Holdings of the Fund as of 12/17/2025
Total Number of Holdings (excluding cash): 148
| HSBC Holdings Plc |
HSBA.LN |
G4634U169 |
Financials |
252,179 |
$3,831,635.19 |
2.84% |
| Advantest Corporation |
6857.JP |
J00210104 |
Information Technology |
26,800 |
$3,206,593.92 |
2.38% |
| Novartis AG |
NOVN.SW |
H5820Q150 |
Health Care |
20,578 |
$2,778,728.62 |
2.06% |
| Shell Plc |
SHEL.LN |
G80827101 |
Energy |
73,317 |
$2,615,506.08 |
1.94% |
| UBS Group AG |
UBSG.SW |
H42097107 |
Financials |
58,298 |
$2,612,572.33 |
1.94% |
| Barclays Plc |
BARC.LN |
G08036124 |
Financials |
427,411 |
$2,605,579.57 |
1.93% |
| Banco Bilbao Vizcaya Argentaria, S.A. |
BBVA.SM |
E11805103 |
Financials |
106,791 |
$2,405,952.41 |
1.78% |
| Allianz SE |
ALV.GY |
D03080112 |
Financials |
5,285 |
$2,387,144.49 |
1.77% |
| BNP Paribas S.A. |
BNP.FP |
F1058Q238 |
Financials |
22,719 |
$2,129,661.52 |
1.58% |
| ASML Holding N.V. |
ASML.NA |
N07059202 |
Information Technology |
2,066 |
$2,096,897.36 |
1.55% |
| Deutsche Bank AG |
DBK.GY |
D18190898 |
Financials |
55,624 |
$2,055,509.25 |
1.52% |
| Reckitt Benckiser Group Plc |
RKT.LN |
G74079107 |
Consumer Staples |
25,382 |
$2,035,512.62 |
1.51% |
| TotalEnergies SE |
TTE.FP |
F92124100 |
Energy |
30,634 |
$1,994,343.65 |
1.48% |
| ABB Ltd |
ABBN.SW |
H0010V101 |
Industrials |
27,353 |
$1,954,489.73 |
1.45% |
| Natwest Group Plc |
NWG.LN |
G6422B147 |
Financials |
228,467 |
$1,943,853.04 |
1.44% |
| Nordea Bank Abp |
NDA.FH |
X5S8VL105 |
Financials |
103,277 |
$1,875,851.49 |
1.39% |
| Mizuho Financial Group, Inc. |
8411.JP |
J4599L102 |
Financials |
48,200 |
$1,734,766.32 |
1.29% |
| BP Plc |
BP/.LN |
G12793108 |
Energy |
302,073 |
$1,732,168.95 |
1.28% |
| Unipol Gruppo Finanziario SpA |
UNI.IM |
T9532W106 |
Financials |
68,730 |
$1,617,308.76 |
1.20% |
| Banca Popolare di Sondrio SpA |
BPSO.IM |
T1549L116 |
Financials |
83,721 |
$1,579,229.06 |
1.17% |
| British American Tobacco p.l.c. |
BATS.LN |
G1510J102 |
Consumer Staples |
27,394 |
$1,564,161.94 |
1.16% |
| Unilever Plc |
ULVR.LN |
G92087348 |
Consumer Staples |
23,403 |
$1,535,158.01 |
1.14% |
| Itochu Corporation |
8001.JP |
J2501P104 |
Industrials |
23,900 |
$1,437,713.51 |
1.07% |
| Recruit Holdings Co. Ltd. |
6098.JP |
J6433A101 |
Industrials |
26,300 |
$1,436,990.65 |
1.06% |
| MS&AD Insurance Group Holdings, Inc. |
8725.JP |
J4687C105 |
Financials |
57,600 |
$1,368,701.43 |
1.01% |
| Imperial Brands Plc |
IMB.LN |
G4720C107 |
Consumer Staples |
31,525 |
$1,340,925.79 |
0.99% |
| Rio Tinto Plc |
RIO.LN |
G75754104 |
Materials |
17,359 |
$1,337,616.69 |
0.99% |
| AXA S.A. |
CS.FP |
F06106102 |
Financials |
27,554 |
$1,323,404.60 |
0.98% |
| 3i Group Plc |
III.LN |
G88473148 |
Financials |
30,127 |
$1,290,645.06 |
0.96% |
| Japan Tobacco, Inc. |
2914.JP |
J27869106 |
Consumer Staples |
34,000 |
$1,266,512.00 |
0.94% |
| Centrica Plc |
CNA.LN |
G2018Z143 |
Utilities |
556,739 |
$1,236,435.59 |
0.92% |
| Fast Retailing Co., Ltd. |
9983.JP |
J1346E100 |
Consumer Discretionary |
3,400 |
$1,227,552.28 |
0.91% |
| Vinci S.A. |
DG.FP |
F5879X108 |
Industrials |
8,637 |
$1,212,633.37 |
0.90% |
| BHP Group Limited |
BHP.AU |
Q1498M100 |
Materials |
40,617 |
$1,196,545.49 |
0.89% |
| Fresenius SE & Co. KGaA |
FRE.GY |
D27348263 |
Health Care |
21,480 |
$1,201,546.75 |
0.89% |
| Ventia Services Group Pty Limited |
VNT.AU |
Q9394Q109 |
Industrials |
316,098 |
$1,199,694.16 |
0.89% |
| Chugai Pharmaceutical Co., Ltd. |
4519.JP |
J06930101 |
Health Care |
22,800 |
$1,191,946.01 |
0.88% |
| Nestle S.A. (Registered) |
NESN.SW |
H57312649 |
Consumer Staples |
11,928 |
$1,189,180.66 |
0.88% |
| Christian Dior SE |
CDI.FP |
F26334106 |
Consumer Discretionary |
1,687 |
$1,150,732.59 |
0.85% |
| ORIX Corporation |
8591.JP |
J61933123 |
Financials |
40,400 |
$1,148,453.08 |
0.85% |
| Poste Italiane SpA |
PST.IM |
T7S697106 |
Financials |
46,855 |
$1,151,809.86 |
0.85% |
| Wesfarmers Limited |
WES.AU |
Q95870103 |
Consumer Discretionary |
21,078 |
$1,115,516.15 |
0.83% |
| Credit Agricole S.A. |
ACA.FP |
F22797108 |
Financials |
54,270 |
$1,106,158.96 |
0.82% |
| APA Group |
APA.AU |
Q0437B100 |
Utilities |
181,839 |
$1,097,852.67 |
0.81% |
| BP Plc (ADR) |
BP |
055622104 |
Energy |
31,698 |
$1,092,630.06 |
0.81% |
| Endesa, S.A. |
ELE.SM |
E41222113 |
Utilities |
30,384 |
$1,087,193.69 |
0.81% |
| Hermes International |
RMS.FP |
F48051100 |
Consumer Discretionary |
440 |
$1,087,324.26 |
0.81% |
| Singapore Airlines Limited |
SIA.SP |
Y7992P128 |
Industrials |
224,500 |
$1,089,022.13 |
0.81% |
| OSB Group Plc |
OSB.LN |
G6S36L101 |
Financials |
134,263 |
$1,078,970.69 |
0.80% |
| Hellenic Telecommunications Organization S.A. |
HTO.GA |
X3258B102 |
Communication Services |
53,642 |
$1,056,789.78 |
0.78% |
| Hoya Corporation |
7741.JP |
J22848105 |
Health Care |
6,900 |
$1,042,032.94 |
0.77% |
| Canadian Natural Resources Ltd. |
CNQ.CN |
136385101 |
Energy |
32,253 |
$1,028,343.67 |
0.76% |
| DHL Group |
DHL.GY |
D19225107 |
Industrials |
18,992 |
$1,025,856.21 |
0.76% |
| Disco Corporation |
6146.JP |
J12327102 |
Information Technology |
3,500 |
$997,909.14 |
0.74% |
| National Grid Plc |
NG/.LN |
G6S9A7120 |
Utilities |
63,281 |
$971,580.07 |
0.72% |
| Banca Mediolanum SpA |
BMED.IM |
T1R88K108 |
Financials |
43,083 |
$955,433.04 |
0.71% |
| Mercedes-Benz Group AG |
MBG.GY |
D1668R123 |
Consumer Discretionary |
13,620 |
$956,871.88 |
0.71% |
| Nintendo Co., Ltd. |
7974.JP |
J51699106 |
Communication Services |
13,550 |
$955,823.67 |
0.71% |
| Stellantis N.V. |
STLAM.IM |
N82405106 |
Consumer Discretionary |
80,580 |
$942,834.39 |
0.70% |
| LVMH Moet Hennessy Louis Vuitton SE |
MC.FP |
F58485115 |
Consumer Discretionary |
1,256 |
$927,089.72 |
0.69% |
| Eni SpA |
ENI.IM |
T3643A145 |
Energy |
50,086 |
$923,196.33 |
0.68% |
| Super Retail Group Limited |
SUL.AU |
Q88009107 |
Consumer Discretionary |
87,081 |
$912,746.74 |
0.68% |
| Honda Motor Co., Ltd. |
7267.JP |
J22302111 |
Consumer Discretionary |
87,500 |
$883,729.95 |
0.65% |
| AstraZeneca Plc |
AZN.LN |
G0593M107 |
Health Care |
4,842 |
$868,292.33 |
0.64% |
| CK Hutchison Holdings Limited |
1.HK |
G21765105 |
Industrials |
124,938 |
$864,162.95 |
0.64% |
| Bayerische Motoren Werke (BMW) AG |
BMW.GY |
D12096109 |
Consumer Discretionary |
7,534 |
$821,733.94 |
0.61% |
| KDDI Corporation |
9433.JP |
J31843105 |
Communication Services |
47,700 |
$822,938.24 |
0.61% |
| Tokyo Gas Co., Ltd. |
9531.JP |
J87000113 |
Utilities |
20,600 |
$830,000.21 |
0.61% |
| Rio Tinto Limited |
RIO.AU |
Q81437107 |
Materials |
8,623 |
$804,010.31 |
0.60% |
| Safestore Holdings Plc |
SAFE.LN |
G77733106 |
Real Estate |
85,425 |
$808,568.77 |
0.60% |
| SGS S.A. |
SGSN.SW |
H63838116 |
Industrials |
7,135 |
$796,650.47 |
0.59% |
| IG Group Holdings Plc |
IGG.LN |
G4753Q106 |
Financials |
44,574 |
$765,039.70 |
0.57% |
| JB Hi-Fi Limited |
JBH.AU |
Q5029L101 |
Consumer Discretionary |
12,762 |
$767,712.00 |
0.57% |
| Orion Oyj (Class B) |
ORNBV.FH |
X6002Y112 |
Health Care |
10,812 |
$768,917.13 |
0.57% |
| First International Bank of Israel Ltd. |
FIBI.IT |
M1648G106 |
Financials |
9,339 |
$759,493.16 |
0.56% |
| Nippon Yusen K.K. |
9101.JP |
J56515232 |
Industrials |
23,600 |
$743,699.33 |
0.55% |
| Fortescue Ltd. |
FMG.AU |
Q39360104 |
Materials |
49,380 |
$729,388.15 |
0.54% |
| Koninklijke (Royal) KPN N.V. |
KPN.NA |
N4297B146 |
Communication Services |
153,691 |
$714,510.32 |
0.53% |
| Azimut Holding SpA |
AZM.IM |
T0783G106 |
Financials |
17,131 |
$705,582.47 |
0.52% |
| Pembina Pipeline Corporation |
PPL.CN |
706327103 |
Energy |
18,696 |
$698,091.17 |
0.52% |
| Takeda Pharmaceutical Company Limited |
4502.JP |
J8129E108 |
Health Care |
24,100 |
$697,457.48 |
0.52% |
| Roche Holding AG (Bearer) |
RO.SW |
H69293225 |
Health Care |
1,693 |
$693,900.50 |
0.51% |
| Coles Group Limited |
COL.AU |
Q26203408 |
Consumer Staples |
47,442 |
$677,654.31 |
0.50% |
| Bandai Namco Holdings Inc. |
7832.JP |
Y0606D102 |
Consumer Discretionary |
23,900 |
$644,725.82 |
0.48% |
| EFG International AG |
EFGN.SW |
H2078C108 |
Financials |
28,066 |
$653,279.74 |
0.48% |
| Novo Nordisk A/S (Class B) |
NOVOB.DC |
K72807140 |
Health Care |
13,585 |
$648,711.30 |
0.48% |
| Suncor Energy Inc. |
SU.CN |
867224107 |
Energy |
15,015 |
$642,450.07 |
0.48% |
| Ferrari N.V. |
RACE.IM |
N3167Y103 |
Consumer Discretionary |
1,738 |
$633,687.88 |
0.47% |
| Stockland |
SGP.AU |
Q8773B105 |
Real Estate |
161,123 |
$624,903.50 |
0.46% |
| Equinor ASA |
EQNR.NO |
R2R90P103 |
Energy |
26,393 |
$604,152.14 |
0.45% |
| Sekisui House, Ltd. |
1928.JP |
J70746136 |
Consumer Discretionary |
27,400 |
$597,244.92 |
0.44% |
| Niterra Co. Ltd. |
5334.JP |
J49119100 |
Consumer Discretionary |
13,500 |
$578,732.51 |
0.43% |
| Bayer AG |
BAYN.GY |
D0712D163 |
Health Care |
13,765 |
$565,584.33 |
0.42% |
| NTT Inc. |
9432.JP |
J59396101 |
Communication Services |
577,200 |
$572,369.30 |
0.42% |
| SCREEN Holdings Co., Ltd. |
7735.JP |
J6988U114 |
Information Technology |
6,900 |
$568,744.36 |
0.42% |
| Shionogi & Co., Ltd. |
4507.JP |
J74229105 |
Health Care |
31,700 |
$552,163.93 |
0.41% |
| A.P. Moeller - Maersk A/S (Class A) |
MAERSKA.DC |
K0514G135 |
Industrials |
237 |
$535,271.60 |
0.40% |
| A.P. Moeller - Maersk A/S (Class B) |
MAERSKB.DC |
K0514G101 |
Industrials |
237 |
$534,975.60 |
0.40% |
| ACEA SpA |
ACE.IM |
T0040K106 |
Utilities |
21,025 |
$534,539.41 |
0.40% |
| OBIC Co., Ltd. |
4684.JP |
J5946V107 |
Information Technology |
17,000 |
$532,708.34 |
0.39% |
| Pirelli & C. SpA |
PIRC.IM |
T76434264 |
Consumer Discretionary |
76,004 |
$521,005.51 |
0.39% |
| Harvey Norman Holdings Limited |
HVN.AU |
Q4525E117 |
Consumer Discretionary |
111,618 |
$515,220.50 |
0.38% |
| Kuehne + Nagel International AG (Registered) |
KNIN.SW |
H4673L145 |
Industrials |
2,245 |
$487,779.99 |
0.36% |
| LOGISTA INTEGRAL SA |
LOG.SM |
E0304S106 |
Industrials |
14,194 |
$483,997.85 |
0.36% |
| Vicinity Centres |
VCX.AU |
Q9395F102 |
Real Estate |
295,265 |
$489,034.06 |
0.36% |
| Japan Retail Fund Investment Corporation |
8953.JP |
J27544105 |
Real Estate |
599 |
$471,201.48 |
0.35% |
| OPAP S.A. |
OPAP.GA |
X3232T104 |
Consumer Discretionary |
22,617 |
$477,258.01 |
0.35% |
| Roche Holding AG |
ROG.SW |
H69293217 |
Health Care |
1,201 |
$476,557.07 |
0.35% |
| SoftBank Corp. |
9434.JP |
J75963132 |
Communication Services |
343,500 |
$477,294.23 |
0.35% |
| Medibank Private Limited |
MPL.AU |
Q5921Q109 |
Financials |
145,241 |
$458,680.92 |
0.34% |
| ARC Resources Ltd. |
ARX.CN |
00208D408 |
Energy |
24,088 |
$444,381.94 |
0.33% |
| J Sainsbury Plc |
SBRY.LN |
G77732173 |
Consumer Staples |
97,293 |
$421,163.63 |
0.31% |
| Man Group Plc |
EMG.LN |
G57991104 |
Financials |
142,070 |
$415,942.69 |
0.31% |
| Wienerberger AG |
WIE.AV |
A95384110 |
Materials |
11,783 |
$421,189.92 |
0.31% |
| Mitsui O.S.K. Lines, Ltd. |
9104.JP |
J45013133 |
Industrials |
13,500 |
$390,536.71 |
0.29% |
| Taylor Wimpey Plc |
TW/.LN |
G86954107 |
Consumer Discretionary |
284,818 |
$394,983.07 |
0.29% |
| SAP SE |
SAP.GY |
D66992104 |
Information Technology |
1,581 |
$381,639.15 |
0.28% |
| USS Co., Ltd. |
4732.JP |
J9446Z105 |
Consumer Discretionary |
34,300 |
$382,047.72 |
0.28% |
| Barratt Redrow Plc |
BTRW.LN |
G08288105 |
Consumer Discretionary |
73,694 |
$368,601.00 |
0.27% |
| BT Group Plc |
BT/A.LN |
G16612106 |
Communication Services |
146,758 |
$362,964.00 |
0.27% |
| B2Gold Corp. |
BTO.CT |
11777Q209 |
Materials |
76,394 |
$348,593.41 |
0.26% |
| Investec Plc |
INVP.LN |
G49188116 |
Financials |
48,129 |
$345,160.93 |
0.26% |
| Metcash Limited |
MTS.AU |
Q6014C106 |
Consumer Staples |
163,537 |
$349,532.39 |
0.26% |
| ZOZO, Inc. |
3092.JP |
J9893A108 |
Consumer Discretionary |
41,100 |
$356,521.64 |
0.26% |
| ICL Group Ltd. |
ICL.IT |
M53213100 |
Materials |
67,247 |
$326,798.99 |
0.24% |
| FDJ UNITED |
FDJU.FP |
F55896108 |
Consumer Discretionary |
11,219 |
$307,278.89 |
0.23% |
| Keppel DC REIT |
KDCREIT.SP |
Y47230100 |
Real Estate |
172,500 |
$293,037.45 |
0.22% |
| Mondi Plc |
MNDI.LN |
G6258S115 |
Materials |
24,827 |
$293,146.01 |
0.22% |
| Oracle Corporation Japan |
4716.JP |
J6165M109 |
Information Technology |
3,400 |
$295,904.11 |
0.22% |
| Sandoz Group AG |
SDZ.SW |
H7140B103 |
Health Care |
4,120 |
$296,364.19 |
0.22% |
| Big Yellow Group Plc |
BYG.LN |
G1093E108 |
Real Estate |
19,622 |
$265,353.84 |
0.20% |
| Sega Sammy Holdings Inc. |
6460.JP |
J7028D104 |
Consumer Discretionary |
17,000 |
$269,101.92 |
0.20% |
| The Navigator Company SA |
NVG.PL |
X67182109 |
Materials |
76,253 |
$270,604.79 |
0.20% |
| Hafnia Limited |
HAFNI.NO |
Y2990R101 |
Energy |
47,218 |
$260,364.24 |
0.19% |
| Inchcape Plc |
INCH.LN |
G47320208 |
Consumer Discretionary |
25,420 |
$262,350.27 |
0.19% |
| B&M European Value Retail SA |
BME.LN |
L1175H106 |
Consumer Discretionary |
105,577 |
$241,835.91 |
0.18% |
| Elisa Oyj |
ELISA.FH |
X1949T102 |
Communication Services |
5,564 |
$243,809.16 |
0.18% |
| Orient Overseas (International) Limited |
316.HK |
G67749153 |
Industrials |
15,540 |
$245,146.74 |
0.18% |
| Proximus S.A. de droit public |
PROX.BB |
B6951K109 |
Communication Services |
29,453 |
$241,989.74 |
0.18% |
| George Weston Limited |
WN.CN |
961148509 |
Consumer Staples |
3,314 |
$230,101.34 |
0.17% |
| Sanofi |
SAN.FP |
F5548N101 |
Health Care |
2,442 |
$235,267.35 |
0.17% |
| Hapag-Lloyd AG |
HLAG.GY |
D3R03P128 |
Industrials |
1,502 |
$202,993.59 |
0.15% |
| Spark New Zealand Limited |
SPK.NZ |
Q8619N107 |
Communication Services |
135,680 |
$176,110.40 |
0.13% |
| Woodside Energy Group Limited |
WDS.AU |
Q98327333 |
Energy |
10,925 |
$168,458.09 |
0.12% |
| Eurobank S.A. |
EUROB.GA |
X2379U106 |
Financials |
25,196 |
$100,271.68 |
0.07% |
| Pound Sterling |
$GBP |
|
Other |
55,836 |
$74,696.81 |
0.06% |
| The Magnum Ice Cream Company N.V. |
MICC.LN |
|
Consumer Staples |
5,265 |
$84,272.98 |
0.06% |
| GSK Plc |
GSK.LN |
G3910J179 |
Health Care |
2,176 |
$53,083.23 |
0.04% |
| Canadian Dollar |
$CAD |
|
Other |
37,716 |
$27,354.55 |
0.02% |
| Australian Dollar |
$AUD |
|
Other |
13,934 |
$9,202.13 |
0.01% |
| Singapore Dollar |
$SGD |
|
Other |
17,991 |
$13,934.82 |
0.01% |
| Euro |
$EUR |
|
Other |
870 |
$1,021.88 |
0.00% |
| Evraz Plc |
EVR.LN |
G33090104 |
Materials |
74,354 |
$0.00 |
0.00% |
| Hong Kong Dollar |
$HKD |
|
Other |
0 |
$0.01 |
0.00% |
| Japanese Yen |
$JPY |
|
Other |
-102,642 |
($659.23) |
0.00% |
| New Zealand Dollar |
$NZD |
|
Other |
0 |
$0.20 |
0.00% |
| US Dollar |
$USD |
|
Other |
-639,687 |
($639,687.38) |
-0.47% |
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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