Eaton Vance

International Small-Cap Fund

February 28, 2026

Portfolio of Investments (Unaudited)

Eaton Vance

International Small-Cap Fund

February 28, 2026

Portfolio of Investments (Unaudited) — continued

Eaton Vance

International Small-Cap Fund

February 28, 2026

Portfolio of Investments (Unaudited) — continued

Sector Classification of Portfolio
Sector	Percentage of Net Assets	Value
Industrials	24.9%	$914,526
Financials	12.4	458,690
Information Technology	12.1	439,987
Materials	12.0	439,330
Real Estate	10.4	376,282
Health Care	6.5	239,300
Consumer Discretionary	6.6	237,538
Consumer Staples	5.5	201,913
Communication Services	3.4	121,419
Energy	2.7	98,143
Utilities	2.3	83,586
Short-Term Investments	0.1	3,076
Total Investments	98.9%	$3,613,790

The Fund did not have any open derivative instruments at February 28, 2026.

Affiliated Investments

At February 28, 2026, the value of the Fund’s investment in funds that may be deemed to be affiliated was $3,076, which represents 0.1% of the Fund’s net assets. Transactions in such investments by the Fund for the fiscal year to date ended February 28, 2026 were as follows:

Name	Value, beginning of period	Purchases	Sales proceeds	Net realized gain (loss)	Change in unrealized appreciation (depreciation)	Value, end of period	Dividend income	Shares, end of period
Short-Term Investments
Liquidity Fund, Institutional Class(1)	$34,533	$537,034	$(568,491)	$ —	$ —	$3,076	$541	3,076

(1)	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.

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Eaton Vance

International Small-Cap Fund

February 28, 2026

Portfolio of Investments (Unaudited) — continued

At February 28, 2026, the hierarchy of inputs used in valuing the Fund's investments, which are carried at fair value, were as follows:

Asset Description	Level 1	Level 2	Level 3	Total
Common Stocks:
Asia	$ 44,431	$1,075,043	$ —	$1,119,474
Australasia/Pacific	—	364,032	—	364,032
Developed Europe	75,349	1,765,486	—	1,840,835
North America	286,373	—	—	286,373
Total Common Stocks	$406,153	$3,204,561*	$ —	$3,610,714
Short-Term Investments	$  3,076	$      —	$ —	$    3,076
Total Investments	$409,229	$3,204,561	$ —	$3,613,790

*	Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.

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

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