# EDGAR Filing Document

**Accession Number:** 0000745463
**File Stem:** 0001193125-26-285293
**Filing Date:** 2026-6
**Character Count:** 5369298
**Document Hash:** 9b275f43fc17722a4681c36c1d5e9ec1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-285293.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0001193125-26-285293

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 64

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**EFFECTIVENESS DATE**: 20260626

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Mutual Funds Trust
- **CENTRAL INDEX KEY:** 0000745463

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04015
- **FILM NUMBER:** 261128151

**BUSINESS ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 617-482-8260

**MAIL ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE MUTUAL FUNDS TRUST
- **DATE OF NAME CHANGE:** 19950711

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

## Series and Classes Contracts Data

### Eaton Vance Tax-Managed Multi-Cap Growth Fund (Series ID: S000005281)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000014425 | Eaton Vance Tax-Managed Multi-Cap Growth Fund Class A | EACPX           |
| C000014427 | Eaton Vance Tax-Managed Multi-Cap Growth Fund Class C | ECCPX           |

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

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

### Eaton Vance Tax-Managed Value Fund (Series ID: S000005285)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000014437 | Eaton Vance Tax-Managed Value Fund Class A | EATVX           |
| C000014439 | Eaton Vance Tax-Managed Value Fund Class C | ECTVX           |
| C000058335 | Eaton Vance Tax-Managed Value Fund Class I | EITVX           |

### Eaton Vance Floating-Rate Fund (Series ID: S000005286)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000014440 | Eaton Vance Floating-Rate Fund Advisers Class | EABLX           |
| C000014441 | Eaton Vance Floating-Rate Fund Class A        | EVBLX           |
| C000014443 | Eaton Vance Floating-Rate Fund Class C        | ECBLX           |
| C000014444 | Eaton Vance Floating-Rate Fund Class I        | EIBLX           |
| C000177290 | Eaton Vance Floating-Rate Fund Class R6       | ESBLX           |

### Eaton Vance Floating-Rate & High Income Fund (Series ID: S000005287)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000014445 | Eaton Vance Floating-Rate & High Income Fund Advisers Class | EAFHX           |
| C000014446 | Eaton Vance Floating-Rate & High Income Fund Class A        | EVFHX           |
| C000014448 | Eaton Vance Floating-Rate & High Income Fund Class C        | ECFHX           |
| C000014449 | Eaton Vance Floating-Rate & High Income Fund Class I        | EIFHX           |
| C000171616 | Eaton Vance Floating-Rate & High Income Fund Class R6       | ESFHX           |

### Eaton Vance Government Opportunities Fund (Series ID: S000005288)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000014450 | Eaton Vance Government Opportunities Fund Class R | ERGOX           |
| C000014451 | Eaton Vance Government Opportunities Fund Class A | EVGOX           |
| C000014453 | Eaton Vance Government Opportunities Fund Class C | ECGOX           |
| C000077399 | Eaton Vance Government Opportunities Fund Class I | EIGOX           |

### Eaton Vance High Income Opportunities Fund (Series ID: S000005289)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000014454 | Eaton Vance High Income Opportunities Fund Class A  | ETHIX           |
| C000014456 | Eaton Vance High Income Opportunities Fund Class C  | ECHIX           |
| C000081635 | Eaton Vance High Income Opportunities Fund Class I  | EIHIX           |
| C000243418 | Eaton Vance High Income Opportunities Fund Class R6 | ERHIX           |

### Eaton Vance Short Duration Government Income Fund (Series ID: S000005290)

| Class ID   | Class Name                                                       | Ticker Symbol   |
|:---|:---|:---|
| C000014457 | Eaton Vance Short Duration Government Income Fund Class A        | EALDX           |
| C000014459 | Eaton Vance Short Duration Government Income Fund Class C        | ECLDX           |
| C000078260 | Eaton Vance Short Duration Government Income Fund Class I        | EILDX           |
| C000227652 | Eaton Vance Short Duration Government Income Fund Advisers Class |  |

### Eaton Vance Global Equity Income Fund (Series ID: S000005291)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000014460 | Eaton Vance Global Equity Income Fund Class A | EADIX           |
| C000014462 | Eaton Vance Global Equity Income Fund Class C | ECDIX           |
| C000054103 | Eaton Vance Global Equity Income Fund Class I | EIDIX           |

### Eaton Vance Tax-Managed Equity Asset Allocation Fund (Series ID: S000005292)

| Class ID   | Class Name                                                   | Ticker Symbol   |
|:---|:---|:---|
| C000014463 | Eaton Vance Tax-Managed Equity Asset Allocation Fund Class A | EAEAX           |
| C000014465 | Eaton Vance Tax-Managed Equity Asset Allocation Fund Class C | ECEAX           |
| C000162692 | Eaton Vance Tax-Managed Equity Asset Allocation Fund Class I | EIEAX           |

### Eaton Vance Strategic Income Fund (Series ID: S000005301)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000014479 | Eaton Vance Strategic Income Fund Class A | ETSIX           |
| C000014481 | Eaton Vance Strategic Income Fund Class C | ECSIX           |
| C000077400 | Eaton Vance Strategic Income Fund Class I | ESIIX           |
| C000080481 | Eaton Vance Strategic Income Fund Class R | ERSIX           |

### Eaton Vance Global Income Builder Fund (Series ID: S000008473)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000023227 | Eaton Vance Global Income Builder Fund Class A | EDIAX           |
| C000023228 | Eaton Vance Global Income Builder Fund Class C | EDICX           |
| C000023229 | Eaton Vance Global Income Builder Fund Class R | EDIRX           |
| C000023230 | Eaton Vance Global Income Builder Fund Class I | EDIIX           |

### Eaton Vance Global Macro Absolute Return Fund (Series ID: S000017966)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000049802 | Eaton Vance Global Macro Absolute Return Fund Class A  | EAGMX           |
| C000049803 | Eaton Vance Global Macro Absolute Return Fund Class I  | EIGMX           |
| C000081636 | Eaton Vance Global Macro Absolute Return Fund Class C  | ECGMX           |
| C000089783 | Eaton Vance Global Macro Absolute Return Fund Class R  | ERGMX           |
| C000191155 | Eaton Vance Global Macro Absolute Return Fund Class R6 | EGMSX           |

### Eaton Vance Diversified Currency Income Fund (Series ID: S000017967)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000049804 | Eaton Vance Diversified Currency Income Fund Class A | EAIIX           |
| C000100401 | Eaton Vance Diversified Currency Income Fund Class C | ECIMX           |
| C000100402 | Eaton Vance Diversified Currency Income Fund Class I | EIIMX           |

### Eaton Vance Emerging Markets Local Income Fund (Series ID: S000017968)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000049805 | Eaton Vance Emerging Markets Local Income Fund Class A        | EEIAX           |
| C000084543 | Eaton Vance Emerging Markets Local Income Fund Class I Shares | EEIIX           |
| C000092670 | Eaton Vance Emerging Markets Local Income Fund Class C        | EEICX           |

### Eaton Vance Floating-Rate Advantage Fund (Series ID: S000019373)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000053808 | Eaton Vance Floating-Rate Advantage Fund Advisers Class | EVFAX           |
| C000053809 | Eaton Vance Floating-Rate Advantage Fund Class A        | EAFAX           |
| C000053811 | Eaton Vance Floating-Rate Advantage Fund Class C        | ECFAX           |
| C000053812 | Eaton Vance Floating-Rate Advantage Fund Class I        | EIFAX           |
| C000213855 | Eaton Vance Floating-Rate Advantage Fund Class R6       |  |

### Eaton Vance Global Macro Absolute Return Advantage Fund (Series ID: S000029759)

| Class ID   | Class Name                                                       | Ticker Symbol   |
|:---|:---|:---|
| C000091467 | Eaton Vance Global Macro Absolute Return Advantage Fund Class A  | EGRAX           |
| C000091468 | Eaton Vance Global Macro Absolute Return Advantage Fund Class C  | EGRCX           |
| C000091469 | Eaton Vance Global Macro Absolute Return Advantage Fund Class I  | EGRIX           |
| C000096923 | Eaton Vance Global Macro Absolute Return Advantage Fund Class R  | EGRRX           |
| C000191156 | Eaton Vance Global Macro Absolute Return Advantage Fund Class R6 | EGRSX           |

### Eaton Vance Multi-Asset Credit Fund (Series ID: S000033949)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000104668 | Eaton Vance Multi-Asset Credit Fund Class A  | EAAMX           |
| C000104670 | Eaton Vance Multi-Asset Credit Fund Class I  | EIAMX           |
| C000104757 | Eaton Vance Multi-Asset Credit Fund Class C  | ECAMX           |
| C000215014 | Eaton Vance Multi-Asset Credit Fund Class R6 |  |

### Eaton Vance Short Duration High Income Fund (Series ID: S000042789)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000132340 | Eaton Vance Short Duration High Income Fund Class A | ESHAX           |
| C000132342 | Eaton Vance Short Duration High Income Fund Class I | ESHIX           |

### Eaton Vance Emerging and Frontier Countries Equity Fund (Series ID: S000047244)

| Class ID   | Class Name                                                      | Ticker Symbol   |
|:---|:---|:---|
| C000148037 | Eaton Vance Emerging and Frontier Countries Equity Fund Class A | EACOX           |
| C000148039 | Eaton Vance Emerging and Frontier Countries Equity Fund Class I | EICOX           |

?xml version='1.0' encoding='ASCII'? EATON VANCE MUTUAL FUNDS TRUST

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

### Form N-CSR

#### CERTIFIED SHAREHOLDER REPORT OF REGISTERED

#### MANAGEMENT INVESTMENT COMPANIES

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

## Eaton Vance Mutual Funds Trust

#### (Exact Name of Registrant as Specified in Charter)

#### One Post Office Square, Boston, Massachusetts 02109

#### (Address of Principal Executive Offices)

#### Deidre E. Walsh

#### One Post Office Square, Boston, Massachusetts 02109

#### (Name and Address of Agent for Services)
(617) 482-8260

#### (Registrant's Telephone Number)

#### October 31

#### Date of Fiscal Year End

#### April 30, 2026

#### Date of Reporting Period

------

#### Item 1. Reports to Stockholders
(a) ![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate & High Income Fund

# Advisers Class EAFHX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate & High Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Advisers Class | $54 | 1.08%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $612203152 |
| # of Portfolio Holdings (for Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio) | 1064 |
| Portfolio Turnover Rate | 1% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio, affiliated investment companies in which the Fund invests substantially all of its assets.

### Asset Allocation (% of net assets)
![Group By Asset Type Chart](g155804g53z56.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other Net Assets<sup>Footnote Reference\*</sup> | (0.4%) |
| Exchange-Traded Funds | 1.5% |
| Common Stocks | 1.6% |
| Asset-Backed Securities | 2.8% |
| Short-Term Investments | 6.5% |
| Corporate Bonds | 15.3% |
| Senior Floating-Rate Loans<sup>Footnote Reference†</sup> | 72.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Other Net Assets represents other assets less liabilities and includes any investment type less than 1% of net assets. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Net of unfunded loan commitments. |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g63u35.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 4.3% |
| CCC or Lower | 4.2% |
| B | 62.1% |
| BB | 19.3% |
| BBB | 2.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds for Eaton Vance Floating Rate Portfolio (FRP). FRP: Ratings are based on S&P Global Ratings ("S&P"); High Income Opportunities Portfolio: Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EAFHX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate & High Income Fund

# Class A EVFHX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate & High Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $54 | 1.08%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $612203152 |
| # of Portfolio Holdings (for Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio) | 1064 |
| Portfolio Turnover Rate | 1% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio, affiliated investment companies in which the Fund invests substantially all of its assets.

### Asset Allocation (% of net assets)
![Group By Asset Type Chart](g155804g53z56.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other Net Assets<sup>Footnote Reference\*</sup> | (0.4%) |
| Exchange-Traded Funds | 1.5% |
| Common Stocks | 1.6% |
| Asset-Backed Securities | 2.8% |
| Short-Term Investments | 6.5% |
| Corporate Bonds | 15.3% |
| Senior Floating-Rate Loans<sup>Footnote Reference†</sup> | 72.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Other Net Assets represents other assets less liabilities and includes any investment type less than 1% of net assets. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Net of unfunded loan commitments. |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g63u35.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 4.3% |
| CCC or Lower | 4.2% |
| B | 62.1% |
| BB | 19.3% |
| BBB | 2.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds for Eaton Vance Floating Rate Portfolio (FRP). FRP: Ratings are based on S&P Global Ratings ("S&P"); High Income Opportunities Portfolio: Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EVFHX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate & High Income Fund

# Class C ECFHX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate & High Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $91 | 1.83%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $612203152 |
| # of Portfolio Holdings (for Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio) | 1064 |
| Portfolio Turnover Rate | 1% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio, affiliated investment companies in which the Fund invests substantially all of its assets.

### Asset Allocation (% of net assets)
![Group By Asset Type Chart](g155804g53z56.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other Net Assets<sup>Footnote Reference\*</sup> | (0.4%) |
| Exchange-Traded Funds | 1.5% |
| Common Stocks | 1.6% |
| Asset-Backed Securities | 2.8% |
| Short-Term Investments | 6.5% |
| Corporate Bonds | 15.3% |
| Senior Floating-Rate Loans<sup>Footnote Reference†</sup> | 72.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Other Net Assets represents other assets less liabilities and includes any investment type less than 1% of net assets. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Net of unfunded loan commitments. |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g63u35.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 4.3% |
| CCC or Lower | 4.2% |
| B | 62.1% |
| BB | 19.3% |
| BBB | 2.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds for Eaton Vance Floating Rate Portfolio (FRP). FRP: Ratings are based on S&P Global Ratings ("S&P"); High Income Opportunities Portfolio: Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECFHX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate & High Income Fund

# Class I EIFHX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate & High Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $41 | 0.83%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $612203152 |
| # of Portfolio Holdings (for Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio) | 1064 |
| Portfolio Turnover Rate | 1% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio, affiliated investment companies in which the Fund invests substantially all of its assets.

### Asset Allocation (% of net assets)
![Group By Asset Type Chart](g155804g53z56.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other Net Assets<sup>Footnote Reference\*</sup> | (0.4%) |
| Exchange-Traded Funds | 1.5% |
| Common Stocks | 1.6% |
| Asset-Backed Securities | 2.8% |
| Short-Term Investments | 6.5% |
| Corporate Bonds | 15.3% |
| Senior Floating-Rate Loans<sup>Footnote Reference†</sup> | 72.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Other Net Assets represents other assets less liabilities and includes any investment type less than 1% of net assets. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Net of unfunded loan commitments. |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g63u35.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 4.3% |
| CCC or Lower | 4.2% |
| B | 62.1% |
| BB | 19.3% |
| BBB | 2.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds for Eaton Vance Floating Rate Portfolio (FRP). FRP: Ratings are based on S&P Global Ratings ("S&P"); High Income Opportunities Portfolio: Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EIFHX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate & High Income Fund

# Class R6 ESFHX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate & High Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R6 | $39 | 0.78%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $612203152 |
| # of Portfolio Holdings (for Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio) | 1064 |
| Portfolio Turnover Rate | 1% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Eaton Vance Floating Rate Portfolio and High Income Opportunities Portfolio, affiliated investment companies in which the Fund invests substantially all of its assets.

### Asset Allocation (% of net assets)
![Group By Asset Type Chart](g155804g53z56.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other Net Assets<sup>Footnote Reference\*</sup> | (0.4%) |
| Exchange-Traded Funds | 1.5% |
| Common Stocks | 1.6% |
| Asset-Backed Securities | 2.8% |
| Short-Term Investments | 6.5% |
| Corporate Bonds | 15.3% |
| Senior Floating-Rate Loans<sup>Footnote Reference†</sup> | 72.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Other Net Assets represents other assets less liabilities and includes any investment type less than 1% of net assets. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Net of unfunded loan commitments. |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g63u35.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 4.3% |
| CCC or Lower | 4.2% |
| B | 62.1% |
| BB | 19.3% |
| BBB | 2.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds for Eaton Vance Floating Rate Portfolio (FRP). FRP: Ratings are based on S&P Global Ratings ("S&P"); High Income Opportunities Portfolio: Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ESFHX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate Fund

# Advisers Class EABLX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Advisers Class | $56 | 1.12%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Eaton Vance Floating Rate Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3081120961 |
| # of Portfolio Holdings (for Eaton Vance Floating Rate Portfolio) | 569 |
| Portfolio Turnover Rate (for Eaton Vance Floating Rate Portfolio) | 19% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Eaton Vance Floating Rate Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g42y16.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Exchange-Traded Funds | 1.5% |
| Common Stocks | 1.5% |
| Asset-Backed Securities | 2.9% |
| Corporate Bonds | 4.2% |
| Short-Term Investments | 6.8% |
| Senior Floating-Rate Loans | 82.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g79l78.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 3.7% |
| CCC or Lower | 3.4% |
| B | 66.1% |
| BB | 15.5% |
| BBB | 2.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds. Ratings are categorized using S&P Global Ratings ("S&P"), with ratings ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by S&P. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EABLX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate Fund

# Class A EVBLX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $57 | 1.15%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Eaton Vance Floating Rate Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3081120961 |
| # of Portfolio Holdings (for Eaton Vance Floating Rate Portfolio) | 569 |
| Portfolio Turnover Rate (for Eaton Vance Floating Rate Portfolio) | 19% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Eaton Vance Floating Rate Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g42y16.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Exchange-Traded Funds | 1.5% |
| Common Stocks | 1.5% |
| Asset-Backed Securities | 2.9% |
| Corporate Bonds | 4.2% |
| Short-Term Investments | 6.8% |
| Senior Floating-Rate Loans | 82.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g79l78.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 3.7% |
| CCC or Lower | 3.4% |
| B | 66.1% |
| BB | 15.5% |
| BBB | 2.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds. Ratings are categorized using S&P Global Ratings ("S&P"), with ratings ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by S&P. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EVBLX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate Fund

# Class C ECBLX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $94 | 1.90%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Eaton Vance Floating Rate Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3081120961 |
| # of Portfolio Holdings (for Eaton Vance Floating Rate Portfolio) | 569 |
| Portfolio Turnover Rate (for Eaton Vance Floating Rate Portfolio) | 19% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Eaton Vance Floating Rate Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g42y16.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Exchange-Traded Funds | 1.5% |
| Common Stocks | 1.5% |
| Asset-Backed Securities | 2.9% |
| Corporate Bonds | 4.2% |
| Short-Term Investments | 6.8% |
| Senior Floating-Rate Loans | 82.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g79l78.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 3.7% |
| CCC or Lower | 3.4% |
| B | 66.1% |
| BB | 15.5% |
| BBB | 2.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds. Ratings are categorized using S&P Global Ratings ("S&P"), with ratings ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by S&P. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECBLX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate Fund

# Class I EIBLX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $44 | 0.89%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Eaton Vance Floating Rate Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3081120961 |
| # of Portfolio Holdings (for Eaton Vance Floating Rate Portfolio) | 569 |
| Portfolio Turnover Rate (for Eaton Vance Floating Rate Portfolio) | 19% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Eaton Vance Floating Rate Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g42y16.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Exchange-Traded Funds | 1.5% |
| Common Stocks | 1.5% |
| Asset-Backed Securities | 2.9% |
| Corporate Bonds | 4.2% |
| Short-Term Investments | 6.8% |
| Senior Floating-Rate Loans | 82.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g79l78.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 3.7% |
| CCC or Lower | 3.4% |
| B | 66.1% |
| BB | 15.5% |
| BBB | 2.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds. Ratings are categorized using S&P Global Ratings ("S&P"), with ratings ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by S&P. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EIBLX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate Fund

# Class R6 ESBLX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R6 | $41 | 0.82%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Eaton Vance Floating Rate Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3081120961 |
| # of Portfolio Holdings (for Eaton Vance Floating Rate Portfolio) | 569 |
| Portfolio Turnover Rate (for Eaton Vance Floating Rate Portfolio) | 19% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Eaton Vance Floating Rate Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g42y16.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Exchange-Traded Funds | 1.5% |
| Common Stocks | 1.5% |
| Asset-Backed Securities | 2.9% |
| Corporate Bonds | 4.2% |
| Short-Term Investments | 6.8% |
| Senior Floating-Rate Loans | 82.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g79l78.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 3.7% |
| CCC or Lower | 3.4% |
| B | 66.1% |
| BB | 15.5% |
| BBB | 2.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds. Ratings are categorized using S&P Global Ratings ("S&P"), with ratings ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by S&P. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ESBLX-TSR-SAR

# Eaton Vance Global Macro Absolute Return Fund
![Image](g155804g37l77.jpg)

# Class A EAGMX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Macro Absolute Return Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $72 | 1.41%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3795258635 |
| # of Portfolio Holdings (including derivatives) (for Global Macro Portfolio) | 1455 |
| Portfolio Turnover Rate (for Global Macro Portfolio) | 89% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g55n38.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 2.0% |
| Insurance Linked Securities | 1.2% |
| Senior Floating-Rate Loans | 1.2% |
| Foreign Corporate Bonds | 5.4% |
| Common Stocks | 5.5% |
| Sovereign Government Bonds | 32.0% |
| Short-Term Investments | 52.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 6.7% |
| Hungary | 5.4% |
| Nigeria | 5.3% |
| Uzbekistan | 4.1% |
| Taiwan | 2.5% |
| Brazil | 2.2% |
| Iceland | 1.8% |
| Egypt | 1.6% |
| Armenia | 1.4% |
| Zambia | 1.4% |
| Other | 8.8% |
| Total Long Exposure | 41.2% |

---

---

| | |
|:---|:---|
| Saudi Arabia | (5.6)% |
| United Arab Emirates | (7.8)% |
| Euro | (9.3)% |
| Other | (10.7)% |
| Total Short Exposure | (33.4)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EAGMX-TSR-SAR

# Eaton Vance Global Macro Absolute Return Fund
![Image](g155804g37l77.jpg)

# Class C ECGMX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Macro Absolute Return Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $110 | 2.16%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3795258635 |
| # of Portfolio Holdings (including derivatives) (for Global Macro Portfolio) | 1455 |
| Portfolio Turnover Rate (for Global Macro Portfolio) | 89% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g55n38.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 2.0% |
| Insurance Linked Securities | 1.2% |
| Senior Floating-Rate Loans | 1.2% |
| Foreign Corporate Bonds | 5.4% |
| Common Stocks | 5.5% |
| Sovereign Government Bonds | 32.0% |
| Short-Term Investments | 52.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 6.7% |
| Hungary | 5.4% |
| Nigeria | 5.3% |
| Uzbekistan | 4.1% |
| Taiwan | 2.5% |
| Brazil | 2.2% |
| Iceland | 1.8% |
| Egypt | 1.6% |
| Armenia | 1.4% |
| Zambia | 1.4% |
| Other | 8.8% |
| Total Long Exposure | 41.2% |

---

---

| | |
|:---|:---|
| Saudi Arabia | (5.6)% |
| United Arab Emirates | (7.8)% |
| Euro | (9.3)% |
| Other | (10.7)% |
| Total Short Exposure | (33.4)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECGMX-TSR-SAR

# Eaton Vance Global Macro Absolute Return Fund
![Image](g155804g37l77.jpg)

# Class I EIGMX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Macro Absolute Return Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $60 | 1.17%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3795258635 |
| # of Portfolio Holdings (including derivatives) (for Global Macro Portfolio) | 1455 |
| Portfolio Turnover Rate (for Global Macro Portfolio) | 89% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g55n38.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 2.0% |
| Insurance Linked Securities | 1.2% |
| Senior Floating-Rate Loans | 1.2% |
| Foreign Corporate Bonds | 5.4% |
| Common Stocks | 5.5% |
| Sovereign Government Bonds | 32.0% |
| Short-Term Investments | 52.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 6.7% |
| Hungary | 5.4% |
| Nigeria | 5.3% |
| Uzbekistan | 4.1% |
| Taiwan | 2.5% |
| Brazil | 2.2% |
| Iceland | 1.8% |
| Egypt | 1.6% |
| Armenia | 1.4% |
| Zambia | 1.4% |
| Other | 8.8% |
| Total Long Exposure | 41.2% |

---

---

| | |
|:---|:---|
| Saudi Arabia | (5.6)% |
| United Arab Emirates | (7.8)% |
| Euro | (9.3)% |
| Other | (10.7)% |
| Total Short Exposure | (33.4)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EIGMX-TSR-SAR

# Eaton Vance Global Macro Absolute Return Fund
![Image](g155804g37l77.jpg)

# Class R ERGMX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Macro Absolute Return Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R | $85 | 1.67%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3795258635 |
| # of Portfolio Holdings (including derivatives) (for Global Macro Portfolio) | 1455 |
| Portfolio Turnover Rate (for Global Macro Portfolio) | 89% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g55n38.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 2.0% |
| Insurance Linked Securities | 1.2% |
| Senior Floating-Rate Loans | 1.2% |
| Foreign Corporate Bonds | 5.4% |
| Common Stocks | 5.5% |
| Sovereign Government Bonds | 32.0% |
| Short-Term Investments | 52.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 6.7% |
| Hungary | 5.4% |
| Nigeria | 5.3% |
| Uzbekistan | 4.1% |
| Taiwan | 2.5% |
| Brazil | 2.2% |
| Iceland | 1.8% |
| Egypt | 1.6% |
| Armenia | 1.4% |
| Zambia | 1.4% |
| Other | 8.8% |
| Total Long Exposure | 41.2% |

---

---

| | |
|:---|:---|
| Saudi Arabia | (5.6)% |
| United Arab Emirates | (7.8)% |
| Euro | (9.3)% |
| Other | (10.7)% |
| Total Short Exposure | (33.4)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ERGMX-TSR-SAR

# Eaton Vance Global Macro Absolute Return Fund
![Image](g155804g37l77.jpg)

# Class R6 EGMSX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Macro Absolute Return Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R6 | $55 | 1.07%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3795258635 |
| # of Portfolio Holdings (including derivatives) (for Global Macro Portfolio) | 1455 |
| Portfolio Turnover Rate (for Global Macro Portfolio) | 89% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g55n38.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 2.0% |
| Insurance Linked Securities | 1.2% |
| Senior Floating-Rate Loans | 1.2% |
| Foreign Corporate Bonds | 5.4% |
| Common Stocks | 5.5% |
| Sovereign Government Bonds | 32.0% |
| Short-Term Investments | 52.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 6.7% |
| Hungary | 5.4% |
| Nigeria | 5.3% |
| Uzbekistan | 4.1% |
| Taiwan | 2.5% |
| Brazil | 2.2% |
| Iceland | 1.8% |
| Egypt | 1.6% |
| Armenia | 1.4% |
| Zambia | 1.4% |
| Other | 8.8% |
| Total Long Exposure | 41.2% |

---

---

| | |
|:---|:---|
| Saudi Arabia | (5.6)% |
| United Arab Emirates | (7.8)% |
| Euro | (9.3)% |
| Other | (10.7)% |
| Total Short Exposure | (33.4)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EGMSX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Government Opportunities Fund

# Class A EVGOX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Government Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $103 | 2.05%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $430489752 |
| # of Portfolio Holdings | 438 |
| Portfolio Turnover Rate | 170% |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g44a04.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Short-Term Investments | 0.3% |
| Asset-Backed Securities | 1.4% |
| Government National Mortgage Association Participation Agreements | 2.9% |
| U.S. Government Agency Mortgage-Backed Securities | 41.7% |
| Collateralized Mortgage Obligations | 53.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EVGOX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Government Opportunities Fund

# Class C ECGOX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Government Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $140 | 2.80%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $430489752 |
| # of Portfolio Holdings | 438 |
| Portfolio Turnover Rate | 170% |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g44a04.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Short-Term Investments | 0.3% |
| Asset-Backed Securities | 1.4% |
| Government National Mortgage Association Participation Agreements | 2.9% |
| U.S. Government Agency Mortgage-Backed Securities | 41.7% |
| Collateralized Mortgage Obligations | 53.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECGOX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Government Opportunities Fund

# Class I EIGOX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Government Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $90 | 1.80%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $430489752 |
| # of Portfolio Holdings | 438 |
| Portfolio Turnover Rate | 170% |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g44a04.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Short-Term Investments | 0.3% |
| Asset-Backed Securities | 1.4% |
| Government National Mortgage Association Participation Agreements | 2.9% |
| U.S. Government Agency Mortgage-Backed Securities | 41.7% |
| Collateralized Mortgage Obligations | 53.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EIGOX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Government Opportunities Fund

# Class R ERGOX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Government Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R | $115 | 2.30%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $430489752 |
| # of Portfolio Holdings | 438 |
| Portfolio Turnover Rate | 170% |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g44a04.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Short-Term Investments | 0.3% |
| Asset-Backed Securities | 1.4% |
| Government National Mortgage Association Participation Agreements | 2.9% |
| U.S. Government Agency Mortgage-Backed Securities | 41.7% |
| Collateralized Mortgage Obligations | 53.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ERGOX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance High Income Opportunities Fund

# Class A ETHIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance High Income Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $45 | 0.89%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and High Income Opportunities Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $1042820892 |
| # of Portfolio Holdings (for High Income Opportunities Portfolio) | 495 |
| Portfolio Turnover Rate (for High Income Opportunities Portfolio) | 14% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of High Income Opportunities Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g56o26.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.6% |
| Exchange-Traded Funds | 1.4% |
| Common Stocks | 2.0% |
| Asset-Backed Securities | 2.0% |
| Short-Term Investments | 3.9% |
| Senior Floating-Rate Loans | 7.8% |
| Corporate Bonds | 81.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of total investments)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g17b86.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 7.5% |
| CCC or Lower | 9.3% |
| B | 36.5% |
| BB | 43.2% |
| BBB | 3.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments. Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ETHIX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance High Income Opportunities Fund

# Class C ECHIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance High Income Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $82 | 1.64%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and High Income Opportunities Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $1042820892 |
| # of Portfolio Holdings (for High Income Opportunities Portfolio) | 495 |
| Portfolio Turnover Rate (for High Income Opportunities Portfolio) | 14% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of High Income Opportunities Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g56o26.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.6% |
| Exchange-Traded Funds | 1.4% |
| Common Stocks | 2.0% |
| Asset-Backed Securities | 2.0% |
| Short-Term Investments | 3.9% |
| Senior Floating-Rate Loans | 7.8% |
| Corporate Bonds | 81.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of total investments)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g17b86.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 7.5% |
| CCC or Lower | 9.3% |
| B | 36.5% |
| BB | 43.2% |
| BBB | 3.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments. Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECHIX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance High Income Opportunities Fund

# Class I EIHIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance High Income Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $32 | 0.64%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and High Income Opportunities Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $1042820892 |
| # of Portfolio Holdings (for High Income Opportunities Portfolio) | 495 |
| Portfolio Turnover Rate (for High Income Opportunities Portfolio) | 14% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of High Income Opportunities Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g56o26.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.6% |
| Exchange-Traded Funds | 1.4% |
| Common Stocks | 2.0% |
| Asset-Backed Securities | 2.0% |
| Short-Term Investments | 3.9% |
| Senior Floating-Rate Loans | 7.8% |
| Corporate Bonds | 81.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of total investments)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g17b86.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 7.5% |
| CCC or Lower | 9.3% |
| B | 36.5% |
| BB | 43.2% |
| BBB | 3.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments. Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EIHIX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance High Income Opportunities Fund

# Class R6 ERHIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance High Income Opportunities Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R6 | $28 | 0.55%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and High Income Opportunities Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $1042820892 |
| # of Portfolio Holdings (for High Income Opportunities Portfolio) | 495 |
| Portfolio Turnover Rate (for High Income Opportunities Portfolio) | 14% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of High Income Opportunities Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g56o26.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.6% |
| Exchange-Traded Funds | 1.4% |
| Common Stocks | 2.0% |
| Asset-Backed Securities | 2.0% |
| Short-Term Investments | 3.9% |
| Senior Floating-Rate Loans | 7.8% |
| Corporate Bonds | 81.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of total investments)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g17b86.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 7.5% |
| CCC or Lower | 9.3% |
| B | 36.5% |
| BB | 43.2% |
| BBB | 3.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments. Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ERHIX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Short Duration Government Income Fund

# Advisers Class EASDX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Short Duration Government Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Advisers Class | $44 | 0.87%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3146366906 |
| # of Portfolio Holdings | 828 |
| Portfolio Turnover Rate | 362% |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g63x51.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.9% |
| U.S. Department of Agriculture Loans | 1.2% |
| Government National Mortgage Association Participation Agreements | 2.2% |
| Collateralized Mortgage Obligations | 39.3% |
| U.S. Government Agency Mortgage-Backed Securities | 56.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EASDX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Short Duration Government Income Fund

# Class A EALDX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Short Duration Government Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $44 | 0.87%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3146366906 |
| # of Portfolio Holdings | 828 |
| Portfolio Turnover Rate | 362% |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g63x51.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.9% |
| U.S. Department of Agriculture Loans | 1.2% |
| Government National Mortgage Association Participation Agreements | 2.2% |
| Collateralized Mortgage Obligations | 39.3% |
| U.S. Government Agency Mortgage-Backed Securities | 56.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EALDX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Short Duration Government Income Fund

# Class C ECLDX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Short Duration Government Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $74 | 1.47%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3146366906 |
| # of Portfolio Holdings | 828 |
| Portfolio Turnover Rate | 362% |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g63x51.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.9% |
| U.S. Department of Agriculture Loans | 1.2% |
| Government National Mortgage Association Participation Agreements | 2.2% |
| Collateralized Mortgage Obligations | 39.3% |
| U.S. Government Agency Mortgage-Backed Securities | 56.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECLDX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Short Duration Government Income Fund

# Class I EILDX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Short Duration Government Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $31 | 0.62%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3146366906 |
| # of Portfolio Holdings | 828 |
| Portfolio Turnover Rate | 362% |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g63x51.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.9% |
| U.S. Department of Agriculture Loans | 1.2% |
| Government National Mortgage Association Participation Agreements | 2.2% |
| Collateralized Mortgage Obligations | 39.3% |
| U.S. Government Agency Mortgage-Backed Securities | 56.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EILDX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Strategic Income Fund

# Class A ETSIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Strategic Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $56 | 1.10%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Emerging Markets Local Income Portfolio, Global Macro Absolute Return Advantage Portfolio, Global Opportunities Portfolio, High Income Opportunities Portfolio, International Income Portfolio and Senior Debt Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $17750389268 |
| # of Portfolio Holdings (for the Fund and Portfolios) | 5736 |
| Portfolio Turnover Rate<sup>Footnote Reference1</sup> | 13% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund. |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments in the Asset Allocation table are to the Fund's pro rata share of the investments of the Portfolios and to securities held directly by the Fund.

### Asset Allocation (% of net assets)
![Group By Asset Type Chart](g155804g58c20.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other Net Assets<sup>Footnote Reference\*</sup> | (17.5%) |
| Government National Mortgage Association Participation Agreements | 1.1% |
| Convertible Bonds | 1.8% |
| Common Stocks | 2.1% |
| Investments in Affiliated Investment Funds | 2.1% |
| Insurance Linked Securities | 3.0% |
| Senior Floating-Rate Loans<sup>Footnote Reference†</sup> | 4.7% |
| Foreign Corporate Bonds | 5.3% |
| Commercial Mortgage-Backed Securities | 5.3% |
| Asset-Backed Securities | 5.5% |
| Corporate Bonds | 7.8% |
| Sovereign Government Bonds<sup>Footnote Reference‡</sup> | 11.7% |
| Short-Term Investments | 16.7% |
| U.S. Government Agency Mortgage-Backed Securities<sup>Footnote Reference§</sup> | 19.9% |
| Collateralized Mortgage Obligations | 30.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Other Net Assets represents other assets less liabilities and includes any investment type less than 1% of net assets. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Net of unfunded loan commitments. |
| &nbsp;&nbsp;Footnote<sup>‡</sup> | &nbsp;&nbsp;Net of securities sold short. |
| &nbsp;&nbsp;Footnote<sup>§</sup> | &nbsp;&nbsp;Net of TBA sale commitments. |

---

### Portfolio Allocation (% of total investments)
![Credit Rating Chart](g155804g78k11.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Emerging Markets Local Income Portfolio | 0.8% |
| International Income Portfolio | 1.0% |
| Eaton Vance Emerging Markets Debt Opportunities Fund, Class R6 | 2.1% |
| Senior Debt Portfolio | 3.0% |
| High Income Opportunities Portfolio | 4.7% |
| Global Macro Absolute Return Advantage Portfolio | 12.6% |
| Global Opportunities Portfolio | 75.8% |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ETSIX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Strategic Income Fund

# Class C ECSIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Strategic Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $93 | 1.85%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Emerging Markets Local Income Portfolio, Global Macro Absolute Return Advantage Portfolio, Global Opportunities Portfolio, High Income Opportunities Portfolio, International Income Portfolio and Senior Debt Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $17750389268 |
| # of Portfolio Holdings (for the Fund and Portfolios) | 5736 |
| Portfolio Turnover Rate<sup>Footnote Reference1</sup> | 13% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund. |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments in the Asset Allocation table are to the Fund's pro rata share of the investments of the Portfolios and to securities held directly by the Fund.

### Asset Allocation (% of net assets)
![Group By Asset Type Chart](g155804g58c20.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other Net Assets<sup>Footnote Reference\*</sup> | (17.5%) |
| Government National Mortgage Association Participation Agreements | 1.1% |
| Convertible Bonds | 1.8% |
| Common Stocks | 2.1% |
| Investments in Affiliated Investment Funds | 2.1% |
| Insurance Linked Securities | 3.0% |
| Senior Floating-Rate Loans<sup>Footnote Reference†</sup> | 4.7% |
| Foreign Corporate Bonds | 5.3% |
| Commercial Mortgage-Backed Securities | 5.3% |
| Asset-Backed Securities | 5.5% |
| Corporate Bonds | 7.8% |
| Sovereign Government Bonds<sup>Footnote Reference‡</sup> | 11.7% |
| Short-Term Investments | 16.7% |
| U.S. Government Agency Mortgage-Backed Securities<sup>Footnote Reference§</sup> | 19.9% |
| Collateralized Mortgage Obligations | 30.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Other Net Assets represents other assets less liabilities and includes any investment type less than 1% of net assets. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Net of unfunded loan commitments. |
| &nbsp;&nbsp;Footnote<sup>‡</sup> | &nbsp;&nbsp;Net of securities sold short. |
| &nbsp;&nbsp;Footnote<sup>§</sup> | &nbsp;&nbsp;Net of TBA sale commitments. |

---

### Portfolio Allocation (% of total investments)
![Credit Rating Chart](g155804g78k11.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Emerging Markets Local Income Portfolio | 0.8% |
| International Income Portfolio | 1.0% |
| Eaton Vance Emerging Markets Debt Opportunities Fund, Class R6 | 2.1% |
| Senior Debt Portfolio | 3.0% |
| High Income Opportunities Portfolio | 4.7% |
| Global Macro Absolute Return Advantage Portfolio | 12.6% |
| Global Opportunities Portfolio | 75.8% |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECSIX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Strategic Income Fund

# Class I ESIIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Strategic Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $43 | 0.85%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Emerging Markets Local Income Portfolio, Global Macro Absolute Return Advantage Portfolio, Global Opportunities Portfolio, High Income Opportunities Portfolio, International Income Portfolio and Senior Debt Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $17750389268 |
| # of Portfolio Holdings (for the Fund and Portfolios) | 5736 |
| Portfolio Turnover Rate<sup>Footnote Reference1</sup> | 13% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund. |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments in the Asset Allocation table are to the Fund's pro rata share of the investments of the Portfolios and to securities held directly by the Fund.

### Asset Allocation (% of net assets)
![Group By Asset Type Chart](g155804g58c20.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other Net Assets<sup>Footnote Reference\*</sup> | (17.5%) |
| Government National Mortgage Association Participation Agreements | 1.1% |
| Convertible Bonds | 1.8% |
| Common Stocks | 2.1% |
| Investments in Affiliated Investment Funds | 2.1% |
| Insurance Linked Securities | 3.0% |
| Senior Floating-Rate Loans<sup>Footnote Reference†</sup> | 4.7% |
| Foreign Corporate Bonds | 5.3% |
| Commercial Mortgage-Backed Securities | 5.3% |
| Asset-Backed Securities | 5.5% |
| Corporate Bonds | 7.8% |
| Sovereign Government Bonds<sup>Footnote Reference‡</sup> | 11.7% |
| Short-Term Investments | 16.7% |
| U.S. Government Agency Mortgage-Backed Securities<sup>Footnote Reference§</sup> | 19.9% |
| Collateralized Mortgage Obligations | 30.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Other Net Assets represents other assets less liabilities and includes any investment type less than 1% of net assets. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Net of unfunded loan commitments. |
| &nbsp;&nbsp;Footnote<sup>‡</sup> | &nbsp;&nbsp;Net of securities sold short. |
| &nbsp;&nbsp;Footnote<sup>§</sup> | &nbsp;&nbsp;Net of TBA sale commitments. |

---

### Portfolio Allocation (% of total investments)
![Credit Rating Chart](g155804g78k11.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Emerging Markets Local Income Portfolio | 0.8% |
| International Income Portfolio | 1.0% |
| Eaton Vance Emerging Markets Debt Opportunities Fund, Class R6 | 2.1% |
| Senior Debt Portfolio | 3.0% |
| High Income Opportunities Portfolio | 4.7% |
| Global Macro Absolute Return Advantage Portfolio | 12.6% |
| Global Opportunities Portfolio | 75.8% |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ESIIX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Strategic Income Fund

# Class R ERSIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Strategic Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R | $68 | 1.35%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Emerging Markets Local Income Portfolio, Global Macro Absolute Return Advantage Portfolio, Global Opportunities Portfolio, High Income Opportunities Portfolio, International Income Portfolio and Senior Debt Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $17750389268 |
| # of Portfolio Holdings (for the Fund and Portfolios) | 5736 |
| Portfolio Turnover Rate<sup>Footnote Reference1</sup> | 13% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund. |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments in the Asset Allocation table are to the Fund's pro rata share of the investments of the Portfolios and to securities held directly by the Fund.

### Asset Allocation (% of net assets)
![Group By Asset Type Chart](g155804g58c20.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other Net Assets<sup>Footnote Reference\*</sup> | (17.5%) |
| Government National Mortgage Association Participation Agreements | 1.1% |
| Convertible Bonds | 1.8% |
| Common Stocks | 2.1% |
| Investments in Affiliated Investment Funds | 2.1% |
| Insurance Linked Securities | 3.0% |
| Senior Floating-Rate Loans<sup>Footnote Reference†</sup> | 4.7% |
| Foreign Corporate Bonds | 5.3% |
| Commercial Mortgage-Backed Securities | 5.3% |
| Asset-Backed Securities | 5.5% |
| Corporate Bonds | 7.8% |
| Sovereign Government Bonds<sup>Footnote Reference‡</sup> | 11.7% |
| Short-Term Investments | 16.7% |
| U.S. Government Agency Mortgage-Backed Securities<sup>Footnote Reference§</sup> | 19.9% |
| Collateralized Mortgage Obligations | 30.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Other Net Assets represents other assets less liabilities and includes any investment type less than 1% of net assets. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Net of unfunded loan commitments. |
| &nbsp;&nbsp;Footnote<sup>‡</sup> | &nbsp;&nbsp;Net of securities sold short. |
| &nbsp;&nbsp;Footnote<sup>§</sup> | &nbsp;&nbsp;Net of TBA sale commitments. |

---

### Portfolio Allocation (% of total investments)
![Credit Rating Chart](g155804g78k11.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Emerging Markets Local Income Portfolio | 0.8% |
| International Income Portfolio | 1.0% |
| Eaton Vance Emerging Markets Debt Opportunities Fund, Class R6 | 2.1% |
| Senior Debt Portfolio | 3.0% |
| High Income Opportunities Portfolio | 4.7% |
| Global Macro Absolute Return Advantage Portfolio | 12.6% |
| Global Opportunities Portfolio | 75.8% |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ERSIX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Tax-Managed Equity Asset Allocation Fund

# Class A EAEAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Equity Asset Allocation Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $56 | 1.09%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Growth Portfolio, Tax-Managed Value Portfolio, Tax-Managed Multi-Cap Growth Portfolio and Tax-Managed Small-Cap Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $892869638 |
| # of Portfolio Holdings | 70 |
| Portfolio Turnover Rate<sup>Footnote Reference1</sup> | 2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund. |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g87v31.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference\*</sup> | 0.4% |
| Debt Obligations<sup>Footnote Reference†</sup> | 3.7% |
| Tax-Managed Small-Cap Portfolio | 8.1% |
| Affiliated Investment Funds | 9.2% |
| Tax-Managed Multi-Cap Growth Portfolio | 16.0% |
| Tax-Managed Value Portfolio | 28.5% |
| Tax-Managed Growth Portfolio | 34.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Investment types less than 1% each. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Debt obligations are hybrid instruments, as determined by the investment adviser. These instruments have characteristics of both equity and debt. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EAEAX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Tax-Managed Equity Asset Allocation Fund

# Class C ECEAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Equity Asset Allocation Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $94 | 1.84%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Growth Portfolio, Tax-Managed Value Portfolio, Tax-Managed Multi-Cap Growth Portfolio and Tax-Managed Small-Cap Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $892869638 |
| # of Portfolio Holdings | 70 |
| Portfolio Turnover Rate<sup>Footnote Reference1</sup> | 2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund. |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g87v31.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference\*</sup> | 0.4% |
| Debt Obligations<sup>Footnote Reference†</sup> | 3.7% |
| Tax-Managed Small-Cap Portfolio | 8.1% |
| Affiliated Investment Funds | 9.2% |
| Tax-Managed Multi-Cap Growth Portfolio | 16.0% |
| Tax-Managed Value Portfolio | 28.5% |
| Tax-Managed Growth Portfolio | 34.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Investment types less than 1% each. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Debt obligations are hybrid instruments, as determined by the investment adviser. These instruments have characteristics of both equity and debt. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECEAX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Tax-Managed Equity Asset Allocation Fund

# Class I EIEAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Equity Asset Allocation Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $43 | 0.84%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Growth Portfolio, Tax-Managed Value Portfolio, Tax-Managed Multi-Cap Growth Portfolio and Tax-Managed Small-Cap Portfolio, the Portfolios in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $892869638 |
| # of Portfolio Holdings | 70 |
| Portfolio Turnover Rate<sup>Footnote Reference1</sup> | 2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund. |

---

## What did the Fund invest in?
The following table reflects what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Credit Rating Chart](g155804g87v31.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference\*</sup> | 0.4% |
| Debt Obligations<sup>Footnote Reference†</sup> | 3.7% |
| Tax-Managed Small-Cap Portfolio | 8.1% |
| Affiliated Investment Funds | 9.2% |
| Tax-Managed Multi-Cap Growth Portfolio | 16.0% |
| Tax-Managed Value Portfolio | 28.5% |
| Tax-Managed Growth Portfolio | 34.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Investment types less than 1% each. |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Debt obligations are hybrid instruments, as determined by the investment adviser. These instruments have characteristics of both equity and debt. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EIEAX-TSR-SAR

# Eaton Vance Tax-Managed Value Fund
![Image](g155804g49m84.jpg)

# Class A EATVX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $61 | 1.15%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Value Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $918556629 |
| # of Portfolio Holdings (for Tax-Managed Value Portfolio) | 71 |
| Portfolio Turnover Rate (for Tax-Managed Value Portfolio) | 10% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Tax-Managed Value Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Sector Allocation (% of total investments)
![Group By Country Chart](g155804g30n98.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Short-Term Investments | 0.3% |
| Real Estate | 0.8% |
| Consumer Staples | 4.3% |
| Materials | 5.3% |
| Utilities | 5.5% |
| Communication Services | 6.9% |
| Energy | 8.5% |
| Consumer Discretionary | 9.7% |
| Health Care | 10.3% |
| Information Technology | 13.5% |
| Industrials | 14.6% |
| Financials | 20.3% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;5.3% |
| &nbsp;&nbsp;Alphabet, Inc., Class A | &nbsp;&nbsp;4.4% |
| &nbsp;&nbsp;Chevron Corp. | &nbsp;&nbsp;4.1% |
| &nbsp;&nbsp;JPMorgan Chase & Co. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;3.3% |
| &nbsp;&nbsp;Intel Corp. | &nbsp;&nbsp;3.3% |
| &nbsp;&nbsp;PNC Financial Services Group, Inc. | &nbsp;&nbsp;2.7% |
| &nbsp;&nbsp;Parker-Hannifin Corp. | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;Westinghouse Air Brake Technologies Corp. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;NextEra Energy, Inc. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;34.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EATVX-TSR-SAR

# Eaton Vance Tax-Managed Value Fund
![Image](g155804g49m84.jpg)

# Class C ECTVX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $100 | 1.90%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Value Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $918556629 |
| # of Portfolio Holdings (for Tax-Managed Value Portfolio) | 71 |
| Portfolio Turnover Rate (for Tax-Managed Value Portfolio) | 10% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Tax-Managed Value Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Sector Allocation (% of total investments)
![Group By Country Chart](g155804g30n98.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Short-Term Investments | 0.3% |
| Real Estate | 0.8% |
| Consumer Staples | 4.3% |
| Materials | 5.3% |
| Utilities | 5.5% |
| Communication Services | 6.9% |
| Energy | 8.5% |
| Consumer Discretionary | 9.7% |
| Health Care | 10.3% |
| Information Technology | 13.5% |
| Industrials | 14.6% |
| Financials | 20.3% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;5.3% |
| &nbsp;&nbsp;Alphabet, Inc., Class A | &nbsp;&nbsp;4.4% |
| &nbsp;&nbsp;Chevron Corp. | &nbsp;&nbsp;4.1% |
| &nbsp;&nbsp;JPMorgan Chase & Co. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;3.3% |
| &nbsp;&nbsp;Intel Corp. | &nbsp;&nbsp;3.3% |
| &nbsp;&nbsp;PNC Financial Services Group, Inc. | &nbsp;&nbsp;2.7% |
| &nbsp;&nbsp;Parker-Hannifin Corp. | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;Westinghouse Air Brake Technologies Corp. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;NextEra Energy, Inc. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;34.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

ECTVX-TSR-SAR

# Eaton Vance Tax-Managed Value Fund
![Image](g155804g49m84.jpg)

# Class I EITVX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Value Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $48 | 0.90%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Value Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $918556629 |
| # of Portfolio Holdings (for Tax-Managed Value Portfolio) | 71 |
| Portfolio Turnover Rate (for Tax-Managed Value Portfolio) | 10% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Tax-Managed Value Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Sector Allocation (% of total investments)
![Group By Country Chart](g155804g30n98.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Short-Term Investments | 0.3% |
| Real Estate | 0.8% |
| Consumer Staples | 4.3% |
| Materials | 5.3% |
| Utilities | 5.5% |
| Communication Services | 6.9% |
| Energy | 8.5% |
| Consumer Discretionary | 9.7% |
| Health Care | 10.3% |
| Information Technology | 13.5% |
| Industrials | 14.6% |
| Financials | 20.3% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;5.3% |
| &nbsp;&nbsp;Alphabet, Inc., Class A | &nbsp;&nbsp;4.4% |
| &nbsp;&nbsp;Chevron Corp. | &nbsp;&nbsp;4.1% |
| &nbsp;&nbsp;JPMorgan Chase & Co. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;3.3% |
| &nbsp;&nbsp;Intel Corp. | &nbsp;&nbsp;3.3% |
| &nbsp;&nbsp;PNC Financial Services Group, Inc. | &nbsp;&nbsp;2.7% |
| &nbsp;&nbsp;Parker-Hannifin Corp. | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;Westinghouse Air Brake Technologies Corp. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;NextEra Energy, Inc. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;34.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EITVX-TSR-SAR

# Eaton Vance Emerging and Frontier Countries Equity Fund
![Image](g155804g49m84.jpg)

# Class A EACOX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Emerging and Frontier Countries Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $76 | 1.40%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Capital Opportunities Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3724127404 |
| # of Portfolio Holdings (for Global Macro Capital Opportunities Portfolio) | 574 |
| Portfolio Turnover Rate (for Global Macro Capital Opportunities Portfolio) | 20% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

Reference to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Capital Opportunities Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Country Allocation (% of total investments)
![Group By Country Chart](g155804g28w67.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other | 29.2% |
| India | 3.7% |
| South Africa | 3.9% |
| Brazil | 4.5% |
| Argentina | 4.6% |
| Chile | 5.1% |
| United States | 5.2% |
| Taiwan | 8.2% |
| Greece | 8.8% |
| Vietnam | 11.6% |
| South Korea | 15.2% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Samsung Electronics Co. Ltd. | &nbsp;&nbsp;6.3% |
| &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. | &nbsp;&nbsp;5.4% |
| &nbsp;&nbsp;SK Hynix, Inc. | &nbsp;&nbsp;4.3% |
| &nbsp;&nbsp;OTP Bank Nyrt | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;Bank of Cyprus Holdings PLC | &nbsp;&nbsp;2.2% |
| &nbsp;&nbsp;Vingroup JSC | &nbsp;&nbsp;1.6% |
| &nbsp;&nbsp;Nova Ljubljanska Banka DD, GDR | &nbsp;&nbsp;1.4% |
| &nbsp;&nbsp;National Bank of Greece SA | &nbsp;&nbsp;1.3% |
| &nbsp;&nbsp;Georgia Capital PLC | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;NAC Kazatomprom JSC, GDR | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;27.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EACOX-TSR-SAR

# Eaton Vance Emerging and Frontier Countries Equity Fund
![Image](g155804g49m84.jpg)

# Class I EICOX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Emerging and Frontier Countries Equity Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $62 | 1.15%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Capital Opportunities Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3724127404 |
| # of Portfolio Holdings (for Global Macro Capital Opportunities Portfolio) | 574 |
| Portfolio Turnover Rate (for Global Macro Capital Opportunities Portfolio) | 20% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

Reference to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Capital Opportunities Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Country Allocation (% of total investments)
![Group By Country Chart](g155804g28w67.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other | 29.2% |
| India | 3.7% |
| South Africa | 3.9% |
| Brazil | 4.5% |
| Argentina | 4.6% |
| Chile | 5.1% |
| United States | 5.2% |
| Taiwan | 8.2% |
| Greece | 8.8% |
| Vietnam | 11.6% |
| South Korea | 15.2% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Samsung Electronics Co. Ltd. | &nbsp;&nbsp;6.3% |
| &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. | &nbsp;&nbsp;5.4% |
| &nbsp;&nbsp;SK Hynix, Inc. | &nbsp;&nbsp;4.3% |
| &nbsp;&nbsp;OTP Bank Nyrt | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;Bank of Cyprus Holdings PLC | &nbsp;&nbsp;2.2% |
| &nbsp;&nbsp;Vingroup JSC | &nbsp;&nbsp;1.6% |
| &nbsp;&nbsp;Nova Ljubljanska Banka DD, GDR | &nbsp;&nbsp;1.4% |
| &nbsp;&nbsp;National Bank of Greece SA | &nbsp;&nbsp;1.3% |
| &nbsp;&nbsp;Georgia Capital PLC | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;NAC Kazatomprom JSC, GDR | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;27.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EICOX-TSR-SAR

# Eaton Vance Emerging Markets Local Income Fund
![Image](g155804g37l77.jpg)

# Class A EEIAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Emerging Markets Local Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $57 | 1.10%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Emerging Markets Local Income Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $1715736071 |
| # of Portfolio Holdings (including derivatives) (for Emerging Markets Local Income Portfolio) | 1136 |
| Portfolio Turnover Rate (for Emerging Markets Local Income Portfolio) | 47% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Emerging Markets Local Income Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g21y14.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.5% |
| Foreign Corporate Bonds | 5.5% |
| Short-Term Investments | 34.6% |
| Sovereign Government Bonds | 59.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Malaysia | 10.0% |
| China | 9.5% |
| Brazil | 9.0% |
| Mexico | 8.7% |
| India | 8.4% |
| Kazakhstan | 7.6% |
| Hungary | 7.5% |
| Poland | 7.2% |
| Thailand | 7.0% |
| Uzbekistan | 6.2% |
| Other | 47.7% |
| Total Long Exposure | 128.8% |

---

---

| | |
|:---|:---|
| Israel | (0.1)% |
| Euro | (4.6)% |
| Total Short Exposure | (4.7)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EEIAX-TSR-SAR

# Eaton Vance Emerging Markets Local Income Fund
![Image](g155804g37l77.jpg)

# Class C EEICX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Emerging Markets Local Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $95 | 1.85%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Emerging Markets Local Income Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $1715736071 |
| # of Portfolio Holdings (including derivatives) (for Emerging Markets Local Income Portfolio) | 1136 |
| Portfolio Turnover Rate (for Emerging Markets Local Income Portfolio) | 47% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Emerging Markets Local Income Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g21y14.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.5% |
| Foreign Corporate Bonds | 5.5% |
| Short-Term Investments | 34.6% |
| Sovereign Government Bonds | 59.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Malaysia | 10.0% |
| China | 9.5% |
| Brazil | 9.0% |
| Mexico | 8.7% |
| India | 8.4% |
| Kazakhstan | 7.6% |
| Hungary | 7.5% |
| Poland | 7.2% |
| Thailand | 7.0% |
| Uzbekistan | 6.2% |
| Other | 47.7% |
| Total Long Exposure | 128.8% |

---

---

| | |
|:---|:---|
| Israel | (0.1)% |
| Euro | (4.6)% |
| Total Short Exposure | (4.7)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EEICX-TSR-SAR

# Eaton Vance Emerging Markets Local Income Fund
![Image](g155804g37l77.jpg)

# Class I EEIIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Emerging Markets Local Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $44 | 0.86%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Emerging Markets Local Income Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $1715736071 |
| # of Portfolio Holdings (including derivatives) (for Emerging Markets Local Income Portfolio) | 1136 |
| Portfolio Turnover Rate (for Emerging Markets Local Income Portfolio) | 47% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Emerging Markets Local Income Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g21y14.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.5% |
| Foreign Corporate Bonds | 5.5% |
| Short-Term Investments | 34.6% |
| Sovereign Government Bonds | 59.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Malaysia | 10.0% |
| China | 9.5% |
| Brazil | 9.0% |
| Mexico | 8.7% |
| India | 8.4% |
| Kazakhstan | 7.6% |
| Hungary | 7.5% |
| Poland | 7.2% |
| Thailand | 7.0% |
| Uzbekistan | 6.2% |
| Other | 47.7% |
| Total Long Exposure | 128.8% |

---

---

| | |
|:---|:---|
| Israel | (0.1)% |
| Euro | (4.6)% |
| Total Short Exposure | (4.7)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EEIIX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate Advantage Fund

# Advisers Class EVFAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate Advantage Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Advisers Class | $130 | 2.61%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Senior Debt Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3984828292 |
| # of Portfolio Holdings (for Senior Debt Portfolio) | 618 |
| Portfolio Turnover Rate (for Senior Debt Portfolio) | 15% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Senior Debt Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g22m96.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.1% |
| Common Stocks | 1.1% |
| Short-Term Investments | 2.5% |
| Asset-Backed Securities | 2.8% |
| Corporate Bonds | 5.0% |
| Senior Floating-Rate Loans | 87.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets plus borrowings)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g22q58.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 3.2% |
| CCC or Lower | 3.1% |
| B | 67.6% |
| BB | 19.8% |
| BBB | 3.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds. Ratings are categorized using S&P Global Ratings ("S&P"). Ratings range from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by S&P. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EVFAX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate Advantage Fund

# Class A EAFAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate Advantage Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $130 | 2.61%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Senior Debt Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3984828292 |
| # of Portfolio Holdings (for Senior Debt Portfolio) | 618 |
| Portfolio Turnover Rate (for Senior Debt Portfolio) | 15% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Senior Debt Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g22m96.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.1% |
| Common Stocks | 1.1% |
| Short-Term Investments | 2.5% |
| Asset-Backed Securities | 2.8% |
| Corporate Bonds | 5.0% |
| Senior Floating-Rate Loans | 87.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets plus borrowings)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g22q58.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 3.2% |
| CCC or Lower | 3.1% |
| B | 67.6% |
| BB | 19.8% |
| BBB | 3.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds. Ratings are categorized using S&P Global Ratings ("S&P"). Ratings range from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by S&P. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EAFAX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate Advantage Fund

# Class C ECFAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate Advantage Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $154 | 3.11%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Senior Debt Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3984828292 |
| # of Portfolio Holdings (for Senior Debt Portfolio) | 618 |
| Portfolio Turnover Rate (for Senior Debt Portfolio) | 15% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Senior Debt Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g22m96.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.1% |
| Common Stocks | 1.1% |
| Short-Term Investments | 2.5% |
| Asset-Backed Securities | 2.8% |
| Corporate Bonds | 5.0% |
| Senior Floating-Rate Loans | 87.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets plus borrowings)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g22q58.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 3.2% |
| CCC or Lower | 3.1% |
| B | 67.6% |
| BB | 19.8% |
| BBB | 3.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds. Ratings are categorized using S&P Global Ratings ("S&P"). Ratings range from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by S&P. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECFAX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate Advantage Fund

# Class I EIFAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate Advantage Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $117 | 2.36%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Senior Debt Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3984828292 |
| # of Portfolio Holdings (for Senior Debt Portfolio) | 618 |
| Portfolio Turnover Rate (for Senior Debt Portfolio) | 15% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Senior Debt Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g22m96.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.1% |
| Common Stocks | 1.1% |
| Short-Term Investments | 2.5% |
| Asset-Backed Securities | 2.8% |
| Corporate Bonds | 5.0% |
| Senior Floating-Rate Loans | 87.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets plus borrowings)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g22q58.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 3.2% |
| CCC or Lower | 3.1% |
| B | 67.6% |
| BB | 19.8% |
| BBB | 3.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds. Ratings are categorized using S&P Global Ratings ("S&P"). Ratings range from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by S&P. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EIFAX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Floating-Rate Advantage Fund

# Class R6 EFRRX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Floating-Rate Advantage Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R6 | $115 | 2.31%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Senior Debt Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $3984828292 |
| # of Portfolio Holdings (for Senior Debt Portfolio) | 618 |
| Portfolio Turnover Rate (for Senior Debt Portfolio) | 15% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Senior Debt Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g22m96.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.1% |
| Common Stocks | 1.1% |
| Short-Term Investments | 2.5% |
| Asset-Backed Securities | 2.8% |
| Corporate Bonds | 5.0% |
| Senior Floating-Rate Loans | 87.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets plus borrowings)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g22q58.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 3.2% |
| CCC or Lower | 3.1% |
| B | 67.6% |
| BB | 19.8% |
| BBB | 3.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments, Equities, Closed-End Funds and Exchange-Traded Funds. Ratings are categorized using S&P Global Ratings ("S&P"). Ratings range from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by S&P. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EFRRX-TSR-SAR

# Eaton Vance Global Equity Income Fund
![Image](g155804g49m84.jpg)

# Class A EADIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Equity Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $60 | 1.16%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $805533137 |
| # of Portfolio Holdings | 129 |
| Portfolio Turnover Rate | 48% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Country Allocation (% of total investments)
![Group By Country Chart](g155804g87q10.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other | 7.3% |
| Spain | 1.9% |
| Sweden | 1.9% |
| Norway | 2.4% |
| Taiwan | 2.6% |
| Japan | 2.6% |
| Netherlands | 4.6% |
| United Kingdom | 5.4% |
| Germany | 6.3% |
| France | 8.3% |
| United States | 56.7% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Alphabet, Inc., Class C | &nbsp;&nbsp;5.8% |
| &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;4.0% |
| &nbsp;&nbsp;Eli Lilly & Co. | &nbsp;&nbsp;3.7% |
| &nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;3.4% |
| &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;3.4% |
| &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;2.7% |
| &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd., ADR | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;1.8% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;32.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EADIX-TSR-SAR

# Eaton Vance Global Equity Income Fund
![Image](g155804g49m84.jpg)

# Class C ECDIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Equity Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $99 | 1.91%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $805533137 |
| # of Portfolio Holdings | 129 |
| Portfolio Turnover Rate | 48% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Country Allocation (% of total investments)
![Group By Country Chart](g155804g87q10.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other | 7.3% |
| Spain | 1.9% |
| Sweden | 1.9% |
| Norway | 2.4% |
| Taiwan | 2.6% |
| Japan | 2.6% |
| Netherlands | 4.6% |
| United Kingdom | 5.4% |
| Germany | 6.3% |
| France | 8.3% |
| United States | 56.7% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Alphabet, Inc., Class C | &nbsp;&nbsp;5.8% |
| &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;4.0% |
| &nbsp;&nbsp;Eli Lilly & Co. | &nbsp;&nbsp;3.7% |
| &nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;3.4% |
| &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;3.4% |
| &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;2.7% |
| &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd., ADR | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;1.8% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;32.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

ECDIX-TSR-SAR

# Eaton Vance Global Equity Income Fund
![Image](g155804g49m84.jpg)

# Class I EIDIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Equity Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $47 | 0.91%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $805533137 |
| # of Portfolio Holdings | 129 |
| Portfolio Turnover Rate | 48% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Country Allocation (% of total investments)
![Group By Country Chart](g155804g87q10.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other | 7.3% |
| Spain | 1.9% |
| Sweden | 1.9% |
| Norway | 2.4% |
| Taiwan | 2.6% |
| Japan | 2.6% |
| Netherlands | 4.6% |
| United Kingdom | 5.4% |
| Germany | 6.3% |
| France | 8.3% |
| United States | 56.7% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Alphabet, Inc., Class C | &nbsp;&nbsp;5.8% |
| &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;4.0% |
| &nbsp;&nbsp;Eli Lilly & Co. | &nbsp;&nbsp;3.7% |
| &nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;3.4% |
| &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;3.4% |
| &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;2.7% |
| &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd., ADR | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;1.8% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;32.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EIDIX-TSR-SAR

# Eaton Vance Global Income Builder Fund
![Image](g155804g49m84.jpg)

# Class A EDIAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Income Builder Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $60 | 1.17%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $304308724 |
| # of Portfolio Holdings | 625 |
| Portfolio Turnover Rate | 39% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Group By Country Chart](g155804g70m19.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Short-Term Investments | 2.0% |
| Senior Floating-Rate Loans | 2.1% |
| Corporate Bonds | 31.0% |
| Common Stocks | 64.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Alphabet, Inc., Class C | &nbsp;&nbsp;4.3% |
| &nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;Eli Lilly & Co. | &nbsp;&nbsp;2.4% |
| &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;2.4% |
| &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd., ADR | &nbsp;&nbsp;1.6% |
| &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;1.5% |
| &nbsp;&nbsp;Societe Generale SA | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;21.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EDIAX-TSR-SAR

# Eaton Vance Global Income Builder Fund
![Image](g155804g49m84.jpg)

# Class C EDICX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Income Builder Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $98 | 1.92%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $304308724 |
| # of Portfolio Holdings | 625 |
| Portfolio Turnover Rate | 39% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Group By Country Chart](g155804g70m19.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Short-Term Investments | 2.0% |
| Senior Floating-Rate Loans | 2.1% |
| Corporate Bonds | 31.0% |
| Common Stocks | 64.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Alphabet, Inc., Class C | &nbsp;&nbsp;4.3% |
| &nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;Eli Lilly & Co. | &nbsp;&nbsp;2.4% |
| &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;2.4% |
| &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd., ADR | &nbsp;&nbsp;1.6% |
| &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;1.5% |
| &nbsp;&nbsp;Societe Generale SA | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;21.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EDICX-TSR-SAR

# Eaton Vance Global Income Builder Fund
![Image](g155804g49m84.jpg)

# Class I EDIIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Income Builder Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $47 | 0.92%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $304308724 |
| # of Portfolio Holdings | 625 |
| Portfolio Turnover Rate | 39% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Group By Country Chart](g155804g70m19.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Short-Term Investments | 2.0% |
| Senior Floating-Rate Loans | 2.1% |
| Corporate Bonds | 31.0% |
| Common Stocks | 64.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Alphabet, Inc., Class C | &nbsp;&nbsp;4.3% |
| &nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;Eli Lilly & Co. | &nbsp;&nbsp;2.4% |
| &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;2.4% |
| &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd., ADR | &nbsp;&nbsp;1.6% |
| &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;1.5% |
| &nbsp;&nbsp;Societe Generale SA | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;21.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EDIIX-TSR-SAR

# Eaton Vance Global Income Builder Fund
![Image](g155804g49m84.jpg)

# Class R EDIRX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Income Builder Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R | $73 | 1.42%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $304308724 |
| # of Portfolio Holdings | 625 |
| Portfolio Turnover Rate | 39% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Group By Country Chart](g155804g70m19.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.6% |
| Short-Term Investments | 2.0% |
| Senior Floating-Rate Loans | 2.1% |
| Corporate Bonds | 31.0% |
| Common Stocks | 64.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;Alphabet, Inc., Class C | &nbsp;&nbsp;4.3% |
| &nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;Eli Lilly & Co. | &nbsp;&nbsp;2.4% |
| &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;2.4% |
| &nbsp;&nbsp;ASML Holding NV | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;2.0% |
| &nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd., ADR | &nbsp;&nbsp;1.6% |
| &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;1.5% |
| &nbsp;&nbsp;Societe Generale SA | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;1.2% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;21.4% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EDIRX-TSR-SAR

# Eaton Vance Global Macro Absolute Return Advantage Fund
![Image](g155804g37l77.jpg)

# Class A EGRAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Macro Absolute Return Advantage Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $144 | 2.78%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Absolute Return Advantage Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $4976867984 |
| # of Portfolio Holdings (including derivatives) (for Global Macro Absolute Return Advantage Portfolio) | 1445 |
| Portfolio Turnover Rate (for Global Macro Absolute Return Advantage Portfolio) | 96% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Absolute Return Advantage Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g85f92.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.3% |
| Sovereign Loans | 1.1% |
| Insurance Linked Securities | 1.9% |
| Senior Floating-Rate Loans | 2.2% |
| Foreign Corporate Bonds | 7.2% |
| Common Stocks | 9.9% |
| Short-Term Investments | 32.7% |
| Sovereign Government Bonds | 43.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 13.3% |
| Hungary | 11.0% |
| Nigeria | 9.9% |
| Uzbekistan | 7.9% |
| Taiwan | 4.9% |
| Brazil | 3.9% |
| Iceland | 3.7% |
| Egypt | 3.0% |
| Zambia | 2.8% |
| Armenia | 2.8% |
| Other | 16.3% |
| Total Long Exposure | 79.5% |

---

---

| | |
|:---|:---|
| Saudi Arabia | (11.3)% |
| United Arab Emirates | (15.8)% |
| Euro | (19.1)% |
| Other | (21.4)% |
| Total Short Exposure | (67.6)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EGRAX-TSR-SAR

# Eaton Vance Global Macro Absolute Return Advantage Fund
![Image](g155804g37l77.jpg)

# Class C EGRCX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Macro Absolute Return Advantage Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $183 | 3.53%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Absolute Return Advantage Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $4976867984 |
| # of Portfolio Holdings (including derivatives) (for Global Macro Absolute Return Advantage Portfolio) | 1445 |
| Portfolio Turnover Rate (for Global Macro Absolute Return Advantage Portfolio) | 96% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Absolute Return Advantage Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g85f92.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.3% |
| Sovereign Loans | 1.1% |
| Insurance Linked Securities | 1.9% |
| Senior Floating-Rate Loans | 2.2% |
| Foreign Corporate Bonds | 7.2% |
| Common Stocks | 9.9% |
| Short-Term Investments | 32.7% |
| Sovereign Government Bonds | 43.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 13.3% |
| Hungary | 11.0% |
| Nigeria | 9.9% |
| Uzbekistan | 7.9% |
| Taiwan | 4.9% |
| Brazil | 3.9% |
| Iceland | 3.7% |
| Egypt | 3.0% |
| Zambia | 2.8% |
| Armenia | 2.8% |
| Other | 16.3% |
| Total Long Exposure | 79.5% |

---

---

| | |
|:---|:---|
| Saudi Arabia | (11.3)% |
| United Arab Emirates | (15.8)% |
| Euro | (19.1)% |
| Other | (21.4)% |
| Total Short Exposure | (67.6)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EGRCX-TSR-SAR

# Eaton Vance Global Macro Absolute Return Advantage Fund
![Image](g155804g37l77.jpg)

# Class I EGRIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Macro Absolute Return Advantage Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $131 | 2.53%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Absolute Return Advantage Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $4976867984 |
| # of Portfolio Holdings (including derivatives) (for Global Macro Absolute Return Advantage Portfolio) | 1445 |
| Portfolio Turnover Rate (for Global Macro Absolute Return Advantage Portfolio) | 96% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Absolute Return Advantage Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g85f92.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.3% |
| Sovereign Loans | 1.1% |
| Insurance Linked Securities | 1.9% |
| Senior Floating-Rate Loans | 2.2% |
| Foreign Corporate Bonds | 7.2% |
| Common Stocks | 9.9% |
| Short-Term Investments | 32.7% |
| Sovereign Government Bonds | 43.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 13.3% |
| Hungary | 11.0% |
| Nigeria | 9.9% |
| Uzbekistan | 7.9% |
| Taiwan | 4.9% |
| Brazil | 3.9% |
| Iceland | 3.7% |
| Egypt | 3.0% |
| Zambia | 2.8% |
| Armenia | 2.8% |
| Other | 16.3% |
| Total Long Exposure | 79.5% |

---

---

| | |
|:---|:---|
| Saudi Arabia | (11.3)% |
| United Arab Emirates | (15.8)% |
| Euro | (19.1)% |
| Other | (21.4)% |
| Total Short Exposure | (67.6)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EGRIX-TSR-SAR

# Eaton Vance Global Macro Absolute Return Advantage Fund
![Image](g155804g37l77.jpg)

# Class R EGRRX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Macro Absolute Return Advantage Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R | $157 | 3.03%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Absolute Return Advantage Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $4976867984 |
| # of Portfolio Holdings (including derivatives) (for Global Macro Absolute Return Advantage Portfolio) | 1445 |
| Portfolio Turnover Rate (for Global Macro Absolute Return Advantage Portfolio) | 96% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Absolute Return Advantage Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g85f92.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.3% |
| Sovereign Loans | 1.1% |
| Insurance Linked Securities | 1.9% |
| Senior Floating-Rate Loans | 2.2% |
| Foreign Corporate Bonds | 7.2% |
| Common Stocks | 9.9% |
| Short-Term Investments | 32.7% |
| Sovereign Government Bonds | 43.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 13.3% |
| Hungary | 11.0% |
| Nigeria | 9.9% |
| Uzbekistan | 7.9% |
| Taiwan | 4.9% |
| Brazil | 3.9% |
| Iceland | 3.7% |
| Egypt | 3.0% |
| Zambia | 2.8% |
| Armenia | 2.8% |
| Other | 16.3% |
| Total Long Exposure | 79.5% |

---

---

| | |
|:---|:---|
| Saudi Arabia | (11.3)% |
| United Arab Emirates | (15.8)% |
| Euro | (19.1)% |
| Other | (21.4)% |
| Total Short Exposure | (67.6)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EGRRX-TSR-SAR

# Eaton Vance Global Macro Absolute Return Advantage Fund
![Image](g155804g37l77.jpg)

# Class R6 EGRSX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Global Macro Absolute Return Advantage Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R6 | $129 | 2.48%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Global Macro Absolute Return Advantage Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $4976867984 |
| # of Portfolio Holdings (including derivatives) (for Global Macro Absolute Return Advantage Portfolio) | 1445 |
| Portfolio Turnover Rate (for Global Macro Absolute Return Advantage Portfolio) | 96% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Global Macro Absolute Return Advantage Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g85f92.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.3% |
| Sovereign Loans | 1.1% |
| Insurance Linked Securities | 1.9% |
| Senior Floating-Rate Loans | 2.2% |
| Foreign Corporate Bonds | 7.2% |
| Common Stocks | 9.9% |
| Short-Term Investments | 32.7% |
| Sovereign Government Bonds | 43.7% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 13.3% |
| Hungary | 11.0% |
| Nigeria | 9.9% |
| Uzbekistan | 7.9% |
| Taiwan | 4.9% |
| Brazil | 3.9% |
| Iceland | 3.7% |
| Egypt | 3.0% |
| Zambia | 2.8% |
| Armenia | 2.8% |
| Other | 16.3% |
| Total Long Exposure | 79.5% |

---

---

| | |
|:---|:---|
| Saudi Arabia | (11.3)% |
| United Arab Emirates | (15.8)% |
| Euro | (19.1)% |
| Other | (21.4)% |
| Total Short Exposure | (67.6)% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EGRSX-TSR-SAR

# Eaton Vance Diversified Currency Income Fund
![Image](g155804g37l77.jpg)

# Class A EAIIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Diversified Currency Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $49 | 0.95%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and International Income Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $58725715 |
| # of Portfolio Holdings (including derivatives) (for International Income Portfolio) | 406 |
| Portfolio Turnover Rate (for International Income Portfolio) | 19% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of International Income Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g13j47.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference\*</sup> | 0.6% |
| Sovereign Government Bonds | 30.6% |
| Short-Term Investments | 68.8% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 7.5% |
| Hungary | 5.8% |
| Nigeria | 5.1% |
| Uzbekistan | 5.1% |
| Vietnam | 4.4% |
| Taiwan | 4.1% |
| India | 3.6% |
| China | 3.5% |
| Brazil | 3.1% |
| Iceland | 3.0% |
| Other | 47.8% |
| Total Long Exposure | 93.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EAIIX-TSR-SAR

# Eaton Vance Diversified Currency Income Fund
![Image](g155804g37l77.jpg)

# Class C ECIMX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Diversified Currency Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $87 | 1.70%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and International Income Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $58725715 |
| # of Portfolio Holdings (including derivatives) (for International Income Portfolio) | 406 |
| Portfolio Turnover Rate (for International Income Portfolio) | 19% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of International Income Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g13j47.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference\*</sup> | 0.6% |
| Sovereign Government Bonds | 30.6% |
| Short-Term Investments | 68.8% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 7.5% |
| Hungary | 5.8% |
| Nigeria | 5.1% |
| Uzbekistan | 5.1% |
| Vietnam | 4.4% |
| Taiwan | 4.1% |
| India | 3.6% |
| China | 3.5% |
| Brazil | 3.1% |
| Iceland | 3.0% |
| Other | 47.8% |
| Total Long Exposure | 93.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECIMX-TSR-SAR

# Eaton Vance Diversified Currency Income Fund
![Image](g155804g37l77.jpg)

# Class I EIIMX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Diversified Currency Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $36 | 0.70%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and International Income Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $58725715 |
| # of Portfolio Holdings (including derivatives) (for International Income Portfolio) | 406 |
| Portfolio Turnover Rate (for International Income Portfolio) | 19% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of International Income Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g13j47.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference\*</sup> | 0.6% |
| Sovereign Government Bonds | 30.6% |
| Short-Term Investments | 68.8% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Foreign Currency Exposure (% of net assets)<sup>**Footnote Reference \***</sup>

---

| | |
|:---|:---|
| Kazakhstan | 7.5% |
| Hungary | 5.8% |
| Nigeria | 5.1% |
| Uzbekistan | 5.1% |
| Vietnam | 4.4% |
| Taiwan | 4.1% |
| India | 3.6% |
| China | 3.5% |
| Brazil | 3.1% |
| Iceland | 3.0% |
| Other | 47.8% |
| Total Long Exposure | 93.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Currency exposures include all foreign exchange denominated assets and currency derivatives. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EIIMX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Multi-Asset Credit Fund

# Class A EAAMX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Multi-Asset Credit Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $48 | 0.96%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $494123212 |
| # of Portfolio Holdings | 810 |
| Portfolio Turnover Rate | 22% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g88q32.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.4% |
| Commercial Mortgage-Backed Securities | 3.5% |
| Short-Term Investments | 3.8% |
| Collateralized Mortgage Obligations | 7.8% |
| Asset-Backed Securities | 11.7% |
| Senior Floating-Rate Loans | 28.9% |
| Corporate Bonds | 42.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g03g43.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Cash | 3.4% |
| Not Rated | 12.5% |
| CCC or Lower | 5.4% |
| B | 40.0% |
| BB | 27.5% |
| BBB | 8.9% |
| A | 1.5% |
| AA | 0.6% |
| AAA | 0.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch"). If securities are rated differently by the ratings agencies, the highest rating is applied. Moody's ratings are converted to the S&P and Fitch scale with ratings ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EAAMX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Multi-Asset Credit Fund

# Class C ECAMX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Multi-Asset Credit Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $85 | 1.71%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $494123212 |
| # of Portfolio Holdings | 810 |
| Portfolio Turnover Rate | 22% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g88q32.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.4% |
| Commercial Mortgage-Backed Securities | 3.5% |
| Short-Term Investments | 3.8% |
| Collateralized Mortgage Obligations | 7.8% |
| Asset-Backed Securities | 11.7% |
| Senior Floating-Rate Loans | 28.9% |
| Corporate Bonds | 42.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g03g43.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Cash | 3.4% |
| Not Rated | 12.5% |
| CCC or Lower | 5.4% |
| B | 40.0% |
| BB | 27.5% |
| BBB | 8.9% |
| A | 1.5% |
| AA | 0.6% |
| AAA | 0.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch"). If securities are rated differently by the ratings agencies, the highest rating is applied. Moody's ratings are converted to the S&P and Fitch scale with ratings ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ECAMX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Multi-Asset Credit Fund

# Class I EIAMX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Multi-Asset Credit Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $36 | 0.71%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $494123212 |
| # of Portfolio Holdings | 810 |
| Portfolio Turnover Rate | 22% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g88q32.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.4% |
| Commercial Mortgage-Backed Securities | 3.5% |
| Short-Term Investments | 3.8% |
| Collateralized Mortgage Obligations | 7.8% |
| Asset-Backed Securities | 11.7% |
| Senior Floating-Rate Loans | 28.9% |
| Corporate Bonds | 42.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g03g43.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Cash | 3.4% |
| Not Rated | 12.5% |
| CCC or Lower | 5.4% |
| B | 40.0% |
| BB | 27.5% |
| BBB | 8.9% |
| A | 1.5% |
| AA | 0.6% |
| AAA | 0.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch"). If securities are rated differently by the ratings agencies, the highest rating is applied. Moody's ratings are converted to the S&P and Fitch scale with ratings ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# EIAMX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Multi-Asset Credit Fund

# Class R6 ERAMX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Multi-Asset Credit Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class R6 | $33 | 0.67%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $494123212 |
| # of Portfolio Holdings | 810 |
| Portfolio Turnover Rate | 22% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g88q32.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 1.4% |
| Commercial Mortgage-Backed Securities | 3.5% |
| Short-Term Investments | 3.8% |
| Collateralized Mortgage Obligations | 7.8% |
| Asset-Backed Securities | 11.7% |
| Senior Floating-Rate Loans | 28.9% |
| Corporate Bonds | 42.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of net assets)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g03g43.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Cash | 3.4% |
| Not Rated | 12.5% |
| CCC or Lower | 5.4% |
| B | 40.0% |
| BB | 27.5% |
| BBB | 8.9% |
| A | 1.5% |
| AA | 0.6% |
| AAA | 0.2% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch"). If securities are rated differently by the ratings agencies, the highest rating is applied. Moody's ratings are converted to the S&P and Fitch scale with ratings ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ERAMX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Short Duration High Income Fund

# Class A ESHAX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Short Duration High Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $45 | 0.90%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $91165631 |
| # of Portfolio Holdings | 216 |
| Portfolio Turnover Rate | 38% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g10v10.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.2% |
| Convertible Bonds | 1.2% |
| Short-Term Investments | 3.2% |
| Senior Floating-Rate Loans | 9.9% |
| Corporate Bonds | 85.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of total investments)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g92a88.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 2.4% |
| CCC or Lower | 7.4% |
| B | 37.6% |
| BB | 51.6% |
| BBB | 1.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments. Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ESHAX-TSR-SAR
![Image](g155804g26h85.jpg)

# Eaton Vance Short Duration High Income Fund

# Class I ESHIX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Short Duration High Income Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $33 | 0.65%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $91165631 |
| # of Portfolio Holdings | 216 |
| Portfolio Turnover Rate | 38% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

### Asset Allocation (% of total investments)
![Group By Asset Type Chart](g155804g10v10.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Other<sup>Footnote Reference†</sup> | 0.2% |
| Convertible Bonds | 1.2% |
| Short-Term Investments | 3.2% |
| Senior Floating-Rate Loans | 9.9% |
| Corporate Bonds | 85.5% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>†</sup> | &nbsp;&nbsp;Investment types less than 1% each |

---

### Credit Quality (% of total investments)<sup>**Footnote Reference a**</sup>
![Credit Rating Chart](g155804g92a88.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Not Rated | 2.4% |
| CCC or Lower | 7.4% |
| B | 37.6% |
| BB | 51.6% |
| BBB | 1.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excludes Short-Term Investments. Ratings are based on Moody's Investors Service, Inc. ("Moody's"), S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch"). This breakdown assigns a numeric equivalent to the ratings from the aforementioned agencies and the mean is rounded to the nearest integer and converted to an equivalent S&P rating ranging from AAA, being the highest, to D, being the lowest. Ratings of BBB or higher are considered to be investment-grade quality. Holdings designated as "Not Rated" (if any) are not rated by the national ratings agencies stated above. |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

# ESHIX-TSR-SAR

# Eaton Vance Tax-Managed Multi-Cap Growth Fund
![Image](g155804g49m84.jpg)

# Class A EACPX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Multi-Cap Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $62 | 1.26%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Multi-Cap Growth Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $157380586 |
| # of Portfolio Holdings (for Tax-Managed Multi-Cap Growth Portfolio) | 47 |
| Portfolio Turnover Rate (for Tax-Managed Multi-Cap Growth Portfolio) | 4% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Tax-Managed Multi-Cap Growth Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Sector Allocation (% of total investments)
![Group By Country Chart](g155804g03u68.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Short-Term Investments | 1.1% |
| Materials | 1.2% |
| Consumer Staples | 2.2% |
| Financials | 4.3% |
| Health Care | 6.8% |
| Industrials | 8.2% |
| Consumer Discretionary | 14.3% |
| Communication Services | 16.8% |
| Information Technology | 45.1% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;11.8% |
| &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;9.8% |
| &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;9.4% |
| &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;9.1% |
| &nbsp;&nbsp;Alphabet, Inc., Class A | &nbsp;&nbsp;7.2% |
| &nbsp;&nbsp;Alphabet, Inc., Class C | &nbsp;&nbsp;5.2% |
| &nbsp;&nbsp;Monolithic Power Systems, Inc. | &nbsp;&nbsp;4.8% |
| &nbsp;&nbsp;Meta Platforms, Inc., Class A | &nbsp;&nbsp;3.9% |
| &nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;Visa, Inc., Class A | &nbsp;&nbsp;3.4% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;68.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EACPX-TSR-SAR

# Eaton Vance Tax-Managed Multi-Cap Growth Fund
![Image](g155804g49m84.jpg)

# Class C ECCPX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Multi-Cap Growth Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $99 | 2.01%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Multi-Cap Growth Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $157380586 |
| # of Portfolio Holdings (for Tax-Managed Multi-Cap Growth Portfolio) | 47 |
| Portfolio Turnover Rate (for Tax-Managed Multi-Cap Growth Portfolio) | 4% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Tax-Managed Multi-Cap Growth Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Sector Allocation (% of total investments)
![Group By Country Chart](g155804g03u68.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Short-Term Investments | 1.1% |
| Materials | 1.2% |
| Consumer Staples | 2.2% |
| Financials | 4.3% |
| Health Care | 6.8% |
| Industrials | 8.2% |
| Consumer Discretionary | 14.3% |
| Communication Services | 16.8% |
| Information Technology | 45.1% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;NVIDIA Corp. | &nbsp;&nbsp;11.8% |
| &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;9.8% |
| &nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;9.4% |
| &nbsp;&nbsp;Apple, Inc. | &nbsp;&nbsp;9.1% |
| &nbsp;&nbsp;Alphabet, Inc., Class A | &nbsp;&nbsp;7.2% |
| &nbsp;&nbsp;Alphabet, Inc., Class C | &nbsp;&nbsp;5.2% |
| &nbsp;&nbsp;Monolithic Power Systems, Inc. | &nbsp;&nbsp;4.8% |
| &nbsp;&nbsp;Meta Platforms, Inc., Class A | &nbsp;&nbsp;3.9% |
| &nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;Visa, Inc., Class A | &nbsp;&nbsp;3.4% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;68.1% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

ECCPX-TSR-SAR

# Eaton Vance Tax-Managed Small-Cap Fund
![Image](g155804g49m84.jpg)

# Class A ETMGX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Small-Cap Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class A | $62 | 1.22%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Small-Cap Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $110462853 |
| # of Portfolio Holdings (for Tax-Managed Small-Cap Portfolio) | 66 |
| Portfolio Turnover Rate (for Tax-Managed Small-Cap Portfolio) | 28% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Tax-Managed Small-Cap Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Sector Allocation (% of total investments)
![Group By Country Chart](g155804g48e58.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Energy | 1.3% |
| Utilities | 2.5% |
| Short-Term Investments | 3.1% |
| Consumer Staples | 3.4% |
| Health Care | 4.9% |
| Materials | 5.8% |
| Real Estate | 6.9% |
| Information Technology | 12.0% |
| Consumer Discretionary | 14.9% |
| Financials | 19.6% |
| Industrials | 25.6% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;CSW Industrials, Inc. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;Community Financial System, Inc. | &nbsp;&nbsp;2.9% |
| &nbsp;&nbsp;Diodes, Inc. | &nbsp;&nbsp;2.9% |
| &nbsp;&nbsp;Franklin Electric Co., Inc. | &nbsp;&nbsp;2.9% |
| &nbsp;&nbsp;Dorman Products, Inc. | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;Southstate Bank Corp. | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;Aramark | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;IDACORP, Inc. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;Valvoline, Inc. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;28.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

ETMGX-TSR-SAR

# Eaton Vance Tax-Managed Small-Cap Fund
![Image](g155804g49m84.jpg)

# Class C ECMGX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Small-Cap Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class C | $99 | 1.97%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Small-Cap Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $110462853 |
| # of Portfolio Holdings (for Tax-Managed Small-Cap Portfolio) | 66 |
| Portfolio Turnover Rate (for Tax-Managed Small-Cap Portfolio) | 28% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Tax-Managed Small-Cap Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Sector Allocation (% of total investments)
![Group By Country Chart](g155804g48e58.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Energy | 1.3% |
| Utilities | 2.5% |
| Short-Term Investments | 3.1% |
| Consumer Staples | 3.4% |
| Health Care | 4.9% |
| Materials | 5.8% |
| Real Estate | 6.9% |
| Information Technology | 12.0% |
| Consumer Discretionary | 14.9% |
| Financials | 19.6% |
| Industrials | 25.6% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;CSW Industrials, Inc. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;Community Financial System, Inc. | &nbsp;&nbsp;2.9% |
| &nbsp;&nbsp;Diodes, Inc. | &nbsp;&nbsp;2.9% |
| &nbsp;&nbsp;Franklin Electric Co., Inc. | &nbsp;&nbsp;2.9% |
| &nbsp;&nbsp;Dorman Products, Inc. | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;Southstate Bank Corp. | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;Aramark | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;IDACORP, Inc. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;Valvoline, Inc. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;28.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

ECMGX-TSR-SAR

# Eaton Vance Tax-Managed Small-Cap Fund
![Image](g155804g49m84.jpg)

# Class I EIMGX

#### Semi-Annual Shareholder Report April 30, 2026
This semi-annual shareholder report contains important information about the Eaton Vance Tax-Managed Small-Cap Fund for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.eatonvance.com/open-end-mutual-fund-documents.php. You can also request this information by contacting us at 1-800-262-1122.

## What were the Fund costs for the last six months?<sup>**Footnote Reference \***</sup>
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000 investment** | **Costs paid as a percentage of a $10,000 investment** |
| Class I | $49 | 0.97%<sup>Footnote Reference1</sup> |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>1</sup> | &nbsp;&nbsp;Annualized |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Expenses in the table reflect the expenses of both the Fund and Tax-Managed Small-Cap Portfolio, the Portfolio in which it invests. |

---

## Key Fund Statistics

---

| | |
|:---|:---|
| Total Net Assets | $110462853 |
| # of Portfolio Holdings (for Tax-Managed Small-Cap Portfolio) | 66 |
| Portfolio Turnover Rate (for Tax-Managed Small-Cap Portfolio) | 28% |

---

## What did the Fund invest in?
The following tables reflect what the Fund invested in as of the report date.

References to the Fund's investments are to the Fund's pro rata share of the investments of Tax-Managed Small-Cap Portfolio, an affiliated investment company in which the Fund invests substantially all of its assets.

### Sector Allocation (% of total investments)
![Group By Country Chart](g155804g48e58.jpg)

---

| | |
|:---|:---|
| **Value** | **Value** |
| Energy | 1.3% |
| Utilities | 2.5% |
| Short-Term Investments | 3.1% |
| Consumer Staples | 3.4% |
| Health Care | 4.9% |
| Materials | 5.8% |
| Real Estate | 6.9% |
| Information Technology | 12.0% |
| Consumer Discretionary | 14.9% |
| Financials | 19.6% |
| Industrials | 25.6% |

---

### Top Ten Holdings (% of total investments)<sup>**Footnote Reference a**</sup>

---

| | |
|:---|:---|
| &nbsp;&nbsp;CSW Industrials, Inc. | &nbsp;&nbsp;3.5% |
| &nbsp;&nbsp;Community Financial System, Inc. | &nbsp;&nbsp;2.9% |
| &nbsp;&nbsp;Diodes, Inc. | &nbsp;&nbsp;2.9% |
| &nbsp;&nbsp;Franklin Electric Co., Inc. | &nbsp;&nbsp;2.9% |
| &nbsp;&nbsp;Dorman Products, Inc. | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;Southstate Bank Corp. | &nbsp;&nbsp;2.8% |
| &nbsp;&nbsp;Aramark | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;2.6% |
| &nbsp;&nbsp;IDACORP, Inc. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;Valvoline, Inc. | &nbsp;&nbsp;2.5% |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;28.0% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>a</sup> | &nbsp;&nbsp;Excluding cash equivalents |

---

## Additional Information
![An image of a QR code that, when scanned, navigates the user to the following URL: https://www.eatonvance.com/open-end-mutual-fund-documents.php](g155804g74w87.jpg)

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit www.eatonvance.com/open-end-mutual-fund-documents.php. For proxy information, please visit www.eatonvance.com/proxyvoting.

## Householding
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-800-262-1122 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.

#### Not FDIC Insured \| May Lose Value \| No Bank Guarantee
Semi-Annual Shareholder Report April 30, 2026

EIMGX-TSR-SAR

------

(b) Not applicable.

#### Item 2. Code of Ethics
Not required in this filing.

#### Item 3. Audit Committee Financial Expert
Not required in this filing.

#### Item 4. Principal Accountant Fees and Services
Not required in this filing.

#### Item 5. Audit Committee of Listed Registrants
Not applicable.

#### Item 6. Schedule of Investments
(a) Please see schedule of investments contained in the Financial Statements and Financial Highlights included under Item 7 of this Form N-CSR.

(b) Not applicable.

#### Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies

------

## Eaton Vance

## Global Macro Absolute Return Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img08c891591.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Global Macro Absolute Return Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_67e6488c-e155-46ed-b0df-41b29597c509_1)** |  |
| [Item 7 of Form N-CSR:](#xx_10741114-a427-4a0d-8b50-a1c07d927e68_1) | [Item 7 of Form N-CSR:](#xx_10741114-a427-4a0d-8b50-a1c07d927e68_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_10741114-a427-4a0d-8b50-a1c07d927e68_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_10741114-a427-4a0d-8b50-a1c07d927e68_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_10741114-a427-4a0d-8b50-a1c07d927e68_4) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_6dfd7f63-6af0-43df-a025-d31a6b09402d_1) | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_8cbc814d-bcdb-4b06-9ce5-d8ae74d843a4_1) | 10 |
| [Global Macro Portfolio](#xx_dc1cba11-88be-46d7-88f6-ea1cf2e95a5c_1) | [Global Macro Portfolio](#xx_dc1cba11-88be-46d7-88f6-ea1cf2e95a5c_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_dc1cba11-88be-46d7-88f6-ea1cf2e95a5c_1) | [Items 6 and 7 of Form N-CSR:](#xx_dc1cba11-88be-46d7-88f6-ea1cf2e95a5c_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_dc1cba11-88be-46d7-88f6-ea1cf2e95a5c_1) | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_2aee3b75-c49d-4df1-adde-0552d949b352_1) | 56 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in Global Macro Portfolio, at value (identified cost $3,710,220,718) | &nbsp;&nbsp;$3794174733 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5584815 |
| **Total assets** | &nbsp;&nbsp;**$3799759548** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$3533260 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82985 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27787 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293 |
| Payable for transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582458 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274130 |
| **Total liabilities** | &nbsp;&nbsp;**$4500913** |
| **Net Assets** | &nbsp;&nbsp;**$3795258635** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$4244762414 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(449503779) |
| **Net Assets** | &nbsp;&nbsp;**$3795258635** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$311263113 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34608943 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$8.99 |
| **Maximum Offering Price Per Share<br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$9.29 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$23118163 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2558008 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.04 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$3254471425 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362849304 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$8.97 |
| Class R Shares |  |
| **Net Assets** | &nbsp;&nbsp;$2778002 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308245 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.01 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited) — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Class R6 Shares |  |
| **Net Assets** | &nbsp;&nbsp;$203627932 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22728778 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$8.96 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio (net of foreign taxes withheld of $288,656) | &nbsp;&nbsp;$11836758 |
| Interest income allocated from Portfolio (net of foreign taxes withheld of $2,381,769) | &nbsp;&nbsp;&nbsp;&nbsp;117383882 |
| Other income allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070979 |
| Expenses, excluding interest and dividend expense, allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11081226) |
| Interest and dividend expense allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6827860) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398883 |
| **Total investment income from Portfolio** | &nbsp;&nbsp;**$113781416** |
| Expenses |  |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$346360 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100408 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5634 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46518 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1667758 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124025 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71713 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207222 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13875 |
| **Total expenses** | &nbsp;&nbsp;**$2584013** |
| **Net investment income** | &nbsp;&nbsp;**$111197403** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions (net of foreign capital gains taxes of $12,642) | &nbsp;&nbsp;$76088131 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1216298 |
| &nbsp;&nbsp;&nbsp;Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14934) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581429 |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1558908) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361821 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(668804) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5224108 |
| **Net realized gain** | &nbsp;&nbsp;**$81229141** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments (including net increase in accrued foreign capital gains taxes of $158,078) | &nbsp;&nbsp;$13261016 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254110 |
| &nbsp;&nbsp;&nbsp;Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4494898 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3364696) |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2364927) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5971246) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(476931) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8734151) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(2901927)** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$78327214** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$189524617** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$111197403 | &nbsp;&nbsp;$151186058 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81229141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7666763) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2901927) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110636016 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$189524617** | &nbsp;&nbsp;**$254155311** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(10854763) | &nbsp;&nbsp;$(10386224) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(679431) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(799607) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(116876405) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(110993263) |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(82838) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99843) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8002160) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10921792) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(136495597)** | &nbsp;&nbsp;**$(133200729)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$60199993 | &nbsp;&nbsp;$78731322 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5135335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(222104) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675823055 | &nbsp;&nbsp;&nbsp;&nbsp;1019846603 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183425 |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14620655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3974733) |
| **Net increase in net assets from Fund share transactions** | &nbsp;&nbsp;**$756554408** | &nbsp;&nbsp;**$1094564513** |
| **Net increase in net assets** | &nbsp;&nbsp;**$809583428** | &nbsp;&nbsp;**$1215519095** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$2985675207 | &nbsp;&nbsp;$1770156112 |
| **At end of period** | &nbsp;&nbsp;**$3795258635** | &nbsp;&nbsp;**$2985675207** |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.84 | &nbsp;&nbsp;$8.38 | &nbsp;&nbsp;$8.16 | &nbsp;&nbsp;$7.91 | &nbsp;&nbsp;$8.66 | &nbsp;&nbsp;$8.64 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.28 | &nbsp;&nbsp;$0.57 | &nbsp;&nbsp;$0.56 | &nbsp;&nbsp;$0.48 | &nbsp;&nbsp;$0.42 | &nbsp;&nbsp;$0.37 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.79) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.50** | &nbsp;&nbsp;**$0.96** | &nbsp;&nbsp;**$0.67** | &nbsp;&nbsp;**$0.70** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$0.35** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.50) | &nbsp;&nbsp;$(0.45) | &nbsp;&nbsp;$(0.38) | &nbsp;&nbsp;$(0.33) | &nbsp;&nbsp;$(0.33) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.50)** | &nbsp;&nbsp;**$(0.45)** | &nbsp;&nbsp;**$(0.45)** | &nbsp;&nbsp;**$(0.38)** | &nbsp;&nbsp;**$(0.33)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$8.99** | &nbsp;&nbsp;**$8.84** | &nbsp;&nbsp;**$8.38** | &nbsp;&nbsp;**$8.16** | &nbsp;&nbsp;**$7.91** | &nbsp;&nbsp;**$8.66** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.85%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.89%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.31%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.86%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.27)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.11%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$311263 | &nbsp;&nbsp;$246550 | &nbsp;&nbsp;$157927 | &nbsp;&nbsp;$148689 | &nbsp;&nbsp;$163369 | &nbsp;&nbsp;$276486 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.52% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.47% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.41%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.46%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.41%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.34%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.88% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.03% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.40%, 0.48%, 0.41%, 0.37%, 0.08% and 0.06% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.02%, 0.02%, 0.01%, 0.01% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.87 | &nbsp;&nbsp;$8.41 | &nbsp;&nbsp;$8.19 | &nbsp;&nbsp;$7.95 | &nbsp;&nbsp;$8.69 | &nbsp;&nbsp;$8.68 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.52 | &nbsp;&nbsp;$0.49 | &nbsp;&nbsp;$0.43 | &nbsp;&nbsp;$0.37 | &nbsp;&nbsp;$0.31 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.79) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.48** | &nbsp;&nbsp;**$0.89** | &nbsp;&nbsp;**$0.61** | &nbsp;&nbsp;**$0.64** | &nbsp;&nbsp;**$(0.42)** | &nbsp;&nbsp;**$0.28** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.31) | &nbsp;&nbsp;$(0.43) | &nbsp;&nbsp;$(0.39) | &nbsp;&nbsp;$(0.33) | &nbsp;&nbsp;$(0.28) | &nbsp;&nbsp;$(0.27) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$(0.43)** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.40)** | &nbsp;&nbsp;**$(0.32)** | &nbsp;&nbsp;**$(0.27)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.04** | &nbsp;&nbsp;**$8.87** | &nbsp;&nbsp;**$8.41** | &nbsp;&nbsp;**$8.19** | &nbsp;&nbsp;**$7.95** | &nbsp;&nbsp;**$8.69** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.48%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.89%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.61%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.06%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.91)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.37%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$23118 | &nbsp;&nbsp;$17647 | &nbsp;&nbsp;$16992 | &nbsp;&nbsp;$21089 | &nbsp;&nbsp;$26640 | &nbsp;&nbsp;$36557 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.18%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.84% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.16%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.21%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.12%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.84%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.58%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.03% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.86% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.38% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.49% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.40%, 0.48%, 0.41%, 0.37%, 0.08% and 0.06% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.02%, 0.02%, 0.01%, 0.01% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.82 | &nbsp;&nbsp;$8.36 | &nbsp;&nbsp;$8.14 | &nbsp;&nbsp;$7.90 | &nbsp;&nbsp;$8.64 | &nbsp;&nbsp;$8.63 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.29 | &nbsp;&nbsp;$0.59 | &nbsp;&nbsp;$0.58 | &nbsp;&nbsp;$0.51 | &nbsp;&nbsp;$0.45 | &nbsp;&nbsp;$0.39 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.79) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.51** | &nbsp;&nbsp;**$0.98** | &nbsp;&nbsp;**$0.70** | &nbsp;&nbsp;**$0.72** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$0.37** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.36) | &nbsp;&nbsp;$(0.52) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(0.40) | &nbsp;&nbsp;$(0.34) | &nbsp;&nbsp;$(0.36) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.36)** | &nbsp;&nbsp;**$(0.52)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.40)** | &nbsp;&nbsp;**$(0.36)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$8.97** | &nbsp;&nbsp;**$8.82** | &nbsp;&nbsp;**$8.36** | &nbsp;&nbsp;**$8.14** | &nbsp;&nbsp;**$7.90** | &nbsp;&nbsp;**$8.64** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.91%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.19%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.59%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.17%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.00)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.31%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$3254471 | &nbsp;&nbsp;$2533673 | &nbsp;&nbsp;$1413301 | &nbsp;&nbsp;$1401233 | &nbsp;&nbsp;$1413454 | &nbsp;&nbsp;$1851665 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.21% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.59%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.85% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.39% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.40%, 0.48%, 0.41%, 0.37%, 0.08% and 0.06% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.02%, 0.02%, 0.01%, 0.01% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

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;**Class R** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.85 | &nbsp;&nbsp;$8.39 | &nbsp;&nbsp;$8.17 | &nbsp;&nbsp;$7.93 | &nbsp;&nbsp;$8.67 | &nbsp;&nbsp;$8.66 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$0.56 | &nbsp;&nbsp;$0.55 | &nbsp;&nbsp;$0.47 | &nbsp;&nbsp;$0.41 | &nbsp;&nbsp;$0.36 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;(0.79) | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.50** | &nbsp;&nbsp;**$0.94** | &nbsp;&nbsp;**$0.65** | &nbsp;&nbsp;**$0.68** | &nbsp;&nbsp;**$(0.38)** | &nbsp;&nbsp;**$0.33** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.34) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(0.43) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.31) | &nbsp;&nbsp;$(0.32) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.43)** | &nbsp;&nbsp;**$(0.44)** | &nbsp;&nbsp;**$(0.36)** | &nbsp;&nbsp;**$(0.32)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.01** | &nbsp;&nbsp;**$8.85** | &nbsp;&nbsp;**$8.39** | &nbsp;&nbsp;**$8.17** | &nbsp;&nbsp;**$7.93** | &nbsp;&nbsp;**$8.67** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.80%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**11.47%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.16%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.62%** | &nbsp;&nbsp;&nbsp;&nbsp;**(4.45)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.78%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$2778 | &nbsp;&nbsp;$1966 | &nbsp;&nbsp;$1685 | &nbsp;&nbsp;$1171 | &nbsp;&nbsp;$1267 | &nbsp;&nbsp;$1274 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.69%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.78% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.29% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.76%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.33%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.29% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.07%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.46% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.65% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.95% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.02% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.40%, 0.48%, 0.41%, 0.37%, 0.08% and 0.06% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.02%, 0.02%, 0.01%, 0.01% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

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;**Class R6** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.81 | &nbsp;&nbsp;$8.35 | &nbsp;&nbsp;$8.13 | &nbsp;&nbsp;$7.89 | &nbsp;&nbsp;$8.63 | &nbsp;&nbsp;$8.62 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.30 | &nbsp;&nbsp;$0.61 | &nbsp;&nbsp;$0.58 | &nbsp;&nbsp;$0.51 | &nbsp;&nbsp;$0.45 | &nbsp;&nbsp;$0.40 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.78) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.52** | &nbsp;&nbsp;**$0.98** | &nbsp;&nbsp;**$0.70** | &nbsp;&nbsp;**$0.72** | &nbsp;&nbsp;**$(0.33)** | &nbsp;&nbsp;**$0.37** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.52) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(0.40) | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.36) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$(0.52)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.41)** | &nbsp;&nbsp;**$(0.36)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$8.96** | &nbsp;&nbsp;**$8.81** | &nbsp;&nbsp;**$8.35** | &nbsp;&nbsp;**$8.13** | &nbsp;&nbsp;**$7.89** | &nbsp;&nbsp;**$8.63** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.96%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.17%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.68%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.27%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.80)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.37%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$203628 | &nbsp;&nbsp;$185840 | &nbsp;&nbsp;$180251 | &nbsp;&nbsp;$227962 | &nbsp;&nbsp;$252269 | &nbsp;&nbsp;$376984 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.71%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.44% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.56% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.40%, 0.48%, 0.41%, 0.37%, 0.08% and 0.06% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.02%, 0.02%, 0.01%, 0.01% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Global Macro Absolute Return Fund (the Fund) is a non-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 offers five classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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, 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 Fund invests its assets in interests in Global Macro Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objective and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (approximately 100% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The consolidated financial statements of the Portfolio, including the consolidated portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Consolidated Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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 required to recognize its pro rata share of the capital gains taxes incurred by the Portfolio. In doing so, the daily net asset value would reflect the Fund's pro rata share of the estimated reserve for such taxes incurred by the Portfolio.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

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[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

The Fund expects to pay any required income distributions monthly and intends to distribute annually all or substantially all of its net realized capital gains. The Fund may include in its distributions amounts attributable to the imputed interest on foreign currency exposures and certain other derivative positions which, in certain circumstances, may result in a return of capital for federal income tax purposes. 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $417,678,625 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, can be carried forward for an unlimited period, and retain the same short-term or long-term character as when originally deferred. Of the deferred capital losses at October 31, 2025, $32,996,116 are short-term and $384,682,509 are long-term.

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 investment adviser fee is computed at an annual rate as a percentage of the Fund's average daily net assets that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser or administrator 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;0.615% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.595% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.575% |
| $1.5 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.555% |
| $2 billion but less than $3 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.520% |
| $3 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.490% |
| $5 billion but less than $10 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.475% |
| $10 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.465% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. Pursuant to an investment sub-advisory agreement, EVM has delegated a portion of the investment management of the Fund to Morgan Stanley Investment Management Limited. (MSIM Ltd.), an affiliate of EVM and an indirect, wholly-owned subsidiary of Morgan Stanley. EVM pays MSIM Ltd. a portion of its investment adviser fee for sub-advisory services provided to the Fund. To the extent the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR) to render investment advisory services. See Note 2 of the Portfolio's Notes to Consolidated Financial Statements which are included elsewhere in this report. EVM also serves as the administrator of the Fund, but receives no compensation.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $36,757 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,

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[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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received $8,008 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. The Fund was informed that Morgan Stanley affiliated broker-dealers, which may be deemed to be affiliates of EVM and EVD, also received a portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026 in the amount of $2,792. EVD also received distribution and service fees from Class A, Class C and Class R shares (see Note 4) and contingent deferred sales charges (see Note 5).

Trustees and officers of the Fund who are members of EVM's or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

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 six months ended April 30, 2026 amounted to $346,360 for Class A shares.

The Fund also has in effect distribution plans for Class C shares (Class C Plan) and Class R shares (Class R 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $75,306 for Class C shares. 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $2,817 for Class R shares.

Pursuant to the Class C and Class R Plans, 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 six months ended April 30, 2026 amounted to $25,102 and $2,817 for Class C and Class R shares, respectively.

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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received $447 of CDSCs paid by Class C shareholders and no CDSCs paid by Class A shareholders.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $650,733,054 and $32,017,264, respectively.

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[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Eaton Vance

Global Macro Absolute Return Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — 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, were as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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;10035196 | &nbsp;&nbsp;&nbsp;&nbsp;$90013689 | &nbsp;&nbsp;&nbsp;&nbsp; 12764649 | &nbsp;&nbsp;&nbsp;&nbsp;$110928442 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 1171735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10460284 | &nbsp;&nbsp;&nbsp;&nbsp; 1146693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9849334 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4490769) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40273980) | &nbsp;&nbsp;&nbsp;&nbsp; (4873928) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (42046454) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **6716162** | &nbsp;&nbsp;&nbsp;&nbsp;**$60199993** | &nbsp;&nbsp;&nbsp;&nbsp; **9037414** | &nbsp;&nbsp;&nbsp;&nbsp;**$78731322** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 808492 | &nbsp;&nbsp;&nbsp;&nbsp;$7290129 | &nbsp;&nbsp;&nbsp;&nbsp; 580361 | &nbsp;&nbsp;&nbsp;&nbsp;$5061606 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 71618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 642111 | &nbsp;&nbsp;&nbsp;&nbsp; 88559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 761880 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (310578) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2796905) | &nbsp;&nbsp;&nbsp;&nbsp; (701446) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6045590) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **569532** | &nbsp;&nbsp;&nbsp;&nbsp;**$5135335** | &nbsp;&nbsp;&nbsp;&nbsp; **(32526)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(222104)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;95846744 | &nbsp;&nbsp;&nbsp;&nbsp;$858351755 | &nbsp;&nbsp;&nbsp;&nbsp;155399346 | &nbsp;&nbsp;&nbsp;&nbsp;$1338888373 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp;11687978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104064235 | &nbsp;&nbsp;&nbsp;&nbsp; 10997347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94353480 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(32020093) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(286592935) | &nbsp;&nbsp;&nbsp;&nbsp;(48203902) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (413395250) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**75514629** | &nbsp;&nbsp;&nbsp;&nbsp;**$675823055** | &nbsp;&nbsp;&nbsp;&nbsp;**118192791** | &nbsp;&nbsp;&nbsp;&nbsp;**$1019846603** |
| **Class R** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 123461 | &nbsp;&nbsp;&nbsp;&nbsp;$1108846 | &nbsp;&nbsp;&nbsp;&nbsp; 70341 | &nbsp;&nbsp;&nbsp;&nbsp;$606117 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 9261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82838 | &nbsp;&nbsp;&nbsp;&nbsp; 11624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99843 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (46474) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (416314) | &nbsp;&nbsp;&nbsp;&nbsp; (60781) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (522535) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **86248** | &nbsp;&nbsp;&nbsp;&nbsp;**$775370** | &nbsp;&nbsp;&nbsp;&nbsp; **21184** | &nbsp;&nbsp;&nbsp;&nbsp;**$183425** |
| **Class R6** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 2878822 | &nbsp;&nbsp;&nbsp;&nbsp;$25784796 | &nbsp;&nbsp;&nbsp;&nbsp; 5783725 | &nbsp;&nbsp;&nbsp;&nbsp;$49625092 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 246819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2194857 | &nbsp;&nbsp;&nbsp;&nbsp; 293068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2508071 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1495670) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13358998) | &nbsp;&nbsp;&nbsp;&nbsp; (6568622) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (56107896) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **1629971** | &nbsp;&nbsp;&nbsp;&nbsp;**$14620655** | &nbsp;&nbsp;&nbsp;&nbsp; **(491829)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(3974733)** |

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[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited)

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Collateralized Mortgage Obligations — 0.7%

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| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2344, Class ZD, 6.50%, 8/15/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72 | &nbsp;&nbsp;$73982 |
| &nbsp;&nbsp;&nbsp;Series 2458, Class ZB, 7.00%, 6/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178 | &nbsp;&nbsp;&nbsp;&nbsp; 185655 |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;Series 1998-16, Class H, 7.00%, 4/18/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp; 15831 |
| &nbsp;&nbsp;&nbsp;Series 1998-44, Class ZA, 6.50%, 7/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29 | &nbsp;&nbsp;&nbsp;&nbsp; 29903 |
| &nbsp;&nbsp;&nbsp;Series 1999-25, Class Z, 6.00%, 6/25/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp; 37136 |
| &nbsp;&nbsp;&nbsp;Series 2000-2, Class ZE, 7.50%, 2/25/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp; 6520 |
| &nbsp;&nbsp;&nbsp;Series 2001-31, Class ZA, 6.00%, 7/25/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297 | &nbsp;&nbsp;&nbsp;&nbsp; 300638 |
| &nbsp;&nbsp;&nbsp;Series 2001-74, Class QE, 6.00%, 12/25/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129 | &nbsp;&nbsp;&nbsp;&nbsp; 132104 |
| &nbsp;&nbsp;&nbsp;Series 2009-48, Class WA, 5.771%, 7/25/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471 | &nbsp;&nbsp;&nbsp;&nbsp; 479314 |
| &nbsp;&nbsp;&nbsp;Series 2011-38, Class SA, 2.221%, (13.157% - 30-day SOFR Average x 3.00), 5/25/41<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648 | &nbsp;&nbsp;&nbsp;&nbsp; 479145 |
| JPM Lending Facility, 10.649%, (SOFR + 7.00%), 7/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7013 | &nbsp;&nbsp;&nbsp;&nbsp; 7037037 |
| Unison Trust, Series 2021-1, Class A, 6.50%, 4/25/50<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19615 | &nbsp;&nbsp;&nbsp;&nbsp; 18635132 |
| Total Collateralized Mortgage Obligations<br> (identified cost $28,398,274) |  | &nbsp;&nbsp;**$27412397** |

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&nbsp;&nbsp;&nbsp;&nbsp;

Common Stocks — 5.5%

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| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Argentina — 0.4% | Argentina — 0.4% | Argentina — 0.4% |
| Banco BBVA Argentina SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47072 | &nbsp;&nbsp;$671247 |
| Banco Macro SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29680 | &nbsp;&nbsp;&nbsp;&nbsp; 2136960 |
| Central Puerto SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30447 | &nbsp;&nbsp;&nbsp;&nbsp; 429607 |
| Corp. America Airports SA<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11484 | &nbsp;&nbsp;&nbsp;&nbsp; 286526 |
| Cresud SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12229 | &nbsp;&nbsp;&nbsp;&nbsp; 137576 |
| Empresa Distribuidora Y Comercializadora Norte ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6339 | &nbsp;&nbsp;&nbsp;&nbsp; 158792 |
| Grupo Financiero Galicia SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85214 | &nbsp;&nbsp;&nbsp;&nbsp; 3522747 |
| Grupo Supervielle SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41256 | &nbsp;&nbsp;&nbsp;&nbsp; 339537 |
| IRSA Inversiones y Representaciones SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10125 | &nbsp;&nbsp;&nbsp;&nbsp; 141446 |
| Loma Negra Cia Industrial Argentina SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16420 | &nbsp;&nbsp;&nbsp;&nbsp; 181277 |
| Pampa Energia SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12573 | &nbsp;&nbsp;&nbsp;&nbsp; 1041925 |
| Telecom Argentina SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24978 | &nbsp;&nbsp;&nbsp;&nbsp; 298237 |
| Transportadora de Gas del Sur SA, Class B ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22385 | &nbsp;&nbsp;&nbsp;&nbsp; 682966 |
| Vista Energy SAB de CV ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30067 | &nbsp;&nbsp;&nbsp;&nbsp; 2234579 |
| YPF SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64680 | &nbsp;&nbsp;&nbsp;&nbsp; 2920949 |
|  |  | &nbsp;&nbsp;**$15184371** |

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| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Belgium — 0.0%<sup>†</sup> | Belgium — 0.0%<sup>†</sup> | Belgium — 0.0%<sup>†</sup> |
| Cenergy Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30003 | &nbsp;&nbsp;$844490 |
|  |  | &nbsp;&nbsp;**$844490** |
| Brazil — 0.0%<sup>†</sup> | Brazil — 0.0%<sup>†</sup> | Brazil — 0.0%<sup>†</sup> |
| Adecoagro SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10804 | &nbsp;&nbsp;$152228 |
| Arcos Dorados Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48862 | &nbsp;&nbsp;&nbsp;&nbsp; 435849 |
|  |  | &nbsp;&nbsp;**$588077** |
| Bulgaria — 0.2% | Bulgaria — 0.2% | Bulgaria — 0.2% |
| Eurohold Bulgaria AD<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5122901 | &nbsp;&nbsp;$6564276 |
|  |  | &nbsp;&nbsp;**$6564276** |
| Canada — 0.0%<sup>†</sup> | Canada — 0.0%<sup>†</sup> | Canada — 0.0%<sup>†</sup> |
| Amaroq Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517800 | &nbsp;&nbsp;$686819 |
| Lithium Argentina AG<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46088 | &nbsp;&nbsp;&nbsp;&nbsp; 468715 |
|  |  | &nbsp;&nbsp;**$1155534** |
| China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> |
| Shimao Group Holdings Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582390 | &nbsp;&nbsp;$12419 |
| Times China Holdings Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1518847 | &nbsp;&nbsp;&nbsp;&nbsp; 10567 |
|  |  | &nbsp;&nbsp;**$22986** |
| Cyprus — 0.4% | Cyprus — 0.4% | Cyprus — 0.4% |
| Bank of Cyprus Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;1293000 | &nbsp;&nbsp;$14012030 |
|  |  | &nbsp;&nbsp;**$14012030** |
| Georgia — 0.2% | Georgia — 0.2% | Georgia — 0.2% |
| Georgia Capital PLC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133952 | &nbsp;&nbsp;$7136440 |
|  |  | &nbsp;&nbsp;**$7136440** |
| Greece — 0.8% | Greece — 0.8% | Greece — 0.8% |
| Alpha Bank SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485181 | &nbsp;&nbsp;$1947143 |
| Athens International Airport SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29513 | &nbsp;&nbsp;&nbsp;&nbsp; 336522 |
| CrediaBank SA<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1154564 | &nbsp;&nbsp;&nbsp;&nbsp; 1637971 |
| Eurobank SA | &nbsp;&nbsp;&nbsp;&nbsp;1005367 | &nbsp;&nbsp;&nbsp;&nbsp; 4374404 |
| GEK TERNA SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41900 | &nbsp;&nbsp;&nbsp;&nbsp; 2013574 |
| Hellenic Telecommunications Organization SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74862 | &nbsp;&nbsp;&nbsp;&nbsp; 1600537 |
| Helleniq Energy Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34400 | &nbsp;&nbsp;&nbsp;&nbsp; 397099 |
| Ideal Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22813 | &nbsp;&nbsp;&nbsp;&nbsp; 156426 |
| JUMBO SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48994 | &nbsp;&nbsp;&nbsp;&nbsp; 1337274 |
| LAMDA Development SA<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30988 | &nbsp;&nbsp;&nbsp;&nbsp; 220743 |
| Metlen Energy & Metals PLC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64250 | &nbsp;&nbsp;&nbsp;&nbsp; 2715353 |
| Motor Oil (Hellas) Corinth Refineries SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28366 | &nbsp;&nbsp;&nbsp;&nbsp; 1266125 |
| National Bank of Greece SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232955 | &nbsp;&nbsp;&nbsp;&nbsp; 3691914 |
| Optima bank SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77763 | &nbsp;&nbsp;&nbsp;&nbsp; 813561 |

---

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Greece (continued) | Greece (continued) | Greece (continued) |
| Piraeus Bank SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352537 | &nbsp;&nbsp;$3337485 |
| Public Power Corp. SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119835 | &nbsp;&nbsp;&nbsp;&nbsp; 2544410 |
| Qualco Group SA<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52437 | &nbsp;&nbsp;&nbsp;&nbsp; 340867 |
| Titan SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16242 | &nbsp;&nbsp;&nbsp;&nbsp; 873046 |
|  |  | &nbsp;&nbsp;**$29604454** |
| Hungary — 0.6% | Hungary — 0.6% | Hungary — 0.6% |
| Magyar Telekom Telecommunications PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300825 | &nbsp;&nbsp;$2382922 |
| MOL Hungarian Oil & Gas PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357666 | &nbsp;&nbsp;&nbsp;&nbsp; 4777057 |
| OTP Bank Nyrt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105229 | &nbsp;&nbsp;&nbsp;&nbsp; 14114250 |
| Richter Gedeon Nyrt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52467 | &nbsp;&nbsp;&nbsp;&nbsp; 2213044 |
|  |  | &nbsp;&nbsp;**$23487273** |
| Iceland — 0.4% | Iceland — 0.4% | Iceland — 0.4% |
| Arion Banki Hf.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1881577 | &nbsp;&nbsp;$2945231 |
| Bera Hf.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3273323 | &nbsp;&nbsp;&nbsp;&nbsp; 409548 |
| Eik fasteignafelag Hf. | &nbsp;&nbsp;&nbsp;&nbsp;3253209 | &nbsp;&nbsp;&nbsp;&nbsp; 373091 |
| Eimskipafelag Islands Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220734 | &nbsp;&nbsp;&nbsp;&nbsp; 443261 |
| Festi Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378876 | &nbsp;&nbsp;&nbsp;&nbsp; 1024073 |
| Hagar Hf. | &nbsp;&nbsp;&nbsp;&nbsp;1767490 | &nbsp;&nbsp;&nbsp;&nbsp; 1733595 |
| Hampidjan Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356548 | &nbsp;&nbsp;&nbsp;&nbsp; 259994 |
| Heimar Hf. | &nbsp;&nbsp;&nbsp;&nbsp;2553766 | &nbsp;&nbsp;&nbsp;&nbsp; 716954 |
| Icelandair Group Hf.<sup>(5)</sup> | 54957023 | &nbsp;&nbsp;&nbsp;&nbsp; 345514 |
| Islandsbanki Hf. | &nbsp;&nbsp;&nbsp;&nbsp;2648039 | &nbsp;&nbsp;&nbsp;&nbsp; 3098655 |
| Kaldalon Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304700 | &nbsp;&nbsp;&nbsp;&nbsp; 64839 |
| Kvika banki Hf. | &nbsp;&nbsp;&nbsp;&nbsp;6468924 | &nbsp;&nbsp;&nbsp;&nbsp; 818363 |
| Reitir fasteignafelag Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875641 | &nbsp;&nbsp;&nbsp;&nbsp; 810740 |
| Siminn Hf. | &nbsp;&nbsp;&nbsp;&nbsp;3639484 | &nbsp;&nbsp;&nbsp;&nbsp; 358892 |
| Sjova-Almennar Tryggingar Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191700 | &nbsp;&nbsp;&nbsp;&nbsp; 62398 |
| Skagi Hf. | &nbsp;&nbsp;&nbsp;&nbsp;2290750 | &nbsp;&nbsp;&nbsp;&nbsp; 351311 |
|  |  | &nbsp;&nbsp;**$13816459** |
| India — 0.6% | India — 0.6% | India — 0.6% |
| Ambuja Cements Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98100 | &nbsp;&nbsp;$461382 |
| Apollo Hospitals Enterprise Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp; 581189 |
| Asian Paints Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16400 | &nbsp;&nbsp;&nbsp;&nbsp; 425554 |
| Bharti Airtel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25200 | &nbsp;&nbsp;&nbsp;&nbsp; 503746 |
| Dabur India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99500 | &nbsp;&nbsp;&nbsp;&nbsp; 464272 |
| DLF Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84900 | &nbsp;&nbsp;&nbsp;&nbsp; 528471 |
| Fortis Healthcare Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59500 | &nbsp;&nbsp;&nbsp;&nbsp; 581945 |
| HDFC Asset Management Co. Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19700 | &nbsp;&nbsp;&nbsp;&nbsp; 565255 |
| HDFC Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55900 | &nbsp;&nbsp;&nbsp;&nbsp; 457210 |
| HDFC Life Insurance Co. Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67100 | &nbsp;&nbsp;&nbsp;&nbsp; 416787 |
| Hero MotoCorp Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 486332 |
| Hindustan Aeronautics Ltd.<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;&nbsp; 238747 |
| Hindustan Unilever Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19500 | &nbsp;&nbsp;&nbsp;&nbsp; 463568 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| India (continued) | India (continued) | India (continued) |
| ICICI Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35300 | &nbsp;&nbsp;$473667 |
| ICICI Prudential Life Insurance Co. Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67400 | &nbsp;&nbsp;&nbsp;&nbsp; 365838 |
| Infosys Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127131 | &nbsp;&nbsp;&nbsp;&nbsp; 1600467 |
| ITC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158600 | &nbsp;&nbsp;&nbsp;&nbsp; 528065 |
| Jindal Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39700 | &nbsp;&nbsp;&nbsp;&nbsp; 513725 |
| JSW Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42200 | &nbsp;&nbsp;&nbsp;&nbsp; 564959 |
| Kwality Wall's India Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;&nbsp; 2812 |
| Lodha Developers Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55000 | &nbsp;&nbsp;&nbsp;&nbsp; 524239 |
| Marico Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67900 | &nbsp;&nbsp;&nbsp;&nbsp; 555840 |
| Maruti Suzuki India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp; 465567 |
| Max Healthcare Institute Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48700 | &nbsp;&nbsp;&nbsp;&nbsp; 512398 |
| Muthoot Finance Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12100 | &nbsp;&nbsp;&nbsp;&nbsp; 438453 |
| Nippon Life India Asset Management Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62500 | &nbsp;&nbsp;&nbsp;&nbsp; 669205 |
| Oberoi Realty Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp; 618966 |
| One 97 Communications Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44100 | &nbsp;&nbsp;&nbsp;&nbsp; 512510 |
| Persistent Systems Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33700 | &nbsp;&nbsp;&nbsp;&nbsp; 1721847 |
| Reliance Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35300 | &nbsp;&nbsp;&nbsp;&nbsp; 535374 |
| SBI Life Insurance Co. Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21600 | &nbsp;&nbsp;&nbsp;&nbsp; 414843 |
| State Bank of India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44600 | &nbsp;&nbsp;&nbsp;&nbsp; 504470 |
| Tata Consultancy Services Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66800 | &nbsp;&nbsp;&nbsp;&nbsp; 1752985 |
| Tata Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227300 | &nbsp;&nbsp;&nbsp;&nbsp; 508278 |
| TVS Motor Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13900 | &nbsp;&nbsp;&nbsp;&nbsp; 514743 |
| UltraTech Cement Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3900 | &nbsp;&nbsp;&nbsp;&nbsp; 478525 |
| Varun Beverages Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89200 | &nbsp;&nbsp;&nbsp;&nbsp; 485872 |
| Wipro Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899000 | &nbsp;&nbsp;&nbsp;&nbsp; 1915558 |
|  |  | &nbsp;&nbsp;**$23353664** |
| Luxembourg — 0.0%<sup>†</sup> | Luxembourg — 0.0%<sup>†</sup> | Luxembourg — 0.0%<sup>†</sup> |
| Alvotech SA<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159503 | &nbsp;&nbsp;$540545 |
|  |  | &nbsp;&nbsp;**$540545** |
| Nigeria — 0.1% | Nigeria — 0.1% | Nigeria — 0.1% |
| Access Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;2840529 | &nbsp;&nbsp;$55943 |
| Fidelity Bank PLC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1331659 | &nbsp;&nbsp;&nbsp;&nbsp; 19304 |
| First HoldCo PLC | 11959968 | &nbsp;&nbsp;&nbsp;&nbsp; 559894 |
| Guaranty Trust Holding Co. PLC | &nbsp;&nbsp;&nbsp;&nbsp;3866699 | &nbsp;&nbsp;&nbsp;&nbsp; 379737 |
| Nigerian Breweries PLC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542654 | &nbsp;&nbsp;&nbsp;&nbsp; 31073 |
| Transnational Corp. of Nigeria PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213337 | &nbsp;&nbsp;&nbsp;&nbsp; 6927 |
| United Bank for Africa PLC | 13107185 | &nbsp;&nbsp;&nbsp;&nbsp; 407053 |
| Zenith Bank PLC | 11224146 | &nbsp;&nbsp;&nbsp;&nbsp; 1066806 |
|  |  | &nbsp;&nbsp;**$2526737** |
| Philippines — 0.2% | Philippines — 0.2% | Philippines — 0.2% |
| Ayala Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47840 | &nbsp;&nbsp;$363748 |
| Ayala Land, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1510100 | &nbsp;&nbsp;&nbsp;&nbsp; 371558 |
| Bank of the Philippine Islands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393220 | &nbsp;&nbsp;&nbsp;&nbsp; 572504 |

---

*15*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Philippines (continued) | Philippines (continued) | Philippines (continued) |
| BDO Unibank, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422827 | &nbsp;&nbsp;$790667 |
| International Container Terminal Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162290 | &nbsp;&nbsp;&nbsp;&nbsp; 1880886 |
| SM Investments Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93640 | &nbsp;&nbsp;&nbsp;&nbsp; 923359 |
| SM Prime Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2655600 | &nbsp;&nbsp;&nbsp;&nbsp; 821773 |
|  |  | &nbsp;&nbsp;**$5724495** |
| Poland — 0.0%<sup>†</sup> | Poland — 0.0%<sup>†</sup> | Poland — 0.0%<sup>†</sup> |
| Budimex SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4170 | &nbsp;&nbsp;$758119 |
| Grupa Kety SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2041 | &nbsp;&nbsp;&nbsp;&nbsp; 623367 |
|  |  | &nbsp;&nbsp;**$1381486** |
| Puerto Rico — 0.1% | Puerto Rico — 0.1% | Puerto Rico — 0.1% |
| Liberty Latin America Ltd., Class C<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564900 | &nbsp;&nbsp;$4694319 |
|  |  | &nbsp;&nbsp;**$4694319** |
| Slovenia — 0.2% | Slovenia — 0.2% | Slovenia — 0.2% |
| Nova Ljubljanska Banka DD GDR<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157872 | &nbsp;&nbsp;$8279827 |
|  |  | &nbsp;&nbsp;**$8279827** |
| Switzerland — 0.0%<sup>†</sup> | Switzerland — 0.0%<sup>†</sup> | Switzerland — 0.0%<sup>†</sup> |
| Oculis Holding AG<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26940 | &nbsp;&nbsp;$725170 |
|  |  | &nbsp;&nbsp;**$725170** |
| United Arab Emirates — 0.2% | United Arab Emirates — 0.2% | United Arab Emirates — 0.2% |
| Aldar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;1776620 | &nbsp;&nbsp;$3736417 |
| Emaar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;1737560 | &nbsp;&nbsp;&nbsp;&nbsp; 5594940 |
|  |  | &nbsp;&nbsp;**$9331357** |
| United States — 0.0%<sup>†</sup> | United States — 0.0%<sup>†</sup> | United States — 0.0%<sup>†</sup> |
| JBT Marel Corp.<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1771 | &nbsp;&nbsp;$209155 |
| JBT Marel Corp.<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1429 | &nbsp;&nbsp;&nbsp;&nbsp; 170192 |
|  |  | &nbsp;&nbsp;**$379347** |
| Vietnam — 1.1% | Vietnam — 1.1% | Vietnam — 1.1% |
| Asia Commercial Bank JSC | &nbsp;&nbsp;&nbsp;&nbsp;2067600 | &nbsp;&nbsp;$1849339 |
| Bank for Foreign Trade of Vietnam JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390958 | &nbsp;&nbsp;&nbsp;&nbsp; 889956 |
| Bank for Investment & Development of Vietnam JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835200 | &nbsp;&nbsp;&nbsp;&nbsp; 1273715 |
| Binh Minh Plastics JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37000 | &nbsp;&nbsp;&nbsp;&nbsp; 203732 |
| Coteccons Construction JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266805 | &nbsp;&nbsp;&nbsp;&nbsp; 883336 |
| Duc Giang Chemicals JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73500 | &nbsp;&nbsp;&nbsp;&nbsp; 149663 |
| FPT Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713377 | &nbsp;&nbsp;&nbsp;&nbsp; 2049648 |
| FPT Digital Retail JSC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181125 | &nbsp;&nbsp;&nbsp;&nbsp; 1023012 |
| Gemadept Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768500 | &nbsp;&nbsp;&nbsp;&nbsp; 2200165 |
| Hoa Phat Group JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843750 | &nbsp;&nbsp;&nbsp;&nbsp; 889847 |
| IDICO Corp. JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161460 | &nbsp;&nbsp;&nbsp;&nbsp; 276860 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Vietnam (continued) | Vietnam (continued) | Vietnam (continued) |
| Khang Dien House Trading & Investment JSC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;667456 | &nbsp;&nbsp;$644449 |
| KIDO Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13562 | &nbsp;&nbsp;&nbsp;&nbsp; 22535 |
| Kinh Bac City Development Holding Corp.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;748800 | &nbsp;&nbsp;&nbsp;&nbsp; 964216 |
| Masan Group Corp.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287600 | &nbsp;&nbsp;&nbsp;&nbsp; 839117 |
| Military Commercial Joint Stock Bank | &nbsp;&nbsp;&nbsp;&nbsp;1471877 | &nbsp;&nbsp;&nbsp;&nbsp; 1458793 |
| Mobile World Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929098 | &nbsp;&nbsp;&nbsp;&nbsp; 2971692 |
| Nam Long Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799974 | &nbsp;&nbsp;&nbsp;&nbsp; 843858 |
| PetroVietnam Gas JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402400 | &nbsp;&nbsp;&nbsp;&nbsp; 1152236 |
| Phat Dat Real Estate Development Corp.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458136 | &nbsp;&nbsp;&nbsp;&nbsp; 287582 |
| Phu Nhuan Jewelry JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438210 | &nbsp;&nbsp;&nbsp;&nbsp; 1126884 |
| Refrigeration Electrical Engineering Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380599 | &nbsp;&nbsp;&nbsp;&nbsp; 871858 |
| Saigon Beer Alcohol Beverage Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454900 | &nbsp;&nbsp;&nbsp;&nbsp; 820331 |
| Saigon Thuong Tin Commercial JSB<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456800 | &nbsp;&nbsp;&nbsp;&nbsp; 1172421 |
| SSI Securities Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1604400 | &nbsp;&nbsp;&nbsp;&nbsp; 1693114 |
| Techcom Securities JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;667738 | &nbsp;&nbsp;&nbsp;&nbsp; 1287119 |
| Vietnam Dairy Products JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737081 | &nbsp;&nbsp;&nbsp;&nbsp; 1708194 |
| Vietnam Joint Stock Commercial Bank for Industry & Trade | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423929 | &nbsp;&nbsp;&nbsp;&nbsp; 564003 |
| Vietnam Prosperity JSC Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562500 | &nbsp;&nbsp;&nbsp;&nbsp; 565602 |
| Vietnam Technological & Commercial Joint Stock Bank | &nbsp;&nbsp;&nbsp;&nbsp;1180800 | &nbsp;&nbsp;&nbsp;&nbsp; 1517146 |
| Vingroup JSC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443476 | &nbsp;&nbsp;&nbsp;&nbsp; 3630549 |
| Vinh Hoan Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348300 | &nbsp;&nbsp;&nbsp;&nbsp; 809039 |
| Vinhomes JSC<sup>(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446400 | &nbsp;&nbsp;&nbsp;&nbsp; 2484607 |
| VP Bank Securities Ltd. Co.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637390 | &nbsp;&nbsp;&nbsp;&nbsp; 665898 |
|  |  | &nbsp;&nbsp;**$39790516** |
| Total Common Stocks<br> (identified cost $168,365,664) |  | &nbsp;&nbsp;**$209143853** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Bonds — 0.0%<sup>†</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> |
| Sunac China Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 6/23/26<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2985 | &nbsp;&nbsp;$488766 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/23/28<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2205 | &nbsp;&nbsp;&nbsp;&nbsp; 567910 |
| Times China Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 3/30/27<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2687 | &nbsp;&nbsp;&nbsp;&nbsp; 14885 |
| &nbsp;&nbsp;&nbsp;0.00%, 3/30/27<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558 | &nbsp;&nbsp;&nbsp;&nbsp; 4184 |
| Total Convertible Bonds<br> (identified cost $1,898,921) |  |  | &nbsp;&nbsp;**$1075745** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*16*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

Credit Linked Notes — 0.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| South Africa — 0.1% | South Africa — 0.1% | South Africa — 0.1% | South Africa — 0.1% |
| Absa Bank Ltd. (United Republic of Tanzania): |  |  |  |
| &nbsp;&nbsp;&nbsp;13.50%, 8/2/35<sup>(8)</sup> | TZS | &nbsp;&nbsp;&nbsp;&nbsp;4316000 | &nbsp;&nbsp;$1971541 |
| &nbsp;&nbsp;&nbsp;13.75%, 9/27/50<sup>(8)</sup> | TZS | &nbsp;&nbsp;&nbsp;&nbsp;1442100 | &nbsp;&nbsp;&nbsp;&nbsp; 637567 |
| Total Credit Linked Notes<br> (identified cost $2,545,199) |  |  | &nbsp;&nbsp;**$2609108** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Foreign Corporate Bonds — 5.4%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Angola — 0.1% | Angola — 0.1% | Angola — 0.1% | Angola — 0.1% |
| Sonangol Finance Ltd., 10.00%, 1/29/31<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2925 | &nbsp;&nbsp;$2995630 |
|  |  |  | &nbsp;&nbsp;**$2995630** |
| Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> |
| Generacion Mediterranea SA/Central Termica Roca SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;11.00%, 11/1/31<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216 | &nbsp;&nbsp;$163080 |
| &nbsp;&nbsp;&nbsp;11.00%, 11/1/31<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1157 | &nbsp;&nbsp;&nbsp;&nbsp; 873535 |
|  |  |  | &nbsp;&nbsp;**$1036615** |
| Armenia — 0.0%<sup>†</sup> | Armenia — 0.0%<sup>†</sup> | Armenia — 0.0%<sup>†</sup> | Armenia — 0.0%<sup>†</sup> |
| Ardshinbank CJSC Via Dilijan Finance BV, 6.60%, 1/22/31<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1362 | &nbsp;&nbsp;$1371408 |
|  |  |  | &nbsp;&nbsp;**$1371408** |
| Brazil — 0.5% | Brazil — 0.5% | Brazil — 0.5% | Brazil — 0.5% |
| Braskem Netherlands Finance BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 1/31/30<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7812 | &nbsp;&nbsp;$4624001 |
| &nbsp;&nbsp;&nbsp;7.25%, 2/13/33<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5385 | &nbsp;&nbsp;&nbsp;&nbsp; 3089644 |
| &nbsp;&nbsp;&nbsp;8.00%, 10/15/34<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4453 | &nbsp;&nbsp;&nbsp;&nbsp; 2607855 |
| Raizen Fuels Finance SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.70%, 1/17/35<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5815 | &nbsp;&nbsp;&nbsp;&nbsp; 3188074 |
| &nbsp;&nbsp;&nbsp;6.25%, 7/8/32<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7703 | &nbsp;&nbsp;&nbsp;&nbsp; 4236650 |
| &nbsp;&nbsp;&nbsp;6.45%, 3/5/34<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1148 | &nbsp;&nbsp;&nbsp;&nbsp; 626377 |
|  |  |  | &nbsp;&nbsp;**$18372601** |
| China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> |
| KWG Group Holdings Ltd., 7.875%, 8/30/24<sup>(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1571 | &nbsp;&nbsp;$86405 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| China (continued) | China (continued) | China (continued) | China (continued) |
| Shimao Group Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, (2.00% cash or 3.00% PIK), 7/21/32<sup>(4)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562 | &nbsp;&nbsp;$16848 |
| &nbsp;&nbsp;&nbsp;2.00%, (2.00% cash or 3.00% PIK), 7/21/33<sup>(4)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;842 | &nbsp;&nbsp;&nbsp;&nbsp; 18954 |
| &nbsp;&nbsp;&nbsp;2.00%, (2.00% cash or 3.00% PIK), 1/21/34<sup>(4)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;842 | &nbsp;&nbsp;&nbsp;&nbsp; 17556 |
| &nbsp;&nbsp;&nbsp;5.95%, (5.00% cash or 6.00% PIK), 7/21/31<sup>(4)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3114 | &nbsp;&nbsp;&nbsp;&nbsp; 116761 |
| Times China Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 3/30/29<sup>(4)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602 | &nbsp;&nbsp;&nbsp;&nbsp; 20307 |
| &nbsp;&nbsp;&nbsp;4.20%, 9/30/32<sup>(4)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2244 | &nbsp;&nbsp;&nbsp;&nbsp; 70139 |
|  |  |  | &nbsp;&nbsp;**$346970** |
| Georgia — 0.2% | Georgia — 0.2% | Georgia — 0.2% | Georgia — 0.2% |
| Bank of Georgia JSC, 9.50% to 7/16/29<sup>(6)(11)(12)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3777 | &nbsp;&nbsp;$3958315 |
| TBC Bank Group PLC, 22.00%, 6/5/28<sup>(4)</sup> | UZS | 41540000 | &nbsp;&nbsp;&nbsp;&nbsp; 3497160 |
|  |  |  | &nbsp;&nbsp;**$7455475** |
| Hungary — 0.1% | Hungary — 0.1% | Hungary — 0.1% | Hungary — 0.1% |
| MBH Bank Nyrt, 5.25% to 1/29/29, 1/29/30<sup>(6)(12)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3369 | &nbsp;&nbsp;$3974956 |
|  |  |  | &nbsp;&nbsp;**$3974956** |
| Iceland — 0.0% | Iceland — 0.0% | Iceland — 0.0% | Iceland — 0.0% |
| Wow Air Hf., 0.00%, (3 mo. EURIBOR + 9.00%)<sup>(9)(11)(13)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3679 | &nbsp;&nbsp;$0 |
|  |  |  | &nbsp;&nbsp;**$0** |
| India — 0.2% | India — 0.2% | India — 0.2% | India — 0.2% |
| Porteast Investment Pvt Ltd., 0.00%, 5/29/28 | INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510000 | &nbsp;&nbsp;$6470527 |
| Reliance Communications Ltd., 6.50%, 11/6/20<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp; 27000 |
|  |  |  | &nbsp;&nbsp;**$6497527** |
| Kazakhstan — 0.4% | Kazakhstan — 0.4% | Kazakhstan — 0.4% | Kazakhstan — 0.4% |
| Development Bank of Kazakhstan JSC, 13.00%, 4/15/27<sup>(4)</sup> | KZT | &nbsp;&nbsp;&nbsp;&nbsp;3466500 | &nbsp;&nbsp;$7254776 |
| ForteBank JSC: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.75%, 2/4/30<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4690 | &nbsp;&nbsp;&nbsp;&nbsp; 4842966 |
| &nbsp;&nbsp;&nbsp;9.75% to 11/3/30<sup>(6)(11)(12)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4550 | &nbsp;&nbsp;&nbsp;&nbsp; 4667763 |
|  |  |  | &nbsp;&nbsp;**$16765505** |
| Kyrgyzstan — 0.1% | Kyrgyzstan — 0.1% | Kyrgyzstan — 0.1% | Kyrgyzstan — 0.1% |
| Eldik Bank OAO, 8.50%, 4/23/31<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;$3760394 |
|  |  |  | &nbsp;&nbsp;**$3760394** |

---

*17*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Mexico — 0.0%<sup>†</sup> | Mexico — 0.0%<sup>†</sup> | Mexico — 0.0%<sup>†</sup> | Mexico — 0.0%<sup>†</sup> |
| Alpha Holding SA de CV: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.00%, 2/10/25<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3667 | &nbsp;&nbsp;$27504 |
| &nbsp;&nbsp;&nbsp;10.00%, 12/19/22<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1741 | &nbsp;&nbsp;&nbsp;&nbsp; 13059 |
|  |  |  | &nbsp;&nbsp;**$40563** |
| Mongolia — 0.1% | Mongolia — 0.1% | Mongolia — 0.1% | Mongolia — 0.1% |
| State Bank JSC, 8.90%, 9/25/28<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2510 | &nbsp;&nbsp;$2505524 |
|  |  |  | &nbsp;&nbsp;**$2505524** |
| Supranational — 0.3% | Supranational — 0.3% | Supranational — 0.3% | Supranational — 0.3% |
| Asian Development Bank, 14.50%, 6/26/28 | UZS | 17111900 | &nbsp;&nbsp;$1479689 |
| Corp. Andina de Fomento: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 4/4/34<sup>(6)</sup> | INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559000 | &nbsp;&nbsp;&nbsp;&nbsp; 5653799 |
| &nbsp;&nbsp;&nbsp;8.25%, 4/26/34 | INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452000 | &nbsp;&nbsp;&nbsp;&nbsp; 4755552 |
| European Bank for Reconstruction & Development, 17.35%, 3/1/27<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401 | &nbsp;&nbsp;&nbsp;&nbsp; 418596 |
|  |  |  | &nbsp;&nbsp;**$12307636** |
| Ukraine — 0.2% | Ukraine — 0.2% | Ukraine — 0.2% | Ukraine — 0.2% |
| Kernel Holding SA, 6.75%, 10/27/27<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1266 | &nbsp;&nbsp;$1227981 |
| MHP Lux SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 9/19/29<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;723 | &nbsp;&nbsp;&nbsp;&nbsp; 654940 |
| &nbsp;&nbsp;&nbsp;6.25%, 9/19/29<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1552 | &nbsp;&nbsp;&nbsp;&nbsp; 1405901 |
| &nbsp;&nbsp;&nbsp;10.50%, 7/28/29<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5309 | &nbsp;&nbsp;&nbsp;&nbsp; 5450822 |
|  |  |  | &nbsp;&nbsp;**$8739644** |
| Uzbekistan — 2.1% | Uzbekistan — 2.1% | Uzbekistan — 2.1% | Uzbekistan — 2.1% |
| Heritage Lending Group BV, 19.50%, 5/5/29 | UZS | 221552000 | &nbsp;&nbsp;$18559174 |
| Ipoteka-Bank ATIB: |  |  |  |
| &nbsp;&nbsp;&nbsp;17.50%, 10/9/28<sup>(6)</sup> | UZS | 41010000 | &nbsp;&nbsp;&nbsp;&nbsp; 3551181 |
| &nbsp;&nbsp;&nbsp;20.50%, 4/25/27<sup>(6)</sup> | UZS | 42080000 | &nbsp;&nbsp;&nbsp;&nbsp; 3709974 |
| JSCB Agrobank: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.25%, 10/2/29<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7973 | &nbsp;&nbsp;&nbsp;&nbsp; 8691860 |
| &nbsp;&nbsp;&nbsp;20.75%, 9/15/28 | UZS | 127710000 | &nbsp;&nbsp;&nbsp;&nbsp; 11198888 |
| Uzbek Industrial & Construction Bank ATB: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.45% to 10/23/30<sup>(6)(11)(12)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7110 | &nbsp;&nbsp;&nbsp;&nbsp; 7430721 |
| &nbsp;&nbsp;&nbsp;19.95%, 4/25/28<sup>(6)</sup> | UZS | 43950000 | &nbsp;&nbsp;&nbsp;&nbsp; 4008104 |
| &nbsp;&nbsp;&nbsp;21.00%, 7/24/27<sup>(6)</sup> | UZS | 232110000 | &nbsp;&nbsp;&nbsp;&nbsp; 21002911 |
|  |  |  | &nbsp;&nbsp;**$78152813** |
| Venezuela — 1.1% | Venezuela — 1.1% | Venezuela — 1.1% | Venezuela — 1.1% |
| Petroleos de Venezuela SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 4/12/27<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10078 | &nbsp;&nbsp;$3816929 |
| &nbsp;&nbsp;&nbsp;6.00%, 10/28/22<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16976 | &nbsp;&nbsp;&nbsp;&nbsp; 6069094 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Venezuela (continued) | Venezuela (continued) | Venezuela (continued) | Venezuela (continued) |
| Petroleos de Venezuela SA: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 5/16/24<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9558 | &nbsp;&nbsp;$3774536 |
| &nbsp;&nbsp;&nbsp;6.00%, 11/15/26<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10824 | &nbsp;&nbsp;&nbsp;&nbsp; 4302470 |
| &nbsp;&nbsp;&nbsp;8.50%, 10/20/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 115500 |
| &nbsp;&nbsp;&nbsp;8.50%, 10/20/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8674 | &nbsp;&nbsp;&nbsp;&nbsp; 10017892 |
| &nbsp;&nbsp;&nbsp;9.00%, 11/17/21<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8232 | &nbsp;&nbsp;&nbsp;&nbsp; 3745372 |
| &nbsp;&nbsp;&nbsp;9.75%, 5/17/35<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9478 | &nbsp;&nbsp;&nbsp;&nbsp; 4490392 |
| &nbsp;&nbsp;&nbsp;12.75%, 2/17/22<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9436 | &nbsp;&nbsp;&nbsp;&nbsp; 4854808 |
|  |  |  | &nbsp;&nbsp;**$41186993** |
| Total Foreign Corporate Bonds<br> (identified cost $189,332,970) |  |  | &nbsp;&nbsp;**$205510254** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Insurance Linked Securities — 1.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Reinsurance Side Cars — 0.8% |  |  |
| Beacon RE<sup>(5)(13)(14)(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2963783 | &nbsp;&nbsp;$2983048 |
| Beacon RE<sup>(5)(13)(14)(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3536217 | &nbsp;&nbsp;&nbsp;&nbsp; 3536217 |
| Eden Re II Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023B, 0.00%, 3/19/27<sup>(4)(13)(14)(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7394 | &nbsp;&nbsp;&nbsp;&nbsp; 113127 |
| &nbsp;&nbsp;&nbsp;Series 2024A, 0.00%, 3/17/28<sup>(4)(13)(14)(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31579 | &nbsp;&nbsp;&nbsp;&nbsp; 83125 |
| &nbsp;&nbsp;&nbsp;Series 2024B, 0.00%, 3/17/28<sup>(4)(13)(14)(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6667 | &nbsp;&nbsp;&nbsp;&nbsp; 95123 |
| &nbsp;&nbsp;&nbsp;Series 2025A, 0.00%, 3/19/30<sup>(4)(13)(14)(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93023 | &nbsp;&nbsp;&nbsp;&nbsp; 582130 |
| Mt. Logan Re Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Participating Units<sup>(5)(13)(14)(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 4206800 |
| &nbsp;&nbsp;&nbsp;Series A-1<sup>(13)(15)(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp; 6622091 |
| PartnerRe Ltd.<sup>(5)(13)(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp; 11454300 |
|  |  | &nbsp;&nbsp;**$29675961** |
| Segregated Account/Funds — 0.4% |  |  |
| PartnerRe ILS Fund SAC Ltd.<sup>(5)(13)(15)(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5700000 | &nbsp;&nbsp;$8022750 |
| Voussoir Re Ltd.<sup>(5)(13)(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;815 | &nbsp;&nbsp;&nbsp;&nbsp; 1161383 |
| Voussoir Re Ltd.<sup>(5)(13)(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4531 | &nbsp;&nbsp;&nbsp;&nbsp; 6165557 |
|  |  | &nbsp;&nbsp;**$15349690** |
| Total Insurance Linked Securities<br> (identified cost $38,852,758) |  | &nbsp;&nbsp;**$45025651** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*18*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

Loan Participation Notes — 0.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Uzbekistan — 0.1% | Uzbekistan — 0.1% | Uzbekistan — 0.1% | Uzbekistan — 0.1% |
| Europe Asia Investment Finance BV (borrower - Joint Stock Commercial Bank "Asaka"), 18.70%, 7/21/26<sup>(6)(13)(17)</sup> | UZS | 62624565 | &nbsp;&nbsp;$5258038 |
| Total Loan Participation Notes<br> (identified cost $5,368,712) |  |  | &nbsp;&nbsp;**$5258038** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Senior Floating-Rate Loans — 1.2%<sup>(18)</sup>

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Argentina — 0.5% | Argentina — 0.5% | Argentina — 0.5% |
| Provincia De Neuquen: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.072%, (1 mo. USD Term SOFR + 7.30%), 5/28/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598 | &nbsp;&nbsp;$603934 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.072%, (1 mo. USD Term SOFR + 7.30%), 5/28/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp; 482775 |
| VMOS SA: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.075% - 9.188%, (6 mo. USD Term SOFR + 5.50%), 7/8/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11749 | &nbsp;&nbsp;&nbsp;&nbsp; 11920088 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7/8/30<sup>(19)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8131 | &nbsp;&nbsp;&nbsp;&nbsp; 8130920 |
|  |  | &nbsp;&nbsp;**$21137717** |
| Suriname — 0.7% | Suriname — 0.7% | Suriname — 0.7% |
| Staatsolie Maatschappij Suriname NV: |  |  |
| &nbsp;&nbsp;&nbsp;Revolving Loan, 4/26/32<sup>(19)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22624 | &nbsp;&nbsp;$22624387 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.167%, (3 mo. USD Term SOFR + 5.50%), 5/24/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2376 | &nbsp;&nbsp;&nbsp;&nbsp; 2409915 |
|  |  | &nbsp;&nbsp;**$25034302** |
| Total Senior Floating-Rate Loans<br> (identified cost $45,841,812) |  | &nbsp;&nbsp;**$46172019** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Government Bonds — 32.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Albania — 1.3% | Albania — 1.3% | Albania — 1.3% | Albania — 1.3% |
| Albania Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 11/23/31<sup>(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3050 | &nbsp;&nbsp;$3530775 |
| &nbsp;&nbsp;&nbsp;4.75%, 2/14/35<sup>(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6476 | &nbsp;&nbsp;&nbsp;&nbsp; 7559671 |
| &nbsp;&nbsp;&nbsp;5.90%, 6/9/28<sup>(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6602 | &nbsp;&nbsp;&nbsp;&nbsp; 8091554 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Albania (continued) | Albania (continued) | Albania (continued) | Albania (continued) |
| Albanian Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 1/10/28 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31600 | &nbsp;&nbsp;$390692 |
| &nbsp;&nbsp;&nbsp;3.90%, 1/22/30 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90600 | &nbsp;&nbsp;&nbsp;&nbsp; 1139480 |
| &nbsp;&nbsp;&nbsp;4.05%, 2/7/32 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247000 | &nbsp;&nbsp;&nbsp;&nbsp; 3099966 |
| &nbsp;&nbsp;&nbsp;4.30%, 7/10/27 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293600 | &nbsp;&nbsp;&nbsp;&nbsp; 3643356 |
| &nbsp;&nbsp;&nbsp;4.70%, 2/23/27 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78200 | &nbsp;&nbsp;&nbsp;&nbsp; 970697 |
| &nbsp;&nbsp;&nbsp;4.95%, 7/22/29 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876300 | &nbsp;&nbsp;&nbsp;&nbsp; 11391489 |
| &nbsp;&nbsp;&nbsp;5.25%, 1/26/29 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487600 | &nbsp;&nbsp;&nbsp;&nbsp; 6336940 |
| &nbsp;&nbsp;&nbsp;5.25%, 1/23/35 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107600 | &nbsp;&nbsp;&nbsp;&nbsp; 1408397 |
| &nbsp;&nbsp;&nbsp;5.59%, 2/19/40 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81000 | &nbsp;&nbsp;&nbsp;&nbsp; 1053149 |
| &nbsp;&nbsp;&nbsp;6.13%, 7/25/34 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36300 | &nbsp;&nbsp;&nbsp;&nbsp; 500430 |
|  |  |  | &nbsp;&nbsp;**$49116596** |
| Angola — 0.3% | Angola — 0.3% | Angola — 0.3% | Angola — 0.3% |
| Angola Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.125%, 11/26/49<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3116 | &nbsp;&nbsp;$2982761 |
| &nbsp;&nbsp;&nbsp;9.244%, 1/15/31<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2823 | &nbsp;&nbsp;&nbsp;&nbsp; 3015150 |
| &nbsp;&nbsp;&nbsp;9.375%, 3/31/33<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3361 | &nbsp;&nbsp;&nbsp;&nbsp; 3563207 |
|  |  |  | &nbsp;&nbsp;**$9561118** |
| Argentina — 1.8% | Argentina — 1.8% | Argentina — 1.8% | Argentina — 1.8% |
| Argentina Bonar Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.75% to 7/9/27, 7/9/30<sup>(20)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62725 | &nbsp;&nbsp;$38343792 |
| &nbsp;&nbsp;&nbsp;1.00%, 7/9/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp; 177277 |
| Province of Santa Fe, 8.10%, 12/11/34<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7406 | &nbsp;&nbsp;&nbsp;&nbsp; 7276395 |
| Provincia de Cordoba: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.60%, 2/3/35<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2973 | &nbsp;&nbsp;&nbsp;&nbsp; 2876378 |
| &nbsp;&nbsp;&nbsp;9.75%, 7/2/32<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5382 | &nbsp;&nbsp;&nbsp;&nbsp; 5606699 |
| &nbsp;&nbsp;&nbsp;9.75%, 7/2/32<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2254 | &nbsp;&nbsp;&nbsp;&nbsp; 2348105 |
| Provincia del Chubut Argentina, 9.45%, 4/29/36<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11927 | &nbsp;&nbsp;&nbsp;&nbsp; 12314627 |
|  |  |  | &nbsp;&nbsp;**$68943273** |
| Armenia — 1.3% | Armenia — 1.3% | Armenia — 1.3% | Armenia — 1.3% |
| Republic of Armenia Treasury Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.60%, 4/29/30 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;2822575 | &nbsp;&nbsp;$7821385 |
| &nbsp;&nbsp;&nbsp;9.00%, 10/29/35 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;7364174 | &nbsp;&nbsp;&nbsp;&nbsp; 20394995 |
| &nbsp;&nbsp;&nbsp;9.25%, 4/29/28 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;1439030 | &nbsp;&nbsp;&nbsp;&nbsp; 4019240 |
| &nbsp;&nbsp;&nbsp;9.60%, 10/29/33 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;4241233 | &nbsp;&nbsp;&nbsp;&nbsp; 12213359 |
| &nbsp;&nbsp;&nbsp;9.75%, 10/29/50 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;618877 | &nbsp;&nbsp;&nbsp;&nbsp; 1806022 |
| &nbsp;&nbsp;&nbsp;9.75%, 10/29/52 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673150 | &nbsp;&nbsp;&nbsp;&nbsp; 1959822 |
|  |  |  | &nbsp;&nbsp;**$48214823** |

---

*19*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Barbados — 0.2% | Barbados — 0.2% | Barbados — 0.2% | Barbados — 0.2% |
| Barbados Government International Bonds, 8.00%, 6/26/35<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7699 | &nbsp;&nbsp;$8275270 |
|  |  |  | &nbsp;&nbsp;**$8275270** |
| Benin — 0.1% | Benin — 0.1% | Benin — 0.1% | Benin — 0.1% |
| Benin Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 1/19/32<sup>(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315 | &nbsp;&nbsp;$1487177 |
| &nbsp;&nbsp;&nbsp;4.95%, 1/22/35<sup>(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp; 599925 |
| Benin Sukuk SA, 6.20%, 1/29/33<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921 | &nbsp;&nbsp;&nbsp;&nbsp; 874467 |
|  |  |  | &nbsp;&nbsp;**$2961569** |
| Bosnia and Herzegovina — 0.3% | Bosnia and Herzegovina — 0.3% | Bosnia and Herzegovina — 0.3% | Bosnia and Herzegovina — 0.3% |
| Republic of Srpska International Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 4/2/31<sup>(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3180 | &nbsp;&nbsp;$3786849 |
| &nbsp;&nbsp;&nbsp;6.375%, 5/8/33<sup>(6)(21)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7180 | &nbsp;&nbsp;&nbsp;&nbsp; 8268381 |
|  |  |  | &nbsp;&nbsp;**$12055230** |
| Brazil — 3.9% | Brazil — 3.9% | Brazil — 3.9% | Brazil — 3.9% |
| Brazil Letras do Tesouro Nacional: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/26 | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175000 | &nbsp;&nbsp;$34578449 |
| &nbsp;&nbsp;&nbsp;0.00%, 10/1/26 | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383200 | &nbsp;&nbsp;&nbsp;&nbsp; 73231012 |
| Brazil Notas do Tesouro Nacional, 6.00%, 5/15/35<sup>(22)</sup> | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45664 | &nbsp;&nbsp;&nbsp;&nbsp; 40500028 |
|  |  |  | &nbsp;&nbsp;**$148309489** |
| Colombia — 1.5% | Colombia — 1.5% | Colombia — 1.5% | Colombia — 1.5% |
| Colombia TES: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 3/26/31 | COP | 38770100 | &nbsp;&nbsp;$8125619 |
| &nbsp;&nbsp;&nbsp;7.00%, 6/30/32 | COP | &nbsp;&nbsp;&nbsp;&nbsp;3102000 | &nbsp;&nbsp;&nbsp;&nbsp; 615347 |
| &nbsp;&nbsp;&nbsp;11.75%, 1/24/35 | COP | 73071300 | &nbsp;&nbsp;&nbsp;&nbsp; 18275777 |
| &nbsp;&nbsp;&nbsp;12.50%, 2/27/30 | COP | 22876000 | &nbsp;&nbsp;&nbsp;&nbsp; 5952303 |
| &nbsp;&nbsp;&nbsp;13.25%, 2/9/33 | COP | 94426400 | &nbsp;&nbsp;&nbsp;&nbsp; 25084286 |
|  |  |  | &nbsp;&nbsp;**$58053332** |
| Congo — 0.2% | Congo — 0.2% | Congo — 0.2% | Congo — 0.2% |
| DRC International Bonds, 9.50%, 4/16/37<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7346 | &nbsp;&nbsp;$7514325 |
|  |  |  | &nbsp;&nbsp;**$7514325** |
| Egypt — 1.6% | Egypt — 1.6% | Egypt — 1.6% | Egypt — 1.6% |
| Egypt Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;19.98%, 5/20/30 | EGP | &nbsp;&nbsp;&nbsp;&nbsp;1722389 | &nbsp;&nbsp;$31979381 |
| &nbsp;&nbsp;&nbsp;24.458%, 10/1/27 | EGP | &nbsp;&nbsp;&nbsp;&nbsp;1095914 | &nbsp;&nbsp;&nbsp;&nbsp; 20300428 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Egypt (continued) | Egypt (continued) | Egypt (continued) | Egypt (continued) |
| Egypt Government International Bonds, 9.45%, 2/4/33<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7211 | &nbsp;&nbsp;$7799667 |
|  |  |  | &nbsp;&nbsp;**$60079476** |
| Ethiopia — 0.7% | Ethiopia — 0.7% | Ethiopia — 0.7% | Ethiopia — 0.7% |
| Ethiopia Government International Bonds, 6.625%, 12/11/24<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24357 | &nbsp;&nbsp;$25142757 |
|  |  |  | &nbsp;&nbsp;**$25142757** |
| Georgia — 0.2% | Georgia — 0.2% | Georgia — 0.2% | Georgia — 0.2% |
| Georgia Government International Bonds, 5.125%, 1/28/31<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9430 | &nbsp;&nbsp;$9164297 |
|  |  |  | &nbsp;&nbsp;**$9164297** |
| Ghana — 0.1% | Ghana — 0.1% | Ghana — 0.1% | Ghana — 0.1% |
| Ghana Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 7/3/26<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408 | &nbsp;&nbsp;$404008 |
| &nbsp;&nbsp;&nbsp;5.00% to 7/3/28, 7/3/29<sup>(6)(20)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3404 | &nbsp;&nbsp;&nbsp;&nbsp; 3341249 |
|  |  |  | &nbsp;&nbsp;**$3745257** |
| Hungary — 0.9% | Hungary — 0.9% | Hungary — 0.9% | Hungary — 0.9% |
| Hungary Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 10/27/38 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;6385380 | &nbsp;&nbsp;$15272833 |
| &nbsp;&nbsp;&nbsp;3.00%, 4/25/41 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;4003140 | &nbsp;&nbsp;&nbsp;&nbsp; 9157440 |
| &nbsp;&nbsp;&nbsp;4.00%, 4/28/51 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164600 | &nbsp;&nbsp;&nbsp;&nbsp; 391333 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/24/35 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;2353900 | &nbsp;&nbsp;&nbsp;&nbsp; 8149101 |
|  |  |  | &nbsp;&nbsp;**$32970707** |
| India — 0.7% | India — 0.7% | India — 0.7% | India — 0.7% |
| India Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.09%, 8/5/54 | INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470600 | &nbsp;&nbsp;$4684995 |
| &nbsp;&nbsp;&nbsp;7.24%, 8/18/55 | INR | &nbsp;&nbsp;&nbsp;&nbsp;2288850 | &nbsp;&nbsp;&nbsp;&nbsp; 23194100 |
|  |  |  | &nbsp;&nbsp;**$27879095** |
| Kazakhstan — 2.1% | Kazakhstan — 2.1% | Kazakhstan — 2.1% | Kazakhstan — 2.1% |
| Kazakhstan Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/18/28 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;4212153 | &nbsp;&nbsp;$7466964 |
| &nbsp;&nbsp;&nbsp;5.50%, 9/20/28 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22984 | &nbsp;&nbsp;&nbsp;&nbsp; 39771 |
| &nbsp;&nbsp;&nbsp;5.50%, 4/24/32 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;4933059 | &nbsp;&nbsp;&nbsp;&nbsp; 6661408 |
| &nbsp;&nbsp;&nbsp;7.22%, 12/10/28 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;3288706 | &nbsp;&nbsp;&nbsp;&nbsp; 5840972 |
| &nbsp;&nbsp;&nbsp;7.68%, 8/13/29 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;4275318 | &nbsp;&nbsp;&nbsp;&nbsp; 7428981 |
| &nbsp;&nbsp;&nbsp;8.44%, 5/10/31 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;1808788 | &nbsp;&nbsp;&nbsp;&nbsp; 2972199 |
| &nbsp;&nbsp;&nbsp;8.66%, 4/4/33 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;2945627 | &nbsp;&nbsp;&nbsp;&nbsp; 4574995 |
| &nbsp;&nbsp;&nbsp;10.55%, 7/28/29 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;1226683 | &nbsp;&nbsp;&nbsp;&nbsp; 2316921 |
| &nbsp;&nbsp;&nbsp;10.69%, 8/23/33 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979231 | &nbsp;&nbsp;&nbsp;&nbsp; 1680340 |

---

*20*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Kazakhstan (continued) | Kazakhstan (continued) | Kazakhstan (continued) | Kazakhstan (continued) |
| Kazakhstan Government Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;11.05%, 1/28/37 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143864 | &nbsp;&nbsp;$236955 |
| &nbsp;&nbsp;&nbsp;14.00%, 5/12/31 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;3469539 | &nbsp;&nbsp;&nbsp;&nbsp; 7076505 |
| &nbsp;&nbsp;&nbsp;14.00%, 5/19/32 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34476 | &nbsp;&nbsp;&nbsp;&nbsp; 70008 |
| &nbsp;&nbsp;&nbsp;14.00%, 2/13/35 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;6966116 | &nbsp;&nbsp;&nbsp;&nbsp; 13963400 |
| &nbsp;&nbsp;&nbsp;14.45%, 6/5/33 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;1483264 | &nbsp;&nbsp;&nbsp;&nbsp; 3054365 |
| &nbsp;&nbsp;&nbsp;14.50%, 3/6/34 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657741 | &nbsp;&nbsp;&nbsp;&nbsp; 1354056 |
| &nbsp;&nbsp;&nbsp;14.60%, 3/6/32 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87910 | &nbsp;&nbsp;&nbsp;&nbsp; 182598 |
| &nbsp;&nbsp;&nbsp;15.18%, 2/5/32 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;3956257 | &nbsp;&nbsp;&nbsp;&nbsp; 8392689 |
| &nbsp;&nbsp;&nbsp;16.95%, 10/9/30 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;3045179 | &nbsp;&nbsp;&nbsp;&nbsp; 6841340 |
|  |  |  | &nbsp;&nbsp;**$80154467** |
| Kenya — 0.1% | Kenya — 0.1% | Kenya — 0.1% | Kenya — 0.1% |
| Republic of Kenya Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.875%, 10/9/33<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1373 | &nbsp;&nbsp;$1311586 |
| &nbsp;&nbsp;&nbsp;8.70%, 2/26/39<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;881 | &nbsp;&nbsp;&nbsp;&nbsp; 832551 |
| &nbsp;&nbsp;&nbsp;8.80%, 10/9/38<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972 | &nbsp;&nbsp;&nbsp;&nbsp; 927042 |
|  |  |  | &nbsp;&nbsp;**$3071179** |
| Lebanon — 0.8% | Lebanon — 0.8% | Lebanon — 0.8% | Lebanon — 0.8% |
| Lebanon Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.80%, 4/14/20<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13899 | &nbsp;&nbsp;$3544245 |
| &nbsp;&nbsp;&nbsp;6.00%, 1/27/23<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3481 | &nbsp;&nbsp;&nbsp;&nbsp; 882869 |
| &nbsp;&nbsp;&nbsp;6.10%, 10/4/22<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13750 | &nbsp;&nbsp;&nbsp;&nbsp; 3479850 |
| &nbsp;&nbsp;&nbsp;6.15%, 6/19/20<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2969 | &nbsp;&nbsp;&nbsp;&nbsp; 751992 |
| &nbsp;&nbsp;&nbsp;6.20%, 2/26/25<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1763 | &nbsp;&nbsp;&nbsp;&nbsp; 448899 |
| &nbsp;&nbsp;&nbsp;6.25%, 5/27/22<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1820 | &nbsp;&nbsp;&nbsp;&nbsp; 461415 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/4/24<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1890 | &nbsp;&nbsp;&nbsp;&nbsp; 478761 |
| &nbsp;&nbsp;&nbsp;6.25%, 6/12/25<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2685 | &nbsp;&nbsp;&nbsp;&nbsp; 684675 |
| &nbsp;&nbsp;&nbsp;6.375%, 3/9/20<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 83841 |
| &nbsp;&nbsp;&nbsp;6.40%, 5/26/23<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15473 | &nbsp;&nbsp;&nbsp;&nbsp; 3946775 |
| &nbsp;&nbsp;&nbsp;6.60%, 11/27/26<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2192 | &nbsp;&nbsp;&nbsp;&nbsp; 556605 |
| &nbsp;&nbsp;&nbsp;6.65%, 4/22/24<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13208 | &nbsp;&nbsp;&nbsp;&nbsp; 3368700 |
| &nbsp;&nbsp;&nbsp;6.65%, 11/3/28<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1857 | &nbsp;&nbsp;&nbsp;&nbsp; 473063 |
| &nbsp;&nbsp;&nbsp;6.65%, 2/26/30<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3078 | &nbsp;&nbsp;&nbsp;&nbsp; 792551 |
| &nbsp;&nbsp;&nbsp;6.75%, 11/29/27<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5426 | &nbsp;&nbsp;&nbsp;&nbsp; 1389968 |
| &nbsp;&nbsp;&nbsp;6.85%, 3/23/27<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp; 406722 |
| &nbsp;&nbsp;&nbsp;6.85%, 5/25/29<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11474 | &nbsp;&nbsp;&nbsp;&nbsp; 2943978 |
| &nbsp;&nbsp;&nbsp;7.00%, 12/3/24<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1650 | &nbsp;&nbsp;&nbsp;&nbsp; 418976 |
| &nbsp;&nbsp;&nbsp;7.00%, 3/20/28<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4863 | &nbsp;&nbsp;&nbsp;&nbsp; 1245360 |
| &nbsp;&nbsp;&nbsp;7.00%, 4/22/31<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6931 | &nbsp;&nbsp;&nbsp;&nbsp; 1817027 |
| &nbsp;&nbsp;&nbsp;7.00%, 3/23/32<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1983 | &nbsp;&nbsp;&nbsp;&nbsp; 520260 |
| &nbsp;&nbsp;&nbsp;7.05%, 11/2/35<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1137 | &nbsp;&nbsp;&nbsp;&nbsp; 297823 |
| &nbsp;&nbsp;&nbsp;7.25%, 3/23/37<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3253 | &nbsp;&nbsp;&nbsp;&nbsp; 849377 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Lebanon (continued) | Lebanon (continued) | Lebanon (continued) | Lebanon (continued) |
| Lebanon Government International Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;8.20%, 5/17/33<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1136 | &nbsp;&nbsp;$299623 |
| &nbsp;&nbsp;&nbsp;8.25%, 4/12/21<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520 | &nbsp;&nbsp;&nbsp;&nbsp; 138207 |
|  |  |  | &nbsp;&nbsp;**$30281562** |
| Mongolia — 0.1% | Mongolia — 0.1% | Mongolia — 0.1% | Mongolia — 0.1% |
| Mongolia Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.95%, 3/9/32<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$201849 |
| &nbsp;&nbsp;&nbsp;6.625%, 2/25/30<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 617932 |
| &nbsp;&nbsp;&nbsp;6.625%, 2/25/30<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;&nbsp; 4325522 |
| &nbsp;&nbsp;&nbsp;7.875%, 6/5/29<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 425835 |
|  |  |  | &nbsp;&nbsp;**$5571138** |
| Montenegro — 0.4% | Montenegro — 0.4% | Montenegro — 0.4% | Montenegro — 0.4% |
| Montenegro Government International Bonds, 4.875%, 4/1/32<sup>(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11663 | &nbsp;&nbsp;$13779382 |
|  |  |  | &nbsp;&nbsp;**$13779382** |
| Mozambique — 0.0%<sup>†</sup> | Mozambique — 0.0%<sup>†</sup> | Mozambique — 0.0%<sup>†</sup> | Mozambique — 0.0%<sup>†</sup> |
| Mozambique International Bonds, 9.00%, 9/15/31<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642 | &nbsp;&nbsp;$527643 |
|  |  |  | &nbsp;&nbsp;**$527643** |
| New Zealand — 2.6% | New Zealand — 2.6% | New Zealand — 2.6% | New Zealand — 2.6% |
| New Zealand Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 4/15/37<sup>(6)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11330 | &nbsp;&nbsp;$5528271 |
| &nbsp;&nbsp;&nbsp;4.25%, 5/15/34 | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26957 | &nbsp;&nbsp;&nbsp;&nbsp; 15586562 |
| &nbsp;&nbsp;&nbsp;4.25%, 5/15/36 | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37000 | &nbsp;&nbsp;&nbsp;&nbsp; 21018689 |
| &nbsp;&nbsp;&nbsp;4.50%, 5/15/35 | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41020 | &nbsp;&nbsp;&nbsp;&nbsp; 23961292 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/54<sup>(23)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1360 | &nbsp;&nbsp;&nbsp;&nbsp; 771469 |
| New Zealand Government Bonds Inflation-Linked: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 9/20/40<sup>(6)(22)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23576 | &nbsp;&nbsp;&nbsp;&nbsp; 13324529 |
| &nbsp;&nbsp;&nbsp;3.25%, 9/20/50<sup>(22)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27805 | &nbsp;&nbsp;&nbsp;&nbsp; 16780758 |
|  |  |  | &nbsp;&nbsp;**$96971570** |
| Nigeria — 0.4% | Nigeria — 0.4% | Nigeria — 0.4% | Nigeria — 0.4% |
| Nigeria Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;17.95%, 6/25/32 | NGN | 11771379 | &nbsp;&nbsp;$9017378 |
| &nbsp;&nbsp;&nbsp;18.50%, 2/21/31 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;1503940 | &nbsp;&nbsp;&nbsp;&nbsp; 1170787 |
| &nbsp;&nbsp;&nbsp;19.00%, 2/21/34 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;4500470 | &nbsp;&nbsp;&nbsp;&nbsp; 3718150 |
| &nbsp;&nbsp;&nbsp;22.60%, 1/29/35 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;1604202 | &nbsp;&nbsp;&nbsp;&nbsp; 1560603 |
|  |  |  | &nbsp;&nbsp;**$15466918** |

---

*21*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Paraguay — 0.4% | Paraguay — 0.4% | Paraguay — 0.4% | Paraguay — 0.4% |
| Paraguay Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.90%, 2/9/31<sup>(4)</sup> | PYG | 55698000 | &nbsp;&nbsp;$9122467 |
| &nbsp;&nbsp;&nbsp;7.90%, 2/9/31<sup>(6)</sup> | PYG | 14511000 | &nbsp;&nbsp;&nbsp;&nbsp; 2376677 |
| &nbsp;&nbsp;&nbsp;8.50%, 3/4/35<sup>(4)</sup> | PYG | 16049000 | &nbsp;&nbsp;&nbsp;&nbsp; 2656576 |
|  |  |  | &nbsp;&nbsp;**$14155720** |
| Philippines — 0.4% | Philippines — 0.4% | Philippines — 0.4% | Philippines — 0.4% |
| Philippines Government Bonds, 6.25%, 1/14/36 | PHP | &nbsp;&nbsp;&nbsp;&nbsp;1024000 | &nbsp;&nbsp;$16037213 |
|  |  |  | &nbsp;&nbsp;**$16037213** |
| Poland — 1.9% | Poland — 1.9% | Poland — 1.9% | Poland — 1.9% |
| Republic of Poland Government Bonds, 2.00%, 8/25/36<sup>(22)</sup> | PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282447 | &nbsp;&nbsp;$71512208 |
|  |  |  | &nbsp;&nbsp;**$71512208** |
| Serbia — 0.3% | Serbia — 0.3% | Serbia — 0.3% | Serbia — 0.3% |
| Serbia Treasury Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 8/20/32 | RSD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211870 | &nbsp;&nbsp;$2045119 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/26/31 | RSD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;898610 | &nbsp;&nbsp;&nbsp;&nbsp; 9801810 |
|  |  |  | &nbsp;&nbsp;**$11846929** |
| Sri Lanka — 0.8% | Sri Lanka — 0.8% | Sri Lanka — 0.8% | Sri Lanka — 0.8% |
| Sri Lanka Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.75%, 3/15/36<sup>(1)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75128 | &nbsp;&nbsp;$186997 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/37<sup>(1)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75128 | &nbsp;&nbsp;&nbsp;&nbsp; 184084 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/38<sup>(1)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75128 | &nbsp;&nbsp;&nbsp;&nbsp; 182418 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/39<sup>(1)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75128 | &nbsp;&nbsp;&nbsp;&nbsp; 180942 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/40<sup>(1)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75128 | &nbsp;&nbsp;&nbsp;&nbsp; 179636 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/41<sup>(1)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75128 | &nbsp;&nbsp;&nbsp;&nbsp; 178479 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/42<sup>(1)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75128 | &nbsp;&nbsp;&nbsp;&nbsp; 177454 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/43<sup>(1)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75128 | &nbsp;&nbsp;&nbsp;&nbsp; 176547 |
| &nbsp;&nbsp;&nbsp;9.00%, 10/1/32 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249000 | &nbsp;&nbsp;&nbsp;&nbsp; 720604 |
| &nbsp;&nbsp;&nbsp;9.00%, 6/1/33 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp; 113717 |
| &nbsp;&nbsp;&nbsp;9.00%, 11/1/33 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;2231000 | &nbsp;&nbsp;&nbsp;&nbsp; 6317202 |
| &nbsp;&nbsp;&nbsp;9.75%, 7/1/30 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;1668000 | &nbsp;&nbsp;&nbsp;&nbsp; 5171598 |
| &nbsp;&nbsp;&nbsp;10.25%, 9/15/34 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836000 | &nbsp;&nbsp;&nbsp;&nbsp; 2516336 |
| &nbsp;&nbsp;&nbsp;10.35%, 10/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184000 | &nbsp;&nbsp;&nbsp;&nbsp; 584279 |
| &nbsp;&nbsp;&nbsp;11.00%, 10/15/28 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673000 | &nbsp;&nbsp;&nbsp;&nbsp; 2169169 |
| &nbsp;&nbsp;&nbsp;11.00%, 9/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;571000 | &nbsp;&nbsp;&nbsp;&nbsp; 1845145 |
| &nbsp;&nbsp;&nbsp;11.00%, 12/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;1043000 | &nbsp;&nbsp;&nbsp;&nbsp; 3369766 |
| &nbsp;&nbsp;&nbsp;11.00%, 5/15/30 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94000 | &nbsp;&nbsp;&nbsp;&nbsp; 303974 |
| &nbsp;&nbsp;&nbsp;11.00%, 10/15/30 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329000 | &nbsp;&nbsp;&nbsp;&nbsp; 1063430 |
| &nbsp;&nbsp;&nbsp;11.25%, 3/15/31 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77000 | &nbsp;&nbsp;&nbsp;&nbsp; 250796 |
| &nbsp;&nbsp;&nbsp;11.50%, 12/15/32 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374000 | &nbsp;&nbsp;&nbsp;&nbsp; 1211152 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Sri Lanka (continued) | Sri Lanka (continued) | Sri Lanka (continued) | Sri Lanka (continued) |
| Sri Lanka Government Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;11.75%, 6/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85000 | &nbsp;&nbsp;$279775 |
| Sri Lanka Government International Bonds, 1.50% to 12/15/26, 6/15/38<sup>(4)(20)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4348 | &nbsp;&nbsp;&nbsp;&nbsp; 2900087 |
|  |  |  | &nbsp;&nbsp;**$30263587** |
| Suriname — 0.8% | Suriname — 0.8% | Suriname — 0.8% | Suriname — 0.8% |
| Suriname Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.70%, 11/6/30<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5364 | &nbsp;&nbsp;$5582583 |
| &nbsp;&nbsp;&nbsp;7.70%, 11/6/30<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2071 | &nbsp;&nbsp;&nbsp;&nbsp; 2155393 |
| &nbsp;&nbsp;&nbsp;8.50%, 11/6/35<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19837 | &nbsp;&nbsp;&nbsp;&nbsp; 21556868 |
|  |  |  | &nbsp;&nbsp;**$29294844** |
| Tunisia — 0.0%<sup>†</sup> | Tunisia — 0.0%<sup>†</sup> | Tunisia — 0.0%<sup>†</sup> | Tunisia — 0.0%<sup>†</sup> |
| Tunisian Republic, 3.50%, 2/3/33 | JPY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;$1553819 |
|  |  |  | &nbsp;&nbsp;**$1553819** |
| Turkey — 0.1% | Turkey — 0.1% | Turkey — 0.1% | Turkey — 0.1% |
| Turkiye Government Bonds, 40.918%, 7/4/29<sup>(3)</sup> | TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88644 | &nbsp;&nbsp;$1965736 |
|  |  |  | &nbsp;&nbsp;**$1965736** |
| Uganda — 0.9% | Uganda — 0.9% | Uganda — 0.9% | Uganda — 0.9% |
| Republic of Uganda Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;14.25%, 6/22/34 | UGX | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330800 | &nbsp;&nbsp;$84828 |
| &nbsp;&nbsp;&nbsp;14.375%, 2/3/33 | UGX | &nbsp;&nbsp;&nbsp;&nbsp;2759100 | &nbsp;&nbsp;&nbsp;&nbsp; 720977 |
| &nbsp;&nbsp;&nbsp;15.00%, 6/18/43 | UGX | 14727300 | &nbsp;&nbsp;&nbsp;&nbsp; 3783465 |
| &nbsp;&nbsp;&nbsp;15.80%, 6/23/39 | UGX | 73037800 | &nbsp;&nbsp;&nbsp;&nbsp; 19691219 |
| &nbsp;&nbsp;&nbsp;16.25%, 11/8/35 | UGX | 41119200 | &nbsp;&nbsp;&nbsp;&nbsp; 11531052 |
|  |  |  | &nbsp;&nbsp;**$35811541** |
| Ukraine — 0.7% | Ukraine — 0.7% | Ukraine — 0.7% | Ukraine — 0.7% |
| Ukraine Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00% to 2/1/27, 2/1/35<sup>(6)(20)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573 | &nbsp;&nbsp;$292780 |
| &nbsp;&nbsp;&nbsp;0.00% to 2/1/27, 2/1/36<sup>(6)(20)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2847 | &nbsp;&nbsp;&nbsp;&nbsp; 1455860 |
| &nbsp;&nbsp;&nbsp;4.00% to 2/1/27, 2/1/32<sup>(6)(20)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2602 | &nbsp;&nbsp;&nbsp;&nbsp; 1997999 |
| &nbsp;&nbsp;&nbsp;4.50% to 2/1/27, 2/1/29<sup>(6)(20)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1547 | &nbsp;&nbsp;&nbsp;&nbsp; 1208388 |
| &nbsp;&nbsp;&nbsp;4.50% to 2/1/27, 2/1/34<sup>(6)(20)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12148 | &nbsp;&nbsp;&nbsp;&nbsp; 7466860 |
| &nbsp;&nbsp;&nbsp;4.50% to 2/1/27, 2/1/35<sup>(6)(20)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18504 | &nbsp;&nbsp;&nbsp;&nbsp; 11202438 |
| &nbsp;&nbsp;&nbsp;4.50% to 2/1/27, 2/1/36<sup>(6)(20)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6083 | &nbsp;&nbsp;&nbsp;&nbsp; 3616739 |
|  |  |  | &nbsp;&nbsp;**$27241064** |

---

*22*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| United Arab Emirates — 0.1% | United Arab Emirates — 0.1% | United Arab Emirates — 0.1% | United Arab Emirates — 0.1% |
| Abu Dhabi Government International Bonds, 5.00%, 4/30/34<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$2049245 |
|  |  |  | &nbsp;&nbsp;**$2049245** |
| Uzbekistan — 2.0% | Uzbekistan — 2.0% | Uzbekistan — 2.0% | Uzbekistan — 2.0% |
| National Bank of Uzbekistan, 19.875%, 7/5/27<sup>(6)</sup> | UZS | 90660000 | &nbsp;&nbsp;$7943685 |
| Republic of Uzbekistan Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;12.25%, 4/13/29<sup>(6)</sup> | UZS | 598440000 | &nbsp;&nbsp;&nbsp;&nbsp; 50786854 |
| &nbsp;&nbsp;&nbsp;15.50%, 2/25/28<sup>(6)</sup> | UZS | 78000000 | &nbsp;&nbsp;&nbsp;&nbsp; 7021483 |
| &nbsp;&nbsp;&nbsp;16.25%, 10/12/26<sup>(6)</sup> | UZS | 112430000 | &nbsp;&nbsp;&nbsp;&nbsp; 9773205 |
| &nbsp;&nbsp;&nbsp;16.625%, 5/29/27<sup>(6)</sup> | UZS | 12500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1110064 |
|  |  |  | &nbsp;&nbsp;**$76635291** |
| Venezuela — 0.8% | Venezuela — 0.8% | Venezuela — 0.8% | Venezuela — 0.8% |
| Venezuela Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 12/9/20<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3536 | &nbsp;&nbsp;$1533740 |
| &nbsp;&nbsp;&nbsp;7.00%, 12/1/18<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4066 | &nbsp;&nbsp;&nbsp;&nbsp; 1794123 |
| &nbsp;&nbsp;&nbsp;7.00%, 3/31/38<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426 | &nbsp;&nbsp;&nbsp;&nbsp; 201285 |
| &nbsp;&nbsp;&nbsp;7.65%, 4/21/25<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4430 | &nbsp;&nbsp;&nbsp;&nbsp; 2103142 |
| &nbsp;&nbsp;&nbsp;7.75%, 10/13/19<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8013 | &nbsp;&nbsp;&nbsp;&nbsp; 3684115 |
| &nbsp;&nbsp;&nbsp;8.25%, 10/13/24<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9421 | &nbsp;&nbsp;&nbsp;&nbsp; 4557409 |
| &nbsp;&nbsp;&nbsp;9.00%, 5/7/23<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6187 | &nbsp;&nbsp;&nbsp;&nbsp; 3116903 |
| &nbsp;&nbsp;&nbsp;9.25%, 9/15/27<sup>(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6470 | &nbsp;&nbsp;&nbsp;&nbsp; 3414542 |
| &nbsp;&nbsp;&nbsp;9.25%, 5/7/28<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1030 | &nbsp;&nbsp;&nbsp;&nbsp; 526332 |
| &nbsp;&nbsp;&nbsp;9.375%, 1/13/34<sup>(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447 | &nbsp;&nbsp;&nbsp;&nbsp; 234675 |
| &nbsp;&nbsp;&nbsp;11.75%, 10/21/26<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2064 | &nbsp;&nbsp;&nbsp;&nbsp; 1181238 |
| &nbsp;&nbsp;&nbsp;11.95%, 8/5/31<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5464 | &nbsp;&nbsp;&nbsp;&nbsp; 3121538 |
| &nbsp;&nbsp;&nbsp;12.75%, 8/23/22<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9158 | &nbsp;&nbsp;&nbsp;&nbsp; 5229446 |
| &nbsp;&nbsp;&nbsp;13.625%, 8/15/18<sup>(6)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1239 | &nbsp;&nbsp;&nbsp;&nbsp; 703133 |
| &nbsp;&nbsp;&nbsp;13.625%, 8/15/49<sup>(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;942 | &nbsp;&nbsp;&nbsp;&nbsp; 534585 |
|  |  |  | &nbsp;&nbsp;**$31936206** |
| Zambia — 1.3% | Zambia — 1.3% | Zambia — 1.3% | Zambia — 1.3% |
| Zambia Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;13.00%, 9/20/31<sup>(6)</sup> | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4455 | &nbsp;&nbsp;$223401 |
| &nbsp;&nbsp;&nbsp;13.00%, 6/26/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12254 | &nbsp;&nbsp;&nbsp;&nbsp; 587753 |
| &nbsp;&nbsp;&nbsp;14.00%, 7/24/38 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4548 | &nbsp;&nbsp;&nbsp;&nbsp; 210141 |
| &nbsp;&nbsp;&nbsp;14.50%, 2/16/28 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp; 2159107 |
| &nbsp;&nbsp;&nbsp;14.90%, 2/16/29 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45500 | &nbsp;&nbsp;&nbsp;&nbsp; 2472941 |
| &nbsp;&nbsp;&nbsp;14.98%, 2/16/31 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 107733 |
| &nbsp;&nbsp;&nbsp;16.00%, 10/27/28 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14104 | &nbsp;&nbsp;&nbsp;&nbsp; 783703 |
| &nbsp;&nbsp;&nbsp;16.00%, 11/24/28 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8815 | &nbsp;&nbsp;&nbsp;&nbsp; 490336 |
| &nbsp;&nbsp;&nbsp;16.00%, 2/16/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44665 | &nbsp;&nbsp;&nbsp;&nbsp; 2423195 |
| &nbsp;&nbsp;&nbsp;16.10%, 1/26/31 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17631 | &nbsp;&nbsp;&nbsp;&nbsp; 984958 |
| &nbsp;&nbsp;&nbsp;16.49%, 11/24/30 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20274 | &nbsp;&nbsp;&nbsp;&nbsp; 1147468 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Zambia (continued) | Zambia (continued) | Zambia (continued) | Zambia (continued) |
| Zambia Government Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;16.60%, 2/16/36 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86378 | &nbsp;&nbsp;$4673155 |
| &nbsp;&nbsp;&nbsp;16.85%, 1/26/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25612 | &nbsp;&nbsp;&nbsp;&nbsp; 1423180 |
| &nbsp;&nbsp;&nbsp;16.95%, 12/22/32 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17975 | &nbsp;&nbsp;&nbsp;&nbsp; 1012960 |
| &nbsp;&nbsp;&nbsp;17.00%, 11/24/32 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23801 | &nbsp;&nbsp;&nbsp;&nbsp; 1329606 |
| &nbsp;&nbsp;&nbsp;17.19%, 1/26/36 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53349 | &nbsp;&nbsp;&nbsp;&nbsp; 2948180 |
| &nbsp;&nbsp;&nbsp;17.50%, 11/24/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28208 | &nbsp;&nbsp;&nbsp;&nbsp; 1577701 |
| &nbsp;&nbsp;&nbsp;17.50%, 12/22/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19824 | &nbsp;&nbsp;&nbsp;&nbsp; 1107484 |
| &nbsp;&nbsp;&nbsp;17.59%, 2/16/41 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303242 | &nbsp;&nbsp;&nbsp;&nbsp; 16351771 |
| &nbsp;&nbsp;&nbsp;18.49%, 5/27/32 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4455 | &nbsp;&nbsp;&nbsp;&nbsp; 269123 |
| &nbsp;&nbsp;&nbsp;18.79%, 1/26/41 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17631 | &nbsp;&nbsp;&nbsp;&nbsp; 1000818 |
| &nbsp;&nbsp;&nbsp;18.99%, 10/27/40 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17392 | &nbsp;&nbsp;&nbsp;&nbsp; 996591 |
| &nbsp;&nbsp;&nbsp;18.99%, 11/24/40 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26445 | &nbsp;&nbsp;&nbsp;&nbsp; 1516215 |
| &nbsp;&nbsp;&nbsp;19.00%, 6/23/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8815 | &nbsp;&nbsp;&nbsp;&nbsp; 513799 |
| &nbsp;&nbsp;&nbsp;19.00%, 8/18/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8815 | &nbsp;&nbsp;&nbsp;&nbsp; 517673 |
| &nbsp;&nbsp;&nbsp;19.00%, 9/29/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3085 | &nbsp;&nbsp;&nbsp;&nbsp; 181054 |
| &nbsp;&nbsp;&nbsp;22.50%, 11/25/34 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7934 | &nbsp;&nbsp;&nbsp;&nbsp; 553765 |
| &nbsp;&nbsp;&nbsp;22.80%, 2/17/40 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;732 | &nbsp;&nbsp;&nbsp;&nbsp; 48363 |
| &nbsp;&nbsp;&nbsp;26.50%, 4/30/39 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1891 | &nbsp;&nbsp;&nbsp;&nbsp; 151418 |
| Zambia Government International Bonds, 0.50%, 12/31/53<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1014 | &nbsp;&nbsp;&nbsp;&nbsp; 694898 |
|  |  |  | &nbsp;&nbsp;**$48458490** |
| Total Sovereign Government Bonds<br> (identified cost $1,148,907,013) |  |  | &nbsp;&nbsp;**$1216572366** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Loans — 0.9%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> |
| Provincia De Neuquen, 11.072%, (1 mo. USD Term SOFR + 7.30%), 5/28/27<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568 | &nbsp;&nbsp;$573297 |
|  |  |  | &nbsp;&nbsp;**$573297** |
| Bahamas — 0.2% | Bahamas — 0.2% | Bahamas — 0.2% | Bahamas — 0.2% |
| Commonwealth of the Bahamas, 8.969%, (6 mo. EURIBOR + 6.85%), 11/24/28<sup>(3)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6008 | &nbsp;&nbsp;$7223443 |
|  |  |  | &nbsp;&nbsp;**$7223443** |
| Ivory Coast — 0.0%<sup>†</sup> | Ivory Coast — 0.0%<sup>†</sup> | Ivory Coast — 0.0%<sup>†</sup> | Ivory Coast — 0.0%<sup>†</sup> |
| Republic of Ivory Coast, Term Loan, 7.855%, (6 mo. EURIBOR + 5.75%), 1/6/28<sup>(3)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1066 | &nbsp;&nbsp;$1251111 |
|  |  |  | &nbsp;&nbsp;**$1251111** |

---

*23*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Tanzania — 0.7% | Tanzania — 0.7% | Tanzania — 0.7% | Tanzania — 0.7% |
| Government of the United Republic of Tanzania, Term Loan, 10.409%, (6 mo. USD Term SOFR + 6.30%), 4/28/31<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27186 | &nbsp;&nbsp;$27050508 |
|  |  |  | &nbsp;&nbsp;**$27050508** |
| Total Sovereign Loans<br> (identified cost $35,569,488) |  |  | &nbsp;&nbsp;**$36098359** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Agency Mortgage-Backed Securities — 0.1%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;4.226%, (COF + 1.254%), with maturity at 2029<sup>(24)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;$2191 |
| &nbsp;&nbsp;&nbsp;4.231%, (COF + 1.254%), with maturity at 2035<sup>(24)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp; 40991 |
| &nbsp;&nbsp;&nbsp;4.50%, with maturity at 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52 | &nbsp;&nbsp;&nbsp;&nbsp; 50932 |
| &nbsp;&nbsp;&nbsp;4.655%, (COF + 1.25%), with maturity at 2030<sup>(24)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp; 38880 |
| &nbsp;&nbsp;&nbsp;6.199%, (1 yr. CMT + 2.354%), with maturity at 2036<sup>(24)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218 | &nbsp;&nbsp;&nbsp;&nbsp; 224622 |
| &nbsp;&nbsp;&nbsp;6.60%, with maturity at 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151 | &nbsp;&nbsp;&nbsp;&nbsp; 155388 |
| &nbsp;&nbsp;&nbsp;7.00%, with various maturities to 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201 | &nbsp;&nbsp;&nbsp;&nbsp; 204272 |
| &nbsp;&nbsp;&nbsp;7.50%, with various maturities to 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;433 | &nbsp;&nbsp;&nbsp;&nbsp; 452150 |
| &nbsp;&nbsp;&nbsp;8.00%, with various maturities to 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29 | &nbsp;&nbsp;&nbsp;&nbsp; 29798 |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;3.982%, (COF + 1.254%), with various maturities to 2035<sup>(24)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp; 76693 |
| &nbsp;&nbsp;&nbsp;4.078%, (COF + 1.35%), with maturity at 2027<sup>(24)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp; 4737 |
| &nbsp;&nbsp;&nbsp;4.082%, (COF + 1.302%), with maturity at 2033<sup>(24)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223 | &nbsp;&nbsp;&nbsp;&nbsp; 219904 |
| &nbsp;&nbsp;&nbsp;4.984%, (COF + 1.792%), with maturity at 2035<sup>(24)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;&nbsp;&nbsp; 395882 |
| &nbsp;&nbsp;&nbsp;5.65%, (1 yr. CMT + 2.15%), with maturity at 2028<sup>(24)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp; 2481 |
| &nbsp;&nbsp;&nbsp;6.00%, with maturity at 2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24 | &nbsp;&nbsp;&nbsp;&nbsp; 24867 |
| &nbsp;&nbsp;&nbsp;6.351%, (COF + 2.004%), with maturity at 2032<sup>(24)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp; 75826 |
| &nbsp;&nbsp;&nbsp;6.50%, with maturity at 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149 | &nbsp;&nbsp;&nbsp;&nbsp; 150744 |
| &nbsp;&nbsp;&nbsp;7.00%, with various maturities to 2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177 | &nbsp;&nbsp;&nbsp;&nbsp; 180066 |
| &nbsp;&nbsp;&nbsp;8.50%, with various maturities to 2037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303 | &nbsp;&nbsp;&nbsp;&nbsp; 316736 |
| &nbsp;&nbsp;&nbsp;9.00%, with various maturities to 2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp; 3963 |
| &nbsp;&nbsp;&nbsp;11.50%, with maturity at 2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp; 37145 |
| Government National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, with maturity at 2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77 | &nbsp;&nbsp;&nbsp;&nbsp; 80680 |
| &nbsp;&nbsp;&nbsp;7.00%, with maturity at 2031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp; 81769 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, with maturity at 2028 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;$1908 |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (identified cost $3,033,245) |  | &nbsp;&nbsp;**$2852625** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Guaranteed Small Business Administration Loans — 0.1%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| SBA IO Trust:<br> Interest Only:<sup>(25)(26)</sup><br> Series 2018-2, Class A, 2.263%, 7/25/44<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46345 | &nbsp;&nbsp;$2373958 |
| Total U.S. Government Guaranteed Small Business Administration Loans<br> (identified cost $13,685,791) |  | &nbsp;&nbsp;**$2373958** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 52.8%

Affiliated Fund — 21.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(27)</sup> | 804068570 | &nbsp;&nbsp;$804068570 |
| Total Affiliated Fund<br> (identified cost $804,068,569) |  | &nbsp;&nbsp;**$804068570** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Repurchase Agreements — 7.0%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Barclays Bank PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 6/13/25 with an interest rate of 1.00%, collateralized by EUR 1,200,000 Republic of Poland Government International Bonds, 1.00%, due 3/7/29 and a market value, including accrued interest, of $1,343,245<sup>(28)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1196 | &nbsp;&nbsp;$1403098 |
| &nbsp;&nbsp;&nbsp;Dated 6/13/25 with an interest rate of 1.35%, collateralized by EUR 4,000,000 Republic of Poland Government International Bonds, 1.00%, due 3/7/29 and a market value, including accrued interest, of $4,477,484<sup>(28)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3985 | &nbsp;&nbsp;&nbsp;&nbsp; 4676994 |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 1.75%, collateralized by USD 819,000 Bahrain Government International Bonds, 7.75%, due 4/18/35 and a market value, including accrued interest, of $857,845<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949 | &nbsp;&nbsp;&nbsp;&nbsp; 949016 |

---

*24*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Barclays Bank PLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 2.75%, collateralized by USD 1,759,000 Bahrain Government International Bonds, 7.75%, due 4/18/35 and a market value, including accrued interest, of $1,842,429<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2038 | &nbsp;&nbsp;$2038241 |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 2.76%, collateralized by USD 2,638,000 Bahrain Government International Bonds, 7.50%, due 7/7/37 and a market value, including accrued interest, of $2,752,521<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2968 | &nbsp;&nbsp;&nbsp;&nbsp; 2967750 |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 3.20%, collateralized by USD 2,972,000 Republic of Armenia International Bonds, 3.60%, due 2/2/31 and a market value, including accrued interest, of $2,763,260<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2887 | &nbsp;&nbsp;&nbsp;&nbsp; 2886555 |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 3.20%, collateralized by USD 4,548,000 Kazakhstan Government International Bonds, 4.875%, due 10/14/44 and a market value, including accrued interest, of $4,176,847<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4389 | &nbsp;&nbsp;&nbsp;&nbsp; 4388820 |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 3.25%, collateralized by USD 1,274,000 Kazakhstan Government International Bonds, 6.50%, due 7/21/45 and a market value, including accrued interest, of $1,410,744<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1502 | &nbsp;&nbsp;&nbsp;&nbsp; 1501728 |
| &nbsp;&nbsp;&nbsp;Dated 3/10/26 with an interest rate of 3.25%, collateralized by USD 1,464,000 Abu Dhabi Government International Bonds, 3.875%, due 4/16/50 and a market value, including accrued interest, of $1,113,077<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1222 | &nbsp;&nbsp;&nbsp;&nbsp; 1222440 |
| &nbsp;&nbsp;&nbsp;Dated 3/25/26 with an interest rate of 3.15%, collateralized by USD 2,973,000 Bahrain Government International Bonds, 7.50%, due 2/12/36 and a market value, including accrued interest, of $3,101,485<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3062 | &nbsp;&nbsp;&nbsp;&nbsp; 3062190 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 2.75%, collateralized by USD 523,000 Egypt Government International Bonds, 8.15%, due 11/20/59 and a market value, including accrued interest, of $469,657<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp; 475276 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.00%, collateralized by USD 400,000 Egypt Government International Bonds, 7.50%, due 2/16/61 and a market value, including accrued interest, of $324,826<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332 | &nbsp;&nbsp;&nbsp;&nbsp; 332000 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.00%, collateralized by USD 4,788,000 Saudi Government International Bonds, 3.75%, due 1/21/55 and a market value, including accrued interest, of $3,347,651<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3465 | &nbsp;&nbsp;&nbsp;&nbsp; 3465315 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.00%, collateralized by USD 4,996,000 Saudi Government International Bonds, 4.50%, due 4/22/60 and a market value, including accrued interest, of $3,873,037<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4147 | &nbsp;&nbsp;&nbsp;&nbsp; 4146680 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.00%, collateralized by USD 5,333,000 Abu Dhabi Government International Bonds, 5.50%, due 4/30/54 and a market value, including accrued interest, of $5,185,570<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5533 | &nbsp;&nbsp;&nbsp;&nbsp; 5532987 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Barclays Bank PLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.00%, collateralized by USD 5,334,000 Abu Dhabi Government International Bonds, 3.00%, due 9/15/51 and a market value, including accrued interest, of $3,439,631<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3560 | &nbsp;&nbsp;$3560445 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.15%, collateralized by USD 5,413,000 Saudi Government International Bonds, 5.00%, due 1/18/53 and a market value, including accrued interest, of $4,742,586<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4919 | &nbsp;&nbsp;&nbsp;&nbsp; 4919064 |
| &nbsp;&nbsp;&nbsp;Dated 4/7/26 with an interest rate of 2.75%, collateralized by USD 4,996,000 Saudi Government International Bonds, 3.25%, due 11/17/51 and a market value, including accrued interest, of $3,275,416<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3385 | &nbsp;&nbsp;&nbsp;&nbsp; 3384790 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.00%, collateralized by USD 2,498,000 Saudi Government International Bonds, 3.45%, due 2/2/61 and a market value, including accrued interest, of $1,585,713<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1699 | &nbsp;&nbsp;&nbsp;&nbsp; 1698640 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.00%, collateralized by USD 4,163,000 Saudi Government International Bonds, 5.00%, due 4/17/49 and a market value, including accrued interest, of $3,648,244<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3986 | &nbsp;&nbsp;&nbsp;&nbsp; 3986073 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.25%, collateralized by USD 2,319,000 Bahrain Government International Bonds, 5.625%, due 5/18/34 and a market value, including accrued interest, of $2,190,736<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2348 | &nbsp;&nbsp;&nbsp;&nbsp; 2347988 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.25%, collateralized by USD 3,001,000 Bahrain Government International Bonds, 6.00%, due 9/19/44 and a market value, including accrued interest, of $2,536,896<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2761 | &nbsp;&nbsp;&nbsp;&nbsp; 2760920 |
| Citibank, N.A.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 10/30/25 with an interest rate of 3.15%, collateralized by USD 1,538,000 Bahrain Government International Bonds, 7.50%, due 2/12/36 and a market value, including accrued interest, of $1,604,468<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1807 | &nbsp;&nbsp;&nbsp;&nbsp; 1806750 |
| JPMorgan Chase Bank, N.A.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 4/7/26 with an interest rate of 1.50%, collateralized by USD 796,000 Bahrain Government International Bonds, 7.75%, due 4/18/35 and a market value, including accrued interest, of $833,754<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844 | &nbsp;&nbsp;&nbsp;&nbsp; 844036 |
| &nbsp;&nbsp;&nbsp;Dated 4/16/26 with an interest rate of 2.85%, collateralized by USD 10,408,000 Saudi Government International Bonds, 5.75%, due 1/16/54 and a market value, including accrued interest, of $10,178,093<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10252 | &nbsp;&nbsp;&nbsp;&nbsp; 10252025 |
| &nbsp;&nbsp;&nbsp;Dated 4/16/26 with an interest rate of 3.15%, collateralized by USD 5,204,000 Saudi Government International Bonds, 5.00%, due 4/17/49 and a market value, including accrued interest, of $4,560,524<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4588 | &nbsp;&nbsp;&nbsp;&nbsp; 4588193 |

---

*25*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Merrill Lynch International: |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 10/31/25 with an interest rate of 3.00%, collateralized by USD 1,553,000 Kazakhstan Government International Bonds, 6.50%, due 7/21/45 and a market value, including accrued interest, of $1,719,690<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1768 | &nbsp;&nbsp;$1768479 |
| &nbsp;&nbsp;&nbsp;Dated 3/30/26 with an interest rate of 3.50%, collateralized by USD 2,133,000 Abu Dhabi Government International Bonds, 4.25%, due 3/5/36 and a market value, including accrued interest, of $2,071,495<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2040 | &nbsp;&nbsp;&nbsp;&nbsp; 2039681 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.35%, collateralized by USD 5,334,000 Abu Dhabi Government International Bonds, 5.50%, due 4/30/54 and a market value, including accrued interest, of $5,186,543<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5401 | &nbsp;&nbsp;&nbsp;&nbsp; 5400675 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.35%, collateralized by USD 6,400,000 Abu Dhabi Government International Bonds, 3.00%, due 9/15/51 and a market value, including accrued interest, of $4,127,042<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4192 | &nbsp;&nbsp;&nbsp;&nbsp; 4192000 |
| Nomura International PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 12/11/25 with an interest rate of 0.75%, collateralized by USD 2,135,000 Bahrain Government International Bonds, 7.50%, due 9/20/47 and a market value, including accrued interest, of $2,101,976<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2361 | &nbsp;&nbsp;&nbsp;&nbsp; 2360563 |
| &nbsp;&nbsp;&nbsp;Dated 12/11/25 with an interest rate of 1.65%, collateralized by USD 1,956,000 Republic of Poland Government International Bonds, 1.00%, due 3/7/29 and a market value, including accrued interest, of $2,189,490<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2206 | &nbsp;&nbsp;&nbsp;&nbsp; 2205758 |
| &nbsp;&nbsp;&nbsp;Dated 12/11/25 with an interest rate of 3.20%, collateralized by USD 555,000 Kazakhstan Government International Bonds, 6.50%, due 7/21/45 and a market value, including accrued interest, of $614,570<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661 | &nbsp;&nbsp;&nbsp;&nbsp; 660547 |
| &nbsp;&nbsp;&nbsp;Dated 1/5/26 with an interest rate of 3.15%, collateralized by USD 5,883,000 Republic of Azerbaijan International Bonds, 3.50%, due 9/1/32 and a market value, including accrued interest, of $5,564,832<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5881 | &nbsp;&nbsp;&nbsp;&nbsp; 5880647 |
| &nbsp;&nbsp;&nbsp;Dated 1/13/26 with an interest rate of 3.25%, collateralized by USD 9,200,000 Indonesia Government International Bonds, 4.20%, due 10/15/50 and a market value, including accrued interest, of $7,307,776<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7921 | &nbsp;&nbsp;&nbsp;&nbsp; 7921200 |
| &nbsp;&nbsp;&nbsp;Dated 1/13/26 with an interest rate of 3.25%, collateralized by USD 13,290,000 Indonesia Government International Bonds, 5.65%, due 1/11/53 and a market value, including accrued interest, of $13,261,527<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13968 | &nbsp;&nbsp;&nbsp;&nbsp; 13968454 |
| &nbsp;&nbsp;&nbsp;Dated 1/27/26 with an interest rate of 3.25%, collateralized by USD 5,800,000 Indonesia Government International Bonds, 5.45%, due 9/20/52 and a market value, including accrued interest, of $5,594,792<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6078 | &nbsp;&nbsp;&nbsp;&nbsp; 6077820 |
| &nbsp;&nbsp;&nbsp;Dated 1/27/26 with an interest rate of 3.25%, collateralized by USD 6,500,000 Indonesia Government International Bonds, 4.20%, due 10/15/50 and a market value, including accrued interest, of $5,163,103<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5600 | &nbsp;&nbsp;&nbsp;&nbsp; 5599912 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nomura International PLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 1/27/26 with an interest rate of 3.25%, collateralized by USD 8,900,000 Indonesia Government International Bonds, 4.30%, due 3/31/52 and a market value, including accrued interest, of $7,155,933<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7770 | &nbsp;&nbsp;$7770367 |
| &nbsp;&nbsp;&nbsp;Dated 2/5/26 with an interest rate of 3.25%, collateralized by USD 9,546,000 Indonesia Government International Bonds, 4.65%, due 9/20/32 and a market value, including accrued interest, of $9,537,258<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10236 | &nbsp;&nbsp;&nbsp;&nbsp; 10235794 |
| &nbsp;&nbsp;&nbsp;Dated 2/5/26 with an interest rate of 3.25%, collateralized by USD 10,000,000 Indonesia Government International Bonds, 4.90%, due 4/16/36 and a market value, including accrued interest, of $9,793,818<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10485 | &nbsp;&nbsp;&nbsp;&nbsp; 10485300 |
| &nbsp;&nbsp;&nbsp;Dated 2/19/26 with an interest rate of 3.20%, collateralized by USD 2,053,000 Hungary Government International Bonds, 5.50%, due 3/26/36 and a market value, including accrued interest, of $2,068,408<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2232 | &nbsp;&nbsp;&nbsp;&nbsp; 2232176 |
| &nbsp;&nbsp;&nbsp;Dated 2/19/26 with an interest rate of 3.20%, collateralized by USD 4,044,000 Egypt Government International Bonds, 7.30%, due 9/30/33 and a market value, including accrued interest, of $3,949,798<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4448 | &nbsp;&nbsp;&nbsp;&nbsp; 4447894 |
| &nbsp;&nbsp;&nbsp;Dated 2/19/26 with an interest rate of 3.20%, collateralized by USD 5,100,000 Hungary Government International Bonds, 4.50%, due 6/16/34 and a market value, including accrued interest, of $6,373,597<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6677 | &nbsp;&nbsp;&nbsp;&nbsp; 6677032 |
| &nbsp;&nbsp;&nbsp;Dated 2/23/26 with an interest rate of 3.20%, collateralized by USD 2,140,000 Hungary Government International Bonds, 6.75%, due 9/25/52 and a market value, including accrued interest, of $2,321,862<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2516 | &nbsp;&nbsp;&nbsp;&nbsp; 2515517 |
| &nbsp;&nbsp;&nbsp;Dated 2/23/26 with an interest rate of 3.25%, collateralized by USD 8,600,000 Indonesia Government International Bonds, 3.85%, due 10/15/30 and a market value, including accrued interest, of $8,382,399<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9012 | &nbsp;&nbsp;&nbsp;&nbsp; 9012083 |
| &nbsp;&nbsp;&nbsp;Dated 2/24/26 with an interest rate of 3.20%, collateralized by EUR 1,086,000 Hungary Government International Bonds, 1.50%, due 11/17/50 and a market value, including accrued interest, of $686,814<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;706 | &nbsp;&nbsp;&nbsp;&nbsp; 706250 |
| &nbsp;&nbsp;&nbsp;Dated 2/24/26 with an interest rate of 3.20%, collateralized by USD 4,107,000 Hungary Government International Bonds, 5.50%, due 3/26/36 and a market value, including accrued interest, of $4,137,823<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4468 | &nbsp;&nbsp;&nbsp;&nbsp; 4467596 |
| &nbsp;&nbsp;&nbsp;Dated 2/25/26 with an interest rate of 3.20%, collateralized by USD 4,115,000 Hungary Government International Bonds, 5.50%, due 3/26/36 and a market value, including accrued interest, of $4,145,883<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4487 | &nbsp;&nbsp;&nbsp;&nbsp; 4487099 |
| &nbsp;&nbsp;&nbsp;Dated 2/26/26 with an interest rate of 3.20%, collateralized by USD 3,236,000 Egypt Government International Bonds, 7.625%, due 5/29/32 and a market value, including accrued interest, of $3,336,325<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3582 | &nbsp;&nbsp;&nbsp;&nbsp; 3581621 |

---

*26*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nomura International PLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 3/5/26 with an interest rate of 3.05%, collateralized by USD 5,495,000 Global Sukuk Ventures, 4.25%, due 11/10/35 and a market value, including accrued interest, of $5,483,354<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5806 | &nbsp;&nbsp;$5805811 |
| &nbsp;&nbsp;&nbsp;Dated 3/5/26 with an interest rate of 3.20%, collateralized by USD 3,890,000 Abu Dhabi Government International Bonds, 3.125%, due 9/30/49 and a market value, including accrued interest, of $2,607,949<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2895 | &nbsp;&nbsp;&nbsp;&nbsp; 2894889 |
| &nbsp;&nbsp;&nbsp;Dated 3/5/26 with an interest rate of 3.20%, collateralized by USD 5,190,000 Qatar Government International Bonds, 5.103%, due 4/23/48 and a market value, including accrued interest, of $4,948,708<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5443 | &nbsp;&nbsp;&nbsp;&nbsp; 5442688 |
| &nbsp;&nbsp;&nbsp;Dated 3/13/26 with an interest rate of 3.20%, collateralized by USD 3,183,000 Egypt Government International Bonds, 7.30%, due 9/30/33 and a market value, including accrued interest, of $3,108,855<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3279 | &nbsp;&nbsp;&nbsp;&nbsp; 3278649 |
| &nbsp;&nbsp;&nbsp;Dated 3/26/26 with an interest rate of 3.20%, collateralized by EUR 443,000 Hungary Government International Bonds, 1.50%, due 11/17/50 and a market value, including accrued interest, of $280,164<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271 | &nbsp;&nbsp;&nbsp;&nbsp; 271132 |
| &nbsp;&nbsp;&nbsp;Dated 3/26/26 with an interest rate of 3.20%, collateralized by USD 600,000 Hungary Government International Bonds, 7.625%, due 3/29/41 and a market value, including accrued interest, of $709,306<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739 | &nbsp;&nbsp;&nbsp;&nbsp; 739494 |
| &nbsp;&nbsp;&nbsp;Dated 3/26/26 with an interest rate of 3.20%, collateralized by USD 3,075,000 Hungary Government International Bonds, 5.50%, due 6/16/34 and a market value, including accrued interest, of $3,185,106<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3244 | &nbsp;&nbsp;&nbsp;&nbsp; 3243602 |
| &nbsp;&nbsp;&nbsp;Dated 3/30/26 with an interest rate of 3.20%, collateralized by USD 2,091,000 Egypt Government International Bonds, 7.625%, due 5/29/32 and a market value, including accrued interest, of $2,155,827<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2158 | &nbsp;&nbsp;&nbsp;&nbsp; 2158445 |
| &nbsp;&nbsp;&nbsp;Dated 3/30/26 with an interest rate of 3.20%, collateralized by USD 10,409,000 Saudi Government International Bonds, 4.875%, due 1/12/36 and a market value, including accrued interest, of $10,407,199<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10741 | &nbsp;&nbsp;&nbsp;&nbsp; 10741463 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 2.80%, collateralized by USD 5,333,000 UAE International Government Bonds, 4.857%, due 7/2/34 and a market value, including accrued interest, of $5,529,091<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5717 | &nbsp;&nbsp;&nbsp;&nbsp; 5717243 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.20%, collateralized by USD 2,082,000 Saudi Government International Bonds, 4.875%, due 7/18/33 and a market value, including accrued interest, of $2,103,320<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2188 | &nbsp;&nbsp;&nbsp;&nbsp; 2188286 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.20%, collateralized by USD 4,377,000 Saudi Government International Bonds, 4.50%, due 4/22/60 and a market value, including accrued interest, of $3,393,171<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3628 | &nbsp;&nbsp;&nbsp;&nbsp; 3628424 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nomura International PLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.20%, collateralized by USD 6,566,000 Saudi Government International Bonds, 5.25%, due 1/16/50 and a market value, including accrued interest, of $6,095,746<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6274 | &nbsp;&nbsp;$6273813 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.20%, collateralized by USD 1,011,000 Egypt Government International Bonds, 8.75%, due 9/30/51 and a market value, including accrued interest, of $943,747<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1017 | &nbsp;&nbsp;&nbsp;&nbsp; 1017496 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.20%, collateralized by USD 1,167,000 Abu Dhabi Government International Bonds, 3.875%, due 4/16/50 and a market value, including accrued interest, of $887,268<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949 | &nbsp;&nbsp;&nbsp;&nbsp; 949034 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.20%, collateralized by USD 1,628,000 Qatar Government International Bonds, 4.817%, due 3/14/49 and a market value, including accrued interest, of $1,493,967<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1573 | &nbsp;&nbsp;&nbsp;&nbsp; 1572648 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.20%, collateralized by USD 2,694,000 Egypt Government International Bonds, 8.875%, due 5/29/50 and a market value, including accrued interest, of $2,625,866<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2826 | &nbsp;&nbsp;&nbsp;&nbsp; 2825871 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.20%, collateralized by USD 3,270,000 Egypt Government International Bonds, 7.50%, due 2/16/61 and a market value, including accrued interest, of $2,655,456<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2915 | &nbsp;&nbsp;&nbsp;&nbsp; 2915042 |
| Total Repurchase Agreements<br> (identified cost $265,460,155) |  |  | &nbsp;&nbsp;**$265556509** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Government Securities — 5.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Albania — 0.1% | Albania — 0.1% | Albania — 0.1% | Albania — 0.1% |
| Albanian Treasury Bills: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 6/25/26 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93120 | &nbsp;&nbsp;$1140714 |
| &nbsp;&nbsp;&nbsp;0.00%, 1/28/27 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267980 | &nbsp;&nbsp;&nbsp;&nbsp; 3213771 |
|  |  |  | &nbsp;&nbsp;**$4354485** |
| Kazakhstan — 0.3% | Kazakhstan — 0.3% | Kazakhstan — 0.3% | Kazakhstan — 0.3% |
| Kazakhstan Treasury Bills, 0.00%, 5/15/26 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;5137378 | &nbsp;&nbsp;$11043887 |
|  |  |  | &nbsp;&nbsp;**$11043887** |
| Nigeria — 4.7% | Nigeria — 4.7% | Nigeria — 4.7% | Nigeria — 4.7% |
| Nigeria OMO Bills: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/5/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;7299556 | &nbsp;&nbsp;$5305874 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/12/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;4772374 | &nbsp;&nbsp;&nbsp;&nbsp; 3471809 |

---

*27*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nigeria (continued) | Nigeria (continued) | Nigeria (continued) |
| Nigeria OMO Bills: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/19/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;5451595 | &nbsp;&nbsp;$3949697 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/26/26 NGN | 27589268 | &nbsp;&nbsp;&nbsp;&nbsp; 19907785 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/2/26 NGN | 13428069 | &nbsp;&nbsp;&nbsp;&nbsp; 9622419 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/23/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;9663323 | &nbsp;&nbsp;&nbsp;&nbsp; 6866995 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/30/26 NGN | 45135829 | &nbsp;&nbsp;&nbsp;&nbsp; 31958914 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/7/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;8714055 | &nbsp;&nbsp;&nbsp;&nbsp; 6148310 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/10/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;1007060 | &nbsp;&nbsp;&nbsp;&nbsp; 705275 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/14/26 NGN | 34517137 | &nbsp;&nbsp;&nbsp;&nbsp; 24270056 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/28/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;4029556 | &nbsp;&nbsp;&nbsp;&nbsp; 2814435 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/4/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;3424706 | &nbsp;&nbsp;&nbsp;&nbsp; 2383771 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/11/26 NGN | 24723920 | &nbsp;&nbsp;&nbsp;&nbsp; 17149261 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/18/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;3540965 | &nbsp;&nbsp;&nbsp;&nbsp; 2429266 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/25/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;1619134 | &nbsp;&nbsp;&nbsp;&nbsp; 1115388 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/1/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;3073731 | &nbsp;&nbsp;&nbsp;&nbsp; 2110264 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/8/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;8580897 | &nbsp;&nbsp;&nbsp;&nbsp; 5861097 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/22/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;4011186 | &nbsp;&nbsp;&nbsp;&nbsp; 2702669 |
| &nbsp;&nbsp;&nbsp;0.00%, 1/12/27 NGN | 28555407 | &nbsp;&nbsp;&nbsp;&nbsp; 18513626 |
| &nbsp;&nbsp;&nbsp;0.00%, 1/19/27 NGN | 14641344 | &nbsp;&nbsp;&nbsp;&nbsp; 9467662 |
|  |  | &nbsp;&nbsp;**$176754573** |
| Total Sovereign Government Securities<br> (identified cost $187,024,100) |  | &nbsp;&nbsp;**$192152945** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Treasury Obligations — 19.5%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/14/26<sup>(29)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171700 | &nbsp;&nbsp;$171478183 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/21/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109172 | &nbsp;&nbsp;&nbsp;&nbsp; 108955125 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/28/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105500 | &nbsp;&nbsp;&nbsp;&nbsp; 105217919 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/11/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106139 | &nbsp;&nbsp;&nbsp;&nbsp; 105704434 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/18/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70503 | &nbsp;&nbsp;&nbsp;&nbsp; 70164491 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/25/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 99446410 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47440 | &nbsp;&nbsp;&nbsp;&nbsp; 47112778 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32560 | &nbsp;&nbsp;&nbsp;&nbsp; 32313833 |
| Total U.S. Treasury Obligations<br> (identified cost $740,397,422) |  | &nbsp;&nbsp;**$740393173** |
| Total Short-Term Investments<br> (identified cost $1,996,950,246) |  | &nbsp;&nbsp;**$2002171197** |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**Value** |
| Total Purchased Options and Swaptions — 0.2%<br> (identified cost $10,550,776) | &nbsp;&nbsp;**$5639636** |
| Total Investments — 100.4%<br> (identified cost $3,689,300,869) | &nbsp;&nbsp;**$3807915206** |
| Less Unfunded Loan Commitments — (0.8)% | &nbsp;&nbsp;**$(30755312)** |
| Net Investments — 99.6%<br> (identified cost $3,658,545,557) | &nbsp;&nbsp;**$3777159894** |
| Total Written Options — (0.0)%<sup>†</sup><br> (premiums received $1,646,771) | &nbsp;&nbsp;**$(490909)** |

---

---

| |
|:---|
| Securities Sold Short — (7.7)% |
| Exchange-Traded Funds — (2.3)% |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| United States — (2.3)% | United States — (2.3)% | United States — (2.3)% |
| iShares Broad USD High Yield Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;(802332) | &nbsp;&nbsp;$(29870820) |
| iShares JPMorgan USD Emerging Markets Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;(595063) | &nbsp;&nbsp;&nbsp;&nbsp; (57007036) |
| Total Exchange-Traded Funds<br> (proceeds $84,127,132) |  | &nbsp;&nbsp;**$(86877856)** |

---

Sovereign Government Bonds — (5.4)%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp; **Value** |
| Armenia — (0.1)% | Armenia — (0.1)% | Armenia — (0.1)% | Armenia — (0.1)% |
| Republic of Armenia International Bonds, 3.60%, 2/2/31<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2972) | &nbsp;&nbsp;$(2736809) |
|  |  |  | &nbsp;&nbsp;**$(2736809)** |
| Azerbaijan — (0.1)% | Azerbaijan — (0.1)% | Azerbaijan — (0.1)% | Azerbaijan — (0.1)% |
| Republic of Azerbaijan International Bonds, 3.50%, 9/1/32<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5883) | &nbsp;&nbsp;$(5530514) |
|  |  |  | &nbsp;&nbsp;**$(5530514)** |
| Bahrain — (0.1)% | Bahrain — (0.1)% | Bahrain — (0.1)% | Bahrain — (0.1)% |
| Bahrain Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 5/18/34<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2319) | &nbsp;&nbsp;$(2131674) |
| &nbsp;&nbsp;&nbsp;7.50%, 7/7/37<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2638) | &nbsp;&nbsp;&nbsp;&nbsp; (2689868) |
|  |  |  | &nbsp;&nbsp;**$(4821542)** |

---

*28*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp; **Value** |
| Egypt — (0.5)% | Egypt — (0.5)% | Egypt — (0.5)% | Egypt — (0.5)% |
| Egypt Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.30%, 9/30/33<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7227) | &nbsp;&nbsp;$(7013223) |
| &nbsp;&nbsp;&nbsp;7.50%, 2/16/61<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1561) | &nbsp;&nbsp;&nbsp;&nbsp; (1243245) |
| &nbsp;&nbsp;&nbsp;7.625%, 5/29/32<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5327) | &nbsp;&nbsp;&nbsp;&nbsp; (5320651) |
| &nbsp;&nbsp;&nbsp;8.75%, 9/30/51<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1011) | &nbsp;&nbsp;&nbsp;&nbsp; (936129) |
| &nbsp;&nbsp;&nbsp;8.875%, 5/29/50<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2694) | &nbsp;&nbsp;&nbsp;&nbsp; (2524916) |
|  |  |  | &nbsp;&nbsp;**$(17038164)** |
| Hungary — (0.6)% | Hungary — (0.6)% | Hungary — (0.6)% | Hungary — (0.6)% |
| Hungary Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 11/17/50<sup>(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1529) | &nbsp;&nbsp;$(954810) |
| &nbsp;&nbsp;&nbsp;4.50%, 6/16/34<sup>(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5100) | &nbsp;&nbsp;&nbsp;&nbsp; (6138190) |
| &nbsp;&nbsp;&nbsp;5.50%, 6/16/34<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3075) | &nbsp;&nbsp;&nbsp;&nbsp; (3121684) |
| &nbsp;&nbsp;&nbsp;5.50%, 3/26/36<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10275) | &nbsp;&nbsp;&nbsp;&nbsp; (10297171) |
| &nbsp;&nbsp;&nbsp;7.625%, 3/29/41 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(600) | &nbsp;&nbsp;&nbsp;&nbsp; (705239) |
|  |  |  | &nbsp;&nbsp;**$(21217094)** |
| Indonesia — (1.7)% | Indonesia — (1.7)% | Indonesia — (1.7)% | Indonesia — (1.7)% |
| Indonesia Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.85%, 10/15/30 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8600) | &nbsp;&nbsp;$(8367683) |
| &nbsp;&nbsp;&nbsp;4.20%, 10/15/50 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15700) | &nbsp;&nbsp;&nbsp;&nbsp; (12441573) |
| &nbsp;&nbsp;&nbsp;4.30%, 3/31/52 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8900) | &nbsp;&nbsp;&nbsp;&nbsp; (7122978) |
| &nbsp;&nbsp;&nbsp;4.65%, 9/20/32 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9546) | &nbsp;&nbsp;&nbsp;&nbsp; (9486704) |
| &nbsp;&nbsp;&nbsp;4.90%, 4/16/36 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10000) | &nbsp;&nbsp;&nbsp;&nbsp; (9773402) |
| &nbsp;&nbsp;&nbsp;5.45%, 9/20/52 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5800) | &nbsp;&nbsp;&nbsp;&nbsp; (5558791) |
| &nbsp;&nbsp;&nbsp;5.65%, 1/11/53 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13290) | &nbsp;&nbsp;&nbsp;&nbsp; (13032090) |
|  |  |  | &nbsp;&nbsp;**$(65783221)** |
| Kazakhstan — (0.2)% | Kazakhstan — (0.2)% | Kazakhstan — (0.2)% | Kazakhstan — (0.2)% |
| Kazakhstan Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 10/14/44<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4548) | &nbsp;&nbsp;$(4166377) |
| &nbsp;&nbsp;&nbsp;6.50%, 7/21/45<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3382) | &nbsp;&nbsp;&nbsp;&nbsp; (3683940) |
|  |  |  | &nbsp;&nbsp;**$(7850317)** |
| Poland — (0.2)% | Poland — (0.2)% | Poland — (0.2)% | Poland — (0.2)% |
| Republic of Poland Government International Bonds, 1.00%, 3/7/29<sup>(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7156) | &nbsp;&nbsp;$(7997563) |
|  |  |  | &nbsp;&nbsp;**$(7997563)** |
| Qatar — (0.3)% | Qatar — (0.3)% | Qatar — (0.3)% | Qatar — (0.3)% |
| Global Sukuk Ventures, 4.25%, 11/10/35<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5495) | &nbsp;&nbsp;$(5372424) |
| Qatar Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.817%, 3/14/49<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1628) | &nbsp;&nbsp;&nbsp;&nbsp; (1483728) |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp; **Value** |
| Qatar (continued) | Qatar (continued) | Qatar (continued) | Qatar (continued) |
| Qatar Government International Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;5.103%, 4/23/48<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5190) | &nbsp;&nbsp;$(4942822) |
|  |  |  | &nbsp;&nbsp;**$(11798974)** |
| Saudi Arabia — (0.9)% | Saudi Arabia — (0.9)% | Saudi Arabia — (0.9)% | Saudi Arabia — (0.9)% |
| Saudi Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 2/2/61<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2498) | &nbsp;&nbsp;$(1564407) |
| &nbsp;&nbsp;&nbsp;4.875%, 7/18/33<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2082) | &nbsp;&nbsp;&nbsp;&nbsp; (2074281) |
| &nbsp;&nbsp;&nbsp;4.875%, 1/12/36<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10409) | &nbsp;&nbsp;&nbsp;&nbsp; (10253558) |
| &nbsp;&nbsp;&nbsp;5.00%, 4/17/49<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9367) | &nbsp;&nbsp;&nbsp;&nbsp; (8190554) |
| &nbsp;&nbsp;&nbsp;5.25%, 1/16/50<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4270) | &nbsp;&nbsp;&nbsp;&nbsp; (3898800) |
| &nbsp;&nbsp;&nbsp;5.75%, 1/16/54<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9367) | &nbsp;&nbsp;&nbsp;&nbsp; (9002995) |
|  |  |  | &nbsp;&nbsp;**$(34984595)** |
| United Arab Emirates — (0.7)% | United Arab Emirates — (0.7)% | United Arab Emirates — (0.7)% | United Arab Emirates — (0.7)% |
| Abu Dhabi Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 9/15/51<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9174) | &nbsp;&nbsp;$(5880689) |
| &nbsp;&nbsp;&nbsp;3.125%, 9/30/49<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3890) | &nbsp;&nbsp;&nbsp;&nbsp; (2597481) |
| &nbsp;&nbsp;&nbsp;4.25%, 3/5/36<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2133) | &nbsp;&nbsp;&nbsp;&nbsp; (2057394) |
| &nbsp;&nbsp;&nbsp;5.50%, 4/30/54<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10667) | &nbsp;&nbsp;&nbsp;&nbsp; (10370483) |
| UAE International Government Bonds, 4.857%, 7/2/34<sup>(6)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5333) | &nbsp;&nbsp;&nbsp;&nbsp; (5443469) |
|  |  |  | &nbsp;&nbsp;**$(26349516)** |
| Total Sovereign Government Bonds<br> (proceeds $205,617,135) |  |  | &nbsp;&nbsp;**$(206108309)** |
| Total Securities Sold Short<br> (proceeds $289,744,267) |  |  | &nbsp;&nbsp;**$(292986165)** |

---

---

| | |
|:---|:---|
| Other Assets, Less Liabilities — 8.1% | &nbsp;&nbsp;**$310491929** |
| Net Assets — 100.0% | &nbsp;&nbsp;**$3794174749** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Consolidated Portfolio of Investments is based on net assets. | The percentage shown for each investment category in the Consolidated Portfolio of Investments is based on net assets. |
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Weighted average fixed-rate coupon that changes/updates monthly. Rate shown is the rate at April 30, 2026. |
| <sup>(2)</sup> | Inverse floating-rate security whose coupon varies inversely with changes in the interest rate index. The stated interest rate represents the coupon rate in effect at April 30, 2026. |
| <sup>(3)</sup> | Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026. |

---

*29*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

<sup>(4)</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 April 30, 2026, the aggregate value of these securities is $113,038,820 or 3.0% of the Portfolio's net assets.

<sup>(5)</sup> Non-income producing security.

<sup>(6)</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 April 30, 2026, the aggregate value of these securities is $334,143,267 or 8.8% of the Portfolio's net assets.

<sup>(7)</sup> Securities are traded on separate exchanges for the same entity.

<sup>(8)</sup> Security whose performance is linked to the price of an underlying security issued by the United Republic of Tanzania. The investment is subject to credit risk of the issuing financial institution (Absa Bank Ltd.) in addition to the market risk of the underlying security.

<sup>(9)</sup> Issuer is in default with respect to interest and/or principal payments or has declared bankruptcy and is non-income producing. For a variable rate security, interest rate has been adjusted to reflect non-accrual status.

<sup>(10)</sup> Represents a payment-in-kind security which may pay interest in additional principal at the issuer's discretion.

<sup>(11)</sup> Perpetual security with no stated maturity date but may be subject to calls by the issuer.

<sup>(12)</sup> Security converts to variable rate after the indicated fixed-rate coupon period.

<sup>(13)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(14)</sup> Quantity held represents principal in USD.

<sup>(15)</sup> Security is subject to risk of loss depending on the occurrence, frequency and severity of the loss events that are covered by underlying reinsurance contracts and that may occur during a specified risk period.

<sup>(16)</sup> Restricted security (see Note 5).

<sup>(17)</sup> Limited recourse note whose payments by the issuer are limited to amounts received by the issuer from the borrower pursuant to a loan agreement with the borrower.

<sup>(18)</sup> Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

<sup>(19)</sup> Unfunded or partially unfunded loan commitments. The stated interest rate reflects the reference rate and spread for the funded portion, if any. At April 30, 2026, the total value of unfunded loan commitments is $30,755,307. See Note 1F for description.

<sup>(20)</sup> Step coupon security. Interest rate represents the rate in effect at April 30, 2026.

<sup>(21)</sup> When-issued security.

<sup>(22)</sup> Inflation-linked security whose principal is adjusted for inflation based on changes in a designated inflation index or inflation rate for the applicable country. Interest is calculated based on the inflation-adjusted principal.

<sup>(23)</sup> Security (or a portion thereof) has been pledged for the benefit of the counterparty for reverse repurchase agreements.

<sup>(24)</sup> Adjustable rate mortgage security whose interest rate generally adjusts monthly based on a weighted average of interest rates on the underlying mortgages. The coupon rate may not reflect the applicable index value as interest rates on the underlying mortgages may adjust on various dates and at various intervals and may be subject to lifetime ceilings and lifetime floors and lookback periods. Rate shown is the coupon rate at April 30, 2026.

<sup>(25)</sup> Interest only security that entitles the holder to receive only a portion of the interest payments on the underlying loans. Principal amount shown is the notional amount of the underlying loans on which coupon interest is calculated.

<sup>(26)</sup> The stated interest rate represents the weighted average fixed interest rate at April 30, 2026 of all interest only securities comprising the trust.

<sup>(27)</sup> May be deemed to be an affiliated investment company (see Note 9). The rate shown is the annualized seven-day yield as of April 30, 2026.

<sup>(28)</sup> Open repurchase agreement with no specific maturity date. Either party may terminate the agreement upon demand.

<sup>(29)</sup> Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts.

*30*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Call USD vs. Put EUR | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 96223000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 1.13 | &nbsp;&nbsp;7/23/26 | &nbsp;&nbsp;$171092 |
| Call USD vs. Put EUR | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 70472000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 1.10 | &nbsp;&nbsp;1/25/27 | &nbsp;&nbsp;&nbsp;&nbsp; 295769 |
| Call USD vs. Put EUR | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 63000000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 1.12 | &nbsp;&nbsp;5/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 14936 |
| Call USD vs. Put EUR | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;EUR | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 1.12 | &nbsp;&nbsp;5/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 23473 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 53907 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 17000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.75 | &nbsp;&nbsp; 7/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 34680 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.72 | &nbsp;&nbsp;7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6388 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 19000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 48773 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21200000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.72 | &nbsp;&nbsp;7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 33856 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 13000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 33371 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 18000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 46206 |
| Put USD vs. Call CNH | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 29000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.72 | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 44109 |
| Put USD vs. Call CNH | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 26000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 66742 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15600000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp; 14524 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8400000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp; 7820 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/30/29 | &nbsp;&nbsp;&nbsp;&nbsp; 7512 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 13600000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 107141 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 100670 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1425.00 | &nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp; 120740 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp;9/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 71325 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 103770 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 98476 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 300000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2140 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 92304 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 99470 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6700000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 47604 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 70902 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 107020 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6300000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 50305 |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$1975025** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** |
| **Description** | &nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| Dutch TTF Natural Gas Futures 09/26 | &nbsp;&nbsp;217 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 7185478 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 85.00 | &nbsp;&nbsp;8/26/26 | &nbsp;&nbsp;$(1212387) |
| ICE Brent Crude Oil Futures 07/26 | &nbsp;&nbsp;339 | &nbsp;&nbsp;USD | &nbsp;&nbsp;38649390 | &nbsp;&nbsp;USD | &nbsp;&nbsp;150.00 | &nbsp;&nbsp;5/26/26 | &nbsp;&nbsp;(1152540) |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$(2364927)** |

---

*31*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** | **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** | **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** | **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** | **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** | **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Option to enter into interest rate swap expiring 1/29/37 to pay 4.50% and receive SOFR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;60632000 | &nbsp;&nbsp;1/27/27 | &nbsp;&nbsp;$553510 |
| **Total** |  |  |  |  | &nbsp;&nbsp;**$553510** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Purchased Call Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Call Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Call Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Call Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Call Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Call Options (Exchange-Traded) — 0.0%<sup>†</sup>** |
| **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** |
| LME Primary Aluminum Futures 12/26 | &nbsp;&nbsp;451 | $&nbsp;&nbsp; 38904388 | $&nbsp;&nbsp; 3700.00 | &nbsp;&nbsp;12/2/26 | &nbsp;&nbsp;$1494727 |
| **Total** |  |  |  |  | &nbsp;&nbsp;**$1494727** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** |
| **Description** | &nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| CME E-mini S&P 500 Index Futures 06/26 | &nbsp;&nbsp;250 | &nbsp;&nbsp;USD | &nbsp;&nbsp;90546875 | &nbsp;&nbsp;USD | &nbsp;&nbsp;6100 | &nbsp;&nbsp; 6/18/26 | &nbsp;&nbsp;$166250 |
| Euro STOXX 50 Index | &nbsp;&nbsp;591 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;34759724 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;5350 | &nbsp;&nbsp; 5/15/26 | &nbsp;&nbsp; 58284 |
| NYMEX Light Sweet Crude Oil Futures 06/26 | &nbsp;&nbsp; 88 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9246160 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 42 | &nbsp;&nbsp; 5/14/26 | &nbsp;&nbsp; 880 |
| NYMEX Light Sweet Crude Oil Futures 06/26 | &nbsp;&nbsp; 77 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8090390 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 50 | &nbsp;&nbsp; 5/14/26 | &nbsp;&nbsp; 770 |
| NYMEX Light Sweet Crude Oil Futures 06/26 | &nbsp;&nbsp;196 | &nbsp;&nbsp;USD | &nbsp;&nbsp;20593720 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 60 | &nbsp;&nbsp; 5/14/26 | &nbsp;&nbsp; 5880 |
| NYMEX Light Sweet Crude Oil Futures 09/26 | &nbsp;&nbsp;274 | &nbsp;&nbsp;USD | &nbsp;&nbsp;28789180 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 60 | &nbsp;&nbsp; 8/17/26 | &nbsp;&nbsp; 230160 |
| NYMEX Light Sweet Crude Oil Futures 12/26 | &nbsp;&nbsp;234 | &nbsp;&nbsp;USD | &nbsp;&nbsp;24586380 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 50 | &nbsp;&nbsp;11/17/26 | &nbsp;&nbsp; 184860 |
| NYMEX Light Sweet Crude Oil Futures 12/26 | &nbsp;&nbsp;224 | &nbsp;&nbsp;USD | &nbsp;&nbsp;23535680 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 55 | &nbsp;&nbsp;11/17/26 | &nbsp;&nbsp; 280000 |
| NYMEX Light Sweet Crude Oil Futures 12/26 | &nbsp;&nbsp; 58 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6094060 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 58 | &nbsp;&nbsp;11/17/26 | &nbsp;&nbsp; 94540 |
| NYMEX Light Sweet Crude Oil Futures 12/26 | &nbsp;&nbsp;305 | &nbsp;&nbsp;USD | &nbsp;&nbsp;32046350 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 60 | &nbsp;&nbsp;11/17/26 | &nbsp;&nbsp; 594750 |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$1616374** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Call USD vs. Put BRL (Digital Option) | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1897000 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 7.00 | &nbsp;&nbsp;7/12/27 | &nbsp;&nbsp;$(177738) |
| Call USD vs. Put BRL (Digital Option) | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1518000 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 7.00 | &nbsp;&nbsp;7/14/27 | &nbsp;&nbsp;&nbsp;&nbsp;(143220) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1590.00 | &nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; (43340) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1610.00 | &nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp; (37500) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1630.00 | &nbsp;&nbsp;9/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; (26240) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1600.00 | &nbsp;&nbsp;9/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; (35001) |

---

*32*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Written Currency Options (OTC) (continued)** | **Written Currency Options (OTC) (continued)** | **Written Currency Options (OTC) (continued)** | **Written Currency Options (OTC) (continued)** | **Written Currency Options (OTC) (continued)** | **Written Currency Options (OTC) (continued)** | **Written Currency Options (OTC) (continued)** | **Written Currency Options (OTC) (continued)** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Call USD vs. Put KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1630.00 | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;$(27870) |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$(490909)** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 12328767 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2470135 | &nbsp;&nbsp;&nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$19619 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2463807 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 12328767 | &nbsp;&nbsp;&nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (25948) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 35671233 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7150693 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52997 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 28300000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5665099 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49995 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 12822970 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 63971233 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (95814) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 11302903 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 193017 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9155) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 112697097 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1939709 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (106481) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1339525 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 75000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119510 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 535762 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 30000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47756 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 339571 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 19000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30500 |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 50564500 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 878039 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (55502) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 68406815 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1171570 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (58792) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 106754500 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1825487 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (88904) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 119239000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2036011 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (96342) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 129200000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2208358 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (106652) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 103868066 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1798426 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (108796) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 103885200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1803876 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (113967) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 104549700 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1819917 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (119200) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 139748462 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2436340 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (163041) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 143090000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2492206 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (164550) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 175721200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3062946 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (204476) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 168920000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2954180 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (206346) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 262740000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4492050 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (218039) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 368000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6306770 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (320486) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 339018400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5896998 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (382160) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4632929 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 260000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 403490 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3551515 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 200000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 298100 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3546414 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 200000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 292999 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3544717 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 200000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 291302 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3379580 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 190000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 288836 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3028683 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 170000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 263281 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3027605 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 170000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 262202 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3003019 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 169100000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 252257 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2350033 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 131200000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 215793 |

---

*33*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1996791 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 112000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$174879 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1790671 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 100000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 163963 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1781578 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 100000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154871 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1773710 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 100000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147003 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1773458 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 100000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 146751 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1496577 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 84000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130142 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1203556 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 67700000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102275 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1073146 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 59800000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100375 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;8266000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 9232969 | &nbsp;&nbsp;&nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (46470) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 94000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 18667943 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 178065 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 63971233 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 12733508 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92049 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 19555556 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3887066 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33617 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 2444444 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 485026 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5059 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 12328767 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2444559 | &nbsp;&nbsp;&nbsp;&nbsp;6/3/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26600 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;2382400000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2578048 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69751 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp; 49896000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 56284 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (829) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;1082904000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1221343 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17804) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;2453000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2755839 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (29575) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;2013200000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2270876 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (33406) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;4278000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4825501 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (70933) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 7420000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8587555 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138183 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 11290352 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 13196897 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80279 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 6776226 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7920494 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48182 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 2092590 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2421864 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38970 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 2032000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2351740 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37842 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1644740 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1903544 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30630 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 3881566 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4537027 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27600 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1140819 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1320329 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21245 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1685747 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1970411 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11986 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 453274 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 524598 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8441 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 491326 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 574294 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3494 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 138243 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 159996 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2574 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 21906 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 25353 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 408 |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 71479316 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 760876 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11666) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 125000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1331203 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21018) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 187000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1991056 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31019) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 559000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 17612679 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52778 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 186000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5834474 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43477 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 140880000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4419751 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32323 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 112100000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3513336 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29236 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 187000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5896776 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12778 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2847338 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2630200000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (75866) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3799313 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3515200000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (107480) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 15591405 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14380000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (390525) |

---

*34*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 29049 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp; 111441749 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1283) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1448630 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5432000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (29831) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3308492 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12351263940 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (53228) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3445862 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12897000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (64395) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6399247 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23786000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (74737) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4776065 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18034423137 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (132476) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7836168 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29496904950 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (192188) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5032348 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19306100000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (222314) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5123654 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19689691075 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (235412) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4492958 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17418300000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (247889) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 10874718 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41014000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (288318) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 71154 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 61480 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1145) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 127167 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 109878 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2046) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 178109 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 153893 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2866) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 755702 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 646526 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4597) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 606966 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 524443 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9767) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 638997 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 552119 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10282) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2445956 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 2092590 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14879) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6510578 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 5570000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (39605) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2560445 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 2212330 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (41200) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 9107146 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 7791444 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (55401) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4678721 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 4042607 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (75286) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4690131 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 4052466 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (75469) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5286350 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 4567623 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (85063) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 9270393 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 8010000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (149171) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 10755823 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 9293473 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (173073) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 28769975 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 24613600 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (175013) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 12738589 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 11006664 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (204977) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 13350498 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 11535379 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (214824) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 14028728 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 12121397 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (225737) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 15983420 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 13810331 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (257190) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 16075625 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 13890000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (258674) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 18773253 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 16220861 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (302082) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 21219007 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 18334093 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (341436) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 30382076 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 26251361 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (488880) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 40601736 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 35081567 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (653325) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 63300017 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 54693814 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1018565) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 68400629 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 59100953 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1100639) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 26005131 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2420248113 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 637344 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5522838 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 514000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 135356 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4266945 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 397116503 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104576 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5499893 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 516000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91449 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5168041 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 489000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42596 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5488658 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 519900000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39336 |

---

*35*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2301786 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 217000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27305 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1374962 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 129000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22850 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1474024 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 139000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17098 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1039994 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 98000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12809 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1039633 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 98000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12448 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1363481 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 129000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11369 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1405107 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 133100000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10021 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1361650 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 129000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9539 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1361291 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 129000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9180 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1360161 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 129000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8050 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1359741 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 129000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7630 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1359516 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 129000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7405 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1359489 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 129000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7378 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1022645 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 97000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5941 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 16470 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 1532875 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 404 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 18082789 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1070700000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 673854 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 16382091 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 970000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 610478 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6831522 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 404501232 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 254576 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4129054 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 248920000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81765 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3509366 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 211158524 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76056 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3200950 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 194000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46628 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2718270 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 164700000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40348 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2078264 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 125470000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38198 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1863207 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 112370000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36139 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1944651 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 117700000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30920 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1577857 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 95200000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29963 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2175346 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 132000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29106 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1544890 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 93350000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27076 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2210700 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 134300000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27063 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1926329 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 116841476 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26557 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1024943 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 61810000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19950 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1028191 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 62010000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19946 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 996289 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 60140000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18449 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1029952 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 62240000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17967 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1032546 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 62410000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17798 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1017960 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 61610000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16219 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1037227 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 62830000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15649 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 993294 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 60140000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15454 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 924459 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 56000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13932 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4822025 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18180000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (125129) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 98910000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3086115 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38016 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 82400000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2569380 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33274 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 82430000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2571325 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32276 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 66380000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2072109 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24543 |

---

*36*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 65940000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2058367 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$24387 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 65820000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2056168 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22796 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 32920000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1026538 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13259 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 65170000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2047620 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10814 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 51430000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1617631 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6816 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 54768200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1730980 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1093) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 43527400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1376273 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1435) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 54378800 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1719923 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2336) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 53833700 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1704191 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3822) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 62146300 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1967278 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4350) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 67880100 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2148444 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4411) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 80786500 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2556211 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4521) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 44132900 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1399135 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5171) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 69346100 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2195539 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5201) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 48200000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1527734 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5308) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 46752268 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;795536600000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1089851 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 43426951 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;738953000000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1012333 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6640695 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;114718010000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56081 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 15134791 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 82336290 | &nbsp;&nbsp;&nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (908322) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 27637700 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 150432000 | &nbsp;&nbsp;&nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1673769) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 27537473 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 150431710 | &nbsp;&nbsp;&nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1773939) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 41888000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1312281 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9611 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 49170000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1543072 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8623 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 31058000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 973330 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6791 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 31077000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 975117 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5604 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 46000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1457165 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5508) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 47940000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1520568 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7688) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 65850000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2087163 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9084) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 81010000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2568501 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12006) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 76607112 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2427509 | &nbsp;&nbsp;&nbsp;&nbsp;10/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10192) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 140799888 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4458656 | &nbsp;&nbsp;&nbsp;&nbsp;10/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15751) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(4749828)** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| KZT | &nbsp;&nbsp; 22507852 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 48965 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(382) |
| KZT | &nbsp;&nbsp; 584589035 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1262366 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (531) |
| KZT | &nbsp;&nbsp; 562081183 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1006412 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 206839 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp; 762793000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 211593 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9062) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;5776615000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1551819 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (18059) |

---

*37*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;3483126000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 940750 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(15938) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;6834173000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1834692 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20138) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;8124539000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2263103 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (105941) |
| USD | &nbsp;&nbsp; 2137225 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 113379806 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 22719 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 48604 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 22507852 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1141107 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 584589035 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (120728) |
| USD | &nbsp;&nbsp; 1576157 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;5776615000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 42397 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 204915 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 762793000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2385 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 935700 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3483126000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 10889 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1394689 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;5027853000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 59734 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 929793 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3347253000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 41057 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 524434 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1956138660 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5056 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3916368 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 157782617 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1652 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3873392 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 157782617 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (41324) |
| UYU | &nbsp;&nbsp; 157782617 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3916368 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1652) |
| UYU | &nbsp;&nbsp; 157782617 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3959413 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44698) |
| USD | &nbsp;&nbsp; 2111465 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 113390962 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2099) |
| USD | &nbsp;&nbsp; 573841 | &nbsp;&nbsp;ZMW | &nbsp;&nbsp; 10902980 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9987) |
| EUR | &nbsp;&nbsp; 1011181 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1192503 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5564) |
| EUR | &nbsp;&nbsp; 226959 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 266392 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 502588 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 590676 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (732) |
| EUR | &nbsp;&nbsp; 23769611 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 27843518 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 57590 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 832971 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 975735 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2018 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 552119 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 646748 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1338 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 117826 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 138020 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 285 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 14150153 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16653905 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44254) |
| EUR | &nbsp;&nbsp; 10878184 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12720931 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 48036 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 569001 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 672783 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4882) |
| EUR | &nbsp;&nbsp; 66566508 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 78234405 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (97691) |
| EUR | &nbsp;&nbsp; 2271578 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2657059 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9351 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 217648 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 254459 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1019 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 252261 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 295405 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 703 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 108520 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 126834 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 548 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 1766677 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2081507 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7757) |
| EUR | &nbsp;&nbsp; 5158811 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6078136 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (22651) |
| EUR | &nbsp;&nbsp; 3640599 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4265302 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8086 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 179122 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 211195 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (939) |
| EUR | &nbsp;&nbsp; 4363401 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5109910 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 11912 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 4867692 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5705526 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8240 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 181064 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 213345 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (810) |
| USD | &nbsp;&nbsp; 224286 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 190234 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 986 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 475367 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 406026 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1233) |
| USD | &nbsp;&nbsp; 797629 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 681005 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1744) |
| USD | &nbsp;&nbsp; 521076 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 449485 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6535) |

---

*38*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 2869729 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2451234 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(7565) |
| USD | &nbsp;&nbsp; 639787 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 546177 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1323) |
| USD | &nbsp;&nbsp; 3725025 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 3180000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7705) |
| USD | &nbsp;&nbsp; 13054535 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 11144469 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (27001) |
| USD | &nbsp;&nbsp; 18469974 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 15767551 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (38202) |
| USD | &nbsp;&nbsp; 20362417 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 17383103 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (42116) |
| USD | &nbsp;&nbsp; 3127218 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2655915 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9667 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 665121 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 563738 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3397 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2337479 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10150) |
| USD | &nbsp;&nbsp; 196792 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 166533 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1313 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 9927075 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 8457055 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 64 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2701062 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2310864 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11462) |
| USD | &nbsp;&nbsp; 5590007 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 4752100 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 11925 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1800710 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1529545 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5308 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3455098 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2952440 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10518) |
| USD | &nbsp;&nbsp; 7414734 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 6336918 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23630) |
| USD | &nbsp;&nbsp; 11598592 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 10010000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (151288) |
| USD | &nbsp;&nbsp; 17148356 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 14659253 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (58884) |
| USD | &nbsp;&nbsp; 853889 | &nbsp;&nbsp;VND | &nbsp;&nbsp;22517044700 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (290) |
| VND | &nbsp;&nbsp;22517044700 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 857858 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3679) |
| EUR | &nbsp;&nbsp; 1356959 | &nbsp;&nbsp;RON | &nbsp;&nbsp; 7457167 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (90826) |
| RON | &nbsp;&nbsp; 7457167 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1394906 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 46275 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 380536968 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8342249 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 21099 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 29077050 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 638430 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 618 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1553356625 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3227620 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 114547 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;4109817383 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1103695 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (13929) |
| USD | &nbsp;&nbsp; 2422455 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;1162173000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (78050) |
| USD | &nbsp;&nbsp; 2422455 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;1162173000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (78050) |
| USD | &nbsp;&nbsp; 4844911 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;2319501000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (145675) |
| USD | &nbsp;&nbsp; 464896 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1729414000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6322 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 273821508 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5857442 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 126602 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 5834446 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 273821508 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (149597) |
| TRY | &nbsp;&nbsp;&nbsp;&nbsp;1226724901 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 26143848 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 614467 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 26110876 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;1226724901 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (647438) |
| VND | &nbsp;&nbsp;15830396800 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 603684 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;5/26/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4017) |
| USD | &nbsp;&nbsp; 3868231 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 155000000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 28454 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;3500541699 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6797168 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 656839 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1770519975 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3408123 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 361999 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1768792234 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3408078 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 358365 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1507626888 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2918929 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 291392 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;3303760727 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6181030 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 853954 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 48313 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 22507852 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 385 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2121689 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;1096170809 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (212482) |
| USD | &nbsp;&nbsp; 7147609 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;3470700000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (242855) |

---

*39*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 8020272 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;4158511152 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(834807) |
| USD | &nbsp;&nbsp; 2990597 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 118000000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 69385 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 875880 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 34825000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 13751 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2001267 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 79000000 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 45540 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;2962153000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5836755 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 463319 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;2951939000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5836755 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 441595 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;2946394000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5836755 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 429802 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2422455 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;1180099000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (87446) |
| USD | &nbsp;&nbsp; 4844912 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;2354627000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (163042) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1518401691 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3000201 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 227943 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1518101671 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3000201 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 227305 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1516301550 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3000201 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 223478 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1518101671 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3000201 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 223475 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 607120660 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1200080 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 89135 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MYR | &nbsp;&nbsp; 89293000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 22804423 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (282746) |
| MYR | &nbsp;&nbsp; 49000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12506381 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (147493) |
| CZK | &nbsp;&nbsp; 778500000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 31818368 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 71936 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 15785587 | &nbsp;&nbsp;CZK | &nbsp;&nbsp; 386612703 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (54313) |
| EUR | &nbsp;&nbsp; 15998665 | &nbsp;&nbsp;CZK | &nbsp;&nbsp; 391887297 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (57742) |
| EUR | &nbsp;&nbsp; 189019 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 69370270 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (717) |
| EUR | &nbsp;&nbsp; 403238 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 148544591 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3315) |
| EUR | &nbsp;&nbsp; 675824 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 255961726 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (28065) |
| EUR | &nbsp;&nbsp; 2663851 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;1053256747 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (253186) |
| EUR | &nbsp;&nbsp; 163108 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 63122750 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11104) |
| EUR | &nbsp;&nbsp; 1719877 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 651958196 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (73258) |
| EUR | &nbsp;&nbsp; 1840066 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 711305331 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (122697) |
| EUR | &nbsp;&nbsp; 2432181 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 938700205 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (157370) |
| EUR | &nbsp;&nbsp; 560048 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 205026744 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (478) |
| EUR | &nbsp;&nbsp; 2293709 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 872319806 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (106822) |
| EUR | &nbsp;&nbsp; 8396574 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;3180261085 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (349134) |
| EUR | &nbsp;&nbsp; 28140208 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;11227380001 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2999456) |
| EUR | &nbsp;&nbsp; 767678 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 300356210 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (62758) |
| EUR | &nbsp;&nbsp; 14558344 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;5356255487 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (98017) |
| EUR | &nbsp;&nbsp; 6336918 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;2398555044 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (258359) |
| EUR | &nbsp;&nbsp; 7004190 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;2773589148 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (679252) |
| EUR | &nbsp;&nbsp; 41534839 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;16447381013 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4027966) |
| EUR | &nbsp;&nbsp; 165417 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 60596487 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (268) |
| EUR | &nbsp;&nbsp; 304770 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 119383196 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (25368) |
| EUR | &nbsp;&nbsp; 446023 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 171468526 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (26692) |
| EUR | &nbsp;&nbsp; 2590502 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 995449198 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (153614) |
| EUR | &nbsp;&nbsp; 2925200 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;1148835516 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (253095) |
| EUR | &nbsp;&nbsp; 31794800 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 136600000 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (291949) |
| EUR | &nbsp;&nbsp; 61400941 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 261829329 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (21047) |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;3931919518 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 10816707 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (80594) |

---

*40*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| HUF | &nbsp;&nbsp;16671817735 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 43196833 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$2794977 | &nbsp;&nbsp;$— |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;2371574208 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 6155317 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 385184 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;7925956110 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 21605294 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 71562 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;4708750258 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 12822870 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 57415 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;31793248956 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 80288010 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7786168 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;16379355109 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 44622492 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 178283 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 81051186 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 25943851 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1558314 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 30482865 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9905010 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 438390 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 27416571 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8914509 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 388440 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 7330103 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2377202 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 110037 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 61343659 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 19488847 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1326191 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 30766155 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9843532 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 595993 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 2493933 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 808957 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 37281 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 45798734 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14857514 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 682842 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 15242324 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4952505 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 219497 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 30556955 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9881627 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 486912 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 14857515 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4836966 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 204463 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;3004701231 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6000402 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 375013 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 136600000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 31907687 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 159197 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| SEK | &nbsp;&nbsp; 30180000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2827332 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (48695) |
| SEK | &nbsp;&nbsp; 305700000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 28703342 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (569286) |
| SEK | &nbsp;&nbsp; 305950000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 33159895 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 52383 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| SEK | &nbsp;&nbsp; 26800000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2910329 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1066) |
| USD | &nbsp;&nbsp; 10039827 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 36870512 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1157 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 17899212 | &nbsp;&nbsp;BHD | &nbsp;&nbsp; 6766439 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (16209) |
| USD | &nbsp;&nbsp; 1095217 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 815069 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (13802) |
| USD | &nbsp;&nbsp; 2676975 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 1980000 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17102) |
| USD | &nbsp;&nbsp; 35447094 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 26380000 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (446720) |
| USD | &nbsp;&nbsp; 4717597 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 14901412 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (338727) |
| USD | &nbsp;&nbsp; 5878290 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 18477752 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (391553) |
| USD | &nbsp;&nbsp; 14152471 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 44604895 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (982794) |
| USD | &nbsp;&nbsp; 1262942 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 3987455 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (90075) |
| USD | &nbsp;&nbsp; 4651472 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 14702727 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (337435) |
| USD | &nbsp;&nbsp; 9934275 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 31331710 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (697153) |
| USD | &nbsp;&nbsp; 9934275 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 31360360 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (706875) |
| USD | &nbsp;&nbsp; 9934275 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 31362804 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (707704) |
| USD | &nbsp;&nbsp; 9934275 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 31411701 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (724295) |
| USD | &nbsp;&nbsp; 9934275 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 31414164 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (725131) |
| USD | &nbsp;&nbsp; 29802825 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 93785020 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2020164) |
| USD | &nbsp;&nbsp; 5471125 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 513000000 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 94124 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1651881 | &nbsp;&nbsp;JPY | &nbsp;&nbsp; 259498513 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11400) |
| USD | &nbsp;&nbsp; 62235637 | &nbsp;&nbsp;NZD | &nbsp;&nbsp; 104922776 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 162095 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 29050248 | &nbsp;&nbsp;NZD | &nbsp;&nbsp; 48975680 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 75663 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 5761755 | &nbsp;&nbsp;NZD | &nbsp;&nbsp; 9713716 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 15007 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*41*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 6785965 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 25500000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(9904) |
| USD | &nbsp;&nbsp; 35959309 | &nbsp;&nbsp;SEK | &nbsp;&nbsp; 332247941 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (107731) |
| USD | &nbsp;&nbsp; 54173 | &nbsp;&nbsp;SEK | &nbsp;&nbsp; 502059 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (327) |
| USD | &nbsp;&nbsp; 3939247 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 157782617 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 35841 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3857494 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 157000000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (26551) |
| USD | &nbsp;&nbsp; 1455848 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 56500000 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 58086 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 10907044 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 187746073 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (327448) |
| USD | &nbsp;&nbsp; 121938355 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;2054527156 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1002000) |
| USD | &nbsp;&nbsp; 76417598 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;1320091085 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2575014) |
| USD | &nbsp;&nbsp; 71407079 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;1186600000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 402408 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 15912237 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 264420000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 89672 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 47886763 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 795724234 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 271612 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2292626 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 37727920 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 35034 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 4098936 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 70700909 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (131719) |
| USD | &nbsp;&nbsp; 4966287 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 85288579 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (137276) |
| VND | &nbsp;&nbsp;22710156370 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 851732 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6987 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 620780826 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 36265858 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 880896 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 129590997 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7665476 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 89089 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 130862180 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7746395 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 84235 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 285608167 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 17373694 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (283255) |
| ZAR | &nbsp;&nbsp; 198705662 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11542739 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 347562 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 693001823 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 41130390 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 337979 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 25580152 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1555877 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (25192) |
| ZAR | &nbsp;&nbsp; 37084028 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2261246 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (42184) |
| ZAR | &nbsp;&nbsp; 57751379 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3512646 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (56875) |
| ZAR | &nbsp;&nbsp; 83723263 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5105133 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (95237) |
| ZAR | &nbsp;&nbsp; 498926717 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 30145915 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (290760) |
| ZAR | &nbsp;&nbsp; 36911628 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2188242 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 20504 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 28802710 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1707074 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 16444 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 508262697 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 30586175 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (172365) |
| ZAR | &nbsp;&nbsp; 345927292 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21116046 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (416186) |
| ZAR | &nbsp;&nbsp; 25761717 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1558483 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (16933) |
| ZAR | &nbsp;&nbsp; 25746132 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1558483 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17866) |
| ZAR | &nbsp;&nbsp; 25719638 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1558483 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (19451) |
| ZAR | &nbsp;&nbsp; 25718859 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1558483 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (19498) |
| ZAR | &nbsp;&nbsp; 25711845 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1558483 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (19918) |
| ZAR | &nbsp;&nbsp; 25711845 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1558483 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (19918) |
| ZAR | &nbsp;&nbsp; 27971585 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1694734 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20949) |
| ZAR | &nbsp;&nbsp; 58161291 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3518529 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (38230) |
| ZAR | &nbsp;&nbsp; 58126106 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3518529 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (40335) |
| ZAR | &nbsp;&nbsp; 55824498 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3382278 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (41809) |
| ZAR | &nbsp;&nbsp; 58066291 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3518529 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (43915) |
| ZAR | &nbsp;&nbsp; 58064531 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3518529 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44020) |
| ZAR | &nbsp;&nbsp; 58048698 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3518529 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44967) |

---

*42*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| ZAR | &nbsp;&nbsp; 58048698 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3518529 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(44967) |
| ZAR | &nbsp;&nbsp; 25586699 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1558483 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (27406) |
| ZAR | &nbsp;&nbsp; 57766160 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3518529 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (61874) |
| ZAR | &nbsp;&nbsp; 900072708 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 54861742 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1002508) |
| ZAR | &nbsp;&nbsp; 637145000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 37069176 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1056790 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 37702096 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2294438 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (38392) |
| ZAR | &nbsp;&nbsp; 85118651 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5180070 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (86675) |
| EUR | &nbsp;&nbsp; 94668 | &nbsp;&nbsp;ISK | &nbsp;&nbsp; 13924754 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1782) |
| ISK | &nbsp;&nbsp;&nbsp;&nbsp;4253401969 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 28917003 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 544355 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1643450000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3020215 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 460002 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2121689 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;1101687202 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (211275) |
| USD | &nbsp;&nbsp; 879944 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 462053412 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (98514) |
| EGP | &nbsp;&nbsp; 350043323 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6980275 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (617056) |
| USD | &nbsp;&nbsp; 6993873 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 350043323 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 630654 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3503528 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 145004000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (81844) |
| USD | &nbsp;&nbsp; 2627661 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 107629000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/25/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (33374) |
| EGP | &nbsp;&nbsp; 40346016 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 795466 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (63657) |
| USD | &nbsp;&nbsp; 796565 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 40346016 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 64756 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 187822 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 7659383 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1492) |
| KZT | &nbsp;&nbsp; 689886739 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1297267 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 159062 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2012834 | &nbsp;&nbsp;NGN | &nbsp;&nbsp;&nbsp;&nbsp;2846147000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12835) |
| ZMW | &nbsp;&nbsp; 6207546 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 271430 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 59601 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 30050657 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 175000000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4792719) |
| USD | &nbsp;&nbsp; 1006417 | &nbsp;&nbsp;NGN | &nbsp;&nbsp;&nbsp;&nbsp;1436157000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15073) |
| USD | &nbsp;&nbsp; 2012834 | &nbsp;&nbsp;NGN | &nbsp;&nbsp;&nbsp;&nbsp;2894455000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (45894) |
| USD | &nbsp;&nbsp; 3460039 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 142000000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (47346) |
| VND | &nbsp;&nbsp;11211744750 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 421098 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;7/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2026 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;54273835275 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2028928 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;7/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 18830 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;21423880000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 800593 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7732 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 2126114 | &nbsp;&nbsp;ISK | &nbsp;&nbsp; 308626699 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3261 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp;&nbsp;&nbsp;1109775452 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 7623131 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 14244 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp; 917227000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 6318731 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9691) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1774859000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3308835 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 409039 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2216008 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;1178916443 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (253519) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1417856000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2647333 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 321660 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2216008 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;1178694842 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (252181) |
| VND | &nbsp;&nbsp;32098942105 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1206047 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4162 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1643450000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3076757 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;7/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 363413 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;3362315000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 905072 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (27723) |
| USD | &nbsp;&nbsp; 929792 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3416987000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 38178 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 7157157 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 286000000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;7/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 101352 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 13134394 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15329908 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 141773 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 13134394 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15332592 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 139088 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 9240000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10949400 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (65127) |

---

*43*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| EUR | &nbsp;&nbsp; 11630000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 13746660 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(47083) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;2080000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3909672 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 438161 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 6788210 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 5815000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (61579) |
| USD | &nbsp;&nbsp; 6787021 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 5815000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (62767) |
| USD | &nbsp;&nbsp; 30603138 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 26268788 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (340223) |
| USD | &nbsp;&nbsp; 10760183 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 9240000 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (124090) |
| USD | &nbsp;&nbsp; 2216008 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;1179692046 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (249907) |
| USD | &nbsp;&nbsp; 978064 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3560152000 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 49737 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 445025947 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9021661 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 79616 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;1732800000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 461961 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10229) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;1725762000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 461252 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11356) |
| USD | &nbsp;&nbsp; 8964725 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 445025947 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (136552) |
| USD | &nbsp;&nbsp; 929792 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3407689000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 41427 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;2642783061 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4957796 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 562524 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 11515298 | &nbsp;&nbsp;ISK | &nbsp;&nbsp;&nbsp;&nbsp;1675475861 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 13660 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp;&nbsp;&nbsp;1896692187 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 13035685 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15464) |
| USD | &nbsp;&nbsp; 2307692 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 93000000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;7/31/26 | &nbsp;&nbsp;&nbsp;&nbsp; 14510 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;5042669000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9510585 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;8/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1004131 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3858442 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 157000000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (13971) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;4030000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7696715 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 697552 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1489308000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2588390 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 512661 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1489572000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2587482 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 510837 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;22517044700 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 842073 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;8/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5262 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 7557995 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 303000000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;8/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 98725 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 22163377 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 96665570 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (510184) |
| PLN | &nbsp;&nbsp; 96665570 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 22757424 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (190492) |
| EUR | &nbsp;&nbsp; 22725719 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 99361390 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (587750) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1844881952 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3455482 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 348344 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1842635889 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3455482 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 343713 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 99361390 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 23386854 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (192110) |
| EUR | &nbsp;&nbsp; 45446906 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 197921277 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (950186) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1836001363 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3445302 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 334927 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 197921277 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 46576836 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (382834) |
| EUR | &nbsp;&nbsp; 33348061 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 145197458 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (686258) |
| PLN | &nbsp;&nbsp; 145197458 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 34172148 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (285981) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;3148710876 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6000402 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 469074 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;2682100486 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5130261 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 380497 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 721084 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 43229000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (39638) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;3135509992 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6000402 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 437465 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1565204825 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3000201 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 213497 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MNT | &nbsp;&nbsp;&nbsp;&nbsp;1760852600 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 459753 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 21801 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MNT | &nbsp;&nbsp;&nbsp;&nbsp;1814276000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 472837 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;10/5/26 | &nbsp;&nbsp;&nbsp;&nbsp; 22837 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;6387596000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 396745 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/5/26 | &nbsp;&nbsp;&nbsp;&nbsp; 121844 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;3518712735 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 218554 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 67002 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*44*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| RUB | &nbsp;&nbsp; 162125000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2023780 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/14/26 | &nbsp;&nbsp;$12099 | &nbsp;&nbsp;$— |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;3140674000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5142323 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1241691 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 929792 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3430934000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 52285 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 256002 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 973791964 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6941 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 929792 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3458828000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 45350 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;3109972000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5102497 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1201726 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 929792 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3454179000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 46936 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;4754781000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7857843 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1767339 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 4020067 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 1548325 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2618) |
| USD | &nbsp;&nbsp; 4422074 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 1703157 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2879) |
| USD | &nbsp;&nbsp; 4824081 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 1857990 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3141) |
| USD | &nbsp;&nbsp; 5308408 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 2044528 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3457) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1504882000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2754933 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;11/2/26 | &nbsp;&nbsp;&nbsp;&nbsp; 285164 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1529284407 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2587482 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 500853 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;6800879000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1845557 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (111604) |
| USD | &nbsp;&nbsp; 1859585 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;6926954000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 93487 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 464896 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1731738000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 23676 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZMW | &nbsp;&nbsp; 10952000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 451257 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;11/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 125471 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;3973843666 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1072562 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (61062) |
| USD | &nbsp;&nbsp; 929793 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3472775000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 45834 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 929793 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3474635000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 45360 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 115890000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 874642 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15871) |
| USD | &nbsp;&nbsp; 836751 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 115890000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (22020) |
| USD | &nbsp;&nbsp; 929793 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3491371000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 41527 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 464896 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1771255000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 14367 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 929792 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3626190000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;11/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8113 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 566724126 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10254748 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/19/26 | &nbsp;&nbsp;&nbsp;&nbsp; 189526 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 10326523 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 566724126 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (117751) |
| USD | &nbsp;&nbsp; 35456615 | &nbsp;&nbsp;KWD | &nbsp;&nbsp; 10831996 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;11/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 80680 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2005468 | &nbsp;&nbsp;UAH | &nbsp;&nbsp; 94257000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10200) |
| USD | &nbsp;&nbsp; 503185 | &nbsp;&nbsp;UAH | &nbsp;&nbsp; 23700000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;12/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3329) |
| USD | &nbsp;&nbsp; 989604 | &nbsp;&nbsp;UAH | &nbsp;&nbsp; 47501000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;12/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (25582) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1616358251 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3000201 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 220550 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1560104484 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2890421 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 218240 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1358314149 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2524044 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 182530 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp;&nbsp;&nbsp;3145234000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2119906 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;12/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8942 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;2306368463 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4339357 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 251847 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| JPY | &nbsp;&nbsp; 91126520 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 583432 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;1/7/27 | &nbsp;&nbsp;&nbsp;&nbsp; 10158 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 632592 | &nbsp;&nbsp;JPY | &nbsp;&nbsp; 91126520 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;1/7/27 | &nbsp;&nbsp;&nbsp;&nbsp; 39002 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| RUB | &nbsp;&nbsp; 218112000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2639207 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;1/13/27 | &nbsp;&nbsp;&nbsp;&nbsp; 6579 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp;&nbsp;&nbsp;1625307000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1012652 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;1/21/27 | &nbsp;&nbsp;&nbsp;&nbsp; 76473 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2238483 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1842630 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;1/25/27 | &nbsp;&nbsp;&nbsp;&nbsp; 55056 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 8080000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9636208 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;1/26/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (61509) |
| EUR | &nbsp;&nbsp; 12306204 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14449124 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;1/26/27 | &nbsp;&nbsp;&nbsp;&nbsp; 133574 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*45*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 14435177 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 12306204 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;1/26/27 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(147521) |
| USD | &nbsp;&nbsp; 9486997 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 8080000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;1/26/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (87702) |
| EUR | &nbsp;&nbsp; 6540000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7800258 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;1/27/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (50205) |
| USD | &nbsp;&nbsp; 7659434 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 6540000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;1/27/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (90618) |
| KES | &nbsp;&nbsp; 294316000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2186597 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (42031) |
| USD | &nbsp;&nbsp; 874638 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 123324000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23976) |
| USD | &nbsp;&nbsp; 380630 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 51385000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp; 6207 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 874640 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 119607000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp; 3110 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 117420000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 874637 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/18/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (21560) |
| USD | &nbsp;&nbsp; 871061 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 117420000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 17985 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 117201000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 874634 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/24/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (24150) |
| USD | &nbsp;&nbsp; 857039 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 117201000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/24/27 | &nbsp;&nbsp;&nbsp;&nbsp; 6554 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 120203000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 895041 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/2/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23796) |
| USD | &nbsp;&nbsp; 855537 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 120203000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/2/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15707) |
| USD | &nbsp;&nbsp; 4993351 | &nbsp;&nbsp;KWD | &nbsp;&nbsp; 1508004 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/3/27 | &nbsp;&nbsp;&nbsp;&nbsp; 59808 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 121054000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 895046 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/8/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (18662) |
| USD | &nbsp;&nbsp; 864671 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 121054000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/8/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11712) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1302614000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2355541 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 169944 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;36535678000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2792180 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 80686 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;18253878000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1396090 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 39245 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;18288780000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1396090 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/12/27 | &nbsp;&nbsp;&nbsp;&nbsp; 41724 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;18253878000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1396090 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/12/27 | &nbsp;&nbsp;&nbsp;&nbsp; 38980 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp;&nbsp;&nbsp;4077624000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2682647 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;3/15/27 | &nbsp;&nbsp;&nbsp;&nbsp; 8584 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 45187300 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 165888000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;3/15/27 | &nbsp;&nbsp;&nbsp;&nbsp; 13096 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 26963580 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 98986000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/15/27 | &nbsp;&nbsp;&nbsp;&nbsp; 7961 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 45187323 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 165964000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;3/16/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7597) |
| USD | &nbsp;&nbsp; 29813978 | &nbsp;&nbsp;HKD | &nbsp;&nbsp; 230790000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/16/27 | &nbsp;&nbsp;&nbsp;&nbsp; 73524 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 22593662 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 82982000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3809) |
| USD | &nbsp;&nbsp; 27119029 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 99586500 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (141) |
| USD | &nbsp;&nbsp; 4521732 | &nbsp;&nbsp;HKD | &nbsp;&nbsp; 35000000 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 11394 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 29841491 | &nbsp;&nbsp;HKD | &nbsp;&nbsp; 231000000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 73259 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 11576173 | &nbsp;&nbsp;HKD | &nbsp;&nbsp; 89610000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 28419 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;26619849175 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2042183 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 48666 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;13299713675 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1021091 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 23531 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;9845980000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 755349 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 18000 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;2684224000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 206082 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 4749 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;2234989000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 171592 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 3954 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;26670903738 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2042183 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 52290 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;13335451869 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1021091 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 26145 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;11641182000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 891362 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 22823 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;5820591000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 445681 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 11412 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;18433344596 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1406052 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/19/27 | &nbsp;&nbsp;&nbsp;&nbsp; 41255 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;11412500000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 866421 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/24/27 | &nbsp;&nbsp;&nbsp;&nbsp; 28814 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 27112442 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 99584000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;3/26/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6160) |

---

*46*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 26801198 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 98427398 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/30/27 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(2489) |
| USD | &nbsp;&nbsp; 26801197 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 98476980 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (16016) |
| USD | &nbsp;&nbsp; 26801197 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 98487700 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (18935) |
| USD | &nbsp;&nbsp; 19333237 | &nbsp;&nbsp;BHD | &nbsp;&nbsp; 7384389 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (157313) |
| USD | &nbsp;&nbsp; 19826064 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 74883641 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (55889) |
| USD | &nbsp;&nbsp; 19826064 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 74893554 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (58520) |
| USD | &nbsp;&nbsp; 19826222 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 74919328 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (65205) |
| USD | &nbsp;&nbsp; 19826222 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 74919328 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (65205) |
| USD | &nbsp;&nbsp; 39652444 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 149806933 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (121988) |
| USD | &nbsp;&nbsp; 26801197 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 98490380 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/2/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (19677) |
| USD | &nbsp;&nbsp; 19826222 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 74913380 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;4/5/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (62546) |
| USD | &nbsp;&nbsp; 3300100 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 12127042 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/6/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2339) |
| USD | &nbsp;&nbsp; 15934486 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 60236027 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (57154) |
| USD | &nbsp;&nbsp; 19826064 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 74913380 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (62165) |
| USD | &nbsp;&nbsp; 19826064 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 74923293 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (64796) |
| USD | &nbsp;&nbsp; 19826063 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 74941136 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (69534) |
| USD | &nbsp;&nbsp; 9666695 | &nbsp;&nbsp;BHD | &nbsp;&nbsp; 3688811 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/12/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (68537) |
| RUB | &nbsp;&nbsp; 454199000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5278413 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;4/13/27 | &nbsp;&nbsp;&nbsp;&nbsp; 107808 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;2119371000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 118170 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/25/27 | &nbsp;&nbsp;&nbsp;&nbsp; 41749 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;2223163000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 124352 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;11/8/27 | &nbsp;&nbsp;&nbsp;&nbsp; 42969 | &nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  |  |  | &nbsp;&nbsp;**$47031272** | &nbsp;&nbsp;**$(44064508)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Commodity Futures** |  |  |  |  |  |
| Brent Crude Oil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;7/31/26 | &nbsp;&nbsp;&nbsp;&nbsp;$14003990 | &nbsp;&nbsp;&nbsp;&nbsp;$905441 |
| Gold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/26/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36573840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 340588 |
| WTI Crude Oil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(143) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13366210) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1016072) |
| **Equity Futures** |  |  |  |  |  |
| OMX Stockholm 30 Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;5/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21758867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (350364) |
| Euro Stoxx Bank | &nbsp;&nbsp;&nbsp;&nbsp;(2037) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30750693) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2676210) |
| IFSC Nifty 50 Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(384) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;5/26/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18646456) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (208227) |
| STOXX Europe 600 Index | &nbsp;&nbsp;&nbsp;&nbsp;(1378) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (49181767) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1777384) |
| **Interest Rate Futures** |  |  |  |  |  |
| U.S. Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62064063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (370010) |
| U.S. Ultra-Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45552375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1970390) |
| Euro-Bobl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(289) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (39158880) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 388526 |
| Euro-Bund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1471287) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25069 |
| Japan 10-Year Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (825652) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16352 |
| U.S. 2-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6006625) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54196 |

---

*47*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts (continued)** | **Futures Contracts (continued)** | **Futures Contracts (continued)** | **Futures Contracts (continued)** | **Futures Contracts (continued)** | **Futures Contracts (continued)** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Interest Rate Futures (continued)** |  |  |  |  |  |
| U.S. 5-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;(1026) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;$(110639672) | &nbsp;&nbsp;&nbsp;&nbsp;$1124810 |
| U.S. 10-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (884750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 313 |
| U.S. Ultra 10-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2031469) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23437 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$(5489925)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;164400 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.58%<br> (pays quarterly) | 12/17/30 | $46306 | $— | $46306 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;140000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43657 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 43657 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65400 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21053 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 21053 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;197000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65396 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 65396 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;110000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37623 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 37623 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45014 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.60%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18603 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 18603 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;123900 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.62%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62104 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 62104 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;122116 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.62%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63357 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 63357 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;149413 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83620 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 83620 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74900 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42024 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 42024 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59757 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33948 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 33948 |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;405572 | Receives | 6-month CZK PRIBOR<br> (pays semi-annually) | 4.62%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(138004) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (138004) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | Receives | 1-day Euro Short-Term Rate<br> (pays annually) | 2.60%<br> (pays annually) | 1/24/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5813) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21 | &nbsp;&nbsp;&nbsp;&nbsp; (5792) |

---

*48*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3629 | Pays | 6-month EURIBOR<br> (pays semi-annually) | 3.03%<br> (pays annually) | 10/10/29 | $88542 | $— | $88542 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | Pays | 6-month EURIBOR<br> (pays semi-annually) | 3.17%<br> (pays annually) | 10/17/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37456 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 37456 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781 | Pays | 6-month EURIBOR<br> (pays semi-annually) | 3.01%<br> (pays annually) | 10/27/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43047 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 43047 |
| KRW | 15445000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.37%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(184762) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (184762) |
| KRW | 23197000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.38%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(276755) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (276755) |
| KRW | 12139000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.38%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(142536) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (142536) |
| KRW | 11584000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.39%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(134501) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (134501) |
| KRW | 17995000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.41%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(195336) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (195336) |
| KRW | 21593000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.44%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(214479) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (214479) |
| KRW | 19572000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.44%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(191589) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (191589) |
| KRW | 8997000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.45%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(87352) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (87352) |
| KRW | 21593000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.45%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(204471) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (204471) |
| KRW | 14708700 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.47%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(128702) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (128702) |
| KRW | 8997300 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.47%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(79561) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (79561) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;558000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.27%<br> (pays monthly) | 12/9/27 | &nbsp;&nbsp;&nbsp;&nbsp;101394 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 101394 |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;504100 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.30%<br> (pays monthly) | 12/9/27 | &nbsp;&nbsp;&nbsp;&nbsp;104945 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 104945 |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;884900 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.93%<br> (pays monthly) | 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;(103686) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (103686) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;567000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.94%<br> (pays monthly) | 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;(65176) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (65176) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;641000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.30%<br> (pays monthly) | 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;142465 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 142465 |

---

*49*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;887000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.12%<br> (pays monthly) | 1/12/28 | $15920 | $— | $15920 |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;882000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.08%<br> (pays monthly) | 1/13/28 | &nbsp;&nbsp;&nbsp;&nbsp;(17673) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17673) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;136100 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.04%<br> (pays monthly) | 1/14/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8556) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8556) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;103000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.83%<br> (pays monthly) | 2/18/28 | &nbsp;&nbsp;&nbsp;&nbsp;(33446) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (33446) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;119000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.84%<br> (pays monthly) | 2/21/28 | &nbsp;&nbsp;&nbsp;&nbsp;(38116) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (38116) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;110000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.83%<br> (pays monthly) | 2/22/28 | &nbsp;&nbsp;&nbsp;&nbsp;(35765) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (35765) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.79%<br> (pays monthly) | 2/24/28 | &nbsp;&nbsp;&nbsp;&nbsp;(26621) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (26621) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.76%<br> (pays monthly) | 2/25/28 | &nbsp;&nbsp;&nbsp;&nbsp;(18341) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (18341) |
| MXN | 1052000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.06%<br> (pays monthly) | 3/7/28 | &nbsp;&nbsp;&nbsp;&nbsp;(114967) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (114967) |
| MXN | 1061946 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.04%<br> (pays monthly) | 3/9/28 | &nbsp;&nbsp;&nbsp;&nbsp;(147753) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (147753) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;860000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.08%<br> (pays monthly) | 3/10/28 | &nbsp;&nbsp;&nbsp;&nbsp;(85455) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (85455) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;849000 | Receives | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.53%<br> (pays monthly) | 4/6/28 | &nbsp;&nbsp;&nbsp;&nbsp;(301103) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (301103) |
| MXN | 2352070 | Receives | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.54%<br> (pays monthly) | 4/6/28 | &nbsp;&nbsp;&nbsp;&nbsp;(857572) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (857572) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;979500 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.56%<br> (pays monthly) | 6/14/28 | &nbsp;&nbsp;&nbsp;&nbsp;228366 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 228366 |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13120 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 9.13%<br> (pays monthly) | 11/6/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34717 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 34717 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23717 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.17%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;(117410) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (117410) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43591 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.18%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;(210511) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (210511) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83578 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.24%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;(339486) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (339486) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26714 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.25%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;(106339) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (106339) |

---

*50*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;175402 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.70%<br> (pays annually) | 6/17/31 | $(251804) | $— | $(251804) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90904 | Receives | 6-month PLN WIBOR<br> (pays quarterly) | 4.49%<br> (pays annually) | 8/12/32 | &nbsp;&nbsp;&nbsp;&nbsp;120850 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 120850 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90904 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.59%<br> (pays annually) | 8/12/32 | &nbsp;&nbsp;&nbsp;&nbsp;(88073) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (88073) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;390150 | Receives | 6-month PLN WIBOR<br> (pays quarterly) | 4.61%<br> (pays annually) | 9/9/32 | &nbsp;&nbsp;&nbsp;&nbsp;322728 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 322728 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;390150 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.71%<br> (pays annually) | 9/9/32 | &nbsp;&nbsp;&nbsp;&nbsp;(188186) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (188186) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11653 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.27%<br> (pays annually) | 6/18/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36173 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 36173 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45541 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.31%<br> (pays annually) | 6/18/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95381 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 95381 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60296 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.34%<br> (pays annually) | 6/18/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91607 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 91607 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38470 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.44%<br> (pays annually) | 12/17/35 | &nbsp;&nbsp;&nbsp;&nbsp;234143 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 234143 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74514 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.91%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(193177) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (193177) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;417000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.12%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92173 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 92173 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;909000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.13%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;193806 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 193806 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;695000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.13%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;141748 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 141748 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;199000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.13%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40020 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 40020 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;645000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.14%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;123744 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 123744 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;357000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.15%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64933 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 64933 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;198000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.16%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32348 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 32348 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;357000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.17%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55782 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 55782 |
| **Total** |  |  |  |  |  | **$(2373098)** | **$21** | **$(2373077)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** |
| **Reference Entity** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Current<br> Market Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Saudi Arabia | &nbsp;&nbsp;$17542 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;0.68% | &nbsp;&nbsp;6/20/31 | &nbsp;&nbsp;$279795 | &nbsp;&nbsp;$(137028) | &nbsp;&nbsp;$142767 |
| **Total** | &nbsp;&nbsp;**$17542** |  |  | &nbsp;&nbsp;**$279795** | &nbsp;&nbsp;**$(137028)** | &nbsp;&nbsp;**$142767** |

---

*51*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** |  |
| **Reference Entity** | &nbsp;&nbsp;**Notional<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Bahrain | $&nbsp;&nbsp;&nbsp;&nbsp;8500 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/35 | &nbsp;&nbsp;$1156522 | &nbsp;&nbsp;$(856574) | &nbsp;&nbsp;$299948 |
| Korea | 147330 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; (5037511) | &nbsp;&nbsp;&nbsp;&nbsp; 4690458 | &nbsp;&nbsp;&nbsp;&nbsp; (347053) |
| Markit CDX Emerging Markets Index (CDX.EM.43.V1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 192 | &nbsp;&nbsp;&nbsp;&nbsp; (886) | &nbsp;&nbsp;&nbsp;&nbsp; (694) |
| Markit CDX Emerging Markets Index (CDX.EM.44.V1) | &nbsp;&nbsp;&nbsp;34255 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 273428 | &nbsp;&nbsp;&nbsp;&nbsp; (718251) | &nbsp;&nbsp;&nbsp;&nbsp; (444823) |
| Markit CDX Emerging Markets Index (CDX.EM.45.V1) | 202782 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; 5361796 | &nbsp;&nbsp;&nbsp;&nbsp;(9204075) | &nbsp;&nbsp;&nbsp;&nbsp;(3842279) |
| Markit CDX North America High Yield Index (CDX.NA.HY.45.V2) | 108853 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; (8533579) | &nbsp;&nbsp;&nbsp;&nbsp; 8363081 | &nbsp;&nbsp;&nbsp;&nbsp; (170498) |
| Markit CDX North America High Yield Index (CDX.NA.HY.46.V1) | &nbsp;&nbsp;&nbsp;48125 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; (3694635) | &nbsp;&nbsp;&nbsp;&nbsp; 1978318 | &nbsp;&nbsp;&nbsp;&nbsp;(1716317) |
| Poland | &nbsp;&nbsp;&nbsp;27220 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; (634604) | &nbsp;&nbsp;&nbsp;&nbsp; 429225 | &nbsp;&nbsp;&nbsp;&nbsp; (205379) |
| Qatar | &nbsp;&nbsp;&nbsp;40962 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; (1251145) | &nbsp;&nbsp;&nbsp;&nbsp; 916237 | &nbsp;&nbsp;&nbsp;&nbsp; (334908) |
| Saudi Arabia | &nbsp;&nbsp;&nbsp;54737 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; (899362) | &nbsp;&nbsp;&nbsp;&nbsp; 525098 | &nbsp;&nbsp;&nbsp;&nbsp; (374264) |
| Saudi Arabia | &nbsp;&nbsp;&nbsp;51000 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/33 | &nbsp;&nbsp;&nbsp;&nbsp; (424882) | &nbsp;&nbsp;&nbsp;&nbsp; 44504 | &nbsp;&nbsp;&nbsp;&nbsp; (380378) |
| Saudi Arabia | &nbsp;&nbsp;&nbsp;46290 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/35 | &nbsp;&nbsp;&nbsp;&nbsp; (18517) | &nbsp;&nbsp;&nbsp;&nbsp; (388244) | &nbsp;&nbsp;&nbsp;&nbsp; (406761) |
| Saudi Arabia | &nbsp;&nbsp;&nbsp;38000 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/36 | &nbsp;&nbsp;&nbsp;&nbsp; 54402 | &nbsp;&nbsp;&nbsp;&nbsp; 15239 | &nbsp;&nbsp;&nbsp;&nbsp; 69641 |
| South Africa | 200746 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 3580573 | &nbsp;&nbsp;&nbsp;&nbsp;(4005427) | &nbsp;&nbsp;&nbsp;&nbsp; (424854) |
| **Total** |  |  | &nbsp;&nbsp;**$(10067322)** | &nbsp;&nbsp;**$1788703** | &nbsp;&nbsp;**$(8278619)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Contract Annual<br> Fixed Rate<sup>(2)</sup>** | &nbsp;&nbsp;**Current<br> Market<br> Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Petroleos Mexicanos | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;$2469 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.52% | &nbsp;&nbsp;12/20/26 | &nbsp;&nbsp;$(5200) | &nbsp;&nbsp;$23646 | &nbsp;&nbsp;$18446 |
| Petroleos Mexicanos | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 3209 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.52 | &nbsp;&nbsp;12/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; (6759) | &nbsp;&nbsp;&nbsp;&nbsp; 25936 | &nbsp;&nbsp;&nbsp;&nbsp; 19177 |
| Petroleos Mexicanos | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 3075 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.71 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp;(20659) | &nbsp;&nbsp;&nbsp;&nbsp; 58265 | &nbsp;&nbsp;&nbsp;&nbsp; 37606 |
| Petroleos Mexicanos | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 5717 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.71 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp;(38408) | &nbsp;&nbsp;&nbsp;&nbsp; 92838 | &nbsp;&nbsp;&nbsp;&nbsp; 54430 |
| Petroleos Mexicanos | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 3586 | &nbsp;&nbsp;4.00%<br> (pays monthly) | &nbsp;&nbsp;2.61 | &nbsp;&nbsp; 7/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 24382 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24382 |
| Petroleos Mexicanos | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 3506 | &nbsp;&nbsp;4.20%<br> (pays monthly) | &nbsp;&nbsp;2.61 | &nbsp;&nbsp; 7/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 24947 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 24947 |

---

*52*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Current<br> Market<br> Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Petroleos Mexicanos | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;$2512 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.50% | &nbsp;&nbsp; 6/20/26 | &nbsp;&nbsp;$1186 | &nbsp;&nbsp;$13199 | &nbsp;&nbsp;$14385 |
| Petroleos Mexicanos | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 2000 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.50 | &nbsp;&nbsp; 6/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 945 | &nbsp;&nbsp;&nbsp;&nbsp; 3243 | &nbsp;&nbsp;&nbsp;&nbsp; 4188 |
| Petroleos Mexicanos | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 1146 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.50 | &nbsp;&nbsp; 6/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 541 | &nbsp;&nbsp;&nbsp;&nbsp; 1935 | &nbsp;&nbsp;&nbsp;&nbsp; 2476 |
| Petroleos Mexicanos | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 1146 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.71 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp; (7699) | &nbsp;&nbsp;&nbsp;&nbsp; 17963 | &nbsp;&nbsp;&nbsp;&nbsp; 10264 |
| Petroleos Mexicanos | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 5789 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.71 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp;(38892) | &nbsp;&nbsp;&nbsp;&nbsp; 91355 | &nbsp;&nbsp;&nbsp;&nbsp; 52463 |
| Petroleos Mexicanos | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp; 2193 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.67 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp;(13842) | &nbsp;&nbsp;&nbsp;&nbsp; 38545 | &nbsp;&nbsp;&nbsp;&nbsp; 24703 |
| **Total** |  | &nbsp;&nbsp;**$36348** |  |  | &nbsp;&nbsp;**$(79458)** | &nbsp;&nbsp;**$366925** | &nbsp;&nbsp;**$287467** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Ecuador | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;$963 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/26 | &nbsp;&nbsp;$(30007) | &nbsp;&nbsp;$11235 | &nbsp;&nbsp;$(18772) |
| Ecuador | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 540 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; (16826) | &nbsp;&nbsp;&nbsp;&nbsp; 5235 | &nbsp;&nbsp;&nbsp;&nbsp; (11591) |
| Saudi Arabia | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;14533 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; (231801) | &nbsp;&nbsp;&nbsp;&nbsp;(137560) | &nbsp;&nbsp;&nbsp;&nbsp; (369361) |
| Saudi Arabia | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;31500 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; (517564) | &nbsp;&nbsp;&nbsp;&nbsp; 334073 | &nbsp;&nbsp;&nbsp;&nbsp; (183491) |
| Saudi Arabia | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;40642 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; (667772) | &nbsp;&nbsp;&nbsp;&nbsp; 413921 | &nbsp;&nbsp;&nbsp;&nbsp; (253851) |
| Saudi Arabia | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;28800 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6/20/35 | &nbsp;&nbsp;&nbsp;&nbsp; (66033) | &nbsp;&nbsp;&nbsp;&nbsp;(276640) | &nbsp;&nbsp;&nbsp;&nbsp; (342673) |
| United States | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;38049 &nbsp;&nbsp;0.25%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 191109 | &nbsp;&nbsp;&nbsp;&nbsp;(174148) | &nbsp;&nbsp;&nbsp;&nbsp; 16961 |
| United States | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp; 2976 &nbsp;&nbsp;0.25%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 14948 | &nbsp;&nbsp;&nbsp;&nbsp; (18241) | &nbsp;&nbsp;&nbsp;&nbsp; (3293) |
| United States | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 1984 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 7943 | &nbsp;&nbsp;&nbsp;&nbsp; (10320) | &nbsp;&nbsp;&nbsp;&nbsp; (2377) |
| **Total** |  |  |  | &nbsp;&nbsp;**$(1316003)** | &nbsp;&nbsp;**$147555** | &nbsp;&nbsp;**$(1168448)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*53*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

<sup>(1)</sup> If the Portfolio is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Portfolio could be required to make if a credit event, as defined in the credit default swap agreement, were to occur. At April 30, 2026, such maximum potential amount for all open credit default swaps in which the Portfolio is the seller was $53,890,000.

<sup>(2)</sup> The contract annual fixed rate represents the fixed rate of interest received by the Portfolio (as a seller of protection) or paid by the Portfolio (as a buyer of protection) on the notional amount of the credit default swap contract.

<sup>(3)</sup> Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the market's perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit event involving the reference entity. A rate identified as "Defaulted" indicates a credit event has occurred for the reference entity.

<sup>(4)</sup> Upfront payment is exchanged with the counterparty as a result of the standardized trading coupon.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** |
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio Receives** | &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio Pays** | &nbsp;&nbsp;&nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;1097 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 12,841,000,000<br> Uzbekistan Treasury Bonds, 14.00%, 2/6/29 (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2/6/29 | &nbsp;&nbsp;&nbsp;&nbsp;$59859 |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;1413 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 16,265,000,000<br> Uzbekistan Treasury Bonds, 14.00%, 2/6/29 (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2/6/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52591 |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 512 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 5,907,000,000<br> Uzbekistan Treasury Bonds, 15.00%, 1/7/29 (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1/7/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39032 |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 709 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 8,133,000,000<br> Uzbekistan Treasury Bonds, 15.00%, 1/7/29 (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1/7/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48827 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp;Excess Return on USD - SOFR Index minus 0.85% plus Negative Return on J.P. Morgan EMBI Global Diversified Index (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Positive Return on J.P. Morgan EMBI Global Diversified Index (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;5/14/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41587 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$241896** |

---

<sup>1</sup> The Portfolio enters into fully funded total return swap agreements. Under these arrangements, the Portfolio does not make periodic payments to the counterparty.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | – American Depositary Receipt |
| CMT | – Constant Maturity Treasury |
| COF | – Cost of Funds 11th District |
| EURIBOR | – Euro Interbank Offered Rate |
| GDR | – Global Depositary Receipt |

---

---

| | |
|:---|:---|
| LME | – London Metal Exchange |
| OTC | – Over-the-counter |
| PIK | – Payment In Kind |
| PRIBOR | – Prague Interbank Offered Rate |
| SOFR | – Secured Overnight Financing Rate |

---

*54*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

 <br> TAIBOR – Taipei Interbank Offered Rate <br> WIBOR – Warsaw Interbank Offered Rate

 <br> WTI – West Texas Intermediate

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| AED | – United Arab Emirates Dirham |
| ALL | – Albanian Lek |
| AMD | – Armenian Dram |
| BHD | – Bahraini Dinar |
| BRL | – Brazilian Real |
| CLP | – Chilean Peso |
| CNY | – Yuan Renminbi |
| COP | – Colombian Peso |
| CZK | – Czech Koruna |
| EGP | – Egyptian Pound |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| HKD | – Hong Kong Dollar |
| HUF | – Hungarian Forint |
| IDR | – Indonesian Rupiah |
| ILS | – Israeli Shekel |
| INR | – Indian Rupee |
| ISK | – Icelandic Krona |
| JPY | – Japanese Yen |
| KES | – Kenyan Shilling |
| KRW | – South Korean Won |
| KWD | – Kuwaiti Dinar |
| KZT | – Kazakhstani Tenge |
| LKR | – Sri Lankan Rupee |
| MNT | – Mongolia Tughrik |

---

---

| | |
|:---|:---|
| MXN | – Mexican Peso |
| MYR | – Malaysian Ringgit |
| NGN | – Nigerian Naira |
| NZD | – New Zealand Dollar |
| OMR | – Omani Rial |
| PHP | – Philippine Peso |
| PLN | – Polish Zloty |
| PYG | – Paraguayan Guarani |
| RON | – Romanian Leu |
| RSD | – Serbian Dinar |
| RUB | – Russian Ruble |
| SAR | – Saudi Riyal |
| SEK | – Swedish Krona |
| TRY | – Turkish Lira |
| TWD | – New Taiwan Dollar |
| TZS | – Tanzanian Schilling |
| UAH | – Ukrainian Hryvnia |
| UGX | – Ugandan Shilling |
| USD | – United States Dollar |
| UYU | – Uruguayan Peso |
| UZS | – Uzbekistani Som |
| VND | – Viet Nam Dong |
| ZAR | – South African Rand |
| ZMW | – Zambian Kwacha |

---

*55*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $2,854,476,987) | &nbsp;&nbsp;$2973091324 |
| Affiliated investments, at value (identified cost $804,068,570) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804068570 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55852371 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69808401 |
| &nbsp;&nbsp;&nbsp;OTC derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15890000 |
| Cash collateral for securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129892552 |
| Foreign currency, at value (identified cost $61,543,382) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61814228 |
| Interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31809245 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1755817 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16840306 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47031272 |
| Receivable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546324 |
| Upfront payments on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4347821 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2160 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293792 |
| **Total assets** | &nbsp;&nbsp;**$4213044183** |
| Liabilities |  |
| Cash collateral due to brokers | &nbsp;&nbsp;$15890000 |
| Payable for reverse repurchase agreements, including accrued interest of $1,967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773286 |
| Written options outstanding, at value (premiums received $1,646,771) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490909 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43469965 |
| Payable for when-issued securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8254982 |
| Payable for securities sold short, at value (proceeds $289,744,267) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292986165 |
| Payable for variation margin on open futures contracts and futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2085624 |
| Payable for variation margin on open centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2398858 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44064508 |
| Payable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1185409 |
| Upfront receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1131389 |
| 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;1613841 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63473 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293792 |
| Interest payable on securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3004655 |
| Accrued foreign capital gains taxes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166532 |
| Accrued expenses and other liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996046 |
| **Total liabilities** | &nbsp;&nbsp;**$418869434** |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$3794174749** |

---

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $288,656) | &nbsp;&nbsp;$1573768 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10262990 |
| Interest income (net of foreign taxes withheld of $2,381,769) | &nbsp;&nbsp;&nbsp;&nbsp;117383882 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070979 |
| **Total investment income** | &nbsp;&nbsp;**$131291619** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$9376571 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108500 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1123413 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374341 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72227 |
| Interest and dividend expense on securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6755633 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98401 |
| **Total expenses** | &nbsp;&nbsp;**$17909086** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$398883 |
| **Total expense reductions** | &nbsp;&nbsp;**$398883** |
| **Net expenses** | &nbsp;&nbsp;**$17510203** |
| **Net investment income** | &nbsp;&nbsp;**$113781416** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions (net of foreign capital gains taxes of $12,642) | &nbsp;&nbsp;$76088131 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1216298 |
| &nbsp;&nbsp;&nbsp;Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14934) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581429 |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1558908) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361821 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(668804) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5224108 |
| **Net realized gain** | &nbsp;&nbsp;**$81229141** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments (including net increase in accrued foreign capital gains taxes of $158,078) | &nbsp;&nbsp;$13261016 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254110 |
| &nbsp;&nbsp;&nbsp;Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4494898 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3364696) |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2364927) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5971246) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(476931) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8734151) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(2901927)** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$78327214** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$192108630** |

---

*57*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$113781416 | &nbsp;&nbsp;$153967122 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81229141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7666763) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2901927) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110636016 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$192108630** | &nbsp;&nbsp;**$256936375** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$650733054 | &nbsp;&nbsp;$1074138058 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32017264) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(118299586) |
| **Net increase in net assets from capital transactions** | &nbsp;&nbsp;**$618715790** | &nbsp;&nbsp;**$955838472** |
| **Net increase in net assets** | &nbsp;&nbsp;**$810824420** | &nbsp;&nbsp;**$1212774847** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$2983350329 | &nbsp;&nbsp;$1770575482 |
| **At end of period** | &nbsp;&nbsp;**$3794174749** | &nbsp;&nbsp;**$2983350329** |

---

*58*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Consolidated Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| <br>Ratios/Supplemental Data | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.73% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.03%<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.73%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.72%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.26% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.49% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.60% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.95%<sup>(5)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.26%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.70%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.29%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.93)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.52%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$3794175** | &nbsp;&nbsp;**$2983350** | &nbsp;&nbsp;**$1770575** | &nbsp;&nbsp;**$1792136** | &nbsp;&nbsp;**$1855794** | &nbsp;&nbsp;**$2563864** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.40%, 0.48%, 0.41%, 0.37%, 0.08% and 0.06%, of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(3)</sup> Annualized.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.02%, 0.02%, 0.01%, 0.01% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(5)</sup> Not annualized.

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Global Macro Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a non-diversified, open-end management investment company. The Portfolio's investment objective is total return. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Global Macro Absolute Return Fund held an interest of approximately 100% in the Portfolio.

The Portfolio seeks to gain exposure to the commodity markets, in whole or in part, through investments in Eaton Vance GMP Commodity Subsidiary, Ltd. (the Subsidiary), a wholly-owned subsidiary of the Portfolio organized under the laws of the Cayman Islands with the same objective and investment policies and restrictions as the Portfolio. The Portfolio may invest up to 25% of its total assets in the Subsidiary. The net assets of the Subsidiary at April 30, 2026 were $25,778,898 or 0.7% of the Portfolio's consolidated net assets. The accompanying consolidated financial statements include the accounts of the Subsidiary. Intercompany balances and transactions have been eliminated in consolidation.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.

**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.**

**Senior Floating-Rate Loans. Interests in senior floating-rate loans are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service.**

**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.**

**Derivatives. U.S. exchange-traded options (other than futures style 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 (including options on securities, indices and foreign currencies) 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. Futures contracts and futures style options are valued at the closing settlement price established by the board of trade or exchange on which they are traded, with adjustments for fair valuation for certain foreign futures contracts as described below. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service. Swaps are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract, and in the case of credit default swaps, based on credit spread quotations obtained from broker/dealers and expected default recovery rates determined by the pricing service using proprietary models. In the case of total return swaps, pricing service valuations are based on the value of the underlying index or instrument and reference interest rate. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.**

**Foreign Securities, Financial Futures Contracts and Currencies. Foreign securities, financial futures contracts 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 and certain exchange-traded foreign financial futures contracts generally is determined as of the close of trading on the principal exchange on which such securities and contracts trade. Events occurring after the close of trading on foreign exchanges may result in adjustments to the valuation of foreign securities and certain foreign financial futures contracts 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 and foreign financial futures contracts that meet certain criteria, the Portfolio's Trustees have approved the use of a fair value service that values such securities and foreign financial futures contracts 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 and foreign financial futures contracts.**

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

**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. Exchange-traded funds are valued at the official closing price as reported by an independent pricing service on the primary market or exchange on which they are traded.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Portfolio'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 Portfolio 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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Inflation adjustments to the principal amount of inflation-adjusted bonds and notes are reflected as interest income. Deflation adjustments to the principal amount of an inflation-adjusted bond or note are reflected as reductions to interest income to the extent of interest income previously recorded on such bond or note. 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 Portfolio is informed of the ex-dividend date. Withholding taxes on foreign interest, dividends and capital gains have been provided for in accordance with the Portfolio's understanding of the applicable countries' tax rules and rates. As a result of several court cases in certain countries across the European Union (EU), the Portfolio filed additional tax reclaims for previously withheld taxes on dividends earned in those countries. Income recognized, if any, for EU reclaims and interest thereon is reflected as other income in the Consolidated Statement of Operations, and any related receivable, if any, is reflected as European Union tax reclaims receivable in the Consolidated Statement of Assets and Liabilities. Any fees associated with these filings are reflected in miscellaneous expenses in the Consolidated Statement of Operations. When uncertainty exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these EU reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. For U.S. income tax purposes, EU reclaims received by the Portfolio, if any, may reduce the amount of foreign taxes Fund shareholders can use as tax deductions or credits on their income tax returns. In the event that EU reclaims received by the Portfolio during a fiscal year exceed foreign withholding taxes paid by the Portfolio, and the Portfolio previously passed through to its shareholders foreign taxes incurred by the Portfolio to be used as a credit or deduction on a shareholder's income tax return, the Portfolio may be required to enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the Fund's shareholders.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

In addition to the requirements of the Internal Revenue Code, the Portfolio may also be subject to local taxes on the recognition of capital gains in certain countries. In determining the daily net asset value, the Portfolio 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.

The Subsidiary is treated as a controlled foreign corporation under the Internal Revenue Code and is not expected to be subject to U.S. federal income tax. The Portfolio is treated as a U.S. shareholder of the Subsidiary. As a result, the Portfolio is required to include in gross income for U.S. federal tax purposes all of the Subsidiary's income, whether or not such income is distributed by the Subsidiary. If a net loss is realized by the Subsidiary, such loss is not generally available to offset the income earned by the Portfolio.

As of April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

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.

F Unfunded Loan Commitments—The Portfolio may enter into certain loan agreements all or a portion of which may be unfunded. The Portfolio is obligated to fund these commitments at the borrower's discretion. These commitments, if any, are disclosed in the accompanying Consolidated Portfolio of Investments.

G Use of Estimates—The preparation of the consolidated 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 consolidated 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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

I Financial and Commodities Futures Contracts—Upon entering into a financial or commodities futures contract, the Portfolio is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Portfolio each business day, depending on the daily fluctuations in the value of the underlying security, index or commodity, and are recorded as unrealized gains or losses by the Portfolio. Gains (losses) are realized upon the expiration or closing of the financial or commodities futures contracts. Should market conditions change unexpectedly, the Portfolio may not achieve the anticipated benefits of the financial or commodities futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

J Forward Foreign Currency Exchange Contracts—The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. While forward foreign currency exchange contracts are privately negotiated agreements between the Portfolio and a counterparty, certain contracts may be "centrally cleared", whereby all payments made or received by the Portfolio pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared contracts, the Portfolio is required to deposit with the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. For centrally cleared contracts, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar. In the case of centrally cleared contracts, counterparty risk is minimal due to protections provided by the CCP.

K Purchased Options—Upon the purchase of a call or put option, the premium paid by the Portfolio is included in the Consolidated Statement of Assets and Liabilities as an investment. The amount of the investment is subsequently marked-to-market to reflect the current market value of the option purchased, in accordance with the Portfolio's policies on investment valuations discussed above. Premiums paid for purchasing options that expire are treated as realized losses. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. An option on a futures contract gives the holder the right to enter into a specified futures contract. As the purchaser of an index option, the Portfolio has the right to receive a cash payment equal to any depreciation in the value of the index below the exercise price of the option (in the case of a put) or equal to any appreciation in the value of the index over the exercise price of the option (in the case of a call) as of the valuation date of the option. The risk associated with purchasing options is limited to the premium originally paid. Purchased options traded over-the-counter involve risk that the issuer or counterparty will fail to perform its contractual obligations.

L Written Options—Upon the writing of a call or a put option, the premium received by the Portfolio is included in the Consolidated 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 Portfolio's policies on investment valuations discussed above. Premiums received from writing options that expire are treated as realized gains. Premiums received from writing options that 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 Portfolio 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. The Portfolio, as a writer of an option, may have no control over whether the underlying instrument may be sold (call) or purchased (put) and, as a result, bears the market risk of an unfavorable change in the price of the instrument underlying the written option. The Portfolio may also bear the risk of not being able to enter into a closing transaction if a liquid secondary market does not exist.

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[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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M Futures Style Options—Option contracts can be either equity style (premium is paid in full when the option is opened) or futures style (premium moves as part of variation margin over the life of the option, and is paid in full when the option is closed). For futures style options, on a daily basis for both purchased and written options, the Portfolio pays or receives variation margin based on the daily fluctuation in market value, and records variation margin in the Consolidated Statement of Assets and Liabilities. Realized gains or losses are recorded at the time the option contract is closed or expires. The net realized gains or losses and net unrealized appreciation or depreciation from futures style options are recorded in futures style options in the Portfolio's Consolidated Statement of Operations.

N Interest Rate Swaps—Swap contracts are privately negotiated agreements between the Portfolio and a counterparty. Certain swap contracts may be centrally cleared. Pursuant to interest rate swap agreements, the Portfolio either makes floating-rate payments to the counterparty (or CCP in the case of centrally cleared swaps) based on a benchmark interest rate in exchange for fixed-rate payments or the Portfolio makes fixed-rate payments to the counterparty (or CCP in the case of a centrally cleared swap) in exchange for payments on a floating benchmark interest rate. Payments received or made, including amortization of upfront payments/receipts, if any (which are amortized over the life of the swap contract), are recorded as realized gains or losses. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains or losses. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. The value of the swap is determined by changes in the relationship between two rates of interest. The Portfolio is exposed to credit loss in the event of non-performance by the swap counterparty. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP. Risk may also arise from movements in interest rates.

O Credit Default Swaps—When the Portfolio is the buyer of a credit default swap contract, the Portfolio is entitled to receive the par (or other agreed-upon) value of a referenced debt obligation (or basket of debt obligations) from the counterparty (or CCP in the case of a centrally cleared swap) to the contract if a credit event by a third party, such as a U.S. or foreign corporate issuer or sovereign issuer, on the debt obligation occurs. In return, the Portfolio pays the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Portfolio would have spent the stream of payments and received no proceeds from the contract. When the Portfolio is the seller of a credit default swap contract, it receives the stream of payments, but is obligated to pay to the buyer of the protection an amount up to the notional amount of the swap and in certain instances take delivery of securities of the reference entity upon the occurrence of a credit event, as defined under the terms of that particular swap agreement. Credit events are contract specific but may include bankruptcy, failure to pay, restructuring, obligation acceleration and repudiation/moratorium. If the Portfolio is a seller of protection and a credit event occurs, the maximum potential amount of future payments that the Portfolio could be required to make would be an amount equal to the notional amount of the agreement. This potential amount would be partially offset by any recovery value of the respective referenced obligation, or net amount received from the settlement of a buy protection credit default swap agreement entered into by the Portfolio for the same referenced obligation. As the seller, the Portfolio may create economic leverage to its portfolio because, in addition to its total net assets, the Portfolio is subject to investment exposure on the notional amount of the swap. The interest fee paid or received on the swap contract, which is based on a specified interest rate on a fixed notional amount, is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as realized gain upon receipt or realized loss upon payment. The Portfolio also records an increase or decrease to unrealized appreciation (depreciation) in an amount equal to the daily valuation. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. All upfront payments and receipts, if any, are amortized over the life of the swap contract as realized gains or losses. Those upfront payments or receipts for non-centrally cleared swaps are recorded as other assets or other liabilities, respectively, net of amortization. For financial reporting purposes, unamortized upfront payments or receipts, if any, are netted with unrealized appreciation or depreciation on swap contracts to determine the market value of swaps as presented in Notes 6 and 10. These transactions involve certain risks, including the risk that the seller may be unable to fulfill the transaction. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP.

P Total Return Swaps—In a total return swap, the buyer receives a periodic return equal to the total return of a specified security, securities or index for a specified period of time. In return, the buyer pays the counterparty a fixed or variable stream of payments, typically based upon short-term interest rates, possibly plus or minus an agreed upon spread. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains and losses. Periodic payments received or made are recorded as realized gains or losses. The Portfolio is exposed to credit loss in the event of nonperformance by the swap counterparty. Risk may also arise from the unanticipated movements in value of exchange rates, interest rates, securities, or the index.

Q Swaptions—A purchased swaption contract grants the Portfolio, in return for payment of the purchase price, the right, but not the obligation, to enter into a new swap agreement or to shorten, extend, cancel or otherwise modify an existing swap agreement, at some designated future time on specified terms. When the Portfolio purchases a swaption, the premium paid to the writer is recorded as an investment and subsequently marked-to-market to reflect the current value of the swaption. A written swaption gives the Portfolio the obligation, if exercised by the purchaser, to enter into a swap contract according to the terms of the underlying agreement. When the Portfolio writes a swaption, the premium received by the Portfolio is recorded as a liability and subsequently marked-to-market to reflect the current value of the swaption. When a swaption is exercised, the cost of the swap is adjusted by the amount of the premium paid or received. When a swaption expires or an unexercised swaption is closed, a gain or loss is recognized in the amount of the premium paid or received, plus the cost to close. The Portfolio's risk for purchased swaptions is limited to the premium paid. The writer of a swaption bears the risk of unfavorable changes in the preset terms of the underlying swap contract. Purchased swaptions traded over-the-counter involve risk that the issuer or counterparty will fail to perform its contractual obligations.

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Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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R When-Issued Securities and Delayed Delivery Transactions—The Portfolio may purchase securities on a delayed delivery, when-issued or forward commitment basis, including TBA (To Be Announced) securities. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. Securities purchased on a delayed delivery, when-issued or forward commitment basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract. A forward purchase commitment may also be closed by entering into an offsetting commitment. If an offsetting commitment is entered into, the Portfolio will realize a gain or loss on investments based on the price established when the Portfolio entered into the commitment.

S Repurchase Agreements—A repurchase agreement is the purchase by the Portfolio of securities from a counterparty in exchange for cash that is coupled with an agreement to resell those securities to the counterparty at a specified date and price. When a repurchase agreement is entered, the Portfolio typically receives securities with a value that equals or exceeds the repurchase price, including any accrued interest earned on the agreement. The value of such securities will be marked-to-market daily, and cash or additional securities will be exchanged between the parties as needed. Except in the case of a repurchase agreement entered to settle a short sale, the value of the securities delivered to the Portfolio will be at least equal to 90% of the repurchase price during the term of the repurchase agreement. The terms of a repurchase agreement entered to settle a short sale may provide that the cash purchase price paid by the Portfolio is more than the value of purchased securities that effectively collateralize the repurchase price payable by the counterparty. In the event of insolvency of the counterparty to a repurchase agreement, recovery of the repurchase price owed to the Portfolio may be delayed. Such an insolvency also may result in a loss to the extent that the value of the purchased securities decreases during the delay or that value has otherwise not been maintained at an amount at least equal to the repurchase price.

T Reverse Repurchase Agreements—Under a reverse repurchase agreement, the Portfolio temporarily transfers possession of a portfolio security to another party, such as a bank or broker/dealer, in return for cash. At the same time, the Portfolio agrees to repurchase the security at an agreed upon time and price, which reflects an interest payment. In periods of increased demand for a security, the Portfolio may receive a payment from the counterparty for the use of the security, which is recorded as interest income. Because the Portfolio retains effective control over the transferred security, the transaction is accounted for as a secured borrowing. The Portfolio may enter into such agreements when it believes it is able to invest the cash acquired at a rate higher than the cost of the agreement, which would increase earned income. When the Portfolio enters into a reverse repurchase agreement, any fluctuations in the market value of either the securities transferred to another party or the securities in which the proceeds may be invested would affect the market value of the Portfolio's assets. Because reverse repurchase agreements may be considered to be the practical equivalent of borrowing funds (and the counterparty making a loan), they constitute a form of leverage. The Portfolio segregates cash or liquid assets equal to its obligation to repurchase the security. During the term of the agreement, the Portfolio may also be obligated to pledge additional cash and/or securities in the event of a decline in the fair value of the transferred security. In the event the counterparty to a reverse repurchase agreement becomes insolvent, recovery of the security transferred by the Portfolio may be delayed or the Portfolio may incur a loss equal to the amount by which the value of the security transferred by the Portfolio exceeds the repurchase price payable by the Portfolio.

U Securities Sold Short—A short sale is a transaction in which the Portfolio sells a security it does not own in anticipation of a decline in the market value of that security. To complete such a transaction, the Portfolio must borrow the security to make delivery to the buyer with an obligation to replace such borrowed security at a later date. Until the security is replaced, the Portfolio is required to repay the lender any dividends or interest, which accrue during the period of the loan. The proceeds received from a short sale are recorded as a liability and the Portfolio records an unrealized gain or loss to the extent of the difference between the proceeds received and the value of the open short position on the day of determination. A gain, limited to the price at which the Portfolio sold the security short, or a loss, potentially unlimited as there is no upward limit on the price of a security, is recorded when the short position is terminated. Interest and dividends payable on securities sold short are recorded as an expense.

V Stripped Mortgage-Backed Securities—The Portfolio may invest in Interest Only (IO) and Principal Only (PO) securities, forms of stripped mortgage-backed securities, whereby the IO security receives all the interest and the PO security receives all the principal on a pool of mortgage assets. The yield to maturity on an IO security is extremely sensitive to the rate of principal payments (including prepayments) on the related underlying mortgage assets, and a rapid rate of principal payments may have a material adverse effect on the yield to maturity from these securities. If the underlying mortgages experience greater than anticipated prepayments of principal, the Portfolio may fail to recoup its initial investment in an IO security. The market value of IO and PO securities can be unusually volatile due to changes in interest rates.

W Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

X Interim Consolidated Financial Statements—The interim consolidated financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the consolidated financial statements.

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Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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2 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Portfolio and the Subsidiary. The Portfolio and Subsidiary each pay BMR a fee computed at an annual rate as a percentage of its respective 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;0.615% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.595% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.575% |
| $1.5 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.555% |
| $2 billion but less than $3 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.520% |
| $3 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.490% |
| $5 billion but less than $10 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.475% |
| $10 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.465% |

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BMR contractually agreed to reduce its investment advisory fee rate on average daily net assets of $5 billion and over from 0.490% to the rates as stated above. This contractual reduction cannot be terminated or reduced without Trustee and shareholder approval. In determining the investment adviser fee for the Portfolio and Subsidiary, the applicable advisory fee rate is based on the average daily net assets of the Portfolio (inclusive of its interest in the Subsidiary). Such fee rate is then assessed separately on the Portfolio's average daily net assets (exclusive of its interest in the Subsidiary) and the Subsidiary's average daily net assets to determine the amount of the investment adviser fee. For the six months ended April 30, 2026, the Portfolio's investment adviser fee amounted to $9,376,571 or 0.55% (annualized) of the Portfolio's consolidated average daily net assets.

The Portfolio 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 fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $398,883 relating to the Portfolio's investment in the Liquidity Fund.

Pursuant to an investment sub-advisory agreement, BMR has delegated a portion of the investment management of the Portfolio to Morgan Stanley Investment Management Limited (MSIM Ltd.), an affiliate of BMR and an indirect, wholly-owned subsidiary of Morgan Stanley. BMR pays MSIM Ltd. a portion of its investment adviser fee for sub-advisory services provided to the Portfolio.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities, paydowns and securities sold short, for the six months ended April 30, 2026 were as follows:

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;&nbsp;**Sales** |
| Investments (non-U.S. Government) | &nbsp;&nbsp;&nbsp;&nbsp;$1364563059 | &nbsp;&nbsp;&nbsp;&nbsp;$1615406979 |
| U.S. Government and Agency Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 806300 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$1364563059** | &nbsp;&nbsp;&nbsp;&nbsp;**$1616213279** |

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[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments of the Portfolio, including open derivative contracts, securities sold short, reverse repurchase agreements and the Portfolio's investment in the Subsidiary at April 30, 2026, as determined on a federal income tax basis, were as follows:

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| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$3561694973** |
| Gross unrealized appreciation | &nbsp;&nbsp;$84479303 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(183028796) |
| **Net unrealized depreciation** | &nbsp;&nbsp;**$(98549493)** |

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5 Restricted Securities

At April 30, 2026, the Portfolio owned the following securities (representing 0.4% of net assets) which were restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Portfolio has various registration rights (exercisable under a variety of circumstances) with respect to these securities. The value of these securities is determined based on valuations provided by brokers when available, or if not available, they are valued at fair value using methods determined in good faith by or at the direction of the Trustees' valuation designee.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Date(s) of<br> Acquisition** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Cost** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| **Insurance Linked Securities** |  |  |  |  |
| Mt. Logan Re Ltd., Series A-1 | &nbsp;&nbsp;&nbsp;&nbsp;12/30/20 | &nbsp;&nbsp;&nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp;$4400000 | &nbsp;&nbsp;&nbsp;&nbsp;$6622091 |
| PartnerRe ILS Fund SAC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1/2/24 | &nbsp;&nbsp;&nbsp;&nbsp;5700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5700000 | &nbsp;&nbsp;&nbsp;&nbsp; 8022750 |
| **Total Restricted Securities** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$10100000** | &nbsp;&nbsp;&nbsp;&nbsp;**$14644841** |

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6 Financial Instruments

The Portfolio 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, swaptions, forward foreign currency exchange contracts, futures style options, futures contracts and swap contracts 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 Portfolio 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 April 30, 2026 is included in the Consolidated Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:

Commodity Risk: The Portfolio invested in commodities-linked derivative instruments, including futures style options, futures contracts and options thereon that provide exposure to the investment returns of certain commodities. Commodities-linked derivative instruments are used to enhance total return and/or as a substitute for the purchase or sale of commodities and to manage certain investment risks.

Credit Risk: The Portfolio entered into credit default swap contracts to manage certain investment risks and/or to enhance total return or as a substitute for the purchase or sale of securities.

Equity Price Risk: The Portfolio entered into equity index futures contracts and options thereon and total return swaps to enhance total return and/or to manage certain investment risks.

Foreign Exchange Risk: The Portfolio engaged in forward foreign currency exchange contracts and currency options to enhance total return, to seek to hedge against fluctuations in currency exchange rates and/or as a substitute for the purchase or sale of securities or currencies.

Interest Rate Risk: The Portfolio utilized various interest rate derivatives including interest rate futures contracts and options thereon, interest rate swaps and swaptions and total return swaps to enhance total return, to seek to hedge against fluctuations in interest rates and/or to change the effective duration of its portfolio.

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Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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The Portfolio enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio's net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $46,216,879. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $22,803,251 at April 30, 2026.

The OTC derivatives in which the Portfolio invests (except for written options as the Portfolio, not the counterparty, is obligated to perform) are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio (and Subsidiary) has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio (and Subsidiary) may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio's net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio (and Subsidiary) and/or counterparty is held in segregated accounts by the Portfolio's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Consolidated Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Consolidated Portfolio of Investments. The carrying amount of the liability for cash collateral due to brokers at April 30, 2026 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 10) at April 30, 2026. Because the Subsidiary is not registered under the 1940 Act, it may not be able to negotiate terms with its counterparties that are equivalent to those a registered portfolio may negotiate. As a result, the Subsidiary may have greater exposure to those counterparties than a registered portfolio.

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[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Consolidated Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Commodity** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Equity<br> Price** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Unaffiliated investments, at value | &nbsp;&nbsp;$2886567 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$224534 | &nbsp;&nbsp;$1975025 | &nbsp;&nbsp;$553510 | &nbsp;&nbsp;$5639636 |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1246029<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10706708<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10833713<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4592682<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27379132 |
| Receivable for open forward foreign currency exchange contracts | &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;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47031272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47031272 |
| Receivable/Payable for open OTC swap contracts; Upfront payments/receipts on open OTC swap contracts | &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;266001 | &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;241896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507897 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$4132596** | &nbsp;&nbsp;**$10972709** | &nbsp;&nbsp;**$224534** | &nbsp;&nbsp;**$59840010** | &nbsp;&nbsp;**$5388088** | &nbsp;&nbsp;**$80557937** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$4132596** | &nbsp;&nbsp;**$10706708** | &nbsp;&nbsp;**$224534** | &nbsp;&nbsp;**$10833713** | &nbsp;&nbsp;**$4592682** | &nbsp;&nbsp;**$30490233** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$266001** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$49006297** | &nbsp;&nbsp;**$795406** | &nbsp;&nbsp;**$50067704** |
| Written options outstanding, at value | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(490909) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(490909) |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;(3380999)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(20494235)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(5012185)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(15583541)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(7673477)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(52144437) |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(44064508) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(44064508) |
| Payable/Receivable for open OTC swap contracts; Upfront payments/receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1661462) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1661462) |
| **Total Liability Derivatives** | &nbsp;&nbsp;**$(3380999)** | &nbsp;&nbsp;**$(22155697)** | &nbsp;&nbsp;**$(5012185)** | &nbsp;&nbsp;**$(60138958)** | &nbsp;&nbsp;**$(7673477)** | &nbsp;&nbsp;**$(98361316)** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$(3380999)** | &nbsp;&nbsp;**$(20494235)** | &nbsp;&nbsp;**$(5012185)** | &nbsp;&nbsp;**$(15583541)** | &nbsp;&nbsp;**$(7673477)** | &nbsp;&nbsp;**$(52144437)** |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(1661462)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(44555417)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(46216879)** |

---

<sup>(1)</sup> Only the current day's variation margin on open futures contracts, futures style options and centrally cleared derivatives is reported within the Consolidated Statement of Assets and Liabilities as Receivable or Payable for variation margin on open futures contracts, futures style options and centrally cleared derivatives, as applicable.

The Portfolio's derivative assets and liabilities at fair value by risk, which are reported gross in the Consolidated Statement of Assets and Liabilities, are presented in the table above. The following tables present the Portfolio's derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Portfolio (and Subsidiary) for such assets and pledged by the Portfolio (and Subsidiary) for such liabilities as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$4773695 | &nbsp;&nbsp;&nbsp;$(3737804) | &nbsp;&nbsp;&nbsp;$(1035891) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4409070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4409070) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14964) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |

---

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;$2664919 | &nbsp;&nbsp;&nbsp;$(2664919) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;18169754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3569310) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(14110000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490444 |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1822698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1822698) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(699823) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2097878 | &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;(1780000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317878 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;10207909 | &nbsp;&nbsp;&nbsp;&nbsp;(10207909) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(712793) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4214530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3027701) | &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;1186829 |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(66968) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(212703) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp;**$50067704** | &nbsp;&nbsp;&nbsp;**$(31146662)** | &nbsp;&nbsp;&nbsp;**$(1035891)** | &nbsp;&nbsp;&nbsp;**$(15890000)** | &nbsp;&nbsp;&nbsp;**$1995151** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$(3737804) | &nbsp;&nbsp;&nbsp;$3737804 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6504074) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4409070 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1234690 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(860314) |
| BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1573374) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1502057 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56353) |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3072829) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2664919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;407910 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3569310) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3569310 | &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; — |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5003461) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1822698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3180763 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(728918) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29095 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;(15787046) | &nbsp;&nbsp;&nbsp;&nbsp;10207909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4884808 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(694329) |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1352199) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639406 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3027701) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3027701 | &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; — |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1184186) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66968 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873870 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(243348) |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(675977) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463274 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp;**$(46216879)** | &nbsp;&nbsp;&nbsp;**$31146662** | &nbsp;&nbsp;&nbsp;**$13215873** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$(1854344)** |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

Information with respect to reverse repurchase agreements at April 30, 2026 is included at Note 8.

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Consolidated Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Consolidated Statement of Operations Caption** | &nbsp;&nbsp;**Commodity** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Equity<br> Price** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investment transactions<sup>(1)</sup> | &nbsp;&nbsp;$(33026) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(2608564) | &nbsp;&nbsp;$(439877) | &nbsp;&nbsp;$(28781) | &nbsp;&nbsp;$(3110248) |
| &nbsp;&nbsp;&nbsp;Written options | &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;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1216298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1216298 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1618609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(551748) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(485432) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581429 |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;(1558908) | &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;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1558908) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(4107782) | &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;4469603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361821 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &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;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5224108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5224108 |
| **Total** | &nbsp;&nbsp;**$26675** | &nbsp;&nbsp;**$(4107782)** | &nbsp;&nbsp;**$(3160312)** | &nbsp;&nbsp;**$6000529** | &nbsp;&nbsp;**$3955390** | &nbsp;&nbsp;**$2714500** |
| Change in unrealized appreciation (depreciation): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments<sup>(1)</sup> | &nbsp;&nbsp;$(1333058) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$140030 | &nbsp;&nbsp;$(139612) | &nbsp;&nbsp;$218628 | &nbsp;&nbsp;$(1114012) |
| &nbsp;&nbsp;&nbsp;Written options | &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;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254110 | &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;254110 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1603051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(4530069) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(437678) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3364696) |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;(2364927) | &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;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2364927) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(5077938) | &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;(893308) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5971246) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &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;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(8734151) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8734151) |
| **Total** | &nbsp;&nbsp;**$(2094934)** | &nbsp;&nbsp;**$(5077938)** | &nbsp;&nbsp;**$(4390039)** | &nbsp;&nbsp;**$(8619653)** | &nbsp;&nbsp;**$(1112358)** | &nbsp;&nbsp;**$(21294922)** |

---

<sup>(1)</sup> Relates to purchased options and swaptions.

The average notional cost of futures contracts and average notional amounts of other derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures<br> Contracts — Long** | &nbsp;&nbsp;&nbsp;&nbsp;**Futures<br> Contracts — Short** | &nbsp;&nbsp;&nbsp;&nbsp;**Forward<br> Foreign Currency<br> Exchange Contracts<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Purchased<br> Swaptions** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $128783000 | &nbsp;&nbsp;&nbsp;&nbsp;$293277000 | &nbsp;&nbsp;&nbsp;&nbsp;$3326048000 | &nbsp;&nbsp;&nbsp;&nbsp;$48352000 | &nbsp;&nbsp;&nbsp;&nbsp;$2599258000 |

---

<sup>1</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

The average principal amount of purchased and written currency options contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately $567,290,000 and $104,458,000, respectively. The average number of purchased and written options contracts, including futures style options, outstanding during the six months ended April 30, 2026, which is indicative of the volume of this derivative type, was 3,349 and 164, respectively.

7 Line of Credit

The Portfolio participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Portfolio solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Portfolio based on its borrowings generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Portfolio, it may be unable to borrow some or all of its requested amounts at any particular time. The Portfolio did not have any significant borrowings or allocated fees during the six months ended April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

8 Reverse Repurchase Agreements

Reverse repurchase agreements outstanding as of April 30, 2026 were as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Trade<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest<br> Rate Paid<br> (Received)** |  | **Principal<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value<br> Including<br> Accrued<br> Interest** |
| Australia & New Zealand Banking Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3/20/26 &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2.45% | &nbsp;&nbsp;&nbsp;&nbsp;NZD | 1305661 | &nbsp;&nbsp;&nbsp;&nbsp;$773286 |
| **Total** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$773286** |

---

<sup>(1)</sup> Open reverse repurchase agreement with no specific maturity date. Either party may terminate the agreement upon demand.

At April 30, 2026, the type of securities pledged as collateral for all open reverse repurchase agreements was Sovereign Government Bonds.

For the six months ended April 30, 2026, the average borrowings under settled reverse repurchase agreements and the average annual interest rate paid were approximately $768,000 and 2.50%, respectively. Based on the short-term nature of the borrowings under the reverse repurchase agreements, the carrying value of the payable for reverse repurchase agreements approximated its fair value at April 30, 2026. If measured at fair value, borrowings under the reverse repurchase agreements would have been considered as Level 2 in the fair value hierarchy (see Note 10) at April 30, 2026.

Reverse repurchase agreements entered into by the Portfolio are subject to Master Repurchase Agreements (MRA), which permit the Portfolio, under certain circumstances, including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from the Portfolio.

The following tables present the Portfolio's repurchase and reverse repurchase agreements net of amounts available for offset under an MRA and net of the related collateral pledged by the Portfolio as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Repurchase<br> Agreements** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities<br> Available for<br> Offset** | &nbsp;&nbsp;&nbsp;&nbsp;**Securities<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Net<br> Amount<sup>(b)</sup>** |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;$61707010 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(58458900) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$3248110 |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1806750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1604468) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202282 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15684254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15572371) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111883 |
| Merrill Lynch International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13400835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13104770) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296065 |
| Nomura International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172957660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(162302084) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10655576 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$265556509** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(251042593)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$14513916** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Reverse<br> Repurchase<br> Agreements\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Assets<br> Available for<br> Offset** | &nbsp;&nbsp;&nbsp;&nbsp;**Securities<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Net<br> Amount<sup>(c)</sup>** |
| Australia & New Zealand Banking Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;$(773286) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$773286 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$(773286)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$773286** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** |

---

\* Including accrued interest.

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount receivable from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

9 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $804,068,570, which represents 21.2% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $456966755 | $1632145640 | $(1285043825) | $— | $— | $804068570 | $10262990 | 804068570 |

---

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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Collateralized Mortgage Obligations | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$27412397 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$27412397 |
| Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 21147449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 187,996,404\*\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 209143853 |
| Convertible Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1075745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1075745 |
| Credit Linked Notes | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2609108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2609108 |
| Foreign Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 205510254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 205510254 |
| Insurance Linked Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45025651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45025651 |
| Loan Participation Notes | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5258038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5258038 |
| Senior Floating-Rate Loans (Less Unfunded Loan Commitments) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15416707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15416707 |
| Sovereign Government Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1216572366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1216572366 |
| Sovereign Loans | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36098359 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36098359 |
| U.S. Government Agency Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2852625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2852625 |
| U.S. Government Guaranteed Small Business Administration Loans | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2373958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2373958 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp;804068570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 804068570 |
| &nbsp;&nbsp;&nbsp;Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 265556509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 265556509 |
| &nbsp;&nbsp;&nbsp;Sovereign Government Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 192152945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 192152945 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 740393173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 740393173 |
| Purchased Currency Options | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1975025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1975025 |
| Purchased Interest Rate Swaptions | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 553510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 553510 |
| Purchased Call Options | &nbsp;&nbsp;&nbsp;&nbsp; 1494727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1494727 |

---

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

Global Macro Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description (continued)** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Purchased Put Options | &nbsp;&nbsp;$1558090 | &nbsp;&nbsp;&nbsp;&nbsp;$58284 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1616374 |
| **Total Investments** | &nbsp;&nbsp;**$828268836** | &nbsp;&nbsp;&nbsp;&nbsp;**$2898607369** | &nbsp;&nbsp;&nbsp;&nbsp;**$50283689** | &nbsp;&nbsp;&nbsp;&nbsp;**$3777159894** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$57864985 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$57864985 |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; 2878732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2878732 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14174584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14174584 |
| **Total** | &nbsp;&nbsp;**$831147568** | &nbsp;&nbsp;&nbsp;&nbsp;**$2970646938** | &nbsp;&nbsp;&nbsp;&nbsp;**$50283689** | &nbsp;&nbsp;&nbsp;&nbsp;**$3852078195** |
| **Liability Description** |  |  |  |  |
| Securities Sold Short | &nbsp;&nbsp;$(86877856) | &nbsp;&nbsp;&nbsp;&nbsp;$(206108309) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(292986165) |
| Written Currency Options | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (490909) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (490909) |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (59648049) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (59648049) |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8160430) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (208227) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8368657) |
| Purchased Call Futures Style Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2364927) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2364927) |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27488774) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (27488774) |
| **Total** | &nbsp;&nbsp;**$(97403213)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(293944268)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(391347481)** |

---

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

\*\* 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 six months ended April 30, 2026 is not presented.

11 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, and by acts of terrorism and war. 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 Portfolio 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.

Economic data as reported by sovereign entities may be delayed, inaccurate or fraudulent. In the event of a default by a sovereign entity, there are typically no assets to be seized or cash flows to be attached. Furthermore, the willingness or ability of a sovereign entity to restructure defaulted debt may be limited. Therefore, losses on sovereign defaults may far exceed the losses from the default of a similarly rated U.S. debt issuer.

------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

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------

[**Table of Contents**](#JOB_EV_AR_323638f4-0101-47fe-999f-5c6557a98dd3_TOC)

EAGMX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Strategic Income Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img33e1635e1.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Strategic Income Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_d791fed3-8f96-46b3-bfb7-fd25d3318ce0_1)** |  |
| [Items 6 and 7 of Form N-CSR:](#xx_4a45b3e5-724d-4bba-8aee-5a7ad69483c9_1) | [Items 6 and 7 of Form N-CSR:](#xx_4a45b3e5-724d-4bba-8aee-5a7ad69483c9_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_4a45b3e5-724d-4bba-8aee-5a7ad69483c9_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_4757dcaf-44e9-455b-b6a3-53474a14034d_1) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_4757dcaf-44e9-455b-b6a3-53474a14034d_2) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_4757dcaf-44e9-455b-b6a3-53474a14034d_4) | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_140e34c0-728a-4380-80d0-687b1ae8e9a3_1) | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_3ec7946a-c331-46ea-a549-a6e7b512e9c7_1) | 10 |
| [Global Opportunities Portfolio](#xx_e757437a-2333-4378-ab8a-da7928c1a191_1) | [Global Opportunities Portfolio](#xx_e757437a-2333-4378-ab8a-da7928c1a191_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_e757437a-2333-4378-ab8a-da7928c1a191_1) | [Items 6 and 7 of Form N-CSR:](#xx_e757437a-2333-4378-ab8a-da7928c1a191_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_e757437a-2333-4378-ab8a-da7928c1a191_1) | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_4a1fad1d-cb10-46cd-a106-a70e43f07f80_1) | 54 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Portfolio of Investments (Unaudited)

------

Investments in Affiliated Portfolios (the Portfolios)

---

| | | |
|:---|:---|:---|
| **Description** | **Value** | &nbsp;&nbsp;**% of Net<br> Assets** |
| Emerging Markets Local Income Portfolio |  |  |
| &nbsp;&nbsp;&nbsp;(identified cost $120,412,782) | $140105075 | &nbsp;&nbsp;&nbsp;&nbsp;0.8% |
| Global Macro Absolute Return Advantage Portfolio |  |  |
| &nbsp;&nbsp;&nbsp;(identified cost $2,017,092,557) | &nbsp;&nbsp;&nbsp;&nbsp;2234546771 | &nbsp;&nbsp;&nbsp;12.6 |
| Global Opportunities Portfolio |  |  |
| &nbsp;&nbsp;&nbsp;(identified cost $13,373,640,077) | &nbsp;&nbsp;13439335320 | &nbsp;&nbsp;&nbsp;75.7 |
| High Income Opportunities Portfolio |  |  |
| &nbsp;&nbsp;&nbsp;(identified cost $823,789,182) | &nbsp;&nbsp; 825452500 | &nbsp;&nbsp;&nbsp;&nbsp;4.7 |
| International Income Portfolio |  |  |
| &nbsp;&nbsp;&nbsp;(identified cost $182,720,335) | &nbsp;&nbsp; 185149832 | &nbsp;&nbsp;&nbsp;&nbsp;1.0 |
| Senior Debt Portfolio |  |  |
| &nbsp;&nbsp;&nbsp;(identified cost $520,328,156) | &nbsp;&nbsp; 530617514 | &nbsp;&nbsp;&nbsp;&nbsp;3.0 |
| Total Investments in Affiliated Portfolios<br> (identified cost $17,037,983,089) | **$17355207012** | &nbsp;&nbsp;**97.8%** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Investments in Affiliated Investment Funds

---

| | | | |
|:---|:---|:---|:---|
| **Security** | **Shares** | **Value** | &nbsp;&nbsp;**% of Net<br> Assets** |
| **Fixed Income Funds** |  |  |  |
| Eaton Vance Emerging Markets Debt Opportunities Fund, Class R6 | 42755801 | $364706980 | &nbsp;&nbsp;&nbsp;&nbsp;2.0% |
| Total Investments in Affiliated Investment Funds<br> (identified cost $346,129,545) |  | **$364706980** | &nbsp;&nbsp;&nbsp;&nbsp;**2.0%** |
| Total Investments<br> (identified cost $17,384,112,634) |  | **$17719913992** | &nbsp;&nbsp;&nbsp;&nbsp;**99.8%** |
| Other Assets, Less Liabilities |  | **$30475276** | &nbsp;&nbsp;&nbsp;&nbsp;**0.2%** |
| Net Assets |  | **$17750389268** | &nbsp;&nbsp;**100.0%** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Affiliated investments, at value (identified cost, $17,384,112,634) | &nbsp;&nbsp;$17719913992 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5758 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43993956 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11917 |
| **Total assets** | &nbsp;&nbsp;**$17763925623** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$11699890 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628069 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62901 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &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;42 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11917 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1133536 |
| **Total liabilities** | &nbsp;&nbsp;**$13536355** |
| **Net Assets** | &nbsp;&nbsp;**$17750389268** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$17776068255 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25678987) |
| **Net Assets** | &nbsp;&nbsp;**$17750389268** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$1167751558 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170330552 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$6.86 |
| **Maximum Offering Price Per Share <br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$7.09 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$468068546 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72434107 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$6.46 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$16087360668 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2350923665 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$6.84 |
| Class R Shares |  |
| **Net Assets** | &nbsp;&nbsp;$27208496 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3961572 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$6.87 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividends allocated from Portfolios (net of foreign taxes withheld of $401,225) | &nbsp;&nbsp;$25242456 |
| Dividend income from Affiliated Investment Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35448094 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32877 |
| Interest income allocated from Portfolios (net of foreign taxes withheld of $3,474,281) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510323509 |
| Other income allocated from Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3621974 |
| Expenses, excluding interest and dividend expense and fees, allocated from Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48024461) |
| Interest and dividend expense and fees allocated from Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13066100) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764823 |
| **Total investment income** | &nbsp;&nbsp;**$514343172** |
| Expenses |  |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$1327345 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2048600 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59490 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37728 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3637823 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374492 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904872 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441408 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3693 |
| **Total expenses** | &nbsp;&nbsp;**$8835701** |
| **Net investment income** | &nbsp;&nbsp;**$505507471** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions - Affiliated Investment Funds | &nbsp;&nbsp;$11065019 |
| Net realized gain (loss) allocated from Portfolios: |  |
| &nbsp;&nbsp;&nbsp;Investment transactions (net of foreign capital gains taxes of $50,467) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159890413 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1752532 |
| &nbsp;&nbsp;&nbsp;Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112303 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12032400 |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1801131) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30363479 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4556518) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27264032) |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2238121) |
| **Net realized gain** | &nbsp;&nbsp;**$179356344** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments — Affiliated Investment Funds | &nbsp;&nbsp;$670299 |
| Change in unrealized appreciation (depreciation) allocated from Portfolios: |  |
| &nbsp;&nbsp;&nbsp;Investments (including net increase in accrued foreign capital gains taxes of $879,684) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61537388) |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285384 |
| &nbsp;&nbsp;&nbsp;Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7202797 |
| &nbsp;&nbsp;&nbsp;TBA sale commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1595891) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57590513) |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2912314) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30047933) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781555 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254130 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(410579) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(144900453)** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$34455891** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Statement of Operations (Unaudited) — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Realized and Unrealized Gain (Loss) |  |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$539963362** |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$505507471 | &nbsp;&nbsp;$636426060 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179356344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(67056735) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(144900453) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521336128 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$539963362** | &nbsp;&nbsp;**$1090705453** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(39636326) | &nbsp;&nbsp;$(56333781) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13722504) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15588166) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(544939912) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(620357678) |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(854098) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(931174) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(599152840)** | &nbsp;&nbsp;**$(693210799)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$214367429 | &nbsp;&nbsp;$179163130 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122886781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144860440 |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3984786456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5862968251 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6595360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11076290 |
| **Net increase in net assets from Fund share transactions** | &nbsp;&nbsp;**$4328636026** | &nbsp;&nbsp;**$6198068111** |
| **Net increase in net assets** | &nbsp;&nbsp;**$4269446548** | &nbsp;&nbsp;**$6595562765** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$13480942720 | &nbsp;&nbsp;$6885379955 |
| **At end of period** | &nbsp;&nbsp;**$17750389268** | &nbsp;&nbsp;**$13480942720** |

---

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$6.86 | &nbsp;&nbsp;$6.59 | &nbsp;&nbsp;$6.35 | &nbsp;&nbsp;$6.48 | &nbsp;&nbsp;$7.18 | &nbsp;&nbsp;$7.18 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$0.43 | &nbsp;&nbsp;$0.40 | &nbsp;&nbsp;$0.38 | &nbsp;&nbsp;$0.30 | &nbsp;&nbsp;$0.30 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01<sup>(2)</sup> |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.25** | &nbsp;&nbsp;**$0.73** | &nbsp;&nbsp;**$0.70** | &nbsp;&nbsp;**$0.33** | &nbsp;&nbsp;**$(0.36)** | &nbsp;&nbsp;**$0.31** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$(0.46) | &nbsp;&nbsp;$(0.41) | &nbsp;&nbsp;$(0.38) | &nbsp;&nbsp;$(0.32) | &nbsp;&nbsp;$(0.28) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(3)</sup> |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) |
| **Total distributions** | &nbsp;&nbsp;**$(0.25)** | &nbsp;&nbsp;**$(0.46)** | &nbsp;&nbsp;**$(0.46)** | &nbsp;&nbsp;**$(0.46)** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$(0.31)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$6.86** | &nbsp;&nbsp;**$6.86** | &nbsp;&nbsp;**$6.59** | &nbsp;&nbsp;**$6.35** | &nbsp;&nbsp;**$6.48** | &nbsp;&nbsp;**$7.18** |
| **Total Return<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.73%<sup>(5)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.46%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.26%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.11%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.99)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.01%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$1167752 | &nbsp;&nbsp;$956499 | &nbsp;&nbsp;$744264 | &nbsp;&nbsp;$650558 | &nbsp;&nbsp;$617011 | &nbsp;&nbsp;$697690 |
| Ratios (as a percentage of average daily net assets):<sup>(6)(7)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.46% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10%<sup>(9)(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.46%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.33%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.03% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.74% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.08% |
| Portfolio Turnover of the Fund<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13%<sup>(5)</sup> | &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;12% | &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;14% |

---

<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> Amount is less than $(0.005).

<sup>(4)</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>(5)</sup> Not annualized.

<sup>(6)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(7)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(8)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.17%, 0.51%, 0.44%, 0.20%, 0.06% and 0.06% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(9)</sup> Annualized.

<sup>(10)</sup> Includes a reduction by the investment adviser of a portion of the Portfolios' adviser fee due to the Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.01%, less than 0.005%, less than 0.01%, 0.02% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(11)</sup> Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund, if any.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$6.47 | &nbsp;&nbsp;$6.21 | &nbsp;&nbsp;$5.98 | &nbsp;&nbsp;$6.10 | &nbsp;&nbsp;$6.76 | &nbsp;&nbsp;$6.77 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.18 | &nbsp;&nbsp;$0.36 | &nbsp;&nbsp;$0.33 | &nbsp;&nbsp;$0.31 | &nbsp;&nbsp;$0.24 | &nbsp;&nbsp;$0.23 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.63) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(2)</sup> |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.20** | &nbsp;&nbsp;**$0.65** | &nbsp;&nbsp;**$0.62** | &nbsp;&nbsp;**$0.27** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$0.23** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.21) | &nbsp;&nbsp;$(0.39) | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.32) | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$(0.21) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(2)</sup> |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) |
| **Total distributions** | &nbsp;&nbsp;**$(0.21)** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.24)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$6.46** | &nbsp;&nbsp;**$6.47** | &nbsp;&nbsp;**$6.21** | &nbsp;&nbsp;**$5.98** | &nbsp;&nbsp;**$6.10** | &nbsp;&nbsp;**$6.76** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.16%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.72%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.50%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.36%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.85)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.36%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$468069 | &nbsp;&nbsp;$346593 | &nbsp;&nbsp;$191391 | &nbsp;&nbsp;$108638 | &nbsp;&nbsp;$126342 | &nbsp;&nbsp;$160918 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.18%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.58%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.99% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.63% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.35% |
| Portfolio Turnover of the Fund<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13%<sup>(4)</sup> | &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;12% | &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;14% |

---

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

<sup>(2)</sup> Amount is less than $(0.005).

<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> Not annualized.

<sup>(5)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(6)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(7)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.17%, 0.51%, 0.44%, 0.20%, 0.06% and 0.06% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(8)</sup> Annualized.

<sup>(9)</sup> Includes a reduction by the investment adviser of a portion of the Portfolios' adviser fee due to the Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.01%, less than 0.005%, less than 0.01%, 0.02% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(10)</sup> Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund, if any.

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$6.85 | &nbsp;&nbsp;$6.58 | &nbsp;&nbsp;$6.34 | &nbsp;&nbsp;$6.47 | &nbsp;&nbsp;$7.16 | &nbsp;&nbsp;$7.17 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$0.45 | &nbsp;&nbsp;$0.42 | &nbsp;&nbsp;$0.39 | &nbsp;&nbsp;$0.32 | &nbsp;&nbsp;$0.31 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00<sup>(2)(3)</sup> |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.25** | &nbsp;&nbsp;**$0.75** | &nbsp;&nbsp;**$0.72** | &nbsp;&nbsp;**$0.35** | &nbsp;&nbsp;**$(0.33)** | &nbsp;&nbsp;**$0.31** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(0.43) | &nbsp;&nbsp;$(0.39) | &nbsp;&nbsp;$(0.33) | &nbsp;&nbsp;$(0.29) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(2)</sup> |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.09) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) |
| **Total distributions** | &nbsp;&nbsp;**$(0.26)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.36)** | &nbsp;&nbsp;**$(0.32)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$6.84** | &nbsp;&nbsp;**$6.85** | &nbsp;&nbsp;**$6.58** | &nbsp;&nbsp;**$6.34** | &nbsp;&nbsp;**$6.47** | &nbsp;&nbsp;**$7.16** |
| **Total Return<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.74%<sup>(5)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.75%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.55%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.37%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.77)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.27%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$16087361 | &nbsp;&nbsp;$12157169 | &nbsp;&nbsp;$5940720 | &nbsp;&nbsp;$3315739 | &nbsp;&nbsp;$2290663 | &nbsp;&nbsp;$2075516 |
| Ratios (as a percentage of average daily net assets):<sup>(6)(7)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;1.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85%<sup>(9)(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.57%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.98% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.30% |
| Portfolio Turnover of the Fund<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;12% | &nbsp;&nbsp;&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;&nbsp;&nbsp;22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% |

---

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

<sup>(2)</sup> Amount is less than $0.005 or $(0.005), as applicable.

<sup>(3)</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>(4)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(5)</sup> Not annualized.

<sup>(6)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(7)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(8)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.17%, 0.51%, 0.44%, 0.20%, 0.06% and 0.06% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(9)</sup> Annualized.

<sup>(10)</sup> Includes a reduction by the investment adviser of a portion of the Portfolios' adviser fee due to the Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.01%, less than 0.005%, less than 0.01%, 0.02% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(11)</sup> Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund, if any.

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

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;**Class R** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$6.87 | &nbsp;&nbsp;$6.60 | &nbsp;&nbsp;$6.36 | &nbsp;&nbsp;$6.49 | &nbsp;&nbsp;$7.19 | &nbsp;&nbsp;$7.20 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.21 | &nbsp;&nbsp;$0.41 | &nbsp;&nbsp;$0.39 | &nbsp;&nbsp;$0.36 | &nbsp;&nbsp;$0.28 | &nbsp;&nbsp;$0.26 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02<sup>(2)</sup> |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.24** | &nbsp;&nbsp;**$0.71** | &nbsp;&nbsp;**$0.68** | &nbsp;&nbsp;**$0.32** | &nbsp;&nbsp;**$(0.38)** | &nbsp;&nbsp;**$0.28** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.24) | &nbsp;&nbsp;$(0.44) | &nbsp;&nbsp;$(0.39) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.30) | &nbsp;&nbsp;$(0.26) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(3)</sup> |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;(0.03) |
| **Total distributions** | &nbsp;&nbsp;**$(0.24)** | &nbsp;&nbsp;**$(0.44)** | &nbsp;&nbsp;**$(0.44)** | &nbsp;&nbsp;**$(0.45)** | &nbsp;&nbsp;**$(0.32)** | &nbsp;&nbsp;**$(0.29)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$6.87** | &nbsp;&nbsp;**$6.87** | &nbsp;&nbsp;**$6.60** | &nbsp;&nbsp;**$6.36** | &nbsp;&nbsp;**$6.49** | &nbsp;&nbsp;**$7.19** |
| **Total Return<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.57%<sup>(5)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.17%** | &nbsp;&nbsp;&nbsp;&nbsp;**10.98%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.85%** | &nbsp;&nbsp;&nbsp;&nbsp;**(5.21)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.75%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$27208 | &nbsp;&nbsp;$20681 | &nbsp;&nbsp;$9004 | &nbsp;&nbsp;$2678 | &nbsp;&nbsp;$2254 | &nbsp;&nbsp;$2720 |
| Ratios (as a percentage of average daily net assets):<sup>(6)(7)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.36%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.47% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.32% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.33% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35%<sup>(9)(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.69%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.32%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.33% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.08%<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.15% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.85% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.48% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.12% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.57% |
| Portfolio Turnover of the Fund<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13%<sup>(5)</sup> | &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;12% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% |

---

<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> Amount is less than $(0.005).

<sup>(4)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(5)</sup> Not annualized.

<sup>(6)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(7)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(8)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.17%, 0.51%, 0.44%, 0.20%, 0.06% and 0.06% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(9)</sup> Annualized.

<sup>(10)</sup> Includes a reduction by the investment adviser of a portion of the Portfolios' adviser fee due to the Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.01%, less than 0.005%, less than 0.01%, 0.02% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(11)</sup> Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund, if any.

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Strategic Income 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 offers four classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 6). 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 and Class R 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. Each class of shares differs in its distribution plan and certain other class-specific expenses. The Fund's investment objective is total return. The Fund currently pursues its objective by investing in interests in six portfolios (the Portfolios) managed by Boston Management and Research (BMR), an affiliate of Eaton Vance Management (EVM), which are Massachusetts business trusts, and in shares of Eaton Vance Emerging Markets Debt Opportunities Fund, a series of Eaton Vance Series Fund, Inc., a Maryland corporation (the Affiliated Investment Fund). The value of the Fund's investments in the Portfolios reflects the Fund's proportionate interest in each Portfolio's net assets. The Portfolios and the Fund's proportionate interest in each of their net assets at April 30, 2026 were as follows: Emerging Markets Local Income Portfolio (7.6%), Global Macro Absolute Return Advantage Portfolio (31.0%), Global Opportunities Portfolio (100%), High Income Opportunities Portfolio (42.1%), International Income Portfolio (76.0%) and Senior Debt Portfolio (11.4%). The performance of the Fund is directly affected by the performance of the Portfolios and the Affiliated Investment Fund. The financial statements of Global Opportunities Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements. A copy of each other Portfolio's financial statements and the Affiliated Investment Fund's financial statements are available by calling Eaton Vance at 1-800-262-1122 or in the EDGAR database on the Securities and Exchange Commission's website at www.sec.gov.

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— Valuation of securities by Global Opportunities Portfolio is discussed in Note 1A of such Portfolio's Notes to Consolidated Financial Statements, which are included elsewhere in this report. Such policies are consistent with those of the other Portfolios in which the Fund invests.

Additional valuation policies for the other Portfolios are as follows:

**Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Senior Loans, for which a valuation is not available or deemed unreliable, are fair valued by the investment adviser utilizing one or more of the valuation techniques described below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan. If the investment adviser believes that there is a reasonable likelihood of full repayment, the investment adviser will determine fair value using a matrix pricing approach that considers the yield on the Senior Loan relative to yields on other Senior Loans issued by companies of comparable credit quality. If the investment adviser believes there is not a reasonable likelihood of full repayment, the investment adviser will determine fair value using analyses that include, but are not limited to: (i) a comparison of the value of the borrower's outstanding equity and debt to that of comparable public companies; (ii) a discounted cash flow analysis; or (iii) when the investment adviser believes it is likely that a borrower will be liquidated or sold, an analysis of the terms of such liquidation or sale. In certain cases, the investment adviser will use a combination of analytical methods to determine fair value, such as when only a portion of a borrower's assets are likely to be sold. In conducting its assessment and analyses for purposes of determining fair value of a Senior Loan, the investment adviser will use its discretion and judgment in considering and appraising relevant factors. Junior Loans (i.e., subordinated loans and second lien loans) are valued in the same manner as Senior Loans.**

**Derivatives. Futures style options are valued at the closing settlement price established by the board of trade or exchange on which they are traded. Non-deliverable bond forward contracts are generally valued based on the current price of the underlying bond as provided by a third party pricing service and current interest rates.**

**Other. Exchange-traded funds are valued at the official closing price as reported by an independent pricing service on the primary market or exchange on which they are traded.**

The Fund's investment in the Affiliated Investment Fund is valued at the closing net asset value per share.

B Income—The Fund's net investment income or loss includes the Fund's pro rata share of the net investment income or loss of the Portfolios, less all actual and accrued expenses of the Fund. Dividend income on investments in the Affiliated Investment Fund is recorded on the ex-dividend date for dividends received in cash and/or securities. Distributions from the Affiliated Investment Fund are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

C 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.

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

In addition to the requirements of the Internal Revenue Code, the Fund may also be required to recognize its pro rata share of the capital gains taxes incurred by the Portfolios. In doing so, the daily net asset value would reflect the Fund's pro rata share of the estimated reserve for such taxes incurred by the Portfolios.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis. Realized gains and losses on investments sold are determined on the basis of identified cost.

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

The Fund expects to pay any required income distributions monthly and intends to distribute annually all or substantially all of its net realized capital gains. The Fund may include in its distributions amounts attributable to the imputed interest on foreign currency exposures and certain other derivative positions which, in certain circumstances, may result in a return of capital for federal income tax purposes. 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. For the six months ended April 30, 2026, management estimates that a portion of distributions for the period will be a tax return of capital. The final determination of tax characteristics of the Fund's distributions will occur at the end of the year and will be reported to the shareholders.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $168,938,815 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 October 31, 2025, $16,941,037 are short-term and $151,997,778 are long-term. Utilization of these deferred capital losses may be limited in accordance with certain income tax regulations.

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The cost and unrealized appreciation (depreciation) of investments of the Fund, including the Portfolios, at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$17718099374** |
| Gross unrealized appreciation | &nbsp;&nbsp;$1814618 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$1814618** |

---

3 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by EVM, an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Fund. The investment adviser fee is computed at an annual rate as a percentage of the Fund's average daily net assets that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser or administrator as follows and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;0.615% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.595% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.575% |
| $1.5 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.555% |
| $2 billion but less than $3 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.520% |
| $3 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.490% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. To the extent the Fund's assets are invested in the Portfolios, the Fund is allocated its share of the Portfolios' investment adviser fees. The Portfolios have engaged BMR to render investment advisory services. For the six months ended April 30, 2026, the Fund's allocated portion of the investment adviser fees paid by the Portfolios totaled $43,131,695 or 0.56% (annualized) of the Fund's average daily net assets. EVM also serves as the administrator of the Fund, but receives no compensation.

The Portfolios 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, and in other affiliated funds. The investment adviser fee paid by the Portfolios is reduced by an amount equal to their pro rata share of the advisory and administration fees paid by the Portfolios due to their investments in the Liquidity Fund and in other affiliated funds. For the six months ended April 30, 2026, the Fund's allocated share of the reduction of the investment adviser fee paid by the Portfolios was $764,823 relating to the Portfolios' investments in the Liquidity Fund and in other affiliated funds.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $98,473 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 $171,414 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also received distribution and service fees from Class A, Class C and Class R shares (see Note 5) and contingent deferred sales charges (see Note 6).

Trustees and officers of the Fund and the Portfolios who are members of EVM's or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolios are officers of the above organizations.

4 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and investments in the Portfolios, aggregated $35,448,094 and $253,000,000, respectively, for the six months ended April 30, 2026.

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[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

5 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 six months ended April 30, 2026 amounted to $1,327,345 for Class A shares.

The Fund also has in effect distribution plans for Class C shares (Class C Plan) and Class R shares (Class R 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $1,536,450 for Class C shares.

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 six months ended April 30, 2026, the Fund paid or accrued to EVD $29,745 for Class R shares.

Pursuant to the Class C and Class R Plans, 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 six months ended April 30, 2026 amounted to $512,150 and $29,745 for Class C and Class R shares, respectively.

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

6 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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received $43,925 and $25,925 of CDSCs paid by Class A and Class C shareholders, respectively.

7 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investments in the Portfolios were as follows:

---

| | | |
|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;**Contributions** | &nbsp;&nbsp;&nbsp;&nbsp;**Withdrawals** |
| Emerging Markets Local Income Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(9488000) |
| Global Macro Absolute Return Advantage Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251073575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(607132358) |
| Global Opportunities Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4042671131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(178482284) |
| High Income Opportunities Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276029098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3308825) |
| International Income Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178900551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(735294) |
| Senior Debt Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10706769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2941178) |

---

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

8 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, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 46202311 | &nbsp;&nbsp;&nbsp;&nbsp;$319522645 | &nbsp;&nbsp;&nbsp;&nbsp; 51012836 | &nbsp;&nbsp;&nbsp;&nbsp;$343584350 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 5410218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37296054 | &nbsp;&nbsp;&nbsp;&nbsp; 7930335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53294347 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20625619) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (142451270) | &nbsp;&nbsp;&nbsp;&nbsp; (32489954) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (217715567) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **30986910** | &nbsp;&nbsp;&nbsp;&nbsp;**$214367429** | &nbsp;&nbsp;&nbsp;&nbsp; **26453217** | &nbsp;&nbsp;&nbsp;&nbsp;**$179163130** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 21697067 | &nbsp;&nbsp;&nbsp;&nbsp;$141444453 | &nbsp;&nbsp;&nbsp;&nbsp; 28301563 | &nbsp;&nbsp;&nbsp;&nbsp;$179852720 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 2020320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13124955 | &nbsp;&nbsp;&nbsp;&nbsp; 2318880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14699068 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4867157) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31682627) | &nbsp;&nbsp;&nbsp;&nbsp; (7844794) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (49691348) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **18850230** | &nbsp;&nbsp;&nbsp;&nbsp;**$122886781** | &nbsp;&nbsp;&nbsp;&nbsp; **22775649** | &nbsp;&nbsp;&nbsp;&nbsp;**$144860440** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;747836372 | &nbsp;&nbsp;&nbsp;&nbsp;$5164463557 | &nbsp;&nbsp;&nbsp;&nbsp;1098185319 | &nbsp;&nbsp;&nbsp;&nbsp;$7381276829 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 75831228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 521665393 | &nbsp;&nbsp;&nbsp;&nbsp; 87927064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 590869261 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(246643428) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1701342494) | &nbsp;&nbsp;&nbsp;&nbsp; (314640783) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2109177839) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**577024172** | &nbsp;&nbsp;&nbsp;&nbsp;**$3984786456** | &nbsp;&nbsp;&nbsp;&nbsp; **871471600** | &nbsp;&nbsp;&nbsp;&nbsp;**$5862968251** |
| **Class R** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 1011840 | &nbsp;&nbsp;&nbsp;&nbsp;$7002058 | &nbsp;&nbsp;&nbsp;&nbsp; 2307692 | &nbsp;&nbsp;&nbsp;&nbsp;$15513355 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 123163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 850372 | &nbsp;&nbsp;&nbsp;&nbsp; 137128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 924618 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (181781) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1257070) | &nbsp;&nbsp;&nbsp;&nbsp; (799915) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5361683) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **953222** | &nbsp;&nbsp;&nbsp;&nbsp;**$6595360** | &nbsp;&nbsp;&nbsp;&nbsp; **1644905** | &nbsp;&nbsp;&nbsp;&nbsp;**$11076290** |

---

9 Affiliated Investments

At April 30, 2026, the value of the Fund's investment in affiliated funds was $364,706,980, which represents 2.0% of the Fund's net assets. Transactions in such investments by the Fund for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| Eaton Vance Emerging Markets Debt Opportunities Fund, Class R6 | $570523568 | $35448094 | $(253000000) | $11065019 | $670299 | $364706980 | $35448094 | 42755801 |

---

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Eaton Vance

Strategic Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 April 30, 2026, the hierarchy of inputs used in valuing the Fund's investments in securities and investments in the Portfolios, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Investments in Portfolios | &nbsp;&nbsp;$17355207012 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$17355207012 |
| Investments in Affiliated Investment Funds | &nbsp;&nbsp;&nbsp;&nbsp; 364706980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 364706980 |
| **Total Investments** | &nbsp;&nbsp;**$17719913992** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$17719913992** |

---

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited)

------

Asset-Backed Securities — 7.0%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| AASET MT-1 Ltd., Series 2025-3A, Class B, 5.732%, 2/16/50<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8053 | &nbsp;&nbsp;$7940476 |
| Abry Liquid Credit CLO Ltd., Series 2025-1A, Class D, 6.925%, (3 mo. SOFR + 3.25%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5011230 |
| ACHM Mortgage Trust, Series 2024-HE1, Class B, 7.26%, 5/25/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 620272 |
| AIMCO CLO 11 Ltd., Series 2020-11A, Class D1R2, 6.63%, (3 mo. SOFR + 2.95%), 7/17/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4008068 |
| Allegany Park CLO Ltd., Series 2019-1A, Class ERR, 10.075%, (3 mo. SOFR + 6.40%), 1/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 840577 |
| AMSR Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-SFR1, Class G, 4.612%, 6/17/38<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2187865 |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR1, Class G, 5.00%, 3/17/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp; 13854187 |
| ARES LXI CLO Ltd., Series 2021-61A, Class ER, 10.515%, (3 mo. SOFR + 6.84%), 4/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3350 | &nbsp;&nbsp;&nbsp;&nbsp; 3145188 |
| Babson CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-4A, Class D1R, 6.925%, (3 mo. SOFR + 3.25%), 10/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4990975 |
| &nbsp;&nbsp;&nbsp;Series 2024-3A, Class E, 9.575%, (3 mo. SOFR + 5.90%), 7/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2005260 |
| Ballyrock CLO 14 Ltd., Series 2020-14A, Class C2R, 7.925%, (3 mo. SOFR + 4.25%), 7/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2502638 |
| Ballyrock CLO 15 Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class D1R, 6.523%, (3 mo. SOFR + 2.85%), 1/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 6832714 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class ER, 8.923%, (3 mo. SOFR + 5.25%), 1/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1860632 |
| Ballyrock CLO 16 Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-16A, Class C1R, 6.425%, (3 mo. SOFR + 2.75%), 4/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2948277 |
| &nbsp;&nbsp;&nbsp;Series 2021-16A, Class DR, 8.825%, (3 mo. SOFR + 5.15%), 4/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2753610 |
| Ballyrock CLO 18 Ltd., Series 2021-18A, Class DR, 9.423%, (3 mo. SOFR + 5.75%), 4/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1864596 |
| Ballyrock CLO Ltd., Series 2019-2A, Class DR3, 9.817%, (3 mo. SOFR + 6.15%), 10/25/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5933166 |
| Barings CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-2A, Class ER, 8.775%, (3 mo. SOFR + 5.10%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2989530 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class D2, 7.325%, (3 mo. SOFR + 3.65%), 4/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2974527 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Barings CLO Ltd.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class E, 8.275%, (3 mo. SOFR + 4.60%), 4/20/38<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;$3961428 |
| Battalion CLO 18 Ltd., Series 2024-25A, Class D, 8.025%, (3 mo. SOFR + 4.35%), 3/13/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5029255 |
| Battalion CLO XXII Ltd., Series 2021-22A, Class D, 7.287%, (3 mo. SOFR + 3.612%), 1/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1898142 |
| Battalion CLO XXIX Ltd., Series 2025-29A, Class D1, 6.973%, (3 mo. SOFR + 3.30%), 3/31/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5011770 |
| Battalion CLO XXX Ltd., Series 2025-30A, Class D1, 6.628%, (3 mo. SOFR + 2.95%), 1/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4006548 |
| Bear Mountain Park CLO Ltd., Series 2022-1A, Class ER, 9.623%, (3 mo. SOFR + 5.95%), 7/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1375 | &nbsp;&nbsp;&nbsp;&nbsp; 1234028 |
| Benefit Street Partners CLO 41 Ltd., Series 2025-41A, Class D1, 6.417%, (3 mo. SOFR + 2.75%), 7/25/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5012070 |
| Benefit Street Partners CLO XII-B Ltd., Series 2017-12BRA, Class D1, 6.723%, (3 mo. SOFR + 3.05%), 10/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3013845 |
| Benefit Street Partners CLO XVI Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-16A, Class D1R2, 6.38%, (3 mo. SOFR + 2.70%), 1/17/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2003516 |
| &nbsp;&nbsp;&nbsp;Series 2018-16A, Class D2R2, 7.68%, (3 mo. SOFR + 4.00%), 1/17/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2493790 |
| Benefit Street Partners CLO XXII Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-22A, Class DRR, 6.425%, (3 mo. SOFR + 2.75%), 4/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2002890 |
| &nbsp;&nbsp;&nbsp;Series 2020-22A, Class ERR, 8.575%, (3 mo. SOFR + 4.90%), 4/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1978724 |
| Birch Grove CLO 14 Ltd., Series 2025-14A, Class D1, 7.164%, (3 mo. SOFR + 3.50%), 7/22/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5009850 |
| Blueberry Park CLO Ltd., Series 2024-1A, Class D2, 7.925%, (3 mo. SOFR + 4.25%), 10/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1457565 |
| BlueMountain CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-3A, Class A1R, 4.937%, (3 mo. SOFR + 1.262%), 4/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258 | &nbsp;&nbsp;&nbsp;&nbsp; 257723 |
| &nbsp;&nbsp;&nbsp;Series 2015-3A, Class DR, 9.337%, (3 mo. SOFR + 5.662%), 4/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1468448 |
| &nbsp;&nbsp;&nbsp;Series 2016-3A, Class ER, 9.864%, (3 mo. SOFR + 6.212%), 11/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 760718 |
| BlueMountain CLO XXVI Ltd., Series 2019-26A, Class D1R, 7.437%, (3 mo. SOFR + 3.762%), 10/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3505047 |
| BlueMountain CLO XXX Ltd., Series 2020-30A, Class ER, 10.373%, (3 mo. SOFR + 6.70%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1886650 |

---

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| BlueMountain CLO XXXIV Ltd., Series 2022-34A, Class E, 11.225%, (3 mo. SOFR + 7.55%), 4/20/35<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$954486 |
| Bridge Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-SFR1, Class E1, 4.30%, 8/17/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2915 | &nbsp;&nbsp;&nbsp;&nbsp; 2793911 |
| &nbsp;&nbsp;&nbsp;Series 2024-SFR1, Class E2, 5.50%, 8/17/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 964625 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR1, Class E, 4.35%, 9/17/42<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1448 | &nbsp;&nbsp;&nbsp;&nbsp; 1339180 |
| Brookhaven Park CLO Ltd., Series 2024-1A, Class D, 7.275%, (3 mo. SOFR + 3.60%), 4/19/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2973882 |
| Bryant Park Funding Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-19A, Class D1R, 6.473%, (3 mo. SOFR + 2.80%), 4/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5250 | &nbsp;&nbsp;&nbsp;&nbsp; 5101661 |
| &nbsp;&nbsp;&nbsp;Series 2023-20A, Class DR, 7.073%, (3 mo. SOFR + 3.40%), 4/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4980155 |
| &nbsp;&nbsp;&nbsp;Series 2023-21A, Class D1R, 6.425%, (3 mo. SOFR + 2.75%), 10/18/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2981250 |
| &nbsp;&nbsp;&nbsp;Series 2023-21A, Class ER, 8.925%, (3 mo. SOFR + 5.25%), 10/18/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2964957 |
| &nbsp;&nbsp;&nbsp;Series 2024-22A, Class D, 7.973%, (3 mo. SOFR + 4.30%), 4/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6016866 |
| Cajun Global LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2, 6.554%, 2/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12400 | &nbsp;&nbsp;&nbsp;&nbsp; 12538900 |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class A2, 5.912%, 11/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9933403 |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class M, 8.72%, 11/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17500 | &nbsp;&nbsp;&nbsp;&nbsp; 17225033 |
| Canyon Capital CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-1A, Class ER, 9.685%, (3 mo. SOFR + 6.012%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3461304 |
| &nbsp;&nbsp;&nbsp;Series 2016-2A, Class ER, 9.935%, (3 mo. SOFR + 6.262%), 10/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 863261 |
| &nbsp;&nbsp;&nbsp;Series 2017-1A, Class E, 10.185%, (3 mo. SOFR + 6.512%), 7/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1949204 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class E, 9.685%, (3 mo. SOFR + 6.012%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1970774 |
| &nbsp;&nbsp;&nbsp;Series 2022-1A, Class D, 6.88%, (3 mo. SOFR + 3.20%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp; 1889375 |
| Carlyle U.S. CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-3A, Class ER3, 8.621%, (3 mo. SOFR + 4.95%), 4/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2938920 |
| &nbsp;&nbsp;&nbsp;Series 2019-4A, Class CR, 6.873%, (3 mo. SOFR + 3.20%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1743098 |
| &nbsp;&nbsp;&nbsp;Series 2019-4A, Class DR, 10.273%, (3 mo. SOFR + 6.60%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1970168 |
| &nbsp;&nbsp;&nbsp;Series 2026-1A, Class E, 8.926%, (3 mo. SOFR + 5.25%), 4/25/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3250 | &nbsp;&nbsp;&nbsp;&nbsp; 3283829 |
| CFMT LLC, Series 2024-HB13, Class M4, 3.00%, 5/25/34<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4822333 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Crown City CLO III, Series 2021-1A, Class C, 7.237%, (3 mo. SOFR + 3.562%), 7/20/34<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$972718 |
| Crown Point CLO 10 Ltd., Series 2021-10A, Class E, 10.787%, (3 mo. SOFR + 7.112%), 7/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1902884 |
| Dryden CLO Ltd., Series 2018-55A, Class E, 9.335%, (3 mo. SOFR + 5.662%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 988735 |
| Dryden Senior Loan Fund, Series 2016-42A, Class ERR, 10.173%, (3 mo. SOFR + 6.50%), 7/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1897120 |
| Eldridge CLO Ltd., Series 2025-2A, Class E, 8.905%, (3 mo. SOFR + 5.25%), 1/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3023370 |
| Elmwood CLO 14 Ltd., Series 2022-1A, Class DR, 6.575%, (3 mo. SOFR + 2.90%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2013466 |
| Elmwood CLO 16 Ltd., Series 2022-3A, Class D1RR, 7.175%, (3 mo. SOFR + 3.50%), 4/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2004108 |
| Elmwood CLO 32 Ltd., Series 2024-8A, Class D1, 6.525%, (3 mo. SOFR + 2.85%), 10/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3004020 |
| Elmwood CLO 40 Ltd., Series 2025-3A, Class E, 8.93%, (3 mo. SOFR + 5.25%), 3/22/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2017440 |
| Elmwood CLO VI Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-3A, Class D1RR, 6.775%, (3 mo. SOFR + 3.10%), 7/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1302210 |
| &nbsp;&nbsp;&nbsp;Series 2020-3A, Class ERR, 9.575%, (3 mo. SOFR + 5.90%), 7/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 958238 |
| Empower CLO Ltd., Series 2024-1A, Class D1, 7.417%, (3 mo. SOFR + 3.75%), 4/25/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3000150 |
| FirstKey Homes Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-SFR1, Class G, 3.835%, 8/17/38<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37071 | &nbsp;&nbsp;&nbsp;&nbsp; 36778083 |
| &nbsp;&nbsp;&nbsp;Series 2021-SFR2, Class G, 3.406%, 9/17/38<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12501 | &nbsp;&nbsp;&nbsp;&nbsp; 12327294 |
| &nbsp;&nbsp;&nbsp;Series 2021-SFR3, Class G, 3.981%, 12/17/38<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9268 | &nbsp;&nbsp;&nbsp;&nbsp; 9073610 |
| FMC Issuer Trust-FMSR, Series 2024-FT1, Class A, 6.559%, 9/25/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37000 | &nbsp;&nbsp;&nbsp;&nbsp; 36759578 |
| Galaxy 31 CLO Ltd., Series 2023-31A, Class DR, 6.873%, (3 mo. SOFR + 3.20%), 7/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 2290736 |
| Galaxy 33 CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-33A, Class D1, 7.225%, (3 mo. SOFR + 3.55%), 4/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2004466 |
| &nbsp;&nbsp;&nbsp;Series 2024-33A, Class E, 10.325%, (3 mo. SOFR + 6.65%), 4/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 2283265 |

---

*17*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Galaxy 34 CLO Ltd., Series 2024-34A, Class E, 9.575%, (3 mo. SOFR + 5.90%), 10/20/37<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;$2969721 |
| Goddard Funding LLC, Series 2022-1A, Class A2, 6.864%, 10/30/52<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6790 | &nbsp;&nbsp;&nbsp;&nbsp; 6827382 |
| Golub Capital Partners ABS Funding, Series 2024-2A, Class B, 7.255%, 7/25/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4878175 |
| Golub Capital Partners CLO 53B Ltd., Series 2021-53A, Class DR, 6.075%, (3 mo. SOFR + 2.40%), 7/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1951490 |
| Golub Capital Partners CLO 72 B Ltd., Series 2024-72A, Class D, 7.667%, (3 mo. SOFR + 4.00%), 4/25/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3500175 |
| Golub Capital Partners CLO 74 B Ltd., Series 2024-74A, Class E, 9.768%, (3 mo. SOFR + 6.10%), 7/25/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1968716 |
| Gracie Point International Funding LLC, Series 2025-1A, Class C, 6.404%, (30-day SOFR Average + 2.75%), 8/15/28<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 751244 |
| HalseyPoint CLO 5 Ltd., Series 2021-5A, Class D, 7.425%, (3 mo. SOFR + 3.762%), 1/30/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3396834 |
| Harvest U.S. CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class D1, 6.923%, (3 mo. SOFR + 3.25%), 10/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3503570 |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class E, 10.573%, (3 mo. SOFR + 6.90%), 10/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 994703 |
| &nbsp;&nbsp;&nbsp;Series 2024-3A, Class D1, 6.975%, (3 mo. SOFR + 3.30%), 1/18/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1002652 |
| Highbridge Loan Management, Series 3A-2014, Class DR, 10.437%, (3 mo. SOFR + 6.762%), 7/18/29<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2770 | &nbsp;&nbsp;&nbsp;&nbsp; 2383456 |
| Home Partners of America Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class F, 3.799%, 12/17/26<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28893 | &nbsp;&nbsp;&nbsp;&nbsp; 28521413 |
| &nbsp;&nbsp;&nbsp;Series 2021-2, Class G, 4.505%, 12/17/26<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44786 | &nbsp;&nbsp;&nbsp;&nbsp; 44274769 |
| HTS Fund II LLC, Series 2025-1, Class B, 6.571%, 6/23/45<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1149141 |
| KKR CLO 48 Ltd., Series 48-A, Class D1R, 6.618%, (3 mo. SOFR + 2.95%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4021644 |
| KKR CLO 52 Ltd., Series 2023-52A, Class D1R, 6.78%, (3 mo. SOFR + 3.10%), 7/16/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5032300 |
| LoanDepot GMSR Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-GT1, Class A, 6.514%, (1 mo. SOFR + 2.85%), 5/16/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78929 | &nbsp;&nbsp;&nbsp;&nbsp; 78407543 |
| &nbsp;&nbsp;&nbsp;Series 2025-GT1, Class B, 7.214%, (1 mo. SOFR + 3.55%), 5/16/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13071 | &nbsp;&nbsp;&nbsp;&nbsp; 13056832 |
| Madison Park Funding XXII Ltd., Series 2016-22A, Class D1R2, 6.573%, (3 mo. SOFR + 2.90%), 1/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2948214 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Madison Park Funding XXXVI Ltd., Series 2019-36A, Class ERR, 9.273%, (3 mo. SOFR + 5.60%), 4/15/35<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$1777976 |
| Magnetite XXII Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-22A, Class DJ, 7.823%, (3 mo. SOFR + 4.15%), 7/15/36<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2003894 |
| &nbsp;&nbsp;&nbsp;Series 2019-22A, Class DRR, 6.573%, (3 mo. SOFR + 2.90%), 7/15/36<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3504966 |
| Marble Point CLO XXIV Ltd., Series 2022-1A, Class D1R, 6.925%, (3 mo. SOFR + 3.25%), 4/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2494928 |
| MFA Trust, Series 2024-NPL1, Class A1, 6.33% to 5/25/26, 9/25/54<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5238 | &nbsp;&nbsp;&nbsp;&nbsp; 5250298 |
| MidOcean Credit CLO XXII, Series 2026-22A, Class E, 8.569%, (3 mo. SOFR + 4.90%), 4/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3875 | &nbsp;&nbsp;&nbsp;&nbsp; 3875469 |
| Navigator Aviation Ltd., Series 2024-1, Class B, 6.09%, 8/15/49<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4845 | &nbsp;&nbsp;&nbsp;&nbsp; 4824989 |
| Neuberger Berman CLO XVII Ltd., Series 2014-17A, Class ER3, 10.414%, (3 mo. SOFR + 6.75%), 7/22/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2005642 |
| Neuberger Berman Loan Advisers CLO 28 Ltd., Series 2018-28A, Class ER, 10.625%, (3 mo. SOFR + 6.95%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2994312 |
| Neuberger Berman Loan Advisers CLO 59 Ltd., Series 2024-59A, Class E, 8.466%, (3 mo. SOFR + 4.80%), 1/23/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1993770 |
| New Mountain CLO 3 Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series CLO-3A, Class D1R, 6.625%, (3 mo. SOFR + 2.95%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5010605 |
| &nbsp;&nbsp;&nbsp;Series CLO-3A, Class ER, 9.025%, (3 mo. SOFR + 5.35%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 4430610 |
| New Mountain CLO 6 Ltd., Series CLO-6A, Class D2, 7.975%, (3 mo. SOFR + 4.30%), 10/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2003922 |
| New Mountain CLO 7 Ltd., Series CLO-7A, Class D2, 7.525%, (3 mo. SOFR + 3.85%), 3/31/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1980730 |
| NRZ Excess Spread-Collateralized Notes, Series 2024-FNT1, Class A, 7.398%, 11/25/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23267 | &nbsp;&nbsp;&nbsp;&nbsp; 23352859 |
| Oaktree CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-4A, Class D2RR, 8.375%, (3 mo. SOFR + 4.70%), 7/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3006657 |
| &nbsp;&nbsp;&nbsp;Series 2019-4A, Class ERR, 10.265%, (3 mo. SOFR + 6.59%), 7/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2472463 |
| &nbsp;&nbsp;&nbsp;Series 2025-32A, Class D3, 7.923%, (3 mo. SOFR + 4.25%), 7/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2872272 |
| OCP CLO Ltd., Series 2024-32A, Class D1, 7.416%, (3 mo. SOFR + 3.75%), 4/23/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5014175 |

---

*18*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Octagon 60 Ltd., Series 2022-1A, Class ER, 10.675%, (3 mo. SOFR + 7.00%), 10/20/37<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;$2505222 |
| Octagon Investment Partners 49 Ltd., Series 2020-5A, Class D1R, 7.723%, (3 mo. SOFR + 4.05%), 4/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2003750 |
| Orion CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-1A, Class D1R, 6.567%, (3 mo. SOFR + 2.90%), 10/25/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3937108 |
| &nbsp;&nbsp;&nbsp;Series 2024-4A, Class E, 9.675%, (3 mo. SOFR + 6.00%), 10/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1972172 |
| &nbsp;&nbsp;&nbsp;Series 2025-6A, Class E, 8.925%, (3 mo. SOFR + 5.25%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5987334 |
| Pagaya AI Technology in Housing Trust, Series 2023-1, Class F, 3.60%, 10/25/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 4038854 |
| Palmer Square CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class CR, 7.575%, (3 mo. SOFR + 3.90%), 4/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 4463352 |
| &nbsp;&nbsp;&nbsp;Series 2021-2A, Class ER, 8.773%, (3 mo. SOFR + 5.10%), 2/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1911080 |
| &nbsp;&nbsp;&nbsp;Series 2023-2A, Class ER, 10.075%, (3 mo. SOFR + 6.40%), 7/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4012464 |
| Progress Residential Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-SFR9, Class F, 4.053%, 11/17/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 965683 |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR1, Class H, 5.25%, 2/17/41<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17650 | &nbsp;&nbsp;&nbsp;&nbsp; 17140056 |
| &nbsp;&nbsp;&nbsp;Series 2022-SFR3, Class F, 6.60%, 4/17/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2500436 |
| Regatta 31 Funding Ltd., Series 2025-1A, Class D, 8.567%, (3 mo. SOFR + 4.90%), 3/25/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2910591 |
| Retained Vantage Data Centers Issuer LLC, Series 2023-1A, Class A2B, 5.25%, 9/15/48<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 7395096 |
| RMF Buyout Issuance Trust, Series 2021-HB1, Class M5, 6.00%, 11/25/31<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 4273511 |
| RR 35 Ltd., Series 2024-35A, Class D, 9.023%, (3 mo. SOFR + 5.35%), 1/15/40<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp; 7523062 |
| RR 38 Ltd., Series 2025-38A, Class C2, 7.323%, (3 mo. SOFR + 3.65%), 4/15/40<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3906168 |
| Saluda Grade Alternative Mortgage Trust, Series 2025-NPL2, Class A1, 7.774% to 4/25/28, 5/25/30<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21948 | &nbsp;&nbsp;&nbsp;&nbsp; 21902238 |
| Santander Bank Auto Credit-Linked Notes: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-A, Class E, 7.762%, 6/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070 | &nbsp;&nbsp;&nbsp;&nbsp; 1086715 |
| &nbsp;&nbsp;&nbsp;Series 2024-B, Class F, 8.881%, 1/18/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1568 | &nbsp;&nbsp;&nbsp;&nbsp; 1599602 |
| Service Experts Issuer LLC, Series 2025-1A, Class B, 7.62%, 1/20/37<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1251468 |
| Silver Point CLO 12 Ltd., Series 2025-12A, Class D1, 6.323%, (3 mo. SOFR + 2.65%), 10/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3936712 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Sixth Street CLO XV Ltd., Series 2020-15A, Class D1R, 6.817%, (3 mo. SOFR + 3.15%), 10/24/37<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;$4997280 |
| Sixth Street CLO XX Ltd., Series 2021-20A, Class D1R, 6.63%, (3 mo. SOFR + 2.95%), 7/17/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3989044 |
| Sixth Street CLO XXII Ltd., Series 2023-22A, Class D2R, 7.422%, (3 mo. SOFR + 3.75%), 4/21/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1395437 |
| STAR Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-SFR2, Class G, 7.169%, (1 mo. SOFR + 3.514%), 1/17/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4004102 |
| &nbsp;&nbsp;&nbsp;Series 2024-SFR4, Class C, 6.105%, (1 mo. SOFR + 2.45%), 10/17/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8576 | &nbsp;&nbsp;&nbsp;&nbsp; 8601523 |
| &nbsp;&nbsp;&nbsp;Series 2024-SFR4, Class D, 6.605%, (1 mo. SOFR + 2.95%), 10/17/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14650 | &nbsp;&nbsp;&nbsp;&nbsp; 14715500 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR5, Class D, 6.105%, (1 mo. SOFR + 2.45%), 2/17/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9670 | &nbsp;&nbsp;&nbsp;&nbsp; 9678845 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR5, Class E, 6.605%, (1 mo. SOFR + 2.95%), 2/17/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2499990 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR6, Class C, 5.655%, (1 mo. SOFR + 2.00%), 8/17/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2450 | &nbsp;&nbsp;&nbsp;&nbsp; 2456277 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR6, Class D, 6.055%, (1 mo. SOFR + 2.40%), 8/17/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5050 | &nbsp;&nbsp;&nbsp;&nbsp; 5064274 |
| TCW CLO Ltd., Series 2024-3A, Class E, 10.275%, (3 mo. SOFR + 6.60%), 10/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1887002 |
| Texas Debt Capital CLO Ltd., Series 2025-1A, Class E, 8.167%, (3 mo. SOFR + 4.50%), 4/24/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2997660 |
| TRESTLES CLO Ltd., Series 2017-1A, Class ERR, 9.617%, (3 mo. SOFR + 5.95%), 7/25/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2757744 |
| Tricon Residential Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-SFR1, Class G, 4.133%, 7/17/38<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3551 | &nbsp;&nbsp;&nbsp;&nbsp; 3530074 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR1, Class D, 5.655%, (1 mo. SOFR + 2.00%), 3/17/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4002264 |
| Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class C, 6.807%, 9/26/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3612 | &nbsp;&nbsp;&nbsp;&nbsp; 3601720 |
| U.S. Bank NA: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2026-RVM1, Class D, 7.056%, 12/25/46<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14316 | &nbsp;&nbsp;&nbsp;&nbsp; 14189806 |
| &nbsp;&nbsp;&nbsp;Series 2026-RVM1, Class F, 10.192%, 12/25/46<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6681 | &nbsp;&nbsp;&nbsp;&nbsp; 6650124 |
| UPX HIL Issuer Trust, Series 2025-1, Class C, 7.67%, 1/25/47<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4857 | &nbsp;&nbsp;&nbsp;&nbsp; 4905592 |
| VB-S1 Issuer LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1A, Class F, 8.871%, 5/15/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4750 | &nbsp;&nbsp;&nbsp;&nbsp; 4870383 |
| &nbsp;&nbsp;&nbsp;Series 2026-1A, Class F, 6.843%, 3/15/56<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5984 | &nbsp;&nbsp;&nbsp;&nbsp; 6016258 |
| VINE Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-SFR1, Class E1, 4.75%, 12/17/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp; 14474811 |

---

*19*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| VINE Trust: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-SFR1, Class E1, 4.50%, 3/17/41<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;$4770134 |
| Voya CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013-1A, Class DR, 10.415%, (3 mo. SOFR + 6.742%), 10/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4542210 |
| &nbsp;&nbsp;&nbsp;Series 2015-3A, Class DR, 10.137%, (3 mo. SOFR + 6.462%), 10/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1864108 |
| &nbsp;&nbsp;&nbsp;Series 2018-2A, Class E, 9.185%, (3 mo. SOFR + 5.512%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 917369 |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class D, 6.875%, (3 mo. SOFR + 3.20%), 7/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3009117 |
| Wellfleet CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-1A, Class CRR, 6.475%, (3 mo. SOFR + 2.80%), 7/20/32<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2488135 |
| &nbsp;&nbsp;&nbsp;Series 2021-2A, Class E, 10.895%, (3 mo. SOFR + 7.222%), 7/15/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 840712 |
| Willis Engine Structured Trust IX, Series 2025-B, Class B, 5.696%, 12/15/50<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6038 | &nbsp;&nbsp;&nbsp;&nbsp; 6000755 |
| Windhill CLO 5 Ltd., 13.00%, 10/22/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36073 | &nbsp;&nbsp;&nbsp;&nbsp; 36766936 |
| Wingspire Equipment Finance LLC, Series 2025-1A, Class E, 7.45%, 9/20/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5998093 |
| Total Asset-Backed Securities<br> (identified cost $935,449,401) |  | &nbsp;&nbsp;**$941634325** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Closed-End Funds — 0.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Nuveen Global High Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83400 | &nbsp;&nbsp;$1062516 |
| PGIM Global High Yield Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430326 | &nbsp;&nbsp;&nbsp;&nbsp; 5151002 |
| Western Asset High Income Opportunity Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383997 | &nbsp;&nbsp;&nbsp;&nbsp; 1416949 |
| Total Closed-End Funds<br> (identified cost $8,409,895) |  | &nbsp;&nbsp;**$7630467** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Collateralized Mortgage Obligations — 40.2%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| A&D Mortgage Trust, Series 2024-NQM6, Class B1A, 7.263%, 1/25/70<sup>(1)(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440 | &nbsp;&nbsp;$1464222 |
| Asset Based Lending LLC, Series 2024-RTL1, Class A1, 6.075% to 3/25/27, 9/25/29<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11050 | &nbsp;&nbsp;&nbsp;&nbsp; 11108609 |
| BofA Lending Facility, 7.649%, (SOFR + 4.00%), 6/16/28<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5188 | &nbsp;&nbsp;&nbsp;&nbsp; 5227622 |
| BofA Lending Facility, Mezzanine Tranche, 7.649%, (SOFR + 4.00%), 6/1/26<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2370 | &nbsp;&nbsp;&nbsp;&nbsp; 2369260 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Brean Asset-Backed Securities Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-RM6, Class A1, 5.25% to 1/25/28, 1/25/63 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3397 | &nbsp;&nbsp;$3406871 |
| &nbsp;&nbsp;&nbsp;Series 2023-SRM1, Class M4, 4.00%, 9/25/63<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8645 | &nbsp;&nbsp;&nbsp;&nbsp; 7336974 |
| &nbsp;&nbsp;&nbsp;Series 2023-SRM1, Class M5, 4.00%, 9/25/63<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8534 | &nbsp;&nbsp;&nbsp;&nbsp; 6441756 |
| Cascade Funding Mortgage Trust, Series 2025-HB16, Class M4, 3.00%, 3/25/35<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp; 8817147 |
| Cascade MH Asset Trust, Series 2022-MH1, Class A, 4.25% to 7/25/27, 8/25/54<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2352 | &nbsp;&nbsp;&nbsp;&nbsp; 2308932 |
| Center Street Lending Resi-Investor ABS Mortgage Trust, Series 2024-RTL1, Class A1, 6.892% to 5/25/27, 10/25/29<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8450 | &nbsp;&nbsp;&nbsp;&nbsp; 8537074 |
| CFMT LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-R1, Class M1, 4.00% to 10/25/26, 10/25/54<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5770 | &nbsp;&nbsp;&nbsp;&nbsp; 5438212 |
| &nbsp;&nbsp;&nbsp;Series 2024-R1, Class M2, 4.00% to 10/25/26, 10/25/54<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9932 | &nbsp;&nbsp;&nbsp;&nbsp; 9163525 |
| &nbsp;&nbsp;&nbsp;Series 2024-HB13, Class M3, 3.00%, 5/25/34<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1113553 |
| &nbsp;&nbsp;&nbsp;Series 2024-HB14, Class M2, 3.00%, 6/25/34<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1214259 |
| &nbsp;&nbsp;&nbsp;Series 2024-HB14, Class M3, 3.00%, 6/25/34<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550 | &nbsp;&nbsp;&nbsp;&nbsp; 1499314 |
| &nbsp;&nbsp;&nbsp;Series 2024-HB14, Class M4, 3.00%, 6/25/34<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp; 8152023 |
| &nbsp;&nbsp;&nbsp;Series 2024-HB15, Class M3, 4.00%, 8/25/34<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 970565 |
| &nbsp;&nbsp;&nbsp;Series 2024-HB15, Class M4, 4.00%, 8/25/34<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp; 3631916 |
| Champs Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class A, 9.45%, 7/25/59<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33171 | &nbsp;&nbsp;&nbsp;&nbsp; 33926805 |
| &nbsp;&nbsp;&nbsp;Series 2024-2, Class A, 8.752%, 11/25/59<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27970 | &nbsp;&nbsp;&nbsp;&nbsp; 28726832 |
| &nbsp;&nbsp;&nbsp;Series 2024-3, Class A, 9.05%, 1/25/60<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52098 | &nbsp;&nbsp;&nbsp;&nbsp; 53577667 |
| &nbsp;&nbsp;&nbsp;Series 2025-1, Class A, 7.93%, 4/25/60<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63399 | &nbsp;&nbsp;&nbsp;&nbsp; 65339985 |
| &nbsp;&nbsp;&nbsp;Series 2025-2, Class A, 8.161%, 10/25/60<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86405 | &nbsp;&nbsp;&nbsp;&nbsp; 88967200 |
| &nbsp;&nbsp;&nbsp;Series 2026-1, Class A, 8.913%, 9/25/61<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95032 | &nbsp;&nbsp;&nbsp;&nbsp; 98630983 |
| CHNGE Mortgage Trust, Series 2022-NQM1, Class M1, 5.82% to 5/25/26, 6/25/67<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1764 | &nbsp;&nbsp;&nbsp;&nbsp; 1763047 |
| Dominion Mortgage Trust, Series 2025-RTL1, Class A2, 8.019% to 9/25/27, 3/25/30<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 9116902 |
| EFMT, Series 2024-RM2, Class A1A, 5.00%, 7/25/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15377 | &nbsp;&nbsp;&nbsp;&nbsp; 15106236 |
| FARM Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-1, Class B, 2.957%, 1/25/52<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2282 | &nbsp;&nbsp;&nbsp;&nbsp; 1741763 |
| &nbsp;&nbsp;&nbsp;Series 2023-1, Class B, 3.035%, 3/25/52<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2385 | &nbsp;&nbsp;&nbsp;&nbsp; 1823398 |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class B, 5.082%, 10/1/53<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3141 | &nbsp;&nbsp;&nbsp;&nbsp; 2783877 |

---

*20*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| FARM Mortgage Trust: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1, Class B, 5.633%, 8/1/55<sup>(1)(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3550 | &nbsp;&nbsp;$3158223 |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2182, Class ZC, 7.50%, 9/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp; 9768 |
| &nbsp;&nbsp;&nbsp;Series 4273, Class SP, 1.951%, (11.695% - 30-day SOFR Average x 2.667), 11/15/43<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516 | &nbsp;&nbsp;&nbsp;&nbsp; 423591 |
| &nbsp;&nbsp;&nbsp;Series 5071, Class SP, 0.00%, (3.30% - 30-day SOFR Average, Floor 0.00%), 2/25/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4319 | &nbsp;&nbsp;&nbsp;&nbsp; 1800825 |
| &nbsp;&nbsp;&nbsp;Series 5083, Class SK, 0.00%, (3.867% - 30-day SOFR Average x 1.333, Floor 0.00%), 3/25/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3411 | &nbsp;&nbsp;&nbsp;&nbsp; 1462720 |
| &nbsp;&nbsp;&nbsp;Series 5152, Class ZP, 3.00%, 7/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10948 | &nbsp;&nbsp;&nbsp;&nbsp; 6607878 |
| &nbsp;&nbsp;&nbsp;Series 5270, Class ZU, 6.00%, 11/25/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3901 | &nbsp;&nbsp;&nbsp;&nbsp; 4024219 |
| &nbsp;&nbsp;&nbsp;Series 5300, Class EY, 6.00%, 12/25/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10900 | &nbsp;&nbsp;&nbsp;&nbsp; 11249851 |
| &nbsp;&nbsp;&nbsp;Series 5324, Class MZ, 6.00%, 7/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3939 | &nbsp;&nbsp;&nbsp;&nbsp; 4063065 |
| &nbsp;&nbsp;&nbsp;Series 5327, Class B, 6.00%, 8/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp; 20578436 |
| &nbsp;&nbsp;&nbsp;Series 5343, Class CS, 8.565%, (19.50% - 30-day SOFR Average x 3.00), 10/25/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5357 | &nbsp;&nbsp;&nbsp;&nbsp; 5520222 |
| &nbsp;&nbsp;&nbsp;Series 5353, Class AZ, 6.50%, 11/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9995 | &nbsp;&nbsp;&nbsp;&nbsp; 10557893 |
| &nbsp;&nbsp;&nbsp;Series 5362, Class JB, 6.00%, 12/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14599 | &nbsp;&nbsp;&nbsp;&nbsp; 15017259 |
| &nbsp;&nbsp;&nbsp;Series 5379, Class EZ, 5.50%, 2/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9051 | &nbsp;&nbsp;&nbsp;&nbsp; 8990436 |
| &nbsp;&nbsp;&nbsp;Series 5381, Class Z, 5.50%, 2/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15256 | &nbsp;&nbsp;&nbsp;&nbsp; 15036198 |
| &nbsp;&nbsp;&nbsp;Series 5391, Class EZ, 5.50%, 3/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18020 | &nbsp;&nbsp;&nbsp;&nbsp; 18065943 |
| &nbsp;&nbsp;&nbsp;Series 5399, Class MZ, 6.00%, 4/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5179 | &nbsp;&nbsp;&nbsp;&nbsp; 5339454 |
| &nbsp;&nbsp;&nbsp;Series 5402, Class BZ, 6.00%, 4/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9062 | &nbsp;&nbsp;&nbsp;&nbsp; 9337842 |
| &nbsp;&nbsp;&nbsp;Series 5410, Class KY, 6.00%, 5/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10291285 |
| &nbsp;&nbsp;&nbsp;Series 5413, Class LZ, 6.00%, 5/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4509 | &nbsp;&nbsp;&nbsp;&nbsp; 4646314 |
| &nbsp;&nbsp;&nbsp;Series 5413, Class MZ, 6.00%, 5/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13247 | &nbsp;&nbsp;&nbsp;&nbsp; 13658617 |
| &nbsp;&nbsp;&nbsp;Series 5414, Class CZ, 5.50%, 5/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36596 | &nbsp;&nbsp;&nbsp;&nbsp; 36926229 |
| &nbsp;&nbsp;&nbsp;Series 5428, Class Z, 6.00%, 7/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16381 | &nbsp;&nbsp;&nbsp;&nbsp; 16886085 |
| &nbsp;&nbsp;&nbsp;Series 5429, Class DZ, 6.00%, 7/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13469 | &nbsp;&nbsp;&nbsp;&nbsp; 13857106 |
| &nbsp;&nbsp;&nbsp;Series 5446, Class AZ, 6.00%, 8/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23743 | &nbsp;&nbsp;&nbsp;&nbsp; 24480862 |
| &nbsp;&nbsp;&nbsp;Series 5453, Class DZ, 5.50%, 9/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14670 | &nbsp;&nbsp;&nbsp;&nbsp; 14372948 |
| &nbsp;&nbsp;&nbsp;Series 5461, Class Z, 6.50%, 10/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1685 | &nbsp;&nbsp;&nbsp;&nbsp; 1665169 |
| &nbsp;&nbsp;&nbsp;Series 5478, Class SG, 7.491%, (15.51% - 30-day SOFR Average x 2.20), 12/25/54<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34722 | &nbsp;&nbsp;&nbsp;&nbsp; 34744388 |
| &nbsp;&nbsp;&nbsp;Series 5481, Class HZ, 5.50%, 12/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9286 | &nbsp;&nbsp;&nbsp;&nbsp; 9288775 |
| &nbsp;&nbsp;&nbsp;Series 5489, Class S, 7.601%, (15.62% - 30-day SOFR Average x 2.20), 1/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10062 | &nbsp;&nbsp;&nbsp;&nbsp; 10235414 |
| &nbsp;&nbsp;&nbsp;Series 5491, Class CZ, 5.50%, 1/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14294 | &nbsp;&nbsp;&nbsp;&nbsp; 14272947 |
| &nbsp;&nbsp;&nbsp;Series 5493, Class KZ, 5.50%, 1/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16614 | &nbsp;&nbsp;&nbsp;&nbsp; 16616421 |
| &nbsp;&nbsp;&nbsp;Series 5499, Class HZ, 5.50%, 2/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7940 | &nbsp;&nbsp;&nbsp;&nbsp; 7688527 |
| &nbsp;&nbsp;&nbsp;Series 5499, Class MZ, 6.00%, 2/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26942 | &nbsp;&nbsp;&nbsp;&nbsp; 27723592 |
| &nbsp;&nbsp;&nbsp;Series 5500, Class EZ, 5.50%, 1/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13312 | &nbsp;&nbsp;&nbsp;&nbsp; 13074698 |
| &nbsp;&nbsp;&nbsp;Series 5500, Class SC, 10.065%, (21.00% - 30-day SOFR Average x 3.00), 10/25/54<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24562 | &nbsp;&nbsp;&nbsp;&nbsp; 26574558 |
| &nbsp;&nbsp;&nbsp;Series 5500, Class ZG, 5.50%, 10/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20511 | &nbsp;&nbsp;&nbsp;&nbsp; 20527932 |
| &nbsp;&nbsp;&nbsp;Series 5502, Class DZ, 5.50%, 2/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23562 | &nbsp;&nbsp;&nbsp;&nbsp; 23597842 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 5508, Class AS, 10.065%, (21.00% - 30-day SOFR Average x 3.00), 2/25/55<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23994 | &nbsp;&nbsp;$26097224 |
| &nbsp;&nbsp;&nbsp;Series 5508, Class DS, 10.065%, (21.00% - 30-day SOFR Average x 3.00), 2/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9171 | &nbsp;&nbsp;&nbsp;&nbsp; 10062642 |
| &nbsp;&nbsp;&nbsp;Series 5508, Class SC, 10.065%, (21.00% - 30-day SOFR Average x 3.00), 2/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24708 | &nbsp;&nbsp;&nbsp;&nbsp; 26935956 |
| &nbsp;&nbsp;&nbsp;Series 5510, Class GZ, 5.50%, 2/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18687 | &nbsp;&nbsp;&nbsp;&nbsp; 18696219 |
| &nbsp;&nbsp;&nbsp;Series 5511, Class LT, 7.595%, (30-day SOFR Average + 3.95%), 3/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4444 | &nbsp;&nbsp;&nbsp;&nbsp; 4527553 |
| &nbsp;&nbsp;&nbsp;Series 5511, Class SQ, 8.819%, (23.40% - 30-day SOFR Average x 4.00), 3/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14436 | &nbsp;&nbsp;&nbsp;&nbsp; 14693713 |
| &nbsp;&nbsp;&nbsp;Series 5511, Class TE, 7.595%, (30-day SOFR Average + 3.95%), 3/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2232 | &nbsp;&nbsp;&nbsp;&nbsp; 2287302 |
| &nbsp;&nbsp;&nbsp;Series 5513, Class GZ, 5.50%, 6/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42534 | &nbsp;&nbsp;&nbsp;&nbsp; 41911924 |
| &nbsp;&nbsp;&nbsp;Series 5513, Class MQ, 7.595%, (30-day SOFR Average + 3.95%), 6/25/54<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55875 | &nbsp;&nbsp;&nbsp;&nbsp; 56590985 |
| &nbsp;&nbsp;&nbsp;Series 5516, Class HZ, 6.00%, 3/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26808 | &nbsp;&nbsp;&nbsp;&nbsp; 27650642 |
| &nbsp;&nbsp;&nbsp;Series 5516, Class MC, 6.945%, (30-day SOFR Average + 3.30%), 3/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7269 | &nbsp;&nbsp;&nbsp;&nbsp; 7363975 |
| &nbsp;&nbsp;&nbsp;Series 5517, Class NA, 7.595%, (30-day SOFR Average + 3.95%), 3/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5830 | &nbsp;&nbsp;&nbsp;&nbsp; 5968618 |
| &nbsp;&nbsp;&nbsp;Series 5522, Class AZ, 5.50%, 3/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72886 | &nbsp;&nbsp;&nbsp;&nbsp; 71985083 |
| &nbsp;&nbsp;&nbsp;Series 5535, Class MB, 7.695%, (30-day SOFR Average + 4.05%), 5/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11175 | &nbsp;&nbsp;&nbsp;&nbsp; 11384956 |
| &nbsp;&nbsp;&nbsp;Series 5544, Class CZ, 6.00%, 5/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52820 | &nbsp;&nbsp;&nbsp;&nbsp; 54428191 |
| &nbsp;&nbsp;&nbsp;Series 5545, Class DZ, 6.00%, 6/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51763 | &nbsp;&nbsp;&nbsp;&nbsp; 53261299 |
| &nbsp;&nbsp;&nbsp;Series 5549, Class MB, 8.345%, (30-day SOFR Average + 4.70%), 2/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6353 | &nbsp;&nbsp;&nbsp;&nbsp; 6453693 |
| &nbsp;&nbsp;&nbsp;Series 5557, Class UM, 7.785%, (30-day SOFR Average + 4.14%), 6/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8298 | &nbsp;&nbsp;&nbsp;&nbsp; 8427224 |
| &nbsp;&nbsp;&nbsp;Series 5563, Class TB, 8.25%, (21.15% - 30-day SOFR Average x 3.00), 6/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36681 | &nbsp;&nbsp;&nbsp;&nbsp; 37732852 |
| &nbsp;&nbsp;&nbsp;Series 5563, Class TV, 8.16%, (21.06% - 30-day SOFR Average x 3.00), 8/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22474 | &nbsp;&nbsp;&nbsp;&nbsp; 23149761 |
| &nbsp;&nbsp;&nbsp;Series 5572, Class GZ, 6.00%, 9/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10007 | &nbsp;&nbsp;&nbsp;&nbsp; 10299298 |
| &nbsp;&nbsp;&nbsp;Series 5575, Class TA, 8.25%, (21.15% - 30-day SOFR Average x 3.00), 9/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33126 | &nbsp;&nbsp;&nbsp;&nbsp; 34210790 |
| &nbsp;&nbsp;&nbsp;Series 5592, Class TE, 7.20%, (21.30% - 30-day SOFR Average x 3.00), 10/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9981 | &nbsp;&nbsp;&nbsp;&nbsp; 10192633 |
| &nbsp;&nbsp;&nbsp;Series 5594, Class Z, 6.00%, 11/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3789 | &nbsp;&nbsp;&nbsp;&nbsp; 3751372 |
| &nbsp;&nbsp;&nbsp;Series 5604, Class SQ, 10.477%, (30.525% - 30-day SOFR Average x 5.50), 12/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21390 | &nbsp;&nbsp;&nbsp;&nbsp; 22569123 |
| &nbsp;&nbsp;&nbsp;Series 5623, Class UZ, 6.00%, 8/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3778 | &nbsp;&nbsp;&nbsp;&nbsp; 3769158 |
| &nbsp;&nbsp;&nbsp;Series 5644, Class SE, 9.184%, (22.55% - 30-day SOFR Average x 3.667), 4/25/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30648 | &nbsp;&nbsp;&nbsp;&nbsp; 32627595 |
| &nbsp;&nbsp;&nbsp;Series 5645, Class ZH, 6.00%, 11/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13096 | &nbsp;&nbsp;&nbsp;&nbsp; 13076311 |
| &nbsp;&nbsp;&nbsp;Series 5648, Class CA, 6.00%, 2/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7740 | &nbsp;&nbsp;&nbsp;&nbsp; 7723423 |
| &nbsp;&nbsp;&nbsp;Series 5659, Class SA, (16.06% - 30-day SOFR Average x 2.20), 6/25/56<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22300 | &nbsp;&nbsp;&nbsp;&nbsp; 23199716 |
| &nbsp;&nbsp;&nbsp;Series 5659, Class SD, 8.554%, (18.563% - 30-day SOFR Average x 2.75), 5/25/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16667 | &nbsp;&nbsp;&nbsp;&nbsp; 17661449 |

---

*21*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 5660, Class SC, 8.531%, (18.563% - 30-day SOFR Average x 2.75), 5/25/56<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23364 | &nbsp;&nbsp;$24910465 |
| &nbsp;&nbsp;&nbsp;Series 5662, Class SA, 8.022%, (16.06% - 30-day SOFR Average x 2.20), 5/25/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43682 | &nbsp;&nbsp;&nbsp;&nbsp; 45652013 |
| &nbsp;&nbsp;&nbsp;Series 5664, Class PS, (16.06% - 30-day SOFR Average x 2.20), 6/25/56<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90909 | &nbsp;&nbsp;&nbsp;&nbsp; 95932265 |
| &nbsp;&nbsp;&nbsp;Series 5668, Class SC, (16.35% - 30-day SOFR Average x 2.333), 6/25/56<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17300 | &nbsp;&nbsp;&nbsp;&nbsp; 18039315 |
| Interest Only:<sup>(7)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 380, Class C1, 3.00%, 1/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24993 | &nbsp;&nbsp;&nbsp;&nbsp; 4519629 |
| &nbsp;&nbsp;&nbsp;Series 380, Class C5, 3.50%, 1/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7572 | &nbsp;&nbsp;&nbsp;&nbsp; 1487050 |
| &nbsp;&nbsp;&nbsp;Series 2956, Class SL, 3.246%, (6.886% - 30-day SOFR Average), 6/15/32<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237 | &nbsp;&nbsp;&nbsp;&nbsp; 14920 |
| &nbsp;&nbsp;&nbsp;Series 3114, Class TS, 2.896%, (6.536% - 30-day SOFR Average), 9/15/30<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273 | &nbsp;&nbsp;&nbsp;&nbsp; 7489 |
| &nbsp;&nbsp;&nbsp;Series 3153, Class JI, 2.866%, (6.506% - 30-day SOFR Average), 5/15/36<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665 | &nbsp;&nbsp;&nbsp;&nbsp; 41347 |
| &nbsp;&nbsp;&nbsp;Series 4007, Class JI, 4.00%, 2/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404 | &nbsp;&nbsp;&nbsp;&nbsp; 57640 |
| &nbsp;&nbsp;&nbsp;Series 4067, Class JI, 3.50%, 6/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176 | &nbsp;&nbsp;&nbsp;&nbsp; 2352 |
| &nbsp;&nbsp;&nbsp;Series 4070, Class S, 2.346%, (5.986% - 30-day SOFR Average), 6/15/32<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2651 | &nbsp;&nbsp;&nbsp;&nbsp; 131262 |
| &nbsp;&nbsp;&nbsp;Series 4095, Class HS, 2.346%, (5.986% - 30-day SOFR Average), 7/15/32<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318 | &nbsp;&nbsp;&nbsp;&nbsp; 8273 |
| &nbsp;&nbsp;&nbsp;Series 4109, Class ES, 2.396%, (6.036% - 30-day SOFR Average), 12/15/41<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81 | &nbsp;&nbsp;&nbsp;&nbsp; 8260 |
| &nbsp;&nbsp;&nbsp;Series 4109, Class SA, 2.446%, (6.086% - 30-day SOFR Average), 9/15/32<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1227 | &nbsp;&nbsp;&nbsp;&nbsp; 64012 |
| &nbsp;&nbsp;&nbsp;Series 4149, Class S, 2.496%, (6.136% - 30-day SOFR Average), 1/15/33<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848 | &nbsp;&nbsp;&nbsp;&nbsp; 45352 |
| &nbsp;&nbsp;&nbsp;Series 4163, Class GS, 2.446%, (6.086% - 30-day SOFR Average), 11/15/32<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776 | &nbsp;&nbsp;&nbsp;&nbsp; 42724 |
| &nbsp;&nbsp;&nbsp;Series 4169, Class AS, 2.496%, (6.136% - 30-day SOFR Average), 2/15/33<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;947 | &nbsp;&nbsp;&nbsp;&nbsp; 51738 |
| &nbsp;&nbsp;&nbsp;Series 4188, Class AI, 3.50%, 4/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp; 575 |
| &nbsp;&nbsp;&nbsp;Series 4189, Class SQ, 2.396%, (6.036% - 30-day SOFR Average), 12/15/42<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401 | &nbsp;&nbsp;&nbsp;&nbsp; 39567 |
| &nbsp;&nbsp;&nbsp;Series 4203, Class QS, 2.496%, (6.136% - 30-day SOFR Average), 5/15/43<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910 | &nbsp;&nbsp;&nbsp;&nbsp; 58828 |
| &nbsp;&nbsp;&nbsp;Series 4332, Class IK, 4.00%, 4/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp; 65659 |
| &nbsp;&nbsp;&nbsp;Series 4343, Class PI, 4.00%, 5/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002 | &nbsp;&nbsp;&nbsp;&nbsp; 182092 |
| &nbsp;&nbsp;&nbsp;Series 4370, Class IO, 3.50%, 9/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp; 6 |
| &nbsp;&nbsp;&nbsp;Series 4381, Class SK, 2.396%, (6.036% - 30-day SOFR Average), 6/15/44<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1067 | &nbsp;&nbsp;&nbsp;&nbsp; 84099 |
| &nbsp;&nbsp;&nbsp;Series 4388, Class MS, 2.346%, (5.986% - 30-day SOFR Average), 9/15/44<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050 | &nbsp;&nbsp;&nbsp;&nbsp; 103117 |
| &nbsp;&nbsp;&nbsp;Series 4408, Class IP, 3.50%, 4/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1517 | &nbsp;&nbsp;&nbsp;&nbsp; 172491 |
| &nbsp;&nbsp;&nbsp;Series 4497, Class CS, 2.446%, (6.086% - 30-day SOFR Average), 9/15/44<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514 | &nbsp;&nbsp;&nbsp;&nbsp; 12528 |
| &nbsp;&nbsp;&nbsp;Series 4507, Class MI, 3.50%, 8/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228 | &nbsp;&nbsp;&nbsp;&nbsp; 5360 |
| &nbsp;&nbsp;&nbsp;Series 4507, Class SJ, 2.426%, (6.066% - 30-day SOFR Average), 9/15/45<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2743 | &nbsp;&nbsp;&nbsp;&nbsp; 292597 |
| &nbsp;&nbsp;&nbsp;Series 4520, Class PI, 4.00%, 8/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5836 | &nbsp;&nbsp;&nbsp;&nbsp; 654699 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 4528, Class BS, 2.396%, (6.036% - 30-day SOFR Average), 7/15/45<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301 | &nbsp;&nbsp;$104988 |
| &nbsp;&nbsp;&nbsp;Series 4629, Class QI, 3.50%, 11/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1331 | &nbsp;&nbsp;&nbsp;&nbsp; 233723 |
| &nbsp;&nbsp;&nbsp;Series 4637, Class IP, 3.50%, 4/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24 | &nbsp;&nbsp;&nbsp;&nbsp; 83 |
| &nbsp;&nbsp;&nbsp;Series 4644, Class TI, 3.50%, 1/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1118 | &nbsp;&nbsp;&nbsp;&nbsp; 135417 |
| &nbsp;&nbsp;&nbsp;Series 4744, Class IO, 4.00%, 11/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1290 | &nbsp;&nbsp;&nbsp;&nbsp; 263313 |
| &nbsp;&nbsp;&nbsp;Series 4749, Class IL, 4.00%, 12/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1022 | &nbsp;&nbsp;&nbsp;&nbsp; 209460 |
| &nbsp;&nbsp;&nbsp;Series 4768, Class IO, 4.00%, 3/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1258 | &nbsp;&nbsp;&nbsp;&nbsp; 256944 |
| &nbsp;&nbsp;&nbsp;Series 5051, Class S, 0.00%, (3.60% - 30-day SOFR Average, Floor 0.00%), 12/25/50<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15525 | &nbsp;&nbsp;&nbsp;&nbsp; 364046 |
| &nbsp;&nbsp;&nbsp;Series 5070, Class CI, 2.00%, 2/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33413 | &nbsp;&nbsp;&nbsp;&nbsp; 4384630 |
| &nbsp;&nbsp;&nbsp;Series 5156, Class IP, 3.00%, 12/25/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16381 | &nbsp;&nbsp;&nbsp;&nbsp; 2551829 |
| &nbsp;&nbsp;&nbsp;Series 5236, Class TI, 3.00%, 1/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59681 | &nbsp;&nbsp;&nbsp;&nbsp; 10237264 |
| &nbsp;&nbsp;&nbsp;Series 5293, Class CI, 2.50%, 4/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23599 | &nbsp;&nbsp;&nbsp;&nbsp; 3680174 |
| Principal Only:<sup>(8)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 4417, Class KO, 0.00%, 12/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp; 360419 |
| &nbsp;&nbsp;&nbsp;Series 4478, Class PO, 0.00%, 5/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717 | &nbsp;&nbsp;&nbsp;&nbsp; 530174 |
| &nbsp;&nbsp;&nbsp;Series 5357, Class EO, 0.00%, 11/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3278 | &nbsp;&nbsp;&nbsp;&nbsp; 2764494 |
| &nbsp;&nbsp;&nbsp;Series 5473, Class AO, 0.00%, 11/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7719 | &nbsp;&nbsp;&nbsp;&nbsp; 6106266 |
| Federal Home Loan Mortgage Corp. STACR REMICS Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-HQA3, Class B2, 11.26%, (30-day SOFR Average + 7.614%), 9/25/49<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1406154 |
| &nbsp;&nbsp;&nbsp;Series 2020-DNA6, Class B2, 9.295%, (30-day SOFR Average + 5.65%), 12/25/50<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6900 | &nbsp;&nbsp;&nbsp;&nbsp; 7912708 |
| &nbsp;&nbsp;&nbsp;Series 2021-DNA2, Class B2, 9.645%, (30-day SOFR Average + 6.00%), 8/25/33<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6610 | &nbsp;&nbsp;&nbsp;&nbsp; 8254299 |
| &nbsp;&nbsp;&nbsp;Series 2021-DNA3, Class B2, 9.895%, (30-day SOFR Average + 6.25%), 10/25/33<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp; 8234559 |
| &nbsp;&nbsp;&nbsp;Series 2021-DNA5, Class B2, 9.145%, (30-day SOFR Average + 5.50%), 1/25/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53570 | &nbsp;&nbsp;&nbsp;&nbsp; 65127754 |
| &nbsp;&nbsp;&nbsp;Series 2021-DNA6, Class B2, 11.145%, (30-day SOFR Average + 7.50%), 10/25/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21140 | &nbsp;&nbsp;&nbsp;&nbsp; 21763605 |
| &nbsp;&nbsp;&nbsp;Series 2021-HQA1, Class B2, 8.645%, (30-day SOFR Average + 5.00%), 8/25/33<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35825 | &nbsp;&nbsp;&nbsp;&nbsp; 42523322 |
| &nbsp;&nbsp;&nbsp;Series 2021-HQA2, Class B2, 9.095%, (30-day SOFR Average + 5.45%), 12/25/33<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4425 | &nbsp;&nbsp;&nbsp;&nbsp; 5374836 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA4, Class B2, 13.895%, (30-day SOFR Average + 10.25%), 5/25/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32500 | &nbsp;&nbsp;&nbsp;&nbsp; 35378122 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA5, Class B2, 16.545%, (30-day SOFR Average + 12.90%), 6/25/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30359 | &nbsp;&nbsp;&nbsp;&nbsp; 34147307 |

---

*22*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2009-62, Class WA, 5.59%, 8/25/39<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229 | &nbsp;&nbsp;$231337 |
| &nbsp;&nbsp;&nbsp;Series 2013-6, Class TA, 1.50%, 1/25/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301 | &nbsp;&nbsp;&nbsp;&nbsp; 271646 |
| &nbsp;&nbsp;&nbsp;Series 2021-56, Class GZ, 3.00%, 7/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1459 | &nbsp;&nbsp;&nbsp;&nbsp; 915886 |
| &nbsp;&nbsp;&nbsp;Series 2023-12, Class LW, 6.00%, 4/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11482 | &nbsp;&nbsp;&nbsp;&nbsp; 11833218 |
| &nbsp;&nbsp;&nbsp;Series 2023-12, Class ZB, 6.00%, 4/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5346 | &nbsp;&nbsp;&nbsp;&nbsp; 5514294 |
| &nbsp;&nbsp;&nbsp;Series 2023-14, Class EL, 6.00%, 4/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63163 | &nbsp;&nbsp;&nbsp;&nbsp; 65251116 |
| &nbsp;&nbsp;&nbsp;Series 2024-39, Class HS, 6.89%, (17.825% - 30-day SOFR Average x 3.00), 6/25/54<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7494 | &nbsp;&nbsp;&nbsp;&nbsp; 7395291 |
| &nbsp;&nbsp;&nbsp;Series 2024-87, Class LZ, 6.00%, 12/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1861 | &nbsp;&nbsp;&nbsp;&nbsp; 1888986 |
| &nbsp;&nbsp;&nbsp;Series 2024-90, Class ES, 7.601%, (15.62% - 30-day SOFR Average x 2.20), 10/25/54<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40221 | &nbsp;&nbsp;&nbsp;&nbsp; 42301947 |
| &nbsp;&nbsp;&nbsp;Series 2024-98, Class S, 7.601%, (15.62% - 30-day SOFR Average x 2.20), 1/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10845 | &nbsp;&nbsp;&nbsp;&nbsp; 11031361 |
| &nbsp;&nbsp;&nbsp;Series 2024-102, Class SA, 7.601%, (15.62% - 30-day SOFR Average x 2.20), 1/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15690 | &nbsp;&nbsp;&nbsp;&nbsp; 16004608 |
| &nbsp;&nbsp;&nbsp;Series 2024-105, Class AS, 8.451%, (21.817% - 30-day SOFR Average x 3.667), 1/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18455 | &nbsp;&nbsp;&nbsp;&nbsp; 18884999 |
| &nbsp;&nbsp;&nbsp;Series 2024-105, Class KT, 0.125%, 1/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24509 | &nbsp;&nbsp;&nbsp;&nbsp; 20501603 |
| &nbsp;&nbsp;&nbsp;Series 2025-3, Class BZ, 5.50%, 2/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3217 | &nbsp;&nbsp;&nbsp;&nbsp; 3109655 |
| &nbsp;&nbsp;&nbsp;Series 2025-4, Class BZ, 5.50%, 7/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11818 | &nbsp;&nbsp;&nbsp;&nbsp; 11823795 |
| &nbsp;&nbsp;&nbsp;Series 2025-4, Class HZ, 5.50%, 9/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19505 | &nbsp;&nbsp;&nbsp;&nbsp; 19515443 |
| &nbsp;&nbsp;&nbsp;Series 2025-5, Class GZ, 6.00%, 2/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1078 | &nbsp;&nbsp;&nbsp;&nbsp; 1110577 |
| &nbsp;&nbsp;&nbsp;Series 2025-7, Class EZ, 5.50%, 2/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10552 | &nbsp;&nbsp;&nbsp;&nbsp; 10532263 |
| &nbsp;&nbsp;&nbsp;Series 2025-10, Class AS, 10.215%, (21.15% - 30-day SOFR Average x 3.00), 2/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9578 | &nbsp;&nbsp;&nbsp;&nbsp; 10390156 |
| &nbsp;&nbsp;&nbsp;Series 2025-12, Class ES, 10.215%, (21.15% - 30-day SOFR Average x 3.00), 3/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16212 | &nbsp;&nbsp;&nbsp;&nbsp; 17653669 |
| &nbsp;&nbsp;&nbsp;Series 2025-12, Class FM, 7.645%, (30-day SOFR Average + 4.00%), 3/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8323 | &nbsp;&nbsp;&nbsp;&nbsp; 8551489 |
| &nbsp;&nbsp;&nbsp;Series 2025-13, Class BZ, 5.50%, 3/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21559 | &nbsp;&nbsp;&nbsp;&nbsp; 21283185 |
| &nbsp;&nbsp;&nbsp;Series 2025-15, Class FM, 7.495%, (30-day SOFR Average + 3.85%), 4/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7996 | &nbsp;&nbsp;&nbsp;&nbsp; 8232821 |
| &nbsp;&nbsp;&nbsp;Series 2025-19, Class DZ, 5.50%, 3/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8496 | &nbsp;&nbsp;&nbsp;&nbsp; 8348681 |
| &nbsp;&nbsp;&nbsp;Series 2025-29, Class MH, 7.695%, (30-day SOFR Average + 4.05%), 2/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10397 | &nbsp;&nbsp;&nbsp;&nbsp; 10666251 |
| &nbsp;&nbsp;&nbsp;Series 2025-35, Class MT, 8.645%, (30-day SOFR Average + 5.00%), 5/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10456 | &nbsp;&nbsp;&nbsp;&nbsp; 10791799 |
| &nbsp;&nbsp;&nbsp;Series 2025-40, Class SG, 9.216%, (21.193% - 30-day SOFR Average x 3.286), 2/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24315 | &nbsp;&nbsp;&nbsp;&nbsp; 25234877 |
| &nbsp;&nbsp;&nbsp;Series 2025-40, Class SZ, 6.00%, 10/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1744 | &nbsp;&nbsp;&nbsp;&nbsp; 1742171 |
| &nbsp;&nbsp;&nbsp;Series 2025-85, Class TH, 7.20%, (21.30% - 30-day SOFR Average x 3.00), 10/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46480 | &nbsp;&nbsp;&nbsp;&nbsp; 47399228 |
| &nbsp;&nbsp;&nbsp;Series 2025-85, Class TN, 6.60%, (36.60% - 30-day SOFR Average x 6.00), 10/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23959 | &nbsp;&nbsp;&nbsp;&nbsp; 23664780 |
| &nbsp;&nbsp;&nbsp;Series 2025-88, Class ZN, 6.00%, 9/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10365 | &nbsp;&nbsp;&nbsp;&nbsp; 10336676 |
| &nbsp;&nbsp;&nbsp;Series 2025-97, Class CZ, 6.00%, 11/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1624 | &nbsp;&nbsp;&nbsp;&nbsp; 1611365 |
| &nbsp;&nbsp;&nbsp;Series 2025-97, Class ZD, 6.00%, 11/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5317 | &nbsp;&nbsp;&nbsp;&nbsp; 5318775 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2026-21, Class SJ, 8.538%, (18.563% - 30-day SOFR Average x 2.75), 12/25/55<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18125 | &nbsp;&nbsp;$19263780 |
| &nbsp;&nbsp;&nbsp;Series 2026-24, Class SC, 6.41%, (13.70% - 30-day SOFR Average x 2.00), 1/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9474 | &nbsp;&nbsp;&nbsp;&nbsp; 9434426 |
| &nbsp;&nbsp;&nbsp;Series 2026-30, Class SA, 8.239%, (18.288% - 30-day SOFR Average x 2.75), 5/25/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;&nbsp; 23762006 |
| &nbsp;&nbsp;&nbsp;Series 2026-34, Class SA, 7.912%, (15.95% - 30-day SOFR Average x 2.20), 5/25/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12727 | &nbsp;&nbsp;&nbsp;&nbsp; 13179463 |
| &nbsp;&nbsp;&nbsp;Series 2026-34, Class SB, 8.022%, (16.06% - 30-day SOFR Average x 2.20), 5/25/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13182 | &nbsp;&nbsp;&nbsp;&nbsp; 13776572 |
| &nbsp;&nbsp;&nbsp;Series 2026-38, Class SA, (18.563% - 30-day SOFR Average x 2.75), 6/25/56<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13182 | &nbsp;&nbsp;&nbsp;&nbsp; 13788618 |
| Interest Only:<sup>(7)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2004-46, Class SI, 2.24%, (5.886% - 30-day SOFR Average), 5/25/34<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383 | &nbsp;&nbsp;&nbsp;&nbsp; 12349 |
| &nbsp;&nbsp;&nbsp;Series 2005-17, Class SA, 2.94%, (6.586% - 30-day SOFR Average), 3/25/35<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574 | &nbsp;&nbsp;&nbsp;&nbsp; 43792 |
| &nbsp;&nbsp;&nbsp;Series 2005-105, Class S, 2.94%, (6.586% - 30-day SOFR Average), 12/25/35<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469 | &nbsp;&nbsp;&nbsp;&nbsp; 32140 |
| &nbsp;&nbsp;&nbsp;Series 2006-44, Class IS, 2.84%, (6.486% - 30-day SOFR Average), 6/25/36<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430 | &nbsp;&nbsp;&nbsp;&nbsp; 31893 |
| &nbsp;&nbsp;&nbsp;Series 2006-65, Class PS, 3.46%, (7.106% - 30-day SOFR Average), 7/25/36<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418 | &nbsp;&nbsp;&nbsp;&nbsp; 41464 |
| &nbsp;&nbsp;&nbsp;Series 2006-96, Class SN, 3.44%, (7.086% - 30-day SOFR Average), 10/25/36<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364 | &nbsp;&nbsp;&nbsp;&nbsp; 23222 |
| &nbsp;&nbsp;&nbsp;Series 2006-104, Class SD, 2.88%, (6.526% - 30-day SOFR Average), 11/25/36<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp; 34848 |
| &nbsp;&nbsp;&nbsp;Series 2006-104, Class SE, 2.87%, (6.516% - 30-day SOFR Average), 11/25/36<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314 | &nbsp;&nbsp;&nbsp;&nbsp; 22687 |
| &nbsp;&nbsp;&nbsp;Series 2007-50, Class LS, 2.69%, (6.336% - 30-day SOFR Average), 6/25/37<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724 | &nbsp;&nbsp;&nbsp;&nbsp; 63366 |
| &nbsp;&nbsp;&nbsp;Series 2008-26, Class SA, 2.44%, (6.086% - 30-day SOFR Average), 4/25/38<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765 | &nbsp;&nbsp;&nbsp;&nbsp; 59673 |
| &nbsp;&nbsp;&nbsp;Series 2008-61, Class S, 2.34%, (5.986% - 30-day SOFR Average), 7/25/38<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1157 | &nbsp;&nbsp;&nbsp;&nbsp; 57031 |
| &nbsp;&nbsp;&nbsp;Series 2011-104, Class IM, 3.50%, 10/25/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 62 |
| &nbsp;&nbsp;&nbsp;Series 2012-52, Class DI, 3.50%, 5/25/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 917 |
| &nbsp;&nbsp;&nbsp;Series 2012-124, Class IO, 1.663%, 11/25/42<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1527 | &nbsp;&nbsp;&nbsp;&nbsp; 61402 |
| &nbsp;&nbsp;&nbsp;Series 2012-139, Class LS, 2.382%, (6.036% - 30-day SOFR Average), 12/25/42<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1921 | &nbsp;&nbsp;&nbsp;&nbsp; 236228 |
| &nbsp;&nbsp;&nbsp;Series 2012-147, Class SA, 2.34%, (5.986% - 30-day SOFR Average), 1/25/43<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2033 | &nbsp;&nbsp;&nbsp;&nbsp; 192563 |
| &nbsp;&nbsp;&nbsp;Series 2012-150, Class PS, 2.39%, (6.036% - 30-day SOFR Average), 1/25/43<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3023 | &nbsp;&nbsp;&nbsp;&nbsp; 295521 |
| &nbsp;&nbsp;&nbsp;Series 2012-150, Class SK, 2.39%, (6.036% - 30-day SOFR Average), 1/25/43<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3349 | &nbsp;&nbsp;&nbsp;&nbsp; 345071 |
| &nbsp;&nbsp;&nbsp;Series 2013-11, Class IO, 4.00%, 1/25/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5029 | &nbsp;&nbsp;&nbsp;&nbsp; 538551 |
| &nbsp;&nbsp;&nbsp;Series 2013-12, Class SP, 1.89%, (5.536% - 30-day SOFR Average), 11/25/41<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 1346 |

---

*23*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013-15, Class DS, 2.44%, (6.086% - 30-day SOFR Average), 3/25/33<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1665 | &nbsp;&nbsp;$90184 |
| &nbsp;&nbsp;&nbsp;Series 2013-23, Class CS, 2.49%, (6.136% - 30-day SOFR Average), 3/25/33<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880 | &nbsp;&nbsp;&nbsp;&nbsp; 48520 |
| &nbsp;&nbsp;&nbsp;Series 2013-64, Class PS, 2.49%, (6.136% - 30-day SOFR Average), 4/25/43<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1201 | &nbsp;&nbsp;&nbsp;&nbsp; 82963 |
| &nbsp;&nbsp;&nbsp;Series 2013-66, Class JI, 3.00%, 7/25/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2339 | &nbsp;&nbsp;&nbsp;&nbsp; 339767 |
| &nbsp;&nbsp;&nbsp;Series 2013-75, Class SC, 2.49%, (6.136% - 30-day SOFR Average), 7/25/42<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919 | &nbsp;&nbsp;&nbsp;&nbsp; 15319 |
| &nbsp;&nbsp;&nbsp;Series 2014-32, Class EI, 4.00%, 6/25/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595 | &nbsp;&nbsp;&nbsp;&nbsp; 107262 |
| &nbsp;&nbsp;&nbsp;Series 2014-41, Class SA, 2.29%, (5.936% - 30-day SOFR Average), 7/25/44<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;934 | &nbsp;&nbsp;&nbsp;&nbsp; 118943 |
| &nbsp;&nbsp;&nbsp;Series 2014-43, Class PS, 2.34%, (5.986% - 30-day SOFR Average), 3/25/42<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;643 | &nbsp;&nbsp;&nbsp;&nbsp; 33512 |
| &nbsp;&nbsp;&nbsp;Series 2014-55, Class IN, 3.50%, 7/25/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1336 | &nbsp;&nbsp;&nbsp;&nbsp; 241404 |
| &nbsp;&nbsp;&nbsp;Series 2014-67, Class IH, 4.00%, 10/25/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;899 | &nbsp;&nbsp;&nbsp;&nbsp; 184130 |
| &nbsp;&nbsp;&nbsp;Series 2014-80, Class CI, 3.50%, 12/25/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747 | &nbsp;&nbsp;&nbsp;&nbsp; 137105 |
| &nbsp;&nbsp;&nbsp;Series 2014-89, Class IO, 3.50%, 1/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1326 | &nbsp;&nbsp;&nbsp;&nbsp; 244188 |
| &nbsp;&nbsp;&nbsp;Series 2015-6, Class IM, 0.321%, (5.181% - 30-day SOFR Average x 1.333), 6/25/43<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1960 | &nbsp;&nbsp;&nbsp;&nbsp; 59170 |
| &nbsp;&nbsp;&nbsp;Series 2015-14, Class KI, 3.00%, 3/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp; 264388 |
| &nbsp;&nbsp;&nbsp;Series 2015-22, Class GI, 3.50%, 4/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431 | &nbsp;&nbsp;&nbsp;&nbsp; 76385 |
| &nbsp;&nbsp;&nbsp;Series 2015-31, Class SG, 2.34%, (5.986% - 30-day SOFR Average), 5/25/45<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2117 | &nbsp;&nbsp;&nbsp;&nbsp; 294733 |
| &nbsp;&nbsp;&nbsp;Series 2015-36, Class IL, 3.00%, 6/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1173 | &nbsp;&nbsp;&nbsp;&nbsp; 163585 |
| &nbsp;&nbsp;&nbsp;Series 2015-52, Class MI, 3.50%, 7/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2315 | &nbsp;&nbsp;&nbsp;&nbsp; 424032 |
| &nbsp;&nbsp;&nbsp;Series 2015-93, Class BS, 2.39%, (6.036% - 30-day SOFR Average), 8/25/45<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;959 | &nbsp;&nbsp;&nbsp;&nbsp; 66296 |
| &nbsp;&nbsp;&nbsp;Series 2018-21, Class IO, 3.00%, 4/25/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3129 | &nbsp;&nbsp;&nbsp;&nbsp; 506585 |
| &nbsp;&nbsp;&nbsp;Series 2021-94, Class CI, 3.00%, 1/25/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9005 | &nbsp;&nbsp;&nbsp;&nbsp; 1497149 |
| &nbsp;&nbsp;&nbsp;Series 2023-39, Class AI, 2.00%, 7/25/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82879 | &nbsp;&nbsp;&nbsp;&nbsp; 10527764 |
| Federal National Mortgage Association Connecticut Avenue Securities: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-R06, Class 2B1, 7.51%, (30-day SOFR Average + 3.864%), 9/25/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686 | &nbsp;&nbsp;&nbsp;&nbsp; 694230 |
| &nbsp;&nbsp;&nbsp;Series 2021-R01, Class 1B2, 9.645%, (30-day SOFR Average + 6.00%), 10/25/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;&nbsp;&nbsp; 8694571 |
| FIGRE Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-HE2, Class A, 6.512%, 5/25/53<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3051 | &nbsp;&nbsp;&nbsp;&nbsp; 3115627 |
| &nbsp;&nbsp;&nbsp;Series 2023-HE3, Class A, 6.436%, 11/25/53<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2882 | &nbsp;&nbsp;&nbsp;&nbsp; 2937732 |
| &nbsp;&nbsp;&nbsp;Series 2024-HE1, Class C, 6.749%, 3/25/54<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875 | &nbsp;&nbsp;&nbsp;&nbsp; 892306 |
| &nbsp;&nbsp;&nbsp;Series 2024-HE2, Class C, 6.72%, 5/25/54<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1193 | &nbsp;&nbsp;&nbsp;&nbsp; 1218721 |
| Flagstar Mortgage Trust, Series 2021-6INV, Class B4, 3.475%, 8/25/51<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3961 | &nbsp;&nbsp;&nbsp;&nbsp; 3313659 |
| FREED Mortgage Trust, Series 2022-HE1, Class A, 7.00%, 10/25/37<sup>(1)</sup><sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1123 | &nbsp;&nbsp;&nbsp;&nbsp; 1149505 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| GMAC Financiera SA de CV Sociedad Financiera de Objeto Ltdo, Series 2007-2U, Class A, 3.99%, 3/25/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619665 | &nbsp;&nbsp;$6598026 |
| Government National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-139, Class ZJ, 2.50%, 8/20/51 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1815 | &nbsp;&nbsp;&nbsp;&nbsp; 1110380 |
| &nbsp;&nbsp;&nbsp;Series 2022-31, Class ZD, 3.00%, 2/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304 | &nbsp;&nbsp;&nbsp;&nbsp; 169108 |
| &nbsp;&nbsp;&nbsp;Series 2022-173, Class S, 9.386%, (22.733% - 30-day SOFR Average x 3.667), 10/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5114 | &nbsp;&nbsp;&nbsp;&nbsp; 5513540 |
| &nbsp;&nbsp;&nbsp;Series 2022-189, Class US, 9.386%, (22.733% - 30-day SOFR Average x 3.667), 11/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7597 | &nbsp;&nbsp;&nbsp;&nbsp; 8208823 |
| &nbsp;&nbsp;&nbsp;Series 2022-195, Class AS, 9.657%, (23.125% - 30-day SOFR Average x 3.70), 11/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3499 | &nbsp;&nbsp;&nbsp;&nbsp; 3859149 |
| &nbsp;&nbsp;&nbsp;Series 2022-197, Class SW, 7.584%, (16.32% - 30-day SOFR Average x 2.40), 11/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4677 | &nbsp;&nbsp;&nbsp;&nbsp; 4787931 |
| &nbsp;&nbsp;&nbsp;Series 2023-53, Class AL, 5.50%, 4/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp; 20302143 |
| &nbsp;&nbsp;&nbsp;Series 2023-53, Class SE, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 4/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9859 | &nbsp;&nbsp;&nbsp;&nbsp; 10468986 |
| &nbsp;&nbsp;&nbsp;Series 2023-56, Class ZE, 6.00%, 4/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18700 | &nbsp;&nbsp;&nbsp;&nbsp; 19256238 |
| &nbsp;&nbsp;&nbsp;Series 2023-63, Class LB, 6.00%, 5/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12347 | &nbsp;&nbsp;&nbsp;&nbsp; 12771596 |
| &nbsp;&nbsp;&nbsp;Series 2023-63, Class S, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19116 | &nbsp;&nbsp;&nbsp;&nbsp; 20287186 |
| &nbsp;&nbsp;&nbsp;Series 2023-64, Class LB, 6.00%, 5/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5036 | &nbsp;&nbsp;&nbsp;&nbsp; 5209493 |
| &nbsp;&nbsp;&nbsp;Series 2023-65, Class SB, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4471 | &nbsp;&nbsp;&nbsp;&nbsp; 4697138 |
| &nbsp;&nbsp;&nbsp;Series 2023-65, Class SD, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9612 | &nbsp;&nbsp;&nbsp;&nbsp; 10286559 |
| &nbsp;&nbsp;&nbsp;Series 2023-66, Class S, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3527 | &nbsp;&nbsp;&nbsp;&nbsp; 3737462 |
| &nbsp;&nbsp;&nbsp;Series 2023-66, Class SD, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3148 | &nbsp;&nbsp;&nbsp;&nbsp; 3336123 |
| &nbsp;&nbsp;&nbsp;Series 2023-83, Class S, 9.109%, (22.868% - 30-day SOFR Average x 3.78), 6/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4025 | &nbsp;&nbsp;&nbsp;&nbsp; 4259775 |
| &nbsp;&nbsp;&nbsp;Series 2023-84, Class MW, 6.00%, 6/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5478 | &nbsp;&nbsp;&nbsp;&nbsp; 5648726 |
| &nbsp;&nbsp;&nbsp;Series 2023-84, Class SN, 9.028%, (22.387% - 30-day SOFR Average x 3.67), 6/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4191 | &nbsp;&nbsp;&nbsp;&nbsp; 4418688 |
| &nbsp;&nbsp;&nbsp;Series 2023-89, Class SD, 8.836%, (22.183% - 30-day SOFR Average x 3.667), 6/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6022 | &nbsp;&nbsp;&nbsp;&nbsp; 6262011 |
| &nbsp;&nbsp;&nbsp;Series 2023-96, Class BL, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10339705 |
| &nbsp;&nbsp;&nbsp;Series 2023-96, Class DB, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp; 8274146 |
| &nbsp;&nbsp;&nbsp;Series 2023-97, Class CB, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp; 20559915 |
| &nbsp;&nbsp;&nbsp;Series 2023-99, Class AL, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3102764 |
| &nbsp;&nbsp;&nbsp;Series 2023-100, Class AY, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13236 | &nbsp;&nbsp;&nbsp;&nbsp; 13687699 |
| &nbsp;&nbsp;&nbsp;Series 2023-100, Class JL, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11099 | &nbsp;&nbsp;&nbsp;&nbsp; 11474379 |
| &nbsp;&nbsp;&nbsp;Series 2023-107, Class DZ, 5.50%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7955 | &nbsp;&nbsp;&nbsp;&nbsp; 7940631 |

---

*24*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-116, Class CY, 6.00%, 8/20/53 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2618 | &nbsp;&nbsp;$2707179 |
| &nbsp;&nbsp;&nbsp;Series 2023-133, Class S, 10.68%, (21.60% - 30-day SOFR Average x 3.00), 9/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp; 7862465 |
| &nbsp;&nbsp;&nbsp;Series 2023-146, Class BY, 6.00%, 10/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5318 | &nbsp;&nbsp;&nbsp;&nbsp; 5497624 |
| &nbsp;&nbsp;&nbsp;Series 2023-149, Class S, 10.53%, (21.45% - 30-day SOFR Average x 3.00), 10/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3983 | &nbsp;&nbsp;&nbsp;&nbsp; 4390093 |
| &nbsp;&nbsp;&nbsp;Series 2023-150, Class AS, 13.513%, (27.528% - 30-day SOFR Average x 3.85), 10/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1433 | &nbsp;&nbsp;&nbsp;&nbsp; 1669316 |
| &nbsp;&nbsp;&nbsp;Series 2023-150, Class ZH, 6.00%, 10/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2578 | &nbsp;&nbsp;&nbsp;&nbsp; 2682720 |
| &nbsp;&nbsp;&nbsp;Series 2023-151, Class DZ, 6.00%, 10/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6542 | &nbsp;&nbsp;&nbsp;&nbsp; 6759146 |
| &nbsp;&nbsp;&nbsp;Series 2023-153, Class SM, 13.439%, (28.00% - 30-day SOFR Average x 4.00), 10/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4415 | &nbsp;&nbsp;&nbsp;&nbsp; 5110829 |
| &nbsp;&nbsp;&nbsp;Series 2023-164, Class EL, 6.00%, 11/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9325 | &nbsp;&nbsp;&nbsp;&nbsp; 9615141 |
| &nbsp;&nbsp;&nbsp;Series 2023-165, Class DY, 6.00%, 11/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80788 | &nbsp;&nbsp;&nbsp;&nbsp; 82964400 |
| &nbsp;&nbsp;&nbsp;Series 2023-165, Class EY, 6.50%, 11/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp; 25998751 |
| &nbsp;&nbsp;&nbsp;Series 2023-169, Class JW, 6.50%, 11/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5220090 |
| &nbsp;&nbsp;&nbsp;Series 2023-173, Class AX, 6.00%, 11/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8555 | &nbsp;&nbsp;&nbsp;&nbsp; 8820322 |
| &nbsp;&nbsp;&nbsp;Series 2023-182, Class EL, 6.00%, 12/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12883 | &nbsp;&nbsp;&nbsp;&nbsp; 13281040 |
| &nbsp;&nbsp;&nbsp;Series 2023-186, Class HL, 6.00%, 12/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5445 | &nbsp;&nbsp;&nbsp;&nbsp; 5630980 |
| &nbsp;&nbsp;&nbsp;Series 2023-186, Class ZM, 5.50%, 12/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34098 | &nbsp;&nbsp;&nbsp;&nbsp; 34417770 |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class GL, 6.00%, 1/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2582460 |
| &nbsp;&nbsp;&nbsp;Series 2024-3, Class CY, 6.00%, 1/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2073 | &nbsp;&nbsp;&nbsp;&nbsp; 2140737 |
| &nbsp;&nbsp;&nbsp;Series 2024-6, Class CB, 6.00%, 1/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5151736 |
| &nbsp;&nbsp;&nbsp;Series 2024-6, Class LB, 6.00%, 1/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6784 | &nbsp;&nbsp;&nbsp;&nbsp; 7015071 |
| &nbsp;&nbsp;&nbsp;Series 2024-14, Class CY, 5.50%, 1/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12142 | &nbsp;&nbsp;&nbsp;&nbsp; 12336349 |
| &nbsp;&nbsp;&nbsp;Series 2024-23, Class KZ, 5.50%, 2/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11263 | &nbsp;&nbsp;&nbsp;&nbsp; 11289706 |
| &nbsp;&nbsp;&nbsp;Series 2024-24, Class NZ, 6.00%, 2/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3555 | &nbsp;&nbsp;&nbsp;&nbsp; 3659123 |
| &nbsp;&nbsp;&nbsp;Series 2024-25, Class GL, 6.00%, 2/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2804 | &nbsp;&nbsp;&nbsp;&nbsp; 2897652 |
| &nbsp;&nbsp;&nbsp;Series 2024-26, Class NZ, 6.00%, 2/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16298 | &nbsp;&nbsp;&nbsp;&nbsp; 16869473 |
| &nbsp;&nbsp;&nbsp;Series 2024-40, Class DB, 6.00%, 1/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1906 | &nbsp;&nbsp;&nbsp;&nbsp; 1969047 |
| &nbsp;&nbsp;&nbsp;Series 2024-42, Class DZ, 6.00%, 3/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9867 | &nbsp;&nbsp;&nbsp;&nbsp; 10086605 |
| &nbsp;&nbsp;&nbsp;Series 2024-44, Class LM, 6.00%, 3/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24976 | &nbsp;&nbsp;&nbsp;&nbsp; 25811990 |
| &nbsp;&nbsp;&nbsp;Series 2024-44, Class ML, 6.00%, 3/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10835 | &nbsp;&nbsp;&nbsp;&nbsp; 11197752 |
| &nbsp;&nbsp;&nbsp;Series 2024-45, Class DN, 6.00%, 3/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4214 | &nbsp;&nbsp;&nbsp;&nbsp; 4354818 |
| &nbsp;&nbsp;&nbsp;Series 2024-46, Class AL, 6.00%, 3/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30945 | &nbsp;&nbsp;&nbsp;&nbsp; 31978379 |
| &nbsp;&nbsp;&nbsp;Series 2024-59, Class LG, 6.00%, 4/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12663 | &nbsp;&nbsp;&nbsp;&nbsp; 13098527 |
| &nbsp;&nbsp;&nbsp;Series 2024-81, Class HZ, 6.00%, 5/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6359 | &nbsp;&nbsp;&nbsp;&nbsp; 6582389 |
| &nbsp;&nbsp;&nbsp;Series 2024-95, Class GZ, 5.50%, 6/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10789 | &nbsp;&nbsp;&nbsp;&nbsp; 10899816 |
| &nbsp;&nbsp;&nbsp;Series 2024-99, Class DZ, 6.00%, 6/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4109 | &nbsp;&nbsp;&nbsp;&nbsp; 4253566 |
| &nbsp;&nbsp;&nbsp;Series 2024-108, Class KZ, 6.00%, 7/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42444 | &nbsp;&nbsp;&nbsp;&nbsp; 43927012 |
| &nbsp;&nbsp;&nbsp;Series 2024-112, Class EZ, 6.00%, 7/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2443 | &nbsp;&nbsp;&nbsp;&nbsp; 2528599 |
| &nbsp;&nbsp;&nbsp;Series 2024-112, Class LZ, 6.00%, 7/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3092 | &nbsp;&nbsp;&nbsp;&nbsp; 3199742 |
| &nbsp;&nbsp;&nbsp;Series 2024-126, Class KY, 6.00%, 8/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5176 | &nbsp;&nbsp;&nbsp;&nbsp; 5263320 |
| &nbsp;&nbsp;&nbsp;Series 2024-126, Class ZB, 6.00%, 8/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8586 | &nbsp;&nbsp;&nbsp;&nbsp; 8881708 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-127, Class UZ, 6.00%, 8/20/54 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18109 | &nbsp;&nbsp;$18519803 |
| &nbsp;&nbsp;&nbsp;Series 2024-127, Class ZQ, 5.00%, 8/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6462 | &nbsp;&nbsp;&nbsp;&nbsp; 6377900 |
| &nbsp;&nbsp;&nbsp;Series 2024-131, Class TL, 6.00%, 8/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5100 | &nbsp;&nbsp;&nbsp;&nbsp; 5191487 |
| &nbsp;&nbsp;&nbsp;Series 2024-132, Class AZ, 6.00%, 8/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5394 | &nbsp;&nbsp;&nbsp;&nbsp; 5583468 |
| &nbsp;&nbsp;&nbsp;Series 2024-148, Class GB, 6.00%, 9/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5564 | &nbsp;&nbsp;&nbsp;&nbsp; 5706614 |
| &nbsp;&nbsp;&nbsp;Series 2024-148, Class LZ, 5.50%, 9/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16506 | &nbsp;&nbsp;&nbsp;&nbsp; 16362779 |
| &nbsp;&nbsp;&nbsp;Series 2024-167, Class LZ, 5.50%, 10/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9121 | &nbsp;&nbsp;&nbsp;&nbsp; 9036163 |
| &nbsp;&nbsp;&nbsp;Series 2024-167, Class MZ, 5.50%, 10/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5566 | &nbsp;&nbsp;&nbsp;&nbsp; 5522977 |
| &nbsp;&nbsp;&nbsp;Series 2024-167, Class NZ, 6.00%, 10/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1397 | &nbsp;&nbsp;&nbsp;&nbsp; 1443367 |
| &nbsp;&nbsp;&nbsp;Series 2024-172, Class BZ, 5.50%, 10/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9379 | &nbsp;&nbsp;&nbsp;&nbsp; 9288146 |
| &nbsp;&nbsp;&nbsp;Series 2024-183, Class ZA, 6.00%, 8/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6868 | &nbsp;&nbsp;&nbsp;&nbsp; 7108869 |
| &nbsp;&nbsp;&nbsp;Series 2024-196, Class Z, 5.50%, 12/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3097 | &nbsp;&nbsp;&nbsp;&nbsp; 3052364 |
| &nbsp;&nbsp;&nbsp;Series 2025-39, Class CM, 7.54%, (30-day SOFR Average + 3.90%), 3/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16303 | &nbsp;&nbsp;&nbsp;&nbsp; 16553100 |
| &nbsp;&nbsp;&nbsp;Series 2025-41, Class MT, 6.574%, (30-day SOFR Average + 2.933%), 3/20/65<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11626 | &nbsp;&nbsp;&nbsp;&nbsp; 11775483 |
| &nbsp;&nbsp;&nbsp;Series 2025-41, Class QM, 7.54%, (30-day SOFR Average + 3.90%), 3/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6727 | &nbsp;&nbsp;&nbsp;&nbsp; 6830332 |
| &nbsp;&nbsp;&nbsp;Series 2025-44, Class HZ, 6.00%, 3/20/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5748 | &nbsp;&nbsp;&nbsp;&nbsp; 5946105 |
| &nbsp;&nbsp;&nbsp;Series 2025-62, Class FM, 7.84%, (30-day SOFR Average + 4.20%), 4/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24226 | &nbsp;&nbsp;&nbsp;&nbsp; 24801885 |
| &nbsp;&nbsp;&nbsp;Series 2025-62, Class MF, 7.84%, (30-day SOFR Average + 4.20%), 4/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10274 | &nbsp;&nbsp;&nbsp;&nbsp; 10401826 |
| &nbsp;&nbsp;&nbsp;Series 2025-63, Class FT, 8.00%, (26.40% - 30-day SOFR Average x 4.00, Cap 8.00%), 4/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6781 | &nbsp;&nbsp;&nbsp;&nbsp; 6902403 |
| &nbsp;&nbsp;&nbsp;Series 2025-64, Class FM, 7.90%, (30-day SOFR Average + 4.26%), 4/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13545 | &nbsp;&nbsp;&nbsp;&nbsp; 13892196 |
| &nbsp;&nbsp;&nbsp;Series 2025-69, Class VN, 10.00%, (68.667% - 30-day SOFR Average x 13.333, Cap 10.00%), 4/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10059 | &nbsp;&nbsp;&nbsp;&nbsp; 10368148 |
| &nbsp;&nbsp;&nbsp;Series 2025-82, Class FL, 8.14%, (30-day SOFR Average + 4.50%), 5/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3669 | &nbsp;&nbsp;&nbsp;&nbsp; 3747329 |
| &nbsp;&nbsp;&nbsp;Series 2025-83, Class MU, 7.94%, (30-day SOFR Average + 4.30%), 4/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16679 | &nbsp;&nbsp;&nbsp;&nbsp; 16964152 |
| &nbsp;&nbsp;&nbsp;Series 2025-90, Class MB, 7.94%, (30-day SOFR Average + 4.30%), 5/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12355 | &nbsp;&nbsp;&nbsp;&nbsp; 12566039 |
| &nbsp;&nbsp;&nbsp;Series 2025-98, Class GT, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 6/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48527 | &nbsp;&nbsp;&nbsp;&nbsp; 50718854 |
| &nbsp;&nbsp;&nbsp;Series 2025-98, Class TA, 8.70%, (34.50% - 30-day SOFR Average x 6.00), 6/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11722 | &nbsp;&nbsp;&nbsp;&nbsp; 12051614 |
| &nbsp;&nbsp;&nbsp;Series 2025-98, Class TE, 8.40%, (25.60% - 30-day SOFR Average x 4.00), 6/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11956 | &nbsp;&nbsp;&nbsp;&nbsp; 12342525 |
| &nbsp;&nbsp;&nbsp;Series 2025-98, Class TK, 8.52%, (25.72% - 30-day SOFR Average x 4.00), 6/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7385 | &nbsp;&nbsp;&nbsp;&nbsp; 7675586 |
| &nbsp;&nbsp;&nbsp;Series 2025-105, Class TA, 8.40%, (25.60% - 30-day SOFR Average x 4.00), 6/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22759 | &nbsp;&nbsp;&nbsp;&nbsp; 23544116 |
| &nbsp;&nbsp;&nbsp;Series 2025-105, Class TM, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 6/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26022 | &nbsp;&nbsp;&nbsp;&nbsp; 27110294 |
| &nbsp;&nbsp;&nbsp;Series 2025-110, Class DT, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 6/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17817 | &nbsp;&nbsp;&nbsp;&nbsp; 18532487 |

---

*25*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-114, Class GT, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 7/20/55<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72892 | &nbsp;&nbsp;$75908134 |
| &nbsp;&nbsp;&nbsp;Series 2025-115, Class F, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 7/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31721 | &nbsp;&nbsp;&nbsp;&nbsp; 33048219 |
| &nbsp;&nbsp;&nbsp;Series 2025-118, Class SP, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 7/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19948 | &nbsp;&nbsp;&nbsp;&nbsp; 19821294 |
| &nbsp;&nbsp;&nbsp;Series 2025-134, Class GZ, 6.00%, 8/20/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4093 | &nbsp;&nbsp;&nbsp;&nbsp; 4133496 |
| &nbsp;&nbsp;&nbsp;Series 2025-139, Class MT, 6.94%, (30-day SOFR Average + 3.30%), 4/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7101 | &nbsp;&nbsp;&nbsp;&nbsp; 7220965 |
| &nbsp;&nbsp;&nbsp;Series 2025-150, Class GZ, 6.00%, 8/20/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3067 | &nbsp;&nbsp;&nbsp;&nbsp; 3050958 |
| &nbsp;&nbsp;&nbsp;Series 2025-174, Class TC, 7.60%, (26.40% - 30-day SOFR Average x 4.00), 10/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29602 | &nbsp;&nbsp;&nbsp;&nbsp; 30342681 |
| &nbsp;&nbsp;&nbsp;Series 2025-174, Class TH, 7.50%, (36.00% - 30-day SOFR Average x 6.00), 9/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14064 | &nbsp;&nbsp;&nbsp;&nbsp; 14305477 |
| &nbsp;&nbsp;&nbsp;Series 2025-205, Class SP, 9.954%, (29.975% - 30-day SOFR Average x 5.50), 11/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104509 | &nbsp;&nbsp;&nbsp;&nbsp; 111804367 |
| &nbsp;&nbsp;&nbsp;Series 2026-5, Class PS, 9.954%, (29.975% - 30-day SOFR Average x 5.50), 1/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110688 | &nbsp;&nbsp;&nbsp;&nbsp; 119580679 |
| &nbsp;&nbsp;&nbsp;Series 2026-5, Class QS, 10.229%, (30.25% - 30-day SOFR Average x 5.50), 1/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88483 | &nbsp;&nbsp;&nbsp;&nbsp; 96165014 |
| &nbsp;&nbsp;&nbsp;Series 2026-28, Class PS, 10.229%, (30.25% - 30-day SOFR Average x 5.50), 2/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45574 | &nbsp;&nbsp;&nbsp;&nbsp; 48526563 |
| &nbsp;&nbsp;&nbsp;Series 2026-28, Class QS, 9.643%, (22.99% - 30-day SOFR Average x 3.667), 2/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19153 | &nbsp;&nbsp;&nbsp;&nbsp; 20110970 |
| &nbsp;&nbsp;&nbsp;Series 2026-28, Class SC, 9.643%, (22.99% - 30-day SOFR Average x 3.667), 2/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19153 | &nbsp;&nbsp;&nbsp;&nbsp; 20110970 |
| &nbsp;&nbsp;&nbsp;Series 2026-44, Class LS, 9.57%, (22.917% - 30-day SOFR Average x 3.667), 3/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34455 | &nbsp;&nbsp;&nbsp;&nbsp; 36726809 |
| &nbsp;&nbsp;&nbsp;Series 2026-44, Class US, 9.57%, (22.917% - 30-day SOFR Average x 3.667), 2/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100523 | &nbsp;&nbsp;&nbsp;&nbsp; 107285072 |
| &nbsp;&nbsp;&nbsp;Series 2026-47, Class AS, 9.57%, (22.917% - 30-day SOFR Average x 3.667), 3/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50577 | &nbsp;&nbsp;&nbsp;&nbsp; 53795905 |
| &nbsp;&nbsp;&nbsp;Series 2026-47, Class SA, 9.57%, (22.917% - 30-day SOFR Average x 3.667), 3/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40169 | &nbsp;&nbsp;&nbsp;&nbsp; 42806489 |
| &nbsp;&nbsp;&nbsp;Series 2026-48, Class BS, 9.57%, (22.917% - 30-day SOFR Average x 3.667), 3/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23016 | &nbsp;&nbsp;&nbsp;&nbsp; 24533736 |
| &nbsp;&nbsp;&nbsp;Series 2026-50, Class SM, 9.386%, (22.733% - 30-day SOFR Average x 3.667), 3/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23942 | &nbsp;&nbsp;&nbsp;&nbsp; 25222584 |
| &nbsp;&nbsp;&nbsp;Series 2026-51, Class ZK, 6.00%, 3/20/56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21562 | &nbsp;&nbsp;&nbsp;&nbsp; 21440218 |
| &nbsp;&nbsp;&nbsp;Series 2026-63, Class SW, 9.198%, (21.95% - 30-day SOFR Average x 3.50), 4/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33941 | &nbsp;&nbsp;&nbsp;&nbsp; 36406846 |
| &nbsp;&nbsp;&nbsp;Series 2026-80, Class QS, (21.775% - 30-day SOFR Average x 3.50), 5/20/56<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47300 | &nbsp;&nbsp;&nbsp;&nbsp; 50256250 |
| &nbsp;&nbsp;&nbsp;Series 2026-80, Class SD, (21.775% - 30-day SOFR Average x 3.50), 5/20/56<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48000 | &nbsp;&nbsp;&nbsp;&nbsp; 51000000 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2026-82, Class SC, (21.60% - 30-day SOFR Average x 3.50), 5/20/56<sup>(6)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27500 | &nbsp;&nbsp;$29162072 |
| Interest Only:<sup>(7)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2014-68, Class KI, 1.33%, 10/20/42<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1678 | &nbsp;&nbsp;&nbsp;&nbsp; 58200 |
| &nbsp;&nbsp;&nbsp;Series 2017-104, Class SD, 2.425%, (6.086% - 1 mo. SOFR), 7/20/47<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3246 | &nbsp;&nbsp;&nbsp;&nbsp; 370094 |
| &nbsp;&nbsp;&nbsp;Series 2017-121, Class DS, 0.725%, (4.386% - 1 mo. SOFR), 8/20/47<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2187 | &nbsp;&nbsp;&nbsp;&nbsp; 81597 |
| &nbsp;&nbsp;&nbsp;Series 2017-137, Class AS, 0.725%, (4.386% - 1 mo. SOFR), 9/20/47<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2956 | &nbsp;&nbsp;&nbsp;&nbsp; 108693 |
| &nbsp;&nbsp;&nbsp;Series 2020-116, Class MI, 2.00%, 8/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14073 | &nbsp;&nbsp;&nbsp;&nbsp; 1784560 |
| &nbsp;&nbsp;&nbsp;Series 2020-134, Class LI, 2.50%, 9/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5863 | &nbsp;&nbsp;&nbsp;&nbsp; 848501 |
| &nbsp;&nbsp;&nbsp;Series 2020-146, Class IQ, 2.00%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14355 | &nbsp;&nbsp;&nbsp;&nbsp; 1782551 |
| &nbsp;&nbsp;&nbsp;Series 2020-146, Class QI, 2.00%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7659 | &nbsp;&nbsp;&nbsp;&nbsp; 940414 |
| &nbsp;&nbsp;&nbsp;Series 2020-149, Class NI, 2.50%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11346 | &nbsp;&nbsp;&nbsp;&nbsp; 1754902 |
| &nbsp;&nbsp;&nbsp;Series 2020-151, Class AI, 2.00%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42918 | &nbsp;&nbsp;&nbsp;&nbsp; 5442958 |
| &nbsp;&nbsp;&nbsp;Series 2020-151, Class HI, 2.50%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;984 | &nbsp;&nbsp;&nbsp;&nbsp; 151933 |
| &nbsp;&nbsp;&nbsp;Series 2020-154, Class PI, 2.50%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10045 | &nbsp;&nbsp;&nbsp;&nbsp; 1532721 |
| &nbsp;&nbsp;&nbsp;Series 2020-167, Class KI, 2.00%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23826 | &nbsp;&nbsp;&nbsp;&nbsp; 2957471 |
| &nbsp;&nbsp;&nbsp;Series 2020-173, Class DI, 2.00%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17933 | &nbsp;&nbsp;&nbsp;&nbsp; 2277884 |
| &nbsp;&nbsp;&nbsp;Series 2020-176, Class HI, 2.50%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24466 | &nbsp;&nbsp;&nbsp;&nbsp; 3765293 |
| &nbsp;&nbsp;&nbsp;Series 2020-185, Class BI, 2.00%, 12/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6127 | &nbsp;&nbsp;&nbsp;&nbsp; 780233 |
| &nbsp;&nbsp;&nbsp;Series 2020-191, Class AI, 2.00%, 12/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23004 | &nbsp;&nbsp;&nbsp;&nbsp; 2924802 |
| &nbsp;&nbsp;&nbsp;Series 2021-15, Class AI, 2.00%, 1/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26102 | &nbsp;&nbsp;&nbsp;&nbsp; 3343352 |
| &nbsp;&nbsp;&nbsp;Series 2021-23, Class TI, 2.50%, 2/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9353 | &nbsp;&nbsp;&nbsp;&nbsp; 1420046 |
| &nbsp;&nbsp;&nbsp;Series 2021-30, Class AI, 2.00%, 2/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3277 | &nbsp;&nbsp;&nbsp;&nbsp; 423964 |
| &nbsp;&nbsp;&nbsp;Series 2021-46, Class IM, 2.50%, 3/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2112 | &nbsp;&nbsp;&nbsp;&nbsp; 315182 |
| &nbsp;&nbsp;&nbsp;Series 2021-56, Class SE, 0.00%, (2.30% - 30-day SOFR Average, Floor 0.00%), 10/20/50<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4383 | &nbsp;&nbsp;&nbsp;&nbsp; 22856 |
| &nbsp;&nbsp;&nbsp;Series 2021-77, Class SB, 0.00%, (3.636% - 1 mo. SOFR, Floor 0.00%), 5/20/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9777 | &nbsp;&nbsp;&nbsp;&nbsp; 231110 |
| &nbsp;&nbsp;&nbsp;Series 2021-97, Class IG, 2.50%, 8/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28435 | &nbsp;&nbsp;&nbsp;&nbsp; 3259222 |
| &nbsp;&nbsp;&nbsp;Series 2021-114, Class MI, 3.00%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21664 | &nbsp;&nbsp;&nbsp;&nbsp; 3712146 |
| &nbsp;&nbsp;&nbsp;Series 2021-121, Class TI, 3.00%, 7/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25344 | &nbsp;&nbsp;&nbsp;&nbsp; 3319670 |
| &nbsp;&nbsp;&nbsp;Series 2021-122, Class NI, 3.00%, 7/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4822 | &nbsp;&nbsp;&nbsp;&nbsp; 826782 |
| &nbsp;&nbsp;&nbsp;Series 2021-125, Class SA, 0.00%, (3.636% - 1 mo. SOFR, Floor 0.00%), 7/20/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13149 | &nbsp;&nbsp;&nbsp;&nbsp; 289874 |
| &nbsp;&nbsp;&nbsp;Series 2021-154, Class MI, 3.00%, 9/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34919 | &nbsp;&nbsp;&nbsp;&nbsp; 4954937 |
| &nbsp;&nbsp;&nbsp;Series 2021-160, Class IT, 2.50%, 9/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13523 | &nbsp;&nbsp;&nbsp;&nbsp; 1483998 |
| &nbsp;&nbsp;&nbsp;Series 2021-175, Class AS, 0.00%, (1.686% - 1 mo. SOFR, Floor 0.00%), 10/20/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21458 | &nbsp;&nbsp;&nbsp;&nbsp; 50440 |
| &nbsp;&nbsp;&nbsp;Series 2021-175, Class SB, 0.00%, (1.686% - 1 mo. SOFR, Floor 0.00%), 10/20/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10824 | &nbsp;&nbsp;&nbsp;&nbsp; 25413 |
| &nbsp;&nbsp;&nbsp;Series 2021-193, Class IU, 3.00%, 11/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31982 | &nbsp;&nbsp;&nbsp;&nbsp; 4555814 |
| &nbsp;&nbsp;&nbsp;Series 2021-193, Class YS, 0.00%, (2.45% - 30-day SOFR Average, Floor 0.00%), 11/20/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20245 | &nbsp;&nbsp;&nbsp;&nbsp; 125493 |
| &nbsp;&nbsp;&nbsp;Series 2021-201, Class PI, 3.00%, 11/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19047 | &nbsp;&nbsp;&nbsp;&nbsp; 2159372 |

---

*26*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-209, Class IW, 3.00%, 11/20/51 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14069 | &nbsp;&nbsp;$1879268 |
| &nbsp;&nbsp;&nbsp;Series 2022-104, Class IO, 2.50%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19673 | &nbsp;&nbsp;&nbsp;&nbsp; 2810678 |
| &nbsp;&nbsp;&nbsp;Series 2022-119, Class CS, 0.00%, (3.00% - 30-day SOFR Average, Floor 0.00%), 7/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155432 | &nbsp;&nbsp;&nbsp;&nbsp; 760495 |
| &nbsp;&nbsp;&nbsp;Series 2022-119, Class SC, 0.00%, (3.00% - 30-day SOFR Average, Floor 0.00%), 7/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17270 | &nbsp;&nbsp;&nbsp;&nbsp; 84500 |
| &nbsp;&nbsp;&nbsp;Series 2022-119, Class TA, 0.26%, (3.90% - 30-day SOFR Average), 7/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34540 | &nbsp;&nbsp;&nbsp;&nbsp; 410405 |
| &nbsp;&nbsp;&nbsp;Series 2022-119, Class TI, 0.21%, (3.85% - 30-day SOFR Average), 7/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345403 | &nbsp;&nbsp;&nbsp;&nbsp; 3769250 |
| &nbsp;&nbsp;&nbsp;Series 2022-126, Class AS, 0.05%, (3.69% - 30-day SOFR Average), 7/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46350 | &nbsp;&nbsp;&nbsp;&nbsp; 537012 |
| &nbsp;&nbsp;&nbsp;Series 2022-126, Class SC, 0.09%, (3.73% - 30-day SOFR Average), 7/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34540 | &nbsp;&nbsp;&nbsp;&nbsp; 424376 |
| &nbsp;&nbsp;&nbsp;Series 2022-135, Class SA, 0.00%, (3.00% - 30-day SOFR Average, Floor 0.00%), 6/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100449 | &nbsp;&nbsp;&nbsp;&nbsp; 610902 |
| &nbsp;&nbsp;&nbsp;Series 2023-13, Class SA, 1.76%, (5.40% - 30-day SOFR Average), 1/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5883 | &nbsp;&nbsp;&nbsp;&nbsp; 235027 |
| &nbsp;&nbsp;&nbsp;Series 2023-19, Class SD, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9838 | &nbsp;&nbsp;&nbsp;&nbsp; 659620 |
| &nbsp;&nbsp;&nbsp;Series 2023-20, Class HS, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6765 | &nbsp;&nbsp;&nbsp;&nbsp; 450840 |
| &nbsp;&nbsp;&nbsp;Series 2023-22, Class ES, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9020 | &nbsp;&nbsp;&nbsp;&nbsp; 601120 |
| &nbsp;&nbsp;&nbsp;Series 2023-22, Class SA, 2.06%, (5.70% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11462 | &nbsp;&nbsp;&nbsp;&nbsp; 550063 |
| &nbsp;&nbsp;&nbsp;Series 2023-24, Class SB, 1.51%, (5.15% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18041 | &nbsp;&nbsp;&nbsp;&nbsp; 652086 |
| &nbsp;&nbsp;&nbsp;Series 2023-24, Class SG, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9020 | &nbsp;&nbsp;&nbsp;&nbsp; 601120 |
| &nbsp;&nbsp;&nbsp;Series 2023-32, Class SA, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30443 | &nbsp;&nbsp;&nbsp;&nbsp; 2028780 |
| &nbsp;&nbsp;&nbsp;Series 2023-38, Class LS, 2.66%, (6.30% - 30-day SOFR Average), 3/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28578 | &nbsp;&nbsp;&nbsp;&nbsp; 1863958 |
| &nbsp;&nbsp;&nbsp;Series 2023-38, Class SD, 2.61%, (6.25% - 30-day SOFR Average), 3/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34631 | &nbsp;&nbsp;&nbsp;&nbsp; 2116546 |
| &nbsp;&nbsp;&nbsp;Series 2023-38, Class SG, 2.56%, (6.20% - 30-day SOFR Average), 3/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22616 | &nbsp;&nbsp;&nbsp;&nbsp; 1448887 |
| &nbsp;&nbsp;&nbsp;Series 2023-47, Class HS, 2.66%, (6.30% - 30-day SOFR Average), 3/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9526 | &nbsp;&nbsp;&nbsp;&nbsp; 621319 |
| &nbsp;&nbsp;&nbsp;Series 2023-47, Class SC, 2.61%, (6.25% - 30-day SOFR Average), 3/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14355 | &nbsp;&nbsp;&nbsp;&nbsp; 924708 |
| &nbsp;&nbsp;&nbsp;Series 2023-53, Class SK, 2.56%, (6.20% - 30-day SOFR Average), 4/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19544 | &nbsp;&nbsp;&nbsp;&nbsp; 1243211 |
| &nbsp;&nbsp;&nbsp;Series 2024-64, Class EI, 6.50%, 4/20/64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8928 | &nbsp;&nbsp;&nbsp;&nbsp; 1512457 |
| GS Mortgage-Backed Securities Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-PJ6, Class B4, 3.186%, 1/25/53<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1815 | &nbsp;&nbsp;&nbsp;&nbsp; 1123935 |
| &nbsp;&nbsp;&nbsp;Series 2024-PJ1, Class B3, 6.916%, 6/25/54<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5579 | &nbsp;&nbsp;&nbsp;&nbsp; 5776554 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| GS Mortgage-Backed Securities Trust: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-PJ8, Class B3, 6.532%, 2/25/56<sup>(1)(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3399 | &nbsp;&nbsp;$3329737 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM2, Class B1, 7.282%, 6/25/65<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp; 870868 |
| JPM Lending Facility, 10.649%, (SOFR + 7.00%), 7/15/29<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60225 | &nbsp;&nbsp;&nbsp;&nbsp; 60435727 |
| loanDepot FAMSR Master Trust, Series 2025-FT1, Class A, 6.404%, (1 mo. SOFR + 2.75%), 12/19/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp; 95247382 |
| LoanDepot GMSR Master Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-GT2, Class A, 6.811%, (1 mo. SOFR + 3.15%), 7/16/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp; 20323060 |
| &nbsp;&nbsp;&nbsp;Series 2025-GT2, Class B, 7.511%, (1 mo. SOFR + 3.85%), 7/16/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp; 12059868 |
| Mello Warehouse Securitization Trust, Series 2025-1, Class F, 10.154%, (1 mo. SOFR + 6.50%), 5/25/59<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 9046793 |
| MFRA Trust, Series 2025-NQM1, Class B1, 7.034%, 3/25/70<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2736 | &nbsp;&nbsp;&nbsp;&nbsp; 2784163 |
| NRZ Excess Spread-Collateralized Notes, Series 2025-FHT1, Class A, 6.545%, 3/25/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51898 | &nbsp;&nbsp;&nbsp;&nbsp; 52679083 |
| Onity Loan Investment Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-HB2, Class M3, 5.00%, 8/25/37<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1462512 |
| &nbsp;&nbsp;&nbsp;Series 2024-HB2, Class M4, 5.00%, 8/25/37<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7750 | &nbsp;&nbsp;&nbsp;&nbsp; 7433343 |
| PNMAC GMSR Issuer Trust, Series 2024-GT1, Class A, 6.854%, (1 mo. SOFR + 3.20%), 3/25/29<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41000 | &nbsp;&nbsp;&nbsp;&nbsp; 41124656 |
| PRMI Securitization Trust, Series 2025-CMG1, Class M1, 6.452%, (30-day SOFR Average + 2.80%), 12/25/55<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 998354 |
| PRPM LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-NQM1, Class B1, 7.39%, 12/25/68<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 9068674 |
| &nbsp;&nbsp;&nbsp;Series 2024-RCF3, Class M1, 4.00% to 5/25/26, 5/25/54<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 968093 |
| &nbsp;&nbsp;&nbsp;Series 2024-RCF3, Class M2, 4.00% to 5/25/26, 5/25/54<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3795405 |
| &nbsp;&nbsp;&nbsp;Series 2024-RCF4, Class M1, 4.00% to 7/25/26, 7/25/54<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp; 3007669 |
| &nbsp;&nbsp;&nbsp;Series 2024-RCF5, Class M1, 4.00% to 8/25/26, 8/25/54<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4003 | &nbsp;&nbsp;&nbsp;&nbsp; 3858027 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM1, Class M1A, 6.645%, 11/25/69<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10221 | &nbsp;&nbsp;&nbsp;&nbsp; 10358801 |
| &nbsp;&nbsp;&nbsp;Series 2025-RCF1, Class M3, 4.50% to 2/25/27, 2/25/55<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 1600867 |

---

*27*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| PRPM LLC: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-RCF3, Class M1A, 5.25%, 7/25/55<sup>(1)(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;$1082784 |
| &nbsp;&nbsp;&nbsp;Series 2025-RCF3, Class M1B, 5.25%, 7/25/55<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 956803 |
| Rain City Mortgage Trust, Series 2024-RTL1, Class A1, 6.53%, 9/25/29<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7350 | &nbsp;&nbsp;&nbsp;&nbsp; 7404692 |
| RCO Trust, Series 2025-PR1, Class A, 6.25% to 7/28/28, 3/2/55<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16719 | &nbsp;&nbsp;&nbsp;&nbsp; 16592164 |
| Saluda Grade Alternative Mortgage Trust, Series 2024-RTL5, Class A1, 7.762% to 9/25/26, 4/25/30<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10321 | &nbsp;&nbsp;&nbsp;&nbsp; 10355322 |
| Santander Mortgage Asset Receivable Trust, Series 2025-NQM1, Class M1B, 6.966%, 1/25/65<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3043003 |
| Sequoia Mortgage Trust, Series 2024-3, Class B4, 6.08%, 4/25/54<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1498 | &nbsp;&nbsp;&nbsp;&nbsp; 1435849 |
| SUA LLC, Series 2025-1, Class B, 6.995%, 5/25/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4020448 |
| Unison Trust, Series 2021-1, Class A, 6.50%, 4/25/50<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47076 | &nbsp;&nbsp;&nbsp;&nbsp; 44724318 |
| Total Collateralized Mortgage Obligations<br> (identified cost $5,423,540,380) |  | &nbsp;&nbsp;**$5405651031** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Commercial Mortgage-Backed Securities — 7.0%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\*<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| BAHA Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-MAR, Class C, 7.766%, 12/10/41<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7823 | &nbsp;&nbsp; 8082162 |
| &nbsp;&nbsp;&nbsp;Series 2024-MAR, Class D, 9.204%, 12/10/41<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50500 | &nbsp;&nbsp; 53024747 |
| &nbsp;&nbsp;&nbsp;Series 2024-MAR, Class E, 11.322%, 12/10/41<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36000 | &nbsp;&nbsp; 38344169 |
| BAMLL Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-BHP, Class B, 6.555%, (1 mo. SOFR + 2.90%), 8/15/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp; 8027526 |
| &nbsp;&nbsp;&nbsp;Series 2024-BHP, Class C, 7.255%, (1 mo. SOFR + 3.60%), 8/15/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp; 1691021 |
| BFLD Commercial Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-660F, Class C, 5.805%, (1 mo. SOFR + 2.15%), 11/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6400 | &nbsp;&nbsp; 6417448 |
| &nbsp;&nbsp;&nbsp;Series 2025-660F, Class D, 6.405%, (1 mo. SOFR + 2.75%), 11/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13300 | &nbsp;&nbsp; 13343083 |
| &nbsp;&nbsp;&nbsp;Series 2025-660F, Class E, 7.255%, (1 mo. SOFR + 3.60%), 11/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | &nbsp;&nbsp; 16063058 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\*<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| BPR Commercial Mortgage Trust, Series 2024-PARK, Class E, 10.01%, 11/5/39<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp; 7923096 |
| BX Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-DELC, Class E, 6.705%, (1 mo. SOFR + 3.05%), 12/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp; 1759376 |
| &nbsp;&nbsp;&nbsp;Series 2025-GW, Class D, 6.405%, (1 mo. SOFR + 2.75%), 7/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3950 | &nbsp;&nbsp; 3964535 |
| &nbsp;&nbsp;&nbsp;Series 2025-GW, Class E, 7.305%, (1 mo. SOFR + 3.65%), 7/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19750 | &nbsp;&nbsp; 19842501 |
| CHI Commercial Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-110W, Class E, 7.413%, 12/13/40<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40530 | &nbsp;&nbsp; 39547982 |
| &nbsp;&nbsp;&nbsp;Series 2025-110W, Class HRR, 10.238%, 12/13/40<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24500 | &nbsp;&nbsp; 23926061 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFT, Class C, 6.819%, 4/15/42<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp; 1537160 |
| COMM Mortgage Trust, Series 2025-167G, Class D, 7.183%, 8/10/40<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20220 | &nbsp;&nbsp; 20072471 |
| CRSNT Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2026-MOON, Class D, 6.055%, (1 mo. SOFR + 2.40%), 2/15/43<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp; 1254579 |
| &nbsp;&nbsp;&nbsp;Series 2026-MOON, Class E, 7.155%, (1 mo. SOFR + 3.50%), 2/15/43<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp; 9555552 |
| Durst Commercial Mortgage Trust, Series 2025-151, Class D, 7.018%, 8/10/42<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20700 | &nbsp;&nbsp; 21432917 |
| Extended Stay America Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-ESH, Class D, 6.255%, (1 mo. SOFR + 2.60%), 10/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6501 | &nbsp;&nbsp; 6543012 |
| &nbsp;&nbsp;&nbsp;Series 2025-ESH, Class E, 7.005%, (1 mo. SOFR + 3.35%), 10/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15506 | &nbsp;&nbsp; 15620624 |
| &nbsp;&nbsp;&nbsp;Series 2025-ESH, Class F, 7.755%, (1 mo. SOFR + 4.10%), 10/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5553 | &nbsp;&nbsp; 5601026 |
| &nbsp;&nbsp;&nbsp;Series 2026-ESH2, Class E, 6.555%(1 mo. SOFR + 2.90%), 2/15/43<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8839 | &nbsp;&nbsp; 8896607 |
| &nbsp;&nbsp;&nbsp;Series 2026-ESH2, Class F, 7.405%(1 mo. SOFR + 3.75%), 2/15/43<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7146 | &nbsp;&nbsp; 7206931 |
| Fontainebleau Miami Beach Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-FBLU, Class D, 6.255%, (1 mo. SOFR + 2.60%), 12/15/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36400 | &nbsp;&nbsp; 36630598 |
| &nbsp;&nbsp;&nbsp;Series 2024-FBLU, Class F, 7.905%, (1 mo. SOFR + 4.25%), 12/15/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21240 | &nbsp;&nbsp; 21398474 |
| &nbsp;&nbsp;&nbsp;Series 2024-FBLU, Class G, 9.305%, (1 mo. SOFR + 5.65%), 12/15/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29000 | &nbsp;&nbsp; 29382568 |
| FS Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2026-ORL, Class D, 6.055%, (1 mo. SOFR + 2.40%), 2/15/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp; 7115377 |
| &nbsp;&nbsp;&nbsp;Series 2026-ORL, Class E, 6.905%, (1 mo. SOFR + 3.25%), 2/15/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14300 | &nbsp;&nbsp; 14344602 |
| Great Wolf Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-WOLF, Class E, 7.294%, (1 mo. SOFR + 3.639%), 3/15/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8815 | &nbsp;&nbsp; 8878618 |

---

*28*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\*<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Great Wolf Trust: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-WOLF, Class F, 8.093%, (1 mo. SOFR + 4.438%), 3/15/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp; 7558324 |
| GWT Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-WLF2, Class D, 6.594%, (1 mo. SOFR + 2.939%), 5/15/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10800 | &nbsp;&nbsp; 10860772 |
| &nbsp;&nbsp;&nbsp;Series 2024-WLF2, Class E, 7.293%, (1 mo. SOFR + 3.638%), 5/15/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12000 | &nbsp;&nbsp; 11970662 |
| Harvest Commercial Capital Loan Trust, Series 2019-1, Class M6, 6.337%, 9/25/46<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp; 9174827 |
| HLTN Commercial Mortgage Trust, Series 2026-DPLO, Class E, 7.91%, (1 mo. SOFR + 4.25%), 4/15/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000 | &nbsp;&nbsp; 13117447 |
| Hudson Yards Mortgage Trust, Series 2025-SPRL, Class F, 7.649%, 1/13/40<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp; 1774158 |
| ICNQ Mortgage Trust, Series 2024-MF, Class E, 6.56%, 12/10/34<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11850 | &nbsp;&nbsp; 11834453 |
| INTOWN Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-STAY, Class D, 6.505%, (1 mo. SOFR + 2.85%), 3/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp; 25013555 |
| &nbsp;&nbsp;&nbsp;Series 2025-STAY, Class E, 7.505%, (1 mo. SOFR + 3.85%), 3/15/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13900 | &nbsp;&nbsp; 13887212 |
| JPMBB Commercial Mortgage Securities Trust, Series 2014-C22, Class D, 4.663%, 9/15/47<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895 | &nbsp;&nbsp; 601887 |
| JW Commercial Mortgage Trust, Series 2026-MRCO, Class D, (1 mo. SOFR + 2.45%), 6/15/39<sup>(1)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;688 | &nbsp;&nbsp; 687690 |
| JW Trust, 7.195%, (1 mo. SOFR + 3.54%), 11/15/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp; 8055464 |
| LBTY Commercial Mortgage Trust, Series 2026-225L, Class E, 6.797%, 2/10/43<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp; 19814164 |
| NYC Commercial Mortgage Trust, Series 2025-1155, Class D, 7.603%, 6/10/42<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp; 10167724 |
| ORL Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-GLKS, Class E, 6.845%, (1 mo. SOFR + 3.19%), 12/15/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8250 | &nbsp;&nbsp; 8296413 |
| &nbsp;&nbsp;&nbsp;Series 2024-GLKS, Class F, 8.093%, (1 mo. SOFR + 4.438%), 12/15/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33550 | &nbsp;&nbsp; 33700197 |
| PNW Trust, Series 2026-ARTE, Class B, 5.865%, (1 mo. SOFR + 2.211%), 4/15/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12082 | &nbsp;&nbsp; 12071514 |
| ROCK Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-CNTR, Class D, 7.109%, 11/13/41<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp; 1834142 |
| &nbsp;&nbsp;&nbsp;Series 2024-CNTR, Class E, 8.819%, 11/13/41<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62500 | &nbsp;&nbsp; 65563950 |
| SHR Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-LXRY, Class D, 7.255%, (1 mo. SOFR + 3.60%), 10/15/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7959 | &nbsp;&nbsp; 8004291 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\*<br> (000's omitted)** | **Principal<br> Amount\*<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| SHR Trust: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-LXRY, Class E, 8.105%, (1 mo. SOFR + 4.45%), 10/15/41<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 5541032 |
| SPGN Trust: |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2026-TFLM, Class E, 7.405%, (1 mo. SOFR + 3.75%), 2/15/41<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50120 | &nbsp;&nbsp;&nbsp;&nbsp; 50427977 |
| &nbsp;&nbsp;&nbsp;Series 2026-TFLM, Class HRR, 9.305%, (1 mo. SOFR + 5.65%), 2/15/41<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25750 | &nbsp;&nbsp;&nbsp;&nbsp; 25815688 |
| Taurus U.K. DAC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-UK3A, Class D, 6.533%, (SONIA + 2.80%), 7/20/35<sup>(1)(2)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3150 | &nbsp;&nbsp;&nbsp;&nbsp; 4273893 |
| &nbsp;&nbsp;&nbsp;Series 2025-UK3A, Class E, 7.533%, (SONIA + 3.80%), 7/20/35<sup>(1)(2)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp; 5090304 |
| TX Trust: |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-HOU, Class D, 6.894%, (1 mo. SOFR + 3.239%), 6/15/39<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2450 | &nbsp;&nbsp;&nbsp;&nbsp; 2463519 |
| &nbsp;&nbsp;&nbsp;Series 2024-HOU, Class E, 8.042%, (1 mo. SOFR + 4.387%), 6/15/39<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6043216 |
| U.K. Logistics DAC, Series 2024-1A, Class E, 8.746%, (SONIA + 5.00%), 5/17/34<sup>(1)(2)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1372 | &nbsp;&nbsp;&nbsp;&nbsp; 1871517 |
| VCC Trust: |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-MC1, Class A1, 8.163% to 5/25/28, 5/25/55<sup>(1)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17710 | &nbsp;&nbsp;&nbsp;&nbsp; 17632784 |
| &nbsp;&nbsp;&nbsp;Series 2026-MC1, Class A1, 6.492% to 1/25/29, 1/27/31<sup>(1)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15057 | &nbsp;&nbsp;&nbsp;&nbsp; 15030007 |
| Velocity Commercial Capital Loan Trust: |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-4, Class M2, 6.17%, 9/25/55<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1221 | &nbsp;&nbsp;&nbsp;&nbsp; 1213939 |
| &nbsp;&nbsp;&nbsp;Series 2025-4, Class M4, 9.35%, 9/25/55<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1495 | &nbsp;&nbsp;&nbsp;&nbsp; 1471438 |
| &nbsp;&nbsp;&nbsp;Series 2025-5, Class M3, 6.70%, 12/25/55<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2486 | &nbsp;&nbsp;&nbsp;&nbsp; 2452142 |
| &nbsp;&nbsp;&nbsp;Series 2025-5, Class M4, 9.19%, 12/25/55<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1989 | &nbsp;&nbsp;&nbsp;&nbsp; 1965206 |
| &nbsp;&nbsp;&nbsp;Series 2026-1, Class M3, 6.26%, 2/25/56<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3233 | &nbsp;&nbsp;&nbsp;&nbsp; 3185433 |
| &nbsp;&nbsp;&nbsp;Series 2026-1, Class M4, 8.48%, 2/25/56<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2487 | &nbsp;&nbsp;&nbsp;&nbsp; 2451783 |
| Wells Fargo Commercial Mortgage Trust: |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1918, Class C, 6.915%, 9/15/40<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5455 | &nbsp;&nbsp;&nbsp;&nbsp; 5406644 |
| &nbsp;&nbsp;&nbsp;Series 2025-1918, Class D, 8.911%, 9/15/40<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp;&nbsp;&nbsp; 9467560 |
| &nbsp;&nbsp;&nbsp;Series 2026-1250B, Class D, 6.591%, 3/10/41<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2475349 |
| &nbsp;&nbsp;&nbsp;Series 2026-1250B, Class E, 8.089%, 3/10/41<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17000 | &nbsp;&nbsp;&nbsp;&nbsp; 17237585 |
| WHARF Commercial Mortgage Trust, Series 2025-DC, Class E, 7.982%, 7/15/40<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16250 | &nbsp;&nbsp;&nbsp;&nbsp; 16725088 |
| Willowbrook Mall, Series 2025-WBRK, Class E, 6.278%, 3/5/35<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5875 | &nbsp;&nbsp;&nbsp;&nbsp; 5586833 |
| Total Commercial Mortgage-Backed Securities<br> (identified cost $936,725,525) |  |  | &nbsp;&nbsp;**$935245664** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*29*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

Common Stocks — 0.8%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> |
| Banco BBVA Argentina SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11800 | &nbsp;&nbsp;$168268 |
| Banco Macro SA ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;&nbsp; 489600 |
| Central Puerto SA ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7600 | &nbsp;&nbsp;&nbsp;&nbsp; 107236 |
| Corp. America Airports SA<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp; 67365 |
| Cresud SA ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3025 | &nbsp;&nbsp;&nbsp;&nbsp; 34031 |
| Empresa Distribuidora Y Comercializadora Norte ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 37575 |
| Grupo Financiero Galicia SA ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp; 785460 |
| Grupo Supervielle SA ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9800 | &nbsp;&nbsp;&nbsp;&nbsp; 80654 |
| IRSA Inversiones y Representaciones SA ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2460 | &nbsp;&nbsp;&nbsp;&nbsp; 34366 |
| Loma Negra Cia Industrial Argentina SA ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 44160 |
| Pampa Energia SA ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 248610 |
| Telecom Argentina SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6800 | &nbsp;&nbsp;&nbsp;&nbsp; 81192 |
| Transportadora de Gas del Sur SA, Class B ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp; 164754 |
| Vista Energy SAB de CV ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24700 | &nbsp;&nbsp;&nbsp;&nbsp; 1835704 |
| YPF SA ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14700 | &nbsp;&nbsp;&nbsp;&nbsp; 663852 |
|  |  | &nbsp;&nbsp;**$4842827** |
| Brazil — 0.1% | Brazil — 0.1% | Brazil — 0.1% |
| Adecoagro SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;$38043 |
| Arcos Dorados Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11500 | &nbsp;&nbsp;&nbsp;&nbsp; 102580 |
| Constellation Oil Services Holding SA<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104100 | &nbsp;&nbsp;&nbsp;&nbsp; 1605565 |
| Petroleo Brasileiro SA - Petrobras ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68500 | &nbsp;&nbsp;&nbsp;&nbsp; 1509055 |
| Suzano SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330200 | &nbsp;&nbsp;&nbsp;&nbsp; 2928874 |
|  |  | &nbsp;&nbsp;**$6184117** |
| Bulgaria — 0.1% | Bulgaria — 0.1% | Bulgaria — 0.1% |
| Eurohold Bulgaria AD<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5122844 | &nbsp;&nbsp;$6564203 |
|  |  | &nbsp;&nbsp;**$6564203** |
| Canada — 0.0%<sup>†</sup> | Canada — 0.0%<sup>†</sup> | Canada — 0.0%<sup>†</sup> |
| Lithium Argentina AG<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10800 | &nbsp;&nbsp;$109836 |
|  |  | &nbsp;&nbsp;**$109836** |
| China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> |
| Kaisa Group Holdings Ltd.<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78495 | &nbsp;&nbsp;$768 |
| Shimao Group Holdings Ltd.<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495945 | &nbsp;&nbsp;&nbsp;&nbsp; 10576 |
| Times China Holdings Ltd.<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711339 | &nbsp;&nbsp;&nbsp;&nbsp; 4949 |
|  |  | &nbsp;&nbsp;**$16293** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Iceland — 0.0%<sup>†</sup> | Iceland — 0.0%<sup>†</sup> | Iceland — 0.0%<sup>†</sup> |
| Siminn Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2023336 | &nbsp;&nbsp;$199523 |
|  |  | &nbsp;&nbsp;**$199523** |
| Mexico — 0.0%<sup>†</sup> | Mexico — 0.0%<sup>†</sup> | Mexico — 0.0%<sup>†</sup> |
| Orbia Advance Corp. SAB de CV<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1917600 | &nbsp;&nbsp;$2286608 |
|  |  | &nbsp;&nbsp;**$2286608** |
| Pakistan — 0.0%<sup>†</sup> | Pakistan — 0.0%<sup>†</sup> | Pakistan — 0.0%<sup>†</sup> |
| VEON Ltd. ADR<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58200 | &nbsp;&nbsp;$2894868 |
|  |  | &nbsp;&nbsp;**$2894868** |
| Peru — 0.0%<sup>†</sup> | Peru — 0.0%<sup>†</sup> | Peru — 0.0%<sup>†</sup> |
| Auna SA, Class A<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559000 | &nbsp;&nbsp;$2834130 |
|  |  | &nbsp;&nbsp;**$2834130** |
| Puerto Rico — 0.0%<sup>†</sup> | Puerto Rico — 0.0%<sup>†</sup> | Puerto Rico — 0.0%<sup>†</sup> |
| Liberty Latin America Ltd., Class C<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385000 | &nbsp;&nbsp;$3199350 |
|  |  | &nbsp;&nbsp;**$3199350** |
| Vietnam — 0.6% | Vietnam — 0.6% | Vietnam — 0.6% |
| Asia Commercial Bank JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444200 | &nbsp;&nbsp;$1291746 |
| Bank for Foreign Trade of Vietnam JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792600 | &nbsp;&nbsp;&nbsp;&nbsp; 1804233 |
| Bank for Investment & Development of Vietnam JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1865700 | &nbsp;&nbsp;&nbsp;&nbsp; 2845270 |
| Coteccons Construction JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;783877 | &nbsp;&nbsp;&nbsp;&nbsp; 2595255 |
| Duc Giang Chemicals JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221400 | &nbsp;&nbsp;&nbsp;&nbsp; 450821 |
| FPT Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2099900 | &nbsp;&nbsp;&nbsp;&nbsp; 6033354 |
| Gemadept Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666000 | &nbsp;&nbsp;&nbsp;&nbsp; 1906714 |
| Hoa Phat Group JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2273500 | &nbsp;&nbsp;&nbsp;&nbsp; 2397710 |
| IDICO Corp. JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419900 | &nbsp;&nbsp;&nbsp;&nbsp; 720015 |
| Khang Dien House Trading & Investment JSC<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1986700 | &nbsp;&nbsp;&nbsp;&nbsp; 1918218 |
| Kinh Bac City Development Holding Corp.<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2227400 | &nbsp;&nbsp;&nbsp;&nbsp; 2868182 |
| Masan Group Corp.<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678300 | &nbsp;&nbsp;&nbsp;&nbsp; 1979045 |
| Military Commercial Joint Stock Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3369600 | &nbsp;&nbsp;&nbsp;&nbsp; 3339647 |
| Mobile World Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2479200 | &nbsp;&nbsp;&nbsp;&nbsp; 7929647 |
| Nam Long Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2158952 | &nbsp;&nbsp;&nbsp;&nbsp; 2277385 |
| PetroVietnam Gas JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615400 | &nbsp;&nbsp;&nbsp;&nbsp; 1762142 |
| Phat Dat Real Estate Development Corp.<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1363200 | &nbsp;&nbsp;&nbsp;&nbsp; 855709 |
| Refrigeration Electrical Engineering Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191700 | &nbsp;&nbsp;&nbsp;&nbsp; 439137 |
| Saigon Thuong Tin Commercial JSB<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1318100 | &nbsp;&nbsp;&nbsp;&nbsp; 3383030 |
| SSI Securities Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4297560 | &nbsp;&nbsp;&nbsp;&nbsp; 4535190 |
| Techcom Securities JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1325200 | &nbsp;&nbsp;&nbsp;&nbsp; 2554430 |
| Vietnam Dairy Products JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1377200 | &nbsp;&nbsp;&nbsp;&nbsp; 3191677 |
| Vietnam Joint Stock Commercial Bank for Industry & Trade | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1251540 | &nbsp;&nbsp;&nbsp;&nbsp; 1665071 |
| Vietnam Prosperity JSC Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1798000 | &nbsp;&nbsp;&nbsp;&nbsp; 1807914 |

---

*30*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Vietnam (continued) | Vietnam (continued) | Vietnam (continued) |
| Vietnam Technological & Commercial Joint Stock Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3498200 | &nbsp;&nbsp;$4494648 |
| Vingroup JSC<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1295400 | &nbsp;&nbsp;&nbsp;&nbsp; 10604888 |
| Vinh Hoan Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977300 | &nbsp;&nbsp;&nbsp;&nbsp; 2270095 |
|  |  | &nbsp;&nbsp;**$77921173** |
| Total Common Stocks<br> (identified cost $104,170,441) |  | &nbsp;&nbsp;**$107052928** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Bonds — 2.4%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Australia — 0.1% | Australia — 0.1% | Australia — 0.1% | Australia — 0.1% |
| IREN Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3025 | &nbsp;&nbsp;$2627969 |
| &nbsp;&nbsp;&nbsp;0.25%, 6/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 3528800 |
|  |  |  | &nbsp;&nbsp;**$6156769** |
| China — 0.3% | China — 0.3% | China — 0.3% | China — 0.3% |
| Alibaba Group Holding Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 9/15/32<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11715 | &nbsp;&nbsp;$11709143 |
| &nbsp;&nbsp;&nbsp;0.50%, 6/1/31 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3204 | &nbsp;&nbsp;&nbsp;&nbsp; 4630581 |
| H World Group Ltd., 3.00%, 5/1/26 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2227 | &nbsp;&nbsp;&nbsp;&nbsp; 3074374 |
| JD.com, Inc., 0.25%, 6/1/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4535 | &nbsp;&nbsp;&nbsp;&nbsp; 4630235 |
| Kaisa Group Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 12/31/26<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28 | &nbsp;&nbsp;&nbsp;&nbsp; 99 |
| &nbsp;&nbsp;&nbsp;0.00%, 12/31/27<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36 | &nbsp;&nbsp;&nbsp;&nbsp; 71 |
| &nbsp;&nbsp;&nbsp;0.00%, 12/31/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57 | &nbsp;&nbsp;&nbsp;&nbsp; 82 |
| &nbsp;&nbsp;&nbsp;0.00%, 12/31/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57 | &nbsp;&nbsp;&nbsp;&nbsp; 71 |
| &nbsp;&nbsp;&nbsp;0.00%, 12/31/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71 | &nbsp;&nbsp;&nbsp;&nbsp; 85 |
| &nbsp;&nbsp;&nbsp;0.00%, 12/31/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71 | &nbsp;&nbsp;&nbsp;&nbsp; 85 |
| &nbsp;&nbsp;&nbsp;0.00%, 12/31/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134 | &nbsp;&nbsp;&nbsp;&nbsp; 161 |
| Ping An Insurance Group Co. of China Ltd., 0.00%, 6/11/30<sup>(10)</sup> | HKD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21000 | &nbsp;&nbsp;&nbsp;&nbsp; 3291095 |
| Sunac China Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 6/23/26<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1294 | &nbsp;&nbsp;&nbsp;&nbsp; 211854 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/23/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;956 | &nbsp;&nbsp;&nbsp;&nbsp; 246158 |
| Times China Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 3/30/27<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1258 | &nbsp;&nbsp;&nbsp;&nbsp; 6971 |
| &nbsp;&nbsp;&nbsp;0.00%, 3/30/27<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257 | &nbsp;&nbsp;&nbsp;&nbsp; 1926 |
| Trip.com Group Ltd., 0.75%, 6/15/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4330 | &nbsp;&nbsp;&nbsp;&nbsp; 4667421 |
|  |  |  | &nbsp;&nbsp;**$32470412** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Germany — 0.0%<sup>†</sup> | Germany — 0.0%<sup>†</sup> | Germany — 0.0%<sup>†</sup> | Germany — 0.0%<sup>†</sup> |
| TUI AG, 1.95%, 7/26/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;$2245970 |
|  |  |  | &nbsp;&nbsp;**$2245970** |
| Israel — 0.1% | Israel — 0.1% | Israel — 0.1% | Israel — 0.1% |
| Check Point Software Technologies Ltd., 0.00%, 12/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1450 | &nbsp;&nbsp;$1312975 |
| Nova Ltd., 0.00%, 9/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075 | &nbsp;&nbsp;&nbsp;&nbsp; 1853838 |
| Wix.com Ltd., 0.00%, 9/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2315 | &nbsp;&nbsp;&nbsp;&nbsp; 1876307 |
|  |  |  | &nbsp;&nbsp;**$5043120** |
| Japan — 0.0%<sup>†</sup> | Japan — 0.0%<sup>†</sup> | Japan — 0.0%<sup>†</sup> | Japan — 0.0%<sup>†</sup> |
| Nippon Steel Corp., 0.00%, 2/14/31<sup>(10)</sup> | JPY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;$1699163 |
|  |  |  | &nbsp;&nbsp;**$1699163** |
| Netherlands — 0.1% | Netherlands — 0.1% | Netherlands — 0.1% | Netherlands — 0.1% |
| Nebius Group NV: |  |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 9/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4220 | &nbsp;&nbsp;$5466166 |
| &nbsp;&nbsp;&nbsp;2.625%, 3/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 4095160 |
|  |  |  | &nbsp;&nbsp;**$9561326** |
| Singapore — 0.0%<sup>†</sup> | Singapore — 0.0%<sup>†</sup> | Singapore — 0.0%<sup>†</sup> | Singapore — 0.0%<sup>†</sup> |
| Grab Holdings Ltd., 0.00%, 6/15/30<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3105 | &nbsp;&nbsp;$3040956 |
|  |  |  | &nbsp;&nbsp;**$3040956** |
| South Korea — 0.0%<sup>†</sup> | South Korea — 0.0%<sup>†</sup> | South Korea — 0.0%<sup>†</sup> | South Korea — 0.0%<sup>†</sup> |
| Delivery Hero SE, 3.25%, 2/21/30<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;$4056644 |
|  |  |  | &nbsp;&nbsp;**$4056644** |
| Spain — 0.0%<sup>†</sup> | Spain — 0.0%<sup>†</sup> | Spain — 0.0%<sup>†</sup> | Spain — 0.0%<sup>†</sup> |
| Cellnex Telecom SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 7/5/28<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;$2098798 |
| &nbsp;&nbsp;&nbsp;2.125%, 8/11/30<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp; 2236913 |
|  |  |  | &nbsp;&nbsp;**$4335711** |
| Taiwan — 0.0%<sup>†</sup> | Taiwan — 0.0%<sup>†</sup> | Taiwan — 0.0%<sup>†</sup> | Taiwan — 0.0%<sup>†</sup> |
| Wistron Corp., 0.00%, 10/23/30<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;$2498175 |
|  |  |  | &nbsp;&nbsp;**$2498175** |
| United Kingdom — 0.0%<sup>†</sup> | United Kingdom — 0.0%<sup>†</sup> | United Kingdom — 0.0%<sup>†</sup> | United Kingdom — 0.0%<sup>†</sup> |
| Barclays Bank PLC, 1.00%, 2/16/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1686 | &nbsp;&nbsp;$1749225 |
|  |  |  | &nbsp;&nbsp;**$1749225** |
| United States — 1.8% | United States — 1.8% | United States — 1.8% | United States — 1.8% |
| Affirm Holdings, Inc., 0.75%, 12/15/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3405 | &nbsp;&nbsp;$3600787 |

---

*31*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| United States (continued) | United States (continued) | United States (continued) | United States (continued) |
| Akamai Technologies, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.25%, 5/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4805 | &nbsp;&nbsp;$6314971 |
| &nbsp;&nbsp;&nbsp;1.125%, 2/15/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3195 | &nbsp;&nbsp;&nbsp;&nbsp; 3553639 |
| Alnylam Pharmaceuticals, Inc., 0.00%, 9/15/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3405 | &nbsp;&nbsp;&nbsp;&nbsp; 3164522 |
| Alphatec Holdings, Inc., 0.75%, 3/15/30 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020 | &nbsp;&nbsp;&nbsp;&nbsp; 1015308 |
| Amphastar Pharmaceuticals, Inc., 2.00%, 3/15/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2905 | &nbsp;&nbsp;&nbsp;&nbsp; 2655461 |
| Avnet, Inc., 1.75%, 9/1/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2525 | &nbsp;&nbsp;&nbsp;&nbsp; 3301437 |
| Bill Holdings, Inc., 0.00%, 4/1/30 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp; 2756675 |
| BlackLine, Inc., 1.00%, 6/1/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2525 | &nbsp;&nbsp;&nbsp;&nbsp; 2321106 |
| Block, Inc., 0.25%, 11/1/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1615 | &nbsp;&nbsp;&nbsp;&nbsp; 1520523 |
| Boston Properties LP, 2.00%, 10/1/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2650 | &nbsp;&nbsp;&nbsp;&nbsp; 2491000 |
| Bridgebio Pharma, Inc., 0.75%, 2/1/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4180 | &nbsp;&nbsp;&nbsp;&nbsp; 4158682 |
| CenterPoint Energy, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 8/1/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3065 | &nbsp;&nbsp;&nbsp;&nbsp; 3251694 |
| &nbsp;&nbsp;&nbsp;4.25%, 8/15/26 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1585 | &nbsp;&nbsp;&nbsp;&nbsp; 1900019 |
| Cleanspark, Inc., 0.00%, 2/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 1983300 |
| Cloudflare, Inc., 0.00%, 6/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3705 | &nbsp;&nbsp;&nbsp;&nbsp; 4262588 |
| CMS Energy Corp., 3.375%, 5/1/28 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2450 | &nbsp;&nbsp;&nbsp;&nbsp; 2747063 |
| Coinbase Global, Inc., 0.00%, 10/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6820 | &nbsp;&nbsp;&nbsp;&nbsp; 5774835 |
| CoreWeave, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 12/1/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6100 | &nbsp;&nbsp;&nbsp;&nbsp; 7926645 |
| &nbsp;&nbsp;&nbsp;1.75%, 10/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 342570 |
| Cytokinetics, Inc., 3.50%, 7/1/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1405 | &nbsp;&nbsp;&nbsp;&nbsp; 2020390 |
| Datadog, Inc., 0.00%, 12/1/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3484 | &nbsp;&nbsp;&nbsp;&nbsp; 3516227 |
| Dexcom, Inc., 0.375%, 5/15/28 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1825 | &nbsp;&nbsp;&nbsp;&nbsp; 1693144 |
| Digital Realty Trust LP, 1.875%, 11/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3815 | &nbsp;&nbsp;&nbsp;&nbsp; 4289967 |
| DoorDash, Inc., 0.00%, 5/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4960 | &nbsp;&nbsp;&nbsp;&nbsp; 4741760 |
| Duke Energy Corp., 3.00%, 3/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2850 | &nbsp;&nbsp;&nbsp;&nbsp; 2842163 |
| Enovis Corp., 3.875%, 10/15/28 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3105 | &nbsp;&nbsp;&nbsp;&nbsp; 3028151 |
| Envista Holdings Corp., 1.75%, 8/15/28 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2760 | &nbsp;&nbsp;&nbsp;&nbsp; 2756550 |
| Etsy, Inc., 0.25%, 6/15/28 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp; 3397500 |
| Euronet Worldwide, Inc., 0.625%, 10/1/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2315 | &nbsp;&nbsp;&nbsp;&nbsp; 2087841 |
| Evergy, Inc., 4.50%, 12/15/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1910 | &nbsp;&nbsp;&nbsp;&nbsp; 2605718 |
| Federal Realty OP LP, 3.25%, 1/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2395 | &nbsp;&nbsp;&nbsp;&nbsp; 2501578 |
| Five9, Inc., 1.00%, 3/15/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1835 | &nbsp;&nbsp;&nbsp;&nbsp; 1593147 |
| Galaxy Digital Holdings LP, 0.50%, 5/1/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2820 | &nbsp;&nbsp;&nbsp;&nbsp; 2428020 |
| Global Payments, Inc., 1.50%, 3/1/31 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3665 | &nbsp;&nbsp;&nbsp;&nbsp; 3296667 |
| Haemonetics Corp., 2.50%, 6/1/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2515 | &nbsp;&nbsp;&nbsp;&nbsp; 2455646 |
| Halozyme Therapeutics, Inc., 0.00%, 2/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2180 | &nbsp;&nbsp;&nbsp;&nbsp; 2123320 |
| Integer Holdings Corp., 1.875%, 3/15/30 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2790 | &nbsp;&nbsp;&nbsp;&nbsp; 2713275 |
| Ionis Pharmaceuticals, Inc., 0.00%, 12/1/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2685 | &nbsp;&nbsp;&nbsp;&nbsp; 2790722 |
| Itron, Inc., 0.00%, 3/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150 | &nbsp;&nbsp;&nbsp;&nbsp; 2022613 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| United States (continued) | United States (continued) | United States (continued) | United States (continued) |
| Jazz Investments I Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 6/15/26 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2885 | &nbsp;&nbsp;$3744730 |
| &nbsp;&nbsp;&nbsp;3.125%, 9/15/30 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2330 | &nbsp;&nbsp;&nbsp;&nbsp; 3486845 |
| Lantheus Holdings, Inc., 2.625%, 12/15/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3205 | &nbsp;&nbsp;&nbsp;&nbsp; 4088779 |
| Liberty Media Corp.-Liberty Formula One, 2.25%, 8/15/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1855 | &nbsp;&nbsp;&nbsp;&nbsp; 2171278 |
| Live Nation Entertainment, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.875%, 1/15/30 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3325 | &nbsp;&nbsp;&nbsp;&nbsp; 3710700 |
| &nbsp;&nbsp;&nbsp;2.875%, 10/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440 | &nbsp;&nbsp;&nbsp;&nbsp; 1495971 |
| Lumentum Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.375%, 3/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1130 | &nbsp;&nbsp;&nbsp;&nbsp; 5538017 |
| &nbsp;&nbsp;&nbsp;0.50%, 6/15/28 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835 | &nbsp;&nbsp;&nbsp;&nbsp; 5731774 |
| MARA Holdings, Inc., 0.00%, 6/1/31 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3115 | &nbsp;&nbsp;&nbsp;&nbsp; 2981989 |
| Marriott Vacations Worldwide Corp., 3.25%, 12/15/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2870 | &nbsp;&nbsp;&nbsp;&nbsp; 2786770 |
| Match Group Financeco 3, Inc., 2.00%, 1/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp; 1736408 |
| Merit Medical Systems, Inc., 3.00%, 2/1/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2180 | &nbsp;&nbsp;&nbsp;&nbsp; 2332752 |
| Meritage Homes Corp., 1.75%, 5/15/28 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1724625 |
| Microchip Technology, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 2/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2860625 |
| &nbsp;&nbsp;&nbsp;0.75%, 6/1/30 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3475 | &nbsp;&nbsp;&nbsp;&nbsp; 3801650 |
| MKS, Inc., 1.25%, 6/1/30 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2520 | &nbsp;&nbsp;&nbsp;&nbsp; 4963140 |
| NCL Corp. Ltd., 0.75%, 9/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1785 | &nbsp;&nbsp;&nbsp;&nbsp; 1672853 |
| NextEra Energy Capital Holdings, Inc., 3.00%, 3/1/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2060 | &nbsp;&nbsp;&nbsp;&nbsp; 2996785 |
| Northern Oil & Gas, Inc., 3.625%, 4/15/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2170 | &nbsp;&nbsp;&nbsp;&nbsp; 2308880 |
| Nutanix, Inc., 0.50%, 12/15/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3095 | &nbsp;&nbsp;&nbsp;&nbsp; 2874636 |
| ON Semiconductor Corp., 0.50%, 3/1/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3475 | &nbsp;&nbsp;&nbsp;&nbsp; 4241237 |
| Parsons Corp., 2.625%, 3/1/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2995 | &nbsp;&nbsp;&nbsp;&nbsp; 2948577 |
| PG&E Corp., 4.25%, 12/1/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4540 | &nbsp;&nbsp;&nbsp;&nbsp; 4654635 |
| Post Holdings, Inc., 2.50%, 8/15/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2810 | &nbsp;&nbsp;&nbsp;&nbsp; 3147200 |
| PPL Capital Funding, Inc., 2.875%, 3/15/28 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3095 | &nbsp;&nbsp;&nbsp;&nbsp; 3569309 |
| Progress Software Corp., 3.50%, 3/1/30 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2720 | &nbsp;&nbsp;&nbsp;&nbsp; 2479008 |
| Rapid7, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.25%, 3/15/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;815 | &nbsp;&nbsp;&nbsp;&nbsp; 773232 |
| &nbsp;&nbsp;&nbsp;1.25%, 3/15/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970 | &nbsp;&nbsp;&nbsp;&nbsp; 799377 |
| Rivian Automotive, Inc., 4.625%, 3/15/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;&nbsp;&nbsp; 3780562 |
| Rubrik, Inc., 0.00%, 6/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3370 | &nbsp;&nbsp;&nbsp;&nbsp; 3035527 |
| Shift4 Payments, Inc., 0.50%, 8/1/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3655 | &nbsp;&nbsp;&nbsp;&nbsp; 3457681 |
| Snowflake, Inc., 0.00%, 10/1/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435 | &nbsp;&nbsp;&nbsp;&nbsp; 1684403 |
| Southern Co., 3.25%, 6/15/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4240 | &nbsp;&nbsp;&nbsp;&nbsp; 4315260 |
| Uber Technologies, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/15/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3270 | &nbsp;&nbsp;&nbsp;&nbsp; 3580813 |
| &nbsp;&nbsp;&nbsp;0.875%, 12/1/28 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3360 | &nbsp;&nbsp;&nbsp;&nbsp; 4113480 |

---

*32*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| United States (continued) | United States (continued) | United States (continued) | United States (continued) |
| Workiva, Inc., 1.25%, 8/15/28 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3380 | &nbsp;&nbsp;$3156075 |
| XPLR Infrastructure LP, 2.50%, 6/15/26<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4215 | &nbsp;&nbsp;&nbsp;&nbsp; 4204462 |
| Ziff Davis, Inc., 1.75%, 11/1/26 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1230 | &nbsp;&nbsp;&nbsp;&nbsp; 1212780 |
| Zoetis, Inc., 0.25%, 6/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp; 3369400 |
| Zscaler, Inc., 0.00%, 7/15/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4305 | &nbsp;&nbsp;&nbsp;&nbsp; 3915397 |
|  |  |  | &nbsp;&nbsp;**$245394846** |
| Total Convertible Bonds<br> (identified cost $298,083,011) |  |  | &nbsp;&nbsp;**$318252317** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Preferred Stocks — 0.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| United States — 0.2% | United States — 0.2% | United States — 0.2% |
| Bank of America Corp., Series L, 7.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3300 | &nbsp;&nbsp;$4035141 |
| QXO, Inc., 4.75%<sup>(9)(11)(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014 | &nbsp;&nbsp;&nbsp;&nbsp; 19336474 |
| Wells Fargo & Co., Series L, Class A, 7.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;&nbsp;&nbsp; 4048754 |
| Total Convertible Preferred Stocks<br> (identified cost $28,248,519) |  | &nbsp;&nbsp;**$27420369** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Corporate Bonds — 5.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000s omitted)** | **Principal<br> Amount<br> (000s omitted)** | &nbsp;&nbsp;**Value** |
| United States — 5.1% | United States — 5.1% | United States — 5.1% | United States — 5.1% |
| 1261229 BC Ltd., 10.00%, 4/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11440 | &nbsp;&nbsp;$11822588 |
| Acadia Healthcare Co., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3844 | &nbsp;&nbsp;&nbsp;&nbsp; 3763950 |
| &nbsp;&nbsp;&nbsp;7.375%, 3/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3844 | &nbsp;&nbsp;&nbsp;&nbsp; 3936802 |
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL, 4.625%, 6/1/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14625 | &nbsp;&nbsp;&nbsp;&nbsp; 14426202 |
| Ally Financial, Inc., Series B, 4.70% to 5/15/26<sup>(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | &nbsp;&nbsp;&nbsp;&nbsp; 15968170 |
| Amentum Holdings, Inc., 7.25%, 8/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7630 | &nbsp;&nbsp;&nbsp;&nbsp; 7902466 |
| AmeriTex HoldCo Intermediate LLC, 7.625%, 8/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7630 | &nbsp;&nbsp;&nbsp;&nbsp; 7940724 |
| Amynta Agency Borrower, Inc. & Amynta Warranty Borrower, Inc., 7.50%, 7/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350 | &nbsp;&nbsp;&nbsp;&nbsp; 6198312 |
| APLD ComputeCo 2 LLC, 6.75%, 3/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2476738 |
| APLD ComputeCo LLC, 9.25%, 12/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1225 | &nbsp;&nbsp;&nbsp;&nbsp; 1317377 |
| Arches Buyer, Inc., 6.125%, 12/1/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 5351815 |
| Ardagh Group SA, 9.50%, 12/1/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4560 | &nbsp;&nbsp;&nbsp;&nbsp; 4839587 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000s omitted)** | **Principal<br> Amount<br> (000s omitted)** | &nbsp;&nbsp;**Value** |
| United States (continued) | United States (continued) | United States (continued) | United States (continued) |
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 9/1/29<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1235 | &nbsp;&nbsp;$1365328 |
| &nbsp;&nbsp;&nbsp;3.25%, 9/1/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26351 | &nbsp;&nbsp;&nbsp;&nbsp; 25216276 |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7370 | &nbsp;&nbsp;&nbsp;&nbsp; 6902957 |
| Asbury Automotive Group, Inc., 5.00%, 2/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9530 | &nbsp;&nbsp;&nbsp;&nbsp; 9143701 |
| Asurion LLC/Asurion Co-Issuer, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 12/31/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350 | &nbsp;&nbsp;&nbsp;&nbsp; 6637014 |
| &nbsp;&nbsp;&nbsp;8.375%, 2/1/34<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350 | &nbsp;&nbsp;&nbsp;&nbsp; 6270072 |
| athenahealth Group, Inc., 6.50%, 2/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15250 | &nbsp;&nbsp;&nbsp;&nbsp; 14546858 |
| Azorra Finance Ltd., 7.25%, 1/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5080 | &nbsp;&nbsp;&nbsp;&nbsp; 5207229 |
| Bausch & Lomb Netherlands BV & Bausch & Lomb, Inc., 6.079%, (3 mo. EURIBOR + 3.875%), 1/15/31<sup>(2)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3556 | &nbsp;&nbsp;&nbsp;&nbsp; 4218669 |
| Beach Acquisition Bidco LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 7/15/32<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4998 | &nbsp;&nbsp;&nbsp;&nbsp; 5851402 |
| &nbsp;&nbsp;&nbsp;10.00%, (10.00% cash or 10.75% PIK), 7/15/33<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16095 | &nbsp;&nbsp;&nbsp;&nbsp; 17713604 |
| Builders FirstSource, Inc., 4.25%, 2/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10170 | &nbsp;&nbsp;&nbsp;&nbsp; 9445051 |
| Caesars Entertainment, Inc., 6.50%, 2/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3180 | &nbsp;&nbsp;&nbsp;&nbsp; 3092804 |
| Celanese U.S. Holdings LLC, 7.20%, 11/15/33 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350 | &nbsp;&nbsp;&nbsp;&nbsp; 6869322 |
| Century Communities, Inc., 6.625%, 9/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5080 | &nbsp;&nbsp;&nbsp;&nbsp; 5059700 |
| Champions Financing, Inc., 8.75%, 2/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;907 | &nbsp;&nbsp;&nbsp;&nbsp; 883191 |
| Charter Communications Operating LLC/Charter Communications Operating Capital, 3.70%, 4/1/51 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15250 | &nbsp;&nbsp;&nbsp;&nbsp; 9363113 |
| Chobani LLC/Chobani Finance Corp., Inc., 6.375%, 4/15/34<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2215 | &nbsp;&nbsp;&nbsp;&nbsp; 2261406 |
| Cipher Compute LLC, 7.125%, 11/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4190 | &nbsp;&nbsp;&nbsp;&nbsp; 4348211 |
| Clarios Global LP/Clarios U.S. Finance Co., 4.75%, 6/15/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4640 | &nbsp;&nbsp;&nbsp;&nbsp; 5466374 |
| Cleveland-Cliffs, Inc., 7.00%, 3/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8900 | &nbsp;&nbsp;&nbsp;&nbsp; 8905577 |
| Cloud Software Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 3/31/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3180 | &nbsp;&nbsp;&nbsp;&nbsp; 3098786 |
| &nbsp;&nbsp;&nbsp;9.00%, 9/30/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp; 7370364 |
| Clydesdale Acquisition Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 4/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4269 | &nbsp;&nbsp;&nbsp;&nbsp; 4019892 |
| &nbsp;&nbsp;&nbsp;8.75%, 4/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7712 | &nbsp;&nbsp;&nbsp;&nbsp; 7001811 |
| Dream Finders Homes, Inc., 6.875%, 9/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350 | &nbsp;&nbsp;&nbsp;&nbsp; 6232463 |
| EchoStar Corp., 10.75%, 11/30/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3904 | &nbsp;&nbsp;&nbsp;&nbsp; 4241237 |
| Global Medical Response, Inc., 7.375%, 10/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6170 | &nbsp;&nbsp;&nbsp;&nbsp; 6435372 |
| Global Partners LP/GLP Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, 7/1/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5080 | &nbsp;&nbsp;&nbsp;&nbsp; 5208951 |
| &nbsp;&nbsp;&nbsp;8.25%, 1/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5080 | &nbsp;&nbsp;&nbsp;&nbsp; 5335778 |

---

*33*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000s omitted)** | **Principal<br> Amount<br> (000s omitted)** | &nbsp;&nbsp;**Value** |
| United States (continued) | United States (continued) | United States (continued) | United States (continued) |
| Herc Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 3/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3275 | &nbsp;&nbsp;$3284812 |
| &nbsp;&nbsp;&nbsp;6.00%, 3/15/34<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3290 | &nbsp;&nbsp;&nbsp;&nbsp; 3265672 |
| Hightower Holding LLC, 9.125%, 1/31/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2540 | &nbsp;&nbsp;&nbsp;&nbsp; 2649355 |
| JB Poindexter & Co., Inc., 8.75%, 12/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8915 | &nbsp;&nbsp;&nbsp;&nbsp; 9249250 |
| K Hovnanian Enterprises, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 4/1/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3560 | &nbsp;&nbsp;&nbsp;&nbsp; 3592966 |
| &nbsp;&nbsp;&nbsp;8.375%, 10/1/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3560 | &nbsp;&nbsp;&nbsp;&nbsp; 3579922 |
| King U.S. Bidco, Inc., 5.454%, (3 mo. EURIBOR + 3.25%), 12/1/32<sup>(2)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp; 5569913 |
| LBM Acquisition LLC, 9.50%, 6/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2628704 |
| Leeward Renewable Energy Operations LLC, 4.25%, 7/1/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9530 | &nbsp;&nbsp;&nbsp;&nbsp; 9122973 |
| Level 3 Financing, Inc., 7.00%, 3/31/34<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350 | &nbsp;&nbsp;&nbsp;&nbsp; 6590487 |
| LifePoint Health, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 1/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10170 | &nbsp;&nbsp;&nbsp;&nbsp; 9814866 |
| &nbsp;&nbsp;&nbsp;10.00%, 6/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1270 | &nbsp;&nbsp;&nbsp;&nbsp; 1301432 |
| Men's Wearhouse LLC, 9.00%, 2/1/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8900 | &nbsp;&nbsp;&nbsp;&nbsp; 9424050 |
| Michaels Cos., Inc., 8.50%, 3/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6975 | &nbsp;&nbsp;&nbsp;&nbsp; 6893566 |
| Midcap Financial Issuer Trust, 5.923%, (3 mo. SOFR + 2.25%), 1/15/33<sup>(1)(2)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp; 35962850 |
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC, 8.25%, 4/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6990 | &nbsp;&nbsp;&nbsp;&nbsp; 7279666 |
| Moog, Inc., 5.50%, 10/15/34<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp; 953222 |
| National Mentor Holdings, Inc., 10.50%, 12/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6670 | &nbsp;&nbsp;&nbsp;&nbsp; 6981585 |
| Nexstar Media, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 9/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2065 | &nbsp;&nbsp;&nbsp;&nbsp; 2082224 |
| &nbsp;&nbsp;&nbsp;7.25%, 4/15/34<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1860 | &nbsp;&nbsp;&nbsp;&nbsp; 1873217 |
| NGL Energy Operating LLC/NGL Energy Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.125%, 2/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3810 | &nbsp;&nbsp;&nbsp;&nbsp; 3951209 |
| &nbsp;&nbsp;&nbsp;8.375%, 2/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1270 | &nbsp;&nbsp;&nbsp;&nbsp; 1333500 |
| NRG Energy, Inc., 6.125%, 5/15/36<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4480 | &nbsp;&nbsp;&nbsp;&nbsp; 4465021 |
| OAK-Eagle Acquireco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 7/1/33<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp; 1934852 |
| &nbsp;&nbsp;&nbsp;8.75%, 7/1/34<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4225 | &nbsp;&nbsp;&nbsp;&nbsp; 4399226 |
| Olympus Water U.S. Holding Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 2/15/33<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp; 2209055 |
| &nbsp;&nbsp;&nbsp;6.125%, 2/15/33<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 8138625 |
| &nbsp;&nbsp;&nbsp;7.25%, 2/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3810 | &nbsp;&nbsp;&nbsp;&nbsp; 3727429 |
| Park River Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 3/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5080 | &nbsp;&nbsp;&nbsp;&nbsp; 5113086 |
| &nbsp;&nbsp;&nbsp;8.75%, 12/31/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2540 | &nbsp;&nbsp;&nbsp;&nbsp; 2404373 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000s omitted)** | **Principal<br> Amount<br> (000s omitted)** | &nbsp;&nbsp;**Value** |
| United States (continued) | United States (continued) | United States (continued) | United States (continued) |
| Perrigo Finance Unlimited Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/44 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;$3438200 |
| &nbsp;&nbsp;&nbsp;5.375%, 9/30/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4580 | &nbsp;&nbsp;&nbsp;&nbsp; 5216847 |
| PetSmart LLC/PetSmart Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 9/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4450 | &nbsp;&nbsp;&nbsp;&nbsp; 4509424 |
| &nbsp;&nbsp;&nbsp;10.00%, 9/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4450 | &nbsp;&nbsp;&nbsp;&nbsp; 4497886 |
| Risewell Homes, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 11/1/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2540 | &nbsp;&nbsp;&nbsp;&nbsp; 2598352 |
| &nbsp;&nbsp;&nbsp;9.25%, 10/1/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350 | &nbsp;&nbsp;&nbsp;&nbsp; 6596704 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 4.00%, 10/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7630 | &nbsp;&nbsp;&nbsp;&nbsp; 6880368 |
| Sinclair Television Group, Inc., 8.125%, 2/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350 | &nbsp;&nbsp;&nbsp;&nbsp; 6579965 |
| Smyrna Ready Mix Concrete LLC, 6.00%, 11/1/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;&nbsp;&nbsp; 498944 |
| Standard Industries, Inc., 4.75%, 1/15/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1347 | &nbsp;&nbsp;&nbsp;&nbsp; 1340228 |
| Stonebriar ABF Issuer LLC, 8.125%, 12/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8160 | &nbsp;&nbsp;&nbsp;&nbsp; 8575679 |
| Sunoco LP, 7.875% to 9/18/30<sup>(1)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17790 | &nbsp;&nbsp;&nbsp;&nbsp; 18433037 |
| Surgery Center Holdings, Inc., 7.25%, 4/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9833 | &nbsp;&nbsp;&nbsp;&nbsp; 9819040 |
| Sword Purchaser LLC, 8.25%, 4/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2485 | &nbsp;&nbsp;&nbsp;&nbsp; 2544648 |
| Synergy Infrastructure Holdings LLC, 7.875%, 12/1/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7630 | &nbsp;&nbsp;&nbsp;&nbsp; 8029842 |
| TEAM Services Holding, Inc., 9.00%, 2/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7630 | &nbsp;&nbsp;&nbsp;&nbsp; 7638088 |
| TKC Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 8/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6275 | &nbsp;&nbsp;&nbsp;&nbsp; 6427188 |
| &nbsp;&nbsp;&nbsp;12.00%, 2/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 573556 |
| TransDigm, Inc., 4.625%, 1/15/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp; 14813311 |
| Transocean International Ltd., 8.25%, 5/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3810 | &nbsp;&nbsp;&nbsp;&nbsp; 3957908 |
| U.S. Foods, Inc., 4.75%, 2/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7030 | &nbsp;&nbsp;&nbsp;&nbsp; 6958214 |
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.625%, 6/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556 | &nbsp;&nbsp;&nbsp;&nbsp; 582329 |
| &nbsp;&nbsp;&nbsp;8.625%, 6/15/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350 | &nbsp;&nbsp;&nbsp;&nbsp; 6650701 |
| Uniti Services LLC, 7.50%, 10/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6348 | &nbsp;&nbsp;&nbsp;&nbsp; 6687402 |
| Univision Communications, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 7/31/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2247 | &nbsp;&nbsp;&nbsp;&nbsp; 2282064 |
| &nbsp;&nbsp;&nbsp;8.875%, 4/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595 | &nbsp;&nbsp;&nbsp;&nbsp; 598686 |
| &nbsp;&nbsp;&nbsp;9.375%, 8/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6525 | &nbsp;&nbsp;&nbsp;&nbsp; 6757310 |
| Venture Global Calcasieu Pass LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 11/1/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6350 | &nbsp;&nbsp;&nbsp;&nbsp; 5662442 |
| &nbsp;&nbsp;&nbsp;6.00%, 5/1/36<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1260 | &nbsp;&nbsp;&nbsp;&nbsp; 1270399 |
| Venture Global LNG, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.00% to 9/30/29<sup>(1)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2350 | &nbsp;&nbsp;&nbsp;&nbsp; 2325860 |
| &nbsp;&nbsp;&nbsp;9.875%, 2/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2146640 |
| Versant Media Group, Inc., 7.25%, 1/30/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7240 | &nbsp;&nbsp;&nbsp;&nbsp; 7520582 |
| VoltaGrid LLC, 7.375%, 11/1/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9530 | &nbsp;&nbsp;&nbsp;&nbsp; 9895828 |

---

*34*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000s omitted)** | **Principal<br> Amount<br> (000s omitted)** | &nbsp;&nbsp;**Value** |
| United States (continued) | United States (continued) | United States (continued) | United States (continued) |
| Voyager Parent LLC, 9.25%, 7/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8419 | &nbsp;&nbsp;$8957799 |
| WBI Operating LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 10/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2540 | &nbsp;&nbsp;&nbsp;&nbsp; 2576716 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4450 | &nbsp;&nbsp;&nbsp;&nbsp; 4500307 |
| White Cap Supply Holdings LLC, 7.375%, 11/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10118880 |
| WULF Compute LLC, 7.75%, 10/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7361271 |
| XPLR Infrastructure Operating Partners LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.25%, 1/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1910 | &nbsp;&nbsp;&nbsp;&nbsp; 1987217 |
| &nbsp;&nbsp;&nbsp;8.375%, 1/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2540 | &nbsp;&nbsp;&nbsp;&nbsp; 2715326 |
| &nbsp;&nbsp;&nbsp;8.625%, 3/15/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4450 | &nbsp;&nbsp;&nbsp;&nbsp; 4770714 |
| Total Corporate Bonds<br> (identified cost $691,394,313) |  |  | &nbsp;&nbsp;**$688730254** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Foreign Corporate Bonds — 5.6%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Angola — 0.2% | Angola — 0.2% | Angola — 0.2% | Angola — 0.2% |
| Azule Energy Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.125%, 1/23/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8402 | &nbsp;&nbsp;$8673746 |
| &nbsp;&nbsp;&nbsp;8.125%, 1/23/30<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8638 | &nbsp;&nbsp;&nbsp;&nbsp; 8917379 |
| &nbsp;&nbsp;&nbsp;8.625%, 1/22/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2602 | &nbsp;&nbsp;&nbsp;&nbsp; 2702666 |
| Sonangol Finance Ltd., 10.00%, 1/29/31<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5095 | &nbsp;&nbsp;&nbsp;&nbsp; 5218029 |
|  |  |  | &nbsp;&nbsp;**$25511820** |
| Argentina — 0.2% | Argentina — 0.2% | Argentina — 0.2% | Argentina — 0.2% |
| Banco Macro SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 6/23/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;963 | &nbsp;&nbsp;$983705 |
| &nbsp;&nbsp;&nbsp;8.00%, 6/23/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5936 | &nbsp;&nbsp;&nbsp;&nbsp; 6063624 |
| Empresa Distribuidora de Electricidad de Mendoza SA, 9.75% to 7/28/29, 7/28/31<sup>(1)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7420 | &nbsp;&nbsp;&nbsp;&nbsp; 7206675 |
| Generacion Mediterranea SA/Central Termica Roca SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;11.00%, 11/1/31<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 173650 |
| &nbsp;&nbsp;&nbsp;11.00%, 11/1/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3775 | &nbsp;&nbsp;&nbsp;&nbsp; 2849766 |
| IRSA Inversiones y Representaciones SA, 8.00%, 3/31/35<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5139 | &nbsp;&nbsp;&nbsp;&nbsp; 5347666 |
| Vista Energy Argentina SAU, 8.50%, 6/10/33<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4562 | &nbsp;&nbsp;&nbsp;&nbsp; 4850546 |
| YPF SA, 8.25%, 1/17/34<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2355 | &nbsp;&nbsp;&nbsp;&nbsp; 2467365 |
|  |  |  | &nbsp;&nbsp;**$29942997** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Armenia — 0.0%<sup>†</sup> | Armenia — 0.0%<sup>†</sup> | Armenia — 0.0%<sup>†</sup> | Armenia — 0.0%<sup>†</sup> |
| Ardshinbank CJSC Via Dilijan Finance BV, 6.60%, 1/22/31<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5618 | &nbsp;&nbsp;$5656805 |
|  |  |  | &nbsp;&nbsp;**$5656805** |
| Brazil — 1.1% | Brazil — 1.1% | Brazil — 1.1% | Brazil — 1.1% |
| Adecoagro SA, 7.50%, 7/29/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4559 | &nbsp;&nbsp;$4517695 |
| Azul Secured Finance LLP, 9.875%, 2/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1739 | &nbsp;&nbsp;&nbsp;&nbsp; 1549884 |
| Braskem Netherlands Finance BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 1/10/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2164 | &nbsp;&nbsp;&nbsp;&nbsp; 1360615 |
| &nbsp;&nbsp;&nbsp;4.50%, 1/31/30<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15841 | &nbsp;&nbsp;&nbsp;&nbsp; 9376446 |
| &nbsp;&nbsp;&nbsp;7.25%, 2/13/33<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1897 | &nbsp;&nbsp;&nbsp;&nbsp; 1088404 |
| &nbsp;&nbsp;&nbsp;8.00%, 10/15/34<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2524 | &nbsp;&nbsp;&nbsp;&nbsp; 1478155 |
| &nbsp;&nbsp;&nbsp;8.50%, 1/12/31<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1087 | &nbsp;&nbsp;&nbsp;&nbsp; 654222 |
| &nbsp;&nbsp;&nbsp;12.004% to 10/24/30, 1/23/81<sup>(10)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9310 | &nbsp;&nbsp;&nbsp;&nbsp; 2642644 |
| Constellation Oil Services Holding SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.375%, 11/7/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5843 | &nbsp;&nbsp;&nbsp;&nbsp; 6140993 |
| &nbsp;&nbsp;&nbsp;9.375%, 11/7/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5960 | &nbsp;&nbsp;&nbsp;&nbsp; 6263960 |
| CSN Inova Ventures, 6.75%, 1/28/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6287 | &nbsp;&nbsp;&nbsp;&nbsp; 5365495 |
| CSN Resources SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 6/10/31<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1296 | &nbsp;&nbsp;&nbsp;&nbsp; 888372 |
| &nbsp;&nbsp;&nbsp;5.875%, 4/8/32<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599 | &nbsp;&nbsp;&nbsp;&nbsp; 410408 |
| FS Luxembourg SARL, 8.125%, 2/11/36<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10785 | &nbsp;&nbsp;&nbsp;&nbsp; 9996347 |
| Gol Finance, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;14.375%, 6/6/30<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1244 | &nbsp;&nbsp;&nbsp;&nbsp; 1189824 |
| &nbsp;&nbsp;&nbsp;14.375%, 6/6/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12269 | &nbsp;&nbsp;&nbsp;&nbsp; 11734685 |
| MC Brazil Downstream Trading SARL, 7.25%, 6/30/31<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5811 | &nbsp;&nbsp;&nbsp;&nbsp; 5438307 |
| MV24 Capital BV, 6.748%, 6/1/34<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3277 | &nbsp;&nbsp;&nbsp;&nbsp; 3300196 |
| Oceanica Lux: |  |  |  |
| &nbsp;&nbsp;&nbsp;13.00%, 10/2/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4394 | &nbsp;&nbsp;&nbsp;&nbsp; 4716423 |
| &nbsp;&nbsp;&nbsp;13.00%, 10/2/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9870 | &nbsp;&nbsp;&nbsp;&nbsp; 10594241 |
| OHI Group SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;13.00%, 7/22/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5669 | &nbsp;&nbsp;&nbsp;&nbsp; 5777968 |
| &nbsp;&nbsp;&nbsp;13.00%, 7/22/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10441 | &nbsp;&nbsp;&nbsp;&nbsp; 10641842 |
| OI SA, 10.00%, (10.00% cash or 7.50% cash and 6.00% PIK), 6/30/27<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3657 | &nbsp;&nbsp;&nbsp;&nbsp; 1773438 |
| Raizen Fuels Finance SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.70%, 1/17/35<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5649 | &nbsp;&nbsp;&nbsp;&nbsp; 3097064 |
| &nbsp;&nbsp;&nbsp;6.25%, 7/8/32<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843 | &nbsp;&nbsp;&nbsp;&nbsp; 463650 |
| &nbsp;&nbsp;&nbsp;6.25%, 7/8/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7037 | &nbsp;&nbsp;&nbsp;&nbsp; 3870350 |
| &nbsp;&nbsp;&nbsp;6.45%, 3/5/34<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2067 | &nbsp;&nbsp;&nbsp;&nbsp; 1127807 |
| &nbsp;&nbsp;&nbsp;6.70%, 2/25/37<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7666 | &nbsp;&nbsp;&nbsp;&nbsp; 4173179 |
| Samarco Mineracao SA, 9.50%, (4.00% cash and 5.00% PIK), 6/30/31<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19556 | &nbsp;&nbsp;&nbsp;&nbsp; 19631730 |

---

*35*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Brazil (continued) | Brazil (continued) | Brazil (continued) | Brazil (continued) |
| Unigel Luxembourg SA, 13.50%, (13.50% cash or 15.00% PIK), 12/31/27<sup>(10)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;$18595 |
| Vale SA, Series A6, 0.00%<sup>(13)(16)</sup> | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50226 | &nbsp;&nbsp;&nbsp;&nbsp; 4247406 |
| Yinson Boronia Production BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.947%, 7/31/42<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp; 2110473 |
| &nbsp;&nbsp;&nbsp;8.947%, 7/31/42<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2691 | &nbsp;&nbsp;&nbsp;&nbsp; 2981138 |
|  |  |  | &nbsp;&nbsp;**$148621956** |
| Cameroon — 0.0%<sup>†</sup> | Cameroon — 0.0%<sup>†</sup> | Cameroon — 0.0%<sup>†</sup> | Cameroon — 0.0%<sup>†</sup> |
| Golar LNG Ltd., 7.75%, 9/19/29<sup>(1)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3400 | &nbsp;&nbsp;$3470048 |
|  |  |  | &nbsp;&nbsp;**$3470048** |
| Canada — 0.1% | Canada — 0.1% | Canada — 0.1% | Canada — 0.1% |
| 1011778 BC ULC/New Red Finance, Inc., 3.875%, 1/15/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089 | &nbsp;&nbsp;$1069336 |
| Aris Gold Corp., 7.50%, 8/26/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;906 | &nbsp;&nbsp;&nbsp;&nbsp; 915080 |
| New Flyer Holdings, Inc., 9.25%, 7/1/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5080 | &nbsp;&nbsp;&nbsp;&nbsp; 5484820 |
| Polaris Renewable Energy, Inc., 9.50%, 12/3/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3125 | &nbsp;&nbsp;&nbsp;&nbsp; 3273438 |
| Toucan FinCo Ltd./Toucan FinCo Can, Inc./Toucan FinCo U.S. LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.25%, 5/15/30<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1010448 |
| &nbsp;&nbsp;&nbsp;9.50%, 5/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;939 | &nbsp;&nbsp;&nbsp;&nbsp; 823614 |
|  |  |  | &nbsp;&nbsp;**$12576736** |
| China — 0.1% | China — 0.1% | China — 0.1% | China — 0.1% |
| Kaisa Group Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, (5.25% cash or 6.25% PIK), 12/28/28<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48 | &nbsp;&nbsp;$955 |
| &nbsp;&nbsp;&nbsp;6.50%, (5.50% cash or 6.50% PIK), 12/28/29<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 1299 |
| &nbsp;&nbsp;&nbsp;6.75%, (5.75% cash or 6.75% PIK), 12/28/30<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96 | &nbsp;&nbsp;&nbsp;&nbsp; 1687 |
| &nbsp;&nbsp;&nbsp;7.00%, (6.00% cash or 7.00% PIK), 12/28/31<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp; 2904 |
| &nbsp;&nbsp;&nbsp;7.25%, (6.25% cash or 7.25% PIK), 12/28/32<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137 | &nbsp;&nbsp;&nbsp;&nbsp; 2733 |
| &nbsp;&nbsp;&nbsp;7.721%, (6.72% cash or 7.721% PIK), 12/28/27<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33 | &nbsp;&nbsp;&nbsp;&nbsp; 654 |
| KWG Group Holdings Ltd., 7.875%, 8/30/24<sup>(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519 | &nbsp;&nbsp;&nbsp;&nbsp; 28545 |
| Longfor Group Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 4/13/27<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1943 | &nbsp;&nbsp;&nbsp;&nbsp; 1849415 |
| &nbsp;&nbsp;&nbsp;3.95%, 9/16/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8681 | &nbsp;&nbsp;&nbsp;&nbsp; 7150488 |
| &nbsp;&nbsp;&nbsp;4.50%, 1/16/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1915 | &nbsp;&nbsp;&nbsp;&nbsp; 1781991 |
| Shimao Group Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, (2.00% cash or 3.00% PIK), 7/21/32<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp; 14348 |
| &nbsp;&nbsp;&nbsp;2.00%, (2.00% cash or 3.00% PIK), 7/21/33<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717 | &nbsp;&nbsp;&nbsp;&nbsp; 16141 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| China (continued) | China (continued) | China (continued) | China (continued) |
| Shimao Group Holdings Ltd.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, (2.00% cash or 3.00% PIK), 1/21/34<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717 | &nbsp;&nbsp;$14950 |
| &nbsp;&nbsp;&nbsp;5.95%, (5.00% cash or 6.00% PIK), 7/21/31<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2651 | &nbsp;&nbsp;&nbsp;&nbsp; 99430 |
| Times China Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 3/30/29<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282 | &nbsp;&nbsp;&nbsp;&nbsp; 9510 |
| &nbsp;&nbsp;&nbsp;4.20%, 9/30/32<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1051 | &nbsp;&nbsp;&nbsp;&nbsp; 32849 |
| Yanlord Land HK Co. Ltd., 5.125%, 5/20/26<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 199831 |
|  |  |  | &nbsp;&nbsp;**$11207730** |
| Colombia — 0.2% | Colombia — 0.2% | Colombia — 0.2% | Colombia — 0.2% |
| ABRA Global Finance, 14.00%, (6.00% cash and 8.00% PIK), 10/22/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5776 | &nbsp;&nbsp;$5488879 |
| Banco Davivienda SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.65% to 4/22/31<sup>(10)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9565 | &nbsp;&nbsp;&nbsp;&nbsp; 8934773 |
| &nbsp;&nbsp;&nbsp;8.125% to 7/2/30, 7/2/35<sup>(10)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp; 948934 |
| &nbsp;&nbsp;&nbsp;8.125% to 7/2/30, 7/2/35<sup>(1)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6519 | &nbsp;&nbsp;&nbsp;&nbsp; 6724022 |
| Banco de Occidente SA, 10.875% to 5/13/29, 8/13/34<sup>(10)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5797 | &nbsp;&nbsp;&nbsp;&nbsp; 6532639 |
|  |  |  | &nbsp;&nbsp;**$28629247** |
| France — 0.1% | France — 0.1% | France — 0.1% | France — 0.1% |
| Atos SE, 9.36% to 12/18/26, 12/18/29<sup>(4)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396 | &nbsp;&nbsp;$531490 |
| Betclic Everest Group SAS, 5.125%, 12/10/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6230 | &nbsp;&nbsp;&nbsp;&nbsp; 7331980 |
| Egis SA, 5.125%, 5/15/31<sup>(10)(18)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1930 | &nbsp;&nbsp;&nbsp;&nbsp; 2273374 |
|  |  |  | &nbsp;&nbsp;**$10136844** |
| Georgia — 0.2% | Georgia — 0.2% | Georgia — 0.2% | Georgia — 0.2% |
| Bank of Georgia JSC: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.50% to 7/16/29<sup>(1)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$209601 |
| &nbsp;&nbsp;&nbsp;9.50% to 7/16/29<sup>(10)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9577 | &nbsp;&nbsp;&nbsp;&nbsp; 10036743 |
| TBC Bank Group PLC, 22.00%, 6/5/28<sup>(1)</sup> | UZS | &nbsp;&nbsp;&nbsp;&nbsp;16650000 | &nbsp;&nbsp;&nbsp;&nbsp; 1401727 |
| TBC Bank JSC: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.894% to 11/6/26<sup>(10)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3481 | &nbsp;&nbsp;&nbsp;&nbsp; 3511236 |
| &nbsp;&nbsp;&nbsp;10.25% to 7/30/29<sup>(10)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6004 | &nbsp;&nbsp;&nbsp;&nbsp; 6437973 |
|  |  |  | &nbsp;&nbsp;**$21597280** |
| Germany — 0.1% | Germany — 0.1% | Germany — 0.1% | Germany — 0.1% |
| alstria SARL, 4.25%, 10/15/29<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;$2742331 |
| Cerdia Finanz GmbH, 9.375%, 10/3/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5080 | &nbsp;&nbsp;&nbsp;&nbsp; 4889500 |
| IHO Verwaltungs GmbH: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, (5.625% cash or 6.375% PIK), 5/15/31<sup>(10)(15)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670 | &nbsp;&nbsp;&nbsp;&nbsp; 799533 |

---

*36*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Germany (continued) | Germany (continued) | Germany (continued) | Germany (continued) |
| IHO Verwaltungs GmbH: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;7.375%, (7.375% cash or 8.125% PIK), 5/15/33<sup>(1)(15)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;$432456 |
|  |  |  | &nbsp;&nbsp;**$8863820** |
| Ghana — 0.0%<sup>†</sup> | Ghana — 0.0%<sup>†</sup> | Ghana — 0.0%<sup>†</sup> | Ghana — 0.0%<sup>†</sup> |
| Tullow Holdco 2 Ltd., 15.00%, (12.00% cash and 3.00% PIK), 11/15/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4415 | &nbsp;&nbsp;$4546603 |
|  |  |  | &nbsp;&nbsp;**$4546603** |
| Greece — 0.1% | Greece — 0.1% | Greece — 0.1% | Greece — 0.1% |
| Intralot Capital Luxembourg SA, 6.75%, 10/15/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2723 | &nbsp;&nbsp;$3119387 |
| Piraeus Bank SA, 6.125% to 10/15/32<sup>(10)(13)(14)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3128 | &nbsp;&nbsp;&nbsp;&nbsp; 3610775 |
|  |  |  | &nbsp;&nbsp;**$6730162** |
| Guyana — 0.0%<sup>†</sup> | Guyana — 0.0%<sup>†</sup> | Guyana — 0.0%<sup>†</sup> | Guyana — 0.0%<sup>†</sup> |
| Secure International Finance Co., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;10.00%, 6/3/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1147 | &nbsp;&nbsp;$1152794 |
| &nbsp;&nbsp;&nbsp;10.00%, 6/3/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2471 | &nbsp;&nbsp;&nbsp;&nbsp; 2483119 |
|  |  |  | &nbsp;&nbsp;**$3635913** |
| Hong Kong — 0.0%<sup>†</sup> | Hong Kong — 0.0%<sup>†</sup> | Hong Kong — 0.0%<sup>†</sup> | Hong Kong — 0.0%<sup>†</sup> |
| Li & Fung Ltd., 8.375%, 2/5/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;$1648477 |
| Yuexiu REIT MTN Co. Ltd., 6.50%, 2/12/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1798 | &nbsp;&nbsp;&nbsp;&nbsp; 1824895 |
|  |  |  | &nbsp;&nbsp;**$3473372** |
| Hungary — 0.1% | Hungary — 0.1% | Hungary — 0.1% | Hungary — 0.1% |
| MBH Bank Nyrt, 5.25% to 1/29/29, 1/29/30<sup>(10)(14)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5269 | &nbsp;&nbsp;$6216695 |
| OTP Bank Nyrt, 7.30% to 1/30/30, 7/30/35<sup>(10)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2979 | &nbsp;&nbsp;&nbsp;&nbsp; 3123516 |
|  |  |  | &nbsp;&nbsp;**$9340211** |
| Iceland — 0.0% | Iceland — 0.0% | Iceland — 0.0% | Iceland — 0.0% |
| Wow Air Hf., 0.00%, (3 mo. EURIBOR + 9.00%)<sup>(11)(13)(17)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;$0 |
|  |  |  | &nbsp;&nbsp;**$0** |
| India — 0.1% | India — 0.1% | India — 0.1% | India — 0.1% |
| Piramal Finance Ltd., 7.80%, 1/29/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6393 | &nbsp;&nbsp;$6542401 |
| Porteast Investment Pvt Ltd., 0.00%, 5/29/28 | INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730000 | &nbsp;&nbsp;&nbsp;&nbsp; 9261735 |
|  |  |  | &nbsp;&nbsp;**$15804136** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Indonesia — 0.0%<sup>†</sup> | Indonesia — 0.0%<sup>†</sup> | Indonesia — 0.0%<sup>†</sup> | Indonesia — 0.0%<sup>†</sup> |
| Nickel Industries Ltd., 9.00%, 9/30/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1010 | &nbsp;&nbsp;$1053323 |
| Pakuwon Jati Tbk. PT, 4.875%, 4/29/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1520 | &nbsp;&nbsp;&nbsp;&nbsp; 1503606 |
|  |  |  | &nbsp;&nbsp;**$2556929** |
| Ireland — 0.1% | Ireland — 0.1% | Ireland — 0.1% | Ireland — 0.1% |
| Phoenix Aviation Capital Ltd., 9.25%, 7/15/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7630 | &nbsp;&nbsp;$7793267 |
|  |  |  | &nbsp;&nbsp;**$7793267** |
| Italy — 0.1% | Italy — 0.1% | Italy — 0.1% | Italy — 0.1% |
| FIS Fabbrica Italiana Sintetici SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 2/5/31<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;$2912549 |
| &nbsp;&nbsp;&nbsp;5.25%, 2/5/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp; 3611561 |
| &nbsp;&nbsp;&nbsp;5.399%, (3 mo. EURIBOR + 3.25%), 2/5/31<sup>(1)(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 211688 |
| &nbsp;&nbsp;&nbsp;5.399%, (3 mo. EURIBOR + 3.25%), 2/5/31<sup>(2)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555 | &nbsp;&nbsp;&nbsp;&nbsp; 652704 |
| Infrastrutture Wireless Italiane SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 4/19/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1285 | &nbsp;&nbsp;&nbsp;&nbsp; 1348866 |
| &nbsp;&nbsp;&nbsp;3.625%, 10/13/32<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1215 | &nbsp;&nbsp;&nbsp;&nbsp; 1346083 |
|  |  |  | &nbsp;&nbsp;**$10083451** |
| Jamaica — 0.1% | Jamaica — 0.1% | Jamaica — 0.1% | Jamaica — 0.1% |
| Digicel International Finance Ltd./Difl U.S. LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.625%, 8/1/32<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;$767251 |
| &nbsp;&nbsp;&nbsp;8.625%, 8/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6060 | &nbsp;&nbsp;&nbsp;&nbsp; 6308739 |
| NCB Financial Group Ltd., 11.00%, 7/31/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7070 | &nbsp;&nbsp;&nbsp;&nbsp; 7431772 |
|  |  |  | &nbsp;&nbsp;**$14507762** |
| Kazakhstan — 0.2% | Kazakhstan — 0.2% | Kazakhstan — 0.2% | Kazakhstan — 0.2% |
| ForteBank JSC: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.75%, 2/4/30<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2123 | &nbsp;&nbsp;$2192242 |
| &nbsp;&nbsp;&nbsp;7.75%, 2/4/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9679 | &nbsp;&nbsp;&nbsp;&nbsp; 9994684 |
| &nbsp;&nbsp;&nbsp;9.75% to 11/3/30<sup>(10)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8957 | &nbsp;&nbsp;&nbsp;&nbsp; 9188825 |
|  |  |  | &nbsp;&nbsp;**$21375751** |
| Kyrgyzstan — 0.1% | Kyrgyzstan — 0.1% | Kyrgyzstan — 0.1% | Kyrgyzstan — 0.1% |
| Eldik Bank OAO, 8.50%, 4/23/31<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7280 | &nbsp;&nbsp;$7300178 |
|  |  |  | &nbsp;&nbsp;**$7300178** |
| Luxembourg — 0.3% | Luxembourg — 0.3% | Luxembourg — 0.3% | Luxembourg — 0.3% |
| Aegis Lux 1a SARL, 5.625% PIK, 10/29/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4640 | &nbsp;&nbsp;$5475476 |
| Alexandrite Lake Lux Holdings SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 7/30/30<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1156479 |
| &nbsp;&nbsp;&nbsp;6.75%, 7/30/30<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4625916 |

---

*37*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Luxembourg (continued) | Luxembourg (continued) | Luxembourg (continued) | Luxembourg (continued) |
| Currenta Group Holdings SARL, 5.984%, (3 mo. EURIBOR + 4.00%), 5/15/32<sup>(2)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4640 | &nbsp;&nbsp;$5493367 |
| Essendi SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 5/15/32<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1485 | &nbsp;&nbsp;&nbsp;&nbsp; 1739931 |
| &nbsp;&nbsp;&nbsp;6.375%, 10/15/29<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3690 | &nbsp;&nbsp;&nbsp;&nbsp; 4456562 |
| FORESEA Holding SA, 7.50%, 6/15/30<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3523 | &nbsp;&nbsp;&nbsp;&nbsp; 3494773 |
| INEOS Finance PLC, 7.25%, 3/31/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2120 | &nbsp;&nbsp;&nbsp;&nbsp; 2419494 |
| J&F Luxembourg Finance SARL, 8.50%, 12/1/32<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10177 | &nbsp;&nbsp;&nbsp;&nbsp; 10317036 |
| LHMC Finco 2 SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.375%, (8.625% cash or 9.375% PIK), 5/15/30<sup>(1)(15)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1582 | &nbsp;&nbsp;&nbsp;&nbsp; 1955223 |
| &nbsp;&nbsp;&nbsp;9.375%, (8.625% cash or 9.375% PIK), 5/15/30<sup>(10)(15)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3468 | &nbsp;&nbsp;&nbsp;&nbsp; 4285875 |
|  |  |  | &nbsp;&nbsp;**$45420132** |
| Mexico — 0.3% | Mexico — 0.3% | Mexico — 0.3% | Mexico — 0.3% |
| Alpha Holding SA de CV: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.00%, 2/10/25<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2654 | &nbsp;&nbsp;$19904 |
| &nbsp;&nbsp;&nbsp;10.00%, 12/19/22<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440 | &nbsp;&nbsp;&nbsp;&nbsp; 10798 |
| Banco Mercantil del Norte SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.875% to 1/24/27<sup>(10)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736 | &nbsp;&nbsp;&nbsp;&nbsp; 736745 |
| &nbsp;&nbsp;&nbsp;7.625% to 1/10/28<sup>(10)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922 | &nbsp;&nbsp;&nbsp;&nbsp; 943140 |
| &nbsp;&nbsp;&nbsp;8.375% to 10/14/30<sup>(10)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2291 | &nbsp;&nbsp;&nbsp;&nbsp; 2437979 |
| BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.125% to 1/18/28, 1/18/33<sup>(10)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5354 | &nbsp;&nbsp;&nbsp;&nbsp; 5272084 |
| &nbsp;&nbsp;&nbsp;8.45% to 6/29/33, 6/29/38<sup>(10)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1486 | &nbsp;&nbsp;&nbsp;&nbsp; 1637058 |
| &nbsp;&nbsp;&nbsp;8.45% to 6/29/33, 6/29/38<sup>(1)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1771 | &nbsp;&nbsp;&nbsp;&nbsp; 1951029 |
| Braskem Idesa SAPI: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.99%, 2/20/32<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5699 | &nbsp;&nbsp;&nbsp;&nbsp; 4008876 |
| &nbsp;&nbsp;&nbsp;7.45%, 11/15/29<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2234 | &nbsp;&nbsp;&nbsp;&nbsp; 1574411 |
| Controladora Mabe SA de CV, 5.60%, 10/23/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2287 | &nbsp;&nbsp;&nbsp;&nbsp; 2042485 |
| Fideicomiso Irrevocable de Administracion y Fuente de Pago Numero CIB: |  |  |  |
| &nbsp;&nbsp;&nbsp;11.00% to 9/12/27, (11.00% cash and 2.00% PIK), 9/12/30<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6229 | &nbsp;&nbsp;&nbsp;&nbsp; 2725056 |
| &nbsp;&nbsp;&nbsp;11.00% to 9/12/27, (11.00% cash and 2.00% PIK), 9/12/31<sup>(1)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1693 | &nbsp;&nbsp;&nbsp;&nbsp; 740688 |
| Financiera Independencia SAB de CV SOFOM ENR, 12.00%, 3/1/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1121 | &nbsp;&nbsp;&nbsp;&nbsp; 1118198 |
| Grupo Aeromexico SAB de CV: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.625%, 11/15/31<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2656 | &nbsp;&nbsp;&nbsp;&nbsp; 2586280 |
| &nbsp;&nbsp;&nbsp;8.625%, 11/15/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6345 | &nbsp;&nbsp;&nbsp;&nbsp; 6178444 |
| Orbia Advance Corp. SAB de CV: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.80%, 5/13/30<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1562 | &nbsp;&nbsp;&nbsp;&nbsp; 1573324 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Mexico (continued) | Mexico (continued) | Mexico (continued) | Mexico (continued) |
| Orbia Advance Corp. SAB de CV: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 5/13/35<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1962 | &nbsp;&nbsp;$1979077 |
| Petroleos Mexicanos, 6.75%, 9/21/47 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5480 | &nbsp;&nbsp;&nbsp;&nbsp; 4619519 |
|  |  |  | &nbsp;&nbsp;**$42155095** |
| Mongolia — 0.1% | Mongolia — 0.1% | Mongolia — 0.1% | Mongolia — 0.1% |
| Golomt Bank, 11.00%, 5/20/27<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2672 | &nbsp;&nbsp;$2772712 |
| Mongolian Mining Corp., 8.44%, 4/3/30<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3327 | &nbsp;&nbsp;&nbsp;&nbsp; 3388405 |
| State Bank JSC, 8.90%, 9/25/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6640 | &nbsp;&nbsp;&nbsp;&nbsp; 6628159 |
|  |  |  | &nbsp;&nbsp;**$12789276** |
| Nigeria — 0.2% | Nigeria — 0.2% | Nigeria — 0.2% | Nigeria — 0.2% |
| Access Bank PLC, 6.125%, 9/21/26<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6696 | &nbsp;&nbsp;$6676495 |
| Dangote Fertiliser Ltd., 7.75%, 5/5/31<sup>(10)(18)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15100 | &nbsp;&nbsp;&nbsp;&nbsp; 15329369 |
|  |  |  | &nbsp;&nbsp;**$22005864** |
| Pakistan — 0.1% | Pakistan — 0.1% | Pakistan — 0.1% | Pakistan — 0.1% |
| Veon Midco BV, 3.375%, 11/25/27<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7407 | &nbsp;&nbsp;$7246409 |
|  |  |  | &nbsp;&nbsp;**$7246409** |
| Panama — 0.0%<sup>†</sup> | Panama — 0.0%<sup>†</sup> | Panama — 0.0%<sup>†</sup> | Panama — 0.0%<sup>†</sup> |
| Banco Latinoamericano de Comercio Exterior SA, 7.50% to 9/17/32<sup>(1)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2429 | &nbsp;&nbsp;$2492142 |
|  |  |  | &nbsp;&nbsp;**$2492142** |
| Paraguay — 0.0%<sup>†</sup> | Paraguay — 0.0%<sup>†</sup> | Paraguay — 0.0%<sup>†</sup> | Paraguay — 0.0%<sup>†</sup> |
| Frigorifico Concepcion SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.70%, 7/21/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;907 | &nbsp;&nbsp;$235820 |
| &nbsp;&nbsp;&nbsp;7.70%, 7/21/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;914 | &nbsp;&nbsp;&nbsp;&nbsp; 237640 |
|  |  |  | &nbsp;&nbsp;**$473460** |
| Peru — 0.1% | Peru — 0.1% | Peru — 0.1% | Peru — 0.1% |
| Auna SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;10.00%, 12/18/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3516 | &nbsp;&nbsp;$3667080 |
| &nbsp;&nbsp;&nbsp;10.00%, 12/18/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5370 | &nbsp;&nbsp;&nbsp;&nbsp; 5600762 |
| Integratel Peru SAA, 7.375%, 4/10/27<sup>(10)(17)</sup> | PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 481071 |
|  |  |  | &nbsp;&nbsp;**$9748913** |
| Russia — 0.0% | Russia — 0.0% | Russia — 0.0% | Russia — 0.0% |
| Tinkoff Bank JSC Via TCS Finance Ltd., 6.00% to 12/20/26<sup>(10)(11)(13)(14)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1226 | &nbsp;&nbsp;$0 |
|  |  |  | &nbsp;&nbsp;**$0** |

---

*38*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Saudi Arabia — 0.0%<sup>†</sup> | Saudi Arabia — 0.0%<sup>†</sup> | Saudi Arabia — 0.0%<sup>†</sup> | Saudi Arabia — 0.0%<sup>†</sup> |
| Riyad Sukuk Ltd., 6.209% to 7/14/30, 7/14/35<sup>(10)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1906 | &nbsp;&nbsp;$1914845 |
| Saudi Awwal Bank, 5.947% to 9/4/30, 9/4/35<sup>(10)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4548 | &nbsp;&nbsp;&nbsp;&nbsp; 4539810 |
|  |  |  | &nbsp;&nbsp;**$6454655** |
| Slovenia — 0.0%<sup>†</sup> | Slovenia — 0.0%<sup>†</sup> | Slovenia — 0.0%<sup>†</sup> | Slovenia — 0.0%<sup>†</sup> |
| Summer BidCo BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.875% PIK, 1/31/31<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;$558552 |
| &nbsp;&nbsp;&nbsp;8.875% PIK, 1/31/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1850 | &nbsp;&nbsp;&nbsp;&nbsp; 2198557 |
| United Group BV, 6.50%, 10/31/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2220 | &nbsp;&nbsp;&nbsp;&nbsp; 2658604 |
|  |  |  | &nbsp;&nbsp;**$5415713** |
| South Africa — 0.0%<sup>†</sup> | South Africa — 0.0%<sup>†</sup> | South Africa — 0.0%<sup>†</sup> | South Africa — 0.0%<sup>†</sup> |
| Sasol Financing USA LLC, 8.75%, 4/10/33<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6221 | &nbsp;&nbsp;$6574508 |
|  |  |  | &nbsp;&nbsp;**$6574508** |
| Switzerland — 0.1% | Switzerland — 0.1% | Switzerland — 0.1% | Switzerland — 0.1% |
| Allwyn Entertainment Financing U.K. PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 8/15/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;$1044053 |
| &nbsp;&nbsp;&nbsp;4.625%, 8/15/31<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3360 | &nbsp;&nbsp;&nbsp;&nbsp; 3897799 |
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 2/1/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3615 | &nbsp;&nbsp;&nbsp;&nbsp; 3388664 |
| &nbsp;&nbsp;&nbsp;9.50%, 6/1/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3810 | &nbsp;&nbsp;&nbsp;&nbsp; 3854831 |
|  |  |  | &nbsp;&nbsp;**$12185347** |
| Togo — 0.1% | Togo — 0.1% | Togo — 0.1% | Togo — 0.1% |
| Ecobank Transnational, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;10.125%, 10/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2475 | &nbsp;&nbsp;$2675123 |
| &nbsp;&nbsp;&nbsp;10.125%, 10/15/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5526 | &nbsp;&nbsp;&nbsp;&nbsp; 5972819 |
|  |  |  | &nbsp;&nbsp;**$8647942** |
| Turkey — 0.1% | Turkey — 0.1% | Turkey — 0.1% | Turkey — 0.1% |
| Akbank TAS, 9.369% to 3/14/29<sup>(10)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3420 | &nbsp;&nbsp;$3516349 |
| Limak Iskenderun Uluslararasi Liman Isletmeciligi AS, 9.50%, 7/10/36<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3585 | &nbsp;&nbsp;&nbsp;&nbsp; 3630754 |
| Limak Yenilenebilir Enerji AS: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.625%, 8/12/30<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2024 | &nbsp;&nbsp;&nbsp;&nbsp; 2024706 |
| &nbsp;&nbsp;&nbsp;9.625%, 8/12/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp; 2400837 |
| Turkiye Garanti Bankasi AS, 8.125% to 10/8/30, 1/8/36<sup>(10)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2805 | &nbsp;&nbsp;&nbsp;&nbsp; 2852788 |
| WE Soda Investments Holding PLC, 9.50%, 10/6/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739 | &nbsp;&nbsp;&nbsp;&nbsp; 748548 |
|  |  |  | &nbsp;&nbsp;**$15173982** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Ukraine — 0.1% | Ukraine — 0.1% | Ukraine — 0.1% | Ukraine — 0.1% |
| Kernel Holding SA, 6.75%, 10/27/27<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10116 | &nbsp;&nbsp;$9812208 |
| MHP Lux SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 9/19/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp; 375933 |
| &nbsp;&nbsp;&nbsp;6.25%, 9/19/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3272 | &nbsp;&nbsp;&nbsp;&nbsp; 2963987 |
| &nbsp;&nbsp;&nbsp;10.50%, 7/28/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4102 | &nbsp;&nbsp;&nbsp;&nbsp; 4211579 |
|  |  |  | &nbsp;&nbsp;**$17363707** |
| United Arab Emirates — 0.0%<sup>†</sup> | United Arab Emirates — 0.0%<sup>†</sup> | United Arab Emirates — 0.0%<sup>†</sup> | United Arab Emirates — 0.0%<sup>†</sup> |
| Alpha Star Holding IX Ltd., 7.00%, 8/26/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484 | &nbsp;&nbsp;$483330 |
| Alpha Star Holding VIII Ltd., 8.375%, 4/12/27<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626 | &nbsp;&nbsp;&nbsp;&nbsp; 633923 |
| Alpha Star Holding X Ltd., 6.125%, 8/5/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2233 | &nbsp;&nbsp;&nbsp;&nbsp; 2160966 |
|  |  |  | &nbsp;&nbsp;**$3278219** |
| United Kingdom — 0.5% | United Kingdom — 0.5% | United Kingdom — 0.5% | United Kingdom — 0.5% |
| Alexandrite Monnet U.K. Holdco PLC, 6.875%, 5/31/31<sup>(10)(18)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2420 | &nbsp;&nbsp;$2843271 |
| Avianca Midco 2 PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.00%, 12/1/28<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;812 | &nbsp;&nbsp;&nbsp;&nbsp; 789999 |
| &nbsp;&nbsp;&nbsp;9.00%, 12/1/28<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3313 | &nbsp;&nbsp;&nbsp;&nbsp; 3221704 |
| &nbsp;&nbsp;&nbsp;9.50%, 1/28/31<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1504 | &nbsp;&nbsp;&nbsp;&nbsp; 1402480 |
| &nbsp;&nbsp;&nbsp;9.625%, 2/14/30<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2515 | &nbsp;&nbsp;&nbsp;&nbsp; 2372588 |
| B&M European Value Retail PLC, 4.00%, 11/15/28<sup>(10)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp; 3634462 |
| Biffa Group Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 6/15/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2315 | &nbsp;&nbsp;&nbsp;&nbsp; 2690475 |
| &nbsp;&nbsp;&nbsp;7.375%, 6/15/31<sup>(10)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5030 | &nbsp;&nbsp;&nbsp;&nbsp; 6866008 |
| Boots Group Finco LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 8/31/32<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1520 | &nbsp;&nbsp;&nbsp;&nbsp; 1816448 |
| &nbsp;&nbsp;&nbsp;7.375%, 8/31/32<sup>(10)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3180 | &nbsp;&nbsp;&nbsp;&nbsp; 4422359 |
| CD&R Firefly Bidco PLC, 8.625%, 4/30/29<sup>(10)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 4219442 |
| CPUK Finance Ltd., 6.875%, 8/28/32<sup>(10)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4960 | &nbsp;&nbsp;&nbsp;&nbsp; 6814430 |
| Edge Finco PLC, 8.125%, 8/15/31<sup>(10)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6290 | &nbsp;&nbsp;&nbsp;&nbsp; 8823609 |
| Froneri Lux FinCo SARL, 4.75%, 8/1/32<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3430 | &nbsp;&nbsp;&nbsp;&nbsp; 3911170 |
| Global Auto Holdings Ltd./AAG FH U.K. Ltd., 8.375%, 1/15/29<sup>(1)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352 | &nbsp;&nbsp;&nbsp;&nbsp; 335935 |
| Virgin Media Secured Finance PLC, 4.125%, 8/15/30<sup>(10)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4930 | &nbsp;&nbsp;&nbsp;&nbsp; 6009683 |
| Vmed O2 U.K. Financing I PLC, 4.00%, 1/31/29<sup>(10)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4400 | &nbsp;&nbsp;&nbsp;&nbsp; 5658746 |
|  |  |  | &nbsp;&nbsp;**$65832809** |
| Uzbekistan — 0.2% | Uzbekistan — 0.2% | Uzbekistan — 0.2% | Uzbekistan — 0.2% |
| Heritage Lending Group BV, 19.50%, 5/5/29 | UZS | &nbsp;&nbsp;&nbsp;&nbsp;16857000 | &nbsp;&nbsp;$1412093 |
| Ipoteka-Bank ATIB: |  |  |  |
| &nbsp;&nbsp;&nbsp;17.50%, 10/9/28<sup>(10)</sup> | UZS | &nbsp;&nbsp;&nbsp;&nbsp;19980000 | &nbsp;&nbsp;&nbsp;&nbsp; 1730129 |

---

*39*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Uzbekistan (continued) | Uzbekistan (continued) | Uzbekistan (continued) | Uzbekistan (continued) |
| Ipoteka-Bank ATIB: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;20.50%, 4/25/27<sup>(10)</sup> | UZS | &nbsp;&nbsp;&nbsp;&nbsp;51340000 | &nbsp;&nbsp;$4526380 |
| JSCB Agrobank, 20.75%, 9/15/28 | UZS | &nbsp;&nbsp;&nbsp;&nbsp;13770000 | &nbsp;&nbsp;&nbsp;&nbsp; 1207491 |
| Uzbek Industrial & Construction Bank ATB: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.95%, 7/24/29<sup>(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4891 | &nbsp;&nbsp;&nbsp;&nbsp; 5298328 |
| &nbsp;&nbsp;&nbsp;9.45% to 10/23/30<sup>(10)(13)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6970 | &nbsp;&nbsp;&nbsp;&nbsp; 7284406 |
|  |  |  | &nbsp;&nbsp;**$21458827** |
| Venezuela — 0.2% | Venezuela — 0.2% | Venezuela — 0.2% | Venezuela — 0.2% |
| Petroleos de Venezuela SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 4/12/27<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3636 | &nbsp;&nbsp;$1377135 |
| &nbsp;&nbsp;&nbsp;5.50%, 4/12/37<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109 | &nbsp;&nbsp;&nbsp;&nbsp; 41387 |
| &nbsp;&nbsp;&nbsp;6.00%, 10/28/22<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2272 | &nbsp;&nbsp;&nbsp;&nbsp; 812357 |
| &nbsp;&nbsp;&nbsp;6.00%, 5/16/24<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20006 | &nbsp;&nbsp;&nbsp;&nbsp; 7900451 |
| &nbsp;&nbsp;&nbsp;6.00%, 11/15/26<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45952 | &nbsp;&nbsp;&nbsp;&nbsp; 18265794 |
| &nbsp;&nbsp;&nbsp;9.00%, 11/17/21<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401 | &nbsp;&nbsp;&nbsp;&nbsp; 182445 |
| &nbsp;&nbsp;&nbsp;9.75%, 5/17/35<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2048 | &nbsp;&nbsp;&nbsp;&nbsp; 970335 |
| &nbsp;&nbsp;&nbsp;12.75%, 2/17/22<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1309 | &nbsp;&nbsp;&nbsp;&nbsp; 673223 |
|  |  |  | &nbsp;&nbsp;**$30223127** |
| Total Foreign Corporate Bonds<br> (identified cost $738,901,665) |  |  | &nbsp;&nbsp;**$748303145** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Government National Mortgage Association Participation Agreements — 1.5%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association Participation Agreements, 5.399%, 1/1/59<sup>(19)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145277 | &nbsp;&nbsp;$145980291 |
| Government National Mortgage Association Participation Agreements, Mezzanine Tranche, 7.899%, 9/10/27<sup>(19)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53612 | &nbsp;&nbsp;&nbsp;&nbsp; 54064096 |
| Total Government National Mortgage Association Participation Agreements<br> (identified cost $198,888,702) |  | &nbsp;&nbsp;**$200044387** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Insurance Linked Securities — 3.6%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Reinsurance Side Cars — 2.2% |  |  |
| Beacon RE<sup>(9)(11)(20)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;27008881 | &nbsp;&nbsp;$27184439 |
| Beacon RE<sup>(9)(11)(20)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;32491119 | &nbsp;&nbsp;&nbsp;&nbsp; 32491119 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Reinsurance Side Cars (continued) |  |  |
| Eden Re II Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023A, 0.00%, 3/19/27<sup>(1)(11)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257143 | &nbsp;&nbsp;$700225 |
| &nbsp;&nbsp;&nbsp;Series 2023B, 0.00%, 3/19/27<sup>(1)(11)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31162 | &nbsp;&nbsp;&nbsp;&nbsp; 476747 |
| &nbsp;&nbsp;&nbsp;Series 2024A, 0.00%, 3/17/28<sup>(1)(11)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81053 | &nbsp;&nbsp;&nbsp;&nbsp; 213355 |
| &nbsp;&nbsp;&nbsp;Series 2024B, 0.00%, 3/17/28<sup>(1)(11)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64938 | &nbsp;&nbsp;&nbsp;&nbsp; 926572 |
| &nbsp;&nbsp;&nbsp;Series 2025A, 0.00%, 3/19/30<sup>(1)(11)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;872093 | &nbsp;&nbsp;&nbsp;&nbsp; 5457471 |
| George Street RE<sup>(9)(11)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992 | &nbsp;&nbsp;&nbsp;&nbsp; 63198789 |
| Mt. Logan Re Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Participating Units<sup>(9)(11)(20)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;38000000 | &nbsp;&nbsp;&nbsp;&nbsp; 39964600 |
| &nbsp;&nbsp;&nbsp;Series 13, Participating Units<sup>(11)(12)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 37489493 |
| &nbsp;&nbsp;&nbsp;Series 17, Participating Units<sup>(9)(11)(12)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp; 3181743 |
| &nbsp;&nbsp;&nbsp;Series 19, Participating Units<sup>(9)(11)(12)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7464 | &nbsp;&nbsp;&nbsp;&nbsp; 16824722 |
| PartnerRe Ltd.<sup>(9)(11)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67 | &nbsp;&nbsp;&nbsp;&nbsp; 69767100 |
|  |  | &nbsp;&nbsp;**$297876375** |
| Segregated Account/Funds — 1.4% |  |  |
| 1863 Fund Ltd. - Core Nat Cat Fund<sup>(9)(11)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;50540977 | &nbsp;&nbsp;$67927073 |
| PartnerRe ILS Fund SAC Ltd.<sup>(9)(11)(12)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;34000000 | &nbsp;&nbsp;&nbsp;&nbsp; 47855000 |
| Voussoir Re Ltd.<sup>(9)(11)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7480 | &nbsp;&nbsp;&nbsp;&nbsp; 10659079 |
| Voussoir Re Ltd.<sup>(9)(11)(21)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41584 | &nbsp;&nbsp;&nbsp;&nbsp; 56585416 |
|  |  | &nbsp;&nbsp;**$183026568** |
| Total Insurance Linked Securities<br> (identified cost $398,419,962) |  | &nbsp;&nbsp;**$480902943** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Loan Participation Notes — 0.0%<sup>†</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Uzbekistan — 0.0%<sup>†</sup> | Uzbekistan — 0.0%<sup>†</sup> | Uzbekistan — 0.0%<sup>†</sup> | Uzbekistan — 0.0%<sup>†</sup> |
| Europe Asia Investment Finance BV (borrower - Joint Stock Commercial Bank "Asaka"), 18.70%, 7/21/26<sup>(10)(11)(22)</sup> | UZS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1841900 | &nbsp;&nbsp;$154648 |
| Total Loan Participation Notes<br> (identified cost $157,903) |  |  | &nbsp;&nbsp;**$154648** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Preferred Stocks — 0.1%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount/<br> Shares** | &nbsp;&nbsp;**Value** |
| United States — 0.1% | United States — 0.1% | United States — 0.1% |
| AH Parent, Inc. (Alliant), Series A, 10.00% cash or 10.50% PIK<sup>(9)(12)(15)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8224000 | &nbsp;&nbsp;$8078049 |
| Boeing Co., 6.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52000 | &nbsp;&nbsp;&nbsp;&nbsp; 3754400 |

---

*40*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount/<br> Shares** | &nbsp;&nbsp;**Value** |
| United States (continued) | United States (continued) | United States (continued) |
| Hewlett Packard Enterprise Co., 7.625% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51000 | &nbsp;&nbsp;$3907620 |
| Oracle Corp., 6.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44000 | &nbsp;&nbsp;&nbsp;&nbsp; 2162160 |
| PG&E Corp., Series A, 6.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58000 | &nbsp;&nbsp;&nbsp;&nbsp; 2439480 |
| Total Preferred Stocks<br> (identified cost $18,649,298) |  | &nbsp;&nbsp;**$20341709** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Senior Floating-Rate Loans — 1.4%<sup>(23)</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\*<br> (000's omitted)** | **Principal<br> Amount\*<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Argentina — 0.1% | Argentina — 0.1% | Argentina — 0.1% | Argentina — 0.1% |
| VMOS SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.075% - 9.188%, (6 mo. USD Term SOFR + 5.50%), 7/8/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10632 | &nbsp;&nbsp;$10786840 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7/8/30<sup>(24)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7358 | &nbsp;&nbsp;&nbsp;&nbsp; 7357910 |
|  |  |  | &nbsp;&nbsp;**$18144750** |
| Brazil — 0.1% | Brazil — 0.1% | Brazil — 0.1% | Brazil — 0.1% |
| Usina Caete SA, Term Loan, 10.499%, (1 mo. USD Term SOFR + 6.83%), 5/31/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10125 | &nbsp;&nbsp;$10125000 |
|  |  |  | &nbsp;&nbsp;**$10125000** |
| Canada — 0.1% | Canada — 0.1% | Canada — 0.1% | Canada — 0.1% |
| ABC Technologies, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.885%, (1 mo. EURIBOR + 5.88%), 8/22/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3582 | &nbsp;&nbsp;&nbsp;&nbsp; 4085670 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.402% - 9.45%, (1 mo. USD Term SOFR + 5.75%, 3 mo. USD Term SOFR + 5.75%), 8/22/31<sup>(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6017 | &nbsp;&nbsp;$5847652 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.911% - 11.95%, (1 mo. USD Term SOFR + 8.25%, 3 mo. USD Term SOFR + 8.25%), 8/22/31<sup>(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7167 | &nbsp;&nbsp;&nbsp;&nbsp; 6755751 |
|  |  |  | &nbsp;&nbsp;**$16689073** |
| Jamaica — 0.0%<sup>†</sup> | Jamaica — 0.0%<sup>†</sup> | Jamaica — 0.0%<sup>†</sup> | Jamaica — 0.0%<sup>†</sup> |
| Digicel International Finance Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.911%, (1 mo. USD Term SOFR + 5.25%), 8/6/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1019 | &nbsp;&nbsp;$1022653 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8/6/32<sup>(25)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3365 | &nbsp;&nbsp;&nbsp;&nbsp; 3375652 |
|  |  |  | &nbsp;&nbsp;**$4398305** |
| Luxembourg — 0.0%<sup>†</sup> | Luxembourg — 0.0%<sup>†</sup> | Luxembourg — 0.0%<sup>†</sup> | Luxembourg — 0.0%<sup>†</sup> |
| INEOS U.S. Finance LLC, Term Loan, 2/18/30<sup>(25)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1386 | &nbsp;&nbsp;$1294627 |
|  |  |  | &nbsp;&nbsp;**$1294627** |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\*<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Paraguay — 0.0%<sup>†</sup> | Paraguay — 0.0%<sup>†</sup> | Paraguay — 0.0%<sup>†</sup> |
| Frigorifico Concepcion SA, Term Loan, 9.169%, (3 mo. USD Term SOFR + 5.50%), 12/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2323 | &nbsp;&nbsp;$2337531 |
|  |  | &nbsp;&nbsp;**$2337531** |
| Puerto Rico — 0.1% | Puerto Rico — 0.1% | Puerto Rico — 0.1% |
| Coral-US Co-Borrower LLC, Term Loan, 6.923%, (3 mo. USD Term SOFR + 3.25%), 1/31/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10839 | &nbsp;&nbsp;$10836684 |
|  |  | &nbsp;&nbsp;**$10836684** |
| Singapore — 0.1% | Singapore — 0.1% | Singapore — 0.1% |
| HGDC Holdings Ltd., Term Loan, 8.55%, (3 mo. USD Term SOFR + 4.85%), 3/31/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10690 | &nbsp;&nbsp;$10663275 |
| Princeton Digital Group Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.287%, (3 mo. USD Term SOFR + 5.50%), 5/6/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2011 | &nbsp;&nbsp;&nbsp;&nbsp; 2011429 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5/6/29<sup>(25)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5029 | &nbsp;&nbsp;&nbsp;&nbsp; 4958171 |
|  |  | &nbsp;&nbsp;**$17632875** |
| Suriname — 0.4% | Suriname — 0.4% | Suriname — 0.4% |
| Staatsolie Maatschappij Suriname NV: |  |  |
| &nbsp;&nbsp;&nbsp;Revolving Loan, 4/26/32<sup>(24)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47421 | &nbsp;&nbsp;$47420714 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.167%, (3 mo. USD Term SOFR + 5.50%), 5/24/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4979 | &nbsp;&nbsp;&nbsp;&nbsp; 5051181 |
|  |  | &nbsp;&nbsp;**$52471895** |
| Tanzania — 0.1% | Tanzania — 0.1% | Tanzania — 0.1% |
| PIH Communication LLC, Term Loan, 7.206%, (3 mo. USD Term SOFR + 3.50%), 12/12/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5705 | &nbsp;&nbsp;$5704663 |
|  |  | &nbsp;&nbsp;**$5704663** |
| United States — 0.3% | United States — 0.3% | United States — 0.3% |
| Clydesdale Acquisition Holdings, Inc., Term Loan, 4/13/29<sup>(25)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1125 | &nbsp;&nbsp;$1076417 |
| CP Atlas Buyer, Inc., Term Loan, 8.902%, (1 mo. USD Term SOFR + 5.25%), 7/8/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6334 | &nbsp;&nbsp;&nbsp;&nbsp; 5698713 |
| Crash Champions LLC, Term Loan, 8.423%, (3 mo. USD Term SOFR + 4.75%), 2/23/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6472 | &nbsp;&nbsp;&nbsp;&nbsp; 6193328 |
| E.W. Scripps Co., Term Loan, 7.126%, (1 mo. USD Term SOFR + 3.35%), 11/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8351 | &nbsp;&nbsp;&nbsp;&nbsp; 8246369 |
| Electronic Arts, Inc., Term Loan, 3/24/33<sup>(25)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2003000 |
| LBM Acquisition LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 6/6/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7013 | &nbsp;&nbsp;&nbsp;&nbsp; 5894235 |
| Men's Wearhouse, Inc., Term Loan, 1/28/31<sup>(25)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 606189 |
| Park River Holdings, Inc., Term Loan, 8.192%, (3 mo. USD Term SOFR + 4.50%), 3/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5067 | &nbsp;&nbsp;&nbsp;&nbsp; 5068997 |

---

*41*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\*<br> (000's omitted)** | **Principal<br> Amount\*<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| United States (continued) | United States (continued) | United States (continued) | United States (continued) |
| Peninsula Pacific Entertainment LLC, Term Loan, 8.45%, (3 mo. USD Term SOFR + 4.75%), 10/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1145 | &nbsp;&nbsp;$1143088 |
| Specialty Building Products Holdings LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 10/16/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3975 | &nbsp;&nbsp;&nbsp;&nbsp; 3482682 |
| Sword Purchaser LLC, Term Loan, 4/11/33<sup>(25)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp; 1069750 |
| Venture Global Calcasieu Pass LLC, Term Loan, 6.937%, (6 mo. USD Term SOFR + 3.25%), 4/11/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1133 | &nbsp;&nbsp;&nbsp;&nbsp; 1138373 |
|  |  |  | &nbsp;&nbsp;**$41621141** |
| Uzbekistan — 0.1% | Uzbekistan — 0.1% | Uzbekistan — 0.1% | Uzbekistan — 0.1% |
| JSCB Agrobank, Term Loan, 5.657%, (3 mo. EURIBOR + 3.50%), 12/21/26 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 11736497 |
|  |  |  | &nbsp;&nbsp;**$11736497** |
| Total Senior Floating-Rate Loans<br> (identified cost $193,513,438) |  |  | &nbsp;&nbsp;**$192993041** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Government Bonds — 8.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Brazil — 4.4% | Brazil — 4.4% | Brazil — 4.4% | Brazil — 4.4% |
| Brazil Letras do Tesouro Nacional, 0.00%, 10/1/26 | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3122700 | &nbsp;&nbsp;$596760128 |
|  |  |  | &nbsp;&nbsp;**$596760128** |
| Iceland — 0.1% | Iceland — 0.1% | Iceland — 0.1% | Iceland — 0.1% |
| Republic of Iceland: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 2/17/42 | ISK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1145294 | &nbsp;&nbsp;$7332694 |
| &nbsp;&nbsp;&nbsp;6.50%, 1/24/31 | ISK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45514 | &nbsp;&nbsp;&nbsp;&nbsp; 357535 |
| &nbsp;&nbsp;&nbsp;7.00%, 9/17/35 | ISK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384686 | &nbsp;&nbsp;&nbsp;&nbsp; 3140182 |
|  |  |  | &nbsp;&nbsp;**$10830411** |
| New Zealand — 1.8% | New Zealand — 1.8% | New Zealand — 1.8% | New Zealand — 1.8% |
| New Zealand Government Bonds, 4.25%, 5/15/36 | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293000 | &nbsp;&nbsp;$166445291 |
| New Zealand Government Bonds Inflation-Linked, 3.25%, 9/20/50<sup>(26)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127110 | &nbsp;&nbsp;&nbsp;&nbsp; 76713617 |
|  |  |  | &nbsp;&nbsp;**$243158908** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Serbia — 0.2% | Serbia — 0.2% | Serbia — 0.2% | Serbia — 0.2% |
| Serbia Treasury Bonds, 4.50%, 8/20/32 | RSD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3319480 | &nbsp;&nbsp;$32041973 |
|  |  |  | &nbsp;&nbsp;**$32041973** |
| South Africa — 1.3% | South Africa — 1.3% | South Africa — 1.3% | South Africa — 1.3% |
| Republic of South Africa Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 3/31/36 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637100 | &nbsp;&nbsp;$31677450 |
| &nbsp;&nbsp;&nbsp;8.50%, 1/31/37 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413920 | &nbsp;&nbsp;&nbsp;&nbsp; 23924733 |
| &nbsp;&nbsp;&nbsp;8.875%, 2/28/35 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1663534 | &nbsp;&nbsp;&nbsp;&nbsp; 100481666 |
| &nbsp;&nbsp;&nbsp;10.875%, 3/31/38 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp; 15508417 |
|  |  |  | &nbsp;&nbsp;**$171592266** |
| United Kingdom — 0.1% | United Kingdom — 0.1% | United Kingdom — 0.1% | United Kingdom — 0.1% |
| U.K. Gilts, 4.125%, 1/29/27<sup>(10)(27)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8500 | &nbsp;&nbsp;$11551575 |
|  |  |  | &nbsp;&nbsp;**$11551575** |
| Uzbekistan — 0.0%<sup>†</sup> | Uzbekistan — 0.0%<sup>†</sup> | Uzbekistan — 0.0%<sup>†</sup> | Uzbekistan — 0.0%<sup>†</sup> |
| Republic of Uzbekistan Bonds, 16.25%, 10/12/26<sup>(10)</sup> | UZS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6450000 | &nbsp;&nbsp;$560679 |
|  |  |  | &nbsp;&nbsp;**$560679** |
| Venezuela — 0.2% | Venezuela — 0.2% | Venezuela — 0.2% | Venezuela — 0.2% |
| Venezuela Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 12/9/20<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531 | &nbsp;&nbsp;$230104 |
| &nbsp;&nbsp;&nbsp;7.00%, 3/31/38<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183 | &nbsp;&nbsp;&nbsp;&nbsp; 86467 |
| &nbsp;&nbsp;&nbsp;7.65%, 4/21/25<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376 | &nbsp;&nbsp;&nbsp;&nbsp; 178506 |
| &nbsp;&nbsp;&nbsp;7.75%, 10/13/19<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1204 | &nbsp;&nbsp;&nbsp;&nbsp; 553723 |
| &nbsp;&nbsp;&nbsp;8.25%, 10/13/24<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4232 | &nbsp;&nbsp;&nbsp;&nbsp; 2047182 |
| &nbsp;&nbsp;&nbsp;9.00%, 5/7/23<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77 | &nbsp;&nbsp;&nbsp;&nbsp; 38789 |
| &nbsp;&nbsp;&nbsp;9.25%, 9/15/27<sup>(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22489 | &nbsp;&nbsp;&nbsp;&nbsp; 11868570 |
| &nbsp;&nbsp;&nbsp;9.25%, 5/7/28<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10905 | &nbsp;&nbsp;&nbsp;&nbsp; 5575232 |
| &nbsp;&nbsp;&nbsp;11.75%, 10/21/26<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390 | &nbsp;&nbsp;&nbsp;&nbsp; 222949 |
| &nbsp;&nbsp;&nbsp;11.95%, 8/5/31<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3427 | &nbsp;&nbsp;&nbsp;&nbsp; 1957502 |
| &nbsp;&nbsp;&nbsp;12.75%, 8/23/22<sup>(10)(17)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551 | &nbsp;&nbsp;&nbsp;&nbsp; 314507 |
|  |  |  | &nbsp;&nbsp;**$23073531** |
| Total Sovereign Government Bonds<br> (identified cost $1,039,223,010) |  |  | &nbsp;&nbsp;**$1089569471** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*42*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

U.S. Government Agency Commercial Mortgage-Backed Securities — 0.1%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| FRESB Mortgage Trust: |  |  |
| Interest Only:<sup>(7)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-SB91, Class X1, 0.659%, 8/25/41<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21057 | &nbsp;&nbsp;$537264 |
| &nbsp;&nbsp;&nbsp;Series 2021-SB92, Class X1, 0.638%, 8/25/41<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19890 | &nbsp;&nbsp;&nbsp;&nbsp; 542581 |
| Government National Mortgage Association: |  |  |
| Interest Only:<sup>(7)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-101, Class IO, 0.664%, 4/16/63<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24570 | &nbsp;&nbsp;&nbsp;&nbsp; 1188866 |
| &nbsp;&nbsp;&nbsp;Series 2021-132, Class IO, 0.71%, 4/16/63<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60283 | &nbsp;&nbsp;&nbsp;&nbsp; 3072013 |
| &nbsp;&nbsp;&nbsp;Series 2021-144, Class IO, 0.821%, 4/16/63<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23961 | &nbsp;&nbsp;&nbsp;&nbsp; 1414412 |
| &nbsp;&nbsp;&nbsp;Series 2021-186, Class IO, 0.763%, 5/16/63<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42416 | &nbsp;&nbsp;&nbsp;&nbsp; 2309246 |
| &nbsp;&nbsp;&nbsp;Series 2022-3, Class IO, 0.64%, 2/16/61<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64377 | &nbsp;&nbsp;&nbsp;&nbsp; 2998819 |
| Total U.S. Government Agency Commercial Mortgage-Backed Securities<br> (identified cost $15,013,983) |  | &nbsp;&nbsp;**$12063201** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Agency Mortgage-Backed Securities — 31.0%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;4.231%, (COF + 1.254%), with maturity at 2035<sup>(28)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;$12205 |
| &nbsp;&nbsp;&nbsp;4.655%, (COF + 1.25%), with maturity at 2030<sup>(28)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp; 19440 |
| &nbsp;&nbsp;&nbsp;6.00%, with various maturities to 2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8324 | &nbsp;&nbsp;&nbsp;&nbsp; 8541085 |
| &nbsp;&nbsp;&nbsp;6.50%, with maturity at 2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4097 | &nbsp;&nbsp;&nbsp;&nbsp; 4283970 |
| &nbsp;&nbsp;&nbsp;7.00%, with various maturities to 2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;928 | &nbsp;&nbsp;&nbsp;&nbsp; 992254 |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;3.982%, (COF + 1.254%), with maturity at 2035<sup>(28)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp; 2629 |
| &nbsp;&nbsp;&nbsp;4.984%, (COF + 1.792%), with maturity at 2035<sup>(28)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170 | &nbsp;&nbsp;&nbsp;&nbsp; 168558 |
| &nbsp;&nbsp;&nbsp;5.50%, with maturity at 2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1153 | &nbsp;&nbsp;&nbsp;&nbsp; 1169032 |
| &nbsp;&nbsp;&nbsp;6.00%, with various maturities to 2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11247 | &nbsp;&nbsp;&nbsp;&nbsp; 11555415 |
| &nbsp;&nbsp;&nbsp;6.50%, with various maturities to 2055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53867 | &nbsp;&nbsp;&nbsp;&nbsp; 56109776 |
| &nbsp;&nbsp;&nbsp;8.50%, with maturity at 2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41 | &nbsp;&nbsp;&nbsp;&nbsp; 43049 |
| Government National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 30-Year, TBA<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656000 | &nbsp;&nbsp;&nbsp;&nbsp; 650127068 |
| &nbsp;&nbsp;&nbsp;5.00%, with maturity at 2052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14138 | &nbsp;&nbsp;&nbsp;&nbsp; 14174272 |
| &nbsp;&nbsp;&nbsp;5.50%, with various maturities to 2063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54423 | &nbsp;&nbsp;&nbsp;&nbsp; 55387828 |
| &nbsp;&nbsp;&nbsp;5.50%, 30-Year, TBA<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp; 276905428 |
| &nbsp;&nbsp;&nbsp;5.50%, with maturity at 2055<sup>(27)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65462 | &nbsp;&nbsp;&nbsp;&nbsp; 66048094 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 30-Year, TBA<sup>(29)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22300 | &nbsp;&nbsp;$22744257 |
| &nbsp;&nbsp;&nbsp;6.00%, with various maturities to 2066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203941 | &nbsp;&nbsp;&nbsp;&nbsp; 210839664 |
| &nbsp;&nbsp;&nbsp;6.50%, with various maturities to 2066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223149 | &nbsp;&nbsp;&nbsp;&nbsp; 234687577 |
| &nbsp;&nbsp;&nbsp;7.00%, with various maturities to 2064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19580 | &nbsp;&nbsp;&nbsp;&nbsp; 20429656 |
| &nbsp;&nbsp;&nbsp;7.50%, with various maturities to 2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2819 | &nbsp;&nbsp;&nbsp;&nbsp; 2930650 |
| &nbsp;&nbsp;&nbsp;8.00%, with various maturities to 2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1547 | &nbsp;&nbsp;&nbsp;&nbsp; 1605292 |
| Uniform Mortgage-Backed Security: |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 30-Year, TBA<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680640 | &nbsp;&nbsp;&nbsp;&nbsp; 596338908 |
| &nbsp;&nbsp;&nbsp;5.00%, 30-Year, TBA<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745000 | &nbsp;&nbsp;&nbsp;&nbsp; 734698028 |
| &nbsp;&nbsp;&nbsp;5.50%, 30-Year, TBA<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1195600 | &nbsp;&nbsp;&nbsp;&nbsp;1201873472 |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (identified cost $4,148,434,255) |  | &nbsp;&nbsp;**$4171687607** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Guaranteed Small Business Administration Loans — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| SBA IO Trust:<br> Interest Only:<sup>(30)(31)</sup><br> Series 2018-1, Class A, 2.434%, 3/25/44<sup>(1)(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100383 | &nbsp;&nbsp;$5375782 |
| Total U.S. Government Guaranteed Small Business Administration Loans<br> (identified cost $30,402,181) |  | &nbsp;&nbsp;**$5375782** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 14.5%

Affiliated Fund — 13.6%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(32)</sup> | 1828547193 | &nbsp;&nbsp;$1828547193 |
| Total Affiliated Fund<br> (identified cost $1,828,547,193) |  | &nbsp;&nbsp;**$1828547193** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Treasury Obligations — 0.9%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/14/26<sup>(27)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21500 | &nbsp;&nbsp;$21472225 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/21/26<sup>(27)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15798 | &nbsp;&nbsp;&nbsp;&nbsp; 15766446 |

---

*43*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/28/26<sup>(27)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14960 | &nbsp;&nbsp;$14920001 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/4/26<sup>(27)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14890 | &nbsp;&nbsp;&nbsp;&nbsp; 14839497 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/11/26<sup>(27)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15040 | &nbsp;&nbsp;&nbsp;&nbsp; 14978422 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/18/26<sup>(27)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10202 | &nbsp;&nbsp;&nbsp;&nbsp; 10153187 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/25/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9944641 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp; 7944819 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 5458418 |
| Total U.S. Treasury Obligations<br> (identified cost $115,478,352) |  | &nbsp;&nbsp;**$115477656** |
| Total Short-Term Investments<br> (identified cost $1,944,025,545) |  | &nbsp;&nbsp;**$1944024849** |

---

---

| | |
|:---|:---|
| Total Purchased Options — 0.0%<sup>†</sup><br> (identified cost $3,571,503) | &nbsp;&nbsp;**$535748** |
| Total Investments — 128.7%<br> (identified cost $17,155,222,930) | &nbsp;&nbsp;**$17297613886** |
| Less Unfunded Loan Commitments — (0.4)% | &nbsp;&nbsp;**$(54778625)** |
| Net Investments — 128.3%<br> (identified cost $17,100,444,305) | &nbsp;&nbsp;**$17242835261** |

---

TBA Sale Commitments — (4.7)%

U.S. Government Agency Mortgage-Backed Securities — (4.7)%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 30-Year, TBA<sup>(29)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(680640) | &nbsp;&nbsp;$(605902529) |
| &nbsp;&nbsp;&nbsp;6.00%, 30-Year, TBA<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30800) | &nbsp;&nbsp;&nbsp;&nbsp; (31413593) |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (proceeds $642,519,718) |  | &nbsp;&nbsp;**$(637316122)** |
| Total TBA Sale Commitments<br> (proceeds $642,519,718) |  | &nbsp;&nbsp;**$(637316122)** |

---

---

| | |
|:---|:---|
| Other Assets, Less Liabilities — (23.6)% | &nbsp;&nbsp;**$(3166183654)** |
| Net Assets — 100.0% | &nbsp;&nbsp;**$13439335485** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Consolidated Portfolio of Investments is based on net assets. | The percentage shown for each investment category in the Consolidated Portfolio of Investments is based on net assets. |
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| \* | In U.S. dollars unless otherwise indicated. |

---

<sup>(1)</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 April 30, 2026, the aggregate value of these securities is $3,923,221,386 or 29.2% of the Portfolio's net assets.

<sup>(2)</sup> Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026.

<sup>(3)</sup> Weighted average fixed-rate coupon that changes/updates monthly. Rate shown is the rate at April 30, 2026.

<sup>(4)</sup> Step coupon security. Interest rate represents the rate in effect at April 30, 2026.

<sup>(5)</sup> Inverse floating-rate security whose coupon varies inversely with changes in the interest rate index. The stated interest rate represents the coupon rate in effect at April 30, 2026.

<sup>(6)</sup> When-issued, variable rate security whose interest rate will be determined after April 30, 2026.

<sup>(7)</sup> Interest only security that entitles the holder to receive only interest payments on the underlying mortgages. Principal amount shown is the notional amount of the underlying mortgages on which coupon interest is calculated.

<sup>(8)</sup> Principal only security that entitles the holder to receive only principal payments on the underlying mortgages.

<sup>(9)</sup> Non-income producing security.

<sup>(10)</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 April 30, 2026, the aggregate value of these securities is $581,712,332 or 4.3% of the Portfolio's net assets.

<sup>(11)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(12)</sup> Restricted security (see Note 5).

<sup>(13)</sup> Perpetual security with no stated maturity date but may be subject to calls by the issuer.

<sup>(14)</sup> Security converts to variable rate after the indicated fixed-rate coupon period.

<sup>(15)</sup> Represents a payment-in-kind security which may pay interest in additional principal at the issuer's discretion.

<sup>(16)</sup> Variable rate security whose coupon rate is linked to the issuer's mining activity revenue. The coupon rate shown represents the rate in effect at April 30, 2026.

<sup>(17)</sup> Issuer is in default with respect to interest and/or principal payments or has declared bankruptcy and is non-income producing. For a variable rate security, interest rate has been adjusted to reflect non-accrual status.

<sup>(18)</sup> When-issued security.

<sup>(19)</sup> Represents a participation interest, through a participation agreement with a financial institution, in mortgage loans guaranteed by Government National Mortgage Association.

<sup>(20)</sup> Quantity held represents principal in USD.

<sup>(21)</sup> Security is subject to risk of loss depending on the occurrence, frequency and severity of the loss events that are covered by underlying reinsurance contracts and that may occur during a specified risk period.

*44*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

<sup>(22)</sup> Limited recourse note whose payments by the issuer are limited to amounts received by the issuer from the borrower pursuant to a loan agreement with the borrower.

<sup>(23)</sup> Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

<sup>(24)</sup> Unfunded or partially unfunded loan commitments. The stated interest rate reflects the reference rate and spread for the funded portion, if any. At April 30, 2026, the total value of unfunded loan commitments is $54,778,625. See Note 1F for description.

<sup>(25)</sup> This Senior Loan will settle after April 30, 2026, at which time the interest rate will be determined.

<sup>(26)</sup> Inflation-linked security whose principal is adjusted for inflation based on changes in a designated inflation index or inflation rate for the applicable country. Interest is calculated based on the inflation-adjusted principal.

<sup>(27)</sup> Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts.

<sup>(28)</sup> Adjustable rate mortgage security whose interest rate generally adjusts monthly based on a weighted average of interest rates on the underlying mortgages. The coupon rate may not reflect the applicable index value as interest rates on the underlying mortgages may adjust on various dates and at various intervals and may be subject to lifetime ceilings and lifetime floors and lookback periods. Rate shown is the coupon rate at April 30, 2026.

<sup>(29)</sup> TBA (To Be Announced) securities are purchased or sold on a forward commitment basis with an approximate principal amount and maturity date. The actual principal amount, which is not expected to differ significantly from the commitment amount, and maturity date are determined upon settlement.

<sup>(30)</sup> Interest only security that entitles the holder to receive only a portion of the interest payments on the underlying loans. Principal amount shown is the notional amount of the underlying loans on which coupon interest is calculated.

<sup>(31)</sup> The stated interest rate represents the weighted average fixed interest rate at April 30, 2026 of all interest only securities comprising the trust.

<sup>(32)</sup> May be deemed to be an affiliated investment company (see Note 9). The rate shown is the annualized seven-day yield as of April 30, 2026.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Call USD vs. Put EUR | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;EUR | &nbsp;&nbsp;480000000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;1.13 | &nbsp;&nbsp;6/26/26 | &nbsp;&nbsp;$535748 |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$535748** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 4441582 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5140476 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$82716 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1084472 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1255116 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20196 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 985416 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1140474 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18351 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1114601 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1302819 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7925 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 333904 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 386445 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6218 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;39059787400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2243848 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9405 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;49061679000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2820934 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9302 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;37556489266 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2158171 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8362 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;44581845000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2563880 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7926 |

---

*45*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;48994275000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2823507 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2841 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;29406601000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1693616 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2771 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;36951092000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2128948 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2660 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;49010354000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2824886 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2389 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;29933360000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1735720 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8945) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;49352237000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2856280 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9283) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;48677675000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2821077 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12993) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;99057915000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5734509 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20126) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;98255416000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5698246 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30156) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 461159 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 398460 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7420) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1041617 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 900000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16761) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3403222 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 2940523 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (54761) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4567788 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 3946756 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (73501) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7172216 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 6197089 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (115409) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 9612834 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 8305884 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (154681) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 18616155 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 16085123 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (299554) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 26241409 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 22673655 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (422252) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5932157 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;101534794804 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74889 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6206164 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;106510185005 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61879 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5744845 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98529256000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60958 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5741252 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98479694000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60225 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5191604 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88957094319 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59910 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3721892 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63830446592 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39686 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2981614 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51065799723 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35766 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2973627 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50991455223 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32068 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7972657 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 742000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195397 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 518664 | &nbsp;&nbsp;&nbsp;&nbsp;PEN | &nbsp;&nbsp;&nbsp;&nbsp; 1796080 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8045 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 60321994 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 328163710 | &nbsp;&nbsp;&nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3620254) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 110153959 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 599568000 | &nbsp;&nbsp;&nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6671042) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 109754758 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 599568290 | &nbsp;&nbsp;&nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7070300) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 68930641 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 354400000 | &nbsp;&nbsp;&nbsp;&nbsp;10/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (107949) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 103483826 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 532000000 | &nbsp;&nbsp;&nbsp;&nbsp;10/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (151982) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 137935060 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 709000000 | &nbsp;&nbsp;&nbsp;&nbsp;10/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (181083) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(18218567)** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 2132819 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;36951092000 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(1848) |
| USD | &nbsp;&nbsp; 2827463 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;48994275000 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2940) |
| USD | &nbsp;&nbsp; 2827249 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;49010354000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4083) |

---

*46*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 2827437 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;49061679000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(6860) |
| USD | &nbsp;&nbsp; 3120830 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;54286840000 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15325) |
| USD | &nbsp;&nbsp; 3626204 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 3096388 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8380) |
| USD | &nbsp;&nbsp; 11711078 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 10000000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (27064) |
| EUR | &nbsp;&nbsp; 1907629 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2220280 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 23046 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| GBP | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4072862 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9073 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| GBP | &nbsp;&nbsp; 365462 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 489956 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7308 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MXN | &nbsp;&nbsp; 18200492 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1016146 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 22013 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MXN | &nbsp;&nbsp;2300758000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 131269356 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (33731) |
| USD | &nbsp;&nbsp; 6576640 | &nbsp;&nbsp;CAD | &nbsp;&nbsp; 8888742 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 19967 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1173505 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2470) |
| USD | &nbsp;&nbsp; 3855208 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 3329698 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (60435) |
| USD | &nbsp;&nbsp; 125808708 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 108659519 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1972217) |
| USD | &nbsp;&nbsp; 812663 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 700000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10520) |
| USD | &nbsp;&nbsp; 1907621 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1622936 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (912) |
| USD | &nbsp;&nbsp; 45929876 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 34352786 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (812068) |
| USD | &nbsp;&nbsp; 6622567 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;Credit Agricole Corporate and Investment Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (180658) |
| USD | &nbsp;&nbsp; 11616343 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 8575719 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (52166) |
| USD | &nbsp;&nbsp; 11616343 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 8575719 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (52166) |
| USD | &nbsp;&nbsp; 429312 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 319184 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4984) |
| USD | &nbsp;&nbsp; 9271605 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 6900000 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (116845) |
| USD | &nbsp;&nbsp; 10051812 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 7480636 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (126677) |
| USD | &nbsp;&nbsp; 2665323 | &nbsp;&nbsp;HKD | &nbsp;&nbsp; 20774001 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8779 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 307397 | &nbsp;&nbsp;HKD | &nbsp;&nbsp; 2400000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 489 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1732683 | &nbsp;&nbsp;JPY | &nbsp;&nbsp; 270000000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2092 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1629212 | &nbsp;&nbsp;MXN | &nbsp;&nbsp; 29181300 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (35295) |
| USD | &nbsp;&nbsp; 6861590 | &nbsp;&nbsp;MXN | &nbsp;&nbsp; 122900000 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (148647) |
| USD | &nbsp;&nbsp; 266661710 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;&nbsp;&nbsp;4776257888 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5776847) |
| USD | &nbsp;&nbsp; 172691687 | &nbsp;&nbsp;NZD | &nbsp;&nbsp; 291140125 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 449783 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 73590440 | &nbsp;&nbsp;NZD | &nbsp;&nbsp; 124065787 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 191669 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 4848638 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 18220000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7076) |
| USD | &nbsp;&nbsp; 82007786 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;1365521081 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 296699 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 214078552 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;3606988117 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1759141) |
| USD | &nbsp;&nbsp; 54476924 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 905264836 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 306999 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp;1365521081 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 83123838 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1412751) |
| ZAR | &nbsp;&nbsp; 600000001 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 36125499 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (222244) |
| ZAR | &nbsp;&nbsp; 765521080 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 46577214 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (769383) |
| ISK | &nbsp;&nbsp;1438368676 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 9778834 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 184084 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp;1295809310 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 8901012 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 16632 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp;2234734000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 15394971 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23610) |
| USD | &nbsp;&nbsp; 7275695 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 2802227 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4738) |
| USD | &nbsp;&nbsp; 8003264 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 3082449 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5211) |
| USD | &nbsp;&nbsp; 8730834 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 3362672 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5685) |

---

*47*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 9607391 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 3700277 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(6256) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$1538633** | &nbsp;&nbsp;**$(13669233)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Interest Rate Futures** |  |  |  |  |  |
| U.S. 2-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;$26512000 | &nbsp;&nbsp;&nbsp;&nbsp;$(214254) |
| U.S. 5-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;25054 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2701721591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(47441087) |
| U.S. 10-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3689 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 407980344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9964489) |
| U.S. Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19070594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (802263) |
| U.S. Ultra 10-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23136172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (649640) |
| U.S. Ultra-Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18174938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (871521) |
| Euro-Bobl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(58) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7858876) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66046 |
| U.S. Ultra 10-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;(2881) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (325147859) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2000407 |
| U.S. Ultra-Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;(2988) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (343713375) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13416051 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$(44460750)** |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Inflation Swaps (Centrally Cleared)** | **Inflation Swaps (Centrally Cleared)** | **Inflation Swaps (Centrally Cleared)** | **Inflation Swaps (Centrally Cleared)** | **Inflation Swaps (Centrally Cleared)** | **Inflation Swaps (Centrally Cleared)** | **Inflation Swaps (Centrally Cleared)** |  |  |  |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/Receives<br> Return on<br> Reference<br> Index** | **Reference Index** | **Portfolio<br> Pays/Receives<br> Rate** | **Annual<br> Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | 19500 | Pays | Return on CPI-U (NSA)<br> (pays upon termination) | Receives | 2.09%<br> (pays upon<br> termination) | 4/2/29 | $(3149353) | $676605 | $(2472748) |
|  |  |  |  |  |  |  | **$(3149353)** | **$676605** | **$(2472748)** |

---

*48*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Inflation Swaps (OTC)** | **Inflation Swaps (OTC)** | **Inflation Swaps (OTC)** | **Inflation Swaps (OTC)** | **Inflation Swaps (OTC)** | **Inflation Swaps (OTC)** | **Inflation Swaps (OTC)** | **Inflation Swaps (OTC)** | **Inflation Swaps (OTC)** |
| **Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Notional<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Portfolio<br> Pays/Receives<br> Return on<br> Reference Index** | &nbsp;&nbsp;**Reference Index** | &nbsp;&nbsp;**Portfolio<br> Pays/Receives<br> Rate** | &nbsp;&nbsp;**Annual<br> Rate** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;19500 | &nbsp;&nbsp;Receives | &nbsp;&nbsp;Return on CPI-U (NSA)<br> (pays upon termination) | &nbsp;&nbsp;Pays | &nbsp;&nbsp;2.09%<br> (pays upon termination) | &nbsp;&nbsp;4/2/29 | &nbsp;&nbsp;$3153345 |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp;**$3153345** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| CLP | 34406000 | Receives | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 5.10%<br> (pays semi-annually) | 6/17/31 | $(16270) | $— | $(16270) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372000 | Receives | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 5.11%<br> (pays semi-annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(366) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (366) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.56%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2494) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2494) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188350 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.56%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 520 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209940 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.56%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (83) |
| COP | 103148000 | Receives | Colombia Overnight Interbank Reference Rate<br> (pays quarterly) | 11.41%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;372689 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 372689 |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560100 | Receives | 6-month CZK PRIBOR<br> (pays semi-annually) | 4.28%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;155958 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 155958 |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;2448100 | Receives | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.65%<br> (pays semi-annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14921 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 14921 |
| KRW | 26226000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.20%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(455827) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (455827) |
| KRW | 78658000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.37%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(940954) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (940954) |
| KRW | 118136000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.38%<br> (pays quarterly) | 3/18/31 | (1409439) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1409439) |
| KRW | 61822000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.38%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(725914) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (725914) |
| KRW | 58993000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.39%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(684964) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (684964) |

---

*49*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| KRW | 80000000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.43%<br> (pays quarterly) | 3/18/31 | $(827868) | $— | $(827868) |
| KRW | 159000000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.43%<br> (pays quarterly) | 3/18/31 | (1636655) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1636655) |
| KRW | 159000000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.44%<br> (pays quarterly) | 3/18/31 | (1552773) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1552773) |
| KRW | 104065000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.47%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(920221) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (920221) |
| KRW | 20439800 | Receives | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.70%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81897 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 81897 |
| KRW | 19852000 | Receives | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.71%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72824 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 72824 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88200 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.43%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;154365 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 154365 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399914 | Receives | 6-month PLN WIBOR<br> (pays quarterly) | 4.49%<br> (pays annually) | 8/12/32 | &nbsp;&nbsp;&nbsp;&nbsp;531656 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 531656 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399914 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.59%<br> (pays annually) | 8/12/32 | &nbsp;&nbsp;&nbsp;&nbsp;(387458) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (387458) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;1716360 | Receives | 6-month PLN WIBOR<br> (pays quarterly) | 4.61%<br> (pays annually) | 9/9/32 | 1419757 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1419757 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;1716360 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.71%<br> (pays annually) | 9/9/32 | &nbsp;&nbsp;&nbsp;&nbsp;(827876) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (827876) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315000 | Receives | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.69%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13007 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 13007 |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540000 | Receives | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.69%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20697 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 20697 |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240800 | Receives | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.69%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8515 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 8515 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345230 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 7.52%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;144728 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 144728 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;1643200 | Pays | 3-month ZAR JIBAR<br> (pays quarterly) | 8.47%<br> (pays quarterly) | 9/17/35 | 2568035 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2568035 |
| **Total** |  |  |  |  |  | **$(4829593)** | **$—** | **$(4829593)** |

---

*50*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** |  |
| **Reference Entity** | &nbsp;&nbsp;**Notional<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Markit CDX Emerging Markets Index (CDX.EM.43.V1) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(2)</sup> | &nbsp;&nbsp; 6/20/30 | &nbsp;&nbsp;$192 | &nbsp;&nbsp;$(1446) | &nbsp;&nbsp;$(1254) |
| Markit CDX North American Investment Grade Index (CDX.NA.IG.46.V1) | 3798377 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(2)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;(83472708) | &nbsp;&nbsp;&nbsp;&nbsp;77424616 | &nbsp;&nbsp;&nbsp;&nbsp;(6048092) |
| Occidental Petroleum Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36570 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(2)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; (413714) | &nbsp;&nbsp;&nbsp;&nbsp; 377977 | &nbsp;&nbsp;&nbsp;&nbsp; (35737) |
| Petroleo Brasileiro S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15372 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(2)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; 173070 | &nbsp;&nbsp;&nbsp;&nbsp; (328301) | &nbsp;&nbsp;&nbsp;&nbsp; (155231) |
| Saudi Arabia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8615 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(2)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; (141550) | &nbsp;&nbsp;&nbsp;&nbsp; 39988 | &nbsp;&nbsp;&nbsp;&nbsp; (101562) |
| **Total** |  |  | &nbsp;&nbsp;**$(83854710)** | &nbsp;&nbsp;**$77512834** | &nbsp;&nbsp;**$(6341876)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<sup>(3)</sup> (000's omitted)** | &nbsp;&nbsp;**Contract Annual<br> Fixed Rate<sup>(1)</sup>** | &nbsp;&nbsp;**Current<br> Market<br> Annual<br> Fixed Rate<sup>(4)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Petroleos Mexicanos | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;$1391 | &nbsp;&nbsp;4.00%<br> (pays monthly) | &nbsp;&nbsp;2.61% | &nbsp;&nbsp; 7/6/26 | &nbsp;&nbsp;$9456 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$9456 |
| Petroleos Mexicanos | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 3668 | &nbsp;&nbsp;4.20%<br> (pays monthly) | &nbsp;&nbsp;2.61 | &nbsp;&nbsp; 7/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 26524 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 26524 |
| Petroleos Mexicanos | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 979 | &nbsp;&nbsp;4.20%<br> (pays monthly) | &nbsp;&nbsp;2.61 | &nbsp;&nbsp; 7/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6967 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6967 |
| U.K. Single Family Rental | &nbsp;&nbsp;Goldman Sachs Bank USA | &nbsp;&nbsp;&nbsp;&nbsp; 8093 | &nbsp;&nbsp;4.50%<br> (pays quarterly) | &nbsp;&nbsp;4.70 | &nbsp;&nbsp; 1/25/32 | &nbsp;&nbsp;&nbsp;&nbsp; (87655) | &nbsp;&nbsp;&nbsp;&nbsp; 6802 | &nbsp;&nbsp;&nbsp;&nbsp; (80853) |
| U.S. Land Banking | &nbsp;&nbsp;Goldman Sachs Bank USA | &nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;5.50%<br> (pays monthly) | &nbsp;&nbsp;5.79 | &nbsp;&nbsp;10/10/29 | &nbsp;&nbsp;&nbsp;&nbsp;(266980) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(266980) |
| U.S. Single Family Rental | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;19951 | &nbsp;&nbsp;7.85%<br> (pays monthly) | &nbsp;&nbsp;7.99 | &nbsp;&nbsp; 3/18/28 | &nbsp;&nbsp;&nbsp;&nbsp; 201662 | &nbsp;&nbsp;&nbsp;&nbsp;13210 | &nbsp;&nbsp;&nbsp;&nbsp; 214872 |
| **Total** |  | &nbsp;&nbsp;**$94082** |  |  |  | &nbsp;&nbsp;**$(110026)** | &nbsp;&nbsp;**$20012** | &nbsp;&nbsp;**$(90014)** |

---

<sup>(1)</sup> The contract annual fixed rate represents the fixed rate of interest received by the Portfolio (as a seller of protection) or paid by the Portfolio (as a buyer of protection) on the notional amount of the credit default swap contract.

<sup>(2)</sup> Upfront payment is exchanged with the counterparty as a result of the standardized trading coupon.

<sup>(3)</sup> If the Portfolio is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Portfolio could be required to make if a credit event, as defined in the credit default swap agreement, were to occur. At April 30, 2026, such maximum potential amount for all open credit default swaps in which the Portfolio is the seller was $94,082,000.

<sup>(4)</sup> Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the market's perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit event involving the reference entity. A rate identified as "Defaulted" indicates a credit event has occurred for the reference entity.

*51*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** |
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio Receives** | &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio Pays** | &nbsp;&nbsp;&nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 72614 | &nbsp;&nbsp;&nbsp;&nbsp;Positive return on Diversified Volatility Risk Premium Strategy (pays monthly) | &nbsp;&nbsp;&nbsp;&nbsp;Negative return on Diversified Volatility Risk Premium Strategy (pays monthly) | &nbsp;&nbsp;&nbsp;&nbsp;1/8/27 | &nbsp;&nbsp;&nbsp;&nbsp;$1135588 |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 15000 | &nbsp;&nbsp;&nbsp;&nbsp;Positive return on Diversified Volatility Risk Premium Strategy (pays monthly) | &nbsp;&nbsp;&nbsp;&nbsp;Negative return on Diversified Volatility Risk Premium Strategy (pays monthly) | &nbsp;&nbsp;&nbsp;&nbsp;1/8/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 236963 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp;Total return on iBoxx USD Liquid High Yield Index (pays upon termiantion) | &nbsp;&nbsp;&nbsp;&nbsp;SOFR (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;6/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1103874 |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;197234 | &nbsp;&nbsp;&nbsp;&nbsp;Positive return on Diversified Volatility Risk Premia Strategy\*<sup>(a)</sup> (pays monthly) | &nbsp;&nbsp;&nbsp;&nbsp;Negative return on Diversified Volatility Risk Premia Strategy\*<sup>(a)</sup> (pays monthly) | &nbsp;&nbsp;&nbsp;&nbsp;4/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1097926 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$3574351** |

---

<sup>(a)</sup> The Components of the Volatility Swap along with the value of each Component are listed below:

---

| | | | |
|:---|:---|:---|:---|
| **Component** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;&nbsp;**Percentage of Notional<br> Amount** |
| AU Short Variance Replication Strategy<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;$16863 | &nbsp;&nbsp;&nbsp;&nbsp;$113706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.6% |
| EU Short Variance Replication Strategy<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1 |
| US 5-Year Rates Short Volatility Strategy<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.5 |
| Gold Short Volatility Strategy<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.3 |
| US Equity (NASDAQ) Upside Volatility Premium Strategy<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35439) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.0 |
| USD Swaption Triangle L1 Strategy<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.4 |
| US 10-Year Rates Short Volatility Strategy<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2 |
| US Short Variance Replication Strategy<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.5 |
| US Equity (S&P) Upside Volatility Premium Strategy<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.9 |
| Brent Volatility Carry with Protection Strategy<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.9 |
| WTI Volatility Carry with Protection Strategy<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19056) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.5 |
| VIX Volatility Carry with Protection Strategy<sup>(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(60330) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.1 |
| **Total** | &nbsp;&nbsp;&nbsp;&nbsp;**$197233** | &nbsp;&nbsp;&nbsp;&nbsp;**$1097926** | &nbsp;&nbsp;&nbsp;&nbsp;**100.0%** |

---

<sup>(1)</sup> The strategy seeks to replicate short variance exposure to the S&P/ASX 200 Index by combining a position in the underlying index with an option overlay. The option overlay consists of exchange-traded written put and call options on the S&P/ASX 200 Index.

<sup>(2)</sup> The strategy seeks to replicate short variance exposure to the EURO STOXX 50 Index by combining a short futures position in the underlying index with an option overlay. The option overlay consists of exchange-traded written put and call options on the EURO STOXX 50 Index.

<sup>(3)</sup> The strategy seeks to capture the volatility risk premium in 5-Year treasury futures. The strategy consists of written options and a position in the underlying futures.

*52*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

<sup>(4)</sup> The strategy seeks to capture the implied volatility premium in Gold. The strategy consists of exchange-traded written put and call options on GLD ETF, combined with a position in the GLD ETF.

<sup>(5)</sup> The strategy seeks to generate positive returns by monetizing the implied vs. realized volatility premia in the U.S. equity market. This strategy consists of exchange-traded written put and call options on the NASDAQ Index, combined with a futures position in the underlying index.

<sup>(6)</sup> The strategy seeks to provide exposure to long-dated U.S. dollar interest rates by combining positions in 30-year interest rate swap indexes with an overlay of swaption contracts. The overlay consists of both written and purchased swaptions with 30-, 20-, and 10-year maturities.

<sup>(7)</sup> The strategy seeks to capture the volatility risk premium in 10-Year treasury futures. The strategy consists of written options and a position in the underlying futures.

<sup>(8)</sup> The strategy seeks to replicate short variance exposure to the S&P 500 Index by combining a short futures position in the underlying index with an option overlay. The option overlay consists of exchange-traded written put and call options on the S&P 500 Index.

<sup>(9)</sup> The strategy seeks to generate positive returns by monetizing the implied vs. realized volatility premia in the U.S. equity market. This strategy consists of exchange-traded written put and call options on the S&P 500 Index, combined with a futures position in the underlying index.

<sup>(10)</sup> The strategy seeks to provide exposure to Brent crude oil by holding long futures positions across multiple maturities, complemented by an option overlay. This overlay consists of both purchased and written put and call options on Brent crude oil futures.

<sup>(11)</sup> The strategy seeks to provide exposure to WTI crude oil by holding long futures positions across a range of maturities, complemented by an option overlay. This overlay consists of both purchased and written put and call options on WTI crude oil futures.

<sup>(12)</sup> The strategy seeks to provide exposure to volatility in U.S. equity markets by holding short futures positions on the S&P 500 VIX index, complemented by an option overlay. This overlay consists of written put and call options, as well as purchased call options on VIX futures.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ABS | – Asset-Backed Securities |
| ADR | – American Depositary Receipt |
| COF | – Cost of Funds 11th District |
| CPI-U (NSA) | – Consumer Price Index All Urban Non-Seasonally Adjusted |
| EURIBOR | – Euro Interbank Offered Rate |
| FBIL | – Financial Benchmarks India Ltd. |
| JIBAR | – Johannesburg Interbank Average Rate |
| MIBOR | – Mumbai Interbank Offered Rate |

---

---

| | |
|:---|:---|
| OTC | – Over-the-counter |
| PIK | – Payment In Kind |
| PRIBOR | – Prague Interbank Offered Rate |
| SOFR | – Secured Overnight Financing Rate |
| SONIA | – Sterling Overnight Interbank Average |
| STACR | – Structured Agency Credit Risk |
| TBA | – To Be Announced |
| WIBOR | – Warsaw Interbank Offered Rate |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| BRL | – Brazilian Real |
| CAD | – Canadian Dollar |
| CLP | – Chilean Peso |
| CNY | – Yuan Renminbi |
| COP | – Colombian Peso |
| CZK | – Czech Koruna |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| HKD | – Hong Kong Dollar |
| IDR | – Indonesian Rupiah |
| INR | – Indian Rupee |
| ISK | – Icelandic Krona |
| JPY | – Japanese Yen |

---

---

| | |
|:---|:---|
| KRW | – South Korean Won |
| MXN | – Mexican Peso |
| NZD | – New Zealand Dollar |
| OMR | – Omani Rial |
| PEN | – Peruvian Sol |
| PLN | – Polish Zloty |
| RSD | – Serbian Dinar |
| SAR | – Saudi Riyal |
| THB | – Thai Baht |
| USD | – United States Dollar |
| UZS | – Uzbekistani Som |
| ZAR | – South African Rand |

---

*53*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $15,271,897,112) | &nbsp;&nbsp;$15414288068 |
| Affiliated investments, at value (identified cost $1,828,547,193) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1828547193 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3697494 |
| Deposits for forward commitment securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8089000 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2925568 |
| &nbsp;&nbsp;&nbsp;Centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123217618 |
| &nbsp;&nbsp;&nbsp;OTC derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210000 |
| Foreign currency, at value (identified cost $66,718,514) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67682444 |
| Interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74455880 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5202457 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2904031640 |
| Receivable for TBA sale commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642519718 |
| Receivable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5064771 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1538633 |
| Receivable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6985515 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2813 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131670 |
| **Total assets** | &nbsp;&nbsp;**$21088590482** |
| Liabilities |  |
| Cash collateral due to brokers | &nbsp;&nbsp;$4029000 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845198460 |
| Payable for when-issued/delayed delivery/forward commitment securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6109607351 |
| TBA sale commitments, at value (proceeds receivable $642,519,718) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;637316122 |
| Payable for variation margin on open centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30662432 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13669233 |
| Payable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347833 |
| Upfront receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20012 |
| 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;&nbsp;&nbsp;5259706 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9223 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131670 |
| Accrued foreign capital gains taxes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1236788 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1767167 |
| **Total liabilities** | &nbsp;&nbsp;**$7649254997** |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$13439335485** |

---

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $2,238) | &nbsp;&nbsp;$2764709 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16796033 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341003547 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413079 |
| **Total investment income** | &nbsp;&nbsp;**$360977368** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$28550523 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1821116 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1588948 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782217 |
| Interest expense on securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244571 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277226 |
| **Total expenses** | &nbsp;&nbsp;**$33318851** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$656244 |
| **Total expense reductions** | &nbsp;&nbsp;**$656244** |
| **Net expenses** | &nbsp;&nbsp;**$32662607** |
| **Net investment income** | &nbsp;&nbsp;**$328314761** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$108975245 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11187557 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20350994 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5503718) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49580925) |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1304099) |
| **Net realized gain** | &nbsp;&nbsp;**$84125054** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments (including net increase in accrued foreign capital gains taxes of $911,352) | &nbsp;&nbsp;$(90006878) |
| &nbsp;&nbsp;&nbsp;TBA sale commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1682544) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53202674) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19425272) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995706 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17233194) |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172615 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(180382241)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(96257187)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$232057574** |

---

*55*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$328314761 | &nbsp;&nbsp;$428473218 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84125054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(73208832) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(180382241) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325942333 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$232057574** | &nbsp;&nbsp;**$681206719** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$4126587245 | &nbsp;&nbsp;$4293087455 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(385364628) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(416866718) |
| **Net increase in net assets from capital transactions** | &nbsp;&nbsp;**$3741222617** | &nbsp;&nbsp;**$3876220737** |
| **Net increase in net assets** | &nbsp;&nbsp;**$3973280191** | &nbsp;&nbsp;**$4557427456** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$9466055294 | &nbsp;&nbsp;$4908627838 |
| **At end of period** | &nbsp;&nbsp;**$13439335485** | &nbsp;&nbsp;**$9466055294** |

---

*56*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Consolidated Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| <br>Ratios/Supplemental Data | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.58%<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.84%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.78% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.04% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.22% |
| Portfolio Turnover<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.38%<sup>(6)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.44%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.62%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.94%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.97)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.53%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$13439335** | &nbsp;&nbsp;**$9466055** | &nbsp;&nbsp;**$4908628** | &nbsp;&nbsp;**$2993463** | &nbsp;&nbsp;**$2183251** | &nbsp;&nbsp;**$1881061** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.02%, 0.37%, 0.36%, 0.01%, 0.02% and 0.03% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(3)</sup> Annualized.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.01%, less than 0.005%, less than 0.01%, 0.02% and 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(5)</sup> Includes the effect of To Be Announced (TBA) transactions.

<sup>(6)</sup> Not annualized.

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Global Opportunities Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a non-diversified, open-end management investment company. The Portfolio's investment objective is total return. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Strategic Income Fund held an interest of of approximately 100% in the Portfolio.

The Portfolio seeks to gain exposure to the commodity markets, in whole or in part, through investments in Eaton Vance GOP Commodity Subsidiary, Ltd. (the Subsidiary), a wholly-owned subsidiary of the Portfolio organized under the laws of the Cayman Islands with the same objective and investment policies and restrictions as the Portfolio. The net assets of the Subsidiary at April 30, 2026 were $22,554,644 or 0.2% of the Portfolio's consolidated net assets. The accompanying consolidated financial statements include the accounts of the Subsidiary. Intercompany balances and transactions have been eliminated in consolidation.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.

**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.**

**Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) for which reliable market quotations are readily available are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service.**

**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 or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

**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 (including options on securities, indices and foreign currencies) 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. Futures contracts are valued at the closing settlement price established by the board of trade or exchange on which they are traded. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service. Swaps are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract, and in the case of credit default swaps, based on credit spread quotations obtained from broker/dealers and expected default recovery rates determined by the pricing service using proprietary models. In the case of total return swaps, the pricing service valuations are based on the value of the underlying index or instrument and reference interest rate. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.**

**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 Portfolio'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.**

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[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Portfolio'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 Portfolio 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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Inflation adjustments to the principal amount of inflation-adjusted bonds and notes are reflected as interest income. Deflation adjustments to the principal amount of an inflation-adjusted bond or note are reflected as reductions to interest income to the extent of interest income previously recorded on such bond or note. 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 Portfolio is informed of the ex-dividend date. Withholding taxes on foreign interest, dividends and capital gains have been provided for in accordance with the Portfolio's understanding of the applicable countries' tax rules and rates. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. If one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

In addition to the requirements of the Internal Revenue Code, the Portfolio may also be subject to local taxes on the recognition of capital gains in certain countries. In determining the daily net asset value, the Portfolio 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.

The Subsidiary is treated as a controlled foreign corporation under the Internal Revenue Code and is not expected to be subject to U.S. federal income tax. The Portfolio is treated as a U.S. shareholder of the Subsidiary. As a result, the Portfolio is required to include in gross income for U.S. federal tax purposes all of the Subsidiary's income, whether or not such income is distributed by the Subsidiary. If a net loss is realized by the Subsidiary, such loss is not generally available to offset the income earned by the Portfolio.

As of April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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.

F Unfunded Loan Commitments—The Portfolio may enter into certain loan agreements all or a portion of which may be unfunded. The Portfolio is obligated to fund these commitments at the borrower's discretion. These commitments, if any, are disclosed in the accompanying Consolidated Portfolio of Investments.

G Use of Estimates—The preparation of the consolidated 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 consolidated 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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of

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[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

I Futures Contracts —Upon entering into a futures contract, the Portfolio is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Portfolio each business day, depending on the daily fluctuations in the value of the underlying security or index, and are recorded as unrealized gains or losses by the Portfolio. Gains (losses) are realized upon the expiration or closing of the futures contracts. Should market conditions change unexpectedly, the Portfolio may not achieve the anticipated benefits of the futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

J Forward Foreign Currency Exchange and Non-Deliverable Bond Forward Contracts—The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. While forward foreign currency exchange contracts are privately negotiated agreements between the Portfolio and a counterparty, certain contracts may be "centrally cleared", whereby all payments made or received by the Portfolio pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared contracts, the Portfolio is required to deposit with the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. For centrally cleared contracts, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. The Portfolio may also enter into non-deliverable bond forward contracts for the purchase or sale of a bond denominated in a non-deliverable foreign currency at a fixed price on a future date. For non-deliverable bond forward contracts, unrealized gains and losses, based on changes in the value of the contract, and realized gains and losses are accounted for as described above. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar. In the case of centrally cleared contracts, counterparty risk is minimal due to protections provided by the CCP.

K Purchased Options—Upon the purchase of a call or put option, the premium paid by the Portfolio is included in the Consolidated Statement of Assets and Liabilities as an investment. The amount of the investment is subsequently marked-to-market to reflect the current market value of the option purchased, in accordance with the Portfolio's policies on investment valuations discussed above. Premiums paid for purchasing options that expire are treated as realized losses. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. The risk associated with purchasing options is limited to the premium originally paid. Purchased options traded over-the-counter involve risk that the issuer or counterparty will fail to perform its contractual obligations.

L Interest Rate Swaps—Swap contracts are privately negotiated agreements between the Portfolio and a counterparty. Certain swap contracts may be centrally cleared. Pursuant to interest rate swap agreements, the Portfolio either makes floating-rate payments to the counterparty (or CCP in the case of centrally cleared swaps) based on a benchmark interest rate in exchange for fixed-rate payments or the Portfolio makes fixed-rate payments to the counterparty (or CCP in the case of a centrally cleared swap) in exchange for payments on a floating benchmark interest rate. Payments received or made, including amortization of upfront payments/receipts, if any (which are amortized over the life of the swap contract), are recorded as realized gains or losses. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains or losses. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. The value of the swap is determined by changes in the relationship between two rates of interest. The Portfolio is exposed to credit loss in the event of non-performance by the swap counterparty. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP. Risk may also arise from movements in interest rates.

M Inflation Swaps—Pursuant to inflation swap agreements, the Portfolio either makes floating-rate payments to the counterparty (or CCP in the case of centrally cleared swaps) based on a benchmark index in exchange for fixed-rate payments or the Portfolio makes fixed-rate payments to the counterparty (or CCP in the case of centrally cleared swaps) in exchange for floating-rate payments based on the return of a benchmark index. By design, the benchmark index is an inflation index, such as the Consumer Price Index. The accounting policy for payments received or made and changes in the underlying value of the inflation swap are the same as for interest rate swaps as described above. The value of the swap is determined by changes in the relationship between the rate of interest and the benchmark index. The Portfolio is exposed to credit loss in the event of nonperformance by the swap counterparty. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP. Risk may also arise from the unanticipated movements in value of interest rates or the index.

N Cross-Currency Swaps—Cross-currency swaps are interest rate swaps in which interest cash flows are exchanged between two parties based on the notional amounts of two different currencies. The notional amounts are typically determined based on the spot exchange rates at the inception of the trade. Cross-currency swaps also involve the exchange of the notional amounts at the start of the contract at the current spot rate with an agreement to re-exchange such amounts at a later date at either the same exchange rate, a specified rate or the then current spot rate. The entire principal value of a cross-currency swap is subject to the risk that the counterparty to the swap will default on its contractual delivery obligations.

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[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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O Credit Default Swaps—When the Portfolio is the buyer of a credit default swap contract, the Portfolio is entitled to receive the par (or other agreed-upon) value of a referenced debt obligation (or basket of debt obligations) from the counterparty (or CCP in the case of a centrally cleared swap) to the contract if a credit event by a third party, such as a U.S. or foreign corporate issuer or sovereign issuer, on the debt obligation occurs. In return, the Portfolio pays the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Portfolio would have spent the stream of payments and received no proceeds from the contract. When the Portfolio is the seller of a credit default swap contract, it receives the stream of payments, but is obligated to pay to the buyer of the protection an amount up to the notional amount of the swap and in certain instances take delivery of securities of the reference entity upon the occurrence of a credit event, as defined under the terms of that particular swap agreement. Credit events are contract specific but may include bankruptcy, failure to pay, restructuring, obligation acceleration and repudiation/moratorium. If the Portfolio is a seller of protection and a credit event occurs, the maximum potential amount of future payments that the Portfolio could be required to make would be an amount equal to the notional amount of the agreement. This potential amount would be partially offset by any recovery value of the respective referenced obligation, or net amount received from the settlement of a buy protection credit default swap agreement entered into by the Portfolio for the same referenced obligation. As the seller, the Portfolio may create economic leverage to its portfolio because, in addition to its total net assets, the Portfolio is subject to investment exposure on the notional amount of the swap. The interest fee paid or received on the swap contract, which is based on a specified interest rate on a fixed notional amount, is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as realized gain upon receipt or realized loss upon payment. The Portfolio also records an increase or decrease to unrealized appreciation (depreciation) in an amount equal to the daily valuation. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. All upfront payments and receipts, if any, are amortized over the life of the swap contract as realized gains or losses. Those upfront payments or receipts for non-centrally cleared swaps are recorded as other assets or other liabilities, respectively, net of amortization. For financial reporting purposes, unamortized upfront payments or receipts, if any, are netted with unrealized appreciation or depreciation on swap contracts to determine the market value of swaps as presented in Notes 6 and 10. These transactions involve certain risks, including the risk that the seller may be unable to fulfill the transaction. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP.

P Total Return Swaps—In a total return swap, the buyer receives a periodic return equal to the total return of a specified security, securities or index for a specified period of time. In return, the buyer pays the counterparty a fixed or variable stream of payments, typically based upon short-term interest rates, possibly plus or minus an agreed upon spread. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains and losses. Periodic payments received or made are recorded as realized gains or losses. The Portfolio is exposed to credit loss in the event of nonperformance by the swap counterparty. Risk may also arise from the unanticipated movements in value of exchange rates, interest rates, securities, or the index.

Q Swaptions—A purchased swaption contract grants the Portfolio, in return for payment of the purchase price, the right, but not the obligation, to enter into a new swap agreement or to shorten, extend, cancel or otherwise modify an existing swap agreement, at some designated future time on specified terms. When the Portfolio purchases a swaption, the premium paid to the writer is recorded as an investment and subsequently marked-to-market to reflect the current value of the swaption. A written swaption gives the Portfolio the obligation, if exercised by the purchaser, to enter into a swap contract according to the terms of the underlying agreement. When the Portfolio writes a swaption, the premium received by the Portfolio is recorded as a liability and subsequently marked-to-market to reflect the current value of the swaption. When a swaption is exercised, the cost of the swap is adjusted by the amount of the premium paid or received. When a swaption expires or an unexercised swaption is closed, a gain or loss is recognized in the amount of the premium paid or received, plus the cost to close. The Portfolio's risk for purchased swaptions is limited to the premium paid. The writer of a swaption bears the risk of unfavorable changes in the preset terms of the underlying swap contract.

R When-Issued Securities and Delayed Delivery Transactions—The Portfolio may purchase securities on a delayed delivery, when-issued or forward commitment basis, including TBA (To Be Announced) securities. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. Securities purchased on a delayed delivery, when-issued or forward commitment basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract. A forward purchase commitment may also be closed by entering into an offsetting commitment. If an offsetting commitment is entered into, the Portfolio will realize a gain or loss on investments based on the price established when the Portfolio entered into the commitment.

S Forward Sale Commitments—The Portfolio may enter into forward sale commitments to sell generic U.S. government agency mortgage-backed securities to hedge its portfolio positions and/or to enhance return. The proceeds to be received from the forward sale commitment are recorded as an asset and a corresponding liability, which is subsequently valued at approximately the current market value of the underlying security in accordance with the Fund's policies on investment valuations discussed above. The Fund records an unrealized gain or loss on investments to the extent of the difference between the proceeds to be received and the value of the open forward sale commitment on the day of determination. If the forward sale commitment is closed through the acquisition of an offsetting purchase commitment or the delivery of securities, the Fund realizes a gain or loss on investments based on the price established when the Fund entered into the commitment. If the Fund enters into a forward sale commitment for the delivery of a security that it does not own or has the right to obtain, it is subject to the risk of loss if the purchase price to settle the commitment is higher than the price at which it was sold.

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[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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T Repurchase Agreements—A repurchase agreement is the purchase by the Portfolio of securities from a counterparty in exchange for cash that is coupled with an agreement to resell those securities to the counterparty at a specified date and price. When a repurchase agreement is entered, the Portfolio typically receives securities with a value that equals or exceeds the repurchase price, including any accrued interest earned on the agreement. The value of such securities will be marked-to-market daily, and cash or additional securities will be exchanged between the parties as needed. Except in the case of a repurchase agreement entered to settle a short sale, the value of the securities delivered to the Portfolio will be at least equal to 90% of the repurchase price during the term of the repurchase agreement. The terms of a repurchase agreement entered to settle a short sale may provide that the cash purchase price paid by the Portfolio is more than the value of purchased securities that effectively collateralize the repurchase price payable by the counterparty. In the event of insolvency of the counterparty to a repurchase agreement, recovery of the repurchase price owed to the Portfolio may be delayed. Such an insolvency also may result in a loss to the extent that the value of the purchased securities decreases during the delay or that value has otherwise not been maintained at an amount at least equal to the repurchase price.

U Reverse Repurchase Agreements—Under a reverse repurchase agreement, the Portfolio temporarily transfers possession of a portfolio security to another party, such as a bank or broker/dealer, in return for cash. At the same time, the Portfolio agrees to repurchase the security at an agreed upon time and price, which reflects an interest payment. In periods of increased demand for a security, the Portfolio may receive a payment from the counterparty for the use of the security, which is recorded as interest income. Because the Portfolio retains effective control over the transferred security, the transaction is accounted for as a secured borrowing. The Portfolio may enter into such agreements when it believes it is able to invest the cash acquired at a rate higher than the cost of the agreement, which would increase earned income. When the Portfolio enters into a reverse repurchase agreement, any fluctuations in the market value of either the securities transferred to another party or the securities in which the proceeds may be invested would affect the market value of the Portfolio's assets. Because reverse repurchase agreements may be considered to be the practical equivalent of borrowing funds (and the counterparty making a loan), they constitute a form of leverage. The Portfolio segregates cash or liquid assets equal to its obligation to repurchase the security. During the term of the agreement, the Portfolio may also be obligated to pledge additional cash and/or securities in the event of a decline in the fair value of the transferred security. In the event the counterparty to a reverse repurchase agreement becomes insolvent, recovery of the security transferred by the Portfolio may be delayed or the Portfolio may incur a loss equal to the amount by which the value of the security transferred by the Portfolio exceeds the repurchase price payable by the Portfolio.

V Securities Sold Short—A short sale is a transaction in which the Portfolio sells a security it does not own in anticipation of a decline in the market value of that security. To complete such a transaction, the Portfolio must borrow the security to make delivery to the buyer with an obligation to replace such borrowed security at a later date. Until the security is replaced, the Portfolio is required to repay the lender any dividends or interest, which accrue during the period of the loan. The proceeds received from a short sale are recorded as a liability and the Portfolio records an unrealized gain or loss to the extent of the difference between the proceeds received and the value of the open short position on the day of determination. A gain, limited to the price at which the Portfolio sold the security short, or a loss, potentially unlimited as there is no upward limit on the price of a security, is recorded when the short position is terminated. Interest and dividends payable on securities sold short are recorded as an expense.

W Stripped Mortgage-Backed Securities—The Portfolio may invest in Interest Only (IO) and Principal Only (PO) securities, forms of stripped mortgage-

backed securities, whereby the IO security receives all the interest and the PO security receives all the principal on a pool of mortgage assets. The yield to maturity on an IO security is extremely sensitive to the rate of principal payments (including prepayments) on the related underlying mortgage assets, and a rapid rate of principal payments may have a material adverse effect on the yield to maturity from these securities. If the underlying mortgages experience greater than anticipated prepayments of principal, the Portfolio may fail to recoup its initial investment in an IO security. The market value of IO and PO securities can be unusually volatile due to changes in interest rates.

X Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

Y Interim Consolidated Financial Statements—The interim consolidated financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the consolidated financial statements.

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[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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2 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Portfolio and the Subsidiary. The Portfolio and Subsidiary each pay BMR a fee computed at an annual rate as a percentage of its respective 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;0.615% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.595% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.575% |
| $1.5 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.555% |
| $2 billion but less than $3 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.520% |
| $3 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.490% |

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In determining the investment adviser fee for the Portfolio and Subsidiary, the applicable advisory fee rate is based on the average daily net assets of the Portfolio (inclusive of its interest in the Subsidiary). Such fee rate is then assessed separately on the Portfolio's average daily net assets (exclusive of its interest in the Subsidiary) and the Subsidiary's average daily net assets to determine the amount of the investment adviser fee. For the six months ended April 30, 2026, the Portfolio's investment adviser fee amounted to $28,550,523 or 0.51% (annualized) of the Portfolio's consolidated average daily net assets.

The Portfolio 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 fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $656,244 relating to the Portfolio's investment in the Liquidity Fund.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities, paydowns, principal repayments on Senior Loans, TBA transactions and securities sold short, for the six months ended April 30, 2026 were as follows:

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;&nbsp;**Sales** |
| Investments (non-U.S. Government) | &nbsp;&nbsp;&nbsp;&nbsp;$3046069392 | &nbsp;&nbsp;&nbsp;&nbsp;$1627885918 |
| U.S. Government and Agency Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37120429031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34741590547 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$40166498423** | &nbsp;&nbsp;&nbsp;&nbsp;**$36369476465** |

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4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments of the Portfolio, including open derivative contracts, TBA sale commitments and the Portfolio's investment in the Subsidiary at April 30, 2026, as determined on a federal income tax basis, were as follows:

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| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$16485011007** |
| Gross unrealized appreciation | &nbsp;&nbsp;$370934566 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(332209845) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$38724721** |

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[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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5 Restricted Securities

At April 30, 2026, the Portfolio owned the following securities (representing 1.0% of net assets) which were restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Portfolio has various registration rights (exercisable under a variety of circumstances) with respect to these securities. The value of these securities is determined based on valuations provided by brokers when available, or if not available, they are valued at fair value using methods determined in good faith by or at the direction of the Trustees' valuation designee.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Date(s) of<br> Acquisition** | &nbsp;&nbsp;&nbsp;&nbsp;**Principal Amount/<br> Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Cost** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| **Convertible Preferred Stocks** |  |  |  |  |
| QXO, Inc., 4.75% | &nbsp;&nbsp;&nbsp;&nbsp;3/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;2014 | &nbsp;&nbsp;&nbsp;&nbsp;$20140000 | &nbsp;&nbsp;&nbsp;&nbsp;$19336474 |
| **Total Convertible Preferred Stocks** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$20140000** | &nbsp;&nbsp;&nbsp;&nbsp;**$19336474** |
| **Insurance Linked Securities** |  |  |  |  |
| Mt. Logan Re Ltd., Series 13, Participating Units | &nbsp;&nbsp;&nbsp;&nbsp;1/2/18 | &nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;$6658283 | &nbsp;&nbsp;&nbsp;&nbsp;$37489493 |
| Mt. Logan Re Ltd., Series 17, Participating Units | &nbsp;&nbsp;&nbsp;&nbsp;1/26/21 | &nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 572931 | &nbsp;&nbsp;&nbsp;&nbsp; 3181743 |
| Mt. Logan Re Ltd., Series 19, Participating Units | &nbsp;&nbsp;&nbsp;&nbsp;2/6/24 | &nbsp;&nbsp;&nbsp;&nbsp;7464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7463900 | &nbsp;&nbsp;&nbsp;&nbsp; 16824722 |
| PartnerRe ILS Fund SAC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1/2/24 | &nbsp;&nbsp;&nbsp;&nbsp;34000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34000000 | &nbsp;&nbsp;&nbsp;&nbsp; 47855000 |
| **Total Insurance Linked Securities** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$48695114** | &nbsp;&nbsp;&nbsp;&nbsp;**$105350958** |
| **Preferred Stocks** |  |  |  |  |
| AH Parent, Inc. (Alliant), Series A | &nbsp;&nbsp;&nbsp;&nbsp;9/25/24 | &nbsp;&nbsp;&nbsp;&nbsp;$8224000 | &nbsp;&nbsp;&nbsp;&nbsp;$8104000 | &nbsp;&nbsp;&nbsp;&nbsp;$8078049 |
| **Total Preferred Stocks** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$8104000** | &nbsp;&nbsp;&nbsp;&nbsp;**$8078049** |
| **Total Restricted Securities** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$76939114** | &nbsp;&nbsp;&nbsp;&nbsp;**$132765481** |

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6 Financial Instruments

The Portfolio may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities. These financial instruments may include swaptions, forward foreign currency exchange contracts, non-deliverable bond forward contracts, futures contracts and swap contracts 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 Portfolio 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 April 30, 2026 is included in the Consolidated Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:

Credit Risk: The Portfolio entered into credit default swaps and swaptions to manage certain investment risks and/or to enhance total return or as a substitute for the purchase or sale of securities.

Equity Price Risk: The Portfolio entered into total return swaps to enhance total return.

Foreign Exchange Risk: The Portfolio engaged in forward foreign currency exchange contracts, currency options and cross-currency swaps to enhance total return, to seek to hedge against fluctuations in currency exchange rates and/or as a substitute for the purchase or sale of securities or currencies.

Interest Rate Risk: The Portfolio utilized various interest rate derivatives including non-deliverable bond forward contracts, interest rate futures contracts, interest rate swaps and swaptions, inflation swaps and total return swaps to enhance total return, to seek to hedge against fluctuations in interest rates and/or to change the effective duration of its portfolio.

The Portfolio enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio's net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $14,023,868. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $100,026,969 at April 30, 2026.

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[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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The OTC derivatives in which the Portfolio invests (except for written swaptions as the Portfolio, not the counterparty, is obligated to perform) are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio (and Subsidiary) has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio (and Subsidiary) may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio's net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio (and Subsidiary) and/or counterparty is held in segregated accounts by the Portfolio's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Consolidated Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Consolidated Portfolio of Investments. The carrying amount of the liability for cash collateral due to brokers at April 30, 2026 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 10) at April 30, 2026. Because the Subsidiary is not registered under the 1940 Act, it may not be able to negotiate terms with its counterparties that are equivalent to those a registered portfolio may negotiate. As a result, the Subsidiary may have greater exposure to those counterparties than a registered portfolio.

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[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

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The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Consolidated Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Equity<br> Price** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Unaffiliated investments, at value | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$535748 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$535748 |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173262<sup>(1)</sup> | &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;809885<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21042073<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22025220 |
| Receivable for open forward foreign currency exchange contracts | &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;1538633 | &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;1538633 |
| Receivable for open swap contracts; Upfront receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244609 | &nbsp;&nbsp;&nbsp;&nbsp;2470477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4257219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6972305 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$417871** | &nbsp;&nbsp;**$2470477** | &nbsp;&nbsp;**$2884266** | &nbsp;&nbsp;**$25299292** | &nbsp;&nbsp;**$31071906** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$173262** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$809885** | &nbsp;&nbsp;**$21042073** | &nbsp;&nbsp;**$22025220** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$244609** | &nbsp;&nbsp;**$2470477** | &nbsp;&nbsp;**$2074381** | &nbsp;&nbsp;**$4257219** | &nbsp;&nbsp;**$9046686** |
| Not applicable | &nbsp;&nbsp;$(84027972)<sup>(1)</sup> | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(19028452)<sup>(1)</sup> | &nbsp;&nbsp;$(73481769)<sup>(1)</sup> | &nbsp;&nbsp;$(176538193) |
| Payable for open forward foreign currency exchange contracts | &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;(13669233) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13669233) |
| Payable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(354635) | &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;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(354635) |
| **Total Liability Derivatives** | &nbsp;&nbsp;**$(84382607)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(32697685)** | &nbsp;&nbsp;**$(73481769)** | &nbsp;&nbsp;**$(190562061)** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$(84027972)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(19028452)** | &nbsp;&nbsp;**$(73481769)** | &nbsp;&nbsp;**$(176538193)** |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$(354635)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(13669233)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(14023868)** |

---

<sup>(1)</sup> Only the current day's variation margin on open futures contracts and centrally cleared derivatives is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open futures contracts and centrally cleared derivatives, as applicable.

The Portfolio's derivative assets and liabilities at fair value by risk, which are reported gross in the Consolidated Statement of Assets and Liabilities, are presented in the table above. The following tables present the Portfolio's derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Portfolio (and Subsidiary) for such assets and pledged by the Portfolio (and Subsidiary) for such liabilities as of April 30, 2026.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp;**Total Cash<br> Collateral<br> Received** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$4525896 | &nbsp;&nbsp;&nbsp;$(1412751) | &nbsp;&nbsp;&nbsp;$(3113145) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(938151) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30792) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7076) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(151418) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62914 | &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;(62914) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;210000 |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(138063) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(370598) | &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; — |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;1120995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23610) | &nbsp;&nbsp;&nbsp;&nbsp;(1097385) | &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; — |

---

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp;**Total Cash<br> Collateral<br> Received** |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;$34211 | &nbsp;&nbsp;&nbsp;$(34211) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7308) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;1633674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(827394) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;806280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp;**$9046686** | &nbsp;&nbsp;&nbsp;**$(2591962)** | &nbsp;&nbsp;&nbsp;**$(5559940)** | &nbsp;&nbsp;&nbsp;**$(62914)** | &nbsp;&nbsp;&nbsp;**$831870** | &nbsp;&nbsp;&nbsp;**$210000** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** | &nbsp;&nbsp;&nbsp;**Total Cash<br> Collateral<br> Pledged** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$(1412751) | &nbsp;&nbsp;&nbsp;$1412751 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4016507) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(3078356) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6774705) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30792 | &nbsp;&nbsp;&nbsp;&nbsp;6743913 | &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; — |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7076) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7076 | &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;&nbsp;&nbsp;&nbsp; — |
| Credit Agricole Corporate and Investment Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(180658) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130464 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50194) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Goldman Sachs Bank USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(354635) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354635 | &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; — |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(138063) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138063 | &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;&nbsp;&nbsp;&nbsp; — |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18265) | &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;(18265) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23610) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23610 | &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;&nbsp;&nbsp;&nbsp; — |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83781) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49570 | &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; — |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1013817) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7308 | &nbsp;&nbsp;&nbsp;&nbsp;1006509 | &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;**$(14023868)** | &nbsp;&nbsp;&nbsp;**$2591962** | &nbsp;&nbsp;&nbsp;**$8285091** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$(3146815)** | &nbsp;&nbsp;&nbsp;**$—** |
| **Total — Deposits for derivatives collateral — OTC derivatives** | **Total — Deposits for derivatives collateral — OTC derivatives** | **Total — Deposits for derivatives collateral — OTC derivatives** |  |  |  | &nbsp;&nbsp;&nbsp;**$210000** |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

Information with respect to reverse repurchase agreements at April 30, 2026 is included at Note 8.

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Consolidated Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Consolidated Statement of Operations Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Equity<br> Price** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investment transactions<sup>(1)</sup> | $— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(793702) | &nbsp;&nbsp;$(793702) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &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;&nbsp;&nbsp;&nbsp;&nbsp;11187557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11187557 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;4884489 | &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;961295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14505210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20350994 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &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;(49580925) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(49580925) |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1304099) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1304099) |
| **Total** | **$4884489** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(48619630)** | &nbsp;&nbsp;**$23594966** | &nbsp;&nbsp;**$(20140175)** |
| Change in unrealized appreciation (depreciation): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments<sup>(1)</sup> | $— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(3035755) | &nbsp;&nbsp;$(104080) | &nbsp;&nbsp;$(3139835) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(53202674) | &nbsp;&nbsp;&nbsp;&nbsp;(53202674) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;(7340471) | &nbsp;&nbsp;&nbsp;&nbsp;3097604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(15182405) | &nbsp;&nbsp;&nbsp;&nbsp;(19425272) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(17233194) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(17233194) |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172615 |
| **Total** | **$(7340471)** | &nbsp;&nbsp;**$3097604** | &nbsp;&nbsp;**$(20268949)** | &nbsp;&nbsp;**$(68316544)** | &nbsp;&nbsp;**$(92828360)** |

---

<sup>(1)</sup> Relates to purchased options and swaptions.

The average notional cost of futures contracts and average notional amounts of other derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures<br> Contracts — Long** | &nbsp;&nbsp;&nbsp;&nbsp;**Futures<br> Contracts — Short** | &nbsp;&nbsp;&nbsp;&nbsp;**Forward<br> Foreign Currency<br> Exchange Contracts<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Non-Deliverable<br> Bond Forward<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Purchased<br> Swaptions** |
| $3171559000 | &nbsp;&nbsp;&nbsp;&nbsp;$312388000 | &nbsp;&nbsp;&nbsp;&nbsp;$2395634000 | &nbsp;&nbsp;&nbsp;&nbsp;$19119000 | &nbsp;&nbsp;&nbsp;&nbsp;$428571000 |

---

---

| | |
|:---|:---|
| **Purchased Put Options** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $159737000 | &nbsp;&nbsp;&nbsp;&nbsp;$3481994000 |

---

<sup>1</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

7 Line of Credit

The Portfolio participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Portfolio solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Portfolio based on its borrowings generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Portfolio, it may be unable to borrow some or all of its requested amounts at any particular time. The Portfolio did not have any significant borrowings or allocated fees during the six months ended April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

8 Reverse Repurchase Agreements

There were no open reverse repurchase agreements outstanding as of April 30, 2026. For the six months ended April 30, 2026, the average borrowings under settled reverse repurchase agreements and the average annual interest rate paid were approximately $31,850,000 and 4.09%, respectively.

9 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $1,828,547,193, which represents 13.6% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $279205233 | $5383666943 | $(3834324983) | $— | $— | $1828547193 | $16796033 | 1828547193 |

---

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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Asset-Backed Securities | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$941634325 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$941634325 |
| Closed-End Funds | &nbsp;&nbsp;&nbsp;&nbsp; 7630467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7630467 |
| Collateralized Mortgage Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5405651031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5405651031 |
| Commercial Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 935245664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 935245664 |
| Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 20746171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86,306,757\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107052928 |
| Convertible Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 318252317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 318252317 |
| Convertible Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 8083895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19336474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27420369 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 688730254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 688730254 |
| Foreign Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 748303145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 748303145 |
| Government National Mortgage Association Participation Agreements | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200044387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200044387 |
| Insurance Linked Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480902943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 480902943 |
| Loan Participation Notes | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154648 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 10101500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10240209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20341709 |
| Senior Floating-Rate Loans (Less Unfunded Loan Commitments) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121525343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16689073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138214416 |
| Sovereign Government Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089569471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089569471 |
| U.S. Government Agency Commercial Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12063201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12063201 |

---

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description (continued)** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| U.S. Government Agency Mortgage-Backed Securities | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$4171687607 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$4171687607 |
| U.S. Government Guaranteed Small Business Administration Loans | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5375782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5375782 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp;1828547193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1828547193 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115477656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115477656 |
| Purchased Currency Options | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 535748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 535748 |
| **Total Investments** | &nbsp;&nbsp;**$1875109226** | &nbsp;&nbsp;&nbsp;&nbsp;**$14850642897** | &nbsp;&nbsp;&nbsp;&nbsp;**$517083138** | &nbsp;&nbsp;&nbsp;&nbsp;**$17242835261** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$2348518 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$2348518 |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; 15482504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15482504 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12705136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12705136 |
| **Total** | &nbsp;&nbsp;**$1890591730** | &nbsp;&nbsp;&nbsp;&nbsp;**$14865696551** | &nbsp;&nbsp;&nbsp;&nbsp;**$517083138** | &nbsp;&nbsp;&nbsp;&nbsp;**$17273371419** |
| **Liability Description** |  |  |  |  |
| TBA Sale Commitments | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(637316122) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(637316122) |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (32697685) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (32697685) |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (59943254) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (59943254) |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (97921122) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (97921122) |
| **Total** | &nbsp;&nbsp;**$(59943254)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(767934929)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(827878183)** |

---

\* 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.

The following is a reconciliation of Level 3 investments for which significant unobservable inputs were used to determine fair value:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Convertible<br> Preferred Stocks** | &nbsp;&nbsp;**Foreign<br> Corporate Bonds** | &nbsp;&nbsp;**Insurance<br> Linked<br> Securities\*** | &nbsp;&nbsp;**Loan<br> Participation Notes** | &nbsp;&nbsp;**Senior<br> Floating-Rate<br> Loans** | &nbsp;&nbsp;**Total** |
| **Balance as of October 31, 2025** | **$—** | &nbsp;&nbsp;**$0** | &nbsp;&nbsp;**$201424147** | &nbsp;&nbsp;**$153735** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$201577882** |
| Realized gains (losses) | &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; 115452 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1836 | &nbsp;&nbsp;&nbsp;&nbsp; 117288 |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(803526) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 22531209 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (473) | &nbsp;&nbsp;&nbsp;&nbsp; 75489 | &nbsp;&nbsp;&nbsp;&nbsp; 21802699 |
| Cost of purchases | &nbsp;&nbsp;&nbsp;&nbsp;20140000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22372 | &nbsp;&nbsp;&nbsp;&nbsp;330695755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;16630910 | &nbsp;&nbsp;&nbsp;&nbsp;367489037 |
| Proceeds from sales, including return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(22372) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(73863620) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (51105) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(73937097) |
| Accrued discount (premium) | &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; 1386 | &nbsp;&nbsp;&nbsp;&nbsp; 31943 | &nbsp;&nbsp;&nbsp;&nbsp; 33329 |
| Transfers to Level 3 | &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;&nbsp;&nbsp;&nbsp; — |
| Transfers from Level 3 | &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;&nbsp;&nbsp;&nbsp; — |
| **Balance as of April 30, 2026** | &nbsp;&nbsp;**$19336474** | &nbsp;&nbsp;**$0** | &nbsp;&nbsp;**$480902943** | &nbsp;&nbsp;**$154648** | &nbsp;&nbsp;**$16689073** | &nbsp;&nbsp;**$517083138** |
| **Change in net unrealized appreciation (depreciation) on investments still held as of April 30, 2026** | &nbsp;&nbsp;**$(803526)** | &nbsp;&nbsp;**$(22372)** | &nbsp;&nbsp;**$24927106** | &nbsp;&nbsp;**$(473)** | &nbsp;&nbsp;**$75489** | &nbsp;&nbsp;**$24176224** |

---

\* The Portfolio's investments in Insurance Linked Securities were primarily valued on the basis of broker quotations.

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

Global Opportunities Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

The following is a summary of quantitative information about significant unobservable valuation inputs for Level 3 investments held as of April 30, 2026:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Investment** | &nbsp;&nbsp;**Fair Value as of<br> April 30, 2026** | &nbsp;&nbsp;**Valuation Technique** | &nbsp;&nbsp;**Unobservable Input** | &nbsp;&nbsp;**Input** | &nbsp;&nbsp;&nbsp;&nbsp;**Impact to<br> Valuation from an<br> Increase to Input\*** |
| Convertible Preferred Stocks | &nbsp;&nbsp;$19336474 | &nbsp;&nbsp;Discounted Cash Flow Model with Embedded Option Valuation | &nbsp;&nbsp;Liquidity Discount Percentage | &nbsp;&nbsp; 20% | &nbsp;&nbsp;&nbsp;&nbsp;Decrease |
| Foreign Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;Estimated Recovery Value | &nbsp;&nbsp;Estimated Recovery Value Percentage | &nbsp;&nbsp; 0% | &nbsp;&nbsp;&nbsp;&nbsp;Increase |
| Loan Participation Notes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154648 | &nbsp;&nbsp;Matrix Pricing | &nbsp;&nbsp;Adjusted Credit Spread to the Central Bank of Uzbekistan Quoted Policy Rate | &nbsp;&nbsp;4.89% | &nbsp;&nbsp;&nbsp;&nbsp;Decrease |

---

\* Represents the directional change in the fair value of the Level 3 investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect.

11 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, and by acts of terrorism and war. 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 Portfolio 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.

Economic data as reported by sovereign entities may be delayed, inaccurate or fraudulent. In the event of a default by a sovereign entity, there are typically no assets to be seized or cash flows to be attached. Furthermore, the willingness or ability of a sovereign entity to restructure defaulted debt may be limited. Therefore, losses on sovereign defaults may far exceed the losses from the default of a similarly rated U.S. debt issuer.

------

[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

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[**Table of Contents**](#JOB_EV_AR_b93c3f22-0249-4d4b-b9c0-289dd8423eb5_TOC)

ETSIX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Tax-Managed Equity Asset Allocation Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img4d111a221.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Tax-Managed Equity Asset Allocation Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_3e693cdb-fb37-42ec-b505-d7c8442a7ac6_1)** |  |
| [Items 6 and 7 of Form N-CSR:](#xx_705539e3-0c66-4118-a1aa-22b273e84134_1) | [Items 6 and 7 of Form N-CSR:](#xx_705539e3-0c66-4118-a1aa-22b273e84134_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_705539e3-0c66-4118-a1aa-22b273e84134_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_c1ba764b-59f9-4e41-852f-8a22c5744319_1) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_c1ba764b-59f9-4e41-852f-8a22c5744319_2) | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_c1ba764b-59f9-4e41-852f-8a22c5744319_3) | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_393f3026-c812-4e28-9b9d-ae7ae12578f5_1) | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_312c9543-822e-467b-9409-6b244eb1b47d_1) | 10 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Portfolio of Investments (Unaudited)

------

Affiliated Investment Funds — 9.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Eaton Vance Global Equity Income Fund, Class I<sup>(1)</sup> | 3978228 | &nbsp;&nbsp;$81871926 |
| Affiliated Investment Funds<br> (identified cost $69,229,963) |  | &nbsp;&nbsp;**$81871926** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Investments in Affiliated Portfolios — 86.7%

---

| | |
|:---|:---|
| **Description** | &nbsp;&nbsp;**Value** |
| Tax-Managed Growth Portfolio<br> (identified cost, $46,468,966) | &nbsp;&nbsp;$304863075 |
| Tax-Managed Multi-Cap Growth Portfolio<br> (identified cost, $54,308,980) | &nbsp;&nbsp;&nbsp;&nbsp;142593005 |
| Tax-Managed Small-Cap Portfolio<br> (identified cost, $66,921,244) | &nbsp;&nbsp;&nbsp;&nbsp; 72583863 |
| Tax-Managed Value Portfolio<br> (identified cost, $138,865,852) | &nbsp;&nbsp;&nbsp;&nbsp;254623163 |
| Total Investments in Affiliated Portfolios<br> (identified cost $306,565,042) | &nbsp;&nbsp;**$774663106** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Debt Obligations — 3.7%<sup>(2)</sup>

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Banks — 2.4% | Banks — 2.4% | Banks — 2.4% |
| Banco Bilbao Vizcaya Argentaria SA, 9.375% to 3/19/29<sup>(3)(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;$660917 |
| Banco Mercantil del Norte SA/Grand Cayman: |  |  |
| &nbsp;&nbsp;&nbsp;8.375% to 10/14/30<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 638493 |
| &nbsp;&nbsp;&nbsp;8.375% to 5/20/31<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 211728 |
| Banco Santander SA, 9.625% to 5/21/33<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 952445 |
| Bank of America Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;6.625% to 5/1/30<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 516017 |
| &nbsp;&nbsp;&nbsp;Series TT, 6.125% to 4/27/27<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 428183 |
| Bank of Montreal, 7.70% to 5/26/29, 5/26/84<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;964 | &nbsp;&nbsp;&nbsp;&nbsp; 1015531 |
| Barclays PLC, 8.00% to 3/15/29<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726 | &nbsp;&nbsp;&nbsp;&nbsp; 764135 |
| BNP Paribas SA: |  |  |
| &nbsp;&nbsp;&nbsp;4.625% to 2/25/31<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203 | &nbsp;&nbsp;&nbsp;&nbsp; 187093 |
| &nbsp;&nbsp;&nbsp;7.75% to 8/16/29<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp; 531177 |
| Canadian Imperial Bank of Commerce, 7.00% to 10/28/30, 10/28/85<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970 | &nbsp;&nbsp;&nbsp;&nbsp; 995916 |
| Citigroup, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.625% to 2/15/31<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 344368 |
| &nbsp;&nbsp;&nbsp;6.875% to 8/15/30<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566 | &nbsp;&nbsp;&nbsp;&nbsp; 575029 |
| &nbsp;&nbsp;&nbsp;6.95% to 2/15/30<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440 | &nbsp;&nbsp;&nbsp;&nbsp; 448073 |
| Deutsche Bank AG, 8.13% to 4/30/30<sup>(3)(4)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 424899 |
| Farm Credit Bank of Texas, 7.75% to 6/15/29<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429 | &nbsp;&nbsp;&nbsp;&nbsp; 447550 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Banks (continued) | Banks (continued) | Banks (continued) |
| HSBC Holdings PLC, 4.60% to 12/17/30<sup>(3)(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;$629836 |
| Huntington Bancshares, Inc., Series F, 5.625% to 7/15/30<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;&nbsp; 400953 |
| ING Groep NV, 7.25% to 11/16/34<sup>(3)(4)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 709948 |
| JPMorgan Chase & Co., Series KK, 3.65% to 6/1/26<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559 | &nbsp;&nbsp;&nbsp;&nbsp; 558355 |
| KeyCorp, Series D, 5.00% to 9/15/26<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp; 966904 |
| NatWest Group PLC: |  |  |
| &nbsp;&nbsp;&nbsp;4.60% to 6/28/31<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 183972 |
| &nbsp;&nbsp;&nbsp;8.125% to 11/10/33<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460 | &nbsp;&nbsp;&nbsp;&nbsp; 508088 |
| Nordea Bank Abp, 6.75% to 11/10/33<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp; 868688 |
| PNC Financial Services Group, Inc., Series U, 6.00% to 5/15/27<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 800644 |
| Royal Bank of Canada: |  |  |
| &nbsp;&nbsp;&nbsp;6.50% to 11/24/35, 11/24/85<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 295878 |
| &nbsp;&nbsp;&nbsp;7.50% to 5/2/29, 5/2/84<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820 | &nbsp;&nbsp;&nbsp;&nbsp; 852490 |
| Societe Generale SA, 5.375% to 11/18/30<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1034 | &nbsp;&nbsp;&nbsp;&nbsp; 996332 |
| State Street Corp., Series J, 6.70% to 9/15/29<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 238500 |
| Sumitomo Mitsui Financial Group, Inc., 6.60% to 6/5/34<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp; 339272 |
| Svenska Handelsbanken AB, 4.75% to 3/1/31<sup>(3)(4)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 571709 |
| Swedbank AB, 7.75% to 3/17/30<sup>(3)(4)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 638223 |
| Toronto-Dominion Bank, 8.125% to 10/31/27, 10/31/82<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp; 1014795 |
| Truist Financial Corp., Series Q, 5.10% to 3/1/30<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134 | &nbsp;&nbsp;&nbsp;&nbsp; 134958 |
| UBS Group AG: |  |  |
| &nbsp;&nbsp;&nbsp;4.375% to 2/10/31<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419 | &nbsp;&nbsp;&nbsp;&nbsp; 385312 |
| &nbsp;&nbsp;&nbsp;6.85% to 9/10/29<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 690692 |
| Wells Fargo & Co., 6.85%<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp; 884746 |
|  |  | &nbsp;&nbsp;**$21811849** |
| Capital Markets — 0.1% | Capital Markets — 0.1% | Capital Markets — 0.1% |
| Charles Schwab Corp., Series H, 4.00% to 12/1/30<sup>(3)(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1270 | &nbsp;&nbsp;$1184494 |
|  |  | &nbsp;&nbsp;**$1184494** |
| Construction Materials — 0.1% | Construction Materials — 0.1% | Construction Materials — 0.1% |
| Cemex SAB de CV, 7.20% to 6/10/30<sup>(3)(4)(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437 | &nbsp;&nbsp;$453064 |
|  |  | &nbsp;&nbsp;**$453064** |
| Diversified Financial Services — 0.3% | Diversified Financial Services — 0.3% | Diversified Financial Services — 0.3% |
| American AgCredit Corp., Series A, 5.25% to 6/15/26<sup>(3)(4)(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;914 | &nbsp;&nbsp;$905856 |
| Goldman Sachs Group, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.80% to 5/10/26<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 324999 |
| &nbsp;&nbsp;&nbsp;Series V, 4.125% to 11/10/26<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768 | &nbsp;&nbsp;&nbsp;&nbsp; 760737 |
| &nbsp;&nbsp;&nbsp;Series W, 7.50% to 2/10/29<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 241939 |

---

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Diversified Financial Services (continued) | Diversified Financial Services (continued) | Diversified Financial Services (continued) |
| Nomura Holdings, Inc., 7.00% to 7/15/30<sup>(3)(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;$309906 |
|  |  | &nbsp;&nbsp;**$2543437** |
| Electric Utilities — 0.2% | Electric Utilities — 0.2% | Electric Utilities — 0.2% |
| Dominion Energy, Inc., Series C, 4.35% to 1/15/27<sup>(3)(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583 | &nbsp;&nbsp;$578266 |
| Emera, Inc., Series 16-A, 6.75% to 6/15/26, 6/15/76<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 450487 |
| Sempra, 4.125% to 1/1/27, 4/1/52<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581 | &nbsp;&nbsp;&nbsp;&nbsp; 572934 |
|  |  | &nbsp;&nbsp;**$1601687** |
| Financial Services — 0.1% | Financial Services — 0.1% | Financial Services — 0.1% |
| Ally Financial, Inc., Series B, 4.70% to 5/15/26<sup>(3)(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720 | &nbsp;&nbsp;$718568 |
|  |  | &nbsp;&nbsp;**$718568** |
| Food Products — 0.1% | Food Products — 0.1% | Food Products — 0.1% |
| Land O' Lakes, Inc., 8.00%<sup>(3)(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824 | &nbsp;&nbsp;$821520 |
|  |  | &nbsp;&nbsp;**$821520** |
| Independent Power and Renewable Electricity Producers — 0.1% | Independent Power and Renewable Electricity Producers — 0.1% | Independent Power and Renewable Electricity Producers — 0.1% |
| Algonquin Power & Utilities Corp., 4.75% to 1/18/27, 1/18/82<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678 | &nbsp;&nbsp;$669927 |
|  |  | &nbsp;&nbsp;**$669927** |
| Insurance — 0.2% | Insurance — 0.2% | Insurance — 0.2% |
| Corebridge Financial, Inc., 6.875%<sup>(3)(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;$540306 |
| Liberty Mutual Group, Inc., 4.125% to 9/15/26, 12/15/51<sup>(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1176 | &nbsp;&nbsp;&nbsp;&nbsp; 1163302 |
| Lincoln National Corp., Series C, 9.25% to 12/1/27<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 190709 |
|  |  | &nbsp;&nbsp;**$1894317** |
| Pipelines — 0.1% | Pipelines — 0.1% | Pipelines — 0.1% |
| Enbridge, Inc., Series NC5, 8.25% to 10/15/28, 1/15/84<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606 | &nbsp;&nbsp;$640415 |
| Energy Transfer LP, Series B, 6.625% to 2/15/28<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359 | &nbsp;&nbsp;&nbsp;&nbsp; 363304 |
|  |  | &nbsp;&nbsp;**$1003719** |
| Total Debt Obligations<br> (identified cost $32,039,301) |  | &nbsp;&nbsp;**$32702582** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Exchange-Traded Funds — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Equity Funds — 0.0%<sup>†</sup> | Equity Funds — 0.0%<sup>†</sup> | Equity Funds — 0.0%<sup>†</sup> |
| iShares Preferred & Income Securities ETF | &nbsp;&nbsp;&nbsp;&nbsp;10500 | &nbsp;&nbsp;$330225 |
| Total Exchange-Traded Funds<br> (identified cost $321,825) |  | &nbsp;&nbsp;**$330225** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Preferred Stocks — 0.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Banks — 0.1% | Banks — 0.1% | Banks — 0.1% |
| Citigroup, Inc., Series II, 6.25%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;$253500 |
| Citizens Financial Group, Inc., Series H, 7.375% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5587 | &nbsp;&nbsp;&nbsp;&nbsp; 144983 |
| Fifth Third Bancorp, 6.875%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;13155 | &nbsp;&nbsp;&nbsp;&nbsp; 339530 |
|  |  | &nbsp;&nbsp;**$738013** |
| Electric Utilities — 0.0%<sup>†</sup> | Electric Utilities — 0.0%<sup>†</sup> | Electric Utilities — 0.0%<sup>†</sup> |
| Brookfield BRP Holdings Canada, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.625% | &nbsp;&nbsp;&nbsp;&nbsp;17551 | &nbsp;&nbsp;$265547 |
| &nbsp;&nbsp;&nbsp;7.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4870 | &nbsp;&nbsp;&nbsp;&nbsp; 121214 |
|  |  | &nbsp;&nbsp;**$386761** |
| Insurance — 0.2% | Insurance — 0.2% | Insurance — 0.2% |
| American National Group, Inc., 7.375% | &nbsp;&nbsp;&nbsp;&nbsp;16300 | &nbsp;&nbsp;$404077 |
| Aspen Insurance Holdings Ltd., 7.00% | &nbsp;&nbsp;&nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp; 543620 |
| Athene Holding Ltd., Series A, 6.35%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp; 730500 |
|  |  | &nbsp;&nbsp;**$1678197** |
| Total Preferred Stocks<br> (identified cost $2,978,953) |  | &nbsp;&nbsp;**$2802971** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 0.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;504067 | &nbsp;&nbsp;$504067 |
| Total Short-Term Investments<br> (identified cost $504,067) |  | &nbsp;&nbsp;**$504067** |
| Total Investments — 100.0%<br> (identified cost $411,639,151) |  | &nbsp;&nbsp;**$892874877** |
| Other Assets, Less Liabilities — (0.0)%<sup>†</sup> |  | &nbsp;&nbsp;**$(5239)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$892869638** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Affiliated fund (see Note 9). |
| <sup>(2)</sup> | Debt obligations are hybrid instruments, as determined by the investment adviser. These instruments have characteristics of both equity and debt. |
| <sup>(3)</sup> | Perpetual security with no stated maturity date but may be subject to calls by the issuer. |
| <sup>(4)</sup> | Security converts to variable rate after the indicated fixed-rate coupon period. |
| <sup>(5)</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 April 30, 2026, the aggregate value of these securities is $7,853,257 or 0.9% of the Fund's net assets. |
| <sup>(6)</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 April 30, 2026, the aggregate value of these securities is $2,344,779 or 0.3% of the Fund's net assets. |
| <sup>(7)</sup> | Non-income producing security. |
| <sup>(8)</sup> | May be deemed to be an affiliated investment company (see Note 9). The rate shown is the annualized seven-day yield as of April 30, 2026. |

---

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $35,340,079) | &nbsp;&nbsp;$35835777 |
| Affiliated investments, at value (identified cost $376,299,072) | &nbsp;&nbsp;&nbsp;&nbsp;857039100 |
| Foreign currency, at value (identified cost $5,815) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5835 |
| Interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412319 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;830 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113229 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109620 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51740 |
| **Total assets** | &nbsp;&nbsp;**$893568450** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$159786 |
| 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;132704 |
| &nbsp;&nbsp;&nbsp;Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105972 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151901 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33488 |
| Payable for transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52363 |
| Payable for legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46159 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16439 |
| **Total liabilities** | &nbsp;&nbsp;**$698812** |
| **Net Assets** | &nbsp;&nbsp;**$892869638** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$216205337 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;676664301 |
| **Net Assets** | &nbsp;&nbsp;**$892869638** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$565995554 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13903976 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$40.71 |
| **Maximum Offering Price Per Share<br> (100 ÷ 94.75 of net asset value per share)** | &nbsp;&nbsp;$42.97 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$50376778 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1367727 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$36.83 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$276497306 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6800704 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$40.66 |

---

---

| | |
|:---|:---|
| 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. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $244) | &nbsp;&nbsp;$119176 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1557482 |
| Dividend income allocated from affiliated Portfolios (net of foreign taxes withheld of $19,080) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4139980 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923189 |
| Securities lending income allocated from affiliated Portfolios, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1629 |
| Expenses allocated from affiliated Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2168076) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3690 |
| **Total investment income** | &nbsp;&nbsp;**$4577070** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$764202 |
| Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638646 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;676741 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238668 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26390 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215371 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29890 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13963 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28704 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7451 |
| **Total expenses** | &nbsp;&nbsp;**$2640233** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$296881 |
| **Total expense reductions** | &nbsp;&nbsp;**$296881** |
| **Net expenses** | &nbsp;&nbsp;**$2343352** |
| **Net investment income** | &nbsp;&nbsp;**$2233718** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$224080 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23 |
| Net realized gain (loss) allocated from affiliated Portfolios: |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;&nbsp;&nbsp;24870298 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(423) |
| **Net realized gain** | &nbsp;&nbsp;**$25093978** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$(330565) |
| &nbsp;&nbsp;&nbsp;Investments - affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5050131 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2641 |
| Change in unrealized appreciation (depreciation) allocated from affiliated Portfolios: |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;&nbsp;&nbsp;20931948 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2346 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$25656501** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$50750479** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$52984197** |

---

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$2233718 | &nbsp;&nbsp;$3403639 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25093978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54016042 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25656501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41611370 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$52984197** | &nbsp;&nbsp;**$99031051** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(22621036) | &nbsp;&nbsp;$(4156926) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1973354) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(311595) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11657086) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2246457) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(36251476)** | &nbsp;&nbsp;**$(6714978)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$7873935 | &nbsp;&nbsp;$(29655115) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1676145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2723443 |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6842998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26811031 |
| **Net increase (decrease) in net assets from Fund share transactions** | &nbsp;&nbsp;**$16393078** | &nbsp;&nbsp;**$(120641)** |
| **Net increase in net assets** | &nbsp;&nbsp;**$33125799** | &nbsp;&nbsp;**$92195432** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$859743839 | &nbsp;&nbsp;$767548407 |
| **At end of period** | &nbsp;&nbsp;**$892869638** | &nbsp;&nbsp;**$859743839** |

---

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$39.94 | &nbsp;&nbsp;$35.65 | &nbsp;&nbsp;$27.00 | &nbsp;&nbsp;$25.67 | &nbsp;&nbsp;$31.71 | &nbsp;&nbsp;$23.07 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.10 | &nbsp;&nbsp;$0.15 | &nbsp;&nbsp;$0.12 | &nbsp;&nbsp;$0.18 | &nbsp;&nbsp;$0.15 | &nbsp;&nbsp;$0.10 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5.38) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.69 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$2.43** | &nbsp;&nbsp;**$4.58** | &nbsp;&nbsp;**$8.81** | &nbsp;&nbsp;**$1.53** | &nbsp;&nbsp;**$(5.23)** | &nbsp;&nbsp;**$8.79** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.17) | &nbsp;&nbsp;$(0.04) | &nbsp;&nbsp;$(0.16) | &nbsp;&nbsp;$(0.14) | &nbsp;&nbsp;$(0.10) | &nbsp;&nbsp;$(0.15) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.71) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(1.66)** | &nbsp;&nbsp;**$(0.29)** | &nbsp;&nbsp;**$(0.16)** | &nbsp;&nbsp;**$(0.20)** | &nbsp;&nbsp;**$(0.81)** | &nbsp;&nbsp;**$(0.15)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$40.71** | &nbsp;&nbsp;**$39.94** | &nbsp;&nbsp;**$35.65** | &nbsp;&nbsp;**$27.00** | &nbsp;&nbsp;**$25.67** | &nbsp;&nbsp;**$31.71** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.27%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.93%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**32.73%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.01%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(16.91)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**38.24%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$565996 | &nbsp;&nbsp;$547253 | &nbsp;&nbsp;$517186 | &nbsp;&nbsp;$406567 | &nbsp;&nbsp;$405236 | &nbsp;&nbsp;$513507 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.37% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35% |
| Portfolio Turnover of the Fund<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2%<sup>(3)</sup> | &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;4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4% | &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;&nbsp;&nbsp;6% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Fund's and Portfolios' adviser fees due to the Fund's and Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.07% of average daily net assets for the six months ended April 30, 2026, 0.05% of average daily net assets for the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(8)</sup> Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund, if any.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$36.26 | &nbsp;&nbsp;$32.60 | &nbsp;&nbsp;$24.74 | &nbsp;&nbsp;$23.57 | &nbsp;&nbsp;$29.23 | &nbsp;&nbsp;$21.31 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment loss<sup>(1)</sup> | &nbsp;&nbsp;$(0.05) | &nbsp;&nbsp;$(0.12) | &nbsp;&nbsp;$(0.11) | &nbsp;&nbsp;$(0.02) | &nbsp;&nbsp;$(0.05) | &nbsp;&nbsp;$(0.10) |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.97 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.96) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.02 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$2.06** | &nbsp;&nbsp;**$3.91** | &nbsp;&nbsp;**$7.86** | &nbsp;&nbsp;**$1.23** | &nbsp;&nbsp;**$(5.01)** | &nbsp;&nbsp;**$7.92** |
| Less Distributions |  |  |  |  |  |  |
| From net realized gain | &nbsp;&nbsp;$(1.49) | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.06) | &nbsp;&nbsp;$(0.65) | &nbsp;&nbsp;$— |
| **Total distributions** | &nbsp;&nbsp;**$(1.49)** | &nbsp;&nbsp;**$(0.25)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(0.06)** | &nbsp;&nbsp;**$(0.65)** | &nbsp;&nbsp;**$—** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$36.83** | &nbsp;&nbsp;**$36.26** | &nbsp;&nbsp;**$32.60** | &nbsp;&nbsp;**$24.74** | &nbsp;&nbsp;**$23.57** | &nbsp;&nbsp;**$29.23** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.86%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.11%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**31.73%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.22%** | &nbsp;&nbsp;&nbsp;&nbsp;**(17.53)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**37.17%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$50377 | &nbsp;&nbsp;$47902 | &nbsp;&nbsp;$40364 | &nbsp;&nbsp;$32698 | &nbsp;&nbsp;$34490 | &nbsp;&nbsp;$43788 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.84%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.89%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.97%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01% |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26)%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.38)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.09)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.38)% |
| Portfolio Turnover of the Fund<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2%<sup>(3)</sup> | &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;4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4% | &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;6% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Fund's and Portfolios' adviser fees due to the Fund's and Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.07% of average daily net assets for the six months ended April 30, 2026, 0.05% of average daily net assets for the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(8)</sup> Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund, if any.

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$39.94 | &nbsp;&nbsp;$35.65 | &nbsp;&nbsp;$26.99 | &nbsp;&nbsp;$25.67 | &nbsp;&nbsp;$31.70 | &nbsp;&nbsp;$23.06 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.14 | &nbsp;&nbsp;$0.24 | &nbsp;&nbsp;$0.20 | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.23 | &nbsp;&nbsp;$0.17 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.68 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$2.47** | &nbsp;&nbsp;**$4.67** | &nbsp;&nbsp;**$8.89** | &nbsp;&nbsp;**$1.59** | &nbsp;&nbsp;**$(5.14)** | &nbsp;&nbsp;**$8.85** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.23) | &nbsp;&nbsp;$(0.21) | &nbsp;&nbsp;$(0.18) | &nbsp;&nbsp;$(0.21) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.71) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(1.75)** | &nbsp;&nbsp;**$(0.38)** | &nbsp;&nbsp;**$(0.23)** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.89)** | &nbsp;&nbsp;**$(0.21)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$40.66** | &nbsp;&nbsp;**$39.94** | &nbsp;&nbsp;**$35.65** | &nbsp;&nbsp;**$26.99** | &nbsp;&nbsp;**$25.67** | &nbsp;&nbsp;**$31.70** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.40%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.20%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**33.09%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.26%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(16.68)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**38.56%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$276497 | &nbsp;&nbsp;$264589 | &nbsp;&nbsp;$209999 | &nbsp;&nbsp;$141901 | &nbsp;&nbsp;$125810 | &nbsp;&nbsp;$149762 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.74%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.61% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60% |
| Portfolio Turnover of the Fund<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2%<sup>(3)</sup> | &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;4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4% | &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;&nbsp;&nbsp;6% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Fund's and Portfolios' adviser fees due to the Fund's and Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.07% of average daily net assets for the six months ended April 30, 2026, 0.05% of average daily net assets for the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(8)</sup> Percentage includes both the Fund's contributions to and withdrawals from the Portfolios and purchases and sales of securities held directly by the Fund, if any.

*9*

*See Notes to Financial Statements.*

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[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Tax-Managed Equity Asset Allocation 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 offers three classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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 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. Each class of shares differs in its distribution plan and certain other class-specific expenses. The Fund's investment objective is to achieve long-term, after-tax returns for its shareholders. The Fund currently pursues its objective by investing directly in securities, affiliated investment Funds and in interests in four tax-managed equity portfolios managed by Eaton Vance Management (EVM) or its affiliates (the Portfolios), which are Massachusetts business trusts. The value of the Fund's investments in the Portfolios reflects the Fund's proportionate interest in their net assets. The Portfolios and the Fund's proportionate interest in each of their net assets at April 30, 2026 were as follows: Tax-Managed Growth Portfolio (4.4%), Tax-Managed Value Portfolio (21.7%), Tax-Managed Multi-Cap Growth Portfolio (47.5%) and Tax-Managed Small-Cap Portfolio (39.6%). The performance of the Fund is directly affected by the performance of the Portfolios. A copy of each Portfolio's financial statements is available by calling Eaton Vance at 1-800-262-1122 or in the EDGAR database on the Securities and Exchange Commission's website at www.sec.gov.

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 valuation policies common to the Portfolios are as follows:

**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.**

**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. Exchange-traded funds are valued at the official closing price as reported by an independent pricing service on the primary market or exchange on which they are traded.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Portfolios' 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 Portfolios 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.**

In addition to investing in the Portfolios, the Fund may invest directly in securities. The valuation policies of the Fund are consistent with the valuation policies of the Portfolios. Additional valuation policies of the Fund are as follows:

**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**

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[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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.

**Preferred Equity Securities. Preferred equity securities that are not listed or traded in the over-the-counter market are valued by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

B Income—The Fund's net investment income or loss includes the Fund's pro rata share of the net investment income or loss of the Portfolios, less all actual and accrued expenses of the Fund. 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. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution. Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount.

C 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.

As of April 30, 2026, 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.

D 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.

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 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 Other—Investment transactions are accounted for on a trade date basis. Realized gains and losses on investments sold are determined on the basis of identified cost.

I Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

J Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 cost and unrealized appreciation (depreciation) of investments of the Fund, including the affiliated Portfolios, at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$242521460** |
| Gross unrealized appreciation | &nbsp;&nbsp;$650758953 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(405536) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$650353417** |

---

3 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by 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:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;0.700% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.600% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.575% |
| $1.5 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.550% |
| $2.5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.525% |

---

The investment adviser fee payable by the Fund is reduced by the Fund's allocable portion of the advisory fees paid by the Portfolios.

The Fund and the Portfolios 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 and in other affiliated funds. The investment adviser fee paid by the Fund and the Portfolios is reduced by an amount equal to their pro rata share of the advisory and administration fees paid by the Fund and the Portfolios due to their investments in the Liquidity Fund and in other affiliated funds. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $296,881 relating to the Fund's investment in the Liquidity Fund and in other affiliated funds. For the six months ended April 30, 2026, the Fund's allocated share of the reduction of the investment adviser fee paid by the Portfolios was $3,690 relating to the Portfolios' investments in the Liquidity Fund.

For the six months ended April 30, 2026, the Fund's investment adviser fee totaled $2,768,785, of which $2,004,583 was allocated from the Portfolios and $764,202 was paid or accrued directly by the Fund. For the six months ended April 30, 2026, the Fund's investment adviser fee, including the fees allocated from the Portfolios, was 0.66% (annualized) of the Fund's average daily net assets. The administration fee is earned by EVM as compensation 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 six months ended April 30, 2026, the administration fee amounted to $638,646.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $52,292 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 $12,898 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also received distribution and service fees from Class A and Class C shares (see Note 4) and contingent deferred sales charges (see Note 5).

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[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

Trustees and officers of the Fund and the Portfolios who are members of EVM's organization receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolios 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 six months ended April 30, 2026 amounted to $676,741 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $179,001 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 six months ended April 30, 2026 amounted to $59,667 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). 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 six months ended April 30, 2026, the Fund was informed that EVD received $1,198 and $1,505 of CDSCs paid by Class A and Class C shareholders, respectively.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investments in the Portfolios were as follows:

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| | | |
|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;**Contributions** | &nbsp;&nbsp;&nbsp;&nbsp;**Withdrawals** |
| Tax-Managed Growth Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$29006471 |

---

7 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and investments in the Portfolios, aggregated $13,070,853 and $3,857,142, respectively, for the six months ended April 30, 2026.

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[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

8 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, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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;321281 | &nbsp;&nbsp;&nbsp;&nbsp;$12568620 | &nbsp;&nbsp;&nbsp;&nbsp; 455640 | &nbsp;&nbsp;&nbsp;&nbsp;$16691661 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp;535884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20851249 | &nbsp;&nbsp;&nbsp;&nbsp; 106197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3826278 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(653457) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25545934) | &nbsp;&nbsp;&nbsp;&nbsp;(1369247) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50173054) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;**203708** | &nbsp;&nbsp;&nbsp;&nbsp;**$7873935** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(807410)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(29655115)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;131123 | &nbsp;&nbsp;&nbsp;&nbsp;$4689705 | &nbsp;&nbsp;&nbsp;&nbsp; 318705 | &nbsp;&nbsp;&nbsp;&nbsp;$10632229 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 55624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1962994 | &nbsp;&nbsp;&nbsp;&nbsp; 9423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 310106 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(139931) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4976554) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (245542) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8218892) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **46816** | &nbsp;&nbsp;&nbsp;&nbsp;**$1676145** | &nbsp;&nbsp;&nbsp;&nbsp; **82586** | &nbsp;&nbsp;&nbsp;&nbsp;**$2723443** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;304218 | &nbsp;&nbsp;&nbsp;&nbsp;$11918722 | &nbsp;&nbsp;&nbsp;&nbsp;1310928 | &nbsp;&nbsp;&nbsp;&nbsp;$47876393 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp;292099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11342193 | &nbsp;&nbsp;&nbsp;&nbsp; 60561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2177179 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(419623) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16417917) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (638696) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23242541) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**176694** | &nbsp;&nbsp;&nbsp;&nbsp;**$6842998** | &nbsp;&nbsp;&nbsp;&nbsp; **732793** | &nbsp;&nbsp;&nbsp;&nbsp;**$26811031** |

---

9 Affiliated Investments

At April 30, 2026, the value of the Fund's investment in affiliated funds, including funds that may be deemed to be affiliated was $82,375,993, which represents 9.2% of the Fund's net assets. Transactions in such investments by the Fund for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Affiliated Investment Funds** |  |  |  |  |  |  |  |  |
| Eaton Vance Global Equity Income Fund, Class l | $70983704 | $5838091 | $— | $— | $5050131 | $81871926 | $1547977 | 3978228 |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | &nbsp;&nbsp;&nbsp; 709420 | &nbsp;&nbsp;&nbsp;4541191 | &nbsp;&nbsp;&nbsp;(4746544) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 504067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9505 | &nbsp;&nbsp;&nbsp;&nbsp;504067 |
| **Total** |  |  |  | **$—** | **$5050131** | **$82375993** | **$1557482** |  |

---

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[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

Eaton Vance

Tax-Managed Equity Asset Allocation Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 April 30, 2026, the hierarchy of inputs used in valuing the Fund's investments in securities and investments in the Portfolios, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Affiliated Investment Funds | &nbsp;&nbsp;$81871926 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$81871926 |
| Investments in Affiliated Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;774663106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774663106 |
| Debt Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32702582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32702582 |
| Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp; 330225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 330225 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 2802971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2802971 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 504067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 504067 |
| **Total Investments** | &nbsp;&nbsp;**$860172295** | &nbsp;&nbsp;&nbsp;&nbsp;**$32702582** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$892874877** |

---

------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

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------

[**Table of Contents**](#JOB_EV_AR_ca70819b-2aa5-4f66-ae5c-5f3b6bfdfba9_TOC)

EAEAX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Global Income Builder Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img42ac2e211.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Global Income Builder Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_4e31d2e1-3e91-4be3-b789-f4badfcc2ee6_1)** |  |
| [Items 6 and 7 of Form N-CSR:](#xx_ca3e47ed-e44e-4eac-bdf1-e68fa7dab5d3_1) | [Items 6 and 7 of Form N-CSR:](#xx_ca3e47ed-e44e-4eac-bdf1-e68fa7dab5d3_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_ca3e47ed-e44e-4eac-bdf1-e68fa7dab5d3_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_7ecee31b-3a71-4410-be10-c921e0b2b00a_1) | 17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_7ecee31b-3a71-4410-be10-c921e0b2b00a_3) | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_7ecee31b-3a71-4410-be10-c921e0b2b00a_4) | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_75c651d6-aa82-457a-b34c-36b5159b5687_1) | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_de02b7bc-1909-4efd-b248-47ee709a25ae_1) | 25 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited)

------

Common Stocks — 63.4%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Aerospace & Defense — 1.5% | Aerospace & Defense — 1.5% | Aerospace & Defense — 1.5% |
| BAE Systems PLC | &nbsp;&nbsp;&nbsp;&nbsp;88937 | &nbsp;&nbsp;$2473653 |
| Leonardo SpA | &nbsp;&nbsp;&nbsp;&nbsp;12207 | &nbsp;&nbsp;&nbsp;&nbsp; 762275 |
| Safran SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3988 | &nbsp;&nbsp;&nbsp;&nbsp; 1280597 |
|  |  | &nbsp;&nbsp;**$4516525** |
| Automobile Components — 0.8% | Automobile Components — 0.8% | Automobile Components — 0.8% |
| Continental AG<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;30964 | &nbsp;&nbsp;$2342830 |
|  |  | &nbsp;&nbsp;**$2342830** |
| Automobiles — 2.4% | Automobiles — 2.4% | Automobiles — 2.4% |
| Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;&nbsp;15625 | &nbsp;&nbsp;$1429893 |
| Mercedes-Benz Group AG | &nbsp;&nbsp;&nbsp;&nbsp;32238 | &nbsp;&nbsp;&nbsp;&nbsp; 1879156 |
| Renault SA | &nbsp;&nbsp;&nbsp;&nbsp;94259 | &nbsp;&nbsp;&nbsp;&nbsp; 3311244 |
| Tesla, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1938 | &nbsp;&nbsp;&nbsp;&nbsp; 739599 |
|  |  | &nbsp;&nbsp;**$7359892** |
| Banks — 8.0% | Banks — 8.0% | Banks — 8.0% |
| Banco Bilbao Vizcaya Argentaria SA | &nbsp;&nbsp;&nbsp;&nbsp;29958 | &nbsp;&nbsp;$661544 |
| Banco BPM SpA | &nbsp;&nbsp;&nbsp;&nbsp;63028 | &nbsp;&nbsp;&nbsp;&nbsp; 918383 |
| Banco Santander SA | &nbsp;&nbsp;&nbsp;&nbsp;169755 | &nbsp;&nbsp;&nbsp;&nbsp; 2071404 |
| Barclays PLC | &nbsp;&nbsp;&nbsp;&nbsp;357169 | &nbsp;&nbsp;&nbsp;&nbsp; 2099407 |
| BNP Paribas SA | &nbsp;&nbsp;&nbsp;&nbsp;18216 | &nbsp;&nbsp;&nbsp;&nbsp; 1913071 |
| Citigroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11756 | &nbsp;&nbsp;&nbsp;&nbsp; 1504533 |
| Danske Bank AS | &nbsp;&nbsp;&nbsp;&nbsp;11219 | &nbsp;&nbsp;&nbsp;&nbsp; 576752 |
| DNB Bank ASA | &nbsp;&nbsp;&nbsp;&nbsp;103650 | &nbsp;&nbsp;&nbsp;&nbsp; 3138868 |
| Grupo Financiero Banorte SAB de CV, Class O | &nbsp;&nbsp;&nbsp;&nbsp;89821 | &nbsp;&nbsp;&nbsp;&nbsp; 978860 |
| HDFC Bank Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;42712 | &nbsp;&nbsp;&nbsp;&nbsp; 1085312 |
| KBC Group NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7668 | &nbsp;&nbsp;&nbsp;&nbsp; 1020595 |
| NatWest Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;129578 | &nbsp;&nbsp;&nbsp;&nbsp; 1033497 |
| Nordea Bank Abp | &nbsp;&nbsp;&nbsp;&nbsp;24515 | &nbsp;&nbsp;&nbsp;&nbsp; 461002 |
| Skandinaviska Enskilda Banken AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;22364 | &nbsp;&nbsp;&nbsp;&nbsp; 442632 |
| Societe Generale SA | &nbsp;&nbsp;&nbsp;&nbsp;45820 | &nbsp;&nbsp;&nbsp;&nbsp; 3688511 |
| Svenska Handelsbanken AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;54230 | &nbsp;&nbsp;&nbsp;&nbsp; 770605 |
| Swedbank AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;15058 | &nbsp;&nbsp;&nbsp;&nbsp; 532289 |
| Toronto-Dominion Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4661 | &nbsp;&nbsp;&nbsp;&nbsp; 502112 |
| Truist Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;17189 | &nbsp;&nbsp;&nbsp;&nbsp; 885233 |
|  |  | &nbsp;&nbsp;**$24284610** |
| Beverages — 0.0%<sup>†</sup> | Beverages — 0.0%<sup>†</sup> | Beverages — 0.0%<sup>†</sup> |
| Diageo PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443 | &nbsp;&nbsp;$8957 |
| Pernod Ricard SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157 | &nbsp;&nbsp;&nbsp;&nbsp; 11672 |
|  |  | &nbsp;&nbsp;**$20629** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Biotechnology — 0.0%<sup>†</sup> | Biotechnology — 0.0%<sup>†</sup> | Biotechnology — 0.0%<sup>†</sup> |
| CSL Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;$16247 |
|  |  | &nbsp;&nbsp;**$16247** |
| Broadline Retail — 1.1% | Broadline Retail — 1.1% | Broadline Retail — 1.1% |
| Amazon.com, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;12873 | &nbsp;&nbsp;$3412117 |
|  |  | &nbsp;&nbsp;**$3412117** |
| Building Products — 0.3% | Building Products — 0.3% | Building Products — 0.3% |
| Trane Technologies PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2025 | &nbsp;&nbsp;$997393 |
|  |  | &nbsp;&nbsp;**$997393** |
| Capital Markets — 0.7% | Capital Markets — 0.7% | Capital Markets — 0.7% |
| Charles Schwab Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9758 | &nbsp;&nbsp;$894223 |
| State Street Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7139 | &nbsp;&nbsp;&nbsp;&nbsp; 1091125 |
|  |  | &nbsp;&nbsp;**$1985348** |
| Chemicals — 0.0%<sup>†</sup> | Chemicals — 0.0%<sup>†</sup> | Chemicals — 0.0%<sup>†</sup> |
| Sika AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227 | &nbsp;&nbsp;$41874 |
|  |  | &nbsp;&nbsp;**$41874** |
| Construction & Engineering — 0.7% | Construction & Engineering — 0.7% | Construction & Engineering — 0.7% |
| Bouygues SA | &nbsp;&nbsp;&nbsp;&nbsp;28206 | &nbsp;&nbsp;$1668096 |
| Skanska AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;21107 | &nbsp;&nbsp;&nbsp;&nbsp; 570043 |
|  |  | &nbsp;&nbsp;**$2238139** |
| Consumer Finance — 0.3% | Consumer Finance — 0.3% | Consumer Finance — 0.3% |
| Capital One Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4576 | &nbsp;&nbsp;$875389 |
|  |  | &nbsp;&nbsp;**$875389** |
| Consumer Staples Distribution & Retail — 0.6% | Consumer Staples Distribution & Retail — 0.6% | Consumer Staples Distribution & Retail — 0.6% |
| U.S. Foods Holding Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;19093 | &nbsp;&nbsp;$1785005 |
|  |  | &nbsp;&nbsp;**$1785005** |
| Electric Utilities — 1.7% | Electric Utilities — 1.7% | Electric Utilities — 1.7% |
| Iberdrola SA | &nbsp;&nbsp;&nbsp;&nbsp;48073 | &nbsp;&nbsp;$1127034 |
| NextEra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;18508 | &nbsp;&nbsp;&nbsp;&nbsp; 1811563 |
| SSE PLC | &nbsp;&nbsp;&nbsp;&nbsp;58704 | &nbsp;&nbsp;&nbsp;&nbsp; 2101859 |
|  |  | &nbsp;&nbsp;**$5040456** |
| Electrical Equipment — 2.3% | Electrical Equipment — 2.3% | Electrical Equipment — 2.3% |
| AMETEK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8002 | &nbsp;&nbsp;$1884471 |
| Schneider Electric SE | &nbsp;&nbsp;&nbsp;&nbsp;10195 | &nbsp;&nbsp;&nbsp;&nbsp; 3244138 |
| Signify NV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;77049 | &nbsp;&nbsp;&nbsp;&nbsp; 1752401 |
|  |  | &nbsp;&nbsp;**$6881010** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Electronic Equipment, Instruments & Components — 1.1% | Electronic Equipment, Instruments & Components — 1.1% | Electronic Equipment, Instruments & Components — 1.1% |
| CDW Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4111 | &nbsp;&nbsp;$562837 |
| Halma PLC | &nbsp;&nbsp;&nbsp;&nbsp;24760 | &nbsp;&nbsp;&nbsp;&nbsp; 1489998 |
| Keyence Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3138 | &nbsp;&nbsp;&nbsp;&nbsp; 1439294 |
|  |  | &nbsp;&nbsp;**$3492129** |
| Energy Equipment & Services — 0.3% | Energy Equipment & Services — 0.3% | Energy Equipment & Services — 0.3% |
| Baker Hughes Co. | &nbsp;&nbsp;&nbsp;&nbsp;14889 | &nbsp;&nbsp;$1037317 |
|  |  | &nbsp;&nbsp;**$1037317** |
| Entertainment — 0.3% | Entertainment — 0.3% | Entertainment — 0.3% |
| Walt Disney Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7732 | &nbsp;&nbsp;$802195 |
|  |  | &nbsp;&nbsp;**$802195** |
| Financial Services — 0.5% | Financial Services — 0.5% | Financial Services — 0.5% |
| Global Payments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;$34541 |
| Visa, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4347 | &nbsp;&nbsp;&nbsp;&nbsp; 1433814 |
| Voya Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1856 | &nbsp;&nbsp;&nbsp;&nbsp; 152118 |
|  |  | &nbsp;&nbsp;**$1620473** |
| Food Products — 1.0% | Food Products — 1.0% | Food Products — 1.0% |
| Nestle SA | &nbsp;&nbsp;&nbsp;&nbsp;16313 | &nbsp;&nbsp;$1651523 |
| Orkla ASA | &nbsp;&nbsp;&nbsp;&nbsp;112458 | &nbsp;&nbsp;&nbsp;&nbsp; 1387058 |
|  |  | &nbsp;&nbsp;**$3038581** |
| Health Care Equipment & Supplies — 1.1% | Health Care Equipment & Supplies — 1.1% | Health Care Equipment & Supplies — 1.1% |
| Abbott Laboratories | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;$33592 |
| Boston Scientific Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;26387 | &nbsp;&nbsp;&nbsp;&nbsp; 1520155 |
| Coloplast AS, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156 | &nbsp;&nbsp;&nbsp;&nbsp; 9637 |
| Intuitive Surgical, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2973 | &nbsp;&nbsp;&nbsp;&nbsp; 1360475 |
| Medline, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925 | &nbsp;&nbsp;&nbsp;&nbsp; 41135 |
| Straumann Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2966 | &nbsp;&nbsp;&nbsp;&nbsp; 321896 |
|  |  | &nbsp;&nbsp;**$3286890** |
| Health Care REITs — 0.2% | Health Care REITs — 0.2% | Health Care REITs — 0.2% |
| Healthpeak Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31520 | &nbsp;&nbsp;$509678 |
|  |  | &nbsp;&nbsp;**$509678** |
| Hotels, Restaurants & Leisure — 1.7% | Hotels, Restaurants & Leisure — 1.7% | Hotels, Restaurants & Leisure — 1.7% |
| Amadeus IT Group SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4423 | &nbsp;&nbsp;$255217 |
| Aramark | &nbsp;&nbsp;&nbsp;&nbsp;24847 | &nbsp;&nbsp;&nbsp;&nbsp; 1135259 |
| Compass Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;49110 | &nbsp;&nbsp;&nbsp;&nbsp; 1387702 |
| InterContinental Hotels Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7557 | &nbsp;&nbsp;&nbsp;&nbsp; 1080508 |
| Marriott International, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3382 | &nbsp;&nbsp;&nbsp;&nbsp; 1223236 |
|  |  | &nbsp;&nbsp;**$5081922** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Household Products — 0.3% | Household Products — 0.3% | Household Products — 0.3% |
| Reckitt Benckiser Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;13351 | &nbsp;&nbsp;$849505 |
|  |  | &nbsp;&nbsp;**$849505** |
| Industrial Conglomerates — 0.5% | Industrial Conglomerates — 0.5% | Industrial Conglomerates — 0.5% |
| Siemens AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5552 | &nbsp;&nbsp;$1649838 |
|  |  | &nbsp;&nbsp;**$1649838** |
| Insurance — 4.5% | Insurance — 4.5% | Insurance — 4.5% |
| AIA Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;82462 | &nbsp;&nbsp;$905331 |
| Allianz SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1708 | &nbsp;&nbsp;&nbsp;&nbsp; 780099 |
| Allstate Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2834 | &nbsp;&nbsp;&nbsp;&nbsp; 615715 |
| American International Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10733 | &nbsp;&nbsp;&nbsp;&nbsp; 802828 |
| Assurant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2913 | &nbsp;&nbsp;&nbsp;&nbsp; 688255 |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4328 | &nbsp;&nbsp;&nbsp;&nbsp; 2588887 |
| Prudential PLC | &nbsp;&nbsp;&nbsp;&nbsp;66746 | &nbsp;&nbsp;&nbsp;&nbsp; 1005831 |
| RenaissanceRe Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3251 | &nbsp;&nbsp;&nbsp;&nbsp; 997960 |
| SCOR SE | &nbsp;&nbsp;&nbsp;&nbsp;35782 | &nbsp;&nbsp;&nbsp;&nbsp; 1335126 |
| Swiss Re AG | &nbsp;&nbsp;&nbsp;&nbsp;16203 | &nbsp;&nbsp;&nbsp;&nbsp; 2610120 |
| Zurich Insurance Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2129 | &nbsp;&nbsp;&nbsp;&nbsp; 1484381 |
|  |  | &nbsp;&nbsp;**$13814533** |
| Interactive Media & Services — 4.2% | Interactive Media & Services — 4.2% | Interactive Media & Services — 4.2% |
| Alphabet, Inc., Class C<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;33533 | &nbsp;&nbsp;$12807594 |
|  |  | &nbsp;&nbsp;**$12807594** |
| Life Sciences Tools & Services — 0.2% | Life Sciences Tools & Services — 0.2% | Life Sciences Tools & Services — 0.2% |
| Danaher Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2545 | &nbsp;&nbsp;$455428 |
|  |  | &nbsp;&nbsp;**$455428** |
| Machinery — 2.1% | Machinery — 2.1% | Machinery — 2.1% |
| IDEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8114 | &nbsp;&nbsp;$1767635 |
| Ingersoll Rand, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;20021 | &nbsp;&nbsp;&nbsp;&nbsp; 1598877 |
| Parker-Hannifin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1617 | &nbsp;&nbsp;&nbsp;&nbsp; 1470532 |
| Volvo AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;40054 | &nbsp;&nbsp;&nbsp;&nbsp; 1396152 |
|  |  | &nbsp;&nbsp;**$6233196** |
| Metals & Mining — 0.7% | Metals & Mining — 0.7% | Metals & Mining — 0.7% |
| Anglo American PLC | &nbsp;&nbsp;&nbsp;&nbsp;19387 | &nbsp;&nbsp;$959364 |
| Rio Tinto Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8349 | &nbsp;&nbsp;&nbsp;&nbsp; 1022665 |
|  |  | &nbsp;&nbsp;**$1982029** |
| Multi-Utilities — 0.1% | Multi-Utilities — 0.1% | Multi-Utilities — 0.1% |
| CMS Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5161 | &nbsp;&nbsp;$396055 |
|  |  | &nbsp;&nbsp;**$396055** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Oil, Gas & Consumable Fuels — 2.2% | Oil, Gas & Consumable Fuels — 2.2% | Oil, Gas & Consumable Fuels — 2.2% |
| ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3328 | &nbsp;&nbsp;$418596 |
| EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;26007 | &nbsp;&nbsp;&nbsp;&nbsp; 3655804 |
| EQT Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6898 | &nbsp;&nbsp;&nbsp;&nbsp; 414432 |
| Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;12517 | &nbsp;&nbsp;&nbsp;&nbsp; 1931748 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6939 | &nbsp;&nbsp;&nbsp;&nbsp; 420365 |
|  |  | &nbsp;&nbsp;**$6840945** |
| Personal Care Products — 0.3% | Personal Care Products — 0.3% | Personal Care Products — 0.3% |
| L'Oreal Prime De Fidelite<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1969 | &nbsp;&nbsp;$848027 |
| L'Oreal SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491 | &nbsp;&nbsp;&nbsp;&nbsp; 211468 |
|  |  | &nbsp;&nbsp;**$1059495** |
| Pharmaceuticals — 4.4% | Pharmaceuticals — 4.4% | Pharmaceuticals — 4.4% |
| AstraZeneca PLC | &nbsp;&nbsp;&nbsp;&nbsp;14443 | &nbsp;&nbsp;$2740158 |
| Eli Lilly & Co.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7594 | &nbsp;&nbsp;&nbsp;&nbsp; 7097352 |
| Keenova Therapeutics PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61 | &nbsp;&nbsp;&nbsp;&nbsp; 5477 |
| Novo Nordisk AS, Class B | &nbsp;&nbsp;&nbsp;&nbsp;24537 | &nbsp;&nbsp;&nbsp;&nbsp; 1043704 |
| Par Health, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61 | &nbsp;&nbsp;&nbsp;&nbsp; 246 |
| Sanofi SA | &nbsp;&nbsp;&nbsp;&nbsp;17248 | &nbsp;&nbsp;&nbsp;&nbsp; 1614007 |
| Zoetis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7126 | &nbsp;&nbsp;&nbsp;&nbsp; 819276 |
|  |  | &nbsp;&nbsp;**$13320220** |
| Professional Services — 0.7% | Professional Services — 0.7% | Professional Services — 0.7% |
| Intertek Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4733 | &nbsp;&nbsp;$304891 |
| Recruit Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;19628 | &nbsp;&nbsp;&nbsp;&nbsp; 909266 |
| RELX PLC | &nbsp;&nbsp;&nbsp;&nbsp;10140 | &nbsp;&nbsp;&nbsp;&nbsp; 369769 |
| Verisk Analytics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2529 | &nbsp;&nbsp;&nbsp;&nbsp; 466575 |
|  |  | &nbsp;&nbsp;**$2050501** |
| Residential REITs — 0.2% | Residential REITs — 0.2% | Residential REITs — 0.2% |
| Equity LifeStyle Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7650 | &nbsp;&nbsp;$484169 |
| Invitation Homes, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2290 | &nbsp;&nbsp;&nbsp;&nbsp; 65883 |
|  |  | &nbsp;&nbsp;**$550052** |
| Semiconductors & Semiconductor Equipment — 11.1% | Semiconductors & Semiconductor Equipment — 11.1% | Semiconductors & Semiconductor Equipment — 11.1% |
| ASML Holding NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4227 | &nbsp;&nbsp;$6110321 |
| Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6162 | &nbsp;&nbsp;&nbsp;&nbsp; 2572204 |
| Infineon Technologies AG | &nbsp;&nbsp;&nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;&nbsp; 1546871 |
| Microchip Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;19796 | &nbsp;&nbsp;&nbsp;&nbsp; 1839246 |
| Micron Technology, Inc.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;16377 | &nbsp;&nbsp;&nbsp;&nbsp; 8469529 |
| NVIDIA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;30205 | &nbsp;&nbsp;&nbsp;&nbsp; 6028012 |
| Taiwan Semiconductor Manufacturing Co. Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;12425 | &nbsp;&nbsp;&nbsp;&nbsp; 4921046 |
| Tokyo Electron Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7567 | &nbsp;&nbsp;&nbsp;&nbsp; 2229863 |
|  |  | &nbsp;&nbsp;**$33717092** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Software — 2.8% | Software — 2.8% | Software — 2.8% |
| Autodesk, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3437 | &nbsp;&nbsp;$814569 |
| Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781 | &nbsp;&nbsp;&nbsp;&nbsp; 691918 |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;17370 | &nbsp;&nbsp;&nbsp;&nbsp; 7083139 |
|  |  | &nbsp;&nbsp;**$8589626** |
| Specialty Retail — 0.4% | Specialty Retail — 0.4% | Specialty Retail — 0.4% |
| TJX Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7033 | &nbsp;&nbsp;$1102423 |
|  |  | &nbsp;&nbsp;**$1102423** |
| Technology Hardware, Storage & Peripherals — 1.4% | Technology Hardware, Storage & Peripherals — 1.4% | Technology Hardware, Storage & Peripherals — 1.4% |
| Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16115 | &nbsp;&nbsp;$4372805 |
|  |  | &nbsp;&nbsp;**$4372805** |
| Textiles, Apparel & Luxury Goods — 0.6% | Textiles, Apparel & Luxury Goods — 0.6% | Textiles, Apparel & Luxury Goods — 0.6% |
| Cie Financiere Richemont SA, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4187 | &nbsp;&nbsp;$803558 |
| LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2099 | &nbsp;&nbsp;&nbsp;&nbsp; 1121305 |
|  |  | &nbsp;&nbsp;**$1924863** |
| Trading Companies & Distributors — 0.1% | Trading Companies & Distributors — 0.1% | Trading Companies & Distributors — 0.1% |
| IMCD NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3077 | &nbsp;&nbsp;$361808 |
|  |  | &nbsp;&nbsp;**$361808** |
| Total Common Stocks<br> (identified cost $103,844,160) |  | &nbsp;&nbsp;**$192744657** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Bonds — 0.3%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Construction & Engineering — 0.1% | Construction & Engineering — 0.1% | Construction & Engineering — 0.1% | Construction & Engineering — 0.1% |
| Cellnex Telecom SA, 2.125%, 8/11/30<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$248546 |
|  |  |  | &nbsp;&nbsp;**$248546** |
| Internet — 0.1% | Internet — 0.1% | Internet — 0.1% | Internet — 0.1% |
| Delivery Hero SE, 3.25%, 2/21/30<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$450738 |
|  |  |  | &nbsp;&nbsp;**$450738** |
| Real Estate Investment Trusts (REITs) — 0.0%<sup>†</sup> | Real Estate Investment Trusts (REITs) — 0.0%<sup>†</sup> | Real Estate Investment Trusts (REITs) — 0.0%<sup>†</sup> | Real Estate Investment Trusts (REITs) — 0.0%<sup>†</sup> |
| Pebblebrook Hotel Trust, 1.75%, 12/15/26 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;$103450 |
|  |  |  | &nbsp;&nbsp;**$103450** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Technology Hardware, Storage & Peripherals — 0.1% | Technology Hardware, Storage & Peripherals — 0.1% | Technology Hardware, Storage & Peripherals — 0.1% |
| Zscaler, Inc., 0.00%, 7/15/28<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;$172805 |
|  |  | &nbsp;&nbsp;**$172805** |
| Total Convertible Bonds<br> (identified cost $966,136) |  | &nbsp;&nbsp;**$975539** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Preferred Stocks — 0.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Trading Companies & Distributors — 0.1% | Trading Companies & Distributors — 0.1% | Trading Companies & Distributors — 0.1% |
| QXO, Inc., 4.75%<sup>(1)(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33 | &nbsp;&nbsp;$316834 |
| Total Convertible Preferred Stocks<br> (identified cost $330,000) |  | &nbsp;&nbsp;**$316834** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Corporate Bonds — 30.5%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace & Defense — 0.5% | Aerospace & Defense — 0.5% | Aerospace & Defense — 0.5% | Aerospace & Defense — 0.5% |
| Bombardier, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 6/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;$94058 |
| &nbsp;&nbsp;&nbsp;7.25%, 7/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158 | &nbsp;&nbsp;&nbsp;&nbsp; 166443 |
| &nbsp;&nbsp;&nbsp;8.75%, 11/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 143500 |
| Czechoslovak Group AS, 5.25%, 1/10/31<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp; 351455 |
| Moog, Inc., 5.50%, 10/15/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp; 95322 |
| TransDigm, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 1/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 182698 |
| &nbsp;&nbsp;&nbsp;6.25%, 1/31/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp; 46046 |
| &nbsp;&nbsp;&nbsp;6.375%, 3/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 81696 |
| &nbsp;&nbsp;&nbsp;6.625%, 3/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 190355 |
| &nbsp;&nbsp;&nbsp;6.75%, 8/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137 | &nbsp;&nbsp;&nbsp;&nbsp; 139022 |
|  |  |  | &nbsp;&nbsp;**$1490595** |
| Auto Parts & Equipment — 0.6% | Auto Parts & Equipment — 0.6% | Auto Parts & Equipment — 0.6% | Auto Parts & Equipment — 0.6% |
| Clarios Global LP/Clarios U.S. Finance Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 6/15/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;$141372 |
| &nbsp;&nbsp;&nbsp;6.75%, 9/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 189351 |
| Cooper-Standard Automotive, Inc., 9.25%, 3/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 144232 |
| Ford Motor Credit Co. LLC, 5.303%, 9/6/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 229399 |
| IHO Verwaltungs GmbH: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, (5.625% cash or 6.375% PIK), 5/15/31<sup>(4)(7)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 119333 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Auto Parts & Equipment (continued) | Auto Parts & Equipment (continued) | Auto Parts & Equipment (continued) | Auto Parts & Equipment (continued) |
| IHO Verwaltungs GmbH: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, (6.375% cash or 7.125% PIK), 5/15/29<sup>(2)(7)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$201014 |
| &nbsp;&nbsp;&nbsp;8.75%, (8.75% cash or 9.50% PIK), 5/15/28<sup>(4)(7)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155 | &nbsp;&nbsp;&nbsp;&nbsp; 186237 |
| JB Poindexter & Co., Inc., 8.75%, 12/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 207499 |
| New Flyer Holdings, Inc., 9.25%, 7/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168 | &nbsp;&nbsp;&nbsp;&nbsp; 181388 |
| Nissan Motor Co. Ltd., 5.25%, 7/17/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 226246 |
| Realtruck Group, Inc., 6.25%, 7/31/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276 | &nbsp;&nbsp;&nbsp;&nbsp; 103612 |
|  |  |  | &nbsp;&nbsp;**$1929683** |
| Banks — 1.6% | Banks — 1.6% | Banks — 1.6% | Banks — 1.6% |
| Banco Bilbao Vizcaya Argentaria SA, 9.375% to 3/19/29<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$220306 |
| Banco Mercantil del Norte SA/Grand Cayman, 7.625% to 1/10/28<sup>(2)(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 204586 |
| Banco Santander SA, 9.625% to 5/21/33<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 238111 |
| Bank of America Corp., Series TT, 6.125% to 4/27/27<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43 | &nbsp;&nbsp;&nbsp;&nbsp; 43322 |
| Bank of Montreal, 7.70% to 5/26/29, 5/26/84<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 210691 |
| Bank of Nova Scotia, 8.00% to 1/27/29, 1/27/84<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 212212 |
| Barclays PLC, 8.00% to 3/15/29<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 210505 |
| BNP Paribas SA, 7.75% to 8/16/29<sup>(2)(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 210367 |
| Canadian Imperial Bank of Commerce, 7.00% to 10/28/30, 10/28/85<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 205343 |
| Citigroup, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.625% to 2/15/31<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147 | &nbsp;&nbsp;&nbsp;&nbsp; 148888 |
| &nbsp;&nbsp;&nbsp;6.95% to 2/15/30<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 142569 |
| Farm Credit Bank of Texas, 7.75% to 6/15/29<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 260810 |
| Huntington Bancshares, Inc., Series F, 5.625% to 7/15/30<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 126884 |
| ING Groep NV, 7.25% to 11/16/34<sup>(4)(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 210355 |
| JPMorgan Chase & Co., Series KK, 3.65% to 6/1/26<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251 | &nbsp;&nbsp;&nbsp;&nbsp; 250711 |
| NatWest Group PLC, 8.125% to 11/10/33<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 220908 |
| Nordea Bank Abp, 6.75% to 11/10/33<sup>(2)(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 204397 |
| PNC Financial Services Group, Inc., Series V, 6.20% to 9/15/27<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 100720 |
| Royal Bank of Canada, 7.50% to 5/2/29, 5/2/84<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 207924 |
| Societe Generale SA, 5.375% to 11/18/30<sup>(2)(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 192714 |
| State Street Corp., Series J, 6.70% to 9/15/29<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 82957 |
| Sumitomo Mitsui Financial Group, Inc., 6.60% to 6/5/34<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 202550 |
| Swedbank AB, 7.75% to 3/17/30<sup>(4)(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 212741 |
| Toronto-Dominion Bank, 8.125% to 10/31/27, 10/31/82<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 208163 |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Banks (continued) | Banks (continued) | Banks (continued) | Banks (continued) |
| Truist Financial Corp., Series Q, 5.10% to 3/1/30<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;$32229 |
| UBS Group AG, 4.375% to 2/10/31<sup>(2)(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 183920 |
|  |  |  | &nbsp;&nbsp;**$4744883** |
| Building Products — 1.0% | Building Products — 1.0% | Building Products — 1.0% | Building Products — 1.0% |
| AmeriTex HoldCo Intermediate LLC, 7.625%, 8/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp;$205023 |
| Builders FirstSource, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 2/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp; 231250 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 88139 |
| CP Atlas Buyer, Inc., 9.75%, 7/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 255886 |
| EMRLD Borrower LP/Emerald Co-Issuer, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 12/15/30<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 267125 |
| &nbsp;&nbsp;&nbsp;6.625%, 12/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp; 374136 |
| JH North America Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 1/31/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp; 91029 |
| &nbsp;&nbsp;&nbsp;6.125%, 7/31/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118 | &nbsp;&nbsp;&nbsp;&nbsp; 118341 |
| Masterbrand, Inc., 7.00%, 7/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373 | &nbsp;&nbsp;&nbsp;&nbsp; 371271 |
| Quikrete Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 3/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293 | &nbsp;&nbsp;&nbsp;&nbsp; 297808 |
| &nbsp;&nbsp;&nbsp;6.75%, 3/1/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277 | &nbsp;&nbsp;&nbsp;&nbsp; 281065 |
| Standard Industries, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 1/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 81750 |
| &nbsp;&nbsp;&nbsp;4.375%, 7/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 262721 |
| &nbsp;&nbsp;&nbsp;4.75%, 1/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp; 16915 |
|  |  |  | &nbsp;&nbsp;**$2942459** |
| Capital Markets — 0.1% | Capital Markets — 0.1% | Capital Markets — 0.1% | Capital Markets — 0.1% |
| Charles Schwab Corp., Series H, 4.00% to 12/1/30<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;$228505 |
|  |  |  | &nbsp;&nbsp;**$228505** |
| Casino & Gaming — 0.1% | Casino & Gaming — 0.1% | Casino & Gaming — 0.1% | Casino & Gaming — 0.1% |
| Speedway Motorsports LLC/Speedway Funding II, Inc., 4.875%, 11/1/27<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239 | &nbsp;&nbsp;$238459 |
|  |  |  | &nbsp;&nbsp;**$238459** |
| Chemicals — 0.9% | Chemicals — 0.9% | Chemicals — 0.9% | Chemicals — 0.9% |
| Avient Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 11/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;$101514 |
| &nbsp;&nbsp;&nbsp;7.125%, 8/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284 | &nbsp;&nbsp;&nbsp;&nbsp; 289450 |
| Celanese U.S. Holdings LLC, 7.20%, 11/15/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567 | &nbsp;&nbsp;&nbsp;&nbsp; 613371 |
| Cerdia Finanz GmbH, 9.375%, 10/3/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 216563 |
| FIS Fabbrica Italiana Sintetici SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 2/5/31<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 116502 |
| &nbsp;&nbsp;&nbsp;5.399%, (3 mo. EURIBOR + 3.25%), 2/5/31<sup>(2)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 117604 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Chemicals (continued) | Chemicals (continued) | Chemicals (continued) | Chemicals (continued) |
| INEOS Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 4/15/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;$115609 |
| &nbsp;&nbsp;&nbsp;7.25%, 3/31/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 228254 |
| Italmatch Chemicals SpA, 6.25%, 2/5/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 117020 |
| Olympus Water U.S. Holding Corp., 6.125%, 2/15/33<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 494131 |
| Valvoline, Inc., 3.625%, 6/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 237012 |
|  |  |  | &nbsp;&nbsp;**$2647030** |
| Commercial Services & Supplies — 2.0% | Commercial Services & Supplies — 2.0% | Commercial Services & Supplies — 2.0% | Commercial Services & Supplies — 2.0% |
| Aegis Lux 1a SARL, 5.625% PIK, 10/29/31<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$236012 |
| Allied Universal Holdco LLC, 7.875%, 2/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 83971 |
| Allied Universal Holdco LLC/Allied Universal Finance Corp., 6.875%, 6/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 92661 |
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 6/1/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 197168 |
| &nbsp;&nbsp;&nbsp;4.625%, 6/1/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 197281 |
| &nbsp;&nbsp;&nbsp;4.875%, 6/1/28<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;&nbsp; 279533 |
| APi Group DE, Inc., 4.75%, 10/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp; 54152 |
| Biffa Group Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 6/15/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp; 354469 |
| &nbsp;&nbsp;&nbsp;7.375%, 6/15/31<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 245702 |
| Block, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 8/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 150236 |
| &nbsp;&nbsp;&nbsp;6.00%, 8/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp; 109876 |
| Champions Financing, Inc., 8.75%, 2/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp; 72057 |
| Currenta Group Holdings SARL, 5.984%, (3 mo. EURIBOR + 4.00%), 5/15/32<sup>(2)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 414370 |
| GFL Environmental, Inc., 4.75%, 6/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343 | &nbsp;&nbsp;&nbsp;&nbsp; 339186 |
| HealthEquity, Inc., 4.50%, 10/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212 | &nbsp;&nbsp;&nbsp;&nbsp; 206036 |
| Herc Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 3/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp; 40120 |
| &nbsp;&nbsp;&nbsp;6.00%, 3/15/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp; 44667 |
| &nbsp;&nbsp;&nbsp;7.00%, 6/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp; 150942 |
| &nbsp;&nbsp;&nbsp;7.25%, 6/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 130979 |
| Korn Ferry, 4.625%, 12/15/27<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 238643 |
| Luna 2 5SARL, 5.50%, 7/1/32<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 265461 |
| Mavis Tire Express Services Topco Corp., 6.50%, 5/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439 | &nbsp;&nbsp;&nbsp;&nbsp; 437934 |
| Multiversity SpA, 7.125%, 5/17/31<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 152679 |
| Neptune Bidco U.S., Inc., 9.29%, 4/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp; 65792 |
| NESCO Holdings II, Inc., 5.50%, 4/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401 | &nbsp;&nbsp;&nbsp;&nbsp; 399317 |
| Reworld Holding Corp., 4.875%, 12/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302 | &nbsp;&nbsp;&nbsp;&nbsp; 290201 |
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., 5.50%, 5/15/33<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 293463 |

---

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) |
| Synergy Infrastructure Holdings LLC, 7.875%, 12/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160 | &nbsp;&nbsp;$168385 |
| Wand NewCo 3, Inc., 7.625%, 1/30/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410 | &nbsp;&nbsp;&nbsp;&nbsp; 427059 |
| Wrangler Holdco Corp., 6.625%, 4/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 92917 |
|  |  |  | &nbsp;&nbsp;**$6231269** |
| Construction & Engineering — 0.3% | Construction & Engineering — 0.3% | Construction & Engineering — 0.3% | Construction & Engineering — 0.3% |
| Arcosa, Inc., 6.875%, 8/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181 | &nbsp;&nbsp;$188137 |
| Egis SA, 5.125%, 5/15/31<sup>(4)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 117791 |
| Infrastrutture Wireless Italiane SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 4/19/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 104970 |
| &nbsp;&nbsp;&nbsp;3.625%, 10/13/32<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 110789 |
| OHL Operaciones SA, 9.75%, (5.10% cash and 4.65% PIK), 12/31/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 135066 |
| TopBuild Corp., 4.125%, 2/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201 | &nbsp;&nbsp;&nbsp;&nbsp; 201136 |
|  |  |  | &nbsp;&nbsp;**$857889** |
| Construction Materials — 0.2% | Construction Materials — 0.2% | Construction Materials — 0.2% | Construction Materials — 0.2% |
| Smyrna Ready Mix Concrete LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 11/1/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454 | &nbsp;&nbsp;$453949 |
| &nbsp;&nbsp;&nbsp;8.875%, 11/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 94288 |
|  |  |  | &nbsp;&nbsp;**$548237** |
| Containers & Packaging — 0.1% | Containers & Packaging — 0.1% | Containers & Packaging — 0.1% | Containers & Packaging — 0.1% |
| Fiber Midco SpA, 10.75% PIK, 6/15/29<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;$260281 |
|  |  |  | &nbsp;&nbsp;**$260281** |
| Cosmetics/Personal Care — 0.1% | Cosmetics/Personal Care — 0.1% | Cosmetics/Personal Care — 0.1% | Cosmetics/Personal Care — 0.1% |
| Opal Bidco SAS, 5.50%, 3/31/32<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;$262022 |
|  |  |  | &nbsp;&nbsp;**$262022** |
| Distributors — 0.3% | Distributors — 0.3% | Distributors — 0.3% | Distributors — 0.3% |
| Performance Food Group, Inc., 6.125%, 9/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;$126865 |
| RB Global Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 3/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147 | &nbsp;&nbsp;&nbsp;&nbsp; 149177 |
| &nbsp;&nbsp;&nbsp;7.75%, 3/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp; 58214 |
| Windsor Holdings III LLC, 8.50%, 6/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292 | &nbsp;&nbsp;&nbsp;&nbsp; 305179 |
| Wolseley Group Finco PLC, 9.75%, 1/31/31<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 126056 |
|  |  |  | &nbsp;&nbsp;**$765491** |
| Diversified Financial Services — 1.0% | Diversified Financial Services — 1.0% | Diversified Financial Services — 1.0% | Diversified Financial Services — 1.0% |
| Alpha Holding SA de CV, 9.00%, 2/10/25<sup>(2)(12)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189 | &nbsp;&nbsp;$1414 |
| American AgCredit Corp., Series A, 5.25% to 6/15/26<sup>(2)(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 247772 |
| Azorra Finance Ltd., 7.25%, 1/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173 | &nbsp;&nbsp;&nbsp;&nbsp; 177333 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Diversified Financial Services (continued) | Diversified Financial Services (continued) | Diversified Financial Services (continued) | Diversified Financial Services (continued) |
| Brookfield Finance, Inc., 6.30% to 10/15/34, 1/15/55<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97 | &nbsp;&nbsp;$93904 |
| CI Financial Corp., 4.10%, 6/15/51 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 120406 |
| Focus Financial Partners LLC, 6.75%, 9/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283 | &nbsp;&nbsp;&nbsp;&nbsp; 288092 |
| Goldman Sachs Group, Inc., Series W, 7.50% to 2/10/29<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 131488 |
| HA Sustainable Infrastructure Capital, Inc., 8.00% to 3/1/31, 6/1/56<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp; 53092 |
| Hightower Holding LLC, 9.125%, 1/31/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319 | &nbsp;&nbsp;&nbsp;&nbsp; 332734 |
| Phoenix Aviation Capital Ltd., 9.25%, 7/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;&nbsp; 214494 |
| Rocket Cos., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 8/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155 | &nbsp;&nbsp;&nbsp;&nbsp; 157379 |
| &nbsp;&nbsp;&nbsp;6.375%, 8/1/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 238160 |
| Sherwood Financing PLC, 7.625%, 12/15/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 233296 |
| Stonebriar ABF Issuer LLC, 8.125%, 12/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 241716 |
| United Wholesale Mortgage LLC, 5.50%, 4/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 57292 |
| UWM Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 3/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231 | &nbsp;&nbsp;&nbsp;&nbsp; 214380 |
| &nbsp;&nbsp;&nbsp;6.625%, 2/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66 | &nbsp;&nbsp;&nbsp;&nbsp; 63394 |
| VistaJet Malta Finance PLC/Vista Management Holding, Inc., 9.50%, 6/1/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77 | &nbsp;&nbsp;&nbsp;&nbsp; 77906 |
|  |  |  | &nbsp;&nbsp;**$2944252** |
| Electric Utilities — 1.7% | Electric Utilities — 1.7% | Electric Utilities — 1.7% | Electric Utilities — 1.7% |
| Alpha Generation LLC, 6.75%, 10/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476 | &nbsp;&nbsp;$487791 |
| American Electric Power Co., Inc., 5.80% to 12/15/30, 3/15/56<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp; 74629 |
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 2/15/32<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp; 358200 |
| &nbsp;&nbsp;&nbsp;6.375%, 2/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 149169 |
| Clearway Energy Operating LLC, 3.75%, 2/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124 | &nbsp;&nbsp;&nbsp;&nbsp; 116100 |
| Dominion Energy, Inc., 6.00% to 11/15/30, 2/15/56<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp; 25030 |
| Duke Energy Corp., 6.45% to 6/1/34, 9/1/54<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81 | &nbsp;&nbsp;&nbsp;&nbsp; 84666 |
| Emera, Inc., Series 16-A, 6.75% to 6/15/26, 6/15/76<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83 | &nbsp;&nbsp;&nbsp;&nbsp; 83090 |
| Ingram Micro, Inc., 4.75%, 5/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378 | &nbsp;&nbsp;&nbsp;&nbsp; 371745 |
| NextEra Energy Capital Holdings, Inc., 6.375% to 5/15/30, 8/15/55<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 91906 |
| NRG Energy, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 2/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177 | &nbsp;&nbsp;&nbsp;&nbsp; 164502 |
| &nbsp;&nbsp;&nbsp;3.875%, 2/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp; 87951 |
| &nbsp;&nbsp;&nbsp;5.75%, 1/15/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160 | &nbsp;&nbsp;&nbsp;&nbsp; 158911 |
| &nbsp;&nbsp;&nbsp;6.00%, 2/1/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155 | &nbsp;&nbsp;&nbsp;&nbsp; 156285 |
| &nbsp;&nbsp;&nbsp;6.00%, 1/15/36<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp; 362681 |
| &nbsp;&nbsp;&nbsp;6.125%, 5/15/36<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp; 109632 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/1/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 101228 |

---

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Electric Utilities (continued) | Electric Utilities (continued) | Electric Utilities (continued) | Electric Utilities (continued) |
| Pattern Energy Operations LP/Pattern Energy Operations, Inc., 4.50%, 8/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152 | &nbsp;&nbsp;$149416 |
| Sempra, 4.125% to 1/1/27, 4/1/52<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167 | &nbsp;&nbsp;&nbsp;&nbsp; 164682 |
| TerraForm Power Operating LLC, 5.00%, 1/31/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237 | &nbsp;&nbsp;&nbsp;&nbsp; 234803 |
| TransAlta Corp., 5.875%, 2/1/34 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 150013 |
| Vistra Operations Co. LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 5/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173 | &nbsp;&nbsp;&nbsp;&nbsp; 170060 |
| &nbsp;&nbsp;&nbsp;6.875%, 4/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp; 182766 |
| VoltaGrid LLC, 7.375%, 11/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361 | &nbsp;&nbsp;&nbsp;&nbsp; 374858 |
| Xcel Energy, Inc., 5.75% to 9/3/31, 12/3/56<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp; 39576 |
| XPLR Infrastructure Operating Partners LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 9/15/27<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 89385 |
| &nbsp;&nbsp;&nbsp;7.25%, 1/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp; 150862 |
| &nbsp;&nbsp;&nbsp;7.75%, 4/15/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 141571 |
| &nbsp;&nbsp;&nbsp;8.375%, 1/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 149664 |
| &nbsp;&nbsp;&nbsp;8.625%, 3/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141 | &nbsp;&nbsp;&nbsp;&nbsp; 151162 |
|  |  |  | &nbsp;&nbsp;**$5132334** |
| Electrical Equipment — 0.1% | Electrical Equipment — 0.1% | Electrical Equipment — 0.1% | Electrical Equipment — 0.1% |
| Sensata Technologies, Inc., 4.375%, 2/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;$145535 |
| WESCO Distribution, Inc., 6.375%, 3/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 139542 |
|  |  |  | &nbsp;&nbsp;**$285077** |
| Electronic Equipment, Instruments & Components — 0.1% | Electronic Equipment, Instruments & Components — 0.1% | Electronic Equipment, Instruments & Components — 0.1% | Electronic Equipment, Instruments & Components — 0.1% |
| WESCO Distribution, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 4/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;$45085 |
| &nbsp;&nbsp;&nbsp;6.375%, 3/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp; 104135 |
| &nbsp;&nbsp;&nbsp;6.625%, 3/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp; 105765 |
| &nbsp;&nbsp;&nbsp;7.25%, 6/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153 | &nbsp;&nbsp;&nbsp;&nbsp; 153467 |
|  |  |  | &nbsp;&nbsp;**$408452** |
| Entertainment — 1.6% | Entertainment — 1.6% | Entertainment — 1.6% | Entertainment — 1.6% |
| Allwyn Entertainment Financing U.K. PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 2/15/31<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615 | &nbsp;&nbsp;$702684 |
| &nbsp;&nbsp;&nbsp;7.25%, 4/30/30<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;&nbsp;&nbsp; 439794 |
| Betclic Everest Group SAS, 5.125%, 12/10/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 388371 |
| Brightstar Lottery PLC/Brightstar Global Solutions Corp., 5.75%, 1/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 196229 |
| Caesars Entertainment, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 2/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126 | &nbsp;&nbsp;&nbsp;&nbsp; 122545 |
| &nbsp;&nbsp;&nbsp;7.00%, 2/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp; 45712 |
| Churchill Downs, Inc., 5.75%, 4/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98 | &nbsp;&nbsp;&nbsp;&nbsp; 97737 |
| Cinemark USA, Inc., 5.25%, 7/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206 | &nbsp;&nbsp;&nbsp;&nbsp; 205338 |
| CPUK Finance Ltd., 7.875%, 8/28/29<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp; 510595 |
| Discovery Global Holdings, Inc., 5.05%, 3/15/42 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117 | &nbsp;&nbsp;&nbsp;&nbsp; 83776 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Entertainment (continued) | Entertainment (continued) | Entertainment (continued) | Entertainment (continued) |
| Flutter Treasury DAC: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/29/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;$298920 |
| &nbsp;&nbsp;&nbsp;5.875%, 6/4/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 199408 |
| Intralot Capital Luxembourg SA, 6.75%, 10/15/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183 | &nbsp;&nbsp;&nbsp;&nbsp; 209639 |
| LHMC Finco 2 SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.375%, (8.625% cash or 9.375% PIK), 5/15/30<sup>(2)(7)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262 | &nbsp;&nbsp;&nbsp;&nbsp; 323712 |
| &nbsp;&nbsp;&nbsp;9.375%, (8.625% cash or 9.375% PIK), 5/15/30<sup>(4)(7)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241 | &nbsp;&nbsp;&nbsp;&nbsp; 297816 |
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC, 8.25%, 4/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp; 302018 |
| Rivers Enterprise Borrower LLC, 6.25%, 10/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31 | &nbsp;&nbsp;&nbsp;&nbsp; 31550 |
| Voyager Parent LLC, 9.25%, 7/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473 | &nbsp;&nbsp;&nbsp;&nbsp; 503271 |
|  |  |  | &nbsp;&nbsp;**$4959115** |
| Financial Services — 0.4% | Financial Services — 0.4% | Financial Services — 0.4% | Financial Services — 0.4% |
| Ally Financial, Inc., Series B, 4.70% to 5/15/26<sup>(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392 | &nbsp;&nbsp;$391220 |
| Compass Group Diversified Holdings LLC, 5.25%, 4/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247 | &nbsp;&nbsp;&nbsp;&nbsp; 234260 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 3/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259 | &nbsp;&nbsp;&nbsp;&nbsp; 248729 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp; 27053 |
| VistaJet Malta Finance PLC/Vista Management Holding, Inc., 6.375%, 2/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242 | &nbsp;&nbsp;&nbsp;&nbsp; 226848 |
|  |  |  | &nbsp;&nbsp;**$1128110** |
| Food Products — 0.7% | Food Products — 0.7% | Food Products — 0.7% | Food Products — 0.7% |
| Chobani LLC/Chobani Finance Corp., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;$178395 |
| &nbsp;&nbsp;&nbsp;6.375%, 4/15/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 219504 |
| &nbsp;&nbsp;&nbsp;7.625%, 7/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307 | &nbsp;&nbsp;&nbsp;&nbsp; 317295 |
| Froneri Lux FinCo SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 8/1/32<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 262265 |
| &nbsp;&nbsp;&nbsp;6.00%, 8/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 197924 |
| Ingles Markets, Inc., 4.00%, 6/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp; 235507 |
| La Doria SpA, 5.525%, (3 mo. EURIBOR + 3.375%), 12/30/30<sup>(4)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 307998 |
| Land O' Lakes, Inc., 8.00%<sup>(2)(8)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 234293 |
| Viking Baked Goods Acquisition Corp., 8.625%, 11/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 153527 |
|  |  |  | &nbsp;&nbsp;**$2106708** |
| Food Service — 0.1% | Food Service — 0.1% | Food Service — 0.1% | Food Service — 0.1% |
| TKC Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 8/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;$194608 |

---

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Food Service (continued) | Food Service (continued) | Food Service (continued) | Food Service (continued) |
| TKC Holdings, Inc.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;12.00%, 2/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;$46927 |
|  |  |  | &nbsp;&nbsp;**$241535** |
| Health Care Equipment & Supplies — 0.7% | Health Care Equipment & Supplies — 0.7% | Health Care Equipment & Supplies — 0.7% | Health Care Equipment & Supplies — 0.7% |
| Bausch & Lomb Netherlands BV & Bausch & Lomb, Inc., 6.079%, (3 mo. EURIBOR + 3.875%), 1/15/31<sup>(4)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320 | &nbsp;&nbsp;$379633 |
| Compass Minerals International, Inc., 8.00%, 7/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201 | &nbsp;&nbsp;&nbsp;&nbsp; 209947 |
| LifePoint Health, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 1/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 207492 |
| &nbsp;&nbsp;&nbsp;10.00%, 6/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57 | &nbsp;&nbsp;&nbsp;&nbsp; 58411 |
| Medline Borrower LP, 5.25%, 10/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603 | &nbsp;&nbsp;&nbsp;&nbsp; 600438 |
| Molina Healthcare, Inc., 3.875%, 11/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261 | &nbsp;&nbsp;&nbsp;&nbsp; 242024 |
| Tenet Healthcare Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 1/15/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp; 16480 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp; 109776 |
| &nbsp;&nbsp;&nbsp;6.00%, 11/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp; 55617 |
| U.S. Acute Care Solutions LLC, 9.75%, 5/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283 | &nbsp;&nbsp;&nbsp;&nbsp; 267799 |
|  |  |  | &nbsp;&nbsp;**$2147617** |
| Health Care Providers & Services — 0.2% | Health Care Providers & Services — 0.2% | Health Care Providers & Services — 0.2% | Health Care Providers & Services — 0.2% |
| Acadia Healthcare Co., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;$96938 |
| &nbsp;&nbsp;&nbsp;7.375%, 3/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp; 101390 |
| AMN Healthcare, Inc., 4.00%, 4/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291 | &nbsp;&nbsp;&nbsp;&nbsp; 278348 |
| Surgery Center Holdings, Inc., 7.25%, 4/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241 | &nbsp;&nbsp;&nbsp;&nbsp; 240658 |
|  |  |  | &nbsp;&nbsp;**$717334** |
| Healthcare-Services — 0.5% | Healthcare-Services — 0.5% | Healthcare-Services — 0.5% | Healthcare-Services — 0.5% |
| Fortrea Holdings, Inc., 7.50%, 7/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;$219215 |
| Global Medical Response, Inc., 7.375%, 10/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp;&nbsp;&nbsp; 205473 |
| Heartland Dental LLC/Heartland Dental Finance Corp., 10.50%, 4/30/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp; 93668 |
| IQVIA, Inc., 6.25%, 6/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253 | &nbsp;&nbsp;&nbsp;&nbsp; 257970 |
| National Mentor Holdings, Inc., 10.50%, 12/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 198876 |
| Team Health Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.375%, 6/30/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141 | &nbsp;&nbsp;&nbsp;&nbsp; 141585 |
| &nbsp;&nbsp;&nbsp;13.50%, (9.00% cash and 4.50% PIK), 6/30/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp; 362482 |
| TEAM Services Holding, Inc., 9.00%, 2/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp;&nbsp;&nbsp; 115122 |
|  |  |  | &nbsp;&nbsp;**$1594391** |
| Home Builders — 0.2% | Home Builders — 0.2% | Home Builders — 0.2% | Home Builders — 0.2% |
| K Hovnanian Enterprises, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 4/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;$80741 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Home Builders (continued) | Home Builders (continued) | Home Builders (continued) | Home Builders (continued) |
| K Hovnanian Enterprises, Inc.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;8.375%, 10/1/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;$110615 |
| Risewell Homes, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 11/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182 | &nbsp;&nbsp;&nbsp;&nbsp; 186181 |
| &nbsp;&nbsp;&nbsp;9.25%, 10/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223 | &nbsp;&nbsp;&nbsp;&nbsp; 231664 |
|  |  |  | &nbsp;&nbsp;**$609201** |
| Hotels, Restaurants & Leisure — 0.6% | Hotels, Restaurants & Leisure — 0.6% | Hotels, Restaurants & Leisure — 0.6% | Hotels, Restaurants & Leisure — 0.6% |
| 1011778 BC ULC/New Red Finance, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 1/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307 | &nbsp;&nbsp;$301457 |
| &nbsp;&nbsp;&nbsp;4.375%, 1/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182 | &nbsp;&nbsp;&nbsp;&nbsp; 179816 |
| Essendi SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 11/15/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 117518 |
| &nbsp;&nbsp;&nbsp;5.625%, 5/15/32<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 140600 |
| &nbsp;&nbsp;&nbsp;6.375%, 10/15/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 392516 |
| Eutelsat SA, 1.50%, 10/13/28<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 224161 |
| Genting New York LLC/GENNY Capital, Inc., 7.25%, 10/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 264173 |
| Lithia Motors, Inc., 4.625%, 12/15/27<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp; 90691 |
|  |  |  | &nbsp;&nbsp;**$1710932** |
| Household Products — 0.1% | Household Products — 0.1% | Household Products — 0.1% | Household Products — 0.1% |
| Somnigroup International, Inc., 3.875%, 10/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423 | &nbsp;&nbsp;$391479 |
|  |  |  | &nbsp;&nbsp;**$391479** |
| Independent Power and Renewable Electricity Producers — 0.1% | Independent Power and Renewable Electricity Producers — 0.1% | Independent Power and Renewable Electricity Producers — 0.1% | Independent Power and Renewable Electricity Producers — 0.1% |
| Algonquin Power & Utilities Corp., 4.75% to 1/18/27, 1/18/82<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113 | &nbsp;&nbsp;$111655 |
| NRG Energy, Inc., 10.25% to 3/15/28<sup>(2)(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 233660 |
|  |  |  | &nbsp;&nbsp;**$345315** |
| Industrial Conglomerates — 0.0%<sup>†</sup> | Industrial Conglomerates — 0.0%<sup>†</sup> | Industrial Conglomerates — 0.0%<sup>†</sup> | Industrial Conglomerates — 0.0%<sup>†</sup> |
| Artera Services LLC, 8.50%, 2/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;$120658 |
|  |  |  | &nbsp;&nbsp;**$120658** |
| Insurance — 1.0% | Insurance — 1.0% | Insurance — 1.0% | Insurance — 1.0% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 10/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47 | &nbsp;&nbsp;$47461 |
| &nbsp;&nbsp;&nbsp;6.75%, 10/15/27<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188 | &nbsp;&nbsp;&nbsp;&nbsp; 187979 |
| &nbsp;&nbsp;&nbsp;7.00%, 1/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223 | &nbsp;&nbsp;&nbsp;&nbsp; 227747 |
| &nbsp;&nbsp;&nbsp;7.375%, 10/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp; 34434 |
| American National Group, Inc., 7.00% to 12/1/30, 12/1/55<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46 | &nbsp;&nbsp;&nbsp;&nbsp; 44998 |

---

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insurance (continued) | Insurance (continued) | Insurance (continued) | Insurance (continued) |
| Amynta Agency Borrower, Inc. & Amynta Warranty Borrower, Inc., 7.50%, 7/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204 | &nbsp;&nbsp;$199127 |
| APH Somerset Investor 2 LLC/APH2 Somerset Investor 2 LLC/APH3 Somerset Investor 2 LLC, 7.875%, 11/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 290667 |
| Asurion LLC/Asurion Co-Issuer, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 12/31/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 355368 |
| &nbsp;&nbsp;&nbsp;8.375%, 2/1/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 118490 |
| Athene Holding Ltd., 6.625% to 7/15/34, 10/15/54<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp; 76765 |
| Equitable Holdings, Inc., 6.70% to 12/28/34, 3/28/55<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 138521 |
| Galaxy Bidco Ltd., 8.125%, 12/19/29<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp; 288309 |
| Global Atlantic Fin Co., 7.95% to 7/15/29, 10/15/54<sup>(2)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169 | &nbsp;&nbsp;&nbsp;&nbsp; 169892 |
| Liberty Mutual Group, Inc., 4.125% to 9/15/26, 12/15/51<sup>(2)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293 | &nbsp;&nbsp;&nbsp;&nbsp; 289836 |
| Panther Escrow Issuer LLC, 7.125%, 6/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229 | &nbsp;&nbsp;&nbsp;&nbsp; 230202 |
| Ryan Specialty LLC, 5.875%, 8/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247 | &nbsp;&nbsp;&nbsp;&nbsp; 247096 |
|  |  |  | &nbsp;&nbsp;**$2946892** |
| Internet — 0.3% | Internet — 0.3% | Internet — 0.3% | Internet — 0.3% |
| Arches Buyer, Inc., 6.125%, 12/1/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282 | &nbsp;&nbsp;$274402 |
| Cars.com, Inc., 6.375%, 11/1/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 181989 |
| Match Group Holdings II LLC, 3.625%, 10/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221 | &nbsp;&nbsp;&nbsp;&nbsp; 198221 |
| United Group BV, 6.50%, 10/31/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 179635 |
|  |  |  | &nbsp;&nbsp;**$834247** |
| Iron & Steel — 0.1% | Iron & Steel — 0.1% | Iron & Steel — 0.1% | Iron & Steel — 0.1% |
| Cleveland-Cliffs, Inc., 7.50%, 9/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;$153278 |
|  |  |  | &nbsp;&nbsp;**$153278** |
| Leisure Products — 0.2% | Leisure Products — 0.2% | Leisure Products — 0.2% | Leisure Products — 0.2% |
| Acushnet Co., 5.625%, 12/1/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;$100715 |
| Carnival Corp., 5.75%, 8/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 150942 |
| NCL Corp. Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 2/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 189228 |
| &nbsp;&nbsp;&nbsp;7.75%, 2/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp; 58485 |
| TUI AG, 5.875%, 3/15/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 236780 |
|  |  |  | &nbsp;&nbsp;**$736150** |
| Machinery — 0.4% | Machinery — 0.4% | Machinery — 0.4% | Machinery — 0.4% |
| Chart Industries, Inc., 9.50%, 1/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;$189327 |
| Dynamo Newco II GmbH, 6.25%, 10/15/31<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 365539 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Machinery (continued) | Machinery (continued) | Machinery (continued) | Machinery (continued) |
| IMA Industria Macchine Automatiche SpA, 5.954%, (3 mo. EURIBOR + 3.75%), 4/15/29<sup>(4)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;$343647 |
| King U.S. Bidco, Inc., 5.454%, 12/1/32<sup>(2)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;&nbsp; 468110 |
|  |  |  | &nbsp;&nbsp;**$1366623** |
| Media — 1.7% | Media — 1.7% | Media — 1.7% | Media — 1.7% |
| Altice Financing SA, 5.00%, 1/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;$208800 |
| CCO Holdings LLC/CCO Holdings Capital Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 2/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320 | &nbsp;&nbsp;&nbsp;&nbsp; 290860 |
| &nbsp;&nbsp;&nbsp;4.25%, 1/15/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;&nbsp;&nbsp; 93221 |
| &nbsp;&nbsp;&nbsp;4.75%, 3/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322 | &nbsp;&nbsp;&nbsp;&nbsp; 305399 |
| Charter Communications Operating LLC/Charter Communications Operating Capital: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 4/1/51 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 122795 |
| &nbsp;&nbsp;&nbsp;3.90%, 6/1/52 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 75487 |
| Clear Channel Outdoor Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, 2/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp; 43692 |
| &nbsp;&nbsp;&nbsp;7.50%, 3/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44 | &nbsp;&nbsp;&nbsp;&nbsp; 46251 |
| CSC Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 2/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 116408 |
| &nbsp;&nbsp;&nbsp;4.125%, 12/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 119223 |
| DISH Network Corp., 11.75%, 11/15/27<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160 | &nbsp;&nbsp;&nbsp;&nbsp; 165279 |
| McGraw-Hill Education, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 8/1/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192 | &nbsp;&nbsp;&nbsp;&nbsp; 190678 |
| &nbsp;&nbsp;&nbsp;7.375%, 9/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp; 98218 |
| &nbsp;&nbsp;&nbsp;8.00%, 8/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212 | &nbsp;&nbsp;&nbsp;&nbsp; 212249 |
| Nexstar Media, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 9/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 201668 |
| &nbsp;&nbsp;&nbsp;7.25%, 4/15/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 181279 |
| Outfront Media Capital LLC/Outfront Media Capital Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 1/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp; 141553 |
| &nbsp;&nbsp;&nbsp;4.625%, 3/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151 | &nbsp;&nbsp;&nbsp;&nbsp; 147019 |
| &nbsp;&nbsp;&nbsp;7.375%, 2/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176 | &nbsp;&nbsp;&nbsp;&nbsp; 184187 |
| Sinclair Television Group, Inc., 8.125%, 2/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239 | &nbsp;&nbsp;&nbsp;&nbsp; 247655 |
| Summer BidCo BV, 8.875% PIK, 1/31/31<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp; 243624 |
| Univision Communications, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 7/31/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp; 55858 |
| &nbsp;&nbsp;&nbsp;8.875%, 4/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 60372 |
| &nbsp;&nbsp;&nbsp;9.375%, 8/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173 | &nbsp;&nbsp;&nbsp;&nbsp; 179159 |
| Versant Media Group, Inc., 7.25%, 1/30/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405 | &nbsp;&nbsp;&nbsp;&nbsp; 420696 |
| Virgin Media Secured Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 8/15/30<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 182850 |
| &nbsp;&nbsp;&nbsp;4.25%, 1/15/30<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615 | &nbsp;&nbsp;&nbsp;&nbsp; 760097 |
|  |  |  | &nbsp;&nbsp;**$5094577** |

---

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Metals & Mining — 0.8% | Metals & Mining — 0.8% | Metals & Mining — 0.8% |
| Arsenal AIC Parent LLC, 11.50%, 10/1/31<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322 | &nbsp;&nbsp;$348745 |
| Calderys Financing II LLC, 11.75%, (11.75% cash or 12.50% PIK), 6/1/28<sup>(2)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239 | &nbsp;&nbsp;&nbsp;&nbsp; 242826 |
| Calderys Financing LLC, 11.25%, 6/1/28<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342 | &nbsp;&nbsp;&nbsp;&nbsp; 352363 |
| Cleveland-Cliffs, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;7.375%, 5/1/33<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp; 247784 |
| &nbsp;&nbsp;&nbsp;7.625%, 1/15/34<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp; 96034 |
| Commercial Metals Co.: |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 11/15/33<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 90202 |
| &nbsp;&nbsp;&nbsp;6.00%, 12/15/35<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 89955 |
| Eldorado Gold Corp., 6.25%, 9/1/29<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251 | &nbsp;&nbsp;&nbsp;&nbsp; 250657 |
| First Quantum Minerals Ltd., 6.375%, 2/15/36<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 196739 |
| Roller Bearing Co. of America, Inc., 4.375%, 10/15/29<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187 | &nbsp;&nbsp;&nbsp;&nbsp; 183079 |
| TMS International Corp., 6.25%, 4/15/29<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246 | &nbsp;&nbsp;&nbsp;&nbsp; 241381 |
|  |  | &nbsp;&nbsp;**$2339765** |
| Oil and Gas — 0.2% | Oil and Gas — 0.2% | Oil and Gas — 0.2% |
| Archrock Services LP/Archrock Partners Finance Corp., 6.00%, 2/1/34<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;$65452 |
| Crescent Energy Finance LLC, 9.75%, 10/15/30<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp; 42770 |
| DBR Land Holdings LLC, 6.25%, 12/1/30<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 143403 |
| Kodiak Gas Services LLC, 6.50%, 10/1/33<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 127930 |
| Matador Resources Co., 6.00%, 4/15/34<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 80341 |
| Transocean International Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;7.875%, 10/15/32<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp; 32160 |
| &nbsp;&nbsp;&nbsp;8.25%, 5/15/29<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219 | &nbsp;&nbsp;&nbsp;&nbsp; 227502 |
|  |  | &nbsp;&nbsp;**$719558** |
| Oil, Gas & Consumable Fuels — 0.9% | Oil, Gas & Consumable Fuels — 0.9% | Oil, Gas & Consumable Fuels — 0.9% |
| Aethon United BR LP/Aethon United Finance Corp., 7.50%, 10/1/29<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207 | &nbsp;&nbsp;$216339 |
| Crescent Energy Finance LLC, 7.875%, 4/15/32<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155 | &nbsp;&nbsp;&nbsp;&nbsp; 160777 |
| Plains All American Pipeline LP, Series B, 8.024%, (3 mo. SOFR + 4.372%)<sup>(8)(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp; 305763 |
| SM Energy Co., 8.625%, 11/1/30<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 317475 |
| Sunoco LP: |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 10/1/29<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp; 107853 |
| &nbsp;&nbsp;&nbsp;4.625%, 5/1/30<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202 | &nbsp;&nbsp;&nbsp;&nbsp; 196553 |
| &nbsp;&nbsp;&nbsp;5.875%, 3/15/34<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp; 144554 |
| &nbsp;&nbsp;&nbsp;7.25%, 5/1/32<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp; 151927 |
| &nbsp;&nbsp;&nbsp;7.875% to 9/18/30<sup>(2)(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp; 585422 |
| Sunoco LP/Sunoco Finance Corp., 4.50%, 4/30/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226 | &nbsp;&nbsp;&nbsp;&nbsp; 219705 |
| Transocean International Ltd., 8.75%, 2/15/30<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62 | &nbsp;&nbsp;&nbsp;&nbsp; 64549 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Oil, Gas & Consumable Fuels (continued) | Oil, Gas & Consumable Fuels (continued) | Oil, Gas & Consumable Fuels (continued) | Oil, Gas & Consumable Fuels (continued) |
| WBI Operating LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 10/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;$187674 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203 | &nbsp;&nbsp;&nbsp;&nbsp; 205295 |
|  |  |  | &nbsp;&nbsp;**$2863886** |
| Packaging & Containers — 0.5% | Packaging & Containers — 0.5% | Packaging & Containers — 0.5% | Packaging & Containers — 0.5% |
| Ardagh Group SA, 9.50%, 12/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;$382073 |
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 9/1/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp; 193468 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/30/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 222865 |
| Clydesdale Acquisition Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 4/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127 | &nbsp;&nbsp;&nbsp;&nbsp; 119589 |
| &nbsp;&nbsp;&nbsp;8.75%, 4/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382 | &nbsp;&nbsp;&nbsp;&nbsp; 346822 |
| Sword Purchaser LLC, 8.25%, 4/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 245761 |
| Toucan FinCo Ltd./Toucan FinCo Can, Inc./Toucan FinCo U.S. LLC, 9.50%, 5/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171 | &nbsp;&nbsp;&nbsp;&nbsp; 149987 |
|  |  |  | &nbsp;&nbsp;**$1660565** |
| Pharmaceuticals — 1.2% | Pharmaceuticals — 1.2% | Pharmaceuticals — 1.2% | Pharmaceuticals — 1.2% |
| 1261229 BC Ltd., 10.00%, 4/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352 | &nbsp;&nbsp;$363772 |
| Amneal Pharmaceuticals LLC, 6.875%, 8/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp; 109178 |
| Bayer AG, 5.375% to 6/25/30, 3/25/82<sup>(4)(9)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 119215 |
| Grifols SA, 7.50%, 5/1/30<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446 | &nbsp;&nbsp;&nbsp;&nbsp; 545064 |
| Nidda Healthcare Holding GmbH, 5.234% (3 mo. EURIBOR + 3.25%), 10/15/32<sup>(2)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 276557 |
| Option Care Health, Inc., 4.375%, 10/31/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382 | &nbsp;&nbsp;&nbsp;&nbsp; 369969 |
| P&L Development LLC/PLD Finance Corp., 12.00%, (12.00% cash or 9.00% cash and 3.50% PIK), 5/15/29<sup>(2)(7)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146 | &nbsp;&nbsp;&nbsp;&nbsp; 145953 |
| Perrigo Finance Unlimited Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.15%, 6/15/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 379610 |
| &nbsp;&nbsp;&nbsp;5.375%, 9/30/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;&nbsp; 449924 |
| Rossini SARL, 6.75%, 12/31/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 244001 |
| Teva Pharmaceutical Finance Netherlands II BV, 4.375%, 5/9/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103 | &nbsp;&nbsp;&nbsp;&nbsp; 122662 |
| Teva Pharmaceutical Finance Netherlands III BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.10%, 10/1/46 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438 | &nbsp;&nbsp;&nbsp;&nbsp; 337810 |
| &nbsp;&nbsp;&nbsp;6.00%, 12/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 208375 |
|  |  |  | &nbsp;&nbsp;**$3672090** |
| Pipelines — 0.6% | Pipelines — 0.6% | Pipelines — 0.6% | Pipelines — 0.6% |
| Enbridge, Inc., Series NC5, 8.25% to 10/15/28, 1/15/84<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$211358 |
| Global Partners LP/GLP Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, 7/1/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103 | &nbsp;&nbsp;&nbsp;&nbsp; 105615 |

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Pipelines (continued) | Pipelines (continued) | Pipelines (continued) | Pipelines (continued) |
| Global Partners LP/GLP Finance Corp.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;8.25%, 1/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232 | &nbsp;&nbsp;$243681 |
| Kinetik Holdings LP, 5.875%, 6/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237 | &nbsp;&nbsp;&nbsp;&nbsp; 237932 |
| NGL Energy Operating LLC/NGL Energy Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.125%, 2/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 197042 |
| &nbsp;&nbsp;&nbsp;8.375%, 2/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57 | &nbsp;&nbsp;&nbsp;&nbsp; 59850 |
| TransCanada PipeLines Ltd., 6.125% to 7/17/31, 10/17/56<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 125583 |
| Venture Global Calcasieu Pass LLC, 6.00%, 5/1/36<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 120990 |
| Venture Global LNG, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.375%, 6/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104 | &nbsp;&nbsp;&nbsp;&nbsp; 108483 |
| &nbsp;&nbsp;&nbsp;9.00% to 9/30/29<sup>(2)(8)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199 | &nbsp;&nbsp;&nbsp;&nbsp; 196956 |
| &nbsp;&nbsp;&nbsp;9.50%, 2/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193 | &nbsp;&nbsp;&nbsp;&nbsp; 210718 |
| &nbsp;&nbsp;&nbsp;9.875%, 2/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp; 36493 |
|  |  |  | &nbsp;&nbsp;**$1854701** |
| Real Estate Investment Trusts (REITs) — 0.8% | Real Estate Investment Trusts (REITs) — 0.8% | Real Estate Investment Trusts (REITs) — 0.8% | Real Estate Investment Trusts (REITs) — 0.8% |
| Adler Financing SARL, 8.25% PIK, 12/31/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218 | &nbsp;&nbsp;$290099 |
| Alexandrite Lake Lux Holdings SARL, 6.75%, 7/30/30<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 277555 |
| Alexandrite Monnet U.K. Holdco PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.875%, 5/31/31<sup>(4)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp; 364221 |
| &nbsp;&nbsp;&nbsp;10.50%, 5/15/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 496699 |
| alstria SARL, 4.25%, 10/15/29<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 228527 |
| Greystar Real Estate Partners LLC, 7.75%, 9/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423 | &nbsp;&nbsp;&nbsp;&nbsp; 440890 |
| Immobiliare Grande Distribuzione SIIQ SpA, 4.45%, 11/4/30<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 354178 |
|  |  |  | &nbsp;&nbsp;**$2452169** |
| Real Estate Management & Development — 0.1% | Real Estate Management & Development — 0.1% | Real Estate Management & Development — 0.1% | Real Estate Management & Development — 0.1% |
| Cushman & Wakefield U.S. Borrower LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 5/15/28<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207 | &nbsp;&nbsp;$207135 |
| &nbsp;&nbsp;&nbsp;8.875%, 9/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117 | &nbsp;&nbsp;&nbsp;&nbsp; 123227 |
|  |  |  | &nbsp;&nbsp;**$330362** |
| Retail — 0.8% | Retail — 0.8% | Retail — 0.8% | Retail — 0.8% |
| B&M European Value Retail PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/28<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;$129802 |
| &nbsp;&nbsp;&nbsp;8.125%, 11/15/30<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 176080 |
| Boots Group Finco LP, 7.375%, 8/31/32<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp; 243369 |
| Cougar JV Subsidiary LLC, 8.00%, 5/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274 | &nbsp;&nbsp;&nbsp;&nbsp; 288292 |
| eG Global Finance PLC, 11.00%, 11/30/28<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320 | &nbsp;&nbsp;&nbsp;&nbsp; 398375 |
| LBM Acquisition LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 1/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97 | &nbsp;&nbsp;&nbsp;&nbsp; 67312 |
| &nbsp;&nbsp;&nbsp;9.50%, 6/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327 | &nbsp;&nbsp;&nbsp;&nbsp; 286529 |
| Men's Wearhouse LLC, 9.00%, 2/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp; 74122 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Retail (continued) | Retail (continued) | Retail (continued) | Retail (continued) |
| Park River Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 3/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171 | &nbsp;&nbsp;$172114 |
| &nbsp;&nbsp;&nbsp;8.75%, 12/31/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp; 80461 |
| PetSmart LLC/PetSmart Finance Corp., 7.50%, 9/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 253338 |
| Waga Bondco Ltd., 8.50%, 6/15/30<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 164699 |
| White Cap Supply Holdings LLC, 7.375%, 11/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232 | &nbsp;&nbsp;&nbsp;&nbsp; 234758 |
|  |  |  | &nbsp;&nbsp;**$2569251** |
| Software — 0.9% | Software — 0.9% | Software — 0.9% | Software — 0.9% |
| athenahealth Group, Inc., 6.50%, 2/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810 | &nbsp;&nbsp;$772653 |
| Clarivate Science Holdings Corp., 4.875%, 7/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147 | &nbsp;&nbsp;&nbsp;&nbsp; 133462 |
| Cloud Software Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 3/31/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 233870 |
| &nbsp;&nbsp;&nbsp;8.25%, 6/30/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 85567 |
| &nbsp;&nbsp;&nbsp;9.00%, 9/30/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp; 466790 |
| OAK-Eagle Acquireco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 7/1/33<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 241856 |
| &nbsp;&nbsp;&nbsp;8.75%, 7/1/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324 | &nbsp;&nbsp;&nbsp;&nbsp; 337361 |
| TeamSystem SpA, 5.704%, (3 mo. EURIBOR + 3.50%), 7/31/31<sup>(2)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 378157 |
|  |  |  | &nbsp;&nbsp;**$2649716** |
| Specialty Retail — 1.0% | Specialty Retail — 1.0% | Specialty Retail — 1.0% | Specialty Retail — 1.0% |
| Asbury Automotive Group, Inc., 5.00%, 2/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;$239866 |
| Bath & Body Works, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 10/1/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp; 45632 |
| &nbsp;&nbsp;&nbsp;6.75%, 7/1/36 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 77883 |
| CD&R Firefly Bidco PLC, 8.625%, 4/30/29<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp; 485236 |
| Ferrellgas LP/Ferrellgas Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 4/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174 | &nbsp;&nbsp;&nbsp;&nbsp; 169946 |
| &nbsp;&nbsp;&nbsp;9.25%, 1/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 84018 |
| LCM Investments Holdings II LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 5/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257 | &nbsp;&nbsp;&nbsp;&nbsp; 251769 |
| &nbsp;&nbsp;&nbsp;8.25%, 8/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;&nbsp;&nbsp; 33538 |
| Lithia Motors, Inc., 3.875%, 6/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86 | &nbsp;&nbsp;&nbsp;&nbsp; 82465 |
| Michaels Cos., Inc., 8.50%, 3/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 281673 |
| Patrick Industries, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 5/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292 | &nbsp;&nbsp;&nbsp;&nbsp; 288088 |
| &nbsp;&nbsp;&nbsp;6.375%, 11/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 131113 |
| Sonic Automotive, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172 | &nbsp;&nbsp;&nbsp;&nbsp; 168354 |
| &nbsp;&nbsp;&nbsp;4.875%, 11/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243 | &nbsp;&nbsp;&nbsp;&nbsp; 233765 |

---

*11*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Specialty Retail (continued) | Specialty Retail (continued) | Specialty Retail (continued) | Specialty Retail (continued) |
| Specialty Building Products Holdings LLC/SBP Finance Corp., 7.75%, 10/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283 | &nbsp;&nbsp;$250041 |
| Superior Plus LP/Superior General Partner, Inc., 4.50%, 3/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261 | &nbsp;&nbsp;&nbsp;&nbsp; 253211 |
|  |  |  | &nbsp;&nbsp;**$3076598** |
| Technology Hardware, Storage & Peripherals — 0.5% | Technology Hardware, Storage & Peripherals — 0.5% | Technology Hardware, Storage & Peripherals — 0.5% | Technology Hardware, Storage & Peripherals — 0.5% |
| Amentum Holdings, Inc., 7.25%, 8/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279 | &nbsp;&nbsp;$288963 |
| Atos SE, 9.36% to 12/18/26, 12/18/29<sup>(4)(13)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141 | &nbsp;&nbsp;&nbsp;&nbsp; 189235 |
| CACI International, Inc., 6.375%, 6/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 138200 |
| Diebold Nixdorf, Inc., 7.75%, 3/31/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338 | &nbsp;&nbsp;&nbsp;&nbsp; 355902 |
| Insight Enterprises, Inc., 6.625%, 5/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278 | &nbsp;&nbsp;&nbsp;&nbsp; 275894 |
| Science Applications International Corp., 5.875%, 11/1/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 123426 |
| Seagate Data Storage Technology Pte. Ltd., 9.625%, 12/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248 | &nbsp;&nbsp;&nbsp;&nbsp; 276429 |
|  |  |  | &nbsp;&nbsp;**$1648049** |
| Telecommunications — 1.5% | Telecommunications — 1.5% | Telecommunications — 1.5% | Telecommunications — 1.5% |
| APLD ComputeCo 2 LLC, 6.75%, 3/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;$193186 |
| APLD ComputeCo LLC, 9.25%, 12/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 134426 |
| Bell Telephone Co. of Canada or Bell Canada, 6.875% to 6/15/30, 9/15/55<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 128315 |
| Black Pearl Compute LLC, 6.125%, 2/15/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 132059 |
| Cipher Compute LLC, 7.125%, 11/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 197174 |
| Core Scientific Finance I LLC, 7.75%, 5/15/31<sup>(2)(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177 | &nbsp;&nbsp;&nbsp;&nbsp; 176651 |
| EchoStar Corp., 10.75%, 11/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp; 342556 |
| Fibercop SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 6/30/32<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp; 194912 |
| &nbsp;&nbsp;&nbsp;7.20%, 7/18/36<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 200000 |
| &nbsp;&nbsp;&nbsp;7.75%, 1/24/33 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 134299 |
| Iliad Holding SAS, 5.375%, 4/15/30<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385 | &nbsp;&nbsp;&nbsp;&nbsp; 462326 |
| Level 3 Financing, Inc., 7.00%, 3/31/34<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp; 77720 |
| Maticmind SpA, 7.377%, 12/31/32<sup>(4)(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 251368 |
| TELUS Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375% to 3/9/31, 6/9/56<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 135066 |
| &nbsp;&nbsp;&nbsp;7.00% to 7/15/35, 10/15/55<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp; 5174 |
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.625%, 6/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194 | &nbsp;&nbsp;&nbsp;&nbsp; 203187 |
| &nbsp;&nbsp;&nbsp;8.625%, 6/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp; 89025 |
| Uniti Services LLC, 7.50%, 10/15/33<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446 | &nbsp;&nbsp;&nbsp;&nbsp; 469846 |
| Vmed O2 U.K. Financing I PLC, 4.00%, 1/31/29<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp; 372963 |
| Vodafone Group PLC, 8.00% to 5/30/31, 8/30/86<sup>(4)(9)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 144298 |
| Windstream Services LLC/Windstream Escrow Finance Corp., 8.25%, 10/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp; 39158 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Telecommunications (continued) | Telecommunications (continued) | Telecommunications (continued) | Telecommunications (continued) |
| WULF Compute LLC, 7.75%, 10/15/30<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;$119884 |
| Zegona Finance PLC, 8.625%, 7/15/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361 | &nbsp;&nbsp;&nbsp;&nbsp; 378730 |
|  |  |  | &nbsp;&nbsp;**$4582323** |
| Textiles, Apparel & Luxury Goods — 0.6% | Textiles, Apparel & Luxury Goods — 0.6% | Textiles, Apparel & Luxury Goods — 0.6% | Textiles, Apparel & Luxury Goods — 0.6% |
| Beach Acquisition Bidco LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 7/15/32<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;$550252 |
| &nbsp;&nbsp;&nbsp;10.00%, (10.00% cash or 10.75% PIK), 7/15/33<sup>(2)(7)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859 | &nbsp;&nbsp;&nbsp;&nbsp; 945425 |
| Champ Acquisition Corp., 8.375%, 12/1/31<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp; 258715 |
|  |  |  | &nbsp;&nbsp;**$1754392** |
| Transportation — 0.5% | Transportation — 0.5% | Transportation — 0.5% | Transportation — 0.5% |
| Edge Finco PLC, 8.125%, 8/15/31<sup>(4)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466 | &nbsp;&nbsp;$653705 |
| InPost SA, 4.00%, 4/1/31<sup>(4)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 143295 |
| Seaspan Corp., 5.50%, 8/1/29<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304 | &nbsp;&nbsp;&nbsp;&nbsp; 290827 |
| Stonepeak Nile Parent LLC, 7.25%, 3/15/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134 | &nbsp;&nbsp;&nbsp;&nbsp; 140304 |
| Watco Cos. LLC/Watco Finance Corp., 7.125%, 8/1/32<sup>(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257 | &nbsp;&nbsp;&nbsp;&nbsp; 267280 |
|  |  |  | &nbsp;&nbsp;**$1495411** |
| Total Corporate Bonds<br> (identified cost $91,864,389) |  |  | &nbsp;&nbsp;**$92789916** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Preferred Stocks — 0.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Banks — 0.0%<sup>†</sup> | Banks — 0.0%<sup>†</sup> | Banks — 0.0%<sup>†</sup> |
| Citizens Financial Group, Inc., Series H, 7.375% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573 | &nbsp;&nbsp;$14869 |
| KeyCorp, Series H, 6.20% to 12/15/27<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3444 | &nbsp;&nbsp;&nbsp;&nbsp; 86755 |
|  |  | &nbsp;&nbsp;**$101624** |
| Capital Markets — 0.0%<sup>†</sup> | Capital Markets — 0.0%<sup>†</sup> | Capital Markets — 0.0%<sup>†</sup> |
| Affiliated Managers Group, Inc., 4.75% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5486 | &nbsp;&nbsp;$90684 |
|  |  | &nbsp;&nbsp;**$90684** |
| Electric Utilities — 0.1% | Electric Utilities — 0.1% | Electric Utilities — 0.1% |
| Brookfield BRP Holdings Canada, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.625% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5119 | &nbsp;&nbsp;$77450 |
| &nbsp;&nbsp;&nbsp;7.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3146 | &nbsp;&nbsp;&nbsp;&nbsp; 78304 |
|  |  | &nbsp;&nbsp;**$155754** |
| Insurance — 0.1% | Insurance — 0.1% | Insurance — 0.1% |
| American National Group, Inc., 7.375% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;$89244 |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Insurance (continued) | Insurance (continued) | Insurance (continued) |
| Aspen Insurance Holdings Ltd., 7.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;$123550 |
|  |  | &nbsp;&nbsp;**$212794** |
| Wireless Telecommunication Services — 0.0%<sup>†</sup> | Wireless Telecommunication Services — 0.0%<sup>†</sup> | Wireless Telecommunication Services — 0.0%<sup>†</sup> |
| T-Mobile USA, Inc., 6.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3960 | &nbsp;&nbsp;$98802 |
|  |  | &nbsp;&nbsp;**$98802** |
| Total Preferred Stocks<br> (identified cost $740,236) |  | &nbsp;&nbsp;**$659658** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Senior Floating-Rate Loans — 2.1%<sup>(14)</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Auto Components — 0.3% | Auto Components — 0.3% | Auto Components — 0.3% | Auto Components — 0.3% |
| Clarios Global LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.01%, (1 mo. EURIBOR + 3.00%), 7/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485 | &nbsp;&nbsp;$573757 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/6/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142 | &nbsp;&nbsp;&nbsp;&nbsp; 142517 |
| Crash Champions LLC, Term Loan, 8.423%, (3 mo. USD Term SOFR + 4.75%), 2/23/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp; 100896 |
|  |  |  | &nbsp;&nbsp;**$817170** |
| Building Products — 0.2% | Building Products — 0.2% | Building Products — 0.2% | Building Products — 0.2% |
| CP Atlas Buyer, Inc., Term Loan, 8.902%, (1 mo. USD Term SOFR + 5.25%), 7/8/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208 | &nbsp;&nbsp;$187095 |
| LBM Acquisition LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 6/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204 | &nbsp;&nbsp;&nbsp;&nbsp; 171831 |
| Specialty Building Products Holdings LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 10/16/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 166498 |
|  |  |  | &nbsp;&nbsp;**$525424** |
| Capital Markets — 0.2% | Capital Markets — 0.2% | Capital Markets — 0.2% | Capital Markets — 0.2% |
| Fortress Intermediate 3, Inc., Term Loan, 6.661%, (1 mo. USD Term SOFR + 3.00%), 6/27/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504 | &nbsp;&nbsp;$501756 |
|  |  |  | &nbsp;&nbsp;**$501756** |
| Chemicals — 0.0%<sup>†</sup> | Chemicals — 0.0%<sup>†</sup> | Chemicals — 0.0%<sup>†</sup> | Chemicals — 0.0%<sup>†</sup> |
| INEOS U.S. Finance LLC, Term Loan, 2/18/30<sup>(15)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;$69854 |
|  |  |  | &nbsp;&nbsp;**$69854** |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Commercial Services & Supplies — 0.0%<sup>†</sup> | Commercial Services & Supplies — 0.0%<sup>†</sup> | Commercial Services & Supplies — 0.0%<sup>†</sup> |
| Signal Parent, Inc., Term Loan, 7.263%, (3 mo. USD Term SOFR + 3.50%), 4/3/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;$145703 |
|  |  | &nbsp;&nbsp;**$145703** |
| Containers & Packaging — 0.1% | Containers & Packaging — 0.1% | Containers & Packaging — 0.1% |
| Clydesdale Acquisition Holdings, Inc., Term Loan, 4/13/29<sup>(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;$114818 |
| Sword Purchaser LLC, Term Loan, 4/11/33<sup>(15)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp; 102112 |
|  |  | &nbsp;&nbsp;**$216930** |
| Energy Equipment & Services — 0.1% | Energy Equipment & Services — 0.1% | Energy Equipment & Services — 0.1% |
| New Generation Gas Gathering LLC, Term Loan, 8.913%, (3 mo. USD Term SOFR + 5.25%), 9/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293 | &nbsp;&nbsp;$284875 |
|  |  | &nbsp;&nbsp;**$284875** |
| Health Care Providers & Services — 0.0%<sup>†</sup> | Health Care Providers & Services — 0.0%<sup>†</sup> | Health Care Providers & Services — 0.0%<sup>†</sup> |
| LifePoint Health, Inc., Term Loan, 7.423%, (3 mo. USD Term SOFR + 3.75%), 5/19/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141 | &nbsp;&nbsp;$140534 |
|  |  | &nbsp;&nbsp;**$140534** |
| Hotels, Restaurants & Leisure — 0.3% | Hotels, Restaurants & Leisure — 0.3% | Hotels, Restaurants & Leisure — 0.3% |
| IRB Holding Corp., Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 12/16/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344 | &nbsp;&nbsp;$345647 |
| Peninsula Pacific Entertainment LLC, Term Loan, 8.45%, (3 mo. USD Term SOFR + 4.75%), 10/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297 | &nbsp;&nbsp;&nbsp;&nbsp; 296504 |
| Spectacle Gary Holdings LLC, Term Loan, 8.10%, (3 mo. USD Term SOFR + 4.25%), 12/11/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153 | &nbsp;&nbsp;&nbsp;&nbsp; 149288 |
|  |  | &nbsp;&nbsp;**$791439** |
| Insurance — 0.1% | Insurance — 0.1% | Insurance — 0.1% |
| Truist Insurance Holdings LLC, Term Loan - Second Lien, 8.45%, (3 mo. USD Term SOFR + 4.75%), 5/6/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;$148875 |
|  |  | &nbsp;&nbsp;**$148875** |
| Leisure Products — 0.1% | Leisure Products — 0.1% | Leisure Products — 0.1% |
| Peloton Interactive, Inc., Term Loan, 9.152%, (1 mo. USD Term SOFR + 5.50%), 5/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289 | &nbsp;&nbsp;$290842 |
|  |  | &nbsp;&nbsp;**$290842** |
| Machinery — 0.1% | Machinery — 0.1% | Machinery — 0.1% |
| EMRLD Borrower LP, Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 5/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173 | &nbsp;&nbsp;$173596 |
|  |  | &nbsp;&nbsp;**$173596** |

---

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Media — 0.1% | Media — 0.1% | Media — 0.1% |
| E.W. Scripps Co.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.126%, (1 mo. USD Term SOFR + 3.35%), 11/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252 | &nbsp;&nbsp;$248465 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.526%, (1 mo. USD Term SOFR + 5.75%), 6/30/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47 | &nbsp;&nbsp;&nbsp;&nbsp; 47732 |
|  |  | &nbsp;&nbsp;**$296197** |
| Oil, Gas & Consumable Fuels — 0.0%<sup>†</sup> | Oil, Gas & Consumable Fuels — 0.0%<sup>†</sup> | Oil, Gas & Consumable Fuels — 0.0%<sup>†</sup> |
| Venture Global Calcasieu Pass LLC, Term Loan, 6.937%, (6 mo. USD Term SOFR + 3.25%), 4/11/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111 | &nbsp;&nbsp;$110983 |
|  |  | &nbsp;&nbsp;**$110983** |
| Pharmaceuticals — 0.2% | Pharmaceuticals — 0.2% | Pharmaceuticals — 0.2% |
| Bausch Health Cos., Inc., Term Loan, 9.902%, (1 mo. USD Term SOFR + 6.25%), 10/8/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526 | &nbsp;&nbsp;$513269 |
| Endo Luxembourg Finance Co. I SARL, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 4/23/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp; 193543 |
|  |  | &nbsp;&nbsp;**$706812** |
| Specialty Retail — 0.3% | Specialty Retail — 0.3% | Specialty Retail — 0.3% |
| Evergreen Acqco 1 LP, Term Loan, 6.686%, (3 mo. USD Term SOFR + 3.00%), 9/17/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;$256048 |
| Mavis Tire Express Services Corp., Term Loan, 6.669%, (6 mo. USD Term SOFR + 3.00%), 5/4/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137 | &nbsp;&nbsp;&nbsp;&nbsp; 137877 |
| Men's Wearhouse, Inc., Term Loan, 9.421%, (3 mo. USD Term SOFR + 5.75%), 1/28/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 181857 |
| PetSmart, Inc., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 8/18/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372 | &nbsp;&nbsp;&nbsp;&nbsp; 373494 |
|  |  | &nbsp;&nbsp;**$949276** |
| Trading Companies & Distributors — 0.0%<sup>†</sup> | Trading Companies & Distributors — 0.0%<sup>†</sup> | Trading Companies & Distributors — 0.0%<sup>†</sup> |
| Park River Holdings, Inc., Term Loan, 8.192%, (3 mo. USD Term SOFR + 4.50%), 3/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;$74838 |
| White Cap Buyer LLC, Term Loan, 6.918%, (1 mo. USD Term SOFR + 3.25%), 10/19/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62 | &nbsp;&nbsp;&nbsp;&nbsp; 62247 |
|  |  | &nbsp;&nbsp;**$137085** |
| Total Senior Floating-Rate Loans<br> (identified cost $6,377,914) |  | &nbsp;&nbsp;**$6307351** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Miscellaneous — 0.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Construction & Engineering — 0.0% | Construction & Engineering — 0.0% | Construction & Engineering — 0.0% |
| Abengoa Abenewco 2 SA, Escrow Certificates<sup>(1)(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;156808 | &nbsp;&nbsp;$0 |
| Abengoa Abenewco 2 SA, Escrow Certificates<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;156808 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp;**$0** |
| Energy — 0.0% | Energy — 0.0% | Energy — 0.0% |
| Enviva LLC, Escrow Certificates<sup>(1)(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;228000 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Entertainment — 0.0% | Entertainment — 0.0% | Entertainment — 0.0% |
| National CineMedia, Inc., Escrow Certificates<sup>(1)(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;189000 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Transportation — 0.0% | Transportation — 0.0% | Transportation — 0.0% |
| Hertz Corp., Escrow Certificates<sup>(1)(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;58000 | &nbsp;&nbsp;$0 |
| Hertz Corp., Escrow Certificates<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;167000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Hertz Corp., Escrow Certificates<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp;**$0** |
| Total Miscellaneous<br> (identified cost $0) |  | &nbsp;&nbsp;**$0** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 1.9%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(16)</sup> | 5898756 | &nbsp;&nbsp;$5898756 |
| Total Short-Term Investments<br> (identified cost $5,898,756) |  | &nbsp;&nbsp;**$5898756** |
| Total Investments — 98.5%<br> (identified cost $210,021,591) |  | &nbsp;&nbsp;**$299692711** |
| Other Assets, Less Liabilities — 1.5% |  | &nbsp;&nbsp;**$4616013** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$304308724** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| \* | In U.S. dollars unless otherwise indicated. |
| <sup>(1)</sup> | Non-income producing security. |

---

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

<sup>(2)</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 April 30, 2026, the aggregate value of these securities is $67,797,652 or 22.3% of the Fund's net assets.

<sup>(3)</sup> Security (or a portion thereof) has been pledged to cover margin requirements on open futures contracts.

<sup>(4)</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 April 30, 2026, the aggregate value of these securities is $17,388,617 or 5.7% of the Fund's net assets.

<sup>(5)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(6)</sup> Restricted security (see Note 8).

<sup>(7)</sup> Represents a payment-in-kind security which may pay interest in additional principal at the issuer's discretion.

<sup>(8)</sup> Perpetual security with no stated maturity date but may be subject to calls by the issuer.

<sup>(9)</sup> Security converts to variable rate after the indicated fixed-rate coupon period.

<sup>(10)</sup> Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026.

<sup>(11)</sup> When-issued security.

<sup>(12)</sup> Issuer is in default with respect to interest and/or principal payments and is non-income producing.

<sup>(13)</sup> Step coupon security. Interest rate represents the rate in effect at April 30, 2026.

<sup>(14)</sup> Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

<sup>(15)</sup> This Senior Loan will settle after April 30, 2026, at which time the interest rate will be determined.

<sup>(16)</sup> May be deemed to be an affiliated investment company (see Note 11). The rate shown is the annualized seven-day yield as of April 30, 2026.

---

| | | |
|:---|:---|:---|
| Country Concentration of Portfolio | Country Concentration of Portfolio | Country Concentration of Portfolio |
| **Country** | &nbsp;&nbsp;&nbsp;**Percentage of<br> Total Investments** | &nbsp;&nbsp;&nbsp;**Value** |
| United States | &nbsp;&nbsp;&nbsp;&nbsp;60.8% | &nbsp;&nbsp;&nbsp;$182326813 |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23497776 |
| France | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17788467 |
| Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14167339 |
| Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6682484 |
| Spain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5502292 |
| Italy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5069063 |
| Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5007219 |
| Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4921046 |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4636931 |
| Norway | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4525926 |
| Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4282861 |
| Sweden | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3924462 |
| Luxembourg | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3378176 |
| Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2201989 |
| Denmark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1630093 |
| Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1184860 |
| Bermuda | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1121510 |
| India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1085312 |
| Australia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1038912 |
| Belgium | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020595 |
| South Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;959364 |
| Israel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668847 |
| Finland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665399 |
| South Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450738 |
| Slovenia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423259 |
| Czech Republic | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351455 |
| Turkey | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250657 |
| Ireland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214494 |
| Greece | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209639 |
| Zambia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196739 |
| Jersey | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164699 |
| Poland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143295 |
| **Total Investments** | &nbsp;&nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;&nbsp;**$299692711** |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Equity Futures** |  |  |  |  |  |
| E-Mini S&P 500 Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;$23542188 | &nbsp;&nbsp;&nbsp;&nbsp;$1683823 |
| E-Mini PHLX Semiconductor Sector Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7395150) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1865581) |
| STOXX Europe 600 Banks Index | &nbsp;&nbsp;&nbsp;&nbsp;(572) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11989911) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1031002) |
| STOXX Europe 600 Index | &nbsp;&nbsp;&nbsp;&nbsp;(258) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9208197) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (67860) |
| STOXX Europe 600 Insurance Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2172426) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13693) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$(1294313)** |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | – American Depositary Receipt |
| EURIBOR | – Euro Interbank Offered Rate |
| PIK | – Payment In Kind |
| REITs | – Real Estate Investment Trusts |
| SOFR | – Secured Overnight Financing Rate |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| USD | – United States Dollar |

---

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $204,122,835) | &nbsp;&nbsp;$293793955 |
| Affiliated investments, at value (identified cost $5,898,756) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5898756 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18853 |
| Foreign currency, at value (identified cost $1,688,944) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711929 |
| Interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2194254 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8579 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566992 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357746 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1832076 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63682 |
| **Total assets** | &nbsp;&nbsp;**$306447118** |
| Liabilities |  |
| Payable for investments purchased | &nbsp;&nbsp;$864601 |
| Payable for when-issued securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657415 |
| Payable for Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47140 |
| Payable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130159 |
| 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;132316 |
| &nbsp;&nbsp;&nbsp;Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36179 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40990 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5382 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1402 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63682 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159128 |
| **Total liabilities** | &nbsp;&nbsp;**$2138394** |
| **Net Assets** | &nbsp;&nbsp;**$304308724** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$216857062 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87451662 |
| **Net Assets** | &nbsp;&nbsp;**$304308724** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$144594012 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11920166 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$12.13 |
| **Maximum Offering Price Per Share <br> (100 ÷ 94.75 of net asset value per share)** | &nbsp;&nbsp;$12.80 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$12774037 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1067490 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$11.97 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$142851131 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11795131 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$12.11 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited) — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Class R Shares |  |
| **Net Assets** | &nbsp;&nbsp;$4089544 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338483 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$12.08 |

---

---

| | |
|:---|:---|
| 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. |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $545,393) | &nbsp;&nbsp;$4021447 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28392 |
| Interest income (net of foreign taxes withheld of $484) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3410974 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5969 |
| **Total investment income** | &nbsp;&nbsp;**$7466782** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$793145 |
| Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216312 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177484 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61945 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9698 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8077 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79652 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89293 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70811 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12877 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25675 |
| ReFlow liquidity program fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2296 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25187 |
| **Total expenses** | &nbsp;&nbsp;**$1572452** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$1452 |
| **Total expense reductions** | &nbsp;&nbsp;**$1452** |
| **Net expenses** | &nbsp;&nbsp;**$1571000** |
| **Net investment income** | &nbsp;&nbsp;**$5895782** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(21345)<sup>(1)</sup> |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133177 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7184) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8861 |
| **Net realized gain** | &nbsp;&nbsp;**$113509** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$13527384 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1294313) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94428 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$12327499** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$12441008** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$18336790** |

---

<sup>(1)</sup> Includes $544,626 of net realized gains from redemptions in-kind.

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$5895782 | &nbsp;&nbsp;$13826449 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113509<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1557683 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12327499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24565063 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$18336790** | &nbsp;&nbsp;**$39949195** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(3760268) | &nbsp;&nbsp;$(10654739) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(280370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(805056) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3639737) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10153916) |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(98618) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(222533) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(7778993)** | &nbsp;&nbsp;**$(21836244)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(3063177) | &nbsp;&nbsp;$(4554669) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(359214) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10761199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3857867) |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(125019) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1579604 |
| **Net increase (decrease) in net assets from Fund share transactions** | &nbsp;&nbsp;**$7699800** | &nbsp;&nbsp;**$(7192146)** |
| **Net increase in net assets** | &nbsp;&nbsp;**$18257597** | &nbsp;&nbsp;**$10920805** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$286051127 | &nbsp;&nbsp;$275130322 |
| **At end of period** | &nbsp;&nbsp;**$304308724** | &nbsp;&nbsp;**$286051127** |

---

<sup>(1)</sup> Includes $544,626 of net realized gains from redemptions in-kind.

*20*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$11.70 | &nbsp;&nbsp;$10.93 | &nbsp;&nbsp;$9.40 | &nbsp;&nbsp;$8.92 | &nbsp;&nbsp;$11.36 | &nbsp;&nbsp;$9.07 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.23 | &nbsp;&nbsp;$0.54 | &nbsp;&nbsp;$0.47 | &nbsp;&nbsp;$0.35 | &nbsp;&nbsp;$0.34 | &nbsp;&nbsp;$0.27 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.32) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.34 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.74** | &nbsp;&nbsp;**$1.63** | &nbsp;&nbsp;**$2.04** | &nbsp;&nbsp;**$0.80** | &nbsp;&nbsp;**$(1.98)** | &nbsp;&nbsp;**$2.61** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.31) | &nbsp;&nbsp;$(0.58) | &nbsp;&nbsp;$(0.49) | &nbsp;&nbsp;$(0.32) | &nbsp;&nbsp;$(0.32) | &nbsp;&nbsp;$(0.32) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$(0.86)** | &nbsp;&nbsp;**$(0.51)** | &nbsp;&nbsp;**$(0.32)** | &nbsp;&nbsp;**$(0.46)** | &nbsp;&nbsp;**$(0.32)** |
| **Portfolio transaction fee, net<sup>(1)</sup>** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$12.13** | &nbsp;&nbsp;**$11.70** | &nbsp;&nbsp;**$10.93** | &nbsp;&nbsp;**$9.40** | &nbsp;&nbsp;**$8.92** | &nbsp;&nbsp;**$11.36** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.45%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15.86%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21.82%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.00%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(17.86)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29.08%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$144594 | &nbsp;&nbsp;$142422 | &nbsp;&nbsp;$137609 | &nbsp;&nbsp;$119712 | &nbsp;&nbsp;$123589 | &nbsp;&nbsp;$164778 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.98%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.37% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.65% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.52% |
| Portfolio Turnover of the Portfolio<sup>(9)</sup> | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60% |
| Portfolio Turnover of the Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14%<sup>(10)</sup> | &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;— |

---

---

| | |
|:---|:---|
| <sup>(1)</sup> | Computed using average shares outstanding. |
| <sup>(2)</sup> | Amount is less than $(0.005). |
| <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<br> the effect of sales charges. |
| <sup>(4)</sup> | Not annualized. |
| <sup>(5)</sup> | Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund. |
| <sup>(6)</sup> | Includes the Fund's share of the Portfolio's allocated expenses for the period while the Fund was investing in the Portfolio. |
| <sup>(7)</sup> | Annualized. |
| <sup>(8)</sup> | Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund's and Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022). |
| <sup>(9)</sup> | Portfolio turnover represents the rate of portfolio activity for the period while the Fund was investing in the Portfolio. |
| <sup>(10)</sup> | For the period from June 17, 2023 through October 31, 2023 when the Fund was making investments directly in securities. |
| References to Portfolio herein are to Global Income Builder Portfolio, a Massachusetts business trust in which the Fund invested all of its investable assets prior to the close of business on June 16, 2023 and which had the same investment objectives and policies as the Fund during such period. | References to Portfolio herein are to Global Income Builder Portfolio, a Massachusetts business trust in which the Fund invested all of its investable assets prior to the close of business on June 16, 2023 and which had the same investment objectives and policies as the Fund during such period. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$11.54 | &nbsp;&nbsp;$10.79 | &nbsp;&nbsp;$9.28 | &nbsp;&nbsp;$8.81 | &nbsp;&nbsp;$11.23 | &nbsp;&nbsp;$8.96 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.19 | &nbsp;&nbsp;$0.45 | &nbsp;&nbsp;$0.38 | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.19 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.29) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.69** | &nbsp;&nbsp;**$1.52** | &nbsp;&nbsp;**$1.93** | &nbsp;&nbsp;**$0.72** | &nbsp;&nbsp;**$(2.03)** | &nbsp;&nbsp;**$2.52** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.49) | &nbsp;&nbsp;$(0.40) | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$(0.25) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.26)** | &nbsp;&nbsp;**$(0.77)** | &nbsp;&nbsp;**$(0.42)** | &nbsp;&nbsp;**$(0.25)** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.25)** |
| **Portfolio transaction fee, net<sup>(1)</sup>** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$11.97** | &nbsp;&nbsp;**$11.54** | &nbsp;&nbsp;**$10.79** | &nbsp;&nbsp;**$9.28** | &nbsp;&nbsp;**$8.81** | &nbsp;&nbsp;**$11.23** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.08%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.95%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**20.96%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.17%** | &nbsp;&nbsp;&nbsp;&nbsp;**(18.46)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**28.26%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$12774 | &nbsp;&nbsp;$12198 | &nbsp;&nbsp;$11811 | &nbsp;&nbsp;$12724 | &nbsp;&nbsp;$15093 | &nbsp;&nbsp;$24505 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.26%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.12% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.62% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.87% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.76% |
| Portfolio Turnover of the Portfolio<sup>(9)</sup> | &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;&nbsp;&nbsp;&nbsp;&nbsp;46% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60% |
| Portfolio Turnover of the Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

---

| | |
|:---|:---|
| <sup>(1)</sup> | Computed using average shares outstanding. |
| <sup>(2)</sup> | Amount is less than $(0.005). |
| <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<br> the effect of sales charges. |
| <sup>(4)</sup> | Not annualized. |
| <sup>(5)</sup> | Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund. |
| <sup>(6)</sup> | Includes the Fund's share of the Portfolio's allocated expenses for the period while the Fund was investing in the Portfolio. |
| <sup>(7)</sup> | Annualized. |
| <sup>(8)</sup> | Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund's and Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022). |
| <sup>(9)</sup> | Portfolio turnover represents the rate of portfolio activity for the period while the Fund was investing in the Portfolio. |
| <sup>(10)</sup> | For the period from June 17, 2023 through October 31, 2023 when the Fund was making investments directly in securities. |
| References to Portfolio herein are to Global Income Builder Portfolio, a Massachusetts business trust in which the Fund invested all of its investable assets prior to the close of business on June 16, 2023 and which had the same investment objectives and policies as the Fund during such period. | References to Portfolio herein are to Global Income Builder Portfolio, a Massachusetts business trust in which the Fund invested all of its investable assets prior to the close of business on June 16, 2023 and which had the same investment objectives and policies as the Fund during such period. |

---

*22*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$11.68 | &nbsp;&nbsp;$10.92 | &nbsp;&nbsp;$9.39 | &nbsp;&nbsp;$8.91 | &nbsp;&nbsp;$11.34 | &nbsp;&nbsp;$9.06 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.57 | &nbsp;&nbsp;$0.50 | &nbsp;&nbsp;$0.37 | &nbsp;&nbsp;$0.37 | &nbsp;&nbsp;$0.30 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.31) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.76** | &nbsp;&nbsp;**$1.65** | &nbsp;&nbsp;**$2.06** | &nbsp;&nbsp;**$0.83** | &nbsp;&nbsp;**$(1.94)** | &nbsp;&nbsp;**$2.63** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.33) | &nbsp;&nbsp;$(0.61) | &nbsp;&nbsp;$(0.51) | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.35) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.33)** | &nbsp;&nbsp;**$(0.89)** | &nbsp;&nbsp;**$(0.53)** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.49)** | &nbsp;&nbsp;**$(0.35)** |
| **Portfolio transaction fee, net<sup>(1)</sup>** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$12.11** | &nbsp;&nbsp;**$11.68** | &nbsp;&nbsp;**$10.92** | &nbsp;&nbsp;**$9.39** | &nbsp;&nbsp;**$8.91** | &nbsp;&nbsp;**$11.34** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.58%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16.08%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22.14%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.28%** | &nbsp;&nbsp;&nbsp;&nbsp;**(17.60)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29.31%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$142851 | &nbsp;&nbsp;$127389 | &nbsp;&nbsp;$123496 | &nbsp;&nbsp;$83772 | &nbsp;&nbsp;$80627 | &nbsp;&nbsp;$113907 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.29%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.21% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.76% |
| Portfolio Turnover of the Portfolio<sup>(9)</sup> | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60% |
| Portfolio Turnover of the Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14%<sup>(10)</sup> | &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;— |

---

---

| | |
|:---|:---|
| <sup>(1)</sup> | Computed using average shares outstanding. |
| <sup>(2)</sup> | Amount is less than $(0.005). |
| <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> | Not annualized. |
| <sup>(5)</sup> | Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund. |
| <sup>(6)</sup> | Includes the Fund's share of the Portfolio's allocated expenses for the period while the Fund was investing in the Portfolio. |
| <sup>(7)</sup> | Annualized. |
| <sup>(8)</sup> | Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund's and Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022). |
| <sup>(9)</sup> | Portfolio turnover represents the rate of portfolio activity for the period while the Fund was investing in the Portfolio. |
| <sup>(10)</sup> | For the period from June 17, 2023 through October 31, 2023 when the Fund was making investments directly in securities. |
| References to Portfolio herein are to Global Income Builder Portfolio, a Massachusetts business trust in which the Fund invested all of its investable assets prior to the close of business on June 16, 2023 and which had the same investment objectives and policies as the Fund during such period. | References to Portfolio herein are to Global Income Builder Portfolio, a Massachusetts business trust in which the Fund invested all of its investable assets prior to the close of business on June 16, 2023 and which had the same investment objectives and policies as the Fund during such period. |

---

*23*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

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;**Class R** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$11.65 | &nbsp;&nbsp;$10.89 | &nbsp;&nbsp;$9.36 | &nbsp;&nbsp;$8.89 | &nbsp;&nbsp;$11.32 | &nbsp;&nbsp;$9.04 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$0.51 | &nbsp;&nbsp;$0.46 | &nbsp;&nbsp;$0.33 | &nbsp;&nbsp;$0.31 | &nbsp;&nbsp;$0.25 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.30) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.73** | &nbsp;&nbsp;**$1.59** | &nbsp;&nbsp;**$2.01** | &nbsp;&nbsp;**$0.77** | &nbsp;&nbsp;**$(1.99)** | &nbsp;&nbsp;**$2.58** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.30) | &nbsp;&nbsp;$(0.55) | &nbsp;&nbsp;$(0.46) | &nbsp;&nbsp;$(0.30) | &nbsp;&nbsp;$(0.30) | &nbsp;&nbsp;$(0.30) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.14) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.30)** | &nbsp;&nbsp;**$(0.83)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.30)** | &nbsp;&nbsp;**$(0.44)** | &nbsp;&nbsp;**$(0.30)** |
| **Portfolio transaction fee, net<sup>(1)</sup>** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** | &nbsp;&nbsp;**$(0.00)<sup>(2)</sup>** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$12.08** | &nbsp;&nbsp;**$11.65** | &nbsp;&nbsp;**$10.89** | &nbsp;&nbsp;**$9.36** | &nbsp;&nbsp;**$8.89** | &nbsp;&nbsp;**$11.32** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.32%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**15.49%** | &nbsp;&nbsp;&nbsp;&nbsp;**21.64%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.64%** | &nbsp;&nbsp;&nbsp;&nbsp;**(18.02)%** | &nbsp;&nbsp;&nbsp;&nbsp;**28.76%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$4090 | &nbsp;&nbsp;$4042 | &nbsp;&nbsp;$2213 | &nbsp;&nbsp;$1131 | &nbsp;&nbsp;$932 | &nbsp;&nbsp;$827 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.44% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.71%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.62% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.39% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29% |
| Portfolio Turnover of the Portfolio<sup>(9)</sup> | &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;46% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60% |
| Portfolio Turnover of the Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

---

| | |
|:---|:---|
| <sup>(1)</sup> | Computed using average shares outstanding. |
| <sup>(2)</sup> | Amount is less than $(0.005). |
| <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> | Not annualized. |
| <sup>(5)</sup> | Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund. |
| <sup>(6)</sup> | Includes the Fund's share of the Portfolio's allocated expenses for the period while the Fund was investing in the Portfolio. |
| <sup>(7)</sup> | Annualized. |
| <sup>(8)</sup> | Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund's and Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022). |
| <sup>(9)</sup> | Portfolio turnover represents the rate of portfolio activity for the period while the Fund was investing in the Portfolio. |
| <sup>(10)</sup> | For the period from June 17, 2023 through October 31, 2023 when the Fund was making investments directly in securities. |
| References to Portfolio herein are to Global Income Builder Portfolio, a Massachusetts business trust in which the Fund invested all of its investable assets prior to the close of business on June 16, 2023 and which had the same investment objectives and policies as the Fund during such period. | References to Portfolio herein are to Global Income Builder Portfolio, a Massachusetts business trust in which the Fund invested all of its investable assets prior to the close of business on June 16, 2023 and which had the same investment objectives and policies as the Fund during such period. |

---

*24*

*See Notes to Financial Statements.*

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[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Global Income Builder 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 achieve total return for its shareholders. The Fund offers four classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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 and Class R 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. 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 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 or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

**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.**

**Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service.**

#### Derivatives. Futures contracts are valued at the closing settlement price established by the board of trade or exchange on which they are traded.
**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.

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[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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, interest and capital gains have been provided for in accordance with the Fund's understanding of the applicable countries' tax rules and rates. As a result of several court cases in certain countries across the European Union (EU), the Fund filed additional tax reclaims for previously withheld taxes on dividends earned in those countries. Income recognized, if any, for EU reclaims and interest thereon is reflected as other income in the Statement of Operations, and any related receivable, if any, is reflected as European Union tax reclaims receivable in the Statement of Assets and Liabilities. Any fees associated with these filings are reflected in miscellaneous expenses in the Statement of Operations. When uncertainty exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these EU reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. For U.S. income tax purposes, EU reclaims received by the Fund, if any, may reduce the amount of foreign taxes Fund shareholders can use as tax deductions or credits on their income tax returns. In the event that EU reclaims received by the Fund during a fiscal year exceed foreign withholding taxes paid by the Fund, and the Fund previously passed through to its shareholders foreign taxes incurred by the Fund to be used as a credit or deduction on a shareholder's income tax return, the Fund may be required to enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the Fund's shareholders. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

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 April 30, 2026, 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 Unfunded Loan Commitments—The Fund may enter into certain loan agreements all or a portion of which may be unfunded. The Fund is obligated to fund these commitments at the borrower's discretion. These commitments, if any, are disclosed in the accompanying Portfolio of Investments.

H 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.

I 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.

J Futures Contracts—Upon entering into a futures contract, the Fund is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Fund each business day, depending on the daily fluctuations in the value of the underlying security or index, and are recorded as unrealized gains or losses by the Fund. Gains (losses) are realized upon the expiration or closing of the futures contracts. Should market conditions change unexpectedly, the Fund may not achieve the anticipated benefits of the futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

K Forward Foreign Currency Exchange Contracts—The Fund may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

L When-Issued Securities and Delayed Delivery Transactions—The Fund may purchase securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. The Fund maintains cash and/or security positions for these commitments such that sufficient liquid assets will be available to make payments upon settlement. Securities purchased on a delayed delivery or when-issued basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract.

M Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

N Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

It is the present policy of the Fund to make monthly distributions 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $136,400 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 October 31, 2025, $136,400 are short-term.

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Fund at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$210810060** |
| Gross unrealized appreciation | &nbsp;&nbsp;$92076911 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4488573) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$87588338** |

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[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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3 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Fund. The investment adviser fee is computed at an annual rate as a percentage of the Fund's average daily net assets that are not invested in other investment companies for which BMR or its affiliates serve as investment adviser and receive an advisory fee 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;0.550% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.525% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.500% |
| $2.5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.475% |

---

For the six months ended April 30, 2026, the investment adviser fee amounted to $793,145 or 0.55% (annualized) of the Fund's average daily net assets. Pursuant to an investment sub-advisory agreement, BMR has delegated a portion of the investment management of the Fund to Eaton Vance Advisers International Ltd. (EVAIL), an affiliate of BMR and an indirect, wholly-owned subsidiary of Morgan Stanley. BMR pays EVAIL a portion of its investment adviser fee for sub-advisory services provided to the Fund. The administration fee is earned by Eaton Vance Management (EVM), an affiliate of BMR and an indirect, wholly-owned subsidiary of Morgan Stanley, 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 six months ended April 30, 2026, the administration fee amounted to $216,312.

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 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 six months ended April 30, 2026, the investment adviser fee paid was reduced by $1,122 relating to the Fund's investment in the Liquidity Fund.

EVM and EVAIL have agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding such expenses as brokerage commissions, acquired fund fees and expenses of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 1.17%, 1.92%, 0.92% and 1.42% of the Fund's average daily net assets for Class A, Class C, Class I and Class R, respectively. This agreement may be changed or terminated after March 1, 2027. Pursuant to this agreement, EVM and EVAIL waived and/or reimbursed $330 in total of the Fund's operating expenses for the six months ended April 30, 2026.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $8,316 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 $2,776 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also received distribution and service fees from Class A, Class C and Class R shares (see Note 4) and contingent deferred sales charges (see Note 5).

Trustees and officers of the Fund who are members of EVM's or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Trustees of the Fund who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Fund are officers of the above organizations.

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 six months ended April 30, 2026 amounted to $177,484 for Class A shares.

The Fund also has in effect distribution plans for Class C shares (Class C Plan) and Class R shares (Class R 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $46,459 for Class C shares.

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[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 six months ended April 30, 2026, the Fund paid or accrued to EVD $4,849 for Class R shares.

Pursuant to the Class C and Class R Plans, 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 six months ended April 30, 2026 amounted to $15,486 and $4,849 for Class C and Class R shares, respectively.

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). 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 six months ended April 30, 2026, 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 and in-kind transactions and including maturities and principal repayments on Senior Loans, aggregated $110,579,278 and $113,023,894, respectively, for the six months ended April 30, 2026. In-kind sales for the six months ended April 30, 2026 aggregated $724,561.

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. Sales and redemptions of Class I shares include shares purchased and redeemed in connection with the ReFlow liquidity program, a program designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Transactions in Fund shares, including direct exchanges pursuant to share class conversions, were as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 281890 | &nbsp;&nbsp;&nbsp;&nbsp;$3369071 | &nbsp;&nbsp;&nbsp;&nbsp; 670906 | &nbsp;&nbsp;&nbsp;&nbsp;$7341268 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 297431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3522575 | &nbsp;&nbsp;&nbsp;&nbsp; 922334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9942351 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (836252) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9954823) | &nbsp;&nbsp;&nbsp;&nbsp;(2002975) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21838288) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(256931)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(3063177)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(409735)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(4554669)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 93224 | &nbsp;&nbsp;&nbsp;&nbsp;$1097779 | &nbsp;&nbsp;&nbsp;&nbsp; 223199 | &nbsp;&nbsp;&nbsp;&nbsp;$2446798 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 23982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 280178 | &nbsp;&nbsp;&nbsp;&nbsp; 75603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 802633 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (107118) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1251160) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (336200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3608645) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **10088** | &nbsp;&nbsp;&nbsp;&nbsp;**$126797** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(37398)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(359214)** |

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[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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;2088380 | &nbsp;&nbsp;&nbsp;&nbsp;$25011322 | &nbsp;&nbsp;&nbsp;&nbsp;3649939 | &nbsp;&nbsp;&nbsp;&nbsp;$39684946 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 306955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3629586 | &nbsp;&nbsp;&nbsp;&nbsp; 940693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10122655 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(1509325) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17879709) | &nbsp;&nbsp;&nbsp;&nbsp;(4993242) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53665468) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **886010** | &nbsp;&nbsp;&nbsp;&nbsp;**$10761199** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(402610)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(3857867)** |
| **Class R** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 96408 | &nbsp;&nbsp;&nbsp;&nbsp;$1141513 | &nbsp;&nbsp;&nbsp;&nbsp; 136605 | &nbsp;&nbsp;&nbsp;&nbsp;$1506630 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 8364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98618 | &nbsp;&nbsp;&nbsp;&nbsp; 20658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 222533 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (113327) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1365150) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13510) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (149559) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(8555)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(125019)** | &nbsp;&nbsp;&nbsp;&nbsp; **143753** | &nbsp;&nbsp;&nbsp;&nbsp;**$1579604** |

---

8 Restricted Securities

At April 30, 2026, the Fund owned the following security (representing 0.1% of net assets) which was restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Fund has limited registration rights with respect to this security. The value of restricted securities is determined based on valuations provided by brokers when available, or if not available, they are valued by the investment adviser as the Trustees' valuation designee.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Date(s) of<br> Acquisition** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Cost** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| **Convertible Preferred Stocks** |  |  |  |  |
| QXO, Inc., 4.75% | &nbsp;&nbsp;&nbsp;&nbsp;3/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;33 | &nbsp;&nbsp;&nbsp;&nbsp;$330000 | &nbsp;&nbsp;&nbsp;&nbsp;$316834 |
| **Total Restricted Securities** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$330000** | &nbsp;&nbsp;&nbsp;&nbsp;**$316834** |

---

9 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 forward foreign currency exchange contracts and futures contracts 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Fund is subject to the following risks:

Equity Price Risk: The Fund enters into equity futures contracts on securities indices to gain or limit exposure to certain markets, particularly in connection with engaging in the dividend capture trading strategy.

Foreign Exchange Risk: Because the Fund holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Fund entered into forward foreign currency exchange contracts during the six months ended April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The Fund enters into forward foreign currency exchange contracts that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Fund's net assets below a certain level over a certain period of time, which would trigger a payment by the Fund for those derivatives in a liability position. At April 30, 2026, the Fund had no open derivatives with credit-related contingent features in a net liability position.

The over-the-counter (OTC) derivatives in which the Fund invests are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Fund has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Fund's net assets decline by a stated percentage or the Fund fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Fund of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Fund and/or counterparty is held in segregated accounts by the Fund's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Fund, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Fund as collateral, if any, are identified as such in the Portfolio of Investments.

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 April 30, 2026 was as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Fair Value** |
| **Derivative** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Liability Derivative<sup>(1)</sup>** |
| Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;$1683823 | &nbsp;&nbsp;&nbsp;&nbsp;$(2978136) |

---

<sup>(1)</sup> Only the current day's variation margin on open futures contracts is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open futures contracts, as applicable.

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Statement of Operations Caption** | &nbsp;&nbsp;&nbsp;&nbsp;**Equity<br> Price** | &nbsp;&nbsp;&nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Net realized gain (loss): | Net realized gain (loss): |  |  |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;$133177 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$133177 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8861 |
| **Total** | &nbsp;&nbsp;&nbsp;&nbsp;**$133177** | &nbsp;&nbsp;&nbsp;&nbsp;**$8861** | &nbsp;&nbsp;&nbsp;&nbsp;**$142038** |
| Change in unrealized appreciation (depreciation): | Change in unrealized appreciation (depreciation): |  |  |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;$(1294313) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1294313) |

---

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The average notional cost of futures contracts and average notional amounts of other derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | | |
|:---|:---|:---|
| **Futures<br> Contracts — Long** | &nbsp;&nbsp;&nbsp;&nbsp;**Futures<br> Contracts — Short** | &nbsp;&nbsp;&nbsp;&nbsp;**Forward<br> Foreign Currency<br> Exchange Contracts<sup>(1)</sup>** |
| $9820000 | &nbsp;&nbsp;&nbsp;&nbsp;$11329000 | &nbsp;&nbsp;&nbsp;&nbsp;$96000 |

---

<sup>(1)</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

10 Line of Credit

The Fund participates with other portfolios and funds managed by EVM and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. 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 generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $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 six months ended April 30, 2026.

11 Affiliated Investments

At April 30, 2026, the value of the Fund's investment in funds that may be deemed to be affiliated was $5,898,756, which represents 1.9% of the Fund's net assets. Transactions in such investments by the Fund for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $— | $47382374 | $(41483618) | $— | $— | $5898756 | $28392 | 5898756 |

---

12 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.

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

At April 30, 2026, the hierarchy of inputs used in valuing the Fund's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Communication Services | &nbsp;&nbsp;$13609789 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$13609789 |
| &nbsp;&nbsp;&nbsp;Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp; 7612634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13611413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21224047 |
| &nbsp;&nbsp;&nbsp;Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp; 1785005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4968210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6753215 |
| &nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp; 7878262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7878262 |
| &nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp; 12542018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30038335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42580353 |
| &nbsp;&nbsp;&nbsp;Health Care | &nbsp;&nbsp;&nbsp;&nbsp; 11332890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5745895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17078785 |
| &nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp; 8185483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16742927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24928410 |
| &nbsp;&nbsp;&nbsp;Information Technology | &nbsp;&nbsp;&nbsp;&nbsp; 37355305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12816347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50171652 |
| &nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2023903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2023903 |
| &nbsp;&nbsp;&nbsp;Real Estate | &nbsp;&nbsp;&nbsp;&nbsp; 1059730 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1059730 |
| &nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp; 2207618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3228893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5436511 |
| **Total Common Stocks** | &nbsp;&nbsp;**$103568734** | &nbsp;&nbsp;&nbsp;&nbsp;**$89,175,923\*\*** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$192744657** |
| Convertible Bonds | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$975539 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$975539 |
| Convertible Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 316834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 316834 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92789916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92789916 |
| Preferred Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Communication Services | &nbsp;&nbsp;&nbsp;&nbsp; 98802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98802 |
| &nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp; 405102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 405102 |
| &nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp; 155754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 155754 |
| **Total Preferred Stocks** | &nbsp;&nbsp;**$659658** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$659658** |
| Senior Floating-Rate Loans | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$6307351 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$6307351 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 5898756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5898756 |
| **Total Investments** | &nbsp;&nbsp;**$110127148** | &nbsp;&nbsp;&nbsp;&nbsp;**$189248729** | &nbsp;&nbsp;&nbsp;&nbsp;**$316834** | &nbsp;&nbsp;&nbsp;&nbsp;**$299692711** |
| Futures Contracts | &nbsp;&nbsp;$1683823 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1683823 |
| **Total** | &nbsp;&nbsp;**$111810971** | &nbsp;&nbsp;&nbsp;&nbsp;**$189248729** | &nbsp;&nbsp;&nbsp;&nbsp;**$316834** | &nbsp;&nbsp;&nbsp;&nbsp;**$301376534** |
| **Liability Description** |  |  |  |  |
| Futures Contracts | &nbsp;&nbsp;$(2978136) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(2978136) |
| **Total** | &nbsp;&nbsp;**$(2978136)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(2978136)** |

---

\* 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 six months ended April 30, 2026 is not presented.

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

Eaton Vance

Global Income Builder Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

13 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, and by acts of terrorism and war. 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.

------

[**Table of Contents**](#JOB_EV_AR_3ac036df-d994-40de-b213-4e85522fa8eb_TOC)

EDIAX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Emerging Markets Local Income Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img06df39c61.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Emerging Markets Local Income Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_0edc3b49-8364-4d31-b0cf-2fbbfeabaa1c_1)** |  |
| [Item 7 of Form N-CSR:](#xx_78e1c583-b7dd-4d58-acfa-b07c497a1019_1) | [Item 7 of Form N-CSR:](#xx_78e1c583-b7dd-4d58-acfa-b07c497a1019_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_78e1c583-b7dd-4d58-acfa-b07c497a1019_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_78e1c583-b7dd-4d58-acfa-b07c497a1019_2) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_78e1c583-b7dd-4d58-acfa-b07c497a1019_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_927aa499-f935-4c92-8d36-b82891e96812_1) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_687541ab-aeb9-4d99-b4d1-b2ec71036312_1) | 7 |
| [Emerging Markets Local Income Portfolio](#xx_48489f51-ce22-46bd-9e90-91745f9b3d28_1) | [Emerging Markets Local Income Portfolio](#xx_48489f51-ce22-46bd-9e90-91745f9b3d28_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_48489f51-ce22-46bd-9e90-91745f9b3d28_1) | [Items 6 and 7 of Form N-CSR:](#xx_48489f51-ce22-46bd-9e90-91745f9b3d28_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_48489f51-ce22-46bd-9e90-91745f9b3d28_1) | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_d5cd8f6a-0618-47e0-9294-b489b4a42ca6_1) | 47 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Eaton Vance

Emerging Markets Local Income Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in Emerging Markets Local Income Portfolio, at value (identified cost $1,691,847,182) | &nbsp;&nbsp;$1714627012 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3109990 |
| **Total assets** | &nbsp;&nbsp;**$1717737002** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$1703694 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53223 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9778 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 |
| Payable for printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175171 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59023 |
| **Total liabilities** | &nbsp;&nbsp;**$2000931** |
| **Net Assets** | &nbsp;&nbsp;**$1715736071** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$1762482669 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(46746598) |
| **Net Assets** | &nbsp;&nbsp;**$1715736071** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$140698582 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39737026 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$3.54 |
| **Maximum Offering Price Per Share <br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$3.66 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$29649000 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8274656 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$3.58 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$1545388489 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436903143 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$3.54 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Eaton Vance

Emerging Markets Local Income Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio | &nbsp;&nbsp;$2641649 |
| Interest income allocated from Portfolio (net of foreign taxes withheld of $1,638,744) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65272462 |
| Other income allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863235 |
| Expenses, excluding interest expense, allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5709279) |
| Interest expense allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(47479) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103854 |
| **Total investment income from Portfolio** | &nbsp;&nbsp;**$63124442** |
| Expenses |  |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$175225 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149729 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32218 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544184 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55361 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180436 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79463 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6969 |
| **Total expenses** | &nbsp;&nbsp;**$1223835** |
| **Net investment income** | &nbsp;&nbsp;**$61900607** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions (net of foreign capital gains taxes of $165,844) | &nbsp;&nbsp;$19702845 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;607369 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108339 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2510750) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4305839 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14857015 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1688971) |
| **Net realized gain** | &nbsp;&nbsp;**$35381686** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments (including net decrease in accrued foreign capital gains taxes of $371,313) | &nbsp;&nbsp;$10079429 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193981 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684278 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;(20944427) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(324972) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8716339 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173370 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(1422002)** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$33959684** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$95860291** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Eaton Vance

Emerging Markets Local Income Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$61900607 | &nbsp;&nbsp;$76376652 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35381686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23816557) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1422002) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99984409 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$95860291** | &nbsp;&nbsp;**$152544504** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(7758855) | &nbsp;&nbsp;$(9635481) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1497693) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2841150) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(76923476) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86845164) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(86180024)** | &nbsp;&nbsp;**$(99321795)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$24580441 | &nbsp;&nbsp;$13025038 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(789926) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5531307) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398483417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213138354 |
| **Net increase in net assets from Fund share transactions** | &nbsp;&nbsp;**$422273932** | &nbsp;&nbsp;**$220632085** |
| **Net increase in net assets** | &nbsp;&nbsp;**$431954199** | &nbsp;&nbsp;**$273854794** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$1283781872 | &nbsp;&nbsp;$1009927078 |
| **At end of period** | &nbsp;&nbsp;**$1715736071** | &nbsp;&nbsp;**$1283781872** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Eaton Vance

Emerging Markets Local Income Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$3.48 | &nbsp;&nbsp;$3.28 | &nbsp;&nbsp;$3.28 | &nbsp;&nbsp;$3.22 | &nbsp;&nbsp;$4.59 | &nbsp;&nbsp;$5.03 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.14 | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.28 | &nbsp;&nbsp;$0.21 | &nbsp;&nbsp;$0.24 | &nbsp;&nbsp;$0.23 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.07 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.25** | &nbsp;&nbsp;**$0.54** | &nbsp;&nbsp;**$0.35** | &nbsp;&nbsp;**$0.47** | &nbsp;&nbsp;**$(0.89)** | &nbsp;&nbsp;**$0.06** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.19) | &nbsp;&nbsp;$(0.34) | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.33) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.12) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.48) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.38) |
| **Total distributions** | &nbsp;&nbsp;**$(0.19)** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.41)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.50)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$3.54** | &nbsp;&nbsp;**$3.48** | &nbsp;&nbsp;**$3.28** | &nbsp;&nbsp;**$3.28** | &nbsp;&nbsp;**$3.22** | &nbsp;&nbsp;**$4.59** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.42%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.44%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.86%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.53%** | &nbsp;&nbsp;&nbsp;&nbsp;**(20.47)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.06%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$140699 | &nbsp;&nbsp;$115331 | &nbsp;&nbsp;$96548 | &nbsp;&nbsp;$95333 | &nbsp;&nbsp;$87883 | &nbsp;&nbsp;$145043 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10%<sup>(6)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.90%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.73% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.99% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.53% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.01%, 0.03% and 0.12% of average daily net assets for six months ended April 30, 2026 and the the years ended October 31, 2025 and 2024, respectively.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.01%, 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Eaton Vance

Emerging Markets Local Income Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$3.52 | &nbsp;&nbsp;$3.32 | &nbsp;&nbsp;$3.31 | &nbsp;&nbsp;$3.26 | &nbsp;&nbsp;$4.65 | &nbsp;&nbsp;$5.08 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$0.24 | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.19 | &nbsp;&nbsp;$0.21 | &nbsp;&nbsp;$0.19 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.08 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.14) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.24** | &nbsp;&nbsp;**$0.52** | &nbsp;&nbsp;**$0.34** | &nbsp;&nbsp;**$0.44** | &nbsp;&nbsp;**$(0.93)** | &nbsp;&nbsp;**$0.04** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.18) | &nbsp;&nbsp;$(0.32) | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$(0.31) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.12) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.46) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.35) |
| **Total distributions** | &nbsp;&nbsp;**$(0.18)** | &nbsp;&nbsp;**$(0.32)** | &nbsp;&nbsp;**$(0.33)** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.46)** | &nbsp;&nbsp;**$(0.47)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$3.58** | &nbsp;&nbsp;**$3.52** | &nbsp;&nbsp;**$3.32** | &nbsp;&nbsp;**$3.31** | &nbsp;&nbsp;**$3.26** | &nbsp;&nbsp;**$4.65** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.89%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16.48%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.36%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.69%** | &nbsp;&nbsp;&nbsp;&nbsp;**(21.31)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.46%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$29649 | &nbsp;&nbsp;$29916 | &nbsp;&nbsp;$33679 | &nbsp;&nbsp;$35271 | &nbsp;&nbsp;$33976 | &nbsp;&nbsp;$58639 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%<sup>(6)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.89%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.19%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.44% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.82% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.01%, 0.03% and 0.12% of average daily net assets for six months ended April 30, 2026 and the the years ended October 31, 2025 and 2024, respectively.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.01%, 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Eaton Vance

Emerging Markets Local Income Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$3.48 | &nbsp;&nbsp;$3.28 | &nbsp;&nbsp;$3.28 | &nbsp;&nbsp;$3.22 | &nbsp;&nbsp;$4.59 | &nbsp;&nbsp;$5.02 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.14 | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$0.29 | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.25 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.07 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.16) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.26** | &nbsp;&nbsp;**$0.55** | &nbsp;&nbsp;**$0.36** | &nbsp;&nbsp;**$0.48** | &nbsp;&nbsp;**$(0.88)** | &nbsp;&nbsp;**$0.09** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.20) | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.34) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.13) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.09) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) |
| **Total distributions** | &nbsp;&nbsp;**$(0.20)** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.36)** | &nbsp;&nbsp;**$(0.42)** | &nbsp;&nbsp;**$(0.49)** | &nbsp;&nbsp;**$(0.52)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$3.54** | &nbsp;&nbsp;**$3.48** | &nbsp;&nbsp;**$3.28** | &nbsp;&nbsp;**$3.28** | &nbsp;&nbsp;**$3.22** | &nbsp;&nbsp;**$4.59** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.58%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.75%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.14%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15.22%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(20.48)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.36%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$1545388 | &nbsp;&nbsp;$1138535 | &nbsp;&nbsp;$879701 | &nbsp;&nbsp;$821658 | &nbsp;&nbsp;$707932 | &nbsp;&nbsp;$1217836 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86%<sup>(6)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.92%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.12%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.99% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.48% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.86% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.01%, 0.03% and 0.12% of average daily net assets for six months ended April 30, 2026 and the the years ended October 31, 2025 and 2024, respectively.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.01%, 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Eaton Vance

Emerging Markets Local Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Emerging Markets Local Income Fund (the Fund) is a non-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 offers three classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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 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. Each class of shares differs in its distribution plan and certain other class-specific expenses. The Fund invests its assets in interests in Emerging Markets Local Income Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objective and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (92.4% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The financial statements of the Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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 required to recognize its pro rata share of the capital gains taxes incurred by the Portfolio. In doing so, the daily net asset value would reflect the Fund's pro rata share of the estimated reserve for such taxes incurred by the Portfolio.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Eaton Vance

Emerging Markets Local Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

The Fund expects to pay any required income distributions monthly and intends to distribute annually all or substantially all of its net realized capital gains. The Fund may include in its distributions amounts attributable to the imputed interest on foreign currency exposures and certain other derivative positions which, in certain circumstances, may result in a return of capital for federal income tax purposes. 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $105,402,936 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, can be carried forward for an unlimited period, and retain the same short-term or long-term character as when originally deferred. Of the deferred capital losses at October 31, 2025, $52,144,104 are short-term and $53,258,832 are long-term.

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 investment adviser fee is computed at an annual rate as a percentage of the Fund's average daily net assets that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser or administrator 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;0.650% |
| $1 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.625% |
| $2 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.600% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.575% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. Pursuant to an investment sub-advisory agreement, EVM has delegated a portion of the investment management of the Fund to Morgan Stanley Investment Management Limited (MSIM Ltd.), an affiliate of EVM and an indirect, wholly-owned subsidiary of Morgan Stanley. EVM pays MSIM Ltd. a portion of its investment adviser fee for sub-advisory services provided to the Fund. To the extent the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR) to render investment advisory services. See Note 2 of the Portfolio's Notes to Financial Statements which are included elsewhere in this report. EVM also serves as the administrator of the Fund, but receives no compensation.

EVM has agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding such expenses as brokerage commissions, acquired fund fees and expenses of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 1.15%, 1.90% and 0.90% of the Fund's average daily net assets for Class A, Class C and Class I, respectively. This agreement may be changed or terminated after March 1, 2027. For the six months ended April 30, 2026, no expenses were waived and/or reimbursed by EVM.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $15,132 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 $10,377 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also 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 or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Eaton Vance

Emerging Markets Local Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 six months ended April 30, 2026 amounted to $175,225 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $112,297 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 six months ended April 30, 2026 amounted to $37,432 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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received less than $100 and $204 of CDSCs paid by Class A and Class C shareholders, respectively.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $476,949,693 and $133,616,728, respectively.

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, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 23939015 | &nbsp;&nbsp;&nbsp;&nbsp;$86075187 | &nbsp;&nbsp;&nbsp;&nbsp; 19499464 | &nbsp;&nbsp;&nbsp;&nbsp;$65556549 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 1847301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6579817 | &nbsp;&nbsp;&nbsp;&nbsp; 2404706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7984370 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(19152646) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68074563) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18230147) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(60515881) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **6633670** | &nbsp;&nbsp;&nbsp;&nbsp;**$24580441** | &nbsp;&nbsp;&nbsp;&nbsp; **3674023** | &nbsp;&nbsp;&nbsp;&nbsp;**$13025038** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 925010 | &nbsp;&nbsp;&nbsp;&nbsp;$3351407 | &nbsp;&nbsp;&nbsp;&nbsp; 1485124 | &nbsp;&nbsp;&nbsp;&nbsp;$5043601 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 400532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1440930 | &nbsp;&nbsp;&nbsp;&nbsp; 825179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2757869 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp; (1545004) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5582263) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3970781) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13332777) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(219462)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(789926)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(1660478)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(5531307)** |

---

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[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Eaton Vance

Emerging Markets Local Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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;165426009 | &nbsp;&nbsp;&nbsp;&nbsp;$595520049 | &nbsp;&nbsp;&nbsp;&nbsp;201270824 | &nbsp;&nbsp;&nbsp;&nbsp;$677018915 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 17856530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63435433 | &nbsp;&nbsp;&nbsp;&nbsp; 23038998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76394582 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(73435727) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(260472065) | &nbsp;&nbsp;&nbsp;&nbsp;(165577960) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(540275143) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**109846812** | &nbsp;&nbsp;&nbsp;&nbsp;**$398483417** | &nbsp;&nbsp;&nbsp;&nbsp; **58731862** | &nbsp;&nbsp;&nbsp;&nbsp;**$213138354** |

---

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[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited)

------

Credit Linked Notes — 0.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| South Africa — 0.1% | South Africa — 0.1% | South Africa — 0.1% | South Africa — 0.1% |
| Absa Bank Ltd. (United Republic of Tanzania): |  |  |  |
| &nbsp;&nbsp;&nbsp;13.50%, 8/2/35<sup>(1)</sup> | TZS | &nbsp;&nbsp;&nbsp;&nbsp;3104000 | &nbsp;&nbsp;$1417902 |
| &nbsp;&nbsp;&nbsp;13.75%, 9/27/50<sup>(1)</sup> | TZS | &nbsp;&nbsp;&nbsp;&nbsp;1044300 | &nbsp;&nbsp;&nbsp;&nbsp; 461695 |
| Total Credit Linked Notes<br> (identified cost $1,833,545) |  |  | &nbsp;&nbsp;**$1879597** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Foreign Corporate Bonds — 5.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Angola — 0.1% | Angola — 0.1% | Angola — 0.1% | Angola — 0.1% |
| Sonangol Finance Ltd., 10.00%, 1/29/31<sup>(2)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1476 | &nbsp;&nbsp;$1511641 |
|  |  |  | &nbsp;&nbsp;**$1511641** |
| Brazil — 0.5% | Brazil — 0.5% | Brazil — 0.5% | Brazil — 0.5% |
| Simpar Finance SARL, 10.75%, 2/12/28<sup>(2)</sup> | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53195 | &nbsp;&nbsp;$8650253 |
|  |  |  | &nbsp;&nbsp;**$8650253** |
| Colombia — 0.2% | Colombia — 0.2% | Colombia — 0.2% | Colombia — 0.2% |
| Patrimonio Autonomo Union Del Sur, 6.66%, 2/28/41<sup>(3)</sup> | COP | 18034065 | &nbsp;&nbsp;$4361693 |
|  |  |  | &nbsp;&nbsp;**$4361693** |
| Georgia — 0.1% | Georgia — 0.1% | Georgia — 0.1% | Georgia — 0.1% |
| TBC Bank Group PLC, 22.00%, 6/5/28<sup>(3)</sup> | UZS | 30470000 | &nbsp;&nbsp;$2565202 |
|  |  |  | &nbsp;&nbsp;**$2565202** |
| Kazakhstan — 0.2% | Kazakhstan — 0.2% | Kazakhstan — 0.2% | Kazakhstan — 0.2% |
| Development Bank of Kazakhstan JSC, 13.00%, 4/15/27<sup>(3)</sup> | KZT | &nbsp;&nbsp;&nbsp;&nbsp;2076500 | &nbsp;&nbsp;$4345750 |
|  |  |  | &nbsp;&nbsp;**$4345750** |
| Netherlands — 0.8% | Netherlands — 0.8% | Netherlands — 0.8% | Netherlands — 0.8% |
| Heritage Lending Group BV, 19.50%, 5/5/29 | UZS | 167368000 | &nbsp;&nbsp;$14020239 |
|  |  |  | &nbsp;&nbsp;**$14020239** |
| Peru — 0.1% | Peru — 0.1% | Peru — 0.1% | Peru — 0.1% |
| Integratel Peru SAA, 7.375%, 4/10/27<sup>(3)(4)</sup> | PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24500 | &nbsp;&nbsp;$2619163 |
|  |  |  | &nbsp;&nbsp;**$2619163** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Supranational — 0.4% | Supranational — 0.4% | Supranational — 0.4% | Supranational — 0.4% |
| Asian Development Bank, 14.50%, 6/26/28 | UZS | 14946700 | &nbsp;&nbsp;$1292462 |
| Corp. Andina de Fomento: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 4/4/34<sup>(2)</sup> | INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272000 | &nbsp;&nbsp;&nbsp;&nbsp; 2751043 |
| &nbsp;&nbsp;&nbsp;8.25%, 4/26/34 | INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221000 | &nbsp;&nbsp;&nbsp;&nbsp; 2325170 |
| European Bank for Reconstruction & Development, 17.35%, 3/1/27<sup>(2)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601 | &nbsp;&nbsp;&nbsp;&nbsp; 627895 |
|  |  |  | &nbsp;&nbsp;**$6996570** |
| Uzbekistan — 2.1% | Uzbekistan — 2.1% | Uzbekistan — 2.1% | Uzbekistan — 2.1% |
| Ipoteka-Bank ATIB: |  |  |  |
| &nbsp;&nbsp;&nbsp;17.50%, 10/9/28<sup>(2)</sup> | UZS | 31300000 | &nbsp;&nbsp;$2710362 |
| &nbsp;&nbsp;&nbsp;20.50%, 4/25/27<sup>(2)</sup> | UZS | 25170000 | &nbsp;&nbsp;&nbsp;&nbsp; 2219107 |
| JSCB Agrobank, 20.75%, 9/15/28 | UZS | 177800000 | &nbsp;&nbsp;&nbsp;&nbsp; 15591280 |
| Uzbek Industrial & Construction Bank ATB: |  |  |  |
| &nbsp;&nbsp;&nbsp;19.95%, 4/25/28<sup>(2)</sup> | UZS | 42550000 | &nbsp;&nbsp;&nbsp;&nbsp; 3880428 |
| &nbsp;&nbsp;&nbsp;21.00%, 7/24/27<sup>(2)</sup> | UZS | 155110000 | &nbsp;&nbsp;&nbsp;&nbsp; 14035421 |
|  |  |  | &nbsp;&nbsp;**$38436598** |
| Venezuela — 0.6% | Venezuela — 0.6% | Venezuela — 0.6% | Venezuela — 0.6% |
| Petroleos de Venezuela SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 4/12/27<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3858 | &nbsp;&nbsp;$1461331 |
| &nbsp;&nbsp;&nbsp;6.00%, 10/28/22<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532 | &nbsp;&nbsp;&nbsp;&nbsp; 190190 |
| &nbsp;&nbsp;&nbsp;6.00%, 5/16/24<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7321 | &nbsp;&nbsp;&nbsp;&nbsp; 2890900 |
| &nbsp;&nbsp;&nbsp;6.00%, 11/15/26<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10180 | &nbsp;&nbsp;&nbsp;&nbsp; 4046463 |
| &nbsp;&nbsp;&nbsp;9.00%, 11/17/21<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1706 | &nbsp;&nbsp;&nbsp;&nbsp; 776230 |
| &nbsp;&nbsp;&nbsp;9.75%, 5/17/35<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2498 | &nbsp;&nbsp;&nbsp;&nbsp; 1183522 |
| &nbsp;&nbsp;&nbsp;12.75%, 2/17/22<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1946 | &nbsp;&nbsp;&nbsp;&nbsp; 1001114 |
|  |  |  | &nbsp;&nbsp;**$11549750** |
| Total Foreign Corporate Bonds<br> (identified cost $90,838,363) |  |  | &nbsp;&nbsp;**$95056859** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Loan Participation Notes — 0.4%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Uzbekistan — 0.4% | Uzbekistan — 0.4% | Uzbekistan — 0.4% | Uzbekistan — 0.4% |
| Europe Asia Investment Finance BV (borrower - Joint Stock Commercial Bank "Asaka"), 18.70%, 7/21/26<sup>(2)(5)(6)</sup> | UZS | 84113385 | &nbsp;&nbsp;$7062266 |
| Total Loan Participation Notes<br> (identified cost $7,210,917) |  |  | &nbsp;&nbsp;**$7062266** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

Sovereign Government Bonds — 55.6%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Albania — 1.4% | Albania — 1.4% | Albania — 1.4% | Albania — 1.4% |
| Albanian Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 1/10/28 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | &nbsp;&nbsp;$197819 |
| &nbsp;&nbsp;&nbsp;3.90%, 1/22/30 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79200 | &nbsp;&nbsp;&nbsp;&nbsp; 996102 |
| &nbsp;&nbsp;&nbsp;4.05%, 2/7/32 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106400 | &nbsp;&nbsp;&nbsp;&nbsp; 1335370 |
| &nbsp;&nbsp;&nbsp;4.30%, 7/10/27 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383300 | &nbsp;&nbsp;&nbsp;&nbsp; 4756467 |
| &nbsp;&nbsp;&nbsp;4.70%, 2/23/27 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91000 | &nbsp;&nbsp;&nbsp;&nbsp; 1129583 |
| &nbsp;&nbsp;&nbsp;4.95%, 7/22/29 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699000 | &nbsp;&nbsp;&nbsp;&nbsp; 9086672 |
| &nbsp;&nbsp;&nbsp;5.25%, 1/26/29 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567800 | &nbsp;&nbsp;&nbsp;&nbsp; 7379234 |
| &nbsp;&nbsp;&nbsp;5.59%, 2/19/40 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40900 | &nbsp;&nbsp;&nbsp;&nbsp; 531775 |
| &nbsp;&nbsp;&nbsp;6.13%, 7/25/34 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38700 | &nbsp;&nbsp;&nbsp;&nbsp; 533516 |
|  |  |  | &nbsp;&nbsp;**$25946538** |
| Angola — 0.1% | Angola — 0.1% | Angola — 0.1% | Angola — 0.1% |
| Angola Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.125%, 11/26/49<sup>(2)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;954 | &nbsp;&nbsp;$913207 |
| &nbsp;&nbsp;&nbsp;9.244%, 1/15/31<sup>(2)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1360 | &nbsp;&nbsp;&nbsp;&nbsp; 1452570 |
|  |  |  | &nbsp;&nbsp;**$2365777** |
| Armenia — 1.9% | Armenia — 1.9% | Armenia — 1.9% | Armenia — 1.9% |
| Republic of Armenia Treasury Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.60%, 4/29/30 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;1955842 | &nbsp;&nbsp;$5419659 |
| &nbsp;&nbsp;&nbsp;9.00%, 10/29/35 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;4207412 | &nbsp;&nbsp;&nbsp;&nbsp; 11652379 |
| &nbsp;&nbsp;&nbsp;9.60%, 10/29/33 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;4512022 | &nbsp;&nbsp;&nbsp;&nbsp; 12993143 |
| &nbsp;&nbsp;&nbsp;9.75%, 10/29/50 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792413 | &nbsp;&nbsp;&nbsp;&nbsp; 2312439 |
| &nbsp;&nbsp;&nbsp;9.75%, 10/29/52 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862400 | &nbsp;&nbsp;&nbsp;&nbsp; 2510807 |
|  |  |  | &nbsp;&nbsp;**$34888427** |
| Barbados — 0.2% | Barbados — 0.2% | Barbados — 0.2% | Barbados — 0.2% |
| Barbados Government International Bonds, 8.00%, 6/26/35<sup>(2)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3795 | &nbsp;&nbsp;$4079056 |
|  |  |  | &nbsp;&nbsp;**$4079056** |
| Bosnia and Herzegovina — 0.0%<sup>†</sup> | Bosnia and Herzegovina — 0.0%<sup>†</sup> | Bosnia and Herzegovina — 0.0%<sup>†</sup> | Bosnia and Herzegovina — 0.0%<sup>†</sup> |
| Republic of Srpska Treasury Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 9/25/26 | BAM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36 | &nbsp;&nbsp;$21581 |
| &nbsp;&nbsp;&nbsp;1.50%, 9/26/27 | BAM | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22 | &nbsp;&nbsp;&nbsp;&nbsp; 12826 |
|  |  |  | &nbsp;&nbsp;**$34407** |
| Brazil — 2.6% | Brazil — 2.6% | Brazil — 2.6% | Brazil — 2.6% |
| Brazil Letras do Tesouro Nacional, 0.00%, 7/1/26 | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124000 | &nbsp;&nbsp;$24501301 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Brazil (continued) | Brazil (continued) | Brazil (continued) | Brazil (continued) |
| Brazil Notas do Tesouro Nacional: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 5/15/35<sup>(7)</sup> | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22865 | &nbsp;&nbsp;$20279282 |
| &nbsp;&nbsp;&nbsp;10.00%, 1/1/27 | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22375 | &nbsp;&nbsp;&nbsp;&nbsp; 4415993 |
|  |  |  | &nbsp;&nbsp;**$49196576** |
| Colombia — 2.4% | Colombia — 2.4% | Colombia — 2.4% | Colombia — 2.4% |
| Colombia TES: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 3/26/31 | COP | 20123600 | &nbsp;&nbsp;$4217598 |
| &nbsp;&nbsp;&nbsp;7.00%, 6/30/32 | COP | &nbsp;&nbsp;&nbsp;&nbsp;1610000 | &nbsp;&nbsp;&nbsp;&nbsp; 319378 |
| &nbsp;&nbsp;&nbsp;11.75%, 1/24/35 | COP | 85828700 | &nbsp;&nbsp;&nbsp;&nbsp; 21466515 |
| &nbsp;&nbsp;&nbsp;12.50%, 2/27/30 | COP | 11873000 | &nbsp;&nbsp;&nbsp;&nbsp; 3089338 |
| &nbsp;&nbsp;&nbsp;13.25%, 2/9/33 | COP | 56811100 | &nbsp;&nbsp;&nbsp;&nbsp; 15091816 |
|  |  |  | &nbsp;&nbsp;**$44184645** |
| Congo — 0.2% | Congo — 0.2% | Congo — 0.2% | Congo — 0.2% |
| DRC International Bonds, 9.50%, 4/16/37<sup>(2)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3025 | &nbsp;&nbsp;$3094314 |
|  |  |  | &nbsp;&nbsp;**$3094314** |
| Czech Republic — 0.3% | Czech Republic — 0.3% | Czech Republic — 0.3% | Czech Republic — 0.3% |
| Czech Republic Government Bonds, 4.50%, 11/11/32 | CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108140 | &nbsp;&nbsp;$5166076 |
|  |  |  | &nbsp;&nbsp;**$5166076** |
| Dominican Republic — 0.2% | Dominican Republic — 0.2% | Dominican Republic — 0.2% | Dominican Republic — 0.2% |
| Dominican Republic Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;10.75%, 6/1/36<sup>(2)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23100 | &nbsp;&nbsp;$413418 |
| &nbsp;&nbsp;&nbsp;11.25%, 9/15/35<sup>(3)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112750 | &nbsp;&nbsp;&nbsp;&nbsp; 2091529 |
| &nbsp;&nbsp;&nbsp;11.25%, 9/15/35<sup>(2)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32900 | &nbsp;&nbsp;&nbsp;&nbsp; 610300 |
| &nbsp;&nbsp;&nbsp;13.625%, 2/3/33<sup>(2)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp; 281828 |
|  |  |  | &nbsp;&nbsp;**$3397075** |
| Egypt — 1.4% | Egypt — 1.4% | Egypt — 1.4% | Egypt — 1.4% |
| Egypt Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;19.98%, 5/20/30 | EGP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826542 | &nbsp;&nbsp;$15346302 |
| &nbsp;&nbsp;&nbsp;24.458%, 10/1/27 | EGP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547557 | &nbsp;&nbsp;&nbsp;&nbsp; 10142804 |
|  |  |  | &nbsp;&nbsp;**$25489106** |
| Ethiopia — 0.8% | Ethiopia — 0.8% | Ethiopia — 0.8% | Ethiopia — 0.8% |
| Ethiopia Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 12/11/24<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13254 | &nbsp;&nbsp;$13681574 |
| &nbsp;&nbsp;&nbsp;6.625%, 12/11/24<sup>(3)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781 | &nbsp;&nbsp;&nbsp;&nbsp; 806195 |
|  |  |  | &nbsp;&nbsp;**$14487769** |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Guatemala — 0.0%<sup>†</sup> | Guatemala — 0.0%<sup>†</sup> | Guatemala — 0.0%<sup>†</sup> | Guatemala — 0.0%<sup>†</sup> |
| Guatemala Government International Bonds, 6.60%, 6/13/36<sup>(2)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822 | &nbsp;&nbsp;$883650 |
|  |  |  | &nbsp;&nbsp;**$883650** |
| Hungary — 1.5% | Hungary — 1.5% | Hungary — 1.5% | Hungary — 1.5% |
| Hungary Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 10/27/38 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;7154370 | &nbsp;&nbsp;$17112138 |
| &nbsp;&nbsp;&nbsp;3.00%, 4/25/41 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;2898150 | &nbsp;&nbsp;&nbsp;&nbsp; 6629704 |
| &nbsp;&nbsp;&nbsp;4.00%, 4/28/51 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292850 | &nbsp;&nbsp;&nbsp;&nbsp; 696245 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/24/35 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;989290 | &nbsp;&nbsp;&nbsp;&nbsp; 3424879 |
|  |  |  | &nbsp;&nbsp;**$27862966** |
| India — 1.3% | India — 1.3% | India — 1.3% | India — 1.3% |
| India Government Bonds, 7.24%, 8/18/55 | INR | &nbsp;&nbsp;&nbsp;&nbsp;2316300 | &nbsp;&nbsp;$23472265 |
|  |  |  | &nbsp;&nbsp;**$23472265** |
| Indonesia — 3.2% | Indonesia — 3.2% | Indonesia — 3.2% | Indonesia — 3.2% |
| Indonesia Treasury Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 4/15/32 | IDR | 50050000 | &nbsp;&nbsp;$2812507 |
| &nbsp;&nbsp;&nbsp;6.50%, 4/15/36 | IDR | 132890000 | &nbsp;&nbsp;&nbsp;&nbsp; 7458883 |
| &nbsp;&nbsp;&nbsp;6.75%, 7/15/35 | IDR | 166600000 | &nbsp;&nbsp;&nbsp;&nbsp; 9552311 |
| &nbsp;&nbsp;&nbsp;7.125%, 6/15/38 | IDR | 163285000 | &nbsp;&nbsp;&nbsp;&nbsp; 9539527 |
| &nbsp;&nbsp;&nbsp;7.50%, 6/15/35 | IDR | 129185000 | &nbsp;&nbsp;&nbsp;&nbsp; 7747731 |
| &nbsp;&nbsp;&nbsp;7.50%, 5/15/38 | IDR | 139015000 | &nbsp;&nbsp;&nbsp;&nbsp; 8454698 |
| &nbsp;&nbsp;&nbsp;7.50%, 4/15/40 | IDR | 25124000 | &nbsp;&nbsp;&nbsp;&nbsp; 1513769 |
| &nbsp;&nbsp;&nbsp;8.25%, 5/15/36 | IDR | 195920000 | &nbsp;&nbsp;&nbsp;&nbsp; 12432601 |
|  |  |  | &nbsp;&nbsp;**$59512027** |
| Kazakhstan — 2.1% | Kazakhstan — 2.1% | Kazakhstan — 2.1% | Kazakhstan — 2.1% |
| Kazakhstan Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/18/28 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;1234276 | &nbsp;&nbsp;$2188025 |
| &nbsp;&nbsp;&nbsp;5.50%, 9/20/28 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34685 | &nbsp;&nbsp;&nbsp;&nbsp; 60018 |
| &nbsp;&nbsp;&nbsp;5.50%, 4/24/32 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565995 | &nbsp;&nbsp;&nbsp;&nbsp; 764297 |
| &nbsp;&nbsp;&nbsp;7.22%, 12/10/28 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377330 | &nbsp;&nbsp;&nbsp;&nbsp; 670165 |
| &nbsp;&nbsp;&nbsp;7.68%, 8/13/29 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490529 | &nbsp;&nbsp;&nbsp;&nbsp; 852365 |
| &nbsp;&nbsp;&nbsp;8.44%, 5/10/31 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207531 | &nbsp;&nbsp;&nbsp;&nbsp; 341015 |
| &nbsp;&nbsp;&nbsp;8.66%, 4/4/33 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;2905555 | &nbsp;&nbsp;&nbsp;&nbsp; 4512757 |
| &nbsp;&nbsp;&nbsp;10.55%, 7/28/29 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;1782069 | &nbsp;&nbsp;&nbsp;&nbsp; 3365917 |
| &nbsp;&nbsp;&nbsp;10.69%, 8/23/33 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399269 | &nbsp;&nbsp;&nbsp;&nbsp; 685137 |
| &nbsp;&nbsp;&nbsp;11.05%, 1/28/37 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141907 | &nbsp;&nbsp;&nbsp;&nbsp; 233732 |
| &nbsp;&nbsp;&nbsp;14.00%, 5/12/31 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;2398144 | &nbsp;&nbsp;&nbsp;&nbsp; 4891277 |
| &nbsp;&nbsp;&nbsp;14.00%, 5/19/32 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52027 | &nbsp;&nbsp;&nbsp;&nbsp; 105647 |
| &nbsp;&nbsp;&nbsp;14.00%, 2/13/35 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;2346899 | &nbsp;&nbsp;&nbsp;&nbsp; 4704299 |
| &nbsp;&nbsp;&nbsp;14.45%, 6/5/33 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186299 | &nbsp;&nbsp;&nbsp;&nbsp; 383631 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Kazakhstan (continued) | Kazakhstan (continued) | Kazakhstan (continued) | Kazakhstan (continued) |
| Kazakhstan Government Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;14.50%, 3/6/34 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75467 | &nbsp;&nbsp;$155360 |
| &nbsp;&nbsp;&nbsp;14.60%, 3/6/32 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36548 | &nbsp;&nbsp;&nbsp;&nbsp; 75914 |
| &nbsp;&nbsp;&nbsp;15.18%, 2/5/32 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;3902436 | &nbsp;&nbsp;&nbsp;&nbsp; 8278515 |
| &nbsp;&nbsp;&nbsp;16.95%, 10/9/30 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;2713728 | &nbsp;&nbsp;&nbsp;&nbsp; 6096697 |
|  |  |  | &nbsp;&nbsp;**$38364768** |
| Lebanon — 0.4% | Lebanon — 0.4% | Lebanon — 0.4% | Lebanon — 0.4% |
| Lebanon Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.80%, 4/14/20<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4215 | &nbsp;&nbsp;$1074825 |
| &nbsp;&nbsp;&nbsp;6.00%, 1/27/23<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1912 | &nbsp;&nbsp;&nbsp;&nbsp; 484931 |
| &nbsp;&nbsp;&nbsp;6.10%, 10/4/22<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4917 | &nbsp;&nbsp;&nbsp;&nbsp; 1244394 |
| &nbsp;&nbsp;&nbsp;6.15%, 6/19/20<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1043 | &nbsp;&nbsp;&nbsp;&nbsp; 264172 |
| &nbsp;&nbsp;&nbsp;6.20%, 2/26/25<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp; 253349 |
| &nbsp;&nbsp;&nbsp;6.25%, 5/27/22<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;578 | &nbsp;&nbsp;&nbsp;&nbsp; 146537 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/4/24<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;966 | &nbsp;&nbsp;&nbsp;&nbsp; 244700 |
| &nbsp;&nbsp;&nbsp;6.25%, 6/12/25<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582 | &nbsp;&nbsp;&nbsp;&nbsp; 148410 |
| &nbsp;&nbsp;&nbsp;6.375%, 3/9/20<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2062 | &nbsp;&nbsp;&nbsp;&nbsp; 523882 |
| &nbsp;&nbsp;&nbsp;6.40%, 5/26/23<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6373 | &nbsp;&nbsp;&nbsp;&nbsp; 1625593 |
| &nbsp;&nbsp;&nbsp;6.60%, 11/27/26<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 72369 |
| &nbsp;&nbsp;&nbsp;6.65%, 4/22/24<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1667 | &nbsp;&nbsp;&nbsp;&nbsp; 425168 |
| &nbsp;&nbsp;&nbsp;6.65%, 11/3/28<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417 | &nbsp;&nbsp;&nbsp;&nbsp; 106229 |
| &nbsp;&nbsp;&nbsp;6.65%, 2/26/30<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 | &nbsp;&nbsp;&nbsp;&nbsp; 10815 |
| &nbsp;&nbsp;&nbsp;6.75%, 11/29/27<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604 | &nbsp;&nbsp;&nbsp;&nbsp; 154725 |
| &nbsp;&nbsp;&nbsp;6.85%, 3/23/27<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp; 124559 |
| &nbsp;&nbsp;&nbsp;6.85%, 5/25/29<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp; 243749 |
| &nbsp;&nbsp;&nbsp;7.00%, 12/3/24<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp; 25139 |
| &nbsp;&nbsp;&nbsp;7.00%, 3/20/28<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1504 | &nbsp;&nbsp;&nbsp;&nbsp; 385158 |
| &nbsp;&nbsp;&nbsp;7.00%, 4/22/31<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69 | &nbsp;&nbsp;&nbsp;&nbsp; 18089 |
| &nbsp;&nbsp;&nbsp;7.00%, 3/23/32<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647 | &nbsp;&nbsp;&nbsp;&nbsp; 169747 |
| &nbsp;&nbsp;&nbsp;7.05%, 11/2/35<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 3929 |
| &nbsp;&nbsp;&nbsp;7.25%, 3/23/37<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547 | &nbsp;&nbsp;&nbsp;&nbsp; 142825 |
| &nbsp;&nbsp;&nbsp;8.20%, 5/17/33<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 3956 |
| &nbsp;&nbsp;&nbsp;8.25%, 4/12/21<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1657 | &nbsp;&nbsp;&nbsp;&nbsp; 440402 |
|  |  |  | &nbsp;&nbsp;**$8337652** |
| Malaysia — 0.2% | Malaysia — 0.2% | Malaysia — 0.2% | Malaysia — 0.2% |
| Malaysia Government Bonds, 3.757%, 5/22/40 | MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17415 | &nbsp;&nbsp;$4349904 |
|  |  |  | &nbsp;&nbsp;**$4349904** |
| Mexico — 9.0% | Mexico — 9.0% | Mexico — 9.0% | Mexico — 9.0% |
| Mexican Bonos: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 5/26/33 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161360 | &nbsp;&nbsp;$8500853 |
| &nbsp;&nbsp;&nbsp;7.75%, 5/29/31 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296089 | &nbsp;&nbsp;&nbsp;&nbsp; 16280263 |

---

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Mexico (continued) | Mexico (continued) | Mexico (continued) | Mexico (continued) |
| Mexican Bonos: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;7.75%, 11/23/34 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577544 | &nbsp;&nbsp;$30308131 |
| &nbsp;&nbsp;&nbsp;7.75%, 11/13/42 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;318000 | &nbsp;&nbsp;&nbsp;&nbsp; 15293910 |
| &nbsp;&nbsp;&nbsp;8.00%, 2/21/36 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421214 | &nbsp;&nbsp;&nbsp;&nbsp; 22210974 |
| &nbsp;&nbsp;&nbsp;8.00%, 7/31/53 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201119 | &nbsp;&nbsp;&nbsp;&nbsp; 9613023 |
| &nbsp;&nbsp;&nbsp;8.50%, 3/2/28 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;&nbsp;&nbsp; 23216189 |
| &nbsp;&nbsp;&nbsp;8.50%, 3/1/29 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389604 | &nbsp;&nbsp;&nbsp;&nbsp; 22473416 |
| &nbsp;&nbsp;&nbsp;8.50%, 11/18/38 | MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354748 | &nbsp;&nbsp;&nbsp;&nbsp; 18815454 |
|  |  |  | &nbsp;&nbsp;**$166712213** |
| Mongolia — 0.1% | Mongolia — 0.1% | Mongolia — 0.1% | Mongolia — 0.1% |
| Mongolia Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 2/25/30<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$205977 |
| &nbsp;&nbsp;&nbsp;6.625%, 2/25/30<sup>(2)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2059773 |
|  |  |  | &nbsp;&nbsp;**$2265750** |
| Montenegro — 0.4% | Montenegro — 0.4% | Montenegro — 0.4% | Montenegro — 0.4% |
| Montenegro Government International Bonds, 4.875%, 4/1/32<sup>(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5762 | &nbsp;&nbsp;$6807579 |
|  |  |  | &nbsp;&nbsp;**$6807579** |
| Nigeria — 0.6% | Nigeria — 0.6% | Nigeria — 0.6% | Nigeria — 0.6% |
| Nigeria Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;17.95%, 6/25/32 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;6194207 | &nbsp;&nbsp;$4745026 |
| &nbsp;&nbsp;&nbsp;18.50%, 2/21/31 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;1701561 | &nbsp;&nbsp;&nbsp;&nbsp; 1324631 |
| &nbsp;&nbsp;&nbsp;19.00%, 2/21/34 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;3408775 | &nbsp;&nbsp;&nbsp;&nbsp; 2816226 |
| &nbsp;&nbsp;&nbsp;22.60%, 1/29/35 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;1814998 | &nbsp;&nbsp;&nbsp;&nbsp; 1765670 |
|  |  |  | &nbsp;&nbsp;**$10651553** |
| Paraguay — 0.8% | Paraguay — 0.8% | Paraguay — 0.8% | Paraguay — 0.8% |
| Paraguay Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.90%, 2/9/31<sup>(3)</sup> | PYG | 72044000 | &nbsp;&nbsp;$11799688 |
| &nbsp;&nbsp;&nbsp;7.90%, 2/9/31<sup>(2)</sup> | PYG | 11541000 | &nbsp;&nbsp;&nbsp;&nbsp; 1890237 |
| &nbsp;&nbsp;&nbsp;8.50%, 3/4/35<sup>(3)</sup> | PYG | &nbsp;&nbsp;&nbsp;&nbsp;3665000 | &nbsp;&nbsp;&nbsp;&nbsp; 606664 |
|  |  |  | &nbsp;&nbsp;**$14296589** |
| Peru — 1.3% | Peru — 1.3% | Peru — 1.3% | Peru — 1.3% |
| Peru Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.35%, 8/12/40 | PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15335 | &nbsp;&nbsp;$3730223 |
| &nbsp;&nbsp;&nbsp;5.40%, 8/12/34 | PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9879 | &nbsp;&nbsp;&nbsp;&nbsp; 2727594 |
| &nbsp;&nbsp;&nbsp;6.85%, 8/12/35<sup>(2)(3)</sup> | PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28472 | &nbsp;&nbsp;&nbsp;&nbsp; 8468961 |
| &nbsp;&nbsp;&nbsp;6.90%, 8/12/37 | PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12470 | &nbsp;&nbsp;&nbsp;&nbsp; 3604442 |
| &nbsp;&nbsp;&nbsp;7.60%, 8/12/39<sup>(2)(3)</sup> | PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19620 | &nbsp;&nbsp;&nbsp;&nbsp; 5894266 |
|  |  |  | &nbsp;&nbsp;**$24425486** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Poland — 1.8% | Poland — 1.8% | Poland — 1.8% | Poland — 1.8% |
| Republic of Poland Government Bonds, 2.00%, 8/25/36<sup>(7)</sup> | PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134992 | &nbsp;&nbsp;$34178392 |
|  |  |  | &nbsp;&nbsp;**$34178392** |
| Romania — 3.5% | Romania — 3.5% | Romania — 3.5% | Romania — 3.5% |
| Romania Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 10/25/27 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70650 | &nbsp;&nbsp;$15104967 |
| &nbsp;&nbsp;&nbsp;3.25%, 6/24/26 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57650 | &nbsp;&nbsp;&nbsp;&nbsp; 12970244 |
| &nbsp;&nbsp;&nbsp;4.15%, 1/26/28 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21190 | &nbsp;&nbsp;&nbsp;&nbsp; 4609747 |
| &nbsp;&nbsp;&nbsp;4.25%, 4/28/36 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53945 | &nbsp;&nbsp;&nbsp;&nbsp; 9673579 |
| &nbsp;&nbsp;&nbsp;5.80%, 7/26/27 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16020 | &nbsp;&nbsp;&nbsp;&nbsp; 3596831 |
| &nbsp;&nbsp;&nbsp;6.75%, 4/25/35 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17515 | &nbsp;&nbsp;&nbsp;&nbsp; 3833030 |
| &nbsp;&nbsp;&nbsp;7.10%, 7/31/34 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30115 | &nbsp;&nbsp;&nbsp;&nbsp; 6800558 |
| &nbsp;&nbsp;&nbsp;7.20%, 10/30/33 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15050 | &nbsp;&nbsp;&nbsp;&nbsp; 3390710 |
| &nbsp;&nbsp;&nbsp;7.25%, 7/30/40 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3710 | &nbsp;&nbsp;&nbsp;&nbsp; 835702 |
| &nbsp;&nbsp;&nbsp;7.90%, 2/24/38 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9130 | &nbsp;&nbsp;&nbsp;&nbsp; 2172083 |
| &nbsp;&nbsp;&nbsp;8.75%, 10/30/28 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6025 | &nbsp;&nbsp;&nbsp;&nbsp; 1428416 |
|  |  |  | &nbsp;&nbsp;**$64415867** |
| Serbia — 0.6% | Serbia — 0.6% | Serbia — 0.6% | Serbia — 0.6% |
| Serbia Treasury Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 8/20/32 | RSD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255910 | &nbsp;&nbsp;$2470225 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/26/31 | RSD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;780260 | &nbsp;&nbsp;&nbsp;&nbsp; 8510878 |
|  |  |  | &nbsp;&nbsp;**$10981103** |
| South Africa — 8.1% | South Africa — 8.1% | South Africa — 8.1% | South Africa — 8.1% |
| Republic of South Africa Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 1/31/30 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201829 | &nbsp;&nbsp;$12047292 |
| &nbsp;&nbsp;&nbsp;8.25%, 3/31/32 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261204 | &nbsp;&nbsp;&nbsp;&nbsp; 15503704 |
| &nbsp;&nbsp;&nbsp;8.50%, 1/31/37 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249325 | &nbsp;&nbsp;&nbsp;&nbsp; 14411070 |
| &nbsp;&nbsp;&nbsp;8.75%, 1/31/44 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321767 | &nbsp;&nbsp;&nbsp;&nbsp; 18227682 |
| &nbsp;&nbsp;&nbsp;8.75%, 2/28/48 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227694 | &nbsp;&nbsp;&nbsp;&nbsp; 12922293 |
| &nbsp;&nbsp;&nbsp;8.875%, 2/28/35 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573886 | &nbsp;&nbsp;&nbsp;&nbsp; 34664157 |
| &nbsp;&nbsp;&nbsp;9.00%, 1/31/40 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579320 | &nbsp;&nbsp;&nbsp;&nbsp; 34027451 |
| &nbsp;&nbsp;&nbsp;10.00%, 3/31/33 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131100 | &nbsp;&nbsp;&nbsp;&nbsp; 8430065 |
|  |  |  | &nbsp;&nbsp;**$150233714** |
| Sri Lanka — 1.0% | Sri Lanka — 1.0% | Sri Lanka — 1.0% | Sri Lanka — 1.0% |
| Sri Lanka Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.00%, 6/1/33 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110000 | &nbsp;&nbsp;$312722 |
| &nbsp;&nbsp;&nbsp;9.00%, 11/1/33 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161000 | &nbsp;&nbsp;&nbsp;&nbsp; 455881 |
| &nbsp;&nbsp;&nbsp;9.75%, 7/1/30 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;1365000 | &nbsp;&nbsp;&nbsp;&nbsp; 4232153 |
| &nbsp;&nbsp;&nbsp;10.25%, 9/15/34 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;1018000 | &nbsp;&nbsp;&nbsp;&nbsp; 3064151 |
| &nbsp;&nbsp;&nbsp;10.35%, 10/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp; 190526 |

---

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Sri Lanka (continued) | Sri Lanka (continued) | Sri Lanka (continued) | Sri Lanka (continued) |
| Sri Lanka Government Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;11.00%, 10/15/28 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;1195000 | &nbsp;&nbsp;$3851644 |
| &nbsp;&nbsp;&nbsp;11.00%, 9/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp; 290828 |
| &nbsp;&nbsp;&nbsp;11.00%, 12/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759000 | &nbsp;&nbsp;&nbsp;&nbsp; 2452207 |
| &nbsp;&nbsp;&nbsp;11.00%, 5/15/30 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;&nbsp; 87312 |
| &nbsp;&nbsp;&nbsp;11.00%, 10/15/30 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531000 | &nbsp;&nbsp;&nbsp;&nbsp; 1716357 |
| &nbsp;&nbsp;&nbsp;11.25%, 3/15/31 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp; 81427 |
| &nbsp;&nbsp;&nbsp;11.50%, 12/15/32 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;591000 | &nbsp;&nbsp;&nbsp;&nbsp; 1913879 |
|  |  |  | &nbsp;&nbsp;**$18649087** |
| Suriname — 0.7% | Suriname — 0.7% | Suriname — 0.7% | Suriname — 0.7% |
| Suriname Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.70%, 11/6/30<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2570 | &nbsp;&nbsp;$2674727 |
| &nbsp;&nbsp;&nbsp;7.70%, 11/6/30<sup>(2)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1007 | &nbsp;&nbsp;&nbsp;&nbsp; 1048035 |
| &nbsp;&nbsp;&nbsp;8.50%, 11/6/35<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9548 | &nbsp;&nbsp;&nbsp;&nbsp; 10375812 |
|  |  |  | &nbsp;&nbsp;**$14098574** |
| Thailand — 0.8% | Thailand — 0.8% | Thailand — 0.8% | Thailand — 0.8% |
| Thailand Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 6/17/38 | THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383618 | &nbsp;&nbsp;$12683924 |
| &nbsp;&nbsp;&nbsp;3.35%, 6/17/33 | THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | &nbsp;&nbsp;&nbsp;&nbsp; 2011113 |
|  |  |  | &nbsp;&nbsp;**$14695037** |
| Turkey — 0.7% | Turkey — 0.7% | Turkey — 0.7% | Turkey — 0.7% |
| Turkiye Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;17.30%, 7/19/28 | TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;$3189725 |
| &nbsp;&nbsp;&nbsp;17.80%, 7/13/33 | TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 132942 |
| &nbsp;&nbsp;&nbsp;26.20%, 10/5/33 | TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425874 | &nbsp;&nbsp;&nbsp;&nbsp; 7821927 |
| &nbsp;&nbsp;&nbsp;30.00%, 9/12/29 | TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69266 | &nbsp;&nbsp;&nbsp;&nbsp; 1349342 |
| &nbsp;&nbsp;&nbsp;31.08%, 11/8/28 | TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 201552 |
| &nbsp;&nbsp;&nbsp;40.918%, 7/4/29<sup>(8)</sup> | TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30100 | &nbsp;&nbsp;&nbsp;&nbsp; 667486 |
|  |  |  | &nbsp;&nbsp;**$13362974** |
| Uganda — 1.0% | Uganda — 1.0% | Uganda — 1.0% | Uganda — 1.0% |
| Republic of Uganda Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;14.25%, 6/22/34 | UGX | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167700 | &nbsp;&nbsp;$43004 |
| &nbsp;&nbsp;&nbsp;14.375%, 2/3/33 | UGX | &nbsp;&nbsp;&nbsp;&nbsp;1352400 | &nbsp;&nbsp;&nbsp;&nbsp; 353394 |
| &nbsp;&nbsp;&nbsp;15.00%, 6/18/43 | UGX | &nbsp;&nbsp;&nbsp;&nbsp;7004900 | &nbsp;&nbsp;&nbsp;&nbsp; 1799569 |
| &nbsp;&nbsp;&nbsp;15.80%, 6/23/39 | UGX | 36824000 | &nbsp;&nbsp;&nbsp;&nbsp; 9927865 |
| &nbsp;&nbsp;&nbsp;16.25%, 11/8/35 | UGX | 20369900 | &nbsp;&nbsp;&nbsp;&nbsp; 5712329 |
|  |  |  | &nbsp;&nbsp;**$17836161** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Uruguay — 0.0%<sup>†</sup> | Uruguay — 0.0%<sup>†</sup> | Uruguay — 0.0%<sup>†</sup> | Uruguay — 0.0%<sup>†</sup> |
| Uruguay Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.40%, 5/16/45 | UYU | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14261 | &nbsp;&nbsp;$381237 |
| &nbsp;&nbsp;&nbsp;3.875%, 7/2/40<sup>(7)</sup> | UYU | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9173 | &nbsp;&nbsp;&nbsp;&nbsp; 254787 |
|  |  |  | &nbsp;&nbsp;**$636024** |
| Uzbekistan — 2.3% | Uzbekistan — 2.3% | Uzbekistan — 2.3% | Uzbekistan — 2.3% |
| National Bank of Uzbekistan, 19.875%, 7/5/27<sup>(2)</sup> | UZS | 50140000 | &nbsp;&nbsp;$4393298 |
| Republic of Uzbekistan Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;12.25%, 4/13/29<sup>(2)</sup> | UZS | 433900000 | &nbsp;&nbsp;&nbsp;&nbsp; 36823100 |
| &nbsp;&nbsp;&nbsp;15.50%, 2/25/28<sup>(2)</sup> | UZS | 24000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2160456 |
|  |  |  | &nbsp;&nbsp;**$43376854** |
| Venezuela — 0.7% | Venezuela — 0.7% | Venezuela — 0.7% | Venezuela — 0.7% |
| Venezuela Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 12/9/20<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638 | &nbsp;&nbsp;$276516 |
| &nbsp;&nbsp;&nbsp;7.00%, 3/31/38<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 141750 |
| &nbsp;&nbsp;&nbsp;7.65%, 4/21/25<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3088 | &nbsp;&nbsp;&nbsp;&nbsp; 1466028 |
| &nbsp;&nbsp;&nbsp;7.75%, 10/13/19<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1450 | &nbsp;&nbsp;&nbsp;&nbsp; 666683 |
| &nbsp;&nbsp;&nbsp;8.25%, 10/13/24<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4549 | &nbsp;&nbsp;&nbsp;&nbsp; 2200337 |
| &nbsp;&nbsp;&nbsp;9.00%, 5/7/23<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2110 | &nbsp;&nbsp;&nbsp;&nbsp; 1063114 |
| &nbsp;&nbsp;&nbsp;9.25%, 9/15/27<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5764 | &nbsp;&nbsp;&nbsp;&nbsp; 3041951 |
| &nbsp;&nbsp;&nbsp;9.25%, 5/7/28<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4134 | &nbsp;&nbsp;&nbsp;&nbsp; 2113610 |
| &nbsp;&nbsp;&nbsp;9.375%, 1/13/34<sup>(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp; 175875 |
| &nbsp;&nbsp;&nbsp;11.75%, 10/21/26<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1198 | &nbsp;&nbsp;&nbsp;&nbsp; 685498 |
| &nbsp;&nbsp;&nbsp;11.95%, 8/5/31<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;936 | &nbsp;&nbsp;&nbsp;&nbsp; 534633 |
| &nbsp;&nbsp;&nbsp;12.75%, 8/23/22<sup>(2)(4)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;751 | &nbsp;&nbsp;&nbsp;&nbsp; 428878 |
|  |  |  | &nbsp;&nbsp;**$12794873** |
| Zambia — 2.0% | Zambia — 2.0% | Zambia — 2.0% | Zambia — 2.0% |
| Zambia Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;13.00%, 9/20/31<sup>(2)</sup> | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3642 | &nbsp;&nbsp;$182633 |
| &nbsp;&nbsp;&nbsp;13.00%, 6/26/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9574 | &nbsp;&nbsp;&nbsp;&nbsp; 459209 |
| &nbsp;&nbsp;&nbsp;14.00%, 7/24/38 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3687 | &nbsp;&nbsp;&nbsp;&nbsp; 170358 |
| &nbsp;&nbsp;&nbsp;14.50%, 2/16/28 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31000 | &nbsp;&nbsp;&nbsp;&nbsp; 1673308 |
| &nbsp;&nbsp;&nbsp;14.90%, 2/16/29 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35500 | &nbsp;&nbsp;&nbsp;&nbsp; 1929438 |
| &nbsp;&nbsp;&nbsp;14.98%, 2/16/31 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 80799 |
| &nbsp;&nbsp;&nbsp;16.00%, 10/27/28 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10300 | &nbsp;&nbsp;&nbsp;&nbsp; 572330 |
| &nbsp;&nbsp;&nbsp;16.00%, 11/24/28 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6437 | &nbsp;&nbsp;&nbsp;&nbsp; 358059 |
| &nbsp;&nbsp;&nbsp;16.00%, 2/16/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35019 | &nbsp;&nbsp;&nbsp;&nbsp; 1899874 |
| &nbsp;&nbsp;&nbsp;16.10%, 1/26/31 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12875 | &nbsp;&nbsp;&nbsp;&nbsp; 719263 |
| &nbsp;&nbsp;&nbsp;16.49%, 11/24/30 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14805 | &nbsp;&nbsp;&nbsp;&nbsp; 837933 |
| &nbsp;&nbsp;&nbsp;16.60%, 2/16/36 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67583 | &nbsp;&nbsp;&nbsp;&nbsp; 3656323 |
| &nbsp;&nbsp;&nbsp;16.85%, 1/26/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19092 | &nbsp;&nbsp;&nbsp;&nbsp; 1060884 |
| &nbsp;&nbsp;&nbsp;16.95%, 12/22/32 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13125 | &nbsp;&nbsp;&nbsp;&nbsp; 739644 |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Zambia (continued) | Zambia (continued) | Zambia (continued) | Zambia (continued) |
| Zambia Government Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;17.00%, 11/24/32 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17381 | &nbsp;&nbsp;$970962 |
| &nbsp;&nbsp;&nbsp;17.19%, 1/26/36 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40160 | &nbsp;&nbsp;&nbsp;&nbsp; 2219327 |
| &nbsp;&nbsp;&nbsp;17.50%, 11/24/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20599 | &nbsp;&nbsp;&nbsp;&nbsp; 1152122 |
| &nbsp;&nbsp;&nbsp;17.50%, 12/22/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14625 | &nbsp;&nbsp;&nbsp;&nbsp; 817038 |
| &nbsp;&nbsp;&nbsp;17.59%, 2/16/41 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235929 | &nbsp;&nbsp;&nbsp;&nbsp; 12722040 |
| &nbsp;&nbsp;&nbsp;18.49%, 5/27/32 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3642 | &nbsp;&nbsp;&nbsp;&nbsp; 220010 |
| &nbsp;&nbsp;&nbsp;18.79%, 1/26/41 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12876 | &nbsp;&nbsp;&nbsp;&nbsp; 730902 |
| &nbsp;&nbsp;&nbsp;18.99%, 10/27/40 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12701 | &nbsp;&nbsp;&nbsp;&nbsp; 727789 |
| &nbsp;&nbsp;&nbsp;18.99%, 11/24/40 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19312 | &nbsp;&nbsp;&nbsp;&nbsp; 1107247 |
| &nbsp;&nbsp;&nbsp;19.00%, 6/23/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6437 | &nbsp;&nbsp;&nbsp;&nbsp; 375193 |
| &nbsp;&nbsp;&nbsp;19.00%, 8/18/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6437 | &nbsp;&nbsp;&nbsp;&nbsp; 378022 |
| &nbsp;&nbsp;&nbsp;19.00%, 9/29/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2253 | &nbsp;&nbsp;&nbsp;&nbsp; 132225 |
| &nbsp;&nbsp;&nbsp;22.50%, 11/25/34 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5794 | &nbsp;&nbsp;&nbsp;&nbsp; 404401 |
| &nbsp;&nbsp;&nbsp;22.80%, 2/17/40 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;607 | &nbsp;&nbsp;&nbsp;&nbsp; 40105 |
| &nbsp;&nbsp;&nbsp;26.50%, 4/30/39 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1528 | &nbsp;&nbsp;&nbsp;&nbsp; 122351 |
|  |  |  | &nbsp;&nbsp;**$36459789** |
| Total Sovereign Government Bonds<br> (identified cost $993,725,241) |  |  | &nbsp;&nbsp;**$1031990617** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 32.4%

Affiliated Fund — 15.9%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(9)</sup> | 294953488 | &nbsp;&nbsp;$294953488 |
| Total Affiliated Fund<br> (identified cost $294,953,488) |  | &nbsp;&nbsp;**$294953488** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Government Securities — 5.7%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Albania — 0.1% | Albania — 0.1% | Albania — 0.1% | Albania — 0.1% |
| Albanian Treasury Bills: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 6/25/26 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47880 | &nbsp;&nbsp;$586527 |
| &nbsp;&nbsp;&nbsp;0.00%, 1/28/27 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174740 | &nbsp;&nbsp;&nbsp;&nbsp; 2095584 |
|  |  |  | &nbsp;&nbsp;**$2682111** |
| Kazakhstan — 0.6% | Kazakhstan — 0.6% | Kazakhstan — 0.6% | Kazakhstan — 0.6% |
| Kazakhstan Treasury Bills, 0.00%, 5/15/26 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;4778855 | &nbsp;&nbsp;$10273166 |
|  |  |  | &nbsp;&nbsp;**$10273166** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nigeria — 5.0% | Nigeria — 5.0% | Nigeria — 5.0% |
| Nigeria OMO Bills: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/5/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;1709111 | &nbsp;&nbsp;$1242312 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/12/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;2271489 | &nbsp;&nbsp;&nbsp;&nbsp; 1652464 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/19/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;4412450 | &nbsp;&nbsp;&nbsp;&nbsp; 3196833 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/26/26 NGN | 17379504 | &nbsp;&nbsp;&nbsp;&nbsp; 12540653 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/2/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;7113833 | &nbsp;&nbsp;&nbsp;&nbsp; 5097701 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/23/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;5171423 | &nbsp;&nbsp;&nbsp;&nbsp; 3674940 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/30/26 NGN | 13786625 | &nbsp;&nbsp;&nbsp;&nbsp; 9761770 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/7/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;4750898 | &nbsp;&nbsp;&nbsp;&nbsp; 3352056 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/10/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590704 | &nbsp;&nbsp;&nbsp;&nbsp; 413688 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/14/26 NGN | 17044006 | &nbsp;&nbsp;&nbsp;&nbsp; 11984163 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/28/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;2299810 | &nbsp;&nbsp;&nbsp;&nbsp; 1606297 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/4/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;1916212 | &nbsp;&nbsp;&nbsp;&nbsp; 1333782 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/11/26 NGN | 13723318 | &nbsp;&nbsp;&nbsp;&nbsp; 9518910 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/18/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;4994578 | &nbsp;&nbsp;&nbsp;&nbsp; 3426512 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/25/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;1831892 | &nbsp;&nbsp;&nbsp;&nbsp; 1261952 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/1/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;1901221 | &nbsp;&nbsp;&nbsp;&nbsp; 1305279 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/8/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;4515347 | &nbsp;&nbsp;&nbsp;&nbsp; 3084163 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/22/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;2134003 | &nbsp;&nbsp;&nbsp;&nbsp; 1437855 |
| &nbsp;&nbsp;&nbsp;0.00%, 1/12/27 NGN | 16437948 | &nbsp;&nbsp;&nbsp;&nbsp; 10657387 |
| &nbsp;&nbsp;&nbsp;0.00%, 1/19/27 NGN | &nbsp;&nbsp;&nbsp;&nbsp;9760545 | &nbsp;&nbsp;&nbsp;&nbsp; 6311548 |
|  |  | &nbsp;&nbsp;**$92860265** |
| Total Sovereign Government Securities<br> (identified cost $102,587,570) |  | &nbsp;&nbsp;**$105815542** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Treasury Obligations — 10.8%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/14/26<sup>(10)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;$24967703 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/21/26<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23697 | &nbsp;&nbsp;&nbsp;&nbsp; 23649669 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28170 | &nbsp;&nbsp;&nbsp;&nbsp; 28094680 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/11/26<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28330 | &nbsp;&nbsp;&nbsp;&nbsp; 28214008 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/18/26<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15303 | &nbsp;&nbsp;&nbsp;&nbsp; 15229780 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/25/26<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73000 | &nbsp;&nbsp;&nbsp;&nbsp; 72595879 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4740 | &nbsp;&nbsp;&nbsp;&nbsp; 4707305 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/16/26<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3260 | &nbsp;&nbsp;&nbsp;&nbsp; 3235353 |
| Total U.S. Treasury Obligations<br> (identified cost $200,697,635) |  | &nbsp;&nbsp;**$200694377** |
| Total Short-Term Investments<br> (identified cost $598,238,693) |  | &nbsp;&nbsp;**$601463407** |

---

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;**Value** |
| Total Purchased Options — 0.1%<br> (identified cost $1,671,277) | &nbsp;&nbsp;**$1148395** |
| Total Investments — 93.7%<br> (identified cost $1,693,518,036) | &nbsp;&nbsp;**$1738601141** |
| Total Written Options — (0.0)%<sup>†</sup><br> (premiums received $1,216,557) | &nbsp;&nbsp;**$(362742)** |
| Other Assets, Less Liabilities — 6.3% | &nbsp;&nbsp;**$116505650** |
| Net Assets — 100.0% | &nbsp;&nbsp;**$1854744049** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Security whose performance is linked to the price of an underlying security issued by the United Republic of Tanzania. The investment is subject to credit risk of the issuing financial institution (Absa Bank Ltd.) in addition to the market risk of the underlying security. |
| <sup>(2)</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 April 30, 2026, the aggregate value of these securities is $168,051,120 or 9.1% of the Portfolio's net assets. |

---

<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 April 30, 2026, the aggregate value of these securities is $56,815,627 or 3.1% of the Portfolio's net assets.

<sup>(4)</sup> Issuer is in default with respect to interest and/or principal payments and is non-income producing.

<sup>(5)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(6)</sup> Limited recourse note whose payments by the issuer are limited to amounts received by the issuer from the borrower pursuant to a loan agreement with the borrower.

<sup>(7)</sup> Inflation-linked security whose principal is adjusted for inflation based on changes in a designated inflation index or inflation rate for the applicable country. Interest is calculated based on the inflation-adjusted principal.

<sup>(8)</sup> Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026.

<sup>(9)</sup> May be deemed to be an affiliated investment company (see Note 7). The rate shown is the annualized seven-day yield as of April 30, 2026.

<sup>(10)</sup> Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Put USD vs. Call CNH | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;17000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;$43639 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;11000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.75 | &nbsp;&nbsp; 7/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 22440 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;16000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 41072 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;15900000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.72 | &nbsp;&nbsp;7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 25392 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 25670 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 38505 |
| Put USD vs. Call CNH | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;19000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.72 | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 28899 |
| Put USD vs. Call CNH | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;21000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 53907 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;24100000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp; 22437 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;12900000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp; 12010 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;12500000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/30/29 | &nbsp;&nbsp;&nbsp;&nbsp; 11738 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;10700000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 84295 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 70469 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1425.00 | &nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp; 96592 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp;9/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 55475 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 83016 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp;11000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 77374 |

---

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 300000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/7/26 | &nbsp;&nbsp;$2140 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 71792 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 71050 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5700000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 40498 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 55146 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 74914 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 39925 |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$1148395** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Call USD vs. Put BRL (Digital Option) | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp;1387000 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 7.00 | &nbsp;&nbsp;7/12/27 | &nbsp;&nbsp;$(129954) |
| Call USD vs. Put BRL (Digital Option) | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp;1110000 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 7.00 | &nbsp;&nbsp;7/14/27 | &nbsp;&nbsp;&nbsp;&nbsp;(104726) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;7000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1590.00 | &nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; (30338) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;8000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1610.00 | &nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp; (30000) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;8000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1630.00 | &nbsp;&nbsp;9/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; (20992) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp;7000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1600.00 | &nbsp;&nbsp;9/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; (27223) |
| Call USD vs. Put KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;7000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1630.00 | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; (19509) |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$(362742)** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 9863014 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1976108 | &nbsp;&nbsp;&nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15695 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1971046 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 9863014 | &nbsp;&nbsp;&nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20758) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 28136986 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5640370 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41803 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 23100000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4624162 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40809 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 10270403 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 51236986 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (76741) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 4721697 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 80631 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3824) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 9000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 157023 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10621) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 47078303 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 810298 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (44482) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 657260 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 36800000 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58640 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 267881 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 15000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23878 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 160849 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 9000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14448 |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 22854400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 396860 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (25086) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 31246864 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 535150 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26855) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 53894000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 920242 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (43545) |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 52334500 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 894913 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(43584) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 58400000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 998205 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (48208) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 46946932 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 812864 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (49174) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 46954700 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 815327 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (51512) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 46116800 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 802764 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (52579) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 63164372 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1101192 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (73692) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 64670000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1126361 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (74369) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 76350000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1335257 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (93266) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 86146200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1501590 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100243) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 128822400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2202469 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (106905) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 166000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2844901 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (144567) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 149547800 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2601284 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (168579) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2624756 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 147800000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 220482 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2316465 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 130000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 201745 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1778726 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 100000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152019 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1775757 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 100000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149050 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1773207 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 100000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 146499 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1772358 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 100000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145651 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1603421 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 90000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 139384 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1602850 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 90000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138813 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 980567 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 55000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85878 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 801737 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 45000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69719 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 603629 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 33700000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55429 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 590222 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 33200000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50155 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 465574 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 26000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42630 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 445395 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 25000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38718 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 274568 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 15300000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25681 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11515000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 12862042 | &nbsp;&nbsp;&nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (64736) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 372000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 70414377 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4167696 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 212588554 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 40379610 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2242151 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 62920000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 11850970 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 763826 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 27130000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5122607 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 316671 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 20670000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3910624 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 233493 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 14000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2650003 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 156849 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 77000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 15291826 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145862 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 7000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1312616 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90810 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 8460000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1606914 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89227 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 51236986 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 10198749 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73726 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 16888889 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3357011 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29033 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 2111111 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 418886 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4369 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4271523 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 22850000 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (309661) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 10103995 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 53195005 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (561043) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 17468066 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 91965000 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (969946) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 9863014 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1955647 | &nbsp;&nbsp;&nbsp;&nbsp;6/3/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21280 |

---

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1967417 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 10300000 | &nbsp;&nbsp;&nbsp;&nbsp;6/3/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(97099) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28006370847 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 30269958 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 856320 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3417000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3838851 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (41198) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2803500000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3162330 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (46520) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5959000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6721637 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (98805) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2320427000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2696729 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (117806) |
| COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266790412187 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 69541865 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3072146 |
| COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37238600000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 9980596 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154867 |
| COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2933928427 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 764761 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33785 |
| COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5600000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1542020 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17833) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 266636453 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 308592339 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4965580 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 29750000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 34773734 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 211535 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1452652 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1681231 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27053 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1298525 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1502851 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24182 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1222639 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1429100 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8693 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57402281400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3299077 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12306 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49693726668 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2854731 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11966 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47781158814 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2745728 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10638 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54660104120 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3142921 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10273 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56719153000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3261890 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10084 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7488064000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 430546 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1420 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7478073000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 430956 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 434 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4488227000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 258491 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 423 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5639924000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 324946 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 406 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7480379000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 431158 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 365 |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4568817000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 264928 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1365) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7532560000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 435950 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1417) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7429869000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 430592 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1983) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7359582804 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 427480 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2926) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15118915000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 875241 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3072) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14996430000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 869706 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4603) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15031581258 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 874439 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7308) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19409381000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1127443 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7768) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19595269200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1139657 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9259) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21483882000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1251610 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (12263) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36587714708 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2128434 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17787) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32623607873 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1900257 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18289) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47993874000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2787845 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (19209) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32400984715 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1888499 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (19374) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48316100000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2817676 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30451) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75016960401 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4369581 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (42055) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111009393000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6447662 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (43830) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98239327646 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5725904 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (58742) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111969850000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6605969 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (146731) |

---

*20*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 74685532 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 795005 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(12190) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 130000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1384452 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21859) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 195000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2076235 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (32346) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 287513000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3050319 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (36757) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 370800000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3974856 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (88322) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 679797363 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7304300 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (179017) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1017663537 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 10934612 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (267990) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 963300000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 10425866 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (329055) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12192920000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 131010733 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3210860) |
| PEN | &nbsp;&nbsp;&nbsp;&nbsp; 8610550 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2438766 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9183 |
| PEN | &nbsp;&nbsp;&nbsp;&nbsp; 21518805 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6214107 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (96386) |
| PEN | &nbsp;&nbsp;&nbsp;&nbsp; 109857218 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 31724088 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (492069) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 386000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 12161885 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36444 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 129000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4046490 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30153 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 77100000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2416398 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20108 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 129000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4067829 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8815 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 155843 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp; 144188976 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4409) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4170546 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3852500000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (111122) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4580532 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4238000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (129581) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 22841734 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21067000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (572128) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5230381 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18872785373 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 93658 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 337113 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1293302166 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14893) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 751783 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2819000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15481) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2478908 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9360356323 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (68759) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4500486 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16801214950 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (72405) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6784773 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25219000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (79240) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4687462 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17544000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (87598) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4067183 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15309691089 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (99751) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2659478 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10220106355 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (122193) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2332078 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9041000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (128667) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2918658 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11197140625 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (128937) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5644439 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21288000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (149649) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4765666 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18283000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (210532) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6130906 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23520606000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (270845) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 9536362 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36585300000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (421287) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 268538 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 232028 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4321) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3810832 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 3260284 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (23182) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2501778 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 2161639 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (40256) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3133090 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 2707118 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (50415) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3922744 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 3389412 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (63121) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 14974382 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 12811045 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (91092) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6536699 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 5647976 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (105182) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7462700 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 6448079 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (120083) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 8795878 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 7600000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (141535) |

---

*21*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 18588328 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 16061079 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(299106) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 26069090 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 22524764 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (419479) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 29320647 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 25334243 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (471800) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 41309265 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 35692901 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (664710) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 67996976 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 58752180 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1094144) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5255201 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89969041197 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65130 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3065578 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52525614900 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35517 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 905407 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15496952409 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11430 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 876818 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15038226000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9304 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 876270 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15030661500 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9192 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 792391 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13577462034 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9144 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 568088 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9742715376 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6057 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 551055 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9457213836 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5494 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 455096 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7794378365 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5459 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 453877 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7783030865 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4895 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 27184395 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2530000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 666245 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2216346 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 206271131 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54319 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2396067 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 225300000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34589 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1145590 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 108000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13590 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 159881 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 15000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2658 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 158529 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 15000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1307 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 164691 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 15600000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1180 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 42634 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 709 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 42278 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 353 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 42222 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 296 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 42211 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 285 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 35893 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 3400000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 256 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 42163 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 237 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 42156 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 36904 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 3500000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 218 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 36885 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 3500000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 31628 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 184 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 16374675 | &nbsp;&nbsp;&nbsp;&nbsp;PEN | &nbsp;&nbsp;&nbsp;&nbsp; 56703795 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 253986 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6340436 | &nbsp;&nbsp;&nbsp;&nbsp;PEN | &nbsp;&nbsp;&nbsp;&nbsp; 21518805 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 222715 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 11948590 | &nbsp;&nbsp;&nbsp;&nbsp;PEN | &nbsp;&nbsp;&nbsp;&nbsp; 41376723 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 185333 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5636900 | &nbsp;&nbsp;&nbsp;&nbsp;PEN | &nbsp;&nbsp;&nbsp;&nbsp; 19520000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87433 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2503050 | &nbsp;&nbsp;&nbsp;&nbsp;COP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9437000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (64953) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 82130000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2562559 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31567 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 68430000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2133770 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27633 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 68450000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2135232 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26802 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 55120000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1720618 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20380 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 54750000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1709063 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20249 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 54660000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1707538 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18931 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 27340000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 852538 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11012 |

---

*22*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 54110000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1700118 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8979 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 42710000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1343361 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5660 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 40674200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1285531 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (812) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 32326000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1022101 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1065) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 40385000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1277319 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1735) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 39980100 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1265634 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2838) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 46153500 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1461016 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3230) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 50411800 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1595563 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3276) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 59996900 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1898396 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3358) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 32775700 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1039080 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3840) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 51500600 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1630540 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3863) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 35796200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1134586 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3942) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143377256061 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8417419 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (187813) |
| IDR | &nbsp;&nbsp;&nbsp;&nbsp;1263386042253 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 74246947 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1730784) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 26801751 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;456058591580 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 624780 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 24895510 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;423622000000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 580344 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 14073795 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;239479700000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 328077 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 13072814 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;222447000000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 304743 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 8765485 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;149074600000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 208862 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 8011518 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;136299160060 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 188183 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 8271447 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;143377256061 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41841 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1274709 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21690444608 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29715 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1184003 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20147000000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27601 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 34784000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1089724 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7981 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 40830000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1281343 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7161 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 25790000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 808236 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5639 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 25806000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 809726 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4653 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 38000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1203745 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4550) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 39810000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1262699 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6384) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 54680000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1733122 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7543) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 67270000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2132861 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9970) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 63683338 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2017984 | &nbsp;&nbsp;&nbsp;&nbsp;10/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8472) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 117046662 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3706471 | &nbsp;&nbsp;&nbsp;&nbsp;10/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13094) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$6885749** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| KZT | &nbsp;&nbsp; 317055353 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 684652 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(288) |
| KZT | &nbsp;&nbsp; 193339044 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 420600 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3278) |
| KZT | &nbsp;&nbsp; 123716309 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 221515 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 45526 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*23*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| UGX | &nbsp;&nbsp; 369491000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 102494 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(4390) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;2798146000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 751689 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8748) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;1746356000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 471669 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7991) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;3426490000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 919870 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10097) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;3651631000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1017167 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (47616) |
| USD | &nbsp;&nbsp; 1067830 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 56648396 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 11351 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 325537 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;5639924000 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (282) |
| USD | &nbsp;&nbsp; 431560 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;7478073000 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (449) |
| USD | &nbsp;&nbsp; 431519 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;7480379000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (623) |
| USD | &nbsp;&nbsp; 431539 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;7488064000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1047) |
| USD | &nbsp;&nbsp; 417498 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 193339044 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 176 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 618886 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 317055353 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (65477) |
| USD | &nbsp;&nbsp; 763478 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;2798146000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 20537 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 99259 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 369491000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1155 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 469138 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1746356000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5460 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 675576 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;2435452000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 28935 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 450384 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1621382000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 19888 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 264411 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 986252484 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2549 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1054970 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 56654516 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1049) |
| USD | &nbsp;&nbsp; 476359 | &nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;8286260000 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2339) |
| USD | &nbsp;&nbsp; 2804269 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 47000000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17283) |
| USD | &nbsp;&nbsp; 2959641 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 49600000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17997) |
| USD | &nbsp;&nbsp; 448998 | &nbsp;&nbsp;ZMW | &nbsp;&nbsp; 8530969 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7814) |
| EUR | &nbsp;&nbsp; 6290311 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7360224 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 23433 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 1600000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1874226 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3877 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 14198405 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16710695 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44405) |
| EUR | &nbsp;&nbsp; 27669044 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 32522786 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44469) |
| EUR | &nbsp;&nbsp; 5169904 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6048832 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 19675 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 21716 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 25443 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 4800000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5642665 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8357) |
| EUR | &nbsp;&nbsp; 97014 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 113611 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 265 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 1420874 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1665436 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2405 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 892237 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 769652 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11191) |
| USD | &nbsp;&nbsp; 10367587 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 8853183 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (24405) |
| USD | &nbsp;&nbsp; 4040850 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 3449616 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8358) |
| USD | &nbsp;&nbsp; 8289922 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 7076987 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17146) |
| USD | &nbsp;&nbsp; 1968848 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1677297 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1470631 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1256858 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4687) |
| USD | &nbsp;&nbsp; 3401077 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2907407 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11679) |
| USD | &nbsp;&nbsp; 619981 | &nbsp;&nbsp;VND | &nbsp;&nbsp;16348886000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (211) |
| VND | &nbsp;&nbsp;16348886000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 622862 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2671) |
| EUR | &nbsp;&nbsp; 1034203 | &nbsp;&nbsp;RON | &nbsp;&nbsp; 5683463 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (69223) |
| RON | &nbsp;&nbsp; 5683463 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1063124 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 35268 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 505686967 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11085825 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 28037 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*24*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| TRY | &nbsp;&nbsp; 17656110 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 387666 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;$376 | &nbsp;&nbsp;$— |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;2050085605 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 550552 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7064) |
| USD | &nbsp;&nbsp; 1886962 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 905270000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (60796) |
| USD | &nbsp;&nbsp; 1886962 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 905270000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (60796) |
| USD | &nbsp;&nbsp; 3773924 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;1806766000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (113473) |
| USD | &nbsp;&nbsp; 225192 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 837714000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3110 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 251166944 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5372828 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 116127 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 5324958 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 251166944 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (163998) |
| TRY | &nbsp;&nbsp;&nbsp;&nbsp;1324144762 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 28220051 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 663264 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 6398742 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 300621694 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (158661) |
| USD | &nbsp;&nbsp; 21721453 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;1023523068 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (604459) |
| VND | &nbsp;&nbsp;11493930700 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 438315 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;5/26/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2917) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;2081517475 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4041782 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 390574 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1052799419 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2026563 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 215254 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1051772058 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2026536 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 213094 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 896476027 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1735675 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 173269 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1843233303 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3448519 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 476438 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 415003 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 193339044 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3309 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1150711 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 594514783 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (115241) |
| USD | &nbsp;&nbsp; 5437335 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;2640234094 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (184745) |
| USD | &nbsp;&nbsp; 4349843 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;2255393351 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (452762) |
| USD | &nbsp;&nbsp; 250905 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 9976000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3939 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1617913000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3199037 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 242031 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1614874000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3199037 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 235568 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1623512000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3199064 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 253913 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1886961 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 919233000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (68116) |
| USD | &nbsp;&nbsp; 3773924 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;1834127000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (127001) |
| KZT | &nbsp;&nbsp; 832213140 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1644365 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 124932 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 832048703 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1644365 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 124582 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 831062084 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1644365 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 122485 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 832048703 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1644365 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 122483 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 332753707 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 657746 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 48854 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MYR | &nbsp;&nbsp; 11369000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2879686 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12172) |
| MYR | &nbsp;&nbsp; 118583045 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 30284770 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (375493) |
| MYR | &nbsp;&nbsp; 409890250 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 104681339 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1297918) |
| MYR | &nbsp;&nbsp; 65000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16590097 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (195654) |
| MYR | &nbsp;&nbsp; 223000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 56916794 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (671244) |
| USD | &nbsp;&nbsp; 27386422 | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 107300000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 322980 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3326366 | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 13050000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 34867 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CNH | &nbsp;&nbsp;&nbsp;&nbsp;1185056789 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 172239441 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1737405 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CNH | &nbsp;&nbsp; 661171267 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 96096466 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 969340 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CNH | &nbsp;&nbsp; 20000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2906855 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 29322 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CNY | &nbsp;&nbsp; 60630000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8851244 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 18381 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;1943510597 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 79362757 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 263314 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*25*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| CZK | &nbsp;&nbsp; 91000000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 3715962 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$12329 | &nbsp;&nbsp;$— |
| CZK | &nbsp;&nbsp; 596700000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 24387951 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 55137 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CZK | &nbsp;&nbsp; 55900000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2291969 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3371) |
| EUR | &nbsp;&nbsp; 3817161 | &nbsp;&nbsp;CZK | &nbsp;&nbsp; 93478254 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12665) |
| EUR | &nbsp;&nbsp; 6711845 | &nbsp;&nbsp;CZK | &nbsp;&nbsp; 164366029 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (22269) |
| EUR | &nbsp;&nbsp; 10804873 | &nbsp;&nbsp;CZK | &nbsp;&nbsp; 264600000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (35849) |
| EUR | &nbsp;&nbsp; 12099242 | &nbsp;&nbsp;CZK | &nbsp;&nbsp; 296328580 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (41629) |
| EUR | &nbsp;&nbsp; 3548122 | &nbsp;&nbsp;CZK | &nbsp;&nbsp; 87200000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (26711) |
| EUR | &nbsp;&nbsp; 12262561 | &nbsp;&nbsp;CZK | &nbsp;&nbsp; 300371420 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44258) |
| EUR | &nbsp;&nbsp; 956185 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 378064646 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (90881) |
| EUR | &nbsp;&nbsp; 8784367 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;3390326414 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (568377) |
| EUR | &nbsp;&nbsp; 1665302 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 630744737 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (69244) |
| EUR | &nbsp;&nbsp; 10255777 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;4091850000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1093160) |
| EUR | &nbsp;&nbsp; 275571 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 107818115 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (22528) |
| EUR | &nbsp;&nbsp; 2887393 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;1062319734 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (19440) |
| EUR | &nbsp;&nbsp; 1256858 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 475726879 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (51243) |
| EUR | &nbsp;&nbsp; 4923609 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;1949700000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (477482) |
| EUR | &nbsp;&nbsp; 33019347 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;13075331093 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3202149) |
| EUR | &nbsp;&nbsp; 109393 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 42851063 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9106) |
| EUR | &nbsp;&nbsp; 763724 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 293605180 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (45705) |
| EUR | &nbsp;&nbsp; 1050005 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 412376098 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (90849) |
| EUR | &nbsp;&nbsp; 2660601 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 11400000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15950) |
| EUR | &nbsp;&nbsp; 2002116 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 8600000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17918) |
| EUR | &nbsp;&nbsp; 24369807 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 104700000 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (223771) |
| EUR | &nbsp;&nbsp; 6286073 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 26805424 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2155) |
| EUR | &nbsp;&nbsp; 18971656 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 80900000 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6503) |
| EUR | &nbsp;&nbsp; 19577287 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 83482562 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6711) |
| EUR | &nbsp;&nbsp; 48393614 | &nbsp;&nbsp;RON | &nbsp;&nbsp; 249055606 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 816267 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 7500307 | &nbsp;&nbsp;RON | &nbsp;&nbsp; 38600000 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 126509 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;1868661675 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 5140687 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (38303) |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;7083554974 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 18353556 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1187535 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp; 889611602 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2308948 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 144488 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;2679374194 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 7296473 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 32670 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;3294503967 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 8980459 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 29746 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;32242305106 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 81422018 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7896141 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;6808244913 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 18547791 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 74105 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| JPY | &nbsp;&nbsp; 889781 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5664 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 39 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1646831573 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3288730 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 205539 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;2900356495 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 161928866 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3507959 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MXN | &nbsp;&nbsp; 46216002 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2580271 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 55898 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MXN | &nbsp;&nbsp; 45300000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2612904 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (28985) |
| MXN | &nbsp;&nbsp; 52480000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2923811 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 69657 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MXN | &nbsp;&nbsp; 324170000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 18495464 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4753) |
| PLN | &nbsp;&nbsp; 15700000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 3690896 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9472) |

---

*26*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| PLN | &nbsp;&nbsp; 104700000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 24456331 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$122020 | &nbsp;&nbsp;$— |
| PLN | &nbsp;&nbsp; 18800000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 4377508 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 38241 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 7932000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1868353 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9052) |
| PLN | &nbsp;&nbsp; 439262795 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 103010418 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 35311 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 69338374 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 16260369 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5574 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 16122277 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 3780795 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1296 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 6500000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1524299 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 523 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| RON | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 971542 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (16387) |
| RON | &nbsp;&nbsp; 32030000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 6256272 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (143281) |
| RON | &nbsp;&nbsp; 181401061 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 35247763 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (594533) |
| THB | &nbsp;&nbsp; 69879000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2172730 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (21856) |
| THB | &nbsp;&nbsp; 70032000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2197555 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (41972) |
| THB | &nbsp;&nbsp; 241380000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7686821 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (257149) |
| THB | &nbsp;&nbsp; 538875687 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 17115424 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (528842) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;3778482220 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 120009726 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3708125) |
| USD | &nbsp;&nbsp; 7195380 | &nbsp;&nbsp;CNH | &nbsp;&nbsp; 49506280 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (72581) |
| USD | &nbsp;&nbsp; 27697100 | &nbsp;&nbsp;CNH | &nbsp;&nbsp; 190564000 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (279385) |
| USD | &nbsp;&nbsp; 29971458 | &nbsp;&nbsp;CNH | &nbsp;&nbsp; 206212234 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (302327) |
| USD | &nbsp;&nbsp; 49837385 | &nbsp;&nbsp;CNH | &nbsp;&nbsp; 342895515 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (502717) |
| USD | &nbsp;&nbsp; 3567606 | &nbsp;&nbsp;CNH | &nbsp;&nbsp; 24450000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (21871) |
| USD | &nbsp;&nbsp; 14641316 | &nbsp;&nbsp;CNH | &nbsp;&nbsp; 100200000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (68932) |
| USD | &nbsp;&nbsp; 2740895 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 257000000 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 47154 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 366031 | &nbsp;&nbsp;MXN | &nbsp;&nbsp; 6556095 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7930) |
| USD | &nbsp;&nbsp; 26647982 | &nbsp;&nbsp;MXN | &nbsp;&nbsp; 477300000 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (577291) |
| USD | &nbsp;&nbsp; 31839205 | &nbsp;&nbsp;MXN | &nbsp;&nbsp; 570281555 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (689751) |
| USD | &nbsp;&nbsp; 107320510 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;&nbsp;&nbsp;1922249851 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2324946) |
| USD | &nbsp;&nbsp; 45462829 | &nbsp;&nbsp;MXN | &nbsp;&nbsp; 796827000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 11682 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 22620439 | &nbsp;&nbsp;THB | &nbsp;&nbsp; 712200000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 698938 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2241717 | &nbsp;&nbsp;THB | &nbsp;&nbsp; 70580000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 69266 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2267614 | &nbsp;&nbsp;THB | &nbsp;&nbsp; 71660000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 61921 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2758599 | &nbsp;&nbsp;THB | &nbsp;&nbsp; 89400000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6869 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2531239 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 43510883 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (72398) |
| USD | &nbsp;&nbsp; 3059305 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 51549615 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (25360) |
| USD | &nbsp;&nbsp; 16882227 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 284467273 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (139942) |
| USD | &nbsp;&nbsp; 5564346 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 95780672 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (167051) |
| USD | &nbsp;&nbsp; 24477289 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 412415388 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (201136) |
| USD | &nbsp;&nbsp; 108104891 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;1821448498 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (888327) |
| USD | &nbsp;&nbsp; 38985257 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 673458617 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1313671) |
| USD | &nbsp;&nbsp; 50419560 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 837842000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 284135 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 26718981 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 444000000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 150572 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 20255876 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 336600000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 114150 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 7111685 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 118173363 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 40337 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2097091 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 36031387 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (58982) |
| USD | &nbsp;&nbsp; 2091116 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 36068826 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (67198) |

---

*27*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 11572422 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 198832727 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(325482) |
| UYU | &nbsp;&nbsp; 100100000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2472826 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3562 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;16489097930 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 618415 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5073 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 85600694 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5063392 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 58847 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 86440368 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5116843 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 55641 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 71360000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4347697 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (77603) |
| ZAR | &nbsp;&nbsp; 100999017 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6143823 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (100167) |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;1775678540 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 105388396 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 866005 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 606318699 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 35985655 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 295704 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 30223842 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1838323 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (29765) |
| ZAR | &nbsp;&nbsp; 31014894 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1886437 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (30544) |
| ZAR | &nbsp;&nbsp; 43816074 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2671741 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (49842) |
| ZAR | &nbsp;&nbsp; 44962875 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2741669 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (51146) |
| ZAR | &nbsp;&nbsp; 176434407 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10660437 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (102821) |
| ZAR | &nbsp;&nbsp; 47000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2795185 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 17236 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 59611840 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3587314 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20216) |
| ZAR | &nbsp;&nbsp; 263471108 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16082767 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (316983) |
| ZAR | &nbsp;&nbsp; 30438367 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1841402 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20007) |
| ZAR | &nbsp;&nbsp; 31235033 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1889597 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20531) |
| ZAR | &nbsp;&nbsp; 27665716 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1676202 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20720) |
| ZAR | &nbsp;&nbsp; 30419953 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1841402 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (21109) |
| ZAR | &nbsp;&nbsp; 31216137 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1889597 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (21662) |
| ZAR | &nbsp;&nbsp; 30388649 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1841402 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (22982) |
| ZAR | &nbsp;&nbsp; 30387729 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1841402 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23038) |
| ZAR | &nbsp;&nbsp; 30379442 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1841402 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23533) |
| ZAR | &nbsp;&nbsp; 30379442 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1841402 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23533) |
| ZAR | &nbsp;&nbsp; 31184014 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1889597 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23584) |
| ZAR | &nbsp;&nbsp; 31183069 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1889597 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23641) |
| ZAR | &nbsp;&nbsp; 31174566 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1889597 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (24149) |
| ZAR | &nbsp;&nbsp; 31174566 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1889597 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (24149) |
| ZAR | &nbsp;&nbsp; 33914407 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2054796 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (25400) |
| ZAR | &nbsp;&nbsp; 30231578 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1841402 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (32381) |
| ZAR | &nbsp;&nbsp; 31022831 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1889597 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (33229) |
| ZAR | &nbsp;&nbsp; 685528892 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 41784746 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (763547) |
| ZAR | &nbsp;&nbsp; 44546341 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2710959 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (45361) |
| ZAR | &nbsp;&nbsp; 45712257 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2781913 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (46548) |
| MYR | &nbsp;&nbsp; 15200000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3866799 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (32803) |
| KZT | &nbsp;&nbsp; 954800000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1754663 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 267249 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1150711 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 597506632 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (114586) |
| USD | &nbsp;&nbsp; 680437 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 357293368 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (76178) |
| EGP | &nbsp;&nbsp; 187557674 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3740120 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (330626) |
| USD | &nbsp;&nbsp; 3747406 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 187557674 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 337912 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1003624 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 41538000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23445) |
| USD | &nbsp;&nbsp; 752734 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 30832000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/25/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9561) |

---

*28*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| EGP | &nbsp;&nbsp; 7112062 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 140222 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(11221) |
| USD | &nbsp;&nbsp; 140416 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 7112062 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 11415 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 53801 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 2194000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (427) |
| KZT | &nbsp;&nbsp; 286815682 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 539330 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 66129 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 545573 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 286815682 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (59885) |
| USD | &nbsp;&nbsp; 1104009 | &nbsp;&nbsp;NGN | &nbsp;&nbsp;&nbsp;&nbsp;1561069000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7040) |
| ZMW | &nbsp;&nbsp; 4532799 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 198200 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 43521 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 21293037 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 124000000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3395982) |
| USD | &nbsp;&nbsp; 552005 | &nbsp;&nbsp;NGN | &nbsp;&nbsp; 787711000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8267) |
| USD | &nbsp;&nbsp; 1104009 | &nbsp;&nbsp;NGN | &nbsp;&nbsp;&nbsp;&nbsp;1587565000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (25172) |
| USD | &nbsp;&nbsp; 999025 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 41000000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (13670) |
| VND | &nbsp;&nbsp;&nbsp;&nbsp;8140479280 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 305746 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;7/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1471 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;39406439508 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1473138 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;7/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 13672 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;15555180000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 581285 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5614 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 938290000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1749236 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 216241 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1201865 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 639392371 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (137497) |
| USD | &nbsp;&nbsp; 564209 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 298897629 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (61905) |
| KZT | &nbsp;&nbsp; 749558000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1399528 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 170048 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 174134 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 92284028 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (19109) |
| USD | &nbsp;&nbsp; 1201865 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 639272185 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (136772) |
| VND | &nbsp;&nbsp;23305986582 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 875671 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3022 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 954800000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1787513 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;7/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 211133 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;1685784000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 453781 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (13900) |
| USD | &nbsp;&nbsp; 450384 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1655161000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 18493 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 719000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1351468 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 151460 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1201865 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 639813024 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (135538) |
| USD | &nbsp;&nbsp; 471121 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1714881000 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 23958 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 178242677 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3613374 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 31888 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp; 868784000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 231616 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5129) |
| UGX | &nbsp;&nbsp; 865256000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 231261 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5694) |
| USD | &nbsp;&nbsp; 3590569 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 178242677 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (54692) |
| USD | &nbsp;&nbsp; 450384 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1650657000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 20067 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;5866104360 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11004668 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1248618 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;4952628000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9340766 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;8/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 986201 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1926000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3678380 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 333371 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 514915000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 894913 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 177248 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 514945000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 894492 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 176596 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;16348886000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 611402 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;8/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3821 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 10648464 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 46443277 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (245120) |
| PLN | &nbsp;&nbsp; 46443277 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 10933876 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (91523) |
| EUR | &nbsp;&nbsp; 10918643 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 47738492 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (282386) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1097017077 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2054724 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 207135 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1095681507 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2054724 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 204381 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 47738492 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 11236288 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (92300) |

---

*29*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| EUR | &nbsp;&nbsp; 21835109 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 95091901 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/8/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(456520) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1091736437 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2048670 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 199157 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 95091901 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 22377987 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (183934) |
| EUR | &nbsp;&nbsp; 16022181 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 69760576 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (329715) |
| PLN | &nbsp;&nbsp; 69760576 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 16418116 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (137400) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1725761095 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3288730 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 257093 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1470018955 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2811819 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 208545 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 524887 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 31467000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (28853) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1718525888 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3288730 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 239768 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 857865234 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1644365 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 117014 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MNT | &nbsp;&nbsp;&nbsp;&nbsp;1284122600 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 335280 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 15899 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MNT | &nbsp;&nbsp;&nbsp;&nbsp;1323083000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 344822 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;10/5/26 | &nbsp;&nbsp;&nbsp;&nbsp; 16654 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;14318913000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 889373 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/5/26 | &nbsp;&nbsp;&nbsp;&nbsp; 273135 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;7887808991 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 489926 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 150196 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| RUB | &nbsp;&nbsp; 118401000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1477980 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8836 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1660336000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2718520 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 656427 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 450384 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1661917000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 25327 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 145803 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 554613507 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3953 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 450384 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1675429000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 21967 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1644105000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2697465 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 635300 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 450384 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1673177000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 22735 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;2513643000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4154095 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 934314 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1478011000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2705741 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;11/2/26 | &nbsp;&nbsp;&nbsp;&nbsp; 280072 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 528673641 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 894492 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 173145 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;3056768000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 829516 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (50162) |
| USD | &nbsp;&nbsp; 900768 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;3355361000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 45284 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 225192 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 838840000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 11468 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZMW | &nbsp;&nbsp; 7997000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 329501 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;11/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 91617 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;1334129464 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 360089 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20500) |
| USD | &nbsp;&nbsp; 450384 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1682184000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 22201 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 450384 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1683085000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 21972 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 89687000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 676883 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12282) |
| USD | &nbsp;&nbsp; 647560 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 89687000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17041) |
| USD | &nbsp;&nbsp; 450384 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1691192000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 20115 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 225192 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 857982000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6959 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 450384 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;1756498000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;11/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3930 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 448541940 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8116268 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/19/26 | &nbsp;&nbsp;&nbsp;&nbsp; 150003 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 8173075 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 448541940 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (93196) |
| KZT | &nbsp;&nbsp; 885901658 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1644365 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 120880 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 855069814 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1584196 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 119614 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 744471565 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1383390 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 100042 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp;&nbsp;&nbsp;2398197000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1616398 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;12/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6818 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;1264085881 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2378337 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 138033 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| RUB | &nbsp;&nbsp; 159289000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1927435 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;1/13/27 | &nbsp;&nbsp;&nbsp;&nbsp; 4805 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*30*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| NGN | &nbsp;&nbsp; 891546000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 555480 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;1/21/27 | &nbsp;&nbsp;$41949 | &nbsp;&nbsp;$— |
| USD | &nbsp;&nbsp; 1196159 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 984630 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;1/25/27 | &nbsp;&nbsp;&nbsp;&nbsp; 29420 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 227771000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1692207 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (32528) |
| USD | &nbsp;&nbsp; 676879 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 95440000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (18555) |
| USD | &nbsp;&nbsp; 294570 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 39767000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp; 4804 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 676885 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 92564000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp; 2407 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 90871000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 676879 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/18/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (16686) |
| USD | &nbsp;&nbsp; 674112 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 90871000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 13918 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 90702000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 676881 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/24/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (18690) |
| USD | &nbsp;&nbsp; 663263 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 90702000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/24/27 | &nbsp;&nbsp;&nbsp;&nbsp; 5073 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 93025000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 692671 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/2/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (18416) |
| USD | &nbsp;&nbsp; 662100 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 93025000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/2/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12156) |
| KES | &nbsp;&nbsp; 93683000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 692671 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/8/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (14443) |
| USD | &nbsp;&nbsp; 669164 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 93683000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/8/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9064) |
| KZT | &nbsp;&nbsp; 713943000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1291036 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 93144 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;28096455000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2147226 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 62049 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;14037491000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1073613 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 30180 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;14064332000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1073613 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/12/27 | &nbsp;&nbsp;&nbsp;&nbsp; 32086 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;14037491000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1073613 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/12/27 | &nbsp;&nbsp;&nbsp;&nbsp; 29976 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp;&nbsp;&nbsp;2968805000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1953161 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;3/15/27 | &nbsp;&nbsp;&nbsp;&nbsp; 6250 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;20471041723 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1570467 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 37425 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;10227668525 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 785234 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 18096 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;7571699000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 580874 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 13843 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;2064207000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 158480 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 3652 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;1718738000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 131957 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 3041 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;20510303406 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1570467 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 40211 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;10255151703 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 785234 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 20106 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;8952234000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 685470 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 17551 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;4476117000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 342735 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 8776 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;14175503521 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1081274 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/19/27 | &nbsp;&nbsp;&nbsp;&nbsp; 31726 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;25583110000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1942234 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/24/27 | &nbsp;&nbsp;&nbsp;&nbsp; 64591 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| RUB | &nbsp;&nbsp; 331705000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3854865 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;4/13/27 | &nbsp;&nbsp;&nbsp;&nbsp; 78733 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;6186729000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 344953 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/25/27 | &nbsp;&nbsp;&nbsp;&nbsp; 121871 | &nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  |  |  | &nbsp;&nbsp;**$35206705** | &nbsp;&nbsp;**$(33704752)** |

---

*31*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Non-Deliverable Bond Forward Contracts<sup>1</sup>** | **Non-Deliverable Bond Forward Contracts<sup>1</sup>** | **Non-Deliverable Bond Forward Contracts<sup>1</sup>** | **Non-Deliverable Bond Forward Contracts<sup>1</sup>** | **Non-Deliverable Bond Forward Contracts<sup>1</sup>** | **Non-Deliverable Bond Forward Contracts<sup>1</sup>** | **Non-Deliverable Bond Forward Contracts<sup>1</sup>** |
| **Settlement Date** | &nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;**Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Aggregate Cost** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| 5/14/26 | &nbsp;&nbsp;COP | &nbsp;&nbsp;56900000 | &nbsp;&nbsp;Republic of Colombia,<br> 6.00%, 4/28/28 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;$15638355 | &nbsp;&nbsp;$120791 |
| 5/29/26 | &nbsp;&nbsp;COP | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;Republic of Colombia,<br> 6.00%, 4/28/28 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 4947107 | &nbsp;&nbsp;&nbsp;&nbsp;(38860) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$81931** |

---

<sup>1</sup> Represents a short-term forward contract to purchase the reference entity denominated in a non-deliverable foreign currency.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Interest Rate Futures** |  |  |  |  |  |
| Euro-Bobl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;$(8265369) | &nbsp;&nbsp;&nbsp;&nbsp;$131015 |
| U.S. 5-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9920906) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172475 |
| U.S. 10-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;(182) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20128063) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283235 |
| U.S. Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (564219) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23906 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$610631** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88800 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 10.06%<br> (pays upon termination) | 1/4/27 | $(2299581) | $— | $(2299581) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34300 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 10.47%<br> (pays upon termination) | 1/4/27 | &nbsp;&nbsp;&nbsp;&nbsp;(780246) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (780246) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66680 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 14.78%<br> (pays upon termination) | 1/4/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73611 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 73611 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37684 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 10.33%<br> (pays upon termination) | 1/2/29 | (1105154) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1105154) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28020 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 11.89%<br> (pays upon termination) | 1/2/29 | &nbsp;&nbsp;&nbsp;&nbsp;(461196) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (461196) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67456 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 12.61%<br> (pays upon termination) | 1/2/29 | &nbsp;&nbsp;&nbsp;&nbsp;(383123) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (383122) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90100 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 12.61%<br> (pays upon termination) | 1/2/29 | &nbsp;&nbsp;&nbsp;&nbsp;(517070) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (517070) |

---

*32*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;108100 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 12.96%<br> (pays upon termination) | 1/2/29 | $(468721) | $— | $(468721) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37010 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 13.02%<br> (pays upon termination) | 1/2/29 | &nbsp;&nbsp;&nbsp;&nbsp;(232182) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (232182) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26045 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 13.20%<br> (pays upon termination) | 1/2/29 | &nbsp;&nbsp;&nbsp;&nbsp;(116499) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (116499) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19090 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 13.20%<br> (pays upon termination) | 1/2/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26436) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (26436) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38790 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 13.40%<br> (pays upon termination) | 1/2/29 | &nbsp;&nbsp;&nbsp;&nbsp;(132513) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (132513) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48206 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 13.51%<br> (pays upon termination) | 1/2/29 | &nbsp;&nbsp;&nbsp;&nbsp;(157662) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (157662) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14252 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 12.97%<br> (pays upon termination) | 1/2/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81238) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (81238) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 13.03%<br> (pays upon termination) | 1/2/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83090) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (83090) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15200 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 13.10%<br> (pays upon termination) | 1/2/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(74914) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (74914) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15160 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 13.13%<br> (pays upon termination) | 1/2/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(85417) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (85417) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21574 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 13.30%<br> (pays upon termination) | 1/2/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81740) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (81740) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36700 | Pays | Brazil CETIP Interbank Deposit Rate<br> (pays upon termination) | 13.46%<br> (pays upon termination) | 1/2/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(72369) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (72369) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;584900 | Pays | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 2.87%<br> (pays semi-annually) | 5/31/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5662) | &nbsp;&nbsp;&nbsp; 575 | &nbsp;&nbsp;&nbsp; (5087) |
| CLP | 2647200 | Pays | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 4.55%<br> (pays semi-annually) | 12/18/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43809) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (43809) |
| CLP | 13630000 | Pays | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 4.75%<br> (pays semi-annually) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;(138731) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (138731) |
| CLP | 4255590 | Pays | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 4.75%<br> (pays semi-annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50194) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (50194) |
| CLP | 3675200 | Pays | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 4.80%<br> (pays semi-annually) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36770) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (36770) |
| CLP | 4923300 | Pays | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 4.72%<br> (pays semi-annually) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(80083) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (80083) |

---

*33*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| CLP | 4477000 | Pays | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 4.73%<br> (pays semi-annually) | 3/18/31 | $(71475) | $— | $(71475) |
| CLP | 5369000 | Receives | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 5.10%<br> (pays semi-annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2539) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2539) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58000 | Receives | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 5.11%<br> (pays semi-annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (57) |
| CLP | 3362600 | Pays | 6-month Sinacofi Chile Interbank Rate<br> (pays semi-annually) | 4.08%<br> (pays semi-annually) | 7/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;(177476) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (177476) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;450000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 2.40%<br> (pays quarterly) | 12/21/27 | &nbsp;&nbsp;&nbsp;&nbsp;1074675 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1074675 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;215650 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 2.47%<br> (pays quarterly) | 12/21/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551854 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 551854 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 2.28%<br> (pays quarterly) | 9/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131973 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 131973 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 2.29%<br> (pays quarterly) | 9/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132784 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 132784 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 2.48%<br> (pays quarterly) | 9/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345086 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 345086 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62400 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 2.49%<br> (pays quarterly) | 9/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230718 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 230718 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38700 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 2.38%<br> (pays quarterly) | 12/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138821 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 138821 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 2.21%<br> (pays quarterly) | 3/20/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119719 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 119719 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40800 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 2.03%<br> (pays quarterly) | 9/19/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108681 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 108681 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20230 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.44%<br> (pays quarterly) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9205) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9205) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21200 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.46%<br> (pays quarterly) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6877) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6877) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13670 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.49%<br> (pays quarterly) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1755) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1755) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23850 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.50%<br> (pays quarterly) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2723) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2723) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10170 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.50%<br> (pays quarterly) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(872) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (872) |

---

*34*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19890 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.50%<br> (pays quarterly) | 3/19/30 | $(1480) | $— | $(1480) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10200 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.50%<br> (pays quarterly) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(701) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (701) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13460 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.51%<br> (pays quarterly) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(390) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (390) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10150 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.52%<br> (pays quarterly) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14340 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.52%<br> (pays quarterly) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (32) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.66%<br> (pays quarterly) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41019 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 41019 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61070 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.39%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(47808) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (47808) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.44%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15842) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15842) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17460 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.48%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4778) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4778) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25113 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.49%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5814) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5814) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.58%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5249 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 5249 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.46%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12971) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12971) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64900 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.56%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11849 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 11849 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20670 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.60%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9447 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 9447 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85210 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.61%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44263 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 44263 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40250 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.57%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7423 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 7423 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;128490 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.58%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36191 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 36191 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68100 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21236 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 21236 |

---

*35*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31900 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | $10269 | $— | $10269 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31868 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 31868 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32500 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11061 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 11061 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18470 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 18470 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79604 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.64%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51784 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 51784 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48180 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.66%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39097 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 39097 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;135468 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.57%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18799 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 18799 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21948 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.60%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9070 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 9070 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54570 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.61%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25625 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 25625 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.62%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49972 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 49972 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72852 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40772 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 40772 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36520 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20490 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 20490 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29137 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16553 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 16553 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;165200 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95596 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 95596 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;129200 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77946 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 77946 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;103638 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.55%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6650) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6650) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.56%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(514) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (514) |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.56%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 108 |

---

*36*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43110 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.56%<br> (pays quarterly) | 6/17/31 | $(17) | $— | $(17) |
| COP | 95000000 | Pays | Colombia Overnight Interbank Reference Rate<br> (pays quarterly) | 10.45%<br> (pays quarterly) | 3/18/31 | (1265037) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1265037) |
| COP | 56112700 | Pays | Colombia Overnight Interbank Reference Rate<br> (pays quarterly) | 10.57%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(678740) | &nbsp;&nbsp;&nbsp;28481 | &nbsp;&nbsp;&nbsp;&nbsp; (650259) |
| COP | 16091000 | Receives | Colombia Overnight Interbank Reference Rate<br> (pays quarterly) | 11.41%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58139 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 58139 |
| COP | 12000000 | Pays | Colombia Overnight Interbank Reference Rate<br> (pays quarterly) | 10.38%<br> (pays quarterly) | 3/18/36 | &nbsp;&nbsp;&nbsp;&nbsp;(211467) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (211467) |
| COP | 13000000 | Pays | Colombia Overnight Interbank Reference Rate<br> (pays quarterly) | 10.56%<br> (pays quarterly) | 3/18/36 | &nbsp;&nbsp;&nbsp;&nbsp;(191159) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (191159) |
| COP | 17900000 | Pays | Colombia Overnight Interbank Reference Rate<br> (pays quarterly) | 10.75%<br> (pays quarterly) | 3/18/36 | &nbsp;&nbsp;&nbsp;&nbsp;(208083) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (208083) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;110000 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 5.39%<br> (pays annually) | 3/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129611 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 129611 |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53900 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 4.61%<br> (pays annually) | 6/21/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91426 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 91426 |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49200 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 4.15%<br> (pays annually) | 9/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46505 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 46505 |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;593000 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.65%<br> (pays annually) | 6/19/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16199) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (16199) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52000 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.59%<br> (pays annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31877) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (31877) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;102800 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.64%<br> (pays annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51694) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (51694) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58100 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.76%<br> (pays annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13763) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (13763) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;110000 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.88%<br> (pays annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3567 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3567 |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76360 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.79%<br> (pays annually) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86874) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (86874) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95590 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.86%<br> (pays annually) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(95269) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (95269) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;105000 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 4.00%<br> (pays annually) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(71904) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (71904) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93350 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.60%<br> (pays annually) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(154490) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (154490) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;145459 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.64%<br> (pays annually) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(227088) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (227088) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;223900 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.83%<br> (pays annually) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(258481) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (258481) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87400 | Receives | 6-month CZK PRIBOR<br> (pays semi-annually) | 4.28%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24336 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 24336 |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85500 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 4.29%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22516) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (22516) |

---

*37*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31235 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.54%<br> (pays annually) | 3/20/34 | $(93139) | $— | $(93139) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;246212 | Pays | 6-month CZK PRIBOR<br> (pays semi-annually) | 3.56%<br> (pays annually) | 12/18/34 | &nbsp;&nbsp;&nbsp;&nbsp;(793253) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (793253) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp;170764 | Receives | 6-month CZK PRIBOR<br> (pays semi-annually) | 4.62%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(58106) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (58106) |
| HUF | 1660000 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.20%<br> (pays annually) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53544 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 53544 |
| HUF | 3430400 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 5.98%<br> (pays annually) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32459 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 32459 |
| HUF | 3071300 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.19%<br> (pays annually) | 12/18/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293771 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 293771 |
| INR | 1636353 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.23%<br> (pays semi-annually) | 3/20/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54975) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (54975) |
| INR | 1530000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.93%<br> (pays semi-annually) | 12/18/29 | &nbsp;&nbsp;&nbsp;&nbsp;(250726) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (250726) |
| INR | 1940000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.01%<br> (pays semi-annually) | 12/18/29 | &nbsp;&nbsp;&nbsp;&nbsp;(255773) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (255773) |
| INR | 1018000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.28%<br> (pays semi-annually) | 12/18/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33768) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (33768) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;476000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.93%<br> (pays semi-annually) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(93073) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (93073) |
| INR | 3069000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.95%<br> (pays semi-annually) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;(580128) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (580128) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77300 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.06%<br> (pays semi-annually) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11495) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11495) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;559000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.07%<br> (pays semi-annually) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81027) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (81027) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;150900 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.08%<br> (pays semi-annually) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21273) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (21273) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;700000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.21%<br> (pays semi-annually) | 3/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68083) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (68083) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;902000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.81%<br> (pays semi-annually) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;(227163) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (227163) |
| INR | 1080000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.95%<br> (pays semi-annually) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;(208676) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (208676) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;554000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.68%<br> (pays semi-annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(186288) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (186288) |
| INR | 1050000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.69%<br> (pays semi-annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(350130) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (350130) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;469000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.71%<br> (pays semi-annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(153293) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (153293) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;797000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.74%<br> (pays semi-annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(250607) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (250607) |
| INR | 1310000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.77%<br> (pays semi-annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(394867) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (394867) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;978000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.71%<br> (pays semi-annually) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(333592) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (333592) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;910000 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.74%<br> (pays semi-annually) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(300476) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (300476) |

---

*38*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;496350 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 5.93%<br> (pays semi-annually) | 3/18/31 | $(139298) | $— | $(139298) |
| INR | 1864300 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.03%<br> (pays semi-annually) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(441319) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (441319) |
| INR | 2061300 | Pays | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.12%<br> (pays semi-annually) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(408673) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (408673) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;596000 | Receives | 1-day INR FBIL MIBOR<br> (pays semi-annually) | 6.65%<br> (pays semi-annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3633 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3633 |
| KRW | 8267000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.37%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(98895) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (98895) |
| KRW | 12415000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.38%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(148119) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (148119) |
| KRW | 6497000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.38%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(76288) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (76288) |
| KRW | 6200000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.39%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(71988) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (71988) |
| KRW | 9067000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.41%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(98422) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (98422) |
| KRW | 10880000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.44%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(108069) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (108069) |
| KRW | 9862000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.44%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(96539) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (96539) |
| KRW | 4534000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.45%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44021) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44021) |
| KRW | 10880000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.45%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(103026) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (103026) |
| KRW | 7411400 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.47%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(64850) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (64850) |
| KRW | 4533600 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.47%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40090) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (40090) |
| KRW | 4575800 | Receives | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.70%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18334 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 18334 |
| KRW | 4445000 | Receives | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.71%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16306 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 16306 |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;323500 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 9.11%<br> (pays monthly) | 12/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314681 | &nbsp;&nbsp;&nbsp;(4092) | &nbsp;&nbsp;&nbsp; 310589 |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;217000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.27%<br> (pays monthly) | 12/9/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39431 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 39431 |

---

*39*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;196100 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.30%<br> (pays monthly) | 12/9/27 | $40825 | $— | $40825 |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;431000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.93%<br> (pays monthly) | 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50501) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (50501) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;276000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.94%<br> (pays monthly) | 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31726) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (31726) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;250000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.30%<br> (pays monthly) | 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55564 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 55564 |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;456000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.12%<br> (pays monthly) | 1/12/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8184 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 8184 |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;454000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.08%<br> (pays monthly) | 1/13/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9097) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9097) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.04%<br> (pays monthly) | 1/14/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4401) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4401) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;349000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.06%<br> (pays monthly) | 3/7/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38140) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (38140) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;351800 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.04%<br> (pays monthly) | 3/9/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48947) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (48947) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;426000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.08%<br> (pays monthly) | 3/10/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42330) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (42330) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;193000 | Receives | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.53%<br> (pays monthly) | 4/6/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68449) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (68449) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;534049 | Receives | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.54%<br> (pays monthly) | 4/6/28 | &nbsp;&nbsp;&nbsp;&nbsp;(194716) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (194716) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19570 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.07%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(90903) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (90903) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30400 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.09%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(133946) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (133946) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11000 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.12%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44108) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44108) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35700 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.18%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(123574) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (123574) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.19%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53299) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (53299) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26900 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.19%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(88732) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (88732) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32600 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.27%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(78331) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (78331) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16570 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.15%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(67467) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (67467) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71000 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.18%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(259560) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (259560) |

---

*40*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19680 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.26%<br> (pays quarterly) | 12/17/30 | $(55239) | $— | $(55239) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17600 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.28%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44788) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44788) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33200 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.33%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(65570) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (65570) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68100 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.37%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(118899) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (118899) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21400 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.40%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28695) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (28695) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.43%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19592) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (19592) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30000 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.45%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22536) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (22536) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.46%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29515) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (29515) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48690 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.48%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20915) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20915) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51100 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.54%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16706 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 16706 |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38437 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.45%<br> (pays quarterly) | 6/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41513) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (41513) |
| MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39800 | Pays | 3-month MYR KLIBOR<br> (pays quarterly) | 3.54%<br> (pays quarterly) | 6/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3349) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3349) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13250 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 3.87%<br> (pays annually) | 3/3/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4918) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4918) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99138 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 3.91%<br> (pays annually) | 3/3/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26200) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (26200) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 2.84%<br> (pays annually) | 1/10/28 | &nbsp;&nbsp;&nbsp;&nbsp;(577775) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (577775) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23914 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 5.41%<br> (pays annually) | 6/19/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389191 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 389191 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58000 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 5.42%<br> (pays annually) | 6/19/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;954395 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 954395 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13700 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 5.02%<br> (pays annually) | 9/18/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161187 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 161187 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12000 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.03%<br> (pays annually) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2025 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2025 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84200 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 3.94%<br> (pays annually) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(566038) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (566038) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15330 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.17%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(75890) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (75890) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28177 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.18%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;(136073) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (136073) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89000 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.24%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;(369384) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (369384) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54025 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.24%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;(219445) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (219445) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17268 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.25%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68738) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (68738) |

---

*41*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13800 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.43%<br> (pays annually) | 6/17/31 | $24152 | $— | $24152 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51909 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.70%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(74520) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (74520) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42227 | Receives | 6-month PLN WIBOR<br> (pays quarterly) | 4.49%<br> (pays annually) | 8/12/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56139 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 56139 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42227 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.59%<br> (pays annually) | 8/12/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40912) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (40912) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;181230 | Receives | 6-month PLN WIBOR<br> (pays quarterly) | 4.61%<br> (pays annually) | 9/9/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149912 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 149912 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;181230 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.71%<br> (pays annually) | 9/9/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(87415) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (87415) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20500 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 5.19%<br> (pays annually) | 9/21/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333092 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 333092 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18000 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 5.50%<br> (pays annually) | 6/19/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438903 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 438903 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7086 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 5.53%<br> (pays annually) | 6/19/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177229 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 177229 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19321 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.34%<br> (pays annually) | 6/18/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29211 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 29211 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17180 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.91%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44540) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44540) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10261 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.95%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35346) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (35346) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;120000 | Pays | Thai Overnight Repurchase Rate<br> (pays semi-annually) | 1.30%<br> (pays semi-annually) | 11/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3161 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3161 |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;514900 | Pays | Thai Overnight Repurchase Rate<br> (pays semi-annually) | 2.94%<br> (pays semi-annually) | 12/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714600 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 714600 |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27500 | Pays | Thai Overnight Repurchase Rate<br> (pays semi-annually) | 2.95%<br> (pays semi-annually) | 12/20/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38381 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 38381 |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;830000 | Pays | Thai Overnight Repurchase Rate<br> (pays semi-annually) | 2.18%<br> (pays semi-annually) | 6/19/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640811 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 640811 |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;115690 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.35%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28832) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (28832) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32680 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.36%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7545) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7545) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77700 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.37%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17736) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17736) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;136500 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.38%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29548) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (29548) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80000 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.39%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15746) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15746) |

---

*42*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79000 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.40%<br> (pays quarterly) | 6/18/30 | $(14152) | $— | $(14152) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79220 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.41%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14036) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (14036) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96000 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.41%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16845) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (16845) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;132000 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.41%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22523) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (22523) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;259000 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.41%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43174) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (43174) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;282500 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.50%<br> (pays quarterly) | 6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15454) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (15454) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;101800 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.08%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(69618) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (69618) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;192510 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.11%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(121397) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (121398) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;118000 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.26%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50086) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (50086) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;161300 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.30%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(59985) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (59985) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;106700 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.31%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38204) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (38204) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88300 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.35%<br> (pays quarterly) | 9/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26668) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (26668) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;174270 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.15%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(115720) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (115720) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;115670 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.24%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(60396) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (60396) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;260100 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.27%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;(126347) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (126347) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;280700 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.30%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(144376) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (144376) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;310110 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.38%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(117669) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (117669) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;158000 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.40%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56088) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (56088) |

---

*43*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;385300 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.45%<br> (pays quarterly) | 3/18/31 | $(107397) | $— | $(107397) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;128120 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.47%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32781) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (32781) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;163401 | Pays | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.48%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56054) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (56054) |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70900 | Receives | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.69%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2928 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2928 |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;120000 | Receives | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.69%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4599 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4599 |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54100 | Receives | Thai Overnight Repurchase Rate<br> (pays quarterly) | 1.69%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1913 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1913 |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;200000 | Pays | Thai Overnight Repurchase Rate<br> (pays semi-annually) | 1.69%<br> (pays semi-annually) | 11/4/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12474 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 12474 |
| THB | &nbsp;&nbsp;&nbsp;&nbsp;187500 | Pays | Thai Overnight Repurchase Rate<br> (pays semi-annually) | 2.48%<br> (pays semi-annually) | 6/19/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247752 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 247752 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53870 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 7.52%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22584 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 22584 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;167000 | Pays | 3-month ZAR JIBAR<br> (pays quarterly) | 8.47%<br> (pays quarterly) | 9/17/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260992 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 260992 |
| **Total** |  |  |  |  |  | **$(14308207)** | **$24964** | **$(14283243)** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (OTC)** | **Interest Rate Swaps (OTC)** | **Interest Rate Swaps (OTC)** | **Interest Rate Swaps (OTC)** | **Interest Rate Swaps (OTC)** | **Interest Rate Swaps (OTC)** | **Interest Rate Swaps (OTC)** | **Interest Rate Swaps (OTC)** |
| **Counterparty** | &nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;**Portfolio<br> Pays/Receives<br> Floating Rate** | &nbsp;&nbsp;**Floating Rate** | &nbsp;&nbsp;**Annual<br> Fixed Rate** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| Bank of America, N.A. | &nbsp;&nbsp;MYR | &nbsp;&nbsp;112767 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.64%<br> (pays quarterly) | &nbsp;&nbsp;9/18/29 | &nbsp;&nbsp;$175272 |
| Bank of America, N.A. | &nbsp;&nbsp;MYR | &nbsp;&nbsp;138600 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.68%<br> (pays quarterly) | &nbsp;&nbsp;9/18/29 | &nbsp;&nbsp;&nbsp;&nbsp;272233 |
| Bank of America, N.A. | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 4200 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.48%<br> (pays quarterly) | &nbsp;&nbsp;6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp; (84) |
| BNP Paribas | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 17413 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;2.95%<br> (pays quarterly) | &nbsp;&nbsp;3/16/27 | &nbsp;&nbsp;&nbsp;&nbsp;(20368) |
| BNP Paribas | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 3430 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.49%<br> (pays quarterly) | &nbsp;&nbsp;6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp; 20 |
| BNP Paribas | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 3580 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.50%<br> (pays quarterly) | &nbsp;&nbsp;6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp; 758 |
| Citibank, N.A. | &nbsp;&nbsp;CNY | &nbsp;&nbsp; 34000 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;7-day China Fixing Repo Rates<br> (pays quarterly) | &nbsp;&nbsp;2.35%<br> (pays quarterly) | &nbsp;&nbsp;3/20/29 | &nbsp;&nbsp;&nbsp;&nbsp;127005 |

---

*44*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (OTC) (continued)** | **Interest Rate Swaps (OTC) (continued)** | **Interest Rate Swaps (OTC) (continued)** | **Interest Rate Swaps (OTC) (continued)** | **Interest Rate Swaps (OTC) (continued)** | **Interest Rate Swaps (OTC) (continued)** | **Interest Rate Swaps (OTC) (continued)** | **Interest Rate Swaps (OTC) (continued)** |
| **Counterparty** | &nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;**Portfolio<br> Pays/Receives<br> Floating Rate** | &nbsp;&nbsp;**Floating Rate** | &nbsp;&nbsp;**Annual<br> Fixed Rate** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| Citibank, N.A. | &nbsp;&nbsp;MYR | &nbsp;&nbsp;113116 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.64%<br> (pays quarterly) | &nbsp;&nbsp;9/18/29 | &nbsp;&nbsp;$177184 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 19340 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.30%<br> (pays quarterly) | &nbsp;&nbsp;6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;(37745) |
| Standard Chartered Bank | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 34430 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.46%<br> (pays quarterly) | &nbsp;&nbsp;12/18/29 | &nbsp;&nbsp;&nbsp;&nbsp; (2551) |
| Standard Chartered Bank | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 16800 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.58%<br> (pays quarterly) | &nbsp;&nbsp;12/18/29 | &nbsp;&nbsp;&nbsp;&nbsp; 17928 |
| Standard Chartered Bank | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 33500 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.46%<br> (pays quarterly) | &nbsp;&nbsp;6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp; (8434) |
| Standard Chartered Bank | &nbsp;&nbsp;MYR | &nbsp;&nbsp; 79041 | &nbsp;&nbsp;Pays | &nbsp;&nbsp;3-month MYR KLIBOR<br> (pays quarterly) | &nbsp;&nbsp;3.48%<br> (pays quarterly) | &nbsp;&nbsp;6/18/30 | &nbsp;&nbsp;&nbsp;&nbsp; (3611) |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$697607** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** |
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio Receives** | &nbsp;&nbsp;&nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 869 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 10,172,000,000 Uzbekistan Treasury Bonds, 14.00%, 2/4/29 (pays upon termination) &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2/6/29 | &nbsp;&nbsp;&nbsp;&nbsp;$47393 |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;1119 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 12,885,000,000 Uzbekistan Treasury Bonds, 14.00%, 2/4/29 (pays upon termination) &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2/6/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41661 |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 405 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 4,679,000,000 Uzbekistan Treasury Bonds, 15.00%, 1/7/29 (pays upon termination) &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1/7/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30918 |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 562 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 6,442,000,000 Uzbekistan Treasury Bonds, 15.00%, 1/7/29 (pays upon termination) &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1/7/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38674 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$158646** |

---

<sup>1</sup> The Portfolio enters into fully funded total return swap agreements. Under these arrangements, the Portfolio does not make periodic payments to the counterparty.

*45*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Cross-Currency Swaps (OTC)** |  |  |
| **Counterparty** | &nbsp;&nbsp;**Effective Date/<br> Termination<br> Date<sup>(1)</sup>** | &nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| Bank of America, N.A. &nbsp;&nbsp;3-month PLN WIBOR + 0.59% on PLN 57,353,966 (Notional Amount) (pays quarterly) plus EUR equivalent of Notional Amount<sup>(2)</sup> &nbsp;&nbsp;3-month EURIBOR on EUR equivalent of Notional Amount (pays quarterly) plus Notional Amount<sup>(2)</sup> | &nbsp;&nbsp;6/5/26/<br>6/5/29 | &nbsp;&nbsp;$100811 |
|  |  | &nbsp;&nbsp;**$100811** |

---

<sup>(1)</sup> Effective date represents the date on which the Portfolio and counterparty exchange the currencies and begin interest payment accrual.

<sup>(2)</sup> The Portfolio pays interest on the currency received and receives interest on the currency delivered. At the termination date, the notional amount of the currency received will be exchanged for the notional amount of the currency delivered. For non-deliverable currency swaps, the net of the USD amount and USD equivalent of the Notional Amount will be paid or received by the Portfolio.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| BUBOR | – Budapest Interbank Offered Rate |
| EURIBOR | – Euro Interbank Offered Rate |
| FBIL | – Financial Benchmarks India Ltd. |
| JIBAR | – Johannesburg Interbank Average Rate |
| KLIBOR | – Kuala Lumpur Interbank Offered Rate |
| MIBOR | – Mumbai Interbank Offered Rate |
| OTC | – Over-the-counter |
| PRIBOR | – Prague Interbank Offered Rate |
| WIBOR | – Warsaw Interbank Offered Rate |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| ALL | – Albanian Lek |
| AMD | – Armenian Dram |
| BAM | – Bosnia-Herzegovina Convertible Mark |
| BRL | – Brazilian Real |
| CLP | – Chilean Peso |
| CNH | – Yuan Renminbi Offshore |
| CNY | – Yuan Renminbi |
| COP | – Colombian Peso |
| CZK | – Czech Koruna |
| DOP | – Dominican Peso |
| EGP | – Egyptian Pound |
| EUR | – Euro |
| HUF | – Hungarian Forint |
| IDR | – Indonesian Rupiah |
| INR | – Indian Rupee |
| JPY | – Japanese Yen |
| KES | – Kenyan Shilling |
| KRW | – South Korean Won |
| KZT | – Kazakhstani Tenge |
| LKR | – Sri Lankan Rupee |
| MNT | – Mongolia Tughrik |
| MXN | – Mexican Peso |

---

---

| | |
|:---|:---|
| MYR | – Malaysian Ringgit |
| NGN | – Nigerian Naira |
| PEN | – Peruvian Sol |
| PHP | – Philippine Peso |
| PLN | – Polish Zloty |
| PYG | – Paraguayan Guarani |
| RON | – Romanian Leu |
| RSD | – Serbian Dinar |
| RUB | – Russian Ruble |
| THB | – Thai Baht |
| TRY | – Turkish Lira |
| TWD | – New Taiwan Dollar |
| TZS | – Tanzanian Schilling |
| UGX | – Ugandan Shilling |
| USD | – United States Dollar |
| UYU | – Uruguayan Peso |
| UZS | – Uzbekistani Som |
| VND | – Viet Nam Dong |
| ZAR | – South African Rand |
| ZMW | – Zambian Kwacha |

---

*46*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $1,398,564,548) | &nbsp;&nbsp;$1443647653 |
| Affiliated investments, at value (identified cost $294,953,488) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294953488 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94169 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61127691 |
| &nbsp;&nbsp;&nbsp;OTC derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8970000 |
| Foreign currency, at value (identified cost $39,299,662) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39327331 |
| Interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29136599 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565066 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44824257 |
| Receivable for premiums on written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31944 |
| Receivable for variation margin on open centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2238609 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35206705 |
| Receivable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1029857 |
| Upfront payments on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2955458 |
| Receivable for open non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120791 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93675 |
| **Total assets** | &nbsp;&nbsp;**$1964323293** |
| Liabilities |  |
| Cash collateral due to brokers | &nbsp;&nbsp;$8970000 |
| Written options outstanding, at value (premiums received $1,216,557) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362742 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64416505 |
| Payable for closed written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223036 |
| Payable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78267 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33704752 |
| Payable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72793 |
| Payable for open non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38860 |
| 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;&nbsp;&nbsp;&nbsp;951162 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5417 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93675 |
| Accrued foreign capital gains taxes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133745 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528290 |
| **Total liabilities** | &nbsp;&nbsp;**$109579244** |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$1854744049** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income from affiliated investments | &nbsp;&nbsp;$2900582 |
| Interest income (net of foreign taxes withheld of $1,800,698) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71726052 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;954551 |
| **Total investment income** | &nbsp;&nbsp;**$75581185** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$5373408 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43934 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657666 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130109 |
| Interest expense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51960 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59803 |
| **Total expenses** | &nbsp;&nbsp;**$6316880** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$113861 |
| **Total expense reductions** | &nbsp;&nbsp;**$113861** |
| **Net expenses** | &nbsp;&nbsp;**$6203019** |
| **Net investment income** | &nbsp;&nbsp;**$69378166** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions (net of foreign capital gains taxes of $180,941) | &nbsp;&nbsp;$21432364 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;885214 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111388 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2641953) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4730387 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16254852 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1851984) |
| **Net realized gain** | &nbsp;&nbsp;**$38920268** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments (including net decrease in accrued foreign capital gains taxes of $406,013) | &nbsp;&nbsp;$12053088 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208251 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753496 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23009042) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(346607) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9907862 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190812 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(242140)** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$38678128** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$108056294** |

---

*48*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$69378166 | &nbsp;&nbsp;$89292433 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38920268 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27560978) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(242140) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115321398 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$108056294** | &nbsp;&nbsp;**$177052853** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$478465246 | &nbsp;&nbsp;$452773413 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(152843747) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(354239023) |
| **Net increase in net assets from capital transactions** | &nbsp;&nbsp;**$325621499** | &nbsp;&nbsp;**$98534390** |
| **Net increase in net assets** | &nbsp;&nbsp;**$433677793** | &nbsp;&nbsp;**$275587243** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$1421066256 | &nbsp;&nbsp;$1145479013 |
| **At end of period** | &nbsp;&nbsp;**$1854744049** | &nbsp;&nbsp;**$1421066256** |

---

*49*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| <br>Ratios/Supplemental Data | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.73% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.74%<sup>(2)(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86%<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.25%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.12% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.98% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.92%<sup>(5)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.97%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.30%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15.00%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(20.12)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.48%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$1854744** | &nbsp;&nbsp;**$1421066** | &nbsp;&nbsp;**$1145479** | &nbsp;&nbsp;**$1070014** | &nbsp;&nbsp;**$958731** | &nbsp;&nbsp;**$1561621** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.01%, 0.03% and 0.12% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025 and 2024, respectively.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to 0.01%, 0.02%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(5)</sup> Not annualized.

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Emerging Markets Local Income Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a non-diversified, open-end management investment company. The Portfolio's investment objective is total return. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Emerging Markets Local Income Fund and Eaton Vance Strategic Income Fund held an interest of 92.4% and 7.6% respectively, in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.

**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 (including options on securities, indices and foreign currencies) 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. Futures contracts are valued at the closing settlement price established by the board of trade or exchange on which they are traded. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service. Non-deliverable bond forward contracts are generally valued based on the current price of the underlying bond as provided by a third party pricing service and current interest rates. Swaps are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract. In the case of total return swaps, the pricing service valuations are based on the value of the underlying index or instrument and reference interest rate. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.** 

**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.**

**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 Portfolio'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 Portfolio 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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Inflation adjustments to the principal amount of inflation-adjusted bonds and notes are reflected as interest income. Deflation adjustments to the principal amount of an inflation-adjusted bond or note are reflected as reductions to interest income to the extent of interest income previously recorded on such bond or note. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. Withholding taxes on foreign interest and capital gains have been provided for in accordance with the Portfolio's understanding of the applicable countries' tax rules and rates.

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Emerging Markets Local Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

In addition to the requirements of the Internal Revenue Code, the Portfolio may also be subject to local taxes on the recognition of capital gains in certain countries. In determining the daily net asset value, the Portfolio 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 April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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.

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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

H Futures Contracts—Upon entering into a futures contract, the Portfolio is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Portfolio each business day, depending on the daily fluctuations in the value of the underlying security or index, and are recorded as unrealized gains or losses by the Portfolio. Gains (losses) are realized upon the expiration or closing of the futures contracts. Should market conditions change unexpectedly, the Portfolio may not achieve the anticipated benefits of the futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

I Forward Foreign Currency Exchange and Non-Deliverable Bond Forward Contracts—The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. While forward foreign currency exchange contracts are privately negotiated agreements between the Portfolio and a counterparty, certain contracts may be "centrally cleared", whereby all payments made or received by the Portfolio pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared contracts, the Portfolio is required to deposit with the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. For centrally cleared contracts, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. The Portfolio may also enter into non-deliverable bond forward contracts for the purchase of a bond denominated in a non-deliverable foreign currency at a fixed price on a future date. For non-deliverable bond forward contracts, unrealized gains and losses, based on changes in the value of the contract, and realized gains and losses are accounted for as described above. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar. In the case of centrally cleared contracts, counterparty risk is minimal due to protections provided by the CCP.

J Purchased Options—Upon the purchase of a call or put option, the premium paid by the Portfolio is included in the Statement of Assets and Liabilities as an investment. The amount of the investment is subsequently marked-to-market to reflect the current market value of the option purchased, in accordance with the Portfolio's policies on investment valuations discussed above. Premiums paid for purchasing options that expire are treated as realized losses. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying

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[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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investment transaction to determine the realized gain or loss. The risk associated with purchasing options is limited to the premium originally paid. Purchased options traded over-the-counter involve risk that the issuer or counterparty will fail to perform its contractual obligations.

K Written Options—Upon the writing of a call or a put option, the premium received by the Portfolio 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 Portfolio's policies on investment valuations discussed above. Premiums received from writing options that expire are treated as realized gains. Premiums received from writing options that 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 Portfolio 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. The Portfolio, as a writer of an option, may have no control over whether the underlying instrument may be sold (call) or purchased (put) and, as a result, bears the market risk of an unfavorable change in the price of the instrument underlying the written option. The Portfolio may also bear the risk of not being able to enter into a closing transaction if a liquid secondary market does not exist.

L Interest Rate Swaps—Swap contracts are privately negotiated agreements between the Portfolio and a counterparty. Certain swap contracts may be centrally cleared. Pursuant to interest rate swap agreements, the Portfolio either makes floating-rate payments to the counterparty (or CCP in the case of centrally cleared swaps) based on a benchmark interest rate in exchange for fixed-rate payments or the Portfolio makes fixed-rate payments to the counterparty (or CCP in the case of a centrally cleared swap) in exchange for payments on a floating benchmark interest rate. Payments received or made, including amortization of upfront payments/receipts, if any (which are amortized over the life of the swap contract), are recorded as realized gains or losses. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains or losses. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. The value of the swap is determined by changes in the relationship between two rates of interest. The Portfolio is exposed to credit loss in the event of non-performance by the swap counterparty. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP. Risk may also arise from movements in interest rates.

M Cross-Currency Swaps—Cross-currency swaps are interest rate swaps in which interest cash flows are exchanged between two parties based on the notional amounts of two different currencies. The notional amounts are typically determined based on the spot exchange rates at the inception of the trade. Cross-currency swaps also involve the exchange of the notional amounts at the start of the contract at the current spot rate with an agreement to re-exchange such amounts at a later date at either the same exchange rate, a specified rate or the then current spot rate. The entire principal value of a cross-currency swap is subject to the risk that the counterparty to the swap will default on its contractual delivery obligations.

N Total Return Swaps—In a total return swap, the buyer receives a periodic return equal to the total return of a specified security, securities or index for a specified period of time. In return, the buyer pays the counterparty a fixed or variable stream of payments, typically based upon short-term interest rates, possibly plus or minus an agreed upon spread. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains and losses. Periodic payments received or made are recorded as realized gains or losses. Certain total return swap agreements are structured as fully funded swaps. Under these arrangements, the Portfolio makes an upfront payment at inception and does not make or receive periodic payments during the term of the swap. For fully funded total return swaps, realized gains or losses are recognized upon termination or settlement of the agreement. The Portfolio is exposed to credit loss in the event of nonperformance by the swap counterparty. Risk may also arise from the unanticipated movements in value of exchange rates, interest rates, securities, or the index.

O When-Issued Securities and Delayed Delivery Transactions—The Portfolio may purchase securities on a delayed delivery, when-issued or forward commitment basis, including TBA (To Be Announced) securities. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. Securities purchased on a delayed delivery, when-issued or forward commitment basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract. A forward purchase commitment may also be closed by entering into an offsetting commitment. If an offsetting commitment is entered into, the Portfolio will realize a gain or loss on investments based on the price established when the Portfolio entered into the commitment.

P Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

Q Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

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Emerging Markets Local Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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2 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Portfolio. The investment adviser fee is computed at an annual rate as a percentage of the Portfolio'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 $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.650% |
| $1 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.625% |
| $2 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.600% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.575% |

---

For the six months ended April 30, 2026, the Portfolio's investment adviser fee amounted to $5,373,408 or 0.64% (annualized) of the Portfolio's average daily net assets.

Pursuant to an investment sub-advisory agreement effective December 31, 2024, BMR has delegated a portion of the investment management of the Portfolio to Morgan Stanley Investment Management Limited (MSIM Ltd.), an affiliate of BMR and an indirect, wholly-owned subsidiary of Morgan Stanley. BMR pays MSIM Ltd. a portion of its investment adviser fee for sub-advisory services provided to the Portfolio.

The Portfolio 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 fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $113,861 relating to the Portfolio's investment in the Liquidity Fund.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities, paydowns and securities sold short, aggregated $595,834,470 and $509,622,506, respectively, for the six months ended April 30, 2026.

4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Portfolio at April 30, 2026, as determined on a federal income tax basis, were as follows:

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| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$1699885409** |
| Gross unrealized appreciation | &nbsp;&nbsp;$83986629 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49879554) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$34107075** |

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[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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5 Financial Instruments

The Portfolio 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, forward foreign currency exchange contracts, non-deliverable bond forward contracts, futures contracts and swap contracts 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 Portfolio 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:

Foreign Exchange Risk: The Portfolio engaged in forward foreign currency exchange contracts, currency options and cross-currency swaps to enhance total return, to seek to hedge against fluctuations in currency exchange rates and/or as a substitute for the purchase or sale of securities or currencies.

Interest Rate Risk: The Portfolio utilized various interest rate derivatives including non-deliverable bond forward contracts, interest rate futures contracts, interest rate swaps, total return swaps and cross-currency swaps to enhance total return, to seek to hedge against fluctuations in interest rates and/or to change the effective duration of its portfolio.

The Portfolio enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio's net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $34,179,147. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $12,070,461 at April 30, 2026.

The OTC derivatives in which the Portfolio invests (except for written options as the Portfolio, not the counterparty, is obligated to perform) are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio's net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio and/or counterparty is held in segregated accounts by the Portfolio's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Portfolio of Investments. The carrying amount of the liability for cash collateral due to brokers at April 30, 2026 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 8) at April 30, 2026.

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[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

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| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Unaffiliated investments, at value | &nbsp;&nbsp;$1148395 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$1148395 |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24021694<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10125363<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34147057 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35206705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35206705 |
| Receivable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1029857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1029857 |
| Receivable for open non-deliverable bond forward contracts | &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;120791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120791 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$60376794** | &nbsp;&nbsp;**$11276011** | &nbsp;&nbsp;**$71652805** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$24021694** | &nbsp;&nbsp;**$10125363** | &nbsp;&nbsp;**$34147057** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$36355100** | &nbsp;&nbsp;**$1150648** | &nbsp;&nbsp;**$37505748** |
| Written options outstanding, at value | &nbsp;&nbsp;$(362742) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(362742) |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;(17135945)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(23822939)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(40958884) |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;(33704752) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(33704752) |
| Payable for open swap contracts | &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;(72793) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(72793) |
| Payable for open non-deliverable bond forward contracts | &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;(38860) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38860) |
| **Total Liability Derivatives** | &nbsp;&nbsp;**$(51203439)** | &nbsp;&nbsp;**$(23934592)** | &nbsp;&nbsp;**$(75138031)** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$(17135945)** | &nbsp;&nbsp;**$(23822939)** | &nbsp;&nbsp;**$(40958884)** |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$(34067494)** | &nbsp;&nbsp;**$(111653)** | &nbsp;&nbsp;**$(34179147)** |

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<sup>(1)</sup> Only the current day's variation margin on open futures contracts and centrally cleared derivatives is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open futures contracts and centrally cleared derivatives, as applicable.

The Portfolio's derivative assets and liabilities at fair value by risk, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following tables present the Portfolio's derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Portfolio for such assets and pledged by the Portfolio for such liabilities as of April 30, 2026.

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp;**Total Cash<br> Collateral<br> Received** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$3074038 | &nbsp;&nbsp;&nbsp;$(864777) | &nbsp;&nbsp;&nbsp;$(2209261) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5173416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5173416) | &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; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3588068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3588068) | &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; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(563839) | &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; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;10184648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2455103) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(7390000) | &nbsp;&nbsp;&nbsp;&nbsp;339545 | &nbsp;&nbsp;&nbsp;&nbsp;7390000 |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1341049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1341049) | &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; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(263027) | &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; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1575131 | &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;(1520000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55131 | &nbsp;&nbsp;&nbsp;&nbsp;1520000 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8388952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7364803) | &nbsp;&nbsp;&nbsp;&nbsp;(1024149) | &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; — |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(381963) | &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; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |

---

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp;**Total Cash<br> Collateral<br> Received** |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;$2878403 | &nbsp;&nbsp;&nbsp;$(2878403) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48066 | &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;&nbsp;(48066) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45148) | &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; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp;**$37505748** | &nbsp;&nbsp;&nbsp;**$(24919596)** | &nbsp;&nbsp;&nbsp;**$(3233410)** | &nbsp;&nbsp;&nbsp;**$(8958066)** | &nbsp;&nbsp;&nbsp;**$394676** | &nbsp;&nbsp;&nbsp;**$8970000** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** | &nbsp;&nbsp;&nbsp;**Total Cash<br> Collateral<br> Pledged** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$(864777) | &nbsp;&nbsp;&nbsp;$864777 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7308990) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5173416 | &nbsp;&nbsp;&nbsp;&nbsp;1867323 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(268251) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3620568) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3588068 | &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;(32500) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1519034) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563839 | &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;(955195) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2455103) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2455103 | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2728559) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1341049 | &nbsp;&nbsp;&nbsp;&nbsp;1387510 | &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; — |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(387823) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263027 | &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;(124796) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7364803) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7364803 | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1031576) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649613 | &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; — |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6633297) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2878403 | &nbsp;&nbsp;&nbsp;&nbsp;3754894 | &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; — |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(264617) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;219469 | &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;**$(34179147)** | &nbsp;&nbsp;&nbsp;**$24919596** | &nbsp;&nbsp;&nbsp;**$7878809** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$(1380742)** | &nbsp;&nbsp;&nbsp;**$—** |
| **Total — Deposits for derivatives collateral — OTC derivatives** | **Total — Deposits for derivatives collateral — OTC derivatives** | **Total — Deposits for derivatives collateral — OTC derivatives** |  |  |  | &nbsp;&nbsp;&nbsp;**$8970000** |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Statement of Operations Caption** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |
| &nbsp;&nbsp;&nbsp;Investment transactions<sup>(1)</sup> | &nbsp;&nbsp;$(868797) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(868797) |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;885214 | &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;885214 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &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;111388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111388 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2851273) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2641953) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;16254852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16254852 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1851984) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1851984) |
| **Total** | &nbsp;&nbsp;**$16480589** | &nbsp;&nbsp;**$(4591869)** | &nbsp;&nbsp;**$11888720** |
| Change in unrealized appreciation (depreciation): |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments<sup>(1)</sup> | &nbsp;&nbsp;$446017 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$446017 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208251 | &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;208251 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &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;753496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753496 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(23009042) | &nbsp;&nbsp;&nbsp;&nbsp;(23009042) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9907862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9907862 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &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;190812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190812 |
| **Total** | &nbsp;&nbsp;**$10562130** | &nbsp;&nbsp;**$(22064734)** | &nbsp;&nbsp;**$(11502604)** |

---

<sup>(1)</sup> Relates to purchased options.

The average notional cost of futures contracts and average notional amounts of other derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Futures<br> Contracts — Short** | &nbsp;&nbsp;&nbsp;&nbsp;**Forward<br> Foreign Currency<br> Exchange Contracts<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Non-Deliverable<br> Bond Forward<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $55330000 | &nbsp;&nbsp;&nbsp;&nbsp;$3919406000 | &nbsp;&nbsp;&nbsp;&nbsp;$33308000 | &nbsp;&nbsp;&nbsp;&nbsp;$2170585000 |

---

<sup>1</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

The average principal amount of purchased and written currency options contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately $247,313,000 and $75,255,000, respectively.

6 Line of Credit

The Portfolio participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Portfolio solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Portfolio based on its borrowings generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Portfolio, it may be unable to borrow some or all of its requested amounts at any particular time. The Portfolio did not have any significant borrowings or allocated fees during the six months ended April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

7 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $294,953,488, which represents 15.9% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $83602121 | $965769481 | $(754418114) | $— | $— | $294953488 | $2900582 | 294953488 |

---

8 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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Credit Linked Notes | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1879597 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1879597 |
| Foreign Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95056859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95056859 |
| Loan Participation Notes | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7062266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7062266 |
| Sovereign Government Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1031990617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1031990617 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp;294953488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 294953488 |
| &nbsp;&nbsp;&nbsp;Sovereign Government Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105815542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105815542 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200694377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200694377 |
| Purchased Currency Options | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1148395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1148395 |
| **Total Investments** | &nbsp;&nbsp;**$294953488** | &nbsp;&nbsp;&nbsp;&nbsp;**$1436585387** | &nbsp;&nbsp;&nbsp;&nbsp;**$7062266** | &nbsp;&nbsp;&nbsp;&nbsp;**$1738601141** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$59228399 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$59228399 |
| Non-Deliverable Bond Forward Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120791 |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; 610631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 610631 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10544589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10544589 |
| **Total** | &nbsp;&nbsp;**$295564119** | &nbsp;&nbsp;&nbsp;&nbsp;**$1506479166** | &nbsp;&nbsp;&nbsp;&nbsp;**$7062266** | &nbsp;&nbsp;&nbsp;&nbsp;**$1809105551** |
| **Liability Description** |  |  |  |  |
| Written Currency Options | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(362742) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(362742) |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (50840697) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (50840697) |
| Non-Deliverable Bond Forward Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (38860) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (38860) |

---

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

Emerging Markets Local Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Liability Description (continued)** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Swap Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(23895732) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(23895732) |
| **Total** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(75138031)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(75138031)** |

---

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 October 31, 2025 is not presented.

9 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, and by acts of terrorism and war. 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 Portfolio 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.

Economic data as reported by sovereign entities may be delayed, inaccurate or fraudulent. In the event of a default by a sovereign entity, there are typically no assets to be seized or cash flows to be attached. Furthermore, the willingness or ability of a sovereign entity to restructure defaulted debt may be limited. Therefore, losses on sovereign defaults may far exceed the losses from the default of a similarly rated U.S. debt issuer.

------

[**Table of Contents**](#JOB_EV_AR_448fca12-c17c-4a47-9760-6652ae18c1e0_TOC)

EEIAX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Floating-Rate Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804imgde8d7c261.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Floating-Rate Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_9287b3fd-ae06-419b-af74-b90de0a4406b_1)** |  |
| [Item 7 of Form N-CSR:](#xx_0fca2b96-66b1-4231-9570-8f569c4d659c_1) | [Item 7 of Form N-CSR:](#xx_0fca2b96-66b1-4231-9570-8f569c4d659c_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_0fca2b96-66b1-4231-9570-8f569c4d659c_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_0fca2b96-66b1-4231-9570-8f569c4d659c_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_0fca2b96-66b1-4231-9570-8f569c4d659c_4) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_c6c58455-29e3-4514-bbe8-e7fbe06b7888_1) | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_66a02394-834b-47c2-a3ce-2bf29a40f119_1) | 10 |
| [Eaton Vance Floating Rate Portfolio](#xx_2eb8c4db-6135-4ed8-baa9-702db3b79243_1) | [Eaton Vance Floating Rate Portfolio](#xx_2eb8c4db-6135-4ed8-baa9-702db3b79243_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_2eb8c4db-6135-4ed8-baa9-702db3b79243_1) | [Items 6 and 7 of Form N-CSR:](#xx_2eb8c4db-6135-4ed8-baa9-702db3b79243_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_2eb8c4db-6135-4ed8-baa9-702db3b79243_1) | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_6b7eafa9-00dd-4ed8-be80-56b7b2cc4057_1) | 33 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in Eaton Vance Floating Rate Portfolio, at value (identified cost $3,186,912,886) | &nbsp;&nbsp;$3091362255 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1265791 |
| **Total assets** | &nbsp;&nbsp;**$3092628046** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$7530133 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2814046 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383358 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133612 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86612 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559282 |
| **Total liabilities** | &nbsp;&nbsp;**$11507085** |
| **Net Assets** | &nbsp;&nbsp;**$3081120961** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$4431165922 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;(1350044961) |
| **Net Assets** | &nbsp;&nbsp;**$3081120961** |
| Advisers Class Shares |  |
| **Net Assets** | &nbsp;&nbsp;$31727024 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3998841 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.93 |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$421480682 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51337525 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$8.21 |
| **Maximum Offering Price Per Share<br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$8.49 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$48439519 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6111177 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.93 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$2068335093 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260510839 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.94 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited) — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Class R6 Shares |  |
| **Net Assets** | &nbsp;&nbsp;$511138643 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64312402 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.95 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio | &nbsp;&nbsp;$3548830 |
| Interest income allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120632996 |
| Other income allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1381 |
| Expenses allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10966883) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146751 |
| **Total investment income from Portfolio** | &nbsp;&nbsp;**$113363075** |
| Expenses |  |
| Administration fee | &nbsp;&nbsp;$2559681 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90542 |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553577 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270124 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32318 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1265253 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145743 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110608 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86369 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15545 |
| **Total expenses** | &nbsp;&nbsp;**$5130010** |
| **Net investment income** | &nbsp;&nbsp;**$108233065** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(145999035) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1485299) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81623 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5847768 |
| **Net realized loss** | &nbsp;&nbsp;**$(141554943)** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$57339850 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3990992 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005760 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9146630) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$53189972** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(88364971)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$19868094** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$108233065 | &nbsp;&nbsp;$317144940 |
| &nbsp;&nbsp;&nbsp;Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(141554943) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(94207240) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53189972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27130581) |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$19868094** | &nbsp;&nbsp;**$195807119** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;$(2434520) | &nbsp;&nbsp;$(8731846) |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14437865) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37057961) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1557326) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4407977) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77125983) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(213897975) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19343922) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53616220) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(114899616)** | &nbsp;&nbsp;**$(317711979)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;$(76482773) | &nbsp;&nbsp;$(8092915) |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45667939) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(45415271) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10876148) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10422078) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(431599706) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(411017712) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(97958778) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(171432900) |
| **Net decrease in net assets from Fund share transactions** | &nbsp;&nbsp;**$(662585344)** | &nbsp;&nbsp;**$(646380876)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(757616866)** | &nbsp;&nbsp;**$(768285736)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$3838737827 | &nbsp;&nbsp;$4607023563 |
| **At end of period** | &nbsp;&nbsp;**$3081120961** | &nbsp;&nbsp;**$3838737827** |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.15 | &nbsp;&nbsp;$8.37 | &nbsp;&nbsp;$8.29 | &nbsp;&nbsp;$8.15 | &nbsp;&nbsp;$8.81 | &nbsp;&nbsp;$8.47 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.59 | &nbsp;&nbsp;$0.69 | &nbsp;&nbsp;$0.66 | &nbsp;&nbsp;$0.32 | &nbsp;&nbsp;$0.27 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.64) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.34 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.04** | &nbsp;&nbsp;**$0.37** | &nbsp;&nbsp;**$0.80** | &nbsp;&nbsp;**$0.79** | &nbsp;&nbsp;**$(0.32)** | &nbsp;&nbsp;**$0.61** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.59) | &nbsp;&nbsp;$(0.72) | &nbsp;&nbsp;$(0.65) | &nbsp;&nbsp;$(0.34) | &nbsp;&nbsp;$(0.27) |
| **Total distributions** | &nbsp;&nbsp;**$(0.26)** | &nbsp;&nbsp;**$(0.59)** | &nbsp;&nbsp;**$(0.72)** | &nbsp;&nbsp;**$(0.65)** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$(0.27)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.93** | &nbsp;&nbsp;**$8.15** | &nbsp;&nbsp;**$8.37** | &nbsp;&nbsp;**$8.29** | &nbsp;&nbsp;**$8.15** | &nbsp;&nbsp;**$8.81** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.49%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.62%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.82%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.11%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.70)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.30%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$31727 | &nbsp;&nbsp;$110302 | &nbsp;&nbsp;$121691 | &nbsp;&nbsp;$123632 | &nbsp;&nbsp;$77084 | &nbsp;&nbsp;$157768 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.03% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.03% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.27%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.05% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &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;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fees due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

Financial Highlights — continued

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.44 | &nbsp;&nbsp;$8.66 | &nbsp;&nbsp;$8.58 | &nbsp;&nbsp;$8.43 | &nbsp;&nbsp;$9.12 | &nbsp;&nbsp;$8.77 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.61 | &nbsp;&nbsp;$0.72 | &nbsp;&nbsp;$0.67 | &nbsp;&nbsp;$0.35 | &nbsp;&nbsp;$0.28 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.69) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.04** | &nbsp;&nbsp;**$0.40** | &nbsp;&nbsp;**$0.82** | &nbsp;&nbsp;**$0.82** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$0.63** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.62) | &nbsp;&nbsp;$(0.74) | &nbsp;&nbsp;$(0.67) | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.28) |
| **Total distributions** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.62)** | &nbsp;&nbsp;**$(0.74)** | &nbsp;&nbsp;**$(0.67)** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.28)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$8.21** | &nbsp;&nbsp;**$8.44** | &nbsp;&nbsp;**$8.66** | &nbsp;&nbsp;**$8.58** | &nbsp;&nbsp;**$8.43** | &nbsp;&nbsp;**$9.12** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.47%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.72%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.92%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.04%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.78)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.27%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$421481 | &nbsp;&nbsp;$479304 | &nbsp;&nbsp;$538563 | &nbsp;&nbsp;$606136 | &nbsp;&nbsp;$707666 | &nbsp;&nbsp;$751136 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.03% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.03% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.14%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.26% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.79% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.06% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &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;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fees due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.15 | &nbsp;&nbsp;$8.37 | &nbsp;&nbsp;$8.29 | &nbsp;&nbsp;$8.14 | &nbsp;&nbsp;$8.80 | &nbsp;&nbsp;$8.47 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.21 | &nbsp;&nbsp;$0.53 | &nbsp;&nbsp;$0.63 | &nbsp;&nbsp;$0.58 | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$0.20 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.65) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.34 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.01** | &nbsp;&nbsp;**$0.31** | &nbsp;&nbsp;**$0.73** | &nbsp;&nbsp;**$0.74** | &nbsp;&nbsp;**$(0.38)** | &nbsp;&nbsp;**$0.54** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.23) | &nbsp;&nbsp;$(0.53) | &nbsp;&nbsp;$(0.65) | &nbsp;&nbsp;$(0.59) | &nbsp;&nbsp;$(0.28) | &nbsp;&nbsp;$(0.21) |
| **Total distributions** | &nbsp;&nbsp;**$(0.23)** | &nbsp;&nbsp;**$(0.53)** | &nbsp;&nbsp;**$(0.65)** | &nbsp;&nbsp;**$(0.59)** | &nbsp;&nbsp;**$(0.28)** | &nbsp;&nbsp;**$(0.21)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.93** | &nbsp;&nbsp;**$8.15** | &nbsp;&nbsp;**$8.37** | &nbsp;&nbsp;**$8.29** | &nbsp;&nbsp;**$8.14** | &nbsp;&nbsp;**$8.80** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.12%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.84%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.14%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.29%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.43)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.38%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$48440 | &nbsp;&nbsp;$60815 | &nbsp;&nbsp;$73083 | &nbsp;&nbsp;$88377 | &nbsp;&nbsp;$117294 | &nbsp;&nbsp;$135213 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.76% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.81%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.81%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.76%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.39%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.51% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.03% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.32% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &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;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fees due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.16 | &nbsp;&nbsp;$8.38 | &nbsp;&nbsp;$8.30 | &nbsp;&nbsp;$8.15 | &nbsp;&nbsp;$8.82 | &nbsp;&nbsp;$8.48 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.62 | &nbsp;&nbsp;$0.71 | &nbsp;&nbsp;$0.66 | &nbsp;&nbsp;$0.36 | &nbsp;&nbsp;$0.29 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.67) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.05** | &nbsp;&nbsp;**$0.40** | &nbsp;&nbsp;**$0.82** | &nbsp;&nbsp;**$0.82** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$0.64** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.62) | &nbsp;&nbsp;$(0.74) | &nbsp;&nbsp;$(0.67) | &nbsp;&nbsp;$(0.36) | &nbsp;&nbsp;$(0.30) |
| **Total distributions** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.62)** | &nbsp;&nbsp;**$(0.74)** | &nbsp;&nbsp;**$(0.67)** | &nbsp;&nbsp;**$(0.36)** | &nbsp;&nbsp;**$(0.30)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.94** | &nbsp;&nbsp;**$8.16** | &nbsp;&nbsp;**$8.38** | &nbsp;&nbsp;**$8.30** | &nbsp;&nbsp;**$8.15** | &nbsp;&nbsp;**$8.82** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.62%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.89%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.23%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.38%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.57)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.56%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$2068335 | &nbsp;&nbsp;$2563333 | &nbsp;&nbsp;$3056517 | &nbsp;&nbsp;$3343188 | &nbsp;&nbsp;$5269963 | &nbsp;&nbsp;$5988270 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.40%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.29% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &nbsp;&nbsp;&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;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fees due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

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;**Class R6** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.17 | &nbsp;&nbsp;$8.39 | &nbsp;&nbsp;$8.31 | &nbsp;&nbsp;$8.16 | &nbsp;&nbsp;$8.83 | &nbsp;&nbsp;$8.49 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.62 | &nbsp;&nbsp;$0.72 | &nbsp;&nbsp;$0.68 | &nbsp;&nbsp;$0.36 | &nbsp;&nbsp;$0.29 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.21) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.66) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.35 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.05** | &nbsp;&nbsp;**$0.40** | &nbsp;&nbsp;**$0.83** | &nbsp;&nbsp;**$0.83** | &nbsp;&nbsp;**$(0.30)** | &nbsp;&nbsp;**$0.64** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.62) | &nbsp;&nbsp;$(0.75) | &nbsp;&nbsp;$(0.68) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.30) |
| **Total distributions** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.62)** | &nbsp;&nbsp;**$(0.75)** | &nbsp;&nbsp;**$(0.68)** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$(0.30)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.95** | &nbsp;&nbsp;**$8.17** | &nbsp;&nbsp;**$8.39** | &nbsp;&nbsp;**$8.31** | &nbsp;&nbsp;**$8.16** | &nbsp;&nbsp;**$8.83** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.66%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.95%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.29%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.44%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.51)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.61%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$511139 | &nbsp;&nbsp;$624983 | &nbsp;&nbsp;$817169 | &nbsp;&nbsp;$771916 | &nbsp;&nbsp;$625769 | &nbsp;&nbsp;$718642 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76% | &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;&nbsp;&nbsp;&nbsp;0.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.73% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.46%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.51% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.17% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.34% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &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;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fees due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Floating-Rate 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 offers five classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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. Advisers Class, Class I 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 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. Net investment income, other than class-specific expenses, is allocated daily to each class of shares based upon the ratio of the value of each class's paid shares to the total value of all paid shares. 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 Fund invests its assets in interests in Eaton Vance Floating Rate Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objective and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (85.5% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The financial statements of the Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

The Fund declares dividends daily to shareholders of record at the time of declaration. Distributions are generally paid monthly. Distributions of realized capital gains are made at least annually. 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 reinvestment 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $961,485,735 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 October 31, 2025, $67,472,993 are short-term and $894,012,742 are long-term.

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 based on the percentage of the Fund's average daily net assets that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser and receive an advisory fee 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;0.5750% |
| $1 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5250% |
| $2 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4900% |
| $5 billion but less than $10 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4600% |
| $10 billion but less than $15 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4350% |
| $15 billion but less than $20 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4150% |
| $20 billion but less than $25 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4000% |
| $25 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.3900% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. To the extent that the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR) to render investment advisory services. See Note 2 of the Portfolio's Notes to Financial Statements which are included elsewhere in this report. The administration fee is earned by EVM as compensation for administrative services rendered to the Fund. The fee is computed at an annual rate of 0.15% of the Fund's average daily net assets. For six months ended April 30, 2026, the administration fee amounted to $2,559,681. EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $143,229 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 $0 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. The Fund was informed that Morgan Stanley affiliated broker-dealers, which may be deemed to be affiliates of EVM, BMR and EVD, also received a portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026 in the amount of $7,997. EVD also received distribution and service fees from Advisers Class, 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 or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

4 Distribution Plans

The Fund has in effect distribution plans for Advisers Class shares and Class A shares (Advisers/Class A Plan) pursuant to Rule 12b-1 under the 1940 Act. Pursuant to the Advisers/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 Advisers Class and 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 six months ended April 30, 2026 amounted to $90,542 for Advisers Class shares and $553,577 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $202,593 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 Class C shares. 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 six months ended April 30, 2026 amounted to $67,531 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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received $5,016 and $2,839 of CDSCs paid by Class A and Class C shareholders, respectively.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $77,146,482 and $862,452,651, respectively.

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, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Advisers Class** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 375749 | &nbsp;&nbsp;&nbsp;&nbsp;$3075720 | &nbsp;&nbsp;&nbsp;&nbsp; 2323339 | &nbsp;&nbsp;&nbsp;&nbsp;$19247804 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 299747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2411250 | &nbsp;&nbsp;&nbsp;&nbsp; 1051104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8678347 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(10205109) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(81969743) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4378120) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (36019066) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(9529613)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(76482773)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(1003677)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(8092915)** |
| **Class A** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 3652518 | &nbsp;&nbsp;&nbsp;&nbsp;$30428045 | &nbsp;&nbsp;&nbsp;&nbsp; 8731362 | &nbsp;&nbsp;&nbsp;&nbsp;$74939568 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 1476570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12234849 | &nbsp;&nbsp;&nbsp;&nbsp; 3688034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31516768 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(10607191) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(88330833) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17763943) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (151871607) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5478103)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(45667939)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(5344547)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(45415271)** |

---

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[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating-Rate Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 287936 | &nbsp;&nbsp;&nbsp;&nbsp;$2313767 | &nbsp;&nbsp;&nbsp;&nbsp; 1514996 | &nbsp;&nbsp;&nbsp;&nbsp;$12572343 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 174145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1393456 | &nbsp;&nbsp;&nbsp;&nbsp; 477771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3942227 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1817373) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14583371) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3263025) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26936648) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1355292)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(10876148)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(1270258)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(10422078)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;34267430 | &nbsp;&nbsp;&nbsp;&nbsp;$275106163 | &nbsp;&nbsp;&nbsp;&nbsp; 82204191 | &nbsp;&nbsp;&nbsp;&nbsp;$681306217 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 8270638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66280996 | &nbsp;&nbsp;&nbsp;&nbsp; 22476199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 185734321 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(96201085) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(772986865) | &nbsp;&nbsp;&nbsp;&nbsp;(155255759) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1278058250) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(53663017)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(431599706)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(50575369)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(411017712)** |
| **Class R6** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 7112180 | &nbsp;&nbsp;&nbsp;&nbsp;$57391657 | &nbsp;&nbsp;&nbsp;&nbsp; 17627108 | &nbsp;&nbsp;&nbsp;&nbsp;$146540552 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 1443890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11575996 | &nbsp;&nbsp;&nbsp;&nbsp; 3641244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30125740 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(20767726) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(166926431) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42164785) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (348099192) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;**(12211656)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(97958778)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(20896433)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(171432900)** |

---

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[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited)

------

Asset-Backed Securities — 2.9%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| ARES LXXVII CLO Ltd., Series 2025-77A, Class E, 9.223%, (3 mo. SOFR + 5.55%), 7/15/38<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$2011122 |
| Ballyrock CLO Ltd., Series 2019-2A, Class DR3, 9.817%, (3 mo. SOFR + 6.15%), 10/25/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2224937 |
| Barings CLO Ltd., Series 2015-1A, Class DR, 6.537%, (3 mo. SOFR + 2.862%), 1/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2503980 |
| Battalion CLO XXII Ltd., Series 2021-22A, Class E, 10.887%, (3 mo. SOFR + 7.212%), 1/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1288200 |
| Battalion CLO XXIX Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-29A, Class D1, 6.973%, (3 mo. SOFR + 3.30%), 3/31/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1503531 |
| &nbsp;&nbsp;&nbsp;Series 2025-29A, Class E, 10.023%, (3 mo. SOFR + 6.35%), 3/31/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2018490 |
| Benefit Street Partners CLO 48 Ltd., Series 2026-48A, Class E, 8.359%, (3 mo. SOFR + 4.65%), 4/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1007052 |
| Benefit Street Partners CLO XXII Ltd., Series 2020-22A, Class ERR, 8.575%, (3 mo. SOFR + 4.90%), 4/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 989362 |
| BlueMountain CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-3A, Class DR, 7.014%, (3 mo. SOFR + 3.362%), 11/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1501893 |
| &nbsp;&nbsp;&nbsp;Series 2016-3A, Class ER, 9.864%, (3 mo. SOFR + 6.212%), 11/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1141077 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class D, 6.975%, (3 mo. SOFR + 3.312%), 7/30/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2497490 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class E, 9.875%, (3 mo. SOFR + 6.212%), 7/30/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1245358 |
| BlueMountain CLO XXIV Ltd., Series 2019-24A, Class ER, 10.777%, (3 mo. SOFR + 7.102%), 4/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 929156 |
| BlueMountain CLO XXVI Ltd., Series 2019-26A, Class ER, 11.067%, (3 mo. SOFR + 7.392%), 10/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2918325 |
| BlueMountain CLO XXX Ltd., Series 2020-30A, Class ER, 10.373%, (3 mo. SOFR + 6.70%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1886650 |
| Bryant Park Funding Ltd., Series 2026-29A, Class E, 8.562%, (3 mo. SOFR + 4.80%), 4/22/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1002611 |
| Canyon Capital CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2012-1RA, Class E, 9.635%, (3 mo. SOFR + 5.962%), 7/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4875 | &nbsp;&nbsp;&nbsp;&nbsp; 4775682 |
| &nbsp;&nbsp;&nbsp;Series 2016-1A, Class ER, 9.685%, (3 mo. SOFR + 6.012%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3461304 |
| &nbsp;&nbsp;&nbsp;Series 2016-2A, Class ER, 9.935%, (3 mo. SOFR + 6.262%), 10/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 3884674 |
| &nbsp;&nbsp;&nbsp;Series 2017-1A, Class E, 10.185%, (3 mo. SOFR + 6.512%), 7/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3250 | &nbsp;&nbsp;&nbsp;&nbsp; 3167456 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Canyon Capital CLO Ltd.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class D, 6.835%, (3 mo. SOFR + 3.162%), 7/15/31<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;$3021243 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class E, 9.685%, (3 mo. SOFR + 6.012%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2709814 |
| Carlyle U.S. CLO Ltd., Series 2019-4A, Class DR, 10.273%, (3 mo. SOFR + 6.60%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2955252 |
| CIFC Funding Ltd., Series 2022-4A, Class DR, 6.38%, (3 mo. SOFR + 2.70%), 7/16/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1751936 |
| Dryden CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-55A, Class D, 6.785%, (3 mo. SOFR + 3.112%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1508009 |
| &nbsp;&nbsp;&nbsp;Series 2018-55A, Class E, 9.335%, (3 mo. SOFR + 5.662%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1977470 |
| Dryden Senior Loan Fund: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-41A, Class DR, 6.535%, (3 mo. SOFR + 2.862%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5007365 |
| &nbsp;&nbsp;&nbsp;Series 2015-41A, Class ER, 9.235%, (3 mo. SOFR + 5.562%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1268 | &nbsp;&nbsp;&nbsp;&nbsp; 1184808 |
| &nbsp;&nbsp;&nbsp;Series 2016-42A, Class D1AR, 6.973%, (3 mo. SOFR + 3.30%), 7/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2491052 |
| &nbsp;&nbsp;&nbsp;Series 2016-42A, Class ERR, 10.173%, (3 mo. SOFR + 6.50%), 7/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3319960 |
| HalseyPoint CLO 5 Ltd., Series 2021-5A, Class E, 10.865%, (3 mo. SOFR + 7.202%), 1/30/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1660218 |
| Madison Park Funding LIX Ltd., Series 2021-59A, Class ER, 10.075%, (3 mo. SOFR + 6.40%), 4/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1450 | &nbsp;&nbsp;&nbsp;&nbsp; 1312850 |
| Madison Park Funding XXXVI Ltd., Series 2019-36A, Class ERR, 9.273%, (3 mo. SOFR + 5.60%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2222470 |
| Neuberger Berman Loan Advisers CLO 48 Ltd., Series 2022-48A, Class ER, 8.567%, (3 mo. SOFR + 4.90%), 4/25/36<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 3132080 |
| Neuberger Berman Loan Advisers CLO Ltd., Series 2019-34A, Class ER2, 8.675%, (3 mo. SOFR + 5.00%), 7/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp; 850400 |
| New Mountain CLO 8 Ltd., Series CLO-8A, Class E, 8.525%, (3 mo. SOFR + 4.85%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1489878 |
| Palmer Square CLO Ltd., Series 2021-2A, Class ER, 8.773%, (3 mo. SOFR + 5.10%), 2/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 955540 |
| RAD CLO 14 Ltd., Series 2021-14A, Class E, 10.435%, (3 mo. SOFR + 6.762%), 1/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp; 865555 |
| Silver Point CLO 12 Ltd., Series 2025-12A, Class E, 8.673%, (3 mo. SOFR + 5.00%), 10/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1431647 |
| Sixth Street CLO XX Ltd., Series 2021-20A, Class ER, 9.18%, (3 mo. SOFR + 5.50%), 7/17/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 984418 |
| Symphony CLO XXXIII Ltd., Series 2022-33A, Class E1R, 9.017%, (3 mo. SOFR + 5.35%), 1/24/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 948629 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Upland CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-1A, Class CR, 6.837%, (3 mo. SOFR + 3.162%), 4/20/31<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;$4521564 |
| &nbsp;&nbsp;&nbsp;Series 2016-1A, Class DR, 9.837%, (3 mo. SOFR + 6.162%), 4/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2125 | &nbsp;&nbsp;&nbsp;&nbsp; 2101158 |
| Voya CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-3A, Class DR, 10.137%, (3 mo. SOFR + 6.462%), 10/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 5126297 |
| &nbsp;&nbsp;&nbsp;Series 2018-2A, Class E, 9.185%, (3 mo. SOFR + 5.512%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2293422 |
| Wellfleet CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class D, 7.437%, (3 mo. SOFR + 3.762%), 4/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1169422 |
| &nbsp;&nbsp;&nbsp;Series 2021-3A, Class E, 11.035%, (3 mo. SOFR + 7.362%), 1/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp; 842446 |
| Wellington Management CLO 2 Ltd., Series 2024-2A, Class ER, 10.099%, (3 mo. SOFR + 6.43%), 4/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2009976 |
| Windhill CLO 5 Ltd., 13.00%, 10/22/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4685 | &nbsp;&nbsp;&nbsp;&nbsp; 4774927 |
| Total Asset-Backed Securities<br> (identified cost $111,622,682) |  | &nbsp;&nbsp;**$106578156** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Closed-End Funds — 0.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Invesco Senior Income Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303506 | &nbsp;&nbsp;$956044 |
| Nuveen Floating Rate Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 755000 |
| Total Closed-End Funds<br> (identified cost $1,758,624) |  | &nbsp;&nbsp;**$1711044** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Common Stocks — 1.6%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Commercial Services & Supplies — 0.1% | Commercial Services & Supplies — 0.1% | Commercial Services & Supplies — 0.1% |
| Monitronics International, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223950 | &nbsp;&nbsp;$2127525 |
|  |  | &nbsp;&nbsp;**$2127525** |
| Containers and Glass Products — 0.0%<sup>†</sup> | Containers and Glass Products — 0.0%<sup>†</sup> | Containers and Glass Products — 0.0%<sup>†</sup> |
| LG Parent Holding Co.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250979 | &nbsp;&nbsp;$345096 |
|  |  | &nbsp;&nbsp;**$345096** |
| Electronic Equipment, Instruments & Components — 0.4% | Electronic Equipment, Instruments & Components — 0.4% | Electronic Equipment, Instruments & Components — 0.4% |
| Luxco Co. Ltd.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139324 | &nbsp;&nbsp;$2879708 |
| Range Red Acquisitions LLC, Class A1<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8745 | &nbsp;&nbsp;&nbsp;&nbsp; 12054458 |
|  |  | &nbsp;&nbsp;**$14934166** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Electronics/Electrical — 0.0%<sup>†</sup> | Electronics/Electrical — 0.0%<sup>†</sup> | Electronics/Electrical — 0.0%<sup>†</sup> |
| Skillsoft Corp.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44676 | &nbsp;&nbsp;$344899 |
|  |  | &nbsp;&nbsp;**$344899** |
| Entertainment — 0.1% | Entertainment — 0.1% | Entertainment — 0.1% |
| New Cineworld Ltd.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80602 | &nbsp;&nbsp;$1678778 |
|  |  | &nbsp;&nbsp;**$1678778** |
| Health Care — 0.4% | Health Care — 0.4% | Health Care — 0.4% |
| Cano Health, Inc.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314140 | &nbsp;&nbsp;$0 |
| Envision Parent, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778264 | &nbsp;&nbsp;&nbsp;&nbsp; 14942669 |
|  |  | &nbsp;&nbsp;**$14942669** |
| Household Durables — 0.3% | Household Durables — 0.3% | Household Durables — 0.3% |
| Serta Simmons Bedding, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1348933 | &nbsp;&nbsp;$12477630 |
| Serta SSB Equipment Co.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1348933 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp;**$12477630** |
| Investment Companies — 0.0% | Investment Companies — 0.0% | Investment Companies — 0.0% |
| Aegletes BV<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116244 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Machinery — 0.0% | Machinery — 0.0% | Machinery — 0.0% |
| Apex Tool Ultimate Holdings LLC<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113307 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Oil and Gas — 0.0% | Oil and Gas — 0.0% | Oil and Gas — 0.0% |
| AFG Holdings, Inc.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498342 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Pharmaceuticals — 0.3% | Pharmaceuticals — 0.3% | Pharmaceuticals — 0.3% |
| Mallinckrodt International Finance SA<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100308 | &nbsp;&nbsp;$9006806 |
| Par Health, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100308 | &nbsp;&nbsp;&nbsp;&nbsp; 404391 |
|  |  | &nbsp;&nbsp;**$9411197** |
| Retailers (Except Food and Drug) — 0.0% | Retailers (Except Food and Drug) — 0.0% | Retailers (Except Food and Drug) — 0.0% |
| Phillips Feed Service, Inc.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2590 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Software and Services — 0.0% | Software and Services — 0.0% | Software and Services — 0.0% |
| Blackboard LLC<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163296 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Telecommunications — 0.0% | Telecommunications — 0.0% | Telecommunications — 0.0% |
| Anuvu<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364650 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Total Common Stocks<br> (identified cost $98,717,794) |  | &nbsp;&nbsp;**$56261960** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Corporate Bonds — 4.2%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace and Defense — 0.1% | Aerospace and Defense — 0.1% | Aerospace and Defense — 0.1% |
| Goat Holdco LLC, 6.75%, 2/1/32<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;$1845986 |
| TransDigm, Inc., 6.75%, 8/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3175 | &nbsp;&nbsp;&nbsp;&nbsp; 3221857 |
|  |  | &nbsp;&nbsp;**$5067843** |
| Airlines — 0.1% | Airlines — 0.1% | Airlines — 0.1% |
| VistaJet Malta Finance PLC/Vista Management Holding, Inc., 8.75%, 1/15/32<sup>(1)(6)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4850 | &nbsp;&nbsp;$4701838 |
|  |  | &nbsp;&nbsp;**$4701838** |
| Apparel & Luxury Goods — 0.1% | Apparel & Luxury Goods — 0.1% | Apparel & Luxury Goods — 0.1% |
| Champ Acquisition Corp., 8.375%, 12/1/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;$3801524 |
|  |  | &nbsp;&nbsp;**$3801524** |
| Automotive — 0.0%<sup>†</sup> | Automotive — 0.0%<sup>†</sup> | Automotive — 0.0%<sup>†</sup> |
| Adient Global Holdings Ltd., 7.00%, 4/15/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;$687140 |
|  |  | &nbsp;&nbsp;**$687140** |
| Building and Development — 0.1% | Building and Development — 0.1% | Building and Development — 0.1% |
| Smyrna Ready Mix Concrete LLC, 8.875%, 11/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;$2619105 |
| Winnebago Industries, Inc., 6.25%, 7/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;&nbsp; 264871 |
|  |  | &nbsp;&nbsp;**$2883976** |
| Business Equipment and Services — 0.1% | Business Equipment and Services — 0.1% | Business Equipment and Services — 0.1% |
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL, 4.625%, 6/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4475 | &nbsp;&nbsp;$4411644 |
|  |  | &nbsp;&nbsp;**$4411644** |
| Chemicals — 0.4% | Chemicals — 0.4% | Chemicals — 0.4% |
| Olympus Water U.S. Holding Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 10/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9350 | &nbsp;&nbsp;$9101297 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Chemicals (continued) | Chemicals (continued) | Chemicals (continued) |
| Olympus Water U.S. Holding Corp.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.25%, 2/15/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6250 | &nbsp;&nbsp;$6114549 |
|  |  | &nbsp;&nbsp;**$15215846** |
| Commercial Services — 0.2% | Commercial Services — 0.2% | Commercial Services — 0.2% |
| Herc Holdings, Inc., 7.00%, 6/15/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1990 | &nbsp;&nbsp;$2071546 |
| Neptune Bidco U.S., Inc., 9.29%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5550 | &nbsp;&nbsp;&nbsp;&nbsp; 5617652 |
|  |  | &nbsp;&nbsp;**$7689198** |
| Computers — 0.1% | Computers — 0.1% | Computers — 0.1% |
| Diebold Nixdorf, Inc., 7.75%, 3/31/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;$1895338 |
|  |  | &nbsp;&nbsp;**$1895338** |
| Diversified Financial Services — 0.1% | Diversified Financial Services — 0.1% | Diversified Financial Services — 0.1% |
| Aretec Group, Inc., 10.00%, 8/15/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3802 | &nbsp;&nbsp;$4031474 |
|  |  | &nbsp;&nbsp;**$4031474** |
| Diversified Telecommunication Services — 0.7% | Diversified Telecommunication Services — 0.7% | Diversified Telecommunication Services — 0.7% |
| Altice France SA: |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 10/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991 | &nbsp;&nbsp;$972855 |
| &nbsp;&nbsp;&nbsp;6.50%, 4/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10461 | &nbsp;&nbsp;&nbsp;&nbsp; 10294974 |
| &nbsp;&nbsp;&nbsp;9.50%, 11/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7107 | &nbsp;&nbsp;&nbsp;&nbsp; 7259575 |
| Virgin Media Secured Finance PLC, 4.50%, 8/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp; 5757949 |
|  |  | &nbsp;&nbsp;**$24285353** |
| Drugs — 0.3% | Drugs — 0.3% | Drugs — 0.3% |
| Jazz Securities DAC, 4.375%, 1/15/29<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9150 | &nbsp;&nbsp;$8953806 |
|  |  | &nbsp;&nbsp;**$8953806** |
| Engineering & Construction — 0.0%<sup>†</sup> | Engineering & Construction — 0.0%<sup>†</sup> | Engineering & Construction — 0.0%<sup>†</sup> |
| Artera Services LLC, 8.50%, 2/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175 | &nbsp;&nbsp;$1012667 |
|  |  | &nbsp;&nbsp;**$1012667** |
| Entertainment — 0.0%<sup>†</sup> | Entertainment — 0.0%<sup>†</sup> | Entertainment — 0.0%<sup>†</sup> |
| Caesars Entertainment, Inc., 6.50%, 2/15/32<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925 | &nbsp;&nbsp;$899636 |
|  |  | &nbsp;&nbsp;**$899636** |
| Health Care — 0.1% | Health Care — 0.1% | Health Care — 0.1% |
| Global Medical Response, Inc., 7.375%, 10/1/32<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1755 | &nbsp;&nbsp;$1830483 |
| Tenet Healthcare Corp., 4.25%, 6/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150 | &nbsp;&nbsp;&nbsp;&nbsp; 2095394 |
|  |  | &nbsp;&nbsp;**$3925877** |

---

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insurance — 0.3% | Insurance — 0.3% | Insurance — 0.3% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, 7.00%, 1/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;$1787254 |
| Asurion LLC/Asurion Co-Issuer, Inc., 8.375%, 2/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 6911890 |
| Panther Escrow Issuer LLC, 7.125%, 6/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3525 | &nbsp;&nbsp;&nbsp;&nbsp; 3543498 |
|  |  | &nbsp;&nbsp;**$12242642** |
| Machinery — 0.5% | Machinery — 0.5% | Machinery — 0.5% |
| Columbus McKinnon Corp., 7.125%, 2/1/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3150 | &nbsp;&nbsp;$3169688 |
| LSF12 Helix Parent LLC, 7.125%, 2/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1575 | &nbsp;&nbsp;&nbsp;&nbsp; 1541354 |
| Madison IAQ LLC, 4.125%, 6/30/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13050 | &nbsp;&nbsp;&nbsp;&nbsp; 12878274 |
|  |  | &nbsp;&nbsp;**$17589316** |
| Packaging & Containers — 0.1% | Packaging & Containers — 0.1% | Packaging & Containers — 0.1% |
| Sword Purchaser LLC, 8.25%, 4/15/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;$2150407 |
|  |  | &nbsp;&nbsp;**$2150407** |
| Pipelines — 0.0%<sup>†</sup> | Pipelines — 0.0%<sup>†</sup> | Pipelines — 0.0%<sup>†</sup> |
| Delek Logistics Partners LP/Delek Logistics Finance Corp., 7.375%, 6/30/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;$991237 |
|  |  | &nbsp;&nbsp;**$991237** |
| Professional Services — 0.1% | Professional Services — 0.1% | Professional Services — 0.1% |
| CoreLogic, Inc., 4.50%, 5/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3025 | &nbsp;&nbsp;$2944113 |
|  |  | &nbsp;&nbsp;**$2944113** |
| Software — 0.7% | Software — 0.7% | Software — 0.7% |
| Capstone Borrower, Inc., 8.00%, 6/15/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;$5792541 |
| Cloud Software Group, Inc., 9.00%, 9/30/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp; 6977277 |
| OAK-Eagle Acquireco, Inc., 7.25%, 7/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3050 | &nbsp;&nbsp;&nbsp;&nbsp; 3144157 |
| UKG, Inc., 6.875%, 2/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7850 | &nbsp;&nbsp;&nbsp;&nbsp; 7646830 |
|  |  | &nbsp;&nbsp;**$23560805** |
| Telecommunications — 0.1% | Telecommunications — 0.1% | Telecommunications — 0.1% |
| Vmed O2 U.K. Financing I PLC, 4.25%, 1/31/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3550 | &nbsp;&nbsp;$3059154 |
|  |  | &nbsp;&nbsp;**$3059154** |
| Transportation — 0.0%<sup>†</sup> | Transportation — 0.0%<sup>†</sup> | Transportation — 0.0%<sup>†</sup> |
| GB AIT Buyer, Inc., 8.75%, 4/30/34<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;$428046 |
|  |  | &nbsp;&nbsp;**$428046** |
| Total Corporate Bonds<br> (identified cost $152,391,633) |  | &nbsp;&nbsp;**$152428880** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Exchange-Traded Funds — 1.5%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Income Funds — 1.5% | Income Funds — 1.5% | Income Funds — 1.5% |
| Eaton Vance Floating-Rate ETF<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577500 | &nbsp;&nbsp;$28052062 |
| Eldridge BBB-B CLO ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp; 17823375 |
| iShares Broad USD High Yield Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp; 9679800 |
|  |  | &nbsp;&nbsp;**$55555237** |
| Total Exchange-Traded Funds<br> (identified cost $56,768,390) |  | &nbsp;&nbsp;**$55555237** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Preferred Stocks — 0.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Beverages — 0.2% | Beverages — 0.2% | Beverages — 0.2% |
| City Brewing TopCo LLC<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1225519 | &nbsp;&nbsp;$6433975 |
|  |  | &nbsp;&nbsp;**$6433975** |
| Software and Services — 0.0%<sup>†</sup> | Software and Services — 0.0%<sup>†</sup> | Software and Services — 0.0%<sup>†</sup> |
| Blackboard LLC, Series A<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105016 | &nbsp;&nbsp;$1924943 |
|  |  | &nbsp;&nbsp;**$1924943** |
| Technology — 0.1% | Technology — 0.1% | Technology — 0.1% |
| Cohesity Global, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Series G<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78854 | &nbsp;&nbsp;$1567223 |
| &nbsp;&nbsp;&nbsp;Series G1<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54480 | &nbsp;&nbsp;&nbsp;&nbsp; 1082790 |
|  |  | &nbsp;&nbsp;**$2650013** |
| Total Preferred Stocks<br> (identified cost $15,457,283) |  | &nbsp;&nbsp;**$11008931** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Senior Floating-Rate Loans — 83.6%<sup>(8)</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace and Defense — 2.4% | Aerospace and Defense — 2.4% | Aerospace and Defense — 2.4% | Aerospace and Defense — 2.4% |
| Aernnova Aerospace SAU, Term Loan, 6.103%, (3 mo. EURIBOR + 4.00%), 2/27/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5550 | &nbsp;&nbsp;$6469983 |
| Air Comm Corp. LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.423% - 6.45%, (3 mo. USD Term SOFR + 2.75%), 12/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13174 | &nbsp;&nbsp;&nbsp;&nbsp; 13244363 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/11/31<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;&nbsp; 647265 |
| HDI Aerospace Intermediate Holding III Corp., Term Loan, 7.424%, (3 mo. USD Term SOFR + 3.75%), 2/11/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5990 | &nbsp;&nbsp;&nbsp;&nbsp; 6024419 |

---

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace and Defense (continued) | Aerospace and Defense (continued) | Aerospace and Defense (continued) | Aerospace and Defense (continued) |
| Kaman Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 2/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9858 | &nbsp;&nbsp;$9911924 |
| &nbsp;&nbsp;&nbsp;Term Loan, 2/26/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943 | &nbsp;&nbsp;&nbsp;&nbsp; 948576 |
| PMI (US) Bidco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 3.862%, (3 mo. USD Term SOFR + 0.17%), 3/16/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4978 | &nbsp;&nbsp;&nbsp;&nbsp; 5015787 |
| &nbsp;&nbsp;&nbsp;Term Loan, 3/16/33<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797 | &nbsp;&nbsp;&nbsp;&nbsp; 802526 |
| Propulsion (BC) Finco SARL, Term Loan, 12/1/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1410 | &nbsp;&nbsp;&nbsp;&nbsp; 1419257 |
| TransDigm, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/22/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13010 | &nbsp;&nbsp;&nbsp;&nbsp; 13044968 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/28/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12083 | &nbsp;&nbsp;&nbsp;&nbsp; 12114288 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 8/19/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3965 | &nbsp;&nbsp;&nbsp;&nbsp; 3976279 |
| VistaJet Malta Finance PLC, Term Loan, 7.442%, (3 mo. USD Term SOFR + 3.75%), 4/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12071 | &nbsp;&nbsp;&nbsp;&nbsp; 11995921 |
|  |  |  | &nbsp;&nbsp;**$85615556** |
| Airlines — 0.1% | Airlines — 0.1% | Airlines — 0.1% | Airlines — 0.1% |
| American Airlines, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.925%, (3 mo. USD Term SOFR + 2.25%), 4/20/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1934 | &nbsp;&nbsp;$1925598 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.425%, (3 mo. USD Term SOFR + 2.75%), 5/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1980 | &nbsp;&nbsp;&nbsp;&nbsp; 1974842 |
|  |  |  | &nbsp;&nbsp;**$3900440** |
| Apparel & Luxury Goods — 0.6% | Apparel & Luxury Goods — 0.6% | Apparel & Luxury Goods — 0.6% | Apparel & Luxury Goods — 0.6% |
| Beach Acquisition Bidco LLC, Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 9/12/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6858 | &nbsp;&nbsp;$6898548 |
| Gloves Buyer, Inc., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 5/21/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15497 | &nbsp;&nbsp;&nbsp;&nbsp; 15514869 |
|  |  |  | &nbsp;&nbsp;**$22413417** |
| Auto Components — 1.2% | Auto Components — 1.2% | Auto Components — 1.2% | Auto Components — 1.2% |
| Adient U.S. LLC, Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6344 | &nbsp;&nbsp;$6362348 |
| Autokiniton U.S. Holdings, Inc., Term Loan, 7.767%, (1 mo. USD Term SOFR + 4.00%), 4/6/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3611 | &nbsp;&nbsp;&nbsp;&nbsp; 3578748 |
| Clarios Global LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.01%, (1 mo. EURIBOR + 3.00%), 7/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1515 | &nbsp;&nbsp;&nbsp;&nbsp; 1792323 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 1/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5622 | &nbsp;&nbsp;&nbsp;&nbsp; 5655733 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Auto Components (continued) | Auto Components (continued) | Auto Components (continued) | Auto Components (continued) |
| DexKo Global, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.90%, (3 mo. EURIBOR + 4.75%), 10/6/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3848 | &nbsp;&nbsp;$4431886 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.90%, (3 mo. EURIBOR + 4.75%), 10/6/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2620 | &nbsp;&nbsp;&nbsp;&nbsp; 3017809 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.163%, (3 mo. USD Term SOFR + 4.50%), 10/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2057 | &nbsp;&nbsp;&nbsp;&nbsp; 1959959 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.663%, (3 mo. USD Term SOFR + 5.00%), 10/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774 | &nbsp;&nbsp;&nbsp;&nbsp; 741363 |
| First Brands Group LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;DIP Loan, 13.657%, (1 mo. USD Term SOFR + 10.00%), 6/29/26 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;852 | &nbsp;&nbsp;&nbsp;&nbsp; 210507 |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 3/30/27<sup>(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183 | &nbsp;&nbsp;&nbsp;&nbsp; 426 |
| Lippert Colipper, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/25/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3317 | &nbsp;&nbsp;&nbsp;&nbsp; 3320709 |
| RealTruck Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.517%, (3 mo. USD Term SOFR + 4.75%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4104 | &nbsp;&nbsp;&nbsp;&nbsp; 2393974 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.767%, (3 mo. USD Term SOFR + 6.00%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6983 | &nbsp;&nbsp;&nbsp;&nbsp; 4065561 |
| &nbsp;&nbsp;&nbsp;Term Loan, 1/31/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4152 | &nbsp;&nbsp;&nbsp;&nbsp; 4202905 |
|  |  |  | &nbsp;&nbsp;**$41734251** |
| Automobiles — 0.3% | Automobiles — 0.3% | Automobiles — 0.3% | Automobiles — 0.3% |
| Bombardier Recreational Products, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 1/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5823 | &nbsp;&nbsp;$5818365 |
| MajorDrive Holdings IV LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.961%, (3 mo. USD Term SOFR + 4.00%), 6/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4398 | &nbsp;&nbsp;&nbsp;&nbsp; 4208367 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.35%, (3 mo. USD Term SOFR + 5.50%), 6/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2086 | &nbsp;&nbsp;&nbsp;&nbsp; 1995686 |
|  |  |  | &nbsp;&nbsp;**$12022418** |
| Beverages — 0.1% | Beverages — 0.1% | Beverages — 0.1% | Beverages — 0.1% |
| City Brewing Co. LLC, Term Loan, 10.673%, (3 mo. USD Term SOFR + 7.00%), 9/30/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2391 | &nbsp;&nbsp;$358716 |
| Primo Brands Corp., Term Loan, 6.432%, (3 mo. USD Term SOFR + 2.75%), 3/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3650 | &nbsp;&nbsp;&nbsp;&nbsp; 3677229 |
|  |  |  | &nbsp;&nbsp;**$4035945** |
| Biotechnology — 0.6% | Biotechnology — 0.6% | Biotechnology — 0.6% | Biotechnology — 0.6% |
| Alkermes, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 8/12/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5225 | &nbsp;&nbsp;$5270745 |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Biotechnology (continued) | Biotechnology (continued) | Biotechnology (continued) | Biotechnology (continued) |
| Alltech, Inc., Term Loan, 8.017%, (1 mo. USD Term SOFR + 4.25%), 8/13/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15090 | &nbsp;&nbsp;$15160751 |
| Grifols Worldwide Operations USA, Inc., Term Loan, 5.198%, (3 mo. EURIBOR + 3.00%), 4/14/33 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150 | &nbsp;&nbsp;&nbsp;&nbsp; 2539900 |
|  |  |  | &nbsp;&nbsp;**$22971396** |
| Broadline Retail — 0.5% | Broadline Retail — 0.5% | Broadline Retail — 0.5% | Broadline Retail — 0.5% |
| Peer Holding III BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.877%, (3 mo. EURIBOR + 2.75%), 11/26/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5725 | &nbsp;&nbsp;$6756537 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.877%, (3 mo. EURIBOR + 2.75%), 9/29/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175 | &nbsp;&nbsp;&nbsp;&nbsp; 1386892 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 10/28/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6076 | &nbsp;&nbsp;&nbsp;&nbsp; 6102136 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 7/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5277 | &nbsp;&nbsp;&nbsp;&nbsp; 5298499 |
|  |  |  | &nbsp;&nbsp;**$19544064** |
| Building Products — 0.3% | Building Products — 0.3% | Building Products — 0.3% | Building Products — 0.3% |
| Gibraltar Industries, Inc., Term Loan, 5.902% - 5.915%, (1 mo. USD Term SOFR + 2.25%), 2/2/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3854 | &nbsp;&nbsp;$3858664 |
| LBM Acquisition LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 6/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3653 | &nbsp;&nbsp;&nbsp;&nbsp; 3070510 |
| MI Windows & Doors LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/28/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3874 | &nbsp;&nbsp;&nbsp;&nbsp; 3816733 |
|  |  |  | &nbsp;&nbsp;**$10745907** |
| Capital Markets — 3.0% | Capital Markets — 3.0% | Capital Markets — 3.0% | Capital Markets — 3.0% |
| AllSpring Buyer LLC, Term Loan, 6.75%, (3 mo. USD Term SOFR + 3.00%), 11/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12899 | &nbsp;&nbsp;$12968442 |
| Apex Group Treasury LLC, Term Loan, 2/27/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3994 | &nbsp;&nbsp;&nbsp;&nbsp; 3764658 |
| Chicago U.S. Midco III LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11/1/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2177 | &nbsp;&nbsp;&nbsp;&nbsp; 2181622 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11/1/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323 | &nbsp;&nbsp;&nbsp;&nbsp; 324003 |
| Citco Funding LLC, Term Loan, 5.663%, (3 mo. USD Term SOFR + 2.00%), 1/30/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5212 | &nbsp;&nbsp;&nbsp;&nbsp; 5230570 |
| Edelman Financial Center LLC, Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 12/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12818 | &nbsp;&nbsp;&nbsp;&nbsp; 12849807 |
| EIG Management Co. LLC, Term Loan, 8.652%, (1 mo. USD Term SOFR + 5.00%), 5/17/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3562 | &nbsp;&nbsp;&nbsp;&nbsp; 3546450 |
| Focus Financial Partners LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10784 | &nbsp;&nbsp;&nbsp;&nbsp; 10715823 |
| Franklin Square Holdings LP, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 4/25/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2742 | &nbsp;&nbsp;&nbsp;&nbsp; 2550140 |
| Guggenheim Partners LLC, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13885 | &nbsp;&nbsp;&nbsp;&nbsp; 13936849 |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Capital Markets (continued) | Capital Markets (continued) | Capital Markets (continued) |
| HighTower Holdings LLC, Term Loan, 6.413%, (3 mo. USD Term SOFR + 2.75%), 2/3/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6246 | &nbsp;&nbsp;$6250381 |
| Jupiter Borrower, Inc., Term Loan, 3/25/33<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3015000 |
| Kestra Advisor Services Holdings A, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 3/22/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6376 | &nbsp;&nbsp;&nbsp;&nbsp; 6395738 |
| Mariner Wealth Advisors LLC , Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 12/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2488 | &nbsp;&nbsp;&nbsp;&nbsp; 2498644 |
| NEXUS Buyer LLC, Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 7/31/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4224 | &nbsp;&nbsp;&nbsp;&nbsp; 4149332 |
| Orion Advisor Solutions, Inc., Term Loan, 6.413%, (3 mo. USD Term SOFR + 2.75%), 9/24/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9869 | &nbsp;&nbsp;&nbsp;&nbsp; 9873447 |
| Orion U.S. Finco, Inc., Term Loan, 7.169%, (3 mo. USD Term SOFR + 3.50%), 10/8/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6625 | &nbsp;&nbsp;&nbsp;&nbsp; 6628114 |
|  |  | &nbsp;&nbsp;**$106879020** |
| Chemicals — 1.7% | Chemicals — 1.7% | Chemicals — 1.7% |
| Charter NEX U.S., Inc., Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%), 11/29/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15490 | &nbsp;&nbsp;$15511899 |
| Chemours Co., Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6359 | &nbsp;&nbsp;&nbsp;&nbsp; 6355883 |
| CP Iris HoldCo I, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 10/27/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7941 | &nbsp;&nbsp;&nbsp;&nbsp; 7862014 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10/27/32<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234 | &nbsp;&nbsp;&nbsp;&nbsp; 231236 |
| Discovery Purchaser Corp., Term Loan, 7.414%, (3 mo. USD Term SOFR + 3.75%), 10/4/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4359 | &nbsp;&nbsp;&nbsp;&nbsp; 4325110 |
| INEOS U.S. Finance LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 2/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8519 | &nbsp;&nbsp;&nbsp;&nbsp; 7954683 |
| Lonza Group AG, Term Loan, 7.725%, (3 mo. USD Term SOFR + 3.93%), 7/3/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp; 11637 |
| Minerals Technologies, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 11/26/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4740 | &nbsp;&nbsp;&nbsp;&nbsp; 4757775 |
| Olympus Water U.S. Holding Corp., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2950 | &nbsp;&nbsp;&nbsp;&nbsp; 2920734 |
| SCUR-Alpha 1503 GmbH, Term Loan, 9.163%, (3 mo. USD Term SOFR + 5.50%), 3/29/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4559 | &nbsp;&nbsp;&nbsp;&nbsp; 4027623 |
| W.R. Grace & Co.-Conn., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/19/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5522 | &nbsp;&nbsp;&nbsp;&nbsp; 5534896 |
|  |  | &nbsp;&nbsp;**$59493490** |
| Commercial Services & Supplies — 3.9% | Commercial Services & Supplies — 3.9% | Commercial Services & Supplies — 3.9% |
| Albion Financing 3 SARL, Term Loan, 6.664%, (3 mo. USD Term SOFR + 3.00%), 5/21/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11783 | &nbsp;&nbsp;$11855600 |
| Allied Universal Holdco LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 8/20/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16595 | &nbsp;&nbsp;&nbsp;&nbsp; 16661254 |

---

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) |
| Anticimex International AB, Term Loan, 6.56%, (3 mo. USD Term SOFR + 2.90%), 11/17/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7479 | &nbsp;&nbsp;$7509921 |
| Belfor Holdings, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 11/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5683 | &nbsp;&nbsp;&nbsp;&nbsp; 5720467 |
| EnergySolutions LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 9/20/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13365 | &nbsp;&nbsp;&nbsp;&nbsp; 13435857 |
| Foundever Group: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.88%, (3 mo. EURIBOR + 3.75%), 8/28/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3925 | &nbsp;&nbsp;&nbsp;&nbsp; 2403089 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.711%, (3 mo. USD Term SOFR + 3.75%), 8/28/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11895 | &nbsp;&nbsp;&nbsp;&nbsp; 6958325 |
| Garda World Security Corp., Term Loan, 6.419%, (3 mo. USD Term SOFR + 2.75%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13277 | &nbsp;&nbsp;&nbsp;&nbsp; 13285794 |
| Gategroup Fin Luxembourg SA, Term Loan, 7.192%, (3 mo. USD Term SOFR + 3.50%), 6/10/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1985 | &nbsp;&nbsp;&nbsp;&nbsp; 1995784 |
| Geosyntec Consultants, Term Loan, 6.652% - 6.657%, (1 mo. USD Term SOFR + 3.00%), 7/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;945 | &nbsp;&nbsp;&nbsp;&nbsp; 950567 |
| GFL Environmental, Inc., Term Loan, 6.166%, (3 mo. USD Term SOFR + 2.50%), 3/3/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12998 | &nbsp;&nbsp;&nbsp;&nbsp; 13042763 |
| Heritage-Crystal Clean, Inc., Term Loan, 7.461%, (3 mo. USD Term SOFR + 3.75%), 10/17/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13722 | &nbsp;&nbsp;&nbsp;&nbsp; 13790157 |
| LSF12 Crown U.S. Commercial Bidco LLC, Term Loan, 6.665%, (1 mo. USD Term SOFR + 3.00%), 12/2/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18116 | &nbsp;&nbsp;&nbsp;&nbsp; 18240426 |
| Monitronics International, Inc., Term Loan, 11.414% - 11.461%, (1 mo. USD Term SOFR + 7.50%, 3 mo. USD Term SOFR + 7.50%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2209 | &nbsp;&nbsp;&nbsp;&nbsp; 2207327 |
| MV Holding GmbH, Term Loan, 4.01%, (1 mo. EURIBOR + 2.00%), 3/17/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1475 | &nbsp;&nbsp;&nbsp;&nbsp; 1746437 |
| Prime Security Services Borrower LLC, Term Loan, 5.657%, (1 mo. USD Term SOFR + 2.00%), 10/13/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4911 | &nbsp;&nbsp;&nbsp;&nbsp; 4921693 |
| Tidal Waste & Recycling Holdings LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6736 | &nbsp;&nbsp;&nbsp;&nbsp; 6759470 |
|  |  |  | &nbsp;&nbsp;**$141484931** |
| Construction Materials — 0.4% | Construction Materials — 0.4% | Construction Materials — 0.4% | Construction Materials — 0.4% |
| Quikrete Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/19/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8188 | &nbsp;&nbsp;$8205770 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 4/14/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp; 12214 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/10/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4439 | &nbsp;&nbsp;&nbsp;&nbsp; 4447997 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Construction Materials (continued) | Construction Materials (continued) | Construction Materials (continued) | Construction Materials (continued) |
| Smyrna Ready Mix Concrete LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 4/2/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1191 | &nbsp;&nbsp;$1193586 |
|  |  |  | &nbsp;&nbsp;**$13859567** |
| Consumer Staples Distribution & Retail — 0.6% | Consumer Staples Distribution & Retail — 0.6% | Consumer Staples Distribution & Retail — 0.6% | Consumer Staples Distribution & Retail — 0.6% |
| Boots Group Bidco Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.40%, (3 mo. EURIBOR + 3.25%), 8/30/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6075 | &nbsp;&nbsp;$7209171 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.924%, (3 mo. USD Term SOFR + 3.25%), 8/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13292 | &nbsp;&nbsp;&nbsp;&nbsp; 13385194 |
|  |  |  | &nbsp;&nbsp;**$20594365** |
| Containers & Packaging — 2.4% | Containers & Packaging — 2.4% | Containers & Packaging — 2.4% | Containers & Packaging — 2.4% |
| Altium Packaging LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 6/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4691 | &nbsp;&nbsp;$4585880 |
| Berlin Packaging LLC, Term Loan, 6.932% - 6.95%, (3 mo. USD Term SOFR + 3.25%), 6/7/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8812 | &nbsp;&nbsp;&nbsp;&nbsp; 8695028 |
| Clydesdale Acquisition Holdings, Inc., Term Loan, 6.827%, (1 mo. USD Term SOFR + 3.18%), 4/13/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15683 | &nbsp;&nbsp;&nbsp;&nbsp; 15005486 |
| Owens-Illinois, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 9/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6693 | &nbsp;&nbsp;&nbsp;&nbsp; 6617209 |
| Pelican Products, Inc., Term Loan, 12/29/28<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3550 | &nbsp;&nbsp;&nbsp;&nbsp; 3368897 |
| Pregis TopCo Corp., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9970 | &nbsp;&nbsp;&nbsp;&nbsp; 9983856 |
| Proampac PG Borrower LLC, Term Loan, 7.652% - 7.663%, (1 mo. USD Term SOFR + 4.00%, 3 mo. USD Term SOFR + 4.00%), 3/7/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15050 | &nbsp;&nbsp;&nbsp;&nbsp; 14737713 |
| Sword Purchaser LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 4/11/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16325 | &nbsp;&nbsp;&nbsp;&nbsp; 15876062 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/11/33<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2925 | &nbsp;&nbsp;&nbsp;&nbsp; 3380007 |
| Trivium Packaging BV, Term Loan, 5.92%, (3 mo. EURIBOR + 3.75%), 5/28/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp; 5650616 |
|  |  |  | &nbsp;&nbsp;**$87900754** |
| Distributors — 0.2% | Distributors — 0.2% | Distributors — 0.2% | Distributors — 0.2% |
| Parts Europe SA, Term Loan, 4.92%, (3 mo. EURIBOR + 2.75%), 2/6/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5275 | &nbsp;&nbsp;$6248052 |
| Phillips Feed Service, Inc., Term Loan, 14.00%, (3 mo. USD Term SOFR + 10.00%), 11/13/26<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463 | &nbsp;&nbsp;&nbsp;&nbsp; 282936 |
| Rubix Group Midco 3 Ltd., Term Loan, 5.481%, (3 mo. EURIBOR + 3.50%), 9/30/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1753662 |
|  |  |  | &nbsp;&nbsp;**$8284650** |

---

*20*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Diversified Consumer Services — 1.2% | Diversified Consumer Services — 1.2% | Diversified Consumer Services — 1.2% | Diversified Consumer Services — 1.2% |
| Ascend Learning LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 12/11/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8564 | &nbsp;&nbsp;$8429307 |
| Fugue Finance BV, Term Loan, 5.921%, (3 mo. USD Term SOFR + 2.25%), 1/9/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14699 | &nbsp;&nbsp;&nbsp;&nbsp; 14672839 |
| Lernen Bidco Ltd., Term Loan, 7.41%, (6 mo. USD Term SOFR + 3.50%), 10/27/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4963 | &nbsp;&nbsp;&nbsp;&nbsp; 4863251 |
| Spring Education Group, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 10/4/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5431 | &nbsp;&nbsp;&nbsp;&nbsp; 5399877 |
| Wand NewCo 3, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9002 | &nbsp;&nbsp;&nbsp;&nbsp; 9025686 |
|  |  |  | &nbsp;&nbsp;**$42390960** |
| Diversified Telecommunication Services — 0.5% | Diversified Telecommunication Services — 0.5% | Diversified Telecommunication Services — 0.5% | Diversified Telecommunication Services — 0.5% |
| Altice France SA, Term Loan, 9.048%, (3 mo. USD Term SOFR + 5.38%), 5/14/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4862 | &nbsp;&nbsp;$4898054 |
| Level 3 Financing, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 3/29/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10851 | &nbsp;&nbsp;&nbsp;&nbsp; 10900953 |
| Virgin Media Bristol LLC, Term Loan, 6.967%, (6 mo. USD Term SOFR + 3.18%), 3/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2563 | &nbsp;&nbsp;&nbsp;&nbsp; 2404214 |
|  |  |  | &nbsp;&nbsp;**$18203221** |
| Electric Utilities — 0.4% | Electric Utilities — 0.4% | Electric Utilities — 0.4% | Electric Utilities — 0.4% |
| MRP Buyer LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.942% - 6.95%, (3 mo. USD Term SOFR + 3.25%), 6/4/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1603 | &nbsp;&nbsp;$1610694 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 6/4/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12567 | &nbsp;&nbsp;&nbsp;&nbsp; 12630196 |
|  |  |  | &nbsp;&nbsp;**$14240890** |
| Electrical Equipment — 1.0% | Electrical Equipment — 1.0% | Electrical Equipment — 1.0% | Electrical Equipment — 1.0% |
| Dynamo Newco II GmbH, Term Loan, 6.907%, (1 mo. USD Term SOFR + 3.25%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3078 | &nbsp;&nbsp;$2762775 |
| Finco Utilitas BV, Term Loan, 9/27/30<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4750 | &nbsp;&nbsp;&nbsp;&nbsp; 5592257 |
| Kohler Energy Co. LLC, Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 5/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14086 | &nbsp;&nbsp;&nbsp;&nbsp; 14132147 |
| Nvent Electric PLC, Term Loan, 6.665%, (1 mo. USD Term SOFR + 3.00%), 1/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2382 | &nbsp;&nbsp;&nbsp;&nbsp; 2390945 |
| SGB-SMIT Midco GmbH, Term Loan, 3/10/33<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4739597 |
| WEC U.S. Holdings Ltd., Term Loan, 5.665%, (1 mo. USD Term SOFR + 2.00%), 1/27/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5725 | &nbsp;&nbsp;&nbsp;&nbsp; 5744057 |
|  |  |  | &nbsp;&nbsp;**$35361778** |
| Electronic Equipment, Instruments & Components — 1.5% | Electronic Equipment, Instruments & Components — 1.5% | Electronic Equipment, Instruments & Components — 1.5% | Electronic Equipment, Instruments & Components — 1.5% |
| Chamberlain Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 9/8/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16548 | &nbsp;&nbsp;$16550025 |
| Creation Technologies, Inc., Term Loan, 9.436%, (3 mo. USD Term SOFR + 5.50%), 10/5/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12491 | &nbsp;&nbsp;&nbsp;&nbsp; 12420683 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Electronic Equipment, Instruments & Components (continued) | Electronic Equipment, Instruments & Components (continued) | Electronic Equipment, Instruments & Components (continued) | Electronic Equipment, Instruments & Components (continued) |
| Range Red Operating, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.761%, (3 mo. USD Term SOFR + 8.00%), 10/1/29<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3183 | &nbsp;&nbsp;$2546601 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 11.761%, (3 mo. USD Term SOFR + 8.00%), 10/1/29<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13353 | &nbsp;&nbsp;&nbsp;&nbsp; 10682618 |
| Sector Alarm Holding AS, Term Loan, 5.011%, (3 mo. EURIBOR + 3.00%), 6/14/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp; 441036 |
| Spectris PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.377%, (3 mo. EURIBOR + 3.25%), 12/6/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2175 | &nbsp;&nbsp;&nbsp;&nbsp; 2577309 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 12/6/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3541 | &nbsp;&nbsp;&nbsp;&nbsp; 3558848 |
| Verifone Systems, Inc., Term Loan, 9.175%, (3 mo. USD Term SOFR + 5.25%), 8/18/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6406 | &nbsp;&nbsp;&nbsp;&nbsp; 6092019 |
|  |  |  | &nbsp;&nbsp;**$54869139** |
| Energy Equipment & Services — 0.2% | Energy Equipment & Services — 0.2% | Energy Equipment & Services — 0.2% | Energy Equipment & Services — 0.2% |
| PG Investment Co. 59 SARL, Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 3/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8228 | &nbsp;&nbsp;$8280429 |
|  |  |  | &nbsp;&nbsp;**$8280429** |
| Engineering & Construction — 1.7% | Engineering & Construction — 1.7% | Engineering & Construction — 1.7% | Engineering & Construction — 1.7% |
| American Residential Services LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 2/2/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1208 | &nbsp;&nbsp;$1211402 |
| Artera Services LLC, Term Loan, 8.152%, (1 mo. USD Term SOFR + 4.50%), 2/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8499 | &nbsp;&nbsp;&nbsp;&nbsp; 7305751 |
| Azuria Water Solutions, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/25/33<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13279 | &nbsp;&nbsp;&nbsp;&nbsp; 13296011 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/25/33<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1771 | &nbsp;&nbsp;&nbsp;&nbsp; 1772802 |
| Brand Industrial Services, Inc., Term Loan, 8/1/30<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 3920175 |
| Construction Partners, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 11/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4765 | &nbsp;&nbsp;&nbsp;&nbsp; 4800423 |
| Green Infrastructure Partners, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 9/24/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7975 | &nbsp;&nbsp;&nbsp;&nbsp; 8004906 |
| New Arclin U.S. Holding Corp., Term Loan, 8.165%, (1 mo. USD Term SOFR + 4.50%), 4/1/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3725 | &nbsp;&nbsp;&nbsp;&nbsp; 3501500 |
| Northstar Group Services, Inc., Term Loan, 8.413%, (3 mo. USD Term SOFR + 4.75%), 5/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13698 | &nbsp;&nbsp;&nbsp;&nbsp; 13783234 |
| Salas O'Brien, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 1/31/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2635 | &nbsp;&nbsp;&nbsp;&nbsp; 2648175 |
| &nbsp;&nbsp;&nbsp;Term Loan, 1/31/33<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 341700 |
|  |  |  | &nbsp;&nbsp;**$60586079** |

---

*21*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Entertainment — 2.4% | Entertainment — 2.4% | Entertainment — 2.4% | Entertainment — 2.4% |
| Creative Artists Agency LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 10/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9618 | &nbsp;&nbsp;$9657019 |
| Electronic Arts, Inc., Term Loan, 3/24/33<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12125 | &nbsp;&nbsp;&nbsp;&nbsp; 12143188 |
| EOC Borrower LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/24/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28356 | &nbsp;&nbsp;&nbsp;&nbsp; 28508125 |
| Motogp Sports Entertainment Group SL, Term Loan, 4.874%, (6 mo. EURIBOR + 2.75%), 8/18/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1850 | &nbsp;&nbsp;&nbsp;&nbsp; 2187819 |
| Playtika Holding Corp., Term Loan, 6.517%, (1 mo. USD Term SOFR + 2.75%), 3/13/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5755 | &nbsp;&nbsp;&nbsp;&nbsp; 5548118 |
| Pretzel Parent, Inc., Term Loan, 8.152%, (1 mo. USD Term SOFR + 4.50%), 10/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5786 | &nbsp;&nbsp;&nbsp;&nbsp; 5405957 |
| TKO Worldwide Holdings LLC, Term Loan, 5.664%, (3 mo. USD Term SOFR + 2.00%), 11/21/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14584 | &nbsp;&nbsp;&nbsp;&nbsp; 14639365 |
| Varsity Brands, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 8/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7417 | &nbsp;&nbsp;&nbsp;&nbsp; 7414612 |
|  |  |  | &nbsp;&nbsp;**$85504203** |
| Financial Services — 1.3% | Financial Services — 1.3% | Financial Services — 1.3% | Financial Services — 1.3% |
| CPI Holdco B LLC, Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 5/19/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8155 | &nbsp;&nbsp;$8163094 |
| NCR Atleos LLC, Term Loan, 6.686%, (3 mo. USD Term SOFR + 3.00%), 4/16/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7102 | &nbsp;&nbsp;&nbsp;&nbsp; 7109023 |
| Nuvei Technologies Corp., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 11/17/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp; 983923 |
| Planet U.S. Buyer LLC, Term Loan, 6.673%, (3 mo. USD Term SOFR + 3.00%), 2/7/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8850 | &nbsp;&nbsp;&nbsp;&nbsp; 8898314 |
| Shift4 Payments LLC, Term Loan, 5.674%, (3 mo. USD Term SOFR + 2.00%), 7/3/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2269 | &nbsp;&nbsp;&nbsp;&nbsp; 2281136 |
| Synechron, Inc., Term Loan, 7.45%, (3 mo. USD Term SOFR + 3.75%), 10/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9341 | &nbsp;&nbsp;&nbsp;&nbsp; 8632578 |
| TMF Group Holding BV, Term Loan, 6.427% - 6.429%, (3 mo. USD Term SOFR + 2.75%), 5/3/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6373 | &nbsp;&nbsp;&nbsp;&nbsp; 6399234 |
| Walker & Dunlop, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 3/14/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5183 | &nbsp;&nbsp;&nbsp;&nbsp; 5195456 |
|  |  |  | &nbsp;&nbsp;**$47662758** |
| Food Products — 1.5% | Food Products — 1.5% | Food Products — 1.5% | Food Products — 1.5% |
| Del Monte Foods, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 8/2/28<sup>(5)(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 8/2/28<sup>(5)(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776 | &nbsp;&nbsp;&nbsp;&nbsp; 471135 |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.265%, (1 mo. USD Term SOFR + 9.50%), 6/1/26<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2757 | &nbsp;&nbsp;&nbsp;&nbsp; 1673678 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 0.00%, 8/2/28<sup>(5)(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6167 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Froneri Lux Finco SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.877%, (6 mo. USD Term SOFR + 2.25%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4596 | &nbsp;&nbsp;&nbsp;&nbsp; 4569545 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Food Products (continued) | Food Products (continued) | Food Products (continued) | Food Products (continued) |
| Froneri Lux Finco SARL: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.877%, (6 mo. USD Term SOFR + 2.25%), 9/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7132 | &nbsp;&nbsp;$7093861 |
| Golden State Food LLC, Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 12/4/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6569 | &nbsp;&nbsp;&nbsp;&nbsp; 6607651 |
| Newly Weds Foods, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/15/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9230 | &nbsp;&nbsp;&nbsp;&nbsp; 9250464 |
| Nomad Foods Europe Midco Ltd., Term Loan, 6.276%, (6 mo. USD Term SOFR + 2.50%), 10/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7794 | &nbsp;&nbsp;&nbsp;&nbsp; 7608744 |
| PFI Lower Midco LLC, Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 12/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5461 | &nbsp;&nbsp;&nbsp;&nbsp; 5505713 |
| Treehouse Foods, Inc., Term Loan, 7.902%, (1 mo. USD Term SOFR + 4.25%), 2/11/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7925 | &nbsp;&nbsp;&nbsp;&nbsp; 8000565 |
| Valeo F1 Co. Ltd. (Ireland), Term Loan, 8.727%, (1 day GBP SONIA + 5.00%), 9/30/31 | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 3314718 |
|  |  |  | &nbsp;&nbsp;**$54096074** |
| Gas Utilities — 0.0%<sup>†</sup> | Gas Utilities — 0.0%<sup>†</sup> | Gas Utilities — 0.0%<sup>†</sup> | Gas Utilities — 0.0%<sup>†</sup> |
| Stonepeak Bayou Holdings LP, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;$742500 |
|  |  |  | &nbsp;&nbsp;**$742500** |
| Ground Transportation — 0.2% | Ground Transportation — 0.2% | Ground Transportation — 0.2% | Ground Transportation — 0.2% |
| Student Transportation of America Holdings, Inc., Term Loan, 6.424%, (3 mo. USD Term SOFR + 2.75%), 6/24/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7518 | &nbsp;&nbsp;$7580947 |
|  |  |  | &nbsp;&nbsp;**$7580947** |
| Health Care Equipment & Supplies — 1.0% | Health Care Equipment & Supplies — 1.0% | Health Care Equipment & Supplies — 1.0% | Health Care Equipment & Supplies — 1.0% |
| Bausch & Lomb Corp., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 1/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17126 | &nbsp;&nbsp;$17246378 |
| Hologic, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.825%, (3 mo. EURIBOR + 2.75%), 4/7/33 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1351998 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.924%, (3 mo. USD Term SOFR + 2.25%), 4/7/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12300 | &nbsp;&nbsp;&nbsp;&nbsp; 12246249 |
| Journey Personal Care Corp., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 3/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6384 | &nbsp;&nbsp;&nbsp;&nbsp; 6287904 |
|  |  |  | &nbsp;&nbsp;**$37132529** |
| Health Care Providers & Services — 5.8% | Health Care Providers & Services — 5.8% | Health Care Providers & Services — 5.8% | Health Care Providers & Services — 5.8% |
| AEA International Holdings (Lux) SARL, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 9/7/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7431 | &nbsp;&nbsp;$7430572 |
| Cano Health LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.509% - 11.743%, (3 mo. USD Term SOFR + 8.00%), 6/28/29<sup>(5)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423 | &nbsp;&nbsp;&nbsp;&nbsp; 423080 |

---

*22*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) |
| Cano Health LLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.70%, (3 mo. USD Term SOFR + 10.00%), 6/28/29<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1635 | &nbsp;&nbsp;$0 |
| CHG Healthcare Services, Inc., Term Loan, 9/29/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 673312 |
| CNT Holdings I Corp., Term Loan, 6.163%, (3 mo. USD Term SOFR + 2.50%), 11/8/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9975 | &nbsp;&nbsp;&nbsp;&nbsp; 10023738 |
| Concentra Health Services, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 7/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3481 | &nbsp;&nbsp;&nbsp;&nbsp; 3502068 |
| Ensemble RCM LLC, Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/9/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8850 | &nbsp;&nbsp;&nbsp;&nbsp; 8802298 |
| ExamWorks BidCo, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/6/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4695 | &nbsp;&nbsp;&nbsp;&nbsp; 4717447 |
| Global Medical Response, Inc., Term Loan, 7.157%, (1 mo. USD Term SOFR + 3.50%), 10/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10602 | &nbsp;&nbsp;&nbsp;&nbsp; 10654668 |
| Hanger, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/23/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9237 | &nbsp;&nbsp;&nbsp;&nbsp; 9304874 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/23/31<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1197 | &nbsp;&nbsp;&nbsp;&nbsp; 1205676 |
| Heartland Dental LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 8/25/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11290 | &nbsp;&nbsp;&nbsp;&nbsp; 11312323 |
| IVC Acquisition Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.121%, (3 mo. EURIBOR + 4.00%), 12/12/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp; 4830466 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.45%, (3 mo. USD Term SOFR + 3.75%), 12/12/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5762 | &nbsp;&nbsp;&nbsp;&nbsp; 5767072 |
| MDVIP, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 10/14/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5506 | &nbsp;&nbsp;&nbsp;&nbsp; 5522310 |
| MED ParentCo LP, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 4/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9459 | &nbsp;&nbsp;&nbsp;&nbsp; 9493367 |
| Medical Solutions Holdings, Inc., Term Loan - Second Lien, 10.763%, (3 mo. USD Term SOFR + 7.00%), 11/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp;&nbsp;&nbsp; 826500 |
| Mehilainen Yhtiot OYJ, Term Loan, 5.527%, (3 mo. EURIBOR + 3.40%), 8/5/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9925 | &nbsp;&nbsp;&nbsp;&nbsp; 11759891 |
| Midwest Physician Administrative Services LLC, Term Loan, 6.961%, (3 mo. USD Term SOFR + 3.00%), 3/12/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5428 | &nbsp;&nbsp;&nbsp;&nbsp; 4804177 |
| National Mentor Holdings, Inc., Term Loan, 9.652%, (1 mo. USD Term SOFR + 6.00%), 12/12/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21689 | &nbsp;&nbsp;&nbsp;&nbsp; 21813078 |
| Pacific Dental Services LLC, Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%), 3/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11295 | &nbsp;&nbsp;&nbsp;&nbsp; 11335835 |
| Phoenix Guarantor, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/21/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16556 | &nbsp;&nbsp;&nbsp;&nbsp; 16631608 |
| Radiology Partners, Inc., Term Loan, 6/30/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 3647978 |
| Radnet Management, Inc., Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 4/18/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6607 | &nbsp;&nbsp;&nbsp;&nbsp; 6633749 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) |
| Raven Acquisition Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/19/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7654 | &nbsp;&nbsp;$7618863 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11/19/31<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;552 | &nbsp;&nbsp;&nbsp;&nbsp; 549701 |
| Reverb Buyer, Inc., Term Loan, 7.263%, (3 mo. USD Term SOFR + 3.50%), 11/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11176 | &nbsp;&nbsp;&nbsp;&nbsp; 8046890 |
| Select Medical Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 12/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8641 | &nbsp;&nbsp;&nbsp;&nbsp; 8635268 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/31/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6775 | &nbsp;&nbsp;&nbsp;&nbsp; 6808875 |
| Synlab Bondco PLC, Term Loan, 5.415%, (3 mo. EURIBOR + 3.25%), 4/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2125 | &nbsp;&nbsp;&nbsp;&nbsp; 2486037 |
| U.S. Anesthesia Partners, Inc., Term Loan, 7.779%, (1 mo. USD Term SOFR + 4.00%), 10/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4890 | &nbsp;&nbsp;&nbsp;&nbsp; 4905314 |
|  |  |  | &nbsp;&nbsp;**$210167035** |
| Health Care Technology — 1.4% | Health Care Technology — 1.4% | Health Care Technology — 1.4% | Health Care Technology — 1.4% |
| athenahealth Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 2/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16300 | &nbsp;&nbsp;$16262459 |
| Cotiviti Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.415%, (1 mo. USD Term SOFR + 2.75%), 5/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10612 | &nbsp;&nbsp;&nbsp;&nbsp; 9776725 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 6.415%, (1 mo. USD Term SOFR + 2.75%), 3/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2985 | &nbsp;&nbsp;&nbsp;&nbsp; 2749359 |
| Imprivata, Inc., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 12/1/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp; 939 |
| PointClickCare Technologies, Inc., Term Loan, 6.413%, (3 mo. USD Term SOFR + 2.75%), 11/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9461 | &nbsp;&nbsp;&nbsp;&nbsp; 9473168 |
| Project Ruby Ultimate Parent Corp., Term Loan, 6.517%, (1 mo. USD Term SOFR + 2.75%), 3/10/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11287 | &nbsp;&nbsp;&nbsp;&nbsp; 11296948 |
| Waystar Technologies, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 10/22/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1686 | &nbsp;&nbsp;&nbsp;&nbsp; 1690125 |
|  |  |  | &nbsp;&nbsp;**$51249723** |
| Hotels, Restaurants & Leisure — 3.7% | Hotels, Restaurants & Leisure — 3.7% | Hotels, Restaurants & Leisure — 3.7% | Hotels, Restaurants & Leisure — 3.7% |
| Betclic Everest Group: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.541%, (2 mo. EURIBOR + 2.50%), 12/10/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4250 | &nbsp;&nbsp;$4991129 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/10/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3425 | &nbsp;&nbsp;&nbsp;&nbsp; 4030161 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/10/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5975 | &nbsp;&nbsp;&nbsp;&nbsp; 6012344 |
| Caesars Entertainment, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7683 | &nbsp;&nbsp;&nbsp;&nbsp; 7459862 |
| Delivery Hero SE, Term Loan, 8.639%, (3 mo. USD Term SOFR + 5.00%), 12/12/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11421 | &nbsp;&nbsp;&nbsp;&nbsp; 11392313 |
| Fertitta Entertainment LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/27/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5907 | &nbsp;&nbsp;&nbsp;&nbsp; 5866297 |

---

*23*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hotels, Restaurants & Leisure (continued) | Hotels, Restaurants & Leisure (continued) | Hotels, Restaurants & Leisure (continued) | Hotels, Restaurants & Leisure (continued) |
| Flugo BidCo AB, Term Loan, 5.877%, (3 mo. EURIBOR + 3.75%), 11/2/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7794 | &nbsp;&nbsp;$8639780 |
| Flutter Financing BV, Term Loan, 5.45%, (3 mo. USD Term SOFR + 1.75%), 11/30/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8497 | &nbsp;&nbsp;&nbsp;&nbsp; 8485974 |
| GVC Holdings (Gibraltar) Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.635%, (3 mo. EURIBOR + 3.50%), 6/30/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4022 | &nbsp;&nbsp;&nbsp;&nbsp; 4772295 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.951%, (3 mo. USD Term SOFR + 2.25%), 7/31/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2065 | &nbsp;&nbsp;&nbsp;&nbsp; 2068125 |
| Herschend Entertainment Co. LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/27/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4863 | &nbsp;&nbsp;&nbsp;&nbsp; 4890217 |
| Horizon U.S. Finco LP, Term Loan, 8.413%, (3 mo. USD Term SOFR + 4.75%), 10/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9576 | &nbsp;&nbsp;&nbsp;&nbsp; 8917760 |
| IRB Holding Corp., Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 12/16/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10793 | &nbsp;&nbsp;&nbsp;&nbsp; 10833685 |
| Ontario Gaming GTA LP, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 8/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6909 | &nbsp;&nbsp;&nbsp;&nbsp; 6571466 |
| Scientific Games Holdings LP, Term Loan, 6.674%, (3 mo. USD Term SOFR + 3.00%), 4/4/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3970 | &nbsp;&nbsp;&nbsp;&nbsp; 3914355 |
| SeaWorld Parks & Entertainment, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 12/4/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9488 | &nbsp;&nbsp;&nbsp;&nbsp; 9405106 |
| Turquoise Topco Ltd., Term Loan, 6.951%, (3 mo. USD Term SOFR + 3.25%), 12/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11275 | &nbsp;&nbsp;&nbsp;&nbsp; 11091781 |
| Voyager Parent LLC, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 7/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13015 | &nbsp;&nbsp;&nbsp;&nbsp; 13035139 |
|  |  |  | &nbsp;&nbsp;**$132377789** |
| Household Durables — 1.5% | Household Durables — 1.5% | Household Durables — 1.5% | Household Durables — 1.5% |
| Libbey Glass, Inc., Term Loan, 10.32%, (3 mo. USD Term SOFR + 6.50%), 11/22/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13886 | &nbsp;&nbsp;$11270979 |
| Madison Safety & Flow LLC, Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 9/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1538 | &nbsp;&nbsp;&nbsp;&nbsp; 1543134 |
| PHRG Intermediate LLC, Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 2/20/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8933 | &nbsp;&nbsp;&nbsp;&nbsp; 8904631 |
| Serta Simmons Bedding LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.287%, (3 mo. USD Term SOFR + 7.50%), 6/29/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2129 | &nbsp;&nbsp;&nbsp;&nbsp; 2131471 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.314%, (3 mo. USD Term SOFR + 7.50%), 6/29/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19609 | &nbsp;&nbsp;&nbsp;&nbsp; 18451968 |
| Somnigroup International, Inc., Term Loan, 5.90%, (1 mo. USD Term SOFR + 2.25%), 10/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11849 | &nbsp;&nbsp;&nbsp;&nbsp; 11917897 |
|  |  |  | &nbsp;&nbsp;**$54220080** |
| Independent Power and Renewable Electricity Producers — 0.4% | Independent Power and Renewable Electricity Producers — 0.4% | Independent Power and Renewable Electricity Producers — 0.4% | Independent Power and Renewable Electricity Producers — 0.4% |
| Cogentrix Finance Holdco I LLC, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1989 | &nbsp;&nbsp;$1999868 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Independent Power and Renewable Electricity Producers (continued) | Independent Power and Renewable Electricity Producers (continued) | Independent Power and Renewable Electricity Producers (continued) | Independent Power and Renewable Electricity Producers (continued) |
| Invenergy Thermal Operating I LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.38%, (3 mo. USD Term SOFR + 2.75%), 5/17/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10535 | &nbsp;&nbsp;$10634258 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.38%, (3 mo. USD Term SOFR + 2.75%), 5/17/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685 | &nbsp;&nbsp;&nbsp;&nbsp; 691650 |
| Talen Energy Supply LLC, Term Loan, 6.153%, (3 mo. USD Term SOFR + 2.50%), 12/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1489 | &nbsp;&nbsp;&nbsp;&nbsp; 1496003 |
|  |  |  | &nbsp;&nbsp;**$14821779** |
| Industrial Conglomerates — 0.2% | Industrial Conglomerates — 0.2% | Industrial Conglomerates — 0.2% | Industrial Conglomerates — 0.2% |
| Ammeraal Beltech Holding BV, Term Loan, 7.127%, (3 mo. EURIBOR + 5.00%), 12/30/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4198 | &nbsp;&nbsp;$4256161 |
| Bettcher Industries, Inc., Term Loan, 7.68%, (U.S. (Fed) Prime Rate + 4.00%), 4/15/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3526250 |
|  |  |  | &nbsp;&nbsp;**$7782411** |
| Insurance — 3.9% | Insurance — 3.9% | Insurance — 3.9% | Insurance — 3.9% |
| Acrisure LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/6/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18898 | &nbsp;&nbsp;$18647338 |
| Alera Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 5/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11037 | &nbsp;&nbsp;&nbsp;&nbsp; 10931690 |
| Alliant Holdings Intermediate LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/19/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13478 | &nbsp;&nbsp;&nbsp;&nbsp; 13471350 |
| AmWINS Group, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 1/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2208 | &nbsp;&nbsp;&nbsp;&nbsp; 2208768 |
| Broadstreet Partners, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 6/13/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24120 | &nbsp;&nbsp;&nbsp;&nbsp; 23996426 |
| HUB International Ltd., Term Loan, 5.922%, (3 mo. USD Term SOFR + 2.25%), 6/20/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19524 | &nbsp;&nbsp;&nbsp;&nbsp; 19593390 |
| IMA Financial Group, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8938 | &nbsp;&nbsp;&nbsp;&nbsp; 8941038 |
| Jones DesLauriers Insurance Management, Inc., Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/2/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4775 | &nbsp;&nbsp;&nbsp;&nbsp; 4721281 |
| Siaci Saint Honore, Term Loan, 5.377%, (3 mo. EURIBOR + 3.25%), 7/26/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9125 | &nbsp;&nbsp;&nbsp;&nbsp; 10760584 |
| Trucordia Insurance Holdings LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 6/17/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11056 | &nbsp;&nbsp;&nbsp;&nbsp; 10585739 |
| Truist Insurance Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 5/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2988 | &nbsp;&nbsp;&nbsp;&nbsp; 2972964 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 8.45%, (3 mo. USD Term SOFR + 4.75%), 5/6/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1842 | &nbsp;&nbsp;&nbsp;&nbsp; 1828290 |
| USI, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 11/21/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3399 | &nbsp;&nbsp;&nbsp;&nbsp; 3407091 |

---

*24*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insurance (continued) | Insurance (continued) | Insurance (continued) | Insurance (continued) |
| USI, Inc.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 9/29/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7343 | &nbsp;&nbsp;$7359918 |
|  |  |  | &nbsp;&nbsp;**$139425867** |
| Interactive Media & Services — 0.4% | Interactive Media & Services — 0.4% | Interactive Media & Services — 0.4% | Interactive Media & Services — 0.4% |
| Aragorn Parent Corp., Term Loan, 7.163%, (3 mo. USD Term SOFR + 3.50%), 12/15/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5561 | &nbsp;&nbsp;$5591163 |
| Arches Buyer, Inc., Term Loan, 12/6/27<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 5500688 |
| Foundational Education Group, Inc., Term Loan, 7.675%, (3 mo. USD Term SOFR + 3.75%), 8/31/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5005 | &nbsp;&nbsp;&nbsp;&nbsp; 4621528 |
|  |  |  | &nbsp;&nbsp;**$15713379** |
| IT Services — 2.3% | IT Services — 2.3% | IT Services — 2.3% | IT Services — 2.3% |
| Ahead DB Holdings LLC, Term Loan, 2/3/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;$3674563 |
| Asurion LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.413%, (3 mo. USD Term SOFR + 3.75%), 2/23/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15792 | &nbsp;&nbsp;&nbsp;&nbsp; 15563666 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.017%, (1 mo. USD Term SOFR + 5.25%), 1/20/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932 | &nbsp;&nbsp;&nbsp;&nbsp; 936611 |
| Aurora Lux Finco SARL, Term Loan, 8.95%, (3 mo. USD Term SOFR + 5.25%), 10/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8259 | &nbsp;&nbsp;&nbsp;&nbsp; 7428208 |
| Gainwell Acquisition Corp., Term Loan, 7.80%, (3 mo. USD Term SOFR + 4.00%), 10/1/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11865 | &nbsp;&nbsp;&nbsp;&nbsp; 11684367 |
| Indy U.S. Bidco LLC, Term Loan, 4.76%, (1 mo. EURIBOR + 2.75%), 10/31/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp; 3061757 |
| NAB Holdings LLC, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/23/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6549 | &nbsp;&nbsp;&nbsp;&nbsp; 6135565 |
| Newfold Digital Holdings Group, Inc., Term Loan, 7.26%, (1 mo. USD Term SOFR + 3.50%), 4/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3398 | &nbsp;&nbsp;&nbsp;&nbsp; 2338776 |
| Nielsen Consumer, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 10/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2035 | &nbsp;&nbsp;&nbsp;&nbsp; 2036178 |
| Plano HoldCo, Inc., Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 10/2/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1895 | &nbsp;&nbsp;&nbsp;&nbsp; 1543017 |
| Sedgwick Claims Management Services, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 7/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21547 | &nbsp;&nbsp;&nbsp;&nbsp; 21420141 |
| Trio Bidco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 10/29/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3348 | &nbsp;&nbsp;&nbsp;&nbsp; 3269519 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10/29/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352 | &nbsp;&nbsp;&nbsp;&nbsp; 344160 |
| Virtusa Corp., Term Loan, 2/15/29<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp; 2498621 |
|  |  |  | &nbsp;&nbsp;**$81935149** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Leisure Products — 0.9% | Leisure Products — 0.9% | Leisure Products — 0.9% | Leisure Products — 0.9% |
| GSM Holdings, Inc., Term Loan, 8.70%, (3 mo. USD Term SOFR + 5.00%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6673 | &nbsp;&nbsp;$6666068 |
| Hayward Industries, Inc., Term Loan, 6.267%, (1 mo. USD Term SOFR + 2.50%), 5/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5551 | &nbsp;&nbsp;&nbsp;&nbsp; 5583179 |
| Recess Holdings, Inc., Term Loan, 7.417%, (3 mo. USD Term SOFR + 3.75%), 2/20/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19610 | &nbsp;&nbsp;&nbsp;&nbsp; 19723143 |
|  |  |  | &nbsp;&nbsp;**$31972390** |
| Life Sciences Tools & Services — 0.8% | Life Sciences Tools & Services — 0.8% | Life Sciences Tools & Services — 0.8% | Life Sciences Tools & Services — 0.8% |
| Loire Finco Luxembourg SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.761%, (3 mo. EURIBOR + 3.75%), 1/21/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5775 | &nbsp;&nbsp;$6812326 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 1/21/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1097 | &nbsp;&nbsp;&nbsp;&nbsp; 1100359 |
| Normec 1 BV, Term Loan, 5.26%, (1 mo. EURIBOR + 3.25%), 4/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1186126 |
| Sotera Health Holdings LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12533 | &nbsp;&nbsp;&nbsp;&nbsp; 12598466 |
| Star Parent, Inc., Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 9/27/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp; 7311424 |
|  |  |  | &nbsp;&nbsp;**$29008701** |
| Machinery — 5.8% | Machinery — 5.8% | Machinery — 5.8% | Machinery — 5.8% |
| AAG U.S. GSI Bidco, Inc., Term Loan, 8.70%, (3 mo. USD Term SOFR + 5.00%), 10/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6686 | &nbsp;&nbsp;$6719840 |
| AI Aqua Merger Sub, Inc., Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%, 3 mo. USD Term SOFR + 2.50%), 7/31/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23119 | &nbsp;&nbsp;&nbsp;&nbsp; 23203728 |
| Apex Tool Group LLC, Term Loan, 9.652%, (1 mo. USD Term SOFR + 6.00%), 2/8/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;&nbsp; 85135 |
| Astro Acquisition LLC, Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 8/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5486 | &nbsp;&nbsp;&nbsp;&nbsp; 5534255 |
| Barnes Group, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/27/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6788 | &nbsp;&nbsp;&nbsp;&nbsp; 6797759 |
| BCP V Modular Services Holdings IV Ltd., Term Loan, 6.552%, (3 mo. EURIBOR + 4.43%), 7/10/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2825 | &nbsp;&nbsp;&nbsp;&nbsp; 3034434 |
| BG MS U.S. Holding LLC, Term Loan, 8.45%, (3 mo. USD Term SOFR + 4.75%), 10/22/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp; 7164000 |
| Cleanova U.S. Holdings LLC, Term Loan, 8.425%, (3 mo. USD Term SOFR + 4.75%), 6/14/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9043 | &nbsp;&nbsp;&nbsp;&nbsp; 8952302 |
| Columbus McKinnon Corp., Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 2/3/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6093 | &nbsp;&nbsp;&nbsp;&nbsp; 6110659 |
| Conair Holdings LLC, Term Loan, 7.517%, (1 mo. USD Term SOFR + 3.75%), 5/17/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12801 | &nbsp;&nbsp;&nbsp;&nbsp; 9064643 |
| CoorsTek, Inc., Term Loan, 6.67%, (3 mo. USD Term SOFR + 3.00%), 10/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5810 | &nbsp;&nbsp;&nbsp;&nbsp; 5862470 |

---

*25*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Machinery (continued) | Machinery (continued) | Machinery (continued) | Machinery (continued) |
| CPM Holdings, Inc., Term Loan, 8.165%, (1 mo. USD Term SOFR + 4.50%), 9/28/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6104 | &nbsp;&nbsp;$6117512 |
| Cube Industrials Buyer, Inc., Term Loan, 6.669%, (3 mo. USD Term SOFR + 3.00%), 10/17/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3789 | &nbsp;&nbsp;&nbsp;&nbsp; 3808273 |
| Delachaux Group SA, Term Loan, 5.40%, (3 mo. EURIBOR + 3.25%), 4/16/29 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3886 | &nbsp;&nbsp;&nbsp;&nbsp; 4616242 |
| EMRLD Borrower LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 5/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4399 | &nbsp;&nbsp;&nbsp;&nbsp; 4409236 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 8/4/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4876 | &nbsp;&nbsp;&nbsp;&nbsp; 4888216 |
| Engineered Machinery Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.627%, (3 mo. EURIBOR + 3.50%), 11/26/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10440 | &nbsp;&nbsp;&nbsp;&nbsp; 12360177 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 11/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10134 | &nbsp;&nbsp;&nbsp;&nbsp; 10214057 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.961%, (3 mo. USD Term SOFR + 6.00%), 5/21/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2008760 |
| Icebox Holdco III, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 12/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2785 | &nbsp;&nbsp;&nbsp;&nbsp; 2800847 |
| INNIO Group Holding GmbH, Term Loan, 4.52%, (3 mo. EURIBOR + 2.50%), 11/2/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2222 | &nbsp;&nbsp;&nbsp;&nbsp; 2627465 |
| Jennmar Inter III LLC, Term Loan, 8.668%, (1 mo. USD Term SOFR + 5.00%), 12/16/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5431 | &nbsp;&nbsp;&nbsp;&nbsp; 5390516 |
| LSF12 Helix Parent LLC, Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 2/10/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11875 | &nbsp;&nbsp;&nbsp;&nbsp; 11895841 |
| Resilience Parent LLC, Term Loan, 6.126%, (6 mo. USD Term SOFR + 2.50%), 2/28/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13325 | &nbsp;&nbsp;&nbsp;&nbsp; 13371637 |
| Roper Industrial Products Investment Co. LLC, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/22/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9801 | &nbsp;&nbsp;&nbsp;&nbsp; 9841651 |
| TK Elevator Midco GmbH: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.149%, (3 mo. EURIBOR + 3.00%), 4/30/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6550 | &nbsp;&nbsp;&nbsp;&nbsp; 7725151 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.377%, (6 mo. USD Term SOFR + 2.75%), 4/30/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25683 | &nbsp;&nbsp;&nbsp;&nbsp; 25930895 |
|  |  |  | &nbsp;&nbsp;**$210535701** |
| Media — 1.2% | Media — 1.2% | Media — 1.2% | Media — 1.2% |
| ABG Intermediate Holdings 2 LLC, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/13/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5717 | &nbsp;&nbsp;$5733315 |
| Charter Communications Operating LLC, Term Loan, 5.942%, (3 mo. USD Term SOFR + 2.25%), 12/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5209 | &nbsp;&nbsp;&nbsp;&nbsp; 5212058 |
| DirecTV Financing LLC, Term Loan, 2/17/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 3712377 |
| Emerald X, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2059 | &nbsp;&nbsp;&nbsp;&nbsp; 2067160 |
| Fleet Midco I Ltd., Term Loan, 6.419%, (3 mo. USD Term SOFR + 2.75%), 2/21/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8098 | &nbsp;&nbsp;&nbsp;&nbsp; 8158847 |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Media (continued) | Media (continued) | Media (continued) |
| Gray Television, Inc., Term Loan, 6.779%, (1 mo. USD Term SOFR + 3.00%), 12/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544 | &nbsp;&nbsp;$546288 |
| Nexstar Broadcasting, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/18/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11025 | &nbsp;&nbsp;&nbsp;&nbsp; 11031064 |
| Univision Communications, Inc., Term Loan, 1/31/29<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3990 | &nbsp;&nbsp;&nbsp;&nbsp; 3970868 |
| WH Borrower LLC, Term Loan, 2/20/32<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4050 | &nbsp;&nbsp;&nbsp;&nbsp; 4060773 |
|  |  | &nbsp;&nbsp;**$44492750** |
| Metals/Mining — 0.7% | Metals/Mining — 0.7% | Metals/Mining — 0.7% |
| American Consolidated Natural Resources, Inc., Term Loan - Second Lien, 13.00%, 12/11/29<sup>(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3941 | &nbsp;&nbsp;$3973345 |
| Arsenal AIC Parent LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 8/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10251 | &nbsp;&nbsp;&nbsp;&nbsp; 10302692 |
| Wireco Worldgroup, Inc., Term Loan, 7.414%, (3 mo. USD Term SOFR + 3.75%), 11/13/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5669 | &nbsp;&nbsp;&nbsp;&nbsp; 5667602 |
| Zekelman Industries, Inc., Term Loan, 5.908%, (1 mo. USD Term SOFR + 2.25%), 1/24/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5211 | &nbsp;&nbsp;&nbsp;&nbsp; 5232794 |
|  |  | &nbsp;&nbsp;**$25176433** |
| Oil, Gas & Consumable Fuels — 2.2% | Oil, Gas & Consumable Fuels — 2.2% | Oil, Gas & Consumable Fuels — 2.2% |
| Freeport LNG Investments LLLP, Term Loan, 6.925%, (3 mo. USD Term SOFR + 3.25%), 2/11/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20984 | &nbsp;&nbsp;$21043486 |
| GIP Pilot Acquisition Partners LP, Term Loan, 5.674%, (3 mo. USD Term SOFR + 2.00%), 10/4/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4831 | &nbsp;&nbsp;&nbsp;&nbsp; 4858382 |
| Hilcorp Energy I LP, Term Loan, 5.411%, (1 mo. USD Term SOFR + 1.75%), 2/11/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5228 | &nbsp;&nbsp;&nbsp;&nbsp; 5247605 |
| Matador Bidco SARL, Term Loan, 8.002%, (1 mo. USD Term SOFR + 4.25%), 7/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19265 | &nbsp;&nbsp;&nbsp;&nbsp; 19163912 |
| Natgasoline LLC, Term Loan, 9.173%, (3 mo. USD Term SOFR + 5.50%), 3/29/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4802 | &nbsp;&nbsp;&nbsp;&nbsp; 4853879 |
| Oryx Midstream Services Permian Basin LLC, Term Loan, 5.904%, (1 mo. USD Term SOFR + 2.25%), 10/5/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2481 | &nbsp;&nbsp;&nbsp;&nbsp; 2492360 |
| Oxbow Carbon LLC, Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 5/10/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5212 | &nbsp;&nbsp;&nbsp;&nbsp; 5241424 |
| Traverse Midstream Partners LLC, Term Loan, 4/21/33<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5975 | &nbsp;&nbsp;&nbsp;&nbsp; 5991820 |
| Venture Global Calcasieu Pass LLC, Term Loan, 6.937%, (6 mo. USD Term SOFR + 3.25%), 4/11/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10250 | &nbsp;&nbsp;&nbsp;&nbsp; 10294844 |
|  |  | &nbsp;&nbsp;**$79187712** |

---

*26*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Passenger Airlines — 0.2% | Passenger Airlines — 0.2% | Passenger Airlines — 0.2% | Passenger Airlines — 0.2% |
| WestJet Loyalty LP, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 2/14/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8922 | &nbsp;&nbsp;$8730550 |
|  |  |  | &nbsp;&nbsp;**$8730550** |
| Pharmaceuticals — 1.8% | Pharmaceuticals — 1.8% | Pharmaceuticals — 1.8% | Pharmaceuticals — 1.8% |
| Amneal Pharmaceuticals LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 8/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5771 | &nbsp;&nbsp;$5803462 |
| Bausch Health Cos., Inc., Term Loan, 9.902%, (1 mo. USD Term SOFR + 6.25%), 10/8/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6833 | &nbsp;&nbsp;&nbsp;&nbsp; 6666828 |
| Ceva Sante Animale: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.127%, (3 mo. EURIBOR + 3.00%), 11/8/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3725 | &nbsp;&nbsp;&nbsp;&nbsp; 4411585 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.389%, (3 mo. USD Term SOFR + 2.75%), 11/8/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6166 | &nbsp;&nbsp;&nbsp;&nbsp; 6209017 |
| Jazz Financing Lux SARL, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 5/5/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9322 | &nbsp;&nbsp;&nbsp;&nbsp; 9375965 |
| Nidda Healthcare Holding AG, Term Loan, 5.524%, (3 mo. EURIBOR + 3.50%), 12/9/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4550 | &nbsp;&nbsp;&nbsp;&nbsp; 5373482 |
| Opal Bidco SAS, Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 4/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20947 | &nbsp;&nbsp;&nbsp;&nbsp; 21056504 |
| Padagis LLC, Term Loan, 8.689%, (3 mo. USD Term SOFR + 4.75%), 7/6/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4690 | &nbsp;&nbsp;&nbsp;&nbsp; 4443775 |
| Recipharm AB, Term Loan, 4.949%, (3 mo. EURIBOR + 2.95%), 2/17/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp; 2028342 |
|  |  |  | &nbsp;&nbsp;**$65368960** |
| Professional Services — 4.3% | Professional Services — 4.3% | Professional Services — 4.3% | Professional Services — 4.3% |
| AAL Delaware Holdco, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 7/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8014 | &nbsp;&nbsp;$8061372 |
| Amspec Parent LLC, Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 12/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8339 | &nbsp;&nbsp;&nbsp;&nbsp; 8346518 |
| APFS Staffing Holdings, Inc., Term Loan, 7.902%, (1 mo. USD Term SOFR + 4.25%), 12/29/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3267 | &nbsp;&nbsp;&nbsp;&nbsp; 2963705 |
| Citrin Cooperman Advisors LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 4/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3731 | &nbsp;&nbsp;&nbsp;&nbsp; 3609052 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/1/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1475 | &nbsp;&nbsp;&nbsp;&nbsp; 1412312 |
| CohnReznick LLP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 3/31/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7961 | &nbsp;&nbsp;&nbsp;&nbsp; 7846957 |
| &nbsp;&nbsp;&nbsp;Term Loan, 3/31/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462 | &nbsp;&nbsp;&nbsp;&nbsp; 455342 |
| CoreLogic, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.267%, (1 mo. USD Term SOFR + 3.50%), 6/2/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13740 | &nbsp;&nbsp;&nbsp;&nbsp; 13481914 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 10.267%, (1 mo. USD Term SOFR + 6.50%), 6/4/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1141002 |
| Corporation Service Co., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 11/2/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7218 | &nbsp;&nbsp;&nbsp;&nbsp; 7243001 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Professional Services (continued) | Professional Services (continued) | Professional Services (continued) | Professional Services (continued) |
| EAB Global, Inc., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/16/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8304 | &nbsp;&nbsp;$7371507 |
| Employbridge Holding Co., Term Loan - Second Lien, 8.711%, (3 mo. USD Term SOFR + 4.75%), 1/19/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11024 | &nbsp;&nbsp;&nbsp;&nbsp; 2076230 |
| First Advantage Holdings LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3910 | &nbsp;&nbsp;&nbsp;&nbsp; 3866990 |
| Galaxy Bidco Ltd., Term Loan, 5.867%, (6 mo. EURIBOR + 3.75%), 12/19/29 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6150 | &nbsp;&nbsp;&nbsp;&nbsp; 7313583 |
| Grant Thornton Advisors LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 6/2/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21980 | &nbsp;&nbsp;&nbsp;&nbsp; 21345612 |
| Heritage Environmental Services, Inc., Term Loan, 6.677%, (3 mo. USD Term SOFR + 3.00%), 4/1/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp; 5427000 |
| Heron Bidco, Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 12/10/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6375 | &nbsp;&nbsp;&nbsp;&nbsp; 6394922 |
| Highspring Holdings LLC, Term Loan, 8.85%, (3 mo. USD Term SOFR + 5.00%), 1/22/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3248 | &nbsp;&nbsp;&nbsp;&nbsp; 2168114 |
| iSolved, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 10/15/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5696 | &nbsp;&nbsp;&nbsp;&nbsp; 5435804 |
| Mermaid Bidco, Inc., Term Loan, 6.913%, (3 mo. USD Term SOFR + 3.25%), 7/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15156 | &nbsp;&nbsp;&nbsp;&nbsp; 14872014 |
| Neptune Bidco U.S., Inc., Term Loan, 8.769%, (3 mo. USD Term SOFR + 5.00%), 2/3/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7857 | &nbsp;&nbsp;&nbsp;&nbsp; 7709964 |
| PHM Group Holding OYJ, Term Loan, 5.575%, (3 mo. EURIBOR + 3.50%), 4/22/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp; 5760459 |
| Techem Verwaltungsgesellschaft 675 GmbH, Term Loan, 5.231%, (3 mo. EURIBOR + 3.25%), 7/15/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4175 | &nbsp;&nbsp;&nbsp;&nbsp; 4941588 |
| Trans Union LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 6/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1926 | &nbsp;&nbsp;&nbsp;&nbsp; 1928571 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 6/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2622 | &nbsp;&nbsp;&nbsp;&nbsp; 2625524 |
|  |  |  | &nbsp;&nbsp;**$153799057** |
| Real Estate Management & Development — 0.9% | Real Estate Management & Development — 0.9% | Real Estate Management & Development — 0.9% | Real Estate Management & Development — 0.9% |
| Cushman & Wakefield U.S. Borrower LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5609 | &nbsp;&nbsp;$5642740 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 1/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5403 | &nbsp;&nbsp;&nbsp;&nbsp; 5430424 |
| Greystar Real Estate Partners LLC, Term Loan, 6.173%, (3 mo. USD Term SOFR + 2.50%), 8/21/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10956 | &nbsp;&nbsp;&nbsp;&nbsp; 10996983 |
| Metropolis Technologies, Inc., Term Loan, 8.98%, (6 mo. USD Term SOFR + 5.25%), 11/3/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9202 | &nbsp;&nbsp;&nbsp;&nbsp; 9169317 |
|  |  |  | &nbsp;&nbsp;**$31239464** |

---

*27*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Road & Rail — 0.9% | Road & Rail — 0.9% | Road & Rail — 0.9% | Road & Rail — 0.9% |
| Avis Budget Car Rental LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 7/16/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15642 | &nbsp;&nbsp;$15557039 |
| First Student Bidco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8/15/30<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3073 | &nbsp;&nbsp;&nbsp;&nbsp; 3077877 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8/15/30<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562 | &nbsp;&nbsp;&nbsp;&nbsp; 563175 |
| Hertz Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.413%, (3 mo. USD Term SOFR + 3.75%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4899 | &nbsp;&nbsp;&nbsp;&nbsp; 3842804 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.425%, (3 mo. USD Term SOFR + 3.50%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3991 | &nbsp;&nbsp;&nbsp;&nbsp; 3152742 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.425%, (3 mo. USD Term SOFR + 3.50%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790 | &nbsp;&nbsp;&nbsp;&nbsp; 623801 |
| Kenan Advantage Group, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/25/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3940 | &nbsp;&nbsp;&nbsp;&nbsp; 3935910 |
|  |  |  | &nbsp;&nbsp;**$30753348** |
| Semiconductors & Semiconductor Equipment — 0.1% | Semiconductors & Semiconductor Equipment — 0.1% | Semiconductors & Semiconductor Equipment — 0.1% | Semiconductors & Semiconductor Equipment — 0.1% |
| Bright Bidco BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 10/31/27<sup>(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3669 | &nbsp;&nbsp;$1238412 |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.663%, (3 mo. USD Term SOFR + 10.00%), 6/30/26 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162 | &nbsp;&nbsp;&nbsp;&nbsp; 154947 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6/30/26<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117 | &nbsp;&nbsp;&nbsp;&nbsp; 111875 |
| MaxLinear, Inc., Term Loan, 6.017%, (1 mo. USD Term SOFR + 2.25%), 6/23/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2955 | &nbsp;&nbsp;&nbsp;&nbsp; 2933192 |
|  |  |  | &nbsp;&nbsp;**$4438426** |
| Software — 8.0% | Software — 8.0% | Software — 8.0% | Software — 8.0% |
| Applied Systems, Inc., Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 2/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14796 | &nbsp;&nbsp;$14621886 |
| Boxer Parent Co., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.673%, (3 mo. USD Term SOFR + 3.00%), 7/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12568 | &nbsp;&nbsp;&nbsp;&nbsp; 11670134 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.413%, (3 mo. USD Term SOFR + 5.75%), 7/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3410000 |
| Calabrio, Inc., Term Loan, 7.673%, (3 mo. USD Term SOFR + 4.00%), 11/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7600 | &nbsp;&nbsp;&nbsp;&nbsp; 6001644 |
| Cegid Group SAS: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.90%, (3 mo. EURIBOR + 2.75%), 7/10/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3525 | &nbsp;&nbsp;&nbsp;&nbsp; 4043182 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.90%, (3 mo. EURIBOR + 2.75%), 7/10/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3850 | &nbsp;&nbsp;&nbsp;&nbsp; 4419188 |
| Cloud Software Group, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 8/13/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11370 | &nbsp;&nbsp;&nbsp;&nbsp; 10550882 |
| Cloudera, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 10/8/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11820 | &nbsp;&nbsp;&nbsp;&nbsp; 10682815 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.752%, (1 mo. USD Term SOFR + 6.00%), 10/8/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2950 | &nbsp;&nbsp;&nbsp;&nbsp; 2316281 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Software (continued) | Software (continued) | Software (continued) | Software (continued) |
| Clover Holdings 2 LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 12/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11583 | &nbsp;&nbsp;$11307904 |
| Dayforce, Inc., Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/4/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11575 | &nbsp;&nbsp;&nbsp;&nbsp; 10948503 |
| Delta TopCo, Inc., Term Loan, 6.424%, (3 mo. USD Term SOFR + 2.75%), 11/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8128 | &nbsp;&nbsp;&nbsp;&nbsp; 7845440 |
| Dragon Buyer, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3230 | &nbsp;&nbsp;&nbsp;&nbsp; 3098004 |
| Drake Software LLC, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 6/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3704 | &nbsp;&nbsp;&nbsp;&nbsp; 3500261 |
| ECI Macola Max Holding LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 5/9/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10369 | &nbsp;&nbsp;&nbsp;&nbsp; 10219871 |
| Epicor Software Corp., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5828 | &nbsp;&nbsp;&nbsp;&nbsp; 5758682 |
| IGT Holding IV AB: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.027%, (3 mo. EURIBOR + 2.90%), 3/31/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205 | &nbsp;&nbsp;&nbsp;&nbsp; 1414850 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 9/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3953 | &nbsp;&nbsp;&nbsp;&nbsp; 3926157 |
| Marcel LUX IV SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.513%, (3 mo. EURIBOR + 3.50%), 11/9/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4525 | &nbsp;&nbsp;&nbsp;&nbsp; 5261003 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.64%, (1 mo. USD Term SOFR + 3.00%), 11/12/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15263 | &nbsp;&nbsp;&nbsp;&nbsp; 15148902 |
| McAfee LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 3/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22202 | &nbsp;&nbsp;&nbsp;&nbsp; 19621076 |
| Mosel Bidco SE, Term Loan, 5.877%, (3 mo. EURIBOR + 3.75%), 9/16/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4750 | &nbsp;&nbsp;&nbsp;&nbsp; 5296122 |
| N-Able International Holdings II LLC, Term Loan, 6.423%, (3 mo. USD Term SOFR + 2.75%), 11/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1671 | &nbsp;&nbsp;&nbsp;&nbsp; 1660370 |
| OceanKey (U.S.) II Corp., Term Loan, 7.252%, (1 mo. USD Term SOFR + 3.50%), 12/15/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6088 | &nbsp;&nbsp;&nbsp;&nbsp; 5782334 |
| OID-OL Intermediate I LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.063%, (3 mo. USD Term SOFR + 4.25%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9797 | &nbsp;&nbsp;&nbsp;&nbsp; 6826657 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.663%, (3 mo. USD Term SOFR + 6.00%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3657 | &nbsp;&nbsp;&nbsp;&nbsp; 3646560 |
| Open Text Corp., Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 1/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4078 | &nbsp;&nbsp;&nbsp;&nbsp; 3980037 |
| Polaris Newco LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.15%, (3 mo. EURIBOR + 4.00%), 6/2/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6281 | &nbsp;&nbsp;&nbsp;&nbsp; 6341169 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.925%, (3 mo. USD Term SOFR + 4.00%), 6/2/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2867 | &nbsp;&nbsp;&nbsp;&nbsp; 2508974 |
| Project Alpha Intermediate Holding, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 10/26/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8765 | &nbsp;&nbsp;&nbsp;&nbsp; 6924017 |
| Project Boost Purchaser LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 7/16/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15666 | &nbsp;&nbsp;&nbsp;&nbsp; 15398269 |

---

*28*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Software (continued) | Software (continued) | Software (continued) | Software (continued) |
| Proofpoint, Inc., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/31/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4290 | &nbsp;&nbsp;$4172290 |
| RealPage, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.961%, (3 mo. USD Term SOFR + 3.00%), 4/24/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11079 | &nbsp;&nbsp;&nbsp;&nbsp; 10861944 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.45%, (3 mo. USD Term SOFR + 3.75%), 4/24/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3960 | &nbsp;&nbsp;&nbsp;&nbsp; 3916697 |
| Rocket Software, Inc., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 11/28/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3325 | &nbsp;&nbsp;&nbsp;&nbsp; 3179146 |
| Sabre GLBL, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.752%, (1 mo. USD Term SOFR + 6.00%), 11/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6023 | &nbsp;&nbsp;&nbsp;&nbsp; 4949499 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.752%, (1 mo. USD Term SOFR + 6.00%), 11/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2136 | &nbsp;&nbsp;&nbsp;&nbsp; 1754582 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10.002%, (1 mo. USD Term SOFR + 6.25%), 7/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1669 | &nbsp;&nbsp;&nbsp;&nbsp; 1375295 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10.002%, (1 mo. USD Term SOFR + 6.25%), 7/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1887 | &nbsp;&nbsp;&nbsp;&nbsp; 1559479 |
| SkillSoft Corp., Term Loan, 9.017%, (1 mo. USD Term SOFR + 5.25%), 7/14/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10061 | &nbsp;&nbsp;&nbsp;&nbsp; 5543795 |
| SolarWinds Holdings, Inc., Term Loan, 7.674%, (3 mo. USD Term SOFR + 4.00%), 4/16/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10655 | &nbsp;&nbsp;&nbsp;&nbsp; 9083210 |
| UKG, Inc., Term Loan, 6.163%, (3 mo. USD Term SOFR + 2.50%), 2/10/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8925 | &nbsp;&nbsp;&nbsp;&nbsp; 8626698 |
| Vision Solutions, Inc., Term Loan, 7.925%, (3 mo. USD Term SOFR + 4.00%), 4/24/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12746 | &nbsp;&nbsp;&nbsp;&nbsp; 10148636 |
|  |  |  | &nbsp;&nbsp;**$289302445** |
| Specialty Retail — 1.1% | Specialty Retail — 1.1% | Specialty Retail — 1.1% | Specialty Retail — 1.1% |
| Apro LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 7/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5664 | &nbsp;&nbsp;$5700904 |
| Boels Topholding BV, Term Loan, 4.462%, (1 mo. EURIBOR + 2.50%), 5/23/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131 | &nbsp;&nbsp;&nbsp;&nbsp; 154483 |
| Great Outdoors Group LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/23/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7459 | &nbsp;&nbsp;&nbsp;&nbsp; 7515371 |
| Harbor Freight Tools USA, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 6/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15133 | &nbsp;&nbsp;&nbsp;&nbsp; 15132789 |
| Les Schwab Tire Centers, Term Loan, 6.173%, (3 mo. USD Term SOFR + 2.50%), 4/23/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3222 | &nbsp;&nbsp;&nbsp;&nbsp; 3227002 |
| Mavis Tire Express Services Corp., Term Loan, 6.669%, (6 mo. USD Term SOFR + 3.00%), 5/4/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6414 | &nbsp;&nbsp;&nbsp;&nbsp; 6432354 |
| Speedster Bidco GmbH, Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 12/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3012 | &nbsp;&nbsp;&nbsp;&nbsp; 2949605 |
|  |  |  | &nbsp;&nbsp;**$41112508** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Technology Hardware, Storage & Peripherals — 0.2% | Technology Hardware, Storage & Peripherals — 0.2% | Technology Hardware, Storage & Peripherals — 0.2% | Technology Hardware, Storage & Peripherals — 0.2% |
| CompoSecure Holdings LLC, Term Loan, 5.918%, (1 mo. USD Term SOFR + 2.25%), 1/14/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8445 | &nbsp;&nbsp;$8480216 |
|  |  |  | &nbsp;&nbsp;**$8480216** |
| Trading Companies & Distributors — 3.0% | Trading Companies & Distributors — 3.0% | Trading Companies & Distributors — 3.0% | Trading Companies & Distributors — 3.0% |
| BCPE Empire Holdings, Inc., Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 12/29/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9025 | &nbsp;&nbsp;$9027798 |
| CD&R Hydra Buyer, Inc., Term Loan, 7.752%, (1 mo. USD Term SOFR + 4.00%), 3/25/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12787 | &nbsp;&nbsp;&nbsp;&nbsp; 12846192 |
| Core & Main LP, Term Loan, 5.654%, (1 mo. USD Term SOFR + 2.00%), 2/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3626 | &nbsp;&nbsp;&nbsp;&nbsp; 3636936 |
| DXP Enterprises, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 10/11/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9036 | &nbsp;&nbsp;&nbsp;&nbsp; 9126174 |
| Paint Intermediate III LLC, Term Loan, 6.666% - 6.673%, (3 mo. USD Term SOFR + 3.00%), 10/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5332 | &nbsp;&nbsp;&nbsp;&nbsp; 5351811 |
| Quimper AB, Term Loan, 5.122%, (3 mo. EURIBOR + 3.00%), 3/31/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6775 | &nbsp;&nbsp;&nbsp;&nbsp; 7973462 |
| Ramudden Global Group GmbH, Term Loan, 2/21/33<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16300 | &nbsp;&nbsp;&nbsp;&nbsp; 19184247 |
| Spin Holdco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.096%, (3 mo. USD Term SOFR + 5.43%), 9/4/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3167 | &nbsp;&nbsp;&nbsp;&nbsp; 3236959 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 7.928%, (3 mo. USD Term SOFR + 4.00%), 9/4/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8405 | &nbsp;&nbsp;&nbsp;&nbsp; 5946605 |
| White Cap Buyer LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.918%, (1 mo. USD Term SOFR + 3.25%), 10/19/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13764 | &nbsp;&nbsp;&nbsp;&nbsp; 13722247 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.168%, (1 mo. USD Term SOFR + 3.50%), 2/10/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5966250 |
| Windsor Holdings III LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 8/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11535 | &nbsp;&nbsp;&nbsp;&nbsp; 11517498 |
|  |  |  | &nbsp;&nbsp;**$107536179** |
| Transportation Infrastructure — 0.7% | Transportation Infrastructure — 0.7% | Transportation Infrastructure — 0.7% | Transportation Infrastructure — 0.7% |
| Brown Group Holding LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152% - 6.173%, (1 mo. USD Term SOFR + 2.50%, 3 mo. USD Term SOFR + 2.50%), 7/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10263 | &nbsp;&nbsp;$10329608 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7/1/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5030900 |
| KKR Apple Bidco LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/23/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10024 | &nbsp;&nbsp;&nbsp;&nbsp; 10043817 |
|  |  |  | &nbsp;&nbsp;**$25404325** |
| Total Senior Floating-Rate Loans<br> (identified cost $3,101,725,497) |  |  | &nbsp;&nbsp;**$3022364055** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*29*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

U.S. Government Agency Mortgage-Backed Securities — 0.2%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association, 5.50%, 12/20/55<sup>(13)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5488 | &nbsp;&nbsp;$5537265 |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (identified cost $5,563,288) |  | &nbsp;&nbsp;**$5537265** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Warrants — 0.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Health Care — 0.0% | Health Care — 0.0% | Health Care — 0.0% |
| Cano Health, Inc., Exp. 6/28/29<sup>(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9917 | &nbsp;&nbsp;$0 |
| Total Warrants<br> (identified cost $0) |  | &nbsp;&nbsp;**$0** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 6.9%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(14)</sup> | 250318612 | &nbsp;&nbsp;$250318612 |
| Total Short-Term Investments<br> (identified cost $250,318,612) |  | &nbsp;&nbsp;**$250318612** |
| Total Investments — 101.3%<br> (identified cost $3,794,323,803) |  | &nbsp;&nbsp;**$3661764140** |
| Less Unfunded Loan Commitments — (0.2)% |  | &nbsp;&nbsp;**$(6243019)** |
| Net Investments — 101.1%<br> (identified cost $3,788,080,784) |  | &nbsp;&nbsp;**$3655521121** |
| Other Assets, Less Liabilities — (1.1)% |  | &nbsp;&nbsp;**$(39049534)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$3616471587** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| \* | In U.S. dollars unless otherwise indicated. |

---

<sup>(1)</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 April 30, 2026, the aggregate value of these securities is $252,136,715 or 7.0% of the Portfolio's net assets.

<sup>(2)</sup> Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026.

<sup>(3)</sup> Non-income producing security.

<sup>(4)</sup> Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

<sup>(5)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(6)</sup> When-issued security.

<sup>(7)</sup> Affiliated fund (see Note 7).

<sup>(8)</sup> Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

<sup>(9)</sup> Unfunded or partially unfunded loan commitments. The stated interest rate reflects the reference rate and spread for the funded portion, if any. At April 30, 2026, the total value of unfunded loan commitments is $6,488,873. See Note 1F for description.

<sup>(10)</sup> This Senior Loan will settle after April 30, 2026, at which time the interest rate will be determined.

<sup>(11)</sup> Issuer is in default with respect to interest and/or principal payments or has declared bankruptcy and is non-income producing. For a variable rate security, interest rate has been adjusted to reflect non-accrual status.

<sup>(12)</sup> Fixed-rate loan.

<sup>(13)</sup> Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts.

<sup>(14)</sup> May be deemed to be an affiliated investment company (see Note 7). The rate shown is the annualized seven-day yield as of April 30, 2026.

*30*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp;212065447 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;183766698 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(3612281) |
| GBP | &nbsp;&nbsp; 10500000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14145173 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 142342 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 42366829 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 35742584 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 370271 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 38098629 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 32132222 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 344148 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 35461002 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 29974510 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 241774 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 27865170 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 20551273 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (99268) |
| USD | &nbsp;&nbsp;215848082 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;183766698 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (113398) |
| EUR | &nbsp;&nbsp; 20000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 23648076 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (115212) |
| EUR | &nbsp;&nbsp; 24000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 28086672 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 152765 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| GBP | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6609400 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 193496 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3764963 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 3266171 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (78155) |
| USD | &nbsp;&nbsp; 5888233 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 5108626 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (122797) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$1444796** | &nbsp;&nbsp;**$(4141111)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** |
| **Reference Entity** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Current<br> Market Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Markit CDX North America High Yield Index (CDX.NA.HY.46.V1) | &nbsp;&nbsp;$234500 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;3.30% | &nbsp;&nbsp;6/20/31 | &nbsp;&nbsp;$12321847 | &nbsp;&nbsp;$(7281199) | &nbsp;&nbsp;$5040648 |
| **Total** | &nbsp;&nbsp;**$234500** |  |  | &nbsp;&nbsp;**$12321847** | &nbsp;&nbsp;**$(7281199)** | &nbsp;&nbsp;**$5040648** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Contract Annual<br> Fixed Rate<sup>(2)</sup>** | &nbsp;&nbsp;**Current<br> Market<br> Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| U.S. Land Banking | &nbsp;&nbsp;Goldman Sachs Bank USA | &nbsp;&nbsp;$5000 | &nbsp;&nbsp;5.50%<br> (pays monthly) | &nbsp;&nbsp;5.79% | &nbsp;&nbsp;10/10/29 | &nbsp;&nbsp;$(22248) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(22248) |
| **Total** |  | &nbsp;&nbsp;**$5000** |  |  |  | &nbsp;&nbsp;**$(22248)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(22248)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*31*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

<sup>(1)</sup> If the Portfolio is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Portfolio could be required to make if a credit event, as defined in the credit default swap agreement, were to occur. At April 30, 2026, such maximum potential amount for all open credit default swaps in which the Portfolio is the seller was $239,500,000.

<sup>(2)</sup> The contract annual fixed rate represents the fixed rate of interest received by the Portfolio (as a seller of protection) or paid by the Portfolio (as a buyer of protection) on the notional amount of the credit default swap contract.

<sup>(3)</sup> Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the market's perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit event involving the reference entity. A rate identified as "Defaulted" indicates a credit event has occurred for the reference entity.

<sup>(4)</sup> Upfront payment is exchanged with the counterparty as a result of the standardized trading coupon.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| DIP | – Debtor In Possession |
| EURIBOR | – Euro Interbank Offered Rate |
| OTC | – Over-the-counter |
| SOFR | – Secured Overnight Financing Rate |
| SONIA | – Sterling Overnight Interbank Average |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| USD | – United States Dollar |

---

*32*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $3,508,716,432) | &nbsp;&nbsp;$3377150447 |
| Affiliated investments, at value (identified cost $279,364,352) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278370674 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9266331 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11607867 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3430000 |
| Foreign currency, at value (identified cost $47,555,123) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47542400 |
| Interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17986777 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763982 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102855981 |
| Receivable for variation margin on open centrally cleared swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550504 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444796 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13820 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317207 |
| Prepaid upfront fees on notes payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797577 |
| Prepaid expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26645 |
| **Total assets** | &nbsp;&nbsp;**$3852125008** |
| Liabilities |  |
| Cash collateral due to broker | &nbsp;&nbsp;$300000 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215684112 |
| Payable for when-issued securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6142458 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4141111 |
| Payable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22248 |
| 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;1542736 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9042 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317207 |
| Accrued expenses and other liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7494507 |
| **Total liabilities** | &nbsp;&nbsp;**$235653421** |
| Commitments and contingencies (see Note 10) |  |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$3616471587** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income | &nbsp;&nbsp;$916082 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3211994 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140299435 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1607 |
| **Total investment income** | &nbsp;&nbsp;**$144429118** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$10352624 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483551 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639450 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971208 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259122 |
| **Total expenses** | &nbsp;&nbsp;**$12760205** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$170779 |
| **Total expense reductions** | &nbsp;&nbsp;**$170779** |
| **Net expenses** | &nbsp;&nbsp;**$12589426** |
| **Net investment income** | &nbsp;&nbsp;**$131839692** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(170179428) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1736140) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93680 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6814880 |
| **Net realized loss** | &nbsp;&nbsp;**$(165007008)** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$67598553 |
| &nbsp;&nbsp;&nbsp;Investments - affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(516863) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4649592 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1159556 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10597415) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$62293423** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(102713585)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$29126107** |

---

*34*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$131839692 | &nbsp;&nbsp;$381095795 |
| &nbsp;&nbsp;&nbsp;Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(165007008) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(109374418) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62293423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30418776) |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$29126107** | &nbsp;&nbsp;**$241302601** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$81539753 | &nbsp;&nbsp;$211859678 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(958838799) | &nbsp;&nbsp;&nbsp;&nbsp;(1335648314) |
| **Net decrease in net assets from capital transactions** | &nbsp;&nbsp;**$(877299046)** | &nbsp;&nbsp;**$(1123788636)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(848172939)** | &nbsp;&nbsp;**$(882486035)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$4464644526 | &nbsp;&nbsp;$5347130561 |
| **At end of period** | &nbsp;&nbsp;**$3616471587** | &nbsp;&nbsp;**$4464644526** |

---

*35*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.58%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.65% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.21% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.39% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.51% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &nbsp;&nbsp;&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;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.47%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.23%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.49%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.63%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.32)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.80%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$3616472** | &nbsp;&nbsp;**$4464645** | &nbsp;&nbsp;**$5347131** | &nbsp;&nbsp;**$5761774** | &nbsp;&nbsp;**$8101131** | &nbsp;&nbsp;**$8986782** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fees due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(4)</sup> Not annualized.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Floating Rate Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified, open-end management investment company. The Portfolio's investment objective is to provide a high level of current income. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Floating-Rate Fund and Eaton Vance Floating-Rate & High Income Fund held an interest of 85.5% and 14.5%, respectively, in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.

**Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Senior Loans, for which a valuation is not available or deemed unreliable, are fair valued by the investment adviser utilizing one or more of the valuation techniques described below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan. If the investment adviser believes that there is a reasonable likelihood of full repayment, the investment adviser will determine fair value using a matrix pricing approach that considers the yield on the Senior Loan relative to yields on other Senior Loans issued by companies of comparable credit quality. If the investment adviser believes there is not a reasonable likelihood of full repayment, the investment adviser will determine fair value using analyses that include, but are not limited to: (i) a comparison of the value of the borrower's outstanding equity and debt to that of comparable public companies; (ii) a discounted cash flow analysis; or (iii) when the investment adviser believes it is likely that a borrower will be liquidated or sold, an analysis of the terms of such liquidation or sale. In certain cases, the investment adviser will use a combination of analytical methods to determine fair value, such as when only a portion of a borrower's assets are likely to be sold. In conducting its assessment and analyses for purposes of determining fair value of a Senior Loan, the investment adviser will use its discretion and judgment in considering and appraising relevant factors. Junior Loans (i.e., subordinated loans and second lien loans) are valued in the same manner as Senior Loans.**

**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.**

**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 or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

**Derivatives. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average asked prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service. Swaps are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract, and in the case of credit default swaps, based on credit spread quotations obtained from broker/dealers and expected default recovery rates determined by the pricing service using proprietary models. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.**

**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.**

**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. Exchange-traded funds are valued at the official closing price as reported by an independent pricing service on the primary market or exchange on which they are traded.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Portfolio'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 Portfolio 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**

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Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Fees in connection with investments in senior floating-rate loans may include amendment fees, consent fees and prepayment fees, which are recorded to income as earned and included in Other income on the Statement of Operations. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

As of April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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.

F Unfunded Loan Commitments—The Portfolio may enter into certain loan agreements all or a portion of which may be unfunded. The Portfolio is obligated to fund these commitments at the borrower's discretion. These commitments, if any, are disclosed in the accompanying Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover these commitments.

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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

I Forward Foreign Currency Exchange Contracts—The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

J Credit Default Swaps— Swap contracts are privately negotiated agreements between the Portfolio and a counterparty. Certain swap contracts may be centrally cleared ("centrally cleared swaps"), whereby all payments made or received by the Portfolio pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared swaps, the Portfolio is required to deposit with the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. When the Portfolio is the buyer of a credit default swap contract, the Portfolio is entitled to receive the par (or other agreed-upon) value of a referenced debt obligation (or basket of debt obligations) from the counterparty (or CCP in the case of a centrally cleared swap) to the contract if

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[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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a credit event by a third party, such as a U.S. or foreign corporate issuer or sovereign issuer, on the debt obligation occurs. In return, the Portfolio pays the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Portfolio would have spent the stream of payments and received no proceeds from the contract. When the Portfolio is the seller of a credit default swap contract, it receives the stream of payments, but is obligated to pay to the buyer of the protection an amount up to the notional amount of the swap and in certain instances take delivery of securities of the reference entity upon the occurrence of a credit event, as defined under the terms of that particular swap agreement. Credit events are contract specific but may include bankruptcy, failure to pay, restructuring, obligation acceleration and repudiation/moratorium. If the Portfolio is a seller of protection and a credit event occurs, the maximum potential amount of future payments that the Portfolio could be required to make would be an amount equal to the notional amount of the agreement. This potential amount would be partially offset by any recovery value of the respective referenced obligation, or net amount received from the settlement of a buy protection credit default swap agreement entered into by the Portfolio for the same referenced obligation. As the seller, the Portfolio may create economic leverage to its portfolio because, in addition to its total net assets, the Portfolio is subject to investment exposure on the notional amount of the swap. The interest fee paid or received on the swap contract, which is based on a specified interest rate on a fixed notional amount, is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as realized gain upon receipt or realized loss upon payment. The Portfolio also records an increase or decrease to unrealized appreciation (depreciation) in an amount equal to the daily valuation. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. All upfront payments and receipts, if any, are amortized over the life of the swap contract as realized gains or losses. Those upfront payments or receipts for non-centrally cleared swaps are recorded as other assets or other liabilities, respectively, net of amortization. For financial reporting purposes, unamortized upfront payments or receipts, if any, are netted with unrealized appreciation or depreciation on swap contracts to determine the market value of swaps as presented in Notes 5 and 8. These transactions involve certain risks, including the risk that the seller may be unable to fulfill the transaction. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP.

K When-Issued Securities and Delayed Delivery Transactions—The Portfolio may purchase securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. The Portfolio maintains cash and/or security positions for these commitments such that sufficient liquid assets will be available to make payments upon settlement. Securities purchased on a delayed delivery or when-issued basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract.

L Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

M Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Portfolio. The investment adviser fee is computed at an annual rate as a percentage of the Portfolio'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 $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5750% |
| $1 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5250% |
| $2 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4900% |
| $5 billion but less than $10 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4600% |
| $10 billion but less than $15 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4350% |
| $15 billion but less than $20 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4150% |
| $20 billion but less than $25 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4000% |
| $25 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.3900% |

---

For the six months ended April 30, 2026, the Portfolio's investment adviser fee amounted to $10,352,624 or 0.52% (annualized) of the Portfolio's average daily net assets. The Portfolio 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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Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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wholly-owned subsidiary of Morgan Stanley and in other affiliated funds. The investment adviser fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund and in other affiliated funds. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $170,779 relating to the Portfolio's investment in the Liquidity Fund and in other affiliated funds.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations, and including maturities, paydowns and principal repayments on Senior Loans, for the six months ended April 30, 2026 were as follows:

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;&nbsp;**Sales** |
| Investments (non-U.S. Government) | &nbsp;&nbsp;&nbsp;&nbsp;$739506496 | &nbsp;&nbsp;&nbsp;&nbsp;$1468394879 |
| U.S. Government and Agency Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5614802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50497 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$745121298** | &nbsp;&nbsp;&nbsp;&nbsp;**$1468445376** |

---

4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Portfolio at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$3789521760** |
| Gross unrealized appreciation | &nbsp;&nbsp;$40675692 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(172354246) |
| **Net unrealized depreciation** | &nbsp;&nbsp;**$(131678554)** |

---

5 Financial Instruments

The Portfolio may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities. These financial instruments may include forward foreign currency exchange contracts and swap contracts 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 Portfolio 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:

Credit Risk: The Portfolio enters into credit default swap contracts to enhance total return and/or as a substitute for the purchase of securities.

Foreign Exchange Risk: Because the Portfolio holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Portfolio enters into forward foreign currency exchange contracts.

The Portfolio enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio's net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit related contingent features in a net liability position was $4,163,359. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $8,513,754 at April 30, 2026.

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[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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The OTC derivatives in which the Portfolio invests are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio's net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio and/or counterparty is held in segregated accounts by the Portfolio's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Portfolio of Investments. The carrying amount of the liability for cash collateral due to broker at April 30, 2026 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 8) at April 30, 2026.

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

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| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Total** |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;$12321847<sup>(1)</sup> | &nbsp;&nbsp;$— | &nbsp;&nbsp;$12321847 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444796 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$12321847** | &nbsp;&nbsp;**$1444796** | &nbsp;&nbsp;**$13766643** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$12321847** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$12321847** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$1444796** | &nbsp;&nbsp;**$1444796** |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(4141111) | &nbsp;&nbsp;$(4141111) |
| Payable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22248) | &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;(22248) |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$(22248)** | &nbsp;&nbsp;**$(4141111)** | &nbsp;&nbsp;**$(4163359)** |

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<sup>(1)</sup> Only the current day's variation margin on open centrally cleared swap contracts is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open centrally cleared swap contracts, as applicable.

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[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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The Portfolio's derivative assets and liabilities at fair value by risk, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following tables present the Portfolio's derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Portfolio for such assets and pledged by the Portfolio for such liabilities as of April 30, 2026.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;$370271 | &nbsp;&nbsp;&nbsp;$(78155) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$292116 |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;1074525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99268) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(300000) | &nbsp;&nbsp;&nbsp;&nbsp;675257 |
|  | &nbsp;&nbsp;&nbsp;**$1444796** | &nbsp;&nbsp;&nbsp;**$(177423)** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$(300000)** | &nbsp;&nbsp;&nbsp;**$967373** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$(115212) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$115212 | &nbsp;&nbsp;&nbsp;$— |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(78155) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78155 | &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; — |
| Goldman Sachs Bank USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;22248 | &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; — |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(122797) | &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;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12797) |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;(3725679) | &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;2860000 | &nbsp;&nbsp;&nbsp;&nbsp;(865679) |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99268) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99268 | &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;**$(4163359)** | &nbsp;&nbsp;&nbsp;**$177423** | &nbsp;&nbsp;&nbsp;**$22248** | &nbsp;&nbsp;&nbsp;**$3085212** | &nbsp;&nbsp;&nbsp;**$(878476)** |

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<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Statement of Operations Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;$93680 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$93680 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6814880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6814880 |
| **Total** | &nbsp;&nbsp;**$93680** | &nbsp;&nbsp;**$6814880** | &nbsp;&nbsp;**$6908560** |
| Change in unrealized appreciation (depreciation): |  |  |  |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;$4649592 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$4649592 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(10597415) | &nbsp;&nbsp;&nbsp;&nbsp;(10597415) |
| **Total** | &nbsp;&nbsp;**$4649592** | &nbsp;&nbsp;**$(10597415)** | &nbsp;&nbsp;**$(5947823)** |

---

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The average notional amounts of forward foreign currency exchange contracts and swap contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | |
|:---|:---|
| **Forward<br> Foreign Currency<br> Exchange Contracts<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $634049000 | &nbsp;&nbsp;&nbsp;&nbsp;$126509000 |

---

<sup>(1)</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

6 Credit Facility

The Portfolio participates with another portfolio and fund managed by BMR and its affiliates in a $425 million ($500 million prior to March 2, 2026) unsecured credit facility agreement (Agreement) with a group of banks, which is in effect through March 1, 2027. Borrowings are made by the Portfolio solely to facilitate the handling of unusual and/or unanticipated short-term cash requirements. At the Portfolio's option, any loan under the Credit Facility that is made to it will bear interest at a rate equal to (i) the Benchmark Rate (defined below) plus a margin or, (ii) the Base Rate, or (iii) the Overnight Rate plus a margin. Base Rate is the highest of (a) administrative agent's prime rate, (b) 50 basis points above the Federal Funds rate, (c) the Benchmark Rate plus a margin and (d) 1.00%, in each case as in effect from time to time. The "Overnight Rate" is the greatest of the Benchmark Rate, the Federal Funds rate and 0.00%. "Benchmark Rate" means Term SOFR (defined as the forward-looking Secured Overnight Financing Rate term rate published two U.S. government securities business days prior to the commencement of the applicable interest period) for an interest period of one-month's duration. To the extent that, at any time, the Benchmark Rate is less than 0.00%, the Benchmark Rate shall be deemed to be 0.00% for purposes of the Credit Facility. In addition, a fee computed at an annual rate of 0.15% on the daily unused portion of each lender's commitment amount is allocated among the participating portfolios and fund at the end of each quarter. Also included in interest expense and fees on the Statement of Operations is approximately $496,000 of amortization of upfront fees paid by the Portfolio in connection with the annual renewal of the Agreement. The unamortized balance of upfront fees at April 30, 2026 is $797,577 and is included in prepaid upfront fees on notes payable in the Statement of Assets and Liabilities. Because the credit facility is not available exclusively to the Portfolio and the maximum amount is capped, it may be unable to borrow some or all of a requested amount at any particular time. The Portfolio did not have any significant borrowings during the six months ended April 30, 2026.

7 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $278,370,674, which represents 7.7% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Exchange-Traded Funds** |  |  |  |  |  |  |  |  |
| Eaton Vance Floating-Rate ETF | $28568925 | $— | $— | $— | $(516863) | $28052062 | $948442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577500 |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | &nbsp;&nbsp;&nbsp;189108071 | &nbsp;&nbsp;&nbsp;813896488 | &nbsp;&nbsp;&nbsp;(752685947) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;250318612 | &nbsp;&nbsp;&nbsp;2263552 | 250318612 |
| **Total** |  |  |  | **$—** | **$(516863)** | **$278370674** | **$3211994** |  |

---

8 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)

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Asset-Backed Securities | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$106578156 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$106578156 |
| Closed-End Funds | &nbsp;&nbsp;&nbsp;&nbsp; 1711044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1711044 |
| Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 344899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43862603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12054458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56261960 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152428880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152428880 |
| Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp; 55555237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55555237 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2650013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8358918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11008931 |
| Senior Floating-Rate Loans (Less Unfunded Loan Commitments) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000040988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16080048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3016121036 |
| U.S. Government Agency Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5537265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5537265 |
| Warrants | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;250318612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250318612 |
| **Total Investments** | &nbsp;&nbsp;**$307929792** | &nbsp;&nbsp;&nbsp;&nbsp;**$3311097905** | &nbsp;&nbsp;&nbsp;&nbsp;**$36493424** | &nbsp;&nbsp;&nbsp;&nbsp;**$3655521121** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1444796 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1444796 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12321847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12321847 |
| **Total** | &nbsp;&nbsp;**$307929792** | &nbsp;&nbsp;&nbsp;&nbsp;**$3324864548** | &nbsp;&nbsp;&nbsp;&nbsp;**$36493424** | &nbsp;&nbsp;&nbsp;&nbsp;**$3669287764** |
| **Liability Description** |  |  |  |  |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(4141111) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(4141111) |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22248) |
| **Total** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(4163359)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(4163359)** |

---

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

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 six months ended April 30, 2026 is not presented.

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

9 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, and by acts of terrorism and war. 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 Portfolio 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.

#### Credit Risk
The Portfolio invests primarily in below investment grade floating-rate loans, which are considered speculative because of the credit risk of their issuers. Changes in economic conditions or other circumstances are more likely to reduce the capacity of issuers of these securities to make principal and interest payments. Such companies are more likely to default on their payments of interest and principal owed than issuers of investment grade bonds. An economic downturn generally leads to a higher non-payment rate, and a loan or other debt obligation may lose significant value before a default occurs. Lower rated investments also may be subject to greater price volatility than higher rated investments. Moreover, the specific collateral used to secure a loan may decline in value or become illiquid, which would adversely affect the loan's value.

10 Commitments and Contingencies

In connection with the Serta Chapter 11 bankruptcy proceeding, on December 31, 2024, the U.S. Fifth Circuit Court of Appeals reversed a bankruptcy court's ruling that held permissible an "uptier" agreement (the "2020 Agreement") entered into by Serta with certain participating lenders, including the Portfolio. The 2020 Agreement had the effect of subordinating the existing debt of certain non-participating lenders to that of the participating lenders. The non-participating lenders brought claims for breach of contract, arguing that the participating lenders had breached an earlier agreement by entering into the 2020 Agreement. The appellate court found that the bankruptcy court had erred in determining that the 2020 Agreement was permitted by the terms of the earlier agreement and remanded the breach of contract claims for further consideration by the bankruptcy court. The appellate court further held that indemnification of the participating lenders in the 2020 Agreement was impermissible under the U.S. Bankruptcy Code.

A request by the Portfolio and the other participating lenders for a rehearing of this matter before the Fifth Circuit en banc was denied. A bench trial took place on the breach of contract claim in March 2026, and the Court is expected to rule by July 2026. The attorneys' fees and costs related to these actions are expensed by the Portfolio as incurred.

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

This Page Intentionally Left Blank

------

[**Table of Contents**](#JOB_EV_AR_7bee4eca-0f79-49bb-b0f5-7f695cd206ac_TOC)

EVBLX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Floating-Rate & High Income Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804imgadb9a1921.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Floating-Rate & High Income Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_b050385c-16b7-45ee-a2c1-97804533c0be_1)** |  |
| [Item 7 of Form N-CSR:](#xx_2c14b0e8-2ba8-4470-bac2-dd3368c96443_1) | [Item 7 of Form N-CSR:](#xx_2c14b0e8-2ba8-4470-bac2-dd3368c96443_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_2c14b0e8-2ba8-4470-bac2-dd3368c96443_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_2c14b0e8-2ba8-4470-bac2-dd3368c96443_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_2c14b0e8-2ba8-4470-bac2-dd3368c96443_4) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_7f273be3-1c01-456b-9a28-74f3c3a5045f_1) | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_c7056cbc-82dc-414b-abe9-261448722c45_1) | 10 |
| [Eaton Vance Floating Rate Portfolio](#xx_a9de63bb-0853-48f2-860b-694815d20e9b_1) | [Eaton Vance Floating Rate Portfolio](#xx_a9de63bb-0853-48f2-860b-694815d20e9b_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_a9de63bb-0853-48f2-860b-694815d20e9b_1) | [Items 6 and 7 of Form N-CSR:](#xx_a9de63bb-0853-48f2-860b-694815d20e9b_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_a9de63bb-0853-48f2-860b-694815d20e9b_1) | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_b98c3578-e356-4c15-acec-9ff5a76b54f5_1) | 34 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in Eaton Vance Floating Rate Portfolio, at value<br> (identified cost $575,103,576) | &nbsp;&nbsp;$525096644 |
| Investment in High Income Opportunities Portfolio, at value<br> (identified cost $120,060,683) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88596529 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280590 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80155 |
| **Total assets** | &nbsp;&nbsp;**$614053918** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$1334767 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267183 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75588 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38204 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9874 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125108 |
| **Total liabilities** | &nbsp;&nbsp;**$1850766** |
| **Net Assets** | &nbsp;&nbsp;**$612203152** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$907388043 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;(295184891) |
| **Net Assets** | &nbsp;&nbsp;**$612203152** |
| Advisers Class Shares |  |
| **Net Assets** | &nbsp;&nbsp;$28911935 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3651871 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.92 |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$86811940 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10308319 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$8.42 |
| **Maximum Offering Price Per Share <br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$8.70 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$17309386 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2190636 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.90 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$449380878 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56727412 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.92 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited) — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Class R6 Shares |  |
| **Net Assets** | &nbsp;&nbsp;$29789013 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3760321 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.92 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolios (net of foreign taxes withheld of $56) | &nbsp;&nbsp;$698471 |
| Interest income allocated from Portfolios (net of foreign taxes withheld of $7) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22736476 |
| Other income allocated from Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5887 |
| Expenses, excluding interest expense and fees, allocated from Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1887925) |
| Interest expense and fees allocated from Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(136882) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolios | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26813 |
| **Total investment income from Portfolios** | &nbsp;&nbsp;**$21442840** |
| Expenses |  |
| Administration fee | &nbsp;&nbsp;$486994 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37578 |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111325 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91668 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25343 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224070 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49204 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20140 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44032 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7123 |
| **Total expenses** | &nbsp;&nbsp;**$1097727** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$160350 |
| **Total expense reductions** | &nbsp;&nbsp;**$160350** |
| **Net expenses** | &nbsp;&nbsp;**$937377** |
| **Net investment income** | &nbsp;&nbsp;**$20505463** |
| Realized and Unrealized Gain (Loss) from Portfolios |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(24185208) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(250834) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5768 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987138 |
| **Net realized loss** | &nbsp;&nbsp;**$(23443136)** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$8794093 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658584 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159880 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1483515) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$8129042** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(15314094)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$5191369** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$20505463 | &nbsp;&nbsp;$56909774 |
| &nbsp;&nbsp;&nbsp;Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23443136) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15069417) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8129042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1869096) |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$5191369** | &nbsp;&nbsp;**$39971261** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;$(980995) | &nbsp;&nbsp;$(2336151) |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2906892) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7061863) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(529539) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1204759) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16316716) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44263753) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1028505) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2314888) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(21762647)** | &nbsp;&nbsp;**$(57181414)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;$(1956653) | &nbsp;&nbsp;$(2312188) |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4671126) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12149386) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1524060) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1824535 |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(73974600) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99375744) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(254922) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;918920 |
| **Net decrease in net assets from Fund share transactions** | &nbsp;&nbsp;**$(82381361)** | &nbsp;&nbsp;**$(111093863)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(98952639)** | &nbsp;&nbsp;**$(128304016)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$711155791 | &nbsp;&nbsp;$839459807 |
| **At end of period** | &nbsp;&nbsp;**$612203152** | &nbsp;&nbsp;**$711155791** |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.12 | &nbsp;&nbsp;$8.29 | &nbsp;&nbsp;$8.11 | &nbsp;&nbsp;$7.99 | &nbsp;&nbsp;$8.72 | &nbsp;&nbsp;$8.33 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.24 | &nbsp;&nbsp;$0.57 | &nbsp;&nbsp;$0.65 | &nbsp;&nbsp;$0.60 | &nbsp;&nbsp;$0.34 | &nbsp;&nbsp;$0.28 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.16) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.73) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.06** | &nbsp;&nbsp;**$0.41** | &nbsp;&nbsp;**$0.83** | &nbsp;&nbsp;**$0.73** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$0.68** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.58) | &nbsp;&nbsp;$(0.65) | &nbsp;&nbsp;$(0.61) | &nbsp;&nbsp;$(0.34) | &nbsp;&nbsp;$(0.29) |
| **Total distributions** | &nbsp;&nbsp;**$(0.26)** | &nbsp;&nbsp;**$(0.58)** | &nbsp;&nbsp;**$(0.65)** | &nbsp;&nbsp;**$(0.61)** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$(0.29)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.92** | &nbsp;&nbsp;**$8.12** | &nbsp;&nbsp;**$8.29** | &nbsp;&nbsp;**$8.11** | &nbsp;&nbsp;**$7.99** | &nbsp;&nbsp;**$8.72** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.74%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.05%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.59%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.35%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.56)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.20%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$28912 | &nbsp;&nbsp;$31634 | &nbsp;&nbsp;$34656 | &nbsp;&nbsp;$39715 | &nbsp;&nbsp;$43533 | &nbsp;&nbsp;$47953 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.04% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08%<sup>(6)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.04% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.14%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.99% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.01% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25% |
| Portfolio Turnover of the Fund<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1%<sup>(3)</sup> | &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;4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes interest expense and fees allocated from the Portfolios of 0.04%, 0.04% and 0.02% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025 and 2024, respectively.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolios' adviser fees due to the Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(9)</sup> Percentage is based on the Fund's contributions to and withdrawals from the Portfolios and excludes the investment activity of the Portfolios.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Financial Highlights — continued

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.64 | &nbsp;&nbsp;$8.82 | &nbsp;&nbsp;$8.63 | &nbsp;&nbsp;$8.50 | &nbsp;&nbsp;$9.28 | &nbsp;&nbsp;$8.87 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.61 | &nbsp;&nbsp;$0.70 | &nbsp;&nbsp;$0.64 | &nbsp;&nbsp;$0.36 | &nbsp;&nbsp;$0.30 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.14 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.78) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.42 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.06** | &nbsp;&nbsp;**$0.43** | &nbsp;&nbsp;**$0.89** | &nbsp;&nbsp;**$0.78** | &nbsp;&nbsp;**$(0.42)** | &nbsp;&nbsp;**$0.72** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.28) | &nbsp;&nbsp;$(0.61) | &nbsp;&nbsp;$(0.70) | &nbsp;&nbsp;$(0.65) | &nbsp;&nbsp;$(0.36) | &nbsp;&nbsp;$(0.31) |
| **Total distributions** | &nbsp;&nbsp;**$(0.28)** | &nbsp;&nbsp;**$(0.61)** | &nbsp;&nbsp;**$(0.70)** | &nbsp;&nbsp;**$(0.65)** | &nbsp;&nbsp;**$(0.36)** | &nbsp;&nbsp;**$(0.31)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$8.42** | &nbsp;&nbsp;**$8.64** | &nbsp;&nbsp;**$8.82** | &nbsp;&nbsp;**$8.63** | &nbsp;&nbsp;**$8.50** | &nbsp;&nbsp;**$9.28** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.66%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.06%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.57%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.38%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.60)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.14%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$86812 | &nbsp;&nbsp;$93740 | &nbsp;&nbsp;$108034 | &nbsp;&nbsp;$116469 | &nbsp;&nbsp;$172307 | &nbsp;&nbsp;$187279 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.04% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08%<sup>(6)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.08%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.04% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.14%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.99% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.40% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.01% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.25% |
| Portfolio Turnover of the Fund<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1%<sup>(3)</sup> | &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;&nbsp;&nbsp;4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes interest expense and fees allocated from the Portfolios of 0.04%, 0.04% and 0.02% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025 and 2024, respectively.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolios' adviser fees due to the Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(9)</sup> Percentage is based on the Fund's contributions to and withdrawals from the Portfolios and excludes the investment activity of the Portfolios.

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.10 | &nbsp;&nbsp;$8.28 | &nbsp;&nbsp;$8.10 | &nbsp;&nbsp;$7.98 | &nbsp;&nbsp;$8.71 | &nbsp;&nbsp;$8.32 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.21 | &nbsp;&nbsp;$0.51 | &nbsp;&nbsp;$0.59 | &nbsp;&nbsp;$0.54 | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$0.22 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.72) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.39 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.03** | &nbsp;&nbsp;**$0.33** | &nbsp;&nbsp;**$0.77** | &nbsp;&nbsp;**$0.67** | &nbsp;&nbsp;**$(0.45)** | &nbsp;&nbsp;**$0.61** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.23) | &nbsp;&nbsp;$(0.51) | &nbsp;&nbsp;$(0.59) | &nbsp;&nbsp;$(0.55) | &nbsp;&nbsp;$(0.28) | &nbsp;&nbsp;$(0.22) |
| **Total distributions** | &nbsp;&nbsp;**$(0.23)** | &nbsp;&nbsp;**$(0.51)** | &nbsp;&nbsp;**$(0.59)** | &nbsp;&nbsp;**$(0.55)** | &nbsp;&nbsp;**$(0.28)** | &nbsp;&nbsp;**$(0.22)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.90** | &nbsp;&nbsp;**$8.10** | &nbsp;&nbsp;**$8.28** | &nbsp;&nbsp;**$8.10** | &nbsp;&nbsp;**$7.98** | &nbsp;&nbsp;**$8.71** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.36%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.14%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.77%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.68%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.40)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.40%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$17309 | &nbsp;&nbsp;$19303 | &nbsp;&nbsp;$17882 | &nbsp;&nbsp;$16355 | &nbsp;&nbsp;$21726 | &nbsp;&nbsp;$25764 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.89%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.84%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.77% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83%<sup>(6)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.77%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.39%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.11% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.52% |
| Portfolio Turnover of the Fund<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1%<sup>(3)</sup> | &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;4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes interest expense and fees allocated from the Portfolios of 0.04%, 0.04% and 0.02% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025 and 2024, respectively.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolios' adviser fees due to the Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(9)</sup> Percentage is based on the Fund's contributions to and withdrawals from the Portfolios and excludes the investment activity of the Portfolios.

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.12 | &nbsp;&nbsp;$8.30 | &nbsp;&nbsp;$8.12 | &nbsp;&nbsp;$8.00 | &nbsp;&nbsp;$8.73 | &nbsp;&nbsp;$8.34 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.59 | &nbsp;&nbsp;$0.67 | &nbsp;&nbsp;$0.62 | &nbsp;&nbsp;$0.36 | &nbsp;&nbsp;$0.30 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.73) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.07** | &nbsp;&nbsp;**$0.42** | &nbsp;&nbsp;**$0.86** | &nbsp;&nbsp;**$0.75** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$0.70** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.60) | &nbsp;&nbsp;$(0.68) | &nbsp;&nbsp;$(0.63) | &nbsp;&nbsp;$(0.36) | &nbsp;&nbsp;$(0.31) |
| **Total distributions** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.60)** | &nbsp;&nbsp;**$(0.68)** | &nbsp;&nbsp;**$(0.63)** | &nbsp;&nbsp;**$(0.36)** | &nbsp;&nbsp;**$(0.31)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.92** | &nbsp;&nbsp;**$8.12** | &nbsp;&nbsp;**$8.30** | &nbsp;&nbsp;**$8.12** | &nbsp;&nbsp;**$8.00** | &nbsp;&nbsp;**$8.73** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.87%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.19%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.86%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.76%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.43)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.47%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$449381 | &nbsp;&nbsp;$535673 | &nbsp;&nbsp;$648336 | &nbsp;&nbsp;$742105 | &nbsp;&nbsp;$1227499 | &nbsp;&nbsp;$1187123 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83%<sup>(6)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.83%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.40%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.63% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.47% |
| Portfolio Turnover of the Fund<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1%<sup>(3)</sup> | &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;&nbsp;&nbsp;4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes interest expense and fees allocated from the Portfolios of 0.04%, 0.04% and 0.02% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025 and 2024, respectively.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolios' adviser fees due to the Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(9)</sup> Percentage is based on the Fund's contributions to and withdrawals from the Portfolios and excludes the investment activity of the Portfolios.

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

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;**Class R6** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.12 | &nbsp;&nbsp;$8.30 | &nbsp;&nbsp;$8.12 | &nbsp;&nbsp;$8.00 | &nbsp;&nbsp;$8.73 | &nbsp;&nbsp;$8.34 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.60 | &nbsp;&nbsp;$0.68 | &nbsp;&nbsp;$0.63 | &nbsp;&nbsp;$0.36 | &nbsp;&nbsp;$0.31 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.19) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.18) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.73) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.07** | &nbsp;&nbsp;**$0.42** | &nbsp;&nbsp;**$0.86** | &nbsp;&nbsp;**$0.76** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$0.71** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.60) | &nbsp;&nbsp;$(0.68) | &nbsp;&nbsp;$(0.64) | &nbsp;&nbsp;$(0.36) | &nbsp;&nbsp;$(0.32) |
| **Total distributions** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.60)** | &nbsp;&nbsp;**$(0.68)** | &nbsp;&nbsp;**$(0.64)** | &nbsp;&nbsp;**$(0.36)** | &nbsp;&nbsp;**$(0.32)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.92** | &nbsp;&nbsp;**$8.12** | &nbsp;&nbsp;**$8.30** | &nbsp;&nbsp;**$8.12** | &nbsp;&nbsp;**$8.00** | &nbsp;&nbsp;**$8.73** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.89%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.25%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.93%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.83%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.38)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.54%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$29789 | &nbsp;&nbsp;$30806 | &nbsp;&nbsp;$30551 | &nbsp;&nbsp;$30507 | &nbsp;&nbsp;$42124 | &nbsp;&nbsp;$37646 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.74% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78%<sup>(6)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.74% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.44%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.72% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.61% |
| Portfolio Turnover of the Fund<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1%<sup>(3)</sup> | &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;4% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolios' allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes interest expense and fees allocated from the Portfolios of 0.04%, 0.04% and 0.02% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025 and 2024, respectively.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolios' adviser fees due to the Portfolios' investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(9)</sup> Percentage is based on the Fund's contributions to and withdrawals from the Portfolios and excludes the investment activity of the Portfolios.

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Floating-Rate & High Income 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 offers five classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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. Advisers Class, Class I 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 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. Net investment income, other than class-specific expenses, is allocated daily to each class of shares based upon the ratio of the value of each class's paid shares to the total value of all paid shares. 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 Fund's investment objective is to provide a high level of current income. The Fund currently pursues its objective by investing all of its investable assets in interests in two portfolios managed by Eaton Vance Management (EVM) or its affiliates (the Portfolios), which are Massachusetts business trusts. The value of the Fund's investments in the Portfolios reflects the Fund's proportionate interest in their net assets. The Portfolios and the Fund's proportionate interest in each of their net assets at April 30, 2026 were as follows: Eaton Vance Floating Rate Portfolio (14.5%) and High Income Opportunities Portfolio (4.5%). The performance of the Fund is directly affected by the performance of the Portfolios. The financial statements of Eaton Vance Floating Rate Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements. A copy of High Income Opportunities Portfolio's financial statements is available by calling Eaton Vance at 1-800-262-1122 or in the EDGAR database on the Securities and Exchange Commission's website at www.sec.gov.

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— Valuation of securities by Eaton Vance Floating Rate Portfolio is discussed in Note 1A of the Portfolio's Notes to Financial Statements, which are included elsewhere in this report. Such policies are consistent with those of High Income Opportunities Portfolio.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolios, less all actual and accrued expenses of the Fund.

C 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.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

The Fund declares dividends daily to shareholders of record at the time of declaration. Distributions are generally paid monthly. Distributions of realized capital gains are made at least annually. 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 reinvestment 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $233,580,070 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 October 31, 2025, $17,408,287 are short-term and $216,171,783 are long-term.

3 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by EVM, an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Fund. For bank loans and bank loan related assets, the investment adviser fee is computed based on the Fund's daily net assets that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser and receive an advisory fee at the following annual rates and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5750% |
| $1 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5250% |
| $2 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4900% |
| $5 billion but less than $10 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4600% |
| $10 billion but less than $15 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4350% |
| $15 billion but less than $20 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4150% |
| $20 billion but less than $25 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4000% |
| $25 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.3900% |

---

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

For high yield bonds and other instruments that are not bank loan related, the fee is an aggregate of a daily asset-based fee and a daily income-based fee at the following rates:

---

| | | |
|:---|:---|:---|
| **Total Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Asset<br> Rate** | &nbsp;&nbsp;&nbsp;&nbsp;**Daily Income<br> Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3000% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.0000% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2750% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.7500% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2500% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5000% |
| $1.5 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2250% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2500% |
| $2 billion but less than $3 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2000% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.0000% |
| $3 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.1750% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7500% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. To the extent the Fund's assets are invested in the Portfolios, the Fund is allocated its share of the Portfolios' investment adviser fees. The Portfolios have engaged Boston Management and Research (BMR), an affiliate of EVM, to render investment advisory services. See Note 2 of the Portfolios' Notes to Financial Statements. For the six months ended April 30, 2026, the Fund's allocated portion of investment adviser fees paid by the Portfolios amounted to $1,661,386 or 0.51% (annualized) of the Fund's average daily net assets. The administration fee is earned by EVM as compensation for administrative services rendered to the Fund. The fee is computed at an annual rate of 0.15% of the Fund's average daily net assets. For the six months ended April 30, 2026, the administration fee amounted to $486,994.

The Portfolios 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, and in other affiliated funds. The investment adviser fee paid by the Portfolios is reduced by an amount equal to their pro rata share of the advisory and administration fees paid by the Portfolios due to their investments in the Liquidity Fund and in other affiliated funds. For the six months ended April 30, 2026, the Fund's allocated share of the reduction of the investment adviser fee paid by the Portfolios was $26,813 relating to the Portfolios' investments in the Liquidity Fund and in other affiliated funds.

EVM has agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding such expenses as brokerage commissions, acquired fund fees and expenses of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 1.05%, 1.05%, 1.80%, 0.80% and 0.75% of the Fund's average daily net assets for Advisers Class, Class A, Class C, Class I and Class R6, respectively. This agreement may be changed or terminated after March 1, 2027. Pursuant to this agreement, EVM waived and/or reimbursed $160,350 of the Fund's operating expenses for the six months ended April 30, 2026.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $18,358 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 $1,026 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also 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 or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolios are officers of the above organizations.

4 Distribution Plans

The Fund has in effect distribution plans for the Advisers Class shares and Class A shares (Advisers/Class A Plan) pursuant to Rule 12b-1 under the 1940 Act. Pursuant to the Advisers/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 Advisers Class shares and 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 six months ended April 30, 2026 amounted to $37,578 for Advisers Class shares and $111,325 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $68,751 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 Class C shares. 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 six months ended April 30, 2026 amounted to $22,917 for Class C shares.

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

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received $1,139 of CDSCs paid by Class C shareholders and no CDSCs paid by Class A shareholders.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investments in the Portfolios were as follows:

---

| | | |
|:---|:---|:---|
| **Portfolio** | &nbsp;&nbsp;&nbsp;&nbsp;**Contributions** | &nbsp;&nbsp;&nbsp;&nbsp;**Withdrawals** |
| Eaton Vance Floating Rate Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;$4393272 | &nbsp;&nbsp;&nbsp;&nbsp;$96386148 |
| High Income Opportunities Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14402528 |

---

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, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Advisers Class** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 232523 | &nbsp;&nbsp;&nbsp;&nbsp;$1860150 | &nbsp;&nbsp;&nbsp;&nbsp; 470096 | &nbsp;&nbsp;&nbsp;&nbsp;$3852909 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 122304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 976613 | &nbsp;&nbsp;&nbsp;&nbsp; 283702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2325179 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (599541) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4793416) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1036637) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8490276) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(244714)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1956653)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(282839)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(2312188)** |
| **Class A** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 604778 | &nbsp;&nbsp;&nbsp;&nbsp;$5172878 | &nbsp;&nbsp;&nbsp;&nbsp; 872674 | &nbsp;&nbsp;&nbsp;&nbsp;$7624055 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 298791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2538050 | &nbsp;&nbsp;&nbsp;&nbsp; 710386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6194123 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1450212) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12382054) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2976104) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25967564) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(546643)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(4671126)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1393044)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(12149386)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 127559 | &nbsp;&nbsp;&nbsp;&nbsp;$1025671 | &nbsp;&nbsp;&nbsp;&nbsp; 806641 | &nbsp;&nbsp;&nbsp;&nbsp;$6619071 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 63777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 508180 | &nbsp;&nbsp;&nbsp;&nbsp; 140914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1152297 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (383011) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3057911) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (725932) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5946833) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(191675)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1524060)** | &nbsp;&nbsp;&nbsp;&nbsp; **221623** | &nbsp;&nbsp;&nbsp;&nbsp;**$1824535** |

---

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating-Rate & High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 5104103 | &nbsp;&nbsp;&nbsp;&nbsp;$40881365 | &nbsp;&nbsp;&nbsp;&nbsp;16377856 | &nbsp;&nbsp;&nbsp;&nbsp;$134820436 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 1876485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14994211 | &nbsp;&nbsp;&nbsp;&nbsp; 5020887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41186047 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(16195726) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(129850176) | &nbsp;&nbsp;&nbsp;&nbsp;(33595089) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(275382227) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(9215138)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(73974600)** | &nbsp;&nbsp;&nbsp;&nbsp;**(12196346)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(99375744)** |
| **Class R6** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 243745 | &nbsp;&nbsp;&nbsp;&nbsp;$1952213 | &nbsp;&nbsp;&nbsp;&nbsp; 1133012 | &nbsp;&nbsp;&nbsp;&nbsp;$9283408 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 128116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1023299 | &nbsp;&nbsp;&nbsp;&nbsp; 280599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2300656 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (403789) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3230434) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1303300) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10665144) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(31928)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(254922)** | &nbsp;&nbsp;&nbsp;&nbsp; **110311** | &nbsp;&nbsp;&nbsp;&nbsp;**$918920** |

---

8 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 April 30, 2026 and October 31, 2025, the Fund's investment in High Income Opportunities Portfolio, whose financial statements are not included but are available elsewhere as discussed in Note 1, and in Eaton Vance Floating Rate Portfolio were valued based on Level 1 inputs.

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited)

------

Asset-Backed Securities — 2.9%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| ARES LXXVII CLO Ltd., Series 2025-77A, Class E, 9.223%, (3 mo. SOFR + 5.55%), 7/15/38<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$2011122 |
| Ballyrock CLO Ltd., Series 2019-2A, Class DR3, 9.817%, (3 mo. SOFR + 6.15%), 10/25/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2224937 |
| Barings CLO Ltd., Series 2015-1A, Class DR, 6.537%, (3 mo. SOFR + 2.862%), 1/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2503980 |
| Battalion CLO XXII Ltd., Series 2021-22A, Class E, 10.887%, (3 mo. SOFR + 7.212%), 1/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1288200 |
| Battalion CLO XXIX Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-29A, Class D1, 6.973%, (3 mo. SOFR + 3.30%), 3/31/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1503531 |
| &nbsp;&nbsp;&nbsp;Series 2025-29A, Class E, 10.023%, (3 mo. SOFR + 6.35%), 3/31/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2018490 |
| Benefit Street Partners CLO 48 Ltd., Series 2026-48A, Class E, 8.359%, (3 mo. SOFR + 4.65%), 4/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1007052 |
| Benefit Street Partners CLO XXII Ltd., Series 2020-22A, Class ERR, 8.575%, (3 mo. SOFR + 4.90%), 4/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 989362 |
| BlueMountain CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-3A, Class DR, 7.014%, (3 mo. SOFR + 3.362%), 11/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1501893 |
| &nbsp;&nbsp;&nbsp;Series 2016-3A, Class ER, 9.864%, (3 mo. SOFR + 6.212%), 11/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1141077 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class D, 6.975%, (3 mo. SOFR + 3.312%), 7/30/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2497490 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class E, 9.875%, (3 mo. SOFR + 6.212%), 7/30/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1245358 |
| BlueMountain CLO XXIV Ltd., Series 2019-24A, Class ER, 10.777%, (3 mo. SOFR + 7.102%), 4/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 929156 |
| BlueMountain CLO XXVI Ltd., Series 2019-26A, Class ER, 11.067%, (3 mo. SOFR + 7.392%), 10/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2918325 |
| BlueMountain CLO XXX Ltd., Series 2020-30A, Class ER, 10.373%, (3 mo. SOFR + 6.70%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1886650 |
| Bryant Park Funding Ltd., Series 2026-29A, Class E, 8.562%, (3 mo. SOFR + 4.80%), 4/22/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1002611 |
| Canyon Capital CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2012-1RA, Class E, 9.635%, (3 mo. SOFR + 5.962%), 7/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4875 | &nbsp;&nbsp;&nbsp;&nbsp; 4775682 |
| &nbsp;&nbsp;&nbsp;Series 2016-1A, Class ER, 9.685%, (3 mo. SOFR + 6.012%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3461304 |
| &nbsp;&nbsp;&nbsp;Series 2016-2A, Class ER, 9.935%, (3 mo. SOFR + 6.262%), 10/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 3884674 |
| &nbsp;&nbsp;&nbsp;Series 2017-1A, Class E, 10.185%, (3 mo. SOFR + 6.512%), 7/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3250 | &nbsp;&nbsp;&nbsp;&nbsp; 3167456 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Canyon Capital CLO Ltd.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class D, 6.835%, (3 mo. SOFR + 3.162%), 7/15/31<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;$3021243 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class E, 9.685%, (3 mo. SOFR + 6.012%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2709814 |
| Carlyle U.S. CLO Ltd., Series 2019-4A, Class DR, 10.273%, (3 mo. SOFR + 6.60%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2955252 |
| CIFC Funding Ltd., Series 2022-4A, Class DR, 6.38%, (3 mo. SOFR + 2.70%), 7/16/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1751936 |
| Dryden CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-55A, Class D, 6.785%, (3 mo. SOFR + 3.112%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1508009 |
| &nbsp;&nbsp;&nbsp;Series 2018-55A, Class E, 9.335%, (3 mo. SOFR + 5.662%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1977470 |
| Dryden Senior Loan Fund: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-41A, Class DR, 6.535%, (3 mo. SOFR + 2.862%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5007365 |
| &nbsp;&nbsp;&nbsp;Series 2015-41A, Class ER, 9.235%, (3 mo. SOFR + 5.562%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1268 | &nbsp;&nbsp;&nbsp;&nbsp; 1184808 |
| &nbsp;&nbsp;&nbsp;Series 2016-42A, Class D1AR, 6.973%, (3 mo. SOFR + 3.30%), 7/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2491052 |
| &nbsp;&nbsp;&nbsp;Series 2016-42A, Class ERR, 10.173%, (3 mo. SOFR + 6.50%), 7/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3319960 |
| HalseyPoint CLO 5 Ltd., Series 2021-5A, Class E, 10.865%, (3 mo. SOFR + 7.202%), 1/30/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1660218 |
| Madison Park Funding LIX Ltd., Series 2021-59A, Class ER, 10.075%, (3 mo. SOFR + 6.40%), 4/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1450 | &nbsp;&nbsp;&nbsp;&nbsp; 1312850 |
| Madison Park Funding XXXVI Ltd., Series 2019-36A, Class ERR, 9.273%, (3 mo. SOFR + 5.60%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2222470 |
| Neuberger Berman Loan Advisers CLO 48 Ltd., Series 2022-48A, Class ER, 8.567%, (3 mo. SOFR + 4.90%), 4/25/36<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 3132080 |
| Neuberger Berman Loan Advisers CLO Ltd., Series 2019-34A, Class ER2, 8.675%, (3 mo. SOFR + 5.00%), 7/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp; 850400 |
| New Mountain CLO 8 Ltd., Series CLO-8A, Class E, 8.525%, (3 mo. SOFR + 4.85%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1489878 |
| Palmer Square CLO Ltd., Series 2021-2A, Class ER, 8.773%, (3 mo. SOFR + 5.10%), 2/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 955540 |
| RAD CLO 14 Ltd., Series 2021-14A, Class E, 10.435%, (3 mo. SOFR + 6.762%), 1/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp; 865555 |
| Silver Point CLO 12 Ltd., Series 2025-12A, Class E, 8.673%, (3 mo. SOFR + 5.00%), 10/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1431647 |
| Sixth Street CLO XX Ltd., Series 2021-20A, Class ER, 9.18%, (3 mo. SOFR + 5.50%), 7/17/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 984418 |
| Symphony CLO XXXIII Ltd., Series 2022-33A, Class E1R, 9.017%, (3 mo. SOFR + 5.35%), 1/24/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 948629 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Upland CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-1A, Class CR, 6.837%, (3 mo. SOFR + 3.162%), 4/20/31<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;$4521564 |
| &nbsp;&nbsp;&nbsp;Series 2016-1A, Class DR, 9.837%, (3 mo. SOFR + 6.162%), 4/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2125 | &nbsp;&nbsp;&nbsp;&nbsp; 2101158 |
| Voya CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-3A, Class DR, 10.137%, (3 mo. SOFR + 6.462%), 10/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 5126297 |
| &nbsp;&nbsp;&nbsp;Series 2018-2A, Class E, 9.185%, (3 mo. SOFR + 5.512%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2293422 |
| Wellfleet CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class D, 7.437%, (3 mo. SOFR + 3.762%), 4/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1169422 |
| &nbsp;&nbsp;&nbsp;Series 2021-3A, Class E, 11.035%, (3 mo. SOFR + 7.362%), 1/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp; 842446 |
| Wellington Management CLO 2 Ltd., Series 2024-2A, Class ER, 10.099%, (3 mo. SOFR + 6.43%), 4/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2009976 |
| Windhill CLO 5 Ltd., 13.00%, 10/22/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4685 | &nbsp;&nbsp;&nbsp;&nbsp; 4774927 |
| Total Asset-Backed Securities<br> (identified cost $111,622,682) |  | &nbsp;&nbsp;**$106578156** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Closed-End Funds — 0.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Invesco Senior Income Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303506 | &nbsp;&nbsp;$956044 |
| Nuveen Floating Rate Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 755000 |
| Total Closed-End Funds<br> (identified cost $1,758,624) |  | &nbsp;&nbsp;**$1711044** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Common Stocks — 1.6%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Commercial Services & Supplies — 0.1% | Commercial Services & Supplies — 0.1% | Commercial Services & Supplies — 0.1% |
| Monitronics International, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223950 | &nbsp;&nbsp;$2127525 |
|  |  | &nbsp;&nbsp;**$2127525** |
| Containers and Glass Products — 0.0%<sup>†</sup> | Containers and Glass Products — 0.0%<sup>†</sup> | Containers and Glass Products — 0.0%<sup>†</sup> |
| LG Parent Holding Co.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250979 | &nbsp;&nbsp;$345096 |
|  |  | &nbsp;&nbsp;**$345096** |
| Electronic Equipment, Instruments & Components — 0.4% | Electronic Equipment, Instruments & Components — 0.4% | Electronic Equipment, Instruments & Components — 0.4% |
| Luxco Co. Ltd.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139324 | &nbsp;&nbsp;$2879708 |
| Range Red Acquisitions LLC, Class A1<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8745 | &nbsp;&nbsp;&nbsp;&nbsp; 12054458 |
|  |  | &nbsp;&nbsp;**$14934166** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Electronics/Electrical — 0.0%<sup>†</sup> | Electronics/Electrical — 0.0%<sup>†</sup> | Electronics/Electrical — 0.0%<sup>†</sup> |
| Skillsoft Corp.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44676 | &nbsp;&nbsp;$344899 |
|  |  | &nbsp;&nbsp;**$344899** |
| Entertainment — 0.1% | Entertainment — 0.1% | Entertainment — 0.1% |
| New Cineworld Ltd.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80602 | &nbsp;&nbsp;$1678778 |
|  |  | &nbsp;&nbsp;**$1678778** |
| Health Care — 0.4% | Health Care — 0.4% | Health Care — 0.4% |
| Cano Health, Inc.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314140 | &nbsp;&nbsp;$0 |
| Envision Parent, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778264 | &nbsp;&nbsp;&nbsp;&nbsp; 14942669 |
|  |  | &nbsp;&nbsp;**$14942669** |
| Household Durables — 0.3% | Household Durables — 0.3% | Household Durables — 0.3% |
| Serta Simmons Bedding, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1348933 | &nbsp;&nbsp;$12477630 |
| Serta SSB Equipment Co.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1348933 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp;**$12477630** |
| Investment Companies — 0.0% | Investment Companies — 0.0% | Investment Companies — 0.0% |
| Aegletes BV<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116244 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Machinery — 0.0% | Machinery — 0.0% | Machinery — 0.0% |
| Apex Tool Ultimate Holdings LLC<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113307 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Oil and Gas — 0.0% | Oil and Gas — 0.0% | Oil and Gas — 0.0% |
| AFG Holdings, Inc.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498342 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Pharmaceuticals — 0.3% | Pharmaceuticals — 0.3% | Pharmaceuticals — 0.3% |
| Mallinckrodt International Finance SA<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100308 | &nbsp;&nbsp;$9006806 |
| Par Health, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100308 | &nbsp;&nbsp;&nbsp;&nbsp; 404391 |
|  |  | &nbsp;&nbsp;**$9411197** |
| Retailers (Except Food and Drug) — 0.0% | Retailers (Except Food and Drug) — 0.0% | Retailers (Except Food and Drug) — 0.0% |
| Phillips Feed Service, Inc.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2590 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Software and Services — 0.0% | Software and Services — 0.0% | Software and Services — 0.0% |
| Blackboard LLC<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163296 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |

---

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Telecommunications — 0.0% | Telecommunications — 0.0% | Telecommunications — 0.0% |
| Anuvu<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364650 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Total Common Stocks<br> (identified cost $98,717,794) |  | &nbsp;&nbsp;**$56261960** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Corporate Bonds — 4.2%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace and Defense — 0.1% | Aerospace and Defense — 0.1% | Aerospace and Defense — 0.1% |
| Goat Holdco LLC, 6.75%, 2/1/32<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;$1845986 |
| TransDigm, Inc., 6.75%, 8/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3175 | &nbsp;&nbsp;&nbsp;&nbsp; 3221857 |
|  |  | &nbsp;&nbsp;**$5067843** |
| Airlines — 0.1% | Airlines — 0.1% | Airlines — 0.1% |
| VistaJet Malta Finance PLC/Vista Management Holding, Inc., 8.75%, 1/15/32<sup>(1)(6)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4850 | &nbsp;&nbsp;$4701838 |
|  |  | &nbsp;&nbsp;**$4701838** |
| Apparel & Luxury Goods — 0.1% | Apparel & Luxury Goods — 0.1% | Apparel & Luxury Goods — 0.1% |
| Champ Acquisition Corp., 8.375%, 12/1/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;$3801524 |
|  |  | &nbsp;&nbsp;**$3801524** |
| Automotive — 0.0%<sup>†</sup> | Automotive — 0.0%<sup>†</sup> | Automotive — 0.0%<sup>†</sup> |
| Adient Global Holdings Ltd., 7.00%, 4/15/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;$687140 |
|  |  | &nbsp;&nbsp;**$687140** |
| Building and Development — 0.1% | Building and Development — 0.1% | Building and Development — 0.1% |
| Smyrna Ready Mix Concrete LLC, 8.875%, 11/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;$2619105 |
| Winnebago Industries, Inc., 6.25%, 7/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;&nbsp; 264871 |
|  |  | &nbsp;&nbsp;**$2883976** |
| Business Equipment and Services — 0.1% | Business Equipment and Services — 0.1% | Business Equipment and Services — 0.1% |
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL, 4.625%, 6/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4475 | &nbsp;&nbsp;$4411644 |
|  |  | &nbsp;&nbsp;**$4411644** |
| Chemicals — 0.4% | Chemicals — 0.4% | Chemicals — 0.4% |
| Olympus Water U.S. Holding Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 10/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9350 | &nbsp;&nbsp;$9101297 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Chemicals (continued) | Chemicals (continued) | Chemicals (continued) |
| Olympus Water U.S. Holding Corp.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.25%, 2/15/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6250 | &nbsp;&nbsp;$6114549 |
|  |  | &nbsp;&nbsp;**$15215846** |
| Commercial Services — 0.2% | Commercial Services — 0.2% | Commercial Services — 0.2% |
| Herc Holdings, Inc., 7.00%, 6/15/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1990 | &nbsp;&nbsp;$2071546 |
| Neptune Bidco U.S., Inc., 9.29%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5550 | &nbsp;&nbsp;&nbsp;&nbsp; 5617652 |
|  |  | &nbsp;&nbsp;**$7689198** |
| Computers — 0.1% | Computers — 0.1% | Computers — 0.1% |
| Diebold Nixdorf, Inc., 7.75%, 3/31/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;$1895338 |
|  |  | &nbsp;&nbsp;**$1895338** |
| Diversified Financial Services — 0.1% | Diversified Financial Services — 0.1% | Diversified Financial Services — 0.1% |
| Aretec Group, Inc., 10.00%, 8/15/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3802 | &nbsp;&nbsp;$4031474 |
|  |  | &nbsp;&nbsp;**$4031474** |
| Diversified Telecommunication Services — 0.7% | Diversified Telecommunication Services — 0.7% | Diversified Telecommunication Services — 0.7% |
| Altice France SA: |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 10/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991 | &nbsp;&nbsp;$972855 |
| &nbsp;&nbsp;&nbsp;6.50%, 4/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10461 | &nbsp;&nbsp;&nbsp;&nbsp; 10294974 |
| &nbsp;&nbsp;&nbsp;9.50%, 11/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7107 | &nbsp;&nbsp;&nbsp;&nbsp; 7259575 |
| Virgin Media Secured Finance PLC, 4.50%, 8/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp; 5757949 |
|  |  | &nbsp;&nbsp;**$24285353** |
| Drugs — 0.3% | Drugs — 0.3% | Drugs — 0.3% |
| Jazz Securities DAC, 4.375%, 1/15/29<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9150 | &nbsp;&nbsp;$8953806 |
|  |  | &nbsp;&nbsp;**$8953806** |
| Engineering & Construction — 0.0%<sup>†</sup> | Engineering & Construction — 0.0%<sup>†</sup> | Engineering & Construction — 0.0%<sup>†</sup> |
| Artera Services LLC, 8.50%, 2/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175 | &nbsp;&nbsp;$1012667 |
|  |  | &nbsp;&nbsp;**$1012667** |
| Entertainment — 0.0%<sup>†</sup> | Entertainment — 0.0%<sup>†</sup> | Entertainment — 0.0%<sup>†</sup> |
| Caesars Entertainment, Inc., 6.50%, 2/15/32<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925 | &nbsp;&nbsp;$899636 |
|  |  | &nbsp;&nbsp;**$899636** |
| Health Care — 0.1% | Health Care — 0.1% | Health Care — 0.1% |
| Global Medical Response, Inc., 7.375%, 10/1/32<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1755 | &nbsp;&nbsp;$1830483 |
| Tenet Healthcare Corp., 4.25%, 6/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150 | &nbsp;&nbsp;&nbsp;&nbsp; 2095394 |
|  |  | &nbsp;&nbsp;**$3925877** |

---

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insurance — 0.3% | Insurance — 0.3% | Insurance — 0.3% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, 7.00%, 1/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;$1787254 |
| Asurion LLC/Asurion Co-Issuer, Inc., 8.375%, 2/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 6911890 |
| Panther Escrow Issuer LLC, 7.125%, 6/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3525 | &nbsp;&nbsp;&nbsp;&nbsp; 3543498 |
|  |  | &nbsp;&nbsp;**$12242642** |
| Machinery — 0.5% | Machinery — 0.5% | Machinery — 0.5% |
| Columbus McKinnon Corp., 7.125%, 2/1/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3150 | &nbsp;&nbsp;$3169688 |
| LSF12 Helix Parent LLC, 7.125%, 2/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1575 | &nbsp;&nbsp;&nbsp;&nbsp; 1541354 |
| Madison IAQ LLC, 4.125%, 6/30/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13050 | &nbsp;&nbsp;&nbsp;&nbsp; 12878274 |
|  |  | &nbsp;&nbsp;**$17589316** |
| Packaging & Containers — 0.1% | Packaging & Containers — 0.1% | Packaging & Containers — 0.1% |
| Sword Purchaser LLC, 8.25%, 4/15/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;$2150407 |
|  |  | &nbsp;&nbsp;**$2150407** |
| Pipelines — 0.0%<sup>†</sup> | Pipelines — 0.0%<sup>†</sup> | Pipelines — 0.0%<sup>†</sup> |
| Delek Logistics Partners LP/Delek Logistics Finance Corp., 7.375%, 6/30/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;$991237 |
|  |  | &nbsp;&nbsp;**$991237** |
| Professional Services — 0.1% | Professional Services — 0.1% | Professional Services — 0.1% |
| CoreLogic, Inc., 4.50%, 5/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3025 | &nbsp;&nbsp;$2944113 |
|  |  | &nbsp;&nbsp;**$2944113** |
| Software — 0.7% | Software — 0.7% | Software — 0.7% |
| Capstone Borrower, Inc., 8.00%, 6/15/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;$5792541 |
| Cloud Software Group, Inc., 9.00%, 9/30/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp; 6977277 |
| OAK-Eagle Acquireco, Inc., 7.25%, 7/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3050 | &nbsp;&nbsp;&nbsp;&nbsp; 3144157 |
| UKG, Inc., 6.875%, 2/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7850 | &nbsp;&nbsp;&nbsp;&nbsp; 7646830 |
|  |  | &nbsp;&nbsp;**$23560805** |
| Telecommunications — 0.1% | Telecommunications — 0.1% | Telecommunications — 0.1% |
| Vmed O2 U.K. Financing I PLC, 4.25%, 1/31/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3550 | &nbsp;&nbsp;$3059154 |
|  |  | &nbsp;&nbsp;**$3059154** |
| Transportation — 0.0%<sup>†</sup> | Transportation — 0.0%<sup>†</sup> | Transportation — 0.0%<sup>†</sup> |
| GB AIT Buyer, Inc., 8.75%, 4/30/34<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;$428046 |
|  |  | &nbsp;&nbsp;**$428046** |
| Total Corporate Bonds<br> (identified cost $152,391,633) |  | &nbsp;&nbsp;**$152428880** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Exchange-Traded Funds — 1.5%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Income Funds — 1.5% | Income Funds — 1.5% | Income Funds — 1.5% |
| Eaton Vance Floating-Rate ETF<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577500 | &nbsp;&nbsp;$28052062 |
| Eldridge BBB-B CLO ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675000 | &nbsp;&nbsp;&nbsp;&nbsp; 17823375 |
| iShares Broad USD High Yield Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260000 | &nbsp;&nbsp;&nbsp;&nbsp; 9679800 |
|  |  | &nbsp;&nbsp;**$55555237** |
| Total Exchange-Traded Funds<br> (identified cost $56,768,390) |  | &nbsp;&nbsp;**$55555237** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Preferred Stocks — 0.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Beverages — 0.2% | Beverages — 0.2% | Beverages — 0.2% |
| City Brewing TopCo LLC<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1225519 | &nbsp;&nbsp;$6433975 |
|  |  | &nbsp;&nbsp;**$6433975** |
| Software and Services — 0.0%<sup>†</sup> | Software and Services — 0.0%<sup>†</sup> | Software and Services — 0.0%<sup>†</sup> |
| Blackboard LLC, Series A<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105016 | &nbsp;&nbsp;$1924943 |
|  |  | &nbsp;&nbsp;**$1924943** |
| Technology — 0.1% | Technology — 0.1% | Technology — 0.1% |
| Cohesity Global, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Series G<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78854 | &nbsp;&nbsp;$1567223 |
| &nbsp;&nbsp;&nbsp;Series G1<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54480 | &nbsp;&nbsp;&nbsp;&nbsp; 1082790 |
|  |  | &nbsp;&nbsp;**$2650013** |
| Total Preferred Stocks<br> (identified cost $15,457,283) |  | &nbsp;&nbsp;**$11008931** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Senior Floating-Rate Loans — 83.6%<sup>(8)</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace and Defense — 2.4% | Aerospace and Defense — 2.4% | Aerospace and Defense — 2.4% | Aerospace and Defense — 2.4% |
| Aernnova Aerospace SAU, Term Loan, 6.103%, (3 mo. EURIBOR + 4.00%), 2/27/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5550 | &nbsp;&nbsp;$6469983 |
| Air Comm Corp. LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.423% - 6.45%, (3 mo. USD Term SOFR + 2.75%), 12/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13174 | &nbsp;&nbsp;&nbsp;&nbsp; 13244363 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/11/31<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;&nbsp; 647265 |
| HDI Aerospace Intermediate Holding III Corp., Term Loan, 7.424%, (3 mo. USD Term SOFR + 3.75%), 2/11/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5990 | &nbsp;&nbsp;&nbsp;&nbsp; 6024419 |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace and Defense (continued) | Aerospace and Defense (continued) | Aerospace and Defense (continued) | Aerospace and Defense (continued) |
| Kaman Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 2/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9858 | &nbsp;&nbsp;$9911924 |
| &nbsp;&nbsp;&nbsp;Term Loan, 2/26/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943 | &nbsp;&nbsp;&nbsp;&nbsp; 948576 |
| PMI (US) Bidco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 3.862%, (3 mo. USD Term SOFR + 0.17%), 3/16/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4978 | &nbsp;&nbsp;&nbsp;&nbsp; 5015787 |
| &nbsp;&nbsp;&nbsp;Term Loan, 3/16/33<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797 | &nbsp;&nbsp;&nbsp;&nbsp; 802526 |
| Propulsion (BC) Finco SARL, Term Loan, 12/1/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1410 | &nbsp;&nbsp;&nbsp;&nbsp; 1419257 |
| TransDigm, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/22/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13010 | &nbsp;&nbsp;&nbsp;&nbsp; 13044968 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/28/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12083 | &nbsp;&nbsp;&nbsp;&nbsp; 12114288 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 8/19/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3965 | &nbsp;&nbsp;&nbsp;&nbsp; 3976279 |
| VistaJet Malta Finance PLC, Term Loan, 7.442%, (3 mo. USD Term SOFR + 3.75%), 4/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12071 | &nbsp;&nbsp;&nbsp;&nbsp; 11995921 |
|  |  |  | &nbsp;&nbsp;**$85615556** |
| Airlines — 0.1% | Airlines — 0.1% | Airlines — 0.1% | Airlines — 0.1% |
| American Airlines, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.925%, (3 mo. USD Term SOFR + 2.25%), 4/20/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1934 | &nbsp;&nbsp;$1925598 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.425%, (3 mo. USD Term SOFR + 2.75%), 5/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1980 | &nbsp;&nbsp;&nbsp;&nbsp; 1974842 |
|  |  |  | &nbsp;&nbsp;**$3900440** |
| Apparel & Luxury Goods — 0.6% | Apparel & Luxury Goods — 0.6% | Apparel & Luxury Goods — 0.6% | Apparel & Luxury Goods — 0.6% |
| Beach Acquisition Bidco LLC, Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 9/12/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6858 | &nbsp;&nbsp;$6898548 |
| Gloves Buyer, Inc., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 5/21/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15497 | &nbsp;&nbsp;&nbsp;&nbsp; 15514869 |
|  |  |  | &nbsp;&nbsp;**$22413417** |
| Auto Components — 1.2% | Auto Components — 1.2% | Auto Components — 1.2% | Auto Components — 1.2% |
| Adient U.S. LLC, Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6344 | &nbsp;&nbsp;$6362348 |
| Autokiniton U.S. Holdings, Inc., Term Loan, 7.767%, (1 mo. USD Term SOFR + 4.00%), 4/6/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3611 | &nbsp;&nbsp;&nbsp;&nbsp; 3578748 |
| Clarios Global LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.01%, (1 mo. EURIBOR + 3.00%), 7/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1515 | &nbsp;&nbsp;&nbsp;&nbsp; 1792323 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 1/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5622 | &nbsp;&nbsp;&nbsp;&nbsp; 5655733 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Auto Components (continued) | Auto Components (continued) | Auto Components (continued) | Auto Components (continued) |
| DexKo Global, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.90%, (3 mo. EURIBOR + 4.75%), 10/6/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3848 | &nbsp;&nbsp;$4431886 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.90%, (3 mo. EURIBOR + 4.75%), 10/6/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2620 | &nbsp;&nbsp;&nbsp;&nbsp; 3017809 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.163%, (3 mo. USD Term SOFR + 4.50%), 10/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2057 | &nbsp;&nbsp;&nbsp;&nbsp; 1959959 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.663%, (3 mo. USD Term SOFR + 5.00%), 10/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774 | &nbsp;&nbsp;&nbsp;&nbsp; 741363 |
| First Brands Group LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;DIP Loan, 13.657%, (1 mo. USD Term SOFR + 10.00%), 6/29/26 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;852 | &nbsp;&nbsp;&nbsp;&nbsp; 210507 |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 3/30/27<sup>(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183 | &nbsp;&nbsp;&nbsp;&nbsp; 426 |
| Lippert Colipper, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/25/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3317 | &nbsp;&nbsp;&nbsp;&nbsp; 3320709 |
| RealTruck Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.517%, (3 mo. USD Term SOFR + 4.75%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4104 | &nbsp;&nbsp;&nbsp;&nbsp; 2393974 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.767%, (3 mo. USD Term SOFR + 6.00%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6983 | &nbsp;&nbsp;&nbsp;&nbsp; 4065561 |
| &nbsp;&nbsp;&nbsp;Term Loan, 1/31/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4152 | &nbsp;&nbsp;&nbsp;&nbsp; 4202905 |
|  |  |  | &nbsp;&nbsp;**$41734251** |
| Automobiles — 0.3% | Automobiles — 0.3% | Automobiles — 0.3% | Automobiles — 0.3% |
| Bombardier Recreational Products, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 1/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5823 | &nbsp;&nbsp;$5818365 |
| MajorDrive Holdings IV LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.961%, (3 mo. USD Term SOFR + 4.00%), 6/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4398 | &nbsp;&nbsp;&nbsp;&nbsp; 4208367 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.35%, (3 mo. USD Term SOFR + 5.50%), 6/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2086 | &nbsp;&nbsp;&nbsp;&nbsp; 1995686 |
|  |  |  | &nbsp;&nbsp;**$12022418** |
| Beverages — 0.1% | Beverages — 0.1% | Beverages — 0.1% | Beverages — 0.1% |
| City Brewing Co. LLC, Term Loan, 10.673%, (3 mo. USD Term SOFR + 7.00%), 9/30/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2391 | &nbsp;&nbsp;$358716 |
| Primo Brands Corp., Term Loan, 6.432%, (3 mo. USD Term SOFR + 2.75%), 3/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3650 | &nbsp;&nbsp;&nbsp;&nbsp; 3677229 |
|  |  |  | &nbsp;&nbsp;**$4035945** |
| Biotechnology — 0.6% | Biotechnology — 0.6% | Biotechnology — 0.6% | Biotechnology — 0.6% |
| Alkermes, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 8/12/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5225 | &nbsp;&nbsp;$5270745 |

---

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Biotechnology (continued) | Biotechnology (continued) | Biotechnology (continued) | Biotechnology (continued) |
| Alltech, Inc., Term Loan, 8.017%, (1 mo. USD Term SOFR + 4.25%), 8/13/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15090 | &nbsp;&nbsp;$15160751 |
| Grifols Worldwide Operations USA, Inc., Term Loan, 5.198%, (3 mo. EURIBOR + 3.00%), 4/14/33 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150 | &nbsp;&nbsp;&nbsp;&nbsp; 2539900 |
|  |  |  | &nbsp;&nbsp;**$22971396** |
| Broadline Retail — 0.5% | Broadline Retail — 0.5% | Broadline Retail — 0.5% | Broadline Retail — 0.5% |
| Peer Holding III BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.877%, (3 mo. EURIBOR + 2.75%), 11/26/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5725 | &nbsp;&nbsp;$6756537 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.877%, (3 mo. EURIBOR + 2.75%), 9/29/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175 | &nbsp;&nbsp;&nbsp;&nbsp; 1386892 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 10/28/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6076 | &nbsp;&nbsp;&nbsp;&nbsp; 6102136 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 7/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5277 | &nbsp;&nbsp;&nbsp;&nbsp; 5298499 |
|  |  |  | &nbsp;&nbsp;**$19544064** |
| Building Products — 0.3% | Building Products — 0.3% | Building Products — 0.3% | Building Products — 0.3% |
| Gibraltar Industries, Inc., Term Loan, 5.902% - 5.915%, (1 mo. USD Term SOFR + 2.25%), 2/2/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3854 | &nbsp;&nbsp;$3858664 |
| LBM Acquisition LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 6/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3653 | &nbsp;&nbsp;&nbsp;&nbsp; 3070510 |
| MI Windows & Doors LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/28/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3874 | &nbsp;&nbsp;&nbsp;&nbsp; 3816733 |
|  |  |  | &nbsp;&nbsp;**$10745907** |
| Capital Markets — 3.0% | Capital Markets — 3.0% | Capital Markets — 3.0% | Capital Markets — 3.0% |
| AllSpring Buyer LLC, Term Loan, 6.75%, (3 mo. USD Term SOFR + 3.00%), 11/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12899 | &nbsp;&nbsp;$12968442 |
| Apex Group Treasury LLC, Term Loan, 2/27/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3994 | &nbsp;&nbsp;&nbsp;&nbsp; 3764658 |
| Chicago U.S. Midco III LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11/1/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2177 | &nbsp;&nbsp;&nbsp;&nbsp; 2181622 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11/1/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323 | &nbsp;&nbsp;&nbsp;&nbsp; 324003 |
| Citco Funding LLC, Term Loan, 5.663%, (3 mo. USD Term SOFR + 2.00%), 1/30/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5212 | &nbsp;&nbsp;&nbsp;&nbsp; 5230570 |
| Edelman Financial Center LLC, Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 12/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12818 | &nbsp;&nbsp;&nbsp;&nbsp; 12849807 |
| EIG Management Co. LLC, Term Loan, 8.652%, (1 mo. USD Term SOFR + 5.00%), 5/17/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3562 | &nbsp;&nbsp;&nbsp;&nbsp; 3546450 |
| Focus Financial Partners LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10784 | &nbsp;&nbsp;&nbsp;&nbsp; 10715823 |
| Franklin Square Holdings LP, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 4/25/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2742 | &nbsp;&nbsp;&nbsp;&nbsp; 2550140 |
| Guggenheim Partners LLC, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13885 | &nbsp;&nbsp;&nbsp;&nbsp; 13936849 |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Capital Markets (continued) | Capital Markets (continued) | Capital Markets (continued) |
| HighTower Holdings LLC, Term Loan, 6.413%, (3 mo. USD Term SOFR + 2.75%), 2/3/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6246 | &nbsp;&nbsp;$6250381 |
| Jupiter Borrower, Inc., Term Loan, 3/25/33<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3015000 |
| Kestra Advisor Services Holdings A, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 3/22/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6376 | &nbsp;&nbsp;&nbsp;&nbsp; 6395738 |
| Mariner Wealth Advisors LLC , Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 12/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2488 | &nbsp;&nbsp;&nbsp;&nbsp; 2498644 |
| NEXUS Buyer LLC, Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 7/31/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4224 | &nbsp;&nbsp;&nbsp;&nbsp; 4149332 |
| Orion Advisor Solutions, Inc., Term Loan, 6.413%, (3 mo. USD Term SOFR + 2.75%), 9/24/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9869 | &nbsp;&nbsp;&nbsp;&nbsp; 9873447 |
| Orion U.S. Finco, Inc., Term Loan, 7.169%, (3 mo. USD Term SOFR + 3.50%), 10/8/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6625 | &nbsp;&nbsp;&nbsp;&nbsp; 6628114 |
|  |  | &nbsp;&nbsp;**$106879020** |
| Chemicals — 1.7% | Chemicals — 1.7% | Chemicals — 1.7% |
| Charter NEX U.S., Inc., Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%), 11/29/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15490 | &nbsp;&nbsp;$15511899 |
| Chemours Co., Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6359 | &nbsp;&nbsp;&nbsp;&nbsp; 6355883 |
| CP Iris HoldCo I, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 10/27/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7941 | &nbsp;&nbsp;&nbsp;&nbsp; 7862014 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10/27/32<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234 | &nbsp;&nbsp;&nbsp;&nbsp; 231236 |
| Discovery Purchaser Corp., Term Loan, 7.414%, (3 mo. USD Term SOFR + 3.75%), 10/4/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4359 | &nbsp;&nbsp;&nbsp;&nbsp; 4325110 |
| INEOS U.S. Finance LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 2/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8519 | &nbsp;&nbsp;&nbsp;&nbsp; 7954683 |
| Lonza Group AG, Term Loan, 7.725%, (3 mo. USD Term SOFR + 3.93%), 7/3/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp; 11637 |
| Minerals Technologies, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 11/26/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4740 | &nbsp;&nbsp;&nbsp;&nbsp; 4757775 |
| Olympus Water U.S. Holding Corp., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2950 | &nbsp;&nbsp;&nbsp;&nbsp; 2920734 |
| SCUR-Alpha 1503 GmbH, Term Loan, 9.163%, (3 mo. USD Term SOFR + 5.50%), 3/29/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4559 | &nbsp;&nbsp;&nbsp;&nbsp; 4027623 |
| W.R. Grace & Co.-Conn., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/19/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5522 | &nbsp;&nbsp;&nbsp;&nbsp; 5534896 |
|  |  | &nbsp;&nbsp;**$59493490** |
| Commercial Services & Supplies — 3.9% | Commercial Services & Supplies — 3.9% | Commercial Services & Supplies — 3.9% |
| Albion Financing 3 SARL, Term Loan, 6.664%, (3 mo. USD Term SOFR + 3.00%), 5/21/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11783 | &nbsp;&nbsp;$11855600 |
| Allied Universal Holdco LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 8/20/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16595 | &nbsp;&nbsp;&nbsp;&nbsp; 16661254 |

---

*20*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) |
| Anticimex International AB, Term Loan, 6.56%, (3 mo. USD Term SOFR + 2.90%), 11/17/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7479 | &nbsp;&nbsp;$7509921 |
| Belfor Holdings, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 11/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5683 | &nbsp;&nbsp;&nbsp;&nbsp; 5720467 |
| EnergySolutions LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 9/20/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13365 | &nbsp;&nbsp;&nbsp;&nbsp; 13435857 |
| Foundever Group: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.88%, (3 mo. EURIBOR + 3.75%), 8/28/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3925 | &nbsp;&nbsp;&nbsp;&nbsp; 2403089 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.711%, (3 mo. USD Term SOFR + 3.75%), 8/28/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11895 | &nbsp;&nbsp;&nbsp;&nbsp; 6958325 |
| Garda World Security Corp., Term Loan, 6.419%, (3 mo. USD Term SOFR + 2.75%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13277 | &nbsp;&nbsp;&nbsp;&nbsp; 13285794 |
| Gategroup Fin Luxembourg SA, Term Loan, 7.192%, (3 mo. USD Term SOFR + 3.50%), 6/10/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1985 | &nbsp;&nbsp;&nbsp;&nbsp; 1995784 |
| Geosyntec Consultants, Term Loan, 6.652% - 6.657%, (1 mo. USD Term SOFR + 3.00%), 7/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;945 | &nbsp;&nbsp;&nbsp;&nbsp; 950567 |
| GFL Environmental, Inc., Term Loan, 6.166%, (3 mo. USD Term SOFR + 2.50%), 3/3/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12998 | &nbsp;&nbsp;&nbsp;&nbsp; 13042763 |
| Heritage-Crystal Clean, Inc., Term Loan, 7.461%, (3 mo. USD Term SOFR + 3.75%), 10/17/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13722 | &nbsp;&nbsp;&nbsp;&nbsp; 13790157 |
| LSF12 Crown U.S. Commercial Bidco LLC, Term Loan, 6.665%, (1 mo. USD Term SOFR + 3.00%), 12/2/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18116 | &nbsp;&nbsp;&nbsp;&nbsp; 18240426 |
| Monitronics International, Inc., Term Loan, 11.414% - 11.461%, (1 mo. USD Term SOFR + 7.50%, 3 mo. USD Term SOFR + 7.50%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2209 | &nbsp;&nbsp;&nbsp;&nbsp; 2207327 |
| MV Holding GmbH, Term Loan, 4.01%, (1 mo. EURIBOR + 2.00%), 3/17/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1475 | &nbsp;&nbsp;&nbsp;&nbsp; 1746437 |
| Prime Security Services Borrower LLC, Term Loan, 5.657%, (1 mo. USD Term SOFR + 2.00%), 10/13/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4911 | &nbsp;&nbsp;&nbsp;&nbsp; 4921693 |
| Tidal Waste & Recycling Holdings LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6736 | &nbsp;&nbsp;&nbsp;&nbsp; 6759470 |
|  |  |  | &nbsp;&nbsp;**$141484931** |
| Construction Materials — 0.4% | Construction Materials — 0.4% | Construction Materials — 0.4% | Construction Materials — 0.4% |
| Quikrete Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/19/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8188 | &nbsp;&nbsp;$8205770 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 4/14/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 | &nbsp;&nbsp;&nbsp;&nbsp; 12214 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/10/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4439 | &nbsp;&nbsp;&nbsp;&nbsp; 4447997 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Construction Materials (continued) | Construction Materials (continued) | Construction Materials (continued) | Construction Materials (continued) |
| Smyrna Ready Mix Concrete LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 4/2/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1191 | &nbsp;&nbsp;$1193586 |
|  |  |  | &nbsp;&nbsp;**$13859567** |
| Consumer Staples Distribution & Retail — 0.6% | Consumer Staples Distribution & Retail — 0.6% | Consumer Staples Distribution & Retail — 0.6% | Consumer Staples Distribution & Retail — 0.6% |
| Boots Group Bidco Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.40%, (3 mo. EURIBOR + 3.25%), 8/30/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6075 | &nbsp;&nbsp;$7209171 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.924%, (3 mo. USD Term SOFR + 3.25%), 8/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13292 | &nbsp;&nbsp;&nbsp;&nbsp; 13385194 |
|  |  |  | &nbsp;&nbsp;**$20594365** |
| Containers & Packaging — 2.4% | Containers & Packaging — 2.4% | Containers & Packaging — 2.4% | Containers & Packaging — 2.4% |
| Altium Packaging LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 6/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4691 | &nbsp;&nbsp;$4585880 |
| Berlin Packaging LLC, Term Loan, 6.932% - 6.95%, (3 mo. USD Term SOFR + 3.25%), 6/7/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8812 | &nbsp;&nbsp;&nbsp;&nbsp; 8695028 |
| Clydesdale Acquisition Holdings, Inc., Term Loan, 6.827%, (1 mo. USD Term SOFR + 3.18%), 4/13/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15683 | &nbsp;&nbsp;&nbsp;&nbsp; 15005486 |
| Owens-Illinois, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 9/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6693 | &nbsp;&nbsp;&nbsp;&nbsp; 6617209 |
| Pelican Products, Inc., Term Loan, 12/29/28<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3550 | &nbsp;&nbsp;&nbsp;&nbsp; 3368897 |
| Pregis TopCo Corp., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9970 | &nbsp;&nbsp;&nbsp;&nbsp; 9983856 |
| Proampac PG Borrower LLC, Term Loan, 7.652% - 7.663%, (1 mo. USD Term SOFR + 4.00%, 3 mo. USD Term SOFR + 4.00%), 3/7/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15050 | &nbsp;&nbsp;&nbsp;&nbsp; 14737713 |
| Sword Purchaser LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 4/11/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16325 | &nbsp;&nbsp;&nbsp;&nbsp; 15876062 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/11/33<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2925 | &nbsp;&nbsp;&nbsp;&nbsp; 3380007 |
| Trivium Packaging BV, Term Loan, 5.92%, (3 mo. EURIBOR + 3.75%), 5/28/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;&nbsp;&nbsp; 5650616 |
|  |  |  | &nbsp;&nbsp;**$87900754** |
| Distributors — 0.2% | Distributors — 0.2% | Distributors — 0.2% | Distributors — 0.2% |
| Parts Europe SA, Term Loan, 4.92%, (3 mo. EURIBOR + 2.75%), 2/6/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5275 | &nbsp;&nbsp;$6248052 |
| Phillips Feed Service, Inc., Term Loan, 14.00%, (3 mo. USD Term SOFR + 10.00%), 11/13/26<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463 | &nbsp;&nbsp;&nbsp;&nbsp; 282936 |
| Rubix Group Midco 3 Ltd., Term Loan, 5.481%, (3 mo. EURIBOR + 3.50%), 9/30/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1753662 |
|  |  |  | &nbsp;&nbsp;**$8284650** |

---

*21*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Diversified Consumer Services — 1.2% | Diversified Consumer Services — 1.2% | Diversified Consumer Services — 1.2% | Diversified Consumer Services — 1.2% |
| Ascend Learning LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 12/11/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8564 | &nbsp;&nbsp;$8429307 |
| Fugue Finance BV, Term Loan, 5.921%, (3 mo. USD Term SOFR + 2.25%), 1/9/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14699 | &nbsp;&nbsp;&nbsp;&nbsp; 14672839 |
| Lernen Bidco Ltd., Term Loan, 7.41%, (6 mo. USD Term SOFR + 3.50%), 10/27/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4963 | &nbsp;&nbsp;&nbsp;&nbsp; 4863251 |
| Spring Education Group, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 10/4/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5431 | &nbsp;&nbsp;&nbsp;&nbsp; 5399877 |
| Wand NewCo 3, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9002 | &nbsp;&nbsp;&nbsp;&nbsp; 9025686 |
|  |  |  | &nbsp;&nbsp;**$42390960** |
| Diversified Telecommunication Services — 0.5% | Diversified Telecommunication Services — 0.5% | Diversified Telecommunication Services — 0.5% | Diversified Telecommunication Services — 0.5% |
| Altice France SA, Term Loan, 9.048%, (3 mo. USD Term SOFR + 5.38%), 5/14/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4862 | &nbsp;&nbsp;$4898054 |
| Level 3 Financing, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 3/29/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10851 | &nbsp;&nbsp;&nbsp;&nbsp; 10900953 |
| Virgin Media Bristol LLC, Term Loan, 6.967%, (6 mo. USD Term SOFR + 3.18%), 3/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2563 | &nbsp;&nbsp;&nbsp;&nbsp; 2404214 |
|  |  |  | &nbsp;&nbsp;**$18203221** |
| Electric Utilities — 0.4% | Electric Utilities — 0.4% | Electric Utilities — 0.4% | Electric Utilities — 0.4% |
| MRP Buyer LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.942% - 6.95%, (3 mo. USD Term SOFR + 3.25%), 6/4/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1603 | &nbsp;&nbsp;$1610694 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 6/4/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12567 | &nbsp;&nbsp;&nbsp;&nbsp; 12630196 |
|  |  |  | &nbsp;&nbsp;**$14240890** |
| Electrical Equipment — 1.0% | Electrical Equipment — 1.0% | Electrical Equipment — 1.0% | Electrical Equipment — 1.0% |
| Dynamo Newco II GmbH, Term Loan, 6.907%, (1 mo. USD Term SOFR + 3.25%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3078 | &nbsp;&nbsp;$2762775 |
| Finco Utilitas BV, Term Loan, 9/27/30<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4750 | &nbsp;&nbsp;&nbsp;&nbsp; 5592257 |
| Kohler Energy Co. LLC, Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 5/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14086 | &nbsp;&nbsp;&nbsp;&nbsp; 14132147 |
| Nvent Electric PLC, Term Loan, 6.665%, (1 mo. USD Term SOFR + 3.00%), 1/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2382 | &nbsp;&nbsp;&nbsp;&nbsp; 2390945 |
| SGB-SMIT Midco GmbH, Term Loan, 3/10/33<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4739597 |
| WEC U.S. Holdings Ltd., Term Loan, 5.665%, (1 mo. USD Term SOFR + 2.00%), 1/27/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5725 | &nbsp;&nbsp;&nbsp;&nbsp; 5744057 |
|  |  |  | &nbsp;&nbsp;**$35361778** |
| Electronic Equipment, Instruments & Components — 1.5% | Electronic Equipment, Instruments & Components — 1.5% | Electronic Equipment, Instruments & Components — 1.5% | Electronic Equipment, Instruments & Components — 1.5% |
| Chamberlain Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 9/8/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16548 | &nbsp;&nbsp;$16550025 |
| Creation Technologies, Inc., Term Loan, 9.436%, (3 mo. USD Term SOFR + 5.50%), 10/5/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12491 | &nbsp;&nbsp;&nbsp;&nbsp; 12420683 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Electronic Equipment, Instruments & Components (continued) | Electronic Equipment, Instruments & Components (continued) | Electronic Equipment, Instruments & Components (continued) | Electronic Equipment, Instruments & Components (continued) |
| Range Red Operating, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.761%, (3 mo. USD Term SOFR + 8.00%), 10/1/29<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3183 | &nbsp;&nbsp;$2546601 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 11.761%, (3 mo. USD Term SOFR + 8.00%), 10/1/29<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13353 | &nbsp;&nbsp;&nbsp;&nbsp; 10682618 |
| Sector Alarm Holding AS, Term Loan, 5.011%, (3 mo. EURIBOR + 3.00%), 6/14/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp; 441036 |
| Spectris PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.377%, (3 mo. EURIBOR + 3.25%), 12/6/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2175 | &nbsp;&nbsp;&nbsp;&nbsp; 2577309 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 12/6/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3541 | &nbsp;&nbsp;&nbsp;&nbsp; 3558848 |
| Verifone Systems, Inc., Term Loan, 9.175%, (3 mo. USD Term SOFR + 5.25%), 8/18/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6406 | &nbsp;&nbsp;&nbsp;&nbsp; 6092019 |
|  |  |  | &nbsp;&nbsp;**$54869139** |
| Energy Equipment & Services — 0.2% | Energy Equipment & Services — 0.2% | Energy Equipment & Services — 0.2% | Energy Equipment & Services — 0.2% |
| PG Investment Co. 59 SARL, Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 3/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8228 | &nbsp;&nbsp;$8280429 |
|  |  |  | &nbsp;&nbsp;**$8280429** |
| Engineering & Construction — 1.7% | Engineering & Construction — 1.7% | Engineering & Construction — 1.7% | Engineering & Construction — 1.7% |
| American Residential Services LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 2/2/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1208 | &nbsp;&nbsp;$1211402 |
| Artera Services LLC, Term Loan, 8.152%, (1 mo. USD Term SOFR + 4.50%), 2/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8499 | &nbsp;&nbsp;&nbsp;&nbsp; 7305751 |
| Azuria Water Solutions, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/25/33<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13279 | &nbsp;&nbsp;&nbsp;&nbsp; 13296011 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/25/33<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1771 | &nbsp;&nbsp;&nbsp;&nbsp; 1772802 |
| Brand Industrial Services, Inc., Term Loan, 8/1/30<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 3920175 |
| Construction Partners, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 11/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4765 | &nbsp;&nbsp;&nbsp;&nbsp; 4800423 |
| Green Infrastructure Partners, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 9/24/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7975 | &nbsp;&nbsp;&nbsp;&nbsp; 8004906 |
| New Arclin U.S. Holding Corp., Term Loan, 8.165%, (1 mo. USD Term SOFR + 4.50%), 4/1/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3725 | &nbsp;&nbsp;&nbsp;&nbsp; 3501500 |
| Northstar Group Services, Inc., Term Loan, 8.413%, (3 mo. USD Term SOFR + 4.75%), 5/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13698 | &nbsp;&nbsp;&nbsp;&nbsp; 13783234 |
| Salas O'Brien, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 1/31/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2635 | &nbsp;&nbsp;&nbsp;&nbsp; 2648175 |
| &nbsp;&nbsp;&nbsp;Term Loan, 1/31/33<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 341700 |
|  |  |  | &nbsp;&nbsp;**$60586079** |

---

*22*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Entertainment — 2.4% | Entertainment — 2.4% | Entertainment — 2.4% | Entertainment — 2.4% |
| Creative Artists Agency LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 10/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9618 | &nbsp;&nbsp;$9657019 |
| Electronic Arts, Inc., Term Loan, 3/24/33<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12125 | &nbsp;&nbsp;&nbsp;&nbsp; 12143188 |
| EOC Borrower LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/24/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28356 | &nbsp;&nbsp;&nbsp;&nbsp; 28508125 |
| Motogp Sports Entertainment Group SL, Term Loan, 4.874%, (6 mo. EURIBOR + 2.75%), 8/18/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1850 | &nbsp;&nbsp;&nbsp;&nbsp; 2187819 |
| Playtika Holding Corp., Term Loan, 6.517%, (1 mo. USD Term SOFR + 2.75%), 3/13/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5755 | &nbsp;&nbsp;&nbsp;&nbsp; 5548118 |
| Pretzel Parent, Inc., Term Loan, 8.152%, (1 mo. USD Term SOFR + 4.50%), 10/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5786 | &nbsp;&nbsp;&nbsp;&nbsp; 5405957 |
| TKO Worldwide Holdings LLC, Term Loan, 5.664%, (3 mo. USD Term SOFR + 2.00%), 11/21/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14584 | &nbsp;&nbsp;&nbsp;&nbsp; 14639365 |
| Varsity Brands, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 8/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7417 | &nbsp;&nbsp;&nbsp;&nbsp; 7414612 |
|  |  |  | &nbsp;&nbsp;**$85504203** |
| Financial Services — 1.3% | Financial Services — 1.3% | Financial Services — 1.3% | Financial Services — 1.3% |
| CPI Holdco B LLC, Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 5/19/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8155 | &nbsp;&nbsp;$8163094 |
| NCR Atleos LLC, Term Loan, 6.686%, (3 mo. USD Term SOFR + 3.00%), 4/16/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7102 | &nbsp;&nbsp;&nbsp;&nbsp; 7109023 |
| Nuvei Technologies Corp., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 11/17/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp; 983923 |
| Planet U.S. Buyer LLC, Term Loan, 6.673%, (3 mo. USD Term SOFR + 3.00%), 2/7/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8850 | &nbsp;&nbsp;&nbsp;&nbsp; 8898314 |
| Shift4 Payments LLC, Term Loan, 5.674%, (3 mo. USD Term SOFR + 2.00%), 7/3/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2269 | &nbsp;&nbsp;&nbsp;&nbsp; 2281136 |
| Synechron, Inc., Term Loan, 7.45%, (3 mo. USD Term SOFR + 3.75%), 10/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9341 | &nbsp;&nbsp;&nbsp;&nbsp; 8632578 |
| TMF Group Holding BV, Term Loan, 6.427% - 6.429%, (3 mo. USD Term SOFR + 2.75%), 5/3/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6373 | &nbsp;&nbsp;&nbsp;&nbsp; 6399234 |
| Walker & Dunlop, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 3/14/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5183 | &nbsp;&nbsp;&nbsp;&nbsp; 5195456 |
|  |  |  | &nbsp;&nbsp;**$47662758** |
| Food Products — 1.5% | Food Products — 1.5% | Food Products — 1.5% | Food Products — 1.5% |
| Del Monte Foods, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 8/2/28<sup>(5)(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 8/2/28<sup>(5)(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776 | &nbsp;&nbsp;&nbsp;&nbsp; 471135 |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.265%, (1 mo. USD Term SOFR + 9.50%), 6/1/26<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2757 | &nbsp;&nbsp;&nbsp;&nbsp; 1673678 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 0.00%, 8/2/28<sup>(5)(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6167 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Froneri Lux Finco SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.877%, (6 mo. USD Term SOFR + 2.25%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4596 | &nbsp;&nbsp;&nbsp;&nbsp; 4569545 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Food Products (continued) | Food Products (continued) | Food Products (continued) | Food Products (continued) |
| Froneri Lux Finco SARL: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.877%, (6 mo. USD Term SOFR + 2.25%), 9/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7132 | &nbsp;&nbsp;$7093861 |
| Golden State Food LLC, Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 12/4/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6569 | &nbsp;&nbsp;&nbsp;&nbsp; 6607651 |
| Newly Weds Foods, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/15/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9230 | &nbsp;&nbsp;&nbsp;&nbsp; 9250464 |
| Nomad Foods Europe Midco Ltd., Term Loan, 6.276%, (6 mo. USD Term SOFR + 2.50%), 10/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7794 | &nbsp;&nbsp;&nbsp;&nbsp; 7608744 |
| PFI Lower Midco LLC, Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 12/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5461 | &nbsp;&nbsp;&nbsp;&nbsp; 5505713 |
| Treehouse Foods, Inc., Term Loan, 7.902%, (1 mo. USD Term SOFR + 4.25%), 2/11/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7925 | &nbsp;&nbsp;&nbsp;&nbsp; 8000565 |
| Valeo F1 Co. Ltd. (Ireland), Term Loan, 8.727%, (1 day GBP SONIA + 5.00%), 9/30/31 | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 3314718 |
|  |  |  | &nbsp;&nbsp;**$54096074** |
| Gas Utilities — 0.0%<sup>†</sup> | Gas Utilities — 0.0%<sup>†</sup> | Gas Utilities — 0.0%<sup>†</sup> | Gas Utilities — 0.0%<sup>†</sup> |
| Stonepeak Bayou Holdings LP, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;$742500 |
|  |  |  | &nbsp;&nbsp;**$742500** |
| Ground Transportation — 0.2% | Ground Transportation — 0.2% | Ground Transportation — 0.2% | Ground Transportation — 0.2% |
| Student Transportation of America Holdings, Inc., Term Loan, 6.424%, (3 mo. USD Term SOFR + 2.75%), 6/24/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7518 | &nbsp;&nbsp;$7580947 |
|  |  |  | &nbsp;&nbsp;**$7580947** |
| Health Care Equipment & Supplies — 1.0% | Health Care Equipment & Supplies — 1.0% | Health Care Equipment & Supplies — 1.0% | Health Care Equipment & Supplies — 1.0% |
| Bausch & Lomb Corp., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 1/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17126 | &nbsp;&nbsp;$17246378 |
| Hologic, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.825%, (3 mo. EURIBOR + 2.75%), 4/7/33 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1351998 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.924%, (3 mo. USD Term SOFR + 2.25%), 4/7/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12300 | &nbsp;&nbsp;&nbsp;&nbsp; 12246249 |
| Journey Personal Care Corp., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 3/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6384 | &nbsp;&nbsp;&nbsp;&nbsp; 6287904 |
|  |  |  | &nbsp;&nbsp;**$37132529** |
| Health Care Providers & Services — 5.8% | Health Care Providers & Services — 5.8% | Health Care Providers & Services — 5.8% | Health Care Providers & Services — 5.8% |
| AEA International Holdings (Lux) SARL, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 9/7/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7431 | &nbsp;&nbsp;$7430572 |
| Cano Health LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.509% - 11.743%, (3 mo. USD Term SOFR + 8.00%), 6/28/29<sup>(5)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423 | &nbsp;&nbsp;&nbsp;&nbsp; 423080 |

---

*23*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) |
| Cano Health LLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.70%, (3 mo. USD Term SOFR + 10.00%), 6/28/29<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1635 | &nbsp;&nbsp;$0 |
| CHG Healthcare Services, Inc., Term Loan, 9/29/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 673312 |
| CNT Holdings I Corp., Term Loan, 6.163%, (3 mo. USD Term SOFR + 2.50%), 11/8/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9975 | &nbsp;&nbsp;&nbsp;&nbsp; 10023738 |
| Concentra Health Services, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 7/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3481 | &nbsp;&nbsp;&nbsp;&nbsp; 3502068 |
| Ensemble RCM LLC, Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/9/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8850 | &nbsp;&nbsp;&nbsp;&nbsp; 8802298 |
| ExamWorks BidCo, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/6/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4695 | &nbsp;&nbsp;&nbsp;&nbsp; 4717447 |
| Global Medical Response, Inc., Term Loan, 7.157%, (1 mo. USD Term SOFR + 3.50%), 10/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10602 | &nbsp;&nbsp;&nbsp;&nbsp; 10654668 |
| Hanger, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/23/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9237 | &nbsp;&nbsp;&nbsp;&nbsp; 9304874 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/23/31<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1197 | &nbsp;&nbsp;&nbsp;&nbsp; 1205676 |
| Heartland Dental LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 8/25/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11290 | &nbsp;&nbsp;&nbsp;&nbsp; 11312323 |
| IVC Acquisition Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.121%, (3 mo. EURIBOR + 4.00%), 12/12/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | &nbsp;&nbsp;&nbsp;&nbsp; 4830466 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.45%, (3 mo. USD Term SOFR + 3.75%), 12/12/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5762 | &nbsp;&nbsp;&nbsp;&nbsp; 5767072 |
| MDVIP, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 10/14/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5506 | &nbsp;&nbsp;&nbsp;&nbsp; 5522310 |
| MED ParentCo LP, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 4/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9459 | &nbsp;&nbsp;&nbsp;&nbsp; 9493367 |
| Medical Solutions Holdings, Inc., Term Loan - Second Lien, 10.763%, (3 mo. USD Term SOFR + 7.00%), 11/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp;&nbsp;&nbsp; 826500 |
| Mehilainen Yhtiot OYJ, Term Loan, 5.527%, (3 mo. EURIBOR + 3.40%), 8/5/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9925 | &nbsp;&nbsp;&nbsp;&nbsp; 11759891 |
| Midwest Physician Administrative Services LLC, Term Loan, 6.961%, (3 mo. USD Term SOFR + 3.00%), 3/12/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5428 | &nbsp;&nbsp;&nbsp;&nbsp; 4804177 |
| National Mentor Holdings, Inc., Term Loan, 9.652%, (1 mo. USD Term SOFR + 6.00%), 12/12/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21689 | &nbsp;&nbsp;&nbsp;&nbsp; 21813078 |
| Pacific Dental Services LLC, Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%), 3/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11295 | &nbsp;&nbsp;&nbsp;&nbsp; 11335835 |
| Phoenix Guarantor, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/21/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16556 | &nbsp;&nbsp;&nbsp;&nbsp; 16631608 |
| Radiology Partners, Inc., Term Loan, 6/30/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 3647978 |
| Radnet Management, Inc., Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 4/18/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6607 | &nbsp;&nbsp;&nbsp;&nbsp; 6633749 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) |
| Raven Acquisition Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/19/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7654 | &nbsp;&nbsp;$7618863 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11/19/31<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;552 | &nbsp;&nbsp;&nbsp;&nbsp; 549701 |
| Reverb Buyer, Inc., Term Loan, 7.263%, (3 mo. USD Term SOFR + 3.50%), 11/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11176 | &nbsp;&nbsp;&nbsp;&nbsp; 8046890 |
| Select Medical Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 12/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8641 | &nbsp;&nbsp;&nbsp;&nbsp; 8635268 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/31/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6775 | &nbsp;&nbsp;&nbsp;&nbsp; 6808875 |
| Synlab Bondco PLC, Term Loan, 5.415%, (3 mo. EURIBOR + 3.25%), 4/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2125 | &nbsp;&nbsp;&nbsp;&nbsp; 2486037 |
| U.S. Anesthesia Partners, Inc., Term Loan, 7.779%, (1 mo. USD Term SOFR + 4.00%), 10/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4890 | &nbsp;&nbsp;&nbsp;&nbsp; 4905314 |
|  |  |  | &nbsp;&nbsp;**$210167035** |
| Health Care Technology — 1.4% | Health Care Technology — 1.4% | Health Care Technology — 1.4% | Health Care Technology — 1.4% |
| athenahealth Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 2/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16300 | &nbsp;&nbsp;$16262459 |
| Cotiviti Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.415%, (1 mo. USD Term SOFR + 2.75%), 5/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10612 | &nbsp;&nbsp;&nbsp;&nbsp; 9776725 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 6.415%, (1 mo. USD Term SOFR + 2.75%), 3/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2985 | &nbsp;&nbsp;&nbsp;&nbsp; 2749359 |
| Imprivata, Inc., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 12/1/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp; 939 |
| PointClickCare Technologies, Inc., Term Loan, 6.413%, (3 mo. USD Term SOFR + 2.75%), 11/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9461 | &nbsp;&nbsp;&nbsp;&nbsp; 9473168 |
| Project Ruby Ultimate Parent Corp., Term Loan, 6.517%, (1 mo. USD Term SOFR + 2.75%), 3/10/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11287 | &nbsp;&nbsp;&nbsp;&nbsp; 11296948 |
| Waystar Technologies, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 10/22/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1686 | &nbsp;&nbsp;&nbsp;&nbsp; 1690125 |
|  |  |  | &nbsp;&nbsp;**$51249723** |
| Hotels, Restaurants & Leisure — 3.7% | Hotels, Restaurants & Leisure — 3.7% | Hotels, Restaurants & Leisure — 3.7% | Hotels, Restaurants & Leisure — 3.7% |
| Betclic Everest Group: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.541%, (2 mo. EURIBOR + 2.50%), 12/10/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4250 | &nbsp;&nbsp;$4991129 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/10/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3425 | &nbsp;&nbsp;&nbsp;&nbsp; 4030161 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/10/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5975 | &nbsp;&nbsp;&nbsp;&nbsp; 6012344 |
| Caesars Entertainment, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7683 | &nbsp;&nbsp;&nbsp;&nbsp; 7459862 |
| Delivery Hero SE, Term Loan, 8.639%, (3 mo. USD Term SOFR + 5.00%), 12/12/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11421 | &nbsp;&nbsp;&nbsp;&nbsp; 11392313 |
| Fertitta Entertainment LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/27/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5907 | &nbsp;&nbsp;&nbsp;&nbsp; 5866297 |

---

*24*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hotels, Restaurants & Leisure (continued) | Hotels, Restaurants & Leisure (continued) | Hotels, Restaurants & Leisure (continued) | Hotels, Restaurants & Leisure (continued) |
| Flugo BidCo AB, Term Loan, 5.877%, (3 mo. EURIBOR + 3.75%), 11/2/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7794 | &nbsp;&nbsp;$8639780 |
| Flutter Financing BV, Term Loan, 5.45%, (3 mo. USD Term SOFR + 1.75%), 11/30/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8497 | &nbsp;&nbsp;&nbsp;&nbsp; 8485974 |
| GVC Holdings (Gibraltar) Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.635%, (3 mo. EURIBOR + 3.50%), 6/30/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4022 | &nbsp;&nbsp;&nbsp;&nbsp; 4772295 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.951%, (3 mo. USD Term SOFR + 2.25%), 7/31/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2065 | &nbsp;&nbsp;&nbsp;&nbsp; 2068125 |
| Herschend Entertainment Co. LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/27/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4863 | &nbsp;&nbsp;&nbsp;&nbsp; 4890217 |
| Horizon U.S. Finco LP, Term Loan, 8.413%, (3 mo. USD Term SOFR + 4.75%), 10/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9576 | &nbsp;&nbsp;&nbsp;&nbsp; 8917760 |
| IRB Holding Corp., Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 12/16/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10793 | &nbsp;&nbsp;&nbsp;&nbsp; 10833685 |
| Ontario Gaming GTA LP, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 8/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6909 | &nbsp;&nbsp;&nbsp;&nbsp; 6571466 |
| Scientific Games Holdings LP, Term Loan, 6.674%, (3 mo. USD Term SOFR + 3.00%), 4/4/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3970 | &nbsp;&nbsp;&nbsp;&nbsp; 3914355 |
| SeaWorld Parks & Entertainment, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 12/4/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9488 | &nbsp;&nbsp;&nbsp;&nbsp; 9405106 |
| Turquoise Topco Ltd., Term Loan, 6.951%, (3 mo. USD Term SOFR + 3.25%), 12/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11275 | &nbsp;&nbsp;&nbsp;&nbsp; 11091781 |
| Voyager Parent LLC, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 7/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13015 | &nbsp;&nbsp;&nbsp;&nbsp; 13035139 |
|  |  |  | &nbsp;&nbsp;**$132377789** |
| Household Durables — 1.5% | Household Durables — 1.5% | Household Durables — 1.5% | Household Durables — 1.5% |
| Libbey Glass, Inc., Term Loan, 10.32%, (3 mo. USD Term SOFR + 6.50%), 11/22/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13886 | &nbsp;&nbsp;$11270979 |
| Madison Safety & Flow LLC, Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 9/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1538 | &nbsp;&nbsp;&nbsp;&nbsp; 1543134 |
| PHRG Intermediate LLC, Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 2/20/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8933 | &nbsp;&nbsp;&nbsp;&nbsp; 8904631 |
| Serta Simmons Bedding LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.287%, (3 mo. USD Term SOFR + 7.50%), 6/29/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2129 | &nbsp;&nbsp;&nbsp;&nbsp; 2131471 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.314%, (3 mo. USD Term SOFR + 7.50%), 6/29/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19609 | &nbsp;&nbsp;&nbsp;&nbsp; 18451968 |
| Somnigroup International, Inc., Term Loan, 5.90%, (1 mo. USD Term SOFR + 2.25%), 10/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11849 | &nbsp;&nbsp;&nbsp;&nbsp; 11917897 |
|  |  |  | &nbsp;&nbsp;**$54220080** |
| Independent Power and Renewable Electricity Producers — 0.4% | Independent Power and Renewable Electricity Producers — 0.4% | Independent Power and Renewable Electricity Producers — 0.4% | Independent Power and Renewable Electricity Producers — 0.4% |
| Cogentrix Finance Holdco I LLC, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1989 | &nbsp;&nbsp;$1999868 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Independent Power and Renewable Electricity Producers (continued) | Independent Power and Renewable Electricity Producers (continued) | Independent Power and Renewable Electricity Producers (continued) | Independent Power and Renewable Electricity Producers (continued) |
| Invenergy Thermal Operating I LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.38%, (3 mo. USD Term SOFR + 2.75%), 5/17/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10535 | &nbsp;&nbsp;$10634258 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.38%, (3 mo. USD Term SOFR + 2.75%), 5/17/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685 | &nbsp;&nbsp;&nbsp;&nbsp; 691650 |
| Talen Energy Supply LLC, Term Loan, 6.153%, (3 mo. USD Term SOFR + 2.50%), 12/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1489 | &nbsp;&nbsp;&nbsp;&nbsp; 1496003 |
|  |  |  | &nbsp;&nbsp;**$14821779** |
| Industrial Conglomerates — 0.2% | Industrial Conglomerates — 0.2% | Industrial Conglomerates — 0.2% | Industrial Conglomerates — 0.2% |
| Ammeraal Beltech Holding BV, Term Loan, 7.127%, (3 mo. EURIBOR + 5.00%), 12/30/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4198 | &nbsp;&nbsp;$4256161 |
| Bettcher Industries, Inc., Term Loan, 7.68%, (U.S. (Fed) Prime Rate + 4.00%), 4/15/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3526250 |
|  |  |  | &nbsp;&nbsp;**$7782411** |
| Insurance — 3.9% | Insurance — 3.9% | Insurance — 3.9% | Insurance — 3.9% |
| Acrisure LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/6/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18898 | &nbsp;&nbsp;$18647338 |
| Alera Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 5/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11037 | &nbsp;&nbsp;&nbsp;&nbsp; 10931690 |
| Alliant Holdings Intermediate LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/19/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13478 | &nbsp;&nbsp;&nbsp;&nbsp; 13471350 |
| AmWINS Group, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 1/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2208 | &nbsp;&nbsp;&nbsp;&nbsp; 2208768 |
| Broadstreet Partners, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 6/13/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24120 | &nbsp;&nbsp;&nbsp;&nbsp; 23996426 |
| HUB International Ltd., Term Loan, 5.922%, (3 mo. USD Term SOFR + 2.25%), 6/20/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19524 | &nbsp;&nbsp;&nbsp;&nbsp; 19593390 |
| IMA Financial Group, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8938 | &nbsp;&nbsp;&nbsp;&nbsp; 8941038 |
| Jones DesLauriers Insurance Management, Inc., Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/2/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4775 | &nbsp;&nbsp;&nbsp;&nbsp; 4721281 |
| Siaci Saint Honore, Term Loan, 5.377%, (3 mo. EURIBOR + 3.25%), 7/26/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9125 | &nbsp;&nbsp;&nbsp;&nbsp; 10760584 |
| Trucordia Insurance Holdings LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 6/17/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11056 | &nbsp;&nbsp;&nbsp;&nbsp; 10585739 |
| Truist Insurance Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 5/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2988 | &nbsp;&nbsp;&nbsp;&nbsp; 2972964 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 8.45%, (3 mo. USD Term SOFR + 4.75%), 5/6/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1842 | &nbsp;&nbsp;&nbsp;&nbsp; 1828290 |
| USI, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 11/21/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3399 | &nbsp;&nbsp;&nbsp;&nbsp; 3407091 |

---

*25*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insurance (continued) | Insurance (continued) | Insurance (continued) | Insurance (continued) |
| USI, Inc.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 9/29/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7343 | &nbsp;&nbsp;$7359918 |
|  |  |  | &nbsp;&nbsp;**$139425867** |
| Interactive Media & Services — 0.4% | Interactive Media & Services — 0.4% | Interactive Media & Services — 0.4% | Interactive Media & Services — 0.4% |
| Aragorn Parent Corp., Term Loan, 7.163%, (3 mo. USD Term SOFR + 3.50%), 12/15/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5561 | &nbsp;&nbsp;$5591163 |
| Arches Buyer, Inc., Term Loan, 12/6/27<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 5500688 |
| Foundational Education Group, Inc., Term Loan, 7.675%, (3 mo. USD Term SOFR + 3.75%), 8/31/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5005 | &nbsp;&nbsp;&nbsp;&nbsp; 4621528 |
|  |  |  | &nbsp;&nbsp;**$15713379** |
| IT Services — 2.3% | IT Services — 2.3% | IT Services — 2.3% | IT Services — 2.3% |
| Ahead DB Holdings LLC, Term Loan, 2/3/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;$3674563 |
| Asurion LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.413%, (3 mo. USD Term SOFR + 3.75%), 2/23/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15792 | &nbsp;&nbsp;&nbsp;&nbsp; 15563666 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.017%, (1 mo. USD Term SOFR + 5.25%), 1/20/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932 | &nbsp;&nbsp;&nbsp;&nbsp; 936611 |
| Aurora Lux Finco SARL, Term Loan, 8.95%, (3 mo. USD Term SOFR + 5.25%), 10/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8259 | &nbsp;&nbsp;&nbsp;&nbsp; 7428208 |
| Gainwell Acquisition Corp., Term Loan, 7.80%, (3 mo. USD Term SOFR + 4.00%), 10/1/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11865 | &nbsp;&nbsp;&nbsp;&nbsp; 11684367 |
| Indy U.S. Bidco LLC, Term Loan, 4.76%, (1 mo. EURIBOR + 2.75%), 10/31/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp; 3061757 |
| NAB Holdings LLC, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/23/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6549 | &nbsp;&nbsp;&nbsp;&nbsp; 6135565 |
| Newfold Digital Holdings Group, Inc., Term Loan, 7.26%, (1 mo. USD Term SOFR + 3.50%), 4/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3398 | &nbsp;&nbsp;&nbsp;&nbsp; 2338776 |
| Nielsen Consumer, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 10/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2035 | &nbsp;&nbsp;&nbsp;&nbsp; 2036178 |
| Plano HoldCo, Inc., Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 10/2/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1895 | &nbsp;&nbsp;&nbsp;&nbsp; 1543017 |
| Sedgwick Claims Management Services, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 7/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21547 | &nbsp;&nbsp;&nbsp;&nbsp; 21420141 |
| Trio Bidco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 10/29/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3348 | &nbsp;&nbsp;&nbsp;&nbsp; 3269519 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10/29/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352 | &nbsp;&nbsp;&nbsp;&nbsp; 344160 |
| Virtusa Corp., Term Loan, 2/15/29<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | &nbsp;&nbsp;&nbsp;&nbsp; 2498621 |
|  |  |  | &nbsp;&nbsp;**$81935149** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Leisure Products — 0.9% | Leisure Products — 0.9% | Leisure Products — 0.9% | Leisure Products — 0.9% |
| GSM Holdings, Inc., Term Loan, 8.70%, (3 mo. USD Term SOFR + 5.00%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6673 | &nbsp;&nbsp;$6666068 |
| Hayward Industries, Inc., Term Loan, 6.267%, (1 mo. USD Term SOFR + 2.50%), 5/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5551 | &nbsp;&nbsp;&nbsp;&nbsp; 5583179 |
| Recess Holdings, Inc., Term Loan, 7.417%, (3 mo. USD Term SOFR + 3.75%), 2/20/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19610 | &nbsp;&nbsp;&nbsp;&nbsp; 19723143 |
|  |  |  | &nbsp;&nbsp;**$31972390** |
| Life Sciences Tools & Services — 0.8% | Life Sciences Tools & Services — 0.8% | Life Sciences Tools & Services — 0.8% | Life Sciences Tools & Services — 0.8% |
| Loire Finco Luxembourg SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.761%, (3 mo. EURIBOR + 3.75%), 1/21/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5775 | &nbsp;&nbsp;$6812326 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 1/21/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1097 | &nbsp;&nbsp;&nbsp;&nbsp; 1100359 |
| Normec 1 BV, Term Loan, 5.26%, (1 mo. EURIBOR + 3.25%), 4/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1186126 |
| Sotera Health Holdings LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12533 | &nbsp;&nbsp;&nbsp;&nbsp; 12598466 |
| Star Parent, Inc., Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 9/27/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7300 | &nbsp;&nbsp;&nbsp;&nbsp; 7311424 |
|  |  |  | &nbsp;&nbsp;**$29008701** |
| Machinery — 5.8% | Machinery — 5.8% | Machinery — 5.8% | Machinery — 5.8% |
| AAG U.S. GSI Bidco, Inc., Term Loan, 8.70%, (3 mo. USD Term SOFR + 5.00%), 10/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6686 | &nbsp;&nbsp;$6719840 |
| AI Aqua Merger Sub, Inc., Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%, 3 mo. USD Term SOFR + 2.50%), 7/31/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23119 | &nbsp;&nbsp;&nbsp;&nbsp; 23203728 |
| Apex Tool Group LLC, Term Loan, 9.652%, (1 mo. USD Term SOFR + 6.00%), 2/8/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;&nbsp; 85135 |
| Astro Acquisition LLC, Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 8/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5486 | &nbsp;&nbsp;&nbsp;&nbsp; 5534255 |
| Barnes Group, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/27/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6788 | &nbsp;&nbsp;&nbsp;&nbsp; 6797759 |
| BCP V Modular Services Holdings IV Ltd., Term Loan, 6.552%, (3 mo. EURIBOR + 4.43%), 7/10/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2825 | &nbsp;&nbsp;&nbsp;&nbsp; 3034434 |
| BG MS U.S. Holding LLC, Term Loan, 8.45%, (3 mo. USD Term SOFR + 4.75%), 10/22/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7200 | &nbsp;&nbsp;&nbsp;&nbsp; 7164000 |
| Cleanova U.S. Holdings LLC, Term Loan, 8.425%, (3 mo. USD Term SOFR + 4.75%), 6/14/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9043 | &nbsp;&nbsp;&nbsp;&nbsp; 8952302 |
| Columbus McKinnon Corp., Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 2/3/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6093 | &nbsp;&nbsp;&nbsp;&nbsp; 6110659 |
| Conair Holdings LLC, Term Loan, 7.517%, (1 mo. USD Term SOFR + 3.75%), 5/17/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12801 | &nbsp;&nbsp;&nbsp;&nbsp; 9064643 |
| CoorsTek, Inc., Term Loan, 6.67%, (3 mo. USD Term SOFR + 3.00%), 10/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5810 | &nbsp;&nbsp;&nbsp;&nbsp; 5862470 |

---

*26*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Machinery (continued) | Machinery (continued) | Machinery (continued) | Machinery (continued) |
| CPM Holdings, Inc., Term Loan, 8.165%, (1 mo. USD Term SOFR + 4.50%), 9/28/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6104 | &nbsp;&nbsp;$6117512 |
| Cube Industrials Buyer, Inc., Term Loan, 6.669%, (3 mo. USD Term SOFR + 3.00%), 10/17/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3789 | &nbsp;&nbsp;&nbsp;&nbsp; 3808273 |
| Delachaux Group SA, Term Loan, 5.40%, (3 mo. EURIBOR + 3.25%), 4/16/29 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3886 | &nbsp;&nbsp;&nbsp;&nbsp; 4616242 |
| EMRLD Borrower LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 5/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4399 | &nbsp;&nbsp;&nbsp;&nbsp; 4409236 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 8/4/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4876 | &nbsp;&nbsp;&nbsp;&nbsp; 4888216 |
| Engineered Machinery Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.627%, (3 mo. EURIBOR + 3.50%), 11/26/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10440 | &nbsp;&nbsp;&nbsp;&nbsp; 12360177 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 11/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10134 | &nbsp;&nbsp;&nbsp;&nbsp; 10214057 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.961%, (3 mo. USD Term SOFR + 6.00%), 5/21/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2008760 |
| Icebox Holdco III, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 12/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2785 | &nbsp;&nbsp;&nbsp;&nbsp; 2800847 |
| INNIO Group Holding GmbH, Term Loan, 4.52%, (3 mo. EURIBOR + 2.50%), 11/2/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2222 | &nbsp;&nbsp;&nbsp;&nbsp; 2627465 |
| Jennmar Inter III LLC, Term Loan, 8.668%, (1 mo. USD Term SOFR + 5.00%), 12/16/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5431 | &nbsp;&nbsp;&nbsp;&nbsp; 5390516 |
| LSF12 Helix Parent LLC, Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 2/10/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11875 | &nbsp;&nbsp;&nbsp;&nbsp; 11895841 |
| Resilience Parent LLC, Term Loan, 6.126%, (6 mo. USD Term SOFR + 2.50%), 2/28/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13325 | &nbsp;&nbsp;&nbsp;&nbsp; 13371637 |
| Roper Industrial Products Investment Co. LLC, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/22/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9801 | &nbsp;&nbsp;&nbsp;&nbsp; 9841651 |
| TK Elevator Midco GmbH: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.149%, (3 mo. EURIBOR + 3.00%), 4/30/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6550 | &nbsp;&nbsp;&nbsp;&nbsp; 7725151 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.377%, (6 mo. USD Term SOFR + 2.75%), 4/30/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25683 | &nbsp;&nbsp;&nbsp;&nbsp; 25930895 |
|  |  |  | &nbsp;&nbsp;**$210535701** |
| Media — 1.2% | Media — 1.2% | Media — 1.2% | Media — 1.2% |
| ABG Intermediate Holdings 2 LLC, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/13/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5717 | &nbsp;&nbsp;$5733315 |
| Charter Communications Operating LLC, Term Loan, 5.942%, (3 mo. USD Term SOFR + 2.25%), 12/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5209 | &nbsp;&nbsp;&nbsp;&nbsp; 5212058 |
| DirecTV Financing LLC, Term Loan, 2/17/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 3712377 |
| Emerald X, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2059 | &nbsp;&nbsp;&nbsp;&nbsp; 2067160 |
| Fleet Midco I Ltd., Term Loan, 6.419%, (3 mo. USD Term SOFR + 2.75%), 2/21/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8098 | &nbsp;&nbsp;&nbsp;&nbsp; 8158847 |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Media (continued) | Media (continued) | Media (continued) |
| Gray Television, Inc., Term Loan, 6.779%, (1 mo. USD Term SOFR + 3.00%), 12/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544 | &nbsp;&nbsp;$546288 |
| Nexstar Broadcasting, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/18/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11025 | &nbsp;&nbsp;&nbsp;&nbsp; 11031064 |
| Univision Communications, Inc., Term Loan, 1/31/29<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3990 | &nbsp;&nbsp;&nbsp;&nbsp; 3970868 |
| WH Borrower LLC, Term Loan, 2/20/32<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4050 | &nbsp;&nbsp;&nbsp;&nbsp; 4060773 |
|  |  | &nbsp;&nbsp;**$44492750** |
| Metals/Mining — 0.7% | Metals/Mining — 0.7% | Metals/Mining — 0.7% |
| American Consolidated Natural Resources, Inc., Term Loan - Second Lien, 13.00%, 12/11/29<sup>(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3941 | &nbsp;&nbsp;$3973345 |
| Arsenal AIC Parent LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 8/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10251 | &nbsp;&nbsp;&nbsp;&nbsp; 10302692 |
| Wireco Worldgroup, Inc., Term Loan, 7.414%, (3 mo. USD Term SOFR + 3.75%), 11/13/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5669 | &nbsp;&nbsp;&nbsp;&nbsp; 5667602 |
| Zekelman Industries, Inc., Term Loan, 5.908%, (1 mo. USD Term SOFR + 2.25%), 1/24/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5211 | &nbsp;&nbsp;&nbsp;&nbsp; 5232794 |
|  |  | &nbsp;&nbsp;**$25176433** |
| Oil, Gas & Consumable Fuels — 2.2% | Oil, Gas & Consumable Fuels — 2.2% | Oil, Gas & Consumable Fuels — 2.2% |
| Freeport LNG Investments LLLP, Term Loan, 6.925%, (3 mo. USD Term SOFR + 3.25%), 2/11/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20984 | &nbsp;&nbsp;$21043486 |
| GIP Pilot Acquisition Partners LP, Term Loan, 5.674%, (3 mo. USD Term SOFR + 2.00%), 10/4/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4831 | &nbsp;&nbsp;&nbsp;&nbsp; 4858382 |
| Hilcorp Energy I LP, Term Loan, 5.411%, (1 mo. USD Term SOFR + 1.75%), 2/11/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5228 | &nbsp;&nbsp;&nbsp;&nbsp; 5247605 |
| Matador Bidco SARL, Term Loan, 8.002%, (1 mo. USD Term SOFR + 4.25%), 7/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19265 | &nbsp;&nbsp;&nbsp;&nbsp; 19163912 |
| Natgasoline LLC, Term Loan, 9.173%, (3 mo. USD Term SOFR + 5.50%), 3/29/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4802 | &nbsp;&nbsp;&nbsp;&nbsp; 4853879 |
| Oryx Midstream Services Permian Basin LLC, Term Loan, 5.904%, (1 mo. USD Term SOFR + 2.25%), 10/5/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2481 | &nbsp;&nbsp;&nbsp;&nbsp; 2492360 |
| Oxbow Carbon LLC, Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 5/10/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5212 | &nbsp;&nbsp;&nbsp;&nbsp; 5241424 |
| Traverse Midstream Partners LLC, Term Loan, 4/21/33<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5975 | &nbsp;&nbsp;&nbsp;&nbsp; 5991820 |
| Venture Global Calcasieu Pass LLC, Term Loan, 6.937%, (6 mo. USD Term SOFR + 3.25%), 4/11/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10250 | &nbsp;&nbsp;&nbsp;&nbsp; 10294844 |
|  |  | &nbsp;&nbsp;**$79187712** |

---

*27*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Passenger Airlines — 0.2% | Passenger Airlines — 0.2% | Passenger Airlines — 0.2% | Passenger Airlines — 0.2% |
| WestJet Loyalty LP, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 2/14/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8922 | &nbsp;&nbsp;$8730550 |
|  |  |  | &nbsp;&nbsp;**$8730550** |
| Pharmaceuticals — 1.8% | Pharmaceuticals — 1.8% | Pharmaceuticals — 1.8% | Pharmaceuticals — 1.8% |
| Amneal Pharmaceuticals LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 8/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5771 | &nbsp;&nbsp;$5803462 |
| Bausch Health Cos., Inc., Term Loan, 9.902%, (1 mo. USD Term SOFR + 6.25%), 10/8/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6833 | &nbsp;&nbsp;&nbsp;&nbsp; 6666828 |
| Ceva Sante Animale: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.127%, (3 mo. EURIBOR + 3.00%), 11/8/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3725 | &nbsp;&nbsp;&nbsp;&nbsp; 4411585 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.389%, (3 mo. USD Term SOFR + 2.75%), 11/8/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6166 | &nbsp;&nbsp;&nbsp;&nbsp; 6209017 |
| Jazz Financing Lux SARL, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 5/5/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9322 | &nbsp;&nbsp;&nbsp;&nbsp; 9375965 |
| Nidda Healthcare Holding AG, Term Loan, 5.524%, (3 mo. EURIBOR + 3.50%), 12/9/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4550 | &nbsp;&nbsp;&nbsp;&nbsp; 5373482 |
| Opal Bidco SAS, Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 4/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20947 | &nbsp;&nbsp;&nbsp;&nbsp; 21056504 |
| Padagis LLC, Term Loan, 8.689%, (3 mo. USD Term SOFR + 4.75%), 7/6/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4690 | &nbsp;&nbsp;&nbsp;&nbsp; 4443775 |
| Recipharm AB, Term Loan, 4.949%, (3 mo. EURIBOR + 2.95%), 2/17/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp; 2028342 |
|  |  |  | &nbsp;&nbsp;**$65368960** |
| Professional Services — 4.3% | Professional Services — 4.3% | Professional Services — 4.3% | Professional Services — 4.3% |
| AAL Delaware Holdco, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 7/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8014 | &nbsp;&nbsp;$8061372 |
| Amspec Parent LLC, Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 12/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8339 | &nbsp;&nbsp;&nbsp;&nbsp; 8346518 |
| APFS Staffing Holdings, Inc., Term Loan, 7.902%, (1 mo. USD Term SOFR + 4.25%), 12/29/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3267 | &nbsp;&nbsp;&nbsp;&nbsp; 2963705 |
| Citrin Cooperman Advisors LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 4/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3731 | &nbsp;&nbsp;&nbsp;&nbsp; 3609052 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/1/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1475 | &nbsp;&nbsp;&nbsp;&nbsp; 1412312 |
| CohnReznick LLP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 3/31/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7961 | &nbsp;&nbsp;&nbsp;&nbsp; 7846957 |
| &nbsp;&nbsp;&nbsp;Term Loan, 3/31/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462 | &nbsp;&nbsp;&nbsp;&nbsp; 455342 |
| CoreLogic, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.267%, (1 mo. USD Term SOFR + 3.50%), 6/2/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13740 | &nbsp;&nbsp;&nbsp;&nbsp; 13481914 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 10.267%, (1 mo. USD Term SOFR + 6.50%), 6/4/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1141002 |
| Corporation Service Co., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 11/2/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7218 | &nbsp;&nbsp;&nbsp;&nbsp; 7243001 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Professional Services (continued) | Professional Services (continued) | Professional Services (continued) | Professional Services (continued) |
| EAB Global, Inc., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/16/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8304 | &nbsp;&nbsp;$7371507 |
| Employbridge Holding Co., Term Loan - Second Lien, 8.711%, (3 mo. USD Term SOFR + 4.75%), 1/19/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11024 | &nbsp;&nbsp;&nbsp;&nbsp; 2076230 |
| First Advantage Holdings LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3910 | &nbsp;&nbsp;&nbsp;&nbsp; 3866990 |
| Galaxy Bidco Ltd., Term Loan, 5.867%, (6 mo. EURIBOR + 3.75%), 12/19/29 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6150 | &nbsp;&nbsp;&nbsp;&nbsp; 7313583 |
| Grant Thornton Advisors LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 6/2/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21980 | &nbsp;&nbsp;&nbsp;&nbsp; 21345612 |
| Heritage Environmental Services, Inc., Term Loan, 6.677%, (3 mo. USD Term SOFR + 3.00%), 4/1/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp; 5427000 |
| Heron Bidco, Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 12/10/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6375 | &nbsp;&nbsp;&nbsp;&nbsp; 6394922 |
| Highspring Holdings LLC, Term Loan, 8.85%, (3 mo. USD Term SOFR + 5.00%), 1/22/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3248 | &nbsp;&nbsp;&nbsp;&nbsp; 2168114 |
| iSolved, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 10/15/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5696 | &nbsp;&nbsp;&nbsp;&nbsp; 5435804 |
| Mermaid Bidco, Inc., Term Loan, 6.913%, (3 mo. USD Term SOFR + 3.25%), 7/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15156 | &nbsp;&nbsp;&nbsp;&nbsp; 14872014 |
| Neptune Bidco U.S., Inc., Term Loan, 8.769%, (3 mo. USD Term SOFR + 5.00%), 2/3/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7857 | &nbsp;&nbsp;&nbsp;&nbsp; 7709964 |
| PHM Group Holding OYJ, Term Loan, 5.575%, (3 mo. EURIBOR + 3.50%), 4/22/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900 | &nbsp;&nbsp;&nbsp;&nbsp; 5760459 |
| Techem Verwaltungsgesellschaft 675 GmbH, Term Loan, 5.231%, (3 mo. EURIBOR + 3.25%), 7/15/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4175 | &nbsp;&nbsp;&nbsp;&nbsp; 4941588 |
| Trans Union LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 6/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1926 | &nbsp;&nbsp;&nbsp;&nbsp; 1928571 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 6/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2622 | &nbsp;&nbsp;&nbsp;&nbsp; 2625524 |
|  |  |  | &nbsp;&nbsp;**$153799057** |
| Real Estate Management & Development — 0.9% | Real Estate Management & Development — 0.9% | Real Estate Management & Development — 0.9% | Real Estate Management & Development — 0.9% |
| Cushman & Wakefield U.S. Borrower LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5609 | &nbsp;&nbsp;$5642740 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 1/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5403 | &nbsp;&nbsp;&nbsp;&nbsp; 5430424 |
| Greystar Real Estate Partners LLC, Term Loan, 6.173%, (3 mo. USD Term SOFR + 2.50%), 8/21/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10956 | &nbsp;&nbsp;&nbsp;&nbsp; 10996983 |
| Metropolis Technologies, Inc., Term Loan, 8.98%, (6 mo. USD Term SOFR + 5.25%), 11/3/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9202 | &nbsp;&nbsp;&nbsp;&nbsp; 9169317 |
|  |  |  | &nbsp;&nbsp;**$31239464** |

---

*28*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Road & Rail — 0.9% | Road & Rail — 0.9% | Road & Rail — 0.9% | Road & Rail — 0.9% |
| Avis Budget Car Rental LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 7/16/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15642 | &nbsp;&nbsp;$15557039 |
| First Student Bidco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8/15/30<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3073 | &nbsp;&nbsp;&nbsp;&nbsp; 3077877 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8/15/30<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562 | &nbsp;&nbsp;&nbsp;&nbsp; 563175 |
| Hertz Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.413%, (3 mo. USD Term SOFR + 3.75%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4899 | &nbsp;&nbsp;&nbsp;&nbsp; 3842804 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.425%, (3 mo. USD Term SOFR + 3.50%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3991 | &nbsp;&nbsp;&nbsp;&nbsp; 3152742 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.425%, (3 mo. USD Term SOFR + 3.50%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790 | &nbsp;&nbsp;&nbsp;&nbsp; 623801 |
| Kenan Advantage Group, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/25/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3940 | &nbsp;&nbsp;&nbsp;&nbsp; 3935910 |
|  |  |  | &nbsp;&nbsp;**$30753348** |
| Semiconductors & Semiconductor Equipment — 0.1% | Semiconductors & Semiconductor Equipment — 0.1% | Semiconductors & Semiconductor Equipment — 0.1% | Semiconductors & Semiconductor Equipment — 0.1% |
| Bright Bidco BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 10/31/27<sup>(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3669 | &nbsp;&nbsp;$1238412 |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.663%, (3 mo. USD Term SOFR + 10.00%), 6/30/26 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162 | &nbsp;&nbsp;&nbsp;&nbsp; 154947 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6/30/26<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117 | &nbsp;&nbsp;&nbsp;&nbsp; 111875 |
| MaxLinear, Inc., Term Loan, 6.017%, (1 mo. USD Term SOFR + 2.25%), 6/23/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2955 | &nbsp;&nbsp;&nbsp;&nbsp; 2933192 |
|  |  |  | &nbsp;&nbsp;**$4438426** |
| Software — 8.0% | Software — 8.0% | Software — 8.0% | Software — 8.0% |
| Applied Systems, Inc., Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 2/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14796 | &nbsp;&nbsp;$14621886 |
| Boxer Parent Co., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.673%, (3 mo. USD Term SOFR + 3.00%), 7/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12568 | &nbsp;&nbsp;&nbsp;&nbsp; 11670134 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.413%, (3 mo. USD Term SOFR + 5.75%), 7/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3410000 |
| Calabrio, Inc., Term Loan, 7.673%, (3 mo. USD Term SOFR + 4.00%), 11/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7600 | &nbsp;&nbsp;&nbsp;&nbsp; 6001644 |
| Cegid Group SAS: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.90%, (3 mo. EURIBOR + 2.75%), 7/10/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3525 | &nbsp;&nbsp;&nbsp;&nbsp; 4043182 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.90%, (3 mo. EURIBOR + 2.75%), 7/10/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3850 | &nbsp;&nbsp;&nbsp;&nbsp; 4419188 |
| Cloud Software Group, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 8/13/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11370 | &nbsp;&nbsp;&nbsp;&nbsp; 10550882 |
| Cloudera, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 10/8/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11820 | &nbsp;&nbsp;&nbsp;&nbsp; 10682815 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.752%, (1 mo. USD Term SOFR + 6.00%), 10/8/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2950 | &nbsp;&nbsp;&nbsp;&nbsp; 2316281 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Software (continued) | Software (continued) | Software (continued) | Software (continued) |
| Clover Holdings 2 LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 12/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11583 | &nbsp;&nbsp;$11307904 |
| Dayforce, Inc., Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/4/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11575 | &nbsp;&nbsp;&nbsp;&nbsp; 10948503 |
| Delta TopCo, Inc., Term Loan, 6.424%, (3 mo. USD Term SOFR + 2.75%), 11/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8128 | &nbsp;&nbsp;&nbsp;&nbsp; 7845440 |
| Dragon Buyer, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3230 | &nbsp;&nbsp;&nbsp;&nbsp; 3098004 |
| Drake Software LLC, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 6/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3704 | &nbsp;&nbsp;&nbsp;&nbsp; 3500261 |
| ECI Macola Max Holding LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 5/9/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10369 | &nbsp;&nbsp;&nbsp;&nbsp; 10219871 |
| Epicor Software Corp., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5828 | &nbsp;&nbsp;&nbsp;&nbsp; 5758682 |
| IGT Holding IV AB: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.027%, (3 mo. EURIBOR + 2.90%), 3/31/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205 | &nbsp;&nbsp;&nbsp;&nbsp; 1414850 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 9/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3953 | &nbsp;&nbsp;&nbsp;&nbsp; 3926157 |
| Marcel LUX IV SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.513%, (3 mo. EURIBOR + 3.50%), 11/9/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4525 | &nbsp;&nbsp;&nbsp;&nbsp; 5261003 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.64%, (1 mo. USD Term SOFR + 3.00%), 11/12/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15263 | &nbsp;&nbsp;&nbsp;&nbsp; 15148902 |
| McAfee LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 3/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22202 | &nbsp;&nbsp;&nbsp;&nbsp; 19621076 |
| Mosel Bidco SE, Term Loan, 5.877%, (3 mo. EURIBOR + 3.75%), 9/16/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4750 | &nbsp;&nbsp;&nbsp;&nbsp; 5296122 |
| N-Able International Holdings II LLC, Term Loan, 6.423%, (3 mo. USD Term SOFR + 2.75%), 11/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1671 | &nbsp;&nbsp;&nbsp;&nbsp; 1660370 |
| OceanKey (U.S.) II Corp., Term Loan, 7.252%, (1 mo. USD Term SOFR + 3.50%), 12/15/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6088 | &nbsp;&nbsp;&nbsp;&nbsp; 5782334 |
| OID-OL Intermediate I LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.063%, (3 mo. USD Term SOFR + 4.25%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9797 | &nbsp;&nbsp;&nbsp;&nbsp; 6826657 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.663%, (3 mo. USD Term SOFR + 6.00%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3657 | &nbsp;&nbsp;&nbsp;&nbsp; 3646560 |
| Open Text Corp., Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 1/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4078 | &nbsp;&nbsp;&nbsp;&nbsp; 3980037 |
| Polaris Newco LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.15%, (3 mo. EURIBOR + 4.00%), 6/2/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6281 | &nbsp;&nbsp;&nbsp;&nbsp; 6341169 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.925%, (3 mo. USD Term SOFR + 4.00%), 6/2/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2867 | &nbsp;&nbsp;&nbsp;&nbsp; 2508974 |
| Project Alpha Intermediate Holding, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 10/26/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8765 | &nbsp;&nbsp;&nbsp;&nbsp; 6924017 |
| Project Boost Purchaser LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 7/16/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15666 | &nbsp;&nbsp;&nbsp;&nbsp; 15398269 |

---

*29*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Software (continued) | Software (continued) | Software (continued) | Software (continued) |
| Proofpoint, Inc., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/31/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4290 | &nbsp;&nbsp;$4172290 |
| RealPage, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.961%, (3 mo. USD Term SOFR + 3.00%), 4/24/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11079 | &nbsp;&nbsp;&nbsp;&nbsp; 10861944 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.45%, (3 mo. USD Term SOFR + 3.75%), 4/24/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3960 | &nbsp;&nbsp;&nbsp;&nbsp; 3916697 |
| Rocket Software, Inc., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 11/28/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3325 | &nbsp;&nbsp;&nbsp;&nbsp; 3179146 |
| Sabre GLBL, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.752%, (1 mo. USD Term SOFR + 6.00%), 11/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6023 | &nbsp;&nbsp;&nbsp;&nbsp; 4949499 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.752%, (1 mo. USD Term SOFR + 6.00%), 11/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2136 | &nbsp;&nbsp;&nbsp;&nbsp; 1754582 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10.002%, (1 mo. USD Term SOFR + 6.25%), 7/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1669 | &nbsp;&nbsp;&nbsp;&nbsp; 1375295 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10.002%, (1 mo. USD Term SOFR + 6.25%), 7/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1887 | &nbsp;&nbsp;&nbsp;&nbsp; 1559479 |
| SkillSoft Corp., Term Loan, 9.017%, (1 mo. USD Term SOFR + 5.25%), 7/14/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10061 | &nbsp;&nbsp;&nbsp;&nbsp; 5543795 |
| SolarWinds Holdings, Inc., Term Loan, 7.674%, (3 mo. USD Term SOFR + 4.00%), 4/16/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10655 | &nbsp;&nbsp;&nbsp;&nbsp; 9083210 |
| UKG, Inc., Term Loan, 6.163%, (3 mo. USD Term SOFR + 2.50%), 2/10/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8925 | &nbsp;&nbsp;&nbsp;&nbsp; 8626698 |
| Vision Solutions, Inc., Term Loan, 7.925%, (3 mo. USD Term SOFR + 4.00%), 4/24/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12746 | &nbsp;&nbsp;&nbsp;&nbsp; 10148636 |
|  |  |  | &nbsp;&nbsp;**$289302445** |
| Specialty Retail — 1.1% | Specialty Retail — 1.1% | Specialty Retail — 1.1% | Specialty Retail — 1.1% |
| Apro LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 7/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5664 | &nbsp;&nbsp;$5700904 |
| Boels Topholding BV, Term Loan, 4.462%, (1 mo. EURIBOR + 2.50%), 5/23/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131 | &nbsp;&nbsp;&nbsp;&nbsp; 154483 |
| Great Outdoors Group LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/23/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7459 | &nbsp;&nbsp;&nbsp;&nbsp; 7515371 |
| Harbor Freight Tools USA, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 6/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15133 | &nbsp;&nbsp;&nbsp;&nbsp; 15132789 |
| Les Schwab Tire Centers, Term Loan, 6.173%, (3 mo. USD Term SOFR + 2.50%), 4/23/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3222 | &nbsp;&nbsp;&nbsp;&nbsp; 3227002 |
| Mavis Tire Express Services Corp., Term Loan, 6.669%, (6 mo. USD Term SOFR + 3.00%), 5/4/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6414 | &nbsp;&nbsp;&nbsp;&nbsp; 6432354 |
| Speedster Bidco GmbH, Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 12/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3012 | &nbsp;&nbsp;&nbsp;&nbsp; 2949605 |
|  |  |  | &nbsp;&nbsp;**$41112508** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Technology Hardware, Storage & Peripherals — 0.2% | Technology Hardware, Storage & Peripherals — 0.2% | Technology Hardware, Storage & Peripherals — 0.2% | Technology Hardware, Storage & Peripherals — 0.2% |
| CompoSecure Holdings LLC, Term Loan, 5.918%, (1 mo. USD Term SOFR + 2.25%), 1/14/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8445 | &nbsp;&nbsp;$8480216 |
|  |  |  | &nbsp;&nbsp;**$8480216** |
| Trading Companies & Distributors — 3.0% | Trading Companies & Distributors — 3.0% | Trading Companies & Distributors — 3.0% | Trading Companies & Distributors — 3.0% |
| BCPE Empire Holdings, Inc., Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 12/29/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9025 | &nbsp;&nbsp;$9027798 |
| CD&R Hydra Buyer, Inc., Term Loan, 7.752%, (1 mo. USD Term SOFR + 4.00%), 3/25/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12787 | &nbsp;&nbsp;&nbsp;&nbsp; 12846192 |
| Core & Main LP, Term Loan, 5.654%, (1 mo. USD Term SOFR + 2.00%), 2/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3626 | &nbsp;&nbsp;&nbsp;&nbsp; 3636936 |
| DXP Enterprises, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 10/11/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9036 | &nbsp;&nbsp;&nbsp;&nbsp; 9126174 |
| Paint Intermediate III LLC, Term Loan, 6.666% - 6.673%, (3 mo. USD Term SOFR + 3.00%), 10/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5332 | &nbsp;&nbsp;&nbsp;&nbsp; 5351811 |
| Quimper AB, Term Loan, 5.122%, (3 mo. EURIBOR + 3.00%), 3/31/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6775 | &nbsp;&nbsp;&nbsp;&nbsp; 7973462 |
| Ramudden Global Group GmbH, Term Loan, 2/21/33<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16300 | &nbsp;&nbsp;&nbsp;&nbsp; 19184247 |
| Spin Holdco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.096%, (3 mo. USD Term SOFR + 5.43%), 9/4/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3167 | &nbsp;&nbsp;&nbsp;&nbsp; 3236959 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 7.928%, (3 mo. USD Term SOFR + 4.00%), 9/4/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8405 | &nbsp;&nbsp;&nbsp;&nbsp; 5946605 |
| White Cap Buyer LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.918%, (1 mo. USD Term SOFR + 3.25%), 10/19/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13764 | &nbsp;&nbsp;&nbsp;&nbsp; 13722247 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.168%, (1 mo. USD Term SOFR + 3.50%), 2/10/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5966250 |
| Windsor Holdings III LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 8/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11535 | &nbsp;&nbsp;&nbsp;&nbsp; 11517498 |
|  |  |  | &nbsp;&nbsp;**$107536179** |
| Transportation Infrastructure — 0.7% | Transportation Infrastructure — 0.7% | Transportation Infrastructure — 0.7% | Transportation Infrastructure — 0.7% |
| Brown Group Holding LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152% - 6.173%, (1 mo. USD Term SOFR + 2.50%, 3 mo. USD Term SOFR + 2.50%), 7/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10263 | &nbsp;&nbsp;$10329608 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7/1/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5030900 |
| KKR Apple Bidco LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/23/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10024 | &nbsp;&nbsp;&nbsp;&nbsp; 10043817 |
|  |  |  | &nbsp;&nbsp;**$25404325** |
| Total Senior Floating-Rate Loans<br> (identified cost $3,101,725,497) |  |  | &nbsp;&nbsp;**$3022364055** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*30*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

U.S. Government Agency Mortgage-Backed Securities — 0.2%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association, 5.50%, 12/20/55<sup>(13)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5488 | &nbsp;&nbsp;$5537265 |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (identified cost $5,563,288) |  | &nbsp;&nbsp;**$5537265** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Warrants — 0.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Health Care — 0.0% | Health Care — 0.0% | Health Care — 0.0% |
| Cano Health, Inc., Exp. 6/28/29<sup>(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9917 | &nbsp;&nbsp;$0 |
| Total Warrants<br> (identified cost $0) |  | &nbsp;&nbsp;**$0** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 6.9%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(14)</sup> | 250318612 | &nbsp;&nbsp;$250318612 |
| Total Short-Term Investments<br> (identified cost $250,318,612) |  | &nbsp;&nbsp;**$250318612** |
| Total Investments — 101.3%<br> (identified cost $3,794,323,803) |  | &nbsp;&nbsp;**$3661764140** |
| Less Unfunded Loan Commitments — (0.2)% |  | &nbsp;&nbsp;**$(6243019)** |
| Net Investments — 101.1%<br> (identified cost $3,788,080,784) |  | &nbsp;&nbsp;**$3655521121** |
| Other Assets, Less Liabilities — (1.1)% |  | &nbsp;&nbsp;**$(39049534)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$3616471587** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| \* | In U.S. dollars unless otherwise indicated. |

---

<sup>(1)</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 April 30, 2026, the aggregate value of these securities is $252,136,715 or 7.0% of the Portfolio's net assets.

<sup>(2)</sup> Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026.

<sup>(3)</sup> Non-income producing security.

<sup>(4)</sup> Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

<sup>(5)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(6)</sup> When-issued security.

<sup>(7)</sup> Affiliated fund (see Note 7).

<sup>(8)</sup> Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

<sup>(9)</sup> Unfunded or partially unfunded loan commitments. The stated interest rate reflects the reference rate and spread for the funded portion, if any. At April 30, 2026, the total value of unfunded loan commitments is $6,488,873. See Note 1F for description.

<sup>(10)</sup> This Senior Loan will settle after April 30, 2026, at which time the interest rate will be determined.

<sup>(11)</sup> Issuer is in default with respect to interest and/or principal payments or has declared bankruptcy and is non-income producing. For a variable rate security, interest rate has been adjusted to reflect non-accrual status.

<sup>(12)</sup> Fixed-rate loan.

<sup>(13)</sup> Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts.

<sup>(14)</sup> May be deemed to be an affiliated investment company (see Note 7). The rate shown is the annualized seven-day yield as of April 30, 2026.

*31*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp;212065447 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;183766698 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(3612281) |
| GBP | &nbsp;&nbsp; 10500000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14145173 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 142342 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 42366829 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 35742584 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 370271 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 38098629 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 32132222 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 344148 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 35461002 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 29974510 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 241774 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 27865170 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 20551273 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (99268) |
| USD | &nbsp;&nbsp;215848082 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;183766698 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (113398) |
| EUR | &nbsp;&nbsp; 20000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 23648076 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (115212) |
| EUR | &nbsp;&nbsp; 24000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 28086672 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 152765 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| GBP | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6609400 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 193496 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3764963 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 3266171 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (78155) |
| USD | &nbsp;&nbsp; 5888233 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 5108626 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (122797) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$1444796** | &nbsp;&nbsp;**$(4141111)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** |
| **Reference Entity** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Current<br> Market Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Markit CDX North America High Yield Index (CDX.NA.HY.46.V1) | &nbsp;&nbsp;$234500 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;3.30% | &nbsp;&nbsp;6/20/31 | &nbsp;&nbsp;$12321847 | &nbsp;&nbsp;$(7281199) | &nbsp;&nbsp;$5040648 |
| **Total** | &nbsp;&nbsp;**$234500** |  |  | &nbsp;&nbsp;**$12321847** | &nbsp;&nbsp;**$(7281199)** | &nbsp;&nbsp;**$5040648** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Contract Annual<br> Fixed Rate<sup>(2)</sup>** | &nbsp;&nbsp;**Current<br> Market<br> Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| U.S. Land Banking | &nbsp;&nbsp;Goldman Sachs Bank USA | &nbsp;&nbsp;$5000 | &nbsp;&nbsp;5.50%<br> (pays monthly) | &nbsp;&nbsp;5.79% | &nbsp;&nbsp;10/10/29 | &nbsp;&nbsp;$(22248) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(22248) |
| **Total** |  | &nbsp;&nbsp;**$5000** |  |  |  | &nbsp;&nbsp;**$(22248)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(22248)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*32*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

<sup>(1)</sup> If the Portfolio is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Portfolio could be required to make if a credit event, as defined in the credit default swap agreement, were to occur. At April 30, 2026, such maximum potential amount for all open credit default swaps in which the Portfolio is the seller was $239,500,000.

<sup>(2)</sup> The contract annual fixed rate represents the fixed rate of interest received by the Portfolio (as a seller of protection) or paid by the Portfolio (as a buyer of protection) on the notional amount of the credit default swap contract.

<sup>(3)</sup> Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the market's perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit event involving the reference entity. A rate identified as "Defaulted" indicates a credit event has occurred for the reference entity.

<sup>(4)</sup> Upfront payment is exchanged with the counterparty as a result of the standardized trading coupon.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| DIP | – Debtor In Possession |
| EURIBOR | – Euro Interbank Offered Rate |
| OTC | – Over-the-counter |
| SOFR | – Secured Overnight Financing Rate |
| SONIA | – Sterling Overnight Interbank Average |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| USD | – United States Dollar |

---

*33*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $3,508,716,432) | &nbsp;&nbsp;$3377150447 |
| Affiliated investments, at value (identified cost $279,364,352) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278370674 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9266331 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11607867 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3430000 |
| Foreign currency, at value (identified cost $47,555,123) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47542400 |
| Interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17986777 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763982 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102855981 |
| Receivable for variation margin on open centrally cleared swaps | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550504 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444796 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13820 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317207 |
| Prepaid upfront fees on notes payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797577 |
| Prepaid expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26645 |
| **Total assets** | &nbsp;&nbsp;**$3852125008** |
| Liabilities |  |
| Cash collateral due to broker | &nbsp;&nbsp;$300000 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215684112 |
| Payable for when-issued securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6142458 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4141111 |
| Payable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22248 |
| 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;1542736 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9042 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317207 |
| Accrued expenses and other liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7494507 |
| **Total liabilities** | &nbsp;&nbsp;**$235653421** |
| Commitments and contingencies (see Note 10) |  |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$3616471587** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income | &nbsp;&nbsp;$916082 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3211994 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140299435 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1607 |
| **Total investment income** | &nbsp;&nbsp;**$144429118** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$10352624 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483551 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639450 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971208 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259122 |
| **Total expenses** | &nbsp;&nbsp;**$12760205** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$170779 |
| **Total expense reductions** | &nbsp;&nbsp;**$170779** |
| **Net expenses** | &nbsp;&nbsp;**$12589426** |
| **Net investment income** | &nbsp;&nbsp;**$131839692** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(170179428) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1736140) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93680 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6814880 |
| **Net realized loss** | &nbsp;&nbsp;**$(165007008)** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$67598553 |
| &nbsp;&nbsp;&nbsp;Investments - affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(516863) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4649592 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1159556 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10597415) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$62293423** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(102713585)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$29126107** |

---

*35*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$131839692 | &nbsp;&nbsp;$381095795 |
| &nbsp;&nbsp;&nbsp;Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(165007008) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(109374418) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62293423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30418776) |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$29126107** | &nbsp;&nbsp;**$241302601** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$81539753 | &nbsp;&nbsp;$211859678 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(958838799) | &nbsp;&nbsp;&nbsp;&nbsp;(1335648314) |
| **Net decrease in net assets from capital transactions** | &nbsp;&nbsp;**$(877299046)** | &nbsp;&nbsp;**$(1123788636)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(848172939)** | &nbsp;&nbsp;**$(882486035)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$4464644526 | &nbsp;&nbsp;$5347130561 |
| **At end of period** | &nbsp;&nbsp;**$3616471587** | &nbsp;&nbsp;**$4464644526** |

---

*36*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.58%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.56% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.65% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.21% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.39% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.51% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &nbsp;&nbsp;&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;27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.47%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.23%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.49%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.63%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.32)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.80%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$3616472** | &nbsp;&nbsp;**$4464645** | &nbsp;&nbsp;**$5347131** | &nbsp;&nbsp;**$5761774** | &nbsp;&nbsp;**$8101131** | &nbsp;&nbsp;**$8986782** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fees due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(4)</sup> Not annualized.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Floating Rate Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified, open-end management investment company. The Portfolio's investment objective is to provide a high level of current income. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Floating-Rate Fund and Eaton Vance Floating-Rate & High Income Fund held an interest of 85.5% and 14.5%, respectively, in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.

**Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Senior Loans, for which a valuation is not available or deemed unreliable, are fair valued by the investment adviser utilizing one or more of the valuation techniques described below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan. If the investment adviser believes that there is a reasonable likelihood of full repayment, the investment adviser will determine fair value using a matrix pricing approach that considers the yield on the Senior Loan relative to yields on other Senior Loans issued by companies of comparable credit quality. If the investment adviser believes there is not a reasonable likelihood of full repayment, the investment adviser will determine fair value using analyses that include, but are not limited to: (i) a comparison of the value of the borrower's outstanding equity and debt to that of comparable public companies; (ii) a discounted cash flow analysis; or (iii) when the investment adviser believes it is likely that a borrower will be liquidated or sold, an analysis of the terms of such liquidation or sale. In certain cases, the investment adviser will use a combination of analytical methods to determine fair value, such as when only a portion of a borrower's assets are likely to be sold. In conducting its assessment and analyses for purposes of determining fair value of a Senior Loan, the investment adviser will use its discretion and judgment in considering and appraising relevant factors. Junior Loans (i.e., subordinated loans and second lien loans) are valued in the same manner as Senior Loans.**

**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.**

**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 or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

**Derivatives. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average asked prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service. Swaps are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract, and in the case of credit default swaps, based on credit spread quotations obtained from broker/dealers and expected default recovery rates determined by the pricing service using proprietary models. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.**

**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.**

**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. Exchange-traded funds are valued at the official closing price as reported by an independent pricing service on the primary market or exchange on which they are traded.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Portfolio'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 Portfolio 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**

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[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Fees in connection with investments in senior floating-rate loans may include amendment fees, consent fees and prepayment fees, which are recorded to income as earned and included in Other income on the Statement of Operations. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

As of April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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.

F Unfunded Loan Commitments—The Portfolio may enter into certain loan agreements all or a portion of which may be unfunded. The Portfolio is obligated to fund these commitments at the borrower's discretion. These commitments, if any, are disclosed in the accompanying Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover these commitments.

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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

I Forward Foreign Currency Exchange Contracts—The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

J Credit Default Swaps— Swap contracts are privately negotiated agreements between the Portfolio and a counterparty. Certain swap contracts may be centrally cleared ("centrally cleared swaps"), whereby all payments made or received by the Portfolio pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared swaps, the Portfolio is required to deposit with the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. When the Portfolio is the buyer of a credit default swap contract, the Portfolio is entitled to receive the par (or other agreed-upon) value of a referenced debt obligation (or basket of debt obligations) from the counterparty (or CCP in the case of a centrally cleared swap) to the contract if

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[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

a credit event by a third party, such as a U.S. or foreign corporate issuer or sovereign issuer, on the debt obligation occurs. In return, the Portfolio pays the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Portfolio would have spent the stream of payments and received no proceeds from the contract. When the Portfolio is the seller of a credit default swap contract, it receives the stream of payments, but is obligated to pay to the buyer of the protection an amount up to the notional amount of the swap and in certain instances take delivery of securities of the reference entity upon the occurrence of a credit event, as defined under the terms of that particular swap agreement. Credit events are contract specific but may include bankruptcy, failure to pay, restructuring, obligation acceleration and repudiation/moratorium. If the Portfolio is a seller of protection and a credit event occurs, the maximum potential amount of future payments that the Portfolio could be required to make would be an amount equal to the notional amount of the agreement. This potential amount would be partially offset by any recovery value of the respective referenced obligation, or net amount received from the settlement of a buy protection credit default swap agreement entered into by the Portfolio for the same referenced obligation. As the seller, the Portfolio may create economic leverage to its portfolio because, in addition to its total net assets, the Portfolio is subject to investment exposure on the notional amount of the swap. The interest fee paid or received on the swap contract, which is based on a specified interest rate on a fixed notional amount, is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as realized gain upon receipt or realized loss upon payment. The Portfolio also records an increase or decrease to unrealized appreciation (depreciation) in an amount equal to the daily valuation. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. All upfront payments and receipts, if any, are amortized over the life of the swap contract as realized gains or losses. Those upfront payments or receipts for non-centrally cleared swaps are recorded as other assets or other liabilities, respectively, net of amortization. For financial reporting purposes, unamortized upfront payments or receipts, if any, are netted with unrealized appreciation or depreciation on swap contracts to determine the market value of swaps as presented in Notes 5 and 8. These transactions involve certain risks, including the risk that the seller may be unable to fulfill the transaction. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP.

K When-Issued Securities and Delayed Delivery Transactions—The Portfolio may purchase securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. The Portfolio maintains cash and/or security positions for these commitments such that sufficient liquid assets will be available to make payments upon settlement. Securities purchased on a delayed delivery or when-issued basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract.

L Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

M Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Portfolio. The investment adviser fee is computed at an annual rate as a percentage of the Portfolio'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;0.5750% |
| $1 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5250% |
| $2 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4900% |
| $5 billion but less than $10 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4600% |
| $10 billion but less than $15 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4350% |
| $15 billion but less than $20 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4150% |
| $20 billion but less than $25 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4000% |
| $25 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.3900% |

---

For the six months ended April 30, 2026, the Portfolio's investment adviser fee amounted to $10,352,624 or 0.52% (annualized) of the Portfolio's average daily net assets. The Portfolio 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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Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

wholly-owned subsidiary of Morgan Stanley and in other affiliated funds. The investment adviser fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund and in other affiliated funds. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $170,779 relating to the Portfolio's investment in the Liquidity Fund and in other affiliated funds.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations, and including maturities, paydowns and principal repayments on Senior Loans, for the six months ended April 30, 2026 were as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;&nbsp;**Sales** |
| Investments (non-U.S. Government) | &nbsp;&nbsp;&nbsp;&nbsp;$739506496 | &nbsp;&nbsp;&nbsp;&nbsp;$1468394879 |
| U.S. Government and Agency Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5614802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50497 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$745121298** | &nbsp;&nbsp;&nbsp;&nbsp;**$1468445376** |

---

4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Portfolio at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$3789521760** |
| Gross unrealized appreciation | &nbsp;&nbsp;$40675692 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(172354246) |
| **Net unrealized depreciation** | &nbsp;&nbsp;**$(131678554)** |

---

5 Financial Instruments

The Portfolio may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities. These financial instruments may include forward foreign currency exchange contracts and swap contracts 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 Portfolio 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:

Credit Risk: The Portfolio enters into credit default swap contracts to enhance total return and/or as a substitute for the purchase of securities.

Foreign Exchange Risk: Because the Portfolio holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Portfolio enters into forward foreign currency exchange contracts.

The Portfolio enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio's net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit related contingent features in a net liability position was $4,163,359. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $8,513,754 at April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The OTC derivatives in which the Portfolio invests are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio's net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio and/or counterparty is held in segregated accounts by the Portfolio's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Portfolio of Investments. The carrying amount of the liability for cash collateral due to broker at April 30, 2026 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 8) at April 30, 2026.

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Total** |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;$12321847<sup>(1)</sup> | &nbsp;&nbsp;$— | &nbsp;&nbsp;$12321847 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444796 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$12321847** | &nbsp;&nbsp;**$1444796** | &nbsp;&nbsp;**$13766643** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$12321847** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$12321847** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$1444796** | &nbsp;&nbsp;**$1444796** |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(4141111) | &nbsp;&nbsp;$(4141111) |
| Payable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22248) | &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;(22248) |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$(22248)** | &nbsp;&nbsp;**$(4141111)** | &nbsp;&nbsp;**$(4163359)** |

---

<sup>(1)</sup> Only the current day's variation margin on open centrally cleared swap contracts is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open centrally cleared swap contracts, as applicable.

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[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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The Portfolio's derivative assets and liabilities at fair value by risk, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following tables present the Portfolio's derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Portfolio for such assets and pledged by the Portfolio for such liabilities as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;$370271 | &nbsp;&nbsp;&nbsp;$(78155) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$292116 |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;1074525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99268) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(300000) | &nbsp;&nbsp;&nbsp;&nbsp;675257 |
|  | &nbsp;&nbsp;&nbsp;**$1444796** | &nbsp;&nbsp;&nbsp;**$(177423)** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$(300000)** | &nbsp;&nbsp;&nbsp;**$967373** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$(115212) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$115212 | &nbsp;&nbsp;&nbsp;$— |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(78155) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78155 | &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; — |
| Goldman Sachs Bank USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;22248 | &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; — |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(122797) | &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;110000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12797) |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;(3725679) | &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;2860000 | &nbsp;&nbsp;&nbsp;&nbsp;(865679) |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99268) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99268 | &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;**$(4163359)** | &nbsp;&nbsp;&nbsp;**$177423** | &nbsp;&nbsp;&nbsp;**$22248** | &nbsp;&nbsp;&nbsp;**$3085212** | &nbsp;&nbsp;&nbsp;**$(878476)** |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Statement of Operations Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;$93680 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$93680 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6814880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6814880 |
| **Total** | &nbsp;&nbsp;**$93680** | &nbsp;&nbsp;**$6814880** | &nbsp;&nbsp;**$6908560** |
| Change in unrealized appreciation (depreciation): |  |  |  |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;$4649592 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$4649592 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(10597415) | &nbsp;&nbsp;&nbsp;&nbsp;(10597415) |
| **Total** | &nbsp;&nbsp;**$4649592** | &nbsp;&nbsp;**$(10597415)** | &nbsp;&nbsp;**$(5947823)** |

---

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[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The average notional amounts of forward foreign currency exchange contracts and swap contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | |
|:---|:---|
| **Forward<br> Foreign Currency<br> Exchange Contracts<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $634049000 | &nbsp;&nbsp;&nbsp;&nbsp;$126509000 |

---

<sup>(1)</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

6 Credit Facility

The Portfolio participates with another portfolio and fund managed by BMR and its affiliates in a $425 million ($500 million prior to March 2, 2026) unsecured credit facility agreement (Agreement) with a group of banks, which is in effect through March 1, 2027. Borrowings are made by the Portfolio solely to facilitate the handling of unusual and/or unanticipated short-term cash requirements. At the Portfolio's option, any loan under the Credit Facility that is made to it will bear interest at a rate equal to (i) the Benchmark Rate (defined below) plus a margin or, (ii) the Base Rate, or (iii) the Overnight Rate plus a margin. Base Rate is the highest of (a) administrative agent's prime rate, (b) 50 basis points above the Federal Funds rate, (c) the Benchmark Rate plus a margin and (d) 1.00%, in each case as in effect from time to time. The "Overnight Rate" is the greatest of the Benchmark Rate, the Federal Funds rate and 0.00%. "Benchmark Rate" means Term SOFR (defined as the forward-looking Secured Overnight Financing Rate term rate published two U.S. government securities business days prior to the commencement of the applicable interest period) for an interest period of one-month's duration. To the extent that, at any time, the Benchmark Rate is less than 0.00%, the Benchmark Rate shall be deemed to be 0.00% for purposes of the Credit Facility. In addition, a fee computed at an annual rate of 0.15% on the daily unused portion of each lender's commitment amount is allocated among the participating portfolios and fund at the end of each quarter. Also included in interest expense and fees on the Statement of Operations is approximately $496,000 of amortization of upfront fees paid by the Portfolio in connection with the annual renewal of the Agreement. The unamortized balance of upfront fees at April 30, 2026 is $797,577 and is included in prepaid upfront fees on notes payable in the Statement of Assets and Liabilities. Because the credit facility is not available exclusively to the Portfolio and the maximum amount is capped, it may be unable to borrow some or all of a requested amount at any particular time. The Portfolio did not have any significant borrowings during the six months ended April 30, 2026.

7 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $278,370,674, which represents 7.7% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Exchange-Traded Funds** |  |  |  |  |  |  |  |  |
| Eaton Vance Floating-Rate ETF | $28568925 | $— | $— | $— | $(516863) | $28052062 | $948442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577500 |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | &nbsp;&nbsp;&nbsp;189108071 | &nbsp;&nbsp;&nbsp;813896488 | &nbsp;&nbsp;&nbsp;(752685947) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;250318612 | &nbsp;&nbsp;&nbsp;2263552 | 250318612 |
| **Total** |  |  |  | **$—** | **$(516863)** | **$278370674** | **$3211994** |  |

---

8 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_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Asset-Backed Securities | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$106578156 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$106578156 |
| Closed-End Funds | &nbsp;&nbsp;&nbsp;&nbsp; 1711044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1711044 |
| Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 344899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43862603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12054458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56261960 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152428880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152428880 |
| Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp; 55555237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55555237 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2650013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8358918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11008931 |
| Senior Floating-Rate Loans (Less Unfunded Loan Commitments) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000040988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16080048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3016121036 |
| U.S. Government Agency Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5537265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5537265 |
| Warrants | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;250318612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250318612 |
| **Total Investments** | &nbsp;&nbsp;**$307929792** | &nbsp;&nbsp;&nbsp;&nbsp;**$3311097905** | &nbsp;&nbsp;&nbsp;&nbsp;**$36493424** | &nbsp;&nbsp;&nbsp;&nbsp;**$3655521121** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1444796 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1444796 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12321847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12321847 |
| **Total** | &nbsp;&nbsp;**$307929792** | &nbsp;&nbsp;&nbsp;&nbsp;**$3324864548** | &nbsp;&nbsp;&nbsp;&nbsp;**$36493424** | &nbsp;&nbsp;&nbsp;&nbsp;**$3669287764** |
| **Liability Description** |  |  |  |  |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(4141111) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(4141111) |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22248) |
| **Total** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(4163359)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(4163359)** |

---

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

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 six months ended April 30, 2026 is not presented.

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

Eaton Vance

Floating Rate Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

9 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, and by acts of terrorism and war. 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 Portfolio 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.

#### Credit Risk
The Portfolio invests primarily in below investment grade floating-rate loans, which are considered speculative because of the credit risk of their issuers. Changes in economic conditions or other circumstances are more likely to reduce the capacity of issuers of these securities to make principal and interest payments. Such companies are more likely to default on their payments of interest and principal owed than issuers of investment grade bonds. An economic downturn generally leads to a higher non-payment rate, and a loan or other debt obligation may lose significant value before a default occurs. Lower rated investments also may be subject to greater price volatility than higher rated investments. Moreover, the specific collateral used to secure a loan may decline in value or become illiquid, which would adversely affect the loan's value.

10 Commitments and Contingencies

In connection with the Serta Chapter 11 bankruptcy proceeding, on December 31, 2024, the U.S. Fifth Circuit Court of Appeals reversed a bankruptcy court's ruling that held permissible an "uptier" agreement (the "2020 Agreement") entered into by Serta with certain participating lenders, including the Portfolio. The 2020 Agreement had the effect of subordinating the existing debt of certain non-participating lenders to that of the participating lenders. The non-participating lenders brought claims for breach of contract, arguing that the participating lenders had breached an earlier agreement by entering into the 2020 Agreement. The appellate court found that the bankruptcy court had erred in determining that the 2020 Agreement was permitted by the terms of the earlier agreement and remanded the breach of contract claims for further consideration by the bankruptcy court. The appellate court further held that indemnification of the participating lenders in the 2020 Agreement was impermissible under the U.S. Bankruptcy Code.

A request by the Portfolio and the other participating lenders for a rehearing of this matter before the Fifth Circuit en banc was denied. A bench trial took place on the breach of contract claim in March 2026, and the Court is expected to rule by July 2026. The attorneys' fees and costs related to these actions are expensed by the Portfolio as incurred.

------

[**Table of Contents**](#JOB_EV_AR_eeaa0c08-d3b2-46ca-b5d9-80bd7b215fa3_TOC)

EVFHX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Government Opportunities Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img7ddff9e21.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Government Opportunities Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_4a24902a-7ede-4ef1-b386-c643e073651c_1)** |  |
| [Items 6 and 7 of Form N-CSR:](#xx_11f90348-71fb-4c4b-b666-95ed64dd8cff_1) | [Items 6 and 7 of Form N-CSR:](#xx_11f90348-71fb-4c4b-b666-95ed64dd8cff_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_11f90348-71fb-4c4b-b666-95ed64dd8cff_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_0894005f-447d-4d41-a58e-6988fffc3690_1) | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_0894005f-447d-4d41-a58e-6988fffc3690_3) | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_0894005f-447d-4d41-a58e-6988fffc3690_4) | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Cash Flows](#xx_0894005f-447d-4d41-a58e-6988fffc3690_5) | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_7820d760-e983-41e6-a9fa-f246e8782170_1) | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_f0d6635b-8aef-4630-a5ea-c36923f939c0_1) | 18 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited)

------

Asset-Backed Securities — 1.8%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| FMC Issuer Trust-FMSR, Series 2024-FT1, Class A, 6.559%, 9/25/29<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;$2980506 |
| Pagaya AI Technology in Housing Trust, Series 2023-1, Class F, 3.60%, 10/25/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 897523 |
| Saluda Grade Alternative Mortgage Trust, Series 2025-NPL2, Class A1, 7.774% to 4/25/28, 5/25/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1816 | &nbsp;&nbsp;&nbsp;&nbsp; 1812599 |
| VINE Trust, Series 2023-SFR1, Class E1, 4.75%, 12/17/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1929975 |
| Total Asset-Backed Securities<br> (identified cost $6,504,882) |  | &nbsp;&nbsp;**$7620603** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Collateralized Mortgage Obligations — 65.6%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| BofA Lending Facility, 7.649%, (SOFR + 4.00%), 6/16/28<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741 | &nbsp;&nbsp;$746803 |
| Cascade MH Asset Trust, Series 2022-MH1, Class A, 4.25% to 7/25/27, 8/25/54<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1176 | &nbsp;&nbsp;&nbsp;&nbsp; 1154466 |
| Champs Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class A, 9.45%, 7/25/59<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2024 | &nbsp;&nbsp;&nbsp;&nbsp; 2070054 |
| &nbsp;&nbsp;&nbsp;Series 2024-2, Class A, 8.752%, 11/25/59<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1538 | &nbsp;&nbsp;&nbsp;&nbsp; 1579895 |
| &nbsp;&nbsp;&nbsp;Series 2024-3, Class A, 9.05%, 1/25/60<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932 | &nbsp;&nbsp;&nbsp;&nbsp; 958195 |
| &nbsp;&nbsp;&nbsp;Series 2025-2, Class A, 8.161%, 10/25/60<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2868 | &nbsp;&nbsp;&nbsp;&nbsp; 2952966 |
| CHNGE Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-1, Class A1, 7.065%, 3/25/58<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237 | &nbsp;&nbsp;&nbsp;&nbsp; 236706 |
| &nbsp;&nbsp;&nbsp;Series 2023-2, Class A3, 7.436% to 5/25/26, 6/25/58<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797 | &nbsp;&nbsp;&nbsp;&nbsp; 797315 |
| EFMT, Series 2025-NQM3, Class B2, 7.222%, 8/25/70<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2330 | &nbsp;&nbsp;&nbsp;&nbsp; 2304851 |
| FARM Mortgage Trust, Series 2023-1, Class B, 3.035%, 3/25/52<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2819 | &nbsp;&nbsp;&nbsp;&nbsp; 2154925 |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2075, Class PH, 6.50%, 8/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6 | &nbsp;&nbsp;&nbsp;&nbsp; 5632 |
| &nbsp;&nbsp;&nbsp;Series 2091, Class ZC, 6.00%, 11/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp; 17862 |
| &nbsp;&nbsp;&nbsp;Series 2102, Class Z, 6.00%, 12/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp; 4446 |
| &nbsp;&nbsp;&nbsp;Series 2115, Class K, 6.00%, 1/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp; 9142 |
| &nbsp;&nbsp;&nbsp;Series 2142, Class Z, 6.50%, 4/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 15518 |
| &nbsp;&nbsp;&nbsp;Series 4107, Class SA, 0.418%, (2.506% - 30-day SOFR Average x 0.571), 9/15/42<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419 | &nbsp;&nbsp;&nbsp;&nbsp; 254812 |
| &nbsp;&nbsp;&nbsp;Series 4107, Class SB, 0.418%, (2.506% - 30-day SOFR Average x 0.571), 9/15/42<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208 | &nbsp;&nbsp;&nbsp;&nbsp; 124374 |
| &nbsp;&nbsp;&nbsp;Series 4107, Class SC, 0.418%, (2.506% - 30-day SOFR Average x 0.571), 9/15/42<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 298249 |
| &nbsp;&nbsp;&nbsp;Series 4107, Class SD, 0.418%, (2.506% - 30-day SOFR Average x 0.571), 9/15/42<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373 | &nbsp;&nbsp;&nbsp;&nbsp; 222779 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 4204, Class AF, 4.768%, (30-day SOFR Average + 1.114%), 5/15/43<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;$523415 |
| &nbsp;&nbsp;&nbsp;Series 4259, Class UE, 2.50%, 5/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126 | &nbsp;&nbsp;&nbsp;&nbsp; 123815 |
| &nbsp;&nbsp;&nbsp;Series 4623, Class SK, 0.88%, (3.49% - 30-day SOFR Average x 0.714), 10/15/46<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259 | &nbsp;&nbsp;&nbsp;&nbsp; 123988 |
| &nbsp;&nbsp;&nbsp;Series 4938, Class KZ, 2.50%, 12/25/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692 | &nbsp;&nbsp;&nbsp;&nbsp; 414336 |
| &nbsp;&nbsp;&nbsp;Series 5031, Class Z, 2.50%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp; 287 |
| &nbsp;&nbsp;&nbsp;Series 5039, Class ZJ, 2.00%, 11/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp; 47603 |
| &nbsp;&nbsp;&nbsp;Series 5071, Class CS, 0.00%, (3.30% - 30-day SOFR Average, Floor 0.00%), 2/25/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1266 | &nbsp;&nbsp;&nbsp;&nbsp; 519212 |
| &nbsp;&nbsp;&nbsp;Series 5093, Class Z, 3.00%, 1/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 40 |
| &nbsp;&nbsp;&nbsp;Series 5101, Class EZ, 2.00%, 3/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;&nbsp; 335378 |
| &nbsp;&nbsp;&nbsp;Series 5104, Class WZ, 3.00%, 4/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139 | &nbsp;&nbsp;&nbsp;&nbsp; 87380 |
| &nbsp;&nbsp;&nbsp;Series 5114, Class ZH, 3.00%, 5/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62 | &nbsp;&nbsp;&nbsp;&nbsp; 34344 |
| &nbsp;&nbsp;&nbsp;Series 5123, Class JZ, 2.00%, 7/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp;&nbsp;&nbsp; 57284 |
| &nbsp;&nbsp;&nbsp;Series 5129, Class HZ, 1.25%, 4/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172 | &nbsp;&nbsp;&nbsp;&nbsp; 70651 |
| &nbsp;&nbsp;&nbsp;Series 5300, Class EY, 6.00%, 12/25/52 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2064193 |
| &nbsp;&nbsp;&nbsp;Series 5324, Class MZ, 6.00%, 7/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;3939 | &nbsp;&nbsp;&nbsp;&nbsp; 4063065 |
| &nbsp;&nbsp;&nbsp;Series 5381, Class Z, 5.50%, 2/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;4526 | &nbsp;&nbsp;&nbsp;&nbsp; 4460403 |
| &nbsp;&nbsp;&nbsp;Series 5391, Class EZ, 5.50%, 3/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;4505 | &nbsp;&nbsp;&nbsp;&nbsp; 4516486 |
| &nbsp;&nbsp;&nbsp;Series 5453, Class DZ, 5.50%, 9/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;4383 | &nbsp;&nbsp;&nbsp;&nbsp; 4294320 |
| &nbsp;&nbsp;&nbsp;Series 5478, Class SG, 7.491%, (15.51% - 30-day SOFR Average x 2.20), 12/25/54<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1727 | &nbsp;&nbsp;&nbsp;&nbsp; 1728200 |
| &nbsp;&nbsp;&nbsp;Series 5481, Class HZ, 5.50%, 12/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;1621 | &nbsp;&nbsp;&nbsp;&nbsp; 1621689 |
| &nbsp;&nbsp;&nbsp;Series 5491, Class CZ, 5.50%, 1/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;1614 | &nbsp;&nbsp;&nbsp;&nbsp; 1611455 |
| &nbsp;&nbsp;&nbsp;Series 5500, Class ZG, 5.50%, 10/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;4284 | &nbsp;&nbsp;&nbsp;&nbsp; 4287624 |
| &nbsp;&nbsp;&nbsp;Series 5508, Class SC, 10.065%, (21.00% - 30-day SOFR Average x 3.00), 2/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2991 | &nbsp;&nbsp;&nbsp;&nbsp; 3261192 |
| &nbsp;&nbsp;&nbsp;Series 5535, Class MB, 7.695%, (30-day SOFR Average + 4.05%), 5/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2629 | &nbsp;&nbsp;&nbsp;&nbsp; 2678813 |
| &nbsp;&nbsp;&nbsp;Series 5563, Class TB, 8.25%, (21.15% - 30-day SOFR Average x 3.00), 6/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2293 | &nbsp;&nbsp;&nbsp;&nbsp; 2358303 |
| &nbsp;&nbsp;&nbsp;Series 5563, Class TV, 8.16%, (21.06% - 30-day SOFR Average x 3.00), 8/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2285 | &nbsp;&nbsp;&nbsp;&nbsp; 2354213 |
| &nbsp;&nbsp;&nbsp;Series 5660, Class SC, 8.531%, (18.563% - 30-day SOFR Average x 2.75), 5/25/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2132413 |
| &nbsp;&nbsp;&nbsp;Series 5662, Class SA, 8.022%, (16.06% - 30-day SOFR Average x 2.20), 5/25/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2090207 |
| Interest Only:<sup>(7)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 362, Class C12, 4.00%, 12/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;1665 | &nbsp;&nbsp;&nbsp;&nbsp; 332155 |
| &nbsp;&nbsp;&nbsp;Series 4749, Class IL, 4.00%, 12/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;603 | &nbsp;&nbsp;&nbsp;&nbsp; 123680 |
| &nbsp;&nbsp;&nbsp;Series 4756, Class KI, 4.00%, 1/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668 | &nbsp;&nbsp;&nbsp;&nbsp; 133662 |
| &nbsp;&nbsp;&nbsp;Series 4768, Class IO, 4.00%, 3/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp; 97621 |
| &nbsp;&nbsp;&nbsp;Series 4772, Class PI, 4.00%, 1/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708 | &nbsp;&nbsp;&nbsp;&nbsp; 141677 |
| &nbsp;&nbsp;&nbsp;Series 4966, Class SY, 2.29%, (5.936% - 30-day SOFR Average), 4/25/50<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1690 | &nbsp;&nbsp;&nbsp;&nbsp; 203673 |
| &nbsp;&nbsp;&nbsp;Series 5008, Class IE, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;3785 | &nbsp;&nbsp;&nbsp;&nbsp; 467107 |
| &nbsp;&nbsp;&nbsp;Series 5010, Class I, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;2850 | &nbsp;&nbsp;&nbsp;&nbsp; 353497 |
| &nbsp;&nbsp;&nbsp;Series 5010, Class IN, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;1990 | &nbsp;&nbsp;&nbsp;&nbsp; 245176 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 5010, Class NI, 2.00%, 9/25/50 | $&nbsp;&nbsp;&nbsp;&nbsp;2363 | &nbsp;&nbsp;$290317 |
| &nbsp;&nbsp;&nbsp;Series 5016, Class UI, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;2304 | &nbsp;&nbsp;&nbsp;&nbsp; 284302 |
| &nbsp;&nbsp;&nbsp;Series 5017, Class DI, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;4031 | &nbsp;&nbsp;&nbsp;&nbsp; 497528 |
| &nbsp;&nbsp;&nbsp;Series 5024, Class CI, 2.00%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;4304 | &nbsp;&nbsp;&nbsp;&nbsp; 529698 |
| &nbsp;&nbsp;&nbsp;Series 5025, Class GI, 2.00%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972 | &nbsp;&nbsp;&nbsp;&nbsp; 121663 |
| &nbsp;&nbsp;&nbsp;Series 5028, Class TI, 2.00%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;1182 | &nbsp;&nbsp;&nbsp;&nbsp; 108354 |
| &nbsp;&nbsp;&nbsp;Series 5038, Class DI, 2.00%, 11/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;6092 | &nbsp;&nbsp;&nbsp;&nbsp; 748151 |
| &nbsp;&nbsp;&nbsp;Series 5051, Class S, 0.00%, (3.60% - 30-day SOFR Average, Floor 0.00%), 12/25/50<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3726 | &nbsp;&nbsp;&nbsp;&nbsp; 87371 |
| &nbsp;&nbsp;&nbsp;Series 5070, Class CI, 2.00%, 2/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;7017 | &nbsp;&nbsp;&nbsp;&nbsp; 920772 |
| Principal Only:<sup>(8)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 246, Class PO, 0.00%, 5/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;856 | &nbsp;&nbsp;&nbsp;&nbsp; 710990 |
| &nbsp;&nbsp;&nbsp;Series 3435, Class PO, 0.00%, 4/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816 | &nbsp;&nbsp;&nbsp;&nbsp; 672735 |
| &nbsp;&nbsp;&nbsp;Series 4239, Class OU, 0.00%, 7/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319 | &nbsp;&nbsp;&nbsp;&nbsp; 197879 |
| Federal Home Loan Mortgage Corp. STACR REMICS Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-HQA3, Class B2, 11.26%, (30-day SOFR Average + 7.614%), 9/25/49<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1124923 |
| &nbsp;&nbsp;&nbsp;Series 2022-DNA4, Class B2, 13.895%, (30-day SOFR Average + 10.25%), 5/25/42<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2177115 |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2001-81, Class HE, 6.50%, 1/25/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97 | &nbsp;&nbsp;&nbsp;&nbsp; 99802 |
| &nbsp;&nbsp;&nbsp;Series 2012-133, Class WS, 0.651%, (3.696% - 30-day SOFR Average x 0.833), 12/25/42<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp; 192502 |
| &nbsp;&nbsp;&nbsp;Series 2012-134, Class ZT, 2.00%, 12/25/42 | &nbsp;&nbsp;&nbsp;&nbsp;1166 | &nbsp;&nbsp;&nbsp;&nbsp; 846225 |
| &nbsp;&nbsp;&nbsp;Series 2013-6, Class TY, 1.50%, 2/25/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp; 565921 |
| &nbsp;&nbsp;&nbsp;Series 2013-58, Class SC, 0.361%, (5.828% - 30-day SOFR Average x 1.50), 6/25/43<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323 | &nbsp;&nbsp;&nbsp;&nbsp; 188663 |
| &nbsp;&nbsp;&nbsp;Series 2020-63, Class ZN, 3.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102 | &nbsp;&nbsp;&nbsp;&nbsp; 58251 |
| &nbsp;&nbsp;&nbsp;Series 2023-12, Class LW, 6.00%, 4/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2061095 |
| &nbsp;&nbsp;&nbsp;Series 2023-13, Class LY, 6.00%, 4/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2061444 |
| &nbsp;&nbsp;&nbsp;Series 2023-14, Class EL, 6.00%, 4/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7231391 |
| &nbsp;&nbsp;&nbsp;Series 2024-105, Class KT, 0.125%, 1/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;2723 | &nbsp;&nbsp;&nbsp;&nbsp; 2277460 |
| &nbsp;&nbsp;&nbsp;Series 2025-7, Class EZ, 5.50%, 2/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;1607 | &nbsp;&nbsp;&nbsp;&nbsp; 1603489 |
| &nbsp;&nbsp;&nbsp;Series 2025-12, Class FM, 7.645%, (30-day SOFR Average + 4.00%), 3/25/55<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875 | &nbsp;&nbsp;&nbsp;&nbsp; 898980 |
| &nbsp;&nbsp;&nbsp;Series 2025-85, Class TH, 7.20%, (21.30% - 30-day SOFR Average x 3.00), 10/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3646 | &nbsp;&nbsp;&nbsp;&nbsp; 3717932 |
| &nbsp;&nbsp;&nbsp;Series 2025-85, Class TN, 6.60%, (36.60% - 30-day SOFR Average x 6.00), 10/25/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2396 | &nbsp;&nbsp;&nbsp;&nbsp; 2366478 |
| &nbsp;&nbsp;&nbsp;Series 2026-30, Class SA, 8.239%, (18.288% - 30-day SOFR Average x 2.75), 5/25/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2066261 |
| &nbsp;&nbsp;&nbsp;Series 2026-34, Class SA, 7.912%, (15.95% - 30-day SOFR Average x 2.20), 5/25/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2071058 |
| Interest Only:<sup>(7)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017-66, Class TI, 0.05%, (5.936% - 30-day SOFR Average, Cap 0.05%), 10/25/42<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8895 | &nbsp;&nbsp;&nbsp;&nbsp; 24745 |
| &nbsp;&nbsp;&nbsp;Series 2018-21, Class IO, 3.00%, 4/25/48 | &nbsp;&nbsp;&nbsp;&nbsp;1881 | &nbsp;&nbsp;&nbsp;&nbsp; 304469 |
| &nbsp;&nbsp;&nbsp;Series 2019-1, Class SA, 1.64%, (5.286% - 30-day SOFR Average), 2/25/49<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946 | &nbsp;&nbsp;&nbsp;&nbsp; 51224 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-23, Class SP, 2.29%, (5.936% - 30-day SOFR Average), 2/25/50<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;1723 | &nbsp;&nbsp;$209011 |
| &nbsp;&nbsp;&nbsp;Series 2020-45, Class HI, 2.50%, 7/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;2624 | &nbsp;&nbsp;&nbsp;&nbsp; 383452 |
| &nbsp;&nbsp;&nbsp;Series 2020-45, Class IJ, 2.50%, 7/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;4059 | &nbsp;&nbsp;&nbsp;&nbsp; 584795 |
| &nbsp;&nbsp;&nbsp;Series 2020-73, Class NI, 2.00%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612 | &nbsp;&nbsp;&nbsp;&nbsp; 76754 |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class KI, 2.50%, 2/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;5622 | &nbsp;&nbsp;&nbsp;&nbsp; 827985 |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class LI, 2.50%, 2/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;5555 | &nbsp;&nbsp;&nbsp;&nbsp; 801655 |
| &nbsp;&nbsp;&nbsp;Series 2021-4, Class AI, 2.00%, 12/25/49 | &nbsp;&nbsp;&nbsp;&nbsp;8025 | &nbsp;&nbsp;&nbsp;&nbsp; 941142 |
| &nbsp;&nbsp;&nbsp;Series 2021-10, Class EI, 2.00%, 3/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;3297 | &nbsp;&nbsp;&nbsp;&nbsp; 442903 |
| Principal Only:<sup>(8)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 379, Class 1, 0.00%, 5/25/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;560 | &nbsp;&nbsp;&nbsp;&nbsp; 465849 |
| &nbsp;&nbsp;&nbsp;Series 2014-9, Class DO, 0.00%, 2/25/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455 | &nbsp;&nbsp;&nbsp;&nbsp; 373329 |
| &nbsp;&nbsp;&nbsp;Series 2014-17, Class PO, 0.00%, 4/25/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844 | &nbsp;&nbsp;&nbsp;&nbsp; 613033 |
| &nbsp;&nbsp;&nbsp;Series 2023-55, Class OE, 0.00%, 11/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;3319 | &nbsp;&nbsp;&nbsp;&nbsp; 2762299 |
| Government National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-168, Class JS, 0.246%, (4.336% - 1 mo. SOFR x 1.116), 11/20/46<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;&nbsp;&nbsp; 16748 |
| &nbsp;&nbsp;&nbsp;Series 2017-137, Class AF, 4.276%, (1 mo. SOFR + 0.614%), 9/20/47<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;696 | &nbsp;&nbsp;&nbsp;&nbsp; 668217 |
| &nbsp;&nbsp;&nbsp;Series 2020-84, Class BZ, 2.50%, 6/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726 | &nbsp;&nbsp;&nbsp;&nbsp; 394925 |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class ZD, 3.00%, 1/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp; 87519 |
| &nbsp;&nbsp;&nbsp;Series 2021-49, Class VZ, 2.50%, 3/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp; 1160 |
| &nbsp;&nbsp;&nbsp;Series 2021-77, Class ZG, 3.00%, 7/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp; 29127 |
| &nbsp;&nbsp;&nbsp;Series 2021-114, Class JZ, 3.00%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp;&nbsp;&nbsp; 118545 |
| &nbsp;&nbsp;&nbsp;Series 2021-121, Class ZE, 2.50%, 7/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp; 18755 |
| &nbsp;&nbsp;&nbsp;Series 2021-131, Class ZN, 3.00%, 7/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 215545 |
| &nbsp;&nbsp;&nbsp;Series 2021-137, Class GZ, 2.50%, 8/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;2216 | &nbsp;&nbsp;&nbsp;&nbsp; 1397818 |
| &nbsp;&nbsp;&nbsp;Series 2021-139, Class ZJ, 2.50%, 8/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;1815 | &nbsp;&nbsp;&nbsp;&nbsp; 1110380 |
| &nbsp;&nbsp;&nbsp;Series 2021-156, Class GZ, 3.00%, 9/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;1804 | &nbsp;&nbsp;&nbsp;&nbsp; 1310388 |
| &nbsp;&nbsp;&nbsp;Series 2021-214, Class LZ, 3.00%, 12/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;1139 | &nbsp;&nbsp;&nbsp;&nbsp; 819791 |
| &nbsp;&nbsp;&nbsp;Series 2022-173, Class S, 9.386%, (22.733% - 30-day SOFR Average x 3.667), 10/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1059 | &nbsp;&nbsp;&nbsp;&nbsp; 1141287 |
| &nbsp;&nbsp;&nbsp;Series 2022-189, Class US, 9.386%, (22.733% - 30-day SOFR Average x 3.667), 11/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1266 | &nbsp;&nbsp;&nbsp;&nbsp; 1368137 |
| &nbsp;&nbsp;&nbsp;Series 2022-195, Class AS, 9.657%, (23.125% - 30-day SOFR Average x 3.70), 11/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 771830 |
| &nbsp;&nbsp;&nbsp;Series 2022-197, Class SW, 7.584%, (16.32% - 30-day SOFR Average x 2.40), 11/20/52<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935 | &nbsp;&nbsp;&nbsp;&nbsp; 957586 |
| &nbsp;&nbsp;&nbsp;Series 2023-53, Class AL, 5.50%, 4/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4060429 |
| &nbsp;&nbsp;&nbsp;Series 2023-53, Class SE, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 4/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1466 | &nbsp;&nbsp;&nbsp;&nbsp; 1556451 |
| &nbsp;&nbsp;&nbsp;Series 2023-63, Class LB, 6.00%, 5/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3103191 |
| &nbsp;&nbsp;&nbsp;Series 2023-63, Class S, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991 | &nbsp;&nbsp;&nbsp;&nbsp; 1051928 |
| &nbsp;&nbsp;&nbsp;Series 2023-64, Class LB, 6.00%, 5/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;1224 | &nbsp;&nbsp;&nbsp;&nbsp; 1265782 |
| &nbsp;&nbsp;&nbsp;Series 2023-65, Class G, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1394 | &nbsp;&nbsp;&nbsp;&nbsp; 1496937 |
| &nbsp;&nbsp;&nbsp;Series 2023-65, Class SB, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1103 | &nbsp;&nbsp;&nbsp;&nbsp; 1159034 |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-66, Class S, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497 | &nbsp;&nbsp;$526756 |
| &nbsp;&nbsp;&nbsp;Series 2023-82, Class AL, 6.00%, 6/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6206873 |
| &nbsp;&nbsp;&nbsp;Series 2023-84, Class MW, 6.00%, 6/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3609200 |
| &nbsp;&nbsp;&nbsp;Series 2023-84, Class SN, 9.028%, (22.387% - 30-day SOFR Average x 3.67), 6/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996 | &nbsp;&nbsp;&nbsp;&nbsp; 1049985 |
| &nbsp;&nbsp;&nbsp;Series 2023-96, Class BL, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2584926 |
| &nbsp;&nbsp;&nbsp;Series 2023-96, Class DB, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2585671 |
| &nbsp;&nbsp;&nbsp;Series 2023-97, Class CB, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3083987 |
| &nbsp;&nbsp;&nbsp;Series 2023-98, Class BW, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1551337 |
| &nbsp;&nbsp;&nbsp;Series 2023-98, Class JB, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3102388 |
| &nbsp;&nbsp;&nbsp;Series 2023-99, Class AL, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4137019 |
| &nbsp;&nbsp;&nbsp;Series 2023-117, Class JB, 6.00%, 8/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2068236 |
| &nbsp;&nbsp;&nbsp;Series 2023-150, Class AS, 13.513%, (27.528% - 30-day SOFR Average x 3.85), 10/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;815 | &nbsp;&nbsp;&nbsp;&nbsp; 949374 |
| &nbsp;&nbsp;&nbsp;Series 2023-164, Class EL, 6.00%, 11/20/53<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5155334 |
| &nbsp;&nbsp;&nbsp;Series 2023-164, Class LD, 6.50%, 11/20/53<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4778 | &nbsp;&nbsp;&nbsp;&nbsp; 4965033 |
| &nbsp;&nbsp;&nbsp;Series 2023-165, Class DY, 6.00%, 11/20/53<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9967 | &nbsp;&nbsp;&nbsp;&nbsp; 10235442 |
| &nbsp;&nbsp;&nbsp;Series 2023-165, Class EY, 6.50%, 11/20/53<sup>(9)</sup> | 19000 | &nbsp;&nbsp;&nbsp;&nbsp; 19759051 |
| &nbsp;&nbsp;&nbsp;Series 2023-173, Class AX, 6.00%, 11/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5155370 |
| &nbsp;&nbsp;&nbsp;Series 2023-182, Class EL, 6.00%, 12/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2577155 |
| &nbsp;&nbsp;&nbsp;Series 2024-148, Class LZ, 5.50%, 9/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;2182 | &nbsp;&nbsp;&nbsp;&nbsp; 2162672 |
| &nbsp;&nbsp;&nbsp;Series 2024-196, Class Z, 5.50%, 12/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;1076 | &nbsp;&nbsp;&nbsp;&nbsp; 1060523 |
| &nbsp;&nbsp;&nbsp;Series 2025-62, Class FM, 7.84%, (30-day SOFR Average + 4.20%), 4/20/55<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1147 | &nbsp;&nbsp;&nbsp;&nbsp; 1174054 |
| &nbsp;&nbsp;&nbsp;Series 2025-63, Class FT, 8.00%, (26.40% - 30-day SOFR Average x 4.00, Cap 8.00%), 4/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1233 | &nbsp;&nbsp;&nbsp;&nbsp; 1254982 |
| &nbsp;&nbsp;&nbsp;Series 2025-82, Class FL, 8.14%, (30-day SOFR Average + 4.50%), 5/20/55<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1334 | &nbsp;&nbsp;&nbsp;&nbsp; 1362665 |
| &nbsp;&nbsp;&nbsp;Series 2025-83, Class MU, 7.94%, (30-day SOFR Average + 4.30%), 4/20/55<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;618 | &nbsp;&nbsp;&nbsp;&nbsp; 628302 |
| &nbsp;&nbsp;&nbsp;Series 2025-90, Class MB, 7.94%, (30-day SOFR Average + 4.30%), 5/20/55<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2471 | &nbsp;&nbsp;&nbsp;&nbsp; 2513208 |
| &nbsp;&nbsp;&nbsp;Series 2025-98, Class GT, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 6/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2813 | &nbsp;&nbsp;&nbsp;&nbsp; 2940223 |
| &nbsp;&nbsp;&nbsp;Series 2025-105, Class TM, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 6/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2813 | &nbsp;&nbsp;&nbsp;&nbsp; 2930843 |
| &nbsp;&nbsp;&nbsp;Series 2025-114, Class GT, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 7/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2831 | &nbsp;&nbsp;&nbsp;&nbsp; 2947889 |
| &nbsp;&nbsp;&nbsp;Series 2025-139, Class MT, 6.94%, (30-day SOFR Average + 3.30%), 4/20/55<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1129 | &nbsp;&nbsp;&nbsp;&nbsp; 1147618 |
| &nbsp;&nbsp;&nbsp;Series 2025-174, Class TC, 7.60%, (26.40% - 30-day SOFR Average x 4.00), 10/20/55<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1973 | &nbsp;&nbsp;&nbsp;&nbsp; 2022845 |
| &nbsp;&nbsp;&nbsp;Series 2026-5, Class QS, 10.229%, (30.25% - 30-day SOFR Average x 5.50), 1/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7433 | &nbsp;&nbsp;&nbsp;&nbsp; 8078378 |
| &nbsp;&nbsp;&nbsp;Series 2026-44, Class LS, 9.57%, (22.917% - 30-day SOFR Average x 3.667), 3/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3990 | &nbsp;&nbsp;&nbsp;&nbsp; 4252578 |
| &nbsp;&nbsp;&nbsp;Series 2026-63, Class SW, 9.198%, (21.95% - 30-day SOFR Average x 3.50), 4/20/56<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4290590 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only:<sup>(7)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013-66, Class IE, 0.05%, (6.636% - 1 mo. SOFR x 1.00, Cap 0.05%), 7/20/42<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;4846 | &nbsp;&nbsp;$9487 |
| &nbsp;&nbsp;&nbsp;Series 2014-94, Class IC, 0.10%, (6.286% - 1 mo. SOFR x 1.00, Cap 0.10%), 9/20/35<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6417 | &nbsp;&nbsp;&nbsp;&nbsp; 17926 |
| &nbsp;&nbsp;&nbsp;Series 2014-100, Class VI, 0.15%, (6.486% - 1 mo. SOFR x 1.00, Cap 0.15%), 5/20/40<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2923 | &nbsp;&nbsp;&nbsp;&nbsp; 13341 |
| &nbsp;&nbsp;&nbsp;Series 2014-139, Class BI, 0.25%, (6.536% - 1 mo. SOFR x 1.00, Cap 0.25%), 11/20/37<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1303 | &nbsp;&nbsp;&nbsp;&nbsp; 6346 |
| &nbsp;&nbsp;&nbsp;Series 2018-127, Class SG, 2.475%, (6.136% - 1 mo. SOFR), 9/20/48<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2197 | &nbsp;&nbsp;&nbsp;&nbsp; 233617 |
| &nbsp;&nbsp;&nbsp;Series 2019-27, Class SA, 2.275%, (5.936% - 1 mo. SOFR), 2/20/49<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1490 | &nbsp;&nbsp;&nbsp;&nbsp; 151515 |
| &nbsp;&nbsp;&nbsp;Series 2019-38, Class SQ, 2.275%, (5.936% - 1 mo. SOFR), 3/20/49<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1929 | &nbsp;&nbsp;&nbsp;&nbsp; 205331 |
| &nbsp;&nbsp;&nbsp;Series 2019-43, Class BS, 2.275%, (5.936% - 1 mo. SOFR), 4/20/49<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2710 | &nbsp;&nbsp;&nbsp;&nbsp; 273706 |
| &nbsp;&nbsp;&nbsp;Series 2020-32, Class KI, 3.50%, 3/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;3010 | &nbsp;&nbsp;&nbsp;&nbsp; 474637 |
| &nbsp;&nbsp;&nbsp;Series 2020-65, Class MI, 2.50%, 12/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;2205 | &nbsp;&nbsp;&nbsp;&nbsp; 282907 |
| &nbsp;&nbsp;&nbsp;Series 2020-97, Class MI, 2.50%, 3/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;1423 | &nbsp;&nbsp;&nbsp;&nbsp; 193661 |
| &nbsp;&nbsp;&nbsp;Series 2020-146, Class IQ, 2.00%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;8613 | &nbsp;&nbsp;&nbsp;&nbsp; 1069531 |
| &nbsp;&nbsp;&nbsp;Series 2020-146, Class QI, 2.00%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;4596 | &nbsp;&nbsp;&nbsp;&nbsp; 564248 |
| &nbsp;&nbsp;&nbsp;Series 2020-149, Class NI, 2.50%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;9104 | &nbsp;&nbsp;&nbsp;&nbsp; 1408124 |
| &nbsp;&nbsp;&nbsp;Series 2020-165, Class UI, 2.00%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;3799 | &nbsp;&nbsp;&nbsp;&nbsp; 470642 |
| &nbsp;&nbsp;&nbsp;Series 2020-167, Class KI, 2.00%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;5956 | &nbsp;&nbsp;&nbsp;&nbsp; 739368 |
| &nbsp;&nbsp;&nbsp;Series 2020-167, Class YI, 2.00%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;4825 | &nbsp;&nbsp;&nbsp;&nbsp; 613102 |
| &nbsp;&nbsp;&nbsp;Series 2020-173, Class DI, 2.00%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;7173 | &nbsp;&nbsp;&nbsp;&nbsp; 911154 |
| &nbsp;&nbsp;&nbsp;Series 2020-181, Class TI, 2.00%, 12/20/50 | 12252 | &nbsp;&nbsp;&nbsp;&nbsp; 1560251 |
| &nbsp;&nbsp;&nbsp;Series 2021-23, Class TI, 2.50%, 2/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;5756 | &nbsp;&nbsp;&nbsp;&nbsp; 873874 |
| &nbsp;&nbsp;&nbsp;Series 2021-56, Class SD, 0.00%, (2.30% - 30-day SOFR Average, Floor 0.00%), 9/20/50<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3638 | &nbsp;&nbsp;&nbsp;&nbsp; 19193 |
| &nbsp;&nbsp;&nbsp;Series 2021-114, Class MI, 3.00%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;3851 | &nbsp;&nbsp;&nbsp;&nbsp; 659937 |
| &nbsp;&nbsp;&nbsp;Series 2021-122, Class NI, 3.00%, 7/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;2649 | &nbsp;&nbsp;&nbsp;&nbsp; 454276 |
| &nbsp;&nbsp;&nbsp;Series 2021-125, Class SA, 0.00%, (3.636% - 1 mo. SOFR, Floor 0.00%), 7/20/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3287 | &nbsp;&nbsp;&nbsp;&nbsp; 72469 |
| &nbsp;&nbsp;&nbsp;Series 2021-131, Class QI, 3.00%, 7/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;4820 | &nbsp;&nbsp;&nbsp;&nbsp; 626525 |
| &nbsp;&nbsp;&nbsp;Series 2021-140, Class YS, 0.00%, (1.586% - 1 mo. SOFR, Floor 0.00%), 8/20/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2813 | &nbsp;&nbsp;&nbsp;&nbsp; 5808 |
| &nbsp;&nbsp;&nbsp;Series 2021-175, Class AS, 0.00%, (1.686% - 1 mo. SOFR, Floor 0.00%), 10/20/51<sup>(5)</sup> | 14306 | &nbsp;&nbsp;&nbsp;&nbsp; 33627 |
| &nbsp;&nbsp;&nbsp;Series 2021-175, Class SB, 0.00%, (1.686% - 1 mo. SOFR, Floor 0.00%), 10/20/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7216 | &nbsp;&nbsp;&nbsp;&nbsp; 16942 |
| &nbsp;&nbsp;&nbsp;Series 2021-193, Class IU, 3.00%, 11/20/49 | 10661 | &nbsp;&nbsp;&nbsp;&nbsp; 1518605 |
| &nbsp;&nbsp;&nbsp;Series 2021-193, Class YS, 0.00%, (2.45% - 30-day SOFR Average, Floor 0.00%), 11/20/51<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6748 | &nbsp;&nbsp;&nbsp;&nbsp; 41831 |
| &nbsp;&nbsp;&nbsp;Series 2021-196, Class GI, 3.00%, 11/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;5048 | &nbsp;&nbsp;&nbsp;&nbsp; 820885 |
| &nbsp;&nbsp;&nbsp;Series 2022-119, Class CS, 0.00%, (3.00% - 30-day SOFR Average, Floor 0.00%), 7/20/52<sup>(5)</sup> | 34540 | &nbsp;&nbsp;&nbsp;&nbsp; 168999 |
| &nbsp;&nbsp;&nbsp;Series 2022-126, Class AS, 0.05%, (3.69% - 30-day SOFR Average), 7/20/52<sup>(5)</sup> | 10300 | &nbsp;&nbsp;&nbsp;&nbsp; 119336 |
| &nbsp;&nbsp;&nbsp;Series 2022-135, Class SA, 0.00%, (3.00% - 30-day SOFR Average, Floor 0.00%), 6/20/52<sup>(5)</sup> | 14453 | &nbsp;&nbsp;&nbsp;&nbsp; 87900 |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-13, Class SA, 1.76%, (5.40% - 30-day SOFR Average), 1/20/53<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;2615 | &nbsp;&nbsp;$104456 |
| &nbsp;&nbsp;&nbsp;Series 2023-19, Class SD, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2288 | &nbsp;&nbsp;&nbsp;&nbsp; 153400 |
| &nbsp;&nbsp;&nbsp;Series 2023-20, Class HS, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2388 | &nbsp;&nbsp;&nbsp;&nbsp; 159120 |
| &nbsp;&nbsp;&nbsp;Series 2023-22, Class ES, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3608 | &nbsp;&nbsp;&nbsp;&nbsp; 240448 |
| &nbsp;&nbsp;&nbsp;Series 2023-22, Class SA, 2.06%, (5.70% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1637 | &nbsp;&nbsp;&nbsp;&nbsp; 78580 |
| &nbsp;&nbsp;&nbsp;Series 2023-24, Class SB, 1.51%, (5.15% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7216 | &nbsp;&nbsp;&nbsp;&nbsp; 260834 |
| &nbsp;&nbsp;&nbsp;Series 2023-24, Class SG, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3608 | &nbsp;&nbsp;&nbsp;&nbsp; 240448 |
| &nbsp;&nbsp;&nbsp;Series 2023-32, Class SA, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6765 | &nbsp;&nbsp;&nbsp;&nbsp; 450840 |
| &nbsp;&nbsp;&nbsp;Series 2023-38, Class LS, 2.66%, (6.30% - 30-day SOFR Average), 3/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2233 | &nbsp;&nbsp;&nbsp;&nbsp; 145622 |
| &nbsp;&nbsp;&nbsp;Series 2023-47, Class HS, 2.66%, (6.30% - 30-day SOFR Average), 3/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;&nbsp;&nbsp; 48055 |
| &nbsp;&nbsp;&nbsp;Series 2023-47, Class SC, 2.61%, (6.25% - 30-day SOFR Average), 3/20/53<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1121 | &nbsp;&nbsp;&nbsp;&nbsp; 72243 |
| &nbsp;&nbsp;&nbsp;Series 2023-89, Class SE, 2.41%, (6.05% - 30-day SOFR Average), 6/20/53<sup>(5)</sup> | 19995 | &nbsp;&nbsp;&nbsp;&nbsp; 1107361 |
| &nbsp;&nbsp;&nbsp;Series 2024-64, Class EI, 6.50%, 4/20/64 | &nbsp;&nbsp;&nbsp;&nbsp;2538 | &nbsp;&nbsp;&nbsp;&nbsp; 429888 |
| JPM Lending Facility, 10.649%, (SOFR + 7.00%), 7/15/29<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2888 | &nbsp;&nbsp;&nbsp;&nbsp; 2897603 |
| Mello Warehouse Securitization Trust, Series 2025-1, Class F, 10.154%, (1 mo. SOFR + 6.50%), 5/25/59<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2010398 |
| Unison Trust, Series 2021-1, Class A, 6.50%, 4/25/50<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7846 | &nbsp;&nbsp;&nbsp;&nbsp; 7454053 |
| Total Collateralized Mortgage Obligations<br> (identified cost $288,307,984) |  | &nbsp;&nbsp;**$282273409** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Government National Mortgage Association Participation Agreements — 3.5%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association Participation Agreements, 5.399%, 1/1/59<sup>(10)</sup> | $12648 | &nbsp;&nbsp;$12709410 |
| Government National Mortgage Association Participation Agreements, Mezzanine Tranche, 7.899%, 9/10/27 | &nbsp;&nbsp;&nbsp;&nbsp;2553 | &nbsp;&nbsp;&nbsp;&nbsp; 2574481 |
| Total Government National Mortgage Association Participation Agreements<br> (identified cost $15,201,107) |  | &nbsp;&nbsp;**$15283891** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Agency Commercial Mortgage-Backed Securities — 0.5%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| FRESB Mortgage Trust: |  |  |
| Interest Only:<sup>(7)</sup><br> Series 2021-SB91, Class X1, 0.659%, 8/25/41<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;4211 | &nbsp;&nbsp;$107453 |
| Government National Mortgage Association: |  |  |
| Interest Only:<sup>(7)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-101, Class IO, 0.664%, 4/16/63<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8190 | &nbsp;&nbsp;&nbsp;&nbsp; 396288 |
| &nbsp;&nbsp;&nbsp;Series 2021-132, Class IO, 0.71%, 4/16/63<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8038 | &nbsp;&nbsp;&nbsp;&nbsp; 409602 |
| &nbsp;&nbsp;&nbsp;Series 2021-144, Class IO, 0.821%, 4/16/63<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7987 | &nbsp;&nbsp;&nbsp;&nbsp; 471471 |
| &nbsp;&nbsp;&nbsp;Series 2021-186, Class IO, 0.763%, 5/16/63<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8483 | &nbsp;&nbsp;&nbsp;&nbsp; 461849 |
| &nbsp;&nbsp;&nbsp;Series 2022-3, Class IO, 0.64%, 2/16/61<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9190 | &nbsp;&nbsp;&nbsp;&nbsp; 428103 |
| Total U.S. Government Agency Commercial Mortgage-Backed Securities<br> (identified cost $2,798,364) |  | &nbsp;&nbsp;**$2274766** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Agency Mortgage-Backed Securities — 51.5%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;3.99%, (COF + 1.254%), with maturity at 2034<sup>(11)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38 | &nbsp;&nbsp;$37549 |
| &nbsp;&nbsp;&nbsp;4.231%, (COF + 1.254%), with maturity at 2035<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp; 68509 |
| &nbsp;&nbsp;&nbsp;4.50%, with maturity at 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308 | &nbsp;&nbsp;&nbsp;&nbsp; 304698 |
| &nbsp;&nbsp;&nbsp;5.00%, with maturity at 2052 | &nbsp;&nbsp;&nbsp;&nbsp;3760 | &nbsp;&nbsp;&nbsp;&nbsp; 3681242 |
| &nbsp;&nbsp;&nbsp;5.50%, with various maturities to 2053 | &nbsp;&nbsp;&nbsp;&nbsp;2719 | &nbsp;&nbsp;&nbsp;&nbsp; 2755920 |
| &nbsp;&nbsp;&nbsp;6.00%, with various maturities to 2053 | &nbsp;&nbsp;&nbsp;&nbsp;4019 | &nbsp;&nbsp;&nbsp;&nbsp; 4133641 |
| &nbsp;&nbsp;&nbsp;6.027%, (1 yr. CMT + 2.251%), with maturity at 2038<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222 | &nbsp;&nbsp;&nbsp;&nbsp; 228507 |
| &nbsp;&nbsp;&nbsp;6.083%, (1 yr. CMT + 2.238%), with maturity at 2036<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238 | &nbsp;&nbsp;&nbsp;&nbsp; 244546 |
| &nbsp;&nbsp;&nbsp;6.50%, with various maturities to 2053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659 | &nbsp;&nbsp;&nbsp;&nbsp; 694021 |
| &nbsp;&nbsp;&nbsp;9.00%, with maturity at 2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 45 |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;3.978%, (COF + 1.25%), with maturity at 2026<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp; 2636 |
| &nbsp;&nbsp;&nbsp;3.982%, (COF + 1.254%), with various maturities to 2035<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121 | &nbsp;&nbsp;&nbsp;&nbsp; 119392 |
| &nbsp;&nbsp;&nbsp;3.99%, (COF + 1.254%), with maturity at 2034<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 14890 |
| &nbsp;&nbsp;&nbsp;4.054%, (COF + 1.274%), with maturity at 2033<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107 | &nbsp;&nbsp;&nbsp;&nbsp; 105146 |
| &nbsp;&nbsp;&nbsp;4.065%, (COF + 1.291%), with maturity at 2035<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39 | &nbsp;&nbsp;&nbsp;&nbsp; 38400 |
| &nbsp;&nbsp;&nbsp;4.082%, (COF + 1.302%), with maturity at 2033<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67 | &nbsp;&nbsp;&nbsp;&nbsp; 65614 |
| &nbsp;&nbsp;&nbsp;4.305%, (COF + 1.261%), with maturity at 2036<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp; 49578 |
| &nbsp;&nbsp;&nbsp;4.364%, (COF + 1.332%), with maturity at 2036<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94 | &nbsp;&nbsp;&nbsp;&nbsp; 92345 |
| &nbsp;&nbsp;&nbsp;4.588%, (COF + 1.852%), with maturity at 2034<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66 | &nbsp;&nbsp;&nbsp;&nbsp; 66261 |
| &nbsp;&nbsp;&nbsp;4.605%, (COF + 1.26%), with maturity at 2036<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp; 9734 |
| &nbsp;&nbsp;&nbsp;4.83%, (COF + 1.737%), with maturity at 2035<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234 | &nbsp;&nbsp;&nbsp;&nbsp; 232886 |
| &nbsp;&nbsp;&nbsp;4.964%, (1 Yr. MTA + 1.164%), with maturity at 2044<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112 | &nbsp;&nbsp;&nbsp;&nbsp; 111974 |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.974%, (COF + 1.80%), with maturity at 2036<sup>(11)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845 | &nbsp;&nbsp;$839482 |
| &nbsp;&nbsp;&nbsp;5.00%, with maturity at 2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp; 8951 |
| &nbsp;&nbsp;&nbsp;5.50%, with various maturities to 2052 | &nbsp;&nbsp;&nbsp;&nbsp;3554 | &nbsp;&nbsp;&nbsp;&nbsp; 3610693 |
| &nbsp;&nbsp;&nbsp;5.908%, (1 yr. CMT + 2.10%), with maturity at 2040<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98 | &nbsp;&nbsp;&nbsp;&nbsp; 101287 |
| &nbsp;&nbsp;&nbsp;6.00%, with various maturities to 2053 | &nbsp;&nbsp;&nbsp;&nbsp;6191 | &nbsp;&nbsp;&nbsp;&nbsp; 6371858 |
| &nbsp;&nbsp;&nbsp;6.50%, with various maturities to 2053 | &nbsp;&nbsp;&nbsp;&nbsp;4008 | &nbsp;&nbsp;&nbsp;&nbsp; 4193682 |
| &nbsp;&nbsp;&nbsp;8.449%, with maturity at 2030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 47 |
| &nbsp;&nbsp;&nbsp;8.50%, with maturity at 2037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | &nbsp;&nbsp;&nbsp;&nbsp; 17293 |
| Government National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, with maturity at 2050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;427 | &nbsp;&nbsp;&nbsp;&nbsp; 394514 |
| &nbsp;&nbsp;&nbsp;4.00%, with various maturities to 2049 | &nbsp;&nbsp;&nbsp;&nbsp;1089 | &nbsp;&nbsp;&nbsp;&nbsp; 1027590 |
| &nbsp;&nbsp;&nbsp;5.00%, with various maturities to 2052 | &nbsp;&nbsp;&nbsp;&nbsp;4347 | &nbsp;&nbsp;&nbsp;&nbsp; 4355512 |
| &nbsp;&nbsp;&nbsp;5.00%, with maturity at 2052<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3319 | &nbsp;&nbsp;&nbsp;&nbsp; 3327660 |
| &nbsp;&nbsp;&nbsp;5.125%, (1 yr. CMT + 1.50%), with various maturities to 2027<sup>(11)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 15209 |
| &nbsp;&nbsp;&nbsp;5.50%, with various maturities to 2053<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2992 | &nbsp;&nbsp;&nbsp;&nbsp; 3068806 |
| &nbsp;&nbsp;&nbsp;5.50%, with maturity at 2055<sup>(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3313 | &nbsp;&nbsp;&nbsp;&nbsp; 3342313 |
| &nbsp;&nbsp;&nbsp;5.50%, with various maturities to 2063 | 27599 | &nbsp;&nbsp;&nbsp;&nbsp; 28183504 |
| &nbsp;&nbsp;&nbsp;6.00%, with various maturities to 2053<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5470 | &nbsp;&nbsp;&nbsp;&nbsp; 5679620 |
| &nbsp;&nbsp;&nbsp;6.00%, with various maturities to 2063 | 37755 | &nbsp;&nbsp;&nbsp;&nbsp; 39158803 |
| &nbsp;&nbsp;&nbsp;6.50%, with maturity at 2062<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1593 | &nbsp;&nbsp;&nbsp;&nbsp; 1665809 |
| &nbsp;&nbsp;&nbsp;6.50%, with various maturities to 2066 | 29991 | &nbsp;&nbsp;&nbsp;&nbsp; 31531254 |
| &nbsp;&nbsp;&nbsp;7.00%, with various maturities to 2062 | 11703 | &nbsp;&nbsp;&nbsp;&nbsp; 12259818 |
| &nbsp;&nbsp;&nbsp;7.50%, with maturity at 2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179 | &nbsp;&nbsp;&nbsp;&nbsp; 187256 |
| Uniform Mortgage-Backed Security: |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 30-Year, TBA<sup>(13)</sup> | 23580 | &nbsp;&nbsp;&nbsp;&nbsp; 20659471 |
| &nbsp;&nbsp;&nbsp;5.00%, 30-Year, TBA<sup>(13)</sup> | 17800 | &nbsp;&nbsp;&nbsp;&nbsp; 17553859 |
| &nbsp;&nbsp;&nbsp;5.50%, 30-Year, TBA<sup>(13)</sup> | 21000 | &nbsp;&nbsp;&nbsp;&nbsp; 21110168 |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (identified cost $220,103,552) |  | &nbsp;&nbsp;**$221721993** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Guaranteed Small Business Administration Loans — 0.1%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| SBA IO Trust: |  |  |
| Interest Only:<sup>(14)(15)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-4, Class A, 1.125%, 2/25/44<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;9292 | &nbsp;&nbsp;$384430 |
| Total U.S. Government Guaranteed Small Business Administration Loans<br> (identified cost $3,700,637) |  | &nbsp;&nbsp;**$384430** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 0.4%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills, 0.00%, 6/4/26<sup>(12)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;1780 | &nbsp;&nbsp;$1773963 |
| Total Short-Term Investments<br> (identified cost $1,773,989) |  | &nbsp;&nbsp;**$1773963** |
| Total Investments — 123.4%<br> (identified cost $538,390,515) |  | &nbsp;&nbsp;**$531333055** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| TBA Sale Commitments — (4.9)% |
| U.S. Government Agency Mortgage-Backed Securities — (4.9)% |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association, 3.00%, 30-Year, TBA<sup>(13)</sup> | $(23580) | &nbsp;&nbsp;$(20990805) |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (proceeds $21,171,845) |  | &nbsp;&nbsp;**$(20990805)** |
| Total TBA Sale Commitments<br> (proceeds $21,171,845) |  | &nbsp;&nbsp;**$(20990805)** |
| Other Assets, Less Liabilities — (18.5)% |  | &nbsp;&nbsp;**$(79852498)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$430489752** |

---

---

| | |
|:---|:---|
| 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> | 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 April 30, 2026, the aggregate value of these securities is $34,980,895 or 8.1% of the Fund's net assets. |
| <sup>(2)</sup> | Step coupon security. Interest rate represents the rate in effect at April 30, 2026. |
| <sup>(3)</sup> | Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026. |
| <sup>(4)</sup> | Weighted average fixed-rate coupon that changes/updates monthly. Rate shown is the rate at April 30, 2026. |
| <sup>(5)</sup> | Inverse floating-rate security whose coupon varies inversely with changes in the interest rate index. The stated interest rate represents the coupon rate in effect at April 30, 2026. |
| <sup>(6)</sup> | Principal amount is less than $500. |
| <sup>(7)</sup> | Interest only security that entitles the holder to receive only interest payments on the underlying mortgages. Principal amount shown is the notional amount of the underlying mortgages on which coupon interest is calculated. |

---

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

<sup>(8)</sup> Principal only security that entitles the holder to receive only principal payments on the underlying mortgages.

<sup>(9)</sup> Security (or a portion thereof) has been pledged for the benefit of the counterparty for reverse repurchase agreements.

<sup>(10)</sup> Represents a participation interest, through a participation agreement with a financial institution, in mortgage loans guaranteed by Government National Mortgage Association.

<sup>(11)</sup> Adjustable rate mortgage security whose interest rate generally adjusts monthly based on a weighted average of interest rates on the underlying mortgages. The coupon rate may not reflect the applicable index value as interest rates on the underlying mortgages may adjust on various dates and at various intervals and may be subject to lifetime ceilings and lifetime floors and lookback periods. Rate shown is the coupon rate at April 30, 2026.

<sup>(12)</sup> Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts.

<sup>(13)</sup> TBA (To Be Announced) securities are purchased or sold on a forward commitment basis with an approximate principal amount and maturity date. The actual principal amount, which is not expected to differ significantly from the commitment amount, and maturity date are determined upon settlement.

<sup>(14)</sup> Interest only security that entitles the holder to receive only a portion of the interest payments on the underlying loans. Principal amount shown is the notional amount of the underlying loans on which coupon interest is calculated.

<sup>(15)</sup> The stated interest rate represents the weighted average fixed interest rate at April 30, 2026, of all interest only securities comprising the trust.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Interest Rate Futures** |  |  |  |  |  |
| U.S. 2-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;$54266750 | &nbsp;&nbsp;&nbsp;&nbsp;$32548 |
| U.S. 5-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;1580 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170380782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2716840) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$(2684292)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Fund<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | 12480 | Receives | SOFR<br> (pays annually) | 3.76%<br> (pays annually) | 4/12/55 | $934288 | $— | $934288 |
| **Total** |  |  |  |  |  | **$934288** | **$—** | **$934288** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Current<br> Market<br> Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| U.S. Land Banking | &nbsp;&nbsp;Goldman Sachs Bank USA | &nbsp;&nbsp;$3000 &nbsp;&nbsp;5.50%<br> (pays monthly)<sup>(4)</sup> | &nbsp;&nbsp;5.79% | &nbsp;&nbsp;10/10/29 | &nbsp;&nbsp;$(13348) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(13348) |
| U.S. Single Family Rental | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;2374 &nbsp;&nbsp;7.85%<br> (pays monthly)<sup>(4)</sup> | &nbsp;&nbsp;7.99 | &nbsp;&nbsp; 3/18/28 | &nbsp;&nbsp;&nbsp;&nbsp; 23993 | &nbsp;&nbsp;&nbsp;&nbsp;1572 | &nbsp;&nbsp;&nbsp;&nbsp; 25565 |
| **Total** |  | &nbsp;&nbsp;**$5374** |  |  | &nbsp;&nbsp;**$10645** | &nbsp;&nbsp;**$1572** | &nbsp;&nbsp;**$12217** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

<sup>(1)</sup> If the Fund is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Fund could be required to make if a credit event, as defined in the credit default swap agreement, were to occur. At April 30, 2026, such maximum potential amount for all open credit default swaps in which the Fund is the seller was $5,374,000.

<sup>(2)</sup> The contract annual fixed rate represents the fixed rate of interest received by the Fund (as a seller of protection) or paid by the Fund (as a buyer of protection) on the notional amount of the credit default swap contract.

<sup>(3)</sup> Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the market's perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit event involving the reference entity. A rate identified as "Defaulted" indicates a credit event has occurred for the reference entity.

<sup>(4)</sup> Upfront payment is exchanged with the counterparty as a result of the standardized trading coupon.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| CMT | – Constant Maturity Treasury |
| COF | – Cost of Funds 11th District |
| MTA | – Monthly Treasury Average |
| OTC | – Over-the-counter |
| SOFR | – Secured Overnight Financing Rate |
| STACR | – Structured Agency Credit Risk |
| TBA | – To Be Announced |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| USD | – United States Dollar |

---

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investments, at value (identified cost $538,390,515) | &nbsp;&nbsp;$531333055 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5397651 |
| Deposits for reverse repurchase agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690000 |
| Deposits for forward commitment securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2289400 |
| &nbsp;&nbsp;&nbsp;Centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1112433 |
| Interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2456529 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34881 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56739572 |
| Receivable for TBA sale commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21171845 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207695 |
| Receivable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316617 |
| Receivable for variation margin on open centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2371 |
| Receivable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25565 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96112 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164238 |
| **Total assets** | &nbsp;&nbsp;**$622087964** |
| Liabilities |  |
| Payable for reverse repurchase agreements, including accrued interest of $576,183 | &nbsp;&nbsp;$53122116 |
| Payable for forward commitment securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116254581 |
| TBA sale commitments, at value (proceeds receivable $21,171,845) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20990805 |
| Payable for Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518153 |
| Payable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13348 |
| Upfront receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1572 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46772 |
| 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;226712 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40755 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17168 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2039 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164238 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199953 |
| **Total liabilities** | &nbsp;&nbsp;**$191598212** |
| **Net Assets** | &nbsp;&nbsp;**$430489752** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$547823483 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;(117333731) |
| **Net Assets** | &nbsp;&nbsp;**$430489752** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$119293219 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22309062 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$5.35 |
| **Maximum Offering Price Per Share<br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$5.53 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$7574544 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1418870 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$5.34 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited) — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$278028088 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52036480 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$5.34 |
| Class R Shares |  |
| **Net Assets** | &nbsp;&nbsp;$25593901 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4804643 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$5.33 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income from affiliated investments | &nbsp;&nbsp;$121085 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;14600579 |
| **Total investment income** | &nbsp;&nbsp;**$14721664** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$1322499 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136643 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37107 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65204 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11343 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105007 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178479 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64068 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45346 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42457 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2035245 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26068 |
| **Total expenses** | &nbsp;&nbsp;**$4069466** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$172034 |
| **Total expense reductions** | &nbsp;&nbsp;**$172034** |
| **Net expenses** | &nbsp;&nbsp;**$3897432** |
| **Net investment income** | &nbsp;&nbsp;**$10824232** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(1459740) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424571 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283816 |
| **Net realized loss** | &nbsp;&nbsp;**$(751353)** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$(1103618) |
| &nbsp;&nbsp;&nbsp;TBA sale commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57233) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2893038) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373678 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(3680211)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(4431564)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$6392668** |

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$10824232 | &nbsp;&nbsp;$19024117 |
| &nbsp;&nbsp;&nbsp;Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(751353) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6887439) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3680211) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19158048 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$6392668** | &nbsp;&nbsp;**$31294726** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(2949282) | &nbsp;&nbsp;$(5592211) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(173296) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(294500) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7470908) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12799795) |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(672578) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1438634) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(11266064)** | &nbsp;&nbsp;**$(20125140)** |
| Tax return of capital to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(122273) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6482) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(282328) |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31554) |
| **Total tax return of capital to shareholders** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(442637)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$17047721 | &nbsp;&nbsp;$(6409036) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;556311 |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30009375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16512676 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1100487) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2721046) |
| **Net increase in net assets from Fund share transactions** | &nbsp;&nbsp;**$46559358** | &nbsp;&nbsp;**$7938905** |
| **Net increase in net assets** | &nbsp;&nbsp;**$41685962** | &nbsp;&nbsp;**$18665854** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$388803790 | &nbsp;&nbsp;$370137936 |
| **At end of period** | &nbsp;&nbsp;**$430489752** | &nbsp;&nbsp;**$388803790** |

---

*11*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Statement of Cash Flows (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Cash Flows From Operating Activities |  |
| Net increase in net assets from operations | &nbsp;&nbsp;$6392668 |
| Adjustments to reconcile net increase in net assets from operations to net cash provided by operating activities: |  |
| &nbsp;&nbsp;&nbsp;Investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;(895028122) |
| &nbsp;&nbsp;&nbsp;Investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935281881 |
| &nbsp;&nbsp;&nbsp;Decrease in short-term investments, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2554747 |
| &nbsp;&nbsp;&nbsp;Net amortization/accretion of premium (discount) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2548821 |
| &nbsp;&nbsp;&nbsp;Decrease in interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269980 |
| &nbsp;&nbsp;&nbsp;Increase in dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22339) |
| &nbsp;&nbsp;&nbsp;Increase in receivable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(316617) |
| &nbsp;&nbsp;&nbsp;Decrease in receivable for variation margin on open centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69539 |
| &nbsp;&nbsp;&nbsp;Decrease in receivable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18349 |
| &nbsp;&nbsp;&nbsp;Decrease in Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7423 |
| &nbsp;&nbsp;&nbsp;Increase in receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(96112) |
| &nbsp;&nbsp;&nbsp;Decrease in due to brokers | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(361000) |
| &nbsp;&nbsp;&nbsp;Decrease in payable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20483) |
| &nbsp;&nbsp;&nbsp;Increase in payable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13348 |
| &nbsp;&nbsp;&nbsp;Decrease in upfront receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(414) |
| &nbsp;&nbsp;&nbsp;Increase in payable to affiliates for investment adviser fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11424 |
| &nbsp;&nbsp;&nbsp;Increase in payable to affiliates for sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6707 |
| &nbsp;&nbsp;&nbsp;Increase in payable to affiliates for distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1452 |
| &nbsp;&nbsp;&nbsp;Decrease in payable to affiliates for Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7423) |
| &nbsp;&nbsp;&nbsp;Decrease in payable to affiliates for other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51005) |
| &nbsp;&nbsp;&nbsp;Increase in accrued interest on reverse repurchase agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559064 |
| &nbsp;&nbsp;&nbsp;Decrease in accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21091) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized (appreciation) depreciation from investments, including TBA sale commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1160851 |
| &nbsp;&nbsp;&nbsp;Net realized loss from investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1459740 |
| **Net cash provided by operating activities** | &nbsp;&nbsp;**$54431388** |
| Cash Flows From Financing Activities |  |
| Cash distributions paid | &nbsp;&nbsp;$(287445) |
| Proceeds from Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84184669 |
| Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48891815) |
| Decrease in reverse repurchase agreements, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(82692983) |
| Decrease in due to custodian | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(882630) |
| **Net cash used in financing activities** | &nbsp;&nbsp;**$(48570204)** |
| **Net increase in cash and restricted cash** | &nbsp;&nbsp;**$5861184** |
| **Cash and restricted cash at beginning of period** | &nbsp;&nbsp;**$3678300** |
| **Cash and restricted cash at end of period** | &nbsp;&nbsp;**$9539484** |
| Supplemental disclosure of cash flow information: |  |
| Noncash financing activities not included herein consist of: |  |
| &nbsp;&nbsp;&nbsp;Reinvestment of dividends and distributions | &nbsp;&nbsp;$10980330 |
| Cash paid for interest and fees on borrowings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1476181 |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Statement of Cash Flows (Unaudited) — continued

------

The following table provides a reconciliation of cash and restricted cash reported within the Statement of Assets and Liabilities that sum to the total of such amounts shown on the Statement of Cash Flows.

---

| | |
|:---|:---|
| | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Cash | &nbsp;&nbsp;$5397651 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;2289400 |
| &nbsp;&nbsp;&nbsp;Centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;1112433 |
| Deposits for reverse repurchase agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690000 |
| Deposits for forward commitment securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 |
| **Total cash and restricted cash as shown on the Statement of Cash Flows** | &nbsp;&nbsp;**$9539484** |

---

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$5.41 | &nbsp;&nbsp;$5.24 | &nbsp;&nbsp;$5.12 | &nbsp;&nbsp;$5.51 | &nbsp;&nbsp;$6.03 | &nbsp;&nbsp;$6.18 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.14 | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$0.24 | &nbsp;&nbsp;$0.23 | &nbsp;&nbsp;$0.12 | &nbsp;&nbsp;$0.12 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.51) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.16) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.08** | &nbsp;&nbsp;**$0.46** | &nbsp;&nbsp;**$0.42** | &nbsp;&nbsp;**$(0.10)** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.04)** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.14) | &nbsp;&nbsp;$(0.28) | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.28) | &nbsp;&nbsp;$(0.12) | &nbsp;&nbsp;$(0.11) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.14)** | &nbsp;&nbsp;**$(0.29)** | &nbsp;&nbsp;**$(0.30)** | &nbsp;&nbsp;**$(0.29)** | &nbsp;&nbsp;**$(0.13)** | &nbsp;&nbsp;**$(0.11)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$5.35** | &nbsp;&nbsp;**$5.41** | &nbsp;&nbsp;**$5.24** | &nbsp;&nbsp;**$5.12** | &nbsp;&nbsp;**$5.51** | &nbsp;&nbsp;**$6.03** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.75%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.85%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.27%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.89)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(6.63)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.66)%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$119293 | &nbsp;&nbsp;$103613 | &nbsp;&nbsp;$106831 | &nbsp;&nbsp;$107556 | &nbsp;&nbsp;$136321 | &nbsp;&nbsp;$163208 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.05%<sup>(5)(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.76%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.38%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.18%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.44% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.06% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91% |
| Portfolio Turnover<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</sup> Includes interest expense, including on reverse repurchase agreements, of 1.00%, 1.71%, 1.73% and 0.33% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, and 2023, respectively.

<sup>(7)</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 six months ended April 30, 2026, less than 0.005% of average daily net assets for the years ended October 31, 2025 and 2024, less than 0.01% of average daily net assets for the year ended October 31, 2023 and less than 0.005% of average daily net assets for the year ended October 31, 2022).

<sup>(8)</sup> Includes the effect of To Be Announced (TBA) transactions.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$5.40 | &nbsp;&nbsp;$5.24 | &nbsp;&nbsp;$5.11 | &nbsp;&nbsp;$5.50 | &nbsp;&nbsp;$6.02 | &nbsp;&nbsp;$6.17 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.12 | &nbsp;&nbsp;$0.23 | &nbsp;&nbsp;$0.20 | &nbsp;&nbsp;$0.19 | &nbsp;&nbsp;$0.07 | &nbsp;&nbsp;$0.07 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;(0.33) | &nbsp;&nbsp;&nbsp;&nbsp;(0.51) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.16) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.06** | &nbsp;&nbsp;**$0.41** | &nbsp;&nbsp;**$0.39** | &nbsp;&nbsp;**$(0.14)** | &nbsp;&nbsp;**$(0.44)** | &nbsp;&nbsp;**$(0.09)** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.12) | &nbsp;&nbsp;$(0.24) | &nbsp;&nbsp;$(0.24) | &nbsp;&nbsp;$(0.23) | &nbsp;&nbsp;$(0.07) | &nbsp;&nbsp;$(0.06) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.12)** | &nbsp;&nbsp;**$(0.25)** | &nbsp;&nbsp;**$(0.26)** | &nbsp;&nbsp;**$(0.25)** | &nbsp;&nbsp;**$(0.08)** | &nbsp;&nbsp;**$(0.06)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$5.34** | &nbsp;&nbsp;**$5.40** | &nbsp;&nbsp;**$5.24** | &nbsp;&nbsp;**$5.11** | &nbsp;&nbsp;**$5.50** | &nbsp;&nbsp;**$6.02** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.20%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.05%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.65%** | &nbsp;&nbsp;&nbsp;&nbsp;**(2.64)%** | &nbsp;&nbsp;&nbsp;&nbsp;**(7.34)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.41)%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$7575 | &nbsp;&nbsp;$7061 | &nbsp;&nbsp;$6310 | &nbsp;&nbsp;$5942 | &nbsp;&nbsp;$6980 | &nbsp;&nbsp;$11756 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.60%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.80%<sup>(5)(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.51%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.53%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.44%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.34% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17% |
| Portfolio Turnover<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</sup> Includes interest expense, including on reverse repurchase agreements, of 1.00%, 1.71%, 1.73% and 0.33% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, and 2023, respectively.

<sup>(7)</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 six months ended April 30, 2026, less than 0.005% of average daily net assets for the years ended October 31, 2025 and 2024, less than 0.01% of average daily net assets for the year ended October 31, 2023 and less than 0.005% of average daily net assets for the year ended October 31, 2022).

<sup>(8)</sup> Includes the effect of To Be Announced (TBA) transactions.

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$5.40 | &nbsp;&nbsp;$5.24 | &nbsp;&nbsp;$5.12 | &nbsp;&nbsp;$5.51 | &nbsp;&nbsp;$6.03 | &nbsp;&nbsp;$6.17 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.15 | &nbsp;&nbsp;$0.28 | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.24 | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$0.14 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.51) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.09** | &nbsp;&nbsp;**$0.47** | &nbsp;&nbsp;**$0.43** | &nbsp;&nbsp;**$(0.08)** | &nbsp;&nbsp;**$(0.38)** | &nbsp;&nbsp;**$(0.01)** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.15) | &nbsp;&nbsp;$(0.30) | &nbsp;&nbsp;$(0.28) | &nbsp;&nbsp;$(0.29) | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.13) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.15)** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$(0.14)** | &nbsp;&nbsp;**$(0.13)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$5.34** | &nbsp;&nbsp;**$5.40** | &nbsp;&nbsp;**$5.24** | &nbsp;&nbsp;**$5.12** | &nbsp;&nbsp;**$5.51** | &nbsp;&nbsp;**$6.03** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.69%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.13%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.56%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.63)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(6.40)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.25)%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$278028 | &nbsp;&nbsp;$251149 | &nbsp;&nbsp;$228120 | &nbsp;&nbsp;$263008 | &nbsp;&nbsp;$231855 | &nbsp;&nbsp;$222307 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.82% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%<sup>(5)(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.51%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.53%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.43%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.34% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.17% |
| Portfolio Turnover<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</sup> Includes interest expense, including on reverse repurchase agreements, of 1.00%, 1.71%, 1.73% and 0.33% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, and 2023, respectively.

<sup>(7)</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 six months ended April 30, 2026, less than 0.005% of average daily net assets for the years ended October 31, 2025 and 2024, less than 0.01% of average daily net assets for the year ended October 31, 2023 and less than 0.005% of average daily net assets for the year ended October 31, 2022).

<sup>(8)</sup> Includes the effect of To Be Announced (TBA) transactions.

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

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;**Class R** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$5.39 | &nbsp;&nbsp;$5.22 | &nbsp;&nbsp;$5.10 | &nbsp;&nbsp;$5.49 | &nbsp;&nbsp;$6.01 | &nbsp;&nbsp;$6.15 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$0.21 | &nbsp;&nbsp;$0.11 | &nbsp;&nbsp;$0.10 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.52) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.08** | &nbsp;&nbsp;**$0.45** | &nbsp;&nbsp;**$0.40** | &nbsp;&nbsp;**$(0.11)** | &nbsp;&nbsp;**$(0.41)** | &nbsp;&nbsp;**$(0.05)** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.14) | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.10) | &nbsp;&nbsp;$(0.09) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.14)** | &nbsp;&nbsp;**$(0.28)** | &nbsp;&nbsp;**$(0.28)** | &nbsp;&nbsp;**$(0.28)** | &nbsp;&nbsp;**$(0.11)** | &nbsp;&nbsp;**$(0.09)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$5.33** | &nbsp;&nbsp;**$5.39** | &nbsp;&nbsp;**$5.22** | &nbsp;&nbsp;**$5.10** | &nbsp;&nbsp;**$5.49** | &nbsp;&nbsp;**$6.01** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.63%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.60%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.99%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.17)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(6.90)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.75)%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$25594 | &nbsp;&nbsp;$26981 | &nbsp;&nbsp;$28877 | &nbsp;&nbsp;$32485 | &nbsp;&nbsp;$46245 | &nbsp;&nbsp;$52503 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.38%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.68%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.32% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30%<sup>(5)(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.01%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.03%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.94%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.84% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.91% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.83% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.66% |
| Portfolio Turnover<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</sup> Includes interest expense, including on reverse repurchase agreements, of 1.00%, 1.71%, 1.73% and 0.33% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, and 2023, respectively.

<sup>(7)</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 six months ended April 30, 2026, less than 0.005% of average daily net assets for the years ended October 31, 2025 and 2024, less than 0.01% of average daily net assets for the year ended October 31, 2023 and less than 0.005% of average daily net assets for the year ended October 31, 2022).

<sup>(8)</sup> Includes the effect of To Be Announced (TBA) transactions.

*17*

*See Notes to Financial Statements.*

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Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

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1 Significant Accounting Policies

Eaton Vance Government Opportunities 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 provide a high current return. The Fund offers four classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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 and Class R 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 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. Net investment income, other than class-specific expenses, is allocated daily to each class of shares based upon the ratio of the value of each class's paid shares to the total value of all paid 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.

**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. Futures contracts are valued at the closing settlement price established by the board of trade or exchange on which they are traded. Swaps and options on interest rate swaps ("swaptions") are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract, and in the case of credit default swaps, based on credit spread quotations obtained from broker/dealers and expected default recovery rates determined by the pricing service using proprietary models. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers. Alternatively, swaptions may be valued at the valuation provided by a broker/dealer (usually the counterparty to the option), so determined using similar techniques as those employed by the pricing service.**

**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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities.

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.

As of April 30, 2026, 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.

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Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — 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 Futures Contracts—Upon entering into a futures contract, the Fund is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Fund each business day, depending on the daily fluctuations in the value of the underlying security, and are recorded as unrealized gains or losses by the Fund. Gains (losses) are realized upon the expiration or closing of the futures contracts. Should market conditions change unexpectedly, the Fund may not achieve the anticipated benefits of the futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

I Interest Rate Swaps—Swap contracts are privately negotiated agreements between the Fund and a counterparty. Certain swap contracts may be centrally cleared ("centrally cleared swaps"), whereby all payments made or received by the Fund pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared swaps, the Fund is required to deposit with the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. Pursuant to interest rate swap agreements, the Fund either makes floating-rate payments to the counterparty (or CCP in the case of centrally cleared swaps) based on a benchmark interest rate in exchange for fixed-rate payments or the Fund makes fixed-rate payments to the counterparty

(or CCP in the case of a centrally cleared swap) in exchange for payments on a floating benchmark interest rate. Payments received or made, including amortization of upfront payments/receipts, if any (which are amortized over the life of the swap contract), are recorded as realized gains or losses. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains or losses. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. The value of the swap is determined by changes in the relationship between two rates of interest. The Fund is exposed to credit loss in the event of non-performance by the swap counterparty. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP. Risk may also arise from movements in interest rates.

J Credit Default Swaps—When the Fund is the buyer of a credit default swap contract, the Fund is entitled to receive the par (or other agreed-upon) value of a referenced debt obligation (or basket of debt obligations) from the counterparty (or CCP in the case of a centrally cleared swap) to the contract if a credit event by a third party, such as a U.S. or foreign corporate issuer or sovereign issuer, on the debt obligation occurs. In return, the Fund pays the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Fund would have spent the stream of payments and received no proceeds from the contract. When the Fund is the seller of a credit default swap contract, it receives the stream of payments, but is obligated to pay to the buyer of the protection an amount up to the notional amount of the swap and in certain instances take delivery of securities of the reference entity upon the occurrence of a credit event, as defined under the terms of that particular swap agreement. Credit events are contract specific but may include bankruptcy, failure to pay, restructuring, obligation acceleration and repudiation/moratorium. If the Fund is a seller of protection and a credit event occurs, the maximum potential amount of future payments that the Fund could be required to make would be an amount equal to the notional amount of the agreement. This potential amount would be partially offset by any recovery value of the respective referenced obligation, or net amount received from the settlement of a buy protection credit default swap agreement entered into by the Fund for the same referenced obligation. As the seller, the Fund may create economic leverage to its portfolio because, in addition to its total net assets, the Fund is subject to investment exposure on the notional amount of the swap. The interest fee paid or received on the swap contract, which is based on a specified interest rate on a fixed notional amount, is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as realized gain upon receipt or realized loss upon payment. The Fund also records an increase or decrease to unrealized appreciation (depreciation) in an amount equal to the daily valuation. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. All upfront payments and receipts, if any, are amortized over the life of the swap contract as realized gains or losses. Those upfront payments or receipts for non-centrally cleared swaps are recorded as other assets or other liabilities, respectively, net of amortization. For financial reporting purposes, unamortized upfront payments or receipts, if any, are netted with unrealized appreciation or depreciation on swap contracts to determine the market value of swaps as presented in Notes 8 and 12. These transactions involve certain risks, including the risk that the seller may be unable to fulfill the transaction. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP.

K Swaptions—A purchased swaption contract grants the Fund, in return for payment of the purchase price, the right, but not the obligation, to enter into a new swap agreement or to shorten, extend, cancel or otherwise modify an existing swap agreement, at some designated future time on specified terms. When the Fund purchases a swaption, the premium paid to the writer is recorded as an investment and subsequently marked-to-market to reflect the

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Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

current value of the swaption. A written swaption gives the Fund the obligation, if exercised by the purchaser, to enter into a swap contract according to the terms of the underlying agreement. When the Fund writes a swaption, the premium received by the Fund is recorded as a liability and subsequently marked-to-market to reflect the current value of the swaption. When a swaption is exercised, the cost of the swap is adjusted by the amount of the premium paid or received. When a swaption expires or an unexercised swaption is closed, a gain or loss is recognized in the amount of the premium paid or received, plus the cost to close. The Fund's risk for purchased swaptions is limited to the premium paid. The writer of a swaption bears the risk of unfavorable changes in the preset terms of the underlying swap contract. Purchased swaptions traded over-the-counter involve risk that the issuer or counterparty will fail to perform its contractual obligations.

L When-Issued Securities and Delayed Delivery Transactions—The Fund may purchase securities on a delayed delivery, when-issued or forward commitment basis, including TBA (To Be Announced) securities. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. Securities purchased on a delayed delivery, when-issued or forward commitment basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract. A forward purchase commitment may also be closed by entering into an offsetting commitment. If an offsetting commitment is entered into, the Fund will realize a gain or loss on investments based on the price established when the Fund entered into the commitment.

M Forward Sale Commitments—The Fund may enter into forward sale commitments to sell generic U.S. government agency mortgage-backed securities to hedge its portfolio positions and/or to enhance return. The proceeds to be received from the forward sale commitment are recorded as an asset and a corresponding liability, which is subsequently valued at approximately the current market value of the underlying security in accordance with the Fund's policies on investment valuations discussed above. The Fund records an unrealized gain or loss on investments to the extent of the difference between the proceeds to be received and the value of the open forward sale commitment on the day of determination. If the forward sale commitment is closed through the acquisition of an offsetting purchase commitment or the delivery of securities, the Fund realizes a gain or loss on investments based on the price established when the Fund entered into the commitment. If the Fund enters into a forward sale commitment for the delivery of a security that it does not own or has the right to obtain, it is subject to the risk of loss if the purchase price to settle the commitment is higher than the price at which it was sold.

N Reverse Repurchase Agreements—Under a reverse repurchase agreement, the Fund temporarily transfers possession of a portfolio security to another party, such as a bank or broker/dealer, in return for cash. At the same time, the Fund agrees to repurchase the security at an agreed upon time and price, which reflects an interest payment. In periods of increased demand for a security, the Fund may receive a payment from the counterparty for the use of the security, which is recorded as interest income. Because the Fund retains effective control over the transferred security, the transaction is accounted for as a secured borrowing. The Fund may enter into such agreements when it believes it is able to invest the cash acquired at a rate higher than the cost of the agreement, which would increase earned income. When the Fund enters into a reverse repurchase agreement, any fluctuations in the market value of either the securities transferred to another party or the securities in which the proceeds may be invested would affect the market value of the Fund's assets. Because reverse repurchase agreements may be considered to be the practical equivalent of borrowing funds (and the counterparty making a loan), they constitute a form of leverage. The Fund segregates cash or liquid assets equal to its obligation to repurchase the security. During the term of the agreement, the Fund may also be obligated to pledge additional cash and/or securities in the event of a decline in the fair value of the transferred security. In the event the counterparty to a reverse repurchase agreement becomes insolvent, recovery of the security transferred by the Fund may be delayed or the Fund may incur a loss equal to the amount by which the value of the security transferred by the Fund exceeds the repurchase price payable by the Fund.

O Stripped Mortgage-Backed Securities—The Fund may invest in Interest Only (IO) and Principal Only (PO) securities, a form of stripped mortgage-

backed securities, whereby the IO security receives all the interest and the PO security receives all the principal on a pool of mortgage assets. The yield to maturity on an IO security is extremely sensitive to the rate of principal payments (including prepayments) on the related underlying mortgage assets, and a rapid rate of principal payments may have a material adverse effect on the yield to maturity from these securities. If the underlying mortgages experience greater than anticipated prepayments of principal, the Fund may fail to recoup its initial investment in an IO security. The market value of IO and PO securities can be unusually volatile due to changes in interest rates.

P Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

Q Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

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Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

2 Distributions to Shareholders and Income Tax Information

The Fund declares dividends daily to shareholders of record at the time of declaration. Distributions are generally paid monthly. Distributions of realized capital gains are made at least annually. 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 reinvestment 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $105,987,392 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 October 31, 2025, $29,624,254 are short-term and $76,363,138 are long-term.

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, TBA sale commitments and reverse repurchase agreements, of the Fund at April 30, 2026, as determined on a federal income tax basis, were as follows:

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| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$465323993** |
| Gross unrealized appreciation | &nbsp;&nbsp;$16871363 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26136826) |
| **Net unrealized depreciation** | &nbsp;&nbsp;**$(9265463)** |

---

3 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Fund. The investment adviser 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;0.6500% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.6250% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.6000% |
| $1.5 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5625% |
| $2 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5000% |
| $2.5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.4375% |

---

For the six months ended April 30, 2026, the Fund's investment adviser fee amounted to $1,322,499 or 0.65% (annualized) of the Fund's average daily net assets. 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 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 six months ended April 30, 2026, the investment adviser fee paid was reduced by $4,465 relating to the Fund's investment in the Liquidity Fund.

Eaton Vance Management (EVM) has agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding such expenses as brokerage commissions, acquired fund fees and expenses of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 1.05%, 1.80%, 0.80% and 1.30% of the Fund's average daily net assets for Class A, Class C, Class I and Class R, respectively. This agreement may be changed or terminated after March 1, 2027. Pursuant to this agreement, EVM was allocated $167,569 of the Fund's operating expenses for the six months ended April 30, 2026.

EVM, an affiliate of BMR, serves as administrator of the Fund, but receives no compensation. EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $26,706 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

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[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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Eaton Vance Distributors, Inc. (EVD), an affiliate of EVM and the Fund's principal underwriter, received $3,198 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also 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 or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Trustees of the Fund who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Fund are officers of the above organizations.

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 six months ended April 30, 2026 amounted to $136,643 for Class A shares.

The Fund also has in effect distribution plans for Class C shares (Class C Plan) and Class R shares (Class R 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $27,830 for Class C shares. 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $32,602 for Class R shares.

Pursuant to the Class C and Class R Plans, 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 six months ended April 30, 2026 amounted to $9,277 and $32,602 for Class C and Class R shares, respectively.

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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received $151 and $585 of CDSCs paid by Class A and Class C shareholders, respectively.

6 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations, and including maturities, paydowns and principal repayments on Senior Loans, for the six months ended April 30, 2026 were as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;&nbsp;**Sales** |
| Investments (non-U.S. Government) | &nbsp;&nbsp;&nbsp;&nbsp;$7162203 | &nbsp;&nbsp;&nbsp;&nbsp;$42251709 |
| U.S. Government and Agency Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;903293238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;911924933 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$910455441** | &nbsp;&nbsp;&nbsp;&nbsp;**$954176642** |

---

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — 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, including direct exchanges pursuant to share class conversions, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 4294887 | &nbsp;&nbsp;&nbsp;&nbsp;$23274067 | &nbsp;&nbsp;&nbsp;&nbsp; 4663488 | &nbsp;&nbsp;&nbsp;&nbsp;$24935469 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 499815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2703356 | &nbsp;&nbsp;&nbsp;&nbsp; 984784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5245976 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(1650087) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8929702) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6855704) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36590481) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **3144615** | &nbsp;&nbsp;&nbsp;&nbsp;**$17047721** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1207432)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(6409036)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 233753 | &nbsp;&nbsp;&nbsp;&nbsp;$1263619 | &nbsp;&nbsp;&nbsp;&nbsp; 542201 | &nbsp;&nbsp;&nbsp;&nbsp;$2884285 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 32099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 173333 | &nbsp;&nbsp;&nbsp;&nbsp; 56438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300484 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp; (154915) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (834203) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (495613) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2628458) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **110937** | &nbsp;&nbsp;&nbsp;&nbsp;**$602749** | &nbsp;&nbsp;&nbsp;&nbsp; **103026** | &nbsp;&nbsp;&nbsp;&nbsp;**$556311** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;10648798 | &nbsp;&nbsp;&nbsp;&nbsp;$57602795 | &nbsp;&nbsp;&nbsp;&nbsp;20121616 | &nbsp;&nbsp;&nbsp;&nbsp;$107277435 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 1375073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7431101 | &nbsp;&nbsp;&nbsp;&nbsp; 2435803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12980399 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(6473935) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35024521) | &nbsp;&nbsp;&nbsp;&nbsp;(19592540) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(103745158) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **5549936** | &nbsp;&nbsp;&nbsp;&nbsp;**$30009375** | &nbsp;&nbsp;&nbsp;&nbsp; **2964879** | &nbsp;&nbsp;&nbsp;&nbsp;**$16512676** |
| **Class R** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 303308 | &nbsp;&nbsp;&nbsp;&nbsp;$1635444 | &nbsp;&nbsp;&nbsp;&nbsp; 1380931 | &nbsp;&nbsp;&nbsp;&nbsp;$7330800 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 124763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 672540 | &nbsp;&nbsp;&nbsp;&nbsp; 276919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1469858 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp; (632557) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3408471) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2175870) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11521704) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(204486)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1100487)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(518020)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(2721046)** |

---

8 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 futures contracts, swaptions and swap contracts 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Fund is subject to the following risks:

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

Interest Rate Risk: Because the Fund holds fixed-rate bonds, the value of these bonds may decrease if interest rates rise. The Fund utilizes futures contracts and interest rate swaps and swaptions to enhance total return, to change the overall duration of the Fund and/or to hedge against fluctuations in securities prices due to changes in interest rates.

Credit Risk: The Fund enters into credit default swap contracts to manage certain investment risks and/or to enhance total return.

The Fund enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Fund's net assets below a certain level over a certain period of time, which would trigger a payment by the Fund for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $13,348. The aggregate fair value of assets pledged as collateral by the Fund for such liability was $4,900,959 at April 30, 2026.

The OTC derivatives in which the Fund invests are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Fund has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Fund's net assets decline by a stated percentage or the Fund fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Fund of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Fund and/or counterparty is held in segregated accounts by the Fund's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Fund, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Fund as collateral, if any, are identified as such in the Portfolio of Investments.

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Accumulated loss | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$966836<sup>(1)</sup> | &nbsp;&nbsp;$966836 |
| Receivable for open OTC swap contracts; Upfront receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23993 | &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;23993 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$23993** | &nbsp;&nbsp;**$966836** | &nbsp;&nbsp;**$990829** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$966836** | &nbsp;&nbsp;**$966836** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$23993** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$23993** |
| Accumulated loss | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(2716840)<sup>(1)</sup> | &nbsp;&nbsp;$(2716840) |
| Payable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;(13348) | &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;(13348) |
| **Total Liability Derivatives** | &nbsp;&nbsp;**$(13348)** | &nbsp;&nbsp;**$(2716840)** | &nbsp;&nbsp;**$(2730188)** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(2716840)** | &nbsp;&nbsp;**$(2716840)** |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$(13348)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(13348)** |

---

<sup>(1)</sup> For futures contracts and centrally cleared swap contracts, amount represents value as shown in the Portfolio of Investments. Only the current day's variation margin on open futures contracts and centrally cleared swap contracts is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open futures contracts and centrally cleared swap contracts, as applicable.

The Fund's derivative assets and liabilities at fair value by risk, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following tables present the Fund's derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Fund for such assets and pledged by the Fund for such liabilities as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;$23993 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$23993 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** |
| Goldman Sachs Bank USA | &nbsp;&nbsp;&nbsp;$(13348) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$13348 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Statement of Operations Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |
| &nbsp;&nbsp;&nbsp;Investment transactions<sup>(1)</sup> | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(44447) | &nbsp;&nbsp;$(44447) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424571 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;157453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283816 |
| **Total** | &nbsp;&nbsp;**$157453** | &nbsp;&nbsp;**$506487** | &nbsp;&nbsp;**$663940** |
| Change in unrealized appreciation (depreciation): |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments<sup>(1)</sup> | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(5828) | &nbsp;&nbsp;$(5828) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(2893038) | &nbsp;&nbsp;&nbsp;&nbsp;(2893038) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31697) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373678 |
| **Total** | &nbsp;&nbsp;**$(31697)** | &nbsp;&nbsp;**$(2493491)** | &nbsp;&nbsp;**$(2525188)** |

---

<sup>(1)</sup> Relates to purchased swaptions.

The average notional cost of futures contracts and average notional amounts of other derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | | |
|:---|:---|:---|
| **Futures<br> Contracts — Long** | &nbsp;&nbsp;&nbsp;&nbsp;**Purchased<br> Swaptions** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $184657000 | &nbsp;&nbsp;&nbsp;&nbsp;$24000000 | &nbsp;&nbsp;&nbsp;&nbsp;$18549000 |

---

9 Line of Credit

The Fund participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. 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 generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $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 six months ended April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

10 Reverse Repurchase Agreements

Reverse repurchase agreements outstanding as of April 30, 2026 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Trade<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest<br> Rate Paid<br> (Received)** | **Principal<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value<br> Including<br> Accrued<br> Interest** |
| MUFG Securities Americas, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3/25/26 &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3.90% | $19333486 | &nbsp;&nbsp;&nbsp;&nbsp;$19410981 |
| TD Securities (USA) LLC | &nbsp;&nbsp;&nbsp;&nbsp;12/11/25 &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3.83 | 12603997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12791726 |
| TD Securities (USA) LLC | &nbsp;&nbsp;&nbsp;&nbsp;12/11/25 &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3.88 | 20608450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20919409 |
| **Total** |  |  | $**52545933** | &nbsp;&nbsp;&nbsp;&nbsp;**$53122116** |

---

<sup>(1)</sup> Open reverse repurchase agreement with no specific maturity date. Either party may terminate the agreement upon demand.

At April 30, 2026, the type of securities pledged as collateral for all open reverse repurchase agreements was U.S. Government Agency Mortgage-Backed Securities and Collateralized Mortgage Obligations.

The Fund also pledged cash of $690,000 to TD Securities (USA) LLC as additional collateral for its reverse repurchase obligations.

For the six months ended April 30, 2026, the average borrowings under settled reverse repurchase agreements and the average interest rate paid were approximately $101,419,000 and 3.98%, respectively. Based on the short-term nature of the borrowings under the reverse repurchase agreements, the carrying value of the payable for reverse repurchase agreements approximated its fair value at April 30, 2026. If measured at fair value, borrowings under the reverse repurchase agreements would have been considered as Level 2 in the fair value hierarchy (see Note 12) at April 30, 2026.

Reverse repurchase agreements entered into by the Fund are subject to Master Repurchase Agreements (MRA), which permit the Fund, under certain circumstances, including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from the Fund.

The following table presents the Fund's reverse repurchase agreements net of amounts available for offset under an MRA and net of the related collateral pledged by the Fund as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Reverse<br> Repurchase<br> Agreements\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Assets<br> Available for<br> Offset** | &nbsp;&nbsp;&nbsp;&nbsp;**Securities<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Net<br> Amount<sup>(b)</sup>** |
| MUFG Securities Americas, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;$(19410981) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$19410981 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— |
| TD Securities (USA) LLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33711135) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33500944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$(53122116)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$52911925** | &nbsp;&nbsp;&nbsp;&nbsp;**$210191** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** |

---

\* Including accrued interest.

<sup>(a)</sup> In some instances, the total collateral pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

Eaton Vance

Government Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

11 Affiliated Investments

Transactions in the Fund's investment in funds that may be deemed to be affiliated for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $— | $123071788 | $(123071788) | $— | $— | $— | $121085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |

---

12 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 April 30, 2026, the hierarchy of inputs used in valuing the Fund's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Asset-Backed Securities | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$7620603 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$7620603 |
| Collateralized Mortgage Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282273409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282273409 |
| Government National Mortgage Association Participation Agreements | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15283891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15283891 |
| U.S. Government Agency Commercial Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2274766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2274766 |
| U.S. Government Agency Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221721993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221721993 |
| U.S. Government Guaranteed Small Business Administration Loans | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 384430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 384430 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1773963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1773963 |
| **Total Investments** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$531333055** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$531333055** |
| Futures Contracts | &nbsp;&nbsp;$32548 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$32548 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 958281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 958281 |
| **Total** | &nbsp;&nbsp;**$32548** | &nbsp;&nbsp;&nbsp;&nbsp;**$532291336** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$532323884** |
| **Liability Description** |  |  |  |  |
| TBA Sale Commitments | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(20990805) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(20990805) |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2716840) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2716840) |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13348) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13348) |
| **Total** | &nbsp;&nbsp;**$(2716840)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(21004153)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(23720993)** |

---

------

[**Table of Contents**](#JOB_EV_AR_37ef88f1-2364-4d66-8d23-2dc853802271_TOC)

EVGOX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## High Income Opportunities Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804imga968ac391.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

High Income Opportunities Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_009a462b-d2c5-457c-9d6b-b73fe92362c0_1)** |  |
| [Item 7 of Form N-CSR:](#xx_d3f90b9c-ff59-4d2f-9e75-899466d8fa3d_1) | [Item 7 of Form N-CSR:](#xx_d3f90b9c-ff59-4d2f-9e75-899466d8fa3d_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_d3f90b9c-ff59-4d2f-9e75-899466d8fa3d_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_d3f90b9c-ff59-4d2f-9e75-899466d8fa3d_2) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_d3f90b9c-ff59-4d2f-9e75-899466d8fa3d_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_f01b0c24-bed5-457b-a1b1-bda0c549838a_1) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_813b46f9-4a57-4975-a65d-bb76696dd955_1) | 8 |
| [High Income Opportunities Portfolio](#xx_35b34e80-a4f1-47ac-822f-d8f990b61965_1) | [High Income Opportunities Portfolio](#xx_35b34e80-a4f1-47ac-822f-d8f990b61965_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_35b34e80-a4f1-47ac-822f-d8f990b61965_1) | [Items 6 and 7 of Form N-CSR:](#xx_35b34e80-a4f1-47ac-822f-d8f990b61965_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_35b34e80-a4f1-47ac-822f-d8f990b61965_1) | 12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_1cadf438-4f25-4e8b-9eeb-a118b4f5ceab_1) | 25 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in High Income Opportunities Portfolio, at value (identified cost $1,006,081,423) | &nbsp;&nbsp;$1045495340 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664875 |
| **Total assets** | &nbsp;&nbsp;**$1046160215** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$2549466 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404484 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58176 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21916 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43 |
| Payable for transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212679 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92559 |
| **Total liabilities** | &nbsp;&nbsp;**$3339323** |
| **Net Assets** | &nbsp;&nbsp;**$1042820892** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$1040278112 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2542780 |
| **Net Assets** | &nbsp;&nbsp;**$1042820892** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$224926076 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53157985 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$4.23 |
| **Maximum Offering Price Per Share <br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$4.37 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$13476915 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3180015 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$4.24 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$752938002 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177695706 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$4.24 |
| Class R6 Shares |  |
| **Net Assets** | &nbsp;&nbsp;$51479899 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12163024 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$4.23 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio (net of foreign taxes withheld of $642) | &nbsp;&nbsp;$1339348 |
| Interest income allocated from Portfolio (net of foreign taxes withheld of $40) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34244396 |
| Other income allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63286 |
| Expenses allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2586749) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31178 |
| **Total investment income from Portfolio** | &nbsp;&nbsp;**$33091459** |
| Expenses |  |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$289916 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70840 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32238 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526312 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66330 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40636 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56040 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8596 |
| **Total expenses** | &nbsp;&nbsp;**$1091158** |
| **Net investment income** | &nbsp;&nbsp;**$32000301** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(55688) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(69098) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235342 |
| **Net realized gain** | &nbsp;&nbsp;**$110556** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$(10501784) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74398 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(377225) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(10804611)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(10694055)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$21306246** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$32000301 | &nbsp;&nbsp;$69115254 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1105144 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10804611) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14421001 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$21306246** | &nbsp;&nbsp;**$84641399** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(7101252) | &nbsp;&nbsp;$(14128347) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(380563) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(859957) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23640521) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51268109) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1518416) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4734305) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(32640752)** | &nbsp;&nbsp;**$(70990718)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(10778565) | &nbsp;&nbsp;$982412 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1105451) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3382224) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2539263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54832556) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8593664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41416221 |
| **Net decrease in net assets from Fund share transactions** | &nbsp;&nbsp;**$(751089)** | &nbsp;&nbsp;**$(15816147)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(12085595)** | &nbsp;&nbsp;**$(2165466)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$1054906487 | &nbsp;&nbsp;$1057071953 |
| **At end of period** | &nbsp;&nbsp;**$1042820892** | &nbsp;&nbsp;**$1054906487** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$4.28 | &nbsp;&nbsp;$4.22 | &nbsp;&nbsp;$3.92 | &nbsp;&nbsp;$3.92 | &nbsp;&nbsp;$4.52 | &nbsp;&nbsp;$4.21 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$0.19 | &nbsp;&nbsp;$0.20 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.06 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.57) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.34 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.08** | &nbsp;&nbsp;**$0.32** | &nbsp;&nbsp;**$0.56** | &nbsp;&nbsp;**$0.23** | &nbsp;&nbsp;**$(0.38)** | &nbsp;&nbsp;**$0.54** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.23) | &nbsp;&nbsp;$(0.21) | &nbsp;&nbsp;$(0.18) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) |
| **Total distributions** | &nbsp;&nbsp;**$(0.13)** | &nbsp;&nbsp;**$(0.26)** | &nbsp;&nbsp;**$(0.26)** | &nbsp;&nbsp;**$(0.23)** | &nbsp;&nbsp;**$(0.22)** | &nbsp;&nbsp;**$(0.23)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$4.23** | &nbsp;&nbsp;**$4.28** | &nbsp;&nbsp;**$4.22** | &nbsp;&nbsp;**$3.92** | &nbsp;&nbsp;**$3.92** | &nbsp;&nbsp;**$4.52** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.88%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.88%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.53%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.94%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8.59)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.93%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$224926 | &nbsp;&nbsp;$238232 | &nbsp;&nbsp;$234392 | &nbsp;&nbsp;$212170 | &nbsp;&nbsp;$188765 | &nbsp;&nbsp;$233330 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.03% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.39% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.39% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29% | &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;64% |

---

<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> Not annualized.

<sup>(5)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and administrator and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(6)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, less than 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$4.28 | &nbsp;&nbsp;$4.23 | &nbsp;&nbsp;$3.93 | &nbsp;&nbsp;$3.92 | &nbsp;&nbsp;$4.52 | &nbsp;&nbsp;$4.21 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.11 | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$0.20 | &nbsp;&nbsp;$0.16 | &nbsp;&nbsp;$0.16 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.06 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.57) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.34 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.07** | &nbsp;&nbsp;**$0.28** | &nbsp;&nbsp;**$0.53** | &nbsp;&nbsp;**$0.21** | &nbsp;&nbsp;**$(0.41)** | &nbsp;&nbsp;**$0.50** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.11) | &nbsp;&nbsp;$(0.23) | &nbsp;&nbsp;$(0.23) | &nbsp;&nbsp;$(0.20) | &nbsp;&nbsp;$(0.18) | &nbsp;&nbsp;$(0.15) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) |
| **Total distributions** | &nbsp;&nbsp;**$(0.11)** | &nbsp;&nbsp;**$(0.23)** | &nbsp;&nbsp;**$(0.23)** | &nbsp;&nbsp;**$(0.20)** | &nbsp;&nbsp;**$(0.19)** | &nbsp;&nbsp;**$(0.19)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$4.24** | &nbsp;&nbsp;**$4.28** | &nbsp;&nbsp;**$4.23** | &nbsp;&nbsp;**$3.93** | &nbsp;&nbsp;**$3.92** | &nbsp;&nbsp;**$4.52** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.74%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.82%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.66%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.38%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(9.31)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.09%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$13477 | &nbsp;&nbsp;$14734 | &nbsp;&nbsp;$17943 | &nbsp;&nbsp;$19686 | &nbsp;&nbsp;$23724 | &nbsp;&nbsp;$32926 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.64%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.63%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.66%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.66%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.62% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.64% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29% | &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;64% |

---

<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> Not annualized.

<sup>(5)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and administrator and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(6)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, less than 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$4.28 | &nbsp;&nbsp;$4.23 | &nbsp;&nbsp;$3.93 | &nbsp;&nbsp;$3.92 | &nbsp;&nbsp;$4.52 | &nbsp;&nbsp;$4.22 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.24 | &nbsp;&nbsp;$0.20 | &nbsp;&nbsp;$0.21 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.01<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.57) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.09** | &nbsp;&nbsp;**$0.32** | &nbsp;&nbsp;**$0.57** | &nbsp;&nbsp;**$0.25** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$0.54** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.24) | &nbsp;&nbsp;$(0.22) | &nbsp;&nbsp;$(0.19) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05) |
| **Total distributions** | &nbsp;&nbsp;**$(0.13)** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.24)** | &nbsp;&nbsp;**$(0.23)** | &nbsp;&nbsp;**$(0.24)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$4.24** | &nbsp;&nbsp;**$4.28** | &nbsp;&nbsp;**$4.23** | &nbsp;&nbsp;**$3.93** | &nbsp;&nbsp;**$3.92** | &nbsp;&nbsp;**$4.52** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.24%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.89%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.79%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.48%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8.36)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.93%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$752938 | &nbsp;&nbsp;$758521 | &nbsp;&nbsp;$803506 | &nbsp;&nbsp;$613247 | &nbsp;&nbsp;$471064 | &nbsp;&nbsp;$476949 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.25% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.91% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.65% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29% | &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;64% |

---

<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> Not annualized.

<sup>(5)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and administrator and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(6)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, less than 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

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;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Period Ended<br> October 31,<br> 2023<sup>(1)</sup>** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**Period Ended<br> October 31,<br> 2023<sup>(1)</sup>** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$4.28 | &nbsp;&nbsp;$4.23 | &nbsp;&nbsp;$3.93 | &nbsp;&nbsp;$4.05 |
| Income (Loss) From Operations |  |  |  |  |
| Net investment income<sup>(2)</sup> | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$0.08 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.06 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;(0.11) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.09** | &nbsp;&nbsp;**$0.33** | &nbsp;&nbsp;**$0.57** | &nbsp;&nbsp;**$(0.03)** |
| Less Distributions |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.14) | &nbsp;&nbsp;$(0.28) | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.09) |
| **Total distributions** | &nbsp;&nbsp;**$(0.14)** | &nbsp;&nbsp;**$(0.28)** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.09)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$4.23** | &nbsp;&nbsp;**$4.28** | &nbsp;&nbsp;**$4.23** | &nbsp;&nbsp;**$3.93** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.05%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.99%** | &nbsp;&nbsp;&nbsp;&nbsp;**14.90%** | &nbsp;&nbsp;&nbsp;&nbsp;**(0.83)%<sup>(4)</sup>** |
| Ratios/Supplemental Data |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$51480 | &nbsp;&nbsp;$43420 | &nbsp;&nbsp;$1230 | &nbsp;&nbsp;$57 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.56%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.55% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60%<sup>(7)</sup> |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.55%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.55%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60%<sup>(7)(8)</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.35%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.37% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.34% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.18%<sup>(7)</sup> |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29%<sup>(9)</sup> |

---

<sup>(1)</sup> For the period from the commencement of operations, June 30, 2023, to October 31, 2023.

<sup>(2)</sup> Computed using average shares outstanding.

<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> Not annualized.

<sup>(5)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and administrator and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(6)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026, the years ended October 31, 2025, 2024 and the period ended October 31, 2023).

<sup>(9)</sup> For the year ended October 31, 2023.

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance High Income Opportunities 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 offers four classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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 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 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. Net investment income, other than class-specific expenses, is allocated daily to each class of shares based upon the ratio of the value of each class's paid shares to the total value of all paid shares. 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 Fund invests all of its investable assets in interests in High Income Opportunities Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objectives and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (53.4% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The financial statements of the Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

The Fund declares dividends daily to shareholders of record at the time of declaration. Distributions are generally paid monthly. Distributions of realized capital gains are made at least annually. 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 reinvestment 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $18,150,647 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 October 31, 2025, $18,150,647 are long-term.

3 Investment Adviser Fee and Other Transactions with Affiliates

Pursuant to an investment advisory agreement with Eaton Vance Management (EVM), an indirect, wholly-owned subsidiary of Morgan Stanley, the Fund pays an investment adviser fee on its daily net assets that are not invested in other investment companies, and on its daily gross income that is not derived from other investment companies, for which EVM or its affiliates serve as investment adviser and receive an advisory fee at a per annum rate as follows and is payable monthly:

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| | | |
|:---|:---|:---|
| **Total Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Asset<br> Rate** | &nbsp;&nbsp;&nbsp;&nbsp;**Daily Income<br> Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.300% | &nbsp;&nbsp;&nbsp;&nbsp;3.000% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.275% | &nbsp;&nbsp;&nbsp;&nbsp;2.750% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.250% | &nbsp;&nbsp;&nbsp;&nbsp;2.500% |
| $1.5 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.225% | &nbsp;&nbsp;&nbsp;&nbsp;2.250% |
| $2 billion but less than $3 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.200% | &nbsp;&nbsp;&nbsp;&nbsp;2.000% |
| $3 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.175% | &nbsp;&nbsp;&nbsp;&nbsp;1.750% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. Pursuant to an investment sub-advisory agreement, EVM has delegated a portion of the investment management of the Fund to Eaton Vance Advisers International Ltd. (EVAIL), an affiliate of EVM. EVM pays EVAIL a portion of its investment adviser fee for sub-advisory services provided to the Fund. To the extent that the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR) to render investment advisory services. See Note 2 of the Portfolio's Notes to Financial Statements which are included elsewhere in this report. EVM also serves as the administrator of the Fund, but receives no compensation.

EVM and BMR have agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding such expenses as brokerage commissions, acquired fund fees and expenses of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 0.95%, 1.70%, 0.70% and 0.62% of the Fund's average daily net assets for Class A, Class C, Class I and Class R6, respectively. This agreement may be changed or terminated after March 1, 2027. For the six months ended April 30, 2026, no expenses were waived and/or reimbursed by EVM or BMR.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $36,915 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 $3,360 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. The Fund was informed that Morgan Stanley affiliated broker-dealers, which may be deemed to be affiliates of EVM, BMR and EVD, also received a portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026 in the amount of $2,723. EVD also received distribution and service fees from Class A and Class C shares (see Note 4) and contingent deferred sales charges (see Note 5).

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

Trustees and officers of the Fund who are members of EVM's or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

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 six months ended April 30, 2026 amounted to $289,916 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $53,130 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 six months ended April 30, 2026 amounted to $17,710 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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received no CDSCs paid by Class A shareholders and $557 of CDSCs paid by Class C shareholders.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $41,420,872 and $74,948,951, respectively.

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, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 4520855 | &nbsp;&nbsp;&nbsp;&nbsp;$19269114 | &nbsp;&nbsp;&nbsp;&nbsp;17166529 | &nbsp;&nbsp;&nbsp;&nbsp;$72629142 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 1446952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6157235 | &nbsp;&nbsp;&nbsp;&nbsp; 2878929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12206278 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8502749) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36204914) | &nbsp;&nbsp;&nbsp;&nbsp;(19850935) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83853008) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2534942)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(10778565)** | &nbsp;&nbsp;&nbsp;&nbsp; **194523** | &nbsp;&nbsp;&nbsp;&nbsp;**$982412** |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

Eaton Vance

High Income Opportunities Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 245361 | &nbsp;&nbsp;&nbsp;&nbsp;$1049748 | &nbsp;&nbsp;&nbsp;&nbsp; 579653 | &nbsp;&nbsp;&nbsp;&nbsp;$2459534 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 86208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 367572 | &nbsp;&nbsp;&nbsp;&nbsp; 195166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 828656 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (590621) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2522771) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1577944) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6670414) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(259052)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1105451)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(803125)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(3382224)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;22814931 | &nbsp;&nbsp;&nbsp;&nbsp;$97264692 | &nbsp;&nbsp;&nbsp;&nbsp;46245165 | &nbsp;&nbsp;&nbsp;&nbsp;$195965160 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 5180362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22076347 | &nbsp;&nbsp;&nbsp;&nbsp;11322931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48077680 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(27380927) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(116801776) | &nbsp;&nbsp;&nbsp;&nbsp;(70472769) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(298875396) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **614366** | &nbsp;&nbsp;&nbsp;&nbsp;**$2539263** | &nbsp;&nbsp;&nbsp;&nbsp;**(12904673)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(54832556)** |
| **Class R6** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 2373889 | &nbsp;&nbsp;&nbsp;&nbsp;$10113779 | &nbsp;&nbsp;&nbsp;&nbsp;18942210 | &nbsp;&nbsp;&nbsp;&nbsp;$80242617 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 353344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1503286 | &nbsp;&nbsp;&nbsp;&nbsp; 1110838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4711476 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (711064) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3023401) | &nbsp;&nbsp;&nbsp;&nbsp;(10197072) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43537872) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **2016169** | &nbsp;&nbsp;&nbsp;&nbsp;**$8593664** | &nbsp;&nbsp;&nbsp;&nbsp; **9855976** | &nbsp;&nbsp;&nbsp;&nbsp;**$41416221** |

---

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[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited)

------

Asset-Backed Securities — 2.0%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Ballyrock CLO 15 Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class D1R, 6.523%, (3 mo. SOFR + 2.85%), 1/15/38<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$1952204 |
| &nbsp;&nbsp;&nbsp;Series 2021-1A, Class ER, 8.923%, (3 mo. SOFR + 5.25%), 1/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1395474 |
| Ballyrock CLO 16 Ltd., Series 2021-16A, Class C2R, 7.425%, (3 mo. SOFR + 3.75%), 4/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1448520 |
| Barings CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class D2, 7.325%, (3 mo. SOFR + 3.65%), 4/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 991509 |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class E, 8.275%, (3 mo. SOFR + 4.60%), 4/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 990357 |
| Benefit Street Partners CLO XVI Ltd., Series 2018-16A, Class D2R2, 7.68%, (3 mo. SOFR + 4.00%), 1/17/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1995032 |
| Brookhaven Park CLO Ltd., Series 2024-1A, Class D, 7.275%, (3 mo. SOFR + 3.60%), 4/19/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 991294 |
| Bryant Park Funding Ltd., Series 2023-19A, Class D1R, 6.473%, (3 mo. SOFR + 2.80%), 4/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1457617 |
| Canyon Capital CLO Ltd., Series 2022-1A, Class E, 10.08%, (3 mo. SOFR + 6.40%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1826932 |
| Carlyle U.S. CLO Ltd., Series 2019-4A, Class DR, 10.273%, (3 mo. SOFR + 6.60%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1970168 |
| Eldridge CLO Ltd., Series 2025-2A, Class E, 8.905%, (3 mo. SOFR + 5.25%), 1/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 503895 |
| Elmwood CLO 40 Ltd., Series 2025-3A, Class E, 8.93%, (3 mo. SOFR + 5.25%), 3/22/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1513080 |
| Elmwood CLO VI Ltd., Series 2020-3A, Class D1RR, 6.775%, (3 mo. SOFR + 3.10%), 7/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1001700 |
| Golub Capital Partners CLO 72 B Ltd., Series 2024-72A, Class D, 7.667%, (3 mo. SOFR + 4.00%), 4/25/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1000050 |
| Harvest U.S. CLO Ltd., Series 2024-3A, Class D1, 6.975%, (3 mo. SOFR + 3.30%), 1/18/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1002652 |
| Madison Park Funding LIX Ltd., Series 2021-59A, Class ER, 10.075%, (3 mo. SOFR + 6.40%), 4/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1810828 |
| Madison Park Funding LV Ltd., Series 2022-55A, Class D1R, 6.825%, (3 mo. SOFR + 3.15%), 7/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1449665 |
| Madison Park Funding XXII Ltd., Series 2016-22A, Class D1R2, 6.573%, (3 mo. SOFR + 2.90%), 1/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1965476 |
| Madison Park Funding XXXVII Ltd., Series 2019-37A, Class ER2, 10.273%, (3 mo. SOFR + 6.60%), 4/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 929366 |
| Magnetite XXII Ltd., Series 2019-22A, Class DRR, 6.573%, (3 mo. SOFR + 2.90%), 7/15/36<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1251774 |

---

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| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| MidOcean Credit CLO XXII, Series 2026-22A, Class E, 8.569%, (3 mo. SOFR + 4.90%), 4/20/39<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$500061 |
| Neuberger Berman Loan Advisers CLO 59 Ltd., Series 2024-59A, Class E, 8.466%, (3 mo. SOFR + 4.80%), 1/23/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1993770 |
| Oaktree CLO Ltd., Series 2019-4A, Class D1RR, 7.075%, (3 mo. SOFR + 3.40%), 7/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1001391 |
| OCP CLO Ltd., Series 2024-32A, Class D1, 7.416%, (3 mo. SOFR + 3.75%), 4/23/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1504252 |
| Palmer Square CLO Ltd., Series 2018-1A, Class CR, 7.575%, (3 mo. SOFR + 3.90%), 4/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1487784 |
| RR 38 Ltd., Series 2025-38A, Class C2, 7.323%, (3 mo. SOFR + 3.65%), 4/15/40<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1953084 |
| Wellfleet CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-2A, Class E, 10.895%, (3 mo. SOFR + 7.222%), 7/15/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1681424 |
| &nbsp;&nbsp;&nbsp;Series 2021-3A, Class E, 11.035%, (3 mo. SOFR + 7.362%), 1/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1773570 |
| Total Asset-Backed Securities<br> (identified cost $40,711,303) |  | &nbsp;&nbsp;**$39342929** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Common Stocks — 2.0%

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| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Cable & Satellite TV — 0.1% | Cable & Satellite TV — 0.1% | Cable & Satellite TV — 0.1% |
| Charter Communications, Inc., Class A<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;$1321360 |
|  |  | &nbsp;&nbsp;**$1321360** |
| Containers — 0.2% | Containers — 0.2% | Containers — 0.2% |
| Crown Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;$4423950 |
|  |  | &nbsp;&nbsp;**$4423950** |
| Energy — 0.3% | Energy — 0.3% | Energy — 0.3% |
| Ascent CNR Corp., Class A<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62734 | &nbsp;&nbsp;$2111626 |
| Energy Transfer LP | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 4038000 |
|  |  | &nbsp;&nbsp;**$6149626** |
| Environmental — 0.3% | Environmental — 0.3% | Environmental — 0.3% |
| GFL Environmental, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;140500 | &nbsp;&nbsp;$5635455 |
|  |  | &nbsp;&nbsp;**$5635455** |
| Food, Beverage & Tobacco — 0.2% | Food, Beverage & Tobacco — 0.2% | Food, Beverage & Tobacco — 0.2% |
| Primo Brands Corp. | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;$5095000 |
|  |  | &nbsp;&nbsp;**$5095000** |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Gaming — 0.2% | Gaming — 0.2% | Gaming — 0.2% |
| Caesars Entertainment, Inc.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;120000 | &nbsp;&nbsp;$3336000 |
|  |  | &nbsp;&nbsp;**$3336000** |
| Healthcare — 0.3% | Healthcare — 0.3% | Healthcare — 0.3% |
| Acadia Healthcare Co., Inc.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;$5179000 |
| Keenova Therapeutics PLC<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 44895 |
| Par Health, Inc.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 2016 |
|  |  | &nbsp;&nbsp;**$5225911** |
| Homebuilders & Real Estate — 0.2% | Homebuilders & Real Estate — 0.2% | Homebuilders & Real Estate — 0.2% |
| James Hardie Industries PLC<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;$3148500 |
|  |  | &nbsp;&nbsp;**$3148500** |
| Leisure — 0.0% | Leisure — 0.0% | Leisure — 0.0% |
| iFIT Health and Fitness, Inc.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;514080 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Paper — 0.0%<sup>†</sup> | Paper — 0.0%<sup>†</sup> | Paper — 0.0%<sup>†</sup> |
| Enviva LLC<sup>(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57147 | &nbsp;&nbsp;$1157227 |
|  |  | &nbsp;&nbsp;**$1157227** |
| Utility — 0.2% | Utility — 0.2% | Utility — 0.2% |
| Vistra Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23528 | &nbsp;&nbsp;$3713660 |
|  |  | &nbsp;&nbsp;**$3713660** |
| Total Common Stocks<br> (identified cost $32,913,913) |  | &nbsp;&nbsp;**$39206689** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Bonds — 0.6%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Healthcare — 0.3% | Healthcare — 0.3% | Healthcare — 0.3% |
| Zoetis, Inc., 0.25%, 6/15/29<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;$5450500 |
|  |  | &nbsp;&nbsp;**$5450500** |
| Homebuilders & Real Estate — 0.1% | Homebuilders & Real Estate — 0.1% | Homebuilders & Real Estate — 0.1% |
| Pebblebrook Hotel Trust, 1.75%, 12/15/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2275 | &nbsp;&nbsp;$2241409 |
|  |  | &nbsp;&nbsp;**$2241409** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Technology — 0.2% | Technology — 0.2% | Technology — 0.2% |
| Zscaler, Inc., 0.00%, 7/15/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5270 | &nbsp;&nbsp;$4793065 |
|  |  | &nbsp;&nbsp;**$4793065** |
| Total Convertible Bonds<br> (identified cost $12,572,993) |  | &nbsp;&nbsp;**$12484974** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Preferred Stocks — 0.4%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Building Materials — 0.4% | Building Materials — 0.4% | Building Materials — 0.4% |
| QXO, Inc., 4.75%<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;847 | &nbsp;&nbsp;$8132072 |
| Total Convertible Preferred Stocks<br> (identified cost $8,470,000) |  | &nbsp;&nbsp;**$8132072** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Corporate Bonds — 80.7%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace — 2.4% | Aerospace — 2.4% | Aerospace — 2.4% |
| Amentum Holdings, Inc., 7.25%, 8/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6383 | &nbsp;&nbsp;$6610935 |
| Axon Enterprise, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 3/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp; 1640025 |
| &nbsp;&nbsp;&nbsp;6.25%, 3/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1215 | &nbsp;&nbsp;&nbsp;&nbsp; 1247527 |
| Bombardier, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 6/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1915 | &nbsp;&nbsp;&nbsp;&nbsp; 2001355 |
| &nbsp;&nbsp;&nbsp;7.25%, 7/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp; 2212222 |
| &nbsp;&nbsp;&nbsp;8.75%, 11/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2730 | &nbsp;&nbsp;&nbsp;&nbsp; 2901894 |
| BWX Technologies, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 6/30/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1591 | &nbsp;&nbsp;&nbsp;&nbsp; 1571531 |
| &nbsp;&nbsp;&nbsp;4.125%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1341 | &nbsp;&nbsp;&nbsp;&nbsp; 1307392 |
| CACI International, Inc., 6.375%, 6/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3145 | &nbsp;&nbsp;&nbsp;&nbsp; 3219547 |
| Moog, Inc., 5.50%, 10/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2495 | &nbsp;&nbsp;&nbsp;&nbsp; 2503463 |
| Science Applications International Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 4/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4831 | &nbsp;&nbsp;&nbsp;&nbsp; 4801516 |
| &nbsp;&nbsp;&nbsp;5.875%, 11/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4030 | &nbsp;&nbsp;&nbsp;&nbsp; 3979259 |
| TransDigm, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 1/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1777 | &nbsp;&nbsp;&nbsp;&nbsp; 1754884 |
| &nbsp;&nbsp;&nbsp;6.25%, 1/31/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1085 | &nbsp;&nbsp;&nbsp;&nbsp; 1110217 |
| &nbsp;&nbsp;&nbsp;6.375%, 3/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1580 | &nbsp;&nbsp;&nbsp;&nbsp; 1613504 |
| &nbsp;&nbsp;&nbsp;6.625%, 3/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5115 | &nbsp;&nbsp;&nbsp;&nbsp; 5263043 |
| &nbsp;&nbsp;&nbsp;6.75%, 8/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3719 | &nbsp;&nbsp;&nbsp;&nbsp; 3773885 |
|  |  | &nbsp;&nbsp;**$47512199** |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Air Transportation — 0.4% | Air Transportation — 0.4% | Air Transportation — 0.4% |
| Stonepeak Nile Parent LLC, 7.25%, 3/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2069 | &nbsp;&nbsp;$2166331 |
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 2/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4983 | &nbsp;&nbsp;&nbsp;&nbsp; 4671013 |
| &nbsp;&nbsp;&nbsp;9.50%, 6/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1370 | &nbsp;&nbsp;&nbsp;&nbsp; 1386120 |
|  |  | &nbsp;&nbsp;**$8223464** |
| Automotive & Auto Parts — 1.6% | Automotive & Auto Parts — 1.6% | Automotive & Auto Parts — 1.6% |
| Belron U.K. Finance PLC, 5.75%, 10/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;$7782170 |
| Champions Financing, Inc., 8.75%, 2/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1317 | &nbsp;&nbsp;&nbsp;&nbsp; 1282429 |
| Clarios Global LP/Clarios U.S. Finance Co.: |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 2/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2460 | &nbsp;&nbsp;&nbsp;&nbsp; 2542681 |
| &nbsp;&nbsp;&nbsp;6.75%, 9/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4540 | &nbsp;&nbsp;&nbsp;&nbsp; 4646781 |
| Ford Motor Co., 4.75%, 1/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2651 | &nbsp;&nbsp;&nbsp;&nbsp; 2049080 |
| IHO Verwaltungs GmbH, 7.375%, (7.375% cash or 8.125% PIK), 5/15/33<sup>(1)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1155 | &nbsp;&nbsp;&nbsp;&nbsp; 1175263 |
| Realtruck Group, Inc., 6.25%, 7/31/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5495 | &nbsp;&nbsp;&nbsp;&nbsp; 2060775 |
| Wand NewCo 3, Inc., 7.625%, 1/30/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8544 | &nbsp;&nbsp;&nbsp;&nbsp; 8899490 |
|  |  | &nbsp;&nbsp;**$30438669** |
| Broadcasting — 2.4% | Broadcasting — 2.4% | Broadcasting — 2.4% |
| Discovery Global Holdings, Inc., 5.05%, 3/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3101 | &nbsp;&nbsp;$2220409 |
| Nexstar Media, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 9/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5515 | &nbsp;&nbsp;&nbsp;&nbsp; 5561001 |
| &nbsp;&nbsp;&nbsp;7.25%, 4/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4965 | &nbsp;&nbsp;&nbsp;&nbsp; 5000281 |
| OAK-Eagle Acquireco, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;7.25%, 7/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12076 | &nbsp;&nbsp;&nbsp;&nbsp; 12448799 |
| &nbsp;&nbsp;&nbsp;8.75%, 7/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8946 | &nbsp;&nbsp;&nbsp;&nbsp; 9314905 |
| Sinclair Television Group, Inc., 8.125%, 2/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4043 | &nbsp;&nbsp;&nbsp;&nbsp; 4189417 |
| Starz Capital Holdings 1, Inc., 6.00%, 4/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350 | &nbsp;&nbsp;&nbsp;&nbsp; 1277437 |
| Univision Communications, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 7/31/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1415 | &nbsp;&nbsp;&nbsp;&nbsp; 1437081 |
| &nbsp;&nbsp;&nbsp;8.875%, 4/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1615 | &nbsp;&nbsp;&nbsp;&nbsp; 1625006 |
| &nbsp;&nbsp;&nbsp;9.375%, 8/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3136 | &nbsp;&nbsp;&nbsp;&nbsp; 3247651 |
|  |  | &nbsp;&nbsp;**$46321987** |
| Building Materials — 3.2% | Building Materials — 3.2% | Building Materials — 3.2% |
| AmeriTex HoldCo Intermediate LLC, 7.625%, 8/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2909 | &nbsp;&nbsp;$3027466 |
| Builders FirstSource, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 2/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5100 | &nbsp;&nbsp;&nbsp;&nbsp; 4736456 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2850 | &nbsp;&nbsp;&nbsp;&nbsp; 2791066 |
| CP Atlas Buyer, Inc., 9.75%, 7/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4153 | &nbsp;&nbsp;&nbsp;&nbsp; 3864352 |
| JH North America Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 1/31/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2031 | &nbsp;&nbsp;&nbsp;&nbsp; 2031648 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Building Materials (continued) | Building Materials (continued) | Building Materials (continued) |
| JH North America Holdings, Inc.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 7/31/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2605 | &nbsp;&nbsp;$2612526 |
| Masterbrand, Inc., 7.00%, 7/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5425 | &nbsp;&nbsp;&nbsp;&nbsp; 5399859 |
| Park River Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 3/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3241 | &nbsp;&nbsp;&nbsp;&nbsp; 3262109 |
| &nbsp;&nbsp;&nbsp;8.75%, 12/31/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1579 | &nbsp;&nbsp;&nbsp;&nbsp; 1494687 |
| Quikrete Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 3/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6010 | &nbsp;&nbsp;&nbsp;&nbsp; 6108612 |
| &nbsp;&nbsp;&nbsp;6.75%, 3/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5325 | &nbsp;&nbsp;&nbsp;&nbsp; 5403143 |
| Smyrna Ready Mix Concrete LLC, 6.00%, 11/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8415 | &nbsp;&nbsp;&nbsp;&nbsp; 8414057 |
| Standard Building Solutions, Inc., 6.50%, 8/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1885 | &nbsp;&nbsp;&nbsp;&nbsp; 1905122 |
| Standard Industries, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 1/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2778 | &nbsp;&nbsp;&nbsp;&nbsp; 2523357 |
| &nbsp;&nbsp;&nbsp;4.375%, 7/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3112 | &nbsp;&nbsp;&nbsp;&nbsp; 2973049 |
| &nbsp;&nbsp;&nbsp;4.75%, 1/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5218 | &nbsp;&nbsp;&nbsp;&nbsp; 5191767 |
|  |  | &nbsp;&nbsp;**$61739276** |
| Cable & Satellite TV — 2.1% | Cable & Satellite TV — 2.1% | Cable & Satellite TV — 2.1% |
| CCO Holdings LLC/CCO Holdings Capital Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 2/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1446 | &nbsp;&nbsp;$1314323 |
| &nbsp;&nbsp;&nbsp;4.25%, 1/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7857 | &nbsp;&nbsp;&nbsp;&nbsp; 6598548 |
| &nbsp;&nbsp;&nbsp;4.50%, 8/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7605 | &nbsp;&nbsp;&nbsp;&nbsp; 7097709 |
| &nbsp;&nbsp;&nbsp;4.50%, 5/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1055 | &nbsp;&nbsp;&nbsp;&nbsp; 927100 |
| &nbsp;&nbsp;&nbsp;4.75%, 3/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5575 | &nbsp;&nbsp;&nbsp;&nbsp; 5287578 |
| &nbsp;&nbsp;&nbsp;6.375%, 9/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2201 | &nbsp;&nbsp;&nbsp;&nbsp; 2206128 |
| Charter Communications Operating LLC/Charter Communications Operating Capital: |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 4/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4125 | &nbsp;&nbsp;&nbsp;&nbsp; 2532646 |
| &nbsp;&nbsp;&nbsp;3.90%, 6/1/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2690 | &nbsp;&nbsp;&nbsp;&nbsp; 1692155 |
| CSC Holdings LLC: |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 2/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3173 | &nbsp;&nbsp;&nbsp;&nbsp; 1846819 |
| &nbsp;&nbsp;&nbsp;4.125%, 12/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2060 | &nbsp;&nbsp;&nbsp;&nbsp; 1227992 |
| &nbsp;&nbsp;&nbsp;11.75%, 1/31/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2436 | &nbsp;&nbsp;&nbsp;&nbsp; 1745910 |
| DISH Network Corp., 11.75%, 11/15/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2604 | &nbsp;&nbsp;&nbsp;&nbsp; 2689919 |
| Versant Media Group, Inc., 7.25%, 1/30/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5315 | &nbsp;&nbsp;&nbsp;&nbsp; 5520980 |
|  |  | &nbsp;&nbsp;**$40687807** |
| Capital Goods — 2.9% | Capital Goods — 2.9% | Capital Goods — 2.9% |
| Arcosa, Inc., 6.875%, 8/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3675 | &nbsp;&nbsp;$3819909 |
| Calderys Financing II LLC, 11.75%, (11.75% cash or 12.50% PIK), 6/1/28<sup>(1)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3990 | &nbsp;&nbsp;&nbsp;&nbsp; 4052505 |
| Calderys Financing LLC, 11.25%, 6/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5427 | &nbsp;&nbsp;&nbsp;&nbsp; 5591443 |
| Chart Industries, Inc., 9.50%, 1/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4583 | &nbsp;&nbsp;&nbsp;&nbsp; 4820473 |
| EMRLD Borrower LP/Emerald Co-Issuer, Inc., 6.625%, 12/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9304 | &nbsp;&nbsp;&nbsp;&nbsp; 9536870 |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Capital Goods (continued) | Capital Goods (continued) | Capital Goods (continued) |
| ESAB Corp., 6.25%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2758 | &nbsp;&nbsp;$2797875 |
| JB Poindexter & Co., Inc., 8.75%, 12/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4504 | &nbsp;&nbsp;&nbsp;&nbsp; 4672868 |
| New Flyer Holdings, Inc., 9.25%, 7/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3580 | &nbsp;&nbsp;&nbsp;&nbsp; 3865287 |
| Patrick Industries, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 5/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5212 | &nbsp;&nbsp;&nbsp;&nbsp; 5142172 |
| &nbsp;&nbsp;&nbsp;6.375%, 11/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2905 | &nbsp;&nbsp;&nbsp;&nbsp; 2929875 |
| VoltaGrid LLC, 7.375%, 11/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9007 | &nbsp;&nbsp;&nbsp;&nbsp; 9352752 |
|  |  | &nbsp;&nbsp;**$56582029** |
| Chemicals — 2.3% | Chemicals — 2.3% | Chemicals — 2.3% |
| Avient Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 11/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3955 | &nbsp;&nbsp;$4014891 |
| &nbsp;&nbsp;&nbsp;7.125%, 8/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4654 | &nbsp;&nbsp;&nbsp;&nbsp; 4743310 |
| Celanese U.S. Holdings LLC, 7.20%, 11/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9428 | &nbsp;&nbsp;&nbsp;&nbsp; 10199050 |
| Compass Minerals International, Inc., 8.00%, 7/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4344 | &nbsp;&nbsp;&nbsp;&nbsp; 4537365 |
| INEOS Finance PLC, 7.50%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1421 | &nbsp;&nbsp;&nbsp;&nbsp; 1404571 |
| Olympus Water U.S. Holding Corp., 7.25%, 2/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14205 | &nbsp;&nbsp;&nbsp;&nbsp; 13897147 |
| Valvoline, Inc., 3.625%, 6/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7611 | &nbsp;&nbsp;&nbsp;&nbsp; 6938069 |
|  |  | &nbsp;&nbsp;**$45734403** |
| Consumer Products — 0.7% | Consumer Products — 0.7% | Consumer Products — 0.7% |
| Acushnet Co., 5.625%, 12/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7330 | &nbsp;&nbsp;$7382380 |
| Somnigroup International, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 10/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6589 | &nbsp;&nbsp;&nbsp;&nbsp; 6098003 |
| &nbsp;&nbsp;&nbsp;4.00%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855 | &nbsp;&nbsp;&nbsp;&nbsp; 827656 |
|  |  | &nbsp;&nbsp;**$14308039** |
| Containers — 1.8% | Containers — 1.8% | Containers — 1.8% |
| Ardagh Group SA, 9.50%, 12/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3950 | &nbsp;&nbsp;$4192186 |
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7130 | &nbsp;&nbsp;&nbsp;&nbsp; 6678166 |
| &nbsp;&nbsp;&nbsp;6.25%, 1/30/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1135 | &nbsp;&nbsp;&nbsp;&nbsp; 1143502 |
| Canpack SA/Canpack U.S. LLC, 3.875%, 11/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4061 | &nbsp;&nbsp;&nbsp;&nbsp; 3844872 |
| Clydesdale Acquisition Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 4/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2772 | &nbsp;&nbsp;&nbsp;&nbsp; 2610246 |
| &nbsp;&nbsp;&nbsp;8.75%, 4/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8520 | &nbsp;&nbsp;&nbsp;&nbsp; 7735403 |
| Sword Purchaser LLC, 8.25%, 4/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6715 | &nbsp;&nbsp;&nbsp;&nbsp; 6876181 |
| Toucan FinCo Ltd./Toucan FinCo Can, Inc./Toucan FinCo U.S. LLC, 9.50%, 5/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3379 | &nbsp;&nbsp;&nbsp;&nbsp; 2963782 |
|  |  | &nbsp;&nbsp;**$36044338** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Diversified Financial Services — 5.0% | Diversified Financial Services — 5.0% | Diversified Financial Services — 5.0% |
| Ally Financial, Inc., Series B, 4.70% to 5/15/26<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6533 | &nbsp;&nbsp;$6520003 |
| Azorra Finance Ltd., 7.25%, 1/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3495 | &nbsp;&nbsp;&nbsp;&nbsp; 3582532 |
| Block, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 8/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 3705824 |
| &nbsp;&nbsp;&nbsp;6.00%, 8/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4151 | &nbsp;&nbsp;&nbsp;&nbsp; 4146330 |
| Burford Capital Global Finance LLC, 8.50%, 1/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9475 | &nbsp;&nbsp;&nbsp;&nbsp; 8016039 |
| CI Financial Corp., 4.10%, 6/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3691 | &nbsp;&nbsp;&nbsp;&nbsp; 2468993 |
| Compass Group Diversified Holdings LLC, 5.25%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3971 | &nbsp;&nbsp;&nbsp;&nbsp; 3761274 |
| Diebold Nixdorf, Inc., 7.75%, 3/31/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5556 | &nbsp;&nbsp;&nbsp;&nbsp; 5850275 |
| Focus Financial Partners LLC, 6.75%, 9/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4595 | &nbsp;&nbsp;&nbsp;&nbsp; 4677686 |
| Hightower Holding LLC, 9.125%, 1/31/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6273 | &nbsp;&nbsp;&nbsp;&nbsp; 6543071 |
| Phoenix Aviation Capital Ltd., 9.25%, 7/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9060 | &nbsp;&nbsp;&nbsp;&nbsp; 9253866 |
| Rocket Cos., Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 8/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3625 | &nbsp;&nbsp;&nbsp;&nbsp; 3680644 |
| &nbsp;&nbsp;&nbsp;6.375%, 8/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5435 | &nbsp;&nbsp;&nbsp;&nbsp; 5508074 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 3/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5608 | &nbsp;&nbsp;&nbsp;&nbsp; 5385604 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 405788 |
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., 6.75%, 8/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2925 | &nbsp;&nbsp;&nbsp;&nbsp; 2921487 |
| SS&C Technologies, Inc., 5.50%, 9/30/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3691 | &nbsp;&nbsp;&nbsp;&nbsp; 3689885 |
| Stonebriar ABF Issuer LLC, 8.125%, 12/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8985 | &nbsp;&nbsp;&nbsp;&nbsp; 9442705 |
| United Wholesale Mortgage LLC, 5.50%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1480 | &nbsp;&nbsp;&nbsp;&nbsp; 1413193 |
| UWM Holdings LLC: |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 3/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5079 | &nbsp;&nbsp;&nbsp;&nbsp; 4713575 |
| &nbsp;&nbsp;&nbsp;6.625%, 2/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1921018 |
|  |  | &nbsp;&nbsp;**$97607866** |
| Diversified Media — 1.0% | Diversified Media — 1.0% | Diversified Media — 1.0% |
| Arches Buyer, Inc., 6.125%, 12/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4486 | &nbsp;&nbsp;$4365135 |
| Cars.com, Inc., 6.375%, 11/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3521 | &nbsp;&nbsp;&nbsp;&nbsp; 3463696 |
| Clear Channel Outdoor Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, 2/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1772 | &nbsp;&nbsp;&nbsp;&nbsp; 1843397 |
| &nbsp;&nbsp;&nbsp;7.50%, 3/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796 | &nbsp;&nbsp;&nbsp;&nbsp; 836718 |
| &nbsp;&nbsp;&nbsp;7.75%, 4/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2149 | &nbsp;&nbsp;&nbsp;&nbsp; 2165850 |
| &nbsp;&nbsp;&nbsp;7.875%, 4/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1146 | &nbsp;&nbsp;&nbsp;&nbsp; 1193941 |
| Getty Images, Inc., 10.50%, 11/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2889 | &nbsp;&nbsp;&nbsp;&nbsp; 2563474 |
| Stagwell Global LLC, 5.625%, 8/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3307 | &nbsp;&nbsp;&nbsp;&nbsp; 3147899 |
|  |  | &nbsp;&nbsp;**$19580110** |
| Energy — 7.8% | Energy — 7.8% | Energy — 7.8% |
| Aethon III BR LLC, 1.00%, 1/10/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;$14942535 |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Energy (continued) | Energy (continued) | Energy (continued) |
| Aethon United BR LP/Aethon United Finance Corp., 7.50%, 10/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4210 | &nbsp;&nbsp;$4399943 |
| Archrock Services LP/Archrock Partners Finance Corp., 6.00%, 2/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1620 | &nbsp;&nbsp;&nbsp;&nbsp; 1631277 |
| Crescent Energy Finance LLC, 7.875%, 4/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1243 | &nbsp;&nbsp;&nbsp;&nbsp; 1289327 |
| DBR Land Holdings LLC, 6.25%, 12/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4611 | &nbsp;&nbsp;&nbsp;&nbsp; 4723070 |
| Enerflex, Inc., 6.875%, 1/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4020 | &nbsp;&nbsp;&nbsp;&nbsp; 4143486 |
| Energy Transfer LP, 5.00%, 5/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2087 | &nbsp;&nbsp;&nbsp;&nbsp; 1744507 |
| Global Partners LP/GLP Finance Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, 7/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3526 | &nbsp;&nbsp;&nbsp;&nbsp; 3615504 |
| &nbsp;&nbsp;&nbsp;8.25%, 1/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5208 | &nbsp;&nbsp;&nbsp;&nbsp; 5470223 |
| Kinetik Holdings LP, 5.875%, 6/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5259 | &nbsp;&nbsp;&nbsp;&nbsp; 5279684 |
| Kodiak Gas Services LLC: |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 10/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2912 | &nbsp;&nbsp;&nbsp;&nbsp; 2980249 |
| &nbsp;&nbsp;&nbsp;6.75%, 10/1/35<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1220 | &nbsp;&nbsp;&nbsp;&nbsp; 1267916 |
| Matador Resources Co.: |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 4/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2110 | &nbsp;&nbsp;&nbsp;&nbsp; 2119010 |
| &nbsp;&nbsp;&nbsp;6.50%, 4/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3560 | &nbsp;&nbsp;&nbsp;&nbsp; 3636964 |
| NGL Energy Operating LLC/NGL Energy Finance Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;8.125%, 2/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1656 | &nbsp;&nbsp;&nbsp;&nbsp; 1717376 |
| &nbsp;&nbsp;&nbsp;8.375%, 2/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2664 | &nbsp;&nbsp;&nbsp;&nbsp; 2797200 |
| Permian Resources Operating LLC: |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 7/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2641 | &nbsp;&nbsp;&nbsp;&nbsp; 2644304 |
| &nbsp;&nbsp;&nbsp;6.25%, 2/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2615 | &nbsp;&nbsp;&nbsp;&nbsp; 2678761 |
| &nbsp;&nbsp;&nbsp;7.00%, 1/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2706 | &nbsp;&nbsp;&nbsp;&nbsp; 2815904 |
| Plains All American Pipeline LP, Series B, 8.024%, (3 mo. SOFR + 4.372%)<sup>(2)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4645 | &nbsp;&nbsp;&nbsp;&nbsp; 4656624 |
| SM Energy Co.: |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 4/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1760 | &nbsp;&nbsp;&nbsp;&nbsp; 1785089 |
| &nbsp;&nbsp;&nbsp;7.00%, 8/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2975 | &nbsp;&nbsp;&nbsp;&nbsp; 3055545 |
| &nbsp;&nbsp;&nbsp;8.625%, 11/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4798 | &nbsp;&nbsp;&nbsp;&nbsp; 5077483 |
| Sunoco LP: |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 10/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2516 | &nbsp;&nbsp;&nbsp;&nbsp; 2466898 |
| &nbsp;&nbsp;&nbsp;4.625%, 5/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2534 | &nbsp;&nbsp;&nbsp;&nbsp; 2465668 |
| &nbsp;&nbsp;&nbsp;5.875%, 3/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3550 | &nbsp;&nbsp;&nbsp;&nbsp; 3539070 |
| &nbsp;&nbsp;&nbsp;7.25%, 5/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3010 | &nbsp;&nbsp;&nbsp;&nbsp; 3153797 |
| &nbsp;&nbsp;&nbsp;7.875% to 9/18/30<sup>(1)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14130 | &nbsp;&nbsp;&nbsp;&nbsp; 14640743 |
| Sunoco LP/Sunoco Finance Corp., 4.50%, 4/30/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2835 | &nbsp;&nbsp;&nbsp;&nbsp; 2756033 |
| Superior Plus LP/Superior General Partner, Inc., 4.50%, 3/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5975 | &nbsp;&nbsp;&nbsp;&nbsp; 5796692 |
| Transocean International Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;7.875%, 10/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 804003 |
| &nbsp;&nbsp;&nbsp;8.25%, 5/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3579 | &nbsp;&nbsp;&nbsp;&nbsp; 3717940 |
| &nbsp;&nbsp;&nbsp;8.75%, 2/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995 | &nbsp;&nbsp;&nbsp;&nbsp; 1043046 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Energy (continued) | Energy (continued) | Energy (continued) | Energy (continued) |
| Venture Global Calcasieu Pass LLC, 6.00%, 5/1/36<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3445 | &nbsp;&nbsp;$3473432 |
| Venture Global LNG, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.375%, 6/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1771 | &nbsp;&nbsp;&nbsp;&nbsp; 1847337 |
| &nbsp;&nbsp;&nbsp;9.00% to 9/30/29<sup>(1)(7)(8)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5017 | &nbsp;&nbsp;&nbsp;&nbsp; 4965464 |
| &nbsp;&nbsp;&nbsp;9.50%, 2/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5523 | &nbsp;&nbsp;&nbsp;&nbsp; 6030022 |
| &nbsp;&nbsp;&nbsp;9.875%, 2/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686 | &nbsp;&nbsp;&nbsp;&nbsp; 736297 |
| WBI Operating LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 10/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4248 | &nbsp;&nbsp;&nbsp;&nbsp; 4309405 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3673 | &nbsp;&nbsp;&nbsp;&nbsp; 3714523 |
| Weatherford International Ltd., 6.75%, 10/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2475 | &nbsp;&nbsp;&nbsp;&nbsp; 2568703 |
|  |  |  | &nbsp;&nbsp;**$152501054** |
| Entertainment & Film — 0.2% | Entertainment & Film — 0.2% | Entertainment & Film — 0.2% | Entertainment & Film — 0.2% |
| Cinemark USA, Inc., 5.25%, 7/15/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4631 | &nbsp;&nbsp;$4616129 |
|  |  |  | &nbsp;&nbsp;**$4616129** |
| Environmental — 1.7% | Environmental — 1.7% | Environmental — 1.7% | Environmental — 1.7% |
| Biffa Group Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 6/15/31<sup>(9)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5525 | &nbsp;&nbsp;$6421113 |
| &nbsp;&nbsp;&nbsp;7.375%, 6/15/31<sup>(9)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3225 | &nbsp;&nbsp;&nbsp;&nbsp; 4402162 |
| Clean Harbors, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 7/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1187 | &nbsp;&nbsp;&nbsp;&nbsp; 1178958 |
| &nbsp;&nbsp;&nbsp;6.375%, 2/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1560 | &nbsp;&nbsp;&nbsp;&nbsp; 1588865 |
| GFL Environmental Holdings U.S., Inc., 5.50%, 2/1/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5090 | &nbsp;&nbsp;&nbsp;&nbsp; 5013287 |
| GFL Environmental, Inc., 4.75%, 6/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9118 | &nbsp;&nbsp;&nbsp;&nbsp; 9016602 |
| Reworld Holding Corp., 4.875%, 12/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3299 | &nbsp;&nbsp;&nbsp;&nbsp; 3170108 |
| Wrangler Holdco Corp., 6.625%, 4/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1905 | &nbsp;&nbsp;&nbsp;&nbsp; 1966737 |
|  |  |  | &nbsp;&nbsp;**$32757832** |
| Food & Drug Retail — 0.7% | Food & Drug Retail — 0.7% | Food & Drug Retail — 0.7% | Food & Drug Retail — 0.7% |
| Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 2/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1808 | &nbsp;&nbsp;$1770888 |
| &nbsp;&nbsp;&nbsp;5.625%, 3/31/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7370 | &nbsp;&nbsp;&nbsp;&nbsp; 7273904 |
| Ingles Markets, Inc., 4.00%, 6/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4305 | &nbsp;&nbsp;&nbsp;&nbsp; 4071713 |
|  |  |  | &nbsp;&nbsp;**$13116505** |
| Food, Beverage & Tobacco — 2.4% | Food, Beverage & Tobacco — 2.4% | Food, Beverage & Tobacco — 2.4% | Food, Beverage & Tobacco — 2.4% |
| BellRing Brands, Inc., 7.00%, 3/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3768 | &nbsp;&nbsp;$3829061 |
| Cerdia Finanz GmbH, 9.375%, 10/3/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5011 | &nbsp;&nbsp;&nbsp;&nbsp; 4823088 |
| Chobani LLC/Chobani Finance Corp., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/15/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2225 | &nbsp;&nbsp;&nbsp;&nbsp; 2205161 |
| &nbsp;&nbsp;&nbsp;6.375%, 4/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6015 | &nbsp;&nbsp;&nbsp;&nbsp; 6141019 |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Food, Beverage & Tobacco (continued) | Food, Beverage & Tobacco (continued) | Food, Beverage & Tobacco (continued) | Food, Beverage & Tobacco (continued) |
| Chobani LLC/Chobani Finance Corp., Inc.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;7.625%, 7/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5749 | &nbsp;&nbsp;$5941781 |
| Performance Food Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 8/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5450 | &nbsp;&nbsp;&nbsp;&nbsp; 5287694 |
| &nbsp;&nbsp;&nbsp;6.125%, 9/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2715 | &nbsp;&nbsp;&nbsp;&nbsp; 2755508 |
| Post Holdings, Inc., 6.25%, 2/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2786 | &nbsp;&nbsp;&nbsp;&nbsp; 2842687 |
| Primo Water Holdings, Inc./Triton Water Holdings, Inc., 6.25%, 4/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4325 | &nbsp;&nbsp;&nbsp;&nbsp; 4333265 |
| U.S. Foods, Inc., 4.75%, 2/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6726 | &nbsp;&nbsp;&nbsp;&nbsp; 6657318 |
| Viking Baked Goods Acquisition Corp., 8.625%, 11/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2515 | &nbsp;&nbsp;&nbsp;&nbsp; 2574142 |
|  |  |  | &nbsp;&nbsp;**$47390724** |
| Gaming — 2.7% | Gaming — 2.7% | Gaming — 2.7% | Gaming — 2.7% |
| Allwyn Entertainment Financing U.K. PLC, 7.875%, 4/30/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6627 | &nbsp;&nbsp;$6827099 |
| Brightstar Lottery PLC, 5.25%, 1/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2540 | &nbsp;&nbsp;&nbsp;&nbsp; 2530286 |
| Brightstar Lottery PLC/Brightstar Global Solutions Corp., 5.75%, 1/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2445 | &nbsp;&nbsp;&nbsp;&nbsp; 2398898 |
| Caesars Entertainment, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 2/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2499 | &nbsp;&nbsp;&nbsp;&nbsp; 2430477 |
| &nbsp;&nbsp;&nbsp;7.00%, 2/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;&nbsp;&nbsp; 2945889 |
| Churchill Downs, Inc., 5.75%, 4/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1667 | &nbsp;&nbsp;&nbsp;&nbsp; 1662532 |
| Flutter Treasury DAC, 5.875%, 6/4/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4229 | &nbsp;&nbsp;&nbsp;&nbsp; 4216482 |
| Genting New York LLC/GENNY Capital, Inc., 7.25%, 10/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4688 | &nbsp;&nbsp;&nbsp;&nbsp; 4763244 |
| Great Canadian Gaming Corp./Raptor LLC, 8.75%, 11/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 4389869 |
| LHMC Finco 2 SARL, 9.375%, (8.625% cash or 9.375% PIK), 5/15/30<sup>(1)(6)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2682 | &nbsp;&nbsp;&nbsp;&nbsp; 3314816 |
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC, 8.25%, 4/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5996 | &nbsp;&nbsp;&nbsp;&nbsp; 6244475 |
| Rivers Enterprise Borrower LLC, 6.25%, 10/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1031 | &nbsp;&nbsp;&nbsp;&nbsp; 1049297 |
| Voyager Parent LLC, 9.25%, 7/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10143 | &nbsp;&nbsp;&nbsp;&nbsp; 10792132 |
|  |  |  | &nbsp;&nbsp;**$53565496** |
| Healthcare — 7.2% | Healthcare — 7.2% | Healthcare — 7.2% | Healthcare — 7.2% |
| 1261229 BC Ltd., 10.00%, 4/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8055 | &nbsp;&nbsp;$8324383 |
| Amneal Pharmaceuticals LLC, 6.875%, 8/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2186 | &nbsp;&nbsp;&nbsp;&nbsp; 2272977 |
| athenahealth Group, Inc., 6.50%, 2/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16010 | &nbsp;&nbsp;&nbsp;&nbsp; 15271816 |
| Encompass Health Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 4/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2698 | &nbsp;&nbsp;&nbsp;&nbsp; 2632330 |
| &nbsp;&nbsp;&nbsp;4.75%, 2/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1109 | &nbsp;&nbsp;&nbsp;&nbsp; 1092437 |
| Fortrea Holdings, Inc., 7.50%, 7/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4501 | &nbsp;&nbsp;&nbsp;&nbsp; 4385270 |
| Global Medical Response, Inc., 7.375%, 10/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5503 | &nbsp;&nbsp;&nbsp;&nbsp; 5739684 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Healthcare (continued) | Healthcare (continued) | Healthcare (continued) | Healthcare (continued) |
| HealthEquity, Inc., 4.50%, 10/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5710 | &nbsp;&nbsp;$5549371 |
| Heartland Dental LLC/Heartland Dental Finance Corp., 10.50%, 4/30/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1658 | &nbsp;&nbsp;&nbsp;&nbsp; 1706609 |
| IQVIA, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/27<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1329 | &nbsp;&nbsp;&nbsp;&nbsp; 1328556 |
| &nbsp;&nbsp;&nbsp;6.25%, 6/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5683 | &nbsp;&nbsp;&nbsp;&nbsp; 5794648 |
| &nbsp;&nbsp;&nbsp;6.50%, 5/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1862 | &nbsp;&nbsp;&nbsp;&nbsp; 1907349 |
| LifePoint Health, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 1/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6397 | &nbsp;&nbsp;&nbsp;&nbsp; 6173618 |
| &nbsp;&nbsp;&nbsp;10.00%, 6/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930 | &nbsp;&nbsp;&nbsp;&nbsp; 953018 |
| Medline Borrower LP, 5.25%, 10/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12917 | &nbsp;&nbsp;&nbsp;&nbsp; 12862112 |
| National Mentor Holdings, Inc., 10.50%, 12/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5329 | &nbsp;&nbsp;&nbsp;&nbsp; 5577941 |
| Option Care Health, Inc., 4.375%, 10/31/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5025 | &nbsp;&nbsp;&nbsp;&nbsp; 4866744 |
| P&L Development LLC/PLD Finance Corp., 12.00%, (12.00% cash or 9.00% cash and 3.50% PIK), 5/15/29<sup>(1)(6)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1882 | &nbsp;&nbsp;&nbsp;&nbsp; 1877492 |
| Perrigo Finance Unlimited Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/44 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1242 | &nbsp;&nbsp;&nbsp;&nbsp; 908563 |
| &nbsp;&nbsp;&nbsp;5.15%, 6/15/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4615 | &nbsp;&nbsp;&nbsp;&nbsp; 4379747 |
| Surgery Center Holdings, Inc., 7.25%, 4/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6562 | &nbsp;&nbsp;&nbsp;&nbsp; 6552684 |
| Team Health Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.375%, 6/30/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2803 | &nbsp;&nbsp;&nbsp;&nbsp; 2814632 |
| &nbsp;&nbsp;&nbsp;13.50%, (9.00% cash and 4.50% PIK), 6/30/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6046 | &nbsp;&nbsp;&nbsp;&nbsp; 6359667 |
| TEAM Services Holding, Inc., 9.00%, 2/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3675 | &nbsp;&nbsp;&nbsp;&nbsp; 3678895 |
| Tenet Healthcare Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 1/15/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287 | &nbsp;&nbsp;&nbsp;&nbsp; 278229 |
| &nbsp;&nbsp;&nbsp;5.125%, 11/1/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3030 | &nbsp;&nbsp;&nbsp;&nbsp; 3028835 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2715 | &nbsp;&nbsp;&nbsp;&nbsp; 2709460 |
| &nbsp;&nbsp;&nbsp;6.00%, 11/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1410 | &nbsp;&nbsp;&nbsp;&nbsp; 1425826 |
| &nbsp;&nbsp;&nbsp;6.125%, 10/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3518 | &nbsp;&nbsp;&nbsp;&nbsp; 3528762 |
| Teva Pharmaceutical Finance Netherlands III BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.10%, 10/1/46 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9601 | &nbsp;&nbsp;&nbsp;&nbsp; 7404836 |
| &nbsp;&nbsp;&nbsp;6.00%, 12/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp; 3334000 |
| U.S. Acute Care Solutions LLC, 9.75%, 5/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6185 | &nbsp;&nbsp;&nbsp;&nbsp; 5852786 |
|  |  |  | &nbsp;&nbsp;**$140573277** |
| Homebuilders & Real Estate — 2.8% | Homebuilders & Real Estate — 2.8% | Homebuilders & Real Estate — 2.8% | Homebuilders & Real Estate — 2.8% |
| Alexandrite Lake Lux Holdings SARL, 6.75%, 7/30/30<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2520 | &nbsp;&nbsp;$2914327 |
| Artera Services LLC, 8.50%, 2/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2876 | &nbsp;&nbsp;&nbsp;&nbsp; 2478665 |
| Ashton Woods USA LLC/Ashton Woods Finance Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 8/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1606 | &nbsp;&nbsp;&nbsp;&nbsp; 1538416 |
| &nbsp;&nbsp;&nbsp;4.625%, 4/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2665 | &nbsp;&nbsp;&nbsp;&nbsp; 2539269 |
| Cushman & Wakefield U.S. Borrower LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 5/15/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3604 | &nbsp;&nbsp;&nbsp;&nbsp; 3606354 |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Homebuilders & Real Estate (continued) | Homebuilders & Real Estate (continued) | Homebuilders & Real Estate (continued) |
| Cushman & Wakefield U.S. Borrower LLC: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;8.875%, 9/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1988 | &nbsp;&nbsp;$2093805 |
| Greystar Real Estate Partners LLC, 7.75%, 9/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7888 | &nbsp;&nbsp;&nbsp;&nbsp; 8221607 |
| K Hovnanian Enterprises, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 4/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2980 | &nbsp;&nbsp;&nbsp;&nbsp; 3007595 |
| &nbsp;&nbsp;&nbsp;8.375%, 10/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2510 | &nbsp;&nbsp;&nbsp;&nbsp; 2524046 |
| Outfront Media Capital LLC/Outfront Media Capital Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 1/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1965 | &nbsp;&nbsp;&nbsp;&nbsp; 1918290 |
| &nbsp;&nbsp;&nbsp;4.625%, 3/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1792 | &nbsp;&nbsp;&nbsp;&nbsp; 1744755 |
| &nbsp;&nbsp;&nbsp;7.375%, 2/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4674 | &nbsp;&nbsp;&nbsp;&nbsp; 4891411 |
| Risewell Homes, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 11/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2976 | &nbsp;&nbsp;&nbsp;&nbsp; 3044368 |
| &nbsp;&nbsp;&nbsp;9.25%, 10/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8080 | &nbsp;&nbsp;&nbsp;&nbsp; 8393916 |
| STL Holding Co. LLC, 8.75%, 2/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp; 1972799 |
| Taylor Morrison Communities, Inc., 5.75%, 11/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1535 | &nbsp;&nbsp;&nbsp;&nbsp; 1552846 |
| TopBuild Corp., 4.125%, 2/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2923 | &nbsp;&nbsp;&nbsp;&nbsp; 2924976 |
|  |  | &nbsp;&nbsp;**$55367445** |
| Insurance — 2.4% | Insurance — 2.4% | Insurance — 2.4% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer: |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 10/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1076 | &nbsp;&nbsp;$1086544 |
| &nbsp;&nbsp;&nbsp;6.75%, 10/15/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8655 | &nbsp;&nbsp;&nbsp;&nbsp; 8654038 |
| &nbsp;&nbsp;&nbsp;7.00%, 1/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1907 | &nbsp;&nbsp;&nbsp;&nbsp; 1947596 |
| &nbsp;&nbsp;&nbsp;7.375%, 10/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;&nbsp; 757557 |
| Amynta Agency Borrower, Inc. & Amynta Warranty Borrower, Inc., 7.50%, 7/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12698 | &nbsp;&nbsp;&nbsp;&nbsp; 12394671 |
| Asurion LLC/Asurion Co-Issuer, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 12/31/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8470 | &nbsp;&nbsp;&nbsp;&nbsp; 8852836 |
| &nbsp;&nbsp;&nbsp;8.375%, 2/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2415 | &nbsp;&nbsp;&nbsp;&nbsp; 2384602 |
| Panther Escrow Issuer LLC, 7.125%, 6/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5797 | &nbsp;&nbsp;&nbsp;&nbsp; 5827421 |
| Ryan Specialty LLC, 5.875%, 8/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5061 | &nbsp;&nbsp;&nbsp;&nbsp; 5062957 |
|  |  | &nbsp;&nbsp;**$46968222** |
| Leisure — 0.9% | Leisure — 0.9% | Leisure — 0.9% |
| Carnival Corp., 5.75%, 8/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3530 | &nbsp;&nbsp;$3552161 |
| Motion Bondco DAC, 6.625%, 11/15/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2185 | &nbsp;&nbsp;&nbsp;&nbsp; 2098838 |
| Motion Finco SARL, 8.375%, 2/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1148089 |
| NCL Corp. Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 2/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4195 | &nbsp;&nbsp;&nbsp;&nbsp; 4177963 |
| &nbsp;&nbsp;&nbsp;7.75%, 2/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3584 | &nbsp;&nbsp;&nbsp;&nbsp; 3743029 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Leisure (continued) | Leisure (continued) | Leisure (continued) |
| Speedway Motorsports LLC/Speedway Funding II, Inc., 4.875%, 11/1/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2559 | &nbsp;&nbsp;$2553203 |
|  |  | &nbsp;&nbsp;**$17273283** |
| Metals & Mining — 1.4% | Metals & Mining — 1.4% | Metals & Mining — 1.4% |
| Arsenal AIC Parent LLC, 11.50%, 10/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2732 | &nbsp;&nbsp;$2958920 |
| Constellium SE, 3.75%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4864 | &nbsp;&nbsp;&nbsp;&nbsp; 4694049 |
| Eldorado Gold Corp., 6.25%, 9/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4103 | &nbsp;&nbsp;&nbsp;&nbsp; 4097388 |
| First Quantum Minerals Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 2/15/36<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5443 | &nbsp;&nbsp;&nbsp;&nbsp; 5354240 |
| &nbsp;&nbsp;&nbsp;7.25%, 2/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2620 | &nbsp;&nbsp;&nbsp;&nbsp; 2695629 |
| &nbsp;&nbsp;&nbsp;8.00%, 3/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2155 | &nbsp;&nbsp;&nbsp;&nbsp; 2267038 |
| Hudbay Minerals, Inc., 6.125%, 4/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2194 | &nbsp;&nbsp;&nbsp;&nbsp; 2204119 |
| Roller Bearing Co. of America, Inc., 4.375%, 10/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4082 | &nbsp;&nbsp;&nbsp;&nbsp; 3996416 |
|  |  | &nbsp;&nbsp;**$28267799** |
| Publishing & Printing — 0.6% | Publishing & Printing — 0.6% | Publishing & Printing — 0.6% |
| Cimpress PLC, 7.375%, 9/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;$1749046 |
| McGraw-Hill Education, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 8/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3019 | &nbsp;&nbsp;&nbsp;&nbsp; 2998211 |
| &nbsp;&nbsp;&nbsp;7.375%, 9/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2050 | &nbsp;&nbsp;&nbsp;&nbsp; 2119444 |
| &nbsp;&nbsp;&nbsp;8.00%, 8/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4366 | &nbsp;&nbsp;&nbsp;&nbsp; 4371117 |
|  |  | &nbsp;&nbsp;**$11237818** |
| Railroad — 0.3% | Railroad — 0.3% | Railroad — 0.3% |
| Watco Cos. LLC/Watco Finance Corp., 7.125%, 8/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5455 | &nbsp;&nbsp;$5673205 |
|  |  | &nbsp;&nbsp;**$5673205** |
| Restaurant — 0.6% | Restaurant — 0.6% | Restaurant — 0.6% |
| 1011778 BC ULC/New Red Finance, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 1/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2176 | &nbsp;&nbsp;$2136708 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5641 | &nbsp;&nbsp;&nbsp;&nbsp; 5369659 |
| Yum! Brands, Inc., 3.625%, 3/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4317 | &nbsp;&nbsp;&nbsp;&nbsp; 4023671 |
|  |  | &nbsp;&nbsp;**$11530038** |
| Services — 5.8% | Services — 5.8% | Services — 5.8% |
| Allied Universal Holdco LLC, 7.875%, 2/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2695 | &nbsp;&nbsp;$2828772 |
| Allied Universal Holdco LLC/Allied Universal Finance Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 6/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2157 | &nbsp;&nbsp;&nbsp;&nbsp; 2142103 |
| &nbsp;&nbsp;&nbsp;6.875%, 6/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2140 | &nbsp;&nbsp;&nbsp;&nbsp; 2203261 |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Services (continued) | Services (continued) | Services (continued) |
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 6/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2161 | &nbsp;&nbsp;$2130405 |
| &nbsp;&nbsp;&nbsp;4.625%, 6/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4887 | &nbsp;&nbsp;&nbsp;&nbsp; 4820571 |
| APi Group DE, Inc., 4.75%, 10/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4707 | &nbsp;&nbsp;&nbsp;&nbsp; 4634453 |
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 8.375%, 6/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1555 | &nbsp;&nbsp;&nbsp;&nbsp; 1564282 |
| Clarivate Science Holdings Corp., 4.875%, 7/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2410 | &nbsp;&nbsp;&nbsp;&nbsp; 2188046 |
| Herc Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 3/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;&nbsp;&nbsp; 962876 |
| &nbsp;&nbsp;&nbsp;6.00%, 3/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1141496 |
| &nbsp;&nbsp;&nbsp;7.00%, 6/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3355 | &nbsp;&nbsp;&nbsp;&nbsp; 3492481 |
| &nbsp;&nbsp;&nbsp;7.25%, 6/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3625 | &nbsp;&nbsp;&nbsp;&nbsp; 3798380 |
| Ingram Micro, Inc., 4.75%, 5/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7541 | &nbsp;&nbsp;&nbsp;&nbsp; 7416211 |
| Korn Ferry, 4.625%, 12/15/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4509 | &nbsp;&nbsp;&nbsp;&nbsp; 4483513 |
| LBM Acquisition LLC: |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 1/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2086 | &nbsp;&nbsp;&nbsp;&nbsp; 1447561 |
| &nbsp;&nbsp;&nbsp;9.50%, 6/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7237 | &nbsp;&nbsp;&nbsp;&nbsp; 6341310 |
| Neptune Bidco U.S., Inc., 9.29%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp; 1746027 |
| NESCO Holdings II, Inc., 5.50%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3951 | &nbsp;&nbsp;&nbsp;&nbsp; 3934418 |
| RB Global Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 3/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2550 | &nbsp;&nbsp;&nbsp;&nbsp; 2587761 |
| &nbsp;&nbsp;&nbsp;7.75%, 3/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1032 | &nbsp;&nbsp;&nbsp;&nbsp; 1072794 |
| Specialty Building Products Holdings LLC/SBP Finance Corp., 7.75%, 10/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4942 | &nbsp;&nbsp;&nbsp;&nbsp; 4366435 |
| Synergy Infrastructure Holdings LLC, 7.875%, 12/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3949 | &nbsp;&nbsp;&nbsp;&nbsp; 4155943 |
| TKC Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 8/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6550 | &nbsp;&nbsp;&nbsp;&nbsp; 6708857 |
| &nbsp;&nbsp;&nbsp;12.00%, 2/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1155 | &nbsp;&nbsp;&nbsp;&nbsp; 1204467 |
| VM Consolidated, Inc., 5.50%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3967 | &nbsp;&nbsp;&nbsp;&nbsp; 3892088 |
| WESCO Distribution, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 4/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6205 | &nbsp;&nbsp;&nbsp;&nbsp; 6216648 |
| &nbsp;&nbsp;&nbsp;6.375%, 3/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2127 | &nbsp;&nbsp;&nbsp;&nbsp; 2171529 |
| &nbsp;&nbsp;&nbsp;6.375%, 3/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2955 | &nbsp;&nbsp;&nbsp;&nbsp; 3054415 |
| &nbsp;&nbsp;&nbsp;6.625%, 3/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3548 | &nbsp;&nbsp;&nbsp;&nbsp; 3678974 |
| &nbsp;&nbsp;&nbsp;7.25%, 6/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1848 | &nbsp;&nbsp;&nbsp;&nbsp; 1853635 |
| White Cap Supply Holdings LLC, 7.375%, 11/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8559 | &nbsp;&nbsp;&nbsp;&nbsp; 8660749 |
| Windsor Holdings III LLC, 8.50%, 6/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7346 | &nbsp;&nbsp;&nbsp;&nbsp; 7677562 |
|  |  | &nbsp;&nbsp;**$114578023** |
| Steel — 1.0% | Steel — 1.0% | Steel — 1.0% |
| Cleveland-Cliffs, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;7.375%, 5/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4880 | &nbsp;&nbsp;$4935456 |
| &nbsp;&nbsp;&nbsp;7.50%, 9/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3290 | &nbsp;&nbsp;&nbsp;&nbsp; 3361893 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Steel (continued) | Steel (continued) | Steel (continued) |
| Cleveland-Cliffs, Inc.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.625%, 1/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2345 | &nbsp;&nbsp;$2370511 |
| Commercial Metals Co.: |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 11/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2185 | &nbsp;&nbsp;&nbsp;&nbsp; 2189899 |
| &nbsp;&nbsp;&nbsp;6.00%, 12/15/35<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2185 | &nbsp;&nbsp;&nbsp;&nbsp; 2183909 |
| TMS International Corp., 6.25%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4064 | &nbsp;&nbsp;&nbsp;&nbsp; 3987699 |
|  |  | &nbsp;&nbsp;**$19029367** |
| Super Retail — 5.1% | Super Retail — 5.1% | Super Retail — 5.1% |
| Asbury Automotive Group, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889 | &nbsp;&nbsp;$865667 |
| &nbsp;&nbsp;&nbsp;4.75%, 3/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788 | &nbsp;&nbsp;&nbsp;&nbsp; 767832 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3974 | &nbsp;&nbsp;&nbsp;&nbsp; 3812914 |
| Bath & Body Works, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 7/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;734 | &nbsp;&nbsp;&nbsp;&nbsp; 714581 |
| &nbsp;&nbsp;&nbsp;6.875%, 11/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2276 | &nbsp;&nbsp;&nbsp;&nbsp; 2247590 |
| Beach Acquisition Bidco LLC, 10.00%, (10.00% cash or 10.75% PIK), 7/15/33<sup>(1)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24321 | &nbsp;&nbsp;&nbsp;&nbsp; 26766579 |
| Champ Acquisition Corp., 8.375%, 12/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4036 | &nbsp;&nbsp;&nbsp;&nbsp; 4261931 |
| Cougar JV Subsidiary LLC, 8.00%, 5/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4700 | &nbsp;&nbsp;&nbsp;&nbsp; 4945161 |
| Gee Automotive Holdings LLC, 7.25%, 3/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8105 | &nbsp;&nbsp;&nbsp;&nbsp; 8247891 |
| Global Auto Holdings Ltd./AAG FH U.K. Ltd., 8.375%, 1/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453 | &nbsp;&nbsp;&nbsp;&nbsp; 432325 |
| Group 1 Automotive, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1587 | &nbsp;&nbsp;&nbsp;&nbsp; 1545921 |
| &nbsp;&nbsp;&nbsp;6.375%, 1/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1275 | &nbsp;&nbsp;&nbsp;&nbsp; 1296443 |
| Ken Garff Automotive LLC, 4.875%, 9/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2173 | &nbsp;&nbsp;&nbsp;&nbsp; 2149789 |
| LCM Investments Holdings II LLC: |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 5/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4015 | &nbsp;&nbsp;&nbsp;&nbsp; 3933271 |
| &nbsp;&nbsp;&nbsp;8.25%, 8/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559 | &nbsp;&nbsp;&nbsp;&nbsp; 585874 |
| Lithia Motors, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 6/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;&nbsp;&nbsp; 920545 |
| &nbsp;&nbsp;&nbsp;4.375%, 1/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3334 | &nbsp;&nbsp;&nbsp;&nbsp; 3168228 |
| Mavis Tire Express Services Topco Corp., 6.50%, 5/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10154 | &nbsp;&nbsp;&nbsp;&nbsp; 10129344 |
| Men's Wearhouse LLC, 9.00%, 2/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1755 | &nbsp;&nbsp;&nbsp;&nbsp; 1858338 |
| Michaels Cos., Inc., 8.50%, 3/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8525 | &nbsp;&nbsp;&nbsp;&nbsp; 8425470 |
| PetSmart LLC/PetSmart Finance Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 9/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6990 | &nbsp;&nbsp;&nbsp;&nbsp; 7083342 |
| &nbsp;&nbsp;&nbsp;10.00%, 9/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1620 | &nbsp;&nbsp;&nbsp;&nbsp; 1637433 |
| Sonic Automotive, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2081 | &nbsp;&nbsp;&nbsp;&nbsp; 2036886 |
| &nbsp;&nbsp;&nbsp;4.875%, 11/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2734 | &nbsp;&nbsp;&nbsp;&nbsp; 2630097 |
|  |  | &nbsp;&nbsp;**$100463452** |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Technology — 2.6% | Technology — 2.6% | Technology — 2.6% |
| Black Pearl Compute LLC, 6.125%, 2/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2900 | &nbsp;&nbsp;$2945929 |
| Ciena Corp., 4.00%, 1/31/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1416 | &nbsp;&nbsp;&nbsp;&nbsp; 1357473 |
| Cipher Compute LLC, 7.125%, 11/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2575 | &nbsp;&nbsp;&nbsp;&nbsp; 2672230 |
| Cloud Software Group, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 3/31/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5969 | &nbsp;&nbsp;&nbsp;&nbsp; 5816558 |
| &nbsp;&nbsp;&nbsp;9.00%, 9/30/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12786 | &nbsp;&nbsp;&nbsp;&nbsp; 12564996 |
| Core Scientific Finance I LLC, 7.75%, 5/15/31<sup>(1)(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4013 | &nbsp;&nbsp;&nbsp;&nbsp; 4005091 |
| Fair Isaac Corp., 4.00%, 6/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2362 | &nbsp;&nbsp;&nbsp;&nbsp; 2304368 |
| Insight Enterprises, Inc., 6.625%, 5/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4758 | &nbsp;&nbsp;&nbsp;&nbsp; 4721949 |
| ON Semiconductor Corp., 3.875%, 9/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3322 | &nbsp;&nbsp;&nbsp;&nbsp; 3240856 |
| Seagate Data Storage Technology Pte. Ltd., 9.625%, 12/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4172 | &nbsp;&nbsp;&nbsp;&nbsp; 4642546 |
| Sensata Technologies, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 2/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3414 | &nbsp;&nbsp;&nbsp;&nbsp; 3173373 |
| &nbsp;&nbsp;&nbsp;6.625%, 7/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1225 | &nbsp;&nbsp;&nbsp;&nbsp; 1264887 |
| WULF Compute LLC, 7.75%, 10/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1661 | &nbsp;&nbsp;&nbsp;&nbsp; 1746724 |
|  |  | &nbsp;&nbsp;**$50456980** |
| Telecommunications — 3.3% | Telecommunications — 3.3% | Telecommunications — 3.3% |
| Altice Financing SA: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2145 | &nbsp;&nbsp;$1599554 |
| &nbsp;&nbsp;&nbsp;5.75%, 8/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1253 | &nbsp;&nbsp;&nbsp;&nbsp; 923639 |
| APLD ComputeCo 2 LLC, 6.75%, 3/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4840 | &nbsp;&nbsp;&nbsp;&nbsp; 4794965 |
| APLD ComputeCo LLC, 9.25%, 12/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3005 | &nbsp;&nbsp;&nbsp;&nbsp; 3231607 |
| EchoStar Corp., 10.75%, 11/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5314 | &nbsp;&nbsp;&nbsp;&nbsp; 5773036 |
| Iliad Holding SAS: |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 4/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2795 | &nbsp;&nbsp;&nbsp;&nbsp; 2841129 |
| &nbsp;&nbsp;&nbsp;8.50%, 4/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2025 | &nbsp;&nbsp;&nbsp;&nbsp; 2149673 |
| Level 3 Financing, Inc., 7.00%, 3/31/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1487 | &nbsp;&nbsp;&nbsp;&nbsp; 1542970 |
| Sable International Finance Ltd., 7.125%, 10/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2181 | &nbsp;&nbsp;&nbsp;&nbsp; 2177581 |
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC: |  |  |
| &nbsp;&nbsp;&nbsp;8.625%, 6/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3515 | &nbsp;&nbsp;&nbsp;&nbsp; 3681451 |
| &nbsp;&nbsp;&nbsp;8.625%, 6/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2205 | &nbsp;&nbsp;&nbsp;&nbsp; 2309416 |
| Uniti Services LLC, 7.50%, 10/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8610 | &nbsp;&nbsp;&nbsp;&nbsp; 9070342 |
| Virgin Media Secured Finance PLC, 4.50%, 8/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8675 | &nbsp;&nbsp;&nbsp;&nbsp; 7684647 |
| Vmed O2 U.K. Financing I PLC: |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 7/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6072 | &nbsp;&nbsp;&nbsp;&nbsp; 5256937 |
| &nbsp;&nbsp;&nbsp;6.75%, 1/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764 | &nbsp;&nbsp;&nbsp;&nbsp; 699116 |
| &nbsp;&nbsp;&nbsp;7.75%, 4/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871 | &nbsp;&nbsp;&nbsp;&nbsp; 847844 |
| Windstream Services LLC/Windstream Escrow Finance Corp., 8.25%, 10/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668 | &nbsp;&nbsp;&nbsp;&nbsp; 706966 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Telecommunications (continued) | Telecommunications (continued) | Telecommunications (continued) |
| Zegona Finance PLC, 8.625%, 7/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5999 | &nbsp;&nbsp;$6293637 |
| Ziggo BV, 4.875%, 1/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2956 | &nbsp;&nbsp;&nbsp;&nbsp; 2782606 |
|  |  | &nbsp;&nbsp;**$64367116** |
| Transport Excluding Air & Rail — 0.8% | Transport Excluding Air & Rail — 0.8% | Transport Excluding Air & Rail — 0.8% |
| Carriage Purchaser, Inc., 7.875%, 10/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9450 | &nbsp;&nbsp;$9189187 |
| GB AIT Buyer, Inc., 8.75%, 4/30/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp; 2417203 |
| Seaspan Corp., 5.50%, 8/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4761 | &nbsp;&nbsp;&nbsp;&nbsp; 4554694 |
|  |  | &nbsp;&nbsp;**$16161084** |
| Utility — 4.6% | Utility — 4.6% | Utility — 4.6% |
| Alpha Generation LLC, 6.75%, 10/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9094 | &nbsp;&nbsp;$9319267 |
| Atlantica Sustainable Infrastructure Ltd., 4.125%, 6/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2661 | &nbsp;&nbsp;&nbsp;&nbsp; 2600750 |
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC, 6.375%, 2/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4860 | &nbsp;&nbsp;&nbsp;&nbsp; 4833079 |
| Constellation Energy Generation LLC: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 2/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2185 | &nbsp;&nbsp;&nbsp;&nbsp; 2171704 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp; 446260 |
| Ferrellgas LP/Ferrellgas Finance Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 4/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4184 | &nbsp;&nbsp;&nbsp;&nbsp; 4086521 |
| &nbsp;&nbsp;&nbsp;9.25%, 1/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1970 | &nbsp;&nbsp;&nbsp;&nbsp; 2068949 |
| Leeward Renewable Energy Operations LLC, 4.25%, 7/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp; 2297496 |
| NRG Energy, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 2/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3359 | &nbsp;&nbsp;&nbsp;&nbsp; 3109754 |
| &nbsp;&nbsp;&nbsp;5.75%, 1/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4851 | &nbsp;&nbsp;&nbsp;&nbsp; 4817977 |
| &nbsp;&nbsp;&nbsp;6.00%, 2/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3495 | &nbsp;&nbsp;&nbsp;&nbsp; 3523963 |
| &nbsp;&nbsp;&nbsp;6.00%, 1/15/36<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4120 | &nbsp;&nbsp;&nbsp;&nbsp; 4093824 |
| &nbsp;&nbsp;&nbsp;6.125%, 5/15/36<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5825 | &nbsp;&nbsp;&nbsp;&nbsp; 5805524 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2335 | &nbsp;&nbsp;&nbsp;&nbsp; 2363674 |
| &nbsp;&nbsp;&nbsp;10.25% to 3/15/28<sup>(1)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3771 | &nbsp;&nbsp;&nbsp;&nbsp; 4098291 |
| Suburban Propane Partners LP/Suburban Energy Finance Corp., 5.00%, 6/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3783 | &nbsp;&nbsp;&nbsp;&nbsp; 3634640 |
| TerraForm Power Operating LLC, 5.00%, 1/31/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3536 | &nbsp;&nbsp;&nbsp;&nbsp; 3503224 |
| TransAlta Corp., 5.875%, 2/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3720 | &nbsp;&nbsp;&nbsp;&nbsp; 3720329 |
| Vistra Operations Co. LLC: |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 5/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2224 | &nbsp;&nbsp;&nbsp;&nbsp; 2186208 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/31/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6128 | &nbsp;&nbsp;&nbsp;&nbsp; 6129201 |
| &nbsp;&nbsp;&nbsp;6.875%, 4/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3705 | &nbsp;&nbsp;&nbsp;&nbsp; 3869421 |
| XPLR Infrastructure Operating Partners LP: |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 9/15/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3251 | &nbsp;&nbsp;&nbsp;&nbsp; 3228772 |
| &nbsp;&nbsp;&nbsp;7.75%, 4/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3295 | &nbsp;&nbsp;&nbsp;&nbsp; 3455371 |
| &nbsp;&nbsp;&nbsp;8.375%, 1/15/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2315 | &nbsp;&nbsp;&nbsp;&nbsp; 2474795 |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Utility (continued) | Utility (continued) | Utility (continued) |
| XPLR Infrastructure Operating Partners LP: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;8.625%, 3/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2325 | &nbsp;&nbsp;$2492564 |
|  |  | &nbsp;&nbsp;**$90331558** |
| Total Corporate Bonds<br> (identified cost $1,574,681,372) |  | &nbsp;&nbsp;**$1581006594** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Exchange-Traded Funds — 1.4%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Fixed Income Funds — 1.4% | Fixed Income Funds — 1.4% | Fixed Income Funds — 1.4% |
| iShares Broad USD High Yield Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;722124 | &nbsp;&nbsp;$26884677 |
| Total Exchange-Traded Funds<br> (identified cost $27,143,914) |  | &nbsp;&nbsp;**$26884677** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Preferred Stocks — 0.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Insurance — 0.2% | Insurance — 0.2% | Insurance — 0.2% |
| AH Parent, Inc. (Alliant), Series A, 10.00% cash or 10.50% PIK<sup>(3)(5)(6)</sup> | $4286760 | &nbsp;&nbsp;$4210683 |
| Total Preferred Stocks<br> (identified cost $4,224,210) |  | &nbsp;&nbsp;**$4210683** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Senior Floating-Rate Loans — 7.8%<sup>(11)</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace — 0.1% | Aerospace — 0.1% | Aerospace — 0.1% | Aerospace — 0.1% |
| TransDigm, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/22/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662 | &nbsp;&nbsp;$1666429 |
|  |  |  | &nbsp;&nbsp;**$1666429** |
| Automotive & Auto Parts — 1.3% | Automotive & Auto Parts — 1.3% | Automotive & Auto Parts — 1.3% | Automotive & Auto Parts — 1.3% |
| ABC Technologies, Inc., Term Loan, 11.911% - 11.95%, (1 mo. USD Term SOFR + 8.25, 3 mo. USD Term SOFR + 8.25%), 8/22/31<sup>(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12678 | &nbsp;&nbsp;$11949628 |
| Clarios Global LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.01%, (1 mo. EURIBOR + 3.00%), 7/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7520 | &nbsp;&nbsp;&nbsp;&nbsp; 8896188 |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Automotive & Auto Parts (continued) | Automotive & Auto Parts (continued) | Automotive & Auto Parts (continued) |
| Clarios Global LP: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/6/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2680 | &nbsp;&nbsp;$2694866 |
| Crash Champions LLC, Term Loan, 8.423%, (3 mo. USD Term SOFR + 4.75%), 2/23/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1886 | &nbsp;&nbsp;&nbsp;&nbsp; 1804709 |
|  |  | &nbsp;&nbsp;**$25345391** |
| Building Materials — 0.6% | Building Materials — 0.6% | Building Materials — 0.6% |
| Associated Materials, Inc., Term Loan, 9.652%, (1 mo. USD Term SOFR + 6.00%), 3/8/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5137 | &nbsp;&nbsp;$3722756 |
| CP Atlas Buyer, Inc., Term Loan, 8.902%, (1 mo. USD Term SOFR + 5.25%), 7/8/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3736 | &nbsp;&nbsp;&nbsp;&nbsp; 3361444 |
| Park River Holdings, Inc., Term Loan, 8.192%, (3 mo. USD Term SOFR + 4.50%), 3/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3885 | &nbsp;&nbsp;&nbsp;&nbsp; 3886577 |
|  |  | &nbsp;&nbsp;**$10970777** |
| Cable & Satellite TV — 0.2% | Cable & Satellite TV — 0.2% | Cable & Satellite TV — 0.2% |
| E.W. Scripps Co.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.126%, (1 mo. USD Term SOFR + 3.35%), 11/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3944 | &nbsp;&nbsp;$3894291 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.526%, (1 mo. USD Term SOFR + 5.75%), 6/30/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1106 | &nbsp;&nbsp;&nbsp;&nbsp; 1115447 |
|  |  | &nbsp;&nbsp;**$5009738** |
| Capital Goods — 0.2% | Capital Goods — 0.2% | Capital Goods — 0.2% |
| EMRLD Borrower LP: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 5/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3266 | &nbsp;&nbsp;$3273757 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 8/4/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1478 | &nbsp;&nbsp;&nbsp;&nbsp; 1481316 |
|  |  | &nbsp;&nbsp;**$4755073** |
| Chemicals — 0.0%<sup>†</sup> | Chemicals — 0.0%<sup>†</sup> | Chemicals — 0.0%<sup>†</sup> |
| INEOS U.S. Finance LLC, Term Loan, 2/18/30<sup>(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;$747000 |
|  |  | &nbsp;&nbsp;**$747000** |
| Containers — 0.3% | Containers — 0.3% | Containers — 0.3% |
| Clydesdale Acquisition Holdings, Inc., Term Loan, 4/13/29<sup>(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2450 | &nbsp;&nbsp;$2344197 |
| Sword Purchaser LLC, Term Loan, 4/11/33<sup>(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2985 | &nbsp;&nbsp;&nbsp;&nbsp; 2902912 |
|  |  | &nbsp;&nbsp;**$5247109** |
| Energy — 0.5% | Energy — 0.5% | Energy — 0.5% |
| New Generation Gas Gathering LLC, Term Loan, 8.913%, (3 mo. USD Term SOFR + 5.25%), 9/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6092 | &nbsp;&nbsp;$5918054 |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Energy (continued) | Energy (continued) | Energy (continued) |
| Venture Global Calcasieu Pass LLC, Term Loan, 6.937%, (6 mo. USD Term SOFR + 3.25%), 4/11/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3056 | &nbsp;&nbsp;$3069484 |
|  |  | &nbsp;&nbsp;**$8987538** |
| Gaming — 0.9% | Gaming — 0.9% | Gaming — 0.9% |
| Ontario Gaming GTA LP, Term Loan, 8/1/30<sup>(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;$5707140 |
| Peninsula Pacific Entertainment LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.45%, (3 mo. USD Term SOFR + 4.75%), 10/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6624 | &nbsp;&nbsp;&nbsp;&nbsp; 6612938 |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.00%, 12/24/29<sup>(4)(13)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1425 | &nbsp;&nbsp;&nbsp;&nbsp; 1425033 |
| Spectacle Gary Holdings LLC, Term Loan, 8.10%, (3 mo. USD Term SOFR + 4.25%), 12/11/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3546 | &nbsp;&nbsp;&nbsp;&nbsp; 3452849 |
|  |  | &nbsp;&nbsp;**$17197960** |
| Healthcare — 1.1% | Healthcare — 1.1% | Healthcare — 1.1% |
| athenahealth Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 2/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1732 | &nbsp;&nbsp;$1728263 |
| Bausch Health Cos., Inc., Term Loan, 9.902%, (1 mo. USD Term SOFR + 6.25%), 10/8/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14079 | &nbsp;&nbsp;&nbsp;&nbsp; 13737328 |
| Endo Luxembourg Finance Co. I SARL, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 4/23/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3277 | &nbsp;&nbsp;&nbsp;&nbsp; 3247144 |
| LifePoint Health, Inc., Term Loan, 7.423%, (3 mo. USD Term SOFR + 3.75%), 5/19/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2479 | &nbsp;&nbsp;&nbsp;&nbsp; 2472204 |
|  |  | &nbsp;&nbsp;**$21184939** |
| Homebuilders & Real Estate — 0.1% | Homebuilders & Real Estate — 0.1% | Homebuilders & Real Estate — 0.1% |
| Signal Parent, Inc., Term Loan, 7.263%, (3 mo. USD Term SOFR + 3.50%), 4/3/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3934 | &nbsp;&nbsp;$2435760 |
|  |  | &nbsp;&nbsp;**$2435760** |
| Insurance — 0.1% | Insurance — 0.1% | Insurance — 0.1% |
| Truist Insurance Holdings LLC, Term Loan - Second Lien, 8.45%, (3 mo. USD Term SOFR + 4.75%), 5/6/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2824 | &nbsp;&nbsp;$2802507 |
|  |  | &nbsp;&nbsp;**$2802507** |
| Leisure — 0.3% | Leisure — 0.3% | Leisure — 0.3% |
| Peloton Interactive, Inc., Term Loan, 9.152%, (1 mo. USD Term SOFR + 5.50%), 5/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5408 | &nbsp;&nbsp;$5444885 |
|  |  | &nbsp;&nbsp;**$5444885** |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Restaurant — 0.4% | Restaurant — 0.4% | Restaurant — 0.4% |
| IRB Holding Corp., Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 12/16/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7724 | &nbsp;&nbsp;$7752821 |
|  |  | &nbsp;&nbsp;**$7752821** |
| Services — 0.4% | Services — 0.4% | Services — 0.4% |
| LBM Acquisition LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 6/6/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4017 | &nbsp;&nbsp;$3376664 |
| Specialty Building Products Holdings LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 10/16/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4283 | &nbsp;&nbsp;&nbsp;&nbsp; 3752732 |
| White Cap Buyer LLC, Term Loan, 6.918%, (1 mo. USD Term SOFR + 3.25%), 10/19/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1274 | &nbsp;&nbsp;&nbsp;&nbsp; 1269843 |
|  |  | &nbsp;&nbsp;**$8399239** |
| Super Retail — 0.8% | Super Retail — 0.8% | Super Retail — 0.8% |
| Evergreen Acqco 1 LP, Term Loan, 6.686%, (3 mo. USD Term SOFR + 3.00%), 9/17/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6284 | &nbsp;&nbsp;$6301894 |
| Mavis Tire Express Services Corp., Term Loan, 6.669%, (6 mo. USD Term SOFR + 3.00%), 5/4/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2312 | &nbsp;&nbsp;&nbsp;&nbsp; 2318482 |
| Men's Wearhouse, Inc., Term Loan, 9.421%, (3 mo. USD Term SOFR + 5.75%), 1/28/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4063 | &nbsp;&nbsp;&nbsp;&nbsp; 4104910 |
| PetSmart, Inc., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 8/18/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2281 | &nbsp;&nbsp;&nbsp;&nbsp; 2293131 |
|  |  | &nbsp;&nbsp;**$15018417** |
| Technology — 0.5% | Technology — 0.5% | Technology — 0.5% |
| Fortress Intermediate 3, Inc., Term Loan, 6.661%, (1 mo. USD Term SOFR + 3.00%), 6/27/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9393 | &nbsp;&nbsp;$9358216 |
|  |  | &nbsp;&nbsp;**$9358216** |
| Total Senior Floating-Rate Loans<br> (identified cost $155,249,686) |  | &nbsp;&nbsp;**$152323799** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Miscellaneous — 0.3%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount/<br> Shares** | &nbsp;&nbsp;**Value** |
| Diversified Financial Services — 0.0% | Diversified Financial Services — 0.0% | Diversified Financial Services — 0.0% |
| ACC Claims Holdings LLC<sup>(4)</sup> | 8415190 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Diversified Media — 0.0% | Diversified Media — 0.0% | Diversified Media — 0.0% |
| National CineMedia, Inc., Escrow Certificates<sup>(3)(4)</sup> | $1660000 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount/<br> Shares** | &nbsp;&nbsp;**Value** |
| Gaming — 0.3% | Gaming — 0.3% | Gaming — 0.3% |
| PGP Investors, LLC, Membership Interests<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19811 | &nbsp;&nbsp;$5921821 |
|  |  | &nbsp;&nbsp;**$5921821** |
| Paper — 0.0% | Paper — 0.0% | Paper — 0.0% |
| Enviva LLC, Escrow Certificates<sup>(3)(4)</sup> | $2404000 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Services — 0.0% | Services — 0.0% | Services — 0.0% |
| Hertz Corp., Escrow Certificates<sup>(3)(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;502000 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Total Miscellaneous<br> (identified cost $792,331) |  | &nbsp;&nbsp;**$5921821** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 3.8%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(14)</sup> | 74457830 | &nbsp;&nbsp;$74457830 |
| Total Short-Term Investments<br> (identified cost $74,457,830) |  | &nbsp;&nbsp;**$74457830** |
| Total Investments — 99.2%<br> (identified cost $1,931,217,552) |  | &nbsp;&nbsp;**$1943972068** |
| Other Assets, Less Liabilities — 0.8% |  | &nbsp;&nbsp;**$15572320** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$1959544388** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| \* | In U.S. dollars unless otherwise indicated. |
| <sup>(1)</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 April 30, 2026, the aggregate value of these securities is $1,521,471,016 or 77.6% of the Portfolio's net assets. |

---

<sup>(2)</sup> Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026.

<sup>(3)</sup> Non-income producing security.

<sup>(4)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(5)</sup> Restricted security (see Note 5).

<sup>(6)</sup> Represents a payment-in-kind security which may pay interest in additional principal at the issuer's discretion.

<sup>(7)</sup> Perpetual security with no stated maturity date but may be subject to calls by the issuer.

<sup>(8)</sup> Security converts to variable rate after the indicated fixed-rate coupon period.

<sup>(9)</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 April 30, 2026, the aggregate value of these securities is $10,823,275 or 0.6% of the Portfolio's net assets.

<sup>(10)</sup> When-issued security.

<sup>(11)</sup> Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

<sup>(12)</sup> This Senior Loan will settle after April 30, 2026, at which time the interest rate will be determined.

<sup>(13)</sup> Fixed-rate loan.

<sup>(14)</sup> May be deemed to be an affiliated investment company (see Note 8). The rate shown is the annualized seven-day yield as of April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp;27882862 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;24086223 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(441944) |
| USD | &nbsp;&nbsp; 4310573 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 3225000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (77507) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(519451)** |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| EURIBOR | – Euro Interbank Offered Rate |
| OTC | – Over-the-counter |
| PIK | – Payment In Kind |
| SOFR | – Secured Overnight Financing Rate |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| USD | – United States Dollar |

---

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $1,856,759,722) | &nbsp;&nbsp;$1869514238 |
| Affiliated investments, at value (identified cost $74,457,830) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74457830 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840209 |
| Deposits for derivatives collateral — forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420000 |
| Foreign currency, at value (identified cost $6,877,530) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7010969 |
| Interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27230914 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269024 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2980522 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222975 |
| **Total assets** | &nbsp;&nbsp;**$1982946681** |
| Liabilities |  |
| Payable for investments purchased | &nbsp;&nbsp;$17687685 |
| Payable for when-issued securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3995566 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519451 |
| 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;&nbsp;&nbsp;&nbsp;699878 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8496 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222975 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268242 |
| **Total liabilities** | &nbsp;&nbsp;**$23402293** |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$1959544388** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $1,135) | &nbsp;&nbsp;$942783 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1385047 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59040597 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109140 |
| **Total investment income** | &nbsp;&nbsp;**$61477567** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$4030057 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48300 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209943 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111886 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72495 |
| **Total expenses** | &nbsp;&nbsp;**$4472681** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$54105 |
| **Total expense reductions** | &nbsp;&nbsp;**$54105** |
| **Net expenses** | &nbsp;&nbsp;**$4418576** |
| **Net investment income** | &nbsp;&nbsp;**$57058991** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(85468) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(116537) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467661 |
| **Net realized gain** | &nbsp;&nbsp;**$265656** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$(18626390) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135626 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(701326) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(19192090)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(18926434)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$38132557** |

---

*26*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$57058991 | &nbsp;&nbsp;$104435871 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1996730 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19192090) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21667712 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$38132557** | &nbsp;&nbsp;**$128100313** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$322457470 | &nbsp;&nbsp;$369318643 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(107670819) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(282583939) |
| **Net increase in net assets from capital transactions** | &nbsp;&nbsp;**$214786651** | &nbsp;&nbsp;**$86734704** |
| **Net increase in net assets** | &nbsp;&nbsp;**$252919208** | &nbsp;&nbsp;**$214835017** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$1706625180 | &nbsp;&nbsp;$1491790163 |
| **At end of period** | &nbsp;&nbsp;**$1959544388** | &nbsp;&nbsp;**$1706625180** |

---

*27*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| <br>Ratios/Supplemental Data | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.52% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49%<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.50%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;0.49% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.37%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.37% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.36% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.78% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29% | &nbsp;&nbsp;&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;64% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.03%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.14%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.95%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.66%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8.20)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.11%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$1959544** | &nbsp;&nbsp;**$1706625** | &nbsp;&nbsp;**$1491790** | &nbsp;&nbsp;**$1090826** | &nbsp;&nbsp;**$1020273** | &nbsp;&nbsp;**$1000095** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, less than 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(4)</sup> Not annualized.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

High Income Opportunities Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified, open-end management investment company. The Portfolio's investment objective is to provide a high level of current income. The Portfolio also seeks growth of capital as a secondary investment objective. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance High Income Opportunities Fund, Eaton Vance Strategic Income Fund and Eaton Vance Floating-Rate & High Income Fund held an interest of 53.4%, 42.1% and 4.5%, respectively, in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.

**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.**

**Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Senior Loans, for which a valuation is not available or deemed unreliable, are fair valued by the investment adviser utilizing one or more of the valuation techniques described below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan. If the investment adviser believes that there is a reasonable likelihood of full repayment, the investment adviser will determine fair value using a matrix pricing approach that considers the yield on the Senior Loan relative to yields on other Senior Loans issued by companies of comparable credit quality. If the investment adviser believes there is not a reasonable likelihood of full repayment, the investment adviser will determine fair value using analyses that include, but are not limited to: (i) a comparison of the value of the borrower's outstanding equity and debt to that of comparable public companies; (ii) a discounted cash flow analysis; or (iii) when the investment adviser believes it is likely that a borrower will be liquidated or sold, an analysis of the terms of such liquidation or sale. In certain cases, the investment adviser will use a combination of analytical methods to determine fair value, such as when only a portion of a borrower's assets are likely to be sold. In conducting its assessment and analyses for purposes of determining fair value of a Senior Loan, the investment adviser will use its discretion and judgment in considering and appraising relevant factors. Junior Loans (i.e., subordinated loans and second lien loans) are valued in the same manner as Senior Loans.**

**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 or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

**Derivatives. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service.**

**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.**

**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. Exchange-traded funds are valued at the official closing price as reported by an independent pricing service on the primary market or exchange on which they are traded.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Portfolio'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 Portfolio 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,**

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[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Fees in connection with investments in senior floating-rate loans may include amendment fees, consent fees and prepayment fees, which are recorded to income as earned and included in Other income on the Statement of Operations. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. Withholding taxes on foreign dividends have been provided for in accordance with the Portfolio's understanding of the applicable countries' tax rules and rates. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

As of April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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.

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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

H Forward Foreign Currency Exchange Contracts—The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

I When-Issued Securities and Delayed Delivery Transactions—The Portfolio may purchase securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. The Portfolio maintains cash and/or security positions for these commitments such that sufficient liquid assets will be available to make payments upon settlement. Securities purchased on a delayed delivery or when-issued basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract.

J Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

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[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

K Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Portfolio. The investment adviser fee is based upon a percentage of total daily net assets plus a percentage of total daily gross income as follows and is payable monthly:

---

| | | |
|:---|:---|:---|
| **Total Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Asset<br> Rate** | &nbsp;&nbsp;&nbsp;&nbsp;**Daily Income<br> Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.300% | &nbsp;&nbsp;&nbsp;&nbsp;3.000% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.275% | &nbsp;&nbsp;&nbsp;&nbsp;2.750% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.250% | &nbsp;&nbsp;&nbsp;&nbsp;2.500% |
| $1.5 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.225% | &nbsp;&nbsp;&nbsp;&nbsp;2.250% |
| $2 billion but less than $3 billion | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.200% | &nbsp;&nbsp;&nbsp;&nbsp;2.000% |
| $3 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.175% | &nbsp;&nbsp;&nbsp;&nbsp;1.750% |

---

For the six months ended April 30, 2026, the Portfolio's investment adviser fee amounted to $4,030,057 or 0.45% (annualized) of the Portfolio's average daily net assets. Pursuant to an investment sub-advisory agreement, BMR has delegated a portion of the investment management of the Portfolio to Eaton Vance Advisers International Ltd. (EVAIL), an affiliate of BMR. BMR pays EVAIL a portion of its investment adviser fee for sub-advisory services provided to the Portfolio. The Portfolio 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 fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $54,105 relating to the Portfolio's investment in the Liquidity Fund.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities and principal repayments on Senior Loans, aggregated $499,126,599 and $245,566,929, respectively, for the six months ended April 30, 2026.

4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Portfolio at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$1941509648** |
| Gross unrealized appreciation | &nbsp;&nbsp;$35540629 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33597660) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$1942969** |

---

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[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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5 Restricted Securities

At April 30, 2026, the Portfolio owned the following securities (representing 1.1% of net assets) which were restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Portfolio has various registration rights (exercisable under a variety of circumstances) with respect to these securities. The value of these securities is determined based on valuations provided by brokers when available, or if not available, they are valued at fair value using methods determined in good faith by or at the direction of the Trustees' valuation designee.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Date(s) of<br> Acquisition** | &nbsp;&nbsp;&nbsp;&nbsp;**Principal Amount/<br> Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Cost** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| **Common Stocks** |  |  |  |  |
| Ascent CNR Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;4/25/16, 11/16/16 | &nbsp;&nbsp;&nbsp;&nbsp;62734 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$2111626 |
| Enviva LLC | &nbsp;&nbsp;&nbsp;&nbsp;12/6/24 | &nbsp;&nbsp;&nbsp;&nbsp;57147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 378458 | &nbsp;&nbsp;&nbsp;&nbsp; 1157227 |
| iFIT Health and Fitness, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10/6/22 | &nbsp;&nbsp;&nbsp;&nbsp;514080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1799280 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| **Total Common Stocks** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$2177738** | &nbsp;&nbsp;&nbsp;&nbsp;**$3268853** |
| **Convertible Preferred Stocks** |  |  |  |  |
| QXO, Inc., 4.75% | &nbsp;&nbsp;&nbsp;&nbsp;3/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;847 | &nbsp;&nbsp;&nbsp;&nbsp;$8470000 | &nbsp;&nbsp;&nbsp;&nbsp;$8132072 |
| **Total Convertible Preferred Stocks** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$8470000** | &nbsp;&nbsp;&nbsp;&nbsp;**$8132072** |
| **Preferred Stocks** |  |  |  |  |
| AH Parent, Inc. (Alliant), Series A | &nbsp;&nbsp;&nbsp;&nbsp;9/25/24 | &nbsp;&nbsp;&nbsp;&nbsp;$4286760 | &nbsp;&nbsp;&nbsp;&nbsp;$4224210 | &nbsp;&nbsp;&nbsp;&nbsp;$4210683 |
| **Total Preferred Stocks** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$4224210** | &nbsp;&nbsp;&nbsp;&nbsp;**$4210683** |
| **Miscellaneous** |  |  |  |  |
| PGP Investors, LLC, Membership Interests | &nbsp;&nbsp;&nbsp;&nbsp;2/18/15, 4/23/18,12/17/21, 7/21/25, 9/5/25 | &nbsp;&nbsp;&nbsp;&nbsp;19811 | &nbsp;&nbsp;&nbsp;&nbsp;$792331 | &nbsp;&nbsp;&nbsp;&nbsp;$5921821 |
| **Total Miscellaneous** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$792331** | &nbsp;&nbsp;&nbsp;&nbsp;**$5921821** |
| **Total Restricted Securities** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$15664279** | &nbsp;&nbsp;&nbsp;&nbsp;**$21533429** |

---

6 Financial Instruments

The Portfolio may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities. These financial instruments may include forward foreign currency exchange contracts 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 Portfolio 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

The Portfolio is subject to foreign exchange risk in the normal course of pursuing its investment objectives. Because the Portfolio holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Portfolio enters into forward foreign currency exchange contracts.

The Portfolio enters into forward foreign currency exchange contracts that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio's net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $519,451. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $420,000 at April 30, 2026.

The over-the-counter (OTC) derivatives in which the Portfolio invests are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in

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[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio's net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio and/or counterparty is held in segregated accounts by the Portfolio's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Portfolio of Investments.

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) and whose primary underlying risk exposure is foreign exchange risk at April 30, 2026 was as follows:

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| | | |
|:---|:---|:---|
|  | &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>** |
| Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(519451) |
| **Total Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(519451)** |

---

<sup>(1)</sup> Statement of Assets and Liabilities location: Payable for open forward foreign currency exchange contracts.

The Portfolio's derivative liabilities at fair value by type, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following table presents the Portfolio's derivative liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral pledged by the Portfolio for such liabilities as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(b)</sup>** |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;$(77507) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$(77507) |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;(441944) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;(21944) |
|  | &nbsp;&nbsp;&nbsp;**$(519451)** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$420000** | &nbsp;&nbsp;&nbsp;**$(99451)** |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 foreign exchange risk for the six months ended April 30, 2026 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>** |
| Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;$467661 | &nbsp;&nbsp;&nbsp;&nbsp;$(701326) |

---

<sup>(1)</sup> Statement of Operations location: Net realized gain (loss): Forward foreign currency exchange contracts. <br> <sup>(2)</sup> Statement of Operations location: Change in unrealized appreciation (depreciation): Forward foreign currency exchange contracts.

The average notional amount of forward foreign currency exchange contracts (based on the absolute value of notional amounts of currency purchased and currency sold) outstanding during the six months ended April 30, 2026, which is indicative of the volume of this derivative type, was approximately $34,499,000.

7 Line of Credit

The Portfolio participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Portfolio solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Portfolio based on its borrowings generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Portfolio, it may be unable to borrow some or all of its requested amounts at any particular time. The Portfolio did not have any significant borrowings or allocated fees during the six months ended April 30, 2026.

8 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $74,457,830, which represents 3.8% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $67422607 | $271871965 | $(264836742) | $— | $— | $74457830 | $1385047 | 74457830 |

---

9 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.

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

High Income Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

At April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Asset-Backed Securities | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$39342929 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$39342929 |
| Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 35935820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1159243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2111626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39206689 |
| Convertible Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12484974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12484974 |
| Convertible Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8132072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8132072 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1581006594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1581006594 |
| Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp; 26884677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26884677 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4210683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4210683 |
| Senior Floating-Rate Loans | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138949138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13374661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152323799 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5921821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5921821 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 74457830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74457830 |
| **Total Investments** | &nbsp;&nbsp;**$137278327** | &nbsp;&nbsp;&nbsp;&nbsp;**$1777153561** | &nbsp;&nbsp;&nbsp;&nbsp;**$29540180** | &nbsp;&nbsp;&nbsp;&nbsp;**$1943972068** |
| **Liability Description** |  |  |  |  |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(519451) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(519451) |
| **Total** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(519451)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(519451)** |

---

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

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 six months ended April 30, 2026 is not presented.

10 Risks and Uncertainties

#### Credit Risk
The Portfolio primarily invests in lower rated and comparable quality unrated high yield securities. These investments have different risks than investments in debt securities rated investment grade. Risk of loss upon default by the borrower is significantly greater with respect to such debt than with other debt securities because these securities are generally unsecured and are more sensitive to adverse economic conditions, such as recession or increasing interest rates, than are investment grade issuers.

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

This Page Intentionally Left Blank

------

[**Table of Contents**](#JOB_EV_AR_e096fac3-7c72-4301-ab7b-6eae9c567b52_TOC)

ETHIX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Diversified Currency Income Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804imgddd86e731.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Diversified Currency Income Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_175c5978-ec66-4853-8bd1-46c31ad3d5b9_1)** |  |
| [Item 7 of Form N-CSR:](#xx_867938bd-33c1-467a-8ff1-905fd6608579_1) | [Item 7 of Form N-CSR:](#xx_867938bd-33c1-467a-8ff1-905fd6608579_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_867938bd-33c1-467a-8ff1-905fd6608579_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_867938bd-33c1-467a-8ff1-905fd6608579_2) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_867938bd-33c1-467a-8ff1-905fd6608579_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_dd3389f8-f980-413a-a514-b5786db875c0_1) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_1e992dc6-7c5b-4a07-9fe9-b0b4bfdd022d_1) | 7 |
| [International Income Portfolio](#xx_e8ce3041-f9a5-4b20-a175-c2bd6f25f7dd_1) | [International Income Portfolio](#xx_e8ce3041-f9a5-4b20-a175-c2bd6f25f7dd_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_e8ce3041-f9a5-4b20-a175-c2bd6f25f7dd_1) | [Items 6 and 7 of Form N-CSR:](#xx_e8ce3041-f9a5-4b20-a175-c2bd6f25f7dd_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_e8ce3041-f9a5-4b20-a175-c2bd6f25f7dd_1) | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_9626ef3a-fd74-4dee-be9a-27cfb8976e41_1) | 24 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

Eaton Vance

Diversified Currency Income Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in International Income Portfolio, at value (identified cost $57,207,727) | &nbsp;&nbsp;$58495747 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189001 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88312 |
| Prepaid expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2880 |
| **Total assets** | &nbsp;&nbsp;**$58775940** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$3316 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2254 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1423 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43 |
| Payable for custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7554 |
| Payable for transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10544 |
| Payable for legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16903 |
| Payable for printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3344 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4844 |
| **Total liabilities** | &nbsp;&nbsp;**$50225** |
| **Net Assets** | &nbsp;&nbsp;**$58725715** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$93973704 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;(35247989) |
| **Net Assets** | &nbsp;&nbsp;**$58725715** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$8584516 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1248000 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$6.88 |
| **Maximum Offering Price Per Share<br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$7.11 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$604526 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87860 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$6.88 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$49536673 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7230012 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$6.85 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

Eaton Vance

Diversified Currency Income Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio | &nbsp;&nbsp;$101875 |
| Interest income allocated from Portfolio (net of foreign taxes withheld of $22,287) | &nbsp;&nbsp;&nbsp;&nbsp;1551330 |
| Expenses, excluding interest expense, allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(202867) |
| Interest expense allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2243) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41112 |
| **Total investment income from Portfolio** | &nbsp;&nbsp;**$1489207** |
| Expenses |  |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$11138 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3057 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11403 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34829 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70320 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8978 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31589 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8205 |
| **Total expenses** | &nbsp;&nbsp;**$179769** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$165381 |
| **Total expense reductions** | &nbsp;&nbsp;**$165381** |
| **Net expenses** | &nbsp;&nbsp;**$14388** |
| **Net investment income** | &nbsp;&nbsp;**$1474819** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(98956) |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3297 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15950) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56033) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519661 |
| **Net realized gain** | &nbsp;&nbsp;**$352132** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$348798 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14598 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1686 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22153 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609757 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$997752** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$1349884** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$2824703** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

Eaton Vance

Diversified Currency Income Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$1474819 | &nbsp;&nbsp;$2194715 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439955 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757285 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$2824703** | &nbsp;&nbsp;**$3391955** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(513890) | &nbsp;&nbsp;$(480986) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(32598) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22512) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2087399) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1359935) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(2633887)** | &nbsp;&nbsp;**$(1863433)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(747911) | &nbsp;&nbsp;$(420500) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21799) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44706 |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;19481030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7456106 |
| **Net increase in net assets from Fund share transactions** | &nbsp;&nbsp;**$18711320** | &nbsp;&nbsp;**$7080312** |
| **Net increase in net assets** | &nbsp;&nbsp;**$18902136** | &nbsp;&nbsp;**$8608834** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$39823579 | &nbsp;&nbsp;$31214745 |
| **At end of period** | &nbsp;&nbsp;**$58725715** | &nbsp;&nbsp;**$39823579** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

Eaton Vance

Diversified Currency Income Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$6.87 | &nbsp;&nbsp;$6.55 | &nbsp;&nbsp;$6.29 | &nbsp;&nbsp;$6.19 | &nbsp;&nbsp;$7.96 | &nbsp;&nbsp;$8.44 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.21 | &nbsp;&nbsp;$0.42 | &nbsp;&nbsp;$0.36 | &nbsp;&nbsp;$0.29 | &nbsp;&nbsp;$0.21 | &nbsp;&nbsp;$0.13 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.68) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.40** | &nbsp;&nbsp;**$0.67** | &nbsp;&nbsp;**$0.57** | &nbsp;&nbsp;**$0.41** | &nbsp;&nbsp;**$(1.47)** | &nbsp;&nbsp;**$(0.02)** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.39) | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.31) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.15) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.31) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.30) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.31) |
| **Total distributions** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$(0.30)** | &nbsp;&nbsp;**$(0.46)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$6.88** | &nbsp;&nbsp;**$6.87** | &nbsp;&nbsp;**$6.55** | &nbsp;&nbsp;**$6.29** | &nbsp;&nbsp;**$6.19** | &nbsp;&nbsp;**$7.96** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.02%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**10.52%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.05%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.55%** | &nbsp;&nbsp;&nbsp;&nbsp;**(18.94)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.38)%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$8585 | &nbsp;&nbsp;$9318 | &nbsp;&nbsp;$9307 | &nbsp;&nbsp;$10889 | &nbsp;&nbsp;$11466 | &nbsp;&nbsp;$20539 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.81%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.72%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.57%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.03%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50%<sup>(8)</sup> |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%<sup>(7)(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01%<sup>(8)</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.10%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.37% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.37% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.57% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102%<sup>(10)</sup> |

---

<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 sales of Fund shares 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> Not annualized.

<sup>(5)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(6)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes interest expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.01%, 0.15%, 0.31%, 0.03%, 0.02% and 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(9)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(10)</sup> Includes the effect of To Be Announced (TBA) transactions.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

Eaton Vance

Diversified Currency Income Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$6.87 | &nbsp;&nbsp;$6.55 | &nbsp;&nbsp;$6.29 | &nbsp;&nbsp;$6.19 | &nbsp;&nbsp;$7.96 | &nbsp;&nbsp;$8.44 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.18 | &nbsp;&nbsp;$0.38 | &nbsp;&nbsp;$0.31 | &nbsp;&nbsp;$0.24 | &nbsp;&nbsp;$0.16 | &nbsp;&nbsp;$0.07 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.68) | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.38** | &nbsp;&nbsp;**$0.62** | &nbsp;&nbsp;**$0.52** | &nbsp;&nbsp;**$0.36** | &nbsp;&nbsp;**$(1.52)** | &nbsp;&nbsp;**$(0.08)** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.30) | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.13) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(0.26) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;(0.27) |
| **Total distributions** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$(0.30)** | &nbsp;&nbsp;**$(0.26)** | &nbsp;&nbsp;**$(0.26)** | &nbsp;&nbsp;**$(0.25)** | &nbsp;&nbsp;**$(0.40)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$6.88** | &nbsp;&nbsp;**$6.87** | &nbsp;&nbsp;**$6.55** | &nbsp;&nbsp;**$6.29** | &nbsp;&nbsp;**$6.19** | &nbsp;&nbsp;**$7.96** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.61%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.69%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.24%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.79%** | &nbsp;&nbsp;&nbsp;&nbsp;**(19.50)%** | &nbsp;&nbsp;&nbsp;&nbsp;**(1.09)%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$605 | &nbsp;&nbsp;$625 | &nbsp;&nbsp;$560 | &nbsp;&nbsp;$970 | &nbsp;&nbsp;$1238 | &nbsp;&nbsp;$2115 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.47%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.32%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.75%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.58%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20%<sup>(8)</sup> |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%<sup>(7)(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.72%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.72%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71%<sup>(8)</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.36%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.62% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.61% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102%<sup>(10)</sup> |

---

<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 sales of Fund shares 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> Not annualized.

<sup>(5)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(6)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes interest expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.01%, 0.15%, 0.31%, 0.03%, 0.02% and 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(9)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(10)</sup> Includes the effect of To Be Announced (TBA) transactions.

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

Eaton Vance

Diversified Currency Income Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$6.84 | &nbsp;&nbsp;$6.53 | &nbsp;&nbsp;$6.27 | &nbsp;&nbsp;$6.16 | &nbsp;&nbsp;$7.93 | &nbsp;&nbsp;$8.41 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.21 | &nbsp;&nbsp;$0.44 | &nbsp;&nbsp;$0.37 | &nbsp;&nbsp;$0.31 | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$0.16 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.67) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.41** | &nbsp;&nbsp;**$0.68** | &nbsp;&nbsp;**$0.58** | &nbsp;&nbsp;**$0.43** | &nbsp;&nbsp;**$(1.45)** | &nbsp;&nbsp;**$0.01** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.40) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.32) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.15) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.32) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.34) |
| **Total distributions** | &nbsp;&nbsp;**$(0.40)** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$(0.32)** | &nbsp;&nbsp;**$(0.32)** | &nbsp;&nbsp;**$(0.32)** | &nbsp;&nbsp;**$(0.49)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$6.85** | &nbsp;&nbsp;**$6.84** | &nbsp;&nbsp;**$6.53** | &nbsp;&nbsp;**$6.27** | &nbsp;&nbsp;**$6.16** | &nbsp;&nbsp;**$7.93** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.02%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.82%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.34%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.86%** | &nbsp;&nbsp;&nbsp;&nbsp;**(18.65)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.11)%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$49537 | &nbsp;&nbsp;$29880 | &nbsp;&nbsp;$21348 | &nbsp;&nbsp;$24167 | &nbsp;&nbsp;$15706 | &nbsp;&nbsp;$35316 |
| Ratios (as a percentage of average daily net assets):<sup>(5)(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.47%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.32%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.58%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%<sup>(8)</sup> |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%<sup>(7)(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%<sup>(8)</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.28%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.63% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.11% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159%<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102%<sup>(10)</sup> |

---

<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 sales of Fund shares 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> Not annualized.

<sup>(5)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(6)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes interest expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.01%, 0.15%, 0.31%, 0.03%, 0.02% and 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(9)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(10)</sup> Includes the effect of To Be Announced (TBA) transactions.

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

Eaton Vance

Diversified Currency Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Diversified Currency Income 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 offers three classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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 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. Each class of shares differs in its distribution plan and certain other class-specific expenses. The Fund invests its assets in interests in International Income Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objective and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (approximately 24.0% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The financial statements of the Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

Eaton Vance

Diversified Currency Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

2 Distributions to Shareholders and Income Tax Information

The Fund expects to pay any required income distributions monthly and intends to distribute annually all or substantially all of its net realized capital gains. The Fund may include in its distributions amounts attributable to the imputed interest on foreign currency exposures and certain other derivative positions which, in certain circumstances, may result in a return of capital for federal income tax purposes. 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $34,998,437 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, can be carried forward for an unlimited period, and retain the same short-term or long-term character as when originally deferred. Of the deferred capital losses at October 31, 2025, $7,578,353 are short-term and $27,420,084 are long-term.

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 investment adviser fee is computed at an annual rate as a percentage of the Fund's average daily net assets that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser and receive an advisory fee 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;0.500% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.475% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.455% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.440% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. Pursuant to an investment sub-advisory agreement effective December 31, 2024, EVM has delegated a portion of the investment management of the Fund to Morgan Stanley Investment Management Limited (MSIM Ltd.), a wholly-owned subsidiary of Morgan Stanley. EVM pays MSIM Ltd. a portion of its investment adviser fee for sub-advisory services provided to the Fund. To the extent the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR), a subsidiary of EVM, to render investment advisory services. See Note 2 of the Portfolio's Notes to Financial Statements which are included elsewhere in this report. EVM also serves as the administrator of the Fund, but receives no compensation.

EVM has agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding such expenses as brokerage commissions, acquired fund fees and expenses of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 0.95%, 1.70% and 0.70% of the Fund's average daily net assets for Class A, Class C and Class I, respectively. This agreement may be changed or terminated after March 1, 2027. Pursuant to this agreement, EVM waived and/or reimbursed $165,381 of the Fund's operating expenses for the six months ended April 30, 2026.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $2,263 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 six months ended April 30, 2026. EVD also received distribution and service fees from Class A and Class C shares (see Note 4).

Trustees and officers of the Fund who are members of EVM's or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

Eaton Vance

Diversified Currency Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 six months ended April 30, 2026 amounted to $11,138 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $2,293 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 six months ended April 30, 2026 amounted to $764 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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received no CDSCs paid by Class A and Class C shareholders.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $18,478,194 and $2,649,787, respectively.

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, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 110460 | &nbsp;&nbsp;&nbsp;&nbsp;$759590 | &nbsp;&nbsp;&nbsp;&nbsp; 98918 | &nbsp;&nbsp;&nbsp;&nbsp;$671933 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 71745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 488640 | &nbsp;&nbsp;&nbsp;&nbsp; 67647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 453768 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp; (290412) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1996141) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (230693) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1546201) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp; **(108207)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(747911)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(64128)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(420500)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 651 | &nbsp;&nbsp;&nbsp;&nbsp;$4500 | &nbsp;&nbsp;&nbsp;&nbsp; 41038 | &nbsp;&nbsp;&nbsp;&nbsp;$281338 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 4787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32598 | &nbsp;&nbsp;&nbsp;&nbsp; 3352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22512 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp; (8583) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (58897) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (38896) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (259144) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **(3145)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(21799)** | &nbsp;&nbsp;&nbsp;&nbsp; **5494** | &nbsp;&nbsp;&nbsp;&nbsp;**$44706** |

---

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

Eaton Vance

Diversified Currency Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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;3114825 | &nbsp;&nbsp;&nbsp;&nbsp;$21208237 | &nbsp;&nbsp;&nbsp;&nbsp;2603953 | &nbsp;&nbsp;&nbsp;&nbsp;$17532589 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 306831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2082476 | &nbsp;&nbsp;&nbsp;&nbsp; 202291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1354891 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp; (557394) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3809683) | &nbsp;&nbsp;&nbsp;&nbsp;(1710758) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11431374) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**2864262** | &nbsp;&nbsp;&nbsp;&nbsp;**$19481030** | &nbsp;&nbsp;&nbsp;&nbsp;**1095486** | &nbsp;&nbsp;&nbsp;&nbsp;**$7456106** |

---

8 Line of Credit

The Fund participates with other portfolios and funds managed by EVM and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. 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 generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $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 six months ended April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited)

------

Foreign Corporate Bonds — 0.6%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Uzbekistan — 0.6% | Uzbekistan — 0.6% | Uzbekistan — 0.6% | Uzbekistan — 0.6% |
| Heritage Lending Group BV, 19.50%, 5/5/29 | UZS | 14450000 | &nbsp;&nbsp;$1210461 |
| JSCB Agrobank, 20.75%, 9/15/28 | UZS | 2500000 | &nbsp;&nbsp;&nbsp;&nbsp; 219225 |
| Total Foreign Corporate Bonds<br> (identified cost $1,258,477) |  |  | &nbsp;&nbsp;**$1429686** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Government Bonds — 29.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Brazil — 2.6% | Brazil — 2.6% | Brazil — 2.6% | Brazil — 2.6% |
| Brazil Letras do Tesouro Nacional, 0.00%, 7/1/26 | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32577 | &nbsp;&nbsp;$6436926 |
|  |  |  | &nbsp;&nbsp;**$6436926** |
| Chile — 0.8% | Chile — 0.8% | Chile — 0.8% | Chile — 0.8% |
| Bonos de la Tesoreria de la Republica en pesos, 4.90%, 11/1/27 | CLP | 1780000 | &nbsp;&nbsp;$2036058 |
|  |  |  | &nbsp;&nbsp;**$2036058** |
| Czech Republic — 1.2% | Czech Republic — 1.2% | Czech Republic — 1.2% | Czech Republic — 1.2% |
| Czech Republic Government Bonds, 1.00%, 6/26/26<sup>(1)</sup> | CZK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61800 | &nbsp;&nbsp;$2966058 |
|  |  |  | &nbsp;&nbsp;**$2966058** |
| Dominican Republic — 1.8% | Dominican Republic — 1.8% | Dominican Republic — 1.8% | Dominican Republic — 1.8% |
| Dominican Republic Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 1/15/27<sup>(1)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3970 | &nbsp;&nbsp;$66461 |
| &nbsp;&nbsp;&nbsp;8.00%, 2/12/27<sup>(1)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11950 | &nbsp;&nbsp;&nbsp;&nbsp; 199848 |
| &nbsp;&nbsp;&nbsp;10.75%, 6/1/36<sup>(2)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11850 | &nbsp;&nbsp;&nbsp;&nbsp; 212078 |
| &nbsp;&nbsp;&nbsp;10.75%, 6/1/36<sup>(1)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 1789691 |
| &nbsp;&nbsp;&nbsp;13.00%, 6/10/34<sup>(1)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25400 | &nbsp;&nbsp;&nbsp;&nbsp; 508932 |
| Dominican Republic Central Bank Notes: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 3/12/27<sup>(1)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp; 14997 |
| &nbsp;&nbsp;&nbsp;9.50%, 11/30/29<sup>(1)</sup> | DOP | &nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 1685008 |
|  |  |  | &nbsp;&nbsp;**$4477015** |
| Egypt — 0.2% | Egypt — 0.2% | Egypt — 0.2% | Egypt — 0.2% |
| Egypt Government Bonds, 24.458%, 10/1/27 | EGP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19379 | &nbsp;&nbsp;$358972 |
|  |  |  | &nbsp;&nbsp;**$358972** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Georgia — 1.0% | Georgia — 1.0% | Georgia — 1.0% | Georgia — 1.0% |
| Georgia Treasury Bonds, 9.75%, 1/27/27 | GEL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;$2464002 |
|  |  |  | &nbsp;&nbsp;**$2464002** |
| Hungary — 1.7% | Hungary — 1.7% | Hungary — 1.7% | Hungary — 1.7% |
| Hungary Government Bonds, 1.50%, 8/26/26 | HUF | 1311500 | &nbsp;&nbsp;$4173889 |
|  |  |  | &nbsp;&nbsp;**$4173889** |
| Iceland — 2.8% | Iceland — 2.8% | Iceland — 2.8% | Iceland — 2.8% |
| Republic of Iceland, 6.75%, 10/15/26 | ISK | &nbsp;&nbsp;&nbsp;&nbsp;841500 | &nbsp;&nbsp;$6824848 |
|  |  |  | &nbsp;&nbsp;**$6824848** |
| Malaysia — 0.9% | Malaysia — 0.9% | Malaysia — 0.9% | Malaysia — 0.9% |
| Malaysia Government Bonds, 3.502%, 5/31/27 | MYR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8800 | &nbsp;&nbsp;$2227124 |
|  |  |  | &nbsp;&nbsp;**$2227124** |
| Nigeria — 0.1% | Nigeria — 0.1% | Nigeria — 0.1% | Nigeria — 0.1% |
| Nigeria Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;17.95%, 6/25/32 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;103447 | &nbsp;&nbsp;$79245 |
| &nbsp;&nbsp;&nbsp;19.00%, 2/21/34 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95333 | &nbsp;&nbsp;&nbsp;&nbsp; 78761 |
|  |  |  | &nbsp;&nbsp;**$158006** |
| Paraguay — 1.1% | Paraguay — 1.1% | Paraguay — 1.1% | Paraguay — 1.1% |
| Paraguay Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.90%, 2/9/31<sup>(2)</sup> | PYG | 3553000 | &nbsp;&nbsp;$581926 |
| &nbsp;&nbsp;&nbsp;7.90%, 2/9/31<sup>(1)</sup> | PYG | 1613000 | &nbsp;&nbsp;&nbsp;&nbsp; 264185 |
| &nbsp;&nbsp;&nbsp;8.50%, 3/4/35<sup>(2)</sup> | PYG | 1592000 | &nbsp;&nbsp;&nbsp;&nbsp; 263522 |
| &nbsp;&nbsp;&nbsp;8.50%, 3/4/35<sup>(1)</sup> | PYG | 9840000 | &nbsp;&nbsp;&nbsp;&nbsp; 1628806 |
|  |  |  | &nbsp;&nbsp;**$2738439** |
| Peru — 1.5% | Peru — 1.5% | Peru — 1.5% | Peru — 1.5% |
| Peru Government Bonds, 6.35%, 8/12/28 | PEN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12100 | &nbsp;&nbsp;$3590291 |
|  |  |  | &nbsp;&nbsp;**$3590291** |
| Poland — 1.1% | Poland — 1.1% | Poland — 1.1% | Poland — 1.1% |
| Republic of Poland Government Bonds, 0.00%, 1/25/27 | PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10051 | &nbsp;&nbsp;$2702828 |
|  |  |  | &nbsp;&nbsp;**$2702828** |
| Romania — 2.0% | Romania — 2.0% | Romania — 2.0% | Romania — 2.0% |
| Romania Government Bonds, 7.20%, 7/27/26 | RON | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22000 | &nbsp;&nbsp;$4979269 |
|  |  |  | &nbsp;&nbsp;**$4979269** |

---

*See Notes to Financial Statements.*

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[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Serbia — 1.3% | Serbia — 1.3% | Serbia — 1.3% | Serbia — 1.3% |
| Serbia Treasury Bonds, 7.00%, 10/26/31 | RSD | &nbsp;&nbsp;&nbsp;&nbsp;299670 | &nbsp;&nbsp;$3268724 |
|  |  |  | &nbsp;&nbsp;**$3268724** |
| South Africa — 0.7% | South Africa — 0.7% | South Africa — 0.7% | South Africa — 0.7% |
| Republic of South Africa Government Bonds, 10.50%, 12/21/27 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26000 | &nbsp;&nbsp;$1625927 |
|  |  |  | &nbsp;&nbsp;**$1625927** |
| Sri Lanka — 1.5% | Sri Lanka — 1.5% | Sri Lanka — 1.5% | Sri Lanka — 1.5% |
| Sri Lanka Government Bonds, 11.00%, 10/15/28 | LKR | 1142000 | &nbsp;&nbsp;$3680818 |
|  |  |  | &nbsp;&nbsp;**$3680818** |
| Sweden — 2.6% | Sweden — 2.6% | Sweden — 2.6% | Sweden — 2.6% |
| Sweden Government Bonds, 1.00%, 11/12/26<sup>(1)</sup> | SEK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58225 | &nbsp;&nbsp;$6270412 |
|  |  |  | &nbsp;&nbsp;**$6270412** |
| Turkey — 1.6% | Turkey — 1.6% | Turkey — 1.6% | Turkey — 1.6% |
| Turkiye Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;40.859%, 6/16/27<sup>(3)</sup> | TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12498 | &nbsp;&nbsp;$282673 |
| &nbsp;&nbsp;&nbsp;40.884%, (1 day TRY TLREF + 0.00%), 8/19/26<sup>(3)</sup> | TRY | &nbsp;&nbsp;&nbsp;&nbsp;152123 | &nbsp;&nbsp;&nbsp;&nbsp; 3390256 |
| &nbsp;&nbsp;&nbsp;40.918%, 7/4/29<sup>(3)</sup> | TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6248 | &nbsp;&nbsp;&nbsp;&nbsp; 138553 |
|  |  |  | &nbsp;&nbsp;**$3811482** |
| Uganda — 0.4% | Uganda — 0.4% | Uganda — 0.4% | Uganda — 0.4% |
| Republic of Uganda Government Bonds, 13.50%, 7/9/26 | UGX | 3170000 | &nbsp;&nbsp;$852118 |
|  |  |  | &nbsp;&nbsp;**$852118** |
| Uzbekistan — 1.3% | Uzbekistan — 1.3% | Uzbekistan — 1.3% | Uzbekistan — 1.3% |
| Republic of Uzbekistan Bonds, 12.25%, 4/13/29<sup>(1)</sup> | UZS | 36980000 | &nbsp;&nbsp;$3138323 |
|  |  |  | &nbsp;&nbsp;**$3138323** |
| Zambia — 0.9% | Zambia — 0.9% | Zambia — 0.9% | Zambia — 0.9% |
| Zambia Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;13.00%, 6/26/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;961 | &nbsp;&nbsp;$46094 |
| &nbsp;&nbsp;&nbsp;14.50%, 2/16/28 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 161933 |
| &nbsp;&nbsp;&nbsp;14.90%, 2/16/29 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 163051 |
| &nbsp;&nbsp;&nbsp;16.00%, 2/16/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2836 | &nbsp;&nbsp;&nbsp;&nbsp; 153860 |
| &nbsp;&nbsp;&nbsp;16.60%, 2/16/36 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7500 | &nbsp;&nbsp;&nbsp;&nbsp; 405759 |
| &nbsp;&nbsp;&nbsp;17.59%, 2/16/41 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21300 | &nbsp;&nbsp;&nbsp;&nbsp; 1148564 |
|  |  |  | &nbsp;&nbsp;**$2079261** |
| Total Sovereign Government Bonds<br> (identified cost $70,123,608) |  |  | &nbsp;&nbsp;**$70860790** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Agency Mortgage-Backed Securities — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal National Mortgage Association, 4.984%, (COF + 1.792%), with maturity at 2035<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53 | &nbsp;&nbsp;$52771 |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (identified cost $53,065) |  | &nbsp;&nbsp;**$52771** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 65.4%

Affiliated Fund — 14.7%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(5)</sup> | 35697797 | &nbsp;&nbsp;$35697797 |
| Total Affiliated Fund<br> (identified cost $35,697,797) |  | &nbsp;&nbsp;**$35697797** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Government Securities — 11.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Albania — 0.8% | Albania — 0.8% | Albania — 0.8% | Albania — 0.8% |
| Albanian Treasury Bills, 0.00%, 1/28/27 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;170330 | &nbsp;&nbsp;$2042696 |
|  |  |  | &nbsp;&nbsp;**$2042696** |
| Canada — 1.6% | Canada — 1.6% | Canada — 1.6% | Canada — 1.6% |
| Canada Treasury Bills, 0.00%, 6/17/26 | CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5421 | &nbsp;&nbsp;$3978899 |
|  |  |  | &nbsp;&nbsp;**$3978899** |
| Egypt — 0.4% | Egypt — 0.4% | Egypt — 0.4% | Egypt — 0.4% |
| Egypt Treasury Bills: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/12/26 | EGP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7675 | &nbsp;&nbsp;$142836 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/26/26 | EGP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4250 | &nbsp;&nbsp;&nbsp;&nbsp; 78376 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/2/26 | EGP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34500 | &nbsp;&nbsp;&nbsp;&nbsp; 633351 |
|  |  |  | &nbsp;&nbsp;**$854563** |
| Kazakhstan — 0.8% | Kazakhstan — 0.8% | Kazakhstan — 0.8% | Kazakhstan — 0.8% |
| Kazakhstan Treasury Bills, 0.00%, 5/15/26 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;871300 | &nbsp;&nbsp;$1873044 |
|  |  |  | &nbsp;&nbsp;**$1873044** |
| Nigeria — 4.9% | Nigeria — 4.9% | Nigeria — 4.9% | Nigeria — 4.9% |
| Nigeria OMO Bills: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/19/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;135000 | &nbsp;&nbsp;$97808 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/26/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;736153 | &nbsp;&nbsp;&nbsp;&nbsp; 531191 |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nigeria (continued) | Nigeria (continued) | Nigeria (continued) | Nigeria (continued) |
| Nigeria OMO Bills: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 6/2/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;354117 | &nbsp;&nbsp;$253756 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/9/26 | NGN | 3808100 | &nbsp;&nbsp;&nbsp;&nbsp; 2726028 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/23/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;133257 | &nbsp;&nbsp;&nbsp;&nbsp; 94696 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/30/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;244397 | &nbsp;&nbsp;&nbsp;&nbsp; 173048 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/7/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;179725 | &nbsp;&nbsp;&nbsp;&nbsp; 126807 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/10/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32020 | &nbsp;&nbsp;&nbsp;&nbsp; 22425 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/14/26 | NGN | 4584064 | &nbsp;&nbsp;&nbsp;&nbsp; 3223196 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/28/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30784 | &nbsp;&nbsp;&nbsp;&nbsp; 21501 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/4/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;113397 | &nbsp;&nbsp;&nbsp;&nbsp; 78930 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/11/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;725934 | &nbsp;&nbsp;&nbsp;&nbsp; 503530 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/18/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;169396 | &nbsp;&nbsp;&nbsp;&nbsp; 116213 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/25/26 | NGN | 4322627 | &nbsp;&nbsp;&nbsp;&nbsp; 2977768 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/1/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42224 | &nbsp;&nbsp;&nbsp;&nbsp; 28989 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/8/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75410 | &nbsp;&nbsp;&nbsp;&nbsp; 51508 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/22/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40105 | &nbsp;&nbsp;&nbsp;&nbsp; 27022 |
| &nbsp;&nbsp;&nbsp;0.00%, 1/12/27 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;865901 | &nbsp;&nbsp;&nbsp;&nbsp; 561399 |
| &nbsp;&nbsp;&nbsp;0.00%, 1/19/27 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;624275 | &nbsp;&nbsp;&nbsp;&nbsp; 403680 |
|  |  |  | &nbsp;&nbsp;**$12019495** |
| Norway — 0.9% | Norway — 0.9% | Norway — 0.9% | Norway — 0.9% |
| Norway Treasury Bills, 0.00%, 12/16/26<sup>(1)(2)</sup> | NOK | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20050 | &nbsp;&nbsp;$2106877 |
|  |  |  | &nbsp;&nbsp;**$2106877** |
| Uganda — 1.7% | Uganda — 1.7% | Uganda — 1.7% | Uganda — 1.7% |
| Republic of Uganda Treasury Bills, 0.00%, 9/24/26 | UGX | 16300000 | &nbsp;&nbsp;$4179787 |
|  |  |  | &nbsp;&nbsp;**$4179787** |
| Total Sovereign Government Securities<br> (identified cost $26,450,412) |  |  | &nbsp;&nbsp;**$27055361** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Treasury Obligations — 39.6%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/14/26<sup>(6)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;$9987081 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/21/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25520 | &nbsp;&nbsp;&nbsp;&nbsp; 25468851 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2490 | &nbsp;&nbsp;&nbsp;&nbsp; 2483342 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2510 | &nbsp;&nbsp;&nbsp;&nbsp; 2499723 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16481 | &nbsp;&nbsp;&nbsp;&nbsp; 16401325 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/25/26<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp; 19889282 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11860 | &nbsp;&nbsp;&nbsp;&nbsp; 11778194 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 7/16/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8140 | &nbsp;&nbsp;$8078458 |
| Total U.S. Treasury Obligations<br> (identified cost $96,587,279) |  | &nbsp;&nbsp;**$96586256** |
| Total Short-Term Investments<br> (identified cost $158,735,488) |  | &nbsp;&nbsp;**$159339414** |

---

---

| | |
|:---|:---|
| Total Purchased Options — 0.0%<sup>†</sup><br> (identified cost $120,078) | &nbsp;&nbsp;**$88371** |
| Total Investments — 95.1%<br> (identified cost $230,290,716) | &nbsp;&nbsp;**$231771032** |
| Total Written Options — (0.0)%<sup>†</sup><br> (premiums received $45,460) | &nbsp;&nbsp;**$(15709)** |
| Other Assets, Less Liabilities — 4.9% | &nbsp;&nbsp;**$11899908** |
| Net Assets — 100.0% | &nbsp;&nbsp;**$243655231** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</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 April 30, 2026, the aggregate value of these securities is $20,639,598 or 8.5% of the Portfolio's net assets. |
| <sup>(2)</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 April 30, 2026, the aggregate value of these securities is $3,164,403 or 1.3% of the Portfolio's net assets. |
| <sup>(3)</sup> | Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026. |
| <sup>(4)</sup> | Adjustable rate mortgage security whose interest rate generally adjusts monthly based on a weighted average of interest rates on the underlying mortgages. The coupon rate may not reflect the applicable index value as interest rates on the underlying mortgages may adjust on various dates and at various intervals and may be subject to lifetime ceilings and lifetime floors and lookback periods. Rate shown is the coupon rate at April 30, 2026. |
| <sup>(5)</sup> | May be deemed to be an affiliated investment company (see Note 7). The rate shown is the annualized seven-day yield as of April 30, 2026. |
| <sup>(6)</sup> | Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts. |

---

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** | **Purchased Currency Options (OTC) — 0.0%<sup>†</sup>** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Put USD vs. Call CNH | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;$2567 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.75 | &nbsp;&nbsp; 7/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2040 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2567 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.72 | &nbsp;&nbsp;7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1757 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2567 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2567 |
| Put USD vs. Call CNH | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.72 | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3042 |
| Put USD vs. Call CNH | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5134 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp; 1024 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 600000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp; 559 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 510000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/30/29 | &nbsp;&nbsp;&nbsp;&nbsp; 479 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 600000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4727 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;10067 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7034 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/21/26 | &nbsp;&nbsp;&nbsp;&nbsp;10256 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7105 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 100000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 710 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7878 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;10702 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;USD | &nbsp;&nbsp; 700000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5589 |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$88371** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Call USD vs. Put BRL (Digital Option) | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 28000 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 7.00 | &nbsp;&nbsp;7/12/27 | &nbsp;&nbsp;$(2623) |
| Call USD vs. Put BRL (Digital Option) | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 22000 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 7.00 | &nbsp;&nbsp;7/14/27 | &nbsp;&nbsp;&nbsp;&nbsp; (2076) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1590.00 | &nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; (4334) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1600.00 | &nbsp;&nbsp;9/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; (3889) |
| Call USD vs. Put KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1630.00 | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; (2787) |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$(15709)** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |

---

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 821918 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 164676 | &nbsp;&nbsp;&nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1308 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 164254 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 821918 | &nbsp;&nbsp;&nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1730) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 2300000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 460414 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4063 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 2178082 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 436621 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3236 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 897627 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 4478082 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6707) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 50875 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2074) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 53449 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4648 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp; 778000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 869012 | &nbsp;&nbsp;&nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4374) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 6000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1191571 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11366 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 4478082 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 891365 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6444 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 888889 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 176685 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1528 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 111111 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 22047 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 821918 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 162971 | &nbsp;&nbsp;&nbsp;&nbsp;6/3/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1773 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp; 157600000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 170338 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4819 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp; 231000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 259518 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2785) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp; 189940000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 214251 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3152) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp; 403000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 454576 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6682) |
| COP | &nbsp;&nbsp;&nbsp;&nbsp;7500000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1935259 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106063 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2314705 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37246 |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 129170000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1387908 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (34015) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 300000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3246859 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(102414) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 415000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4459100 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(109285) |
| KRW | &nbsp;&nbsp;&nbsp;&nbsp;3275860170 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2205230 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20750 |
| KRW | &nbsp;&nbsp;&nbsp;&nbsp; 900000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 597221 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14338 |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 50666 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1888) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 97723290 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1650425 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (61503) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 90000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2835673 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8497 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 35000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1097936 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8130 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 30000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 941044 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7012 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 18015000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 564610 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4698 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 30000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 946007 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2050 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 128618 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp; 119000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3638) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 170338 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp; 157600000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4819) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 293957 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp; 271540000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7832) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1613353 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;1488000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (40410) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 28221 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 24384 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (454) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 172050 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 148658 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2768) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 331240 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 19930712 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7179 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 296995 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 18000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4326 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 252517 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 15300000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3748 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 183395 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 11100000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2916 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 205999 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 12500000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2756 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 208724 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 12680000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2555 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 182001 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 11039288 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2509 |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 6590000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 205616 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2533 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 5480000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 170876 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2213 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 5490000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 171255 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2150 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 4420000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 137974 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1634 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 4390000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 137037 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1624 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 4380000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 136828 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1517 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 2190000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 68290 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 882 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 4340000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 136361 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 720 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 3420000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 107570 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 453 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 2932300 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 92677 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (59) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 2330500 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 73687 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (77) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 2911500 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 92087 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (125) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 2882300 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 91244 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (205) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 3327300 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 105328 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (233) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 3634300 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 115028 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (236) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 4325400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 136862 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (242) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 2362900 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 74910 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (277) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 3712800 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 117549 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (278) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 2580700 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 81797 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (284) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 2788000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 87343 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 640 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 3270000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 102620 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 574 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 2067000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 64778 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 452 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 2069000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 64920 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 373 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 95033 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (359) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 3190000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 101181 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (512) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 4380000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 138827 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (604) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 5390000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 170895 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (799) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 5125534 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 162417 | &nbsp;&nbsp;&nbsp;&nbsp;10/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (682) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 9420466 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 298314 | &nbsp;&nbsp;&nbsp;&nbsp;10/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1054) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(112603)** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| UGX | &nbsp;&nbsp; 19726000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5472 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(234) |
| UGX | &nbsp;&nbsp; 149385000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 40131 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (467) |
| UGX | &nbsp;&nbsp; 216583000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 57449 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 56 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 37803 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 2005446 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 402 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 40760 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;149385000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1096 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 5299 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 19726000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 36067 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;130022000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1545 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 24045 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 86561000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;$1062 | &nbsp;&nbsp;$— |
| USD | &nbsp;&nbsp; 37348 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 2005663 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (37) |
| EUR | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9371131 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 19383 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 65070 | &nbsp;&nbsp;RON | &nbsp;&nbsp; 357595 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4355) |
| RON | &nbsp;&nbsp; 357595 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 66890 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2219 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1562279 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 71265500 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3976) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 3792288814 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7879753 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 279649 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp; 6513833 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1749 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (22) |
| USD | &nbsp;&nbsp; 68090 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 32666000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2194) |
| USD | &nbsp;&nbsp; 68090 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 32666000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2194) |
| USD | &nbsp;&nbsp; 136178 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 65195000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4095) |
| USD | &nbsp;&nbsp; 12022 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 44723000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 166 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 57381 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;216583000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (37) |
| TRY | &nbsp;&nbsp; 3204937 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 68558 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1482 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 67947 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 3204937 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2093) |
| TRY | &nbsp;&nbsp; 156412208 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3333443 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 78347 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1423102 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 67057124 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (39602) |
| USD | &nbsp;&nbsp; 1901926 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 89355084 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (47160) |
| VND | &nbsp;&nbsp;&nbsp;&nbsp; 2750000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 104982 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/26/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (810) |
| KZT | &nbsp;&nbsp; 31712737 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 59332 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8197 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 56257 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 26571588 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (324) |
| USD | &nbsp;&nbsp; 44582 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 21372018 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (928) |
| USD | &nbsp;&nbsp; 67058 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 34645630 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6716) |
| USD | &nbsp;&nbsp; 437877 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;212622000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (14878) |
| USD | &nbsp;&nbsp; 253489 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;131434115 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (26385) |
| KZT | &nbsp;&nbsp; 106887000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 210615 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 16719 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 106518000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 210614 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 15935 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 106318000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 210614 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 15509 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 133500 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 62630551 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 294 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 68088 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 33169000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2458) |
| USD | &nbsp;&nbsp; 109467 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 53137451 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3548) |
| USD | &nbsp;&nbsp; 136177 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 66182000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4583) |
| KZT | &nbsp;&nbsp; 54790340 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 108260 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8225 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 54779514 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 108260 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8202 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 54714558 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 108260 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8064 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 54779514 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 108260 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8064 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 21907475 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 43304 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3216 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MYR | &nbsp;&nbsp; 6000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1532332 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (18999) |
| MYR | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1020929 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12040) |
| AUD | &nbsp;&nbsp; 2095000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1466358 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 40723 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| AUD | &nbsp;&nbsp; 905000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 633438 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 17591 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| AUD | &nbsp;&nbsp; 800000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 561256 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 14240 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CHF | &nbsp;&nbsp; 1997000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2592942 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (25228) |
| CHF | &nbsp;&nbsp; 465000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 602141 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4251) |

---

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| CNH | &nbsp;&nbsp; 34176790 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4967349 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$50106 | &nbsp;&nbsp;$— |
| CNH | &nbsp;&nbsp; 6100000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 888015 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7519 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CNH | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 584048 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3188 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CRC | &nbsp;&nbsp;&nbsp;&nbsp; 1487500000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3164759 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 106197 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CRC | &nbsp;&nbsp; 224410000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 481308 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 12161 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| CZK | &nbsp;&nbsp; 61500000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2513590 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5682 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 1247031 | &nbsp;&nbsp;CZK | &nbsp;&nbsp; 30541659 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4291) |
| EUR | &nbsp;&nbsp; 1263864 | &nbsp;&nbsp;CZK | &nbsp;&nbsp; 30958341 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4561) |
| EUR | &nbsp;&nbsp; 675109 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;269355000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (71959) |
| EUR | &nbsp;&nbsp; 1862067 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17098) |
| GEL | &nbsp;&nbsp; 2130000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 785253 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4908 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| GHS | &nbsp;&nbsp; 13000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1155556 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (24293) |
| HUF | &nbsp;&nbsp; 389371834 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1008866 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 65276 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp; 426942956 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1162651 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5206 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp; 1922982638 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 4856139 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 470938 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp; 500325502 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1263480 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 122530 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp; 125098205 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 328069 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 16341 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 1146308 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 372478 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 16486 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 1031000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 335230 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 14607 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 275648 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 89395 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4138 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 93784 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 30421 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1402 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 1722261 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 558717 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 25678 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 573188 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 186239 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8254 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 6069977 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1952279 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 107376 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 1149094 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 371599 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 18310 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 558717 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 181894 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7689 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| JPY | &nbsp;&nbsp; 120000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 768266 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 886 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| JPY | &nbsp;&nbsp; 296621211 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1888192 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 13031 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 335600000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2561832 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 23583 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 75000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 573395 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4395 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 108422300 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 216520 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 13532 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MXN | &nbsp;&nbsp; 28083679 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1567931 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 33967 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MXN | &nbsp;&nbsp; 3860000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 215506 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4669 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NZD | &nbsp;&nbsp; 3770000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2236200 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5824) |
| PKR | &nbsp;&nbsp; 265000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 916955 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 28617 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1868679 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9323 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| SEK | &nbsp;&nbsp; 3340000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 362000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 572 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| SGD | &nbsp;&nbsp; 1700000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1337697 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1996 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| SGD | &nbsp;&nbsp; 5281000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4151225 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 10490 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| THB | &nbsp;&nbsp; 30000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 949902 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (26503) |
| THB | &nbsp;&nbsp; 74700000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2372573 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (73309) |
| USD | &nbsp;&nbsp; 82443 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 260411 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5919) |
| USD | &nbsp;&nbsp; 102727 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 322910 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6843) |
| USD | &nbsp;&nbsp; 247323 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 779498 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17175) |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 22071 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 69683 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(1574) |
| USD | &nbsp;&nbsp; 81287 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 256939 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5897) |
| USD | &nbsp;&nbsp; 173608 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 547541 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12183) |
| USD | &nbsp;&nbsp; 173607 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 548041 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12353) |
| USD | &nbsp;&nbsp; 173607 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 548084 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12368) |
| USD | &nbsp;&nbsp; 173608 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 548939 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12658) |
| USD | &nbsp;&nbsp; 173607 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 548981 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12672) |
| USD | &nbsp;&nbsp; 520822 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 1638950 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (35304) |
| USD | &nbsp;&nbsp; 23520 | &nbsp;&nbsp;NZD | &nbsp;&nbsp; 39653 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 61 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 7301 | &nbsp;&nbsp;NZD | &nbsp;&nbsp; 12309 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2285618 | &nbsp;&nbsp;SEK | &nbsp;&nbsp; 21118088 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6848) |
| USD | &nbsp;&nbsp; 3443 | &nbsp;&nbsp;SEK | &nbsp;&nbsp; 31912 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (21) |
| USD | &nbsp;&nbsp; 85420 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 1468330 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2443) |
| USD | &nbsp;&nbsp; 90437 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 1523768 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (743) |
| USD | &nbsp;&nbsp; 103240 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 1739607 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (856) |
| USD | &nbsp;&nbsp; 187776 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 3232240 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5637) |
| USD | &nbsp;&nbsp; 1315607 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 22726711 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44332) |
| USD | &nbsp;&nbsp; 1654892 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 27499999 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9326 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 70769 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 1215924 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1990) |
| USD | &nbsp;&nbsp; 70567 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 1217188 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2268) |
| VND | &nbsp;&nbsp;213010000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7988824 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 65536 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;&nbsp;&nbsp;32659000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1225111 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9795 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 738005 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 43801 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 360 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 2909329 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 176956 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2865) |
| ZAR | &nbsp;&nbsp; 4217710 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 257180 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4798) |
| ZAR | &nbsp;&nbsp; 340000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 20460 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (115) |
| ZAR | &nbsp;&nbsp; 8639250 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 527356 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10394) |
| ZAR | &nbsp;&nbsp; 2929980 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 177252 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1926) |
| ZAR | &nbsp;&nbsp; 2928207 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 177252 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2032) |
| ZAR | &nbsp;&nbsp; 2925552 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 177252 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2191) |
| ZAR | &nbsp;&nbsp; 2925194 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 177252 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2212) |
| ZAR | &nbsp;&nbsp; 2925105 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 177252 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2218) |
| ZAR | &nbsp;&nbsp; 2924308 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 177252 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2265) |
| ZAR | &nbsp;&nbsp; 2924308 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 177252 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2265) |
| ZAR | &nbsp;&nbsp; 2910074 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 177252 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3117) |
| ZAR | &nbsp;&nbsp; 22478577 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1370127 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (25037) |
| ZAR | &nbsp;&nbsp; 4288005 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 260955 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4366) |
| ZMW | &nbsp;&nbsp; 26500000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1321696 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 92689 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp; 11678802 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 79399 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1495 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MYR | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1015796 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6849) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 1846000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3704596 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 204547 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 8150000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14977 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2281 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 67058 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 34819982 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6678) |
| EGP | &nbsp;&nbsp; 8823862 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 175958 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15555) |

---

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| KZT | &nbsp;&nbsp; 900000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1668211 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;$236153 | &nbsp;&nbsp;$— |
| USD | &nbsp;&nbsp; 176301 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 8823862 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 15897 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EGP | &nbsp;&nbsp; 8357581 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 164779 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (13186) |
| USD | &nbsp;&nbsp; 165007 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 8357581 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 13414 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1202026 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (191709) |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;23242800000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1680000 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;7/2/26 | &nbsp;&nbsp;&nbsp;&nbsp; 243314 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;72000000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5760000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 196739 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;&nbsp;&nbsp;20000000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 746965 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;7/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7821 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp; 860526261 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 32169 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;7/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 299 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp; 339680000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12694 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 123 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp; 8018622 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 55081 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 103 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp; 25000000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 172224 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (264) |
| RSD | &nbsp;&nbsp; 66000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 661301 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;7/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2198) |
| KZT | &nbsp;&nbsp; 8414000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15686 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1939 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 73505 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 39104874 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8409) |
| KZT | &nbsp;&nbsp; 6721000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12549 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1525 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 73505 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 39097524 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8365) |
| VND | &nbsp;&nbsp;&nbsp;&nbsp;13850563900 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 520404 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1796 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 8150000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15258 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;7/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1802 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp; 5182410000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1363792 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;7/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11515) |
| USD | &nbsp;&nbsp; 24045 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 88364000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 987 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 10000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 18797 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2107 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 73505 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 39130601 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8289) |
| USD | &nbsp;&nbsp; 11970 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 43570000 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 609 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 24045 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 88124000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1071 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 718534000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1347952 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 152942 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 37427 | &nbsp;&nbsp;ISK | &nbsp;&nbsp; 5445560 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 7578000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 13170 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2609 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 7327000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12727 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2513 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 113618776 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 216520 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 16926 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 96781504 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 185121 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 13730 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 44987 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 2697000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2473) |
| KZT | &nbsp;&nbsp; 113142432 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 216520 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 15786 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 56479195 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 108260 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7704 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MNT | &nbsp;&nbsp; 24656700 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6438 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 305 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MNT | &nbsp;&nbsp; 25405000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6621 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;10/5/26 | &nbsp;&nbsp;&nbsp;&nbsp; 320 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| AMD | &nbsp;&nbsp; 160895000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 404259 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;10/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 22619 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| RUB | &nbsp;&nbsp; 10253000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 127987 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 765 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| AMD | &nbsp;&nbsp;&nbsp;&nbsp; 1016711000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2661547 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;10/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 33740 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| AMD | &nbsp;&nbsp; 167489000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 438453 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;10/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5558 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 14889000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 24378 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5886 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 24045 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 88725000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1352 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 22756 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 86560932 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 617 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 24045 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 89446000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1173 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*20*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| KZT | &nbsp;&nbsp; 14743000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 24189 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/23/26 | &nbsp;&nbsp;$5697 | &nbsp;&nbsp;$— |
| USD | &nbsp;&nbsp; 24045 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 89326000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1214 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 22541000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 37252 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 8378 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 7522176 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12727 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2464 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 48089 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;179133000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2418 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 12022 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 44783000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 612 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZMW | &nbsp;&nbsp; 300000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12361 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;11/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3437 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 24045 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 89807000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1185 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 24045 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 89855000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1173 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 24045 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 90288000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1074 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 12022 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 45805000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 372 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 24045 | &nbsp;&nbsp;UGX | &nbsp;&nbsp; 93774000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;11/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 210 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 9587184 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 173478 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/19/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3206 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 174692 | &nbsp;&nbsp;TRY | &nbsp;&nbsp; 9587184 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1992) |
| KZT | &nbsp;&nbsp; 58325026 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 108260 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7958 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 56295153 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 104299 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7875 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 49013706 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 91078 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6586 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp; 141924000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 95658 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;12/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 404 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 83223507 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 156582 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9088 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| RUB | &nbsp;&nbsp; 13793000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 166899 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;1/13/27 | &nbsp;&nbsp;&nbsp;&nbsp; 416 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp; 13858000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8634 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;1/21/27 | &nbsp;&nbsp;&nbsp;&nbsp; 652 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KWD | &nbsp;&nbsp; 195000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 640604 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/3/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2648) |
| USD | &nbsp;&nbsp; 645690 | &nbsp;&nbsp;KWD | &nbsp;&nbsp; 195000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/3/27 | &nbsp;&nbsp;&nbsp;&nbsp; 7734 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp; 47004000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 84998 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 6132 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp; 2528426000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 193231 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 5584 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp; 1263247000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 96615 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 2716 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp; 1265662000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 96615 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/12/27 | &nbsp;&nbsp;&nbsp;&nbsp; 2887 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp; 1263247000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 96615 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/12/27 | &nbsp;&nbsp;&nbsp;&nbsp; 2698 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp; 175692000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 115587 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;3/15/27 | &nbsp;&nbsp;&nbsp;&nbsp; 370 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp; 1842208144 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 141328 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 3368 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp; 920397433 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 70664 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 1628 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp; 681384000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 52273 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 1246 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp; 185760000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14262 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 329 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp; 154671000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11875 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 274 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp; 1845741340 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 141328 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 3619 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp; 922870670 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 70664 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 1809 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp; 805620000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 61686 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 1579 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp; 402810000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 30843 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 790 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp; 1275666784 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 97305 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/19/27 | &nbsp;&nbsp;&nbsp;&nbsp; 2855 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| RUB | &nbsp;&nbsp; 28723000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 333801 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;4/13/27 | &nbsp;&nbsp;&nbsp;&nbsp; 6818 | &nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  |  |  | &nbsp;&nbsp;**$3282754** | &nbsp;&nbsp;**$(1001467)** |

---

*21*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Interest Rate Futures** |  |  |  |  |  |
| Euro-Bobl | &nbsp;&nbsp;&nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;$(135498) | &nbsp;&nbsp;&nbsp;&nbsp;$2148 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$2148** |

---

---

| | | |
|:---|:---|:---|
| **Cross-Currency Swaps (OTC)** |  |  |
| **Counterparty** | &nbsp;&nbsp;**Effective Date/<br> Termination<br> Date<sup>(1)</sup>** | &nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| Bank of America, N.A. &nbsp;&nbsp;3-month PLN WIBOR + 0.59% on PLN 4,411,843 (Notional Amount) (pays quarterly) plus EUR equivalent of Notional Amount<sup>(2)</sup> &nbsp;&nbsp;3-month EURIBOR on EUR equivalent of Notional Amount (pays quarterly) plus Notional Amount<sup>(2)</sup> | &nbsp;&nbsp;6/5/26/<br>6/5/29 | &nbsp;&nbsp;$7755 |
|  |  | &nbsp;&nbsp;**$7755** |

---

<sup>(1)</sup> Effective date represents the date on which the Portfolio and counterparty exchange the currencies and begin interest payment accrual.

<sup>(2)</sup> The Portfolio pays interest on the currency received and receives interest on the currency delivered. At the termination date, the notional amount of the currency received will be exchanged for the notional amount of the currency delivered. For non-deliverable currency swaps, the net of the USD amount and USD equivalent of the Notional Amount will be paid or received by the Portfolio.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| COF | – Cost of Funds 11th District |
| EURIBOR | – Euro Interbank Offered Rate |
| OTC | – Over-the-counter |
| TLREF | – Turkish Lira Overnight Reference Rate |
| WIBOR | – Warsaw Interbank Offered Rate |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| ALL | – Albanian Lek |
| AMD | – Armenian Dram |
| AUD | – Australian Dollar |
| BRL | – Brazilian Real |
| CAD | – Canadian Dollar |
| CHF | – Swiss Franc |
| CLP | – Chilean Peso |
| CNH | – Yuan Renminbi Offshore |
| COP | – Colombian Peso |
| CRC | – Costa Rican Colon |
| CZK | – Czech Koruna |
| DOP | – Dominican Peso |
| EGP | – Egyptian Pound |
| EUR | – Euro |
| GEL | – Georgian Lari |

---

---

| | |
|:---|:---|
| GHS | – Ghanaian Cedi |
| HUF | – Hungarian Forint |
| ILS | – Israeli Shekel |
| INR | – Indian Rupee |
| ISK | – Icelandic Krona |
| JPY | – Japanese Yen |
| KES | – Kenyan Shilling |
| KRW | – South Korean Won |
| KWD | – Kuwaiti Dinar |
| KZT | – Kazakhstani Tenge |
| LKR | – Sri Lankan Rupee |
| MNT | – Mongolia Tughrik |
| MXN | – Mexican Peso |
| MYR | – Malaysian Ringgit |
| NGN | – Nigerian Naira |

---

*22*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | |
|:---|:---|
| NOK | – Norwegian Krone |
| NZD | – New Zealand Dollar |
| PEN | – Peruvian Sol |
| PHP | – Philippine Peso |
| PKR | – Pakistan Rupee |
| PLN | – Polish Zloty |
| PYG | – Paraguayan Guarani |
| RON | – Romanian Leu |
| RSD | – Serbian Dinar |
| RUB | – Russian Ruble |
| SEK | – Swedish Krona |

---

---

| | |
|:---|:---|
| SGD | – Singapore Dollar |
| THB | – Thai Baht |
| TRY | – Turkish Lira |
| TWD | – New Taiwan Dollar |
| UGX | – Ugandan Shilling |
| USD | – United States Dollar |
| UZS | – Uzbekistani Som |
| VND | – Viet Nam Dong |
| ZAR | – South African Rand |
| ZMW | – Zambian Kwacha |

---

*23*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $194,592,919) | &nbsp;&nbsp;$196073235 |
| Affiliated investments, at value (identified cost $35,697,797) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35697797 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4519348 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1551125 |
| &nbsp;&nbsp;&nbsp;OTC derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 |
| Foreign currency, at value (identified cost $2,383,872) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2387213 |
| Interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1654744 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84462 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917843 |
| Receivable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2098 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3282754 |
| Receivable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7755 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44660 |
| **Total assets** | &nbsp;&nbsp;**$247723034** |
| Liabilities |  |
| Cash collateral due to broker | &nbsp;&nbsp;$1500000 |
| Written options outstanding, at value (premiums received $45,460) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15709 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1233242 |
| Payable for variation margin on open centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34221 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001467 |
| 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;&nbsp;&nbsp;93933 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44660 |
| &nbsp;&nbsp;&nbsp;Other | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13145 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131191 |
| **Total liabilities** | &nbsp;&nbsp;**$4067803** |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$243655231** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income from affiliated investments | &nbsp;&nbsp;$347293 |
| Interest income (net of foreign taxes withheld of $50,084) | &nbsp;&nbsp;&nbsp;&nbsp;5287294 |
| **Total investment income** | &nbsp;&nbsp;**$5634587** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$414724 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5591 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118998 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57840 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8730 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5746 |
| **Total expenses** | &nbsp;&nbsp;**$611629** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$32993 |
| **Total expense reductions** | &nbsp;&nbsp;**$32993** |
| **Net expenses** | &nbsp;&nbsp;**$578636** |
| **Net investment income** | &nbsp;&nbsp;**$5055951** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(373835) |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15303 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68586) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(213669) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;1981623 |
| **Net realized gain** | &nbsp;&nbsp;**$1340829** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$1320790 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28776 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2759 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6695) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25572 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;2056243 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$3427445** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$4768274** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$9824225** |

---

*25*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$5055951 | &nbsp;&nbsp;$2223393 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1340829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440088 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3427445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757467 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$9824225** | &nbsp;&nbsp;**$3420948** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$197378745 | &nbsp;&nbsp;$15792596 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3385082) | &nbsp;&nbsp;&nbsp;&nbsp;(10671658) |
| **Net increase in net assets from capital transactions** | &nbsp;&nbsp;**$193993663** | &nbsp;&nbsp;**$5120938** |
| **Net increase in net assets** | &nbsp;&nbsp;**$203817888** | &nbsp;&nbsp;**$8541886** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$39837343 | &nbsp;&nbsp;$31295457 |
| **At end of period** | &nbsp;&nbsp;**$243655231** | &nbsp;&nbsp;**$39837343** |

---

*26*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| <br>Ratios/Supplemental Data | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.73%<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.96%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.80%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(3)</sup> |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.69%<sup>(2)(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84%<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72%<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72%<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%<sup>(3)</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.05%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.57% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.62% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102%<sup>(6)</sup> |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.09%<sup>(5)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.82%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.35%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.86%** | &nbsp;&nbsp;&nbsp;&nbsp;**(18.54)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.08)%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$243655** | &nbsp;&nbsp;**$39837** | &nbsp;&nbsp;**$31295** | &nbsp;&nbsp;**$36028** | &nbsp;&nbsp;**$28555** | &nbsp;&nbsp;**$58102** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes interest expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 0.01%, 0.15%, 0.31%, 0.03%, 0.02% and 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(5)</sup> Not annualized.

<sup>(6)</sup> Includes the effect of To Be Announced (TBA) transactions.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

International Income Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified, open-end management investment company. The Portfolio's investment objective is total return. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Strategic Income Fund and Eaton Vance Diversified Currency Income Fund held an interest of 76.0% and 24.0%, respectively, in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.

**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 (including options on securities, indices and foreign currencies) 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. Futures contracts are valued at the closing settlement price established by the board of trade or exchange on which they are traded. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service. Swaps are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.**

**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.**

**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 Portfolio'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 Portfolio 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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Withholding taxes on foreign interest have been provided for in accordance with the Portfolio's understanding of the applicable countries' tax rules and rates. Inflation adjustments to the principal amount of inflation-adjusted bonds and notes are reflected as interest income. Deflation adjustments to the principal amount of an inflation-adjusted bond or note are reflected as reductions to interest income to the extent of interest income previously recorded on such bond or note. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in

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April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

In addition to the requirements of the Internal Revenue Code, the Portfolio may also be subject to local taxes on the recognition of capital gains in certain countries. In determining the daily net asset value, the Portfolio 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 April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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.

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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

H Futures Contracts—Upon entering into a futures contract, the Portfolio is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Portfolio each business day, depending on the daily fluctuations in the value of the underlying security or index, and are recorded as unrealized gains or losses by the Portfolio. Gains (losses) are realized upon the expiration or closing of the futures contracts. Should market conditions change unexpectedly, the Portfolio may not achieve the anticipated benefits of the futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

I Forward Foreign Currency Exchange Contracts—The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. While forward foreign currency exchange contracts are privately negotiated agreements between the Portfolio and a counterparty, certain contracts may be "centrally cleared", whereby all payments made or received by the Portfolio pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared contracts, the Portfolio is required to deposit with the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. For centrally cleared contracts, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and, in the case of forward foreign currency exchange contracts, from movements in the value of a foreign currency relative to the U.S. dollar. In the case of centrally cleared contracts, counterparty risk is minimal due to protections provided by the CCP.

J Purchased Options—Upon the purchase of a call or put option, the premium paid by the Portfolio is included in the Statement of Assets and Liabilities as an investment. The amount of the investment is subsequently marked-to-market to reflect the current market value of the option purchased, in accordance with the Portfolio's policies on investment valuations discussed above. Premiums paid for purchasing options that expire are treated as realized losses. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. The risk associated with purchasing options is limited to the premium originally paid. Purchased options traded over-the-counter involve risk that the issuer or counterparty will fail to perform its contractual obligations.

K Written Options—Upon the writing of a call or a put option, the premium received by the Portfolio 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 Portfolio's policies on investment valuations discussed above. Premiums received from writing options that expire are treated as realized gains. Premiums received from writing options that are exercised or are closed are added to or offset against the proceeds or amount paid on the transaction to determine

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April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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the realized gain or loss. The Portfolio, as a writer of an option, may have no control over whether the underlying instrument may be sold (call) or purchased (put) and, as a result, bears the market risk of an unfavorable change in the price of the instrument underlying the written option. The Portfolio may also bear the risk of not being able to enter into a closing transaction if a liquid secondary market does not exist.

L Cross-Currency Swaps —Cross-currency swaps are interest rate swaps in which interest cash flows are exchanged between two parties based on the notional amounts of two different currencies. The notional amounts are typically determined based on the spot exchange rates at the inception of the trade. Cross-currency swaps also involve the exchange of the notional amounts at the start of the contract at the current spot rate with an agreement to re-exchange such amounts at a later date at either the same exchange rate, a specified rate or the then current spot rate. The entire principal value of a cross-currency swap is subject to the risk that the counterparty to the swap will default on its contractual delivery obligations.

M Total Return Swaps—In a total return swap, the buyer receives a periodic return equal to the total return of a specified security, securities or index for a specified period of time. In return, the buyer pays the counterparty a fixed or variable stream of payments, typically based upon short-term interest rates, possibly plus or minus an agreed upon spread. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains and losses. Periodic payments received or made are recorded as realized gains or losses. The Portfolio is exposed to credit loss in the event of nonperformance by the swap counterparty. Risk may also arise from the unanticipated movements in value of exchange rates, interest rates, securities, or the index.

N Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

O Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Portfolio. The fee is computed at an annual rate as a percentage of the Portfolio'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 $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.500% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.475% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.455% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.440% |

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For the six months ended April 30, 2026, the Portfolio's investment adviser fee amounted to $414,724 or 0.50% (annualized) of the Portfolio's average daily net assets. Pursuant to a voluntary expense reimbursement, BMR was allocated $19,286 of the Portfolio's operating expenses for the six months ended April 30, 2026.

The Portfolio 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 fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $13,707 relating to the Portfolio's investment in the Liquidity Fund.

Pursuant to an investment sub-advisory agreement effective December 31, 2024, BMR has delegated a portion of the investment management of the Portfolio to Morgan Stanley Investment Management Limited (MSIM Ltd.), a wholly-owned subsidiary of Morgan Stanley. BMR pays MSIM Ltd. a portion of its investment adviser fee for sub-advisory services provided to the Portfolio.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

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April 30, 2026

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3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities and paydowns, for the six months ended April 30, 2026 were as follows:

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;&nbsp;**Sales** |
| Investments (non-U.S. Government) | &nbsp;&nbsp;&nbsp;&nbsp;$34466191 | &nbsp;&nbsp;&nbsp;&nbsp;$4978292 |
| U.S. Government and Agency Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8115 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$34466191** | &nbsp;&nbsp;&nbsp;&nbsp;**$4986407** |

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4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Portfolio at April 30, 2026, as determined on a federal income tax basis, were as follows:

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| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$230386526** |
| Gross unrealized appreciation | &nbsp;&nbsp;$4851305 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1303921) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$3547384** |

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5 Financial Instruments

The Portfolio 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, forward foreign currency exchange contracts, futures contracts and swap contracts 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 Portfolio 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:

Foreign Exchange Risk: The Portfolio engages in forward foreign currency exchange contracts, currency options and cross-currency swaps to enhance total return, to seek to hedge against fluctuations in currency exchange rates and/or as a substitute for the purchase or sale of securities or currencies.

Interest Rate Risk: The Portfolio utilizes various interest rate derivatives including interest rate futures contracts, interest rate swaps, total return swaps and cross-currency swaps to enhance total return, to seek to hedge against fluctuations in interest rates and/or to change the effective duration of its portfolio.

The Portfolio enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio's net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $1,017,176. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $110,857 at April 30, 2026.

The OTC derivatives in which the Portfolio invests (except for written options and swaptions as the Portfolio, not the counterparty, is obligated to perform) are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/ or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or

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insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio's net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio and/ or counterparty is held in segregated accounts by the Portfolio's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Portfolio of Investments. The carrying amount of the liability for cash collateral due to brokers at April 30, 2026 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 8) at April 30, 2026.

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

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| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Unaffiliated investments, at value | &nbsp;&nbsp;$88371 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$88371 |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289953<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2148<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292101 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3282754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3282754 |
| Receivable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;7755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7755 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$3661078** | &nbsp;&nbsp;**$9903** | &nbsp;&nbsp;**$3670981** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$289953** | &nbsp;&nbsp;**$2148** | &nbsp;&nbsp;**$292101** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$3371125** | &nbsp;&nbsp;**$7755** | &nbsp;&nbsp;**$3378880** |
| Written options, at value | &nbsp;&nbsp;$(15709) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(15709) |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(402556)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(402556) |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;(1001467) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1001467) |
| **Total Liability Derivatives** | &nbsp;&nbsp;**$(1419732)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(1419732)** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$(402556)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(402556)** |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$(1017176)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(1017176)** |

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<sup>(1)</sup> Only the current day's variation margin on open futures contracts and centrally cleared derivatives is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open futures contracts and centrally cleared derivatives, as applicable.

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April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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The Portfolio's derivative assets and liabilities at fair value by risk, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following tables present the Portfolio's derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Portfolio for such assets and pledged by the Portfolio for such liabilities as of April 30, 2026.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$15876 | &nbsp;&nbsp;&nbsp;$(15876) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77930) | &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;28203 |
| BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38636 | &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; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38636 |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52787) | &nbsp;&nbsp;&nbsp;&nbsp;(109845) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58284 |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;1456969 | &nbsp;&nbsp;&nbsp;&nbsp;(104091) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1240000) | &nbsp;&nbsp;&nbsp;&nbsp;112878 |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38406 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(38406) | &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; — |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15109) | &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;10127 |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24293) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(260000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35491 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;682964 | &nbsp;&nbsp;&nbsp;&nbsp;(295415) | &nbsp;&nbsp;&nbsp;&nbsp;(387549) | &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; — |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5376) | &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; — |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437374 | &nbsp;&nbsp;&nbsp;&nbsp;(205813) | &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;231561 |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10490 | &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; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10490 |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4366) | &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;16354 |
|  | &nbsp;&nbsp;&nbsp;**$3378880** | &nbsp;&nbsp;&nbsp;**$(839462)** | &nbsp;&nbsp;&nbsp;**$(497394)** | &nbsp;&nbsp;&nbsp;**$(1500000)** | &nbsp;&nbsp;&nbsp;**$542024** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$(61121) | &nbsp;&nbsp;&nbsp;$15876 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$(45245) |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77930) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77930 | &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; — |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(52787) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52787 | &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; — |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(104091) | &nbsp;&nbsp;&nbsp;&nbsp;104091 | &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; — |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(115842) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38406 | &nbsp;&nbsp;&nbsp;&nbsp;77436 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15109) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15109 | &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; — |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24293) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24293 | &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; — |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(295415) | &nbsp;&nbsp;&nbsp;&nbsp;295415 | &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; — |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(60409) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55033) |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(205813) | &nbsp;&nbsp;&nbsp;&nbsp;205813 | &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; — |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4366) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4366 | &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;**$(1017176)** | &nbsp;&nbsp;&nbsp;**$839462** | &nbsp;&nbsp;&nbsp;**$77436** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$(100278)** |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Statement of Operations Caption** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |
| &nbsp;&nbsp;&nbsp;Investment transactions<sup>(1)</sup> | &nbsp;&nbsp;$10962 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$10962 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15303 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &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;(7) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(68586) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68586) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;1981623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;1981623 |
| **Total** | &nbsp;&nbsp;**$2007888** | &nbsp;&nbsp;**$(68593)** | &nbsp;&nbsp;**$1939295** |
| Change in unrealized appreciation (depreciation): |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments<sup>(1)</sup> | &nbsp;&nbsp;$(9527) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(9527) |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28776 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2759 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6695) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6695) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;2056243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;2056243 |
| **Total** | &nbsp;&nbsp;**$2075492** | &nbsp;&nbsp;**$(3936)** | &nbsp;&nbsp;**$2071556** |

---

<sup>(1)</sup> Relates to purchased options.

The average notional cost of futures contracts and average notional amounts of other derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | | |
|:---|:---|:---|
| **Futures<br> Contracts — Short** | &nbsp;&nbsp;&nbsp;&nbsp;**Forward<br> Foreign Currency<br> Exchange Contracts<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $137000 | &nbsp;&nbsp;&nbsp;&nbsp;$121662000 | &nbsp;&nbsp;&nbsp;&nbsp;$6308000 |

---

<sup>(1)</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

The average principal amount of purchased and written currency options contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately $12,207,000 and $557,000, respectively.

6 Line of Credit

The Portfolio participates with other portfolios and funds managed by EVM and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Portfolio solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Portfolio based on its borrowings generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Portfolio, it may be unable to borrow some or all of its requested amounts at any particular time. The Portfolio did not have any significant borrowings or allocated fees during the six months ended April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

7 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $35,697,797, which represents 14.7% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $815625 | $207209454 | $(172327282) | $— | $— | $35697797 | $347293 | 35697797 |

---

8 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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Foreign Corporate Bonds | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1429686 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1429686 |
| Sovereign Government Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70860790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70860790 |
| U.S. Government Agency Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52771 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp;35697797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35697797 |
| &nbsp;&nbsp;&nbsp;Sovereign Government Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27055361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27055361 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96586256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96586256 |
| Purchased Currency Options | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88371 |
| **Total Investments** | &nbsp;&nbsp;**$35697797** | &nbsp;&nbsp;&nbsp;&nbsp;**$196073235** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$231771032** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$3572707 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$3572707 |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; 2148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2148 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7755 |
| **Total** | &nbsp;&nbsp;**$35699945** | &nbsp;&nbsp;&nbsp;&nbsp;**$199653697** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$235353642** |
| **Liability Description** |  |  |  |  |
| Written Currency Options | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(15709) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(15709) |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1404023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1404023) |
| **Total** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1419732)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1419732)** |

---

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

International Income Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

9 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, and by acts of terrorism and war. 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 Portfolio 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.

Economic data as reported by sovereign entities may be delayed, inaccurate or fraudulent. In the event of a default by a sovereign entity, there are typically no assets to be seized or cash flows to be attached. Furthermore, the willingness or ability of a sovereign entity to restructure defaulted debt may be limited. Therefore, losses on sovereign defaults may far exceed the losses from the default of a similarly rated U.S. debt issuer.

------

[**Table of Contents**](#JOB_EV_AR_8ce339c8-6385-4390-84ad-2e7fda0e05c8_TOC)

EAIIX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Short Duration Government Income Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img1679a7bf1.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Short Duration Government Income Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_ba025da9-d32f-4c42-b8e1-bda6b1a66367_1)** |  |
| [Items 6 and 7 of Form N-CSR:](#xx_ae040106-7b51-4d7e-a4bf-573e7dad4f3a_1) | [Items 6 and 7 of Form N-CSR:](#xx_ae040106-7b51-4d7e-a4bf-573e7dad4f3a_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_ae040106-7b51-4d7e-a4bf-573e7dad4f3a_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_d30b553e-6409-4acc-934a-bd7a48bed138_1) | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_d30b553e-6409-4acc-934a-bd7a48bed138_3) | 13 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_d30b553e-6409-4acc-934a-bd7a48bed138_4) | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_906005f2-40a6-4539-be95-ca59260afb91_1) | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_40e466bb-8cd4-4a45-88ec-558f78a342c3_1) | 19 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Portfolio of Investments (Unaudited)

------

Collateralized Mortgage Obligations — 53.5%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2135, Class JZ, 6.00%, 3/15/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86 | &nbsp;&nbsp;$87691 |
| &nbsp;&nbsp;&nbsp;Series 3866, Class DF, 5.204%, (30-day SOFR Average + 1.564%), 5/15/41<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1044 | &nbsp;&nbsp;&nbsp;&nbsp; 952805 |
| &nbsp;&nbsp;&nbsp;Series 4102, Class DF, 4.918%, (30-day SOFR Average + 1.264%), 9/15/42<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271 | &nbsp;&nbsp;&nbsp;&nbsp; 270516 |
| &nbsp;&nbsp;&nbsp;Series 4159, Class FP, 4.668%, (30-day SOFR Average + 1.014%), 11/15/42<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611 | &nbsp;&nbsp;&nbsp;&nbsp; 593857 |
| &nbsp;&nbsp;&nbsp;Series 4180, Class KF, 4.768%, (30-day SOFR Average + 1.114%), 1/15/43<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3093 | &nbsp;&nbsp;&nbsp;&nbsp; 3034142 |
| &nbsp;&nbsp;&nbsp;Series 4204, Class AF, 4.768%, (30-day SOFR Average + 1.114%), 5/15/43<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp; 523415 |
| &nbsp;&nbsp;&nbsp;Series 4223, Class NF, 4.718%, (30-day SOFR Average + 1.064%), 7/15/43<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1931 | &nbsp;&nbsp;&nbsp;&nbsp; 1690146 |
| &nbsp;&nbsp;&nbsp;Series 4299, Class JG, 2.50%, 7/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308 | &nbsp;&nbsp;&nbsp;&nbsp; 300402 |
| &nbsp;&nbsp;&nbsp;Series 4389, Class CA, 3.00%, 9/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;1067 | &nbsp;&nbsp;&nbsp;&nbsp; 970079 |
| &nbsp;&nbsp;&nbsp;Series 4619, Class KF, 4.518%, (30-day SOFR Average + 0.864%), 6/15/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710 | &nbsp;&nbsp;&nbsp;&nbsp; 680095 |
| &nbsp;&nbsp;&nbsp;Series 4678, Class PC, 3.00%, 1/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991 | &nbsp;&nbsp;&nbsp;&nbsp; 942099 |
| &nbsp;&nbsp;&nbsp;Series 4995, Class ZN, 2.50%, 7/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;1109 | &nbsp;&nbsp;&nbsp;&nbsp; 618457 |
| &nbsp;&nbsp;&nbsp;Series 5031, Class Z, 2.50%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp; 4159 |
| &nbsp;&nbsp;&nbsp;Series 5037, Class ZQ, 2.00%, 11/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819 | &nbsp;&nbsp;&nbsp;&nbsp; 405182 |
| &nbsp;&nbsp;&nbsp;Series 5038, Class Z, 2.50%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 | &nbsp;&nbsp;&nbsp;&nbsp; 1861 |
| &nbsp;&nbsp;&nbsp;Series 5039, Class ZJ, 2.00%, 11/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376 | &nbsp;&nbsp;&nbsp;&nbsp; 169555 |
| &nbsp;&nbsp;&nbsp;Series 5058, Class Z, 2.00%, 1/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 351746 |
| &nbsp;&nbsp;&nbsp;Series 5071, Class CS, 0.00%, (3.30% - 30-day SOFR Average, Floor 0.00%), 2/25/51<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6990 | &nbsp;&nbsp;&nbsp;&nbsp; 2866049 |
| &nbsp;&nbsp;&nbsp;Series 5071, Class SP, 0.00%, (3.30% - 30-day SOFR Average, Floor 0.00%), 2/25/51<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9615 | &nbsp;&nbsp;&nbsp;&nbsp; 4009506 |
| &nbsp;&nbsp;&nbsp;Series 5083, Class SK, 0.00%, (3.867% - 30-day SOFR Average x 1.333, Floor 0.00%), 3/25/51<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8471 | &nbsp;&nbsp;&nbsp;&nbsp; 3632758 |
| &nbsp;&nbsp;&nbsp;Series 5093, Class Z, 3.00%, 1/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp; 599 |
| &nbsp;&nbsp;&nbsp;Series 5093, Class ZM, 3.00%, 3/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp; 1288 |
| &nbsp;&nbsp;&nbsp;Series 5101, Class EZ, 2.00%, 3/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;2148 | &nbsp;&nbsp;&nbsp;&nbsp; 1252050 |
| &nbsp;&nbsp;&nbsp;Series 5104, Class WZ, 3.00%, 4/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979 | &nbsp;&nbsp;&nbsp;&nbsp; 617029 |
| &nbsp;&nbsp;&nbsp;Series 5114, Class ZH, 3.00%, 5/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp; 266409 |
| &nbsp;&nbsp;&nbsp;Series 5123, Class JZ, 2.00%, 7/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820 | &nbsp;&nbsp;&nbsp;&nbsp; 407633 |
| &nbsp;&nbsp;&nbsp;Series 5129, Class HZ, 1.25%, 4/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;1689 | &nbsp;&nbsp;&nbsp;&nbsp; 692366 |
| &nbsp;&nbsp;&nbsp;Series 5129, Class WZ, 3.00%, 8/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp; 604 |
| &nbsp;&nbsp;&nbsp;Series 5129, Class ZE, 3.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224 | &nbsp;&nbsp;&nbsp;&nbsp; 124821 |
| &nbsp;&nbsp;&nbsp;Series 5129, Class ZH, 3.00%, 7/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp; 635 |
| &nbsp;&nbsp;&nbsp;Series 5129, Class ZW, 3.00%, 8/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp; 424 |
| &nbsp;&nbsp;&nbsp;Series 5159, Class MZ, 3.00%, 11/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;1092 | &nbsp;&nbsp;&nbsp;&nbsp; 682718 |
| &nbsp;&nbsp;&nbsp;Series 5160, Class ZW, 3.00%, 8/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;2916 | &nbsp;&nbsp;&nbsp;&nbsp; 2141969 |
| &nbsp;&nbsp;&nbsp;Series 5169, Class JZ, 3.00%, 1/25/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413 | &nbsp;&nbsp;&nbsp;&nbsp; 196409 |
| &nbsp;&nbsp;&nbsp;Series 5300, Class EY, 6.00%, 12/25/52 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5160482 |
| &nbsp;&nbsp;&nbsp;Series 5327, Class B, 6.00%, 8/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp; 20578436 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 5343, Class CS, 8.565%, (19.50% - 30-day SOFR Average x 3.00), 10/25/53<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;2678 | &nbsp;&nbsp;$2760111 |
| &nbsp;&nbsp;&nbsp;Series 5418, Class FC, 5.045%, (30-day SOFR Average + 1.40%), 6/25/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;23592 | &nbsp;&nbsp;&nbsp;&nbsp; 23791940 |
| &nbsp;&nbsp;&nbsp;Series 5445, Class BT, 0.125%, 8/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;4197 | &nbsp;&nbsp;&nbsp;&nbsp; 3336684 |
| &nbsp;&nbsp;&nbsp;Series 5461, Class Z, 6.50%, 10/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;2105 | &nbsp;&nbsp;&nbsp;&nbsp; 2080161 |
| &nbsp;&nbsp;&nbsp;Series 5478, Class SG, 7.491%, (15.51% - 30-day SOFR Average x 2.20), 12/25/54<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5181 | &nbsp;&nbsp;&nbsp;&nbsp; 5184601 |
| &nbsp;&nbsp;&nbsp;Series 5489, Class S, 7.601%, (15.62% - 30-day SOFR Average x 2.20), 1/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4443 | &nbsp;&nbsp;&nbsp;&nbsp; 4519579 |
| &nbsp;&nbsp;&nbsp;Series 5500, Class SC, 10.065%, (21.00% - 30-day SOFR Average x 3.00), 10/25/54<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;10045 | &nbsp;&nbsp;&nbsp;&nbsp; 10868366 |
| &nbsp;&nbsp;&nbsp;Series 5502, Class FD, 5.245%, (30-day SOFR Average + 1.60%), 2/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;32332 | &nbsp;&nbsp;&nbsp;&nbsp; 32730759 |
| &nbsp;&nbsp;&nbsp;Series 5506, Class Z, 5.50%, 2/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;6071 | &nbsp;&nbsp;&nbsp;&nbsp; 5926459 |
| &nbsp;&nbsp;&nbsp;Series 5508, Class AS, 10.065%, (21.00% - 30-day SOFR Average x 3.00), 2/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9727 | &nbsp;&nbsp;&nbsp;&nbsp; 10579956 |
| &nbsp;&nbsp;&nbsp;Series 5508, Class DS, 10.065%, (21.00% - 30-day SOFR Average x 3.00), 2/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3143 | &nbsp;&nbsp;&nbsp;&nbsp; 3448374 |
| &nbsp;&nbsp;&nbsp;Series 5508, Class SC, 10.065%, (21.00% - 30-day SOFR Average x 3.00), 2/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7479 | &nbsp;&nbsp;&nbsp;&nbsp; 8152980 |
| &nbsp;&nbsp;&nbsp;Series 5511, Class LT, 7.595%, (30-day SOFR Average + 3.95%), 3/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2262 | &nbsp;&nbsp;&nbsp;&nbsp; 2304936 |
| &nbsp;&nbsp;&nbsp;Series 5511, Class TE, 7.595%, (30-day SOFR Average + 3.95%), 3/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1594 | &nbsp;&nbsp;&nbsp;&nbsp; 1633758 |
| &nbsp;&nbsp;&nbsp;Series 5513, Class MQ, 7.595%, (30-day SOFR Average + 3.95%), 6/25/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6732 | &nbsp;&nbsp;&nbsp;&nbsp; 6818191 |
| &nbsp;&nbsp;&nbsp;Series 5516, Class HZ, 6.00%, 3/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;12868 | &nbsp;&nbsp;&nbsp;&nbsp; 13272308 |
| &nbsp;&nbsp;&nbsp;Series 5516, Class MC, 6.945%, (30-day SOFR Average + 3.30%), 3/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5559 | &nbsp;&nbsp;&nbsp;&nbsp; 5631276 |
| &nbsp;&nbsp;&nbsp;Series 5517, Class NA, 7.595%, (30-day SOFR Average + 3.95%), 3/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5830 | &nbsp;&nbsp;&nbsp;&nbsp; 5968619 |
| &nbsp;&nbsp;&nbsp;Series 5517, Class NT, 7.595%, (30-day SOFR Average + 3.95%), 3/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4928 | &nbsp;&nbsp;&nbsp;&nbsp; 5116319 |
| &nbsp;&nbsp;&nbsp;Series 5523, Class ZC, 6.50%, 11/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26 | &nbsp;&nbsp;&nbsp;&nbsp; 26544 |
| &nbsp;&nbsp;&nbsp;Series 5529, Class MA, 7.445%, (30-day SOFR Average + 3.80%), 3/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2043 | &nbsp;&nbsp;&nbsp;&nbsp; 2074920 |
| &nbsp;&nbsp;&nbsp;Series 5549, Class JF, 5.195%, (30-day SOFR Average + 1.55%), 6/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;59143 | &nbsp;&nbsp;&nbsp;&nbsp; 59975539 |
| &nbsp;&nbsp;&nbsp;Series 5563, Class TV, 8.16%, (21.06% - 30-day SOFR Average x 3.00), 8/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4571 | &nbsp;&nbsp;&nbsp;&nbsp; 4708426 |
| &nbsp;&nbsp;&nbsp;Series 5575, Class TA, 8.25%, (21.15% - 30-day SOFR Average x 3.00), 9/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6386 | &nbsp;&nbsp;&nbsp;&nbsp; 6594851 |
| &nbsp;&nbsp;&nbsp;Series 5585, Class KZ, 6.00%, 10/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;3307 | &nbsp;&nbsp;&nbsp;&nbsp; 3299930 |
| &nbsp;&nbsp;&nbsp;Series 5594, Class Z, 6.00%, 11/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;3248 | &nbsp;&nbsp;&nbsp;&nbsp; 3215462 |
| &nbsp;&nbsp;&nbsp;Series 5596, Class FD, 4.945%, (30-day SOFR Average + 1.30%), 11/25/55<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;59152 | &nbsp;&nbsp;&nbsp;&nbsp; 59449027 |
| &nbsp;&nbsp;&nbsp;Series 5604, Class SQ, 10.477%, (30.525% - 30-day SOFR Average x 5.50), 12/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5676 | &nbsp;&nbsp;&nbsp;&nbsp; 5989324 |
| &nbsp;&nbsp;&nbsp;Series 5617, Class EZ, 6.00%, 1/25/56 | &nbsp;&nbsp;&nbsp;&nbsp;7510 | &nbsp;&nbsp;&nbsp;&nbsp; 7482509 |
| &nbsp;&nbsp;&nbsp;Series 5617, Class MZ, 6.00%, 1/25/56 | &nbsp;&nbsp;&nbsp;&nbsp;6851 | &nbsp;&nbsp;&nbsp;&nbsp; 6821540 |
| &nbsp;&nbsp;&nbsp;Series 5620, Class Z, 6.00%, 11/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;2716 | &nbsp;&nbsp;&nbsp;&nbsp; 2705417 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 5628, Class Z, 6.00%, 6/25/55 | $&nbsp;&nbsp;&nbsp;&nbsp;6215 | &nbsp;&nbsp;$6188780 |
| &nbsp;&nbsp;&nbsp;Series 5637, Class Z, 6.00%, 6/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;13942 | &nbsp;&nbsp;&nbsp;&nbsp; 13861073 |
| &nbsp;&nbsp;&nbsp;Series 5639, Class MZ, 6.00%, 3/25/56 | &nbsp;&nbsp;&nbsp;&nbsp;7756 | &nbsp;&nbsp;&nbsp;&nbsp; 7714742 |
| &nbsp;&nbsp;&nbsp;Series 5644, Class SE, 9.184%, (22.55% - 30-day SOFR Average x 3.667), 4/25/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1983 | &nbsp;&nbsp;&nbsp;&nbsp; 2111197 |
| &nbsp;&nbsp;&nbsp;Series 5645, Class ZH, 6.00%, 11/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;6237 | &nbsp;&nbsp;&nbsp;&nbsp; 6227456 |
| &nbsp;&nbsp;&nbsp;Series 5659, Class SD, 8.554%, (18.563% - 30-day SOFR Average x 2.75), 5/25/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6358121 |
| &nbsp;&nbsp;&nbsp;Series 5660, Class SC, 8.531%, (18.563% - 30-day SOFR Average x 2.75), 5/25/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5331034 |
| &nbsp;&nbsp;&nbsp;Series 5662, Class SA, 8.022%, (16.06% - 30-day SOFR Average x 2.20), 5/25/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp; 12541240 |
| Interest Only:<sup>(4)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 354, Class C11, 3.50%, 7/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;6475 | &nbsp;&nbsp;&nbsp;&nbsp; 1162548 |
| &nbsp;&nbsp;&nbsp;Series 354, Class C15, 3.50%, 11/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;6302 | &nbsp;&nbsp;&nbsp;&nbsp; 1173625 |
| &nbsp;&nbsp;&nbsp;Series 362, Class C11, 4.00%, 12/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;3123 | &nbsp;&nbsp;&nbsp;&nbsp; 654176 |
| &nbsp;&nbsp;&nbsp;Series 362, Class C12, 4.00%, 12/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;6393 | &nbsp;&nbsp;&nbsp;&nbsp; 1274952 |
| &nbsp;&nbsp;&nbsp;Series 362, Class C7, 3.50%, 9/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;10701 | &nbsp;&nbsp;&nbsp;&nbsp; 2034199 |
| &nbsp;&nbsp;&nbsp;Series 380, Class C5, 3.50%, 1/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;7572 | &nbsp;&nbsp;&nbsp;&nbsp; 1487050 |
| &nbsp;&nbsp;&nbsp;Series 3030, Class SL, 2.346%, (5.986% - 30-day SOFR Average), 9/15/35<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562 | &nbsp;&nbsp;&nbsp;&nbsp; 33099 |
| &nbsp;&nbsp;&nbsp;Series 3114, Class TS, 2.896%, (6.536% - 30-day SOFR Average), 9/15/30<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361 | &nbsp;&nbsp;&nbsp;&nbsp; 9894 |
| &nbsp;&nbsp;&nbsp;Series 3339, Class JI, 2.836%, (6.476% - 30-day SOFR Average), 7/15/37<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 34058 |
| &nbsp;&nbsp;&nbsp;Series 4094, Class CS, 2.246%, (5.886% - 30-day SOFR Average), 8/15/42<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp; 33126 |
| &nbsp;&nbsp;&nbsp;Series 4109, Class SA, 2.446%, (6.086% - 30-day SOFR Average), 9/15/32<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562 | &nbsp;&nbsp;&nbsp;&nbsp; 29336 |
| &nbsp;&nbsp;&nbsp;Series 4497, Class CS, 2.446%, (6.086% - 30-day SOFR Average), 9/15/44<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84 | &nbsp;&nbsp;&nbsp;&nbsp; 2034 |
| &nbsp;&nbsp;&nbsp;Series 4507, Class EI, 4.00%, 8/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;1564 | &nbsp;&nbsp;&nbsp;&nbsp; 151050 |
| &nbsp;&nbsp;&nbsp;Series 4507, Class MI, 3.50%, 8/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88 | &nbsp;&nbsp;&nbsp;&nbsp; 2077 |
| &nbsp;&nbsp;&nbsp;Series 4549, Class DS, 2.146%, (5.786% - 30-day SOFR Average), 8/15/45<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471 | &nbsp;&nbsp;&nbsp;&nbsp; 25512 |
| &nbsp;&nbsp;&nbsp;Series 4601, Class IN, 3.50%, 7/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;10456 | &nbsp;&nbsp;&nbsp;&nbsp; 1910931 |
| &nbsp;&nbsp;&nbsp;Series 4625, Class BI, 3.50%, 6/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;2058 | &nbsp;&nbsp;&nbsp;&nbsp; 359460 |
| &nbsp;&nbsp;&nbsp;Series 4637, Class IP, 3.50%, 4/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp; 46 |
| &nbsp;&nbsp;&nbsp;Series 4749, Class IL, 4.00%, 12/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724 | &nbsp;&nbsp;&nbsp;&nbsp; 148416 |
| &nbsp;&nbsp;&nbsp;Series 4768, Class IO, 4.00%, 3/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836 | &nbsp;&nbsp;&nbsp;&nbsp; 170837 |
| &nbsp;&nbsp;&nbsp;Series 4768, Class KI, 4.00%, 11/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;1464 | &nbsp;&nbsp;&nbsp;&nbsp; 292006 |
| &nbsp;&nbsp;&nbsp;Series 4772, Class PI, 4.00%, 1/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908 | &nbsp;&nbsp;&nbsp;&nbsp; 181695 |
| &nbsp;&nbsp;&nbsp;Series 4791, Class SA, 2.446%, (6.086% - 30-day SOFR Average), 5/15/48<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3529 | &nbsp;&nbsp;&nbsp;&nbsp; 401929 |
| &nbsp;&nbsp;&nbsp;Series 4796, Class AS, 2.446%, (6.086% - 30-day SOFR Average), 5/15/48<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2235 | &nbsp;&nbsp;&nbsp;&nbsp; 254481 |
| &nbsp;&nbsp;&nbsp;Series 4808, Class IB, 4.00%, 5/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;3513 | &nbsp;&nbsp;&nbsp;&nbsp; 732272 |
| &nbsp;&nbsp;&nbsp;Series 4966, Class SY, 2.29%, (5.936% - 30-day SOFR Average), 4/25/50<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3380 | &nbsp;&nbsp;&nbsp;&nbsp; 407345 |
| &nbsp;&nbsp;&nbsp;Series 5008, Class IE, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;28965 | &nbsp;&nbsp;&nbsp;&nbsp; 3574594 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 5010, Class I, 2.00%, 9/25/50 | $&nbsp;&nbsp;&nbsp;&nbsp;25649 | &nbsp;&nbsp;$3181470 |
| &nbsp;&nbsp;&nbsp;Series 5010, Class IB, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;37795 | &nbsp;&nbsp;&nbsp;&nbsp; 4664322 |
| &nbsp;&nbsp;&nbsp;Series 5010, Class IN, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;42798 | &nbsp;&nbsp;&nbsp;&nbsp; 5271842 |
| &nbsp;&nbsp;&nbsp;Series 5010, Class NI, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;12677 | &nbsp;&nbsp;&nbsp;&nbsp; 1557734 |
| &nbsp;&nbsp;&nbsp;Series 5016, Class UI, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;12094 | &nbsp;&nbsp;&nbsp;&nbsp; 1492583 |
| &nbsp;&nbsp;&nbsp;Series 5017, Class DI, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;25052 | &nbsp;&nbsp;&nbsp;&nbsp; 3091779 |
| &nbsp;&nbsp;&nbsp;Series 5019, Class CI, 2.00%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;20535 | &nbsp;&nbsp;&nbsp;&nbsp; 2569922 |
| &nbsp;&nbsp;&nbsp;Series 5020, Class CI, 2.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;5053 | &nbsp;&nbsp;&nbsp;&nbsp; 608038 |
| &nbsp;&nbsp;&nbsp;Series 5024, Class CI, 2.00%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;50717 | &nbsp;&nbsp;&nbsp;&nbsp; 6241901 |
| &nbsp;&nbsp;&nbsp;Series 5025, Class GI, 2.00%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;8897 | &nbsp;&nbsp;&nbsp;&nbsp; 1113976 |
| &nbsp;&nbsp;&nbsp;Series 5028, Class TI, 2.00%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;10640 | &nbsp;&nbsp;&nbsp;&nbsp; 975183 |
| &nbsp;&nbsp;&nbsp;Series 5038, Class DI, 2.00%, 11/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;62442 | &nbsp;&nbsp;&nbsp;&nbsp; 7668544 |
| &nbsp;&nbsp;&nbsp;Series 5051, Class S, 0.00%, (3.60% - 30-day SOFR Average, Floor 0.00%), 12/25/50<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;25939 | &nbsp;&nbsp;&nbsp;&nbsp; 608230 |
| &nbsp;&nbsp;&nbsp;Series 5156, Class IP, 3.00%, 12/25/49 | &nbsp;&nbsp;&nbsp;&nbsp;19494 | &nbsp;&nbsp;&nbsp;&nbsp; 3036908 |
| &nbsp;&nbsp;&nbsp;Series 5191, Class IB, 2.50%, 2/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;42165 | &nbsp;&nbsp;&nbsp;&nbsp; 6736540 |
| Principal Only:<sup>(5)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 213, Class PO, 0.00%, 6/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441 | &nbsp;&nbsp;&nbsp;&nbsp; 404601 |
| &nbsp;&nbsp;&nbsp;Series 239, Class PO, 0.00%, 8/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;343 | &nbsp;&nbsp;&nbsp;&nbsp; 276789 |
| &nbsp;&nbsp;&nbsp;Series 246, Class PO, 0.00%, 5/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809 | &nbsp;&nbsp;&nbsp;&nbsp; 671223 |
| &nbsp;&nbsp;&nbsp;Series 3072, Class WO, 0.00%, 11/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;263 | &nbsp;&nbsp;&nbsp;&nbsp; 223427 |
| &nbsp;&nbsp;&nbsp;Series 3342, Class KO, 0.00%, 7/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp; 96561 |
| &nbsp;&nbsp;&nbsp;Series 3476, Class PO, 0.00%, 7/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;&nbsp;&nbsp; 88494 |
| &nbsp;&nbsp;&nbsp;Series 3862, Class PO, 0.00%, 5/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp; 252609 |
| &nbsp;&nbsp;&nbsp;Series 4239, Class OU, 0.00%, 7/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;2826 | &nbsp;&nbsp;&nbsp;&nbsp; 1751527 |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;Series G97-4, Class FA, 4.554%, (30-day SOFR Average + 0.914%), 6/17/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | &nbsp;&nbsp;&nbsp;&nbsp; 6918 |
| &nbsp;&nbsp;&nbsp;Series 2009-48, Class WA, 5.771%, 7/25/39<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89 | &nbsp;&nbsp;&nbsp;&nbsp; 90926 |
| &nbsp;&nbsp;&nbsp;Series 2009-62, Class WA, 5.59%, 8/25/39<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 120745 |
| &nbsp;&nbsp;&nbsp;Series 2010-112, Class DZ, 4.00%, 10/25/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236 | &nbsp;&nbsp;&nbsp;&nbsp; 226701 |
| &nbsp;&nbsp;&nbsp;Series 2011-49, Class NT, 6.00%, (64.855% - 30-day SOFR Average x 10.00, Cap 6.00%), 6/25/41<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp; 89329 |
| &nbsp;&nbsp;&nbsp;Series 2012-103, Class ZP, 3.00%, 9/25/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870 | &nbsp;&nbsp;&nbsp;&nbsp; 683901 |
| &nbsp;&nbsp;&nbsp;Series 2012-115, Class MX, 0.00%, (3.329% - 30-day SOFR Average x 1.154, Floor 0.00%), 10/25/42<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;628 | &nbsp;&nbsp;&nbsp;&nbsp; 343770 |
| &nbsp;&nbsp;&nbsp;Series 2012-128, Class WS, 0.24%, (3.886% - 30-day SOFR Average), 11/25/42<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547 | &nbsp;&nbsp;&nbsp;&nbsp; 372594 |
| &nbsp;&nbsp;&nbsp;Series 2012-134, Class ZT, 2.00%, 12/25/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875 | &nbsp;&nbsp;&nbsp;&nbsp; 634668 |
| &nbsp;&nbsp;&nbsp;Series 2013-52, Class GA, 1.00%, 6/25/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492 | &nbsp;&nbsp;&nbsp;&nbsp; 427967 |
| &nbsp;&nbsp;&nbsp;Series 2013-58, Class SC, 0.361%, (5.828% - 30-day SOFR Average x 1.50), 6/25/43<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2651 | &nbsp;&nbsp;&nbsp;&nbsp; 1549324 |
| &nbsp;&nbsp;&nbsp;Series 2013-67, Class NF, 4.76%, (30-day SOFR Average + 1.114%), 7/25/43<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631 | &nbsp;&nbsp;&nbsp;&nbsp; 616170 |
| &nbsp;&nbsp;&nbsp;Series 2014-1, Class HF, 5.00%, (30-day SOFR Average + 1.614%, Cap 5.00%), 6/25/43<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730 | &nbsp;&nbsp;&nbsp;&nbsp; 704912 |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-74, Class SL, 0.141%, (2.282% - 30-day SOFR Average x 0.587), 10/25/45<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;1883 | &nbsp;&nbsp;$1183310 |
| &nbsp;&nbsp;&nbsp;Series 2016-26, Class KS, 0.00%, (5.05% - 30-day SOFR Average x 1.75, Floor 0.00%), 11/25/42<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1603 | &nbsp;&nbsp;&nbsp;&nbsp; 1057921 |
| &nbsp;&nbsp;&nbsp;Series 2017-15, Class LE, 3.00%, 6/25/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 59113 |
| &nbsp;&nbsp;&nbsp;Series 2017-56, Class KF, 4.768%, (30-day SOFR Average + 1.114%), 7/25/47<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561 | &nbsp;&nbsp;&nbsp;&nbsp; 547795 |
| &nbsp;&nbsp;&nbsp;Series 2017-56, Class KS, 1.232%, (4.886% - 30-day SOFR Average), 7/25/47<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314 | &nbsp;&nbsp;&nbsp;&nbsp; 151569 |
| &nbsp;&nbsp;&nbsp;Series 2019-1, Class FA, 4.36%, (30-day SOFR Average + 0.714%), 2/25/49<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4592 | &nbsp;&nbsp;&nbsp;&nbsp; 4554105 |
| &nbsp;&nbsp;&nbsp;Series 2020-63, Class ZN, 3.00%, 9/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp; 190718 |
| &nbsp;&nbsp;&nbsp;Series 2020-86, Class ZP, 2.50%, 12/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;1482 | &nbsp;&nbsp;&nbsp;&nbsp; 742851 |
| &nbsp;&nbsp;&nbsp;Series 2020-95, Class BZ, 2.50%, 1/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 165236 |
| &nbsp;&nbsp;&nbsp;Series 2020-96, Class EZ, 2.50%, 1/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699 | &nbsp;&nbsp;&nbsp;&nbsp; 348291 |
| &nbsp;&nbsp;&nbsp;Series 2020-96, Class KZ, 2.50%, 1/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp; 165863 |
| &nbsp;&nbsp;&nbsp;Series 2021-8, Class NZ, 2.50%, 3/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;1128 | &nbsp;&nbsp;&nbsp;&nbsp; 597259 |
| &nbsp;&nbsp;&nbsp;Series 2021-11, Class KZ, 3.00%, 6/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593 | &nbsp;&nbsp;&nbsp;&nbsp; 373841 |
| &nbsp;&nbsp;&nbsp;Series 2021-22, Class MZ, 3.00%, 4/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;2441 | &nbsp;&nbsp;&nbsp;&nbsp; 1570954 |
| &nbsp;&nbsp;&nbsp;Series 2021-45, Class DZ, 3.00%, 7/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408 | &nbsp;&nbsp;&nbsp;&nbsp; 228974 |
| &nbsp;&nbsp;&nbsp;Series 2021-51, Class EZ, 2.50%, 8/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;1307 | &nbsp;&nbsp;&nbsp;&nbsp; 708471 |
| &nbsp;&nbsp;&nbsp;Series 2021-55, Class ZN, 2.50%, 8/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377 | &nbsp;&nbsp;&nbsp;&nbsp; 199648 |
| &nbsp;&nbsp;&nbsp;Series 2021-59, Class EZ, 2.50%, 9/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;1557 | &nbsp;&nbsp;&nbsp;&nbsp; 859667 |
| &nbsp;&nbsp;&nbsp;Series 2023-12, Class LW, 6.00%, 4/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp; 15458214 |
| &nbsp;&nbsp;&nbsp;Series 2023-13, Class LY, 6.00%, 4/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;9120 | &nbsp;&nbsp;&nbsp;&nbsp; 9400151 |
| &nbsp;&nbsp;&nbsp;Series 2023-14, Class EL, 6.00%, 4/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;23200 | &nbsp;&nbsp;&nbsp;&nbsp; 23966897 |
| &nbsp;&nbsp;&nbsp;Series 2023-61, Class BL, 6.00%, 12/25/53 | &nbsp;&nbsp;&nbsp;&nbsp;4875 | &nbsp;&nbsp;&nbsp;&nbsp; 4990080 |
| &nbsp;&nbsp;&nbsp;Series 2024-21, Class GZ, 6.00%, 5/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;7393 | &nbsp;&nbsp;&nbsp;&nbsp; 7474356 |
| &nbsp;&nbsp;&nbsp;Series 2024-82, Class CF, 4.995%, (30-day SOFR Average + 1.35%), 11/25/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;46911 | &nbsp;&nbsp;&nbsp;&nbsp; 47229100 |
| &nbsp;&nbsp;&nbsp;Series 2024-86, Class FC, 5.045%, (30-day SOFR Average + 1.40%), 12/25/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8981 | &nbsp;&nbsp;&nbsp;&nbsp; 9058096 |
| &nbsp;&nbsp;&nbsp;Series 2024-92, Class JM, 7.595%, (30-day SOFR Average + 3.95%), 12/25/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3052 | &nbsp;&nbsp;&nbsp;&nbsp; 3168321 |
| &nbsp;&nbsp;&nbsp;Series 2024-98, Class S, 7.601%, (15.62% - 30-day SOFR Average x 2.20), 1/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4757 | &nbsp;&nbsp;&nbsp;&nbsp; 4839025 |
| &nbsp;&nbsp;&nbsp;Series 2024-102, Class SA, 7.601%, (15.62% - 30-day SOFR Average x 2.20), 1/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6859 | &nbsp;&nbsp;&nbsp;&nbsp; 6996550 |
| &nbsp;&nbsp;&nbsp;Series 2024-105, Class KT, 0.125%, 1/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;8168 | &nbsp;&nbsp;&nbsp;&nbsp; 6832380 |
| &nbsp;&nbsp;&nbsp;Series 2025-2, Class BZ, 6.00%, 7/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;16165 | &nbsp;&nbsp;&nbsp;&nbsp; 16657310 |
| &nbsp;&nbsp;&nbsp;Series 2025-10, Class AS, 10.215%, (21.15% - 30-day SOFR Average x 3.00), 2/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2794 | &nbsp;&nbsp;&nbsp;&nbsp; 3031397 |
| &nbsp;&nbsp;&nbsp;Series 2025-12, Class FM, 7.645%, (30-day SOFR Average + 4.00%), 3/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4375 | &nbsp;&nbsp;&nbsp;&nbsp; 4494900 |
| &nbsp;&nbsp;&nbsp;Series 2025-15, Class FM, 7.495%, (30-day SOFR Average + 3.85%), 4/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4609 | &nbsp;&nbsp;&nbsp;&nbsp; 4745138 |
| &nbsp;&nbsp;&nbsp;Series 2025-16, Class NA, 6.795%, (30-day SOFR Average + 3.15%), 1/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8312 | &nbsp;&nbsp;&nbsp;&nbsp; 8302442 |
| &nbsp;&nbsp;&nbsp;Series 2025-29, Class MH, 7.695%, (30-day SOFR Average + 4.05%), 2/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3731 | &nbsp;&nbsp;&nbsp;&nbsp; 3827203 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-35, Class FE, 5.095%, (30-day SOFR Average + 1.45%), 5/25/55<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;34853 | &nbsp;&nbsp;$35235241 |
| &nbsp;&nbsp;&nbsp;Series 2025-35, Class MT, 8.645%, (30-day SOFR Average + 5.00%), 5/25/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6971 | &nbsp;&nbsp;&nbsp;&nbsp; 7194533 |
| &nbsp;&nbsp;&nbsp;Series 2025-40, Class SZ, 6.00%, 10/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;3758 | &nbsp;&nbsp;&nbsp;&nbsp; 3753880 |
| &nbsp;&nbsp;&nbsp;Series 2025-85, Class TN, 6.60%, (36.60% - 30-day SOFR Average x 6.00), 10/25/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7986 | &nbsp;&nbsp;&nbsp;&nbsp; 7888260 |
| &nbsp;&nbsp;&nbsp;Series 2025-89, Class UZ, 6.00%, 10/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;4353 | &nbsp;&nbsp;&nbsp;&nbsp; 4343457 |
| &nbsp;&nbsp;&nbsp;Series 2025-89, Class ZU, 6.00%, 10/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;7298 | &nbsp;&nbsp;&nbsp;&nbsp; 7288698 |
| &nbsp;&nbsp;&nbsp;Series 2025-91, Class UZ, 6.00%, 10/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;2591 | &nbsp;&nbsp;&nbsp;&nbsp; 2583067 |
| &nbsp;&nbsp;&nbsp;Series 2025-102, Class ZN, 6.00%, 12/25/55 | &nbsp;&nbsp;&nbsp;&nbsp;6243 | &nbsp;&nbsp;&nbsp;&nbsp; 6203741 |
| &nbsp;&nbsp;&nbsp;Series 2026-1, Class Z, 6.00%, 12/25/54 | &nbsp;&nbsp;&nbsp;&nbsp;5536 | &nbsp;&nbsp;&nbsp;&nbsp; 5522726 |
| &nbsp;&nbsp;&nbsp;Series 2026-34, Class SA, 7.912%, (15.95% - 30-day SOFR Average x 2.20), 5/25/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4142117 |
| Interest Only:<sup>(4)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2004-60, Class SW, 3.29%, (6.936% - 30-day SOFR Average), 4/25/34<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48 | &nbsp;&nbsp;&nbsp;&nbsp; 731 |
| &nbsp;&nbsp;&nbsp;Series 2005-68, Class XI, 6.00%, 8/25/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659 | &nbsp;&nbsp;&nbsp;&nbsp; 82750 |
| &nbsp;&nbsp;&nbsp;Series 2006-65, Class PS, 3.46%, (7.106% - 30-day SOFR Average), 7/25/36<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418 | &nbsp;&nbsp;&nbsp;&nbsp; 41464 |
| &nbsp;&nbsp;&nbsp;Series 2007-99, Class SD, 2.64%, (6.286% - 30-day SOFR Average), 10/25/37<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636 | &nbsp;&nbsp;&nbsp;&nbsp; 42643 |
| &nbsp;&nbsp;&nbsp;Series 2007-102, Class ST, 2.68%, (6.326% - 30-day SOFR Average), 11/25/37<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298 | &nbsp;&nbsp;&nbsp;&nbsp; 17794 |
| &nbsp;&nbsp;&nbsp;Series 2011-59, Class IW, 6.00%, 7/25/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441 | &nbsp;&nbsp;&nbsp;&nbsp; 60208 |
| &nbsp;&nbsp;&nbsp;Series 2012-147, Class SA, 2.34%, (5.986% - 30-day SOFR Average), 1/25/43<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521 | &nbsp;&nbsp;&nbsp;&nbsp; 49391 |
| &nbsp;&nbsp;&nbsp;Series 2014-41, Class SA, 2.29%, (5.936% - 30-day SOFR Average), 7/25/44<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 70050 |
| &nbsp;&nbsp;&nbsp;Series 2014-55, Class IL, 3.50%, 9/25/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464 | &nbsp;&nbsp;&nbsp;&nbsp; 85667 |
| &nbsp;&nbsp;&nbsp;Series 2014-55, Class IN, 3.50%, 7/25/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418 | &nbsp;&nbsp;&nbsp;&nbsp; 75454 |
| &nbsp;&nbsp;&nbsp;Series 2014-89, Class IO, 3.50%, 1/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663 | &nbsp;&nbsp;&nbsp;&nbsp; 122094 |
| &nbsp;&nbsp;&nbsp;Series 2015-22, Class GI, 3.50%, 4/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188 | &nbsp;&nbsp;&nbsp;&nbsp; 33357 |
| &nbsp;&nbsp;&nbsp;Series 2015-31, Class SG, 2.34%, (5.986% - 30-day SOFR Average), 5/25/45<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662 | &nbsp;&nbsp;&nbsp;&nbsp; 92087 |
| &nbsp;&nbsp;&nbsp;Series 2015-36, Class IL, 3.00%, 6/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648 | &nbsp;&nbsp;&nbsp;&nbsp; 90338 |
| &nbsp;&nbsp;&nbsp;Series 2016-61, Class DI, 3.00%, 4/25/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514 | &nbsp;&nbsp;&nbsp;&nbsp; 54543 |
| &nbsp;&nbsp;&nbsp;Series 2018-21, Class IO, 3.00%, 4/25/48 | &nbsp;&nbsp;&nbsp;&nbsp;3129 | &nbsp;&nbsp;&nbsp;&nbsp; 506585 |
| &nbsp;&nbsp;&nbsp;Series 2018-42, Class IA, 3.50%, 6/25/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642 | &nbsp;&nbsp;&nbsp;&nbsp; 82254 |
| &nbsp;&nbsp;&nbsp;Series 2019-1, Class SA, 1.64%, (5.286% - 30-day SOFR Average), 2/25/49<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3210 | &nbsp;&nbsp;&nbsp;&nbsp; 173783 |
| &nbsp;&nbsp;&nbsp;Series 2020-23, Class SP, 2.29%, (5.936% - 30-day SOFR Average), 2/25/50<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9806 | &nbsp;&nbsp;&nbsp;&nbsp; 1189204 |
| &nbsp;&nbsp;&nbsp;Series 2020-45, Class HI, 2.50%, 7/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;5247 | &nbsp;&nbsp;&nbsp;&nbsp; 766903 |
| &nbsp;&nbsp;&nbsp;Series 2020-73, Class NI, 2.00%, 10/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;5509 | &nbsp;&nbsp;&nbsp;&nbsp; 690785 |
| &nbsp;&nbsp;&nbsp;Series 2020-89, Class PI, 2.50%, 12/25/50 | &nbsp;&nbsp;&nbsp;&nbsp;11107 | &nbsp;&nbsp;&nbsp;&nbsp; 1785011 |
| &nbsp;&nbsp;&nbsp;Series 2020-94, Class DI, 2.00%, 1/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;13183 | &nbsp;&nbsp;&nbsp;&nbsp; 1732253 |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class KI, 2.50%, 2/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;23141 | &nbsp;&nbsp;&nbsp;&nbsp; 3407916 |
| &nbsp;&nbsp;&nbsp;Series 2021-3, Class LI, 2.50%, 2/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;21776 | &nbsp;&nbsp;&nbsp;&nbsp; 3142566 |
| &nbsp;&nbsp;&nbsp;Series 2021-10, Class EI, 2.00%, 3/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;10471 | &nbsp;&nbsp;&nbsp;&nbsp; 1406559 |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-34, Class QI, 3.00%, 6/25/51 | $&nbsp;&nbsp;&nbsp;&nbsp;33582 | &nbsp;&nbsp;$5990792 |
| &nbsp;&nbsp;&nbsp;Series 2021-73, Class AI, 2.50%, 6/25/49 | &nbsp;&nbsp;&nbsp;&nbsp;6652 | &nbsp;&nbsp;&nbsp;&nbsp; 911779 |
| &nbsp;&nbsp;&nbsp;Series 2021-94, Class CI, 3.00%, 1/25/52 | &nbsp;&nbsp;&nbsp;&nbsp;8560 | &nbsp;&nbsp;&nbsp;&nbsp; 1423320 |
| &nbsp;&nbsp;&nbsp;Series 2022-6, Class IO, 2.50%, 7/25/51 | &nbsp;&nbsp;&nbsp;&nbsp;26381 | &nbsp;&nbsp;&nbsp;&nbsp; 4218724 |
| Principal Only:<sup>(5)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 379, Class 1, 0.00%, 5/25/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726 | &nbsp;&nbsp;&nbsp;&nbsp; 603879 |
| &nbsp;&nbsp;&nbsp;Series 380, Class 1, 0.00%, 7/25/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177 | &nbsp;&nbsp;&nbsp;&nbsp; 148512 |
| &nbsp;&nbsp;&nbsp;Series 2007-17, Class PO, 0.00%, 3/25/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149 | &nbsp;&nbsp;&nbsp;&nbsp; 119027 |
| &nbsp;&nbsp;&nbsp;Series 2009-82, Class PO, 0.00%, 10/25/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 264636 |
| &nbsp;&nbsp;&nbsp;Series 2012-5, Class PO, 0.00%, 12/25/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227 | &nbsp;&nbsp;&nbsp;&nbsp; 187829 |
| &nbsp;&nbsp;&nbsp;Series 2012-61, Class PO, 0.00%, 8/25/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;947 | &nbsp;&nbsp;&nbsp;&nbsp; 794369 |
| &nbsp;&nbsp;&nbsp;Series 2014-9, Class DO, 0.00%, 2/25/43 | &nbsp;&nbsp;&nbsp;&nbsp;7103 | &nbsp;&nbsp;&nbsp;&nbsp; 5830605 |
| &nbsp;&nbsp;&nbsp;Series 2014-17, Class PO, 0.00%, 4/25/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813 | &nbsp;&nbsp;&nbsp;&nbsp; 590482 |
| Government National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2012-77, Class MT, 4.169%, (1 mo. SOFR + 0.504%), 5/16/41<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227 | &nbsp;&nbsp;&nbsp;&nbsp; 224491 |
| &nbsp;&nbsp;&nbsp;Series 2015-144, Class KB, 3.00%, 8/20/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp; 440042 |
| &nbsp;&nbsp;&nbsp;Series 2016-168, Class JF, 4.779%, (1 mo. SOFR + 1.114%), 11/20/46<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128 | &nbsp;&nbsp;&nbsp;&nbsp; 111818 |
| &nbsp;&nbsp;&nbsp;Series 2017-121, Class DF, 4.276%, (1 mo. SOFR + 0.614%), 8/20/47<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2366 | &nbsp;&nbsp;&nbsp;&nbsp; 2274279 |
| &nbsp;&nbsp;&nbsp;Series 2017-137, Class AF, 4.276%, (1 mo. SOFR + 0.614%), 9/20/47<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1043 | &nbsp;&nbsp;&nbsp;&nbsp; 1002326 |
| &nbsp;&nbsp;&nbsp;Series 2020-76, Class ZL, 2.75%, 5/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334 | &nbsp;&nbsp;&nbsp;&nbsp; 130713 |
| &nbsp;&nbsp;&nbsp;Series 2021-1, Class ZD, 3.00%, 1/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;1710 | &nbsp;&nbsp;&nbsp;&nbsp; 1029023 |
| &nbsp;&nbsp;&nbsp;Series 2021-49, Class VZ, 2.50%, 3/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22 | &nbsp;&nbsp;&nbsp;&nbsp; 10472 |
| &nbsp;&nbsp;&nbsp;Series 2021-77, Class ZG, 3.00%, 7/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382 | &nbsp;&nbsp;&nbsp;&nbsp; 217859 |
| &nbsp;&nbsp;&nbsp;Series 2021-86, Class ZJ, 1.50%, 5/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295 | &nbsp;&nbsp;&nbsp;&nbsp; 115225 |
| &nbsp;&nbsp;&nbsp;Series 2021-105, Class ZH, 1.50%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;1543 | &nbsp;&nbsp;&nbsp;&nbsp; 793207 |
| &nbsp;&nbsp;&nbsp;Series 2021-107, Class GZ, 3.00%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;2598 | &nbsp;&nbsp;&nbsp;&nbsp; 1660698 |
| &nbsp;&nbsp;&nbsp;Series 2021-114, Class JZ, 3.00%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;2228 | &nbsp;&nbsp;&nbsp;&nbsp; 1337565 |
| &nbsp;&nbsp;&nbsp;Series 2021-121, Class ZE, 2.50%, 7/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 65091 |
| &nbsp;&nbsp;&nbsp;Series 2021-131, Class ZN, 3.00%, 7/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;2807 | &nbsp;&nbsp;&nbsp;&nbsp; 1861857 |
| &nbsp;&nbsp;&nbsp;Series 2021-137, Class GZ, 2.50%, 8/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;1324 | &nbsp;&nbsp;&nbsp;&nbsp; 835504 |
| &nbsp;&nbsp;&nbsp;Series 2021-182, Class KZ, 3.00%, 10/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;1434 | &nbsp;&nbsp;&nbsp;&nbsp; 837076 |
| &nbsp;&nbsp;&nbsp;Series 2021-194, Class HZ, 3.00%, 11/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;10042 | &nbsp;&nbsp;&nbsp;&nbsp; 7268114 |
| &nbsp;&nbsp;&nbsp;Series 2021-213, Class NZ, 3.00%, 12/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;8243 | &nbsp;&nbsp;&nbsp;&nbsp; 5849142 |
| &nbsp;&nbsp;&nbsp;Series 2021-214, Class LZ, 3.00%, 12/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;11223 | &nbsp;&nbsp;&nbsp;&nbsp; 8079932 |
| &nbsp;&nbsp;&nbsp;Series 2022-31, Class ZD, 3.00%, 2/20/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;856 | &nbsp;&nbsp;&nbsp;&nbsp; 475509 |
| &nbsp;&nbsp;&nbsp;Series 2022-175, Class SB, 9.386%, (22.733% - 30-day SOFR Average x 3.667), 10/20/52<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1085 | &nbsp;&nbsp;&nbsp;&nbsp; 1113327 |
| &nbsp;&nbsp;&nbsp;Series 2022-189, Class US, 9.386%, (22.733% - 30-day SOFR Average x 3.667), 11/20/52<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8231 | &nbsp;&nbsp;&nbsp;&nbsp; 8892892 |
| &nbsp;&nbsp;&nbsp;Series 2022-195, Class AS, 9.657%, (23.125% - 30-day SOFR Average x 3.70), 11/20/52<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2624 | &nbsp;&nbsp;&nbsp;&nbsp; 2894362 |
| &nbsp;&nbsp;&nbsp;Series 2022-197, Class SW, 7.584%, (16.32% - 30-day SOFR Average x 2.40), 11/20/52<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3625 | &nbsp;&nbsp;&nbsp;&nbsp; 3710647 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-208, Class YF, 4.64%, (30-day SOFR Average + 1.00%), 12/20/52<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;15339 | &nbsp;&nbsp;$15393755 |
| &nbsp;&nbsp;&nbsp;Series 2022-211, Class HF, 4.64%, (30-day SOFR Average + 1.00%), 12/20/52<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;61357 | &nbsp;&nbsp;&nbsp;&nbsp; 61454740 |
| &nbsp;&nbsp;&nbsp;Series 2023-53, Class AL, 5.50%, 4/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;26000 | &nbsp;&nbsp;&nbsp;&nbsp; 26392786 |
| &nbsp;&nbsp;&nbsp;Series 2023-53, Class SE, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 4/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8306 | &nbsp;&nbsp;&nbsp;&nbsp; 8819889 |
| &nbsp;&nbsp;&nbsp;Series 2023-63, Class LB, 6.00%, 5/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10343970 |
| &nbsp;&nbsp;&nbsp;Series 2023-63, Class S, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3965 | &nbsp;&nbsp;&nbsp;&nbsp; 4207713 |
| &nbsp;&nbsp;&nbsp;Series 2023-64, Class LB, 6.00%, 5/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;4079 | &nbsp;&nbsp;&nbsp;&nbsp; 4219272 |
| &nbsp;&nbsp;&nbsp;Series 2023-65, Class G, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8267 | &nbsp;&nbsp;&nbsp;&nbsp; 8874699 |
| &nbsp;&nbsp;&nbsp;Series 2023-65, Class SB, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2264 | &nbsp;&nbsp;&nbsp;&nbsp; 2378970 |
| &nbsp;&nbsp;&nbsp;Series 2023-65, Class SD, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1885 | &nbsp;&nbsp;&nbsp;&nbsp; 2016972 |
| &nbsp;&nbsp;&nbsp;Series 2023-66, Class S, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2485 | &nbsp;&nbsp;&nbsp;&nbsp; 2633782 |
| &nbsp;&nbsp;&nbsp;Series 2023-66, Class SD, 9.203%, (22.55% - 30-day SOFR Average x 3.667), 5/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;994 | &nbsp;&nbsp;&nbsp;&nbsp; 1053513 |
| &nbsp;&nbsp;&nbsp;Series 2023-82, Class AL, 6.00%, 6/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;18360 | &nbsp;&nbsp;&nbsp;&nbsp; 18993158 |
| &nbsp;&nbsp;&nbsp;Series 2023-83, Class GS, 10.855%, (27.60% - 30-day SOFR Average x 4.60), 6/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4234 | &nbsp;&nbsp;&nbsp;&nbsp; 4690793 |
| &nbsp;&nbsp;&nbsp;Series 2023-83, Class S, 9.109%, (22.868% - 30-day SOFR Average x 3.78), 6/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2264 | &nbsp;&nbsp;&nbsp;&nbsp; 2396123 |
| &nbsp;&nbsp;&nbsp;Series 2023-84, Class MW, 6.00%, 6/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;4600 | &nbsp;&nbsp;&nbsp;&nbsp; 4743520 |
| &nbsp;&nbsp;&nbsp;Series 2023-84, Class SN, 9.028%, (22.387% - 30-day SOFR Average x 3.67), 6/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2988 | &nbsp;&nbsp;&nbsp;&nbsp; 3149956 |
| &nbsp;&nbsp;&nbsp;Series 2023-89, Class SD, 8.836%, (22.183% - 30-day SOFR Average x 3.667), 6/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3242 | &nbsp;&nbsp;&nbsp;&nbsp; 3371852 |
| &nbsp;&nbsp;&nbsp;Series 2023-96, Class BL, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5169853 |
| &nbsp;&nbsp;&nbsp;Series 2023-96, Class DB, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;12250 | &nbsp;&nbsp;&nbsp;&nbsp; 12669787 |
| &nbsp;&nbsp;&nbsp;Series 2023-97, Class CB, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;14000 | &nbsp;&nbsp;&nbsp;&nbsp; 14391941 |
| &nbsp;&nbsp;&nbsp;Series 2023-98, Class BW, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;3250 | &nbsp;&nbsp;&nbsp;&nbsp; 3361230 |
| &nbsp;&nbsp;&nbsp;Series 2023-98, Class JB, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;12714 | &nbsp;&nbsp;&nbsp;&nbsp; 13147920 |
| &nbsp;&nbsp;&nbsp;Series 2023-99, Class AL, 6.00%, 7/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;17468 | &nbsp;&nbsp;&nbsp;&nbsp; 18065883 |
| &nbsp;&nbsp;&nbsp;Series 2023-117, Class JB, 6.00%, 8/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;9602 | &nbsp;&nbsp;&nbsp;&nbsp; 9929885 |
| &nbsp;&nbsp;&nbsp;Series 2023-165, Class DY, 6.00%, 11/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;19934 | &nbsp;&nbsp;&nbsp;&nbsp; 20470884 |
| &nbsp;&nbsp;&nbsp;Series 2023-165, Class EY, 6.50%, 11/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;22000 | &nbsp;&nbsp;&nbsp;&nbsp; 22878901 |
| &nbsp;&nbsp;&nbsp;Series 2023-182, Class EL, 6.00%, 12/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7216035 |
| &nbsp;&nbsp;&nbsp;Series 2024-14, Class CY, 5.50%, 1/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp; 15239585 |
| &nbsp;&nbsp;&nbsp;Series 2024-126, Class DY, 5.50%, 8/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;17593 | &nbsp;&nbsp;&nbsp;&nbsp; 17629476 |
| &nbsp;&nbsp;&nbsp;Series 2024-126, Class KY, 6.00%, 8/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3050786 |
| &nbsp;&nbsp;&nbsp;Series 2024-148, Class GB, 6.00%, 9/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;11426 | &nbsp;&nbsp;&nbsp;&nbsp; 11718470 |
| &nbsp;&nbsp;&nbsp;Series 2024-197, Class JY, 6.50%, 12/20/54 | &nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp; 8310692 |
| &nbsp;&nbsp;&nbsp;Series 2025-1, Class BY, 6.50%, 1/20/55 | &nbsp;&nbsp;&nbsp;&nbsp;12500 | &nbsp;&nbsp;&nbsp;&nbsp; 13050065 |
| &nbsp;&nbsp;&nbsp;Series 2025-39, Class CM, 7.54%, (30-day SOFR Average + 3.90%), 3/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5720 | &nbsp;&nbsp;&nbsp;&nbsp; 5808105 |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-39, Class YM, 7.39%, (30-day SOFR Average + 3.75%), 3/20/55<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;1907 | &nbsp;&nbsp;$1901157 |
| &nbsp;&nbsp;&nbsp;Series 2025-41, Class MT, 6.574%, (30-day SOFR Average + 2.933%), 3/20/65<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7949 | &nbsp;&nbsp;&nbsp;&nbsp; 8051613 |
| &nbsp;&nbsp;&nbsp;Series 2025-41, Class NT, 6.574%, (30-day SOFR Average + 2.933%), 3/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9878 | &nbsp;&nbsp;&nbsp;&nbsp; 9962740 |
| &nbsp;&nbsp;&nbsp;Series 2025-62, Class FM, 7.84%, (30-day SOFR Average + 4.20%), 4/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2867 | &nbsp;&nbsp;&nbsp;&nbsp; 2935134 |
| &nbsp;&nbsp;&nbsp;Series 2025-63, Class FT, 8.00%, (26.40% - 30-day SOFR Average x 4.00, Cap 8.00%), 4/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6935 | &nbsp;&nbsp;&nbsp;&nbsp; 7059276 |
| &nbsp;&nbsp;&nbsp;Series 2025-64, Class FM, 7.90%, (30-day SOFR Average + 4.26%), 4/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5998 | &nbsp;&nbsp;&nbsp;&nbsp; 6151526 |
| &nbsp;&nbsp;&nbsp;Series 2025-69, Class VN, 10.00%, (68.667% - 30-day SOFR Average x 13.333, Cap 10.00%), 4/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4932 | &nbsp;&nbsp;&nbsp;&nbsp; 5083464 |
| &nbsp;&nbsp;&nbsp;Series 2025-82, Class FL, 8.14%, (30-day SOFR Average + 4.50%), 5/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2669 | &nbsp;&nbsp;&nbsp;&nbsp; 2725330 |
| &nbsp;&nbsp;&nbsp;Series 2025-83, Class JM, 8.76%, (30-day SOFR Average + 5.12%), 5/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5445 | &nbsp;&nbsp;&nbsp;&nbsp; 5772471 |
| &nbsp;&nbsp;&nbsp;Series 2025-83, Class MU, 7.94%, (30-day SOFR Average + 4.30%), 4/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2471 | &nbsp;&nbsp;&nbsp;&nbsp; 2513208 |
| &nbsp;&nbsp;&nbsp;Series 2025-90, Class MB, 7.94%, (30-day SOFR Average + 4.30%), 5/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4942 | &nbsp;&nbsp;&nbsp;&nbsp; 5026415 |
| &nbsp;&nbsp;&nbsp;Series 2025-98, Class GT, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 6/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;11956 | &nbsp;&nbsp;&nbsp;&nbsp; 12495949 |
| &nbsp;&nbsp;&nbsp;Series 2025-98, Class TE, 8.40%, (25.60% - 30-day SOFR Average x 4.00), 6/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5626 | &nbsp;&nbsp;&nbsp;&nbsp; 5808247 |
| &nbsp;&nbsp;&nbsp;Series 2025-98, Class TK, 8.52%, (25.72% - 30-day SOFR Average x 4.00), 6/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1407 | &nbsp;&nbsp;&nbsp;&nbsp; 1462016 |
| &nbsp;&nbsp;&nbsp;Series 2025-105, Class TA, 8.40%, (25.60% - 30-day SOFR Average x 4.00), 6/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8276 | &nbsp;&nbsp;&nbsp;&nbsp; 8561497 |
| &nbsp;&nbsp;&nbsp;Series 2025-105, Class TM, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 6/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3516 | &nbsp;&nbsp;&nbsp;&nbsp; 3663553 |
| &nbsp;&nbsp;&nbsp;Series 2025-110, Class DT, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 6/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5626 | &nbsp;&nbsp;&nbsp;&nbsp; 5852364 |
| &nbsp;&nbsp;&nbsp;Series 2025-114, Class GT, 8.40%, (21.30% - 30-day SOFR Average x 3.00), 7/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9200 | &nbsp;&nbsp;&nbsp;&nbsp; 9580638 |
| &nbsp;&nbsp;&nbsp;Series 2025-134, Class MC, 10.34%, (30-day SOFR Average + 6.70%), 6/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1910 | &nbsp;&nbsp;&nbsp;&nbsp; 1960014 |
| &nbsp;&nbsp;&nbsp;Series 2025-139, Class MT, 6.94%, (30-day SOFR Average + 3.30%), 4/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7900 | &nbsp;&nbsp;&nbsp;&nbsp; 8033327 |
| &nbsp;&nbsp;&nbsp;Series 2025-155, Class DZ, 6.00%, 9/20/55 | &nbsp;&nbsp;&nbsp;&nbsp;10925 | &nbsp;&nbsp;&nbsp;&nbsp; 10903700 |
| &nbsp;&nbsp;&nbsp;Series 2025-157, Class ZM, 6.00%, 9/20/55 | &nbsp;&nbsp;&nbsp;&nbsp;6028 | &nbsp;&nbsp;&nbsp;&nbsp; 6014757 |
| &nbsp;&nbsp;&nbsp;Series 2025-160, Class Z, 6.00%, 9/20/55 | &nbsp;&nbsp;&nbsp;&nbsp;20857 | &nbsp;&nbsp;&nbsp;&nbsp; 20853291 |
| &nbsp;&nbsp;&nbsp;Series 2025-169, Class Z, 6.00%, 10/20/55 | &nbsp;&nbsp;&nbsp;&nbsp;9737 | &nbsp;&nbsp;&nbsp;&nbsp; 9701627 |
| &nbsp;&nbsp;&nbsp;Series 2025-171, Class XZ, 6.50%, 10/20/65 | &nbsp;&nbsp;&nbsp;&nbsp;1243 | &nbsp;&nbsp;&nbsp;&nbsp; 1241452 |
| &nbsp;&nbsp;&nbsp;Series 2025-178, Class ZN, 6.00%, 10/20/55 | &nbsp;&nbsp;&nbsp;&nbsp;9786 | &nbsp;&nbsp;&nbsp;&nbsp; 9780374 |
| &nbsp;&nbsp;&nbsp;Series 2025-205, Class SP, 9.954%, (29.975% - 30-day SOFR Average x 5.50), 11/20/55<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;19749 | &nbsp;&nbsp;&nbsp;&nbsp; 21127134 |
| &nbsp;&nbsp;&nbsp;Series 2025-205, Class ZG, 6.00%, 10/20/55 | &nbsp;&nbsp;&nbsp;&nbsp;6720 | &nbsp;&nbsp;&nbsp;&nbsp; 6689898 |
| &nbsp;&nbsp;&nbsp;Series 2026-2, Class DZ, 6.00%, 1/20/56 | &nbsp;&nbsp;&nbsp;&nbsp;5506 | &nbsp;&nbsp;&nbsp;&nbsp; 5502251 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2026-5, Class QS, 10.229%, (30.25% - 30-day SOFR Average x 5.50), 1/20/56<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;15362 | &nbsp;&nbsp;$16695315 |
| &nbsp;&nbsp;&nbsp;Series 2026-28, Class PS, 10.229%, (30.25% - 30-day SOFR Average x 5.50), 2/20/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3975 | &nbsp;&nbsp;&nbsp;&nbsp; 4232435 |
| &nbsp;&nbsp;&nbsp;Series 2026-28, Class QS, 9.643%, (22.99% - 30-day SOFR Average x 3.667), 2/20/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1988 | &nbsp;&nbsp;&nbsp;&nbsp; 2086988 |
| &nbsp;&nbsp;&nbsp;Series 2026-28, Class SC, 9.643%, (22.99% - 30-day SOFR Average x 3.667), 2/20/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3975 | &nbsp;&nbsp;&nbsp;&nbsp; 4173975 |
| &nbsp;&nbsp;&nbsp;Series 2026-44, Class LS, 9.57%, (22.917% - 30-day SOFR Average x 3.667), 3/20/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7979 | &nbsp;&nbsp;&nbsp;&nbsp; 8505156 |
| &nbsp;&nbsp;&nbsp;Series 2026-47, Class AS, 9.57%, (22.917% - 30-day SOFR Average x 3.667), 3/20/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7976 | &nbsp;&nbsp;&nbsp;&nbsp; 8483094 |
| &nbsp;&nbsp;&nbsp;Series 2026-47, Class SA, 9.57%, (22.917% - 30-day SOFR Average x 3.667), 3/20/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;14957 | &nbsp;&nbsp;&nbsp;&nbsp; 15938586 |
| &nbsp;&nbsp;&nbsp;Series 2026-63, Class SW, 9.198%, (21.95% - 30-day SOFR Average x 3.50), 4/20/56<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6435886 |
| Interest Only:<sup>(4)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2014-98, Class IM, 1.014%, 1/20/43<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3418 | &nbsp;&nbsp;&nbsp;&nbsp; 111146 |
| &nbsp;&nbsp;&nbsp;Series 2015-151, Class KI, 0.974%, 11/20/42<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3924 | &nbsp;&nbsp;&nbsp;&nbsp; 110442 |
| &nbsp;&nbsp;&nbsp;Series 2017-104, Class SD, 2.425%, (6.086% - 1 mo. SOFR), 7/20/47<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1682 | &nbsp;&nbsp;&nbsp;&nbsp; 191828 |
| &nbsp;&nbsp;&nbsp;Series 2017-121, Class DS, 0.725%, (4.386% - 1 mo. SOFR), 8/20/47<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1924 | &nbsp;&nbsp;&nbsp;&nbsp; 71805 |
| &nbsp;&nbsp;&nbsp;Series 2018-127, Class SG, 2.475%, (6.136% - 1 mo. SOFR), 9/20/48<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4492 | &nbsp;&nbsp;&nbsp;&nbsp; 477646 |
| &nbsp;&nbsp;&nbsp;Series 2019-27, Class SA, 2.275%, (5.936% - 1 mo. SOFR), 2/20/49<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1490 | &nbsp;&nbsp;&nbsp;&nbsp; 151515 |
| &nbsp;&nbsp;&nbsp;Series 2019-38, Class SQ, 2.275%, (5.936% - 1 mo. SOFR), 3/20/49<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4682 | &nbsp;&nbsp;&nbsp;&nbsp; 498534 |
| &nbsp;&nbsp;&nbsp;Series 2019-43, Class BS, 2.275%, (5.936% - 1 mo. SOFR), 4/20/49<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2694 | &nbsp;&nbsp;&nbsp;&nbsp; 272110 |
| &nbsp;&nbsp;&nbsp;Series 2020-97, Class MI, 2.50%, 3/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;4269 | &nbsp;&nbsp;&nbsp;&nbsp; 581113 |
| &nbsp;&nbsp;&nbsp;Series 2020-116, Class MI, 2.00%, 8/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418 | &nbsp;&nbsp;&nbsp;&nbsp; 53043 |
| &nbsp;&nbsp;&nbsp;Series 2020-134, Class IM, 2.50%, 9/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;11903 | &nbsp;&nbsp;&nbsp;&nbsp; 1831344 |
| &nbsp;&nbsp;&nbsp;Series 2020-146, Class IQ, 2.00%, 10/20/50 | 112396 | &nbsp;&nbsp;&nbsp;&nbsp; 13957375 |
| &nbsp;&nbsp;&nbsp;Series 2020-146, Class QI, 2.00%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;33701 | &nbsp;&nbsp;&nbsp;&nbsp; 4137822 |
| &nbsp;&nbsp;&nbsp;Series 2020-151, Class AI, 2.00%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;71530 | &nbsp;&nbsp;&nbsp;&nbsp; 9071596 |
| &nbsp;&nbsp;&nbsp;Series 2020-162, Class BI, 2.00%, 10/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;16294 | &nbsp;&nbsp;&nbsp;&nbsp; 2066427 |
| &nbsp;&nbsp;&nbsp;Series 2020-167, Class KI, 2.00%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;71046 | &nbsp;&nbsp;&nbsp;&nbsp; 8818870 |
| &nbsp;&nbsp;&nbsp;Series 2020-167, Class YI, 2.00%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;86610 | &nbsp;&nbsp;&nbsp;&nbsp; 11005957 |
| &nbsp;&nbsp;&nbsp;Series 2020-173, Class DI, 2.00%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;71136 | &nbsp;&nbsp;&nbsp;&nbsp; 9035605 |
| &nbsp;&nbsp;&nbsp;Series 2020-176, Class AI, 2.00%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;24051 | &nbsp;&nbsp;&nbsp;&nbsp; 3055768 |
| &nbsp;&nbsp;&nbsp;Series 2020-176, Class HI, 2.50%, 11/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;16310 | &nbsp;&nbsp;&nbsp;&nbsp; 2510195 |
| &nbsp;&nbsp;&nbsp;Series 2020-181, Class TI, 2.00%, 12/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;69592 | &nbsp;&nbsp;&nbsp;&nbsp; 8862228 |
| &nbsp;&nbsp;&nbsp;Series 2020-185, Class BI, 2.00%, 12/20/50 | &nbsp;&nbsp;&nbsp;&nbsp;13938 | &nbsp;&nbsp;&nbsp;&nbsp; 1775030 |
| &nbsp;&nbsp;&nbsp;Series 2021-9, Class GI, 2.00%, 1/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;33783 | &nbsp;&nbsp;&nbsp;&nbsp; 4326543 |
| &nbsp;&nbsp;&nbsp;Series 2021-15, Class AI, 2.00%, 1/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;18425 | &nbsp;&nbsp;&nbsp;&nbsp; 2360013 |
| &nbsp;&nbsp;&nbsp;Series 2021-23, Class TI, 2.50%, 2/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;9353 | &nbsp;&nbsp;&nbsp;&nbsp; 1420046 |
| &nbsp;&nbsp;&nbsp;Series 2021-30, Class AI, 2.00%, 2/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;8028 | &nbsp;&nbsp;&nbsp;&nbsp; 1038713 |

---

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-46, Class IM, 2.50%, 3/20/51 | $&nbsp;&nbsp;&nbsp;&nbsp;3802 | &nbsp;&nbsp;$567328 |
| &nbsp;&nbsp;&nbsp;Series 2021-56, Class SD, 0.00%, (2.30% - 30-day SOFR Average, Floor 0.00%), 9/20/50<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;12065 | &nbsp;&nbsp;&nbsp;&nbsp; 63649 |
| &nbsp;&nbsp;&nbsp;Series 2021-56, Class SE, 0.00%, (2.30% - 30-day SOFR Average, Floor 0.00%), 10/20/50<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4432 | &nbsp;&nbsp;&nbsp;&nbsp; 23112 |
| &nbsp;&nbsp;&nbsp;Series 2021-77, Class SB, 0.00%, (3.636% - 1 mo. SOFR, Floor 0.00%), 5/20/51<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;13089 | &nbsp;&nbsp;&nbsp;&nbsp; 309417 |
| &nbsp;&nbsp;&nbsp;Series 2021-77, Class SE, 0.00%, (3.636% - 1 mo. SOFR, Floor 0.00%), 5/20/51<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8042 | &nbsp;&nbsp;&nbsp;&nbsp; 186405 |
| &nbsp;&nbsp;&nbsp;Series 2021-97, Class IG, 2.50%, 8/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;57016 | &nbsp;&nbsp;&nbsp;&nbsp; 6535138 |
| &nbsp;&nbsp;&nbsp;Series 2021-97, Class QI, 3.00%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;12780 | &nbsp;&nbsp;&nbsp;&nbsp; 2191363 |
| &nbsp;&nbsp;&nbsp;Series 2021-98, Class EI, 3.00%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;24896 | &nbsp;&nbsp;&nbsp;&nbsp; 3944763 |
| &nbsp;&nbsp;&nbsp;Series 2021-114, Class MI, 3.00%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;9332 | &nbsp;&nbsp;&nbsp;&nbsp; 1598969 |
| &nbsp;&nbsp;&nbsp;Series 2021-122, Class NI, 3.00%, 7/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;6404 | &nbsp;&nbsp;&nbsp;&nbsp; 1098020 |
| &nbsp;&nbsp;&nbsp;Series 2021-125, Class SA, 0.00%, (3.636% - 1 mo. SOFR, Floor 0.00%), 7/20/51<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;15779 | &nbsp;&nbsp;&nbsp;&nbsp; 347849 |
| &nbsp;&nbsp;&nbsp;Series 2021-131, Class QI, 3.00%, 7/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;22977 | &nbsp;&nbsp;&nbsp;&nbsp; 2986694 |
| &nbsp;&nbsp;&nbsp;Series 2021-140, Class YS, 0.00%, (1.586% - 1 mo. SOFR, Floor 0.00%), 8/20/51<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;18001 | &nbsp;&nbsp;&nbsp;&nbsp; 37172 |
| &nbsp;&nbsp;&nbsp;Series 2021-160, Class DI, 3.00%, 9/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;23815 | &nbsp;&nbsp;&nbsp;&nbsp; 4091082 |
| &nbsp;&nbsp;&nbsp;Series 2021-160, Class IT, 2.50%, 9/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;32755 | &nbsp;&nbsp;&nbsp;&nbsp; 3594518 |
| &nbsp;&nbsp;&nbsp;Series 2021-175, Class AS, 0.00%, (1.686% - 1 mo. SOFR, Floor 0.00%), 10/20/51<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;35764 | &nbsp;&nbsp;&nbsp;&nbsp; 84067 |
| &nbsp;&nbsp;&nbsp;Series 2021-175, Class SB, 0.00%, (1.686% - 1 mo. SOFR, Floor 0.00%), 10/20/51<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;18040 | &nbsp;&nbsp;&nbsp;&nbsp; 42355 |
| &nbsp;&nbsp;&nbsp;Series 2021-193, Class IU, 3.00%, 11/20/49 | &nbsp;&nbsp;&nbsp;&nbsp;49868 | &nbsp;&nbsp;&nbsp;&nbsp; 7103562 |
| &nbsp;&nbsp;&nbsp;Series 2021-193, Class YS, 0.00%, (2.45% - 30-day SOFR Average, Floor 0.00%), 11/20/51<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;40491 | &nbsp;&nbsp;&nbsp;&nbsp; 250986 |
| &nbsp;&nbsp;&nbsp;Series 2021-196, Class GI, 3.00%, 11/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;24557 | &nbsp;&nbsp;&nbsp;&nbsp; 3993264 |
| &nbsp;&nbsp;&nbsp;Series 2021-201, Class PI, 3.00%, 11/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;19505 | &nbsp;&nbsp;&nbsp;&nbsp; 2211301 |
| &nbsp;&nbsp;&nbsp;Series 2021-209, Class IW, 3.00%, 11/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;12938 | &nbsp;&nbsp;&nbsp;&nbsp; 1728192 |
| &nbsp;&nbsp;&nbsp;Series 2022-104, Class IO, 2.50%, 6/20/51 | &nbsp;&nbsp;&nbsp;&nbsp;20444 | &nbsp;&nbsp;&nbsp;&nbsp; 2920792 |
| &nbsp;&nbsp;&nbsp;Series 2022-119, Class CS, 0.00%, (3.00% - 30-day SOFR Average, Floor 0.00%), 7/20/52<sup>(2)</sup> | 155432 | &nbsp;&nbsp;&nbsp;&nbsp; 760496 |
| &nbsp;&nbsp;&nbsp;Series 2022-119, Class SC, 0.00%, (3.00% - 30-day SOFR Average, Floor 0.00%), 7/20/52<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;17270 | &nbsp;&nbsp;&nbsp;&nbsp; 84500 |
| &nbsp;&nbsp;&nbsp;Series 2022-126, Class AS, 0.05%, (3.69% - 30-day SOFR Average), 7/20/52<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;46350 | &nbsp;&nbsp;&nbsp;&nbsp; 537012 |
| &nbsp;&nbsp;&nbsp;Series 2022-126, Class SC, 0.09%, (3.73% - 30-day SOFR Average), 7/20/52<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;34540 | &nbsp;&nbsp;&nbsp;&nbsp; 424377 |
| &nbsp;&nbsp;&nbsp;Series 2022-135, Class SA, 0.00%, (3.00% - 30-day SOFR Average, Floor 0.00%), 6/20/52<sup>(2)</sup> | 100718 | &nbsp;&nbsp;&nbsp;&nbsp; 612539 |
| &nbsp;&nbsp;&nbsp;Series 2023-13, Class SA, 1.76%, (5.40% - 30-day SOFR Average), 1/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6537 | &nbsp;&nbsp;&nbsp;&nbsp; 261141 |
| &nbsp;&nbsp;&nbsp;Series 2023-19, Class SD, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9838 | &nbsp;&nbsp;&nbsp;&nbsp; 659620 |
| &nbsp;&nbsp;&nbsp;Series 2023-20, Class HS, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6765 | &nbsp;&nbsp;&nbsp;&nbsp; 450840 |
| &nbsp;&nbsp;&nbsp;Series 2023-22, Class ES, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9020 | &nbsp;&nbsp;&nbsp;&nbsp; 601120 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interest Only: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-22, Class SA, 2.06%, (5.70% - 30-day SOFR Average), 2/20/53<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;11462 | &nbsp;&nbsp;$550063 |
| &nbsp;&nbsp;&nbsp;Series 2023-24, Class SB, 1.51%, (5.15% - 30-day SOFR Average), 2/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;18041 | &nbsp;&nbsp;&nbsp;&nbsp; 652086 |
| &nbsp;&nbsp;&nbsp;Series 2023-24, Class SG, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9020 | &nbsp;&nbsp;&nbsp;&nbsp; 601120 |
| &nbsp;&nbsp;&nbsp;Series 2023-32, Class SA, 2.66%, (6.30% - 30-day SOFR Average), 2/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;30443 | &nbsp;&nbsp;&nbsp;&nbsp; 2028780 |
| &nbsp;&nbsp;&nbsp;Series 2023-38, Class LS, 2.66%, (6.30% - 30-day SOFR Average), 3/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;13396 | &nbsp;&nbsp;&nbsp;&nbsp; 873730 |
| &nbsp;&nbsp;&nbsp;Series 2023-47, Class HS, 2.66%, (6.30% - 30-day SOFR Average), 3/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4465 | &nbsp;&nbsp;&nbsp;&nbsp; 291243 |
| &nbsp;&nbsp;&nbsp;Series 2023-47, Class SC, 2.61%, (6.25% - 30-day SOFR Average), 3/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6729 | &nbsp;&nbsp;&nbsp;&nbsp; 433457 |
| &nbsp;&nbsp;&nbsp;Series 2023-53, Class SK, 2.56%, (6.20% - 30-day SOFR Average), 4/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;18426 | &nbsp;&nbsp;&nbsp;&nbsp; 1172068 |
| &nbsp;&nbsp;&nbsp;Series 2023-65, Class BS, 2.51%, (6.15% - 30-day SOFR Average), 5/20/53<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;18289 | &nbsp;&nbsp;&nbsp;&nbsp; 948956 |
| &nbsp;&nbsp;&nbsp;Series 2024-64, Class EI, 6.50%, 4/20/64 | &nbsp;&nbsp;&nbsp;&nbsp;4124 | &nbsp;&nbsp;&nbsp;&nbsp; 698568 |
| Principal Only:<sup>(5)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2009-117, Class PO, 0.00%, 12/16/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537 | &nbsp;&nbsp;&nbsp;&nbsp; 421172 |
| &nbsp;&nbsp;&nbsp;Series 2010-88, Class OA, 0.00%, 7/20/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371 | &nbsp;&nbsp;&nbsp;&nbsp; 284508 |
| &nbsp;&nbsp;&nbsp;Series 2015-24, Class KO, 0.00%, 6/20/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261 | &nbsp;&nbsp;&nbsp;&nbsp; 239688 |
| &nbsp;&nbsp;&nbsp;Series 2024-83, Class BO, 0.00%, 6/20/53 | &nbsp;&nbsp;&nbsp;&nbsp;5444 | &nbsp;&nbsp;&nbsp;&nbsp; 4507779 |
| Total Collateralized Mortgage Obligations<br> (identified cost $1,730,157,405) |  | &nbsp;&nbsp;**$1684482552** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Government National Mortgage Association Participation Agreements — 2.9%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association Participation Agreements, 5.399%, 1/1/59<sup>(7)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;91775 | &nbsp;&nbsp;$92219484 |
| Total Government National Mortgage Association Participation Agreements<br> (identified cost $91,775,017) |  | &nbsp;&nbsp;**$92219484** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Department of Agriculture Loans — 1.7%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| USDA Guaranteed Loans: |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, (U.S. (Fed) Prime Rate - 0.50%), 2/16/43<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;$6024774 |
| &nbsp;&nbsp;&nbsp;6.25%, (U.S. (Fed) Prime Rate - 0.50%), 2/16/43<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;14655 | &nbsp;&nbsp;&nbsp;&nbsp; 14715448 |

---

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| USDA Guaranteed Loans: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, (U.S. (Fed) Prime Rate - 0.50%), 2/16/43<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;18851 | &nbsp;&nbsp;$18852785 |
| &nbsp;&nbsp;&nbsp;6.25%, (U.S. (Fed) Prime Rate - 0.50%), 2/16/43<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;13275 | &nbsp;&nbsp;&nbsp;&nbsp; 13276357 |
| Total U.S. Department of Agriculture Loans<br> (identified cost $52,780,794) |  | &nbsp;&nbsp;**$52869364** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Agency Commercial Mortgage-Backed Securities — 0.5%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| FRESB Mortgage Trust: |  |  |
| Interest Only:<sup>(4)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-SB91, Class X1, 0.659%, 8/25/41<sup>(6)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;40429 | &nbsp;&nbsp;$1031546 |
| &nbsp;&nbsp;&nbsp;Series 2021-SB92, Class X1, 0.638%, 8/25/41<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;19890 | &nbsp;&nbsp;&nbsp;&nbsp; 542581 |
| Government National Mortgage Association: |  |  |
| Interest Only:<sup>(4)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021-101, Class IO, 0.664%, 4/16/63<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;49140 | &nbsp;&nbsp;&nbsp;&nbsp; 2377731 |
| &nbsp;&nbsp;&nbsp;Series 2021-132, Class IO, 0.71%, 4/16/63<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;53194 | &nbsp;&nbsp;&nbsp;&nbsp; 2710766 |
| &nbsp;&nbsp;&nbsp;Series 2021-144, Class IO, 0.821%, 4/16/63<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;47921 | &nbsp;&nbsp;&nbsp;&nbsp; 2828825 |
| &nbsp;&nbsp;&nbsp;Series 2021-186, Class IO, 0.763%, 5/16/63<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;42416 | &nbsp;&nbsp;&nbsp;&nbsp; 2309246 |
| &nbsp;&nbsp;&nbsp;Series 2022-3, Class IO, 0.64%, 2/16/61<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;64332 | &nbsp;&nbsp;&nbsp;&nbsp; 2996719 |
| Total U.S. Government Agency Commercial Mortgage-Backed Securities<br> (identified cost $18,250,146) |  | &nbsp;&nbsp;**$14797414** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Agency Mortgage-Backed Securities — 76.8%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;3.89%, (5 yr. CMT + 2.515%), with maturity at 2032<sup>(8)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;$31834 |
| &nbsp;&nbsp;&nbsp;4.226%, (COF + 1.254%), with maturity at 2029<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp; 2190 |
| &nbsp;&nbsp;&nbsp;4.231%, (COF + 1.254%), with maturity at 2035<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31 | &nbsp;&nbsp;&nbsp;&nbsp; 29937 |
| &nbsp;&nbsp;&nbsp;4.40%, (COF + 1.252%), with maturity at 2032<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44 | &nbsp;&nbsp;&nbsp;&nbsp; 43545 |
| &nbsp;&nbsp;&nbsp;4.50%, with maturity at 2035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143 | &nbsp;&nbsp;&nbsp;&nbsp; 141477 |
| &nbsp;&nbsp;&nbsp;4.655%, (COF + 1.25%), with maturity at 2030<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44 | &nbsp;&nbsp;&nbsp;&nbsp; 43095 |
| &nbsp;&nbsp;&nbsp;5.00%, with maturity at 2052 | &nbsp;&nbsp;&nbsp;&nbsp;3859 | &nbsp;&nbsp;&nbsp;&nbsp; 3777661 |
| &nbsp;&nbsp;&nbsp;5.073%, (COF + 2.324%), with maturity at 2037<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp; 69725 |
| &nbsp;&nbsp;&nbsp;5.50%, with various maturities to 2053 | &nbsp;&nbsp;&nbsp;&nbsp;44921 | &nbsp;&nbsp;&nbsp;&nbsp; 45517309 |
| &nbsp;&nbsp;&nbsp;5.755%, (30-day SOFR Average + 2.37%), with maturity at 2052<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436 | &nbsp;&nbsp;&nbsp;&nbsp; 446892 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.815%, (1 yr. CMT + 1.975%), with maturity at 2034<sup>(8)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157 | &nbsp;&nbsp;$161092 |
| &nbsp;&nbsp;&nbsp;6.00%, with various maturities to 2055 | &nbsp;&nbsp;&nbsp;&nbsp;37702 | &nbsp;&nbsp;&nbsp;&nbsp; 38641361 |
| &nbsp;&nbsp;&nbsp;6.027%, (1 yr. CMT + 2.251%), with maturity at 2038<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222 | &nbsp;&nbsp;&nbsp;&nbsp; 228507 |
| &nbsp;&nbsp;&nbsp;6.083%, (1 yr. CMT + 2.238%), with maturity at 2036<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238 | &nbsp;&nbsp;&nbsp;&nbsp; 244546 |
| &nbsp;&nbsp;&nbsp;6.091%, (30-day SOFR Average + 2.148%), with maturity at 2054<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1507 | &nbsp;&nbsp;&nbsp;&nbsp; 1534613 |
| &nbsp;&nbsp;&nbsp;6.199%, (1 yr. CMT + 2.354%), with maturity at 2036<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218 | &nbsp;&nbsp;&nbsp;&nbsp; 224622 |
| &nbsp;&nbsp;&nbsp;6.213%, (1 yr. CMT + 2.251%), with maturity at 2035<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 693193 |
| &nbsp;&nbsp;&nbsp;6.50%, with various maturities to 2055 | &nbsp;&nbsp;&nbsp;&nbsp;71375 | &nbsp;&nbsp;&nbsp;&nbsp; 74169969 |
| &nbsp;&nbsp;&nbsp;7.00%, with maturity at 2033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16 | &nbsp;&nbsp;&nbsp;&nbsp; 16179 |
| Federal National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;3.976%, (COF + 1.25%), with various maturities to 2027<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7 | &nbsp;&nbsp;&nbsp;&nbsp; 6882 |
| &nbsp;&nbsp;&nbsp;3.982%, (COF + 1.254%), with various maturities to 2035<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp;&nbsp;&nbsp; 112789 |
| &nbsp;&nbsp;&nbsp;3.99%, (COF + 1.254%), with various maturities to 2034<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52 | &nbsp;&nbsp;&nbsp;&nbsp; 51843 |
| &nbsp;&nbsp;&nbsp;4.097%, (COF + 1.254%), with maturity at 2034<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37 | &nbsp;&nbsp;&nbsp;&nbsp; 36566 |
| &nbsp;&nbsp;&nbsp;4.099%, (COF + 1.254%), with maturity at 2033<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp; 89757 |
| &nbsp;&nbsp;&nbsp;4.305%, (COF + 1.261%), with maturity at 2036<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp; 49578 |
| &nbsp;&nbsp;&nbsp;4.364%, (COF + 1.332%), with maturity at 2036<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31 | &nbsp;&nbsp;&nbsp;&nbsp; 30782 |
| &nbsp;&nbsp;&nbsp;4.421%, (COF + 1.695%), with maturity at 2029<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 13 |
| &nbsp;&nbsp;&nbsp;4.525%, (COF + 1.799%), with maturity at 2034<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 79382 |
| &nbsp;&nbsp;&nbsp;4.536%, (1 Yr. MTA + 1.15%), with maturity at 2038<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2 | &nbsp;&nbsp;&nbsp;&nbsp; 1590 |
| &nbsp;&nbsp;&nbsp;4.568%, (COF + 1.212%), with maturity at 2037<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp; 11404 |
| &nbsp;&nbsp;&nbsp;4.588%, (COF + 1.852%), with maturity at 2034<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp; 12641 |
| &nbsp;&nbsp;&nbsp;4.605%, (COF + 1.26%), with maturity at 2036<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9 | &nbsp;&nbsp;&nbsp;&nbsp; 9327 |
| &nbsp;&nbsp;&nbsp;4.665%, (COF + 1.504%), with maturity at 2029<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63 | &nbsp;&nbsp;&nbsp;&nbsp; 62580 |
| &nbsp;&nbsp;&nbsp;4.83%, (COF + 1.737%), with maturity at 2035<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106 | &nbsp;&nbsp;&nbsp;&nbsp; 105569 |
| &nbsp;&nbsp;&nbsp;4.974%, (COF + 1.80%), with maturity at 2036<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135 | &nbsp;&nbsp;&nbsp;&nbsp; 134380 |
| &nbsp;&nbsp;&nbsp;4.984%, (COF + 1.792%), with maturity at 2035<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp; 73569 |
| &nbsp;&nbsp;&nbsp;5.00%, with various maturities to 2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999 | &nbsp;&nbsp;&nbsp;&nbsp; 983554 |
| &nbsp;&nbsp;&nbsp;5.045%, (COF + 2.295%), with maturity at 2026<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp; 1276 |
| &nbsp;&nbsp;&nbsp;5.181%, (COF + 1.776%), with maturity at 2034<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18 | &nbsp;&nbsp;&nbsp;&nbsp; 17600 |
| &nbsp;&nbsp;&nbsp;5.50%, with maturity at 2029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 233 |

---

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal National Mortgage Association: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, with various maturities to 2052 | $&nbsp;&nbsp;&nbsp;&nbsp;27021 | &nbsp;&nbsp;$27340079 |
| &nbsp;&nbsp;&nbsp;5.908%, (1 yr. CMT + 2.10%), with maturity at 2040<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93 | &nbsp;&nbsp;&nbsp;&nbsp; 95882 |
| &nbsp;&nbsp;&nbsp;5.939%, (1 yr. CMT + 2.096%), with maturity at 2037<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 226529 |
| &nbsp;&nbsp;&nbsp;5.949%, (30-day SOFR Average + 2.05%), with maturity at 2054<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1743 | &nbsp;&nbsp;&nbsp;&nbsp; 1788820 |
| &nbsp;&nbsp;&nbsp;5.972%, (1 yr. CMT + 2.199%), with maturity at 2039<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484 | &nbsp;&nbsp;&nbsp;&nbsp; 498957 |
| &nbsp;&nbsp;&nbsp;5.981%, (30-day SOFR Average + 2.283%), with maturity at 2054<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1463 | &nbsp;&nbsp;&nbsp;&nbsp; 1503488 |
| &nbsp;&nbsp;&nbsp;6.00%, with various maturities to 2054 | &nbsp;&nbsp;&nbsp;&nbsp;14752 | &nbsp;&nbsp;&nbsp;&nbsp; 15240916 |
| &nbsp;&nbsp;&nbsp;6.037%, (1 yr. CMT + 1.999%), with maturity at 2033<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp; 97930 |
| &nbsp;&nbsp;&nbsp;6.046%, (1 yr. CMT + 2.156%), with maturity at 2036<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86 | &nbsp;&nbsp;&nbsp;&nbsp; 88309 |
| &nbsp;&nbsp;&nbsp;6.05%, (1 yr. RFUCCT + 1.80%), with maturity at 2034<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69 | &nbsp;&nbsp;&nbsp;&nbsp; 71279 |
| &nbsp;&nbsp;&nbsp;6.07%, (1 yr. CMT + 2.195%), with maturity at 2031<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 | &nbsp;&nbsp;&nbsp;&nbsp; 3379 |
| &nbsp;&nbsp;&nbsp;6.155%, (1 yr. RFUCCT + 1.75%), with maturity at 2035<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp; 256137 |
| &nbsp;&nbsp;&nbsp;6.228%, (1 yr. CMT + 2.247%), with maturity at 2033<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573 | &nbsp;&nbsp;&nbsp;&nbsp; 589707 |
| &nbsp;&nbsp;&nbsp;6.292%, (1 yr. CMT + 2.595%), with maturity at 2038<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233 | &nbsp;&nbsp;&nbsp;&nbsp; 241853 |
| &nbsp;&nbsp;&nbsp;6.351%, (COF + 2.004%), with maturity at 2032<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp; 11627 |
| &nbsp;&nbsp;&nbsp;6.50%, with various maturities to 2055 | &nbsp;&nbsp;&nbsp;&nbsp;36945 | &nbsp;&nbsp;&nbsp;&nbsp; 38454111 |
| &nbsp;&nbsp;&nbsp;7.00%, with maturity at 2054 | &nbsp;&nbsp;&nbsp;&nbsp;1084 | &nbsp;&nbsp;&nbsp;&nbsp; 1138852 |
| &nbsp;&nbsp;&nbsp;7.50%, with maturity at 2054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258 | &nbsp;&nbsp;&nbsp;&nbsp; 271047 |
| Government National Mortgage Association: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 30-Year, TBA<sup>(10)</sup> | 100000 | &nbsp;&nbsp;&nbsp;&nbsp; 99104820 |
| &nbsp;&nbsp;&nbsp;5.00%, with various maturities to 2052 | &nbsp;&nbsp;&nbsp;&nbsp;71387 | &nbsp;&nbsp;&nbsp;&nbsp; 71621627 |
| &nbsp;&nbsp;&nbsp;5.125%, (1 yr. CMT + 1.50%), with various maturities to 2027<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 15209 |
| &nbsp;&nbsp;&nbsp;5.50%, with various maturities to 2062 | &nbsp;&nbsp;&nbsp;&nbsp;87556 | &nbsp;&nbsp;&nbsp;&nbsp; 89668793 |
| &nbsp;&nbsp;&nbsp;6.00%, with various maturities to 2066 | 111833 | &nbsp;&nbsp;&nbsp;&nbsp; 115891101 |
| &nbsp;&nbsp;&nbsp;6.50%, with various maturities to 2066 | 676398 | &nbsp;&nbsp;&nbsp;&nbsp; 707388434 |
| &nbsp;&nbsp;&nbsp;7.00%, with various maturities to 2065 | &nbsp;&nbsp;&nbsp;&nbsp;86223 | &nbsp;&nbsp;&nbsp;&nbsp; 88522679 |
| &nbsp;&nbsp;&nbsp;7.50%, with various maturities to 2064 | &nbsp;&nbsp;&nbsp;&nbsp;7445 | &nbsp;&nbsp;&nbsp;&nbsp; 7717691 |
| Uniform Mortgage-Backed Security: |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 30-Year, TBA<sup>(10)</sup> | 177500 | &nbsp;&nbsp;&nbsp;&nbsp; 155515603 |
| &nbsp;&nbsp;&nbsp;5.50%, 30-Year, TBA<sup>(10)</sup> | 315200 | &nbsp;&nbsp;&nbsp;&nbsp; 316853982 |
| &nbsp;&nbsp;&nbsp;6.00%, 30-Year, TBA<sup>(10)</sup> | 402275 | &nbsp;&nbsp;&nbsp;&nbsp; 410643842 |
| &nbsp;&nbsp;&nbsp;6.50%, 30-Year, TBA<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;92900 | &nbsp;&nbsp;&nbsp;&nbsp; 96409153 |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (identified cost $2,406,134,031) |  | &nbsp;&nbsp;**$2415160898** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Guaranteed Small Business Administration Pools & Loans — 0.7%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;5.75%, (U.S. (Fed) Prime Rate - 1.00%), 4/25/44<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;9564 | &nbsp;&nbsp;$10094468 |
| &nbsp;&nbsp;&nbsp;6.075%, (U.S. (Fed) Prime Rate - 0.675%), 2/25/44<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5487 | &nbsp;&nbsp;&nbsp;&nbsp; 5813630 |
| SBA IO Trust: |  |  |
| Interest Only:<sup>(11)(12)(13)</sup> |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-5, Class A, 2.071%, 6/27/44 | &nbsp;&nbsp;&nbsp;&nbsp;32605 | &nbsp;&nbsp;&nbsp;&nbsp; 1260888 |
| &nbsp;&nbsp;&nbsp;Series 2019-1, Class A, 2.424%, 9/25/45 | &nbsp;&nbsp;&nbsp;&nbsp;97459 | &nbsp;&nbsp;&nbsp;&nbsp; 4914172 |
| Total U.S. Government Guaranteed Small Business Administration Pools & Loans<br> (identified cost $52,360,487) |  | &nbsp;&nbsp;**$22083158** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(14)</sup> | 210904 | &nbsp;&nbsp;$210904 |
| Total Short-Term Investments<br> (identified cost $210,904) |  | &nbsp;&nbsp;**$210904** |
| Total Investments — 136.1%<br> (identified cost $4,351,668,784) |  | &nbsp;&nbsp;**$4281823774** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| TBA Sale Commitments — (5.0)% |
| U.S. Government Agency Mortgage-Backed Securities — (5.0)% |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association, 3.00%, 30-Year, TBA<sup>(10)</sup> | $(177500) | &nbsp;&nbsp;$(158009666) |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (proceeds $159,370,813) |  | &nbsp;&nbsp;**$(158009666)** |
| Total TBA Sale Commitments<br> (proceeds $159,370,813) |  | &nbsp;&nbsp;**$(158009666)** |
| Other Assets, Less Liabilities — (31.1)% |  | &nbsp;&nbsp;**$(977447202)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$3146366906** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026. |
| <sup>(2)</sup> | Inverse floating-rate security whose coupon varies inversely with changes in the interest rate index. The stated interest rate represents the coupon rate in effect at April 30, 2026. |
| <sup>(3)</sup> | Security (or a portion thereof) has been pledged for the benefit of the counterparty for reverse repurchase agreements. |
| <sup>(4)</sup> | Interest only security that entitles the holder to receive only interest payments on the underlying mortgages. Principal amount shown is the notional amount of the underlying mortgages on which coupon interest is calculated. |
| <sup>(5)</sup> | Principal only security that entitles the holder to receive only principal payments on the underlying mortgages. |
| <sup>(6)</sup> | Weighted average fixed-rate coupon that changes/updates monthly. Rate shown is the rate at April 30, 2026. |
| <sup>(7)</sup> | Represents a participation interest, through a participation agreement with a financial institution, in mortgage loans guaranteed by Government National Mortgage Association. |
| <sup>(8)</sup> | Adjustable rate mortgage security whose interest rate generally adjusts monthly based on a weighted average of interest rates on the underlying mortgages. The coupon rate may not reflect the applicable index value as interest rates on the underlying mortgages may adjust on various dates and at various intervals and may be subject to lifetime ceilings and lifetime floors and lookback periods. Rate shown is the coupon rate at April 30, 2026. |

---

<sup>(9)</sup> Principal amount is less than $500.

<sup>(10)</sup> TBA (To Be Announced) securities are purchased or sold on a forward commitment basis with an approximate principal amount and maturity date. The actual principal amount, which is not expected to differ significantly from the commitment amount, and maturity date are determined upon settlement.

<sup>(11)</sup> Interest only security that entitles the holder to receive only a portion of the interest payments on the underlying loans. Principal amount shown is the notional amount of the underlying loans on which coupon interest is calculated.

<sup>(12)</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 April 30, 2026, the aggregate value of these securities is $6,175,060 or 0.2% of the Fund's net assets.

<sup>(13)</sup> The stated interest rate represents the weighted average fixed interest rate at April 30, 2026, of all interest only securities comprising the trust.

<sup>(14)</sup> May be deemed to be an affiliated investment company (see Note 11). The rate shown is the annualized seven-day yield as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Interest Rate Futures** |  |  |  |  |  |
| U.S. Ultra-Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;(1053) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;$(121127906) | &nbsp;&nbsp;&nbsp;&nbsp;$3518150 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$3518150** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Fund<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | 120000 | Receives | SOFR<br> (pays quarterly) | 2.01%<br> (pays semi-annually) | 2/16/52 | $47629892 | $— | $47629892 |
| **Total** |  |  |  |  |  | **$47629892** | **$—** | **$47629892** |

---

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| CMT | – Constant Maturity Treasury |
| COF | – Cost of Funds 11th District |
| MTA | – Monthly Treasury Average |
| RFUCCT | – FTSE USD IBOR Consumer Cash Fallbacks Term |
| SOFR | – Secured Overnight Financing Rate |
| TBA | – To Be Announced |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| USD | – United States Dollar |

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $4,351,457,880) | &nbsp;&nbsp;$4281612870 |
| Affiliated investments, at value (identified cost $210,904) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210904 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9318288 |
| Deposits for forward purchase commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3346000 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5422950 |
| &nbsp;&nbsp;&nbsp;Centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7708618 |
| Interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18695487 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282737 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;931693329 |
| Receivable for TBA sale commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159370813 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2129953 |
| Receivable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 |
| Receivable for variation margin on open centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42641 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119136 |
| **Total assets** | &nbsp;&nbsp;**$5419953768** |
| Liabilities |  |
| Cash collateral due to brokers | &nbsp;&nbsp;$2026000 |
| Payable for reverse repurchase agreements, including accrued interest of $28,892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89387253 |
| Payable for forward commitment securities | &nbsp;&nbsp;&nbsp;&nbsp;2012534352 |
| TBA sale commitments, at value (proceeds receivable $159,370,813) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158009666 |
| Payable for Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7207392 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2214733 |
| 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;1222189 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120569 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12645 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9222 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119136 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;723705 |
| **Total liabilities** | &nbsp;&nbsp;**$2273586862** |
| **Net Assets** | &nbsp;&nbsp;**$3146366906** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$3888889116 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(742522210) |
| **Net Assets** | &nbsp;&nbsp;**$3146366906** |
| Advisers Class Shares |  |
| **Net Assets** | &nbsp;&nbsp;$144757931 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19892776 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.28 |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$350752798 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48158962 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.28 |
| **Maximum Offering Price Per Share<br> (100 ÷ 97.75 of net asset value per share)** | &nbsp;&nbsp;$7.45 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited) — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$26093200 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3577097 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.29 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$2624762977 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360756430 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$7.28 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income from affiliated investments | &nbsp;&nbsp;$1459271 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81195741 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1026 |
| **Total investment income** | &nbsp;&nbsp;**$82656038** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$7109012 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148479 |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440217 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114284 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54431 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327110 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;747860 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158488 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258226 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101787 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408719 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59697 |
| **Total expenses** | &nbsp;&nbsp;**$9928310** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$56340 |
| **Total expense reductions** | &nbsp;&nbsp;**$56340** |
| **Net expenses** | &nbsp;&nbsp;**$9871970** |
| **Net investment income** | &nbsp;&nbsp;**$72784068** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(14486817) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4628550) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1386382 |
| **Net realized loss** | &nbsp;&nbsp;**$(17728985)** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$2005783 |
| &nbsp;&nbsp;&nbsp;TBA sale commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(259552) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6552499 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2845612 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$11144342** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(6584643)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$66199425** |

---

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$72784068 | &nbsp;&nbsp;$125952287 |
| &nbsp;&nbsp;&nbsp;Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17728985) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16745986) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11144342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90232271 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$66199425** | &nbsp;&nbsp;**$199438572** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;$(3150274) | &nbsp;&nbsp;$(4308575) |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9332160) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18602888) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(631904) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1389294) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68323475) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(115720372) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(81437813)** | &nbsp;&nbsp;**$(140021129)** |
| Tax return of capital to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(386789) |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1603457) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(117112) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10085553) |
| **Total tax return of capital to shareholders** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(12192911)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;$44058433 | &nbsp;&nbsp;$34974363 |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7285350) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18683704) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1747095) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6973562) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339673584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180138724 |
| **Net increase in net assets from Fund share transactions** | &nbsp;&nbsp;**$374699572** | &nbsp;&nbsp;**$189455821** |
| **Net increase in net assets** | &nbsp;&nbsp;**$359461184** | &nbsp;&nbsp;**$236680353** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$2786905722 | &nbsp;&nbsp;$2550225369 |
| **At end of period** | &nbsp;&nbsp;**$3146366906** | &nbsp;&nbsp;**$2786905722** |

---

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Period Ended<br> October 31,**  |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021<sup>(1)</sup>** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$7.31 | &nbsp;&nbsp;$7.18 | &nbsp;&nbsp;$7.17 | &nbsp;&nbsp;$7.61 | &nbsp;&nbsp;$7.99 | &nbsp;&nbsp;$8.10 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(2)</sup> | &nbsp;&nbsp;$0.17 | &nbsp;&nbsp;$0.33 | &nbsp;&nbsp;$0.30 | &nbsp;&nbsp;$0.30 | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$0.03 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.35) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.09) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.16** | &nbsp;&nbsp;**$0.53** | &nbsp;&nbsp;**$0.47** | &nbsp;&nbsp;**$(0.07)** | &nbsp;&nbsp;**$(0.22)** | &nbsp;&nbsp;**$(0.06)** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.19) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.43) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.14) | &nbsp;&nbsp;$(0.05) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(3)</sup> |
| **Total distributions** | &nbsp;&nbsp;**$(0.19)** | &nbsp;&nbsp;**$(0.40)** | &nbsp;&nbsp;**$(0.46)** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$(0.16)** | &nbsp;&nbsp;**$(0.05)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.28** | &nbsp;&nbsp;**$7.31** | &nbsp;&nbsp;**$7.18** | &nbsp;&nbsp;**$7.17** | &nbsp;&nbsp;**$7.61** | &nbsp;&nbsp;**$7.99** |
| **Total Return<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.24%<sup>(5)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.61%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.64%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.92)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.73)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.70)%<sup>(5)</sup>** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$144758 | &nbsp;&nbsp;$101389 | &nbsp;&nbsp;$64940 | &nbsp;&nbsp;$72272 | &nbsp;&nbsp;$201056 | &nbsp;&nbsp;$276067 |
| Ratios (as a percentage of average daily net assets):<sup>(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.79%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%<sup>(7)</sup> |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87%<sup>(7)(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.79%<sup>(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75%<sup>(7)</sup> |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.71%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.08% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.08% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(7)</sup> |
| Portfolio Turnover<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310%<sup>(11)</sup> |

---

<sup>(1)</sup> For the period from the commencement of operations, May 17, 2021, to October 31, 2021.

<sup>(2)</sup> Computed using average shares outstanding.

<sup>(3)</sup> Amount is less than $(0.005).

<sup>(4)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(5)</sup> Not annualized.

<sup>(6)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes interest expense, including on reverse repurchase agreements, of 0.03%, 0.05%, 0.55%, 0.20% and 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively.

<sup>(9)</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%, less than 0.005%, less than 0.005%, less than 0.005% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(10)</sup> Includes the effect of To Be Announced (TBA) transactions.

<sup>(11)</sup> For the year ended October 31, 2021.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Financial Highlights — continued

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$7.32 | &nbsp;&nbsp;$7.19 | &nbsp;&nbsp;$7.17 | &nbsp;&nbsp;$7.61 | &nbsp;&nbsp;$8.00 | &nbsp;&nbsp;$8.12 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.17 | &nbsp;&nbsp;$0.33 | &nbsp;&nbsp;$0.30 | &nbsp;&nbsp;$0.30 | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$0.07 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.15** | &nbsp;&nbsp;**$0.54** | &nbsp;&nbsp;**$0.48** | &nbsp;&nbsp;**$(0.07)** | &nbsp;&nbsp;**$(0.23)** | &nbsp;&nbsp;**$0.00** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.19) | &nbsp;&nbsp;$(0.38) | &nbsp;&nbsp;$(0.43) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.14) | &nbsp;&nbsp;$(0.11) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) |
| **Total distributions** | &nbsp;&nbsp;**$(0.19)** | &nbsp;&nbsp;**$(0.41)** | &nbsp;&nbsp;**$(0.46)** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$(0.16)** | &nbsp;&nbsp;**$(0.12)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.28** | &nbsp;&nbsp;**$7.32** | &nbsp;&nbsp;**$7.19** | &nbsp;&nbsp;**$7.17** | &nbsp;&nbsp;**$7.61** | &nbsp;&nbsp;**$8.00** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.10%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.62%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.80%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.92)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.85)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.01)%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$350753 | &nbsp;&nbsp;$359751 | &nbsp;&nbsp;$371893 | &nbsp;&nbsp;$465670 | &nbsp;&nbsp;$879760 | &nbsp;&nbsp;$2018166 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.79%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87%<sup>(5)(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.79%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.71%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.57% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.08% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.61% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89% |
| Portfolio Turnover<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</sup> Includes interest expense, including on reverse repurchase agreements, of 0.03%, 0.05%, 0.55%, 0.20% and 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively.

<sup>(7)</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%, less than 0.005%, less than 0.005%, less than 0.005% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(8)</sup> Includes the effect of To Be Announced (TBA) transactions.

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$7.33 | &nbsp;&nbsp;$7.20 | &nbsp;&nbsp;$7.18 | &nbsp;&nbsp;$7.62 | &nbsp;&nbsp;$8.01 | &nbsp;&nbsp;$8.13 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.15 | &nbsp;&nbsp;$0.29 | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.09 | &nbsp;&nbsp;$0.02 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.13** | &nbsp;&nbsp;**$0.49** | &nbsp;&nbsp;**$0.43** | &nbsp;&nbsp;**$(0.11)** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.05)** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.17) | &nbsp;&nbsp;$(0.33) | &nbsp;&nbsp;$(0.38) | &nbsp;&nbsp;$(0.33) | &nbsp;&nbsp;$(0.11) | &nbsp;&nbsp;$(0.07) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(2)</sup> |
| **Total distributions** | &nbsp;&nbsp;**$(0.17)** | &nbsp;&nbsp;**$(0.36)** | &nbsp;&nbsp;**$(0.41)** | &nbsp;&nbsp;**$(0.33)** | &nbsp;&nbsp;**$(0.12)** | &nbsp;&nbsp;**$(0.07)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.29** | &nbsp;&nbsp;**$7.33** | &nbsp;&nbsp;**$7.20** | &nbsp;&nbsp;**$7.18** | &nbsp;&nbsp;**$7.62** | &nbsp;&nbsp;**$8.01** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.80%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.98%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.14%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.51)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.43)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.60)%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$26093 | &nbsp;&nbsp;$27967 | &nbsp;&nbsp;$34387 | &nbsp;&nbsp;$46203 | &nbsp;&nbsp;$72212 | &nbsp;&nbsp;$103518 |
| Ratios (as a percentage of average daily net assets):<sup>(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.47%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.49%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.62%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.39%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.37% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.47%<sup>(6)(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.49%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.62%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.39%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.37% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.11%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.48% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.47% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30% |
| Portfolio Turnover<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310% |

---

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

<sup>(2)</sup> Amount is less than $(0.005).

<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> Not annualized.

<sup>(5)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes interest expense, including on reverse repurchase agreements, of 0.03%, 0.05%, 0.55%, 0.20% and 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively.

<sup>(8)</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%, less than 0.005%, less than 0.005%, less than 0.005% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(9)</sup> Includes the effect of To Be Announced (TBA) transactions.

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$7.31 | &nbsp;&nbsp;$7.18 | &nbsp;&nbsp;$7.16 | &nbsp;&nbsp;$7.60 | &nbsp;&nbsp;$7.99 | &nbsp;&nbsp;$8.11 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.18 | &nbsp;&nbsp;$0.35 | &nbsp;&nbsp;$0.31 | &nbsp;&nbsp;$0.32 | &nbsp;&nbsp;$0.15 | &nbsp;&nbsp;$0.09 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.17** | &nbsp;&nbsp;**$0.55** | &nbsp;&nbsp;**$0.50** | &nbsp;&nbsp;**$(0.05)** | &nbsp;&nbsp;**$(0.21)** | &nbsp;&nbsp;**$0.02** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.20) | &nbsp;&nbsp;$(0.39) | &nbsp;&nbsp;$(0.45) | &nbsp;&nbsp;$(0.39) | &nbsp;&nbsp;$(0.16) | &nbsp;&nbsp;$(0.13) |
| Tax return of capital | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) |
| **Total distributions** | &nbsp;&nbsp;**$(0.20)** | &nbsp;&nbsp;**$(0.42)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.18)** | &nbsp;&nbsp;**$(0.14)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$7.28** | &nbsp;&nbsp;**$7.31** | &nbsp;&nbsp;**$7.18** | &nbsp;&nbsp;**$7.16** | &nbsp;&nbsp;**$7.60** | &nbsp;&nbsp;**$7.99** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.36%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.88%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.05%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.81)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.49)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.24%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$2624763 | &nbsp;&nbsp;$2297799 | &nbsp;&nbsp;$2079005 | &nbsp;&nbsp;$2465050 | &nbsp;&nbsp;$4738534 | &nbsp;&nbsp;$7682437 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.62%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.52% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.62%<sup>(5)(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;4.96%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.32% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15% |
| Portfolio Turnover<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;362%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;798% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</sup> Includes interest expense, including on reverse repurchase agreements, of 0.03%, 0.05%, 0.55%, 0.20% and 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively.

<sup>(7)</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%, less than 0.005%, less than 0.005%, less than 0.005% and less than 0.01% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(8)</sup> Includes the effect of To Be Announced (TBA) transactions.

*18*

*See Notes to Financial Statements.*

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[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Short Duration Government Income 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 total return. The Fund offers four classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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. Advisers Class and Class I 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 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. Net investment income, other than class-specific expenses, is allocated daily to each class of shares based upon the ratio of the value of each class's paid shares to the total value of all paid 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.

**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. Futures contracts are valued at the closing settlement price established by the board of trade or exchange on which they are traded. Swaps are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.**

**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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities.

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.

As of April 30, 2026, 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.

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[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — 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 Futures Contracts —Upon entering into a futures contract, the Fund is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Fund each business day, depending on the daily fluctuations in the value of the underlying security, and are recorded as unrealized gains or losses by the Fund. Gains (losses) are realized upon the expiration or closing of the futures contracts. Should market conditions change unexpectedly, the Fund may not achieve the anticipated benefits of the futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

I Interest Rate Swaps—Swap contracts are privately negotiated agreements between the Fund and a counterparty. Certain swap contracts may be centrally cleared ("centrally cleared swaps"), whereby all payments made or received by the Fund pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared swaps, the Fund is required to deposit with the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. Pursuant to interest rate swap agreements, the Fund either makes floating-rate payments to the counterparty (or CCP in the case of centrally cleared swaps) based on a benchmark interest rate in exchange for fixed-rate payments or the Fund makes fixed-rate payments to the counterparty (or CCP in the case of a centrally cleared swap) in exchange for payments on a floating benchmark interest rate. Payments received or made, including amortization of upfront payments/receipts, if any (which are amortized over the life of the swap contract), are recorded as realized gains or losses. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains or losses. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. The value of the swap is determined by changes in the relationship between two rates of interest. The Fund is exposed to credit loss in the event of non-performance by the swap counterparty. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP. Risk may also arise from movements in interest rates.

J Swaptions—A purchased swaption contract grants the Fund, in return for payment of the purchase price, the right, but not the obligation, to enter into a new swap agreement or to shorten, extend, cancel or otherwise modify an existing swap agreement, at some designated future time on specified terms. When the Fund purchases a swaption, the premium paid to the writer is recorded as an investment and subsequently marked-to-market to reflect the current value of the swaption. A written swaption gives the Fund the obligation, if exercised by the purchaser, to enter into a swap contract according to the terms of the underlying agreement. When the Fund writes a swaption, the premium received by the Fund is recorded as a liability and subsequently marked-to-market to reflect the current value of the swaption. When a swaption is exercised, the cost of the swap is adjusted by the amount of the premium paid or received. When a swaption expires or an unexercised swaption is closed, a gain or loss is recognized in the amount of the premium paid or received, plus the cost to close. The Fund's risk for purchased swaptions is limited to the premium paid. The writer of a swaption bears the risk of unfavorable changes in the preset terms of the underlying swap contract. Purchased swaptions traded over-the-counter involve risk that the issuer or counterparty will fail to perform its contractual obligations.

K When-Issued Securities and Delayed Delivery Transactions—The Fund may purchase securities on a delayed delivery, when-issued or forward commitment basis, including TBA (To Be Announced) securities. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. Securities purchased on a delayed delivery, when-issued or forward commitment basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract. A forward purchase commitment may also be closed by entering into an offsetting commitment. If an offsetting commitment is entered into, the Fund will realize a gain or loss on investments based on the price established when the Fund entered into the commitment.

L Forward Sale Commitments—The Fund may enter into forward sale commitments to sell generic U.S. government agency mortgage-backed securities to hedge its portfolio positions and/or to enhance return. The proceeds to be received from the forward sale commitment are recorded as an asset and a corresponding liability, which is subsequently valued at approximately the current market value of the underlying security in accordance with the Fund's policies on investment valuations discussed above. The Fund records an unrealized gain or loss on investments to the extent of the difference between the proceeds to be received and the value of the open forward sale commitment on the day of determination. If the forward sale commitment is closed through the acquisition of an offsetting purchase commitment or the delivery of securities, the Fund realizes a gain or loss on investments based on the price

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[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

established when the Fund entered into the commitment. If the Fund enters into a forward sale commitment for the delivery of a security that it does not own or has the right to obtain, it is subject to the risk of loss if the purchase price to settle the commitment is higher than the price at which it was sold.

M Reverse Repurchase Agreements—Under a reverse repurchase agreement, the Fund temporarily transfers possession of a portfolio security to another party, such as a bank or broker/dealer, in return for cash. At the same time, the Fund agrees to repurchase the security at an agreed upon time and price, which reflects an interest payment. In periods of increased demand for a security, the Fund may receive a payment from the counterparty for the use of the security, which is recorded as interest income. Because the Fund retains effective control over the transferred security, the transaction is accounted for as a secured borrowing. The Fund may enter into such agreements when it believes it is able to invest the cash acquired at a rate higher than the cost of the agreement, which would increase earned income. When the Fund enters into a reverse repurchase agreement, any fluctuations in the market value of either the securities transferred to another party or the securities in which the proceeds may be invested would affect the market value of the Fund's assets. Because reverse repurchase agreements may be considered to be the practical equivalent of borrowing funds (and the counterparty making a loan), they constitute a form of leverage. The Fund segregates cash or liquid assets equal to its obligation to repurchase the security. During the term of the agreement, the Fund may also be obligated to pledge additional cash and/or securities in the event of a decline in the fair value of the transferred security. In the event the counterparty to a reverse repurchase agreement becomes insolvent, recovery of the security transferred by the Fund may be delayed or the Fund may incur a loss equal to the amount by which the value of the security transferred by the Fund exceeds the repurchase price payable by the Fund.

N Stripped Mortgage-Backed Securities—The Fund may invest in Interest Only (IO) and Principal Only (PO) securities, a form of stripped mortgage-

backed securities, whereby the IO security receives all the interest and the PO security receives all the principal on a pool of mortgage assets. The yield to maturity on an IO security is extremely sensitive to the rate of principal payments (including prepayments) on the related underlying mortgage assets, and a rapid rate of principal payments may have a material adverse effect on the yield to maturity from these securities. If the underlying mortgages experience greater than anticipated prepayments of principal, the Fund may fail to recoup its initial investment in an IO security. The market value of IO and PO securities can be unusually volatile due to changes in interest rates.

O Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

P Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

The Fund declares dividends daily to shareholders of record at the time of declaration. Distributions are generally paid monthly. Distributions of realized capital gains are made at least annually. 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 reinvestment 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. For the six months ended April 30, 2026, management estimates that a portion of distributions for the period will be a tax return of capital. The final determination of tax characteristics of the Fund's distributions will occur at the end of the year and will be reported to the shareholders.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $696,307,261 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 October 31, 2025, $445,750,129 are short-term and $250,557,132 are long-term.

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[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, TBA sale commitments and reverse repurchase agreements, of the Fund at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$4105154200** |
| Gross unrealized appreciation | &nbsp;&nbsp;$155455830 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(175006241) |
| **Net unrealized depreciation** | &nbsp;&nbsp;**$(19550411)** |

---

3 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Fund. The investment adviser 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;0.5000% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4750% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4550% |
| $5 billion but less than $10 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4400% |
| $10 billion but less than $15 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4300% |
| $15 billion but less than $20 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4225% |
| $20 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.4175% |

---

For the six months ended April 30, 2026, the Fund's investment adviser fee amounted to $7,109,012 or 0.48% (annualized) of the Fund's average daily net assets. 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 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 six months ended April 30, 2026, the investment adviser fee paid was reduced by $56,340 relating to the Fund's investment in the Liquidity Fund.

BMR has agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding such expenses as brokerage commissions, acquired fund fees and expenses of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 0.85%, 0.85%, 1.45% and 0.60% of the Fund's average daily net assets for Advisers Class, Class A, Class C and Class I, respectively. This agreement may be changed or terminated after March 1, 2027. Pursuant to this agreement, no operating expenses were waived and/or reimbursed by BMR for the six months ended April 30, 2026.

Eaton Vance Management (EVM), an affiliate of BMR, serves as the administrator of the Fund, but receives no compensation. EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $21,389 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 $5,291 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also 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 or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Trustees of the Fund who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Fund are officers of the above organizations.

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[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

4 Distribution Plans

The Fund has in effect distribution plans for the Advisers Class shares and Class A shares (Advisers/Class A Plan) pursuant to Rule 12b-1 under the 1940 Act. Pursuant to the Advisers/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 Advisers Class shares and 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 six months ended April 30, 2026 amounted to $148,479 for Advisers Class shares and $440,217 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 0.60% 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $80,671 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 Class C shares. 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 six months ended April 30, 2026 amounted to $33,613 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 0.25% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received $1,028 and $3,396 of CDSCs paid by Class A and Class C shareholders, respectively.

6 Purchases and Sales of Investments

Purchases and sales of investments (all U.S. Government and Agency Securities), other than short-term obligations and including maturities, paydowns and TBA transactions, aggregated $14,392,721,934 and $13,902,318,725, respectively, for the six months ended April 30, 2026.

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, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Advisers Class** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 8554650 | &nbsp;&nbsp;&nbsp;&nbsp;$62513009 | &nbsp;&nbsp;&nbsp;&nbsp; 8060874 | &nbsp;&nbsp;&nbsp;&nbsp;$58540186 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 430683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3146993 | &nbsp;&nbsp;&nbsp;&nbsp; 644942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4695011 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2956540) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21601569) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3884925) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (28260834) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **6028793** | &nbsp;&nbsp;&nbsp;&nbsp;**$44058433** | &nbsp;&nbsp;&nbsp;&nbsp; **4820891** | &nbsp;&nbsp;&nbsp;&nbsp;**$34974363** |
| **Class A** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 6044814 | &nbsp;&nbsp;&nbsp;&nbsp;$44226434 | &nbsp;&nbsp;&nbsp;&nbsp; 11986541 | &nbsp;&nbsp;&nbsp;&nbsp;$87206544 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 1211356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8856578 | &nbsp;&nbsp;&nbsp;&nbsp; 2634510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19180368 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8254679) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(60368362) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17214105) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (125070616) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(998509)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(7285350)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(2593054)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(18683704)** |

---

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 214203 | &nbsp;&nbsp;&nbsp;&nbsp;$1569328 | &nbsp;&nbsp;&nbsp;&nbsp; 685688 | &nbsp;&nbsp;&nbsp;&nbsp;$4995383 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 84060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 615767 | &nbsp;&nbsp;&nbsp;&nbsp; 201776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1470809 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (536764) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3932190) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1849858) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13439754) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(238501)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1747095)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(962394)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(6973562)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;98359388 | &nbsp;&nbsp;&nbsp;&nbsp;$719037985 | &nbsp;&nbsp;&nbsp;&nbsp;140436579 | &nbsp;&nbsp;&nbsp;&nbsp;$1019543403 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 7885035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57634077 | &nbsp;&nbsp;&nbsp;&nbsp; 14937995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108667053 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(59780050) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(436998478) | &nbsp;&nbsp;&nbsp;&nbsp;(130713167) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (948071732) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**46464373** | &nbsp;&nbsp;&nbsp;&nbsp;**$339673584** | &nbsp;&nbsp;&nbsp;&nbsp; **24661407** | &nbsp;&nbsp;&nbsp;&nbsp;**$180138724** |

---

8 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 futures contracts, swaptions and swap contracts 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

The Fund is subject to interest rate risk in the normal course of pursuing its investment objective. Because the Fund holds fixed-rate bonds, the value of these bonds may decrease if interest rates rise. The Fund utilizes futures contracts and interest rate swaps and swaptions to enhance total return, to change the overall duration of the Fund and/or to hedge against fluctuations in securities prices due to changes in interest rates.

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) and whose primary underlying risk exposure is interest rate risk at April 30, 2026 was as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Fair Value** |
| **Derivative** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Liability Derivative** |
| Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;$3518150 | &nbsp;&nbsp;&nbsp;&nbsp;$— |
| Swap contracts (centrally cleared) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47629892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| **Total** | &nbsp;&nbsp;&nbsp;&nbsp;**$51148042** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** |

---

<sup>(1)</sup> Only the current day's variation margin on open futures contracts and centrally cleared swap contracts is reported within the Statement of Assets and Liabilities as Receivable for variation margin on open futures contracts and centrally cleared swap contracts, as applicable.

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 interest rate risk for the six months ended April 30, 2026 was as follows:

---

| | | |
|:---|:---|:---|
| **Derivative** | &nbsp;&nbsp;&nbsp;&nbsp;**Realized Gain (Loss)<br> on Derivatives Recognized<br> in Income** | &nbsp;&nbsp;&nbsp;&nbsp;**Change in Unrealized<br> Appreciation (Depreciation) on<br> Derivatives Recognized in Income** |
| Purchased swaptions | &nbsp;&nbsp;&nbsp;&nbsp;$(396851)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;$(52040)<sup>(2)</sup> |
| Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4628550)<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6552499<sup>(4)</sup> |
| Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1386382<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2845612<sup>(6)</sup> |
| **Total** | &nbsp;&nbsp;&nbsp;&nbsp;**$(3639019)** | &nbsp;&nbsp;&nbsp;&nbsp;**$9346071** |

---

<sup>(1)</sup> Statement of Operations location: Net realized gain (loss): Investment transactions.

<sup>(2)</sup> Statement of Operations location: Change in unrealized appreciation (depreciation): Investments.

<sup>(3)</sup> Statement of Operations location: Net realized gain (loss): Futures contracts.

<sup>(4)</sup> Statement of Operations location: Change in unrealized appreciation (depreciation): Futures contracts.

<sup>(5)</sup> Statement of Operations location: Net realized gain (loss): Swap contracts.

<sup>(6)</sup> Statement of Operations location: Change in unrealized appreciation (depreciation): Swap contracts.

The average notional cost of futures contracts and average notional amounts of other derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Futures<br> Contracts — Long** | &nbsp;&nbsp;&nbsp;&nbsp;**Futures<br> Contracts — Short** | &nbsp;&nbsp;&nbsp;&nbsp;**Purchased<br> Swaptions** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $18950000 | &nbsp;&nbsp;&nbsp;&nbsp;$126084000 | &nbsp;&nbsp;&nbsp;&nbsp;$214286000 | &nbsp;&nbsp;&nbsp;&nbsp;$120000000 |

---

9 Line of Credit

The Fund participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. 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 generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $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 six months ended April 30, 2026.

10 Reverse Repurchase Agreements

Reverse repurchase agreements outstanding as of April 30, 2026 were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Trade<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest<br> Rate Paid<br> (Received)** | **Principal<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value<br> Including<br> Accrued<br> Interest** |
| TD Securities (USA), LLC | &nbsp;&nbsp;&nbsp;&nbsp;4/27/26 &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3.88% | $89358361 | &nbsp;&nbsp;&nbsp;&nbsp;$89387253 |
| **Total** |  |  | $**89358361** | &nbsp;&nbsp;&nbsp;&nbsp;**$89387253** |

---

<sup>(1)</sup> Open reverse repurchase agreement with no specific maturity date. Either party may terminate the agreement upon demand.

At April 30, 2026, the type of securities pledged as collateral for all open reverse repurchase agreements was Collateralized Mortgage Obligations.

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

For the six months ended April 30, 2026, the average borrowings under settled reverse repurchase agreements and the average interest rate paid were approximately $17,174,000 and 4.09%, respectively. Based on the short-term nature of the borrowings under the reverse repurchase agreements, the carrying value of the payable for reverse repurchase agreements approximated its fair value at April 30, 2026. If measured at fair value, borrowings under the reverse repurchase agreements would have been considered as Level 2 in the fair value hierarchy (see Note 12) at April 30, 2026.

Reverse repurchase agreements entered into by the Fund are subject to Master Repurchase Agreements (MRA), which permit the Fund, under certain circumstances, including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from the Fund.

The following table presents the Fund's reverse repurchase agreements net of amounts available for offset under an MRA and net of the related collateral pledged by the Fund as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Reverse<br> Repurchase<br> Agreements\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Assets<br> Available for<br> Offset** | &nbsp;&nbsp;&nbsp;&nbsp;**Securities<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Net<br> Amount<sup>(b)</sup>** |
| TD Securities (USA), LLC | &nbsp;&nbsp;&nbsp;&nbsp;$(89387253) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$89387253 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$(89387253)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$89387253** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** |

---

\* Including accrued interest.

<sup>(a)</sup> In some instances, the total collateral pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

11 Affiliated Investments

At April 30, 2026, the value of the Fund's investment in funds that may be deemed to be affiliated was $210,904, which represents less than 0.05% of the Fund's net assets. Transactions in such investments by the Fund for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $44144647 | $965192883 | $(1009126626) | $— | $— | $210904 | $1459271 | 210904 |

---

12 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.

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

Eaton Vance

Short Duration Government Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

At April 30, 2026, the hierarchy of inputs used in valuing the Fund's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Collateralized Mortgage Obligations | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1684482552 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1684482552 |
| Government National Mortgage Association Participation Agreements | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92219484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92219484 |
| U.S. Department of Agriculture Loans | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52869364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52869364 |
| U.S. Government Agency Commercial Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14797414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14797414 |
| U.S. Government Agency Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2415160898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2415160898 |
| U.S. Government Guaranteed Small Business Administration Pools & Loans | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22083158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22083158 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 210904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 210904 |
| **Total Investments** | &nbsp;&nbsp;**$210904** | &nbsp;&nbsp;&nbsp;&nbsp;**$4281612870** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$4281823774** |
| Futures Contracts | &nbsp;&nbsp;$3518150 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$3518150 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47629892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47629892 |
| **Total** | &nbsp;&nbsp;**$3729054** | &nbsp;&nbsp;&nbsp;&nbsp;**$4329242762** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$4332971816** |
| **Liability Description** |  |  |  |  |
| TBA Sale Commitments | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(158009666) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(158009666) |
| **Total** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(158009666)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(158009666)** |

---

------

[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

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[**Table of Contents**](#JOB_EV_AR_890f11fc-d24d-4b73-934d-f74fc3a27252_TOC)

EALDX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Global Macro Absolute Return Advantage Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img3389f4581.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Global Macro Absolute Return Advantage Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_8ff00ef5-9d6a-44c1-9627-5170d9b22a6e_1)** |  |
| [Item 7 of Form N-CSR:](#xx_2a5b3de4-68c6-4f28-ba72-4010c2c5aad6_1) | [Item 7 of Form N-CSR:](#xx_2a5b3de4-68c6-4f28-ba72-4010c2c5aad6_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_2a5b3de4-68c6-4f28-ba72-4010c2c5aad6_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_2a5b3de4-68c6-4f28-ba72-4010c2c5aad6_2) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_2a5b3de4-68c6-4f28-ba72-4010c2c5aad6_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_a90dec49-6382-4799-b2e5-f2960ae3092d_1) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_a0ae6f53-8c71-4dd1-92ba-8cb1a36fb30a_1) | 9 |
| [Global Macro Absolute Return Advantage Portfolio](#xx_5d35ff7b-25d4-4d53-b23f-9ce9e61acc00_1) | [Global Macro Absolute Return Advantage Portfolio](#xx_5d35ff7b-25d4-4d53-b23f-9ce9e61acc00_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_5d35ff7b-25d4-4d53-b23f-9ce9e61acc00_1) | [Items 6 and 7 of Form N-CSR:](#xx_5d35ff7b-25d4-4d53-b23f-9ce9e61acc00_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_5d35ff7b-25d4-4d53-b23f-9ce9e61acc00_1) | 13 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_f22c73be-6dc7-44d4-bc0e-9a31fa718356_1) | 55 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in Global Macro Absolute Return Advantage Portfolio, at value (identified cost $4,749,499,717) | &nbsp;&nbsp;$4971110815 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8127697 |
| **Total assets** | &nbsp;&nbsp;**$4979238512** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$2056142 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199739 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21532 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93115 |
| **Total liabilities** | &nbsp;&nbsp;**$2370528** |
| **Net Assets** | &nbsp;&nbsp;**$4976867984** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$4787384681 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189483303 |
| **Net Assets** | &nbsp;&nbsp;**$4976867984** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$919086418 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75927445 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$12.10 |
| **Maximum Offering Price Per Share <br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$12.51 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$20496925 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1747689 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$11.73 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$2915882995 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236282947 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$12.34 |
| Class R Shares |  |
| **Net Assets** | &nbsp;&nbsp;$1490304 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125277 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$11.90 |
| Class R6 Shares |  |
| **Net Assets** | &nbsp;&nbsp;$1119911342 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90952681 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$12.31 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio (net of foreign taxes withheld of $661,765) | &nbsp;&nbsp;$7089421 |
| Interest income allocated from Portfolio (net of foreign taxes withheld of $5,194,380) | &nbsp;&nbsp;&nbsp;&nbsp;209611462 |
| Other income allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4498588 |
| Expenses, excluding interest and dividend expense, allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19801385) |
| Interest and dividend expense allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30814178) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126258 |
| **Total investment income from Portfolio** | &nbsp;&nbsp;**$170710166** |
| Expenses |  |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$912233 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86487 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3542 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32218 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853596 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61721 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52671 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105523 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13883 |
| **Total expenses** | &nbsp;&nbsp;**$2121874** |
| **Net investment income** | &nbsp;&nbsp;**$168588292** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$118197670 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2859700 |
| &nbsp;&nbsp;&nbsp;Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186703 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417748 |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3299681) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22847882 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001190 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30819527 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1544245) |
| **Net realized gain** | &nbsp;&nbsp;**$171486494** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$8165235 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;752452 |
| &nbsp;&nbsp;&nbsp;Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8996919 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11225444) |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6478913) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16692369) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(411205) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29652866 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1261266) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$11498275** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$182984769** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$351573061** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$168588292 | &nbsp;&nbsp;$187770583 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171486494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34086654 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11498275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215408161 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$351573061** | &nbsp;&nbsp;**$437265398** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(40334376) | &nbsp;&nbsp;$(18077532) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1031979) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(387043) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(143031045) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57290735) |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(98471) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(61788) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(55903716) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(44693036) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(240399587)** | &nbsp;&nbsp;**$(120510134)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$324201786 | &nbsp;&nbsp;$233173438 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7256705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3904830 |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828333362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863164889 |
| &nbsp;&nbsp;&nbsp;Class R | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48031 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119589 |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267662646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20693852 |
| **Net increase in net assets from Fund share transactions** | &nbsp;&nbsp;**$1427502530** | &nbsp;&nbsp;**$1121056598** |
| **Net increase in net assets** | &nbsp;&nbsp;**$1538676004** | &nbsp;&nbsp;**$1437811862** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$3438191980 | &nbsp;&nbsp;$2000380118 |
| **At end of period** | &nbsp;&nbsp;**$4976867984** | &nbsp;&nbsp;**$3438191980** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$11.82 | &nbsp;&nbsp;$10.53 | &nbsp;&nbsp;$9.91 | &nbsp;&nbsp;$9.48 | &nbsp;&nbsp;$10.45 | &nbsp;&nbsp;$10.45 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.47 | &nbsp;&nbsp;$0.80 | &nbsp;&nbsp;$0.73 | &nbsp;&nbsp;$0.56 | &nbsp;&nbsp;$0.53 | &nbsp;&nbsp;$0.52 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.04) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$1.06** | &nbsp;&nbsp;**$1.89** | &nbsp;&nbsp;**$0.93** | &nbsp;&nbsp;**$0.86** | &nbsp;&nbsp;**$(0.51)** | &nbsp;&nbsp;**$0.57** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.78) | &nbsp;&nbsp;$(0.60) | &nbsp;&nbsp;$(0.31) | &nbsp;&nbsp;$(0.43) | &nbsp;&nbsp;$(0.46) | &nbsp;&nbsp;$(0.57) |
| **Total distributions** | &nbsp;&nbsp;**$(0.78)** | &nbsp;&nbsp;**$(0.60)** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$(0.43)** | &nbsp;&nbsp;**$(0.46)** | &nbsp;&nbsp;**$(0.57)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$12.10** | &nbsp;&nbsp;**$11.82** | &nbsp;&nbsp;**$10.53** | &nbsp;&nbsp;**$9.91** | &nbsp;&nbsp;**$9.48** | &nbsp;&nbsp;**$10.45** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.37%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.84%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.63%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.16%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.02)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.52%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$919086 | &nbsp;&nbsp;$574495 | &nbsp;&nbsp;$289366 | &nbsp;&nbsp;$258776 | &nbsp;&nbsp;$151818 | &nbsp;&nbsp;$676641 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.32% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.62% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.57% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.78%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.47%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.22%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.99%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.51%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.46% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.97%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.10% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.03% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 1.50%, 1.17%, 0.92%, 0.67%, 0.16% and 0.11% of average daily net assets for the six months ended April 30, 2026 and for the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$11.50 | &nbsp;&nbsp;$10.26 | &nbsp;&nbsp;$9.64 | &nbsp;&nbsp;$9.23 | &nbsp;&nbsp;$10.18 | &nbsp;&nbsp;$10.15 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.42 | &nbsp;&nbsp;$0.71 | &nbsp;&nbsp;$0.63 | &nbsp;&nbsp;$0.48 | &nbsp;&nbsp;$0.50 | &nbsp;&nbsp;$0.44 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.04 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$1.00** | &nbsp;&nbsp;**$1.76** | &nbsp;&nbsp;**$0.84** | &nbsp;&nbsp;**$0.76** | &nbsp;&nbsp;**$(0.56)** | &nbsp;&nbsp;**$0.48** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.77) | &nbsp;&nbsp;$(0.52) | &nbsp;&nbsp;$(0.22) | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.39) | &nbsp;&nbsp;$(0.45) |
| **Total distributions** | &nbsp;&nbsp;**$(0.77)** | &nbsp;&nbsp;**$(0.52)** | &nbsp;&nbsp;**$(0.22)** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.45)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$11.73** | &nbsp;&nbsp;**$11.50** | &nbsp;&nbsp;**$10.26** | &nbsp;&nbsp;**$9.64** | &nbsp;&nbsp;**$9.23** | &nbsp;&nbsp;**$10.18** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.93%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.98%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.84%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.31%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.69)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.85%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$20497 | &nbsp;&nbsp;$12877 | &nbsp;&nbsp;$7832 | &nbsp;&nbsp;$8278 | &nbsp;&nbsp;$10906 | &nbsp;&nbsp;$14020 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.53%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.79% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.32% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.53%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.22%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.97%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.71%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.21%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.16% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.25%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.62% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.05% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.33% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 1.50%, 1.17%, 0.92%, 0.67%, 0.16% and 0.11% of average daily net assets for the six months ended April 30, 2026 and for the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$12.02 | &nbsp;&nbsp;$10.70 | &nbsp;&nbsp;$10.06 | &nbsp;&nbsp;$9.64 | &nbsp;&nbsp;$10.62 | &nbsp;&nbsp;$10.61 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.50 | &nbsp;&nbsp;$0.84 | &nbsp;&nbsp;$0.77 | &nbsp;&nbsp;$0.59 | &nbsp;&nbsp;$0.62 | &nbsp;&nbsp;$0.57 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.04 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$1.10** | &nbsp;&nbsp;**$1.94** | &nbsp;&nbsp;**$0.98** | &nbsp;&nbsp;**$0.88** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$0.61** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.78) | &nbsp;&nbsp;$(0.62) | &nbsp;&nbsp;$(0.34) | &nbsp;&nbsp;$(0.46) | &nbsp;&nbsp;$(0.50) | &nbsp;&nbsp;$(0.60) |
| **Total distributions** | &nbsp;&nbsp;**$(0.78)** | &nbsp;&nbsp;**$(0.62)** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$(0.46)** | &nbsp;&nbsp;**$(0.50)** | &nbsp;&nbsp;**$(0.60)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$12.34** | &nbsp;&nbsp;**$12.02** | &nbsp;&nbsp;**$10.70** | &nbsp;&nbsp;**$10.06** | &nbsp;&nbsp;**$9.64** | &nbsp;&nbsp;**$10.62** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.58%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19.09%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.97%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.39%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.79)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.93%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$2915883 | &nbsp;&nbsp;$2019464 | &nbsp;&nbsp;$980907 | &nbsp;&nbsp;$870694 | &nbsp;&nbsp;$803281 | &nbsp;&nbsp;$836706 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.53%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.79% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.32% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.27% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.53%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.22%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.97%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.21%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.26%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.52% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.33% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.35% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 1.50%, 1.17%, 0.92%, 0.67%, 0.16% and 0.11% of average daily net assets for the six months ended April 30, 2026 and for the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

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;**Class R** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$11.64 | &nbsp;&nbsp;$10.37 | &nbsp;&nbsp;$9.76 | &nbsp;&nbsp;$9.36 | &nbsp;&nbsp;$10.33 | &nbsp;&nbsp;$10.33 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.46 | &nbsp;&nbsp;$0.77 | &nbsp;&nbsp;$0.68 | &nbsp;&nbsp;$0.53 | &nbsp;&nbsp;$0.55 | &nbsp;&nbsp;$0.50 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 | &nbsp;&nbsp;&nbsp;&nbsp;(1.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$1.03** | &nbsp;&nbsp;**$1.83** | &nbsp;&nbsp;**$0.90** | &nbsp;&nbsp;**$0.81** | &nbsp;&nbsp;**$(0.52)** | &nbsp;&nbsp;**$0.55** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.77) | &nbsp;&nbsp;$(0.56) | &nbsp;&nbsp;$(0.29) | &nbsp;&nbsp;$(0.41) | &nbsp;&nbsp;$(0.45) | &nbsp;&nbsp;$(0.55) |
| **Total distributions** | &nbsp;&nbsp;**$(0.77)** | &nbsp;&nbsp;**$(0.56)** | &nbsp;&nbsp;**$(0.29)** | &nbsp;&nbsp;**$(0.41)** | &nbsp;&nbsp;**$(0.45)** | &nbsp;&nbsp;**$(0.55)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$11.90** | &nbsp;&nbsp;**$11.64** | &nbsp;&nbsp;**$10.37** | &nbsp;&nbsp;**$9.76** | &nbsp;&nbsp;**$9.36** | &nbsp;&nbsp;**$10.33** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.23%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**18.53%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.41%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.91%** | &nbsp;&nbsp;&nbsp;&nbsp;**(5.29)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.36%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$1490 | &nbsp;&nbsp;$1408 | &nbsp;&nbsp;$1121 | &nbsp;&nbsp;$1441 | &nbsp;&nbsp;$1340 | &nbsp;&nbsp;$1398 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.03%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.79% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.57% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.77% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.03%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.72%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.47%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.21%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.66% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.88%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.13% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.74% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.48% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.82% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 1.50%, 1.17%, 0.92%, 0.67%, 0.16% and 0.11% of average daily net assets for the six months ended April 30, 2026 and for the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

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;**Class R6** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$11.99 | &nbsp;&nbsp;$10.69 | &nbsp;&nbsp;$10.05 | &nbsp;&nbsp;$9.63 | &nbsp;&nbsp;$10.63 | &nbsp;&nbsp;$10.62 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.51 | &nbsp;&nbsp;$0.86 | &nbsp;&nbsp;$0.77 | &nbsp;&nbsp;$0.60 | &nbsp;&nbsp;$0.62 | &nbsp;&nbsp;$0.57 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.07 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.11) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$1.10** | &nbsp;&nbsp;**$1.93** | &nbsp;&nbsp;**$0.99** | &nbsp;&nbsp;**$0.89** | &nbsp;&nbsp;**$(0.49)** | &nbsp;&nbsp;**$0.62** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.78) | &nbsp;&nbsp;$(0.63) | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.47) | &nbsp;&nbsp;$(0.51) | &nbsp;&nbsp;$(0.61) |
| **Total distributions** | &nbsp;&nbsp;**$(0.78)** | &nbsp;&nbsp;**$(0.63)** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.47)** | &nbsp;&nbsp;**$(0.51)** | &nbsp;&nbsp;**$(0.61)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$12.31** | &nbsp;&nbsp;**$11.99** | &nbsp;&nbsp;**$10.69** | &nbsp;&nbsp;**$10.05** | &nbsp;&nbsp;**$9.63** | &nbsp;&nbsp;**$10.63** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.52%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19.12%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.97%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.60%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.84)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.94%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$1119911 | &nbsp;&nbsp;$829948 | &nbsp;&nbsp;$721154 | &nbsp;&nbsp;$667138 | &nbsp;&nbsp;$553393 | &nbsp;&nbsp;$637812 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.48%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.21% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.02% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.76% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.24% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.48%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.68%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.39%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.80% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.36% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.36% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 1.50%, 1.17%, 0.92%, 0.67%, 0.16% and 0.11% of average daily net assets for the six months ended April 30, 2026 and for the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*8*

*See Notes to Financial Statements.*

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[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Global Macro Absolute Return Advantage Fund (the Fund) is a non-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 offers five classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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, 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 Fund invests its assets in interests in Global Macro Absolute Return Advantage Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objective and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (69.0% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The consolidated financial statements of the Portfolio, including the consolidated portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Consolidated Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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 required to recognize its pro rata share of the capital gains taxes incurred by the Portfolio. In doing so, the daily net asset value would reflect the Fund's pro rata share of the estimated reserve for such taxes incurred by the Portfolio.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $204,839,513 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 October 31, 2025, $54,689,456 are short-term and $150,150,057 are long-term.

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 investment adviser and administration fee is computed at an annual rate as a percentage of the Fund's average daily net assets that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser and receive an advisory fee as follows and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;1.000% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.950% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.925% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.900% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.880% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser and administration fee on such assets. Pursuant to an investment sub-advisory agreement, EVM has delegated a portion of the investment management of the Fund to Morgan Stanley Investment Management Limited. (MSIM Ltd.), an affiliate of EVM and an indirect, wholly-owned subsidiary of Morgan Stanley. EVM pays MSIM Ltd. a portion of its investment adviser and administration fee for sub-advisory services provided to the Fund. To the extent the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR) to render investment advisory services. See Note 2 of the Portfolio's Notes to Consolidated Financial Statements which are included elsewhere in this report.

EVM has agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding such expenses as brokerage commissions, acquired fund fees and expenses of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 1.30%, 2.05%, 1.05%, 1.55% and 1.02% of the Fund's average daily net assets for Class A, Class C, Class I, Class R and Class R6, respectively. This agreement may be changed or terminated after March 1, 2027. For the six months ended April 30, 2026, no expenses were waived and/or reimbursed by EVM.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $17,919 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 $6,620 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also received distribution and

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[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

service fees from Class A, Class C and Class R shares (see Note 4) and contingent deferred sales charges (see Note 5).

Trustees and officers of the Fund who are members of EVM's or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

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 six months ended April 30, 2026 amounted to $912,233 for Class A shares.

The Fund also has in effect distribution plans for Class C shares (Class C Plan) and Class R shares (Class R 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $64,865 for Class C shares. 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $1,771 for Class R shares.

Pursuant to the Class C and Class R Plans, 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 six months ended April 30, 2026 amounted to $21,622 and $1,771 for Class C and Class R shares, respectively.

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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received $189 of CDSCs paid by Class C shareholders and no CDSCs paid by Class A shareholders.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $1,435,232,228 and $252,044,960, respectively.

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[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Eaton Vance

Global Macro Absolute Return Advantage Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — 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, including direct exchanges pursuant to share class conversions, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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;28598769 | &nbsp;&nbsp;&nbsp;&nbsp;$341663338 | &nbsp;&nbsp;&nbsp;&nbsp; 27126416 | &nbsp;&nbsp;&nbsp;&nbsp;$300177546 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 3493351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40103665 | &nbsp;&nbsp;&nbsp;&nbsp; 1759974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17934129 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4786786) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (57565217) | &nbsp;&nbsp;&nbsp;&nbsp; (7738647) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (84938237) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**27305334** | &nbsp;&nbsp;&nbsp;&nbsp;**$324201786** | &nbsp;&nbsp;&nbsp;&nbsp; **21147743** | &nbsp;&nbsp;&nbsp;&nbsp;**$233173438** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 794331 | &nbsp;&nbsp;&nbsp;&nbsp;$9210763 | &nbsp;&nbsp;&nbsp;&nbsp; 587424 | &nbsp;&nbsp;&nbsp;&nbsp;$6392389 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 89046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 992865 | &nbsp;&nbsp;&nbsp;&nbsp; 38404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 383271 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (255053) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2946923) | &nbsp;&nbsp;&nbsp;&nbsp; (269494) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2870830) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **628324** | &nbsp;&nbsp;&nbsp;&nbsp;**$7256705** | &nbsp;&nbsp;&nbsp;&nbsp; **356334** | &nbsp;&nbsp;&nbsp;&nbsp;**$3904830** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;93469691 | &nbsp;&nbsp;&nbsp;&nbsp;$1139486825 | &nbsp;&nbsp;&nbsp;&nbsp;101672074 | &nbsp;&nbsp;&nbsp;&nbsp;$1143929971 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp;10803982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 126298548 | &nbsp;&nbsp;&nbsp;&nbsp; 4789711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49525610 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(36000143) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (437452011) | &nbsp;&nbsp;&nbsp;&nbsp;(30097312) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (330290692) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**68273530** | &nbsp;&nbsp;&nbsp;&nbsp;**$828333362** | &nbsp;&nbsp;&nbsp;&nbsp; **76364473** | &nbsp;&nbsp;&nbsp;&nbsp;**$863164889** |
| **Class R** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 34650 | &nbsp;&nbsp;&nbsp;&nbsp;$405842 | &nbsp;&nbsp;&nbsp;&nbsp; 34144 | &nbsp;&nbsp;&nbsp;&nbsp;$360948 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 8722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98471 | &nbsp;&nbsp;&nbsp;&nbsp; 6148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61788 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (39088) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (456282) | &nbsp;&nbsp;&nbsp;&nbsp; (27396) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (303147) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **4284** | &nbsp;&nbsp;&nbsp;&nbsp;**$48031** | &nbsp;&nbsp;&nbsp;&nbsp; **12896** | &nbsp;&nbsp;&nbsp;&nbsp;**$119589** |
| **Class R6** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;29608041 | &nbsp;&nbsp;&nbsp;&nbsp;$363162018 | &nbsp;&nbsp;&nbsp;&nbsp; 23171583 | &nbsp;&nbsp;&nbsp;&nbsp;$258907139 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 1391083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16220030 | &nbsp;&nbsp;&nbsp;&nbsp; 1325501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13679173 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9244933) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (111719402) | &nbsp;&nbsp;&nbsp;&nbsp;(22766556) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (251892460) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**21754191** | &nbsp;&nbsp;&nbsp;&nbsp;**$267662646** | &nbsp;&nbsp;&nbsp;&nbsp; **1730528** | &nbsp;&nbsp;&nbsp;&nbsp;**$20693852** |

---

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[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited)

------

Collateralized Mortgage Obligations — 0.6%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Federal Home Loan Mortgage Corp.:<br> Interest Only:<sup>(1)</sup><br> Series 2770, Class SH, 3.346%, (6.986% - 30-day SOFR Average), 3/15/34<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;352 | &nbsp;&nbsp;$30231 |
| Federal National Mortgage Association:<br> Interest Only:<sup>(1)</sup><br> Series 2010-109, Class PS, 2.84%, (6.486% - 30-day SOFR Average), 10/25/40<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822 | &nbsp;&nbsp;&nbsp;&nbsp; 56278 |
| Unison Trust, Series 2021-1, Class A, 6.50%, 4/25/50<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40799 | &nbsp;&nbsp;&nbsp;&nbsp; 38761076 |
| Total Collateralized Mortgage Obligations<br> (identified cost $40,287,785) |  | &nbsp;&nbsp;**$38847585** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Common Stocks — 11.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Argentina — 0.8% | Argentina — 0.8% | Argentina — 0.8% |
| Banco BBVA Argentina SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181186 | &nbsp;&nbsp;$2583712 |
| Banco Macro SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115766 | &nbsp;&nbsp;&nbsp;&nbsp; 8335152 |
| Central Puerto SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116862 | &nbsp;&nbsp;&nbsp;&nbsp; 1648923 |
| Corp. America Airports SA<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43774 | &nbsp;&nbsp;&nbsp;&nbsp; 1092161 |
| Cresud SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47244 | &nbsp;&nbsp;&nbsp;&nbsp; 531495 |
| Empresa Distribuidora Y Comercializadora Norte ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24051 | &nbsp;&nbsp;&nbsp;&nbsp; 602477 |
| Grupo Financiero Galicia SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327222 | &nbsp;&nbsp;&nbsp;&nbsp; 13527357 |
| Grupo Supervielle SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158151 | &nbsp;&nbsp;&nbsp;&nbsp; 1301583 |
| IRSA Inversiones y Representaciones SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39106 | &nbsp;&nbsp;&nbsp;&nbsp; 546311 |
| Loma Negra Cia Industrial Argentina SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63544 | &nbsp;&nbsp;&nbsp;&nbsp; 701526 |
| Pampa Energia SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50094 | &nbsp;&nbsp;&nbsp;&nbsp; 4151290 |
| Telecom Argentina SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96982 | &nbsp;&nbsp;&nbsp;&nbsp; 1157965 |
| Transportadora de Gas del Sur SA, Class B ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85491 | &nbsp;&nbsp;&nbsp;&nbsp; 2608330 |
| Vista Energy SAB de CV ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100102 | &nbsp;&nbsp;&nbsp;&nbsp; 7439581 |
| YPF SA ADR<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256948 | &nbsp;&nbsp;&nbsp;&nbsp; 11603772 |
|  |  | &nbsp;&nbsp;**$57831635** |
| Belgium — 0.1% | Belgium — 0.1% | Belgium — 0.1% |
| Cenergy Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154785 | &nbsp;&nbsp;$4356710 |
|  |  | &nbsp;&nbsp;**$4356710** |
| Brazil — 0.0%<sup>†</sup> | Brazil — 0.0%<sup>†</sup> | Brazil — 0.0%<sup>†</sup> |
| Adecoagro SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41135 | &nbsp;&nbsp;$579592 |
| Arcos Dorados Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186975 | &nbsp;&nbsp;&nbsp;&nbsp; 1667817 |
|  |  | &nbsp;&nbsp;**$2247409** |
| Bulgaria — 0.2% | Bulgaria — 0.2% | Bulgaria — 0.2% |
| Eurohold Bulgaria AD<sup>(5)</sup> | 10954272 | &nbsp;&nbsp;$14036355 |
|  |  | &nbsp;&nbsp;**$14036355** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Canada — 0.1% | Canada — 0.1% | Canada — 0.1% |
| Amaroq Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2275400 | &nbsp;&nbsp;$3018132 |
| Lithium Argentina AG<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175345 | &nbsp;&nbsp;&nbsp;&nbsp; 1783259 |
|  |  | &nbsp;&nbsp;**$4801391** |
| China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> |
| Shimao Group Holdings Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890714 | &nbsp;&nbsp;$18994 |
| Times China Holdings Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2345326 | &nbsp;&nbsp;&nbsp;&nbsp; 16317 |
|  |  | &nbsp;&nbsp;**$35311** |
| Cyprus — 0.7% | Cyprus — 0.7% | Cyprus — 0.7% |
| Bank of Cyprus Holdings PLC<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;$6567660 |
| Bank of Cyprus Holdings PLC<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4307124 | &nbsp;&nbsp;&nbsp;&nbsp; 46675600 |
|  |  | &nbsp;&nbsp;**$53243260** |
| Georgia — 0.4% | Georgia — 0.4% | Georgia — 0.4% |
| Georgia Capital PLC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490372 | &nbsp;&nbsp;$26125107 |
|  |  | &nbsp;&nbsp;**$26125107** |
| Greece — 1.6% | Greece — 1.6% | Greece — 1.6% |
| Alpha Bank SA | &nbsp;&nbsp;&nbsp;&nbsp;2004346 | &nbsp;&nbsp;$8043900 |
| Athens International Airport SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106192 | &nbsp;&nbsp;&nbsp;&nbsp; 1210855 |
| CrediaBank SA<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4386055 | &nbsp;&nbsp;&nbsp;&nbsp; 6222463 |
| Eurobank SA | &nbsp;&nbsp;&nbsp;&nbsp;3793402 | &nbsp;&nbsp;&nbsp;&nbsp; 16505288 |
| GEK TERNA SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157200 | &nbsp;&nbsp;&nbsp;&nbsp; 7554506 |
| Hellenic Telecommunications Organization SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280039 | &nbsp;&nbsp;&nbsp;&nbsp; 5987186 |
| Helleniq Energy Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124300 | &nbsp;&nbsp;&nbsp;&nbsp; 1434866 |
| Ideal Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88382 | &nbsp;&nbsp;&nbsp;&nbsp; 606026 |
| JUMBO SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183084 | &nbsp;&nbsp;&nbsp;&nbsp; 4997215 |
| LAMDA Development SA<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107574 | &nbsp;&nbsp;&nbsp;&nbsp; 766305 |
| Metlen Energy & Metals PLC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241684 | &nbsp;&nbsp;&nbsp;&nbsp; 10214122 |
| Motor Oil (Hellas) Corinth Refineries SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105909 | &nbsp;&nbsp;&nbsp;&nbsp; 4727280 |
| National Bank of Greece SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878146 | &nbsp;&nbsp;&nbsp;&nbsp; 13917019 |
| Optima bank SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300354 | &nbsp;&nbsp;&nbsp;&nbsp; 3142322 |
| Piraeus Bank SA | &nbsp;&nbsp;&nbsp;&nbsp;1327751 | &nbsp;&nbsp;&nbsp;&nbsp; 12569882 |
| Public Power Corp. SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450710 | &nbsp;&nbsp;&nbsp;&nbsp; 9569751 |
| Qualco Group SA<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205222 | &nbsp;&nbsp;&nbsp;&nbsp; 1334046 |
| Titan SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58760 | &nbsp;&nbsp;&nbsp;&nbsp; 3158489 |
|  |  | &nbsp;&nbsp;**$111961521** |
| Hungary — 1.2% | Hungary — 1.2% | Hungary — 1.2% |
| Magyar Telekom Telecommunications PLC | &nbsp;&nbsp;&nbsp;&nbsp;1136907 | &nbsp;&nbsp;$9005769 |
| MOL Hungarian Oil & Gas PLC | &nbsp;&nbsp;&nbsp;&nbsp;1365465 | &nbsp;&nbsp;&nbsp;&nbsp; 18237417 |
| OTP Bank Nyrt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397693 | &nbsp;&nbsp;&nbsp;&nbsp; 53342126 |
| Richter Gedeon Nyrt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198287 | &nbsp;&nbsp;&nbsp;&nbsp; 8363692 |
|  |  | &nbsp;&nbsp;**$88949004** |
| Iceland — 0.8% | Iceland — 0.8% | Iceland — 0.8% |
| Arion Banki Hf.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7000132 | &nbsp;&nbsp;$10957299 |
| Bera Hf.<sup>(5)</sup> | 12186826 | &nbsp;&nbsp;&nbsp;&nbsp; 1524776 |
| Eik fasteignafelag Hf. | 11971940 | &nbsp;&nbsp;&nbsp;&nbsp; 1372989 |
| Eimskipafelag Islands Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809063 | &nbsp;&nbsp;&nbsp;&nbsp; 1624698 |
| Festi Hf. | &nbsp;&nbsp;&nbsp;&nbsp;1655642 | &nbsp;&nbsp;&nbsp;&nbsp; 4475076 |

---

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Iceland (continued) | Iceland (continued) | Iceland (continued) |
| Hagar Hf. | &nbsp;&nbsp;&nbsp;&nbsp;6527976 | &nbsp;&nbsp;$6402790 |
| Hampidjan Hf. | &nbsp;&nbsp;&nbsp;&nbsp;1332529 | &nbsp;&nbsp;&nbsp;&nbsp; 971678 |
| Heimar Hf. | &nbsp;&nbsp;&nbsp;&nbsp;9470888 | &nbsp;&nbsp;&nbsp;&nbsp; 2658895 |
| Icelandair Group Hf.<sup>(5)</sup> | 237092219 | &nbsp;&nbsp;&nbsp;&nbsp; 1490594 |
| Islandsbanki Hf. | 11449130 | &nbsp;&nbsp;&nbsp;&nbsp; 13397426 |
| Kaldalon Hf. | &nbsp;&nbsp;&nbsp;&nbsp;1524500 | &nbsp;&nbsp;&nbsp;&nbsp; 324408 |
| Kvika banki Hf. | 24176345 | &nbsp;&nbsp;&nbsp;&nbsp; 3058474 |
| Reitir fasteignafelag Hf. | &nbsp;&nbsp;&nbsp;&nbsp;3221540 | &nbsp;&nbsp;&nbsp;&nbsp; 2982764 |
| Siminn Hf. | 15606618 | &nbsp;&nbsp;&nbsp;&nbsp; 1538980 |
| Sjova-Almennar Tryggingar Hf. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;959500 | &nbsp;&nbsp;&nbsp;&nbsp; 312315 |
| Skagi Hf. | &nbsp;&nbsp;&nbsp;&nbsp;9151064 | &nbsp;&nbsp;&nbsp;&nbsp; 1403413 |
|  |  | &nbsp;&nbsp;**$54496575** |
| India — 1.3% | India — 1.3% | India — 1.3% |
| Ambuja Cements Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368600 | &nbsp;&nbsp;$1733593 |
| Apollo Hospitals Enterprise Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28500 | &nbsp;&nbsp;&nbsp;&nbsp; 2300541 |
| Asian Paints Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72600 | &nbsp;&nbsp;&nbsp;&nbsp; 1883856 |
| Bharti Airtel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98800 | &nbsp;&nbsp;&nbsp;&nbsp; 1975005 |
| Dabur India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372500 | &nbsp;&nbsp;&nbsp;&nbsp; 1738105 |
| DLF Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321100 | &nbsp;&nbsp;&nbsp;&nbsp; 1998729 |
| Fortis Healthcare Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225100 | &nbsp;&nbsp;&nbsp;&nbsp; 2201610 |
| HDFC Asset Management Co. Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78400 | &nbsp;&nbsp;&nbsp;&nbsp; 2249541 |
| HDFC Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210400 | &nbsp;&nbsp;&nbsp;&nbsp; 1720876 |
| HDFC Life Insurance Co. Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264900 | &nbsp;&nbsp;&nbsp;&nbsp; 1645409 |
| Hero MotoCorp Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35200 | &nbsp;&nbsp;&nbsp;&nbsp; 1902099 |
| Hindustan Aeronautics Ltd.<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19900 | &nbsp;&nbsp;&nbsp;&nbsp; 913667 |
| Hindustan Unilever Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78400 | &nbsp;&nbsp;&nbsp;&nbsp; 1863782 |
| ICICI Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140900 | &nbsp;&nbsp;&nbsp;&nbsp; 1890643 |
| ICICI Prudential Life Insurance Co. Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294800 | &nbsp;&nbsp;&nbsp;&nbsp; 1600132 |
| Infosys Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;486887 | &nbsp;&nbsp;&nbsp;&nbsp; 6129477 |
| ITC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606100 | &nbsp;&nbsp;&nbsp;&nbsp; 2018034 |
| Jindal Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183100 | &nbsp;&nbsp;&nbsp;&nbsp; 2369346 |
| JSW Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167800 | &nbsp;&nbsp;&nbsp;&nbsp; 2246448 |
| Kwality Wall's India Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38500 | &nbsp;&nbsp;&nbsp;&nbsp; 11045 |
| Lodha Developers Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211000 | &nbsp;&nbsp;&nbsp;&nbsp; 2011170 |
| Marico Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259200 | &nbsp;&nbsp;&nbsp;&nbsp; 2121853 |
| Maruti Suzuki India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12700 | &nbsp;&nbsp;&nbsp;&nbsp; 1791725 |
| Max Healthcare Institute Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192600 | &nbsp;&nbsp;&nbsp;&nbsp; 2026445 |
| Muthoot Finance Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49900 | &nbsp;&nbsp;&nbsp;&nbsp; 1808165 |
| Nippon Life India Asset Management Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235200 | &nbsp;&nbsp;&nbsp;&nbsp; 2518353 |
| Oberoi Realty Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133200 | &nbsp;&nbsp;&nbsp;&nbsp; 2355606 |
| One 97 Communications Ltd.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165800 | &nbsp;&nbsp;&nbsp;&nbsp; 1926850 |
| Persistent Systems Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132800 | &nbsp;&nbsp;&nbsp;&nbsp; 6785200 |
| Reliance Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141700 | &nbsp;&nbsp;&nbsp;&nbsp; 2149078 |
| SBI Life Insurance Co. Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94300 | &nbsp;&nbsp;&nbsp;&nbsp; 1811098 |
| State Bank of India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183800 | &nbsp;&nbsp;&nbsp;&nbsp; 2078961 |
| Tata Consultancy Services Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258300 | &nbsp;&nbsp;&nbsp;&nbsp; 6778385 |
| Tata Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1047400 | &nbsp;&nbsp;&nbsp;&nbsp; 2342150 |
| TVS Motor Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54400 | &nbsp;&nbsp;&nbsp;&nbsp; 2014535 |
| UltraTech Cement Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15800 | &nbsp;&nbsp;&nbsp;&nbsp; 1938638 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| India (continued) | India (continued) | India (continued) |
| Varun Beverages Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411600 | &nbsp;&nbsp;$2241984 |
| Wipro Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3534600 | &nbsp;&nbsp;&nbsp;&nbsp; 7531404 |
|  |  | &nbsp;&nbsp;**$92623538** |
| Luxembourg — 0.0%<sup>†</sup> | Luxembourg — 0.0%<sup>†</sup> | Luxembourg — 0.0%<sup>†</sup> |
| Alvotech SA<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593154 | &nbsp;&nbsp;$2010158 |
|  |  | &nbsp;&nbsp;**$2010158** |
| Nigeria — 0.1% | Nigeria — 0.1% | Nigeria — 0.1% |
| Access Holdings PLC | 10884219 | &nbsp;&nbsp;$214360 |
| Fidelity Bank PLC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5100327 | &nbsp;&nbsp;&nbsp;&nbsp; 73936 |
| First HoldCo PLC | 45834102 | &nbsp;&nbsp;&nbsp;&nbsp; 2145677 |
| Guaranty Trust Holding Co. PLC | 14809316 | &nbsp;&nbsp;&nbsp;&nbsp; 1454380 |
| Nigerian Breweries PLC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2078768 | &nbsp;&nbsp;&nbsp;&nbsp; 119030 |
| Transnational Corp. of Nigeria PLC | &nbsp;&nbsp;&nbsp;&nbsp;3836054 | &nbsp;&nbsp;&nbsp;&nbsp; 124555 |
| United Bank for Africa PLC | 50208108 | &nbsp;&nbsp;&nbsp;&nbsp; 1559249 |
| Zenith Bank PLC | 43000662 | &nbsp;&nbsp;&nbsp;&nbsp; 4087025 |
|  |  | &nbsp;&nbsp;**$9778212** |
| Philippines — 0.3% | Philippines — 0.3% | Philippines — 0.3% |
| Ayala Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172120 | &nbsp;&nbsp;$1308702 |
| Ayala Land, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5524300 | &nbsp;&nbsp;&nbsp;&nbsp; 1359247 |
| Bank of the Philippine Islands | &nbsp;&nbsp;&nbsp;&nbsp;1414230 | &nbsp;&nbsp;&nbsp;&nbsp; 2059031 |
| BDO Unibank, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1536582 | &nbsp;&nbsp;&nbsp;&nbsp; 2873338 |
| International Container Terminal Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577470 | &nbsp;&nbsp;&nbsp;&nbsp; 6692681 |
| SM Investments Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336590 | &nbsp;&nbsp;&nbsp;&nbsp; 3319024 |
| SM Prime Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9456900 | &nbsp;&nbsp;&nbsp;&nbsp; 2926430 |
|  |  | &nbsp;&nbsp;**$20538453** |
| Poland — 0.1% | Poland — 0.1% | Poland — 0.1% |
| Budimex SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16687 | &nbsp;&nbsp;$3033750 |
| Grupa Kety SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8283 | &nbsp;&nbsp;&nbsp;&nbsp; 2529814 |
|  |  | &nbsp;&nbsp;**$5563564** |
| Puerto Rico — 0.2% | Puerto Rico — 0.2% | Puerto Rico — 0.2% |
| Liberty Latin America Ltd., Class C<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2166900 | &nbsp;&nbsp;$18006939 |
|  |  | &nbsp;&nbsp;**$18006939** |
| Slovenia — 0.5% | Slovenia — 0.5% | Slovenia — 0.5% |
| Nova Ljubljanska Banka DD GDR<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646588 | &nbsp;&nbsp;$33911248 |
|  |  | &nbsp;&nbsp;**$33911248** |
| Switzerland — 0.0%<sup>†</sup> | Switzerland — 0.0%<sup>†</sup> | Switzerland — 0.0%<sup>†</sup> |
| Oculis Holding AG<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109990 | &nbsp;&nbsp;$2960707 |
|  |  | &nbsp;&nbsp;**$2960707** |
| United Arab Emirates — 0.5% | United Arab Emirates — 0.5% | United Arab Emirates — 0.5% |
| Aldar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;6708220 | &nbsp;&nbsp;$14108084 |
| Emaar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;6560680 | &nbsp;&nbsp;&nbsp;&nbsp; 21125379 |
|  |  | &nbsp;&nbsp;**$35233463** |

---

*14*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| United States — 0.0%<sup>†</sup> | United States — 0.0%<sup>†</sup> | United States — 0.0%<sup>†</sup> |
| JBT Marel Corp.<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10075 | &nbsp;&nbsp;$1189858 |
| JBT Marel Corp.<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8125 | &nbsp;&nbsp;&nbsp;&nbsp; 967677 |
|  |  | &nbsp;&nbsp;**$2157535** |
| Vietnam — 2.1% | Vietnam — 2.1% | Vietnam — 2.1% |
| Asia Commercial Bank JSC | &nbsp;&nbsp;&nbsp;&nbsp;7657100 | &nbsp;&nbsp;$6848797 |
| Bank for Foreign Trade of Vietnam JSC | &nbsp;&nbsp;&nbsp;&nbsp;1915167 | &nbsp;&nbsp;&nbsp;&nbsp; 4359587 |
| Bank for Investment & Development of Vietnam JSC | &nbsp;&nbsp;&nbsp;&nbsp;3339500 | &nbsp;&nbsp;&nbsp;&nbsp; 5092876 |
| Binh Minh Plastics JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334600 | &nbsp;&nbsp;&nbsp;&nbsp; 1842395 |
| Coteccons Construction JSC | &nbsp;&nbsp;&nbsp;&nbsp;1639858 | &nbsp;&nbsp;&nbsp;&nbsp; 5429231 |
| Duc Giang Chemicals JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320200 | &nbsp;&nbsp;&nbsp;&nbsp; 652000 |
| FPT Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2237067 | &nbsp;&nbsp;&nbsp;&nbsp; 6427457 |
| FPT Digital Retail JSC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717000 | &nbsp;&nbsp;&nbsp;&nbsp; 4049686 |
| Gemadept Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2640400 | &nbsp;&nbsp;&nbsp;&nbsp; 7559292 |
| Hoa Phat Group JSC | &nbsp;&nbsp;&nbsp;&nbsp;5620415 | &nbsp;&nbsp;&nbsp;&nbsp; 5927479 |
| IDICO Corp. JSC | &nbsp;&nbsp;&nbsp;&nbsp;1239555 | &nbsp;&nbsp;&nbsp;&nbsp; 2125501 |
| Khang Dien House Trading & Investment JSC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2691603 | &nbsp;&nbsp;&nbsp;&nbsp; 2598822 |
| KIDO Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62877 | &nbsp;&nbsp;&nbsp;&nbsp; 104480 |
| Kinh Bac City Development Holding Corp.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2639200 | &nbsp;&nbsp;&nbsp;&nbsp; 3398449 |
| Masan Group Corp.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1882640 | &nbsp;&nbsp;&nbsp;&nbsp; 5492892 |
| Military Commercial Joint Stock Bank | &nbsp;&nbsp;&nbsp;&nbsp;5066912 | &nbsp;&nbsp;&nbsp;&nbsp; 5021871 |
| Mobile World Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;3423800 | &nbsp;&nbsp;&nbsp;&nbsp; 10950922 |
| Nam Long Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4585392 | &nbsp;&nbsp;&nbsp;&nbsp; 4836933 |
| PetroVietnam Gas JSC | &nbsp;&nbsp;&nbsp;&nbsp;1609000 | &nbsp;&nbsp;&nbsp;&nbsp; 4607226 |
| Phat Dat Real Estate Development Corp.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;914112 | &nbsp;&nbsp;&nbsp;&nbsp; 573807 |
| Phu Nhuan Jewelry JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991299 | &nbsp;&nbsp;&nbsp;&nbsp; 2549187 |
| Refrigeration Electrical Engineering Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1136530 | &nbsp;&nbsp;&nbsp;&nbsp; 2603509 |
| Saigon Beer Alcohol Beverage Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1603300 | &nbsp;&nbsp;&nbsp;&nbsp; 2891266 |
| Saigon Thuong Tin Commercial JSB<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1609900 | &nbsp;&nbsp;&nbsp;&nbsp; 4131962 |
| SSI Securities Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4638951 | &nbsp;&nbsp;&nbsp;&nbsp; 4895458 |
| Techcom Securities JSC | &nbsp;&nbsp;&nbsp;&nbsp;2597536 | &nbsp;&nbsp;&nbsp;&nbsp; 5006960 |
| Vietnam Dairy Products JSC | &nbsp;&nbsp;&nbsp;&nbsp;3484296 | &nbsp;&nbsp;&nbsp;&nbsp; 8074895 |
| Vietnam Joint Stock Commercial Bank for Industry & Trade | &nbsp;&nbsp;&nbsp;&nbsp;1290592 | &nbsp;&nbsp;&nbsp;&nbsp; 1717027 |
| Vietnam Prosperity JSC Bank | &nbsp;&nbsp;&nbsp;&nbsp;1777200 | &nbsp;&nbsp;&nbsp;&nbsp; 1786999 |
| Vietnam Technological & Commercial Joint Stock Bank | &nbsp;&nbsp;&nbsp;&nbsp;3295200 | &nbsp;&nbsp;&nbsp;&nbsp; 4233825 |
| Vingroup JSC<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1752104 | &nbsp;&nbsp;&nbsp;&nbsp; 14343729 |
| Vinh Hoan Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695100 | &nbsp;&nbsp;&nbsp;&nbsp; 1614594 |
| Vinhomes JSC<sup>(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1727300 | &nbsp;&nbsp;&nbsp;&nbsp; 9613939 |
| VP Bank Securities Ltd. Co.<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2455448 | &nbsp;&nbsp;&nbsp;&nbsp; 2565272 |
|  |  | &nbsp;&nbsp;**$153928325** |
| Total Common Stocks<br> (identified cost $657,794,483) |  | &nbsp;&nbsp;**$794796420** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Bonds — 0.0%<sup>†</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> |
| Sunac China Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 6/23/26<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4538 | &nbsp;&nbsp;$743022 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/23/28<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3353 | &nbsp;&nbsp;&nbsp;&nbsp; 863335 |
| Times China Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 3/30/27<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4149 | &nbsp;&nbsp;&nbsp;&nbsp; 22984 |
| &nbsp;&nbsp;&nbsp;0.00%, 3/30/27<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp; 6450 |
| Total Convertible Bonds<br> (identified cost $2,888,867) |  |  | &nbsp;&nbsp;**$1635791** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Credit Linked Notes — 0.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| South Africa — 0.1% | South Africa — 0.1% | South Africa — 0.1% | South Africa — 0.1% |
| Absa Bank Ltd. (United Republic of Tanzania): |  |  |  |
| &nbsp;&nbsp;&nbsp;13.50%, 8/2/35<sup>(8)</sup> | TZS | 16461000 | &nbsp;&nbsp;$7519355 |
| &nbsp;&nbsp;&nbsp;13.75%, 9/27/50<sup>(8)</sup> | TZS | &nbsp;&nbsp;&nbsp;&nbsp;5582000 | &nbsp;&nbsp;&nbsp;&nbsp; 2467859 |
| Total Credit Linked Notes<br> (identified cost $9,742,437) |  |  | &nbsp;&nbsp;**$9987214** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Foreign Corporate Bonds — 8.0%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Angola — 0.2% | Angola — 0.2% | Angola — 0.2% | Angola — 0.2% |
| Sonangol Finance Ltd., 10.00%, 1/29/31<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11545 | &nbsp;&nbsp;$11823778 |
|  |  |  | &nbsp;&nbsp;**$11823778** |
| Argentina — 0.1% | Argentina — 0.1% | Argentina — 0.1% | Argentina — 0.1% |
| Generacion Mediterranea SA/Central Termica Roca SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;11.00%, 11/1/31<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690 | &nbsp;&nbsp;$520950 |
| &nbsp;&nbsp;&nbsp;11.00%, 11/1/31<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3709 | &nbsp;&nbsp;&nbsp;&nbsp; 2800617 |
|  |  |  | &nbsp;&nbsp;**$3321567** |
| Brazil — 0.9% | Brazil — 0.9% | Brazil — 0.9% | Brazil — 0.9% |
| Braskem Netherlands Finance BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 1/31/30<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26329 | &nbsp;&nbsp;$15584398 |
| &nbsp;&nbsp;&nbsp;7.25%, 2/13/33<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18119 | &nbsp;&nbsp;&nbsp;&nbsp; 10395776 |
| &nbsp;&nbsp;&nbsp;8.00%, 10/15/34<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14962 | &nbsp;&nbsp;&nbsp;&nbsp; 8762346 |
| Raizen Fuels Finance SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.70%, 1/17/35<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19700 | &nbsp;&nbsp;&nbsp;&nbsp; 10800525 |
| &nbsp;&nbsp;&nbsp;6.25%, 7/8/32<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25639 | &nbsp;&nbsp;&nbsp;&nbsp; 14101450 |

---

*15*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Brazil (continued) | Brazil (continued) | Brazil (continued) | Brazil (continued) |
| Raizen Fuels Finance SA: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;6.45%, 3/5/34<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3814 | &nbsp;&nbsp;$2081014 |
|  |  |  | &nbsp;&nbsp;**$61725509** |
| China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> | China — 0.0%<sup>†</sup> |
| KWG Group Holdings Ltd., 7.875%, 8/30/24<sup>(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2385 | &nbsp;&nbsp;$131175 |
| Shimao Group Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, (2.00% cash or 3.00% PIK), 7/21/32<sup>(3)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859 | &nbsp;&nbsp;&nbsp;&nbsp; 25768 |
| &nbsp;&nbsp;&nbsp;2.00%, (2.00% cash or 3.00% PIK), 7/21/33<sup>(3)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1288 | &nbsp;&nbsp;&nbsp;&nbsp; 28989 |
| &nbsp;&nbsp;&nbsp;2.00%, (2.00% cash or 3.00% PIK), 1/21/34<sup>(3)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1288 | &nbsp;&nbsp;&nbsp;&nbsp; 26850 |
| &nbsp;&nbsp;&nbsp;5.95%, (5.00% cash or 6.00% PIK), 7/21/31<sup>(3)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4762 | &nbsp;&nbsp;&nbsp;&nbsp; 178576 |
| Times China Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 3/30/29<sup>(3)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929 | &nbsp;&nbsp;&nbsp;&nbsp; 31356 |
| &nbsp;&nbsp;&nbsp;4.20%, 9/30/32<sup>(3)(10)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3466 | &nbsp;&nbsp;&nbsp;&nbsp; 108305 |
|  |  |  | &nbsp;&nbsp;**$531019** |
| Georgia — 0.2% | Georgia — 0.2% | Georgia — 0.2% | Georgia — 0.2% |
| TBC Bank Group PLC, 22.00%, 6/5/28<sup>(3)</sup> | UZS | 163450000 | &nbsp;&nbsp;$13760492 |
|  |  |  | &nbsp;&nbsp;**$13760492** |
| Iceland — 0.0% | Iceland — 0.0% | Iceland — 0.0% | Iceland — 0.0% |
| Wow Air Hf., 0.00%, (3 mo. EURIBOR + 9.00%)<sup>(9)(11)(12)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5621 | &nbsp;&nbsp;$0 |
|  |  |  | &nbsp;&nbsp;**$0** |
| India — 0.3% | India — 0.3% | India — 0.3% | India — 0.3% |
| Porteast Investment Pvt Ltd., 0.00%, 5/29/28 | INR | &nbsp;&nbsp;&nbsp;&nbsp;1950000 | &nbsp;&nbsp;$24740251 |
|  |  |  | &nbsp;&nbsp;**$24740251** |
| Kazakhstan — 0.6% | Kazakhstan — 0.6% | Kazakhstan — 0.6% | Kazakhstan — 0.6% |
| Development Bank of Kazakhstan JSC, 13.00%, 4/15/27<sup>(3)</sup> | KZT | 10204000 | &nbsp;&nbsp;$21355181 |
| ForteBank JSC: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.75%, 2/4/30<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5051 | &nbsp;&nbsp;&nbsp;&nbsp; 5215740 |
| &nbsp;&nbsp;&nbsp;9.75% to 11/3/30<sup>(7)(12)(13)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17500 | &nbsp;&nbsp;&nbsp;&nbsp; 17952935 |
|  |  |  | &nbsp;&nbsp;**$44523856** |
| Kyrgyzstan — 0.2% | Kyrgyzstan — 0.2% | Kyrgyzstan — 0.2% | Kyrgyzstan — 0.2% |
| Eldik Bank OAO, 8.50%, 4/23/31<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14210 | &nbsp;&nbsp;$14249386 |
|  |  |  | &nbsp;&nbsp;**$14249386** |
| Mexico — 0.0%<sup>†</sup> | Mexico — 0.0%<sup>†</sup> | Mexico — 0.0%<sup>†</sup> | Mexico — 0.0%<sup>†</sup> |
| Alpha Holding SA de CV: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.00%, 2/10/25<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5542 | &nbsp;&nbsp;$41567 |
| &nbsp;&nbsp;&nbsp;10.00%, 12/19/22<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2697 | &nbsp;&nbsp;&nbsp;&nbsp; 20227 |
|  |  |  | &nbsp;&nbsp;**$61794** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Mongolia — 0.1% | Mongolia — 0.1% | Mongolia — 0.1% | Mongolia — 0.1% |
| State Bank JSC, 8.90%, 9/25/28<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9890 | &nbsp;&nbsp;$9872362 |
|  |  |  | &nbsp;&nbsp;**$9872362** |
| Supranational — 0.1% | Supranational — 0.1% | Supranational — 0.1% | Supranational — 0.1% |
| Asian Development Bank, 14.50%, 6/26/28 | UZS | 66427600 | &nbsp;&nbsp;$5744085 |
| European Bank for Reconstruction & Development, 17.35%, 3/1/27<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1282 | &nbsp;&nbsp;&nbsp;&nbsp; 1339509 |
|  |  |  | &nbsp;&nbsp;**$7083594** |
| Ukraine — 0.5% | Ukraine — 0.5% | Ukraine — 0.5% | Ukraine — 0.5% |
| Kernel Holding SA, 6.75%, 10/27/27<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5284 | &nbsp;&nbsp;$5125317 |
| MHP Lux SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 9/19/29<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2676 | &nbsp;&nbsp;&nbsp;&nbsp; 2424092 |
| &nbsp;&nbsp;&nbsp;6.25%, 9/19/29<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5868 | &nbsp;&nbsp;&nbsp;&nbsp; 5315610 |
| &nbsp;&nbsp;&nbsp;10.50%, 7/28/29<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23172 | &nbsp;&nbsp;&nbsp;&nbsp; 23791006 |
|  |  |  | &nbsp;&nbsp;**$36656025** |
| Uzbekistan — 2.9% | Uzbekistan — 2.9% | Uzbekistan — 2.9% | Uzbekistan — 2.9% |
| Heritage Lending Group BV, 19.50%, 5/5/29 | UZS | 851290000 | &nbsp;&nbsp;$71311654 |
| Ipoteka-Bank ATIB: |  |  |  |
| &nbsp;&nbsp;&nbsp;17.50%, 10/9/28<sup>(7)</sup> | UZS | 153630000 | &nbsp;&nbsp;&nbsp;&nbsp; 13303289 |
| &nbsp;&nbsp;&nbsp;20.50%, 4/25/27<sup>(7)</sup> | UZS | 234440000 | &nbsp;&nbsp;&nbsp;&nbsp; 20669350 |
| JSCB Agrobank: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.25%, 10/2/29<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5911 | &nbsp;&nbsp;&nbsp;&nbsp; 6443947 |
| &nbsp;&nbsp;&nbsp;20.75%, 9/15/28 | UZS | 584720000 | &nbsp;&nbsp;&nbsp;&nbsp; 51274090 |
| Uzbek Industrial & Construction Bank ATB: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.45% to 10/23/30<sup>(7)(12)(13)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27400 | &nbsp;&nbsp;&nbsp;&nbsp; 28635971 |
| &nbsp;&nbsp;&nbsp;19.95%, 4/25/28<sup>(7)</sup> | UZS | 211050000 | &nbsp;&nbsp;&nbsp;&nbsp; 19247106 |
| &nbsp;&nbsp;&nbsp;21.00%, 7/24/27<sup>(7)</sup> | UZS | 10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 904869 |
|  |  |  | &nbsp;&nbsp;**$211790276** |
| Venezuela — 1.9% | Venezuela — 1.9% | Venezuela — 1.9% | Venezuela — 1.9% |
| Petroleos de Venezuela SA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 4/12/27<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26099 | &nbsp;&nbsp;$9884958 |
| &nbsp;&nbsp;&nbsp;6.00%, 10/28/22<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73535 | &nbsp;&nbsp;&nbsp;&nbsp; 26288895 |
| &nbsp;&nbsp;&nbsp;6.00%, 5/16/24<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18890 | &nbsp;&nbsp;&nbsp;&nbsp; 7459776 |
| &nbsp;&nbsp;&nbsp;6.00%, 11/15/26<sup>(7)(9)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29613 | &nbsp;&nbsp;&nbsp;&nbsp; 11771026 |
| &nbsp;&nbsp;&nbsp;8.50%, 10/20/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252 | &nbsp;&nbsp;&nbsp;&nbsp; 290483 |
| &nbsp;&nbsp;&nbsp;8.50%, 10/20/27 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28407 | &nbsp;&nbsp;&nbsp;&nbsp; 32810085 |
| &nbsp;&nbsp;&nbsp;9.00%, 11/17/21<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29427 | &nbsp;&nbsp;&nbsp;&nbsp; 13389336 |
| &nbsp;&nbsp;&nbsp;9.75%, 5/17/35<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34858 | &nbsp;&nbsp;&nbsp;&nbsp; 16513988 |
| &nbsp;&nbsp;&nbsp;12.75%, 2/17/22<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36784 | &nbsp;&nbsp;&nbsp;&nbsp; 18925487 |
|  |  |  | &nbsp;&nbsp;**$137334034** |
| Total Foreign Corporate Bonds<br> (identified cost $504,334,050) |  |  | &nbsp;&nbsp;**$577473943** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*16*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

Insurance Linked Securities — 2.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Reinsurance Side Cars — 1.4% |  |  |
| Beacon RE<sup>(5)(11)(15)(16)</sup> | 11813778 | &nbsp;&nbsp;$11890568 |
| Beacon RE<sup>(5)(11)(15)(16)</sup> | 14186222 | &nbsp;&nbsp;&nbsp;&nbsp; 14186222 |
| Eden Re II Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024A, 0.00%, 3/17/28<sup>(3)(11)(15)(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136842 | &nbsp;&nbsp;&nbsp;&nbsp; 360209 |
| &nbsp;&nbsp;&nbsp;Series 2025A, 0.00%, 3/19/30<sup>(3)(11)(15)(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418605 | &nbsp;&nbsp;&nbsp;&nbsp; 2619586 |
| Mt. Logan Re Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Participating Units<sup>(5)(11)(15)(16)</sup> | 23000000 | &nbsp;&nbsp;&nbsp;&nbsp; 24189100 |
| &nbsp;&nbsp;&nbsp;Series A-1<sup>(11)(16)(17)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp; 12943177 |
| PartnerRe Ltd.<sup>(5)(11)(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;&nbsp;&nbsp; 33321600 |
|  |  | &nbsp;&nbsp;**$99510462** |
| Segregated Account/Funds — 0.7% |  |  |
| 1863 Fund Ltd. - Core Nat Cat Fund<sup>(5)(11)(16)</sup> | 26351916 | &nbsp;&nbsp;$35416975 |
| PartnerRe ILS Fund SAC Ltd.<sup>(5)(11)(16)(17)</sup> | 13000000 | &nbsp;&nbsp;&nbsp;&nbsp; 18297500 |
|  |  | &nbsp;&nbsp;**$53714475** |
| Total Insurance Linked Securities<br> (identified cost $131,156,645) |  | &nbsp;&nbsp;**$153224937** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Loan Participation Notes — 0.2%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Uzbekistan — 0.2% | Uzbekistan — 0.2% | Uzbekistan — 0.2% | Uzbekistan — 0.2% |
| Europe Asia Investment Finance BV (borrower - Joint Stock Commercial Bank "Asaka"), 18.70%, 7/21/26<sup>(7)(11)(18)</sup> | UZS | 165770905 | &nbsp;&nbsp;$13918335 |
| Total Loan Participation Notes<br> (identified cost $14,211,296) |  |  | &nbsp;&nbsp;**$13918335** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Senior Floating-Rate Loans — 2.5%<sup>(19)</sup>

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Argentina — 1.1% | Argentina — 1.1% | Argentina — 1.1% |
| Provincia De Neuquen: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.072%, (1 mo. USD Term SOFR + 7.30%), 5/28/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2093 | &nbsp;&nbsp;$2113768 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.072%, (1 mo. USD Term SOFR + 7.30%), 5/28/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1613 | &nbsp;&nbsp;&nbsp;&nbsp; 1629368 |
| VMOS SA: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.075% - 9.188%, (6 mo. USD Term SOFR + 5.50%), 7/8/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45678 | &nbsp;&nbsp;&nbsp;&nbsp; 46343239 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7/8/30<sup>(20)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31612 | &nbsp;&nbsp;&nbsp;&nbsp; 31611610 |
|  |  | &nbsp;&nbsp;**$81697985** |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Suriname — 1.4% | Suriname — 1.4% | Suriname — 1.4% |
| Staatsolie Maatschappij Suriname NV: |  |  |
| &nbsp;&nbsp;&nbsp;Revolving Loan, 4/26/32<sup>(20)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88688 | &nbsp;&nbsp;$88687596 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.167%, (3 mo. USD Term SOFR + 5.50%), 5/24/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9312 | &nbsp;&nbsp;&nbsp;&nbsp; 9446866 |
|  |  | &nbsp;&nbsp;**$98134462** |
| Total Senior Floating-Rate Loans<br> (identified cost $178,441,171) |  | &nbsp;&nbsp;**$179832447** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Government Bonds — 48.5%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Albania — 1.1% | Albania — 1.1% | Albania — 1.1% | Albania — 1.1% |
| Albanian Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 1/10/28 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92900 | &nbsp;&nbsp;$1148586 |
| &nbsp;&nbsp;&nbsp;3.90%, 1/22/30 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315900 | &nbsp;&nbsp;&nbsp;&nbsp; 3973088 |
| &nbsp;&nbsp;&nbsp;4.05%, 2/7/32 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;732800 | &nbsp;&nbsp;&nbsp;&nbsp; 9196985 |
| &nbsp;&nbsp;&nbsp;4.30%, 7/10/27 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805900 | &nbsp;&nbsp;&nbsp;&nbsp; 10000616 |
| &nbsp;&nbsp;&nbsp;4.70%, 2/23/27 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197200 | &nbsp;&nbsp;&nbsp;&nbsp; 2447844 |
| &nbsp;&nbsp;&nbsp;4.95%, 7/22/29 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;2338600 | &nbsp;&nbsp;&nbsp;&nbsp; 30400703 |
| &nbsp;&nbsp;&nbsp;5.25%, 1/26/29 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;1230400 | &nbsp;&nbsp;&nbsp;&nbsp; 15990506 |
| &nbsp;&nbsp;&nbsp;5.25%, 1/23/35 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345600 | &nbsp;&nbsp;&nbsp;&nbsp; 4523624 |
| &nbsp;&nbsp;&nbsp;5.59%, 2/19/40 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237700 | &nbsp;&nbsp;&nbsp;&nbsp; 3090538 |
| &nbsp;&nbsp;&nbsp;6.13%, 7/25/34 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83800 | &nbsp;&nbsp;&nbsp;&nbsp; 1155262 |
|  |  |  | &nbsp;&nbsp;**$81927752** |
| Angola — 0.5% | Angola — 0.5% | Angola — 0.5% | Angola — 0.5% |
| Angola Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.125%, 11/26/49<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11814 | &nbsp;&nbsp;$11308839 |
| &nbsp;&nbsp;&nbsp;9.244%, 1/15/31<sup>(7)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10961 | &nbsp;&nbsp;&nbsp;&nbsp; 11707071 |
| &nbsp;&nbsp;&nbsp;9.375%, 3/31/33<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13133 | &nbsp;&nbsp;&nbsp;&nbsp; 13923117 |
|  |  |  | &nbsp;&nbsp;**$36939027** |
| Argentina — 3.6% | Argentina — 3.6% | Argentina — 3.6% | Argentina — 3.6% |
| Argentina Bonar Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.75% to 7/9/27, 7/9/30<sup>(21)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236908 | &nbsp;&nbsp;$144821861 |
| &nbsp;&nbsp;&nbsp;1.00%, 7/9/29 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1094 | &nbsp;&nbsp;&nbsp;&nbsp; 668762 |
| Province of Santa Fe, 8.10%, 12/11/34<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27879 | &nbsp;&nbsp;&nbsp;&nbsp; 27391118 |
| Provincia de Cordoba: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.60%, 2/3/35<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13469 | &nbsp;&nbsp;&nbsp;&nbsp; 13031258 |
| &nbsp;&nbsp;&nbsp;9.75%, 7/2/32<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19296 | &nbsp;&nbsp;&nbsp;&nbsp; 20101608 |
| &nbsp;&nbsp;&nbsp;9.75%, 7/2/32<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8044 | &nbsp;&nbsp;&nbsp;&nbsp; 8379837 |
| Provincia del Chubut Argentina, 9.45%, 4/29/36<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45743 | &nbsp;&nbsp;&nbsp;&nbsp; 47229647 |
|  |  |  | &nbsp;&nbsp;**$261624091** |

---

*17*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Armenia — 2.6% | Armenia — 2.6% | Armenia — 2.6% | Armenia — 2.6% |
| Republic of Armenia Treasury Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.60%, 4/29/30 | AMD | 11461293 | &nbsp;&nbsp;$31759364 |
| &nbsp;&nbsp;&nbsp;9.00%, 10/29/35 | AMD | 29921394 | &nbsp;&nbsp;&nbsp;&nbsp; 82866955 |
| &nbsp;&nbsp;&nbsp;9.25%, 4/29/28 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;4274790 | &nbsp;&nbsp;&nbsp;&nbsp; 11939575 |
| &nbsp;&nbsp;&nbsp;9.60%, 10/29/33 | AMD | 15725240 | &nbsp;&nbsp;&nbsp;&nbsp; 45283530 |
| &nbsp;&nbsp;&nbsp;9.75%, 10/29/50 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;1586875 | &nbsp;&nbsp;&nbsp;&nbsp; 4630859 |
| &nbsp;&nbsp;&nbsp;9.75%, 10/29/52 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;1720950 | &nbsp;&nbsp;&nbsp;&nbsp; 5010406 |
| &nbsp;&nbsp;&nbsp;12.50%, 10/29/37 | AMD | &nbsp;&nbsp;&nbsp;&nbsp;1713480 | &nbsp;&nbsp;&nbsp;&nbsp; 5881389 |
|  |  |  | &nbsp;&nbsp;**$187372078** |
| Barbados — 0.5% | Barbados — 0.5% | Barbados — 0.5% | Barbados — 0.5% |
| Barbados Government International Bonds, 8.00%, 6/26/35<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29988 | &nbsp;&nbsp;$32232602 |
|  |  |  | &nbsp;&nbsp;**$32232602** |
| Benin — 0.1% | Benin — 0.1% | Benin — 0.1% | Benin — 0.1% |
| Benin Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 1/19/32<sup>(7)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1489 | &nbsp;&nbsp;$1683959 |
| &nbsp;&nbsp;&nbsp;4.95%, 1/22/35<sup>(7)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1365 | &nbsp;&nbsp;&nbsp;&nbsp; 1449376 |
| Benin Sukuk SA, 6.20%, 1/29/33<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3798 | &nbsp;&nbsp;&nbsp;&nbsp; 3606108 |
|  |  |  | &nbsp;&nbsp;**$6739443** |
| Bosnia and Herzegovina — 0.6% | Bosnia and Herzegovina — 0.6% | Bosnia and Herzegovina — 0.6% | Bosnia and Herzegovina — 0.6% |
| Republic of Srpska International Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 4/2/31<sup>(7)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11980 | &nbsp;&nbsp;$14266179 |
| &nbsp;&nbsp;&nbsp;6.375%, 5/8/33<sup>(7)(22)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27220 | &nbsp;&nbsp;&nbsp;&nbsp; 31346146 |
|  |  |  | &nbsp;&nbsp;**$45612325** |
| Brazil — 1.9% | Brazil — 1.9% | Brazil — 1.9% | Brazil — 1.9% |
| Brazil Notas do Tesouro Nacional, 6.00%, 5/15/35<sup>(23)</sup> | BRL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151499 | &nbsp;&nbsp;$134366539 |
|  |  |  | &nbsp;&nbsp;**$134366539** |
| Congo — 0.4% | Congo — 0.4% | Congo — 0.4% | Congo — 0.4% |
| DRC International Bonds, 9.50%, 4/16/37<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27561 | &nbsp;&nbsp;$28192529 |
|  |  |  | &nbsp;&nbsp;**$28192529** |
| Egypt — 3.1% | Egypt — 3.1% | Egypt — 3.1% | Egypt — 3.1% |
| Egypt Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;19.98%, 5/20/30 | EGP | &nbsp;&nbsp;&nbsp;&nbsp;6960848 | &nbsp;&nbsp;$129241194 |
| &nbsp;&nbsp;&nbsp;24.458%, 10/1/27 | EGP | &nbsp;&nbsp;&nbsp;&nbsp;3376355 | &nbsp;&nbsp;&nbsp;&nbsp; 62542727 |
| Egypt Government International Bonds, 9.45%, 2/4/33<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27153 | &nbsp;&nbsp;&nbsp;&nbsp; 29369625 |
|  |  |  | &nbsp;&nbsp;**$221153546** |
| Ethiopia — 1.1% | Ethiopia — 1.1% | Ethiopia — 1.1% | Ethiopia — 1.1% |
| Ethiopia Government International Bonds, 6.625%, 12/11/24<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78039 | &nbsp;&nbsp;$80556538 |
|  |  |  | &nbsp;&nbsp;**$80556538** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Georgia — 0.1% | Georgia — 0.1% | Georgia — 0.1% | Georgia — 0.1% |
| Georgia Government International Bonds, 5.125%, 1/28/31<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10867 | &nbsp;&nbsp;$10560807 |
|  |  |  | &nbsp;&nbsp;**$10560807** |
| Hungary — 0.6% | Hungary — 0.6% | Hungary — 0.6% | Hungary — 0.6% |
| Hungary Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 10/27/38 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;9261420 | &nbsp;&nbsp;$22151873 |
| &nbsp;&nbsp;&nbsp;3.00%, 4/25/41 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;6469350 | &nbsp;&nbsp;&nbsp;&nbsp; 14799054 |
| &nbsp;&nbsp;&nbsp;4.00%, 4/28/51 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;774760 | &nbsp;&nbsp;&nbsp;&nbsp; 1841976 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/24/35 | HUF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567020 | &nbsp;&nbsp;&nbsp;&nbsp; 1962999 |
|  |  |  | &nbsp;&nbsp;**$40755902** |
| India — 1.8% | India — 1.8% | India — 1.8% | India — 1.8% |
| India Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.09%, 8/5/54 | INR | &nbsp;&nbsp;&nbsp;&nbsp;2243370 | &nbsp;&nbsp;$22333566 |
| &nbsp;&nbsp;&nbsp;7.24%, 8/18/55 | INR | 10279700 | &nbsp;&nbsp;&nbsp;&nbsp; 104169513 |
|  |  |  | &nbsp;&nbsp;**$126503079** |
| Kazakhstan — 4.4% | Kazakhstan — 4.4% | Kazakhstan — 4.4% | Kazakhstan — 4.4% |
| Kazakhstan Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/18/28 | KZT | 15551379 | &nbsp;&nbsp;$27568228 |
| &nbsp;&nbsp;&nbsp;5.50%, 9/20/28 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84294 | &nbsp;&nbsp;&nbsp;&nbsp; 145860 |
| &nbsp;&nbsp;&nbsp;5.50%, 4/24/32 | KZT | 17761889 | &nbsp;&nbsp;&nbsp;&nbsp; 23984952 |
| &nbsp;&nbsp;&nbsp;7.22%, 12/10/28 | KZT | 11841259 | &nbsp;&nbsp;&nbsp;&nbsp; 21030904 |
| &nbsp;&nbsp;&nbsp;7.68%, 8/13/29 | KZT | 15393637 | &nbsp;&nbsp;&nbsp;&nbsp; 26748661 |
| &nbsp;&nbsp;&nbsp;8.44%, 5/10/31 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;6512693 | &nbsp;&nbsp;&nbsp;&nbsp; 10701651 |
| &nbsp;&nbsp;&nbsp;8.66%, 4/4/33 | KZT | 12486696 | &nbsp;&nbsp;&nbsp;&nbsp; 19393689 |
| &nbsp;&nbsp;&nbsp;10.55%, 7/28/29 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;4438057 | &nbsp;&nbsp;&nbsp;&nbsp; 8382466 |
| &nbsp;&nbsp;&nbsp;10.69%, 8/23/33 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;3558449 | &nbsp;&nbsp;&nbsp;&nbsp; 6106224 |
| &nbsp;&nbsp;&nbsp;11.05%, 1/28/37 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709847 | &nbsp;&nbsp;&nbsp;&nbsp; 1169174 |
| &nbsp;&nbsp;&nbsp;14.00%, 5/12/31 | KZT | 13820559 | &nbsp;&nbsp;&nbsp;&nbsp; 28188543 |
| &nbsp;&nbsp;&nbsp;14.00%, 5/19/32 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126440 | &nbsp;&nbsp;&nbsp;&nbsp; 256752 |
| &nbsp;&nbsp;&nbsp;14.00%, 2/13/35 | KZT | 20900243 | &nbsp;&nbsp;&nbsp;&nbsp; 41893998 |
| &nbsp;&nbsp;&nbsp;14.45%, 6/5/33 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;5379480 | &nbsp;&nbsp;&nbsp;&nbsp; 11077528 |
| &nbsp;&nbsp;&nbsp;14.50%, 3/6/34 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;2368251 | &nbsp;&nbsp;&nbsp;&nbsp; 4875392 |
| &nbsp;&nbsp;&nbsp;14.60%, 3/6/32 | KZT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380338 | &nbsp;&nbsp;&nbsp;&nbsp; 790000 |
| &nbsp;&nbsp;&nbsp;15.18%, 2/5/32 | KZT | 16770819 | &nbsp;&nbsp;&nbsp;&nbsp; 35577131 |
| &nbsp;&nbsp;&nbsp;16.95%, 10/9/30 | KZT | 20410570 | &nbsp;&nbsp;&nbsp;&nbsp; 45854657 |
|  |  |  | &nbsp;&nbsp;**$313745810** |
| Kenya — 0.2% | Kenya — 0.2% | Kenya — 0.2% | Kenya — 0.2% |
| Republic of Kenya Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.875%, 10/9/33<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5259 | &nbsp;&nbsp;$5023766 |
| &nbsp;&nbsp;&nbsp;8.70%, 2/26/39<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4216 | &nbsp;&nbsp;&nbsp;&nbsp; 3984149 |
| &nbsp;&nbsp;&nbsp;8.80%, 10/9/38<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3674 | &nbsp;&nbsp;&nbsp;&nbsp; 3504068 |
|  |  |  | &nbsp;&nbsp;**$12511983** |
| Lebanon — 1.7% | Lebanon — 1.7% | Lebanon — 1.7% | Lebanon — 1.7% |
| Lebanon Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.80%, 4/14/20<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61026 | &nbsp;&nbsp;$15561630 |

---

*18*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Lebanon (continued) | Lebanon (continued) | Lebanon (continued) | Lebanon (continued) |
| Lebanon Government International Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 1/27/23<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15424 | &nbsp;&nbsp;$3911912 |
| &nbsp;&nbsp;&nbsp;6.10%, 10/4/22<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54098 | &nbsp;&nbsp;&nbsp;&nbsp; 13691122 |
| &nbsp;&nbsp;&nbsp;6.15%, 6/19/20<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13831 | &nbsp;&nbsp;&nbsp;&nbsp; 3503133 |
| &nbsp;&nbsp;&nbsp;6.20%, 2/26/25<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7871 | &nbsp;&nbsp;&nbsp;&nbsp; 2004130 |
| &nbsp;&nbsp;&nbsp;6.25%, 5/27/22<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7356 | &nbsp;&nbsp;&nbsp;&nbsp; 1864930 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/4/24<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7665 | &nbsp;&nbsp;&nbsp;&nbsp; 1941640 |
| &nbsp;&nbsp;&nbsp;6.25%, 6/12/25<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10667 | &nbsp;&nbsp;&nbsp;&nbsp; 2720085 |
| &nbsp;&nbsp;&nbsp;6.375%, 3/9/20<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1502 | &nbsp;&nbsp;&nbsp;&nbsp; 381606 |
| &nbsp;&nbsp;&nbsp;6.40%, 5/26/23<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50759 | &nbsp;&nbsp;&nbsp;&nbsp; 12947352 |
| &nbsp;&nbsp;&nbsp;6.60%, 11/27/26<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8656 | &nbsp;&nbsp;&nbsp;&nbsp; 2197979 |
| &nbsp;&nbsp;&nbsp;6.65%, 4/22/24<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55574 | &nbsp;&nbsp;&nbsp;&nbsp; 14174149 |
| &nbsp;&nbsp;&nbsp;6.65%, 11/3/28<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6797 | &nbsp;&nbsp;&nbsp;&nbsp; 1731508 |
| &nbsp;&nbsp;&nbsp;6.65%, 2/26/30<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12184 | &nbsp;&nbsp;&nbsp;&nbsp; 3137246 |
| &nbsp;&nbsp;&nbsp;6.75%, 11/29/27<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22648 | &nbsp;&nbsp;&nbsp;&nbsp; 5801693 |
| &nbsp;&nbsp;&nbsp;6.85%, 3/23/27<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6022 | &nbsp;&nbsp;&nbsp;&nbsp; 1530800 |
| &nbsp;&nbsp;&nbsp;6.85%, 5/25/29<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45111 | &nbsp;&nbsp;&nbsp;&nbsp; 11574497 |
| &nbsp;&nbsp;&nbsp;7.00%, 12/3/24<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6240 | &nbsp;&nbsp;&nbsp;&nbsp; 1584492 |
| &nbsp;&nbsp;&nbsp;7.00%, 3/20/28<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18624 | &nbsp;&nbsp;&nbsp;&nbsp; 4769398 |
| &nbsp;&nbsp;&nbsp;7.00%, 4/22/31<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28145 | &nbsp;&nbsp;&nbsp;&nbsp; 7378476 |
| &nbsp;&nbsp;&nbsp;7.00%, 3/23/32<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8060 | &nbsp;&nbsp;&nbsp;&nbsp; 2114621 |
| &nbsp;&nbsp;&nbsp;7.05%, 11/2/35<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4499 | &nbsp;&nbsp;&nbsp;&nbsp; 1178459 |
| &nbsp;&nbsp;&nbsp;7.25%, 3/23/37<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12191 | &nbsp;&nbsp;&nbsp;&nbsp; 3183139 |
| &nbsp;&nbsp;&nbsp;8.20%, 5/17/33<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4499 | &nbsp;&nbsp;&nbsp;&nbsp; 1186622 |
| &nbsp;&nbsp;&nbsp;8.25%, 4/12/21<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2326 | &nbsp;&nbsp;&nbsp;&nbsp; 618210 |
|  |  |  | &nbsp;&nbsp;**$120688829** |
| Mongolia — 0.3% | Mongolia — 0.3% | Mongolia — 0.3% | Mongolia — 0.3% |
| Mongolia Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.95%, 3/9/32<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509 | &nbsp;&nbsp;$513705 |
| &nbsp;&nbsp;&nbsp;6.625%, 2/25/30<sup>(3)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp; 2471727 |
| &nbsp;&nbsp;&nbsp;6.625%, 2/25/30<sup>(7)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18800 | &nbsp;&nbsp;&nbsp;&nbsp; 19361863 |
| &nbsp;&nbsp;&nbsp;7.875%, 6/5/29<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1490422 |
|  |  |  | &nbsp;&nbsp;**$23837717** |
| Mozambique — 0.0%<sup>†</sup> | Mozambique — 0.0%<sup>†</sup> | Mozambique — 0.0%<sup>†</sup> | Mozambique — 0.0%<sup>†</sup> |
| Mozambique International Bonds, 9.00%, 9/15/31<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2122 | &nbsp;&nbsp;$1744017 |
|  |  |  | &nbsp;&nbsp;**$1744017** |
| New Zealand — 5.3% | New Zealand — 5.3% | New Zealand — 5.3% | New Zealand — 5.3% |
| New Zealand Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 4/15/37<sup>(7)(14)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56655 | &nbsp;&nbsp;$27643797 |
| &nbsp;&nbsp;&nbsp;4.25%, 5/15/34<sup>(14)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95188 | &nbsp;&nbsp;&nbsp;&nbsp; 55037791 |
| &nbsp;&nbsp;&nbsp;4.25%, 5/15/36<sup>(14)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp; 96572353 |
| &nbsp;&nbsp;&nbsp;4.50%, 5/15/35<sup>(14)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135850 | &nbsp;&nbsp;&nbsp;&nbsp; 79354985 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/54<sup>(14)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4140 | &nbsp;&nbsp;&nbsp;&nbsp; 2348443 |
| New Zealand Government Bonds Inflation-Linked: |  |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 9/20/40<sup>(7)(14)(23)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91475 | &nbsp;&nbsp;&nbsp;&nbsp; 51699932 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| New Zealand (continued) | New Zealand (continued) | New Zealand (continued) | New Zealand (continued) |
| New Zealand Government Bonds Inflation-Linked: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 9/20/50<sup>(14)(23)</sup> | NZD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109235 | &nbsp;&nbsp;$65925284 |
|  |  |  | &nbsp;&nbsp;**$378582585** |
| Nigeria — 1.0% | Nigeria — 1.0% | Nigeria — 1.0% | Nigeria — 1.0% |
| Nigeria Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;17.95%, 6/25/32 | NGN | 47578457 | &nbsp;&nbsp;$36447124 |
| &nbsp;&nbsp;&nbsp;18.50%, 2/21/31 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;9820019 | &nbsp;&nbsp;&nbsp;&nbsp; 7644689 |
| &nbsp;&nbsp;&nbsp;19.00%, 2/21/34 | NGN | 24824175 | &nbsp;&nbsp;&nbsp;&nbsp; 20508972 |
| &nbsp;&nbsp;&nbsp;22.60%, 1/29/35 | NGN | 10474688 | &nbsp;&nbsp;&nbsp;&nbsp; 10190005 |
|  |  |  | &nbsp;&nbsp;**$74790790** |
| Paraguay — 0.5% | Paraguay — 0.5% | Paraguay — 0.5% | Paraguay — 0.5% |
| Paraguay Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.90%, 2/9/31<sup>(3)</sup> | PYG | 147849000 | &nbsp;&nbsp;$24215370 |
| &nbsp;&nbsp;&nbsp;7.90%, 2/9/31<sup>(7)</sup> | PYG | 18824000 | &nbsp;&nbsp;&nbsp;&nbsp; 3083079 |
| &nbsp;&nbsp;&nbsp;8.50%, 3/4/35<sup>(3)</sup> | PYG | 44065000 | &nbsp;&nbsp;&nbsp;&nbsp; 7294038 |
|  |  |  | &nbsp;&nbsp;**$34592487** |
| Poland — 1.9% | Poland — 1.9% | Poland — 1.9% | Poland — 1.9% |
| Republic of Poland Government Bonds, 2.00%, 8/25/36<sup>(23)</sup> | PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547441 | &nbsp;&nbsp;$138605449 |
|  |  |  | &nbsp;&nbsp;**$138605449** |
| Serbia — 0.5% | Serbia — 0.5% | Serbia — 0.5% | Serbia — 0.5% |
| Serbia Treasury Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 8/20/32 | RSD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402310 | &nbsp;&nbsp;$3883381 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/26/31 | RSD | &nbsp;&nbsp;&nbsp;&nbsp;2801920 | &nbsp;&nbsp;&nbsp;&nbsp; 30562633 |
|  |  |  | &nbsp;&nbsp;**$34446014** |
| Sri Lanka — 1.4% | Sri Lanka — 1.4% | Sri Lanka — 1.4% | Sri Lanka — 1.4% |
| Sri Lanka Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.75%, 3/15/36<sup>(4)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242761 | &nbsp;&nbsp;$604237 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/37<sup>(4)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242761 | &nbsp;&nbsp;&nbsp;&nbsp; 594827 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/38<sup>(4)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242761 | &nbsp;&nbsp;&nbsp;&nbsp; 589442 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/39<sup>(4)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242761 | &nbsp;&nbsp;&nbsp;&nbsp; 584674 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/40<sup>(4)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242761 | &nbsp;&nbsp;&nbsp;&nbsp; 580452 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/41<sup>(4)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242761 | &nbsp;&nbsp;&nbsp;&nbsp; 576714 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/42<sup>(4)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242761 | &nbsp;&nbsp;&nbsp;&nbsp; 573403 |
| &nbsp;&nbsp;&nbsp;8.75%, 9/15/43<sup>(4)</sup> | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242761 | &nbsp;&nbsp;&nbsp;&nbsp; 570471 |
| &nbsp;&nbsp;&nbsp;9.00%, 10/1/32 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;738000 | &nbsp;&nbsp;&nbsp;&nbsp; 2135765 |
| &nbsp;&nbsp;&nbsp;9.00%, 6/1/33 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp;&nbsp;&nbsp; 568585 |
| &nbsp;&nbsp;&nbsp;9.00%, 11/1/33 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;6703000 | &nbsp;&nbsp;&nbsp;&nbsp; 18979923 |
| &nbsp;&nbsp;&nbsp;9.75%, 7/1/30 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;6185000 | &nbsp;&nbsp;&nbsp;&nbsp; 19176458 |
| &nbsp;&nbsp;&nbsp;10.25%, 9/15/34 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;2860000 | &nbsp;&nbsp;&nbsp;&nbsp; 8608519 |
| &nbsp;&nbsp;&nbsp;10.35%, 10/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505000 | &nbsp;&nbsp;&nbsp;&nbsp; 1603591 |
| &nbsp;&nbsp;&nbsp;11.00%, 10/15/28 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;2388000 | &nbsp;&nbsp;&nbsp;&nbsp; 7696842 |
| &nbsp;&nbsp;&nbsp;11.00%, 9/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;1770000 | &nbsp;&nbsp;&nbsp;&nbsp; 5719626 |
| &nbsp;&nbsp;&nbsp;11.00%, 12/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;3190000 | &nbsp;&nbsp;&nbsp;&nbsp; 10306378 |
| &nbsp;&nbsp;&nbsp;11.00%, 5/15/30 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256000 | &nbsp;&nbsp;&nbsp;&nbsp; 827844 |

---

*19*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Sri Lanka (continued) | Sri Lanka (continued) | Sri Lanka (continued) | Sri Lanka (continued) |
| Sri Lanka Government Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;11.00%, 10/15/30 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;1175000 | &nbsp;&nbsp;$3797966 |
| &nbsp;&nbsp;&nbsp;11.25%, 3/15/31 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210000 | &nbsp;&nbsp;&nbsp;&nbsp; 683990 |
| &nbsp;&nbsp;&nbsp;11.50%, 12/15/32 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;1320000 | &nbsp;&nbsp;&nbsp;&nbsp; 4274654 |
| &nbsp;&nbsp;&nbsp;11.75%, 6/15/29 | LKR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252000 | &nbsp;&nbsp;&nbsp;&nbsp; 829451 |
| Sri Lanka Government International Bonds, 1.50% to 12/15/26, 6/15/38<sup>(3)(21)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14048 | &nbsp;&nbsp;&nbsp;&nbsp; 9370965 |
|  |  |  | &nbsp;&nbsp;**$99254777** |
| Suriname — 1.5% | Suriname — 1.5% | Suriname — 1.5% | Suriname — 1.5% |
| Suriname Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.70%, 11/6/30<sup>(3)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20880 | &nbsp;&nbsp;$21730860 |
| &nbsp;&nbsp;&nbsp;7.70%, 11/6/30<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3609 | &nbsp;&nbsp;&nbsp;&nbsp; 3756067 |
| &nbsp;&nbsp;&nbsp;8.50%, 11/6/35<sup>(3)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77060 | &nbsp;&nbsp;&nbsp;&nbsp; 83741102 |
|  |  |  | &nbsp;&nbsp;**$109228029** |
| Tunisia — 0.0%<sup>†</sup> | Tunisia — 0.0%<sup>†</sup> | Tunisia — 0.0%<sup>†</sup> | Tunisia — 0.0%<sup>†</sup> |
| Tunisian Republic, 3.50%, 2/3/33 | JPY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | &nbsp;&nbsp;$2071758 |
|  |  |  | &nbsp;&nbsp;**$2071758** |
| Turkey — 0.1% | Turkey — 0.1% | Turkey — 0.1% | Turkey — 0.1% |
| Turkiye Government Bonds, 40.918%, 7/4/29<sup>(24)</sup> | TRY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356175 | &nbsp;&nbsp;$7898403 |
|  |  |  | &nbsp;&nbsp;**$7898403** |
| Uganda — 2.0% | Uganda — 2.0% | Uganda — 2.0% | Uganda — 2.0% |
| Republic of Uganda Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;14.25%, 6/22/34 | UGX | &nbsp;&nbsp;&nbsp;&nbsp;1572500 | &nbsp;&nbsp;$403241 |
| &nbsp;&nbsp;&nbsp;14.375%, 2/3/33 | UGX | 11158600 | &nbsp;&nbsp;&nbsp;&nbsp; 2915840 |
| &nbsp;&nbsp;&nbsp;15.00%, 6/18/43 | UGX | 55618000 | &nbsp;&nbsp;&nbsp;&nbsp; 14288345 |
| &nbsp;&nbsp;&nbsp;15.80%, 6/23/39 | UGX | 292811800 | &nbsp;&nbsp;&nbsp;&nbsp; 78942976 |
| &nbsp;&nbsp;&nbsp;16.25%, 11/8/35 | UGX | 162706900 | &nbsp;&nbsp;&nbsp;&nbsp; 45627876 |
|  |  |  | &nbsp;&nbsp;**$142178278** |
| Ukraine — 1.4% | Ukraine — 1.4% | Ukraine — 1.4% | Ukraine — 1.4% |
| Ukraine Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00% to 2/1/27, 2/1/35<sup>(7)(21)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2101 | &nbsp;&nbsp;$1073527 |
| &nbsp;&nbsp;&nbsp;0.00% to 2/1/27, 2/1/36<sup>(7)(21)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10512 | &nbsp;&nbsp;&nbsp;&nbsp; 5376044 |
| &nbsp;&nbsp;&nbsp;4.00% to 2/1/27, 2/1/32<sup>(7)(21)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9553 | &nbsp;&nbsp;&nbsp;&nbsp; 7335466 |
| &nbsp;&nbsp;&nbsp;4.50% to 2/1/27, 2/1/29<sup>(7)(21)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5799 | &nbsp;&nbsp;&nbsp;&nbsp; 4529696 |
| &nbsp;&nbsp;&nbsp;4.50% to 2/1/27, 2/1/34<sup>(7)(21)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47258 | &nbsp;&nbsp;&nbsp;&nbsp; 29047487 |
| &nbsp;&nbsp;&nbsp;4.50% to 2/1/27, 2/1/35<sup>(7)(21)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69797 | &nbsp;&nbsp;&nbsp;&nbsp; 42256709 |
| &nbsp;&nbsp;&nbsp;4.50% to 2/1/27, 2/1/36<sup>(7)(21)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24453 | &nbsp;&nbsp;&nbsp;&nbsp; 14538970 |
|  |  |  | &nbsp;&nbsp;**$104157899** |
| United Arab Emirates — 0.1% | United Arab Emirates — 0.1% | United Arab Emirates — 0.1% | United Arab Emirates — 0.1% |
| Abu Dhabi Government International Bonds, 5.00%, 4/30/34<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;$8196982 |
|  |  |  | &nbsp;&nbsp;**$8196982** |
| Uzbekistan — 4.1% | Uzbekistan — 4.1% | Uzbekistan — 4.1% | Uzbekistan — 4.1% |
| National Bank of Uzbekistan, 19.875%, 7/5/27<sup>(7)</sup> | UZS | 229510000 | &nbsp;&nbsp;$20109806 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Uzbekistan (continued) | Uzbekistan (continued) | Uzbekistan (continued) | Uzbekistan (continued) |
| Republic of Uzbekistan Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 4/13/29 | UZS | 564642500 | &nbsp;&nbsp;$47918616 |
| &nbsp;&nbsp;&nbsp;12.25%, 4/13/29 | UZS | 846963750 | &nbsp;&nbsp;&nbsp;&nbsp; 71877923 |
| &nbsp;&nbsp;&nbsp;12.25%, 4/13/29<sup>(7)</sup> | UZS | 846963750 | &nbsp;&nbsp;&nbsp;&nbsp; 71877923 |
| &nbsp;&nbsp;&nbsp;15.50%, 2/25/28<sup>(7)</sup> | UZS | 510000000 | &nbsp;&nbsp;&nbsp;&nbsp; 45909695 |
| &nbsp;&nbsp;&nbsp;16.25%, 10/12/26<sup>(7)</sup> | UZS | 367300000 | &nbsp;&nbsp;&nbsp;&nbsp; 31928295 |
| &nbsp;&nbsp;&nbsp;16.625%, 5/29/27<sup>(7)</sup> | UZS | 60000000 | &nbsp;&nbsp;&nbsp;&nbsp; 5328308 |
|  |  |  | &nbsp;&nbsp;**$294950566** |
| Venezuela — 1.5% | Venezuela — 1.5% | Venezuela — 1.5% | Venezuela — 1.5% |
| Venezuela Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 12/9/20<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12618 | &nbsp;&nbsp;$5472841 |
| &nbsp;&nbsp;&nbsp;7.00%, 12/1/18<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15119 | &nbsp;&nbsp;&nbsp;&nbsp; 6671259 |
| &nbsp;&nbsp;&nbsp;7.00%, 3/31/38<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;846 | &nbsp;&nbsp;&nbsp;&nbsp; 399735 |
| &nbsp;&nbsp;&nbsp;7.65%, 4/21/25<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14979 | &nbsp;&nbsp;&nbsp;&nbsp; 7111280 |
| &nbsp;&nbsp;&nbsp;7.75%, 10/13/19<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26661 | &nbsp;&nbsp;&nbsp;&nbsp; 12257349 |
| &nbsp;&nbsp;&nbsp;8.25%, 10/13/24<sup>(7)(9)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33078 | &nbsp;&nbsp;&nbsp;&nbsp; 16001579 |
| &nbsp;&nbsp;&nbsp;9.00%, 5/7/23<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21487 | &nbsp;&nbsp;&nbsp;&nbsp; 10824127 |
| &nbsp;&nbsp;&nbsp;9.25%, 9/15/27<sup>(9)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12103 | &nbsp;&nbsp;&nbsp;&nbsp; 6387358 |
| &nbsp;&nbsp;&nbsp;9.25%, 5/7/28<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8187 | &nbsp;&nbsp;&nbsp;&nbsp; 4185348 |
| &nbsp;&nbsp;&nbsp;9.375%, 1/13/34<sup>(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1530 | &nbsp;&nbsp;&nbsp;&nbsp; 803250 |
| &nbsp;&nbsp;&nbsp;11.75%, 10/21/26<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6970 | &nbsp;&nbsp;&nbsp;&nbsp; 3988468 |
| &nbsp;&nbsp;&nbsp;11.95%, 8/5/31<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19469 | &nbsp;&nbsp;&nbsp;&nbsp; 11121666 |
| &nbsp;&nbsp;&nbsp;12.75%, 8/23/22<sup>(7)(9)(14)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29642 | &nbsp;&nbsp;&nbsp;&nbsp; 16925354 |
| &nbsp;&nbsp;&nbsp;13.625%, 8/15/18<sup>(7)(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4253 | &nbsp;&nbsp;&nbsp;&nbsp; 2413577 |
| &nbsp;&nbsp;&nbsp;13.625%, 8/15/49<sup>(9)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3536 | &nbsp;&nbsp;&nbsp;&nbsp; 2006680 |
|  |  |  | &nbsp;&nbsp;**$106569871** |
| Zambia — 2.6% | Zambia — 2.6% | Zambia — 2.6% | Zambia — 2.6% |
| Zambia Government Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;13.00%, 9/20/31<sup>(7)</sup> | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19196 | &nbsp;&nbsp;$962607 |
| &nbsp;&nbsp;&nbsp;13.00%, 6/26/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48444 | &nbsp;&nbsp;&nbsp;&nbsp; 2323578 |
| &nbsp;&nbsp;&nbsp;14.00%, 7/24/38 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17389 | &nbsp;&nbsp;&nbsp;&nbsp; 803461 |
| &nbsp;&nbsp;&nbsp;14.50%, 2/16/28 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156822 | &nbsp;&nbsp;&nbsp;&nbsp; 8464905 |
| &nbsp;&nbsp;&nbsp;14.90%, 2/16/29 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177500 | &nbsp;&nbsp;&nbsp;&nbsp; 9647188 |
| &nbsp;&nbsp;&nbsp;14.98%, 2/16/31 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7269 | &nbsp;&nbsp;&nbsp;&nbsp; 391533 |
| &nbsp;&nbsp;&nbsp;16.00%, 10/27/28 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54785 | &nbsp;&nbsp;&nbsp;&nbsp; 3044184 |
| &nbsp;&nbsp;&nbsp;16.00%, 11/24/28 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34242 | &nbsp;&nbsp;&nbsp;&nbsp; 1904718 |
| &nbsp;&nbsp;&nbsp;16.00%, 2/16/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174735 | &nbsp;&nbsp;&nbsp;&nbsp; 9479812 |
| &nbsp;&nbsp;&nbsp;16.10%, 1/26/31 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68483 | &nbsp;&nbsp;&nbsp;&nbsp; 3825810 |
| &nbsp;&nbsp;&nbsp;16.49%, 11/24/30 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78755 | &nbsp;&nbsp;&nbsp;&nbsp; 4457376 |
| &nbsp;&nbsp;&nbsp;16.60%, 2/16/36 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338317 | &nbsp;&nbsp;&nbsp;&nbsp; 18303361 |
| &nbsp;&nbsp;&nbsp;16.85%, 1/26/33 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101376 | &nbsp;&nbsp;&nbsp;&nbsp; 5633151 |
| &nbsp;&nbsp;&nbsp;16.95%, 12/22/32 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69850 | &nbsp;&nbsp;&nbsp;&nbsp; 3936316 |
| &nbsp;&nbsp;&nbsp;17.00%, 11/24/32 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92335 | &nbsp;&nbsp;&nbsp;&nbsp; 5158151 |
| &nbsp;&nbsp;&nbsp;17.19%, 1/26/36 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208496 | &nbsp;&nbsp;&nbsp;&nbsp; 11521934 |
| &nbsp;&nbsp;&nbsp;17.50%, 11/24/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109572 | &nbsp;&nbsp;&nbsp;&nbsp; 6128467 |
| &nbsp;&nbsp;&nbsp;17.50%, 12/22/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77842 | &nbsp;&nbsp;&nbsp;&nbsp; 4348708 |
| &nbsp;&nbsp;&nbsp;17.59%, 2/16/41 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;1176683 | &nbsp;&nbsp;&nbsp;&nbsp; 63450481 |
| &nbsp;&nbsp;&nbsp;18.49%, 5/27/32 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19196 | &nbsp;&nbsp;&nbsp;&nbsp; 1159615 |
| &nbsp;&nbsp;&nbsp;18.79%, 1/26/41 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68482 | &nbsp;&nbsp;&nbsp;&nbsp; 3887357 |

---

*20*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Zambia (continued) | Zambia (continued) | Zambia (continued) | Zambia (continued) |
| Zambia Government Bonds: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;18.99%, 10/27/40 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67555 | &nbsp;&nbsp;$3871018 |
| &nbsp;&nbsp;&nbsp;18.99%, 11/24/40 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102723 | &nbsp;&nbsp;&nbsp;&nbsp; 5889589 |
| &nbsp;&nbsp;&nbsp;19.00%, 6/23/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34242 | &nbsp;&nbsp;&nbsp;&nbsp; 1995859 |
| &nbsp;&nbsp;&nbsp;19.00%, 8/18/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34242 | &nbsp;&nbsp;&nbsp;&nbsp; 2010907 |
| &nbsp;&nbsp;&nbsp;19.00%, 9/29/35 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11985 | &nbsp;&nbsp;&nbsp;&nbsp; 703382 |
| &nbsp;&nbsp;&nbsp;22.50%, 11/25/34 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30817 | &nbsp;&nbsp;&nbsp;&nbsp; 2150919 |
| &nbsp;&nbsp;&nbsp;22.80%, 2/17/40 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2587 | &nbsp;&nbsp;&nbsp;&nbsp; 170924 |
| &nbsp;&nbsp;&nbsp;26.50%, 4/30/39 | ZMW | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7302 | &nbsp;&nbsp;&nbsp;&nbsp; 584692 |
| Zambia Government International Bonds, 0.50%, 12/31/53<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4040 | &nbsp;&nbsp;&nbsp;&nbsp; 2768628 |
|  |  |  | &nbsp;&nbsp;**$188978631** |
| Total Sovereign Government Bonds<br> (identified cost $3,283,620,221) |  |  | &nbsp;&nbsp;**$3491567133** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Loans — 1.2%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> | Argentina — 0.0%<sup>†</sup> |
| Provincia De Neuquen, 11.072%, (1 mo. USD Term SOFR + 7.30%), 5/28/27<sup>(24)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1897 | &nbsp;&nbsp;$1916020 |
|  |  |  | &nbsp;&nbsp;**$1916020** |
| Bahamas — 0.3% | Bahamas — 0.3% | Bahamas — 0.3% | Bahamas — 0.3% |
| Commonwealth of the Bahamas, 8.969%, (6 mo. EURIBOR + 6.85%), 11/24/28<sup>(24)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20123 | &nbsp;&nbsp;$24195376 |
|  |  |  | &nbsp;&nbsp;**$24195376** |
| Ivory Coast — 0.1% | Ivory Coast — 0.1% | Ivory Coast — 0.1% | Ivory Coast — 0.1% |
| Republic of Ivory Coast, Term Loan, 7.855%, (6 mo. EURIBOR + 5.75%), 1/6/28<sup>(24)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2262 | &nbsp;&nbsp;$2654796 |
|  |  |  | &nbsp;&nbsp;**$2654796** |
| Tanzania — 0.8% | Tanzania — 0.8% | Tanzania — 0.8% | Tanzania — 0.8% |
| Government of the United Republic of Tanzania: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.068%, (6 mo. USD Term SOFR + 5.45%), 2/27/31<sup>(24)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14727 | &nbsp;&nbsp;$14635227 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10.409%, (6 mo. USD Term SOFR + 6.30%), 4/28/31<sup>(24)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44841 | &nbsp;&nbsp;&nbsp;&nbsp; 44616992 |
|  |  |  | &nbsp;&nbsp;**$59252219** |
| Total Sovereign Loans<br> (identified cost $86,106,314) |  |  | &nbsp;&nbsp;**$88018411** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Guaranteed Small Business Administration Loans — 0.1%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| SBA IO Trust:<br> Interest Only:<sup>(25)(26)</sup><br> Series 2018-3, Class A, 2.74%, 5/24/44<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59067 | &nbsp;&nbsp;$3434553 |
| Total U.S. Government Guaranteed Small Business Administration Loans<br> (identified cost $20,105,643) |  | &nbsp;&nbsp;**$3434553** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 36.3%

Affiliated Fund — 10.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(27)</sup> | 730577249 | &nbsp;&nbsp;$730577249 |
| Total Affiliated Fund<br> (identified cost $730,577,249) |  | &nbsp;&nbsp;**$730577249** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Repurchase Agreements — 14.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Barclays Bank PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 9/11/25 with an interest rate of 1.00%, collateralized by EUR 1,800,000 Republic of Poland Government International Bonds, 1.00%, due 3/7/29 and a market value, including accrued interest, of $2,014,868<sup>(28)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1802 | &nbsp;&nbsp;$2115210 |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 1.75%, collateralized by USD 11,517,000 Bahrain Government International Bonds, 7.75%, due 4/18/35 and a market value, including accrued interest, of $12,063,248<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13345 | &nbsp;&nbsp;&nbsp;&nbsp; 13345324 |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 2.75%, collateralized by USD 6,435,000 Bahrain Government International Bonds, 7.75%, due 4/18/35 and a market value, including accrued interest, of $6,740,210<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7457 | &nbsp;&nbsp;&nbsp;&nbsp; 7456556 |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 3.20%, collateralized by USD 8,197,000 Republic of Armenia International Bonds, 3.60%, due 2/2/31 and a market value, including accrued interest, of $7,621,279<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7961 | &nbsp;&nbsp;&nbsp;&nbsp; 7961336 |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 3.20%, collateralized by USD 15,452,000 Kazakhstan Government International Bonds, 4.875%, due 10/14/44 and a market value, including accrued interest, of $14,190,992<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14911 | &nbsp;&nbsp;&nbsp;&nbsp; 14911180 |

---

*21*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Barclays Bank PLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 1/12/26 with an interest rate of 3.25%, collateralized by USD 6,130,000 Kazakhstan Government International Bonds, 6.50%, due 7/21/45 and a market value, including accrued interest, of $6,787,959<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7226 | &nbsp;&nbsp;$7225738 |
| &nbsp;&nbsp;&nbsp;Dated 1/16/26 with an interest rate of 1.35%, collateralized by EUR 6,000,000 Republic of Poland Government International Bonds, 1.00%, due 3/7/29 and a market value, including accrued interest, of $6,716,226<sup>(28)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6083 | &nbsp;&nbsp;&nbsp;&nbsp; 7138724 |
| &nbsp;&nbsp;&nbsp;Dated 2/10/26 with an interest rate of 2.76%, collateralized by USD 10,673,000 Bahrain Government International Bonds, 7.50%, due 7/7/37 and a market value, including accrued interest, of $11,136,335<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11847 | &nbsp;&nbsp;&nbsp;&nbsp; 11847030 |
| &nbsp;&nbsp;&nbsp;Dated 3/10/26 with an interest rate of 3.25%, collateralized by USD 6,066,000 Abu Dhabi Government International Bonds, 3.875%, due 4/16/50 and a market value, including accrued interest, of $4,611,969<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5065 | &nbsp;&nbsp;&nbsp;&nbsp; 5065110 |
| &nbsp;&nbsp;&nbsp;Dated 3/25/26 with an interest rate of 3.15%, collateralized by USD 12,027,000 Bahrain Government International Bonds, 7.50%, due 2/12/36 and a market value, including accrued interest, of $12,546,774<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12388 | &nbsp;&nbsp;&nbsp;&nbsp; 12387810 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 2.75%, collateralized by USD 1,977,000 Egypt Government International Bonds, 8.15%, due 11/20/59 and a market value, including accrued interest, of $1,775,356<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1797 | &nbsp;&nbsp;&nbsp;&nbsp; 1796599 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.00%, collateralized by USD 1,500,000 Egypt Government International Bonds, 7.50%, due 2/16/61 and a market value, including accrued interest, of $1,218,099<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1245 | &nbsp;&nbsp;&nbsp;&nbsp; 1245000 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.00%, collateralized by USD 18,212,000 Saudi Government International Bonds, 3.75%, due 1/21/55 and a market value, including accrued interest, of $12,733,378<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13181 | &nbsp;&nbsp;&nbsp;&nbsp; 13180935 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.00%, collateralized by USD 19,004,000 Saudi Government International Bonds, 4.50%, due 4/22/60 and a market value, including accrued interest, of $14,732,423<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15773 | &nbsp;&nbsp;&nbsp;&nbsp; 15773320 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.00%, collateralized by USD 19,666,000 Abu Dhabi Government International Bonds, 3.00%, due 9/15/51 and a market value, including accrued interest, of $12,681,626<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13127 | &nbsp;&nbsp;&nbsp;&nbsp; 13127055 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.00%, collateralized by USD 19,667,000 Abu Dhabi Government International Bonds, 5.50%, due 4/30/54 and a market value, including accrued interest, of $19,123,310<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20405 | &nbsp;&nbsp;&nbsp;&nbsp; 20404512 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.15%, collateralized by USD 20,587,000 Saudi Government International Bonds, 5.00%, due 1/18/53 and a market value, including accrued interest, of $18,037,245<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18708 | &nbsp;&nbsp;&nbsp;&nbsp; 18708436 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Barclays Bank PLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 4/7/26 with an interest rate of 2.75%, collateralized by USD 19,004,000 Saudi Government International Bonds, 3.25%, due 11/17/51 and a market value, including accrued interest, of $12,459,168<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12875 | &nbsp;&nbsp;$12875210 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.00%, collateralized by USD 9,502,000 Saudi Government International Bonds, 3.45%, due 2/2/61 and a market value, including accrued interest, of $6,031,804<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6461 | &nbsp;&nbsp;&nbsp;&nbsp; 6461360 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.00%, collateralized by USD 15,837,000 Saudi Government International Bonds, 5.00%, due 4/17/49 and a market value, including accrued interest, of $13,878,750<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15164 | &nbsp;&nbsp;&nbsp;&nbsp; 15163928 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.25%, collateralized by USD 8,771,000 Bahrain Government International Bonds, 5.625%, due 5/18/34 and a market value, including accrued interest, of $8,285,875<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8881 | &nbsp;&nbsp;&nbsp;&nbsp; 8880638 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.25%, collateralized by USD 11,761,000 Bahrain Government International Bonds, 6.00%, due 9/19/44 and a market value, including accrued interest, of $9,942,165<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10820 | &nbsp;&nbsp;&nbsp;&nbsp; 10820120 |
| Citibank, N.A.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 10/30/25 with an interest rate of 3.15%, collateralized by USD 6,258,000 Bahrain Government International Bonds, 7.50%, due 2/12/36 and a market value, including accrued interest, of $6,528,454<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7352 | &nbsp;&nbsp;&nbsp;&nbsp; 7351523 |
| JPMorgan Chase Bank, N.A.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 4/7/26 with an interest rate of 1.50%, collateralized by USD 11,204,000 Bahrain Government International Bonds, 7.75%, due 4/18/35 and a market value, including accrued interest, of $11,735,402<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11880 | &nbsp;&nbsp;&nbsp;&nbsp; 11880130 |
| &nbsp;&nbsp;&nbsp;Dated 4/16/26 with an interest rate of 2.85%, collateralized by USD 39,592,000 Saudi Government International Bonds, 5.75%, due 1/16/54 and a market value, including accrued interest, of $38,717,434<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38999 | &nbsp;&nbsp;&nbsp;&nbsp; 38998670 |
| &nbsp;&nbsp;&nbsp;Dated 4/16/26 with an interest rate of 3.15%, collateralized by USD 19,796,000 Saudi Government International Bonds, 5.00%, due 4/17/49 and a market value, including accrued interest, of $17,348,218<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17453 | &nbsp;&nbsp;&nbsp;&nbsp; 17453473 |
| Merrill Lynch International: |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 12/12/25 with an interest rate of 2.75%, collateralized by USD 6,007,000 Kazakhstan Government International Bonds, 6.50%, due 7/21/45 and a market value, including accrued interest, of $6,651,757<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6803 | &nbsp;&nbsp;&nbsp;&nbsp; 6802928 |
| &nbsp;&nbsp;&nbsp;Dated 3/30/26 with an interest rate of 3.50%, collateralized by USD 7,867,000 Abu Dhabi Government International Bonds, 4.25%, due 3/5/36 and a market value, including accrued interest, of $7,640,156<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7523 | &nbsp;&nbsp;&nbsp;&nbsp; 7522819 |

---

*22*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Merrill Lynch International: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.35%, collateralized by USD 19,666,000 Abu Dhabi Government International Bonds, 5.50%, due 4/30/54 and a market value, including accrued interest, of $19,122,338<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19912 | &nbsp;&nbsp;$19911825 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.35%, collateralized by USD 23,600,000 Abu Dhabi Government International Bonds, 3.00%, due 9/15/51 and a market value, including accrued interest, of $15,218,467<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15458 | &nbsp;&nbsp;&nbsp;&nbsp; 15458000 |
| Nomura International PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 12/11/25 with an interest rate of 1.65%, collateralized by EUR 3,044,000 Republic of Poland Government International Bonds, 1.00%, due 3/7/29 and a market value, including accrued interest, of $3,407,365<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3432 | &nbsp;&nbsp;&nbsp;&nbsp; 3432099 |
| &nbsp;&nbsp;&nbsp;Dated 12/11/25 with an interest rate of 3.15%, collateralized by USD 19,297,000 Republic of Azerbaijan International Bonds, 3.50%, due 9/1/32 and a market value, including accrued interest, of $18,253,367<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19147 | &nbsp;&nbsp;&nbsp;&nbsp; 19147448 |
| &nbsp;&nbsp;&nbsp;Dated 12/11/25 with an interest rate of 3.20%, collateralized by USD 1,885,000 Kazakhstan Government International Bonds, 6.50%, due 7/21/45 and a market value, including accrued interest, of $2,087,325<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2243 | &nbsp;&nbsp;&nbsp;&nbsp; 2243480 |
| &nbsp;&nbsp;&nbsp;Dated 1/13/26 with an interest rate of 3.25%, collateralized by USD 40,800,000 Indonesia Government International Bonds, 4.20%, due 10/15/50 and a market value, including accrued interest, of $32,408,400<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35129 | &nbsp;&nbsp;&nbsp;&nbsp; 35128800 |
| &nbsp;&nbsp;&nbsp;Dated 1/13/26 with an interest rate of 3.25%, collateralized by USD 49,290,000 Indonesia Government International Bonds, 5.65%, due 1/11/53 and a market value, including accrued interest, of $49,184,400<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51806 | &nbsp;&nbsp;&nbsp;&nbsp; 51806254 |
| &nbsp;&nbsp;&nbsp;Dated 1/27/26 with an interest rate of 3.25%, collateralized by USD 21,200,000 Indonesia Government International Bonds, 5.45%, due 9/20/52 and a market value, including accrued interest, of $20,449,929<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22215 | &nbsp;&nbsp;&nbsp;&nbsp; 22215480 |
| &nbsp;&nbsp;&nbsp;Dated 1/27/26 with an interest rate of 3.25%, collateralized by USD 23,300,000 Indonesia Government International Bonds, 4.20%, due 10/15/50 and a market value, including accrued interest, of $18,507,738<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20074 | &nbsp;&nbsp;&nbsp;&nbsp; 20073532 |
| &nbsp;&nbsp;&nbsp;Dated 1/27/26 with an interest rate of 3.25%, collateralized by USD 34,800,000 Indonesia Government International Bonds, 4.30%, due 3/31/52 and a market value, including accrued interest, of $27,980,502<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30383 | &nbsp;&nbsp;&nbsp;&nbsp; 30383010 |
| &nbsp;&nbsp;&nbsp;Dated 1/28/26 with an interest rate of 0.75%, collateralized by USD 8,571,000 Bahrain Government International Bonds, 7.50%, due 9/20/47 and a market value, including accrued interest, of $8,438,423<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9258 | &nbsp;&nbsp;&nbsp;&nbsp; 9258287 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nomura International PLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 2/5/26 with an interest rate of 3.25%, collateralized by USD 40,000,000 Indonesia Government International Bonds, 4.90%, due 4/16/36 and a market value, including accrued interest, of $39,175,273<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41941 | &nbsp;&nbsp;$41941200 |
| &nbsp;&nbsp;&nbsp;Dated 2/5/26 with an interest rate of 3.25%, collateralized by USD 40,454,000 Indonesia Government International Bonds, 4.65%, due 9/20/32 and a market value, including accrued interest, of $40,416,952<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43377 | &nbsp;&nbsp;&nbsp;&nbsp; 43377206 |
| &nbsp;&nbsp;&nbsp;Dated 2/19/26 with an interest rate of 3.20%, collateralized by USD 7,947,000 Hungary Government International Bonds, 5.50%, due 3/26/36 and a market value, including accrued interest, of $8,006,642<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8641 | &nbsp;&nbsp;&nbsp;&nbsp; 8640574 |
| &nbsp;&nbsp;&nbsp;Dated 2/19/26 with an interest rate of 3.20%, collateralized by USD 15,956,000 Egypt Government International Bonds, 7.30%, due 9/30/33 and a market value, including accrued interest, of $15,584,318<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17550 | &nbsp;&nbsp;&nbsp;&nbsp; 17549605 |
| &nbsp;&nbsp;&nbsp;Dated 2/19/26 with an interest rate of 3.20%, collateralized by EUR 19,900,000 Hungary Government International Bonds, 4.50%, due 6/16/34 and a market value, including accrued interest, of $24,869,524<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26054 | &nbsp;&nbsp;&nbsp;&nbsp; 26053516 |
| &nbsp;&nbsp;&nbsp;Dated 2/23/26 with an interest rate of 3.20%, collateralized by USD 8,260,000 Hungary Government International Bonds, 6.75%, due 9/25/52 and a market value, including accrued interest, of $8,961,952<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9709 | &nbsp;&nbsp;&nbsp;&nbsp; 9709424 |
| &nbsp;&nbsp;&nbsp;Dated 2/23/26 with an interest rate of 3.25%, collateralized by USD 36,400,000 Indonesia Government International Bonds, 3.85%, due 10/15/30 and a market value, including accrued interest, of $35,478,991<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38144 | &nbsp;&nbsp;&nbsp;&nbsp; 38144165 |
| &nbsp;&nbsp;&nbsp;Dated 2/24/26 with an interest rate of 3.20%, collateralized by USD 15,854,000 Hungary Government International Bonds, 5.50%, due 3/26/36 and a market value, including accrued interest, of $15,972,985<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17246 | &nbsp;&nbsp;&nbsp;&nbsp; 17245984 |
| &nbsp;&nbsp;&nbsp;Dated 2/25/26 with an interest rate of 3.20%, collateralized by EUR 5,672,000 Hungary Government International Bonds, 1.50%, due 11/17/50 and a market value, including accrued interest, of $3,587,115<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3696 | &nbsp;&nbsp;&nbsp;&nbsp; 3695646 |
| &nbsp;&nbsp;&nbsp;Dated 2/25/26 with an interest rate of 3.20%, collateralized by USD 15,485,000 Hungary Government International Bonds, 5.50%, due 3/26/36 and a market value, including accrued interest, of $15,601,215<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16885 | &nbsp;&nbsp;&nbsp;&nbsp; 16885231 |
| &nbsp;&nbsp;&nbsp;Dated 2/26/26 with an interest rate of 3.20%, collateralized by USD 12,764,000 Egypt Government International Bonds, 7.625%, due 5/29/32 and a market value, including accrued interest, of $13,159,718<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14127 | &nbsp;&nbsp;&nbsp;&nbsp; 14127259 |
| &nbsp;&nbsp;&nbsp;Dated 3/5/26 with an interest rate of 3.05%, collateralized by USD 21,505,000 Global Sukuk Ventures, 4.250%, due 11/10/35 and a market value, including accrued interest, of $21,459,422<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22721 | &nbsp;&nbsp;&nbsp;&nbsp; 22721377 |

---

*23*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nomura International PLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 3/5/26 with an interest rate of 3.20%, collateralized by USD 16,110,000 Abu Dhabi Government International Bonds, 3.125%, due 9/30/49 and a market value, including accrued interest, of $10,800,528<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11989 | &nbsp;&nbsp;$11988861 |
| &nbsp;&nbsp;&nbsp;Dated 3/5/26 with an interest rate of 3.20%, collateralized by USD 20,310,000 Qatar Government International Bonds, 5.103%, due 4/23/48 and a market value, including accrued interest, of $19,365,752<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21299 | &nbsp;&nbsp;&nbsp;&nbsp; 21298843 |
| &nbsp;&nbsp;&nbsp;Dated 3/13/26 with an interest rate of 3.20%, collateralized by USD 11,817,000 Egypt Government International Bonds, 7.30%, due 9/30/33 and a market value, including accrued interest, of $11,541,733<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12172 | &nbsp;&nbsp;&nbsp;&nbsp; 12172101 |
| &nbsp;&nbsp;&nbsp;Dated 3/26/26 with an interest rate of 3.20%, collateralized by USD 2,400,000 Hungary Government International Bonds, 7.625%, due 3/29/41 and a market value, including accrued interest, of $2,837,223<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2958 | &nbsp;&nbsp;&nbsp;&nbsp; 2957976 |
| &nbsp;&nbsp;&nbsp;Dated 3/26/26 with an interest rate of 3.20%, collateralized by USD 11,925,000 Hungary Government International Bonds, 5.50%, due 6/16/34 and a market value, including accrued interest, of $12,351,995<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12579 | &nbsp;&nbsp;&nbsp;&nbsp; 12578848 |
| &nbsp;&nbsp;&nbsp;Dated 3/30/26 with an interest rate of 3.20%, collateralized by USD 7,909,000 Egypt Government International Bonds, 7.625%, due 5/29/32 and a market value, including accrued interest, of $8,154,200<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8164 | &nbsp;&nbsp;&nbsp;&nbsp; 8164105 |
| &nbsp;&nbsp;&nbsp;Dated 3/30/26 with an interest rate of 3.20%, collateralized by USD 39,591,000 Saudi Government International Bonds, 4.875%, due 1/12/36 and a market value, including accrued interest, of $39,584,150<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40856 | &nbsp;&nbsp;&nbsp;&nbsp; 40855537 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 2.80%, collateralized by USD 19,667,000 UAE International Government Bonds, 4.857%, due 7/2/34 and a market value, including accrued interest, of $20,390,143<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21084 | &nbsp;&nbsp;&nbsp;&nbsp; 21084007 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.20%, collateralized by USD 7,918,000 Saudi Government International Bonds, 4.875%, due 7/18/33 and a market value, including accrued interest, of $7,999,083<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8322 | &nbsp;&nbsp;&nbsp;&nbsp; 8322214 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.20%, collateralized by USD 15,623,000 Saudi Government International Bonds, 4.50%, due 4/22/60 and a market value, including accrued interest, of $12,111,379<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12951 | &nbsp;&nbsp;&nbsp;&nbsp; 12951076 |
| &nbsp;&nbsp;&nbsp;Dated 4/2/26 with an interest rate of 3.20%, collateralized by USD 23,434,000 Saudi Government International Bonds, 5.25%, due 1/16/50 and a market value, including accrued interest, of $21,755,666<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22391 | &nbsp;&nbsp;&nbsp;&nbsp; 22391187 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.20%, collateralized by USD 3,989,000 Egypt Government International Bonds, 8.75%, due 9/30/51 and a market value, including accrued interest, of $3,723,645<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4015 | &nbsp;&nbsp;&nbsp;&nbsp; 4014629 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Description** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nomura International PLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.20%, collateralized by USD 4,833,000 Abu Dhabi Government International Bonds, 3.875%, due 4/16/50 and a market value, including accrued interest, of $3,674,521<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3930 | &nbsp;&nbsp;$3930316 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.20%, collateralized by USD 6,372,000 Qatar Government International Bonds, 4.817%, due 3/14/49 and a market value, including accrued interest, of $5,847,393<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6155 | &nbsp;&nbsp;&nbsp;&nbsp; 6155352 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.20%, collateralized by USD 10,306,000 Egypt Government International Bonds, 8.875%, due 5/29/50 and a market value, including accrued interest, of $10,045,350<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10810 | &nbsp;&nbsp;&nbsp;&nbsp; 10810479 |
| &nbsp;&nbsp;&nbsp;Dated 4/15/26 with an interest rate of 3.20%, collateralized by USD 12,230,000 Egypt Government International Bonds, 7.50%, due 2/16/61 and a market value, including accrued interest, of $9,931,567<sup>(28)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10902 | &nbsp;&nbsp;&nbsp;&nbsp; 10902434 |
| Total Repurchase Agreements<br> (identified cost $1,017,545,500) |  |  | &nbsp;&nbsp;**$1017628041** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Government Securities — 9.5%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Albania — 0.2% | Albania — 0.2% | Albania — 0.2% | Albania — 0.2% |
| Albanian Treasury Bills, 0.00%, 1/28/27 | ALL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790730 | &nbsp;&nbsp;$9482891 |
|  |  |  | &nbsp;&nbsp;**$9482891** |
| Kazakhstan — 0.8% | Kazakhstan — 0.8% | Kazakhstan — 0.8% | Kazakhstan — 0.8% |
| Kazakhstan Treasury Bills, 0.00%, 5/15/26 | KZT | 27316791 | &nbsp;&nbsp;$58723255 |
|  |  |  | &nbsp;&nbsp;**$58723255** |
| Nigeria — 8.5% | Nigeria — 8.5% | Nigeria — 8.5% | Nigeria — 8.5% |
| Nigeria OMO Bills: |  |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/19/26 | NGN | 22851680 | &nbsp;&nbsp;$16556109 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/26/26 | NGN | 119461925 | &nbsp;&nbsp;&nbsp;&nbsp; 86200996 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/2/26 | NGN | 51582638 | &nbsp;&nbsp;&nbsp;&nbsp; 36963601 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/23/26 | NGN | 37417178 | &nbsp;&nbsp;&nbsp;&nbsp; 26589567 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/30/26 | NGN | 96758571 | &nbsp;&nbsp;&nbsp;&nbsp; 68510957 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/7/26 | NGN | 33110415 | &nbsp;&nbsp;&nbsp;&nbsp; 23361467 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/10/26 | NGN | &nbsp;&nbsp;&nbsp;&nbsp;3894537 | &nbsp;&nbsp;&nbsp;&nbsp; 2727464 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/14/26 | NGN | 134599485 | &nbsp;&nbsp;&nbsp;&nbsp; 94641019 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/28/26 | NGN | 15354395 | &nbsp;&nbsp;&nbsp;&nbsp; 10724245 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/4/26 | NGN | 12905236 | &nbsp;&nbsp;&nbsp;&nbsp; 8982706 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/11/26 | NGN | 93489986 | &nbsp;&nbsp;&nbsp;&nbsp; 64847492 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/18/26 | NGN | 13343333 | &nbsp;&nbsp;&nbsp;&nbsp; 9154144 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/25/26 | NGN | 10572185 | &nbsp;&nbsp;&nbsp;&nbsp; 7282958 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/1/26 | NGN | 14234560 | &nbsp;&nbsp;&nbsp;&nbsp; 9772708 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/8/26 | NGN | 34682922 | &nbsp;&nbsp;&nbsp;&nbsp; 23689827 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/22/26 | NGN | 15438704 | &nbsp;&nbsp;&nbsp;&nbsp; 10402336 |

---

*24*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nigeria (continued) | Nigeria (continued) | Nigeria (continued) |
| Nigeria OMO Bills: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 1/12/27 NGN | 109636543 | &nbsp;&nbsp;$71081809 |
| &nbsp;&nbsp;&nbsp;0.00%, 1/19/27 NGN | 63799015 | &nbsp;&nbsp;&nbsp;&nbsp; 41254923 |
|  |  | &nbsp;&nbsp;**$612744328** |
| Total Sovereign Government Securities<br> (identified cost $661,150,543) |  | &nbsp;&nbsp;**$680950474** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Treasury Obligations — 2.6%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/14/26<sup>(29)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52700 | &nbsp;&nbsp;$52631918 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/21/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25626 | &nbsp;&nbsp;&nbsp;&nbsp; 25574939 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/28/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1690 | &nbsp;&nbsp;&nbsp;&nbsp; 1685481 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/11/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1698 | &nbsp;&nbsp;&nbsp;&nbsp; 1691048 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/18/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16549 | &nbsp;&nbsp;&nbsp;&nbsp; 16469695 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/9/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53370 | &nbsp;&nbsp;&nbsp;&nbsp; 53001875 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/16/26<sup>(29)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36630 | &nbsp;&nbsp;&nbsp;&nbsp; 36353062 |
| Total U.S. Treasury Obligations<br> (identified cost $187,409,346) |  | &nbsp;&nbsp;**$187408018** |
| Total Short-Term Investments<br> (identified cost $2,596,682,638) |  | &nbsp;&nbsp;**$2616563782** |

---

---

| | |
|:---|:---|
| Total Purchased Options and Swaptions — 0.3%<br> (identified cost $39,386,977) | &nbsp;&nbsp;**$21155396** |
| Total Investments — 110.9%<br> (identified cost $7,564,758,527) | &nbsp;&nbsp;**$7990455947** |
| Less Unfunded Loan Commitments — (1.7)% | &nbsp;&nbsp;**$(120299206)** |
| Net Investments — 109.2%<br> (identified cost $7,444,459,321) | &nbsp;&nbsp;**$7870156741** |
| Total Written Options — (0.0)%<sup>†</sup><br> (premiums received $6,131,228) | &nbsp;&nbsp;**$(1830314)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| Securities Sold Short — (14.8)% |
| Exchange-Traded Funds — (4.1)% |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| United States — (4.1)% | United States — (4.1)% | United States — (4.1)% |
| iShares Broad USD High Yield Corporate Bond ETF | (2350690) | &nbsp;&nbsp;$(87516189) |
| iShares JPMorgan USD Emerging Markets Bond ETF | (2120819) | &nbsp;&nbsp;&nbsp;&nbsp; (203174460) |
| Total Exchange-Traded Funds<br> (proceeds $282,163,167) |  | &nbsp;&nbsp;**$(290690649)** |

---

Sovereign Government Bonds — (10.7)%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp; **Value** |
| Armenia — (0.1)% | Armenia — (0.1)% | Armenia — (0.1)% | Armenia — (0.1)% |
| Republic of Armenia International Bonds, 3.60%, 2/2/31<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8028) | &nbsp;&nbsp;$(7392700) |
|  |  |  | &nbsp;&nbsp;**$(7392700)** |
| Azerbaijan — (0.3)% | Azerbaijan — (0.3)% | Azerbaijan — (0.3)% | Azerbaijan — (0.3)% |
| Republic of Azerbaijan International Bonds, 3.50%, 9/1/32<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19297) | &nbsp;&nbsp;$(18140801) |
|  |  |  | &nbsp;&nbsp;**$(18140801)** |
| Bahrain — (0.3)% | Bahrain — (0.3)% | Bahrain — (0.3)% | Bahrain — (0.3)% |
| Bahrain Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 5/18/34<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8771) | &nbsp;&nbsp;$(8062489) |
| &nbsp;&nbsp;&nbsp;7.50%, 7/7/37<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10673) | &nbsp;&nbsp;&nbsp;&nbsp; (10882851) |
|  |  |  | &nbsp;&nbsp;**$(18945340)** |
| Egypt — (0.9)% | Egypt — (0.9)% | Egypt — (0.9)% | Egypt — (0.9)% |
| Egypt Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.30%, 9/30/33<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27773) | &nbsp;&nbsp;$(26951467) |
| &nbsp;&nbsp;&nbsp;7.50%, 2/16/61<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5839) | &nbsp;&nbsp;&nbsp;&nbsp; (4650419) |
| &nbsp;&nbsp;&nbsp;7.625%, 5/29/32<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20673) | &nbsp;&nbsp;&nbsp;&nbsp; (20648362) |
| &nbsp;&nbsp;&nbsp;8.75%, 9/30/51<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3989) | &nbsp;&nbsp;&nbsp;&nbsp; (3693589) |
| &nbsp;&nbsp;&nbsp;8.875%, 5/29/50<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10306) | &nbsp;&nbsp;&nbsp;&nbsp; (9659161) |
|  |  |  | &nbsp;&nbsp;**$(65602998)** |
| Hungary — (1.1)% | Hungary — (1.1)% | Hungary — (1.1)% | Hungary — (1.1)% |
| Hungary Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 11/17/50<sup>(7)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5651) | &nbsp;&nbsp;$(3528861) |
| &nbsp;&nbsp;&nbsp;4.50%, 6/16/34<sup>(7)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19900) | &nbsp;&nbsp;&nbsp;&nbsp; (23950976) |
| &nbsp;&nbsp;&nbsp;5.50%, 6/16/34<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11925) | &nbsp;&nbsp;&nbsp;&nbsp; (12106042) |
| &nbsp;&nbsp;&nbsp;5.50%, 3/26/36<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39286) | &nbsp;&nbsp;&nbsp;&nbsp; (39370771) |
| &nbsp;&nbsp;&nbsp;7.625%, 3/29/41 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2400) | &nbsp;&nbsp;&nbsp;&nbsp; (2820956) |
|  |  |  | &nbsp;&nbsp;**$(81777606)** |

---

*25*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp; **Value** |
| Indonesia — (3.6)% | Indonesia — (3.6)% | Indonesia — (3.6)% | Indonesia — (3.6)% |
| Indonesia Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.85%, 10/15/30 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(36400) | &nbsp;&nbsp;$(35416707) |
| &nbsp;&nbsp;&nbsp;4.20%, 10/15/50 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(64100) | &nbsp;&nbsp;&nbsp;&nbsp; (50796485) |
| &nbsp;&nbsp;&nbsp;4.30%, 3/31/52 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34800) | &nbsp;&nbsp;&nbsp;&nbsp; (27851645) |
| &nbsp;&nbsp;&nbsp;4.65%, 9/20/32 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40454) | &nbsp;&nbsp;&nbsp;&nbsp; (40202715) |
| &nbsp;&nbsp;&nbsp;4.90%, 4/16/36 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40000) | &nbsp;&nbsp;&nbsp;&nbsp; (39093606) |
| &nbsp;&nbsp;&nbsp;5.45%, 9/20/52 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21200) | &nbsp;&nbsp;&nbsp;&nbsp; (20318341) |
| &nbsp;&nbsp;&nbsp;5.65%, 1/11/53 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49290) | &nbsp;&nbsp;&nbsp;&nbsp; (48333463) |
|  |  |  | &nbsp;&nbsp;**$(262012962)** |
| Kazakhstan — (0.4)% | Kazakhstan — (0.4)% | Kazakhstan — (0.4)% | Kazakhstan — (0.4)% |
| Kazakhstan Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 10/14/44<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15452) | &nbsp;&nbsp;$(14155421) |
| &nbsp;&nbsp;&nbsp;6.50%, 7/21/45<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14022) | &nbsp;&nbsp;&nbsp;&nbsp; (15273865) |
|  |  |  | &nbsp;&nbsp;**$(29429286)** |
| Poland — (0.2)% | Poland — (0.2)% | Poland — (0.2)% | Poland — (0.2)% |
| Republic of Poland Government International Bonds, 1.00%, 3/7/29<sup>(7)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10844) | &nbsp;&nbsp;$(12119281) |
|  |  |  | &nbsp;&nbsp;**$(12119281)** |
| Qatar — (0.6)% | Qatar — (0.6)% | Qatar — (0.6)% | Qatar — (0.6)% |
| Global Sukuk Ventures, 4.25%, 11/10/35<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21505) | &nbsp;&nbsp;$(21025289) |
| Qatar Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.817%, 3/14/49<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6372) | &nbsp;&nbsp;&nbsp;&nbsp; (5807320) |
| &nbsp;&nbsp;&nbsp;5.103%, 4/23/48<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20310) | &nbsp;&nbsp;&nbsp;&nbsp; (19342721) |
|  |  |  | &nbsp;&nbsp;**$(46175330)** |
| Saudi Arabia — (1.8)% | Saudi Arabia — (1.8)% | Saudi Arabia — (1.8)% | Saudi Arabia — (1.8)% |
| Saudi Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 2/2/61<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9502) | &nbsp;&nbsp;$(5950760) |
| &nbsp;&nbsp;&nbsp;4.875%, 7/18/33<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7918) | &nbsp;&nbsp;&nbsp;&nbsp; (7888643) |
| &nbsp;&nbsp;&nbsp;4.875%, 1/12/36<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39591) | &nbsp;&nbsp;&nbsp;&nbsp; (38999770) |
| &nbsp;&nbsp;&nbsp;5.00%, 4/17/49<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35633) | &nbsp;&nbsp;&nbsp;&nbsp; (31157682) |
| &nbsp;&nbsp;&nbsp;5.25%, 1/16/50<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15730) | &nbsp;&nbsp;&nbsp;&nbsp; (14362558) |
| &nbsp;&nbsp;&nbsp;5.75%, 1/16/54<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35633) | &nbsp;&nbsp;&nbsp;&nbsp; (34248291) |
|  |  |  | &nbsp;&nbsp;**$(132607704)** |
| United Arab Emirates — (1.4)% | United Arab Emirates — (1.4)% | United Arab Emirates — (1.4)% | United Arab Emirates — (1.4)% |
| Abu Dhabi Government International Bonds: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 9/15/51<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33826) | &nbsp;&nbsp;$(21683040) |
| &nbsp;&nbsp;&nbsp;3.125%, 9/30/49<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16110) | &nbsp;&nbsp;&nbsp;&nbsp; (10757176) |
| &nbsp;&nbsp;&nbsp;4.25%, 3/5/36<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7867) | &nbsp;&nbsp;&nbsp;&nbsp; (7588146) |
| &nbsp;&nbsp;&nbsp;5.50%, 4/30/54<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39333) | &nbsp;&nbsp;&nbsp;&nbsp; (38239638) |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp; **Value** |
| United Arab Emirates (continued) | United Arab Emirates (continued) | United Arab Emirates (continued) | United Arab Emirates (continued) |
| UAE International Government Bonds, 4.857%, 7/2/34<sup>(7)</sup> | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19667) | &nbsp;&nbsp;$(20074387) |
|  |  |  | &nbsp;&nbsp;**$(98342387)** |
| Total Sovereign Government Bonds<br> (proceeds $774,639,336) |  |  | &nbsp;&nbsp;**$(772546395)** |
| Total Securities Sold Short<br> (proceeds $1,056,802,503) |  |  | &nbsp;&nbsp;**$(1063237044)** |

---

---

| | |
|:---|:---|
| Other Assets, Less Liabilities — 5.6% | &nbsp;&nbsp;**$400583242** |
| Net Assets — 100.0% | &nbsp;&nbsp;**$7205672625** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Consolidated Portfolio of Investments is based on net assets. | The percentage shown for each investment category in the Consolidated Portfolio of Investments is based on net assets. |
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Interest only security that entitles the holder to receive only interest payments on the underlying mortgages. Principal amount shown is the notional amount of the underlying mortgages on which coupon interest is calculated. |
| <sup>(2)</sup> | Inverse floating-rate security whose coupon varies inversely with changes in the interest rate index. The stated interest rate represents the coupon rate in effect at April 30, 2026. |
| <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 April 30, 2026, the aggregate value of these securities is $358,480,510 or 5.0% of the Portfolio's net assets. |
| <sup>(4)</sup> | Weighted average fixed-rate coupon that changes/updates monthly. Rate shown is the rate at April 30, 2026. |
| <sup>(5)</sup> | Non-income producing security. |
| <sup>(6)</sup> | Securities are traded on separate exchanges for the same entity. |
| <sup>(7)</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 April 30, 2026, the aggregate value of these securities is $819,207,385 or 11.4% of the Portfolio's net assets. |
| <sup>(8)</sup> | Security whose performance is linked to the price of an underlying security issued by the United Republic of Tanzania. The investment is subject to credit risk of the issuing financial institution (Absa Bank Ltd.) in addition to the market risk of the underlying security. |
| <sup>(9)</sup> | Issuer is in default with respect to interest and/or principal payments or has declared bankruptcy and is non-income producing. For a variable rate security, interest rate has been adjusted to reflect non-accrual status. |
| <sup>(10)</sup> | Represents a payment-in-kind security which may pay interest in additional principal at the issuer's discretion. |

---

*26*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

<sup>(11)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(12)</sup> Perpetual security with no stated maturity date but may be subject to calls by the issuer.

<sup>(13)</sup> Security converts to variable rate after the indicated fixed-rate coupon period.

<sup>(14)</sup> Security (or a portion thereof) has been pledged for the benefit of the counterparty for reverse repurchase agreements.

<sup>(15)</sup> Quantity held represents principal in USD.

<sup>(16)</sup> Security is subject to risk of loss depending on the occurrence, frequency and severity of the loss events that are covered by underlying reinsurance contracts and that may occur during a specified risk period.

<sup>(17)</sup> Restricted security (see Note 5).

<sup>(18)</sup> Limited recourse note whose payments by the issuer are limited to amounts received by the issuer from the borrower pursuant to a loan agreement with the borrower.

<sup>(19)</sup> Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

<sup>(20)</sup> Unfunded or partially unfunded loan commitments. The stated interest rate reflects the reference rate and spread for the funded portion, if any. At April 30, 2026, the total value of unfunded loan commitments is $120,299,206. See Note 1F for description.

<sup>(21)</sup> Step coupon security. Interest rate represents the rate in effect at April 30, 2026.

<sup>(22)</sup> When-issued security.

<sup>(23)</sup> Inflation-linked security whose principal is adjusted for inflation based on changes in a designated inflation index or inflation rate for the applicable country. Interest is calculated based on the inflation-adjusted principal.

<sup>(24)</sup> Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026.

<sup>(25)</sup> Interest only security that entitles the holder to receive only a portion of the interest payments on the underlying loans. Principal amount shown is the notional amount of the underlying loans on which coupon interest is calculated.

<sup>(26)</sup> The stated interest rate represents the weighted average fixed interest rate at April 30, 2026 of all interest only securities comprising the trust.

<sup>(27)</sup> May be deemed to be an affiliated investment company (see Note 9). The rate shown is the annualized seven-day yield as of April 30, 2026.

<sup>(28)</sup> Open repurchase agreement with no specific maturity date. Either party may terminate the agreement upon demand.

<sup>(29)</sup> Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Call USD vs. Put EUR | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;EUR | &nbsp;&nbsp;383294000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 1.13 | &nbsp;&nbsp;7/23/26 | &nbsp;&nbsp;$681527 |
| Call USD vs. Put EUR | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;EUR | &nbsp;&nbsp;280991000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 1.10 | &nbsp;&nbsp;1/25/27 | &nbsp;&nbsp;&nbsp;&nbsp;1179311 |
| Call USD vs. Put EUR | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;EUR | &nbsp;&nbsp;241000000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 1.12 | &nbsp;&nbsp;5/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 57136 |
| Call USD vs. Put EUR | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;EUR | &nbsp;&nbsp;377000000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp; 1.12 | &nbsp;&nbsp;5/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 88493 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 82000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 210494 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 63180000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.75 | &nbsp;&nbsp; 7/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 128887 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14520000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.72 | &nbsp;&nbsp;7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 23188 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 76000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 195092 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 78500000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.72 | &nbsp;&nbsp;7/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 125365 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 48000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 123216 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 71000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 182257 |
| Put USD vs. Call CNH | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;108000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.72 | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 164268 |
| Put USD vs. Call CNH | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 99000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 254133 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 50900000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp; 47388 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 27200000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp; 25323 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 26300000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/30/29 | &nbsp;&nbsp;&nbsp;&nbsp; 24696 |

---

*27*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Put USD vs. Call KRW | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 50700000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 9/8/26 | &nbsp;&nbsp;$399415 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 38000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 382546 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 35000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1425.00 | &nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp; 422590 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 33000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp;9/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 261525 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 39000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 404703 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 54000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 379836 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1600000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 11414 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 37000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 379472 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 56000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 397880 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 28400000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 201782 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 32000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 252096 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 35000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1420.00 | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 374570 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;USD | &nbsp;&nbsp; 23700000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1440.00 | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 189244 |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$7567847** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** | **Purchased Call Futures Style Options (Exchange-Traded) — (0.1)%** |
| **Description** | &nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| Dutch TTF Natural Gas Futures 09/26 | &nbsp;&nbsp; 793 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 26258450 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 85.00 | &nbsp;&nbsp;8/26/26 | &nbsp;&nbsp;$(4417031) |
| ICE Brent Crude Oil Futures 07/26 | &nbsp;&nbsp;1473 | &nbsp;&nbsp;USD | &nbsp;&nbsp;154768110 | &nbsp;&nbsp;USD | &nbsp;&nbsp;150.00 | &nbsp;&nbsp;5/26/26 | &nbsp;&nbsp;(4974215) |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$(9391246)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** | **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** | **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** | **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** | **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** | **Purchased Interest Rate Swaptions (OTC) — 0.0%<sup>†</sup>** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Option to enter into interest rate swap expiring 1/29/37 to pay 4.50% and receive SOFR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;242415000 | &nbsp;&nbsp;1/27/27 | &nbsp;&nbsp;$2213007 |
| **Total** |  |  |  |  | &nbsp;&nbsp;**$2213007** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Purchased Call Options (Exchange-Traded) — 0.1%** | **Purchased Call Options (Exchange-Traded) — 0.1%** | **Purchased Call Options (Exchange-Traded) — 0.1%** | **Purchased Call Options (Exchange-Traded) — 0.1%** | **Purchased Call Options (Exchange-Traded) — 0.1%** | **Purchased Call 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** |
| LME Primary Aluminum Futures 12/26 | &nbsp;&nbsp;1617 | $&nbsp;&nbsp; 139486463 | $&nbsp;&nbsp; 3700.00 | &nbsp;&nbsp;12/2/26 | &nbsp;&nbsp;$5359142 |
| **Total** |  |  |  |  | &nbsp;&nbsp;**$5359142** |

---

*28*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** | **Purchased Put Options (Exchange-Traded) — 0.1%** |
| **Description** | &nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| CME E-mini S&P 500 Index Futures 06/26 | &nbsp;&nbsp; 955 | &nbsp;&nbsp;USD | &nbsp;&nbsp;345889063 | &nbsp;&nbsp;USD | &nbsp;&nbsp;6100 | &nbsp;&nbsp; 6/18/26 | &nbsp;&nbsp;$635075 |
| Euro STOXX 50 Index | &nbsp;&nbsp;2227 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;130981228 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;5350 | &nbsp;&nbsp; 5/15/26 | &nbsp;&nbsp; 219625 |
| NYMEX Light Sweet Crude Oil Futures 06/26 | &nbsp;&nbsp; 341 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 35828870 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 42 | &nbsp;&nbsp; 5/14/26 | &nbsp;&nbsp; 3410 |
| NYMEX Light Sweet Crude Oil Futures 06/26 | &nbsp;&nbsp; 294 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 30890580 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 50 | &nbsp;&nbsp; 5/14/26 | &nbsp;&nbsp; 2940 |
| NYMEX Light Sweet Crude Oil Futures 06/26 | &nbsp;&nbsp; 755 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 79327850 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 60 | &nbsp;&nbsp; 5/14/26 | &nbsp;&nbsp; 22650 |
| NYMEX Light Sweet Crude Oil Futures 09/26 | &nbsp;&nbsp; 926 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 97294820 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 60 | &nbsp;&nbsp; 8/17/26 | &nbsp;&nbsp; 777840 |
| NYMEX Light Sweet Crude Oil Futures 12/26 | &nbsp;&nbsp; 473 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 49698110 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 50 | &nbsp;&nbsp;11/17/26 | &nbsp;&nbsp; 373670 |
| NYMEX Light Sweet Crude Oil Futures 12/26 | &nbsp;&nbsp; 976 | &nbsp;&nbsp;USD | &nbsp;&nbsp;102548320 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 55 | &nbsp;&nbsp;11/17/26 | &nbsp;&nbsp;1220000 |
| NYMEX Light Sweet Crude Oil Futures 12/26 | &nbsp;&nbsp; 253 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 26582710 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 58 | &nbsp;&nbsp;11/17/26 | &nbsp;&nbsp; 412390 |
| NYMEX Light Sweet Crude Oil Futures 12/26 | &nbsp;&nbsp;1204 | &nbsp;&nbsp;USD | &nbsp;&nbsp;126504280 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 60 | &nbsp;&nbsp;11/17/26 | &nbsp;&nbsp;2347800 |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$6015400** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** | **Written Currency Options (OTC) — (0.0)%<sup>†</sup>** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Call USD vs. Put BRL (Digital Option) | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7038000 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 7.00 | &nbsp;&nbsp;7/12/27 | &nbsp;&nbsp;$(659419) |
| Call USD vs. Put BRL (Digital Option) | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5630000 | &nbsp;&nbsp;BRL | &nbsp;&nbsp; 7.00 | &nbsp;&nbsp;7/14/27 | &nbsp;&nbsp;&nbsp;&nbsp; (531179) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;38000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1590.00 | &nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; (164692) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp;35000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1610.00 | &nbsp;&nbsp;10/1/26 | &nbsp;&nbsp;&nbsp;&nbsp; (131250) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;39000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1630.00 | &nbsp;&nbsp;9/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; (102336) |
| Call USD vs. Put KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp;37000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1600.00 | &nbsp;&nbsp;9/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; (143893) |
| Call USD vs. Put KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;35000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;1630.00 | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; (97545) |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$(1830314)** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 44383562 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8892488 | &nbsp;&nbsp;&nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$70629 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 8869705 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 44383562 | &nbsp;&nbsp;&nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (93412) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 135616438 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 27185815 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 201486 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 107700000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 21559403 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190263 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 48772538 | &nbsp;&nbsp;&nbsp;&nbsp;BRL | &nbsp;&nbsp;&nbsp;&nbsp; 243316438 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (364430) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 37354270 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 637891 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30255) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 75000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1308521 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (88507) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 372445730 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6410426 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (351903) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5234863 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 293100000 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 467047 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2084115 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 116700000 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 185772 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1340411 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 75000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120396 |

---

*29*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 182338500 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3166259 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(200145) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 248810849 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4261262 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (213838) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 429984000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7341996 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (347415) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 417603700 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7140966 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (347776) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 465800000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7961713 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (384510) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 374554469 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6485230 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (392325) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 374616200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6504883 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (410973) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 369645900 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6434499 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (421442) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 503941310 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8785588 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (587937) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 515980000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8986850 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (593365) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 609140000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 10653026 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (744100) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp; 687397300 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 11981825 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (799882) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1027802600 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 17572279 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (852938) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1325000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 22707798 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1153925) |
| PHP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1198551900 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 20848007 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1351074) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 19422666 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1090000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1691555 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 14407684 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 810000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1231354 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 13178985 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 740000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1141350 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 13535784 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 762200000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1137020 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 13005523 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 730000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1130559 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 12430302 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 700000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1043350 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 12412448 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 700000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1025496 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 10634150 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 600000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 873905 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7862364 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 441000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 688584 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7094840 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 400000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 588011 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7093834 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 400000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 587004 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6449532 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 362000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 560852 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4705778 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 264700000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 399883 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4261226 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 237900000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 391289 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3205300 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 179000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 293494 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3189025 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 179000000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 277219 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1947096 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 108500000 | &nbsp;&nbsp;&nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 182119 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;31116000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 34755995 | &nbsp;&nbsp;&nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (174929) |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 356000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 70699869 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 674373 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 243316438 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 48432266 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 350112 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 75555556 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 15018208 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 129883 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 9444444 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 1873965 | &nbsp;&nbsp;&nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19547 |
| BRL | &nbsp;&nbsp;&nbsp;&nbsp; 44383562 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8800413 | &nbsp;&nbsp;&nbsp;&nbsp;6/3/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95760 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7521500000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8139183 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 220212 |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3335800000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3762251 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (54843) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9233000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 10372875 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (111320) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7578100000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8548047 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (125747) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;16103000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 18163873 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (267000) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 27940000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 32336426 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520328 |

---

*30*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 43374216 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 50698603 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$308409 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 15158896 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 17544185 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 282305 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 29394980 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 34358763 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 209011 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 26159593 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 30577033 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 186006 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 22298587 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 26064038 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158553 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 8055561 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 9323123 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150019 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 20820119 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 24335908 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 148040 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 18221432 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 21298394 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 129562 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 6804000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7874626 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 126711 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 14566404 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 17026160 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103573 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 4935154 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5711712 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91908 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 5388517 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6298449 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38315 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1802376 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2085984 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33566 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp; 514058 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 594946 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9573 |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 417213577 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4441112 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (68095) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp; 732000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7795527 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (123082) |
| INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1098000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 11690801 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (182133) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2255000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 71049356 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 212905 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 753000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 23620211 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 176012 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 450500000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 14119159 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117492 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 269270000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8447660 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61781 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 751000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 23681703 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51316 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 10717410 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9900100000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (285561) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 11734831 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10857300000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (331972) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 58690040 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54130000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1470037) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 209962 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 181416 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3379) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 223165 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 192824 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3591) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 731612 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 632143 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11772) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3072234 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 2628391 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18689) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1670717 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1443568 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26884) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 1978996 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 1709934 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31844) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 9415864 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 8055561 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (57279) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 10228490 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 8750788 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (62222) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4991940 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 4313241 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (80326) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7328869 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 6332444 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (117929) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 26182576 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 22400000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (159274) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 9982895 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 8625631 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (160635) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 17924190 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 15487236 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (288419) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 22182085 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 19166232 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (356933) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 24906544 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 21520277 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (400773) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 31051765 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 26830000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (499656) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 32280196 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 27891415 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (519423) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 113569451 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 97162162 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (690865) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 44252148 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 38235673 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (712064) |

---

*31*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 51550920 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 44542112 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(829509) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 54555509 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 47138200 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (877856) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 56971003 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 49225286 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (916724) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 61663736 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 53280000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (992235) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 62493248 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 53996733 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1005583) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 64359675 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 55609403 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1035616) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 83275139 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 71953140 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1339986) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 132170951 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 114201129 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2126771) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 169046789 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 146063367 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2720143) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 103654180 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9646897609 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2540396 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 29505047 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2745978704 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 723121 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 20973889 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1952000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 514036 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 16062673 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1507000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 267080 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 15039104 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1423000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 123955 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 15992071 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1514810500 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114611 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 8653444 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 815800000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102651 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4007640 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 376000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66603 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5259826 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 496000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61011 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3735489 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 352000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46007 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3734193 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 352000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44712 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3984746 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 377000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33227 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4098029 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 388189500 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29228 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3979396 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 377000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27877 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3957241 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 375000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26685 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3969773 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 376500000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23495 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3973817 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 377000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22298 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3973160 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 377000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21641 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3967811 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 376500000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21533 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 2973050 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 282000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17272 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 61245 | &nbsp;&nbsp;&nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp; 5700000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1501 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 69275135 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4101850000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2581535 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 24363332 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1442577276 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 907899 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 14847972 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 895110000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 294025 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 13438405 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 808588844 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 291240 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 12275810 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 744000000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 178820 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 10423304 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 631548000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154716 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7473767 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 451210000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137365 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 6700050 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 404080000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 129953 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7447369 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 450752000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118414 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 8327291 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 505300000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111418 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5674318 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 342360000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107752 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 8465514 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 514280000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103633 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 7375833 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 447381156 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101686 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 5555316 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 335680000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97363 |

---

*32*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3686097 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 222293000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$71747 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3697741 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 223010000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71733 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3583096 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 216290000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66351 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3703740 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 223817000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64611 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3712932 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 224420000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63998 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3660261 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 221530000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58318 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3730252 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 225960000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56279 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3572160 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 216280000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55578 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 3324089 | &nbsp;&nbsp;&nbsp;&nbsp;PHP | &nbsp;&nbsp;&nbsp;&nbsp; 201360000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50097 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 363300200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 11335420 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 139634 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 302690000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 9438416 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 122228 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 302750000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 9443997 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118542 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 243820000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7611050 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90150 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 242210000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7560769 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89578 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 241800000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7553653 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83744 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 120920000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3770627 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48704 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 239359800 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7520605 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39717 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 188900000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5941485 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25035 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 214721600 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6786397 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4287) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 170651400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5395750 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5624) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 213195000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6743050 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9158) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 211057800 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6681370 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (14983) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 243647700 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7712811 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17053) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 266127400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8423086 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17293) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 316728000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 10021769 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17726) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 173025400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5485382 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20271) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 271875200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8607731 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20391) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 188970500 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5989556 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20810) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 184696832 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;3142801300000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4305501 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 171560296 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;2919270000000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3999273 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 14920402 | &nbsp;&nbsp;&nbsp;&nbsp;IDR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257749950000 | &nbsp;&nbsp;&nbsp;&nbsp;9/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 126003 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 153862000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 4820238 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35304 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 180621000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5668319 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31677 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 114081000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3575198 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24944 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 114151000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3581767 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20584 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 169226700 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5360680 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20262) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 176070000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5584613 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (28236) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 241860000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7665927 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (33364) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 297550000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 9434113 | &nbsp;&nbsp;&nbsp;&nbsp;10/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (44097) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 281304768 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8913923 | &nbsp;&nbsp;&nbsp;&nbsp;10/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (37424) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 517023532 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 16372385 | &nbsp;&nbsp;&nbsp;&nbsp;10/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (57840) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$9747928** |

---

*33*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 2293933395 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4953537 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(2085) |
| KZT | &nbsp;&nbsp; 156661095 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 340809 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2656) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 2137272300 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3826808 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 786491 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp; 2923688000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 811009 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (34735) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;22141044000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5947928 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (69218) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;12875755000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3477584 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (58918) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;25263267000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6782139 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (74442) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;29390200000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8186685 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (383238) |
| USD | &nbsp;&nbsp; 6584445 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 349304833 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 69995 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 338295 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 156661095 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 142 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 4477715 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;2293933395 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (473737) |
| USD | &nbsp;&nbsp; 6041213 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;22141044000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 162503 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 785414 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;2923688000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9140 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3458919 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;12875755000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 40253 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 5345668 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;19271134000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 228953 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3563779 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;12829604000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 157367 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2102515 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;7842380364 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 20270 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 14791443 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 595917655 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6239 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 14629131 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 595917655 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (156073) |
| UYU | &nbsp;&nbsp; 595917655 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14791443 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6239) |
| UYU | &nbsp;&nbsp; 595917655 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14954019 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (168815) |
| USD | &nbsp;&nbsp; 6505145 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 349342565 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6466) |
| USD | &nbsp;&nbsp; 2247434 | &nbsp;&nbsp;ZMW | &nbsp;&nbsp; 42701237 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (39112) |
| EUR | &nbsp;&nbsp; 4530991 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5343474 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (24933) |
| EUR | &nbsp;&nbsp; 1017042 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1193748 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 69 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 2252073 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2646795 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3280) |
| EUR | &nbsp;&nbsp; 90320588 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 105800760 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 218831 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 3196889 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3744808 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7746 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 1709934 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2003002 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4143 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 456915 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 535226 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1107 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 55856615 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 65739980 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (174690) |
| EUR | &nbsp;&nbsp; 12593153 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14726413 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 55609 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 2549657 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3014699 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (21875) |
| EUR | &nbsp;&nbsp; 53163258 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 62481809 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (78021) |
| EUR | &nbsp;&nbsp; 8935606 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10451957 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 36785 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 975266 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1140214 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4567 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 1130347 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1323669 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3149 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 486282 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 568349 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2456 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 6708895 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7904453 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (29457) |
| EUR | &nbsp;&nbsp; 25987055 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 30618076 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (114101) |
| EUR | &nbsp;&nbsp; 14372659 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16838911 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 31921 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 18279252 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21429822 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 26624 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 802639 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 946359 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4209) |

---

*34*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| EUR | &nbsp;&nbsp; 17236814 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 20185760 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;$47057 | &nbsp;&nbsp;$— |
| EUR | &nbsp;&nbsp; 8041428 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9415738 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 23405 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 3352704 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3929777 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5675 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 811328 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 955975 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3627) |
| USD | &nbsp;&nbsp; 836290 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 709323 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3677 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1772408 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1513872 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4596) |
| USD | &nbsp;&nbsp; 2869337 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2449801 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6274) |
| USD | &nbsp;&nbsp; 705017 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 608153 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8843) |
| USD | &nbsp;&nbsp; 7804042 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 6665973 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20573) |
| USD | &nbsp;&nbsp; 2363909 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2018035 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4889) |
| USD | &nbsp;&nbsp; 5054432 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 4314896 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10454) |
| USD | &nbsp;&nbsp; 14033269 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 11980000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (29025) |
| USD | &nbsp;&nbsp; 33832966 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 28882717 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (69978) |
| USD | &nbsp;&nbsp; 50531645 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 43138139 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (104516) |
| USD | &nbsp;&nbsp; 71414102 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 60965192 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (147708) |
| USD | &nbsp;&nbsp; 12073390 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 10253810 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 37322 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2479861 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2101860 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 12667 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 8812294 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 7540000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (38265) |
| USD | &nbsp;&nbsp; 733736 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 620915 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4897 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 19198978 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 16355957 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 124 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 9784297 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 8370846 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (41521) |
| USD | &nbsp;&nbsp; 20543551 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 17464200 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 43824 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 6952077 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 5905180 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 20493 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 12997763 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 11106810 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (39568) |
| USD | &nbsp;&nbsp; 43671422 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 37690000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (569636) |
| USD | &nbsp;&nbsp; 15119275 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 12924696 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (51916) |
| USD | &nbsp;&nbsp; 3322183 | &nbsp;&nbsp;VND | &nbsp;&nbsp;87605969900 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1129) |
| VND | &nbsp;&nbsp;&nbsp;&nbsp;87605969900 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3337625 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (14312) |
| EUR | &nbsp;&nbsp; 5314431 | &nbsp;&nbsp;RON | &nbsp;&nbsp; 29205455 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (355714) |
| RON | &nbsp;&nbsp; 29205455 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 5463048 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 181233 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp;&nbsp;&nbsp; 1360023592 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 29814856 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 75406 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp; 115936017 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2545547 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2466 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5447944738 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11319934 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 401740 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;15255496148 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4096876 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (51702) |
| USD | &nbsp;&nbsp; 10458278 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;5017359000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (336957) |
| USD | &nbsp;&nbsp; 10458278 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;5017359000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (336957) |
| USD | &nbsp;&nbsp; 20916562 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;10013804000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (628911) |
| USD | &nbsp;&nbsp; 1781890 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;6628630000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 24231 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp;&nbsp;&nbsp; 1127516629 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 24119228 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 521308 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 24024538 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;1127516629 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (615998) |
| TRY | &nbsp;&nbsp;&nbsp;&nbsp; 5016982549 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 106921470 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2513007 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 106786625 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;5016982549 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2647852) |
| VND | &nbsp;&nbsp;&nbsp;&nbsp;61590554000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2348723 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;5/26/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15629) |

---

*35*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 15108560 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 605400000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;$111137 | &nbsp;&nbsp;$— |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;12245054577 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 23776805 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2297653 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 6193359654 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11921770 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1266288 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 6187315937 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11921611 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1253579 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5273747643 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10210547 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1019302 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;12608659737 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 23589635 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3259080 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 336274 | &nbsp;&nbsp;KZT | &nbsp;&nbsp; 156661095 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2681 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 8325531 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;4301385547 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (833783) |
| USD | &nbsp;&nbsp; 26382536 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;12810700000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (896400) |
| USD | &nbsp;&nbsp; 31471631 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;16318040589 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3275791) |
| USD | &nbsp;&nbsp; 11325113 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 446855000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 262756 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3306061 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 131449000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 51906 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 7549082 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 298000000 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 171784 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;10847122000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21373639 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1696631 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;10809719000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21373641 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1617078 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;10789415000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21373643 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1573893 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 10458282 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;5094752000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (377524) |
| USD | &nbsp;&nbsp; 20916564 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;10165450000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (703888) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5560242096 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10986450 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 834704 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5559143452 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10986450 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 832368 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5552551580 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10986450 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 818354 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5559143452 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10986450 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 818345 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 2223217921 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4394580 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 326405 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MYR | &nbsp;&nbsp; 345062530 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 88125072 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1092641) |
| MYR | &nbsp;&nbsp; 188000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 47983665 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/16/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (565892) |
| CZK | &nbsp;&nbsp;&nbsp;&nbsp; 2974600000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 121576000 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 274862 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 60315744 | &nbsp;&nbsp;CZK | &nbsp;&nbsp;&nbsp;&nbsp;1477223051 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (207525) |
| EUR | &nbsp;&nbsp; 61129902 | &nbsp;&nbsp;CZK | &nbsp;&nbsp;&nbsp;&nbsp;1497376949 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (220630) |
| EUR | &nbsp;&nbsp; 704792 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 258659830 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2673) |
| EUR | &nbsp;&nbsp; 1503475 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 553849541 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12361) |
| EUR | &nbsp;&nbsp; 2425722 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 918718779 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (100733) |
| EUR | &nbsp;&nbsp; 11435221 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;4521357267 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1086861) |
| EUR | &nbsp;&nbsp; 470824 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 182208517 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (32052) |
| EUR | &nbsp;&nbsp; 6151473 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;2331854479 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (262022) |
| EUR | &nbsp;&nbsp; 6614159 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;2552734493 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (427958) |
| EUR | &nbsp;&nbsp; 6659964 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;2574510021 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (444091) |
| EUR | &nbsp;&nbsp; 2088103 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 764429344 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1784) |
| EUR | &nbsp;&nbsp; 8308706 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;3159881306 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (386952) |
| EUR | &nbsp;&nbsp; 16238986 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;6150629690 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (675227) |
| EUR | &nbsp;&nbsp; 106250865 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;42391969999 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11325242) |
| EUR | &nbsp;&nbsp; 3295405 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;1289337252 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (269402) |
| EUR | &nbsp;&nbsp; 12835727 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;4722476038 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (86419) |
| EUR | &nbsp;&nbsp; 28616228 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;11331740006 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2775143) |
| EUR | &nbsp;&nbsp; 616755 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 225933293 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (999) |

---

*36*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| EUR | &nbsp;&nbsp; 603470 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 231997139 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(36115) |
| EUR | &nbsp;&nbsp; 1308262 | &nbsp;&nbsp;HUF | &nbsp;&nbsp; 512466728 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (108896) |
| EUR | &nbsp;&nbsp; 9114874 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;3502561727 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (540502) |
| EUR | &nbsp;&nbsp; 12557000 | &nbsp;&nbsp;HUF | &nbsp;&nbsp;&nbsp;&nbsp;4931603600 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1086458) |
| EUR | &nbsp;&nbsp; 121476619 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 521900000 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1115435) |
| EUR | &nbsp;&nbsp; 119393309 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 509123636 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (40926) |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp; 4551795141 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 12521984 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (93300) |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;21784128451 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 57075821 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2907713 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;64129299805 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 166159606 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 10751070 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp; 9173157024 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 23808529 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1489877 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;17172316039 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 46763656 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 209387 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp; 6330054861 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 17255041 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 57153 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;121212371406 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 306099577 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 29684912 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;31352591208 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 79175209 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7678250 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HUF | &nbsp;&nbsp;&nbsp;&nbsp;13081351319 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 35637697 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 142386 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 307052378 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 98285067 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5903477 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 115164744 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 37421282 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1656243 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 103580238 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 33679154 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1467534 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 27693246 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8981108 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 415722 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 233552471 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 74199492 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5049176 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 115394151 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 36919985 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2235382 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 9422118 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3056252 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 140847 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 173028337 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 56131923 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2579788 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 57585740 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 18710641 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 829264 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 115444655 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 37332942 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1839563 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ILS | &nbsp;&nbsp; 56131922 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 18274133 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 772466 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;11002929182 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21972899 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1373262 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp; 1376528187 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 76852500 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1664900 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 521900000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 121907921 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 608235 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| SEK | &nbsp;&nbsp; 31930000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 2991276 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (51519) |
| SEK | &nbsp;&nbsp;&nbsp;&nbsp; 1246650000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 117052735 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2321558) |
| SEK | &nbsp;&nbsp;&nbsp;&nbsp; 1248110000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 135274378 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 213694 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| SEK | &nbsp;&nbsp; 25520000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2771328 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1015) |
| USD | &nbsp;&nbsp; 37908378 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 139215676 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4370 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 43250213 | &nbsp;&nbsp;BHD | &nbsp;&nbsp; 16349878 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (39167) |
| USD | &nbsp;&nbsp; 7219721 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 5340000 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (46123) |
| USD | &nbsp;&nbsp; 136574776 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 101640000 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1721176) |
| USD | &nbsp;&nbsp; 17847523 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 56374738 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1281467) |
| USD | &nbsp;&nbsp; 22238633 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 69904673 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1481314) |
| USD | &nbsp;&nbsp; 53541356 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 168748379 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3718087) |
| USD | &nbsp;&nbsp; 4777937 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 15085261 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (340771) |
| USD | &nbsp;&nbsp; 17597360 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 55623074 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1276576) |

---

*37*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 37583158 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 118533521 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(2637456) |
| USD | &nbsp;&nbsp; 37583158 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 118641912 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2674234) |
| USD | &nbsp;&nbsp; 37583158 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 118651157 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2677371) |
| USD | &nbsp;&nbsp; 37583158 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 118836140 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2740140) |
| USD | &nbsp;&nbsp; 37583158 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 118845463 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2743303) |
| USD | &nbsp;&nbsp; 112749474 | &nbsp;&nbsp;ILS | &nbsp;&nbsp; 354805682 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7642648) |
| USD | &nbsp;&nbsp; 20606836 | &nbsp;&nbsp;INR | &nbsp;&nbsp;&nbsp;&nbsp;1932200000 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 354517 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 7177713 | &nbsp;&nbsp;JPY | &nbsp;&nbsp;&nbsp;&nbsp;1127566391 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (49534) |
| USD | &nbsp;&nbsp; 79341087 | &nbsp;&nbsp;MXN | &nbsp;&nbsp;&nbsp;&nbsp;1376528187 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 823686 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1815626 | &nbsp;&nbsp;NZD | &nbsp;&nbsp; 3060956 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4729 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 518546 | &nbsp;&nbsp;NZD | &nbsp;&nbsp; 874215 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1351 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 20106415 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 75555000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (29345) |
| USD | &nbsp;&nbsp; 137637429 | &nbsp;&nbsp;SEK | &nbsp;&nbsp;&nbsp;&nbsp;1271708324 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (412350) |
| USD | &nbsp;&nbsp; 207353 | &nbsp;&nbsp;SEK | &nbsp;&nbsp; 1921676 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1253) |
| USD | &nbsp;&nbsp; 14877856 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 595917655 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 135365 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 15135135 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 616000000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (104176) |
| USD | &nbsp;&nbsp; 5911000 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 229400000 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 235841 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 22813454 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 384409068 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (189108) |
| USD | &nbsp;&nbsp; 114095646 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;1922386133 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (937555) |
| USD | &nbsp;&nbsp; 41493712 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 714243137 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1245711) |
| USD | &nbsp;&nbsp; 290715775 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;5022027799 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9796137) |
| USD | &nbsp;&nbsp; 277058986 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;4604000002 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1561339 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 65202739 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;&nbsp;&nbsp;1083500000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 367444 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 24919963 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 414105000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 140434 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 10205229 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 167939367 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 155946 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 7823129 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 128739038 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 119545 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 15638157 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 268688565 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (439833) |
| USD | &nbsp;&nbsp; 15593599 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 268967750 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (501098) |
| USD | &nbsp;&nbsp; 18893265 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 324463681 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (522239) |
| VND | &nbsp;&nbsp;&nbsp;&nbsp;88357299900 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3313792 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 27185 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 793081712 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 46331632 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1125393 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 506085086 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 29935589 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 347914 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 511049374 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 30251601 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 328959 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 814225796 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 47298077 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1424185 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp; 2706344540 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 160624405 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1319894 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 10681875 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 649710 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10520) |
| ZAR | &nbsp;&nbsp; 15485715 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 944261 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (17615) |
| ZAR | &nbsp;&nbsp; 54029140 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3286246 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (53210) |
| ZAR | &nbsp;&nbsp; 78327061 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4776093 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (89099) |
| ZAR | &nbsp;&nbsp; 250827651 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15256239 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (247023) |
| ZAR | &nbsp;&nbsp; 363629570 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 22172778 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (413636) |
| ZAR | &nbsp;&nbsp; 80629469 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4779979 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 44788 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 188644735 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11180564 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 107703 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*38*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp; 1398145942 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 85345432 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(1682114) |
| ZAR | &nbsp;&nbsp; 10757693 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 650798 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7071) |
| ZAR | &nbsp;&nbsp; 10751185 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 650798 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7461) |
| ZAR | &nbsp;&nbsp; 10740121 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 650798 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8123) |
| ZAR | &nbsp;&nbsp; 10739796 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 650798 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8142) |
| ZAR | &nbsp;&nbsp; 10736868 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 650798 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8317) |
| ZAR | &nbsp;&nbsp; 10736867 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 650798 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8317) |
| ZAR | &nbsp;&nbsp; 11680499 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 707695 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8748) |
| ZAR | &nbsp;&nbsp; 54412632 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3291750 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (35766) |
| ZAR | &nbsp;&nbsp; 54379714 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3291750 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (37736) |
| ZAR | &nbsp;&nbsp; 54323754 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3291750 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (41084) |
| ZAR | &nbsp;&nbsp; 54322108 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3291750 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (41183) |
| ZAR | &nbsp;&nbsp; 54307295 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3291750 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (42069) |
| ZAR | &nbsp;&nbsp; 54307295 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3291750 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (42069) |
| ZAR | &nbsp;&nbsp; 59080204 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3579534 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (44248) |
| ZAR | &nbsp;&nbsp; 252607991 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15281790 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (166041) |
| ZAR | &nbsp;&nbsp; 252455173 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15281790 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (175186) |
| ZAR | &nbsp;&nbsp; 246537006 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14937110 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (184642) |
| ZAR | &nbsp;&nbsp; 252195382 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15281790 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (190731) |
| ZAR | &nbsp;&nbsp; 252187741 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15281790 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (191189) |
| ZAR | &nbsp;&nbsp; 252118974 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15281790 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (195304) |
| ZAR | &nbsp;&nbsp; 252118973 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15281790 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (195304) |
| ZAR | &nbsp;&nbsp; 10684609 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 650798 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11444) |
| ZAR | &nbsp;&nbsp; 54042968 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3291750 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (57886) |
| ZAR | &nbsp;&nbsp; 250891846 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15281790 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (268733) |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp; 3637854058 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 221736542 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4051869) |
| ZAR | &nbsp;&nbsp; 813989000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 47357982 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1350109 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ZAR | &nbsp;&nbsp; 15743810 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 958122 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (16032) |
| ZAR | &nbsp;&nbsp; 79632513 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4846200 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (81089) |
| ZAR | &nbsp;&nbsp; 369690062 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 22498245 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (376451) |
| EUR | &nbsp;&nbsp; 381007 | &nbsp;&nbsp;ISK | &nbsp;&nbsp; 56042270 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7172) |
| ISK | &nbsp;&nbsp;&nbsp;&nbsp; 8424757596 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 57276209 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1078210 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 9039750000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16612607 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2530230 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 8325531 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;4323031925 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (829047) |
| USD | &nbsp;&nbsp; 6650403 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;3492087792 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (744544) |
| EGP | &nbsp;&nbsp; 391740422 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7811764 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (690560) |
| USD | &nbsp;&nbsp; 7826981 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 391740422 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 705777 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 13224171 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 547322000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (308923) |
| USD | &nbsp;&nbsp; 9918066 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 406244000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/25/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (125970) |
| EGP | &nbsp;&nbsp; 144981488 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2858468 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (228748) |
| USD | &nbsp;&nbsp; 2862418 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 144981488 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 232698 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 708983 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 28912345 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5633) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 2984767386 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5612575 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 688174 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 7748260 | &nbsp;&nbsp;NGN | &nbsp;&nbsp;10956040000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (49409) |

---

*39*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| ZMW | &nbsp;&nbsp; 24108114 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1054145 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;$231470 | &nbsp;&nbsp;$— |
| USD | &nbsp;&nbsp; 3874131 | &nbsp;&nbsp;NGN | &nbsp;&nbsp;&nbsp;&nbsp;5528385000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (58022) |
| USD | &nbsp;&nbsp; 7748260 | &nbsp;&nbsp;NGN | &nbsp;&nbsp;11141998000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (176666) |
| EGP | &nbsp;&nbsp; 875232000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 17245951 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;7/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1425607) |
| USD | &nbsp;&nbsp; 17144603 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 875232000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1324260 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 13055556 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 535800000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (178649) |
| VND | &nbsp;&nbsp;&nbsp;&nbsp;43620989550 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1638347 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;7/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 7881 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;211160554959 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7893853 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;7/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 73261 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;&nbsp;&nbsp;83352840000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3114830 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 30083 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 12408118 | &nbsp;&nbsp;ISK | &nbsp;&nbsp;&nbsp;&nbsp;1801162335 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 19030 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp;&nbsp;&nbsp; 4120222804 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 28302121 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 52883 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp;&nbsp;&nbsp; 3845248000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 26489722 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (40626) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 6842682000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12756678 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1576983 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 8695640 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;4626080264 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (994810) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5466319000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10206373 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1240109 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 8695640 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;4625210699 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (989560) |
| VND | &nbsp;&nbsp;124885791691 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4692309 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;7/22/26 | &nbsp;&nbsp;&nbsp;&nbsp; 16195 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 9039750000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16923617 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;7/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1998942 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;12429163000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3345696 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/24/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (102481) |
| USD | &nbsp;&nbsp; 3563779 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;13096888000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 146330 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 28853854 | &nbsp;&nbsp;UYU | &nbsp;&nbsp;&nbsp;&nbsp;1153000000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;7/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 408598 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 52319813 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 61065467 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 564741 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 52319813 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 61076162 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 554047 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 36800000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 43608000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (259380) |
| EUR | &nbsp;&nbsp; 46390000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 54832980 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (187804) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 7906379696 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 14861225 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1665512 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 27076962 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 23195000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (245626) |
| USD | &nbsp;&nbsp; 27072221 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 23195000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (250367) |
| USD | &nbsp;&nbsp; 121905164 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 104639626 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1355253) |
| USD | &nbsp;&nbsp; 42854410 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 36800000 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (494210) |
| USD | &nbsp;&nbsp; 8695640 | &nbsp;&nbsp;KZT | &nbsp;&nbsp;&nbsp;&nbsp;4629123737 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (980636) |
| USD | &nbsp;&nbsp; 3731493 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;13582633000 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;7/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 189757 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp;&nbsp;&nbsp; 1732063524 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 35112761 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 309871 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp; 6405486000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1707688 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (37814) |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp; 6379469000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1705070 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (41978) |
| USD | &nbsp;&nbsp; 34891163 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;1732063524 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (531468) |
| USD | &nbsp;&nbsp; 3563779 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;13061250000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;7/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 158784 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;11578770712 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21721490 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;7/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2464576 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 42915744 | &nbsp;&nbsp;ISK | &nbsp;&nbsp;&nbsp;&nbsp;6244240727 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 50910 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| ISK | &nbsp;&nbsp;&nbsp;&nbsp;16271173618 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 111829372 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;7/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (132661) |
| USD | &nbsp;&nbsp; 9071960 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 365600000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;7/31/26 | &nbsp;&nbsp;&nbsp;&nbsp; 57042 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;27604916000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 52063480 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;8/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5496879 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 15109363 | &nbsp;&nbsp;UYU | &nbsp;&nbsp; 614800000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (54708) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 1955000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3733766 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 338391 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*40*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5656648000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9831152 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/7/26 | &nbsp;&nbsp;$1947173 | &nbsp;&nbsp;$— |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5660326000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9832349 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;8/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1941163 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| VND | &nbsp;&nbsp;&nbsp;&nbsp;87605969900 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3276214 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;8/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 20473 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 30543777 | &nbsp;&nbsp;UYU | &nbsp;&nbsp;&nbsp;&nbsp;1224500000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;8/24/26 | &nbsp;&nbsp;&nbsp;&nbsp; 398972 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 85675616 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 373674198 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1972187) |
| PLN | &nbsp;&nbsp; 62500000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 14472953 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/2/26 | &nbsp;&nbsp;&nbsp;&nbsp; 161172 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 311174198 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 73103761 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (431325) |
| EUR | &nbsp;&nbsp; 87849427 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 384095265 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2272028) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 6453481242 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12087434 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1218522 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 6445624411 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12087434 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1202322 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 192047632 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 44463704 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 500232 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 192047633 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 45101614 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/4/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (252231) |
| EUR | &nbsp;&nbsp; 175681335 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 765092213 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3673076) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 6422416536 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12051823 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1171591 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 382546106 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 88548240 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1001788 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 382546107 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 89844689 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (527681) |
| EUR | &nbsp;&nbsp; 128911565 | &nbsp;&nbsp;PLN | &nbsp;&nbsp; 561280956 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2652827) |
| PLN | &nbsp;&nbsp; 280640477 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 64957059 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/9/26 | &nbsp;&nbsp;&nbsp;&nbsp; 735019 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| PLN | &nbsp;&nbsp; 280640479 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 65908061 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;9/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (386951) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;11530278757 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21972899 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1717705 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 9821596036 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 18786526 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1393345 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2729391 | &nbsp;&nbsp;EGP | &nbsp;&nbsp; 163627000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (150036) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;11481938383 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 21972899 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1601956 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5731630708 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10986450 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;9/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 781804 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MNT | &nbsp;&nbsp;&nbsp;&nbsp; 6729012000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1756922 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;9/28/26 | &nbsp;&nbsp;&nbsp;&nbsp; 83311 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MNT | &nbsp;&nbsp;&nbsp;&nbsp; 6933167000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1806924 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;10/5/26 | &nbsp;&nbsp;&nbsp;&nbsp; 87270 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;30180370000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1874557 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/5/26 | &nbsp;&nbsp;&nbsp;&nbsp; 575695 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;133280602632 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8278298 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2537869 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| RUB | &nbsp;&nbsp; 608703000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7598340 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 45426 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;12108369000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 19825410 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4787141 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3563779 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;13150345000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 200403 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1115634 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;4243703709 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 30250 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3563779 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;13257257000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/21/26 | &nbsp;&nbsp;&nbsp;&nbsp; 173821 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;11989997000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 19671857 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4633062 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3563778 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;13239437000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 179900 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp;18331299000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 30294660 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/27/26 | &nbsp;&nbsp;&nbsp;&nbsp; 6813689 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 13790701 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 5311475 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8980) |
| USD | &nbsp;&nbsp; 15169772 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 5842622 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9878) |
| USD | &nbsp;&nbsp; 16548842 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 6373770 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (10776) |
| USD | &nbsp;&nbsp; 18210311 | &nbsp;&nbsp;OMR | &nbsp;&nbsp; 7013683 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;10/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (11858) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 8238125000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15081236 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;11/2/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1561061 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5811233048 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9832349 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1903227 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp;24601779000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6676195 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (403719) |
| USD | &nbsp;&nbsp; 7127558 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;26550152000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/3/26 | &nbsp;&nbsp;&nbsp;&nbsp; 358324 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

*41*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 1781890 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;6637539000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/6/26 | &nbsp;&nbsp;$90747 | &nbsp;&nbsp;$— |
| ZMW | &nbsp;&nbsp; 42534000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1752534 | &nbsp;&nbsp;Societe Generale | &nbsp;&nbsp;11/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 487288 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UGX | &nbsp;&nbsp;&nbsp;&nbsp; 8392456552 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2265170 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (128958) |
| USD | &nbsp;&nbsp; 3563779 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;13310714000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 175674 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3563779 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;13317841000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 173860 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 474533000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3581381 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (64986) |
| USD | &nbsp;&nbsp; 3426231 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 474533000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (90164) |
| USD | &nbsp;&nbsp; 3563779 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;13381989000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/12/26 | &nbsp;&nbsp;&nbsp;&nbsp; 159169 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1781889 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;&nbsp;&nbsp;6788997000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/13/26 | &nbsp;&nbsp;&nbsp;&nbsp; 55066 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3563779 | &nbsp;&nbsp;UGX | &nbsp;&nbsp;13898738000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;11/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 31095 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| TRY | &nbsp;&nbsp;&nbsp;&nbsp; 2317752776 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 41939226 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/19/26 | &nbsp;&nbsp;&nbsp;&nbsp; 775112 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 42232767 | &nbsp;&nbsp;TRY | &nbsp;&nbsp;&nbsp;&nbsp;2317752776 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;11/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (481571) |
| USD | &nbsp;&nbsp; 133522609 | &nbsp;&nbsp;KWD | &nbsp;&nbsp; 40791157 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;11/23/26 | &nbsp;&nbsp;&nbsp;&nbsp; 303826 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 7994532 | &nbsp;&nbsp;UAH | &nbsp;&nbsp; 375743000 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/7/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (40659) |
| USD | &nbsp;&nbsp; 2413800 | &nbsp;&nbsp;UAH | &nbsp;&nbsp; 113690000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;12/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (15970) |
| USD | &nbsp;&nbsp; 3944979 | &nbsp;&nbsp;UAH | &nbsp;&nbsp; 189359000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;12/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (101980) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5918949673 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10986450 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 807635 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 5712953743 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10584444 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 799173 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 4974016797 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9242807 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 668406 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp;&nbsp;&nbsp;17292111000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11654981 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;12/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; 49164 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 8445701220 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 15890313 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;12/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 922239 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| JPY | &nbsp;&nbsp; 95799780 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 644050 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;1/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (20019) |
| JPY | &nbsp;&nbsp; 377643780 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 2670245 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;1/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (210308) |
| JPY | &nbsp;&nbsp; 95938712 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 629104 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;1/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4169) |
| JPY | &nbsp;&nbsp; 62954495 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 403062 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;1/7/27 | &nbsp;&nbsp;&nbsp;&nbsp; 7018 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 630041 | &nbsp;&nbsp;JPY | &nbsp;&nbsp; 89508986 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;1/7/27 | &nbsp;&nbsp;&nbsp;&nbsp; 46988 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 2530242 | &nbsp;&nbsp;JPY | &nbsp;&nbsp; 364488110 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;1/7/27 | &nbsp;&nbsp;&nbsp;&nbsp; 156001 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 1223741 | &nbsp;&nbsp;JPY | &nbsp;&nbsp; 178339671 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;1/7/27 | &nbsp;&nbsp;&nbsp;&nbsp; 62053 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| RUB | &nbsp;&nbsp; 818906000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 9908958 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;1/13/27 | &nbsp;&nbsp;&nbsp;&nbsp; 24701 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp;&nbsp;&nbsp; 6253974000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3896557 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;1/21/27 | &nbsp;&nbsp;&nbsp;&nbsp; 294260 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 6872580 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 5657233 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;1/25/27 | &nbsp;&nbsp;&nbsp;&nbsp; 169032 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| EUR | &nbsp;&nbsp; 32200000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 38401720 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;1/26/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (245122) |
| EUR | &nbsp;&nbsp; 49067947 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 57612311 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;1/26/27 | &nbsp;&nbsp;&nbsp;&nbsp; 532594 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 57556702 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 49067947 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;1/26/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (588203) |
| USD | &nbsp;&nbsp; 37807092 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 32200000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;1/26/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (349506) |
| EUR | &nbsp;&nbsp; 26070000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 31093689 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;1/27/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (200131) |
| USD | &nbsp;&nbsp; 30532332 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 26070000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;1/27/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (361227) |
| KES | &nbsp;&nbsp;&nbsp;&nbsp; 1205137000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8953470 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (172104) |
| USD | &nbsp;&nbsp; 3581390 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 504976000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (98174) |
| USD | &nbsp;&nbsp; 1558563 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 210406000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp; 25416 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 3581389 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 489755000 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;2/3/27 | &nbsp;&nbsp;&nbsp;&nbsp; 12735 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;88806138000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 6831241 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;2/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 188063 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 480802000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3581393 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/18/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (88284) |

---

*42*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 3566752 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 480802000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/18/27 | &nbsp;&nbsp;$73643 | &nbsp;&nbsp;$— |
| KES | &nbsp;&nbsp; 479906000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3581388 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/24/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (98887) |
| USD | &nbsp;&nbsp; 3509339 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 479906000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;2/24/27 | &nbsp;&nbsp;&nbsp;&nbsp; 26839 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 492198000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3664944 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/2/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (97438) |
| USD | &nbsp;&nbsp; 3503189 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 492198000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/2/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (64317) |
| USD | &nbsp;&nbsp; 18803965 | &nbsp;&nbsp;KWD | &nbsp;&nbsp; 5678843 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/3/27 | &nbsp;&nbsp;&nbsp;&nbsp; 225223 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| KES | &nbsp;&nbsp; 495679000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3664939 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/8/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (76416) |
| USD | &nbsp;&nbsp; 3540564 | &nbsp;&nbsp;KES | &nbsp;&nbsp; 495679000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/8/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (47958) |
| KZT | &nbsp;&nbsp;&nbsp;&nbsp; 4770051000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8625770 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 622319 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;153035597000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11695498 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 337967 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;76459322000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5847749 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/11/27 | &nbsp;&nbsp;&nbsp;&nbsp; 164385 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;76605516000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5847749 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/12/27 | &nbsp;&nbsp;&nbsp;&nbsp; 174768 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;76459322000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5847749 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/12/27 | &nbsp;&nbsp;&nbsp;&nbsp; 163275 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| NGN | &nbsp;&nbsp;&nbsp;&nbsp;21222434000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 13962128 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;3/15/27 | &nbsp;&nbsp;&nbsp;&nbsp; 44677 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 173722733 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 637757000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;3/15/27 | &nbsp;&nbsp;&nbsp;&nbsp; 50348 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 103661573 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 380552000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/15/27 | &nbsp;&nbsp;&nbsp;&nbsp; 30608 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 173722773 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 638049000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;3/16/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (29209) |
| USD | &nbsp;&nbsp; 113423976 | &nbsp;&nbsp;HKD | &nbsp;&nbsp; 878015000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/16/27 | &nbsp;&nbsp;&nbsp;&nbsp; 279715 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 86861250 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 319024000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (14644) |
| USD | &nbsp;&nbsp; 104259245 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 382860800 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (542) |
| USD | &nbsp;&nbsp; 17440968 | &nbsp;&nbsp;HKD | &nbsp;&nbsp; 135000000 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 43949 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 113440944 | &nbsp;&nbsp;HKD | &nbsp;&nbsp; 878135000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 278490 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 43890245 | &nbsp;&nbsp;HKD | &nbsp;&nbsp; 339750000 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 107748 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;111501544289 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8554012 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 203846 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;55708002086 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4277006 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 98564 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;41241481615 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3163903 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 75397 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;11243307299 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 863210 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 19893 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp; 9361613360 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 718742 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp; 16563 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;111715394585 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 8554012 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 219024 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;55857697292 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4277006 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 109512 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;48760975854 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3733612 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 95598 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;24380487927 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1866806 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/18/27 | &nbsp;&nbsp;&nbsp;&nbsp; 47799 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;77211045461 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 5889477 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/19/27 | &nbsp;&nbsp;&nbsp;&nbsp; 172805 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;53922250000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 4093703 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;3/24/27 | &nbsp;&nbsp;&nbsp;&nbsp; 136140 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 104233597 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 382850000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;3/26/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (23681) |
| USD | &nbsp;&nbsp; 103037446 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 378405022 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/30/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9568) |
| USD | &nbsp;&nbsp; 103037446 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 378595641 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (61572) |
| USD | &nbsp;&nbsp; 103037447 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 378636857 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (72796) |
| USD | &nbsp;&nbsp; 75976682 | &nbsp;&nbsp;BHD | &nbsp;&nbsp; 29019526 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (618215) |
| USD | &nbsp;&nbsp; 75521293 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 285246206 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (212890) |
| USD | &nbsp;&nbsp; 75521293 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 285283967 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (222916) |
| USD | &nbsp;&nbsp; 75521897 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 285382146 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (248378) |
| USD | &nbsp;&nbsp; 75521897 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 285382146 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (248378) |
| USD | &nbsp;&nbsp; 151043795 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 570643457 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (464675) |

---

*43*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 103037446 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 378647160 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/2/27 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(75649) |
| USD | &nbsp;&nbsp; 75521897 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 285359489 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;4/5/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (238250) |
| USD | &nbsp;&nbsp; 12687263 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 46622520 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/6/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8993) |
| USD | &nbsp;&nbsp; 60697528 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 229450629 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (217712) |
| USD | &nbsp;&nbsp; 75521294 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 285359489 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (236797) |
| USD | &nbsp;&nbsp; 75521294 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 285397250 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (246822) |
| USD | &nbsp;&nbsp; 75521293 | &nbsp;&nbsp;SAR | &nbsp;&nbsp; 285465221 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/7/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (264867) |
| USD | &nbsp;&nbsp; 37988645 | &nbsp;&nbsp;BHD | &nbsp;&nbsp; 14496467 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/12/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (269342) |
| RUB | &nbsp;&nbsp;&nbsp;&nbsp; 1705301000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 19817928 | &nbsp;&nbsp;ICBC Standard Bank plc | &nbsp;&nbsp;4/13/27 | &nbsp;&nbsp;&nbsp;&nbsp; 404767 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;64538403000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3598461 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;10/25/27 | &nbsp;&nbsp;&nbsp;&nbsp; 1271326 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UZS | &nbsp;&nbsp;&nbsp;&nbsp;67696635000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 3786589 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;11/8/27 | &nbsp;&nbsp;&nbsp;&nbsp; 1308431 | &nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  |  |  | &nbsp;&nbsp;**$191728940** | &nbsp;&nbsp;**$(125530523)** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Non-Deliverable Bond Forward Contracts<sup>\*</sup>** | **Non-Deliverable Bond Forward Contracts<sup>\*</sup>** | **Non-Deliverable Bond Forward Contracts<sup>\*</sup>** | **Non-Deliverable Bond Forward Contracts<sup>\*</sup>** | **Non-Deliverable Bond Forward Contracts<sup>\*</sup>** | **Non-Deliverable Bond Forward Contracts<sup>\*</sup>** | **Non-Deliverable Bond Forward Contracts<sup>\*</sup>** |
| **Settlement Date** | &nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;**Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Aggregate Cost** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| 5/12/26 | &nbsp;&nbsp;COP | &nbsp;&nbsp;160717090 | &nbsp;&nbsp;Republic of Colombia,<br> 11.75%, 1/24/35 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;$44171371 | &nbsp;&nbsp;$(990455) |
| 5/12/26 | &nbsp;&nbsp;COP | &nbsp;&nbsp; 51309400 | &nbsp;&nbsp;Republic of Colombia,<br> 11.75%, 1/24/35 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;14101839 | &nbsp;&nbsp;&nbsp;&nbsp; (17162) |
| 5/12/26 | &nbsp;&nbsp;COP | &nbsp;&nbsp; 31007000 | &nbsp;&nbsp;Republic of Colombia,<br> 12.50%, 2/27/30 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp; 8521942 | &nbsp;&nbsp;&nbsp;&nbsp; (39048) |
| 5/12/26 | &nbsp;&nbsp;COP | &nbsp;&nbsp;189078930 | &nbsp;&nbsp;Republic of Colombia,<br> 13.25%, 2/9/33 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;51966318 | &nbsp;&nbsp;&nbsp;&nbsp;(1203436) |
| 5/12/26 | &nbsp;&nbsp;COP | &nbsp;&nbsp; 82249000 | &nbsp;&nbsp;Republic of Colombia,<br> 13.25%, 2/9/33 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;22605257 | &nbsp;&nbsp;&nbsp;&nbsp; (248567) |
| 5/13/26 | &nbsp;&nbsp;COP | &nbsp;&nbsp; 79413000 | &nbsp;&nbsp;Republic of Colombia,<br> 12.50%, 2/27/30 | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;21825812 | &nbsp;&nbsp;&nbsp;&nbsp; (190714) |
| 5/29/26 | &nbsp;&nbsp;COP | &nbsp;&nbsp; 79413000 | &nbsp;&nbsp;Republic of Colombia,<br> 7.75%, 9/18/30 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;21825812 | &nbsp;&nbsp;&nbsp;&nbsp; (115502) |
| 6/1/26 | &nbsp;&nbsp;COP | &nbsp;&nbsp; 94540000 | &nbsp;&nbsp;Republic of Colombia,<br> 12.50%, 2/27/30 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;25983306 | &nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  |  |  | &nbsp;&nbsp;**$(2804884)** |

---

\* Represents a short-term forward contract to purchase the reference entity denominated in a non-deliverable foreign currency.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Commodity Futures** |  |  |  |  |  |
| Brent Crude Oil | &nbsp;&nbsp;&nbsp;&nbsp;476 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;7/31/26 | &nbsp;&nbsp;&nbsp;&nbsp;$46614680 | &nbsp;&nbsp;&nbsp;&nbsp;$3013917 |

---

*44*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts (continued)** | **Futures Contracts (continued)** | **Futures Contracts (continued)** | **Futures Contracts (continued)** | **Futures Contracts (continued)** | **Futures Contracts (continued)** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Commodity Futures (continued)** |  |  |  |  |  |
| Gold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/26/26 | &nbsp;&nbsp;&nbsp;&nbsp;$136573200 | &nbsp;&nbsp;&nbsp;&nbsp;$1657504 |
| WTI Crude Oil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(476) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;7/21/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (44491721) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3382170) |
| **Equity Futures** |  |  |  |  |  |
| OMX Stockholm 30 Index | &nbsp;&nbsp;&nbsp;&nbsp;2481 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;5/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82167044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1323178) |
| Euro Stoxx Bank | &nbsp;&nbsp;&nbsp;&nbsp;(7762) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(117175688) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10202538) |
| IFSC Nifty 50 Index | &nbsp;&nbsp;&nbsp;&nbsp;(1467) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;5/26/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (71235287) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (795522) |
| STOXX Europe 600 Index | &nbsp;&nbsp;&nbsp;&nbsp;(5207) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(185841407) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6521774) |
| **Interest Rate Futures** |  |  |  |  |  |
| Euro-Bund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26483170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (84208) |
| U.S. Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;2105 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 237536094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1393733) |
| U.S. Ultra-Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;1526 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 175537688 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7630612) |
| Euro-Bobl | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(382) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (51760181) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (62784) |
| Japan 10-Year Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3302609) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65367 |
| U.S. 2-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10356250) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97019 |
| U.S. 5-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;(2899) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(312616384) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2419283 |
| U.S. 10-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(197) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21786969) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 375 |
| U.S. Ultra 10-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(74) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8351594) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96875 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$(24046179)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** | **Interest Rate Swaps (Centrally Cleared)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;647000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.58%<br> (pays quarterly) | 12/17/30 | $182237 | $— | $182237 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;551300 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;171917 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 171917 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;256900 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82698 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 82698 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;775000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;257269 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 257269 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;432000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.59%<br> (pays quarterly) | 12/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;147756 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 147756 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;177062 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.60%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73173 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 73173 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;575000 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.62%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;288213 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 288213 |

---

*45*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;480344 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.62%<br> (pays quarterly) | 3/18/31 | $249217 | $— | $249217 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;587722 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;328923 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 328923 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;294618 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;165299 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 165299 |
| CNY | &nbsp;&nbsp;&nbsp;&nbsp;235054 | Pays | 7-day China Fixing Repo Rates<br> (pays quarterly) | 1.63%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;133534 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 133534 |
| CZK | 1534365 | Receives | 6-month CZK PRIBOR<br> (pays semi-annually) | 4.62%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(522098) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (522098) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2800 | Receives | 1-day Euro Short-Term Rate<br> (pays annually) | 2.60%<br> (pays annually) | 1/24/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8138) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8138) |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5444 | Pays | 6-month EURIBOR<br> (pays semi-annually) | 3.03%<br> (pays annually) | 10/10/29 | &nbsp;&nbsp;&nbsp;&nbsp;132835 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 132835 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | Pays | 6-month EURIBOR<br> (pays semi-annually) | 3.17%<br> (pays annually) | 10/17/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56193 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 56193 |
| EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2719 | Pays | 6-month EURIBOR<br> (pays semi-annually) | 3.01%<br> (pays annually) | 10/27/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65744 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 65744 |
| HUF | 5666941 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.65%<br> (pays annually) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;576428 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 576428 |
| HUF | 11221453 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.28%<br> (pays annually) | 3/18/36 | 1524895 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1524895 |
| HUF | 5278859 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.33%<br> (pays annually) | 3/18/36 | &nbsp;&nbsp;&nbsp;&nbsp;781143 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 781143 |
| HUF | 31904580 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.36%<br> (pays annually) | 3/18/36 | 4903325 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4903325 |
| HUF | 2122380 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.37%<br> (pays annually) | 3/18/36 | &nbsp;&nbsp;&nbsp;&nbsp;334580 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 334580 |
| HUF | 7990812 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.39%<br> (pays annually) | 3/18/36 | 1304123 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1304123 |
| HUF | 15009188 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.40%<br> (pays annually) | 3/18/36 | 2461513 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2461513 |
| HUF | 18168116 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.45%<br> (pays annually) | 3/18/36 | 3207478 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3207478 |
| HUF | 4284567 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.50%<br> (pays annually) | 3/18/36 | &nbsp;&nbsp;&nbsp;&nbsp;804881 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 804881 |
| HUF | 5653097 | Receives | 6-month HUF BUBOR<br> (pays semi-annually) | 5.65%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49369 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 49369 |
| HUF | 10319146 | Receives | 6-month HUF BUBOR<br> (pays semi-annually) | 5.67%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57131 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 57131 |
| HUF | 4688481 | Receives | 6-month HUF BUBOR<br> (pays semi-annually) | 5.73%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(40147) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (40147) |
| HUF | 17093889 | Receives | 6-month HUF BUBOR<br> (pays semi-annually) | 5.80%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(438761) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (438761) |
| HUF | 12777856 | Receives | 6-month HUF BUBOR<br> (pays semi-annually) | 5.82%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(399001) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (399001) |
| HUF | 22780841 | Receives | 6-month HUF BUBOR<br> (pays semi-annually) | 5.85%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(876573) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (876573) |

---

*46*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| HUF | 17497682 | Receives | 6-month HUF BUBOR<br> (pays semi-annually) | 5.97%<br> (pays annually) | 6/17/36 | $(1164179) | $— | $(1164179) |
| HUF | 2826549 | Receives | 6-month HUF BUBOR<br> (pays semi-annually) | 5.97%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(189408) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (189408) |
| HUF | 3746299 | Receives | 6-month HUF BUBOR<br> (pays semi-annually) | 5.98%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(255509) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (255509) |
| HUF | 8593000 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.41%<br> (pays annually) | 6/17/36 | 1474727 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1474727 |
| HUF | 16949867 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.50%<br> (pays annually) | 6/17/36 | 3261126 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3261126 |
| HUF | 9960231 | Pays | 6-month HUF BUBOR<br> (pays semi-annually) | 6.66%<br> (pays annually) | 6/17/36 | 2316471 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2316471 |
| KRW | 55718000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.37%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(666532) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (666532) |
| KRW | 83680000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.38%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(998357) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (998357) |
| KRW | 43792000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.38%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(514205) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (514205) |
| KRW | 41788000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.39%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(485198) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (485198) |
| KRW | 70823000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.41%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(768783) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (768783) |
| KRW | 84989000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.44%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(844178) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (844178) |
| KRW | 77034000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.44%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(754082) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (754082) |
| KRW | 35413000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.45%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(343825) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (343825) |
| KRW | 84990000 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.45%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(804797) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (804797) |
| KRW | 57891600 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.47%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(506556) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (506556) |
| KRW | 35412400 | Pays | 3-month KRW Certificate of Deposit Rate<br> (pays quarterly) | 3.47%<br> (pays quarterly) | 3/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;(313143) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (313143) |
| MXN | 2330000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.27%<br> (pays monthly) | 12/9/27 | &nbsp;&nbsp;&nbsp;&nbsp;423386 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 423386 |
| MXN | 2104700 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.30%<br> (pays monthly) | 12/9/27 | &nbsp;&nbsp;&nbsp;&nbsp;438162 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 438162 |
| MXN | 3403200 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.93%<br> (pays monthly) | 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;(398762) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (398762) |

---

*47*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| MXN | 2185000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.94%<br> (pays monthly) | 12/15/27 | $(251164) | $— | $(251164) |
| MXN | 2671000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.30%<br> (pays monthly) | 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;593643 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 593643 |
| MXN | 3492000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.12%<br> (pays monthly) | 1/12/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62675 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 62675 |
| MXN | 3470000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.08%<br> (pays monthly) | 1/13/28 | &nbsp;&nbsp;&nbsp;&nbsp;(69529) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (69529) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;534200 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.04%<br> (pays monthly) | 1/14/28 | &nbsp;&nbsp;&nbsp;&nbsp;(33583) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (33583) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;277000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.83%<br> (pays monthly) | 2/18/28 | &nbsp;&nbsp;&nbsp;&nbsp;(89948) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (89948) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;317000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.84%<br> (pays monthly) | 2/21/28 | &nbsp;&nbsp;&nbsp;&nbsp;(101537) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (101537) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;294000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.83%<br> (pays monthly) | 2/22/28 | &nbsp;&nbsp;&nbsp;&nbsp;(95590) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (95590) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;194000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.79%<br> (pays monthly) | 2/24/28 | &nbsp;&nbsp;&nbsp;&nbsp;(71729) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (71729) |
| MXN | &nbsp;&nbsp;&nbsp;&nbsp;121000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 6.76%<br> (pays monthly) | 2/25/28 | &nbsp;&nbsp;&nbsp;&nbsp;(49316) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (49316) |
| MXN | 3880000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.06%<br> (pays monthly) | 3/7/28 | &nbsp;&nbsp;&nbsp;&nbsp;(424021) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (424021) |
| MXN | 3920919 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.04%<br> (pays monthly) | 3/9/28 | &nbsp;&nbsp;&nbsp;&nbsp;(545535) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (545535) |
| MXN | 3267000 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.08%<br> (pays monthly) | 3/10/28 | &nbsp;&nbsp;&nbsp;&nbsp;(324630) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (324630) |
| MXN | 3306000 | Receives | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.53%<br> (pays monthly) | 4/6/28 | (1172444) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1172444) |
| MXN | 9163810 | Receives | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.54%<br> (pays monthly) | 4/6/28 | (3341020) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(3341020) |
| MXN | 3723100 | Pays | Mexico Interbank TIIE 28 Day<br> (pays monthly) | 7.56%<br> (pays monthly) | 6/14/28 | &nbsp;&nbsp;&nbsp;&nbsp;868024 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 868024 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87510 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.17%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;(433214) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (433214) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;160840 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.18%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;(776734) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (776734) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;308382 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.24%<br> (pays annually) | 6/17/31 | (1252619) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1252619) |

---

*48*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98568 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.25%<br> (pays annually) | 6/17/31 | $(392366) | $— | $(392366) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;652584 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.70%<br> (pays annually) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;(936838) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (936838) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;325964 | Receives | 6-month PLN WIBOR<br> (pays quarterly) | 4.49%<br> (pays annually) | 8/12/32 | &nbsp;&nbsp;&nbsp;&nbsp;433345 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 433345 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;325964 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.59%<br> (pays annually) | 8/12/32 | &nbsp;&nbsp;&nbsp;&nbsp;(315811) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (315811) |
| PLN | 1398990 | Receives | 6-month PLN WIBOR<br> (pays quarterly) | 4.61%<br> (pays annually) | 9/9/32 | 1157231 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1157231 |
| PLN | 1398990 | Pays | 6-month PLN WIBOR<br> (pays semi-annually) | 4.71%<br> (pays annually) | 9/9/32 | &nbsp;&nbsp;&nbsp;&nbsp;(674794) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (674794) |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33572 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.27%<br> (pays annually) | 6/18/35 | &nbsp;&nbsp;&nbsp;&nbsp;104214 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 104214 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;131200 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.31%<br> (pays annually) | 6/18/35 | &nbsp;&nbsp;&nbsp;&nbsp;274790 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 274790 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;117090 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.44%<br> (pays annually) | 12/17/35 | &nbsp;&nbsp;&nbsp;&nbsp;712655 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 712655 |
| PLN | &nbsp;&nbsp;&nbsp;&nbsp;284905 | Receives | 6-month PLN WIBOR<br> (pays semi-annually) | 4.91%<br> (pays annually) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(738618) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (738618) |
| TWD | 1583000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.12%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;349904 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 349904 |
| TWD | 3456000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.13%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;736848 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 736848 |
| TWD | 2639000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.13%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;538236 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 538236 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;754000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.13%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;151633 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 151633 |
| TWD | 2451000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.14%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;470227 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 470227 |
| TWD | 1357000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.15%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;246816 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 246816 |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;755000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.16%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;123347 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 123347 |
| TWD | 1358000 | Receives | 3-month TWD TAIBOR<br> (pays quarterly) | 2.17%<br> (pays quarterly) | 6/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;212192 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 212192 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4270 | Receives | SOFR<br> (pays annually) | 1.60%<br> (pays semi-annually) | 3/10/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88808 | &nbsp;&nbsp;&nbsp;&nbsp;790 | &nbsp;&nbsp;&nbsp; 89598 |
| ZAR | 1374946 | Pays | 3-month ZAR JIBAR<br> (pays quarterly) | 8.72%<br> (pays quarterly) | 6/18/35 | 3621007 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 3621007 |
| ZAR | 1018000 | Pays | 3-month ZAR JIBAR<br> (pays quarterly) | 8.03%<br> (pays quarterly) | 12/17/35 | &nbsp;&nbsp;&nbsp;&nbsp;(355528) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (355528) |
| ZAR | 1038076 | Pays | 3-month ZAR JIBAR<br> (pays quarterly) | 7.72%<br> (pays quarterly) | 6/17/36 | (2083051) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(2083051) |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;468754 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 7.84%<br> (pays quarterly) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;708944 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 708944 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;234576 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 7.85%<br> (pays quarterly) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;345113 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 345113 |
| ZAR | 2177750 | Pays | 3-month ZAR JIBAR<br> (pays quarterly) | 7.85%<br> (pays quarterly) | 6/17/36 | (3170749) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(3170749) |

---

*49*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** | **Interest Rate Swaps (Centrally Cleared) (continued)** |
| **Notional Amount<br> (000's omitted)** | **Notional Amount<br> (000's omitted)** | **Portfolio<br> Pays/<br> Receives<br> Floating<br> Rate** | **Floating Rate** | **Annual<br> Fixed Rate** | **Termination<br> Date** | **Value** | **Unamortized<br> Upfront<br> Receipts<br> (Payments)** | **Unrealized<br> Appreciation<br> (Depreciation)** |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;210300 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 7.87%<br> (pays quarterly) | 6/17/36 | $296405 | $— | $296405 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;234576 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 7.92%<br> (pays quarterly) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;282313 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 282313 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;234576 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 7.92%<br> (pays quarterly) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;282313 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 282313 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;468754 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 7.92%<br> (pays quarterly) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;564145 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 564145 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;937508 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 7.97%<br> (pays quarterly) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;906266 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 906266 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;410650 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 8.07%<br> (pays quarterly) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;232062 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 232062 |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;592977 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 8.54%<br> (pays quarterly) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(812778) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (812778) |
| ZAR | &nbsp;&nbsp;&nbsp;&nbsp;488904 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 8.56%<br> (pays quarterly) | 6/17/36 | &nbsp;&nbsp;&nbsp;&nbsp;(710400) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (710400) |
| ZAR | 1190659 | Receives | 3-month ZAR JIBAR<br> (pays quarterly) | 8.57%<br> (pays quarterly) | 6/17/36 | (1779123) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1779123) |
| **Total** |  |  |  |  |  | **$8322001** | **$790** | **$8322791** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** |
| **Reference Entity** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Current<br> Market Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Saudi Arabia | &nbsp;&nbsp;$78923 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;0.68% | &nbsp;&nbsp;6/20/31 | &nbsp;&nbsp;$1258821 | &nbsp;&nbsp;$(616503) | &nbsp;&nbsp;$642318 |
| **Total** | &nbsp;&nbsp;**$78923** |  |  | &nbsp;&nbsp;**$1258821** | &nbsp;&nbsp;**$(616503)** | &nbsp;&nbsp;**$642318** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** | **Credit Default Swaps - Buy Protection (Centrally Cleared)** |  |
| **Reference Entity** | &nbsp;&nbsp;**Notional<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Bahrain | $&nbsp;&nbsp;&nbsp;17100 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/35 | &nbsp;&nbsp;$2326649 | &nbsp;&nbsp;$(1723227) | &nbsp;&nbsp;$603422 |
| Korea | 560280 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;(19157109) | &nbsp;&nbsp;&nbsp;&nbsp; 17831314 | &nbsp;&nbsp;&nbsp;&nbsp; (1325795) |
| Markit CDX Emerging Markets Index (CDX.EM.43.V1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 192 | &nbsp;&nbsp;&nbsp;&nbsp; (886) | &nbsp;&nbsp;&nbsp;&nbsp; (694) |
| Markit CDX Emerging Markets Index (CDX.EM.44.V1) | 130974 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 1045453 | &nbsp;&nbsp;&nbsp;&nbsp; (2746231) | &nbsp;&nbsp;&nbsp;&nbsp; (1700778) |
| Markit CDX Emerging Markets Index (CDX.EM.45.V1) | 786620 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; 20799164 | &nbsp;&nbsp;&nbsp;&nbsp;(35491551) | &nbsp;&nbsp;&nbsp;&nbsp;(14692387) |

---

*50*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Buy Protection (Centrally Cleared) (continued)** | **Credit Default Swaps - Buy Protection (Centrally Cleared) (continued)** | **Credit Default Swaps - Buy Protection (Centrally Cleared) (continued)** | **Credit Default Swaps - Buy Protection (Centrally Cleared) (continued)** | **Credit Default Swaps - Buy Protection (Centrally Cleared) (continued)** |  |
| **Reference Entity** | &nbsp;&nbsp;**Notional<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Markit CDX North America High Yield Index (CDX.NA.HY.45.V2) | $433339 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;$(33971643) | &nbsp;&nbsp;$33272076 | &nbsp;&nbsp;$(699567) |
| Markit CDX North America High Yield Index (CDX.NA.HY.46.V1) | 202625 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp;(15555852) | &nbsp;&nbsp;&nbsp;&nbsp; 8329490 | &nbsp;&nbsp;&nbsp;&nbsp; (7226362) |
| Poland | &nbsp;&nbsp;&nbsp;67709 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; (1578560) | &nbsp;&nbsp;&nbsp;&nbsp; 1067687 | &nbsp;&nbsp;&nbsp;&nbsp; (510873) |
| Qatar | 155254 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; (4742085) | &nbsp;&nbsp;&nbsp;&nbsp; 3472718 | &nbsp;&nbsp;&nbsp;&nbsp; (1269367) |
| Saudi Arabia | 246158 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; (4044523) | &nbsp;&nbsp;&nbsp;&nbsp; 2375152 | &nbsp;&nbsp;&nbsp;&nbsp; (1669371) |
| Saudi Arabia | 213000 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/33 | &nbsp;&nbsp;&nbsp;&nbsp; (1774509) | &nbsp;&nbsp;&nbsp;&nbsp; 185872 | &nbsp;&nbsp;&nbsp;&nbsp; (1588637) |
| Saudi Arabia | 193736 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/35 | &nbsp;&nbsp;&nbsp;&nbsp; (77500) | &nbsp;&nbsp;&nbsp;&nbsp; (1624911) | &nbsp;&nbsp;&nbsp;&nbsp; (1702411) |
| Saudi Arabia | 164500 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp; 6/20/36 | &nbsp;&nbsp;&nbsp;&nbsp; 235505 | &nbsp;&nbsp;&nbsp;&nbsp; 65968 | &nbsp;&nbsp;&nbsp;&nbsp; 301473 |
| South Africa | 785793 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 14015666 | &nbsp;&nbsp;&nbsp;&nbsp;(15507027) | &nbsp;&nbsp;&nbsp;&nbsp; (1491361) |
| **Total** |  |  | &nbsp;&nbsp;**$(42479152)** | &nbsp;&nbsp;**$9506444** | &nbsp;&nbsp;**$(32972708)** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Contract Annual<br> Fixed Rate<sup>(2)</sup>** | &nbsp;&nbsp;**Current<br> Market<br> Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Angola | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;$6100 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;3.89% | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;$(680108) | &nbsp;&nbsp;$986583 | &nbsp;&nbsp;$306475 |
| Benin | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp; 1653 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;2.06 | &nbsp;&nbsp; 6/20/28 | &nbsp;&nbsp;&nbsp;&nbsp; (33619) | &nbsp;&nbsp;&nbsp;&nbsp; 122432 | &nbsp;&nbsp;&nbsp;&nbsp; 88813 |
| Cameroon | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 2604 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;4.56 | &nbsp;&nbsp;12/20/28 | &nbsp;&nbsp;&nbsp;&nbsp; (215241) | &nbsp;&nbsp;&nbsp;&nbsp; 323807 | &nbsp;&nbsp;&nbsp;&nbsp; 108566 |
| Ghana | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 14150 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.73 | &nbsp;&nbsp;12/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; (49043) | &nbsp;&nbsp;&nbsp;&nbsp; 63400 | &nbsp;&nbsp;&nbsp;&nbsp; 14357 |
| Ivory Coast | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 15100 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.49 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp; (65132) | &nbsp;&nbsp;&nbsp;&nbsp; 446035 | &nbsp;&nbsp;&nbsp;&nbsp; 380903 |
| Ivory Coast | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 16821 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.49 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp; (72556) | &nbsp;&nbsp;&nbsp;&nbsp; 496282 | &nbsp;&nbsp;&nbsp;&nbsp; 423726 |
| Petroleos Mexicanos | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 9212 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.52 | &nbsp;&nbsp;12/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; (19402) | &nbsp;&nbsp;&nbsp;&nbsp; 88224 | &nbsp;&nbsp;&nbsp;&nbsp; 68822 |
| Petroleos Mexicanos | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 10911 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.52 | &nbsp;&nbsp;12/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; (22980) | &nbsp;&nbsp;&nbsp;&nbsp; 88187 | &nbsp;&nbsp;&nbsp;&nbsp; 65207 |
| Petroleos Mexicanos | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 11463 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.71 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp; (77011) | &nbsp;&nbsp;&nbsp;&nbsp; 217201 | &nbsp;&nbsp;&nbsp;&nbsp; 140190 |
| Petroleos Mexicanos | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 19440 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.71 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp; (130603) | &nbsp;&nbsp;&nbsp;&nbsp; 315717 | &nbsp;&nbsp;&nbsp;&nbsp; 185114 |
| Petroleos Mexicanos | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 12367 | &nbsp;&nbsp;4.00%<br> (pays monthly) | &nbsp;&nbsp;2.61 | &nbsp;&nbsp; 7/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 84085 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 84085 |

---

*51*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** | **Credit Default Swaps - Sell Protection (OTC) (continued)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Contract Annual<br> Fixed Rate<sup>(2)</sup>** | &nbsp;&nbsp;**Current<br> Market<br> Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Petroleos Mexicanos | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;$14732 | &nbsp;&nbsp;4.20%<br> (pays monthly) | &nbsp;&nbsp;2.61% | &nbsp;&nbsp; 7/6/26 | &nbsp;&nbsp;$104843 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$104843 |
| Petroleos Mexicanos | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 11557 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.50 | &nbsp;&nbsp; 6/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5458 | &nbsp;&nbsp;&nbsp;&nbsp; 60727 | &nbsp;&nbsp;&nbsp;&nbsp; 66185 |
| Petroleos Mexicanos | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 9000 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.50 | &nbsp;&nbsp; 6/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 4250 | &nbsp;&nbsp;&nbsp;&nbsp; 14594 | &nbsp;&nbsp;&nbsp;&nbsp; 18844 |
| Petroleos Mexicanos | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 4273 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.50 | &nbsp;&nbsp; 6/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 2018 | &nbsp;&nbsp;&nbsp;&nbsp; 7215 | &nbsp;&nbsp;&nbsp;&nbsp; 9233 |
| Petroleos Mexicanos | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 4275 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.71 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp; (28720) | &nbsp;&nbsp;&nbsp;&nbsp; 67009 | &nbsp;&nbsp;&nbsp;&nbsp; 38289 |
| Petroleos Mexicanos | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 21586 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.71 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp; (145020) | &nbsp;&nbsp;&nbsp;&nbsp; 340645 | &nbsp;&nbsp;&nbsp;&nbsp; 195625 |
| Petroleos Mexicanos | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp; 8173 | &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;1.67 | &nbsp;&nbsp; 6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp; (51587) | &nbsp;&nbsp;&nbsp;&nbsp; 143653 | &nbsp;&nbsp;&nbsp;&nbsp; 92066 |
| **Total** |  | &nbsp;&nbsp;**$193417** |  |  |  | &nbsp;&nbsp;**$(1390368)** | &nbsp;&nbsp;**$3781711** | &nbsp;&nbsp;**$2391343** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** | **Credit Default Swaps - Buy Protection (OTC)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Ecuador | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;$3833 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/26 | &nbsp;&nbsp;$(119435) | &nbsp;&nbsp;$44718 | &nbsp;&nbsp;$(74717) |
| Ecuador | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 2149 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; (66962) | &nbsp;&nbsp;&nbsp;&nbsp; 20835 | &nbsp;&nbsp;&nbsp;&nbsp; (46127) |
| Ivory Coast | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 31921 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6/20/27 | &nbsp;&nbsp;&nbsp;&nbsp; 137688 | &nbsp;&nbsp;&nbsp;&nbsp; (628446) | &nbsp;&nbsp;&nbsp;&nbsp; (490758) |
| Saudi Arabia | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp; 25486 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6/20/31 | &nbsp;&nbsp;&nbsp;&nbsp; (406501) | &nbsp;&nbsp;&nbsp;&nbsp; (241235) | &nbsp;&nbsp;&nbsp;&nbsp; (647736) |
| Saudi Arabia | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;118500 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp;(1947026) | &nbsp;&nbsp;&nbsp;&nbsp;1256751 | &nbsp;&nbsp;&nbsp;&nbsp; (690275) |
| Saudi Arabia | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;148492 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp;(2439812) | &nbsp;&nbsp;&nbsp;&nbsp;1512327 | &nbsp;&nbsp;&nbsp;&nbsp; (927485) |
| Saudi Arabia | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp; 57200 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6/20/35 | &nbsp;&nbsp;&nbsp;&nbsp; (131150) | &nbsp;&nbsp;&nbsp;&nbsp; (549437) | &nbsp;&nbsp;&nbsp;&nbsp; (680587) |
| United States | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;153715 &nbsp;&nbsp;0.25%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 772067 | &nbsp;&nbsp;&nbsp;&nbsp; (703544) | &nbsp;&nbsp;&nbsp;&nbsp; 68523 |
| United States | &nbsp;&nbsp;BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp; 12024 &nbsp;&nbsp;0.25%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 60393 | &nbsp;&nbsp;&nbsp;&nbsp; (73700) | &nbsp;&nbsp;&nbsp;&nbsp; (13307) |
| United States | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 8016 &nbsp;&nbsp;1.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;12/20/30 | &nbsp;&nbsp;&nbsp;&nbsp; 32092 | &nbsp;&nbsp;&nbsp;&nbsp; (41695) | &nbsp;&nbsp;&nbsp;&nbsp; (9603) |
| **Total** |  |  |  | &nbsp;&nbsp;**$(4108646)** | &nbsp;&nbsp;**$596574** | &nbsp;&nbsp;**$(3512072)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*52*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

<sup>(1)</sup> If the Portfolio is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Portfolio could be required to make if a credit event, as defined in the credit default swap agreement, were to occur. At April 30, 2026, such maximum potential amount for all open credit default swaps in which the Portfolio is the seller was $272,340,000.

<sup>(2)</sup> The contract annual fixed rate represents the fixed rate of interest received by the Portfolio (as a seller of protection) or paid by the Portfolio (as a buyer of protection) on the notional amount of the credit default swap contract.

<sup>(3)</sup> Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the market's perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit event involving the reference entity. A rate identified as "Defaulted" indicates a credit event has occurred for the reference entity.

<sup>(4)</sup> Upfront payment is exchanged with the counterparty as a result of the standardized trading coupon.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** |
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio Receives** | &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio Pays** | &nbsp;&nbsp;&nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 5410 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 63,315,000,000<br> Uzbekistan Treasury Bonds, 14.00%, 2/6/29 (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2/6/29 | &nbsp;&nbsp;&nbsp;&nbsp;$295103 |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6967 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 80,199,000,000<br> Uzbekistan Treasury Bonds, 14.00%, 2/6/29 (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2/6/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 259312 |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 2522 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 29,126,000,000<br> Uzbekistan Treasury Bonds, 15.00%, 1/7/29 (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1/7/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 192458 |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 3497 | &nbsp;&nbsp;&nbsp;&nbsp;Total Return on UZS 40,098,000,000<br> Uzbekistan Treasury Bonds, 15.00%, 1/7/29 (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Fully Funded<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1/7/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 240730 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;14500 | &nbsp;&nbsp;&nbsp;&nbsp;Excess Return on USD - SOFR Index minus 0.85% plus Negative Return on J.P. Morgan EMBI Global Diversified Index (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Positive Return on J.P. Morgan EMBI Global Diversified Index (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;5/14/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150760 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$1138363** |

---

<sup>1</sup> The Portfolio enters into fully funded total return swap agreements. Under these arrangements, the Portfolio does not make periodic payments to the counterparty.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | – American Depositary Receipt |
| BUBOR | – Budapest Interbank Offered Rate |
| EURIBOR | – Euro Interbank Offered Rate |
| GDR | – Global Depositary Receipt |
| JIBAR | – Johannesburg Interbank Average Rate |

---

---

| | |
|:---|:---|
| LME | – London Metal Exchange |
| OTC | – Over-the-counter |
| PIK | – Payment In Kind |
| PRIBOR | – Prague Interbank Offered Rate |
| SOFR | – Secured Overnight Financing Rate |

---

*53*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Portfolio of Investments (Unaudited) — continued

------

 <br> TAIBOR – Taipei Interbank Offered Rate <br> WIBOR – Warsaw Interbank Offered Rate

 <br> WTI – West Texas Intermediate

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| AED | – United Arab Emirates Dirham |
| ALL | – Albanian Lek |
| AMD | – Armenian Dram |
| BHD | – Bahraini Dinar |
| BRL | – Brazilian Real |
| CLP | – Chilean Peso |
| CNY | – Yuan Renminbi |
| COP | – Colombian Peso |
| CZK | – Czech Koruna |
| EGP | – Egyptian Pound |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| HKD | – Hong Kong Dollar |
| HUF | – Hungarian Forint |
| IDR | – Indonesian Rupiah |
| ILS | – Israeli Shekel |
| INR | – Indian Rupee |
| ISK | – Icelandic Krona |
| JPY | – Japanese Yen |
| KES | – Kenyan Shilling |
| KRW | – South Korean Won |
| KWD | – Kuwaiti Dinar |
| KZT | – Kazakhstani Tenge |
| LKR | – Sri Lankan Rupee |
| MNT | – Mongolia Tughrik |

---

---

| | |
|:---|:---|
| MXN | – Mexican Peso |
| MYR | – Malaysian Ringgit |
| NGN | – Nigerian Naira |
| NZD | – New Zealand Dollar |
| OMR | – Omani Rial |
| PHP | – Philippine Peso |
| PLN | – Polish Zloty |
| PYG | – Paraguayan Guarani |
| RON | – Romanian Leu |
| RSD | – Serbian Dinar |
| RUB | – Russian Ruble |
| SAR | – Saudi Riyal |
| SEK | – Swedish Krona |
| TRY | – Turkish Lira |
| TWD | – New Taiwan Dollar |
| TZS | – Tanzanian Schilling |
| UAH | – Ukrainian Hryvnia |
| UGX | – Ugandan Shilling |
| USD | – United States Dollar |
| UYU | – Uruguayan Peso |
| UZS | – Uzbekistani Som |
| VND | – Viet Nam Dong |
| ZAR | – South African Rand |
| ZMW | – Zambian Kwacha |

---

*54*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $6,713,882,072) | &nbsp;&nbsp;$7139579492 |
| Affiliated investments, at value (identified cost $730,577,249) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;730577249 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41791202 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Futures contracts and futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28897963 |
| &nbsp;&nbsp;&nbsp;Centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229589163 |
| &nbsp;&nbsp;&nbsp;OTC derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65449000 |
| Cash collateral for securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436379792 |
| Foreign currency, at value (identified cost $120,775,908) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121190947 |
| Interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103039246 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1244309 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162585550 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191728940 |
| Receivable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3598229 |
| Upfront payments on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20633933 |
| Receivable for premiums on written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155694 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6023 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176750 |
| **Total assets** | &nbsp;&nbsp;**$9276623482** |
| Liabilities |  |
| Cash collateral due to brokers | &nbsp;&nbsp;$65449000 |
| Payable for reverse repurchase agreements, including accrued interest of $2,223,601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514718425 |
| Payable for closed reverse repurchase agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44989061 |
| Written options outstanding, at value (premiums received $6,131,228) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1830314 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168887555 |
| Payable for when-issued securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31295350 |
| Payable for securities sold short, at value (proceeds $1,056,802,503) | &nbsp;&nbsp;&nbsp;&nbsp;1063237044 |
| Payable for closed written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14169175 |
| Payable for variation margin on open futures contracts and futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7494240 |
| Payable for variation margin on open centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2399827 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125530523 |
| Payable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3580595 |
| Payable for closed swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161567 |
| Upfront receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6616342 |
| Payable for open non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2804884 |
| 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;5246452 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176750 |
| Interest and dividends payable on securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11436686 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;927067 |
| **Total liabilities** | &nbsp;&nbsp;**$2070950857** |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$7205672625** |

---

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $1,067,384) | &nbsp;&nbsp;$6002380 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5394753 |
| Interest income (net of foreign taxes withheld of $8,579,648) | &nbsp;&nbsp;&nbsp;&nbsp;330744463 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7595065 |
| **Total investment income** | &nbsp;&nbsp;**$349736661** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$30152261 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1565877 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150230 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13947503 |
| Interest and dividend expense on securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25152584 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144626 |
| **Total expenses** | &nbsp;&nbsp;**$71113081** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$204653 |
| **Total expense reductions** | &nbsp;&nbsp;**$204653** |
| **Net expenses** | &nbsp;&nbsp;**$70908428** |
| **Net investment income** | &nbsp;&nbsp;**$278828233** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$190958189 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4415241 |
| &nbsp;&nbsp;&nbsp;Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300843 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1441640 |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5094551) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33841963 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1584928 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48788686 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2357328) |
| **Net realized gain** | &nbsp;&nbsp;**$273879611** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$35381985 |
| &nbsp;&nbsp;&nbsp;Written options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1016562 |
| &nbsp;&nbsp;&nbsp;Securities sold short | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16344749 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16354410) |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9391246) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26218184) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(760416) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46438742 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1872481) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$44585301** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$318464912** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$597293145** |

---

*56*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$278828233 | &nbsp;&nbsp;$316598337 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273879611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52867775 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44585301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367503324 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$597293145** | &nbsp;&nbsp;**$736969436** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$1692984661 | &nbsp;&nbsp;$2193708277 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(906954374) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(278017565) |
| **Net increase in net assets from capital transactions** | &nbsp;&nbsp;**$786030287** | &nbsp;&nbsp;**$1915690712** |
| **Net increase in net assets** | &nbsp;&nbsp;**$1383323432** | &nbsp;&nbsp;**$2652660148** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$5822349193 | &nbsp;&nbsp;$3169689045 |
| **At end of period** | &nbsp;&nbsp;**$7205672625** | &nbsp;&nbsp;**$5822349193** |

---

*57*

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Consolidated Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.17% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;&nbsp;Net expenses<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14%<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.17%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.68%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.17%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.42%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.61% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.40% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.37% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.65%<sup>(5)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19.09%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.98%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.60%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.83)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.94%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$7205673** | &nbsp;&nbsp;**$5822349** | &nbsp;&nbsp;**$3169689** | &nbsp;&nbsp;**$2473018** | &nbsp;&nbsp;**$1944771** | &nbsp;&nbsp;**$2632155** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Includes interest and/or dividend expense, including on securities sold short and/or reverse repurchase agreements if applicable, of 1.18%, 1.16%, 0.91%, 0.68%, 0.16% and 0.11% of average daily net assets for the six months ended April 30, 2026 and for the years ended October 31, 2025, 2024, 2023, 2022 and 2021, respectively.

<sup>(3)</sup> Annualized.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01%, less than 0.01%, less than 0.01%, 0.01% and less than 0.005% of average daily net assets for the the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

<sup>(5)</sup> Not annualized.

*See Notes to Consolidated Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Global Macro Absolute Return Advantage Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a non-diversified, open-end management investment company. The Portfolio's investment objective is total return. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Global Macro Absolute Return Advantage Fund and Eaton Vance Strategic Income Fund held an interest of 69.0% and 31.0% respectively, in the Portfolio.

The Portfolio seeks to gain exposure to the commodity markets, in whole or in part, through investments in Eaton Vance GMAP Commodity Subsidiary, Ltd. (the Subsidiary), a wholly-owned subsidiary of the Portfolio organized under the laws of the Cayman Islands with the same objective and investment policies and restrictions as the Portfolio. The Portfolio may invest up to 25% of its total assets in the Subsidiary. The net assets of the Subsidiary at April 30, 2026 were $37,468,885 or 0.5% of the Portfolio's consolidated net assets. The accompanying consolidated financial statements include the accounts of the Subsidiary. Intercompany balances and transactions have been eliminated in consolidation.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.

**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.**

**Senior Floating-Rate Loans. Interests in senior floating-rate loans are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service.**

**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.**

**Derivatives. U.S. exchange-traded options (other than futures style 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 (including options on securities, indices and foreign currencies) 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. Futures contracts and futures style options are valued at the closing settlement price established by the board of trade or exchange on which they are traded, with adjustments for fair valuation for certain foreign futures contracts as described below. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service. Non-deliverable bond forward contracts are generally valued based on the current price of the underlying bond as provided by a third party pricing service and current interest rates. Swaps are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract, and in the case of credit default swaps, based on credit spread quotations obtained from broker/dealers and expected default recovery rates determined by the pricing service using proprietary models. In the case of total return swaps, pricing service valuations are based on the value of the underlying index or instrument and reference interest rate. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.**

**Foreign Securities, Financial Futures Contracts and Currencies. Foreign securities, financial futures contracts 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 and certain exchange-traded foreign financial futures contracts generally is determined as of the close of trading on the principal exchange on which such securities and contracts trade. Events occurring after the close of trading on foreign exchanges may result in adjustments to the valuation of foreign securities and certain foreign financial futures contracts 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 and foreign financial futures contracts that meet certain criteria, the Portfolio's Trustees have approved the use of a fair value service that values such securities and foreign financial futures contracts 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 and foreign financial futures contracts.**

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

**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. Exchange-traded funds are valued at the official closing price as reported by an independent pricing service on the primary market or exchange on which they are traded.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Portfolio'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 Portfolio 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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Inflation adjustments to the principal amount of inflation-adjusted bonds and notes are reflected as interest income. Deflation adjustments to the principal amount of an inflation-adjusted bond or note are reflected as reductions to interest income to the extent of interest income previously recorded on such bond or note. 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 Portfolio is informed of the ex-dividend date. Withholding taxes on foreign interest, dividends and capital gains have been provided for in accordance with the Portfolio's understanding of the applicable countries' tax rules and rates. As a result of several court cases in certain countries across the European Union (EU), the Portfolio filed additional tax reclaims for previously withheld taxes on dividends earned in those countries. Income recognized, if any, for EU reclaims and interest thereon is reflected as other income in the Consolidated Statement of Operations, and any related receivable, if any, is reflected as European Union tax reclaims receivable in the Consolidated Statement of Assets and Liabilities. Any fees associated with these filings are reflected in miscellaneous expenses in the Consolidated Statement of Operations. When uncertainty exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these EU reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. For U.S. income tax purposes, EU reclaims received by the Portfolio, if any, may reduce the amount of foreign taxes Fund shareholders can use as tax deductions or credits on their income tax returns. In the event that EU reclaims received by the Portfolio during a fiscal year exceed foreign withholding taxes paid by the Portfolio, and the Portfolio previously passed through to its shareholders foreign taxes incurred by the Portfolio to be used as a credit or deduction on a shareholder's income tax return, the Portfolio may be required to enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the Fund's shareholders.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

In addition to the requirements of the Internal Revenue Code, the Portfolio may also be subject to local taxes on the recognition of capital gains in certain countries. In determining the daily net asset value, the Portfolio 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.

The Subsidiary is treated as a controlled foreign corporation under the Internal Revenue Code and is not expected to be subject to U.S. federal income tax. The Portfolio is treated as a U.S. shareholder of the Subsidiary. As a result, the Portfolio is required to include in gross income for U.S. federal tax purposes all of the Subsidiary's income, whether or not such income is distributed by the Subsidiary. If a net loss is realized by the Subsidiary, such loss is not generally available to offset the income earned by the Portfolio.

As of April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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

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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.

F Unfunded Loan Commitments—The Portfolio may enter into certain loan agreements all or a portion of which may be unfunded. The Portfolio is obligated to fund these commitments at the borrower's discretion. These commitments, if any, are disclosed in the accompanying Consolidated Portfolio of Investments.

G Use of Estimates—The preparation of the consolidated 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 consolidated 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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

I Financial and Commodities Futures Contracts—Upon entering into a financial or commodities futures contract, the Portfolio is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Portfolio each business day, depending on the daily fluctuations in the value of the underlying security, index or commodity and are recorded as unrealized gains or losses by the Portfolio. Gains (losses) are realized upon the expiration or closing of the financial or commodities futures contracts. Should market conditions change unexpectedly, the Portfolio may not achieve the anticipated benefits of the financial or commodities futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

J Forward Foreign Currency Exchange and Non-Deliverable Bond Forward Contracts—The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. While forward foreign currency exchange contracts are privately negotiated agreements between the Portfolio and a counterparty, certain contracts may be "centrally cleared", whereby all payments made or received by the Portfolio pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared contracts, the Portfolio is required to deposit with the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. For centrally cleared contracts, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. The Portfolio may also enter into non-deliverable bond forward contracts for the purchase or sale of a bond denominated in a non-deliverable foreign currency at a fixed price on a future date. For non-deliverable bond forward contracts, unrealized gains and losses, based on changes in the value of the contract, and realized gains and losses are accounted for as described above. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar. In the case of centrally cleared contracts, counterparty risk is minimal due to protections provided by the CCP.

K Purchased Options—Upon the purchase of a call or put option, the premium paid by the Portfolio is included in the Consolidated Statement of Assets and Liabilities as an investment. The amount of the investment is subsequently marked-to-market to reflect the current market value of the option purchased, in accordance with the Portfolio's policies on investment valuations discussed above. Premiums paid for purchasing options that expire are treated as realized losses. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. An option on a futures contract gives the holder the right to enter into a specified futures contract. As the purchaser of an index option, the Portfolio has the right to receive a cash payment equal to any depreciation in the value of the index below the exercise price of the option (in the case of a put) or equal to any appreciation in the value of the index over the exercise price of the option (in the case of a call) as of the valuation date of the option. The risk associated with purchasing options is limited to the premium originally paid. Purchased options traded over-the-counter involve risk that the issuer or counterparty will fail to perform its contractual obligations.

L Written Options—Upon the writing of a call or a put option, the premium received by the Portfolio is included in the Consolidated 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 Portfolio's policies on investment valuations discussed above. Premiums received from writing options that expire are treated as realized gains. When an index option is exercised, the Portfolio 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. Premiums received from writing options that 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. The Portfolio, as a writer of an option, may have no control over whether the underlying

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instrument may be sold (call) or purchased (put) and, as a result, bears the market risk of an unfavorable change in the price of the instrument underlying the written option. The Portfolio may also bear the risk of not being able to enter into a closing transaction if a liquid secondary market does not exist.

M Futures Style Options—Option contracts can be either equity style (premium is paid in full when the option is opened) or futures style (premium moves as part of variation margin over the life of the option, and is paid in full when the option is closed). For futures style options, on a daily basis for both purchased and written options, the Portfolio pays or receives variation margin based on the daily fluctuation in market value, and records variation margin in the Consolidated Statement of Assets and Liabilities. Realized gains or losses are recorded at the time the option contract is closed or expires. The net realized gains or losses and net unrealized appreciation or depreciation from futures style options are recorded in futures style options in the Portfolio's Consolidated Statement of Operations.

N Interest Rate Swaps—Swap contracts are privately negotiated agreements between the Portfolio and a counterparty. Certain swap contracts may be centrally cleared. Pursuant to interest rate swap agreements, the Portfolio either makes floating-rate payments to the counterparty (or CCP in the case of centrally cleared swaps) based on a benchmark interest rate in exchange for fixed-rate payments or the Portfolio makes fixed-rate payments to the counterparty (or CCP in the case of a centrally cleared swap) in exchange for payments on a floating benchmark interest rate. Payments received or made, including amortization of upfront payments/receipts, if any (which are amortized over the life of the swap contract), are recorded as realized gains or losses. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains or losses. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. The value of the swap is determined by changes in the relationship between two rates of interest. The Portfolio is exposed to credit loss in the event of non-performance by the swap counterparty. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP. Risk may also arise from movements in interest rates.

O Cross-Currency Swaps—Cross-currency swaps are interest rate swaps in which interest cash flows are exchanged between two parties based on the notional amounts of two different currencies. The notional amounts are typically determined based on the spot exchange rates at the inception of the trade. Cross-currency swaps also involve the exchange of the notional amounts at the start of the contract at the current spot rate with an agreement to re-exchange such amounts at a later date at either the same exchange rate, a specified rate or the then current spot rate. The entire principal value of a cross-currency swap is subject to the risk that the counterparty to the swap will default on its contractual delivery obligations.

P Credit Default Swaps—When the Portfolio is the buyer of a credit default swap contract, the Portfolio is entitled to receive the par (or other agreed-upon) value of a referenced debt obligation (or basket of debt obligations) from the counterparty (or CCP in the case of a centrally cleared swap) to the contract if a credit event by a third party, such as a U.S. or foreign corporate issuer or sovereign issuer, on the debt obligation occurs. In return, the Portfolio pays the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Portfolio would have spent the stream of payments and received no proceeds from the contract. When the Portfolio is the seller of a credit default swap contract, it receives the stream of payments, but is obligated to pay to the buyer of the protection an amount up to the notional amount of the swap and in certain instances take delivery of securities of the reference entity upon the occurrence of a credit event, as defined under the terms of that particular swap agreement. Credit events are contract specific but may include bankruptcy, failure to pay, restructuring, obligation acceleration and repudiation/moratorium. If the Portfolio is a seller of protection and a credit event occurs, the maximum potential amount of future payments that the Portfolio could be required to make would be an amount equal to the notional amount of the agreement. This potential amount would be partially offset by any recovery value of the respective referenced obligation, or net amount received from the settlement of a buy protection credit default swap agreement entered into by the Portfolio for the same referenced obligation. As the seller, the Portfolio may create economic leverage to its portfolio because, in addition to its total net assets, the Portfolio is subject to investment exposure on the notional amount of the swap. The interest fee paid or received on the swap contract, which is based on a specified interest rate on a fixed notional amount, is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as realized gain upon receipt or realized loss upon payment. The Portfolio also records an increase or decrease to unrealized appreciation (depreciation) in an amount equal to the daily valuation. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. All upfront payments and receipts, if any, are amortized over the life of the swap contract as realized gains or losses. Those upfront payments or receipts for non-centrally cleared swaps are recorded as other assets or other liabilities, respectively, net of amortization. For financial reporting purposes, unamortized upfront payments or receipts, if any, are netted with unrealized appreciation or depreciation on swap contracts to determine the market value of swaps as presented in Notes 6 and 10. These transactions involve certain risks, including the risk that the seller may be unable to fulfill the transaction. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP.

Q Total Return Swaps—In a total return swap, the buyer receives a periodic return equal to the total return of a specified security, securities or index for a specified period of time. In return, the buyer pays the counterparty a fixed or variable stream of payments, typically based upon short-term interest rates, possibly plus or minus an agreed upon spread. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains and losses. Periodic payments received or made are recorded as realized gains or losses. The Portfolio is exposed to credit loss in the event of nonperformance by the swap counterparty. Risk may also arise from the unanticipated movements in value of exchange rates, interest rates, securities, or the index.

R Swaptions—A purchased swaption contract grants the Portfolio, in return for payment of the purchase price, the right, but not the obligation, to enter into a new swap agreement or to shorten, extend, cancel or otherwise modify an existing swap agreement, at some designated future time on specified

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terms. When the Portfolio purchases a swaption, the premium paid to the writer is recorded as an investment and subsequently marked-to-market to reflect the current value of the swaption. A written swaption gives the Portfolio the obligation, if exercised by the purchaser, to enter into a swap contract according to the terms of the underlying agreement. When the Portfolio writes a swaption, the premium received by the Portfolio is recorded as a liability and subsequently marked-to-market to reflect the current value of the swaption. When a swaption is exercised, the cost of the swap is adjusted by the amount of the premium paid or received. When a swaption expires or an unexercised swaption is closed, a gain or loss is recognized in the amount of the premium paid or received, plus the cost to close. The Portfolio's risk for purchased swaptions is limited to the premium paid. The writer of a swaption bears the risk of unfavorable changes in the preset terms of the underlying swap contract. Purchased swaptions traded over-the-counter involve risk that the issuer or counterparty will fail to perform its contractual obligations.

S When-Issued Securities and Delayed Delivery Transactions—The Portfolio may purchase securities on a delayed delivery, when-issued or forward commitment basis, including TBA (To Be Announced) securities. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. Securities purchased on a delayed delivery, when-issued or forward commitment basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract. A forward purchase commitment may also be closed by entering into an offsetting commitment. If an offsetting commitment is entered into, the Portfolio will realize a gain or loss on investments based on the price established when the Portfolio entered into the commitment.

T Repurchase Agreements—A repurchase agreement is the purchase by the Portfolio of securities from a counterparty in exchange for cash that is coupled with an agreement to resell those securities to the counterparty at a specified date and price. When a repurchase agreement is entered, the Portfolio typically receives securities with a value that equals or exceeds the repurchase price, including any accrued interest earned on the agreement. The value of such securities will be marked-to-market daily, and cash or additional securities will be exchanged between the parties as needed. Except in the case of a repurchase agreement entered to settle a short sale, the value of the securities delivered to the Portfolio will be at least equal to 90% of the repurchase price during the term of the repurchase agreement. The terms of a repurchase agreement entered to settle a short sale may provide that the cash purchase price paid by the Portfolio is more than the value of purchased securities that effectively collateralize the repurchase price payable by the counterparty. In the event of insolvency of the counterparty to a repurchase agreement, recovery of the repurchase price owed to the Portfolio may be delayed. Such an insolvency also may result in a loss to the extent that the value of the purchased securities decreases during the delay or that value has otherwise not been maintained at an amount at least equal to the repurchase price.

U Reverse Repurchase Agreements—Under a reverse repurchase agreement, the Portfolio temporarily transfers possession of a portfolio security to another party, such as a bank or broker/dealer, in return for cash. At the same time, the Portfolio agrees to repurchase the security at an agreed upon time and price, which reflects an interest payment. In periods of increased demand for a security, the Portfolio may receive a payment from the counterparty for the use of the security, which is recorded as interest income. Because the Portfolio retains effective control over the transferred security, the transaction is accounted for as a secured borrowing. The Portfolio may enter into such agreements when it believes it is able to invest the cash acquired at a rate higher than the cost of the agreement, which would increase earned income. When the Portfolio enters into a reverse repurchase agreement, any fluctuations in the market value of either the securities transferred to another party or the securities in which the proceeds may be invested would affect the market value of the Portfolio's assets. Because reverse repurchase agreements may be considered to be the practical equivalent of borrowing funds (and the counterparty making a loan), they constitute a form of leverage. The Portfolio segregates cash or liquid assets equal to its obligation to repurchase the security. During the term of the agreement, the Portfolio may also be obligated to pledge additional cash and/or securities in the event of a decline in the fair value of the transferred security. In the event the counterparty to a reverse repurchase agreement becomes insolvent, recovery of the security transferred by the Portfolio may be delayed or the Portfolio may incur a loss equal to the amount by which the value of the security transferred by the Portfolio exceeds the repurchase price payable by the Portfolio.

V Securities Sold Short—A short sale is a transaction in which the Portfolio sells a security it does not own in anticipation of a decline in the market value of that security. To complete such a transaction, the Portfolio must borrow the security to make delivery to the buyer with an obligation to replace such borrowed security at a later date. Until the security is replaced, the Portfolio is required to repay the lender any dividends or interest, which accrue during the period of the loan. The proceeds received from a short sale are recorded as a liability and the Portfolio records an unrealized gain or loss to the extent of the difference between the proceeds received and the value of the open short position on the day of determination. A gain, limited to the price at which the Portfolio sold the security short, or a loss, potentially unlimited as there is no upward limit on the price of a security, is recorded when the short position is terminated. Interest and dividends payable on securities sold short are recorded as an expense.

W Stripped Mortgage-Backed Securities—The Portfolio may invest in Interest Only (IO) and Principal Only (PO) securities, forms of stripped mortgage-

backed securities, whereby the IO security receives all the interest and the PO security receives all the principal on a pool of mortgage assets. The yield to maturity on an IO security is extremely sensitive to the rate of principal payments (including prepayments) on the related underlying mortgage assets, and a rapid rate of principal payments may have a material adverse effect on the yield to maturity from these securities. If the underlying mortgages experience greater than anticipated prepayments of principal, the Portfolio may fail to recoup its initial investment in an IO security. The market value of IO and PO securities can be unusually volatile due to changes in interest rates.

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X Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

Y Interim Consolidated Financial Statements—The interim consolidated financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the consolidated financial statements.

2 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Portfolio and the Subsidiary. The Portfolio and Subsidiary each pay BMR a fee computed at an annual rate as a percentage of its respective 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;1.000% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.950% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.925% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.900% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.880% |

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In determining the investment adviser fee for the Portfolio and Subsidiary, the applicable advisory fee rate is based on the average daily net assets of the Portfolio (inclusive of its interest in the Subsidiary). Such fee rate is then assessed separately on the Portfolio's average daily net assets (exclusive of its interest in the Subsidiary) and the Subsidiary's average daily net assets to determine the amount of the investment adviser fee. For the six months ended April 30, 2026, the Portfolio's investment adviser fee amounted to $30,152,261 or 0.91% (annualized) of the Portfolio's consolidated average daily net assets.

The Portfolio 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 fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $204,653 relating to the Portfolio's investment in the Liquidity Fund.

Pursuant to an investment sub-advisory agreement, BMR has delegated a portion of the investment management of the Portfolio to Morgan Stanley Investment Management Limited (MSIM Ltd.), an affiliate of BMR and an indirect, wholly-owned subsidiary of Morgan Stanley. BMR pays MSIM Ltd. a portion of its investment adviser fee for sub-advisory services provided to the Portfolio.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities, paydowns and securities sold short, aggregated $4,573,425,360 and $5,546,037,668, respectively, for the six months ended April 30, 2026.

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4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments of the Portfolio, including open derivative contracts, securities sold short, reverse repurchase agreements and the Portfolio's investment in the Subsidiary at April 30, 2026, as determined on a federal income tax basis, were as follows:

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| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$6093144310** |
| Gross unrealized appreciation | &nbsp;&nbsp;$547787257 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(308779675) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$239007582** |

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5 Restricted Securities

At April 30, 2026, the Portfolio owned the following securities (representing 0.4% of net assets) which were restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Portfolio has various registration rights (exercisable under a variety of circumstances) with respect to these securities. The value of these securities is determined based on valuations provided by brokers when available, or if not available, they are valued at fair value using methods determined in good faith by or at the direction of the Trustees' valuation designee.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Date(s) of<br> Acquisition** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Cost** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| **Insurance Linked Securities** |  |  |  |  |
| Mt. Logan Re Ltd., Series A-1 | &nbsp;&nbsp;&nbsp;&nbsp;12/30/20 | &nbsp;&nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp;$8600000 | &nbsp;&nbsp;&nbsp;&nbsp;$12943177 |
| PartnerRe ILS Fund SAC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1/2/24 | &nbsp;&nbsp;&nbsp;&nbsp;13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000000 | &nbsp;&nbsp;&nbsp;&nbsp;18297500 |
| **Total Restricted Securities** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$21600000** | &nbsp;&nbsp;&nbsp;&nbsp;**$31240677** |

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6 Financial Instruments

The Portfolio 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, swaptions, forward foreign currency exchange contracts, futures style options, non-deliverable bond forward contracts, futures contracts and swap contracts 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 Portfolio 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 April 30, 2026 is included in the Consolidated Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:

Commodity Risk: The Portfolio invested in commodities-linked derivative instruments, including futures style options, futures contracts and options thereon that provide exposure to the investment returns of certain commodities. Commodities-linked derivative instruments are used to enhance total return and/or as a substitute for the purchase or sale of commodities and to manage certain investment risks.

Credit Risk: The Portfolio entered into credit default swap contracts to manage certain investment risks and/or to enhance total return or as a substitute for the purchase or sale of securities.

Equity Price Risk: The Portfolio entered into equity index futures contracts and options thereon and total return swaps to enhance total return and/or to manage certain investment risks.

Foreign Exchange Risk: The Portfolio engaged in forward foreign currency exchange contracts and currency options to enhance total return, to seek to hedge against fluctuations in currency exchange rates and/or as a substitute for the purchase or sale of securities or currencies.

Interest Rate Risk: The Portfolio utilized various interest rate derivatives including non-deliverable bond forward contracts, interest rate futures contracts and options thereon, interest rate swaps and swaptions, and total return swaps to enhance total return, to seek to hedge against fluctuations in interest rates and/or to change the effective duration of its portfolio.

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

The Portfolio enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio's net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $136,867,629. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $68,710,780 at April 30, 2026.

The OTC derivatives in which the Portfolio invests (except for written options as the Portfolio, not the counterparty, is obligated to perform) are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio (and Subsidiary) has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio (and Subsidiary) may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio's net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio (and Subsidiary) and/or counterparty is held in segregated accounts by the Portfolio's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Consolidated Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Consolidated Portfolio of Investments. The carrying amount of the liability for cash collateral due to brokers at April 30, 2026 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 10) at April 30, 2026. Because the Subsidiary is not registered under the 1940 Act, it may not be able to negotiate terms with its counterparties that are equivalent to those a registered portfolio may negotiate. As a result, the Subsidiary may have greater exposure to those counterparties than a registered portfolio.

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Consolidated Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Commodity** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Equity<br> Price** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Unaffiliated investments, at value | &nbsp;&nbsp;$10519842 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$854700 | &nbsp;&nbsp;$7567847 | &nbsp;&nbsp;$2213007 | &nbsp;&nbsp;$21155396 |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4671421<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39681450<sup>(1)</sup> | &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;39087998<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43295821<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126736690 |
| Receivable for open forward foreign currency exchange contracts | &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;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191728940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191728940 |
| Receivable/Payable for open OTC swap contracts; Upfront payments/receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1202894 | &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;1138363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2341257 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$15191263** | &nbsp;&nbsp;**$40884344** | &nbsp;&nbsp;**$854700** | &nbsp;&nbsp;**$238384785** | &nbsp;&nbsp;**$46647191** | &nbsp;&nbsp;**$341962283** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$15191263** | &nbsp;&nbsp;**$39681450** | &nbsp;&nbsp;**$854700** | &nbsp;&nbsp;**$39087998** | &nbsp;&nbsp;**$43295821** | &nbsp;&nbsp;**$138111232** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$1202894** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$199296787** | &nbsp;&nbsp;**$3351370** | &nbsp;&nbsp;**$203851051** |
| Written options outstanding, at value | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(1830314) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(1830314) |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;(12773416)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(80901781)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(18843012)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29340070)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(41466238)<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(183324517) |
| Payable for open forward foreign currency exchange contracts | &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;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(125530523) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(125530523) |
| Payable/Receivable for open OTC swap contracts; Upfront payments/receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6701908) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6701908) |
| Payable for open non-deliverable bond forward contracts | &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;&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;(2804884) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2804884) |
| **Total Liability Derivatives** | &nbsp;&nbsp;**$(12773416)** | &nbsp;&nbsp;**$(87603689)** | &nbsp;&nbsp;**$(18843012)** | &nbsp;&nbsp;**$(156700907)** | &nbsp;&nbsp;**$(44271122)** | &nbsp;&nbsp;**$(320192146)** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$(12773416)** | &nbsp;&nbsp;**$(80901781)** | &nbsp;&nbsp;**$(18843012)** | &nbsp;&nbsp;**$(29340070)** | &nbsp;&nbsp;**$(41466238)** | &nbsp;&nbsp;**$(183324517)** |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(6701908)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(127360837)** | &nbsp;&nbsp;**$(2804884)** | &nbsp;&nbsp;**$(136867629)** |

---

<sup>(1)</sup> Only the current day's variation margin on open futures contracts, futures style options and centrally cleared derivatives is reported within the Consolidated Statement of Assets and Liabilities as Receivable or Payable for variation margin on open futures contracts, futures style options and centrally cleared derivatives, as applicable.

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

The Portfolio's derivative assets and liabilities at fair value by risk, which are reported gross in the Consolidated Statement of Assets and Liabilities, are presented in the table above. The following tables present the Portfolio's derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Portfolio (and Subsidiary) for such assets and pledged by the Portfolio (and Subsidiary) for such liabilities as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$17018396 | &nbsp;&nbsp;&nbsp;$(13658560) | &nbsp;&nbsp;&nbsp;$(3359836) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21413756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18511479) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1031369) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;1870908 |
| BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1772350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1772350) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9175710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9175710) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72369750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14924646) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(55229000) | &nbsp;&nbsp;&nbsp;&nbsp;2216104 |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8035539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8035539) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1562912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1562912) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| ICBC Standard Bank plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10577314 | &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;(10220000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357314 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46641811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25358826) | &nbsp;&nbsp;&nbsp;&nbsp;(21282985) | &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; — |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2206657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2206657) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12059221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12059221) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(239494) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(778141) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp;**$203851051** | &nbsp;&nbsp;&nbsp;**$(108283535)** | &nbsp;&nbsp;&nbsp;**$(25674190)** | &nbsp;&nbsp;&nbsp;**$(65449000)** | &nbsp;&nbsp;&nbsp;**$4444326** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$(13658560) | &nbsp;&nbsp;&nbsp;$13658560 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18511479) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18511479 | &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; — |
| BNP Paribas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6180099) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1772350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3951447 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(456302) |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12040841) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9175710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2865131 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14924646) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14924646 | &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; — |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19000037) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8035539 | &nbsp;&nbsp;&nbsp;&nbsp;10964498 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2526596) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1562912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;963684 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25358826) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25358826 | &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; — |
| Societe Generale | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5387934) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2206657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3181277 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12275969) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12059221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216748 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4611096) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3752896 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(618706) |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2391546) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1599130 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14275) |
|  | &nbsp;&nbsp;&nbsp;**$(136867629)** | &nbsp;&nbsp;&nbsp;**$108283535** | &nbsp;&nbsp;&nbsp;**$27494811** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$(1089283)** |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

Information with respect to reverse repurchase agreements at April 30, 2026 is included at Note 8.

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Consolidated Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Consolidated Statement of Operations Caption** | &nbsp;&nbsp;**Commodity** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Equity<br> Price** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investment transactions<sup>(1)</sup> | &nbsp;&nbsp;$(129067) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(9512633) | &nbsp;&nbsp;$(1624606) | &nbsp;&nbsp;$(115071) | &nbsp;&nbsp;$(11381377) |
| &nbsp;&nbsp;&nbsp;Written options | &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;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4415241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4415241 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6290362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1706344) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3142378) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1441640 |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;(5094551) | &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;&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;(5094551) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(10772099) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(264782) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44878844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33841963 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &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;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;48788686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48788686 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &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;&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;(2357328) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2357328) |
| **Total** | &nbsp;&nbsp;**$1066744** | &nbsp;&nbsp;**$(10772099)** | &nbsp;&nbsp;**$(11483759)** | &nbsp;&nbsp;**$51579321** | &nbsp;&nbsp;**$39264067** | &nbsp;&nbsp;**$69654274** |
| Change in unrealized appreciation (depreciation): |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments<sup>(1)</sup> | &nbsp;&nbsp;$(4754103) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$175726 | &nbsp;&nbsp;$(625980) | &nbsp;&nbsp;$812606 | &nbsp;&nbsp;$(4391751) |
| &nbsp;&nbsp;&nbsp;Written options | &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;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1016562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1016562 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6525053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(17006625) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5872838) | &nbsp;&nbsp;&nbsp;&nbsp;(16354410) |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;(9391246) | &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;&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;(9391246) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(22755380) | &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;(3462804) | &nbsp;&nbsp;&nbsp;&nbsp;(26218184) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &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;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;46438742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46438742 |
| &nbsp;&nbsp;&nbsp;Non-deliverable bond forward contracts | &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;&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;(1872481) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1872481) |
| **Total** | &nbsp;&nbsp;**$(7620296)** | &nbsp;&nbsp;**$(22755380)** | &nbsp;&nbsp;**$(16830899)** | &nbsp;&nbsp;**$46829324** | &nbsp;&nbsp;**$(10395517)** | &nbsp;&nbsp;**$(10772768)** |

---

<sup>(1)</sup> Relates to purchased options and swaptions.

The average notional cost of futures contracts and average notional amounts of other derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures<br> Contracts — Long** | &nbsp;&nbsp;&nbsp;&nbsp;**Futures<br> Contracts — Short** | &nbsp;&nbsp;&nbsp;&nbsp;**Forward<br> Foreign Currency<br> Exchange Contracts<sup>1</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Non-Deliverable<br> Bond Forward<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Purchased<br> Swaptions** |
| $504056000 | &nbsp;&nbsp;&nbsp;&nbsp;$980553000 | &nbsp;&nbsp;&nbsp;&nbsp;$10422653000 | &nbsp;&nbsp;&nbsp;&nbsp;$125824000 | &nbsp;&nbsp;&nbsp;&nbsp;$193319000 |

---

---

| |
|:---|
| **Swap<br> Contracts** |
| $10857220000 |

---

<sup>1</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

The average principal amount of purchased and written currency options contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately $2,172,655,000 and $13,910,000, respectively. The average number of purchased and written options contracts, including futures style options, outstanding during the six months ended April 30, 2026, which is indicative of the volume of this derivative type, was 12,805 and 636, respectively.

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

7 Line of Credit

The Portfolio participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Portfolio solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Portfolio based on its borrowings generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Portfolio, it may be unable to borrow some or all of its requested amounts at any particular time. The Portfolio did not have any significant borrowings or allocated fees during the six months ended April 30, 2026.

8 Reverse Repurchase Agreements

Reverse repurchase agreements outstanding as of April 30, 2026 were as follows:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Trade<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Interest<br> Rate Paid<br> (Received)** |  | **Principal<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value<br> Including<br> Accrued<br> Interest** |
| Australia & New Zealand Banking Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3/20/26 | &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2.45% | &nbsp;&nbsp;&nbsp;&nbsp;NZD | 279537319 | &nbsp;&nbsp;&nbsp;&nbsp;$165557926 |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;1/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4.05 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;9642400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9759555 |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;2/10/26 | &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4.05 | &nbsp;&nbsp;&nbsp;&nbsp;USD | 37882438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38219118 |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;3/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;&nbsp;&nbsp;4.05 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;9604500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9665008 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;2/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;5/14/26 | &nbsp;&nbsp;&nbsp;&nbsp;2.45 | &nbsp;&nbsp;&nbsp;&nbsp;NZD | 198069808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117590971 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;2/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2.45 | &nbsp;&nbsp;&nbsp;&nbsp;NZD | 166417437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98799449 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;4/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5.75 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;3353000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3368531 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;4/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4.60 | &nbsp;&nbsp;&nbsp;&nbsp;USD | 30707767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30762700 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;4/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4.65 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;6840000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6852369 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;4/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5.75 | &nbsp;&nbsp;&nbsp;&nbsp;USD | 16528750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16565710 |
| Nomura International PLC | &nbsp;&nbsp;&nbsp;&nbsp;3/12/26 | &nbsp;&nbsp;&nbsp;&nbsp;On Demand<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4.15 | &nbsp;&nbsp;&nbsp;&nbsp;USD | 17478360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17577088 |
| **Total** |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$514718425** |

---

<sup>(1)</sup> Open reverse repurchase agreement with no specific maturity date. Either party may terminate the agreement upon demand.

At April 30, 2026, the type of securities pledged as collateral for all open reverse repurchase agreements was Foreign Corporate Bonds and Sovereign Government Bonds.

For the six months ended April 30, 2026, the average borrowings under settled reverse repurchase agreements and the average annual interest rate paid were approximately $748,104,000 and 3.58%, respectively. Based on the short-term nature of the borrowings under the reverse repurchase agreements, the carrying value of the payable for reverse repurchase agreements approximated its fair value at April 30, 2026. If measured at fair value, borrowings under the reverse repurchase agreements would have been considered as Level 2 in the fair value hierarchy (see Note 10) at April 30, 2026.

Reverse repurchase agreements entered into by the Portfolio are subject to Master Repurchase Agreements (MRA), which permit the Portfolio, under certain circumstances, including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from the Portfolio.

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

The following tables present the Portfolio's repurchase and reverse repurchase agreements net of amounts available for offset under an MRA and net of the related collateral pledged by the Portfolio as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Repurchase<br> Agreements** | &nbsp;&nbsp;&nbsp;&nbsp;**Liabilities<br> Available for<br> Offset** | &nbsp;&nbsp;&nbsp;&nbsp;**Securities<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Net<br> Amount<sup>(b)</sup>** |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;$227891131 | &nbsp;&nbsp;&nbsp;&nbsp;$(57643681) | &nbsp;&nbsp;&nbsp;&nbsp;$(170247450) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7351523 | &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;(6528454) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823069 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68332273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68332273) | &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;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Merrill Lynch International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49695572 | &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;(48632718) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1062854 |
| Nomura International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664357542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17577088) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(623105884) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23674570 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$1017628041** | &nbsp;&nbsp;&nbsp;&nbsp;**$(143553042)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(848514506)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$25560493** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Reverse<br> Repurchase<br> Agreements\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Assets<br> Available for<br> Offset** | &nbsp;&nbsp;&nbsp;&nbsp;**Securities<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Net<br> Amount<sup>(c)</sup>** |
| Australia & New Zealand Banking Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;$(165557926) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$165557926 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57643681) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57643681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(273939730) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68332273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205607457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Nomura International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17577088) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17577088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$(514718425)** | &nbsp;&nbsp;&nbsp;&nbsp;**$143553042** | &nbsp;&nbsp;&nbsp;&nbsp;**$371165383** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** |

---

\* Including accrued interest.

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount receivable from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

9 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $730,577,249, which represents 10.1% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $50811646 | $4386797209 | $(3707031606) | $— | $— | $730577249 | $5394753 | 730577249 |

---

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)

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Collateralized Mortgage Obligations | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$38847585 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$38847585 |
| Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 81070145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 713,726,275\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 794796420 |
| Convertible Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1635791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1635791 |
| Credit Linked Notes | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9987214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9987214 |
| Foreign Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 577473943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 577473943 |
| Insurance Linked Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153224937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 153224937 |
| Loan Participation Notes | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13918335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13918335 |
| Senior Floating-Rate Loans (Less Unfunded Loan Commitments) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59533241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59533241 |
| Sovereign Government Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3491567133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3491567133 |
| Sovereign Loans | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88018411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 88018411 |
| U.S. Government Guaranteed Small Business Administration Loans | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3434553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3434553 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp; 730577249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 730577249 |
| &nbsp;&nbsp;&nbsp;Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1017628041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1017628041 |
| &nbsp;&nbsp;&nbsp;Sovereign Government Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 680950474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 680950474 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 187408018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 187408018 |
| Purchased Currency Options | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7567847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7567847 |
| Purchased Interest Rate Swaptions | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2213007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2213007 |
| Purchased Call Options | &nbsp;&nbsp;&nbsp;&nbsp; 5359142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5359142 |
| Purchased Put Options | &nbsp;&nbsp;&nbsp;&nbsp; 5795775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 219625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6015400 |
| **Total Investments** | &nbsp;&nbsp;**$822802311** | &nbsp;&nbsp;&nbsp;&nbsp;**$6880211158** | &nbsp;&nbsp;&nbsp;&nbsp;**$167143272** | &nbsp;&nbsp;&nbsp;&nbsp;**$7870156741** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$230816938 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$230816938 |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; 7350340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7350340 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82639609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82639609 |
| **Total** | &nbsp;&nbsp;**$830152651** | &nbsp;&nbsp;&nbsp;&nbsp;**$7193667705** | &nbsp;&nbsp;&nbsp;&nbsp;**$167143272** | &nbsp;&nbsp;&nbsp;&nbsp;**$8190963628** |
| **Liability Description** |  |  |  |  |
| Securities Sold Short | &nbsp;&nbsp;$(290690649) | &nbsp;&nbsp;&nbsp;&nbsp;$(772546395) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1063237044) |
| Written Currency Options | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1830314) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1830314) |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (154870593) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (154870593) |
| Non-Deliverable Bond Forward Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2804884) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2804884) |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30600997) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (795522) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (31396519) |
| Purchased Call Futures Style Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9391246) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9391246) |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (119898590) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (119898590) |
| **Total** | &nbsp;&nbsp;**$(330682892)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1052746298)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1383429190)** |

---

\* 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.

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

Global Macro Absolute Return Advantage Portfolio

April 30, 2026

Notes to Consolidated Financial Statements (Unaudited) — continued

------

The following is a reconciliation of Level 3 investments for which significant unobservable inputs were used to determine fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Foreign<br> Corporate<br> Bonds** | &nbsp;&nbsp;**Insurance<br> Linked Securities\*** | &nbsp;&nbsp;**Loan<br> Participation<br> Notes** | &nbsp;&nbsp;**Total** |
| **Balance as of October 31, 2025** | &nbsp;&nbsp;**$0** | &nbsp;&nbsp;**$81103013** | &nbsp;&nbsp;**$13836167** | &nbsp;&nbsp;**$94939180** |
| Realized gains (losses) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 60221 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 60221 |
| Change in net unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8715658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (42578) | &nbsp;&nbsp;&nbsp;&nbsp; 8673080 |
| Cost of purchases | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136718 | &nbsp;&nbsp;&nbsp;&nbsp; 92841819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 92978537 |
| Proceeds from sales, including return of capital | &nbsp;&nbsp;&nbsp;&nbsp;(136718) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29495774) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29632492) |
| Accrued discount (premium) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 124746 | &nbsp;&nbsp;&nbsp;&nbsp; 124746 |
| Transfers to Level 3 | &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; — |
| Transfers from Level 3 | &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; — |
| **Balance as of April 30, 2026** | &nbsp;&nbsp;**$0** | &nbsp;&nbsp;**$153224937** | &nbsp;&nbsp;**$13918335** | &nbsp;&nbsp;**$167143272** |
| **Change in net unrealized appreciation (depreciation) on investments still held as of April 30, 2026** | &nbsp;&nbsp;**$(136718)** | &nbsp;&nbsp;**$56611045** | &nbsp;&nbsp;**$(42578)** | &nbsp;&nbsp;**$56431749** |

---

\* The Portfolio's investments in Insurance Linked Securities were primarily valued on the basis of broker quotations.

The following is a summary of quantitative information about significant unobservable valuation inputs for Level 3 investments held as of April 30, 2026:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Investment** | &nbsp;&nbsp;**Fair Value as of<br> April 30, 2026** | &nbsp;&nbsp;**Valuation Technique** | &nbsp;&nbsp;**Unobservable Input** | &nbsp;&nbsp;**Input** | &nbsp;&nbsp;&nbsp;&nbsp;**Impact to<br> Valuation from an<br> Increase to Input\*** |
| Foreign Corporate Bonds | &nbsp;&nbsp;$0 | &nbsp;&nbsp;Estimated Recovery Value | &nbsp;&nbsp;Estimated Recovery Value Percentage | &nbsp;&nbsp; 0% | &nbsp;&nbsp;&nbsp;&nbsp;Increase |
| Loan Participation Notes | &nbsp;&nbsp;&nbsp;&nbsp;13918335 | &nbsp;&nbsp;Matrix Pricing | &nbsp;&nbsp;Adjusted Credit Spread to the Central Bank of Uzbekistan Quoted Policy Rate | &nbsp;&nbsp;4.89% | &nbsp;&nbsp;&nbsp;&nbsp;Decrease |

---

\* Represents the directional change in the fair value of the Level 3 investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect.

11 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, and by acts of terrorism and war. 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 Portfolio 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.

Economic data as reported by sovereign entities may be delayed, inaccurate or fraudulent. In the event of a default by a sovereign entity, there are typically no assets to be seized or cash flows to be attached. Furthermore, the willingness or ability of a sovereign entity to restructure defaulted debt may be limited. Therefore, losses on sovereign defaults may far exceed the losses from the default of a similarly rated U.S. debt issuer.

------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

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------

[**Table of Contents**](#JOB_EV_AR_12a85bf2-0e76-4441-9067-1575c6a7173a_TOC)

EGRAX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Global Equity Income Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img87db808f1.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Global Equity Income Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_b614bbde-fb8b-476d-b437-40cd81d866b1_1)** |  |
| [Items 6 and 7 of Form N-CSR:](#xx_0519080c-9d75-462f-922f-e90e17993b21_1) | [Items 6 and 7 of Form N-CSR:](#xx_0519080c-9d75-462f-922f-e90e17993b21_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_0519080c-9d75-462f-922f-e90e17993b21_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_a4cf9fc7-b522-4cf6-9af7-90463e78dbf2_1) | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_a4cf9fc7-b522-4cf6-9af7-90463e78dbf2_2) | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_a4cf9fc7-b522-4cf6-9af7-90463e78dbf2_3) | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_2379dc78-e5d9-412c-94be-6a2cb993af79_1) | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_2998aec3-94e9-4c99-bcf2-347723b76cc2_1) | 11 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Portfolio of Investments (Unaudited)

------

Common Stocks — 98.6%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Aerospace & Defense — 2.5% | Aerospace & Defense — 2.5% | Aerospace & Defense — 2.5% |
| BAE Systems PLC | &nbsp;&nbsp;&nbsp;&nbsp;193189 | &nbsp;&nbsp;$5373271 |
| Leonardo SpA | &nbsp;&nbsp;&nbsp;&nbsp;54830 | &nbsp;&nbsp;&nbsp;&nbsp; 3423901 |
| Safran SA | &nbsp;&nbsp;&nbsp;&nbsp;35583 | &nbsp;&nbsp;&nbsp;&nbsp; 11426147 |
|  |  | &nbsp;&nbsp;**$20223319** |
| Automobile Components — 1.0% | Automobile Components — 1.0% | Automobile Components — 1.0% |
| Continental AG<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;106546 | &nbsp;&nbsp;$8061595 |
|  |  | &nbsp;&nbsp;**$8061595** |
| Automobiles — 3.4% | Automobiles — 3.4% | Automobiles — 3.4% |
| Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;&nbsp;63653 | &nbsp;&nbsp;$5825087 |
| Mercedes-Benz Group AG | &nbsp;&nbsp;&nbsp;&nbsp;135498 | &nbsp;&nbsp;&nbsp;&nbsp; 7898192 |
| Renault SA | &nbsp;&nbsp;&nbsp;&nbsp;384755 | &nbsp;&nbsp;&nbsp;&nbsp; 13516136 |
|  |  | &nbsp;&nbsp;**$27239415** |
| Banks — 12.4% | Banks — 12.4% | Banks — 12.4% |
| Banco Bilbao Vizcaya Argentaria SA | &nbsp;&nbsp;&nbsp;&nbsp;124713 | &nbsp;&nbsp;$2753962 |
| Banco BPM SpA | &nbsp;&nbsp;&nbsp;&nbsp;262979 | &nbsp;&nbsp;&nbsp;&nbsp; 3831875 |
| Banco Santander SA | &nbsp;&nbsp;&nbsp;&nbsp;644934 | &nbsp;&nbsp;&nbsp;&nbsp; 7869688 |
| Barclays PLC | 1304402 | &nbsp;&nbsp;&nbsp;&nbsp; 7667159 |
| BNP Paribas SA | &nbsp;&nbsp;&nbsp;&nbsp;62841 | &nbsp;&nbsp;&nbsp;&nbsp; 6599653 |
| Citigroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;50551 | &nbsp;&nbsp;&nbsp;&nbsp; 6469517 |
| Danske Bank AS | &nbsp;&nbsp;&nbsp;&nbsp;45398 | &nbsp;&nbsp;&nbsp;&nbsp; 2333842 |
| DNB Bank ASA | &nbsp;&nbsp;&nbsp;&nbsp;431452 | &nbsp;&nbsp;&nbsp;&nbsp; 13065807 |
| Grupo Financiero Banorte SAB de CV, Class O | &nbsp;&nbsp;&nbsp;&nbsp;338933 | &nbsp;&nbsp;&nbsp;&nbsp; 3693659 |
| HDFC Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;283344 | &nbsp;&nbsp;&nbsp;&nbsp; 2317491 |
| ING Groep NV | &nbsp;&nbsp;&nbsp;&nbsp;269972 | &nbsp;&nbsp;&nbsp;&nbsp; 7813361 |
| KBC Group NV | &nbsp;&nbsp;&nbsp;&nbsp;27819 | &nbsp;&nbsp;&nbsp;&nbsp; 3702651 |
| NatWest Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;432315 | &nbsp;&nbsp;&nbsp;&nbsp; 3448089 |
| Nordea Bank Abp | &nbsp;&nbsp;&nbsp;&nbsp;101520 | &nbsp;&nbsp;&nbsp;&nbsp; 1909072 |
| Skandinaviska Enskilda Banken AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;92620 | &nbsp;&nbsp;&nbsp;&nbsp; 1833151 |
| Societe Generale SA | &nbsp;&nbsp;&nbsp;&nbsp;158343 | &nbsp;&nbsp;&nbsp;&nbsp; 12746613 |
| Svenska Handelsbanken AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;230922 | &nbsp;&nbsp;&nbsp;&nbsp; 3281386 |
| Swedbank AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp;62443 | &nbsp;&nbsp;&nbsp;&nbsp; 2207311 |
| Toronto-Dominion Bank | &nbsp;&nbsp;&nbsp;&nbsp;35586 | &nbsp;&nbsp;&nbsp;&nbsp; 3833548 |
| Truist Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;55612 | &nbsp;&nbsp;&nbsp;&nbsp; 2864018 |
|  |  | &nbsp;&nbsp;**$100241853** |
| Beverages — 0.1% | Beverages — 0.1% | Beverages — 0.1% |
| Diageo PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9251 | &nbsp;&nbsp;$187049 |
| Pernod Ricard SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3516 | &nbsp;&nbsp;&nbsp;&nbsp; 261386 |
|  |  | &nbsp;&nbsp;**$448435** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Biotechnology — 0.0%<sup>†</sup> | Biotechnology — 0.0%<sup>†</sup> | Biotechnology — 0.0%<sup>†</sup> |
| CSL Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2666 | &nbsp;&nbsp;$240635 |
|  |  | &nbsp;&nbsp;**$240635** |
| Broadline Retail — 1.8% | Broadline Retail — 1.8% | Broadline Retail — 1.8% |
| Amazon.com, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;55538 | &nbsp;&nbsp;$14720902 |
|  |  | &nbsp;&nbsp;**$14720902** |
| Building Products — 0.4% | Building Products — 0.4% | Building Products — 0.4% |
| Trane Technologies PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6929 | &nbsp;&nbsp;$3412810 |
|  |  | &nbsp;&nbsp;**$3412810** |
| Capital Markets — 1.4% | Capital Markets — 1.4% | Capital Markets — 1.4% |
| Bank of New York Mellon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;29820 | &nbsp;&nbsp;$4006913 |
| Charles Schwab Corp. | &nbsp;&nbsp;&nbsp;&nbsp;33398 | &nbsp;&nbsp;&nbsp;&nbsp; 3060593 |
| State Street Corp. | &nbsp;&nbsp;&nbsp;&nbsp;24894 | &nbsp;&nbsp;&nbsp;&nbsp; 3804799 |
|  |  | &nbsp;&nbsp;**$10872305** |
| Chemicals — 0.1% | Chemicals — 0.1% | Chemicals — 0.1% |
| Sika AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3369 | &nbsp;&nbsp;$621467 |
|  |  | &nbsp;&nbsp;**$621467** |
| Construction & Engineering — 1.1% | Construction & Engineering — 1.1% | Construction & Engineering — 1.1% |
| Bouygues SA | &nbsp;&nbsp;&nbsp;&nbsp;115242 | &nbsp;&nbsp;$6815383 |
| Skanska AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;87852 | &nbsp;&nbsp;&nbsp;&nbsp; 2372647 |
|  |  | &nbsp;&nbsp;**$9188030** |
| Construction Materials — 0.2% | Construction Materials — 0.2% | Construction Materials — 0.2% |
| CRH PLC | &nbsp;&nbsp;&nbsp;&nbsp;16187 | &nbsp;&nbsp;$1916864 |
|  |  | &nbsp;&nbsp;**$1916864** |
| Consumer Finance — 0.7% | Consumer Finance — 0.7% | Consumer Finance — 0.7% |
| Capital One Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;31445 | &nbsp;&nbsp;$6015428 |
|  |  | &nbsp;&nbsp;**$6015428** |
| Consumer Staples Distribution & Retail — 0.9% | Consumer Staples Distribution & Retail — 0.9% | Consumer Staples Distribution & Retail — 0.9% |
| U.S. Foods Holding Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;76061 | &nbsp;&nbsp;$7110943 |
|  |  | &nbsp;&nbsp;**$7110943** |
| Electric Utilities — 2.3% | Electric Utilities — 2.3% | Electric Utilities — 2.3% |
| Iberdrola SA | &nbsp;&nbsp;&nbsp;&nbsp;149013 | &nbsp;&nbsp;$3493492 |
| NextEra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;63433 | &nbsp;&nbsp;&nbsp;&nbsp; 6208822 |
| SSE PLC | &nbsp;&nbsp;&nbsp;&nbsp;244320 | &nbsp;&nbsp;&nbsp;&nbsp; 8747721 |
|  |  | &nbsp;&nbsp;**$18450035** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Electrical Equipment — 3.1% | Electrical Equipment — 3.1% | Electrical Equipment — 3.1% |
| AMETEK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;23890 | &nbsp;&nbsp;$5626095 |
| Schneider Electric SE | &nbsp;&nbsp;&nbsp;&nbsp;37208 | &nbsp;&nbsp;&nbsp;&nbsp; 11839911 |
| Signify NV<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;314797 | &nbsp;&nbsp;&nbsp;&nbsp; 7159736 |
|  |  | &nbsp;&nbsp;**$24625742** |
| Electronic Equipment, Instruments & Components — 0.8% | Electronic Equipment, Instruments & Components — 0.8% | Electronic Equipment, Instruments & Components — 0.8% |
| CDW Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8875 | &nbsp;&nbsp;$1215076 |
| Keyence Corp. | &nbsp;&nbsp;&nbsp;&nbsp;10775 | &nbsp;&nbsp;&nbsp;&nbsp; 4942126 |
|  |  | &nbsp;&nbsp;**$6157202** |
| Energy Equipment & Services — 0.5% | Energy Equipment & Services — 0.5% | Energy Equipment & Services — 0.5% |
| Baker Hughes Co. | &nbsp;&nbsp;&nbsp;&nbsp;56771 | &nbsp;&nbsp;$3955236 |
|  |  | &nbsp;&nbsp;**$3955236** |
| Entertainment — 0.5% | Entertainment — 0.5% | Entertainment — 0.5% |
| Walt Disney Co. | &nbsp;&nbsp;&nbsp;&nbsp;37141 | &nbsp;&nbsp;$3853379 |
|  |  | &nbsp;&nbsp;**$3853379** |
| Financial Services — 2.2% | Financial Services — 2.2% | Financial Services — 2.2% |
| Berkshire Hathaway, Inc., Class B<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;19807 | &nbsp;&nbsp;$9380595 |
| Global Payments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7262 | &nbsp;&nbsp;&nbsp;&nbsp; 522574 |
| Visa, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;18472 | &nbsp;&nbsp;&nbsp;&nbsp; 6092804 |
| Voya Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25231 | &nbsp;&nbsp;&nbsp;&nbsp; 2067933 |
|  |  | &nbsp;&nbsp;**$18063906** |
| Food Products — 1.4% | Food Products — 1.4% | Food Products — 1.4% |
| Nestle SA | &nbsp;&nbsp;&nbsp;&nbsp;53703 | &nbsp;&nbsp;$5436873 |
| Orkla ASA | &nbsp;&nbsp;&nbsp;&nbsp;468116 | &nbsp;&nbsp;&nbsp;&nbsp; 5773748 |
|  |  | &nbsp;&nbsp;**$11210621** |
| Health Care Equipment & Supplies — 1.7% | Health Care Equipment & Supplies — 1.7% | Health Care Equipment & Supplies — 1.7% |
| Abbott Laboratories | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4893 | &nbsp;&nbsp;$444235 |
| Boston Scientific Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;107672 | &nbsp;&nbsp;&nbsp;&nbsp; 6202984 |
| Coloplast AS, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4332 | &nbsp;&nbsp;&nbsp;&nbsp; 267604 |
| Intuitive Surgical, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9991 | &nbsp;&nbsp;&nbsp;&nbsp; 4571982 |
| Medline, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3892 | &nbsp;&nbsp;&nbsp;&nbsp; 173077 |
| Straumann Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;17454 | &nbsp;&nbsp;&nbsp;&nbsp; 1894261 |
|  |  | &nbsp;&nbsp;**$13554143** |
| Health Care REITs — 0.2% | Health Care REITs — 0.2% | Health Care REITs — 0.2% |
| Healthpeak Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;88353 | &nbsp;&nbsp;$1428668 |
|  |  | &nbsp;&nbsp;**$1428668** |
| Hotels, Restaurants & Leisure — 2.2% | Hotels, Restaurants & Leisure — 2.2% | Hotels, Restaurants & Leisure — 2.2% |
| Amadeus IT Group SA | &nbsp;&nbsp;&nbsp;&nbsp;16357 | &nbsp;&nbsp;$943836 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Hotels, Restaurants & Leisure (continued) | Hotels, Restaurants & Leisure (continued) | Hotels, Restaurants & Leisure (continued) |
| Aramark | &nbsp;&nbsp;&nbsp;&nbsp;88783 | &nbsp;&nbsp;$4056495 |
| Compass Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;62138 | &nbsp;&nbsp;&nbsp;&nbsp; 1755834 |
| InterContinental Hotels Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;34088 | &nbsp;&nbsp;&nbsp;&nbsp; 4873939 |
| Marriott International, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;15907 | &nbsp;&nbsp;&nbsp;&nbsp; 5753403 |
|  |  | &nbsp;&nbsp;**$17383507** |
| Household Products — 0.4% | Household Products — 0.4% | Household Products — 0.4% |
| Reckitt Benckiser Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;44168 | &nbsp;&nbsp;$2810346 |
|  |  | &nbsp;&nbsp;**$2810346** |
| Industrial Conglomerates — 1.2% | Industrial Conglomerates — 1.2% | Industrial Conglomerates — 1.2% |
| Siemens AG | &nbsp;&nbsp;&nbsp;&nbsp;32713 | &nbsp;&nbsp;$9721030 |
|  |  | &nbsp;&nbsp;**$9721030** |
| Insurance — 7.0% | Insurance — 7.0% | Insurance — 7.0% |
| AIA Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;305511 | &nbsp;&nbsp;$3354133 |
| Allianz SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6961 | &nbsp;&nbsp;&nbsp;&nbsp; 3179314 |
| Allstate Corp. | &nbsp;&nbsp;&nbsp;&nbsp;13658 | &nbsp;&nbsp;&nbsp;&nbsp; 2967337 |
| American International Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40947 | &nbsp;&nbsp;&nbsp;&nbsp; 3062836 |
| Arch Capital Group Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8222 | &nbsp;&nbsp;&nbsp;&nbsp; 776650 |
| Assurant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10499 | &nbsp;&nbsp;&nbsp;&nbsp; 2480599 |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | &nbsp;&nbsp;&nbsp;&nbsp;18018 | &nbsp;&nbsp;&nbsp;&nbsp; 10777859 |
| Prudential PLC | &nbsp;&nbsp;&nbsp;&nbsp;218202 | &nbsp;&nbsp;&nbsp;&nbsp; 3288203 |
| RenaissanceRe Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;13524 | &nbsp;&nbsp;&nbsp;&nbsp; 4151462 |
| SCOR SE | &nbsp;&nbsp;&nbsp;&nbsp;146061 | &nbsp;&nbsp;&nbsp;&nbsp; 5449943 |
| Swiss Re AG | &nbsp;&nbsp;&nbsp;&nbsp;67349 | &nbsp;&nbsp;&nbsp;&nbsp; 10849160 |
| Zurich Insurance Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8945 | &nbsp;&nbsp;&nbsp;&nbsp; 6236633 |
|  |  | &nbsp;&nbsp;**$56574129** |
| Interactive Media & Services — 6.4% | Interactive Media & Services — 6.4% | Interactive Media & Services — 6.4% |
| Alphabet, Inc., Class C<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;120945 | &nbsp;&nbsp;$46193734 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8408 | &nbsp;&nbsp;&nbsp;&nbsp; 5144939 |
|  |  | &nbsp;&nbsp;**$51338673** |
| Life Sciences Tools & Services — 0.1% | Life Sciences Tools & Services — 0.1% | Life Sciences Tools & Services — 0.1% |
| Danaher Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5151 | &nbsp;&nbsp;$921771 |
|  |  | &nbsp;&nbsp;**$921771** |
| Machinery — 3.0% | Machinery — 3.0% | Machinery — 3.0% |
| IDEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;28301 | &nbsp;&nbsp;$6165373 |
| Ingersoll Rand, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;90452 | &nbsp;&nbsp;&nbsp;&nbsp; 7223497 |
| Parker-Hannifin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5360 | &nbsp;&nbsp;&nbsp;&nbsp; 4874491 |
| Volvo AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;163946 | &nbsp;&nbsp;&nbsp;&nbsp; 5714622 |
|  |  | &nbsp;&nbsp;**$23977983** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Metals & Mining — 0.9% | Metals & Mining — 0.9% | Metals & Mining — 0.9% |
| Anglo American PLC | &nbsp;&nbsp;&nbsp;&nbsp;64458 | &nbsp;&nbsp;$3189699 |
| Rio Tinto Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;33103 | &nbsp;&nbsp;&nbsp;&nbsp; 4054772 |
|  |  | &nbsp;&nbsp;**$7244471** |
| Multi-Utilities — 0.2% | Multi-Utilities — 0.2% | Multi-Utilities — 0.2% |
| CMS Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;17382 | &nbsp;&nbsp;$1333895 |
|  |  | &nbsp;&nbsp;**$1333895** |
| Oil, Gas & Consumable Fuels — 3.6% | Oil, Gas & Consumable Fuels — 3.6% | Oil, Gas & Consumable Fuels — 3.6% |
| Chevron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2887 | &nbsp;&nbsp;$558086 |
| ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp;18487 | &nbsp;&nbsp;&nbsp;&nbsp; 2325295 |
| EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;114181 | &nbsp;&nbsp;&nbsp;&nbsp; 16050423 |
| EQT Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7207 | &nbsp;&nbsp;&nbsp;&nbsp; 432997 |
| Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;47794 | &nbsp;&nbsp;&nbsp;&nbsp; 7376048 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;&nbsp;&nbsp;38552 | &nbsp;&nbsp;&nbsp;&nbsp; 2335480 |
|  |  | &nbsp;&nbsp;**$29078329** |
| Personal Care Products — 0.5% | Personal Care Products — 0.5% | Personal Care Products — 0.5% |
| L'Oreal Prime De Fidelite<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8246 | &nbsp;&nbsp;$3551461 |
| L'Oreal SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1257 | &nbsp;&nbsp;&nbsp;&nbsp; 541376 |
|  |  | &nbsp;&nbsp;**$4092837** |
| Pharmaceuticals — 6.0% | Pharmaceuticals — 6.0% | Pharmaceuticals — 6.0% |
| AstraZeneca PLC | &nbsp;&nbsp;&nbsp;&nbsp;48751 | &nbsp;&nbsp;$9249148 |
| Eli Lilly & Co.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;31227 | &nbsp;&nbsp;&nbsp;&nbsp; 29184754 |
| Novo Nordisk AS, Class B | &nbsp;&nbsp;&nbsp;&nbsp;62443 | &nbsp;&nbsp;&nbsp;&nbsp; 2656071 |
| Sanofi SA | &nbsp;&nbsp;&nbsp;&nbsp;72981 | &nbsp;&nbsp;&nbsp;&nbsp; 6829303 |
| Zoetis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6698 | &nbsp;&nbsp;&nbsp;&nbsp; 770069 |
|  |  | &nbsp;&nbsp;**$48689345** |
| Professional Services — 1.1% | Professional Services — 1.1% | Professional Services — 1.1% |
| Intertek Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;17048 | &nbsp;&nbsp;$1098200 |
| Recruit Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;112483 | &nbsp;&nbsp;&nbsp;&nbsp; 5210771 |
| RELX PLC | &nbsp;&nbsp;&nbsp;&nbsp;67221 | &nbsp;&nbsp;&nbsp;&nbsp; 2451303 |
| Verisk Analytics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1673 | &nbsp;&nbsp;&nbsp;&nbsp; 308652 |
|  |  | &nbsp;&nbsp;**$9068926** |
| Residential REITs — 0.3% | Residential REITs — 0.3% | Residential REITs — 0.3% |
| Equity LifeStyle Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31943 | &nbsp;&nbsp;$2021672 |
|  |  | &nbsp;&nbsp;**$2021672** |
| Semiconductors & Semiconductor Equipment — 17.5% | Semiconductors & Semiconductor Equipment — 17.5% | Semiconductors & Semiconductor Equipment — 17.5% |
| ASML Holding NV | &nbsp;&nbsp;&nbsp;&nbsp;18556 | &nbsp;&nbsp;$26823544 |
| Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;27460 | &nbsp;&nbsp;&nbsp;&nbsp; 11462628 |
| Infineon Technologies AG | &nbsp;&nbsp;&nbsp;&nbsp;75746 | &nbsp;&nbsp;&nbsp;&nbsp; 5094316 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Semiconductors & Semiconductor Equipment (continued) | Semiconductors & Semiconductor Equipment (continued) | Semiconductors & Semiconductor Equipment (continued) |
| Microchip Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;64178 | &nbsp;&nbsp;$5962778 |
| Micron Technology, Inc.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;54537 | &nbsp;&nbsp;&nbsp;&nbsp; 28204355 |
| NVIDIA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;159359 | &nbsp;&nbsp;&nbsp;&nbsp; 31803276 |
| Taiwan Semiconductor Manufacturing Co. Ltd. ADR | &nbsp;&nbsp;&nbsp;&nbsp;52860 | &nbsp;&nbsp;&nbsp;&nbsp; 20935731 |
| Tokyo Electron Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;37158 | &nbsp;&nbsp;&nbsp;&nbsp; 10949817 |
|  |  | &nbsp;&nbsp;**$141236445** |
| Software — 3.2% | Software — 3.2% | Software — 3.2% |
| Autodesk, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;10223 | &nbsp;&nbsp;$2422851 |
| Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4794 | &nbsp;&nbsp;&nbsp;&nbsp; 1862469 |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;53370 | &nbsp;&nbsp;&nbsp;&nbsp; 21763219 |
|  |  | &nbsp;&nbsp;**$26048539** |
| Specialty Retail — 1.8% | Specialty Retail — 1.8% | Specialty Retail — 1.8% |
| Lowe's Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17778 | &nbsp;&nbsp;$4245209 |
| TJX Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;66847 | &nbsp;&nbsp;&nbsp;&nbsp; 10478267 |
|  |  | &nbsp;&nbsp;**$14723476** |
| Technology Hardware, Storage & Peripherals — 3.3% | Technology Hardware, Storage & Peripherals — 3.3% | Technology Hardware, Storage & Peripherals — 3.3% |
| Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;98553 | &nbsp;&nbsp;$26742356 |
|  |  | &nbsp;&nbsp;**$26742356** |
| Textiles, Apparel & Luxury Goods — 1.0% | Textiles, Apparel & Luxury Goods — 1.0% | Textiles, Apparel & Luxury Goods — 1.0% |
| Cie Financiere Richemont SA, Class A | &nbsp;&nbsp;&nbsp;&nbsp;16697 | &nbsp;&nbsp;$3204443 |
| LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9100 | &nbsp;&nbsp;&nbsp;&nbsp; 4861303 |
|  |  | &nbsp;&nbsp;**$8065746** |
| Trading Companies & Distributors — 0.2% | Trading Companies & Distributors — 0.2% | Trading Companies & Distributors — 0.2% |
| IMCD NV<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;15819 | &nbsp;&nbsp;$1860073 |
|  |  | &nbsp;&nbsp;**$1860073** |
| Total Common Stocks<br> (identified cost $426,514,105) |  | &nbsp;&nbsp;**$794546482** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

Short-Term Investments — 0.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(4)</sup> | 1919446 | &nbsp;&nbsp;$1919446 |
| Total Short-Term Investments<br> (identified cost $1,919,446) |  | &nbsp;&nbsp;**$1919446** |
| Total Investments — 98.9%<br> (identified cost $428,433,551) |  | &nbsp;&nbsp;**$796465928** |
| Other Assets, Less Liabilities — 1.1% |  | &nbsp;&nbsp;**$9067209** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$805533137** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Non-income producing security. |
| <sup>(2)</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 April 30, 2026, the aggregate value of these securities is $7,159,736 or 0.9% of the Fund's net assets. |
| <sup>(3)</sup> | Security (or a portion thereof) has been pledged to cover margin requirements on open futures contracts. |
| <sup>(4)</sup> | May be deemed to be an affiliated investment company (see Note 10). The rate shown is the annualized seven-day yield as of April 30, 2026. |

---

---

| | | |
|:---|:---|:---|
| Country Concentration of Portfolio | Country Concentration of Portfolio | Country Concentration of Portfolio |
| **Country** | &nbsp;&nbsp;&nbsp;**Percentage of<br> Total Investments** | &nbsp;&nbsp;&nbsp;**Value** |
| United States | &nbsp;&nbsp;&nbsp;&nbsp;56.7% | &nbsp;&nbsp;&nbsp;$451300519 |
| France | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65769401 |
| Germany | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50557393 |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42788120 |
| Netherlands | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36496978 |
| Japan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21102714 |
| Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20935731 |
| Norway | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18839555 |
| Sweden | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15409117 |
| Spain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15060978 |
| Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11956804 |
| Italy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7255776 |
| Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6642336 |
| Denmark | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5257517 |
| Australia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4295407 |
| Bermuda | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4151462 |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3833548 |
| Belgium | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3702651 |
| Mexico | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3693659 |
| South Africa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3189699 |
| India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2317491 |
| Finland | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1909072 |
| **Total Investments** | &nbsp;&nbsp;&nbsp;**100.0%** | &nbsp;&nbsp;&nbsp;**$796465928** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Equity Futures** |  |  |  |  |  |
| E-Mini S&P 500 Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;$90184687 | &nbsp;&nbsp;&nbsp;&nbsp;$6159807 |
| E-Mini PHLX Semiconductor Sector Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(115) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(30372937) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7662208) |
| STOXX Europe 600 Banks Index | &nbsp;&nbsp;&nbsp;&nbsp;(2535) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(53137107) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4569214) |
| STOXX Europe 600 Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(725) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25875748) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97952 |
| STOXX Europe 600 Insurance Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(350) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/19/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10137986) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (63903) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$(6037566)** |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | – American Depositary Receipt |
| REITs | – Real Estate Investment Trusts |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $426,514,105) | &nbsp;&nbsp;$794546482 |
| Affiliated investments, at value (identified cost $1,919,446) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1919446 |
| Foreign currency, at value (identified cost $2,918,346) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2915041 |
| Dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1935916 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3351 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;832202 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6644084 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171005 |
| **Total assets** | &nbsp;&nbsp;**$808967527** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$1758033 |
| Payable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504650 |
| 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;411831 |
| &nbsp;&nbsp;&nbsp;Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96401 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106761 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12824 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3684 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171005 |
| Accrued foreign capital gains taxes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193674 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175527 |
| **Total liabilities** | &nbsp;&nbsp;**$3434390** |
| **Net Assets** | &nbsp;&nbsp;**$805533137** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$437923840 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;367609297 |
| **Net Assets** | &nbsp;&nbsp;**$805533137** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$470904027 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22910067 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$20.55 |
| **Maximum Offering Price Per Share <br> (100 ÷ 94.75 of net asset value per share)** | &nbsp;&nbsp;$21.69 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$16033598 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782182 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$20.50 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$318595512 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15481485 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$20.58 |

---

---

| | |
|:---|:---|
| 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. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $2,310,147) | &nbsp;&nbsp;$16567892 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42519 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;508 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2925763 |
| **Total investment income** | &nbsp;&nbsp;**$19536682** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$2478793 |
| Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580034 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566854 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78029 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21756 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114262 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140977 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75847 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11235 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30379 |
| ReFlow liquidity program fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19439 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48145 |
| **Total expenses** | &nbsp;&nbsp;**$4165750** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$1735 |
| **Total expense reductions** | &nbsp;&nbsp;**$1735** |
| **Net expenses** | &nbsp;&nbsp;**$4164015** |
| **Net investment income** | &nbsp;&nbsp;**$15372667** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$4331425<sup>(1)</sup> |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188455 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105443 |
| **Net realized gain** | &nbsp;&nbsp;**$4625323** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments (including net decrease in accrued foreign capital gains taxes of $100,573) | &nbsp;&nbsp;$52825415 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6037566) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215448 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$47003297** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$51628620** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$67001287** |

---

<sup>(1)</sup> Includes $9,958,727 of net realized gains from redemptions in-kind.

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$15372667 | &nbsp;&nbsp;$23102406 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4625323<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15096032 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47003297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80460561 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$67001287** | &nbsp;&nbsp;**$118658999** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(8784240) | &nbsp;&nbsp;$(16383284) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(245313) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(480221) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6261807) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10663758) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(15291360)** | &nbsp;&nbsp;**$(27527263)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(6668423) | &nbsp;&nbsp;$(20004407) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(361586) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2358076) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2156745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59519165 |
| **Net increase (decrease) in net assets from Fund share transactions** | &nbsp;&nbsp;**$(4873264)** | &nbsp;&nbsp;**$37156682** |
| **Net increase in net assets** | &nbsp;&nbsp;**$46836663** | &nbsp;&nbsp;**$128288418** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$758696474 | &nbsp;&nbsp;$630408056 |
| **At end of period** | &nbsp;&nbsp;**$805533137** | &nbsp;&nbsp;**$758696474** |

---

<sup>(1)</sup> Includes $9,958,727 of net realized gains from redemptions in-kind.

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$19.24 | &nbsp;&nbsp;$16.92 | &nbsp;&nbsp;$14.02 | &nbsp;&nbsp;$13.04 | &nbsp;&nbsp;$17.64 | &nbsp;&nbsp;$12.69 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.38 | &nbsp;&nbsp;$0.58 | &nbsp;&nbsp;$0.71 | &nbsp;&nbsp;$0.54 | &nbsp;&nbsp;$0.74 | &nbsp;&nbsp;$0.39 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.99 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$1.69** | &nbsp;&nbsp;**$3.01** | &nbsp;&nbsp;**$3.59** | &nbsp;&nbsp;**$1.70** | &nbsp;&nbsp;**$(3.28)** | &nbsp;&nbsp;**$5.38** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.38) | &nbsp;&nbsp;$(0.69) | &nbsp;&nbsp;$(0.69) | &nbsp;&nbsp;$(0.72) | &nbsp;&nbsp;$(0.64) | &nbsp;&nbsp;$(0.43) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.68) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.38)** | &nbsp;&nbsp;**$(0.69)** | &nbsp;&nbsp;**$(0.69)** | &nbsp;&nbsp;**$(0.72)** | &nbsp;&nbsp;**$(1.32)** | &nbsp;&nbsp;**$(0.43)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$20.55** | &nbsp;&nbsp;**$19.24** | &nbsp;&nbsp;**$16.92** | &nbsp;&nbsp;**$14.02** | &nbsp;&nbsp;**$13.04** | &nbsp;&nbsp;**$17.64** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.90%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.28%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25.77%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.10%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(19.65)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**42.80%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$470904 | &nbsp;&nbsp;$447240 | &nbsp;&nbsp;$412677 | &nbsp;&nbsp;$372352 | &nbsp;&nbsp;$356746 | &nbsp;&nbsp;$494280 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.88%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.26% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.41% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</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 six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$19.19 | &nbsp;&nbsp;$16.88 | &nbsp;&nbsp;$13.98 | &nbsp;&nbsp;$13.01 | &nbsp;&nbsp;$17.59 | &nbsp;&nbsp;$12.65 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.31 | &nbsp;&nbsp;$0.45 | &nbsp;&nbsp;$0.58 | &nbsp;&nbsp;$0.42 | &nbsp;&nbsp;$0.61 | &nbsp;&nbsp;$0.25 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.99) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$1.62** | &nbsp;&nbsp;**$2.87** | &nbsp;&nbsp;**$3.46** | &nbsp;&nbsp;**$1.58** | &nbsp;&nbsp;**$(3.38)** | &nbsp;&nbsp;**$5.25** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.31) | &nbsp;&nbsp;$(0.56) | &nbsp;&nbsp;$(0.56) | &nbsp;&nbsp;$(0.61) | &nbsp;&nbsp;$(0.52) | &nbsp;&nbsp;$(0.31) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.68) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$(0.56)** | &nbsp;&nbsp;**$(0.56)** | &nbsp;&nbsp;**$(0.61)** | &nbsp;&nbsp;**$(1.20)** | &nbsp;&nbsp;**$(0.31)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$20.50** | &nbsp;&nbsp;**$19.19** | &nbsp;&nbsp;**$16.88** | &nbsp;&nbsp;**$13.98** | &nbsp;&nbsp;**$13.01** | &nbsp;&nbsp;**$17.59** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.51%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.38%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**24.91%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.20%** | &nbsp;&nbsp;&nbsp;&nbsp;**(20.22)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**41.79%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$16034 | &nbsp;&nbsp;$15366 | &nbsp;&nbsp;$15836 | &nbsp;&nbsp;$15979 | &nbsp;&nbsp;$20044 | &nbsp;&nbsp;$31961 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.93%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.94%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.12%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.08% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</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 six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$19.26 | &nbsp;&nbsp;$16.94 | &nbsp;&nbsp;$14.03 | &nbsp;&nbsp;$13.05 | &nbsp;&nbsp;$17.65 | &nbsp;&nbsp;$12.70 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.41 | &nbsp;&nbsp;$0.62 | &nbsp;&nbsp;$0.76 | &nbsp;&nbsp;$0.58 | &nbsp;&nbsp;$0.79 | &nbsp;&nbsp;$0.42 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.00 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$1.73** | &nbsp;&nbsp;**$3.05** | &nbsp;&nbsp;**$3.64** | &nbsp;&nbsp;**$1.74** | &nbsp;&nbsp;**$(3.24)** | &nbsp;&nbsp;**$5.42** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.41) | &nbsp;&nbsp;$(0.73) | &nbsp;&nbsp;$(0.73) | &nbsp;&nbsp;$(0.76) | &nbsp;&nbsp;$(0.68) | &nbsp;&nbsp;$(0.47) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.68) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.41)** | &nbsp;&nbsp;**$(0.73)** | &nbsp;&nbsp;**$(0.73)** | &nbsp;&nbsp;**$(0.76)** | &nbsp;&nbsp;**$(1.36)** | &nbsp;&nbsp;**$(0.47)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$20.58** | &nbsp;&nbsp;**$19.26** | &nbsp;&nbsp;**$16.94** | &nbsp;&nbsp;**$14.03** | &nbsp;&nbsp;**$13.05** | &nbsp;&nbsp;**$17.65** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.08%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.55%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**26.14%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.38%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(19.44)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**43.12%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$318596 | &nbsp;&nbsp;$296091 | &nbsp;&nbsp;$201895 | &nbsp;&nbsp;$154559 | &nbsp;&nbsp;$141680 | &nbsp;&nbsp;$188245 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.93%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.16%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.52% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.55% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.03% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.26% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.63% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</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 six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Global Equity Income 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 achieve after-tax total return for its shareholders. The Fund offers three classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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 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. 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 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 or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

#### Derivatives. Futures contracts are valued at the closing settlement price established by the board of trade or exchange on which they are traded.
**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. As a result of several court cases in certain countries across the European Union (EU), the Fund filed additional tax reclaims for previously withheld taxes on dividends earned in those countries. Income recognized, if any, for EU reclaims and interest thereon is reflected as other income in the Statement of Operations, and any related receivable, if any, is reflected as European Union tax reclaims receivable in the Statement of Assets and Liabilities. Any fees associated with these filings are reflected in miscellaneous expenses in the Statement of Operations. When uncertainty exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these EU reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. For U.S. income

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

tax purposes, EU reclaims received by the Fund, if any, may reduce the amount of foreign taxes Fund shareholders can use as tax deductions or credits on their income tax returns. In the event that EU reclaims received by the Fund during a fiscal year exceed foreign withholding taxes paid by the Fund, and the Fund previously passed through to its shareholders foreign taxes incurred by the Fund to be used as a credit or deduction on a shareholder's income tax return, the Fund may be required to enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the Fund's shareholders. Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

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 April 30, 2026, 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.

I Futures Contracts—Upon entering into a futures contract, the Fund is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Fund each business day, depending on the daily fluctuations in the value of the underlying security or index and are recorded as unrealized gains or losses by the Fund. Gains (losses) are realized upon the expiration or closing of the futures contracts. Should market conditions change unexpectedly, the Fund may not achieve the anticipated benefits of the futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

J Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

K Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

2 Distributions to Shareholders and Income Tax Information

It is the present policy of the Fund to make monthly distributions 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $789,600 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 October 31, 2025, $789,600 are short-term.

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Fund at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$435436526** |
| Gross unrealized appreciation | &nbsp;&nbsp;$367664571 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12672735) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$354991836** |

---

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 average daily net assets as follows and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;0.650% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.625% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.600% |
| $2.5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.575% |

---

For the six months ended April 30, 2026, the Fund's investment adviser fee amounted to $2,478,793 or 0.64% (annualized) of the Fund's average daily net assets.

Pursuant to an investment sub-advisory agreement, EVM has delegated a portion of the investment management of the Fund to Eaton Vance Advisers International Ltd. (EVAIL), an affiliate of EVM and an indirect, wholly-owned subsidiary of Morgan Stanley. EVM pays EVAIL a portion of its investment adviser fee for sub-advisory services provided to the Fund. 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 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 six months ended April 30, 2026, the investment adviser fee paid was reduced by $1,735 relating to the Fund's investment in the Liquidity 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 six months ended April 30, 2026, the administration fee amounted to $580,034.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $20,029 from the Fund pursuant to such agreement, which is included in transfer and dividend disbursing agent fees

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[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 $6,034 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also 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. Certain officers and Trustees of the Fund are officers of EVM.

4 Distribution Plan

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 six months ended April 30, 2026 amounted to $566,854 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $58,522 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 six months ended April 30, 2026 amounted to $19,507 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). 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 six months ended April 30, 2026, 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 and in-kind transactions, aggregated $371,845,281 and $371,435,410, respectively, for the six months ended April 30, 2026. In-kind sales for the six months ended April 30, 2026 aggregated $12,024,498.

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — 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. Sales and redemptions of Class I shares include shares purchased and redeemed in connection with the ReFlow liquidity program, a program designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Transactions in Fund shares, including direct exchanges pursuant to share class conversions, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 250882 | &nbsp;&nbsp;&nbsp;&nbsp;$4970340 | &nbsp;&nbsp;&nbsp;&nbsp; 455570 | &nbsp;&nbsp;&nbsp;&nbsp;$7966262 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 394088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7742133 | &nbsp;&nbsp;&nbsp;&nbsp; 824587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14416152 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (977597) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19380896) | &nbsp;&nbsp;&nbsp;&nbsp;(2424839) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42386821) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(332627)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(6668423)** | &nbsp;&nbsp;&nbsp;&nbsp;**(1144682)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(20004407)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 69782 | &nbsp;&nbsp;&nbsp;&nbsp;$1376763 | &nbsp;&nbsp;&nbsp;&nbsp; 109984 | &nbsp;&nbsp;&nbsp;&nbsp;$1956009 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 12515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 244976 | &nbsp;&nbsp;&nbsp;&nbsp; 27484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 478454 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (100841) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1983325) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (275013) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4792539) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(18544)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(361586)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(137545)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(2358076)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;1227882 | &nbsp;&nbsp;&nbsp;&nbsp;$24507274 | &nbsp;&nbsp;&nbsp;&nbsp;4471395 | &nbsp;&nbsp;&nbsp;&nbsp;$77191492 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 315858 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6214382 | &nbsp;&nbsp;&nbsp;&nbsp; 603121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10581085 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(1431649) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28564911) | &nbsp;&nbsp;&nbsp;&nbsp;(1622878) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28253412) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **112091** | &nbsp;&nbsp;&nbsp;&nbsp;**$2156745** | &nbsp;&nbsp;&nbsp;&nbsp;**3451638** | &nbsp;&nbsp;&nbsp;&nbsp;**$59519165** |

---

8 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 forward foreign currency exchange contracts and futures contracts 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, 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 objectives. The Fund enters into equity futures contracts on securities indices to gain or limit exposure to certain markets, particularly in connection with engaging in the dividend capture trading strategy.

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[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 April 30, 2026 was as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;&nbsp;&nbsp;**Fair Value** |
| **Derivative** | &nbsp;&nbsp;&nbsp;&nbsp;**Asset Derivative<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Liability Derivative<sup>(1)</sup>** |
| Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;$6257759 | &nbsp;&nbsp;&nbsp;&nbsp;$(12295325) |

---

<sup>(1)</sup> Only the current day's variation margin on open futures contracts is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open futures contracts, as applicable.

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 six months ended April 30, 2026 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>** |
| Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;$188455 | &nbsp;&nbsp;&nbsp;&nbsp;$(6037566) |

---

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

The average notional cost of futures contracts outstanding during the six months ended April 30, 2026, which is indicative of the volume of this derivative type, was approximately as follows:

---

| | |
|:---|:---|
| **Futures<br> Contracts — Long** | &nbsp;&nbsp;&nbsp;&nbsp;**Futures<br> Contracts — Short** |
| $37335000 | &nbsp;&nbsp;&nbsp;&nbsp;$43391000 |

---

9 Line of Credit

The Fund participates with other portfolios and funds managed by EVM and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. 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 generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $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 six months ended April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

10 Affiliated Investments

At April 30, 2026, the value of the Fund's investment in funds that may be deemed to be affiliated was $1,919,446, which represents 0.3% of the Fund's net assets. Transactions in such investments by the Fund for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $2676762 | $106339604 | $(107096920) | $— | $— | $1919446 | $42519 | 1919446 |

---

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 April 30, 2026, the hierarchy of inputs used in valuing the Fund's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Communication Services | &nbsp;&nbsp;$55192052 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$55192052 |
| &nbsp;&nbsp;&nbsp;Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp; 39254276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50940365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90194641 |
| &nbsp;&nbsp;&nbsp;Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp; 7110943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18562239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25673182 |
| &nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp; 33033565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33033565 |
| &nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp; 65251265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 126516356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191767621 |
| &nbsp;&nbsp;&nbsp;Health Care | &nbsp;&nbsp;&nbsp;&nbsp; 42268872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21137022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63405894 |
| &nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp; 27610918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74466995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102077913 |
| &nbsp;&nbsp;&nbsp;Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;152374739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47809803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200184542 |
| &nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp; 1916864 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7865938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9782802 |
| &nbsp;&nbsp;&nbsp;Real Estate | &nbsp;&nbsp;&nbsp;&nbsp; 3450340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3450340 |
| &nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp; 7542717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12241213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19783930 |
| **Total Common Stocks** | &nbsp;&nbsp;**$435006551** | &nbsp;&nbsp;&nbsp;&nbsp;**$359,539,931\*** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$794546482** |
| Short-Term Investments | &nbsp;&nbsp;$1919446 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1919446 |
| **Total Investments** | &nbsp;&nbsp;**$436925997** | &nbsp;&nbsp;&nbsp;&nbsp;**$359539931** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$796465928** |
| Futures Contracts | &nbsp;&nbsp;$6257759 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$6257759 |
| **Total** | &nbsp;&nbsp;**$443183756** | &nbsp;&nbsp;&nbsp;&nbsp;**$359539931** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$802723687** |

---

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

Eaton Vance

Global Equity Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Liability Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Futures Contracts | &nbsp;&nbsp;$(12295325) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(12295325) |
| **Total** | &nbsp;&nbsp;**$(12295325)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(12295325)** |

---

\* 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.

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, and by acts of terrorism and war. 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.

------

[**Table of Contents**](#JOB_EV_AR_d8ab4398-6a8d-44e6-82a7-a165253e99d1_TOC)

EADIX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Tax-Managed Multi-Cap Growth Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804imge480a6671.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Tax-Managed Multi-Cap Growth Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_a5dd66dd-5c74-4025-b7d1-34b7139b89d8_1)** |  |
| [Item 7 of Form N-CSR:](#xx_f30db629-1343-455b-add1-86abcf74bf75_1) | [Item 7 of Form N-CSR:](#xx_f30db629-1343-455b-add1-86abcf74bf75_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_f30db629-1343-455b-add1-86abcf74bf75_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_f30db629-1343-455b-add1-86abcf74bf75_2) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_f30db629-1343-455b-add1-86abcf74bf75_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_67af76c4-e8d4-46c2-8861-c636f36a19d1_1) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_36affe52-6574-443f-bc77-6adfcc911e93_1) | 6 |
| [Tax-Managed Multi-Cap Growth Portfolio](#xx_0ffbb2de-936d-41e8-a0f0-71d523298ef8_1) | [Tax-Managed Multi-Cap Growth Portfolio](#xx_0ffbb2de-936d-41e8-a0f0-71d523298ef8_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_0ffbb2de-936d-41e8-a0f0-71d523298ef8_1) | [Items 6 and 7 of Form N-CSR:](#xx_0ffbb2de-936d-41e8-a0f0-71d523298ef8_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_0ffbb2de-936d-41e8-a0f0-71d523298ef8_1) | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_68dda7e4-ca48-44bd-9821-028a39939c6c_1) | 11 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Eaton Vance

Tax-Managed Multi-Cap Growth Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in Tax-Managed Multi-Cap Growth Portfolio, at value (identified cost $39,424,930) | &nbsp;&nbsp;$157628841 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12824 |
| **Total assets** | &nbsp;&nbsp;**$157641665** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$149464 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18498 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34743 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8458 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 |
| Payable for legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17793 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32081 |
| **Total liabilities** | &nbsp;&nbsp;**$261079** |
| **Net Assets** | &nbsp;&nbsp;**$157380586** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$47891385 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;109489201 |
| **Net Assets** | &nbsp;&nbsp;**$157380586** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$150877198 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2532127 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$59.59 |
| **Maximum Offering Price Per Share<br> (100 ÷ 94.75 of net asset value per share)** | &nbsp;&nbsp;$62.89 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$6503388 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140308 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$46.35 |

---

---

| | |
|:---|:---|
| 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. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Eaton Vance

Tax-Managed Multi-Cap Growth Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio (net of foreign taxes withheld of $1,513) | &nbsp;&nbsp;$424740 |
| Securities lending income allocated from Portfolio, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1844 |
| Expenses allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(554073) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1958 |
| **Total investment loss from Portfolio** | &nbsp;&nbsp;**$(125531)** |
| Expenses |  |
| Administration fee | &nbsp;&nbsp;$115727 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184355 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34089 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11605 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40490 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25706 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8828 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19941 |
| ReFlow liquidity program fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2649 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4723 |
| **Total expenses** | &nbsp;&nbsp;**$448363** |
| **Net investment loss** | &nbsp;&nbsp;**$(573894)** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$5188706 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) |
| **Net realized gain** | &nbsp;&nbsp;**$5188703** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$(5912086) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(5912086)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(723383)** |
| **Net decrease in net assets from operations** | &nbsp;&nbsp;**$(1297277)** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Eaton Vance

Tax-Managed Multi-Cap Growth Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;$(573894) | &nbsp;&nbsp;$(1199109) |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5188703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14397719 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5912086) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8777385 |
| **Net increase (decrease) in net assets from operations** | &nbsp;&nbsp;**$(1297277)** | &nbsp;&nbsp;**$21975995** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(12008436) | &nbsp;&nbsp;$(3226852) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(714664) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(211837) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(12723100)** | &nbsp;&nbsp;**$(3438689)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$4929108 | &nbsp;&nbsp;$(3145663) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(310342) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(589745) |
| **Net increase (decrease) in net assets from Fund share transactions** | &nbsp;&nbsp;**$4618766** | &nbsp;&nbsp;**$(3735408)** |
| **Net increase (decrease) in net assets** | &nbsp;&nbsp;**$(9401611)** | &nbsp;&nbsp;**$14801898** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$166782197 | &nbsp;&nbsp;$151980299 |
| **At end of period** | &nbsp;&nbsp;**$157380586** | &nbsp;&nbsp;**$166782197** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Eaton Vance

Tax-Managed Multi-Cap Growth Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$64.95 | &nbsp;&nbsp;$57.74 | &nbsp;&nbsp;$43.06 | &nbsp;&nbsp;$36.29 | &nbsp;&nbsp;$51.60 | &nbsp;&nbsp;$39.63 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment loss<sup>(1)</sup> | &nbsp;&nbsp;$(0.21) | &nbsp;&nbsp;$(0.44) | &nbsp;&nbsp;$(0.36) | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$(0.33) | &nbsp;&nbsp;$(0.39) |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.04 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.02 | &nbsp;&nbsp;&nbsp;&nbsp;(13.38) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.73 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$(0.45)** | &nbsp;&nbsp;**$8.51** | &nbsp;&nbsp;**$14.68** | &nbsp;&nbsp;**$6.77** | &nbsp;&nbsp;**$(13.71)** | &nbsp;&nbsp;**$13.34** |
| Less Distributions |  |  |  |  |  |  |
| From net realized gain | &nbsp;&nbsp;$(4.91) | &nbsp;&nbsp;$(1.30) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(1.60) | &nbsp;&nbsp;$(1.37) |
| **Total distributions** | &nbsp;&nbsp;**$(4.91)** | &nbsp;&nbsp;**$(1.30)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(1.60)** | &nbsp;&nbsp;**$(1.37)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$59.59** | &nbsp;&nbsp;**$64.95** | &nbsp;&nbsp;**$57.74** | &nbsp;&nbsp;**$43.06** | &nbsp;&nbsp;**$36.29** | &nbsp;&nbsp;**$51.60** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.53)%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.89%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**34.09%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.66%** | &nbsp;&nbsp;&nbsp;&nbsp;**(27.42)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**34.39%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$150877 | &nbsp;&nbsp;$159140 | &nbsp;&nbsp;$144509 | &nbsp;&nbsp;$109562 | &nbsp;&nbsp;$93206 | &nbsp;&nbsp;$136537 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25% |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.71)%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.74)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.67)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.60)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.79)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.83)% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4%<sup>(3)</sup> | &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;&nbsp;&nbsp;8% | &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;0%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

<sup>(8)</sup> Amount is less than 0.5%.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Eaton Vance

Tax-Managed Multi-Cap Growth Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$51.82 | &nbsp;&nbsp;$46.65 | &nbsp;&nbsp;$35.05 | &nbsp;&nbsp;$29.77 | &nbsp;&nbsp;$42.92 | &nbsp;&nbsp;$33.41 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment loss<sup>(1)</sup> | &nbsp;&nbsp;$(0.33) | &nbsp;&nbsp;$(0.70) | &nbsp;&nbsp;$(0.61) | &nbsp;&nbsp;$(0.45) | &nbsp;&nbsp;$(0.54) | &nbsp;&nbsp;$(0.61) |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;(0.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.17 | &nbsp;&nbsp;&nbsp;&nbsp;12.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.73 | &nbsp;&nbsp;&nbsp;&nbsp;(11.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.49 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$(0.56)** | &nbsp;&nbsp;**$6.47** | &nbsp;&nbsp;**$11.60** | &nbsp;&nbsp;**$5.28** | &nbsp;&nbsp;**$(11.55)** | &nbsp;&nbsp;**$10.88** |
| Less Distributions |  |  |  |  |  |  |
| From net realized gain | &nbsp;&nbsp;$(4.91) | &nbsp;&nbsp;$(1.30) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(1.60) | &nbsp;&nbsp;$(1.37) |
| **Total distributions** | &nbsp;&nbsp;**$(4.91)** | &nbsp;&nbsp;**$(1.30)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(1.60)** | &nbsp;&nbsp;**$(1.37)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$46.35** | &nbsp;&nbsp;**$51.82** | &nbsp;&nbsp;**$46.65** | &nbsp;&nbsp;**$35.05** | &nbsp;&nbsp;**$29.77** | &nbsp;&nbsp;**$42.92** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**(0.91)%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**14.04%** | &nbsp;&nbsp;&nbsp;&nbsp;**33.10%** | &nbsp;&nbsp;&nbsp;&nbsp;**17.74%** | &nbsp;&nbsp;&nbsp;&nbsp;**(27.95)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**33.40%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$6503 | &nbsp;&nbsp;$7642 | &nbsp;&nbsp;$7472 | &nbsp;&nbsp;$6145 | &nbsp;&nbsp;$7382 | &nbsp;&nbsp;$13300 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.98% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.98% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.03% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.98%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.98%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.03%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.00% |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;(1.45)%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(1.48)% | &nbsp;&nbsp;&nbsp;&nbsp;(1.41)% | &nbsp;&nbsp;&nbsp;&nbsp;(1.34)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.53)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.57)% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8% | &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;0%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

<sup>(8)</sup> Amount is less than 0.5%.

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Eaton Vance

Tax-Managed Multi-Cap Growth Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Tax-Managed Multi-Cap Growth Fund (the Fund) is a non-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 offers two classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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. 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. Each class of shares differs in its distribution plan and certain other class-specific expenses. The Fund invests its assets in interests in Tax-Managed Multi-Cap Growth Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objective and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (52.5% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The financial statements of the Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Eaton Vance

Tax-Managed Multi-Cap Growth Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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.

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 that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser and receive an advisory fee as follows and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;0.650% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.625% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.600% |
| $2.5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.600% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. To the extent the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR) to render investment advisory services. See Note 2 of the Portfolio's Notes to Financial Statements which are included elsewhere in this report. The administration fee is earned by EVM as compensation for administrative services rendered to the Fund. The fee is computed at an annual rate of 0.15% ofthe Fund's average daily net assets. For the six months ended April 30, 2026, the administration fee amounted to $115,727.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $13,158 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 $2,007 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. The Fund was informed that Morgan Stanley affiliated broker-dealers, which may be deemed to be affiliates of EVM, BMR and EVD, also received a portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026 in the amount of $2,897. EVD also 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 or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

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 six months ended April 30, 2026 amounted to $184,355 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $25,567 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 six months ended April 30, 2026 amounted to $8,522 for Class C shares.

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

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Eaton Vance

Tax-Managed Multi-Cap Growth Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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). 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 six months ended April 30, 2026, 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 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $601,787 and $9,154,111, respectively.

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. Sales and redemptions of Class A shares include shares purchased and redeemed in connection with the ReFlow liquidity program, a program designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Transactions in Fund shares, including direct exchanges pursuant to share class conversions, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 93519 | &nbsp;&nbsp;&nbsp;&nbsp;$5309973 | &nbsp;&nbsp;&nbsp;&nbsp;166156 | &nbsp;&nbsp;&nbsp;&nbsp;$9746380 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp;198831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11605755 | &nbsp;&nbsp;&nbsp;&nbsp; 50723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3090035 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(210577) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11986620) | &nbsp;&nbsp;&nbsp;&nbsp;(269205) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15982078) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **81773** | &nbsp;&nbsp;&nbsp;&nbsp;**$4929108** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(52326)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(3145663)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 5652 | &nbsp;&nbsp;&nbsp;&nbsp;$260576 | &nbsp;&nbsp;&nbsp;&nbsp; 12680 | &nbsp;&nbsp;&nbsp;&nbsp;$602994 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 15696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 714665 | &nbsp;&nbsp;&nbsp;&nbsp; 4329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 211762 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28518) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1285583) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29679) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1404501) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(7170)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(310342)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(12670)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(589745)** |

---

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Tax-Managed Multi-Cap Growth Portfolio

April 30, 2026

Portfolio of Investments (Unaudited)

------

Common Stocks — 98.6%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Biotechnology — 2.7% | Biotechnology — 2.7% | Biotechnology — 2.7% |
| AbbVie, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;17006 | &nbsp;&nbsp;$3593708 |
| Argenx SE ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1668 | &nbsp;&nbsp;&nbsp;&nbsp; 1303909 |
| Vertex Pharmaceuticals, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7471 | &nbsp;&nbsp;&nbsp;&nbsp; 3192956 |
|  |  | &nbsp;&nbsp;**$8090573** |
| Broadline Retail — 9.7% | Broadline Retail — 9.7% | Broadline Retail — 9.7% |
| Amazon.com, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;110092 | &nbsp;&nbsp;$29180985 |
|  |  | &nbsp;&nbsp;**$29180985** |
| Capital Markets — 0.9% | Capital Markets — 0.9% | Capital Markets — 0.9% |
| S&P Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5966 | &nbsp;&nbsp;$2572718 |
|  |  | &nbsp;&nbsp;**$2572718** |
| Chemicals — 1.2% | Chemicals — 1.2% | Chemicals — 1.2% |
| Ecolab, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5380 | &nbsp;&nbsp;$1402028 |
| Sherwin-Williams Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6570 | &nbsp;&nbsp;&nbsp;&nbsp; 2112978 |
|  |  | &nbsp;&nbsp;**$3515006** |
| Commercial Services & Supplies — 1.4% | Commercial Services & Supplies — 1.4% | Commercial Services & Supplies — 1.4% |
| Copart, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;49420 | &nbsp;&nbsp;$1636296 |
| Waste Connections, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16156 | &nbsp;&nbsp;&nbsp;&nbsp; 2661217 |
|  |  | &nbsp;&nbsp;**$4297513** |
| Consumer Staples Distribution & Retail — 1.8% | Consumer Staples Distribution & Retail — 1.8% | Consumer Staples Distribution & Retail — 1.8% |
| Performance Food Group Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;58516 | &nbsp;&nbsp;$5299209 |
|  |  | &nbsp;&nbsp;**$5299209** |
| Electrical Equipment — 2.5% | Electrical Equipment — 2.5% | Electrical Equipment — 2.5% |
| AMETEK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31600 | &nbsp;&nbsp;$7441800 |
|  |  | &nbsp;&nbsp;**$7441800** |
| Entertainment — 0.5% | Entertainment — 0.5% | Entertainment — 0.5% |
| Live Nation Entertainment, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9609 | &nbsp;&nbsp;$1517645 |
|  |  | &nbsp;&nbsp;**$1517645** |
| Financial Services — 3.4% | Financial Services — 3.4% | Financial Services — 3.4% |
| Visa, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;30882 | &nbsp;&nbsp;$10186119 |
|  |  | &nbsp;&nbsp;**$10186119** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Food Products — 0.4% | Food Products — 0.4% | Food Products — 0.4% |
| Mondelez International, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;21749 | &nbsp;&nbsp;$1336259 |
|  |  | &nbsp;&nbsp;**$1336259** |
| Ground Transportation — 2.1% | Ground Transportation — 2.1% | Ground Transportation — 2.1% |
| Norfolk Southern Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8734 | &nbsp;&nbsp;$2758459 |
| Uber Technologies, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;47387 | &nbsp;&nbsp;&nbsp;&nbsp; 3535544 |
|  |  | &nbsp;&nbsp;**$6294003** |
| Health Care Equipment & Supplies — 1.4% | Health Care Equipment & Supplies — 1.4% | Health Care Equipment & Supplies — 1.4% |
| Intuitive Surgical, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5720 | &nbsp;&nbsp;$2617529 |
| Stryker Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4839 | &nbsp;&nbsp;&nbsp;&nbsp; 1524914 |
|  |  | &nbsp;&nbsp;**$4142443** |
| Health Care Providers & Services — 0.4% | Health Care Providers & Services — 0.4% | Health Care Providers & Services — 0.4% |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3237 | &nbsp;&nbsp;$1199244 |
|  |  | &nbsp;&nbsp;**$1199244** |
| Hotels, Restaurants & Leisure — 1.8% | Hotels, Restaurants & Leisure — 1.8% | Hotels, Restaurants & Leisure — 1.8% |
| Booking Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15650 | &nbsp;&nbsp;$2634834 |
| Domino's Pizza, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3079 | &nbsp;&nbsp;&nbsp;&nbsp; 1045074 |
| Marriott International, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4720 | &nbsp;&nbsp;&nbsp;&nbsp; 1707177 |
|  |  | &nbsp;&nbsp;**$5387085** |
| Interactive Media & Services — 16.3% | Interactive Media & Services — 16.3% | Interactive Media & Services — 16.3% |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;56023 | &nbsp;&nbsp;$21557650 |
| Alphabet, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp;40857 | &nbsp;&nbsp;&nbsp;&nbsp; 15604923 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;18990 | &nbsp;&nbsp;&nbsp;&nbsp; 11620171 |
|  |  | &nbsp;&nbsp;**$48782744** |
| IT Services — 1.2% | IT Services — 1.2% | IT Services — 1.2% |
| GoDaddy, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;30073 | &nbsp;&nbsp;$2610035 |
| Okta, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;15035 | &nbsp;&nbsp;&nbsp;&nbsp; 1107328 |
|  |  | &nbsp;&nbsp;**$3717363** |
| Life Sciences Tools & Services — 0.4% | Life Sciences Tools & Services — 0.4% | Life Sciences Tools & Services — 0.4% |
| Danaher Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6647 | &nbsp;&nbsp;$1189481 |
|  |  | &nbsp;&nbsp;**$1189481** |
| Pharmaceuticals — 2.0% | Pharmaceuticals — 2.0% | Pharmaceuticals — 2.0% |
| Eli Lilly & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4585 | &nbsp;&nbsp;$4285141 |
| Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3719 | &nbsp;&nbsp;&nbsp;&nbsp; 854812 |
| Merck & Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7326 | &nbsp;&nbsp;&nbsp;&nbsp; 799853 |
|  |  | &nbsp;&nbsp;**$5939806** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Tax-Managed Multi-Cap Growth Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Semiconductors & Semiconductor Equipment — 20.0% | Semiconductors & Semiconductor Equipment — 20.0% | Semiconductors & Semiconductor Equipment — 20.0% |
| Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;24620 | &nbsp;&nbsp;$10277126 |
| Monolithic Power Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8854 | &nbsp;&nbsp;&nbsp;&nbsp; 14293986 |
| NVIDIA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;177438 | &nbsp;&nbsp;&nbsp;&nbsp; 35411302 |
|  |  | &nbsp;&nbsp;**$59982414** |
| Software — 14.6% | Software — 14.6% | Software — 14.6% |
| Adobe, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9206 | &nbsp;&nbsp;$2265597 |
| Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6414 | &nbsp;&nbsp;&nbsp;&nbsp; 2491839 |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;69246 | &nbsp;&nbsp;&nbsp;&nbsp; 28237134 |
| Oracle Corp. | &nbsp;&nbsp;&nbsp;&nbsp;11391 | &nbsp;&nbsp;&nbsp;&nbsp; 1838394 |
| Palo Alto Networks, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;11120 | &nbsp;&nbsp;&nbsp;&nbsp; 1994038 |
| Salesforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;19700 | &nbsp;&nbsp;&nbsp;&nbsp; 3477641 |
| ServiceTitan, Inc., Class A<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;21343 | &nbsp;&nbsp;&nbsp;&nbsp; 1269055 |
| Synopsys, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4809 | &nbsp;&nbsp;&nbsp;&nbsp; 2320823 |
|  |  | &nbsp;&nbsp;**$43894521** |
| Specialty Retail — 2.3% | Specialty Retail — 2.3% | Specialty Retail — 2.3% |
| TJX Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;44664 | &nbsp;&nbsp;$7001082 |
|  |  | &nbsp;&nbsp;**$7001082** |
| Technology Hardware, Storage & Peripherals — 9.1% | Technology Hardware, Storage & Peripherals — 9.1% | Technology Hardware, Storage & Peripherals — 9.1% |
| Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;100863 | &nbsp;&nbsp;$27369175 |
|  |  | &nbsp;&nbsp;**$27369175** |
| Textiles, Apparel & Luxury Goods — 0.4% | Textiles, Apparel & Luxury Goods — 0.4% | Textiles, Apparel & Luxury Goods — 0.4% |
| Lululemon Athletica, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8980 | &nbsp;&nbsp;$1236546 |
|  |  | &nbsp;&nbsp;**$1236546** |
| Trading Companies & Distributors — 2.1% | Trading Companies & Distributors — 2.1% | Trading Companies & Distributors — 2.1% |
| United Rentals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6684 | &nbsp;&nbsp;$6415571 |
|  |  | &nbsp;&nbsp;**$6415571** |
| Total Common Stocks<br> (identified cost $89,530,291) |  | &nbsp;&nbsp;**$295989305** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 1.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(3)</sup> | 3332596 | &nbsp;&nbsp;$3332596 |
| Total Short-Term Investments<br> (identified cost $3,332,596) |  | &nbsp;&nbsp;**$3332596** |
| Total Investments — 99.7%<br> (identified cost $92,862,887) |  | &nbsp;&nbsp;**$299321901** |
| Other Assets, Less Liabilities — 0.3% |  | &nbsp;&nbsp;**$901457** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$300223358** |

---

---

| | |
|:---|:---|
| 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 April 30, 2026. The aggregate market value of securities on loan at April 30, 2026 was $1,256,330. |
| <sup>(3)</sup> | May be deemed to be an affiliated investment company (see Note 7). The rate shown is the annualized seven-day yield as of April 30, 2026. |

---

---

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

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Tax-Managed Multi-Cap Growth Portfolio

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $89,530,291) — including $1,256,330 of securities on loan | &nbsp;&nbsp;$295989305 |
| Affiliated investments, at value (identified cost $3,332,596) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3332596 |
| Dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29420 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11347 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1074843 |
| Securities lending income receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2126 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46224 |
| **Total assets** | &nbsp;&nbsp;**$300485861** |
| Liabilities |  |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment adviser fee | &nbsp;&nbsp;$151869 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46224 |
| Payable for custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25903 |
| Payable for legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26186 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12321 |
| **Total liabilities** | &nbsp;&nbsp;**$262503** |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$300223358** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Tax-Managed Multi-Cap Growth Portfolio

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $2,829) | &nbsp;&nbsp;$701517 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94954 |
| Securities lending income, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3473 |
| **Total investment income** | &nbsp;&nbsp;**$799944** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$942671 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8573 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39562 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34958 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15131 |
| **Total expenses** | &nbsp;&nbsp;**$1040895** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$3679 |
| **Total expense reductions** | &nbsp;&nbsp;**$3679** |
| **Net expenses** | &nbsp;&nbsp;**$1037216** |
| **Net investment loss** | &nbsp;&nbsp;**$(237272)** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$9669846<sup>(1)</sup> |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) |
| **Net realized gain** | &nbsp;&nbsp;**$9669841** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$(10652041) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(10652041)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(982200)** |
| **Net decrease in net assets from operations** | &nbsp;&nbsp;**$(1219472)** |

---

<sup>(1)</sup> Includes $2,768,868 of net realized gains from redemptions in-kind.

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Tax-Managed Multi-Cap Growth Portfolio

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;$(237272) | &nbsp;&nbsp;$(608305) |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9669841<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26571784<sup>(2)</sup> |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10652041) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16067457 |
| **Net increase (decrease) in net assets from operations** | &nbsp;&nbsp;**$(1219472)** | &nbsp;&nbsp;**$42030936** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$601786 | &nbsp;&nbsp;$2015609 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9154111) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9957508) |
| **Net decrease in net assets from capital transactions** | &nbsp;&nbsp;**$(8552325)** | &nbsp;&nbsp;**$(7941899)** |
| **Net increase (decrease) in net assets** | &nbsp;&nbsp;**$(9771797)** | &nbsp;&nbsp;**$34089037** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$309995155 | &nbsp;&nbsp;$275906118 |
| **At end of period** | &nbsp;&nbsp;**$300223358** | &nbsp;&nbsp;**$309995155** |

---

<sup>(1)</sup> Includes $2,768,868 of net realized gains from redemptions in-kind.

<sup>(2)</sup> Includes $3,669,751 of net realized gains from redemptions in-kind.

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Tax-Managed Multi-Cap Growth Portfolio

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| <br>Ratios/Supplemental Data | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72%<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70% |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.16)%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.21)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28)% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4%<sup>(4)</sup> | &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;&nbsp;&nbsp;8% | &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;0%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(0.27)%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15.16%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**34.79%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19.30%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(27.00)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**35.12%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$300223** | &nbsp;&nbsp;**$309995** | &nbsp;&nbsp;**$275906** | &nbsp;&nbsp;**$207827** | &nbsp;&nbsp;**$178974** | &nbsp;&nbsp;**$262354** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

<sup>(4)</sup> Not annualized.

<sup>(5)</sup> Amount is less than 0.5%.

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Tax-Managed Multi-Cap Growth Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Tax-Managed Multi-Cap Growth Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a non-diversified, open-end management investment company. The Portfolio's investment objective is to achieve long-term, after-tax returns by investing in a portfolio of equity securities. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Tax-Managed Multi-Cap Growth Fund and Eaton Vance Tax-Managed Equity Asset Allocation Fund held an interest of 52.5% and 47.5%, respectively, in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.**

**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 Portfolio'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 Portfolio'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 Portfolio 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 Portfolio is informed of the ex-dividend date. Withholding taxes on foreign dividends and capital gains have been provided for in accordance with the Portfolio's understanding of the applicable countries' tax rules and rates.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

As of April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Tax-Managed Multi-Cap Growth Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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.

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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

H Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Investment Adviser Fee and Other Transactions with Affiliates

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

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;0.650% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.625% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.600% |
| $2.5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.600% |

---

For the six months ended April 30, 2026, the investment adviser fee amounted to $942,671 or 0.65% (annualized) of the Portfolio's average daily net assets. The Portfolio 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 fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $3,679 relating to the Portfolio's investment in the Liquidity Fund.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and in-kind transactions, aggregated $10,821,411 and $20,200,473, respectively, for the six months ended April 30, 2026. In-kind sales for the six months ended April 30, 2026 aggregated $3,005,957.

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Tax-Managed Multi-Cap Growth Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments of the Portfolio at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$92988038** |
| Gross unrealized appreciation | &nbsp;&nbsp;$208782230 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2448367) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$206333863** |

---

5 Line of Credit

The Portfolio participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Portfolio solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Portfolio based on its borrowings generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Portfolio, it may be unable to borrow some or all of its requested amounts at any particular time. The Portfolio did not have any significant borrowings or allocated fees during the six months ended April 30, 2026.

6 Securities Lending Agreement

The Portfolio has established a securities lending agreement with State Street Bank and Trust Company (SSBT) as securities lending agent in which the Portfolio 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 Portfolio 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 Portfolio 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 Portfolio earns a negotiated lending fee from the borrower. A portion of the income earned by the Portfolio 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 Portfolio 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 Portfolio and cannot be sold or re-pledged by the Portfolio; accordingly, such collateral is not reflected in the Statement of Assets and Liabilities.

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

At April 30, 2026, the value of the securities loaned and the value of the collateral received amounted to $1,256,330 and $1,293,690, 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 Portfolio and borrower has the option to terminate a loan at any time.

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

Tax-Managed Multi-Cap Growth Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

7 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $3,332,596, which represents 1.1% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $819535 | $12137388 | $(9624327) | $— | $— | $3332596 | $94954 | 3332596 |

---

8 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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Common Stocks | &nbsp;&nbsp;$295,989,305\* | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$295989305 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 3332596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3332596 |
| **Total Investments** | &nbsp;&nbsp;**$299321901** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$299321901** |

---

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

------

[**Table of Contents**](#JOB_EV_AR_403c4525-6f86-4daa-aa53-bbddf87f4804_TOC)

EACPX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Tax-Managed Small-Cap Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img8b0bf1831.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Tax-Managed Small-Cap Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_181c508a-a389-4da6-a2a7-cbb9c7db2889_1)** |  |
| [Item 7 of Form N-CSR:](#xx_a4c78234-b095-4cc0-ad33-f02ff96700b7_1) | [Item 7 of Form N-CSR:](#xx_a4c78234-b095-4cc0-ad33-f02ff96700b7_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_a4c78234-b095-4cc0-ad33-f02ff96700b7_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_a4c78234-b095-4cc0-ad33-f02ff96700b7_2) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_a4c78234-b095-4cc0-ad33-f02ff96700b7_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_118c7a22-b750-47ac-b3da-4262d0e0ee36_1) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_bebc6278-821e-4b3c-9061-a11eefb2c68f_1) | 7 |
| [Tax-Managed Small-Cap Portfolio](#xx_d0b22ff7-6521-4b8f-93a3-c35f0b0d717f_1) | [Tax-Managed Small-Cap Portfolio](#xx_d0b22ff7-6521-4b8f-93a3-c35f0b0d717f_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_d0b22ff7-6521-4b8f-93a3-c35f0b0d717f_1) | [Items 6 and 7 of Form N-CSR:](#xx_d0b22ff7-6521-4b8f-93a3-c35f0b0d717f_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_d0b22ff7-6521-4b8f-93a3-c35f0b0d717f_1) | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_3d61d46e-87f4-45a7-a67d-5461bcd28da0_1) | 13 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Eaton Vance

Tax-Managed Small-Cap Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in Tax-Managed Small-Cap Portfolio, at value (identified cost $93,699,290) | &nbsp;&nbsp;$110549607 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26687 |
| **Total assets** | &nbsp;&nbsp;**$110576294** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$25697 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16572 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13098 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 |
| Payable for custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7072 |
| Payable for transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17754 |
| Payable for legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16961 |
| Payable for printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6149 |
| Payable for registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5771 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4325 |
| **Total liabilities** | &nbsp;&nbsp;**$113441** |
| **Net Assets** | &nbsp;&nbsp;**$110462853** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$90837931 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19624922 |
| **Net Assets** | &nbsp;&nbsp;**$110462853** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$75644886 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2612589 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$28.95 |
| **Maximum Offering Price Per Share<br> (100 ÷ 94.75 of net asset value per share)** | &nbsp;&nbsp;$30.55 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$1578718 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78143 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$20.20 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$33239249 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1101601 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$30.17 |

---

---

| | |
|:---|:---|
| 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. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Eaton Vance

Tax-Managed Small-Cap Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio | &nbsp;&nbsp;$872982 |
| Expenses allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(398954) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1166 |
| **Total investment income from Portfolio** | &nbsp;&nbsp;**$475194** |
| Expenses |  |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$94912 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8524 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10556 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65478 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24139 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8388 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28207 |
| ReFlow liquidity program fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5716 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6388 |
| **Total expenses** | &nbsp;&nbsp;**$252559** |
| **Net investment income** | &nbsp;&nbsp;**$222635** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$2117928 |
| **Net realized gain** | &nbsp;&nbsp;**$2117928** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$2274964 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$2274964** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$4392892** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$4615527** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Eaton Vance

Tax-Managed Small-Cap Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$222635 | &nbsp;&nbsp;$313037 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2117928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12560161 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2274964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18154941) |
| **Net increase (decrease) in net assets from operations** | &nbsp;&nbsp;**$4615527** | &nbsp;&nbsp;**$(5281743)** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(5060901) | &nbsp;&nbsp;$(2987951) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(166177) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(100386) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2424490) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1205292) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(7651568)** | &nbsp;&nbsp;**$(4293629)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(1305097) | &nbsp;&nbsp;$(8700822) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(277634) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(290005) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1788295) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2697473 |
| **Net decrease in net assets from Fund share transactions** | &nbsp;&nbsp;**$(3371026)** | &nbsp;&nbsp;**$(6293354)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(6407067)** | &nbsp;&nbsp;**$(15868726)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$116869920 | &nbsp;&nbsp;$132738646 |
| **At end of period** | &nbsp;&nbsp;**$110462853** | &nbsp;&nbsp;**$116869920** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Eaton Vance

Tax-Managed Small-Cap Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$29.73 | &nbsp;&nbsp;$32.02 | &nbsp;&nbsp;$25.10 | &nbsp;&nbsp;$27.94 | &nbsp;&nbsp;$34.81 | &nbsp;&nbsp;$24.52 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income (loss)<sup>(1)</sup> | &nbsp;&nbsp;$0.05 | &nbsp;&nbsp;$0.06 | &nbsp;&nbsp;$0.05 | &nbsp;&nbsp;$0.06 | &nbsp;&nbsp;$(0.01) | &nbsp;&nbsp;$(0.05) |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.32) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.12) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.37 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$1.18** | &nbsp;&nbsp;**$(1.26)** | &nbsp;&nbsp;**$7.32** | &nbsp;&nbsp;**$(2.09)** | &nbsp;&nbsp;**$(4.13)** | &nbsp;&nbsp;**$10.32** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.04) | &nbsp;&nbsp;$(0.05) | &nbsp;&nbsp;$(0.03) | &nbsp;&nbsp;$(0.04) | &nbsp;&nbsp;$(0.03) | &nbsp;&nbsp;$(0.03) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.92) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.98) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.71) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.71) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(1.96)** | &nbsp;&nbsp;**$(1.03)** | &nbsp;&nbsp;**$(0.40)** | &nbsp;&nbsp;**$(0.75)** | &nbsp;&nbsp;**$(2.74)** | &nbsp;&nbsp;**$(0.03)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$28.95** | &nbsp;&nbsp;**$29.73** | &nbsp;&nbsp;**$32.02** | &nbsp;&nbsp;**$25.10** | &nbsp;&nbsp;**$27.94** | &nbsp;&nbsp;**$34.81** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.08%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.27)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29.31%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.62)%** | &nbsp;&nbsp;&nbsp;&nbsp;**(12.82)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**42.10%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$75645 | &nbsp;&nbsp;$78947 | &nbsp;&nbsp;$94109 | &nbsp;&nbsp;$76963 | &nbsp;&nbsp;$88303 | &nbsp;&nbsp;$107257 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11% |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.05)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.16)% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Eaton Vance

Tax-Managed Small-Cap Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$21.36 | &nbsp;&nbsp;$23.40 | &nbsp;&nbsp;$18.55 | &nbsp;&nbsp;$20.96 | &nbsp;&nbsp;$26.78 | &nbsp;&nbsp;$18.99 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment loss<sup>(1)</sup> | &nbsp;&nbsp;$(0.04) | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.11) | &nbsp;&nbsp;$(0.18) | &nbsp;&nbsp;$(0.22) |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80 | &nbsp;&nbsp;&nbsp;&nbsp;(0.93) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.35 | &nbsp;&nbsp;&nbsp;&nbsp;(1.59) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.01 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.76** | &nbsp;&nbsp;**$(1.06)** | &nbsp;&nbsp;**$5.22** | &nbsp;&nbsp;**$(1.70)** | &nbsp;&nbsp;**$(3.28)** | &nbsp;&nbsp;**$7.79** |
| Less Distributions |  |  |  |  |  |  |
| From net realized gain | &nbsp;&nbsp;$(1.92) | &nbsp;&nbsp;$(0.98) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.71) | &nbsp;&nbsp;$(2.54) | &nbsp;&nbsp;$— |
| **Total distributions** | &nbsp;&nbsp;**$(1.92)** | &nbsp;&nbsp;**$(0.98)** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$(0.71)** | &nbsp;&nbsp;**$(2.54)** | &nbsp;&nbsp;**$—** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$20.20** | &nbsp;&nbsp;**$21.36** | &nbsp;&nbsp;**$23.40** | &nbsp;&nbsp;**$18.55** | &nbsp;&nbsp;**$20.96** | &nbsp;&nbsp;**$26.78** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.69%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**(4.98)%** | &nbsp;&nbsp;&nbsp;&nbsp;**28.30%** | &nbsp;&nbsp;&nbsp;&nbsp;**(8.31)%** | &nbsp;&nbsp;&nbsp;&nbsp;**(13.43)%** | &nbsp;&nbsp;&nbsp;&nbsp;**41.02%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$1579 | &nbsp;&nbsp;$1955 | &nbsp;&nbsp;$2436 | &nbsp;&nbsp;$2073 | &nbsp;&nbsp;$2574 | &nbsp;&nbsp;$3236 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.97%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.97%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.89%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.88%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.89%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.86% |
| &nbsp;&nbsp;&nbsp;Net investment loss | &nbsp;&nbsp;&nbsp;&nbsp;(0.42)%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(0.56)% | &nbsp;&nbsp;&nbsp;&nbsp;(0.59)% | &nbsp;&nbsp;&nbsp;&nbsp;(0.55)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.79)% | &nbsp;&nbsp;&nbsp;&nbsp;(0.87)% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Eaton Vance

Tax-Managed Small-Cap Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$30.95 | &nbsp;&nbsp;$33.29 | &nbsp;&nbsp;$26.08 | &nbsp;&nbsp;$29.01 | &nbsp;&nbsp;$36.02 | &nbsp;&nbsp;$25.37 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.09 | &nbsp;&nbsp;$0.14 | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$0.13 | &nbsp;&nbsp;$0.06 | &nbsp;&nbsp;$0.03 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.23) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.71 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$1.27** | &nbsp;&nbsp;**$(1.23)** | &nbsp;&nbsp;**$7.68** | &nbsp;&nbsp;**$(2.10)** | &nbsp;&nbsp;**$(4.19)** | &nbsp;&nbsp;**$10.74** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.10) | &nbsp;&nbsp;$(0.12) | &nbsp;&nbsp;$(0.11) | &nbsp;&nbsp;$(0.09) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.92) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.98) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.37) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.71) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.71) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(2.05)** | &nbsp;&nbsp;**$(1.11)** | &nbsp;&nbsp;**$(0.47)** | &nbsp;&nbsp;**$(0.83)** | &nbsp;&nbsp;**$(2.82)** | &nbsp;&nbsp;**$(0.09)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$30.17** | &nbsp;&nbsp;**$30.95** | &nbsp;&nbsp;**$33.29** | &nbsp;&nbsp;**$26.08** | &nbsp;&nbsp;**$29.01** | &nbsp;&nbsp;**$36.02** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.20%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.04)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29.63%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.40)%** | &nbsp;&nbsp;&nbsp;&nbsp;**(12.56)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**42.46%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$33239 | &nbsp;&nbsp;$35968 | &nbsp;&nbsp;$36194 | &nbsp;&nbsp;$26951 | &nbsp;&nbsp;$27419 | &nbsp;&nbsp;$30248 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.58%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.44% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.08% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Eaton Vance

Tax-Managed Small-Cap Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Tax-Managed Small-Cap 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 offers three classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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 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. Each class of shares differs in its distribution plan and certain other class-specific expenses. The Fund invests its assets in interests in Tax-Managed Small-Cap Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objective and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (60.4% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The financial statements of the Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Eaton Vance

Tax-Managed Small-Cap Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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.

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 that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser and receive an advisory fee as follows and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;0.6250% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5625% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5000% |
| $1.5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.4375% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. To the extent that the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR) to render investment advisory services. See Note 2 of the Portfolio's Notes to Financial Statements which are included elsewhere in this report. EVM also serves as the administrator of the Fund, but receives no compensation.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $20,513 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 $623 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. The Fund was informed that Morgan Stanley affiliated broker-dealers, which may be deemed to be affiliates of EVM, BMR and EVD, also received a portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026 in the amount of $160. EVD also 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 or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

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 six months ended April 30, 2026 amounted to $94,912 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $6,393 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 six months ended April 30, 2026 amounted to $2,131 for Class C shares.

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

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Eaton Vance

Tax-Managed Small-Cap Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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). 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 six months ended April 30, 2026, 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 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $261,206 and $11,557,370, respectively.

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. Sales and redemptions of Class I shares include shares purchased and redeemed in connection with the ReFlow liquidity program, a program designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Transactions in Fund shares, including direct exchanges pursuant to share class conversions, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 27204 | &nbsp;&nbsp;&nbsp;&nbsp;$779640 | &nbsp;&nbsp;&nbsp;&nbsp; 46154 | &nbsp;&nbsp;&nbsp;&nbsp;$1472368 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp;166765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4749456 | &nbsp;&nbsp;&nbsp;&nbsp; 85048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2815583 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(236568) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6834193) | &nbsp;&nbsp;&nbsp;&nbsp;(414836) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12988773) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(42599)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1305097)** | &nbsp;&nbsp;&nbsp;&nbsp;**(283634)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(8700822)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 6464 | &nbsp;&nbsp;&nbsp;&nbsp;$132144 | &nbsp;&nbsp;&nbsp;&nbsp; 8939 | &nbsp;&nbsp;&nbsp;&nbsp;$204227 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 8338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 166177 | &nbsp;&nbsp;&nbsp;&nbsp; 4188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100386 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28202) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (575955) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(25655) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (594618) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(13400)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(277634)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(12528)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(290005)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;235884 | &nbsp;&nbsp;&nbsp;&nbsp;$7055372 | &nbsp;&nbsp;&nbsp;&nbsp;631968 | &nbsp;&nbsp;&nbsp;&nbsp;$20574970 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 80717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2393273 | &nbsp;&nbsp;&nbsp;&nbsp; 34239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1177440 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(377142) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11236940) | &nbsp;&nbsp;&nbsp;&nbsp;(591361) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19054937) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(60541)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1788295)** | &nbsp;&nbsp;&nbsp;&nbsp; **74846** | &nbsp;&nbsp;&nbsp;&nbsp;**$2697473** |

---

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Tax-Managed Small-Cap Portfolio

April 30, 2026

Portfolio of Investments (Unaudited)

------

Common Stocks — 96.9%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Aerospace & Defense — 1.4% | Aerospace & Defense — 1.4% | Aerospace & Defense — 1.4% |
| Hexcel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;27572 | &nbsp;&nbsp;$2588184 |
|  |  | &nbsp;&nbsp;**$2588184** |
| Automobile Components — 2.8% | Automobile Components — 2.8% | Automobile Components — 2.8% |
| Dorman Products, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;45060 | &nbsp;&nbsp;$5069701 |
|  |  | &nbsp;&nbsp;**$5069701** |
| Banks — 12.6% | Banks — 12.6% | Banks — 12.6% |
| Commerce Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;72819 | &nbsp;&nbsp;$3788773 |
| Community Financial System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;85197 | &nbsp;&nbsp;&nbsp;&nbsp; 5398082 |
| Cullen/Frost Bankers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;13871 | &nbsp;&nbsp;&nbsp;&nbsp; 2010324 |
| First Financial Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;59081 | &nbsp;&nbsp;&nbsp;&nbsp; 1906544 |
| Old National Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;171800 | &nbsp;&nbsp;&nbsp;&nbsp; 4118046 |
| Southstate Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;51696 | &nbsp;&nbsp;&nbsp;&nbsp; 5049148 |
| Stock Yards Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10134 | &nbsp;&nbsp;&nbsp;&nbsp; 732992 |
|  |  | &nbsp;&nbsp;**$23003909** |
| Building Products — 10.2% | Building Products — 10.2% | Building Products — 10.2% |
| A.O. Smith Corp. | &nbsp;&nbsp;&nbsp;&nbsp;36266 | &nbsp;&nbsp;$2242689 |
| Advanced Drainage Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;18872 | &nbsp;&nbsp;&nbsp;&nbsp; 2816646 |
| AZZ, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;28494 | &nbsp;&nbsp;&nbsp;&nbsp; 4075782 |
| CSW Industrials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22054 | &nbsp;&nbsp;&nbsp;&nbsp; 6422125 |
| Hayward Holdings, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;210605 | &nbsp;&nbsp;&nbsp;&nbsp; 3161181 |
|  |  | &nbsp;&nbsp;**$18718423** |
| Capital Markets — 1.9% | Capital Markets — 1.9% | Capital Markets — 1.9% |
| Stifel Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;44089 | &nbsp;&nbsp;$3474654 |
|  |  | &nbsp;&nbsp;**$3474654** |
| Chemicals — 3.8% | Chemicals — 3.8% | Chemicals — 3.8% |
| Balchem Corp. | &nbsp;&nbsp;&nbsp;&nbsp;19834 | &nbsp;&nbsp;$3205571 |
| Quaker Chemical Corp. | &nbsp;&nbsp;&nbsp;&nbsp;27336 | &nbsp;&nbsp;&nbsp;&nbsp; 3714689 |
|  |  | &nbsp;&nbsp;**$6920260** |
| Construction Materials — 1.0% | Construction Materials — 1.0% | Construction Materials — 1.0% |
| Knife River Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;20881 | &nbsp;&nbsp;$1932537 |
|  |  | &nbsp;&nbsp;**$1932537** |
| Consumer Staples Distribution & Retail — 1.0% | Consumer Staples Distribution & Retail — 1.0% | Consumer Staples Distribution & Retail — 1.0% |
| Chefs' Warehouse, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;23540 | &nbsp;&nbsp;$1826704 |
|  |  | &nbsp;&nbsp;**$1826704** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Containers & Packaging — 1.0% | Containers & Packaging — 1.0% | Containers & Packaging — 1.0% |
| AptarGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;14521 | &nbsp;&nbsp;$1795957 |
|  |  | &nbsp;&nbsp;**$1795957** |
| Distributors — 0.9% | Distributors — 0.9% | Distributors — 0.9% |
| Pool Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8170 | &nbsp;&nbsp;$1742824 |
|  |  | &nbsp;&nbsp;**$1742824** |
| Diversified Consumer Services — 1.2% | Diversified Consumer Services — 1.2% | Diversified Consumer Services — 1.2% |
| Bright Horizons Family Solutions, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;26830 | &nbsp;&nbsp;$2176181 |
|  |  | &nbsp;&nbsp;**$2176181** |
| Diversified REITs — 2.6% | Diversified REITs — 2.6% | Diversified REITs — 2.6% |
| Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;149344 | &nbsp;&nbsp;$4693882 |
|  |  | &nbsp;&nbsp;**$4693882** |
| Electric Utilities — 2.5% | Electric Utilities — 2.5% | Electric Utilities — 2.5% |
| IDACORP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31453 | &nbsp;&nbsp;$4646866 |
|  |  | &nbsp;&nbsp;**$4646866** |
| Electronic Equipment, Instruments & Components — 1.7% | Electronic Equipment, Instruments & Components — 1.7% | Electronic Equipment, Instruments & Components — 1.7% |
| Badger Meter, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;10673 | &nbsp;&nbsp;$1290472 |
| Ralliant Corp. | &nbsp;&nbsp;&nbsp;&nbsp;39541 | &nbsp;&nbsp;&nbsp;&nbsp; 1796743 |
|  |  | &nbsp;&nbsp;**$3087215** |
| Financial Services — 0.5% | Financial Services — 0.5% | Financial Services — 0.5% |
| Flywire Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;69351 | &nbsp;&nbsp;$936932 |
|  |  | &nbsp;&nbsp;**$936932** |
| Food Products — 1.9% | Food Products — 1.9% | Food Products — 1.9% |
| Post Holdings, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;32627 | &nbsp;&nbsp;$3417678 |
|  |  | &nbsp;&nbsp;**$3417678** |
| Ground Transportation — 0.7% | Ground Transportation — 0.7% | Ground Transportation — 0.7% |
| Lyft, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;87154 | &nbsp;&nbsp;$1233229 |
|  |  | &nbsp;&nbsp;**$1233229** |
| Health Care Providers & Services — 3.5% | Health Care Providers & Services — 3.5% | Health Care Providers & Services — 3.5% |
| Addus HomeCare Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;17944 | &nbsp;&nbsp;$1738594 |
| Option Care Health, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;65101 | &nbsp;&nbsp;&nbsp;&nbsp; 1323503 |
| U.S. Physical Therapy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;45954 | &nbsp;&nbsp;&nbsp;&nbsp; 3272844 |
|  |  | &nbsp;&nbsp;**$6334941** |
| Health Care Technology — 0.4% | Health Care Technology — 0.4% | Health Care Technology — 0.4% |
| HeartFlow, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;26714 | &nbsp;&nbsp;$795009 |
|  |  | &nbsp;&nbsp;**$795009** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Tax-Managed Small-Cap Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Hotels, Restaurants & Leisure — 5.1% | Hotels, Restaurants & Leisure — 5.1% | Hotels, Restaurants & Leisure — 5.1% |
| Aramark | &nbsp;&nbsp;&nbsp;&nbsp;103050 | &nbsp;&nbsp;$4708354 |
| Texas Roadhouse, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5749 | &nbsp;&nbsp;&nbsp;&nbsp; 925532 |
| Wyndham Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;46685 | &nbsp;&nbsp;&nbsp;&nbsp; 3799225 |
|  |  | &nbsp;&nbsp;**$9433111** |
| Household Durables — 1.1% | Household Durables — 1.1% | Household Durables — 1.1% |
| Meritage Homes Corp. | &nbsp;&nbsp;&nbsp;&nbsp;13774 | &nbsp;&nbsp;$927541 |
| Taylor Morrison Home Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;18572 | &nbsp;&nbsp;&nbsp;&nbsp; 1128063 |
|  |  | &nbsp;&nbsp;**$2055604** |
| Household Products — 0.5% | Household Products — 0.5% | Household Products — 0.5% |
| WD-40 Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4348 | &nbsp;&nbsp;$912906 |
|  |  | &nbsp;&nbsp;**$912906** |
| Industrial REITs — 4.3% | Industrial REITs — 4.3% | Industrial REITs — 4.3% |
| EastGroup Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;16750 | &nbsp;&nbsp;$3370100 |
| Rexford Industrial Realty, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;47500 | &nbsp;&nbsp;&nbsp;&nbsp; 1704775 |
| Terreno Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;43280 | &nbsp;&nbsp;&nbsp;&nbsp; 2821856 |
|  |  | &nbsp;&nbsp;**$7896731** |
| Insurance — 4.7% | Insurance — 4.7% | Insurance — 4.7% |
| First American Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;43610 | &nbsp;&nbsp;$3058369 |
| Hamilton Insurance Group Ltd., Class B | &nbsp;&nbsp;&nbsp;&nbsp;102669 | &nbsp;&nbsp;&nbsp;&nbsp; 3364463 |
| White Mountains Insurance Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;953 | &nbsp;&nbsp;&nbsp;&nbsp; 2127087 |
|  |  | &nbsp;&nbsp;**$8549919** |
| Life Sciences Tools & Services — 1.0% | Life Sciences Tools & Services — 1.0% | Life Sciences Tools & Services — 1.0% |
| Bio-Techne Corp. | &nbsp;&nbsp;&nbsp;&nbsp;32588 | &nbsp;&nbsp;$1802768 |
|  |  | &nbsp;&nbsp;**$1802768** |
| Machinery — 10.1% | Machinery — 10.1% | Machinery — 10.1% |
| Alliance Laundry Holdings, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;73349 | &nbsp;&nbsp;$1860864 |
| Atmus Filtration Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40295 | &nbsp;&nbsp;&nbsp;&nbsp; 2554703 |
| Donaldson Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;52307 | &nbsp;&nbsp;&nbsp;&nbsp; 4611908 |
| ESCO Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;12952 | &nbsp;&nbsp;&nbsp;&nbsp; 4195801 |
| Franklin Electric Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;52784 | &nbsp;&nbsp;&nbsp;&nbsp; 5288429 |
|  |  | &nbsp;&nbsp;**$18511705** |
| Oil, Gas & Consumable Fuels — 1.3% | Oil, Gas & Consumable Fuels — 1.3% | Oil, Gas & Consumable Fuels — 1.3% |
| California Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp;33857 | &nbsp;&nbsp;$2311079 |
|  |  | &nbsp;&nbsp;**$2311079** |
| Semiconductors & Semiconductor Equipment — 5.7% | Semiconductors & Semiconductor Equipment — 5.7% | Semiconductors & Semiconductor Equipment — 5.7% |
| Allegro MicroSystems, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;73682 | &nbsp;&nbsp;$3573577 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Semiconductors & Semiconductor Equipment (continued) | Semiconductors & Semiconductor Equipment (continued) | Semiconductors & Semiconductor Equipment (continued) |
| Diodes, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;50056 | &nbsp;&nbsp;$5363501 |
| Rambus, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;13837 | &nbsp;&nbsp;&nbsp;&nbsp; 1592777 |
|  |  | &nbsp;&nbsp;**$10529855** |
| Software — 4.6% | Software — 4.6% | Software — 4.6% |
| Alkami Technology, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;52741 | &nbsp;&nbsp;$832253 |
| Appfolio, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4862 | &nbsp;&nbsp;&nbsp;&nbsp; 812392 |
| Bentley Systems, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp;51335 | &nbsp;&nbsp;&nbsp;&nbsp; 1674548 |
| CCC Intelligent Solutions Holdings, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;394501 | &nbsp;&nbsp;&nbsp;&nbsp; 2067185 |
| Descartes Systems Group, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;32016 | &nbsp;&nbsp;&nbsp;&nbsp; 2308674 |
| Manhattan Associates, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5724 | &nbsp;&nbsp;&nbsp;&nbsp; 789282 |
|  |  | &nbsp;&nbsp;**$8484334** |
| Specialty Retail — 2.5% | Specialty Retail — 2.5% | Specialty Retail — 2.5% |
| Valvoline, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;138996 | &nbsp;&nbsp;$4618837 |
|  |  | &nbsp;&nbsp;**$4618837** |
| Textiles, Apparel & Luxury Goods — 1.2% | Textiles, Apparel & Luxury Goods — 1.2% | Textiles, Apparel & Luxury Goods — 1.2% |
| Steven Madden Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;58821 | &nbsp;&nbsp;$2209317 |
|  |  | &nbsp;&nbsp;**$2209317** |
| Trading Companies & Distributors — 3.2% | Trading Companies & Distributors — 3.2% | Trading Companies & Distributors — 3.2% |
| Core & Main, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;67599 | &nbsp;&nbsp;$3404962 |
| EquipmentShare.com, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;114919 | &nbsp;&nbsp;&nbsp;&nbsp; 2412724 |
|  |  | &nbsp;&nbsp;**$5817686** |
| Total Common Stocks<br> (identified cost $147,778,770) |  | &nbsp;&nbsp;**$177528938** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 3.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(2)</sup> | 5609023 | &nbsp;&nbsp;$5609023 |
| Total Short-Term Investments<br> (identified cost $5,609,023) |  | &nbsp;&nbsp;**$5609023** |
| Total Investments — 100.0%<br> (identified cost $153,387,793) |  | &nbsp;&nbsp;**$183137961** |
| Other Assets, Less Liabilities — (0.0)%<sup>†</sup> |  | &nbsp;&nbsp;**$(1476)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$183136485** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*11*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Tax-Managed Small-Cap Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Non-income producing security. |
| <sup>(2)</sup> | May be deemed to be an affiliated investment company (see Note 6). The rate shown is the annualized seven-day yield as of April 30, 2026. |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| REITs | – Real Estate Investment Trusts |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Tax-Managed Small-Cap Portfolio

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $147,778,770) | &nbsp;&nbsp;$177528938 |
| Affiliated investments, at value (identified cost $5,609,023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5609023 |
| Dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25371 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9593 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110096 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67589 |
| **Total assets** | &nbsp;&nbsp;**$183350610** |
| Liabilities |  |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment adviser fee | &nbsp;&nbsp;$92286 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1091 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67589 |
| Payable for custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18479 |
| Payable for legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25647 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9033 |
| **Total liabilities** | &nbsp;&nbsp;**$214125** |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$183136485** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Tax-Managed Small-Cap Portfolio

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income | &nbsp;&nbsp;$1368957 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48500 |
| **Total investment income** | &nbsp;&nbsp;**$1417457** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$573391 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5300 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27667 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31276 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11070 |
| **Total expenses** | &nbsp;&nbsp;**$648704** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$1896 |
| **Total expense reductions** | &nbsp;&nbsp;**$1896** |
| **Net expenses** | &nbsp;&nbsp;**$646808** |
| **Net investment income** | &nbsp;&nbsp;**$770649** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$3466003<sup>(1)</sup> |
| **Net realized gain** | &nbsp;&nbsp;**$3466003** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$3672271 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$3672271** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$7138274** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$7908923** |

---

<sup>(1)</sup> Includes $2,017,733 of net realized gains from redemptions in-kind.

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Tax-Managed Small-Cap Portfolio

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$770649 | &nbsp;&nbsp;$1267002 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3466003<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19604193<sup>(2)</sup> |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3672271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28399382) |
| **Net increase (decrease) in net assets from operations** | &nbsp;&nbsp;**$7908923** | &nbsp;&nbsp;**$(7528187)** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$261206 | &nbsp;&nbsp;$3620987 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11557370) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14692887) |
| **Net decrease in net assets from capital transactions** | &nbsp;&nbsp;**$(11296164)** | &nbsp;&nbsp;**$(11071900)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(3387241)** | &nbsp;&nbsp;**$(18600087)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$186523726 | &nbsp;&nbsp;$205123813 |
| **At end of period** | &nbsp;&nbsp;**$183136485** | &nbsp;&nbsp;**$186523726** |

---

<sup>(1)</sup> Includes $2,017,733 of net realized gains from redemptions in-kind.

<sup>(2)</sup> Includes $5,496,504 of net realized gains from redemptions in-kind.

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Tax-Managed Small-Cap Portfolio

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| <br>Ratios/Supplemental Data | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.69%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.69%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.84%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.62% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.41% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.27% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.32%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.91)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29.88%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.19)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(12.42)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**42.69%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$183136** | &nbsp;&nbsp;**$186524** | &nbsp;&nbsp;**$205124** | &nbsp;&nbsp;**$161770** | &nbsp;&nbsp;**$179629** | &nbsp;&nbsp;**$215268** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

<sup>(4)</sup> Not annualized.

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Tax-Managed Small-Cap Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Tax-Managed Small-Cap Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified, open-end management investment company. The Portfolio's investment objective is to achieve long-term, after-tax returns by investing primarily in a diversified portfolio of publicly-traded equity securities of small-cap companies. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Tax-Managed Small-Cap Fund and Eaton Vance Tax-Managed Equity Asset Allocation Fund held an interest of 60.4% and 39.6%, respectively, in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.**

**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 Portfolio'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 Portfolio 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.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

As of April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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.

F Indemnifications—Under the Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Tax-Managed Small-Cap Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

G Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

H Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Investment Adviser Fee and Other Transactions with Affiliates

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

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;0.6250% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5625% |
| $1 billion but less than $1.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5000% |
| $1.5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.4375% |

---

For the six months ended April 30, 2026, the investment adviser fee amounted to $573,391 or 0.625% (annualized) of the Portfolio's average daily net assets. The Portfolio 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 fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $1,896 relating to the Portfolio's investment in the Liquidity Fund.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and in-kind transactions, aggregated $50,357,026 and $56,542,810, respectively, for the six months ended April 30, 2026. In-kind sales for the six months ended April 30, 2026 aggregated $4,184,333.

4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments of the Portfolio at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$153941289** |
| Gross unrealized appreciation | &nbsp;&nbsp;$37279177 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8082505) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$29196672** |

---

------

[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

Tax-Managed Small-Cap Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

5 Line of Credit

The Portfolio participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Portfolio solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Portfolio based on its borrowings generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Portfolio, it may be unable to borrow some or all of its requested amounts at any particular time. The Portfolio did not have any significant borrowings or allocated fees during the six months ended April 30, 2026.

6 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $5,609,023, which represents 3.1% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $5275840 | $26396182 | $(26062999) | $— | $— | $5609023 | $48500 | 5609023 |

---

7 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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Common Stocks | &nbsp;&nbsp;$177,528,938\* | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$177528938 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 5609023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5609023 |
| **Total Investments** | &nbsp;&nbsp;**$183137961** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$183137961** |

---

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

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[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

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[**Table of Contents**](#JOB_EV_AR_77755358-05a7-4f61-926a-c40057c65dcb_TOC)

ETMGX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Tax-Managed Value Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804imgc9c6204f1.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Tax-Managed Value Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_ab7aea43-0f1c-487b-86f4-3d49d53bff9b_1)** |  |
| [Item 7 of Form N-CSR:](#xx_de4fbe85-8808-4062-ba54-340e85a6ddcc_1) | [Item 7 of Form N-CSR:](#xx_de4fbe85-8808-4062-ba54-340e85a6ddcc_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_de4fbe85-8808-4062-ba54-340e85a6ddcc_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_de4fbe85-8808-4062-ba54-340e85a6ddcc_2) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_de4fbe85-8808-4062-ba54-340e85a6ddcc_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_23bcabf9-b9c8-4580-a060-8af05dda279c_1) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_018821c4-cb16-4058-a01f-0cfdbceebb60_1) | 7 |
| [Tax-Managed Value Portfolio](#xx_aa939ef8-b93e-40ea-8bb2-6773aff22efc_1) | [Tax-Managed Value Portfolio](#xx_aa939ef8-b93e-40ea-8bb2-6773aff22efc_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_aa939ef8-b93e-40ea-8bb2-6773aff22efc_1) | [Items 6 and 7 of Form N-CSR:](#xx_aa939ef8-b93e-40ea-8bb2-6773aff22efc_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_aa939ef8-b93e-40ea-8bb2-6773aff22efc_1) | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_bfc171a1-4a4e-409a-9d64-292f16f84efc_1) | 13 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Eaton Vance

Tax-Managed Value Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in Tax-Managed Value Portfolio, at value (identified cost $340,675,780) | &nbsp;&nbsp;$919160100 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159626 |
| **Total assets** | &nbsp;&nbsp;**$919319726** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$400239 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108759 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127159 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22967 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103930 |
| **Total liabilities** | &nbsp;&nbsp;**$763097** |
| **Net Assets** | &nbsp;&nbsp;**$918556629** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$388150900 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;530405729 |
| **Net Assets** | &nbsp;&nbsp;**$918556629** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$540343996 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11242246 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$48.06 |
| **Maximum Offering Price Per Share <br> (100 ÷ 94.75 of net asset value per share)** | &nbsp;&nbsp;$50.72 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$25823930 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563293 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$45.84 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$352388703 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7368863 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$47.82 |

---

---

| | |
|:---|:---|
| 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. |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Eaton Vance

Tax-Managed Value Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio (net of foreign taxes withheld of $42,082) | &nbsp;&nbsp;$6807206 |
| Expenses allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2932982) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1302 |
| **Total investment income from Portfolio** | &nbsp;&nbsp;**$3875526** |
| Expenses |  |
| Administration fee | &nbsp;&nbsp;$642496 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;632163 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121924 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28703 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145658 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57633 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14122 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29014 |
| ReFlow liquidity program fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14021 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7782 |
| **Total expenses** | &nbsp;&nbsp;**$1693767** |
| **Net investment income** | &nbsp;&nbsp;**$2181759** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$17592297 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1459) |
| **Net realized gain** | &nbsp;&nbsp;**$17590838** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$88169239 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7324 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$88176563** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$105767401** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$107949160** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Eaton Vance

Tax-Managed Value Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$2181759 | &nbsp;&nbsp;$6285814 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17590838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57069624 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88176563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5423473 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$107949160** | &nbsp;&nbsp;**$68778911** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(20141966) | &nbsp;&nbsp;$(17393361) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(880750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(727629) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13853060) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12016107) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(34875776)** | &nbsp;&nbsp;**$(30137097)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$1161718 | &nbsp;&nbsp;$(16443698) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(990723) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6327728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9195628) |
| **Net increase (decrease) in net assets from Fund share transactions** | &nbsp;&nbsp;**$7530260** | &nbsp;&nbsp;**$(26630049)** |
| **Net increase in net assets** | &nbsp;&nbsp;**$80603644** | &nbsp;&nbsp;**$12011765** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$837952985 | &nbsp;&nbsp;$825941220 |
| **At end of period** | &nbsp;&nbsp;**$918556629** | &nbsp;&nbsp;**$837952985** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Eaton Vance

Tax-Managed Value Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$44.27 | &nbsp;&nbsp;$42.18 | &nbsp;&nbsp;$33.08 | &nbsp;&nbsp;$34.61 | &nbsp;&nbsp;$39.77 | &nbsp;&nbsp;$28.17 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.10 | &nbsp;&nbsp;$0.29 | &nbsp;&nbsp;$0.30 | &nbsp;&nbsp;$0.33 | &nbsp;&nbsp;$0.42 | &nbsp;&nbsp;$0.29 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.11) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.83) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.73 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$5.60** | &nbsp;&nbsp;**$3.60** | &nbsp;&nbsp;**$10.28** | &nbsp;&nbsp;**$(0.78)** | &nbsp;&nbsp;**$(3.41)** | &nbsp;&nbsp;**$12.02** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$(0.31) | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.39) | &nbsp;&nbsp;$(0.31) | &nbsp;&nbsp;$(0.34) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.56) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.92) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.44) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) |
| **Total distributions** | &nbsp;&nbsp;**$(1.81)** | &nbsp;&nbsp;**$(1.51)** | &nbsp;&nbsp;**$(1.18)** | &nbsp;&nbsp;**$(0.75)** | &nbsp;&nbsp;**$(1.75)** | &nbsp;&nbsp;**$(0.42)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$48.06** | &nbsp;&nbsp;**$44.27** | &nbsp;&nbsp;**$42.18** | &nbsp;&nbsp;**$33.08** | &nbsp;&nbsp;**$34.61** | &nbsp;&nbsp;**$39.77** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.14%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.79%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**31.66%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.32)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8.95)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**43.03%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$540344 | &nbsp;&nbsp;$495808 | &nbsp;&nbsp;$489133 | &nbsp;&nbsp;$399603 | &nbsp;&nbsp;$431902 | &nbsp;&nbsp;$497565 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.43%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.77% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.80% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Eaton Vance

Tax-Managed Value Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$42.21 | &nbsp;&nbsp;$40.30 | &nbsp;&nbsp;$31.65 | &nbsp;&nbsp;$33.14 | &nbsp;&nbsp;$38.17 | &nbsp;&nbsp;$27.02 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income (loss)<sup>(1)</sup> | &nbsp;&nbsp;$(0.07) | &nbsp;&nbsp;$(0.02) | &nbsp;&nbsp;$0.01 | &nbsp;&nbsp;$0.07 | &nbsp;&nbsp;$0.15 | &nbsp;&nbsp;$0.02 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.07) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.68) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.28 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$5.19** | &nbsp;&nbsp;**$3.14** | &nbsp;&nbsp;**$9.57** | &nbsp;&nbsp;**$(1.00)** | &nbsp;&nbsp;**$(3.53)** | &nbsp;&nbsp;**$11.30** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.03) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.06) | &nbsp;&nbsp;$(0.07) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.56) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.92) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.44) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.08) |
| **Total distributions** | &nbsp;&nbsp;**$(1.56)** | &nbsp;&nbsp;**$(1.23)** | &nbsp;&nbsp;**$(0.92)** | &nbsp;&nbsp;**$(0.49)** | &nbsp;&nbsp;**$(1.50)** | &nbsp;&nbsp;**$(0.15)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$45.84** | &nbsp;&nbsp;**$42.21** | &nbsp;&nbsp;**$40.30** | &nbsp;&nbsp;**$31.65** | &nbsp;&nbsp;**$33.14** | &nbsp;&nbsp;**$38.17** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.72%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.97%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30.68%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.05)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(9.61)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**41.94%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$25824 | &nbsp;&nbsp;$23703 | &nbsp;&nbsp;$23670 | &nbsp;&nbsp;$19794 | &nbsp;&nbsp;$24304 | &nbsp;&nbsp;$26389 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.91%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90% |
| &nbsp;&nbsp;&nbsp;Net investment income (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.31)%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.04)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Eaton Vance

Tax-Managed Value Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$44.11 | &nbsp;&nbsp;$42.04 | &nbsp;&nbsp;$32.96 | &nbsp;&nbsp;$34.51 | &nbsp;&nbsp;$39.65 | &nbsp;&nbsp;$28.08 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.15 | &nbsp;&nbsp;$0.40 | &nbsp;&nbsp;$0.40 | &nbsp;&nbsp;$0.41 | &nbsp;&nbsp;$0.51 | &nbsp;&nbsp;$0.37 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.12) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.81) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.69 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$5.63** | &nbsp;&nbsp;**$3.69** | &nbsp;&nbsp;**$10.35** | &nbsp;&nbsp;**$(0.71)** | &nbsp;&nbsp;**$(3.30)** | &nbsp;&nbsp;**$12.06** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.36) | &nbsp;&nbsp;$(0.42) | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(0.40) | &nbsp;&nbsp;$(0.42) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.56) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.92) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.36) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.44) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.07) |
| **Total distributions** | &nbsp;&nbsp;**$(1.92)** | &nbsp;&nbsp;**$(1.62)** | &nbsp;&nbsp;**$(1.27)** | &nbsp;&nbsp;**$(0.84)** | &nbsp;&nbsp;**$(1.84)** | &nbsp;&nbsp;**$(0.49)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$47.82** | &nbsp;&nbsp;**$44.11** | &nbsp;&nbsp;**$42.04** | &nbsp;&nbsp;**$32.96** | &nbsp;&nbsp;**$34.51** | &nbsp;&nbsp;**$39.65** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.28%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.04%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**32.00%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(2.08)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8.70)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**43.41%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$352389 | &nbsp;&nbsp;$318442 | &nbsp;&nbsp;$313138 | &nbsp;&nbsp;$245432 | &nbsp;&nbsp;$262732 | &nbsp;&nbsp;$283334 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.91%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.69%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.05% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Eaton Vance

Tax-Managed Value Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Tax-Managed Value 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 offers three classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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 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. Each class of shares differs in its distribution plan and certain other class-specific expenses. The Fund invests its assets in interests in Tax-Managed Value Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objective and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (78.3% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The financial statements of the Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Eaton Vance

Tax-Managed Value Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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.

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 that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser and receive an advisory fee as follows and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;0.650% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.625% |
| $1 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.600% |
| $2 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.575% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.555% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. To the extent the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR) to render investment advisory services. See Note 2 of the Portfolio's Notes to Financial Statements which are included elsewhere in this report. The administration fee is earned by EVM as compensation for administrative services rendered to the Fund. The fee is computed at an annual rate of 0.15% of the Fund's average daily net assets. For the six months ended April 30, 2026, the administration fee amounted to $642,496.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $35,725 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 $4,592 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also 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 or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

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 six months ended April 30, 2026 amounted to $632,163 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $91,443 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 six months ended April 30, 2026 amounted to $30,481 for Class C shares.

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

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Eaton Vance

Tax-Managed Value Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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). 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 six months ended April 30, 2026, the Fund was informed that EVD received $116 of CDSCs paid by Class C shareholders and no CDSCs paid by Class A shareholders.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $2,545,943 and $31,456,064, respectively.

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. Sales and redemptions of Class I shares include shares purchased and redeemed in connection with the ReFlow liquidity program, a program designed to provide an alternative liquidity source for mutual funds experiencing net redemptions of their shares. Transactions in Fund shares, including direct exchanges pursuant to share class conversions, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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;184067 | &nbsp;&nbsp;&nbsp;&nbsp;$8261736 | &nbsp;&nbsp;&nbsp;&nbsp; 254199 | &nbsp;&nbsp;&nbsp;&nbsp;$10488492 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp;409777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17640920 | &nbsp;&nbsp;&nbsp;&nbsp; 367138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15173796 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(551771) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24740938) | &nbsp;&nbsp;&nbsp;&nbsp;(1016290) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(42105986) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **42073** | &nbsp;&nbsp;&nbsp;&nbsp;**$1161718** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(394953)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(16443698)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 38739 | &nbsp;&nbsp;&nbsp;&nbsp;$1665011 | &nbsp;&nbsp;&nbsp;&nbsp; 91130 | &nbsp;&nbsp;&nbsp;&nbsp;$3622065 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 19629 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 808334 | &nbsp;&nbsp;&nbsp;&nbsp; 17053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 676503 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(56636) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2432531) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (133957) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5289291) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp; **1732** | &nbsp;&nbsp;&nbsp;&nbsp;**$40814** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(25774)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(990723)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;412687 | &nbsp;&nbsp;&nbsp;&nbsp;$18581639 | &nbsp;&nbsp;&nbsp;&nbsp;1532265 | &nbsp;&nbsp;&nbsp;&nbsp;$62420172 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp;293304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12550462 | &nbsp;&nbsp;&nbsp;&nbsp; 264727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10877625 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(556973) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24804373) | &nbsp;&nbsp;&nbsp;&nbsp;(2026459) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(82493425) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;**149018** | &nbsp;&nbsp;&nbsp;&nbsp;**$6327728** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(229467)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(9195628)** |

---

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[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Portfolio of Investments (Unaudited)

------

Common Stocks — 99.7%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Aerospace & Defense — 1.6% | Aerospace & Defense — 1.6% | Aerospace & Defense — 1.6% |
| RTX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;107040 | &nbsp;&nbsp;$18846533 |
|  |  | &nbsp;&nbsp;**$18846533** |
| Banks — 8.1% | Banks — 8.1% | Banks — 8.1% |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;&nbsp;130108 | &nbsp;&nbsp;$40753729 |
| PNC Financial Services Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;142029 | &nbsp;&nbsp;&nbsp;&nbsp; 31672467 |
| Wells Fargo & Co. | &nbsp;&nbsp;&nbsp;&nbsp;270374 | &nbsp;&nbsp;&nbsp;&nbsp; 22232854 |
|  |  | &nbsp;&nbsp;**$94659050** |
| Beverages — 0.7% | Beverages — 0.7% | Beverages — 0.7% |
| Coca-Cola Co. | &nbsp;&nbsp;&nbsp;&nbsp;106209 | &nbsp;&nbsp;$8365021 |
|  |  | &nbsp;&nbsp;**$8365021** |
| Biotechnology — 2.2% | Biotechnology — 2.2% | Biotechnology — 2.2% |
| AbbVie, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;61461 | &nbsp;&nbsp;$12987938 |
| Gilead Sciences, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;75441 | &nbsp;&nbsp;&nbsp;&nbsp; 9870700 |
| Neurocrine Biosciences, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;23462 | &nbsp;&nbsp;&nbsp;&nbsp; 3089242 |
|  |  | &nbsp;&nbsp;**$25947880** |
| Broadline Retail — 4.0% | Broadline Retail — 4.0% | Broadline Retail — 4.0% |
| Amazon.com, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;147373 | &nbsp;&nbsp;$39062688 |
| eBay, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;81234 | &nbsp;&nbsp;&nbsp;&nbsp; 8406094 |
|  |  | &nbsp;&nbsp;**$47468782** |
| Building Products — 0.6% | Building Products — 0.6% | Building Products — 0.6% |
| Carrier Global Corp. | &nbsp;&nbsp;&nbsp;&nbsp;113000 | &nbsp;&nbsp;$7590210 |
|  |  | &nbsp;&nbsp;**$7590210** |
| Capital Markets — 6.5% | Capital Markets — 6.5% | Capital Markets — 6.5% |
| Cboe Global Markets, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22561 | &nbsp;&nbsp;$6770331 |
| Charles Schwab Corp. | &nbsp;&nbsp;&nbsp;&nbsp;241577 | &nbsp;&nbsp;&nbsp;&nbsp; 22138116 |
| Goldman Sachs Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;22892 | &nbsp;&nbsp;&nbsp;&nbsp; 21146943 |
| Interactive Brokers Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;324136 | &nbsp;&nbsp;&nbsp;&nbsp; 25768812 |
|  |  | &nbsp;&nbsp;**$75824202** |
| Chemicals — 1.8% | Chemicals — 1.8% | Chemicals — 1.8% |
| Linde PLC | &nbsp;&nbsp;&nbsp;&nbsp;38610 | &nbsp;&nbsp;$19349015 |
| Solstice Advanced Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;14879 | &nbsp;&nbsp;&nbsp;&nbsp; 1219334 |
|  |  | &nbsp;&nbsp;**$20568349** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Communications Equipment — 1.5% | Communications Equipment — 1.5% | Communications Equipment — 1.5% |
| Cisco Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;191540 | &nbsp;&nbsp;$17525910 |
|  |  | &nbsp;&nbsp;**$17525910** |
| Consumer Staples Distribution & Retail — 1.4% | Consumer Staples Distribution & Retail — 1.4% | Consumer Staples Distribution & Retail — 1.4% |
| U.S. Foods Holding Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;169731 | &nbsp;&nbsp;$15868151 |
|  |  | &nbsp;&nbsp;**$15868151** |
| Containers & Packaging — 2.1% | Containers & Packaging — 2.1% | Containers & Packaging — 2.1% |
| Avery Dennison Corp. | &nbsp;&nbsp;&nbsp;&nbsp;31014 | &nbsp;&nbsp;$5084125 |
| Ball Corp. | &nbsp;&nbsp;&nbsp;&nbsp;320112 | &nbsp;&nbsp;&nbsp;&nbsp; 19552441 |
|  |  | &nbsp;&nbsp;**$24636566** |
| Electric Utilities — 2.8% | Electric Utilities — 2.8% | Electric Utilities — 2.8% |
| NextEra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;297770 | &nbsp;&nbsp;$29145728 |
| NRG Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25452 | &nbsp;&nbsp;&nbsp;&nbsp; 3959822 |
|  |  | &nbsp;&nbsp;**$33105550** |
| Entertainment — 1.3% | Entertainment — 1.3% | Entertainment — 1.3% |
| Walt Disney Co. | &nbsp;&nbsp;&nbsp;&nbsp;147913 | &nbsp;&nbsp;$15345974 |
|  |  | &nbsp;&nbsp;**$15345974** |
| Financial Services — 1.3% | Financial Services — 1.3% | Financial Services — 1.3% |
| Visa, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;44697 | &nbsp;&nbsp;$14742858 |
|  |  | &nbsp;&nbsp;**$14742858** |
| Food Products — 2.1% | Food Products — 2.1% | Food Products — 2.1% |
| Hershey Co. | &nbsp;&nbsp;&nbsp;&nbsp;81929 | &nbsp;&nbsp;$15217492 |
| Nestle SA | &nbsp;&nbsp;&nbsp;&nbsp;90000 | &nbsp;&nbsp;&nbsp;&nbsp; 9111568 |
|  |  | &nbsp;&nbsp;**$24329060** |
| Ground Transportation — 2.1% | Ground Transportation — 2.1% | Ground Transportation — 2.1% |
| CSX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;240932 | &nbsp;&nbsp;$10945541 |
| Union Pacific Corp. | &nbsp;&nbsp;&nbsp;&nbsp;50876 | &nbsp;&nbsp;&nbsp;&nbsp; 13710064 |
|  |  | &nbsp;&nbsp;**$24655605** |
| Health Care Equipment & Supplies — 1.8% | Health Care Equipment & Supplies — 1.8% | Health Care Equipment & Supplies — 1.8% |
| Boston Scientific Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;49770 | &nbsp;&nbsp;$2867250 |
| Stryker Corp. | &nbsp;&nbsp;&nbsp;&nbsp;58093 | &nbsp;&nbsp;&nbsp;&nbsp; 18306847 |
|  |  | &nbsp;&nbsp;**$21174097** |
| Health Care Providers & Services — 1.4% | Health Care Providers & Services — 1.4% | Health Care Providers & Services — 1.4% |
| McKesson Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5281 | &nbsp;&nbsp;$4305071 |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;32799 | &nbsp;&nbsp;&nbsp;&nbsp; 12151374 |
|  |  | &nbsp;&nbsp;**$16456445** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Household Durables — 1.3% | Household Durables — 1.3% | Household Durables — 1.3% |
| DR Horton, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;99360 | &nbsp;&nbsp;$15287530 |
|  |  | &nbsp;&nbsp;**$15287530** |
| Household Products — 0.2% | Household Products — 0.2% | Household Products — 0.2% |
| Kimberly-Clark Corp. | &nbsp;&nbsp;&nbsp;&nbsp;22604 | &nbsp;&nbsp;$2224912 |
|  |  | &nbsp;&nbsp;**$2224912** |
| Industrial Conglomerates — 2.8% | Industrial Conglomerates — 2.8% | Industrial Conglomerates — 2.8% |
| 3M Co. | &nbsp;&nbsp;&nbsp;&nbsp;140271 | &nbsp;&nbsp;$20552507 |
| Honeywell International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;59519 | &nbsp;&nbsp;&nbsp;&nbsp; 12756707 |
|  |  | &nbsp;&nbsp;**$33309214** |
| Insurance — 4.5% | Insurance — 4.5% | Insurance — 4.5% |
| Arch Capital Group Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;183981 | &nbsp;&nbsp;$17378845 |
| MetLife, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;111289 | &nbsp;&nbsp;&nbsp;&nbsp; 8914249 |
| Reinsurance Group of America, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;33595 | &nbsp;&nbsp;&nbsp;&nbsp; 7103999 |
| Travelers Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;64030 | &nbsp;&nbsp;&nbsp;&nbsp; 19538114 |
|  |  | &nbsp;&nbsp;**$52935207** |
| Interactive Media & Services — 5.6% | Interactive Media & Services — 5.6% | Interactive Media & Services — 5.6% |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;135239 | &nbsp;&nbsp;$52039967 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;22621 | &nbsp;&nbsp;&nbsp;&nbsp; 13842016 |
|  |  | &nbsp;&nbsp;**$65881983** |
| Life Sciences Tools & Services — 1.6% | Life Sciences Tools & Services — 1.6% | Life Sciences Tools & Services — 1.6% |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;40011 | &nbsp;&nbsp;$19163669 |
|  |  | &nbsp;&nbsp;**$19163669** |
| Machinery — 7.4% | Machinery — 7.4% | Machinery — 7.4% |
| Ingersoll Rand, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;287559 | &nbsp;&nbsp;$22964462 |
| Otis Worldwide Corp. | &nbsp;&nbsp;&nbsp;&nbsp;56500 | &nbsp;&nbsp;&nbsp;&nbsp; 4400220 |
| Parker-Hannifin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;32648 | &nbsp;&nbsp;&nbsp;&nbsp; 29690744 |
| Westinghouse Air Brake Technologies Corp. | &nbsp;&nbsp;&nbsp;&nbsp;109778 | &nbsp;&nbsp;&nbsp;&nbsp; 29627984 |
|  |  | &nbsp;&nbsp;**$86683410** |
| Metals & Mining — 1.4% | Metals & Mining — 1.4% | Metals & Mining — 1.4% |
| Steel Dynamics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;73397 | &nbsp;&nbsp;$16782958 |
|  |  | &nbsp;&nbsp;**$16782958** |
| Multi-Utilities — 2.7% | Multi-Utilities — 2.7% | Multi-Utilities — 2.7% |
| CMS Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;71743 | &nbsp;&nbsp;$5505558 |
| Sempra | &nbsp;&nbsp;&nbsp;&nbsp;273870 | &nbsp;&nbsp;&nbsp;&nbsp; 26050514 |
|  |  | &nbsp;&nbsp;**$31556072** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Oil, Gas & Consumable Fuels — 8.5% | Oil, Gas & Consumable Fuels — 8.5% | Oil, Gas & Consumable Fuels — 8.5% |
| Chevron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;248950 | &nbsp;&nbsp;$48124524 |
| ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp;103400 | &nbsp;&nbsp;&nbsp;&nbsp; 13005652 |
| EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;51427 | &nbsp;&nbsp;&nbsp;&nbsp; 7229093 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;&nbsp;&nbsp;161414 | &nbsp;&nbsp;&nbsp;&nbsp; 9778460 |
| Phillips 66 | &nbsp;&nbsp;&nbsp;&nbsp;49190 | &nbsp;&nbsp;&nbsp;&nbsp; 8812389 |
| Williams Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;170886 | &nbsp;&nbsp;&nbsp;&nbsp; 13040311 |
|  |  | &nbsp;&nbsp;**$99990429** |
| Pharmaceuticals — 3.3% | Pharmaceuticals — 3.3% | Pharmaceuticals — 3.3% |
| Eli Lilly & Co. | &nbsp;&nbsp;&nbsp;&nbsp;14117 | &nbsp;&nbsp;$13193748 |
| Merck & Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;124185 | &nbsp;&nbsp;&nbsp;&nbsp; 13558519 |
| Zoetis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;101295 | &nbsp;&nbsp;&nbsp;&nbsp; 11645886 |
|  |  | &nbsp;&nbsp;**$38398153** |
| Residential REITs — 0.7% | Residential REITs — 0.7% | Residential REITs — 0.7% |
| AvalonBay Communities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;47915 | &nbsp;&nbsp;$8768445 |
|  |  | &nbsp;&nbsp;**$8768445** |
| Semiconductors & Semiconductor Equipment — 10.8% | Semiconductors & Semiconductor Equipment — 10.8% | Semiconductors & Semiconductor Equipment — 10.8% |
| Intel Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;409795 | &nbsp;&nbsp;$38717431 |
| Microchip Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;166013 | &nbsp;&nbsp;&nbsp;&nbsp; 15424268 |
| Micron Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;120692 | &nbsp;&nbsp;&nbsp;&nbsp; 62417075 |
| QUALCOMM, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;56245 | &nbsp;&nbsp;&nbsp;&nbsp; 10100477 |
|  |  | &nbsp;&nbsp;**$126659251** |
| Software — 1.2% | Software — 1.2% | Software — 1.2% |
| Oracle Corp. | &nbsp;&nbsp;&nbsp;&nbsp;39014 | &nbsp;&nbsp;$6296470 |
| Salesforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;43136 | &nbsp;&nbsp;&nbsp;&nbsp; 7614798 |
|  |  | &nbsp;&nbsp;**$13911268** |
| Specialty Retail — 4.4% | Specialty Retail — 4.4% | Specialty Retail — 4.4% |
| Home Depot, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;81060 | &nbsp;&nbsp;$26652528 |
| Lowe's Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;21079 | &nbsp;&nbsp;&nbsp;&nbsp; 5033455 |
| Ross Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;84913 | &nbsp;&nbsp;&nbsp;&nbsp; 19342331 |
|  |  | &nbsp;&nbsp;**$51028314** |
| Total Common Stocks<br> (identified cost $475,412,401) |  | &nbsp;&nbsp;**$1169691058** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*11*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

Short-Term Investments — 0.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(2)</sup> | 4018539 | &nbsp;&nbsp;$4018539 |
| Total Short-Term Investments<br> (identified cost $4,018,539) |  | &nbsp;&nbsp;**$4018539** |
| Total Investments — 100.0%<br> (identified cost $479,430,940) |  | &nbsp;&nbsp;**$1173709597** |
| Other Assets, Less Liabilities — 0.0%<sup>†</sup> |  | &nbsp;&nbsp;**$73743** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$1173783340** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Non-income producing security. |
| <sup>(2)</sup> | May be deemed to be an affiliated investment company (see Note 7). The rate shown is the annualized seven-day yield as of April 30, 2026. |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| REITs | – Real Estate Investment Trusts |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $475,412,401) | &nbsp;&nbsp;$1169691058 |
| Affiliated investments, at value (identified cost $4,018,539) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4018539 |
| Dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;428593 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7423 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400705 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204683 |
| **Total assets** | &nbsp;&nbsp;**$1174751001** |
| Liabilities |  |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment adviser fee | &nbsp;&nbsp;$586213 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5439 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204683 |
| Payable for custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85683 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85643 |
| **Total liabilities** | &nbsp;&nbsp;**$967661** |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$1173783340** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $53,743) | &nbsp;&nbsp;$8626091 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39954 |
| **Total investment income** | &nbsp;&nbsp;**$8666045** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$3461082 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29847 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;129748 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62756 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52395 |
| **Total expenses** | &nbsp;&nbsp;**$3735828** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$1658 |
| **Total expense reductions** | &nbsp;&nbsp;**$1658** |
| **Net expenses** | &nbsp;&nbsp;**$3734170** |
| **Net investment income** | &nbsp;&nbsp;**$4931875** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$22409393<sup>(1)</sup> |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1864) |
| **Net realized gain** | &nbsp;&nbsp;**$22407529** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$112401085 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9315 |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$112410400** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$134817929** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$139749804** |

---

<sup>(1)</sup> Includes $7,038,970 of net realized gains from redemptions in-kind.

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$4931875 | &nbsp;&nbsp;$11929090 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22407529<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71703249<sup>(2)</sup> |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112410400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7476227 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$139749804** | &nbsp;&nbsp;**$91108566** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$2545943 | &nbsp;&nbsp;$2738003 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31456064) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62889759) |
| **Net decrease in net assets from capital transactions** | &nbsp;&nbsp;**$(28910121)** | &nbsp;&nbsp;**$(60151756)** |
| **Net increase in net assets** | &nbsp;&nbsp;**$110839683** | &nbsp;&nbsp;**$30956810** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$1062943657 | &nbsp;&nbsp;$1031986847 |
| **At end of period** | &nbsp;&nbsp;**$1173783340** | &nbsp;&nbsp;**$1062943657** |

---

<sup>(1)</sup> Includes $7,038,970 of net realized gains from redemptions in-kind.

<sup>(2)</sup> Includes $34,924,426 of net realized gains from redemptions in-kind.

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| <br>Ratios/Supplemental Data | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68%<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.24% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.27% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.41%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.14%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**32.27%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(1.84)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(8.51)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**43.69%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$1173783** | &nbsp;&nbsp;**$1062944** | &nbsp;&nbsp;**$1031987** | &nbsp;&nbsp;**$821759** | &nbsp;&nbsp;**$880628** | &nbsp;&nbsp;**$994337** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022).

<sup>(4)</sup> Not annualized.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Tax-Managed Value Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified, open-end management investment company. The Portfolio's investment objective is to achieve long-term, after-tax returns by investing primarily in value stocks. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Tax-Managed Value Fund and Eaton Vance Tax-Managed Equity Asset Allocation Fund held an interest of 78.3% and 21.7%, respectively, in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.**

**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 Portfolio'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 Portfolio'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 Portfolio 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 Portfolio is informed of the ex-dividend date. Withholding taxes on foreign dividends and capital gains have been provided for in accordance with the Portfolio's understanding of the applicable countries' tax rules and rates. In consideration of recent decisions rendered by European courts, the Portfolio 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 (the "EU reclaims"). Due to the uncertainty as to the ultimate resolution of these proceedings, the likelihood of receipt of these EU reclaims, and the potential timing of payment, the EU reclaims are recorded as income only when the likelihood of their receipt becomes certain.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

As of April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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.

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

E 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.

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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

H Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Investment Adviser Fee and Other Transactions with Affiliates

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

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;0.650% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.625% |
| $1 billion but less than $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.600% |
| $2 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.575% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.555% |

---

For the six months ended April 30, 2026, the investment adviser fee amounted to $3,461,082 or 0.625% (annualized) of the Portfolio's average daily net assets. The Portfolio 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 fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $1,658 relating to the Portfolio's investment in the Liquidity Fund.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and in-kind transactions, aggregated $108,028,262 and $126,852,135, respectively, for the six months ended April 30, 2026. In-kind sales for the six months ended April 30, 2026 aggregated $7,984,308.

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments of the portfolio at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$484070594** |
| Gross unrealized appreciation | &nbsp;&nbsp;$697866853 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8227850) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$689639003** |

---

5 Line of Credit

The Portfolio participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Portfolio solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Portfolio based on its borrowings generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Portfolio, it may be unable to borrow some or all of its requested amounts at any particular time. The Portfolio did not have any significant borrowings or allocated fees during the six months ended April 30, 2026.

6 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $4,018,539, which represents 0.3% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $1103021 | $56118816 | $(53203298) | $— | $— | $4018539 | $39954 | 4018539 |

---

7 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.

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

Tax-Managed Value Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

At April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Communication Services | &nbsp;&nbsp;$81227957 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$81227957 |
| &nbsp;&nbsp;&nbsp;Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp; 113784626 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113784626 |
| &nbsp;&nbsp;&nbsp;Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp; 41675576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9111568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50787144 |
| &nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp; 99990429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99990429 |
| &nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp; 238161317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 238161317 |
| &nbsp;&nbsp;&nbsp;Health Care | &nbsp;&nbsp;&nbsp;&nbsp; 121140244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121140244 |
| &nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp; 171084972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 171084972 |
| &nbsp;&nbsp;&nbsp;Information Technology | &nbsp;&nbsp;&nbsp;&nbsp; 158096429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158096429 |
| &nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp; 61987873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61987873 |
| &nbsp;&nbsp;&nbsp;Real Estate | &nbsp;&nbsp;&nbsp;&nbsp; 8768445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8768445 |
| &nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp; 64661622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64661622 |
| **Total Common Stocks** | &nbsp;&nbsp;**$1160579490** | &nbsp;&nbsp;&nbsp;&nbsp;**$9,111,568\*** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$1169691058** |
| Short-Term Investments | &nbsp;&nbsp;$4018539 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$4018539 |
| **Total Investments** | &nbsp;&nbsp;**$1164598029** | &nbsp;&nbsp;&nbsp;&nbsp;**$9111568** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$1173709597** |

---

\* 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.

------

[**Table of Contents**](#JOB_EV_AR_f56fc526-b12a-4105-bcfa-79f20ef099e5_TOC)

EATVX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Floating-Rate Advantage Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img35c0bed01.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Floating-Rate Advantage Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_5f9e89a8-c67f-49a4-839e-3fbeeccfd5cb_1)** |  |
| [Item 7 of Form N-CSR:](#xx_a56afddc-8111-49cb-858f-64968c580edb_1) | [Item 7 of Form N-CSR:](#xx_a56afddc-8111-49cb-858f-64968c580edb_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_a56afddc-8111-49cb-858f-64968c580edb_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_a56afddc-8111-49cb-858f-64968c580edb_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_a56afddc-8111-49cb-858f-64968c580edb_4) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_fb66afc5-e895-4032-82ba-dc847347f1ce_1) | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_b2aef717-7392-44ca-96e8-b7a4452ba8fc_1) | 10 |
| [Senior Debt Portfolio](#xx_1b07b08e-9bed-40d5-92b6-7c0335554105_1) | [Senior Debt Portfolio](#xx_1b07b08e-9bed-40d5-92b6-7c0335554105_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_1b07b08e-9bed-40d5-92b6-7c0335554105_1) | [Items 6 and 7 of Form N-CSR:](#xx_1b07b08e-9bed-40d5-92b6-7c0335554105_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_1b07b08e-9bed-40d5-92b6-7c0335554105_1) | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_4f060604-1d4c-4f27-a3b4-79bd10a3707a_1) | 34 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in Senior Debt Portfolio, at value (identified cost $4,175,516,640) | &nbsp;&nbsp;$3999176903 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4643210 |
| **Total assets** | &nbsp;&nbsp;**$4003820113** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$13602858 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3868055 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Administration fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331883 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308362 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60839 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819782 |
| **Total liabilities** | &nbsp;&nbsp;**$18991821** |
| **Net Assets** | &nbsp;&nbsp;**$3984828292** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$5505889328 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;(1521061036) |
| **Net Assets** | &nbsp;&nbsp;**$3984828292** |
| Advisers Class Shares |  |
| **Net Assets** | &nbsp;&nbsp;$43226606 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4571237 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.46 |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$914036253 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96645922 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.46 |
| **Maximum Offering Price Per Share <br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$9.78 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$177822773 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18835111 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.44 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$2779049137 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293879556 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.46 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited) — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Class R6 Shares |  |
| **Net Assets** | &nbsp;&nbsp;$70693523 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7468308 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.47 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio | &nbsp;&nbsp;$3013403 |
| Interest income allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200730936 |
| Other income allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391677 |
| Expenses, excluding interest expense, allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13363760) |
| Interest expense allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(34209531) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156574 |
| **Total investment income from Portfolio** | &nbsp;&nbsp;**$156719299** |
| Expenses |  |
| Administration fee | &nbsp;&nbsp;$2191773 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61701 |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1189034 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740157 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32222 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1295622 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186121 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381482 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47865 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25790 |
| **Total expenses** | &nbsp;&nbsp;**$6152017** |
| **Net investment income** | &nbsp;&nbsp;**$150567282** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(168392176) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2236757) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;793885 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8478522 |
| **Net realized loss** | &nbsp;&nbsp;**$(161356526)** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$37091050 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3779509 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809605 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13149187) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$28530977** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(132825549)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$17741733** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$150567282 | &nbsp;&nbsp;$426052665 |
| &nbsp;&nbsp;&nbsp;Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(161356526) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(118658516) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28530977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(29078146) |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$17741733** | &nbsp;&nbsp;**$278316003** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;$(1764976) | &nbsp;&nbsp;$(4424098) |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33988006) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(82312358) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6567790) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17790467) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(115124390) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(317398715) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2789478) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5419616) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(160234640)** | &nbsp;&nbsp;**$(427345254)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Advisers Class | &nbsp;&nbsp;$(8140035) | &nbsp;&nbsp;$(2344083) |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77227540) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51307775) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(35594034) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39535910) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(611794123) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(562361274) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4820839) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62927525 |
| **Net decrease in net assets from Fund share transactions** | &nbsp;&nbsp;**$(737576571)** | &nbsp;&nbsp;**$(592621517)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(880069478)** | &nbsp;&nbsp;**$(741650768)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$4864897770 | &nbsp;&nbsp;$5606548538 |
| **At end of period** | &nbsp;&nbsp;**$3984828292** | &nbsp;&nbsp;**$4864897770** |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** | &nbsp;&nbsp;&nbsp;**Advisers Class** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$9.76 | &nbsp;&nbsp;$10.01 | &nbsp;&nbsp;$9.87 | &nbsp;&nbsp;$9.62 | &nbsp;&nbsp;$10.58 | &nbsp;&nbsp;$10.07 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.32 | &nbsp;&nbsp;$0.76 | &nbsp;&nbsp;$0.90 | &nbsp;&nbsp;$0.85 | &nbsp;&nbsp;$0.49 | &nbsp;&nbsp;$0.40 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.97) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.04** | &nbsp;&nbsp;**$0.51** | &nbsp;&nbsp;**$1.06** | &nbsp;&nbsp;**$1.11** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$0.93** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.34) | &nbsp;&nbsp;$(0.76) | &nbsp;&nbsp;$(0.92) | &nbsp;&nbsp;$(0.86) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(0.42) |
| **Total distributions** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$(0.76)** | &nbsp;&nbsp;**$(0.92)** | &nbsp;&nbsp;**$(0.86)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.42)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.46** | &nbsp;&nbsp;**$9.76** | &nbsp;&nbsp;**$10.01** | &nbsp;&nbsp;**$9.87** | &nbsp;&nbsp;**$9.62** | &nbsp;&nbsp;**$10.58** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.42%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.29%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.16%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.92%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.62)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.30%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$43227 | &nbsp;&nbsp;$52976 | &nbsp;&nbsp;$56828 | &nbsp;&nbsp;$67432 | &nbsp;&nbsp;$82925 | &nbsp;&nbsp;$88509 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses excluding interest and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &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;0.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95% |
| &nbsp;&nbsp;&nbsp;Interest and fee expense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33% |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.62%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.61%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.67%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.82%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.72%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.62% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.79% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.79% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18% | &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;28% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and less than 0.005% of average daily net assets for the years ended October 31, 2025, 2024, 2023 and 2022).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

Financial Highlights — continued

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$9.76 | &nbsp;&nbsp;$10.01 | &nbsp;&nbsp;$9.87 | &nbsp;&nbsp;$9.62 | &nbsp;&nbsp;$10.58 | &nbsp;&nbsp;$10.07 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.32 | &nbsp;&nbsp;$0.76 | &nbsp;&nbsp;$0.90 | &nbsp;&nbsp;$0.85 | &nbsp;&nbsp;$0.49 | &nbsp;&nbsp;$0.40 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.16 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.97) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.04** | &nbsp;&nbsp;**$0.51** | &nbsp;&nbsp;**$1.06** | &nbsp;&nbsp;**$1.11** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$0.93** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.34) | &nbsp;&nbsp;$(0.76) | &nbsp;&nbsp;$(0.92) | &nbsp;&nbsp;$(0.86) | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(0.42) |
| **Total distributions** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$(0.76)** | &nbsp;&nbsp;**$(0.92)** | &nbsp;&nbsp;**$(0.86)** | &nbsp;&nbsp;**$(0.48)** | &nbsp;&nbsp;**$(0.42)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.46** | &nbsp;&nbsp;**$9.76** | &nbsp;&nbsp;**$10.01** | &nbsp;&nbsp;**$9.87** | &nbsp;&nbsp;**$9.62** | &nbsp;&nbsp;**$10.58** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.42%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.29%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.16%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.91%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.62)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.30%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$914036 | &nbsp;&nbsp;$1021815 | &nbsp;&nbsp;$1100872 | &nbsp;&nbsp;$1141067 | &nbsp;&nbsp;$1259540 | &nbsp;&nbsp;$1378928 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses excluding interest and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.06%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95% |
| &nbsp;&nbsp;&nbsp;Interest and fee expense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33% |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.62%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.61%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.67%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.82%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.43%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.72%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.93% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.77% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.80% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18% | &nbsp;&nbsp;&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;&nbsp;&nbsp;28% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and less than 0.005% of average daily net assets for the years ended October 31, 2025, 2024, 2023 and 2022).

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$9.75 | &nbsp;&nbsp;$10.00 | &nbsp;&nbsp;$9.85 | &nbsp;&nbsp;$9.61 | &nbsp;&nbsp;$10.56 | &nbsp;&nbsp;$10.05 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.30 | &nbsp;&nbsp;$0.71 | &nbsp;&nbsp;$0.84 | &nbsp;&nbsp;$0.80 | &nbsp;&nbsp;$0.43 | &nbsp;&nbsp;$0.35 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.29) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.95) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.52 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.01** | &nbsp;&nbsp;**$0.46** | &nbsp;&nbsp;**$1.02** | &nbsp;&nbsp;**$1.05** | &nbsp;&nbsp;**$(0.52)** | &nbsp;&nbsp;**$0.87** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.32) | &nbsp;&nbsp;$(0.71) | &nbsp;&nbsp;$(0.87) | &nbsp;&nbsp;$(0.81) | &nbsp;&nbsp;$(0.43) | &nbsp;&nbsp;$(0.36) |
| **Total distributions** | &nbsp;&nbsp;**$(0.32)** | &nbsp;&nbsp;**$(0.71)** | &nbsp;&nbsp;**$(0.87)** | &nbsp;&nbsp;**$(0.81)** | &nbsp;&nbsp;**$(0.43)** | &nbsp;&nbsp;**$(0.36)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.44** | &nbsp;&nbsp;**$9.75** | &nbsp;&nbsp;**$10.00** | &nbsp;&nbsp;**$9.85** | &nbsp;&nbsp;**$9.61** | &nbsp;&nbsp;**$10.56** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.17%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.66%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.61%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.48%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(5.11)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.77%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$177823 | &nbsp;&nbsp;$219810 | &nbsp;&nbsp;$265808 | &nbsp;&nbsp;$294805 | &nbsp;&nbsp;$352239 | &nbsp;&nbsp;$435786 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses excluding interest and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.46% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.50% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.44% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.46% |
| &nbsp;&nbsp;&nbsp;Interest and fee expense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.48% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.33% |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.12%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.77% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.17% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.32% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.11%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.77%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.17%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.32%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.92%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.79% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.22%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.13% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.31% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18% | &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;28% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and less than 0.005% of average daily net assets for the years ended October 31, 2025, 2024, 2023 and 2022).

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$9.76 | &nbsp;&nbsp;$10.01 | &nbsp;&nbsp;$9.87 | &nbsp;&nbsp;$9.62 | &nbsp;&nbsp;$10.58 | &nbsp;&nbsp;$10.07 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.33 | &nbsp;&nbsp;$0.78 | &nbsp;&nbsp;$0.92 | &nbsp;&nbsp;$0.87 | &nbsp;&nbsp;$0.51 | &nbsp;&nbsp;$0.42 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.96) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.05** | &nbsp;&nbsp;**$0.54** | &nbsp;&nbsp;**$1.09** | &nbsp;&nbsp;**$1.14** | &nbsp;&nbsp;**$(0.45)** | &nbsp;&nbsp;**$0.95** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.79) | &nbsp;&nbsp;$(0.95) | &nbsp;&nbsp;$(0.89) | &nbsp;&nbsp;$(0.51) | &nbsp;&nbsp;$(0.44) |
| **Total distributions** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.79)** | &nbsp;&nbsp;**$(0.95)** | &nbsp;&nbsp;**$(0.89)** | &nbsp;&nbsp;**$(0.51)** | &nbsp;&nbsp;**$(0.44)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.46** | &nbsp;&nbsp;**$9.76** | &nbsp;&nbsp;**$10.01** | &nbsp;&nbsp;**$9.87** | &nbsp;&nbsp;**$9.62** | &nbsp;&nbsp;**$10.58** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.55%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.55%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.44%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.19%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.38)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.57%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$2779049 | &nbsp;&nbsp;$3492320 | &nbsp;&nbsp;$4165758 | &nbsp;&nbsp;$4120653 | &nbsp;&nbsp;$5215271 | &nbsp;&nbsp;$5898403 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses excluding interest and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.81%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.74% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.75% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70% |
| &nbsp;&nbsp;&nbsp;Interest and fee expense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82% | &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;&nbsp;&nbsp;&nbsp;0.32% |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.37%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.02% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.41% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.57% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.36%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.02%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.41%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.57%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.02% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.97%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.87% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.99% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.02% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18% | &nbsp;&nbsp;&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;&nbsp;&nbsp;28% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and less than 0.005% of average daily net assets for the years ended October 31, 2025, 2024, 2023 and 2022).

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

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;**Class R6** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$9.77 | &nbsp;&nbsp;$10.02 | &nbsp;&nbsp;$9.87 | &nbsp;&nbsp;$9.62 | &nbsp;&nbsp;$10.58 | &nbsp;&nbsp;$10.06 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.33 | &nbsp;&nbsp;$0.79 | &nbsp;&nbsp;$0.92 | &nbsp;&nbsp;$0.91 | &nbsp;&nbsp;$0.48 | &nbsp;&nbsp;$0.43 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.23 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.93) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.54 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.05** | &nbsp;&nbsp;**$0.54** | &nbsp;&nbsp;**$1.10** | &nbsp;&nbsp;**$1.14** | &nbsp;&nbsp;**$(0.45)** | &nbsp;&nbsp;**$0.97** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.35) | &nbsp;&nbsp;$(0.79) | &nbsp;&nbsp;$(0.95) | &nbsp;&nbsp;$(0.89) | &nbsp;&nbsp;$(0.51) | &nbsp;&nbsp;$(0.45) |
| **Total distributions** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.79)** | &nbsp;&nbsp;**$(0.95)** | &nbsp;&nbsp;**$(0.89)** | &nbsp;&nbsp;**$(0.51)** | &nbsp;&nbsp;**$(0.45)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.47** | &nbsp;&nbsp;**$9.77** | &nbsp;&nbsp;**$10.02** | &nbsp;&nbsp;**$9.87** | &nbsp;&nbsp;**$9.62** | &nbsp;&nbsp;**$10.58** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.47%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.59%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.60%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.35%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.36)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.63%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$70694 | &nbsp;&nbsp;$77977 | &nbsp;&nbsp;$17283 | &nbsp;&nbsp;$15353 | &nbsp;&nbsp;$24131 | &nbsp;&nbsp;$135653 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses excluding interest and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.76%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.64% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.68% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.79% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65% |
| &nbsp;&nbsp;&nbsp;Interest and fee expense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.38% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.30% |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.32%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.31%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.95%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.35%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.60%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.01%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.02%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.94% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.19% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.26% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.06% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18% | &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;28% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and less than 0.005% of average daily net assets for the years ended October 31, 2025, 2024, 2023 and 2022).

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Floating-Rate Advantage 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 offers five classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 5). 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. Advisers Class, Class I and Class R6 shares are generally 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 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. Net investment income, other than class-specific expenses, is allocated daily to each class of shares based upon the ratio of the value of each class's paid shares to the total value of all paid shares. 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 Fund invests all of its investable assets in interests in Senior Debt Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objective and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (86.1% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The financial statements of the Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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.

As of April 30, 2026, 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.

D 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.

E 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.

F 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.

G Other—Investment transactions are accounted for on a trade date basis.

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

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[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

The Fund declares dividends daily to shareholders of record at the time of declaration. Distributions are generally paid monthly. Distributions of realized capital gains are made at least annually. 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 reinvestment 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $1,167,372,402 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 October 31, 2025, $1,078,620,018 are long-term and $88,752,384 are short-term.

3 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser 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 investment adviser fee is computed at an annual rate as a percentage of the Fund's average daily gross assets that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser and receive an advisory fee as follows and is payable monthly:

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| | |
|:---|:---|
| **Average Daily Gross Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to and including $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5000% |
| In excess of $1 billion up to and including $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4500% |
| In excess of $2 billion up to and including $7 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4000% |
| In excess of $7 billion up to and including $10 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.3875% |
| In excess of $10 billion up to and including $15 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.3750% |
| In excess of $15 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.3625% |

---

Gross assets are calculated by deducting all liabilities of the Fund except the principal amount of any indebtedness for money borrowed. For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. To the extent that the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR) to render investment advisory services. See Note 2 of the Portfolio's Notes to Financial Statements which are included elsewhere in this report.

The administration fee is earned by EVM as compensation for administrative services rendered to the Fund. The fee is computed at an annual rate of 0.10% of the Fund's average daily net assets. For the six months ended April 30, 2026, the administration fee amounted to $2,191,773. EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $105,966 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 $18,567 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also received distribution and service fees from Advisers Class, 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 or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

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[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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4 Distribution Plans

The Fund has in effect a distribution plan for Advisers Class shares and Class A shares (Advisers/Class A Plan) pursuant to Rule 12b-1 under the 1940 Act. Pursuant to the Advisers/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 Advisers Class and 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 six months ended April 30, 2026 amounted to $61,701 for Advisers Class shares and $1,189,034 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 0.60% 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $592,126 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 0.15% per annum of its average daily net assets attributable to Class C shares. Although there is no present intention to do so, Class C shares could pay service fees of up to 0.25% annually upon Trustee approval. 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 six months ended April 30, 2026 amounted to $148,031 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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received $2,621 and $9,169 of CDSCs paid by Class A and Class C shareholders, respectively.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $2,206,868 and $914,732,711, respectively.

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, were as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Advisers Class** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 599387 | &nbsp;&nbsp;&nbsp;&nbsp;$5704726 | &nbsp;&nbsp;&nbsp;&nbsp; 1235955 | &nbsp;&nbsp;&nbsp;&nbsp;$12280537 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 184009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1758355 | &nbsp;&nbsp;&nbsp;&nbsp; 445670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4399454 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1639925) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15603116) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1929720) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (19024074) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(856529)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(8140035)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(248095)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(2344083)** |

---

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[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Eaton Vance

Floating-Rate Advantage Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 6153569 | &nbsp;&nbsp;&nbsp;&nbsp;$58995269 | &nbsp;&nbsp;&nbsp;&nbsp; 14176788 | &nbsp;&nbsp;&nbsp;&nbsp;$140299860 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 3078814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29416130 | &nbsp;&nbsp;&nbsp;&nbsp; 7188272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70984924 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17257356) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (165638939) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26626286) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (262592559) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(8024973)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(77227540)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(5261226)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(51307775)** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 933305 | &nbsp;&nbsp;&nbsp;&nbsp;$8949288 | &nbsp;&nbsp;&nbsp;&nbsp; 3960308 | &nbsp;&nbsp;&nbsp;&nbsp;$39241825 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 636616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6074807 | &nbsp;&nbsp;&nbsp;&nbsp; 1659097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16356912 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5290916) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (50618129) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9653210) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (95134647) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(3720995)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(35594034)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(4033805)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(39535910)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 32541180 | &nbsp;&nbsp;&nbsp;&nbsp;$312495769 | &nbsp;&nbsp;&nbsp;&nbsp;131504027 | &nbsp;&nbsp;&nbsp;&nbsp;$1303995857 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 9736475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 93062976 | &nbsp;&nbsp;&nbsp;&nbsp; 26755951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 264238152 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(106181110) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1017352868) | &nbsp;&nbsp;&nbsp;&nbsp;(216508174) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2130595283) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(63903455)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(611794123)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(58248196)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(562361274)** |
| **Class R6** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 887786 | &nbsp;&nbsp;&nbsp;&nbsp;$8544171 | &nbsp;&nbsp;&nbsp;&nbsp; 15012215 | &nbsp;&nbsp;&nbsp;&nbsp;$149752746 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 275188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2631089 | &nbsp;&nbsp;&nbsp;&nbsp; 377133 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3714430 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1675670) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15996099) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9133235) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (90539651) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(512696)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(4820839)** | &nbsp;&nbsp;&nbsp;&nbsp; **6256113** | &nbsp;&nbsp;&nbsp;&nbsp;**$62927525** |

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[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited)

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Asset-Backed Securities — 3.6%

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| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| ARES LXXVII CLO Ltd., Series 2025-77A, Class E, 9.223%, (3 mo. SOFR + 5.55%), 7/15/38<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;$7038927 |
| Ballyrock CLO 31 Ltd., Series 2026-31A, Class D, 8.658%, (3 mo. SOFR + 4.95%), 4/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3015528 |
| Ballyrock CLO Ltd., Series 2019-2A, Class DR3, 9.817%, (3 mo. SOFR + 6.15%), 10/25/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3955444 |
| Barings CLO Ltd., Series 2015-1A, Class DR, 6.537%, (3 mo. SOFR + 2.862%), 1/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2503980 |
| Battalion CLO XXII Ltd., Series 2021-22A, Class E, 10.887%, (3 mo. SOFR + 7.212%), 1/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1288200 |
| Battalion CLO XXIX Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-29A, Class D1, 6.973%, (3 mo. SOFR + 3.30%), 3/31/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3508239 |
| &nbsp;&nbsp;&nbsp;Series 2025-29A, Class E, 10.023%, (3 mo. SOFR + 6.35%), 3/31/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4036980 |
| Benefit Street Partners CLO 41 Ltd., Series 2025-41A, Class D1, 6.417%, (3 mo. SOFR + 2.75%), 7/25/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2004828 |
| Benefit Street Partners CLO 48 Ltd., Series 2026-48A, Class E, 8.359%, (3 mo. SOFR + 4.65%), 4/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3021156 |
| Benefit Street Partners CLO XVI Ltd., Series 2018-16A, Class ER2, 8.58%, (3 mo. SOFR + 4.90%), 1/17/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2893188 |
| Benefit Street Partners CLO XXII Ltd., Series 2020-22A, Class ERR, 8.575%, (3 mo. SOFR + 4.90%), 4/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 989362 |
| BlueMountain CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-3A, Class CR, 6.537%, (3 mo. SOFR + 2.862%), 4/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4967865 |
| &nbsp;&nbsp;&nbsp;Series 2015-3A, Class DR, 9.337%, (3 mo. SOFR + 5.662%), 4/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2202672 |
| &nbsp;&nbsp;&nbsp;Series 2016-3A, Class DR, 7.014%, (3 mo. SOFR + 3.362%), 11/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1501893 |
| &nbsp;&nbsp;&nbsp;Series 2016-3A, Class ER, 9.864%, (3 mo. SOFR + 6.212%), 11/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1141077 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class D, 6.975%, (3 mo. SOFR + 3.312%), 7/30/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2497490 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class E, 9.875%, (3 mo. SOFR + 6.212%), 7/30/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1245358 |
| BlueMountain CLO XXIV Ltd., Series 2019-24A, Class ER, 10.777%, (3 mo. SOFR + 7.102%), 4/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1161445 |
| BlueMountain CLO XXVI Ltd., Series 2019-26A, Class ER, 11.067%, (3 mo. SOFR + 7.392%), 10/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2918325 |

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| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| BlueMountain CLO XXX Ltd., Series 2020-30A, Class ER, 10.373%, (3 mo. SOFR + 6.70%), 4/15/35<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$1886650 |
| Bryant Park Funding Ltd., Series 2023-19A, Class D1R, 6.473%, (3 mo. SOFR + 2.80%), 4/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 971745 |
| Canyon Capital CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2012-1RA, Class E, 9.635%, (3 mo. SOFR + 5.962%), 7/15/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4875 | &nbsp;&nbsp;&nbsp;&nbsp; 4775682 |
| &nbsp;&nbsp;&nbsp;Series 2016-1A, Class ER, 9.685%, (3 mo. SOFR + 6.012%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3461304 |
| &nbsp;&nbsp;&nbsp;Series 2016-2A, Class ER, 9.935%, (3 mo. SOFR + 6.262%), 10/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 3884674 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class D, 6.835%, (3 mo. SOFR + 3.162%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3021243 |
| &nbsp;&nbsp;&nbsp;Series 2018-1A, Class E, 9.685%, (3 mo. SOFR + 6.012%), 7/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2709814 |
| &nbsp;&nbsp;&nbsp;Series 2019-1A, Class ERR, 11.173%, (3 mo. SOFR + 7.50%), 7/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5340 | &nbsp;&nbsp;&nbsp;&nbsp; 4916463 |
| Carlyle U.S. CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-4A, Class DR, 10.273%, (3 mo. SOFR + 6.60%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2955252 |
| &nbsp;&nbsp;&nbsp;Series 2026-1A, Class E, 8.926%, (3 mo. SOFR + 5.25%), 4/25/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3031227 |
| CIFC Funding Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2022-1A, Class E, 10.08%, (3 mo. SOFR + 6.40%), 4/17/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 750488 |
| &nbsp;&nbsp;&nbsp;Series 2022-4A, Class DR, 6.38%, (3 mo. SOFR + 2.70%), 7/16/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1751935 |
| Dryden CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-55A, Class D, 6.785%, (3 mo. SOFR + 3.112%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1508009 |
| &nbsp;&nbsp;&nbsp;Series 2018-55A, Class E, 9.335%, (3 mo. SOFR + 5.662%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1977470 |
| Dryden Senior Loan Fund: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-41A, Class DR, 6.535%, (3 mo. SOFR + 2.862%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7010311 |
| &nbsp;&nbsp;&nbsp;Series 2015-41A, Class ER, 9.235%, (3 mo. SOFR + 5.562%), 4/15/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1268 | &nbsp;&nbsp;&nbsp;&nbsp; 1184808 |
| &nbsp;&nbsp;&nbsp;Series 2016-42A, Class D1AR, 6.973%, (3 mo. SOFR + 3.30%), 7/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2491052 |
| &nbsp;&nbsp;&nbsp;Series 2016-42A, Class ERR, 10.173%, (3 mo. SOFR + 6.50%), 7/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3319960 |
| Eldridge CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class E, 8.905%, (3 mo. SOFR + 5.25%), 1/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1511685 |
| &nbsp;&nbsp;&nbsp;Series 2026-3A, Class E, 9.669%, (3 mo. SOFR + 5.95%), 3/31/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2028284 |
| Garnet CLO 4 Ltd., Series 2025-4A, Class E, 8.659%, (3 mo. SOFR + 5.00%), 1/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1003130 |
| HalseyPoint CLO 5 Ltd., Series 2021-5A, Class E, 10.865%, (3 mo. SOFR + 7.202%), 1/30/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1660218 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Madison Park Funding LIX Ltd., Series 2021-59A, Class ER, 10.075%, (3 mo. SOFR + 6.40%), 4/18/37<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550 | &nbsp;&nbsp;$1403392 |
| Madison Park Funding XXXVI Ltd., Series 2019-36A, Class ERR, 9.273%, (3 mo. SOFR + 5.60%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2222470 |
| Madison Park Funding XXXVII Ltd., Series 2019-37A, Class ER2, 10.273%, (3 mo. SOFR + 6.60%), 4/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 697025 |
| Neuberger Berman Loan Advisers CLO 48 Ltd., Series 2022-48A, Class ER, 8.567%, (3 mo. SOFR + 4.90%), 4/25/36<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp; 2544815 |
| Neuberger Berman Loan Advisers CLO 59 Ltd., Series 2024-59A, Class E, 8.466%, (3 mo. SOFR + 4.80%), 1/23/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2990655 |
| Neuberger Berman Loan Advisers CLO Ltd., Series 2019-34A, Class ER2, 8.675%, (3 mo. SOFR + 5.00%), 7/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1300612 |
| New Mountain CLO 8 Ltd., Series CLO-8A, Class E, 8.525%, (3 mo. SOFR + 4.85%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2483130 |
| Orion CLO Ltd., Series 2025-6A, Class E, 8.925%, (3 mo. SOFR + 5.25%), 10/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5987334 |
| Palmer Square CLO Ltd., Series 2021-2A, Class ER, 8.773%, (3 mo. SOFR + 5.10%), 2/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 955540 |
| RAD CLO 11 Ltd., Series 2021-11A, Class E, 10.185%, (3 mo. SOFR + 6.512%), 4/15/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 745209 |
| RAD CLO 14 Ltd., Series 2021-14A, Class E, 10.435%, (3 mo. SOFR + 6.762%), 1/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050 | &nbsp;&nbsp;&nbsp;&nbsp; 956667 |
| RAD CLO 30 Ltd., Series 2025-30A, Class D, 8.773%, (3 mo. SOFR + 5.10%), 10/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3952464 |
| RR 25 Ltd., Series 2023-25A, Class DR2, 9.123%, (3 mo. SOFR + 5.45%), 4/15/41<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4032128 |
| Silver Point CLO 12 Ltd., Series 2025-12A, Class E, 8.673%, (3 mo. SOFR + 5.00%), 10/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3340508 |
| Sixth Street CLO XX Ltd., Series 2021-20A, Class ER, 9.18%, (3 mo. SOFR + 5.50%), 7/17/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2953254 |
| Symphony CLO XXXIII Ltd., Series 2022-33A, Class E1R, 9.017%, (3 mo. SOFR + 5.35%), 1/24/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1422944 |
| Upland CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-1A, Class CR, 6.837%, (3 mo. SOFR + 3.162%), 4/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 4521564 |
| &nbsp;&nbsp;&nbsp;Series 2016-1A, Class DR, 9.837%, (3 mo. SOFR + 6.162%), 4/20/31<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2125 | &nbsp;&nbsp;&nbsp;&nbsp; 2101157 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Voya CLO Ltd., Series 2015-3A, Class DR, 10.137%, (3 mo. SOFR + 6.462%), 10/20/31<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;$5126297 |
| Wellfleet CLO Ltd., Series 2021-3A, Class E, 11.035%, (3 mo. SOFR + 7.362%), 1/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050 | &nbsp;&nbsp;&nbsp;&nbsp; 931124 |
| Wellington Management CLO 2 Ltd., Series 2024-2A, Class ER, 10.099%, (3 mo. SOFR + 6.43%), 4/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2009976 |
| Windhill CLO 5 Ltd., 13.00%, 10/22/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4685 | &nbsp;&nbsp;&nbsp;&nbsp; 4774927 |
| Total Asset-Backed Securities<br> (identified cost $173,390,606) |  | &nbsp;&nbsp;**$167156553** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Closed-End Funds — 0.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Invesco Senior Income Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303506 | &nbsp;&nbsp;$956044 |
| Nuveen Floating Rate Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 755000 |
| Total Closed-End Funds<br> (identified cost $1,758,624) |  | &nbsp;&nbsp;**$1711044** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Common Stocks — 1.4%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Commercial Services & Supplies — 0.0%<sup>†</sup> | Commercial Services & Supplies — 0.0%<sup>†</sup> | Commercial Services & Supplies — 0.0%<sup>†</sup> |
| Monitronics International, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199603 | &nbsp;&nbsp;$1896228 |
|  |  | &nbsp;&nbsp;**$1896228** |
| Containers and Glass Products — 0.0%<sup>†</sup> | Containers and Glass Products — 0.0%<sup>†</sup> | Containers and Glass Products — 0.0%<sup>†</sup> |
| LG Parent Holding Co.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;342076 | &nbsp;&nbsp;$470354 |
|  |  | &nbsp;&nbsp;**$470354** |
| Diversified Financial Services — 0.0% | Diversified Financial Services — 0.0% | Diversified Financial Services — 0.0% |
| Sprint IntermediateCo BV<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42551 | &nbsp;&nbsp;$0 |
| Sprint IntermediateCo BV<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118644 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp;**$0** |
| Electronic Equipment, Instruments & Components — 0.4% | Electronic Equipment, Instruments & Components — 0.4% | Electronic Equipment, Instruments & Components — 0.4% |
| Luxco Co. Ltd.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229992 | &nbsp;&nbsp;$4753738 |
| Range Red Acquisitions LLC, Class A1<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10660 | &nbsp;&nbsp;&nbsp;&nbsp; 14694170 |
|  |  | &nbsp;&nbsp;**$19447908** |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Electronics/Electrical — 0.0%<sup>†</sup> | Electronics/Electrical — 0.0%<sup>†</sup> | Electronics/Electrical — 0.0%<sup>†</sup> |
| Skillsoft Corp.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50519 | &nbsp;&nbsp;$390007 |
|  |  | &nbsp;&nbsp;**$390007** |
| Entertainment — 0.1% | Entertainment — 0.1% | Entertainment — 0.1% |
| New Cineworld Ltd.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113548 | &nbsp;&nbsp;$2364978 |
|  |  | &nbsp;&nbsp;**$2364978** |
| Health Care — 0.4% | Health Care — 0.4% | Health Care — 0.4% |
| Cano Health, Inc.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380806 | &nbsp;&nbsp;$0 |
| Envision Parent, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;953838 | &nbsp;&nbsp;&nbsp;&nbsp; 18313690 |
|  |  | &nbsp;&nbsp;**$18313690** |
| Household Durables — 0.3% | Household Durables — 0.3% | Household Durables — 0.3% |
| Serta Simmons Bedding, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1401999 | &nbsp;&nbsp;$12968491 |
| Serta SSB Equipment Co.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1401999 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
|  |  | &nbsp;&nbsp;**$12968491** |
| Investment Companies — 0.0% | Investment Companies — 0.0% | Investment Companies — 0.0% |
| Aegletes BV<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138671 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Machinery — 0.0% | Machinery — 0.0% | Machinery — 0.0% |
| Apex Tool Ultimate Holdings LLC<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130462 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Oil and Gas — 0.0% | Oil and Gas — 0.0% | Oil and Gas — 0.0% |
| AFG Holdings, Inc.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281241 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Pharmaceuticals — 0.2% | Pharmaceuticals — 0.2% | Pharmaceuticals — 0.2% |
| Mallinckrodt International Finance SA<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107065 | &nbsp;&nbsp;$9613527 |
| Par Health, Inc.<sup>(3)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106655 | &nbsp;&nbsp;&nbsp;&nbsp; 429980 |
|  |  | &nbsp;&nbsp;**$10043507** |
| Retailers (Except Food and Drug) — 0.0% | Retailers (Except Food and Drug) — 0.0% | Retailers (Except Food and Drug) — 0.0% |
| Phillips Feed Service, Inc.<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2961 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Software and Services — 0.0% | Software and Services — 0.0% | Software and Services — 0.0% |
| Blackboard LLC<sup>(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222224 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Telecommunications — 0.0% | Telecommunications — 0.0% | Telecommunications — 0.0% |
| Anuvu<sup>(3)(4)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390679 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Total Common Stocks<br> (identified cost $102,720,768) |  | &nbsp;&nbsp;**$65895163** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Corporate Bonds — 6.5%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace and Defense — 0.5% | Aerospace and Defense — 0.5% | Aerospace and Defense — 0.5% |
| Goat Holdco LLC, 6.75%, 2/1/32<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2450 | &nbsp;&nbsp;$2512593 |
| TransDigm, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 8/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3825 | &nbsp;&nbsp;&nbsp;&nbsp; 3881449 |
| &nbsp;&nbsp;&nbsp;6.875%, 12/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000 | &nbsp;&nbsp;&nbsp;&nbsp; 15471525 |
|  |  | &nbsp;&nbsp;**$21865567** |
| Airlines — 0.2% | Airlines — 0.2% | Airlines — 0.2% |
| VistaJet Malta Finance PLC/Vista Management Holding, Inc., 8.75%, 1/15/32<sup>(1)(6)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;$7755608 |
|  |  | &nbsp;&nbsp;**$7755608** |
| Apparel & Luxury Goods — 0.1% | Apparel & Luxury Goods — 0.1% | Apparel & Luxury Goods — 0.1% |
| Champ Acquisition Corp., 8.375%, 12/1/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4925 | &nbsp;&nbsp;$5200697 |
|  |  | &nbsp;&nbsp;**$5200697** |
| Automotive — 0.0%<sup>†</sup> | Automotive — 0.0%<sup>†</sup> | Automotive — 0.0%<sup>†</sup> |
| Adient Global Holdings Ltd., 7.00%, 4/15/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;$661690 |
|  |  | &nbsp;&nbsp;**$661690** |
| Building and Development — 0.1% | Building and Development — 0.1% | Building and Development — 0.1% |
| Smyrna Ready Mix Concrete LLC, 8.875%, 11/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;$2619105 |
| Winnebago Industries, Inc., 6.25%, 7/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324 | &nbsp;&nbsp;&nbsp;&nbsp; 323843 |
|  |  | &nbsp;&nbsp;**$2942948** |
| Business Equipment and Services — 0.4% | Business Equipment and Services — 0.4% | Business Equipment and Services — 0.4% |
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL, 4.625%, 6/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18725 | &nbsp;&nbsp;$18459895 |
|  |  | &nbsp;&nbsp;**$18459895** |

---

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Capital Markets — 0.2% | Capital Markets — 0.2% | Capital Markets — 0.2% |
| Focus Financial Partners LLC, 6.75%, 9/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10400 | &nbsp;&nbsp;$10587145 |
|  |  | &nbsp;&nbsp;**$10587145** |
| Chemicals — 0.4% | Chemicals — 0.4% | Chemicals — 0.4% |
| Olympus Water U.S. Holding Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 10/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10050 | &nbsp;&nbsp;$9782678 |
| &nbsp;&nbsp;&nbsp;7.25%, 2/15/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9525 | &nbsp;&nbsp;&nbsp;&nbsp; 9318572 |
|  |  | &nbsp;&nbsp;**$19101250** |
| Commercial Services — 0.3% | Commercial Services — 0.3% | Commercial Services — 0.3% |
| Herc Holdings, Inc., 7.00%, 6/15/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2750 | &nbsp;&nbsp;$2862690 |
| Neptune Bidco U.S., Inc., 9.29%, 4/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10450 | &nbsp;&nbsp;&nbsp;&nbsp; 10577380 |
|  |  | &nbsp;&nbsp;**$13440070** |
| Computers — 0.3% | Computers — 0.3% | Computers — 0.3% |
| Diebold Nixdorf, Inc., 7.75%, 3/31/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11950 | &nbsp;&nbsp;$12582936 |
|  |  | &nbsp;&nbsp;**$12582936** |
| Diversified Financial Services — 0.1% | Diversified Financial Services — 0.1% | Diversified Financial Services — 0.1% |
| Aretec Group, Inc., 10.00%, 8/15/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4837 | &nbsp;&nbsp;$5128942 |
|  |  | &nbsp;&nbsp;**$5128942** |
| Diversified Telecommunication Services — 0.9% | Diversified Telecommunication Services — 0.9% | Diversified Telecommunication Services — 0.9% |
| Altice France SA: |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 10/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1220 | &nbsp;&nbsp;$1197359 |
| &nbsp;&nbsp;&nbsp;6.50%, 4/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15454 | &nbsp;&nbsp;&nbsp;&nbsp; 15208059 |
| &nbsp;&nbsp;&nbsp;9.50%, 11/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17149 | &nbsp;&nbsp;&nbsp;&nbsp; 17516402 |
| Virgin Media Secured Finance PLC, 4.50%, 8/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7625 | &nbsp;&nbsp;&nbsp;&nbsp; 6754517 |
|  |  | &nbsp;&nbsp;**$40676337** |
| Drugs — 0.2% | Drugs — 0.2% | Drugs — 0.2% |
| Jazz Securities DAC, 4.375%, 1/15/29<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10050 | &nbsp;&nbsp;$9834508 |
|  |  | &nbsp;&nbsp;**$9834508** |
| Engineering & Construction — 0.1% | Engineering & Construction — 0.1% | Engineering & Construction — 0.1% |
| Artera Services LLC, 8.50%, 2/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6375 | &nbsp;&nbsp;$5494259 |
|  |  | &nbsp;&nbsp;**$5494259** |
| Entertainment — 0.0%<sup>†</sup> | Entertainment — 0.0%<sup>†</sup> | Entertainment — 0.0%<sup>†</sup> |
| Caesars Entertainment, Inc., 6.50%, 2/15/32<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1275 | &nbsp;&nbsp;$1240039 |
|  |  | &nbsp;&nbsp;**$1240039** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care — 0.5% | Health Care — 0.5% | Health Care — 0.5% |
| Bausch & Lomb Corp., 8.375%, 10/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$1033750 |
| Global Medical Response, Inc., 7.375%, 10/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2530 | &nbsp;&nbsp;&nbsp;&nbsp; 2638815 |
| Tenet Healthcare Corp., 4.25%, 6/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22375 | &nbsp;&nbsp;&nbsp;&nbsp; 21806720 |
|  |  | &nbsp;&nbsp;**$25479285** |
| Hotels, Restaurants & Leisure — 0.3% | Hotels, Restaurants & Leisure — 0.3% | Hotels, Restaurants & Leisure — 0.3% |
| Carnival Corp., 4.00%, 8/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13975 | &nbsp;&nbsp;$13653158 |
|  |  | &nbsp;&nbsp;**$13653158** |
| Insurance — 0.4% | Insurance — 0.4% | Insurance — 0.4% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, 7.00%, 1/15/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5250 | &nbsp;&nbsp;$5361762 |
| Asurion LLC/Asurion Co-Issuer, Inc., 8.375%, 2/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11500 | &nbsp;&nbsp;&nbsp;&nbsp; 11355248 |
|  |  | &nbsp;&nbsp;**$16717010** |
| Machinery — 0.4% | Machinery — 0.4% | Machinery — 0.4% |
| Columbus McKinnon Corp., 7.125%, 2/1/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5075 | &nbsp;&nbsp;$5106719 |
| LSF12 Helix Parent LLC, 7.125%, 2/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2525 | &nbsp;&nbsp;&nbsp;&nbsp; 2471060 |
| Madison IAQ LLC, 4.125%, 6/30/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12300 | &nbsp;&nbsp;&nbsp;&nbsp; 12138143 |
|  |  | &nbsp;&nbsp;**$19715922** |
| Packaging & Containers — 0.1% | Packaging & Containers — 0.1% | Packaging & Containers — 0.1% |
| Sword Purchaser LLC, 8.25%, 4/15/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3550 | &nbsp;&nbsp;$3635211 |
|  |  | &nbsp;&nbsp;**$3635211** |
| Pipelines — 0.0%<sup>†</sup> | Pipelines — 0.0%<sup>†</sup> | Pipelines — 0.0%<sup>†</sup> |
| Delek Logistics Partners LP/Delek Logistics Finance Corp., 7.375%, 6/30/33<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1570 | &nbsp;&nbsp;$1621086 |
|  |  | &nbsp;&nbsp;**$1621086** |
| Professional Services — 0.1% | Professional Services — 0.1% | Professional Services — 0.1% |
| CoreLogic, Inc., 4.50%, 5/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;$3406412 |
|  |  | &nbsp;&nbsp;**$3406412** |
| Software — 0.6% | Software — 0.6% | Software — 0.6% |
| Capstone Borrower, Inc., 8.00%, 6/15/30<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;$9654235 |
| Cloud Software Group, Inc., 9.00%, 9/30/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5100 | &nbsp;&nbsp;&nbsp;&nbsp; 5011847 |
| OAK-Eagle Acquireco, Inc., 7.25%, 7/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5075 | &nbsp;&nbsp;&nbsp;&nbsp; 5231671 |
| UKG, Inc., 6.875%, 2/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10525 | &nbsp;&nbsp;&nbsp;&nbsp; 10252596 |
|  |  | &nbsp;&nbsp;**$30150349** |

---

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Technology — 0.2% | Technology — 0.2% | Technology — 0.2% |
| NCR Atleos Corp., 9.50%, 4/1/29<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;$9260384 |
|  |  | &nbsp;&nbsp;**$9260384** |
| Telecommunications — 0.1% | Telecommunications — 0.1% | Telecommunications — 0.1% |
| Vmed O2 U.K. Financing I PLC, 4.25%, 1/31/31<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4375 | &nbsp;&nbsp;$3770085 |
|  |  | &nbsp;&nbsp;**$3770085** |
| Transportation — 0.0%<sup>†</sup> | Transportation — 0.0%<sup>†</sup> | Transportation — 0.0%<sup>†</sup> |
| GB AIT Buyer, Inc., 8.75%, 4/30/34<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;$679838 |
|  |  | &nbsp;&nbsp;**$679838** |
| Total Corporate Bonds<br> (identified cost $302,588,302) |  | &nbsp;&nbsp;**$303060631** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Exchange-Traded Funds — 0.9%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Income Funds — 0.9% | Income Funds — 0.9% | Income Funds — 0.9% |
| Eaton Vance Floating-Rate ETF<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;772500 | &nbsp;&nbsp;$37524187 |
| Eldridge BBB-B CLO ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204400 | &nbsp;&nbsp;&nbsp;&nbsp; 5397182 |
|  |  | &nbsp;&nbsp;**$42921369** |
| Total Exchange-Traded Funds<br> (identified cost $44,237,946) |  | &nbsp;&nbsp;**$42921369** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Preferred Stocks — 0.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Beverages — 0.2% | Beverages — 0.2% | Beverages — 0.2% |
| City Brewing TopCo LLC<sup>(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1578200 | &nbsp;&nbsp;$8285550 |
|  |  | &nbsp;&nbsp;**$8285550** |
| Software and Services — 0.0%<sup>†</sup> | Software and Services — 0.0%<sup>†</sup> | Software and Services — 0.0%<sup>†</sup> |
| Blackboard LLC, Series A<sup>(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161809 | &nbsp;&nbsp;$2965959 |
|  |  | &nbsp;&nbsp;**$2965959** |
| Technology — 0.1% | Technology — 0.1% | Technology — 0.1% |
| Cohesity Global, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Series G<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109603 | &nbsp;&nbsp;$2178359 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Technology (continued) | Technology (continued) | Technology (continued) |
| Cohesity Global, Inc.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Series G1<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75723 | &nbsp;&nbsp;$1504995 |
|  |  | &nbsp;&nbsp;**$3683354** |
| Total Preferred Stocks<br> (identified cost $20,678,429) |  | &nbsp;&nbsp;**$14934863** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Senior Floating-Rate Loans — 113.8%<sup>(8)</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace and Defense — 3.4% | Aerospace and Defense — 3.4% | Aerospace and Defense — 3.4% | Aerospace and Defense — 3.4% |
| Aernnova Aerospace SAU, Term Loan, 6.103%, (3 mo. EURIBOR + 4.00%), 2/27/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7550 | &nbsp;&nbsp;$8801509 |
| Air Comm Corp. LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.423% - 6.45%, (3 mo. USD Term SOFR + 2.75%), 12/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17755 | &nbsp;&nbsp;&nbsp;&nbsp; 17849034 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/11/31<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868 | &nbsp;&nbsp;&nbsp;&nbsp; 872300 |
| HDI Aerospace Intermediate Holding III Corp., Term Loan, 7.424%, (3 mo. USD Term SOFR + 3.75%), 2/11/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8242 | &nbsp;&nbsp;&nbsp;&nbsp; 8289799 |
| Kaman Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 2/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16346 | &nbsp;&nbsp;&nbsp;&nbsp; 16435264 |
| &nbsp;&nbsp;&nbsp;Term Loan, 2/26/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1572 | &nbsp;&nbsp;&nbsp;&nbsp; 1580149 |
| PMI (US) Bidco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.924%, (U.S. (Fed) Prime Rate + 0.17%), 3/16/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8233 | &nbsp;&nbsp;&nbsp;&nbsp; 8294504 |
| &nbsp;&nbsp;&nbsp;Term Loan, 3/16/33<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1317 | &nbsp;&nbsp;&nbsp;&nbsp; 1327121 |
| Propulsion (BC) Finco SARL, Term Loan, 12/1/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2315 | &nbsp;&nbsp;&nbsp;&nbsp; 2330198 |
| TransDigm, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/22/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36797 | &nbsp;&nbsp;&nbsp;&nbsp; 36895099 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/28/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26421 | &nbsp;&nbsp;&nbsp;&nbsp; 26490375 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 8/19/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8229 | &nbsp;&nbsp;&nbsp;&nbsp; 8252654 |
| VistaJet Malta Finance PLC, Term Loan, 7.442%, (3 mo. USD Term SOFR + 3.75%), 4/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21941 | &nbsp;&nbsp;&nbsp;&nbsp; 21803731 |
|  |  |  | &nbsp;&nbsp;**$159221737** |
| Airlines — 0.4% | Airlines — 0.4% | Airlines — 0.4% | Airlines — 0.4% |
| American Airlines, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.925%, (3 mo. USD Term SOFR + 2.25%), 4/20/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13525 | &nbsp;&nbsp;$13469297 |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Airlines (continued) | Airlines (continued) | Airlines (continued) | Airlines (continued) |
| American Airlines, Inc.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.425%, (3 mo. USD Term SOFR + 2.75%), 5/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2970 | &nbsp;&nbsp;$2962263 |
|  |  |  | &nbsp;&nbsp;**$16431560** |
| Apparel & Luxury Goods — 0.9% | Apparel & Luxury Goods — 0.9% | Apparel & Luxury Goods — 0.9% | Apparel & Luxury Goods — 0.9% |
| Beach Acquisition Bidco LLC, Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 9/12/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15037 | &nbsp;&nbsp;$15126634 |
| Gloves Buyer, Inc., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 5/21/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28063 | &nbsp;&nbsp;&nbsp;&nbsp; 28095472 |
|  |  |  | &nbsp;&nbsp;**$43222106** |
| Auto Components — 1.8% | Auto Components — 1.8% | Auto Components — 1.8% | Auto Components — 1.8% |
| Adient U.S. LLC, Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18853 | &nbsp;&nbsp;$18907799 |
| Autokiniton U.S. Holdings, Inc., Term Loan, 7.767%, (1 mo. USD Term SOFR + 4.00%), 4/6/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6251 | &nbsp;&nbsp;&nbsp;&nbsp; 6195894 |
| Clarios Global LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.01%, (1 mo. EURIBOR + 3.00%), 7/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2236 | &nbsp;&nbsp;&nbsp;&nbsp; 2645095 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/6/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402 | &nbsp;&nbsp;&nbsp;&nbsp; 403866 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 1/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15423 | &nbsp;&nbsp;&nbsp;&nbsp; 15515729 |
| DexKo Global, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.90%, (3 mo. EURIBOR + 4.75%), 10/6/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3156 | &nbsp;&nbsp;&nbsp;&nbsp; 3634147 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.90%, (3 mo. EURIBOR + 4.75%), 10/6/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2149 | &nbsp;&nbsp;&nbsp;&nbsp; 2474604 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.163%, (3 mo. USD Term SOFR + 4.50%), 10/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7624 | &nbsp;&nbsp;&nbsp;&nbsp; 7265025 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.663%, (3 mo. USD Term SOFR + 5.00%), 10/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1309 | &nbsp;&nbsp;&nbsp;&nbsp; 1253599 |
| First Brands Group LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;DIP Loan, 13.657%, (1 mo. USD Term SOFR + 10.00%), 6/29/26 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1360 | &nbsp;&nbsp;&nbsp;&nbsp; 336138 |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 3/30/27<sup>(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268 | &nbsp;&nbsp;&nbsp;&nbsp; 624 |
| Garrett LX I SARL, Term Loan, 5.663%, (3 mo. USD Term SOFR + 2.00%), 1/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5683 | &nbsp;&nbsp;&nbsp;&nbsp; 5703837 |
| Lippert Colipper, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/25/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4703 | &nbsp;&nbsp;&nbsp;&nbsp; 4708467 |
| RealTruck Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.517%, (3 mo. USD Term SOFR + 4.75%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8377 | &nbsp;&nbsp;&nbsp;&nbsp; 4886706 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.767%, (3 mo. USD Term SOFR + 6.00%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8771 | &nbsp;&nbsp;&nbsp;&nbsp; 5106915 |
| &nbsp;&nbsp;&nbsp;Term Loan, 1/31/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5924 | &nbsp;&nbsp;&nbsp;&nbsp; 5996555 |
|  |  |  | &nbsp;&nbsp;**$85035000** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Automobiles — 0.4% | Automobiles — 0.4% | Automobiles — 0.4% | Automobiles — 0.4% |
| Bombardier Recreational Products, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 1/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9749 | &nbsp;&nbsp;$9740871 |
| MajorDrive Holdings IV LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.961%, (3 mo. USD Term SOFR + 4.00%), 6/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9242 | &nbsp;&nbsp;&nbsp;&nbsp; 8842614 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.35%, (3 mo. USD Term SOFR + 5.50%), 6/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1458 | &nbsp;&nbsp;&nbsp;&nbsp; 1395043 |
|  |  |  | &nbsp;&nbsp;**$19978528** |
| Beverages — 0.2% | Beverages — 0.2% | Beverages — 0.2% | Beverages — 0.2% |
| Arterra Wines Canada, Inc., Term Loan, 7.461%, (3 mo. USD Term SOFR + 3.50%), 11/24/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3313 | &nbsp;&nbsp;$3255747 |
| City Brewing Co. LLC, Term Loan, 10.673%, (3 mo. USD Term SOFR + 7.00%), 9/30/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3909 | &nbsp;&nbsp;&nbsp;&nbsp; 586387 |
| Primo Brands Corp., Term Loan, 6.432%, (3 mo. USD Term SOFR + 2.75%), 3/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5050 | &nbsp;&nbsp;&nbsp;&nbsp; 5087673 |
|  |  |  | &nbsp;&nbsp;**$8929807** |
| Biotechnology — 0.8% | Biotechnology — 0.8% | Biotechnology — 0.8% | Biotechnology — 0.8% |
| Alkermes, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 8/12/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8425 | &nbsp;&nbsp;$8498761 |
| Alltech, Inc., Term Loan, 8.017%, (1 mo. USD Term SOFR + 4.25%), 8/13/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22481 | &nbsp;&nbsp;&nbsp;&nbsp; 22586705 |
| Grifols Worldwide Operations USA, Inc., Term Loan, 5.198%, (3 mo. EURIBOR + 3.00%), 4/14/33 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3600 | &nbsp;&nbsp;&nbsp;&nbsp; 4252856 |
|  |  |  | &nbsp;&nbsp;**$35338322** |
| Broadline Retail — 1.0% | Broadline Retail — 1.0% | Broadline Retail — 1.0% | Broadline Retail — 1.0% |
| Peer Holding III BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.877%, (3 mo. EURIBOR + 2.75%), 11/26/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7550 | &nbsp;&nbsp;$8910367 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.877%, (3 mo. EURIBOR + 2.75%), 9/29/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3825 | &nbsp;&nbsp;&nbsp;&nbsp; 4514776 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 10/28/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14333 | &nbsp;&nbsp;&nbsp;&nbsp; 14393413 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 7/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18590 | &nbsp;&nbsp;&nbsp;&nbsp; 18664046 |
|  |  |  | &nbsp;&nbsp;**$46482602** |
| Building Products — 0.4% | Building Products — 0.4% | Building Products — 0.4% | Building Products — 0.4% |
| Gibraltar Industries, Inc., Term Loan, 5.902% - 5.915%, (1 mo. USD Term SOFR + 2.25%), 2/2/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6208 | &nbsp;&nbsp;$6215452 |
| LBM Acquisition LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 6/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6444 | &nbsp;&nbsp;&nbsp;&nbsp; 5416284 |

---

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Building Products (continued) | Building Products (continued) | Building Products (continued) | Building Products (continued) |
| MI Windows & Doors LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/28/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5446 | &nbsp;&nbsp;$5366161 |
| Tarkett Participation, Term Loan, 5.252%, (3 mo. EURIBOR + 3.13%), 4/22/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 588750 |
|  |  |  | &nbsp;&nbsp;**$17586647** |
| Capital Markets — 4.9% | Capital Markets — 4.9% | Capital Markets — 4.9% | Capital Markets — 4.9% |
| AllSpring Buyer LLC, Term Loan, 6.75%, (3 mo. USD Term SOFR + 3.00%), 11/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21994 | &nbsp;&nbsp;$22111862 |
| Apex Group Treasury LLC, Term Loan, 2/27/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6774 | &nbsp;&nbsp;&nbsp;&nbsp; 6384236 |
| Aretec Group, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 8/9/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10769 | &nbsp;&nbsp;&nbsp;&nbsp; 10806559 |
| Chicago U.S. Midco III LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11/1/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3657 | &nbsp;&nbsp;&nbsp;&nbsp; 3665125 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11/1/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543 | &nbsp;&nbsp;&nbsp;&nbsp; 544325 |
| Citco Funding LLC, Term Loan, 5.663%, (3 mo. USD Term SOFR + 2.00%), 1/30/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8429 | &nbsp;&nbsp;&nbsp;&nbsp; 8459008 |
| Edelman Financial Center LLC, Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 12/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18316 | &nbsp;&nbsp;&nbsp;&nbsp; 18362229 |
| EIG Management Co. LLC, Term Loan, 8.652%, (1 mo. USD Term SOFR + 5.00%), 5/17/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4633 | &nbsp;&nbsp;&nbsp;&nbsp; 4612435 |
| FinCo I LLC, Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 6/27/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38 | &nbsp;&nbsp;&nbsp;&nbsp; 38075 |
| Focus Financial Partners LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18750 | &nbsp;&nbsp;&nbsp;&nbsp; 18631788 |
| Franklin Square Holdings LP, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 4/25/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9478 | &nbsp;&nbsp;&nbsp;&nbsp; 8814431 |
| Guggenheim Partners LLC, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45328 | &nbsp;&nbsp;&nbsp;&nbsp; 45498225 |
| HighTower Holdings LLC, Term Loan, 6.413%, (3 mo. USD Term SOFR + 2.75%), 2/3/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12835 | &nbsp;&nbsp;&nbsp;&nbsp; 12842873 |
| Jupiter Borrower, Inc., Term Loan, 3/25/33<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6850 | &nbsp;&nbsp;&nbsp;&nbsp; 6884250 |
| Kestra Advisor Services Holdings A, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 3/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10176 | &nbsp;&nbsp;&nbsp;&nbsp; 10207840 |
| Mariner Wealth Advisors LLC , Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 12/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17101 | &nbsp;&nbsp;&nbsp;&nbsp; 17177587 |
| NEXUS Buyer LLC, Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 7/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8549 | &nbsp;&nbsp;&nbsp;&nbsp; 8398117 |
| Orion Advisor Solutions, Inc., Term Loan, 6.413%, (3 mo. USD Term SOFR + 2.75%), 9/24/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11111 | &nbsp;&nbsp;&nbsp;&nbsp; 11115357 |
| Orion U.S. Finco, Inc., Term Loan, 7.169%, (3 mo. USD Term SOFR + 3.50%), 10/8/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12275 | &nbsp;&nbsp;&nbsp;&nbsp; 12280769 |
|  |  |  | &nbsp;&nbsp;**$226835091** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Chemicals — 2.1% | Chemicals — 2.1% | Chemicals — 2.1% | Chemicals — 2.1% |
| Axalta Coating Systems U.S. Holdings, Inc., Term Loan, 5.45%, (3 mo. USD Term SOFR + 1.75%), 12/20/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2721 | &nbsp;&nbsp;$2729068 |
| Charter NEX U.S., Inc., Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%), 11/29/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25955 | &nbsp;&nbsp;&nbsp;&nbsp; 25992776 |
| Chemours Co., Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/15/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9692 | &nbsp;&nbsp;&nbsp;&nbsp; 9687467 |
| CP Iris HoldCo I, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 10/27/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14280 | &nbsp;&nbsp;&nbsp;&nbsp; 14137200 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10/27/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp; 415800 |
| Discovery Purchaser Corp., Term Loan, 7.414%, (3 mo. USD Term SOFR + 3.75%), 10/4/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6950 | &nbsp;&nbsp;&nbsp;&nbsp; 6895244 |
| ECO Services Operations Corp., Term Loan, 5.663%, (3 mo. USD Term SOFR + 2.00%), 6/12/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;772 | &nbsp;&nbsp;&nbsp;&nbsp; 774053 |
| INEOS U.S. Finance LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 2/18/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11721 | &nbsp;&nbsp;&nbsp;&nbsp; 10944450 |
| Lonza Group AG, Term Loan, 7.725%, (3 mo. USD Term SOFR + 3.93%), 7/3/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 | &nbsp;&nbsp;&nbsp;&nbsp; 11637 |
| Minerals Technologies, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 11/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6394 | &nbsp;&nbsp;&nbsp;&nbsp; 6418040 |
| Olympus Water U.S. Holding Corp., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 6/20/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4202 | &nbsp;&nbsp;&nbsp;&nbsp; 4159654 |
| SCUR-Alpha 1503 GmbH, Term Loan, 9.163%, (3 mo. USD Term SOFR + 5.50%), 3/29/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8378 | &nbsp;&nbsp;&nbsp;&nbsp; 7401391 |
| W.R. Grace & Co.-Conn., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/19/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8035 | &nbsp;&nbsp;&nbsp;&nbsp; 8053024 |
|  |  |  | &nbsp;&nbsp;**$97619804** |
| Commercial Services & Supplies — 4.7% | Commercial Services & Supplies — 4.7% | Commercial Services & Supplies — 4.7% | Commercial Services & Supplies — 4.7% |
| Albion Financing 3 SARL, Term Loan, 6.664%, (3 mo. USD Term SOFR + 3.00%), 5/21/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26934 | &nbsp;&nbsp;$27099239 |
| Allied Universal Holdco LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 8/20/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23383 | &nbsp;&nbsp;&nbsp;&nbsp; 23476264 |
| Anticimex International AB, Term Loan, 6.56%, (3 mo. USD Term SOFR + 2.90%), 11/17/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10324 | &nbsp;&nbsp;&nbsp;&nbsp; 10367541 |
| Belfor Holdings, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 11/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7281 | &nbsp;&nbsp;&nbsp;&nbsp; 7330028 |
| EnergySolutions LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 9/20/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14134 | &nbsp;&nbsp;&nbsp;&nbsp; 14209278 |
| Foundever Group: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.88%, (3 mo. EURIBOR + 3.75%), 8/28/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4575 | &nbsp;&nbsp;&nbsp;&nbsp; 2801053 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.711%, (3 mo. USD Term SOFR + 3.75%), 8/28/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15509 | &nbsp;&nbsp;&nbsp;&nbsp; 9073006 |
| Garda World Security Corp., Term Loan, 6.419%, (3 mo. USD Term SOFR + 2.75%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23871 | &nbsp;&nbsp;&nbsp;&nbsp; 23885968 |

---

*20*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) |
| Gategroup Fin Luxembourg SA, Term Loan, 7.192%, (3 mo. USD Term SOFR + 3.50%), 6/10/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2978 | &nbsp;&nbsp;$2993676 |
| Geosyntec Consultants, Term Loan, 6.652% - 6.657%, (1 mo. USD Term SOFR + 3.00%), 7/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1517 | &nbsp;&nbsp;&nbsp;&nbsp; 1525910 |
| GFL Environmental, Inc., Term Loan, 6.166%, (3 mo. USD Term SOFR + 2.50%), 3/3/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24004 | &nbsp;&nbsp;&nbsp;&nbsp; 24086950 |
| Harsco Corp., Term Loan, 6.017%, (1 mo. USD Term SOFR + 2.25%), 6/9/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;869 | &nbsp;&nbsp;&nbsp;&nbsp; 869362 |
| Heritage-Crystal Clean, Inc., Term Loan, 7.461%, (3 mo. USD Term SOFR + 3.75%), 10/17/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20358 | &nbsp;&nbsp;&nbsp;&nbsp; 20460066 |
| LSF12 Crown U.S. Commercial Bidco LLC, Term Loan, 6.665%, (1 mo. USD Term SOFR + 3.00%), 12/2/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29063 | &nbsp;&nbsp;&nbsp;&nbsp; 29262410 |
| Monitronics International, Inc., Term Loan, 11.414% - 11.461%, (1 mo. USD Term SOFR + 7.50%, 3 mo. USD Term SOFR + 7.50%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2046 | &nbsp;&nbsp;&nbsp;&nbsp; 2044875 |
| MV Holding GmbH, Term Loan, 4.01%, (1 mo. EURIBOR + 2.00%), 3/17/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2025 | &nbsp;&nbsp;&nbsp;&nbsp; 2397650 |
| Prime Security Services Borrower LLC, Term Loan, 5.657%, (1 mo. USD Term SOFR + 2.00%), 10/13/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5385 | &nbsp;&nbsp;&nbsp;&nbsp; 5396145 |
| Tidal Waste & Recycling Holdings LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9213 | &nbsp;&nbsp;&nbsp;&nbsp; 9244972 |
|  |  |  | &nbsp;&nbsp;**$216524393** |
| Communications Equipment — 0.1% | Communications Equipment — 0.1% | Communications Equipment — 0.1% | Communications Equipment — 0.1% |
| Viavi Solutions, Inc., Term Loan, 6.18%, (3 mo. USD Term SOFR + 2.50%), 10/16/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6206 | &nbsp;&nbsp;$6246994 |
|  |  |  | &nbsp;&nbsp;**$6246994** |
| Construction Materials — 0.9% | Construction Materials — 0.9% | Construction Materials — 0.9% | Construction Materials — 0.9% |
| Knife River HoldCo, Term Loan, 5.669%, (3 mo. USD Term SOFR + 2.00%), 3/8/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3242 | &nbsp;&nbsp;$3265562 |
| Quikrete Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/19/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12496 | &nbsp;&nbsp;&nbsp;&nbsp; 12523162 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 4/14/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46 | &nbsp;&nbsp;&nbsp;&nbsp; 45985 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/10/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21854 | &nbsp;&nbsp;&nbsp;&nbsp; 21897303 |
| Smyrna Ready Mix Concrete LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 4/2/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1836 | &nbsp;&nbsp;&nbsp;&nbsp; 1840111 |
|  |  |  | &nbsp;&nbsp;**$39572123** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Consumer Staples Distribution & Retail — 0.7% | Consumer Staples Distribution & Retail — 0.7% | Consumer Staples Distribution & Retail — 0.7% | Consumer Staples Distribution & Retail — 0.7% |
| Boots Group Bidco Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.40%, (3 mo. EURIBOR + 3.25%), 8/30/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8925 | &nbsp;&nbsp;$10591251 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.924%, (3 mo. USD Term SOFR + 3.25%), 8/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21222 | &nbsp;&nbsp;&nbsp;&nbsp; 21371108 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.231%, (1 mo. GBP SONIA + 4.50%), 8/30/32 | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 2057525 |
|  |  |  | &nbsp;&nbsp;**$34019884** |
| Containers & Packaging — 3.3% | Containers & Packaging — 3.3% | Containers & Packaging — 3.3% | Containers & Packaging — 3.3% |
| Altium Packaging LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 6/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8810 | &nbsp;&nbsp;$8611539 |
| Berlin Packaging LLC, Term Loan, 6.879% - 6.95%, (1 mo. USD Term SOFR + 3.25%, 3 mo. USD Term SOFR + 3.25%), 6/7/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18836 | &nbsp;&nbsp;&nbsp;&nbsp; 18586227 |
| Clydesdale Acquisition Holdings, Inc., Term Loan, 6.827%, (1 mo. USD Term SOFR + 3.18%), 4/13/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28684 | &nbsp;&nbsp;&nbsp;&nbsp; 27444880 |
| Owens-Illinois, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 9/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10755 | &nbsp;&nbsp;&nbsp;&nbsp; 10634439 |
| Pelican Products, Inc., Term Loan, 12/29/28<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5764 | &nbsp;&nbsp;&nbsp;&nbsp; 5469783 |
| Pregis TopCo Corp., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15791 | &nbsp;&nbsp;&nbsp;&nbsp; 15812766 |
| Proampac PG Borrower LLC, Term Loan, 7.652% - 7.663%, (1 mo. USD Term SOFR + 4.00%, 3 mo. USD Term SOFR + 4.00%), 3/7/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24975 | &nbsp;&nbsp;&nbsp;&nbsp; 24456769 |
| Sword Purchaser LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 4/11/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27550 | &nbsp;&nbsp;&nbsp;&nbsp; 26792375 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/11/33<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4950 | &nbsp;&nbsp;&nbsp;&nbsp; 5720011 |
| Trivium Packaging BV, Term Loan, 5.92%, (3 mo. EURIBOR + 3.75%), 5/28/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7175 | &nbsp;&nbsp;&nbsp;&nbsp; 8446494 |
|  |  |  | &nbsp;&nbsp;**$151975283** |
| Distributors — 0.7% | Distributors — 0.7% | Distributors — 0.7% | Distributors — 0.7% |
| Parts Europe SA, Term Loan, 4.92%, (3 mo. EURIBOR + 2.75%), 2/6/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19225 | &nbsp;&nbsp;$22771337 |
| Phillips Feed Service, Inc., Term Loan, 14.00%, (3 mo. USD Term SOFR + 10.00%), 11/13/26<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529 | &nbsp;&nbsp;&nbsp;&nbsp; 323415 |
| Rubix Group Midco 3 Ltd., Term Loan, 5.481%, (3 mo. EURIBOR + 3.50%), 9/30/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8000 | &nbsp;&nbsp;&nbsp;&nbsp; 9352861 |
|  |  |  | &nbsp;&nbsp;**$32447613** |
| Diversified Consumer Services — 2.0% | Diversified Consumer Services — 2.0% | Diversified Consumer Services — 2.0% | Diversified Consumer Services — 2.0% |
| Ascend Learning LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 12/11/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15435 | &nbsp;&nbsp;$15192724 |

---

*21*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Diversified Consumer Services (continued) | Diversified Consumer Services (continued) | Diversified Consumer Services (continued) | Diversified Consumer Services (continued) |
| Belron Finance 2019 LLC, Term Loan, 5.66%, (3 mo. USD Term SOFR + 2.00%), 10/16/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4925 | &nbsp;&nbsp;$4955117 |
| Belron Finance U.S. LLC, Term Loan, 4.27%, (3 mo. EURIBOR + 2.25%), 10/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11250 | &nbsp;&nbsp;&nbsp;&nbsp; 13273670 |
| Fugue Finance BV, Term Loan, 5.921%, (3 mo. USD Term SOFR + 2.25%), 1/9/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24777 | &nbsp;&nbsp;&nbsp;&nbsp; 24733968 |
| Lernen Bidco Ltd., Term Loan, 7.41%, (6 mo. USD Term SOFR + 3.50%), 10/27/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6715 | &nbsp;&nbsp;&nbsp;&nbsp; 6581115 |
| Spring Education Group, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 10/4/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8189 | &nbsp;&nbsp;&nbsp;&nbsp; 8141480 |
| Wand NewCo 3, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17937 | &nbsp;&nbsp;&nbsp;&nbsp; 17984302 |
|  |  |  | &nbsp;&nbsp;**$90862376** |
| Diversified Telecommunication Services — 0.6% | Diversified Telecommunication Services — 0.6% | Diversified Telecommunication Services — 0.6% | Diversified Telecommunication Services — 0.6% |
| Altice France SA, Term Loan, 9.048%, (3 mo. USD Term SOFR + 5.38%), 5/14/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4862 | &nbsp;&nbsp;$4898054 |
| Level 3 Financing, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 3/29/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16350 | &nbsp;&nbsp;&nbsp;&nbsp; 16425864 |
| Virgin Media Bristol LLC, Term Loan, 6.967%, (6 mo. USD Term SOFR + 3.18%), 3/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4843 | &nbsp;&nbsp;&nbsp;&nbsp; 4543761 |
|  |  |  | &nbsp;&nbsp;**$25867679** |
| Electric Utilities — 0.7% | Electric Utilities — 0.7% | Electric Utilities — 0.7% | Electric Utilities — 0.7% |
| MRP Buyer LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.942% - 9.95%, (3 mo. USD Term SOFR + 3.25%), 6/4/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3387 | &nbsp;&nbsp;$3403483 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 6/4/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26556 | &nbsp;&nbsp;&nbsp;&nbsp; 26688292 |
|  |  |  | &nbsp;&nbsp;**$30091775** |
| Electrical Equipment — 1.5% | Electrical Equipment — 1.5% | Electrical Equipment — 1.5% | Electrical Equipment — 1.5% |
| Dynamo Newco II GmbH, Term Loan, 6.907%, (1 mo. USD Term SOFR + 3.25%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8048 | &nbsp;&nbsp;$7222998 |
| Finco Utilitas BV, Term Loan, 9/27/30<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7700 | &nbsp;&nbsp;&nbsp;&nbsp; 9065343 |
| Kohler Energy Co. LLC, Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 5/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24831 | &nbsp;&nbsp;&nbsp;&nbsp; 24912054 |
| Nvent Electric PLC, Term Loan, 6.665%, (1 mo. USD Term SOFR + 3.00%), 1/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11208 | &nbsp;&nbsp;&nbsp;&nbsp; 11249873 |
| SGB-SMIT Midco GmbH, Term Loan, 3/10/33<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6675 | &nbsp;&nbsp;&nbsp;&nbsp; 7909202 |
| WEC U.S. Holdings Ltd., Term Loan, 5.665%, (1 mo. USD Term SOFR + 2.00%), 1/27/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10623 | &nbsp;&nbsp;&nbsp;&nbsp; 10657807 |
|  |  |  | &nbsp;&nbsp;**$71017277** |
| Electronic Equipment, Instruments & Components — 1.7% | Electronic Equipment, Instruments & Components — 1.7% | Electronic Equipment, Instruments & Components — 1.7% | Electronic Equipment, Instruments & Components — 1.7% |
| Chamberlain Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 9/8/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27509 | &nbsp;&nbsp;$27513166 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Electronic Equipment, Instruments & Components (continued) | Electronic Equipment, Instruments & Components (continued) | Electronic Equipment, Instruments & Components (continued) | Electronic Equipment, Instruments & Components (continued) |
| Creation Technologies, Inc., Term Loan, 9.436%, (3 mo. USD Term SOFR + 5.50%), 10/5/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15120 | &nbsp;&nbsp;$15034745 |
| Ingram Micro, Inc., Term Loan, 5.935%, (3 mo. USD Term SOFR + 2.25%), 9/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1843 | &nbsp;&nbsp;&nbsp;&nbsp; 1856642 |
| Range Red Operating, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.761%, (3 mo. USD Term SOFR + 8.00%), 10/1/29<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4296 | &nbsp;&nbsp;&nbsp;&nbsp; 3436807 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 11.761%, (3 mo. USD Term SOFR + 8.00%), 10/1/29<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16279 | &nbsp;&nbsp;&nbsp;&nbsp; 13022998 |
| Sector Alarm Holding AS, Term Loan, 5.011%, (3 mo. EURIBOR + 3.00%), 6/14/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp; 1323109 |
| Spectris PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.377%, (3 mo. EURIBOR + 3.25%), 12/6/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3350 | &nbsp;&nbsp;&nbsp;&nbsp; 3969648 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 12/6/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5461 | &nbsp;&nbsp;&nbsp;&nbsp; 5488646 |
| Verifone Systems, Inc., Term Loan, 9.175%, (3 mo. USD Term SOFR + 5.25%), 8/18/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9268 | &nbsp;&nbsp;&nbsp;&nbsp; 8813593 |
|  |  |  | &nbsp;&nbsp;**$80459354** |
| Energy Equipment & Services — 0.4% | Energy Equipment & Services — 0.4% | Energy Equipment & Services — 0.4% | Energy Equipment & Services — 0.4% |
| PG Investment Co. 59 SARL, Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 3/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17835 | &nbsp;&nbsp;$17948182 |
|  |  |  | &nbsp;&nbsp;**$17948182** |
| Engineering & Construction — 2.4% | Engineering & Construction — 2.4% | Engineering & Construction — 2.4% | Engineering & Construction — 2.4% |
| American Residential Services LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 2/2/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12096 | &nbsp;&nbsp;$12126321 |
| Artera Services LLC, Term Loan, 8.152%, (1 mo. USD Term SOFR + 4.50%), 2/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10437 | &nbsp;&nbsp;&nbsp;&nbsp; 8971595 |
| Azuria Water Solutions, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/25/33<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21551 | &nbsp;&nbsp;&nbsp;&nbsp; 21578410 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/25/33<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2874 | &nbsp;&nbsp;&nbsp;&nbsp; 2877121 |
| Brand Industrial Services, Inc., Term Loan, 8/1/30<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7375 | &nbsp;&nbsp;&nbsp;&nbsp; 6424731 |
| Construction Partners, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 11/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6443 | &nbsp;&nbsp;&nbsp;&nbsp; 6491763 |
| Crown Subsea Communications Holding, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 1/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6484 | &nbsp;&nbsp;&nbsp;&nbsp; 6536988 |
| Green Infrastructure Partners, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 9/24/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12225 | &nbsp;&nbsp;&nbsp;&nbsp; 12270844 |
| New Arclin U.S. Holding Corp., Term Loan, 8.165%, (1 mo. USD Term SOFR + 4.50%), 4/1/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6375 | &nbsp;&nbsp;&nbsp;&nbsp; 5992500 |

---

*22*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Engineering & Construction (continued) | Engineering & Construction (continued) | Engineering & Construction (continued) | Engineering & Construction (continued) |
| Northstar Group Services, Inc., Term Loan, 8.413%, (3 mo. USD Term SOFR + 4.75%), 5/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21115 | &nbsp;&nbsp;$21247463 |
| Salas O'Brien, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 1/31/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4318 | &nbsp;&nbsp;&nbsp;&nbsp; 4339446 |
| &nbsp;&nbsp;&nbsp;Term Loan, 1/31/33<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;557 | &nbsp;&nbsp;&nbsp;&nbsp; 559929 |
|  |  |  | &nbsp;&nbsp;**$109417111** |
| Entertainment — 3.2% | Entertainment — 3.2% | Entertainment — 3.2% | Entertainment — 3.2% |
| Creative Artists Agency LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 10/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16345 | &nbsp;&nbsp;$16411795 |
| Electronic Arts, Inc., Term Loan, 3/24/33<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22250 | &nbsp;&nbsp;&nbsp;&nbsp; 22283375 |
| EOC Borrower LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/24/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46970 | &nbsp;&nbsp;&nbsp;&nbsp; 47222527 |
| Motogp Sports Entertainment Group SL, Term Loan, 4.874%, (6 mo. EURIBOR + 2.75%), 8/18/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2725 | &nbsp;&nbsp;&nbsp;&nbsp; 3222598 |
| Playtika Holding Corp., Term Loan, 6.517%, (1 mo. USD Term SOFR + 2.75%), 3/13/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7440 | &nbsp;&nbsp;&nbsp;&nbsp; 7173489 |
| Pretzel Parent, Inc., Term Loan, 8.152%, (1 mo. USD Term SOFR + 4.50%), 10/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9785 | &nbsp;&nbsp;&nbsp;&nbsp; 9143072 |
| TKO Worldwide Holdings LLC, Term Loan, 5.664%, (3 mo. USD Term SOFR + 2.00%), 11/21/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32446 | &nbsp;&nbsp;&nbsp;&nbsp; 32570139 |
| Varsity Brands, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 8/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12652 | &nbsp;&nbsp;&nbsp;&nbsp; 12647732 |
|  |  |  | &nbsp;&nbsp;**$150674727** |
| Financial Services — 1.9% | Financial Services — 1.9% | Financial Services — 1.9% | Financial Services — 1.9% |
| CPI Holdco B LLC, Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 5/19/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30525 | &nbsp;&nbsp;$30556521 |
| NCR Atleos LLC, Term Loan, 6.686%, (3 mo. USD Term SOFR + 3.00%), 4/16/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10596 | &nbsp;&nbsp;&nbsp;&nbsp; 10605456 |
| Nuvei Technologies Corp., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 11/17/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1492 | &nbsp;&nbsp;&nbsp;&nbsp; 1475885 |
| Planet U.S. Buyer LLC, Term Loan, 6.673%, (3 mo. USD Term SOFR + 3.00%), 2/7/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12490 | &nbsp;&nbsp;&nbsp;&nbsp; 12557196 |
| Shift4 Payments LLC, Term Loan, 5.674%, (3 mo. USD Term SOFR + 2.00%), 7/3/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3342 | &nbsp;&nbsp;&nbsp;&nbsp; 3359035 |
| Synechron, Inc., Term Loan, 7.45%, (3 mo. USD Term SOFR + 3.75%), 10/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12985 | &nbsp;&nbsp;&nbsp;&nbsp; 11999978 |
| TMF Group Holding BV, Term Loan, 6.427% - 6.429%, (3 mo. USD Term SOFR + 2.75%), 5/3/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7590 | &nbsp;&nbsp;&nbsp;&nbsp; 7621114 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Financial Services (continued) | Financial Services (continued) | Financial Services (continued) | Financial Services (continued) |
| Walker & Dunlop, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 3/14/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7831 | &nbsp;&nbsp;$7850327 |
| WEX, Inc., Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 3/5/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3898 | &nbsp;&nbsp;&nbsp;&nbsp; 3895307 |
|  |  |  | &nbsp;&nbsp;**$89920819** |
| Food Products — 2.1% | Food Products — 2.1% | Food Products — 2.1% | Food Products — 2.1% |
| CHG PPC Parent LLC, Term Loan, 6.767%, (1 mo. USD Term SOFR + 3.00%), 12/8/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6070 | &nbsp;&nbsp;$6094163 |
| Del Monte Foods, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 8/2/28<sup>(5)(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1360 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 8/2/28<sup>(5)(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;941 | &nbsp;&nbsp;&nbsp;&nbsp; 571238 |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.265%, (1 mo. USD Term SOFR + 9.50%), 6/1/26<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3847 | &nbsp;&nbsp;&nbsp;&nbsp; 2335022 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 0.00%, 8/2/28<sup>(5)(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6459 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Froneri Lux Finco SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.877%, (6 mo. USD Term SOFR + 2.25%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8530 | &nbsp;&nbsp;&nbsp;&nbsp; 8480440 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.877%, (6 mo. USD Term SOFR + 2.25%), 9/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10574 | &nbsp;&nbsp;&nbsp;&nbsp; 10516773 |
| Golden State Food LLC, Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 12/4/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10033 | &nbsp;&nbsp;&nbsp;&nbsp; 10092671 |
| Monogram Food Solutions LLC, Term Loan, 7.517%, (1 mo. USD Term SOFR + 3.75%), 8/28/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp; 1726712 |
| Newly Weds Foods, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/15/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12853 | &nbsp;&nbsp;&nbsp;&nbsp; 12881023 |
| Nomad Foods Europe Midco Ltd., Term Loan, 6.276%, (6 mo. USD Term SOFR + 2.50%), 10/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13890 | &nbsp;&nbsp;&nbsp;&nbsp; 13560455 |
| PFI Lower Midco LLC, Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 12/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8579 | &nbsp;&nbsp;&nbsp;&nbsp; 8648243 |
| Treehouse Foods, Inc., Term Loan, 7.902%, (1 mo. USD Term SOFR + 4.25%), 2/11/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12825 | &nbsp;&nbsp;&nbsp;&nbsp; 12947286 |
| Valeo F1 Co. Ltd. (Ireland), Term Loan, 8.727%, (1 day GBP SONIA + 5.00%), 9/30/31 | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 7292380 |
|  |  |  | &nbsp;&nbsp;**$95146406** |
| Gas Utilities — 0.0%<sup>†</sup> | Gas Utilities — 0.0%<sup>†</sup> | Gas Utilities — 0.0%<sup>†</sup> | Gas Utilities — 0.0%<sup>†</sup> |
| Stonepeak Bayou Holdings LP, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1809 | &nbsp;&nbsp;$1790698 |
|  |  |  | &nbsp;&nbsp;**$1790698** |
| Ground Transportation — 0.2% | Ground Transportation — 0.2% | Ground Transportation — 0.2% | Ground Transportation — 0.2% |
| Student Transportation of America Holdings, Inc., Term Loan, 6.424%, (3 mo. USD Term SOFR + 2.75%), 6/24/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11141 | &nbsp;&nbsp;$11233813 |
|  |  |  | &nbsp;&nbsp;**$11233813** |

---

*23*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care Equipment & Supplies — 1.2% | Health Care Equipment & Supplies — 1.2% | Health Care Equipment & Supplies — 1.2% | Health Care Equipment & Supplies — 1.2% |
| Bausch & Lomb Corp., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 1/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24745 | &nbsp;&nbsp;$24919428 |
| Hologic, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.825%, (3 mo. EURIBOR + 2.75%), 4/7/33 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1850 | &nbsp;&nbsp;&nbsp;&nbsp; 2174954 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.924%, (3 mo. USD Term SOFR + 2.25%), 4/7/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21140 | &nbsp;&nbsp;&nbsp;&nbsp; 21047618 |
| Journey Personal Care Corp., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 3/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9723 | &nbsp;&nbsp;&nbsp;&nbsp; 9577065 |
| Medline Borrower LP, Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 10/23/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp; 20507 |
|  |  |  | &nbsp;&nbsp;**$57739572** |
| Health Care Providers & Services — 7.1% | Health Care Providers & Services — 7.1% | Health Care Providers & Services — 7.1% | Health Care Providers & Services — 7.1% |
| AEA International Holdings (Lux) SARL, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 9/7/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14490 | &nbsp;&nbsp;$14489990 |
| Cano Health LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.509% - 11.743%, (3 mo. USD Term SOFR + 8.00%), 6/28/29<sup>(5)(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2435 | &nbsp;&nbsp;&nbsp;&nbsp; 2435467 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.70%, (3 mo. USD Term SOFR + 8.00%), 6/28/29<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2408 | &nbsp;&nbsp;&nbsp;&nbsp; 919959 |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.70%, (3 mo. USD Term SOFR + 10.00%), 6/28/29<sup>(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1865 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| CHG Healthcare Services, Inc., Term Loan, 9/29/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075 | &nbsp;&nbsp;&nbsp;&nbsp; 1072313 |
| Concentra Health Services, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 7/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4715 | &nbsp;&nbsp;&nbsp;&nbsp; 4743937 |
| Ensemble RCM LLC, Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/9/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14400 | &nbsp;&nbsp;&nbsp;&nbsp; 14322384 |
| ExamWorks BidCo, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/6/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10850 | &nbsp;&nbsp;&nbsp;&nbsp; 10903402 |
| Global Medical Response, Inc., Term Loan, 7.157%, (1 mo. USD Term SOFR + 3.50%), 10/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18163 | &nbsp;&nbsp;&nbsp;&nbsp; 18253158 |
| Hanger, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/23/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15665 | &nbsp;&nbsp;&nbsp;&nbsp; 15779743 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/23/31<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2030 | &nbsp;&nbsp;&nbsp;&nbsp; 2044656 |
| Heartland Dental LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 8/25/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19304 | &nbsp;&nbsp;&nbsp;&nbsp; 19342830 |
| IVC Acquisition Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.121%, (3 mo. EURIBOR + 4.00%), 12/12/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9985 | &nbsp;&nbsp;&nbsp;&nbsp; 11763951 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.45%, (3 mo. USD Term SOFR + 3.75%), 12/12/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3854 | &nbsp;&nbsp;&nbsp;&nbsp; 3857408 |
| MDVIP, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 10/14/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8680 | &nbsp;&nbsp;&nbsp;&nbsp; 8705288 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) |
| MED ParentCo LP, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 4/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22292 | &nbsp;&nbsp;$22373558 |
| Medical Solutions Holdings, Inc., Term Loan - Second Lien, 10.763%, (3 mo. USD Term SOFR + 7.00%), 11/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9500 | &nbsp;&nbsp;&nbsp;&nbsp; 826500 |
| Mehilainen Yhtiot OYJ, Term Loan, 5.527%, (3 mo. EURIBOR + 3.40%), 8/5/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11575 | &nbsp;&nbsp;&nbsp;&nbsp; 13714936 |
| Midwest Physician Administrative Services LLC, Term Loan, 6.961%, (3 mo. USD Term SOFR + 3.00%), 3/12/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12742 | &nbsp;&nbsp;&nbsp;&nbsp; 11276285 |
| National Mentor Holdings, Inc., Term Loan, 9.652%, (1 mo. USD Term SOFR + 6.00%), 12/12/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34505 | &nbsp;&nbsp;&nbsp;&nbsp; 34702703 |
| Pacific Dental Services LLC, Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%), 3/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15298 | &nbsp;&nbsp;&nbsp;&nbsp; 15353340 |
| Phoenix Guarantor, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/21/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23883 | &nbsp;&nbsp;&nbsp;&nbsp; 23991512 |
| Radiology Partners, Inc., Term Loan, 6/30/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6025 | &nbsp;&nbsp;&nbsp;&nbsp; 5940288 |
| Radnet Management, Inc., Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 4/18/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13122 | &nbsp;&nbsp;&nbsp;&nbsp; 13174379 |
| Raven Acquisition Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/19/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12874 | &nbsp;&nbsp;&nbsp;&nbsp; 12815764 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11/19/31<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929 | &nbsp;&nbsp;&nbsp;&nbsp; 924658 |
| Reverb Buyer, Inc., Term Loan, 7.263%, (3 mo. USD Term SOFR + 3.50%), 11/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14791 | &nbsp;&nbsp;&nbsp;&nbsp; 10649352 |
| Select Medical Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 12/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11719 | &nbsp;&nbsp;&nbsp;&nbsp; 11711395 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/31/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11225 | &nbsp;&nbsp;&nbsp;&nbsp; 11281125 |
| Synlab Bondco PLC, Term Loan, 5.415%, (3 mo. EURIBOR + 3.25%), 4/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp; 3041740 |
| U.S. Anesthesia Partners, Inc., Term Loan, 7.779%, (1 mo. USD Term SOFR + 4.00%), 10/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8265 | &nbsp;&nbsp;&nbsp;&nbsp; 8290836 |
|  |  |  | &nbsp;&nbsp;**$328702857** |
| Health Care Technology — 2.1% | Health Care Technology — 2.1% | Health Care Technology — 2.1% | Health Care Technology — 2.1% |
| athenahealth Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 2/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29023 | &nbsp;&nbsp;$28955608 |
| Cotiviti Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.415%, (1 mo. USD Term SOFR + 2.75%), 5/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18435 | &nbsp;&nbsp;&nbsp;&nbsp; 16983446 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 6.415%, (1 mo. USD Term SOFR + 2.75%), 3/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4638 | &nbsp;&nbsp;&nbsp;&nbsp; 4271497 |
| PointClickCare Technologies, Inc., Term Loan, 6.413%, (3 mo. USD Term SOFR + 2.75%), 11/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16041 | &nbsp;&nbsp;&nbsp;&nbsp; 16060710 |

---

*24*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care Technology (continued) | Health Care Technology (continued) | Health Care Technology (continued) | Health Care Technology (continued) |
| Project Ruby Ultimate Parent Corp., Term Loan, 6.517%, (1 mo. USD Term SOFR + 2.75%), 3/10/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17402 | &nbsp;&nbsp;$17416914 |
| Waystar Technologies, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 10/22/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11839 | &nbsp;&nbsp;&nbsp;&nbsp; 11868434 |
|  |  |  | &nbsp;&nbsp;**$95556609** |
| Hotels, Restaurants & Leisure — 5.2% | Hotels, Restaurants & Leisure — 5.2% | Hotels, Restaurants & Leisure — 5.2% | Hotels, Restaurants & Leisure — 5.2% |
| Betclic Everest Group: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.541%, (2 mo. EURIBOR + 2.50%), 12/10/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5725 | &nbsp;&nbsp;$6723344 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/10/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5550 | &nbsp;&nbsp;&nbsp;&nbsp; 6530626 |
| &nbsp;&nbsp;&nbsp;Term Loan, 12/10/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10675 | &nbsp;&nbsp;&nbsp;&nbsp; 10741719 |
| Caesars Entertainment, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13621 | &nbsp;&nbsp;&nbsp;&nbsp; 13224688 |
| Delivery Hero SE, Term Loan, 8.639%, (3 mo. USD Term SOFR + 5.00%), 12/12/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19119 | &nbsp;&nbsp;&nbsp;&nbsp; 19071110 |
| Fertitta Entertainment LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/27/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14050 | &nbsp;&nbsp;&nbsp;&nbsp; 13953211 |
| Flugo BidCo AB, Term Loan, 5.877%, (3 mo. EURIBOR + 3.75%), 11/2/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13522 | &nbsp;&nbsp;&nbsp;&nbsp; 14989346 |
| Flutter Financing BV, Term Loan, 5.45%, (3 mo. USD Term SOFR + 1.75%), 11/30/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14951 | &nbsp;&nbsp;&nbsp;&nbsp; 14932349 |
| GVC Holdings (Gibraltar) Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.635%, (3 mo. EURIBOR + 3.50%), 6/30/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5382 | &nbsp;&nbsp;&nbsp;&nbsp; 6386982 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.951%, (3 mo. USD Term SOFR + 2.25%), 7/31/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3058 | &nbsp;&nbsp;&nbsp;&nbsp; 3062818 |
| Herschend Entertainment Co. LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/27/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7171 | &nbsp;&nbsp;&nbsp;&nbsp; 7210575 |
| Horizon U.S. Finco LP, Term Loan, 8.413%, (3 mo. USD Term SOFR + 4.75%), 10/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15467 | &nbsp;&nbsp;&nbsp;&nbsp; 14403252 |
| IRB Holding Corp., Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 12/16/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32306 | &nbsp;&nbsp;&nbsp;&nbsp; 32426948 |
| Ontario Gaming GTA LP, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 8/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10645 | &nbsp;&nbsp;&nbsp;&nbsp; 10125516 |
| Scientific Games Holdings LP, Term Loan, 6.674%, (3 mo. USD Term SOFR + 3.00%), 4/4/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9492 | &nbsp;&nbsp;&nbsp;&nbsp; 9359007 |
| SeaWorld Parks & Entertainment, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 12/4/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18992 | &nbsp;&nbsp;&nbsp;&nbsp; 18825642 |
| Turquoise Topco Ltd., Term Loan, 6.951%, (3 mo. USD Term SOFR + 3.25%), 12/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15800 | &nbsp;&nbsp;&nbsp;&nbsp; 15543250 |
| Voyager Parent LLC, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 7/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24930 | &nbsp;&nbsp;&nbsp;&nbsp; 24969071 |
|  |  |  | &nbsp;&nbsp;**$242479454** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Household Durables — 1.4% | Household Durables — 1.4% | Household Durables — 1.4% | Household Durables — 1.4% |
| Libbey Glass, Inc., Term Loan, 10.32%, (3 mo. USD Term SOFR + 6.50%), 11/22/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18960 | &nbsp;&nbsp;$15389244 |
| Madison Safety & Flow LLC, Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 9/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1646 | &nbsp;&nbsp;&nbsp;&nbsp; 1651851 |
| PHRG Intermediate LLC, Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 2/20/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12233 | &nbsp;&nbsp;&nbsp;&nbsp; 12194397 |
| Serta Simmons Bedding LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.287%, (3 mo. USD Term SOFR + 7.50%), 6/29/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2211 | &nbsp;&nbsp;&nbsp;&nbsp; 2214032 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.314%, (3 mo. USD Term SOFR + 7.50%), 6/29/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20368 | &nbsp;&nbsp;&nbsp;&nbsp; 19166695 |
| Somnigroup International, Inc., Term Loan, 5.90%, (1 mo. USD Term SOFR + 2.25%), 10/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16080 | &nbsp;&nbsp;&nbsp;&nbsp; 16174290 |
|  |  |  | &nbsp;&nbsp;**$66790509** |
| Independent Power and Renewable Electricity Producers — 0.7% | Independent Power and Renewable Electricity Producers — 0.7% | Independent Power and Renewable Electricity Producers — 0.7% | Independent Power and Renewable Electricity Producers — 0.7% |
| Cogentrix Finance Holdco I LLC, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11491 | &nbsp;&nbsp;$11554769 |
| Invenergy Thermal Operating I LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.38%, (3 mo. USD Term SOFR + 2.75%), 5/17/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18268 | &nbsp;&nbsp;&nbsp;&nbsp; 18439388 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.38%, (3 mo. USD Term SOFR + 2.75%), 5/17/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1188 | &nbsp;&nbsp;&nbsp;&nbsp; 1199295 |
| Talen Energy Supply LLC, Term Loan, 6.153%, (3 mo. USD Term SOFR + 2.50%), 12/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2463 | &nbsp;&nbsp;&nbsp;&nbsp; 2474591 |
|  |  |  | &nbsp;&nbsp;**$33668043** |
| Industrial Conglomerates — 0.6% | Industrial Conglomerates — 0.6% | Industrial Conglomerates — 0.6% | Industrial Conglomerates — 0.6% |
| Ammeraal Beltech Holding BV, Term Loan, 7.127%, (3 mo. EURIBOR + 5.00%), 12/30/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7603 | &nbsp;&nbsp;$7707943 |
| Bettcher Industries, Inc., Term Loan, 7.68%, (U.S. (Fed) Prime Rate + 4.00%), 4/15/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5925 | &nbsp;&nbsp;&nbsp;&nbsp; 5969438 |
| Rain Carbon GmbH, Term Loan, 7.108%, (3 mo. EURIBOR + 5.00%), 10/31/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13948 | &nbsp;&nbsp;&nbsp;&nbsp; 16284435 |
|  |  |  | &nbsp;&nbsp;**$29961816** |
| Insurance — 6.1% | Insurance — 6.1% | Insurance — 6.1% | Insurance — 6.1% |
| Acrisure LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/6/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25664 | &nbsp;&nbsp;$25323501 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 6/21/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2581 | &nbsp;&nbsp;&nbsp;&nbsp; 2543083 |
| Alera Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 5/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18616 | &nbsp;&nbsp;&nbsp;&nbsp; 18437608 |

---

*25*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insurance (continued) | Insurance (continued) | Insurance (continued) | Insurance (continued) |
| Alliant Holdings Intermediate LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/19/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36057 | &nbsp;&nbsp;$36040050 |
| AmWINS Group, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 1/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16550 | &nbsp;&nbsp;&nbsp;&nbsp; 16555377 |
| Broadstreet Partners, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 6/13/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33959 | &nbsp;&nbsp;&nbsp;&nbsp; 33784681 |
| HUB International Ltd., Term Loan, 5.922%, (3 mo. USD Term SOFR + 2.25%), 6/20/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35076 | &nbsp;&nbsp;&nbsp;&nbsp; 35201733 |
| IMA Financial Group, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/1/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18834 | &nbsp;&nbsp;&nbsp;&nbsp; 18840872 |
| Jones DesLauriers Insurance Management, Inc., Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/2/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7575 | &nbsp;&nbsp;&nbsp;&nbsp; 7489781 |
| Ryan Specialty Group LLC, Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 9/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9544 | &nbsp;&nbsp;&nbsp;&nbsp; 9585342 |
| Siaci Saint Honore, Term Loan, 5.377%, (3 mo. EURIBOR + 3.25%), 7/26/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13425 | &nbsp;&nbsp;&nbsp;&nbsp; 15831325 |
| Trucordia Insurance Holdings LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 6/17/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19091 | &nbsp;&nbsp;&nbsp;&nbsp; 18279564 |
| Truist Insurance Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 5/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20868 | &nbsp;&nbsp;&nbsp;&nbsp; 20763990 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 8.45%, (3 mo. USD Term SOFR + 4.75%), 5/6/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2368 | &nbsp;&nbsp;&nbsp;&nbsp; 2350658 |
| USI, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 11/21/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7788 | &nbsp;&nbsp;&nbsp;&nbsp; 7806352 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 9/29/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16695 | &nbsp;&nbsp;&nbsp;&nbsp; 16733296 |
|  |  |  | &nbsp;&nbsp;**$285567213** |
| Interactive Media & Services — 0.5% | Interactive Media & Services — 0.5% | Interactive Media & Services — 0.5% | Interactive Media & Services — 0.5% |
| Aragorn Parent Corp., Term Loan, 7.163%, (3 mo. USD Term SOFR + 3.50%), 12/15/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11124 | &nbsp;&nbsp;$11184678 |
| Arches Buyer, Inc., Term Loan, 12/6/27<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7609 | &nbsp;&nbsp;&nbsp;&nbsp; 7610218 |
| Foundational Education Group, Inc., Term Loan, 7.675%, (3 mo. USD Term SOFR + 3.75%), 8/31/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3468 | &nbsp;&nbsp;&nbsp;&nbsp; 3201669 |
|  |  |  | &nbsp;&nbsp;**$21996565** |
| IT Services — 2.9% | IT Services — 2.9% | IT Services — 2.9% | IT Services — 2.9% |
| Ahead DB Holdings LLC, Term Loan, 2/3/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;$5958750 |
| Asurion LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.413%, (3 mo. USD Term SOFR + 3.75%), 2/23/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28226 | &nbsp;&nbsp;&nbsp;&nbsp; 27817354 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.017%, (1 mo. USD Term SOFR + 5.25%), 1/20/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1717 | &nbsp;&nbsp;&nbsp;&nbsp; 1725335 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| IT Services (continued) | IT Services (continued) | IT Services (continued) | IT Services (continued) |
| Aurora Lux Finco SARL, Term Loan, 8.95%, (3 mo. USD Term SOFR + 5.25%), 10/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13317 | &nbsp;&nbsp;$11976640 |
| Gainwell Acquisition Corp., Term Loan, 7.80%, (3 mo. USD Term SOFR + 4.00%), 10/1/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16527 | &nbsp;&nbsp;&nbsp;&nbsp; 16276060 |
| Indy U.S. Bidco LLC, Term Loan, 4.76%, (1 mo. EURIBOR + 2.75%), 10/31/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3800 | &nbsp;&nbsp;&nbsp;&nbsp; 4474876 |
| NAB Holdings LLC, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/23/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7298 | &nbsp;&nbsp;&nbsp;&nbsp; 6836950 |
| Newfold Digital Holdings Group, Inc., Term Loan, 7.26%, (1 mo. USD Term SOFR + 3.50%), 4/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5720 | &nbsp;&nbsp;&nbsp;&nbsp; 3936816 |
| Nielsen Consumer, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 10/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3636 | &nbsp;&nbsp;&nbsp;&nbsp; 3637866 |
| Plano HoldCo, Inc., Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 10/2/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3092 | &nbsp;&nbsp;&nbsp;&nbsp; 2517554 |
| Sedgwick Claims Management Services, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 7/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37728 | &nbsp;&nbsp;&nbsp;&nbsp; 37504847 |
| Trio Bidco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 10/29/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5021 | &nbsp;&nbsp;&nbsp;&nbsp; 4904279 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10/29/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;529 | &nbsp;&nbsp;&nbsp;&nbsp; 516240 |
| Virtusa Corp., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 2/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6760 | &nbsp;&nbsp;&nbsp;&nbsp; 6255805 |
|  |  |  | &nbsp;&nbsp;**$134339372** |
| Leisure Products — 1.1% | Leisure Products — 1.1% | Leisure Products — 1.1% | Leisure Products — 1.1% |
| Accell Group NV, Term Loan, 5/31/30<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710 | &nbsp;&nbsp;$112490 |
| GSM Holdings, Inc., Term Loan, 8.70%, (3 mo. USD Term SOFR + 5.00%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9802 | &nbsp;&nbsp;&nbsp;&nbsp; 9791745 |
| Hayward Industries, Inc., Term Loan, 6.267%, (1 mo. USD Term SOFR + 2.50%), 5/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8026 | &nbsp;&nbsp;&nbsp;&nbsp; 8072848 |
| Recess Holdings, Inc., Term Loan, 7.417%, (3 mo. USD Term SOFR + 3.75%), 2/20/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32051 | &nbsp;&nbsp;&nbsp;&nbsp; 32235860 |
| Sprint Holdco BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5/31/30<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649 | &nbsp;&nbsp;&nbsp;&nbsp; 15228 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 6/30/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373 | &nbsp;&nbsp;&nbsp;&nbsp; 1095 |
| Sprint MidCo BV, Term Loan - Second Lien, 6/30/31<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437 | &nbsp;&nbsp;&nbsp;&nbsp; 3843 |
|  |  |  | &nbsp;&nbsp;**$50233109** |
| Life Sciences Tools & Services — 1.1% | Life Sciences Tools & Services — 1.1% | Life Sciences Tools & Services — 1.1% | Life Sciences Tools & Services — 1.1% |
| Loire Finco Luxembourg SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.761%, (3 mo. EURIBOR + 3.75%), 1/21/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6030 | &nbsp;&nbsp;$7113130 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 1/21/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3407 | &nbsp;&nbsp;&nbsp;&nbsp; 3416243 |

---

*26*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Life Sciences Tools & Services (continued) | Life Sciences Tools & Services (continued) | Life Sciences Tools & Services (continued) | Life Sciences Tools & Services (continued) |
| Normec 1 BV, Term Loan, 5.26%, (1 mo. EURIBOR + 3.25%), 4/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$2372251 |
| Parexel International Corp., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 12/12/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4338 | &nbsp;&nbsp;&nbsp;&nbsp; 4343210 |
| Sotera Health Holdings LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22124 | &nbsp;&nbsp;&nbsp;&nbsp; 22238877 |
| Star Parent, Inc., Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 9/27/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11975 | &nbsp;&nbsp;&nbsp;&nbsp; 11993741 |
|  |  |  | &nbsp;&nbsp;**$51477452** |
| Machinery — 7.9% | Machinery — 7.9% | Machinery — 7.9% | Machinery — 7.9% |
| AAG U.S. GSI Bidco, Inc., Term Loan, 8.70%, (3 mo. USD Term SOFR + 5.00%), 10/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10875 | &nbsp;&nbsp;$10929364 |
| AI Aqua Merger Sub, Inc., Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%, 3 mo. USD Term SOFR + 2.50%), 7/31/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35135 | &nbsp;&nbsp;&nbsp;&nbsp; 35263481 |
| Apex Tool Group LLC, Term Loan, 9.652%, (1 mo. USD Term SOFR + 6.00%), 2/8/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242 | &nbsp;&nbsp;&nbsp;&nbsp; 98025 |
| Astro Acquisition LLC, Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 8/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8055 | &nbsp;&nbsp;&nbsp;&nbsp; 8125292 |
| Barnes Group, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/27/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14028 | &nbsp;&nbsp;&nbsp;&nbsp; 14048702 |
| BCP V Modular Services Holdings IV Ltd., Term Loan, 6.552%, (3 mo. EURIBOR + 4.43%), 7/10/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4175 | &nbsp;&nbsp;&nbsp;&nbsp; 4484517 |
| BG MS U.S. Holding LLC, Term Loan, 8.45%, (3 mo. USD Term SOFR + 4.75%), 10/22/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11050 | &nbsp;&nbsp;&nbsp;&nbsp; 10994750 |
| Cleanova U.S. Holdings LLC, Term Loan, 8.425%, (3 mo. USD Term SOFR + 4.75%), 6/14/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14751 | &nbsp;&nbsp;&nbsp;&nbsp; 14603519 |
| Columbus McKinnon Corp., Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 2/3/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9846 | &nbsp;&nbsp;&nbsp;&nbsp; 9874471 |
| Conair Holdings LLC, Term Loan, 7.517%, (1 mo. USD Term SOFR + 3.75%), 5/17/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15755 | &nbsp;&nbsp;&nbsp;&nbsp; 11156166 |
| CoorsTek, Inc., Term Loan, 6.67%, (3 mo. USD Term SOFR + 3.00%), 10/28/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9601 | &nbsp;&nbsp;&nbsp;&nbsp; 9686914 |
| CPM Holdings, Inc., Term Loan, 8.165%, (1 mo. USD Term SOFR + 4.50%), 9/28/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13052 | &nbsp;&nbsp;&nbsp;&nbsp; 13080247 |
| Cube Industrials Buyer, Inc., Term Loan, 6.669%, (3 mo. USD Term SOFR + 3.00%), 10/17/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5688 | &nbsp;&nbsp;&nbsp;&nbsp; 5716787 |
| Delachaux Group SA, Term Loan, 5.40%, (3 mo. EURIBOR + 3.25%), 4/16/29 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4945 | &nbsp;&nbsp;&nbsp;&nbsp; 5875217 |
| EMRLD Borrower LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 5/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6694 | &nbsp;&nbsp;&nbsp;&nbsp; 6709818 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 8/4/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5095 | &nbsp;&nbsp;&nbsp;&nbsp; 5107963 |
| Engineered Machinery Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.627%, (3 mo. EURIBOR + 3.50%), 11/26/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11640 | &nbsp;&nbsp;&nbsp;&nbsp; 13780887 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Machinery (continued) | Machinery (continued) | Machinery (continued) | Machinery (continued) |
| Engineered Machinery Holdings, Inc.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 11/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22052 | &nbsp;&nbsp;$22227153 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.961%, (3 mo. USD Term SOFR + 6.00%), 5/21/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp; 3715849 |
| Filtration Group Corp., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 10/21/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4694 | &nbsp;&nbsp;&nbsp;&nbsp; 4707713 |
| Icebox Holdco III, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 12/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8313 | &nbsp;&nbsp;&nbsp;&nbsp; 8360250 |
| INNIO Group Holding GmbH, Term Loan, 4.52%, (3 mo. EURIBOR + 2.50%), 11/2/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2222 | &nbsp;&nbsp;&nbsp;&nbsp; 2627465 |
| Jennmar Inter III LLC, Term Loan, 8.668%, (1 mo. USD Term SOFR + 5.00%), 12/16/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8690 | &nbsp;&nbsp;&nbsp;&nbsp; 8624825 |
| LSF12 Helix Parent LLC, Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 2/10/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19846 | &nbsp;&nbsp;&nbsp;&nbsp; 19880941 |
| Madison IAQ LLC, Term Loan, 6.378%, (6 mo. USD Term SOFR + 2.75%), 11/8/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8397 | &nbsp;&nbsp;&nbsp;&nbsp; 8432472 |
| Resilience Parent LLC, Term Loan, 6.126%, (6 mo. USD Term SOFR + 2.50%), 2/28/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21700 | &nbsp;&nbsp;&nbsp;&nbsp; 21775950 |
| Roper Industrial Products Investment Co. LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.127%, (3 mo. EURIBOR + 3.00%), 11/22/29 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2481 | &nbsp;&nbsp;&nbsp;&nbsp; 2932098 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/22/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22910 | &nbsp;&nbsp;&nbsp;&nbsp; 23004047 |
| TK Elevator Midco GmbH: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.149%, (3 mo. EURIBOR + 3.00%), 4/30/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11450 | &nbsp;&nbsp;&nbsp;&nbsp; 13504271 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.377%, (6 mo. USD Term SOFR + 2.75%), 4/30/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46606 | &nbsp;&nbsp;&nbsp;&nbsp; 47055773 |
|  |  |  | &nbsp;&nbsp;**$366384927** |
| Media — 1.4% | Media — 1.4% | Media — 1.4% | Media — 1.4% |
| ABG Intermediate Holdings 2 LLC, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/13/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7772 | &nbsp;&nbsp;$7793338 |
| Charter Communications Operating LLC, Term Loan, 5.942%, (3 mo. USD Term SOFR + 2.25%), 12/15/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7036 | &nbsp;&nbsp;&nbsp;&nbsp; 7039983 |
| DirecTV Financing LLC, Term Loan, 2/17/31<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6020070 |
| Emerald X, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2878 | &nbsp;&nbsp;&nbsp;&nbsp; 2889043 |
| Fleet Midco I Ltd., Term Loan, 6.419%, (3 mo. USD Term SOFR + 2.75%), 2/21/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11143 | &nbsp;&nbsp;&nbsp;&nbsp; 11226571 |
| Nexstar Broadcasting, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/18/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16825 | &nbsp;&nbsp;&nbsp;&nbsp; 16834254 |
| Univision Communications, Inc., Term Loan, 1/31/29<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6530 | &nbsp;&nbsp;&nbsp;&nbsp; 6498689 |
| WH Borrower LLC, Term Loan, 2/20/32<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4904 | &nbsp;&nbsp;&nbsp;&nbsp; 4916660 |
|  |  |  | &nbsp;&nbsp;**$63218608** |

---

*27*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Metals/Mining — 1.0% | Metals/Mining — 1.0% | Metals/Mining — 1.0% |
| American Consolidated Natural Resources, Inc., Term Loan - Second Lien, 13.00%, 12/11/29<sup>(12)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3242 | &nbsp;&nbsp;$3268665 |
| Arsenal AIC Parent LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 8/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10582 | &nbsp;&nbsp;&nbsp;&nbsp; 10634571 |
| Wireco Worldgroup, Inc., Term Loan, 7.414%, (3 mo. USD Term SOFR + 3.75%), 11/13/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6182 | &nbsp;&nbsp;&nbsp;&nbsp; 6179979 |
| Zekelman Industries, Inc., Term Loan, 5.908%, (1 mo. USD Term SOFR + 2.25%), 1/24/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28164 | &nbsp;&nbsp;&nbsp;&nbsp; 28283091 |
|  |  | &nbsp;&nbsp;**$48366306** |
| Oil, Gas & Consumable Fuels — 2.8% | Oil, Gas & Consumable Fuels — 2.8% | Oil, Gas & Consumable Fuels — 2.8% |
| Freeport LNG Investments LLLP, Term Loan, 6.925%, (3 mo. USD Term SOFR + 3.25%), 2/11/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35100 | &nbsp;&nbsp;$35198807 |
| GIP Pilot Acquisition Partners LP, Term Loan, 5.674%, (3 mo. USD Term SOFR + 2.00%), 10/4/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6193 | &nbsp;&nbsp;&nbsp;&nbsp; 6228695 |
| Hilcorp Energy I LP, Term Loan, 5.411%, (1 mo. USD Term SOFR + 1.75%), 2/11/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8488 | &nbsp;&nbsp;&nbsp;&nbsp; 8519579 |
| Matador Bidco SARL, Term Loan, 8.002%, (1 mo. USD Term SOFR + 4.25%), 7/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28922 | &nbsp;&nbsp;&nbsp;&nbsp; 28770475 |
| Natgasoline LLC, Term Loan, 9.173%, (3 mo. USD Term SOFR + 5.50%), 3/29/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6776 | &nbsp;&nbsp;&nbsp;&nbsp; 6849637 |
| Oryx Midstream Services Permian Basin LLC, Term Loan, 5.904%, (1 mo. USD Term SOFR + 2.25%), 10/5/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4962 | &nbsp;&nbsp;&nbsp;&nbsp; 4984720 |
| Oxbow Carbon LLC, Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 5/10/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8572 | &nbsp;&nbsp;&nbsp;&nbsp; 8619994 |
| Traverse Midstream Partners LLC, Term Loan, 4/21/33<sup>(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9725 | &nbsp;&nbsp;&nbsp;&nbsp; 9752376 |
| Venture Global Calcasieu Pass LLC, Term Loan, 6.937%, (6 mo. USD Term SOFR + 3.25%), 4/11/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19050 | &nbsp;&nbsp;&nbsp;&nbsp; 19133344 |
|  |  | &nbsp;&nbsp;**$128057627** |
| Passenger Airlines — 0.3% | Passenger Airlines — 0.3% | Passenger Airlines — 0.3% |
| WestJet Loyalty LP, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 2/14/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14891 | &nbsp;&nbsp;$14572219 |
|  |  | &nbsp;&nbsp;**$14572219** |
| Pharmaceuticals — 1.5% | Pharmaceuticals — 1.5% | Pharmaceuticals — 1.5% |
| Amneal Pharmaceuticals LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 8/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8607 | &nbsp;&nbsp;$8655163 |
| Bausch Health Cos., Inc., Term Loan, 9.902%, (1 mo. USD Term SOFR + 6.25%), 10/8/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10451 | &nbsp;&nbsp;&nbsp;&nbsp; 10197418 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Pharmaceuticals (continued) | Pharmaceuticals (continued) | Pharmaceuticals (continued) | Pharmaceuticals (continued) |
| Ceva Sante Animale: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.127%, (3 mo. EURIBOR + 3.00%), 11/8/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4775 | &nbsp;&nbsp;$5655119 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.389%, (3 mo. USD Term SOFR + 2.75%), 11/8/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8132 | &nbsp;&nbsp;&nbsp;&nbsp; 8188961 |
| Jazz Financing Lux SARL, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 5/5/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17162 | &nbsp;&nbsp;&nbsp;&nbsp; 17261041 |
| Nidda Healthcare Holding AG, Term Loan, 5.524%, (3 mo. EURIBOR + 3.50%), 12/9/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8700 | &nbsp;&nbsp;&nbsp;&nbsp; 10274569 |
| Padagis LLC, Term Loan, 8.689%, (3 mo. USD Term SOFR + 4.75%), 7/6/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7684 | &nbsp;&nbsp;&nbsp;&nbsp; 7280313 |
| Recipharm AB, Term Loan, 4.949%, (3 mo. EURIBOR + 2.95%), 2/17/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3275 | &nbsp;&nbsp;&nbsp;&nbsp; 3850910 |
|  |  |  | &nbsp;&nbsp;**$71363494** |
| Professional Services — 5.1% | Professional Services — 5.1% | Professional Services — 5.1% | Professional Services — 5.1% |
| AAL Delaware Holdco, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 7/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14314 | &nbsp;&nbsp;$14398638 |
| Amspec Parent LLC, Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 12/22/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11267 | &nbsp;&nbsp;&nbsp;&nbsp; 11277736 |
| APFS Staffing Holdings, Inc., Term Loan, 7.902%, (1 mo. USD Term SOFR + 4.25%), 12/29/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3509 | &nbsp;&nbsp;&nbsp;&nbsp; 3182502 |
| Citrin Cooperman Advisors LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 4/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10775 | &nbsp;&nbsp;&nbsp;&nbsp; 10422503 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/1/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2345 | &nbsp;&nbsp;&nbsp;&nbsp; 2245773 |
| CohnReznick LLP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 3/31/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12233 | &nbsp;&nbsp;&nbsp;&nbsp; 12057412 |
| &nbsp;&nbsp;&nbsp;Term Loan, 3/31/32<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710 | &nbsp;&nbsp;&nbsp;&nbsp; 699666 |
| CoreLogic, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.267%, (1 mo. USD Term SOFR + 3.50%), 6/2/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16892 | &nbsp;&nbsp;&nbsp;&nbsp; 16574921 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 10.267%, (1 mo. USD Term SOFR + 6.50%), 6/4/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1524 | &nbsp;&nbsp;&nbsp;&nbsp; 1448730 |
| Corporation Service Co., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 11/2/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11728 | &nbsp;&nbsp;&nbsp;&nbsp; 11768080 |
| EAB Global, Inc., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/16/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10365 | &nbsp;&nbsp;&nbsp;&nbsp; 9201368 |
| Employbridge Holding Co., Term Loan - Second Lien, 8.711%, (3 mo. USD Term SOFR + 4.75%), 1/19/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13882 | &nbsp;&nbsp;&nbsp;&nbsp; 2614430 |
| First Advantage Holdings LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6939 | &nbsp;&nbsp;&nbsp;&nbsp; 6863377 |
| Galaxy Bidco Ltd., Term Loan, 5.867%, (6 mo. EURIBOR + 3.75%), 12/19/29 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8275 | &nbsp;&nbsp;&nbsp;&nbsp; 9840635 |
| Grant Thornton Advisors LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 6/2/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35807 | &nbsp;&nbsp;&nbsp;&nbsp; 34774093 |

---

*28*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Professional Services (continued) | Professional Services (continued) | Professional Services (continued) | Professional Services (continued) |
| Heritage Environmental Services, Inc., Term Loan, 6.677%, (3 mo. USD Term SOFR + 3.00%), 4/1/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9025 | &nbsp;&nbsp;$9070125 |
| Heron Bidco, Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 12/10/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10150 | &nbsp;&nbsp;&nbsp;&nbsp; 10181719 |
| Highspring Holdings LLC, Term Loan, 8.85%, (3 mo. USD Term SOFR + 5.00%), 1/22/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2909 | &nbsp;&nbsp;&nbsp;&nbsp; 1941771 |
| iSolved, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 10/15/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9137 | &nbsp;&nbsp;&nbsp;&nbsp; 8720098 |
| Mermaid Bidco, Inc., Term Loan, 6.913%, (3 mo. USD Term SOFR + 3.25%), 7/3/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22240 | &nbsp;&nbsp;&nbsp;&nbsp; 21823460 |
| Neptune Bidco U.S., Inc., Term Loan, 8.769%, (3 mo. USD Term SOFR + 5.00%), 2/3/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9978 | &nbsp;&nbsp;&nbsp;&nbsp; 9791429 |
| PHM Group Holding OYJ, Term Loan, 5.575%, (3 mo. EURIBOR + 3.50%), 4/22/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6600 | &nbsp;&nbsp;&nbsp;&nbsp; 7758985 |
| Techem Verwaltungsgesellschaft 675 GmbH, Term Loan, 5.231%, (3 mo. EURIBOR + 3.25%), 7/15/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8575 | &nbsp;&nbsp;&nbsp;&nbsp; 10149490 |
| Trans Union LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 6/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4889 | &nbsp;&nbsp;&nbsp;&nbsp; 4895333 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 6/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6766 | &nbsp;&nbsp;&nbsp;&nbsp; 6774089 |
|  |  |  | &nbsp;&nbsp;**$238476363** |
| Real Estate Management & Development — 1.0% | Real Estate Management & Development — 1.0% | Real Estate Management & Development — 1.0% | Real Estate Management & Development — 1.0% |
| Cushman & Wakefield U.S. Borrower LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8955 | &nbsp;&nbsp;$9008309 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 1/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6788 | &nbsp;&nbsp;&nbsp;&nbsp; 6821914 |
| Greystar Real Estate Partners LLC, Term Loan, 6.173%, (3 mo. USD Term SOFR + 2.50%), 8/21/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15542 | &nbsp;&nbsp;&nbsp;&nbsp; 15599974 |
| Metropolis Technologies, Inc., Term Loan, 8.98%, (6 mo. USD Term SOFR + 5.25%), 11/3/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14115 | &nbsp;&nbsp;&nbsp;&nbsp; 14064589 |
|  |  |  | &nbsp;&nbsp;**$45494786** |
| Road & Rail — 1.3% | Road & Rail — 1.3% | Road & Rail — 1.3% | Road & Rail — 1.3% |
| Avis Budget Car Rental LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 7/16/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25294 | &nbsp;&nbsp;$25157318 |
| First Student Bidco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8/15/30<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5030 | &nbsp;&nbsp;&nbsp;&nbsp; 5038066 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8/15/30<sup>(10)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp; 921840 |
| Hertz Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.413%, (3 mo. USD Term SOFR + 3.75%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7147 | &nbsp;&nbsp;&nbsp;&nbsp; 5606286 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.425%, (3 mo. USD Term SOFR + 3.50%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5894 | &nbsp;&nbsp;&nbsp;&nbsp; 4656553 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Road & Rail (continued) | Road & Rail (continued) | Road & Rail (continued) | Road & Rail (continued) |
| Hertz Corp.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.425%, (3 mo. USD Term SOFR + 3.50%), 6/30/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1166 | &nbsp;&nbsp;$921345 |
| Kenan Advantage Group, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/25/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16442 | &nbsp;&nbsp;&nbsp;&nbsp; 16425725 |
|  |  |  | &nbsp;&nbsp;**$58727133** |
| Semiconductors & Semiconductor Equipment — 0.1% | Semiconductors & Semiconductor Equipment — 0.1% | Semiconductors & Semiconductor Equipment — 0.1% | Semiconductors & Semiconductor Equipment — 0.1% |
| Bright Bidco BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 10/31/27<sup>(11)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4374 | &nbsp;&nbsp;$1476254 |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.663%, (3 mo. USD Term SOFR + 10.00%), 6/30/26 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193 | &nbsp;&nbsp;&nbsp;&nbsp; 184705 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6/30/26<sup>(9)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 133361 |
| MaxLinear, Inc., Term Loan, 6.017%, (1 mo. USD Term SOFR + 2.25%), 6/23/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3250 | &nbsp;&nbsp;&nbsp;&nbsp; 3225625 |
|  |  |  | &nbsp;&nbsp;**$5019945** |
| Software — 11.0% | Software — 11.0% | Software — 11.0% | Software — 11.0% |
| Applied Systems, Inc., Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 2/24/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24025 | &nbsp;&nbsp;$23742142 |
| Boxer Parent Co., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.673%, (3 mo. USD Term SOFR + 3.00%), 7/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22936 | &nbsp;&nbsp;&nbsp;&nbsp; 21297445 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.413%, (3 mo. USD Term SOFR + 5.75%), 7/30/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6832 | &nbsp;&nbsp;&nbsp;&nbsp; 5824300 |
| Calabrio, Inc., Term Loan, 7.673%, (3 mo. USD Term SOFR + 4.00%), 11/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12400 | &nbsp;&nbsp;&nbsp;&nbsp; 9792156 |
| Cegid Group SAS: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.90%, (3 mo. EURIBOR + 2.75%), 7/10/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4475 | &nbsp;&nbsp;&nbsp;&nbsp; 5132834 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4.90%, (3 mo. EURIBOR + 2.75%), 7/10/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5150 | &nbsp;&nbsp;&nbsp;&nbsp; 5911382 |
| Cloud Software Group, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 8/13/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30112 | &nbsp;&nbsp;&nbsp;&nbsp; 27943455 |
| Cloudera, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 10/8/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19551 | &nbsp;&nbsp;&nbsp;&nbsp; 17669427 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 9.752%, (1 mo. USD Term SOFR + 6.00%), 10/8/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4450 | &nbsp;&nbsp;&nbsp;&nbsp; 3494051 |
| Clover Holdings 2 LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 12/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14900 | &nbsp;&nbsp;&nbsp;&nbsp; 14545637 |
| Dayforce, Inc., Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/4/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17825 | &nbsp;&nbsp;&nbsp;&nbsp; 16860222 |
| Delta TopCo, Inc., Term Loan, 6.424%, (3 mo. USD Term SOFR + 2.75%), 11/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13008 | &nbsp;&nbsp;&nbsp;&nbsp; 12555347 |
| Dragon Buyer, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4218 | &nbsp;&nbsp;&nbsp;&nbsp; 4045028 |

---

*29*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Software (continued) | Software (continued) | Software (continued) | Software (continued) |
| Drake Software LLC, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 6/26/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6149 | &nbsp;&nbsp;$5810450 |
| ECI Macola Max Holding LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 5/9/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24169 | &nbsp;&nbsp;&nbsp;&nbsp; 23821657 |
| Epicor Software Corp., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16023 | &nbsp;&nbsp;&nbsp;&nbsp; 15832361 |
| Gen Digital, Inc., Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 9/12/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9319 | &nbsp;&nbsp;&nbsp;&nbsp; 9189930 |
| IGT Holding IV AB: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.027%, (3 mo. EURIBOR + 2.90%), 3/31/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205 | &nbsp;&nbsp;&nbsp;&nbsp; 1414850 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 9/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1632 | &nbsp;&nbsp;&nbsp;&nbsp; 1620307 |
| Marcel LUX IV SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.513%, (3 mo. EURIBOR + 3.50%), 11/9/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6275 | &nbsp;&nbsp;&nbsp;&nbsp; 7295645 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.64%, (1 mo. USD Term SOFR + 3.00%), 11/12/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26438 | &nbsp;&nbsp;&nbsp;&nbsp; 26239337 |
| McAfee LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 3/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29942 | &nbsp;&nbsp;&nbsp;&nbsp; 26460806 |
| Mosel Bidco SE, Term Loan, 5.877%, (3 mo. EURIBOR + 3.75%), 9/16/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5900 | &nbsp;&nbsp;&nbsp;&nbsp; 6578341 |
| N-Able International Holdings II LLC, Term Loan, 6.423%, (3 mo. USD Term SOFR + 2.75%), 11/26/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2594 | &nbsp;&nbsp;&nbsp;&nbsp; 2577291 |
| OceanKey (U.S.) II Corp., Term Loan, 7.252%, (1 mo. USD Term SOFR + 3.50%), 12/15/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7566 | &nbsp;&nbsp;&nbsp;&nbsp; 7186869 |
| OID-OL Intermediate I LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.063%, (3 mo. USD Term SOFR + 4.25%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14383 | &nbsp;&nbsp;&nbsp;&nbsp; 10022187 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.663%, (3 mo. USD Term SOFR + 6.00%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5321 | &nbsp;&nbsp;&nbsp;&nbsp; 5305193 |
| Open Text Corp., Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 1/31/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5988 | &nbsp;&nbsp;&nbsp;&nbsp; 5843726 |
| Polaris Newco LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.15%, (3 mo. EURIBOR + 4.00%), 6/2/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8929 | &nbsp;&nbsp;&nbsp;&nbsp; 9014105 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.925%, (3 mo. USD Term SOFR + 4.00%), 6/2/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7150 | &nbsp;&nbsp;&nbsp;&nbsp; 6258377 |
| Project Alpha Intermediate Holding, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 10/26/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24125 | &nbsp;&nbsp;&nbsp;&nbsp; 19058785 |
| Project Boost Purchaser LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 7/16/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29301 | &nbsp;&nbsp;&nbsp;&nbsp; 28800233 |
| Proofpoint, Inc., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/31/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11076 | &nbsp;&nbsp;&nbsp;&nbsp; 10773282 |
| RealPage, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.961%, (3 mo. USD Term SOFR + 3.00%), 4/24/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18650 | &nbsp;&nbsp;&nbsp;&nbsp; 18285513 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Software (continued) | Software (continued) | Software (continued) | Software (continued) |
| RealPage, Inc.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.45%, (3 mo. USD Term SOFR + 3.75%), 4/24/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5396 | &nbsp;&nbsp;$5336500 |
| Rocket Software, Inc., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 11/28/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9627 | &nbsp;&nbsp;&nbsp;&nbsp; 9205288 |
| Sabre GLBL, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.752%, (1 mo. USD Term SOFR + 6.00%), 11/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12874 | &nbsp;&nbsp;&nbsp;&nbsp; 10579241 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.752%, (1 mo. USD Term SOFR + 6.00%), 11/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3064 | &nbsp;&nbsp;&nbsp;&nbsp; 2517091 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10.002%, (1 mo. USD Term SOFR + 6.25%), 7/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2474 | &nbsp;&nbsp;&nbsp;&nbsp; 2039081 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10.002%, (1 mo. USD Term SOFR + 6.25%), 7/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1871 | &nbsp;&nbsp;&nbsp;&nbsp; 1546696 |
| SkillSoft Corp., Term Loan, 9.017%, (1 mo. USD Term SOFR + 5.25%), 7/14/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14514 | &nbsp;&nbsp;&nbsp;&nbsp; 7997366 |
| SolarWinds Holdings, Inc., Term Loan, 7.674%, (3 mo. USD Term SOFR + 4.00%), 4/16/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17272 | &nbsp;&nbsp;&nbsp;&nbsp; 14724468 |
| UKG, Inc., Term Loan, 6.163%, (3 mo. USD Term SOFR + 2.50%), 2/10/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26974 | &nbsp;&nbsp;&nbsp;&nbsp; 26074279 |
| Vision Solutions, Inc., Term Loan, 7.925%, (3 mo. USD Term SOFR + 4.00%), 4/24/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17859 | &nbsp;&nbsp;&nbsp;&nbsp; 14220150 |
|  |  |  | &nbsp;&nbsp;**$510442831** |
| Specialty Retail — 1.7% | Specialty Retail — 1.7% | Specialty Retail — 1.7% | Specialty Retail — 1.7% |
| Apro LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 7/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7609 | &nbsp;&nbsp;$7659041 |
| Boels Topholding BV, Term Loan, 4.462%, (1 mo. EURIBOR + 2.50%), 5/23/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136 | &nbsp;&nbsp;&nbsp;&nbsp; 160581 |
| Great Outdoors Group LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/23/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19423 | &nbsp;&nbsp;&nbsp;&nbsp; 19570876 |
| Harbor Freight Tools USA, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 6/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21621 | &nbsp;&nbsp;&nbsp;&nbsp; 21621373 |
| Les Schwab Tire Centers, Term Loan, 6.173%, (3 mo. USD Term SOFR + 2.50%), 4/23/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15742 | &nbsp;&nbsp;&nbsp;&nbsp; 15768328 |
| Mavis Tire Express Services Corp., Term Loan, 6.669%, (6 mo. USD Term SOFR + 3.00%), 5/4/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9709 | &nbsp;&nbsp;&nbsp;&nbsp; 9736028 |
| Speedster Bidco GmbH, Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 12/11/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5766 | &nbsp;&nbsp;&nbsp;&nbsp; 5647120 |
|  |  |  | &nbsp;&nbsp;**$80163347** |
| Technology Hardware, Storage & Peripherals — 0.3% | Technology Hardware, Storage & Peripherals — 0.3% | Technology Hardware, Storage & Peripherals — 0.3% | Technology Hardware, Storage & Peripherals — 0.3% |
| CompoSecure Holdings LLC, Term Loan, 5.918%, (1 mo. USD Term SOFR + 2.25%), 1/14/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13905 | &nbsp;&nbsp;$13962984 |
|  |  |  | &nbsp;&nbsp;**$13962984** |

---

*30*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Trading Companies & Distributors — 4.0% | Trading Companies & Distributors — 4.0% | Trading Companies & Distributors — 4.0% | Trading Companies & Distributors — 4.0% |
| BCPE Empire Holdings, Inc., Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 12/29/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14425 | &nbsp;&nbsp;$14429472 |
| CD&R Hydra Buyer, Inc., Term Loan, 7.752%, (1 mo. USD Term SOFR + 4.00%), 3/25/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20497 | &nbsp;&nbsp;&nbsp;&nbsp; 20592177 |
| Core & Main LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.654%, (1 mo. USD Term SOFR + 2.00%), 7/27/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8028 | &nbsp;&nbsp;&nbsp;&nbsp; 8060120 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.654%, (1 mo. USD Term SOFR + 2.00%), 2/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12751 | &nbsp;&nbsp;&nbsp;&nbsp; 12788451 |
| DXP Enterprises, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 10/11/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13948 | &nbsp;&nbsp;&nbsp;&nbsp; 14087304 |
| Paint Intermediate III LLC, Term Loan, 6.666% - 6.673%, (3 mo. USD Term SOFR + 3.00%), 10/9/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9009 | &nbsp;&nbsp;&nbsp;&nbsp; 9042815 |
| Quimper AB, Term Loan, 5.122%, (3 mo. EURIBOR + 3.00%), 3/31/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9600 | &nbsp;&nbsp;&nbsp;&nbsp; 11298190 |
| Ramudden Global Group GmbH, Term Loan, 2/21/33<sup>(10)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27300 | &nbsp;&nbsp;&nbsp;&nbsp; 32130671 |
| Spin Holdco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.096%, (3 mo. USD Term SOFR + 5.43%), 9/4/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4263 | &nbsp;&nbsp;&nbsp;&nbsp; 4356351 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 7.928%, (3 mo. USD Term SOFR + 4.00%), 9/4/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13697 | &nbsp;&nbsp;&nbsp;&nbsp; 9690580 |
| White Cap Buyer LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.918%, (1 mo. USD Term SOFR + 3.25%), 10/19/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17175 | &nbsp;&nbsp;&nbsp;&nbsp; 17122486 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.168%, (1 mo. USD Term SOFR + 3.50%), 2/10/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16700 | &nbsp;&nbsp;&nbsp;&nbsp; 16606062 |
| Windsor Holdings III LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 8/1/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15144 | &nbsp;&nbsp;&nbsp;&nbsp; 15121322 |
|  |  |  | &nbsp;&nbsp;**$185326001** |
| Transportation Infrastructure — 1.0% | Transportation Infrastructure — 1.0% | Transportation Infrastructure — 1.0% | Transportation Infrastructure — 1.0% |
| Brown Group Holding LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 7/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17147 | &nbsp;&nbsp;$17253193 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152% - 6.173%, (1 mo. USD Term SOFR + 2.50%, 3 mo. USD Term SOFR + 2.50%), 7/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14962 | &nbsp;&nbsp;&nbsp;&nbsp; 15058508 |
| KKR Apple Bidco LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/23/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15532 | &nbsp;&nbsp;&nbsp;&nbsp; 15562944 |
|  |  |  | &nbsp;&nbsp;**$47874645** |
| Total Senior Floating-Rate Loans<br> (identified cost $5,403,006,754) |  |  | &nbsp;&nbsp;**$5287861498** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Agency Mortgage-Backed Securities — 0.1%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association, 5.50%, 12/20/55<sup>(13)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5488 | &nbsp;&nbsp;$5537265 |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (identified cost $5,563,288) |  | &nbsp;&nbsp;**$5537265** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Warrants — 0.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Health Care — 0.0% | Health Care — 0.0% | Health Care — 0.0% |
| Cano Health, Inc., Exp. 6/28/29<sup>(3)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10441 | &nbsp;&nbsp;$0 |
| Total Warrants<br> (identified cost $0) |  | &nbsp;&nbsp;**$0** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 3.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(14)</sup> | 152843874 | &nbsp;&nbsp;$152843874 |
| Total Short-Term Investments<br> (identified cost $152,843,874) |  | &nbsp;&nbsp;**$152843874** |
| Total Investments — 130.0%<br> (identified cost $6,206,788,591) |  | &nbsp;&nbsp;**$6041922260** |
| Less Unfunded Loan Commitments — (0.2)% |  | &nbsp;&nbsp;**$(10258317)** |
| Net Investments — 129.8%<br> (identified cost $6,196,530,274) |  | &nbsp;&nbsp;**$6031663943** |
| Other Assets, Less Liabilities — (29.8)% |  | &nbsp;&nbsp;**$(1384213226)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$4647450717** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| \* | In U.S. dollars unless otherwise indicated. |
| <sup>(1)</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 April 30, 2026, the aggregate value of these securities is $443,635,537 or 9.5% of the Portfolio's net assets. |
| <sup>(2)</sup> | Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026. |
| <sup>(3)</sup> | Non-income producing security. |

---

*31*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

<sup>(4)</sup> Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

<sup>(5)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(6)</sup> When-issued security.

<sup>(7)</sup> Affiliated company (see Note 7).

<sup>(8)</sup> Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

<sup>(9)</sup> Unfunded or partially unfunded loan commitments. The stated interest rate reflects the reference rate and spread for the funded portion, if any. At April 30, 2026, the total value of unfunded loan commitments is $10,676,704. See Note 1F for description.

<sup>(10)</sup> This Senior Loan will settle after April 30, 2026, at which time the interest rate will be determined.

<sup>(11)</sup> Issuer is in default with respect to interest and/or principal payments or has declared bankruptcy and is non-income producing. For a variable rate security, interest rate has been adjusted to reflect non-accrual status.

<sup>(12)</sup> Fixed-rate loan.

<sup>(13)</sup> Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts.

<sup>(14)</sup> May be deemed to be an affiliated investment company (see Note 7). The rate shown is the annualized seven-day yield as of April 30, 2026.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp;213958710 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;185407318 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/5/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(3644531) |
| GBP | &nbsp;&nbsp; 5500000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 7409376 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 74560 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 49977531 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 42163319 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 436786 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 44942600 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 37904398 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 405970 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 41831154 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 35359078 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp; 285205 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 342610 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 253718 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2629) |
| USD | &nbsp;&nbsp; 31084615 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 22925695 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;5/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (110736) |
| USD | &nbsp;&nbsp;217775116 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;185407318 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/2/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (114410) |
| EUR | &nbsp;&nbsp; 14694175 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 17196270 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 93532 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| GBP | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 10575040 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp; 309593 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 43644180 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 37862087 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (905987) |
| USD | &nbsp;&nbsp; 68257543 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 59220187 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1423489) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$1605646** | &nbsp;&nbsp;**$(6201782)** |

---

*32*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** | **Credit Default Swaps - Sell Protection (Centrally Cleared)** |
| **Reference Entity** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Current<br> Market Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| Markit CDX North America High Yield Index (CDX.NA.HY.46.V1) | &nbsp;&nbsp;$256500 &nbsp;&nbsp;5.00%<br> (pays quarterly)<sup>(4)</sup> | &nbsp;&nbsp;3.30% | &nbsp;&nbsp;6/20/31 | &nbsp;&nbsp;$10172241 | &nbsp;&nbsp;$(5200009) | &nbsp;&nbsp;$4972232 |
| **Total** | &nbsp;&nbsp;**$256500** |  |  | &nbsp;&nbsp;**$10172241** | &nbsp;&nbsp;**$(5200009)** | &nbsp;&nbsp;**$4972232** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Contract Annual<br> Fixed Rate<sup>(2)</sup>** | &nbsp;&nbsp;**Current<br> Market<br> Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| U.S. Land Banking | &nbsp;&nbsp;Goldman Sachs Bank USA | &nbsp;&nbsp;$5000 | &nbsp;&nbsp;5.50%<br> (pays monthly) | &nbsp;&nbsp;5.79% | &nbsp;&nbsp;10/10/29 | &nbsp;&nbsp;$(22248) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(22248) |
| **Total** |  | &nbsp;&nbsp;**$5000** |  |  |  | &nbsp;&nbsp;**$(22248)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(22248)** |

---

<sup>(1)</sup> If the Portfolio is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Portfolio could be required to make if a credit event, as defined in the credit default swap agreement, were to occur. At April 30, 2026, such maximum potential amount for all open credit default swaps in which the Portfolio is the seller was $261,500,000.

<sup>(2)</sup> The contract annual fixed rate represents the fixed rate of interest received by the Portfolio (as a seller of protection) or paid by the Portfolio (as a buyer of protection) on the notional amount of the credit default swap contract.

<sup>(3)</sup> Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the market's perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit event involving the reference entity. A rate identified as "Defaulted" indicates a credit event has occurred for the reference entity.

<sup>(4)</sup> Upfront payment is exchanged with the counterparty as a result of the standardized trading coupon.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| DIP | – Debtor In Possession |
| EURIBOR | – Euro Interbank Offered Rate |
| OTC | – Over-the-counter |
| SOFR | – Secured Overnight Financing Rate |
| SONIA | – Sterling Overnight Interbank Average |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| USD | – United States Dollar |

---

*33*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $6,004,857,160) | &nbsp;&nbsp;$5841295882 |
| Affiliated investments, at value (identified cost $191,673,114) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190368061 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18018525 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9582819 |
| &nbsp;&nbsp;&nbsp;OTC derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5560000 |
| Foreign currency, at value (identified cost $34,601,131) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34633181 |
| Interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29153054 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;573265 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147679688 |
| Receivable for variation margin on open centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454441 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1605646 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18500 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308648 |
| Prepaid upfront and agency fees on notes payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3020983 |
| **Total assets** | &nbsp;&nbsp;**$6282272693** |
| Liabilities |  |
| Notes payable | &nbsp;&nbsp;$1300000000 |
| Cash collateral due to broker | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050000 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303647035 |
| Payable for when-issued securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9972168 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6201782 |
| Payable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22248 |
| 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;2100987 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9042 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308648 |
| Accrued expenses and other liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11510066 |
| **Total liabilities** | &nbsp;&nbsp;**$1634821976** |
| Commitments and contingencies (see Note 10) |  |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$4647450717** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income | &nbsp;&nbsp;$416759 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3035833 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229787456 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;443624 |
| **Total investment income** | &nbsp;&nbsp;**$233683672** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$13843435 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605314 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554887 |
| Interest expense and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39160284 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248331 |
| **Total expenses** | &nbsp;&nbsp;**$54466501** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$179615 |
| **Total expense reductions** | &nbsp;&nbsp;**$179615** |
| **Net expenses** | &nbsp;&nbsp;**$54286886** |
| **Net investment income** | &nbsp;&nbsp;**$179396786** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(193721235) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2609388) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908702 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9704735 |
| **Net realized loss** | &nbsp;&nbsp;**$(185717186)** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$44473496 |
| &nbsp;&nbsp;&nbsp;Investments - affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(691388) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4406305 |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;919135 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15010630) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$34096918** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(151620268)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$27776518** |

---

*35*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$179396786 | &nbsp;&nbsp;$477341812 |
| &nbsp;&nbsp;&nbsp;Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(185717186) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(131423151) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34096918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(28088813) |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$27776518** | &nbsp;&nbsp;**$317829848** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$32551753 | &nbsp;&nbsp;$839017134 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(931143484) | &nbsp;&nbsp;&nbsp;&nbsp;(1494277000) |
| **Net decrease in net assets from capital transactions** | &nbsp;&nbsp;**$(898591731)** | &nbsp;&nbsp;**$(655259866)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(870815213)** | &nbsp;&nbsp;**$(337430018)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$5518265930 | &nbsp;&nbsp;$5855695948 |
| **At end of period** | &nbsp;&nbsp;**$4647450717** | &nbsp;&nbsp;**$5518265930** |

---

*36*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Statement of Cash Flows (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Cash Flows From Operating Activities |  |
| Net increase in net assets from operations | &nbsp;&nbsp;$27776518 |
| Adjustments to reconcile net increase in net assets from operations to net cash provided by operating activities: |  |
| &nbsp;&nbsp;&nbsp;Investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;(1015152288) |
| &nbsp;&nbsp;&nbsp;Investments sold and principal repayments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2001508445 |
| &nbsp;&nbsp;&nbsp;Increase in short-term investments, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(68265706) |
| &nbsp;&nbsp;&nbsp;Net amortization/accretion of premium (discount) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12911457) |
| &nbsp;&nbsp;&nbsp;Amortization of prepaid upfront and agency fees on notes payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1818869 |
| &nbsp;&nbsp;&nbsp;Decrease in interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7228844 |
| &nbsp;&nbsp;&nbsp;Increase in dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(60357) |
| &nbsp;&nbsp;&nbsp;Increase in variation margin on open centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(454441) |
| &nbsp;&nbsp;&nbsp;Decrease in receivable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23256 |
| &nbsp;&nbsp;&nbsp;Decrease in Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11308 |
| &nbsp;&nbsp;&nbsp;Decrease in receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2930 |
| &nbsp;&nbsp;&nbsp;Decrease in due to broker | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3740000) |
| &nbsp;&nbsp;&nbsp;Decrease in variation margin on open centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(136884) |
| &nbsp;&nbsp;&nbsp;Increase in payable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22248 |
| &nbsp;&nbsp;&nbsp;Decrease in payable to affiliates for investment adviser fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(393956) |
| &nbsp;&nbsp;&nbsp;Decrease in payable to affiliates for Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11308) |
| &nbsp;&nbsp;&nbsp;Increase in accrued expenses and other liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6024371 |
| &nbsp;&nbsp;&nbsp;Decrease in unfunded loan commitments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1546933) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized (appreciation) depreciation from investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(43782108) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized (appreciation) depreciation from forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15010630 |
| &nbsp;&nbsp;&nbsp;Net realized loss from investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193721235 |
| **Net cash provided by operating activities** | &nbsp;&nbsp;**$1106693216** |
| Cash Flows From Financing Activities |  |
| Proceeds from capital contributions | &nbsp;&nbsp;$32551753 |
| Payments for capital withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(931143484) |
| Proceeds from notes payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275000000 |
| Repayments of notes payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(500000000) |
| Payment of prepaid upfront and agency fees on notes payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3020834) |
| **Net cash used in financing activities** | &nbsp;&nbsp;**$(1126612565)** |
| **Net decrease in cash and restricted cash\*** | &nbsp;&nbsp;**$(19919349)** |
| **Cash and restricted cash at beginning of period (including foreign currency)** | &nbsp;&nbsp;**$87713874** |
| **Cash and restricted cash at end of period (including foreign currency)** | &nbsp;&nbsp;**$67794525** |
| Supplemental disclosure of cash flow information: |  |
| Cash paid for interest and fees on borrowings | &nbsp;&nbsp;$40123882 |

---

\* Includes net change in unrealized (appreciation) depreciation on foreign currency of $(316364).

*37*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Statement of Cash Flows (Unaudited) — continued

------

The following table provides a reconciliation of cash and restricted cash reported within the Statement of Assets and Liabilities that sum to the total of such amounts shown on the Statement of Cash Flows.

---

| | |
|:---|:---|
| | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Cash | &nbsp;&nbsp;$18018525 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Centrally cleared swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9582819 |
| &nbsp;&nbsp;&nbsp;OTC derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5560000 |
| Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;34633181 |
| **Total cash and restricted cash as shown on the Statement of Cash Flows** | &nbsp;&nbsp;**$67794525** |

---

*38*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Expenses excluding interest and fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.61%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.55% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.57% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.52% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.53% |
| &nbsp;&nbsp;&nbsp;Interest and fee expense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.81% | &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;&nbsp;&nbsp;&nbsp;0.32% |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.17%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.37% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.99% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.16%<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.85%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.23%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.37%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.99%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.85% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.14%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.07% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.01% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.16% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.19% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18% | &nbsp;&nbsp;&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;&nbsp;&nbsp;28% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**0.39%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.91%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.64%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.42%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4.22)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.75%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$4647451** | &nbsp;&nbsp;**$5518266** | &nbsp;&nbsp;**$5855696** | &nbsp;&nbsp;**$5875465** | &nbsp;&nbsp;**$7369505** | &nbsp;&nbsp;**$8423553** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund and in other affiliated funds (equal to 0.01% of average daily net assets for the six months ended April 30, 2026 and less than 0.005% of average daily net assets for the years ended October 31, 2025, 2024, 2023 and 2022).

<sup>(4)</sup> Not annualized.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Senior Debt Portfolio (the Portfolio) 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 Portfolio's investment objective is to provide a high level of current income. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Floating-Rate Advantage Fund, Eaton Vance Strategic Income Fund and Eaton Vance Short Duration Inflation-Protected Income Fund held an interest of 86.1%, 11.4% and 2.5%, respectively, in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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.

**Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Senior Loans, for which a valuation is not available or deemed unreliable, are fair valued by the investment adviser utilizing one or more of the valuation techniques described below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan. If the investment adviser believes that there is a reasonable likelihood of full repayment, the investment adviser will determine fair value using a matrix pricing approach that considers the yield on the Senior Loan relative to yields on other Senior Loans issued by companies of comparable credit quality. If the investment adviser believes there is not a reasonable likelihood of full repayment, the investment adviser will determine fair value using analyses that include, but are not limited to: (i) a comparison of the value of the borrower's outstanding equity and debt to that of comparable public companies; (ii) a discounted cash flow analysis; or (iii) when the investment adviser believes it is likely that a borrower will be liquidated or sold, an analysis of the terms of such liquidation or sale. In certain cases, the investment adviser will use a combination of analytical methods to determine fair value, such as when only a portion of a borrower's assets are likely to be sold. In conducting its assessment and analyses for purposes of determining fair value of a Senior Loan, the investment adviser will use its discretion and judgment in considering and appraising relevant factors. Junior Loans (i.e., subordinated loans and second lien loans) are valued in the same manner as Senior Loans.**

**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.**

**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 or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

**Derivatives. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service. Swaps are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract, and in the case of credit default swaps, based on credit spread quotations obtained from broker/dealers and expected default recovery rates determined by the pricing service using proprietary models. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.**

**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.**

**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. Exchange-traded funds are valued at the official closing price as reported by an independent pricing service on the primary market or exchange on which they are traded.**

**Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, the Trustees have designated the Portfolio'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 Portfolio 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**

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Fees in connection with investments in senior floating-rate loans may include amendment fees, consent fees and prepayment fees, which are recorded to income as earned and included in Other income on the Statement of Operations. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. Withholding taxes on foreign dividends have been provided for in accordance with the Portfolio's understanding of the applicable countries' tax rules and rates. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

D Federal and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

As of April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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.

F Unfunded Loan Commitments—The Portfolio may enter into certain loan agreements all or a portion of which may be unfunded. The Portfolio is obligated to fund these commitments at the borrower's discretion. These commitments are disclosed in the accompanying Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover these commitments.

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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

I Forward Foreign Currency Exchange Contracts—The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

J Credit Default Swaps— Swap contracts are privately negotiated agreements between the Portfolio and a counterparty. Certain swap contracts may be centrally cleared ("centrally cleared swaps"), whereby all payments made or received by the Portfolio pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared swaps, the Portfolio is required to deposit with the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. When the Portfolio is the buyer of a credit default swap contract, the Portfolio is entitled to receive the par (or other agreed-upon)

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

value of a referenced debt obligation (or basket of debt obligations) from the counterparty (or CCP in the case of a centrally cleared swap) to the contract if a credit event by a third party, such as a U.S. or foreign corporate issuer or sovereign issuer, on the debt obligation occurs. In return, the Portfolio pays the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Portfolio would have spent the stream of payments and received no proceeds from the contract. When the Portfolio is the seller of a credit default swap contract, it receives the stream of payments, but is obligated to pay to the buyer of the protection an amount up to the notional amount of the swap and in certain instances take delivery of securities of the reference entity upon the occurrence of a credit event, as defined under the terms of that particular swap agreement. Credit events are contract specific but may include bankruptcy, failure to pay, restructuring, obligation acceleration and repudiation/moratorium. If the Portfolio is a seller of protection and a credit event occurs, the maximum potential amount of future payments that the Portfolio could be required to make would be an amount equal to the notional amount of the agreement. This potential amount would be partially offset by any recovery value of the respective referenced obligation, or net amount received from the settlement of a buy protection credit default swap agreement entered into by the Portfolio for the same referenced obligation. As the seller, the Portfolio may create economic leverage to its portfolio because, in addition to its total net assets, the Portfolio is subject to investment exposure on the notional amount of the swap. The interest fee paid or received on the swap contract, which is based on a specified interest rate on a fixed notional amount, is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as realized gain upon receipt or realized loss upon payment. The Portfolio also records an increase or decrease to unrealized appreciation (depreciation) in an amount equal to the daily valuation. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. All upfront payments and receipts, if any, are amortized over the life of the swap contract as realized gains or losses. Those upfront payments or receipts for non-centrally cleared swaps are recorded as other assets or other liabilities, respectively, net of amortization. For financial reporting purposes, unamortized upfront payments or receipts, if any, are netted with unrealized appreciation or depreciation on swap contracts to determine the market value of swaps as presented in Notes 5 and 8. These transactions involve certain risks, including the risk that the seller may be unable to fulfill the transaction. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP.

K When-Issued Securities and Delayed Delivery Transactions—The Portfolio may purchase securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. The Portfolio maintains cash and/or security positions for these commitments such that sufficient liquid assets will be available to make payments upon settlement. Securities purchased on a delayed delivery or when-issued basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract.

L Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

M Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Portfolio. The fee is computed at an annual rate as a percentage of average daily gross assets as follows and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Gross Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to and including $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.5000% |
| In excess of $1 billion up to and including $2 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4500% |
| In excess of $2 billion up to and including $7 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.4000% |
| In excess of $7 billion up to and including $10 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.3875% |
| In excess of $10 billion up to and including $15 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.3750% |
| In excess of $15 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.3625% |

---

Gross assets are calculated by deducting all liabilities of the Portfolio except the principal amount of any indebtedness for money borrowed. For the six months ended April 30, 2026, the Portfolio's investment adviser fee amounted to $13,843,435 or 0.55% (annualized) of the Portfolio's average daily net assets. The Portfolio 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

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[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

subsidiary of Morgan Stanley, and in other affiliated funds. The investment adviser fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees/advisory fees paid by the Portfolio due to its investment in the Liquidity Fund and in other affiliated funds. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $179,615 relating to the Portfolio's investment in the Liquidity Fund and in other affiliated funds.

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities, paydowns and principal repayments on Senior Loans for the six months ended April 30, 2026 were as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;&nbsp;**Sales** |
| Investments (non-U.S. Government) | &nbsp;&nbsp;&nbsp;&nbsp;$970567611 | &nbsp;&nbsp;&nbsp;&nbsp;$1962009502 |
| U.S. Government and Agency Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5614802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50497 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$976182413** | &nbsp;&nbsp;&nbsp;&nbsp;**$1962059999** |

---

4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Portfolio at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$6198056964** |
| Gross unrealized appreciation | &nbsp;&nbsp;$57560315 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(223599488) |
| **Net unrealized depreciation** | &nbsp;&nbsp;**$(166039173)** |

---

5 Financial Instruments

The Portfolio may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities. These financial instruments may include forward foreign currency exchange contracts and swap contracts 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 Portfolio 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:

Credit Risk: The Portfolio enters into credit default swap contracts to manage certain investment risks and/or to enhance total return, to seek to hedge against interest rate fluctuations or as a substitute for the purchase or sale of securities.

Foreign Exchange Risk: Because the Portfolio holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Portfolio enters into forward foreign currency exchange contracts.

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The Portfolio enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio's net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $6,224,030. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $9,893,754 at April 30, 2026.

The OTC derivatives in which the Portfolio invests are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio may,under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio's net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio and/or counterparty is held in segregated accounts by the Portfolio's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Portfolio of Investments. The carrying amount of the liability for cash collateral due to broker at April 30, 2026 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 8) at April 30, 2026.

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Total** |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;$10172241<sup>(1)</sup> | &nbsp;&nbsp;$— | &nbsp;&nbsp;$10172241 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1605646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1605646 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$10172241** | &nbsp;&nbsp;**$1605646** | &nbsp;&nbsp;**$11777887** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$10172241** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$10172241** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$1605646** | &nbsp;&nbsp;**$1605646** |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(6201782) | &nbsp;&nbsp;$(6201782) |
| Payable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22248) | &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;(22248) |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$(22248)** | &nbsp;&nbsp;**$(6201782)** | &nbsp;&nbsp;**$(6224030)** |

---

<sup>(1)</sup> Only the current day's variation margin on open centrally cleared swap contracts is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open centrally cleared swap contracts, as applicable.

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The Portfolio's derivative assets and liabilities at fair value by risk, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following tables present the Portfolio's derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Portfolio for such assets and pledged by the Portfolio for such liabilities as of April 30, 2026.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** | &nbsp;&nbsp;&nbsp;**Total Cash<br> Collateral<br> Received** |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;$436786 | &nbsp;&nbsp;&nbsp;$(436786) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;1168860 | &nbsp;&nbsp;&nbsp;&nbsp;(110736) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1050000) | &nbsp;&nbsp;&nbsp;&nbsp;8124 | &nbsp;&nbsp;&nbsp;&nbsp;1050000 |
|  | &nbsp;&nbsp;&nbsp;**$1605646** | &nbsp;&nbsp;&nbsp;**$(547522)** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$(1050000)** | &nbsp;&nbsp;&nbsp;**$8124** | &nbsp;&nbsp;&nbsp;**$1050000** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** | &nbsp;&nbsp;&nbsp;**Total Cash<br> Collateral<br> Pledged** |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;$(905987) | &nbsp;&nbsp;&nbsp;$436786 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$469201 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$530000 |
| Goldman Sachs Bank USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;22248 | &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;&nbsp;&nbsp; — |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;(1423489) | &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;1090000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(333489) | &nbsp;&nbsp;&nbsp;&nbsp;1090000 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2629) | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2629) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;(3758941) | &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;2890000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(868941) | &nbsp;&nbsp;&nbsp;&nbsp;2890000 |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(110736) | &nbsp;&nbsp;&nbsp;&nbsp;110736 | &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  | &nbsp;&nbsp;&nbsp;**$(6224030)** | &nbsp;&nbsp;&nbsp;**$547522** | &nbsp;&nbsp;&nbsp;**$22248** | &nbsp;&nbsp;&nbsp;**$4449201** | &nbsp;&nbsp;&nbsp;**$(1205059)** | &nbsp;&nbsp;&nbsp;**$4510000** |
| **Total — Deposits for derivatives collateral — OTC derivatives** | **Total — Deposits for derivatives collateral — OTC derivatives** | **Total — Deposits for derivatives collateral — OTC derivatives** |  |  |  | &nbsp;&nbsp;&nbsp;**$5560000** |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Statement of Operations Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;$(2609388) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(2609388) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9704735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9704735 |
| **Total** | &nbsp;&nbsp;**$(2609388)** | &nbsp;&nbsp;**$9704735** | &nbsp;&nbsp;**$7095347** |
| Change in unrealized appreciation (depreciation): |  |  |  |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;$4406305 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$4406305 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(15010630) | &nbsp;&nbsp;&nbsp;&nbsp;(15010630) |
| **Total** | &nbsp;&nbsp;**$4406305** | &nbsp;&nbsp;**$(15010630)** | &nbsp;&nbsp;**$(10604325)** |

---

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The average notional amounts of derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | |
|:---|:---|
| **Forward<br> Foreign Currency<br> Exchange Contracts<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $760853000 | &nbsp;&nbsp;&nbsp;&nbsp;$176364000 |

---

<sup>(1)</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

6 Revolving Credit and Security Agreement

The Portfolio has entered into a Revolving Credit and Security Agreement, as amended (the "Loan Facility"), with Toronto Dominion Bank as direct lender and agent and certain other banks as direct lenders that allows it to borrow up to $1.750 billion through August 31, 2026 and $1.625 billion thereafter ($2 billion prior to April 30, 2026) and to invest the borrowings in accordance with its investment practices. Borrowings under the Loan Facility are secured by the assets of the Portfolio. The Loan Facility is in effect through April 29, 2027. Interest is generally charged at a rate equal to the 1-Month Term Secured Overnight Financing Rate (SOFR) plus 0.11448% credit spread adjustment. In connection with the renewal of the Loan Facility on April 30, 2026, the Portfolio paid upfront fees of approximately $2,521,000 and agency fees of $500,000, which are being amortized to interest expense through April 29, 2027. The Portfolio also pays (1) a drawn fee equal to 0.95% per annual on outstanding borrowings, and (2) a liquidity fee equal to 0.25% per annum of the undrawn amount under the Loan Facility. The Portfolio also incurred upfront and agency fees that were being amortized through April 30, 2026, of which $1,818,869 is included in interest expense for the six months ended April 30, 2026.

Drawn and liquidity fees for the six months ended April 30, 2026 totaled $7,860,347 and are included in interest expense and fees on the Statement of Operations. Unamortized upfront and agency fees at April 30, 2026 are approximately $3,021,000 and are included in prepaid upfront and agency fees on notes payable on the Statement of Assets and Liabilities. At April 30, 2026, the Portfolio had borrowings outstanding under the Loan Facility of $1.3 billion at an annual interest rate of 3.77%. Based on the short-term nature of borrowings under the Loan Facility and the variable interest rate, the carrying amount of the borrowings at April 30, 2026 approximated its fair value. If measured at fair value, borrowings under the Loan Facility would have been considered as Level 2 in the fair value hierarchy (see Note 8) at April 30, 2026. For the six months ended April 30, 2026, the average borrowings under the Loan Facility and the average annual interest rate (excluding fees) were $1,526,243,094 and 3.85%, respectively.

7 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $190,368,061, which represents 4.1% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Exchange-Traded Funds** |  |  |  |  |  |  |  |  |
| Eaton Vance Floating-Rate ETF | $38215575 | $— | $— | $— | $(691388) | $37524187 | $1268695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;772500 |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | &nbsp;&nbsp;&nbsp;79554679 | &nbsp;&nbsp;&nbsp;1254697452 | &nbsp;&nbsp;&nbsp;(1181408257) | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;152843874 | &nbsp;&nbsp;&nbsp;1767138 | 152843874 |
| **Total** |  |  |  | **$—** | **$(691388)** | **$190368061** | **$3035833** |  |

---

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

8 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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Asset-Backed Securities | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$167156553 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$167156553 |
| Closed-End Funds | &nbsp;&nbsp;&nbsp;&nbsp; 1711044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1711044 |
| Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 390007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50810986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14694170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65895163 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 303060631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 303060631 |
| Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp; 42921369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42921369 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3683354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11251509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14934863 |
| Senior Floating-Rate Loans (Less Unfunded Loan Commitments) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5254558275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23044906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5277603181 |
| U.S. Government Agency Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5537265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5537265 |
| Warrants | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;152843874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152843874 |
| **Total Investments** | &nbsp;&nbsp;**$197866294** | &nbsp;&nbsp;&nbsp;&nbsp;**$5784807064** | &nbsp;&nbsp;&nbsp;&nbsp;**$48990585** | &nbsp;&nbsp;&nbsp;&nbsp;**$6031663943** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1605646 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$1605646 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10172241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10172241 |
| **Total** | &nbsp;&nbsp;**$197866294** | &nbsp;&nbsp;&nbsp;&nbsp;**$5796584951** | &nbsp;&nbsp;&nbsp;&nbsp;**$48990585** | &nbsp;&nbsp;&nbsp;&nbsp;**$6043441830** |
| **Liability Description** |  |  |  |  |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(6201782) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(6201782) |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22248) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (22248) |
| **Total** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(6224030)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(6224030)** |

---

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

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 six months ended April 30, 2026 is not presented.

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

Senior Debt Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

9 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, and by acts of terrorism and war. 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 Portfolio 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.

#### Credit Risk
The Portfolio invests primarily in below investment grade floating-rate loans, which are considered speculative because of the credit risk of their issuers. Changes in economic conditions or other circumstances are more likely to reduce the capacity of issuers of these securities to make principal and interest payments. Such companies are more likely to default on their payments of interest and principal owed than issuers of investment grade bonds. An economic downturn generally leads to a higher non-payment rate, and a loan or other debt obligation may lose significant value before a default occurs. Lower rated investments also may be subject to greater price volatility than higher rated investments. Moreover, the specific collateral used to secure a loan may decline in value or become illiquid, which would adversely affect the loan's value.

10 Commitments and Contingencies

In connection with the Serta Chapter 11 bankruptcy proceeding, on December 31, 2024, the U.S. Fifth Circuit Court of Appeals reversed a bankruptcy court's ruling that held permissible an "uptier" agreement (the "2020 Agreement") entered into by Serta with certain participating lenders, including the Portfolio. The 2020 Agreement had the effect of subordinating the existing debt of certain non-participating lenders to that of the participating lenders. The non-participating lenders brought claims for breach of contract, arguing that the participating lenders had breached an earlier agreement by entering into the 2020 Agreement. The appellate court found that the bankruptcy court had erred in determining that the 2020 Agreement was permitted by the terms of the earlier agreement and remanded the breach of contract claims for further consideration by the bankruptcy court. The appellate court further held that indemnification of the participating lenders in the 2020 Agreement was impermissible under the U.S. Bankruptcy Code.

A request by the Portfolio and the other participating lenders for a rehearing of this matter before the Fifth Circuit en banc was denied. A bench trial took place on the breach of contract claim in March 2026, and the Court is expected to rule by July 2026. The attorneys' fees and costs related to these actions are expensed by the Portfolio as incurred.

------

[**Table of Contents**](#JOB_EV_AR_5cddc79c-0e34-495d-ac9c-8e7df856556e_TOC)

EAFAX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Multi-Asset Credit Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img7dbce13a1.gif)

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**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

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#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Multi-Asset Credit Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_3441fef7-aac0-4e68-af3e-a9dcf3e3f764_1)** |  |
| [Items 6 and 7 of Form N-CSR:](#xx_9882676a-a48b-449e-9e34-0b820751a848_1) | [Items 6 and 7 of Form N-CSR:](#xx_9882676a-a48b-449e-9e34-0b820751a848_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_9882676a-a48b-449e-9e34-0b820751a848_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_8a6dc087-7993-4139-83f7-6ac9ca30f472_1) | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_8a6dc087-7993-4139-83f7-6ac9ca30f472_3) | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_8a6dc087-7993-4139-83f7-6ac9ca30f472_4) | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_e566dfbf-6824-4c26-bf2b-b07d27766192_1) | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_da73d674-6425-4e47-a588-119489906b96_1) | 32 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited)

------

Asset-Backed Securities — 11.7%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| AASET, Series 2025-1A, Class A, 5.943%, 2/16/50<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274 | &nbsp;&nbsp;$276689 |
| Acacia LLC, Series 2025-1, Class B, 6.21%, 11/15/37<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912 | &nbsp;&nbsp;&nbsp;&nbsp; 911190 |
| ACHM Mortgage Trust, Series 2024-HE1, Class C, 6.55%, 5/25/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 274026 |
| Applebee's Funding LLC/IHOP Funding LLC, Series 2025-1A, Class A2, 6.72%, 6/7/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1231 | &nbsp;&nbsp;&nbsp;&nbsp; 1235100 |
| Babson CLO Ltd., Series 2022-4A, Class D1R, 6.925%, (3 mo. SOFR + 3.25%), 10/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 998195 |
| Ballyrock CLO 16 Ltd., Series 2021-16A, Class DR, 8.825%, (3 mo. SOFR + 5.15%), 4/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 917870 |
| Barings CLO Ltd., Series 2025-1A, Class E, 8.275%, (3 mo. SOFR + 4.60%), 4/20/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 990357 |
| Benefit Street Partners CLO XVIII Ltd., Series 2019-18A, Class ER2, 8.372%, (3 mo. SOFR + 4.70%), 10/15/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 497216 |
| Blueberry Park CLO Ltd., Series 2024-1A, Class D2, 7.925%, (3 mo. SOFR + 4.25%), 10/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 971710 |
| BlueMountain CLO XXVI Ltd., Series 2019-26A, Class ER, 11.067%, (3 mo. SOFR + 7.392%), 10/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 486387 |
| Bridge Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-SFR1, Class E1, 4.30%, 8/17/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465 | &nbsp;&nbsp;&nbsp;&nbsp; 445684 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR1, Class E, 4.35%, 9/17/42<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437 | &nbsp;&nbsp;&nbsp;&nbsp; 404525 |
| Brookhaven Park CLO Ltd., Series 2024-1A, Class D, 7.275%, (3 mo. SOFR + 3.60%), 4/19/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 991294 |
| Cajun Global LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-1A, Class A2, 6.554%, 2/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;964 | &nbsp;&nbsp;&nbsp;&nbsp; 974798 |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class A2, 5.912%, 11/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890 | &nbsp;&nbsp;&nbsp;&nbsp; 884073 |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class M, 8.72%, 11/20/55<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 984288 |
| Carlyle Global Market Strategies CLO Ltd., Series 2015-5A, Class DR, 10.637%, (3 mo. SOFR + 6.962%), 1/20/32<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 244186 |
| Cloud Capital Holdco LP, Series 2024-2A, Class A2, 5.923%, 11/22/49<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1005056 |
| Crown City CLO III, Series 2021-1A, Class C, 7.237%, (3 mo. SOFR + 3.562%), 7/20/34<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 972718 |
| DataBank Issuer, Series 2026-1A, Class A2, 5.811%, 2/25/56<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1560 | &nbsp;&nbsp;&nbsp;&nbsp; 1564067 |
| Eldridge CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class D1, 6.505%, (3 mo. SOFR + 2.85%), 1/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1001977 |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class E, 8.905%, (3 mo. SOFR + 5.25%), 1/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 503895 |
| Elmwood CLO 32 Ltd., Series 2024-8A, Class D1, 6.525%, (3 mo. SOFR + 2.85%), 10/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1502010 |
| Elmwood CLO VIII Ltd., Series 2021-1A, Class DR, 7.475%, (3 mo. SOFR + 3.80%), 4/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1003500 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Empower CLO Ltd., Series 2024-1A, Class D1, 7.417%, (3 mo. SOFR + 3.75%), 4/25/37<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$1000050 |
| Galaxy 33 CLO Ltd., Series 2024-33A, Class D1, 7.225%, (3 mo. SOFR + 3.55%), 4/20/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 801786 |
| Gracie Point International Funding LLC, Series 2025-1A, Class C, 6.404%, (30-day SOFR Average + 2.75%), 8/15/28<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 330547 |
| Hageman Capital Issuer Trust, Series 2025-1, Class A, 6.40%, 8/9/56<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1089 | &nbsp;&nbsp;&nbsp;&nbsp; 1059203 |
| Harvest U.S. CLO Ltd.: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-2A, Class D1, 6.923%, (3 mo. SOFR + 3.25%), 10/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1501530 |
| &nbsp;&nbsp;&nbsp;Series 2024-3A, Class D1, 6.975%, (3 mo. SOFR + 3.30%), 1/18/38<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1002652 |
| Home Partners of America Trust, Series 2021-2, Class F, 3.799%, 12/17/26<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1247 | &nbsp;&nbsp;&nbsp;&nbsp; 1231118 |
| HTAP Issuer Trust, Series 2024-2, Class A, 6.50%, 4/25/42<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;706 | &nbsp;&nbsp;&nbsp;&nbsp; 705297 |
| Kinetic Advantage Master Owner Trust, Series 2025-1A, Class A, 5.84%, (30-day SOFR Average + 2.20%), 10/15/29<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880 | &nbsp;&nbsp;&nbsp;&nbsp; 884568 |
| Lafayette Federal Credit Union Asset Trust, Series 2026-HI1A, Class A2, 5.375%, 1/25/46<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1045 | &nbsp;&nbsp;&nbsp;&nbsp; 1035874 |
| LoanDepot GMSR Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-GT1, Class A, 6.514%, (1 mo. SOFR + 2.85%), 5/16/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1354 | &nbsp;&nbsp;&nbsp;&nbsp; 1345050 |
| &nbsp;&nbsp;&nbsp;Series 2025-GT1, Class B, 7.214%, (1 mo. SOFR + 3.55%), 5/16/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp; 269713 |
| Madison Park Funding LV Ltd., Series 2022-55A, Class D1R, 6.825%, (3 mo. SOFR + 3.15%), 7/18/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1449664 |
| Madison Park Funding XXXVI Ltd., Series 2019-36A, Class ERR, 9.273%, (3 mo. SOFR + 5.60%), 4/15/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 888988 |
| Magnetite XXII Ltd., Series 2019-22A, Class DRR, 6.573%, (3 mo. SOFR + 2.90%), 7/15/36<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1251774 |
| Marble Point CLO XXIV Ltd., Series 2022-1A, Class D1R, 6.925%, (3 mo. SOFR + 3.25%), 4/20/35<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 997971 |
| MidOcean Credit CLO XXII, Series 2026-22A, Class E, 8.569%, (3 mo. SOFR + 4.90%), 4/20/39<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1000121 |
| Mission Lane Credit Card Master Trust, Series 2026-A, Class B, 5.34%, 7/15/32<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 240600 |
| NRZ Excess Spread-Collateralized Notes, Series 2024-FNT1, Class A, 7.398%, 11/25/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709 | &nbsp;&nbsp;&nbsp;&nbsp; 711977 |
| OCP CLO Ltd., Series 2024-32A, Class D1, 7.416%, (3 mo. SOFR + 3.75%), 4/23/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1002835 |
| Octagon Investment Partners 49 Ltd., Series 2020-5A, Class D1R, 7.723%, (3 mo. SOFR + 4.05%), 4/15/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1202250 |
| Phantom Aviation, Series 2026-1, Class B, 6.027%, 1/15/51<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988 | &nbsp;&nbsp;&nbsp;&nbsp; 979340 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| PNMAC GMSR Issuer Trust, Series 2025-GT1, Class A, 6.104%, (1 mo. SOFR + 2.45%), 8/26/30<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315 | &nbsp;&nbsp;$1320126 |
| PRMI Securitization Trust, Series 2025-PHL1, Class A3, 5.999%, (30-day SOFR Average + 2.33%), 6/25/55<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1199918 |
| RR 35 Ltd., Series 2024-35A, Class D, 9.023%, (3 mo. SOFR + 5.35%), 1/15/40<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2507687 |
| Saluda Grade Alternative Mortgage Trust, Series 2025-NPL2, Class A1, 7.774% to 4/25/28, 5/25/30<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668 | &nbsp;&nbsp;&nbsp;&nbsp; 667036 |
| Santander Bank Auto Credit-Linked Notes: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-B, Class F, 8.881%, 1/18/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672 | &nbsp;&nbsp;&nbsp;&nbsp; 685544 |
| &nbsp;&nbsp;&nbsp;Series 2025-A, Class E, 6.274%, 1/16/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1495097 |
| SCF Equipment Leasing LLC, Series 2025-2A, Class E, 6.21%, 6/20/36<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1367 | &nbsp;&nbsp;&nbsp;&nbsp; 1338766 |
| Sixth Street CLO XV Ltd., Series 2020-15A, Class D1R, 6.817%, (3 mo. SOFR + 3.15%), 10/24/37<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 999456 |
| STAR Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR5, Class D, 6.105%, (1 mo. SOFR + 2.45%), 2/17/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459 | &nbsp;&nbsp;&nbsp;&nbsp; 459420 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR5, Class E, 6.605%, (1 mo. SOFR + 2.95%), 2/17/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 229499 |
| &nbsp;&nbsp;&nbsp;Series 2025-SFR6, Class D, 6.055%, (1 mo. SOFR + 2.40%), 8/17/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674 | &nbsp;&nbsp;&nbsp;&nbsp; 675905 |
| Tricon Residential Trust, Series 2025-SFR1, Class E, 6.155%, (1 mo. SOFR + 2.50%), 3/17/42<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422 | &nbsp;&nbsp;&nbsp;&nbsp; 422165 |
| Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class C, 6.807%, 9/26/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1128 | &nbsp;&nbsp;&nbsp;&nbsp; 1124440 |
| Vantage Data Centers Germany Borrower Lux SARL, Series 2025-1A, Class B, 4.929%, 6/28/50<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;&nbsp;&nbsp; 740739 |
| VB-S1 Issuer LLC, Series 2024-1A, Class F, 8.871%, 5/15/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 512672 |
| Windhill CLO 5 Ltd., 13.00%, 10/22/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1405 | &nbsp;&nbsp;&nbsp;&nbsp; 1432478 |
| Wingspire Equipment Finance LLC, Series 2025-1A, Class E, 7.45%, 9/20/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 999682 |
| Total Asset-Backed Securities<br> (identified cost $57,989,620) |  | &nbsp;&nbsp;**$57744349** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Collateralized Mortgage Obligations — 7.8%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| A&D Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-NQM5, Class M1, 8.069%, 11/25/68<sup>(1)(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;$375384 |
| &nbsp;&nbsp;&nbsp;Series 2024-NQM4, Class M1, 5.929%, 8/25/69<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509 | &nbsp;&nbsp;&nbsp;&nbsp; 507318 |
| &nbsp;&nbsp;&nbsp;Series 2024-NQM6, Class B1A, 7.263%, 1/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459 | &nbsp;&nbsp;&nbsp;&nbsp; 466721 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Asset Based Lending LLC, Series 2024-RTL1, Class A1, 6.075% to 3/25/27, 9/25/29<sup>(1)(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$502652 |
| Cascade Funding Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-HB16, Class M3, 3.00%, 3/25/35<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669 | &nbsp;&nbsp;&nbsp;&nbsp; 642168 |
| &nbsp;&nbsp;&nbsp;Series 2025-HB16, Class M4, 3.00%, 3/25/35<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 948080 |
| Center Street Lending Resi-Investor ABS Mortgage Trust, Series 2024-RTL1, Class A1, 6.892% to 5/25/27, 10/25/29<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 505152 |
| CFMT LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-HB15, Class M2, 4.00%, 8/25/34<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 611787 |
| &nbsp;&nbsp;&nbsp;Series 2024-HB15, Class M3, 4.00%, 8/25/34<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689 | &nbsp;&nbsp;&nbsp;&nbsp; 668234 |
| Champs Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-1, Class A, 9.45%, 7/25/59<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759 | &nbsp;&nbsp;&nbsp;&nbsp; 776271 |
| &nbsp;&nbsp;&nbsp;Series 2024-2, Class A, 8.752%, 11/25/59<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;769 | &nbsp;&nbsp;&nbsp;&nbsp; 789947 |
| &nbsp;&nbsp;&nbsp;Series 2024-3, Class A, 9.05%, 1/25/60<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932 | &nbsp;&nbsp;&nbsp;&nbsp; 958195 |
| &nbsp;&nbsp;&nbsp;Series 2025-1, Class A, 7.93%, 4/25/60<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1146 | &nbsp;&nbsp;&nbsp;&nbsp; 1180843 |
| &nbsp;&nbsp;&nbsp;Series 2025-2, Class A, 8.161%, 10/25/60<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1483 | &nbsp;&nbsp;&nbsp;&nbsp; 1527396 |
| Cross Mortgage Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-H2, Class B1A, 6.626%, 3/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1346 | &nbsp;&nbsp;&nbsp;&nbsp; 1347592 |
| &nbsp;&nbsp;&nbsp;Series 2025-H5, Class B1A, 6.975%, 7/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1235 | &nbsp;&nbsp;&nbsp;&nbsp; 1253244 |
| EFMT: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM2, Class M1A, 6.268%, 6/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823 | &nbsp;&nbsp;&nbsp;&nbsp; 830495 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM3, Class B2, 7.222%, 8/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 989207 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM3, Class M1A, 6.052%, 8/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808 | &nbsp;&nbsp;&nbsp;&nbsp; 812068 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM3, Class M1B, 6.451%, 8/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1619 | &nbsp;&nbsp;&nbsp;&nbsp; 1629620 |
| FARM Mortgage Trust, Series 2022-1, Class B, 2.957%, 1/25/52<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;815 | &nbsp;&nbsp;&nbsp;&nbsp; 622058 |
| HTAP Issuer Trust, Series 2025-1, Class A, 6.50%, 11/25/42<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1190 | &nbsp;&nbsp;&nbsp;&nbsp; 1192794 |
| JP Morgan Mortgage Trust, Series 2025-NQM2, Class M1B, 6.902%, 9/25/65<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634 | &nbsp;&nbsp;&nbsp;&nbsp; 642875 |
| JPM Lending Facility, 10.649%, (SOFR + 7.00%), 7/15/29<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1238 | &nbsp;&nbsp;&nbsp;&nbsp; 1241830 |
| loanDepot FAMSR Master Trust, Series 2025-FT1, Class A, 6.404%, (1 mo. SOFR + 2.75%), 12/19/30<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp; 862239 |
| MFA Trust, Series 2025-NQM3, Class M1, 6.131%, 8/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;879 | &nbsp;&nbsp;&nbsp;&nbsp; 887535 |
| MFRA Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-NQM3, Class M1, 6.671%, 12/25/69<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459 | &nbsp;&nbsp;&nbsp;&nbsp; 468020 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM1, Class B1, 7.034%, 3/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1017603 |
| NRZ Excess Spread-Collateralized Notes, Series 2025-FHT1, Class A, 6.545%, 3/25/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725 | &nbsp;&nbsp;&nbsp;&nbsp; 736019 |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Onity Loan Investment Trust, Series 2024-HB2, Class M4, 5.00%, 8/25/37<sup>(1)(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$479571 |
| PRET Trust, Series 2025-RPL5, Class M1, 4.15% to 10/25/27, 1/25/70<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564 | &nbsp;&nbsp;&nbsp;&nbsp; 521063 |
| PRMI Securitization Trust, Series 2025-CMG1, Class M1, 6.452%,(30-day SOFR Average + 2.80%), 12/25/55<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430 | &nbsp;&nbsp;&nbsp;&nbsp; 429292 |
| PRPM Fundido DAC: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class C, 4.17%, (3 mo. EURIBOR + 2.00%), 1/29/75<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp; 513548 |
| &nbsp;&nbsp;&nbsp;Series 2025-2A, Class D, 4.67%, (3 mo. EURIBOR + 2.50%), 1/29/75<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 566275 |
| PRPM LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2024-NQM1, Class B1, 7.39%, 12/25/68<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1007630 |
| &nbsp;&nbsp;&nbsp;Series 2024-NQM4, Class M1A, 6.518%, 12/26/69<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459 | &nbsp;&nbsp;&nbsp;&nbsp; 465180 |
| &nbsp;&nbsp;&nbsp;Series 2024-RCF4, Class M1, 4.00% to 7/25/26, 7/25/54<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467 | &nbsp;&nbsp;&nbsp;&nbsp; 453091 |
| &nbsp;&nbsp;&nbsp;Series 2024-RCF5, Class M1, 4.00% to 8/25/26, 8/25/54<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp; 361419 |
| &nbsp;&nbsp;&nbsp;Series 2025-RPL2, Class M1, 3.75% to 4/25/26, 4/25/55<sup>(1)(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461 | &nbsp;&nbsp;&nbsp;&nbsp; 442369 |
| PRPM Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM3, Class M1, 6.188%, 5/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539 | &nbsp;&nbsp;&nbsp;&nbsp; 539237 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM2, Class M1B, 7.077%, 4/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1104 | &nbsp;&nbsp;&nbsp;&nbsp; 1121195 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM5, Class M1, 5.903%, 10/25/70<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875 | &nbsp;&nbsp;&nbsp;&nbsp; 867309 |
| RMF Proprietary Issuance Trust, Series 2022-2, Class M3, 3.75%, 6/25/62<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 909982 |
| Santander Mortgage Asset Receivable Trust: |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM1, Class M1B, 6.966%, 1/25/65<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;897 | &nbsp;&nbsp;&nbsp;&nbsp; 910196 |
| &nbsp;&nbsp;&nbsp;Series 2025-NQM5, Class M1, 6.042%, 8/25/65<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1740 | &nbsp;&nbsp;&nbsp;&nbsp; 1742386 |
| SUA LLC, Series 2025-1, Class B, 6.995%, 5/25/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1246 | &nbsp;&nbsp;&nbsp;&nbsp; 1252370 |
| Unison Trust, Series 2021-1, Class A, 6.50%, 4/25/50<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1039 | &nbsp;&nbsp;&nbsp;&nbsp; 987282 |
| Total Collateralized Mortgage Obligations<br> (identified cost $38,047,935) |  | &nbsp;&nbsp;**$38562742** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Commercial Mortgage-Backed Securities — 3.6%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| BAHA Trust, Series 2024-MAR, Class C, 7.766%, , 12/10/41<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;$774896 |
| BBCMS Mortgage Trust, Series 2017-C1, Class D, 3.713%, 2/15/50<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 751932 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| BFLD Commercial Mortgage Trust: |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-660F, Class C, 5.805%, (1 mo. SOFR + 2.15%), 11/15/42<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355 | &nbsp;&nbsp;$355968 |
| &nbsp;&nbsp;&nbsp;Series 2025-660F, Class D, 6.405%, (1 mo. SOFR + 2.75%), 11/15/42<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp; 446441 |
| BX Trust, Series 2025-GW, Class E, 7.305%, (1 mo. SOFR + 3.65%), 7/15/42<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870 | &nbsp;&nbsp;&nbsp;&nbsp; 874075 |
| Caister Finance DAC, Series 1A, Class C, 6.586%, (SONIA + 2.84%), 8/17/35<sup>(1)(2)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 952955 |
| CSMC Trust, Series 2022-CNTR, Class A, 7.599%, (1 mo. SOFR + 3.944%), 1/9/25<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516 | &nbsp;&nbsp;&nbsp;&nbsp; 55425 |
| Extended Stay America Trust: |  |  |  |
| &nbsp;&nbsp;&nbsp;Series 2025-ESH, Class D, 6.255%, (1 mo. SOFR + 2.60%), 10/15/42<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361 | &nbsp;&nbsp;&nbsp;&nbsp; 363501 |
| &nbsp;&nbsp;&nbsp;Series 2025-ESH, Class E, 7.005%, (1 mo. SOFR + 3.35%), 10/15/42<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337 | &nbsp;&nbsp;&nbsp;&nbsp; 339579 |
| &nbsp;&nbsp;&nbsp;Series 2025-ESH, Class F, 7.755%, (1 mo. SOFR + 4.10%), 10/15/42<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289 | &nbsp;&nbsp;&nbsp;&nbsp; 291417 |
| &nbsp;&nbsp;&nbsp;Series 2026-ESH2, Class D, (1 mo. SOFR + 2.25%), 2/15/43<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404 | &nbsp;&nbsp;&nbsp;&nbsp; 406738 |
| &nbsp;&nbsp;&nbsp;Series 2026-ESH2, Class F, (1 mo. SOFR + 3.75%), 2/15/43<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329 | &nbsp;&nbsp;&nbsp;&nbsp; 331898 |
| Fontainebleau Miami Beach Mortgage Trust, Series 2024-FBLU, Class F, 7.905%, (1 mo. SOFR + 4.25%), 12/15/39<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 503731 |
| ICNQ Mortgage Trust, Series 2024-MF, Class E, 6.56%, 12/10/34<sup>(1)(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 998688 |
| JP Morgan Chase Commercial Mortgage Securities Trust, Series 2014-DSTY, Class B, 3.771%, , 6/10/27<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 6298 |
| JPMBB Commercial Mortgage Securities Trust, Series 2014-C23, Class D, 4.173%, , 9/15/47<sup>(1)(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 685704 |
| JW Commercial Mortgage Trust, Series 2026-MRCO, Class D, (1 mo. SOFR + 2.45%), 6/15/39<sup>(1)(6)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293 | &nbsp;&nbsp;&nbsp;&nbsp; 292868 |
| LBTY Commercial Mortgage Trust, Series 2026-225L, Class E, 6.797%, 2/10/43<sup>(1)(5)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1610 | &nbsp;&nbsp;&nbsp;&nbsp; 1595040 |
| ORL Trust, Series 2024-GLKS, Class E, 6.845%, (1 mo. SOFR + 3.19%), 12/15/39<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344 | &nbsp;&nbsp;&nbsp;&nbsp; 345935 |
| ROCK Trust, Series 2024-CNTR, Class E, 8.819%,, 11/13/41<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1049023 |
| Sirius Logistics U.K. DAC, Series 2026-1A, Class D, 6.298%, (SONIA + 2.55%), 11/17/35<sup>(1)(2)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 2038896 |
| Taurus U.K. DAC, Series 2025-UK3A, Class E, 7.533%, (SONIA + 3.80%), 7/20/35<sup>(1)(2)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 678707 |
| VCC Trust, Series 2025-MC1, Class A1, 8.163% to 5/25/28, 5/25/55<sup>(1)(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746 | &nbsp;&nbsp;&nbsp;&nbsp; 742611 |
| Vita Scientia DAC, Series 2022-1A, Class D, 4.501%, (3 mo. EURIBOR + 2.49%), 2/27/33<sup>(1)(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 526048 |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Wells Fargo Commercial Mortgage Trust, Series 2016-C35, Class D, 3.142%, , 7/15/48<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;$1629627 |
| Willowbrook Mall, Series 2025-WBRK, Class D, 6.278%, , 3/5/35<sup>(1)(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459 | &nbsp;&nbsp;&nbsp;&nbsp; 453753 |
| Total Commercial Mortgage-Backed Securities<br> (identified cost $17,840,819) |  | &nbsp;&nbsp;**$17491754** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Common Stocks — 0.4%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Electronic Equipment, Instruments & Components — 0.3% | Electronic Equipment, Instruments & Components — 0.3% | Electronic Equipment, Instruments & Components — 0.3% |
| Luxco Co. Ltd.<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2251 | &nbsp;&nbsp;$46526 |
| Range Red Acquisitions LLC, Class A1<sup>(7)(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974 | &nbsp;&nbsp;&nbsp;&nbsp; 1342601 |
|  |  | &nbsp;&nbsp;**$1389127** |
| Energy — 0.1% | Energy — 0.1% | Energy — 0.1% |
| Enviva LLC<sup>(7)(8)(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13431 | &nbsp;&nbsp;$271978 |
|  |  | &nbsp;&nbsp;**$271978** |
| Machinery — 0.0% | Machinery — 0.0% | Machinery — 0.0% |
| Apex Tool Ultimate Holdings LLC<sup>(7)(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4582 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Oil and Gas — 0.0%<sup>†</sup> | Oil and Gas — 0.0%<sup>†</sup> | Oil and Gas — 0.0%<sup>†</sup> |
| Frontera Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15961 | &nbsp;&nbsp;$172611 |
|  |  | &nbsp;&nbsp;**$172611** |
| Pharmaceuticals — 0.0%<sup>†</sup> | Pharmaceuticals — 0.0%<sup>†</sup> | Pharmaceuticals — 0.0%<sup>†</sup> |
| Keenova Therapeutics PLC<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109 | &nbsp;&nbsp;$9787 |
| Mallinckrodt International Finance SA<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1976 | &nbsp;&nbsp;&nbsp;&nbsp; 177428 |
| Par Health, Inc.<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2085 | &nbsp;&nbsp;&nbsp;&nbsp; 8406 |
|  |  | &nbsp;&nbsp;**$195621** |
| Software and Services — 0.0% | Software and Services — 0.0% | Software and Services — 0.0% |
| Blackboard LLC<sup>(7)(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10131 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Total Common Stocks<br> (identified cost $2,385,303) |  | &nbsp;&nbsp;**$2029337** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Bonds — 0.4%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Computers — 0.1% | Computers — 0.1% | Computers — 0.1% | Computers — 0.1% |
| Zscaler, Inc., 0.00%, 7/15/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;$436560 |
|  |  |  | &nbsp;&nbsp;**$436560** |
| Engineering & Construction — 0.1% | Engineering & Construction — 0.1% | Engineering & Construction — 0.1% | Engineering & Construction — 0.1% |
| Cellnex Telecom SA, 2.125%, 8/11/30<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$621365 |
|  |  |  | &nbsp;&nbsp;**$621365** |
| Internet Software & Services — 0.2% | Internet Software & Services — 0.2% | Internet Software & Services — 0.2% | Internet Software & Services — 0.2% |
| Delivery Hero SE, 3.25%, 2/21/30<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;$1014161 |
|  |  |  | &nbsp;&nbsp;**$1014161** |
| Total Convertible Bonds<br> (identified cost $2,036,200) |  |  | &nbsp;&nbsp;**$2072086** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Preferred Stocks — 0.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Trading Companies & Distributors — 0.2% | Trading Companies & Distributors — 0.2% | Trading Companies & Distributors — 0.2% |
| QXO, Inc., 4.75%<sup>(7)(9)(10)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88 | &nbsp;&nbsp;$844891 |
| Total Convertible Preferred Stocks<br> (identified cost $880,000) |  | &nbsp;&nbsp;**$844891** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Corporate Bonds — 42.8%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace and Defense — 0.6% | Aerospace and Defense — 0.6% | Aerospace and Defense — 0.6% | Aerospace and Defense — 0.6% |
| Bombardier, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 6/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;$287401 |
| &nbsp;&nbsp;&nbsp;7.25%, 7/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536 | &nbsp;&nbsp;&nbsp;&nbsp; 564643 |
| Czechoslovak Group AS, 5.25%, 1/10/31<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;780 | &nbsp;&nbsp;&nbsp;&nbsp; 945293 |
| Moog, Inc., 5.50%, 10/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 225763 |
| TransDigm, Inc., 4.625%, 1/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1023 | &nbsp;&nbsp;&nbsp;&nbsp; 1010268 |
|  |  |  | &nbsp;&nbsp;**$3033368** |
| Airlines — 0.1% | Airlines — 0.1% | Airlines — 0.1% | Airlines — 0.1% |
| VistaJet Malta Finance PLC/Vista Management Holding, Inc., 6.375%, 2/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605 | &nbsp;&nbsp;$567121 |
|  |  |  | &nbsp;&nbsp;**$567121** |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Apparel & Luxury Goods — 1.2% | Apparel & Luxury Goods — 1.2% | Apparel & Luxury Goods — 1.2% | Apparel & Luxury Goods — 1.2% |
| Beach Acquisition Bidco LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 7/15/32<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440 | &nbsp;&nbsp;$1685878 |
| &nbsp;&nbsp;&nbsp;10.00%, (10.00% cash or 10.75% PIK), 7/15/33<sup>(1)(12)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2472 | &nbsp;&nbsp;&nbsp;&nbsp; 2720274 |
| Champ Acquisition Corp., 8.375%, 12/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757 | &nbsp;&nbsp;&nbsp;&nbsp; 799376 |
| PrestigeBidCo GmbH, 5.954%, (3 mo. EURIBOR + 3.75%), 7/1/29<sup>(2)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp; 668872 |
|  |  |  | &nbsp;&nbsp;**$5874400** |
| Automotive — 1.0% | Automotive — 1.0% | Automotive — 1.0% | Automotive — 1.0% |
| Asbury Automotive Group, Inc., 5.00%, 2/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683 | &nbsp;&nbsp;$655314 |
| Cooper-Standard Automotive, Inc., 9.25%, 3/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp; 355773 |
| Dana Financing Luxembourg SARL, 8.50%, 7/15/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 370260 |
| IHO Verwaltungs GmbH: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, (5.625% cash or 6.375% PIK), 5/15/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 214800 |
| &nbsp;&nbsp;&nbsp;6.375%, (6.375% cash or 7.125% PIK), 5/15/29<sup>(1)(12)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 251267 |
| &nbsp;&nbsp;&nbsp;6.75%, (6.75% cash or 7.50% PIK), 11/15/29<sup>(11)(12)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382 | &nbsp;&nbsp;&nbsp;&nbsp; 470251 |
| &nbsp;&nbsp;&nbsp;7.375%, (7.375% cash or 8.125% PIK), 5/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 203509 |
| &nbsp;&nbsp;&nbsp;7.75%, (7.75% cash or 8.50% PIK), 11/15/30<sup>(1)(12)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 206196 |
| &nbsp;&nbsp;&nbsp;8.75%, (8.75% cash or 9.50% PIK), 5/15/28<sup>(11)(12)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp; 246313 |
| JB Poindexter & Co., Inc., 8.75%, 12/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;&nbsp;&nbsp; 544684 |
| New Flyer Holdings, Inc., 9.25%, 7/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 350899 |
| Realtruck Group, Inc., 6.25%, 7/31/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1071 | &nbsp;&nbsp;&nbsp;&nbsp; 401625 |
| Sonic Automotive, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587 | &nbsp;&nbsp;&nbsp;&nbsp; 574557 |
| &nbsp;&nbsp;&nbsp;4.875%, 11/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239 | &nbsp;&nbsp;&nbsp;&nbsp; 229917 |
|  |  |  | &nbsp;&nbsp;**$5075365** |
| Building and Development — 1.7% | Building and Development — 1.7% | Building and Development — 1.7% | Building and Development — 1.7% |
| AmeriTex HoldCo Intermediate LLC, 7.625%, 8/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501 | &nbsp;&nbsp;$521403 |
| CP Atlas Buyer, Inc., 9.75%, 7/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760 | &nbsp;&nbsp;&nbsp;&nbsp; 707177 |
| Dream Finders Homes, Inc., 6.875%, 9/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725 | &nbsp;&nbsp;&nbsp;&nbsp; 711580 |
| EMRLD Borrower LP/Emerald Co-Issuer, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 12/15/30<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 485682 |
| &nbsp;&nbsp;&nbsp;6.625%, 12/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;885 | &nbsp;&nbsp;&nbsp;&nbsp; 907151 |
| K Hovnanian Enterprises, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 4/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 706482 |
| &nbsp;&nbsp;&nbsp;8.375%, 10/1/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510 | &nbsp;&nbsp;&nbsp;&nbsp; 512854 |
| LBM Acquisition LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 1/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261 | &nbsp;&nbsp;&nbsp;&nbsp; 181119 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Building and Development (continued) | Building and Development (continued) | Building and Development (continued) | Building and Development (continued) |
| LBM Acquisition LLC: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;9.50%, 6/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;$613364 |
| Masterbrand, Inc., 7.00%, 7/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840 | &nbsp;&nbsp;&nbsp;&nbsp; 836107 |
| Miller Homes Group Finco PLC, 6.234%, (3 mo. EURIBOR + 4.25%), 10/15/30<sup>(2)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520 | &nbsp;&nbsp;&nbsp;&nbsp; 599165 |
| Patrick Industries, Inc., 4.75%, 5/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741 | &nbsp;&nbsp;&nbsp;&nbsp; 731072 |
| Smyrna Ready Mix Concrete LLC, 6.00%, 11/1/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002 | &nbsp;&nbsp;&nbsp;&nbsp; 1001888 |
|  |  |  | &nbsp;&nbsp;**$8515044** |
| Building Materials — 0.5% | Building Materials — 0.5% | Building Materials — 0.5% | Building Materials — 0.5% |
| Builders FirstSource, Inc., 4.25%, 2/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1230 | &nbsp;&nbsp;$1142322 |
| Quikrete Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 3/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609 | &nbsp;&nbsp;&nbsp;&nbsp; 618993 |
| &nbsp;&nbsp;&nbsp;6.75%, 3/1/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568 | &nbsp;&nbsp;&nbsp;&nbsp; 576335 |
|  |  |  | &nbsp;&nbsp;**$2337650** |
| Business Equipment and Services — 0.2% | Business Equipment and Services — 0.2% | Business Equipment and Services — 0.2% | Business Equipment and Services — 0.2% |
| Allied Universal Holdco LLC/Allied Universal Finance Corp., 6.00%, 6/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923 | &nbsp;&nbsp;$916625 |
|  |  |  | &nbsp;&nbsp;**$916625** |
| Cable and Satellite Television — 0.6% | Cable and Satellite Television — 0.6% | Cable and Satellite Television — 0.6% | Cable and Satellite Television — 0.6% |
| Altice Financing SA, 5.00%, 1/15/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;$641313 |
| CCO Holdings LLC/CCO Holdings Capital Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 2/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp; 531728 |
| &nbsp;&nbsp;&nbsp;4.25%, 1/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;988 | &nbsp;&nbsp;&nbsp;&nbsp; 829753 |
| &nbsp;&nbsp;&nbsp;4.50%, 8/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;726 | &nbsp;&nbsp;&nbsp;&nbsp; 677572 |
| DISH Network Corp., 11.75%, 11/15/27<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397 | &nbsp;&nbsp;&nbsp;&nbsp; 410099 |
|  |  |  | &nbsp;&nbsp;**$3090465** |
| Capital Markets — 0.2% | Capital Markets — 0.2% | Capital Markets — 0.2% | Capital Markets — 0.2% |
| Focus Financial Partners LLC, 6.75%, 9/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835 | &nbsp;&nbsp;$850026 |
|  |  |  | &nbsp;&nbsp;**$850026** |
| Chemicals — 1.1% | Chemicals — 1.1% | Chemicals — 1.1% | Chemicals — 1.1% |
| Calderys Financing II LLC, 11.75%, (11.75% cash or 12.50% PIK), 6/1/28<sup>(1)(12)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792 | &nbsp;&nbsp;$804025 |
| Calderys Financing LLC, 11.25%, 6/1/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070 | &nbsp;&nbsp;&nbsp;&nbsp; 1102422 |
| FIS Fabbrica Italiana Sintetici SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 2/5/31<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp; 489309 |
| &nbsp;&nbsp;&nbsp;5.399%, (3 mo. EURIBOR + 3.25%), 2/5/31<sup>(1)(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 141125 |
| &nbsp;&nbsp;&nbsp;5.399%, (3 mo. EURIBOR + 3.25%), 2/5/31<sup>(2)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp; 329292 |
| Italmatch Chemicals SpA, 6.25%, 2/5/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;&nbsp; 245742 |
| Olympus Water U.S. Holding Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 2/15/33<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1355 | &nbsp;&nbsp;&nbsp;&nbsp; 1575405 |

---

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Chemicals (continued) | Chemicals (continued) | Chemicals (continued) | Chemicals (continued) |
| Olympus Water U.S. Holding Corp.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;7.25%, 2/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;$586997 |
|  |  |  | &nbsp;&nbsp;**$5274317** |
| Chemicals and Plastics — 0.9% | Chemicals and Plastics — 0.9% | Chemicals and Plastics — 0.9% | Chemicals and Plastics — 0.9% |
| ASK Chemicals Deutschland Holding GmbH, 10.00%, 11/15/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;$259046 |
| Avient Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 11/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 329922 |
| &nbsp;&nbsp;&nbsp;7.125%, 8/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760 | &nbsp;&nbsp;&nbsp;&nbsp; 774584 |
| Celanese U.S. Holdings LLC, 7.20%, 11/15/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1130 | &nbsp;&nbsp;&nbsp;&nbsp; 1222415 |
| Cerdia Finanz GmbH, 9.375%, 10/3/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810 | &nbsp;&nbsp;&nbsp;&nbsp; 779625 |
| INEOS Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 4/15/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 462437 |
| &nbsp;&nbsp;&nbsp;7.25%, 3/31/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 388032 |
|  |  |  | &nbsp;&nbsp;**$4216061** |
| Commercial Services — 2.1% | Commercial Services — 2.1% | Commercial Services — 2.1% | Commercial Services — 2.1% |
| Aegis Lux 1a SARL, 5.625% PIK, 10/29/31<sup>(1)(12)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$590030 |
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL, 4.875%, 6/1/28<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580 | &nbsp;&nbsp;&nbsp;&nbsp; 772042 |
| AMN Healthcare, Inc., 4.00%, 4/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562 | &nbsp;&nbsp;&nbsp;&nbsp; 537565 |
| Champions Financing, Inc., 8.75%, 2/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193 | &nbsp;&nbsp;&nbsp;&nbsp; 187934 |
| Cimpress PLC, 7.375%, 9/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281 | &nbsp;&nbsp;&nbsp;&nbsp; 284917 |
| Currenta Group Holdings SARL, 5.984%, (3 mo. EURIBOR + 4.00%), 5/15/32<sup>(1)(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020 | &nbsp;&nbsp;&nbsp;&nbsp; 1207593 |
| Herc Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 3/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 100300 |
| &nbsp;&nbsp;&nbsp;6.00%, 3/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 119113 |
| &nbsp;&nbsp;&nbsp;7.00%, 6/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 416391 |
| &nbsp;&nbsp;&nbsp;7.25%, 6/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 356262 |
| Mavis Tire Express Services Topco Corp., 6.50%, 5/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1323 | &nbsp;&nbsp;&nbsp;&nbsp; 1319787 |
| Multiversity SpA, 7.125%, 5/17/31<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515 | &nbsp;&nbsp;&nbsp;&nbsp; 629036 |
| Neptune Bidco U.S., Inc., 9.29%, 4/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp; 167011 |
| NESCO Holdings II, Inc., 5.50%, 4/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891 | &nbsp;&nbsp;&nbsp;&nbsp; 887260 |
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 5/15/33<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp; 276533 |
| &nbsp;&nbsp;&nbsp;6.75%, 8/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537 | &nbsp;&nbsp;&nbsp;&nbsp; 536355 |
| Synergy Infrastructure Holdings LLC, 7.875%, 12/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp; 515678 |
| Wand NewCo 3, Inc., 7.625%, 1/30/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1201 | &nbsp;&nbsp;&nbsp;&nbsp; 1250970 |
|  |  |  | &nbsp;&nbsp;**$10154777** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Computers — 0.8% | Computers — 0.8% | Computers — 0.8% | Computers — 0.8% |
| Amentum Holdings, Inc., 7.25%, 8/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1217 | &nbsp;&nbsp;$1260459 |
| Atos SE, 9.36% to 12/18/26, 12/18/29<sup>(4)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553 | &nbsp;&nbsp;&nbsp;&nbsp; 741851 |
| CACI International, Inc., 6.375%, 6/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp; 383888 |
| Diebold Nixdorf, Inc., 7.75%, 3/31/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp; 816048 |
| Insight Enterprises, Inc., 6.625%, 5/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671 | &nbsp;&nbsp;&nbsp;&nbsp; 665916 |
| Science Applications International Corp., 5.875%, 11/1/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 325845 |
|  |  |  | &nbsp;&nbsp;**$4194007** |
| Containers & Packaging — 0.3% | Containers & Packaging — 0.3% | Containers & Packaging — 0.3% | Containers & Packaging — 0.3% |
| Clydesdale Acquisition Holdings, Inc., 8.75%, 4/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1847 | &nbsp;&nbsp;$1676912 |
|  |  |  | &nbsp;&nbsp;**$1676912** |
| Containers and Glass Products — 0.5% | Containers and Glass Products — 0.5% | Containers and Glass Products — 0.5% | Containers and Glass Products — 0.5% |
| Ardagh Group SA, 9.50%, 12/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;$1008247 |
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 9/1/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580 | &nbsp;&nbsp;&nbsp;&nbsp; 641207 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/30/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415 | &nbsp;&nbsp;&nbsp;&nbsp; 486785 |
| &nbsp;&nbsp;&nbsp;6.25%, 1/30/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 201498 |
|  |  |  | &nbsp;&nbsp;**$2337737** |
| Cosmetics & Personal Care — 0.1% | Cosmetics & Personal Care — 0.1% | Cosmetics & Personal Care — 0.1% | Cosmetics & Personal Care — 0.1% |
| Opal Bidco SAS, 5.50%, 3/31/32<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;$583595 |
|  |  |  | &nbsp;&nbsp;**$583595** |
| Distribution & Wholesale — 0.3% | Distribution & Wholesale — 0.3% | Distribution & Wholesale — 0.3% | Distribution & Wholesale — 0.3% |
| Windsor Holdings III LLC, 8.50%, 6/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1052 | &nbsp;&nbsp;$1099482 |
| Wolseley Group Finco PLC, 9.75%, 1/31/31<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp; 352956 |
|  |  |  | &nbsp;&nbsp;**$1452438** |
| Diversified Financial Services — 1.3% | Diversified Financial Services — 1.3% | Diversified Financial Services — 1.3% | Diversified Financial Services — 1.3% |
| Azorra Finance Ltd., 7.25%, 1/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465 | &nbsp;&nbsp;$476646 |
| CI Financial Corp., 4.10%, 6/15/51 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;&nbsp;&nbsp; 351184 |
| Hightower Holding LLC, 9.125%, 1/31/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;815 | &nbsp;&nbsp;&nbsp;&nbsp; 850088 |
| Phoenix Aviation Capital Ltd., 9.25%, 7/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566 | &nbsp;&nbsp;&nbsp;&nbsp; 578112 |
| Rocket Cos., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 8/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435 | &nbsp;&nbsp;&nbsp;&nbsp; 441677 |
| &nbsp;&nbsp;&nbsp;6.375%, 8/1/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 658739 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 3/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1022 | &nbsp;&nbsp;&nbsp;&nbsp; 981471 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp; 58614 |
| Sherwood Financing PLC, 7.625%, 12/15/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620 | &nbsp;&nbsp;&nbsp;&nbsp; 723216 |

---

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Diversified Financial Services (continued) | Diversified Financial Services (continued) | Diversified Financial Services (continued) | Diversified Financial Services (continued) |
| Stonebriar ABF Issuer LLC, 8.125%, 12/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615 | &nbsp;&nbsp;$646329 |
| United Wholesale Mortgage LLC, 5.50%, 4/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155 | &nbsp;&nbsp;&nbsp;&nbsp; 148003 |
| UWM Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 3/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604 | &nbsp;&nbsp;&nbsp;&nbsp; 560543 |
| &nbsp;&nbsp;&nbsp;6.625%, 2/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168 | &nbsp;&nbsp;&nbsp;&nbsp; 161366 |
|  |  |  | &nbsp;&nbsp;**$6635988** |
| Diversified Telecommunication Services — 0.5% | Diversified Telecommunication Services — 0.5% | Diversified Telecommunication Services — 0.5% | Diversified Telecommunication Services — 0.5% |
| Level 3 Financing, Inc., 7.00%, 3/31/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194 | &nbsp;&nbsp;$201186 |
| Virgin Media Secured Finance PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 8/15/30<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005 | &nbsp;&nbsp;&nbsp;&nbsp; 1225098 |
| &nbsp;&nbsp;&nbsp;4.25%, 1/15/30<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896 | &nbsp;&nbsp;&nbsp;&nbsp; 1107393 |
| &nbsp;&nbsp;&nbsp;4.50%, 8/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 177168 |
|  |  |  | &nbsp;&nbsp;**$2710845** |
| Drugs — 0.3% | Drugs — 0.3% | Drugs — 0.3% | Drugs — 0.3% |
| Endo Finance Holdings LP, 8.50%, 4/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264 | &nbsp;&nbsp;$279965 |
| Perrigo Finance Unlimited Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/44 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406 | &nbsp;&nbsp;&nbsp;&nbsp; 297002 |
| &nbsp;&nbsp;&nbsp;5.375%, 9/30/32 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880 | &nbsp;&nbsp;&nbsp;&nbsp; 1002364 |
|  |  |  | &nbsp;&nbsp;**$1579331** |
| Ecological Services and Equipment — 0.7% | Ecological Services and Equipment — 0.7% | Ecological Services and Equipment — 0.7% | Ecological Services and Equipment — 0.7% |
| Biffa Group Holdings Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 6/15/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;$929754 |
| &nbsp;&nbsp;&nbsp;7.375%, 6/15/31<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp; 641556 |
| Luna 2 5SARL, 5.50%, 7/1/32<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 943862 |
| Reworld Holding Corp., 4.875%, 12/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839 | &nbsp;&nbsp;&nbsp;&nbsp; 806220 |
|  |  |  | &nbsp;&nbsp;**$3321392** |
| Electric — 0.4% | Electric — 0.4% | Electric — 0.4% | Electric — 0.4% |
| Clearway Energy Operating LLC, 3.75%, 2/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369 | &nbsp;&nbsp;$345491 |
| VoltaGrid LLC, 7.375%, 11/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1007 | &nbsp;&nbsp;&nbsp;&nbsp; 1045656 |
| XPLR Infrastructure Operating Partners LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.375%, 1/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411 | &nbsp;&nbsp;&nbsp;&nbsp; 439370 |
| &nbsp;&nbsp;&nbsp;8.625%, 3/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303 | &nbsp;&nbsp;&nbsp;&nbsp; 324837 |
|  |  |  | &nbsp;&nbsp;**$2155354** |
| Electric Utilities — 1.0% | Electric Utilities — 1.0% | Electric Utilities — 1.0% | Electric Utilities — 1.0% |
| Alpha Generation LLC, 6.75%, 10/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1243 | &nbsp;&nbsp;$1273790 |
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.625%, 2/15/32<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895 | &nbsp;&nbsp;&nbsp;&nbsp; 1051113 |
| &nbsp;&nbsp;&nbsp;6.375%, 2/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465 | &nbsp;&nbsp;&nbsp;&nbsp; 462424 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Electric Utilities (continued) | Electric Utilities (continued) | Electric Utilities (continued) | Electric Utilities (continued) |
| TransAlta Corp., 5.875%, 2/1/34 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390 | &nbsp;&nbsp;$390035 |
| WESCO Distribution, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 4/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115 | &nbsp;&nbsp;&nbsp;&nbsp; 115216 |
| &nbsp;&nbsp;&nbsp;6.375%, 3/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390 | &nbsp;&nbsp;&nbsp;&nbsp; 403121 |
| &nbsp;&nbsp;&nbsp;6.625%, 3/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610 | &nbsp;&nbsp;&nbsp;&nbsp; 632518 |
| XPLR Infrastructure Operating Partners LP, 7.75%, 4/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355 | &nbsp;&nbsp;&nbsp;&nbsp; 372278 |
|  |  |  | &nbsp;&nbsp;**$4700495** |
| Energy — 0.9% | Energy — 0.9% | Energy — 0.9% | Energy — 0.9% |
| Sunoco LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 10/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;$470633 |
| &nbsp;&nbsp;&nbsp;4.625%, 5/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292 | &nbsp;&nbsp;&nbsp;&nbsp; 284126 |
| &nbsp;&nbsp;&nbsp;5.875%, 3/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp; 363876 |
| &nbsp;&nbsp;&nbsp;7.875% to 9/18/30<sup>(1)(13)(14)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2335 | &nbsp;&nbsp;&nbsp;&nbsp; 2419401 |
| Sunoco LP/Sunoco Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 5/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583 | &nbsp;&nbsp;&nbsp;&nbsp; 572820 |
| &nbsp;&nbsp;&nbsp;4.50%, 4/30/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372 | &nbsp;&nbsp;&nbsp;&nbsp; 361638 |
|  |  |  | &nbsp;&nbsp;**$4472494** |
| Engineering & Construction — 0.9% | Engineering & Construction — 0.9% | Engineering & Construction — 0.9% | Engineering & Construction — 0.9% |
| Arcosa, Inc., 6.875%, 8/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;552 | &nbsp;&nbsp;$573766 |
| Artera Services LLC, 8.50%, 2/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 474014 |
| Egis SA, 5.125%, 5/15/31<sup>(3)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp; 636074 |
| Infrastrutture Wireless Italiane SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 4/19/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 246680 |
| &nbsp;&nbsp;&nbsp;3.625%, 10/13/32<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 243735 |
| OHL Operaciones SA, 9.75%, (5.10% cash and 4.65% PIK), 12/31/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399 | &nbsp;&nbsp;&nbsp;&nbsp; 432211 |
| TopBuild Corp., 4.125%, 2/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976 | &nbsp;&nbsp;&nbsp;&nbsp; 976660 |
| VM Consolidated, Inc., 5.50%, 4/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642 | &nbsp;&nbsp;&nbsp;&nbsp; 629877 |
|  |  |  | &nbsp;&nbsp;**$4213017** |
| Entertainment — 2.3% | Entertainment — 2.3% | Entertainment — 2.3% | Entertainment — 2.3% |
| Allwyn Entertainment Financing U.K. PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 2/15/31<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1220 | &nbsp;&nbsp;$1393942 |
| &nbsp;&nbsp;&nbsp;7.25%, 4/30/30<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;942 | &nbsp;&nbsp;&nbsp;&nbsp; 1151162 |
| Betclic Everest Group SAS, 5.125%, 12/10/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp; 1000350 |
| Brightstar Lottery PLC/Brightstar Global Solutions Corp., 5.75%, 1/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp; 250192 |
| CPUK Finance Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.875%, 8/28/32<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 261037 |
| &nbsp;&nbsp;&nbsp;7.875%, 8/28/29<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825 | &nbsp;&nbsp;&nbsp;&nbsp; 1154085 |
| Discovery Global Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.302%, 1/17/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp; 122686 |

---

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Entertainment (continued) | Entertainment (continued) | Entertainment (continued) | Entertainment (continued) |
| Discovery Global Holdings, Inc.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;5.05%, 3/15/42 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311 | &nbsp;&nbsp;$222685 |
| Flutter Treasury DAC: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/29/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 956542 |
| &nbsp;&nbsp;&nbsp;5.875%, 6/4/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;633 | &nbsp;&nbsp;&nbsp;&nbsp; 631126 |
| Intralot Capital Luxembourg SA, 6.75%, 10/15/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;&nbsp;&nbsp; 727437 |
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC, 8.25%, 4/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1025 | &nbsp;&nbsp;&nbsp;&nbsp; 1067476 |
| Motion Bondco DAC, 6.625%, 11/15/27<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp; 268959 |
| Motion Finco SARL, 8.375%, 2/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277 | &nbsp;&nbsp;&nbsp;&nbsp; 227158 |
| Rivers Enterprise Borrower LLC, 6.25%, 10/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77 | &nbsp;&nbsp;&nbsp;&nbsp; 78366 |
| Speedway Motorsports LLC/Speedway Funding II, Inc., 4.875%, 11/1/27<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497 | &nbsp;&nbsp;&nbsp;&nbsp; 495874 |
| Voyager Parent LLC, 9.25%, 7/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1130 | &nbsp;&nbsp;&nbsp;&nbsp; 1202318 |
|  |  |  | &nbsp;&nbsp;**$11211395** |
| Financial Intermediaries — 0.5% | Financial Intermediaries — 0.5% | Financial Intermediaries — 0.5% | Financial Intermediaries — 0.5% |
| Ally Financial, Inc., Series B, 4.70% to 5/15/26<sup>(13)(14)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1178 | &nbsp;&nbsp;$1175657 |
| Compass Group Diversified Holdings LLC, 5.25%, 4/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604 | &nbsp;&nbsp;&nbsp;&nbsp; 572282 |
| Ford Motor Credit Co. LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.113%, 5/3/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp; 333024 |
| &nbsp;&nbsp;&nbsp;5.303%, 9/6/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;&nbsp;&nbsp; 359059 |
|  |  |  | &nbsp;&nbsp;**$2440022** |
| Food Products — 0.6% | Food Products — 0.6% | Food Products — 0.6% | Food Products — 0.6% |
| Chobani LLC/Chobani Finance Corp., Inc., 6.375%, 4/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535 | &nbsp;&nbsp;$546209 |
| Froneri Lux FinCo SARL, 4.75%, 8/1/32<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 769691 |
| Ingles Markets, Inc., 4.00%, 6/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762 | &nbsp;&nbsp;&nbsp;&nbsp; 720707 |
| La Doria SpA, 5.525%, (3 mo. EURIBOR + 3.375%), 12/30/30<sup>(2)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 829225 |
|  |  |  | &nbsp;&nbsp;**$2865832** |
| Food Service — 0.2% | Food Service — 0.2% | Food Service — 0.2% | Food Service — 0.2% |
| 1011778 BC ULC/New Red Finance, Inc., 4.00%, 10/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293 | &nbsp;&nbsp;$278906 |
| TKC Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 8/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590 | &nbsp;&nbsp;&nbsp;&nbsp; 604310 |
| &nbsp;&nbsp;&nbsp;12.00%, 2/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp; 114711 |
|  |  |  | &nbsp;&nbsp;**$997927** |
| Health Care — 1.5% | Health Care — 1.5% | Health Care — 1.5% | Health Care — 1.5% |
| Acadia Healthcare Co., Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257 | &nbsp;&nbsp;$251648 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care (continued) | Health Care (continued) | Health Care (continued) | Health Care (continued) |
| Acadia Healthcare Co., Inc.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;7.375%, 3/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257 | &nbsp;&nbsp;$263204 |
| Bausch & Lomb Netherlands BV & Bausch & Lomb, Inc., 6.079%, (3 mo. EURIBOR + 3.875%), 1/15/31<sup>(2)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;815 | &nbsp;&nbsp;&nbsp;&nbsp; 966877 |
| Fortrea Holdings, Inc., 7.50%, 7/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 584573 |
| Global Medical Response, Inc., 7.375%, 10/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693 | &nbsp;&nbsp;&nbsp;&nbsp; 722806 |
| Heartland Dental LLC/Heartland Dental Finance Corp., 10.50%, 4/30/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258 | &nbsp;&nbsp;&nbsp;&nbsp; 265564 |
| LifePoint Health, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 1/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792 | &nbsp;&nbsp;&nbsp;&nbsp; 764344 |
| &nbsp;&nbsp;&nbsp;10.00%, 6/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 143465 |
| Surgery Center Holdings, Inc., 7.25%, 4/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805 | &nbsp;&nbsp;&nbsp;&nbsp; 803857 |
| Team Health Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.375%, 6/30/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373 | &nbsp;&nbsp;&nbsp;&nbsp; 374548 |
| &nbsp;&nbsp;&nbsp;13.50%, (9.00% cash and 4.50% PIK), 6/30/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1073 | &nbsp;&nbsp;&nbsp;&nbsp; 1128835 |
| TEAM Services Holding, Inc., 9.00%, 2/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 325344 |
| U.S. Acute Care Solutions LLC, 9.75%, 5/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835 | &nbsp;&nbsp;&nbsp;&nbsp; 790150 |
|  |  |  | &nbsp;&nbsp;**$7385215** |
| Health Care Providers & Services — 0.1% | Health Care Providers & Services — 0.1% | Health Care Providers & Services — 0.1% | Health Care Providers & Services — 0.1% |
| National Mentor Holdings, Inc., 10.50%, 12/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;$528591 |
|  |  |  | &nbsp;&nbsp;**$528591** |
| Health Care Technology — 0.4% | Health Care Technology — 0.4% | Health Care Technology — 0.4% | Health Care Technology — 0.4% |
| athenahealth Group, Inc., 6.50%, 2/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2090 | &nbsp;&nbsp;$1993635 |
|  |  |  | &nbsp;&nbsp;**$1993635** |
| Home Furnishings — 0.2% | Home Furnishings — 0.2% | Home Furnishings — 0.2% | Home Furnishings — 0.2% |
| Somnigroup International, Inc., 3.875%, 10/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1122 | &nbsp;&nbsp;$1038391 |
|  |  |  | &nbsp;&nbsp;**$1038391** |
| Homebuilders/Real Estate — 0.2% | Homebuilders/Real Estate — 0.2% | Homebuilders/Real Estate — 0.2% | Homebuilders/Real Estate — 0.2% |
| Risewell Homes, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 11/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496 | &nbsp;&nbsp;$507395 |
| &nbsp;&nbsp;&nbsp;9.25%, 10/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672 | &nbsp;&nbsp;&nbsp;&nbsp; 698108 |
|  |  |  | &nbsp;&nbsp;**$1205503** |
| Insurance — 1.3% | Insurance — 1.3% | Insurance — 1.3% | Insurance — 1.3% |
| Amynta Agency Borrower, Inc. & Amynta Warranty Borrower, Inc., 7.50%, 7/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515 | &nbsp;&nbsp;$502698 |
| APH Somerset Investor 2 LLC/APH2 Somerset Investor 2 LLC/APH3 Somerset Investor 2 LLC, 7.875%, 11/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746 | &nbsp;&nbsp;&nbsp;&nbsp; 722792 |

---

*8*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insurance (continued) | Insurance (continued) | Insurance (continued) | Insurance (continued) |
| Asurion LLC/Asurion Co-Issuer, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 12/31/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890 | &nbsp;&nbsp;$930227 |
| &nbsp;&nbsp;&nbsp;8.375%, 2/1/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp; 74056 |
| Fidus Re Ltd., 6.167%, (1 mo. U.S. T-Bill Rate + 2.50%), 1/8/42<sup>(1)(2)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2295 | &nbsp;&nbsp;&nbsp;&nbsp; 2295637 |
| Galaxy Bidco Ltd., 8.125%, 12/19/29<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440 | &nbsp;&nbsp;&nbsp;&nbsp; 618810 |
| Panther Escrow Issuer LLC, 7.125%, 6/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699 | &nbsp;&nbsp;&nbsp;&nbsp; 702668 |
| Ryan Specialty LLC, 5.875%, 8/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725 | &nbsp;&nbsp;&nbsp;&nbsp; 725280 |
|  |  |  | &nbsp;&nbsp;**$6572168** |
| Internet Software & Services — 0.5% | Internet Software & Services — 0.5% | Internet Software & Services — 0.5% | Internet Software & Services — 0.5% |
| Arches Buyer, Inc., 6.125%, 12/1/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;653 | &nbsp;&nbsp;$635406 |
| Cars.com, Inc., 6.375%, 11/1/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474 | &nbsp;&nbsp;&nbsp;&nbsp; 466286 |
| Match Group Holdings II LLC, 3.625%, 10/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648 | &nbsp;&nbsp;&nbsp;&nbsp; 581208 |
| United Group BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 10/31/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 479028 |
| &nbsp;&nbsp;&nbsp;6.75%, 2/15/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 242105 |
|  |  |  | &nbsp;&nbsp;**$2404033** |
| Leisure Goods/Activities/Movies — 0.7% | Leisure Goods/Activities/Movies — 0.7% | Leisure Goods/Activities/Movies — 0.7% | Leisure Goods/Activities/Movies — 0.7% |
| Acushnet Co., 5.625%, 12/1/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482 | &nbsp;&nbsp;$485444 |
| LHMC Finco 2 SARL: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.375%, (8.625% cash or 9.375% PIK), 5/15/30<sup>(1)(12)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;733 | &nbsp;&nbsp;&nbsp;&nbsp; 906395 |
| &nbsp;&nbsp;&nbsp;9.375%, (8.625% cash or 9.375% PIK), 5/15/30<sup>(11)(12)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp; 581000 |
| Patrick Industries, Inc., 6.375%, 11/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;519 | &nbsp;&nbsp;&nbsp;&nbsp; 523444 |
| TUI AG, 5.875%, 3/15/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 828730 |
|  |  |  | &nbsp;&nbsp;**$3325013** |
| Leisure Time — 0.1% | Leisure Time — 0.1% | Leisure Time — 0.1% | Leisure Time — 0.1% |
| NCL Corp. Ltd., 6.75%, 2/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555 | &nbsp;&nbsp;$552746 |
|  |  |  | &nbsp;&nbsp;**$552746** |
| Lodging and Casinos — 0.1% | Lodging and Casinos — 0.1% | Lodging and Casinos — 0.1% | Lodging and Casinos — 0.1% |
| Essendi SA, 5.50%, 11/15/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$235035 |
| Genting New York LLC/GENNY Capital, Inc., 7.25%, 10/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474 | &nbsp;&nbsp;&nbsp;&nbsp; 481608 |
|  |  |  | &nbsp;&nbsp;**$716643** |
| Machinery — 0.5% | Machinery — 0.5% | Machinery — 0.5% | Machinery — 0.5% |
| IMA Industria Macchine Automatiche SpA, 5.954%, (3 mo. EURIBOR + 3.75%), 4/15/29<sup>(2)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915 | &nbsp;&nbsp;$1084267 |
| King U.S. Bidco, Inc., 5.454%, 12/1/32<sup>(1)(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1060 | &nbsp;&nbsp;&nbsp;&nbsp; 1256193 |
|  |  |  | &nbsp;&nbsp;**$2340460** |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Media — 1.2% | Media — 1.2% | Media — 1.2% | Media — 1.2% |
| Charter Communications Operating LLC/Charter Communications Operating Capital: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 4/1/51 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;$322337 |
| &nbsp;&nbsp;&nbsp;3.90%, 6/1/52 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp; 195007 |
| CSC Holdings LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;3.375%, 2/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374 | &nbsp;&nbsp;&nbsp;&nbsp; 217684 |
| &nbsp;&nbsp;&nbsp;4.125%, 12/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373 | &nbsp;&nbsp;&nbsp;&nbsp; 222350 |
| &nbsp;&nbsp;&nbsp;11.75%, 1/31/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;&nbsp; 283101 |
| Nexstar Media, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 9/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp; 509212 |
| &nbsp;&nbsp;&nbsp;7.25%, 4/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455 | &nbsp;&nbsp;&nbsp;&nbsp; 458233 |
| Outfront Media Capital LLC/Outfront Media Capital Corp., 4.625%, 3/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946 | &nbsp;&nbsp;&nbsp;&nbsp; 921059 |
| Sinclair Television Group, Inc., 8.125%, 2/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669 | &nbsp;&nbsp;&nbsp;&nbsp; 693228 |
| Summer BidCo BV, 8.875%, 1/31/31<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp; 641741 |
| Univision Communications, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 7/31/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 152341 |
| &nbsp;&nbsp;&nbsp;8.875%, 4/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp; 145898 |
| &nbsp;&nbsp;&nbsp;9.375%, 8/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451 | &nbsp;&nbsp;&nbsp;&nbsp; 467057 |
| Versant Media Group, Inc., 7.25%, 1/30/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;580 | &nbsp;&nbsp;&nbsp;&nbsp; 602477 |
|  |  |  | &nbsp;&nbsp;**$5831725** |
| Metals/Mining — 0.6% | Metals/Mining — 0.6% | Metals/Mining — 0.6% | Metals/Mining — 0.6% |
| Arsenal AIC Parent LLC, 11.50%, 10/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;962 | &nbsp;&nbsp;$1041904 |
| Compass Minerals International, Inc., 8.00%, 7/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567 | &nbsp;&nbsp;&nbsp;&nbsp; 592239 |
| First Quantum Minerals Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 2/15/36<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;&nbsp; 206575 |
| &nbsp;&nbsp;&nbsp;7.25%, 2/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 257216 |
| &nbsp;&nbsp;&nbsp;8.00%, 3/1/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 299817 |
| WE Soda Investments Holding PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.375%, 2/14/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 299159 |
| &nbsp;&nbsp;&nbsp;9.50%, 10/6/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 303876 |
|  |  |  | &nbsp;&nbsp;**$3000786** |
| Nonferrous Metals/Minerals — 0.1% | Nonferrous Metals/Minerals — 0.1% | Nonferrous Metals/Minerals — 0.1% | Nonferrous Metals/Minerals — 0.1% |
| Eldorado Gold Corp., 6.25%, 9/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690 | &nbsp;&nbsp;$689056 |
|  |  |  | &nbsp;&nbsp;**$689056** |
| Oil and Gas — 0.9% | Oil and Gas — 0.9% | Oil and Gas — 0.9% | Oil and Gas — 0.9% |
| Aethon United BR LP/Aethon United Finance Corp., 7.50%, 10/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456 | &nbsp;&nbsp;$476573 |
| Archrock Services LP/Archrock Partners Finance Corp., 6.00%, 2/1/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170 | &nbsp;&nbsp;&nbsp;&nbsp; 171183 |

---

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Oil and Gas (continued) | Oil and Gas (continued) | Oil and Gas (continued) | Oil and Gas (continued) |
| Crescent Energy Finance LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.875%, 4/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;$259318 |
| &nbsp;&nbsp;&nbsp;9.75%, 10/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 229889 |
| DBR Land Holdings LLC, 6.25%, 12/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477 | &nbsp;&nbsp;&nbsp;&nbsp; 488593 |
| Matador Resources Co., 6.00%, 4/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp; 195833 |
| SM Energy Co., 8.625%, 11/1/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;823 | &nbsp;&nbsp;&nbsp;&nbsp; 870940 |
| Transocean International Ltd.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.875%, 10/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp; 80400 |
| &nbsp;&nbsp;&nbsp;8.25%, 5/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579 | &nbsp;&nbsp;&nbsp;&nbsp; 601477 |
| &nbsp;&nbsp;&nbsp;8.75%, 2/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152 | &nbsp;&nbsp;&nbsp;&nbsp; 159171 |
| WBI Operating LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 10/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755 | &nbsp;&nbsp;&nbsp;&nbsp; 765914 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp; 247770 |
|  |  |  | &nbsp;&nbsp;**$4547061** |
| Packaging & Containers — 0.4% | Packaging & Containers — 0.4% | Packaging & Containers — 0.4% | Packaging & Containers — 0.4% |
| Fiber Midco SpA, 10.75% PIK, 6/15/29<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;$824224 |
| Sword Purchaser LLC, 8.25%, 4/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605 | &nbsp;&nbsp;&nbsp;&nbsp; 619522 |
| Toucan FinCo Ltd./Toucan FinCo Can, Inc./Toucan FinCo U.S. LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.25%, 5/15/30<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 454701 |
| &nbsp;&nbsp;&nbsp;9.50%, 5/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347 | &nbsp;&nbsp;&nbsp;&nbsp; 304360 |
|  |  |  | &nbsp;&nbsp;**$2202807** |
| Pharmaceuticals — 1.3% | Pharmaceuticals — 1.3% | Pharmaceuticals — 1.3% | Pharmaceuticals — 1.3% |
| 1261229 BC Ltd., 10.00%, 4/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001 | &nbsp;&nbsp;$1034476 |
| Amneal Pharmaceuticals LLC, 6.875%, 8/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282 | &nbsp;&nbsp;&nbsp;&nbsp; 293220 |
| Grifols SA, 7.50%, 5/1/30<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1254 | &nbsp;&nbsp;&nbsp;&nbsp; 1532533 |
| Nidda Healthcare Holding GmbH, 5.234% (3 mo. EURIBOR + 3.25%), 10/15/32<sup>(1)(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp; 370704 |
| P&L Development LLC/PLD Finance Corp., 12.00%, (12.00% cash or 9.00% cash and 3.50% PIK), 5/15/29<sup>(1)(12)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387 | &nbsp;&nbsp;&nbsp;&nbsp; 385581 |
| Rossini SARL, 6.75%, 12/31/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555 | &nbsp;&nbsp;&nbsp;&nbsp; 677104 |
| Teva Pharmaceutical Finance Netherlands II BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 5/9/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286 | &nbsp;&nbsp;&nbsp;&nbsp; 340594 |
| &nbsp;&nbsp;&nbsp;7.875%, 9/15/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 483118 |
| Teva Pharmaceutical Finance Netherlands III BV: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.10%, 10/1/46 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1378 | &nbsp;&nbsp;&nbsp;&nbsp; 1062792 |
| &nbsp;&nbsp;&nbsp;6.00%, 12/1/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp; 390703 |
|  |  |  | &nbsp;&nbsp;**$6570825** |
| Pipelines — 1.0% | Pipelines — 1.0% | Pipelines — 1.0% | Pipelines — 1.0% |
| Global Partners LP/GLP Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.125%, 7/1/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612 | &nbsp;&nbsp;$627535 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Pipelines (continued) | Pipelines (continued) | Pipelines (continued) | Pipelines (continued) |
| Global Partners LP/GLP Finance Corp.: (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;8.25%, 1/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649 | &nbsp;&nbsp;$681677 |
| Kinetik Holdings LP, 5.875%, 6/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679 | &nbsp;&nbsp;&nbsp;&nbsp; 681671 |
| NGL Energy Operating LLC/NGL Energy Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.125%, 2/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp; 560014 |
| &nbsp;&nbsp;&nbsp;8.375%, 2/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152 | &nbsp;&nbsp;&nbsp;&nbsp; 159600 |
| Plains All American Pipeline LP, Series B, 8.024%, (3 mo. SOFR + 4.372%)<sup>(2)(13)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;926 | &nbsp;&nbsp;&nbsp;&nbsp; 928317 |
| Venture Global Calcasieu Pass LLC, 6.00%, 5/1/36<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305 | &nbsp;&nbsp;&nbsp;&nbsp; 307517 |
| Venture Global LNG, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;9.00% to 9/30/29<sup>(1)(13)(14)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521 | &nbsp;&nbsp;&nbsp;&nbsp; 515648 |
| &nbsp;&nbsp;&nbsp;9.875%, 2/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228 | &nbsp;&nbsp;&nbsp;&nbsp; 244717 |
|  |  |  | &nbsp;&nbsp;**$4706696** |
| Publishing — 0.2% | Publishing — 0.2% | Publishing — 0.2% | Publishing — 0.2% |
| McGraw-Hill Education, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 8/1/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326 | &nbsp;&nbsp;$323755 |
| &nbsp;&nbsp;&nbsp;7.375%, 9/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp; 299824 |
| &nbsp;&nbsp;&nbsp;8.00%, 8/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606 | &nbsp;&nbsp;&nbsp;&nbsp; 606710 |
|  |  |  | &nbsp;&nbsp;**$1230289** |
| Real Estate Investment Trusts (REITs) — 1.4% | Real Estate Investment Trusts (REITs) — 1.4% | Real Estate Investment Trusts (REITs) — 1.4% | Real Estate Investment Trusts (REITs) — 1.4% |
| Adler Financing SARL, 8.25% PIK, 12/31/28 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563 | &nbsp;&nbsp;$748641 |
| Alexandrite Lake Lux Holdings SARL, 6.75%, 7/30/30<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp; 566675 |
| Alexandrite Monnet U.K. Holdco PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.875%, 5/31/31<sup>(3)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660 | &nbsp;&nbsp;&nbsp;&nbsp; 775438 |
| &nbsp;&nbsp;&nbsp;10.50%, 5/15/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1490096 |
| alstria SARL, 4.25%, 10/15/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 571319 |
| Cushman & Wakefield U.S. Borrower LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 5/15/28<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;&nbsp;&nbsp; 644421 |
| &nbsp;&nbsp;&nbsp;8.875%, 9/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594 | &nbsp;&nbsp;&nbsp;&nbsp; 625614 |
| Essendi SA, 6.375%, 10/15/29<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050 | &nbsp;&nbsp;&nbsp;&nbsp; 1268127 |
|  |  |  | &nbsp;&nbsp;**$6690331** |
| Retail — 1.7% | Retail — 1.7% | Retail — 1.7% | Retail — 1.7% |
| B&M European Value Retail PLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/28<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$259604 |
| &nbsp;&nbsp;&nbsp;8.125%, 11/15/30<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 563456 |
| Boots Group Finco LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 8/31/32<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 262907 |
| &nbsp;&nbsp;&nbsp;7.375%, 8/31/32<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp; 653619 |
| CD&R Firefly Bidco PLC, 8.625%, 4/30/29<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp; 1209573 |
| Cougar JV Subsidiary LLC, 8.00%, 5/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594 | &nbsp;&nbsp;&nbsp;&nbsp; 624984 |
| eG Global Finance PLC, 11.00%, 11/30/28<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 933690 |

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Retail (continued) | Retail (continued) | Retail (continued) | Retail (continued) |
| Ferrellgas LP/Ferrellgas Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 4/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602 | &nbsp;&nbsp;$587975 |
| &nbsp;&nbsp;&nbsp;9.25%, 1/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;&nbsp; 220548 |
| Global Auto Holdings Ltd./AAG FH U.K. Ltd., 8.375%, 1/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259 | &nbsp;&nbsp;&nbsp;&nbsp; 247179 |
| Men's Wearhouse LLC, 9.00%, 2/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 190599 |
| Park River Holdings, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.00%, 3/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453 | &nbsp;&nbsp;&nbsp;&nbsp; 455950 |
| &nbsp;&nbsp;&nbsp;8.75%, 12/31/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228 | &nbsp;&nbsp;&nbsp;&nbsp; 215826 |
| PetSmart LLC/PetSmart Finance Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 9/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 506677 |
| &nbsp;&nbsp;&nbsp;10.00%, 9/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 252690 |
| Waga Bondco Ltd., 8.50%, 6/15/30<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405 | &nbsp;&nbsp;&nbsp;&nbsp; 476450 |
| White Cap Supply Holdings LLC, 7.375%, 11/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594 | &nbsp;&nbsp;&nbsp;&nbsp; 601062 |
|  |  |  | &nbsp;&nbsp;**$8262789** |
| Retailers (Except Food and Drug) — 0.4% | Retailers (Except Food and Drug) — 0.4% | Retailers (Except Food and Drug) — 0.4% | Retailers (Except Food and Drug) — 0.4% |
| Bath & Body Works, Inc., 6.875%, 11/1/35 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410 | &nbsp;&nbsp;$404882 |
| Michaels Cos., Inc., 8.50%, 3/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715 | &nbsp;&nbsp;&nbsp;&nbsp; 706653 |
| Superior Plus LP/Superior General Partner, Inc., 4.50%, 3/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;&nbsp;&nbsp; 715006 |
|  |  |  | &nbsp;&nbsp;**$1826541** |
| Software — 0.9% | Software — 0.9% | Software — 0.9% | Software — 0.9% |
| Clarivate Science Holdings Corp., 4.875%, 7/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429 | &nbsp;&nbsp;$389490 |
| Cloud Software Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 3/31/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610 | &nbsp;&nbsp;&nbsp;&nbsp; 594421 |
| &nbsp;&nbsp;&nbsp;9.00%, 9/30/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1213 | &nbsp;&nbsp;&nbsp;&nbsp; 1192033 |
| OAK-Eagle Acquireco, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 7/1/33<sup>(1)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 483713 |
| &nbsp;&nbsp;&nbsp;7.25%, 7/1/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 242255 |
| &nbsp;&nbsp;&nbsp;8.75%, 7/1/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868 | &nbsp;&nbsp;&nbsp;&nbsp; 903794 |
| TeamSystem SpA, 5.704%, (3 mo. EURIBOR + 3.50%), 7/31/31<sup>(1)(2)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579 | &nbsp;&nbsp;&nbsp;&nbsp; 663494 |
|  |  |  | &nbsp;&nbsp;**$4469200** |
| Steel — 0.5% | Steel — 0.5% | Steel — 0.5% | Steel — 0.5% |
| Cleveland-Cliffs, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;7.375%, 5/1/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;$571421 |
| &nbsp;&nbsp;&nbsp;7.50%, 9/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435 | &nbsp;&nbsp;&nbsp;&nbsp; 444505 |
| &nbsp;&nbsp;&nbsp;7.625%, 1/15/34<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 242611 |
| Commercial Metals Co.: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 11/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 235527 |
| &nbsp;&nbsp;&nbsp;6.00%, 12/15/35<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 234883 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Steel (continued) | Steel (continued) | Steel (continued) | Steel (continued) |
| TMS International Corp., 6.25%, 4/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878 | &nbsp;&nbsp;$861515 |
|  |  |  | &nbsp;&nbsp;**$2590462** |
| Telecommunications — 2.8% | Telecommunications — 2.8% | Telecommunications — 2.8% | Telecommunications — 2.8% |
| APLD ComputeCo 2 LLC, 6.75%, 3/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;$475534 |
| APLD ComputeCo LLC, 9.25%, 12/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp; 338754 |
| Black Pearl Compute LLC, 6.125%, 2/15/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp; 340306 |
| Cipher Compute LLC, 7.125%, 11/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp; 524068 |
| Core Scientific Finance I LLC, 7.75%, 5/15/31<sup>(1)(3)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437 | &nbsp;&nbsp;&nbsp;&nbsp; 436139 |
| EchoStar Corp., 10.75%, 11/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904 | &nbsp;&nbsp;&nbsp;&nbsp; 981775 |
| Eutelsat SA, 1.50%, 10/13/28<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 560402 |
| Fibercop SpA: |  |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 6/30/30<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 355534 |
| &nbsp;&nbsp;&nbsp;5.125%, 6/30/32<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 259883 |
| &nbsp;&nbsp;&nbsp;7.20%, 7/18/36<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817 | &nbsp;&nbsp;&nbsp;&nbsp; 817000 |
| Iliad Holding SAS: |  |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 4/15/30<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495 | &nbsp;&nbsp;&nbsp;&nbsp; 594419 |
| &nbsp;&nbsp;&nbsp;5.625%, 10/15/28<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410 | &nbsp;&nbsp;&nbsp;&nbsp; 486058 |
| &nbsp;&nbsp;&nbsp;6.875%, 4/15/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 420635 |
| Maticmind SpA, 7.377%, 12/31/32<sup>(2)(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640 | &nbsp;&nbsp;&nbsp;&nbsp; 670316 |
| Odido Group Holding BV, 5.50%, 1/15/30<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 703518 |
| Sable International Finance Ltd., 7.125%, 10/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;262 | &nbsp;&nbsp;&nbsp;&nbsp; 261589 |
| Stagwell Global LLC, 5.625%, 8/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377 | &nbsp;&nbsp;&nbsp;&nbsp; 358862 |
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;8.625%, 6/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510 | &nbsp;&nbsp;&nbsp;&nbsp; 534151 |
| &nbsp;&nbsp;&nbsp;8.625%, 6/15/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 235655 |
| Uniti Services LLC, 7.50%, 10/15/33<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1642 | &nbsp;&nbsp;&nbsp;&nbsp; 1729791 |
| Vmed O2 U.K. Financing I PLC, 4.00%, 1/31/29<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590 | &nbsp;&nbsp;&nbsp;&nbsp; 758787 |
| Vodafone Group PLC, 8.00% to 5/30/31, 8/30/86<sup>(11)(14)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 288596 |
| Windstream Services LLC/Windstream Escrow Finance Corp., 8.25%, 10/1/31<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 105833 |
| WULF Compute LLC, 7.75%, 10/15/30<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321 | &nbsp;&nbsp;&nbsp;&nbsp; 337567 |
| Zegona Finance PLC, 8.625%, 7/15/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1048 | &nbsp;&nbsp;&nbsp;&nbsp; 1099472 |
|  |  |  | &nbsp;&nbsp;**$13674644** |
| Transportation — 0.8% | Transportation — 0.8% | Transportation — 0.8% | Transportation — 0.8% |
| Edge Finco PLC, 8.125%, 8/15/31<sup>(11)</sup> | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1394 | &nbsp;&nbsp;$1955503 |
| InPost SA, 4.00%, 4/1/31<sup>(11)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 372568 |
| Seaspan Corp., 5.50%, 8/1/29<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923 | &nbsp;&nbsp;&nbsp;&nbsp; 883004 |
| Watco Cos. LLC/Watco Finance Corp., 7.125%, 8/1/32<sup>(1)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;&nbsp;&nbsp; 769601 |
|  |  |  | &nbsp;&nbsp;**$3980676** |

---

*11*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Utilities — 1.2% | Utilities — 1.2% | Utilities — 1.2% |
| Leeward Renewable Energy Operations LLC, 4.25%, 7/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411 | &nbsp;&nbsp;$393446 |
| NRG Energy, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;3.875%, 2/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118 | &nbsp;&nbsp;&nbsp;&nbsp; 109244 |
| &nbsp;&nbsp;&nbsp;5.75%, 1/15/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409 | &nbsp;&nbsp;&nbsp;&nbsp; 406216 |
| &nbsp;&nbsp;&nbsp;6.00%, 2/1/33<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;&nbsp;&nbsp; 509185 |
| &nbsp;&nbsp;&nbsp;6.00%, 1/15/36<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910 | &nbsp;&nbsp;&nbsp;&nbsp; 904218 |
| &nbsp;&nbsp;&nbsp;6.125%, 5/15/36<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp; 279064 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp; 339114 |
| &nbsp;&nbsp;&nbsp;10.25% to 3/15/28<sup>(1)(13)(14)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;&nbsp;&nbsp; 690113 |
| TerraForm Power Operating LLC: |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 1/15/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460 | &nbsp;&nbsp;&nbsp;&nbsp; 445890 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/31/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 445829 |
| Vistra Operations Co. LLC: |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 5/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193 | &nbsp;&nbsp;&nbsp;&nbsp; 189720 |
| &nbsp;&nbsp;&nbsp;6.875%, 4/15/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1103 | &nbsp;&nbsp;&nbsp;&nbsp; 1151949 |
|  |  | &nbsp;&nbsp;**$5863988** |
| Total Corporate Bonds<br> (identified cost $207,882,249) |  | &nbsp;&nbsp;**$211654274** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Preferred Stocks — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Software and Services — 0.0%<sup>†</sup> | Software and Services — 0.0%<sup>†</sup> | Software and Services — 0.0%<sup>†</sup> |
| Blackboard LLC, Series A<sup>(7)(8)(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3932 | &nbsp;&nbsp;$72074 |
|  |  | &nbsp;&nbsp;**$72074** |
| Technology — 0.0%<sup>†</sup> | Technology — 0.0%<sup>†</sup> | Technology — 0.0%<sup>†</sup> |
| Cohesity Global, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Series G<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2137 | &nbsp;&nbsp;$42473 |
| &nbsp;&nbsp;&nbsp;Series G1<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1477 | &nbsp;&nbsp;&nbsp;&nbsp; 29355 |
|  |  | &nbsp;&nbsp;**$71828** |
| Total Preferred Stocks<br> (identified cost $146,396) |  | &nbsp;&nbsp;**$143902** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Senior Floating-Rate Loans — 28.8%<sup>(15)</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace and Defense — 0.5% | Aerospace and Defense — 0.5% | Aerospace and Defense — 0.5% | Aerospace and Defense — 0.5% |
| Kaman Corp.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 2/26/32<sup>(16)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372 | &nbsp;&nbsp;$374112 |
| &nbsp;&nbsp;&nbsp;Term Loan, 2/26/32<sup>(16)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28 | &nbsp;&nbsp;&nbsp;&nbsp; 28070 |
| TransDigm, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/28/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1853 | &nbsp;&nbsp;&nbsp;&nbsp; 1858340 |
| VistaJet Malta Finance PLC, Term Loan, 7.442%, (3 mo. USD Term SOFR + 3.75%), 4/1/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371 | &nbsp;&nbsp;&nbsp;&nbsp; 368901 |
|  |  |  | &nbsp;&nbsp;**$2629423** |
| Airlines — 0.2% | Airlines — 0.2% | Airlines — 0.2% | Airlines — 0.2% |
| American Airlines, Inc., Term Loan, 5.925%, (3 mo. USD Term SOFR + 2.25%), 4/20/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;965 | &nbsp;&nbsp;$961292 |
|  |  |  | &nbsp;&nbsp;**$961292** |
| Apparel & Luxury Goods — 0.3% | Apparel & Luxury Goods — 0.3% | Apparel & Luxury Goods — 0.3% | Apparel & Luxury Goods — 0.3% |
| Beach Acquisition Bidco LLC, Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 9/12/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;$501713 |
| Gloves Buyer, Inc., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 5/21/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697 | &nbsp;&nbsp;&nbsp;&nbsp; 697297 |
|  |  |  | &nbsp;&nbsp;**$1199010** |
| Auto Components — 1.0% | Auto Components — 1.0% | Auto Components — 1.0% | Auto Components — 1.0% |
| Adient U.S. LLC, Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980 | &nbsp;&nbsp;$982857 |
| Autokiniton U.S. Holdings, Inc., Term Loan, 7.767%, (1 mo. USD Term SOFR + 4.00%), 4/6/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266 | &nbsp;&nbsp;&nbsp;&nbsp; 263532 |
| Clarios Global LP: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.01%, (1 mo. EURIBOR + 3.00%), 7/16/31 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1505 | &nbsp;&nbsp;&nbsp;&nbsp; 1780420 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/6/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1059 | &nbsp;&nbsp;&nbsp;&nbsp; 1064901 |
| Crash Champions LLC, Term Loan, 8.423%, (3 mo. USD Term SOFR + 4.75%), 2/23/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 262711 |
| DexKo Global, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.163%, (3 mo. USD Term SOFR + 4.50%), 10/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162 | &nbsp;&nbsp;&nbsp;&nbsp; 154561 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.663%, (3 mo. USD Term SOFR + 5.00%), 10/6/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152 | &nbsp;&nbsp;&nbsp;&nbsp; 145307 |
| First Brands Group LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;DIP Loan, 13.657%, (1 mo. USD Term SOFR + 10.00%), 6/29/26 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp; 7389 |
| &nbsp;&nbsp;&nbsp;Term Loan, 3/30/27<sup>(16)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 699 |
| RealTruck Group, Inc.: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.517%, (3 mo. USD Term SOFR + 4.75%), 1/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;&nbsp;&nbsp; 174237 |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Auto Components (continued) | Auto Components (continued) | Auto Components (continued) |
| RealTruck Group, Inc.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 1/31/31<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68 | &nbsp;&nbsp;$68499 |
|  |  | &nbsp;&nbsp;**$4905113** |
| Automobiles — 0.1% | Automobiles — 0.1% | Automobiles — 0.1% |
| Bombardier Recreational Products, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 1/22/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;$264794 |
| MajorDrive Holdings IV LLC, Term Loan, 7.961%, (3 mo. USD Term SOFR + 4.00%), 6/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234 | &nbsp;&nbsp;&nbsp;&nbsp; 224291 |
|  |  | &nbsp;&nbsp;**$489085** |
| Biotechnology — 0.2% | Biotechnology — 0.2% | Biotechnology — 0.2% |
| Alkermes, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 8/12/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$403502 |
| Alltech, Inc., Term Loan, 8.017%, (1 mo. USD Term SOFR + 4.25%), 8/13/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613 | &nbsp;&nbsp;&nbsp;&nbsp; 615399 |
|  |  | &nbsp;&nbsp;**$1018901** |
| Broadline Retail — 0.1% | Broadline Retail — 0.1% | Broadline Retail — 0.1% |
| Peer Holding III BV, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 7/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691 | &nbsp;&nbsp;$694015 |
|  |  | &nbsp;&nbsp;**$694015** |
| Building Products — 0.8% | Building Products — 0.8% | Building Products — 0.8% |
| Associated Materials, Inc., Term Loan, 9.652%, (1 mo. USD Term SOFR + 6.00%), 3/8/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1313 | &nbsp;&nbsp;$951726 |
| Cornerstone Building Brands, Inc., Term Loan, 8.174%, (3 mo. USD Term SOFR + 4.50%), 5/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485 | &nbsp;&nbsp;&nbsp;&nbsp; 250217 |
| CP Atlas Buyer, Inc., Term Loan, 8.902%, (1 mo. USD Term SOFR + 5.25%), 7/8/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;544 | &nbsp;&nbsp;&nbsp;&nbsp; 489670 |
| Gibraltar Industries, Inc., Term Loan, 5.902% - 5.915%, (1 mo. USD Term SOFR + 2.25%), 2/2/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138 | &nbsp;&nbsp;&nbsp;&nbsp; 138635 |
| LBM Acquisition LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 6/6/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp; 668351 |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.652%, (1 mo. USD Term SOFR + 5.00%), 6/6/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124 | &nbsp;&nbsp;&nbsp;&nbsp; 111299 |
| MI Windows & Doors LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/28/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;338 | &nbsp;&nbsp;&nbsp;&nbsp; 333208 |
| Specialty Building Products Holdings LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 10/16/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1335 | &nbsp;&nbsp;&nbsp;&nbsp; 1169884 |
|  |  | &nbsp;&nbsp;**$4112990** |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Capital Markets — 1.2% | Capital Markets — 1.2% | Capital Markets — 1.2% |
| AllSpring Buyer LLC, Term Loan, 6.75%, (3 mo. USD Term SOFR + 3.00%), 11/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;$600201 |
| Edelman Financial Center LLC, Term Loan, 12/1/31<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 451125 |
| Focus Financial Partners LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;954 | &nbsp;&nbsp;&nbsp;&nbsp; 947566 |
| Fortress Intermediate 3, Inc., Term Loan, 6.661%, (1 mo. USD Term SOFR + 3.00%), 6/27/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1536 | &nbsp;&nbsp;&nbsp;&nbsp; 1529862 |
| Jupiter Borrower, Inc., Term Loan, 3/25/33<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 502500 |
| Kestra Advisor Services Holdings A, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 3/22/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269 | &nbsp;&nbsp;&nbsp;&nbsp; 269853 |
| Mariner Wealth Advisors LLC , Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 12/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;852 | &nbsp;&nbsp;&nbsp;&nbsp; 855986 |
| Orion U.S. Finco, Inc., Term Loan, 7.169%, (3 mo. USD Term SOFR + 3.50%), 10/8/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 400188 |
| Victory Capital Holdings, Inc., Term Loan, 5.70%, (3 mo. USD Term SOFR + 2.00%), 9/23/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;&nbsp;&nbsp; 300018 |
|  |  | &nbsp;&nbsp;**$5857299** |
| Chemicals — 0.9% | Chemicals — 0.9% | Chemicals — 0.9% |
| Axalta Coating Systems U.S. Holdings, Inc., Term Loan, 5.45%, (3 mo. USD Term SOFR + 1.75%), 12/20/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;644 | &nbsp;&nbsp;$645596 |
| Charter NEX U.S., Inc., Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%), 11/29/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 500720 |
| CP Iris HoldCo I, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 10/27/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364 | &nbsp;&nbsp;&nbsp;&nbsp; 360643 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10/27/32<sup>(17)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 | &nbsp;&nbsp;&nbsp;&nbsp; 10607 |
| Discovery Purchaser Corp., Term Loan, 10/4/29<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 223228 |
| INEOS U.S. Finance LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 2/18/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1978 | &nbsp;&nbsp;&nbsp;&nbsp; 1846701 |
| SCUR-Alpha 1503 GmbH, Term Loan, 9.163%, (3 mo. USD Term SOFR + 5.50%), 3/29/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296 | &nbsp;&nbsp;&nbsp;&nbsp; 261090 |
| Tronox Finance LLC, Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 4/4/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366 | &nbsp;&nbsp;&nbsp;&nbsp; 324403 |
| W.R. Grace & Co.-Conn., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/19/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399 | &nbsp;&nbsp;&nbsp;&nbsp; 399911 |
|  |  | &nbsp;&nbsp;**$4572899** |
| Commercial Services & Supplies — 1.3% | Commercial Services & Supplies — 1.3% | Commercial Services & Supplies — 1.3% |
| Albion Financing 3 SARL, Term Loan, 6.664%, (3 mo. USD Term SOFR + 3.00%), 5/21/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582 | &nbsp;&nbsp;$585756 |
| Allied Universal Holdco LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 8/20/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;799 | &nbsp;&nbsp;&nbsp;&nbsp; 802201 |
| Anticimex International AB, Term Loan, 6.56%, (3 mo. USD Term SOFR + 2.90%), 11/17/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349 | &nbsp;&nbsp;&nbsp;&nbsp; 350579 |

---

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) | Commercial Services & Supplies (continued) |
| EnergySolutions LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 9/20/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648 | &nbsp;&nbsp;$651844 |
| Foundever Group, Term Loan, 7.711%, (3 mo. USD Term SOFR + 3.75%), 8/28/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349 | &nbsp;&nbsp;&nbsp;&nbsp; 204407 |
| Garda World Security Corp., Term Loan, 6.419%, (3 mo. USD Term SOFR + 2.75%), 2/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1026 | &nbsp;&nbsp;&nbsp;&nbsp; 1027095 |
| GFL Environmental, Inc., Term Loan, 6.166%, (3 mo. USD Term SOFR + 2.50%), 3/3/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;&nbsp;&nbsp; 599054 |
| Heritage-Crystal Clean, Inc., Term Loan, 7.461%, (3 mo. USD Term SOFR + 3.75%), 10/17/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393 | &nbsp;&nbsp;&nbsp;&nbsp; 394930 |
| LSF12 Crown U.S. Commercial Bidco LLC, Term Loan, 6.665%, (1 mo. USD Term SOFR + 3.00%), 12/2/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363 | &nbsp;&nbsp;&nbsp;&nbsp; 365723 |
| Reworld Holding Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.911%, (1 mo. USD Term SOFR + 2.25%), 1/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344 | &nbsp;&nbsp;&nbsp;&nbsp; 344865 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.911%, (1 mo. USD Term SOFR + 2.25%), 1/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp; 56041 |
| Signal Parent, Inc., Term Loan, 7.263%, (3 mo. USD Term SOFR + 3.50%), 4/3/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;709 | &nbsp;&nbsp;&nbsp;&nbsp; 438941 |
| Tidal Waste & Recycling Holdings LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/24/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495 | &nbsp;&nbsp;&nbsp;&nbsp; 496726 |
|  |  | &nbsp;&nbsp;**$6318162** |
| Construction Materials — 0.3% | Construction Materials — 0.3% | Construction Materials — 0.3% |
| Quikrete Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/19/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;760 | &nbsp;&nbsp;$761328 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/10/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298 | &nbsp;&nbsp;&nbsp;&nbsp; 298331 |
| Smyrna Ready Mix Concrete LLC, Term Loan, 4/2/29<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 400876 |
|  |  | &nbsp;&nbsp;**$1460535** |
| Consumer Staples Distribution & Retail — 0.1% | Consumer Staples Distribution & Retail — 0.1% | Consumer Staples Distribution & Retail — 0.1% |
| Boots Group Bidco Ltd., Term Loan, 6.924%, (3 mo. USD Term SOFR + 3.25%), 8/30/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;$502259 |
|  |  | &nbsp;&nbsp;**$502259** |
| Containers & Packaging — 0.7% | Containers & Packaging — 0.7% | Containers & Packaging — 0.7% |
| Altium Packaging LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 6/11/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339 | &nbsp;&nbsp;$331275 |
| Clydesdale Acquisition Holdings, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 4/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592 | &nbsp;&nbsp;&nbsp;&nbsp; 550616 |
| Owens-Illinois, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 9/30/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;&nbsp;&nbsp; 295822 |

---

---

| | | | |
|:---|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Containers & Packaging (continued) | Containers & Packaging (continued) | Containers & Packaging (continued) | Containers & Packaging (continued) |
| Pregis TopCo Corp., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 2/1/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;$299666 |
| Proampac PG Borrower LLC, Term Loan, 7.652% - 7.663%, (1 mo. USD Term SOFR + 4.00%, 3 mo. USD Term SOFR + 4.00%), 3/7/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 587550 |
| Sword Purchaser LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 4/11/33 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 680750 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/11/33<sup>(16)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp; 262575 |
| Trivium Packaging BV, Term Loan, 5.92%, (3 mo. EURIBOR + 3.75%), 5/28/30 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 412024 |
|  |  |  | &nbsp;&nbsp;**$3420278** |
| Diversified Consumer Services — 0.4% | Diversified Consumer Services — 0.4% | Diversified Consumer Services — 0.4% | Diversified Consumer Services — 0.4% |
| Ascend Learning LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 12/11/28 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;$294542 |
| Belron Finance 2019 LLC, Term Loan, 5.66%, (3 mo. USD Term SOFR + 2.00%), 10/16/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686 | &nbsp;&nbsp;&nbsp;&nbsp; 689964 |
| Fugue Finance BV, Term Loan, 5.921%, (3 mo. USD Term SOFR + 2.25%), 1/9/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;&nbsp;&nbsp; 735637 |
| Spring Education Group, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 10/4/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;&nbsp;&nbsp; 297509 |
|  |  |  | &nbsp;&nbsp;**$2017652** |
| Diversified Telecommunication Services — 0.2% | Diversified Telecommunication Services — 0.2% | Diversified Telecommunication Services — 0.2% | Diversified Telecommunication Services — 0.2% |
| Altice France SA, Term Loan, 9.048%, (3 mo. USD Term SOFR + 5.38%), 5/14/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377 | &nbsp;&nbsp;$379400 |
| Level 3 Financing, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 3/29/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 502320 |
| Virgin Media Bristol LLC, Term Loan, 6.967%, (6 mo. USD Term SOFR + 3.18%), 3/31/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 281469 |
|  |  |  | &nbsp;&nbsp;**$1163189** |
| Electric Utilities — 0.1% | Electric Utilities — 0.1% | Electric Utilities — 0.1% | Electric Utilities — 0.1% |
| MRP Buyer LLC: |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.942% - 6.95%, (3 mo. USD Term SOFR + 3.25%), 6/4/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76 | &nbsp;&nbsp;$76360 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 6/4/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596 | &nbsp;&nbsp;&nbsp;&nbsp; 598775 |
|  |  |  | &nbsp;&nbsp;**$675135** |
| Electrical Equipment — 0.3% | Electrical Equipment — 0.3% | Electrical Equipment — 0.3% | Electrical Equipment — 0.3% |
| Dynamo Newco II GmbH, Term Loan, 6.907%, (1 mo. USD Term SOFR + 3.25%), 9/30/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;493 | &nbsp;&nbsp;$442044 |

---

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Electrical Equipment (continued) | Electrical Equipment (continued) | Electrical Equipment (continued) |
| Kohler Energy Co. LLC, Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 5/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;$366660 |
| WEC U.S. Holdings Ltd., Term Loan, 5.665%, (1 mo. USD Term SOFR + 2.00%), 1/27/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;&nbsp;&nbsp; 739721 |
|  |  | &nbsp;&nbsp;**$1548425** |
| Electronic Equipment, Instruments & Components — 0.6% | Electronic Equipment, Instruments & Components — 0.6% | Electronic Equipment, Instruments & Components — 0.6% |
| Chamberlain Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 9/8/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728 | &nbsp;&nbsp;$728407 |
| Creation Technologies, Inc., Term Loan, 9.436%, (3 mo. USD Term SOFR + 5.50%), 10/5/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384 | &nbsp;&nbsp;&nbsp;&nbsp; 382228 |
| Range Red Operating, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 11.761%, (3 mo. USD Term SOFR + 8.00%), 10/1/29<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355 | &nbsp;&nbsp;&nbsp;&nbsp; 283670 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 11.761%, (3 mo. USD Term SOFR + 8.00%), 10/1/29<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1487 | &nbsp;&nbsp;&nbsp;&nbsp; 1189955 |
| Verifone Systems, Inc., Term Loan, 9.175%, (3 mo. USD Term SOFR + 5.25%), 8/18/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201 | &nbsp;&nbsp;&nbsp;&nbsp; 191530 |
|  |  | &nbsp;&nbsp;**$2775790** |
| Energy Equipment & Services — 0.2% | Energy Equipment & Services — 0.2% | Energy Equipment & Services — 0.2% |
| New Generation Gas Gathering LLC, Term Loan, 8.913%, (3 mo. USD Term SOFR + 5.25%), 9/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955 | &nbsp;&nbsp;$928142 |
|  |  | &nbsp;&nbsp;**$928142** |
| Engineering & Construction — 0.4% | Engineering & Construction — 0.4% | Engineering & Construction — 0.4% |
| Artera Services LLC, Term Loan, 8.152%, (1 mo. USD Term SOFR + 4.50%), 2/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295 | &nbsp;&nbsp;$253988 |
| Azuria Water Solutions, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/25/33<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485 | &nbsp;&nbsp;&nbsp;&nbsp; 485901 |
| &nbsp;&nbsp;&nbsp;Term Loan, 4/25/33<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp; 64787 |
| Brand Industrial Services, Inc., Term Loan, 8/1/30<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 174230 |
| Green Infrastructure Partners, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 9/24/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 276031 |
| New Arclin U.S. Holding Corp., Term Loan, 4/1/33<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 235000 |
| Northstar Group Services, Inc., Term Loan, 8.413%, (3 mo. USD Term SOFR + 4.75%), 5/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590 | &nbsp;&nbsp;&nbsp;&nbsp; 593934 |
|  |  | &nbsp;&nbsp;**$2083871** |
| Entertainment — 0.8% | Entertainment — 0.8% | Entertainment — 0.8% |
| Creative Artists Agency LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 10/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;$599445 |
| Electronic Arts, Inc., Term Loan, 3/24/33<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1301950 |
| EOC Borrower LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/24/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791 | &nbsp;&nbsp;&nbsp;&nbsp; 794758 |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Entertainment (continued) | Entertainment (continued) | Entertainment (continued) |
| TKO Worldwide Holdings LLC, Term Loan, 5.664%, (3 mo. USD Term SOFR + 2.00%), 11/21/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;993 | &nbsp;&nbsp;$997290 |
| Varsity Brands, Inc., Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 8/26/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp; 369620 |
|  |  | &nbsp;&nbsp;**$4063063** |
| Financial Services — 0.1% | Financial Services — 0.1% | Financial Services — 0.1% |
| CPI Holdco B LLC, Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 5/19/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419 | &nbsp;&nbsp;$419052 |
| Synechron, Inc., Term Loan, 7.45%, (3 mo. USD Term SOFR + 3.75%), 10/3/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295 | &nbsp;&nbsp;&nbsp;&nbsp; 272403 |
|  |  | &nbsp;&nbsp;**$691455** |
| Food Products — 0.4% | Food Products — 0.4% | Food Products — 0.4% |
| Del Monte Foods, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 8/2/28<sup>(9)(18)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;&nbsp;Term Loan, 0.00%, 8/2/28<sup>(9)(18)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62 | &nbsp;&nbsp;&nbsp;&nbsp; 37525 |
| &nbsp;&nbsp;&nbsp;Term Loan, 13.265%, (1 mo. USD Term SOFR + 9.50%), 6/1/26<sup>(9)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 133306 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 0.00%, 8/2/28<sup>(9)(18)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Froneri Lux Finco SARL, Term Loan, 5.877%, (6 mo. USD Term SOFR + 2.25%), 9/30/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673 | &nbsp;&nbsp;&nbsp;&nbsp; 669700 |
| Newly Weds Foods, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 3/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp; 249918 |
| Nomad Foods Europe Midco Ltd., Term Loan, 6.276%, (6 mo. USD Term SOFR + 2.50%), 10/28/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583 | &nbsp;&nbsp;&nbsp;&nbsp; 568696 |
| PFI Lower Midco LLC, Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 12/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;&nbsp;&nbsp; 502805 |
|  |  | &nbsp;&nbsp;**$2161950** |
| Gas Utilities — 0.1% | Gas Utilities — 0.1% | Gas Utilities — 0.1% |
| Stonepeak Bayou Holdings LP, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;$247500 |
|  |  | &nbsp;&nbsp;**$247500** |
| Health Care Equipment & Supplies — 0.4% | Health Care Equipment & Supplies — 0.4% | Health Care Equipment & Supplies — 0.4% |
| Bausch & Lomb Corp., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 1/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498 | &nbsp;&nbsp;$501251 |
| Hologic, Inc., Term Loan, 5.924%, (3 mo. USD Term SOFR + 2.25%), 4/7/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 672050 |
| Medline Borrower LP, Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 10/23/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;614 | &nbsp;&nbsp;&nbsp;&nbsp; 617293 |
|  |  | &nbsp;&nbsp;**$1790594** |
| Health Care Providers & Services — 1.8% | Health Care Providers & Services — 1.8% | Health Care Providers & Services — 1.8% |
| CNT Holdings I Corp., Term Loan, 6.163%, (3 mo. USD Term SOFR + 2.50%), 11/8/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424 | &nbsp;&nbsp;$426009 |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care Providers & Services (continued) | Health Care Providers & Services (continued) | Health Care Providers & Services (continued) |
| Ensemble RCM LLC, Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/9/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;$323248 |
| ExamWorks BidCo, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/6/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;&nbsp;&nbsp; 501178 |
| Global Medical Response, Inc., Term Loan, 7.157%, (1 mo. USD Term SOFR + 3.50%), 10/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;&nbsp;&nbsp; 300731 |
| Hanger, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/23/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308 | &nbsp;&nbsp;&nbsp;&nbsp; 309914 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 10/23/31<sup>(17)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp; 40157 |
| Heartland Dental LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 8/25/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348 | &nbsp;&nbsp;&nbsp;&nbsp; 348944 |
| LifePoint Health, Inc., Term Loan, 7.423%, (3 mo. USD Term SOFR + 3.75%), 5/19/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381 | &nbsp;&nbsp;&nbsp;&nbsp; 380035 |
| MDVIP, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 10/14/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149 | &nbsp;&nbsp;&nbsp;&nbsp; 149319 |
| MED ParentCo LP, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 4/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496 | &nbsp;&nbsp;&nbsp;&nbsp; 498077 |
| Midwest Physician Administrative Services LLC, Term Loan, 6.961%, (3 mo. USD Term SOFR + 3.00%), 3/12/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199 | &nbsp;&nbsp;&nbsp;&nbsp; 176535 |
| National Mentor Holdings, Inc., Term Loan, 9.652%, (1 mo. USD Term SOFR + 6.00%), 12/12/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397 | &nbsp;&nbsp;&nbsp;&nbsp; 399245 |
| Pacific Dental Services LLC, Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%), 3/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589 | &nbsp;&nbsp;&nbsp;&nbsp; 590937 |
| Phoenix Guarantor, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/21/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699 | &nbsp;&nbsp;&nbsp;&nbsp; 701906 |
| Radnet Management, Inc., Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 4/18/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983 | &nbsp;&nbsp;&nbsp;&nbsp; 986445 |
| Raven Acquisition Holdings LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/19/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;&nbsp;&nbsp; 297637 |
| &nbsp;&nbsp;&nbsp;Term Loan, 11/19/31<sup>(17)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22 | &nbsp;&nbsp;&nbsp;&nbsp; 21475 |
| Reverb Buyer, Inc., Term Loan, 7.263%, (3 mo. USD Term SOFR + 3.50%), 11/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;961 | &nbsp;&nbsp;&nbsp;&nbsp; 691847 |
| Select Medical Corp., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 12/3/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321 | &nbsp;&nbsp;&nbsp;&nbsp; 320739 |
| Surgery Center Holdings, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 12/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980 | &nbsp;&nbsp;&nbsp;&nbsp; 983843 |
| U.S. Anesthesia Partners, Inc., Term Loan, 7.779%, (1 mo. USD Term SOFR + 4.00%), 10/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494 | &nbsp;&nbsp;&nbsp;&nbsp; 495112 |
|  |  | &nbsp;&nbsp;**$8943333** |
| Health Care Technology — 0.5% | Health Care Technology — 0.5% | Health Care Technology — 0.5% |
| athenahealth Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 2/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;$524135 |
| Cotiviti Corp., Term Loan, 6.415%, (1 mo. USD Term SOFR + 2.75%), 5/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;739 | &nbsp;&nbsp;&nbsp;&nbsp; 680574 |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Health Care Technology (continued) | Health Care Technology (continued) | Health Care Technology (continued) |
| PointClickCare Technologies, Inc., Term Loan, 6.413%, (3 mo. USD Term SOFR + 2.75%), 11/3/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;$398000 |
| Project Ruby Ultimate Parent Corp., Term Loan, 6.517%, (1 mo. USD Term SOFR + 2.75%), 3/10/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;&nbsp;&nbsp; 398350 |
| Waystar Technologies, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 10/22/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339 | &nbsp;&nbsp;&nbsp;&nbsp; 339885 |
|  |  | &nbsp;&nbsp;**$2340944** |
| Hotels, Restaurants & Leisure — 1.9% | Hotels, Restaurants & Leisure — 1.9% | Hotels, Restaurants & Leisure — 1.9% |
| Betclic Everest Group, Term Loan, 12/10/31<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;$377344 |
| Caesars Entertainment, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 2/6/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384 | &nbsp;&nbsp;&nbsp;&nbsp; 372841 |
| Delivery Hero SE, Term Loan, 8.639%, (3 mo. USD Term SOFR + 5.00%), 12/12/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224 | &nbsp;&nbsp;&nbsp;&nbsp; 223867 |
| Fertitta Entertainment LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/27/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;&nbsp;&nbsp; 32138 |
| Flutter Financing BV: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.45%, (3 mo. USD Term SOFR + 1.75%), 11/30/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp; 918894 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.70%, (3 mo. USD Term SOFR + 2.00%), 6/4/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397 | &nbsp;&nbsp;&nbsp;&nbsp; 395636 |
| GVC Holdings (Gibraltar) Ltd., Term Loan, 5.951%, (3 mo. USD Term SOFR + 2.25%), 10/31/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;495 | &nbsp;&nbsp;&nbsp;&nbsp; 496277 |
| Herschend Entertainment Co. LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/27/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298 | &nbsp;&nbsp;&nbsp;&nbsp; 299401 |
| Horizon U.S. Finco LP, Term Loan, 8.413%, (3 mo. USD Term SOFR + 4.75%), 10/31/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297 | &nbsp;&nbsp;&nbsp;&nbsp; 276423 |
| IRB Holding Corp., Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 12/16/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1908 | &nbsp;&nbsp;&nbsp;&nbsp; 1914746 |
| Ontario Gaming GTA LP, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 8/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392 | &nbsp;&nbsp;&nbsp;&nbsp; 372847 |
| Peninsula Pacific Entertainment LLC, Term Loan, 8.45%, (3 mo. USD Term SOFR + 4.75%), 10/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946 | &nbsp;&nbsp;&nbsp;&nbsp; 944420 |
| Scientific Games Holdings LP, Term Loan, 6.674%, (3 mo. USD Term SOFR + 3.00%), 4/4/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393 | &nbsp;&nbsp;&nbsp;&nbsp; 387757 |
| SeaWorld Parks & Entertainment, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 12/4/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671 | &nbsp;&nbsp;&nbsp;&nbsp; 665058 |
| Spectacle Gary Holdings LLC, Term Loan, 8.10%, (3 mo. USD Term SOFR + 4.25%), 12/11/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668 | &nbsp;&nbsp;&nbsp;&nbsp; 650310 |
| Turquoise Topco Ltd., Term Loan, 6.951%, (3 mo. USD Term SOFR + 3.25%), 12/30/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 442688 |
| Voyager Parent LLC, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 7/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;&nbsp;&nbsp; 597944 |
|  |  | &nbsp;&nbsp;**$9368591** |

---

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Household Durables — 0.1% | Household Durables — 0.1% | Household Durables — 0.1% |
| Madison Safety & Flow LLC, Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 9/26/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288 | &nbsp;&nbsp;$288721 |
| PHRG Intermediate LLC, Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 2/20/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323 | &nbsp;&nbsp;&nbsp;&nbsp; 321556 |
|  |  | &nbsp;&nbsp;**$610277** |
| Independent Power and Renewable Electricity Producers — 0.1% | Independent Power and Renewable Electricity Producers — 0.1% | Independent Power and Renewable Electricity Producers — 0.1% |
| Talen Energy Supply LLC, Term Loan, 6.153%, (3 mo. USD Term SOFR + 2.50%), 12/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;$599908 |
|  |  | &nbsp;&nbsp;**$599908** |
| Industrial Conglomerates — 0.1% | Industrial Conglomerates — 0.1% | Industrial Conglomerates — 0.1% |
| Bettcher Industries, Inc., Term Loan, 7.68%, (U.S. (Fed) Prime Rate + 4.00%), 4/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;$226688 |
|  |  | &nbsp;&nbsp;**$226688** |
| Insurance — 1.4% | Insurance — 1.4% | Insurance — 1.4% |
| Acrisure LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/6/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176 | &nbsp;&nbsp;$173229 |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 6/21/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399 | &nbsp;&nbsp;&nbsp;&nbsp; 393209 |
| Alera Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 5/30/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;&nbsp;&nbsp; 394188 |
| Alliant Holdings Intermediate LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/19/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 624942 |
| AmWINS Group, Inc., Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 1/30/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp; 950135 |
| Broadstreet Partners, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 6/13/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996 | &nbsp;&nbsp;&nbsp;&nbsp; 990861 |
| IMA Financial Group, Inc., Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 11/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348 | &nbsp;&nbsp;&nbsp;&nbsp; 348372 |
| Ryan Specialty Group LLC, Term Loan, 5.652%, (1 mo. USD Term SOFR + 2.00%), 9/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691 | &nbsp;&nbsp;&nbsp;&nbsp; 694274 |
| Trucordia Insurance Holdings LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 6/17/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444 | &nbsp;&nbsp;&nbsp;&nbsp; 424771 |
| Truist Insurance Holdings LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 5/6/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp; 343034 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 8.45%, (3 mo. USD Term SOFR + 4.75%), 5/6/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439 | &nbsp;&nbsp;&nbsp;&nbsp; 436178 |
| USI, Inc., Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 11/21/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1153 | &nbsp;&nbsp;&nbsp;&nbsp; 1155536 |
|  |  | &nbsp;&nbsp;**$6928729** |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Interactive Media & Services — 0.2% | Interactive Media & Services — 0.2% | Interactive Media & Services — 0.2% |
| Aragorn Parent Corp., Term Loan, 7.163%, (3 mo. USD Term SOFR + 3.50%), 12/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;814 | &nbsp;&nbsp;$818715 |
|  |  | &nbsp;&nbsp;**$818715** |
| IT Services — 0.7% | IT Services — 0.7% | IT Services — 0.7% |
| Asurion LLC, Term Loan, 7.902%, (1 mo. USD Term SOFR + 4.25%), 9/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985 | &nbsp;&nbsp;$987379 |
| Blackhawk Network Holdings, Inc., Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 3/12/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;348 | &nbsp;&nbsp;&nbsp;&nbsp; 345573 |
| Gainwell Acquisition Corp., Term Loan, 7.80%, (3 mo. USD Term SOFR + 4.00%), 10/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404 | &nbsp;&nbsp;&nbsp;&nbsp; 398202 |
| Go Daddy Operating Co. LLC, Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 5/30/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157 | &nbsp;&nbsp;&nbsp;&nbsp; 153958 |
| NAB Holdings LLC, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/23/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404 | &nbsp;&nbsp;&nbsp;&nbsp; 378786 |
| Newfold Digital Holdings Group, Inc., Term Loan, 7.26%, (1 mo. USD Term SOFR + 3.50%), 4/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146 | &nbsp;&nbsp;&nbsp;&nbsp; 100444 |
| Sedgwick Claims Management Services, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 7/31/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp; 790053 |
| Virtusa Corp., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 2/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp; 230765 |
|  |  | &nbsp;&nbsp;**$3385160** |
| Leisure Products — 0.5% | Leisure Products — 0.5% | Leisure Products — 0.5% |
| GSM Holdings, Inc., Term Loan, 8.70%, (3 mo. USD Term SOFR + 5.00%), 9/30/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296 | &nbsp;&nbsp;$295177 |
| Hayward Industries, Inc., Term Loan, 6.267%, (1 mo. USD Term SOFR + 2.50%), 5/30/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;984 | &nbsp;&nbsp;&nbsp;&nbsp; 990265 |
| Peloton Interactive, Inc., Term Loan, 9.152%, (1 mo. USD Term SOFR + 5.50%), 5/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;889 | &nbsp;&nbsp;&nbsp;&nbsp; 895280 |
| Recess Holdings, Inc., Term Loan, 7.417%, (3 mo. USD Term SOFR + 3.75%), 2/20/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp; 492879 |
|  |  | &nbsp;&nbsp;**$2673601** |
| Life Sciences Tools & Services — 0.2% | Life Sciences Tools & Services — 0.2% | Life Sciences Tools & Services — 0.2% |
| Parexel International Corp., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 12/12/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697 | &nbsp;&nbsp;$697868 |
| Star Parent, Inc., Term Loan, 9/27/30<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 325509 |
|  |  | &nbsp;&nbsp;**$1023377** |
| Machinery — 1.7% | Machinery — 1.7% | Machinery — 1.7% |
| AAG U.S. GSI Bidco, Inc., Term Loan, 8.70%, (3 mo. USD Term SOFR + 5.00%), 10/31/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199 | &nbsp;&nbsp;$200494 |

---

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Machinery (continued) | Machinery (continued) | Machinery (continued) |
| AI Aqua Merger Sub, Inc., Term Loan, 6.161%, (1 mo. USD Term SOFR + 2.50%, 3 mo. USD Term SOFR + 2.50%), 7/31/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1029 | &nbsp;&nbsp;$1032299 |
| Apex Tool Group LLC, Term Loan, 9.652%, (1 mo. USD Term SOFR + 6.00%), 2/8/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp; 3442 |
| Astro Acquisition LLC, Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 8/30/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 201246 |
| Barnes Group, Inc., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/27/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543 | &nbsp;&nbsp;&nbsp;&nbsp; 543821 |
| Cleanova U.S. Holdings LLC, Term Loan, 8.425%, (3 mo. USD Term SOFR + 4.75%), 6/14/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199 | &nbsp;&nbsp;&nbsp;&nbsp; 197134 |
| Columbus McKinnon Corp., Term Loan, 7.20%, (3 mo. USD Term SOFR + 3.50%), 2/3/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221 | &nbsp;&nbsp;&nbsp;&nbsp; 221401 |
| Conair Holdings LLC, Term Loan, 7.517%, (1 mo. USD Term SOFR + 3.75%), 5/17/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476 | &nbsp;&nbsp;&nbsp;&nbsp; 337046 |
| CPM Holdings, Inc., Term Loan, 8.165%, (1 mo. USD Term SOFR + 4.50%), 9/28/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489 | &nbsp;&nbsp;&nbsp;&nbsp; 489801 |
| EMRLD Borrower LP, Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 5/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp; 1002 |
| Engineered Machinery Holdings, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 11/26/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807 | &nbsp;&nbsp;&nbsp;&nbsp; 813233 |
| Filtration Group Corp., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 10/21/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502 | &nbsp;&nbsp;&nbsp;&nbsp; 503590 |
| Gates Global LLC, Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 6/4/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640 | &nbsp;&nbsp;&nbsp;&nbsp; 641982 |
| Icebox Holdco III, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 12/22/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp; 110626 |
| LSF12 Helix Parent LLC, Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 2/10/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 350614 |
| Resilience Parent LLC, Term Loan, 6.126%, (6 mo. USD Term SOFR + 2.50%), 2/28/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 501750 |
| Roper Industrial Products Investment Co. LLC, Term Loan, 6.20%, (3 mo. USD Term SOFR + 2.50%), 11/22/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684 | &nbsp;&nbsp;&nbsp;&nbsp; 686935 |
| TK Elevator Midco GmbH, Term Loan, 6.377%, (6 mo. USD Term SOFR + 2.75%), 4/30/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1384 | &nbsp;&nbsp;&nbsp;&nbsp; 1397476 |
|  |  | &nbsp;&nbsp;**$8233892** |
| Media — 0.5% | Media — 0.5% | Media — 0.5% |
| ABG Intermediate Holdings 2 LLC, Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 12/21/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;$300232 |
| E.W. Scripps Co.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.126%, (1 mo. USD Term SOFR + 3.35%), 11/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;678 | &nbsp;&nbsp;&nbsp;&nbsp; 669664 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.526%, (1 mo. USD Term SOFR + 5.75%), 6/30/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123 | &nbsp;&nbsp;&nbsp;&nbsp; 123733 |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Media (continued) | Media (continued) | Media (continued) |
| Fleet Midco I Ltd., Term Loan, 6.419%, (3 mo. USD Term SOFR + 2.75%), 2/21/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;$301492 |
| Nexstar Broadcasting, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 3/18/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 350193 |
| Univision Communications, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 6/24/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349 | &nbsp;&nbsp;&nbsp;&nbsp; 349421 |
| &nbsp;&nbsp;&nbsp;Term Loan, 1/31/29<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 199041 |
|  |  | &nbsp;&nbsp;**$2293776** |
| Metals/Mining — 0.1% | Metals/Mining — 0.1% | Metals/Mining — 0.1% |
| Arsenal AIC Parent LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 8/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329 | &nbsp;&nbsp;$330573 |
| Wireco Worldgroup, Inc., Term Loan, 7.414%, (3 mo. USD Term SOFR + 3.75%), 11/13/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247 | &nbsp;&nbsp;&nbsp;&nbsp; 246767 |
|  |  | &nbsp;&nbsp;**$577340** |
| Oil, Gas & Consumable Fuels — 0.7% | Oil, Gas & Consumable Fuels — 0.7% | Oil, Gas & Consumable Fuels — 0.7% |
| Freeport LNG Investments LLLP, Term Loan, 6.925%, (3 mo. USD Term SOFR + 3.25%), 2/11/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;$651830 |
| GIP Pilot Acquisition Partners LP, Term Loan, 5.674%, (3 mo. USD Term SOFR + 2.00%), 10/4/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;512 | &nbsp;&nbsp;&nbsp;&nbsp; 515084 |
| Matador Bidco SARL, Term Loan, 7/30/29<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 397900 |
| Oryx Midstream Services Permian Basin LLC, Term Loan, 5.904%, (1 mo. USD Term SOFR + 2.25%), 10/5/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728 | &nbsp;&nbsp;&nbsp;&nbsp; 730835 |
| UGI Energy Services LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 2/22/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334 | &nbsp;&nbsp;&nbsp;&nbsp; 336881 |
| Venture Global Calcasieu Pass LLC, Term Loan, 6.937%, (6 mo. USD Term SOFR + 3.25%), 4/11/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 552076 |
|  |  | &nbsp;&nbsp;**$3184606** |
| Passenger Airlines — 0.1% | Passenger Airlines — 0.1% | Passenger Airlines — 0.1% |
| WestJet Loyalty LP, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 2/14/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498 | &nbsp;&nbsp;$487340 |
|  |  | &nbsp;&nbsp;**$487340** |
| Pharmaceuticals — 0.5% | Pharmaceuticals — 0.5% | Pharmaceuticals — 0.5% |
| Bausch Health Cos., Inc., Term Loan, 9.902%, (1 mo. USD Term SOFR + 6.25%), 10/8/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1394 | &nbsp;&nbsp;$1360647 |
| Endo Luxembourg Finance Co. I SARL, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 4/23/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;606 | &nbsp;&nbsp;&nbsp;&nbsp; 600556 |
| Padagis LLC, Term Loan, 8.689%, (3 mo. USD Term SOFR + 4.75%), 7/6/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp; 232138 |
|  |  | &nbsp;&nbsp;**$2193341** |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Professional Services — 0.9% | Professional Services — 0.9% | Professional Services — 0.9% |
| AAL Delaware Holdco, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 7/30/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522 | &nbsp;&nbsp;$524871 |
| CoreLogic, Inc., Term Loan, 7.267%, (1 mo. USD Term SOFR + 3.50%), 6/2/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596 | &nbsp;&nbsp;&nbsp;&nbsp; 585179 |
| EAB Global, Inc., Term Loan, 8/16/30<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221 | &nbsp;&nbsp;&nbsp;&nbsp; 196542 |
| Employbridge Holding Co.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.20%, (3 mo. USD Term SOFR + 5.50%), 1/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467 | &nbsp;&nbsp;&nbsp;&nbsp; 313815 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 8.711%, (3 mo. USD Term SOFR + 4.75%), 1/19/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735 | &nbsp;&nbsp;&nbsp;&nbsp; 138497 |
| First Advantage Holdings LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 10/31/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229 | &nbsp;&nbsp;&nbsp;&nbsp; 226594 |
| Grant Thornton Advisors LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 6/2/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679 | &nbsp;&nbsp;&nbsp;&nbsp; 659473 |
| Heritage Environmental Services, Inc., Term Loan, 6.677%, (3 mo. USD Term SOFR + 3.00%), 4/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 226125 |
| Heron Bidco, Term Loan, 7.70%, (3 mo. USD Term SOFR + 4.00%), 12/10/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 225703 |
| iSolved, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 10/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp; 237996 |
| Mermaid Bidco, Inc., Term Loan, 6.913%, (3 mo. USD Term SOFR + 3.25%), 7/3/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp; 437114 |
| Neptune Bidco U.S., Inc., Term Loan, 8.769%, (3 mo. USD Term SOFR + 5.00%), 2/3/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 471322 |
| Trans Union LLC, Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 6/24/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322 | &nbsp;&nbsp;&nbsp;&nbsp; 321948 |
|  |  | &nbsp;&nbsp;**$4565179** |
| Real Estate Management & Development — 0.2% | Real Estate Management & Development — 0.2% | Real Estate Management & Development — 0.2% |
| Cushman & Wakefield U.S. Borrower LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 1/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;433 | &nbsp;&nbsp;$435646 |
| Greystar Real Estate Partners LLC, Term Loan, 6.173%, (3 mo. USD Term SOFR + 2.50%), 8/21/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574 | &nbsp;&nbsp;&nbsp;&nbsp; 576148 |
|  |  | &nbsp;&nbsp;**$1011794** |
| Road & Rail — 0.2% | Road & Rail — 0.2% | Road & Rail — 0.2% |
| First Student Bidco, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 8/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394 | &nbsp;&nbsp;$395087 |
| &nbsp;&nbsp;&nbsp;Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 8/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72 | &nbsp;&nbsp;&nbsp;&nbsp; 72291 |
| Hertz Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.425%, (3 mo. USD Term SOFR + 3.50%), 6/30/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356 | &nbsp;&nbsp;&nbsp;&nbsp; 281186 |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.425%, (3 mo. USD Term SOFR + 3.50%), 6/30/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp; 55635 |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Road & Rail (continued) | Road & Rail (continued) | Road & Rail (continued) |
| Kenan Advantage Group, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394 | &nbsp;&nbsp;$393591 |
|  |  | &nbsp;&nbsp;**$1197790** |
| Software — 2.2% | Software — 2.2% | Software — 2.2% |
| Applied Systems, Inc., Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 2/24/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401 | &nbsp;&nbsp;$396614 |
| Boxer Parent Co., Inc., Term Loan, 6.673%, (3 mo. USD Term SOFR + 3.00%), 7/30/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779 | &nbsp;&nbsp;&nbsp;&nbsp; 723110 |
| Cloud Software Group, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 8/13/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796 | &nbsp;&nbsp;&nbsp;&nbsp; 738664 |
| Cloudera, Inc., Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 10/8/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537 | &nbsp;&nbsp;&nbsp;&nbsp; 484914 |
| Clover Holdings 2 LLC, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 12/9/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594 | &nbsp;&nbsp;&nbsp;&nbsp; 579892 |
| Dayforce, Inc., Term Loan, 6.663%, (3 mo. USD Term SOFR + 3.00%), 2/4/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 331056 |
| Delta TopCo, Inc., Term Loan, 11/30/29<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 386094 |
| Drake Software LLC, Term Loan, 7.95%, (3 mo. USD Term SOFR + 4.25%), 6/26/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307 | &nbsp;&nbsp;&nbsp;&nbsp; 290204 |
| Epicor Software Corp., Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/30/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776 | &nbsp;&nbsp;&nbsp;&nbsp; 766968 |
| Marcel LUX IV SARL, Term Loan, 6.64%, (1 mo. USD Term SOFR + 3.00%), 11/12/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;416 | &nbsp;&nbsp;&nbsp;&nbsp; 412556 |
| McAfee LLC, Term Loan, 6.652%, (1 mo. USD Term SOFR + 3.00%), 3/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669 | &nbsp;&nbsp;&nbsp;&nbsp; 590832 |
| OceanKey (U.S.) II Corp., Term Loan, 12/15/28<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 189972 |
| OID-OL Intermediate I LLC: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 8.063%, (3 mo. USD Term SOFR + 4.25%), 2/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp; 173398 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.663%, (3 mo. USD Term SOFR + 6.00%), 2/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp; 109695 |
| Open Text Corp., Term Loan, 5.402%, (1 mo. USD Term SOFR + 1.75%), 1/31/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412 | &nbsp;&nbsp;&nbsp;&nbsp; 402111 |
| Polaris Newco LLC, Term Loan, 7.925%, (3 mo. USD Term SOFR + 4.00%), 6/2/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455 | &nbsp;&nbsp;&nbsp;&nbsp; 398679 |
| Project Alpha Intermediate Holding, Inc., Term Loan, 6.95%, (3 mo. USD Term SOFR + 3.25%), 10/26/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298 | &nbsp;&nbsp;&nbsp;&nbsp; 235209 |
| Project Boost Purchaser LLC, Term Loan, 6.45%, (3 mo. USD Term SOFR + 2.75%), 7/16/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;496 | &nbsp;&nbsp;&nbsp;&nbsp; 487762 |
| Proofpoint, Inc., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/31/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp; 242545 |
| Quartz Acquireco LLC, Term Loan, 5.95%, (3 mo. USD Term SOFR + 2.25%), 6/28/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp; 188017 |
| RealPage, Inc., Term Loan, 6.961%, (3 mo. USD Term SOFR + 3.00%), 4/24/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449 | &nbsp;&nbsp;&nbsp;&nbsp; 440626 |

---

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Software (continued) | Software (continued) | Software (continued) |
| Sabre GLBL, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.752%, (1 mo. USD Term SOFR + 6.00%), 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277 | &nbsp;&nbsp;$227516 |
| &nbsp;&nbsp;&nbsp;Term Loan, 10.002%, (1 mo. USD Term SOFR + 6.25%), 7/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53 | &nbsp;&nbsp;&nbsp;&nbsp; 43404 |
| SkillSoft Corp., Term Loan, 9.017%, (1 mo. USD Term SOFR + 5.25%), 7/14/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383 | &nbsp;&nbsp;&nbsp;&nbsp; 211209 |
| SolarWinds Holdings, Inc., Term Loan, 7.674%, (3 mo. USD Term SOFR + 4.00%), 4/16/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395 | &nbsp;&nbsp;&nbsp;&nbsp; 337010 |
| UKG, Inc., Term Loan, 6.163%, (3 mo. USD Term SOFR + 2.50%), 2/10/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777 | &nbsp;&nbsp;&nbsp;&nbsp; 751477 |
| Vision Solutions, Inc., Term Loan, 7.925%, (3 mo. USD Term SOFR + 4.00%), 4/24/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;596 | &nbsp;&nbsp;&nbsp;&nbsp; 474384 |
|  |  | &nbsp;&nbsp;**$10613918** |
| Specialty Retail — 1.2% | Specialty Retail — 1.2% | Specialty Retail — 1.2% |
| EG America LLC, Term Loan, 2/10/31<sup>(16)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;$300675 |
| Evergreen Acqco 1 LP, Term Loan, 6.686%, (3 mo. USD Term SOFR + 3.00%), 9/17/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645 | &nbsp;&nbsp;&nbsp;&nbsp; 646448 |
| Great Outdoors Group LLC, Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 1/23/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695 | &nbsp;&nbsp;&nbsp;&nbsp; 699813 |
| Harbor Freight Tools USA, Inc., Term Loan, 5.902%, (1 mo. USD Term SOFR + 2.25%), 6/11/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538 | &nbsp;&nbsp;&nbsp;&nbsp; 538148 |
| Les Schwab Tire Centers, Term Loan, 6.173%, (3 mo. USD Term SOFR + 2.50%), 4/23/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561 | &nbsp;&nbsp;&nbsp;&nbsp; 562234 |
| Mavis Tire Express Services Corp., Term Loan, 6.669%, (6 mo. USD Term SOFR + 3.00%), 5/4/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391 | &nbsp;&nbsp;&nbsp;&nbsp; 392118 |
| Men's Wearhouse, Inc., Term Loan, 9.421%, (3 mo. USD Term SOFR + 5.75%), 1/28/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467 | &nbsp;&nbsp;&nbsp;&nbsp; 471817 |
| PetSmart, Inc., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 8/18/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1981 | &nbsp;&nbsp;&nbsp;&nbsp; 1991945 |
| Speedster Bidco GmbH, Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 12/11/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp; 337539 |
|  |  | &nbsp;&nbsp;**$5940737** |
| Technology Hardware, Storage & Peripherals — 0.1% | Technology Hardware, Storage & Peripherals — 0.1% | Technology Hardware, Storage & Peripherals — 0.1% |
| CompoSecure Holdings LLC, Term Loan, 5.918%, (1 mo. USD Term SOFR + 2.25%), 1/14/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465 | &nbsp;&nbsp;$466939 |
|  |  | &nbsp;&nbsp;**$466939** |
| Trading Companies & Distributors — 0.9% | Trading Companies & Distributors — 0.9% | Trading Companies & Distributors — 0.9% |
| BCPE Empire Holdings, Inc., Term Loan, 7.152%, (1 mo. USD Term SOFR + 3.50%), 12/29/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$400124 |
| CD&R Hydra Buyer, Inc., Term Loan, 7.752%, (1 mo. USD Term SOFR + 4.00%), 3/25/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp; 492266 |
| Core & Main LP, Term Loan, 5.654%, (1 mo. USD Term SOFR + 2.00%), 7/27/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;433 | &nbsp;&nbsp;&nbsp;&nbsp; 434259 |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Trading Companies & Distributors (continued) | Trading Companies & Distributors (continued) | Trading Companies & Distributors (continued) |
| DXP Enterprises, Inc., Term Loan, 6.902%, (1 mo. USD Term SOFR + 3.25%), 10/11/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299 | &nbsp;&nbsp;$301485 |
| Park River Holdings, Inc., Term Loan, 8.192%, (3 mo. USD Term SOFR + 4.50%), 3/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1192 | &nbsp;&nbsp;&nbsp;&nbsp; 1192412 |
| Spin Holdco, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.096%, (3 mo. USD Term SOFR + 5.43%), 9/4/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124 | &nbsp;&nbsp;&nbsp;&nbsp; 126556 |
| &nbsp;&nbsp;&nbsp;Term Loan - Second Lien, 7.928%, (3 mo. USD Term SOFR + 4.00%), 9/4/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312 | &nbsp;&nbsp;&nbsp;&nbsp; 220655 |
| White Cap Buyer LLC, Term Loan, 6.918%, (1 mo. USD Term SOFR + 3.25%), 10/19/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863 | &nbsp;&nbsp;&nbsp;&nbsp; 860046 |
| Windsor Holdings III LLC, Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 8/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;&nbsp;&nbsp; 596082 |
|  |  | &nbsp;&nbsp;**$4623885** |
| Transportation Infrastructure — 0.3% | Transportation Infrastructure — 0.3% | Transportation Infrastructure — 0.3% |
| Brown Group Holding LLC, Term Loan, 6.152% - 6.173%, (1 mo. USD Term SOFR + 2.50%, 3 mo. USD Term SOFR + 2.50%), 7/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;863 | &nbsp;&nbsp;$868423 |
| KKR Apple Bidco LLC, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 9/23/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;735 | &nbsp;&nbsp;&nbsp;&nbsp; 736505 |
|  |  | &nbsp;&nbsp;**$1604928** |
| Total Senior Floating-Rate Loans<br> (identified cost $146,410,410) |  | &nbsp;&nbsp;**$142202815** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Government Agency Mortgage-Backed Securities — 0.3%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Government National Mortgage Association, 5.50%, 12/20/55<sup>(19)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1656 | &nbsp;&nbsp;$1671156 |
| Total U.S. Government Agency Mortgage-Backed Securities<br> (identified cost $1,679,108) |  | &nbsp;&nbsp;**$1671156** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Miscellaneous — 0.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Energy — 0.0% | Energy — 0.0% | Energy — 0.0% |
| Enviva LLC, Escrow Certificates<sup>(7)(9)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;565000 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |

---

*20*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Entertainment — 0.0% | Entertainment — 0.0% | Entertainment — 0.0% |
| National CineMedia, Inc., Escrow Certificates<sup>(7)(9)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;333000 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Surface Transport — 0.0% | Surface Transport — 0.0% | Surface Transport — 0.0% |
| Hertz Corp., Escrow Certificates<sup>(7)(9)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;105000 | &nbsp;&nbsp;$0 |
|  |  | &nbsp;&nbsp;**$0** |
| Total Miscellaneous<br> (identified cost $0) |  | &nbsp;&nbsp;**$0** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 3.8%

Affiliated Fund — 3.6%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(20)</sup> | 17631191 | &nbsp;&nbsp;$17631191 |
| Total Affiliated Fund<br> (identified cost $17,631,191) |  | &nbsp;&nbsp;**$17631191** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Treasury Obligations — 0.2%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills, 0.00%, 6/4/26<sup>(19)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1070 | &nbsp;&nbsp;$1066371 |
| Total U.S. Treasury Obligations<br> (identified cost $1,066,387) |  | &nbsp;&nbsp;**$1066371** |
| Total Short-Term Investments<br> (identified cost $18,697,578) |  | &nbsp;&nbsp;**$18697562** |
| Total Investments — 99.8%<br> (identified cost $493,995,618) |  | &nbsp;&nbsp;**$493114868** |
| Less Unfunded Loan Commitments — (0.0)%<sup>†</sup> |  | &nbsp;&nbsp;**$(47279)** |
| Net Investments — 99.8%<br> (identified cost $493,948,339) |  | &nbsp;&nbsp;**$493067589** |
| Other Assets, Less Liabilities — 0.2% |  | &nbsp;&nbsp;**$1055623** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$494123212** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| \* | In U.S. dollars unless otherwise indicated. |

---

<sup>(1)</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 April 30, 2026, the aggregate value of these securities is $264,810,007 or 53.6% of the Fund's net assets.

<sup>(2)</sup> Variable rate security. The stated interest rate represents the rate in effect at April 30, 2026.

<sup>(3)</sup> When-issued security.

<sup>(4)</sup> Step coupon security. Interest rate represents the rate in effect at April 30, 2026.

<sup>(5)</sup> Weighted average fixed-rate coupon that changes/updates monthly. Rate shown is the rate at April 30, 2026.

<sup>(6)</sup> When-issued, variable rate security whose interest rate will be determined after April 30, 2026.

<sup>(7)</sup> Non-income producing security.

<sup>(8)</sup> Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

<sup>(9)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(10)</sup> Restricted security (see Note 8).

<sup>(11)</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 April 30, 2026, the aggregate value of these securities is $46,761,887 or 9.5% of the Fund's net assets.

<sup>(12)</sup> Represents a payment-in-kind security which may pay interest in additional principal at the issuer's discretion.

<sup>(13)</sup> Perpetual security with no stated maturity date but may be subject to calls by the issuer.

<sup>(14)</sup> Security converts to variable rate after the indicated fixed-rate coupon period.

<sup>(15)</sup> Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

<sup>(16)</sup> This Senior Loan will settle after April 30, 2026, at which time the interest rate will be determined.

<sup>(17)</sup> Unfunded or partially unfunded loan commitments. The stated interest rate reflects the reference rate and spread for the funded portion, if any. At April 30, 2026, the total value of unfunded loan commitments is $47,183. See Note 1G for description.

*21*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

<sup>(18)</sup> Issuer is in default with respect to interest and/or principal payments or has declared bankruptcy and is non-income producing. For a variable rate security, interest rate has been adjusted to reflect non-accrual status.

<sup>(19)</sup> Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts.

<sup>(20)</sup> May be deemed to be an affiliated investment company (see Note 11). The rate shown is the annualized seven-day yield as of April 30, 2026.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| EUR | &nbsp;&nbsp; 632628 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 740312 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$3643 | &nbsp;&nbsp;$— |
| EUR | &nbsp;&nbsp; 476275 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 554369 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 5718 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| GBP | &nbsp;&nbsp; 162760 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 218204 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 3255 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| GBP | &nbsp;&nbsp; 124455 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 167431 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 1909 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 384854 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 326913 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 413 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp;56999827 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;49242465 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (908102) |
| USD | &nbsp;&nbsp; 2272931 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1963744 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (36384) |
| USD | &nbsp;&nbsp; 609227 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 518304 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (286) |
| USD | &nbsp;&nbsp; 301864 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 261928 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6158) |
| USD | &nbsp;&nbsp;14374979 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;10757299 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (261886) |
| USD | &nbsp;&nbsp; 3575891 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 2676382 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (65715) |
| USD | &nbsp;&nbsp; 107762 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 80121 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1254) |
| USD | &nbsp;&nbsp; 167853 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 126454 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4205) |
| USD | &nbsp;&nbsp; 79505 | &nbsp;&nbsp;GBP | &nbsp;&nbsp; 58897 | &nbsp;&nbsp;State Street Bank and Trust Company | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (633) |
| USD | &nbsp;&nbsp; 257404 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 223302 | &nbsp;&nbsp;Deutsche Bank AG | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (5343) |
| USD | &nbsp;&nbsp; 402567 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 349267 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/30/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8395) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$14938** | &nbsp;&nbsp;**$(1298361)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Interest Rate Futures** |  |  |  |  |  |
| U.S. 10-Year Treasury Note | &nbsp;&nbsp;&nbsp;&nbsp;(131) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;$(14487781) | &nbsp;&nbsp;&nbsp;&nbsp;$329348 |
| U.S. Long Treasury Bond | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48) | &nbsp;&nbsp;&nbsp;&nbsp;Short | &nbsp;&nbsp;&nbsp;&nbsp;6/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5416501) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198287 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$527635** |

---

*22*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** | **Credit Default Swaps - Sell Protection (OTC)** |
| **Reference Entity** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<sup>(1)</sup> (000's omitted)** | &nbsp;&nbsp;**Contract Annual<br> Fixed Rate<sup>(2)</sup>** | &nbsp;&nbsp;**Current<br> Market<br> Annual<br> Fixed Rate<sup>(3)</sup>** | &nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unamortized<br> Upfront<br> Receipts<br> (Payments)** | &nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** |
| U.S. Land Banking | &nbsp;&nbsp;Goldman Sachs Bank USA | &nbsp;&nbsp;$1500 | &nbsp;&nbsp;5.50%<br> (pays monthly) | &nbsp;&nbsp;5.79% | &nbsp;&nbsp;10/10/29 | &nbsp;&nbsp;$(6675) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(6675) |
| U.S. Single Family Rental | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;1426 | &nbsp;&nbsp;7.85%<br> (pays monthly) | &nbsp;&nbsp;7.99 | &nbsp;&nbsp; 3/18/28 | &nbsp;&nbsp;&nbsp;&nbsp;14417 | &nbsp;&nbsp;&nbsp;&nbsp;944 | &nbsp;&nbsp;&nbsp;&nbsp;15361 |
| **Total** |  | &nbsp;&nbsp;**$2926** |  |  |  | &nbsp;&nbsp;**$7742** | &nbsp;&nbsp;**$944** | &nbsp;&nbsp;**$8686** |

---

<sup>(1)</sup> If the Fund is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Fund could be required to make if a credit event, as defined in the credit default swap agreement, were to occur. At April 30, 2026, such maximum potential amount for all open credit default swaps in which the Fund is the seller was $2,926,000.

<sup>(2)</sup> The contract annual fixed rate represents the fixed rate of interest received by the Fund (as a seller of protection) or paid by the Fund (as a buyer of protection) on the notional amount of the credit default swap contract.

<sup>(3)</sup> Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the market's perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit event involving the reference entity. A rate identified as "Defaulted" indicates a credit event has occurred for the reference entity.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| DIP | – Debtor In Possession |
| EURIBOR | – Euro Interbank Offered Rate |
| OTC | – Over-the-counter |
| PIK | – Payment In Kind |
| SOFR | – Secured Overnight Financing Rate |
| SONIA | – Sterling Overnight Interbank Average |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| USD | – United States Dollar |

---

*23*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $476,317,148) | &nbsp;&nbsp;$475436398 |
| Affiliated investments, at value (identified cost $17,631,191) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17631191 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415711 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475812 |
| &nbsp;&nbsp;&nbsp;OTC derivatives - forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880000 |
| Foreign currency, at value (identified cost $4,372,179) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4440991 |
| Interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5075479 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47386 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3141483 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273971 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14938 |
| Receivable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15361 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37348 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61883 |
| **Total assets** | &nbsp;&nbsp;**$507947952** |
| Liabilities |  |
| Payable for investments purchased | &nbsp;&nbsp;$9265443 |
| Payable for when-issued securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2378157 |
| Payable for Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285771 |
| Payable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38212 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1298361 |
| Payable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6675 |
| Upfront receipts on open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74307 |
| 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;220390 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8320 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3124 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2765 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61883 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180388 |
| **Total liabilities** | &nbsp;&nbsp;**$13824740** |
| **Net Assets** | &nbsp;&nbsp;**$494123212** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$744637034 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;(250513822) |
| **Net Assets** | &nbsp;&nbsp;**$494123212** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$32025092 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3307687 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.68 |
| **Maximum Offering Price Per Share<br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$10.01 |
| Class C Shares |  |
| **Net Assets** | &nbsp;&nbsp;$2095831 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216286 |
| **Net Asset Value and Offering Price Per Share\*<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.69 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited) — continued

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$134313997 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13836641 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.71 |
| Class R6 Shares |  |
| **Net Assets** | &nbsp;&nbsp;$325688292 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33563870 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$9.70 |

---

---

| | |
|:---|:---|
| On sales of $100,000 or more, the offering price of Class A shares is reduced. | On sales of $100,000 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. |

---

*25*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $109) | &nbsp;&nbsp;$617 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210188 |
| Interest income (net of foreign taxes withheld of $3,811) | &nbsp;&nbsp;&nbsp;&nbsp;17113611 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28746 |
| **Total investment income** | &nbsp;&nbsp;**$17353162** |
| Expenses |  |
| Investment adviser and administration fee | &nbsp;&nbsp;$1354658 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41028 |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10664 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14010 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134879 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51326 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71340 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9824 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28504 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20736 |
| **Total expenses** | &nbsp;&nbsp;**$1736969** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$8167 |
| **Total expense reductions** | &nbsp;&nbsp;**$8167** |
| **Net expenses** | &nbsp;&nbsp;**$1728802** |
| **Net investment income** | &nbsp;&nbsp;**$15624360** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$(2624933) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(384721) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(325574) |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1486) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659328 |
| **Net realized loss** | &nbsp;&nbsp;**$(2677386)** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$(3957445) |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803842 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16293) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92018 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1753707) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(4831585)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(7508971)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$8115389** |

---

*26*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$15624360 | &nbsp;&nbsp;$33651959 |
| &nbsp;&nbsp;&nbsp;Net realized loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2677386) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2816669) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4831585) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1167975 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$8115389** | &nbsp;&nbsp;**$32003265** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(1091706) | &nbsp;&nbsp;$(2387940) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(62923) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(161058) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4684184) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11267613) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11175622) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20965802) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(17014435)** | &nbsp;&nbsp;**$(34782413)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(1674118) | &nbsp;&nbsp;$(3714403) |
| &nbsp;&nbsp;&nbsp;Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(118238) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(648732) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2418889) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49990140) |
| &nbsp;&nbsp;&nbsp;Class R6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5334669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31121507 |
| **Net increase (decrease) in net assets from Fund share transactions** | &nbsp;&nbsp;**$1123424** | &nbsp;&nbsp;**$(23231768)** |
| **Net decrease in net assets** | &nbsp;&nbsp;**$(7775622)** | &nbsp;&nbsp;**$(26010916)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$501898834 | &nbsp;&nbsp;$527909750 |
| **At end of period** | &nbsp;&nbsp;**$494123212** | &nbsp;&nbsp;**$501898834** |

---

*27*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$9.86 | &nbsp;&nbsp;$9.90 | &nbsp;&nbsp;$9.50 | &nbsp;&nbsp;$9.40 | &nbsp;&nbsp;$10.68 | &nbsp;&nbsp;$10.21 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.29 | &nbsp;&nbsp;$0.64 | &nbsp;&nbsp;$0.69 | &nbsp;&nbsp;$0.64 | &nbsp;&nbsp;$0.47 | &nbsp;&nbsp;$0.39 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.29) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.14** | &nbsp;&nbsp;**$0.62** | &nbsp;&nbsp;**$1.13** | &nbsp;&nbsp;**$0.75** | &nbsp;&nbsp;**$(0.82)** | &nbsp;&nbsp;**$0.88** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.32) | &nbsp;&nbsp;$(0.66) | &nbsp;&nbsp;$(0.73) | &nbsp;&nbsp;$(0.65) | &nbsp;&nbsp;$(0.46) | &nbsp;&nbsp;$(0.41) |
| **Total distributions** | &nbsp;&nbsp;**$(0.32)** | &nbsp;&nbsp;**$(0.66)** | &nbsp;&nbsp;**$(0.73)** | &nbsp;&nbsp;**$(0.65)** | &nbsp;&nbsp;**$(0.46)** | &nbsp;&nbsp;**$(0.41)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.68** | &nbsp;&nbsp;**$9.86** | &nbsp;&nbsp;**$9.90** | &nbsp;&nbsp;**$9.50** | &nbsp;&nbsp;**$9.40** | &nbsp;&nbsp;**$10.68** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.46%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.47%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.23%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.13%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.80)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.73%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$32025 | &nbsp;&nbsp;$34295 | &nbsp;&nbsp;$38182 | &nbsp;&nbsp;$40738 | &nbsp;&nbsp;$44921 | &nbsp;&nbsp;$61518 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.97%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.96% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.09%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.47% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.03% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.63% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.70% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and administrator and sub-adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</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%, less than 0.005%, 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

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;**Class C** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$9.87 | &nbsp;&nbsp;$9.91 | &nbsp;&nbsp;$9.51 | &nbsp;&nbsp;$9.41 | &nbsp;&nbsp;$10.69 | &nbsp;&nbsp;$10.22 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.56 | &nbsp;&nbsp;$0.62 | &nbsp;&nbsp;$0.56 | &nbsp;&nbsp;$0.35 | &nbsp;&nbsp;$0.31 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;(0.01) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;(1.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.11** | &nbsp;&nbsp;**$0.55** | &nbsp;&nbsp;**$1.06** | &nbsp;&nbsp;**$0.68** | &nbsp;&nbsp;**$(0.89)** | &nbsp;&nbsp;**$0.80** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.29) | &nbsp;&nbsp;$(0.59) | &nbsp;&nbsp;$(0.66) | &nbsp;&nbsp;$(0.58) | &nbsp;&nbsp;$(0.39) | &nbsp;&nbsp;$(0.33) |
| **Total distributions** | &nbsp;&nbsp;**$(0.29)** | &nbsp;&nbsp;**$(0.59)** | &nbsp;&nbsp;**$(0.66)** | &nbsp;&nbsp;**$(0.58)** | &nbsp;&nbsp;**$(0.39)** | &nbsp;&nbsp;**$(0.33)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.69** | &nbsp;&nbsp;**$9.87** | &nbsp;&nbsp;**$9.91** | &nbsp;&nbsp;**$9.51** | &nbsp;&nbsp;**$9.41** | &nbsp;&nbsp;**$10.69** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.09%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.68%** | &nbsp;&nbsp;&nbsp;&nbsp;**11.39%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.32%** | &nbsp;&nbsp;&nbsp;&nbsp;**(8.48)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.92%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$2096 | &nbsp;&nbsp;$2253 | &nbsp;&nbsp;$2913 | &nbsp;&nbsp;$3870 | &nbsp;&nbsp;$8267 | &nbsp;&nbsp;$23956 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.72% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.72% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.70%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.72%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.71% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.34%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.73% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.29% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.47% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.95% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and administrator and sub-adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</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%, less than 0.005%, 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*29*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$9.88 | &nbsp;&nbsp;$9.93 | &nbsp;&nbsp;$9.53 | &nbsp;&nbsp;$9.43 | &nbsp;&nbsp;$10.71 | &nbsp;&nbsp;$10.24 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.31 | &nbsp;&nbsp;$0.66 | &nbsp;&nbsp;$0.72 | &nbsp;&nbsp;$0.66 | &nbsp;&nbsp;$0.46 | &nbsp;&nbsp;$0.42 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.25) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.49 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.16** | &nbsp;&nbsp;**$0.64** | &nbsp;&nbsp;**$1.16** | &nbsp;&nbsp;**$0.78** | &nbsp;&nbsp;**$(0.79)** | &nbsp;&nbsp;**$0.91** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.33) | &nbsp;&nbsp;$(0.69) | &nbsp;&nbsp;$(0.76) | &nbsp;&nbsp;$(0.68) | &nbsp;&nbsp;$(0.49) | &nbsp;&nbsp;$(0.44) |
| **Total distributions** | &nbsp;&nbsp;**$(0.33)** | &nbsp;&nbsp;**$(0.69)** | &nbsp;&nbsp;**$(0.76)** | &nbsp;&nbsp;**$(0.68)** | &nbsp;&nbsp;**$(0.49)** | &nbsp;&nbsp;**$(0.44)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.71** | &nbsp;&nbsp;**$9.88** | &nbsp;&nbsp;**$9.93** | &nbsp;&nbsp;**$9.53** | &nbsp;&nbsp;**$9.43** | &nbsp;&nbsp;**$10.71** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.70%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.63%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.49%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.40%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.53)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.99%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$134314 | &nbsp;&nbsp;$139191 | &nbsp;&nbsp;$190058 | &nbsp;&nbsp;$180663 | &nbsp;&nbsp;$205778 | &nbsp;&nbsp;$345990 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.70%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.72%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.71% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.34%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.73% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.88% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.56% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.93% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and administrator and sub-adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</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%, less than 0.005%, 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*30*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

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;**Class R6** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$9.88 | &nbsp;&nbsp;$9.93 | &nbsp;&nbsp;$9.52 | &nbsp;&nbsp;$9.42 | &nbsp;&nbsp;$10.71 | &nbsp;&nbsp;$10.23 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.31 | &nbsp;&nbsp;$0.67 | &nbsp;&nbsp;$0.72 | &nbsp;&nbsp;$0.67 | &nbsp;&nbsp;$0.48 | &nbsp;&nbsp;$0.42 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.28) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.51 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.16** | &nbsp;&nbsp;**$0.64** | &nbsp;&nbsp;**$1.17** | &nbsp;&nbsp;**$0.78** | &nbsp;&nbsp;**$(0.80)** | &nbsp;&nbsp;**$0.93** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.34) | &nbsp;&nbsp;$(0.69) | &nbsp;&nbsp;$(0.76) | &nbsp;&nbsp;$(0.68) | &nbsp;&nbsp;$(0.49) | &nbsp;&nbsp;$(0.45) |
| **Total distributions** | &nbsp;&nbsp;**$(0.34)** | &nbsp;&nbsp;**$(0.69)** | &nbsp;&nbsp;**$(0.76)** | &nbsp;&nbsp;**$(0.68)** | &nbsp;&nbsp;**$(0.49)** | &nbsp;&nbsp;**$(0.45)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$9.70** | &nbsp;&nbsp;**$9.88** | &nbsp;&nbsp;**$9.93** | &nbsp;&nbsp;**$9.52** | &nbsp;&nbsp;**$9.42** | &nbsp;&nbsp;**$10.71** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.61%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.67%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.66%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.44%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(7.58)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.13%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$325688 | &nbsp;&nbsp;$326160 | &nbsp;&nbsp;$296757 | &nbsp;&nbsp;$247781 | &nbsp;&nbsp;$143633 | &nbsp;&nbsp;$42319 |
| Ratios (as a percentage of average daily net assets):<sup>(4)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67%<sup>(5)(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.67%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.66%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.38%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.76% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.97% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.90% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and administrator and sub-adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Annualized.

<sup>(6)</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%, less than 0.005%, 0.01%, 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*31*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Multi-Asset Credit 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 total return. The Fund offers four classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class C shares are sold at net asset value and are generally subject to a contingent deferred sales charge (see Note 6). 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 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 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. Net investment income, other than class-specific expenses, is allocated daily to each class of shares based upon the ratio of the value of each class's paid shares to the total value of all paid shares. 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.

**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.**

**Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Senior Loans, for which a valuation is not available or deemed unreliable, are fair valued by the investment adviser utilizing one or more of the valuation techniques described below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan. If the investment adviser believes that there is a reasonable likelihood of full repayment, the investment adviser will determine fair value using a matrix pricing approach that considers the yield on the Senior Loan relative to yields on other Senior Loans issued by companies of comparable credit quality. If the investment adviser believes there is not a reasonable likelihood of full repayment, the investment adviser will determine fair value using analyses that include, but are not limited to: (i) a comparison of the value of the borrower's outstanding equity and debt to that of comparable public companies; (ii) a discounted cash flow analysis; or (iii) when the investment adviser believes it is likely that a borrower will be liquidated or sold, an analysis of the terms of such liquidation or sale. In certain cases, the investment adviser will use a combination of analytical methods to determine fair value, such as when only a portion of a borrower's assets are likely to be sold. In conducting its assessment and analyses for purposes of determining fair value of a Senior Loan, the investment adviser will use its discretion and judgment in considering and appraising relevant factors. Junior Loans (i.e., subordinated loans and second lien loans) are valued in the same manner as Senior Loans.**

**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 or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

**Derivatives. Futures contracts are valued at the closing settlement price established by the board of trade or exchange on which they are traded. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Fund's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service. Swaps are normally valued using valuations provided by a third party pricing service. Such pricing service valuations are based on the present value of fixed and projected floating rate cash flows over the term of the swap contract, and in the case of credit default swaps, based on credit spread quotations obtained from broker/dealers and expected default recovery rates determined by the pricing service using proprietary models. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.**

**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.**

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

**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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Fees in connection with investments in senior floating-rate loans may include amendment fees, consent fees and prepayment fees, which are recorded to income as earned

and included in Other income on the Statement of Operations. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. Withholding taxes on foreign interest and dividends have been provided for in accordance with the Fund's understanding of the applicable countries' tax rules and rates. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

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.

As of April 30, 2026, 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 Unfunded Loan Commitments—The Fund may enter into certain loan agreements all or a portion of which may be unfunded. The Fund is obligated to fund these commitments at the borrower's discretion. These commitments, if any, are disclosed in the accompanying Portfolio of Investments. At April 30, 2026, the Fund had sufficient cash and/or securities to cover these commitments.

H 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.

I 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.

J Forward Foreign Currency Exchange Contracts—The Fund may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

K Futures Contracts—Upon entering into a futures contract, the Fund is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Fund each business day, depending on the daily fluctuations in the value of the underlying security, and are recorded as unrealized gains or losses by the Fund. Gains (losses) are realized upon the expiration or closing of the futures contracts. Should market conditions change unexpectedly, the Fund may not achieve the anticipated benefits of the futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

L Credit Default Swaps—When the Fund is the buyer of a credit default swap contract, the Fund is entitled to receive the par (or other agreed-upon) value of a referenced debt obligation (or basket of debt obligations) from the counterparty (or central clearing party (CCP) in the case of a centrally cleared swap) to the contract if a credit event by a third party, such as a U.S. or foreign corporate issuer or sovereign issuer, on the debt obligation occurs. In return, the Fund pays the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Fund would have spent the stream of payments and received no proceeds from the contract. When the Fund is the seller of a credit default swap contract, it receives the stream of payments, but is obligated to pay to the buyer of the protection an amount up to the notional amount of the swap and in certain instances take delivery of securities of the reference entity upon the occurrence of a credit event, as defined under the terms of that particular swap agreement. Credit events are contract specific but may include bankruptcy, failure to pay, restructuring, obligation acceleration and repudiation/moratorium. If the Fund is a seller of protection and a credit event occurs, the maximum potential amount of future payments that the Fund could be required to make would be an amount equal to the notional amount of the agreement. This potential amount would be partially offset by any recovery value of the respective referenced obligation, or net amount received from the settlement of a buy protection credit default swap agreement entered into by the Fund for the same referenced obligation. As the seller, the Fund may create economic leverage to its portfolio because, in addition to its total net assets, the Fund is subject to investment exposure on the notional amount of the swap. The interest fee paid or received on the swap contract, which is based on a specified interest rate on a fixed notional amount, is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as realized gain upon receipt or realized loss upon payment. The Fund also records an increase or decrease to unrealized appreciation (depreciation) in an amount equal to the daily valuation. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. All upfront payments and receipts, if any, are amortized over the life of the swap contract as realized gains or losses. Those upfront payments or receipts for non-centrally cleared swaps are recorded as other assets or other liabilities, respectively, net of amortization. For financial reporting purposes, unamortized upfront payments or receipts, if any, are netted with unrealized appreciation or depreciation on swap contracts to determine the market value of swaps as presented in Notes 9 and 12. These transactions involve certain risks, including the risk that the seller may be unable to fulfill the transaction. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP.

M When-Issued Securities and Delayed Delivery Transactions—The Fund may purchase securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. The Fund maintains cash and/or security positions for these commitments such that sufficient liquid assets will be available to make payments upon settlement. Securities purchased on a delayed delivery or when-issued basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract.

N Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

O Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders and Income Tax Information

The Fund declares dividends daily to shareholders of record at the time of declaration. Distributions are generally paid monthly. Distributions of realized capital gains (if any) are made annually. 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.

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $243,512,780 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, can be carried forward for an unlimited period, and retain the same short-term or long-term character as when originally deferred. Of the deferred capital losses at October 31, 2025, $3,905,431 are short-term and $239,607,349 are long-term.

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Fund at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$494743589** |
| Gross unrealized appreciation | &nbsp;&nbsp;$8991911 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11415013) |
| **Net unrealized depreciation** | &nbsp;&nbsp;**$(2423102)** |

---

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 investment adviser and administration fee is computed at an annual rate as a percentage of the Fund's average daily net assets that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser and receive an advisory fee 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;0.550% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.530% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.510% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.500% |

---

For the six months ended April 30, 2026, the investment adviser and administration fee amounted to $1,354,658 or 0.55% (annualized) of the Fund's average daily net assets. Pursuant to an investment sub-advisory agreement, EVM has delegated a portion of the investment management of the Fund to Eaton Vance Advisers International Ltd. (EVAIL), an affiliate of EVM. EVM pays EVAIL a portion of its investment adviser and administration fee for sub-advisory services provided to the Fund.

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 six months ended April 30, 2026, the investment adviser and administration fee paid was reduced by $8,167 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 six months ended April 30, 2026, EVM earned $5,176 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 $549 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also received distribution and service fees from Class A and Class C shares (see Note 5) and contingent deferred sales charges (see Note 6).

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. Certain officers and Trustees of the Fund are officers of EVM.

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

4 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities, paydowns and principal repayments on Senior Loans, for the six months ended April 30, 2026 were as follows:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;&nbsp;&nbsp;**Sales** |
| Investments (non-U.S. Government) | &nbsp;&nbsp;&nbsp;&nbsp;$104618425 | &nbsp;&nbsp;&nbsp;&nbsp;$113774424 |
| U.S. Government and Agency Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1694557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2428253 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**$106312982** | &nbsp;&nbsp;&nbsp;&nbsp;**$116202677** |

---

5 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 six months ended April 30, 2026 amounted to $41,028 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 six months ended April 30, 2026, the Fund paid or accrued to EVD $7,998 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 six months ended April 30, 2026 amounted to $2,666 for Class C shares.

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

6 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 0.75% CDSC if redeemed within 12 months 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 six months ended April 30, 2026, the Fund was informed that EVD received no CDSCs paid by Class A and Class C shareholders.

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, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 33686 | &nbsp;&nbsp;&nbsp;&nbsp;$329634 | &nbsp;&nbsp;&nbsp;&nbsp; 249293 | &nbsp;&nbsp;&nbsp;&nbsp;$2455431 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 96607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 941823 | &nbsp;&nbsp;&nbsp;&nbsp; 208001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2051375 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (301793) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2945575) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (833394) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8221209) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(171500)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1674118)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(376100)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(3714403)** |

---

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Amount** |
| **Class C** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 2445 | &nbsp;&nbsp;&nbsp;&nbsp;$23816 | &nbsp;&nbsp;&nbsp;&nbsp; 55890 | &nbsp;&nbsp;&nbsp;&nbsp;$552351 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 6347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61917 | &nbsp;&nbsp;&nbsp;&nbsp; 16019 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158122 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20847) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (203971) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (137429) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1359205) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(12055)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(118238)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(65520)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(648732)** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 886481 | &nbsp;&nbsp;&nbsp;&nbsp;$8703479 | &nbsp;&nbsp;&nbsp;&nbsp;2582342 | &nbsp;&nbsp;&nbsp;&nbsp;$25564664 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 468955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4583979 | &nbsp;&nbsp;&nbsp;&nbsp;1104271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10920399 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(1602878) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15706347) | &nbsp;&nbsp;&nbsp;&nbsp;(8743176) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(86475203) |
| **Net decrease** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(247442)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(2418889)** | &nbsp;&nbsp;&nbsp;&nbsp;**(5056563)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(49990140)** |
| **Class R6** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp; 419900 | &nbsp;&nbsp;&nbsp;&nbsp;$4099234 | &nbsp;&nbsp;&nbsp;&nbsp;5205635 | &nbsp;&nbsp;&nbsp;&nbsp;$51462103 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp;1119293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10932868 | &nbsp;&nbsp;&nbsp;&nbsp;2071027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20469261 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (990452) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9697433) | &nbsp;&nbsp;&nbsp;&nbsp;(4158406) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40809857) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **548741** | &nbsp;&nbsp;&nbsp;&nbsp;**$5334669** | &nbsp;&nbsp;&nbsp;&nbsp;**3118256** | &nbsp;&nbsp;&nbsp;&nbsp;**$31121507** |

---

At April 30, 2026, donor advised and pooled income funds (established and maintained by a public charity) managed by EVM owned in the aggregate 15.2% of the value of the outstanding shares of the Fund.

8 Restricted Securities

At April 30, 2026, the Fund owned the following security (representing 0.2% of net assets) which was restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The value of restricted securities is determined based on valuations provided by brokers when available, or if not available, they are valued by the investment adviser as the Trustees' valuation designee.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Date(s) of<br> Acquisition** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Cost** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| **Common Stocks** |  |  |  |  |
| Enviva LLC | &nbsp;&nbsp;&nbsp;&nbsp;12/6/24 | &nbsp;&nbsp;&nbsp;&nbsp;13431 | &nbsp;&nbsp;&nbsp;&nbsp;$94823 | &nbsp;&nbsp;&nbsp;&nbsp;$271978 |
| **Total Common Stocks** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$94823** | &nbsp;&nbsp;&nbsp;&nbsp;**$271978** |
| **Convertible Preferred Stocks** |  |  |  |  |
| QXO, Inc., 4.75% | &nbsp;&nbsp;&nbsp;&nbsp;03/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; 88 | &nbsp;&nbsp;&nbsp;&nbsp;$880000 | &nbsp;&nbsp;&nbsp;&nbsp;$844891 |
| **Total Convertible Preferred Stocks** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$880000** | &nbsp;&nbsp;&nbsp;&nbsp;**$844891** |
| **Total Restricted Securities** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$974823** | &nbsp;&nbsp;&nbsp;&nbsp;**$1116869** |

---

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

9 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 forward foreign currency exchange contracts, futures contracts and swap contracts 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Fund is subject to the following risks:

Credit Risk: The Fund entered into credit default swap contracts to manage certain investment risks and/or to enhance total return or as a substitute for the purchase or sale of securities.

Foreign Exchange Risk: Because the Fund holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Fund entered into forward foreign currency exchange contracts.

Interest Rate Risk: The Fund entered into U.S. Treasury futures contracts to change the effective duration of its portfolio.

The Fund enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Fund's net assets below a certain level over a certain period of time, which would trigger a payment by the Fund for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $1,305,036. The aggregate fair value of assets pledged as collateral by the Fund for such liability was $3,415,185 at April 30, 2026.

The OTC derivatives in which the Fund invests (except for written swaptions as the Fund, not the counterparty, is obligated to perform) are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Fund has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Fund's net assets decline by a stated percentage or the Fund fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Fund of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Fund and/or counterparty is held in segregated accounts by the Fund's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Fund, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Fund as collateral, if any, are identified as such in the Portfolio of Investments.

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Accumulated loss<sup>(1)</sup> | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$527635 | &nbsp;&nbsp;$527635 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14938 |
| Receivable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;14417 | &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;14417 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$14417** | &nbsp;&nbsp;**$14938** | &nbsp;&nbsp;**$527635** | &nbsp;&nbsp;**$556990** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$527635** | &nbsp;&nbsp;**$527635** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$14417** | &nbsp;&nbsp;**$14938** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$29355** |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(1298361) | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(1298361) |
| Payable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6675) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6675) |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$(6675)** | &nbsp;&nbsp;**$(1298361)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(1305036)** |

---

<sup>(1)</sup> Only the current day's variation margin on open futures contracts is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open futures contracts, as applicable.

The Fund's derivative assets at fair value by risk, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following table presents the Fund's derivative assets by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Fund for such assets as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$413 | &nbsp;&nbsp;&nbsp;$(413) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;18060 | &nbsp;&nbsp;&nbsp;&nbsp;(13854) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;4206 |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;&nbsp;10882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7077) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;3805 |
|  | &nbsp;&nbsp;&nbsp;**$29355** | &nbsp;&nbsp;&nbsp;**$(21344)** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$8011** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$(1169988) | &nbsp;&nbsp;&nbsp;$413 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$880000 | &nbsp;&nbsp;&nbsp;$(289575) |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(102099) | &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;(102099) |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5343) | &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;(5343) |
| Goldman Sachs Bank USA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6675) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;6675 | &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; — |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13854) | &nbsp;&nbsp;&nbsp;&nbsp;13854 | &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; — |

---

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** |
| State Street Bank and Trust Company | &nbsp;&nbsp;&nbsp;$(7077) | &nbsp;&nbsp;&nbsp;$7077 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
|  | &nbsp;&nbsp;&nbsp;**$(1305036)** | &nbsp;&nbsp;&nbsp;**$21344** | &nbsp;&nbsp;&nbsp;**$6675** | &nbsp;&nbsp;&nbsp;**$880000** | &nbsp;&nbsp;&nbsp;**$(397017)** |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Statement of Operations Caption** | &nbsp;&nbsp;**Credit** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(384721) | &nbsp;&nbsp;$(384721) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;(325574) | &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;(325574) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659328 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;659328 |
| **Total** | &nbsp;&nbsp;**$(325574)** | &nbsp;&nbsp;**$659328** | &nbsp;&nbsp;**$(384721)** | &nbsp;&nbsp;**$(50967)** |
| Change in unrealized appreciation (depreciation): |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$803842 | &nbsp;&nbsp;$803842 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16293) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16293) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1753707) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(1753707) |
| **Total** | &nbsp;&nbsp;**$(16293)** | &nbsp;&nbsp;**$(1753707)** | &nbsp;&nbsp;**$803842** | &nbsp;&nbsp;**$(966158)** |

---

The average notional cost of futures contracts and average notional amounts of other derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | | |
|:---|:---|:---|
| **Futures<br> Contracts — Short** | &nbsp;&nbsp;&nbsp;&nbsp;**Forward<br> Foreign Currency<br> Exchange Contracts<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $21015000 | &nbsp;&nbsp;&nbsp;&nbsp;$82044000 | &nbsp;&nbsp;&nbsp;&nbsp;$4529000 |

---

<sup>(1)</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

10 Line of Credit

The Fund participates with other portfolios and funds managed by EVM and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. 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 generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $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 had no borrowings pursuant to its line of credit during the six months ended April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

11 Affiliated Investments

At April 30, 2026, the value of the Fund's investment in funds that may be deemed to be affiliated was $17,631,191, which represents 3.6% of the Fund's net assets. Transactions in such investments by the Fund for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $12545504 | $92127529 | $(87041842) | $— | $— | $17631191 | $210188 | 17631191 |

---

12 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 April 30, 2026, the hierarchy of inputs used in valuing the Fund's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Asset-Backed Securities | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$57744349 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$57744349 |
| Collateralized Mortgage Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38562742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38562742 |
| Commercial Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17491754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17491754 |
| Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 182398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 504338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1342601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2029337 |
| Convertible Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2072086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2072086 |
| Convertible Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 844891 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 844891 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211654274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211654274 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 143902 |
| Senior Floating-Rate Loans (Less Unfunded Loan Commitments) | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140511080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1644456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142155536 |
| U.S. Government Agency Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1671156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1671156 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp;17631191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17631191 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1066371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1066371 |
| **Total Investments** | &nbsp;&nbsp;**$17813589** | &nbsp;&nbsp;&nbsp;&nbsp;**$471349978** | &nbsp;&nbsp;&nbsp;&nbsp;**$3904022** | &nbsp;&nbsp;&nbsp;&nbsp;**$493067589** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$14938 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$14938 |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; 527635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 527635 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14417 |
| **Total** | &nbsp;&nbsp;**$18341224** | &nbsp;&nbsp;&nbsp;&nbsp;**$471379333** | &nbsp;&nbsp;&nbsp;&nbsp;**$3904022** | &nbsp;&nbsp;&nbsp;&nbsp;**$493624579** |

---

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

Eaton Vance

Multi-Asset Credit Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Liability Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1298361) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(1298361) |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6675) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6675) |
| **Total** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1305036)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1305036)** |

---

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

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 six months ended April 30, 2026 is not presented.

13 Risks and Uncertainties

#### Credit Risk
Investments in debt obligations rated below investment grade and comparable unrated securities, including loans, have greater credit risk than investment grade securities. Changes in economic conditions or other circumstances are more likely to reduce the capacity of issuers of these securities to make principal and interest payments. Such companies are more likely to default on their payments of interest and principal owed than issuers of investment grade bonds. An economic downturn generally leads to a higher non-payment rate, and a loan or other debt obligation may lose significant value before a default occurs.

------

[**Table of Contents**](#JOB_EV_AR_81669e98-2655-49d0-b6fd-5d20a5f37b9d_TOC)

EAAMX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Short Duration High Income Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804img0749a46f1.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Short Duration High Income Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_6de63916-2ff5-48e8-9f2e-752776564fa5_1)** |  |
| [Items 6 and 7 of Form N-CSR:](#xx_2d441279-5895-4227-8078-de38488f4071_1) | [Items 6 and 7 of Form N-CSR:](#xx_2d441279-5895-4227-8078-de38488f4071_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_2d441279-5895-4227-8078-de38488f4071_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_511d4f35-9167-4eaf-9d0c-45c30e65a782_1) | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_511d4f35-9167-4eaf-9d0c-45c30e65a782_2) | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_511d4f35-9167-4eaf-9d0c-45c30e65a782_3) | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_46aea235-b57d-4308-8291-b9843dfee382_1) | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_368f1baa-2ee5-4a64-8f04-902fc336a3d7_1) | 13 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Portfolio of Investments (Unaudited)

------

Common Stocks — 0.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Healthcare — 0.0%<sup>†</sup> | Healthcare — 0.0%<sup>†</sup> | Healthcare — 0.0%<sup>†</sup> |
| Keenova Therapeutics PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;$2873 |
| Par Health, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32 | &nbsp;&nbsp;&nbsp;&nbsp; 129 |
|  |  | &nbsp;&nbsp;**$3002** |
| Paper — 0.1% | Paper — 0.1% | Paper — 0.1% |
| Enviva LLC<sup>(1)(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6489 | &nbsp;&nbsp;$131402 |
|  |  | &nbsp;&nbsp;**$131402** |
| Total Common Stocks<br> (identified cost $39,500) |  | &nbsp;&nbsp;**$134404** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Bonds — 1.2%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount\* (000's omitted)** | **Principal<br> Amount\* (000's omitted)** | &nbsp;&nbsp;**Value** |
| Homebuilders & Real Estate — 0.4% | Homebuilders & Real Estate — 0.4% | Homebuilders & Real Estate — 0.4% | Homebuilders & Real Estate — 0.4% |
| Pebblebrook Hotel Trust, 1.75%, 12/15/26 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;$418725 |
|  |  |  | &nbsp;&nbsp;**$418725** |
| Super Retail — 0.5% | Super Retail — 0.5% | Super Retail — 0.5% | Super Retail — 0.5% |
| Delivery Hero SE, 1.50%, 1/15/28<sup>(3)</sup> | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$443007 |
|  |  |  | &nbsp;&nbsp;**$443007** |
| Technology — 0.3% | Technology — 0.3% | Technology — 0.3% | Technology — 0.3% |
| Zscaler, Inc., 0.00%, 7/15/28<sup>(4)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;$236470 |
|  |  |  | &nbsp;&nbsp;**$236470** |
| Total Convertible Bonds<br> (identified cost $1,050,301) |  |  | &nbsp;&nbsp;**$1098202** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Corporate Bonds — 84.9%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace — 2.2% | Aerospace — 2.2% | Aerospace — 2.2% |
| AAR Escrow Issuer LLC, 6.75%, 3/15/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510 | &nbsp;&nbsp;$525750 |
| Axon Enterprise, Inc., 6.125%, 3/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 153752 |
| BWX Technologies, Inc., 4.125%, 4/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 194988 |
| Science Applications International Corp., 4.875%, 4/1/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 496948 |
| TransDigm, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 1/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 493777 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Aerospace (continued) | Aerospace (continued) | Aerospace (continued) |
| TransDigm, Inc.: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 3/1/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;$102121 |
|  |  | &nbsp;&nbsp;**$1967336** |
| Air Transportation — 0.9% | Air Transportation — 0.9% | Air Transportation — 0.9% |
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;7.875%, 5/1/27<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;$300302 |
| &nbsp;&nbsp;&nbsp;9.50%, 6/1/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516 | &nbsp;&nbsp;&nbsp;&nbsp; 522071 |
|  |  | &nbsp;&nbsp;**$822373** |
| Automotive & Auto Parts — 1.4% | Automotive & Auto Parts — 1.4% | Automotive & Auto Parts — 1.4% |
| Belron U.K. Finance PLC, 5.75%, 10/15/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824 | &nbsp;&nbsp;$832793 |
| Champions Financing, Inc., 8.75%, 2/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98 | &nbsp;&nbsp;&nbsp;&nbsp; 95428 |
| Cooper-Standard Automotive, Inc., 9.25%, 3/1/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 192310 |
| Realtruck Group, Inc., 6.25%, 7/31/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304 | &nbsp;&nbsp;&nbsp;&nbsp; 114075 |
|  |  | &nbsp;&nbsp;**$1234606** |
| Broadcasting — 1.4% | Broadcasting — 1.4% | Broadcasting — 1.4% |
| Sirius XM Radio LLC, 4.00%, 7/15/28<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;$631577 |
| Starz Capital Holdings 1, Inc., 6.00%, 4/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp; 397425 |
| Univision Communications, Inc., 4.50%, 5/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp; 243473 |
|  |  | &nbsp;&nbsp;**$1272475** |
| Building Materials — 2.8% | Building Materials — 2.8% | Building Materials — 2.8% |
| Builders FirstSource, Inc., 5.00%, 3/1/30<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$391729 |
| CP Atlas Buyer, Inc., 9.75%, 7/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410 | &nbsp;&nbsp;&nbsp;&nbsp; 381504 |
| James Hardie International Finance DAC, 5.00%, 1/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 598582 |
| Park River Holdings, Inc., 8.75%, 12/31/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp; 73835 |
| Smyrna Ready Mix Concrete LLC, 6.00%, 11/1/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412 | &nbsp;&nbsp;&nbsp;&nbsp; 411954 |
| Standard Industries, Inc., 4.375%, 7/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 716512 |
|  |  | &nbsp;&nbsp;**$2574116** |
| Cable & Satellite TV — 3.8% | Cable & Satellite TV — 3.8% | Cable & Satellite TV — 3.8% |
| CCO Holdings LLC/CCO Holdings Capital Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 2/1/28<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$988798 |
| &nbsp;&nbsp;&nbsp;5.125%, 5/1/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp; 204873 |
| Directv Financing LLC/Directv Financing Co-Obligor, Inc., 5.875%, 8/15/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;&nbsp;&nbsp; 597816 |
| DISH Network Corp., 11.75%, 11/15/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1032995 |
| Versant Media Group, Inc., 7.25%, 1/30/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590 | &nbsp;&nbsp;&nbsp;&nbsp; 612865 |
|  |  | &nbsp;&nbsp;**$3437347** |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Capital Goods — 3.6% | Capital Goods — 3.6% | Capital Goods — 3.6% |
| Calderys Financing II LLC, 11.75%, (11.75% cash or 12.50% PIK), 6/1/28<sup>(4)(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510 | &nbsp;&nbsp;$518030 |
| Calderys Financing LLC, 11.25%, 6/1/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 412120 |
| EnerSys, 4.375%, 12/15/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 592684 |
| ESAB Corp., 6.25%, 4/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369 | &nbsp;&nbsp;&nbsp;&nbsp; 374335 |
| New Flyer Holdings, Inc., 9.25%, 7/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 215938 |
| Patrick Industries, Inc., 4.75%, 5/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 295981 |
| VoltaGrid LLC, 7.375%, 11/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848 | &nbsp;&nbsp;&nbsp;&nbsp; 880552 |
|  |  | &nbsp;&nbsp;**$3289640** |
| Chemicals — 2.4% | Chemicals — 2.4% | Chemicals — 2.4% |
| Axalta Coating Systems LLC, 3.375%, 2/15/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$476425 |
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, 4.75%, 6/15/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 398443 |
| Celanese U.S. Holdings LLC, 6.85%, 11/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156 | &nbsp;&nbsp;&nbsp;&nbsp; 163270 |
| Compass Minerals International, Inc., 8.00%, 7/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363 | &nbsp;&nbsp;&nbsp;&nbsp; 379158 |
| Olympus Water U.S. Holding Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 10/1/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 486700 |
| &nbsp;&nbsp;&nbsp;7.25%, 6/15/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 251676 |
|  |  | &nbsp;&nbsp;**$2155672** |
| Consumer Products — 0.9% | Consumer Products — 0.9% | Consumer Products — 0.9% |
| Spectrum Brands, Inc., 3.875%, 3/15/31<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;940 | &nbsp;&nbsp;$827034 |
|  |  | &nbsp;&nbsp;**$827034** |
| Containers — 1.1% | Containers — 1.1% | Containers — 1.1% |
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC, 4.00%, 9/1/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;$447709 |
| Clydesdale Acquisition Holdings, Inc., 8.75%, 4/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464 | &nbsp;&nbsp;&nbsp;&nbsp; 421271 |
| Toucan FinCo Ltd./Toucan FinCo Can, Inc./Toucan FinCo U.S. LLC, 9.50%, 5/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171 | &nbsp;&nbsp;&nbsp;&nbsp; 149987 |
|  |  | &nbsp;&nbsp;**$1018967** |
| Diversified Financial Services — 4.7% | Diversified Financial Services — 4.7% | Diversified Financial Services — 4.7% |
| APH Somerset Investor 2 LLC/APH2 Somerset Investor 2 LLC/APH3 Somerset Investor 2 LLC, 7.875%, 11/1/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;$455378 |
| Azorra Finance Ltd., 7.25%, 1/15/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174 | &nbsp;&nbsp;&nbsp;&nbsp; 178358 |
| Block, Inc., 5.625%, 8/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 180283 |
| Burford Capital Global Finance LLC, 6.25%, 4/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 195095 |
| Diebold Nixdorf, Inc., 7.75%, 3/31/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 526483 |
| Hightower Holding LLC, 6.75%, 4/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1033 | &nbsp;&nbsp;&nbsp;&nbsp; 1032061 |
| Phoenix Aviation Capital Ltd., 9.25%, 7/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351 | &nbsp;&nbsp;&nbsp;&nbsp; 358511 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 2.875%, 10/15/26<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542 | &nbsp;&nbsp;&nbsp;&nbsp; 538655 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Diversified Financial Services (continued) | Diversified Financial Services (continued) | Diversified Financial Services (continued) |
| Stonebriar ABF Issuer LLC, 8.125%, 12/15/30<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;$246971 |
| United Wholesale Mortgage LLC, 5.50%, 4/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 262586 |
| UWM Holdings LLC: |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 3/15/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242 | &nbsp;&nbsp;&nbsp;&nbsp; 224589 |
| &nbsp;&nbsp;&nbsp;6.625%, 2/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81 | &nbsp;&nbsp;&nbsp;&nbsp; 77801 |
|  |  | &nbsp;&nbsp;**$4276771** |
| Diversified Media — 1.5% | Diversified Media — 1.5% | Diversified Media — 1.5% |
| Arches Buyer, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 6/1/28<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$195871 |
| &nbsp;&nbsp;&nbsp;6.125%, 12/1/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 194612 |
| Cars.com, Inc., 6.375%, 11/1/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 181989 |
| Clear Channel Outdoor Holdings, Inc., 7.875%, 4/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378 | &nbsp;&nbsp;&nbsp;&nbsp; 393813 |
| Stagwell Global LLC, 5.625%, 8/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388 | &nbsp;&nbsp;&nbsp;&nbsp; 369333 |
|  |  | &nbsp;&nbsp;**$1335618** |
| Energy — 7.4% | Energy — 7.4% | Energy — 7.4% |
| Aethon United BR LP/Aethon United Finance Corp., 7.50%, 10/1/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;$444175 |
| Buckeye Partners LP, 4.125%, 12/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 344270 |
| DBR Land Holdings LLC, 6.25%, 12/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp; 169010 |
| Global Partners LP/GLP Finance Corp., 6.875%, 1/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 403895 |
| Hess Midstream Operations LP, 5.875%, 3/1/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;781 | &nbsp;&nbsp;&nbsp;&nbsp; 789101 |
| NGL Energy Operating LLC/NGL Energy Finance Corp., 8.125%, 2/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237 | &nbsp;&nbsp;&nbsp;&nbsp; 245784 |
| Sunoco LP: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 5/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479 | &nbsp;&nbsp;&nbsp;&nbsp; 466083 |
| &nbsp;&nbsp;&nbsp;7.00%, 5/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 516591 |
| Venture Global Calcasieu Pass LLC, 3.875%, 8/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 958479 |
| Venture Global LNG, Inc., 9.50%, 2/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1590 | &nbsp;&nbsp;&nbsp;&nbsp; 1735965 |
| WBI Operating LLC, 6.25%, 10/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645 | &nbsp;&nbsp;&nbsp;&nbsp; 654324 |
|  |  | &nbsp;&nbsp;**$6727677** |
| Entertainment & Film — 0.9% | Entertainment & Film — 0.9% | Entertainment & Film — 0.9% |
| Cinemark USA, Inc., 5.25%, 7/15/28<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444 | &nbsp;&nbsp;$442574 |
| Live Nation Entertainment, Inc., 3.75%, 1/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 392550 |
|  |  | &nbsp;&nbsp;**$835124** |
| Environmental — 0.8% | Environmental — 0.8% | Environmental — 0.8% |
| GFL Environmental, Inc., 4.00%, 8/1/28<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761 | &nbsp;&nbsp;$744240 |
|  |  | &nbsp;&nbsp;**$744240** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Food & Drug Retail — 0.4% | Food & Drug Retail — 0.4% | Food & Drug Retail — 0.4% |
| Murphy Oil USA, Inc., 5.625%, 5/1/27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$400923 |
|  |  | &nbsp;&nbsp;**$400923** |
| Food, Beverage & Tobacco — 0.8% | Food, Beverage & Tobacco — 0.8% | Food, Beverage & Tobacco — 0.8% |
| Darling Ingredients, Inc., 5.25%, 4/15/27<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;$299970 |
| Primo Water Holdings, Inc./Triton Water Holdings, Inc., 6.25%, 4/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224 | &nbsp;&nbsp;&nbsp;&nbsp; 224428 |
| U.S. Foods, Inc., 6.875%, 9/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 235145 |
|  |  | &nbsp;&nbsp;**$759543** |
| Gaming — 3.5% | Gaming — 3.5% | Gaming — 3.5% |
| Allwyn Entertainment Financing U.K. PLC, 7.875%, 4/30/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$206039 |
| Brightstar Lottery PLC, 5.25%, 1/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 199235 |
| Caesars Entertainment, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 10/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp; 169012 |
| &nbsp;&nbsp;&nbsp;7.00%, 2/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 243798 |
| Churchill Downs, Inc., 5.50%, 4/1/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 699739 |
| Great Canadian Gaming Corp./Raptor LLC, 8.75%, 11/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 317046 |
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC, 8.25%, 4/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 416576 |
| Ontario Gaming GTA LP/OTG Co-Issuer, Inc., 8.00%, 8/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;&nbsp;&nbsp; 375720 |
| Rivers Enterprise Borrower LLC, 6.25%, 10/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43 | &nbsp;&nbsp;&nbsp;&nbsp; 43763 |
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 5/15/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 501574 |
|  |  | &nbsp;&nbsp;**$3172502** |
| Healthcare — 6.9% | Healthcare — 6.9% | Healthcare — 6.9% |
| Acadia Healthcare Co., Inc., 5.00%, 4/15/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$391670 |
| athenahealth Group, Inc., 6.50%, 2/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410 | &nbsp;&nbsp;&nbsp;&nbsp; 391096 |
| Avantor Funding, Inc., 4.625%, 7/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 986216 |
| Fortrea Holdings, Inc., 7.50%, 7/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187 | &nbsp;&nbsp;&nbsp;&nbsp; 182192 |
| Heartland Dental LLC/Heartland Dental Finance Corp., 10.50%, 4/30/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357 | &nbsp;&nbsp;&nbsp;&nbsp; 367467 |
| IQVIA, Inc., 5.00%, 10/15/26<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 500211 |
| LifePoint Health, Inc., 5.375%, 1/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 241270 |
| Medline Borrower LP, 5.25%, 10/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419 | &nbsp;&nbsp;&nbsp;&nbsp; 417220 |
| Molina Healthcare, Inc., 3.875%, 11/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 463646 |
| National Mentor Holdings, Inc., 10.50%, 12/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 345416 |
| Perrigo Finance Unlimited Co., 5.15%, 6/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 237256 |
| Team Health Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;8.375%, 6/30/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390 | &nbsp;&nbsp;&nbsp;&nbsp; 391619 |
| &nbsp;&nbsp;&nbsp;13.50%, (9.00% cash and 4.50% PIK), 6/30/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336 | &nbsp;&nbsp;&nbsp;&nbsp; 353388 |
| Tenet Healthcare Corp., 4.625%, 6/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345 | &nbsp;&nbsp;&nbsp;&nbsp; 342549 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Healthcare (continued) | Healthcare (continued) | Healthcare (continued) |
| Teva Pharmaceutical Finance Netherlands III BV, 3.15%, 10/1/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393 | &nbsp;&nbsp;$390366 |
| U.S. Acute Care Solutions LLC, 9.75%, 5/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324 | &nbsp;&nbsp;&nbsp;&nbsp; 306597 |
|  |  | &nbsp;&nbsp;**$6308179** |
| Homebuilders & Real Estate — 7.1% | Homebuilders & Real Estate — 7.1% | Homebuilders & Real Estate — 7.1% |
| Ashton Woods USA LLC/Ashton Woods Finance Co., 4.625%, 4/1/30<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$381128 |
| Brookfield Residential Properties, Inc./Brookfield Residential U.S. LLC, 5.00%, 6/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 337405 |
| Cushman & Wakefield U.S. Borrower LLC, 6.75%, 5/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454 | &nbsp;&nbsp;&nbsp;&nbsp; 454296 |
| Global Net Lease, Inc./Global Net Lease Operating Partnership LP, 3.75%, 12/15/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 489036 |
| HAT Holdings I LLC/HAT Holdings II LLC, 3.375%, 6/15/26<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp; 73851 |
| Iron Mountain, Inc., 5.25%, 3/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454 | &nbsp;&nbsp;&nbsp;&nbsp; 453798 |
| K Hovnanian Enterprises, Inc., 8.00%, 4/1/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 403704 |
| LGI Homes, Inc., 4.00%, 7/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 454018 |
| Outfront Media Capital LLC/Outfront Media Capital Corp., 5.00%, 8/15/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 749357 |
| Risewell Homes, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 11/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp;&nbsp;&nbsp; 201526 |
| &nbsp;&nbsp;&nbsp;9.25%, 10/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283 | &nbsp;&nbsp;&nbsp;&nbsp; 293995 |
| RLJ Lodging Trust LP, 3.75%, 7/1/26<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 673798 |
| SBA Communications Corp., 3.875%, 2/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 994370 |
| Taylor Morrison Communities, Inc., 5.75%, 1/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 504915 |
|  |  | &nbsp;&nbsp;**$6465197** |
| Insurance — 1.4% | Insurance — 1.4% | Insurance — 1.4% |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 10/15/27<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;$886674 |
| &nbsp;&nbsp;&nbsp;6.75%, 10/15/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19 | &nbsp;&nbsp;&nbsp;&nbsp; 18998 |
| AmWINS Group, Inc., 4.875%, 6/30/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 387116 |
|  |  | &nbsp;&nbsp;**$1292788** |
| Leisure — 1.1% | Leisure — 1.1% | Leisure — 1.1% |
| Motion Bondco DAC, 6.625%, 11/15/27<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;$384227 |
| Speedway Motorsports LLC/Speedway Funding II, Inc., 4.875%, 11/1/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622 | &nbsp;&nbsp;&nbsp;&nbsp; 620591 |
|  |  | &nbsp;&nbsp;**$1004818** |
| Metals & Mining — 0.6% | Metals & Mining — 0.6% | Metals & Mining — 0.6% |
| Arsenal AIC Parent LLC, 11.50%, 10/1/31<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291 | &nbsp;&nbsp;$315170 |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Metals & Mining (continued) | Metals & Mining (continued) | Metals & Mining (continued) |
| Constellium SE, 3.75%, 4/15/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;$260566 |
|  |  | &nbsp;&nbsp;**$575736** |
| Publishing & Printing — 0.5% | Publishing & Printing — 0.5% | Publishing & Printing — 0.5% |
| McGraw-Hill Education, Inc., 5.75%, 8/1/28<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504 | &nbsp;&nbsp;$500529 |
|  |  | &nbsp;&nbsp;**$500529** |
| Restaurant — 0.7% | Restaurant — 0.7% | Restaurant — 0.7% |
| 1011778 BC ULC/New Red Finance, Inc., 3.875%, 1/15/28<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;654 | &nbsp;&nbsp;$642191 |
|  |  | &nbsp;&nbsp;**$642191** |
| Services — 6.3% | Services — 6.3% | Services — 6.3% |
| Allied Universal Holdco LLC/Allied Universal Finance Corp., 6.00%, 6/1/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;$312824 |
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL: |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 6/1/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 197168 |
| &nbsp;&nbsp;&nbsp;4.625%, 6/1/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 986407 |
| APi Group DE, Inc., 4.75%, 10/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 492294 |
| Herc Holdings, Inc., 7.00%, 6/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 260245 |
| Ingram Micro, Inc., 4.75%, 5/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 442553 |
| Korn Ferry, 4.625%, 12/15/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;664 | &nbsp;&nbsp;&nbsp;&nbsp; 660247 |
| Neptune Bidco U.S., Inc., 9.29%, 4/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp; 546582 |
| RB Global Holdings, Inc., 6.75%, 3/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 253702 |
| Specialty Building Products Holdings LLC/SBP Finance Corp., 7.75%, 10/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469 | &nbsp;&nbsp;&nbsp;&nbsp; 414378 |
| Synergy Infrastructure Holdings LLC, 7.875%, 12/1/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 199957 |
| TKC Holdings, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 8/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 291912 |
| &nbsp;&nbsp;&nbsp;12.00%, 2/15/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 62570 |
| WESCO Distribution, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 4/15/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 60113 |
| &nbsp;&nbsp;&nbsp;6.375%, 3/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131 | &nbsp;&nbsp;&nbsp;&nbsp; 133743 |
| White Cap Supply Holdings LLC, 7.375%, 11/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419 | &nbsp;&nbsp;&nbsp;&nbsp; 423981 |
|  |  | &nbsp;&nbsp;**$5738676** |
| Steel — 0.7% | Steel — 0.7% | Steel — 0.7% |
| Big River Steel LLC/BRS Finance Corp., 6.625%, 1/31/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;$350549 |
| TMS International Corp., 6.25%, 4/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258 | &nbsp;&nbsp;&nbsp;&nbsp; 253156 |
|  |  | &nbsp;&nbsp;**$603705** |
| Super Retail — 5.0% | Super Retail — 5.0% | Super Retail — 5.0% |
| Asbury Automotive Group, Inc., 4.50%, 3/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;$356651 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Super Retail (continued) | Super Retail (continued) | Super Retail (continued) |
| Bath & Body Works, Inc., 5.25%, 2/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$200588 |
| Cougar JV Subsidiary LLC, 8.00%, 5/15/32<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 526081 |
| Gee Automotive Holdings LLC, 7.25%, 3/1/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665 | &nbsp;&nbsp;&nbsp;&nbsp; 676724 |
| Global Auto Holdings Ltd./AAG FH U.K. Ltd., 8.375%, 1/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 190872 |
| Group 1 Automotive, Inc., 4.00%, 8/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 389646 |
| Ken Garff Automotive LLC, 4.875%, 9/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 445193 |
| LCM Investments Holdings II LLC, 4.875%, 5/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 416349 |
| Lithia Motors, Inc., 3.875%, 6/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 575340 |
| Mavis Tire Express Services Topco Corp., 6.50%, 5/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 124697 |
| Men's Wearhouse LLC, 9.00%, 2/1/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp; 391786 |
| Sonic Automotive, Inc., 4.625%, 11/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 293641 |
|  |  | &nbsp;&nbsp;**$4587568** |
| Technology — 4.0% | Technology — 4.0% | Technology — 4.0% |
| Black Pearl Compute LLC, 6.125%, 2/15/31<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;$264118 |
| Cipher Compute LLC, 7.125%, 11/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455 | &nbsp;&nbsp;&nbsp;&nbsp; 472181 |
| Cloud Software Group, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 3/31/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp; 531081 |
| &nbsp;&nbsp;&nbsp;9.00%, 9/30/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 737036 |
| Dye & Durham Ltd., 8.625%, 4/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321 | &nbsp;&nbsp;&nbsp;&nbsp; 280217 |
| Entegris, Inc., 4.375%, 4/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 345955 |
| Gen Digital, Inc., 6.75%, 9/30/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 502412 |
| WULF Compute LLC, 7.75%, 10/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478 | &nbsp;&nbsp;&nbsp;&nbsp; 502670 |
|  |  | &nbsp;&nbsp;**$3635670** |
| Telecommunications — 2.5% | Telecommunications — 2.5% | Telecommunications — 2.5% |
| APLD ComputeCo 2 LLC, 6.75%, 3/15/31<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;$361604 |
| APLD ComputeCo LLC, 9.25%, 12/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 150557 |
| EchoStar Corp., 10.75%, 11/30/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461 | &nbsp;&nbsp;&nbsp;&nbsp; 500582 |
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC, 6.50%, 2/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 491628 |
| Virgin Media Secured Finance PLC, 4.50%, 8/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460 | &nbsp;&nbsp;&nbsp;&nbsp; 407486 |
| Zegona Finance PLC, 8.625%, 7/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319 | &nbsp;&nbsp;&nbsp;&nbsp; 334667 |
|  |  | &nbsp;&nbsp;**$2246524** |
| Transport Excluding Air & Rail — 1.1% | Transport Excluding Air & Rail — 1.1% | Transport Excluding Air & Rail — 1.1% |
| Carriage Purchaser, Inc., 7.875%, 10/15/29<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;$466752 |
| Seaspan Corp., 5.50%, 8/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605 | &nbsp;&nbsp;&nbsp;&nbsp; 578784 |
|  |  | &nbsp;&nbsp;**$1045536** |
| Utility — 6.5% | Utility — 6.5% | Utility — 6.5% |
| Atlantica Sustainable Infrastructure Ltd., 4.125%, 6/15/28<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;906 | &nbsp;&nbsp;$885487 |

---

*4*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Utility (continued) | Utility (continued) | Utility (continued) |
| Clearway Energy Operating LLC, 4.75%, 3/15/28<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$497064 |
| Leeward Renewable Energy Operations LLC, 4.25%, 7/1/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;&nbsp;&nbsp; 607879 |
| NRG Energy, Inc.: |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 1/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 801271 |
| &nbsp;&nbsp;&nbsp;10.25% to 3/15/28<sup>(4)(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;737 | &nbsp;&nbsp;&nbsp;&nbsp; 800965 |
| Pattern Energy Operations LP/Pattern Energy Operations, Inc., 4.50%, 8/15/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 638950 |
| TerraForm Power Operating LLC, 5.00%, 1/31/28<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 990731 |
| XPLR Infrastructure Operating Partners LP: |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 9/15/27<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 248291 |
| &nbsp;&nbsp;&nbsp;7.25%, 1/15/29<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 312129 |
| &nbsp;&nbsp;&nbsp;8.375%, 1/15/31<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 128283 |
|  |  | &nbsp;&nbsp;**$5911050** |
| Total Corporate Bonds<br> (identified cost $77,380,895) |  | &nbsp;&nbsp;**$77410131** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Senior Floating-Rate Loans — 9.9%<sup>(8)</sup>

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Automotive & Auto Parts — 0.3% | Automotive & Auto Parts — 0.3% | Automotive & Auto Parts — 0.3% |
| Clarios Global LP, Term Loan, 6.152%, (1 mo. USD Term SOFR + 2.50%), 5/6/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161 | &nbsp;&nbsp;$161951 |
| Crash Champions LLC, Term Loan, 8.423%, (3 mo. USD Term SOFR + 4.75%), 2/23/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89 | &nbsp;&nbsp;&nbsp;&nbsp; 84715 |
|  |  | &nbsp;&nbsp;**$246666** |
| Building Materials — 0.4% | Building Materials — 0.4% | Building Materials — 0.4% |
| Park River Holdings, Inc., Term Loan, 8.192%, (3 mo. USD Term SOFR + 4.50%), 3/15/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349 | &nbsp;&nbsp;$349242 |
|  |  | &nbsp;&nbsp;**$349242** |
| Cable & Satellite TV — 0.2% | Cable & Satellite TV — 0.2% | Cable & Satellite TV — 0.2% |
| E.W. Scripps Co.: |  |  |
| &nbsp;&nbsp;&nbsp;Term Loan, 7.126%, (1 mo. USD Term SOFR + 3.35%), 11/30/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114 | &nbsp;&nbsp;$112753 |
| &nbsp;&nbsp;&nbsp;Term Loan, 9.526%, (1 mo. USD Term SOFR + 5.75%), 6/30/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp; 55147 |
|  |  | &nbsp;&nbsp;**$167900** |

---

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Capital Goods — 0.8% | Capital Goods — 0.8% | Capital Goods — 0.8% |
| EMRLD Borrower LP, Term Loan, 5.923%, (3 mo. USD Term SOFR + 2.25%), 5/31/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712 | &nbsp;&nbsp;$713408 |
|  |  | &nbsp;&nbsp;**$713408** |
| Chemicals — 0.2% | Chemicals — 0.2% | Chemicals — 0.2% |
| INEOS U.S. Finance LLC, Term Loan, 2/18/30<sup>(9)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$186750 |
|  |  | &nbsp;&nbsp;**$186750** |
| Energy — 0.1% | Energy — 0.1% | Energy — 0.1% |
| Venture Global Calcasieu Pass LLC, Term Loan, 6.937%, (6 mo. USD Term SOFR + 3.25%), 4/11/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148 | &nbsp;&nbsp;$149035 |
|  |  | &nbsp;&nbsp;**$149035** |
| Gaming — 0.5% | Gaming — 0.5% | Gaming — 0.5% |
| Peninsula Pacific Entertainment LLC, Term Loan, 8.45%, (3 mo. USD Term SOFR + 4.75%), 10/1/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;$204658 |
| Spectacle Gary Holdings LLC, Term Loan, 8.10%, (3 mo. USD Term SOFR + 4.25%), 12/11/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229 | &nbsp;&nbsp;&nbsp;&nbsp; 222620 |
|  |  | &nbsp;&nbsp;**$427278** |
| Healthcare — 2.2% | Healthcare — 2.2% | Healthcare — 2.2% |
| athenahealth Group, Inc., Term Loan, 6.402%, (1 mo. USD Term SOFR + 2.75%), 2/15/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887 | &nbsp;&nbsp;$885169 |
| Bausch & Lomb Corp., Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 1/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333 | &nbsp;&nbsp;&nbsp;&nbsp; 335670 |
| Bausch Health Cos., Inc., Term Loan, 9.902%, (1 mo. USD Term SOFR + 6.25%), 10/8/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466 | &nbsp;&nbsp;&nbsp;&nbsp; 455163 |
| Endo Luxembourg Finance Co. I SARL, Term Loan, 7.402%, (1 mo. USD Term SOFR + 3.75%), 4/23/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196 | &nbsp;&nbsp;&nbsp;&nbsp; 194371 |
| LifePoint Health, Inc., Term Loan, 7.423%, (3 mo. USD Term SOFR + 3.75%), 5/19/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122 | &nbsp;&nbsp;&nbsp;&nbsp; 121730 |
|  |  | &nbsp;&nbsp;**$1992103** |
| Insurance — 0.5% | Insurance — 0.5% | Insurance — 0.5% |
| Truist Insurance Holdings LLC, Term Loan - Second Lien, 8.45%, (3 mo. USD Term SOFR + 4.75%), 5/6/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463 | &nbsp;&nbsp;$459684 |
|  |  | &nbsp;&nbsp;**$459684** |
| Leisure — 0.4% | Leisure — 0.4% | Leisure — 0.4% |
| Peloton Interactive, Inc., Term Loan, 9.152%, (1 mo. USD Term SOFR + 5.50%), 5/30/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346 | &nbsp;&nbsp;$348219 |
|  |  | &nbsp;&nbsp;**$348219** |

---

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Borrower/Description** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Restaurant — 0.4% | Restaurant — 0.4% | Restaurant — 0.4% |
| IRB Holding Corp., Term Loan, 6.154%, (1 mo. USD Term SOFR + 2.50%), 12/16/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391 | &nbsp;&nbsp;$392252 |
|  |  | &nbsp;&nbsp;**$392252** |
| Services — 0.8% | Services — 0.8% | Services — 0.8% |
| LBM Acquisition LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 6/6/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;618 | &nbsp;&nbsp;$519665 |
| Specialty Building Products Holdings LLC, Term Loan, 7.502%, (1 mo. USD Term SOFR + 3.75%), 10/16/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209 | &nbsp;&nbsp;&nbsp;&nbsp; 183060 |
|  |  | &nbsp;&nbsp;**$702725** |
| Super Retail — 2.1% | Super Retail — 2.1% | Super Retail — 2.1% |
| Evergreen Acqco 1 LP, Term Loan, 6.686%, (3 mo. USD Term SOFR + 3.00%), 9/17/32 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297 | &nbsp;&nbsp;$297911 |
| Mavis Tire Express Services Corp., Term Loan, 6.669%, (6 mo. USD Term SOFR + 3.00%), 5/4/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848 | &nbsp;&nbsp;&nbsp;&nbsp; 850524 |
| Men's Wearhouse, Inc., Term Loan, 9.421%, (3 mo. USD Term SOFR + 5.75%), 1/28/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193 | &nbsp;&nbsp;&nbsp;&nbsp; 194991 |
| PetSmart, Inc., Term Loan, 7.652%, (1 mo. USD Term SOFR + 4.00%), 8/18/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549 | &nbsp;&nbsp;&nbsp;&nbsp; 551630 |
|  |  | &nbsp;&nbsp;**$1895056** |
| Technology — 1.0% | Technology — 1.0% | Technology — 1.0% |
| Proofpoint, Inc., Term Loan, 6.70%, (3 mo. USD Term SOFR + 3.00%), 8/31/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997 | &nbsp;&nbsp;$970180 |
|  |  | &nbsp;&nbsp;**$970180** |
| Total Senior Floating-Rate Loans<br> (identified cost $9,074,680) |  | &nbsp;&nbsp;**$9000498** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Miscellaneous — 0.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Paper — 0.0% | Paper — 0.0% | Paper — 0.0% |
| Enviva LLC, Escrow Certificates<sup>(1)(10)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;273000 | &nbsp;&nbsp;$0 |
| Total Miscellaneous<br> (identified cost $0) |  | &nbsp;&nbsp;**$0** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 3.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(11)</sup> | 2875984 | &nbsp;&nbsp;$2875984 |
| Total Short-Term Investments<br> (identified cost $2,875,984) |  | &nbsp;&nbsp;**$2875984** |
| Total Investments — 99.3%<br> (identified cost $90,421,360) |  | &nbsp;&nbsp;**$90519219** |
| Other Assets, Less Liabilities — 0.7% |  | &nbsp;&nbsp;**$646412** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$91165631** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| \* | In U.S. dollars unless otherwise indicated. |
| <sup>(1)</sup> | Non-income producing security. |
| <sup>(2)</sup> | Restricted security (see Note 7). |
| <sup>(3)</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 April 30, 2026, the aggregate value of these securities is $443,007 or 0.5% of the Fund's net assets. |
| <sup>(4)</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 April 30, 2026, the aggregate value of these securities is $72,016,833 or 79.0% of the Fund's net assets. |
| <sup>(5)</sup> | Represents a payment-in-kind security which may pay interest in additional principal at the issuer's discretion. |
| <sup>(6)</sup> | Perpetual security with no stated maturity date but may be subject to calls by the issuer. |
| <sup>(7)</sup> | Security converts to variable rate after the indicated fixed-rate coupon period. |
| <sup>(8)</sup> | Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the Secured Overnight Financing Rate ("SOFR") and secondarily, the prime rate offered by one or more major United States banks (the "Prime Rate"). Base lending rates may be subject to a floor, or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold. |

---

*6*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

<sup>(9)</sup> This Senior Loan will settle after April 30, 2026, at which time the interest rate will be determined. <br> <sup>(10)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(11)</sup> May be deemed to be an affiliated investment company (see Note 10). The rate shown is the annualized seven-day yield as of April 30, 2026.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp;434145 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;375030 | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(6881) |
|  |  |  |  |  |  | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(6881)** |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| OTC | – Over-the-counter |
| PIK | – Payment In Kind |
| SOFR | – Secured Overnight Financing Rate |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| EUR | – Euro |
| USD | – United States Dollar |

---

*7*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $87,545,376) | &nbsp;&nbsp;$87643235 |
| Affiliated investments, at value (identified cost $2,875,984) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2875984 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14834 |
| Foreign currency, at value (identified cost $5,086) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5185 |
| Interest receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1294996 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8296 |
| Receivable for investments sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33091 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52173 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2401 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33655 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20938 |
| **Total assets** | &nbsp;&nbsp;**$91984788** |
| Liabilities |  |
| Payable for investments purchased | &nbsp;&nbsp;$500572 |
| Payable for Fund shares redeemed | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180951 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6881 |
| Distributions payable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3354 |
| 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;41337 |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;829 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20938 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62299 |
| **Total liabilities** | &nbsp;&nbsp;**$819157** |
| **Net Assets** | &nbsp;&nbsp;**$91165631** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$95716217 |
| Accumulated loss | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4550586) |
| **Net Assets** | &nbsp;&nbsp;**$91165631** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$7234485 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810862 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$8.92 |
| **Maximum Offering Price Per Share<br> (100 ÷ 96.75 of net asset value per share)** | &nbsp;&nbsp;$9.22 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$83931146 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9397987 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$8.93 |

---

On sales of $100,000 or more, the offering price of Class A shares is reduced.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income from affiliated investments | &nbsp;&nbsp;$49972 |
| Interest income | &nbsp;&nbsp;&nbsp;&nbsp;2829668 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12737 |
| **Total investment income** | &nbsp;&nbsp;**$2892377** |
| Expenses |  |
| Investment adviser and administration fee | &nbsp;&nbsp;$245688 |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9860 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2809 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23137 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24831 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46383 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6607 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31766 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4182 |
| **Total expenses** | &nbsp;&nbsp;**$395263** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$96946 |
| **Total expense reductions** | &nbsp;&nbsp;**$96946** |
| **Net expenses** | &nbsp;&nbsp;**$298317** |
| **Net investment income** | &nbsp;&nbsp;**$2594060** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;$265276 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6286 |
| **Net realized gain** | &nbsp;&nbsp;**$271645** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;$(855220) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10094) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$(865148)** |
| **Net realized and unrealized loss** | &nbsp;&nbsp;**$(593503)** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$2000557** |

---

*9*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$2594060 | &nbsp;&nbsp;$5133190 |
| &nbsp;&nbsp;&nbsp;Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271645 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40697) |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(865148) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205123 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$2000557** | &nbsp;&nbsp;**$5297616** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(222474) | &nbsp;&nbsp;$(501603) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2403532) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4705207) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(2626006)** | &nbsp;&nbsp;**$(5206810)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(1119513) | &nbsp;&nbsp;$474531 |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;10323723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3629010) |
| **Net increase (decrease) in net assets from Fund share transactions** | &nbsp;&nbsp;**$9204210** | &nbsp;&nbsp;**$(3154479)** |
| **Net increase (decrease) in net assets** | &nbsp;&nbsp;**$8578761** | &nbsp;&nbsp;**$(3063673)** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$82586870 | &nbsp;&nbsp;$85650543 |
| **At end of period** | &nbsp;&nbsp;**$91165631** | &nbsp;&nbsp;**$82586870** |

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.98 | &nbsp;&nbsp;$8.96 | &nbsp;&nbsp;$8.72 | &nbsp;&nbsp;$8.75 | &nbsp;&nbsp;$9.50 | &nbsp;&nbsp;$9.12 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.53 | &nbsp;&nbsp;$0.56 | &nbsp;&nbsp;$0.51 | &nbsp;&nbsp;$0.35 | &nbsp;&nbsp;$0.36 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;(0.73) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.19** | &nbsp;&nbsp;**$0.56** | &nbsp;&nbsp;**$0.81** | &nbsp;&nbsp;**$0.51** | &nbsp;&nbsp;**$(0.38)** | &nbsp;&nbsp;**$0.76** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$(0.54) | &nbsp;&nbsp;$(0.57) | &nbsp;&nbsp;$(0.54) | &nbsp;&nbsp;$(0.37) | &nbsp;&nbsp;$(0.38) |
| **Total distributions** | &nbsp;&nbsp;**$(0.25)** | &nbsp;&nbsp;**$(0.54)** | &nbsp;&nbsp;**$(0.57)** | &nbsp;&nbsp;**$(0.54)** | &nbsp;&nbsp;**$(0.37)** | &nbsp;&nbsp;**$(0.38)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$8.92** | &nbsp;&nbsp;**$8.98** | &nbsp;&nbsp;**$8.96** | &nbsp;&nbsp;**$8.72** | &nbsp;&nbsp;**$8.75** | &nbsp;&nbsp;**$9.50** |
| **Total Return<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.15%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.41%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.53%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.96%** | &nbsp;&nbsp;&nbsp;&nbsp;**(4.00)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.39%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$7234 | &nbsp;&nbsp;$8402 | &nbsp;&nbsp;$7913 | &nbsp;&nbsp;$11664 | &nbsp;&nbsp;$6683 | &nbsp;&nbsp;$7059 |
| Ratios (as a percentage of average daily net assets):<sup>(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.14% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.13% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.90% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.58%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.92% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.32% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.84% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.76% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75% |

---

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

<sup>(2)</sup> Amount is less than $(0.005).

<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> Not annualized.

<sup>(5)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser and administrator of a portion of its investment adviser and administration fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005%, less than 0.005%, less than 0.01%, less than 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$8.99 | &nbsp;&nbsp;$8.97 | &nbsp;&nbsp;$8.73 | &nbsp;&nbsp;$8.76 | &nbsp;&nbsp;$9.51 | &nbsp;&nbsp;$9.13 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.55 | &nbsp;&nbsp;$0.59 | &nbsp;&nbsp;$0.53 | &nbsp;&nbsp;$0.38 | &nbsp;&nbsp;$0.38 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.00<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.73) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.40 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$0.20** | &nbsp;&nbsp;**$0.58** | &nbsp;&nbsp;**$0.83** | &nbsp;&nbsp;**$0.53** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$0.78** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.26) | &nbsp;&nbsp;$(0.56) | &nbsp;&nbsp;$(0.59) | &nbsp;&nbsp;$(0.56) | &nbsp;&nbsp;$(0.40) | &nbsp;&nbsp;$(0.40) |
| **Total distributions** | &nbsp;&nbsp;**$(0.26)** | &nbsp;&nbsp;**$(0.56)** | &nbsp;&nbsp;**$(0.59)** | &nbsp;&nbsp;**$(0.56)** | &nbsp;&nbsp;**$(0.40)** | &nbsp;&nbsp;**$(0.40)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$8.93** | &nbsp;&nbsp;**$8.99** | &nbsp;&nbsp;**$8.97** | &nbsp;&nbsp;**$8.73** | &nbsp;&nbsp;**$8.76** | &nbsp;&nbsp;**$9.51** |
| **Total Return<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.28%<sup>(5)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.67%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.80%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.23%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(3.75)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.65%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$83931 | &nbsp;&nbsp;$74185 | &nbsp;&nbsp;$77737 | &nbsp;&nbsp;$65936 | &nbsp;&nbsp;$69325 | &nbsp;&nbsp;$61879 |
| Ratios (as a percentage of average daily net assets):<sup>(6)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.86% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.87% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.88% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.95% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%<sup>(7)(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.65% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.82%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.57% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.04% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.18% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.95% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38%<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75% |

---

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

<sup>(2)</sup> Amount is less than $0.005.

<sup>(3)</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>(4)</sup> Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested.

<sup>(5)</sup> Not annualized.

<sup>(6)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(7)</sup> Annualized.

<sup>(8)</sup> Includes a reduction by the investment adviser and administrator of a portion of its investment adviser and administration fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005%, less than 0.005%, less than 0.01%, less than 0.01% and less than 0.005% of average daily net assets for the six months ended April 30, 2026 and the years ended October 31, 2025, 2024, 2023 and 2022, respectively).

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Short Duration High Income 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 two classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class A shares may be subject to a 0.75% contingent deferred sales charge (CDSC) if redeemed within 12 months of purchase (depending on the circumstances of purchase). Class I 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 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. Net investment income, other than class-specific expenses, is allocated daily to each class of shares based upon the ratio of the value of each class's paid shares to the total value of all paid 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.

**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.**

**Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Senior Loans, for which a valuation is not available or deemed unreliable, are fair valued by the investment adviser utilizing one or more of the valuation techniques described below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan. If the investment adviser believes that there is a reasonable likelihood of full repayment, the investment adviser will determine fair value using a matrix pricing approach that considers the yield on the Senior Loan relative to yields on other Senior Loans issued by companies of comparable credit quality. If the investment adviser believes there is not a reasonable likelihood of full repayment, the investment adviser will determine fair value using analyses that include, but are not limited to: (i) a comparison of the value of the borrower's outstanding equity and debt to that of comparable public companies; (ii) a discounted cash flow analysis; or (iii) when the investment adviser believes it is likely that a borrower will be liquidated or sold, an analysis of the terms of such liquidation or sale. In certain cases, the investment adviser will use a combination of analytical methods to determine fair value, such as when only a portion of a borrower's assets are likely to be sold. In conducting its assessment and analyses for purposes of determining fair value of a Senior Loan, the investment adviser will use its discretion and judgment in considering and appraising relevant factors. Junior Loans (i.e., subordinated loans and second lien loans) are valued in the same manner as Senior Loans.**

**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 or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

**Derivatives. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Fund's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service.**

**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.**

**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**

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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—Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Fees in connection with investments in senior floating-rate loans may include amendment fees, consent fees and prepayment fees, which are recorded to income as earned and included in Other income on the Statement of Operations. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

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.

As of April 30, 2026, 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.

I Forward Foreign Currency Exchange Contracts—The Fund may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

J Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

K Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

2 Distributions to Shareholders and Income Tax Information

The Fund declares dividends daily to shareholders of record at the time of declaration. Distributions are generally paid monthly. Distributions of realized capital gains are made at least annually. 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 reinvestment 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.

At October 31, 2025, the Fund, for federal income tax purposes, had deferred capital losses of $4,783,479 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 October 31, 2025, $2,253,614 are short-term and $2,529,865 are long-term.

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Fund at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$90525737** |
| Gross unrealized appreciation | &nbsp;&nbsp;$813842 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(827241) |
| **Net unrealized depreciation** | &nbsp;&nbsp;**$(13399)** |

---

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 investment adviser and administration 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;0.550% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.525% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.505% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.490% |

---

For the six months ended April 30, 2026, the Fund's investment adviser and administration fee amounted to $245,688 or 0.55% (annualized) of the Fund's average daily net assets. 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 six months ended April 30, 2026, the investment adviser and administration fee paid was reduced by $1,953 relating to the Fund's investment in the Liquidity Fund.

EVM has agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding such expenses as brokerage commissions, acquired fund fees and expenses of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 0.90% and 0.65% of the Fund's average daily net assets for Class A and Class I, respectively. This agreement may be changed or terminated after March 1, 2027. Pursuant to this agreement, EVM waived and/or reimbursed $94,993 of the Fund's operating expenses for the six months ended April 30, 2026.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $1,401 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 $1,620 as its portion of the sales charge on sales of Class A shares and less than $100 of CDSCs paid by Class A shareholders for the six months ended April 30, 2026. EVD also received distribution and service fees from Class A shares (see Note 4).

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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. Certain officers and Trustees of the Fund are officers of EVM.

4 Distribution Plan

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 six months ended April 30, 2026 amounted to $9,860 for Class A shares.

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

5 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities, paydowns and principal repayments on Senior Loans, aggregated $43,157,094 and $32,949,811, respectively, for the six months ended April 30, 2026.

6 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;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 35825 | &nbsp;&nbsp;&nbsp;&nbsp;$320847 | &nbsp;&nbsp;&nbsp;&nbsp; 309475 | &nbsp;&nbsp;&nbsp;&nbsp;$2770599 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 24594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 220157 | &nbsp;&nbsp;&nbsp;&nbsp; 55561 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 497494 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (185413) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1660517) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (312023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2793562) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(124994)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(1119513)** | &nbsp;&nbsp;&nbsp;&nbsp; **53013** | &nbsp;&nbsp;&nbsp;&nbsp;**$474531** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;2745492 | &nbsp;&nbsp;&nbsp;&nbsp;$24668487 | &nbsp;&nbsp;&nbsp;&nbsp;2640884 | &nbsp;&nbsp;&nbsp;&nbsp;$23670794 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 266236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2384814 | &nbsp;&nbsp;&nbsp;&nbsp; 519573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4656087 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(1868501) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16729578) | &nbsp;&nbsp;&nbsp;&nbsp;(3569003) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(31955891) |
| **Net increase (decrease)** | &nbsp;&nbsp;&nbsp;&nbsp;**1143227** | &nbsp;&nbsp;&nbsp;&nbsp;**$10323723** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(408546)** | &nbsp;&nbsp;&nbsp;&nbsp;**$(3629010)** |

---

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

7 Restricted Securities

At April 30, 2026, the Fund owned the following security (representing 0.1% of net assets) which was restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The value of restricted securities is determined based on valuations provided by brokers when available, or if not available, they are valued by the investment adviser as the Trustees' valuation designee.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Date(s) of<br> Acquisition** | &nbsp;&nbsp;&nbsp;&nbsp;**Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Cost** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| **Common Stocks** |  |  |  |  |
| Enviva LLC | &nbsp;&nbsp;&nbsp;&nbsp;12/6/24 | &nbsp;&nbsp;&nbsp;&nbsp;6489 | &nbsp;&nbsp;&nbsp;&nbsp;$36648 | &nbsp;&nbsp;&nbsp;&nbsp;$131402 |
| **Total Restricted Securities** |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$36648** | &nbsp;&nbsp;&nbsp;&nbsp;**$131402** |

---

8 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 forward foreign currency exchange contracts 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

The Fund is subject to foreign exchange risk in the normal course of pursuing its investment objective. Because the Fund holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Fund enters into forward foreign currency exchange contracts.

The Fund enters into forward foreign currency exchange contracts that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Fund's net assets below a certain level over a certain period of time, which would trigger a payment by the Fund for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $6,881. At April 30, 2026, there were no assets pledged by the Fund for such liability.

The over-the-counter (OTC) derivatives in which the Fund invests are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Fund has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Fund and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Fund's net assets decline by a stated percentage or the Fund fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Fund of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Fund and/or counterparty is held in segregated accounts by the Fund's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Fund, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Fund as collateral, if any, are identified as such in the Portfolio of Investments.

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) and whose primary underlying risk exposure is foreign exchange risk at April 30, 2026 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>** |
| Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(6881) |
| **Total Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(6881)** |

---

<sup>(1)</sup> Statement of Assets and Liabilities location: Payable for open forward foreign currency exchange contracts.

The Fund's derivative liabilities at fair value by type, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following table presents the Fund's derivative liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral pledged by the Fund for such liabilities as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(b)</sup>** |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;$(6881) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$(6881) |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

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 foreign exchange risk for the six months ended April 30, 2026 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>** |
| Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;$6286 | &nbsp;&nbsp;&nbsp;&nbsp;$(10094) |

---

<sup>(1)</sup> Statement of Operations location: Net realized gain (loss): Forward foreign currency exchange contracts. <br> <sup>(2)</sup> Statement of Operations location: Change in unrealized appreciation (depreciation): Forward foreign currency exchange contracts.

The average notional amount of forward foreign currency exchange contracts (based on the absolute value of notional amounts of currency purchased and currency sold) outstanding during the six months ended April 30, 2026, which is indicative of the volume of this derivative type, was approximately $516,000.

9 Line of Credit

The Fund participates with other portfolios and funds managed by EVM and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. 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 generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $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 six months ended April 30, 2026.

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

10 Affiliated Investments

At April 30, 2026, the value of the Fund's investment in funds that may be deemed to be affiliated was $2,875,984, which represents 3.2% of the Fund's net assets. Transactions in such investments by the Fund for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $3890537 | $36635704 | $(37650257) | $— | $— | $2875984 | $49972 | 2875984 |

---

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 April 30, 2026, the hierarchy of inputs used in valuing the Fund's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Common Stocks | &nbsp;&nbsp;$2873 | &nbsp;&nbsp;&nbsp;&nbsp;$131531 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$134404 |
| Convertible Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1098202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1098202 |
| Corporate Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77410131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77410131 |
| Senior Floating-Rate Loans | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9000498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9000498 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;2875984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2875984 |
| **Total Investments** | &nbsp;&nbsp;**$2878857** | &nbsp;&nbsp;&nbsp;&nbsp;**$87640362** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$90519219** |
| **Liability Description** |  |  |  |  |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(6881) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(6881) |
| **Total** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(6881)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(6881)** |

---

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

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 six months ended April 30, 2026 is not presented.

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

Eaton Vance

Short Duration High Income Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

12 Risks and Uncertainties

#### Credit Risk
The Fund primarily invests in lower rated and comparable quality unrated high yield securities. These investments have different risks than investments in debt securities rated investment grade. Risk of loss upon default by the borrower is significantly greater with respect to such debt than with other debt securities because these securities are generally unsecured and are more sensitive to adverse economic conditions, such as recession or increasing interest rates, than are investment grade issuers.

------

[**Table of Contents**](#JOB_EV_AR_c7b76a63-eea9-47d5-a99c-e97c7996bbd6_TOC)

ESHAX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

## Eaton Vance

## Emerging and Frontier Countries Equity Fund

## Semi-Annual Financial Statements and Additional Information
April 30, 2026

------

![](g155804imgdf57f7401.gif)

------

**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 prospectus and/or statement of additional information, which can be obtained by calling 1-800-262-1122 or from a financial intermediary. Prospective investors should read the prospectus carefully before investing.**

------

#### Semi-Annual Financial Statements and Additional Information April 30, 2026
Eaton Vance

Emerging and Frontier Countries Equity Fund

---

| | |
|:---|:---|
| **[**Table of Contents**](#xx_dff5ae02-8d69-446d-8b21-79479e5cb8f9_1)** |  |
| [Item 7 of Form N-CSR:](#xx_3abf0b7a-9b94-4edb-b464-74c226a47633_1) | [Item 7 of Form N-CSR:](#xx_3abf0b7a-9b94-4edb-b464-74c226a47633_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Assets and Liabilities](#xx_3abf0b7a-9b94-4edb-b464-74c226a47633_1) | 1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statement of Operations](#xx_3abf0b7a-9b94-4edb-b464-74c226a47633_2) | 2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Statements of Changes in Net Assets](#xx_3abf0b7a-9b94-4edb-b464-74c226a47633_3) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Highlights](#xx_897f5806-8ef4-403f-a06e-c939da4fb8d5_1) | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Notes to Financial Statements](#xx_34a0f2a6-8e11-4f7d-9653-7e81470880db_1) | 6 |
| [Global Macro Capital Opportunities Portfolio](#xx_296f27d6-f036-4cb4-8fb4-4ba5078c6132_1) | [Global Macro Capital Opportunities Portfolio](#xx_296f27d6-f036-4cb4-8fb4-4ba5078c6132_1) |
| [Items 6 and 7 of Form N-CSR:](#xx_296f27d6-f036-4cb4-8fb4-4ba5078c6132_1) | [Items 6 and 7 of Form N-CSR:](#xx_296f27d6-f036-4cb4-8fb4-4ba5078c6132_1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Portfolio of Investments](#xx_296f27d6-f036-4cb4-8fb4-4ba5078c6132_1) | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#xx_c46b64fe-c7d1-4d97-9e46-5c360a5172f3_1) | 21 |

---

Items 8, 9 and 11 of Form N-CSR are Not Applicable. For Item 10 of Form N-CSR, see Item 7.

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Eaton Vance

Emerging and Frontier Countries Equity Fund

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Investment in Global Macro Capital Opportunities Portfolio, at value (identified cost $2,700,326,246) | &nbsp;&nbsp;$3722008474 |
| Receivable for Fund shares sold | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4141679 |
| Receivable from affiliates | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14311 |
| Prepaid expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82451 |
| **Total assets** | &nbsp;&nbsp;**$3726246915** |
| Liabilities |  |
| Payable for Fund shares redeemed | &nbsp;&nbsp;$1701558 |
| Payable to affiliates: |  |
| &nbsp;&nbsp;&nbsp;Distribution and service fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19414 |
| &nbsp;&nbsp;&nbsp;Sub-transfer agency fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4639 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43 |
| Payable for transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335207 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58650 |
| **Total liabilities** | &nbsp;&nbsp;**$2119511** |
| **Net Assets** | &nbsp;&nbsp;**$3724127404** |
| Sources of Net Assets |  |
| Paid-in capital | &nbsp;&nbsp;$2705227004 |
| Distributable earnings | &nbsp;&nbsp;&nbsp;&nbsp;1018900400 |
| **Net Assets** | &nbsp;&nbsp;**$3724127404** |
| Class A Shares |  |
| **Net Assets** | &nbsp;&nbsp;$98382021 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4733339 |
| **Net Asset Value and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$20.78 |
| **Maximum Offering Price Per Share<br> (100 ÷ 94.75 of net asset value per share)** | &nbsp;&nbsp;$21.93 |
| Class I Shares |  |
| **Net Assets** | &nbsp;&nbsp;$3625745383 |
| **Shares Outstanding** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172679341 |
| **Net Asset Value, Offering Price and Redemption Price Per Share<br> (net assets ÷ shares of beneficial interest outstanding)** | &nbsp;&nbsp;$21.00 |

---

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

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Eaton Vance

Emerging and Frontier Countries Equity Fund

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income allocated from Portfolio (net of foreign taxes withheld of $4,862,375) | &nbsp;&nbsp;$37691584 |
| Interest income allocated from Portfolio (net of foreign taxes withheld of $2,290) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2136636 |
| Other income allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7178 |
| Securities lending income allocated from Portfolio, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154751 |
| Expenses allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16067319) |
| Waiver and/or reimbursement of expenses by affiliates allocated from Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93230 |
| **Total investment income from Portfolio** | &nbsp;&nbsp;**$24016060** |
| Expenses |  |
| Distribution and service fees: |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$95172 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33323 |
| Transfer and dividend disbursing agent fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1465503 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84034 |
| Printing and postage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59217 |
| Registration fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116663 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9587 |
| **Total expenses** | &nbsp;&nbsp;**$1863749** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$14311 |
| **Total expense reductions** | &nbsp;&nbsp;**$14311** |
| **Net expenses** | &nbsp;&nbsp;**$1849438** |
| **Net investment income** | &nbsp;&nbsp;**$22166622** |
| Realized and Unrealized Gain (Loss) from Portfolio |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions (net of foreign capital gains taxes of $1,019,529) | &nbsp;&nbsp;$46542469 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5412461) |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16429270) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23229092 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3568028) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10208277) |
| **Net realized gain** | &nbsp;&nbsp;**$34153525** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments (including net decrease in accrued foreign capital gains taxes of $3,560,051) | &nbsp;&nbsp;$490649017 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4069042 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1778121) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(146786) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15351120) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$477442032** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$511595557** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$533762179** |

---

*2*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Eaton Vance

Emerging and Frontier Countries Equity Fund

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$22166622 | &nbsp;&nbsp;$38016497 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34153525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31978244 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477442032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429491639 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$533762179** | &nbsp;&nbsp;**$499486380** |
| Distributions to shareholders: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$(2273235) | &nbsp;&nbsp;$(420061) |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(99755971) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23149604) |
| **Total distributions to shareholders** | &nbsp;&nbsp;**$(102029206)** | &nbsp;&nbsp;**$(23569665)** |
| Transactions in shares of beneficial interest: |  |  |
| &nbsp;&nbsp;&nbsp;Class A | &nbsp;&nbsp;$28636630 | &nbsp;&nbsp;$33416648 |
| &nbsp;&nbsp;&nbsp;Class I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649699115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957258199 |
| **Net increase in net assets from Fund share transactions** | &nbsp;&nbsp;**$678335745** | &nbsp;&nbsp;**$990674847** |
| **Net increase in net assets** | &nbsp;&nbsp;**$1110068718** | &nbsp;&nbsp;**$1466591562** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$2614058686 | &nbsp;&nbsp;$1147467124 |
| **At end of period** | &nbsp;&nbsp;**$3724127404** | &nbsp;&nbsp;**$2614058686** |

---

*3*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Eaton Vance

Emerging and Frontier Countries Equity Fund

April 30, 2026

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;**Class A** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$18.14 | &nbsp;&nbsp;$14.04 | &nbsp;&nbsp;$11.53 | &nbsp;&nbsp;$10.51 | &nbsp;&nbsp;$12.99 | &nbsp;&nbsp;$9.61 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.12 | &nbsp;&nbsp;$0.30 | &nbsp;&nbsp;$0.35 | &nbsp;&nbsp;$0.26 | &nbsp;&nbsp;$0.22 | &nbsp;&nbsp;$0.07 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.07 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.39) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.31 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$3.29** | &nbsp;&nbsp;**$4.37** | &nbsp;&nbsp;**$2.74** | &nbsp;&nbsp;**$1.61** | &nbsp;&nbsp;**$(2.17)** | &nbsp;&nbsp;**$3.38** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.45) | &nbsp;&nbsp;$(0.27) | &nbsp;&nbsp;$(0.23) | &nbsp;&nbsp;$(0.59) | &nbsp;&nbsp;$(0.09) | &nbsp;&nbsp;$— |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.65)** | &nbsp;&nbsp;**$(0.27)** | &nbsp;&nbsp;**$(0.23)** | &nbsp;&nbsp;**$(0.59)** | &nbsp;&nbsp;**$(0.31)** | &nbsp;&nbsp;**$—** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$20.78** | &nbsp;&nbsp;**$18.14** | &nbsp;&nbsp;**$14.04** | &nbsp;&nbsp;**$11.53** | &nbsp;&nbsp;**$10.51** | &nbsp;&nbsp;**$12.99** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.63%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**31.72%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**23.89%** | &nbsp;&nbsp;&nbsp;&nbsp;**15.84%** | &nbsp;&nbsp;&nbsp;&nbsp;**(17.13)%** | &nbsp;&nbsp;&nbsp;&nbsp;**35.17%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$98382 | &nbsp;&nbsp;$59437 | &nbsp;&nbsp;$16546 | &nbsp;&nbsp;$6276 | &nbsp;&nbsp;$2340 | &nbsp;&nbsp;$1387 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.41%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.48% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.51% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.55% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.65% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.64% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.64% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.25%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.89% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.55% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.90% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.60% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70% |

---

<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.

<sup>(3)</sup> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026, less than 0.01% of average daily net assets for the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Eaton Vance

Emerging and Frontier Countries Equity Fund

April 30, 2026

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;**Class I** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
| | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Net asset value — Beginning of period | &nbsp;&nbsp;$18.33 | &nbsp;&nbsp;$14.16 | &nbsp;&nbsp;$11.62 | &nbsp;&nbsp;$10.58 | &nbsp;&nbsp;$13.08 | &nbsp;&nbsp;$9.66 |
| Income (Loss) From Operations |  |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.14 | &nbsp;&nbsp;$0.36 | &nbsp;&nbsp;$0.39 | &nbsp;&nbsp;$0.27 | &nbsp;&nbsp;$0.25 | &nbsp;&nbsp;$0.11 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.21 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.40) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.32 |
| **Total income (loss) from operations** | &nbsp;&nbsp;**$3.35** | &nbsp;&nbsp;**$4.46** | &nbsp;&nbsp;**$2.79** | &nbsp;&nbsp;**$1.64** | &nbsp;&nbsp;**$(2.15)** | &nbsp;&nbsp;**$3.43** |
| Less Distributions |  |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.48) | &nbsp;&nbsp;$(0.29) | &nbsp;&nbsp;$(0.25) | &nbsp;&nbsp;$(0.60) | &nbsp;&nbsp;$(0.13) | &nbsp;&nbsp;$(0.01) |
| From net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.20) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.22) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| **Total distributions** | &nbsp;&nbsp;**$(0.68)** | &nbsp;&nbsp;**$(0.29)** | &nbsp;&nbsp;**$(0.25)** | &nbsp;&nbsp;**$(0.60)** | &nbsp;&nbsp;**$(0.35)** | &nbsp;&nbsp;**$(0.01)** |
| **Net asset value — End of period** | &nbsp;&nbsp;**$21.00** | &nbsp;&nbsp;**$18.33** | &nbsp;&nbsp;**$14.16** | &nbsp;&nbsp;**$11.62** | &nbsp;&nbsp;**$10.58** | &nbsp;&nbsp;**$13.08** |
| **Total Return<sup>(2)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.85%<sup>(3)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**32.00%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**24.24%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16.11%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(16.91)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**35.54%** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Net assets, end of period (000's omitted) | &nbsp;&nbsp;$3625745 | &nbsp;&nbsp;$2554621 | &nbsp;&nbsp;$1130921 | &nbsp;&nbsp;$373563 | &nbsp;&nbsp;$181423 | &nbsp;&nbsp;$189060 |
| Ratios (as a percentage of average daily net assets):<sup>(4)(5)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.16%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.23% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.40% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.39% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(6)(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.31%<sup>(7)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.39% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.44%<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.79% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.12% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89% |
| Portfolio Turnover of the Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65% | &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;67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70% |

---

<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> Not annualized.

<sup>(4)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Fund.

<sup>(5)</sup> Includes the Fund's share of the Portfolio's allocated expenses.

<sup>(6)</sup> Annualized.

<sup>(7)</sup> Includes a reduction by the investment adviser of a portion of the Portfolio's adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026, less than 0.01% of average daily net assets for the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

*5*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Eaton Vance

Emerging and Frontier Countries Equity Fund

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Eaton Vance Emerging and Frontier Countries 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 offers two classes of shares. Class A shares are generally sold subject to a sales charge imposed at time of purchase. Class I 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. Each class of shares differs in its distribution plan and certain other class-specific expenses. The Fund invests its assets in interests in Global Macro Capital Opportunities Portfolio (the Portfolio), a Massachusetts business trust, having the same investment objective and policies as the Fund. The value of the Fund's investment in the Portfolio reflects the Fund's proportionate interest in the net assets of the Portfolio (approximately 100% at April 30, 2026). The performance of the Fund is directly affected by the performance of the Portfolio. The financial statements of the Portfolio, including the portfolio of investments, are included elsewhere in this report and should be read in conjunction with the Fund's financial statements.

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—Valuation of securities by the Portfolio is discussed in Note 1A of the Portfolio's Notes to Financial Statements, which are included elsewhere in this report.

B Income—The Fund's net investment income or loss consists of the Fund's pro rata share of the net investment income or loss of the Portfolio, less all actual and accrued expenses of the Fund.

C 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 required to recognize its pro rata share of the capital gains taxes incurred by the Portfolio. In doing so, the daily net asset value would reflect the Fund's pro rata share of the estimated reserve for such taxes incurred by the Portfolio.

As of April 30, 2026, 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.

D 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.

E 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.

F 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 Funds. 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, each Fund enters into agreements with service providers that may contain indemnification clauses. Each Fund's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against each Fund that have not yet occurred.

G Other—Investment transactions are accounted for on a trade date basis.

H Segment Reporting—The Fund operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Fund's President acts as the Fund's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Fund's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Fund's financial statements.

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Eaton Vance

Emerging and Frontier Countries Equity Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

I Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

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.

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 investment adviser fee is computed at an annual rate as a percentage of the Fund's average daily net assets that are not invested in other investment companies for which EVM or its affiliates serve as investment adviser and receive an advisory fee as follows and is payable monthly:

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;1.000% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.950% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.925% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.900% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.880% |

---

For the six months ended April 30, 2026, the Fund incurred no investment adviser fee on such assets. Pursuant to an investment sub-advisory agreement,

EVM has delegated a portion of the investment management of the Fund to Eaton Vance Advisers International Ltd. (EVAIL), an affiliate of EVM and an indirect, wholly-owned subsidiary of Morgan Stanley. EVM pays EVAIL a portion of its investment adviser fee for sub-advisory services provided to the Fund. To the extent the Fund's assets are invested in the Portfolio, the Fund is allocated its share of the Portfolio's investment adviser fee. The Portfolio has engaged Boston Management and Research (BMR) to render investment advisory services. See Note 2 of the Portfolio's Notes to Financial Statements which are included elsewhere in this report. EVM also serves as the administrator of the Fund, but receives no compensation.

EVM has agreed to reimburse the Fund's expenses to the extent that total annual operating expenses (relating to ordinary operating expenses only and excluding such expenses as brokerage commissions, acquired fund fees of unaffiliated funds, borrowing costs, taxes or litigation expenses) exceed 1.40% and 1.15% of the Fund's average daily net assets for Class A and Class I, respectively. This agreement may be changed or terminated after March 1, 2027. Pursuant to this agreement, EVM waived and/or reimbursed $14,311 of operating expenses for the six months ended April 30, 2026.

EVM provides sub-transfer agency and related services to the Fund pursuant to a Sub-Transfer Agency Support Services Agreement. For the six months ended April 30, 2026, EVM earned $8,274 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 $9,893 as its portion of the sales charge on sales of Class A shares for the six months ended April 30, 2026. EVD also received distribution and service fees from Class A shares (see Note 4).

Trustees and officers of the Fund who are members of EVM's or BMR's organizations receive remuneration for their services to the Fund out of the investment adviser fee. Certain officers and Trustees of the Fund and the Portfolio are officers of the above organizations.

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Eaton Vance

Emerging and Frontier Countries Equity Fund

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

4 Distribution Plan

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 six months ended April 30, 2026 amounted to $95,172 for Class A 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 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 six months ended April 30, 2026, the Fund was informed that EVD received no CDSCs paid by Class A shareholders.

6 Investment Transactions

For the six months ended April 30, 2026, increases and decreases in the Fund's investment in the Portfolio aggregated $683,350,958 and $108,821,905, respectively.

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;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** | &nbsp;&nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
|  | &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; 2189499 | &nbsp;&nbsp;&nbsp;&nbsp;$42761938 | &nbsp;&nbsp;&nbsp;&nbsp; 2571982 | &nbsp;&nbsp;&nbsp;&nbsp;$40825539 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 122729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2226293 | &nbsp;&nbsp;&nbsp;&nbsp; 27966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 395717 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (855155) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16351601) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (502493) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7804608) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp; **1457073** | &nbsp;&nbsp;&nbsp;&nbsp;**$28636630** | &nbsp;&nbsp;&nbsp;&nbsp; **2097455** | &nbsp;&nbsp;&nbsp;&nbsp;**$33416648** |
| **Class I** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Sales | &nbsp;&nbsp;&nbsp;&nbsp;54107869 | &nbsp;&nbsp;&nbsp;&nbsp;$1057905766 | &nbsp;&nbsp;&nbsp;&nbsp;88840990 | &nbsp;&nbsp;&nbsp;&nbsp;$1415964878 |
| &nbsp;&nbsp;&nbsp;Issued to shareholders electing to receive payments of distributions in Fund shares | &nbsp;&nbsp;&nbsp;&nbsp; 5441013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99624952 | &nbsp;&nbsp;&nbsp;&nbsp; 1623284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23148031 |
| &nbsp;&nbsp;&nbsp;Redemptions | &nbsp;&nbsp;&nbsp;&nbsp;(26255884) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (507831603) | &nbsp;&nbsp;&nbsp;&nbsp;(30932358) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (481854710) |
| **Net increase** | &nbsp;&nbsp;&nbsp;&nbsp;**33292998** | &nbsp;&nbsp;&nbsp;&nbsp;**$649699115** | &nbsp;&nbsp;&nbsp;&nbsp;**59531916** | &nbsp;&nbsp;&nbsp;&nbsp;**$957258199** |

---

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited)

------

Common Stocks — 91.5%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Argentina — 4.5% | Argentina — 4.5% | Argentina — 4.5% |
| Banco BBVA Argentina SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454813 | &nbsp;&nbsp;$6485633 |
| Banco Macro SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232909 | &nbsp;&nbsp;&nbsp;&nbsp; 16769448 |
| Bolsas y Mercados Argentinos SA | 14000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2860253 |
| Central Puerto SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446921 | &nbsp;&nbsp;&nbsp;&nbsp; 6306055 |
| Corp. America Airports SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94779 | &nbsp;&nbsp;&nbsp;&nbsp; 2364736 |
| Cresud SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78095 | &nbsp;&nbsp;&nbsp;&nbsp; 878569 |
| Empresa Distribuidora Y Comercializadora Norte ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46228 | &nbsp;&nbsp;&nbsp;&nbsp; 1158011 |
| Grupo Financiero Galicia SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589380 | &nbsp;&nbsp;&nbsp;&nbsp; 24364969 |
| Grupo Supervielle SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;377546 | &nbsp;&nbsp;&nbsp;&nbsp; 3107204 |
| IRSA Inversiones y Representaciones SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60072 | &nbsp;&nbsp;&nbsp;&nbsp; 839206 |
| Loma Negra Cia Industrial Argentina SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120549 | &nbsp;&nbsp;&nbsp;&nbsp; 1330861 |
| Pampa Energia SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187264 | &nbsp;&nbsp;&nbsp;&nbsp; 15518568 |
| Telecom Argentina SA ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400979 | &nbsp;&nbsp;&nbsp;&nbsp; 4787689 |
| Transportadora de Gas del Sur SA, Class B ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327180 | &nbsp;&nbsp;&nbsp;&nbsp; 9982262 |
| Vista Energy SAB de CV ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370425 | &nbsp;&nbsp;&nbsp;&nbsp; 27529986 |
| YPF SA ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938713 | &nbsp;&nbsp;&nbsp;&nbsp; 42392279 |
|  |  | &nbsp;&nbsp;**$166675729** |
| Australia — 0.6% | Australia — 0.6% | Australia — 0.6% |
| Anglogold Ashanti PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250900 | &nbsp;&nbsp;$23315922 |
|  |  | &nbsp;&nbsp;**$23315922** |
| Austria — 0.1% | Austria — 0.1% | Austria — 0.1% |
| Raiffeisen Bank International AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96000 | &nbsp;&nbsp;$5236379 |
|  |  | &nbsp;&nbsp;**$5236379** |
| Belgium — 0.4% | Belgium — 0.4% | Belgium — 0.4% |
| Cenergy Holdings SA<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501707 | &nbsp;&nbsp;$14121470 |
|  |  | &nbsp;&nbsp;**$14121470** |
| Brazil — 4.4% | Brazil — 4.4% | Brazil — 4.4% |
| Adecoagro SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64396 | &nbsp;&nbsp;$907340 |
| Ambev SA | &nbsp;&nbsp;&nbsp;&nbsp;1365200 | &nbsp;&nbsp;&nbsp;&nbsp; 4000374 |
| Arcos Dorados Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289298 | &nbsp;&nbsp;&nbsp;&nbsp; 2580538 |
| Axia Energia SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365300 | &nbsp;&nbsp;&nbsp;&nbsp; 4577500 |
| Axia Energia SA, Class B, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85700 | &nbsp;&nbsp;&nbsp;&nbsp; 1188114 |
| Axia Energia SA, Class C, PFC Shares<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126128 | &nbsp;&nbsp;&nbsp;&nbsp; 1526995 |
| B3 SA - Brasil Bolsa Balcao | &nbsp;&nbsp;&nbsp;&nbsp;1544300 | &nbsp;&nbsp;&nbsp;&nbsp; 5622951 |
| Banco Bradesco SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492500 | &nbsp;&nbsp;&nbsp;&nbsp; 1662951 |
| Banco Bradesco SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;1532100 | &nbsp;&nbsp;&nbsp;&nbsp; 5977659 |
| Banco BTG Pactual SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349300 | &nbsp;&nbsp;&nbsp;&nbsp; 4185844 |
| Banco do Brasil SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540800 | &nbsp;&nbsp;&nbsp;&nbsp; 2425617 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Brazil (continued) | Brazil (continued) | Brazil (continued) |
| BB Seguridade Participacoes SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235600 | &nbsp;&nbsp;$1611965 |
| Caixa Seguridade Participacoes SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241200 | &nbsp;&nbsp;&nbsp;&nbsp; 881156 |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;732976 | &nbsp;&nbsp;&nbsp;&nbsp; 4906936 |
| Cia Energetica de Minas Gerais, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541000 | &nbsp;&nbsp;&nbsp;&nbsp; 1370035 |
| Cia Paranaense de Energia - Copel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392800 | &nbsp;&nbsp;&nbsp;&nbsp; 1261263 |
| CPFL Energia SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56300 | &nbsp;&nbsp;&nbsp;&nbsp; 556315 |
| Embraer SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210300 | &nbsp;&nbsp;&nbsp;&nbsp; 3271843 |
| Energisa SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74690 | &nbsp;&nbsp;&nbsp;&nbsp; 796705 |
| Eneva SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320600 | &nbsp;&nbsp;&nbsp;&nbsp; 1753271 |
| Engie Brasil Energia SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69720 | &nbsp;&nbsp;&nbsp;&nbsp; 497155 |
| Equatorial SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364700 | &nbsp;&nbsp;&nbsp;&nbsp; 3116867 |
| Gerdau SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399200 | &nbsp;&nbsp;&nbsp;&nbsp; 1822754 |
| Itau Unibanco Holding SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;1613573 | &nbsp;&nbsp;&nbsp;&nbsp; 14073714 |
| Itausa SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;1732038 | &nbsp;&nbsp;&nbsp;&nbsp; 4868930 |
| Klabin SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272674 | &nbsp;&nbsp;&nbsp;&nbsp; 962547 |
| Localiza Rent a Car SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275200 | &nbsp;&nbsp;&nbsp;&nbsp; 2551483 |
| Localiza Rent a Car SA, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8622 | &nbsp;&nbsp;&nbsp;&nbsp; 76856 |
| Motiva Infraestrutura de Mobilidade SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309000 | &nbsp;&nbsp;&nbsp;&nbsp; 998425 |
| NU Holdings Ltd., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983700 | &nbsp;&nbsp;&nbsp;&nbsp; 14243976 |
| Petroleo Brasileiro SA - Petrobras | &nbsp;&nbsp;&nbsp;&nbsp;1128300 | &nbsp;&nbsp;&nbsp;&nbsp; 12470588 |
| Petroleo Brasileiro SA - Petrobras, PFC Shares | &nbsp;&nbsp;&nbsp;&nbsp;1388100 | &nbsp;&nbsp;&nbsp;&nbsp; 13758219 |
| Porto Seguro SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47100 | &nbsp;&nbsp;&nbsp;&nbsp; 473587 |
| Prio SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259900 | &nbsp;&nbsp;&nbsp;&nbsp; 3485593 |
| Raia Drogasil SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394982 | &nbsp;&nbsp;&nbsp;&nbsp; 1750052 |
| Rede D'Or Sao Luiz SA<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253400 | &nbsp;&nbsp;&nbsp;&nbsp; 1963520 |
| Rumo SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402600 | &nbsp;&nbsp;&nbsp;&nbsp; 1278908 |
| StoneCo Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68800 | &nbsp;&nbsp;&nbsp;&nbsp; 755424 |
| Suzano SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209700 | &nbsp;&nbsp;&nbsp;&nbsp; 1856547 |
| Telefonica Brasil SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248000 | &nbsp;&nbsp;&nbsp;&nbsp; 1965750 |
| TIM SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275100 | &nbsp;&nbsp;&nbsp;&nbsp; 1430556 |
| TOTVS SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162100 | &nbsp;&nbsp;&nbsp;&nbsp; 1042955 |
| Ultrapar Participacoes SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230200 | &nbsp;&nbsp;&nbsp;&nbsp; 1391855 |
| Vale SA | &nbsp;&nbsp;&nbsp;&nbsp;1106300 | &nbsp;&nbsp;&nbsp;&nbsp; 18136725 |
| Vibra Energia SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;331400 | &nbsp;&nbsp;&nbsp;&nbsp; 2228608 |
| WEG SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541300 | &nbsp;&nbsp;&nbsp;&nbsp; 4903816 |
|  |  | &nbsp;&nbsp;**$163170782** |
| Bulgaria — 0.0%<sup>†</sup> | Bulgaria — 0.0%<sup>†</sup> | Bulgaria — 0.0%<sup>†</sup> |
| Eurohold Bulgaria AD<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;944905 | &nbsp;&nbsp;$1210763 |
|  |  | &nbsp;&nbsp;**$1210763** |
| Canada — 0.4% | Canada — 0.4% | Canada — 0.4% |
| Eco Atlantic Oil & Gas Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3392600 | &nbsp;&nbsp;$3022709 |
| G Mining Ventures Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107200 | &nbsp;&nbsp;&nbsp;&nbsp; 3715520 |
| G2 Goldfields, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452500 | &nbsp;&nbsp;&nbsp;&nbsp; 3461166 |

---

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Canada (continued) | Canada (continued) | Canada (continued) |
| Lithium Argentina AG<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344065 | &nbsp;&nbsp;$3499141 |
| Omai Gold Mines Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1412000 | &nbsp;&nbsp;&nbsp;&nbsp; 2411632 |
|  |  | &nbsp;&nbsp;**$16110168** |
| Chile — 4.9% | Chile — 4.9% | Chile — 4.9% |
| Banco de Chile | 148413700 | &nbsp;&nbsp;$27821899 |
| Banco de Credito e Inversiones SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291469 | &nbsp;&nbsp;&nbsp;&nbsp; 19694508 |
| Banco Santander Chile | 219600100 | &nbsp;&nbsp;&nbsp;&nbsp; 17559515 |
| Cencosud SA | &nbsp;&nbsp;&nbsp;&nbsp;4176800 | &nbsp;&nbsp;&nbsp;&nbsp; 10560252 |
| Empresas CMPC SA | &nbsp;&nbsp;&nbsp;&nbsp;3778200 | &nbsp;&nbsp;&nbsp;&nbsp; 4686377 |
| Empresas COPEC SA | &nbsp;&nbsp;&nbsp;&nbsp;1288000 | &nbsp;&nbsp;&nbsp;&nbsp; 9022198 |
| Enel Americas SA | 37256118 | &nbsp;&nbsp;&nbsp;&nbsp; 3477972 |
| Enel Chile SA | 93691114 | &nbsp;&nbsp;&nbsp;&nbsp; 8413156 |
| Falabella SA | &nbsp;&nbsp;&nbsp;&nbsp;2127800 | &nbsp;&nbsp;&nbsp;&nbsp; 12887732 |
| Latam Airlines Group SA | 823778422 | &nbsp;&nbsp;&nbsp;&nbsp; 19591756 |
| Plaza SA | &nbsp;&nbsp;&nbsp;&nbsp;1338000 | &nbsp;&nbsp;&nbsp;&nbsp; 6646655 |
| Sociedad Quimica y Minera de Chile SA, Series B, PFC Shares<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;469579 | &nbsp;&nbsp;&nbsp;&nbsp; 43186906 |
|  |  | &nbsp;&nbsp;**$183548926** |
| China — 0.7% | China — 0.7% | China — 0.7% |
| Alibaba Group Holding Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;785600 | &nbsp;&nbsp;$12947481 |
| Ganfeng Lithium Group Co. Ltd., Class H<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2800 | &nbsp;&nbsp;&nbsp;&nbsp; 30117 |
| Tencent Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212600 | &nbsp;&nbsp;&nbsp;&nbsp; 12911673 |
|  |  | &nbsp;&nbsp;**$25889271** |
| Colombia — 0.1% | Colombia — 0.1% | Colombia — 0.1% |
| Aris Mining Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214100 | &nbsp;&nbsp;$3826958 |
|  |  | &nbsp;&nbsp;**$3826958** |
| Cyprus — 2.5% | Cyprus — 2.5% | Cyprus — 2.5% |
| Bank of Cyprus Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp;7448732 | &nbsp;&nbsp;$80720694 |
| Sunrisemezz PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| Theon International PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379125 | &nbsp;&nbsp;&nbsp;&nbsp; 14109822 |
|  |  | &nbsp;&nbsp;**$94830516** |
| Egypt — 1.8% | Egypt — 1.8% | Egypt — 1.8% |
| Abou Kir Fertilizers & Chemical Industries | &nbsp;&nbsp;&nbsp;&nbsp;1554000 | &nbsp;&nbsp;$2627774 |
| Commercial International Bank - Egypt (CIB) | 13742300 | &nbsp;&nbsp;&nbsp;&nbsp; 34605558 |
| Eastern Co. SAE | 10001100 | &nbsp;&nbsp;&nbsp;&nbsp; 7427165 |
| EFG Holding SAE<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4673000 | &nbsp;&nbsp;&nbsp;&nbsp; 2433762 |
| E-Finance for Digital & Financial Investments | &nbsp;&nbsp;&nbsp;&nbsp;5977000 | &nbsp;&nbsp;&nbsp;&nbsp; 2295006 |
| Fawry for Banking & Payment Technology Services SAE<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;8384000 | &nbsp;&nbsp;&nbsp;&nbsp; 2982662 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Egypt (continued) | Egypt (continued) | Egypt (continued) |
| Talaat Moustafa Group | &nbsp;&nbsp;&nbsp;&nbsp;4869600 | &nbsp;&nbsp;$8546988 |
| Telecom Egypt Co. | &nbsp;&nbsp;&nbsp;&nbsp;2522000 | &nbsp;&nbsp;&nbsp;&nbsp; 4394375 |
|  |  | &nbsp;&nbsp;**$65313290** |
| France — 0.1% | France — 0.1% | France — 0.1% |
| Rubis SCA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50500 | &nbsp;&nbsp;$2081330 |
|  |  | &nbsp;&nbsp;**$2081330** |
| Georgia — 1.6% | Georgia — 1.6% | Georgia — 1.6% |
| Georgia Capital PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;816886 | &nbsp;&nbsp;$43520499 |
| Lion Finance Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52183 | &nbsp;&nbsp;&nbsp;&nbsp; 7820422 |
| TBC Bank Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108473 | &nbsp;&nbsp;&nbsp;&nbsp; 7182340 |
|  |  | &nbsp;&nbsp;**$58523261** |
| Greece — 8.5% | Greece — 8.5% | Greece — 8.5% |
| Aegean Airlines SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118953 | &nbsp;&nbsp;$1559769 |
| Aktor SA Holding Co. Technical & Energy Projects<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750000 | &nbsp;&nbsp;&nbsp;&nbsp; 9544789 |
| Alpha Bank SA | &nbsp;&nbsp;&nbsp;&nbsp;8023754 | &nbsp;&nbsp;&nbsp;&nbsp; 32201165 |
| Athens International Airport SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97384 | &nbsp;&nbsp;&nbsp;&nbsp; 1110422 |
| Athens Water Supply & Sewage Co. SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106068 | &nbsp;&nbsp;&nbsp;&nbsp; 1280592 |
| Autohellas Tourist & Trading SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49238 | &nbsp;&nbsp;&nbsp;&nbsp; 626459 |
| Avax SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281000 | &nbsp;&nbsp;&nbsp;&nbsp; 1008912 |
| CrediaBank SA<sup>(1)</sup> | 10196963 | &nbsp;&nbsp;&nbsp;&nbsp; 14466355 |
| Ellaktor SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333572 | &nbsp;&nbsp;&nbsp;&nbsp; 517180 |
| Eurobank SA | &nbsp;&nbsp;&nbsp;&nbsp;9679687 | &nbsp;&nbsp;&nbsp;&nbsp; 42116817 |
| GEK TERNA SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253325 | &nbsp;&nbsp;&nbsp;&nbsp; 12173952 |
| Hellenic Telecommunications Organization SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;621243 | &nbsp;&nbsp;&nbsp;&nbsp; 13282069 |
| Helleniq Energy Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288405 | &nbsp;&nbsp;&nbsp;&nbsp; 3329224 |
| Holding Co. ADMIE IPTO SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711857 | &nbsp;&nbsp;&nbsp;&nbsp; 2744943 |
| Ideal Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;394993 | &nbsp;&nbsp;&nbsp;&nbsp; 2708423 |
| JUMBO SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403637 | &nbsp;&nbsp;&nbsp;&nbsp; 11017133 |
| LAMDA Development SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232506 | &nbsp;&nbsp;&nbsp;&nbsp; 1656260 |
| Metlen Energy & Metals PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361731 | &nbsp;&nbsp;&nbsp;&nbsp; 15287584 |
| Motor Oil (Hellas) Corinth Refineries SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207214 | &nbsp;&nbsp;&nbsp;&nbsp; 9249060 |
| National Bank of Greece SA | &nbsp;&nbsp;&nbsp;&nbsp;3056224 | &nbsp;&nbsp;&nbsp;&nbsp; 48435599 |
| Noval Property Real Estate Investment Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;413837 | &nbsp;&nbsp;&nbsp;&nbsp; 1273540 |
| Optima bank SA | &nbsp;&nbsp;&nbsp;&nbsp;1389042 | &nbsp;&nbsp;&nbsp;&nbsp; 14532241 |
| Piraeus Bank SA | &nbsp;&nbsp;&nbsp;&nbsp;4251258 | &nbsp;&nbsp;&nbsp;&nbsp; 40246864 |
| Public Power Corp. SA<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;768290 | &nbsp;&nbsp;&nbsp;&nbsp; 16312804 |
| Qualco Group SA<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1030636 | &nbsp;&nbsp;&nbsp;&nbsp; 6699654 |
| Sarantis SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126905 | &nbsp;&nbsp;&nbsp;&nbsp; 2128131 |
| Titan SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161695 | &nbsp;&nbsp;&nbsp;&nbsp; 8691488 |
| Trade Estates Real Estate Investment SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456600 | &nbsp;&nbsp;&nbsp;&nbsp; 1072087 |
|  |  | &nbsp;&nbsp;**$315273516** |

---

*10*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Hong Kong — 0.1% | Hong Kong — 0.1% | Hong Kong — 0.1% |
| Zijin Gold International Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153800 | &nbsp;&nbsp;$3038091 |
|  |  | &nbsp;&nbsp;**$3038091** |
| Hungary — 3.5% | Hungary — 3.5% | Hungary — 3.5% |
| Magyar Telekom Telecommunications PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792500 | &nbsp;&nbsp;$6277621 |
| MOL Hungarian Oil & Gas PLC | &nbsp;&nbsp;&nbsp;&nbsp;1176800 | &nbsp;&nbsp;&nbsp;&nbsp; 15717571 |
| OTP Bank Nyrt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684492 | &nbsp;&nbsp;&nbsp;&nbsp; 91810161 |
| Richter Gedeon Nyrt | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390100 | &nbsp;&nbsp;&nbsp;&nbsp; 16454313 |
|  |  | &nbsp;&nbsp;**$130259666** |
| India — 3.6% | India — 3.6% | India — 3.6% |
| Adani Energy Solutions Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44159 | &nbsp;&nbsp;$627799 |
| Adani Enterprises Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp; 612233 |
| Adani Green Energy Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14178 | &nbsp;&nbsp;&nbsp;&nbsp; 184550 |
| Adani Ports & Special Economic Zone Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50800 | &nbsp;&nbsp;&nbsp;&nbsp; 892600 |
| Adani Power Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429700 | &nbsp;&nbsp;&nbsp;&nbsp; 1011108 |
| Ambuja Cements Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57100 | &nbsp;&nbsp;&nbsp;&nbsp; 268552 |
| APL Apollo Tubes Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26800 | &nbsp;&nbsp;&nbsp;&nbsp; 540407 |
| Apollo Hospitals Enterprise Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10219 | &nbsp;&nbsp;&nbsp;&nbsp; 824885 |
| Ashok Leyland Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436200 | &nbsp;&nbsp;&nbsp;&nbsp; 749735 |
| Asian Paints Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36011 | &nbsp;&nbsp;&nbsp;&nbsp; 934429 |
| AU Small Finance Bank Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54300 | &nbsp;&nbsp;&nbsp;&nbsp; 583277 |
| Aurobindo Pharma Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38800 | &nbsp;&nbsp;&nbsp;&nbsp; 570962 |
| Avenue Supermarts Ltd.<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16655 | &nbsp;&nbsp;&nbsp;&nbsp; 808547 |
| Axis Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215077 | &nbsp;&nbsp;&nbsp;&nbsp; 2884735 |
| Bajaj Auto Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6700 | &nbsp;&nbsp;&nbsp;&nbsp; 707887 |
| Bajaj Finance Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257360 | &nbsp;&nbsp;&nbsp;&nbsp; 2556263 |
| Bajaj Finserv Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35600 | &nbsp;&nbsp;&nbsp;&nbsp; 658514 |
| Bharat Forge Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35500 | &nbsp;&nbsp;&nbsp;&nbsp; 707666 |
| Bharat Petroleum Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225500 | &nbsp;&nbsp;&nbsp;&nbsp; 718032 |
| Bharti Airtel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245505 | &nbsp;&nbsp;&nbsp;&nbsp; 4907627 |
| Britannia Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10900 | &nbsp;&nbsp;&nbsp;&nbsp; 658178 |
| BSE Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29600 | &nbsp;&nbsp;&nbsp;&nbsp; 1143285 |
| CG Power & Industrial Solutions Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105300 | &nbsp;&nbsp;&nbsp;&nbsp; 904616 |
| Cholamandalam Investment & Finance Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42500 | &nbsp;&nbsp;&nbsp;&nbsp; 704533 |
| Cipla Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53473 | &nbsp;&nbsp;&nbsp;&nbsp; 741049 |
| Coal India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179200 | &nbsp;&nbsp;&nbsp;&nbsp; 911417 |
| Cummins India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000 | &nbsp;&nbsp;&nbsp;&nbsp; 724285 |
| Divi's Laboratories Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11252 | &nbsp;&nbsp;&nbsp;&nbsp; 774227 |
| Dixon Technologies India Ltd.<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp; 639476 |
| DLF Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116700 | &nbsp;&nbsp;&nbsp;&nbsp; 726415 |
| Dr. Reddy's Laboratories Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51930 | &nbsp;&nbsp;&nbsp;&nbsp; 725248 |
| Eicher Motors Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12890 | &nbsp;&nbsp;&nbsp;&nbsp; 969906 |
| Eternal Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208463 | &nbsp;&nbsp;&nbsp;&nbsp; 546988 |
| Fortis Healthcare Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46100 | &nbsp;&nbsp;&nbsp;&nbsp; 450885 |
| FSN E-Commerce Ventures Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109100 | &nbsp;&nbsp;&nbsp;&nbsp; 306198 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| India (continued) | India (continued) | India (continued) |
| GAIL (India) Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88026 | &nbsp;&nbsp;$152275 |
| GE Vernova T&D India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19000 | &nbsp;&nbsp;&nbsp;&nbsp; 893789 |
| Godrej Consumer Products Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54300 | &nbsp;&nbsp;&nbsp;&nbsp; 613759 |
| Godrej Properties Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23800 | &nbsp;&nbsp;&nbsp;&nbsp; 462162 |
| Grasim Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25223 | &nbsp;&nbsp;&nbsp;&nbsp; 745893 |
| Havells India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9907 | &nbsp;&nbsp;&nbsp;&nbsp; 129749 |
| HCL Technologies Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89142 | &nbsp;&nbsp;&nbsp;&nbsp; 1133792 |
| HDFC Asset Management Co. Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18600 | &nbsp;&nbsp;&nbsp;&nbsp; 533692 |
| HDFC Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1047438 | &nbsp;&nbsp;&nbsp;&nbsp; 8567070 |
| HDFC Life Insurance Co. Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97800 | &nbsp;&nbsp;&nbsp;&nbsp; 607478 |
| Hero MotoCorp Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11100 | &nbsp;&nbsp;&nbsp;&nbsp; 599810 |
| Hindalco Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126009 | &nbsp;&nbsp;&nbsp;&nbsp; 1384409 |
| Hindustan Petroleum Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142200 | &nbsp;&nbsp;&nbsp;&nbsp; 563662 |
| Hindustan Unilever Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77230 | &nbsp;&nbsp;&nbsp;&nbsp; 1835968 |
| Hyundai Motor India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24100 | &nbsp;&nbsp;&nbsp;&nbsp; 463747 |
| ICICI Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498674 | &nbsp;&nbsp;&nbsp;&nbsp; 6691374 |
| ICICI Lombard General Insurance Co. Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36200 | &nbsp;&nbsp;&nbsp;&nbsp; 675312 |
| ICICI Prudential Life Insurance Co. Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33200 | &nbsp;&nbsp;&nbsp;&nbsp; 180205 |
| IDFC First Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335200 | &nbsp;&nbsp;&nbsp;&nbsp; 247304 |
| Indian Hotels Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126900 | &nbsp;&nbsp;&nbsp;&nbsp; 854508 |
| Indian Oil Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419500 | &nbsp;&nbsp;&nbsp;&nbsp; 631523 |
| Indian Railway Catering & Tourism Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9683 | &nbsp;&nbsp;&nbsp;&nbsp; 55313 |
| Indus Towers Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195900 | &nbsp;&nbsp;&nbsp;&nbsp; 849179 |
| IndusInd Bank Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85600 | &nbsp;&nbsp;&nbsp;&nbsp; 831134 |
| Info Edge India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53000 | &nbsp;&nbsp;&nbsp;&nbsp; 546170 |
| Infosys Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303697 | &nbsp;&nbsp;&nbsp;&nbsp; 3823277 |
| InterGlobe Aviation Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17500 | &nbsp;&nbsp;&nbsp;&nbsp; 799228 |
| ITC Hotels Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4344 | &nbsp;&nbsp;&nbsp;&nbsp; 7395 |
| ITC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286445 | &nbsp;&nbsp;&nbsp;&nbsp; 953730 |
| Jindal Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33391 | &nbsp;&nbsp;&nbsp;&nbsp; 432085 |
| Jio Financial Services Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321200 | &nbsp;&nbsp;&nbsp;&nbsp; 837454 |
| JSW Energy Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100600 | &nbsp;&nbsp;&nbsp;&nbsp; 597182 |
| JSW Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56983 | &nbsp;&nbsp;&nbsp;&nbsp; 762868 |
| Jubilant Foodworks Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15996 | &nbsp;&nbsp;&nbsp;&nbsp; 80951 |
| Kotak Mahindra Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520920 | &nbsp;&nbsp;&nbsp;&nbsp; 2115600 |
| KPIT Technologies Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;119000 | &nbsp;&nbsp;&nbsp;&nbsp; 956864 |
| Kwality Wall's India Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114830 | &nbsp;&nbsp;&nbsp;&nbsp; 32944 |
| Larsen & Toubro Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62393 | &nbsp;&nbsp;&nbsp;&nbsp; 2650443 |
| Lodha Developers Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28600 | &nbsp;&nbsp;&nbsp;&nbsp; 272604 |
| LTM Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11028 | &nbsp;&nbsp;&nbsp;&nbsp; 500058 |
| Lupin Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37300 | &nbsp;&nbsp;&nbsp;&nbsp; 911728 |
| Mahindra & Mahindra Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85846 | &nbsp;&nbsp;&nbsp;&nbsp; 2815513 |
| Malco Energy Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130300 | &nbsp;&nbsp;&nbsp;&nbsp; 166153 |
| Mankind Pharma Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34600 | &nbsp;&nbsp;&nbsp;&nbsp; 823572 |
| Marico Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49300 | &nbsp;&nbsp;&nbsp;&nbsp; 403578 |
| Maruti Suzuki India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11757 | &nbsp;&nbsp;&nbsp;&nbsp; 1658686 |

---

*11*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| India (continued) | India (continued) | India (continued) |
| Max Healthcare Institute Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73300 | &nbsp;&nbsp;$771227 |
| Mphasis Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3178 | &nbsp;&nbsp;&nbsp;&nbsp; 76727 |
| MRF Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 411484 |
| Muthoot Finance Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11300 | &nbsp;&nbsp;&nbsp;&nbsp; 409464 |
| Nestle India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64406 | &nbsp;&nbsp;&nbsp;&nbsp; 992253 |
| NTPC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419756 | &nbsp;&nbsp;&nbsp;&nbsp; 1772413 |
| Oil & Natural Gas Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237601 | &nbsp;&nbsp;&nbsp;&nbsp; 753225 |
| One 97 Communications Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36100 | &nbsp;&nbsp;&nbsp;&nbsp; 419537 |
| PB Fintech Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51200 | &nbsp;&nbsp;&nbsp;&nbsp; 903497 |
| Persistent Systems Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16700 | &nbsp;&nbsp;&nbsp;&nbsp; 853259 |
| Petronet LNG Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28740 | &nbsp;&nbsp;&nbsp;&nbsp; 84091 |
| Phoenix Mills Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29200 | &nbsp;&nbsp;&nbsp;&nbsp; 544551 |
| PI Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22263 | &nbsp;&nbsp;&nbsp;&nbsp; 718227 |
| Pidilite Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45300 | &nbsp;&nbsp;&nbsp;&nbsp; 659449 |
| Polycab India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7800 | &nbsp;&nbsp;&nbsp;&nbsp; 669922 |
| Power Finance Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149900 | &nbsp;&nbsp;&nbsp;&nbsp; 711630 |
| Power Grid Corp. of India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447817 | &nbsp;&nbsp;&nbsp;&nbsp; 1508026 |
| REC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176000 | &nbsp;&nbsp;&nbsp;&nbsp; 660827 |
| Reliance Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582010 | &nbsp;&nbsp;&nbsp;&nbsp; 8826993 |
| Samvardhana Motherson International Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627100 | &nbsp;&nbsp;&nbsp;&nbsp; 806533 |
| SBI Life Insurance Co. Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42500 | &nbsp;&nbsp;&nbsp;&nbsp; 816242 |
| Shriram Finance Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127400 | &nbsp;&nbsp;&nbsp;&nbsp; 1267070 |
| Solar Industries India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 653404 |
| SRF Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22381 | &nbsp;&nbsp;&nbsp;&nbsp; 597553 |
| State Bank of India | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175892 | &nbsp;&nbsp;&nbsp;&nbsp; 1989514 |
| Sun Pharmaceutical Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91399 | &nbsp;&nbsp;&nbsp;&nbsp; 1750820 |
| Sundaram Finance Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9900 | &nbsp;&nbsp;&nbsp;&nbsp; 474548 |
| Suzlon Energy Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1527100 | &nbsp;&nbsp;&nbsp;&nbsp; 900254 |
| Swiggy Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205000 | &nbsp;&nbsp;&nbsp;&nbsp; 588248 |
| Talwandi Sabo Power Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130300 | &nbsp;&nbsp;&nbsp;&nbsp; 166153 |
| Tata Consultancy Services Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84859 | &nbsp;&nbsp;&nbsp;&nbsp; 2226895 |
| Tata Consumer Products Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55947 | &nbsp;&nbsp;&nbsp;&nbsp; 676077 |
| Tata Elxsi Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1296 | &nbsp;&nbsp;&nbsp;&nbsp; 56755 |
| Tata Motors Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184264 | &nbsp;&nbsp;&nbsp;&nbsp; 805104 |
| Tata Motors Passenger Vehicles Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188164 | &nbsp;&nbsp;&nbsp;&nbsp; 680351 |
| Tata Power Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161000 | &nbsp;&nbsp;&nbsp;&nbsp; 757662 |
| Tata Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;708333 | &nbsp;&nbsp;&nbsp;&nbsp; 1583944 |
| Tech Mahindra Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50467 | &nbsp;&nbsp;&nbsp;&nbsp; 788877 |
| Titan Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33636 | &nbsp;&nbsp;&nbsp;&nbsp; 1561539 |
| Torrent Pharmaceuticals Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17600 | &nbsp;&nbsp;&nbsp;&nbsp; 777575 |
| Trent Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16764 | &nbsp;&nbsp;&nbsp;&nbsp; 735983 |
| Tube Investments of India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4113 | &nbsp;&nbsp;&nbsp;&nbsp; 128073 |
| TVS Motor Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;&nbsp; 851733 |
| UltraTech Cement Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11009 | &nbsp;&nbsp;&nbsp;&nbsp; 1350789 |
| United Spirits Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43200 | &nbsp;&nbsp;&nbsp;&nbsp; 605205 |
| UPL Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20280 | &nbsp;&nbsp;&nbsp;&nbsp; 137978 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| India (continued) | India (continued) | India (continued) |
| Varun Beverages Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128047 | &nbsp;&nbsp;$697472 |
| Vedanta Aluminium Metal Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130300 | &nbsp;&nbsp;&nbsp;&nbsp; 166153 |
| Vedanta Iron & Steel Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130300 | &nbsp;&nbsp;&nbsp;&nbsp; 166153 |
| Vedanta Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130300 | &nbsp;&nbsp;&nbsp;&nbsp; 374193 |
| Vodafone Idea Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4023100 | &nbsp;&nbsp;&nbsp;&nbsp; 435393 |
| Wipro Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239042 | &nbsp;&nbsp;&nbsp;&nbsp; 509342 |
| Yes Bank Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2329900 | &nbsp;&nbsp;&nbsp;&nbsp; 492356 |
|  |  | &nbsp;&nbsp;**$132850447** |
| Japan — 0.1% | Japan — 0.1% | Japan — 0.1% |
| Modec, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52300 | &nbsp;&nbsp;$4324202 |
|  |  | &nbsp;&nbsp;**$4324202** |
| Kazakhstan — 3.0% | Kazakhstan — 3.0% | Kazakhstan — 3.0% |
| Halyk Savings Bank of Kazakhstan JSC GDR<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1015500 | &nbsp;&nbsp;$34831650 |
| Kaspi.KZ JSC ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400600 | &nbsp;&nbsp;&nbsp;&nbsp; 34387504 |
| NAC Kazatomprom JSC GDR<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494100 | &nbsp;&nbsp;&nbsp;&nbsp; 43381980 |
|  |  | &nbsp;&nbsp;**$112601134** |
| Kuwait — 2.1% | Kuwait — 2.1% | Kuwait — 2.1% |
| Boubyan Bank KSCP | &nbsp;&nbsp;&nbsp;&nbsp;1980837 | &nbsp;&nbsp;$4377991 |
| Gulf Bank KSCP | &nbsp;&nbsp;&nbsp;&nbsp;2498500 | &nbsp;&nbsp;&nbsp;&nbsp; 2758441 |
| Kuwait Finance House KSCP | 13983273 | &nbsp;&nbsp;&nbsp;&nbsp; 35927371 |
| Mabanee Co. KPSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868691 | &nbsp;&nbsp;&nbsp;&nbsp; 2841199 |
| Mobile Telecommunications Co. KSCP | &nbsp;&nbsp;&nbsp;&nbsp;2324600 | &nbsp;&nbsp;&nbsp;&nbsp; 4309453 |
| National Bank of Kuwait SAKP | 10489117 | &nbsp;&nbsp;&nbsp;&nbsp; 29348959 |
|  |  | &nbsp;&nbsp;**$79563414** |
| Luxembourg — 0.1% | Luxembourg — 0.1% | Luxembourg — 0.1% |
| Reinet Investments SCA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59600 | &nbsp;&nbsp;$2052377 |
|  |  | &nbsp;&nbsp;**$2052377** |
| Myanmar — 0.0%<sup>†</sup> | Myanmar — 0.0%<sup>†</sup> | Myanmar — 0.0%<sup>†</sup> |
| Yoma Strategic Holdings Ltd.<sup>(1)</sup> | 30000000 | &nbsp;&nbsp;$1866750 |
|  |  | &nbsp;&nbsp;**$1866750** |
| Netherlands — 0.1% | Netherlands — 0.1% | Netherlands — 0.1% |
| Euronext NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4350 | &nbsp;&nbsp;$728152 |
| SBM Offshore NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57400 | &nbsp;&nbsp;&nbsp;&nbsp; 2455652 |
|  |  | &nbsp;&nbsp;**$3183804** |
| Nigeria — 2.0% | Nigeria — 2.0% | Nigeria — 2.0% |
| Access Holdings PLC | 180636000 | &nbsp;&nbsp;$3557544 |
| Dangote Cement PLC | &nbsp;&nbsp;&nbsp;&nbsp;6821000 | &nbsp;&nbsp;&nbsp;&nbsp; 4904136 |
| Fidelity Bank PLC<sup>(1)</sup> | 201131544 | &nbsp;&nbsp;&nbsp;&nbsp; 2915674 |

---

*12*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Nigeria (continued) | Nigeria (continued) | Nigeria (continued) |
| First HoldCo PLC | 126904487 | &nbsp;&nbsp;$5940904 |
| Guaranty Trust Holding Co. PLC | 112413000 | &nbsp;&nbsp;&nbsp;&nbsp; 11039754 |
| Guaranty Trust Holding Co. PLC | 40000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3939720 |
| MTN Nigeria Communications PLC | 10899410 | &nbsp;&nbsp;&nbsp;&nbsp; 7263940 |
| Nestle Nigeria PLC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370301 | &nbsp;&nbsp;&nbsp;&nbsp; 850385 |
| Nigerian Breweries PLC<sup>(1)</sup> | 38842000 | &nbsp;&nbsp;&nbsp;&nbsp; 2224087 |
| Oando PLC<sup>(1)</sup> | 39711121 | &nbsp;&nbsp;&nbsp;&nbsp; 1332054 |
| Presco PLC | &nbsp;&nbsp;&nbsp;&nbsp;1802500 | &nbsp;&nbsp;&nbsp;&nbsp; 3068421 |
| SEPLAT Energy PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835000 | &nbsp;&nbsp;&nbsp;&nbsp; 6985390 |
| Stanbic IBTC Holdings PLC | 18733000 | &nbsp;&nbsp;&nbsp;&nbsp; 2258406 |
| Transnational Corp. of Nigeria PLC | 10663709 | &nbsp;&nbsp;&nbsp;&nbsp; 346246 |
| United Bank for Africa PLC | 132464318 | &nbsp;&nbsp;&nbsp;&nbsp; 4113775 |
| Zenith Bank PLC | 146664000 | &nbsp;&nbsp;&nbsp;&nbsp; 13939774 |
|  |  | &nbsp;&nbsp;**$74680210** |
| Oman — 2.9% | Oman — 2.9% | Oman — 2.9% |
| Asyad Shipping Co. | &nbsp;&nbsp;&nbsp;&nbsp;9119300 | &nbsp;&nbsp;$7043436 |
| Bank Muscat SAOG | 16427500 | &nbsp;&nbsp;&nbsp;&nbsp; 20361734 |
| Bank Nizwa SAOG | &nbsp;&nbsp;&nbsp;&nbsp;8808400 | &nbsp;&nbsp;&nbsp;&nbsp; 3549177 |
| National Bank of Oman SAOG | &nbsp;&nbsp;&nbsp;&nbsp;2846600 | &nbsp;&nbsp;&nbsp;&nbsp; 2988623 |
| Oman Telecommunications Co. SAOG | &nbsp;&nbsp;&nbsp;&nbsp;2625700 | &nbsp;&nbsp;&nbsp;&nbsp; 10580817 |
| Ominvest SAOG | &nbsp;&nbsp;&nbsp;&nbsp;3931560 | &nbsp;&nbsp;&nbsp;&nbsp; 3982823 |
| OQ Base Industries SAOG | 13627400 | &nbsp;&nbsp;&nbsp;&nbsp; 11204956 |
| OQ Exploration & Production SAOG | 13990400 | &nbsp;&nbsp;&nbsp;&nbsp; 18789123 |
| OQ Gas Networks SAOC | 17055800 | &nbsp;&nbsp;&nbsp;&nbsp; 12100289 |
| Sohar International Bank SAOG | 26064900 | &nbsp;&nbsp;&nbsp;&nbsp; 16156107 |
|  |  | &nbsp;&nbsp;**$106757085** |
| Pakistan — 1.6% | Pakistan — 1.6% | Pakistan — 1.6% |
| Askari Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1254000 | &nbsp;&nbsp;$421138 |
| Bank Al Habib Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2562900 | &nbsp;&nbsp;&nbsp;&nbsp; 1570155 |
| Bank Alfalah Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;8450400 | &nbsp;&nbsp;&nbsp;&nbsp; 1805492 |
| Bank of Punjab | &nbsp;&nbsp;&nbsp;&nbsp;4114300 | &nbsp;&nbsp;&nbsp;&nbsp; 498327 |
| DG Khan Cement Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855100 | &nbsp;&nbsp;&nbsp;&nbsp; 537254 |
| Engro Fertilizers Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2229600 | &nbsp;&nbsp;&nbsp;&nbsp; 1592820 |
| Engro Holdings Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2407742 | &nbsp;&nbsp;&nbsp;&nbsp; 2363224 |
| Fauji Fertilizer Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2206000 | &nbsp;&nbsp;&nbsp;&nbsp; 4016998 |
| Habib Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1895600 | &nbsp;&nbsp;&nbsp;&nbsp; 1925477 |
| Hub Power Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;3771800 | &nbsp;&nbsp;&nbsp;&nbsp; 2990039 |
| Interloop Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1375600 | &nbsp;&nbsp;&nbsp;&nbsp; 405117 |
| Lucky Cement Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1555700 | &nbsp;&nbsp;&nbsp;&nbsp; 2276868 |
| Maple Leaf Cement Factory Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1466600 | &nbsp;&nbsp;&nbsp;&nbsp; 419869 |
| Mari Energies Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593000 | &nbsp;&nbsp;&nbsp;&nbsp; 1340609 |
| MCB Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1075400 | &nbsp;&nbsp;&nbsp;&nbsp; 1520552 |
| Meezan Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456800 | &nbsp;&nbsp;&nbsp;&nbsp; 803795 |
| Millat Tractors Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;397311 | &nbsp;&nbsp;&nbsp;&nbsp; 747899 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Pakistan (continued) | Pakistan (continued) | Pakistan (continued) |
| National Bank of Pakistan | &nbsp;&nbsp;&nbsp;&nbsp;1491600 | &nbsp;&nbsp;$943557 |
| Oil & Gas Development Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1981300 | &nbsp;&nbsp;&nbsp;&nbsp; 2149262 |
| Pakistan Oilfields Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490300 | &nbsp;&nbsp;&nbsp;&nbsp; 1167772 |
| Pakistan Petroleum Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1883000 | &nbsp;&nbsp;&nbsp;&nbsp; 1392512 |
| Pakistan State Oil Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;786200 | &nbsp;&nbsp;&nbsp;&nbsp; 1009754 |
| Sazgar Engineering Works Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74800 | &nbsp;&nbsp;&nbsp;&nbsp; 531402 |
| SUI Northern Gas Pipeline | &nbsp;&nbsp;&nbsp;&nbsp;1067100 | &nbsp;&nbsp;&nbsp;&nbsp; 366015 |
| Systems Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2251800 | &nbsp;&nbsp;&nbsp;&nbsp; 1178351 |
| TRG Pakistan<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1518600 | &nbsp;&nbsp;&nbsp;&nbsp; 287069 |
| United Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1804500 | &nbsp;&nbsp;&nbsp;&nbsp; 2469561 |
| VEON Ltd. ADR<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474988 | &nbsp;&nbsp;&nbsp;&nbsp; 23625903 |
|  |  | &nbsp;&nbsp;**$60356791** |
| Poland — 0.3% | Poland — 0.3% | Poland — 0.3% |
| Budimex SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | &nbsp;&nbsp;$2908851 |
| LPP SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp; 5441773 |
| Powszechna Kasa Oszczednosci Bank Polski SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184300 | &nbsp;&nbsp;&nbsp;&nbsp; 4827850 |
|  |  | &nbsp;&nbsp;**$13178474** |
| Romania — 0.1% | Romania — 0.1% | Romania — 0.1% |
| NEPI Rockcastle NV | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267180 | &nbsp;&nbsp;$2266085 |
|  |  | &nbsp;&nbsp;**$2266085** |
| Slovenia — 1.8% | Slovenia — 1.8% | Slovenia — 1.8% |
| Nova Ljubljanska Banka DD<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72121 | &nbsp;&nbsp;$19132668 |
| Nova Ljubljanska Banka DD GDR<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;949166 | &nbsp;&nbsp;&nbsp;&nbsp; 49780391 |
|  |  | &nbsp;&nbsp;**$68913059** |
| South Africa — 3.8% | South Africa — 3.8% | South Africa — 3.8% |
| Absa Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441000 | &nbsp;&nbsp;$6183310 |
| Aspen Pharmacare Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122100 | &nbsp;&nbsp;&nbsp;&nbsp; 1014098 |
| Bid Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163000 | &nbsp;&nbsp;&nbsp;&nbsp; 4003653 |
| Bidvest Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141800 | &nbsp;&nbsp;&nbsp;&nbsp; 1992654 |
| Capitec Bank Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44749 | &nbsp;&nbsp;&nbsp;&nbsp; 11616819 |
| Clicks Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103200 | &nbsp;&nbsp;&nbsp;&nbsp; 1638356 |
| Discovery Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294200 | &nbsp;&nbsp;&nbsp;&nbsp; 4578992 |
| E Media Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68360 | &nbsp;&nbsp;&nbsp;&nbsp; 8781 |
| FirstRand Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2514400 | &nbsp;&nbsp;&nbsp;&nbsp; 13331547 |
| Gold Fields Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441800 | &nbsp;&nbsp;&nbsp;&nbsp; 18715636 |
| Harmony Gold Mining Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293200 | &nbsp;&nbsp;&nbsp;&nbsp; 4622043 |
| Impala Platinum Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450100 | &nbsp;&nbsp;&nbsp;&nbsp; 6309071 |
| Kumba Iron Ore Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20700 | &nbsp;&nbsp;&nbsp;&nbsp; 388261 |
| MTN Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877400 | &nbsp;&nbsp;&nbsp;&nbsp; 11044781 |
| Nedbank Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239600 | &nbsp;&nbsp;&nbsp;&nbsp; 3825557 |
| Old Mutual Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1832600 | &nbsp;&nbsp;&nbsp;&nbsp; 1498316 |
| OUTsurance Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368500 | &nbsp;&nbsp;&nbsp;&nbsp; 1566683 |

---

*13*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| South Africa (continued) | South Africa (continued) | South Africa (continued) |
| Pepkor Holdings Ltd.<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1536386 | &nbsp;&nbsp;$2029763 |
| Remgro Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212900 | &nbsp;&nbsp;&nbsp;&nbsp; 2505400 |
| Sanlam Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;909000 | &nbsp;&nbsp;&nbsp;&nbsp; 4681720 |
| Sasol Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231300 | &nbsp;&nbsp;&nbsp;&nbsp; 3214967 |
| Shoprite Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244800 | &nbsp;&nbsp;&nbsp;&nbsp; 4127314 |
| Sibanye Stillwater Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1474700 | &nbsp;&nbsp;&nbsp;&nbsp; 4408730 |
| Standard Bank Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661400 | &nbsp;&nbsp;&nbsp;&nbsp; 12746079 |
| Valterra Platinum Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132400 | &nbsp;&nbsp;&nbsp;&nbsp; 10663887 |
| Vodacom Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283000 | &nbsp;&nbsp;&nbsp;&nbsp; 2404181 |
| Woolworths Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307000 | &nbsp;&nbsp;&nbsp;&nbsp; 964786 |
|  |  | &nbsp;&nbsp;**$140085385** |
| South Korea — 14.7% | South Korea — 14.7% | South Korea — 14.7% |
| Celltrion, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32358 | &nbsp;&nbsp;$4407574 |
| Doosan Enerbility Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127109 | &nbsp;&nbsp;&nbsp;&nbsp; 11077893 |
| Hana Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88200 | &nbsp;&nbsp;&nbsp;&nbsp; 7662952 |
| Hanwha Aerospace Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9900 | &nbsp;&nbsp;&nbsp;&nbsp; 9509442 |
| HD Hyundai Heavy Industries Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10500 | &nbsp;&nbsp;&nbsp;&nbsp; 4889809 |
| HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12800 | &nbsp;&nbsp;&nbsp;&nbsp; 4008034 |
| Hyundai Mobis Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18300 | &nbsp;&nbsp;&nbsp;&nbsp; 5292706 |
| Hyundai Rotem Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;&nbsp; 4208891 |
| Industrial Bank of Korea | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84000 | &nbsp;&nbsp;&nbsp;&nbsp; 1287624 |
| Kakao Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93200 | &nbsp;&nbsp;&nbsp;&nbsp; 3000393 |
| KB Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111100 | &nbsp;&nbsp;&nbsp;&nbsp; 12166017 |
| KT&G Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28400 | &nbsp;&nbsp;&nbsp;&nbsp; 3423955 |
| LG Uplus Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32300 | &nbsp;&nbsp;&nbsp;&nbsp; 346344 |
| Meritz Financial Group, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23700 | &nbsp;&nbsp;&nbsp;&nbsp; 1793619 |
| NAVER Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42869 | &nbsp;&nbsp;&nbsp;&nbsp; 6157797 |
| Samsung Electro-Mechanics Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16900 | &nbsp;&nbsp;&nbsp;&nbsp; 9695278 |
| Samsung Electronics Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279800 | &nbsp;&nbsp;&nbsp;&nbsp; 30199898 |
| Samsung Electronics Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1509283 | &nbsp;&nbsp;&nbsp;&nbsp; 227279282 |
| Samsung Fire & Marine Insurance Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 2810570 |
| Samsung Life Insurance Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24100 | &nbsp;&nbsp;&nbsp;&nbsp; 4098909 |
| Shinhan Financial Group Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131600 | &nbsp;&nbsp;&nbsp;&nbsp; 8936784 |
| SK Hynix, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172500 | &nbsp;&nbsp;&nbsp;&nbsp; 153829979 |
| SK Square Co. Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40200 | &nbsp;&nbsp;&nbsp;&nbsp; 23396428 |
| SK Telecom Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31800 | &nbsp;&nbsp;&nbsp;&nbsp; 2060706 |
| Woori Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199000 | &nbsp;&nbsp;&nbsp;&nbsp; 4538024 |
|  |  | &nbsp;&nbsp;**$546078908** |
| Spain — 0.0%<sup>†</sup> | Spain — 0.0%<sup>†</sup> | Spain — 0.0%<sup>†</sup> |
| Ecogas Inversiones SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181105 | &nbsp;&nbsp;$364008 |
|  |  | &nbsp;&nbsp;**$364008** |
| Taiwan — 7.9% | Taiwan — 7.9% | Taiwan — 7.9% |
| Accton Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;$3295644 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Taiwan (continued) | Taiwan (continued) | Taiwan (continued) |
| Advantech Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42000 | &nbsp;&nbsp;$480289 |
| Alchip Technologies Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp; 936284 |
| ASE Technology Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372000 | &nbsp;&nbsp;&nbsp;&nbsp; 5830970 |
| Asia Vital Components Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29000 | &nbsp;&nbsp;&nbsp;&nbsp; 2655045 |
| Asustek Computer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64000 | &nbsp;&nbsp;&nbsp;&nbsp; 1185792 |
| Cathay Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839000 | &nbsp;&nbsp;&nbsp;&nbsp; 2048094 |
| Chailease Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138491 | &nbsp;&nbsp;&nbsp;&nbsp; 507563 |
| China Steel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1116000 | &nbsp;&nbsp;&nbsp;&nbsp; 662642 |
| Chunghwa Telecom Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp; 1481329 |
| Compal Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp; 249605 |
| CTBC Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1508000 | &nbsp;&nbsp;&nbsp;&nbsp; 2494267 |
| Delta Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204000 | &nbsp;&nbsp;&nbsp;&nbsp; 14305591 |
| E Ink Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78000 | &nbsp;&nbsp;&nbsp;&nbsp; 343221 |
| E.Sun Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1319699 | &nbsp;&nbsp;&nbsp;&nbsp; 1331596 |
| Elite Material Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;&nbsp; 4023125 |
| eMemory Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 759857 |
| Evergreen Marine Corp. Taiwan Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100000 | &nbsp;&nbsp;&nbsp;&nbsp; 639716 |
| Far EasTone Telecommunications Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162000 | &nbsp;&nbsp;&nbsp;&nbsp; 483143 |
| First Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1039760 | &nbsp;&nbsp;&nbsp;&nbsp; 949679 |
| Formosa Chemicals & Fibre Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;276000 | &nbsp;&nbsp;&nbsp;&nbsp; 459315 |
| Formosa Plastics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381000 | &nbsp;&nbsp;&nbsp;&nbsp; 622144 |
| Fubon Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753990 | &nbsp;&nbsp;&nbsp;&nbsp; 2148939 |
| Gigabyte Technology Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48000 | &nbsp;&nbsp;&nbsp;&nbsp; 417972 |
| Hon Hai Precision Industry Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1301000 | &nbsp;&nbsp;&nbsp;&nbsp; 9191589 |
| Hotai Motor Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;&nbsp; 422715 |
| Hua Nan Financial Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810565 | &nbsp;&nbsp;&nbsp;&nbsp; 822349 |
| International Games System Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23000 | &nbsp;&nbsp;&nbsp;&nbsp; 546689 |
| KGI Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1472580 | &nbsp;&nbsp;&nbsp;&nbsp; 1003634 |
| Largan Precision Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 | &nbsp;&nbsp;&nbsp;&nbsp; 722680 |
| Lite-On Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191000 | &nbsp;&nbsp;&nbsp;&nbsp; 1024118 |
| MediaTek, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167000 | &nbsp;&nbsp;&nbsp;&nbsp; 13941429 |
| Mega Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1067750 | &nbsp;&nbsp;&nbsp;&nbsp; 1321996 |
| Nan Ya Plastics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478000 | &nbsp;&nbsp;&nbsp;&nbsp; 1372044 |
| Novatek Microelectronics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53000 | &nbsp;&nbsp;&nbsp;&nbsp; 688410 |
| Pegatron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp;&nbsp;&nbsp; 470924 |
| PharmaEssentia Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25523 | &nbsp;&nbsp;&nbsp;&nbsp; 533968 |
| President Chain Store Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52000 | &nbsp;&nbsp;&nbsp;&nbsp; 367555 |
| Quanta Computer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243000 | &nbsp;&nbsp;&nbsp;&nbsp; 2422920 |
| Realtek Semiconductor Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44000 | &nbsp;&nbsp;&nbsp;&nbsp; 751186 |
| Shanghai Commercial & Savings Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357000 | &nbsp;&nbsp;&nbsp;&nbsp; 440475 |
| SinoPac Financial Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1014767 | &nbsp;&nbsp;&nbsp;&nbsp; 994331 |
| Taiwan Cooperative Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;992394 | &nbsp;&nbsp;&nbsp;&nbsp; 719991 |
| Taiwan Mobile Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159000 | &nbsp;&nbsp;&nbsp;&nbsp; 559835 |
| Taiwan Semiconductor Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;2778000 | &nbsp;&nbsp;&nbsp;&nbsp; 192853895 |
| TCC Group Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611000 | &nbsp;&nbsp;&nbsp;&nbsp; 474055 |
| TS Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1973608 | &nbsp;&nbsp;&nbsp;&nbsp; 1488723 |

---

*14*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Taiwan (continued) | Taiwan (continued) | Taiwan (continued) |
| TS Financial Holding Co. Ltd., PFC Shares<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237825 | &nbsp;&nbsp;$70688 |
| Unimicron Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120661 | &nbsp;&nbsp;&nbsp;&nbsp; 3427175 |
| Uni-President Enterprises Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434000 | &nbsp;&nbsp;&nbsp;&nbsp; 950618 |
| United Microelectronics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1032000 | &nbsp;&nbsp;&nbsp;&nbsp; 2592236 |
| Wistron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249000 | &nbsp;&nbsp;&nbsp;&nbsp; 1096631 |
| Wiwynn Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp; 1501405 |
| Yageo Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151952 | &nbsp;&nbsp;&nbsp;&nbsp; 1549255 |
| Yuanta Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973473 | &nbsp;&nbsp;&nbsp;&nbsp; 1612815 |
|  |  | &nbsp;&nbsp;**$294248156** |
| Togo — 0.0%<sup>†</sup> | Togo — 0.0%<sup>†</sup> | Togo — 0.0%<sup>†</sup> |
| Ecobank Transnational, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115300 | &nbsp;&nbsp;$6796 |
|  |  | &nbsp;&nbsp;**$6796** |
| United Arab Emirates — 1.8% | United Arab Emirates — 1.8% | United Arab Emirates — 1.8% |
| Abu Dhabi Commercial Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;955167 | &nbsp;&nbsp;$3590926 |
| Abu Dhabi Islamic Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;442427 | &nbsp;&nbsp;&nbsp;&nbsp; 2641911 |
| Abu Dhabi National Oil Co. for Distribution PJSC | &nbsp;&nbsp;&nbsp;&nbsp;3051276 | &nbsp;&nbsp;&nbsp;&nbsp; 3049338 |
| ADNOC Logistics & Services | &nbsp;&nbsp;&nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3195216 |
| Air Arabia PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695625 | &nbsp;&nbsp;&nbsp;&nbsp; 937422 |
| Aldar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;2814312 | &nbsp;&nbsp;&nbsp;&nbsp; 5918791 |
| Amanat Holdings PJSC | 10123250 | &nbsp;&nbsp;&nbsp;&nbsp; 3526177 |
| Dubai Electricity & Water Authority PJSC | &nbsp;&nbsp;&nbsp;&nbsp;1988024 | &nbsp;&nbsp;&nbsp;&nbsp; 1434621 |
| Dubai Islamic Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821514 | &nbsp;&nbsp;&nbsp;&nbsp; 1598858 |
| Emaar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp;3088505 | &nbsp;&nbsp;&nbsp;&nbsp; 9944981 |
| Emirates NBD Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;581987 | &nbsp;&nbsp;&nbsp;&nbsp; 4598202 |
| Emirates Telecommunications Group Co. PJSC | &nbsp;&nbsp;&nbsp;&nbsp;1069057 | &nbsp;&nbsp;&nbsp;&nbsp; 5414435 |
| First Abu Dhabi Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp;1376505 | &nbsp;&nbsp;&nbsp;&nbsp; 6585268 |
| Kyivstar Group Ltd.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589000 | &nbsp;&nbsp;&nbsp;&nbsp; 7003210 |
| Modon Holding PSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227300 | &nbsp;&nbsp;&nbsp;&nbsp; 181548 |
| National Central Cooling Co. PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;689840 | &nbsp;&nbsp;&nbsp;&nbsp; 510135 |
| Orascom Construction PLC<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272000 | &nbsp;&nbsp;&nbsp;&nbsp; 3049467 |
| Ras Al Khaimah Ceramics PJSC | &nbsp;&nbsp;&nbsp;&nbsp;3875806 | &nbsp;&nbsp;&nbsp;&nbsp; 2557220 |
| Taaleem Holdings PJSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29300 | &nbsp;&nbsp;&nbsp;&nbsp; 26103 |
| Talabat Holding PLC | &nbsp;&nbsp;&nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1215951 |
|  |  | &nbsp;&nbsp;**$66979780** |
| United States — 0.2% | United States — 0.2% | United States — 0.2% |
| ATN International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85300 | &nbsp;&nbsp;$2382429 |
| Noble Corp. PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94400 | &nbsp;&nbsp;&nbsp;&nbsp; 4817232 |
|  |  | &nbsp;&nbsp;**$7199661** |
| Vietnam — 11.2% | Vietnam — 11.2% | Vietnam — 11.2% |
| Airports Corp. of Vietnam JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2660285 | &nbsp;&nbsp;$4441379 |
| An Cuong Wood Working JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19500 | &nbsp;&nbsp;&nbsp;&nbsp; 24547 |
| Asia Commercial Bank JSC | &nbsp;&nbsp;&nbsp;&nbsp;3066532 | &nbsp;&nbsp;&nbsp;&nbsp; 2742821 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Vietnam (continued) | Vietnam (continued) | Vietnam (continued) |
| Ba Ria - Vung Tau House Development JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683648 | &nbsp;&nbsp;$497163 |
| Bank for Foreign Trade of Vietnam JSC | &nbsp;&nbsp;&nbsp;&nbsp;5490096 | &nbsp;&nbsp;&nbsp;&nbsp; 12497370 |
| Bank for Investment & Development of Vietnam JSC | &nbsp;&nbsp;&nbsp;&nbsp;7640253 | &nbsp;&nbsp;&nbsp;&nbsp; 11651703 |
| Baominh Insurance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1965398 | &nbsp;&nbsp;&nbsp;&nbsp; 1126629 |
| Binh Duong Water Environment Corp. JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977800 | &nbsp;&nbsp;&nbsp;&nbsp; 1611417 |
| Binh Minh Plastics JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418100 | &nbsp;&nbsp;&nbsp;&nbsp; 2302167 |
| Binh Son Refining & Petrochemical JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2948667 | &nbsp;&nbsp;&nbsp;&nbsp; 2659922 |
| Century Land JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520000 | &nbsp;&nbsp;&nbsp;&nbsp; 151528 |
| Century Synthetic Fiber Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20546 | &nbsp;&nbsp;&nbsp;&nbsp; 10261 |
| Coteccons Construction JSC | &nbsp;&nbsp;&nbsp;&nbsp;1138221 | &nbsp;&nbsp;&nbsp;&nbsp; 3768415 |
| Dat Xanh Real Estate Services JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592200 | &nbsp;&nbsp;&nbsp;&nbsp; 165552 |
| Digiworld Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1876240 | &nbsp;&nbsp;&nbsp;&nbsp; 3100780 |
| Dong Hai JSC of Bentre | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250320 | &nbsp;&nbsp;&nbsp;&nbsp; 339432 |
| Duc Giang Chemicals JSC | &nbsp;&nbsp;&nbsp;&nbsp;1624800 | &nbsp;&nbsp;&nbsp;&nbsp; 3308464 |
| FPT Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4014338 | &nbsp;&nbsp;&nbsp;&nbsp; 11533845 |
| FPT Digital Retail JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3081625 | &nbsp;&nbsp;&nbsp;&nbsp; 17405320 |
| Gelex Group JSC | &nbsp;&nbsp;&nbsp;&nbsp;2765750 | &nbsp;&nbsp;&nbsp;&nbsp; 4105851 |
| Gemadept Corp. | &nbsp;&nbsp;&nbsp;&nbsp;3433300 | &nbsp;&nbsp;&nbsp;&nbsp; 9829312 |
| Ho Chi Minh City Development Joint Stock Commercial Bank<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2105517 | &nbsp;&nbsp;&nbsp;&nbsp; 2132352 |
| Hoa Phat Group JSC | &nbsp;&nbsp;&nbsp;&nbsp;7071323 | &nbsp;&nbsp;&nbsp;&nbsp; 7457656 |
| IDICO Corp. JSC | &nbsp;&nbsp;&nbsp;&nbsp;1184845 | &nbsp;&nbsp;&nbsp;&nbsp; 2031688 |
| Khang Dien House Trading & Investment JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7815165 | &nbsp;&nbsp;&nbsp;&nbsp; 7545773 |
| Kinh Bac City Development Holding Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5670900 | &nbsp;&nbsp;&nbsp;&nbsp; 7302314 |
| Masan Group Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3177500 | &nbsp;&nbsp;&nbsp;&nbsp; 9270846 |
| Military Commercial Joint Stock Bank | &nbsp;&nbsp;&nbsp;&nbsp;5055996 | &nbsp;&nbsp;&nbsp;&nbsp; 5011052 |
| Mobile World Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;6665800 | &nbsp;&nbsp;&nbsp;&nbsp; 21320362 |
| Nam Long Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;7139034 | &nbsp;&nbsp;&nbsp;&nbsp; 7530660 |
| Novaland Investment Group Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7524 | &nbsp;&nbsp;&nbsp;&nbsp; 5841 |
| PC1 Group JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2525900 | &nbsp;&nbsp;&nbsp;&nbsp; 1870551 |
| PetroVietNam Ca Mau Fertilizer JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400200 | &nbsp;&nbsp;&nbsp;&nbsp; 650099 |
| PetroVietnam Drilling & Well Services JSC | &nbsp;&nbsp;&nbsp;&nbsp;1788000 | &nbsp;&nbsp;&nbsp;&nbsp; 2126088 |
| Petrovietnam Fertilizer & Chemicals JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742423 | &nbsp;&nbsp;&nbsp;&nbsp; 747707 |
| PetroVietnam Gas JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806284 | &nbsp;&nbsp;&nbsp;&nbsp; 2308721 |
| PetroVietnam Technical Services Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3508275 | &nbsp;&nbsp;&nbsp;&nbsp; 5067790 |
| Petrovietnam Transportation Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2790876 | &nbsp;&nbsp;&nbsp;&nbsp; 2337613 |
| Pha Lai Thermal Power JSC | &nbsp;&nbsp;&nbsp;&nbsp;3092560 | &nbsp;&nbsp;&nbsp;&nbsp; 1163929 |
| Phat Dat Real Estate Development Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4367954 | &nbsp;&nbsp;&nbsp;&nbsp; 2741856 |
| Phu Nhuan Jewelry JSC | &nbsp;&nbsp;&nbsp;&nbsp;4134849 | &nbsp;&nbsp;&nbsp;&nbsp; 10633022 |
| Phu Tai Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802440 | &nbsp;&nbsp;&nbsp;&nbsp; 1529321 |
| Phuoc Hoa Rubber JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878500 | &nbsp;&nbsp;&nbsp;&nbsp; 2048865 |
| Quang Ngai Sugar JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316000 | &nbsp;&nbsp;&nbsp;&nbsp; 541954 |
| Quang Ninh Thermal Power JSC | &nbsp;&nbsp;&nbsp;&nbsp;2650550 | &nbsp;&nbsp;&nbsp;&nbsp; 1247081 |
| Refrigeration Electrical Engineering Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1022324 | &nbsp;&nbsp;&nbsp;&nbsp; 2341891 |
| Sai Gon VRG Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;3029520 | &nbsp;&nbsp;&nbsp;&nbsp; 7003430 |
| Saigon Beer Alcohol Beverage Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4882300 | &nbsp;&nbsp;&nbsp;&nbsp; 8804359 |

---

*15*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Vietnam (continued) | Vietnam (continued) | Vietnam (continued) |
| Saigon Thuong Tin Commercial JSB<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2460000 | &nbsp;&nbsp;$6313825 |
| Sao Ta Foods JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402800 | &nbsp;&nbsp;&nbsp;&nbsp; 584242 |
| Sonadezi Chau Duc Shareholding Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932800 | &nbsp;&nbsp;&nbsp;&nbsp; 963124 |
| SSI Securities Corp. | &nbsp;&nbsp;&nbsp;&nbsp;7893396 | &nbsp;&nbsp;&nbsp;&nbsp; 8329855 |
| Taseco Air Services JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321674 | &nbsp;&nbsp;&nbsp;&nbsp; 864874 |
| Techcom Securities JSC | &nbsp;&nbsp;&nbsp;&nbsp;5639228 | &nbsp;&nbsp;&nbsp;&nbsp; 10870067 |
| Thien Long Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340494 | &nbsp;&nbsp;&nbsp;&nbsp; 645731 |
| Thu Dau Mot Water JSC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1800 | &nbsp;&nbsp;&nbsp;&nbsp; 3973 |
| Tien Phong Commercial Joint Stock Bank | &nbsp;&nbsp;&nbsp;&nbsp;2780925 | &nbsp;&nbsp;&nbsp;&nbsp; 1721141 |
| Vietjet Aviation JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144200 | &nbsp;&nbsp;&nbsp;&nbsp; 991573 |
| Vietnam Dairy Products JSC | &nbsp;&nbsp;&nbsp;&nbsp;2591800 | &nbsp;&nbsp;&nbsp;&nbsp; 6006526 |
| Vietnam Engine & Agricultural Machinery Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241100 | &nbsp;&nbsp;&nbsp;&nbsp; 305549 |
| Vietnam Joint Stock Commercial Bank for Industry & Trade | 10983268 | &nbsp;&nbsp;&nbsp;&nbsp; 14612338 |
| Vietnam National Petroleum Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;945900 | &nbsp;&nbsp;&nbsp;&nbsp; 1343916 |
| Vietnam Prosperity JSC Bank | 18429700 | &nbsp;&nbsp;&nbsp;&nbsp; 18531319 |
| Vietnam Technological & Commercial Joint Stock Bank | &nbsp;&nbsp;&nbsp;&nbsp;3114800 | &nbsp;&nbsp;&nbsp;&nbsp; 4002039 |
| Viettel Construction Joint Stock Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412600 | &nbsp;&nbsp;&nbsp;&nbsp; 1348663 |
| Vincom Retail JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2112600 | &nbsp;&nbsp;&nbsp;&nbsp; 2607336 |
| Vingroup JSC<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7176700 | &nbsp;&nbsp;&nbsp;&nbsp; 58752585 |
| Vinh Hoan Corp. | &nbsp;&nbsp;&nbsp;&nbsp;3939000 | &nbsp;&nbsp;&nbsp;&nbsp; 9149599 |
| Vinhomes JSC<sup>(1)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;7417200 | &nbsp;&nbsp;&nbsp;&nbsp; 41283221 |
| VNDirect Securities Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;990875 | &nbsp;&nbsp;&nbsp;&nbsp; 609087 |
| VP Bank Securities Ltd. Co.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9307809 | &nbsp;&nbsp;&nbsp;&nbsp; 9724115 |
|  |  | &nbsp;&nbsp;**$415611397** |
| Total Common Stocks<br> (identified cost $2,371,676,484) |  | &nbsp;&nbsp;**$3405593961** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Convertible Bonds — 0.0%<sup>†</sup>

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Vietnam — 0.0%<sup>†</sup> | Vietnam — 0.0%<sup>†</sup> | Vietnam — 0.0%<sup>†</sup> | Vietnam — 0.0%<sup>†</sup> |
| Ba Ria - Vung Tau House Development JSC, 10.00%, 12/25/27 | VND | &nbsp;&nbsp;&nbsp;&nbsp;1711100 | &nbsp;&nbsp;$64925 |
| Total Convertible Bonds<br> (identified cost $64,920) |  |  | &nbsp;&nbsp;**$64925** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Loan Participation Notes — 0.1%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Uzbekistan — 0.1% | Uzbekistan — 0.1% | Uzbekistan — 0.1% | Uzbekistan — 0.1% |
| Europe Asia Investment Finance BV (borrower - Joint Stock Commercial Bank "Asaka"), 18.70%, 7/21/26<sup>(4)(5)(6)</sup> | UZS | 40521780 | &nbsp;&nbsp;$3402260 |
| Total Loan Participation Notes<br> (identified cost $3,473,873) |  |  | &nbsp;&nbsp;**$3402260** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Preferred Stocks — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| India — 0.0%<sup>†</sup> | India — 0.0%<sup>†</sup> | India — 0.0%<sup>†</sup> |
| TVS Motor Co. Ltd., 6.00%<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153600 | &nbsp;&nbsp;$16507 |
| Total Preferred Stocks<br> (identified cost $0) |  | &nbsp;&nbsp;**$16507** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Sovereign Government Bonds — 0.2%

---

| | | | |
|:---|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Uzbekistan — 0.2% | Uzbekistan — 0.2% | Uzbekistan — 0.2% | Uzbekistan — 0.2% |
| National Bank of Uzbekistan, 19.875%, 7/5/27<sup>(4)</sup> | UZS | 80750000 | &nbsp;&nbsp;$7075364 |
| Total Sovereign Government Bonds<br> (identified cost $6,414,899) |  |  | &nbsp;&nbsp;**$7075364** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Short-Term Investments — 4.8%

Affiliated Fund — 3.6%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 3.57%<sup>(7)</sup> | 132245200 | &nbsp;&nbsp;$132245200 |
| Total Affiliated Fund<br> (identified cost $132,245,200) |  | &nbsp;&nbsp;**$132245200** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

Securities Lending Collateral — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| State Street Navigator Securities Lending Government Money Market Portfolio, 3.67%<sup>(8)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312950 | &nbsp;&nbsp;$312950 |
| Total Securities Lending Collateral<br> (identified cost $312,950) |  | &nbsp;&nbsp;**$312950** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

*16*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

Sovereign Government Securities — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Nigeria — 0.0%<sup>†</sup> | Nigeria — 0.0%<sup>†</sup> | Nigeria — 0.0%<sup>†</sup> |
| Nigeria OMO Bills: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/5/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111177 | &nbsp;&nbsp;$80812 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/14/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33437 | &nbsp;&nbsp;&nbsp;&nbsp; 23511 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/28/26 NGN | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33437 | &nbsp;&nbsp;&nbsp;&nbsp; 23354 |
| Total Sovereign Government Securities<br> (identified cost $123,398) |  | &nbsp;&nbsp;**$127677** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

U.S. Treasury Obligations — 1.2%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/14/26 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30506 | &nbsp;&nbsp;$30466590 |
| &nbsp;&nbsp;&nbsp;0.00%, 5/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7730 | &nbsp;&nbsp;&nbsp;&nbsp; 7709332 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/11/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7770 | &nbsp;&nbsp;&nbsp;&nbsp; 7738187 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/9/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 496551 |
| Total U.S. Treasury Obligations<br> (identified cost $46,410,312) |  | &nbsp;&nbsp;**$46410660** |
| Total Short-Term Investments<br> (identified cost $179,091,860) |  | &nbsp;&nbsp;**$179096487** |

---

---

| | |
|:---|:---|
| Total Purchased Options — 0.1%<br> (identified cost $8,437,071) | &nbsp;&nbsp;**$4516297** |
| Total Investments — 96.7%<br> (identified cost $2,569,159,107) | &nbsp;&nbsp;**$3599765801** |
| Other Assets, Less Liabilities — 3.3% | &nbsp;&nbsp;**$122245396** |
| Net Assets — 100.0% | &nbsp;&nbsp;**$3722011197** |

---

---

| | |
|:---|:---|
| 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>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Non-income producing security. |

---

<sup>(2)</sup> All or a portion of this security was on loan at April 30, 2026. The aggregate market value of securities on loan at April 30, 2026 was $10,925,922.

<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 April 30, 2026, the aggregate value of these securities is $70,215,932 or 1.9% of the Portfolio's net assets.

<sup>(4)</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 April 30, 2026, the aggregate value of these securities is $142,160,588 or 3.8% of the Portfolio's net assets.

<sup>(5)</sup> Security is valued using significant unobservable inputs and is categorized as Level 3 in the fair value hierarchy.

<sup>(6)</sup> Limited recourse note whose payments by the issuer are limited to amounts received by the issuer from the borrower pursuant to a loan agreement with the borrower.

<sup>(7)</sup> May be deemed to be an affiliated investment company (see Note 8). The rate shown is the annualized seven-day yield as of April 30, 2026.

<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;34.1% | &nbsp;&nbsp;&nbsp;$1269692001 |
| Information Technology | &nbsp;&nbsp;&nbsp;19.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724911539 |
| Energy | &nbsp;&nbsp;&nbsp;&nbsp;7.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278446246 |
| Materials | &nbsp;&nbsp;&nbsp;&nbsp;6.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231882702 |
| Industrials | &nbsp;&nbsp;&nbsp;&nbsp;5.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220597231 |
| Real Estate | &nbsp;&nbsp;&nbsp;&nbsp;4.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180465533 |
| Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;3.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140462268 |
| Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;3.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140048925 |
| Utilities | &nbsp;&nbsp;&nbsp;&nbsp;2.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98134093 |
| Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp;2.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90941464 |
| Health Care | &nbsp;&nbsp;&nbsp;&nbsp;0.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33495651 |
| Government | &nbsp;&nbsp;&nbsp;&nbsp;0.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7075364 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;4.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179096487 |
| **Total** | &nbsp;&nbsp;&nbsp;**96.6%** | &nbsp;&nbsp;&nbsp;**$3595249504** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** | **Purchased Currency Options (OTC) — 0.1%** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Call USD vs. Put EUR | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;EUR | &nbsp;&nbsp;218000000 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 1.13 | &nbsp;&nbsp;6/26/26 | &nbsp;&nbsp;$243319 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp;325000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp; 6.60 | &nbsp;&nbsp;2/12/27 | &nbsp;&nbsp;&nbsp;&nbsp;2100475 |

---

*17*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** | **Purchased Currency Options (OTC) (continued)** |
| **Description** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Notional Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Put USD vs. Call CNH | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;USD | &nbsp;&nbsp; 98000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;$251566 |
| Put USD vs. Call CNH | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 91000000 | &nbsp;&nbsp;CNH | &nbsp;&nbsp;&nbsp; 6.60 | &nbsp;&nbsp;11/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 233597 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 22600000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp; 21041 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12100000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/25/29 | &nbsp;&nbsp;&nbsp;&nbsp; 11265 |
| Put USD vs. Call INR | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 11600000 | &nbsp;&nbsp;INR | &nbsp;&nbsp; 85.50 | &nbsp;&nbsp;1/30/29 | &nbsp;&nbsp;&nbsp;&nbsp; 10892 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 25800000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 203252 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp;9/10/26 | &nbsp;&nbsp;&nbsp;&nbsp; 126800 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 51000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/4/26 | &nbsp;&nbsp;&nbsp;&nbsp; 358734 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Goldman Sachs International | &nbsp;&nbsp;USD | &nbsp;&nbsp; 1300000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/7/26 | &nbsp;&nbsp;&nbsp;&nbsp; 9274 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 52000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 369460 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 25700000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 8/6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 182599 |
| Put USD vs. Call KRW | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;USD | &nbsp;&nbsp; 17000000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp; 9/8/26 | &nbsp;&nbsp;&nbsp;&nbsp; 133926 |
| Put USD vs. Call KRW | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;USD | &nbsp;&nbsp; 12800000 | &nbsp;&nbsp;KRW | &nbsp;&nbsp;&nbsp;1440.00 | &nbsp;&nbsp;9/14/26 | &nbsp;&nbsp;&nbsp;&nbsp; 102208 |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$4358408** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchased Put Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Put Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Put Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Put Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Put Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Put Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Put Options (Exchange-Traded) — 0.0%<sup>†</sup>** | **Purchased Put Options (Exchange-Traded) — 0.0%<sup>†</sup>** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| Euro STOXX 50 Index | &nbsp;&nbsp;&nbsp;&nbsp;1601 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;94162975 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;5350 | &nbsp;&nbsp;5/15/26 | &nbsp;&nbsp;$157889 |
| **Total** |  |  |  |  |  |  | &nbsp;&nbsp;**$157889** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;78898000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 88127604 | &nbsp;&nbsp;&nbsp;&nbsp;5/13/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(443552) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;23410000000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 26300120 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (282248) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;19214960800 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 21674349 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (318843) |
| CLP | &nbsp;&nbsp;&nbsp;&nbsp;40830839200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 46056398 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (677007) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3425264532 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 107987784 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 257047 |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 175475887 | &nbsp;&nbsp;&nbsp;&nbsp;CLP | &nbsp;&nbsp;&nbsp;&nbsp;162353800000 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4964113) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 4142109 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 3578952 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (66651) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 11998623 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 10367303 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (193071) |
| USD | &nbsp;&nbsp;&nbsp;&nbsp; 195267905 | &nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp; 168719489 | &nbsp;&nbsp;&nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3142069) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 265233200 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8382845 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5296) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 210795900 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6665062 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6947) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 263347500 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8329301 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (11313) |

---

*18*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** | **Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;&nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 260707600 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 8253113 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(18508) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 300964000 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 9527192 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21064) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 328731800 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 10404551 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21361) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 391235700 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 12379310 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21896) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 213728300 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 6775776 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (25040) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 335831600 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 10632629 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (25188) |
| TWD | &nbsp;&nbsp;&nbsp;&nbsp; 233424400 | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 7398555 | &nbsp;&nbsp;&nbsp;&nbsp;7/8/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (25706) |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$(10012826)** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** | **Forward Foreign Currency Exchange Contracts (OTC)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 9556500 | &nbsp;&nbsp;EUR | &nbsp;&nbsp; 8160222 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;5/8/26 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(22085) |
| USD | &nbsp;&nbsp; 7284021 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 26750022 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp; 840 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 8105695 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 139333333 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (231839) |
| USD | &nbsp;&nbsp; 9796704 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 165075475 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (81208) |
| USD | &nbsp;&nbsp; 17818504 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 306714995 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (534941) |
| USD | &nbsp;&nbsp;124841084 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp;2156592278 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(4206722) |
| USD | &nbsp;&nbsp; 6715441 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 115382015 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (188876) |
| USD | &nbsp;&nbsp; 6696306 | &nbsp;&nbsp;ZAR | &nbsp;&nbsp; 115501904 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (215185) |
| ZAR | &nbsp;&nbsp;266022781 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16180461 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (261988) |
| ZAR | &nbsp;&nbsp;385658236 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 23516004 | &nbsp;&nbsp;Barclays Bank PLC | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (438694) |
| ZAR | &nbsp;&nbsp;267910971 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16207560 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (176100) |
| ZAR | &nbsp;&nbsp;267748898 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16207561 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (185799) |
| ZAR | &nbsp;&nbsp;267505778 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16207560 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (200346) |
| ZAR | &nbsp;&nbsp;267473369 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16207560 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (202286) |
| ZAR | &nbsp;&nbsp;267465266 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16207561 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (202771) |
| ZAR | &nbsp;&nbsp;267392332 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16207561 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (207135) |
| ZAR | &nbsp;&nbsp;267392331 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16207560 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (207135) |
| ZAR | &nbsp;&nbsp;266090863 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 16207560 | &nbsp;&nbsp;JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (285013) |
| ZAR | &nbsp;&nbsp;392085873 | &nbsp;&nbsp;USD | &nbsp;&nbsp; 23861188 | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;6/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (399256) |
| USD | &nbsp;&nbsp; 20845137 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 76525000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;3/15/27 | &nbsp;&nbsp;&nbsp;&nbsp; 6041 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 12438506 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 45663000 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/15/27 | &nbsp;&nbsp;&nbsp;&nbsp; 3673 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| USD | &nbsp;&nbsp; 20845132 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 76560000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;3/16/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (3505) |
| USD | &nbsp;&nbsp; 10422566 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 38280000 | &nbsp;&nbsp;Bank of America, N.A. | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1757) |
| USD | &nbsp;&nbsp; 12510130 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 45939700 | &nbsp;&nbsp;HSBC Bank USA, N.A. | &nbsp;&nbsp;3/17/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (65) |
| USD | &nbsp;&nbsp; 12506943 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 45938000 | &nbsp;&nbsp;Citibank, N.A. | &nbsp;&nbsp;3/26/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2841) |
| USD | &nbsp;&nbsp; 12363532 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 45405072 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;3/30/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1148) |
| USD | &nbsp;&nbsp; 12363532 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 45427944 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (7388) |
| USD | &nbsp;&nbsp; 12363532 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 45432890 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (8735) |
| USD | &nbsp;&nbsp; 12363532 | &nbsp;&nbsp;AED | &nbsp;&nbsp; 45434126 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/2/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (9077) |

---

*19*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** | **Forward Foreign Currency Exchange Contracts (OTC) (continued)** |
| **Currency Purchased** | **Currency Purchased** | &nbsp;&nbsp;**Currency Sold** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Settlement<br> Date** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> (Depreciation)** |
| USD | &nbsp;&nbsp; 1522353 &nbsp;&nbsp;AED | &nbsp;&nbsp; 5594268 | &nbsp;&nbsp;Standard Chartered Bank | &nbsp;&nbsp;4/6/27 | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(1079) |
|  |  |  |  |  | &nbsp;&nbsp;**$10554** | &nbsp;&nbsp;**$(8282974)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** | **Futures Contracts** |
| **Description** | &nbsp;&nbsp;&nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;&nbsp;&nbsp;**Position** | &nbsp;&nbsp;&nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| **Equity Futures** |  |  |  |  |  |
| FTSE Taiwan Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;5/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;$25918167 | &nbsp;&nbsp;&nbsp;&nbsp;$851647 |
| Hang Seng China Enterprises Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;948 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;5/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53059796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80949 |
| SET50 Index | &nbsp;&nbsp;&nbsp;&nbsp;11200 | &nbsp;&nbsp;&nbsp;&nbsp;Long | &nbsp;&nbsp;&nbsp;&nbsp;6/29/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67182804 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1568983 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$2501579** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** | **Total Return Swaps (OTC)** |
| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Notional Amount<br> (000's omitted)** | &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio Receives** | &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio Pays** | &nbsp;&nbsp;&nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;&nbsp;&nbsp;**Value/Unrealized<br> Appreciation<br> (Depreciation)** |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp; 55530 | &nbsp;&nbsp;&nbsp;&nbsp;Positive Return on Shenzhen Stock Exchange Composite Index plus (8.50% minus USD SOFR Compounded Index) (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Negative Return on Shenzhen Stock Exchange Composite Index (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;5/26/26 | &nbsp;&nbsp;&nbsp;&nbsp;$2246087 |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;USD | &nbsp;&nbsp;&nbsp;&nbsp;112779 | &nbsp;&nbsp;&nbsp;&nbsp;Positive Return on Shenzhen Stock Exchange Composite Index plus (8.00% minus USD SOFR Compounded Index) (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;Negative Return on Shenzhen Stock Exchange Composite Index (pays upon termination) | &nbsp;&nbsp;&nbsp;&nbsp;5/25/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4458672 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**$6704759** |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | – American Depositary Receipt |
| FTSE | – Financial Times Stock Exchange |
| GDR | – Global Depositary Receipt |
| OTC | – Over-the-counter |
| PFC Shares | – Preference Shares |
| SOFR | – Secured Overnight Financing Rate |

---

---

| | |
|:---|:---|
| **Currency Abbreviations:** | **Currency Abbreviations:** |
| AED | – United Arab Emirates Dirham |
| CLP | – Chilean Peso |
| EUR | – Euro |
| NGN | – Nigerian Naira |
| TWD | – New Taiwan Dollar |
| USD | – United States Dollar |
| UZS | – Uzbekistani Som |
| VND | – Viet Nam Dong |
| ZAR | – South African Rand |

---

*20*

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Statement of Assets and Liabilities (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Assets |  |
| Unaffiliated investments, at value (identified cost $2,436,913,907) — including $10,925,922 of securities on loan | &nbsp;&nbsp;$3467520601 |
| Affiliated investments, at value (identified cost $132,245,200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132245200 |
| Cash | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489656 |
| Deposits for forward commitment securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400000 |
| Deposits for derivatives collateral: |  |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7506769 |
| &nbsp;&nbsp;&nbsp;Centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16837750 |
| Foreign currency, at value (identified cost $97,351,803) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97350389 |
| Interest and dividends receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6067570 |
| Dividends receivable from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328264 |
| Receivable for closed options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155936 |
| Securities lending income receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83679 |
| Receivable for variation margin on open futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970013 |
| Receivable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10554 |
| Receivable for open OTC swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6704759 |
| Tax reclaims receivable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;327507 |
| Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22972 |
| **Total assets** | &nbsp;&nbsp;**$3739021619** |
| Liabilities |  |
| Cash collateral due to brokers | &nbsp;&nbsp;$2400000 |
| Collateral for securities loaned | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312950 |
| Payable for investments purchased | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532442 |
| Payable for variation margin on open centrally cleared derivatives | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453393 |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8282974 |
| 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;2712010 |
| &nbsp;&nbsp;&nbsp;Trustees' fees | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9222 |
| &nbsp;&nbsp;&nbsp;Trustees' deferred compensation plan | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22972 |
| Accrued foreign capital gains taxes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1443208 |
| Accrued expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;841251 |
| **Total liabilities** | &nbsp;&nbsp;**$17010422** |
| **Net Assets applicable to investors' interest in Portfolio** | &nbsp;&nbsp;**$3722011197** |

---

*See Notes to Financial Statements.*

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[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Statement of Operations (Unaudited)

------

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended** |
|  | &nbsp;&nbsp;&nbsp;**April 30, 2026** |
| Investment Income |  |
| Dividend income (net of foreign taxes withheld of $4,862,378) | &nbsp;&nbsp;$35281718 |
| Dividend income from affiliated investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2409895 |
| Interest income (net of foreign taxes withheld of $2,290) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2136638 |
| Securities lending income, net | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154750 |
| Other income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7178 |
| **Total investment income** | &nbsp;&nbsp;**$39990179** |
| Expenses |  |
| Investment adviser fee | &nbsp;&nbsp;$14418828 |
| Trustees' fees and expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54250 |
| Custodian fee | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1361684 |
| Legal and accounting services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85198 |
| Miscellaneous | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147372 |
| **Total expenses** | &nbsp;&nbsp;**$16067332** |
| Deduct: |  |
| &nbsp;&nbsp;&nbsp;Waiver and/or reimbursement of expenses by affiliates | &nbsp;&nbsp;$93230 |
| **Total expense reductions** | &nbsp;&nbsp;**$93230** |
| **Net expenses** | &nbsp;&nbsp;**$15974102** |
| **Net investment income** | &nbsp;&nbsp;**$24016077** |
| Realized and Unrealized Gain (Loss) |  |
| Net realized gain (loss): |  |
| &nbsp;&nbsp;&nbsp;Investment transactions (net of foreign capital gains taxes of $1,019,530) | &nbsp;&nbsp;$46542505 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5412465) |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16429282) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23229111 |
| &nbsp;&nbsp;&nbsp;Foreign currency transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3568033) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10208285) |
| **Net realized gain** | &nbsp;&nbsp;**$34153551** |
| Change in unrealized appreciation (depreciation): |  |
| &nbsp;&nbsp;&nbsp;Investments (including net decrease in accrued foreign capital gains taxes of $3,560,055) | &nbsp;&nbsp;$490649414 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4069045 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1778121) |
| &nbsp;&nbsp;&nbsp;Foreign currency | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(146787) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15351132) |
| **Net change in unrealized appreciation (depreciation)** | &nbsp;&nbsp;**$477442419** |
| **Net realized and unrealized gain** | &nbsp;&nbsp;**$511595970** |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$535612047** |

---

*22*

*See Notes to Financial Statements.*

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[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Statements of Changes in Net Assets

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended<br> October 31, 2025** |
| Increase (Decrease) in Net Assets |  |  |
| From operations: |  |  |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;$24016077 | &nbsp;&nbsp;$39148014 |
| &nbsp;&nbsp;&nbsp;Net realized gain | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34153551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31978283 |
| &nbsp;&nbsp;&nbsp;Net change in unrealized appreciation (depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477442419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429492113 |
| **Net increase in net assets from operations** | &nbsp;&nbsp;**$535612047** | &nbsp;&nbsp;**$500618410** |
| Capital transactions: |  |  |
| &nbsp;&nbsp;&nbsp;Contributions | &nbsp;&nbsp;$683350958 | &nbsp;&nbsp;$1036069274 |
| &nbsp;&nbsp;&nbsp;Withdrawals | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(108821905) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(70058137) |
| **Net increase in net assets from capital transactions** | &nbsp;&nbsp;**$574529053** | &nbsp;&nbsp;**$966011137** |
| **Net increase in net assets** | &nbsp;&nbsp;**$1110141100** | &nbsp;&nbsp;**$1466629547** |
| Net Assets |  |  |
| At beginning of period | &nbsp;&nbsp;$2611870097 | &nbsp;&nbsp;$1145240550 |
| **At end of period** | &nbsp;&nbsp;**$3722011197** | &nbsp;&nbsp;**$2611870097** |

---

*23*

*See Notes to Financial Statements.*

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[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Financial Highlights

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** | &nbsp;&nbsp;&nbsp;**Year Ended October 31,** |
|  | &nbsp;&nbsp;&nbsp;**Six Months Ended<br> April 30, 2026<br> (Unaudited)** | &nbsp;&nbsp;&nbsp;**2025** | &nbsp;&nbsp;&nbsp;**2024** | &nbsp;&nbsp;&nbsp;**2023** | &nbsp;&nbsp;&nbsp;**2022** | &nbsp;&nbsp;&nbsp;**2021** |
| Ratios/Supplemental Data |  |  |  |  |  |  |
| Ratios (as a percentage of average daily net assets):<sup>(1)</sup> |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Total expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.04%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.24% |
| &nbsp;&nbsp;&nbsp;Net expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.04%<sup>(2)(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.09%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.15%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.26%<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.24% |
| &nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.56%<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.28% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.82% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.17% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.04% |
| Portfolio Turnover | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20%<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65% | &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;67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70% |
| **Total Return** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.88%<sup>(4)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**32.07%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**24.31%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16.11%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(16.87)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**35.70%** |
| **Net assets, end of period (000's omitted)** | &nbsp;&nbsp;**$3722011** | &nbsp;&nbsp;**$2611870** | &nbsp;&nbsp;**$1145241** | &nbsp;&nbsp;**$376410** | &nbsp;&nbsp;**$183633** | &nbsp;&nbsp;**$190503** |

---

<sup>(1)</sup> Total expenses do not reflect amounts reimbursed and/or waived by the adviser and certain of its affiliates, if applicable. Net expenses are net of all reductions and represent the net expenses paid by the Portfolio.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Portfolio's investment in the Liquidity Fund (equal to less than 0.01% of average daily net assets for the six months ended April 30, 2026, less than 0.01% of average daily net assets for the year ended October 31, 2025 and less than 0.005% of average daily net assets for the years ended October 31, 2024, 2023 and 2022).

<sup>(4)</sup> Not annualized.

*See Notes to Financial Statements.*

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited)

------

1 Significant Accounting Policies

Global Macro Capital Opportunities Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified, open-end management investment company. The Portfolio's investment objective is total return. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At April 30, 2026, Eaton Vance Emerging and Frontier Countries Equity Fund held an interest of approximately 100% in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio 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 or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.**

**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 (other than futures style option), 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 (including options on securities, indices and foreign currencies) 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. Futures contracts and futures style options are valued at the closing settlement price established by the board of trade or exchange on which they are traded, with adjustments for fair valuation for certain foreign futures contracts as described below. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio's forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service. Total return swaps are valued using valuations provided by a third party pricing service based on the value of the underlying index or instrument and reference interest rate. Future cash flows on swaps are discounted to their present value using swap rates provided by electronic data services or by broker/dealers.**

**Foreign Securities, Futures Contracts and Currencies. Foreign securities, futures contracts 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 and certain exchange-traded foreign futures contracts generally is determined as of the close of trading on the principal exchange on which such securities and contracts trade. Foreign ownership of shares of certain Indian companies may be subject to limitations. When foreign ownership of such an Indian company's shares approaches the limitation, foreign investors may be willing to pay a premium to the local share price to acquire shares from other foreign investors. Such shares are valued at the closing price for foreign investors as provided by the exchange on which they trade. Events occurring after the close of trading on foreign exchanges may result in adjustments to the valuation of foreign securities and certain foreign futures contracts 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 and foreign futures contracts that meet certain criteria, the Portfolio's Trustees have approved the use of a fair value service that values such securities and foreign futures contracts 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 and foreign futures contracts.**

**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 Portfolio'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 Portfolio 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**

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[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

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 Portfolio is informed of the ex-dividend date. Withholding taxes on foreign dividends, interest and capital gains have been provided for in accordance with the Portfolio'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 and Other Taxes—The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio's investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor's distributive share of the Portfolio's net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

In addition to the requirements of the Internal Revenue Code, the Portfolio may also be subject to local taxes on the recognition of capital gains in certain countries. In determining the daily net asset value, the Portfolio 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 April 30, 2026, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio 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 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.

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 Portfolio'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 Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio's Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

H Futures Contracts—Upon entering into a futures contract, the Portfolio is required to deposit with the broker, either in cash or securities, an amount equal to a certain percentage of the contract amount (initial margin). Subsequent payments, known as variation margin, are made or received by the Portfolio each business day, depending on the daily fluctuations in the value of the underlying security or index, and are recorded as unrealized gains or losses by the Portfolio. Gains (losses) are realized upon the expiration or closing of the futures contracts. Should market conditions change unexpectedly, the Portfolio may not achieve the anticipated benefits of the futures contracts and may realize a loss. Futures contracts have minimal counterparty risk as they are exchange traded and the clearinghouse for the exchange is substituted as the counterparty, guaranteeing counterparty performance.

I Forward Foreign Currency Exchange Contracts—The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. While forward foreign currency exchange contracts are privately negotiated agreements between the Portfolio and a counterparty, certain contracts may be "centrally cleared", whereby all payments made or received by the Portfolio pursuant to the contract are with a central clearing party (CCP) rather than the original counterparty. The CCP guarantees the performance of the original parties to the contract. Upon entering into centrally cleared contracts, the Portfolio is required to deposit with

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[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

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the CCP, either in cash or securities, an amount of initial margin determined by the CCP, which is subject to adjustment. For centrally cleared contracts, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar. In the case of centrally cleared contracts, counterparty risk is minimal due to protections provided by the CCP.

J Purchased Options—Upon the purchase of a call or put option, the premium paid by the Portfolio is included in the Statement of Assets and Liabilities as an investment. The amount of the investment is subsequently marked-to-market to reflect the current market value of the option purchased, in accordance with the Portfolio's policies on investment valuations discussed above. Premiums paid for purchasing options that expire are treated as realized losses. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. The risk associated with purchasing options is limited to the premium originally paid. Purchased options traded over-the-counter involve risk that the issuer or counterparty will fail to perform its contractual obligations.

K Futures Style Options—Option contracts can be either equity style (premium is paid in full when the option is opened) or futures style (premium moves as part of variation margin over the life of the option, and is paid in full when the option is closed). For futures style options, on a daily basis for both purchased and written options, the fund pays or receives variation margin based on the daily fluctuation in market value, and records variation margin in the statement of assets and liabilities. Realized gains or losses are recorded at the time the option contract is closed or expires. The net realized gains or losses and net unrealized appreciation or depreciation from futures style options are recorded in futures style options in the fund's statement of operations.

L Total Return Swaps—In a total return swap, the buyer receives a periodic return equal to the total return of a specified security, securities or index for a specified period of time. In return, the buyer pays the counterparty a fixed or variable stream of payments, typically based upon short-term interest rates, possibly plus or minus an agreed upon spread. During the term of the outstanding swap agreement, changes in the underlying value of the swap are recorded as unrealized gains and losses. Periodic payments received or made are recorded as realized gains or losses. The Portfolio is exposed to credit loss in the event of nonperformance by the swap counterparty. Risk may also arise from the unanticipated movements in value of exchange rates, interest rates, securities, or the index.

M Segment Reporting—The Portfolio operates as a single reportable segment, an investment company whose investment objective(s) is included in Note 1. The Portfolio's President acts as the Portfolio's Chief Operating Decision Maker (CODM), who is responsible for assessing the performance of the Portfolio's single segment and deciding how to allocate the segment's resources. To perform this function, the CODM reviews the information in the Portfolio's financial statements.

N Interim Financial Statements—The interim financial statements relating to April 30, 2026 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Portfolio's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Investment Adviser Fee and Other Transactions with Affiliates

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

---

| | |
|:---|:---|
| **Average Daily Net Assets** | &nbsp;&nbsp;&nbsp;&nbsp;**Annual Fee Rate** |
| Up to $500 million | &nbsp;&nbsp;&nbsp;&nbsp;1.000% |
| $500 million but less than $1 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.950% |
| $1 billion but less than $2.5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.925% |
| $2.5 billion but less than $5 billion | &nbsp;&nbsp;&nbsp;&nbsp;0.900% |
| $5 billion and over | &nbsp;&nbsp;&nbsp;&nbsp;0.880% |

---

For the six months ended April 30, 2026, the Portfolio's investment adviser fee amounted to $14,418,828 or 0.93% (annualized) of the Portfolio's average daily net assets. Pursuant to an investment sub-advisory agreement, BMR has delegated a portion of the investment management of the Portfolio to Eaton Vance Advisers International Ltd. (EVAIL), an affiliate of BMR and an indirect, wholly-owned subsidiary of Morgan Stanley. BMR pays EVAIL a portion of its investment adviser fee for sub-advisory services provided to the Portfolio.

The Portfolio 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 fee paid by the Portfolio is reduced by an amount equal to its pro rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the six months ended April 30, 2026, the investment adviser fee paid was reduced by $93,230 relating to the Portfolio's investment in the Liquidity Fund.

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

Trustees and officers of the Portfolio who are members of BMR's organization receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser 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. Certain officers and Trustees of the Portfolio are officers of the above organization.

3 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations, aggregated $1,039,549,311 and $576,031,424, respectively, for the six months ended April 30, 2026.

4 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Portfolio at April 30, 2026, as determined on a federal income tax basis, were as follows:

---

| | |
|:---|:---|
| **Aggregate cost** | &nbsp;&nbsp;**$2631123187** |
| Gross unrealized appreciation | &nbsp;&nbsp;$1058114859 |
| Gross unrealized depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(98551153) |
| **Net unrealized appreciation** | &nbsp;&nbsp;**$959563706** |

---

5 Financial Instruments

The Portfolio may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities. These financial instruments may include forward foreign currency exchange contracts futures style options, futures contracts and swap contracts 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 Portfolio 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 April 30, 2026 is included in the Portfolio of Investments. At April 30, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:

Equity Price Risk: During the six months ended April 30, 2026, the Portfolio entered into equity index futures style options, futures contracts, equity index options and total return swaps to enhance total return, to manage certain investment risks and/or as a substitute for the purchase of securities.

Foreign Exchange Risk: The Portfolio engaged in forward foreign currency exchange contracts and currency options to enhance total return, to seek to hedge against fluctuations in currency exchange rates and/or as a substitute for the purchase or sale of securities or currencies.

The Portfolio enters into over-the-counter (OTC) derivatives that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio's net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At April 30, 2026, the fair value of derivatives with credit-related contingent features in a net liability position was $8,282,974. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $9,946,041 at April 30, 2026.

The OTC derivatives in which the Portfolio invests (except for written options as the Portfolio, not the counterparty, is obligated to perform) are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio has entered into an International Swaps and Derivatives Association, Inc. Master Agreement ("ISDA Master Agreement") or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments' payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio's net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio and/or counterparty is held in segregated accounts by the Portfolio's custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Portfolio of Investments. The carrying amount of the liability for cash collateral due to brokers at April 30, 2026 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 9) at April 30, 2026.

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) by risk exposure at April 30, 2026 was as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** | &nbsp;&nbsp;**Fair Value** |
| **Statement of Assets and Liabilities Caption** | &nbsp;&nbsp;**Equity<br> Price** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Total** |
| Unaffiliated investments, at value | &nbsp;&nbsp;$157889 | &nbsp;&nbsp;$4358408 | &nbsp;&nbsp;$4516297 |
| Not applicable | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2501579<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257047<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2758626 |
| Receivable for open forward foreign currency exchange contracts | &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;10554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10554 |
| Receivable for open swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;6704759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6704759 |
| **Total Asset Derivatives** | &nbsp;&nbsp;**$9364227** | &nbsp;&nbsp;**$4626009** | &nbsp;&nbsp;**$13990236** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$2659468** | &nbsp;&nbsp;**$257047** | &nbsp;&nbsp;**$2916515** |
| **Total Asset Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$6704759** | &nbsp;&nbsp;**$4368962** | &nbsp;&nbsp;**$11073721** |
| Not applicable | &nbsp;&nbsp;$— | &nbsp;&nbsp;$(10269873)<sup>(1)</sup> | &nbsp;&nbsp;$(10269873) |
| Payable for open forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8282974) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8282974) |
| **Total Liability Derivatives** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(18552847)** | &nbsp;&nbsp;**$(18552847)** |
| **Derivatives not subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(10269873)** | &nbsp;&nbsp;**$(10269873)** |
| **Total Liability Derivatives subject to master netting or similar agreements** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(8282974)** | &nbsp;&nbsp;**$(8282974)** |

---

<sup>(1)</sup> Only the current day's variation margin on open futures contracts and centrally cleared derivatives is reported within the Statement of Assets and Liabilities as Receivable or Payable for variation margin on open futures contracts and centrally cleared derivatives, as applicable.

The Portfolio's derivative assets and liabilities at fair value by risk, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following tables present the Portfolio's derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Portfolio for such assets and pledged by the Portfolio for such liabilities as of April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$2309768 | &nbsp;&nbsp;&nbsp;$(237101) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$(2010000) | &nbsp;&nbsp;&nbsp;$62667 |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(251566) | &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;&nbsp;&nbsp;&nbsp; — |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(126800) | &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;&nbsp;&nbsp;&nbsp; — |
| Goldman Sachs International | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601605 | &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;(390000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211605 |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2976110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(285013) | &nbsp;&nbsp;&nbsp;&nbsp;(2300922) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390175 |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(105881) | &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;&nbsp;&nbsp;&nbsp; — |

---

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[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Assets Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Assets<sup>(b)</sup>** |
| UBS AG | &nbsp;&nbsp;&nbsp;$4701991 | &nbsp;&nbsp;&nbsp;$(399256) | &nbsp;&nbsp;&nbsp;$(3134208) | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$1168527 |
|  | &nbsp;&nbsp;&nbsp;**$11073721** | &nbsp;&nbsp;&nbsp;**$(1405617)** | &nbsp;&nbsp;&nbsp;**$(5435130)** | &nbsp;&nbsp;&nbsp;**$(2400000)** | &nbsp;&nbsp;&nbsp;**$1832974** |

---

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Counterparty** | &nbsp;&nbsp;&nbsp;**Derivative<br> Liabilities Subject to<br> Master Netting<br> Agreement** | &nbsp;&nbsp;&nbsp;**Derivatives<br> Available<br> for Offset** | &nbsp;&nbsp;&nbsp;**Non-cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Pledged<sup>(a)</sup>** | &nbsp;&nbsp;&nbsp;**Net Amount<br> of Derivative<br> Liabilities<sup>(c)</sup>** |
| Bank of America, N.A. | &nbsp;&nbsp;&nbsp;$(237101) | &nbsp;&nbsp;&nbsp;$237101 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$— |
| Barclays Bank PLC | &nbsp;&nbsp;&nbsp;&nbsp;(1316831) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251566 | &nbsp;&nbsp;&nbsp;&nbsp;1065265 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Citibank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;(4209563) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126800 | &nbsp;&nbsp;&nbsp;&nbsp;4082763 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| HSBC Bank USA, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;(1381637) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;1381637 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| JPMorgan Chase Bank, N.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(285013) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Standard Chartered Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(453573) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347692 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| UBS AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(399256) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399256 | &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;**$(8282974)** | &nbsp;&nbsp;&nbsp;**$1405617** | &nbsp;&nbsp;&nbsp;**$6877357** | &nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;**$—** |

---

<sup>(a)</sup> In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

<sup>(b)</sup> Net amount represents the net amount due from the counterparty in the event of default.

<sup>(c)</sup> Net amount represents the net amount payable to the counterparty in the event of default.

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations by risk exposure for the six months ended April 30, 2026 was as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Statement of Operations Caption** | &nbsp;&nbsp;**Equity<br> Price** | &nbsp;&nbsp;**Foreign<br> Exchange** | &nbsp;&nbsp;**Interest<br> Rate** | &nbsp;&nbsp;**Total** |
| Net realized gain (loss): |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investment transactions | &nbsp;&nbsp;&nbsp;&nbsp;$677913<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;$1498056<sup>(1)</sup> | &nbsp;&nbsp;$— | &nbsp;&nbsp;$2175969 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5412465) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5412465) |
| &nbsp;&nbsp;&nbsp;Futures style options | &nbsp;&nbsp;&nbsp;&nbsp;(16429282) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(16429282) |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19333384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;3895727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23229111 |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(10208285) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(10208285) |
| **Total** | &nbsp;&nbsp;**$(1830450)** | &nbsp;&nbsp;**$(8710229)** | &nbsp;&nbsp;**$3895727** | &nbsp;&nbsp;**$(6644952)** |
| Change in unrealized appreciation (depreciation): |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5364977<sup>(1)(2)</sup> | &nbsp;&nbsp;$(1167954)<sup>(1)</sup> | &nbsp;&nbsp;$— | &nbsp;&nbsp;$4197023 |
| &nbsp;&nbsp;&nbsp;Futures contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4069045 | &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;4069045 |
| &nbsp;&nbsp;&nbsp;Swap contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1778121) | &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;(1778121) |
| &nbsp;&nbsp;&nbsp;Forward foreign currency exchange contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(15351132) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;(15351132) |
| **Total** | &nbsp;&nbsp;**$7655901** | &nbsp;&nbsp;**$(16519086)** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;**$(8863185)** |

---

<sup>(1)</sup> Relates to purchased options. <br> <sup>(2)</sup> Relates to future style options.

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The average notional cost of futures contracts and average notional amounts of other derivative contracts outstanding during the six months ended April 30, 2026, which are indicative of the volume of these derivative types, were approximately as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Futures<br> Contracts — Long** | &nbsp;&nbsp;&nbsp;&nbsp;**Futures<br> Contracts — Short** | &nbsp;&nbsp;&nbsp;&nbsp;**Forward<br> Foreign Currency<br> Exchange Contracts<sup>(1)</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;**Swap<br> Contracts** |
| $102984000 | &nbsp;&nbsp;&nbsp;&nbsp;$18062000 | &nbsp;&nbsp;&nbsp;&nbsp;$1024603000 | &nbsp;&nbsp;&nbsp;&nbsp;$128086000 |

---

<sup>(1)</sup> The average notional amount for forward foreign currency exchange contracts is based on the absolute value of notional amounts of currency purchased and currency sold.

The average number of purchased equity index options contracts outstanding during the six month ended April 30, 2026, which is indicative of the volume of this derivative type, was 6,014 contracts. The average principal amount of purchased currency options contracts outstanding during the six month ended April 30, 2026, which is indicative of the volume of this derivative type, was approximately $724,187,000.

6 Line of Credit

The Portfolio participates with other portfolios and funds managed by BMR and its affiliates in a $650 million unsecured revolving line of credit agreement with a group of banks, which is in effect through October 20, 2026. Borrowings are made by the Portfolio solely for temporary purposes related to redemptions and other short-term cash needs. Interest is charged to the Portfolio based on its borrowings generally 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. In connection with the renewal of the agreement in October 2025, an arrangement fee of $150,000 was incurred that was allocated to the participating portfolios and funds. Because the line of credit is not available exclusively to the Portfolio, it may be unable to borrow some or all of its requested amounts at any particular time. The Portfolio did not have any significant borrowings or allocated fees during the six months ended April 30, 2026.

7 Securities Lending Agreement

The Portfolio has established a securities lending agreement with State Street Bank and Trust Company (SSBT) as securities lending agent in which the Portfolio 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 Portfolio 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 Portfolio 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 Portfolio earns a negotiated lending fee from the borrower. A portion of the income earned by the Portfolio 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 Portfolio 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 Portfolio and cannot be sold or re-pledged by the Portfolio; accordingly, such collateral is not reflected in the Statement of Assets and Liabilities.

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

At April 30, 2026, the value of the securities loaned and the value of the collateral received amounted to $10,925,922 and $11,330,171, respectively. Collateral received was comprised of cash of $312,950 and U.S. Government and/or agencies securities of $11,017,221. The securities lending transactions have no contractual maturity date and each of the Portfolio 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 April 30, 2026.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **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 | $312950 | $— | $— | $— | $312950 |

---

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

The carrying amount of the liability for collateral for securities loaned at April 30, 2026 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 9) at April 30, 2026.

8 Affiliated Investments

At April 30, 2026, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $132,245,200, which represents 3.6% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the six months ended April 30, 2026 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** |  |  |  |  |  |  |  |  |
| Liquidity Fund | $90198552 | $808965442 | $(766918794) | $— | $— | $132245200 | $2409895 | 132245200 |

---

9 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 April 30, 2026, the hierarchy of inputs used in valuing the Portfolio's investments and open derivative instruments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Africa | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$280085681 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$280085681 |
| &nbsp;&nbsp;&nbsp;Asia | &nbsp;&nbsp;&nbsp;&nbsp;142795944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1454069203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1596865147 |
| &nbsp;&nbsp;&nbsp;Australasia/Pacific | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23315922 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23315922 |
| &nbsp;&nbsp;&nbsp;Developed Europe | &nbsp;&nbsp;&nbsp;&nbsp; 364008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26675360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27039368 |
| &nbsp;&nbsp;&nbsp;Emerging Europe | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 684455340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 684455340 |
| &nbsp;&nbsp;&nbsp;Latin America | &nbsp;&nbsp;&nbsp;&nbsp;517222395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 517222395 |
| &nbsp;&nbsp;&nbsp;Middle East | &nbsp;&nbsp;&nbsp;&nbsp; 7003210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 246297069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 253300279 |
| &nbsp;&nbsp;&nbsp;North America | &nbsp;&nbsp;&nbsp;&nbsp; 20287120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3022709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23309829 |
| **Total Common Stocks** | &nbsp;&nbsp;**$687672677** | &nbsp;&nbsp;&nbsp;&nbsp;**$2,717,921,284\*\*** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$3405593961** |
| Convertible Bonds | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$64925 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$64925 |
| Loan Participation Notes | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3402260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3402260 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 16507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16507 |
| Sovereign Government Bonds | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7075364 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7075364 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp;132245200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 132245200 |
| &nbsp;&nbsp;&nbsp;Securities Lending Collateral | &nbsp;&nbsp;&nbsp;&nbsp; 312950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 312950 |

---

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

Global Macro Capital Opportunities Portfolio

April 30, 2026

Notes to Financial Statements (Unaudited) — continued

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description (continued)** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;&nbsp;Sovereign Government Securities | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$127677 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$127677 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46410660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46410660 |
| Purchased Currency Options | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4358408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4358408 |
| Purchased Put Options | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 157889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 157889 |
| **Total Investments** | &nbsp;&nbsp;**$820247334** | &nbsp;&nbsp;&nbsp;&nbsp;**$2776116207** | &nbsp;&nbsp;&nbsp;&nbsp;**$3402260** | &nbsp;&nbsp;&nbsp;&nbsp;**$3599765801** |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$267601 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$267601 |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2501579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2501579 |
| Swap Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6704759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6704759 |
| **Total** | &nbsp;&nbsp;**$820247334** | &nbsp;&nbsp;&nbsp;&nbsp;**$2785590146** | &nbsp;&nbsp;&nbsp;&nbsp;**$3402260** | &nbsp;&nbsp;&nbsp;&nbsp;**$3609239740** |
| **Liability Description** |  |  |  |  |
| Forward Foreign Currency Exchange Contracts | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(18552847) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(18552847) |
| **Total** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(18552847)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(18552847)** |

---

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

\*\* 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 six months ended April 30, 2026 is not presented.

10 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, and by acts of terrorism and war. 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 Portfolio 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.

Frontier markets are among the smallest and least mature investment markets. Frontier market countries may have greater political or economic instability and may also be subject to trade barriers, adjustments in currency values and developing or changing securities laws and other regulations. Investments in frontier market countries generally are less liquid and subject to greater price volatility than investments in developed markets or emerging markets.

------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

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------

[**Table of Contents**](#JOB_EV_AR_1c366eff-9f52-4c54-aa7a-3918c8e07db5_TOC)

EACOX-NCSR&nbsp;&nbsp;&nbsp;&nbsp;4.30.26

------

#### Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies
Not applicable.

#### Item 9. Proxy Disclosures for Open-End Management Investment Companies
Not applicable.

#### Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies
The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR.

#### Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract
Not applicable.

#### Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.

#### Item 13. Portfolio Managers of Closed-End Management Investment Companies
Not applicable.

#### Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.

#### Item 15. Submission of Matters to a Vote of Security Holders
There have been no material changes to the procedures by which shareholders may recommend nominee to the Fund's Board of Trustees since the Fund last provided disclosure in response to this item.

------

#### Item 16. 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 control 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 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable.

#### Item 18. Recovery of Erroneously Awarded Compensation
Not applicable.

#### Item 19. Exhibits

---

| | |
|:---|:---|
| (a)(1) | Registrant's Code of Ethics – Not applicable (please see Item 2). |
| (a)(2)(i) | [Principal Financial Officer's Section 302 certification.](d155804dex99cert.htm) |
| (a)(2)(ii) | [Principal Executive Officer's Section 302 certification.](d155804dex99cert.htm#a) |
| (b) | [Combined Section 906 certification.](d155804dex99906cert.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 | Eaton Vance Mutual Funds Trust |
| By: | /s/ Kenneth A. Topping |
|  | Kenneth A. Topping |
|  | Principal Executive Officer |
| Date: | June 24, 2026 |

---

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 |
|  | Principal Financial Officer |
| Date: | June 24, 2026 |
| By: | /s/ Kenneth A. Topping |
|  | Kenneth A. Topping |
|  | Principal Executive Officer |
| Date: | June 24, 2026 |

---

## Ex-99.Cert

**Eaton Vance Mutual Funds Trust** 

**FORM N-CSR** 

**Exhibit 19(a)(2)(i)** 

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

I, James F. Kirchner, certify that:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;&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;&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;&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;&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;&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;&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: June 24, 2026 | /s/ James F. Kirchner |
|  | James F. Kirchner |
|  | Principal Financial Officer |

---

------

**Eaton Vance Mutual Funds Trust** 

**FORM N-CSR** 

**Exhibit 19(a)(2)(ii)** 

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

I, Kenneth A. Topping, certify that:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;&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;&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;&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;&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;&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;&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: June 24, 2026 | /s/ Kenneth A. Topping |
|  | Kenneth A. Topping |
|  | Principal Executive Officer |

---

## Exhibit 99.906

**Form N-CSR Item 19(b) Exhibit** 

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 Principal Financial Officer and Principal Executive Officer, respectively, of Eaton Vance Mutual Funds Trust (the "**Trust**") that:

(a) the Report of the **Trust** on Form N-CSR for the period ended
April 30, 2026 (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: June 24, 2026 |
| /s/ James F. Kirchner |
| James F. Kirchner |
| Principal Financial Officer |
| Date: June 24, 2026 |
| /s/ Kenneth A. Topping |
| Kenneth A. Topping |
| Principal Executive Officer |

---