AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Eaton Vance Enhanced Equity Income Fund II

Regulatory Filings Nov 29, 2007

Preview not available for this file type.

Download Source File

N-Q 1 a07-26984_1nq.htm N-Q

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 811-21670
Eaton Vance Enhanced Equity
Income Fund II
(Exact Name of
Registrant as Specified in Charter)
The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109
(Address of
Principal Executive Offices) (Zip code)
Maureen A. Gemma 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,
2007

SEQ.=1,FOLIO='',FILE='C:\Fc\33351351385_P66537CHE_2548907\26984-1-ba.htm',USER='jmsproofassembler',CD='Nov 29 05:14 2007'

Item 1. Schedule of Investments

SEQ.=1,FOLIO='',FILE='C:\Fc\33315212167_P66530CHE_2548376\26984-1-bc.htm',USER='jmsproofassembler',CD='Nov 29 01:52 2007'

Eaton Vance Enhanced Equity Income Fund II as of September 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks (1) — 100.2%

Security Shares Value
Aerospace &
Defense — 6.1%
Alliant
Techsystems, Inc. (2) 116,876 $ 12,774,547
Boeing Company 32,505 3,412,700
General Dynamics Corp. 199,997 16,893,747
Precision Castparts
Corp. 16,049 2,374,931
Rockwell
Collins, Inc. 148,330 10,834,023
United Technologies
Corp. 149,095 11,999,166
$ 58,289,114
Beverages
— 1.2%
PepsiCo, Inc. 155,157 $ 11,366,802
$ 11,366,802
Biotechnology
— 2.0%
Cephalon, Inc. (2) 131,845 $ 9,632,596
Genzyme Corp. (2) 160,614 9,951,643
$ 19,584,239
Capital
Markets — 2.7%
Affiliated Managers
Group, Inc. (2) 102,320 $ 13,046,823
Bank of New York Mellon
Corp. 190,782 8,421,117
UBS AG 81,500 4,339,875
$ 25,807,815
Chemicals
— 1.6%
Ecolab, Inc. 320,122 $ 15,109,758
$ 15,109,758
Commercial
Banks — 0.8%
Zions Bancorporation 108,533 $ 7,452,961
$ 7,452,961
Commercial
Services & Supplies — 2.0%
Avery Dennison Corp. 159,623 $ 9,101,703
Equifax, Inc. 254,055 9,684,577
$ 18,786,280
Communications
Equipment — 3.9%
Cisco Systems, Inc.
(2) 230,487 $ 7,631,425
Corning, Inc. 521,667 12,859,092
QUALCOMM, Inc. 184,599 7,801,154
Riverbed Technology, Inc.
(2) 217,432 8,782,078
$ 37,073,749
Computer
Peripherals — 3.5%
Apple, Inc. (2) 105,901 $ 16,260,040
Brocade
Communications Systems, Inc. (2) 1,047,499 8,966,591

0

SEQ.=1,FOLIO='0',FILE='C:\Fc\32111458339_P66535CHE_2534173\26984-1-bg-01.htm',USER='jmsproofassembler',CD='Nov 17 11:46 2007'

EMC Corp. (2) 414,494 $
$ 33,848,106
Consumer
Finance — 1.0%
American Express Co. 161,710 $ 9,600,723
$ 9,600,723
Diversified
Telecommunication Services — 0.6%
Windstream Corp. 387,340 $ 5,469,241
$ 5,469,241
Electrical
Equipment — 0.9%
Emerson Electric Co. 162,165 $ 8,630,421
$ 8,630,421
Electronic
Equipment & Instruments — 0.8%
Agilent
Technologies, Inc. (2) 221,627 $ 8,173,604
$ 8,173,604
Energy
Equipment & Services — 5.4%
Diamond Offshore
Drilling, Inc. 94,210 $ 10,673,051
Noble Corp. 154,209 7,563,951
Rowan Cos., Inc. 264,421 9,672,520
Schlumberger, Ltd. 103,280 10,844,400
Transocean, Inc.
(2) 115,575 13,065,754
$ 51,819,676
Food &
Staples Retailing — 3.0%
CVS Caremark Corp. 274,937 $ 10,895,753
Kroger Co. 347,740 9,917,545
Safeway, Inc. 227,785 7,541,961
$ 28,355,259
Food
Products — 2.7%
Kraft Foods, Inc.,
Class A 35,281 $ 1,217,547
Nestle SA ADR 116,862 13,079,698
William Wrigley Jr. Co. 181,003 11,625,823
$ 25,923,068
Health
Care Equipment & Supplies — 6.1%
Baxter
International, Inc. 184,589 $ 10,388,669
DENTSPLY
International, Inc. 265,900 11,072,076
Edwards Lifesciences
Corp. (2) 248,856 12,271,089
Gen-Probe, Inc. (2) 113,234 7,539,120
St. Jude
Medical, Inc. (2) 197,028 8,683,024
Thoratec Corp. (2) 402,472 8,327,146
$ 58,281,124
Health
Care Providers & Services — 4.5%
DaVita, Inc. (2) 171,568 $ 10,839,666
Henry Schein, Inc.
(2) 205,408 12,497,023

1

SEQ.=1,FOLIO='1',FILE='C:\Fc\32111458339_P66535CHE_2534173\26984-1-bg-01.htm',USER='jmsproofassembler',CD='Nov 17 11:46 2007'

| Lincare
Holdings, Inc. (2) | 277,189 | $ |
| --- | --- | --- |
| UnitedHealth
Group, Inc. | 191,046 | 9,252,358 |
| | | $ 42,748,024 |
| Hotels,
Restaurants & Leisure — 3.5% | | |
| Cheesecake
Factory, Inc., (2) | 391,645 | $ 9,191,908 |
| International Game
Technology | 275,935 | 11,892,798 |
| Marriott
International, Inc., Class A | 169,250 | 7,357,297 |
| Starwood
Hotels & Resorts Worldwide, Inc. | 86,182 | 5,235,557 |
| | | $ 33,677,560 |
| Household
Durables — 0.7% | | |
| Jarden Corp. (2) | 234,016 | $ 7,240,455 |
| | | $ 7,240,455 |
| Household
Products — 2.7% | | |
| Colgate-Palmolive Co. | 140,812 | $ 10,042,712 |
| Procter &
Gamble Co. | 230,650 | 16,223,921 |
| | | $ 26,266,633 |
| Independent
Power Producers & Energy Traders — 1.2% | | |
| NRG Energy, Inc.
(2) | 264,067 | $ 11,167,393 |
| | | $ 11,167,393 |
| Insurance
— 2.2% | | |
| Travelers
Cos., Inc. | 216,012 | $ 10,874,044 |
| Willis Group Holdings,
Ltd. | 239,885 | 9,820,892 |
| | | $ 20,694,936 |
| Internet &
Catalog Retail — 0.4% | | |
| Liberty Media Corp. -
Interactive Group (2) | 197,723 | $ 3,798,259 |
| | | $ 3,798,259 |
| Internet
Software & Services — 3.8% | | |
| Akamai
Technologies, Inc. (2) | 314,840 | $ 9,045,353 |
| Google Inc.,
Class A (2) | 21,107 | 11,973,368 |
| Omniture, Inc. (2) | 203,585 | 6,172,697 |
| VeriSign, Inc. (2) | 264,645 | 8,929,122 |
| | | $ 36,120,540 |
| IT
Services — 0.9% | | |
| Paychex, Inc. | 202,473 | $ 8,301,393 |
| | | $ 8,301,393 |
| Life
Sciences Tools & Services — 0.7% | | |
| Thermo Fisher
Scientific, Inc. (2) | 122,120 | $ 7,048,766 |
| | | $ 7,048,766 |
| Machinery
— 3.6% | | |
| Eaton Corp. | 116,491 | $ 11,537,269 |
| Oshkosh Truck Corp. | 121,014 | 7,499,238 |

2

SEQ.=1,FOLIO='2',FILE='C:\Fc\32111458339_P66535CHE_2534173\26984-1-bg-01.htm',USER='jmsproofassembler',CD='Nov 17 11:46 2007'

Terex Corp. (2) 82,793 $
Trinity
Industries, Inc. 228,470 8,576,764
$ 34,983,504
Media —
4.3%
Central European Media
Enterprises, Ltd., Class A (2) 111,546 $ 10,229,884
Comcast Corp.,
Class A (2) 486,898 11,773,194
McGraw-Hill
Companies, Inc., (The) 173,157 8,815,423
Time Warner Inc. 578,029 10,612,612
$ 41,431,113
Metals &
Mining — 4.4%
Aber Diamond Corp. 246,057 $ 9,630,671
Alcoa, Inc. 264,135 10,332,961
Freeport-McMoRan
Copper & Gold, Inc. 94,326 9,893,854
Goldcorp, Inc. 416,668 12,733,374
$ 42,590,860
Multiline
Retail — 1.0%
Macy’s, Inc. 286,670 $ 9,265,174
$ 9,265,174
Oil,
Gas & Consumable Fuels — 3.3%
Apache Corp. 125,144 $ 11,270,469
Hess Corp. 195,369 12,997,900
Western
Refining, Inc. 175,802 7,134,045
$ 31,402,414
Personal
Products — 0.5%
Estee Lauder
Cos., Inc., Class A 109,464 $ 4,647,841
$ 4,647,841
Pharmaceuticals
— 4.8%
Abbott Laboratories 171,820 $ 9,212,988
Eli Lilly & Co. 172,982 9,847,865
Johnson &
Johnson 177,620 11,669,634
Mylan
Laboratories, Inc. 390,746 6,236,306
Novartis AG ADR 163,628 8,992,995
$ 45,959,788
Real
Estate Investment Trusts (REITs) — 1.0%
Public Storage 124,574 $ 9,797,745
$ 9,797,745
Semiconductors &
Semiconductor Equipment — 8.0%
KLA-Tencor Corp. 227,597 $ 12,695,361
Marvell Technology
Group, Ltd. (2) 541,611 8,866,172
MEMC Electronic
Materials, Inc. (2) 128,000 7,534,080
Microchip
Technology, Inc. 267,973 9,732,779
Micron
Technology, Inc. (2) 652,491 7,242,650

3

SEQ.=1,FOLIO='3',FILE='C:\Fc\32111458339_P66535CHE_2534173\26984-1-bg-01.htm',USER='jmsproofassembler',CD='Nov 17 11:46 2007'

NVIDIA Corp. (2) 438,919 $
Texas
Instruments, Inc. 395,881 14,485,286
$ 76,462,753
Software
— 2.6%
Autodesk, Inc. (2) 183,138 $ 9,151,406
Oracle Corp. (2) 724,375 15,682,719
$ 24,834,125
Tobacco
— 1.1%
Altria Group, Inc. 50,746 $ 3,528,369
Loews Corp. - Carolina
Group 90,197 7,416,899
$ 10,945,268
Wireless
Telecommunication Services — 0.7%
Rogers
Communications, Inc., Class B 153,366 $ 6,982,754
$ 6,982,754
Total Common Stocks (identified cost $937,031,188) $ 959,939,238

*Short-Term Investments — 3.1%*

Description Interest (000’s omitted) Value
Investment in
Cash Management Portfolio, 5.01% (3) $ 29,322 $ 29,321,803
Total Short-Term Investments (identified cost $29,321,803) $ 29,321,803
Total
Investments — 103.3% (identified cost $966,352,991) $ 989,261,041

Covered Call Options Written — (3.3%)

Type of Contract Number of Contracts Premium Received Value
Abbott Laboratories,
Expires 11/17/07, Strike 57.50 1,250 $ 290,358 $ (50,000 )
Affiliated Managers
Group, Inc., Expires 12/22/07, Strike 115.00 410 253,007 (697,000 )
Agilent
Techologies, Inc., Expires 11/17/07, Strike 35.00 1,135 181,688 (324,610 )
Akamai
Technologies, Inc., Expires 11/17/07, Strike 40.00 2,290 326,254 (68,700 )
Alcoa Inc., Expires
11/17/07, Strike 37.50 1,310 235,272 (445,400 )
Alliant
Technologies, Inc., Expires 11/17/07, Strike 105.00 565 217,108 (429,400 )
Altria Group, Inc.,
Expires 12/22/07, Strike 70.00 225 48,847 (53,775 )
American Express Co.,
Expires 10/20/07, Strike 62.50 945 219,331 (37,800 )

4

SEQ.=1,FOLIO='4',FILE='C:\Fc\32111458339_P66535CHE_2534173\26984-1-bg-01.htm',USER='jmsproofassembler',CD='Nov 17 11:46 2007'

| Apache Corp., Expires
10/20/07, Strike 85.00 | 895 | $ | $ | ) |
| --- | --- | --- | --- | --- |
| Apple, Inc.,
Expires 10/20/07, Strike 160.00 | 925 | 552,309 | (251,600 | ) |
| Autodesk, Inc.,
Expires 10/20/07, Strike 45.00 | 1,150 | 238,161 | (575,000 | ) |
| Avery Dennison Corp.,
Expires 1/19/08, Strike 65.00 | 1,596 | 214,419 | (75,810 | ) |
| Baxter
International, Inc., Expires 11/17/07, Strike 52.50 | 970 | 360,980 | (465,600 | ) |
| Boeing Company, Expires
11/17/07, Strike 100.00 | 230 | 108,006 | (158,700 | ) |
| Brocade Communications
Systems, Inc., Expires 1/19/08, Strike 9.00 | 9,402 | 174,874 | (564,120 | ) |
| Central European Media
Enterprises, Ltd., Expires 10/20/07, Strike 95.00 | 515 | 327,402 | (82,400 | ) |
| Cephalon, Inc.,
Expires 11/17/07, Strike 75.00 | 690 | 180,846 | (207,000 | ) |
| Cheesecake
Factory, Inc., Expires 10/20/07, Strike 25.00 | 1,860 | 338,701 | (46,500 | ) |
| Cisco
Systems, Inc., Expires 10/20/07, Strike 30.00 | 1,640 | 294,539 | (533,000 | ) |
| Colgate-Palmolive Co.,
Expires 11/17/07, Strike 70.00 | 1,408 | 288,776 | (373,120 | ) |
| Comcast Corp.,
Class A, Expires 10/20/07, Strike 27.50 | 3,000 | 391,824 | (15,000 | ) |
| Corning, Inc.,
Expires 11/17/07, Strike 25.00 | 2,585 | 367,323 | (328,295 | ) |
| CVS/Caremark Corp.,
Expires 11/17/07, Strike 37.50 | 1,440 | 348,619 | (432,000 | ) |
| Davita, Inc.,
Expires 10/20/07, Strike 55.00 | 1,030 | 235,084 | (860,050 | ) |
| DENTSPLY
International, Inc., Expires 10/20/07, Strike 40.00 | 2,659 | 162,462 | (531,800 | ) |
| Diamond Offshore
Drilling, Inc., Expires 12/22/07, Strike 115.00 | 650 | 472,608 | (442,000 | ) |
| Eaton Corp., Expires
10/20/07, Strike 100.00 | 610 | 211,728 | (167,750 | ) |
| Ecolab, Inc.,
Expires 10/20/07, Strike 45.00 | 1,505 | 198,832 | (387,537 | ) |
| Edwards Lifesciences
Corp., Expires 11/17/07, Strike 50.00 | 1,225 | 152,633 | (162,312 | ) |
| Eli Lilly &
Co., Expires 10/20/07, Strike 55.00 | 760 | 204,893 | (199,120 | ) |
| EMC Corp., Expires
10/20/07, Strike 19.00 | 3,310 | 309,811 | (645,450 | ) |
| Emerson Electric Co.,
Expires 12/22/07, Strike 50.00 | 1,621 | 279,975 | (778,080 | ) |
| Equifax, Inc.,
Expires 10/20/07, Strike 40.00 | 605 | 113,696 | (22,687 | ) |
| Estee Lauder
Cos., Inc., (The), Class A, Expires 1/19/08, Strike 45.00 | 620 | 105,460 | (80,600 | ) |
| Freeport McMoran
Copper & Gold, Inc., Expires 11/17/07, Strike 110.00 | 620 | 336,097 | (319,300 | ) |
| General Dynamics Corp.,
Expires 11/17/07, Strike 80.00 | 1,295 | 378,264 | (880,600 | ) |
| Gen-Probe, Inc.,
Expires 11/17/07, Strike 65.00 | 500 | 143,548 | (200,000 | ) |
| Genzyme Corp., Expires
10/20/07, Strike 62.50 | 805 | 225,075 | (100,625 | ) |
| Goldcorp, Inc.,
Expires 10/20/07, Strike 25.00 | 2,170 | 366,681 | (1,280,300 | ) |
| Google, Inc.,
Class A, Expires 12/22/07, Strike 570.00 | 155 | 410,294 | (452,600 | ) |
| Henry Schein, Inc.,
Expires 10/20/07, Strike 55.00 | 1,080 | 249,796 | (658,800 | ) |
| Hess Corp., Expires
11/17/07, Strike 65.00 | 1,025 | 386,522 | (451,000 | ) |
| International Game
Technology, Expires 10/20/07, Strike 35.00 | 1,375 | 363,902 | (1,113,750 | ) |

6

SEQ.=1,FOLIO='6',FILE='C:\Fc\3218149964_P66527CHE_2533897\26984-1-bg-03.htm',USER='jmsproofassembler',CD='Nov 17 08:02 2007'

| Jarden Corp., Expires
10/20/07, Strike 45.00 | 1,370 | $ | $ | ) |
| --- | --- | --- | --- | --- |
| Johnson &
Johnson, Expires 10/20/07, Strike 65.00 | 1,776 | 161,791 | (239,760 | ) |
| Jude Medical, Expires
10/20/07, Strike 45.00 | 1,215 | 178,724 | (115,425 | ) |
| KLA-Tencor Corp.,
Expires 12/22/07, Strike 60.00 | 1,900 | 526,482 | (351,500 | ) |
| Kroger Co. (The),
Expires 10/20/07, Strike 27.50 | 870 | 163,410 | (121,800 | ) |
| Liberty Media
Corp.-Interactive Group, Expires 1/19/08, Strike 20.00 | 730 | 78,182 | (62,050 | ) |
| Lincare Holdings, Inc.,
Expires 11/17/07, Strike 37.50 | 855 | 104,394 | (83,363 | ) |
| Loews Corp. - Carolina
Group, Expires 12/22/07, Strike 75.00 | 355 | 152,506 | (312,400 | ) |
| Macy’s, Inc.,
Expires 11/17/07, Strike 37.50 | 905 | 200,997 | (63,350 | ) |
| Marriott
International, Inc., Class A, Expires 10/20/07, Strike 45.00 | 1,692 | 265,809 | (143,820 | ) |
| Marvell Technology
Group, Ltd., Expires 11/17/07, Strike 17.50 | 2,460 | 318,811 | (147,600 | ) |
| McGraw-Hill
Companies, Inc., (The), Expires 11/17/07, Strike 65.00 | 680 | 297,223 | (6,800 | ) |
| MEMC Electronic
Materials, Inc., Expires 10/20/07, Strike 65.00 | 675 | 197,164 | (33,750 | ) |
| Micron
Technology, Inc., Expires 1/19/08, Strike 12.50 | 2,010 | 152,959 | (120,600 | ) |
| Mircrochip
Technology, Inc., Expires 10/20/07, Strike 40.00 | 2,679 | 341,594 | (26,790 | ) |
| Mylan
Laboratories, Inc., Expires 1/19/08, Strike 15.00 | 610 | 111,079 | (115,900 | ) |
| Noble Corp., Expires
11/17/07, Strike 50.00 | 770 | 197,964 | (192,500 | ) |
| Novartis AG, Expires
10/20/07, Strike 55.00 | 795 | 214,329 | (67,575 | ) |
| NRG Energy, Inc.,
Expires 12/22/07, Strike 40.00 | 855 | 224,092 | (350,550 | ) |
| NVIDIA Corp., Expires
12/22/07, Strike 35.00 | 2,085 | 666,356 | (854,850 | ) |
| Omniture, Inc.,
Expires 12/22/07, Strike 30.00 | 1,745 | 492,257 | (715,450 | ) |
| Oracle Corp., Expires
12/22/07, Strike 22.50 | 7,243 | 696,041 | (579,440 | ) |
| Oshkosh Truck Corp.,
Expires 10/20/07, Strike 65.00 | 835 | 316,224 | (54,275 | ) |
| Paychex, Inc.,
Expires 12/22/07, Strike 45.00 | 1,470 | 223,584 | (64,680 | ) |
| PepsiCo, Inc.,
Expires 10/20/07, Strike 67.50 | 1,045 | 195,516 | (600,875 | ) |
| Procter &
Gamble Co., Expires 10/20/07, Strike 65.00 | 2,306 | 204,308 | (1,245,240 | ) |
| Public
Storage, Inc., Expires 12/22/07, Strike 80.00 | 725 | 367,642 | (329,875 | ) |
| QUALCOMM, Inc.,
Expires 10/20/07, Strike 42.50 | 820 | 194,419 | (86,100 | ) |
| Riverbed
Technology, Inc., Expires 12/22/07, Strike 45.00 | 845 | 373,577 | (223,925 | ) |
| Rockwell
Collins, Inc., Expires 10/20/07, Strike 70.00 | 825 | 195,604 | (346,500 | ) |
| Rogers
Communications, Inc., Class B, Expires 10/20/07, Strike 50.00 | 910 | 106,559 | (9,100 | ) |
| Rowan Cos., Inc.,
Expires 11/17/07, Strike 37.50 | 1,320 | 211,500 | (310,200 | ) |
| Safeway, Inc.,
Expires 12/22/07, Strike 35.00 | 2,277 | 255,248 | (307,395 | ) |
| Schlumberger, Ltd.,
Expires 11/17/07, Strike 95.00 | 1,032 | 466,560 | (1,268,328 | ) |
| Starwood
Hotels & Resorts Worldwide, Inc., Expires 11/17/07, Strike
60.00 | 255 | 129,309 | (102,000 | ) |
| Terex Corp., Expires
10/20/07, Strike 80.00 | 827 | 378,016 | (802,190 | ) |

7

SEQ.=1,FOLIO='7',FILE='C:\Fc\3218149964_P66527CHE_2533897\26984-1-bg-03.htm',USER='jmsproofassembler',CD='Nov 17 08:02 2007'

| Texas
Instruments, Inc., Expires 10/20/07, Strike 37.50 | 2,855 | $ | $ | ) |
| --- | --- | --- | --- | --- |
| Thermo Fisher
Scientific, Inc., Expires 12/22/07, Strike 60.00 | 1,221 | 197,921 | (213,675 | ) |
| Thoratec Corp., Expires
10/20/07, Strike 20.00 | 1,935 | 265,284 | (208,980 | ) |
| Time Warner, Inc.,
Expires 10/20/07, Strike 20.00 | 2,740 | 242,760 | (13,700 | ) |
| Transocean, Inc.,
Expires 11/17/07, Strike 105.00 | 1,155 | 574,199 | (1,201,200 | ) |
| Travelers
Cos., Inc., Expires 10/20/07, Strike 55.00 | 2,160 | 371,428 | (2,160 | ) |
| Trinity
Industries, Inc., Expires 1/19/08, Strike 40.00 | 890 | 188,766 | (200,250 | ) |
| UBS AG, Expires
12/22/07, Strike 55.00 | 265 | 76,080 | (55,650 | ) |
| United Technologies,
Corp., Expires 11/17/07, Strike 75.00 | 1,490 | 472,472 | (983,400 | ) |
| UnitedHealth
Group, Inc., Expires 12/22/07, Strike 50.00 | 660 | 157,309 | (102,300 | ) |
| VeriSign, Inc.,
Expires 12/22/07, Strike 35.00 | 2,035 | 370,568 | (407,000 | ) |
| Western
Refining, Inc., Expires 12/22/07, Strike 60.00 | 1,115 | 375,861 | (33,450 | ) |
| William Wrigley Jr. Co.,
Expires 12/22/07, Strike 65.00 | 1,810 | 302,953 | (434,400 | ) |
| Willis Group Holdings,
Ltd., Expires 10/20/07, Strike 40.00 | 815 | 74,671 | (112,063 | ) |
| Zions Bancorporation,
Expires 10/20/07, Strike 80.00 | 645 | 150,218 | (6,451 | ) |
| Total
Covered Call Options Written (premiums received $25,449,181) | | | $ (31,046,056 | ) |
| Other
Assets, Less Liabilities — (0.0)% | | | $ (46,889 | ) |
| Net Assets — 100.0% | | | $ 958,168,096 | |

ADR American Depository Receipt
(1) A portion of each common
stock holding has been segregated as collateral for options written.
(2) Non-income producing
security.
(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 September 30, 2007. Net income allocated
from the Investment in Cash Management Portfolio for the fiscal year to date
ended September 30, 2007 was $1,480,329.

The cost and unrealized appreciation (depreciation) in value of the investments owned at September 30, 2007, as determined on a federal income tax basis, were as follows:

Aggregate cost $
Gross unrealized
appreciation $ 59,132,964
Gross unrealized
depreciation (42,054,951 )
Net unrealized appreciation $ 17,078,013

8

SEQ.=1,FOLIO='8',FILE='C:\Fc\3218149964_P66527CHE_2533897\26984-1-bg-03.htm',USER='jmsproofassembler',CD='Nov 17 08:02 2007'

Written call option activity for the fiscal year to date ended September 30, 2007 was as follows:

| Outstanding,
beginning of period | Number of Contracts — 141,814 | | Premiums Received — $ 24,810,118 | |
| --- | --- | --- | --- | --- |
| Options written | 451,574 | | 79,164,689 | |
| Options terminated
in closing purchase transactions | (421,020 | ) | (70,222,757 | ) |
| Options expired | (40,754 | ) | (8,302,869 | ) |
| Outstanding, end of
period | 131,614 | | $ 25,449,181 | |

At September 30, 2007, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

9

SEQ.=1,FOLIO='9',FILE='C:\Fc\3218149964_P66527CHE_2533897\26984-1-bg-03.htm',USER='jmsproofassembler',CD='Nov 17 08:02 2007'

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.

SEQ.=1,FOLIO='',FILE='C:\Fc\33301326992_P66530CHE_2548065\26984-1-ga.htm',USER='jmsproofassembler',CD='Nov 29 00:14 2007'

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 Enhanced Equity Income Fund II

By: /s/ Duncan W. Richardson
Duncan W. Richardson
President and Principal Executive Officer
Date: November 20, 2007

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 20, 2007
By: /s/ Barbara E. Campbell
Barbara E. Campbell
Treasurer and Principal Financial Officer
Date: November 20, 2007

SEQ.=1,FOLIO='',FILE='C:\Fc\33302359929_P66530CHE_2548065\26984-1-jc.htm',USER='jmsproofassembler',CD='Nov 29 00:24 2007'

Talk to a Data Expert

Have a question? We'll get back to you promptly.