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

	Printer Friendly Page
	Fact Sheet
	Summary Prospectus
	Monthly Performance Report

Holdings

Holdings of the Fund as of 7/2/2025
View Index Holdings

Export to Excel

Total Number of Holdings (excluding cash): 203

Security Name	Identifier	CUSIP	Classification	Shares / Quantity	Market Value	Weighting
Newborn Town Inc.	9911.HK	G6464H101	Communication Services	2,447,514	$3,198,953.17	1.28%
3SBio, Inc.	1530.HK	G8875G102	Health Care	963,787	$2,977,338.03	1.19%
Companhia de Saneamento de Minas Gerais (Copasa MG)	CSMG3.BZ	P28269101	Utilities	537,191	$2,796,223.55	1.12%
XD Inc.	2400.HK	G9830N109	Communication Services	446,202	$2,785,241.97	1.12%
Cogna Educacao	COGN3.BZ	P6S43Y203	Consumer Discretionary	5,076,327	$2,670,474.92	1.07%
Companhia de Saneamento do Parana (Unit)	SAPR11.BZ	P3R668101	Utilities	393,237	$2,674,766.78	1.07%
TAURON Polska Energia S.A.	TPE.PW	X893AL104	Utilities	1,161,650	$2,665,249.41	1.07%
Gentera, S.A.B. de C.V.	GENTERA*.MM	P4831V101	Financials	1,201,887	$2,631,065.40	1.05%
ENEA S.A.	ENA.PW	X2232G104	Utilities	468,887	$2,595,411.45	1.04%
MAS P.L.C.	MSP.SJ	G5884M104	Real Estate	1,887,421	$2,556,657.08	1.02%
La Comer, S.A.B. de C.V.	LACOMUBC.MM	P6125F114	Consumer Staples	1,135,078	$2,524,129.68	1.01%
Emlak Konut Gayrimenkul Yatirim Ortakligi A.S.	EKGYO.TI	M4030U105	Real Estate	5,438,133	$2,469,165.04	0.99%
JHSF Participacoes SA	JHSF3.BZ	P6050T105	Real Estate	2,538,164	$2,450,278.33	0.98%
Marfrig Global Foods S.A.	MRFG3.BZ	P64386116	Consumer Staples	587,460	$2,399,682.41	0.96%
Vibra Energia SA	VBBR3.BZ	P9785J111	Consumer Discretionary	596,711	$2,360,370.99	0.95%
DigiPlus Interactive Corp.	PLUS.PM	Y52573139	Consumer Discretionary	2,936,280	$2,343,371.66	0.94%
Meitu, Inc.	1357.HK	G5966D105	Communication Services	2,115,252	$2,282,342.74	0.91%
Regional Container Lines Pcl	RCL.TB	Y72509139	Industrials	2,674,100	$2,204,907.77	0.88%
C&A Modas Ltda.	CEAB3.BZ	P1S6UB100	Consumer Discretionary	599,408	$2,168,566.09	0.87%
Asseco Poland S.A.	ACP.PW	X02540130	Information Technology	36,371	$2,123,957.04	0.85%
PT Indah Kiat Pulp & Paper Tbk	INKP.IJ	Y71278116	Materials	6,234,323	$2,116,240.94	0.85%
PT Aneka Tambang Tbk	ANTM.IJ	Y7116R158	Materials	11,256,098	$2,086,655.45	0.84%
Embotelladora Andina S.A. (Preference Class B)	ANDINAB.CI	P3697S103	Consumer Staples	496,725	$2,060,254.36	0.83%
Macquarie Mexico Real Estate Management, S.A. de C.V.	FIBRAMQ.MM	P3515D155	Real Estate	1,251,503	$2,080,769.92	0.83%
Tigerair Taiwan Co., Ltd.	6757.TT	Y88370104	Industrials	679,582	$2,062,658.45	0.83%
Q Technology (Group) Company Limited	1478.HK	G7306T105	Information Technology	1,939,378	$2,048,105.55	0.82%
Engie Energia Chile S.A.	ECL.CI	P3762T101	Utilities	1,443,908	$1,994,210.22	0.80%
Legend Holdings Corporation (Class H)	3396.HK	Y52237107	Information Technology	1,740,550	$1,986,688.83	0.80%
Megacable Holdings, S.A.B. de C.V. (Unit)	MEGACPO.MM	P652AE117	Communication Services	705,854	$1,992,050.88	0.80%
Tres Tentos Agroindustrial S.A.	TTEN3.BZ	P9368F106	Consumer Staples	732,196	$2,001,596.18	0.80%
Grupo de Inversiones Suramericana (Preference)	PFGRUPSU.CB	P4950L116	Financials	202,766	$1,946,553.60	0.78%
Johnson Health Tech Co., Ltd.	1736.TT	Y4466K107	Consumer Discretionary	312,194	$1,956,580.68	0.78%
Ruentex Industries Limited	2915.TT	Y7367H107	Consumer Discretionary	1,040,646	$1,951,189.39	0.78%
Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S.	AHGAZ.TI	M1548W110	Utilities	2,704,426	$1,882,017.84	0.75%
DPC Dash Ltd	1405.HK	G2R04S104	Consumer Discretionary	146,240	$1,883,443.83	0.75%
JG Summit Holdings, Inc.	JGS.PM	Y44425117	Industrials	5,139,400	$1,873,076.18	0.75%
Energisa SA (Units)	ENGI11.BZ	P3769S114	Utilities	212,190	$1,838,884.96	0.74%
PT Indo Tambangraya Megah Tbk	ITMG.IJ	Y71244100	Energy	1,336,509	$1,845,785.74	0.74%
PT Medco Energi Internasional Tbk	MEDC.IJ	Y7129J136	Energy	23,939,799	$1,847,913.09	0.74%
Cury Construtora e Incorporadora S.A.	CURY3.BZ	P3R15G105	Consumer Discretionary	345,728	$1,828,962.46	0.73%
PT Alamtri Resources Indonesia Tbk	ADRO.IJ	Y7087B109	Energy	16,624,860	$1,829,565.83	0.73%
Supalai Pcl	SPALI.TB	Y8309K182	Real Estate	3,927,500	$1,828,025.04	0.73%
Bradespar SA (Preference)	BRAP4.BZ	P1808W104	Materials	592,380	$1,801,986.98	0.72%
China Lesso Group Holdings Limited	2128.HK	G2157Q102	Industrials	3,303,723	$1,805,494.90	0.72%
Dogan Sirketler Grubu Holding A.S.	DOHOL.TI	M2810S100	Consumer Discretionary	4,419,551	$1,764,457.47	0.71%
Dongyue Group Limited	189.HK	G2816P107	Materials	1,265,289	$1,750,470.90	0.70%
Everest Medicines Limited	1952.HK	G3224E106	Health Care	215,420	$1,749,450.06	0.70%
Pegasus Hava Tasimaciligi AS	PGSUS.TI	M7846J107	Industrials	272,803	$1,757,500.92	0.70%
Rechi Precision Co., Ltd.	4532.TT	Y7225T103	Industrials	2,029,773	$1,759,210.35	0.70%
Fufeng Group Limited	546.HK	G36844119	Materials	1,898,737	$1,712,511.13	0.69%
Thungela Resources Ltd.	TGA.SJ	S84485101	Energy	337,574	$1,719,757.81	0.69%
Beijing Jingneng Clean Energy Co. Ltd. (Class H)	579.HK	Y0R7A0107	Utilities	5,387,890	$1,681,590.10	0.67%
Kindom Development Co., Ltd.	2520.TT	Y4792R107	Real Estate	924,844	$1,673,386.84	0.67%
Momentum Group Limited	MTM.SJ	S5S757103	Financials	873,257	$1,666,985.70	0.67%
Net Holding A.S.	NTHOL.TI	M7341L102	Consumer Discretionary	1,478,761	$1,665,553.36	0.67%
China BlueChemical Ltd. (Class H)	3983.HK	Y14251105	Materials	6,035,495	$1,637,675.44	0.66%
Exxaro Resources Limited	EXX.SJ	S26949107	Energy	183,717	$1,616,954.98	0.65%
Flytech Technology Co., Ltd.	6206.TT	Y2572Z109	Information Technology	404,952	$1,615,035.64	0.65%
Telkom SA SOC Limited	TKG.SJ	S84197102	Communication Services	550,519	$1,624,918.43	0.65%
Greentown China Holdings Limited	3900.HK	G4100M105	Real Estate	1,309,994	$1,590,367.70	0.64%
Hyprop Investments Limited	HYP.SJ	S3723H102	Real Estate	653,738	$1,594,713.38	0.64%
Isa Energia Brasil SA (Preference)	ISAE4.BZ	P30576113	Utilities	379,929	$1,606,651.14	0.64%
Life Healthcare Group Holdings Limited	LHC.SJ	S4682C100	Health Care	1,970,670	$1,588,195.26	0.64%
Maanshan Iron and Steel Co., Ltd. (Class H)	323.HK	Y5361G109	Materials	6,198,895	$1,595,148.02	0.64%
Sappi Limited	SAP.SJ	S73544108	Materials	941,363	$1,610,544.92	0.64%
Bumi Armada Berhad	BAB.MK	Y10028119	Energy	14,945,000	$1,572,603.10	0.63%
Grupo SBF S.A.	SBFG3.BZ	P49796116	Consumer Discretionary	724,200	$1,572,026.61	0.63%
InnoCare Pharma Limited	9969.HK	G4783B103	Health Care	946,148	$1,562,066.13	0.63%
PT Perusahaan Gas Negara (Persero) Tbk	PGAS.IJ	Y7136Y118	Utilities	15,780,253	$1,545,833.61	0.62%
Grendene SA	GRND3.BZ	P49516100	Consumer Discretionary	1,543,203	$1,535,344.64	0.61%
Marcopolo SA (Preference)	POMO4.BZ	P64331112	Industrials	1,040,150	$1,532,120.48	0.61%
Dayang Enterprise Holdings Bhd	DEHB.MK	Y202BD104	Energy	3,355,000	$1,507,333.39	0.60%
Direcional Engenharia SA	DIRR3.BZ	P3561Q100	Consumer Discretionary	202,536	$1,490,910.01	0.60%
Guan Chong Berhad	GUAN.MK	Y23839106	Consumer Staples	5,183,633	$1,483,142.26	0.59%
PT Bukit Asam Tbk	PTBA.IJ	Y8520P101	Energy	9,737,418	$1,473,076.61	0.59%
PT Ciputra Development Tbk	CTRA.IJ	Y7121J134	Real Estate	24,538,294	$1,452,912.40	0.58%
Bank of Chongqing Co. Ltd. (Class H)	1963.HK	Y0R98B102	Financials	1,288,784	$1,433,275.63	0.57%
Cimsa Cimento Sanayi ve Ticaret A.S.	CIMSA.TI	M2422Q104	Materials	1,092,273	$1,411,486.95	0.57%
Country Garden Services Holding Co. Ltd.	6098.HK	G2453A108	Real Estate	1,718,637	$1,431,849.07	0.57%
Akdital Holding	AKT.MC		Health Care	8,427	$1,391,703.48	0.56%
Cyfrowy Polsat S.A.	CPS.PW	X1809Y100	Communication Services	285,337	$1,397,781.82	0.56%
Minerva S.A.	BEEF3.BZ	P6831V106	Consumer Staples	1,516,784	$1,397,070.55	0.56%
AP (Thailand) Pcl	AP.TB	Y0209X109	Real Estate	6,658,600	$1,385,401.63	0.55%
IRB Brasil Resseguros SA	IRBR3.BZ	P5876C106	Financials	165,580	$1,382,077.80	0.55%
PT Japfa Comfeed Indonesia Tbk	JPFA.IJ	Y71281144	Consumer Staples	15,260,133	$1,381,347.24	0.55%
China Conch Venture Holdings Limited	586.HK	G2116J108	Industrials	1,118,749	$1,346,789.76	0.54%
Is Yatirim Menkul Degerler A.S.	ISMEN.TI	M6025C107	Financials	1,397,219	$1,343,977.50	0.54%
Compania Cervecerias Unidas S.A.	CCU.CI	P24905104	Consumer Staples	198,280	$1,317,895.78	0.53%
Thai Oil Pcl	TOP.TB	Y8620B101	Energy	1,539,000	$1,316,408.27	0.53%
Manappuram Finance Ltd.	MGFL.IS	Y5759P141	Financials	408,135	$1,292,566.46	0.52%
Cyrela Brazil Realty S.A. Empreendimentos e Participacoes	CYRE3.BZ	P34085103	Consumer Discretionary	266,348	$1,267,928.72	0.51%
JF SmartInvest Holdings Ltd	9636.HK	G5139W105	Financials	226,224	$1,273,785.46	0.51%
Pou Chen Corporation	9904.TT	Y70786101	Consumer Discretionary	1,045,362	$1,265,177.05	0.51%
Turkiye Sinai Kalkinma Bankasi A.S.	TSKB.TI	M8973M103	Financials	3,835,367	$1,265,095.49	0.51%
Lonking Holdings Ltd.	3339.HK	G5636C107	Industrials	4,411,682	$1,258,889.34	0.50%
Tekfen Holding A.S.	TKFEN.TI	M8788F103	Industrials	468,767	$1,252,774.32	0.50%
China Resources Medical Holdings Company Limited	1515.HK	G2133W108	Health Care	2,324,451	$1,234,786.27	0.49%
JSE Limited	JSE.SJ	S4254A102	Financials	164,991	$1,227,709.10	0.49%
Metalurgica Gerdau SA (Preference)	GOAU4.BZ	P4834C118	Materials	711,253	$1,210,456.24	0.48%
Angang Steel Company Limited (Class H)	347.HK	Y0132D105	Materials	4,969,203	$1,177,429.80	0.47%
EEKA Fashion Holdings Limited	3709.HK	G53964105	Consumer Discretionary	1,145,097	$1,137,816.46	0.46%
Advancetek Enterprise Co., Ltd.	1442.TT	Y0018T125	Real Estate	452,222	$1,113,365.59	0.45%
China National Building Material Company Ltd. (Class H)	3323.HK	Y15045100	Materials	2,157,026	$1,115,621.18	0.45%
Cia Sud Americana de Vapores SA	VAPORES.CI	P3064M101	Industrials	22,225,491	$1,125,922.26	0.45%
Fusheng Precision Co., Ltd.	6670.TT	Y2676J100	Consumer Discretionary	105,886	$1,133,435.51	0.45%
YDUQS Participacoes SA	YDUQ3.BZ	P3784E132	Consumer Discretionary	374,107	$1,120,058.58	0.45%
Migros Ticaret A.S.	MGROS.TI	M7024Q105	Consumer Staples	85,187	$1,092,260.05	0.44%
Ruentex Development Co., Ltd.	9945.TT	Y73659123	Real Estate	1,051,319	$1,103,582.17	0.44%
Sansiri Pcl	SIRI.TB	Y7511B295	Real Estate	26,552,300	$1,096,720.44	0.44%
Oyak Cimento Fabrikalari AS	OYAKC.TI	M6802K108	Materials	1,847,965	$1,066,714.44	0.43%
Shanghai Microport Medbot (Group) Co., Ltd. (Class H)	2252.HK	Y768JD106	Health Care	510,649	$1,069,447.91	0.43%
Star Petroleum Refining Pcl	SPRC.TB	Y8162W109	Energy	6,982,300	$1,063,198.74	0.43%
Alliances Developpement Immobilier S.A.	ADI.MC	V0192B109	Real Estate	19,284	$1,052,976.59	0.42%
Anadolu Anonim Tuerk Sigorta Sirketi	ANSGR.TI	M10028104	Financials	453,646	$1,059,535.10	0.42%
Vivara Participacoes SA	VIVA3.BZ	P98017109	Consumer Discretionary	213,364	$1,047,209.41	0.42%
HannStar Board Corporation	5469.TT	Y3062R102	Information Technology	470,380	$1,002,145.06	0.40%
PT Elang Mahkota Teknologi Tbk	EMTK.IJ	Y71259108	Communication Services	33,768,294	$1,000,757.16	0.40%
Tianneng Power International Limited	819.HK	G8655K109	Consumer Discretionary	1,254,201	$1,008,165.52	0.40%
China Nonferrous Mining Corporation Limited	1258.HK	Y13982106	Materials	1,025,427	$979,718.59	0.39%
Sao Martinho S.A.	SMTO3.BZ	P8493J108	Consumer Staples	307,523	$983,149.46	0.39%
Shanghai Conant Optical Co., Ltd. (Class H)	2276.HK	Y7691N101	Health Care	208,380	$986,166.38	0.39%
Bangchak Corporation Pcl	BCP.TB	Y0559Y111	Energy	992,200	$948,090.78	0.38%
Dogus Otomotiv Servis ve Ticaret A.S.	DOAS.TI	M28191100	Consumer Discretionary	184,151	$865,761.43	0.35%
Huang Hsiang Construction Corporation	2545.TT	Y3744Z100	Real Estate	590,108	$870,073.53	0.35%
Motus Holdings Limited	MTH.SJ	S5252J102	Consumer Discretionary	156,383	$875,456.96	0.35%
US Dollar	$USD		Other	870,421	$870,420.75	0.35%
Orange Polska SA	OPL.PW	X5984X100	Communication Services	328,082	$840,272.07	0.34%
Weikeng Industrial Co., Ltd.	3033.TT	Y9533L103	Information Technology	732,168	$851,995.35	0.34%
361 Degrees International Limited	1361.HK	G88493104	Consumer Discretionary	1,301,108	$830,398.22	0.33%
Moneta Money Bank, a.s.	MONET.CP	X3R0GS100	Financials	117,082	$811,562.78	0.33%
Resilient REIT Ltd.	RES.SJ	S6990F105	Real Estate	239,662	$831,243.70	0.33%
Tatung Co., Ltd.	2371.TT	Y8548J103	Industrials	586,268	$829,997.19	0.33%
Genertec Universal Medical Group Company Limited	2666.HK	Y2774E102	Health Care	1,102,119	$803,081.93	0.32%
CanSino Biologics Inc. (Class H)	6185.HK	Y1099N102	Health Care	172,604	$765,183.23	0.31%
ChipMOS TECHNOLOGIES INC.	8150.TT	Y1566L100	Information Technology	848,305	$786,489.43	0.31%
Converge Information and Communication Technology Solutions, Inc.	CNVRG.PM	Y1757W105	Communication Services	2,284,500	$761,693.42	0.31%
Greentown Management Holdings Company Limited	9979.HK	G4102M103	Industrials	2,001,444	$762,342.22	0.31%
Amber Enterprises India Limited	AMBER.IS	Y0102T106	Consumer Discretionary	8,782	$740,219.34	0.30%
Banco Itau Chile SA	ITAUCL.CI	P5R3QP103	Financials	54,682	$753,571.99	0.30%
Genting Berhad	GENT.MK	Y26926116	Consumer Discretionary	1,011,600	$741,538.52	0.30%
Wanguo Gold Group Limited	3939.HK	G9430L107	Materials	183,968	$738,224.03	0.30%
BAIC Motor Corporation Limited (Class H)	1958.HK	Y0506H104	Consumer Discretionary	2,853,799	$723,455.46	0.29%
EZ Tec Empreendimentos e Participacoes SA	EZTC3.BZ	P3912H106	Consumer Discretionary	279,014	$712,781.04	0.29%
SMU S.A.	SMU.CI		Consumer Staples	4,007,664	$712,985.55	0.29%
PetroReconcavo SA	RECV3.BZ	P7S19P135	Energy	257,356	$695,455.63	0.28%
Orbia Advance Corporacion, S.A.B. de C.V.	ORBIA*.MM	P7S81Y105	Materials	971,680	$676,244.91	0.27%
Prima Marine Pcl	PRM.TB	Y707BT107	Energy	3,837,600	$680,168.55	0.27%
Vina Concha y Toro S.A.	CONCHA.CI	P9796J100	Consumer Staples	580,534	$685,277.43	0.27%
Wisdom Marine Lines Co., Ltd.	2637.TT	G9721M103	Industrials	349,941	$662,173.75	0.27%
AG Andaolu Grubu Holding A.S. (Class A)	AGHOL.TI	M9879B100	Industrials	95,262	$652,033.83	0.26%
Gubre Fabrikalari T.A.S.	GUBRF.TI	M5246E108	Materials	106,943	$642,588.30	0.26%
Innolux Corporation	3481.TT	Y4090E105	Information Technology	1,629,196	$658,196.81	0.26%
Sri Trang Agro-Industry Pcl	STA.TB	Y81375225	Consumer Discretionary	1,745,600	$645,676.50	0.26%
Ulker Biskuvi Sanayi A.S.	ULKER.TI	M90358108	Consumer Staples	233,218	$642,035.04	0.26%
Douja Promotion Groupe Addoha SA	ADH.MC	V3077W107	Real Estate	156,539	$628,161.32	0.25%
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Class D)	KRDMD.TI	M8765T100	Materials	959,278	$623,671.00	0.25%
PT Sawit Sumbermas Sarana Tbk	SSMS.IJ	Y71391109	Consumer Staples	7,644,328	$616,132.83	0.25%
Lojas Renner S.A.	LREN3.BZ	P6332C102	Consumer Discretionary	173,500	$608,481.16	0.24%
Aygaz A.S.	AYGAZ.TI	M1548S101	Utilities	166,623	$569,713.36	0.23%
China Yongda Automobiles Services Holdings Ltd.	3669.HK	G2162W102	Consumer Discretionary	2,142,948	$570,549.40	0.23%
PT Surya Citra Media Tbk	SCMA.IJ	Y7148M110	Communication Services	61,345,734	$570,515.32	0.23%
L&K Engineering Co., Ltd.	6139.TT	Y5341A107	Industrials	52,905	$561,743.97	0.22%
Ecorodovias Infrastructura e Logistica SA	ECOR3.BZ	P3661R107	Industrials	391,496	$527,526.45	0.21%
Vulcabras SA	VULC3.BZ	P98074118	Consumer Discretionary	134,298	$520,574.50	0.21%
KCE Electronics Public Company Limited	KCE.TB	Y45958157	Information Technology	800,500	$498,427.16	0.20%
TOTVS S.A.	TOTS3.BZ	P92184103	Information Technology	63,587	$490,612.57	0.20%
African Rainbow Minerals Ltd.	ARI.SJ	S01680107	Materials	46,700	$477,949.07	0.19%
PT Bank Tabungan Negara (Persero) Tbk	BBTN.IJ	Y71197100	Financials	6,931,721	$468,445.69	0.19%
Yangtze Optical Fibre and Cable Joint Stock Limited Company (Class H)	6869.HK	Y9737F100	Information Technology	182,572	$469,808.51	0.19%
Consun Pharmaceutical Group Limited	1681.HK	G2524A103	Health Care	312,073	$446,845.96	0.18%
Intelbras SA Industria de Telecomunicacao Electronica Brasileira	INTB3.BZ	P5R68S100	Information Technology	165,774	$450,726.63	0.18%
PT Bumi Resources Minerals Tbk	BRMS.IJ	Y711AT100	Materials	18,477,631	$449,080.34	0.18%
Anhui Expressway Co. Ltd. (Class H)	995.HK	Y01374100	Industrials	262,800	$427,180.45	0.17%
Banco ABC Brasil SA (Preference)	ABCB4.BZ	P0763M135	Financials	103,508	$416,318.01	0.17%
Electricity Generating Pcl	EGCO.TB	Y22834108	Utilities	137,000	$432,846.02	0.17%
Greatek Electronics Inc.	2441.TT	Y2858G106	Information Technology	213,549	$433,582.20	0.17%
PT Indofood Sukses Makmur Tbk	INDF.IJ	Y7128X128	Consumer Staples	864,024	$427,216.66	0.17%
Qualitas Controladora, S.A.B. de C.V.	Q*.MM	P7921H130	Financials	42,620	$426,072.84	0.17%
Redefine Properties Limited	RDF.SJ	S6815L196	Real Estate	1,630,046	$420,266.53	0.17%
Zhen Ding Technology Holding Limited	4958.TT	G98922100	Information Technology	118,845	$420,631.08	0.17%
Banpu Public Company Limited	BANPU.TB	Y069A8133	Energy	3,050,500	$389,278.44	0.16%
China Datang Corp Renewable Power Co., Ltd. (Class H)	1798.HK	Y1456S108	Utilities	1,293,001	$400,258.41	0.16%
COFCO Joycome Foods Ltd.	1610.HK	G22692100	Consumer Staples	1,947,741	$404,440.04	0.16%
Parque Arauco S.A.	PARAUCO.CI	P76328106	Real Estate	187,853	$391,218.51	0.16%
PT Petrosea Tbk	PTRO.IJ	Y6826Q104	Materials	2,514,169	$408,401.61	0.16%
Randon SA Implementos e Participacoes (Preference)	RAPT4.BZ	P7988W103	Industrials	252,007	$400,971.88	0.16%
AK Medical Holdings Limited	1789.HK	G02014101	Health Care	484,348	$373,291.60	0.15%
Arcadyan Technology Corporation	3596.TT	Y02020116	Information Technology	54,668	$382,256.42	0.15%
China Communications Services Corp. Ltd. (Class H)	552.HK	Y1436A102	Industrials	676,741	$367,254.78	0.15%
Morimatsu International Holdings Company Limited	2155.HK	Y613N6104	Industrials	464,616	$381,758.94	0.15%
Ratch Group Pcl	RATCH.TB	Y719E9111	Utilities	497,800	$383,604.68	0.15%
Baticim Bati Anadolu Cimento Sanayii A.S.	BTCIM.TI	M19176102	Materials	3,218,081	$361,648.81	0.14%
Nan Pao Resins Chemical Co., Ltd.	4766.TT	Y6204T100	Materials	34,073	$355,315.29	0.14%
Tanco Holdings Berhad	TANC.MK	Y44391103	Industrials	1,635,800	$344,257.50	0.14%
Vamos Locacao de Caminhoes, Maquinas e Equipamentos S.A.	VAMO3.BZ	P9680U112	Industrials	483,349	$352,413.04	0.14%
Arcelik A.S.	ARCLK.TI	M1490L104	Consumer Discretionary	102,575	$325,191.48	0.13%
Capital Securities Corporation	6005.TT	Y11003103	Financials	485,224	$335,095.69	0.13%
Genomma Lab Internacional, S.A.B. de C.V. (Class B)	LABB.MM	P48318102	Health Care	299,332	$329,868.81	0.13%
Rupiah	$IDR		Other	5,424,494,147	$333,876.66	0.13%
Yuan Renminbi	$CNY		Other	2,246,229	$313,583.39	0.13%
Astor Enerji A.S.	ASTOR.TI	M1505L115	Industrials	123,794	$289,755.59	0.12%
Ta Chen Stainless Pipe Co., Ltd.	2027.TT	Y8358R104	Materials	249,755	$299,685.40	0.12%
New Taiwan Dollar	$TWD		Other	6,105,192	$210,494.83	0.08%
Brazilian Real	$BRL		Other	989,585	$182,432.17	0.07%
Hong Kong Dollar	$HKD		Other	1,418,667	$180,724.21	0.07%
Zloty	$PLN		Other	143,194	$39,600.12	0.02%
Chilean Peso	$CLP		Other	2	$0.00	0.00%
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	$367.84	0.00%
Egyptian Pound	$EGP		Other	9,136	$185.10	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	$0.02	0.00%
Indian Rupee	$INR		Other	594,124	$6,931.90	0.00%
Malaysian Ringgit	$MYR		Other	3	$0.64	0.00%
Mechel PJSC	MTLR.RM	X8487H101	Materials	580,351	$0.00	0.00%
Mexican Peso	$MXN		Other	-101,112	($5,381.43)	0.00%
New Turkish Lira	$TRY		Other	0	$0.00	0.00%
Nuevo Sol	$PEN		Other	2	$0.49	0.00%
Russian Ruble	$RUB		Other	0	$0.00	0.00%
South African Rand	$ZAR		Other	-105	($6.00)	0.00%
Thai Baht	$THB		Other	1	$0.02	0.00%
Philippine Peso	$PHP		Other	-761,663	($13,509.69)	-0.01%

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.