First Trust Emerging Markets Small Cap AlphaDEX® Fund (FEMS)

	Printer Friendly Page
	Fact Sheet
	Summary Prospectus
	Monthly Performance Report
	AlphaDEX® Perspectives Flier

Holdings

Holdings of the Fund as of 4/23/2026
View Index Holdings

Export to Excel

Total Number of Holdings (excluding cash): 204

Security Name	Identifier	CUSIP	Classification	Shares / Quantity	Market Value	Weighting
ITEQ Corporation	6213.TT	Y4212E108	Information Technology	436,833	$3,801,498.22	1.43%
Topoint Technology Co., Ltd.	8021.TT	Y88973105	Information Technology	213,563	$3,192,307.47	1.20%
JHSF Participacoes SA	JHSF3.BZ	P6050T105	Real Estate	1,143,016	$3,113,588.69	1.17%
Kaori Heat Treatment Co., Ltd.	8996.TT	Y4573A125	Industrials	76,678	$2,941,393.65	1.11%
Nexa Resources SA	NEXA	L67359106	Materials	191,604	$2,833,823.16	1.07%
AmTRAN Technology Co., Ltd.	2489.TT	Y0124Y109	Consumer Discretionary	2,075,832	$2,724,517.16	1.03%
Katilimevim Tasarruf Finansman AS	KTLEV.TI	M6250U103	Financials	1,154,138	$2,661,814.27	1.00%
Pell Bio-Med Technology Co., Ltd.	6949.TT	Y6S8LC103	Health Care	92,506	$2,536,781.22	0.96%
Reliance Power Limited	RPWR.IS	Y7236V105	Utilities	7,562,117	$2,417,916.75	0.91%
PT Bukalapak.com Tbk	BUKA.IJ	Y1R0GP109	Consumer Discretionary	248,091,578	$2,353,891.74	0.89%
PT Darma Henwa Tbk	DEWA.IJ	Y711A6100	Materials	79,093,416	$2,356,558.24	0.89%
Life Healthcare Group Holdings Limited	LHC.SJ	S4682C100	Health Care	3,007,169	$2,256,508.63	0.85%
Movida Participacoes S.A.	MOVI3.BZ	P6S8CC103	Industrials	820,741	$2,265,233.02	0.85%
Q Technology (Group) Company Limited	1478.HK	G7306T105	Information Technology	2,158,039	$2,259,308.37	0.85%
Coca-Cola Icecek A.S.	CCOLA.TI	M2R39A121	Consumer Staples	1,281,101	$2,235,937.63	0.84%
Simpar SA	SIMH3.BZ		Industrials	921,371	$2,226,249.92	0.84%
ChipMOS TECHNOLOGIES INC.	8150.TT	Y1566L100	Information Technology	968,205	$2,206,953.67	0.83%
Migros Ticaret A.S.	MGROS.TI	M7024Q105	Consumer Staples	149,799	$2,192,627.84	0.83%
Reysas Gayrimenkul Yatirim Otakligi AS	RYGYO.TI	M8215U103	Real Estate	3,086,647	$2,198,858.06	0.83%
C Sun Manufacturing Ltd.	2467.TT	Y1823W105	Industrials	128,138	$2,185,532.26	0.82%
Hyprop Investments Limited	HYP.SJ	S3723H102	Real Estate	646,553	$2,180,875.25	0.82%
Companhia Brasileira de Aluminio	CBAV3.BZ	P3059U100	Materials	1,009,120	$2,145,840.90	0.81%
Tofas Turk Otomobil Fabrikasi A.S.	TOASO.TI	M87892101	Consumer Discretionary	329,693	$2,150,490.85	0.81%
Anadolu Anonim Tuerk Sigorta Sirketi	ANSGR.TI	M10028104	Financials	3,310,842	$2,106,497.42	0.79%
HTC Corporation	2498.TT	Y3732M111	Information Technology	1,654,840	$2,098,519.48	0.79%
Tanwan Inc.	9890.HK	G989M7107	Communication Services	1,070,600	$2,107,725.17	0.79%
Thaifoods Group Pcl	TFG.TB	Y8636A105	Consumer Staples	7,736,300	$2,109,250.00	0.79%
La Comer, S.A.B. de C.V.	LACOMUBC.MM	P6125F114	Consumer Staples	859,739	$2,083,886.71	0.78%
PetroReconcavo SA	RECV3.BZ	P7S19P135	Energy	755,222	$2,058,742.73	0.78%
Sarkuysan Elektrolitik Bakir Sanaye ve Ticaret A.S.	SARKY.TI	M82339108	Industrials	3,345,202	$2,067,293.13	0.78%
Sok Marketler Ticaret AS	SOKM.TI	M8T8CL101	Consumer Staples	1,844,922	$2,074,099.76	0.78%
Telkom SA SOC Limited	TKG.SJ	S84197102	Communication Services	590,694	$2,077,478.44	0.78%
Enerjisa Enerji AS	ENJSA.TI	M4049T107	Utilities	788,241	$2,056,586.05	0.77%
Grupo Mateus SA	GMAT3.BZ		Consumer Staples	2,254,418	$2,036,507.22	0.77%
Weibo Corporation (Class A)	9898.HK	G9515T108	Communication Services	236,900	$2,006,819.71	0.76%
Banco do Estado do Rio Grande do Sul SA (Banrisul) (Preference)	BRSR6.BZ	P12553247	Financials	614,247	$1,992,391.32	0.75%
Europower Enerji ve Otomasyon Teknolojileri Sanayi ve Ticaret AS	EUPWR.TI	M4117J114	Industrials	2,193,815	$2,001,392.22	0.75%
PT Pabrik Kertas Tjiwi Kimia Tbk	TKIM.IJ	Y7148G121	Materials	3,874,689	$1,995,066.94	0.75%
Machvision Inc.	3563.TT	Y5360T110	Information Technology	68,284	$1,956,970.99	0.74%
Apex Mining Company, Inc.	APX.PM	Y01780140	Materials	6,763,700	$1,926,651.73	0.73%
Fufeng Group Limited	546.HK	G36844119	Materials	2,298,643	$1,942,816.95	0.73%
GT Capital Holdings, Inc.	GTCAP.PM	Y29045104	Industrials	237,050	$1,948,866.47	0.73%
Regional Container Lines Pcl	RCL.TB	Y72509139	Industrials	2,124,400	$1,947,039.43	0.73%
Ruentex Industries Limited	2915.TT	Y7367H107	Consumer Discretionary	1,384,626	$1,951,197.60	0.73%
CW Enerji Muhendislik Ticaret ve Sanayi AS	CWENE.TI	M2681T112	Industrials	2,459,225	$1,915,042.09	0.72%
Empreendimentos Pague Menos S/A	PGMN3.BZ	P37191106	Consumer Staples	1,706,242	$1,906,187.04	0.72%
Aygaz A.S.	AYGAZ.TI	M1548S101	Utilities	309,618	$1,881,694.43	0.71%
EZ Tec Empreendimentos e Participacoes SA	EZTC3.BZ	P3912H106	Consumer Discretionary	606,338	$1,860,099.79	0.70%
Azzas 2154 SA	AZZA3.BZ	P0R0NH101	Consumer Discretionary	412,286	$1,806,967.31	0.68%
Cia Sud Americana de Vapores SA	VAPORES.CI	P3064M101	Industrials	31,250,593	$1,815,050.91	0.68%
PT Elang Mahkota Teknologi Tbk	EMTK.IJ	Y71259108	Communication Services	36,062,462	$1,815,119.58	0.68%
Turkiye Sinai Kalkinma Bankasi A.S.	TSKB.TI	M8973M103	Financials	6,498,906	$1,776,637.71	0.67%
Gubre Fabrikalari T.A.S.	GUBRF.TI	M5246E108	Materials	152,568	$1,754,260.29	0.66%
Pegasus Hava Tasimaciligi AS	PGSUS.TI	M7846J107	Industrials	411,412	$1,741,998.27	0.66%
Petkim Petrokimya Holding A.S.	PETKM.TI	M7871F103	Materials	3,402,585	$1,742,196.24	0.66%
PT Indofood Sukses Makmur Tbk	INDF.IJ	Y7128X128	Consumer Staples	4,344,533	$1,753,145.37	0.66%
Resilient REIT Ltd.	RES.SJ	S6990F105	Real Estate	350,881	$1,751,763.62	0.66%
Astor Enerji A.S.	ASTOR.TI	M1505L115	Industrials	370,271	$1,713,698.60	0.65%
Tianneng Power International Limited	819.HK	G8655K109	Consumer Discretionary	1,725,273	$1,726,936.06	0.65%
BBB Foods Inc. (Class A)	TBBB	G0896C103	Consumer Staples	45,894	$1,711,846.20	0.64%
PT AKR Corporindo Tbk	AKRA.IJ	Y71161163	Energy	19,635,433	$1,692,611.81	0.64%
AP (Thailand) Pcl	AP.TB	Y0209X109	Real Estate	6,373,200	$1,668,890.96	0.63%
Dynamic Holding Co., Ltd.	3715.TT		Information Technology	296,547	$1,682,842.88	0.63%
Empresa Nacional de Telecomunicaciones S.A.	ENTEL.CI	P37115105	Communication Services	412,985	$1,674,313.20	0.63%
Grendene SA	GRND3.BZ	P49516100	Consumer Discretionary	1,788,314	$1,672,640.89	0.63%
The Foschini Group Limited	TFG.SJ	S29260155	Consumer Discretionary	393,740	$1,680,479.00	0.63%
Aksa Enerji Uretim A.S.	AKSEN.TI	M03829104	Utilities	936,483	$1,646,975.89	0.62%
Beijing Jingneng Clean Energy Co. Ltd. (Class H)	579.HK	Y0R7A0107	Utilities	5,631,491	$1,639,308.19	0.62%
C&A Modas Ltda.	CEAB3.BZ	P1S6UB100	Consumer Discretionary	700,546	$1,643,682.12	0.62%
IRPC Pcl	IRPC.TB	Y4177E101	Energy	33,797,500	$1,655,515.25	0.62%
Orbia Advance Corporacion, S.A.B. de C.V.	ORBIA*.MM	P7S81Y105	Materials	1,356,468	$1,642,386.55	0.62%
Xinyi Energy Holdings Limited	3868.HK	G9833A104	Utilities	10,694,000	$1,624,761.09	0.61%
Depo Auto Parts Industrial Co., Ltd.	6605.TT	Y2032B106	Consumer Discretionary	391,666	$1,595,570.53	0.60%
Pou Chen Corporation	9904.TT	Y70786101	Consumer Discretionary	1,833,774	$1,555,129.66	0.59%
PT Indah Kiat Pulp & Paper Tbk	INKP.IJ	Y71278116	Materials	2,718,008	$1,560,672.81	0.59%
Sri Trang Agro-Industry Pcl	STA.TB	Y81375225	Consumer Discretionary	3,007,600	$1,565,879.24	0.59%
Test Research Inc.	3030.TT	Y8591M102	Information Technology	152,336	$1,557,504.36	0.59%
Betagro Public Company Limited	BTG.TB	Y0880B103	Consumer Staples	2,194,100	$1,547,901.73	0.58%
DigiPlus Interactive Corp.	PLUS.PM	Y52573139	Consumer Discretionary	6,171,000	$1,525,077.37	0.57%
Thai Oil Pcl	TOP.TB	Y8620B101	Energy	1,098,200	$1,505,542.19	0.57%
Auren Energia SA	AURE3.BZ	P0R8D0102	Utilities	532,450	$1,489,772.47	0.56%
PT Indika Energy Tbk	INDY.IJ	Y71247103	Energy	6,527,078	$1,465,146.81	0.55%
Transcend Information, Inc.	2451.TT	Y8968F102	Information Technology	184,464	$1,470,776.27	0.55%
Zetrix Ai Berhad	ZETRIX.MK	Y6147P116	Industrials	6,661,400	$1,453,243.63	0.55%
Vukile Property Fund Limited	VKE.SJ	S9468N170	Real Estate	942,972	$1,372,576.53	0.52%
Lonking Holdings Ltd.	3339.HK	G5636C107	Industrials	3,192,532	$1,345,090.69	0.51%
PT Japfa Comfeed Indonesia Tbk	JPFA.IJ	Y71281144	Consumer Staples	8,804,612	$1,365,135.10	0.51%
Ripley Corp S.A.	RIPLEY.CI	P8130Y104	Consumer Discretionary	2,944,694	$1,343,591.60	0.51%
TR Anadolu Metal Madencilik Isletmeleri A.S.	TRMET.TI	M6411H108	Materials	455,060	$1,360,519.99	0.51%
Holy Stone Enterprise Co., Ltd.	3026.TT	Y3272Z100	Information Technology	188,712	$1,337,131.28	0.50%
USI Corporation	1304.TT	Y9316H105	Materials	2,843,605	$1,320,699.15	0.50%
MLP Saglik Hizmetleri AS	MPARK.TI	M7030H107	Health Care	127,267	$1,311,768.05	0.49%
Truworths International Limited	TRU.SJ	S8793H130	Consumer Discretionary	403,323	$1,292,673.89	0.49%
Turkiye Sise ve Cam Fabrikalari A.S. (Sisecam)	SISE.TI	M9013U105	Industrials	1,231,290	$1,299,268.61	0.49%
Betterware de Mexico SAPI de CV	BWMX	P1666E105	Consumer Discretionary	72,209	$1,262,213.32	0.48%
Dogan Sirketler Grubu Holding A.S.	DOHOL.TI	M2810S100	Consumer Discretionary	2,711,674	$1,276,152.90	0.48%
Dongyue Group Limited	189.HK	G2816P107	Materials	882,000	$1,281,484.08	0.48%
Elite Semiconductor Microelectronics Technology Inc.	3006.TT	Y2287H105	Information Technology	259,479	$1,279,173.97	0.48%
PT Jasa Marga (Persero) Tbk	JSMR.IJ	Y71285103	Industrials	6,739,686	$1,267,224.73	0.48%
Sansiri Pcl	SIRI.TB	Y7511B295	Real Estate	29,523,100	$1,273,331.48	0.48%
Ayala Land, Inc.	ALI.PM	Y0488F100	Real Estate	4,582,400	$1,238,599.16	0.47%
Brava Energia	BRAV3.BZ	P0001U147	Energy	309,064	$1,245,854.70	0.47%
CIMC Enric Holdings Ltd.	3899.HK	G2198S109	Industrials	946,433	$1,240,974.01	0.47%
Companhia de Saneamento de Minas Gerais (Copasa MG)	CSMG3.BZ	P28269101	Utilities	110,181	$1,245,238.09	0.47%
Cyrela Brazil Realty S.A. Empreendimentos e Participacoes	CYRE3.BZ	P34085103	Consumer Discretionary	232,703	$1,258,004.88	0.47%
Genertec Universal Medical Group Company Limited	2666.HK	Y2774E102	Health Care	1,648,593	$1,248,160.73	0.47%
China Conch Venture Holdings Limited	586.HK	G2116J108	Industrials	835,848	$1,218,697.11	0.46%
Dekon Food and Agriculture Group (Class H)	2419.HK	Y202NM101	Consumer Staples	146,974	$1,223,461.98	0.46%
Is Yatirim Menkul Degerler A.S.	ISMEN.TI	M6025C107	Financials	1,254,683	$1,215,020.27	0.46%
JG Summit Holdings, Inc.	JGS.PM	Y44425117	Industrials	2,679,700	$1,216,786.15	0.46%
Peker Gayrimenkul Yatirim Ortakligi AS	PEKGY.TI	M78651102	Real Estate	3,786,863	$1,213,954.30	0.46%
Megacable Holdings, S.A.B. de C.V. (Unit)	MEGACPO.MM	P652AE117	Communication Services	352,732	$1,202,875.15	0.45%
MRV Engenharia e Participacoes S.A.	MRVE3.BZ	P6986W107	Consumer Discretionary	807,809	$1,204,371.84	0.45%
Ruentex Development Co., Ltd.	9945.TT	Y73659123	Real Estate	1,566,271	$1,206,619.07	0.45%
Xtep International Holdings Limited	1368.HK	G98277109	Consumer Discretionary	2,135,500	$1,191,470.74	0.45%
PT Medco Energi Internasional Tbk	MEDC.IJ	Y7129J136	Energy	11,337,445	$1,180,642.23	0.44%
Shandong Weigao Group Medical Polymer Co. Ltd. (Class H)	1066.HK	Y76810103	Health Care	2,545,200	$1,179,589.53	0.44%
Vulcabras SA	VULC3.BZ	P98074118	Consumer Discretionary	362,869	$1,169,036.26	0.44%
Banpu Public Company Limited	BANPU.TB	Y069A8133	Energy	6,636,600	$1,124,500.92	0.42%
PT Bukit Asam Persero Tbk	PTBA.IJ	Y8520P101	Energy	6,506,553	$1,114,226.02	0.42%
Taiflex Scientific Co., Ltd.	8039.TT	Y83737109	Information Technology	243,642	$1,119,997.78	0.42%
Wistron NeWeb Corporation	6285.TT	Y96739100	Information Technology	152,635	$1,052,471.63	0.40%
Thungela Resources Ltd.	TGA.SJ	S84485101	Energy	124,283	$1,030,414.97	0.39%
Sigurd Microelectronics Corp.	6257.TT	Y79355106	Information Technology	173,565	$995,950.45	0.38%
Parque Arauco S.A.	PARAUCO.CI	P76328106	Real Estate	200,483	$970,532.45	0.37%
Engie Energia Chile S.A.	ECL.CI	P3762T101	Utilities	508,609	$962,224.06	0.36%
PT Bank Tabungan Negara (Persero) Tbk	BBTN.IJ	Y71197100	Financials	10,991,149	$947,458.03	0.36%
361 Degrees International Limited	1361.HK	G88493104	Consumer Discretionary	1,012,996	$918,265.88	0.35%
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Class D)	KRDMD.TI	M8765T100	Materials	1,168,331	$940,490.85	0.35%
Marcopolo SA (Preference)	POMO4.BZ	P64331112	Industrials	683,598	$922,184.12	0.35%
Energisa SA (Units)	ENGI11.BZ	P3769S114	Utilities	80,791	$896,125.93	0.34%
Fositek Corp.	6805.TT	Y261K6105	Information Technology	14,827	$897,808.39	0.34%
Prima Marine Pcl	PRM.TB	Y707BT107	Energy	3,388,300	$913,358.75	0.34%
Sunway Construction Group Berhad	SCGB.MK	Y83096100	Industrials	515,900	$906,891.05	0.34%
Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) (Peference A)	USIM5.BZ	P9632E117	Materials	628,829	$906,109.96	0.34%
Haci Omer Sabanci Holding A.S.	SAHOL.TI	M8223R100	Financials	403,819	$889,085.02	0.33%
PT Mitra Adiperkasa Tbk	MAPI.IJ	Y71299104	Consumer Discretionary	11,447,213	$864,252.99	0.33%
Raubex Group Limited	RBX.SJ	S68353101	Industrials	285,221	$875,158.68	0.33%
Haitian International Holdings Limited	1882.HK	G4232C108	Industrials	316,000	$861,768.67	0.32%
Jinan Acetate Chemical Co., Ltd.	4763.TT	G5138S105	Materials	617,072	$837,291.37	0.32%
Sendas Distribuidora SA	ASAI3.BZ	P8T81L100	Consumer Staples	447,079	$853,297.98	0.32%
China Airlines Limited	2610.TT	Y1374F105	Industrials	1,449,603	$822,619.71	0.31%
China Communications Services Corp. Ltd. (Class H)	552.HK	Y1436A102	Industrials	1,508,225	$829,938.26	0.31%
Chin-Poon Industrial Co., Ltd.	2355.TT	Y15427100	Information Technology	508,782	$812,941.47	0.31%
Dayang Enterprise Holdings Bhd	DEHB.MK	Y202BD104	Energy	1,729,600	$833,174.27	0.31%
TR Dogal Enerji Kaynaklari Arastirma ve Uretim A.S.	TRENJ.TI	M5698Y107	Energy	395,632	$811,609.28	0.31%
Ulker Biskuvi Sanayi A.S.	ULKER.TI	M90358108	Consumer Staples	306,464	$832,337.66	0.31%
Cogna Educacao	COGN3.BZ	P6S43Y203	Consumer Discretionary	1,341,236	$790,751.99	0.30%
Gentera, S.A.B. de C.V.	GENTERA*.MM	P4831V101	Financials	288,989	$784,584.77	0.30%
Scientech Corporation	3583.TT	Y7T40T113	Information Technology	28,609	$809,936.82	0.30%
Sime Darby Berhad	SIME.MK	Y7962G108	Industrials	1,454,100	$803,147.29	0.30%
TAV Havalimanlari Holding A.S.	TAVHL.TI	M8782T109	Industrials	117,308	$804,990.89	0.30%
Aksa Akrilik Kimya Sanayii A.S.	AKSA.TI	M0375X100	Consumer Discretionary	3,333,465	$771,030.75	0.29%
China Datang Corp Renewable Power Co., Ltd. (Class H)	1798.HK	Y1456S108	Utilities	4,079,000	$781,173.20	0.29%
ENEA S.A.	ENA.PW	X2232G104	Utilities	123,000	$778,639.71	0.29%
Star Petroleum Refining Pcl	SPRC.TB	Y8162W109	Energy	3,770,100	$766,563.77	0.29%
China Lesso Group Holdings Limited	2128.HK	G2157Q102	Industrials	1,287,865	$754,719.19	0.28%
PT Indo Tambangraya Megah Tbk	ITMG.IJ	Y71244100	Energy	464,050	$718,156.63	0.27%
I-Chiun Precision Industry Co., Ltd.	2486.TT	Y3857Q103	Information Technology	97,916	$689,133.94	0.26%
Jastrzebska Spolka Weglowa SA	JSW.PW	X4038D103	Materials	87,806	$682,110.47	0.26%
Tianli International Holdings Limited	1773.HK	G88846103	Consumer Discretionary	2,854,000	$685,037.25	0.26%
Sao Martinho S.A.	SMTO3.BZ	P8493J108	Consumer Staples	199,920	$645,670.11	0.24%
Thai Baht	$THB		Other	19,601,565	$603,515.04	0.23%
Data Patterns (India) Limited	DATAPATT.IS	Y2000Q101	Industrials	12,681	$557,205.36	0.21%
Eternal Materials Co., Ltd.	1717.TT	Y23471108	Materials	225,242	$562,694.40	0.21%
L&K Engineering Co., Ltd.	6139.TT	Y5341A107	Industrials	24,760	$558,891.67	0.21%
AU Optronics Corp.	2409.TT	Y0453H107	Information Technology	894,755	$503,500.02	0.19%
Cyfrowy Polsat S.A.	CPS.PW	X1809Y100	Communication Services	129,308	$484,090.16	0.18%
Genting Berhad	GENT.MK	Y26926116	Consumer Discretionary	736,800	$477,572.75	0.18%
Legend Holdings Corporation (Class H)	3396.HK	Y52237107	Information Technology	396,247	$475,550.03	0.18%
Amata Corp Public Company Ltd.	AMATA.TB	Y0099Y159	Real Estate	704,400	$442,691.31	0.17%
Baticim Bati Anadolu Cimento Sanayii A.S.	BTCIM.TI	M19176102	Materials	3,033,733	$438,310.93	0.17%
Ch. Karnchang Public Company Ltd.	CK.TB	Y15663134	Industrials	863,500	$441,592.73	0.17%
Fortress Real Estate Investments Limited (Class B)	FFB.SJ	S30253108	Real Estate	314,324	$457,904.10	0.17%
Mahle-Metal Leve S.A.	LEVE3.BZ	P6528U106	Consumer Discretionary	60,564	$440,826.37	0.17%
Weikeng Industrial Co., Ltd.	3033.TT	Y9533L103	Information Technology	407,986	$452,699.81	0.17%
AcBel Polytech Inc.	6282.TT	Y0002J109	Industrials	284,516	$432,957.17	0.16%
African Rainbow Minerals Ltd.	ARI.SJ	S01680107	Materials	30,087	$417,412.96	0.16%
Alpargatas SA (Preference)	ALPA4.BZ	P0246W106	Consumer Discretionary	170,899	$416,689.38	0.16%
Grupo SBF S.A.	SBFG3.BZ	P49796116	Consumer Discretionary	172,429	$422,142.88	0.16%
Supalai Pcl	SPALI.TB	Y8309K182	Real Estate	821,100	$419,909.43	0.16%
TravelSky Technology Ltd. (Class H)	696.HK	Y8972V101	Consumer Discretionary	329,000	$412,486.51	0.16%
Vina Concha y Toro S.A.	CONCHA.CI	P9796J100	Consumer Staples	428,504	$431,565.49	0.16%
Yulon Motor Co., Ltd.	2201.TT	Y9870K106	Consumer Discretionary	476,983	$415,089.98	0.16%
Astral Foods Limited	ARL.SJ	S0752H102	Consumer Staples	27,246	$398,721.95	0.15%
BAIC Motor Corporation Limited (Class H)	1958.HK	Y0506H104	Consumer Discretionary	2,079,759	$400,951.94	0.15%
Bangkok Life Assurance Pcl	BLA.TB	Y0608V118	Financials	656,100	$410,315.16	0.15%
China BlueChemical Ltd. (Class H)	3983.HK	Y14251105	Materials	1,156,000	$392,592.36	0.15%
China Motor Corporation	2204.TT	Y1499J107	Consumer Discretionary	234,187	$398,688.83	0.15%
China Risun Group Limited	1907.HK	G2120H106	Materials	997,000	$403,512.31	0.15%
Chun Yuan Steel Industrial Co., Ltd.	2010.TT	Y1626N104	Materials	524,200	$408,817.17	0.15%
Evergreen International Storage & Transport Corp.	2607.TT	Y2376C108	Industrials	256,910	$397,871.27	0.15%
Lojas Renner S.A.	LREN3.BZ	P6332C102	Consumer Discretionary	141,655	$405,970.18	0.15%
MBK Pcl	MBK.TB	Y5925H155	Real Estate	778,100	$407,507.70	0.15%
Motus Holdings Limited	MTH.SJ	S5252J102	Consumer Discretionary	59,889	$406,365.17	0.15%
SLC Agricola SA	SLCE3.BZ	P8711D107	Consumer Staples	113,263	$396,810.41	0.15%
Thanachart Capital Pcl	TCAP.TB	Y8738D205	Financials	235,800	$401,353.97	0.15%
Valesto Energy Berhad	VEB.MK	Y9036W101	Energy	4,832,800	$390,036.82	0.15%
Empresas CMPC S.A.	CMPC.CI	P3712V107	Materials	300,725	$376,834.95	0.14%
Sri Trang Gloves (Thailand) Pcl	STGT.TB	Y813B5139	Health Care	1,195,000	$379,189.77	0.14%
UPC Technology Corporation	1313.TT	Y9300L104	Materials	1,029,679	$380,298.65	0.14%
US Dollar	$USD		Other	384,698	$384,697.77	0.14%
Brazilian Real	$BRL		Other	1,588,043	$316,551.29	0.12%
Philippine Peso	$PHP		Other	2,935,246	$48,520.47	0.02%
Indian Rupee	$INR		Other	1,503,940	$15,980.45	0.01%
Malaysian Ringgit	$MYR		Other	108,738	$27,424.46	0.01%
China Metal Recycling (Holdings) Limited	773.HK	G21131100	Materials	11,550	$0.00	0.00%
China Zhongwang Holdings Ltd.	2566149D.HK	G215AT102	Materials	3,171,951	$0.00	0.00%
Colombian Peso	$COP		Other	1,469,458	$412.88	0.00%
Egyptian Pound	$EGP		Other	9,136	$173.62	0.00%
Euro	$EUR		Other	1	$0.85	0.00%
Federal Grid Co Unified Energy System PJSC	FEES.RM	X2393G109	Utilities	653,736,712	$0.00	0.00%
Forint	$HUF		Other	8	$0.03	0.00%
Hong Kong Dollar	$HKD		Other	0	$0.00	0.00%
Mechel PJSC	MTLR.RM	X8487H101	Materials	580,351	$0.00	0.00%
Mexican Peso	$MXN		Other	1	$0.07	0.00%
New Turkish Lira	$TRY		Other	30	$0.68	0.00%
Russian Ruble	$RUB		Other	0	$0.00	0.00%
Zloty	$PLN		Other	23	$6.31	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.