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, |
|
02109 |
|
(Address of Principal Executive Offices) |
|
(Zip code) |
|
Alan R. Dynner, Esq. |
||
|
(Name and Address of Agent for Service) |
||
|
Registrant’s Telephone Number, Including Area Code: |
|
(617) 482-8260 |
|
Date of Fiscal Year End: |
|
December 31 |
|
Date of Reporting Period: |
|
September 30, 2006 |
Item 1. Schedule of Investments
Eaton Vance Enhanced Equity Income Fund II as of September 30, 2006
PORTFOLIO OF INVESTMENTS (Unaudited)
Common Stocks — 102.1% (1)
|
Security |
|
Shares |
|
Value |
|
|
Aerospace & Defense — 7.0% |
|
|
|
|
|
|
Alliant Techsystems, Inc. (2) |
|
84,700 |
|
$ 6,865,782 |
|
|
Boeing Company |
|
134,300 |
|
10,589,555 |
|
|
General Dynamics Corp. |
|
260,600 |
|
18,677,202 |
|
|
L-3 Communications Holdings, Inc. |
|
116,000 |
|
9,086,280 |
|
|
Rockwell Collins, Inc. |
|
178,900 |
|
9,810,876 |
|
|
United Technologies Corp. |
|
130,100 |
|
8,241,835 |
|
|
|
|
|
|
$ 63,271,530 |
|
|
Air Freight & Logistics — 0.7% |
|
|
|
|
|
|
C.H. Robinson Worldwide, Inc. |
|
153,800 |
|
6,856,404 |
|
|
|
|
|
|
$ 6,856,404 |
|
|
Auto Components — 1.0% |
|
|
|
|
|
|
BorgWarner, Inc. |
|
156,000 |
|
8,918,520 |
|
|
|
|
|
|
$ 8,918,520 |
|
|
Biotechnology — 1.3% |
|
|
|
|
|
|
Amgen, Inc. (2) |
|
160,000 |
|
11,437,647 |
|
|
|
|
|
|
$ 11,437,647 |
|
|
Capital Markets — 5.4% |
|
|
|
|
|
|
Affiliated Managers Group, Inc. (2) |
|
110,000 |
|
11,012,100 |
|
|
Charles Schwab Corp. (The) |
|
640,000 |
|
11,456,000 |
|
|
E*Trade Financial Corp. (2) |
|
426,000 |
|
10,189,920 |
|
|
Mellon Financial Corp. |
|
200,000 |
|
7,820,000 |
|
|
UBS AG |
|
140,200 |
|
8,315,262 |
|
|
|
|
|
|
$ 48,793,282 |
|
|
Commercial Services & Supplies — 1.6% |
|
|
|
|
|
|
Cintas Corp. |
|
208,600 |
|
8,517,138 |
|
|
Equifax, Inc. |
|
177,200 |
|
6,505,012 |
|
|
|
|
|
|
$ 15,022,150 |
|
|
Communications Equipment — 4.9% |
|
|
|
|
|
|
Cisco Systems, Inc. (2) |
|
444,600 |
|
10,225,800 |
|
|
Harris Corp. |
|
124,000 |
|
5,516,760 |
|
|
QUALCOMM, Inc. |
|
200,000 |
|
7,270,000 |
|
|
Research in Motion, Ltd. (2) |
|
123,000 |
|
12,627,180 |
|
|
Tellabs, Inc. (2) |
|
844,800 |
|
9,259,008 |
|
|
|
|
|
|
$ 44,898,748 |
|
|
Computer Peripherals — 6.4% |
|
|
|
|
|
|
Apple Computer, Inc. (2) |
|
186,400 |
|
14,358,392 |
|
|
EMC Corp. (2) |
|
503,000 |
|
6,025,940 |
|
|
Hewlett-Packard Co. |
|
197,300 |
|
7,238,937 |
|
|
NCR Corp. (2) |
|
253,200 |
|
9,996,336 |
|
1
|
Network Appliance, Inc. (2) |
|
310,000 |
|
$ 11,473,100 |
|
|
Seagate Technology (2) |
|
370,000 |
|
8,543,300 |
|
|
|
|
|
|
$ 57,636,005 |
|
|
Construction & Engineering — 0.4% |
|
|
|
|
|
|
Foster Wheeler, Ltd. (2) |
|
93,000 |
|
3,588,870 |
|
|
|
|
|
|
$ 3,588,870 |
|
|
Consumer Finance — 0.7% |
|
|
|
|
|
|
American Express Co. |
|
106,500 |
|
5,972,520 |
|
|
|
|
|
|
$ 5,972,520 |
|
|
Diversified Consumer Services — 0.7% |
|
|
|
|
|
|
ServiceMaster Co. |
|
567,000 |
|
6,356,070 |
|
|
|
|
|
|
$ 6,356,070 |
|
|
Diversified Financial Services — 0.7% |
|
|
|
|
|
|
Citigroup, Inc. |
|
136,500 |
|
6,779,955 |
|
|
|
|
|
|
$ 6,779,955 |
|
|
Diversified Telecommunication Services — 1.1% |
|
|
|
|
|
|
CenturyTel, Inc. |
|
244,300 |
|
9,691,381 |
|
|
|
|
|
|
$ 9,691,381 |
|
|
Electrical Equipment — 0.7% |
|
|
|
|
|
|
Emerson Electric Co. |
|
80,000 |
|
6,708,800 |
|
|
|
|
|
|
$ 6,708,800 |
|
|
Electronic Equipment & Instruments — 0.8% |
|
|
|
|
|
|
Agilent Technologies, Inc. (2) |
|
227,000 |
|
7,420,630 |
|
|
|
|
|
|
$ 7,420,630 |
|
|
Energy Equipment & Services — 3.5% |
|
|
|
|
|
|
Diamond Offshore Drilling, Inc. |
|
120,000 |
|
8,684,400 |
|
|
Halliburton Co. |
|
253,000 |
|
7,197,850 |
|
|
Noble Corp. |
|
146,000 |
|
9,370,280 |
|
|
Schlumberger, Ltd. |
|
110,000 |
|
6,823,300 |
|
|
|
|
|
|
$ 32,075,830 |
|
|
Food & Staples Retailing — 2.0% |
|
|
|
|
|
|
BJ’s Wholesale Club, Inc. (2) |
|
365,200 |
|
10,656,536 |
|
|
Safeway, Inc. |
|
245,500 |
|
7,450,925 |
|
|
|
|
|
|
$ 18,107,461 |
|
|
Food Products — 3.7% |
|
|
|
|
|
|
Kellogg Co. |
|
118,700 |
|
5,878,024 |
|
|
Nestle SA ADR |
|
109,700 |
|
9,535,706 |
|
|
Smithfield Foods, Inc. (2) |
|
355,300 |
|
9,600,206 |
|
|
William Wrigley Jr. Co. |
|
195,000 |
|
8,981,700 |
|
|
|
|
|
|
$ 33,995,636 |
|
2
|
Health Care Equipment & Supplies — 3.8% |
|
|
|
|
|
|
Baxter International, Inc. |
|
230,800 |
|
$ 10,492,168 |
|
|
DENTSPLY International, Inc. |
|
286,600 |
|
8,629,526 |
|
|
Edwards Lifesciences Corp. (2) |
|
202,400 |
|
9,429,816 |
|
|
Thoratec Corp. (2) |
|
386,200 |
|
6,028,582 |
|
|
|
|
|
|
$ 34,580,092 |
|
|
Health Care Providers & Services — 5.3% |
|
|
|
|
|
|
Caremark Rx, Inc. |
|
182,400 |
|
10,336,608 |
|
|
DaVita, Inc. (2) |
|
225,500 |
|
13,049,685 |
|
|
Express Scripts, Inc. (2) |
|
128,200 |
|
9,677,818 |
|
|
Henry Schein, Inc. (2) |
|
158,200 |
|
7,932,148 |
|
|
WellPoint, Inc. (2) |
|
95,100 |
|
7,327,455 |
|
|
|
|
|
|
$ 48,323,714 |
|
|
Hotels, Restaurants & Leisure — 3.0% |
|
|
|
|
|
|
Harrah’s Entertainment, Inc. |
|
142,500 |
|
9,466,275 |
|
|
Marriott International, Inc., Class A |
|
180,000 |
|
6,955,200 |
|
|
Starwood Hotels & Resorts Worldwide, Inc. |
|
83,300 |
|
4,763,927 |
|
|
Tim Hortons, Inc. |
|
227,400 |
|
5,980,620 |
|
|
|
|
|
|
$ 27,166,022 |
|
|
Household Products — 2.1% |
|
|
|
|
|
|
Colgate-Palmolive Co. |
|
147,800 |
|
9,178,380 |
|
|
Procter & Gamble Co. |
|
159,200 |
|
9,867,216 |
|
|
|
|
|
|
$ 19,045,596 |
|
|
Industrial Conglomerates — 1.2% |
|
|
|
|
|
|
Tyco International, Ltd. |
|
375,600 |
|
10,513,044 |
|
|
|
|
|
|
$ 10,513,044 |
|
|
Insurance — 2.6% |
|
|
|
|
|
|
AON Corp. |
|
250,500 |
|
8,484,435 |
|
|
St. Paul Travelers Companies, Inc. |
|
215,000 |
|
10,081,350 |
|
|
Willis Group Holdings, Ltd. |
|
130,000 |
|
4,940,000 |
|
|
|
|
|
|
$ 23,505,785 |
|
|
Internet Software & Services — 1.0% |
|
|
|
|
|
|
Google, Inc., Class A (2) |
|
22,000 |
|
8,841,800 |
|
|
|
|
|
|
$ 8,841,800 |
|
|
IT Services — 1.9% |
|
|
|
|
|
|
CheckFree Corp. (2) |
|
239,900 |
|
9,912,668 |
|
|
Paychex, Inc. |
|
196,100 |
|
7,226,285 |
|
|
|
|
|
|
$ 17,138,953 |
|
|
Life Sciences Tools & Services — 1.3% |
|
|
|
|
|
|
Fisher Scientific International, Inc. (2) |
|
68,500 |
|
5,359,440 |
|
|
Millipore Corp. (2) |
|
108,000 |
|
6,620,400 |
|
|
|
|
|
|
$ 11,979,840 |
|
3
|
Machinery — 2.3% |
|
|
|
|
|
|
Deere & Co. |
|
83,000 |
|
$ 6,964,530 |
|
|
Parker Hannifin Corp. |
|
119,000 |
|
9,249,870 |
|
|
Trinity Industries, Inc. |
|
141,000 |
|
4,535,970 |
|
|
|
|
|
|
$ 20,750,370 |
|
|
Media — 4.5% |
|
|
|
|
|
|
Comcast Corp., Class A (2) |
|
263,700 |
|
9,717,345 |
|
|
McGraw-Hill Companies, Inc., (The) |
|
200,000 |
|
11,606,000 |
|
|
NTL, Inc. |
|
305,300 |
|
7,763,779 |
|
|
Time Warner, Inc. |
|
644,400 |
|
11,747,412 |
|
|
|
|
|
|
$ 40,834,536 |
|
|
Metals & Mining — 0.9% |
|
|
|
|
|
|
Alcoa, Inc. |
|
279,700 |
|
7,842,788 |
|
|
|
|
|
|
$ 7,842,788 |
|
|
Multiline Retail — 3.6% |
|
|
|
|
|
|
Federated Department Stores, Inc. |
|
290,000 |
|
12,530,900 |
|
|
Nordstrom, Inc. |
|
214,300 |
|
9,064,890 |
|
|
Saks, Inc. |
|
616,500 |
|
10,653,120 |
|
|
|
|
|
|
$ 32,248,910 |
|
|
Personal Products — 1.0% |
|
|
|
|
|
|
Alberto-Culver Co. |
|
179,600 |
|
9,085,964 |
|
|
|
|
|
|
$ 9,085,964 |
|
|
Pharmaceuticals — 6.2% |
|
|
|
|
|
|
Abbott Laboratories |
|
117,000 |
|
5,681,520 |
|
|
Eli Lilly & Co. |
|
174,200 |
|
9,929,400 |
|
|
Endo Pharmaceuticals Holdings, Inc. (2) |
|
290,700 |
|
9,462,285 |
|
|
Johnson & Johnson |
|
181,800 |
|
11,806,092 |
|
|
Novartis AG ADR |
|
161,000 |
|
9,408,840 |
|
|
Wyeth |
|
196,200 |
|
9,974,808 |
|
|
|
|
|
|
$ 56,262,945 |
|
|
Semiconductors & Semiconductor Equipment — 11.9% |
|
|
|
|
|
|
Analog Devices, Inc. |
|
335,000 |
|
9,845,650 |
|
|
Atheros Communications, Inc. (2) |
|
665,000 |
|
12,056,450 |
|
|
Cypress Semiconductor Corp. (2) |
|
601,000 |
|
10,679,770 |
|
|
Intersil Corp., Class A |
|
327,600 |
|
8,042,580 |
|
|
Linear Technology Corp. |
|
273,100 |
|
8,498,872 |
|
|
Maxim Integrated Products, Inc. |
|
113,700 |
|
3,191,559 |
|
|
MEMC Electronic Materials, Inc. (2) |
|
250,000 |
|
9,157,500 |
|
|
Microchip Technology, Inc. |
|
278,800 |
|
9,038,696 |
|
4
|
Micron Technology, Inc. (2) |
|
612,500 |
|
$ 10,657,500 |
|
|
Teradyne, Inc. (2) |
|
1,014,800 |
|
13,354,768 |
|
|
Texas Instruments, Inc. |
|
417,000 |
|
13,865,250 |
|
|
|
|
|
|
$ 108,388,595 |
|
|
Software — 1.7% |
|
|
|
|
|
|
Oracle Corp. (2) |
|
850,161 |
|
15,081,856 |
|
|
|
|
|
|
$ 15,081,856 |
|
|
Specialty Retail — 1.1% |
|
|
|
|
|
|
Staples, Inc. |
|
425,000 |
|
10,340,250 |
|
|
|
|
|
|
$ 10,340,250 |
|
|
Textiles, Apparel & Luxury Goods — 2.6% |
|
|
|
|
|
|
Liz Claiborne, Inc. |
|
291,400 |
|
11,513,214 |
|
|
NIKE, Inc., Class B |
|
134,000 |
|
11,741,080 |
|
|
|
|
|
|
$ 23,254,294 |
|
|
Tobacco — 0.9% |
|
|
|
|
|
|
Altria Group, Inc. |
|
107,100 |
|
8,198,505 |
|
|
|
|
|
|
$ 8,198,505 |
|
|
Trading Companies & Distributors — 0.6% |
|
|
|
|
|
|
United Rentals, Inc. (2) |
|
220,000 |
|
5,115,000 |
|
|
|
|
|
|
$ 5,115,000 |
|
|
Total Common Stocks |
|
|
|
$ 926,030,298 |
|
Short-Term Investments — 2.2%
|
Security |
|
Principal |
|
Value |
|
|
Investors Bank and Trust Company Time Deposit, 5.37%, 10/2/06 |
|
$ 1,500 |
|
$ 1,500,000 |
|
|
Societe Generale Time Deposit, 5.35%, 10/2/06 |
|
18,024 |
|
18,024,000 |
|
|
Total Short-Term Investments |
|
|
|
$ 19,524,000 |
|
|
Total
Investments — 104.3% |
|
|
|
$ 945,554,298 |
|
5
COVERED CALL OPTIONS WRITTEN — (4.3)%
|
|
|
Number of |
|
Premium |
|
Value |
|
||
|
Afiliated Managers Group, Inc., Expires 12/16/06, Strike 95.00 |
|
470 |
|
$ |
212,532 |
|
$ |
(387,750 |
) |
|
Agilent Technologies, Inc., Expires 11/18/06, Strike 32.50 |
|
890 |
|
90,777 |
|
(155,750 |
) |
||
|
Alberto-Culver Co., Expires 12/16/06, Strike 50.00 |
|
825 |
|
150,145 |
|
(173,250 |
) |
||
|
Alcoa, Inc., Expires 10/21/06, Strike 30.00 |
|
857 |
|
88,345 |
|
(21,425 |
) |
||
|
Alcoa, Inc., Expires 10/21/06, Strike 30.00 |
|
1,940 |
|
348,219 |
|
(48,500 |
) |
||
|
Alliant Technologies, Inc., Expires 01/20/07, Strike 85.00 |
|
847 |
|
178,855 |
|
(186,340 |
) |
||
|
Altria Group, Inc., Expires 12/16/06, Strike 85.00 |
|
675 |
|
126,221 |
|
(27,000 |
) |
||
|
American Express Co., Expires 01/20/07, Strike 52.50 |
|
760 |
|
189,614 |
|
(372,400 |
) |
||
|
Amgen, Inc., Expires 10/21/06, Strike 65.00 |
|
495 |
|
233,413 |
|
(345,800 |
) |
||
|
Analog Devices, Inc., Expires 12/16/06, Strike 30.00 |
|
1,750 |
|
283,491 |
|
(249,375 |
) |
||
|
AON Corp., Expires 10/21/06, Strike 35.00 |
|
2,505 |
|
331,805 |
|
(75,150 |
) |
||
|
Apple Computer, Inc., Expires 10/21/06, Strike 57.50 |
|
705 |
|
420,872 |
|
(1,402,950 |
) |
||
|
Apple Computer, Inc., Expires 10/21/06, Strike 75.00 |
|
1,159 |
|
286,264 |
|
(521,550 |
) |
||
|
Atheros Communications, Inc., Expires 12/16/06, Strike 17.50 |
|
3,230 |
|
668,589 |
|
(775,200 |
) |
||
|
Baxter International, Inc., Expires 11/18/06, Strike 40.00 |
|
1,520 |
|
231,033 |
|
(881,600 |
) |
||
|
Baxter International, Inc., Expires 11/18/06, Strike 42.50 |
|
788 |
|
265,548 |
|
(275,800 |
) |
||
|
BJ’s Wholesale Club, Inc., Expires 12/16/06, Strike 30.00 |
|
3,652 |
|
354,233 |
|
(639,100 |
) |
||
|
Boeing Company, Expires 11/18/06, Strike 80.00 |
|
650 |
|
271,042 |
|
(156,000 |
) |
||
|
Borgwarner, Inc., Expires 10/21/06, Strike 60.00 |
|
975 |
|
255,871 |
|
(29,250 |
) |
||
|
Caremark Rx, Inc., Expires 12/16/06, Strike 60.00 |
|
1,200 |
|
174,139 |
|
(195,600 |
) |
||
|
CenturyTel, Inc., Expires 10/21/06, Strike 40.00 |
|
2,443 |
|
249,673 |
|
(146,580 |
) |
||
|
Charles Schwab Corp. (The), Expires 12/16/06, Strike 15.00 |
|
3,710 |
|
536,078 |
|
(1,168,650 |
) |
||
|
CheckFree Corp., Expires 11/18/06, Strike 40.00 |
|
1,870 |
|
463,403 |
|
(635,800 |
) |
||
|
Cintas Corp., Expires 11/18/06, Strike 35.00 |
|
340 |
|
77,178 |
|
(207,400 |
) |
||
6
|
Cisco Systems, Inc., Expires 10/21/06, Strike 20.00 |
|
1,480 |
|
$ |
162,055 |
|
$ |
(458,800 |
) |
|
Cisco Systems, Inc., Expires 10/21/06, Strike 22.5.0 |
|
2,966 |
|
176,471 |
|
(237,280 |
) |
||
|
Citigroup, Inc., Expires 12/16/06, Strike 50.00 |
|
1,365 |
|
152,875 |
|
(163,800 |
) |
||
|
Colgate-Palmolive Co., Expires 11/18/06, Strike 60.00 |
|
1,478 |
|
383,749 |
|
(428,620 |
) |
||
|
Comcast Corp., Class A, Expires 10/21/06, Strike 32.50 |
|
1,075 |
|
146,056 |
|
(494,500 |
) |
||
|
Comcast Corp., Expires 10/21/06, Strike 35.00 |
|
1,562 |
|
171,159 |
|
(351,450 |
) |
||
|
Cypress Semiconductor Corp., Expires 12/16/06, Strike 15.00 |
|
2,420 |
|
331,530 |
|
(726,000 |
) |
||
|
Davita, Inc., Expires 10/21/06, Strike 50.00 |
|
1,355 |
|
341,449 |
|
(1,097,550 |
) |
||
|
Davita, Inc., Expires 10/21/06, Strike 55.00 |
|
900 |
|
330,290 |
|
(315,000 |
) |
||
|
Deere & Co., Expires 12/16/06, Strike 75.00 |
|
315 |
|
158,131 |
|
(348,075 |
) |
||
|
DENTSPLY International, Inc., Expires 10/21/06, Strike 30.00 |
|
945 |
|
174,366 |
|
(85,050 |
) |
||
|
DENTSPLY International, Inc., Expires 10/21/06, Strike 32.50 |
|
1,921 |
|
208,825 |
|
(19,210 |
) |
||
|
Diamond Offshore Drilling, Inc., Expires 12/16/06, Strike 75.00 |
|
765 |
|
471,990 |
|
(313,650 |
) |
||
|
E*Trade Financial Corp., Expires 10/21/06, Strike 25.00 |
|
2,265 |
|
190,194 |
|
(90,600 |
) |
||
|
Edwards Lifesciences Corp., Expires 11/18/06, Strike 45.00 |
|
2,024 |
|
491,033 |
|
(541,420 |
) |
||
|
Eli Lilly & Co., Expires 10/21/06, Strike 55.00 |
|
1,742 |
|
295,965 |
|
(435,500 |
) |
||
|
EMC Corp., Expires 10/21/06, Strike 12.00 |
|
1,065 |
|
94,250 |
|
(31,950 |
) |
||
|
Emerson Electric Co., Expires 12/16/06, Strike 85.00 |
|
490 |
|
103,877 |
|
(129,850 |
) |
||
|
Endo Pharaceuticals Holdings, Inc., Expires 10/21/06, Stirke 30.00 |
|
1,570 |
|
324,980 |
|
(431,750 |
) |
||
|
Equifax, Inc. Expires 10/21/06, Strike 30.00 |
|
295 |
|
100,893 |
|
(200,600 |
) |
||
|
Express Scripts, Inc., Expires 11/18/06, Strike 75.00 |
|
560 |
|
255,912 |
|
(240,800 |
) |
||
|
Express Scripts, Inc., Expires 11/18/06, Strike 80.00 |
|
345 |
|
154,210 |
|
(72,450 |
) |
||
|
Federated Department Stores, Inc., Expires 11/18/06, Strike 42.50 |
|
1,745 |
|
378,653 |
|
(418,800 |
) |
||
|
Federated Department Stores, Inc., Expires 11/18/06, Strike 35.00 |
|
1,155 |
|
273,727 |
|
(993,300 |
) |
||
|
Fisher Scientific International, Inc., Expires 12/16/06, Strike 80.00 |
|
475 |
|
137,689 |
|
(140,125 |
) |
||
7
|
Foster Wheeler, Ltd., Expires 01/20/07, Strike 40.00 |
|
455 |
|
$ |
121,481 |
|
$ |
(145,600 |
) |
|
General Dynamics Corp., Expires 1/20/07, Strike 70.00 |
|
2,606 |
|
1,112,728 |
|
(1,198,760 |
) |
||
|
Google, Inc., Expires 12/16/06, Strike 400.00 |
|
65 |
|
115,631 |
|
(176,150 |
) |
||
|
Halliburton Co., Expires 10/21/06, Strike 32.50 |
|
1,580 |
|
240,927 |
|
(7,900 |
) |
||
|
Halliburton Co., Expires 10/21/06, Strike 35.00 |
|
950 |
|
57,948 |
|
(4,750 |
) |
||
|
Harrah’s Entertainment, Inc., Expires 11/18/06, Strike 75.00 |
|
665 |
|
317,195 |
|
(49,875 |
) |
||
|
Harris Corp., Expires 11/18/06, Strike 40.00 |
|
445 |
|
130,363 |
|
(235,850 |
) |
||
|
Harris Corp., Expires 11/18/06, Strike 45.00 |
|
795 |
|
218,396 |
|
(186,825 |
) |
||
|
Henry Schein, Inc., Expires 10/21/06, Strike 50.00 |
|
1,582 |
|
185,908 |
|
(213,570 |
) |
||
|
Hewlett-Packard Co., Expires 11/18/06, Strike 35.00 |
|
1,973 |
|
428,981 |
|
(591,900 |
) |
||
|
Intersil Corp., Class A, Expires 10/21/06, Strike 25.00 |
|
1,565 |
|
261,347 |
|
(179,975 |
) |
||
|
Johnson & Johnson, Expires 10/21/06, Strike 60.00 |
|
850 |
|
256,964 |
|
(423,300 |
) |
||
|
Johnson & Johnson, Expires 10/21/06, Strike 65.00 |
|
968 |
|
92,925 |
|
(82,280 |
) |
||
|
L-3 Communications Holdings, Inc., Expires 10/21/06, Strike 80.00 |
|
795 |
|
170,809 |
|
(71,550 |
) |
||
|
Linear Technology Corp., Expires 11/18/06, Strike 35.00 |
|
1,305 |
|
270,127 |
|
(39,150 |
) |
||
|
Liz Claiborne, Inc., Expires 10/21/06, Strike 40.00 |
|
2,160 |
|
231,113 |
|
(145,800 |
) |
||
|
Marriot International, Inc., Class A, Expires 10/21/06, Strike 37.50 |
|
1,230 |
|
248,698 |
|
(239,850 |
) |
||
|
Maxim Integrated Products, Inc., Expires 11/18/06, Strike 30.00 |
|
315 |
|
63,628 |
|
(33,075 |
) |
||
|
McGraw-Hill Companies, Inc., Expires 11/18/06, Strike 55.00 |
|
2,000 |
|
568,362 |
|
(800,000 |
) |
||
|
Mellon Financial Corp., Expires 12/16/06, Strike 35.00 |
|
825 |
|
92,397 |
|
(371,250 |
) |
||
|
MEMC Electronic Materials, Inc., Expires 10/21/06, Strike 40.00 |
|
2,500 |
|
657,730 |
|
(175,000 |
) |
||
|
Microchip Technology, Inc., Expires 10/21/06, Strike 35.00 |
|
2,788 |
|
409,823 |
|
(83,640 |
) |
||
|
Micron Technology, Inc., Expires 10/21/06, Strike 16.00 |
|
2,985 |
|
264,164 |
|
(507,450 |
) |
||
|
Micron Technology, Inc., Expires 10/21/06, Strike 17.00 |
|
3,140 |
|
351,669 |
|
(304,580 |
) |
||
8
|
Millipore Corp., Expires 10/21/06, Strike 65.00 |
|
480 |
|
$ |
123,356 |
|
$ |
(18,000 |
) |
|
NCR Corp., Expires 01/20/07, Strike 40.00 |
|
2,532 |
|
211,415 |
|
(614,010 |
) |
||
|
Network Appliance, Inc., Expires 12/16/06, Strike 35.00 |
|
3,100 |
|
672,679 |
|
(1,271,000 |
) |
||
|
NIKE, Inc., Expires 10/21/06, Strike 85.00 |
|
865 |
|
152,643 |
|
(311,400 |
) |
||
|
Noble Corp., Expires 12/16/06, Strike 70.00 |
|
1,135 |
|
452,113 |
|
(238,350 |
) |
||
|
Nordstrom, Inc., Expires 10/21/06, Strike 35.00 |
|
790 |
|
147,725 |
|
(608,300 |
) |
||
|
Nordstrom, Inc., Expires 10/21/06, Strike 40.00 |
|
1,353 |
|
103,542 |
|
(358,545 |
) |
||
|
Novartis AG ADR, Expires 10/21/06, Strike 55.00 |
|
800 |
|
149,595 |
|
(300,000 |
) |
||
|
NTL, Inc., Expires 12/16/06, Strike 25.00 |
|
1,145 |
|
156,860 |
|
(251,900 |
) |
||
|
Oracle Corp., Expires 12/16/06, Strike 13.00 |
|
4,560 |
|
647,500 |
|
(2,234,400 |
) |
||
|
Parker Hannifin Corp., Expires 11/18/06, Strike 80.00 |
|
1,190 |
|
186,674 |
|
(226,100 |
) |
||
|
Paychex, Inc., Expires 12/16/06, Strike 35.00 |
|
415 |
|
69,303 |
|
(107,900 |
) |
||
|
Procter & Gamble Co., Expires 10/21/06, Strike 55.00 |
|
710 |
|
193,114 |
|
(511,200 |
) |
||
|
QUALCOMM, Inc., Expires 01/20/07, Strike 40 |
|
760 |
|
183,914 |
|
(129,200 |
) |
||
|
Research in Motion, Ltd., Expires 12/16/06. Strike 65.00 |
|
340 |
|
211,473 |
|
(1,329,400 |
) |
||
|
Rockwell Collins, Inc., Expires 10/21/06, Strike 55.00 |
|
1,789 |
|
232,263 |
|
(178,900 |
) |
||
|
Saks, Inc., Expires 11/18/06, Strike 16.00 |
|
3,060 |
|
335,212 |
|
(474,300 |
) |
||
|
Schlumberger, Ltd., Expires 11/18/06, Strike 60.00 |
|
110 |
|
39,269 |
|
(49,500 |
) |
||
|
Schlumberger, Ltd., Expires 11/18/06, Strike 67.50 |
|
950 |
|
411,366 |
|
(104,500 |
) |
||
|
Seagate Technology, Expires 1/20/07, Strike 22.50 |
|
1,315 |
|
173,575 |
|
(309,025 |
) |
||
|
Smithfield Foods, Inc., Expires 10/21/06, Strike 30.00 |
|
1,470 |
|
164,635 |
|
(22,050 |
) |
||
|
St. Paul Travelers Companies, Inc., Expires 10/21/06, Strike 45.00 |
|
1,045 |
|
164,060 |
|
(219,450 |
) |
||
|
Staples, Inc., Expires 12/16/06, Strike 22.50 |
|
1,792 |
|
227,577 |
|
(456,960 |
) |
||
|
Starwood Hotels & Resorts Worldwide, Inc., Expires 11/18/06, Strike 60.00 |
|
833 |
|
294,152 |
|
(133,280 |
) |
||
|
Tellabs, Inc., Expires 12/16/06, Strike 10.00 |
|
3,350 |
|
241,192 |
|
(527,625 |
) |
||
|
Teradyne, Inc., Expires 10/21/06, Strike 15.00 |
|
6,550 |
|
457,778 |
|
(131,000 |
) |
||
|
Texas Instruments, Inc., Expires 10/21/06, Strike 30.00 |
|
2,195 |
|
337,120 |
|
(752,885 |
) |
||
9
|
Texas Instruments, Inc., Expires 10/21/06, Strike 32.50 |
|
1,975 |
|
$ |
221,193 |
|
$ |
(276,500 |
) |
|
Thoratic Corp., Expires 10/21/06, Strike 15.00 |
|
1,750 |
|
133,796 |
|
(170,625 |
) |
||
|
Tim Hortons, Inc., Expires 10/21/06, Strike 25.00 |
|
720 |
|
73,438 |
|
(133,200 |
) |
||
|
Time Warner, Inc., Expires 10/21/06, Strike 17.00 |
|
2,330 |
|
212,023 |
|
(314,550 |
) |
||
|
Trinity Industries, Inc., Expires 1/20/07, Strike 35.00 |
|
870 |
|
220,483 |
|
(147,900 |
) |
||
|
Tyco International, Ltd., Expires 10/21/06, Strike 27.50 |
|
1,520 |
|
172,180 |
|
(106,400 |
) |
||
|
UBS AG, Expires 12/16/06, Strike 55.00 |
|
400 |
|
96,797 |
|
(216,000 |
) |
||
|
United Rentals, Inc., Expires 12/16/06, Strike 30.00 |
|
1,070 |
|
253,582 |
|
(26,750 |
) |
||
|
United Technologies Corp., Expires 11/18/06, Strike 65.00 |
|
1,301 |
|
204,883 |
|
(149,615 |
) |
||
|
Wellpoint, Inc., Expires 12/16/06, Strike 80.00 |
|
655 |
|
145,405 |
|
(117,900 |
) |
||
|
Willis Group Holdings, Ltd., Expires 1/20/07, Strike 40.00 |
|
1,300 |
|
49,178 |
|
(143,000 |
) |
||
|
William Wrigley Jr. Co., Expires 12/16/06, Strike 45.00 |
|
380 |
|
116,656 |
|
(83,600 |
) |
||
|
Wyeth, Expires 10/21/06, Strike 45.00 |
|
603 |
|
135,369 |
|
(363,006 |
) |
||
|
Wyeth, Expires 10/21/06, Strike 50.00 |
|
1,359 |
|
131,466 |
|
(231,030 |
) |
||
|
Total Call Options Written |
|
|
|
$ |
28,273,537 |
|
$ |
(38,461,686 |
) |
|
Other Assets, Less Liabilities—(0.0)% |
|
|
|
|
|
$ |
(550,548 |
) |
|
|
Net Assets—100.0% |
|
|
|
|
|
$ |
906,542,064 |
|
|
|
ADR |
— |
American Depository Receipt |
|
(1) |
|
A portion of each common stock holding has been segregated as collateral for outstanding options written. |
|
(2) |
|
Non-income producing security. |
The cost and unrealized appreciation (depreciation) in value of the investments owned at September 30, 2006, as computed on a federal income tax basis, were as follows:
|
Aggregate cost |
|
$ |
921,898,334 |
|
|
Gross unrealized appreciation |
|
$ |
55,241,542 |
|
|
Gross unrealized depreciation |
|
(31,585,578 |
) |
|
|
Net unrealized appreciation |
|
$ |
23,655,964 |
|
10
Written call option activity for the period ended September 30, 2006 was as follows:
|
|
|
Number of |
|
Premiums |
|
|
|
Outstanding,
beginning |
|
153,418 |
|
$ |
27,804,153 |
|
|
Options written |
|
416,170 |
|
77,755,347 |
|
|
|
Options
terminated in closing |
|
(291,363 |
) |
(54,157,162 |
) |
|
|
Options exercised |
|
(103,875 |
) |
(21,837,532 |
) |
|
|
Options expired |
|
(12,408 |
) |
(1,291,269 |
) |
|
|
Outstanding, end of period |
|
161,942 |
|
$ |
28,273,537 |
|
At September 30, 2006, the Fund had sufficient cash and/or securities to cover commitments under these contracts.
11
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.
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 22, 2006 |
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 22, 2006 |
|
By: |
|
/s/ Barbara E. Campbell |
|
|
|
Barbara E. Campbell |
|
|
|
Treasurer and Principal Financial Officer |
|
Date: |
|
November 22, 2006 |