Holdings of the Fund as of 1/8/2026
Total Number of Holdings (excluding cash): 97
| Kohl's Corporation |
KSS |
500255104 |
Consumer Discretionary |
1,761,125 |
$38,322,080.00 |
3.74% |
| Kiwoom Securities Co., Ltd. |
039490.KS |
Y4801C109 |
Financials |
96,325 |
$20,341,769.01 |
1.98% |
| Phoenix Group Holdings Plc |
PHNX.LN |
G7S8MZ109 |
Financials |
1,904,562 |
$19,025,910.01 |
1.86% |
| Enagas S.A. |
ENG.SM |
E41759106 |
Utilities |
1,084,611 |
$17,609,294.23 |
1.72% |
| Italgas SpA |
IG.IM |
T6R89Z103 |
Utilities |
1,356,301 |
$16,655,499.30 |
1.63% |
| Spark New Zealand Limited |
SPK.NZ |
Q8619N107 |
Communication Services |
12,104,401 |
$16,006,706.14 |
1.56% |
| Samsung Securities Co., Ltd. |
016360.KS |
Y7486Y106 |
Financials |
288,389 |
$15,240,291.67 |
1.49% |
| A.P. Moeller - Maersk A/S (Class A) |
MAERSKA.DC |
K0514G135 |
Industrials |
6,396 |
$15,088,996.11 |
1.47% |
| BCE Inc. |
BCE.CN |
05534B760 |
Communication Services |
594,915 |
$14,124,490.36 |
1.38% |
| Woori Financial Group Inc. |
316140.KS |
Y972JZ105 |
Financials |
748,441 |
$14,052,166.88 |
1.37% |
| Aberdeen Group PLC |
ABDN.LN |
G0152L102 |
Financials |
4,997,204 |
$13,979,033.75 |
1.36% |
| Henderson Land Development Company Limited |
12.HK |
Y31476107 |
Real Estate |
3,692,489 |
$13,912,878.53 |
1.36% |
| Peyto Exploration & Development Corp. |
PEY.CN |
717046106 |
Energy |
894,167 |
$13,843,258.86 |
1.35% |
| Repsol, S.A. |
REP.SM |
E8471S130 |
Energy |
721,908 |
$13,760,243.50 |
1.34% |
| Fortescue Ltd. |
FMG.AU |
Q39360104 |
Materials |
891,275 |
$13,580,230.63 |
1.33% |
| Hyundai Motor Company (2nd Preference) |
005387.KS |
Y38472224 |
Consumer Discretionary |
85,719 |
$13,318,118.24 |
1.30% |
| British American Tobacco p.l.c. |
BATS.LN |
G1510J102 |
Consumer Staples |
245,756 |
$13,240,910.59 |
1.29% |
| CaixaBank, S.A. |
CABK.SM |
E2427M123 |
Financials |
1,071,872 |
$13,050,290.61 |
1.27% |
| NN Group N.V. |
NN.NA |
N64038107 |
Financials |
169,188 |
$13,029,626.97 |
1.27% |
| OneMain Holdings, Inc. |
OMF |
68268W103 |
Financials |
183,680 |
$13,048,627.20 |
1.27% |
| Laurentian Bank of Canada |
LB.CN |
51925D106 |
Financials |
445,105 |
$12,802,615.17 |
1.25% |
| Mapfre S.A. |
MAP.SM |
E7347B107 |
Financials |
2,550,243 |
$12,717,047.59 |
1.24% |
| Labrador Iron Ore Royalty Corp. |
LIF.CN |
505440107 |
Materials |
564,226 |
$12,488,159.41 |
1.22% |
| GS Holdings |
078930.KS |
Y2901P103 |
Industrials |
321,124 |
$12,345,997.59 |
1.20% |
| Bayerische Motoren Werke AG (Preference) |
BMW3.GY |
D12096125 |
Consumer Discretionary |
112,379 |
$12,052,299.71 |
1.18% |
| Sino Land Company Limited |
83.HK |
Y80267126 |
Real Estate |
8,722,384 |
$11,854,217.53 |
1.16% |
| Legal & General Group Plc |
LGEN.LN |
G54404127 |
Financials |
3,287,884 |
$11,706,625.06 |
1.14% |
| Ford Motor Company |
F |
345370860 |
Consumer Discretionary |
804,926 |
$11,590,934.40 |
1.13% |
| Sirius Real Estate Ltd. |
SRE.LN |
G8187C104 |
Real Estate |
8,588,823 |
$11,563,005.31 |
1.13% |
| Volkswagen AG (Preference Shares) |
VOW3.GY |
D94523103 |
Consumer Discretionary |
96,870 |
$11,489,418.44 |
1.12% |
| Swire Properties Limited |
1972.HK |
Y83191109 |
Real Estate |
4,177,657 |
$11,366,071.19 |
1.11% |
| PCCW Limited |
8.HK |
Y6802P120 |
Communication Services |
15,841,350 |
$11,120,421.40 |
1.09% |
| Poste Italiane SpA |
PST.IM |
T7S697106 |
Financials |
427,235 |
$11,145,046.50 |
1.09% |
| DB Insurance Co., Ltd. |
005830.KS |
Y2096K109 |
Financials |
129,618 |
$11,038,320.71 |
1.08% |
| Hana Financial Group Inc. |
086790.KS |
Y29975102 |
Financials |
174,711 |
$11,062,543.26 |
1.08% |
| Hang Seng Bank Limited |
11.HK |
Y30327103 |
Financials |
553,540 |
$10,932,748.58 |
1.07% |
| Chow Tai Fook Jewellery Group Limited |
1929.HK |
G21146108 |
Consumer Discretionary |
6,619,676 |
$10,839,996.43 |
1.06% |
| Eni SpA |
ENI.IM |
T3643A145 |
Energy |
589,938 |
$10,811,751.59 |
1.05% |
| Kia Corporation |
000270.KS |
Y47601102 |
Consumer Discretionary |
125,209 |
$10,774,998.24 |
1.05% |
| OMV AG |
OMV.AV |
A51460110 |
Energy |
195,784 |
$10,757,514.91 |
1.05% |
| Bankinter, S.A. |
BKT.SM |
E2116H880 |
Financials |
647,027 |
$10,621,708.08 |
1.04% |
| The Bank of Nova Scotia |
BNS.CN |
064149107 |
Financials |
146,362 |
$10,672,927.37 |
1.04% |
| iM Financial Group Co., Inc. |
139130.KS |
Y2058E109 |
Financials |
1,015,682 |
$10,399,100.81 |
1.01% |
| LOGISTA INTEGRAL SA |
LOG.SM |
E0304S106 |
Industrials |
289,238 |
$10,392,754.95 |
1.01% |
| Carrefour S.A. |
CA.FP |
F13923119 |
Consumer Staples |
609,738 |
$10,208,478.01 |
1.00% |
| Aperam S.A. |
APAM.NA |
L0187K107 |
Materials |
243,688 |
$10,096,174.79 |
0.99% |
| ASR Nederland N.V. |
ASRNL.NA |
N0709G103 |
Financials |
142,643 |
$10,190,924.33 |
0.99% |
| Industrial Bank of Korea (IBK) |
024110.KS |
Y3994L108 |
Financials |
723,212 |
$10,115,349.30 |
0.99% |
| LG Uplus Corp. |
032640.KS |
Y5293P102 |
Communication Services |
1,010,014 |
$9,993,118.94 |
0.98% |
| BOC Hong Kong (Holdings) Limited |
2388.HK |
Y0920U103 |
Financials |
2,002,931 |
$9,942,467.59 |
0.97% |
| Fortum Oyj |
FORTUM.FH |
X2978Z118 |
Utilities |
453,070 |
$9,910,743.06 |
0.97% |
| BNK Financial Group Inc. |
138930.KS |
Y0R7ZV102 |
Financials |
928,165 |
$9,803,622.14 |
0.96% |
| Rio Tinto Plc |
RIO.LN |
G75754104 |
Materials |
117,110 |
$9,746,182.31 |
0.95% |
| The Western Union Company |
WU |
959802109 |
Financials |
990,999 |
$9,632,510.28 |
0.94% |
| BOC Aviation Limited |
2588.HK |
Y09292106 |
Industrials |
940,091 |
$9,573,231.38 |
0.93% |
| Mercedes-Benz Group AG |
MBG.GY |
D1668R123 |
Consumer Discretionary |
136,968 |
$9,568,452.46 |
0.93% |
| First Interstate BancSystem, Inc. |
FIBK |
32055Y201 |
Financials |
251,633 |
$9,441,270.16 |
0.92% |
| Franklin Resources, Inc. |
BEN |
354613101 |
Financials |
371,734 |
$9,460,630.30 |
0.92% |
| Ageas S.A./N.V. |
AGS.BB |
B0148L138 |
Financials |
133,566 |
$9,313,674.21 |
0.91% |
| Investec Plc |
INVP.LN |
G49188116 |
Financials |
1,225,864 |
$9,322,407.28 |
0.91% |
| DNB Bank ASA |
DNB.NO |
R1R15X100 |
Financials |
334,371 |
$9,184,831.00 |
0.90% |
| KT&G Corporation |
033780.KS |
Y49904108 |
Consumer Staples |
93,552 |
$9,185,169.32 |
0.90% |
| Porsche Automobil Holding SE |
PAH3.GY |
D6240C122 |
Consumer Discretionary |
204,134 |
$9,187,577.57 |
0.90% |
| Altria Group, Inc. |
MO |
02209S103 |
Consumer Staples |
159,141 |
$8,895,981.90 |
0.87% |
| IGM Financial Inc. |
IGM.CN |
449586106 |
Financials |
193,689 |
$8,902,306.54 |
0.87% |
| Telia Company AB |
TELIA.SS |
W95890104 |
Communication Services |
2,087,722 |
$8,965,094.42 |
0.87% |
| Japan Tobacco, Inc. |
2914.JP |
J27869106 |
Consumer Staples |
241,570 |
$8,818,713.38 |
0.86% |
| CK Hutchison Holdings Limited |
1.HK |
G21765105 |
Industrials |
1,239,177 |
$8,762,472.56 |
0.85% |
| Canadian Imperial Bank of Commerce |
CM.CN |
136069101 |
Financials |
92,834 |
$8,514,894.22 |
0.83% |
| IG Group Holdings Plc |
IGG.LN |
G4753Q106 |
Financials |
481,678 |
$8,536,325.27 |
0.83% |
| Power Corporation of Canada |
POW.CN |
739239101 |
Financials |
161,346 |
$8,429,595.02 |
0.82% |
| Canadian Utilities Limited (Class A) |
CU.CN |
136717832 |
Utilities |
260,837 |
$8,074,538.24 |
0.79% |
| Telefonica, S.A. |
TEF.SM |
879382109 |
Communication Services |
1,950,844 |
$7,850,654.13 |
0.77% |
| Stella International Holdings Limited |
1836.HK |
G84698102 |
Consumer Discretionary |
4,018,440 |
$7,745,851.22 |
0.76% |
| Northwest Bancshares, Inc. |
NWBI |
667340103 |
Financials |
623,654 |
$7,733,309.60 |
0.75% |
| TELUS Corporation |
T.CN |
87971M103 |
Communication Services |
568,614 |
$7,593,009.61 |
0.74% |
| Naturgy Energy Group, S.A. |
NTGY.SM |
E7S90S109 |
Utilities |
251,308 |
$7,519,038.32 |
0.73% |
| Universal Corporation |
UVV |
913456109 |
Consumer Staples |
137,634 |
$7,468,020.84 |
0.73% |
| TC Energy Corporation |
TRP.CN |
87807B107 |
Energy |
138,325 |
$7,401,486.39 |
0.72% |
| Great-West Lifeco Inc. |
GWO.CN |
39138C106 |
Financials |
150,595 |
$7,324,690.58 |
0.71% |
| Harvey Norman Holdings Limited |
HVN.AU |
Q4525E117 |
Consumer Discretionary |
1,611,795 |
$7,167,899.32 |
0.70% |
| Samsung Fire & Marine Insurance Co., Ltd. |
000810.KS |
Y7473H108 |
Financials |
22,002 |
$7,147,646.78 |
0.70% |
| Verizon Communications Inc. |
VZ |
92343V104 |
Communication Services |
177,734 |
$7,210,668.38 |
0.70% |
| Super Retail Group Limited |
SUL.AU |
Q88009107 |
Consumer Discretionary |
676,918 |
$7,040,792.36 |
0.69% |
| TotalEnergies SE |
TTE.FP |
F92124100 |
Energy |
110,461 |
$6,869,869.79 |
0.67% |
| Verallia |
VRLA.FP |
F96976117 |
Materials |
257,448 |
$6,880,878.65 |
0.67% |
| Freenet AG |
FNTN.GY |
D3689Q134 |
Communication Services |
193,909 |
$6,678,260.65 |
0.65% |
| A2A S.p.A. |
A2A.IM |
T0579B105 |
Utilities |
2,321,763 |
$6,562,505.02 |
0.64% |
| CK Infrastructure Holdings Limited |
1038.HK |
G2178K100 |
Utilities |
851,898 |
$6,510,451.29 |
0.64% |
| Bank of Queensland Limited |
BOQ.AU |
Q12764116 |
Financials |
1,489,236 |
$6,483,222.18 |
0.63% |
| Prudential Financial, Inc. |
PRU |
744320102 |
Financials |
53,521 |
$6,354,013.12 |
0.62% |
| Zurich Insurance Group AG |
ZURN.SW |
H9870Y105 |
Financials |
8,656 |
$6,380,899.72 |
0.62% |
| Red Electrica Corporacion S.A. |
RED.SM |
E42807110 |
Utilities |
311,708 |
$5,603,699.53 |
0.55% |
| LyondellBasell Industries N.V. |
LYB |
N53745100 |
Materials |
109,792 |
$5,230,490.88 |
0.51% |
| Swiss Re AG |
SREN.SW |
H8431B109 |
Financials |
32,451 |
$5,239,729.55 |
0.51% |
| BASF SE |
BAS.GY |
D06216317 |
Materials |
95,685 |
$4,940,883.13 |
0.48% |
| B&M European Value Retail SA |
BME.LN |
L1175H106 |
Consumer Discretionary |
1,835,507 |
$4,204,843.06 |
0.41% |
| US Dollar |
$USD |
|
Other |
979,232 |
$979,231.53 |
0.10% |
| Canadian Dollar |
$CAD |
|
Other |
1,134,940 |
$818,742.13 |
0.08% |
| Euro |
$EUR |
|
Other |
185,289 |
$216,046.99 |
0.02% |
| Pound Sterling |
$GBP |
|
Other |
146,047 |
$196,345.14 |
0.02% |
| Danish Krone |
$DKK |
|
Other |
0 |
$0.02 |
0.00% |
| Hong Kong Dollar |
$HKD |
|
Other |
0 |
$0.00 |
0.00% |
| New Israeli Shekel |
$ILS |
|
Other |
660 |
$207.80 |
0.00% |
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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