Edgar Filing: Eaton Vance Short Duration Diversified Income Fund

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		811-21563


Eaton Vance Short Duration Diversified 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:		October 31

Date of Reporting Period:		January 31, 2008

Item 1. Schedule of Investments

Eaton Vance Short Duration Diversified Income Fund		as of January 31, 2008

PORTFOLIO OF INVESTMENTS (Unaudited)

Senior Floating-Rate Interests — 69.2% (1)

Principal Amount*				Borrower/Tranche Description	Value
Aerospace and Defense — 1.7%
				ACTS Aero Technical Support & Service, Inc.
	187,773			Term Loan, 7.31%, Maturing October 5, 2014	$	172,752
				DAE Aviation Holdings, Inc.
133,811				Term Loan, 7.75%, Maturing July 31, 2009	133,728
114,409				Term Loan, 6.99%, Maturing July 31, 2014	114,051
151,115				Term Loan, 7.93%, Maturing July 31, 2014	150,642
				Evergreen International Aviation
265,772				Term Loan, 6.81%, Maturing October 31, 2011	252,483
				Hawker Beechcraft Acquisition
44,041				Term Loan, 6.83%, Maturing March 26, 2014	40,635
1,308,537				Term Loan, 6.83%, Maturing March 26, 2014	1,207,329
				Hexcel Corp.
388,666				Term Loan, 6.46%, Maturing March 1, 2012	382,836
				Spirit AeroSystems, Inc.
1,553,841				Term Loan, 5.68%, Maturing December 31, 2011	1,544,130
				TransDigm, Inc.
975,000				Term Loan, 6.86%, Maturing June 23, 2013	939,656
				Vought Aircraft Industries, Inc.
181,818				Term Loan, 7.10%, Maturing December 17, 2011	172,121
795,080				Term Loan, 7.34%, Maturing December 17, 2011	752,676
					$	5,863,039
Air Transport — 0.4%
				Delta Air Lines, Inc.
	348,250			Term Loan, 8.08%, Maturing April 30, 2014	$	317,053
				Northwest Airlines, Inc.
1,094,000				DIP Loan, 5.99%, Maturing August 21, 2008	1,002,834
					$	1,319,887
Automotive — 4.0%
				Accuride Corp.
	535,682			Term Loan, 7.56%, Maturing January 31, 2012	$		516,598
				Adesa, Inc.
920,375				Term Loan, 7.08%, Maturing October 18, 2013	808,122
				Affina Group, Inc.
845,732				Term Loan, 6.24%, Maturing November 30, 2011	826,703
				Allison Transmission, Inc.
822,938				Term Loan, 7.43%, Maturing September 30, 2014	723,744
				ATU AFM Auto Holding GmbH & Co.
EUR			750,000	Term Loan, 7.57%, Maturing August 20, 2013	973,032
				AxleTech International Holding, Inc.
425,000				Term Loan, 11.23%, Maturing April 21, 2013	418,625
				Chrysler Financial
500,000				Term Loan, Maturing August 1, 2014 (2)	450,000
				CSA Acquisition Corp.
223,443				Term Loan, 7.38%, Maturing December 23, 2011	212,643
558,434				Term Loan, 7.38%, Maturing December 23, 2011	531,443
				Dayco Europe S.R.I.
EUR		401,632		Term Loan, 8.55%, Maturing June 21, 2010	584,250
				Dayco Products, LLC
496,519				Term Loan, 9.27%, Maturing June 21, 2011	413,352
				Delphi Corp.
1,000,000				DIP Loan, 6.88%, Maturing July 1, 2008	989,000
				Ford Motor Co.
495,000				Term Loan, 8.00%, Maturing December 15, 2013	434,700
				General Motors Corp.
1,415,725				Term Loan, 7.06%, Maturing November 29, 2013	1,299,105

				Goodyear Tire & Rubber Co.
	675,000			Term Loan, 6.43%, Maturing April 30, 2010	$	618,469
				HLI Operating Co., Inc.
EUR			27,273	Term Loan, 6.94%, Maturing May 30, 2014	39,370
EUR			1,323,636	Term Loan, 7.59%, Maturing May 30, 2014	1,891,184
				Keystone Automotive Operations, Inc.
247,500				Term Loan, 7.44%, Maturing January 12, 2012		217,387
				LKQ Corp.
250,000				Term Loan, 6.57%, Maturing October 12, 2014	247,812
				TriMas Corp.
1,070,313				Term Loan, 5.39%, Maturing August 2, 2011	1,052,920
300,879				Term Loan, 5.49%, Maturing August 2, 2013	295,990
				United Components, Inc.
333,333				Term Loan, 6.86%, Maturing June 30, 2010		318,750
					$	13,863,199
Beverage and Tobacco — 0.3%
				Culligan International Co.
EUR		300,000		Term Loan, 9.32%, Maturing May 31, 2013	$	262,066
				Liberator Midco, Ltd.
EUR		250,000		Term Loan, 7.02%, Maturing October 27, 2013	351,951
EUR		250,000		Term Loan, 7.39%, Maturing October 27, 2014	353,802
					$	967,819
Building and Development — 2.5%
				Building Materials Corp. of America
	396,015			Term Loan, 6.69%, Maturing February 22, 2014	$	321,338
				Capital Automotive REIT
395,362				Term Loan, 6.39%, Maturing December 16, 2010	378,918
				Epco/Fantome, LLC
460,000				Term Loan, 5.90%, Maturing November 23, 2010	457,700
				Hovstone Holdings, LLC
172,249				Term Loan, 5.80%, Maturing February 28, 2009 (3)	153,043
				LNR Property Corp.
800,000				Term Loan, 7.63%, Maturing July 3, 2011	740,000
				Mueller Water Products, Inc.
1,201,128				Term Loan, Maturing May 24, 2014 (2)	1,139,570
305,284				Term Loan, 5.14%, Maturing May 24, 2014	287,756
				Nortek, Inc.
972,362				Term Loan, 5.53%, Maturing August 27, 2011	899,435
				Panolam Industries Holdings, Inc.
155,749				Term Loan, 7.59%, Maturing September 30, 2012	136,281
				PLY GEM Industries, Inc.
526,213				Term Loan, 7.58%, Maturing August 15, 2011	466,224
16,459				Term Loan, 7.58%, Maturing August 15, 2011	14,583
				Realogy Corp.
258,549				Term Loan, 7.76%, Maturing September 1, 2014	217,989
960,326				Term Loan, 7.51%, Maturing September 1, 2014	809,675
				Stile Acquisition Corp.
301,373				Term Loan, 5.65%, Maturing April 6, 2013	260,927
				Stile U.S. Acquisition Corp.
301,887				Term Loan, 5.65%, Maturing April 6, 2013	261,372
				TRU 2005 RE Holding Co.
1,325,000				Term Loan, 7.63%, Maturing December 9, 2008	1,246,328
				United Subcontractors, Inc.
250,000				Term Loan, 12.21%, Maturing June 27, 2013 (3)	179,150
				Wintergames Acquisition ULC
788,731				Term Loan, 6.55%, Maturing April 24, 2008	775,914
					$	8,746,203
Business Equipment and Services — 4.5%
				ACCO Brands Corp.
	924,812			Term Loan, 6.38%, Maturing August 17, 2012	$	864,699
				Acxiom Corp.
500,000				Term Loan, 6.20%, Maturing September 15, 2012	480,000
				Affiliated Computer Services
245,000				Term Loan, 5.29%, Maturing March 20, 2013	235,143
1,113,100				Term Loan, 5.85%, Maturing March 20, 2013	1,068,315

					Affinion Group, Inc.
	908,129				Term Loan, 7.44%, Maturing October 17, 2012	$	852,128
					Allied Security Holdings, LLC
357,955					Term Loan, 7.83%, Maturing June 30, 2010	338,267
					Buhrmann US, Inc.
EUR			1,311,664		Term Loan, 6.70%, Maturing December 23, 2010	1,903,209
					DynCorp International, LLC
436,421					Term Loan, 6.88%, Maturing February 11, 2011	411,690
					Education Management, LLC
434,659					Term Loan, 6.63%, Maturing June 1, 2013	402,905
					Info USA, Inc.
196,020					Term Loan, 6.83%, Maturing February 14, 2012	191,119
					Intergraph Corp.
421,020					Term Loan, Maturing May 29, 2014 (2)	404,179
					Mitchell International, Inc.
193,525					Term Loan, 6.84%, Maturing March 28, 2014	174,173
					N.E.W. Holdings I, LLC
270,038					Term Loan, 7.13%, Maturing May 22, 2014	237,633
					Protection One, Inc.
192,487					Term Loan, 6.45%, Maturing March 31, 2012	177,088
					Quintiles Transnational Corp.
500,000					Term Loan, 8.83%, Maturing March 31, 2014	480,625
					Sabre, Inc.
1,364,593					Term Loan, 5.24%, Maturing September 30, 2014	1,122,549
					Sitel (Client Logic)
292,041					Term Loan, 5.94%, Maturing January 29, 2014	260,646
					SunGard Data Systems, Inc.
2,930,338					Term Loan, 6.90%, Maturing February 11, 2013	2,723,078
					TDS Investor Corp.
EUR		525,796			Term Loan, 7.02%, Maturing August 23, 2013	698,698
					Valassis Communications, Inc.
114,527					Term Loan, 0.00%, Maturing March 2, 2014 (4)	102,502
538,543					Term Loan, 6.58%, Maturing March 2, 2014	481,996
					VWR International, Inc.
450,000					Term Loan, 7.33%, Maturing June 28, 2013	414,562
					WAM Acquisition, S.A.
EUR				153,716	Term Loan, 6.96%, Maturing May 4, 2014	205,506
EUR				96,284	Term Loan, 6.96%, Maturing May 4, 2014	128,820
EUR				153,716	Term Loan, 7.21%, Maturing May 4, 2015	206,644
EUR				96,284	Term Loan, 7.21%, Maturing May 4, 2015	129,468
					West Corp.
691,267					Term Loan, 5.85%, Maturing October 24, 2013	639,682
						$	15,335,324
Cable and Satellite Television — 5.2%
					Bragg Communications, Inc.
	199,500				Term Loan, 7.58%, Maturing August 31, 2014	$	197,505
					Bresnan Broadband Holdings, LLC
2,000,000					Term Loan, 5.93%, Maturing March 29, 2014	1,869,166
					Cequel Communications, LLC
475,000					Term Loan, 9.41%, Maturing May 5, 2014	407,609
990,066					Term Loan, 10.91%, Maturing May 5, 2014	851,457
					Charter Communications Operating, Inc.
2,991,833					Term Loan, 5.26%, Maturing April 28, 2013	2,619,293
					CSC Holdings, Inc.
1,876,674					Term Loan, 6.90%, Maturing March 29, 2013	1,731,065
					CW Media Holdings, Inc.
199,500					Term Loan, 8.08%, Maturing February 15, 2015	193,515
					Insight Midwest Holdings, LLC
1,029,375					Term Loan, 6.73%, Maturing April 6, 2014	946,882
					Kabel Deutschland GmbH
EUR				1,000,000	Term Loan, 6.48%, Maturing March 31, 2012	1,365,853
					NTL Investment Holdings, Ltd.
GBP				538,924	Term Loan, 7.66%, Maturing March 30, 2012	986,742
GBP				461,076	Term Loan, 7.66%, Maturing March 30, 2012	844,206

							Orion Cable GmbH
EUR				375,000			Term Loan, 7.47%, Maturing October 31, 2014	$	528,455
EUR				375,000			Term Loan, 7.98%, Maturing October 31, 2015	529,248
							ProSiebenSat.1 Media AG
EUR				91,800			Term Loan, 6.77%, Maturing March 2, 2015	106,765
EUR				9,415			Term Loan, 6.55%, Maturing June 26, 2015	12,191
EUR				231,985			Term Loan, 6.55%, Maturing June 26, 2015	300,386
EUR				91,800			Term Loan, 7.02%, Maturing March 2, 2016	107,444
							UPC Broadband Holding B.V.
EUR				1,150,000			Term Loan, 6.30%, Maturing October 16, 2011	1,532,808
				1,550,000			Term Loan, 6.38%, Maturing December 31, 2014	1,401,054
							YPSO Holding SA
EUR				496,137			Term Loan, 6.70%, Maturing July 28, 2014	645,053
EUR				191,468			Term Loan, 6.70%, Maturing July 28, 2014	248,937
EUR				312,395			Term Loan, 6.70%, Maturing July 28, 2014	406,161
								$	17,831,795
Chemicals and Plastics — 3.8%
							Brenntag Holding GmbH and Co.
EUR			1,061,751				Term Loan, 8.52%, Maturing December 23, 2013	$	1,540,588
							Cognis GmbH
400,000							Term Loan, 6.99%, Maturing September 15, 2013	356,333
							Foamex L.P.
223,235							Term Loan, 6.48%, Maturing February 12, 2013	194,959
							Georgia Gulf Corp.
225,409							Term Loan, 7.03%, Maturing October 3, 2013	210,006
							Hexion Specialty Chemicals, Inc.
1,462,749							Term Loan, 7.00%, Maturing May 5, 2013	1,377,626
317,751							Term Loan, 7.13%, Maturing May 5, 2013	299,260
							INEOS Group
490,000							Term Loan, 7.86%, Maturing December 14, 2014	454,271
							Innophos, Inc.
438,956							Term Loan, 7.08%, Maturing August 10, 2010	421,398
							ISP Chemco, Inc.
1,194,000							Term Loan, 6.68%, Maturing June 4, 2014	1,114,151
							Kleopatra
225,000							Term Loan, 7.04%, Maturing January 3, 2016	181,406
EUR						200,000	Term Loan, 7.12%, Maturing January 3, 2016	226,778
							Kranton Polymers, LLC
652,671							Term Loan, 6.75%, Maturing May 12, 2013	606,168
							Lucite International Group Holdings
182,338							Term Loan, 5.50%, Maturing July 7, 2013	167,751
64,561							Term Loan, 5.50%, Maturing July 7, 2013	59,396
							MacDermid, Inc.
EUR					416,021		Term Loan, 7.02%, Maturing April 12, 2014	588,243
							Millenium Inorganic Chemicals
300,000							Term Loan, 10.48%, Maturing October 31, 2014	233,250
							Momentive Performance Material
346,500							Term Loan, 7.13%, Maturing December 4, 2013	319,337
							Nalco Co.
1,641,055							Term Loan, 5.87%, Maturing November 4, 2010	1,604,815
							Propex Fabrics, Inc.
234,257							Term Loan, 10.00%, Maturing July 31, 2012	169,251
							Rockwood Specialties Group
EUR		1,455,000					Term Loan, 6.14%, Maturing July 30, 2012	2,041,174
							Solo Cup Co.
586,798							Term Loan, 8.41%, Maturing February 27, 2011	569,509
							Solutia, Inc.
472,569							DIP Loan, 6.49%, Maturing March 31, 2008	466,957
								$	13,202,627
Clothing/Textiles — 0.2%
							Hanesbrands, Inc.
	366,094						Term Loan, 5.00%, Maturing September 5, 2013	$	354,024
250,000							Term Loan, 6.99%, Maturing March 5, 2014	248,021
							St. John Knits International, Inc.
122,199							Term Loan, 7.84%, Maturing March 23, 2012	120,366
								$	722,411

Conglomerates — 2.5%
							Amsted Industries, Inc.
	511,876						Term Loan, 6.38%, Maturing October 15, 2010	$	495,880
							Doncasters (Dunde HoldCo 4 Ltd.)
124,984							Term Loan, 6.82%, Maturing July 13, 2015	118,969
124,984							Term Loan, 7.32%, Maturing July 13, 2015	119,282
GBP					250,000		Term Loan, 10.20%, Maturing January 13, 2016	459,725
							GenTek, Inc.
640,258							Term Loan, 6.44%, Maturing February 25, 2011	623,451
							Goodman Global Holdings, Inc.
109,023							Term Loan, 6.59%, Maturing December 23, 2011	108,546
							ISS Holdings A/S
EUR			122,807				Term Loan, 6.95%, Maturing December 31, 2013	167,009
EUR			877,193				Term Loan, 6.95%, Maturing December 31, 2013	1,192,922
							Jarden Corp.
363,126							Term Loan, 6.58%, Maturing January 24, 2012	341,086
204,397							Term Loan, 6.58%, Maturing January 24, 2012	191,991
500,000							Term Loan, 7.33%, Maturing January 24, 2012	484,166
							Johnson Diversey, Inc.
714,029							Term Loan, 6.88%, Maturing December 16, 2011	689,038
							Polymer Group, Inc.
1,285,134							Term Loan, 7.09%, Maturing November 22, 2012	1,259,431
							RBS Global, Inc.
988,770							Term Loan, 6.43%, Maturing July 19, 2013	950,868
							RGIS Holdings, LLC
852,857							Term Loan, 5.76%, Maturing April 30, 2014	746,250
42,643							Term Loan, 5.77%, Maturing April 30, 2014	37,312
							US Investigations Services, Inc.
523,684							Term Loan, 7.91%, Maturing February 21, 2015	487,681
							Vertrue, Inc.
249,375							Term Loan, 7.83%, Maturing August 16, 2014	230,672
								$	8,704,279
Containers and Glass Products — 3.3%
							Berry Plastics Corp.
		1,042,125					Term Loan, 7.16%, Maturing April 3, 2015	$	903,458
							Bluegrass Container Co.
107,753							Term Loan, 6.57%, Maturing June 30, 2013	104,905
360,122							Term Loan, 6.68%, Maturing June 30, 2013	350,604
84,848							Term Loan, 8.40%, Maturing December 30, 2013	84,530
265,152							Term Loan, 8.40%, Maturing December 30, 2013	264,157
							Consolidated Container Co.
322,563							Term Loan, 5.50%, Maturing March 28, 2014	265,308
							Crown Americas, Inc.
EUR						980,000	Term Loan, 6.33%, Maturing November 15, 2012	1,407,458
							Graham Packaging Holdings Co.
1,191,000							Term Loan, 7.25%, Maturing October 7, 2011	1,107,464
							Graphic Packaging International, Inc.
1,483,886							Term Loan, 6.03%, Maturing May 16, 2014	1,366,205
							JSG Acquisitions
EUR				1,250,000			Term Loan, 6.57%, Maturing December 31, 2014	1,703,269
EUR				1,250,000			Term Loan, 6.57%, Maturing December 31, 2014	1,711,366
							Pregis Corp.
977,500							Term Loan, 7.08%, Maturing October 12, 2011	923,737
							Smurfit-Stone Container Corp.
428,496							Term Loan, 6.60%, Maturing November 1, 2011	410,404
725,370							Term Loan, 7.02%, Maturing November 1, 2011	694,542
244,516							Term Loan, 7.06%, Maturing November 1, 2011	234,192
								$	11,531,599
Cosmetics/Toiletries — 0.5%
							American Safety Razor Co.
	467,626						Term Loan, 5.95%, Maturing July 31, 2013	$	453,597
300,000							Term Loan, 11.69%, Maturing July 31, 2014	297,000
							Bausch & Lomb, Inc.
40,000							Term Loan, 6.51%, Maturing April 30, 2015 (4)	39,100
160,000							Term Loan, 8.08%, Maturing April 30, 2015	156,400
							Prestige Brands, Inc.
609,619							Term Loan, 6.98%, Maturing April 7, 2011	592,473
								$	1,538,570

Drugs — 0.3%
					Pharmaceutical Holdings Corp.
	148,500				Term Loan, 6.53%, Maturing January 30, 2012	$	144,788
					Stiefel Laboratories, Inc.
160,895					Term Loan, 6.69%, Maturing December 28, 2013	154,459
210,355					Term Loan, 6.69%, Maturing December 28, 2013	201,941
					Warner Chilcott Corp.
185,147					Term Loan, 6.59%, Maturing January 18, 2012	176,815
538,281					Term Loan, 6.77%, Maturing January 18, 2012	514,059
						$	1,192,062
Ecological Services and Equipment — 0.9%
					Big Dumpster Merger Sub, Inc.
	97,528				Term Loan, 7.08%, Maturing February 5, 2013	$	88,506
					Blue Waste B.V. (AVR Acquisition)
EUR			500,000		Term Loan, 7.02%, Maturing April 1, 2015	710,688
					Kemble Water Structure Ltd.
GBP		500,000			Term Loan, 10.05%, Maturing October 13, 2013	934,050
					Sensus Metering Systems, Inc.
381,544					Term Loan, 6.67%, Maturing December 17, 2010	364,374
24,789					Term Loan, 6.88%, Maturing December 17, 2010	23,674
					Waste Services, Inc.
500,000					Term Loan, 7.40%, Maturing March 31, 2011	470,000
					Wastequip, Inc.
401,222					Term Loan, 7.08%, Maturing February 5, 2013	364,109
						$	2,955,401
Electronics/Electrical — 2.1%
					Aspect Software, Inc.
	508,330				Term Loan, 7.94%, Maturing July 11, 2011	$	487,997
500,000					Term Loan, 11.50%, Maturing July 11, 2013	472,500
					Freescale Semiconductor, Inc.
1,212,750					Term Loan, 6.38%, Maturing December 1, 2013	1,033,111
					Infor Enterprise Solutions Holdings
746,268					Term Loan, 8.58%, Maturing July 28, 2012	679,104
389,357					Term Loan, 8.58%, Maturing July 28, 2012	354,315
250,000					Term Loan, 10.33%, Maturing March 2, 2014	214,375
91,667					Term Loan, 11.08%, Maturing March 2, 2014	78,604
158,333					Term Loan, 11.08%, Maturing March 2, 2014	135,771
					Invensys International Holding
EUR				650,000	Term Loan, 6.71%, Maturing December 15, 2010	937,127
					Network Solutions, LLC
206,866					Term Loan, 6.99%, Maturing March 7, 2014	185,145
					Open Solutions, Inc.
322,620					Term Loan, 5.85%, Maturing January 23, 2014	298,020
					Sensata Technologies Finance Co.
992,443					Term Loan, 5.06%, Maturing April 27, 2013	894,617
					Spectrum Brands, Inc.
16,486					Term Loan, 8.63%, Maturing March 30, 2013	15,340
328,159					Term Loan, 8.65%, Maturing March 30, 2013	305,352
					SS&C Technologies, Inc.
410,209					Term Loan, 6.83%, Maturing November 23, 2012	397,902
					Vertafore, Inc.
492,528					Term Loan, 7.52%, Maturing January 31, 2012	465,439
275,000					Term Loan, 11.02%, Maturing January 31, 2013	257,125
						$	7,211,844
Equipment Leasing — 0.3%
					AWAS Capital, Inc.
	621,009				Term Loan, 10.94%, Maturing March 22, 2013	$	562,014
					Maxim Crane Works, L.P.
248,750					Term Loan, 6.60%, Maturing June 29, 2014	225,119
					United Rentals, Inc.
77,260					Term Loan, 6.75%, Maturing February 14, 2011	74,170
183,195					Term Loan, 6.09%, Maturing February 14, 2011	175,867
						$	1,037,170
Farming/Agriculture — 0.1%
					BF Bolthouse HoldCo, LLC
	375,000				Term Loan, 10.33%, Maturing December 16, 2013	$	346,875
						$	346,875

Financial Intermediaries — 0.6%
						Citco III, Ltd.
	250,000					Term Loan, 6.97%, Maturing June 30, 2014	$	237,188
						Jupiter Asset Management Group
GBP					220,143	Term Loan, 8.73%, Maturing June 30, 2015	397,982
						LPL Holdings, Inc.
994,987						Term Loan, 6.83%, Maturing December 18, 2014	939,019
						Nuveen Investments, Inc.
400,000						Term Loan, 7.29%, Maturing November 2, 2014	388,281
						Travelex America Holdings, Inc.
125,000						Term Loan, 6.49%, Maturing October 31, 2013	121,875
125,000						Term Loan, 6.98%, Maturing October 31, 2014	122,500
							$	2,206,845
Food Products — 3.0%
						Acosta, Inc.
	615,625					Term Loan, 5.53%, Maturing July 28, 2013	$	575,609
						Advantage Sales & Marketing, Inc.
997,248						Term Loan, 5.77%, Maturing March 29, 2013	927,440
						American Seafoods Group, LLC
739,900						Term Loan, 6.58%, Maturing September 30, 2011	715,391
						BL Marketing, Ltd.
GBP				300,000		Term Loan, 8.81%, Maturing December 20, 2013	572,651
GBP				300,000		Term Loan, 9.31%, Maturing December 20, 2014	573,414
						Black Lion Beverages III B.V.
EUR		1,000,000				Term Loan, 8.97%, Maturing January 24, 2016	1,343,645
						Charden International B.V.
EUR		247,502				Term Loan, 6.70%, Maturing March 14, 2014	354,237
EUR		247,502				Term Loan, 7.20%, Maturing March 14, 2015	357,061
						Chiquita Brands, LLC
796,407						Term Loan, 6.31%, Maturing June 28, 2012	778,090
						Dean Foods Co.
967,688						Term Loan, 6.58%, Maturing April 2, 2014	904,898
						Michael Foods, Inc.
197,824						Term Loan, 6.85%, Maturing November 21, 2010	194,177
						Nash-Finch Co.
339,143						Term Loan, 7.13%, Maturing November 12, 2010	323,881
						Pinnacle Foods Finance, LLC
1,069,625						Term Loan, 7.48%, Maturing April 2, 2014	968,011
						Reddy Ice Group, Inc.
925,000						Term Loan, 6.13%, Maturing August 9, 2012	883,375
						Ruby Acquisitions, Ltd.
GBP		441,631				Term Loan, 9.30%, Maturing January 5, 2015	797,848
							$	10,269,728
Food Service — 1.1%
						Aramark Corp.
GBP			544,500			Term Loan, 8.17%, Maturing January 27, 2014	$	990,456
						Buffets, Inc.
372,059						DIP Loan, Maturing January 22, 2009 (2)	364,618
52,500						Term Loan, 7.83%, Maturing May 1, 2013	32,970
393,017						Term Loan, 7.98%, Maturing November 1, 2013	246,815
						Denny’s, Inc.
37,000						Term Loan, 6.63%, Maturing March 31, 2012	35,890
152,523						Term Loan, 6.85%, Maturing March 31, 2012	147,947
						JRD Holdings, Inc.
615,856						Term Loan, 7.19%, Maturing June 26, 2014	589,683
						OSI Restaurant Partners, LLC
18,797						Term Loan, 4.88%, Maturing May 9, 2013	15,903
222,378						Term Loan, 7.13%, Maturing May 9, 2014	188,142
						QCE Finance, LLC
275,000						Term Loan, 10.58%, Maturing November 5, 2013	238,333
						Selecta
EUR			741,246			Term Loan, 7.14%, Maturing June 28, 2015	987,740
							$	3,838,497

Food/Drug Retailers — 1.4%
				General Nutrition Centers, Inc.
	797,750			Term Loan, 7.04%, Maturing September 16, 2013	$	682,475
				Iceland Foods Group, Ltd.
GBP		250,000		Term Loan, 8.71%, Maturing May 2, 2014	489,545
GBP		250,000		Term Loan, 9.21%, Maturing May 2, 2015	492,030
				Rite Aid Corp.
1,000,000				Term Loan, Maturing June 1, 2014 (2)	940,000
1,000,000				Term Loan, 5.71%, Maturing June 1, 2014	910,000
				Roundy’s Supermarkets, Inc.
1,307,323				Term Loan, 7.91%, Maturing November 3, 2011	1,259,116
					$	4,773,166
Forest Products — 1.0%
				Georgia-Pacific Corp.
	2,707,405			Term Loan, 6.87%, Maturing December 20, 2012	$	2,506,042
				INEOS Group
490,000				Term Loan, 7.36%, Maturing December 14, 2013	454,271
				Newpage Corp.
375,000				Term Loan, 8.69%, Maturing December 5, 2014	365,208
				Xerium Technologies, Inc.
EUR			3,976	Term Loan, 7.52%, Maturing May 18, 2012	5,887
					$	3,331,408
Healthcare — 5.7%
				Accellent, Inc.
	1,013,299			Term Loan, 7.79%, Maturing November 22, 2012	$	866,370
				Alliance Imaging, Inc.
470,000				Term Loan, 6.26%, Maturing December 29, 2011	444,150
				American Medical Systems
429,076				Term Loan, 7.54%, Maturing July 20, 2012	390,459
				AMR HoldCo, Inc.
320,239				Term Loan, 7.13%, Maturing February 10, 2012	309,831
				Biomet, Inc.
EUR		349,125		Term Loan, 7.78%, Maturing December 26, 2014	501,407
773,063				Term Loan, 7.86%, Maturing December 26, 2014	752,067
				Cardinal Health 409, Inc.
422,875				Term Loan, 7.08%, Maturing April 10, 2014	377,416
				Carestream Health, Inc.
500,000				Term Loan, Maturing April 30, 2013 (2)	457,500
491,722				Term Loan, 5.76%, Maturing April 30, 2013	422,653
				Carl Zeiss Vision Holding GmbH
400,000				Term Loan, 7.64%, Maturing March 23, 2015	381,333
				Community Health Systems, Inc.
106,729				Term Loan, 0.00%, Maturing July 25, 2014 (4)	98,765
2,122,119				Term Loan, 7.33%, Maturing July 25, 2014	1,963,777
				Dako EQT Project Delphi
250,000				Term Loan, 8.66%, Maturing December 12, 2016 (3)	217,450
				DaVita, Inc.
1,201,075				Term Loan, 5.57%, Maturing October 5, 2012	1,141,703
				DJO Finance, LLC
200,000				Term Loan, 7.83%, Maturing May 15, 2014	196,250
				HCA, Inc.
1,930,500				Term Loan, 7.08%, Maturing November 18, 2013	1,788,577
				Health Management Association, Inc.
1,878,798				Term Loan, 6.56%, Maturing February 28, 2014	1,657,804
				HealthSouth Corp.
500,000				Term Loan, 6.91%, Maturing March 10, 2013	468,750
				IM U.S. Holdings, LLC
323,375				Term Loan, 6.84%, Maturing June 26, 2014	299,122
				Invacare Corp.
237,000				Term Loan, 5.50%, Maturing February 12, 2013	225,298
				inVentiv Health, Inc.
14,286				Term Loan, 0.00%, Maturing July 6, 2014 (4)	13,554
234,536				Term Loan, 6.58%, Maturing July 6, 2014	223,102
				LifeCare Holdings, Inc.
219,938				Term Loan, 9.10%, Maturing August 11, 2012	192,995

			MultiPlan Merger Corp.
	496,338		Term Loan, Maturing April 12, 2013 (2)	$	475,244
			National Mentor Holdings, Inc.
16,800			Term Loan, 5.32%, Maturing June 29, 2013	15,582
278,952			Term Loan, 6.73%, Maturing June 29, 2013	258,728
			Nyco Holdings
EUR		312,500	Term Loan, 7.01%, Maturing December 29, 2014	376,319
EUR		312,500	Term Loan, 7.76%, Maturing December 29, 2015	378,632
			P&F Capital S.A.R.L.
EUR		209,223	Term Loan, 7.34%, Maturing February 21, 2014	300,981
EUR		65,049	Term Loan, 7.34%, Maturing February 21, 2014	93,576
EUR		125,235	Term Loan, 7.34%, Maturing February 21, 2014	180,158
EUR		100,494	Term Loan, 7.34%, Maturing February 21, 2014	144,566
EUR		94,595	Term Loan, 7.84%, Maturing February 21, 2015	136,880
EUR		35,135	Term Loan, 7.84%, Maturing February 21, 2015	50,841
EUR		72,973	Term Loan, 7.84%, Maturing February 21, 2015	105,593
EUR		297,297	Term Loan, 7.84%, Maturing February 21, 2015	430,196
			ReAble Therapeutics Finance, LLC
1,450,883			Term Loan, 6.83%, Maturing November 16, 2013	1,381,966
			Select Medical Holding Corp.
984,994			Term Loan, 6.99%, Maturing February 24, 2012	920,149
			Vanguard Health Holding Co., LLC
729,617			Term Loan, 5.52%, Maturing September 23, 2011	677,632
			Viant Holdings, Inc.
498,747			Term Loan, Maturing June 25, 2014 (2)	451,989
				$	19,769,365
Home Furnishings — 0.4%
			Interline Brands, Inc.
	278,370		Term Loan, 5.02%, Maturing June 23, 2013	$	272,454
192,391			Term Loan, 5.02%, Maturing June 23, 2013	188,303
			Oreck Corp.
448,341			Term Loan, 7.66%, Maturing February 2, 2012 (3)	260,038
			Simmons Co.
806,601			Term Loan, 5.75%, Maturing December 19, 2011	737,032
				$	1,457,827
Industrial Equipment — 1.4%
			Alliance Laundry Holdings, LLC
	254,395		Term Loan, 7.63%, Maturing January 27, 2012	$	245,491
			Brand Energy & Infrastructure Service, Inc.
199,500			Term Loan, 7.91%, Maturing February 7, 2014	192,019
			CEVA Group PLC U.S.
764,450			Term Loan, 6.28%, Maturing January 4, 2014	745,339
267,079			Term Loan, 7.24%, Maturing January 4, 2014	260,402
262,114			Term Loan, 7.83%, Maturing January 4, 2014	255,561
			EPD Holdings (Goodyear Engineering Products)
610,969			Term loan, 5.75%, Maturing July 13, 2014	552,927
87,500			Term Loan, 5.78%, Maturing July 13, 2014	79,188
200,000			Term Loan, 8.99%, Maturing July 13, 2015	178,083
			Generac Acquisition Corp.
367,500			Term Loan, 7.20%, Maturing November 7, 2013	309,750
			Gleason Corp.
174,893			Term Loan, 6.56%, Maturing June 30, 2013	163,744
20,089			Term Loan, 6.56%, Maturing June 30, 2013	18,808
			John Maneely Co.
539,136			Term Loan, 7.77%, Maturing December 8, 2013	463,272
			Polypore, Inc.
845,750			Term Loan, 5.52%, Maturing July 3, 2014	797,119
			Sequa Corp.
500,000			Term Loan, 8.08%, Maturing November 30, 2014	477,917
			TFS Acquisition Corp.
222,188			Term Loan, 8.33%, Maturing August 11, 2013	213,300
				$	4,952,920

Insurance — 0.8%
				CCC Information Services Group, Inc.
	568,938			Term Loan, 7.36%, Maturing February 10, 2013	$	554,715
				Conseco, Inc.
790,007				Term Loan, 5.27%, Maturing October 10, 2013	715,614
				Crawford & Company
352,143				Term Loan, 7.58%, Maturing October 31, 2013	329,254
				Crump Group, Inc.
266,023				Term Loan, 7.83%, Maturing August 4, 2014	262,033
				Hub International Holdings, Inc.
132,317				Term Loan, 6.07%, Maturing June 13, 2014 (4)	119,086
589,359				Term Loan, 7.33%, Maturing June 13, 2014	530,423
				U.S.I. Holdings Corp.
223,875				Term Loan, 7.58%, Maturing May 4, 2014	207,644
					$	2,718,769
Leisure Goods/Activities/Movies — 3.5%
				24 Hour Fitness Worldwide, Inc.
	397,913			Term Loan, 6.95%, Maturing June 8, 2012	$	362,100
				AMC Entertainment, Inc.
563,500				Term Loan, 5.04%, Maturing January 26, 2013	520,835
				Bombardier Recreational Product
524,051				Term Loan, 6.43%, Maturing June 28, 2013	497,412
				Cedar Fair, L.P.
861,875				Term Loan, 5.27%, Maturing August 30, 2012	808,385
				Cinemark, Inc.
1,032,831				Term Loan, 6.51%, Maturing October 5, 2013	947,461
				HEI Acquisition, LLC
550,000				Term Loan, 7.31%, Maturing April 13, 2014	539,000
				Metro-Goldwyn-Mayer Holdings, Inc.
2,127,113				Term Loan, 8.11%, Maturing April 8, 2012	1,900,864
				National CineMedia, LLC
1,225,000				Term Loan, 6.87%, Maturing February 13, 2015	1,117,813
				Red Football, Ltd.
GBP			500,000	Term Loan, 8.50%, Maturing August 16, 2014	953,826
GBP			500,000	Term Loan, 8.75%, Maturing August 16, 2015	958,796
				Revolution Studios Distribution Co., LLC
352,717				Term Loan, 7.03%, Maturing December 21, 2014	340,372
225,000				Term Loan, 10.28%, Maturing June 21, 2015	219,375
				Six Flags Theme Parks, Inc.
845,750				Term Loan, 7.25%, Maturing April 30, 2015	733,101
				Universal City Development Partners, Ltd.
925,455				Term Loan, 6.45%, Maturing June 9, 2011	907,524
				WMG Acquisition Corp.
970,574				Term Loan, 6.73%, Maturing February 28, 2011	909,913
				Zuffa, LLC
497,500				Term Loan, 6.94%, Maturing June 20, 2016	410,438
					$	12,127,215
Lodging and Casinos — 2.3%
				Bally Technologies, Inc.
	927,423			Term Loan, 7.36%, Maturing September 5, 2009	$	922,496
				Gala Electric Casinos, Ltd.
GBP		832,843		Term Loan, 8.81%, Maturing December 12, 2013	1,512,197
GBP		832,902		Term Loan, 9.29%, Maturing December 12, 2014	1,519,665
				Isle of Capri Casinos, Inc.
172,059				Term Loan, 5.04%, Maturing November 30, 2013	151,412
570,661				Term Loan, 6.58%, Maturing November 30, 2013	502,182
228,265				Term Loan, 6.58%, Maturing November 30, 2013	200,873
				New World Gaming Partners, Ltd.
291,667				Term Loan, 7.23%, Maturing June 30, 2014	258,854
58,333				Term Loan, 7.23%, Maturing June 30, 2014	51,771
				Penn National Gaming, Inc.
1,383,162				Term Loan, 5.66%, Maturing October 3, 2012	1,354,116

				Venetian Casino Resort/Las Vegas Sands Inc.
	230,000			Term Loan, 0.00%, Maturing May 14, 2014 (4)	$	204,341
915,400				Term Loan, 6.58%, Maturing May 23, 2014	813,276
				VML US Finance, LLC
133,333				Term Loan, 7.08%, Maturing May 25, 2012	124,620
266,667				Term Loan, 7.08%, Maturing May 25, 2013	249,241
					$	7,865,044
Nonferrous Metals/Minerals — 0.7%
				Euramax International, Inc.
	167,105			Term Loan, 12.65%, Maturing June 28, 2013	$	124,995
82,895				Term Loan, 12.65%, Maturing June 28, 2013	62,005
				Murray Energy Corp.
729,375				Term Loan, 7.91%, Maturing January 28, 2010	696,553
				Neo Material Technologies, Inc.
268,125				Term Loan, 8.31%, Maturing August 31, 2009	268,125
				Noranda Aluminum Acquisition
563,750				Term Loan, 6.91%, Maturing May 18, 2014	533,213
				Novelis, Inc.
		178,789		Term Loan, 6.83%, Maturing June 28, 2014			164,709
393,336				Term Loan, 6.83%, Maturing June 28, 2014	362,361
				Thompson Creek Metals Co.
225,674				Term Loan, 9.40%, Maturing October 26, 2012	223,418
					$		2,435,379
Oil and Gas — 1.4%
				Atlas Pipeline Partners L.P.
		415,000		Term Loan, 6.03%, Maturing July 20, 2014	$		408,256
				Concho Resources, Inc.
321,713				Term Loan, 9.23%, Maturing March 27, 2012	316,083
				Dresser, Inc.
300,000				Term Loan, 11.13%, Maturing May 4, 2015	271,500
				Dynegy Holdings, Inc.
1,000,000				Term Loan, Maturing April 2, 2013 (2)	923,500
				Enterprise GP Holdings L.P.
300,000				Term Loan, 6.75%, Maturing October 31, 2014	297,375
				Hercules Offshore, Inc.
199,000				Term Loan, 6.58%, Maturing July 6, 2013	191,065
				Kinder Morgan, Inc.
1,012,932				Term Loan, 4.78%, Maturing May 21, 2014	1,003,839
				Niska Gas Storage
69,127				Term Loan, 6.74%, Maturing May 13, 2011	65,325
41,328				Term Loan, 6.81%, Maturing May 13, 2011	39,055
61,010				Term Loan, 7.32%, Maturing May 13, 2011	57,655
376,888				Term Loan, 7.32%, Maturing May 12, 2013	356,159
				Primary Natural Resources, Inc.
491,250				Term Loan, 6.00%, Maturing July 28, 2010 (3)	482,506
				Targa Resources, Inc.
87,903				Term Loan, 6.84%, Maturing October 31, 2012	84,431
234,015				Term Loan, 6.90%, Maturing October 31, 2012	224,772
					$		4,721,521
Publishing — 5.3%
				American Media Operations, Inc.
		1,000,000		Term Loan, 8.25%, Maturing January 31, 2013	$		940,000
				CanWest MediaWorks, Ltd.
223,875				Term Loan, 7.08%, Maturing July 10, 2014	216,039
				GateHouse Media Operating, Inc.
175,000				Term Loan, 6.50%, Maturing August 28, 2014	140,000
375,000				Term Loan, 7.07%, Maturing August 28, 2014	300,000
				Idearc, Inc.
2,826,475				Term Loan, 6.83%, Maturing November 17, 2014	2,583,655
				Laureate Education, Inc.
59,434				Term Loan, 0.00%, Maturing August 17, 2014 (4)	55,571
400,180				Term Loan, 8.73%, Maturing August 17, 2014	374,168
				MediaNews Group, Inc.
270,875				Term Loan, 7.08%, Maturing August 2, 2013	228,889
				Mediannuaire Holding
EUR			250,000	Term Loan, 7.18%, Maturing October 10, 2014	335,171
EUR			250,000	Term Loan, 7.68%, Maturing October 10, 2015	337,762

						Nebraska Book Co., Inc.
	723,779					Term Loan, 7.65%, Maturing March 4, 2011	$	702,970
						Nielsen Finance, LLC
1,975,006						Term Loan, 6.96%, Maturing August 9, 2013	1,830,720
						Philadelphia Newspapers, LLC
213,507						Term Loan, 7.92%, Maturing June 29, 2013	190,021
						Reader’s Digest Association
918,063						Term Loan, 7.19%, Maturing March 2, 2014	805,217
						Seat Pagine Gialle SpA
EUR			1,574,725			Term Loan, 6.18%, Maturing May 25, 2012	2,238,276
						SP Newsprint Co.
652,602						Term Loan, 7.02%, Maturing January 9, 2010	590,605
						TL Acquisitions, Inc.
723,188						Term Loan, 6.20%, Maturing July 5, 2014	652,878
						Trader Media Corp.
GBP					437,625	Term Loan, 7.68%, Maturing March 23, 2015	806,924
						Tribune Co.
490,000						Term Loan, 7.40%, Maturing May 17, 2009	458,916
796,000						Term Loan, 7.91%, Maturing May 17, 2014	600,284
						World Directories Acquisition
EUR				877,676		Term Loan, 6.72%, Maturing May 31, 2014	1,177,660
						Xsys, Inc.
EUR				1,000,000		Term Loan, 7.00%, Maturing September 27, 2014	1,381,030
						YBR Acquisition BV
EUR			450,000			Term Loan, 7.27%, Maturing June 30, 2013	642,475
EUR			450,000			Term Loan, 7.77%, Maturing June 30, 2014	646,758
							$	18,235,989
Radio and Television — 1.9%
						Block Communications, Inc.
	269,500					Term Loan, 6.83%, Maturing December 22, 2011	$	249,288
						CMP KC, LLC
486,844						Term Loan, 8.47%, Maturing May 5, 2013	445,462
						NEP II, Inc.
173,687						Term Loan, 7.11%, Maturing February 16, 2014	164,279
						Nexstar Broadcasting, Inc.
385,182						Term Loan, 6.58%, Maturing October 1, 2012	350,515
364,716						Term Loan, 6.58%, Maturing October 1, 2012	331,891
						PanAmSat Corp.
691,250						Term Loan, 6.60%, Maturing January 3, 2014	605,337
						Paxson Communications Corp.
850,000						Term Loan, 7.51%, Maturing January 15, 2012	799,000
						SFX Entertainment
368,016						Term Loan, 7.58%, Maturing June 21, 2013	356,976
						Tyrol Acquisition 2 SAS
EUR		250,000				Term Loan, 6.19%, Maturing January 19, 2015	324,891
EUR		250,000				Term Loan, 6.65%, Maturing January 19, 2016	326,573
						Univision Communications, Inc.
200,000						Term Loan, 5.77%, Maturing March 29, 2009	189,375
67,953						Term Loan, 0.00%, Maturing September 29, 2014 (4)	56,068
1,957,047						Term Loan, 5.49%, Maturing September 29, 2014	1,614,767
						Young Broadcasting, Inc.
491,250						Term Loan, 7.06%, Maturing November 3, 2012	448,266
243,750						Term Loan, 7.16%, Maturing November 3, 2012	222,422
							$	6,485,110
Rail Industries — 0.1%
						RailAmerica, Inc.
	450,000					Term Loan, 7.12%, Maturing August 14, 2008	$	441,000
							$	441,000
Retailers (Except Food and Drug) — 1.1%
						American Achievement Corp.
	350,915					Term Loan, 6.70%, Maturing March 25, 2011	$	329,860
						Harbor Freight Tools USA, Inc.
474,699						Term Loan, 6.21%, Maturing July 15, 2010	433,163
						Josten’s Corp.
375,045						Term Loan, 6.72%, Maturing October 4, 2011	368,170
						Mapco Express, Inc.
441,745						Term Loan, 6.01%, Maturing April 28, 2011	420,762
						Neiman Marcus Group, Inc.
205,696						Term Loan, 6.69%, Maturing April 5, 2013	189,583

				Orbitz Worldwide, Inc.
	314,213			Term Loan, 7.05%, Maturing July 25, 2014	$	289,861
				Oriental Trading Co., Inc.
300,000				Term Loan, 9.28%, Maturing January 31, 2013	252,000
456,290				Term Loan, 6.42%, Maturing July 31, 2013	406,098
				Rent-A-Center, Inc.
298,514				Term Loan, 6.72%, Maturing November 15, 2012	274,259
				Rover Acquisition Corp.
420,750				Term Loan, 6.28%, Maturing October 26, 2013	391,999
				Savers, Inc.
101,507				Term Loan, 7.58%, Maturing August 11, 2012	98,462
110,481				Term Loan, 7.58%, Maturing August 11, 2012	107,167
				The Yankee Candle Company, Inc.
184,654				Term Loan, 6.83%, Maturing February 6, 2014	167,343
					$		3,728,727
Steel — 0.3%
				Algoma Acquisition Corp.
		708,611		Term Loan, 7.33%, Maturing June 20, 2013	$		660,780
				Niagara Corp.
298,500				Term Loan, 8.27%, Maturing June 29, 2014	262,680
					$		923,460
Surface Transport — 0.5%
				Oshkosh Truck Corp.
		543,125		Term Loan, 6.90%, Maturing December 6, 2013	$		504,489
				SIRVA Worldwide, Inc.
322,082				Term Loan, 11.82%, Maturing December 1, 2010	168,959
				Swift Transportation Co., Inc.
1,501,163				Term Loan, 8.19%, Maturing May 10, 2014	1,164,809
					$		1,838,257
Telecommunications — 2.7%
				Alltell Communication
		500,000		Term Loan, Maturing May 16, 2014(2)	$		456,667
500,000				Term Loan, Maturing May 16, 2015(2)	481,875
273,063				Term Loan, 6.77%, Maturing May 16, 2015	224,188
				Asurion Corp.
425,000				Term Loan, 7.88%, Maturing July 13, 2012	387,813
250,000				Term Loan, 11.18%, Maturing January 13, 2013	227,031
				BCM Luxembourg, Ltd.
EUR			375,000	Term Loan, 6.63%, Maturing September 30, 2014	514,509
EUR			375,000	Term Loan, 6.88%, Maturing September 30, 2015	517,495
EUR			500,000	Term Loan, 9.00%, Maturing March 31, 2016	681,816
				Centennial Cellular Operating Co., LLC
692,695				Term Loan, 6.85%, Maturing February 9, 2011	671,625
				CommScope, Inc.
300,000				Term Loan, 7.06%, Maturing November 19, 2014	294,000
				FairPoint Communications, Inc.
1,000,000				Term Loan, 6.63%, Maturing February 8, 2012	986,750
				Intelsat Bermuda, Ltd.
300,000				Term Loan, 7.13%, Maturing February 1, 2014	293,875
				Intelsat Subsidiary Holding Co.
296,250				Term Loan, 6.35%, Maturing July 3, 2013	278,179
				IPC Systems, Inc.
GBP			298,500	Term Loan, 8.26%, Maturing May 31, 2014	494,020
				Macquarie UK Broadcast Ventures, Ltd.
GBP			225,000	Term Loan, 7.95%, Maturing December 26, 2014	394,742
				NTelos, Inc.
480,248				Term Loan, 5.53%, Maturing August 24, 2011	465,991
				Stratos Global Corp.
321,750				Term Loan, 7.59%, Maturing February 13, 2012	307,271
				Telesat Canada, Inc.
13,779				Term Loan, 6.90%, Maturing October 22, 2014(4)	13,072
161,210				Term Loan, 6.92%, Maturing October 22, 2014	152,948
				Triton PCS, Inc.
729,323				Term Loan, 6.53%, Maturing November 18, 2009	725,677
				Windstream Corp.
873,219				Term Loan, 5.50%, Maturing July 17, 2013	849,479
					$		9,419,023

Utilities — 1.4%
		AEI Finance Holding, LLC
	75,414	Revolving Loan, 7.83%, Maturing March 30, 2012	$	69,758
562,290		Term Loan, 7.83%, Maturing March 30, 2014	520,118
		Astoria Generating Co.
375,000		Term Loan, 8.66%, Maturing August 23, 2013	358,359
		BRSP, LLC
513,866		Term Loan, 7.91%, Maturing July 13, 2009	503,589
		Calpine Corp.
248,125		DIP Loan, 7.08%, Maturing March 30, 2009	222,072
		Covanta Energy Corp.
164,948		Term Loan, 6.10%, Maturing February 9, 2014	155,601
332,539		Term Loan, 6.57%, Maturing February 9, 2014	313,695
		Mach General, LLC
18,750		Term Loan, 6.83%, Maturing February 22, 2013	16,950
179,438		Term Loan, 7.00%, Maturing February 22, 2014	162,212
		NRG Energy, Inc.
556,432		Term Loan, 6.48%, Maturing June 1, 2014	512,543
1,205,095		Term Loan, 6.58%, Maturing June 1, 2014	1,110,043
		TXU Texas Competitive Electric Holdings Co., LLC
224,438		Term Loan, 8.40%, Maturing October 10, 2014	206,967
723,188		Term Loan, 8.40%, Maturing October 10, 2014	669,277
			$	4,821,184
Total Senior Floating-Rate Interests (identified cost $249,908,051)			$	238,730,538

Mortgage Pass-Throughs — 65.3%

Principal
Amount
(000’s omitted)		Security	Value
		Federal Home Loan Mortgage Corp.:
$	2,697	6.00%, with maturity at 2014 (5)	$	2,788,797
2,870		6.15%, with maturity at 2027 (5)	3,035,617
21,060		6.50%, with various maturities to 2030 (5)	22,399,243
19,074		7.00%, with various maturities to 2024 (5)	20,638,725
5,211		7.50%, with maturity at 2024 (5)	5,844,426
13,402		8.00%, with various maturities to 2031 (5)	15,094,796
7,657		8.50%, with various maturities to 2031	8,655,991
733		9.00%, with maturity at 2031	815,436
801		9.50%, with various maturities to 2022	918,409
1,858		11.50%, with maturity at 2019 (6)	2,123,279
			$	82,314,719
		Federal National Mortgage Association:
$	3,212	5.50%, with maturity at 2029 (5)	$	3,302,521
4,119		6.334%, with maturity at 2032 (5) (7)	4,202,164
14,066		6.50%, with various maturities to 2028 (5)	14,800,897
9,691		7.00%, with various maturities to 2032 (5)	10,548,554
18,054		7.50%, with various maturities to 2031 (5)	20,075,779
5,617		8.00%, with various maturities to 2029 (5)	6,285,242
1,259		8.50%, with maturity at 2027	1,441,328
2,305		9.00%, with various maturities to 2029	2,702,545
7,703		9.50%, with various maturities to 2031 (5)	8,960,462
2,331		10.00%, with various maturities to 2031	2,727,928
			$	75,047,420
		Government National Mortgage Association:
$	14,787	7.50%, with various maturities to 2025 (5)	$	16,554,915
8,111		8.00%, with various maturities to 2027 (5)	9,230,783
4,189		9.00%, with maturity at 2026	4,955,385
784		9.50%, with maturity at 2025	924,156
1,068		11.00%, with maturity at 2018	1,236,330
			$	32,901,569

		Collateralized Mortgage Obligations:
$	7,386	Federal Home Loan Mortgage Corp., Series 2113, Class QG, 6.00%, 1/15/29 (5)	$	7,691,452
3,420		Federal Home Loan Mortgage Corp., Series 2137, Class Z, 6.00%, 3/15/29 (5)	3,541,560
4,173		Federal Home Loan Mortgage Corp., Series 2167, Class BZ, 7.00%, 6/15/29 (5)	4,421,510
5,193		Federal Home Loan Mortgage Corp., Series 2182, Class ZB, 8.00%, 9/15/29 (5)	5,655,433
287		Federal National Mortgage Association, Series 1989-89, Class H, 9.00%, 11/25/19	318,573
617		Federal National Mortgage Association, Series 1991-122, Class N, 7.50%, 9/25/21	660,103
5,798		Federal National Mortgage Association, Series 1993-84, Class M, 7.50%, 6/25/23 (5)	6,304,829
1,745		Federal National Mortgage Association, Series 1997-28, Class ZA, 7.50%, 4/20/27	1,883,877
1,524		Federal National Mortgage Association, Series 1997-38, Class N, 8.00%, 5/20/27	1,661,871
2,787		Federal National Mortgage Association., Series G-33, Class PT, 7.00%, 10/25/21 (5)	2,939,093
			$		35,078,301
Total Mortgage Pass-Throughs (identified cost $216,877,262)			$	225,342,009

Asset–Backed Securities — 0.1%

Principal
Amount
(000’s omitted)		Security	Value
		Centurion CDO 9 Ltd., Series 2005-9A, Class Note
$	500	9.35%, 7/17/19	$	404,124
Total Asset–Backed Securities (identified cost $500,000)			$	404,124

Corporate Bonds & Notes — 2.1%

Principal
Amount
(000’s omitted)			Security	Value
Building and Development — 0.2%
			Grohe Holding, Variable Rate
EUR		500	7.451%, 1/15/14 (7)	$	649,613
				$	649,613
Cable and Satellite Television — 0.8%
			Iesy Hessen & ISH NRW, Variable Rate
EUR		2,000	7.258%, 4/15/13 (7)	$	2,753,916
				$	2,753,916
Financial Intermediaries — 0.3%
			ING Bank NV
$	1,000		10.80%, 6/12/08	$	993,174
				$	993,174
Index Linked Notes — 0.8%
			JP Morgan Chilean Inflation Linked Note
$	2,000		7.433%, 11/17/15 (8)	$	2,687,637
				$	2,687,637
Telecommunications — 0.0%
			Qwest Corp., Sr. Notes, Variable Rate
$	200		8.241%, 6/15/13 (7)	$	196,000
				$	196,000
Total Corporate Bonds & Notes (identified cost $6,298,925)				$	7,280,340

Sovereign Issues — 8.2%

Principal
Amount
(000’s omitted)		Security	Value
		Egyptian Treasury Bill
EGP	25	0.00%, 2/5/08	$	4,499
EGP	7,725	0.00%, 2/12/08	1,388,552
EGP	3,325	0.00%, 3/4/08	595,620
EGP	1,375	0.00%, 3/11/08	246,024
EGP	45,150	0.00%, 4/1/08	8,050,645
EGP	4,725	0.00%, 4/8/08	841,522
EGP	25	0.00%, 4/22/08	4,442
EGP	10,625	0.00%, 5/6/08	1,883,357
EGP	2,500	0.00%, 5/20/08	442,076
EGP	11,675	0.00%, 7/1/08	2,049,417
EGP	6,975	0.00%, 7/8/08	1,222,864
		Ghanaian Treasury Bond
GHS	730	13.69%, 3/15/10 (3)	754,991
GHS	320	13.50%, 3/29/10 (3)	331,502
GHS	1,300	13.67%, 6/15/12 (3)	1,296,151
		Indonesia Government
IDR	31,371,000	11.00%, 12/15/12	3,662,890
		Kenyan Treasury Bond
KES	4,050	9.50%, 3/23/09	56,243
		Nota Do Tesouro Nacional
BRL	2,664	6.00%, 5/15/15 (11)	1,385,842
		Republic of Nigeria
NGN	45,900	0.00%, 9/4/08 (3)	375,570
NGN	119,000	17.00%, 12/16/08	1,095,738
NGN	39,700	12.00%, 4/28/09	355,340
		Republic of Uganda
UGX	384,700	0.00%, 10/23/08	203,902
		Republic of Uruguay
UYU	41,774	5.00%, 9/14/18 (9)	2,153,177
Total Sovereign Issues (identified cost $28,170,029)			$	28,400,364

Call Options Purchased — 0.2%

	Principal		Strike		Expiration
Security	Amount of Contracts		Price		Date	Value
Euro Call Option	EUR	300,000		1.3270	1/8/09	$		49,633
Euro Call Option	EUR	300,000	1.2738		10/2/08	69,647
Euro Call Option	EUR	300,000	1.2950		10/10/08	61,586
Euro Call Option	EUR	300,000	1.2990		10/16/08	60,053
Euro Call Option	EUR	300,000	1.3155		10/30/08	54,079
Euro Call Option	EUR	300,000	1.3195		11/13/08	52,591
Euro Call Option	EUR	300,000	1.3540		11/26/08	41,331
Euro Call Option	EUR	300,000	1.3506		12/11/08	42,317
Euro Call Option	EUR	300,000	1.3375		2/12/09	46,048
Euro Call Option	EUR	300,000	1.3705		4/8/09	36,374
Euro Call Option	EUR	300,000	1.3745		5/13/09	35,388
South Korean Won Call Option	KRW	1,864,800,000	932.4000		3/3/09	24,112
South Korean Won Call Option	KRW	1,831,000,000	915.5000		6/2/09	17,742
Total Call Options Purchased (identified cost $253,428)						$	590,901

Put Options Purchased — 0.1%

	Principal		Strike		Expiration
Security	Amount of Contracts		Price		Date	Value
Euro Put Option	EUR	300,000		1.3270	1/8/09	$	3,274
Euro Put Option	EUR	300,000	1.2738		10/2/08	1,155
Euro Put Option	EUR	300,000	1.2950		10/10/08	1,515
Euro Put Option	EUR	300,000	1.2990		10/16/08	1,635
Euro Put Option	EUR	300,000	1.3155		10/30/08	2,141
Euro Put Option	EUR	300,000	1.3195		11/13/08	2,403
Euro Put Option	EUR	300,000	1.3540		11/26/08	3,731
Euro Put Option	EUR	300,000	1.3506		12/11/08	3,811
Euro Put Option	EUR	300,000	1.3375		2/12/09	4,077
Euro Put Option	EUR	300,000	1.3705		4/8/09	6,587
Euro Put Option	EUR	300,000	1.3745		5/13/09	7,400
South Korean Won Put Option	KRW	1,864,800,000	932.4000		3/3/09	54,135
South Korean Won Put Option	KRW	1,831,000,000	915.5000		6/2/09	79,026
Total Put Options Purchased (identified cost, $249,778)						$	170,890

Short-Term Investments — 0.9%

		Interest/Principal
Description		(000’s omitted)		Value
Euro Time Deposit, 4.06%, 2/1/08	EUR	100		$	148,060
Investment in Cash Management Portfolio, 4.32% (10)		$	1,368	1,368,152
State Street Bank and Trust Time Deposit, 2.25%, 2/1/08		$	1,550	1,550,000
Total Short-Term Investments (identified cost $3,066,212)				$	3,066,212
Gross Investments — 146.1% (identified cost $505,323,685)				$	503,985,378
Less Unfunded Loan Commitments — (0.2)%				$	(675,167	)
Net Investments — 145.9% (identified cost $504,648,518)				$	503,310,211
Other Assets, Less Liabilities — (45.9)%				$	(158,383,900	)
Net Assets — 100.0%				$	344,926,311

BRL	—	Brazilian Real

EGP	—	Egyptian Pound

EUR	—	Euro

GBP	—	British Pound Sterling

GHS	—	Ghanaian Cedi

IDR	—	Indonesian Rupiah

KES	—	Kenyan Shilling

KRW	—	South Korean Won

NGN	—	Nigerian Naira

UGX	—	Ugandan Shilling

UYU	—	Uruguayan Peso

*		In U.S. dollars unless otherwise indicated.

(1)		Senior floating-rate interests often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, it is anticipated that the senior floating-rate interests will have an expected average life of approximately two to three years. The stated interest rate represents the weighted average interest rate of all contracts within the senior loan facility. Senior Loans typically have rates of interest which are redetermined either daily, monthly, quarterly or semi-annually by reference to a base lending rate, plus a premium. These base lending rates are primarily the London-Interbank Offered Rate (LIBOR), and secondarily the prime rate offered by one or more major United States banks (the Prime Rate) and the certificate of deposit (CD) rate or other base lending rates used by commercial lenders.

(2)		This Senior Loan will settle after January 31, 2008, at which time the interest rate will be determined.

(3)		Security valued at fair value using methods determined in good faith by or at the direction of the Trustees.

(4)		Unfunded or partially unfunded loan commitments. The Fund may enter into certain credit agreements whereby all or a portion of which may be unfunded. The Fund obligated to fund these commitments at the borrower’s discretion.

(5)		All or a portion of this security was on loan at January 31, 2008.

(6)		Security (or a portion thereof) has been segregated to cover margin requirements on open financial futures contracts.

(7)		Adjustable rate securities. Rates shown are the rates at period end.

(8)		Security pays 3.8% coupon and accrues principle based on annual increases in the Chilean UF Rate, for an effective yield of 7.433%.

(9)		Bond pays a coupon of 5% on the face at the end of the payment period. Principal grows with the Uruguayan inflation rate. Original face of the bond is UYU 38,030,000.

(10)		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 January 31, 2008. Net income allocated from the Investment in Cash Management Portfolio for the fiscal year to date ended January 31, 2008 was $51,763.

(11)		Bond pays a 6% coupon on the face at the end of the payment period. Principal is adjusted based on the IPCA (Amplifed Consumer Price Index) as determined by the Brazilian Institute of Geography and Statistics. The original face is BRL 1,569,000 and the current face is BRL 2,663,680.

A summary of obligations under these financial instruments at January 31, 2008 is as follows:

Forward Foreign Currency Exchange Contracts

Sales

			Net Unrealized
Settlement			Appreciation
Date(s)	Deliver	In Exchange For	(Depreciation)
2/29/08	British Pound Sterling 7,215,989	United States Dollar 14,334,561	10,638
2/04/08	Canadian Dollar 4,020,000	United States Dollar 4,072,020	85,022
2/11/08	Canadian Dollar 2,957,000	United States Dollar 2,942,933	10,734
2/05/08	Egyptian Pound 297	United States Dollar 54	0
2/01/08	Euro 100,000	United States Dollar 148,600	540
2/29/08	Euro 31,433,448	United States Dollar 46,428,617	(80,855		)
2/04/08	Icelandic Krona 135,311,700	Euro 1,397,126	(12,332		)
2/05/08	New Zealand Dollar 5,038,110	United States Dollar 3,870,175	(76,102		)
2/07/08	South African Rand 35,825,288	United States Dollar 4,965,046	190,693
			$	128,338

Purchases

			Net Unrealized
Settlement			Appreciation
Date(s)	Acquire	In Exchange for	(Depreciation)
2/25/08	Botswana Pula 542,000	United States Dollar 86,406	$	(613	)
4/30/08	Botswana Pula 2,160,000	United States Dollar 344,520	(7,298		)
3/04/08	Brazilian Real 8,650,243	United States Dollar 4,833,356	49,316
2/14/08	Egyptian Pound 26,261,325	United States Dollar 4,788,455	(61,883		)
2/04/08	Euro 70,781	United States Dollar 105,301	(503		)
2/29/08	Euro 100,000	United States Dollar 148,494	(532		)
2/04/08	Icelandic Krona 135,311,700	Euro 1,467,907	(92,466		)
2/11/08	Icelandic Krona 164,572,000	Euro 1,784,617	(116,098		)
2/19/08	Icelandic Krona 135,311,700	Euro 1,406,289	(9,526		)
2/25/08	Icelandic Krona 270,623,400	Euro 2,785,911	13,820
3/04/08	Icelandic Krona 135,311,700	Euro 1,386,618	11,910
2/14/08	Indian Rupee 68,500,000	United States Dollar 1,743,003	(4,519		)

2/19/08	Indian Rupee 68,841,000	United States Dollar 1,745,904	$		632
2/25/08	Indian Rupee 137,250,000	United States Dollar 3,475,563	5,110
3/03/08	Indian Rupee 69,042,000	United States Dollar 1,751,446	(1,378			)
2/11/08	Indonesian Rupiah 36,929,375,000	United States Dollar 3,891,809	98,890
2/19/08	Indonesian Rupiah 16,026,000,000	United States Dollar 1,683,934	46,310
2/26/08	Indonesian Rupiah 15,000,000,000	United States Dollar 1,611,171	7,015
10/14/08	Kazakh Tenge 251,700,000	United States Dollar 2,013,600	(22,551			)
2/22/08	Kenyan Shilling 10,000,000	United States Dollar 144,959	(6,073			)
3/05/08	Kenyan Shilling 19,865,000	United States Dollar 318,528	(42,636			)
2/11/08	Malaysian Ringgit 13,500,000	United States Dollar 4,118,742	53,421
2/19/08	Malaysian Ringgit 17,300,000	United States Dollar 5,323,241	22,798
2/25/08	Malaysian Ringgit 5,880,000	United States Dollar 1,792,792	24,113
3/03/08	Malaysian Ringgit 17,250,000	United States Dollar 5,285,736	44,025
3/10/08	Malaysian Ringgit 12,000,000	United States Dollar 3,709,772	(2,449			)
2/22/08	Mauritian Rupee 11,800,000	United States Dollar 411,293	1,785
2/22/08	Mexican Peso 19,200,000	United States Dollar 1,749,383	22,140
2/28/08	Mexican Peso 18,600,000	United States Dollar 1,701,427	13,738
2/04/08	New Turkish Lira 6,209,291	United States Dollar 5,270,598	13,750
2/28/08	New Turkish Lira 3,687,131	United States Dollar 3,083,848	28,940
2/08/08	Philippine Peso 129,250,000	United States Dollar 3,184,674	1,429
2/15/08	Philippine Peso 129,250,000	United States Dollar 3,155,286	29,197
2/22/08	Philippine Peso 129,250,000	United States Dollar 3,144,845	38,020
2/29/08	Philippine Peso 129,250,000	United States Dollar 3,178,487	2,761
2/07/08	Polish Zloty 11,806,250	Euro 3,269,510	5,346
2/14/08	Polish Zloty 13,061,250	Euro 3,626,815	(9,790			)
2/21/08	Polish Zloty 13,061,250	Euro 3,622,490	(4,645			)
2/29/08	Polish Zloty 11,806,250	Euro 3,260,629	14,910
2/19/08	Romanian Leu 4,370,000	Euro 1,179,328	(11,229			)
4/04/08	Ugandan Shilling 1,124,090,089	United States Dollar 631,919	14,803
2/07/08	Zambian Kwacha 712,500,000	United States Dollar 173,133	14,522
5/07/08	Zambian Kwacha 712,500,000	United States Dollar 181,529	3,171
			$	187,683

At January 31, 2008, closed forward foreign currency purchases and sales, excluded above, amounted to a receivable of $208,902 and a payable of $66,421.

Futures Contracts

Expiration			Aggregate						Net Unrealized
Date	Contracts	Position	Cost			Value			Depreciation
3/08	21 Japan 10 Year Bond	Short	$	(26,915,567	)	$	(27,252,104	)	$	(336,537	)

Description of the underlying instruments to futures contracts: Japanese Government Bonds (JGB) having a maturity of 7 years or more but less than 11 years.

Credit Default Swaps

Counterparty	Reference Entity	Buy/ Sell	Notional Amount (000’s omitted)		Pay/Receive Annual Fixed Rate	Termination Date	Net Unrealized Appreciation (Depreciation)
Credit Suisse First Boston, Inc.:	Turkey (Republic of)	Buy	$	10,000	2.01%	3/20/10	$	(182,512	)

	Philippines (Republic of the)	Buy	5,000		2.15	9/20/11	(62,459		)

	Italy	Buy	6,800		0.20	12/20/16	130,432

	Turkey (Republic of)	Buy	880		2.11	1/20/13	(2,750		)

JPMorgan Chase Bank:	Indonesia	Buy	10,000		2.09	9/20/11	(99,999		)

	Philippines (Republic of the)	Buy	5,000		2.17	9/20/11	(65,824		)

	Turkey (Republic of)	Buy	10,000		2.00	3/20/10	(180,449		)

	Turkey (Republic of)	Buy	3,740		2.12	1/20/13	(13,337		)

Barclays Bank PLC:	Turkey (Republic of)	Buy	900		2.13	1/20/13	(3,606		)

	Turkey (Republic of)	Buy	1,100		2.12	1/20/13	(3,922		)

							$	(484,426	)

Interest Rate Swaps

Counterparty

Notional
Amount

Fund
Pay/Receive
Floating Rate

Floating Rate
Index

Annual
Fixed
Rate

Termination Date

Net
Unrealized
Appreciation
(Depreciation)

Barclays Bank
PLC

12,000,000
MYR

Pay

KLIBOR

3.85%

3/27/12

5,975

JP Morgan Chase
Bank:

3,693,637
BRL

Pay

Brazilian Interbank
Deposit Rate

12.73%

1/2/12

5,848

4,309,749
BRL

Pay

Brazilian Interbank
Deposit Rate

10.35%

1/2/12

(235,602

)

10,259,445
BRL

Pay

Brazilian Interbank
Deposit Rate

11.34%

1/2/09

(47,780

)

Merrill Lynch
Capital Services

80,500,000
INR

Receive

MIBOR

7.85%

3/30/12

(94,840

)

(366,395

)

At January 31, 2008, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

BRL		Brazilian Real

INR		Indian Rupee

MYR		Malaysian Ringgit

KLIBOR		Kuala Lumpur Interbank Offered Rate

MIBOR		Mumbai Interbank Offered Rate

The cost and unrealized appreciation (depreciation) of investments of the Fund at January 31, 2008, as determined on a federal income tax basis, were as follows:

Aggregate cost	$	506,086,302
Gross unrealized appreciation	$	12,476,033
Gross unrealized depreciation	(15,252,124		)
Net unrealized depreciation	$	(2,776,091	)

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 Short Duration Diversified Income Fund

By:		/s/ Payson F. Swaffield
		Payson F. Swaffield
		President

Date:		March 11, 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/ Payson F. Swaffield
		Payson F. Swaffield
		President

Date:		March 11, 2008

By:		/s/ Barbara E. Campbell
		Barbara E. Campbell
		Treasurer

Date:		March 11, 2008