# EDGAR Filing Document

**Accession Number:** 0000745463
**File Stem:** 0001752724-25-161298
**Filing Date:** 2025-6
**Character Count:** 126503
**Document Hash:** 33a001d8e4177686fb3df5aa0ee15f45
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-161298.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001752724-25-161298

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20260131

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04015
- **FILM NUMBER:** 251083048

**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

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

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

## Nport-Ex

Parametric

Volatility Risk Premium - Defensive Fund

April 30, 2025

Portfolio of Investments (Unaudited)

------

Common Stocks — 51.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Aerospace & Defense — 0.9% | Aerospace & Defense — 0.9% | Aerospace & Defense — 0.9% |
| Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5876 | &nbsp;&nbsp;$1353478 |
| L3Harris Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9137 | &nbsp;&nbsp;&nbsp;&nbsp; 2010323 |
| Lockheed Martin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5422 | &nbsp;&nbsp;&nbsp;&nbsp; 2590360 |
| RTX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27037 | &nbsp;&nbsp;&nbsp;&nbsp; 3410177 |
|  |  | &nbsp;&nbsp;**$9364338** |
| Air Freight & Logistics — 0.1% | Air Freight & Logistics — 0.1% | Air Freight & Logistics — 0.1% |
| Expeditors International of Washington, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6721 | &nbsp;&nbsp;$738705 |
|  |  | &nbsp;&nbsp;**$738705** |
| Automobile Components — 0.0%<sup>†</sup> | Automobile Components — 0.0%<sup>†</sup> | Automobile Components — 0.0%<sup>†</sup> |
| Phinia, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2206 | &nbsp;&nbsp;$88571 |
|  |  | &nbsp;&nbsp;**$88571** |
| Automobiles — 0.9% | Automobiles — 0.9% | Automobiles — 0.9% |
| Tesla, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36145 | &nbsp;&nbsp;$10198673 |
|  |  | &nbsp;&nbsp;**$10198673** |
| Banks — 1.9% | Banks — 1.9% | Banks — 1.9% |
| Bank of America Corp. | &nbsp;&nbsp;&nbsp;&nbsp;104463 | &nbsp;&nbsp;$4165985 |
| Fifth Third Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30206 | &nbsp;&nbsp;&nbsp;&nbsp; 1085604 |
| Huntington Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;106477 | &nbsp;&nbsp;&nbsp;&nbsp; 1547111 |
| JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38899 | &nbsp;&nbsp;&nbsp;&nbsp; 9515473 |
| Regions Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61283 | &nbsp;&nbsp;&nbsp;&nbsp; 1250786 |
| Wells Fargo & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51338 | &nbsp;&nbsp;&nbsp;&nbsp; 3645511 |
|  |  | &nbsp;&nbsp;**$21210470** |
| Beverages — 0.7% | Beverages — 0.7% | Beverages — 0.7% |
| Coca-Cola Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66794 | &nbsp;&nbsp;$4845905 |
| PepsiCo, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23819 | &nbsp;&nbsp;&nbsp;&nbsp; 3229380 |
|  |  | &nbsp;&nbsp;**$8075285** |
| Biotechnology — 0.8% | Biotechnology — 0.8% | Biotechnology — 0.8% |
| AbbVie, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27526 | &nbsp;&nbsp;$5370323 |
| Amgen, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11534 | &nbsp;&nbsp;&nbsp;&nbsp; 3355471 |
|  |  | &nbsp;&nbsp;**$8725794** |
| Broadline Retail — 2.0% | Broadline Retail — 2.0% | Broadline Retail — 2.0% |
| Amazon.com, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;119359 | &nbsp;&nbsp;$22012187 |
|  |  | &nbsp;&nbsp;**$22012187** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Building Products — 0.3% | Building Products — 0.3% | Building Products — 0.3% |
| A.O. Smith Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16850 | &nbsp;&nbsp;$1143441 |
| Carrier Global Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28754 | &nbsp;&nbsp;&nbsp;&nbsp; 1798275 |
|  |  | &nbsp;&nbsp;**$2941716** |
| Capital Markets — 1.3% | Capital Markets — 1.3% | Capital Markets — 1.3% |
| Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4371 | &nbsp;&nbsp;$2058828 |
| Cboe Global Markets, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7976 | &nbsp;&nbsp;&nbsp;&nbsp; 1769077 |
| Invesco Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55837 | &nbsp;&nbsp;&nbsp;&nbsp; 777809 |
| Moody's Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4962 | &nbsp;&nbsp;&nbsp;&nbsp; 2248382 |
| Nasdaq, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24914 | &nbsp;&nbsp;&nbsp;&nbsp; 1898696 |
| S&P Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6506 | &nbsp;&nbsp;&nbsp;&nbsp; 3253325 |
| State Street Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19209 | &nbsp;&nbsp;&nbsp;&nbsp; 1692313 |
|  |  | &nbsp;&nbsp;**$13698430** |
| Chemicals — 0.7% | Chemicals — 0.7% | Chemicals — 0.7% |
| CF Industries Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10887 | &nbsp;&nbsp;$853214 |
| Linde PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8750 | &nbsp;&nbsp;&nbsp;&nbsp; 3965763 |
| Sherwin-Williams Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6763 | &nbsp;&nbsp;&nbsp;&nbsp; 2386798 |
|  |  | &nbsp;&nbsp;**$7205775** |
| Commercial Services & Supplies — 0.2% | Commercial Services & Supplies — 0.2% | Commercial Services & Supplies — 0.2% |
| Republic Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9107 | &nbsp;&nbsp;$2283580 |
|  |  | &nbsp;&nbsp;**$2283580** |
| Communications Equipment — 0.5% | Communications Equipment — 0.5% | Communications Equipment — 0.5% |
| Cisco Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71563 | &nbsp;&nbsp;$4131332 |
| F5, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4503 | &nbsp;&nbsp;&nbsp;&nbsp; 1192124 |
|  |  | &nbsp;&nbsp;**$5323456** |
| Construction & Engineering — 0.2% | Construction & Engineering — 0.2% | Construction & Engineering — 0.2% |
| Quanta Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6781 | &nbsp;&nbsp;$1984731 |
|  |  | &nbsp;&nbsp;**$1984731** |
| Consumer Finance — 0.4% | Consumer Finance — 0.4% | Consumer Finance — 0.4% |
| Discover Financial Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12725 | &nbsp;&nbsp;$2324476 |
| Synchrony Financial | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32515 | &nbsp;&nbsp;&nbsp;&nbsp; 1689154 |
|  |  | &nbsp;&nbsp;**$4013630** |
| Consumer Staples Distribution & Retail — 1.3% | Consumer Staples Distribution & Retail — 1.3% | Consumer Staples Distribution & Retail — 1.3% |
| Costco Wholesale Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6575 | &nbsp;&nbsp;$6538838 |
| Kroger Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23840 | &nbsp;&nbsp;&nbsp;&nbsp; 1721486 |
| Walmart, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63123 | &nbsp;&nbsp;&nbsp;&nbsp; 6138712 |
|  |  | &nbsp;&nbsp;**$14399036** |

---

------

Parametric

Volatility Risk Premium - Defensive Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Containers & Packaging — 0.2% | Containers & Packaging — 0.2% | Containers & Packaging — 0.2% |
| Avery Dennison Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5654 | &nbsp;&nbsp;$967456 |
| Packaging Corp. of America | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5963 | &nbsp;&nbsp;&nbsp;&nbsp; 1106792 |
| Sealed Air Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10332 | &nbsp;&nbsp;&nbsp;&nbsp; 284750 |
|  |  | &nbsp;&nbsp;**$2358998** |
| Distributors — 0.1% | Distributors — 0.1% | Distributors — 0.1% |
| LKQ Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33678 | &nbsp;&nbsp;$1286836 |
|  |  | &nbsp;&nbsp;**$1286836** |
| Diversified Telecommunication Services — 0.3% | Diversified Telecommunication Services — 0.3% | Diversified Telecommunication Services — 0.3% |
| Verizon Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83220 | &nbsp;&nbsp;$3666673 |
|  |  | &nbsp;&nbsp;**$3666673** |
| Electric Utilities — 0.9% | Electric Utilities — 0.9% | Electric Utilities — 0.9% |
| Alliant Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25795 | &nbsp;&nbsp;$1574527 |
| Entergy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25836 | &nbsp;&nbsp;&nbsp;&nbsp; 2148780 |
| Evergy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23682 | &nbsp;&nbsp;&nbsp;&nbsp; 1636426 |
| NextEra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31952 | &nbsp;&nbsp;&nbsp;&nbsp; 2136950 |
| NRG Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18654 | &nbsp;&nbsp;&nbsp;&nbsp; 2044105 |
| Pinnacle West Capital Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8220 | &nbsp;&nbsp;&nbsp;&nbsp; 782380 |
|  |  | &nbsp;&nbsp;**$10323168** |
| Electrical Equipment — 0.4% | Electrical Equipment — 0.4% | Electrical Equipment — 0.4% |
| Eaton Corp. PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10470 | &nbsp;&nbsp;$3082054 |
| GE Vernova, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4667 | &nbsp;&nbsp;&nbsp;&nbsp; 1730617 |
|  |  | &nbsp;&nbsp;**$4812671** |
| Electronic Equipment, Instruments & Components — 0.4% | Electronic Equipment, Instruments & Components — 0.4% | Electronic Equipment, Instruments & Components — 0.4% |
| CDW Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10318 | &nbsp;&nbsp;$1656658 |
| TE Connectivity PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10461 | &nbsp;&nbsp;&nbsp;&nbsp; 1531281 |
| Trimble, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24079 | &nbsp;&nbsp;&nbsp;&nbsp; 1496269 |
|  |  | &nbsp;&nbsp;**$4684208** |
| Entertainment — 0.7% | Entertainment — 0.7% | Entertainment — 0.7% |
| Netflix, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6451 | &nbsp;&nbsp;$7300726 |
|  |  | &nbsp;&nbsp;**$7300726** |
| Financial Services — 2.7% | Financial Services — 2.7% | Financial Services — 2.7% |
| Berkshire Hathaway, Inc., Class B<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24360 | &nbsp;&nbsp;$12989970 |
| Corpay, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5211 | &nbsp;&nbsp;&nbsp;&nbsp; 1695503 |
| Mastercard, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12251 | &nbsp;&nbsp;&nbsp;&nbsp; 6714283 |
| Visa, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24538 | &nbsp;&nbsp;&nbsp;&nbsp; 8477879 |
|  |  | &nbsp;&nbsp;**$29877635** |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Food Products — 0.2% | Food Products — 0.2% | Food Products — 0.2% |
| Campbell's Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16535 | &nbsp;&nbsp;$602866 |
| Conagra Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36334 | &nbsp;&nbsp;&nbsp;&nbsp; 897813 |
| McCormick & Co., Inc., Non Voting Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10130 | &nbsp;&nbsp;&nbsp;&nbsp; 776566 |
|  |  | &nbsp;&nbsp;**$2277245** |
| Ground Transportation — 0.6% | Ground Transportation — 0.6% | Ground Transportation — 0.6% |
| J.B. Hunt Transport Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5898 | &nbsp;&nbsp;$770161 |
| Uber Technologies, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44135 | &nbsp;&nbsp;&nbsp;&nbsp; 3575376 |
| Union Pacific Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10581 | &nbsp;&nbsp;&nbsp;&nbsp; 2281899 |
|  |  | &nbsp;&nbsp;**$6627436** |
| Health Care Equipment & Supplies — 1.4% | Health Care Equipment & Supplies — 1.4% | Health Care Equipment & Supplies — 1.4% |
| Abbott Laboratories | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30560 | &nbsp;&nbsp;$3995719 |
| Boston Scientific Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32535 | &nbsp;&nbsp;&nbsp;&nbsp; 3346876 |
| Cooper Cos., Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12104 | &nbsp;&nbsp;&nbsp;&nbsp; 988534 |
| IDEXX Laboratories, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3057 | &nbsp;&nbsp;&nbsp;&nbsp; 1322611 |
| Insulet Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6405 | &nbsp;&nbsp;&nbsp;&nbsp; 1615917 |
| Intuitive Surgical, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6865 | &nbsp;&nbsp;&nbsp;&nbsp; 3540967 |
|  |  | &nbsp;&nbsp;**$14810624** |
| Health Care Providers & Services — 1.0% | Health Care Providers & Services — 1.0% | Health Care Providers & Services — 1.0% |
| Cencora, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7142 | &nbsp;&nbsp;$2090249 |
| DaVita, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8276 | &nbsp;&nbsp;&nbsp;&nbsp; 1171468 |
| Quest Diagnostics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9918 | &nbsp;&nbsp;&nbsp;&nbsp; 1767586 |
| UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14333 | &nbsp;&nbsp;&nbsp;&nbsp; 5897169 |
|  |  | &nbsp;&nbsp;**$10926472** |
| Hotel & Resort REITs — 0.0%<sup>†</sup> | Hotel & Resort REITs — 0.0%<sup>†</sup> | Hotel & Resort REITs — 0.0%<sup>†</sup> |
| Host Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14588 | &nbsp;&nbsp;$205983 |
|  |  | &nbsp;&nbsp;**$205983** |
| Hotels, Restaurants & Leisure — 1.1% | Hotels, Restaurants & Leisure — 1.1% | Hotels, Restaurants & Leisure — 1.1% |
| Carnival Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61479 | &nbsp;&nbsp;$1127525 |
| Expedia Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10190 | &nbsp;&nbsp;&nbsp;&nbsp; 1599117 |
| Las Vegas Sands Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42294 | &nbsp;&nbsp;&nbsp;&nbsp; 1550921 |
| McDonald's Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12945 | &nbsp;&nbsp;&nbsp;&nbsp; 4137869 |
| Starbucks Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29948 | &nbsp;&nbsp;&nbsp;&nbsp; 2397337 |
| Wynn Resorts Ltd.<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10917 | &nbsp;&nbsp;&nbsp;&nbsp; 876744 |
|  |  | &nbsp;&nbsp;**$11689513** |
| Household Durables — 0.1% | Household Durables — 0.1% | Household Durables — 0.1% |
| Lennar Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13510 | &nbsp;&nbsp;$1467321 |
|  |  | &nbsp;&nbsp;**$1467321** |

---

------

Parametric

Volatility Risk Premium - Defensive Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Household Products — 0.5% | Household Products — 0.5% | Household Products — 0.5% |
| Procter & Gamble Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36432 | &nbsp;&nbsp;$5922750 |
|  |  | &nbsp;&nbsp;**$5922750** |
| Independent Power and Renewable Electricity Producers — 0.1% | Independent Power and Renewable Electricity Producers — 0.1% | Independent Power and Renewable Electricity Producers — 0.1% |
| Vistra Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11147 | &nbsp;&nbsp;$1444986 |
|  |  | &nbsp;&nbsp;**$1444986** |
| Industrial Conglomerates — 0.3% | Industrial Conglomerates — 0.3% | Industrial Conglomerates — 0.3% |
| Honeywell International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14322 | &nbsp;&nbsp;$3014781 |
|  |  | &nbsp;&nbsp;**$3014781** |
| Insurance — 1.1% | Insurance — 1.1% | Insurance — 1.1% |
| American International Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24083 | &nbsp;&nbsp;$1963246 |
| Arthur J. Gallagher & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7424 | &nbsp;&nbsp;&nbsp;&nbsp; 2380802 |
| Assurant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6036 | &nbsp;&nbsp;&nbsp;&nbsp; 1163379 |
| Everest Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3226 | &nbsp;&nbsp;&nbsp;&nbsp; 1157586 |
| Progressive Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13267 | &nbsp;&nbsp;&nbsp;&nbsp; 3737845 |
| Unum Group | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22676 | &nbsp;&nbsp;&nbsp;&nbsp; 1761018 |
|  |  | &nbsp;&nbsp;**$12163876** |
| Interactive Media & Services — 3.3% | Interactive Media & Services — 3.3% | Interactive Media & Services — 3.3% |
| Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69586 | &nbsp;&nbsp;$11050257 |
| Alphabet, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56646 | &nbsp;&nbsp;&nbsp;&nbsp; 9113775 |
| Match Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14789 | &nbsp;&nbsp;&nbsp;&nbsp; 438641 |
| Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27000 | &nbsp;&nbsp;&nbsp;&nbsp; 14823000 |
|  |  | &nbsp;&nbsp;**$35425673** |
| IT Services — 0.3% | IT Services — 0.3% | IT Services — 0.3% |
| Accenture PLC, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12103 | &nbsp;&nbsp;$3620612 |
|  |  | &nbsp;&nbsp;**$3620612** |
| Leisure Products — 0.1% | Leisure Products — 0.1% | Leisure Products — 0.1% |
| Hasbro, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14657 | &nbsp;&nbsp;$907268 |
|  |  | &nbsp;&nbsp;**$907268** |
| Life Sciences Tools & Services — 0.7% | Life Sciences Tools & Services — 0.7% | Life Sciences Tools & Services — 0.7% |
| Danaher Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9993 | &nbsp;&nbsp;$1991905 |
| IQVIA Holdings, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6039 | &nbsp;&nbsp;&nbsp;&nbsp; 936468 |
| Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7806 | &nbsp;&nbsp;&nbsp;&nbsp; 3348774 |
| Waters Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3206 | &nbsp;&nbsp;&nbsp;&nbsp; 1114822 |
|  |  | &nbsp;&nbsp;**$7391969** |
| Machinery — 0.5% | Machinery — 0.5% | Machinery — 0.5% |
| Flowserve Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2794 | &nbsp;&nbsp;$126373 |
| PACCAR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21700 | &nbsp;&nbsp;&nbsp;&nbsp; 1957557 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Machinery (continued) | Machinery (continued) | Machinery (continued) |
| Pentair PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17848 | &nbsp;&nbsp;$1619349 |
| Westinghouse Air Brake Technologies Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10792 | &nbsp;&nbsp;&nbsp;&nbsp; 1993714 |
|  |  | &nbsp;&nbsp;**$5696993** |
| Media — 0.5% | Media — 0.5% | Media — 0.5% |
| Comcast Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81013 | &nbsp;&nbsp;$2770645 |
| Omnicom Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15047 | &nbsp;&nbsp;&nbsp;&nbsp; 1145979 |
| Paramount Global, Class B | &nbsp;&nbsp;&nbsp;&nbsp;132376 | &nbsp;&nbsp;&nbsp;&nbsp; 1554094 |
|  |  | &nbsp;&nbsp;**$5470718** |
| Metals & Mining — 0.2% | Metals & Mining — 0.2% | Metals & Mining — 0.2% |
| Freeport-McMoRan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47165 | &nbsp;&nbsp;$1699355 |
|  |  | &nbsp;&nbsp;**$1699355** |
| Multi-Utilities — 0.3% | Multi-Utilities — 0.3% | Multi-Utilities — 0.3% |
| CMS Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22648 | &nbsp;&nbsp;$1668025 |
| WEC Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16366 | &nbsp;&nbsp;&nbsp;&nbsp; 1792405 |
|  |  | &nbsp;&nbsp;**$3460430** |
| Oil, Gas & Consumable Fuels — 1.7% | Oil, Gas & Consumable Fuels — 1.7% | Oil, Gas & Consumable Fuels — 1.7% |
| APA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26833 | &nbsp;&nbsp;$416985 |
| Chevron Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29231 | &nbsp;&nbsp;&nbsp;&nbsp; 3977170 |
| ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13610 | &nbsp;&nbsp;&nbsp;&nbsp; 1212923 |
| Devon Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37536 | &nbsp;&nbsp;&nbsp;&nbsp; 1141470 |
| EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13580 | &nbsp;&nbsp;&nbsp;&nbsp; 1498281 |
| Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64541 | &nbsp;&nbsp;&nbsp;&nbsp; 6817466 |
| HF Sinclair Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23402 | &nbsp;&nbsp;&nbsp;&nbsp; 703698 |
| Kinder Morgan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53031 | &nbsp;&nbsp;&nbsp;&nbsp; 1394715 |
| ONEOK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21880 | &nbsp;&nbsp;&nbsp;&nbsp; 1797661 |
|  |  | &nbsp;&nbsp;**$18960369** |
| Passenger Airlines — 0.1% | Passenger Airlines — 0.1% | Passenger Airlines — 0.1% |
| Alaska Air Group, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18761 | &nbsp;&nbsp;$830549 |
|  |  | &nbsp;&nbsp;**$830549** |
| Pharmaceuticals — 1.8% | Pharmaceuticals — 1.8% | Pharmaceuticals — 1.8% |
| Eli Lilly & Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11288 | &nbsp;&nbsp;$10147347 |
| Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37528 | &nbsp;&nbsp;&nbsp;&nbsp; 5866002 |
| Merck & Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45640 | &nbsp;&nbsp;&nbsp;&nbsp; 3888528 |
|  |  | &nbsp;&nbsp;**$19901877** |
| Professional Services — 0.5% | Professional Services — 0.5% | Professional Services — 0.5% |
| Amentum Holdings, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8461 | &nbsp;&nbsp;$184619 |
| Jacobs Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8461 | &nbsp;&nbsp;&nbsp;&nbsp; 1047472 |
| Leidos Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4027 | &nbsp;&nbsp;&nbsp;&nbsp; 592694 |

---

------

Parametric

Volatility Risk Premium - Defensive Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Professional Services (continued) | Professional Services (continued) | Professional Services (continued) |
| Paycom Software, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8373 | &nbsp;&nbsp;$1895563 |
| Verisk Analytics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6550 | &nbsp;&nbsp;&nbsp;&nbsp; 1941617 |
|  |  | &nbsp;&nbsp;**$5661965** |
| Residential REITs — 0.4% | Residential REITs — 0.4% | Residential REITs — 0.4% |
| Equity Residential | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24155 | &nbsp;&nbsp;$1697130 |
| Mid-America Apartment Communities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9213 | &nbsp;&nbsp;&nbsp;&nbsp; 1470856 |
| UDR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34674 | &nbsp;&nbsp;&nbsp;&nbsp; 1452147 |
|  |  | &nbsp;&nbsp;**$4620133** |
| Retail REITs — 0.1% | Retail REITs — 0.1% | Retail REITs — 0.1% |
| Kimco Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57235 | &nbsp;&nbsp;$1143555 |
|  |  | &nbsp;&nbsp;**$1143555** |
| Semiconductors & Semiconductor Equipment — 5.3% | Semiconductors & Semiconductor Equipment — 5.3% | Semiconductors & Semiconductor Equipment — 5.3% |
| Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13516 | &nbsp;&nbsp;$2634539 |
| Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63774 | &nbsp;&nbsp;&nbsp;&nbsp; 12274582 |
| Intel Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98546 | &nbsp;&nbsp;&nbsp;&nbsp; 1980775 |
| KLA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4203 | &nbsp;&nbsp;&nbsp;&nbsp; 2953406 |
| NVIDIA Corp. | &nbsp;&nbsp;&nbsp;&nbsp;279505 | &nbsp;&nbsp;&nbsp;&nbsp; 30443685 |
| Qorvo, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2123 | &nbsp;&nbsp;&nbsp;&nbsp; 152155 |
| QUALCOMM, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18464 | &nbsp;&nbsp;&nbsp;&nbsp; 2741165 |
| Skyworks Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24418 | &nbsp;&nbsp;&nbsp;&nbsp; 1569589 |
| Teradyne, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6334 | &nbsp;&nbsp;&nbsp;&nbsp; 470046 |
| Texas Instruments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15104 | &nbsp;&nbsp;&nbsp;&nbsp; 2417395 |
|  |  | &nbsp;&nbsp;**$57637337** |
| Software — 5.5% | Software — 5.5% | Software — 5.5% |
| Adobe, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6503 | &nbsp;&nbsp;$2438495 |
| Autodesk, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7678 | &nbsp;&nbsp;&nbsp;&nbsp; 2105691 |
| Crowdstrike Holdings, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6301 | &nbsp;&nbsp;&nbsp;&nbsp; 2702310 |
| Fair Isaac Corp.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1042 | &nbsp;&nbsp;&nbsp;&nbsp; 2073247 |
| Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5564 | &nbsp;&nbsp;&nbsp;&nbsp; 3491243 |
| Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82460 | &nbsp;&nbsp;&nbsp;&nbsp; 32593140 |
| Oracle Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29173 | &nbsp;&nbsp;&nbsp;&nbsp; 4105224 |
| Palantir Technologies, Inc., Class A<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35991 | &nbsp;&nbsp;&nbsp;&nbsp; 4262774 |
| Salesforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13077 | &nbsp;&nbsp;&nbsp;&nbsp; 3513921 |
| Synopsys, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5075 | &nbsp;&nbsp;&nbsp;&nbsp; 2329476 |
|  |  | &nbsp;&nbsp;**$59615521** |
| Specialized REITs — 0.6% | Specialized REITs — 0.6% | Specialized REITs — 0.6% |
| Extra Space Storage, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11676 | &nbsp;&nbsp;$1710767 |
| Iron Mountain, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9189 | &nbsp;&nbsp;&nbsp;&nbsp; 823978 |
| Millrose Properties, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6755 | &nbsp;&nbsp;&nbsp;&nbsp; 169145 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Specialized REITs (continued) | Specialized REITs (continued) | Specialized REITs (continued) |
| Public Storage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6639 | &nbsp;&nbsp;$1994555 |
| SBA Communications Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5673 | &nbsp;&nbsp;&nbsp;&nbsp; 1380808 |
|  |  | &nbsp;&nbsp;**$6079253** |
| Specialty Retail — 1.0% | Specialty Retail — 1.0% | Specialty Retail — 1.0% |
| Bath & Body Works, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20278 | &nbsp;&nbsp;$618682 |
| CarMax, Inc.<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7922 | &nbsp;&nbsp;&nbsp;&nbsp; 512316 |
| Home Depot, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15678 | &nbsp;&nbsp;&nbsp;&nbsp; 5651762 |
| Lowe's Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10197 | &nbsp;&nbsp;&nbsp;&nbsp; 2279641 |
| Ross Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9123 | &nbsp;&nbsp;&nbsp;&nbsp; 1268097 |
|  |  | &nbsp;&nbsp;**$10330498** |
| Technology Hardware, Storage & Peripherals — 3.3% | Technology Hardware, Storage & Peripherals — 3.3% | Technology Hardware, Storage & Peripherals — 3.3% |
| Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;162399 | &nbsp;&nbsp;$34509787 |
| HP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65891 | &nbsp;&nbsp;&nbsp;&nbsp; 1684833 |
|  |  | &nbsp;&nbsp;**$36194620** |
| Textiles, Apparel & Luxury Goods — 0.1% | Textiles, Apparel & Luxury Goods — 0.1% | Textiles, Apparel & Luxury Goods — 0.1% |
| Ralph Lauren Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3952 | &nbsp;&nbsp;$889002 |
|  |  | &nbsp;&nbsp;**$889002** |
| Tobacco — 0.5% | Tobacco — 0.5% | Tobacco — 0.5% |
| Philip Morris International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28680 | &nbsp;&nbsp;$4914605 |
|  |  | &nbsp;&nbsp;**$4914605** |
| Trading Companies & Distributors — 0.2% | Trading Companies & Distributors — 0.2% | Trading Companies & Distributors — 0.2% |
| W.W. Grainger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1905 | &nbsp;&nbsp;$1951311 |
|  |  | &nbsp;&nbsp;**$1951311** |
| Total Common Stocks<br> (identified cost $257,795,143) |  | &nbsp;&nbsp;**$559529892** |

---

Short-Term Investments — 49.3%

Affiliated Fund — 2.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.24%<sup>(3)</sup> | 22611522 | &nbsp;&nbsp;$22611522 |
| Total Affiliated Fund<br> (identified cost $22,611,522) |  | &nbsp;&nbsp;**$22611522** |

---

------

Parametric

Volatility Risk Premium - Defensive Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

U.S. Treasury Obligations — 47.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Bills: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 5/15/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2707 | &nbsp;&nbsp;$2702568 |
| &nbsp;&nbsp;&nbsp;0.00%, 6/12/25<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7860 | &nbsp;&nbsp;&nbsp;&nbsp; 7821239 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/7/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25353 | &nbsp;&nbsp;&nbsp;&nbsp; 25064770 |
| &nbsp;&nbsp;&nbsp;0.00%, 9/4/25<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26804 | &nbsp;&nbsp;&nbsp;&nbsp; 26416484 |
| &nbsp;&nbsp;&nbsp;0.00%, 10/2/25<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25840 | &nbsp;&nbsp;&nbsp;&nbsp; 25389050 |
| &nbsp;&nbsp;&nbsp;0.00%, 11/28/25<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9430 | &nbsp;&nbsp;&nbsp;&nbsp; 9214446 |
| &nbsp;&nbsp;&nbsp;0.00%, 1/22/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13584 | &nbsp;&nbsp;&nbsp;&nbsp; 13203159 |
| &nbsp;&nbsp;&nbsp;0.00%, 2/19/26<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36706 | &nbsp;&nbsp;&nbsp;&nbsp; 35577383 |
| &nbsp;&nbsp;&nbsp;0.00%, 4/16/26<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13510 | &nbsp;&nbsp;&nbsp;&nbsp; 13024204 |
| U.S. Treasury Notes: |  |  |
| &nbsp;&nbsp;&nbsp;0.25%, 7/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57353 | &nbsp;&nbsp;&nbsp;&nbsp; 56776281 |
| &nbsp;&nbsp;&nbsp;0.25%, 8/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4248 | &nbsp;&nbsp;&nbsp;&nbsp; 4191481 |
| &nbsp;&nbsp;&nbsp;0.25%, 10/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp; 23539709 |
| &nbsp;&nbsp;&nbsp;1.625%, 2/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7128 | &nbsp;&nbsp;&nbsp;&nbsp; 6996099 |
| &nbsp;&nbsp;&nbsp;2.00%, 8/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12744 | &nbsp;&nbsp;&nbsp;&nbsp; 12658051 |
| &nbsp;&nbsp;&nbsp;2.75%, 5/15/25<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33427 | &nbsp;&nbsp;&nbsp;&nbsp; 33405293 |
| &nbsp;&nbsp;&nbsp;2.75%, 6/30/25<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp; 49877071 |
| &nbsp;&nbsp;&nbsp;3.125%, 8/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8496 | &nbsp;&nbsp;&nbsp;&nbsp; 8467013 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10188 | &nbsp;&nbsp;&nbsp;&nbsp; 10200842 |
| &nbsp;&nbsp;&nbsp;4.625%, 6/30/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 | &nbsp;&nbsp;&nbsp;&nbsp; 25013984 |
| &nbsp;&nbsp;&nbsp;4.625%, 2/28/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10692 | &nbsp;&nbsp;&nbsp;&nbsp; 10745579 |
| &nbsp;&nbsp;&nbsp;4.75%, 7/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25353 | &nbsp;&nbsp;&nbsp;&nbsp; 25379949 |
| &nbsp;&nbsp;&nbsp;4.875%, 11/30/25<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28938 | &nbsp;&nbsp;&nbsp;&nbsp; 29063549 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4248 | &nbsp;&nbsp;&nbsp;&nbsp; 4256482 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/30/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;&nbsp; 28088628 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28270 | &nbsp;&nbsp;&nbsp;&nbsp; 28385126 |
| Total U.S. Treasury Obligations<br> (identified cost $515,132,732) |  | &nbsp;&nbsp;**$515458440** |
| Total Short-Term Investments<br> (identified cost $537,744,254) |  | &nbsp;&nbsp;**$538069962** |
| Total Investments — 100.6%<br> (identified cost $795,539,397) |  | &nbsp;&nbsp;**$1097599854** |
| Total Written Options — (0.6)%<br> (premiums received $5,557,329) |  | &nbsp;&nbsp;**$(6191230)** |
| Other Assets, Less Liabilities — (0.0)%<sup>†</sup> |  | &nbsp;&nbsp;**$(815364)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$1090593260** |

---

---

| | |
|:---|:---|
| 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, 2025. The aggregate market value of securities on loan at April 30, 2025 was $112,706,802 and the total market value of the collateral received by the Fund was $116,784,159, comprised of U.S. government and/or agencies securities. |
| <sup>(3)</sup> | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of April 30, 2025. |
| <sup>(4)</sup> | Security (or a portion thereof) has been pledged as collateral for written options. |

---

------

Parametric

Volatility Risk Premium - Defensive Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Written Call Options (Exchange-Traded) — (0.5)%** | **Written Call Options (Exchange-Traded) — (0.5)%** | **Written Call Options (Exchange-Traded) — (0.5)%** | **Written Call Options (Exchange-Traded) — (0.5)%** | **Written Call Options (Exchange-Traded) — (0.5)%** | **Written Call Options (Exchange-Traded) — (0.5)%** |
| **Description** | &nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| S&P 500 Index | &nbsp;&nbsp;79 | $&nbsp;&nbsp;43995574 | $&nbsp;&nbsp;5530 | &nbsp;&nbsp; 5/2/25 | &nbsp;&nbsp;$(522190) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5630 | &nbsp;&nbsp; 5/2/25 | &nbsp;&nbsp; (153260) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5500 | &nbsp;&nbsp; 5/5/25 | &nbsp;&nbsp; (757215) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5635 | &nbsp;&nbsp; 5/5/25 | &nbsp;&nbsp; (191180) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5620 | &nbsp;&nbsp; 5/7/25 | &nbsp;&nbsp; (319160) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5645 | &nbsp;&nbsp; 5/7/25 | &nbsp;&nbsp; (311260) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5710 | &nbsp;&nbsp; 5/9/25 | &nbsp;&nbsp; (147730) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5675 | &nbsp;&nbsp;5/12/25 | &nbsp;&nbsp; (261095) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5600 | &nbsp;&nbsp;5/14/25 | &nbsp;&nbsp; (615015) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5475 | &nbsp;&nbsp;5/19/25 | &nbsp;&nbsp;(1320090) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5750 | &nbsp;&nbsp;5/23/25 | &nbsp;&nbsp; (293880) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;43995574 | &nbsp;&nbsp;5800 | &nbsp;&nbsp;5/28/25 | &nbsp;&nbsp; (268600) |
| **Total** |  |  |  |  | &nbsp;&nbsp;**$(5160675)** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Written Put Options (Exchange-Traded) — (0.1)%** |  |  |  |  |  |
| **Description** | &nbsp;&nbsp;**Number of<br> Contracts** | &nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;**Exercise<br> Price** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Value** |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;$43995574 | &nbsp;&nbsp;$5300 | &nbsp;&nbsp; 5/2/25 | &nbsp;&nbsp;$(15800) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;43995574 | &nbsp;&nbsp;&nbsp;&nbsp;5325 | &nbsp;&nbsp; 5/5/25 | &nbsp;&nbsp; (53325) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;43995574 | &nbsp;&nbsp;&nbsp;&nbsp;5125 | &nbsp;&nbsp; 5/7/25 | &nbsp;&nbsp; (21725) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;43995574 | &nbsp;&nbsp;&nbsp;&nbsp;5330 | &nbsp;&nbsp; 5/7/25 | &nbsp;&nbsp; (93615) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;43995574 | &nbsp;&nbsp;&nbsp;&nbsp;5250 | &nbsp;&nbsp;5/12/25 | &nbsp;&nbsp; (139040) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;43995574 | &nbsp;&nbsp;&nbsp;&nbsp;4950 | &nbsp;&nbsp;5/14/25 | &nbsp;&nbsp; (52535) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;43995574 | &nbsp;&nbsp;&nbsp;&nbsp;4800 | &nbsp;&nbsp;5/19/25 | &nbsp;&nbsp; (53720) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;43995574 | &nbsp;&nbsp;&nbsp;&nbsp;5175 | &nbsp;&nbsp;5/23/25 | &nbsp;&nbsp; (260700) |
| S&P 500 Index | &nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;43995574 | &nbsp;&nbsp;&nbsp;&nbsp;5250 | &nbsp;&nbsp;5/28/25 | &nbsp;&nbsp; (340095) |
| **Total** |  |  |  |  | &nbsp;&nbsp;**$(1030555)** |

---

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| REITs | – Real Estate Investment Trusts |

---

At April 30, 2025, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.

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

------

Parametric

Volatility Risk Premium - Defensive Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

Affiliated Investments

At April 30, 2025, the value of the Fund's investment in funds that may be deemed to be affiliated was $22,611,522, which represents 2.1% of the Fund's net assets. Transactions in such investments by the Fund for the fiscal year to date ended April 30, 2025 were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Name** | **Value,<br> beginning<br> of period** | **Purchases** | **Sales<br> proceeds** | **Net realized<br> gain (loss)** | **Change in<br> unrealized<br> appreciation<br> (depreciation)** | **Value, end<br> of period** | **Dividend<br> income** | **Shares,<br> end of period** |
| **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** | **Short-Term Investments** |
| Liquidity Fund, Institutional Class<sup>(1)</sup> | $37500036 | $131501736 | $(146390250) | $— | $— | $22611522 | $124622 | 22611522 |

---

<sup>(1)</sup> Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio.

Fair Value Measurements

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

• Level 1 – quoted prices in active markets for identical investments

• Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At April 30, 2025, 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;$559,529,892\* | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$559529892 |
| Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Affiliated Fund | &nbsp;&nbsp;&nbsp;&nbsp; 22611522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22611522 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515458440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 515458440 |
| **Total Investments** | &nbsp;&nbsp;**$582141414** | &nbsp;&nbsp;&nbsp;&nbsp;**$515458440** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$1097599854** |
| **Liability Description** |  |  |  |  |
| Written Call Options | &nbsp;&nbsp;$(5160675) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$(5160675) |
| Written Put Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1030555) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1030555) |
| **Total** | &nbsp;&nbsp;**$(6191230)** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$(6191230)** |

---

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

For information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent annual or semi-annual financial statements.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Eaton Vance Mutual Funds Trust

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

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

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

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

  - **Street Address 1:** One Post Office Square

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02109

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

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

- **a. Name of Series:** Parametric Volatility Risk Premium - Defensive Fund

- **b. EDGAR series identifier (if any):** S000056237

- **c. LEI of Series:** 5493008EMVMCWX2WBA34

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

- **a. Date of fiscal year-end:** 2026-01-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1100420055.18

**Total Liabilities:** $10564525.50

**Net Assets:** $1089855529.68

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.08000000 | **1-Year:** 0.08000000 | **5-Year:** 0.08000000 | **10-Year:** 0.08000000 | **30-Year:** 0.08000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000177028 | -0.32%               | -3.07%               | -0.40%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $156.36                  | $-8371065.89                               |
| Month 2  | $-1403158.99             | $-33407999.81                              |
| Month 3  | $-3229670.92             | $1551835.78                                |

**Designated Index Information**

- **Index Name:** S&P 500

- **Index Identifier:** SPX

### Schedule of Portfolio Investments

| Name                                       | Title                                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Honeywell International Inc                | Honeywell International Inc                                         | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     14267 | NS      | $3003203.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services                | Discover Financial Services                                         | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |     12725 | NS      | $2324475.75   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                          | Cisco Systems Inc                                                   | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     71563 | NS      | $4131331.99   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc                               | Assurant Inc                                                        | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |      6036 | NS      | $1163378.64   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                             | Salesforce Inc                                                      | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     13077 | NS      | $3513920.67   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                 | Intuit Inc                                                          | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      5564 | NS      | $3491243.08   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                  | L3Harris Technologies Inc                                           | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      9137 | NS      | $2010322.74   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                              | Accenture PLC                                                       | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     10953 | NS      | $3276589.95   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                         | Equity Residential                                                  | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               |  | US        |     23780 | NS      | $1670782.80   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                | Vistra Corp                                                         | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     11147 | NS      | $1444985.61   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington Inc | Expeditors International of Washington Inc                          | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      6721 | NS      | $738705.11    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                       | Progressive Corp/The                                                | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     13267 | NS      | $3737844.58   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                         | Union Pacific Corp                                                  | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     10581 | NS      | $2281898.46   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                          | Johnson & Johnson                                                   | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     37165 | NS      | $5809261.15   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                            | McDonald's Corp                                                     | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     12641 | NS      | $4040695.65   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Bills                                                 | CUSIP: 912797MH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  26804000 | PA      | $26416483.59  | 2.42%             | 2025-09-04      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| UnitedHealth Group Inc                     | UnitedHealth Group Inc                                              | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     13248 | NS      | $5450757.12   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc            | Philip Morris International Inc                                     | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     28680 | NS      | $4914604.80   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-139040.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                | Pentair PLC                                                         | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |     17848 | NS      | $1619349.04   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                           | Wells Fargo & Co                                                    | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     49013 | NS      | $3480413.13   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-260700.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                         | NextEra Energy Inc                                                  | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     31952 | NS      | $2136949.76   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-293880.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                                    | UDR Inc                                                             | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               |  | US        |     34674 | NS      | $1452147.12   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                 | AbbVie Inc                                                          | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     27526 | NS      | $5370322.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-522190.00   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Bills                                                 | CUSIP: 912797MG9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  25353000 | PA      | $25064769.86  | 2.30%             | 2025-08-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CAJ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4248000 | PA      | $4191481.34   | 0.38%             | 2025-08-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc               | Thermo Fisher Scientific Inc                                        | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      7386 | NS      | $3168594.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                      | Costco Wholesale Corp                                               | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      6395 | NS      | $6359827.50   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                          | Expedia Group Inc                                                   | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9477 | NS      | $1487225.61   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                          | Everest Group Ltd                                                   | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      3226 | NS      | $1157585.58   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                      | Uber Technologies Inc                                               | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     44135 | NS      | $3575376.35   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                               | Teradyne Inc                                                        | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |      6334 | NS      | $470046.14    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc                       | WEC Energy Group Inc                                                | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     16366 | NS      | $1792404.32   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                          | EOG Resources Inc                                                   | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     13580 | NS      | $1498281.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 912828XZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49877071.00  | 4.58%             | 2025-06-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| Omnicom Group Inc                          | Omnicom Group Inc                                                   | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     15047 | NS      | $1145979.52   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cooper Cos Inc/The                         | Cooper Cos Inc/The                                                  | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |     12104 | NS      | $988533.68    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DaVita Inc                                 | DaVita Inc                                                          | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |      8276 | NS      | $1171467.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                               | Comcast Corp                                                        | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     78744 | NS      | $2693044.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                                  | Qorvo Inc                                                           | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |      2123 | NS      | $152155.41    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-53325.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                                | Invesco Ltd                                                         | CUSIP: 000000000<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |     55837 | NS      | $777809.41    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                               | Moody's Corp                                                        | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      4962 | NS      | $2248381.44   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                        | Paycom Software Inc                                                 | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      8373 | NS      | $1895563.47   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Bills                                                 | CUSIP: 912797NL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   9430000 | PA      | $9214445.95   | 0.85%             | 2025-11-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CKB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10692000 | PA      | $10745579.00  | 0.99%             | 2026-02-28      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Inc/OH               | Huntington Bancshares Inc/OH                                        | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    106477 | NS      | $1547110.81   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy Inc                         | Enphase Energy Inc                                                  | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |      7447 | NS      | $332061.73    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                                | PepsiCo Inc                                                         | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     22751 | NS      | $3084580.58   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                      | Texas Instruments Inc                                               | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     15104 | NS      | $2417395.20   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc                   | Super Micro Computer Inc                                            | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     11522 | NS      | $367090.92    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Alphabet Inc                               | Alphabet Inc                                                        | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     69586 | NS      | $11050256.80  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                   | Visa Inc                                                            | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     24307 | NS      | $8398068.50   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                             | NRG Energy Inc                                                      | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     18654 | NS      | $2044105.32   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                     | Boston Scientific Corp                                              | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     32535 | NS      | $3346875.45   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                                | Lennar Corp                                                         | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     13510 | NS      | $1467321.10   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                        | Leidos Holdings Inc                                                 | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      4027 | NS      | $592693.86    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-153260.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                    | Procter & Gamble Co/The                                             | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     35300 | NS      | $5738721.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                          | State Street Corp                                                   | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     18733 | NS      | $1650377.30   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                       | Lockheed Martin Corp                                                | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      5389 | NS      | $2574594.75   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                             | Lowe's Cos Inc                                                      | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     10197 | NS      | $2279641.32   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro Inc                                 | Hasbro Inc                                                          | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |     14657 | NS      | $907268.30    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp                          | Ralph Lauren Corp                                                   | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      3952 | NS      | $889002.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp/DE                                | CDW Corp/DE                                                         | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      9731 | NS      | $1562409.36   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Phinia Inc                                 | Phinia Inc                                                          | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |      2206 | NS      | $88570.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp                            | Sealed Air Corp                                                     | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |     10332 | NS      | $284749.92    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                             | Microsoft Corp                                                      | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     82460 | NS      | $32593139.60  | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                               | Insulet Corp                                                        | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      6405 | NS      | $1615917.45   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp                             | A O Smith Corp                                                      | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     16850 | NS      | $1143441.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Global                           | Paramount Global                                                    | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |    132376 | NS      | $1554094.24   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Bills                                                 | CUSIP: 912797LN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   7860000 | PA      | $7821239.35   | 0.72%             | 2025-06-12      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| United States Treasury                     | U.S. Treasury Bills                                                 | CUSIP: 912797PD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  13584000 | PA      | $13203158.57  | 1.21%             | 2026-01-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Packaging Corp of America                  | Packaging Corp of America                                           | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      5963 | NS      | $1106792.43   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc                         | IQVIA Holdings Inc                                                  | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |      6039 | NS      | $936467.73    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries Inc          | Huntington Ingalls Industries Inc                                   | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      5876 | NS      | $1353477.84   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-191180.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp                 | Pinnacle West Capital Corp                                          | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |      8220 | NS      | $782379.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                                | Trimble Inc                                                         | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |     12632 | NS      | $784952.48    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                | NVIDIA Corp                                                         | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    279505 | NS      | $30443684.60  | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                               | Chevron Corp                                                        | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27025 | NS      | $3677021.50   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                  | Adobe Inc                                                           | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      6503 | NS      | $2438494.94   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                               | Entergy Corp                                                        | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     25836 | NS      | $2148780.12   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CHN4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25353000 | PA      | $25379949.48  | 2.33%             | 2025-07-31      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                               | Alphabet Inc                                                        | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     56646 | NS      | $9113774.94   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                                  | Linde PLC                                                           | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |      8502 | NS      | $3853361.46   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                        | Quanta Services Inc                                                 | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      6781 | NS      | $1984730.89   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CJB8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  28000000 | PA      | $28088628.12  | 2.58%             | 2025-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                | Walmart Inc                                                         | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     63123 | NS      | $6138711.75   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                           | Coca-Cola Co/The                                                    | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     66794 | NS      | $4845904.70   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                             | Public Storage                                                      | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               |  | US        |      6409 | NS      | $1925455.87   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc                    | Millrose Properties Inc                                             | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               |  | US        |      6755 | NS      | $169145.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                                 | Airbnb Inc                                                          | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      5398 | NS      | $658124.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                                 | PACCAR Inc                                                          | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     20719 | NS      | $1869060.99   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                           | Exxon Mobil Corp                                                    | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     63315 | NS      | $6687963.45   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                            | CMS Energy Corp                                                     | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     22648 | NS      | $1668025.20   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc                  | Host Hotels & Resorts Inc                                           | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               |  | US        |     14588 | NS      | $205982.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                             | Flowserve Corp                                                      | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |      2794 | NS      | $126372.62    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc                       | Amentum Holdings Inc                                                | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |      8461 | NS      | $184619.02    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc                       | Alaska Air Group Inc                                                | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |     18761 | NS      | $830549.47    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co Inc/MD                      | McCormick & Co Inc/MD                                               | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |     10130 | NS      | $776565.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc                  | Palantir Technologies Inc                                           | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     32952 | NS      | $3902834.88   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Bills                                                 | CUSIP: 912797PM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  36706000 | PA      | $35577382.27  | 3.26%             | 2026-02-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Inc                     | Berkshire Hathaway Inc                                              | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     24120 | NS      | $12861990.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                | Netflix Inc                                                         | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      6451 | NS      | $7300725.72   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                          | Kimco Realty Corp                                                   | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               |  | US        |     57235 | NS      | $1143555.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc                     | Intuitive Surgical Inc                                              | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      6865 | NS      | $3540967.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                             | Mastercard Inc                                                      | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     12160 | NS      | $6664409.60   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc                      | Republic Services Inc                                               | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      9107 | NS      | $2283580.25   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co                      | Southwest Airlines Co                                               | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |     11288 | NS      | $315612.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                               | Broadcom Inc                                                        | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     63774 | NS      | $12274581.78  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                  | Amgen Inc                                                           | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     11534 | NS      | $3355471.28   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                       | Bank of America Corp                                                | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    104463 | NS      | $4165984.44   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                 | Unum Group                                                          | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     22676 | NS      | $1761018.16   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CAB7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  57353000 | PA      | $56776281.17  | 5.21%             | 2025-07-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Tesla Inc                                  | Tesla Inc                                                           | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     36145 | NS      | $10198673.20  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| The Campbell's Company                     | The Campbell's Company                                              | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |     16535 | NS      | $602866.10    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                         | Home Depot Inc/The                                                  | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     15256 | NS      | $5499635.44   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                        | Alliant Energy Corp                                                 | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     25795 | NS      | $1574526.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CAT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  24000000 | PA      | $23539709.28  | 2.16%             | 2025-10-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                 | Intel Corp                                                          | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     98546 | NS      | $1980774.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-52535.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                 | Evergy Inc                                                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     23682 | NS      | $1636426.20   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                         | Conagra Brands Inc                                                  | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |     36334 | NS      | $897813.14    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                          | Iron Mountain Inc                                                   | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               |  | US        |      9189 | NS      | $823977.63    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                       | Jacobs Solutions Inc                                                | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8461 | NS      | $1047471.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Bills                                                 | CUSIP: 912797QD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  13510000 | PA      | $13024204.04  | 1.20%             | 2026-04-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                        | Abbott Laboratories                                                 | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     30560 | NS      | $3995720.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                        | Synchrony Financial                                                 | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     32515 | NS      | $1689154.25   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                            | Match Group Inc                                                     | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |     14789 | NS      | $438641.74    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                    | SBA Communications Corp                                             | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               |  | US        |      5633 | NS      | $1371072.20   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                                 | Corpay Inc                                                          | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      5211 | NS      | $1695503.07   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                          | Kinder Morgan Inc                                                   | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     53031 | NS      | $1394715.30   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Ltd                           | Wynn Resorts Ltd                                                    | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |     10917 | NS      | $876744.27    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CHL8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $25013984.50  | 2.30%             | 2025-06-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                       | Freeport-McMoRan Inc                                                | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     44799 | NS      | $1614107.97   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The                    | Sherwin-Williams Co/The                                             | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      6532 | NS      | $2305273.44   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp                           | HF Sinclair Corp                                                    | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     23402 | NS      | $703698.14    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp                                   | APA Corp                                                            | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     26833 | NS      | $416984.82    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                         | Analog Devices Inc                                                  | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     13516 | NS      | $2634538.72   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-757215.00   | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                     | F5 Inc                                                              | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      4136 | NS      | $1094964.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                         | Meta Platforms Inc                                                  | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     27000 | NS      | $14823000.00  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 912828K74<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12744000 | PA      | $12658050.51  | 1.16%             | 2025-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ross Stores Inc                            | Ross Stores Inc                                                     | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      5492 | NS      | $763388.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc                 | Verizon Communications Inc                                          | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     83220 | NS      | $3666673.20   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                | Oracle Corp                                                         | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     28937 | NS      | $4072014.64   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Inc                                 | CarMax Inc                                                          | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9383 | NS      | $606798.61    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                      | Bath & Body Works Inc                                               | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     20278 | NS      | $618681.78    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                   | RTX Corp                                                            | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     27037 | NS      | $3410176.81   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp                        | Avery Dennison Corp                                                 | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      5654 | NS      | $967455.94    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CHV6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4248000 | PA      | $4256481.60   | 0.39%             | 2025-08-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Autodesk Inc                               | Autodesk Inc                                                        | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      7678 | NS      | $2105691.50   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                   | Crowdstrike Holdings Inc                                            | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      6301 | NS      | $2702309.87   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                             | GE Vernova Inc                                                      | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      3949 | NS      | $1464368.18   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC                   | Morgan Stanley Institutional Liquidity Funds - Government Portfolio | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |  22611522 | NS      | $22611521.58  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                | Cencora Inc                                                         | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      7142 | NS      | $2090249.14   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                        | Carrier Global Corp                                                 | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     25291 | NS      | $1581699.14   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                          | Devon Energy Corp                                                   | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     37536 | NS      | $1141469.76   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc                     | Skyworks Solutions Inc                                              | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     24418 | NS      | $1569589.04   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                                   | LKQ Corp                                                            | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |     33678 | NS      | $1286836.38   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Bills                                                 | CUSIP: 912797LB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   2707000 | PA      | $2702568.05   | 0.25%             | 2025-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                             | Starbucks Corp                                                      | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     27829 | NS      | $2227711.45   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC                        | TE Connectivity PLC                                                 | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     10461 | NS      | $1531281.18   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Hunt Transport Services Inc             | JB Hunt Transport Services Inc                                      | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      5898 | NS      | $770160.84    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CJS1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10188000 | PA      | $10200842.38  | 0.94%             | 2025-12-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The           | Bank of New York Mellon Corp/The                                    | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     11810 | NS      | $949642.10    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                              | Carnival Corp                                                       | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |     59470 | NS      | $1090679.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc                 | CF Industries Holdings Inc                                          | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     10887 | NS      | $853214.19    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                               | QUALCOMM Inc                                                        | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     18464 | NS      | $2741165.44   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-1320090.00  | -0.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-15800.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                   | Ameriprise Financial Inc                                            | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      4371 | NS      | $2058828.42   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-261095.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                   | KLA Corp                                                            | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      4203 | NS      | $2953406.07   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp                     | Regions Financial Corp                                              | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     61283 | NS      | $1250786.03   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                       | Verisk Analytics Inc                                                | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      6550 | NS      | $1941616.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                              | Kroger Co/The                                                       | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     23840 | NS      | $1721486.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Bills                                                 | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  25840000 | PA      | $25389050.14  | 2.33%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                               | Synopsys Inc                                                        | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      5075 | NS      | $2329475.75   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                  | Apple Inc                                                           | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    162399 | NS      | $34509787.50  | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-21725.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                               | Danaher Corp                                                        | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      9993 | NS      | $1991904.69   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                    | Cboe Global Markets Inc                                             | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      7976 | NS      | $1769076.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CEQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  33427000 | PA      | $33405292.51  | 3.07%             | 2025-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| Mid-America Apartment Communities Inc      | Mid-America Apartment Communities Inc                               | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               |  | US        |      9213 | NS      | $1470855.45   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                 | Nasdaq Inc                                                          | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     24914 | NS      | $1898695.94   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                            | WW Grainger Inc                                                     | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      1871 | NS      | $1916484.01   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                        | Fifth Third Bancorp                                                 | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     30206 | NS      | $1085603.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-147730.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                    | Extra Space Storage Inc                                             | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               |  | US        |     11641 | NS      | $1705639.32   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CJE2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  28270000 | PA      | $28385125.62  | 2.60%             | 2025-10-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                       | Las Vegas Sands Corp                                                | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |     25225 | NS      | $925000.75    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                             | Merck & Co Inc                                                      | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     43604 | NS      | $3715060.80   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CFE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8496000 | PA      | $8467012.84   | 0.78%             | 2025-08-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                      | Quest Diagnostics Inc                                               | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      9918 | NS      | $1767585.96   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                             | S&P Global Inc                                                      | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      6506 | NS      | $3253325.30   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-2765.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                                | Waters Corp                                                         | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |      3206 | NS      | $1114822.38   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                             | Eli Lilly & Co                                                      | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     11288 | NS      | $10147347.60  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                    | Arthur J Gallagher & Co                                             | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      7052 | NS      | $2261505.88   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                        | JPMorgan Chase & Co                                                 | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     38899 | NS      | $9515473.38   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 912828P46<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7128000 | PA      | $6996099.35   | 0.64%             | 2026-02-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                             | Amazon.com Inc                                                      | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    118330 | NS      | $21822418.60  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                     | HP Inc                                                              | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     48486 | NS      | $1239787.02   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technologies Corp   | Westinghouse Air Brake Technologies Corp                            | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     10792 | NS      | $1993714.08   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                            | Fair Isaac Corp                                                     | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      1042 | NS      | $2073246.56   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                     | IDEXX Laboratories Inc                                              | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      3057 | NS      | $1322611.05   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                                  | ONEOK Inc                                                           | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     21880 | NS      | $1797660.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-319160.00   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc           | American International Group Inc                                    | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     19932 | NS      | $1624856.64   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-615015.00   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                     | U.S. Treasury Notes                                                 | CUSIP: 91282CJL6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  28938000 | PA      | $29063548.67  | 2.67%             | 2025-11-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                     | S+P 500 INDEX                                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |       -79 | NC      | $-53720.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                             | Eaton Corp PLC                                                      | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     10470 | NS      | $3082053.90   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips                                                      | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     13610 | NS      | $1212923.20   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-23

**Name of Applicant:** Eaton Vance Mutual Funds Trust

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer