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

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Holdings

Holdings of the Fund as of 4/17/2026
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Total Number of Holdings (excluding cash): 204

Security Name	Identifier	CUSIP	Classification	Shares / Quantity	Market Value	Weighting
ITEQ Corporation	6213.TT	Y4212E108	Information Technology	438,710	$3,840,075.90	1.42%
JHSF Participacoes SA	JHSF3.BZ	P6050T105	Real Estate	1,147,926	$3,183,723.95	1.17%
Kaori Heat Treatment Co., Ltd.	8996.TT	Y4573A125	Industrials	77,007	$3,107,867.57	1.15%
Nexa Resources SA	NEXA	L67359106	Materials	192,427	$3,078,832.00	1.14%
AmTRAN Technology Co., Ltd.	2489.TT	Y0124Y109	Consumer Discretionary	2,084,749	$2,981,656.21	1.10%
Topoint Technology Co., Ltd.	8021.TT	Y88973105	Information Technology	214,480	$2,719,502.19	1.00%
PT Bukalapak.com Tbk	BUKA.IJ	Y1R0GP109	Consumer Discretionary	249,157,277	$2,537,243.14	0.94%
PT Darma Henwa Tbk	DEWA.IJ	Y711A6100	Materials	79,433,169	$2,542,231.19	0.94%
Q Technology (Group) Company Limited	1478.HK	G7306T105	Information Technology	2,168,039	$2,371,948.06	0.88%
Reliance Power Limited	RPWR.IS	Y7236V105	Utilities	7,594,601	$2,383,641.83	0.88%
Life Healthcare Group Holdings Limited	LHC.SJ	S4682C100	Health Care	3,020,086	$2,343,393.93	0.86%
Movida Participacoes S.A.	MOVI3.BZ	P6S8CC103	Industrials	824,266	$2,325,766.86	0.86%
Reysas Gayrimenkul Yatirim Otakligi AS	RYGYO.TI	M8215U103	Real Estate	3,099,906	$2,329,303.67	0.86%
Simpar SA	SIMH3.BZ		Industrials	925,329	$2,295,240.06	0.85%
C Sun Manufacturing Ltd.	2467.TT	Y1823W105	Industrials	128,688	$2,285,531.61	0.84%
Coca-Cola Icecek A.S.	CCOLA.TI	M2R39A121	Consumer Staples	1,286,604	$2,265,823.02	0.84%
Hyprop Investments Limited	HYP.SJ	S3723H102	Real Estate	649,330	$2,276,832.80	0.84%
Pell Bio-Med Technology Co., Ltd.	6949.TT	Y6S8LC103	Health Care	92,903	$2,289,917.19	0.84%
Enerjisa Enerji AS	ENJSA.TI	M4049T107	Utilities	791,627	$2,240,489.72	0.83%
Migros Ticaret A.S.	MGROS.TI	M7024Q105	Consumer Staples	150,442	$2,250,004.42	0.83%
Sarkuysan Elektrolitik Bakir Sanaye ve Ticaret A.S.	SARKY.TI	M82339108	Industrials	3,359,572	$2,259,984.69	0.83%
HTC Corporation	2498.TT	Y3732M111	Information Technology	1,661,949	$2,201,645.43	0.81%
Katilimevim Tasarruf Finansman AS	KTLEV.TI	M6250U103	Financials	1,159,095	$2,196,871.03	0.81%
Thaifoods Group Pcl	TFG.TB	Y8636A105	Consumer Staples	7,765,300	$2,199,265.60	0.81%
Companhia Brasileira de Aluminio	CBAV3.BZ	P3059U100	Materials	1,013,455	$2,161,977.67	0.80%
Sok Marketler Ticaret AS	SOKM.TI	M8T8CL101	Consumer Staples	1,852,847	$2,171,152.54	0.80%
Tofas Turk Otomobil Fabrikasi A.S.	TOASO.TI	M87892101	Consumer Discretionary	331,110	$2,169,203.39	0.80%
Anadolu Anonim Tuerk Sigorta Sirketi	ANSGR.TI	M10028104	Financials	3,325,064	$2,101,195.47	0.78%
ChipMOS TECHNOLOGIES INC.	8150.TT	Y1566L100	Information Technology	972,364	$2,116,638.28	0.78%
Fufeng Group Limited	546.HK	G36844119	Materials	2,308,643	$2,109,973.07	0.78%
Machvision Inc.	3563.TT	Y5360T110	Information Technology	68,577	$2,123,626.81	0.78%
Telkom SA SOC Limited	TKG.SJ	S84197102	Communication Services	593,231	$2,118,810.05	0.78%
Grupo Mateus SA	GMAT3.BZ		Consumer Staples	2,264,102	$2,094,644.78	0.77%
La Comer, S.A.B. de C.V.	LACOMUBC.MM	P6125F114	Consumer Staples	863,432	$2,087,670.01	0.77%
Regional Container Lines Pcl	RCL.TB	Y72509139	Industrials	2,132,400	$2,093,683.47	0.77%
Tanwan Inc.	9890.HK	G989M7107	Communication Services	1,075,200	$2,089,916.21	0.77%
Weibo Corporation (Class A)	9898.HK	G9515T108	Communication Services	237,920	$2,092,299.40	0.77%
Banco do Estado do Rio Grande do Sul SA (Banrisul) (Preference)	BRSR6.BZ	P12553247	Financials	616,886	$2,061,259.27	0.76%
Apex Mining Company, Inc.	APX.PM	Y01780140	Materials	6,814,900	$2,014,642.10	0.74%
PT Elang Mahkota Teknologi Tbk	EMTK.IJ	Y71259108	Communication Services	36,217,371	$2,000,278.93	0.74%
PT Pabrik Kertas Tjiwi Kimia Tbk	TKIM.IJ	Y7148G121	Materials	3,891,333	$2,005,232.26	0.74%
Ruentex Industries Limited	2915.TT	Y7367H107	Consumer Discretionary	1,390,574	$1,997,992.87	0.74%
Empreendimentos Pague Menos S/A	PGMN3.BZ	P37191106	Consumer Staples	1,713,571	$1,967,032.81	0.73%
Europower Enerji ve Otomasyon Teknolojileri Sanayi ve Ticaret AS	EUPWR.TI	M4117J114	Industrials	2,203,239	$1,974,941.64	0.73%
GT Capital Holdings, Inc.	GTCAP.PM	Y29045104	Industrials	238,070	$1,982,594.94	0.73%
PetroReconcavo SA	RECV3.BZ	P7S19P135	Energy	758,466	$1,981,803.42	0.73%
CW Enerji Muhendislik Ticaret ve Sanayi AS	CWENE.TI	M2681T112	Industrials	2,469,789	$1,959,441.94	0.72%
EZ Tec Empreendimentos e Participacoes SA	EZTC3.BZ	P3912H106	Consumer Discretionary	608,943	$1,957,729.21	0.72%
Dynamic Holding Co., Ltd.	3715.TT		Information Technology	297,821	$1,918,308.98	0.71%
Aygaz A.S.	AYGAZ.TI	M1548S101	Utilities	310,948	$1,866,852.84	0.69%
C&A Modas Ltda.	CEAB3.BZ	P1S6UB100	Consumer Discretionary	703,555	$1,873,624.03	0.69%
Cia Sud Americana de Vapores SA	VAPORES.CI	P3064M101	Industrials	31,384,833	$1,859,947.93	0.69%
Azzas 2154 SA	AZZA3.BZ	P0R0NH101	Consumer Discretionary	414,057	$1,838,055.94	0.68%
Empresa Nacional de Telecomunicaciones S.A.	ENTEL.CI	P37115105	Communication Services	414,759	$1,843,242.03	0.68%
Gubre Fabrikalari T.A.S.	GUBRF.TI	M5246E108	Materials	153,223	$1,836,721.37	0.68%
Turkiye Sinai Kalkinma Bankasi A.S.	TSKB.TI	M8973M103	Financials	6,526,823	$1,842,127.00	0.68%
Pegasus Hava Tasimaciligi AS	PGSUS.TI	M7846J107	Industrials	413,180	$1,810,402.88	0.67%
Resilient REIT Ltd.	RES.SJ	S6990F105	Real Estate	352,388	$1,812,018.81	0.67%
The Foschini Group Limited	TFG.SJ	S29260155	Consumer Discretionary	395,431	$1,820,740.90	0.67%
Tianneng Power International Limited	819.HK	G8655K109	Consumer Discretionary	1,731,273	$1,792,176.61	0.66%
BBB Foods Inc. (Class A)	TBBB	G0896C103	Consumer Staples	46,091	$1,759,754.38	0.65%
PT Indofood Sukses Makmur Tbk	INDF.IJ	Y7128X128	Consumer Staples	4,363,195	$1,770,921.45	0.65%
IRPC Pcl	IRPC.TB	Y4177E101	Energy	33,924,200	$1,736,068.89	0.64%
AP (Thailand) Pcl	AP.TB	Y0209X109	Real Estate	6,397,100	$1,711,607.94	0.63%
Grendene SA	GRND3.BZ	P49516100	Consumer Discretionary	1,795,996	$1,712,034.23	0.63%
Orbia Advance Corporacion, S.A.B. de C.V.	ORBIA*.MM	P7S81Y105	Materials	1,362,295	$1,706,702.93	0.63%
PT AKR Corporindo Tbk	AKRA.IJ	Y71161163	Energy	19,719,779	$1,698,299.27	0.63%
Aksa Enerji Uretim A.S.	AKSEN.TI	M03829104	Utilities	940,506	$1,677,638.71	0.62%
Petkim Petrokimya Holding A.S.	PETKM.TI	M7871F103	Materials	3,417,201	$1,674,807.19	0.62%
Test Research Inc.	3030.TT	Y8591M102	Information Technology	152,990	$1,667,459.66	0.62%
Beijing Jingneng Clean Energy Co. Ltd. (Class H)	579.HK	Y0R7A0107	Utilities	5,655,491	$1,646,145.70	0.61%
Betagro Public Company Limited	BTG.TB	Y0880B103	Consumer Staples	2,202,300	$1,653,551.71	0.61%
Astor Enerji A.S.	ASTOR.TI	M1505L115	Industrials	371,862	$1,623,210.44	0.60%
Depo Auto Parts Industrial Co., Ltd.	6605.TT	Y2032B106	Consumer Discretionary	393,349	$1,628,126.42	0.60%
Pou Chen Corporation	9904.TT	Y70786101	Consumer Discretionary	1,841,651	$1,636,021.94	0.60%
Thai Oil Pcl	TOP.TB	Y8620B101	Energy	1,102,300	$1,586,803.19	0.59%
Xinyi Energy Holdings Limited	3868.HK	G9833A104	Utilities	10,740,000	$1,611,446.49	0.59%
PT Indah Kiat Pulp & Paper Tbk	INKP.IJ	Y71278116	Materials	2,729,684	$1,578,518.65	0.58%
Sri Trang Agro-Industry Pcl	STA.TB	Y81375225	Consumer Discretionary	3,018,900	$1,571,437.08	0.58%
Auren Energia SA	AURE3.BZ	P0R8D0102	Utilities	534,737	$1,550,677.74	0.57%
DigiPlus Interactive Corp.	PLUS.PM	Y52573139	Consumer Discretionary	6,197,600	$1,554,561.23	0.57%
Transcend Information, Inc.	2451.TT	Y8968F102	Information Technology	185,256	$1,471,781.06	0.54%
Holy Stone Enterprise Co., Ltd.	3026.TT	Y3272Z100	Information Technology	189,523	$1,432,502.54	0.53%
Ripley Corp S.A.	RIPLEY.CI	P8130Y104	Consumer Discretionary	2,957,343	$1,432,412.99	0.53%
TR Anadolu Metal Madencilik Isletmeleri A.S.	TRMET.TI	M6411H108	Materials	457,015	$1,433,104.69	0.53%
PT Japfa Comfeed Indonesia Tbk	JPFA.IJ	Y71281144	Consumer Staples	8,842,433	$1,407,076.49	0.52%
Vukile Property Fund Limited	VKE.SJ	S9468N170	Real Estate	947,022	$1,400,289.93	0.52%
Zetrix Ai Berhad	ZETRIX.MK	Y6147P116	Industrials	6,690,000	$1,415,372.11	0.52%
Truworths International Limited	TRU.SJ	S8793H130	Consumer Discretionary	405,055	$1,380,356.22	0.51%
Betterware de Mexico SAPI de CV	BWMX	P1666E105	Consumer Discretionary	72,520	$1,361,925.60	0.50%
Lonking Holdings Ltd.	3339.HK	G5636C107	Industrials	3,206,532	$1,342,414.28	0.50%
MLP Saglik Hizmetleri AS	MPARK.TI	M7030H107	Health Care	127,814	$1,363,007.11	0.50%
PT Indika Energy Tbk	INDY.IJ	Y71247103	Energy	6,555,116	$1,344,584.73	0.50%
Ayala Land, Inc.	ALI.PM	Y0488F100	Real Estate	4,602,100	$1,323,818.90	0.49%
Dongyue Group Limited	189.HK	G2816P107	Materials	886,000	$1,331,585.55	0.49%
Turkiye Sise ve Cam Fabrikalari A.S. (Sisecam)	SISE.TI	M9013U105	Industrials	1,236,579	$1,328,467.54	0.49%
USI Corporation	1304.TT	Y9316H105	Materials	2,855,820	$1,321,277.40	0.49%
Cyrela Brazil Realty S.A. Empreendimentos e Participacoes	CYRE3.BZ	P34085103	Consumer Discretionary	233,703	$1,300,082.72	0.48%
Dekon Food and Agriculture Group (Class H)	2419.HK	Y202NM101	Consumer Staples	147,574	$1,295,790.10	0.48%
Dogan Sirketler Grubu Holding A.S.	DOHOL.TI	M2810S100	Consumer Discretionary	2,723,323	$1,298,805.62	0.48%
Elite Semiconductor Microelectronics Technology Inc.	3006.TT	Y2287H105	Information Technology	260,594	$1,303,374.97	0.48%
Sansiri Pcl	SIRI.TB	Y7511B295	Real Estate	29,633,800	$1,302,692.89	0.48%
Wistron NeWeb Corporation	6285.TT	Y96739100	Information Technology	153,290	$1,306,119.82	0.48%
CIMC Enric Holdings Ltd.	3899.HK	G2198S109	Industrials	950,433	$1,279,423.20	0.47%
Companhia de Saneamento de Minas Gerais (Copasa MG)	CSMG3.BZ	P28269101	Utilities	110,655	$1,273,555.68	0.47%
Is Yatirim Menkul Degerler A.S.	ISMEN.TI	M6025C107	Financials	1,260,073	$1,283,789.08	0.47%
PT Jasa Marga (Persero) Tbk	JSMR.IJ	Y71285103	Industrials	6,768,637	$1,285,595.53	0.47%
Vulcabras SA	VULC3.BZ	P98074118	Consumer Discretionary	364,427	$1,265,231.86	0.47%
China Conch Venture Holdings Limited	586.HK	G2116J108	Industrials	839,348	$1,255,245.03	0.46%
Genertec Universal Medical Group Company Limited	2666.HK	Y2774E102	Health Care	1,655,593	$1,252,931.25	0.46%
MRV Engenharia e Participacoes S.A.	MRVE3.BZ	P6986W107	Consumer Discretionary	811,279	$1,252,016.48	0.46%
Ruentex Development Co., Ltd.	9945.TT	Y73659123	Real Estate	1,572,999	$1,234,443.96	0.46%
Xtep International Holdings Limited	1368.HK	G98277109	Consumer Discretionary	2,144,500	$1,245,822.28	0.46%
Brava Energia	BRAV3.BZ	P0001U147	Energy	310,392	$1,217,785.37	0.45%
Megacable Holdings, S.A.B. de C.V. (Unit)	MEGACPO.MM	P652AE117	Communication Services	354,247	$1,223,840.45	0.45%
Peker Gayrimenkul Yatirim Ortakligi AS	PEKGY.TI	M78651102	Real Estate	3,803,130	$1,219,457.48	0.45%
JG Summit Holdings, Inc.	JGS.PM	Y44425117	Industrials	2,691,200	$1,205,750.83	0.44%
Shandong Weigao Group Medical Polymer Co. Ltd. (Class H)	1066.HK	Y76810103	Health Care	2,556,400	$1,189,604.04	0.44%
PT Medco Energi Internasional Tbk	MEDC.IJ	Y7129J136	Energy	11,386,146	$1,131,014.22	0.42%
Taiflex Scientific Co., Ltd.	8039.TT	Y83737109	Information Technology	244,689	$1,132,131.70	0.42%
Banpu Public Company Limited	BANPU.TB	Y069A8133	Energy	6,661,500	$1,122,162.66	0.41%
PT Bukit Asam Persero Tbk	PTBA.IJ	Y8520P101	Energy	6,534,502	$1,102,709.09	0.41%
Parque Arauco S.A.	PARAUCO.CI	P76328106	Real Estate	201,345	$1,032,597.30	0.38%
Engie Energia Chile S.A.	ECL.CI	P3762T101	Utilities	510,794	$1,004,647.88	0.37%
Sigurd Microelectronics Corp.	6257.TT	Y79355106	Information Technology	174,310	$995,601.12	0.37%
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Class D)	KRDMD.TI	M8765T100	Materials	1,173,350	$963,052.18	0.36%
Marcopolo SA (Preference)	POMO4.BZ	P64331112	Industrials	686,534	$965,814.09	0.36%
Thungela Resources Ltd.	TGA.SJ	S84485101	Energy	124,816	$975,005.28	0.36%
Haci Omer Sabanci Holding A.S.	SAHOL.TI	M8223R100	Financials	405,554	$947,754.55	0.35%
361 Degrees International Limited	1361.HK	G88493104	Consumer Discretionary	1,017,996	$911,606.82	0.34%
Energisa SA (Units)	ENGI11.BZ	P3769S114	Utilities	81,138	$933,837.24	0.34%
Jinan Acetate Chemical Co., Ltd.	4763.TT	G5138S105	Materials	619,723	$933,006.91	0.34%
Prima Marine Pcl	PRM.TB	Y707BT107	Energy	3,401,000	$932,869.94	0.34%
Sunway Construction Group Berhad	SCGB.MK	Y83096100	Industrials	518,100	$912,327.89	0.34%
Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) (Peference A)	USIM5.BZ	P9632E117	Materials	631,530	$913,782.26	0.34%
Cogna Educacao	COGN3.BZ	P6S43Y203	Consumer Discretionary	1,346,997	$883,950.31	0.33%
Fositek Corp.	6805.TT	Y261K6105	Information Technology	14,891	$907,509.55	0.33%
Haitian International Holdings Limited	1882.HK	G4232C108	Industrials	318,000	$883,746.52	0.33%
Raubex Group Limited	RBX.SJ	S68353101	Industrials	286,446	$906,202.34	0.33%
Chin-Poon Industrial Co., Ltd.	2355.TT	Y15427100	Information Technology	510,968	$854,585.29	0.32%
PT Mitra Adiperkasa Tbk	MAPI.IJ	Y71299104	Consumer Discretionary	11,496,386	$863,054.21	0.32%
TR Dogal Enerji Kaynaklari Arastirma ve Uretim A.S.	TRENJ.TI	M5698Y107	Energy	397,331	$873,898.78	0.32%
Ulker Biskuvi Sanayi A.S.	ULKER.TI	M90358108	Consumer Staples	307,780	$854,911.03	0.32%
China Airlines Limited	2610.TT	Y1374F105	Industrials	1,455,830	$847,302.97	0.31%
PT Bank Tabungan Negara (Persero) Tbk	BBTN.IJ	Y71197100	Financials	11,038,362	$844,826.53	0.31%
Sendas Distribuidora SA	ASAI3.BZ	P8T81L100	Consumer Staples	448,999	$851,511.77	0.31%
TAV Havalimanlari Holding A.S.	TAVHL.TI	M8782T109	Industrials	117,811	$840,370.95	0.31%
Aksa Akrilik Kimya Sanayii A.S.	AKSA.TI	M0375X100	Consumer Discretionary	3,347,784	$816,881.09	0.30%
China Communications Services Corp. Ltd. (Class H)	552.HK	Y1436A102	Industrials	1,514,225	$817,670.06	0.30%
Dayang Enterprise Holdings Bhd	DEHB.MK	Y202BD104	Energy	1,737,100	$823,741.83	0.30%
ENEA S.A.	ENA.PW	X2232G104	Utilities	123,529	$811,190.36	0.30%
Sime Darby Berhad	SIME.MK	Y7962G108	Industrials	1,460,400	$821,377.73	0.30%
China Datang Corp Renewable Power Co., Ltd. (Class H)	1798.HK	Y1456S108	Utilities	4,097,000	$788,865.65	0.29%
China Lesso Group Holdings Limited	2128.HK	G2157Q102	Industrials	1,293,865	$797,809.91	0.29%
Gentera, S.A.B. de C.V.	GENTERA*.MM	P4831V101	Financials	290,230	$777,644.15	0.29%
Star Petroleum Refining Pcl	SPRC.TB	Y8162W109	Energy	3,784,200	$767,801.29	0.28%
Tianli International Holdings Limited	1773.HK	G88846103	Consumer Discretionary	2,866,000	$761,362.75	0.28%
PT Indo Tambangraya Megah Tbk	ITMG.IJ	Y71244100	Energy	466,043	$722,017.19	0.27%
Scientech Corporation	3583.TT	Y7T40T113	Information Technology	28,731	$707,471.73	0.26%
Jastrzebska Spolka Weglowa SA	JSW.PW	X4038D103	Materials	88,183	$671,758.00	0.25%
Sao Martinho S.A.	SMTO3.BZ	P8493J108	Consumer Staples	200,779	$660,405.55	0.24%
Eternal Materials Co., Ltd.	1717.TT	Y23471108	Materials	226,210	$587,031.04	0.22%
I-Chiun Precision Industry Co., Ltd.	2486.TT	Y3857Q103	Information Technology	98,337	$584,982.46	0.22%
AU Optronics Corp.	2409.TT	Y0453H107	Information Technology	898,599	$572,771.70	0.21%
L&K Engineering Co., Ltd.	6139.TT	Y5341A107	Industrials	24,866	$580,803.53	0.21%
Thai Baht	$THB		Other	17,036,261	$533,299.76	0.20%
Data Patterns (India) Limited	DATAPATT.IS	Y2000Q101	Industrials	12,736	$481,903.03	0.18%
Legend Holdings Corporation (Class H)	3396.HK	Y52237107	Information Technology	397,947	$478,773.68	0.18%
AcBel Polytech Inc.	6282.TT	Y0002J109	Industrials	285,739	$469,766.15	0.17%
Amata Corp Public Company Ltd.	AMATA.TB	Y0099Y159	Real Estate	707,100	$454,003.25	0.17%
Baticim Bati Anadolu Cimento Sanayii A.S.	BTCIM.TI	M19176102	Materials	3,046,765	$453,473.68	0.17%
Ch. Karnchang Public Company Ltd.	CK.TB	Y15663134	Industrials	866,700	$466,895.40	0.17%
Fortress Real Estate Investments Limited (Class B)	FFB.SJ	S30253108	Real Estate	315,674	$471,282.48	0.17%
Genting Berhad	GENT.MK	Y26926116	Consumer Discretionary	740,000	$447,334.65	0.17%
Grupo SBF S.A.	SBFG3.BZ	P49796116	Consumer Discretionary	173,170	$465,683.58	0.17%
Mahle-Metal Leve S.A.	LEVE3.BZ	P6528U106	Consumer Discretionary	60,825	$447,494.86	0.17%
Vina Concha y Toro S.A.	CONCHA.CI	P9796J100	Consumer Staples	430,345	$456,608.58	0.17%
Weikeng Industrial Co., Ltd.	3033.TT	Y9533L103	Information Technology	409,738	$453,748.89	0.17%
African Rainbow Minerals Ltd.	ARI.SJ	S01680107	Materials	30,217	$445,751.87	0.16%
Alpargatas SA (Preference)	ALPA4.BZ	P0246W106	Consumer Discretionary	171,634	$433,308.73	0.16%
Astral Foods Limited	ARL.SJ	S0752H102	Consumer Staples	27,363	$432,129.13	0.16%
Bangkok Life Assurance Pcl	BLA.TB	Y0608V118	Financials	658,500	$421,200.96	0.16%
Cyfrowy Polsat S.A.	CPS.PW	X1809Y100	Communication Services	129,863	$422,260.48	0.16%
Lojas Renner S.A.	LREN3.BZ	P6332C102	Consumer Discretionary	142,263	$440,525.81	0.16%
Motus Holdings Limited	MTH.SJ	S5252J102	Consumer Discretionary	60,146	$430,141.75	0.16%
Supalai Pcl	SPALI.TB	Y8309K182	Real Estate	824,200	$424,942.26	0.16%
TravelSky Technology Ltd. (Class H)	696.HK	Y8972V101	Consumer Discretionary	330,000	$422,942.09	0.16%
BAIC Motor Corporation Limited (Class H)	1958.HK	Y0506H104	Consumer Discretionary	2,088,259	$402,358.22	0.15%
China BlueChemical Ltd. (Class H)	3983.HK	Y14251105	Materials	1,162,000	$400,351.46	0.15%
China Motor Corporation	2204.TT	Y1499J107	Consumer Discretionary	235,193	$408,725.81	0.15%
China Risun Group Limited	1907.HK	G2120H106	Materials	1,002,000	$400,662.30	0.15%
Chun Yuan Steel Industrial Co., Ltd.	2010.TT	Y1626N104	Materials	526,452	$416,660.06	0.15%
Empresas CMPC S.A.	CMPC.CI	P3712V107	Materials	302,017	$399,373.55	0.15%
Evergreen International Storage & Transport Corp.	2607.TT	Y2376C108	Industrials	258,014	$414,234.84	0.15%
MBK Pcl	MBK.TB	Y5925H155	Real Estate	781,000	$419,421.23	0.15%
SLC Agricola SA	SLCE3.BZ	P8711D107	Consumer Staples	113,750	$404,965.93	0.15%
Sri Trang Gloves (Thailand) Pcl	STGT.TB	Y813B5139	Health Care	1,199,500	$395,036.24	0.15%
Thanachart Capital Pcl	TCAP.TB	Y8738D205	Financials	236,700	$407,670.05	0.15%
UPC Technology Corporation	1313.TT	Y9300L104	Materials	1,034,102	$401,512.05	0.15%
Valesto Energy Berhad	VEB.MK	Y9036W101	Energy	4,853,600	$419,413.67	0.15%
Yulon Motor Co., Ltd.	2201.TT	Y9870K106	Consumer Discretionary	479,032	$409,433.09	0.15%
Brazilian Real	$BRL		Other	1,558,143	$312,936.60	0.12%
Philippine Peso	$PHP		Other	3,931,600	$65,464.47	0.02%
Indian Rupee	$INR		Other	1,503,940	$16,184.45	0.01%
South African Rand	$ZAR		Other	249,632	$15,307.90	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	$409.45	0.00%
Egyptian Pound	$EGP		Other	9,136	$176.30	0.00%
Euro	$EUR		Other	1	$0.86	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	$6.37	0.00%
US Dollar	$USD		Other	-811,447	($811,446.80)	-0.30%

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.