|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK–97.76%
|
|||
|
Brazil–2.69%
|
|||
|
Banco do Brasil SA
|
|
561,900
|
$2,813,781
|
|
Caixa Seguridade
Participacoes SA
|
|
215,600
|
577,023
|
|
Engie Brasil Energia SA
|
|
70,700
|
551,952
|
|
JBS SA
|
|
120,300
|
698,035
|
|
Klabin SA
|
|
54,770
|
212,336
|
|
PRIO SA
|
|
106,800
|
851,036
|
|
TIM SA
|
|
304,700
|
1,050,400
|
|
Vale SA
|
|
357,700
|
4,180,619
|
|
Vibra Energia SA
|
|
306,300
|
1,311,742
|
|
WEG SA
|
|
221,900
|
2,224,825
|
|
|
|
|
14,471,749
|
|
Chile–0.46%
|
|||
|
Banco de Chile
|
|
7,126,525
|
908,943
|
|
Cencosud SA
|
|
425,860
|
859,486
|
|
Enel Americas SA
|
|
7,135,538
|
728,312
|
|
|
|
|
2,496,741
|
|
China–26.71%
|
|||
|
AAC Technologies
Holdings, Inc.
|
|
137,000
|
562,180
|
|
Agricultural Bank of China
Ltd. Class A
|
|
1,814,700
|
1,241,510
|
|
†Akeso, Inc.
|
|
14,000
|
123,542
|
|
Alibaba Group Holding
Ltd.
|
|
801,000
|
11,334,152
|
|
Aluminum Corp. of China
Ltd. Class H
|
|
1,298,000
|
1,031,875
|
|
ANTA Sports Products Ltd.
|
|
294,200
|
3,574,444
|
|
Avary Holding Shenzhen
Co. Ltd. Class A
|
|
40,300
|
205,460
|
|
†Baidu, Inc. Class A
|
|
175,050
|
2,377,880
|
|
Bank of Beijing Co. Ltd.
Class A
|
|
451,600
|
375,899
|
|
Bank of Chengdu Co. Ltd.
Class A
|
|
78,300
|
175,771
|
|
Bank of Communications
Co. Ltd. Class A
|
|
645,000
|
680,292
|
|
Bank of Nanjing Co. Ltd.
Class A
|
|
204,700
|
319,474
|
|
Bank of Shanghai Co. Ltd.
Class A
|
|
301,200
|
338,716
|
|
Beijing Kingsoft Office
Software, Inc. Class A
|
|
9,722
|
369,143
|
|
Beijing New Building
Materials PLC Class A
|
|
36,800
|
172,983
|
|
Beijing Roborock
Technology Co. Ltd.
Class A
|
|
4,064
|
160,982
|
|
BYD Co. Ltd. Class A
|
|
35,900
|
1,572,445
|
|
BYD Co. Ltd. Class H
|
|
178,000
|
6,498,247
|
|
CGN Power Co. Ltd.
Class A
|
|
329,900
|
211,592
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK (continued)
|
|||
|
China (continued)
|
|||
|
China CITIC Bank Corp.
Ltd. Class H
|
|
1,412,000
|
$900,908
|
|
China Construction Bank
Corp. Class A
|
|
205,300
|
232,042
|
|
China Feihe Ltd.
|
|
1,289,000
|
974,976
|
|
China Galaxy Securities Co.
Ltd. Class H
|
|
1,154,000
|
1,077,721
|
|
China Hongqiao Group
Ltd.
|
|
955,000
|
1,592,107
|
|
China Tower Corp. Ltd.
Class H
|
|
12,880,000
|
1,706,542
|
|
China Yangtze Power Co.
Ltd. Class A
|
|
483,200
|
2,069,549
|
|
Chongqing Rural
Commercial Bank Co.
Ltd. Class A
|
|
186,500
|
144,605
|
|
Chongqing Zhifei Biological
Products Co. Ltd. Class A
|
|
51,200
|
243,591
|
|
CITIC Securities Co. Ltd.
Class A
|
|
260,175
|
1,008,646
|
|
Contemporary Amperex
Technology Co. Ltd.
Class A
|
|
19,340
|
694,339
|
|
CSPC Pharmaceutical
Group Ltd.
|
|
400,000
|
311,300
|
|
Eastroc Beverage Group
Co. Ltd. Class A
|
|
5,700
|
220,149
|
|
ENN Natural Gas Co. Ltd.
Class A
|
|
53,100
|
155,756
|
|
Eoptolink Technology, Inc.
Ltd. Class A
|
|
14,600
|
270,458
|
|
Far East Horizon Ltd.
|
|
453,000
|
331,569
|
|
Focus Media Information
Technology Co. Ltd.
Class A
|
|
285,700
|
287,895
|
|
Foxconn Industrial
Internet Co. Ltd. Class A
|
|
270,700
|
971,898
|
|
Fuyao Glass Industry Group
Co. Ltd. Class A
|
|
40,300
|
334,297
|
|
Giant Biogene Holding Co.
Ltd.
|
|
86,600
|
567,578
|
|
Goneo Group Co. Ltd.
Class A
|
|
13,775
|
163,468
|
|
Great Wall Motor Co. Ltd.
Class H
|
|
765,500
|
1,427,832
|
|
Gree Electric Appliances,
Inc. of Zhuhai Class A
|
|
60,900
|
416,121
|
|
Guangdong Haid Group Co.
Ltd. Class A
|
|
35,200
|
240,918
|
|
=Guotai Junan Securities
Co. Ltd. Class A
|
|
159,800
|
334,810
|
|
Haidilao International
Holding Ltd.
|
|
462,000
|
1,132,736
|
|
Haier Smart Home Co. Ltd.
Class A
|
|
127,600
|
584,704
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK (continued)
|
|||
|
China (continued)
|
|||
|
Hansoh Pharmaceutical
Group Co. Ltd.
|
|
402,000
|
$1,083,363
|
|
Hithink RoyalFlush
Information Network Co.
Ltd. Class A
|
|
10,400
|
286,544
|
|
Huatai Securities Co. Ltd.
Class A
|
|
155,400
|
389,823
|
|
Huaxia Bank Co. Ltd.
Class A
|
|
279,000
|
295,459
|
|
Iflytek Co. Ltd. Class A
|
|
15,400
|
97,544
|
|
Imeik Technology
Development Co. Ltd.
Class A
|
|
4,200
|
141,036
|
|
Industrial & Commercial
Bank of China Ltd.
Class A
|
|
1,242,400
|
1,094,345
|
|
Industrial Bank Co. Ltd.
Class A
|
|
424,500
|
1,165,906
|
|
Inner Mongolia Yili
Industrial Group Co. Ltd.
Class A
|
|
137,500
|
569,708
|
|
†Innovent Biologics, Inc.
|
|
102,000
|
617,995
|
|
JCET Group Co. Ltd.
Class A
|
|
36,200
|
182,287
|
|
†JD Logistics, Inc.
|
|
684,800
|
1,233,263
|
|
JD.com, Inc. Class A
|
|
124,950
|
2,685,818
|
|
Jiangsu King's Luck
Brewery JSC Ltd. Class A
|
|
26,400
|
193,933
|
|
†Kuaishou Technology
|
|
679,700
|
4,795,763
|
|
Kunlun Energy Co. Ltd.
|
|
1,306,000
|
1,347,353
|
|
Lenovo Group Ltd.
|
|
990,000
|
1,349,910
|
|
Lens Technology Co. Ltd.
Class A
|
|
105,500
|
307,503
|
|
†Meituan Class B
|
|
316,800
|
7,009,345
|
|
Midea Group Co. Ltd.
Class A
|
|
63,900
|
692,726
|
|
NARI Technology Co. Ltd.
Class A
|
|
161,200
|
635,738
|
|
NAURA Technology Group
Co. Ltd. Class A
|
|
9,600
|
500,764
|
|
NetEase, Inc.
|
|
305,100
|
5,906,668
|
|
Ningbo Sanxing Medical
Electric Co. Ltd. Class A
|
|
28,100
|
139,737
|
|
Ningxia Baofeng Energy
Group Co. Ltd. Class A
|
|
150,500
|
372,169
|
|
Nongfu Spring Co. Ltd.
Class H
|
|
630,000
|
2,771,600
|
|
†PDD Holdings, Inc. ADR
|
|
52,300
|
7,050,563
|
|
PetroChina Co. Ltd.
Class A
|
|
457,000
|
587,526
|
|
Ping An Insurance Group
Co. of China Ltd. Class H
|
|
612,500
|
3,951,308
|
|
Pop Mart International
Group Ltd.
|
|
157,400
|
1,078,172
|
|
Qifu Technology, Inc. ADR
|
|
12,400
|
369,644
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK (continued)
|
|||
|
China (continued)
|
|||
|
Satellite Chemical Co. Ltd.
Class A
|
|
67,500
|
$179,619
|
|
SDIC Power Holdings Co.
Ltd. Class A
|
|
152,700
|
368,904
|
|
SF Holding Co. Ltd.
Class A
|
|
32,639
|
209,248
|
|
Shandong Nanshan
Aluminum Co. Ltd.
Class A
|
|
246,500
|
153,885
|
|
Shandong Weigao Group
Medical Polymer Co. Ltd.
Class H
|
|
454,400
|
328,502
|
|
Shanghai Pudong
Development Bank Co.
Ltd. Class A
|
|
579,700
|
836,984
|
|
Shanghai RAAS Blood
Products Co. Ltd. Class A
|
|
137,300
|
154,597
|
|
Shanghai Rural
Commercial Bank Co.
Ltd. Class A
|
|
207,500
|
219,741
|
|
Shenzhen Mindray
Bio-Medical Electronics
Co. Ltd. Class A
|
|
10,400
|
434,315
|
|
Shenzhen New Industries
Biomedical Engineering
Co. Ltd. Class A
|
|
15,600
|
182,235
|
|
Shenzhen Transsion
Holdings Co. Ltd. Class A
|
|
24,026
|
369,597
|
|
Sieyuan Electric Co. Ltd.
Class A
|
|
16,400
|
172,740
|
|
Sinotruk Hong Kong Ltd.
|
|
245,000
|
735,897
|
|
Suzhou TFC Optical
Communication Co. Ltd.
Class A
|
|
11,200
|
160,431
|
|
Tencent Holdings Ltd.
|
|
391,700
|
22,402,004
|
|
Tencent Music
Entertainment Group
ADR
|
|
250,300
|
3,016,115
|
|
Tongcheng Travel Holdings
Ltd.
|
|
288,800
|
741,518
|
|
Topsports International
Holdings Ltd.
|
|
684,000
|
303,556
|
|
Tsingtao Brewery Co. Ltd.
Class H
|
|
204,000
|
1,595,503
|
|
Vipshop Holdings Ltd. ADR
|
|
123,887
|
1,948,742
|
|
Want Want China Holdings
Ltd.
|
|
1,601,000
|
1,099,756
|
|
WuXi AppTec Co. Ltd.
Class H
|
|
130,100
|
913,763
|
|
†Wuxi Biologics Cayman,
Inc.
|
|
186,500
|
419,837
|
|
†Xiaomi Corp. Class B
|
|
282,600
|
817,934
|
|
Xinyi Solar Holdings Ltd.
|
|
1,106,000
|
600,387
|
|
Yadea Group Holdings Ltd.
|
|
72,000
|
127,998
|
|
Yum China Holdings, Inc.
|
|
54,533
|
2,455,076
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK (continued)
|
|||
|
China (continued)
|
|||
|
Yutong Bus Co. Ltd.
Class A
|
|
42,700
|
$160,366
|
|
Zangge Mining Co. Ltd.
Class A
|
|
33,800
|
138,503
|
|
Zhejiang NHU Co. Ltd.
Class A
|
|
60,100
|
193,335
|
|
Zheshang Securities Co.
Ltd. Class A
|
|
77,800
|
159,789
|
|
Zhongji Innolight Co. Ltd.
Class A
|
|
23,380
|
516,045
|
|
Zijin Mining Group Co. Ltd.
Class A
|
|
346,700
|
896,387
|
|
Zijin Mining Group Co. Ltd.
Class H
|
|
962,000
|
2,185,393
|
|
ZTE Corp. Class A
|
|
26,700
|
118,542
|
|
|
|
|
143,943,859
|
|
Colombia–0.10%
|
|||
|
Bancolombia SA
|
|
60,294
|
519,503
|
|
|
|
|
519,503
|
|
Czech Republic–0.08%
|
|||
|
Moneta Money Bank AS
|
|
84,232
|
413,542
|
|
|
|
|
413,542
|
|
Egypt–0.29%
|
|||
|
Commercial International
Bank - Egypt (CIB)
|
|
754,686
|
1,320,857
|
|
Eastern Co. SAE
|
|
460,282
|
247,873
|
|
|
|
|
1,568,730
|
|
Greece–0.54%
|
|||
|
Hellenic
Telecommunications
Organization SA
|
|
23,832
|
410,928
|
|
National Bank of Greece
SA
|
|
176,498
|
1,508,093
|
|
Public Power Corp. SA
|
|
73,692
|
987,644
|
|
|
|
|
2,906,665
|
|
Hong Kong–1.02%
|
|||
|
Bosideng International
Holdings Ltd.
|
|
1,130,000
|
648,301
|
|
C&D International
Investment Group Ltd.
|
|
219,000
|
474,406
|
|
Geely Automobile Holdings
Ltd.
|
|
1,993,000
|
3,122,615
|
|
Sinopharm Group Co. Ltd.
Class H
|
|
459,600
|
1,229,723
|
|
|
|
|
5,475,045
|
|
Hungary–0.69%
|
|||
|
OTP Bank Nyrt
|
|
71,105
|
3,717,465
|
|
|
|
|
3,717,465
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK (continued)
|
|||
|
India–19.73%
|
|||
|
ABB India Ltd.
|
|
17,823
|
$1,713,152
|
|
Ambuja Cements Ltd.
|
|
51,813
|
391,096
|
|
Asian Paints Ltd.
|
|
114,349
|
4,542,644
|
|
Aurobindo Pharma Ltd.
|
|
77,635
|
1,353,219
|
|
Axis Bank Ltd.
|
|
23,035
|
338,703
|
|
Bajaj Holdings &
Investment Ltd.
|
|
6,400
|
801,493
|
|
Bharat Electronics Ltd.
|
|
794,098
|
2,701,599
|
|
Bharat Petroleum Corp.
Ltd.
|
|
517,850
|
2,286,107
|
|
Bharti Airtel Ltd.
|
|
65,065
|
1,327,329
|
|
Britannia Industries Ltd.
|
|
27,782
|
2,101,239
|
|
CG Power & Industrial
Solutions Ltd.
|
|
200,172
|
1,813,106
|
|
Coal India Ltd.
|
|
306,591
|
1,866,409
|
|
Colgate-Palmolive India
Ltd.
|
|
45,290
|
2,056,124
|
|
Cummins India Ltd.
|
|
46,409
|
2,107,784
|
|
Divi's Laboratories Ltd.
|
|
14,600
|
948,350
|
|
Dr. Reddy's Laboratories
Ltd.
|
|
22,602
|
1,820,971
|
|
Havells India Ltd.
|
|
9,745
|
234,074
|
|
HCL Technologies Ltd.
|
|
183,710
|
3,937,430
|
|
HDFC Asset Management
Co. Ltd.
|
|
31,994
|
1,641,405
|
|
HDFC Bank Ltd.
|
|
153,752
|
3,177,830
|
|
Hero MotoCorp Ltd.
|
|
14,739
|
1,004,699
|
|
Hindalco Industries Ltd.
|
|
351,343
|
3,170,425
|
|
Hindustan Aeronautics
Ltd.
|
|
4,080
|
215,227
|
|
ICICI Bank Ltd.
|
|
402,983
|
6,121,596
|
|
Indian Hotels Co. Ltd.
|
|
286,511
|
2,340,945
|
|
†Indus Towers Ltd.
|
|
269,253
|
1,261,261
|
|
Infosys Ltd.
|
|
110,062
|
2,463,356
|
|
†InterGlobe Aviation Ltd.
|
|
33,111
|
1,891,586
|
|
Larsen & Toubro Ltd.
|
|
50,454
|
2,212,929
|
|
Lupin Ltd.
|
|
75,880
|
1,983,988
|
|
Muthoot Finance Ltd.
|
|
40,110
|
972,509
|
|
Nestle India Ltd.
|
|
21,926
|
703,806
|
|
NHPC Ltd.
|
|
442,974
|
501,906
|
|
NMDC Ltd.
|
|
356,330
|
1,041,378
|
|
NTPC Ltd.
|
|
749,701
|
3,964,947
|
|
Oil & Natural Gas Corp.
Ltd.
|
|
785,391
|
2,789,127
|
|
PI Industries Ltd.
|
|
23,561
|
1,308,980
|
|
Pidilite Industries Ltd.
|
|
45,096
|
1,807,795
|
|
Polycab India Ltd.
|
|
15,827
|
1,313,584
|
|
Power Finance Corp. Ltd.
|
|
494,573
|
2,880,343
|
|
Reliance Industries Ltd.
|
|
139,341
|
4,910,367
|
|
Shriram Finance Ltd.
|
|
87,104
|
3,717,924
|
|
Solar Industries India Ltd.
|
|
9,041
|
1,243,912
|
|
Supreme Industries Ltd.
|
|
21,152
|
1,343,220
|
|
†Suzlon Energy Ltd.
|
|
1,840,733
|
1,758,335
|
|
Tata Consultancy Services
Ltd.
|
|
142,740
|
7,270,604
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK (continued)
|
|||
|
India (continued)
|
|||
|
Tata Elxsi Ltd.
|
|
7,387
|
$680,903
|
|
Tata Motors Ltd.
|
|
88,406
|
1,028,206
|
|
Tata Power Co. Ltd.
|
|
101,478
|
584,398
|
|
Trent Ltd.
|
|
44,733
|
4,043,338
|
|
United Spirits Ltd.
|
|
7,205
|
136,695
|
|
Vedanta Ltd.
|
|
347,732
|
2,127,233
|
|
Wipro Ltd.
|
|
61,843
|
399,575
|
|
|
|
|
106,355,161
|
|
Indonesia–1.68%
|
|||
|
Adaro Energy Indonesia
Tbk. PT
|
|
4,202,800
|
1,057,640
|
|
Bank Central Asia Tbk. PT
|
|
8,440,600
|
5,756,221
|
|
Sumber Alfaria Trijaya Tbk.
PT
|
|
5,759,500
|
1,202,115
|
|
Unilever Indonesia Tbk. PT
|
|
873,700
|
127,535
|
|
United Tractors Tbk. PT
|
|
515,800
|
924,965
|
|
|
|
|
9,068,476
|
|
Malaysia–1.73%
|
|||
|
CIMB Group Holdings Bhd.
|
|
2,290,400
|
4,471,376
|
|
Malaysia Airports Holdings
Bhd.
|
|
296,800
|
752,887
|
|
Mr. DIY Group M Bhd.
|
|
842,300
|
433,049
|
|
Telekom Malaysia Bhd.
|
|
407,900
|
664,748
|
|
Tenaga Nasional Bhd.
|
|
862,800
|
3,021,421
|
|
|
|
|
9,343,481
|
|
Mexico–2.04%
|
|||
|
Banco del Bajio SA
|
|
267,408
|
626,080
|
|
Cemex SAB de CV
|
|
4,740,500
|
2,901,119
|
|
Fibra Uno Administracion
SA de CV
|
|
157,000
|
182,834
|
|
Gruma SAB de CV Class B
|
|
50,370
|
933,367
|
|
Grupo Aeroportuario del
Centro Norte SAB de CV
|
|
94,100
|
793,709
|
|
Grupo Aeroportuario del
Sureste SAB de CV
Class B
|
|
55,560
|
1,570,043
|
|
Grupo Financiero Banorte
SAB de CV Class O
|
|
70,700
|
503,194
|
|
Kimberly-Clark de Mexico
SAB de CV Class A
|
|
318,000
|
515,195
|
|
Prologis Property Mexico
SA de CV
|
|
63,400
|
207,298
|
|
Promotora y Operadora de
Infraestructura SAB de
CV
|
|
60,515
|
573,678
|
|
Southern Copper Corp.
|
|
16,562
|
1,915,727
|
|
Wal-Mart de Mexico SAB de
CV
|
|
83,100
|
250,735
|
|
|
|
|
10,972,979
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK (continued)
|
|||
|
Philippines–0.59%
|
|||
|
International Container
Terminal Services, Inc.
|
|
258,370
|
$1,862,708
|
|
Metropolitan Bank & Trust
Co.
|
|
579,160
|
812,348
|
|
PLDT, Inc.
|
|
19,550
|
519,822
|
|
|
|
|
3,194,878
|
|
Poland–1.23%
|
|||
|
Bank Polska Kasa Opieki
SA
|
|
54,787
|
2,090,987
|
|
KGHM Polska Miedz SA
|
|
38,704
|
1,602,360
|
|
ORLEN SA
|
|
138,282
|
2,007,227
|
|
Powszechny Zaklad
Ubezpieczen SA
|
|
84,425
|
922,994
|
|
|
|
|
6,623,568
|
|
Qatar–0.36%
|
|||
|
Barwa Real Estate Co.
|
|
749,936
|
587,632
|
|
Ooredoo QPSC
|
|
267,239
|
860,214
|
|
Qatar International Islamic
Bank QSC
|
|
165,946
|
500,892
|
|
|
|
|
1,948,738
|
|
Republic of Korea–10.63%
|
|||
|
†Alteogen, Inc.
|
|
5,544
|
1,386,318
|
|
CJ CheilJedang Corp.
|
|
2,125
|
493,997
|
|
DB Insurance Co. Ltd.
|
|
16,096
|
1,382,260
|
|
GS Holdings Corp.
|
|
15,548
|
505,902
|
|
Hana Financial Group, Inc.
|
|
88,676
|
3,987,267
|
|
Hankook Tire & Technology
Co. Ltd.
|
|
25,145
|
797,018
|
|
Hanwha Aerospace Co.
Ltd.
|
|
4,787
|
1,087,157
|
|
†Hanwha Industrial
Solutions Co. Ltd.
|
|
5,302
|
135,013
|
|
HD Hyundai Electric Co.
Ltd.
|
|
3,936
|
991,750
|
|
Hyundai Mobis Co. Ltd.
|
|
17,455
|
2,903,160
|
|
KB Financial Group, Inc.
|
|
84,240
|
5,211,452
|
|
†Krafton, Inc.
|
|
8,698
|
2,278,095
|
|
KT Corp.
|
|
10,346
|
318,046
|
|
Kumho Petrochemical Co.
Ltd.
|
|
4,216
|
509,067
|
|
LG Innotek Co. Ltd.
|
|
4,227
|
704,662
|
|
LG Uplus Corp.
|
|
33,662
|
252,523
|
|
Meritz Financial Group,
Inc.
|
|
9,474
|
703,468
|
|
NAVER Corp.
|
|
10,959
|
1,419,633
|
|
Orion Corp.
|
|
5,381
|
401,199
|
|
Posco International Corp.
|
|
13,637
|
595,452
|
|
Samsung Electronics Co.
Ltd.
|
|
302,633
|
14,232,568
|
|
Samsung Life Insurance
Co. Ltd.
|
|
23,605
|
1,682,332
|
|
Samsung SDS Co. Ltd.
|
|
7,797
|
922,380
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK (continued)
|
|||
|
Republic of Korea (continued)
|
|||
|
Shinhan Financial Group
Co. Ltd.
|
|
124,738
|
$5,293,996
|
|
SK Hynix, Inc.
|
|
34,643
|
4,625,425
|
|
†SK Square Co. Ltd.
|
|
25,060
|
1,548,404
|
|
SK Telecom Co. Ltd.
|
|
19,099
|
816,421
|
|
Woori Financial Group,
Inc.
|
|
178,560
|
2,116,449
|
|
|
|
|
57,301,414
|
|
Russia–0.00%
|
|||
|
=πSeverstal PAO
|
|
283,840
|
0
|
|
=πSurgutneftegas PJSC
|
|
11,590,970
|
0
|
|
|
|
|
0
|
|
Saudi Arabia–1.72%
|
|||
|
Ades Holding Co.
|
|
42,042
|
225,485
|
|
Alinma Bank
|
|
206,023
|
1,565,191
|
|
Arab National Bank
|
|
258,806
|
1,317,693
|
|
Bupa Arabia for
Cooperative Insurance
Co.
|
|
20,546
|
1,134,811
|
|
Etihad Etisalat Co.
|
|
108,069
|
1,480,713
|
|
Mouwasat Medical Services
Co.
|
|
24,482
|
651,957
|
|
Nahdi Medical Co.
|
|
14,034
|
492,316
|
|
SABIC Agri-Nutrients Co.
|
|
39,092
|
1,237,972
|
|
Saudi Aramco Base Oil Co.
|
|
18,396
|
650,240
|
|
Saudi National Bank
|
|
57,562
|
526,304
|
|
|
|
|
9,282,682
|
|
South Africa–2.81%
|
|||
|
Bid Corp. Ltd.
|
|
24,097
|
617,505
|
|
Capitec Bank Holdings
Ltd.
|
|
12,748
|
2,246,356
|
|
Clicks Group Ltd.
|
|
62,376
|
1,433,159
|
|
Exxaro Resources Ltd.
|
|
80,895
|
805,602
|
|
FirstRand Ltd.
|
|
396,486
|
1,906,070
|
|
Gold Fields Ltd.
|
|
9,354
|
145,544
|
|
Harmony Gold Mining Co.
Ltd.
|
|
166,126
|
1,712,846
|
|
Kumba Iron Ore Ltd.
|
|
20,436
|
474,307
|
|
OUTsurance Group Ltd.
|
|
282,553
|
949,175
|
|
Sasol Ltd.
|
|
192,777
|
1,294,850
|
|
Shoprite Holdings Ltd.
|
|
78,778
|
1,348,630
|
|
Standard Bank Group Ltd.
|
|
84,231
|
1,181,501
|
|
Woolworths Holdings Ltd.
|
|
267,524
|
1,054,612
|
|
|
|
|
15,170,157
|
|
Taiwan–17.84%
|
|||
|
Accton Technology Corp.
|
|
49,000
|
823,725
|
|
ASE Technology Holding
Co. Ltd.
|
|
705,000
|
3,363,879
|
|
Cathay Financial Holding
Co. Ltd.
|
|
2,536,000
|
5,328,994
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK (continued)
|
|||
|
Taiwan (continued)
|
|||
|
CTBC Financial Holding
Co. Ltd.
|
|
946,000
|
$1,028,310
|
|
Eclat Textile Co. Ltd.
|
|
16,000
|
275,544
|
|
Fortune Electric Co. Ltd.
|
|
14,300
|
284,224
|
|
Fubon Financial Holding
Co. Ltd.
|
|
1,079,000
|
3,082,224
|
|
Hon Hai Precision Industry
Co. Ltd.
|
|
1,158,000
|
6,860,948
|
|
Largan Precision Co. Ltd.
|
|
30,000
|
2,407,849
|
|
MediaTek, Inc.
|
|
135,000
|
5,012,403
|
|
Novatek Microelectronics
Corp.
|
|
185,000
|
3,028,139
|
|
Pegatron Corp.
|
|
661,000
|
2,151,360
|
|
Pou Chen Corp.
|
|
778,000
|
888,714
|
|
President Chain Store
Corp.
|
|
39,000
|
363,547
|
|
SinoPac Financial Holdings
Co. Ltd.
|
|
3,602,875
|
2,760,802
|
|
Taiwan Semiconductor
Manufacturing Co. Ltd.
|
|
1,549,000
|
46,842,242
|
|
Uni-President Enterprises
Corp.
|
|
573,000
|
1,578,866
|
|
United Microelectronics
Corp.
|
|
2,683,000
|
4,561,180
|
|
Voltronic Power Technology
Corp.
|
|
22,000
|
1,407,739
|
|
Yageo Corp.
|
|
31,065
|
611,552
|
|
Yang Ming Marine
Transport Corp.
|
|
154,000
|
335,772
|
|
Yuanta Financial Holding
Co. Ltd.
|
|
2,338,860
|
2,342,814
|
|
Zhen Ding Technology
Holding Ltd.
|
|
231,000
|
828,480
|
|
|
|
|
96,169,307
|
|
Thailand–1.50%
|
|||
|
Advanced Info Service PCL
|
|
362,400
|
3,440,702
|
|
Bangkok Dusit Medical
Services PCL Class F
|
|
1,918,200
|
1,818,199
|
|
Bumrungrad Hospital PCL
|
|
165,800
|
1,386,068
|
|
Kasikornbank PCL
|
|
87,300
|
406,961
|
|
Krungthai Card PCL
|
|
293,700
|
444,966
|
|
TMBThanachart Bank PCL
NVDR
|
|
9,148,800
|
560,116
|
|
|
|
|
8,057,012
|
|
Turkey–0.88%
|
|||
|
Akbank TAS
|
|
790,662
|
1,424,221
|
|
BIM Birlesik Magazalar AS
|
|
55,453
|
804,695
|
|
Coca-Cola Icecek AS
|
|
191,719
|
319,555
|
|
Turkiye Is Bankasi AS
Class C
|
|
2,885,628
|
1,186,400
|
|
Yapi ve Kredi Bankasi AS
|
|
1,108,726
|
1,002,465
|
|
|
|
|
4,737,336
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔCOMMON STOCK (continued)
|
|||
|
United Arab Emirates–2.18%
|
|||
|
Abu Dhabi Islamic Bank
PJSC
|
|
501,647
|
$1,737,235
|
|
Aldar Properties PJSC
|
|
761,090
|
1,558,214
|
|
Emaar Properties PJSC
|
|
2,098,594
|
4,982,164
|
|
Emirates NBD Bank PJSC
|
|
624,138
|
3,449,450
|
|
|
|
|
11,727,063
|
|
United States–0.26%
|
|||
|
†BeiGene Ltd.
|
|
74,200
|
1,381,135
|
|
|
|
|
1,381,135
|
|
Total Common Stock
(Cost $430,197,949)
|
526,846,686
|
||
|
ΔPREFERRED STOCKS–1.94%
|
|||
|
Brazil–1.94%
|
|||
|
Cia Energetica de Minas
Gerais 14.00%
|
|
481,740
|
1,012,523
|
|
Gerdau SA 4.58%
|
|
282,362
|
992,054
|
|
|
|
Number of
Shares
|
Value
(U.S. $)
|
|
ΔPREFERRED STOCKS (continued)
|
|||
|
Brazil (continued)
|
|||
|
Itau Unibanco Holding SA
6.51%
|
|
452,300
|
$3,013,009
|
|
Itausa SA 6.65%
|
|
1,494,670
|
3,048,219
|
|
Petroleo Brasileiro SA
13.57%
|
|
361,600
|
2,394,869
|
|
Total Preferred Stocks
(Cost $9,993,495)
|
10,460,674
|
||
|
|
|
|
|
|
MONEY MARKET FUND–1.12%
|
|||
|
State Street Institutional
U.S. Government Money
Market Fund Premier Class
(seven-day effective yield
4.94%)
|
|
6,055,901
|
6,055,901
|
|
Total Money Market Fund
(Cost $6,055,901)
|
6,055,901
|
||
|
TOTAL INVESTMENTS–100.82% (Cost $446,247,345)
|
543,363,261
|
||
|
LIABILITIES NET OF RECEIVABLES AND OTHER ASSETS–(0.82%)
|
(4,433,301
)
|
||
|
NET ASSETS APPLICABLE TO 62,581,876 SHARES OUTSTANDING–100.00%
|
$538,929,960
|
||
|
ΔSecurities have been classified by country of origin.
|
|
|
†Non-income producing.
|
|
|
=The value of this security was determined using significant unobservable inputs.
|
|
|
πRestricted Security. These investments are in securities not registered under the
Securities Act of 1933, as amended, or have certain
restrictions on resale which may limit their liquidity. At September 30, 2024, the
aggregate value of restricted securities was $0, which
represented 0.00% of the Fund’s net assets. The Fund has various registration rights (exercisable under a variety of circumstances) with
respect to these securities.
|
|
Restricted Securities
|
|||
|
Investment
|
Date of Acquisition
|
Cost
|
Value
|
|
Severstal PAO
|
2/4/2022
|
$3,161,310
|
$0
|
|
Surgutneftegas PJSC
|
2/4/2022
|
5,050,556
|
0
|
|
Total
|
|
$8,211,866
|
$—
|
|
The following futures contracts were outstanding at September 30, 2024:
|
|
Contracts to Buy (Sell)
|
Notional
Amount
|
Notional
Cost (Proceeds)
|
Expiration
Date
|
Value/
Unrealized
Appreciation1
|
Value/
Unrealized
Depreciation1
|
|
|
Equity Contract:
|
||||||
|
131
|
E-mini MSCI Emerging Markets Index
|
$7,681,185
|
$7,212,476
|
12/20/24
|
$468,709
|
$—
|
|
The use of futures contracts involves elements of market risk and risks in excess
of the amounts recognized in the financial statements. The
notional amounts presented above represent the Fund’s total exposure in such contracts, whereas only the net unrealized appreciation
(depreciation) is reflected in the Fund’s net assets.
|
|
1
Includes cumulative appreciation (depreciation) of futures contracts from the date
the contracts were opened through September 30, 2024.
|
|
Summary of Abbreviations:
|
|
ADR–American Depositary Receipt
|
|
MSCI–Morgan Stanley Capital International
|
|
NVDR–Non-Voting Depository Receipt
|
|
PJSC–Public Joint Stock Company
|
|
QSC–Qatari Shareholding Company
|