|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 100.0%
|
|||||
|
|
Automobile Components —
4.2%
|
|
|||
|
40,341
|
Aptiv PLC (a)
|
$3,271,655
|
|||
|
39,563
|
BorgWarner, Inc.
|
1,699,627
|
|||
|
122,912
|
Gentex Corp.
|
2,882,286
|
|||
|
45,096
|
Lear Corp.
|
4,719,296
|
|||
|
|
|
12,572,864
|
|||
|
|
Automobiles — 5.8%
|
|
|||
|
290,838
|
Ford Motor Co.
|
3,818,703
|
|||
|
74,414
|
General Motors Co.
|
5,141,263
|
|||
|
124,675
|
Harley-Davidson, Inc.
|
3,363,732
|
|||
|
3,911
|
Tesla, Inc. (a)
|
1,785,606
|
|||
|
33,544
|
Thor Industries, Inc.
|
3,500,316
|
|||
|
|
|
17,609,620
|
|||
|
|
Broadline Retail — 6.0%
|
|
|||
|
7,921
|
Amazon.com, Inc. (a)
|
1,934,467
|
|||
|
140,900
|
Coupang, Inc. (a)
|
4,504,573
|
|||
|
4,431
|
Dillard’s, Inc., Class A
|
2,658,954
|
|||
|
9,561
|
eBay, Inc.
|
777,405
|
|||
|
52,393
|
Etsy, Inc. (a)
|
3,248,366
|
|||
|
253,045
|
Macy’s, Inc.
|
4,931,847
|
|||
|
|
|
18,055,612
|
|||
|
|
Commercial Services &
Supplies — 1.4%
|
|
|||
|
38,677
|
Copart, Inc. (a)
|
1,663,498
|
|||
|
16,053
|
RB Global, Inc.
|
1,592,779
|
|||
|
14,804
|
Rollins, Inc.
|
852,858
|
|||
|
|
|
4,109,135
|
|||
|
|
Consumer Staples Distribution
& Retail — 4.1%
|
|
|||
|
18,650
|
BJ’s Wholesale Club Holdings,
Inc. (a)
|
1,646,049
|
|||
|
941
|
Costco Wholesale Corp.
|
857,674
|
|||
|
16,828
|
Dollar General Corp.
|
1,660,250
|
|||
|
9,216
|
Dollar Tree, Inc. (a)
|
913,490
|
|||
|
50,579
|
Target Corp.
|
4,689,685
|
|||
|
26,415
|
Walmart, Inc.
|
2,672,670
|
|||
|
|
|
12,439,818
|
|||
|
|
Distributors — 1.8%
|
|
|||
|
6,275
|
Genuine Parts Co.
|
798,870
|
|||
|
148,560
|
LKQ Corp.
|
4,747,978
|
|||
|
|
|
5,546,848
|
|||
|
|
Diversified Consumer Services
— 1.7%
|
|
|||
|
12,400
|
Grand Canyon Education,
Inc. (a)
|
2,334,920
|
|||
|
53,832
|
H&R Block, Inc.
|
2,677,604
|
|||
|
|
|
5,012,524
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Entertainment — 7.2%
|
|
|||
|
8,325
|
Liberty Media Corp.-Liberty
Formula One, Class C (a)
|
$831,251
|
|||
|
16,660
|
Live Nation Entertainment,
Inc. (a)
|
2,491,170
|
|||
|
1,449
|
Netflix, Inc. (a)
|
1,621,228
|
|||
|
32,754
|
ROBLOX Corp., Class A (a)
|
3,724,785
|
|||
|
2,492
|
Spotify Technology S.A. (a)
|
1,633,057
|
|||
|
6,733
|
Take-Two Interactive Software,
Inc. (a)
|
1,726,139
|
|||
|
17,224
|
TKO Group Holdings, Inc.
|
3,245,002
|
|||
|
30,380
|
Walt Disney (The) Co.
|
3,421,396
|
|||
|
139,388
|
Warner Bros. Discovery, Inc. (a)
|
3,129,261
|
|||
|
|
|
21,823,289
|
|||
|
|
Ground Transportation —
3.9%
|
|
|||
|
16,954
|
Avis Budget Group, Inc. (a) (b)
|
2,306,931
|
|||
|
206,134
|
Lyft, Inc., Class A (a)
|
4,217,502
|
|||
|
27,786
|
Uber Technologies, Inc. (a)
|
2,681,349
|
|||
|
53,484
|
U-Haul Holding Co.
|
2,593,439
|
|||
|
|
|
11,799,221
|
|||
|
|
Hotels, Restaurants & Leisure
— 15.8%
|
|
|||
|
22,647
|
Aramark
|
857,868
|
|||
|
323
|
Booking Holdings, Inc.
|
1,640,110
|
|||
|
40,238
|
Boyd Gaming Corp.
|
3,133,333
|
|||
|
100,730
|
Caesars Entertainment, Inc. (a)
|
2,024,673
|
|||
|
120,318
|
Carnival Corp. (a)
|
3,468,768
|
|||
|
8,136
|
Choice Hotels International,
Inc. (b)
|
756,323
|
|||
|
17,927
|
Churchill Downs, Inc.
|
1,778,358
|
|||
|
4,566
|
Darden Restaurants, Inc.
|
822,565
|
|||
|
23,250
|
DraftKings, Inc., Class A (a)
|
711,218
|
|||
|
16,612
|
Dutch Bros, Inc., Class A (a)
|
922,631
|
|||
|
21,225
|
Expedia Group, Inc.
|
4,669,500
|
|||
|
6,849
|
Flutter Entertainment PLC (a)
|
1,593,009
|
|||
|
3,354
|
Hilton Worldwide Holdings, Inc.
|
861,844
|
|||
|
50,609
|
Las Vegas Sands Corp.
|
3,003,644
|
|||
|
50,181
|
MGM Resorts International (a)
|
1,607,297
|
|||
|
141,227
|
Norwegian Cruise Line Holdings
Ltd. (a)
|
3,166,309
|
|||
|
141,343
|
Penn Entertainment, Inc. (a)
|
2,326,506
|
|||
|
8,378
|
Planet Fitness, Inc., Class A (a)
|
759,801
|
|||
|
13,560
|
Restaurant Brands International,
Inc.
|
890,756
|
|||
|
8,415
|
Royal Caribbean Cruises Ltd.
|
2,413,674
|
|||
|
58,468
|
Travel + Leisure Co.
|
3,670,621
|
|||
|
5,815
|
Vail Resorts, Inc.
|
862,539
|
|||
|
72,992
|
Viking Holdings Ltd. (a)
|
4,441,563
|
|||
|
94,934
|
Wendy’s (The) Co.
|
810,736
|
|||
|
5,722
|
Yum! Brands, Inc.
|
790,838
|
|||
|
|
|
47,984,484
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (Continued)
|
|||||
|
|
Household Durables — 8.5%
|
|
|||
|
20,526
|
D.R. Horton, Inc.
|
$3,060,016
|
|||
|
3,534
|
Garmin Ltd.
|
756,064
|
|||
|
35,998
|
Lennar Corp., Class A
|
4,455,473
|
|||
|
337
|
NVR, Inc. (a)
|
2,430,046
|
|||
|
34,339
|
PulteGroup, Inc.
|
4,116,216
|
|||
|
26,390
|
SharkNinja, Inc. (a)
|
2,256,345
|
|||
|
53,800
|
Somnigroup International, Inc.
|
4,268,492
|
|||
|
32,844
|
Toll Brothers, Inc.
|
4,432,298
|
|||
|
|
|
25,774,950
|
|||
|
|
Leisure Products — 2.8%
|
|
|||
|
269,582
|
Mattel, Inc. (a)
|
4,954,917
|
|||
|
104,835
|
YETI Holdings, Inc. (a)
|
3,563,342
|
|||
|
|
|
8,518,259
|
|||
|
|
Media — 3.4%
|
|
|||
|
55,158
|
Fox Corp., Class A
|
3,565,965
|
|||
|
15,148
|
New York Times (The) Co.,
Class A
|
863,284
|
|||
|
28,316
|
News Corp., Class A
|
750,374
|
|||
|
17,592
|
Nexstar Media Group, Inc.
|
3,443,282
|
|||
|
21,331
|
Omnicom Group, Inc.
|
1,600,252
|
|||
|
|
|
10,223,157
|
|||
|
|
Passenger Airlines — 4.8%
|
|
|||
|
69,873
|
Alaska Air Group, Inc. (a)
|
2,915,800
|
|||
|
154,733
|
American Airlines Group,
Inc. (a)
|
2,031,644
|
|||
|
79,948
|
Delta Air Lines, Inc.
|
4,587,416
|
|||
|
54,505
|
Southwest Airlines Co.
|
1,651,502
|
|||
|
36,045
|
United Airlines Holdings,
Inc. (a)
|
3,389,672
|
|||
|
|
|
14,576,034
|
|||
|
|
Specialty Retail — 19.6%
|
|
|||
|
12,445
|
AutoNation, Inc. (a)
|
2,487,382
|
|||
|
634
|
AutoZone, Inc. (a)
|
2,329,589
|
|||
|
105,675
|
Bath & Body Works, Inc.
|
2,586,924
|
|||
|
22,999
|
Best Buy Co., Inc.
|
1,889,138
|
|||
|
6,835
|
Burlington Stores, Inc. (a)
|
1,869,988
|
|||
|
77,520
|
CarMax, Inc. (a)
|
3,248,863
|
|||
|
12,026
|
Carvana Co. (a)
|
3,686,450
|
|||
|
67,299
|
Chewy, Inc., Class A (a)
|
2,269,322
|
|||
|
12,251
|
Dick’s Sporting Goods, Inc.
|
2,712,984
|
|||
|
5,622
|
Five Below, Inc. (a)
|
884,172
|
|||
|
212,109
|
Gap (The), Inc.
|
4,846,691
|
|||
|
4,291
|
Home Depot (The), Inc.
|
1,628,821
|
|||
|
14,358
|
Lithia Motors, Inc.
|
4,509,561
|
|||
|
3,458
|
Lowe’s Cos., Inc.
|
823,454
|
|||
|
25,253
|
O’Reilly Automotive, Inc. (a)
|
2,384,893
|
|||
|
20,003
|
Penske Automotive Group, Inc.
|
3,201,880
|
|||
|
11,413
|
Ross Stores, Inc.
|
1,813,754
|
|||
|
18,832
|
TJX (The) Cos., Inc.
|
2,639,116
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Specialty Retail (Continued)
|
|
|||
|
15,292
|
Tractor Supply Co.
|
$827,450
|
|||
|
6,363
|
Ulta Beauty, Inc. (a)
|
3,307,996
|
|||
|
48,434
|
Valvoline, Inc. (a)
|
1,598,806
|
|||
|
50,790
|
Wayfair, Inc., Class A (a)
|
5,257,273
|
|||
|
13,930
|
Williams-Sonoma, Inc.
|
2,707,156
|
|||
|
|
|
59,511,663
|
|||
|
|
Textiles, Apparel & Luxury
Goods — 8.7%
|
|
|||
|
38,434
|
Birkenstock Holding PLC (a)
|
1,533,901
|
|||
|
86,750
|
Columbia Sportswear Co.
|
4,305,403
|
|||
|
20,818
|
Crocs, Inc. (a)
|
1,700,622
|
|||
|
19,549
|
Lululemon Athletica, Inc. (a)
|
3,333,886
|
|||
|
54,159
|
PVH Corp.
|
4,242,274
|
|||
|
14,471
|
Ralph Lauren Corp.
|
4,625,800
|
|||
|
30,722
|
Tapestry, Inc.
|
3,373,890
|
|||
|
697,075
|
Under Armour, Inc.,
Class A (a) (b)
|
3,213,516
|
|||
|
|
|
26,329,292
|
|||
|
|
Trading Companies &
Distributors — 0.3%
|
|
|||
|
6,754
|
SiteOne Landscape Supply,
Inc. (a)
|
876,467
|
|||
|
|
Total Common Stocks
|
302,763,237
|
|||
|
|
(Cost $295,537,893)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
361,999
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.94% (c)
|
361,999
|
|||
|
|
(Cost $361,999)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 1.7%
|
|||||
|
$5,234,264
|
Daiwa Capital Markets America,
Inc., 4.14% (c), dated
10/31/25, due 11/03/25, with a
maturity value of $5,236,070.
Collateralized by
U.S. Treasury Securities,
interest rates of 0.00% to
4.38%, due 02/15/26 to
08/15/54. The value of the
collateral including accrued
interest is $5,338,950. (d)
|
5,234,264
|
|||
|
|
(Cost $5,234,264)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 101.8%
|
308,359,500
|
|||
|
|
(Cost $301,134,156)
|
|
|||
|
|
Net Other Assets and
Liabilities — (1.8)%
|
(5,459,371
)
|
|||
|
|
Net Assets — 100.0%
|
$302,900,129
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $5,094,870 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $5,234,264.
|
|
(c)
|
Rate shown reflects yield as of October 31, 2025.
|
|
(d)
|
This security serves as collateral for securities on loan.
|
|
|
Total
Value at
10/31/2025
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$302,763,237
|
$302,763,237
|
$—
|
$—
|
|
Money Market Funds
|
361,999
|
361,999
|
—
|
—
|
|
Repurchase
Agreements
|
5,234,264
|
—
|
5,234,264
|
—
|
|
Total Investments
|
$308,359,500
|
$303,125,236
|
$5,234,264
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.8%
|
|||||
|
|
Beverages — 17.3%
|
|
|||
|
31,874
|
Boston Beer (The) Co., Inc.,
Class A (a)
|
$6,597,599
|
|||
|
248,851
|
Brown-Forman Corp., Class B
|
6,776,213
|
|||
|
156,292
|
Celsius Holdings, Inc. (a)
|
9,413,467
|
|||
|
38,346
|
Coca-Cola Consolidated, Inc.
|
4,999,551
|
|||
|
176,111
|
Keurig Dr Pepper, Inc.
|
4,783,175
|
|||
|
248,211
|
Molson Coors Beverage Co.,
Class B
|
10,851,785
|
|||
|
33,373
|
Monster Beverage Corp. (a)
|
2,230,318
|
|||
|
|
|
45,652,108
|
|||
|
|
Chemicals — 1.5%
|
|
|||
|
66,430
|
Corteva, Inc.
|
4,081,459
|
|||
|
|
Consumer Staples Distribution
& Retail — 13.5%
|
|
|||
|
384,861
|
Albertsons Cos., Inc., Class A
|
6,808,191
|
|||
|
15,894
|
Casey’s General Stores, Inc.
|
8,156,642
|
|||
|
66,646
|
Kroger (The) Co.
|
4,240,685
|
|||
|
107,954
|
Performance Food Group Co. (a)
|
10,443,470
|
|||
|
81,842
|
Sysco Corp.
|
6,079,224
|
|||
|
|
|
35,728,212
|
|||
|
|
Food Products — 47.0%
|
|
|||
|
75,203
|
Archer-Daniels-Midland Co.
|
4,552,038
|
|||
|
138,235
|
Bunge Global S.A.
|
13,077,031
|
|||
|
213,392
|
Campbell’s (The) Co.
|
6,429,501
|
|||
|
613,408
|
Conagra Brands, Inc.
|
10,544,483
|
|||
|
218,300
|
Darling Ingredients, Inc. (a)
|
6,996,515
|
|||
|
688,522
|
Flowers Foods, Inc.
|
8,214,067
|
|||
|
178,208
|
General Mills, Inc.
|
8,306,275
|
|||
|
12,008
|
Hershey (The) Co.
|
2,036,917
|
|||
|
272,390
|
Hormel Foods Corp.
|
5,880,900
|
|||
|
91,978
|
Ingredion, Inc.
|
10,615,181
|
|||
|
77,353
|
Lamb Weston Holdings, Inc.
|
4,775,001
|
|||
|
33,573
|
McCormick & Co., Inc.
|
2,154,044
|
|||
|
35,958
|
Mondelez International, Inc.,
Class A
|
2,066,147
|
|||
|
275,824
|
Pilgrim’s Pride Corp.
|
10,508,894
|
|||
|
83,599
|
Post Holdings, Inc. (a)
|
8,688,444
|
|||
|
478,344
|
Smithfield Foods, Inc.
|
10,600,103
|
|||
|
165,474
|
Tyson Foods, Inc., Class A
|
8,507,018
|
|||
|
|
|
123,952,559
|
|||
|
|
Health Care Providers &
Services — 10.8%
|
|
|||
|
28,751
|
Cencora, Inc.
|
9,712,376
|
|||
|
89,388
|
CVS Health Corp.
|
6,985,672
|
|||
|
14,539
|
McKesson Corp.
|
11,796,072
|
|||
|
|
|
28,494,120
|
|||
|
|
Household Products — 6.7%
|
|
|||
|
18,218
|
Clorox (The) Co.
|
2,048,796
|
|||
|
28,099
|
Colgate-Palmolive Co.
|
2,165,028
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Household Products
(Continued)
|
|
|||
|
18,066
|
Kimberly-Clark Corp.
|
$2,162,681
|
|||
|
14,620
|
Procter & Gamble (The) Co.
|
2,198,409
|
|||
|
367,192
|
Reynolds Consumer Products,
Inc.
|
8,974,173
|
|||
|
|
|
17,549,087
|
|||
|
|
Personal Care Products —
1.5%
|
|
|||
|
276,808
|
Kenvue, Inc.
|
3,977,731
|
|||
|
|
Tobacco — 1.5%
|
|
|||
|
68,008
|
Altria Group, Inc.
|
3,834,291
|
|||
|
|
Total Common Stocks
|
263,269,567
|
|||
|
|
(Cost $271,491,336)
|
|
|||
|
MONEY MARKET FUNDS — 0.0%
|
|||||
|
151,792
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.94% (b)
|
151,792
|
|||
|
|
(Cost $151,792)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 0.0%
|
|||||
|
$2,552
|
Daiwa Capital Markets America,
Inc., 4.14% (b), dated
10/31/25, due 11/03/25, with a
maturity value of $2,553.
Collateralized by
U.S. Treasury Securities,
interest rates of 0.00% to
4.38%, due 02/15/26 to
08/15/54. The value of the
collateral including accrued
interest is $2,603. (c)
|
2,552
|
|||
|
|
(Cost $2,552)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 99.8%
|
263,423,911
|
|||
|
|
(Cost $271,645,680)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.2%
|
465,269
|
|||
|
|
Net Assets — 100.0%
|
$263,889,180
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
Rate shown reflects yield as of October 31, 2025.
|
|
(c)
|
This security serves as collateral for securities on loan.
|
|
|
Total
Value at
10/31/2025
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$263,269,567
|
$263,269,567
|
$—
|
$—
|
|
Money Market Funds
|
151,792
|
151,792
|
—
|
—
|
|
Repurchase Agreements
|
2,552
|
—
|
2,552
|
—
|
|
Total Investments
|
$263,423,911
|
$263,421,359
|
$2,552
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.9%
|
|||||
|
|
Energy Equipment & Services
— 18.2%
|
|
|||
|
138,555
|
Baker Hughes Co.
|
$6,707,447
|
|||
|
365,867
|
Halliburton Co.
|
9,819,870
|
|||
|
679,270
|
NOV, Inc.
|
9,917,342
|
|||
|
261,863
|
SLB Ltd.
|
9,442,780
|
|||
|
114,069
|
TechnipFMC PLC
|
4,716,753
|
|||
|
98,646
|
Weatherford International PLC
|
7,269,224
|
|||
|
|
|
47,873,416
|
|||
|
|
Oil, Gas & Consumable Fuels
— 77.9%
|
|
|||
|
115,741
|
Antero Midstream Corp.
|
1,996,532
|
|||
|
201,138
|
Antero Resources Corp. (a)
|
6,217,176
|
|||
|
370,685
|
APA Corp.
|
8,396,015
|
|||
|
19,148
|
Cheniere Energy, Inc.
|
4,059,376
|
|||
|
43,468
|
Chevron Corp.
|
6,855,773
|
|||
|
67,927
|
Chord Energy Corp.
|
6,162,337
|
|||
|
395,615
|
Civitas Resources, Inc.
|
11,405,581
|
|||
|
95,147
|
ConocoPhillips
|
8,454,762
|
|||
|
543,658
|
Coterra Energy, Inc.
|
12,862,948
|
|||
|
366,728
|
Devon Energy Corp.
|
11,914,993
|
|||
|
89,847
|
Diamondback Energy, Inc.
|
12,865,192
|
|||
|
19,901
|
DT Midstream, Inc.
|
2,178,961
|
|||
|
114,681
|
EOG Resources, Inc.
|
12,137,837
|
|||
|
82,678
|
EQT Corp.
|
4,429,887
|
|||
|
42,355
|
Expand Energy Corp.
|
4,375,695
|
|||
|
79,830
|
Exxon Mobil Corp.
|
9,129,359
|
|||
|
128,973
|
HF Sinclair Corp.
|
6,655,007
|
|||
|
158,958
|
Kinder Morgan, Inc.
|
4,163,110
|
|||
|
11,676
|
Marathon Petroleum Corp.
|
2,275,769
|
|||
|
286,170
|
Matador Resources Co.
|
11,292,268
|
|||
|
95,240
|
Occidental Petroleum Corp.
|
3,923,888
|
|||
|
61,669
|
ONEOK, Inc.
|
4,131,823
|
|||
|
222,894
|
Ovintiv, Inc.
|
8,360,754
|
|||
|
1,004,497
|
Permian Resources Corp.
|
12,616,482
|
|||
|
33,082
|
Phillips 66
|
4,503,784
|
|||
|
179,338
|
Range Resources Corp.
|
6,375,466
|
|||
|
13,434
|
Targa Resources Corp.
|
2,069,373
|
|||
|
2,412
|
Texas Pacific Land Corp.
|
2,275,433
|
|||
|
13,214
|
Valero Energy Corp.
|
2,240,566
|
|||
|
235,490
|
Viper Energy, Inc., Class A
|
8,845,004
|
|||
|
35,518
|
Williams (The) Cos., Inc.
|
2,055,427
|
|||
|
|
|
205,226,578
|
|||
|
|
Semiconductors &
Semiconductor Equipment
— 3.8%
|
|
|||
|
63,578
|
Enphase Energy, Inc. (a)
|
1,939,765
|
|||
|
30,611
|
First Solar, Inc. (a)
|
8,171,300
|
|||
|
|
|
10,111,065
|
|||
|
|
Total Common Stocks
|
263,211,059
|
|||
|
|
(Cost $307,919,886)
|
|
|||
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
401,282
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.94% (b)
|
$401,282
|
|||
|
|
(Cost $401,282)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
263,612,341
|
|||
|
|
(Cost $308,321,168)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.0)%
|
(84,502
)
|
|||
|
|
Net Assets — 100.0%
|
$263,527,839
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
Rate shown reflects yield as of October 31, 2025.
|
|
|
Total
Value at
10/31/2025
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$263,211,059
|
$263,211,059
|
$—
|
$—
|
|
Money Market Funds
|
401,282
|
401,282
|
—
|
—
|
|
Total Investments
|
$263,612,341
|
$263,612,341
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.9%
|
|||||
|
|
Banks — 27.3%
|
|
|||
|
404,363
|
Bank of America Corp.
|
$21,613,202
|
|||
|
716,106
|
Bank OZK
|
32,217,609
|
|||
|
187,197
|
BOK Financial Corp.
|
19,577,062
|
|||
|
359,679
|
Citigroup, Inc.
|
36,410,305
|
|||
|
261,617
|
Citizens Financial Group, Inc.
|
13,308,457
|
|||
|
1,080,620
|
Columbia Banking System, Inc.
|
28,960,616
|
|||
|
202,976
|
Comerica, Inc.
|
15,527,664
|
|||
|
116,359
|
Commerce Bancshares, Inc.
|
6,123,974
|
|||
|
54,860
|
Cullen/Frost Bankers, Inc.
|
6,755,461
|
|||
|
130,653
|
East West Bancorp, Inc.
|
13,274,345
|
|||
|
312,173
|
Fifth Third Bancorp
|
12,992,640
|
|||
|
11,657
|
First Citizens BancShares, Inc.,
Class A
|
21,271,927
|
|||
|
560,110
|
First Hawaiian, Inc.
|
13,739,498
|
|||
|
615,101
|
First Horizon Corp.
|
13,138,557
|
|||
|
1,294,931
|
FNB Corp.
|
20,356,315
|
|||
|
805,297
|
Huntington Bancshares, Inc.
|
12,433,786
|
|||
|
140,750
|
M&T Bank Corp.
|
25,879,703
|
|||
|
2,280,282
|
NU Holdings Ltd., Class A (a)
|
36,735,343
|
|||
|
148,286
|
Pinnacle Financial Partners, Inc.
|
12,635,450
|
|||
|
69,214
|
PNC Financial Services Group
(The), Inc.
|
12,635,016
|
|||
|
219,000
|
Popular, Inc.
|
24,411,930
|
|||
|
419,215
|
Prosperity Bancshares, Inc.
|
27,592,731
|
|||
|
527,394
|
Regions Financial Corp.
|
12,762,935
|
|||
|
140,662
|
SouthState Bank Corp.
|
12,469,686
|
|||
|
608,386
|
Truist Financial Corp.
|
27,152,267
|
|||
|
431,639
|
U.S. Bancorp
|
20,148,909
|
|||
|
350,968
|
Webster Financial Corp.
|
20,019,215
|
|||
|
82,956
|
Wells Fargo & Co.
|
7,214,683
|
|||
|
240,565
|
Western Alliance Bancorp
|
18,607,703
|
|||
|
105,018
|
Wintrust Financial Corp.
|
13,654,440
|
|||
|
368,708
|
Zions Bancorp N.A.
|
19,213,374
|
|||
|
|
|
578,834,803
|
|||
|
|
Capital Markets — 29.4%
|
|
|||
|
87,490
|
Affiliated Managers Group, Inc.
|
20,819,120
|
|||
|
335,047
|
Bank of New York Mellon (The)
Corp.
|
36,161,623
|
|||
|
122,099
|
Blackstone, Inc.
|
17,904,597
|
|||
|
122,121
|
Brookfield Asset Management
Ltd., Class A
|
6,601,861
|
|||
|
110,913
|
Carlyle Group (The), Inc.
|
5,913,881
|
|||
|
145,670
|
Charles Schwab (The) Corp.
|
13,768,728
|
|||
|
82,414
|
Coinbase Global, Inc.,
Class A (a)
|
28,332,285
|
|||
|
48,542
|
FactSet Research Systems, Inc.
|
12,951,006
|
|||
|
601,275
|
Franklin Resources, Inc.
|
13,594,828
|
|||
|
212,089
|
Freedom Holding
Corp./N.V. (a) (b)
|
32,589,596
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Capital Markets (Continued)
|
|
|||
|
45,846
|
Goldman Sachs Group (The),
Inc.
|
$36,189,457
|
|||
|
135,468
|
Houlihan Lokey, Inc.
|
24,259,609
|
|||
|
530,550
|
Interactive Brokers Group, Inc.,
Class A
|
37,329,498
|
|||
|
1,212,517
|
Invesco Ltd.
|
28,736,653
|
|||
|
624,916
|
Janus Henderson Group PLC
|
27,221,341
|
|||
|
558,048
|
Jefferies Financial Group, Inc.
|
29,481,676
|
|||
|
395,255
|
Lazard, Inc.
|
19,288,444
|
|||
|
62,706
|
LPL Financial Holdings, Inc.
|
23,659,601
|
|||
|
39,909
|
MarketAxess Holdings, Inc.
|
6,387,835
|
|||
|
59,949
|
Morningstar, Inc.
|
12,727,173
|
|||
|
51,664
|
Northern Trust Corp.
|
6,647,607
|
|||
|
254,975
|
Robinhood Markets, Inc.,
Class A (a)
|
37,425,231
|
|||
|
327,812
|
SEI Investments Company
|
26,424,925
|
|||
|
179,823
|
State Street Corp.
|
20,798,328
|
|||
|
355,677
|
T. Rowe Price Group, Inc.
|
36,467,563
|
|||
|
484,161
|
TPG, Inc.
|
26,648,221
|
|||
|
783,524
|
Virtu Financial, Inc., Class A
|
27,297,976
|
|||
|
370,081
|
XP, Inc., Class A
|
6,742,876
|
|||
|
|
|
622,371,539
|
|||
|
|
Consumer Finance — 5.2%
|
|
|||
|
709,566
|
Ally Financial, Inc.
|
27,651,787
|
|||
|
29,792
|
Credit Acceptance Corp. (a) (b)
|
13,327,153
|
|||
|
492,658
|
OneMain Holdings, Inc.
|
29,160,427
|
|||
|
1,381,805
|
SoFi Technologies, Inc. (a)
|
41,011,973
|
|||
|
|
|
111,151,340
|
|||
|
|
Financial Services — 5.1%
|
|
|||
|
55,328
|
Berkshire Hathaway, Inc.,
Class B (a)
|
26,421,333
|
|||
|
273,873
|
Equitable Holdings, Inc.
|
13,529,326
|
|||
|
1,286,829
|
MGIC Investment Corp.
|
35,284,851
|
|||
|
4,567,341
|
UWM Holdings Corp.
|
25,714,130
|
|||
|
92,967
|
Voya Financial, Inc.
|
6,922,323
|
|||
|
|
|
107,871,963
|
|||
|
|
Insurance — 30.6%
|
|
|||
|
129,580
|
Allstate (The) Corp.
|
24,817,162
|
|||
|
47,716
|
American Financial Group, Inc.
|
6,283,243
|
|||
|
464,819
|
American International Group,
Inc.
|
36,702,108
|
|||
|
402,373
|
Arch Capital Group Ltd.
|
34,728,814
|
|||
|
32,099
|
Assurant, Inc.
|
6,796,000
|
|||
|
431,277
|
Assured Guaranty Ltd.
|
34,752,301
|
|||
|
290,346
|
Axis Capital Holdings Ltd.
|
27,193,806
|
|||
|
687,782
|
Brighthouse Financial, Inc. (a)
|
39,251,719
|
|||
|
73,915
|
Chubb Ltd.
|
20,470,020
|
|||
|
175,930
|
Cincinnati Financial Corp.
|
27,197,019
|
|||
|
299,346
|
CNA Financial Corp.
|
13,335,864
|
|||
|
19,854
|
Everest Group Ltd.
|
6,244,480
|
|||
|
229,915
|
Fidelity National Financial, Inc.
|
12,700,505
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (Continued)
|
|||||
|
|
Insurance (Continued)
|
|
|||
|
108,244
|
First American Financial Corp.
|
$6,766,332
|
|||
|
145,913
|
Globe Life, Inc.
|
19,189,019
|
|||
|
114,853
|
Hanover Insurance Group (The),
Inc.
|
19,626,081
|
|||
|
156,396
|
Hartford Insurance Group (The),
Inc.
|
19,421,255
|
|||
|
708,192
|
Kemper Corp.
|
31,861,558
|
|||
|
689,685
|
Lincoln National Corp.
|
28,966,770
|
|||
|
207,801
|
Loews Corp.
|
20,688,667
|
|||
|
14,548
|
Markel Group, Inc. (a)
|
28,725,462
|
|||
|
84,416
|
MetLife, Inc.
|
6,738,085
|
|||
|
491,209
|
Old Republic International Corp.
|
19,383,107
|
|||
|
50,101
|
Primerica, Inc.
|
13,019,747
|
|||
|
83,868
|
Principal Financial Group, Inc.
|
7,048,267
|
|||
|
84,472
|
Progressive (The) Corp.
|
17,401,232
|
|||
|
36,195
|
Reinsurance Group of America,
Inc.
|
6,604,140
|
|||
|
143,770
|
RenaissanceRe Holdings Ltd.
|
36,530,519
|
|||
|
106,616
|
RLI Corp.
|
6,286,079
|
|||
|
74,719
|
Travelers (The) Cos., Inc.
|
20,071,018
|
|||
|
469,364
|
Unum Group
|
34,460,705
|
|||
|
90,758
|
W.R. Berkley Corp.
|
6,474,676
|
|||
|
4,154
|
White Mountains Insurance
Group Ltd.
|
7,911,542
|
|||
|
|
|
647,647,302
|
|||
|
|
Mortgage REITs — 2.3%
|
|
|||
|
344,074
|
Annaly Capital Management,
Inc.
|
7,284,046
|
|||
|
3,205,208
|
Rithm Capital Corp.
|
35,161,132
|
|||
|
358,999
|
Starwood Property Trust, Inc.
|
6,526,602
|
|||
|
|
|
48,971,780
|
|||
|
|
Total Common Stocks
|
2,116,848,727
|
|||
|
|
(Cost $1,958,377,807)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
2,041,945
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.94% (c)
|
2,041,945
|
|||
|
|
(Cost $2,041,945)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 0.9%
|
|||||
|
$18,923,551
|
Mizuho Financial Group, Inc.,
4.16% (c), dated 10/31/25, due
11/03/25, with a maturity
value of $18,930,111.
Collateralized by
U.S. Treasury Securities,
interest rates of 1.13% to
4.63%, due 06/15/26 to
02/15/35. The value of the
collateral including accrued
interest is $19,302,027. (d)
|
$18,923,551
|
|||
|
|
(Cost $18,923,551)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.9%
|
2,137,814,223
|
|||
|
|
(Cost $1,979,343,303)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.9)%
|
(19,233,125
)
|
|||
|
|
Net Assets — 100.0%
|
$2,118,581,098
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $18,425,235 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $18,923,551.
|
|
(c)
|
Rate shown reflects yield as of October 31, 2025.
|
|
(d)
|
This security serves as collateral for securities on loan.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
REITs
|
– Real Estate Investment Trusts
|
|
|
Total
Value at
10/31/2025
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$2,116,848,727
|
$2,116,848,727
|
$—
|
$—
|
|
Money Market
Funds
|
2,041,945
|
2,041,945
|
—
|
—
|
|
Repurchase
Agreements
|
18,923,551
|
—
|
18,923,551
|
—
|
|
Total Investments
|
$2,137,814,223
|
$2,118,890,672
|
$18,923,551
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 100.0%
|
|||||
|
|
Biotechnology — 28.0%
|
|
|||
|
34,419
|
AbbVie, Inc.
|
$7,504,719
|
|||
|
34,954
|
Alnylam Pharmaceuticals,
Inc. (a)
|
15,940,422
|
|||
|
13,237
|
Amgen, Inc.
|
3,950,318
|
|||
|
352,160
|
Apellis Pharmaceuticals, Inc. (a)
|
7,560,875
|
|||
|
142,229
|
Biogen, Inc. (a)
|
21,941,668
|
|||
|
367,862
|
BioMarin Pharmaceutical,
Inc. (a)
|
19,706,367
|
|||
|
68,281
|
Exact Sciences Corp. (a)
|
4,417,098
|
|||
|
289,444
|
Exelixis, Inc. (a)
|
11,192,799
|
|||
|
71,796
|
Gilead Sciences, Inc.
|
8,600,443
|
|||
|
217,327
|
Halozyme Therapeutics, Inc. (a)
|
14,167,547
|
|||
|
234,919
|
Incyte Corp. (a)
|
21,960,228
|
|||
|
138,347
|
Insmed, Inc. (a)
|
26,230,591
|
|||
|
304,546
|
Ionis Pharmaceuticals, Inc. (a)
|
22,627,768
|
|||
|
23,207
|
Natera, Inc. (a)
|
4,616,569
|
|||
|
113,540
|
Neurocrine Biosciences, Inc. (a)
|
16,260,063
|
|||
|
35,434
|
Regeneron Pharmaceuticals, Inc.
|
23,095,881
|
|||
|
193,858
|
Sarepta Therapeutics, Inc. (a)
|
4,654,531
|
|||
|
47,526
|
United Therapeutics Corp. (a)
|
21,169,506
|
|||
|
|
|
255,597,393
|
|||
|
|
Health Care Equipment &
Supplies — 18.1%
|
|
|||
|
118,999
|
Abbott Laboratories
|
14,710,656
|
|||
|
95,464
|
Align Technology, Inc. (a)
|
13,162,576
|
|||
|
164,060
|
Baxter International, Inc.
|
3,030,188
|
|||
|
42,578
|
Becton Dickinson & Co.
|
7,609,114
|
|||
|
116,239
|
Cooper (The) Cos., Inc. (a)
|
8,126,269
|
|||
|
48,034
|
Edwards Lifesciences Corp. (a)
|
3,960,403
|
|||
|
183,390
|
Envista Holdings Corp. (a)
|
3,731,987
|
|||
|
159,175
|
GE HealthCare Technologies,
Inc.
|
11,930,166
|
|||
|
278,309
|
Globus Medical, Inc.,
Class A (a)
|
16,807,081
|
|||
|
118,082
|
Hologic, Inc. (a)
|
8,727,441
|
|||
|
18,711
|
IDEXX Laboratories, Inc. (a)
|
11,778,762
|
|||
|
25,814
|
Insulet Corp. (a)
|
8,080,040
|
|||
|
83,677
|
Medtronic PLC
|
7,589,504
|
|||
|
14,747
|
Penumbra, Inc. (a)
|
3,353,025
|
|||
|
29,114
|
ResMed, Inc.
|
7,187,664
|
|||
|
15,097
|
STERIS PLC
|
3,558,363
|
|||
|
130,261
|
Teleflex, Inc.
|
16,213,587
|
|||
|
161,814
|
Zimmer Biomet Holdings, Inc.
|
16,272,016
|
|||
|
|
|
165,828,842
|
|||
|
|
Health Care Providers &
Services — 22.3%
|
|
|||
|
804,662
|
Acadia Healthcare Co., Inc. (a)
|
17,300,233
|
|||
|
50,773
|
Cardinal Health, Inc.
|
9,685,965
|
|||
|
558,392
|
Centene Corp. (a)
|
19,750,325
|
|||
|
17,798
|
Chemed Corp.
|
7,676,277
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Health Care Providers &
Services (Continued)
|
|
|||
|
55,295
|
Cigna Group (The)
|
$13,514,651
|
|||
|
49,327
|
Elevance Health, Inc.
|
15,646,524
|
|||
|
29,410
|
Encompass Health Corp.
|
3,348,329
|
|||
|
37,397
|
HCA Healthcare, Inc.
|
17,190,653
|
|||
|
180,112
|
Henry Schein, Inc. (a)
|
11,383,078
|
|||
|
45,947
|
Humana, Inc.
|
12,781,996
|
|||
|
13,014
|
Labcorp Holdings, Inc.
|
3,305,035
|
|||
|
104,115
|
Molina Healthcare, Inc. (a)
|
15,935,842
|
|||
|
62,725
|
Quest Diagnostics, Inc.
|
11,036,464
|
|||
|
58,875
|
Tenet Healthcare Corp. (a)
|
12,157,099
|
|||
|
34,619
|
UnitedHealth Group, Inc.
|
11,824,466
|
|||
|
97,454
|
Universal Health Services, Inc.,
Class B
|
21,148,493
|
|||
|
|
|
203,685,430
|
|||
|
|
Health Care Technology —
2.8%
|
|
|||
|
217,891
|
Doximity, Inc., Class A (a)
|
14,380,806
|
|||
|
40,126
|
Veeva Systems, Inc., Class A (a)
|
11,684,691
|
|||
|
|
|
26,065,497
|
|||
|
|
Life Sciences Tools & Services
— 15.4%
|
|
|||
|
29,106
|
Agilent Technologies, Inc.
|
4,259,954
|
|||
|
1,596,429
|
Avantor, Inc. (a)
|
18,869,791
|
|||
|
42,634
|
Bio-Rad Laboratories, Inc.,
Class A (a)
|
13,623,695
|
|||
|
167,829
|
Illumina, Inc. (a)
|
20,733,595
|
|||
|
19,668
|
IQVIA Holdings, Inc. (a)
|
4,257,335
|
|||
|
38,750
|
Medpace Holdings, Inc. (a)
|
22,665,262
|
|||
|
178,365
|
QIAGEN N.V.
|
8,356,400
|
|||
|
90,923
|
Revvity, Inc.
|
8,509,484
|
|||
|
506,635
|
Sotera Health Co. (a)
|
8,410,141
|
|||
|
246,852
|
Tempus AI, Inc. (a) (b)
|
22,179,652
|
|||
|
7,702
|
Thermo Fisher Scientific, Inc.
|
4,370,038
|
|||
|
12,460
|
Waters Corp. (a)
|
4,356,016
|
|||
|
|
|
140,591,363
|
|||
|
|
Pharmaceuticals — 13.4%
|
|
|||
|
265,057
|
Bristol-Myers Squibb Co.
|
12,211,176
|
|||
|
95,889
|
Corcept Therapeutics, Inc. (a)
|
7,044,965
|
|||
|
791,397
|
Elanco Animal Health, Inc. (a)
|
17,529,443
|
|||
|
64,470
|
Johnson & Johnson
|
12,176,449
|
|||
|
189,905
|
Merck & Co., Inc.
|
16,328,032
|
|||
|
1,492,392
|
Organon & Co.
|
10,073,646
|
|||
|
536,778
|
Perrigo Co. PLC
|
11,132,776
|
|||
|
781,924
|
Pfizer, Inc.
|
19,274,427
|
|||
|
338,834
|
Royalty Pharma PLC, Class A
|
12,719,828
|
|||
|
25,530
|
Zoetis, Inc.
|
3,678,618
|
|||
|
|
|
122,169,360
|
|||
|
|
Total Common Stocks
|
913,937,885
|
|||
|
|
(Cost $854,098,430)
|
|
|||
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
531,819
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.94% (c)
|
$531,819
|
|||
|
|
(Cost $531,819)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 2.1%
|
|||||
|
$19,567,673
|
Mizuho Financial Group, Inc.,
4.16% (c), dated 10/31/25, due
11/03/25, with a maturity
value of $19,574,456.
Collateralized by
U.S. Treasury Securities,
interest rates of 1.13% to
4.63%, due 06/15/26 to
02/15/35. The value of the
collateral including accrued
interest is $19,959,031. (d)
|
19,567,673
|
|||
|
|
(Cost $19,567,673)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 102.2%
|
934,037,377
|
|||
|
|
(Cost $874,197,922)
|
|
|||
|
|
Net Other Assets and
Liabilities — (2.2)%
|
(19,928,423
)
|
|||
|
|
Net Assets — 100.0%
|
$914,108,954
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $19,961,615 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $19,567,673. On
October 31, 2025, the last business day of the period, there
was sufficient collateral based on the end of day market
value from the prior business day; however, as a result of
market movement from October 30 to October 31, the value
of the related securities loaned was above the collateral value
received.
|
|
(c)
|
Rate shown reflects yield as of October 31, 2025.
|
|
(d)
|
This security serves as collateral for securities on loan.
|
|
|
Total
Value at
10/31/2025
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$913,937,885
|
$913,937,885
|
$—
|
$—
|
|
Money Market Funds
|
531,819
|
531,819
|
—
|
—
|
|
Repurchase
Agreements
|
19,567,673
|
—
|
19,567,673
|
—
|
|
Total Investments
|
$934,037,377
|
$914,469,704
|
$19,567,673
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.9%
|
|||||
|
|
Aerospace & Defense — 11.3%
|
|
|||
|
51,089
|
ATI, Inc. (a)
|
$5,056,278
|
|||
|
17,374
|
Axon Enterprise, Inc. (a)
|
12,721,764
|
|||
|
57,765
|
Boeing (The) Co. (a)
|
11,611,920
|
|||
|
116,717
|
BWX Technologies, Inc.
|
24,931,919
|
|||
|
25,246
|
General Dynamics Corp.
|
8,707,346
|
|||
|
71,538
|
General Electric Co.
|
22,101,665
|
|||
|
26,668
|
HEICO Corp.
|
8,474,290
|
|||
|
87,733
|
Howmet Aerospace, Inc.
|
18,068,611
|
|||
|
43,303
|
Huntington Ingalls Industries,
Inc.
|
13,944,432
|
|||
|
13,609
|
L3Harris Technologies, Inc.
|
3,934,362
|
|||
|
379,204
|
Leonardo DRS, Inc.
|
13,863,698
|
|||
|
51,944
|
Loar Holdings, Inc. (a)
|
4,110,329
|
|||
|
8,324
|
Lockheed Martin Corp.
|
4,094,409
|
|||
|
14,130
|
Northrop Grumman Corp.
|
8,244,149
|
|||
|
449,170
|
Rocket Lab Corp. (a)
|
28,288,727
|
|||
|
203,762
|
Textron, Inc.
|
16,466,007
|
|||
|
|
|
204,619,906
|
|||
|
|
Air Freight & Logistics —
3.6%
|
|
|||
|
101,695
|
Expeditors International of
Washington, Inc.
|
12,396,620
|
|||
|
91,256
|
FedEx Corp.
|
23,162,598
|
|||
|
78,572
|
GXO Logistics, Inc. (a)
|
4,416,532
|
|||
|
257,630
|
United Parcel Service, Inc.,
Class B
|
24,840,685
|
|||
|
|
|
64,816,435
|
|||
|
|
Building Products — 9.2%
|
|
|||
|
169,821
|
A.O. Smith Corp.
|
11,206,488
|
|||
|
92,119
|
AAON, Inc.
|
9,063,588
|
|||
|
89,880
|
Advanced Drainage Systems,
Inc.
|
12,587,694
|
|||
|
23,433
|
Allegion PLC
|
3,884,488
|
|||
|
109,786
|
Armstrong World Industries, Inc.
|
20,906,548
|
|||
|
141,986
|
Builders FirstSource, Inc. (a)
|
16,494,514
|
|||
|
37,894
|
Carlisle Cos., Inc.
|
12,317,445
|
|||
|
322,453
|
Fortune Brands Innovations, Inc.
|
16,380,612
|
|||
|
569,305
|
Hayward Holdings, Inc. (a)
|
9,661,106
|
|||
|
59,037
|
Masco Corp.
|
3,823,236
|
|||
|
121,703
|
Owens Corning
|
15,494,009
|
|||
|
102,803
|
Simpson Manufacturing Co., Inc.
|
18,144,730
|
|||
|
20,399
|
Trane Technologies PLC
|
9,152,011
|
|||
|
166,594
|
Trex Co., Inc. (a)
|
8,049,822
|
|||
|
|
|
167,166,291
|
|||
|
|
Chemicals — 3.0%
|
|
|||
|
751,913
|
Axalta Coating Systems Ltd. (a)
|
21,406,963
|
|||
|
543,679
|
Dow, Inc.
|
12,966,744
|
|||
|
118,603
|
PPG Industries, Inc.
|
11,593,444
|
|||
|
73,025
|
RPM International, Inc.
|
7,980,172
|
|||
|
|
|
53,947,323
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Commercial Services &
Supplies — 0.6%
|
|
|||
|
50,024
|
MSA Safety, Inc.
|
$7,855,268
|
|||
|
38,979
|
Veralto Corp.
|
3,846,448
|
|||
|
|
|
11,701,716
|
|||
|
|
Construction & Engineering
— 5.5%
|
|
|||
|
26,080
|
Comfort Systems USA, Inc.
|
25,182,326
|
|||
|
33,133
|
EMCOR Group, Inc.
|
22,390,619
|
|||
|
101,121
|
MasTec, Inc. (a)
|
20,644,863
|
|||
|
51,927
|
Quanta Services, Inc.
|
23,321,974
|
|||
|
407,762
|
WillScot Holdings Corp.
|
8,868,823
|
|||
|
|
|
100,408,605
|
|||
|
|
Construction Materials —
1.8%
|
|
|||
|
73,876
|
Eagle Materials, Inc.
|
15,685,352
|
|||
|
648,961
|
James Hardie Industries PLC (a)
|
13,582,754
|
|||
|
6,594
|
Martin Marietta Materials, Inc.
|
4,042,781
|
|||
|
|
|
33,310,887
|
|||
|
|
Consumer Finance — 2.0%
|
|
|||
|
51,827
|
American Express Co.
|
18,695,554
|
|||
|
242,307
|
Synchrony Financial
|
18,022,794
|
|||
|
|
|
36,718,348
|
|||
|
|
Containers & Packaging —
6.4%
|
|
|||
|
1,052,309
|
Amcor PLC
|
8,313,241
|
|||
|
128,800
|
AptarGroup, Inc.
|
14,942,088
|
|||
|
247,254
|
Ball Corp.
|
11,620,938
|
|||
|
89,118
|
Crown Holdings, Inc.
|
8,660,487
|
|||
|
1,099,627
|
Graphic Packaging Holding Co.
|
17,583,036
|
|||
|
78,998
|
Packaging Corp. of America
|
15,464,648
|
|||
|
243,503
|
Sealed Air Corp.
|
8,159,785
|
|||
|
400,272
|
Silgan Holdings, Inc.
|
15,458,505
|
|||
|
399,531
|
Sonoco Products Co.
|
16,208,973
|
|||
|
|
|
116,411,701
|
|||
|
|
Diversified Consumer Services
— 1.2%
|
|
|||
|
2,470,690
|
ADT, Inc.
|
21,840,900
|
|||
|
|
Electrical Equipment — 5.0%
|
|
|||
|
24,993
|
Acuity, Inc.
|
9,123,695
|
|||
|
45,784
|
AMETEK, Inc.
|
9,253,404
|
|||
|
31,680
|
Emerson Electric Co.
|
4,421,578
|
|||
|
35,000
|
GE Vernova, Inc.
|
20,479,900
|
|||
|
51,420
|
Generac Holdings, Inc. (a)
|
8,639,588
|
|||
|
9,656
|
Hubbell, Inc.
|
4,538,320
|
|||
|
86,914
|
Regal Rexnord Corp.
|
12,245,314
|
|||
|
24,628
|
Rockwell Automation, Inc.
|
9,071,970
|
|||
|
408,075
|
Sensata Technologies
Holding PLC
|
12,989,027
|
|||
|
|
|
90,762,796
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (Continued)
|
|||||
|
|
Electronic Equipment,
Instruments & Components
— 1.9%
|
|
|||
|
185,871
|
Crane NXT Co.
|
$11,756,341
|
|||
|
7,093
|
Teledyne Technologies, Inc. (a)
|
3,736,734
|
|||
|
410,193
|
Vontier Corp.
|
15,792,431
|
|||
|
13,985
|
Zebra Technologies Corp.,
Class A (a)
|
3,765,461
|
|||
|
|
|
35,050,967
|
|||
|
|
Financial Services — 8.7%
|
|
|||
|
294,465
|
Affirm Holdings, Inc. (a)
|
21,166,144
|
|||
|
297,767
|
Block, Inc. (a)
|
22,612,426
|
|||
|
245,073
|
Euronet Worldwide, Inc. (a)
|
18,591,238
|
|||
|
96,696
|
Fiserv, Inc. (a)
|
6,448,656
|
|||
|
259,026
|
Global Payments, Inc.
|
20,141,862
|
|||
|
115,598
|
Jack Henry & Associates, Inc.
|
17,217,166
|
|||
|
7,304
|
Mastercard, Inc., Class A
|
4,031,735
|
|||
|
256,724
|
PayPal Holdings, Inc. (a)
|
17,783,271
|
|||
|
2,693,329
|
Western Union (The) Co.
|
25,128,760
|
|||
|
26,378
|
WEX, Inc. (a)
|
3,848,023
|
|||
|
|
|
156,969,281
|
|||
|
|
Ground Transportation —
8.8%
|
|
|||
|
242,410
|
CSX Corp.
|
8,731,608
|
|||
|
128,310
|
J.B. Hunt Transport Services,
Inc.
|
21,666,426
|
|||
|
544,664
|
Knight-Swift Transportation
Holdings, Inc.
|
24,575,240
|
|||
|
70,236
|
Landstar System, Inc.
|
9,020,409
|
|||
|
41,502
|
Norfolk Southern Corp.
|
11,760,837
|
|||
|
61,143
|
Old Dominion Freight Line, Inc.
|
8,585,700
|
|||
|
91,260
|
Ryder System, Inc.
|
15,443,930
|
|||
|
57,508
|
Saia, Inc. (a)
|
16,821,090
|
|||
|
1,016,999
|
Schneider National, Inc., Class B
|
21,733,269
|
|||
|
36,421
|
Union Pacific Corp.
|
8,026,096
|
|||
|
96,437
|
XPO, Inc. (a)
|
13,874,391
|
|||
|
|
|
160,238,996
|
|||
|
|
Household Durables — 1.8%
|
|
|||
|
166,921
|
Mohawk Industries, Inc. (a)
|
18,968,903
|
|||
|
31,894
|
TopBuild Corp. (a)
|
13,474,577
|
|||
|
|
|
32,443,480
|
|||
|
|
Industrial Conglomerates —
0.3%
|
|
|||
|
26,777
|
3M Co.
|
4,458,370
|
|||
|
|
IT Services — 0.7%
|
|
|||
|
50,553
|
Accenture PLC, Class A
|
12,643,305
|
|||
|
|
Leisure Products — 0.2%
|
|
|||
|
65,708
|
Brunswick Corp.
|
4,343,956
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Machinery — 15.3%
|
|
|||
|
253,534
|
Allison Transmission Holdings,
Inc.
|
$20,929,232
|
|||
|
26,129
|
Caterpillar, Inc.
|
15,083,227
|
|||
|
1,148,997
|
CNH Industrial N.V.
|
12,052,979
|
|||
|
29,513
|
Cummins, Inc.
|
12,917,250
|
|||
|
105,164
|
Donaldson Co., Inc.
|
8,860,067
|
|||
|
103,196
|
Dover Corp.
|
18,725,946
|
|||
|
77,035
|
Esab Corp.
|
8,999,229
|
|||
|
78,196
|
Flowserve Corp.
|
5,336,877
|
|||
|
351,416
|
Fortive Corp.
|
17,690,281
|
|||
|
346,816
|
Gates Industrial Corp. PLC (a)
|
7,657,697
|
|||
|
101,320
|
Graco, Inc.
|
8,284,936
|
|||
|
76,595
|
IDEX Corp.
|
13,132,979
|
|||
|
15,938
|
Illinois Tool Works, Inc.
|
3,887,597
|
|||
|
23,247
|
ITT, Inc.
|
4,302,322
|
|||
|
17,621
|
Lincoln Electric Holdings, Inc.
|
4,131,243
|
|||
|
129,511
|
Middleby (The) Corp. (a)
|
16,089,151
|
|||
|
18,314
|
Nordson Corp.
|
4,247,932
|
|||
|
165,916
|
Oshkosh Corp.
|
20,455,784
|
|||
|
175,102
|
PACCAR, Inc.
|
17,230,037
|
|||
|
5,480
|
Parker-Hannifin Corp.
|
4,235,108
|
|||
|
37,517
|
Pentair PLC
|
3,989,933
|
|||
|
49,681
|
Snap-on, Inc.
|
16,670,460
|
|||
|
231,614
|
Stanley Black & Decker, Inc.
|
15,684,900
|
|||
|
112,968
|
Toro (The) Co.
|
8,442,099
|
|||
|
20,727
|
Westinghouse Air Brake
Technologies Corp.
|
4,237,428
|
|||
|
28,171
|
Xylem, Inc.
|
4,249,595
|
|||
|
|
|
277,524,289
|
|||
|
|
Marine Transportation —
1.5%
|
|
|||
|
257,874
|
Kirby Corp. (a)
|
26,684,802
|
|||
|
|
Paper & Forest Products —
0.9%
|
|
|||
|
193,781
|
Louisiana-Pacific Corp.
|
16,880,263
|
|||
|
|
Professional Services — 3.2%
|
|
|||
|
520,525
|
Amentum Holdings, Inc. (a)
|
11,664,965
|
|||
|
94,383
|
ExlService Holdings, Inc. (a)
|
3,690,376
|
|||
|
77,123
|
FTI Consulting, Inc. (a)
|
12,726,066
|
|||
|
513,721
|
Genpact Ltd.
|
19,598,456
|
|||
|
366,878
|
Robert Half, Inc.
|
9,608,535
|
|||
|
|
|
57,288,398
|
|||
|
|
Semiconductors &
Semiconductor Equipment
— 0.3%
|
|
|||
|
33,577
|
MKS, Inc.
|
4,825,351
|
|||
|
|
Trading Companies &
Distributors — 6.7%
|
|
|||
|
338,092
|
Air Lease Corp.
|
21,590,555
|
|||
|
32,975
|
Applied Industrial Technologies,
Inc.
|
8,477,543
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (Continued)
|
|||||
|
|
Trading Companies &
Distributors (Continued)
|
|
|||
|
231,593
|
Core & Main, Inc., Class A (a)
|
$12,084,523
|
|||
|
76,659
|
Ferguson Enterprises, Inc.
|
19,049,761
|
|||
|
128,968
|
FTAI Aviation Ltd.
|
22,298,567
|
|||
|
93,424
|
MSC Industrial Direct Co., Inc.,
Class A
|
7,932,632
|
|||
|
13,060
|
United Rentals, Inc.
|
11,377,611
|
|||
|
4,364
|
W.W. Grainger, Inc.
|
4,272,356
|
|||
|
58,944
|
WESCO International, Inc.
|
15,297,736
|
|||
|
|
|
122,381,284
|
|||
|
|
Total Common Stocks
|
1,813,437,650
|
|||
|
|
(Cost $1,654,742,593)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
2,277,265
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.94% (b)
|
2,277,265
|
|||
|
|
(Cost $2,277,265)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 0.0%
|
|||||
|
$5,309
|
Daiwa Capital Markets America,
Inc., 4.14% (b), dated
10/31/25, due 11/03/25, with a
maturity value of $5,311.
Collateralized by
U.S. Treasury Securities,
interest rates of 0.00% to
4.38%, due 02/15/26 to
08/15/54. The value of the
collateral including accrued
interest is $5,415. (c)
|
5,309
|
|||
|
|
(Cost $5,309)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
1,815,720,224
|
|||
|
|
(Cost $1,657,025,167)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.0)%
|
(772,984
)
|
|||
|
|
Net Assets — 100.0%
|
$1,814,947,240
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
Rate shown reflects yield as of October 31, 2025.
|
|
(c)
|
This security serves as collateral for securities on loan.
|
|
|
Total
Value at
10/31/2025
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$1,813,437,650
|
$1,813,437,650
|
$—
|
$—
|
|
Money Market
Funds
|
2,277,265
|
2,277,265
|
—
|
—
|
|
Repurchase
Agreements
|
5,309
|
—
|
5,309
|
—
|
|
Total Investments
|
$1,815,720,224
|
$1,815,714,915
|
$5,309
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.9%
|
|||||
|
|
Aerospace & Defense — 4.3%
|
|
|||
|
21,691
|
Carpenter Technology Corp.
|
$6,852,187
|
|||
|
28,315
|
Hexcel Corp.
|
2,021,691
|
|||
|
|
|
8,873,878
|
|||
|
|
Chemicals — 41.3%
|
|
|||
|
14,879
|
Air Products and Chemicals, Inc.
|
3,609,497
|
|||
|
21,896
|
Albemarle Corp.
|
2,150,844
|
|||
|
37,055
|
Ashland, Inc.
|
1,811,989
|
|||
|
42,189
|
Celanese Corp.
|
1,621,745
|
|||
|
113,096
|
CF Industries Holdings, Inc.
|
9,419,766
|
|||
|
160,900
|
Eastman Chemical Co.
|
9,576,768
|
|||
|
14,817
|
Ecolab, Inc.
|
3,799,079
|
|||
|
211,601
|
Element Solutions, Inc.
|
5,653,979
|
|||
|
158,370
|
FMC Corp.
|
2,402,473
|
|||
|
197,698
|
Huntsman Corp.
|
1,636,939
|
|||
|
65,939
|
International Flavors &
Fragrances, Inc.
|
4,152,179
|
|||
|
8,543
|
Linde PLC
|
3,573,537
|
|||
|
108,605
|
LyondellBasell Industries N.V.,
Class A
|
5,041,444
|
|||
|
292,524
|
Mosaic (The) Co.
|
8,029,784
|
|||
|
9,799
|
NewMarket Corp.
|
7,524,652
|
|||
|
324,762
|
Olin Corp.
|
6,722,573
|
|||
|
31,173
|
Scotts Miracle-Gro (The) Co.
|
1,668,379
|
|||
|
105,318
|
Westlake Corp.
|
7,246,932
|
|||
|
|
|
85,642,559
|
|||
|
|
Containers & Packaging —
4.4%
|
|
|||
|
32,842
|
Avery Dennison Corp.
|
5,743,737
|
|||
|
87,455
|
International Paper Co.
|
3,379,261
|
|||
|
|
|
9,122,998
|
|||
|
|
Machinery — 11.3%
|
|
|||
|
80,267
|
Mueller Industries, Inc.
|
8,497,867
|
|||
|
10,397
|
RBC Bearings, Inc. (a)
|
4,455,426
|
|||
|
134,939
|
Timken (The) Co.
|
10,594,061
|
|||
|
|
|
23,547,354
|
|||
|
|
Metals & Mining — 36.5%
|
|
|||
|
308,445
|
Alcoa Corp.
|
11,347,691
|
|||
|
144,245
|
Anglogold Ashanti PLC
|
9,808,660
|
|||
|
145,519
|
Cleveland-Cliffs, Inc. (a)
|
1,808,801
|
|||
|
135,798
|
Freeport-McMoRan, Inc.
|
5,662,777
|
|||
|
26,470
|
MP Materials Corp. (a)
|
1,669,992
|
|||
|
120,327
|
Newmont Corp.
|
9,742,877
|
|||
|
59,926
|
Nucor Corp.
|
8,991,896
|
|||
|
28,899
|
Reliance, Inc.
|
8,161,945
|
|||
|
26,553
|
Royal Gold, Inc.
|
4,641,199
|
|||
|
33,437
|
Southern Copper Corp.
|
4,641,056
|
|||
|
58,207
|
Steel Dynamics, Inc.
|
9,126,858
|
|||
|
|
|
75,603,752
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Trading Companies &
Distributors — 2.1%
|
|
|||
|
108,605
|
Fastenal Co.
|
$4,469,096
|
|||
|
|
Total Common Stocks
|
207,259,637
|
|||
|
|
(Cost $220,439,504)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
183,622
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.94% (b)
|
183,622
|
|||
|
|
(Cost $183,622)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 0.0%
|
|||||
|
$2,417
|
Daiwa Capital Markets America,
Inc., 4.14% (b), dated
10/31/25, due 11/03/25, with a
maturity value of $2,418.
Collateralized by
U.S. Treasury Securities,
interest rates of 0.00% to
4.38%, due 02/15/26 to
08/15/54. The value of the
collateral including accrued
interest is $2,465. (c)
|
2,417
|
|||
|
|
(Cost $2,417)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
207,445,676
|
|||
|
|
(Cost $220,625,543)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.0)%
|
(97,144
)
|
|||
|
|
Net Assets — 100.0%
|
$207,348,532
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
Rate shown reflects yield as of October 31, 2025.
|
|
(c)
|
This security serves as collateral for securities on loan.
|
|
|
Total
Value at
10/31/2025
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$207,259,637
|
$207,259,637
|
$—
|
$—
|
|
Money Market Funds
|
183,622
|
183,622
|
—
|
—
|
|
Repurchase Agreements
|
2,417
|
—
|
2,417
|
—
|
|
Total Investments
|
$207,445,676
|
$207,443,259
|
$2,417
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 100.0%
|
|||||
|
|
Communications Equipment
— 0.3%
|
|
|||
|
14,664
|
F5, Inc. (a)
|
$3,710,725
|
|||
|
|
Consumer Staples Distribution
& Retail — 1.0%
|
|
|||
|
386,795
|
Maplebear, Inc. (a)
|
14,257,264
|
|||
|
|
Electrical Equipment — 2.1%
|
|
|||
|
165,351
|
Vertiv Holdings Co., Class A
|
31,889,594
|
|||
|
|
Electronic Equipment,
Instruments & Components
— 6.8%
|
|
|||
|
201,575
|
Amphenol Corp., Class A
|
28,087,460
|
|||
|
156,678
|
Arrow Electronics, Inc. (a)
|
17,477,431
|
|||
|
271,970
|
Avnet, Inc.
|
13,176,946
|
|||
|
29,756
|
CDW Corp.
|
4,742,214
|
|||
|
81,759
|
Flex Ltd. (a)
|
5,111,573
|
|||
|
87,297
|
Jabil, Inc.
|
19,283,034
|
|||
|
86,832
|
TD SYNNEX Corp.
|
13,588,340
|
|||
|
|
|
101,466,998
|
|||
|
|
Financial Services — 0.6%
|
|
|||
|
259,629
|
Toast, Inc., Class A (a)
|
9,382,992
|
|||
|
|
Hotels, Restaurants & Leisure
— 1.2%
|
|
|||
|
69,702
|
DoorDash, Inc., Class A (a)
|
17,730,098
|
|||
|
|
Interactive Media & Services
— 6.7%
|
|
|||
|
102,611
|
Alphabet, Inc., Class A
|
28,853,187
|
|||
|
134,187
|
Match Group, Inc.
|
4,339,607
|
|||
|
19,362
|
Meta Platforms, Inc., Class A
|
12,553,353
|
|||
|
775,408
|
Pinterest, Inc., Class A (a)
|
25,666,005
|
|||
|
108,461
|
Reddit, Inc., Class A (a)
|
22,662,926
|
|||
|
434,420
|
ZoomInfo Technologies, Inc. (a)
|
4,874,192
|
|||
|
|
|
98,949,270
|
|||
|
|
IT Services — 14.6%
|
|
|||
|
187,679
|
Akamai Technologies, Inc. (a)
|
14,094,693
|
|||
|
231,056
|
Amdocs Ltd.
|
19,468,778
|
|||
|
88,346
|
Cloudflare, Inc., Class A (a)
|
22,378,042
|
|||
|
371,923
|
Cognizant Technology Solutions
Corp., Class A
|
27,105,748
|
|||
|
1,830,143
|
DXC Technology Co. (a)
|
25,988,031
|
|||
|
125,726
|
EPAM Systems, Inc. (a)
|
20,561,230
|
|||
|
434,731
|
Globant S.A. (a)
|
26,770,735
|
|||
|
315,652
|
Kyndryl Holdings, Inc. (a)
|
9,128,656
|
|||
|
61,081
|
MongoDB, Inc. (a)
|
21,978,165
|
|||
|
84,053
|
Snowflake, Inc. (a)
|
23,104,489
|
|||
|
47,353
|
Twilio, Inc., Class A (a)
|
6,386,973
|
|||
|
|
|
216,965,540
|
|||
|
|
Media — 0.6%
|
|
|||
|
791,240
|
DoubleVerify Holdings, Inc. (a)
|
9,004,311
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Professional Services — 7.3%
|
|
|||
|
19,005
|
CACI International, Inc.,
Class A (a)
|
$10,685,561
|
|||
|
4,949,894
|
Clarivate PLC (a)
|
16,829,640
|
|||
|
540,518
|
Concentrix Corp.
|
21,788,281
|
|||
|
300,668
|
KBR, Inc.
|
12,880,617
|
|||
|
75,246
|
Leidos Holdings, Inc.
|
14,332,106
|
|||
|
22,770
|
Paycom Software, Inc.
|
4,260,039
|
|||
|
190,783
|
Science Applications
International Corp.
|
17,878,275
|
|||
|
106,793
|
SS&C Technologies Holdings,
Inc.
|
9,068,861
|
|||
|
|
|
107,723,380
|
|||
|
|
Semiconductors &
Semiconductor Equipment
— 24.8%
|
|
|||
|
87,882
|
Advanced Micro Devices,
Inc. (a)
|
22,508,338
|
|||
|
878,340
|
Amkor Technology, Inc.
|
28,352,815
|
|||
|
69,446
|
Applied Materials, Inc.
|
16,187,863
|
|||
|
127,401
|
Astera Labs, Inc. (a)
|
23,783,219
|
|||
|
75,611
|
Broadcom, Inc.
|
27,948,094
|
|||
|
151,313
|
Cirrus Logic, Inc. (a)
|
20,071,669
|
|||
|
132,241
|
GLOBALFOUNDRIES, Inc. (a)
|
4,707,780
|
|||
|
23,126
|
KLA Corp.
|
27,953,321
|
|||
|
186,294
|
Lam Research Corp.
|
29,333,853
|
|||
|
129,282
|
Lattice Semiconductor Corp. (a)
|
9,432,415
|
|||
|
38,072
|
MACOM Technology Solutions
Holdings, Inc. (a)
|
5,639,605
|
|||
|
225,503
|
Marvell Technology, Inc.
|
21,138,651
|
|||
|
84,977
|
Micron Technology, Inc.
|
19,015,303
|
|||
|
20,592
|
Monolithic Power Systems, Inc.
|
20,694,960
|
|||
|
133,694
|
NVIDIA Corp.
|
27,071,698
|
|||
|
96,118
|
ON Semiconductor Corp. (a)
|
4,813,589
|
|||
|
73,356
|
Onto Innovation, Inc. (a)
|
9,900,126
|
|||
|
85,469
|
QUALCOMM, Inc.
|
15,461,342
|
|||
|
184,705
|
Skyworks Solutions, Inc.
|
14,355,273
|
|||
|
34,434
|
Teradyne, Inc.
|
6,258,724
|
|||
|
25,795
|
Texas Instruments, Inc.
|
4,164,861
|
|||
|
65,997
|
Universal Display Corp.
|
9,720,038
|
|||
|
|
|
368,513,537
|
|||
|
|
Software — 25.5%
|
|
|||
|
68,773
|
Appfolio, Inc., Class A (a)
|
17,497,914
|
|||
|
34,717
|
AppLovin Corp., Class A (a)
|
22,126,186
|
|||
|
29,840
|
Autodesk, Inc. (a)
|
8,991,986
|
|||
|
92,066
|
Bentley Systems, Inc., Class B
|
4,679,715
|
|||
|
53,972
|
Cadence Design Systems,
Inc. (a)
|
18,279,777
|
|||
|
28,996
|
Crowdstrike Holdings, Inc.,
Class A (a)
|
15,745,118
|
|||
|
99,850
|
Datadog, Inc., Class A (a)
|
16,256,578
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (Continued)
|
|||||
|
|
Software (Continued)
|
|
|||
|
130,980
|
Dolby Laboratories, Inc.,
Class A
|
$8,686,594
|
|||
|
313,771
|
Dropbox, Inc., Class A (a)
|
9,099,359
|
|||
|
56,095
|
Elastic N.V. (a)
|
5,004,796
|
|||
|
166,944
|
Gen Digital, Inc.
|
4,400,644
|
|||
|
41,238
|
Guidewire Software, Inc. (a)
|
9,634,846
|
|||
|
6,940
|
Intuit, Inc.
|
4,632,797
|
|||
|
27,452
|
Microsoft Corp.
|
14,214,920
|
|||
|
127,423
|
Nutanix, Inc., Class A (a)
|
9,077,614
|
|||
|
67,408
|
Oracle Corp.
|
17,702,015
|
|||
|
136,743
|
Palantir Technologies, Inc.,
Class A (a)
|
27,412,869
|
|||
|
46,553
|
Palo Alto Networks, Inc. (a)
|
10,252,833
|
|||
|
329,705
|
Pegasystems, Inc.
|
20,985,723
|
|||
|
129,992
|
Procore Technologies, Inc. (a)
|
9,596,009
|
|||
|
70,036
|
PTC, Inc. (a)
|
13,904,947
|
|||
|
334,476
|
RingCentral, Inc., Class A (a)
|
10,074,417
|
|||
|
9,504
|
Roper Technologies, Inc.
|
4,240,210
|
|||
|
172,871
|
Rubrik, Inc., Class A (a)
|
13,012,000
|
|||
|
19,999
|
Salesforce, Inc.
|
5,207,940
|
|||
|
5,151
|
ServiceNow, Inc. (a)
|
4,735,211
|
|||
|
58,837
|
Strategy, Inc. (a)
|
15,857,160
|
|||
|
440,681
|
Teradata Corp. (a)
|
9,188,199
|
|||
|
355,109
|
Unity Software, Inc. (a)
|
13,458,631
|
|||
|
19,689
|
Workday, Inc., Class A (a)
|
4,723,785
|
|||
|
172,347
|
Zoom Communications, Inc. (a)
|
15,033,829
|
|||
|
47,448
|
Zscaler, Inc. (a)
|
15,711,931
|
|||
|
|
|
379,426,553
|
|||
|
|
Technology Hardware, Storage
& Peripherals — 8.5%
|
|
|||
|
37,227
|
Apple, Inc.
|
10,065,064
|
|||
|
175,952
|
Dell Technologies, Inc., Class C
|
28,505,983
|
|||
|
771,909
|
Hewlett Packard Enterprise Co.
|
18,850,018
|
|||
|
348,110
|
HP, Inc.
|
9,632,204
|
|||
|
80,019
|
NetApp, Inc.
|
9,424,638
|
|||
|
297,636
|
Pure Storage, Inc., Class A (a)
|
29,376,673
|
|||
|
395,454
|
Super Micro Computer, Inc. (a)
|
20,547,790
|
|||
|
|
|
126,402,370
|
|||
|
|
Total Common Stocks
|
1,485,422,632
|
|||
|
|
(Cost $1,173,025,011)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
1,240,681
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.94% (b)
|
1,240,681
|
|||
|
|
(Cost $1,240,681)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 0.0%
|
|||||
|
$9,368
|
Daiwa Capital Markets America,
Inc., 4.14% (b), dated
10/31/25, due 11/03/25, with a
maturity value of $9,371.
Collateralized by
U.S. Treasury Securities,
interest rates of 0.00% to
4.38%, due 02/15/26 to
08/15/54. The value of the
collateral including accrued
interest is $9,555. (c)
|
$9,368
|
|||
|
|
(Cost $9,368)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.1%
|
1,486,672,681
|
|||
|
|
(Cost $1,174,275,060)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.1)%
|
(800,540
)
|
|||
|
|
Net Assets — 100.0%
|
$1,485,872,141
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
Rate shown reflects yield as of October 31, 2025.
|
|
(c)
|
This security serves as collateral for securities on loan.
|
|
|
Total
Value at
10/31/2025
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$1,485,422,632
|
$1,485,422,632
|
$—
|
$—
|
|
Money Market
Funds
|
1,240,681
|
1,240,681
|
—
|
—
|
|
Repurchase
Agreements
|
9,368
|
—
|
9,368
|
—
|
|
Total Investments
|
$1,486,672,681
|
$1,486,663,313
|
$9,368
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.8%
|
|||||
|
|
Commercial Services &
Supplies — 2.3%
|
|
|||
|
61,992
|
Clean Harbors, Inc. (a)
|
$13,049,936
|
|||
|
62,733
|
Republic Services, Inc.
|
13,063,520
|
|||
|
65,188
|
Waste Management, Inc.
|
13,022,607
|
|||
|
|
|
39,136,063
|
|||
|
|
Electric Utilities — 50.4%
|
|
|||
|
640,656
|
Alliant Energy Corp.
|
42,808,634
|
|||
|
511,842
|
American Electric Power Co.,
Inc.
|
61,554,119
|
|||
|
465,311
|
Duke Energy Corp.
|
57,838,157
|
|||
|
1,302,057
|
Edison International
|
72,107,917
|
|||
|
308,951
|
Entergy Corp.
|
29,687,102
|
|||
|
757,462
|
Evergy, Inc.
|
58,180,656
|
|||
|
404,710
|
Eversource Energy
|
29,871,645
|
|||
|
1,599,150
|
Exelon Corp.
|
73,752,798
|
|||
|
942,529
|
FirstEnergy Corp.
|
43,196,104
|
|||
|
217,868
|
IDACORP, Inc.
|
28,109,329
|
|||
|
190,694
|
NextEra Energy, Inc.
|
15,522,492
|
|||
|
444,444
|
NRG Energy, Inc.
|
76,382,146
|
|||
|
1,244,482
|
OGE Energy Corp.
|
54,931,435
|
|||
|
4,773,062
|
PG&E Corp.
|
76,178,069
|
|||
|
642,228
|
Pinnacle West Capital Corp.
|
56,850,023
|
|||
|
774,787
|
PPL Corp.
|
28,295,221
|
|||
|
151,899
|
Southern (The) Co.
|
14,284,582
|
|||
|
713,976
|
Xcel Energy, Inc.
|
57,953,432
|
|||
|
|
|
877,503,861
|
|||
|
|
Gas Utilities — 11.0%
|
|
|||
|
168,615
|
Atmos Energy Corp.
|
28,954,568
|
|||
|
4,041,425
|
MDU Resources Group, Inc.
|
77,514,531
|
|||
|
155,846
|
National Fuel Gas Co.
|
12,297,808
|
|||
|
2,164,094
|
UGI Corp.
|
72,345,662
|
|||
|
|
|
191,112,569
|
|||
|
|
Independent Power and
Renewable Electricity
Producers — 10.3%
|
|
|||
|
3,281,662
|
AES (The) Corp.
|
45,516,652
|
|||
|
2,038,308
|
Clearway Energy, Inc., Class C
|
65,083,174
|
|||
|
367,382
|
Vistra Corp.
|
69,178,031
|
|||
|
|
|
179,777,857
|
|||
|
|
Multi-Utilities — 21.8%
|
|
|||
|
413,743
|
Ameren Corp.
|
42,210,061
|
|||
|
742,038
|
CenterPoint Energy, Inc.
|
28,375,533
|
|||
|
393,000
|
CMS Energy Corp.
|
28,905,150
|
|||
|
716,053
|
Consolidated Edison, Inc.
|
69,750,723
|
|||
|
706,012
|
Dominion Energy, Inc.
|
41,435,844
|
|||
|
305,357
|
DTE Energy Co.
|
41,388,088
|
|||
|
997,383
|
NiSource, Inc.
|
41,999,798
|
|||
|
344,970
|
Public Service Enterprise Group,
Inc.
|
27,790,783
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Multi-Utilities (Continued)
|
|
|||
|
479,958
|
Sempra
|
$44,127,339
|
|||
|
125,626
|
WEC Energy Group, Inc.
|
14,036,193
|
|||
|
|
|
380,019,512
|
|||
|
|
Water Utilities — 4.0%
|
|
|||
|
103,423
|
American Water Works Co., Inc.
|
13,282,616
|
|||
|
1,443,163
|
Essential Utilities, Inc.
|
56,326,652
|
|||
|
|
|
69,609,268
|
|||
|
|
Total Common Stocks
|
1,737,159,130
|
|||
|
|
(Cost $1,626,019,545)
|
|
|||
|
MONEY MARKET FUNDS — 0.2%
|
|||||
|
3,871,635
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.94% (b)
|
3,871,635
|
|||
|
|
(Cost $3,871,635)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
1,741,030,765
|
|||
|
|
(Cost $1,629,891,180)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.0)%
|
(9,541
)
|
|||
|
|
Net Assets — 100.0%
|
$1,741,021,224
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
Rate shown reflects yield as of October 31, 2025.
|
|
|
Total
Value at
10/31/2025
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$1,737,159,130
|
$1,737,159,130
|
$—
|
$—
|
|
Money Market
Funds
|
3,871,635
|
3,871,635
|
—
|
—
|
|
Total Investments
|
$1,741,030,765
|
$1,741,030,765
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|