Holdings of the Fund as of 11/21/2025
Total Number of Holdings (excluding cash): 87
| ASML Holding N.V. |
ASML.NA |
N07059202 |
Information Technology |
330 |
$318,941.70 |
4.46% |
| Novartis AG |
NOVN.SW |
H5820Q150 |
Health Care |
1,727 |
$220,327.92 |
3.08% |
| Roche Holding AG |
ROG.SW |
H69293217 |
Health Care |
558 |
$219,046.19 |
3.06% |
| Nestle S.A. (Registered) |
NESN.SW |
H57312649 |
Consumer Staples |
2,131 |
$213,091.11 |
2.98% |
| Nokia Corporation |
NOKIA.FH |
X61873133 |
Information Technology |
35,502 |
$210,652.29 |
2.94% |
| Banco Bilbao Vizcaya Argentaria, S.A. |
BBVA.SM |
E11805103 |
Financials |
9,469 |
$193,969.52 |
2.71% |
| Allianz SE |
ALV.GY |
D03080112 |
Financials |
434 |
$182,396.58 |
2.55% |
| LVMH Moet Hennessy Louis Vuitton SE |
MC.FP |
F58485115 |
Consumer Discretionary |
218 |
$157,526.67 |
2.20% |
| Bouygues S.A. |
EN.FP |
F11487125 |
Industrials |
3,111 |
$150,218.28 |
2.10% |
| Unilever Plc |
ULVR.LN |
G92087165 |
Consumer Staples |
2,477 |
$148,988.70 |
2.08% |
| British American Tobacco p.l.c. |
BATS.LN |
G1510J102 |
Consumer Staples |
2,651 |
$146,248.66 |
2.04% |
| Shell Plc |
SHEL.LN |
G80827101 |
Energy |
3,981 |
$145,328.88 |
2.03% |
| TotalEnergies SE |
TTE.FP |
F92124100 |
Energy |
2,236 |
$144,585.81 |
2.02% |
| Mercedes-Benz Group AG |
MBG.GY |
D1668R123 |
Consumer Discretionary |
2,182 |
$144,043.10 |
2.01% |
| Drax Group Plc |
DRX.LN |
G2904K127 |
Utilities |
14,522 |
$135,926.24 |
1.90% |
| Tenaris S.A. |
TEN.IM |
L90272136 |
Energy |
6,862 |
$136,174.36 |
1.90% |
| GSK Plc |
GSK.LN |
G3910J179 |
Health Care |
5,571 |
$131,091.14 |
1.83% |
| 3i Group Plc |
III.LN |
G88473148 |
Financials |
2,761 |
$119,090.39 |
1.66% |
| BPER Banca SpA |
BPE.IM |
T1325T119 |
Financials |
10,071 |
$118,730.28 |
1.66% |
| Enel SpA |
ENEL.IM |
T3679P115 |
Utilities |
11,278 |
$114,435.49 |
1.60% |
| Beazley plc |
BEZ.LN |
G0936K107 |
Financials |
9,962 |
$112,973.60 |
1.58% |
| Amadeus IT Group S.A. (Class A) |
AMS.SM |
E04648114 |
Consumer Discretionary |
1,493 |
$106,900.37 |
1.49% |
| Inchcape Plc |
INCH.LN |
G47320208 |
Consumer Discretionary |
10,722 |
$105,017.39 |
1.47% |
| RELX Plc |
REL.LN |
G7493L105 |
Industrials |
2,528 |
$102,922.10 |
1.44% |
| Tesco Plc |
TSCO.LN |
G8T67X102 |
Consumer Staples |
17,365 |
$103,183.73 |
1.44% |
| HSBC Holdings Plc |
HSBA.LN |
G4634U169 |
Financials |
7,330 |
$100,770.28 |
1.41% |
| Stolt-Nielsen Ltd. |
SNI.NO |
G85080102 |
Industrials |
2,972 |
$97,961.46 |
1.37% |
| Hellenic Telecommunications Organization S.A. |
HTO.GA |
X3258B102 |
Communication Services |
4,878 |
$96,259.19 |
1.35% |
| Hafnia Limited |
HAFNI.NO |
Y2990R101 |
Energy |
14,949 |
$94,710.10 |
1.32% |
| Vinci S.A. |
DG.FP |
F5879X108 |
Industrials |
683 |
$94,182.70 |
1.32% |
| Telefonaktiebolaget LM Ericsson (Class B) |
ERICB.SS |
W26049119 |
Information Technology |
9,795 |
$92,571.99 |
1.29% |
| AstraZeneca Plc |
AZN.LN |
G0593M107 |
Health Care |
499 |
$90,744.05 |
1.27% |
| Fresenius SE & Co. KGaA |
FRE.GY |
D27348263 |
Health Care |
1,670 |
$90,676.25 |
1.27% |
| Eni SpA |
ENI.IM |
T3643A145 |
Energy |
4,708 |
$87,457.50 |
1.22% |
| Stellantis N.V. |
STLAM.IM |
N82405106 |
Consumer Discretionary |
8,870 |
$87,032.74 |
1.22% |
| Raiffeisen Bank International AG |
RBI.AV |
A7111G104 |
Financials |
2,136 |
$81,837.67 |
1.14% |
| National Grid Plc |
NG/.LN |
G6S9A7120 |
Utilities |
5,432 |
$81,060.96 |
1.13% |
| Experian Plc |
EXPN.LN |
G32655105 |
Industrials |
1,810 |
$79,903.61 |
1.12% |
| DHL Group |
DHL.GY |
D19225107 |
Industrials |
1,575 |
$78,509.54 |
1.10% |
| Sodexo S.A. |
SW.FP |
F84941123 |
Consumer Discretionary |
1,412 |
$77,137.91 |
1.08% |
| BT Group Plc |
BT/A.LN |
G16612106 |
Communication Services |
32,283 |
$74,867.24 |
1.05% |
| National Bank of Greece S.A. |
ETE.GA |
X56533189 |
Financials |
4,173 |
$63,077.58 |
0.88% |
| Next Plc |
NXT.LN |
G6500M106 |
Consumer Discretionary |
331 |
$60,626.65 |
0.85% |
| Swisscom AG |
SCMN.SW |
H8398N104 |
Communication Services |
85 |
$60,500.22 |
0.85% |
| Azimut Holding SpA |
AZM.IM |
T0783G106 |
Financials |
1,482 |
$57,701.49 |
0.81% |
| Roche Holding AG (Bearer) |
RO.SW |
H69293225 |
Health Care |
143 |
$57,952.70 |
0.81% |
| Orion Oyj (Class B) |
ORNBV.FH |
X6002Y112 |
Health Care |
817 |
$56,505.36 |
0.79% |
| A2A S.p.A. |
A2A.IM |
T0579B105 |
Utilities |
20,592 |
$55,980.21 |
0.78% |
| Partners Group Holding AG |
PGHN.SW |
H6120A101 |
Financials |
46 |
$52,590.06 |
0.74% |
| Wolters Kluwer N.V. |
WKL.NA |
N9643A197 |
Industrials |
496 |
$53,201.00 |
0.74% |
| Rexel SA |
RXL.FP |
F7782J366 |
Industrials |
1,435 |
$51,446.06 |
0.72% |
| First International Bank of Israel Ltd. |
FIBI.IT |
M1648G106 |
Financials |
704 |
$51,004.01 |
0.71% |
| Galp Energia, SGPS, S.A. |
GALP.PL |
X3078L108 |
Energy |
2,528 |
$51,024.55 |
0.71% |
| Equinor ASA |
EQNR.NO |
R2R90P103 |
Energy |
2,132 |
$49,011.86 |
0.69% |
| Hera SpA |
HER.IM |
T5250M106 |
Utilities |
10,059 |
$47,712.91 |
0.67% |
| Hiscox Ltd |
HSX.LN |
G4593F138 |
Financials |
2,764 |
$48,266.98 |
0.67% |
| SGS S.A. |
SGSN.SW |
H63838116 |
Industrials |
423 |
$47,346.61 |
0.66% |
| Nemetschek AG |
NEM.GY |
D56134105 |
Information Technology |
437 |
$45,433.83 |
0.64% |
| A.P. Moeller - Maersk A/S (Class A) |
MAERSKA.DC |
K0514G135 |
Industrials |
23 |
$45,129.07 |
0.63% |
| A.P. Moeller - Maersk A/S (Class B) |
MAERSKB.DC |
K0514G101 |
Industrials |
23 |
$45,009.35 |
0.63% |
| US Dollar |
$USD |
|
Other |
45,361 |
$45,360.99 |
0.63% |
| ICG PLC |
ICG.LN |
G4807D192 |
Financials |
1,683 |
$44,702.86 |
0.62% |
| OSB Group Plc |
OSB.LN |
G6S36L101 |
Financials |
6,134 |
$43,387.07 |
0.61% |
| Intertek Group Plc |
ITRK.LN |
G4911B108 |
Industrials |
675 |
$42,954.10 |
0.60% |
| LOGISTA INTEGRAL SA |
LOG.SM |
E0304S106 |
Industrials |
1,261 |
$42,656.27 |
0.60% |
| Auto Trader Group Plc |
AUTO.LN |
G06708104 |
Communication Services |
4,866 |
$42,222.38 |
0.59% |
| Amundi SA |
AMUN.FP |
F0300Q103 |
Financials |
541 |
$41,511.12 |
0.58% |
| Acerinox, S.A. |
ACX.SM |
E00460233 |
Materials |
2,865 |
$38,273.54 |
0.54% |
| OPAP S.A. |
OPAP.GA |
X3232T104 |
Consumer Discretionary |
1,957 |
$38,820.48 |
0.54% |
| Carrefour S.A. |
CA.FP |
F13923119 |
Consumer Staples |
2,425 |
$36,324.95 |
0.51% |
| Novo Nordisk A/S (Class B) |
NOVOB.DC |
K72807140 |
Health Care |
721 |
$34,319.87 |
0.48% |
| BP Plc |
BP/.LN |
G12793108 |
Energy |
5,560 |
$33,236.38 |
0.46% |
| Christian Dior SE |
CDI.FP |
F26334106 |
Consumer Discretionary |
48 |
$32,375.45 |
0.45% |
| Investor AB (Class A) |
INVEA.SS |
W5R777123 |
Financials |
989 |
$32,335.53 |
0.45% |
| Ferrari N.V. |
RACE.IM |
N3167Y103 |
Consumer Discretionary |
80 |
$31,210.02 |
0.44% |
| Kuehne + Nagel International AG (Registered) |
KNIN.SW |
H4673L145 |
Industrials |
164 |
$31,164.52 |
0.44% |
| Brenntag SE |
BNR.GY |
D12459117 |
Industrials |
523 |
$29,580.26 |
0.41% |
| Dunelm Group Plc |
DNLM.LN |
G2935W108 |
Consumer Discretionary |
2,068 |
$29,270.28 |
0.41% |
| Evolution AB |
EVO.SS |
W3287P115 |
Consumer Discretionary |
439 |
$29,182.51 |
0.41% |
| Man Group Plc |
EMG.LN |
G57991104 |
Financials |
10,779 |
$28,319.54 |
0.40% |
| Sanofi |
SAN.FP |
F5548N101 |
Health Care |
256 |
$25,518.76 |
0.36% |
| FDJ UNITED |
FDJU.FP |
F55896108 |
Consumer Discretionary |
850 |
$23,725.89 |
0.33% |
| Compagnie de Saint-Gobain S.A. |
SGO.FP |
F80343100 |
Industrials |
218 |
$20,592.76 |
0.29% |
| TietoEVRY Oyj |
TIETO.FH |
Y8T39G104 |
Information Technology |
1,015 |
$20,866.99 |
0.29% |
| The Navigator Company SA |
NVG.PL |
X67182109 |
Materials |
5,040 |
$17,063.23 |
0.24% |
| B&M European Value Retail SA |
BME.LN |
L1175H106 |
Consumer Discretionary |
6,955 |
$15,373.07 |
0.21% |
| Diageo Plc |
DGE.LN |
G42089113 |
Consumer Staples |
484 |
$11,189.66 |
0.16% |
| Pound Sterling |
$GBP |
|
Other |
3,769 |
$4,938.27 |
0.07% |
| Danish Krone |
$DKK |
|
Other |
19 |
$2.87 |
0.00% |
| Evraz Plc |
EVR.LN |
G33090104 |
Materials |
44,089 |
$0.00 |
0.00% |
| Swedish Krona |
$SEK |
|
Other |
0 |
$0.00 |
0.00% |
| Swiss Franc |
$CHF |
|
Other |
0 |
$0.00 |
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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