Holdings of the Fund as of 12/17/2025
Total Number of Holdings (excluding cash): 97
| Kohl's Corporation |
KSS |
500255104 |
Consumer Discretionary |
1,729,519 |
$38,810,406.36 |
3.93% |
| Phoenix Group Holdings Plc |
PHNX.LN |
G7S8MZ109 |
Financials |
1,870,380 |
$17,944,790.80 |
1.82% |
| Kiwoom Securities Co., Ltd. |
039490.KS |
Y4801C109 |
Financials |
94,595 |
$17,482,804.17 |
1.77% |
| Enagas S.A. |
ENG.SM |
E41759106 |
Utilities |
1,065,145 |
$16,849,403.08 |
1.71% |
| Spark New Zealand Limited |
SPK.NZ |
Q8619N107 |
Communication Services |
11,887,161 |
$15,429,339.18 |
1.56% |
| Samsung Securities Co., Ltd. |
016360.KS |
Y7486Y106 |
Financials |
283,211 |
$14,939,991.73 |
1.51% |
| Italgas SpA |
IG.IM |
T6R89Z103 |
Utilities |
1,331,946 |
$14,543,199.34 |
1.47% |
| A.P. Moeller - Maersk A/S (Class A) |
MAERSKA.DC |
K0514G135 |
Industrials |
6,282 |
$14,188,085.18 |
1.44% |
| Peyto Exploration & Development Corp. |
PEY.CN |
717046106 |
Energy |
878,114 |
$14,078,372.61 |
1.43% |
| British American Tobacco p.l.c. |
BATS.LN |
G1510J102 |
Consumer Staples |
241,342 |
$13,780,315.56 |
1.40% |
| Woori Financial Group Inc. |
316140.KS |
Y972JZ105 |
Financials |
735,002 |
$13,729,305.61 |
1.39% |
| BCE Inc. |
BCE.CN |
05534B760 |
Communication Services |
584,235 |
$13,528,814.35 |
1.37% |
| Henderson Land Development Company Limited |
12.HK |
Y31476107 |
Real Estate |
3,626,195 |
$13,543,562.20 |
1.37% |
| Aberdeen Group PLC |
ABDN.LN |
G0152L102 |
Financials |
4,907,518 |
$13,016,866.09 |
1.32% |
| Fortescue Ltd. |
FMG.AU |
Q39360104 |
Materials |
875,281 |
$12,928,707.92 |
1.31% |
| Repsol, S.A. |
REP.SM |
E8471S130 |
Energy |
708,954 |
$12,933,977.41 |
1.31% |
| CaixaBank, S.A. |
CABK.SM |
E2427M123 |
Financials |
1,052,635 |
$12,678,198.04 |
1.29% |
| Laurentian Bank of Canada |
LB.CN |
51925D106 |
Financials |
437,119 |
$12,681,200.59 |
1.29% |
| NN Group N.V. |
NN.NA |
N64038107 |
Financials |
166,151 |
$12,498,347.70 |
1.27% |
| Mapfre S.A. |
MAP.SM |
E7347B107 |
Financials |
2,504,472 |
$12,407,394.29 |
1.26% |
| Labrador Iron Ore Royalty Corp. |
LIF.CN |
505440107 |
Materials |
554,099 |
$12,248,110.67 |
1.24% |
| OneMain Holdings, Inc. |
OMF |
68268W103 |
Financials |
180,380 |
$12,258,624.80 |
1.24% |
| GS Holdings |
078930.KS |
Y2901P103 |
Industrials |
315,359 |
$11,953,339.86 |
1.21% |
| Bayerische Motoren Werke AG (Preference) |
BMW3.GY |
D12096125 |
Consumer Discretionary |
110,360 |
$11,877,845.35 |
1.20% |
| Hyundai Motor Company (2nd Preference) |
005387.KS |
Y38472224 |
Consumer Discretionary |
84,180 |
$11,706,286.35 |
1.19% |
| PCCW Limited |
8.HK |
Y6802P120 |
Communication Services |
15,556,491 |
$11,676,490.60 |
1.18% |
| Volkswagen AG (Preference Shares) |
VOW3.GY |
D94523103 |
Consumer Discretionary |
95,130 |
$11,638,206.28 |
1.18% |
| Sino Land Company Limited |
83.HK |
Y80267126 |
Real Estate |
8,565,971 |
$11,317,460.96 |
1.15% |
| Swire Properties Limited |
1972.HK |
Y83191109 |
Real Estate |
4,102,593 |
$11,047,273.77 |
1.12% |
| Legal & General Group Plc |
LGEN.LN |
G54404127 |
Financials |
3,228,877 |
$10,914,030.41 |
1.11% |
| DB Insurance Co., Ltd. |
005830.KS |
Y2096K109 |
Financials |
127,291 |
$10,794,119.66 |
1.09% |
| Hana Financial Group Inc. |
086790.KS |
Y29975102 |
Financials |
171,574 |
$10,720,990.72 |
1.09% |
| Hang Seng Bank Limited |
11.HK |
Y30327103 |
Financials |
543,557 |
$10,705,246.59 |
1.09% |
| Eni SpA |
ENI.IM |
T3643A145 |
Energy |
579,345 |
$10,678,616.33 |
1.08% |
| Ford Motor Company |
F |
345370860 |
Consumer Discretionary |
790,483 |
$10,521,328.73 |
1.07% |
| Sirius Real Estate Ltd. |
SRE.LN |
G8187C104 |
Real Estate |
8,434,675 |
$10,527,548.05 |
1.07% |
| Bankinter, S.A. |
BKT.SM |
E2116H880 |
Financials |
635,414 |
$10,482,693.00 |
1.06% |
| Chow Tai Fook Jewellery Group Limited |
1929.HK |
G21146108 |
Consumer Discretionary |
6,500,663 |
$10,477,881.47 |
1.06% |
| OMV AG |
OMV.AV |
A51460110 |
Energy |
192,269 |
$10,443,697.31 |
1.06% |
| Poste Italiane SpA |
PST.IM |
T7S697106 |
Financials |
419,562 |
$10,313,854.47 |
1.05% |
| LG Uplus Corp. |
032640.KS |
Y5293P102 |
Communication Services |
991,876 |
$10,272,185.28 |
1.04% |
| The Bank of Nova Scotia |
BNS.CN |
064149107 |
Financials |
143,735 |
$10,271,932.05 |
1.04% |
| Carrefour S.A. |
CA.FP |
F13923119 |
Consumer Staples |
598,792 |
$10,058,410.81 |
1.02% |
| Kia Corporation |
000270.KS |
Y47601102 |
Consumer Discretionary |
122,960 |
$10,021,102.60 |
1.02% |
| Industrial Bank of Korea (IBK) |
024110.KS |
Y3994L108 |
Financials |
710,226 |
$10,004,029.20 |
1.01% |
| ASR Nederland N.V. |
ASRNL.NA |
N0709G103 |
Financials |
140,080 |
$9,776,281.97 |
0.99% |
| iM Financial Group Co., Inc. |
139130.KS |
Y2058E109 |
Financials |
997,442 |
$9,798,030.60 |
0.99% |
| Aperam S.A. |
APAM.NA |
L0187K107 |
Materials |
239,310 |
$9,697,202.11 |
0.98% |
| BNK Financial Group Inc. |
138930.KS |
Y0R7ZV102 |
Financials |
911,498 |
$9,678,064.23 |
0.98% |
| LOGISTA INTEGRAL SA |
LOG.SM |
E0304S106 |
Industrials |
284,049 |
$9,685,719.47 |
0.98% |
| BOC Hong Kong (Holdings) Limited |
2388.HK |
Y0920U103 |
Financials |
1,966,765 |
$9,586,343.93 |
0.97% |
| Mercedes-Benz Group AG |
MBG.GY |
D1668R123 |
Consumer Discretionary |
134,510 |
$9,449,988.05 |
0.96% |
| Porsche Automobil Holding SE |
PAH3.GY |
D6240C122 |
Consumer Discretionary |
200,468 |
$9,438,111.18 |
0.96% |
| The Western Union Company |
WU |
959802109 |
Financials |
973,214 |
$9,391,515.10 |
0.95% |
| Altria Group, Inc. |
MO |
02209S103 |
Consumer Staples |
156,284 |
$9,248,887.12 |
0.94% |
| Fortum Oyj |
FORTUM.FH |
X2978Z118 |
Utilities |
444,935 |
$9,201,522.39 |
0.93% |
| Ageas S.A./N.V. |
AGS.BB |
B0148L138 |
Financials |
131,169 |
$9,070,552.66 |
0.92% |
| KT&G Corporation |
033780.KS |
Y49904108 |
Consumer Staples |
91,871 |
$9,023,826.82 |
0.91% |
| Japan Tobacco, Inc. |
2914.JP |
J27869106 |
Consumer Staples |
237,070 |
$8,830,941.04 |
0.90% |
| Rio Tinto Plc |
RIO.LN |
G75754104 |
Materials |
115,006 |
$8,861,912.86 |
0.90% |
| BOC Aviation Limited |
2588.HK |
Y09292106 |
Industrials |
923,136 |
$8,758,512.41 |
0.89% |
| DNB Bank ASA |
DNB.NO |
R1R15X100 |
Financials |
328,367 |
$8,824,428.86 |
0.89% |
| First Interstate BancSystem, Inc. |
FIBK |
32055Y201 |
Financials |
247,120 |
$8,782,644.80 |
0.89% |
| Franklin Resources, Inc. |
BEN |
354613101 |
Financials |
365,057 |
$8,640,899.19 |
0.88% |
| Investec Plc |
INVP.LN |
G49188116 |
Financials |
1,203,861 |
$8,633,584.06 |
0.88% |
| IGM Financial Inc. |
IGM.CN |
449586106 |
Financials |
190,217 |
$8,561,116.37 |
0.87% |
| Telia Company AB |
TELIA.SS |
W95890104 |
Communication Services |
2,050,231 |
$8,477,465.93 |
0.86% |
| Canadian Imperial Bank of Commerce |
CM.CN |
136069101 |
Financials |
91,166 |
$8,348,429.10 |
0.85% |
| CK Hutchison Holdings Limited |
1.HK |
G21765105 |
Industrials |
1,216,750 |
$8,415,936.39 |
0.85% |
| Power Corporation of Canada |
POW.CN |
739239101 |
Financials |
158,454 |
$8,289,111.50 |
0.84% |
| Stella International Holdings Limited |
1836.HK |
G84698102 |
Consumer Discretionary |
3,946,354 |
$8,150,659.90 |
0.83% |
| IG Group Holdings Plc |
IGG.LN |
G4753Q106 |
Financials |
473,032 |
$8,118,819.52 |
0.82% |
| Canadian Utilities Limited (Class A) |
CU.CN |
136717832 |
Utilities |
256,157 |
$7,920,068.82 |
0.80% |
| Telefonica, S.A. |
TEF.SM |
879382109 |
Communication Services |
1,915,834 |
$7,848,081.22 |
0.80% |
| Northwest Bancshares, Inc. |
NWBI |
667340103 |
Financials |
612,465 |
$7,815,053.40 |
0.79% |
| Universal Corporation |
UVV |
913456109 |
Consumer Staples |
135,163 |
$7,451,536.19 |
0.76% |
| Harvey Norman Holdings Limited |
HVN.AU |
Q4525E117 |
Consumer Discretionary |
1,582,872 |
$7,306,421.04 |
0.74% |
| TC Energy Corporation |
TRP.CN |
87807B107 |
Energy |
135,847 |
$7,338,078.68 |
0.74% |
| Naturgy Energy Group, S.A. |
NTGY.SM |
E7S90S109 |
Utilities |
246,795 |
$7,166,396.81 |
0.73% |
| Samsung Fire & Marine Insurance Co., Ltd. |
000810.KS |
Y7473H108 |
Financials |
21,605 |
$7,170,779.49 |
0.73% |
| Great-West Lifeco Inc. |
GWO.CN |
39138C106 |
Financials |
147,897 |
$7,142,449.93 |
0.72% |
| TELUS Corporation |
T.CN |
87971M103 |
Communication Services |
558,407 |
$7,064,909.71 |
0.72% |
| TotalEnergies SE |
TTE.FP |
F92124100 |
Energy |
108,477 |
$7,062,101.54 |
0.72% |
| Verizon Communications Inc. |
VZ |
92343V104 |
Communication Services |
174,541 |
$7,135,236.08 |
0.72% |
| Super Retail Group Limited |
SUL.AU |
Q88009107 |
Consumer Discretionary |
664,773 |
$6,967,873.49 |
0.71% |
| Verallia |
VRLA.FP |
F96976117 |
Materials |
252,825 |
$6,897,006.20 |
0.70% |
| Freenet AG |
FNTN.GY |
D3689Q134 |
Communication Services |
190,426 |
$6,479,683.05 |
0.66% |
| Zurich Insurance Group AG |
ZURN.SW |
H9870Y105 |
Financials |
8,500 |
$6,319,832.12 |
0.64% |
| Bank of Queensland Limited |
BOQ.AU |
Q12764116 |
Financials |
1,462,506 |
$6,182,796.57 |
0.63% |
| Prudential Financial, Inc. |
PRU |
744320102 |
Financials |
52,566 |
$6,080,834.88 |
0.62% |
| A2A S.p.A. |
A2A.IM |
T0579B105 |
Utilities |
2,280,070 |
$6,033,899.04 |
0.61% |
| CK Infrastructure Holdings Limited |
1038.HK |
G2178K100 |
Utilities |
836,946 |
$5,908,174.20 |
0.60% |
| Red Electrica Corporacion S.A. |
RED.SM |
E42807110 |
Utilities |
306,117 |
$5,435,869.36 |
0.55% |
| Swiss Re AG |
SREN.SW |
H8431B109 |
Financials |
31,869 |
$5,162,468.37 |
0.52% |
| BASF SE |
BAS.GY |
D06216317 |
Materials |
93,967 |
$4,868,145.35 |
0.49% |
| LyondellBasell Industries N.V. |
LYB |
N53745100 |
Materials |
107,821 |
$4,718,246.96 |
0.48% |
| B&M European Value Retail SA |
BME.LN |
L1175H106 |
Consumer Discretionary |
1,802,567 |
$4,128,981.45 |
0.42% |
| Canadian Dollar |
$CAD |
|
Other |
493,379 |
$357,831.99 |
0.04% |
| Euro |
$EUR |
|
Other |
253,490 |
$297,597.47 |
0.03% |
| Hong Kong Dollar |
$HKD |
|
Other |
1,421,491 |
$182,687.45 |
0.02% |
| Pound Sterling |
$GBP |
|
Other |
170,005 |
$227,432.61 |
0.02% |
| South Korean Won |
$KRW |
|
Other |
175,633,900 |
$119,065.76 |
0.01% |
| Danish Krone |
$DKK |
|
Other |
0 |
$0.02 |
0.00% |
| New Israeli Shekel |
$ILS |
|
Other |
660 |
$203.61 |
0.00% |
| US Dollar |
$USD |
|
Other |
-2,070,343 |
($2,070,342.54) |
-0.21% |
Holdings are subject to change.
The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.
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