Holdings of the Fund as of 4/25/2025
Total Number of Holdings (excluding cash): 104
Taiwan Semiconductor Manufacturing Company Ltd. |
2330.TT |
Y84629107 |
Information Technology |
95,753 |
$2,615,226.61 |
8.87% |
Tencent Holdings Limited |
700.HK |
G87572163 |
Communication Services |
23,590 |
$1,454,267.62 |
4.93% |
iShares MSCI China ETF |
MCHI |
46429B671 |
Other |
25,366 |
$1,316,749.06 |
4.46% |
Alibaba Group Holding Limited |
9988.HK |
G01719114 |
Consumer Discretionary |
53,839 |
$802,345.92 |
2.72% |
MediaTek Inc. |
2454.TT |
Y5945U103 |
Information Technology |
17,047 |
$723,554.09 |
2.45% |
Industrial and Commercial Bank of China Limited (Class H) |
1398.HK |
Y3990B112 |
Financials |
995,000 |
$701,644.66 |
2.38% |
ICICI Bank Limited |
ICICIBC.IS |
Y3860Z132 |
Financials |
38,578 |
$634,290.95 |
2.15% |
Haidilao International Holding Ltd. |
6862.HK |
G4290A101 |
Consumer Discretionary |
266,000 |
$617,935.64 |
2.09% |
Kasikornbank Pcl (NVDR) |
KBANK-R.TB |
Y4591R126 |
Financials |
112,300 |
$515,315.28 |
1.75% |
InterGlobe Aviation Limited |
INDIGO.IS |
Y4R97L111 |
Industrials |
8,267 |
$514,118.15 |
1.74% |
Kasikornbank Pcl |
KBANK.TB |
Y4591R100 |
Financials |
110,100 |
$505,220.06 |
1.71% |
Meritz Financial Group Inc. |
138040.KS |
Y59496102 |
Financials |
5,938 |
$492,222.20 |
1.67% |
Eicher Motors Limited |
EIM.IS |
Y2251M148 |
Consumer Discretionary |
7,390 |
$482,239.26 |
1.63% |
SPDR S&P China ETF |
GXC |
78463X400 |
Other |
5,577 |
$457,035.15 |
1.55% |
JBS SA |
JBSS3.BZ |
P59695109 |
Consumer Staples |
52,908 |
$445,307.96 |
1.51% |
International Container Terminal Services, Inc. |
ICT.PM |
Y41157101 |
Industrials |
66,650 |
$414,646.31 |
1.41% |
Singapore Airlines Limited |
SIA.SP |
Y7992P128 |
Industrials |
78,500 |
$398,919.98 |
1.35% |
Sun Pharmaceutical Industries Limited |
SUNP.IS |
Y8523Y158 |
Health Care |
18,834 |
$394,002.18 |
1.34% |
Evergreen Marine Corp. (Taiwan) Ltd. |
2603.TT |
Y23632105 |
Industrials |
62,525 |
$393,270.16 |
1.33% |
Shriram Finance Limited |
SHFL.IS |
Y7758E119 |
Financials |
50,383 |
$386,360.06 |
1.31% |
Kia Corporation |
000270.KS |
Y47601102 |
Consumer Discretionary |
6,073 |
$372,804.47 |
1.26% |
Bajaj Finance Limited |
BAF.IS |
Y0547D112 |
Financials |
3,466 |
$369,637.96 |
1.25% |
Bharat Petroleum Corporation Limited |
BPCL.IS |
Y0882Z116 |
Energy |
103,141 |
$356,957.88 |
1.21% |
Bank Hapoalim B.M. |
POLI.IT |
M1586M115 |
Financials |
23,668 |
$353,242.91 |
1.20% |
Tata Consultancy Services Limited |
TCS.IS |
Y85279100 |
Information Technology |
8,648 |
$348,993.43 |
1.18% |
HCL Technologies Limited |
HCLT.IS |
Y3121G147 |
Information Technology |
18,707 |
$345,541.73 |
1.17% |
State Bank of India |
SBIN.IS |
Y8155P103 |
Financials |
36,737 |
$343,395.42 |
1.16% |
Banco de Chile |
CHILE.CI |
P0939W108 |
Financials |
2,120,892 |
$325,348.02 |
1.10% |
CG Power and Industrial Solutions Ltd. |
CGPOWER.IS |
Y1788L144 |
Industrials |
43,902 |
$325,305.14 |
1.10% |
International Games System Co., Ltd. |
3293.TT |
Y41065114 |
Communication Services |
12,478 |
$316,239.53 |
1.07% |
Realtek Semiconductor Corp. |
2379.TT |
Y7220N101 |
Information Technology |
19,221 |
$310,369.65 |
1.05% |
Akbank T.A.S. |
AKBNK.TI |
M0300L106 |
Financials |
225,457 |
$302,235.25 |
1.02% |
Hindustan Unilever Limited |
HUVR.IS |
Y3222L102 |
Consumer Staples |
11,022 |
$300,857.26 |
1.02% |
Turkiye Petrol Rafinerileri A.S. |
TUPRS.TI |
M8966X108 |
Energy |
86,549 |
$282,284.67 |
0.96% |
Yapi ve Kredi Bankasi A.S. |
YKBNK.TI |
M9869G101 |
Financials |
460,844 |
$282,140.50 |
0.96% |
Titan Company Limited |
TTAN.IS |
Y88425148 |
Consumer Discretionary |
7,112 |
$280,115.37 |
0.95% |
BB Seguridade Participacoes S.A. |
BBSE3.BZ |
P1R1WJ103 |
Financials |
37,183 |
$274,907.21 |
0.93% |
ORLEN SA |
PKN.PW |
X6922W204 |
Energy |
14,600 |
$266,988.78 |
0.91% |
Britannia Industries Limited |
BRIT.IS |
Y0969R151 |
Consumer Staples |
4,169 |
$264,487.75 |
0.90% |
Petroleo Brasileiro S.A. - Petrobras |
PETR3.BZ |
P78331132 |
Energy |
46,009 |
$264,282.03 |
0.90% |
Vale S.A. |
VALE3.BZ |
P9661Q155 |
Materials |
27,935 |
$264,490.52 |
0.90% |
Bank of Baroda |
BOB.IS |
Y0643L141 |
Financials |
90,405 |
$261,128.53 |
0.89% |
ITC Limited |
ITC.IS |
Y4211T171 |
Consumer Staples |
50,332 |
$252,010.87 |
0.85% |
Lenovo Group Limited |
992.HK |
Y5257Y107 |
Information Technology |
219,545 |
$250,197.31 |
0.85% |
Banco do Brasil S.A. |
BBAS3.BZ |
P11427112 |
Financials |
49,997 |
$246,225.33 |
0.83% |
Asseco Poland S.A. |
ACP.PW |
X02540130 |
Information Technology |
5,704 |
$233,481.22 |
0.79% |
Hyundai Motor Company |
005380.KS |
Y38472109 |
Consumer Discretionary |
1,784 |
$234,426.16 |
0.79% |
Sembcorp Industries Limited |
SCI.SP |
Y79711159 |
Utilities |
46,000 |
$225,713.33 |
0.77% |
ANTA Sports Products Limited |
2020.HK |
G04011105 |
Consumer Discretionary |
18,099 |
$215,592.37 |
0.73% |
Samsung SDS Co., Ltd. |
018260.KS |
Y7T72C103 |
Information Technology |
2,474 |
$212,482.97 |
0.72% |
Suzano SA |
SUZB3.BZ |
P8T20U187 |
Materials |
23,094 |
$208,220.22 |
0.71% |
Eurobank Ergasias Services and Holdings S.A. |
EUROB.GA |
X2321W101 |
Financials |
73,062 |
$206,657.18 |
0.70% |
REC Limited |
RECL.IS |
Y73650106 |
Financials |
41,184 |
$203,507.81 |
0.69% |
ICL Group Ltd. |
ICL.IT |
M53213100 |
Materials |
27,843 |
$185,084.02 |
0.63% |
SABIC Agri-Nutrients Company |
SAFCO.AB |
M8T36M107 |
Materials |
6,678 |
$183,714.70 |
0.62% |
Vedanta Limited |
VEDL.IS |
Y9364D105 |
Materials |
37,848 |
$183,080.75 |
0.62% |
Samsung Biologics Co., Ltd. |
207940.KS |
Y7T7DY103 |
Health Care |
249 |
$179,369.64 |
0.61% |
Jentech Precision Industrial Company Ltd. |
3653.TT |
Y4432G115 |
Information Technology |
5,650 |
$175,514.82 |
0.60% |
Orient Overseas (International) Limited |
316.HK |
G67749153 |
Industrials |
12,703 |
$176,371.67 |
0.60% |
Global Unichip Corporation |
3443.TT |
Y2724H114 |
Information Technology |
5,711 |
$171,964.51 |
0.58% |
Fufeng Group Limited |
546.HK |
G36844119 |
Materials |
203,755 |
$169,423.96 |
0.57% |
US Dollar |
$USD |
|
Other |
164,833 |
$164,832.57 |
0.56% |
KT Corporation |
030200.KS |
Y49915104 |
Communication Services |
4,604 |
$160,860.08 |
0.55% |
Kumba Iron Ore Limited |
KIO.SJ |
S4341C103 |
Materials |
9,259 |
$158,139.62 |
0.54% |
Reliance Industries Ltd. |
RELIANCE.IS |
Y72596102 |
Energy |
10,527 |
$160,219.70 |
0.54% |
Bank Handlowy w Warszawie S.A. |
BHW.PW |
X05318104 |
Financials |
4,964 |
$157,802.78 |
0.53% |
Unimicron Technology Corporation |
3037.TT |
Y90668107 |
Information Technology |
54,787 |
$156,038.76 |
0.53% |
OPAP S.A. |
OPAP.GA |
X3232T104 |
Consumer Discretionary |
7,044 |
$151,951.12 |
0.52% |
Chicony Electronics Co., Ltd. |
2385.TT |
Y1364B106 |
Information Technology |
32,967 |
$151,080.93 |
0.51% |
Exxaro Resources Limited |
EXX.SJ |
S26949107 |
Energy |
18,275 |
$150,084.92 |
0.51% |
Meituan (Class B) |
3690.HK |
G59669104 |
Consumer Discretionary |
9,097 |
$149,642.78 |
0.51% |
LIC Housing Finance Limited |
LICHF.IS |
Y5278Z133 |
Financials |
21,080 |
$146,107.78 |
0.50% |
China Merchants Port Holdings Company Limited |
144.HK |
Y1489Q103 |
Industrials |
91,025 |
$144,100.63 |
0.49% |
Sunway Real Estate Investment Trust |
SREIT.MK |
Y83099104 |
Real Estate |
326,000 |
$143,100.34 |
0.49% |
Wisdom Marine Lines Co., Ltd. |
2637.TT |
G9721M103 |
Industrials |
73,198 |
$137,782.69 |
0.47% |
Indian Railway Catering and Tourism Corporation Ltd. |
IRCTC.IS |
Y3R2EY120 |
Industrials |
14,950 |
$131,554.80 |
0.45% |
Bora Pharmaceuticals Co., Ltd. |
6472.TT |
Y09282107 |
Health Care |
5,882 |
$123,744.27 |
0.42% |
Enel Chile SA |
ENELCHIL.CI |
P3762G109 |
Utilities |
1,720,672 |
$120,296.65 |
0.41% |
Motor Oil (Hellas) Corinth Refineries S.A. |
MOH.GA |
X55904100 |
Energy |
4,742 |
$115,059.48 |
0.39% |
Tripod Technology Corporation |
3044.TT |
Y8974X105 |
Information Technology |
20,035 |
$113,383.84 |
0.38% |
IOI Corporation Bhd |
IOI.MK |
Y41763106 |
Consumer Staples |
129,100 |
$108,616.51 |
0.37% |
TIME dotCom Berhad |
TDC.MK |
Y8839J101 |
Communication Services |
89,500 |
$105,992.38 |
0.36% |
Banco del Bajio S.A. |
BBAJIOO.MM |
P1R2ZN117 |
Financials |
41,239 |
$102,949.61 |
0.35% |
PT Indofood Sukses Makmur Tbk |
INDF.IJ |
Y7128X128 |
Consumer Staples |
235,279 |
$103,763.93 |
0.35% |
China Resources Pharmaceutical Group Limited |
3320.HK |
Y1511B108 |
Health Care |
153,315 |
$97,242.60 |
0.33% |
COSCO SHIPPING Ports Limited |
1199.HK |
G2442N104 |
Industrials |
190,550 |
$97,522.82 |
0.33% |
China Medical System Holdings Limited |
867.HK |
G21108124 |
Health Care |
82,522 |
$90,745.60 |
0.31% |
Wiwynn Corporation |
6669.TT |
Y9673D101 |
Information Technology |
1,538 |
$90,114.62 |
0.31% |
Alliance Bank Malaysia Berhad |
ABMB.MK |
Y0034W102 |
Financials |
86,300 |
$86,023.89 |
0.29% |
PT Alamtri Resources Indonesia Tbk |
ADRO.IJ |
Y7087B109 |
Energy |
738,853 |
$81,953.57 |
0.28% |
Fleury S.A. |
FLRY3.BZ |
P418BW104 |
Health Care |
34,394 |
$78,493.38 |
0.27% |
LTIMindtree Limited |
LTIM.IS |
Y5S745101 |
Information Technology |
1,539 |
$81,025.44 |
0.27% |
Alsea, S.A.B. de C.V. |
ALSEA*.MM |
P0212A104 |
Consumer Discretionary |
31,266 |
$73,008.44 |
0.25% |
MISC Bhd |
MISC.MK |
Y6080H105 |
Industrials |
43,600 |
$72,268.04 |
0.25% |
Sino-American Silicon Products Inc. |
5483.TT |
Y8022X107 |
Information Technology |
20,768 |
$68,028.09 |
0.23% |
Aksa Enerji Uretim A.S. |
AKSEN.TI |
M03829104 |
Utilities |
77,419 |
$65,776.67 |
0.22% |
iShares Core MSCI Emerging Markets ETF |
IEMG |
46434G103 |
Other |
1,062 |
$57,093.12 |
0.19% |
Zloty |
$PLN |
|
Other |
185,790 |
$49,396.47 |
0.17% |
Thai Baht |
$THB |
|
Other |
1,601,280 |
$47,732.44 |
0.16% |
Nan Ya Printed Circuit Board Corporation |
8046.TT |
Y6205K108 |
Information Technology |
15,216 |
$45,021.46 |
0.15% |
Topsports International Holdings Limited |
6110.HK |
G8924B104 |
Consumer Discretionary |
123,133 |
$45,716.59 |
0.15% |
Torunlar Gayrimenkul Yatirim Ortakligi A.S. |
TRGYO.TI |
M8820E106 |
Real Estate |
26,670 |
$43,180.49 |
0.15% |
Infosys Limited |
INFO.IS |
Y4082C133 |
Information Technology |
1,582 |
$27,406.99 |
0.09% |
Absa Group Limited |
ABG.SJ |
S0270C106 |
Financials |
1,597 |
$14,384.61 |
0.05% |
Indian Rupee |
$INR |
|
Other |
1,177,539 |
$13,780.66 |
0.05% |
ITC Hotels Limited |
ITCHOTEL.IS |
Y4211S140 |
Consumer Discretionary |
4,997 |
$11,415.08 |
0.04% |
Brazilian Real |
$BRL |
|
Other |
42,338 |
$7,447.70 |
0.03% |
Hong Kong Dollar |
$HKD |
|
Other |
22,999 |
$2,964.95 |
0.01% |
South Korean Won |
$KRW |
|
Other |
2,154,672 |
$1,494.83 |
0.01% |
Chilean Peso |
$CLP |
|
Other |
0 |
$0.00 |
0.00% |
Euro |
$EUR |
|
Other |
2 |
$1.79 |
0.00% |
New Taiwan Dollar |
$TWD |
|
Other |
0 |
$0.00 |
0.00% |
Rosneft Oil Company PJSC |
ROSN.RM |
X7394C106 |
Energy |
59,735 |
$0.00 |
0.00% |
Rupiah |
$IDR |
|
Other |
0 |
$0.00 |
0.00% |
Saudi Riyal |
$SAR |
|
Other |
19 |
$5.02 |
0.00% |
Severstal PJSC |
CHMF.RM |
X7803S106 |
Materials |
23,602 |
$0.00 |
0.00% |
South African Rand |
$ZAR |
|
Other |
9,854 |
$527.30 |
0.00% |
Currency Forward Positions
USD->TWD 05-29-2025 |
-99,000,000.00 TWD |
$3,046,036.60 |
$8,035.35 |
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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