Regulatory Filings • Feb 27, 2009
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Download Source FileN-Q 1 b73621a1nvq.htm EATON VANCE ENHANCED EQUITY INCOME FUND Eaton Vance Enhanced Equity Income Fund PAGEBREAK
Table of Contents
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
811-21614 Investment Company Act File Number
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)
Maureen A. Gemma Eaton Vance Management, 255 State Street, Boston, Massachusetts 02109 (Name and Address of Agent for Services)
(617) 482-8260 (Registrants Telephone Number, Including Area Code)
September 30 Date of Fiscal Year End
December 31, 2008 Date of Reporting Period
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TABLE OF CONTENTS
| Item 2. Controls and Procedures |
| Signatures |
| EX-99.CERT Section 302 Certifications |
/TOC
Table of Contents
link2 "Item 1. Schedule of Investments"
Item 1. Schedule of Investments
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Eaton Vance Enhanced Equity Income Fund as of December 31, 2008
PORTFOLIO OF INVESTMENTS (Unaudited)
Common Stocks (1) 97.3%
| Security | Value | |
|---|---|---|
| Aerospace & Defense 4.2% | ||
| Alliant Techsystems, Inc. (2) | 15,266 | $ 1,309,212 |
| Boeing Co. (The) | 48,599 | 2,073,719 |
| General Dynamics Corp. | 82,801 | 4,768,510 |
| Lockheed Martin Corp. | 63,794 | 5,363,800 |
| Precision Castparts Corp. | 28,186 | 1,676,503 |
| Raytheon Co. | 81,034 | 4,135,975 |
| United Technologies Corp. | 43,549 | 2,334,226 |
| $ 21,661,945 | ||
| Auto Components 0.5% | ||
| Johnson Controls, Inc. | 155,634 | $ 2,826,313 |
| $ 2,826,313 | ||
| Beverages 2.3% | ||
| Coca-Cola Co. (The) | 96,827 | $ 4,383,358 |
| PepsiCo, Inc. | 141,663 | 7,758,883 |
| $ 12,142,241 | ||
| Biotechnology 2.7% | ||
| Amgen, Inc. (2) | 56,962 | $ 3,289,556 |
| Biogen Idec, Inc. (2) | 49,726 | 2,368,449 |
| Cephalon, Inc. (2) | 30,549 | 2,353,495 |
| Genzyme Corp. (2) | 48,482 | 3,217,750 |
| Gilead Sciences, Inc. (2) | 38,143 | 1,950,633 |
| Onyx Pharmaceuticals, Inc. (2) | 29,897 | 1,021,282 |
| $ 14,201,165 | ||
| Capital Markets 3.3% | ||
| Bank of New York Mellon Corp. (The) | 282,090 | $ 7,991,610 |
| Goldman Sachs Group, Inc. | 34,098 | 2,877,530 |
| Julius Baer Holding AG | 43,363 | 1,680,634 |
| T. Rowe Price Group, Inc. | 135,983 | 4,819,238 |
| $ 17,369,012 | ||
| Chemicals 1.3% | ||
| E.I. Du Pont de Nemours & Co. | 65,639 | $ 1,660,667 |
| Ecolab, Inc. | 69,082 | 2,428,232 |
| Monsanto Co. | 37,287 | 2,623,140 |
| $ 6,712,039 | ||
| Commercial Banks 1.1% | ||
| East-West Bancorp, Inc. | 121,116 | $ 1,934,223 |
| Wells Fargo & Co. | 134,834 | 3,974,906 |
| $ 5,909,129 | ||
| Commercial Services & Supplies 1.1% | ||
| Waste Management, Inc. | 168,921 | $ 5,598,042 |
| $ 5,598,042 | ||
| Communications Equipment 3.3% | ||
| Cisco Systems, Inc. (2) | 487,426 | $ 7,945,044 |
| Juniper Networks, Inc. (2) | 116,792 | 2,045,028 |
| Motorola, Inc. | 291,252 | 1,290,246 |
| QUALCOMM, Inc. | 107,936 | 3,867,347 |
| Riverbed Technology, Inc. (2) | 197,865 | 2,253,682 |
| $ 17,401,347 |
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| Security | Value | |
|---|---|---|
| Computers & Peripherals 4.0% | ||
| Apple, Inc. (2) | 56,018 | $ 4,781,136 |
| Hewlett-Packard Co. | 206,099 | 7,479,333 |
| International Business Machines Corp. | 102,175 | 8,599,048 |
| $ 20,859,517 | ||
| Construction & Engineering 0.4% | ||
| Granite Construction, Inc. | 47,230 | $ 2,074,814 |
| $ 2,074,814 | ||
| Consumer Finance 0.4% | ||
| Discover Financial Services | 197,543 | $ 1,882,585 |
| $ 1,882,585 | ||
| Diversified Financial Services 3.0% | ||
| Bank of America Corp. | 345,080 | $ 4,858,726 |
| Citigroup, Inc. | 267,484 | 1,794,818 |
| JPMorgan Chase & Co. | 278,629 | 8,785,172 |
| $ 15,438,716 | ||
| Diversified Telecommunication Services 3.1% | ||
| AT&T, Inc. | 336,921 | $ 9,602,249 |
| Verizon Communications, Inc. | 191,391 | 6,488,155 |
| $ 16,090,404 | ||
| Electric Utilities 2.2% | ||
| E.ON AG ADR | 112,174 | $ 4,571,091 |
| Edison International | 104,787 | 3,365,758 |
| FirstEnergy Corp. | 68,787 | 3,341,672 |
| $ 11,278,521 | ||
| Electrical Equipment 1.7% | ||
| Cooper Industries, Ltd., Class A | 56,705 | $ 1,657,487 |
| Emerson Electric Co. | 143,092 | 5,238,598 |
| Vestas Wind Systems A/S (2) | 32,942 | 1,938,531 |
| $ 8,834,616 | ||
| Electronic Equipment, Instruments & Components 0.6% | ||
| Agilent Technologies, Inc. (2) | 111,178 | $ 1,737,712 |
| IPG Photonics Corp. (2) | 105,128 | 1,385,587 |
| $ 3,123,299 | ||
| Energy Equipment & Services 1.4% | ||
| Diamond Offshore Drilling, Inc. | 55,533 | $ 3,273,115 |
| Schlumberger, Ltd. | 96,762 | 4,095,935 |
| $ 7,369,050 | ||
| Food & Staples Retailing 4.1% | ||
| CVS Caremark Corp. | 186,401 | $ 5,357,165 |
| Kroger Co. (The) | 57,145 | 1,509,199 |
| Safeway, Inc. | 127,970 | 3,041,847 |
| Sysco Corp. | 83,247 | 1,909,686 |
| Wal-Mart Stores, Inc. | 167,801 | 9,406,924 |
| $ 21,224,821 | ||
| Food Products 1.7% | ||
| Cadbury PLC ADR | 77,479 | $ 2,763,676 |
| Nestle SA ADR | 150,302 | 5,966,989 |
| $ 8,730,665 | ||
| Health Care Equipment & Supplies 3.0% | ||
| Baxter International, Inc. | 67,085 | $ 3,595,085 |
| Becton, Dickinson & Co. | 27,427 | 1,875,733 |
| Boston Scientific Corp. (2) | 254,004 | 1,965,991 |
| HeartWare, Ltd. (2) | 3,145,346 | 1,315,761 |
| Medtronic, Inc. | 88,252 | 2,772,878 |
| Thoratec Corp. (2) | 124,552 | 4,046,694 |
| $ 15,572,142 |
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| Security | Value | |
|---|---|---|
| Health Care Providers & Services 1.5% | ||
| Aetna, Inc. | 69,465 | $ 1,979,753 |
| DaVita, Inc. (2) | 42,012 | 2,082,535 |
| Fresenius Medical Care AG & Co. KGaA ADR | 29,630 | 1,397,943 |
| UnitedHealth Group, Inc. | 82,366 | 2,190,936 |
| $ 7,651,167 | ||
| Hotels, Restaurants & Leisure 2.1% | ||
| McDonalds Corp. | 179,692 | $ 11,175,045 |
| $ 11,175,045 | ||
| Household Durables 2.2% | ||
| Centex Corp. | 143,187 | $ 1,523,510 |
| D.R. Horton, Inc. | 238,940 | 1,689,306 |
| KB HOME | 107,914 | 1,469,789 |
| Lennar Corp., Class A | 183,735 | 1,592,982 |
| NVR, Inc. (2) | 2,876 | 1,312,175 |
| Pulte Homes, Inc. | 155,851 | 1,703,451 |
| Ryland Group, Inc. | 30,019 | 530,436 |
| Toll Brothers, Inc. (2) | 77,847 | 1,668,261 |
| $ 11,489,910 | ||
| Household Products 2.6% | ||
| Clorox Co. | 27,075 | $ 1,504,287 |
| Colgate-Palmolive Co. | 79,610 | 5,456,469 |
| Procter & Gamble Co. | 105,571 | 6,526,399 |
| $ 13,487,155 | ||
| Independent Power Producers & Energy Traders 0.3% | ||
| NRG Energy, Inc. (2) | 71,799 | $ 1,675,071 |
| $ 1,675,071 | ||
| Industrial Conglomerates 1.6% | ||
| 3M Co. | 41,145 | $ 2,367,483 |
| General Electric Co. | 354,408 | 5,741,410 |
| $ 8,108,893 | ||
| Insurance 4.1% | ||
| ACE, Ltd. | 41,803 | $ 2,212,215 |
| Aflac, Inc. | 59,234 | 2,715,287 |
| Chubb Corp. | 120,769 | 6,159,219 |
| HCC Insurance Holdings, Inc. | 75,335 | 2,015,211 |
| MetLife, Inc. | 78,797 | 2,746,863 |
| Travelers Companies, Inc. (The) | 121,823 | 5,506,400 |
| $ 21,355,195 | ||
| Internet Software & Services 1.2% | ||
| Akamai Technologies, Inc. (2) | 108,909 | $ 1,643,437 |
| Google, Inc., Class A (2) | 14,646 | 4,505,842 |
| $ 6,149,279 | ||
| IT Services 1.5% | ||
| Accenture, Ltd., Class A | 58,263 | $ 1,910,444 |
| Cognizant Technology Solutions Corp. (2) | 87,813 | 1,585,903 |
| MasterCard, Inc., Class A | 22,625 | 3,233,791 |
| Visa, Inc., Class A | 23,650 | 1,240,443 |
| $ 7,970,581 | ||
| Life Sciences Tools & Services 0.9% | ||
| Thermo Fisher Scientific, Inc. (2) | 137,888 | $ 4,697,844 |
| $ 4,697,844 | ||
| Machinery 1.3% | ||
| Danaher Corp. | 88,767 | $ 5,025,100 |
| Illinois Tool Works, Inc. | 54,265 | 1,901,988 |
| $ 6,927,088 | ||
| Media 3.1% | ||
| Comcast Corp., Class A | 652,999 | $ 11,022,623 |
| Time Warner, Inc. | 506,467 | 5,095,058 |
| $ 16,117,681 | ||
| Metals & Mining 2.4% | ||
| BHP Billiton, Ltd. ADR | 22,361 | $ 959,287 |
| Goldcorp, Inc. | 306,224 | 9,655,243 |
| Nucor Corp. | 36,683 | 1,694,755 |
| $ 12,309,285 | ||
| Multi-Utilities 0.8% | ||
| Public Service Enterprise Group, Inc. | 140,815 | $ 4,107,574 |
| $ 4,107,574 |
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| Security | Value | |
|---|---|---|
| Oil, Gas & Consumable Fuels 9.4% | ||
| Anadarko Petroleum Corp. | 115,541 | $ 4,454,106 |
| Chevron Corp. | 137,917 | 10,201,721 |
| ConocoPhillips | 98,873 | 5,121,621 |
| Exxon Mobil Corp. | 182,719 | 14,586,458 |
| Hess Corp. | 66,577 | 3,571,190 |
| Occidental Petroleum Corp. | 96,629 | 5,796,774 |
| Petrohawk Energy Corp. (2) | 75,807 | 1,184,863 |
| XTO Energy, Inc. | 123,381 | 4,351,648 |
| $ 49,268,381 | ||
| Personal Products 0.5% | ||
| Chattem, Inc. (2) | 38,827 | $ 2,777,295 |
| $ 2,777,295 | ||
| Pharmaceuticals 6.9% | ||
| Abbott Laboratories | 121,879 | $ 6,504,682 |
| Johnson & Johnson | 195,549 | 11,699,697 |
| Merck & Co., Inc. | 197,628 | 6,007,891 |
| Novo-Nordisk A/S, Class B | 33,518 | 1,728,989 |
| Pfizer, Inc. | 314,275 | 5,565,810 |
| Roche Holding AG | 13,101 | 2,028,259 |
| Schering-Plough Corp. | 155,212 | 2,643,260 |
| Shire PLC ADR | 898 | 40,212 |
| $ 36,218,800 | ||
| Real Estate Investment Trusts (REITs) 0.6% | ||
| AvalonBay Communities, Inc. | 28,770 | $ 1,742,887 |
| Boston Properties, Inc. | 25,593 | 1,407,615 |
| $ 3,150,502 | ||
| Road & Rail 0.3% | ||
| JB Hunt Transport Services, Inc. | 58,286 | $ 1,531,173 |
| $ 1,531,173 | ||
| Semiconductors & Semiconductor Equipment 0.7% | ||
| ASML Holding NV | 195,879 | $ 3,539,534 |
| $ 3,539,534 | ||
| Software 3.3% | ||
| McAfee, Inc. (2) | 66,412 | $ 2,295,863 |
| Microsoft Corp. | 492,038 | 9,565,219 |
| Oracle Corp. (2) | 288,514 | 5,115,353 |
| $ 16,976,435 | ||
| Specialty Retail 2.3% | ||
| Best Buy Co., Inc. | 111,359 | $ 3,130,302 |
| Home Depot, Inc. | 142,465 | 3,279,544 |
| Staples, Inc. | 301,409 | 5,401,249 |
| $ 11,811,095 | ||
| Tobacco 1.9% | ||
| Philip Morris International, Inc. | 230,897 | $ 10,046,328 |
| $ 10,046,328 | ||
| Wireless Telecommunication Services 0.4% | ||
| Rogers Communications, Inc., Class B | 67,062 | $ 2,017,225 |
| $ 2,017,225 | ||
| Total Common Stocks (identified cost $645,740,710) | $ 506,858,919 |
Investment Funds (1) 0.4%
| Security | Value | |
|---|---|---|
| Capital Markets 0.4% | ||
| SPDR S&P Homebuilders ETF | 180,024 | $ 2,154,887 |
| Total Investment Funds (identified cost $2,502,262) | $ 2,154,887 |
Short-Term Investments 4.0%
| Description | Interest — (000's omitted) | Value |
|---|---|---|
| Cash Management Portfolio, 0.75% (3) | 20,966 | $ 20,965,837 |
| Total Short-Term Investments (identified cost $20,965,837) | $ 20,965,837 | |
| Total Investments 101.7% (identified cost $669,208,809) | $ 529,979,643 |
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Covered Call Options Written (1.8)%
| Security | Number — of Contracts | Strike — Price | Expiration — Date | Value | |
|---|---|---|---|---|---|
| 3M Co. | 230 | $ 65.00 | 4/18/09 | $ (37,950 | ) |
| Abbott Laboratories | 805 | 60.00 | 1/17/09 | (8,050 | ) |
| Accenture, Ltd., Class A | 370 | 35.00 | 2/21/09 | (37,370 | ) |
| ACE, Ltd. | 230 | 50.00 | 2/21/09 | (138,000 | ) |
| Aetna, Inc. | 325 | 35.00 | 1/17/09 | (3,250 | ) |
| Aflac, Inc. | 390 | 45.00 | 2/21/09 | (167,700 | ) |
| Agilent Technologies, Inc. | 155 | 22.50 | 2/21/09 | (387 | ) |
| Akamai Technologies, Inc. | 70 | 15.00 | 2/21/09 | (11,200 | ) |
| Alliant Techsystems, Inc. | 50 | 85.00 | 2/21/09 | (25,500 | ) |
| Amgen, Inc. | 170 | 52.50 | 1/17/09 | (100,300 | ) |
| Anadarko Petroleum Corp. | 300 | 35.00 | 2/21/09 | (165,000 | ) |
| Apple, Inc. | 105 | 155.00 | 1/17/09 | (315 | ) |
| ASML Holding NV | 515 | 17.50 | 1/17/09 | (73,130 | ) |
| AT&T, Inc. | 535 | 29.00 | 1/17/09 | (24,610 | ) |
| AvalonBay Communities, Inc. | 90 | 65.00 | 4/18/09 | (81,000 | ) |
| Bank of America Corp. | 975 | 25.00 | 2/21/09 | (975 | ) |
| Bank of New York Mellon Corp. (The) | 665 | 27.50 | 3/21/09 | (289,275 | ) |
| Baxter International, Inc. | 300 | 65.00 | 1/17/09 | (1,500 | ) |
| Becton, Dickinson & Co. | 70 | 65.00 | 3/21/09 | (42,700 | ) |
| Best Buy Co., Inc. | 125 | 22.50 | 3/21/09 | (85,000 | ) |
| BHP Billiton, Ltd. ADR | 25 | 40.00 | 2/21/09 | (15,500 | ) |
| Biogen Idec, Inc. | 305 | 50.00 | 1/17/09 | (24,400 | ) |
| Boeing Co. (The) | 260 | 45.00 | 2/21/09 | (45,500 | ) |
| Boston Properties, Inc. | 75 | 70.00 | 1/17/09 | (2,438 | ) |
| Boston Scientific Corp. | 1,100 | 10.00 | 2/21/09 | (19,800 | ) |
| Centex Corp. | 225 | 12.50 | 1/17/09 | (6,750 | ) |
| Cephalon, Inc. | 170 | 70.00 | 1/17/09 | (135,830 | ) |
| Chattem, Inc. | 150 | 65.00 | 3/21/09 | (145,500 | ) |
| Chevron Corp. | 755 | 80.00 | 3/21/09 | (234,050 | ) |
| Chubb Corp. | 495 | 45.00 | 1/17/09 | (321,750 | ) |
| Cisco Systems, Inc. | 1,245 | 20.00 | 1/17/09 | (2,490 | ) |
| Citigroup, Inc. | 1,065 | 9.00 | 3/21/09 | (50,055 | ) |
| Clorox Co. | 180 | 65.00 | 1/17/09 | (900 | ) |
| Coca-Cola Co. (The) | 215 | 47.50 | 2/21/09 | (27,950 | ) |
| Cognizant Technology Solutions Corp. | 225 | 17.50 | 1/17/09 | (30,375 | ) |
| Colgate-Palmolive Co. | 275 | 65.00 | 2/21/09 | (143,000 | ) |
| ConocoPhillips | 185 | 55.00 | 2/21/09 | (45,325 | ) |
| Cooper Industries, Ltd., Class A | 75 | 22.50 | 4/18/09 | (59,625 | ) |
| CVS Caremark Corp. | 655 | 30.00 | 2/21/09 | (96,285 | ) |
| D.R. Horton, Inc. | 580 | 7.50 | 1/17/09 | (23,200 | ) |
| Danaher Corp. | 160 | 60.00 | 3/21/09 | (42,400 | ) |
| DaVita, Inc. | 290 | 55.00 | 1/17/09 | (21,750 | ) |
| Diamond Offshore Drilling, Inc. | 200 | 75.00 | 3/21/09 | (42,500 | ) |
| Discover Financial Services | 940 | 10.00 | 4/18/09 | (150,400 | ) |
| E.I. Du Pont de Nemours & Co. | 155 | 35.00 | 1/17/09 | (775 | ) |
| East-West Bancorp, Inc. | 575 | 17.50 | 4/18/09 | (89,125 | ) |
| Ecolab, Inc. | 445 | 45.00 | 1/17/09 | (6,675 | ) |
| Edison International | 155 | 45.00 | 1/17/09 | (775 | ) |
| Emerson Electric Co. | 240 | 35.00 | 3/21/09 | (98,400 | ) |
| Exxon Mobil Corp. | 475 | 80.00 | 1/17/09 | (113,050 | ) |
| FirstEnergy Corp. | 195 | 70.00 | 1/17/09 | (975 | ) |
| General Dynamics Corp. | 175 | 60.00 | 2/21/09 | (35,000 | ) |
| General Electric Co. | 165 | 16.00 | 3/21/09 | (27,225 | ) |
| Gilead Sciences, Inc. | 195 | 45.00 | 2/21/09 | (155,805 | ) |
| Goldman Sachs Group, Inc. | 90 | 140.00 | 1/17/09 | (270 | ) |
| Google, Inc., Class A | 15 | 280.00 | 3/21/09 | (68,775 | ) |
| Granite Construction, Inc. | 295 | 40.00 | 3/21/09 | (233,050 | ) |
| HCC Insurance Holdings, Inc. | 270 | 25.00 | 2/21/09 | (89,100 | ) |
| Hess Corp. | 115 | 55.00 | 2/21/09 | (69,000 | ) |
| Hewlett-Packard Co. | 740 | 37.50 | 2/21/09 | (133,200 | ) |
| Home Depot, Inc. | 645 | 22.50 | 2/21/09 | (143,190 | ) |
| Illinois Tool Works, Inc. | 95 | 35.00 | 3/21/09 | (27,075 | ) |
| International Business Machines Corp. | 155 | 95.00 | 1/17/09 | (2,170 | ) |
| IPG Photonics Corp. | 505 | 15.00 | 1/17/09 | (12,625 | ) |
| JB Hunt Transport Services, Inc. | 180 | 25.00 | 2/21/09 | (54,000 | ) |
| Johnson & Johnson | 1,260 | 65.00 | 1/17/09 | (12,600 | ) |
| JPMorgan Chase & Co. | 535 | 31.00 | 3/21/09 | (189,925 | ) |
| Juniper Networks, Inc. | 325 | 22.50 | 1/17/09 | (1,625 | ) |
| KB Home | 270 | 15.00 | 4/18/09 | (62,100 | ) |
| Kroger Co. (The) | 425 | 30.00 | 1/17/09 | (1,700 | ) |
| Lennar Corp., Class A | 640 | 10.00 | 2/21/09 | (54,400 | ) |
| Lockheed Martin Corp. | 125 | 75.00 | 3/21/09 | (150,000 | ) |
| MasterCard, Inc., Class A | 55 | 185.00 | 1/17/09 | (275 | ) |
| McAfee, Inc. | 315 | 30.00 | 3/21/09 | (185,850 | ) |
| McDonalds Corp. | 1,772 | 65.00 | 1/17/09 | (70,880 | ) |
| Medtronic, Inc. | 510 | 55.00 | 1/17/09 | (2,550 | ) |
| Merck & Co., Inc. | 375 | 35.00 | 1/17/09 | (3,375 | ) |
| MetLife, Inc. | 180 | 35.00 | 3/21/09 | (102,600 | ) |
| Microsoft Corp. | 1,070 | 25.00 | 1/17/09 | (1,070 | ) |
| Monsanto Co. | 155 | 85.00 | 1/17/09 | (3,720 | ) |
| Motorola, Inc. | 1,175 | 5.00 | 1/17/09 | (9,400 | ) |
| NRG Energy, Inc. | 170 | 22.50 | 3/21/09 | (61,200 | ) |
| Nucor Corp. | 65 | 42.50 | 1/17/09 | (31,200 | ) |
| Occidental Petroleum Corp. | 475 | 55.00 | 2/21/09 | (422,750 | ) |
| Onyx Pharmaceuticals, Inc. | 90 | 30.00 | 2/21/09 | (54,900 | ) |
| Oracle Corp. | 895 | 16.00 | 3/21/09 | (241,650 | ) |
| PepsiCo, Inc. | 365 | 55.00 | 1/17/09 | (45,625 | ) |
| Petrohawk Energy Corp. | 450 | 17.50 | 3/21/09 | (94,500 | ) |
| Pfizer, Inc. | 2,050 | 17.50 | 3/21/09 | (260,350 | ) |
| Philip Morris International, Inc. | 1,215 | 45.00 | 3/21/09 | (243,000 | ) |
| Precision Castparts Corp. | 45 | 60.00 | 3/21/09 | (27,000 | ) |
| Procter & Gamble Co. | 455 | 62.50 | 1/17/09 | (50,050 | ) |
| Public Service Enterprise Group, Inc. | 410 | 35.00 | 3/21/09 | (16,400 | ) |
| Pulte Homes, Inc. | 520 | 12.50 | 4/18/09 | (83,200 | ) |
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| Security | Number — of Contracts | Strike — Price | Expiration — Date | Value | |
|---|---|---|---|---|---|
| QUALCOMM, Inc. | 665 | $ 40.00 | 1/17/09 | $ (12,635 | ) |
| Raytheon Co. | 250 | 50.00 | 2/21/09 | (82,500 | ) |
| Rogers Communications, Inc., Class B | 415 | 35.00 | 1/17/09 | (16,600 | ) |
| Ryland Group, Inc. | 245 | 17.50 | 1/17/09 | (36,750 | ) |
| Safeway, Inc. | 290 | 22.50 | 3/21/09 | (76,850 | ) |
| Schering-Plough Corp. | 435 | 15.00 | 2/21/09 | (107,880 | ) |
| Schlumberger, Ltd. | 180 | 55.00 | 2/21/09 | (8,100 | ) |
| SPDR S&P Homebuilders ETF | 380 | 11.00 | 3/21/09 | (76,000 | ) |
| Staples, Inc. | 1,460 | 17.50 | 3/21/09 | (332,150 | ) |
| Sysco Corp. | 325 | 27.50 | 1/17/09 | (1,625 | ) |
| T.Rowe Price Group, Inc. | 540 | 45.00 | 1/17/09 | (5,400 | ) |
| Thermo Fisher Scientific, Inc. | 205 | 35.00 | 3/21/09 | (47,150 | ) |
| Toll Brothers, Inc. | 225 | 22.50 | 3/21/09 | (52,875 | ) |
| Travelers Companies, Inc. (The) | 500 | 35.00 | 1/17/09 | (527,500 | ) |
| United Technologies Corp. | 125 | 55.00 | 2/21/09 | (32,250 | ) |
| UnitedHealth Group, Inc. | 415 | 27.50 | 1/17/09 | (32,785 | ) |
| Verizon Communications, Inc. | 355 | 32.50 | 1/17/09 | (62,125 | ) |
| Visa, Inc., Class A | 100 | 52.50 | 3/21/09 | (46,000 | ) |
| Wal-Mart Stores, Inc. | 1,185 | 55.00 | 3/21/09 | (509,550 | ) |
| Waste Management, Inc. | 590 | 32.50 | 1/17/09 | (73,750 | ) |
| Wells Fargo & Co. | 885 | 27.50 | 1/17/09 | (309,750 | ) |
| XTO Energy, Inc. | 200 | 35.00 | 2/21/09 | (76,400 | ) |
| Total Covered Call Options Written (premiums received $15,912,606) | $ (9,351,765 | ) | |||
| Other Assets, Less Liabilities 0.1% | $ 548,565 | ||||
| Net Assets 100.0% | $ 521,176,443 |
| ADR | American Depository Receipt |
|---|---|
| (1) | A |
| portion of each security 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 December 31, 2008. | |
| Net income allocated from the investment in Cash Management Portfolio | |
| for the fiscal year to date ended December 31, 2008 was | |
| $113,394. |
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The cost and unrealized appreciation (depreciation) of investments of the Fund at December 31, 2008, as determined on a federal income tax basis, were as follows:
| Aggregate cost | $ | |
|---|---|---|
| Gross unrealized appreciation | $ 10,225,235 | |
| Gross unrealized depreciation | (149,626,676 | ) |
| Net unrealized depreciation | $ (139,401,441 | ) |
Written call options activity for the fiscal year to date ended December 31, 2008 was as follows:
| Contracts | Received | |||
|---|---|---|---|---|
| Outstanding, beginning | ||||
| of period | 71,566 | $ | 16,431,873 | |
| Options written | 55,980 | 16,808,790 | ||
| Options terminated in closing | ||||
| purchase transactions | (67,499 | ) | (16,481,510 | ) |
| Options expired | (11,480 | ) | (846,547 | ) |
| Outstanding, end of period | 48,567 | $ | 15,912,606 |
At December 31, 2008, the Fund had sufficient cash and/or securities to cover commitments under these contracts.
The Fund adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157 (FAS 157), Fair Value Measurements, effective October 1, 2008. FAS 157 established a three-tier hierarchy to prioritize the assumptions, referred to as inputs, used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.
Level 1 quoted prices in active markets for identical investments
Level 2 other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)
Level 3 significant unobservable inputs (including a funds own assumptions in determining the fair value of investments)
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
At December 31, 2008, the inputs used in valuing the Funds investments, which are carried at value, were as follows:
| Valuation Inputs | Investments — in Securities | Other Financial — Instruments * | ||
|---|---|---|---|---|
| Level 1 | Quoted Prices | $ 501,637,394 | $ (9,351,765 | ) |
| Level 2 | Other Significant Observable Inputs | 28,342,249 | | |
| Level 3 | Significant Unobservable Inputs | | | |
| Total | $ 529,979,643 | $ (9,351,765 | ) |
The Fund held no investments or other financial instruments as of September 30, 2008 whose fair value was determined using Level 3 inputs.
For information on the Funds policy regarding valuation of investments and other significant accounting policies, please refer to the Funds most recent financial statements included in its semiannual or annual report to shareholders.
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link2 "Item 2. Controls and Procedures"
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.
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link1 "Signatures"
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: | February 25, 2009 |
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: | February 25, 2009 |
| By: | /s/ Barbara E. Campbell |
| Barbara E. Campbell | |
| Treasurer | |
| Date: | February 25, 2009 |
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