|
Shares
|
Description
|
Value (†)
|
|
Common Stocks — 98.0% of Net Assets
|
||
|
|
Belgium — 1.4%
|
|
|
102,210
|
KBC Group NV
|
$12,248,744
|
|
|
Canada — 4.4%
|
|
|
143,749
|
Canadian Pacific Kansas City Ltd.
|
10,707,863
|
|
193,619
|
Shopify, Inc., Class A(a)
|
28,773,719
|
|
|
|
39,481,582
|
|
|
Denmark — 0.8%
|
|
|
369,081
|
Vestas Wind Systems AS
|
7,021,108
|
|
|
France — 4.4%
|
|
|
61,912
|
Air Liquide SA
|
12,899,779
|
|
357,978
|
Credit Agricole SA
|
7,054,341
|
|
62,100
|
EssilorLuxottica SA
|
20,229,309
|
|
|
|
40,183,429
|
|
|
Germany — 3.4%
|
|
|
67,774
|
SAP SE
|
18,147,665
|
|
139,650
|
Symrise AG
|
12,145,397
|
|
|
|
30,293,062
|
|
|
Ireland — 1.3%
|
|
|
48,393
|
Accenture PLC, Class A
|
11,933,714
|
|
|
Japan — 2.5%
|
|
|
569,166
|
Sekisui House Ltd.
|
12,944,302
|
|
598,944
|
Terumo Corp.
|
9,880,489
|
|
|
|
22,824,791
|
|
|
Netherlands — 4.1%
|
|
|
11,988
|
Adyen NV(a)
|
19,289,642
|
|
17,838
|
ASML Holding NV
|
17,395,384
|
|
|
|
36,685,026
|
|
|
Spain — 3.6%
|
|
|
1,712,756
|
Iberdrola SA
|
32,421,338
|
|
|
Taiwan — 4.0%
|
|
|
130,616
|
Taiwan Semiconductor Manufacturing Co. Ltd.,
ADR
|
36,479,743
|
|
|
United Kingdom — 4.6%
|
|
|
104,387
|
AstraZeneca PLC
|
15,992,192
|
|
2,963,969
|
Legal & General Group PLC
|
9,520,011
|
|
171,703
|
RELX PLC
|
8,203,764
|
|
129,983
|
Unilever PLC
|
7,720,528
|
|
|
|
41,436,495
|
|
|
United States — 63.5%
|
|
|
45,994
|
Advanced Drainage Systems, Inc.
|
6,379,368
|
|
77,195
|
AGCO Corp.
|
8,265,269
|
|
107,196
|
American Water Works Co., Inc.
|
14,920,611
|
|
194,421
|
Ball Corp.
|
9,802,707
|
|
22,458
|
Broadcom, Inc.
|
7,409,119
|
|
Shares
|
Description
|
Value (†)
|
|
|
United States — continued
|
|
|
72,826
|
Danaher Corp.
|
$14,438,483
|
|
216,125
|
eBay, Inc.
|
19,656,569
|
|
102,259
|
Ecolab, Inc.
|
28,004,650
|
|
190,092
|
Edwards Lifesciences Corp.(a)
|
14,783,455
|
|
24,591
|
Eli Lilly & Co.
|
18,762,933
|
|
57,867
|
First Solar, Inc.(a)
|
12,761,409
|
|
32,065
|
Hubbell, Inc.
|
13,797,890
|
|
37,636
|
Intuitive Surgical, Inc.(a)
|
16,831,948
|
|
68,569
|
Mastercard, Inc., Class A
|
39,002,733
|
|
125,847
|
Microsoft Corp.
|
65,182,454
|
|
263,997
|
NextEra Energy, Inc.
|
19,929,133
|
|
420,520
|
NVIDIA Corp.
|
78,460,622
|
|
112,536
|
Palo Alto Networks, Inc.(a)
|
22,914,580
|
|
46,287
|
Roper Technologies, Inc.
|
23,082,864
|
|
42,562
|
Salesforce, Inc.
|
10,087,194
|
|
181,665
|
Smurfit WestRock PLC
|
7,677,339
|
|
44,546
|
Thermo Fisher Scientific, Inc.
|
21,605,701
|
|
172,216
|
TJX Cos., Inc.
|
24,892,101
|
|
69,466
|
Veralto Corp.
|
7,405,770
|
|
52,930
|
Visa, Inc., Class A
|
18,069,243
|
|
96,470
|
Waste Management, Inc.
|
21,303,470
|
|
29,627
|
Watts Water Technologies, Inc., Class A
|
8,274,229
|
|
124,701
|
Xylem, Inc.
|
18,393,397
|
|
|
|
572,095,241
|
|
|
Total Common Stocks
(Identified Cost $640,866,705)
|
883,104,273
|
|
Principal
Amount
|
|
|
|
Short-Term Investments — 1.5%
|
||
|
$13,696,755
|
Tri-Party Repurchase Agreement with Fixed
Income Clearing Corporation, dated 9/30/2025 at
2.650% to be repurchased at $13,697,763
on 10/01/2025 collateralized by $3,352,400
U.S. Treasury Note, 3.625% due 5/31/2028 valued at
$3,391,872; $10,335,500 U.S. Treasury Note, 4.375%
due 8/31/2028 valued at $10,578,911 including
accrued interest(b)
(Identified Cost $13,696,755)
|
13,696,755
|
|
|
Total Investments — 99.5%
(Identified Cost $654,563,460)
|
896,801,028
|
|
|
Other assets less liabilities — 0.5%
|
4,634,877
|
|
|
Net Assets — 100.0%
|
$901,435,905
|
|
(†)
|
Registered investment companies are required to value portfolio investments using
an unadjusted, readily available market quotation. The Fund obtains
readily available market quotations from independent pricing services. Fund investments
for which readily available market quotations are not available
are priced at fair value pursuant to the Fund's Valuation Procedures. The Board of
Trustees has approved a valuation designee who is subject to the
Board's oversight.
Unadjusted readily available market quotations that are utilized for exchange traded
equity securities (including shares of closed-end investment
companies and exchange-traded funds) include the last sale price quoted on the exchange
where the security is traded most extensively. Shares of
open-end investment companies are valued at net asset value ("NAV") per share.
Exchange traded equity securities for which there is no reported sale during the day
are fair valued at the closing bid quotation as reported by an
independent pricing service. Unlisted equity securities (except unlisted preferred
equity securities) are fair valued at the last sale price quoted in the
market where they are traded most extensively or, if there is no reported sale during
the day, the closing bid quotation as reported by an independent
pricing service. If there is no last sale price or closing bid quotation available,
unlisted equity securities will be fair valued using evaluated bids furnished
by an independent pricing service, if available.
Debt securities and unlisted preferred equity securities are fair valued based on
evaluated bids furnished to the Fund by an independent pricing service
or bid prices obtained from broker-dealers. Broker-dealer bid prices may be used to
fair value debt and unlisted equities where an independent pricing
service is unable to price an investment or where an independent pricing service does
not provide a reliable price for the investment.
The Fund may also fair value investments in other circumstances such as when extraordinary
events occur after the close of a foreign market, but prior
to the close of the New York Stock Exchange. This may include situations relating
to a single issuer (such as a declaration of bankruptcy or a delisting of
the issuer's security from the primary market on which it has traded) as well as events
affecting the securities markets in general (such as market
disruptions or closings and significant fluctuations in U.S. and/or foreign markets).
When fair valuing a Fund's investments, the valuation designee may,
among other things, use modeling tools or other processes that may take into account
factors such as issuer specific information, or other related
market activity and/or information that occurred after the close of the foreign market
but before the time the Fund's NAV is calculated. Fair valuation by
the Fund's valuation designee may require subjective determinations about the value
of the investment, and fair values used to determine a Fund's NAV
may differ from quoted or published prices, or from prices that are used by others,
for the same investments. In addition, the use of fair value pricing may
not always result in adjustments to the prices of investments held by a Fund.
The books and records of the Fund are maintained in U.S. dollars. The values of securities,
currencies and other assets and liabilities denominated in
currencies other than U.S. dollars, if any, are translated into U.S. dollars based
upon foreign exchange rates prevailing at the end of the period.
|
|
(a)
|
Non-income producing security.
|
|
(b)
|
The Fund may enter into repurchase agreements, under the terms of a Master Repurchase
Agreement, under which the Fund acquires securities as
collateral and agrees to resell the securities at an agreed upon time and at an agreed
upon price. It is the Fund's policy that the market value of the
collateral for repurchase agreements be at least equal to 102% of the repurchase price,
including interest. Certain repurchase agreements are tri-party
arrangements whereby the collateral is held in a segregated account for the benefit
of the Fund and on behalf of the counterparty. Repurchase
agreements could involve certain risks in the event of default or insolvency of the
counterparty, including possible delays or restrictions upon the Fund's
ability to dispose of the underlying securities. As of September 30, 2025, the Fund
had an investment in a repurchase agreement for which the value of
the related collateral exceeded the value of the repurchase agreement.
|
|
ADR
|
An American Depositary Receipt is a certificate issued by a custodian bank representing
the right to receive securities of the foreign issuer described.
The values of ADRs may be significantly influenced by trading on exchanges not located
in the United States.
|
|
Asset Valuation Inputs
|
||||
|
Description
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Common Stocks
|
|
|
|
|
|
Belgium
|
$ —
|
$12,248,744
|
$ —
|
$12,248,744
|
|
Denmark
|
—
|
7,021,108
|
—
|
7,021,108
|
|
France
|
—
|
40,183,429
|
—
|
40,183,429
|
|
Germany
|
—
|
30,293,062
|
—
|
30,293,062
|
|
Japan
|
—
|
22,824,791
|
—
|
22,824,791
|
|
Netherlands
|
—
|
36,685,026
|
—
|
36,685,026
|
|
Spain
|
—
|
32,421,338
|
—
|
32,421,338
|
|
United Kingdom
|
—
|
41,436,495
|
—
|
41,436,495
|
|
United States
|
564,417,902
|
7,677,339
|
—
|
572,095,241
|
|
All Other Common Stocks(a)
|
87,895,039
|
—
|
—
|
87,895,039
|
|
Total Common Stocks
|
652,312,941
|
230,791,332
|
—
|
883,104,273
|
|
Short-Term Investments
|
—
|
13,696,755
|
—
|
13,696,755
|
|
Total Investments
|
$652,312,941
|
$244,488,087
|
$—
|
$896,801,028
|
|
(a)
|
Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments.
|
|
Currency Exposure Summary at September 30, 2025 (Unaudited)
|
|
|
United States Dollar
|
73.8
%
|
|
Euro
|
17.8
|
|
British Pound
|
4.6
|
|
Japanese Yen
|
2.5
|
|
Danish Krone
|
0.8
|
|
Total Investments
|
99.5
|
|
Other assets less liabilities
|
0.5
|
|
Net Assets
|
100.0
%
|