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UNITED STATES |
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FORM N-Q |
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QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number |
811- 21470 |
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Eaton Vance Tax Advantaged Global Dividend Income Fund |
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(Exact name of registrant as specified in charter) |
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The Eaton Vance Building, 255 State Street, |
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02109 |
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(Address of principal executive offices) |
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(Zip code) |
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Alan R. Dynner, Esq. |
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(Name and address of agent for service) |
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Registrant's telephone number, including area code: |
(617) 482-8260 |
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Date of fiscal year end: |
December 31 |
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Date of reporting period: |
March 31, 2005 |
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Item 1. Schedule of Investments
Eaton Vance Tax-Advantaged Global Dividend Income Fund |
as of March 31, 2005 |
PORTFOLIO OF INVESTMENTS (Unaudited)
Common Stocks 115.9% |
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Security |
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Shares |
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Value |
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Appliances 0.4% |
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Electrolux AB (1) |
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250,000 |
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$ |
5,840,337 |
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$ |
5,840,337 |
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Beverages 1.7% |
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Diageo PLC (1) |
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2,000,000 |
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28,216,626 |
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$ |
28,216,626 |
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Building Materials 0.7% |
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Stanley Works |
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250,000 |
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11,317,500 |
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$ |
11,317,500 |
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Chemicals 3.4% |
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Dow Chemical Co. (The) |
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700,000 |
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34,895,000 |
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Lyondell Chemical Co. |
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750,000 |
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20,940,000 |
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$ |
55,835,000 |
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Coal 1.4% |
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Fording Canadian Coal Trust (1) |
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250,000 |
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22,970,000 |
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$ |
22,970,000 |
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Commercial Banks 17.7% |
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Bank of America Corp. |
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1,000,000 |
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44,100,000 |
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HBOS PLC (1) |
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3,675,000 |
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57,288,574 |
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HSBC Holdings PLC (1) |
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1,000,000 |
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15,819,544 |
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Lloyds TSB Group PLC (1) |
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4,700,000 |
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42,292,231 |
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Royal Bank of Scotland Group PLC (1) |
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1,600,000 |
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50,899,681 |
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SunTrust Banks, Inc. |
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450,000 |
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32,431,500 |
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Wachovia Corp. |
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300,000 |
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15,273,000 |
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Wells Fargo & Co. |
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525,000 |
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31,395,000 |
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$ |
289,499,530 |
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Distributors 1.1% |
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Genuine Parts Co. |
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400,000 |
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17,396,000 |
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$ |
17,396,000 |
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Diversified Telecommunication Services 14.0% |
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Alltel Corp. |
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100,000 |
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5,485,000 |
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BCE, Inc. (1) |
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1,200,000 |
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29,988,000 |
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Belgacom SA (1) (2) |
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200,000 |
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8,287,109 |
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BellSouth Corp. |
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1,550,000 |
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40,749,500 |
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BT Group PLC (1) |
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4,000,000 |
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15,500,011 |
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Koninklijke (Royal) KPN NV (1) |
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2,700,000 |
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24,226,277 |
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PanAmSat Holding Corp. |
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438,009 |
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7,446,153 |
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1
Sprint Corp. (FON Group) |
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300,000 |
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$ |
6,825,000 |
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TDC A/S (1) |
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450,000 |
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18,974,926 |
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Telecom Corporation of New Zealand, Ltd. (1) |
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5,500,000 |
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23,806,400 |
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Telefonos de Mexico SA ADR (1) |
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400,000 |
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13,812,000 |
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Telstra Corp. Ltd. (1) |
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9,000,000 |
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35,451,892 |
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$ |
230,552,268 |
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Electrical Equipment 1.4% |
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Emerson Electric Co. |
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350,000 |
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22,725,500 |
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$ |
22,725,500 |
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Electrical/Electronic Manufacturer 1.0% |
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Cooper Industries Ltd., Class A (1) |
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225,000 |
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16,092,000 |
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$ |
16,092,000 |
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Engineering and Construction 1.0% |
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Bouygues SA (1) |
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415,000 |
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16,493,407 |
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$ |
16,493,407 |
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Financial Services 1.5% |
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Citigroup, Inc. |
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550,000 |
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24,717,000 |
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$ |
24,717,000 |
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Food Products 1.3% |
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General Mills, Inc. |
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250,000 |
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12,287,500 |
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Nestle SA (1) |
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35,000 |
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9,624,484 |
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$ |
21,911,984 |
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Healthcare Products 0.3% |
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Bristol-Myers Squibb Co. |
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200,000 |
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5,092,000 |
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$ |
5,092,000 |
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Industrial Conglomerates 1.1% |
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General Electric Co. |
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500,000 |
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18,030,000 |
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$ |
18,030,000 |
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Insurance 1.6% |
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Fidelity National Financial, Inc. |
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150,000 |
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4,941,000 |
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Montpelier Re Holdings, Ltd. (1) |
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225,000 |
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7,908,750 |
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XL Capital Ltd., Class A (1) |
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175,000 |
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12,664,750 |
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$ |
25,514,500 |
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Lodging and Gaming 1.7% |
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Harrahs Entertainment, Inc. |
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150,000 |
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9,687,000 |
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Lottomatica SPA (1) |
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500,000 |
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18,144,792 |
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$ |
27,831,792 |
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Machinery 1.4% |
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Caterpillar, Inc. |
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250,000 |
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22,860,000 |
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$ |
22,860,000 |
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Multimedia 0.7% |
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Publishing and Broadcasting Ltd. (1) |
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1,000,000 |
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11,900,713 |
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$ |
11,900,713 |
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2
Oil and Gas 13.7% |
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BP PLC ADR |
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900,000 |
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$ |
56,160,000 |
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ChevronTexaco Corp. |
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500,000 |
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29,155,000 |
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Kerr-McGee Corp. |
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225,000 |
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17,624,250 |
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Marathon Oil Corp. |
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550,000 |
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25,806,000 |
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Statoil ASA (1) |
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2,200,000 |
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37,621,663 |
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Total SA ADR |
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500,000 |
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58,615,000 |
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$ |
224,981,913 |
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Paper and Forest Products 0.4% |
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Stora Enso Oyj, Class R (1) |
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500,000 |
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7,024,105 |
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$ |
7,024,105 |
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Pharmaceuticals 1.4% |
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GlaxoSmithKline PLC (1) |
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1,000,000 |
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22,937,902 |
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$ |
22,937,902 |
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REITS 7.5% |
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AMB Property Corp. |
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50,000 |
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1,890,000 |
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AvalonBay Communities, Inc. |
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250,000 |
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16,722,500 |
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Boston Properties, Inc. |
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200,000 |
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12,046,000 |
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Camden Property Trust |
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9,000 |
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423,270 |
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Developers Diversified Realty Corp. |
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375,000 |
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14,906,250 |
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Essex Property Trust, Inc. |
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12,000 |
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827,280 |
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Kimco Realty Corp. |
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100,000 |
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5,390,000 |
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Pan Pacific Retail Properties, Inc. |
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95,000 |
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5,391,250 |
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Public Storage, Inc. |
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300,000 |
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17,082,000 |
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Rayonier, Inc. |
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200,000 |
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9,906,000 |
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Shurgard Storage Centers, Inc. |
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24,267 |
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994,462 |
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Simon Property Group, Inc. |
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300,000 |
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18,174,000 |
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SL Green Realty Corp. |
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250,000 |
|
14,055,000 |
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Weingarten Realty Investors |
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133,000 |
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4,589,830 |
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$ |
122,397,842 |
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Retail - General 1.5% |
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May Department Stores Co. (The) |
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650,000 |
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24,063,000 |
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$ |
24,063,000 |
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Tobacco 3.4% |
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Altria Group, Inc. |
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850,000 |
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55,581,500 |
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$ |
55,581,500 |
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Utilities - Electrical and Gas 30.1% |
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Ameren Corp. |
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268,000 |
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13,134,680 |
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American Electric Power Co., Inc. |
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450,000 |
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15,327,000 |
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Dominion Resources, Inc. |
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650,000 |
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48,379,500 |
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DTE Energy Co. |
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645,800 |
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29,370,984 |
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E.ON AG (1) |
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500,000 |
|
43,149,383 |
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Edison International |
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650,000 |
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22,568,000 |
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Enel SPA (1) |
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4,804,200 |
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46,099,877 |
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Entergy Corp. |
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500,000 |
|
35,330,000 |
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Exelon Corp. |
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660,000 |
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30,287,400 |
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Fortum Oyj (1) |
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750,000 |
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14,642,523 |
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3
FPL Group, Inc. |
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700,000 |
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$ |
28,105,000 |
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National Grid Transco PLC (1) |
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5,000,000 |
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46,354,609 |
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RWE AG (1) |
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750,000 |
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45,484,700 |
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Scottish and Southern Energy PLC (1) |
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2,500,000 |
|
41,635,782 |
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Scottish Power PLC (1) |
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2,300,000 |
|
17,792,717 |
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Southern Co. (The) |
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500,000 |
|
15,915,000 |
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$ |
493,577,155 |
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Water Utilities 3.8% |
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Pennon Group PLC (1) |
|
315,000 |
|
5,810,326 |
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United Utilities PLC (1) |
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2,300,000 |
|
27,393,877 |
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Veolia Environment (1) |
|
813,234 |
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28,903,092 |
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$ |
62,107,295 |
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Wireless Equipment 0.7% |
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Nokia Oyj ADR (1) |
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750,000 |
|
11,572,500 |
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$ |
11,572,500 |
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Total Common Stocks |
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$ |
1,899,039,369 |
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Preferred Stocks 26.7%
Security |
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Shares |
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Value |
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Commercial Banks 14.2% |
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Abbey National PLC, 7.375% (1) |
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395,000 |
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$ |
10,349,000 |
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ABN AMRO Capital Funding Trust VII, 6.08% (1) |
|
505,000 |
|
12,337,150 |
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Banco Santander, 6.41% (1) (3) |
|
908,600 |
|
23,214,730 |
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Barclays Bank PLC, 8.55% (1) (3) (4) (5) |
|
218,600 |
|
26,405,219 |
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BNP Paribas Capital Trust, 9.003% (1) (3) (4) (5) |
|
150,000 |
|
18,339,015 |
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CA Preferred Fund Trust II, 7.00% (1) (4) |
|
50,000 |
|
5,203,615 |
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CA Preferred Fund Trust, 7.00% (1) (4) |
|
250,000 |
|
25,887,700 |
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Den Norske Bank, 7.729% (1) (3) (4) |
|
50,000 |
|
5,841,365 |
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HSBC Capital Funding LP, 9.547% (1) (3) (4) (5) |
|
210,000 |
|
25,856,544 |
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Lloyds TSB Bank PLC, 6.90% (1) (4) |
|
220,000 |
|
22,730,180 |
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Nordbanken AB, 8.95% (1) (3) (4) (5) |
|
15,700 |
|
1,879,447 |
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Royal Bank of Scotland Group PLC, 9.118% (1) (4) |
|
235,750 |
|
28,966,272 |
|
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UBS Preferred Funding Trust I, 8.622% (1) (4) |
|
150,000 |
|
18,355,980 |
|
|
UBS Preferred Funding Trust III, 7.25% (1) |
|
253,500 |
|
6,514,950 |
|
|
|
|
|
|
$ |
231,881,167 |
|
|
|
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Financial Services 4.0% |
|
|
|
|
|
|
BBVA Preferred Capital Ltd., 7.75% (1) |
|
372,500 |
|
9,536,000 |
|
|
Fannie Mae, Series I, 5.375% |
|
150,000 |
|
6,697,500 |
|
|
Fannie Mae, Series M, 4.75% |
|
100,000 |
|
3,980,000 |
|
|
Freddie Mac, Series F, 5.00% |
|
150,000 |
|
6,165,000 |
|
|
Lehman Brothers Holdings, Inc., 6.50% |
|
601,800 |
|
15,827,340 |
|
|
Prudential PLC, 6.50% (1) (4) |
|
230,000 |
|
22,485,145 |
|
|
|
|
|
|
$ |
64,690,985 |
|
|
|
|
|
|
|
|
Food Products 1.4% |
|
|
|
|
|
|
Dairy Farmers of America, 7.875% (3) |
|
222,480 |
|
23,388,210 |
|
|
|
|
|
|
$ |
23,388,210 |
|
4
Insurance 6.0% |
|
|
|
|
|
|
Ace Ltd., 7.80% (1) |
|
655,700 |
|
$ |
17,054,757 |
|
AXA, 7.10% (1) (4) |
|
225,000 |
|
23,418,473 |
|
|
ING Capital Funding Trust III, 8.439% (1) (4) |
|
170,000 |
|
20,284,247 |
|
|
ING Groep NV, 7.05% (1) |
|
222,300 |
|
5,704,218 |
|
|
ING Groep NV, 7.20% (1) |
|
330,000 |
|
8,527,200 |
|
|
RenaissanceRe Holdings Ltd., 6.08% (1) |
|
441,000 |
|
10,407,600 |
|
|
XL Capital Ltd., Series A, 8.00% (1) |
|
50,000 |
|
1,320,000 |
|
|
Zurich Regcaps Fund Trust VI, 3.51% (1) (3) (5) |
|
12,500 |
|
12,222,656 |
|
|
|
|
|
|
$ |
98,939,151 |
|
|
|
|
|
|
|
|
Utilities - Electrical and Gas 1.1% |
|
|
|
|
|
|
Duquesne Light, 6.50% |
|
325,000 |
|
17,527,250 |
|
|
|
|
|
|
$ |
17,527,250 |
|
|
|
|
|
|
|
|
Total Preferred Stocks |
|
|
|
$ |
436,426,763 |
|
Commercial Paper 0.9%
Security |
|
Principal |
|
Value |
|
||
General Electric Co., 2.83%, 4/1/05 |
|
$ |
14,339 |
|
$ |
14,339,000 |
|
|
|
|
|
|
|
||
Total Commercial Paper |
|
|
|
$ |
14,339,000 |
|
|
Short-Term Investments 0.2%
Security |
|
Principal |
|
Value |
|
||
Investors Bank and Trust Company Time Deposit, 2.85%, 4/1/05 |
|
$ |
3,121 |
|
$ |
3,121,000 |
|
|
|
|
|
|
|
||
Total Short-Term Investments |
|
|
|
$ |
3,121,000 |
|
|
|
|
|
|
|
|
||
Total Investments 143.7% |
|
|
|
$ |
2,352,926,132 |
|
|
|
|
|
|
|
|
||
Other Assets, Less Liabilities 2.1% |
|
|
|
$ |
35,059,679 |
|
|
|
|
|
|
|
|
||
Auction Preferred Shares Plus |
|
|
|
$ |
(750,097,056 |
) |
|
|
|
|
|
|
|
||
Net Assets 100.0% |
|
|
|
$ |
1,637,888,755 |
|
|
ADR |
- |
|
American Depository Receipt |
|
|
|
|
(1) |
|
|
Foreign security. |
|
|
|
|
(2) |
|
|
Non-income producing security. |
|
|
|
|
(3) |
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Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2005, the aggregate value of the securities is $137,147,186 or 8.4% of the Funds net assets. |
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(4) |
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Security valued at fair value using methods determined in good faith by or at the direction of the Trustees. |
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(5) |
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Variable rate security. The stated interest rate represents the rate in effect at March 31, 2005. |
5
Eaton Vance TaxAdvantaged Global Dividend Income Fund |
as of March 31, 2005 |
PORTFOLIO OF INVESTMENTS (Unaudited)
Country Concentration of Portfolio
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Percentage of |
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Country |
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Total Investments |
|
Value |
|
|
United States |
|
47.3 |
% |
1,111,829,422 |
|
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United Kingdom |
|
22.9 |
% |
539,037,694 |
|
|
France |
|
5.4 |
% |
127,429,972 |
|
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Germany |
|
3.8 |
% |
88,634,083 |
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Italy |
|
2.7 |
% |
64,244,669 |
|
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Canada |
|
2.3 |
% |
52,958,000 |
|
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Australia |
|
2.0 |
% |
47,352,606 |
|
|
Norway |
|
1.8 |
% |
43,463,028 |
|
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Cayman Islands |
|
1.7 |
% |
40,575,507 |
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Netherlands |
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1.6 |
% |
38,457,695 |
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Bermuda |
|
1.5 |
% |
34,408,350 |
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Finland |
|
1.4 |
% |
33,239,129 |
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Jersey, C.I. |
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1.1 |
% |
25,856,544 |
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New Zealand |
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1.0 |
% |
23,806,400 |
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Spain |
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1.0 |
% |
23,214,730 |
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Denmark |
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0.8 |
% |
18,974,926 |
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Mexico |
|
0.6 |
% |
13,812,000 |
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Switzerland |
|
0.4 |
% |
9,624,484 |
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Belgium |
|
0.4 |
% |
8,287,109 |
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Sweden |
|
0.3 |
% |
7,719,784 |
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|
|
|
100.0 |
% |
$ |
2,352,926,132 |
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6
The Fund did not have any open financial instruments at March 31, 2005.
The cost and unrealized appreciation (depreciation) in value of investments owned by the Fund at March 31, 2005, as computed on a federal income tax basis, were as follows:
Aggregate cost |
|
$ |
2,142,367,340 |
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Gross unrealized appreciation |
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$ |
239,055,452 |
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Gross unrealized depreciation |
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(28,496,660 |
) |
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Net unrealized appreciation |
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$ |
210,558,792 |
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7
Item 2. Controls and Procedures
(a) It is the conclusion of the registrants principal executive officer and principal financial officer that the effectiveness of the registrants current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant on this Form N-Q has been recorded, processed, summarized and reported within the time period specified in the Commissions rules and forms and that the information required to be disclosed by the registrant on this Form N-Q has been accumulated and communicated to the registrants principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.
(b) There have been no changes in the registrants internal controls over financial reporting during the fiscal quarter for which the report is being filed that have materially affected, or are reasonably likely to materially affect the registrants internal control over financial reporting.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Eaton Vance Tax Advantaged Global Dividend Income Fund |
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By: |
/s/ Duncan W. Richardson |
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Duncan W. Richardson |
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President and Principal Executive Officer |
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Date: |
May 26, 2005 |
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Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: |
/s/ Duncan W. Richardson |
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Duncan W. Richardson |
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President and Principal Executive Officer |
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Date: |
May 26, 2005 |
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By: |
/s/ James L. OConnor |
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James L. OConnor |
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Treasurer and Principal Financial Officer |
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Date: |
May 26, 2005 |
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