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 |
|
811-21400 |
|
|
|
|
|
|
Eaton Vance Tax-Advantaged Dividend Income Fund |
||
(Exact Name of Registrant as Specified in Charter) |
||
|
|
|
The
Eaton Vance Building, |
|
02109 |
(Address of Principal Executive Offices) |
|
(Zip code) |
|
|
|
Maureen
A. Gemma |
||
(Name and Address of Agent for Service) |
||
|
||
Registrants Telephone Number, Including Area Code: |
|
(617) 482-8260 |
|
|
|
Date of Fiscal Year End: |
|
August 31 |
|
|
|
Date of Reporting Period: |
|
May 31, 2008 |
Item 1. Schedule of Investments
Eaton Vance Tax-Advantaged Dividend Income Fund |
|
as of May 31, 2008 |
|
|
|
PORTFOLIO OF INVESTMENTS (Unaudited) |
|
|
Common Stocks 100.4%
Security |
|
Shares |
|
Value |
|
|
Aerospace & Defense 5.2% |
|
|
|
|
|
|
General Dynamics Corp. |
|
501,000 |
|
$ |
46,167,150 |
|
Honeywell International, Inc. |
|
300,000 |
|
17,886,000 |
|
|
Lockheed Martin Corp. |
|
215,000 |
|
23,529,600 |
|
|
United Technologies Corp. |
|
310,000 |
|
22,022,400 |
|
|
|
|
|
|
$ |
109,605,150 |
|
Auto Components 0.8% |
|
|
|
|
|
|
Johnson Controls, Inc. |
|
477,900 |
|
$ |
16,277,274 |
|
|
|
|
|
$ |
16,277,274 |
|
Capital Markets 1.4% |
|
|
|
|
|
|
Goldman Sachs Group, Inc. |
|
170,000 |
|
$ |
29,989,700 |
|
|
|
|
|
$ |
29,989,700 |
|
Commercial Banks 12.4% |
|
|
|
|
|
|
Bank of Nova Scotia |
|
206,600 |
|
$ |
10,325,868 |
|
BNP Paribas SA |
|
376,000 |
|
38,736,856 |
|
|
Canadian Imperial Bank of Commerce |
|
200,000 |
|
14,052,531 |
|
|
DnB NOR ASA |
|
2,545,000 |
|
36,562,498 |
|
|
Intesa Sanpaolo SpA |
|
5,848,000 |
|
38,330,850 |
|
|
KBC Groep NV |
|
169,300 |
|
20,857,852 |
|
|
Nordea Bank AB |
|
2,158,000 |
|
35,080,296 |
|
|
Svenska Handelsbanken AB, Class A |
|
1,734,000 |
|
48,288,746 |
|
|
UniCredit SpA |
|
2,900,000 |
|
20,265,322 |
|
|
|
|
|
|
$ |
262,500,819 |
|
Communications Equipment 1.0% |
|
|
|
|
|
|
Nokia Oyj ADR |
|
750,000 |
|
$ |
21,300,000 |
|
|
|
|
|
$ |
21,300,000 |
|
Diversified Financial Services 0.7% |
|
|
|
|
|
|
JPMorgan Chase & Co. |
|
353,400 |
|
$ |
15,196,200 |
|
|
|
|
|
$ |
15,196,200 |
|
Diversified Telecommunication Services 8.0% |
|
|
|
|
|
|
AT&T, Inc. |
|
1,658,750 |
|
$ |
66,184,125 |
|
Embarq Corp. |
|
45,000 |
|
2,129,400 |
|
|
Koninklijke KPN NV |
|
700,000 |
|
12,718,175 |
|
|
Telefonos de Mexico SA de CV ADR |
|
1,700,000 |
|
70,074,000 |
|
|
Telenor ASA |
|
756,900 |
|
16,397,286 |
|
|
Windstream Corp. |
|
51,696 |
|
689,625 |
|
|
|
|
|
|
$ |
168,192,611 |
|
Electric Utilities 13.3% |
|
|
|
|
|
|
E.ON AG |
|
328,000 |
|
$ |
69,622,461 |
|
Edison International |
|
1,200,000 |
|
63,876,000 |
|
|
Entergy Corp. |
|
50,000 |
|
6,038,500 |
|
|
Exelon Corp. |
|
75,000 |
|
6,600,000 |
|
|
FirstEnergy Corp. |
|
350,000 |
|
27,548,500 |
|
|
Fortum Oyj |
|
1,200,000 |
|
58,008,990 |
|
|
FPL Group, Inc. |
|
400,000 |
|
27,008,000 |
|
|
Iberdrola SA |
|
1,523,396 |
|
21,918,599 |
|
|
|
|
|
|
$ |
280,621,050 |
|
Electrical Equipment 1.8% |
|
|
|
|
|
|
Cooper Industries, Ltd., Class A |
|
450,000 |
|
$ |
20,983,500 |
|
Emerson Electric Co. |
|
300,000 |
|
17,454,000 |
|
|
|
|
|
|
$ |
38,437,500 |
|
1
Energy Equipment & Services 0.6% |
|
|
|
|
|
|
Diamond Offshore Drilling, Inc. |
|
95,000 |
|
$ |
12,961,800 |
|
|
|
|
|
$ |
12,961,800 |
|
Food Products 1.0% |
|
|
|
|
|
|
Kraft Foods, Inc., Class A |
|
622,821 |
|
$ |
20,229,226 |
|
|
|
|
|
$ |
20,229,226 |
|
Household Durables 0.9% |
|
|
|
|
|
|
Stanley Works |
|
400,000 |
|
$ |
19,432,000 |
|
|
|
|
|
$ |
19,432,000 |
|
Household Products 0.4% |
|
|
|
|
|
|
Kimberly-Clark Corp. |
|
135,000 |
|
$ |
8,613,000 |
|
|
|
|
|
$ |
8,613,000 |
|
Insurance 3.2% |
|
|
|
|
|
|
Legal & General Group PLC |
|
16,700,000 |
|
$ |
39,568,791 |
|
Zurich Financial Services AG |
|
97,664 |
|
28,594,114 |
|
|
|
|
|
|
$ |
68,162,905 |
|
Machinery 3.5% |
|
|
|
|
|
|
Caterpillar, Inc. |
|
350,000 |
|
$ |
28,924,000 |
|
SKF AB, Class B |
|
2,374,000 |
|
44,519,812 |
|
|
|
|
|
|
$ |
73,443,812 |
|
Media 0.0% |
|
|
|
|
|
|
Reed Elsevier PLC |
|
1 |
|
$ |
13 |
|
|
|
|
|
$ |
13 |
|
Metals & Mining 8.8% |
|
|
|
|
|
|
Companhia Vale do Rio Doce ADR |
|
1,950,000 |
|
$ |
77,571,000 |
|
Freeport-McMoRan Copper & Gold, Inc., Class B |
|
163,882 |
|
18,962,786 |
|
|
Nucor Corp. |
|
258,500 |
|
19,335,800 |
|
|
Southern Copper Corp. |
|
230,000 |
|
25,352,900 |
|
|
ThyssenKrupp AG |
|
651,000 |
|
43,869,356 |
|
|
Worthington Industries, Inc. |
|
100,000 |
|
1,994,000 |
|
|
|
|
|
|
$ |
187,085,842 |
|
Multiline Retail 1.4% |
|
|
|
|
|
|
JC Penney Company, Inc. |
|
752,000 |
|
$ |
30,260,480 |
|
|
|
|
|
$ |
30,260,480 |
|
Multi-Utilities 4.6% |
|
|
|
|
|
|
National Grid PLC |
|
1,487,431 |
|
$ |
21,943,683 |
|
RWE AG |
|
367,000 |
|
47,338,868 |
|
|
Sempra Energy |
|
500,000 |
|
28,905,000 |
|
|
|
|
|
|
$ |
98,187,551 |
|
Oil, Gas & Consumable Fuels 22.3% |
|
|
|
|
|
|
BP PLC ADR |
|
740,000 |
|
$ |
53,657,400 |
|
Chevron Corp. |
|
900,000 |
|
89,235,000 |
|
|
ConocoPhillips |
|
720,000 |
|
67,032,000 |
|
|
Husky Energy, Inc. |
|
772,000 |
|
38,735,956 |
|
|
Marathon Oil Corp. |
|
1,515,000 |
|
77,855,850 |
|
|
Neste Oil Oyj |
|
300,000 |
|
10,009,103 |
|
|
Peabody Energy Corp. |
|
500,000 |
|
36,960,000 |
|
|
StatoilHydro ASA |
|
1,658,000 |
|
64,711,653 |
|
|
Valero Energy Corp. |
|
684,000 |
|
34,774,560 |
|
|
|
|
|
|
$ |
472,971,522 |
|
Pharmaceuticals 1.5% |
|
|
|
|
|
|
Johnson & Johnson |
|
146,000 |
|
$ |
9,744,040 |
|
Novartis AG |
|
425,000 |
|
22,264,734 |
|
|
|
|
|
|
$ |
32,008,774 |
|
Real Estate Investment Trusts (REITs) 1.2% |
|
|
|
|
|
|
Boston Properties, Inc. |
|
261,600 |
|
$ |
25,568,784 |
|
|
|
|
|
$ |
25,568,784 |
|
2
Textiles, Apparel & Luxury Goods 1.0% |
|
|
|
|
|
|
VF Corp. |
|
275,000 |
|
$ |
20,817,500 |
|
|
|
|
|
$ |
20,817,500 |
|
Tobacco 4.2% |
|
|
|
|
|
|
Altria Group, Inc. |
|
900,000 |
|
$ |
20,034,000 |
|
British American Tobacco PLC |
|
582,000 |
|
21,728,545 |
|
|
Philip Morris International, Inc. |
|
900,000 |
|
47,394,000 |
|
|
|
|
|
|
$ |
89,156,545 |
|
Water Utilities 0.6% |
|
|
|
|
|
|
Severn Trent PLC |
|
435,666 |
|
$ |
12,552,534 |
|
|
|
|
|
$ |
12,552,534 |
|
Wireless Telecommunication Services 0.6% |
|
|
|
|
|
|
Rogers Communications, Inc., Class B |
|
289,200 |
|
$ |
12,718,164 |
|
|
|
|
|
$ |
12,718,164 |
|
Total Common Stocks |
|
|
|
$ |
2,126,290,756 |
|
Preferred Stocks 28.5%
Security |
|
Shares |
|
Value |
|
|
Auto Components 0.2% |
|
|
|
|
|
|
Porsche International Finance PLC, 7.20% |
|
37,000 |
|
$ |
3,780,919 |
|
|
|
|
|
$ |
3,780,919 |
|
Commercial Banks 12.4% |
|
|
|
|
|
|
Abbey National Capital Trust I, 8.963% (1) |
|
75,000 |
|
$ |
8,846,655 |
|
ABN AMRO North America Capital Funding Trust, 6.968% (1)(2) |
|
1,250 |
|
1,243,359 |
|
|
Barclays Bank PLC, 6.86% (1)(2) |
|
35,000 |
|
3,247,419 |
|
|
Barclays Bank PLC, 8.55% (1)(2) |
|
224,000 |
|
23,677,158 |
|
|
BNP Paribas Capital Trust, 9.003% (1)(2) |
|
53,950 |
|
5,853,009 |
|
|
BNP Paribas, 7.195% (1)(2) |
|
85,000 |
|
8,109,824 |
|
|
Citigroup Inc., Series AA, 8.125% |
|
162,500 |
|
3,968,250 |
|
|
Citigroup Inc., Series F, 8.50% |
|
262,500 |
|
6,559,875 |
|
|
Cobank, ABC, 7.00% (2) |
|
400,000 |
|
18,318,800 |
|
|
Credit Agricole SA/London, 6.637% (1)(2) |
|
99,500 |
|
8,191,636 |
|
|
DB Capital Funding VIII, 6.375% |
|
489,000 |
|
11,281,230 |
|
|
DB Contingent Capital Trust II, 6.55% |
|
200,000 |
|
4,526,000 |
|
|
Den Norske Bank, 7.729% (1)(2) |
|
160,000 |
|
16,559,056 |
|
|
First Tennessee Bank, 3.75% (1)(2) |
|
2,775 |
|
2,018,812 |
|
|
HBOS PLC, 6.657% (1)(2) |
|
187,500 |
|
14,798,475 |
|
|
HSBC Capital Funding LP, 9.547% (1)(2) |
|
135,000 |
|
14,667,615 |
|
|
HSBC Capital Funding LP, 10.176% (1)(2) |
|
17,500 |
|
2,215,542 |
|
|
JPMorgan Chase & Co., 7.90% (1) |
|
192,500 |
|
19,377,339 |
|
|
Landsbanki Islands HF, 7.431% (1)(2) |
|
207,500 |
|
15,191,386 |
|
|
National City Corp., Series F, 9.875% (1) |
|
425,000 |
|
9,605,000 |
|
|
Royal Bank of Scotland Group PLC, 7.64% (1) |
|
155,000 |
|
14,782,861 |
|
|
Royal Bank of Scotland Group PLC, 9.118% (1) |
|
47,250 |
|
4,889,756 |
|
|
Santander Finance Unipersonal, 6.50% |
|
380,000 |
|
8,082,600 |
|
|
Standard Chartered PLC, 6.409% (1)(2) |
|
127,500 |
|
10,816,769 |
|
|
UBS Preferred Funding Trust I, 8.622% (1) |
|
150,000 |
|
15,535,260 |
|
|
Wachovia Corp., 8.00% |
|
400,000 |
|
9,916,000 |
|
|
|
|
|
|
$ |
262,279,686 |
|
Diversified Financials 0.3% |
|
|
|
|
|
|
Lehman Brothers Holdings, Inc., 7.95% |
|
240,000 |
|
$ |
5,520,000 |
|
Merrill Lynch & Co., Inc., 6.70% |
|
81,450 |
|
1,893,713 |
|
|
|
|
|
|
$ |
7,413,713 |
|
Electric Utilities 0.2% |
|
|
|
|
|
|
Interstate Power & Light Co., 7.10% |
|
181,400 |
|
$ |
4,544,070 |
|
|
|
|
|
$ |
4,544,070 |
|
3
Food Products 0.5% |
|
|
|
|
|
|||
Dairy Farmers of America, 7.875% (2) |
|
73,750 |
|
$ |
5,918,438 |
|
||
Ocean Spray Cranberries, Inc., 6.25% (2) |
|
47,500 |
|
4,214,143 |
|
|||
|
|
|
|
$ |
10,132,581 |
|
||
Gas Utilities 0.7% |
|
|
|
|
|
|||
Southern Union Co., 7.55% |
|
578,900 |
|
$ |
14,599,858 |
|
||
|
|
|
|
$ |
14,599,858 |
|
||
Insurance 5.8% |
|
|
|
|
|
|||
Aegon NV, 6.375% |
|
100,000 |
|
$ |
2,069,000 |
|
||
Arch Capital Group, Ltd., Series A, 8.00% |
|
424,500 |
|
10,650,705 |
|
|||
Arch Capital Group, Ltd., Series B, 7.875% |
|
60,500 |
|
1,485,275 |
|
|||
AXA SA, 6.379% (1)(2) |
|
20,000 |
|
1,731,152 |
|
|||
AXA SA, 6.463% (1)(2) |
|
189,250 |
|
15,908,450 |
|
|||
Endurance Specialty Holdings, Ltd., 7.75% |
|
317,500 |
|
7,496,175 |
|
|||
ING Capital Funding Trust III, 8.439% (1) |
|
170,750 |
|
17,911,812 |
|
|||
ING Group NV, 7.375% |
|
340,000 |
|
8,398,000 |
|
|||
PartnerRe, Ltd., 6.50% |
|
25,000 |
|
519,250 |
|
|||
Prudential PLC, 6.50% |
|
214,000 |
|
19,101,704 |
|
|||
RAM Holdings, Ltd., Series A, 7.50% (1) |
|
13,000 |
|
8,129,875 |
|
|||
RenaissanceRe Holdings, Ltd., 6.08% |
|
199,100 |
|
3,796,837 |
|
|||
RenaissanceRe Holdings, Ltd., 6.60% |
|
400,500 |
|
8,378,460 |
|
|||
Zurich Regcaps Fund Trust I, 6.58% (1)(2) |
|
6,000 |
|
5,805,000 |
|
|||
Zurich Regcaps Fund Trust VI, 3.63% (1)(2) |
|
12,500 |
|
11,046,875 |
|
|||
|
|
|
|
$ |
122,428,570 |
|
||
Oil, Gas & Consumable Fuels 0.6% |
|
|
|
|
|
|||
Kinder Morgan GP, Inc., 8.33% (1)(2) |
|
12,000 |
|
$ |
12,600,750 |
|
||
|
|
|
|
$ |
12,600,750 |
|
||
Real Estate Investment Trusts (REITs) 7.2% |
|
|
|
|
|
|||
AMB Property Corp., 6.75% |
|
426,000 |
|
$ |
9,550,920 |
|
||
Colonial Properties Trust, 8.125% |
|
577,000 |
|
13,807,610 |
|
|||
Developers Diversified Realty Corp., 7.375% |
|
160,000 |
|
3,640,000 |
|
|||
Developers Diversified Realty Corp., 8.00% |
|
250,000 |
|
6,097,500 |
|
|||
Health Care, Inc., 7.875% |
|
170,100 |
|
4,184,460 |
|
|||
ProLogis Trust, 6.75% |
|
1,500,000 |
|
34,665,000 |
|
|||
PS Business Parks, Inc., 6.70% |
|
400,000 |
|
8,400,000 |
|
|||
PS Business Parks, Inc., 7.95% |
|
400,000 |
|
9,748,000 |
|
|||
Public Storage, Inc., 6.85% |
|
1,000,000 |
|
23,312,500 |
|
|||
Regency Centers Corp., 7.45% |
|
45,000 |
|
1,068,300 |
|
|||
Vornado Realty Trust, 7.00% |
|
1,600,000 |
|
36,950,080 |
|
|||
|
|
|
|
$ |
151,424,370 |
|
||
Retail-Food and Drug 0.6% |
|
|
|
|
|
|||
CVS Caremark Corp., 6.302% (1) |
|
15,000,000 |
|
$ |
13,061,190 |
|
||
|
|
|
|
$ |
13,061,190 |
|
||
Thrifts & Mortgage Finance 0.0% |
|
|
|
|
|
|||
Indymac Bank FSB, 8.50% (2) |
|
600,000 |
|
$ |
637,500 |
|
||
|
|
|
|
$ |
637,500 |
|
||
Total Preferred Stocks |
|
|
|
$ |
602,903,207 |
|
||
|
|
|
|
|
|
|||
Short-Term Investments 3.3% |
|
|
|
|
|
|||
|
|
|
|
|
|
|||
|
|
Interest |
|
|
|
|||
Description |
|
(000s omitted) |
|
Value |
|
|||
Investment in Cash Management Portfolio, 2.38% (3) |
|
$ |
70,297 |
|
$ |
70,296,626 |
|
|
Total Short-Term Investments |
|
|
|
$ |
70,296,626 |
|
||
Total Investments 132.2% |
|
|
|
$ |
2,799,490,589 |
|
||
Other Assets, Less Liabilities (32.2)% |
|
|
|
$ |
(682,000,055 |
) |
||
Net Assets 100.0% |
|
|
|
$ |
2,117,490,534 |
|
||
4
ADR |
|
American Depository Receipt |
(1) |
|
Variable rate security. The stated interest rate represents the rate in effect at May 31, 2008. |
(2) |
|
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 May 31, 2008, the aggregate value of the securities is $202,771,168 or 9.6% of the Funds net assets. |
(3) |
|
Affiliated investment company available to Eaton Vance portfolios and funds which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of May 31, 2008. Net income allocated from the Investment in Cash Management Portfolio for the fiscal year to date ended May 31, 2008 was $1,154,766. |
Country Concentration of Portfolio
|
|
Percentage |
|
|
|
|
Country |
|
of Total Investments |
|
Value |
|
|
United States |
|
52.5 |
% |
$ |
1,469,507,133 |
|
United Kingdom |
|
9.2 |
|
257,648,266 |
|
|
Germany |
|
5.7 |
|
160,830,685 |
|
|
Norway |
|
4.8 |
|
134,230,493 |
|
|
Sweden |
|
4.6 |
|
127,888,854 |
|
|
Finland |
|
3.2 |
|
89,318,092 |
|
|
Brazil |
|
2.8 |
|
77,571,000 |
|
|
Canada |
|
2.7 |
|
75,832,520 |
|
|
France |
|
2.6 |
|
72,677,918 |
|
|
Mexico |
|
2.5 |
|
70,074,000 |
|
|
Bermuda |
|
2.2 |
|
61,440,077 |
|
|
Italy |
|
2.1 |
|
58,596,172 |
|
|
Switzerland |
|
1.8 |
|
50,858,848 |
|
|
Spain |
|
1.1 |
|
30,001,199 |
|
|
Netherlands |
|
0.8 |
|
23,185,175 |
|
|
Belgium |
|
0.8 |
|
20,857,852 |
|
|
Iceland |
|
0.5 |
|
15,191,386 |
|
|
Ireland |
|
0.1 |
|
3,780,919 |
|
|
Total Investments |
|
100.0 |
% |
$ |
2,799,490,589 |
|
The Fund did not have any open financial instruments at May 31, 2008.
The cost and unrealized appreciation (depreciation) of investments of the Fund at May 31, 2008, as determined on a federal income tax basis, were as follows:
Aggregate cost |
|
$ |
2,048,796,091 |
|
Gross unrealized appreciation |
|
$ |
838,928,575 |
|
Gross unrealized depreciation |
|
(88,234,077 |
) |
|
Net unrealized appreciation |
|
$ |
750,694,498 |
|
5
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 Dividend Income Fund
By: |
|
/s/ Thomas E. Faust, Jr. |
|
|
Thomas E. Faust Jr. |
|
|
President |
|
|
|
Date: |
|
July 25, 2008 |
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/ Thomas E. Faust, Jr. |
|
|
Thomas E. Faust Jr. |
|
|
President |
|
|
|
Date: |
|
July 25, 2008 |
|
|
|
By: |
|
/s/ Barbara E. Campbell |
|
|
Barbara E. Campbell |
|
|
Treasurer |
|
|
|
Date: |
|
July 25, 2008 |