |  | &nbsp;&nbsp;**$7848044** |
| Interactive Media & Services — 2.2% | Interactive Media & Services — 2.2% | Interactive Media & Services — 2.2% |
| Alphabet, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71060 | &nbsp;&nbsp;$7023570 |
| Alphabet, Inc., Class C<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60670 | &nbsp;&nbsp;&nbsp;&nbsp; 6059113 |
| Meta Platforms, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18603 | &nbsp;&nbsp;&nbsp;&nbsp; 2771289 |
|  |  | &nbsp;&nbsp;**$15853972** |
| Internet & Direct Marketing Retail — 1.5% | Internet & Direct Marketing Retail — 1.5% | Internet & Direct Marketing Retail — 1.5% |
| Amazon.com, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99047 | &nbsp;&nbsp;$10214717 |
| eBay, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14642 | &nbsp;&nbsp;&nbsp;&nbsp; 724779 |
|  |  | &nbsp;&nbsp;**$10939496** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| IT Services — 2.3% | IT Services — 2.3% | IT Services — 2.3% |
| Accenture PLC, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9987 | &nbsp;&nbsp;$2786872 |
| EPAM Systems, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2504 | &nbsp;&nbsp;&nbsp;&nbsp; 832956 |
| FleetCor Technologies, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5505 | &nbsp;&nbsp;&nbsp;&nbsp; 1149499 |
| Global Payments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3626 | &nbsp;&nbsp;&nbsp;&nbsp; 408723 |
| International Business Machines Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3604 | &nbsp;&nbsp;&nbsp;&nbsp; 485567 |
| Mastercard, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12486 | &nbsp;&nbsp;&nbsp;&nbsp; 4627311 |
| PayPal Holdings, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14161 | &nbsp;&nbsp;&nbsp;&nbsp; 1153980 |
| Visa, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22785 | &nbsp;&nbsp;&nbsp;&nbsp; 5245335 |
|  |  | &nbsp;&nbsp;**$16690243** |
| Life Sciences Tools & Services — 1.2% | Life Sciences Tools & Services — 1.2% | Life Sciences Tools & Services — 1.2% |
| Danaher Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9993 | &nbsp;&nbsp;$2641949 |
| IQVIA Holdings, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6039 | &nbsp;&nbsp;&nbsp;&nbsp; 1385407 |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5748 | &nbsp;&nbsp;&nbsp;&nbsp; 3278257 |
| Waters Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3206 | &nbsp;&nbsp;&nbsp;&nbsp; 1053428 |
|  |  | &nbsp;&nbsp;**$8359041** |
| Machinery — 0.6% | Machinery — 0.6% | Machinery — 0.6% |
| Flowserve Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2794 | &nbsp;&nbsp;$96170 |
| Ingersoll Rand, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4392 | &nbsp;&nbsp;&nbsp;&nbsp; 245952 |
| PACCAR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13813 | &nbsp;&nbsp;&nbsp;&nbsp; 1509899 |
| Pentair PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5259 | &nbsp;&nbsp;&nbsp;&nbsp; 291243 |
| Stanley Black & Decker, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8782 | &nbsp;&nbsp;&nbsp;&nbsp; 784320 |
| Westinghouse Air Brake Technologies Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11900 | &nbsp;&nbsp;&nbsp;&nbsp; 1235339 |
|  |  | &nbsp;&nbsp;**$4162923** |
| Media — 0.7% | Media — 0.7% | Media — 0.7% |
| Comcast Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61260 | &nbsp;&nbsp;$2410581 |
| DISH Network Corp., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36264 | &nbsp;&nbsp;&nbsp;&nbsp; 521839 |
| Omnicom Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15747 | &nbsp;&nbsp;&nbsp;&nbsp; 1354085 |
| Paramount Global, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40540 | &nbsp;&nbsp;&nbsp;&nbsp; 938906 |
|  |  | &nbsp;&nbsp;**$5225411** |
| Metals & Mining — 0.3% | Metals & Mining — 0.3% | Metals & Mining — 0.3% |
| Freeport-McMoRan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43625 | &nbsp;&nbsp;$1946547 |
|  |  | &nbsp;&nbsp;**$1946547** |
| Multiline Retail — 0.1% | Multiline Retail — 0.1% | Multiline Retail — 0.1% |
| Kohl's Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25362 | &nbsp;&nbsp;$820968 |
|  |  | &nbsp;&nbsp;**$820968** |
| Multi-Utilities — 0.3% | Multi-Utilities — 0.3% | Multi-Utilities — 0.3% |
| CMS Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16513 | &nbsp;&nbsp;$1043456 |
| WEC Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11345 | &nbsp;&nbsp;&nbsp;&nbsp; 1066317 |
|  |  | &nbsp;&nbsp;**$2109773** |

---

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Oil, Gas & Consumable Fuels — 2.6% | Oil, Gas & Consumable Fuels — 2.6% | Oil, Gas & Consumable Fuels — 2.6% |
| APA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26833 | &nbsp;&nbsp;$1189507 |
| Chevron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23279 | &nbsp;&nbsp;&nbsp;&nbsp; 4051011 |
| ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2759 | &nbsp;&nbsp;&nbsp;&nbsp; 336239 |
| Devon Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19416 | &nbsp;&nbsp;&nbsp;&nbsp; 1227868 |
| EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13580 | &nbsp;&nbsp;&nbsp;&nbsp; 1795955 |
| Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52082 | &nbsp;&nbsp;&nbsp;&nbsp; 6042033 |
| HF Sinclair Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23402 | &nbsp;&nbsp;&nbsp;&nbsp; 1331574 |
| Marathon Oil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40551 | &nbsp;&nbsp;&nbsp;&nbsp; 1113936 |
| ONEOK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18990 | &nbsp;&nbsp;&nbsp;&nbsp; 1300435 |
|  |  | &nbsp;&nbsp;**$18388558** |
| Pharmaceuticals — 2.4% | Pharmaceuticals — 2.4% | Pharmaceuticals — 2.4% |
| Bristol-Myers Squibb Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22871 | &nbsp;&nbsp;$1661578 |
| Eli Lilly & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11288 | &nbsp;&nbsp;&nbsp;&nbsp; 3884765 |
| Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33196 | &nbsp;&nbsp;&nbsp;&nbsp; 5424890 |
| Merck & Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26997 | &nbsp;&nbsp;&nbsp;&nbsp; 2899748 |
| Pfizer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68667 | &nbsp;&nbsp;&nbsp;&nbsp; 3032335 |
|  |  | &nbsp;&nbsp;**$16903316** |
| Professional Services — 0.3% | Professional Services — 0.3% | Professional Services — 0.3% |
| Jacobs Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8461 | &nbsp;&nbsp;$1045357 |
| Verisk Analytics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6552 | &nbsp;&nbsp;&nbsp;&nbsp; 1191088 |
|  |  | &nbsp;&nbsp;**$2236445** |
| Road & Rail — 0.5% | Road & Rail — 0.5% | Road & Rail — 0.5% |
| J.B. Hunt Transport Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5898 | &nbsp;&nbsp;$1115017 |
| Union Pacific Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10795 | &nbsp;&nbsp;&nbsp;&nbsp; 2204231 |
|  |  | &nbsp;&nbsp;**$3319248** |
| Semiconductors & Semiconductor Equipment — 3.0% | Semiconductors & Semiconductor Equipment — 3.0% | Semiconductors & Semiconductor Equipment — 3.0% |
| Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6294 | &nbsp;&nbsp;$3682053 |
| First Solar, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4279 | &nbsp;&nbsp;&nbsp;&nbsp; 759950 |
| Intel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41145 | &nbsp;&nbsp;&nbsp;&nbsp; 1162758 |
| KLA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4203 | &nbsp;&nbsp;&nbsp;&nbsp; 1649593 |
| NVIDIA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34678 | &nbsp;&nbsp;&nbsp;&nbsp; 6775041 |
| Qorvo, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6352 | &nbsp;&nbsp;&nbsp;&nbsp; 690208 |
| QUALCOMM, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18464 | &nbsp;&nbsp;&nbsp;&nbsp; 2459590 |
| SolarEdge Technologies, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1760 | &nbsp;&nbsp;&nbsp;&nbsp; 561669 |
| Teradyne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6334 | &nbsp;&nbsp;&nbsp;&nbsp; 644168 |
| Texas Instruments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15104 | &nbsp;&nbsp;&nbsp;&nbsp; 2676580 |
|  |  | &nbsp;&nbsp;**$21061610** |
| Software — 4.3% | Software — 4.3% | Software — 4.3% |
| Adobe, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7575 | &nbsp;&nbsp;$2805326 |
| Cadence Design Systems, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3490 | &nbsp;&nbsp;&nbsp;&nbsp; 638077 |
| Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5235 | &nbsp;&nbsp;&nbsp;&nbsp; 2212677 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Software (continued) | Software (continued) | Software (continued) |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83998 | &nbsp;&nbsp;$20815544 |
| Oracle Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29281 | &nbsp;&nbsp;&nbsp;&nbsp; 2590197 |
| Salesforce, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10444 | &nbsp;&nbsp;&nbsp;&nbsp; 1754279 |
|  |  | &nbsp;&nbsp;**$30816100** |
| Specialty Retail — 1.2% | Specialty Retail — 1.2% | Specialty Retail — 1.2% |
| Advance Auto Parts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5517 | &nbsp;&nbsp;$840129 |
| Bath & Body Works, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20278 | &nbsp;&nbsp;&nbsp;&nbsp; 932991 |
| Home Depot, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13992 | &nbsp;&nbsp;&nbsp;&nbsp; 4535786 |
| Lowe's Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7523 | &nbsp;&nbsp;&nbsp;&nbsp; 1566665 |
| Ross Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5254 | &nbsp;&nbsp;&nbsp;&nbsp; 620970 |
| Victoria's Secret & Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7225 | &nbsp;&nbsp;&nbsp;&nbsp; 304534 |
|  |  | &nbsp;&nbsp;**$8801075** |
| Technology Hardware, Storage & Peripherals — 3.4% | Technology Hardware, Storage & Peripherals — 3.4% | Technology Hardware, Storage & Peripherals — 3.4% |
| Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;168859 | &nbsp;&nbsp;$24364665 |
| Xerox Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4728 | &nbsp;&nbsp;&nbsp;&nbsp; 77445 |
|  |  | &nbsp;&nbsp;**$24442110** |
| Textiles, Apparel & Luxury Goods — 0.4% | Textiles, Apparel & Luxury Goods — 0.4% | Textiles, Apparel & Luxury Goods — 0.4% |
| NIKE, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18161 | &nbsp;&nbsp;$2312440 |
| Ralph Lauren Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3952 | &nbsp;&nbsp;&nbsp;&nbsp; 489455 |
| Under Armour, Inc., Class C<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24947 | &nbsp;&nbsp;&nbsp;&nbsp; 271923 |
|  |  | &nbsp;&nbsp;**$3073818** |
| Tobacco — 0.4% | Tobacco — 0.4% | Tobacco — 0.4% |
| Philip Morris International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25165 | &nbsp;&nbsp;$2623200 |
|  |  | &nbsp;&nbsp;**$2623200** |
| Trading Companies & Distributors — 0.3% | Trading Companies & Distributors — 0.3% | Trading Companies & Distributors — 0.3% |
| Fastenal Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13915 | &nbsp;&nbsp;$703403 |
| W.W. Grainger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1959 | &nbsp;&nbsp;&nbsp;&nbsp; 1154792 |
|  |  | &nbsp;&nbsp;**$1858195** |
| Water Utilities — 0.1% | Water Utilities — 0.1% | Water Utilities — 0.1% |
| American Water Works Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5314 | &nbsp;&nbsp;$831588 |
|  |  | &nbsp;&nbsp;**$831588** |
| Wireless Telecommunication Services — 0.2% | Wireless Telecommunication Services — 0.2% | Wireless Telecommunication Services — 0.2% |
| T-Mobile US, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10598 | &nbsp;&nbsp;$1582387 |
|  |  | &nbsp;&nbsp;**$1582387** |
| Total Common Stocks<br> (identified cost $207,196,428) |  | &nbsp;&nbsp;**$367053025** |

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Portfolio of Investments — continued

------

Short-Term Investments — 48.9%

Affiliated Fund — 5.8%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.14%<sup>(3)</sup> | 41696705 | &nbsp;&nbsp;$41696705 |
| Total Affiliated Fund<br> (identified cost $41,696,705) |  | &nbsp;&nbsp;**$41696705** |

---

U.S. Treasury Obligations — 43.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal <br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 2/7/23 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9390 | &nbsp;&nbsp;$9383513 |
| &nbsp;&nbsp;&nbsp;0.00%, 2/16/23<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30048 | &nbsp;&nbsp;&nbsp;&nbsp; 29994257 |
| &nbsp;&nbsp;&nbsp;0.00%, 2/23/23<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17952 | &nbsp;&nbsp;&nbsp;&nbsp; 17903208 |
| &nbsp;&nbsp;&nbsp;0.00%, 3/9/23<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41518 | &nbsp;&nbsp;&nbsp;&nbsp; 41332725 |
| &nbsp;&nbsp;&nbsp;0.00%, 3/23/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18392 | &nbsp;&nbsp;&nbsp;&nbsp; 18278583 |
| &nbsp;&nbsp;&nbsp;0.00%, 4/6/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1388875 |
| &nbsp;&nbsp;&nbsp;0.00%, 4/11/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9390 | &nbsp;&nbsp;&nbsp;&nbsp; 9309889 |
| &nbsp;&nbsp;&nbsp;0.00%, 4/20/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7910 | &nbsp;&nbsp;&nbsp;&nbsp; 7832353 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/18/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22715 | &nbsp;&nbsp;&nbsp;&nbsp; 22413358 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/15/23<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16450 | &nbsp;&nbsp;&nbsp;&nbsp; 16174845 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/29/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1373745 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/13/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15560 | &nbsp;&nbsp;&nbsp;&nbsp; 15239834 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/10/23<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16450 | &nbsp;&nbsp;&nbsp;&nbsp; 16053886 |
| U.S. Treasury Notes: |  |  |
| &nbsp;&nbsp;&nbsp;0.125%, 5/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4080 | &nbsp;&nbsp;&nbsp;&nbsp; 4027463 |
| &nbsp;&nbsp;&nbsp;0.125%, 5/31/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8110 | &nbsp;&nbsp;&nbsp;&nbsp; 7989746 |
| &nbsp;&nbsp;&nbsp;0.125%, 7/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9390 | &nbsp;&nbsp;&nbsp;&nbsp; 9195435 |
| &nbsp;&nbsp;&nbsp;0.25%, 4/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;&nbsp; 17146179 |
| &nbsp;&nbsp;&nbsp;1.625%, 4/30/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6470 | &nbsp;&nbsp;&nbsp;&nbsp; 6421195 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal <br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Notes: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;1.625%, 5/31/23 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16450 | &nbsp;&nbsp;$16281644 |
| &nbsp;&nbsp;&nbsp;1.75%, 5/15/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14355 | &nbsp;&nbsp;&nbsp;&nbsp; 14232398 |
| &nbsp;&nbsp;&nbsp;2.625%, 2/28/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11500 | &nbsp;&nbsp;&nbsp;&nbsp; 11482791 |
| &nbsp;&nbsp;&nbsp;2.625%, 6/30/23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14160 | &nbsp;&nbsp;&nbsp;&nbsp; 14043022 |
| Total U.S. Treasury Obligations<br> (identified cost $308,685,449) |  | &nbsp;&nbsp;**$307498944** |
| Total Short-Term Investments<br> (identified cost $350,382,154) |  | &nbsp;&nbsp;**$349195649** |
| Total Investments — 100.4%<br> (identified cost $557,578,582) |  | &nbsp;&nbsp;**$716248674** |
| Total Written Options — (0.4)%<br> (premiums received $2,799,692) |  | &nbsp;&nbsp;**$(3014025)** |
| Other Assets, Less Liabilities — 0.0%<sup>(2)</sup> |  | &nbsp;&nbsp;**$265000** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$713499649** |

---

---

| | |
|:---|:---|
| 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> | Amount is less than 0.05%. |
| <sup>(3)</sup> | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of January 31, 2023. |
| <sup>(4)</sup> | Security (or a portion thereof) has been pledged as collateral for written options. |
| <sup>(5)</sup> | All or a portion of this security was on loan at January 31, 2023. The aggregate market value of securities on loan at January 31, 2023 was $19,619,465. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Written Call Options (Exchange-Traded) — (0.3)%** |  |  |  |  |  |
| **Description** | &nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Exercise <br> Price** | &nbsp;&nbsp;**Expiration <br> Date** | &nbsp;&nbsp;**Value** |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;$28536200 | &nbsp;&nbsp;$4060 | &nbsp;&nbsp; 2/1/23 | &nbsp;&nbsp;$(243600) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;4075 | &nbsp;&nbsp; 2/1/23 | &nbsp;&nbsp; (183750) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;4070 | &nbsp;&nbsp; 2/3/23 | &nbsp;&nbsp; (319550) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;4150 | &nbsp;&nbsp; 2/3/23 | &nbsp;&nbsp; (89950) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;4140 | &nbsp;&nbsp; 2/6/23 | &nbsp;&nbsp; (120750) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;4150 | &nbsp;&nbsp; 2/6/23 | &nbsp;&nbsp; (106750) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp; 2/8/23 | &nbsp;&nbsp; (271600) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;4190 | &nbsp;&nbsp;2/10/23 | &nbsp;&nbsp; (87850) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;4150 | &nbsp;&nbsp;2/13/23 | &nbsp;&nbsp; (170100) |

---

*11*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Portfolio of Investments — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Written Call Options (Exchange-Traded) (continued)** |  |  |  |  |  |
| **Description** | &nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Exercise <br> Price** | &nbsp;&nbsp;**Expiration <br> Date** | &nbsp;&nbsp;**Value** |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;$28536200 | &nbsp;&nbsp;$4095 | &nbsp;&nbsp;2/17/23 | &nbsp;&nbsp;$(407750) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;4150 | &nbsp;&nbsp;2/22/23 | &nbsp;&nbsp; (259700) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;4190 | &nbsp;&nbsp;2/27/23 | &nbsp;&nbsp; (185850) |
| **Total** |  |  |  |  | &nbsp;&nbsp;**$(2447200)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Written Put Options (Exchange-Traded) — (0.1)%** |  |  |  |  |  |
| **Description** | &nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;**Notional <br> Amount** | &nbsp;&nbsp;**Exercise <br> Price** | &nbsp;&nbsp;**Expiration <br> Date** | &nbsp;&nbsp;**Value** |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;$28536200 | &nbsp;&nbsp;$3950 | &nbsp;&nbsp; 2/3/23 | &nbsp;&nbsp;$(52500) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp; 2/6/23 | &nbsp;&nbsp; (29400) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;3925 | &nbsp;&nbsp; 2/6/23 | &nbsp;&nbsp; (45850) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;3760 | &nbsp;&nbsp; 2/8/23 | &nbsp;&nbsp; (8925) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;3945 | &nbsp;&nbsp;2/10/23 | &nbsp;&nbsp;(109200) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;3825 | &nbsp;&nbsp;2/13/23 | &nbsp;&nbsp; (36400) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;2/17/23 | &nbsp;&nbsp; (43750) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;3850 | &nbsp;&nbsp;2/22/23 | &nbsp;&nbsp;(108150) |
| S&P 500 Index | &nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;28536200 | &nbsp;&nbsp;&nbsp;&nbsp;3850 | &nbsp;&nbsp;2/27/23 | &nbsp;&nbsp;(132650) |
| **Total** |  |  |  |  | &nbsp;&nbsp;**$(566825)** |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Statement of Assets and Liabilities

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**January 31, 2023** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $515,881,877) — including $19,619,465 of securities on loan | &nbsp;&nbsp;$674551969 |
| Affiliated investment, at value (identified cost $41,696,705) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41696705 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316140 |
| Interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622050 |
| Dividends receivable from affiliated investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50987 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341554 |
| Securities lending income receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9359 |
| **Total assets** | &nbsp;&nbsp;**$717588764** |
| Liabilities |  |
| Written options outstanding, at value (premiums received $2,799,692) | &nbsp;&nbsp;&nbsp;&nbsp;$3014025 |
| Payable for Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568128 |
| Payable to affiliate: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment adviser and administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237256 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269706 |
| **Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;**$4089115** |
| **Net Assets** | &nbsp;&nbsp;**$713499649** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$547659062 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;165840587 |
| **Net Assets** | &nbsp;&nbsp;**$713499649** |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$713499649 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56300595 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12.67 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Statement of Operations

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended** |
|  | &nbsp;&nbsp;&nbsp;**January 31, 2023** |
| Investment Income |  |
| Dividend income | &nbsp;&nbsp;&nbsp;$6503388 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428759 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4841795 |
| Securities lending income, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274741 |
| **Total investment income** | &nbsp;&nbsp;**$12048683** |
| Expenses |  |
| Investment adviser and administration fee | &nbsp;&nbsp;&nbsp;$3168274 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51024 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219922 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275259 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72654 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17605 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38225 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30481 |
| **Total expenses** | &nbsp;&nbsp;&nbsp;**$3873444** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$22733 |
| **Total expense reductions** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$22733** |
| **Net expenses** | &nbsp;&nbsp;&nbsp;**$3850711** |
| **Net investment income** | &nbsp;&nbsp;&nbsp;**$8197972** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$27680693 |
| &nbsp;&nbsp;&nbsp;Investment transactions - affiliated investment | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16676888 |
| **Net realized gain** | &nbsp;&nbsp;**$44357956** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$(75785870) |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498696 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(75287174)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(30929218)** |
| **Net decrease in net assets from operations** | &nbsp;&nbsp;**$(22731246)** |

---

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
|  | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;$8197972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2989456 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44357956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84511532 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75287174) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54320150 |
| **Net increase (decrease) in net assets from operations** | &nbsp;&nbsp;**$(22731246)** | &nbsp;&nbsp;&nbsp;**$141821138** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;$(51738046) | &nbsp;&nbsp;&nbsp;&nbsp;$(12053271) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(51738046)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(12053271)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;$(183513913) | &nbsp;&nbsp;$(205636471) |
| **Net decrease in net assets from Fund share transactions** | &nbsp;&nbsp;**$(183513913)** | &nbsp;&nbsp;**$(205636471)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(257983205)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(75868604)** |
| Net Assets |  |  |
| At beginning of year | &nbsp;&nbsp;$971482854 | &nbsp;&nbsp;$1047351458 |
| **At end of year** | &nbsp;&nbsp;**$713499649** | &nbsp;&nbsp;&nbsp;**$971482854** |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Financial Highlights

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** | &nbsp;&nbsp;&nbsp;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
| | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** | &nbsp;&nbsp;&nbsp;**2020** | &nbsp;&nbsp;&nbsp;**2019** |
| Net asset value — Beginning of year | &nbsp;&nbsp;$14.000 | &nbsp;&nbsp;$12.410 | &nbsp;&nbsp;&nbsp;&nbsp;$11.940 | &nbsp;&nbsp;$10.830 | &nbsp;&nbsp;$11.020 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;$0.138 | &nbsp;&nbsp;&nbsp;&nbsp;$0.040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0.103 | &nbsp;&nbsp;&nbsp;&nbsp;$0.188 | &nbsp;&nbsp;&nbsp;&nbsp;$0.165 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.496) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.226) |
| **Total income (loss) from operations** | &nbsp;&nbsp;&nbsp;**$(0.358)** | &nbsp;&nbsp;&nbsp;&nbsp;**$1.767** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$0.563** | &nbsp;&nbsp;&nbsp;&nbsp;**$1.257** | &nbsp;&nbsp;&nbsp;**$(0.061)** |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;&nbsp;$(0.115) | &nbsp;&nbsp;&nbsp;$(0.044) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(0.093) | &nbsp;&nbsp;&nbsp;$(0.147) | &nbsp;&nbsp;&nbsp;$(0.129) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.857) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.133) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;&nbsp;**$(0.972)** | &nbsp;&nbsp;&nbsp;**$(0.177)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(0.093)** | &nbsp;&nbsp;&nbsp;**$(0.147)** | &nbsp;&nbsp;&nbsp;**$(0.129)** |
| **Net asset value — End of year** | &nbsp;&nbsp;**$12.670** | &nbsp;&nbsp;**$14.000** | &nbsp;&nbsp;&nbsp;&nbsp;**$12.410** | &nbsp;&nbsp;**$11.940** | &nbsp;&nbsp;**$10.830** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.26)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.22%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.73%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.62%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.55)%** |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;$713500 | &nbsp;&nbsp;$971483 | &nbsp;&nbsp;$1047351 | &nbsp;&nbsp;$767121 | &nbsp;&nbsp;$439658 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49% <sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.47% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.48% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.52% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.04% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(3)</sup> Includes a reduction by the investment adviser of a portion of its adviser and administration fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended January 31, 2023).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Notes to Financial Statements

------

1 Significant Accounting Policies

Parametric Volatility Risk Premium - Defensive Fund (the Fund) is a diversified series of Eaton Vance Mutual Funds Trust (the Trust). The Trust is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company. The Fund's investment objective is total return. The Fund offers Class I (renamed from Institutional Class effective April 29, 2022) shares, which are sold at net asset value and are not subject to a sales charge.

The following is a summary of significant accounting policies of the Fund. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Fund is an investment company and follows accounting and reporting guidance in the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946.

A Investment Valuation—The following methodologies are used to determine the market value or fair value of investments.

**Equity Securities. Equity securities listed on a U.S. securities exchange generally are valued at the last sale or closing price on the day of valuation or, if no sales took place on such date, at the mean between the closing bid and ask prices on the exchange where such securities are principally traded. Equity securities listed on the NASDAQ National Market System are valued at the NASDAQ official closing price. Unlisted or listed securities for which closing sales prices or closing quotations are not available are valued at the mean between the latest available bid and ask prices.**

**Debt Obligations. Debt obligations are generally valued on the basis of valuations provided by third party pricing services, as derived from such services' pricing models. Inputs to the models may include, but are not limited to, reported trades, executable bid and ask prices, broker/dealer quotations, prices or yields of securities with similar characteristics, interest rates, anticipated prepayments, benchmark curves or information pertaining to the issuer, as well as industry and economic events. The pricing services may use a matrix approach, which considers information regarding securities with similar characteristics to determine the valuation for a security. Short-term debt obligations purchased with a remaining maturity of sixty days or less for which a valuation from a third party pricing service is not readily available may be valued at amortized cost, which approximates fair value.**

**Derivatives. U.S. exchange-traded options are valued at the mean between the bid and ask prices at valuation time as reported by the Options Price Reporting Authority. Non-U.S. exchange-traded options and over-the-counter options are valued by a third party pricing service using techniques that consider factors including the value of the underlying instrument, the volatility of the underlying instrument and the period of time until option expiration.**

**Other. Investments in management investment companies (including money market funds) that do not trade on an exchange are valued at the net asset value as of the close of each business day.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Fund's investment adviser as its valuation designee. Investments for which valuations or market quotations are not readily available or are deemed unreliable are valued by the investment adviser, as valuation designee, at fair value using methods that most fairly reflect the security's "fair value", which is the amount that the Fund might reasonably expect to receive for the security upon its current sale in the ordinary course. Each such determination is based on a consideration of relevant factors, which are likely to vary from one pricing context to another. These factors may include, but are not limited to, the type of security, the existence of any contractual restrictions on the security's disposition, the price and extent of public trading in similar securities of the issuer or of comparable companies or entities, quotations or relevant information obtained from broker/dealers or other market participants, information obtained from the issuer, analysts, and/or the appropriate stock exchange (for exchange-traded securities), an analysis of the company's or entity's financial statements, and an evaluation of the forces that influence the issuer and the market(s) in which the security is purchased and sold.**

B Investment Transactions—Investment transactions for financial statement purposes are accounted for on a trade date basis. Realized gains and losses on investments sold are determined on the basis of identified cost.

C Income—Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. However, if the ex-dividend date has passed, certain dividends from foreign securities are recorded as the Fund is informed of the ex-dividend date. Withholding taxes on foreign dividends and capital gains have been provided for in accordance with the Fund's understanding of the applicable countries' tax rules and rates. Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount.

D Federal Taxes—The Fund's policy is to comply with the provisions of the Internal Revenue Code applicable to regulated investment companies and to distribute to shareholders each year substantially all of its net investment income, and all or substantially all of its net realized capital gains. Accordingly, no provision for federal income or excise tax is necessary.

As of January 31, 2023, the Fund had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Fund files a U.S. federal income tax return annually after its fiscal year-end, which is subject to examination by the Internal Revenue Service for a period of three years from the date of filing.

E Expenses—The majority of expenses of the Trust are directly identifiable to an individual fund. Expenses which are not readily identifiable to a specific fund are allocated taking into consideration, among other things, the nature and type of expense and the relative size of the funds.

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Notes to Financial Statements — continued

------

F Use of Estimates—The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. Actual results could differ from those estimates.

G Indemnifications—Under the Trust's organizational documents, its officers and Trustees may be indemnified against certain liabilities and expenses arising out of the performance of their duties to the Fund. Under Massachusetts law, if certain conditions prevail, shareholders of a Massachusetts business trust (such as the Trust) could be deemed to have personal liability for the obligations of the Trust. However, the Trust's Declaration of Trust contains an express disclaimer of liability on the part of Fund shareholders and the By-laws provide that the Trust shall assume, upon request by the shareholder, the defense on behalf of any Fund shareholders. Moreover, the By-laws also provide for indemnification out of Fund property of any shareholder held personally liable solely by reason of being or having been a shareholder for all loss or expense arising from such liability. Additionally, in the normal course of business, the Fund enters into agreements with service providers that may contain indemnification clauses. The Fund's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund that have not yet occurred.

H Written Options—Upon the writing of a call or a put option, the premium received by the Fund is included in the Statement of Assets and Liabilities as a liability. The amount of the liability is subsequently marked-to-market to reflect the current market value of the option written, in accordance with the Fund's policies on investment valuations discussed above. Premiums received from writing options which expire are treated as realized gains. Premiums received from writing options which are exercised or are closed are added to or offset against the proceeds or amount paid on the transaction to determine the realized gain or loss. When an index option is exercised, the Fund is required to deliver an amount of cash determined by the excess of the exercise price of the option over the value of the index (in the case of a put) or the excess of the value of the index over the exercise price of the option (in the case of a call) at contract termination. If a put option on a security is exercised, the premium reduces the cost basis of the securities purchased by the Fund. The Fund, as a writer of an option, may have no control over whether the underlying securities or other assets may be sold (call) or purchased (put) and, as a result, bears the market risk of an unfavorable change in the price of the securities or other assets underlying the written option. The Fund may also bear the risk of not being able to enter into a closing transaction if a liquid secondary market does not exist.

2 Distributions to Shareholders and Income Tax Information

It is the present policy of the Fund to make at least one distribution annually (normally in December) of all or substantially all of its net investment income and to distribute annually all or substantially all of its net realized capital gains. Distributions to shareholders are recorded on the ex-dividend date. Shareholders may reinvest income and capital gain distributions in additional shares of the Fund at the net asset value as of the ex-dividend date or, at the election of the shareholder, receive distributions in cash. Distributions to shareholders are determined in accordance with income tax regulations, which may differ from U.S. GAAP. As required by U.S. GAAP, only distributions in excess of tax basis earnings and profits are reported in the financial statements as a return of capital. Permanent differences between book and tax accounting relating to distributions are reclassified to paid-in capital. For tax purposes, distributions from short-term capital gains are considered to be from ordinary income.

The tax character of distributions declared for the years ended January 31, 2023 and January 31, 2022 was as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended January 31,** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended January 31,** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;&nbsp;**2022** |
| Ordinary income | &nbsp;&nbsp;&nbsp;&nbsp;$6138503 | &nbsp;&nbsp;&nbsp;&nbsp;$3008213 |
| Long-term capital gains | &nbsp;&nbsp;&nbsp;&nbsp;$45599543 | &nbsp;&nbsp;&nbsp;&nbsp;$9045058 |

---

During the year ended January 31, 2023, distributable earnings was decreased by $9,052,752 and paid-in capital was increased by $9,052,752 due to the Fund's use of equalization accounting. Tax equalization accounting allows the Fund to treat as a distribution that portion of redemption proceeds representing a redeeming shareholder's portion of undistributed taxable income and net capital gains. These reclassifications had no effect on the net assets or net asset value per share of the Fund.

As of January 31, 2023, the components of distributable earnings (accumulated loss) on a tax basis were as follows:

---

| | |
|:---|:---|
| Undistributed long-term capital gains | &nbsp;&nbsp;&nbsp;&nbsp;$7226082 |
| Net unrealized appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158614505 |
| **Distributable earnings** | &nbsp;&nbsp;&nbsp;&nbsp;**$165840587** |

---

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Notes to Financial Statements — continued

------

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Fund at January 31, 2023, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$557634169** |
| Gross unrealized appreciation | &nbsp;&nbsp;$160862359 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2247854) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$158614505** |

---

3 Investment Adviser and Administration Fee and Other Transactions with Affiliates

The investment adviser and administration fee is earned by Eaton Vance Management (EVM), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory and administrative services rendered to the Fund. The fee is computed at an annual rate as a percentage of the Fund's average daily net assets as follows and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.400% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.375% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.360% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.350% |

---

For the year ended January 31, 2023, the investment adviser and administration fee amounted to $3,168,274 or 0.40% of the Fund's average daily net assets. Pursuant to an investment sub-advisory agreement, EVM has delegated the investment management of the Fund to Parametric Portfolio Associates LLC (Parametric), an affiliate of EVM and an indirect, wholly-owned subsidiary of Morgan Stanley. EVM pays Parametric a portion of its investment adviser and administration fee for sub-advisory services provided to the Fund. Effective April 26, 2022, the Fund may invest in a money market fund, the Institutional Class of the Morgan Stanley Institutional Liquidity Funds - Government Portfolio (the "Liquidity Fund"), an open-end management investment company managed by Morgan Stanley Investment Management Inc., a wholly-owned subsidiary of Morgan Stanley. The investment adviser and administration fee paid by the Fund is reduced by an amount equal to its pro-rata share of the advisory and administration fees paid by the Fund due to its investment in the Liquidity Fund. For the year ended January 31, 2023, the investment adviser and administration fee paid was reduced by $22,733 relating to the Fund's investment in the Liquidity Fund. Prior to April 26, 2022, the Fund may have invested its cash in Eaton Vance Cash Reserves Fund, LLC (Cash Reserves Fund), an affiliated investment company managed by EVM. EVM did not receive a fee for advisory services provided to Cash Reserves Fund.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the year ended January 31, 2023, EVM earned $121,285 from the Fund pursuant to such agreement, which is included in transfer and dividend disbursing agent fees on the Statement of Operations.

Trustees and officers of the Fund who are members of EVM's organization receive remuneration for their services to the Fund out of the investment adviser and administration fee. Trustees of the Fund who are not affiliated with EVM may elect to defer receipt of all or a percentage of their annual fees in accordance with the terms of the Trustees Deferred Compensation Plan. For the year ended January 31, 2023, no significant amounts have been deferred. Certain officers and Trustees of the Fund are officers of EVM.

4 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations, aggregated $110,815,550 and $184,746,482, respectively, for the year ended January 31, 2023.

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Notes to Financial Statements — continued

------

5 Shares of Beneficial Interest

The Fund's Declaration of Trust permits the Trustees to issue an unlimited number of full and fractional shares of beneficial interest (without par value). Transactions in Fund shares were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2022** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> January 31, 2022** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 9213814 | &nbsp;&nbsp;&nbsp;&nbsp;$123076975 | &nbsp;&nbsp;&nbsp;&nbsp;15808672 | &nbsp;&nbsp;&nbsp;&nbsp;$215364697 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 3687289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44763686 | &nbsp;&nbsp;&nbsp;&nbsp; 742552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10566520 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(26005171) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(351354574) | &nbsp;&nbsp;&nbsp;&nbsp;(31557720) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(431567688) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(13104068)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(183513913)** | &nbsp;&nbsp;&nbsp;&nbsp;**(15006496)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(205636471)** |

---

6 Financial Instruments

The Fund may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities. These financial instruments may include written options and may involve, to a varying degree, elements of risk in excess of the amounts recognized for financial statement purposes. The notional or contractual amounts of these instruments represent the investment the Fund has in particular classes of financial instruments and do not necessarily represent the amounts potentially subject to risk. The measurement of the risks associated with these instruments is meaningful only when all related and offsetting transactions are considered. A summary of obligations under these financial instruments at January 31, 2023 is included in the Portfolio of Investments. At January 31, 2023, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

The Fund is subject to equity price risk in the normal course of pursuing its investment objective. The Fund employs a systematic, rules based options strategy of writing call and put options on the S&P 500 Index, that seeks to take advantage of the volatility risk premium (i.e., the tendency for volatility priced into an option to be higher, on average, than the volatility actually experienced on the securities underlying the option). Premiums received from writing options can offset the equity risk premium foregone.

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) and whose primary underlying risk exposure is equity price risk at January 31, 2023 was as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Fair Value** |
| **Derivative** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative** | &nbsp;&nbsp;&nbsp;&nbsp;**Liability Derivative<sup>(1)</sup>** |
| Written options | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(3014025) |

---

 <br> <sup>(1)</sup> Statement of Assets and Liabilities location: Written options outstanding, at value.

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations and whose primary underlying risk exposure is equity price risk for the year ended January 31, 2023 was as follows:

---

| | | |
|:---|:---|:---|
| **Derivative** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss)<br> on Derivatives Recognized<br> in Income<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized<br> Appreciation (Depreciation) on<br> Derivatives Recognized in Income<sup>(2)</sup>** |
| Written options | &nbsp;&nbsp;&nbsp;&nbsp;$16676888 | &nbsp;&nbsp;&nbsp;&nbsp;$498696 |

---

 <br> <sup>(1)</sup> Statement of Operations location: Net realized gain (loss): Written options. <br> <sup>(2)</sup> Statement of Operations location: Change in unrealized appreciation (depreciation): Written options.

------

[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Notes to Financial Statements — continued

------

The average number of written options contracts outstanding during the year ended January 31, 2023, which is indicative of the volume of this derivative type, was 1,309 contracts.

7 Line of Credit

The Fund participates with other portfolios and funds managed by EVM and its affiliates in a $725 million unsecured line of credit agreement with a group of banks, which is in effect through October 24, 2023. In connection with the renewal of the agreement on October 25, 2022, the borrowing limit was decreased from $800 million. Borrowings are made by the Fund solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Fund based on its borrowings at an amount above either the Secured Overnight Financing Rate (SOFR) or Federal Funds rate. In addition, a fee computed at an annual rate of 0.15% on the daily unused portion of the line of credit is allocated among the participating portfolios and funds at the end of each quarter. Also in connection with the renewal of the agreement, an arrangement fee totaling $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Fund, it may be unable to borrow some or all of its requested amounts at any particular time. The Fund did not have any significant borrowings or allocated fees during the year ended January 31, 2023.

8 Securities Lending Agreement

The Fund has established a securities lending agreement with State Street Bank and Trust Company (SSBT) as securities lending agent in which the Fund lends portfolio securities to qualified borrowers in exchange for collateral consisting of either cash or securities issued or guaranteed by the U.S. government or its agencies or instrumentalities in an amount at least equal to the market value of the securities on loan. The market value of securities loaned is determined daily and any additional required collateral is delivered to the Fund on the next business day. Cash collateral is invested in the State Street Navigator Securities Lending Government Money Market Portfolio, a money market fund registered under the 1940 Act. The Fund earns interest on the amount invested but it must pay (and at times receive from) the broker a loan rebate fee computed as a varying percentage of the collateral received. For security loans secured by non-cash collateral, the Fund earns a negotiated lending fee from the borrower. A portion of the income earned by the Fund from its investment of cash collateral, net of rebate fees, and lending fees received is allocated to SSBT for its services as lending agent and the portion allocated to the Fund is presented as securities lending income, net on the Statement of Operations. Non-cash collateral is held by the lending agent on behalf of the Fund and cannot be sold or re-pledged by the Fund; accordingly, such collateral is not reflected in the Statement of Assets and Liabilities.

The Fund is subject to possible delay in the recovery of loaned securities. Pursuant to the securities lending agreement, SSBT has provided indemnification to the Fund in the event of default by a borrower with respect to a loan. The Fund bears the risk of loss with respect to the investment of cash collateral.

At January 31, 2023, the value of the securities loaned and the value of the collateral received, which exceeded the value of the securities loaned, amounted to $19,619,465 and $20,011,893, respectively. Collateral received was comprised of U.S. government and/or agencies securities. The securities lending transactions have no contractual maturity date and each of the Fund and borrower has the option to terminate a loan at any time.

9 Investments in Affiliated Funds

At January 31, 2023, the value of the Fund's investment in affiliated funds, including funds that may be deemed to be affiliated, was $41,696,705, which represents 5.8% of the Fund's net assets. Transactions in such investments by the Fund for the year 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** | **Units/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** |
| Cash Reserves Fund | $47485101 | $162515083 | $(210000559) | $375 | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$5183 | &nbsp;&nbsp; — |
| Liquidity Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;436935287 | &nbsp;&nbsp;&nbsp;(395238582) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;41696705 | &nbsp;&nbsp;&nbsp;423576 | 41696705 |
| **Total** |  |  |  | **$375** | **$—** | **$41696705** | **$428759** |  |

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Notes to Financial Statements — continued

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10 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 Fund's investments and open derivative instruments, 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;$367,053,025\* | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$367053025 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp; 41696705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 41696705 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;307498944 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;307498944 |
| **Total Investments** | &nbsp;&nbsp;**$408749730** | &nbsp;&nbsp;**$307498944** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$716248674** |
| **Liability Description** |  |  |  |  |
| Written Call Options | &nbsp;&nbsp;$(2447200) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(2447200) |
| Written Put Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (566825) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (566825) |
| **Total** | &nbsp;&nbsp;**$(3014025)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(3014025)** |

---

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

11 Risks and Uncertainties

#### Pandemic Risk
An outbreak of respiratory disease caused by a novel coronavirus was first detected in China in late 2019 and subsequently spread internationally. This coronavirus has resulted in closing borders, enhanced health screenings, changes to healthcare service preparation and delivery, quarantines, cancellations, disruptions to supply chains and customer activity, as well as general concern and uncertainty. Health crises caused by outbreaks of disease, such as the coronavirus outbreak, may exacerbate other pre-existing political, social and economic risks and disrupt normal market conditions and operations. The impact of this outbreak has negatively affected the worldwide economy, as well as the economies of individual countries and industries, and could continue to affect the market in significant and unforeseen ways. Other epidemics and pandemics that may arise in the future may have similar effects. Any such impact could adversely affect the Fund's performance, or the performance of the securities in which the Fund invests.

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Report of Independent Registered Public Accounting Firm

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To the Trustees of Eaton Vance Mutual Funds Trust and Shareholders of Parametric Volatility Risk Premium - Defensive Fund:

Opinion on the Financial Statements and Financial Highlights

We have audited the accompanying statement of assets and liabilities of Parametric Volatility Risk Premium - Defensive Fund (the "Fund") (one of the funds constituting Eaton Vance Mutual Funds Trust), including the portfolio of investments, as of January 31, 2023, the related statement of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, the financial highlights for each of the five years in the period then ended, and the related notes. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Fund as of January 31, 2023, and the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended, and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Fund's management. Our responsibility is to express an opinion on the Fund's financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Fund is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of January 31, 2023, by correspondence with the custodian and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte & Touche LLP<br> Boston, Massachusetts<br> March 22, 2023

We have served as the auditor of one or more Eaton Vance investment companies since 1959.

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Federal Tax Information (Unaudited)

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The Form 1099-DIV you receive in February 2024 will show the tax status of all distributions paid to your account in calendar year 2023. Shareholders are advised to consult their own tax adviser with respect to the tax consequences of their investment in the Fund. As required by the Internal Revenue Code and/or regulations, shareholders must be notified regarding the status of qualified dividend income for individuals, the dividends received deduction for corporations, capital gains dividends and 163(j) interest dividends.

**Qualified Dividend Income. For the fiscal year ended January 31, 2023, the Fund designates approximately $6,079,039, or up to the maximum amount of such dividends allowable pursuant to the Internal Revenue Code, as qualified dividend income eligible for the reduced tax rate of 15%.**

**Dividends Received Deduction. Corporate shareholders are generally entitled to take the dividends received deduction on the portion of the Fund's dividend distribution that qualifies under tax law. For the Fund's fiscal 2023 ordinary income dividends, 71.05% qualifies for the corporate dividends received deduction.**

**Capital Gains Dividends. The Fund hereby designates as a capital gain dividend with respect to the taxable year ended January 31, 2023, $44,595,326 or, if subsequently determined to be different, the net capital gain of such year.**

**163(j) Interest Dividends. For the fiscal year ended January 31, 2023, the Fund designates 28.95% of distributions from net investment income as a 163(j) interest dividend.**

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Management and Organization

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**Fund Management. The Trustees of Eaton Vance Mutual Funds Trust (the Trust) are responsible for the overall management and supervision of the Trust's affairs. The Board members and officers of the Trust are listed below. Except as indicated, each individual has held the office shown or other offices in the same company for the last five years. Board members hold indefinite terms of office. Each Trustee holds office until his or her successor is elected and qualified, subject to a prior death, resignation, retirement, disqualification or removal. Under the terms of the Fund's current Trustee retirement policy, an Independent Trustee must retire and resign as a Trustee on the earlier of: (i) the first day of July following his or her 74th birthday; or (ii), with limited exception, December 31st of the 20th year in which he or she has served as a Trustee. However, if such retirement and resignation would cause the Fund to be out of compliance with Section 16 of the 1940 Act or any other regulations or guidance of the SEC, then such retirement and resignation will not become effective until such time as action has been taken for the Fund to be in compliance therewith. The "noninterested Trustees" consist of those Trustees who are not "interested persons" of the Trust, as that term is defined under the 1940 Act. The business address of each Board member and officer is Two International Place, Boston, Massachusetts 02110. As used below, "BMR" refers to Boston Management and Research, "EVC" refers to Eaton Vance Corp., "EV" refers to EV LLC, "EVM" refers to Eaton Vance Management and "EVD" refers to Eaton Vance Distributors, Inc. EV is the trustee of each of EVM and BMR. Effective March 1, 2021, each of EVM, BMR, EVD and EV are indirect, wholly owned subsidiaries of Morgan Stanley. Each officer affiliated with EVM may hold a position with other EVM affiliates that is comparable to his or her position with EVM listed below. Each Trustee oversees 130 funds in the Eaton Vance fund complex (including both funds and portfolios in a hub and spoke structure).**

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| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s) and Other Directorships<br> During Past Five Years and Other Relevant Experience** |
| Interested Trustee | Interested Trustee | Interested Trustee | Interested Trustee |
| Thomas E. Faust Jr.<br> 1958 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2007 | &nbsp;&nbsp;&nbsp;Chairman of Morgan Stanley Investment Management, Inc. (MSIM), member of the Board of Managers and President of EV (since 2021), Chief Executive Officer of EVM and BMR. Formerly, Chairman, Chief Executive Officer (2007-2021) and President (2006-2021) of EVC and Director of EVD (2007-2022). Mr. Faust is an interested person because of his positions with MSIM, BMR, EVM and EV, which are affiliates of the Trust.<br> **Other Directorships.** Formerly, Director of EVC (2007-2021) and Hexavest Inc. (investment management firm) (2012-2021). |
| Noninterested Trustees | Noninterested Trustees | Noninterested Trustees | Noninterested Trustees |
| Alan C. Bowser<sup>(1)</sup><br> 1962 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2022 | &nbsp;&nbsp;&nbsp;Formerly, Chief Diversity Officer, Partner and a member of the Operating Committee, and formerly served as Senior Advisor on Diversity and Inclusion for the firm's chief executive officer, Co-Head of the Americas Region, and Senior Client Advisor of Bridgewater Associates, an asset management firm (2011- 2023).<br> **Other Directorships**. None. |
| Mark R. Fetting<br> 1954 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2016 | &nbsp;&nbsp;&nbsp;Private investor. Formerly held various positions at Legg Mason, Inc. (investment management firm) (2000-2012), including President, Chief Executive Officer, Director and Chairman (2008-2012), Senior Executive Vice President (2004-2008) and Executive Vice President (2001-2004). Formerly, President of Legg Mason family of funds (2001-2008). Formerly, Division President and Senior Officer of Prudential Financial Group, Inc. and related companies (investment management firm) (1991-2000).<br> **Other Directorships**. None. |
| Cynthia E. Frost<br> 1961 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2014 | &nbsp;&nbsp;&nbsp;Private investor. Formerly, Chief Investment Officer of Brown University (university endowment) (2000-2012). Formerly, Portfolio Strategist for Duke Management Company (university endowment manager) (1995-2000). Formerly, Managing Director, Cambridge Associates (investment consulting company) (1989-1995). Formerly, Consultant, Bain and Company (management consulting firm) (1987-1989). Formerly, Senior Equity Analyst, BA Investment Management Company (1983-1985).<br> **Other Directorships**. None. |
| George J. Gorman<br> 1952 | &nbsp;&nbsp;&nbsp;Chairperson <br> of the Board<br> and Trustee | &nbsp;&nbsp;&nbsp;Since 2021<br> (Chairperson) and<br> 2014 (Trustee) | &nbsp;&nbsp;&nbsp;Principal at George J. Gorman LLC (consulting firm). Formerly, Senior Partner at Ernst & Young LLP (a registered public accounting firm) (1974-2009).<br> **Other Directorships**. None. |

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Management and Organization — continued

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| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s) and Other Directorships<br> During Past Five Years and Other Relevant Experience** |
| Noninterested Trustees (continued) | Noninterested Trustees (continued) | Noninterested Trustees (continued) | Noninterested Trustees (continued) |
| Valerie A. Mosley<br> 1960 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2014 | &nbsp;&nbsp;&nbsp;Chairwoman and Chief Executive Officer of Valmo Ventures (a consulting and investment firm). Founder of Upward Wealth, Inc., dba BrightUp, a fintech platform. Formerly, Partner and Senior Vice President, Portfolio Manager and Investment Strategist at Wellington Management Company, LLP (investment management firm) (1992-2012). Formerly, Chief Investment Officer, PG Corbin Asset Management (1990-1992). Formerly worked in institutional corporate bond sales at Kidder Peabody (1986-1990).<br> **Other Directorships**. Director of DraftKings, Inc. (digital sports entertainment and gaming company) (since September 2020). Director of Envestnet, Inc. (provider of intelligent systems for wealth management and financial wellness) (since 2018). Formerly, Director of Dynex Capital, Inc. (mortgage REIT) (2013-2020) and Director of Groupon, Inc. (e-commerce provider) (2020-2022). |
| Keith Quinton<br> 1958 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2018 | &nbsp;&nbsp;&nbsp;Private investor, researcher and lecturer. Formerly, Independent Investment Committee Member at New Hampshire Retirement System (2017-2021). Formerly, Portfolio Manager and Senior Quantitative Analyst at Fidelity Investments (investment management firm) (2001-2014).<br> **Other Directorships**. Formerly, Director (2016-2021) and Chairman (2019-2021) of New Hampshire Municipal Bond Bank. |
| Marcus L. Smith<br> 1966 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2018 | &nbsp;&nbsp;&nbsp;Private investor and independent corporate director. Formerly, Chief Investment Officer, Canada (2012-2017), Chief Investment Officer, Asia (2010-2012), Director of Asian Research (2004-2010) and portfolio manager (2001-2017) at MFS Investment Management (investment management firm).<br> **Other Directorships**. Director of First Industrial Realty Trust, Inc. (an industrial REIT) (since 2021). Director of MSCI Inc. (global provider of investment decision support tools) (since 2017). Formerly, Director of DCT Industrial Trust Inc. (logistics real estate company) (2017-2018). |
| Susan J. Sutherland<br> 1957 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2015 | &nbsp;&nbsp;&nbsp;Private investor. Director of Ascot Group Limited and certain of its subsidiaries (insurance and reinsurance) (since 2017). Formerly, Director of Hagerty Holding Corp. (insurance) (2015-2018) and Montpelier Re Holdings Ltd. (insurance and reinsurance) (2013-2015). Formerly, Associate, Counsel and Partner at Skadden, Arps, Slate, Meagher & Flom LLP (law firm) (1982-2013).<br> **Other Directorships**. Formerly, Director of Kairos Acquisition Corp. (insurance/InsurTech acquisition company) (2021-2023). |
| Scott E. Wennerholm<br> 1959 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2016 | &nbsp;&nbsp;&nbsp;Private investor. Formerly, Trustee at Wheelock College (postsecondary institution) (2012-2018). Formerly, Consultant at GF Parish Group (executive recruiting firm) (2016-2017). Formerly, Chief Operating Officer and Executive Vice President at BNY Mellon Asset Management (investment management firm) (2005-2011). Formerly, Chief Operating Officer and Chief Financial Officer at Natixis Global Asset Management (investment management firm) (1997-2004). Formerly, Vice President at Fidelity Investments Institutional Services (investment management firm) (1994-1997).<br> **Other Directorships**. None. |
| Nancy A. Wiser<sup>(1)</sup><br> 1967 | &nbsp;&nbsp;&nbsp;Trustee | &nbsp;&nbsp;&nbsp;Since 2022 | &nbsp;&nbsp;&nbsp;Formerly, Executive Vice President and the Global Head of Operations at Wells Fargo Asset Management (2011-2021).<br> **Other Directorships**. None. |

---

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| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s)<br> During Past Five Years** |
| Principal Officers who are not Trustees | Principal Officers who are not Trustees | Principal Officers who are not Trustees | Principal Officers who are not Trustees |
| Eric A. Stein<br> 1980 | &nbsp;&nbsp;&nbsp;President | &nbsp;&nbsp;&nbsp;Since 2020 | &nbsp;&nbsp;&nbsp;Vice President and Chief Investment Officer, Fixed Income of EVM and BMR. Prior to November 1, 2020, Mr. Stein was a co-Director of Eaton Vance's Global Income Investments. Also Vice President of Calvert Research and Management ("CRM"). |
| Deidre E. Walsh<br> 1971 | &nbsp;&nbsp;&nbsp;Vice President and<br> Chief Legal Officer | &nbsp;&nbsp;&nbsp;Since 2009 | &nbsp;&nbsp;&nbsp;Vice President of EVM and BMR. Also Vice President of CRM. |
| James F. Kirchner<br> 1967 | &nbsp;&nbsp;&nbsp;Treasurer | &nbsp;&nbsp;&nbsp;Since 2007 | &nbsp;&nbsp;&nbsp;Vice President of EVM and BMR. Also Vice President of CRM. |

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Parametric

Volatility Risk Premium - Defensive Fund

January 31, 2023

Management and Organization — continued

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---

| | | | |
|:---|:---|:---|:---|
| **Name and Year of Birth** | &nbsp;&nbsp;**Trust <br> Position(s)** | &nbsp;&nbsp;**Length of Service** | &nbsp;&nbsp;**Principal Occupation(s)<br> During Past Five Years** |
| Principal Officers who are not Trustees (continued) | Principal Officers who are not Trustees (continued) | Principal Officers who are not Trustees (continued) | Principal Officers who are not Trustees (continued) |
| Nicholas S. Di Lorenzo<br> 1987 | &nbsp;&nbsp;&nbsp;Secretary | &nbsp;&nbsp;&nbsp;Since 2022 | &nbsp;&nbsp;&nbsp;Formerly, associate (2012-2021) and counsel (2022) at Dechert LLP. |
| Richard F. Froio<br> 1968 | &nbsp;&nbsp;&nbsp;Chief Compliance<br> Officer | &nbsp;&nbsp;&nbsp;Since 2017 | &nbsp;&nbsp;&nbsp;Vice President of EVM and BMR since 2017. Formerly, Deputy Chief Compliance Officer (Adviser/Funds) and Chief Compliance Officer (Distribution) at PIMCO (2012-2017) and Managing Director at BlackRock/Barclays Global Investors (2009-2012). |

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<sup>(1)</sup> Mr. Bowser and Ms. Wiser began serving as Trustees effective April 4, 2022.

The SAI for the Fund includes additional information about the Trustees and officers of the Fund and can be obtained without charge on Eaton Vance's website at www.eatonvance.com or by calling 1-800-260-0761.

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Eaton Vance Funds<br>

Privacy Notice April 2021

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| | |
|:---|:---|
| &nbsp;&nbsp;**FACTS** | &nbsp;&nbsp;&nbsp;**WHAT DOES EATON VANCE DO WITH YOUR<br> PERSONAL INFORMATION?** |

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Why?** | &nbsp;&nbsp;&nbsp;&nbsp;Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. |
| &nbsp;&nbsp;&nbsp;**What?** | &nbsp;&nbsp;&nbsp;&nbsp;The types of personal information we collect and share depend on the product or service you have with us. This information can include:<br>■ Social Security number and income<br> ■ investment experience and risk tolerance<br> ■ checking account number and wire transfer instructions |
| &nbsp;&nbsp;&nbsp;**How?** | &nbsp;&nbsp;&nbsp;&nbsp;All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Eaton Vance chooses to share; and whether you can limit this sharing. |

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Reasons we can share your<br> personal information** | &nbsp;&nbsp;**Does Eaton Vance<br> share?** | &nbsp;&nbsp;**Can you limit<br> this sharing?** |
| &nbsp;&nbsp;&nbsp;**For our everyday business purposes — such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No |
| &nbsp;&nbsp;&nbsp;**For our marketing purposes — to offer our products and services to you** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No |
| &nbsp;&nbsp;&nbsp;**For joint marketing with other financial companies** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |
| &nbsp;&nbsp;&nbsp;**For our investment management affiliates' everyday business purposes — information about your transactions, experiences, and creditworthiness** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;&nbsp;**For our affiliates' everyday business purposes — information about your transactions and experiences** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No |
| &nbsp;&nbsp;&nbsp;**For our affiliates' everyday business purposes — information about your creditworthiness** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |
| &nbsp;&nbsp;&nbsp;**For our investment management affiliates to market to you** | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;&nbsp;**For our affiliates to market to you** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |
| &nbsp;&nbsp;&nbsp;**For nonaffiliates to market to you** | &nbsp;&nbsp;No | &nbsp;&nbsp;We don't share |

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**To limit our<br> sharing** | &nbsp;&nbsp;&nbsp;&nbsp;Call toll-free 1-800-262-1122 or email: EVPrivacy@eatonvance.com<br>**Please note:**<br>If you are a *new* customer, we can begin sharing your information 30 days from the date we sent this notice. When you are *no longer* our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing. |
| &nbsp;&nbsp;&nbsp;**Questions?** | &nbsp;&nbsp;&nbsp;&nbsp;Call toll-free 1-800-262-1122 or email: EVPrivacy@eatonvance.com |

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Eaton Vance Funds<br>

Privacy Notice — continued April 2021

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Who we are** | &nbsp;&nbsp;&nbsp;**Who we are** |
| &nbsp;&nbsp;&nbsp;**Who is providing this notice?** | &nbsp;&nbsp;Eaton Vance Management, Eaton Vance Distributors, Inc., Eaton Vance Trust Company, Eaton Vance Management (International) Limited, Eaton Vance Advisers International Ltd., Eaton Vance Global Advisors Limited, Eaton Vance Management's Real Estate Investment Group, Boston Management and Research, Calvert Research and Management, Eaton Vance and Calvert Fund Families and our investment advisory affiliates ("Eaton Vance") (see Investment Management Affiliates definition below) |
| &nbsp;&nbsp;&nbsp;**What we do** | &nbsp;&nbsp;&nbsp;**What we do** |
| &nbsp;&nbsp;&nbsp;**How does Eaton Vance<br> protect my personal<br> information?** | &nbsp;&nbsp;To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. We have policies governing the proper handling of customer information by personnel and requiring third parties that provide support to adhere to appropriate security standards with respect to such information. |
| &nbsp;&nbsp;&nbsp;**How does Eaton Vance<br> collect my personal<br> information?** | &nbsp;&nbsp;We collect your personal information, for example, when you<br>■ open an account or make deposits or withdrawals from your account<br> ■ buy securities from us or make a wire transfer<br> ■ give us your contact information<br>We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. |
| &nbsp;&nbsp;&nbsp;**Why can't I limit all sharing?** | &nbsp;&nbsp;Federal law gives you the right to limit only<br>■ sharing for affiliates' everyday business purposes — information about your creditworthiness<br> ■ affiliates from using your information to market to you<br> ■ sharing for nonaffiliates to market to you<br>State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law. |
| &nbsp;&nbsp;&nbsp;**Definitions** | &nbsp;&nbsp;&nbsp;**Definitions** |
| &nbsp;&nbsp;&nbsp;**Investment Management<br> Affiliates** | &nbsp;&nbsp;Eaton Vance Investment Management Affiliates include registered investment advisers, registered broker- dealers, and registered and unregistered funds. Investment Management Affiliates does not include entities associated with Morgan Stanley Wealth Management, such as Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. |
| &nbsp;&nbsp;&nbsp;**Affiliates** | &nbsp;&nbsp;Companies related by common ownership or control. They can be financial and nonfinancial companies.<br>■ *Our affiliates include companies with a Morgan Stanley name and financial companies such as Morgan Stanley Smith Barney LLC and Morgan Stanley & Co.* |
| &nbsp;&nbsp;&nbsp;**Nonaffiliates** | &nbsp;&nbsp;Companies not related by common ownership or control. They can be financial and nonfinancial companies.<br>■ *Eaton Vance does not share with nonaffiliates so they can market to you.* |
| &nbsp;&nbsp;&nbsp;**Joint marketing** | &nbsp;&nbsp;A formal agreement between nonaffiliated financial companies that together market financial products or services to you.<br>■ *Eaton Vance doesn't jointly market.* |
| &nbsp;&nbsp;&nbsp;**Other important information** | &nbsp;&nbsp;&nbsp;**Other important information** |
| &nbsp;&nbsp;&nbsp;**Vermont: Except as permitted by law, we will not share personal information we collect about Vermont residents with Nonaffiliates unless you provide us with your written consent to share such information.<br>California: Except as permitted by law, we will not share personal information we collect about California residents with Nonaffiliates and we will limit sharing such personal information with our Affiliates to comply with California privacy laws that apply to us.** | &nbsp;&nbsp;&nbsp;**Vermont: Except as permitted by law, we will not share personal information we collect about Vermont residents with Nonaffiliates unless you provide us with your written consent to share such information.<br>California: Except as permitted by law, we will not share personal information we collect about California residents with Nonaffiliates and we will limit sharing such personal information with our Affiliates to comply with California privacy laws that apply to us.** |

---

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Eaton Vance Funds<br>

IMPORTANT NOTICES

------

**Delivery of Shareholder Documents. The Securities and Exchange Commission (SEC) permits funds to deliver only one copy of shareholder documents, including prospectuses, proxy statements and shareholder reports, to fund investors with multiple accounts at the same residential or post office box address. This practice is often called "householding" and it helps eliminate duplicate mailings to shareholders. *Eaton Vance, or your financial intermediary, may household the mailing of your documents indefinitely unless you instruct Eaton Vance, or your financial intermediary, otherwise.* If you would prefer that your Eaton Vance documents not be householded, please contact Eaton Vance at 1-800-260-0761, or contact your financial intermediary. Your instructions that householding not apply to delivery of your Eaton Vance documents will typically be effective within 30 days of receipt by Eaton Vance or your financial intermediary.**

**Portfolio Holdings. Each Eaton Vance Fund and its underlying Portfolio(s) (if applicable) files a schedule of portfolio holdings on Part F to Form N-PORT with the SEC. Certain information filed on Form N-PORT may be viewed on the Eaton Vance website at www.eatonvance.com, by calling Eaton Vance at 1-800-260-0761 or in the EDGAR database on the SEC's website at www.sec.gov.**

**Proxy Voting. From time to time, funds are required to vote proxies related to the securities held by the funds. The Eaton Vance Funds or their underlying Portfolios (if applicable) vote proxies according to a set of policies and procedures approved by the Funds' and Portfolios' Boards. You may obtain a description of these policies and procedures and information on how the Funds or Portfolios voted proxies relating to portfolio securities during the most recent 12-month period ended June 30, without charge, upon request, by calling 1-800-260-0761 and by accessing the SEC's website at www.sec.gov.**

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

Investment Adviser and Administrator

#### Eaton Vance Management<br> Two International Place<br> Boston, MA 02110
Investment Sub-Adviser

#### Parametric Portfolio Associates LLC<br> 800 Fifth Avenue, Suite 2800<br> Seattle, WA 98104
Principal Underwriter<sup>\*</sup>

#### Eaton Vance Distributors, Inc.<br> Two International Place<br> Boston, MA 02110<br> (617) 482-8260
Custodian

#### State Street Bank and Trust Company<br> State Street Financial Center, One Lincoln Street<br> Boston, MA 02111
Transfer Agent

#### BNY Mellon Investment Servicing (US) Inc.<br> Attn: Eaton Vance Funds<br> P.O. Box 534439<br> Pittsburgh, PA 15253-4439<br> (800) 260-0761
Independent Registered Public Accounting Firm

#### Deloitte & Touche LLP<br> 200 Berkeley Street<br> Boston, MA 02116-5022
Fund Offices

Two International Place<br> Boston, MA 02110

<sup>\*</sup> **FINRA BrokerCheck.** Investors may check the background of their Investment Professional by contacting the Financial Industry Regulatory Authority (FINRA). FINRA BrokerCheck is a free tool to help investors check the professional background of current and former FINRA-registered securities firms and brokers. FINRA BrokerCheck is available by calling 1-800-289-9999 and at www.FINRA.org. The FINRA BrokerCheck brochure describing this program is available to investors at www.FINRA.org.

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[**Table of Contents**](#job_ev_ar_88eb6abc-af5b-4681-a7c7-8347247b60cd_toc)

24691 1.31.23

------

**Item 2. Code of Ethics** 

The registrant (sometimes referred to as the "Fund") has adopted a code of ethics applicable to its Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer. The registrant undertakes to provide a copy of such code of ethics to any person upon request, without charge, by calling 1-800-262-1122. The registrant has not amended the code of ethics as described in Form N-CSR during the period covered by this report. The registrant has not granted any waiver, including an implicit waiver, from a provision of the code of ethics as described in Form N-CSR during the period covered by this report.

**Item 3. Audit Committee Financial Expert** 

The registrant's Board of Trustees (the "Board") has designated George J. Gorman and Scott E. Wennerholm, each an independent trustee, as audit committee financial experts. Mr. Gorman is a certified public accountant who is the Principal at George J. Gorman LLC (a consulting firm). Previously, Mr. Gorman served in various capacities at Ernst & Young LLP (a registered public accounting firm), including as Senior Partner. Mr. Gorman also has experience serving as an independent trustee and audit committee financial expert of other mutual fund complexes. Mr. Wennerholm is a private investor. Previously, Mr. Wennerholm served as a Trustee at Wheelock College (postsecondary institution), as a Consultant at GF Parish Group (executive recruiting firm), Chief Operating Officer and Executive Vice President at BNY Mellon Asset Management (investment management firm), Chief Operating Officer and Chief Financial Officer at Natixis Global Asset Management (investment management firm), and Vice President at Fidelity Investments Institutional Services (investment management firm).

------

**Item 4. Principal Accountant Fees and Services** 

Parametric Emerging Markets Fund, Parametric International Equity Fund and Parametric Volatility Risk Premium - Defensive Fund (the "Fund(s)") are series of Eaton Vance Mutual Funds Trust (the "Trust"), a Massachusetts business trust, which, including the Funds, contains a total of 34 series (the "Series"). The Trust is registered under the Investment Company Act of 1940 as an open-end management investment company. This Form N-CSR relates to the Funds' annual reports.

**(a)-(d)** 

The following tables present the aggregate fees billed to each Fund for the Fund's fiscal periods ended January 31, 2022 and January 31, 2023 by the registrant's principal accountant, Deloitte & Touche LLP ("D&T"), for professional services rendered for the audit of the Fund's annual financial statements and fees billed for other services rendered by D&T during such periods.

---

| | | |
|:---|:---|:---|
| **Parametric Emerging Markets Fund** | | |
| **Fiscal Years Ended** |<br>**1/31/22** |<br>**1/31/23** |
|  Audit Fees | $81850 | $89050 |
|  Audit-Related Fees<sup>(1)</sup> | $0 | $0 |
|  Tax Fees<sup>(2)</sup> | $33412 | $10345 |
|  All Other Fees<sup>(3)</sup> | $0 | $0 |
|  Total | $115262 | $99395 |

---

---

| | | |
|:---|:---|:---|
| **Parametric International Equity Fund** | | |
| **Fiscal Years Ended** |<br>**1/31/22** |<br>**1/31/23** |
|  Audit Fees | $37450 | $41550 |
|  Audit-Related Fees<sup>(1)</sup> | $0 | $0 |
|  Tax Fees<sup>(2)</sup> | $12741 | $2175 |
|  All Other Fees<sup>(3)</sup> | $0 | $0 |
|  Total | $50191 | $43725 |

---

------

---

| | | |
|:---|:---|:---|
| **Parametric Volatility Risk Premium - Defensive Fund** | | |
| **Fiscal Years Ended** |<br>**1/31/22** |<br>**1/31/23** |
|  Audit Fees | $37550 | $41650 |
|  Audit-Related Fees<sup>(1)</sup> | $0 | $0 |
|  Tax Fees<sup>(2)</sup> | $17520 | $2175 |
|  All Other Fees<sup>(3)</sup> | $0 | $0 |
|  Total | $55070 | $43825 |

---

<sup>(1)</sup> Audit-related fees consist of the aggregate fees billed for assurance and related services that are reasonably related to the performance of the audit of financial statements and are not reported under the category of audit fees.

<sup>(2)</sup> Tax fees consist of the aggregate fees billed for professional services rendered by the principal accountant relating to tax compliance, tax advice, and tax planning and specifically include fees for tax return preparation and other related tax/compliance planning matters.

<sup>(3)</sup> All other fees consist of the aggregate fees billed for products and services provided by the principal accountant other than audit, audit-related, and tax services.

The various Series comprising the Trust have differing fiscal year ends (January 31, February 28, September 30, October 31, November 30, or December 31). The following table presents the aggregate audit, audit-related, tax, and other fees billed to all of the Series in the Trust by D&T for the last two fiscal years of each Series.

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Fiscal Years<br>Ended** | **2/28/21** | **9/30/21** | **10/31/21** | **11/30/21** | **12/31/21** | **1/31/22** | **2/28/22** | **9/30/22** | **10/31/22** | **11/30/22** | **12/31/22** | **1/31/23** |
|  **Audit Fees** | $26250 | $91600 | $729872 | $37050 | $111700 | $198900 | $24050 | $104200 | $816633 | $41150 | $130600 | $172250 |
|  **Audit-Related Fees<sup>(1)</sup>** | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
|  **Tax Fees<sup>(2)</sup>** | $10103 | $23248 | $271569 | $13000 | $61738 | $78353 | $8478 | $5000 | $44100 | $0 | $16150 | $14695 |
|  **All Other Fees<sup>(3)</sup>** | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
|  **Total** | $36353 | $114848 | $1001441 | $50050 | $173438 | $277253 | $32528 | $109200 | $860733 | $41150 | $146750 | $186945 |

---

<sup>(1)</sup> Audit-related fees consist of the aggregate fees billed for assurance and related services that are reasonably related to the performance of the audit of financial statements and are not reported under the category of audit fees.

<sup>(2)</sup> Tax fees consist of the aggregate fees billed for professional services rendered by the principal accountant relating to tax compliance, tax advice, and tax planning and specifically include fees for tax return preparation and other related tax/compliance planning matters.

<sup>(3)</sup> All other fees consist of the aggregate fees billed for products and services provided by the principal accountant other than audit, audit-related, and tax services.

(e)(1) The registrant's audit committee has adopted policies and procedures relating to the pre-approval of services provided by the registrant's principal accountant (the "Pre-Approval Policies"). The Pre-Approval Policies establish a framework intended to assist the audit committee in the proper discharge of its pre-approval responsibilities. As a general matter, the Pre-Approval Policies (i) specify certain types of audit, audit-related, tax, and other services determined to be pre-approved by the audit committee; and (ii) delineate specific procedures governing the mechanics of the pre-approval process, including the approval and monitoring of audit and non-audit service fees. Unless a service is specifically pre-approved under the Pre-Approval Policies, it must be separately pre-approved by the audit committee.

------

The Pre-Approval Policies and the types of audit and non-audit services pre-approved therein must be reviewed and ratified by the registrant's audit committee at least annually. The registrant's audit committee maintains full responsibility for the appointment, compensation, and oversight of the work of the registrant's principal accountant.

(e)(2) No services described in paragraphs (b)-(d) above were approved by the registrant's audit committee pursuant to the "de minimis exception" set forth in Rule 2-01(c)(7)(i)(C) of Regulation S-X.

(f) Not applicable.

(g) The following table presents (i) the aggregate non-audit fees (i.e., fees for audit-related, tax, and other services) billed for services rendered to all of the Series in the Trust by D&T for the last two fiscal years of each Series; and (ii) the aggregate non-audit fees (i.e., fees for audit-related, tax, and other services) billed to the Eaton Vance organization by D&T for the last two fiscal years of each Series.

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Fiscal Years**<br> **Ended** | **2/28/21** | **9/30/21** | **10/31/21** | **11/30/21** | **12/31/21** | **1/31/22** | **2/28/22** | **9/30/22** | **10/31/22** | **11/30/22** | **12/31/22** | **1/31/23** |
|  **Registrant<sup>(1)</sup>** | $10.103 | $23248 | $271569 | $13000 | $61738 | $78353 | $8478 | $5000 | $44100 | $0 | $16150 | $14695 |
|  **Eaton Vance<sup>(2)</sup>** | $150300 | $51800 | $51800 | $51800 | $51800 | $51800 | $51800 | $52836 | $52836 | $52836 | $52836 | $52836 |

---

<sup>(1)</sup> Includes all of the Series of the Trust. During the fiscal years reported above, certain of the Funds were "feeder" funds in a.

"master-feeder" fund structure or funds of funds

<sup>(2)</sup> Various subsidiaries of Morgan Stanley act in either an investment advisory and/or service provider capacity with respect to the Series and/or their respective "master" funds (if applicable).

(h) The registrant's audit committee has considered whether the provision by the registrant's principal accountant of non-audit services to the registrant's investment adviser and any entity controlling, controlled by, or under common control with the adviser that provides ongoing services to the registrant that were not pre-approved pursuant to Rule 2-01(c)(7)(ii) of Regulation S-X is compatible with maintaining the principal accountant's independence.

**Item 5. Audit Committee of Listed Registrants** 

Not applicable.

**Item 6. Schedule of Investments** 

Please see schedule of investments contained in the Report to Stockholders included under Item 1 of this Form N-CSR.

**Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies** 

Not applicable.

------

**Item 8. Portfolio Managers of Closed-End Management Investment Companies** 

Not applicable.

**Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers** 

Not applicable.

**Item 10. Submission of Matters to a Vote of Security Holders** 

No material changes.

**Item 11. Controls and Procedures** 

(a) It is the conclusion of the registrant's principal executive officer and principal financial officer that the effectiveness of the registrant's current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission's rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant's principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrant's internal controls over financial reporting during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.

**Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies** 

Not applicable.

**Item 13. Exhibits** 

---

| | |
|:---|:---|
| (a)(1) | Registrant's Code of Ethics – Not applicable (please see Item 2). |
| (a)(2)(i) | [Treasurer's Section 302 certification.](d469219dex99cert.htm) |
| (a)(2)(ii) | [President's Section 302 certification.](d469219dex99cert.htm#sig) |
| (b) | [Combined Section 906 certification.](d469219dex99906cert.htm) |

---

------

**Signatures** 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Eaton Vance Mutual Funds Trust

---

| | |
|:---|:---|
| By: | /s/ Eric A. Stein |
|  | Eric A. Stein |
|  | President |
| Date: | March 24, 2023 |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ James F. Kirchner |
|  | James F. Kirchner |
|  | Treasurer |
| Date: | March 24, 2023 |
| By: | /s/ Eric A. Stein |
|  | Eric A. Stein |
|  | President |
| Date: | March 24, 2023 |

---

## Ex-99.Cert

**EATON VANCE MUTUAL FUNDS TRUST** 

**FORM N-CSR** 

**Exhibit 13(a)(2)(i)** 

**<u>CERTIFICATION</u>**

I, James F. Kirchner, certify that:

1. I have reviewed this report on Form N-CSR of Eaton Vance Mutual Funds Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: March 24, 2023 | /s/ James F. Kirchner |
|  | James F. Kirchner |
|  | Treasurer |

---

------

**EATON VANCE MUTUAL FUNDS TRUST** 

**FORM N-CSR** 

**Exhibit 13(a)(2)(ii)** 

**<u>CERTIFICATION</u>**

I, Eric A. Stein, certify that:

1. I have reviewed this report on Form N-CSR of Eaton Vance Mutual Funds Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
|  Date: March 24, 2023 | /s/ Eric A. Stein |
|  | Eric A. Stein |
|  | President |

---

## Exhibit 99.906

**<u>Form N-CSR Item 13(b) Exhibit</u>**

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

The undersigned hereby certify in their capacity as Treasurer and President, respectively, of Eaton Vance Mutual Funds Trust (the "**Trust**") that:

(a) the Annual Report of the **Trust** on Form N-CSR for the period
ended January 31, 2023 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(b) the information contained in the Report fairly presents, in all material respects, the financial condition and
the results of operations of the **Trust** for such period.

**A signed original of this written statement required by section 906 has been provided to the Trust and will be retained by the Trust and furnished to the Securities and Exchange Commission or its staff upon request.** 

Eaton Vance Mutual Funds Trust

---

| |
|:---|
| Date: March 24, 2023 |
| /s/ James F. Kirchner |
| James F. Kirchner |
| Treasurer |
| Date: March 24, 2023 |
| /s/ Eric A. Stein |
| Eric A. Stein |
| President |

---