UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF
REGISTERED
MANAGEMENT INVESTMENT COMPANIES
|
Investment Company Act File Number |
|
811-21470 |
|
Eaton Vance Tax-Advantaged |
||
|
(Exact Name of Registrant as Specified in Charter) |
||
|
The Eaton Vance Building, |
|
02109 |
|
(Address of Principal Executive Offices) |
|
(Zip Code) |
|
Alan R. Dynner, Esq. |
||
|
Eaton Vance Management, 255 State Street, Boston, Massachusetts 02109 |
||
|
(Name and Address of Agent for Services) |
||
|
Registrant’s Telephone Number, Including Area Code: |
|
(617) 482-8260 |
|
Date of Fiscal Year End |
|
December 31 |
|
Date of Reporting Period |
|
September 30, 2005 |
Item 1. Schedule of Investments
Eaton Vance Tax-Advantaged Global Dividend Income Fund as of September 30, 2005
PORTFOLIO OF INVESTMENTS (Unaudited)
Common Stocks — 117.7%
|
Security |
|
Shares |
|
Value |
|
|
|
Beverages — 1.6% |
|
|
|
|
|
|
|
Diageo PLC (1) |
|
2,000,000 |
|
$ |
28,866,720 |
|
|
|
|
|
|
$ |
28,866,720 |
|
|
Building Materials — 1.2% |
|
|
|
|
|
|
|
Cemex SA de CV ADR |
|
200,000 |
|
10,460,000 |
|
|
|
Stanley Works |
|
250,000 |
|
11,670,000 |
|
|
|
|
|
|
|
$ |
22,130,000 |
|
|
Chemicals — 3.4% |
|
|
|
|
|
|
|
Dow Chemical Co. |
|
700,000 |
|
29,169,000 |
|
|
|
Ecolab, Inc. |
|
300,000 |
|
9,579,000 |
|
|
|
Lyondell Chemical Co. |
|
750,000 |
|
21,465,000 |
|
|
|
|
|
|
|
$ |
60,213,000 |
|
|
Coal — 1.8% |
|
|
|
|
|
|
|
Fording Canadian Coal Trust (1) |
|
750,000 |
|
31,927,500 |
|
|
|
|
|
|
|
$ |
31,927,500 |
|
|
Commercial Banks — 12.5% |
|
|
|
|
|
|
|
Bank of America Corp. |
|
600,000 |
|
25,260,000 |
|
|
|
Bank of Nova Scotia (1) |
|
1,150,000 |
|
43,010,000 |
|
|
|
BNP Paribas SA (1) |
|
200,000 |
|
15,266,330 |
|
|
|
HBOS PLC (1) |
|
2,000,000 |
|
30,247,757 |
|
|
|
HSBC Holdings PLC (1) |
|
1,000,000 |
|
16,237,879 |
|
|
|
National City Corp. |
|
600,000 |
|
20,064,000 |
|
|
|
Royal Bank of Canada (1) |
|
200,000 |
|
14,600,000 |
|
|
|
Societe Generale (1) |
|
300,000 |
|
34,383,743 |
|
|
|
Wells Fargo & Co. |
|
350,000 |
|
20,499,500 |
|
|
|
|
|
|
|
$ |
219,569,209 |
|
|
Computers — 2.3% |
|
|
|
|
|
|
|
International Business Machines Corp. |
|
500,000 |
|
40,110,000 |
|
|
|
|
|
|
|
$ |
40,110,000 |
|
|
Consumer Discretionary — 1.6% |
|
|
|
|
|
|
|
Compagnie Financiere Richemont AG, Class A (1) |
|
700,000 |
|
27,924,686 |
|
|
|
|
|
|
|
$ |
27,924,686 |
|
|
Distributors — 1.0% |
|
|
|
|
|
|
|
Genuine Parts Co. |
|
400,000 |
|
17,160,000 |
|
|
|
|
|
|
|
$ |
17,160,000 |
|
|
Diversified Telecommunication Services — 12.3% |
|
|
|
|
|
|
|
Alltel Corp. |
|
100,000 |
|
6,511,000 |
|
|
|
BCE, Inc. (1) |
|
1,400,000 |
|
38,416,000 |
|
|
|
BellSouth Corp. |
|
600,000 |
|
15,780,000 |
|
|
|
BT Group PLC (1) |
|
14,000,000 |
|
55,080,246 |
|
|
1
|
PanAmSat Holding Corp. |
|
438,009 |
|
$ |
10,599,818 |
|
|
SBC Communications, Inc. |
|
600,000 |
|
14,382,000 |
|
|
|
Sprint Corp. (FON Group) |
|
300,000 |
|
7,134,000 |
|
|
|
Telecom Corporation of New Zealand Ltd. (1) |
|
6,000,000 |
|
25,080,385 |
|
|
|
Telstra Corp. Ltd. (1) |
|
5,535,326 |
|
17,124,902 |
|
|
|
Verizon Communications, Inc. |
|
800,000 |
|
26,152,000 |
|
|
|
|
|
|
|
$ |
216,260,351 |
|
|
Electrical Equipment — 1.4% |
|
|
|
|
|
|
|
Emerson Electric Co. |
|
350,000 |
|
25,130,000 |
|
|
|
|
|
|
|
$ |
25,130,000 |
|
|
Electrical/Electronic Manufacturer — 0.9% |
|
|
|
|
|
|
|
Cooper Industries Ltd., Class A (1) |
|
225,000 |
|
15,556,500 |
|
|
|
|
|
|
|
$ |
15,556,500 |
|
|
Engineering and Construction — 0.4% |
|
|
|
|
|
|
|
Bouygues SA (1) |
|
150,000 |
|
6,992,352 |
|
|
|
|
|
|
|
$ |
6,992,352 |
|
|
Financial Services — 1.1% |
|
|
|
|
|
|
|
Countrywide Financial Corp. |
|
600,000 |
|
19,788,000 |
|
|
|
|
|
|
|
$ |
19,788,000 |
|
|
Food Products — 0.8% |
|
|
|
|
|
|
|
Unilever NV (1) |
|
200,000 |
|
14,290,000 |
|
|
|
|
|
|
|
$ |
14,290,000 |
|
|
Healthcare Products — 1.1% |
|
|
|
|
|
|
|
Bristol-Myers Squibb Co. |
|
800,000 |
|
19,248,000 |
|
|
|
|
|
|
|
$ |
19,248,000 |
|
|
Industrial Conglomerates — 0.8% |
|
|
|
|
|
|
|
General Electric Co. |
|
400,000 |
|
13,468,000 |
|
|
|
|
|
|
|
$ |
13,468,000 |
|
|
Insurance — 1.8% |
|
|
|
|
|
|
|
Prudential Financial, Inc. |
|
465,000 |
|
31,415,400 |
|
|
|
|
|
|
|
$ |
31,415,400 |
|
|
Lodging and Gaming — 1.5% |
|
|
|
|
|
|
|
Harrah’s Entertainment, Inc. |
|
400,000 |
|
26,076,000 |
|
|
|
|
|
|
|
$ |
26,076,000 |
|
|
Machinery — 1.7% |
|
|
|
|
|
|
|
Caterpillar, Inc. |
|
500,000 |
|
29,375,000 |
|
|
|
|
|
|
|
$ |
29,375,000 |
|
|
Metals-Gold — 1.0% |
|
|
|
|
|
|
|
Freeport-McMoRan Copper & Gold, Inc., Class B |
|
350,000 |
|
17,006,500 |
|
|
|
|
|
|
|
$ |
17,006,500 |
|
2
|
Metals-Steel — 1.9% |
|
|
|
|
|
|
|
BlueScope Steel Ltd. (1) |
|
4,500,000 |
|
$ |
32,911,735 |
|
|
|
|
|
|
$ |
32,911,735 |
|
|
Metals and Mining — 0.6% |
|
|
|
|
|
|
|
Southern Peru Copper Corp. |
|
200,000 |
|
11,192,000 |
|
|
|
|
|
|
|
$ |
11,192,000 |
|
|
Multimedia — 0.4% |
|
|
|
|
|
|
|
Clear Channel Communications, Inc. |
|
200,000 |
|
6,578,000 |
|
|
|
|
|
|
|
$ |
6,578,000 |
|
|
Oil and Gas — 19.1% |
|
|
|
|
|
|
|
BP PLC ADR |
|
800,000 |
|
56,680,000 |
|
|
|
Chevron Corp. |
|
650,000 |
|
42,074,500 |
|
|
|
ENI SPA (1) |
|
1,780,000 |
|
52,967,481 |
|
|
|
GlobalSantaFe Corp. |
|
200,000 |
|
9,124,000 |
|
|
|
Kerr-McGee Corp. |
|
149,305 |
|
14,499,008 |
|
|
|
Marathon Oil Corp. |
|
650,000 |
|
44,804,500 |
|
|
|
Neste Oil Oyj (1) |
|
187,500 |
|
6,943,137 |
|
|
|
Statoil ASA (1) |
|
2,200,000 |
|
54,521,772 |
|
|
|
Total SA ADR |
|
400,000 |
|
54,328,000 |
|
|
|
|
|
|
|
$ |
335,942,398 |
|
|
Pharmaceuticals — 6.0% |
|
|
|
|
|
|
|
AstraZeneca PLC (1) |
|
400,000 |
|
18,743,936 |
|
|
|
GlaxoSmithKline PLC (1) |
|
1,500,000 |
|
38,378,684 |
|
|
|
Wyeth Corp. |
|
1,050,000 |
|
48,583,500 |
|
|
|
|
|
|
|
$ |
105,706,120 |
|
|
REITS — 5.9% |
|
|
|
|
|
|
|
AvalonBay Communities, Inc. |
|
200,000 |
|
17,140,000 |
|
|
|
Boston Properties, Inc. |
|
200,000 |
|
14,180,000 |
|
|
|
Developers Diversified Realty Corp. |
|
375,000 |
|
17,512,500 |
|
|
|
Equity Residential Properties Trust |
|
260,000 |
|
9,841,000 |
|
|
|
Rayonier, Inc. |
|
200,000 |
|
11,524,000 |
|
|
|
Simon Property Group, Inc. |
|
260,000 |
|
19,271,200 |
|
|
|
SL Green Realty Corp. |
|
200,000 |
|
13,636,000 |
|
|
|
|
|
|
|
$ |
103,104,700 |
|
|
Restaurants — 0.8% |
|
|
|
|
|
|
|
McDonald’s Corp. |
|
400,000 |
|
13,396,000 |
|
|
|
|
|
|
|
$ |
13,396,000 |
|
|
Tobacco — 3.6% |
|
|
|
|
|
|
|
Altria Group, Inc. |
|
850,000 |
|
62,653,500 |
|
|
|
|
|
|
|
$ |
62,653,500 |
|
3
|
Utilities-Electrical — 14.6% |
|
|
|
|
|
|
|
American Electric Power Co., Inc. |
|
450,000 |
|
$ |
17,865,000 |
|
|
Edison International |
|
650,000 |
|
30,732,000 |
|
|
|
Enel SPA (1) |
|
5,204,200 |
|
44,901,024 |
|
|
|
FPL Group, Inc. |
|
700,000 |
|
33,320,000 |
|
|
|
RWE AG (1) |
|
650,000 |
|
43,176,297 |
|
|
|
Scottish and Southern Energy PLC (1) |
|
2,500,000 |
|
45,578,411 |
|
|
|
Scottish Power PLC (1) |
|
2,300,000 |
|
23,235,979 |
|
|
|
Southern Co. |
|
500,000 |
|
17,880,000 |
|
|
|
|
|
|
|
$ |
256,688,711 |
|
|
Utilities-Electrical and Gas — 9.2% |
|
|
|
|
|
|
|
Ameren Corp. |
|
268,000 |
|
14,335,320 |
|
|
|
DTE Energy Co. |
|
645,800 |
|
29,616,388 |
|
|
|
E. ON AG (1) |
|
500,000 |
|
46,125,757 |
|
|
|
Entergy Corp. |
|
500,000 |
|
37,160,000 |
|
|
|
Exelon Corp. |
|
660,000 |
|
35,270,400 |
|
|
|
|
|
|
|
$ |
162,507,865 |
|
|
Utilities-Water — 2.9% |
|
|
|
|
|
|
|
United Utilities PLC (1) |
|
1,471,400 |
|
17,019,119 |
|
|
|
Veolia Environment (1) |
|
813,234 |
|
34,490,282 |
|
|
|
|
|
|
|
$ |
51,509,401 |
|
|
Wireless Telecommunication Services — 2.5% |
|
|
|
|
|
|
|
Vodafone Group PLC ADR |
|
1,700,000 |
|
44,149,000 |
|
|
|
|
|
|
|
$ |
44,149,000 |
|
|
Total Common Stocks |
|
|
|
$ |
2,068,846,648 |
|
Preferred Stocks — 24.8%
|
Security |
|
Shares |
|
Value |
|
|
|
Commercial Banks — 13.7% |
|
|
|
|
|
|
|
Abbey National PLC, 7.375% (1) |
|
395,000 |
|
$ |
10,293,700 |
|
|
ABN AMRO Capital Funding Trust VII, 6.08% |
|
305,000 |
|
7,603,650 |
|
|
|
ABN AMRO North America Capital Funding Trust, 6.968% (2)(3) |
|
3,300 |
|
3,535,125 |
|
|
|
Banco Santander, 6.41% (1) |
|
908,600 |
|
23,441,880 |
|
|
|
Barclays Bank PLC, 8.55% (1)(2)(3)(4) |
|
218,600 |
|
26,196,958 |
|
|
|
BNP Paribas Capital Trust, 9.003% (1)(2)(3)(4) |
|
150,000 |
|
18,000,795 |
|
|
|
CA Preferred Fund Trust II, 7.00% (1)(4) |
|
50,000 |
|
5,245,210 |
|
|
|
CA Preferred Fund Trust, 7.00% (1)(4) |
|
250,000 |
|
26,100,275 |
|
|
|
Den Norske Bank, 7.729% (1)(2)(3)(4) |
|
50,000 |
|
5,741,620 |
|
|
|
First Tennessee Bank, 5.15% (2)(3) |
|
11,000 |
|
11,006,187 |
|
|
|
HSBC Capital Funding LP, 9.547% (1)(2)(3)(4) |
|
210,000 |
|
25,433,289 |
|
|
|
Lloyds TSB Bank PLC, 6.90% (1)(4) |
|
220,000 |
|
22,858,462 |
|
|
4
|
Nordbanken AB, 8.95% (1)(2)(3)(4) |
|
15,700 |
|
$ |
1,848,760 |
|
|
Royal Bank of Scotland Group PLC, 9.118% (1)(4) |
|
235,750 |
|
28,509,153 |
|
|
|
UBS Preferred Funding Trust I, 8.622% (1)(2)(4) |
|
150,000 |
|
18,037,845 |
|
|
|
UBS Preferred Funding Trust III, 7.25% (1) |
|
253,500 |
|
6,499,740 |
|
|
|
|
|
|
|
$ |
240,352,649 |
|
|
Financial Services — 3.3% |
|
|
|
|
|
|
|
BBVA Preferred Capital Ltd., 7.75% (1) |
|
372,500 |
|
9,524,825 |
|
|
|
Federal Home Loan Mortgage Corp., Series F, 5.00% |
|
150,000 |
|
6,375,000 |
|
|
|
Federal Home Loan Mortgage Corp., Series M, 3.93% (2) |
|
100,000 |
|
4,225,000 |
|
|
|
Federal National Mortgage Association, Series I, 5.375% |
|
100,000 |
|
4,440,000 |
|
|
|
Federal National Mortgage Association, Series M, 4.75% |
|
100,000 |
|
3,985,000 |
|
|
|
Federal National Mortgage Association, Series O, 7.00% (2) |
|
115,000 |
|
6,332,188 |
|
|
|
Prudential PLC, 6.50% (1)(4) |
|
230,000 |
|
23,406,203 |
|
|
|
|
|
|
|
$ |
58,288,216 |
|
|
Food Products — 1.3% |
|
|
|
|
|
|
|
Dairy Farmers of America, 7.875% (3) |
|
222,480 |
|
22,252,450 |
|
|
|
|
|
|
|
$ |
22,252,450 |
|
|
Insurance — 6.5% |
|
|
|
|
|
|
|
Ace Ltd., 7.80% (1) |
|
655,700 |
|
17,277,695 |
|
|
|
Aegon NV, 6.375% (1) |
|
400,000 |
|
10,196,000 |
|
|
|
AXA, 7.10% (1)(4) |
|
225,000 |
|
23,436,923 |
|
|
|
ING Capital Funding Trust III, 8.439% (1)(2)(4) |
|
170,000 |
|
19,945,556 |
|
|
|
ING Groep NV, 6.125% (1) |
|
225,000 |
|
5,653,125 |
|
|
|
ING Groep NV, 7.20% (1) |
|
330,000 |
|
8,616,300 |
|
|
|
MetLife, Inc., 4.87% (2) |
|
240,000 |
|
6,117,600 |
|
|
|
RenaissanceRe Holdings Ltd., 6.08% (1) |
|
441,000 |
|
9,900,450 |
|
|
|
XL Capital Ltd., Series A, 8.00% (1) |
|
50,000 |
|
1,305,000 |
|
|
|
Zurich Regcaps Fund Trust VI, 4.50% (1)(2)(3) |
|
12,500 |
|
12,437,500 |
|
|
|
|
|
|
|
$ |
114,886,149 |
|
|
Total
Preferred Stocks |
|
|
|
$ |
435,779,464 |
|
5
Short-Term Investments — 0.8%
|
|
Principal |
|
|
|
|||
|
|
|
Amount |
|
|
|
||
|
Security |
|
(000’s omitted) |
|
Value |
|
||
|
Investors Bank and Trust Company Time Deposit, 3.90%, 10/3/05 |
|
$ |
2,339 |
|
$ |
2,339,000 |
|
|
UBS Finance LLC, Commercial Paper, 3.86%, 10/3/05 |
|
12,534 |
|
12,531,312 |
|
||
|
Total Short-Term Investments |
|
|
|
$ |
14,870,312 |
|
|
|
Total Investments — 143.3% |
|
|
|
$ |
2,519,496,424 |
|
|
|
Other Assets, Less Liabilities — (0.6)% |
|
|
|
$ |
(11,528,784 |
) |
|
|
Auction Preferred Shares Plus Cumulative |
|
|
|
$ |
(749,922,083 |
) |
|
|
Net Assets — 100.0% |
|
|
|
$ |
1,758,045,557 |
|
|
|
ADR |
— |
American Depository Receipt |
|
(1) |
|
Foreign security. |
|
(2) |
|
Variable rate security. The stated interest rate represents the rate in effect at September 30, 2005. |
|
(3) |
|
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 September 30, 2005, the aggregate value of the securities is $126,452,684 or 7.2% of the Fund’s net assets. |
|
(4) |
|
Security valued at fair value using methods determined in good faith by or at the direction of the Trustees. |
6
Country Concentration of Portfolio
|
|
Percentage of |
|
|
|
||
|
Country |
|
Total Investments |
|
Value |
|
|
|
United States |
|
44.15 |
% |
$ |
1,112,369,896 |
|
|
United Kingdom |
|
20.28 |
% |
510,915,496 |
|
|
|
France |
|
8.66 |
% |
218,243,911 |
|
|
|
Canada |
|
5.08 |
% |
127,953,500 |
|
|
|
Italy |
|
3.88 |
% |
97,868,504 |
|
|
|
Germany |
|
3.54 |
% |
89,302,054 |
|
|
|
Netherlands |
|
2.63 |
% |
66,304,631 |
|
|
|
Switzerland |
|
2.58 |
% |
64,899,771 |
|
|
|
Norway |
|
2.39 |
% |
60,263,392 |
|
|
|
Australia |
|
1.98 |
% |
50,036,637 |
|
|
|
Bermuda |
|
1.75 |
% |
44,039,645 |
|
|
|
Spain |
|
1.31 |
% |
32,966,705 |
|
|
|
New Zealand |
|
1.00 |
% |
25,080,385 |
|
|
|
Mexico |
|
0.42 |
% |
10,460,000 |
|
|
|
Finland |
|
0.28 |
% |
6,943,137 |
|
|
|
Sweden |
|
0.07 |
% |
1,848,760 |
|
|
|
|
|
100.00 |
% |
$ |
2,519,496,424 |
|
The Fund did not have any open financial instruments at September 30, 2005.
The cost and unrealized appreciation (depreciation) in value of investments owned by the Fund at September 30, 2005, as computed on a federal income tax basis, were as follows:
|
Aggregate cost |
|
$ |
2,172,478,866 |
|
|
Gross unrealized appreciation |
|
$ |
369,628,750 |
|
|
Gross unrealized depreciation |
|
(22,611,192 |
) |
|
|
Net unrealized appreciation |
|
$ |
347,017,558 |
|
7
Item 2. Controls and Procedures
(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant on this Form N-Q has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant on this Form N-Q has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.
(b) There have been no changes in the registrant’s internal controls over financial reporting during the fiscal quarter for which the report is being filed that have materially affected, or are reasonably likely to materially affect the registrant’s 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
|
By: |
|
/s/ Duncan W. Richardson |
|
|
|
Duncan W. Richardson |
|
|
|
President and Principal Executive Officer |
|
Date: |
|
November 28, 2005 |
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 |
|
|
|
Duncan W. Richardson |
|
|
|
President and Principal Executive Officer |
|
Date: |
|
November 28, 2005 |
|
By: |
|
/s/ Barbara E. Campbell |
|
|
|
Barbara E. Campbell |
|
|
|
Treasurer and Principal Financial Officer |
|
Date: |
|
November 28, 2005 |