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

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Holdings

Holdings of the Fund as of 1/27/2023
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Total Number of Holdings (excluding cash): 207

Security Name	Identifier	CUSIP	Classification	Shares / Quantity	Market Value	Weighting
US Dollar	$USD		Other	6,062,857	$6,062,857.06	2.76%
Pegasus Hava Tasimaciligi AS	PGSUS.TI	M7846J107	Industrials	112,654	$3,256,552.34	1.48%
Jastrzebska Spolka Weglowa SA	JSW.PW	X4038D103	Materials	214,468	$3,184,782.68	1.45%
Enerjisa Enerji AS	ENJSA.TI	M4049T107	Utilities	1,546,740	$2,725,849.15	1.24%
Dogan Sirketler Grubu Holding A.S.	DOHOL.TI	M2810S100	Consumer Discretionary	5,579,283	$2,646,520.42	1.20%
Is Yatirim Menkul Degerler A.S.	ISMEN.TI	M6025C107	Financials	973,044	$2,571,703.33	1.17%
A-Living Smart City Services Co., Ltd. (Class H)	3319.HK	Y0038M100	Real Estate	1,826,972	$2,496,942.74	1.14%
Hektas Ticaret T.A.S.	HEKTS.TI	M5297Q109	Materials	1,364,780	$2,471,947.79	1.12%
Grupo Comercial Chedraui, S.A.B. de C.V.	CHDRAUIB.MM	P4612W104	Consumer Staples	489,140	$2,409,371.66	1.10%
Vestel Elektronik Sanayi ve Ticaret A.S.	VESTL.TI	M9747B100	Consumer Discretionary	670,900	$2,390,367.06	1.09%
Turk Traktor ve Ziraat Makineleri A.S.	TTRAK.TI	M9044T101	Industrials	76,876	$2,307,330.34	1.05%
Orange Polska SA	OPL.PW	X5984X100	Communication Services	1,379,720	$2,259,713.64	1.03%
Haci Omer Sabanci Holding A.S.	SAHOL.TI	M8223R100	Financials	1,040,956	$2,208,702.74	1.01%
PT Medco Energi Internasional Tbk	MEDC.IJ	Y7129J136	Energy	24,091,240	$2,227,476.04	1.01%
Cimsa Cimento Sanayi ve Ticaret A.S.	CIMSA.TI	M2422Q104	Materials	461,895	$2,118,528.77	0.96%
Bradespar SA (Preference)	BRAP4.BZ	P1808W104	Materials	329,547	$2,064,229.64	0.94%
China Conch Venture Holdings Limited	586.HK	G2116J108	Industrials	907,922	$2,045,691.01	0.93%
China Yongda Automobiles Services Holdings Ltd.	3669.HK	G2162W102	Consumer Discretionary	2,159,100	$2,035,270.04	0.93%
Tekfen Holding A.S.	TKFEN.TI	M8788F103	Industrials	911,563	$2,043,710.12	0.93%
Fufeng Group Limited	546.HK	G36844119	Materials	2,833,902	$2,023,436.37	0.92%
Otokar Otomotiv ve Savunma Sanayi A.S.	OTKAR.TI	M76023106	Industrials	38,072	$2,019,936.27	0.92%
Migros Ticaret A.S.	MGROS.TI	M7024Q105	Consumer Staples	265,192	$1,998,307.29	0.91%
Sok Marketler Ticaret AS	SOKM.TI	M8T8CL101	Consumer Staples	1,297,683	$1,961,212.63	0.89%
Thai Oil Pcl (Foreign)	TOP/F.TB	Y8620B119	Energy	1,068,900	$1,959,278.47	0.89%
Cyfrowy Polsat S.A.	CPS.PW	X1809Y100	Communication Services	445,477	$1,943,830.32	0.88%
Petkim Petrokimya Holding A.S.	PETKM.TI	M7871F103	Materials	2,164,229	$1,925,445.13	0.88%
Anadolu Efes Biracilik ve Malt Sanayii A.S.	AEFES.TI	M10225106	Consumer Staples	669,901	$1,877,384.52	0.85%
MLP Saglik Hizmetleri AS	MPARK.TI	M7030H107	Health Care	436,020	$1,854,933.70	0.84%
Shougang Fushan Resources Group Limited	639.HK	Y7760F104	Materials	4,961,238	$1,856,737.88	0.84%
Regional Container Lines Pcl (Foreign)	RCL/F.TB	Y72509147	Industrials	1,891,400	$1,826,960.46	0.83%
Star Petroleum Refining Pcl (Foreign)	SPRC/F.TB	Y8162W117	Energy	5,172,300	$1,793,868.49	0.82%
Sappi Limited	SAP.SJ	S73544108	Materials	591,027	$1,746,013.82	0.79%
Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) (Peference A)	USIM5.BZ	P9632E117	Materials	1,041,181	$1,726,236.63	0.79%
Bangchak Corporation Pcl (Foreign)	BCP/F.TB	Y0559Y103	Energy	1,486,400	$1,684,472.82	0.77%
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Class D)	KRDMD.TI	M8765T100	Materials	1,796,551	$1,643,236.25	0.75%
Metalurgica Gerdau SA (Preference)	GOAU4.BZ	P4834C118	Materials	591,482	$1,653,333.31	0.75%
AG Andaolu Grubu Holding A.S. (Class A)	AGHOL.TI	M9879B100	Industrials	328,260	$1,619,936.29	0.74%
CAP S.A.	CAP.CI	P25625107	Materials	177,213	$1,616,217.99	0.74%
Coca-Cola Icecek A.S.	CCOLA.TI	M2R39A121	Consumer Staples	159,501	$1,597,998.27	0.73%
Enauta Participacoes S.A.	ENAT3.BZ	P3762E104	Energy	539,235	$1,591,732.57	0.72%
Kossan Rubber Industries Bhd	KRI.MK	Y4964F105	Health Care	6,215,200	$1,581,438.45	0.72%
PGE Polska Grupa Energetyczna S.A.	PGE.PW	X6447Z104	Utilities	911,361	$1,590,682.51	0.72%
PT Bukalapak.com Tbk	BUKA.IJ	Y1R0GP109	Consumer Discretionary	81,042,283	$1,574,651.57	0.72%
Fitipower Integrated Technology Inc.	4961.TT	Y2574L108	Information Technology	348,910	$1,556,747.12	0.71%
Precious Shipping Pcl (Foreign)	PSL/F.TB	Y7078V148	Industrials	3,134,300	$1,554,283.37	0.71%
Sri Trang Agro-Industry Pcl (Foreign)	STA/F.TB	Y81375217	Consumer Discretionary	2,251,900	$1,568,868.74	0.71%
TAV Havalimanlari Holding A.S.	TAVHL.TI	M8782T109	Industrials	341,030	$1,554,194.67	0.71%
Wisdom Marine Lines Co., Ltd.	2637.TT	G9721M103	Industrials	783,923	$1,543,618.37	0.70%
PT AKR Corporindo Tbk	AKRA.IJ	Y71161163	Energy	16,328,516	$1,520,674.68	0.69%
ChipMOS TECHNOLOGIES INC.	8150.TT	Y1566L100	Information Technology	1,350,932	$1,496,869.38	0.68%
E-Commodities Holdings Limited	1733.HK	G2921V106	Industrials	6,928,355	$1,495,580.38	0.68%
African Rainbow Minerals Ltd.	ARI.SJ	S01680107	Materials	85,128	$1,467,179.50	0.67%
Aksa Enerji Uretim A.S.	AKSEN.TI	M03829104	Utilities	727,659	$1,465,009.75	0.67%
Coca-Cola FEMSA, S.A.B. de C.V.	KOFUBL.MM	P2861Y177	Consumer Staples	197,892	$1,465,361.12	0.67%
Mitac Holdings Corp.	3706.TT	Y60778100	Information Technology	1,501,052	$1,482,799.22	0.67%
Alarko Holding A.S.	ALARK.TI	M04125106	Industrials	365,426	$1,459,390.04	0.66%
Powerlong Real Estate Holdings Limited	1238.HK	G72005104	Real Estate	5,706,795	$1,406,832.80	0.64%
Enel Chile SA	ENELCHIL.CI	P3762G109	Utilities	29,725,749	$1,393,305.31	0.63%
Banpu Public Company Limited (Foreign)	BANPU/F.TB	Y0697Z186	Energy	3,565,800	$1,334,332.71	0.61%
Megacable Holdings, S.A.B. de C.V. (Unit)	MEGACPO.MM	P652AE117	Communication Services	430,352	$1,339,870.04	0.61%
National Aluminium Co. Ltd.	NACL.IS	Y6211M130	Materials	1,321,328	$1,333,869.80	0.61%
PT Bumi Resources Tbk	BUMI.IJ	Y7122M110	Energy	128,721,155	$1,336,769.21	0.61%
Tupy S.A.	TUPY3.BZ	P9414P108	Consumer Discretionary	249,570	$1,337,569.92	0.61%
PT Indo Tambangraya Megah Tbk	ITMG.IJ	Y71244100	Energy	532,150	$1,287,111.18	0.59%
China Tian Lun Gas Holdings Limited	1600.HK	G84396103	Utilities	1,984,742	$1,277,695.90	0.58%
Supalai Pcl (Foreign)	SPALI/F.TB	Y8309K190	Real Estate	1,739,800	$1,270,318.42	0.58%
BAIC Motor Corporation Limited (Class H)	1958.HK	Y0506H104	Consumer Discretionary	3,980,927	$1,245,785.33	0.57%
Companhia de Saneamento do Parana (Unit)	SAPR11.BZ	P3R668101	Utilities	365,224	$1,247,513.92	0.57%
Esso (Thailand) Pcl (Foreign)	ESSO/F.TB	Y23188124	Energy	4,282,300	$1,224,635.88	0.56%
Gentera, S.A.B. de C.V.	GENTERA*.MM	P4831V101	Financials	1,005,426	$1,239,052.20	0.56%
Sri Trang Gloves (Thailand) Pcl (Foreign)	STGT/F.TB	Y813B5121	Health Care	3,849,100	$1,241,272.41	0.56%
Kingboard Laminates Holdings Limited	1888.HK	G5257K107	Information Technology	968,658	$1,216,233.35	0.55%
PT Indika Energy Tbk	INDY.IJ	Y71247103	Energy	7,347,813	$1,215,989.56	0.55%
Macronix International Co., Ltd.	2337.TT	Y5369A104	Information Technology	1,040,838	$1,185,835.91	0.54%
Xinte Energy Co., Ltd. (Class H)	1799.HK	Y972BC104	Industrials	545,238	$1,179,756.66	0.54%
BOE Varitronix Ltd.	710.HK	G1223L105	Information Technology	479,601	$1,162,704.12	0.53%
China Overseas Grand Oceans Group Limited	81.HK	Y1505S117	Real Estate	2,352,583	$1,159,912.36	0.53%
Mills Estruturas e Servicos de Engenharia S.A.	MILS3.BZ	P6799C108	Industrials	566,852	$1,168,392.41	0.53%
Banco ABC Brasil SA	ABCB4.BZ	P0763M135	Financials	299,724	$1,148,161.61	0.52%
Direcional Engenharia SA	DIRR3.BZ	P3561Q100	Consumer Discretionary	371,722	$1,146,740.50	0.52%
Winbond Electronics Corporation	2344.TT	Y95873108	Information Technology	1,641,640	$1,135,174.38	0.52%
PTG Energy Pcl (Foreign)	PTG/F.TB	Y708F6119	Consumer Discretionary	2,740,900	$1,117,377.77	0.51%
Semirara Mining and Power Corporation	SCC.PM	Y7628G112	Energy	1,748,600	$1,110,627.14	0.51%
Shimao Services Holdings Limited	873.HK	G8104A108	Real Estate	2,733,593	$1,127,792.69	0.51%
FocalTech Systems Co., Ltd.	3545.TT	Y2576H105	Information Technology	531,530	$1,095,638.96	0.50%
Tres Tentos Agroindustrial S.A.	TTEN3.BZ	P9368F106	Consumer Staples	569,453	$1,087,923.58	0.50%
Dongyue Group Limited	189.HK	G2816P107	Materials	870,130	$1,081,408.79	0.49%
West China Cement Ltd.	2233.HK	G9550B111	Materials	8,560,178	$1,071,523.72	0.49%
Bharat Heavy Electricals Limited (BHEL)	BHEL.IS	Y0882L133	Industrials	1,179,618	$1,059,868.50	0.48%
PT Mitra Adiperkasa Tbk	MAPI.IJ	Y71299104	Consumer Discretionary	12,477,437	$1,057,525.16	0.48%
Seazen Group Limited	1030.HK	G7956A109	Real Estate	2,480,917	$1,061,573.24	0.48%
Taiwan Glass Industry Corporation	1802.TT	Y8420M109	Industrials	1,398,238	$1,038,228.64	0.47%
Banco do Estado do Rio Grande do Sul SA (Banrisul)	BRSR6.BZ	P12553247	Financials	533,081	$1,016,348.94	0.46%
Companhia Brasileira de Aluminio	CBAV3.BZ	P3059U100	Materials	410,646	$1,007,185.25	0.46%
Continental Holdings Corporation	3703.TT	Y1753K105	Industrials	1,075,364	$1,014,484.62	0.46%
Ton Yi Industrial Corp.	9907.TT	Y8895R104	Materials	1,796,256	$1,014,373.05	0.46%
Cia. de Ferro Ligas da Bahia - Ferbasa (Preference)	FESA4.BZ	P3054X117	Materials	90,395	$998,493.26	0.45%
Marfrig Global Foods S.A.	MRFG3.BZ	P64386116	Consumer Staples	634,619	$997,514.64	0.45%
King Yuan Electronics Co., Ltd.	2449.TT	Y4801V107	Information Technology	792,495	$969,439.52	0.44%
Companhia Brasileira de Distribuicao	PCAR3.BZ	P30558103	Consumer Staples	242,302	$942,896.59	0.43%
Hartalega Holdings Bhd	HART.MK	Y31139101	Health Care	2,428,100	$955,336.73	0.43%
Sigurd Microelectronics Corp.	6257.TT	Y79355106	Information Technology	573,300	$934,442.31	0.43%
Tianneng Power International Limited	819.HK	G8655K109	Consumer Discretionary	665,192	$951,607.75	0.43%
CIFI Holdings (Group) Co. Ltd.	884.HK	G2140A107	Real Estate	5,705,233	$932,773.62	0.42%
Elite Semiconductor Microelectronics Technology Inc.	3006.TT	Y2287H105	Information Technology	382,163	$912,330.12	0.42%
Grand Pacific Petrochemical Corporation	1312.TT	Y2846G101	Materials	1,395,610	$912,199.70	0.42%
Sitronix Technology Corp.	8016.TT	Y8118H107	Information Technology	147,660	$906,790.66	0.41%
Suzlon Energy Ltd	SUEL.IS	Y8315Y119	Industrials	8,157,066	$910,496.61	0.41%
PT Surya Esa Perkasa Tbk	ESSA.IJ	Y83134109	Materials	13,350,568	$885,543.18	0.40%
PT Timah Tbk	TINS.IJ	Y7148A124	Materials	9,950,400	$873,346.63	0.40%
China Nonferrous Mining Corporation Limited	1258.HK	Y13982106	Materials	1,521,735	$861,064.46	0.39%
Topco Scientific Co., Ltd.	5434.TT	Y8896T109	Information Technology	157,520	$858,418.47	0.39%
Agile Group Holdings Ltd	3383.HK	G01198103	Real Estate	2,480,263	$845,866.68	0.38%
Dagang NeXchange Bhd	DNEX.MK	Y8839H105	Information Technology	5,289,000	$834,875.70	0.38%
Elitegroup Computer Systems Co., Ltd.	2331.TT	Y22877107	Information Technology	1,252,461	$845,441.24	0.38%
Powertech Technology Inc.	6239.TT	Y7083Y103	Information Technology	315,713	$836,861.69	0.38%
Thungela Resources Ltd.	TGA.SJ	S84485101	Energy	62,471	$840,861.96	0.38%
AP (Thailand) Pcl (Foreign)	AP/F.TB	Y0209X117	Real Estate	2,309,500	$815,038.27	0.37%
Embotelladora Andina S.A. (Class B)	ANDINAB.CI	P3697S103	Consumer Staples	332,396	$809,503.93	0.37%
Sercomm Corporation	5388.TT	Y7670W106	Information Technology	309,250	$804,455.76	0.37%
Unipar Carbocloro SA (Preference)	UNIP6.BZ	P9441U104	Materials	48,945	$804,398.86	0.37%
Wistron NeWeb Corporation	6285.TT	Y96739100	Information Technology	298,568	$802,229.76	0.37%
China Ruyi Holdings Ltd.	136.HK	G4404N114	Communication Services	2,718,788	$798,722.82	0.36%
Greatek Electronics Inc.	2441.TT	Y2858G106	Information Technology	495,120	$795,601.60	0.36%
PT Perusahaan Gas Negara (Persero) Tbk	PGAS.IJ	Y7136Y118	Utilities	7,569,111	$793,659.16	0.36%
Shenzhen International Holdings Limited	152.HK	G8086V146	Industrials	760,998	$785,394.39	0.36%
Arezzo Industria e Comercio SA	ARZZ3.BZ	P04508100	Consumer Discretionary	47,739	$774,112.53	0.35%
Astral Foods Limited	ARL.SJ	S0752H102	Consumer Staples	81,167	$768,477.35	0.35%
Sinon Corp.	1712.TT	Y8002P108	Materials	631,084	$779,262.55	0.35%
CTCI Corporation	9933.TT	Y18229107	Industrials	535,605	$748,665.23	0.34%
U-Ming Marine Transport Corporation	2606.TT	Y9046H102	Industrials	445,910	$731,209.62	0.33%
China Risun Group Limited	1907.HK	G2120H106	Materials	1,486,547	$706,341.15	0.32%
M Dias Branco S.A. Industria e Comercio de Aliementos	MDIA3.BZ	P64876108	Consumer Staples	107,697	$713,807.75	0.32%
Minerva S.A.	BEEF3.BZ	P6831V106	Consumer Staples	250,827	$711,431.89	0.32%
Porto Seguro S.A.	PSSA3.BZ	P7905C107	Financials	148,854	$708,039.44	0.32%
Brightcom Group Limited	BCG.IS	Y5S76N118	Communication Services	2,102,731	$673,173.76	0.31%
China Zhongwang Holdings Ltd.	1333.HK	G215AT102	Materials	3,171,951	$680,657.55	0.31%
China Everbright Environment Group Ltd.	257.HK	Y14226107	Industrials	1,399,960	$659,834.30	0.30%
IRPC Pcl (Foreign)	IRPC/F.TB	Y4177E119	Energy	7,030,200	$663,027.29	0.30%
Log-In Logistica Intermodal SA	LOGN3.BZ	P6401A102	Industrials	95,471	$655,387.12	0.30%
Motus Holdings Limited	MTH.SJ	S5252J102	Consumer Discretionary	91,074	$664,375.31	0.30%
Marcopolo SA (Preference)	POMO4.BZ	P64331112	Industrials	1,088,445	$628,520.13	0.29%
Kinsus Interconnect Technology Corp.	3189.TT	Y4804T109	Information Technology	175,072	$622,595.25	0.28%
Ta Chen Stainless Pipe Co., Ltd.	2027.TT	Y8358R104	Materials	429,990	$615,903.89	0.28%
Walsin Technology Corporation	2492.TT	Y9494B102	Information Technology	218,547	$604,490.52	0.28%
BrasilAgro - Cia. Brasileira de Propriedades Agricolas	AGRO3.BZ	P18023104	Consumer Staples	104,163	$602,506.39	0.27%
Cielo S.A.	CIEL3.BZ	P2859E100	Information Technology	582,534	$596,367.03	0.27%
Nantex Industry Co., Ltd.	2108.TT	Y58162101	Materials	453,593	$583,994.10	0.27%
PT Astra Agro Lestari Tbk	AALI.IJ	Y7116Q119	Consumer Staples	1,073,459	$587,960.33	0.27%
EDP - Energias do Brasil SA	ENBR3.BZ	P3769R108	Utilities	144,097	$568,920.39	0.26%
EFG-Hermes Holding Company	HRHO.EY	M3047P109	Financials	896,775	$576,648.12	0.26%
Omnia Holdings Limited	OMN.SJ	S58080102	Materials	154,634	$577,896.49	0.26%
Aerospace Industrial Development Corporation	2634.TT	Y0R18S102	Industrials	480,650	$540,486.71	0.25%
Asia Vital Components Co., Ltd.	3017.TT	Y0392D100	Information Technology	146,014	$521,662.47	0.24%
Huaku Development Co., Ltd.	2548.TT	Y3742X107	Real Estate	179,530	$524,946.86	0.24%
Dexco SA	DXCO3.BZ	P3593G146	Materials	366,061	$509,464.28	0.23%
CIFI Ever Sunshine Services Group Limited	1995.HK	G2139U106	Real Estate	781,472	$485,112.64	0.22%
Primax Electronics Ltd.	4915.TT	Y7080U112	Information Technology	255,205	$473,951.23	0.22%
Sanyang Motor Co., Ltd.	2206.TT	Y7525U107	Consumer Discretionary	424,190	$476,299.53	0.22%
Fulgent Sun International (Holding) Co., Ltd.	9802.TT	G36889106	Consumer Discretionary	102,411	$463,676.05	0.21%
Via Technologies Inc.	2388.TT	Y9363G109	Information Technology	205,570	$450,815.97	0.21%
China Medical System Holdings Limited	867.HK	G21108124	Health Care	242,987	$444,445.98	0.20%
Telkom SA SOC Limited	TKG.SJ	S84197102	Communication Services	225,269	$449,592.02	0.20%
Legend Holdings Corporation (Class H)	3396.HK	Y52237107	Information Technology	334,712	$412,991.70	0.19%
Bangkok Airways Public Company Limited (Foreign)	BA/F.TB	Y05966117	Industrials	904,700	$390,836.37	0.18%
Far East Horizon Limited	3360.HK	Y24286109	Financials	430,130	$399,966.89	0.18%
PT Berkah Beton Sadaya Tbk	BEBS.IJ	Y08076104	Materials	9,882,917	$393,982.48	0.18%
Growthpoint Properties Limited	GRT.SJ	S3373C239	Real Estate	443,278	$363,301.47	0.17%
OUTsurance Group Ltd.	OUT.SJ	S6815J118	Financials	178,504	$365,071.55	0.17%
TAURON Polska Energia S.A.	TPE.PW	X893AL104	Utilities	708,517	$377,371.52	0.17%
Central Plaza Hotel Pcl (Foreign)	CENTEL/F.TB	Y12431220	Consumer Discretionary	222,300	$351,677.70	0.16%
China Communications Services Corp. Ltd. (Class H)	552.HK	Y1436A102	Industrials	866,110	$346,266.40	0.16%
Genertec Universal Medical Group Company Limited	2666.HK	Y2774E102	Financials	567,507	$358,813.94	0.16%
Gigabyte Technology Co., Ltd.	2376.TT	Y2711J107	Information Technology	91,574	$343,749.75	0.16%
WHA Corp Pcl (Foreign)	WHA/F.TB	Y95310168	Real Estate	3,114,800	$354,408.22	0.16%
Global Unichip Corporation	3443.TT	Y2724H114	Information Technology	13,476	$320,378.64	0.15%
Grupo Televisa, S.A.B. (Unit)	TLEVICPO.MM	P4987V137	Communication Services	268,196	$320,508.51	0.15%
Thaifoods Group Pcl (Foreign)	TFG/F.TB	Y8636A113	Consumer Staples	1,905,800	$318,890.87	0.15%
Vamos Locacao de Caminhoes, Maquinas e Equipamentos S.A.	VAMO3.BZ	P9680U112	Industrials	115,057	$320,260.44	0.15%
ENNOSTAR Inc.	3714.TT	Y229G1108	Information Technology	196,159	$314,882.28	0.14%
Equites Property Fund Limited	EQU.SJ	S2755Y108	Real Estate	324,605	$298,469.61	0.14%
Kindom Development Co., Ltd.	2520.TT	Y4792R107	Real Estate	321,769	$304,082.50	0.14%
Tong Hsing Electronic Industries, Ltd.	6271.TT	Y8862W102	Information Technology	44,138	$304,482.31	0.14%
Chicony Electronics Co., Ltd.	2385.TT	Y1364B106	Information Technology	98,812	$279,816.59	0.13%
Forth Corp Pcl (Foreign)	FORTH/F.TB	Y26155146	Information Technology	217,600	$281,351.89	0.13%
General Interface Solution Holding Limited	6456.TT	G3808R101	Information Technology	104,842	$283,428.71	0.13%
Sao Martinho S.A.	SMTO3.BZ	P8493J108	Consumer Staples	61,618	$291,886.23	0.13%
Taiwan Hon Chuan Enterprise Co., Ltd.	9939.TT	Y8421M108	Materials	97,000	$277,879.38	0.13%
Charoen Pokphand Enterprise (Taiwan) Co., Ltd.	1215.TT	Y1294A103	Consumer Staples	102,411	$265,728.50	0.12%
Compeq Manufacturing Co., Ltd.	2313.TT	Y1690B101	Information Technology	179,530	$261,586.71	0.12%
International CSRC Investment Holdings Co.	2104.TT	Y15055109	Materials	418,390	$271,401.90	0.12%
Jentech Precision Industrial Comany Ltd.	3653.TT	Y4432G115	Information Technology	20,964	$266,801.93	0.12%
LOTES Co., Ltd.	3533.TT	Y53302116	Information Technology	10,120	$257,921.05	0.12%
Randon SA Implementos e Participacoes (Preference)	RAPT4.BZ	P7988W103	Industrials	165,555	$269,298.52	0.12%
TSEC Corporation	6443.TT	Y89777109	Information Technology	222,970	$258,436.85	0.12%
Cyrela Brazil Realty S.A. Empreendimentos e Participacoes	CYRE3.BZ	P34085103	Consumer Discretionary	85,703	$249,122.64	0.11%
Unitech Printed Circuit Board Corp.	2367.TT	Y9167M104	Information Technology	415,520	$241,491.58	0.11%
Cogna Educacao	COGN3.BZ	P6S43Y203	Consumer Discretionary	534,952	$226,182.61	0.10%
King Slide Works Co., Ltd.	2059.TT	Y4771C105	Information Technology	15,920	$209,947.58	0.10%
Log Commercial Properties e Participacoes S.A.	LOGG3.BZ	P64016101	Real Estate	63,560	$209,018.06	0.10%
Anima Holding SA	ANIM3.BZ	P4611H116	Consumer Discretionary	259,519	$207,770.17	0.09%
JHSF Participacoes SA	JHSF3.BZ	P6050T105	Real Estate	212,532	$208,426.42	0.09%
Kaisa Group Holdings Ltd.	1638.HK	G52132100	Real Estate	1,617,908	$86,795.26	0.04%
China Aoyuan Group Limited	3883.HK	G2119Z109	Real Estate	912,000	$68,728.96	0.03%
Federal Grid Co Unified Energy System PJSC	FEES.RM	X2393G109	Utilities	378,620,637	$12,375.62	0.01%
Mechel PJSC	MTLR.RM	X8487H101	Materials	580,351	$17,350.34	0.01%
China Metal Recycling (Holdings) Limited	773.HK	G21131100	Materials	11,550	$0.00	0.00%
Rosseti PJSC	RSTI.RM	X7S96R104	Utilities	41,053,967	$10,028.88	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.