Holdings of the Fund as of 12/15/2025
Total Number of Holdings (excluding cash): 99
| Fujikura Ltd. |
5803.JP |
J14784128 |
Industrials |
46,400 |
$5,287,696.69 |
2.50% |
| Taisei Corporation |
1801.JP |
J79561148 |
Industrials |
52,300 |
$4,807,799.87 |
2.27% |
| Inpex Corporation |
1605.JP |
J2467E101 |
Energy |
217,100 |
$4,511,748.72 |
2.13% |
| Kajima Corporation |
1812.JP |
J29223120 |
Industrials |
116,800 |
$4,415,985.85 |
2.09% |
| Kandenko Co., Ltd. |
1942.JP |
J29653102 |
Industrials |
131,900 |
$4,184,771.52 |
1.98% |
| The Kansai Electric Power Company, Incorporated |
9503.JP |
J30169106 |
Utilities |
257,200 |
$4,156,289.49 |
1.96% |
| Subaru Corporation |
7270.JP |
J7676H100 |
Consumer Discretionary |
174,800 |
$4,032,426.55 |
1.90% |
| Central Japan Railway Company |
9022.JP |
J05523105 |
Industrials |
136,000 |
$3,964,406.82 |
1.87% |
| Suzuki Motor Corporation |
7269.JP |
J78529138 |
Consumer Discretionary |
252,300 |
$3,777,235.77 |
1.78% |
| IHI Corporation |
7013.JP |
J2398N113 |
Industrials |
196,800 |
$3,736,164.17 |
1.76% |
| The Yokohama Rubber Company, Ltd. |
5101.JP |
J97536171 |
Consumer Discretionary |
88,500 |
$3,730,845.64 |
1.76% |
| Kinden Corporation |
1944.JP |
J33093105 |
Industrials |
82,900 |
$3,664,594.83 |
1.73% |
| Kobe Steel, Ltd. |
5406.JP |
J34555250 |
Materials |
279,300 |
$3,643,482.45 |
1.72% |
| Brother Industries, Ltd. |
6448.JP |
114813108 |
Information Technology |
176,400 |
$3,535,243.33 |
1.67% |
| Osaka Gas Co., Ltd. |
9532.JP |
J62320130 |
Utilities |
95,200 |
$3,305,570.55 |
1.56% |
| Sumitomo Corporation |
8053.JP |
J77282119 |
Industrials |
94,300 |
$3,263,993.28 |
1.54% |
| Sugi Holdings Co., Ltd. |
7649.JP |
J7687M106 |
Consumer Staples |
133,500 |
$3,212,126.15 |
1.52% |
| SBI Holdings, Inc. |
8473.JP |
J6991H100 |
Financials |
139,900 |
$3,205,695.75 |
1.51% |
| Open House Group Co., Ltd. |
3288.JP |
J3072G101 |
Consumer Discretionary |
54,000 |
$3,184,383.67 |
1.50% |
| Food & Life Companies Limited |
3563.JP |
J1358G100 |
Consumer Discretionary |
62,700 |
$3,150,524.52 |
1.49% |
| Panasonic Holdings Corporation |
6752.JP |
J6354Y104 |
Consumer Discretionary |
226,100 |
$3,137,378.95 |
1.48% |
| Advantest Corporation |
6857.JP |
J00210104 |
Information Technology |
24,800 |
$3,107,363.12 |
1.47% |
| Asahi Kasei Corporation |
3407.JP |
J0242P110 |
Materials |
342,400 |
$3,099,065.80 |
1.46% |
| Kawasaki Heavy Industries, Ltd. |
7012.JP |
J31502131 |
Industrials |
40,400 |
$3,098,357.20 |
1.46% |
| Chubu Electric Power Company, Incorporated |
9502.JP |
J06510101 |
Utilities |
197,500 |
$3,003,888.48 |
1.42% |
| Kawasaki Kisen Kaisha, Ltd. |
9107.JP |
J31588148 |
Industrials |
215,100 |
$2,979,892.37 |
1.41% |
| Shimizu Corporation |
1803.JP |
J72445117 |
Industrials |
163,700 |
$2,849,935.96 |
1.35% |
| AEON Company, Ltd. |
8267.JP |
J00288100 |
Consumer Staples |
179,100 |
$2,829,024.91 |
1.34% |
| Aisin Corporation |
7259.JP |
J00714105 |
Consumer Discretionary |
142,800 |
$2,848,064.92 |
1.34% |
| Nippon Yusen K.K. |
9101.JP |
J56515232 |
Industrials |
84,800 |
$2,720,482.37 |
1.28% |
| Mitsui O.S.K. Lines, Ltd. |
9104.JP |
J45013133 |
Industrials |
91,200 |
$2,690,797.62 |
1.27% |
| ENEOS Holdings, Inc. |
5020.JP |
J29699105 |
Energy |
368,800 |
$2,650,215.61 |
1.25% |
| Nippon Express Holdings Co., Ltd. |
9147.JP |
J53377107 |
Industrials |
121,600 |
$2,623,429.78 |
1.24% |
| Honda Motor Co., Ltd. |
7267.JP |
J22302111 |
Consumer Discretionary |
252,200 |
$2,614,910.30 |
1.23% |
| Oji Holdings Corporation |
3861.JP |
J6031N109 |
Materials |
484,600 |
$2,597,331.94 |
1.23% |
| Seibu Holdings Inc. |
9024.JP |
J7030Q119 |
Industrials |
85,100 |
$2,599,631.73 |
1.23% |
| Sumitomo Forestry Co., Ltd. |
1911.JP |
J77454122 |
Consumer Discretionary |
241,200 |
$2,537,372.41 |
1.20% |
| Tosoh Corporation |
4042.JP |
J90096132 |
Materials |
166,700 |
$2,526,305.99 |
1.19% |
| Nippon Steel Corporation |
5401.JP |
J55678106 |
Materials |
643,500 |
$2,503,837.93 |
1.18% |
| Ryohin Keikaku Co., Ltd. |
7453.JP |
J6571N105 |
Consumer Discretionary |
126,900 |
$2,475,359.12 |
1.17% |
| Sumitomo Electric Industries, Ltd. |
5802.JP |
J77411114 |
Consumer Discretionary |
56,800 |
$2,426,685.95 |
1.15% |
| Niterra Co. Ltd. |
5334.JP |
J49119100 |
Consumer Discretionary |
55,000 |
$2,413,205.43 |
1.14% |
| Sojitz Corporation |
2768.JP |
J7608R119 |
Industrials |
74,400 |
$2,402,654.72 |
1.13% |
| Kubota Corporation |
6326.JP |
J36662138 |
Industrials |
162,600 |
$2,363,090.54 |
1.12% |
| Japan Post Insurance Co., Ltd. |
7181.JP |
J2800E107 |
Financials |
80,900 |
$2,338,956.22 |
1.10% |
| Persol Holdings Co., Ltd. |
2181.JP |
J6367Q106 |
Industrials |
1,249,500 |
$2,321,412.06 |
1.10% |
| Tokyo Electric Power Company, Incorporated |
9501.JP |
J86914108 |
Utilities |
549,500 |
$2,326,054.50 |
1.10% |
| Isuzu Motors Ltd. |
7202.JP |
J24994113 |
Consumer Discretionary |
144,100 |
$2,279,885.65 |
1.08% |
| Toyota Motor Corporation |
7203.JP |
J92676113 |
Consumer Discretionary |
105,800 |
$2,283,238.06 |
1.08% |
| Konami Group Corporation |
9766.JP |
J3600L101 |
Communication Services |
15,400 |
$2,199,414.73 |
1.04% |
| Kyushu Electric Power Company, Incorporated |
9508.JP |
J38468104 |
Utilities |
204,900 |
$2,203,682.91 |
1.04% |
| Dai Nippon Printing Co., Ltd. |
7912.JP |
J10584142 |
Industrials |
120,400 |
$2,106,575.24 |
0.99% |
| JFE Holdings, Inc. |
5411.JP |
J2817M100 |
Materials |
157,300 |
$2,017,026.55 |
0.95% |
| COSMOS Pharmaceutical Corporation |
3349.JP |
J08959108 |
Consumer Staples |
38,400 |
$1,969,087.49 |
0.93% |
| Fuji Electric Co., Ltd. |
6504.JP |
J14112106 |
Industrials |
26,400 |
$1,961,743.61 |
0.93% |
| Mitsubishi Heavy Industries, Ltd. |
7011.JP |
J44002178 |
Industrials |
73,100 |
$1,920,371.80 |
0.91% |
| Fuji Media Holdings, Inc. |
4676.JP |
J15477102 |
Communication Services |
79,300 |
$1,834,464.51 |
0.87% |
| CyberAgent, Inc. |
4751.JP |
J1046G108 |
Communication Services |
213,100 |
$1,801,787.14 |
0.85% |
| Marubeni Corporation |
8002.JP |
J39788138 |
Industrials |
60,400 |
$1,770,390.44 |
0.84% |
| Mitsui & Co., Ltd. |
8031.JP |
J44690139 |
Industrials |
59,700 |
$1,767,948.27 |
0.83% |
| Japan Airlines Co., Ltd. |
9201.JP |
J25979121 |
Industrials |
89,600 |
$1,677,063.90 |
0.79% |
| Ebara Corporation |
6361.JP |
J12600128 |
Industrials |
63,300 |
$1,538,956.44 |
0.73% |
| BayCurrent, Inc. |
6532.JP |
J0433F103 |
Industrials |
35,600 |
$1,523,703.07 |
0.72% |
| Idemitsu Kosan Co., Ltd. |
5019.JP |
J2388K103 |
Energy |
200,900 |
$1,534,918.59 |
0.72% |
| Toppan Holdings Inc. |
7911.JP |
890747108 |
Industrials |
44,800 |
$1,417,033.87 |
0.67% |
| Tokyo Century Corporation |
8439.JP |
J8671Q103 |
Financials |
108,100 |
$1,392,760.40 |
0.66% |
| NOF Corporation |
4403.JP |
J58934100 |
Materials |
63,600 |
$1,365,977.15 |
0.65% |
| Mitsubishi Chemical Group Corporation |
4188.JP |
J44046100 |
Materials |
232,000 |
$1,362,276.86 |
0.64% |
| Rakuten Bank, Ltd. |
5838.JP |
J6S87A100 |
Financials |
26,600 |
$1,242,853.77 |
0.59% |
| Asics Corporation |
7936.JP |
J03234150 |
Consumer Discretionary |
47,800 |
$1,198,454.21 |
0.57% |
| M3, Inc. |
2413.JP |
J4697J108 |
Health Care |
88,500 |
$1,189,264.06 |
0.56% |
| Seiko Epson Corporation |
6724.JP |
J7030F105 |
Information Technology |
91,900 |
$1,179,303.45 |
0.56% |
| ANA Holdings Inc. |
9202.JP |
J0156Q112 |
Industrials |
62,300 |
$1,162,471.45 |
0.55% |
| Ricoh Company, Ltd. |
7752.JP |
J64683105 |
Information Technology |
128,800 |
$1,151,249.84 |
0.54% |
| Toho Co., Ltd. |
9602.JP |
J84764117 |
Communication Services |
20,600 |
$1,119,633.78 |
0.53% |
| Ajinomoto Co., Inc. |
2802.JP |
J00882126 |
Consumer Staples |
45,000 |
$975,189.96 |
0.46% |
| Bandai Namco Holdings Inc. |
7832.JP |
Y0606D102 |
Consumer Discretionary |
34,000 |
$925,612.34 |
0.44% |
| Toyota Tsusho Corporation |
8015.JP |
J92719111 |
Industrials |
26,900 |
$926,060.69 |
0.44% |
| Obayashi Corporation |
1802.JP |
J59826107 |
Industrials |
40,200 |
$847,603.57 |
0.40% |
| Capcom Co., Ltd. |
9697.JP |
J05187109 |
Communication Services |
35,700 |
$828,155.83 |
0.39% |
| Tokyu Fudosan Holdings Corporation |
3289.JP |
J88764105 |
Real Estate |
85,500 |
$807,735.00 |
0.38% |
| Metaplanet Inc. |
3350.JP |
J1357P101 |
Consumer Discretionary |
266,500 |
$750,238.54 |
0.35% |
| NEC Corporation |
6701.JP |
J48818207 |
Information Technology |
20,800 |
$735,892.85 |
0.35% |
| Otsuka Holdings Co., Ltd. |
4578.JP |
J63117105 |
Health Care |
12,300 |
$736,424.94 |
0.35% |
| Bridgestone Corporation |
5108.JP |
J04578126 |
Consumer Discretionary |
14,900 |
$706,647.45 |
0.33% |
| Mitsubishi HC Capital Inc. |
8593.JP |
J4706D100 |
Financials |
82,900 |
$694,254.34 |
0.33% |
| Mitsui Chemicals, Inc. |
4183.JP |
J4466L136 |
Materials |
26,100 |
$660,270.85 |
0.31% |
| Nippon Television Holdings, Inc. |
9404.JP |
J56171101 |
Communication Services |
26,300 |
$659,400.55 |
0.31% |
| Skylark Holdings Co., Ltd. |
3197.JP |
J75605121 |
Consumer Discretionary |
29,200 |
$659,312.93 |
0.31% |
| Credit Saison Co., Ltd. |
8253.JP |
J7007M109 |
Financials |
22,600 |
$607,252.54 |
0.29% |
| DENSO Corporation |
6902.JP |
J12075107 |
Consumer Discretionary |
45,100 |
$620,290.52 |
0.29% |
| Zensho Holdings Co., Ltd. |
7550.JP |
J9885X108 |
Consumer Discretionary |
10,100 |
$608,155.06 |
0.29% |
| Komatsu Ltd. |
6301.JP |
J35759125 |
Industrials |
18,600 |
$600,304.21 |
0.28% |
| The Japan Steel Works, Ltd. |
5631.JP |
J27743129 |
Industrials |
10,700 |
$567,564.69 |
0.27% |
| Hikari Tsushin, Inc. |
9435.JP |
J1949F108 |
Industrials |
2,000 |
$560,454.00 |
0.26% |
| MatsukiyoCocokara & Co. |
3088.JP |
J41208109 |
Consumer Staples |
29,700 |
$552,840.52 |
0.26% |
| West Japan Railway Company |
9021.JP |
J95094108 |
Industrials |
26,600 |
$530,521.89 |
0.25% |
| Keisei Electric Railway Co., Ltd. |
9009.JP |
J32233108 |
Industrials |
64,300 |
$516,118.86 |
0.24% |
| Kobe Bussan Co., Ltd. |
3038.JP |
J3478K102 |
Consumer Staples |
19,400 |
$495,400.11 |
0.23% |
| US Dollar |
$USD |
|
Other |
109,772 |
$109,771.53 |
0.05% |
| Japanese Yen |
$JPY |
|
Other |
6,968,520 |
$44,894.47 |
0.02% |
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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