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Eaton Vance Enhanced Equity Income Fund

Regulatory Filings Aug 28, 2008

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N-Q 1 a08-18567_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 811-21614
Eaton
Vance Enhanced Equity Income Fund
(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 Service)
Registrant’s Telephone Number, Including Area Code: (617) 482-8260
Date of Fiscal Year End: September 30
Date of Reporting Period: June 30, 2008

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*Item 1. Schedule of Investments*

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Eaton Vance Enhanced Equity Income Fund as of June 30, 2008

*PORTFOLIO OF INVESTMENTS (Unaudited)*

*Common Stocks (1) — 96.9%*

Security Shares Value
Aerospace
& Defense — 4.4%
Alliant Techsystems, Inc. (2) 15,056 $ 1,530,894
Ceradyne, Inc. (2) 64,273 2,204,564
General Dynamics Corp. 81,660 6,875,772
Lockheed Martin Corp. 62,915 6,207,194
Precision Castparts Corp. 27,798 2,678,893
Raytheon Co. 79,917 4,497,729
United Technologies Corp. 124,228 7,664,868
$ 31,659,914
Auto Components
— 0.8%
Johnson Controls, Inc. 212,314 $ 6,089,166
$ 6,089,166
Beverages
— 2.2%
Central European Distribution
Corp.(2) 25,371 $ 1,881,260
Coca-Cola Co. (The) 95,492 4,963,674
PepsiCo, Inc. 139,710 8,884,159
$ 15,729,093
Biotechnology
— 3.0%
BioMarin Pharmaceutical, Inc.
(2) 45,322 $ 1,313,432
Cephalon, Inc. (2) 28,128 1,875,856
Genentech, Inc. (2) 54,816 4,160,534
Genzyme Corp. (2) 99,210 7,145,104
Gilead Sciences, Inc. (2) 108,696 5,755,453
Onyx Pharmaceuticals, Inc. (2) 44,985 1,601,466
$ 21,851,845
Capital Markets
— 4.3%
Affiliated Managers Group, Inc.(2) 11,834 $ 1,065,770
Bank of New York Mellon Corp.
(The) 278,201 10,524,344
Goldman Sachs Group, Inc. 20,919 3,658,733
Invesco, Ltd. 168,614 4,043,364
Julius Baer Holding AG 32,268 2,170,255
State Street Corp. 37,610 2,406,664
T. Rowe Price Group, Inc. 134,109 7,573,135
$ 31,442,265
Chemicals
— 1.8%
E.I. Du Pont de Nemours &
Co. 64,734 $ 2,776,441
Ecolab, Inc. 68,130 2,928,909
Monsanto Co. 36,773 4,649,578
PPG Industries, Inc. 48,163 2,763,111
$ 13,118,039
Commercial
Banks — 1.3%
M&T Bank Corp. 45,712 $ 3,224,524
Toronto-Dominion Bank 43,458 2,706,130
U.S. Bancorp 114,850 3,203,167
$ 9,133,821
Commercial
Services & Supplies — 1.3%
Republic Services, Inc. 99,002 $ 2,940,359
Waste Management, Inc. 166,592 6,282,184
$ 9,222,543
Communications
Equipment — 3.3%
Cisco Systems, Inc.
(2) 435,388 $ 10,127,125
Juniper Networks, Inc.
(2) 115,182 2,554,737
QUALCOMM, Inc. 106,448 4,723,098
Research In Motion, Ltd.
(2) 47,484 5,550,880
Riverbed Technology, Inc.
(2) 99,444 1,364,372
$ 24,320,212

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| Computer
Peripherals — 3.9% — Apple, Inc. (2) | 53,386 | $ 8,938,952 |
| --- | --- | --- |
| Hewlett-Packard Co. | 177,680 | 7,855,233 |
| International Business
Machines Corp. | 94,858 | 11,243,519 |
| | | $ 28,037,704 |
| Construction &
Engineering — 0.3% | | |
| Jacobs Engineering Group, Inc.
(2) | 29,047 | $ 2,344,093 |
| | | $ 2,344,093 |
| Diversified
Financial Services — 1.2% | | |
| Citigroup, Inc. | 89,061 | $ 1,492,662 |
| IntercontinentalExchange, Inc.
(2) | 12,876 | 1,467,864 |
| JPMorgan Chase &
Co. | 177,027 | 6,073,796 |
| | | $ 9,034,322 |
| Diversified
Telecommunication Services — 3.0% | | |
| AT&T, Inc. | 332,276 | $ 11,194,378 |
| Fairpoint Communications, Inc. | 259,535 | 1,871,247 |
| Qwest Communications
International, Inc. | 485,310 | 1,907,268 |
| Verizon Communications, Inc. | 188,753 | 6,681,856 |
| | | $ 21,654,749 |
| Electric
Utilities — 2.5% | | |
| E.ON AG ADR | 110,628 | $ 7,374,463 |
| Edison International | 103,343 | 5,309,763 |
| FirstEnergy Corp. | 67,839 | 5,585,185 |
| | | $ 18,269,411 |
| Electrical
Equipment — 1.0% | | |
| Emerson Electric Co. | 141,120 | $ 6,978,384 |
| | | $ 6,978,384 |
| Electronic
Equipment & Instruments — 0.5% | | |
| Agilent Technologies, Inc.
(2) | 109,646 | $ 3,896,819 |
| | | $ 3,896,819 |
| Energy
Equipment & Services — 4.2% | | |
| Diamond Offshore Drilling, Inc. | 54,768 | $ 7,620,420 |
| NATCO Group, Inc., Class A
(2) | 48,329 | 2,635,380 |
| Schlumberger, Ltd. | 95,428 | 10,251,830 |
| Transocean, Inc. (2) | 46,199 | 7,040,266 |
| Willbros Group, Inc.
(2) | 69,550 | 3,046,986 |
| | | $ 30,594,882 |
| Food &
Staples Retailing — 2.8% | | |
| CVS Caremark Corp. | 183,831 | $ 7,274,193 |
| Safeway, Inc. | 126,206 | 3,603,181 |
| Wal-Mart Stores, Inc. | 165,488 | 9,300,426 |
| | | $ 20,177,800 |
| Food
Products — 1.7% | | |
| Campbell Soup Co. | 92,172 | $ 3,084,075 |
| H.J. Heinz Co. | 54,558 | 2,610,600 |
| Nestle SA ADR | 59,292 | 6,596,235 |
| | | $ 12,290,910 |
| Health
Care Equipment & Supplies — 3.1% | | |
| Baxter International, Inc. | 51,660 | $ 3,303,140 |
| Boston Scientific Corp. (2) | 250,502 | 3,078,670 |
| Covidien, Ltd. | 143,391 | 6,866,995 |
| Heartware, Ltd. (2) | 3,145,346 | 1,205,800 |
| Medtronic, Inc. | 73,694 | 3,813,665 |
| Thoratec Corp. (2) | 122,835 | 2,136,101 |
| Zimmer Holdings, Inc.
(2) | 35,245 | 2,398,422 |
| | | $ 22,802,793 |
| Health
Care Providers & Services — 0.5% | | |
| DaVita, Inc. (2) | 41,433 | $ 2,201,335 |
| Fresenius Medical Care AG &
Co. KGaA ADR | 29,222 | 1,603,996 |
| | | $ 3,805,331 |

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Hotels, Restaurants & Leisure — 1.5% — Marriott International, Inc., Class A 144,267 $ 3,785,566
McDonald’s Corp. 120,674 6,784,292
$ 10,569,858
Household Products — 2.1%
Colgate-Palmolive Co. 78,513 $ 5,425,248
Kimberly-Clark Corp. 60,690 3,628,048
Procter & Gamble Co. 104,116 6,331,294
$ 15,384,590
Independent Power Producers & Energy Traders —
0.4%
NRG Energy, Inc. (2) 70,810 $ 3,037,749
$ 3,037,749
Industrial Conglomerates — 2.1%
General Electric Co. 558,215 $ 14,898,758
$ 14,898,758
Insurance — 4.0%
Assurant, Inc. 17,812 $ 1,174,880
Berkshire Hathaway, Inc., Class A (2) 59 7,124,250
Chubb Corp. 75,185 3,684,817
Lincoln National Corp. 34,843 1,579,085
MetLife, Inc. 97,426 5,141,170
Travelers Companies, Inc. (The) 160,846 6,980,716
Zurich Financial Services AG 13,040 3,332,930
$ 29,017,848
Internet Software & Services — 2.8%
Akamai Technologies, Inc. (2) 107,408 $ 3,736,724
Ariba, Inc. (2) 210,930 3,102,780
Google, Inc., Class A (2) 20,790 10,944,272
Omniture, Inc. (2) 123,629 2,295,791
$ 20,079,567
IT Services — 1.3%
Accenture, Ltd., Class A 58,263 $ 2,372,469
MasterCard, Inc., Class A 19,693 5,228,885
Visa, Inc., Class A (2) 23,324 1,896,474
$ 9,497,828
Life Sciences Tools & Services — 1.0%
Thermo Fisher Scientific, Inc. (2) 135,987 $ 7,578,556
$ 7,578,556
Machinery — 2.0%
Danaher Corp. 87,544 $ 6,767,151
Eaton Corp. 36,064 3,064,358
Illinois Tool Works, Inc. 53,517 2,542,593
Titan International, Inc. 60,822 2,166,480
$ 14,540,582
Media — 2.6%
Comcast Corp., Class A 406,025 $ 7,702,294
Omnicom Group, Inc. 86,266 3,871,618
Time Warner, Inc. 499,484 7,392,363
$ 18,966,275
Metals & Mining — 1.2%
BHP Billiton, Ltd. ADR 22,053 $ 1,878,695
Centerra Gold, Inc. (2) 154,064 724,346
Freeport-McMoRan Copper & Gold, Inc., Class B 27,493 3,221,905
Nucor Corp. 36,178 2,701,411
$ 8,526,357
Multiline Retail — 0.6%
JC Penney Co., Inc. 58,328 $ 2,116,723
Nordstrom, Inc. 68,120 2,064,036
$ 4,180,759
Multi-Utilities — 1.3%
CMS Energy Corp. 219,864 $ 3,275,974
Public Service Enterprise Group, Inc. 138,874 6,378,483
$ 9,654,457
Office Electronics — 0.3%
Xerox Corp. 167,808 $ 2,275,476
$ 2,275,476

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| Oil, Gas &
Consumable Fuels — 10.8% — Anadarko Petroleum Corp. | 113,948 | $ 8,527,868 |
| --- | --- | --- |
| ConocoPhillips | 97,510 | 9,203,969 |
| Exxon Mobil Corp. | 180,200 | 15,881,026 |
| Goodrich Petroleum Corp.
(2) | 37,217 | 3,086,034 |
| Hess Corp. | 65,660 | 8,285,635 |
| Niko Resources, Ltd. | 31,187 | 3,004,502 |
| Occidental Petroleum Corp. | 95,297 | 8,563,388 |
| Patriot Coal Corp. (2) | 20,395 | 3,126,350 |
| Petrohawk Energy Corp. (2) | 87,814 | 4,066,666 |
| Range Resources Corp. | 52,669 | 3,451,926 |
| Williams Cos., Inc. | 91,614 | 3,692,960 |
| XTO Energy, Inc. | 110,607 | 7,577,686 |
| | | $ 78,468,010 |
| Personal
Products — 0.9% | | |
| Avon Products, Inc. | 83,998 | $ 3,025,608 |
| Estee Lauder Cos., Inc.,
Class A | 69,345 | 3,221,075 |
| | | $ 6,246,683 |
| Pharmaceuticals
— 4.9% | | |
| Abbott Laboratories | 170,699 | $ 9,041,926 |
| Johnson & Johnson | 192,853 | 12,408,162 |
| Merck & Co., Inc. | 194,904 | 7,345,932 |
| Shire PLC ADR | 62,885 | 3,089,540 |
| Wyeth Corp. | 71,886 | 3,447,653 |
| | | $ 35,333,213 |
| Real
Estate Investment Trusts (REITs) — 1.1% | | |
| AvalonBay Communities, Inc. | 24,072 | $ 2,146,260 |
| Boston Properties, Inc. | 25,241 | 2,277,243 |
| Public Storage, Inc. | 16,383 | 1,323,583 |
| Simon Property Group, Inc. | 28,634 | 2,573,910 |
| | | $ 8,320,996 |
| Road &
Rail — 0.3% | | |
| JB Hunt Transport Services, Inc. | 57,483 | $ 1,913,034 |
| | | $ 1,913,034 |
| Semiconductors &
Semiconductor Equipment — 1.4% | | |
| ASML Holding NV | 158,532 | $ 3,868,181 |
| Intersil Corp., Class A | 90,224 | 2,194,248 |
| KLA-Tencor Corp. | 95,596 | 3,891,713 |
| | | $ 9,954,142 |
| Software
— 2.6% | | |
| McAfee, Inc. (2) | 65,497 | $ 2,228,863 |
| Microsoft Corp. | 465,554 | 12,807,391 |
| Oracle Corp. (2) | 171,253 | 3,596,313 |
| | | $ 18,632,567 |
| Specialty
Retail — 2.0% | | |
| Best Buy Co., Inc. | 109,824 | $ 4,349,030 |
| Home Depot, Inc. | 140,501 | 3,290,533 |
| Staples, Inc. | 297,254 | 7,059,783 |
| | | $ 14,699,346 |
| Textiles,
Apparel & Luxury Goods — 0.4% | | |
| Coach, Inc. (2) | 90,707 | $ 2,619,618 |
| | | $ 2,619,618 |
| Tobacco —
1.9% | | |
| British American Tobacco
PLC | 80,338 | $ 2,768,821 |
| Philip Morris International, Inc. | 227,714 | 11,246,794 |
| | | $ 14,015,615 |
| Wireless
Telecommunication Services — 0.3% | | |
| Rogers Communications, Inc.,
Class B | 66,138 | $ 2,556,895 |
| | | $ 2,556,895 |
| Total Common Stocks (identified
cost $721,633,419) | | $ 703,422,875 |

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*Short-Term Investments — 5.6%*

Description Interest — (000’s omitted) Value
Investment in Cash
Management Portfolio, 2.28% (3) $ 40,464 $ 40,463,721
Total Short-Term Investments (identified
cost $40,463,721) $ 40,463,721
Total Investments — 102.5% (identified
cost $762,097,140) $ 743,886,596

*Covered Call Options Written — (2.0)%*

Security Number — of Contracts Strike — Price Expiration — Date Value
Abbott Laboratories 705 $ 52.50 8/16/08 $ (144,525 )
Accenture, Ltd., Class A 395 40.00 11/22/08 (142,200 )
Affiliated Managers Group, Inc. 60 105.00 9/20/08 (19,800 )
Agilent Technologies, Inc. 605 35.00 8/16/08 (127,050 )
Akamai Technologies, Inc. 770 40.00 8/16/08 (53,900 )
Alliant Techsystems, Inc. 60 115.00 8/16/08 (1,950 )
Anadarko Petroleum Corp. 690 80.00 8/16/08 (179,400 )
Apple, Inc. 410 150.00 7/19/08 (783,100 )
Ariba, Inc. 1,385 12.50 8/16/08 (363,562 )
ASML Holding NV 890 25.00 10/18/08 (189,125 )
Assurant, Inc. 125 70.00 9/20/08 (31,250 )
AT&T, Inc. 630 35.00 10/18/08 (84,420 )
AvalonBay Communities, Inc. 100 95.00 10/18/08 (50,000 )
Avon Products, Inc. 839 40.00 10/18/08 (67,120 )
Bank of New York Mellon Corp. (The) 1,085 42.50 9/20/08 (151,900 )
Baxter International, Inc. 400 62.50 8/16/08 (124,000 )
Best Buy Co., Inc. 460 45.00 9/20/08 (59,800 )
BHP Billiton, Ltd. ADR 120 85.00 11/22/08 (108,600 )
BioMarin Pharmaceutical, Inc. 125 30.00 10/18/08 (37,500 )
Boston Properties, Inc. 160 100.00 7/19/08 (5,600 )
Boston Scientific Corp. 1,485 15.00 8/16/08 (11,137 )
Campbell Soup Co. 615 35.00 8/16/08 (36,900 )
Central European Distribution Corp. 145 65.00 9/20/08 (163,850 )
Cephalon, Inc. 130 65.00 8/16/08 (49,400 )
Ceradyne, Inc. 245 40.00 9/20/08 (36,750 )
Chubb Corp. 80 50.00 7/19/08 (6,800 )
Cisco Systems, Inc. 1,415 25.00 7/19/08 (21,225 )
Citigroup, Inc. 265 22.50 9/20/08 (8,215 )
CMS Energy Corp. 1,070 15.00 9/20/08 (72,225 )
Coach, Inc. 490 37.50 8/16/08 (9,800 )
Coca-Cola Co. (The) 355 57.50 8/16/08 (10,650 )
Colgate-Palmolive Co. 465 75.00 8/16/08 (22,785 )
Comcast Corp., Class A 1,830 20.00 10/18/08 (192,150 )
ConocoPhillips 730 90.00 8/16/08 (485,450 )
Covidien, Ltd. 818 45.00 7/19/08 (269,940 )
CVS Caremark Corp. 1,030 45.00 8/16/08 (25,750 )
Danaher Corp. 625 85.00 9/20/08 (81,250 )
Diamond Offshore Drilling, Inc. 370 135.00 9/20/08 (477,300 )
E.I. Du Pont de Nemours & Co. 275 45.00 10/18/08 (48,125 )
Eaton Corp. 215 85.00 7/19/08 (77,400 )
Edison International 485 52.50 7/19/08 (29,100 )
Emerson Electric Co. 920 55.00 9/20/08 (96,600 )
Estee Lauder Cos., Inc., Class A 245 45.00 7/19/08 (57,575 )
Exxon Mobil Corp. 1,000 90.00 10/18/08 (440,000 )
Fairpoint Communications, Inc. 1,320 10.00 9/20/08 (13,200 )
FirstEnergy Corp. 445 80.00 7/19/08 (155,750 )
Freeport-McMoRan Copper & Gold, Inc.,
Class B 115 110.00 8/16/08 (159,850 )
Genentech, Inc. 270 75.00 9/20/08 (121,500 )
General Dynamics Corp. 580 95.00 8/16/08 (23,200 )
General Electric Co. 1,450 31.00 9/20/08 (36,250 )
Gilead Sciences, Inc. 595 52.50 8/16/08 (160,650 )
Goldman Sachs Group, Inc. 30 170.00 7/19/08 (28,020 )
Google, Inc., Class A 120 570.00 9/20/08 (252,000 )
Hess Corp. 175 110.00 8/16/08 (343,000 )
Hewlett-Packard Co. 850 47.50 8/16/08 (54,400 )
Home Depot, Inc. 1,405 30.00 8/16/08 (11,240 )
Illinois Tool Works, Inc. 190 50.00 9/20/08 (27,550 )
IntercontinentalExchange, Inc. 70 160.00 9/20/08 (9,100 )
International Business Machines Corp. 465 125.00 7/19/08 (46,500 )
Intersil Corp., Class A 495 25.00 7/19/08 (34,650 )

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Jacobs Engineering Group, Inc. 165 90.00 7/19/08 $ )
JB Hunt Transport Services, Inc. 574 40.00 8/16/08 (30,135 )
JC Penney Co., Inc. 365 47.50 8/16/08 (7,300 )
Johnson & Johnson 920 65.00 7/19/08 (69,000 )
Johnson Controls, Inc. 430 30.00 10/18/08 (92,450 )
JPMorgan Chase & Co. 700 42.50 9/20/08 (50,400 )
Juniper Networks, Inc. 540 28.00 10/18/08 (29,700 )
KLA-Tencor Corp. 520 42.50 9/20/08 (143,000 )
Lincoln National Corp. 110 50.00 10/18/08 (22,000 )
Lockheed Martin Corp. 265 105.00 9/20/08 (66,780 )
M&T Bank Corp. 145 75.00 10/18/08 (82,650 )
Marriott International, Inc., Class A 350 27.50 10/18/08 (68,250 )
MasterCard, Inc., Class A 150 310.00 7/19/08 (10,350 )
McAfee, Inc. 405 40.00 9/20/08 (24,300 )
McDonald’s Corp. 950 60.00 9/20/08 (118,750 )
Medtronic, Inc. 545 47.50 8/16/08 (238,710 )
Merck & Co., Inc. 650 40.00 10/18/08 (87,750 )
MetLife, Inc. 460 60.00 9/20/08 (48,300 )
Microsoft Corp. 1,750 28.00 10/18/08 (280,000 )
Monsanto Co. 200 110.00 7/19/08 (371,400 )
NATCO Group, Inc., Class A 205 55.00 10/18/08 (115,825 )
Nordstrom, Inc. 315 35.00 10/18/08 (56,070 )
NRG Energy, Inc. 210 42.50 9/20/08 (57,750 )
Nucor Corp. 190 75.00 7/19/08 (64,600 )
Occidental Petroleum Corp. 605 95.00 8/16/08 (212,960 )
Omnicom Group, Inc. 355 45.00 7/19/08 (35,500 )
Omniture, Inc. 450 22.50 9/20/08 (51,750 )
Onyx Pharmaceuticals, Inc. 155 35.00 8/16/08 (46,500 )
Oracle Corp. 1,270 22.50 9/20/08 (88,900 )
Patriot Coal Corp. 50 145.00 9/20/08 (118,000 )
PepsiCo, Inc. 600 67.50 10/18/08 (96,000 )
Petrohawk Energy Corp. 610 45.00 9/20/08 (408,700 )
Philip Morris International, Inc. 2,277 55.00 9/20/08 (102,465 )
Precision Castparts Corp. 65 105.00 9/20/08 (34,450 )
Procter & Gamble Co. 285 62.50 10/18/08 (54,150 )
Public Service Enterprise Group, Inc. 850 47.50 9/20/08 (153,000 )
QUALCOMM, Inc. 670 42.50 7/19/08 (176,880 )
Qwest Communications International, Inc. 2,720 5.00 7/19/08 (13,600 )
Range Resources Corp. 265 70.00 9/20/08 (127,200 )
Raytheon Co. 630 67.50 8/16/08 (12,600 )
Republic Services, Inc. 247 30.00 7/19/08 (11,115 )
Research In Motion, Ltd. 365 140.00 9/20/08 (133,225 )
Riverbed Technology, Inc. 365 17.50 9/20/08 (27,375 )
Rogers Communications, Inc., Class B 405 40.00 7/19/08 (30,375 )
Safeway, Inc. 690 35.00 9/20/08 (24,150 )
Schlumberger, Ltd. 575 105.00 8/16/08 (437,000 )
Shire PLC ADR 200 50.00 10/18/08 (70,000 )
Simon Property Group, Inc. 286 105.00 7/19/08 (3,432 )
Staples, Inc. 2,190 25.00 9/20/08 (295,650 )
State Street Corp. 180 75.00 8/16/08 (13,500 )
T. Rowe Price Group, Inc. 755 55.00 7/19/08 (279,350 )
Thermo Fisher Scientific, Inc. 1,359 60.00 12/20/08 (312,570 )
Time Warner, Inc. 2,845 15.00 10/18/08 (253,205 )
Titan International, Inc. 395 40.00 7/19/08 (20,738 )
Toronto-Dominion Bank 285 65.00 7/19/08 (14,250 )
Transocean, Inc. 220 155.00 8/16/08 (171,600 )
Travelers Companies, Inc. (The) 660 45.00 10/18/08 (181,500 )
United Technologies Corp. 825 75.00 8/16/08 (12,375 )
U.S. Bancorp 595 32.50 9/20/08 (35,700 )
Verizon Communications, Inc. 325 35.00 10/18/08 (73,125 )
Visa, Inc., Class A 125 85.00 9/20/08 (68,750 )
Wal-Mart Stores, Inc. 1,654 60.00 9/20/08 (198,480 )
Waste Management, Inc. 885 37.50 10/18/08 (212,400 )
Willbros Group, Inc. 579 50.00 9/20/08 (130,275 )
Williams Cos., Inc. 700 37.50 8/16/08 (266,000 )
Wyeth Corp. 435 45.00 10/18/08 (226,200 )
Xerox Corp. 1,385 14.00 10/18/08 (103,875 )
XTO Energy, Inc. 989 75.00 8/16/08 (182,965 )
Zimmer Holdings, Inc. 130 75.00 9/20/08 (20,150 )
Total Covered Call Options Written (premiums received $19,037,947) $ (14,615,269 )
Other Assets, Less Liabilities — (0.5)% $ (3,692,013 )
Net Assets — 100.0% $ 725,579,314

6

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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 June 30, 2008. Net income allocated from the Investment in
Cash Management Portfolio for the fiscal year to date ended June 30, 2008 was
$1,075,404.

The cost and unrealized appreciation (depreciation) of investments of the Fund at June 30, 2008, as determined on a federal income tax basis, were as follows:

Aggregate cost $
Gross unrealized appreciation $ 33,296,570
Gross unrealized depreciation (51,493,838 )
Net unrealized depreciation $ (18,197,268 )

Written call options activity for the fiscal year to date ended June 30, 2008 was as follows:

Outstanding, beginning of period Number of Contracts — 110,709 Premiums Received — $ 25,984,835
Options written 300,822 67,538,944
Options terminated in closing purchase
transactions (314,244 ) (68,593,416 )
Options expired (19,775 ) (5,892,416 )
Outstanding, end of period 77,512 $ 19,037,947

At June 30, 2008, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

7

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*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.

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*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

By: /s/ Duncan W. Richardson
Duncan W. Richardson
President
Date: August 27, 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/ Duncan W. Richardson
Duncan W. Richardson
President
Date: August 27, 2008
By: /s/ Barbara E. Campbell
Barbara E. Campbell
Treasurer
Date: August 27, 2008

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