Common Stocks — 90.0%

Aerospace & Defense — 2.7%

Hexcel Corp.⁽¹⁾

Textron, Inc.⁽¹⁾

United Technologies Corp.⁽¹⁾

Air Freight & Logistics — 3.1%

C.H. Robinson Worldwide, Inc.⁽¹⁾

Auto Components — 0.8%

Goodyear Tire & Rubber Co. (The)⁽¹⁾

Banks — 12.2%

Bank of America Corp.⁽¹⁾

First Republic Bank⁽¹⁾

JPMorgan Chase & Co.⁽¹⁾

KeyCorp⁽¹⁾

PNC Financial Services Group, Inc. (The)⁽¹⁾

U.S. Bancorp⁽¹⁾

Wells Fargo & Co.⁽¹⁾

Biotechnology — 0.9%

Gilead Sciences, Inc.⁽¹⁾

Capital Markets — 5.3%

Charles Schwab Corp. (The)⁽¹⁾

Credit Suisse Group AG⁽¹⁾

Credit Suisse Group AG⁽¹⁾⁽²⁾

Credit Suisse Group AG ADR⁽¹⁾

E*TRADE Financial Corp.⁽¹⁾⁽³⁾

Goldman Sachs Group, Inc. (The)⁽¹⁾

Lazard, Ltd., Class A⁽¹⁾

Chemicals — 0.2%

PPG Industries, Inc.⁽¹⁾

Consumer Finance — 0.6%

Discover Financial Services⁽¹⁾

Containers & Packaging — 1.5%

Ball Corp.⁽¹⁾

International Paper Co.⁽¹⁾

Diversified Financial Services — 0.8%

Berkshire Hathaway, Inc., Class B⁽¹⁾⁽³⁾

Diversified Telecommunication Services — 3.4%

AT&T, Inc.⁽¹⁾

Verizon Communications, Inc.⁽¹⁾

Electric Utilities — 2.6%

NextEra Energy, Inc.⁽¹⁾

Electronic Equipment, Instruments & Components — 1.5%

CDW Corp.⁽¹⁾

FLIR Systems, Inc.⁽¹⁾

Energy Equipment & Services — 1.2%

Core Laboratories NV⁽¹⁾

Halliburton Co.⁽¹⁾

Equity Real Estate Investment Trusts (REITs) — 5.0%

Boston Properties, Inc.⁽¹⁾

Equity Residential⁽¹⁾

Public Storage⁽¹⁾

Simon Property Group, Inc.⁽¹⁾

Food Products — 2.3%

McCormick & Co., Inc.⁽¹⁾

Mondelez International, Inc., Class A⁽¹⁾

Health Care Equipment & Supplies — 0.8%

Boston Scientific Corp.⁽¹⁾⁽³⁾

Health Care Providers & Services — 1.3%

Aetna, Inc.⁽¹⁾

Hotels, Restaurants & Leisure — 0.5%

Starbucks Corp.⁽¹⁾

Household Products — 1.1%

Colgate-Palmolive Co.⁽¹⁾

Insurance — 3.0%

American Financial Group, Inc.⁽¹⁾

Chubb, Ltd.⁽¹⁾

WR Berkley Corp.⁽¹⁾

Internet Software & Services — 3.6%

Alphabet, Inc., Class C⁽¹⁾⁽³⁾

eBay, Inc.⁽¹⁾⁽³⁾

IT Services — 0.9%

Leidos Holdings, Inc.⁽¹⁾

Machinery — 3.1%

Caterpillar, Inc.⁽¹⁾

Parker-Hannifin Corp.⁽¹⁾

Trinity Industries, Inc.⁽¹⁾

Media — 0.4%

Walt Disney Co. (The)⁽¹⁾

Metals & Mining — 0.2%

Rio Tinto PLC ADR⁽¹⁾

Multi-Utilities — 2.5%

CMS Energy Corp.⁽¹⁾

Sempra Energy⁽¹⁾

Oil, Gas & Consumable Fuels — 7.1%

Chevron Corp.⁽¹⁾

ConocoPhillips⁽¹⁾

EOG Resources, Inc.⁽¹⁾

Exxon Mobil Corp.⁽¹⁾

Phillips 66⁽¹⁾

Personal Products — 1.6%

Estee Lauder Cos., Inc. (The), Class A⁽¹⁾

Pharmaceuticals — 8.0%

Eli Lilly & Co.⁽¹⁾

Johnson & Johnson⁽¹⁾

Pfizer, Inc.⁽¹⁾

Zoetis, Inc.⁽¹⁾

Road & Rail — 1.9%

CSX Corp.⁽¹⁾

Semiconductors & Semiconductor Equipment — 4.1%

Intel Corp.⁽¹⁾

NXP Semiconductors NV⁽¹⁾⁽³⁾

QUALCOMM, Inc.⁽¹⁾

Specialty Retail — 0.8%

Home Depot, Inc. (The)⁽¹⁾

Technology Hardware, Storage & Peripherals — 0.9%

Apple, Inc.⁽¹⁾

Textiles, Apparel & Luxury Goods — 2.2%

Lululemon Athletica, Inc.⁽¹⁾⁽³⁾

NIKE, Inc., Class B⁽¹⁾

VF Corp.⁽¹⁾

Tobacco — 1.9%

Altria Group, Inc.⁽¹⁾

Philip Morris International, Inc.⁽¹⁾

Total Common Stocks
(identified cost $1,198,350,884)

Preferred Stocks — 14.8%

Banks — 6.3%

AgriBank FCB, 6.875% to 1/1/24⁽¹⁾⁽⁴⁾

CoBank ACB, Series F, 6.25% to 10/1/22^(1)(4)(5)

Farm Credit Bank of Texas, 6.75% to 9/15/23^(1)(4)(5)

Farm Credit Bank of Texas, Series 1, 10.00%⁽¹⁾⁽⁵⁾

First Republic Bank, Series G, 5.50%

First Tennessee Bank NA, 3.75%, (3 mo. USD LIBOR + 0.85%, Floor 3.75%)^(1)(5)(6)

Huntington Bancshares, Inc., Series A, 8.50% (Convertible)⁽¹⁾

IBERIABANK Corp., Series C, 6.60% to 5/1/26⁽¹⁾⁽⁴⁾

KeyCorp, Series E, 6.125% to 12/15/26⁽¹⁾⁽⁴⁾

MB Financial, Inc., Series C, 6.00%

Regions Financial Corp., Series A, 6.375%⁽¹⁾

SunTrust Banks, Inc., Series E, 5.875%⁽¹⁾

Texas Capital Bancshares, Inc., 6.50%⁽¹⁾

Texas Capital Bancshares, Inc., Series A, 6.50%⁽¹⁾

Webster Financial Corp., Series E, 6.40%⁽¹⁾

Wells Fargo & Co., Series L, 7.50% (Convertible)⁽¹⁾

Wells Fargo & Co., Series Y, 5.625%

Capital Markets — 0.7%

KKR & Co., LP, Series A, 6.75%⁽¹⁾

Legg Mason, Inc., 5.45%⁽¹⁾

State Street Corp., Series D, 5.90% to 3/15/24⁽¹⁾⁽⁴⁾

Consumer Finance — 0.3%

Capital One Financial Corp., Series H, 6.00%⁽¹⁾

Diversified Financial Services — 0.6%

KKR Financial Holdings, LLC, Series A, 7.375%⁽¹⁾

Electric Utilities — 2.0%

NextEra Energy Capital Holdings, Inc., Series I, 5.125%⁽¹⁾

NextEra Energy Capital Holdings, Inc., Series K, 5.25%⁽¹⁾

SCE Trust VI, 5.00%⁽¹⁾

Southern Co. (The), 6.25%⁽¹⁾

Equity Real Estate Investment Trusts (REITs) — 1.7%

CBL & Associates Properties, Inc., Series D, 7.375%⁽¹⁾

DDR Corp., Series A, 6.375%

DDR Corp., Series J, 6.50%⁽¹⁾

DDR Corp., Series K, 6.25%⁽¹⁾

Spirit Realty Capital, Inc., Series A, 6.00%

Summit Hotel Properties, Inc., Series E, 6.25%

Vornado Realty Trust, Series K, 5.70%⁽¹⁾

Food Products — 0.9%

Dairy Farmers of America, Inc., 7.875%⁽¹⁾⁽⁵⁾

Ocean Spray Cranberries, Inc., 6.25%⁽¹⁾⁽⁵⁾

Insurance — 0.5%

American Overseas Group, Ltd., Series A, 4.877%, (3 mo. USD LIBOR + 3.557%)^(1)(6)(7)

Arch Capital Group, Ltd., Series E, 5.25%

PartnerRe, Ltd., Series I, 5.875%⁽¹⁾

Machinery — 0.5%

Stanley Black & Decker, Inc., 5.75%⁽¹⁾

Multi-Utilities — 0.1%

DTE Energy Co., Series C, 5.25%⁽¹⁾

Oil, Gas & Consumable Fuels — 0.9%

NuStar Energy, LP, Series B, 7.625% to 6/15/22⁽¹⁾⁽⁴⁾

Thrifts & Mortgage Finance — 0.3%

Elmira Savings Bank, 8.998% to 12/31/17⁽¹⁾⁽⁴⁾

Total Preferred Stocks
(identified cost $254,587,406)

Corporate Bonds & Notes — 18.1%

Airlines — 0.2%

Azul Investments LLP, 5.875%, 10/26/24⁽⁵⁾

Automobiles — 0.4%

General Motors Financial Co., Inc., Series A, 5.75% to 9/30/27⁽⁴⁾⁽⁸⁾

Banks — 9.3%

Australia and New Zealand Banking Group, Ltd., 6.75% to 6/15/26^(1)(4)(5)(8)

Banco Bilbao Vizcaya Argentaria SA, 6.125% to 11/16/27⁽⁴⁾⁽⁸⁾

Banco do Brasil SA, 6.25% to 4/15/24^(1)(4)(5)(8)

Banco Mercantil del Norte SA/Grand Cayman, 7.625% to 1/6/28^(1)(4)(5)(8)

Bank of America Corp., Series AA, 6.10% to 3/17/25^(1)(4)(8)

BNP Paribas SA, 6.75% to 3/14/22^(1)(4)(5)(8)

Citigroup, Inc., Series M, 6.30% to 5/15/24^(1)(4)(8)

Credit Agricole SA, 7.875% to 1/23/24^(1)(4)(5)(8)

JPMorgan Chase & Co., Series X, 6.10% to 10/1/24^(1)(4)(8)

JPMorgan Chase & Co., Series Z, 5.30% to 5/1/20^(1)(4)(8)

Lloyds Banking Group PLC, 7.50% to 6/27/24^(1)(4)(8)

M&T Bank Corp., Series F, 5.125% to 11/1/26^(1)(4)(8)

PNC Financial Services Group, Inc. (The), Series S, 5.00% to 11/1/26^(1)(4)(8)

Royal Bank of Scotland Group PLC, 8.00% to 8/10/25^(1)(4)(8)

Societe Generale SA, 7.375% to 9/13/21^(1)(4)(5)(8)

UniCredit SpA, 8.00% to 6/3/24^(1)(4)(8)(9)

Zions Bancorporation, Series I, 5.80% to 6/15/23^(1)(4)(8)

Zions Bancorporation, Series J, 7.20% to 9/15/23^(1)(4)(8)

Capital Markets — 2.4%

Banco BTG Pactual SA/Cayman Islands, 5.75%, 9/28/22⁽¹⁾⁽⁵⁾

Charles Schwab Corp. (The), Series F, 5.00% to 12/1/27⁽⁴⁾⁽⁸⁾

Goldman Sachs Group, Inc. (The), Series M, 5.375% to 5/10/20^(1)(4)(8)

UBS Group AG, 6.875% to 8/7/25^(1)(4)(8)(9)

Diversified Financial Services — 0.6%

Cadence Financial Corp., 4.875%, 6/28/19⁽¹⁾⁽⁵⁾

Textron Financial Corp., 3.151%, (3 mo. USD LIBOR + 1.735%), 2/15/67^(1)(5)(6)

Electric Utilities — 1.2%

AES Gener SA, 8.375% to 6/18/19, 12/18/73^(1)(4)(5)

Southern Co. (The), Series B, 5.50% to 3/15/22, 3/15/57⁽¹⁾⁽⁴⁾

Energy Equipment & Services — 0.0%⁽¹⁰⁾

Abengoa Finance S.A.U., 7.75%, 3/31/27^(1)(5)(11)

Food Products — 1.1%

JBS Investments GmbH, 7.75%, 10/28/20⁽¹⁾⁽⁵⁾

Land O’ Lakes, Inc., 8.00%^(1)(5)(8)

Insurance — 0.3%

MetLife, Inc., 6.40%, 12/15/66⁽¹⁾

Metals & Mining — 0.5%

BHP Billiton Finance USA, Ltd., 6.75% to 10/19/25, 10/19/75^(1)(4)(5)

Multi-Utilities — 0.3%

Dominion Resources, Inc., 5.75% to 10/1/24, 10/1/54⁽¹⁾⁽⁴⁾

Oil, Gas & Consumable Fuels — 0.9%

EnLink Midstream Partners, LP, Series C, 6.00% to 12/15/22⁽⁴⁾⁽⁸⁾

Odebrecht Oil & Gas Finance, Ltd., 7.00% to 6/17/24^{(1)(4)(5)(8)(11)}

Plains All American Pipeline, LP, Series B, 6.125% to 11/15/22⁽⁴⁾⁽⁸⁾

Pipelines — 0.7%

Energy Transfer Partners, LP, Series A, 6.25% to 2/15/23⁽⁴⁾⁽⁸⁾

Thrifts & Mortgage Finance — 0.2%

Flagstar Bancorp, Inc., 6.125%, 7/15/21⁽¹⁾

Total Corporate Bonds & Notes
(identified cost $302,376,485)

Exchange-Traded Funds — 2.4%

Equity Funds — 2.4%

First Trust Preferred Securities and Income ETF⁽¹⁾

Total Exchange-Traded Funds
(identified cost $40,754,794)

Short-Term Investments — 0.2%

Eaton Vance Cash Reserves Fund, LLC, 1.34%⁽¹²⁾

Total Short-Term Investments
(identified cost $3,889,196)

Total Investments — 125.5%
(identified cost $1,799,958,765)

Other Assets, Less Liabilities — (25.5)%

Net Assets — 100.0%

Country Concentration of Portfolio

United States

Switzerland

United Kingdom

Brazil

France

Netherlands

Bermuda

Italy

Chile

Australia

Spain

Mexico

Exchange-Traded Funds

Total Investments

ADR

LIBOR

USD

Common Stocks

Consumer Discretionary

Consumer Staples

Energy

Financials

Health Care

Industrials

Information Technology

Materials

Real Estate

Telecommunication Services

Utilities

Total Common Stocks

Preferred Stocks

Consumer Staples

Energy

Financials

Industrials

Real Estate

Utilities

Total Preferred Stocks

Corporate Bonds & Notes

Exchange-Traded Funds

Short-Term Investments

Total Investments