Shares or Principal Amount | Value | ||||
COMMON STOCKS – 100.1% | |||||
Communication services – 18.4% | |||||
Entertainment – 8.2% | |||||
Netflix, Inc. (A) | 43,450 | $ | 52,454,144 | ||
Spotify Technology SA (A) | 17,413 | 11,582,083 | |||
The Walt Disney Company | 133,864 | 15,131,987 | |||
79,168,214 | |||||
Interactive media and services – 9.3% | |||||
Alphabet, Inc., Class A | 106,859 | 18,351,965 | |||
Alphabet, Inc., Class C | 107,312 | 18,548,879 | |||
Meta Platforms, Inc., Class A | 82,761 | 53,586,920 | |||
90,487,764 | |||||
Media – 0.9% | |||||
The Trade Desk, Inc., Class A (A) | 111,107 | 8,357,469 | |||
178,013,447 | |||||
Consumer discretionary – 17.2% | |||||
Automobiles – 2.4% | |||||
Tesla, Inc. (A) | 66,197 | 22,934,613 | |||
Broadline retail – 8.7% | |||||
Amazon.com, Inc. (A) | 351,023 | 71,963,225 | |||
MercadoLibre, Inc. (A) | 4,675 | 11,983,381 | |||
83,946,606 | |||||
Hotels, restaurants and leisure – 2.3% | |||||
Airbnb, Inc., Class A (A) | 36,976 | 4,769,904 | |||
Cava Group, Inc. (A) | 29,861 | 2,426,803 | |||
Hilton Worldwide Holdings, Inc. | 46,165 | 11,469,233 | |||
Starbucks Corp. | 42,584 | 3,574,927 | |||
22,240,867 | |||||
Specialty retail – 2.5% | |||||
Industria de Diseno Textil SA | 99,239 | 5,376,301 | |||
O'Reilly Automotive, Inc. (A) | 7,960 | 10,885,300 | |||
The TJX Companies, Inc. | 65,957 | 8,369,943 | |||
24,631,544 | |||||
Textiles, apparel and luxury goods – 1.3% | |||||
adidas AG | 31,849 | 7,943,562 | |||
NIKE, Inc., Class B | 79,395 | 4,810,543 | |||
12,754,105 | |||||
166,507,735 | |||||
Consumer staples – 4.3% | |||||
Consumer staples distribution and retail – 4.3% | |||||
Costco Wholesale Corp. | 20,956 | 21,798,012 | |||
Walmart, Inc. | 197,771 | 19,523,953 | |||
41,321,965 | |||||
Financials – 8.1% | |||||
Capital markets – 1.9% | |||||
KKR & Company, Inc. | 24,445 | 2,969,090 | |||
LPL Financial Holdings, Inc. | 12,600 | 4,878,216 | |||
Moody's Corp. | 12,761 | 6,116,603 | |||
The Goldman Sachs Group, Inc. | 8,332 | 5,002,949 | |||
18,966,858 | |||||
Financial services – 5.2% | |||||
Mastercard, Inc., Class A | 51,282 | 30,030,739 | |||
Visa, Inc., Class A | 56,085 | 20,481,681 | |||
50,512,420 | |||||
Insurance – 1.0% | |||||
The Progressive Corp. | 32,963 | 9,392,148 | |||
78,871,426 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Health care – 9.3% | |||||
Biotechnology – 2.2% | |||||
Vertex Pharmaceuticals, Inc. (A) | 47,881 | $ | 21,165,796 | ||
Health care equipment and supplies – 2.7% | |||||
DexCom, Inc. (A) | 95,287 | 8,175,625 | |||
Edwards Lifesciences Corp. (A) | 95,619 | 7,479,318 | |||
Intuitive Surgical, Inc. (A) | 20,337 | 11,232,939 | |||
26,887,882 | |||||
Pharmaceuticals – 4.4% | |||||
AstraZeneca PLC, ADR | 67,403 | 4,908,960 | |||
Eli Lilly & Company | 36,177 | 26,686,688 | |||
Novo Nordisk A/S, ADR (B) | 152,887 | 10,931,421 | |||
42,527,069 | |||||
90,580,747 | |||||
Industrials – 5.7% | |||||
Aerospace and defense – 4.6% | |||||
Axon Enterprise, Inc. (A) | 7,883 | 5,915,088 | |||
General Electric Company | 65,807 | 16,182,599 | |||
The Boeing Company (A) | 108,329 | 22,458,767 | |||
44,556,454 | |||||
Ground transportation – 1.1% | |||||
Uber Technologies, Inc. (A) | 133,598 | 11,243,608 | |||
55,800,062 | |||||
Information technology – 35.6% | |||||
IT services – 1.0% | |||||
Snowflake, Inc., Class A (A) | 47,888 | 9,849,125 | |||
Semiconductors and semiconductor equipment – 15.8% | |||||
Broadcom, Inc. | 184,456 | 44,651,264 | |||
NVIDIA Corp. | 645,340 | 87,204,794 | |||
Taiwan Semiconductor Manufacturing Company, Ltd., ADR | 64,781 | 12,523,463 | |||
Texas Instruments, Inc. | 48,780 | 8,919,423 | |||
153,298,944 | |||||
Software – 14.3% | |||||
Adobe, Inc. (A) | 11,664 | 4,841,610 | |||
AppLovin Corp., Class A (A) | 14,877 | 5,846,661 | |||
Cadence Design Systems, Inc. (A) | 59,063 | 16,955,215 | |||
Crowdstrike Holdings, Inc., Class A (A) | 35,989 | 16,964,135 | |||
Datadog, Inc., Class A (A) | 44,038 | 5,191,199 | |||
HubSpot, Inc. (A) | 7,708 | 4,546,949 | |||
Microsoft Corp. | 136,879 | 63,013,616 | |||
Salesforce, Inc. | 26,854 | 7,126,246 | |||
ServiceNow, Inc. (A) | 14,039 | 14,194,693 | |||
138,680,324 | |||||
Technology hardware, storage and peripherals – 4.5% | |||||
Apple, Inc. | 216,391 | 43,462,132 | |||
345,290,525 | |||||
Utilities – 1.5% | |||||
Electric utilities – 1.5% | |||||
Constellation Energy Corp. | 46,403 | 14,206,278 | |||
TOTAL COMMON STOCKS (Cost $327,132,369) | $ | 970,592,185 |
1 |
Shares or Principal Amount | Value | ||||
SHORT-TERM INVESTMENTS – 1.2% | |||||
Short-term funds – 1.2% | |||||
John Hancock Collateral Trust, 4.2439% (C)(D) | 1,071,714 | $ | 10,719,927 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.2490% (C) | 1,434,456 | 1,434,456 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $12,154,068) | $ | 12,154,383 | |||
Total Investments (Capital Appreciation Fund) (Cost $339,286,437) – 101.3% | $ | 982,746,568 | |||
Other assets and liabilities, net – (1.3%) | (13,016,728) | ||||
TOTAL NET ASSETS – 100.0% | $ | 969,729,840 |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 5-31-25. The value of securities on loan amounted to $10,509,298. |
(C) | The rate shown is the annualized seven-day yield as of 5-31-25. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Shares or Principal Amount | Value | ||||
COMMON STOCKS – 59.9% | |||||
Communication services – 3.2% | |||||
Interactive media and services – 3.2% | |||||
Alphabet, Inc., Class A (A) | 101,332 | $ | 17,402,758 | ||
Meta Platforms, Inc., Class A (A) | 30,269 | 19,598,875 | |||
37,001,633 | |||||
Consumer discretionary – 5.9% | |||||
Broadline retail – 3.7% | |||||
Amazon.com, Inc. (A)(B) | 213,792 | 43,829,498 | |||
Hotels, restaurants and leisure – 2.2% | |||||
Hilton Worldwide Holdings, Inc. | 32,195 | 7,998,526 | |||
Starbucks Corp. | 120,082 | 10,080,884 | |||
Yum! Brands, Inc. (A) | 50,788 | 7,310,425 | |||
25,389,835 | |||||
69,219,333 | |||||
Consumer staples – 0.3% | |||||
Beverages – 0.3% | |||||
Keurig Dr. Pepper, Inc. | 29,400 | 989,898 | |||
PepsiCo, Inc. | 15,542 | 2,042,996 | |||
3,032,894 | |||||
Energy – 1.4% | |||||
Oil, gas and consumable fuels – 1.4% | |||||
Canadian Natural Resources, Ltd. | 558,271 | 16,954,690 | |||
Financials – 3.7% | |||||
Banks – 0.7% | |||||
JPMorgan Chase & Co. | 32,710 | 8,635,440 | |||
Capital markets – 1.1% | |||||
Cboe Global Markets, Inc. | 1,700 | 389,504 | |||
CME Group, Inc. | 6,856 | 1,981,384 | |||
Intercontinental Exchange, Inc. | 6,568 | 1,180,926 | |||
KKR & Company, Inc. | 14,185 | 1,722,910 | |||
Morgan Stanley | 35,831 | 4,587,443 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Capital markets (continued) | |||||
The Goldman Sachs Group, Inc. | 5,691 | $ | 3,417,161 | ||
13,279,328 | |||||
Financial services – 1.1% | |||||
Mastercard, Inc., Class A | 8,310 | 4,866,336 | |||
Visa, Inc., Class A (A) | 19,940 | 7,281,889 | |||
12,148,225 | |||||
Insurance – 0.8% | |||||
Aon PLC, Class A | 3,300 | 1,227,864 | |||
Marsh & McLennan Companies, Inc. | 3,400 | 794,444 | |||
Willis Towers Watson PLC | 22,481 | 7,116,361 | |||
9,138,669 | |||||
43,201,662 | |||||
Health care – 12.0% | |||||
Biotechnology – 1.0% | |||||
AbbVie, Inc. | 15,113 | 2,812,680 | |||
Alnylam Pharmaceuticals, Inc. (B) | 15,114 | 4,603,120 | |||
Ascendis Pharma A/S, ADR (B) | 8,225 | 1,339,359 | |||
Biogen, Inc. (B) | 2,564 | 332,782 | |||
BioNTech SE, ADR (B)(C) | 16,299 | 1,561,607 | |||
Cytokinetics, Inc. (B) | 41,300 | 1,281,126 | |||
11,930,674 | |||||
Health care equipment and supplies – 4.1% | |||||
Abbott Laboratories | 108,861 | 14,541,652 | |||
Becton, Dickinson and Company | 188,563 | 32,544,088 | |||
GE HealthCare Technologies, Inc. | 12,300 | 867,642 | |||
47,953,382 | |||||
Health care providers and services – 2.9% | |||||
Cardinal Health, Inc. | 8,821 | 1,362,315 | |||
Cencora, Inc. | 6,300 | 1,834,812 | |||
McKesson Corp. | 24,982 | 17,974,799 | |||
The Cigna Group | 14,900 | 4,717,936 | |||
UnitedHealth Group, Inc. (A) | 24,380 | 7,360,566 | |||
33,250,428 | |||||
Life sciences tools and services – 3.2% | |||||
Avantor, Inc. (B) | 125,593 | 1,621,406 | |||
Danaher Corp. | 72,390 | 13,746,861 | |||
Revvity, Inc. | 249,468 | 22,556,897 | |||
37,925,164 | |||||
Pharmaceuticals – 0.8% | |||||
Eli Lilly & Company | 11,105 | 8,191,825 | |||
Johnson & Johnson | 7,100 | 1,101,991 | |||
9,293,816 | |||||
140,353,464 | |||||
Industrials – 3.4% | |||||
Aerospace and defense – 1.2% | |||||
L3Harris Technologies, Inc. | 1,800 | 439,812 | |||
Lockheed Martin Corp. | 4,108 | 1,981,617 | |||
Northrop Grumman Corp. | 3,700 | 1,793,649 | |||
RTX Corp. | 67,978 | 9,277,637 | |||
13,492,715 | |||||
Commercial services and supplies – 0.6% | |||||
Veralto Corp. (A) | 51,104 | 5,163,037 | |||
Waste Management, Inc. | 8,737 | 2,105,355 | |||
7,268,392 | |||||
Machinery – 1.0% | |||||
Fortive Corp. (A) | 81,780 | 5,740,138 |
2 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Machinery (continued) | |||||
Ingersoll Rand, Inc. | 75,579 | $ | 6,170,270 | ||
11,910,408 | |||||
Trading companies and distributors – 0.6% | |||||
Ferguson Enterprises, Inc. | 38,736 | 7,063,122 | |||
39,734,637 | |||||
Information technology – 25.4% | |||||
Electronic equipment, instruments and components – 1.7% | |||||
Amphenol Corp., Class A | 186,803 | 16,799,194 | |||
Teledyne Technologies, Inc. (B) | 7,380 | 3,681,587 | |||
20,480,781 | |||||
Semiconductors and semiconductor equipment – 4.7% | |||||
Advanced Micro Devices, Inc. (B) | 123,071 | 13,627,652 | |||
ASML Holding NV, NYRS | 4,700 | 3,462,819 | |||
NVIDIA Corp. (A) | 271,026 | 36,623,743 | |||
NXP Semiconductors NV | 7,227 | 1,381,297 | |||
55,095,511 | |||||
Software – 17.4% | |||||
ANSYS, Inc. (B) | 6,702 | 2,217,156 | |||
Aurora Innovation, Inc. (B) | 2,293,605 | 13,899,246 | |||
Autodesk, Inc. (B) | 53,008 | 15,696,729 | |||
Intuit, Inc. (A) | 24,399 | 18,383,915 | |||
Microsoft Corp. (A) | 165,951 | 76,397,201 | |||
PTC, Inc. (A)(B) | 156,830 | 26,397,626 | |||
Roper Technologies, Inc. | 56,673 | 32,318,912 | |||
Salesforce, Inc. | 10,438 | 2,769,932 | |||
Workday, Inc., Class A (B) | 61,650 | 15,271,322 | |||
203,352,039 | |||||
Technology hardware, storage and peripherals – 1.6% | |||||
Apple, Inc. (A) | 92,193 | 18,516,964 | |||
297,445,295 | |||||
Materials – 0.5% | |||||
Construction materials – 0.5% | |||||
Vulcan Materials Company | 22,950 | 6,083,357 | |||
Real estate – 0.2% | |||||
Specialized REITs – 0.2% | |||||
American Tower Corp. | 5,800 | 1,244,970 | |||
SBA Communications Corp. | 3,400 | 788,426 | |||
2,033,396 | |||||
Utilities – 3.9% | |||||
Electric utilities – 0.2% | |||||
Alliant Energy Corp. | 5,600 | 348,488 | |||
American Electric Power Company, Inc. | 8,100 | 838,269 | |||
Duke Energy Corp. | 4,800 | 565,056 | |||
Exelon Corp. | 23,500 | 1,029,770 | |||
2,781,583 | |||||
Multi-utilities – 3.7% | |||||
Ameren Corp. | 117,265 | 11,360,633 | |||
CenterPoint Energy, Inc. | 500,992 | 18,656,942 | |||
DTE Energy Company | 9,200 | 1,257,180 | |||
NiSource, Inc. | 272,708 | 10,782,874 | |||
WEC Energy Group, Inc. | 7,600 | 816,544 | |||
42,874,173 | |||||
45,655,756 | |||||
TOTAL COMMON STOCKS (Cost $583,757,392) | $ | 700,716,117 | |||
PREFERRED SECURITIES – 0.1% | |||||
Utilities – 0.1% | |||||
Multi-utilities – 0.1% | |||||
CMS Energy Corp., 5.875% | 33,938 | 754,102 | |||
TOTAL PREFERRED SECURITIES (Cost $848,450) | $ | 754,102 |
Shares or Principal Amount | Value | ||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 13.4% | |||||
U.S. Government – 13.4% | |||||
U.S. Treasury Notes | |||||
3.875%, 04/30/2030 | $ | 39,107,000 | $ | 38,951,183 | |
4.000%, 02/28/2030 to 03/31/2030 | 81,445,000 | 81,606,982 | |||
4.375%, 12/31/2029 | 35,507,000 | 36,128,373 | |||
156,686,538 | |||||
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $155,631,508) | $ | 156,686,538 | |||
CORPORATE BONDS - 8.2% | |||||
Communication services - 0.7% | |||||
CCO Holdings LLC | |||||
5.000%, 02/01/2028 (D) | 242,000 | 237,360 | |||
5.125%, 05/01/2027 (D) | 5,921,000 | 5,859,916 | |||
5.500%, 05/01/2026 (D) | 419,000 | 417,960 | |||
Lamar Media Corp. | |||||
3.625%, 01/15/2031 | 120,000 | 109,017 | |||
3.750%, 02/15/2028 | 754,000 | 729,430 | |||
4.875%, 01/15/2029 | 137,000 | 134,525 | |||
7,488,208 | |||||
Consumer discretionary - 2.6% | |||||
Hilton Domestic Operating Company, Inc. | |||||
3.625%, 02/15/2032 (D) | 2,192,000 | 1,950,990 | |||
3.750%, 05/01/2029 (D) | 1,924,000 | 1,817,730 | |||
4.000%, 05/01/2031 (D) | 2,586,000 | 2,391,106 | |||
4.875%, 01/15/2030 | 1,746,000 | 1,711,339 | |||
5.750%, 05/01/2028 (D) | 2,438,000 | 2,440,852 | |||
5.875%, 04/01/2029 (D) | 707,000 | 713,965 | |||
Hilton Worldwide Finance LLC 4.875%, 04/01/2027 | 778,000 | 775,526 | |||
KFC Holding Company/Pizza Hut Holdings LLC/Taco Bell of America LLC 4.750%, 06/01/2027 (D) | 2,575,000 | 2,565,580 | |||
Life Time, Inc. 6.000%, 11/15/2031 (D) | 246,000 | 246,550 | |||
Service Corp. International | |||||
3.375%, 08/15/2030 | 669,000 | 606,761 | |||
4.625%, 12/15/2027 | 109,000 | 107,350 | |||
5.750%, 10/15/2032 | 618,000 | 614,130 | |||
Six Flags Entertainment Corp. | |||||
5.250%, 07/15/2029 | 394,000 | 382,525 | |||
5.375%, 04/15/2027 | 1,793,000 | 1,792,338 | |||
5.500%, 04/15/2027 (D) | 1,863,000 | 1,858,847 | |||
6.500%, 10/01/2028 | 1,167,000 | 1,176,684 | |||
7.000%, 07/01/2025 (D) | 367,000 | 367,358 | |||
Vail Resorts, Inc. 6.500%, 05/15/2032 (D) | 791,000 | 810,300 | |||
Yum! Brands, Inc. | |||||
3.625%, 03/15/2031 | 1,263,000 | 1,148,065 | |||
4.625%, 01/31/2032 | 2,575,000 | 2,441,834 | |||
4.750%, 01/15/2030 (D) | 1,138,000 | 1,112,876 | |||
5.350%, 11/01/2043 | 1,025,000 | 952,556 | |||
5.375%, 04/01/2032 | 2,271,000 | 2,244,707 | |||
6.875%, 11/15/2037 | 511,000 | 541,380 | |||
30,771,349 | |||||
Financials - 2.2% | |||||
Alliant Holdings Intermediate LLC 6.750%, 04/15/2028 (D) | 1,160,000 | 1,176,245 | |||
AmWINS Group, Inc. 6.375%, 02/15/2029 (D) | 741,000 | 751,381 | |||
AssuredPartners, Inc. 7.500%, 02/15/2032 (D) | 339,000 | 362,884 |
3 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Financials (continued) | |||||
BroadStreet Partners, Inc. 5.875%, 04/15/2029 (D) | $ | 1,680,000 | $ | 1,654,241 | |
HUB International, Ltd. | |||||
5.625%, 12/01/2029 (D) | 944,000 | 936,240 | |||
7.250%, 06/15/2030 (D) | 10,311,000 | 10,738,102 | |||
7.375%, 01/31/2032 (D) | 5,994,000 | 6,255,332 | |||
MSCI, Inc. | |||||
3.250%, 08/15/2033 (D) | 418,000 | 358,576 | |||
3.625%, 09/01/2030 (D) | 236,000 | 218,591 | |||
Ryan Specialty LLC | |||||
4.375%, 02/01/2030 (D) | 306,000 | 291,021 | |||
5.875%, 08/01/2032 (D) | 914,000 | 908,279 | |||
USI, Inc. 7.500%, 01/15/2032 (D) | 2,291,000 | 2,401,447 | |||
26,052,339 | |||||
Health care - 0.8% | |||||
Avantor Funding, Inc. | |||||
3.875%, 11/01/2029 (D) | 1,840,000 | 1,716,084 | |||
4.625%, 07/15/2028 (D) | 2,637,000 | 2,570,067 | |||
Biogen, Inc. 5.200%, 09/15/2045 | 256,000 | 224,645 | |||
Charles River Laboratories International, Inc. | |||||
3.750%, 03/15/2029 (D) | 697,000 | 645,632 | |||
4.000%, 03/15/2031 (D) | 632,000 | 566,742 | |||
4.250%, 05/01/2028 (D) | 934,000 | 897,109 | |||
Hologic, Inc. 3.250%, 02/15/2029 (D) | 609,000 | 581,828 | |||
IQVIA, Inc. | |||||
5.000%, 05/15/2027 (D) | 937,000 | 930,975 | |||
6.500%, 05/15/2030 (D) | 628,000 | 641,405 | |||
Surgery Center Holdings, Inc. 7.250%, 04/15/2032 (D) | 686,000 | 684,676 | |||
9,459,163 | |||||
Industrials - 1.1% | |||||
Booz Allen Hamilton, Inc. | |||||
3.875%, 09/01/2028 (D) | 833,000 | 797,722 | |||
4.000%, 07/01/2029 (D) | 521,000 | 495,131 | |||
5.950%, 08/04/2033 | 572,000 | 576,212 | |||
Korn Ferry 4.625%, 12/15/2027 (D) | 951,000 | 936,240 | |||
TransDigm, Inc. | |||||
4.625%, 01/15/2029 | 710,000 | 687,617 | |||
5.500%, 11/15/2027 | 2,309,000 | 2,307,194 | |||
6.375%, 03/01/2029 (D) | 3,011,000 | 3,060,070 | |||
6.625%, 03/01/2032 (D) | 2,653,000 | 2,710,053 | |||
7.125%, 12/01/2031 (D) | 1,569,000 | 1,623,054 | |||
13,193,293 | |||||
Information technology - 0.2% | |||||
Crowdstrike Holdings, Inc. 3.000%, 02/15/2029 | 150,000 | 140,388 | |||
Ellucian Holdings, Inc. 6.500%, 12/01/2029 (D) | 624,000 | 630,201 | |||
Fair Isaac Corp. 6.000%, 05/15/2033 (D) | 473,000 | 472,107 | |||
PTC, Inc. 4.000%, 02/15/2028 (D) | 741,000 | 717,886 | |||
Workday, Inc. 3.800%, 04/01/2032 | 793,000 | 735,609 | |||
2,696,191 | |||||
Materials - 0.1% | |||||
Ball Corp. 6.000%, 06/15/2029 | 792,000 | 807,685 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Real estate - 0.5% | |||||
Crown Castle, Inc. | |||||
4.900%, 09/01/2029 | $ | 556,000 | $ | 557,354 | |
5.200%, 09/01/2034 | 184,000 | 179,456 | |||
SBA Communications Corp. | |||||
3.125%, 02/01/2029 | 2,211,000 | 2,056,885 | |||
3.875%, 02/15/2027 | 1,887,000 | 1,850,138 | |||
SBA Tower Trust 6.599%, 01/15/2028 (D) | 68,000 | 69,721 | |||
VICI Properties LP | |||||
4.125%, 08/15/2030 (D) | 174,000 | 164,071 | |||
5.125%, 05/15/2032 | 252,000 | 246,931 | |||
5.750%, 04/01/2034 | 738,000 | 740,518 | |||
5,865,074 | |||||
TOTAL CORPORATE BONDS (Cost $94,183,876) | $ | 96,333,302 | |||
TERM LOANS (E) – 9.5% | |||||
Consumer discretionary – 1.0% | |||||
Four Seasons Hotels, Ltd., 2024 1st Lien Term Loan B (1 month CME Term SOFR + 1.750%) 6.077%, 11/30/2029 | 162,107 | 162,492 | |||
Hilton Domestic Operating Company, Inc., 2023 Term Loan B4 (1 month CME Term SOFR + 1.750%) 6.075%, 11/08/2030 | 4,809,965 | 4,824,299 | |||
IRB Holding Corp., 2024 1st Lien Term Loan B (1 month CME Term SOFR + 2.500%) 6.827%, 12/15/2027 | 2,125,253 | 2,122,172 | |||
Mister Car Wash Holdings, Inc., 2024 Term Loan B (1 month CME Term SOFR + 2.500%) 6.827%, 03/27/2031 | 520,212 | 519,562 | |||
Varsity Brands, Inc., 2025 Term Loan (3 month CME Term SOFR + 3.500%) 7.830%, 08/26/2031 | 3,143,000 | 3,119,428 | |||
Wyndham Hotels & Resorts, Inc., 2024 Term Loan (1 month CME Term SOFR + 1.750%) 6.077%, 05/24/2030 | 506,319 | 507,403 | |||
11,255,356 | |||||
Financials – 3.6% | |||||
AmWINS Group, Inc., 2025 Term Loan B (1 month CME Term SOFR + 2.250%) 6.577%, 01/30/2032 | 7,652,390 | 7,641,141 | |||
BroadStreet Partners, Inc., 2024 Term Loan B4 (1 month CME Term SOFR + 3.000%) 7.327%, 06/13/2031 | 7,169,446 | 7,174,608 | |||
CPI Holdco B LLC, 2024 Incremental Term Loan B (1 month CME Term SOFR + 2.250%) 6.577%, 05/17/2031 | 2,704,000 | 2,701,188 | |||
HUB International, Ltd., 2025 Term Loan B (3 month CME Term SOFR + 2.500%) 6.769%, 06/20/2030 | 17,096,640 | 17,090,314 | |||
Mariner Wealth Advisors LLC, Term Loan B (3 month CME Term SOFR + 2.500%) 6.799%, 08/18/2028 | 685,538 | 684,790 | |||
Mariner Wealth Advisors LLC , 2025 Term Loan TBD 12/18/2030 (F) | 990,000 | 988,921 | |||
USI, Inc., 2024 Term Loan C (3 month CME Term SOFR + 2.250%) 6.549%, 09/29/2030 | 2,975,463 | 2,960,229 | |||
USI, Inc., 2024 Term Loan D (3 month CME Term SOFR + 2.250%) 6.549%, 11/21/2029 | 2,793,007 | 2,782,980 | |||
42,024,171 |
4 |
Shares or Principal Amount | Value | ||||
TERM LOANS (E)(continued) | |||||
Health care – 0.6% | |||||
ADMI Corp., 2021 Incremental Term Loan B3 (1 month CME Term SOFR + 3.750%) 8.191%, 12/23/2027 | $ | 615,662 | 588,880 | ||
ADMI Corp., 2021 Term Loan B2 (1 month CME Term SOFR + 3.375%) 7.816%, 12/23/2027 | 194,799 | 184,410 | |||
AthenaHealth Group, Inc., 2022 Term Loan B (1 month CME Term SOFR + 3.000%) 7.327%, 02/15/2029 | 1,627,000 | 1,619,158 | |||
Avantor Funding, Inc., 2024 Term Loan (1 month CME Term SOFR + 2.000%) 6.427%, 11/08/2027 | 10,111 | 10,129 | |||
Loire Finco Luxembourg Sarl, 2025 USD Term Loan B (1 month CME Term SOFR + 4.000%) 8.427%, 01/21/2030 | 4,853,763 | 4,841,629 | |||
7,244,206 | |||||
Industrials – 1.3% | |||||
Filtration Group Corp., 2025 EUR Term Loan B (1 month EURIBOR + 3.500%) 5.509%, 10/21/2028 | EUR | 2,012,211 | 2,293,333 | ||
Filtration Group Corp., 2025 USD Term Loan B (1 month CME Term SOFR + 3.000%) 7.327%, 10/21/2028 | $ | 6,878,880 | 6,897,040 | ||
Trans Union LLC, 2019 Term Loan B5 (1 month CME Term SOFR + 1.750%) 6.177%, 11/16/2026 | 164,789 | 164,840 | |||
TransDigm, Inc., 2024 Term Loan I (3 month CME Term SOFR + 2.750%) 7.049%, 08/24/2028 | 2,967,189 | 2,974,845 | |||
TransDigm, Inc., 2024 Term Loan K (3 month CME Term SOFR + 2.750%) 7.049%, 03/22/2030 | 2,408,031 | 2,413,546 | |||
14,743,604 | |||||
Information technology – 2.8% | |||||
Applied Systems, Inc., 2024 1st Lien Term Loan (3 month CME Term SOFR + 2.500%) 6.799%, 02/24/2031 | 12,708,555 | 12,748,333 | |||
Applied Systems, Inc., 2024 2nd Lien Term Loan (3 month CME Term SOFR + 4.500%) 8.799%, 02/23/2032 | 1,807,401 | 1,847,616 | |||
Azalea TopCo, Inc., 2024 1st Lien Term Loan B (1 month CME Term SOFR + 3.250%) 7.577%, 04/30/2031 | 2,289,495 | 2,288,533 | |||
CCC Intelligent Solutions, Inc., Term Loan (1 month CME Term SOFR + 2.000%) 6.327%, 01/23/2032 | 970,732 | 970,732 | |||
Ellucian Holdings, Inc., 2024 1st Lien Term Loan B (1 month CME Term SOFR + 3.000%) 7.327%, 10/09/2029 | 1,883,000 | 1,884,337 | |||
Epicor Software Corp., 2024 Term Loan E (1 month CME Term SOFR + 2.750%) 7.077%, 05/30/2031 | 2,927,289 | 2,932,471 | |||
Icon Parent, Inc., 2024 2nd Lien Term Loan (6 month CME Term SOFR + 5.000%) 9.205%, 11/12/2032 | 1,038,400 | 1,038,400 | |||
Icon Parent, Inc., 2024 Term Loan (6 month CME Term SOFR + 3.000%) 7.205%, 11/13/2031 | 2,726,000 | 2,722,374 | |||
Informatica LLC, 2024 Term Loan B (1 month CME Term SOFR + 2.250%) 6.577%, 10/27/2028 | 995,645 | 998,442 |
Shares or Principal Amount | Value | ||||
TERM LOANS (E)(continued) | |||||
Information technology (continued) | |||||
Quartz Acquireco LLC, 2025 Term Loan B (3 month CME Term SOFR + 2.250%) 6.549%, 06/28/2030 | $ | 740,529 | 740,070 | ||
Storable, Inc., 2025 Term Loan B (1 month CME Term SOFR + 3.250%) 7.577%, 04/16/2031 | 1,789,202 | 1,787,287 | |||
UKG, Inc., 2024 Term Loan B (1 month CME Term SOFR + 3.000%) 7.329%, 02/10/2031 | 3,250,433 | 3,255,634 | |||
33,214,229 | |||||
Real estate – 0.2% | |||||
SBA Senior Finance II LLC, 2024 Term Loan B (1 month CME Term SOFR + 1.750%) 6.080%, 01/25/2031 | 2,831,429 | 2,833,354 | |||
TOTAL TERM LOANS (Cost $111,087,664) | $ | 111,314,920 | |||
SHORT-TERM INVESTMENTS – 9.4% | |||||
Short-term funds – 9.4% | |||||
John Hancock Collateral Trust, 4.2439% (G)(H) | 164,654 | $ | 1,646,970 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.2490% (G) | 7,682,139 | 7,682,139 | |||
T. Rowe Price Government Reserve Fund, 4.3483% (G) | 100,498,720 | 100,498,720 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $109,827,799) | $ | 109,827,829 | |||
Total Investments (Capital Appreciation Value Fund) (Cost $1,055,336,689) – 100.5% | $ | 1,175,632,808 | |||
Other assets and liabilities, net – (0.5%) | (6,205,869) | ||||
TOTAL NET ASSETS – 100.0% | $ | 1,169,426,939 |
Currency Abbreviations | |
EUR | Euro |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
CME | CME Group Published Rates |
EURIBOR | Euro Interbank Offered Rate |
NYRS | New York Registry Shares |
SOFR | Secured Overnight Financing Rate |
(A) | All or a portion of this security is segregated at the custodian as collateral for certain derivatives. |
(B) | Non-income producing security. |
(C) | All or a portion of this security is on loan as of 5-31-25. The value of securities on loan amounted to $1,614,025. |
(D) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
(E) | Term loans are variable rate obligations. The rate shown represents the rate at period end. |
(F) | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined). |
(G) | The rate shown is the annualized seven-day yield as of 5-31-25. |
(H) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
5 |
Options on securities | ||||||||
Counterparty (OTC)/ Exchange- traded | Name of issuer | Currency | Exercise price | Expiration date | Number of contracts | Notional amount | Premium | Value |
Calls | ||||||||
BOA | Abbott Laboratories | USD | 130.00 | Jan 2026 | 106 | 10,600 | $58,698 | $(141,635) |
BOA | Abbott Laboratories | USD | 145.00 | Jan 2026 | 52 | 5,200 | 29,834 | (31,939) |
BOA | AbbVie, Inc. | USD | 195.00 | Jan 2026 | 71 | 7,100 | 50,552 | (93,778) |
BOA | AbbVie, Inc. | USD | 210.00 | Jan 2026 | 64 | 6,400 | 67,008 | (49,676) |
UBS | Alliant Energy Corp. | USD | 67.50 | Jul 2025 | 56 | 5,600 | 3,304 | (1,350) |
GSI | American Electric Power Company, Inc. | USD | 110.00 | Jan 2026 | 47 | 4,700 | 10,998 | (19,385) |
GSI | American Electric Power Company, Inc. | USD | 115.00 | Jan 2026 | 34 | 3,400 | 9,078 | (8,695) |
GSI | American Tower Corp. | USD | 210.00 | Jan 2026 | 23 | 2,300 | 24,357 | (46,955) |
GSI | American Tower Corp. | USD | 210.00 | Jan 2026 | 35 | 3,500 | 32,270 | (71,453) |
WFB | Aon PLC, Class A | USD | 390.00 | Dec 2025 | 16 | 1,600 | 37,392 | (32,349) |
WFB | Aon PLC, Class A | USD | 430.00 | Dec 2025 | 17 | 1,700 | 21,879 | (11,422) |
GSI | Becton, Dickinson and Company | USD | 255.00 | Sep 2025 | 25 | 2,500 | 10,962 | (24) |
BARC | Cardinal Health, Inc. | USD | 140.00 | Jan 2026 | 53 | 5,300 | 42,665 | (120,805) |
BARC | Cardinal Health, Inc. | USD | 140.00 | Jan 2026 | 35 | 3,500 | 29,400 | (79,777) |
BARC | Cboe Global Markets, Inc. | USD | 230.00 | Jan 2026 | 17 | 1,700 | 22,100 | (33,672) |
UBS | Cencora, Inc. | USD | 260.00 | Jan 2026 | 36 | 3,600 | 58,211 | (166,125) |
UBS | Cencora, Inc. | USD | 270.00 | Jan 2026 | 27 | 2,700 | 30,159 | (104,929) |
BOA | CenterPoint Energy, Inc. | USD | 35.00 | Dec 2025 | 177 | 17,700 | 25,046 | (71,341) |
BOA | CenterPoint Energy, Inc. | USD | 35.00 | Dec 2025 | 103 | 10,300 | 13,794 | (41,515) |
BARC | CME Group, Inc. | USD | 250.00 | Jan 2026 | 23 | 2,300 | 25,760 | (110,489) |
BARC | CME Group, Inc. | USD | 270.00 | Jan 2026 | 33 | 3,300 | 32,010 | (107,870) |
UBS | Danaher Corp. | USD | 330.00 | Jan 2026 | 65 | 6,500 | 105,146 | (289) |
WFB | DTE Energy Company | USD | 135.00 | Jul 2025 | 47 | 4,700 | 5,787 | (21,203) |
WFB | DTE Energy Company | USD | 135.00 | Jul 2025 | 45 | 4,500 | 7,498 | (20,301) |
UBS | Duke Energy Corp. | USD | 120.00 | Jan 2026 | 48 | 4,800 | 15,312 | (31,989) |
UBS | Exelon Corp. | USD | 45.00 | Jan 2026 | 177 | 17,700 | 14,691 | (45,997) |
UBS | Exelon Corp. | USD | 47.00 | Jan 2026 | 58 | 5,800 | 8,004 | (10,124) |
WFB | GE HealthCare Technologies, Inc. | USD | 97.50 | Jan 2026 | 64 | 6,400 | 32,534 | (6,250) |
WFB | GE HealthCare Technologies, Inc. | USD | 100.00 | Jan 2026 | 59 | 5,900 | 30,728 | (4,531) |
GSI | Intercontinental Exchange, Inc. | USD | 165.00 | Jan 2026 | 35 | 3,500 | 27,370 | (83,300) |
GSI | Intercontinental Exchange, Inc. | USD | 185.00 | Jan 2026 | 29 | 2,900 | 18,328 | (32,026) |
WFB | Johnson & Johnson | USD | 170.00 | Jan 2026 | 71 | 7,100 | 30,175 | (31,156) |
UBS | Keurig Dr. Pepper, Inc. | USD | 35.00 | Jan 2026 | 58 | 5,800 | 8,259 | (9,632) |
UBS | Keurig Dr. Pepper, Inc. | USD | 35.00 | Jan 2026 | 236 | 23,600 | 30,463 | (39,192) |
WFB | L3Harris Technologies, Inc. | USD | 230.00 | Dec 2025 | 18 | 1,800 | 26,946 | (50,106) |
BOA | Lockheed Martin Corp. | USD | 500.00 | Jan 2026 | 14 | 1,400 | 27,468 | (40,311) |
BOA | Lockheed Martin Corp. | USD | 520.00 | Jan 2026 | 21 | 2,100 | 73,227 | (44,531) |
BARC | Marsh & McLennan Companies, Inc. | USD | 250.00 | Dec 2025 | 34 | 3,400 | 29,410 | (28,549) |
BARC | Mastercard, Inc., Class A | USD | 580.00 | Jan 2026 | 24 | 2,400 | 65,028 | (125,564) |
BARC | Mastercard, Inc., Class A | USD | 620.00 | Jan 2026 | 11 | 1,100 | 31,297 | (34,129) |
GSI | McKesson Corp. | USD | 660.00 | Jan 2026 | 9 | 900 | 31,731 | (95,182) |
GSI | McKesson Corp. | USD | 680.00 | Jan 2026 | 9 | 900 | 37,287 | (82,997) |
CITI | Northrop Grumman Corp. | USD | 530.00 | Jan 2026 | 14 | 1,400 | 29,428 | (31,090) |
CITI | Northrop Grumman Corp. | USD | 560.00 | Jan 2026 | 23 | 2,300 | 55,476 | (32,105) |
CITI | PepsiCo, Inc. | USD | 160.00 | Jan 2026 | 58 | 5,800 | 24,186 | (9,416) |
CITI | PepsiCo, Inc. | USD | 165.00 | Jan 2026 | 71 | 7,100 | 35,642 | (8,217) |
GSI | RTX Corp. | USD | 140.00 | Jan 2026 | 13 | 1,300 | 7,766 | (12,834) |
GSI | RTX Corp. | USD | 140.00 | Jan 2026 | 73 | 7,300 | 58,315 | (72,071) |
JPM | SBA Communications Corp. | USD | 230.00 | Dec 2025 | 18 | 1,800 | 16,146 | (36,970) |
JPM | SBA Communications Corp. | USD | 230.00 | Dec 2025 | 16 | 1,600 | 15,552 | (32,862) |
WFB | Starbucks Corp. | USD | 125.00 | Jan 2026 | 50 | 5,000 | 35,850 | (3,552) |
GSI | Visa, Inc., Class A | USD | 360.00 | Jan 2026 | 35 | 3,500 | 49,200 | (121,421) |
GSI | Visa, Inc., Class A | USD | 390.00 | Jan 2026 | 38 | 3,800 | 58,931 | (71,278) |
JPM | Waste Management, Inc. | USD | 230.00 | Jan 2026 | 59 | 5,900 | 58,823 | (140,432) |
JPM | Waste Management, Inc. | USD | 250.00 | Jan 2026 | 17 | 1,700 | 14,994 | (20,599) |
JPM | WEC Energy Group, Inc. | USD | 110.00 | Dec 2025 | 47 | 4,700 | 9,259 | (24,378) |
JPM | WEC Energy Group, Inc. | USD | 115.00 | Dec 2025 | 29 | 2,900 | 5,655 | (9,066) |
UBS | Willis Towers Watson PLC | USD | 360.00 | Jul 2025 | 21 | 2,100 | 6,789 | (1,854) |
WFB | Yum! Brands, Inc. | USD | 145.00 | Jan 2026 | 42 | 4,200 | 11,125 | (43,482) |
WFB | Yum! Brands, Inc. | USD | 160.00 | Jan 2026 | 53 | 5,300 | 24,825 | (21,503) |
$1,810,128 | $(2,875,673) |
6 |
Derivatives Currency Abbreviations | |
USD | U.S. Dollar |
Derivatives Abbreviations | |
BARC | Barclays Bank PLC |
BOA | Bank of America, N.A. |
CITI | Citibank, N.A. |
GSI | Goldman Sachs International |
JPM | JPMorgan Chase Bank, N.A. |
OTC | Over-the-counter |
UBS | UBS AG |
WFB | Wells Fargo Bank, N.A. |
Shares or Principal Amount | Value | ||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 47.3% | |||||
U.S. Government – 16.7% | |||||
U.S. Treasury Bonds | |||||
1.125%, 08/15/2040 | $ | 2,324,000 | $ | 1,396,760 | |
1.375%, 11/15/2040 | 34,764,000 | 21,679,971 | |||
1.750%, 08/15/2041 | 62,292,000 | 40,463,029 | |||
1.875%, 02/15/2041 | 2,354,000 | 1,585,456 | |||
2.000%, 11/15/2041 | 50,411,000 | 33,974,257 | |||
2.250%, 08/15/2046 | 7,549,000 | 4,830,475 | |||
2.375%, 02/15/2042 | 13,244,000 | 9,434,798 | |||
2.500%, 05/15/2046 | 6,309,000 | 4,261,039 | |||
3.000%, 02/15/2048 to 02/15/2049 | 50,103,000 | 36,323,760 | |||
3.125%, 05/15/2048 | 4,567,000 | 3,387,430 | |||
4.250%, 08/15/2054 | 10,820,000 | 9,675,447 | |||
4.625%, 02/15/2055 | 10,273,000 | 9,797,874 | |||
5.000%, 05/15/2045 (A) | 11,493,000 | 11,609,726 | |||
U.S. Treasury Notes | |||||
0.500%, 10/31/2027 | 21,473,000 | 19,813,036 | |||
1.875%, 02/28/2029 to 02/15/2032 | 15,743,000 | 14,035,804 | |||
2.875%, 05/15/2028 to 04/30/2029 | 18,759,000 | 18,225,377 | |||
3.625%, 03/31/2030 | 4,595,000 | 4,525,537 | |||
3.750%, 05/15/2028 | 9,598,000 | 9,569,506 | |||
3.875%, 05/31/2027 | 6,872,000 | 6,869,316 | |||
4.000%, 05/31/2030 to 04/30/2032 | 13,028,000 | 13,053,433 | |||
4.125%, 05/31/2032 | 4,737,000 | 4,725,158 | |||
4.250%, 05/15/2035 | 11,248,000 | 11,121,460 | |||
290,358,649 | |||||
U.S. Government Agency – 30.6% | |||||
Federal Home Loan Mortgage Corp. | |||||
2.000%, 11/01/2030 to 12/01/2051 | 28,331,168 | 24,270,873 | |||
2.500%, 10/01/2032 to 03/01/2052 | 52,114,954 | 46,343,215 | |||
2.500%, 11/01/2046 (A) | 1,387,304 | 1,168,577 | |||
3.000%, 04/01/2040 to 11/01/2049 | 29,336,498 | 26,014,147 | |||
3.107%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.621%), 02/01/2050 (B) | 1,035,799 | 1,019,187 | |||
3.952%, (30 day Average SOFR + 2.140%), 08/01/2052 (B) | 889,892 | 854,379 | |||
4.000%, 03/01/2050 | 3,447,938 | 3,230,767 | |||
4.222%, (30 day Average SOFR + 2.305%), 05/01/2053 (B) | 2,888,644 | 2,864,775 | |||
4.500%, 06/01/2039 to 07/01/2039 | 69,913 | 68,015 | |||
4.616%, (30 day Average SOFR + 2.352%), 03/01/2053 (B) | 2,088,787 | 2,047,876 | |||
4.843%, (30 day Average SOFR + 2.153%), 01/01/2055 (B) | 1,676,000 | 1,679,085 | |||
4.858%, (30 day Average SOFR + 2.246%), 06/01/2055 (B) | 5,304,000 | 5,257,596 |
Shares or Principal Amount | Value | ||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal Home Loan Mortgage Corp. (continued) | |||||
4.909%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.640%), 11/01/2048 (B) | $ | 623,673 | $ | 630,261 | |
5.450%, (30 day Average SOFR + 2.090%), 05/01/2055 (B) | 574,000 | 576,932 | |||
5.500%, 05/01/2054 to 05/01/2055 | 9,000,702 | 8,943,407 | |||
6.000%, 09/01/2054 to 12/01/2054 | 14,315,033 | 14,722,595 | |||
6.500%, 09/01/2054 to 03/01/2055 | 8,309,690 | 8,699,050 | |||
Federal National Mortgage Association | |||||
2.000%, 10/01/2030 to 03/01/2047 | 50,130,193 | 42,724,687 | |||
2.000%, 08/01/2042 (A) | 1,280,057 | 1,084,388 | |||
2.500%, 05/01/2037 to 03/01/2052 | 20,523,891 | 17,700,782 | |||
2.778%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.606%), 06/01/2050 (B) | 731,703 | 698,917 | |||
3.000%, 05/01/2040 to 02/01/2055 | 114,107,226 | 101,067,261 | |||
3.500%, 06/01/2042 to 01/01/2044 | 1,231,862 | 1,170,866 | |||
3.941%, (30 day Average SOFR + 2.120%), 08/01/2052 (B) | 372,410 | 358,680 | |||
4.000%, 01/01/2027 to 12/01/2048 | 9,236,800 | 8,779,666 | |||
4.072%, (30 day Average SOFR + 2.120%), 07/01/2052 (B) | 1,226,506 | 1,187,057 | |||
4.102%, (30 day Average SOFR + 2.120%), 09/01/2052 (B) | 1,312,310 | 1,310,498 | |||
4.124%, (30 day Average SOFR + 2.133%), 10/01/2052 (B) | 3,687,977 | 3,670,145 | |||
4.147%, (30 day Average SOFR + 2.129%), 11/01/2052 (B) | 1,041,114 | 1,036,610 | |||
4.188%, 11/15/2030 (C) | 4,579,000 | 3,648,136 | |||
4.351%, (30 day Average SOFR + 2.162%), 01/01/2055 (B) | 1,475,192 | 1,473,906 | |||
4.362%, (30 day Average SOFR + 2.125%), 07/01/2052 (B) | 1,558,660 | 1,545,722 | |||
4.500%, 03/01/2043 to 11/01/2048 | 3,465,061 | 3,367,885 | |||
4.535%, (30 day Average SOFR + 2.330%), 04/01/2053 (B) | 5,052,841 | 4,951,635 | |||
4.600%, (30 day Average SOFR + 2.126%), 08/01/2052 (B) | 1,771,664 | 1,769,334 | |||
4.603%, (30 day Average SOFR + 2.123%), 08/01/2052 (B) | 1,307,072 | 1,290,329 | |||
4.644%, (30 day Average SOFR + 2.130%), 08/01/2052 (B) | 889,647 | 889,504 | |||
4.670%, (30 day Average SOFR + 2.296%), 04/01/2053 (B) | 6,201,214 | 6,195,663 | |||
4.946%, (30 day Average SOFR + 2.161%), 04/01/2055 (A)(B) | 1,198,971 | 1,200,707 |
7 |
Shares or Principal Amount | Value | ||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal National Mortgage Association (continued) | |||||
4.968%, (30 day Average SOFR + 2.310%), 05/01/2055 (B) | $ | 1,426,321 | $ | 1,418,824 | |
5.371%, (30 day Average SOFR + 2.060%), 05/01/2055 (B) | 1,568,000 | 1,578,670 | |||
5.500%, TBA (A) | 19,200,000 | 19,014,013 | |||
5.500%, 12/01/2053 to 05/01/2055 | 55,209,603 | 54,942,303 | |||
6.000%, 12/01/2053 to 05/01/2055 | 45,876,983 | 46,738,617 | |||
6.046%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.604%), 03/01/2050 (B) | 1,299,092 | 1,319,146 | |||
6.500%, 12/01/2053 to 03/01/2055 | 4,835,660 | 5,052,366 | |||
Government National Mortgage Association | |||||
2.500%, 12/20/2037 to 07/20/2050 | 10,316,373 | 8,872,855 | |||
3.000%, 06/20/2043 to 10/20/2050 | 7,059,610 | 6,256,361 | |||
4.000%, 08/20/2052 to 11/20/2054 | 17,288,064 | 15,919,548 | |||
4.500%, 02/20/2049 | 664,134 | 636,667 | |||
5.500%, TBA (A) | 10,600,000 | 10,527,301 | |||
6.000%, 01/20/2053 | 5,377,131 | 5,502,785 | |||
533,292,571 | |||||
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $841,403,637) | $ | 823,651,220 | |||
FOREIGN GOVERNMENT OBLIGATIONS – 1.0% | |||||
Australia – 0.1% | |||||
Export Finance & Insurance Corp. 4.625%, 10/26/2027 (D) | 2,110,000 | 2,139,762 | |||
Chile – 0.1% | |||||
Republic of Chile 5.650%, 01/13/2037 | 840,000 | 851,424 | |||
Israel – 0.3% | |||||
State of Israel | |||||
3.875%, 07/03/2050 | 698,000 | 472,778 | |||
4.500%, 01/17/2033 | 353,000 | 329,660 | |||
5.375%, 02/19/2030 | 2,299,000 | 2,316,243 | |||
5.625%, 02/19/2035 | 1,430,000 | 1,412,225 | |||
5.750%, 03/12/2054 | 1,317,000 | 1,167,810 | |||
5,698,716 | |||||
Mexico – 0.3% | |||||
Government of Mexico | |||||
2.659%, 05/24/2031 | 630,000 | 534,492 | |||
3.500%, 02/12/2034 | 2,125,000 | 1,741,650 | |||
4.350%, 01/15/2047 | 452,000 | 311,631 | |||
4.400%, 02/12/2052 | 781,000 | 520,068 | |||
4.600%, 01/23/2046 | 813,000 | 587,075 | |||
4.600%, 02/10/2048 | 728,000 | 516,836 | |||
4.750%, 03/08/2044 | 818,000 | 616,077 | |||
4,827,829 | |||||
Paraguay – 0.1% | |||||
Republic of Paraguay | |||||
5.400%, 03/30/2050 (D) | 2,178,000 | 1,827,342 | |||
6.650%, 03/04/2055 (D) | 530,000 | 515,505 | |||
2,342,847 | |||||
Poland – 0.1% | |||||
Bank Gospodarstwa Krajowego 6.250%, 07/09/2054 (D) | 1,405,000 | 1,358,024 | |||
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $17,390,343) | $ | 17,218,602 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS – 25.7% | |||||
Communication services – 1.4% | |||||
Alphabet, Inc. | |||||
4.000%, 05/15/2030 | $ | 1,113,000 | $ | 1,101,624 | |
4.500%, 05/15/2035 | 2,415,000 | 2,345,569 | |||
5.250%, 05/15/2055 | 848,000 | 820,059 | |||
5.300%, 05/15/2065 | 848,000 | 811,957 | |||
AT&T, Inc. | |||||
3.500%, 06/01/2041 | 565,000 | 432,295 | |||
3.500%, 09/15/2053 | 877,000 | 582,753 | |||
3.550%, 09/15/2055 | 876,000 | 579,108 | |||
3.650%, 09/15/2059 | 554,000 | 364,023 | |||
3.800%, 12/01/2057 | 771,000 | 527,856 | |||
Charter Communications Operating LLC | |||||
3.500%, 06/01/2041 | 304,000 | 213,650 | |||
3.500%, 03/01/2042 | 1,485,000 | 1,027,023 | |||
3.900%, 06/01/2052 | 431,000 | 284,489 | |||
5.250%, 04/01/2053 | 727,000 | 599,274 | |||
5.500%, 04/01/2063 | 309,000 | 252,910 | |||
6.100%, 06/01/2029 | 1,553,000 | 1,616,675 | |||
Comcast Corp. | |||||
2.987%, 11/01/2063 | 662,000 | 364,462 | |||
4.049%, 11/01/2052 | 570,000 | 419,960 | |||
5.300%, 05/15/2035 | 1,495,000 | 1,498,076 | |||
5.350%, 05/15/2053 | 959,000 | 868,247 | |||
Meta Platforms, Inc. | |||||
5.400%, 08/15/2054 | 342,000 | 324,662 | |||
5.550%, 08/15/2064 | 1,641,000 | 1,570,240 | |||
Netflix, Inc. 5.400%, 08/15/2054 | 757,000 | 728,499 | |||
T-Mobile USA, Inc. | |||||
5.125%, 05/15/2032 | 1,290,000 | 1,301,208 | |||
5.300%, 05/15/2035 | 1,035,000 | 1,031,637 | |||
5.875%, 11/15/2055 | 619,000 | 602,844 | |||
Verizon Communications, Inc. | |||||
2.987%, 10/30/2056 | 886,000 | 518,805 | |||
5.250%, 04/02/2035 | 1,548,000 | 1,542,238 | |||
5.500%, 02/23/2054 (E) | 592,000 | 562,352 | |||
WarnerMedia Holdings, Inc. | |||||
5.050%, 03/15/2042 | 1,115,000 | 802,050 | |||
5.141%, 03/15/2052 | 496,000 | 321,536 | |||
24,016,081 | |||||
Consumer discretionary – 1.2% | |||||
Chevron USA, Inc. 4.980%, 04/15/2035 | 188,000 | 187,516 | |||
Dick's Sporting Goods, Inc. 4.100%, 01/15/2052 | 1,907,000 | 1,307,332 | |||
Ford Motor Credit Company LLC 2.900%, 02/10/2029 | 4,455,000 | 3,988,016 | |||
General Motors Financial Company, Inc. | |||||
2.700%, 06/10/2031 | 2,247,000 | 1,928,298 | |||
5.350%, 01/07/2030 | 631,000 | 631,436 | |||
5.450%, 07/15/2030 | 1,809,000 | 1,811,488 | |||
6.150%, 07/15/2035 | 904,000 | 906,158 | |||
Hyundai Capital America 5.150%, 03/27/2030 (D) | 1,902,000 | 1,902,295 | |||
Lowe's Companies, Inc. | |||||
3.500%, 04/01/2051 | 715,000 | 474,729 | |||
4.250%, 04/01/2052 | 1,316,000 | 998,510 | |||
McDonald's Corp. 6.300%, 03/01/2038 | 902,000 | 969,875 | |||
The Home Depot, Inc. | |||||
3.625%, 04/15/2052 | 575,000 | 407,386 | |||
4.750%, 06/25/2029 | 900,000 | 913,623 | |||
4.850%, 06/25/2031 | 597,000 | 606,726 | |||
Toyota Motor Credit Corp. 4.800%, 05/15/2030 | 1,291,000 | 1,298,748 |
8 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Consumer discretionary (continued) | |||||
Volkswagen Group of America Finance LLC | |||||
5.350%, 03/27/2030 (D) | $ | 1,577,000 | $ | 1,580,619 | |
5.800%, 03/27/2035 (D) | 1,202,000 | 1,188,251 | |||
21,101,006 | |||||
Consumer staples – 2.0% | |||||
Anheuser-Busch Companies LLC 4.700%, 02/01/2036 | 3,101,000 | 2,980,707 | |||
Anheuser-Busch InBev Worldwide, Inc. 5.450%, 01/23/2039 | 602,000 | 603,591 | |||
BAT Capital Corp. | |||||
4.390%, 08/15/2037 | 466,000 | 409,943 | |||
4.540%, 08/15/2047 | 1,249,000 | 985,967 | |||
5.625%, 08/15/2035 | 2,488,000 | 2,492,840 | |||
6.250%, 08/15/2055 | 885,000 | 872,255 | |||
7.081%, 08/02/2053 | 328,000 | 355,938 | |||
Bunge, Ltd. Finance Corp. | |||||
1.630%, 08/17/2025 | 607,000 | 602,859 | |||
4.200%, 09/17/2029 | 1,240,000 | 1,223,655 | |||
Imperial Brands Finance PLC 5.875%, 07/01/2034 (D) | 1,120,000 | 1,126,214 | |||
JBS USA LUX SA | |||||
3.000%, 05/15/2032 (E) | 1,165,000 | 1,001,411 | |||
3.625%, 01/15/2032 | 1,567,000 | 1,408,695 | |||
6.375%, 02/25/2055 (D) | 293,000 | 291,271 | |||
6.500%, 12/01/2052 | 916,000 | 928,295 | |||
7.250%, 11/15/2053 | 1,762,000 | 1,942,920 | |||
Kenvue, Inc. 4.850%, 05/22/2032 | 1,811,000 | 1,819,148 | |||
Ohio Edison Company 4.950%, 12/15/2029 (D) | 777,000 | 783,216 | |||
Philip Morris International, Inc. | |||||
4.125%, 04/28/2028 | 2,607,000 | 2,590,339 | |||
4.375%, 04/30/2030 | 2,207,000 | 2,180,328 | |||
4.875%, 04/30/2035 | 2,340,000 | 2,263,311 | |||
5.000%, 11/17/2025 | 1,249,000 | 1,251,162 | |||
Sysco Corp. 5.100%, 09/23/2030 | 1,499,000 | 1,520,210 | |||
The Coca-Cola Company 5.200%, 01/14/2055 | 288,000 | 269,546 | |||
The Kroger Company 5.500%, 09/15/2054 | 288,000 | 266,309 | |||
Tyson Foods, Inc. 5.150%, 08/15/2044 | 330,000 | 294,777 | |||
Walmart, Inc. | |||||
4.350%, 04/28/2030 | 2,097,000 | 2,104,674 | |||
4.900%, 04/28/2035 | 2,745,000 | 2,745,477 | |||
35,315,058 | |||||
Energy – 1.7% | |||||
Aker BP ASA | |||||
5.125%, 10/01/2034 (D)(E) | 2,260,000 | 2,119,650 | |||
5.800%, 10/01/2054 (D) | 274,000 | 239,808 | |||
ConocoPhillips Company | |||||
5.500%, 01/15/2055 | 818,000 | 754,184 | |||
5.550%, 03/15/2054 | 457,000 | 424,263 | |||
Devon Energy Corp. | |||||
5.200%, 09/15/2034 (E) | 2,007,000 | 1,900,417 | |||
5.750%, 09/15/2054 | 988,000 | 858,851 | |||
Diamondback Energy, Inc. | |||||
5.150%, 01/30/2030 | 1,113,000 | 1,126,400 | |||
5.200%, 04/18/2027 | 596,000 | 601,713 | |||
5.550%, 04/01/2035 | 1,543,000 | 1,522,030 | |||
5.750%, 04/18/2054 | 987,000 | 884,624 | |||
5.900%, 04/18/2064 | 300,000 | 268,453 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Energy (continued) | |||||
Energy Transfer LP | |||||
5.250%, 07/01/2029 | $ | 1,504,000 | $ | 1,528,643 | |
5.300%, 04/15/2047 | 602,000 | 511,675 | |||
5.700%, 04/01/2035 | 1,758,000 | 1,753,274 | |||
5.950%, 05/15/2054 | 2,421,000 | 2,210,941 | |||
6.000%, 02/01/2029 (D) | 1,091,000 | 1,104,860 | |||
6.200%, 04/01/2055 | 118,000 | 111,444 | |||
Equinor ASA 5.125%, 06/03/2035 | 1,037,000 | 1,039,702 | |||
Galaxy Pipeline Assets Bidco, Ltd. | |||||
2.160%, 03/31/2034 (D) | 952,398 | 834,530 | |||
2.625%, 03/31/2036 (D) | 817,000 | 682,026 | |||
Kinder Morgan, Inc. 5.150%, 06/01/2030 | 1,028,000 | 1,037,659 | |||
ONEOK, Inc. | |||||
5.050%, 11/01/2034 | 310,000 | 295,368 | |||
5.700%, 11/01/2054 | 1,289,000 | 1,152,038 | |||
5.850%, 11/01/2064 | 240,000 | 214,856 | |||
Petroleos Mexicanos 2.460%, 12/15/2025 | 340,100 | 334,620 | |||
Saudi Arabian Oil Company | |||||
4.750%, 06/02/2030 (D) | 2,191,000 | 2,183,393 | |||
6.375%, 06/02/2055 (D) | 2,594,000 | 2,542,120 | |||
TotalEnergies Capital SA | |||||
5.425%, 09/10/2064 | 309,000 | 280,305 | |||
5.638%, 04/05/2064 | 297,000 | 277,546 | |||
28,795,393 | |||||
Financials – 7.2% | |||||
American Express Company | |||||
4.731%, (4.371% to 4-25-28, then Overnight SOFR + 1.260%), 04/25/2029 | 2,246,000 | 2,258,526 | |||
5.016%, (5.016% to 4-25-30, then Overnight SOFR + 1.440%), 04/25/2031 | 2,084,000 | 2,107,645 | |||
5.085%, (5.085% to 1-30-30, then SOFR Compounded Index + 1.020%), 01/30/2031 | 815,000 | 827,369 | |||
5.442%, (5.442% to 1-30-35, then SOFR Compounded Index + 1.320%), 01/30/2036 | 1,066,000 | 1,073,035 | |||
5.667%, (5.667% to 4-25-35, then Overnight SOFR + 1.790%), 04/25/2036 | 782,000 | 798,478 | |||
Apollo Debt Solutions BDC 6.550%, 03/15/2032 (D) | 890,000 | 898,949 | |||
Apollo Global Management, Inc. 5.800%, 05/21/2054 | 366,000 | 350,406 | |||
Ares Management Corp. 5.600%, 10/11/2054 | 898,000 | 820,524 | |||
Ares Strategic Income Fund 6.200%, 03/21/2032 | 1,186,000 | 1,175,465 | |||
Bain Capital Specialty Finance, Inc. 5.950%, 03/15/2030 | 798,000 | 786,669 | |||
Bank of America Corp. | |||||
1.734%, (1.734% to 7-22-26, then Overnight SOFR + 0.960%), 07/22/2027 | 3,743,000 | 3,620,594 | |||
1.922%, (1.922% to 10-24-30, then Overnight SOFR + 1.370%), 10/24/2031 | 520,000 | 447,608 | |||
2.496%, (2.496% to 2-13-30, then 3 month CME Term SOFR + 1.252%), 02/13/2031 | 1,171,000 | 1,056,123 |
9 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Financials (continued) | |||||
Barclays PLC | |||||
5.367%, (5.367% to 2-25-30, then Overnight SOFR + 1.230%), 02/25/2031 | $ | 1,902,000 | $ | 1,918,450 | |
5.785%, (5.785% to 2-25-35, then Overnight SOFR + 1.590%), 02/25/2036 | 2,826,000 | 2,832,202 | |||
Blue Owl Credit Income Corp. 6.600%, 09/15/2029 | 1,185,000 | 1,210,758 | |||
BNP Paribas SA 5.906%, (5.906% to 11-19-34, then Overnight SOFR + 1.920%), 11/19/2035 (D) | 858,000 | 853,067 | |||
BPCE SA | |||||
5.389%, (5.389% to 5-28-30, then Overnight SOFR + 1.581%), 05/28/2031 (D) | 1,580,000 | 1,593,384 | |||
6.027%, (6.027% to 5-28-35, then Overnight SOFR + 1.956%), 05/28/2036 (D) | 1,340,000 | 1,359,886 | |||
Capital One Financial Corp. 6.051%, (6.051% to 2-1-34, then Overnight SOFR + 2.260%), 02/01/2035 | 2,306,000 | 2,366,495 | |||
Citibank NA | |||||
4.576%, 05/29/2027 | 4,517,000 | 4,523,431 | |||
4.914%, 05/29/2030 | 3,883,000 | 3,916,046 | |||
Citigroup, Inc. | |||||
4.542%, (4.542% to 9-19-29, then Overnight SOFR + 1.338%), 09/19/2030 | 975,000 | 962,997 | |||
4.786%, (4.786% to 3-4-28, then Overnight SOFR + 0.870%), 03/04/2029 | 2,098,000 | 2,100,853 | |||
5.333%, (5.333% to 3-27-35, then Overnight SOFR + 1.465%), 03/27/2036 | 2,115,000 | 2,086,164 | |||
5.612%, (5.612% to 3-4-55, then Overnight SOFR + 1.746%), 03/04/2056 | 1,441,000 | 1,372,882 | |||
5.827%, (5.827% to 2-13-34, then Overnight SOFR + 2.056%), 02/13/2035 | 655,000 | 653,320 | |||
6.020%, (6.020% to 1-24-35, then Overnight SOFR + 1.830%), 01/24/2036 | 3,244,000 | 3,263,117 | |||
6.174%, (6.174% to 5-25-33, then Overnight SOFR + 2.661%), 05/25/2034 | 587,000 | 601,506 | |||
Credit Agricole SA 5.222%, (5.222% to 5-27-30, then Overnight SOFR + 1.460%), 05/27/2031 (D) | 2,100,000 | 2,118,434 | |||
Deutsche Bank AG | |||||
3.742%, (3.742% to 1-7-32, then Overnight SOFR + 2.257%), 01/07/2033 | 3,015,000 | 2,653,922 | |||
5.297%, (5.297% to 5-9-30, then Overnight SOFR + 1.720%), 05/09/2031 | 2,071,000 | 2,073,863 | |||
FS KKR Capital Corp. 6.125%, 01/15/2030 | 1,694,000 | 1,668,003 | |||
Goldman Sachs Bank USA 5.414%, (5.414% to 5-21-26, then Overnight SOFR + 0.750%), 05/21/2027 | 1,500,000 | 1,510,533 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Financials (continued) | |||||
Goldman Sachs Private Credit Corp. 6.250%, 05/06/2030 (D) | $ | 1,200,000 | $ | 1,210,358 | |
HSBC Holdings PLC | |||||
4.899%, (4.899% to 3-3-28, then Overnight SOFR + 1.030%), 03/03/2029 | 2,531,000 | 2,536,754 | |||
5.130%, (5.130% to 3-3-30, then Overnight SOFR + 1.290%), 03/03/2031 | 2,531,000 | 2,537,433 | |||
5.790%, (5.790% to 5-13-35, then Overnight SOFR + 1.880%), 05/13/2036 | 2,481,000 | 2,498,316 | |||
5.874%, (5.874% to 11-18-34, then Overnight SOFR + 1.900%), 11/18/2035 | 1,868,000 | 1,851,099 | |||
ING Groep NV 5.525%, (5.525% to 3-25-35, then Overnight SOFR + 1.610%), 03/25/2036 | 2,109,000 | 2,103,882 | |||
JPMorgan Chase & Co. | |||||
2.522%, (2.522% to 4-22-30, then Overnight SOFR + 2.040%), 04/22/2031 | 1,807,000 | 1,630,706 | |||
5.294%, (5.294% to 7-22-34, then Overnight SOFR + 1.460%), 07/22/2035 | 921,000 | 919,239 | |||
5.572%, (5.572% to 4-22-35, then Overnight SOFR + 1.680%), 04/22/2036 | 432,000 | 439,525 | |||
Mitsubishi UFJ Financial Group, Inc. | |||||
5.159%, (5.159% to 4-24-30, then 1 Year CMT + 1.170%), 04/24/2031 | 2,084,000 | 2,112,777 | |||
5.615%, (5.615% to 4-24-35, then 1 Year CMT + 1.270%), 04/24/2036 | 1,830,000 | 1,858,761 | |||
Morgan Stanley | |||||
4.994%, (4.994% to 4-12-28, then Overnight SOFR + 1.380%), 04/12/2029 | 3,045,000 | 3,073,514 | |||
5.042%, (5.042% to 7-19-29, then Overnight SOFR + 1.215%), 07/19/2030 | 2,763,000 | 2,790,440 | |||
5.192%, (5.192% to 4-17-30, then Overnight SOFR + 1.510%), 04/17/2031 | 2,198,000 | 2,230,099 | |||
5.230%, (5.230% to 1-15-30, then Overnight SOFR + 1.108%), 01/15/2031 | 2,968,000 | 3,011,848 | |||
5.449%, (5.449% to 7-20-28, then Overnight SOFR + 1.630%), 07/20/2029 | 1,167,000 | 1,193,667 | |||
5.831%, (5.831% to 4-19-34, then Overnight SOFR + 1.580%), 04/19/2035 | 2,727,000 | 2,811,758 | |||
NatWest Group PLC 5.115%, (5.115% to 5-23-30, then 1 Year CMT + 1.050%), 05/23/2031 | 1,574,000 | 1,580,117 | |||
Oaktree Specialty Lending Corp. 6.340%, 02/27/2030 | 1,019,000 | 1,005,730 | |||
Santander Holdings USA, Inc. | |||||
5.741%, (5.741% to 3-20-30, then Overnight SOFR + 1.878%), 03/20/2031 | 774,000 | 782,034 | |||
6.342%, (6.342% to 5-31-34, then Overnight SOFR + 2.138%), 05/31/2035 | 944,000 | 966,379 |
10 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Financials (continued) | |||||
Societe Generale SA | |||||
7.132%, (7.132% to 1-19-54, then 1 Year CMT + 2.950%), 01/19/2055 (D) | $ | 616,000 | $ | 610,323 | |
7.367%, 01/10/2053 (D) | 334,000 | 341,858 | |||
State Street Corp. 4.729%, 02/28/2030 | 2,399,000 | 2,413,607 | |||
The Bank of New York Mellon Corp. 4.942%, (4.942% to 2-11-30, then Overnight SOFR + 0.887%), 02/11/2031 | 1,694,000 | 1,712,010 | |||
The Goldman Sachs Group, Inc. | |||||
4.692%, (4.692% to 10-23-29, then Overnight SOFR + 1.135%), 10/23/2030 | 1,794,000 | 1,787,571 | |||
5.049%, (5.049% to 7-23-29, then Overnight SOFR + 1.210%), 07/23/2030 | 926,000 | 933,910 | |||
5.207%, (5.207% to 1-28-30, then Overnight SOFR + 1.078%), 01/28/2031 | 2,369,000 | 2,402,226 | |||
5.218%, (5.218% to 4-23-30, then Overnight SOFR + 1.580%), 04/23/2031 | 3,648,000 | 3,701,170 | |||
5.330%, (5.330% to 7-23-34, then Overnight SOFR + 1.550%), 07/23/2035 | 1,843,000 | 1,827,381 | |||
5.734%, (5.734% to 1-28-55, then Overnight SOFR + 1.696%), 01/28/2056 | 844,000 | 820,282 | |||
The PNC Financial Services Group, Inc. 4.812%, (4.812% to 10-21-31, then Overnight SOFR + 1.259%), 10/21/2032 | 1,376,000 | 1,358,838 | |||
UBS Group AG 5.379%, (5.379% to 9-6-44, then 1 Year SOFR ICE Swap Rate + 1.860%), 09/06/2045 (D) | 1,347,000 | 1,266,772 | |||
Wells Fargo & Company | |||||
4.897%, (4.897% to 7-25-32, then Overnight SOFR + 2.100%), 07/25/2033 | 930,000 | 914,038 | |||
4.970%, (4.970% to 4-23-28, then Overnight SOFR + 1.370%), 04/23/2029 | 3,085,000 | 3,107,960 | |||
5.150%, (5.150% to 4-23-30, then Overnight SOFR + 1.500%), 04/23/2031 | 2,599,000 | 2,630,113 | |||
5.211%, (5.211% to 12-3-34, then Overnight SOFR + 1.380%), 12/03/2035 | 964,000 | 945,398 | |||
5.574%, (5.574% to 7-25-28, then Overnight SOFR + 1.740%), 07/25/2029 | 587,000 | 602,196 | |||
5.707%, (5.707% to 4-22-27, then Overnight SOFR + 1.070%), 04/22/2028 | 934,000 | 951,257 | |||
6.303%, (6.303% to 10-23-28, then Overnight SOFR + 1.790%), 10/23/2029 | 597,000 | 626,486 | |||
125,958,536 | |||||
Health care – 2.7% | |||||
AbbVie, Inc. | |||||
3.200%, 11/21/2029 | 2,199,000 | 2,085,835 | |||
4.050%, 11/21/2039 | 625,000 | 533,655 | |||
4.250%, 11/21/2049 | 2,170,000 | 1,738,540 | |||
4.500%, 05/14/2035 | 92,000 | 87,482 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Health care (continued) | |||||
AbbVie, Inc. (continued) | |||||
4.550%, 03/15/2035 | $ | 259,000 | $ | 247,271 | |
4.800%, 03/15/2027 | 1,491,000 | 1,505,113 | |||
4.875%, 03/15/2030 | 1,200,000 | 1,219,373 | |||
4.950%, 03/15/2031 | 895,000 | 909,524 | |||
5.050%, 03/15/2034 | 1,491,000 | 1,495,330 | |||
5.200%, 03/15/2035 | 1,393,000 | 1,399,183 | |||
5.600%, 03/15/2055 | 137,000 | 133,581 | |||
Alcon Finance Corp. 5.375%, 12/06/2032 (D) | 2,268,000 | 2,294,407 | |||
Amgen, Inc. | |||||
5.600%, 03/02/2043 | 860,000 | 834,598 | |||
5.650%, 03/02/2053 | 272,000 | 258,923 | |||
CommonSpirit Health 3.347%, 10/01/2029 | 553,000 | 522,266 | |||
CVS Health Corp. | |||||
4.780%, 03/25/2038 | 654,000 | 581,228 | |||
5.050%, 03/25/2048 | 2,708,000 | 2,257,802 | |||
5.550%, 06/01/2031 | 1,183,000 | 1,209,080 | |||
5.700%, 06/01/2034 | 1,215,000 | 1,221,945 | |||
6.050%, 06/01/2054 | 1,185,000 | 1,117,554 | |||
Elevance Health, Inc. | |||||
4.750%, 02/15/2030 | 1,021,000 | 1,025,748 | |||
4.950%, 11/01/2031 | 915,000 | 915,865 | |||
5.150%, 06/15/2029 | 1,301,000 | 1,325,919 | |||
5.700%, 02/15/2055 | 285,000 | 267,976 | |||
Eli Lilly & Company | |||||
4.200%, 08/14/2029 | 1,874,000 | 1,871,037 | |||
4.600%, 08/14/2034 | 1,544,000 | 1,505,185 | |||
4.700%, 02/09/2034 | 1,185,000 | 1,166,292 | |||
4.900%, 02/12/2032 | 451,000 | 457,993 | |||
5.050%, 08/14/2054 | 144,000 | 131,471 | |||
5.100%, 02/12/2035 | 644,000 | 647,971 | |||
5.100%, 02/09/2064 | 595,000 | 535,969 | |||
5.500%, 02/12/2055 | 746,000 | 729,738 | |||
5.600%, 02/12/2065 | 823,000 | 805,389 | |||
Gilead Sciences, Inc. 4.000%, 09/01/2036 | 603,000 | 541,417 | |||
HCA, Inc. | |||||
3.625%, 03/15/2032 | 952,000 | 863,765 | |||
5.250%, 06/15/2049 | 766,000 | 662,500 | |||
5.500%, 03/01/2032 | 2,043,000 | 2,067,702 | |||
5.900%, 06/01/2053 | 447,000 | 418,378 | |||
6.200%, 03/01/2055 | 1,343,000 | 1,311,303 | |||
Merck & Company, Inc. 2.350%, 06/24/2040 | 500,000 | 341,414 | |||
Pfizer Investment Enterprises Pte, Ltd. 5.300%, 05/19/2053 | 146,000 | 133,819 | |||
Stryker Corp. 4.850%, 02/10/2030 | 1,685,000 | 1,702,250 | |||
UnitedHealth Group, Inc. | |||||
3.050%, 05/15/2041 | 277,000 | 197,203 | |||
4.600%, 04/15/2027 | 1,232,000 | 1,234,603 | |||
5.150%, 07/15/2034 (E) | 1,256,000 | 1,239,544 | |||
5.500%, 07/15/2044 | 721,000 | 677,935 | |||
5.625%, 07/15/2054 | 726,000 | 678,549 | |||
5.750%, 07/15/2064 | 636,000 | 593,601 | |||
5.875%, 02/15/2053 | 1,518,000 | 1,465,334 | |||
47,168,560 | |||||
Industrials – 2.5% | |||||
Burlington Northern Santa Fe LLC | |||||
4.450%, 01/15/2053 | 235,000 | 194,103 | |||
5.200%, 04/15/2054 | 625,000 | 580,265 | |||
Caterpillar Financial Services Corp. | |||||
4.375%, 08/16/2029 (E) | 1,229,000 | 1,229,129 |
11 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Industrials (continued) | |||||
Caterpillar Financial Services Corp. (continued) | |||||
4.450%, 10/16/2026 | $ | 1,229,000 | $ | 1,232,331 | |
4.850%, 02/27/2029 | 1,183,000 | 1,203,805 | |||
5.000%, 05/14/2027 | 1,794,000 | 1,819,337 | |||
Caterpillar, Inc. 5.200%, 05/15/2035 | 1,962,000 | 1,969,038 | |||
Crowley Conro LLC 4.181%, 08/15/2043 | 675,803 | 590,541 | |||
Deere & Company | |||||
5.450%, 01/16/2035 | 2,693,000 | 2,759,056 | |||
5.700%, 01/19/2055 | 1,245,000 | 1,253,357 | |||
Delta Air Lines, Inc. 4.750%, 10/20/2028 (D) | 1,941,000 | 1,933,483 | |||
Eaton Capital ULC 4.450%, 05/09/2030 | 799,000 | 796,088 | |||
Embraer Netherlands Finance BV 5.980%, 02/11/2035 | 1,555,000 | 1,570,643 | |||
General Dynamics Corp. 4.950%, 08/15/2035 | 1,159,000 | 1,140,241 | |||
Howmet Aerospace, Inc. 4.850%, 10/15/2031 | 799,000 | 798,775 | |||
John Deere Capital Corp. | |||||
4.150%, 09/15/2027 | 1,176,000 | 1,173,664 | |||
4.500%, 01/08/2027 | 1,483,000 | 1,490,375 | |||
4.650%, 01/07/2028 | 1,044,000 | 1,057,549 | |||
4.850%, 06/11/2029 | 195,000 | 198,718 | |||
5.150%, 09/08/2026 | 1,097,000 | 1,109,025 | |||
Lockheed Martin Corp. | |||||
5.200%, 02/15/2055 | 450,000 | 413,528 | |||
5.200%, 02/15/2064 | 423,000 | 380,302 | |||
Northrop Grumman Corp. | |||||
4.650%, 07/15/2030 | 859,000 | 861,575 | |||
5.250%, 07/15/2035 | 798,000 | 800,688 | |||
Rollins, Inc. 5.250%, 02/24/2035 (D) | 720,000 | 714,408 | |||
Siemens Funding BV | |||||
4.350%, 05/26/2028 (D) | 1,957,000 | 1,961,188 | |||
4.600%, 05/28/2030 (D) | 1,306,000 | 1,308,084 | |||
4.900%, 05/28/2032 (D) | 1,573,000 | 1,578,521 | |||
5.200%, 05/28/2035 (D) | 1,573,000 | 1,578,820 | |||
5.800%, 05/28/2055 (D) | 798,000 | 808,119 | |||
The Boeing Company | |||||
5.805%, 05/01/2050 | 1,040,000 | 973,888 | |||
6.858%, 05/01/2054 | 623,000 | 664,435 | |||
Uber Technologies, Inc. | |||||
4.800%, 09/15/2034 | 1,518,000 | 1,464,832 | |||
5.350%, 09/15/2054 | 712,000 | 646,631 | |||
Union Pacific Corp. | |||||
2.375%, 05/20/2031 (E) | 561,000 | 497,775 | |||
2.800%, 02/14/2032 | 760,000 | 675,863 | |||
United Parcel Service, Inc. | |||||
5.250%, 05/14/2035 | 1,033,000 | 1,032,327 | |||
5.950%, 05/14/2055 | 929,000 | 924,533 | |||
6.050%, 05/14/2065 | 1,188,000 | 1,180,601 | |||
42,565,641 | |||||
Information technology – 2.8% | |||||
Accenture Capital, Inc. | |||||
4.250%, 10/04/2031 | 2,391,000 | 2,347,716 | |||
4.500%, 10/04/2034 | 1,315,000 | 1,263,408 | |||
Apple, Inc. | |||||
2.375%, 02/08/2041 | 429,000 | 293,814 | |||
2.650%, 05/11/2050 | 467,000 | 285,216 | |||
2.650%, 02/08/2051 | 361,000 | 219,017 | |||
3.950%, 08/08/2052 | 1,128,000 | 879,043 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Information technology (continued) | |||||
Apple, Inc. (continued) | |||||
4.000%, 05/12/2028 | $ | 896,000 | $ | 895,270 | |
4.200%, 05/12/2030 | 1,546,000 | 1,541,622 | |||
Broadcom, Inc. | |||||
2.450%, 02/15/2031 (D) | 922,000 | 815,171 | |||
3.150%, 11/15/2025 | 691,000 | 686,496 | |||
4.150%, 02/15/2028 | 1,467,000 | 1,459,812 | |||
4.550%, 02/15/2032 | 1,495,000 | 1,463,843 | |||
4.800%, 10/15/2034 | 2,093,000 | 2,037,903 | |||
4.926%, 05/15/2037 (D) | 842,000 | 802,259 | |||
5.050%, 07/12/2029 | 2,151,000 | 2,189,520 | |||
5.150%, 11/15/2031 | 3,809,000 | 3,877,686 | |||
Cadence Design Systems, Inc. | |||||
4.200%, 09/10/2027 | 1,114,000 | 1,109,933 | |||
4.300%, 09/10/2029 | 3,094,000 | 3,072,951 | |||
4.700%, 09/10/2034 | 1,696,000 | 1,649,101 | |||
Foundry JV Holdco LLC | |||||
5.500%, 01/25/2031 (D) | 1,049,000 | 1,062,559 | |||
5.900%, 01/25/2033 (D) | 512,000 | 522,518 | |||
6.100%, 01/25/2036 (D) | 560,000 | 568,730 | |||
6.200%, 01/25/2037 (D) | 915,000 | 935,127 | |||
6.300%, 01/25/2039 (D) | 775,000 | 795,693 | |||
Hewlett Packard Enterprise Company 5.600%, 10/15/2054 | 640,000 | 597,311 | |||
Intel Corp. | |||||
2.800%, 08/12/2041 | 506,000 | 329,902 | |||
3.250%, 11/15/2049 | 297,000 | 181,087 | |||
5.600%, 02/21/2054 | 297,000 | 263,758 | |||
5.625%, 02/10/2043 | 338,000 | 310,721 | |||
5.700%, 02/10/2053 | 548,000 | 491,763 | |||
5.900%, 02/10/2063 | 443,000 | 400,991 | |||
KLA Corp. | |||||
3.300%, 03/01/2050 | 483,000 | 326,259 | |||
4.700%, 02/01/2034 | 1,190,000 | 1,167,892 | |||
Micron Technology, Inc. | |||||
5.650%, 11/01/2032 | 770,000 | 782,458 | |||
6.050%, 11/01/2035 | 2,106,000 | 2,147,517 | |||
NetApp, Inc. 5.500%, 03/17/2032 | 1,618,000 | 1,639,408 | |||
Oracle Corp. | |||||
4.000%, 07/15/2046 | 1,023,000 | 765,929 | |||
5.375%, 09/27/2054 | 140,000 | 124,167 | |||
6.000%, 08/03/2055 | 1,138,000 | 1,103,324 | |||
Synopsys, Inc. | |||||
4.650%, 04/01/2028 | 899,000 | 904,433 | |||
4.850%, 04/01/2030 | 1,286,000 | 1,298,402 | |||
5.000%, 04/01/2032 | 1,029,000 | 1,030,818 | |||
5.700%, 04/01/2055 | 257,000 | 245,351 | |||
Texas Instruments, Inc. | |||||
4.500%, 05/23/2030 | 1,294,000 | 1,297,901 | |||
5.000%, 03/14/2053 | 704,000 | 629,507 | |||
5.100%, 05/23/2035 | 1,294,000 | 1,299,094 | |||
5.150%, 02/08/2054 | 595,000 | 545,451 | |||
48,657,852 | |||||
Materials – 0.6% | |||||
CRH America Finance, Inc. 5.500%, 01/09/2035 | 1,004,000 | 1,011,717 | |||
CRH SMW Finance DAC 5.125%, 01/09/2030 | 1,004,000 | 1,019,971 | |||
Glencore Funding LLC | |||||
5.186%, 04/01/2030 (D) | 1,793,000 | 1,813,392 | |||
5.634%, 04/04/2034 (D) | 695,000 | 699,010 | |||
5.673%, 04/01/2035 (D) | 1,623,000 | 1,627,375 | |||
6.141%, 04/01/2055 (D) | 609,000 | 596,935 |
12 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Materials (continued) | |||||
Newmont Corp. 5.350%, 03/15/2034 | $ | 876,000 | $ | 884,621 | |
The Dow Chemical Company | |||||
5.350%, 03/15/2035 | 1,544,000 | 1,497,253 | |||
5.950%, 03/15/2055 | 515,000 | 477,736 | |||
9,628,010 | |||||
Real estate – 1.2% | |||||
Agree LP | |||||
2.000%, 06/15/2028 | 919,000 | 853,064 | |||
2.600%, 06/15/2033 | 251,000 | 204,599 | |||
4.800%, 10/01/2032 | 553,000 | 536,854 | |||
5.600%, 06/15/2035 | 901,000 | 904,054 | |||
American Homes 4 Rent LP | |||||
3.625%, 04/15/2032 | 1,015,000 | 921,397 | |||
4.300%, 04/15/2052 | 455,000 | 344,493 | |||
4.950%, 06/15/2030 | 777,000 | 776,414 | |||
5.500%, 07/15/2034 | 413,000 | 411,302 | |||
Brixmor Operating Partnership LP 2.500%, 08/16/2031 | 971,000 | 834,968 | |||
CBRE Services, Inc. 5.500%, 06/15/2035 | 779,000 | 767,607 | |||
Crown Castle, Inc. | |||||
2.100%, 04/01/2031 | 998,000 | 843,082 | |||
5.800%, 03/01/2034 | 902,000 | 920,701 | |||
Essex Portfolio LP | |||||
2.550%, 06/15/2031 | 524,000 | 460,218 | |||
5.500%, 04/01/2034 | 618,000 | 620,908 | |||
Invitation Homes Operating Partnership LP | |||||
2.000%, 08/15/2031 | 175,000 | 146,511 | |||
4.150%, 04/15/2032 | 1,010,000 | 940,896 | |||
4.875%, 02/01/2035 | 897,000 | 853,476 | |||
Kimco Realty OP LLC 4.850%, 03/01/2035 | 808,000 | 775,715 | |||
Realty Income Corp. | |||||
2.100%, 03/15/2028 | 569,000 | 534,725 | |||
2.850%, 12/15/2032 | 735,000 | 634,468 | |||
3.400%, 01/15/2030 | 608,000 | 575,897 | |||
4.900%, 07/15/2033 | 874,000 | 858,123 | |||
5.125%, 04/15/2035 | 776,000 | 767,117 | |||
Regency Centers LP | |||||
2.950%, 09/15/2029 | 1,390,000 | 1,304,097 | |||
5.000%, 07/15/2032 | 878,000 | 876,407 | |||
5.250%, 01/15/2034 | 1,192,000 | 1,193,198 | |||
Store Capital LLC | |||||
2.700%, 12/01/2031 | 353,000 | 295,342 | |||
2.750%, 11/18/2030 | 898,000 | 781,530 | |||
5.400%, 04/30/2030 (D) | 603,000 | 600,433 | |||
Sun Communities Operating LP 4.200%, 04/15/2032 | 1,115,000 | 1,042,601 | |||
21,580,197 | |||||
Utilities – 2.4% | |||||
Alabama Power Company 5.100%, 04/02/2035 | 834,000 | 828,041 | |||
American Transmission Systems, Inc. 2.650%, 01/15/2032 (D) | 366,000 | 317,322 | |||
Baltimore Gas and Electric Company | |||||
2.250%, 06/15/2031 | 786,000 | 689,329 | |||
5.450%, 06/01/2035 | 1,033,000 | 1,039,923 | |||
CenterPoint Energy Houston Electric LLC 3.600%, 03/01/2052 | 581,000 | 407,275 | |||
Chile Electricity Lux MPC II Sarl | |||||
5.580%, 10/20/2035 (D) | 757,566 | 752,561 | |||
5.672%, 10/20/2035 (D) | 1,189,000 | 1,185,017 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Utilities (continued) | |||||
Consolidated Edison Company of New York, Inc. | |||||
3.200%, 12/01/2051 | $ | 176,000 | $ | 112,889 | |
5.375%, 05/15/2034 | 905,000 | 920,523 | |||
5.500%, 03/15/2034 | 1,502,000 | 1,542,632 | |||
5.500%, 03/15/2055 (E) | 1,056,000 | 993,042 | |||
5.700%, 05/15/2054 | 603,000 | 584,499 | |||
Consumers Energy Company | |||||
4.500%, 01/15/2031 | 1,541,000 | 1,530,492 | |||
5.050%, 05/15/2035 | 1,139,000 | 1,132,215 | |||
DTE Electric Company | |||||
2.950%, 03/01/2050 | 918,000 | 582,493 | |||
3.650%, 03/01/2052 | 421,000 | 301,451 | |||
5.250%, 05/15/2035 | 540,000 | 539,899 | |||
Duke Energy Carolinas LLC | |||||
2.550%, 04/15/2031 | 359,000 | 319,615 | |||
2.850%, 03/15/2032 (E) | 977,000 | 863,363 | |||
3.550%, 03/15/2052 | 711,000 | 493,430 | |||
5.250%, 03/15/2035 | 858,000 | 862,086 | |||
5.350%, 01/15/2053 | 689,000 | 636,789 | |||
Duke Energy Corp. 3.500%, 06/15/2051 | 487,000 | 320,542 | |||
Duke Energy Florida LLC 2.400%, 12/15/2031 | 784,000 | 681,865 | |||
Duke Energy Progress LLC | |||||
2.500%, 08/15/2050 | 793,000 | 446,479 | |||
3.700%, 10/15/2046 | 179,000 | 131,231 | |||
Entergy Arkansas LLC | |||||
2.650%, 06/15/2051 | 708,000 | 401,905 | |||
5.150%, 01/15/2033 | 1,180,000 | 1,188,397 | |||
Entergy Mississippi LLC 5.800%, 04/15/2055 | 769,000 | 743,545 | |||
Exelon Corp. 5.875%, 03/15/2055 | 1,184,000 | 1,143,419 | |||
FirstEnergy Pennsylvania Electric Company | |||||
3.250%, 03/15/2028 (D) | 766,000 | 738,200 | |||
4.300%, 01/15/2029 (D) | 925,000 | 910,343 | |||
5.200%, 04/01/2028 (D) | 605,000 | 614,901 | |||
Georgia Power Company 5.200%, 03/15/2035 | 309,000 | 307,507 | |||
Jersey Central Power & Light Company | |||||
2.750%, 03/01/2032 (D) | 864,000 | 747,436 | |||
5.100%, 01/15/2035 | 700,000 | 685,034 | |||
MidAmerican Energy Company 2.700%, 08/01/2052 | 681,000 | 405,120 | |||
Mississippi Power Company | |||||
3.100%, 07/30/2051 | 943,000 | 599,189 | |||
4.250%, 03/15/2042 (E) | 400,000 | 330,345 | |||
Northern States Power Company | |||||
5.050%, 05/15/2035 | 1,285,000 | 1,281,598 | |||
5.400%, 03/15/2054 | 476,000 | 447,460 | |||
NSTAR Electric Company | |||||
5.200%, 03/01/2035 | 463,000 | 458,288 | |||
5.400%, 06/01/2034 | 908,000 | 915,448 | |||
Oncor Electric Delivery Company LLC | |||||
5.350%, 04/01/2035 (D) | 723,000 | 724,255 | |||
5.800%, 04/01/2055 (D) | 844,000 | 819,511 | |||
Pacific Gas & Electric Company | |||||
3.500%, 08/01/2050 | 298,000 | 188,688 | |||
3.950%, 12/01/2047 | 1,785,000 | 1,234,483 | |||
4.200%, 06/01/2041 | 457,000 | 346,286 | |||
4.950%, 07/01/2050 | 2,246,000 | 1,781,962 | |||
PECO Energy Company 2.850%, 09/15/2051 | 949,000 | 576,571 |
13 |
Shares or Principal Amount | Value | ||||
CORPORATE BONDS (continued) | |||||
Utilities (continued) | |||||
PPL Capital Funding, Inc. 5.250%, 09/01/2034 | $ | 547,000 | $ | 541,515 | |
Public Service Company of Oklahoma 3.150%, 08/15/2051 | 532,000 | 326,540 | |||
Public Service Electric & Gas Company | |||||
1.900%, 08/15/2031 | 1,351,000 | 1,154,616 | |||
2.050%, 08/01/2050 | 218,000 | 111,941 | |||
2.700%, 05/01/2050 | 368,000 | 221,311 | |||
5.050%, 03/01/2035 | 908,000 | 904,301 | |||
5.500%, 03/01/2055 | 360,000 | 345,468 | |||
San Diego Gas & Electric Company 5.400%, 04/15/2035 | 619,000 | 620,832 | |||
Sempra 6.550%, (6.550% to 4-1-35, then 5 Year CMT + 2.138%), 04/01/2055 (E) | 172,000 | 160,935 | |||
Southern California Edison Company 4.125%, 03/01/2048 | 592,000 | 418,576 | |||
Trans-Allegheny Interstate Line Company 5.000%, 01/15/2031 (D) | 1,121,000 | 1,129,642 | |||
Virginia Electric & Power Company 2.950%, 11/15/2051 | 786,000 | 474,994 | |||
42,215,565 | |||||
TOTAL CORPORATE BONDS (Cost $453,753,988) | $ | 447,001,899 | |||
MUNICIPAL BONDS – 0.2% | |||||
Board of Regents of the University of Texas System 2.439%, 08/15/2049 | 600,000 | 351,715 | |||
County of Clark Department of Aviation (Nevada) 6.820%, 07/01/2045 | 1,115,000 | 1,225,899 | |||
North Texas Tollway Authority 6.718%, 01/01/2049 | 459,000 | 496,425 | |||
Ohio State University 4.800%, 06/01/2111 | 600,000 | 485,614 | |||
Port Authority of New York & New Jersey 4.458%, 10/01/2062 | 1,010,000 | 817,034 | |||
TOTAL MUNICIPAL BONDS (Cost $4,182,716) | $ | 3,376,687 | |||
COLLATERALIZED MORTGAGE OBLIGATIONS – 16.7% | |||||
Commercial and residential – 1.8% | |||||
Angel Oak Mortgage Trust LLC | |||||
Series 2020-2, Class A1A, 2.531%, 01/26/2065 (D)(F) | 164,446 | 154,913 | |||
Series 2020-5, Class A1, 1.373%, 05/25/2065 (D)(F) | 108,233 | 103,561 | |||
Series 2021-6, Class A1, 1.458%, 09/25/2066 (D)(F) | 692,382 | 580,236 | |||
BANK | |||||
Series 2022-BNK44, Class A5, 5.744%, 11/15/2055 (F) | 687,000 | 713,584 | |||
Series 2025-BNK49, Class A5, 5.623%, 03/15/2058 (F) | 578,000 | 594,984 | |||
BANK5 Trust Series 2025-5YR13, Class A3 5.753%, 01/15/2058 (F) | 287,000 | 296,855 | |||
BBCMS Mortgage Trust | |||||
Series 2018-C2, Class ASB, 4.236%, 12/15/2051 | 239,150 | 237,986 | |||
Series 2022-C17, Class A5, 4.441%, 09/15/2055 | 1,366,000 | 1,307,793 | |||
Series 2025-5C33, Class A4, 5.839%, 03/15/2058 | 3,537,000 | 3,680,220 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
Commercial and residential (continued) | |||||
BBCMS Mortgage Trust (continued) | |||||
Series 2025-5C34, Class A3, 5.659%, 05/15/2058 | $ | 777,000 | $ | 803,110 | |
Benchmark Mortgage Trust Series 2025-V15, Class A3 5.805%, 05/15/2030 (A) | 1,144,000 | 1,187,855 | |||
BMO Mortgage Trust | |||||
Series 2025-5C10, Class A3, 5.578%, 05/15/2058 | 858,000 | 884,836 | |||
Series 2025-C11, Class A5, 5.687%, 02/15/2058 | 853,000 | 879,437 | |||
Series 2025-C12, Class A5, 5.871%, 06/15/2058 (A) | 572,000 | 597,480 | |||
Bunker Hill Loan Depositary Trust Series 2019-2, Class A1 2.879%, 07/25/2049 (D) | 322,011 | 313,093 | |||
BX Commercial Mortgage Trust Series 2021-VOLT, Class A (1 month CME Term SOFR + 0.814%) 5.143%, 09/15/2036 (B)(D) | 4,003,000 | 3,982,985 | |||
COLT Mortgage Loan Trust | |||||
Series 2021-2, Class A1, 0.924%, 08/25/2066 (D)(F) | 890,449 | 742,569 | |||
Series 2021-4, Class A1, 1.397%, 10/25/2066 (D)(F) | 958,723 | 811,855 | |||
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) Series 2015-LC23, Class A3 3.521%, 10/10/2048 | 567,503 | 565,456 | |||
GS Mortgage Securities Trust Series 2020-GSA2, Class A4 1.721%, 12/12/2053 | 1,786,000 | 1,555,708 | |||
Impact Funding Affordable Multifamily Housing Mortgage Loan Trust Series 2010-1, Class A1 5.314%, 01/25/2051 (D) | 64,576 | 64,224 | |||
JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-JP4, Class A3 3.393%, 12/15/2049 | 314,000 | 308,524 | |||
MFA Trust Series 2021-NQM2, Class A1 1.029%, 11/25/2064 (D)(F) | 344,901 | 301,226 | |||
Morgan Stanley Bank of America Merrill Lynch Trust Series 2025-5C1, Class A3 5.635%, 03/15/2058 | 400,000 | 412,793 | |||
Morgan Stanley Capital I Trust Series 2020-HR8, Class A3 1.790%, 07/15/2053 | 658,677 | 570,038 | |||
New Residential Mortgage Loan Trust Series 2019-NQM4, Class A1 2.492%, 09/25/2059 (D)(F) | 244,050 | 231,901 | |||
Starwood Mortgage Residential Trust | |||||
Series 2020-3, Class A1, 1.486%, 04/25/2065 (D)(F) | 299,772 | 285,750 | |||
Series 2020-INV1, Class A1, 1.027%, 11/25/2055 (D)(F) | 252,095 | 237,166 | |||
Series 2021-1, Class A1, 1.219%, 05/25/2065 (D)(F) | 418,760 | 390,182 | |||
Series 2021-4, Class A1, 1.162%, 08/25/2056 (D)(F) | 794,476 | 691,219 |
14 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
Commercial and residential (continued) | |||||
SWCH Commercial Mortgage Trust Series 2025-DATA, Class A (1 month CME Term SOFR + 1.443%) 5.772%, 02/15/2042 (B)(D) | $ | 1,477,000 | $ | 1,464,076 | |
Verus Securitization Trust | |||||
Series 2019-INV3, Class A1, 3.692%, 11/25/2059 (D)(F) | 171,423 | 169,505 | |||
Series 2021-1, Class A1, 0.815%, 01/25/2066 (D)(F) | 571,960 | 504,835 | |||
Series 2021-3, Class A1, 1.046%, 06/25/2066 (D)(F) | 636,826 | 541,898 | |||
Series 2021-4, Class A1, 0.938%, 07/25/2066 (D)(F) | 795,704 | 655,246 | |||
Series 2021-5, Class A1, 1.013%, 09/25/2066 (D)(F) | 2,000,903 | 1,707,575 | |||
Series 2021-7, Class A1 (1.829% to 11-1-25, then 2.829% thereafter), 1.829%, 10/25/2066 (D)(F) | 823,988 | 736,286 | |||
Series 2021-8, Class A1, 1.824%, 11/25/2066 (D)(F) | 813,445 | 737,180 | |||
Series 2021-R1, Class A1, 0.820%, 10/25/2063 (D)(F) | 334,643 | 321,691 | |||
Series 2021-R3, Class A1, 1.020%, 04/25/2064 (D)(F) | 305,761 | 289,206 | |||
Wells Fargo Commercial Mortgage Trust Series 2025-C64, Class A5 5.645%, 02/15/2058 | 574,000 | 592,463 | |||
31,207,500 | |||||
U.S. Government Agency – 14.9% | |||||
Federal Home Loan Mortgage Corp. | |||||
Series 264, Class 30, 3.000%, 07/15/2042 | 1,351,129 | 1,225,349 | |||
Series 271, Class F5 (30 day Average SOFR + 0.614%), 4.947%, 08/15/2042 (B) | 509,421 | 500,216 | |||
Series 272, Class F1 (30 day Average SOFR + 0.614%), 4.947%, 08/15/2042 (B) | 790,548 | 776,308 | |||
Series 280, Class F1 (30 day Average SOFR + 0.614%), 4.947%, 09/15/2042 (B) | 801,328 | 786,820 | |||
Series 326, Class F2 (30 day Average SOFR + 0.664%), 4.997%, 03/15/2044 (B) | 656,610 | 651,749 | |||
Series 3693, Class FC (30 day Average SOFR + 0.614%), 4.947%, 07/15/2040 (B) | 434,409 | 429,066 | |||
Series 3919, Class FA (30 day Average SOFR + 0.614%), 4.947%, 09/15/2041 (B) | 422,123 | 416,589 | |||
Series 3958, Class AF (30 day Average SOFR + 0.564%), 4.897%, 11/15/2041 (B) | 392,899 | 387,165 | |||
Series 3975, Class FA (30 day Average SOFR + 0.604%), 4.937%, 12/15/2041 (B) | 366,816 | 362,329 | |||
Series 3990, Class FG (30 day Average SOFR + 0.564%), 4.897%, 01/15/2042 (B) | 460,160 | 453,742 | |||
Series 4059, Class FP (30 day Average SOFR + 0.564%), 4.897%, 06/15/2042 (B) | 523,133 | 515,006 | |||
Series 4091, Class BX, 3.250%, 10/15/2041 | 858,168 | 798,074 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal Home Loan Mortgage Corp. (continued) | |||||
Series 4091, Class EX, 3.375%, 07/15/2042 | $ | 555,543 | $ | 517,125 | |
Series 4091, Class FN (30 day Average SOFR + 0.514%), 4.847%, 08/15/2042 (B) | 510,905 | 501,364 | |||
Series 4091, Class MX, 3.250%, 02/15/2042 | 649,751 | 600,707 | |||
Series 4117, Class HB, 2.500%, 10/15/2042 | 591,944 | 521,830 | |||
Series 4122, Class FP (30 day Average SOFR + 0.514%), 4.847%, 10/15/2042 (B) | 562,186 | 550,561 | |||
Series 4160, Class HP, 2.500%, 01/15/2033 | 562,083 | 536,197 | |||
Series 4184, Class FN (30 day Average SOFR + 0.464%), 4.797%, 03/15/2043 (B) | 302,822 | 296,694 | |||
Series 4205, Class PA, 1.750%, 05/15/2043 | 674,389 | 575,170 | |||
Series 4240, Class FA (30 day Average SOFR + 0.614%), 4.947%, 08/15/2043 (B) | 1,448,540 | 1,421,312 | |||
Series 4281, Class FA (30 day Average SOFR + 0.514%), 4.847%, 12/15/2043 (B) | 238,797 | 236,043 | |||
Series 4286, Class VF (30 day Average SOFR + 0.564%), 4.897%, 12/15/2043 (B) | 1,189,581 | 1,167,303 | |||
Series 4303, Class FA (30 day Average SOFR + 0.464%), 4.797%, 02/15/2044 (B) | 427,111 | 417,211 | |||
Series 4427, Class CE, 3.000%, 02/15/2034 | 151,034 | 148,724 | |||
Series 4446, Class CP, 2.250%, 03/15/2045 | 662,078 | 584,921 | |||
Series 4527, Class GA, 3.000%, 02/15/2044 | 1,062,979 | 1,015,084 | |||
Series 4533, Class AB, 3.000%, 06/15/2044 | 1,534,741 | 1,468,252 | |||
Series 4582, Class HA, 3.000%, 09/15/2045 | 2,724,301 | 2,567,782 | |||
Series 4587, Class AF (30 day Average SOFR + 0.464%), 4.797%, 06/15/2046 (B) | 770,094 | 762,311 | |||
Series 4604, Class FB (30 day Average SOFR + 0.514%), 4.847%, 08/15/2046 (B) | 1,439,915 | 1,418,146 | |||
Series 4611, Class BF (30 day Average SOFR + 0.514%), 4.847%, 06/15/2041 (B) | 5,458,114 | 5,405,772 | |||
Series 4620, Class LF (30 day Average SOFR + 0.514%), 4.847%, 10/15/2046 (B) | 784,745 | 774,748 | |||
Series 4628, Class KF (30 day Average SOFR + 0.614%), 4.947%, 01/15/2055 (B) | 841,629 | 819,860 | |||
Series 4709, Class FA (30 day Average SOFR + 0.414%), 4.747%, 08/15/2047 (B) | 574,020 | 563,506 | |||
Series 4719, Class LA, 3.500%, 09/15/2047 | 794,315 | 728,227 |
15 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal Home Loan Mortgage Corp. (continued) | |||||
Series 4719, Class LM, 3.000%, 09/15/2047 | $ | 579,294 | $ | 513,661 | |
Series 4742, Class PA, 3.000%, 10/15/2047 | 921,989 | 836,913 | |||
Series 4753, Class BD, 3.000%, 01/15/2048 | 665,366 | 592,847 | |||
Series 4826, Class KF (30 day Average SOFR + 0.414%), 4.747%, 09/15/2048 (B) | 479,341 | 466,095 | |||
Series 4854, Class FB (30 day Average SOFR + 0.414%), 4.747%, 01/15/2049 (B) | 1,475,446 | 1,450,965 | |||
Series 4857, Class JA, 3.350%, 01/15/2049 | 2,318,295 | 2,201,382 | |||
Series 4880, Class DA, 3.000%, 05/15/2050 | 1,433,829 | 1,308,221 | |||
Series 4903, Class NF (30 day Average SOFR + 0.514%), 4.836%, 08/25/2049 (B) | 482,604 | 471,904 | |||
Series 4927, Class BG, 3.000%, 11/25/2049 | 1,071,075 | 980,932 | |||
Series 4937, Class MD, 2.500%, 10/25/2049 | 1,064,713 | 938,417 | |||
Series 4940, Class AG, 3.000%, 05/15/2040 | 647,926 | 609,707 | |||
Series 4941, Class GA, 2.000%, 12/15/2047 | 612,765 | 510,146 | |||
Series 4954, Class LB, 2.500%, 02/25/2050 | 489,024 | 426,111 | |||
Series 4957, Class MY, 3.000%, 02/25/2050 | 712,000 | 582,186 | |||
Series 4988, Class KF (30 day Average SOFR + 0.464%), 4.786%, 07/25/2050 (B) | 812,043 | 803,385 | |||
Series 4993, Class KF (30 day Average SOFR + 0.564%), 4.886%, 07/25/2050 (B) | 4,405,393 | 4,210,170 | |||
Series 5004, Class FM (30 day Average SOFR + 0.464%), 4.786%, 08/25/2050 (B) | 882,011 | 835,652 | |||
Series 5020, Class ET, 3.500%, 10/25/2050 | 932,785 | 849,503 | |||
Series 5058, Class BC, 5.000%, 11/25/2050 | 662,548 | 646,298 | |||
Series 5091, Class AB, 1.500%, 03/25/2051 | 1,947,409 | 1,564,289 | |||
Series 5092, Class HE, 2.000%, 02/25/2051 | 1,083,845 | 886,774 | |||
Series 5114, Class AD, 1.500%, 08/25/2047 | 4,122,016 | 3,538,801 | |||
Series 5116, Class PB, 2.250%, 02/25/2051 | 1,143,086 | 996,982 | |||
Series 5118, Class CA, 1.500%, 10/15/2033 | 1,095,000 | 1,003,758 | |||
Series 5119, Class QF (30 day Average SOFR + 0.200%), 4.522%, 06/25/2051 (B) | 1,299,731 | 1,206,535 | |||
Series 5178, Class TP, 2.500%, 04/25/2049 | 1,258,039 | 1,105,783 | |||
Series 5182, Class M, 2.500%, 05/25/2049 | 728,495 | 634,489 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal Home Loan Mortgage Corp. (continued) | |||||
Series 5201, Class CA, 2.500%, 07/25/2048 | $ | 1,028,614 | $ | 935,074 | |
Series 5202, Class BH, 2.000%, 12/25/2047 | 644,127 | 590,253 | |||
Series 5202, Class KA, 2.500%, 06/25/2049 | 993,750 | 871,511 | |||
Series 5202, Class TA, 2.500%, 12/25/2048 | 1,887,385 | 1,721,366 | |||
Series 5206, Class CD, 3.500%, 05/25/2049 | 1,268,260 | 1,173,752 | |||
Series 5207, Class PA, 3.000%, 06/25/2051 | 1,463,282 | 1,298,746 | |||
Series 5209, Class EA, 3.000%, 08/25/2050 | 1,063,372 | 969,514 | |||
Series 5209, Class EJ, 3.000%, 08/25/2050 | 1,063,372 | 969,514 | |||
Series 5210, Class DC, 3.000%, 09/25/2051 | 1,009,489 | 938,173 | |||
Series 5220, Class QK, 3.500%, 09/25/2050 | 2,069,542 | 1,964,034 | |||
Series 5228, Class TN, 3.500%, 07/25/2039 | 704,564 | 671,354 | |||
Series 5335, Class FB (30 day Average SOFR + 0.814%), 5.147%, 10/15/2039 (B) | 1,901,785 | 1,902,323 | |||
Series 5338, Class FH (30 day Average SOFR + 0.414%), 4.747%, 04/15/2045 (B) | 1,740,127 | 1,695,362 | |||
Series 5396, Class HF (30 day Average SOFR + 0.950%), 5.272%, 04/25/2054 (B) | 2,562,286 | 2,575,384 | |||
Series 5399, Class FB (30 day Average SOFR + 0.900%), 5.222%, 04/25/2054 (B) | 1,489,713 | 1,486,672 | |||
Series 5410, Class JY, 3.000%, 03/15/2044 | 1,107,000 | 943,215 | |||
Series 5451, Class FD (30 day Average SOFR + 0.514%), 4.847%, 01/15/2044 (B) | 831,386 | 815,053 | |||
Series 5452, Class KY, 3.000%, 03/15/2044 | 1,168,000 | 986,641 | |||
Federal National Mortgage Association | |||||
Series 1998-61, Class PL, 6.000%, 11/25/2028 | 48,314 | 48,920 | |||
Series 2010-107, Class FB (30 day Average SOFR + 0.524%), 4.846%, 09/25/2040 (B) | 406,928 | 401,714 | |||
Series 2011-111, Class DB, 4.000%, 11/25/2041 | 821,872 | 788,770 | |||
Series 2011-117, Class AF (30 day Average SOFR + 0.564%), 4.886%, 11/25/2041 (B) | 363,059 | 357,675 | |||
Series 2011-117, Class FA (30 day Average SOFR + 0.564%), 4.886%, 11/25/2041 (B) | 836,275 | 824,112 | |||
Series 2011-127, Class FC (30 day Average SOFR + 0.564%), 4.886%, 12/25/2041 (B) | 389,153 | 383,154 | |||
Series 2011-142, Class EF (30 day Average SOFR + 0.614%), 4.936%, 01/25/2042 (B) | 432,156 | 426,566 |
16 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal National Mortgage Association (continued) | |||||
Series 2011-55, Class FH (30 day Average SOFR + 0.554%), 4.876%, 06/25/2041 (B) | $ | 301,904 | $ | 298,426 | |
Series 2012-106, Class FA (30 day Average SOFR + 0.454%), 4.776%, 10/25/2042 (B) | 350,141 | 344,499 | |||
Series 2012-12, Class FA (30 day Average SOFR + 0.614%), 4.936%, 02/25/2042 (B) | 385,153 | 380,070 | |||
Series 2012-133, Class JF (30 day Average SOFR + 0.464%), 4.786%, 12/25/2042 (B) | 651,683 | 636,252 | |||
Series 2012-151, Class NX, 1.500%, 01/25/2043 | 583,850 | 496,948 | |||
Series 2012-47, Class JF (30 day Average SOFR + 0.614%), 4.936%, 05/25/2042 (B) | 517,217 | 510,340 | |||
Series 2013-11, Class AP, 1.500%, 01/25/2043 | 1,918,094 | 1,757,665 | |||
Series 2013-15, Class FA (30 day Average SOFR + 0.464%), 4.786%, 03/25/2043 (B) | 782,000 | 763,450 | |||
Series 2013-43, Class BP, 1.750%, 05/25/2043 | 833,499 | 712,225 | |||
Series 2013-49, Class AP, 1.750%, 05/25/2043 | 449,485 | 376,359 | |||
Series 2014-25, Class EL, 3.000%, 05/25/2044 | 763,345 | 698,186 | |||
Series 2014-74, Class FC (30 day Average SOFR + 0.514%), 4.836%, 11/25/2044 (B) | 424,431 | 415,601 | |||
Series 2015-26, Class GF (30 day Average SOFR + 0.414%), 4.736%, 05/25/2045 (B) | 1,141,771 | 1,113,118 | |||
Series 2015-32, Class FA (30 day Average SOFR + 0.414%), 4.736%, 05/25/2045 (B) | 717,782 | 697,732 | |||
Series 2015-48, Class FB (30 day Average SOFR + 0.414%), 4.736%, 07/25/2045 (B) | 860,725 | 837,153 | |||
Series 2015-72, Class GL, 3.000%, 10/25/2045 | 562,000 | 480,790 | |||
Series 2015-8, Class AP, 2.000%, 03/25/2045 | 1,381,156 | 1,230,041 | |||
Series 2015-84, Class PA, 1.700%, 08/25/2033 | 972,357 | 909,163 | |||
Series 2016-11, Class CF (30 day Average SOFR + 0.464%), 4.786%, 03/25/2046 (B) | 401,662 | 395,193 | |||
Series 2016-11, Class FG (30 day Average SOFR + 0.464%), 4.786%, 03/25/2046 (B) | 543,786 | 534,878 | |||
Series 2016-19, Class FD (30 day Average SOFR + 0.514%), 4.836%, 04/25/2046 (B) | 2,480,112 | 2,451,528 | |||
Series 2016-22, Class FA (30 day Average SOFR + 0.514%), 4.836%, 04/25/2046 (B) | 1,039,178 | 1,023,206 | |||
Series 2016-22, Class FG (30 day Average SOFR + 0.514%), 4.836%, 04/25/2046 (B) | 903,036 | 888,809 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal National Mortgage Association (continued) | |||||
Series 2016-48, Class MA, 2.000%, 06/25/2038 | $ | 2,150,978 | $ | 1,997,389 | |
Series 2016-57, Class PC, 1.750%, 06/25/2046 | 4,824,457 | 4,079,511 | |||
Series 2016-61, Class BF (30 day Average SOFR + 0.514%), 4.836%, 09/25/2046 (B) | 247,587 | 245,744 | |||
Series 2016-64, Class BC, 1.750%, 09/25/2046 | 977,956 | 907,455 | |||
Series 2016-69, Class BF (30 day Average SOFR + 0.514%), 4.836%, 10/25/2046 (B) | 834,374 | 823,692 | |||
Series 2016-75, Class FE (30 day Average SOFR + 0.514%), 4.836%, 10/25/2046 (B) | 649,232 | 641,416 | |||
Series 2016-78, Class FA (30 day Average SOFR + 0.514%), 4.836%, 03/25/2044 (B) | 417,077 | 410,205 | |||
Series 2016-79, Class FH (30 day Average SOFR + 0.514%), 4.836%, 11/25/2046 (B) | 646,091 | 638,254 | |||
Series 2016-82, Class FE (30 day Average SOFR + 0.514%), 4.836%, 11/25/2046 (B) | 1,443,752 | 1,426,851 | |||
Series 2016-82, Class FH (30 day Average SOFR + 0.514%), 4.836%, 11/25/2046 (B) | 1,318,992 | 1,299,551 | |||
Series 2016-84, Class FB (30 day Average SOFR + 0.514%), 4.836%, 11/25/2046 (B) | 628,921 | 619,311 | |||
Series 2016-86, Class FE (30 day Average SOFR + 0.514%), 4.836%, 11/25/2046 (B) | 1,638,080 | 1,612,723 | |||
Series 2016-88, Class CF (30 day Average SOFR + 0.564%), 4.886%, 12/25/2046 (B) | 1,109,135 | 1,095,127 | |||
Series 2016-91, Class AF (30 day Average SOFR + 0.514%), 4.836%, 12/25/2046 (B) | 590,924 | 584,829 | |||
Series 2017-11, Class FA (30 day Average SOFR + 0.514%), 4.836%, 03/25/2047 (B) | 264,036 | 261,194 | |||
Series 2017-113, Class FB (30 day Average SOFR + 0.364%), 4.686%, 01/25/2048 (B) | 265,772 | 261,873 | |||
Series 2017-12, Class FD (30 day Average SOFR + 0.514%), 4.836%, 03/25/2047 (B) | 651,119 | 642,843 | |||
Series 2017-13, Class PA, 3.000%, 08/25/2046 | 622,515 | 575,757 | |||
Series 2017-23, Class FA (30 day Average SOFR + 0.514%), 4.836%, 04/25/2047 (B) | 726,023 | 715,759 | |||
Series 2017-24, Class PG, 2.625%, 04/25/2047 | 2,399,706 | 2,077,534 | |||
Series 2017-26, Class FA (30 day Average SOFR + 0.464%), 4.786%, 04/25/2047 (B) | 1,699,078 | 1,677,499 | |||
Series 2017-35, Class MC, 2.625%, 12/25/2044 | 536,920 | 517,899 |
17 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal National Mortgage Association (continued) | |||||
Series 2017-82, Class FE (30 day Average SOFR + 0.364%), 4.686%, 10/25/2047 (B) | $ | 607,243 | $ | 604,572 | |
Series 2017-9, Class BF (30 day Average SOFR + 0.514%), 4.836%, 03/25/2047 (B) | 769,101 | 759,381 | |||
Series 2017-9, Class DF (30 day Average SOFR + 0.514%), 4.836%, 03/25/2047 (B) | 561,091 | 554,102 | |||
Series 2017-9, Class EF (30 day Average SOFR + 0.514%), 4.836%, 03/25/2047 (B) | 288,065 | 285,231 | |||
Series 2017-96, Class FB (30 day Average SOFR + 0.414%), 4.736%, 12/25/2047 (B) | 1,013,128 | 993,260 | |||
Series 2018-1, Class FA (30 day Average SOFR + 0.364%), 4.686%, 02/25/2048 (B) | 326,701 | 321,163 | |||
Series 2018-14, Class KC, 3.000%, 03/25/2048 | 888,410 | 842,996 | |||
Series 2018-36, Class FD (30 day Average SOFR + 0.364%), 4.686%, 06/25/2048 (B) | 1,391,776 | 1,370,974 | |||
Series 2018-38, Class MA, 3.300%, 06/25/2048 | 1,190,494 | 1,124,662 | |||
Series 2018-45, Class TM, 3.000%, 06/25/2048 | 912,414 | 817,715 | |||
Series 2018-55, Class GA, 3.375%, 08/25/2048 | 879,964 | 830,475 | |||
Series 2018-64, Class A, 3.000%, 09/25/2048 | 821,459 | 712,834 | |||
Series 2018-85, Class EA, 3.500%, 12/25/2048 | 604,265 | 582,763 | |||
Series 2018-86, Class AF (30 day Average SOFR + 0.414%), 4.736%, 12/25/2048 (B) | 211,252 | 208,728 | |||
Series 2019-13, Class PE, 3.000%, 03/25/2049 | 561,984 | 504,198 | |||
Series 2019-15, Class FA (30 day Average SOFR + 0.614%), 4.936%, 04/25/2049 (B) | 444,100 | 431,737 | |||
Series 2019-25, Class PA, 3.000%, 05/25/2048 | 1,698,630 | 1,575,848 | |||
Series 2019-41, Class FG (30 day Average SOFR + 0.614%), 4.936%, 08/25/2059 (B) | 1,162,606 | 1,135,233 | |||
Series 2019-43, Class FC (30 day Average SOFR + 0.514%), 4.836%, 08/25/2049 (B) | 849,212 | 829,925 | |||
Series 2019-67, Class FB (30 day Average SOFR + 0.564%), 4.886%, 11/25/2049 (B) | 466,769 | 456,528 | |||
Series 2019-8, Class GA, 3.000%, 03/25/2049 | 2,550,954 | 2,255,186 | |||
Series 2019-81, Class LH, 3.000%, 12/25/2049 | 194,279 | 172,828 | |||
Series 2020-45, Class JL, 3.000%, 07/25/2040 | 1,903,557 | 1,734,212 | |||
Series 2020-48, Class AB, 2.000%, 07/25/2050 | 963,141 | 821,751 | |||
Series 2020-59, Class NC, 3.000%, 08/25/2040 | 1,029,071 | 940,296 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Federal National Mortgage Association (continued) | |||||
Series 2020-70, Class AD, 1.500%, 10/25/2050 | $ | 2,871,194 | $ | 2,150,316 | |
Series 2021-27, Class EC, 1.500%, 05/25/2051 | 3,504,856 | 2,797,347 | |||
Series 2021-40, Class DW, 2.000%, 06/25/2041 | 226,300 | 197,740 | |||
Series 2021-42, Class AC, 2.000%, 02/25/2051 | 926,528 | 796,484 | |||
Series 2021-78, Class ND, 1.500%, 11/25/2051 | 1,367,147 | 1,109,134 | |||
Series 2021-84, Class MA, 2.000%, 10/25/2051 | 932,851 | 758,942 | |||
Series 2021-91, Class AB, 2.500%, 09/25/2049 | 1,149,447 | 1,008,004 | |||
Series 2021-95, Class CP, 1.500%, 08/25/2051 | 537,725 | 449,853 | |||
Series 2022-11, Class D, 3.000%, 01/25/2050 | 1,238,726 | 1,135,257 | |||
Series 2022-18, Class DL, 3.250%, 07/25/2046 | 1,533,302 | 1,435,013 | |||
Series 2022-3, Class N, 2.000%, 10/25/2047 | 1,484,927 | 1,304,903 | |||
Series 2022-4, Class MH, 3.000%, 09/25/2048 | 1,231,610 | 1,143,371 | |||
Series 2022-62, Class KA, 3.250%, 09/25/2052 | 689,306 | 644,862 | |||
Series 2022-89, Class AY, 3.000%, 02/25/2048 | 1,381,000 | 1,174,145 | |||
Series 2022-9, Class DJ, 3.250%, 03/25/2049 | 880,769 | 819,218 | |||
Series 2023-14, Class EJ, 2.750%, 04/25/2049 | 1,084,299 | 999,917 | |||
Series 2023-37, Class FH (30 day Average SOFR + 0.514%), 4.836%, 01/25/2050 (B) | 1,914,076 | 1,872,690 | |||
Series 2023-38, Class FC (30 day Average SOFR + 0.664%), 4.986%, 06/25/2040 (B) | 1,466,091 | 1,455,242 | |||
Series 2023-38, Class FD (30 day Average SOFR + 0.864%), 5.218%, 10/25/2039 (B) | 454,784 | 450,504 | |||
Series 2024-64, Class KY, 3.000%, 12/25/2043 | 681,000 | 565,710 | |||
Series 414, Class A35, 3.500%, 10/25/2042 | 698,775 | 653,045 | |||
Government National Mortgage Association | |||||
Series 2010-163, Class NC, 4.000%, 12/20/2040 | 903,692 | 892,896 | |||
Series 2013-152, Class HA, 2.500%, 06/20/2043 | 1,039,364 | 955,727 | |||
Series 2014-133, Class BP, 2.250%, 09/20/2044 | 776,434 | 692,742 | |||
Series 2014-149, Class KP, 2.250%, 07/16/2044 | 668,161 | 609,131 | |||
Series 2014-181, Class L, 3.000%, 12/20/2044 | 738,249 | 663,225 | |||
Series 2015-144, Class CA, 2.500%, 10/20/2045 | 1,118,420 | 978,425 | |||
Series 2016-136, Class A, 3.000%, 07/20/2044 | 635,252 | 567,372 |
18 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Government National Mortgage Association (continued) | |||||
Series 2016-93, Class AB, 1.750%, 07/20/2044 | $ | 1,387,524 | $ | 1,131,499 | |
Series 2016-99, Class TL, 2.000%, 04/16/2044 | 1,655,330 | 1,353,559 | |||
Series 2017-139, Class GA, 3.000%, 09/20/2047 | 2,485,150 | 2,231,815 | |||
Series 2017-167, Class BQ, 2.500%, 08/20/2044 | 588,783 | 550,428 | |||
Series 2018-65, Class DC, 3.500%, 05/20/2048 | 948,000 | 865,443 | |||
Series 2020-63, Class UD, 1.750%, 04/20/2050 | 702,951 | 573,542 | |||
Series 2021-105, Class P, 1.750%, 06/20/2051 | 3,399,343 | 2,717,567 | |||
Series 2021-107, Class DB, 1.750%, 04/20/2051 | 3,160,370 | 2,528,767 | |||
Series 2021-135, Class A, 2.000%, 08/20/2051 | 782,470 | 623,802 | |||
Series 2021-160, Class NE, 2.000%, 09/20/2051 | 1,735,409 | 1,455,957 | |||
Series 2021-215, Class GA, 2.000%, 12/20/2051 | 1,975,463 | 1,699,003 | |||
Series 2021-225, Class YC, 2.000%, 12/20/2051 | 622,256 | 515,426 | |||
Series 2021-24, Class BC, 1.250%, 02/20/2051 | 1,091,450 | 832,931 | |||
Series 2021-27, Class BD, 5.000%, 02/20/2051 | 787,087 | 772,729 | |||
Series 2021-27, Class CW, 5.000%, 02/20/2051 (F) | 1,119,312 | 1,098,976 | |||
Series 2021-27, Class NT, 5.000%, 02/20/2051 | 879,092 | 854,156 | |||
Series 2021-27, Class Q, 5.000%, 02/20/2051 | 788,700 | 774,332 | |||
Series 2021-8, Class CY, 5.000%, 01/20/2051 | 779,194 | 764,620 | |||
Series 2021-89, Class LK, 2.000%, 05/20/2051 | 1,885,744 | 1,590,305 | |||
Series 2021-97, Class QK, 2.000%, 06/20/2051 | 1,307,289 | 1,075,456 | |||
Series 2022-107, Class C, 2.500%, 06/20/2051 | 3,296,711 | 2,688,366 | |||
Series 2022-138, Class PT, 2.500%, 10/20/2051 | 4,909,323 | 4,025,188 | |||
Series 2022-153, Class KA, 4.000%, 12/20/2049 | 1,021,974 | 998,970 | |||
Series 2022-197, Class LF (30 day Average SOFR + 0.700%), 5.028%, 11/20/2052 (B) | 3,613,103 | 3,557,545 | |||
Series 2022-205, Class A, 2.000%, 09/20/2051 | 1,355,419 | 1,081,249 | |||
Series 2022-24, Class AH, 2.500%, 02/20/2052 | 334,991 | 281,535 | |||
Series 2022-31, Class GH, 2.500%, 12/20/2049 | 2,362,987 | 2,109,922 | |||
Series 2022-34, Class DN, 3.500%, 09/20/2041 | 1,987,104 | 1,854,695 | |||
Series 2022-46, Class LY, 3.000%, 03/20/2052 | 459,000 | 371,719 | |||
Series 2022-5, Class BA, 2.000%, 10/20/2049 | 4,867,251 | 4,067,325 |
Shares or Principal Amount | Value | ||||
COLLATERALIZED MORTGAGE OBLIGATIONS (continued) | |||||
U.S. Government Agency (continued) | |||||
Government National Mortgage Association (continued) | |||||
Series 2022-50, Class CA, 3.000%, 03/20/2052 | $ | 3,547,770 | $ | 3,129,343 | |
Series 2022-66, Class CG, 3.500%, 04/20/2052 | 2,237,506 | 2,115,494 | |||
Series 2022-78, Class HW, 2.500%, 04/20/2052 | 783,000 | 598,530 | |||
Series 2022-84, Class A, 2.500%, 01/20/2052 | 978,580 | 811,641 | |||
Series 2022-9, Class GA, 2.000%, 01/20/2052 | 905,390 | 735,885 | |||
Series 2023-196, Class E, 3.000%, 09/20/2048 | 1,296,289 | 1,221,446 | |||
Series 2023-81, Class YJ, 3.500%, 06/20/2053 | 4,576,000 | 3,857,245 | |||
Series 2024-110, Class JC, 3.000%, 09/20/2047 | 6,151,686 | 5,757,841 | |||
Series 2024-110, Class JL, 3.000%, 10/20/2049 | 1,227,000 | 1,026,583 | |||
Series 2024-184, Class GC, 3.500%, 10/20/2051 | 3,885,441 | 3,680,382 | |||
Series 2024-45, Class BD, 2.000%, 03/20/2054 | 823,137 | 748,242 | |||
Series 2025-1, Class GC, 3.500%, 10/20/2051 | 15,047,644 | 14,250,116 | |||
Series 2025-7, Class EL, 2.500%, 01/20/2055 | 529,000 | 368,440 | |||
260,371,897 | |||||
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $296,963,578) | $ | 291,579,397 | |||
ASSET-BACKED SECURITIES – 9.4% | |||||
Ally Auto Receivables Trust | |||||
Series 2022-3, Class A4 5.070%, 10/16/2028 | 666,000 | 669,010 | |||
Series 2024-2, Class A4 4.140%, 10/15/2030 | 907,000 | 899,234 | |||
American Express Credit Account Master Trust | |||||
Series 2023-4, Class A 5.150%, 09/15/2030 | 3,880,000 | 3,983,252 | |||
Series 2025-1, Class A 4.560%, 12/15/2029 | 5,135,000 | 5,174,120 | |||
Series 2025-2, Class A 4.280%, 04/15/2030 | 5,123,000 | 5,123,116 | |||
Series 2025-3, Class A 4.510%, 04/15/2032 | 5,674,000 | 5,696,508 | |||
AmeriCredit Automobile Receivables Trust | |||||
Series 2022-2, Class A3 4.380%, 04/18/2028 | 208,827 | 208,722 | |||
Series 2023-1, Class A3 5.620%, 11/18/2027 | 562,066 | 564,294 | |||
Series 2023-2, Class A3 5.810%, 05/18/2028 | 1,355,000 | 1,366,061 | |||
AutoNation Finance Trust | |||||
Series 2025-1A, Class A3 4.620%, 11/13/2029 (D) | 1,183,000 | 1,186,773 | |||
Series 2025-1A, Class A4 4.760%, 06/10/2030 (D) | 614,000 | 617,707 | |||
Avis Budget Rental Car Funding Aesop LLC Series 2025-2A, Class A 5.120%, 08/20/2031 (D) | 1,199,000 | 1,202,453 |
19 |
Shares or Principal Amount | Value | ||||
ASSET-BACKED SECURITIES (continued) | |||||
BA Credit Card Trust Series 2024-A1, Class A 4.930%, 05/15/2029 | $ | 1,413,000 | $ | 1,430,907 | |
Carmax Auto Owner Trust Series 2025-2, Class A3 4.480%, 03/15/2030 | 2,777,000 | 2,785,616 | |||
Chase Auto Owner Trust Series 2022-AA, Class A4 3.990%, 03/27/2028 (D) | 814,000 | 809,799 | |||
Chase Issuance Trust Series 2024-A2, Class A 4.630%, 01/15/2031 | 6,128,000 | 6,189,563 | |||
College Ave Student Loans LLC | |||||
Series 2017-A, Class A1 (1 month CME Term SOFR + 1.764%) 6.089%, 11/26/2046 (B)(D) | 275,953 | 278,120 | |||
Series 2018-A, Class A2 4.130%, 12/26/2047 (D) | 385,163 | 375,240 | |||
Series 2019-A, Class A2 3.280%, 12/28/2048 (D) | 446,381 | 422,939 | |||
Ford Credit Auto Lease Trust | |||||
Series 2024-A, Class A4 5.050%, 06/15/2027 | 688,000 | 691,789 | |||
Series 2025-A, Class A3 4.720%, 06/15/2028 | 1,092,000 | 1,097,565 | |||
Ford Credit Auto Owner Trust | |||||
Series 2022-1, Class A 3.880%, 11/15/2034 (D) | 2,240,000 | 2,215,102 | |||
Series 2022-D, Class A4 5.300%, 03/15/2028 | 603,000 | 608,513 | |||
Series 2024-D, Class A3 4.610%, 08/15/2029 | 682,000 | 685,841 | |||
Series 2025-1, Class A (4.860% to 2-15-30, then 9.710% thereafter) 4.860%, 08/15/2037 (D) | 4,083,000 | 4,131,262 | |||
Ford Credit Floorplan Master Owner Trust A | |||||
Series 2024-3, Class A1 4.300%, 09/15/2029 (D) | 3,812,000 | 3,803,532 | |||
Series 2024-4, Class A 4.400%, 09/15/2031 (D) | 1,696,000 | 1,684,447 | |||
Series 2025-1, Class A1 4.630%, 04/15/2030 | 3,478,000 | 3,493,352 | |||
GM Financial Automobile Leasing Trust | |||||
Series 2023-3, Class A4 5.440%, 08/20/2027 | 610,000 | 612,657 | |||
Series 2025-2, Class A3 4.580%, 05/22/2028 | 2,309,000 | 2,311,616 | |||
GM Financial Revolving Receivables Trust | |||||
Series 2024-1, Class A 4.980%, 12/11/2036 (D) | 990,000 | 1,007,646 | |||
Series 2024-2, Class A 4.520%, 03/11/2037 (D) | 962,000 | 959,873 | |||
Series 2025-1, Class A 4.640%, 12/11/2037 (D) | 6,203,000 | 6,213,274 | |||
GMF Floorplan Owner Revolving Trust | |||||
Series 2024-4A, Class A1 4.730%, 11/15/2029 (D) | 2,300,000 | 2,314,670 | |||
Series 2025-2A, Class A 4.640%, 03/15/2030 (D) | 3,079,000 | 3,095,957 | |||
Honda Auto Receivables Owner Trust Series 2025-2, Class A4 4.280%, 08/15/2031 | 1,734,000 | 1,726,425 | |||
Hyundai Auto Lease Securitization Trust | |||||
Series 2025-A, Class A3 4.830%, 01/18/2028 (D) | 1,271,000 | 1,277,674 |
Shares or Principal Amount | Value | ||||
ASSET-BACKED SECURITIES (continued) | |||||
Hyundai Auto Lease Securitization Trust (continued) | |||||
Series 2025-B, Class A3 4.530%, 04/17/2028 (D) | $ | 2,318,000 | $ | 2,326,140 | |
Hyundai Auto Receivables Trust | |||||
Series 2022-A, Class A3 2.220%, 10/15/2026 | 187,219 | 186,717 | |||
Series 2022-A, Class A4 2.350%, 04/17/2028 | 606,000 | 599,252 | |||
Series 2023-A, Class A4 4.480%, 07/17/2028 | 1,261,000 | 1,261,951 | |||
Series 2023-B, Class A3 5.480%, 04/17/2028 | 727,142 | 731,683 | |||
Mercedes-Benz Auto Lease Trust Series 2025-A, Class A3 4.610%, 04/16/2029 | 2,543,000 | 2,561,395 | |||
Mercedes-Benz Auto Receivables Trust | |||||
Series 2022-1, Class A4 5.250%, 02/15/2029 | 1,392,000 | 1,404,149 | |||
Series 2025-1, Class A3 4.780%, 12/17/2029 | 1,335,000 | 1,347,355 | |||
Navient Private Education Refi Loan Trust | |||||
Series 2018-DA, Class A2A 4.000%, 12/15/2059 (D) | 347,544 | 343,053 | |||
Series 2019-CA, Class A2 3.130%, 02/15/2068 (D) | 310,915 | 304,131 | |||
Series 2019-D, Class A2A 3.010%, 12/15/2059 (D) | 1,158,110 | 1,119,711 | |||
Series 2019-FA, Class A2 2.600%, 08/15/2068 (D) | 575,340 | 552,162 | |||
Series 2020-EA, Class A 1.690%, 05/15/2069 (D) | 80,401 | 74,344 | |||
Series 2020-GA, Class A 1.170%, 09/16/2069 (D) | 905,788 | 835,761 | |||
Series 2021-BA, Class A 0.940%, 07/15/2069 (D) | 273,837 | 247,581 | |||
Series 2021-CA, Class A 1.060%, 10/15/2069 (D) | 75,056 | 67,182 | |||
Series 2021-EA, Class A 0.970%, 12/16/2069 (D) | 1,983,730 | 1,764,686 | |||
Series 2021-FA, Class A 1.110%, 02/18/2070 (D) | 1,084,495 | 954,355 | |||
Series 2021-GA, Class A 1.580%, 04/15/2070 (D) | 320,000 | 287,445 | |||
Series 2022-A, Class A 2.230%, 07/15/2070 (D) | 2,793,395 | 2,498,934 | |||
Navient Student Loan Trust Series 2021-3A, Class A1A 1.770%, 08/25/2070 (D) | 1,104,848 | 959,266 | |||
Nelnet Student Loan Trust | |||||
Series 2004-4, Class A5 (90 day Average SOFR + 0.422%) 4.785%, 01/25/2037 (B) | 460,868 | 458,621 | |||
Series 2005-1, Class A5 (90 day Average SOFR + 0.372%) 4.735%, 10/25/2033 (B) | 1,315,901 | 1,301,909 | |||
Series 2005-2, Class A5 (90 day Average SOFR + 0.362%) 4.724%, 03/23/2037 (B) | 1,434,177 | 1,420,427 | |||
Series 2005-3, Class A5 (90 day Average SOFR + 0.382%) 4.744%, 12/24/2035 (B) | 994,061 | 985,789 | |||
Nissan Auto Lease Trust Series 2025-A, Class A3 4.750%, 03/15/2028 | 2,062,000 | 2,077,557 |
20 |
Shares or Principal Amount | Value | ||||
ASSET-BACKED SECURITIES (continued) | |||||
Nissan Auto Receivables Owner Trust | |||||
Series 2022-B, Class A4 4.450%, 11/15/2029 | $ | 820,000 | $ | 819,731 | |
Series 2025-A, Class A3 4.490%, 12/17/2029 | 1,993,000 | 1,997,454 | |||
Series 2025-A, Class A4 4.570%, 11/15/2030 | 1,502,000 | 1,506,648 | |||
PenFed Auto Receivables Owner Trust Series 2022-A, Class A4 4.180%, 12/15/2028 (D) | 373,617 | 373,034 | |||
Santander Drive Auto Receivables Trust | |||||
Series 2024-3, Class A3 5.630%, 01/16/2029 | 1,501,000 | 1,510,595 | |||
Series 2025-2, Class A3 4.670%, 08/15/2029 | 1,488,000 | 1,492,830 | |||
SBNA Auto Lease Trust Series 2024-C, Class A4 4.420%, 03/20/2029 (D) | 872,000 | 867,848 | |||
SBNA Auto Receivables Trust | |||||
Series 2024-A, Class A3 5.320%, 12/15/2028 (D) | 853,949 | 856,384 | |||
Series 2024-A, Class A4 5.210%, 04/16/2029 (D) | 399,000 | 402,203 | |||
SFS Auto Receivables Securitization Trust | |||||
Series 2024-1A, Class A3 4.950%, 05/21/2029 (D) | 2,046,000 | 2,052,785 | |||
Series 2024-1A, Class A4 4.940%, 01/21/2031 (D) | 347,000 | 350,406 | |||
Series 2024-2A, Class A3 5.330%, 11/20/2029 (D) | 1,306,000 | 1,320,019 | |||
SMB Private Education Loan Trust Series 2021-A, Class APT1 1.070%, 01/15/2053 (D) | 2,065,790 | 1,819,411 | |||
SoFi Professional Loan Program LLC | |||||
Series 2017-D, Class A2FX 2.650%, 09/25/2040 (D) | 70,819 | 69,855 | |||
Series 2021-B, Class AFX 1.140%, 02/15/2047 (D) | 835,811 | 723,203 | |||
Stellantis Financial Underwritten Enhanced Lease Trust Series 2025-AA, Class A3 4.470%, 07/20/2028 (D) | 3,205,000 | 3,204,282 | |||
Synchrony Card Issuance Trust Series 2025-A1, Class A 4.780%, 02/15/2031 | 2,039,000 | 2,060,360 | |||
T-Mobile US Trust | |||||
Series 2022-1A, Class A 4.910%, 05/22/2028 (D) | 415,979 | 416,178 | |||
Series 2024-1A, Class A 5.050%, 09/20/2029 (D) | 2,061,000 | 2,074,518 | |||
Series 2024-2A, Class A 4.250%, 05/21/2029 (D) | 1,613,000 | 1,609,875 | |||
Series 2025-1A, Class A 4.740%, 11/20/2029 (D) | 1,528,000 | 1,542,639 | |||
Toyota Auto Receivables Owner Trust | |||||
Series 2022-D, Class A4 5.430%, 04/17/2028 | 757,000 | 768,831 | |||
Series 2023-B, Class A3 4.710%, 02/15/2028 | 1,506,754 | 1,508,052 | |||
Series 2023-C, Class A3 5.160%, 04/17/2028 | 2,139,000 | 2,150,000 | |||
Series 2025-B, Class A3 4.340%, 11/15/2029 | 934,000 | 936,560 | |||
Series 2025-B, Class A4 4.490%, 06/17/2030 | 1,048,000 | 1,052,591 |
Shares or Principal Amount | Value | ||||
ASSET-BACKED SECURITIES (continued) | |||||
Verizon Master Trust | |||||
Series 2023-1, Class A (4.490% to 1-20-26, then 5.240% thereafter) 4.490%, 01/22/2029 | $ | 2,468,000 | $ | 2,466,434 | |
Series 2023-4, Class A1A 5.160%, 06/20/2029 | 4,573,000 | 4,606,204 | |||
Series 2024-7, Class A 4.350%, 08/20/2032 (D) | 2,782,000 | 2,768,132 | |||
Series 2025-2, Class A 4.940%, 01/20/2033 (D) | 3,540,000 | 3,603,716 | |||
Series 2025-3, Class A1A 4.510%, 03/20/2030 | 3,161,000 | 3,166,193 | |||
Series 2025-4, Class A 4.760%, 03/21/2033 (D) | 3,161,000 | 3,185,103 | |||
Volkswagen Auto Loan Enhanced Trust | |||||
Series 2023-1, Class A3 5.020%, 06/20/2028 | 1,870,000 | 1,875,845 | |||
Series 2024-1, Class A3 4.630%, 07/20/2029 | 873,000 | 879,485 | |||
WF Card Issuance Trust Series 2024-A2, Class A 4.290%, 10/15/2029 | 2,473,000 | 2,474,535 | |||
World Financial Network Credit Card Master Trust | |||||
Series 2024-A, Class A 5.470%, 02/15/2031 | 456,000 | 465,060 | |||
Series 2024-B, Class A 4.620%, 05/15/2031 | 1,306,000 | 1,311,817 | |||
TOTAL ASSET-BACKED SECURITIES (Cost $164,587,201) | $ | 163,875,001 | |||
SHORT-TERM INVESTMENTS – 2.2% | |||||
Short-term funds – 2.2% | |||||
John Hancock Collateral Trust, 4.2439% (G)(H) | 165,991 | 1,660,340 | |||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.2490% (G) | 36,568,123 | 36,568,123 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $38,228,413) | $ | 38,228,463 | |||
Total Investments (Core Bond Fund) (Cost $1,816,509,876) – 102.5% | $ | 1,784,931,269 | |||
Other assets and liabilities, net – (2.5%) | (43,713,560) | ||||
TOTAL NET ASSETS – 100.0% | $ | 1,741,217,709 |
Security Abbreviations and Legend | |
CME | CME Group Published Rates |
CMT | Constant Maturity Treasury |
IBOR | Interbank Offered Rate |
ICE | Intercontinental Exchange |
SOFR | Secured Overnight Financing Rate |
TBA | To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date. |
(A) | Security purchased or sold on a when-issued or delayed-delivery basis. |
(B) | Variable rate obligation. The coupon rate shown represents the rate at period end. |
(C) | Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end. |
(D) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
21 |
(E) | All or a portion of this security is on loan as of 5-31-25. The value of securities on loan amounted to $1,608,584. |
(F) | Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end. |
(G) | The rate shown is the annualized seven-day yield as of 5-31-25. |
(H) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Shares or Principal Amount | Value | ||||
COMMON STOCKS - 94.5% | |||||
Australia - 4.0% | |||||
ANZ Group Holdings, Ltd. | 399,240 | $ | 7,471,069 | ||
APA Group | 171,230 | 914,963 | |||
Aristocrat Leisure, Ltd. | 75,869 | 3,048,605 | |||
ASX, Ltd. | 26,244 | 1,205,826 | |||
BHP Group, Ltd. | 679,754 | 16,698,150 | |||
BlueScope Steel, Ltd. | 58,852 | 863,884 | |||
Brambles, Ltd. | 184,760 | 2,763,687 | |||
carsales.com, Ltd. | 49,882 | 1,143,157 | |||
Cochlear, Ltd. | 8,709 | 1,522,799 | |||
Coles Group, Ltd. | 177,447 | 2,471,323 | |||
Commonwealth Bank of Australia | 224,373 | 25,459,344 | |||
Computershare, Ltd. | 70,792 | 1,832,860 | |||
CSL, Ltd. | 64,966 | 10,366,625 | |||
Fortescue, Ltd. | 227,731 | 2,265,649 | |||
Goodman Group | 273,059 | 5,791,639 | |||
Insurance Australia Group, Ltd. | 322,363 | 1,795,474 | |||
Macquarie Group, Ltd. | 49,037 | 6,764,672 | |||
Medibank Private, Ltd. | 374,523 | 1,150,976 | |||
MMG, Ltd. (A) | 560,000 | 206,200 | |||
National Australia Bank, Ltd. | 411,811 | 10,077,865 | |||
Northern Star Resources, Ltd. | 179,236 | 2,437,378 | |||
Origin Energy, Ltd. | 230,671 | 1,609,447 | |||
Pro Medicus, Ltd. | 7,716 | 1,398,894 | |||
Qantas Airways, Ltd. | 100,777 | 688,724 | |||
QBE Insurance Group, Ltd. | 206,457 | 3,084,087 | |||
REA Group, Ltd. | 6,963 | 1,075,542 | |||
Reece, Ltd. | 30,547 | 308,246 | |||
Rio Tinto, Ltd. | 49,774 | 3,619,614 | |||
Santos, Ltd. | 430,067 | 1,826,659 | |||
Scentre Group | 694,235 | 1,643,743 | |||
SGH, Ltd. | 27,323 | 893,498 | |||
Sonic Healthcare, Ltd. | 61,534 | 1,058,399 | |||
South32, Ltd. | 600,421 | 1,183,809 | |||
Stockland | 320,557 | 1,128,951 | |||
Suncorp Group, Ltd. | 149,728 | 1,994,787 | |||
Telstra Group, Ltd. | 542,815 | 1,673,103 | |||
The GPT Group | 256,162 | 793,163 | |||
The Lottery Corp., Ltd. | 290,875 | 955,833 | |||
Transurban Group | 388,578 | 3,551,243 | |||
Treasury Wine Estates, Ltd. | 110,680 | 602,027 | |||
Vicinity, Ltd. | 512,251 | 813,561 | |||
Washington H. Soul Pattinson & Company, Ltd. | 31,546 | 750,715 | |||
Wesfarmers, Ltd. | 152,277 | 8,147,792 | |||
Westpac Banking Corp. | 460,022 | 9,651,661 | |||
WiseTech Global, Ltd. | 24,655 | 1,703,493 | |||
Woodside Energy Group, Ltd. | 252,924 | 3,631,793 | |||
Woolworths Group, Ltd. | 162,600 | 3,339,225 | |||
163,380,154 | |||||
Austria - 0.2% | |||||
Erste Group Bank AG | 50,848 | 4,094,755 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Austria (continued) | |||||
OMV AG (B) | 23,968 | $ | 1,282,011 | ||
Verbund AG (B) | 11,006 | 859,937 | |||
6,236,703 | |||||
Belgium - 0.5% | |||||
Ageas SA/NV | 23,181 | 1,513,686 | |||
Anheuser-Busch InBev SA/NV | 130,197 | 9,193,583 | |||
D'ieteren Group | 3,065 | 629,391 | |||
Groupe Bruxelles Lambert NV | 12,232 | 1,000,835 | |||
KBC Group NV | 33,126 | 3,274,933 | |||
Lotus Bakeries NV | 59 | 610,970 | |||
Sofina SA (B) | 2,210 | 640,445 | |||
Syensqo SA | 10,800 | 828,905 | |||
UCB SA | 18,367 | 3,341,310 | |||
21,034,058 | |||||
Brazil - 0.8% | |||||
Ambev SA | 567,500 | 1,392,084 | |||
B3 SA - Brasil Bolsa Balcao | 659,260 | 1,607,951 | |||
Banco Bradesco SA | 169,538 | 414,397 | |||
Banco BTG Pactual SA | 145,600 | 1,006,815 | |||
Banco do Brasil SA | 203,600 | 833,694 | |||
BB Seguridade Participacoes SA | 85,100 | 558,108 | |||
BRF SA | 59,900 | 212,601 | |||
Caixa Seguridade Participacoes SA | 76,800 | 202,356 | |||
Centrais Eletricas Brasileiras SA | 137,600 | 1,009,476 | |||
Cia de Saneamento Basico do Estado de Sao Paulo | 56,700 | 1,163,641 | |||
CPFL Energia SA | 25,600 | 181,230 | |||
Embraer SA | 84,300 | 965,260 | |||
Energisa SA | 31,900 | 264,927 | |||
Engie Brasil Energia SA | 21,825 | 156,681 | |||
Equatorial Energia SA | 138,500 | 887,495 | |||
JBS SA | 92,800 | 650,955 | |||
Klabin SA | 96,160 | 307,840 | |||
Localiza Rent a Car SA | 108,445 | 814,546 | |||
Motiva Infraestrutura de Mobilidade SA | 109,900 | 259,018 | |||
Natura & Company Holding SA (A) | 106,700 | 195,323 | |||
NU Holdings, Ltd., Class A (A) | 380,696 | 4,572,159 | |||
Petroleo Brasileiro SA | 432,700 | 2,489,756 | |||
PRIO SA (A) | 93,000 | 633,333 | |||
Raia Drogasil SA | 151,164 | 392,479 | |||
Rede D'Or Sao Luiz SA (C) | 95,200 | 628,841 | |||
Rumo SA (A) | 150,800 | 496,207 | |||
Suzano SA | 82,427 | 715,535 | |||
Telefonica Brasil SA | 99,361 | 497,888 | |||
TIM SA | 103,500 | 352,691 | |||
TOTVS SA | 63,300 | 467,155 | |||
Ultrapar Participacoes SA | 83,500 | 237,821 | |||
Vale SA | 434,238 | 3,955,556 | |||
Vibra Energia SA | 120,000 | 423,394 | |||
WEG SA | 200,440 | 1,484,157 | |||
XP, Inc., Class A | 45,559 | 882,022 | |||
31,313,392 | |||||
Canada - 7.6% | |||||
Agnico Eagle Mines, Ltd. | 68,011 | 8,017,007 | |||
Air Canada (A) | 25,437 | 355,879 | |||
Alimentation Couche-Tard, Inc. | 103,625 | 5,372,477 | |||
AltaGas, Ltd. | 42,461 | 1,186,253 | |||
ARC Resources, Ltd. | 80,834 | 1,689,306 | |||
Atco, Ltd., Class I | 972 | 36,462 | |||
Bank of Montreal | 99,528 | 10,687,828 | |||
Barrick Mining Corp. | 235,661 | 4,519,691 | |||
BCE, Inc. | 12,149 | 264,696 | |||
Brookfield Corp. (A) | 189,298 | 10,931,516 |
22 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Canada (continued) | |||||
Brookfield Wealth Solutions, Ltd. (A)(B) | 788 | $ | 46,154 | ||
CAE, Inc. (A) | 44,362 | 1,142,062 | |||
Cameco Corp. | 59,447 | 3,480,141 | |||
Canadian Apartment Properties REIT | 1,991 | 64,938 | |||
Canadian Imperial Bank of Commerce | 128,608 | 8,755,671 | |||
Canadian National Railway Company | 73,292 | 7,704,379 | |||
Canadian Natural Resources, Ltd. | 287,164 | 8,719,440 | |||
Canadian Pacific Kansas City, Ltd. | 126,899 | 10,364,782 | |||
Canadian Tire Corp., Ltd., Class A | 7,480 | 950,514 | |||
Canadian Utilities, Ltd., Class A | 21,560 | 602,960 | |||
CCL Industries, Inc., Class B | 21,297 | 1,241,956 | |||
Celestica, Inc. (A) | 15,878 | 1,838,694 | |||
Cenovus Energy, Inc. | 188,356 | 2,481,493 | |||
CGI, Inc. | 28,186 | 3,030,044 | |||
CI Financial Corp. | 1,831 | 41,934 | |||
Constellation Software, Inc. | 2,734 | 9,912,725 | |||
Dollarama, Inc. | 37,922 | 4,877,206 | |||
Element Fleet Management Corp. | 58,088 | 1,384,106 | |||
Emera, Inc. | 41,728 | 1,912,856 | |||
Empire Company, Ltd., Class A | 19,412 | 749,265 | |||
Enbridge, Inc. | 296,469 | 13,797,847 | |||
Fairfax Financial Holdings, Ltd. | 2,812 | 4,784,672 | |||
First Capital Real Estate Investment Trust | 1,902 | 24,601 | |||
First Quantum Minerals, Ltd. (A) | 97,147 | 1,439,136 | |||
FirstService Corp. | 5,870 | 1,028,913 | |||
Fortis, Inc. (B) | 69,789 | 3,409,737 | |||
Franco-Nevada Corp. | 26,225 | 4,417,556 | |||
George Weston, Ltd. | 8,358 | 1,682,745 | |||
GFL Environmental, Inc. | 31,263 | 1,580,065 | |||
Gildan Activewear, Inc. | 19,271 | 897,305 | |||
Great-West Lifeco, Inc. (B) | 41,364 | 1,570,045 | |||
Hydro One, Ltd. (C) | 46,741 | 1,721,006 | |||
iA Financial Corp., Inc. | 14,267 | 1,452,534 | |||
IGM Financial, Inc. | 16,247 | 518,659 | |||
Imperial Oil, Ltd. | 24,718 | 1,764,761 | |||
Intact Financial Corp. | 24,643 | 5,590,846 | |||
Ivanhoe Mines, Ltd., Class A (A) | 104,054 | 805,985 | |||
Keyera Corp. | 33,038 | 1,007,017 | |||
Kinross Gold Corp. | 167,978 | 2,479,859 | |||
Loblaw Companies, Ltd. | 20,851 | 3,517,785 | |||
Lundin Mining Corp. | 105,359 | 997,277 | |||
Magna International, Inc. | 38,662 | 1,403,535 | |||
MEG Energy Corp. | 1,482 | 25,939 | |||
Metro, Inc. | 29,670 | 2,314,189 | |||
National Bank of Canada | 54,235 | 5,337,940 | |||
Northland Power, Inc. | 1,726 | 25,732 | |||
Nutrien, Ltd. | 67,120 | 3,965,526 | |||
Onex Corp. | 9,666 | 717,510 | |||
Open Text Corp. | 37,401 | 1,059,061 | |||
Pan American Silver Corp. | 49,935 | 1,217,856 | |||
Pembina Pipeline Corp. | 80,236 | 3,006,913 | |||
Power Corp. of Canada | 79,511 | 3,077,079 | |||
Quebecor, Inc., Class B | 22,279 | 626,802 | |||
Restaurant Brands International, Inc. | 42,289 | 3,019,256 | |||
RioCan Real Estate Investment Trust | 5,810 | 73,411 | |||
Rogers Communications, Inc., Class B | 51,623 | 1,385,792 | |||
Royal Bank of Canada | 192,363 | 24,381,259 | |||
Saputo, Inc. | 38,202 | 736,008 | |||
Shopify, Inc., Class A (A) | 163,981 | 17,521,896 | |||
SmartCentres Real Estate Investment Trust | 1,817 | 34,239 | |||
Stantec, Inc. | 15,996 | 1,645,466 | |||
Sun Life Financial, Inc. | 82,239 | 5,297,430 | |||
Suncor Energy, Inc. | 171,906 | 6,111,629 | |||
TC Energy Corp. | 141,332 | 7,161,604 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Canada (continued) | |||||
Teck Resources, Ltd., Class B | 66,133 | $ | 2,450,923 | ||
TELUS Corp. (B) | 70,145 | 1,149,021 | |||
TFI International, Inc. | 11,167 | 964,169 | |||
The Bank of Nova Scotia | 170,400 | 9,117,552 | |||
The Descartes Systems Group, Inc. (A) | 12,204 | 1,415,018 | |||
The Toronto-Dominion Bank | 237,410 | 16,394,758 | |||
Thomson Reuters Corp. | 21,740 | 4,319,327 | |||
TMX Group, Ltd. | 39,653 | 1,602,763 | |||
Toromont Industries, Ltd. | 11,679 | 1,012,801 | |||
Tourmaline Oil Corp. | 48,672 | 2,194,647 | |||
West Fraser Timber Company, Ltd. | 7,941 | 585,008 | |||
Wheaton Precious Metals Corp. | 61,834 | 5,357,730 | |||
Whitecap Resources, Inc. (B) | 172,541 | 1,076,220 | |||
WSP Global, Inc. | 18,064 | 3,701,517 | |||
308,338,312 | |||||
Chile - 0.1% | |||||
Antofagasta PLC | 50,827 | 1,213,388 | |||
Banco de Chile | 6,273,771 | 923,003 | |||
Banco de Credito e Inversiones SA | 12,076 | 465,856 | |||
Banco Santander Chile | 8,829,194 | 526,023 | |||
Cencosud SA | 173,480 | 597,048 | |||
Empresas CMPC SA | 160,549 | 256,224 | |||
Empresas COPEC SA | 53,657 | 368,617 | |||
Enel Americas SA | 2,952,330 | 275,275 | |||
Enel Chile SA | 3,743,482 | 271,416 | |||
Falabella SA | 86,069 | 410,660 | |||
Latam Airlines Group SA | 28,448,400 | 541,210 | |||
5,848,720 | |||||
China - 7.4% | |||||
360 Security Technology, Inc., Class A | 56,400 | 78,091 | |||
37 Interactive Entertainment Network Technology Group Company, Ltd., Class A | 15,600 | 31,662 | |||
AAC Technologies Holdings, Inc. | 108,644 | 502,441 | |||
Accelink Technologies Company, Ltd., Class A | 6,300 | 35,938 | |||
ACM Research Shanghai, Inc., Class A | 1,631 | 22,859 | |||
Advanced Micro-Fabrication Equipment, Inc., Class A (A) | 4,798 | 116,155 | |||
AECC Aero-Engine Control Company, Ltd., Class A | 9,500 | 25,625 | |||
AECC Aviation Power Company, Ltd., Class A | 22,300 | 109,669 | |||
Agricultural Bank of China, Ltd., Class A | 694,900 | 533,313 | |||
Agricultural Bank of China, Ltd., H Shares | 3,839,544 | 2,460,156 | |||
Aier Eye Hospital Group Company, Ltd., Class A | 76,584 | 131,528 | |||
Air China, Ltd., Class A (A) | 96,600 | 107,435 | |||
Akeso, Inc. (A)(C) | 87,504 | 931,593 | |||
Alibaba Group Holding, Ltd. | 2,226,183 | 31,695,976 | |||
Aluminum Corp. of China, Ltd., A Shares | 107,500 | 97,292 | |||
Aluminum Corp. of China, Ltd., H Shares | 540,805 | 314,086 | |||
Amlogic Shanghai Company, Ltd., Class A (A) | 3,577 | 33,088 | |||
Angel Yeast Company, Ltd., Class A (A) | 7,400 | 39,089 | |||
Anhui Conch Cement Company, Ltd., Class A | 35,100 | 112,962 | |||
Anhui Conch Cement Company, Ltd., H Shares | 167,439 | 435,124 | |||
Anhui Gujing Distillery Company, Ltd., B Shares | 14,719 | 213,365 | |||
Anhui Gujing Distillery Company, Ltd., Class A | 3,600 | 74,970 |
23 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Anhui Jianghuai Automobile Group Corp. Ltd., Class A | 18,200 | $ | 96,338 | ||
Anhui Yingjia Distillery Company, Ltd., Class A | 5,200 | 29,106 | |||
Anker Innovations Technology Company, Ltd., Class A | 4,350 | 61,398 | |||
ANTA Sports Products, Ltd. | 174,083 | 2,100,695 | |||
Autohome, Inc., ADR | 9,168 | 224,799 | |||
Avary Holding Shenzhen Company, Ltd., Class A | 19,800 | 77,571 | |||
AVIC Airborne Systems Company, Ltd. | 28,980 | 46,588 | |||
AviChina Industry & Technology Company, Ltd., H Shares (B) | 387,295 | 194,832 | |||
AVICOPTER PLC, Class A | 5,700 | 29,097 | |||
BAIC BluePark New Energy Technology Company, Ltd., Class A (A) | 44,900 | 44,883 | |||
Baidu, Inc., Class A (A) | 313,535 | 3,218,164 | |||
Bank of Beijing Company, Ltd., Class A | 183,200 | 160,165 | |||
Bank of Changsha Company, Ltd., Class A | 37,600 | 51,142 | |||
Bank of Chengdu Company, Ltd., Class A | 35,900 | 96,580 | |||
Bank of China, Ltd., Class A | 271,100 | 207,625 | |||
Bank of China, Ltd., H Shares | 9,857,899 | 5,711,729 | |||
Bank of Communications Company, Ltd., Class A | 331,900 | 349,890 | |||
Bank of Communications Company, Ltd., H Shares | 1,205,090 | 1,051,914 | |||
Bank of Hangzhou Company, Ltd., Class A | 54,900 | 126,845 | |||
Bank of Jiangsu Company, Ltd., Class A | 161,400 | 245,906 | |||
Bank of Nanjing Company, Ltd., Class A | 97,200 | 154,679 | |||
Bank of Ningbo Company, Ltd., Class A | 56,700 | 209,879 | |||
Bank of Shanghai Company, Ltd., Class A | 115,100 | 169,037 | |||
Bank of Suzhou Company, Ltd., Class A | 36,300 | 43,921 | |||
Baoshan Iron & Steel Company, Ltd., Class A | 181,200 | 169,287 | |||
Beijing Kingsoft Office Software, Inc., Class A | 3,724 | 145,363 | |||
Beijing New Building Materials PLC, Class A | 13,900 | 55,208 | |||
Beijing Oriental Yuhong Waterproof Technology Company, Ltd., Class A | 7,600 | 11,754 | |||
Beijing Roborock Technology Company, Ltd., Class A | 1,689 | 53,148 | |||
Beijing Tiantan Biological Products Corp., Ltd., Class A | 13,140 | 34,857 | |||
Beijing Tong Ren Tang Company, Ltd., Class A | 10,800 | 56,832 | |||
Beijing Wantai Biological Pharmacy Enterprise Company, Ltd., Class A | 8,269 | 79,543 | |||
Beijing Yanjing Brewery Company, Ltd., Class A | 22,700 | 44,293 | |||
Beijing-Shanghai High Speed Railway Company, Ltd., Class A | 398,900 | 324,094 | |||
Bestechnic Shanghai Company, Ltd., Class A | 900 | 48,881 | |||
Bethel Automotive Safety Systems Company, Ltd., Class A (A) | 4,580 | 34,654 | |||
Bilibili, Inc., Class Z (A) | 31,713 | 581,426 | |||
BOC International China Company, Ltd., Class A | 35,000 | 47,919 | |||
BOE Technology Group Company, Ltd., Class A | 312,700 | 164,652 | |||
BYD Company, Ltd., Class A | 15,000 | 730,110 | |||
BYD Company, Ltd., H Shares | 169,472 | 8,422,421 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
BYD Electronic International Company, Ltd. | 109,301 | $ | 431,224 | ||
Caitong Securities Company, Ltd., Class A | 54,300 | 55,401 | |||
Cambricon Technologies Corp., Ltd., Class A (A) | 3,435 | 286,896 | |||
Capital Securities Company, Ltd., Class A | 16,300 | 42,309 | |||
CCOOP Group Company, Ltd., Class A (A) | 146,800 | 50,007 | |||
CGN Power Company, Ltd., Class A | 141,400 | 72,048 | |||
CGN Power Company, Ltd., H Shares (C) | 1,463,089 | 478,739 | |||
Changchun High-Tech Industry Group Company, Ltd., Class A (A) | 3,200 | 46,353 | |||
Changjiang Securities Company, Ltd., Class A | 59,400 | 53,830 | |||
Changzhou Xingyu Automotive Lighting Systems Company, Ltd., Class A | 2,200 | 42,622 | |||
Chaozhou Three-Circle Group Company, Ltd., Class A | 14,600 | 66,236 | |||
Chifeng Jilong Gold Mining Company, Ltd., Class A (A) | 11,400 | 41,733 | |||
China CITIC Bank Corp., Ltd., H Shares | 1,245,061 | 1,096,001 | |||
China Coal Energy Company, Ltd., H Shares | 279,593 | 312,953 | |||
China Communications Services Corp., Ltd., H Shares | 342,874 | 196,950 | |||
China Construction Bank Corp., Class A | 81,300 | 101,832 | |||
China Construction Bank Corp., H Shares | 13,257,124 | 11,852,885 | |||
China CSSC Holdings, Ltd., Class A | 38,100 | 162,089 | |||
China Eastern Airlines Corp., Ltd., Class A (A) | 111,100 | 62,106 | |||
China Energy Engineering Corp., Ltd., Class A | 274,900 | 84,994 | |||
China Everbright Bank Company, Ltd., Class A | 410,200 | 225,727 | |||
China Everbright Bank Company, Ltd., H Shares | 452,138 | 209,054 | |||
China Feihe, Ltd. (C) | 494,868 | 382,455 | |||
China Galaxy Securities Company, Ltd., Class A | 64,700 | 141,497 | |||
China Galaxy Securities Company, Ltd., H Shares | 488,520 | 469,683 | |||
China Great Wall Securities Company, Ltd., Class A | 44,200 | 49,088 | |||
China Greatwall Technology Group Company, Ltd., Class A (A) | 25,900 | 52,204 | |||
China Hongqiao Group, Ltd. | 389,332 | 691,830 | |||
China Huishan Dairy Holdings Company, Ltd. (A)(D) | 175,000 | 0 | |||
China International Capital Corp., Ltd., Class A | 24,200 | 110,769 | |||
China International Capital Corp., Ltd., H Shares (C) | 211,649 | 392,318 | |||
China Jushi Company, Ltd., Class A | 31,600 | 49,491 | |||
China Life Insurance Company, Ltd., Class A | 23,800 | 126,022 | |||
China Life Insurance Company, Ltd., H Shares | 1,043,911 | 2,113,672 | |||
China Literature, Ltd. (A)(C) | 55,450 | 188,533 | |||
China Longyuan Power Group Corp., Ltd., H Shares | 434,016 | 359,146 | |||
China Mengniu Dairy Company, Ltd. | 430,329 | 961,552 | |||
China Merchants Bank Company, Ltd., Class A | 173,500 | 1,043,277 |
24 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
China Merchants Bank Company, Ltd., H Shares | 535,887 | $ | 3,317,850 | ||
China Merchants Energy Shipping Company, Ltd., Class A | 61,300 | 51,396 | |||
China Merchants Expressway Network & Technology Holdings Company, Ltd., Class A | 43,600 | 76,715 | |||
China Merchants Securities Company, Ltd., Class A | 68,200 | 152,807 | |||
China Merchants Shekou Industrial Zone Holdings Company, Ltd., Class A | 77,500 | 93,211 | |||
China Minsheng Banking Corp., Ltd., Class A | 324,100 | 195,524 | |||
China Minsheng Banking Corp., Ltd., H Shares | 905,267 | 464,768 | |||
China National Building Material Company, Ltd., H Shares | 497,361 | 221,260 | |||
China National Chemical Engineering Company, Ltd., Class A | 55,500 | 59,355 | |||
China National Nuclear Power Company, Ltd., Class A | 171,400 | 227,902 | |||
China National Software & Service Company, Ltd., Class A (A) | 6,060 | 36,961 | |||
China Northern Rare Earth Group High-Tech Company, Ltd., Class A | 26,400 | 85,163 | |||
China Oilfield Services, Ltd., H Shares | 249,334 | 202,073 | |||
China Pacific Insurance Group Company, Ltd., Class A | 62,800 | 299,349 | |||
China Pacific Insurance Group Company, Ltd., H Shares | 362,763 | 1,127,037 | |||
China Petroleum & Chemical Corp., Class A | 263,200 | 210,951 | |||
China Petroleum & Chemical Corp., H Shares | 3,317,946 | 1,786,854 | |||
China Railway Group, Ltd., Class A | 174,400 | 135,107 | |||
China Railway Group, Ltd., H Shares | 577,115 | 259,544 | |||
China Railway Signal & Communication Corp., Ltd., Class A | 62,336 | 43,376 | |||
China Rare Earth Resources and Technology Company, Ltd., Class A | 6,100 | 28,632 | |||
China Resources Microelectronics, Ltd., Class A | 10,092 | 66,598 | |||
China Resources Mixc Lifestyle Services, Ltd. (C) | 92,681 | 438,066 | |||
China Resources Pharmaceutical Group, Ltd. (B)(C) | 256,750 | 168,384 | |||
China Resources Sanjiu Medical & Pharmaceutical Company, Ltd., Class A | 10,020 | 59,675 | |||
China Shenhua Energy Company, Ltd., Class A | 52,400 | 287,485 | |||
China Shenhua Energy Company, Ltd., H Shares | 468,002 | 1,972,481 | |||
China Southern Airlines Company, Ltd., Class A (A) | 84,100 | 71,057 | |||
China State Construction Engineering Corp., Ltd., Class A | 360,200 | 283,452 | |||
China Three Gorges Renewables Group Company, Ltd., Class A | 218,800 | 130,261 | |||
China Tourism Group Duty Free Corp., Ltd., Class A | 16,300 | 136,605 | |||
China Tower Corp., Ltd., H Shares (C) | 611,485 | 905,489 | |||
China United Network Communications, Ltd., Class A | 268,900 | 199,658 | |||
China Vanke Company, Ltd., Class A (A) | 90,600 | 83,267 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
China Vanke Company, Ltd., H Shares (A)(B) | 299,423 | $ | 194,607 | ||
China XD Electric Company, Ltd., Class A | 41,500 | 35,839 | |||
China Yangtze Power Company, Ltd., Class A | 201,200 | 843,725 | |||
China Zheshang Bank Company, Ltd., Class A | 210,800 | 94,185 | |||
Chongqing Brewery Company, Ltd., Class A | 3,800 | 30,406 | |||
Chongqing Changan Automobile Company, Ltd., Class A (A) | 68,410 | 116,845 | |||
Chongqing Rural Commercial Bank Company, Ltd., Class A | 90,300 | 90,827 | |||
Chongqing Zhifei Biological Products Company, Ltd., Class A | 19,150 | 50,760 | |||
Citic Pacific Special Steel Group Company, Ltd., Class A | 23,700 | 37,323 | |||
CITIC Securities Company, Ltd., Class A | 107,100 | 377,649 | |||
CITIC Securities Company, Ltd., H Shares | 217,342 | 546,987 | |||
CITIC, Ltd. | 565,235 | 710,878 | |||
CMOC Group, Ltd., Class A | 152,100 | 151,446 | |||
CMOC Group, Ltd., H Shares | 504,272 | 401,962 | |||
CNGR Advanced Material Company, Ltd., Class A | 4,920 | 21,157 | |||
CNOOC Energy Technology & Services, Ltd., Class A | 60,100 | 34,444 | |||
CNPC Capital Company, Ltd., Class A | 72,700 | 68,081 | |||
Contemporary Amperex Technology Company, Ltd., Class A | 36,420 | 1,257,636 | |||
COSCO SHIPPING Energy Transportation Company, Ltd., Class A | 24,000 | 33,589 | |||
COSCO SHIPPING Energy Transportation Company, Ltd., H Shares (B) | 177,224 | 138,063 | |||
COSCO SHIPPING Holdings Company, Ltd., Class A | 103,700 | 235,700 | |||
COSCO SHIPPING Holdings Company, Ltd., H Shares | 402,491 | 692,807 | |||
CRRC Corp., Ltd., Class A | 210,600 | 210,227 | |||
CRRC Corp., Ltd., H Shares | 596,773 | 381,372 | |||
CSC Financial Company, Ltd., Class A | 39,100 | 124,322 | |||
CSI Solar Company, Ltd., Class A | 28,607 | 35,346 | |||
CSPC Innovation Pharmaceutical Company, Ltd., Class A | 11,700 | 84,063 | |||
CSPC Pharmaceutical Group, Ltd. | 1,123,785 | 1,157,062 | |||
Daqin Railway Company, Ltd., Class A | 160,300 | 150,076 | |||
Datang International Power Generation Company, Ltd., Class A | 99,200 | 43,911 | |||
Dong-E-E-Jiao Company, Ltd., Class A | 4,700 | 35,681 | |||
Dongfang Electric Corp., Ltd., Class A | 25,100 | 55,491 | |||
Dongxing Securities Company, Ltd., Class A | 33,800 | 47,721 | |||
East Money Information Company, Ltd., Class A | 134,856 | 384,515 | |||
Eastroc Beverage Group Company, Ltd., Class A | 4,280 | 190,011 | |||
Ecovacs Robotics Company, Ltd., Class A | 4,900 | 36,378 | |||
Empyrean Technology Company, Ltd., Class A | 3,400 | 59,788 | |||
ENN Energy Holdings, Ltd. | 109,077 | 864,870 | |||
ENN Natural Gas Company, Ltd., Class A | 18,800 | 49,474 | |||
Eoptolink Technology, Inc., Ltd., Class A | 8,440 | 103,406 | |||
Eve Energy Company, Ltd., Class A | 16,600 | 103,512 | |||
Everbright Securities Company, Ltd., Class A | 41,300 | 93,022 |
25 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Everdisplay Optronics Shanghai Company, Ltd., Class A (A) | 69,102 | $ | 22,527 | ||
FAW Jiefang Group Company, Ltd., Class A | 22,100 | 22,034 | |||
Flat Glass Group Company, Ltd., Class A | 13,900 | 27,637 | |||
Focus Media Information Technology Company, Ltd., Class A | 116,400 | 120,461 | |||
Foshan Haitian Flavouring & Food Company, Ltd., Class A | 39,044 | 239,811 | |||
Fosun International, Ltd. | 316,435 | 184,664 | |||
Founder Securities Company, Ltd., Class A | 81,900 | 86,275 | |||
Foxconn Industrial Internet Company, Ltd., Class A | 112,700 | 294,797 | |||
Fuyao Glass Industry Group Company, Ltd., Class A | 16,300 | 131,170 | |||
Fuyao Glass Industry Group Company, Ltd., H Shares (C) | 83,174 | 594,127 | |||
GalaxyCore, Inc., Class A | 16,826 | 36,703 | |||
Ganfeng Lithium Group Company, Ltd., Class A | 10,360 | 43,213 | |||
GD Power Development Company, Ltd., Class A | 150,400 | 95,373 | |||
GEM Company, Ltd., Class A | 36,500 | 30,661 | |||
Genscript Biotech Corp. (A)(B) | 164,044 | 267,753 | |||
GF Securities Company, Ltd., Class A | 61,400 | 138,560 | |||
Giant Biogene Holding Company, Ltd. (C) | 42,200 | 380,305 | |||
GigaDevice Semiconductor, Inc., Class A (A) | 5,500 | 85,497 | |||
GoerTek, Inc., Class A | 29,800 | 86,220 | |||
Goldwind Science & Technology Company, Ltd., Class A | 30,500 | 39,092 | |||
Goneo Group Company, Ltd., Class A | 4,340 | 42,606 | |||
Gotion High-tech Company, Ltd., Class A | 12,100 | 41,048 | |||
Great Wall Motor Company, Ltd., Class A | 20,700 | 64,611 | |||
Great Wall Motor Company, Ltd., H Shares | 317,249 | 489,571 | |||
Gree Electric Appliances, Inc. of Zhuhai, Class A | 24,100 | 155,101 | |||
GRG Banking Equipment Company, Ltd., Class A | 20,200 | 33,901 | |||
Guangdong Haid Group Company, Ltd., Class A | 13,900 | 116,939 | |||
Guanghui Energy Company, Ltd., Class A | 51,100 | 42,015 | |||
Guangzhou Automobile Group Company, Ltd., Class A | 50,300 | 53,710 | |||
Guangzhou Baiyunshan Pharmaceutical Holdings Company, Ltd., Class A | 12,600 | 47,251 | |||
Guangzhou Haige Communications Group, Inc. Company, Class A | 18,300 | 34,602 | |||
Guangzhou Tinci Materials Technology Company, Ltd., Class A | 14,500 | 33,747 | |||
Guolian Minsheng Securities Company, Ltd., Class A | 33,200 | 45,600 | |||
Guosen Securities Company, Ltd., Class A | 64,000 | 99,695 | |||
Guotai Haitong Securities Company, Ltd. | 117,714 | 279,970 | |||
Guotai Haitong Securities Company, Ltd., H Shares (C) | 290,326 | 409,530 | |||
Guoyuan Securities Company, Ltd., Class A | 56,300 | 58,823 | |||
H World Group, Ltd., ADR | 28,614 | 1,009,216 | |||
Haidilao International Holding, Ltd. (C) | 226,816 | 432,318 | |||
Haier Smart Home Company, Ltd., Class A | 52,100 | 180,658 | |||
Haier Smart Home Company, Ltd., H Shares | 337,186 | 981,959 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Hainan Airlines Holding Company, Ltd., Class A (A) | 332,300 | $ | 61,926 | ||
Hainan Airport Infrastructure Company, Ltd., Class A (A) | 67,900 | 32,455 | |||
Haitian International Holdings, Ltd. | 87,963 | 213,878 | |||
Hangzhou First Applied Material Company, Ltd., Class A | 19,251 | 32,321 | |||
Hangzhou GreatStar Industrial Company, Ltd. | 11,600 | 37,905 | |||
Hangzhou Silan Microelectronics Company, Ltd., Class A (A) | 11,300 | 37,579 | |||
Hangzhou Tigermed Consulting Company, Ltd., A Shares | 3,600 | 24,699 | |||
Hansoh Pharmaceutical Group Company, Ltd. (C) | 165,299 | 543,210 | |||
Hebei Yangyuan Zhihui Beverage Company, Ltd., Class A | 10,400 | 35,233 | |||
Henan Shenhuo Coal Industry & Electricity Power Company, Ltd., Class A | 17,400 | 39,755 | |||
Henan Shuanghui Investment & Development Company, Ltd., Class A | 28,900 | 97,645 | |||
Hengan International Group Company, Ltd. | 87,190 | 235,491 | |||
Hengli Petrochemical Company, Ltd., Class A (A) | 56,000 | 117,600 | |||
Hengtong Optic-electric Company, Ltd., Class A | 22,500 | 46,720 | |||
Hisense Home Appliances Group Company, Ltd., Class A | 8,900 | 34,415 | |||
Hisense Home Appliances Group Company, Ltd., H Shares (B) | 47,000 | 154,668 | |||
Hithink RoyalFlush Information Network Company, Ltd., Class A | 4,600 | 156,977 | |||
HLA Group Corp., Ltd., Class A | 39,300 | 39,098 | |||
Hoshine Silicon Industry Company, Ltd., Class A | 4,800 | 32,579 | |||
Hua Hong Semiconductor, Ltd. (B)(C) | 89,732 | 359,591 | |||
Huadian Power International Corp., Ltd., Class A | 70,500 | 57,217 | |||
Huadong Medicine Company, Ltd., Class A | 13,900 | 86,085 | |||
Huafon Chemical Company, Ltd., Class A | 41,700 | 38,924 | |||
Huagong Tech Company, Ltd., Class A | 8,200 | 47,892 | |||
Huaibei Mining Holdings Company, Ltd., Class A | 21,100 | 36,350 | |||
Hualan Biological Engineering, Inc., Class A | 12,200 | 27,239 | |||
Huaneng Lancang River Hydropower, Inc., Class A | 42,900 | 59,965 | |||
Huaneng Power International, Inc., Class A | 74,100 | 74,302 | |||
Huaneng Power International, Inc., H Shares | 578,352 | 365,210 | |||
Huaqin Technology Company, Ltd., Class A | 5,800 | 53,174 | |||
Huatai Securities Company, Ltd., Class A | 74,100 | 171,821 | |||
Huatai Securities Company, Ltd., H Shares (C) | 177,106 | 296,994 | |||
Huaxia Bank Company, Ltd., Class A | 110,900 | 115,889 | |||
Huayu Automotive Systems Company, Ltd., Class A | 26,000 | 65,153 | |||
Hubei Jumpcan Pharmaceutical Company, Ltd., Class A | 7,400 | 27,735 | |||
Huizhou Desay Sv Automotive Company, Ltd., Class A | 4,400 | 67,326 |
26 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Humanwell Healthcare Group Company, Ltd., Class A | 12,800 | $ | 39,343 | ||
Hunan Valin Steel Company, Ltd., Class A | 53,100 | 35,078 | |||
Hundsun Technologies, Inc., Class A | 15,000 | 54,476 | |||
Hwatsing Technology Company, Ltd., Class A | 1,455 | 29,761 | |||
Hygon Information Technology Company, Ltd., Class A | 19,275 | 359,658 | |||
IEIT Systems Company, Ltd., Class A | 12,400 | 83,858 | |||
Iflytek Company, Ltd., Class A | 18,800 | 119,851 | |||
Imeik Technology Development Company, Ltd., Class A | 2,500 | 58,725 | |||
Industrial & Commercial Bank of China, Ltd., Class A | 503,000 | 493,315 | |||
Industrial & Commercial Bank of China, Ltd., H Shares | 9,603,826 | 6,965,402 | |||
Industrial Bank Company, Ltd., Class A | 175,600 | 550,987 | |||
Industrial Securities Company, Ltd., Class A | 89,800 | 71,571 | |||
Ingenic Semiconductor Company, Ltd., Class A (A) | 3,900 | 34,248 | |||
Inner Mongolia BaoTou Steel Union Company, Ltd., Class A (A) | 347,800 | 83,798 | |||
Inner Mongolia Dian Tou Energy Corp., Ltd., Class A | 16,700 | 45,795 | |||
Inner Mongolia Junzheng Energy & Chemical Industry Group Company, Ltd., Class A | 72,500 | 53,310 | |||
Inner Mongolia Yili Industrial Group Company, Ltd., Class A | 54,300 | 227,632 | |||
Inner Mongolia Yitai Coal Company, Ltd., Class B | 145,673 | 296,128 | |||
Innovent Biologics, Inc. (A)(C) | 169,021 | 1,333,680 | |||
Isoftstone Information Technology Group Company, Ltd., Class A | 7,850 | 56,752 | |||
J&T Global Express, Ltd. (A)(B) | 325,000 | 281,549 | |||
JA Solar Technology Company, Ltd., Class A (A) | 22,788 | 28,827 | |||
JCET Group Company, Ltd., Class A | 15,700 | 69,924 | |||
JCHX Mining Management Company, Ltd., Class A | 3,700 | 20,001 | |||
JD Health International, Inc. (A)(C) | 153,758 | 779,084 | |||
JD Logistics, Inc. (A)(C) | 266,894 | 420,013 | |||
JD.com, Inc., Class A | 336,053 | 5,438,389 | |||
Jiangsu Eastern Shenghong Company, Ltd., Class A | 46,300 | 54,601 | |||
Jiangsu Expressway Company, Ltd., H Shares | 162,837 | 207,287 | |||
Jiangsu Hengli Hydraulic Company, Ltd., Class A | 11,000 | 103,765 | |||
Jiangsu Hengrui Pharmaceuticals Company, Ltd., Class A | 52,800 | 399,819 | |||
Jiangsu Hoperun Software Company, Ltd., Class A (A) | 6,800 | 47,416 | |||
Jiangsu King's Luck Brewery JSC, Ltd., Class A | 9,800 | 59,821 | |||
Jiangsu Phoenix Publishing & Media Corp., Ltd., Class A | 21,000 | 34,286 | |||
Jiangsu Yanghe Distillery Company, Ltd., Class A | 12,900 | 117,453 | |||
Jiangsu Yoke Technology Company, Ltd., Class A | 4,400 | 31,950 | |||
Jiangsu Yuyue Medical Equipment & Supply Company, Ltd., Class A | 8,200 | 42,982 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Jiangsu Zhongtian Technology Company, Ltd., Class A | 31,300 | $ | 57,662 | ||
Jiangxi Copper Company, Ltd., Class A | 14,200 | 41,762 | |||
Jiangxi Copper Company, Ltd., H Shares | 148,515 | 262,014 | |||
Jinduicheng Molybdenum Company, Ltd., Class A | 15,200 | 22,220 | |||
Jinko Solar Company, Ltd., Class A | 72,161 | 51,942 | |||
Juneyao Airlines Company, Ltd., Class A | 14,000 | 27,009 | |||
Kanzhun, Ltd., ADR (A) | 35,950 | 609,712 | |||
KE Holdings, Inc., ADR | 95,570 | 1,764,222 | |||
Kingdee International Software Group Company, Ltd. (A) | 417,412 | 649,633 | |||
Kingsoft Corp., Ltd. | 126,596 | 536,800 | |||
Kuaishou Technology (A)(C) | 367,971 | 2,473,584 | |||
Kuang-Chi Technologies Company, Ltd., Class A | 17,800 | 109,518 | |||
Kunlun Tech Company, Ltd., Class A | 10,400 | 48,054 | |||
Kweichow Moutai Company, Ltd., Class A | 10,400 | 2,189,358 | |||
LB Group Company, Ltd., Class A | 20,100 | 46,054 | |||
Lenovo Group, Ltd. | 1,112,690 | 1,270,267 | |||
Lens Technology Company, Ltd., Class A | 43,100 | 120,816 | |||
Li Auto, Inc., Class A (A) | 169,698 | 2,416,007 | |||
Li Ning Company, Ltd. | 320,102 | 605,789 | |||
Liaoning Port Company, Ltd., Class A | 172,600 | 35,365 | |||
Lingyi iTech Guangdong Company, Class A | 59,900 | 66,884 | |||
Longfor Group Holdings, Ltd. (C) | 286,827 | 356,275 | |||
LONGi Green Energy Technology Company, Ltd., Class A | 59,140 | 117,774 | |||
Loongson Technology Corp, Ltd., Class A (A) | 2,360 | 42,348 | |||
Luxshare Precision Industry Company, Ltd., Class A | 61,400 | 257,646 | |||
Luzhou Laojiao Company, Ltd., Class A | 12,300 | 198,759 | |||
Mango Excellent Media Company, Ltd., Class A | 13,900 | 43,029 | |||
Maxscend Microelectronics Company, Ltd., Class A | 4,100 | 40,036 | |||
Meihua Holdings Group Company, Ltd., Class A | 20,000 | 29,066 | |||
Meituan, Class B (A)(C) | 676,846 | 11,705,809 | |||
Metallurgical Corp. of China, Ltd., Class A | 150,500 | 61,099 | |||
Midea Group Company, Ltd., Class A (A) | 30,300 | 331,990 | |||
Midea Group Company, Ltd., H Shares (A) | 40,500 | 423,413 | |||
MINISO Group Holding, Ltd. | 60,400 | 257,490 | |||
Montage Technology Company, Ltd., Class A | 9,609 | 101,440 | |||
Muyuan Foods Company, Ltd., Class A | 45,600 | 255,344 | |||
Nanjing Iron & Steel Company, Ltd., Class A | 45,600 | 26,939 | |||
Nanjing Securities Company, Ltd., Class A | 33,800 | 36,286 | |||
NARI Technology Company, Ltd., Class A | 65,148 | 200,268 | |||
National Silicon Industry Group Company, Ltd., Class A | 20,045 | 51,424 | |||
NAURA Technology Group Company, Ltd., Class A | 4,300 | 249,481 | |||
NetEase, Inc. | 265,996 | 6,431,316 | |||
New China Life Insurance Company, Ltd., Class A | 18,600 | 129,321 | |||
New China Life Insurance Company, Ltd., H Shares | 131,217 | 533,656 | |||
New Hope Liuhe Company, Ltd., Class A (A) | 31,600 | 41,968 |
27 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
New Oriental Education & Technology Group, Inc. | 202,958 | $ | 958,317 | ||
Nexchip Semiconductor Corp., Class A (A) | 14,931 | 42,220 | |||
Ninestar Corp., Class A (A) | 9,600 | 28,702 | |||
Ningbo Deye Technology Company, Ltd., Class A | 5,152 | 58,813 | |||
Ningbo Orient Wires & Cables Company, Ltd., Class A | 5,300 | 35,032 | |||
Ningbo Sanxing Medical Electric Company, Ltd., Class A | 11,600 | 35,431 | |||
Ningbo Tuopu Group Company, Ltd., Class A | 14,290 | 96,816 | |||
Ningxia Baofeng Energy Group Company, Ltd., Class A | 59,900 | 133,022 | |||
NIO, Inc., Class A (A) | 213,530 | 753,114 | |||
Nongfu Spring Company, Ltd., H Shares (C) | 276,606 | 1,343,974 | |||
OFILM Group Company, Ltd., Class A (A) | 24,100 | 39,178 | |||
Oppein Home Group, Inc., Class A | 3,900 | 33,296 | |||
Orient Securities Company, Ltd., Class A | 81,100 | 104,789 | |||
Pangang Group Vanadium Titanium & Resources Company, Ltd., Class A (A) | 52,200 | 18,068 | |||
PetroChina Company, Ltd., Class A | 171,800 | 197,621 | |||
PetroChina Company, Ltd., H Shares | 2,914,130 | 2,438,816 | |||
Pharmaron Beijing Company, Ltd., Class A | 13,725 | 45,240 | |||
PICC Property & Casualty Company, Ltd., H Shares | 961,292 | 1,826,563 | |||
Ping An Bank Company, Ltd., Class A | 169,500 | 271,654 | |||
Ping An Insurance Group Company of China, Ltd., Class A | 89,100 | 656,600 | |||
Ping An Insurance Group Company of China, Ltd., H Shares | 928,662 | 5,423,926 | |||
Piotech, Inc., Class A | 1,788 | 36,486 | |||
Poly Developments and Holdings Group Company, Ltd., Class A | 109,000 | 122,555 | |||
Pop Mart International Group, Ltd. (C) | 73,807 | 2,062,760 | |||
Postal Savings Bank of China Company, Ltd., Class A | 247,200 | 182,667 | |||
Postal Savings Bank of China Company, Ltd., H Shares (C) | 1,226,504 | 795,328 | |||
Power Construction Corp. of China, Ltd., Class A | 138,800 | 90,755 | |||
Qifu Technology, Inc., ADR | 16,133 | 663,066 | |||
Qinghai Salt Lake Industry Company, Ltd., Class A (A) | 39,100 | 85,718 | |||
Range Intelligent Computing Technology Group Company, Ltd., Class A | 11,400 | 67,627 | |||
Rockchip Electronics Company, Ltd., Class A | 3,500 | 69,771 | |||
Rongsheng Petrochemical Company, Ltd., Class A | 81,100 | 96,550 | |||
SAIC Motor Corp., Ltd., Class A | 65,100 | 146,038 | |||
Sailun Group Company, Ltd., Class A | 27,600 | 47,890 | |||
Sanan Optoelectronics Company, Ltd., Class A | 38,300 | 65,884 | |||
Sany Heavy Industry Company, Ltd., Class A | 69,400 | 181,181 | |||
Satellite Chemical Company, Ltd., Class A | 29,743 | 68,914 | |||
SDIC Capital Company, Ltd., Class A | 70,500 | 68,037 | |||
SDIC Power Holdings Company, Ltd., Class A | 66,600 | 144,729 | |||
Seres Group Company, Ltd., Class A | 12,000 | 225,478 | |||
SF Holding Company, Ltd., Class A | 38,800 | 247,973 | |||
SG Micro Corp., Class A | 3,570 | 45,623 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Shaanxi Coal Industry Company, Ltd., Class A | 78,100 | $ | 225,924 | ||
Shandong Gold Mining Company, Ltd., Class A | 29,100 | 121,571 | |||
Shandong Gold Mining Company, Ltd., H Shares (B)(C) | 104,037 | 325,624 | |||
Shandong Himile Mechanical Science & Technology Company, Ltd., Class A | 6,500 | 55,318 | |||
Shandong Hualu Hengsheng Chemical Company, Ltd., Class A | 14,200 | 40,994 | |||
Shandong Linglong Tyre Company, Ltd., Class A | 13,500 | 26,930 | |||
Shandong Nanshan Aluminum Company, Ltd., Class A | 96,000 | 49,888 | |||
Shandong Sun Paper Industry JSC, Ltd., Class A | 23,800 | 46,505 | |||
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares | 341,095 | 243,754 | |||
Shanghai Baosight Software Company, Ltd., Class A | 17,972 | 62,442 | |||
Shanghai Baosight Software Company, Ltd., Class B | 95,782 | 132,494 | |||
Shanghai BOCHU Electronic Technology Corp., Ltd., Class A | 1,516 | 39,686 | |||
Shanghai Electric Group Company, Ltd., Class A (A) | 105,700 | 108,644 | |||
Shanghai Fosun Pharmaceutical Group Company, Ltd., Class A | 17,700 | 62,210 | |||
Shanghai International Airport Company, Ltd., Class A | 5,900 | 26,474 | |||
Shanghai M&G Stationery, Inc., Class A | 5,600 | 22,882 | |||
Shanghai Pharmaceuticals Holding Company, Ltd., Class A | 23,600 | 60,289 | |||
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares (B) | 95,696 | 138,784 | |||
Shanghai Pudong Development Bank Company, Ltd., Class A | 248,900 | 425,132 | |||
Shanghai Putailai New Energy Technology Company, Ltd., Class A | 16,510 | 35,772 | |||
Shanghai RAAS Blood Products Company, Ltd., Class A | 52,700 | 49,779 | |||
Shanghai Rural Commercial Bank Company, Ltd., Class A | 77,700 | 96,673 | |||
Shanghai United Imaging Healthcare Company, Ltd., Class A | 6,432 | 122,224 | |||
Shanghai Zhangjiang High-Tech Park Development Company, Ltd., Class A | 13,100 | 45,343 | |||
Shanjin International Gold Company, Ltd., Class A | 20,500 | 56,165 | |||
Shanxi Coking Coal Energy Group Company, Ltd., Class A | 29,600 | 24,688 | |||
Shanxi Lu'an Environmental Energy Development Company, Ltd., Class A | 19,800 | 29,493 | |||
Shanxi Xinghuacun Fen Wine Factory Company, Ltd., Class A | 9,900 | 252,173 | |||
Shenergy Company, Ltd., Class A | 38,200 | 47,602 | |||
Shengyi Technology Company, Ltd., Class A | 20,800 | 75,536 | |||
Shennan Circuits Company, Ltd., Class A | 5,490 | 64,062 | |||
Shenwan Hongyuan Group Company, Ltd., Class A | 211,400 | 138,524 | |||
Shenzhen Energy Group Company, Ltd., Class A | 36,100 | 32,526 |
28 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Shenzhen Goodix Technology Company, Ltd., Class A | 3,900 | $ | 37,206 | ||
Shenzhen Inovance Technology Company, Ltd., Class A | 10,700 | 97,377 | |||
Shenzhen Mindray Bio-Medical Electronics Company, Ltd., Class A | 10,100 | 315,364 | |||
Shenzhen New Industries Biomedical Engineering Company, Ltd., Class A | 6,400 | 53,177 | |||
Shenzhen Salubris Pharmaceuticals Company, Ltd., Class A | 9,300 | 58,665 | |||
Shenzhen Transsion Holdings Company, Ltd., Class A | 8,972 | 90,304 | |||
Shenzhou International Group Holdings, Ltd. | 114,991 | 831,587 | |||
Shijiazhuang Yiling Pharmaceutical Company, Ltd., Class A | 16,000 | 32,365 | |||
Sichuan Changhong Electric Company, Ltd., Class A | 38,300 | 52,374 | |||
Sichuan Chuantou Energy Company, Ltd., Class A | 39,200 | 91,680 | |||
Sichuan Kelun Pharmaceutical Company, Ltd., Class A | 13,100 | 69,983 | |||
Sichuan Road and Bridge Group Company, Ltd., Class A | 42,700 | 54,832 | |||
Sieyuan Electric Company, Ltd., Class A | 6,200 | 62,032 | |||
Silergy Corp. | 43,000 | 493,954 | |||
Sinolink Securities Company, Ltd., Class A | 43,600 | 50,288 | |||
Sinopharm Group Company, Ltd., H Shares | 186,553 | 449,719 | |||
Sinotruk Hong Kong, Ltd. | 94,000 | 236,851 | |||
Smoore International Holdings, Ltd. (B)(C) | 257,334 | 632,052 | |||
SooChow Securities Company, Ltd., Class A | 53,900 | 59,414 | |||
Southwest Securities Company, Ltd., Class A | 86,300 | 49,568 | |||
Spring Airlines Company, Ltd., Class A | 7,500 | 61,145 | |||
Sungrow Power Supply Company, Ltd., Class A | 17,320 | 144,798 | |||
Sunny Optical Technology Group Company, Ltd. | 97,964 | 747,915 | |||
Sunwoda Electronic Company, Ltd., Class A | 17,400 | 44,559 | |||
SUPCON Technology Company, Ltd., Class A | 5,742 | 35,029 | |||
Suzhou Dongshan Precision Manufacturing Company, Ltd., Class A | 14,400 | 56,146 | |||
Suzhou Maxwell Technologies Company, Ltd., Class A | 1,684 | 15,916 | |||
Suzhou TFC Optical Communication Company, Ltd., Class A | 4,720 | 53,549 | |||
TAL Education Group, ADR (A) | 56,847 | 558,806 | |||
TBEA Company, Ltd., Class A | 36,510 | 58,800 | |||
TCL Technology Group Corp., Class A | 154,870 | 91,748 | |||
TCL Zhonghuan Renewable Energy Technology Company, Ltd., Class A | 25,100 | 26,347 | |||
Tencent Holdings, Ltd. | 888,495 | 56,013,055 | |||
Tencent Music Entertainment Group, ADR | 103,610 | 1,744,792 | |||
The People's Insurance Company Group of China, Ltd., Class A | 89,200 | 102,151 | |||
The People's Insurance Company Group of China, Ltd., H Shares | 1,204,879 | 785,925 | |||
Tianfeng Securities Company, Ltd., Class A (A) | 73,700 | 39,578 | |||
Tianqi Lithium Corp., Class A | 9,400 | 37,593 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Tianshan Aluminum Group Company, Ltd., Class A | 35,200 | $ | 37,589 | ||
Tianshui Huatian Technology Company, Ltd., Class A | 26,100 | 31,598 | |||
Tingyi Cayman Islands Holding Corp. | 269,102 | 440,372 | |||
Tongcheng Travel Holdings, Ltd. | 175,112 | 492,059 | |||
TongFu Microelectronics Company, Ltd., Class A | 12,700 | 41,255 | |||
Tongkun Group Company, Ltd., Class A | 21,600 | 32,388 | |||
Tongling Nonferrous Metals Group Company, Ltd., Class A | 74,600 | 32,722 | |||
Tongwei Company, Ltd., Class A | 34,100 | 76,937 | |||
TravelSky Technology, Ltd., H Shares | 129,173 | 183,214 | |||
Trina Solar Company, Ltd., Class A | 14,888 | 27,623 | |||
Tsingtao Brewery Company, Ltd., Class A | 6,900 | 70,908 | |||
Tsingtao Brewery Company, Ltd., H Shares | 86,597 | 599,076 | |||
Unigroup Guoxin Microelectronics Company, Ltd., Class A | 6,479 | 57,420 | |||
Unisplendour Corp., Ltd., Class A | 23,300 | 77,345 | |||
Universal Scientific Industrial Shanghai Company, Ltd., Class A | 15,600 | 29,195 | |||
Victory Giant Technology Huizhou Company, Ltd., Class A | 7,500 | 90,292 | |||
Vipshop Holdings, Ltd., ADR | 45,348 | 625,349 | |||
Wanhua Chemical Group Company, Ltd., Class A | 27,200 | 203,935 | |||
Weichai Power Company, Ltd., Class A | 64,100 | 133,373 | |||
Weichai Power Company, Ltd., H Shares | 261,633 | 509,417 | |||
Weihai Guangwei Composites Company, Ltd., Class A | 6,800 | 28,870 | |||
Wens Foodstuff Group Company, Ltd., Class A | 52,500 | 121,107 | |||
Western Mining Company, Ltd., Class A (A) | 19,500 | 42,593 | |||
Western Securities Company, Ltd., Class A | 50,700 | 52,092 | |||
Western Superconducting Technologies Company, Ltd., Class A | 4,469 | 30,668 | |||
Will Semiconductor Company, Ltd., Class A | 10,145 | 174,973 | |||
Wingtech Technology Company, Ltd., Class A | 9,400 | 44,275 | |||
Wintime Energy Group Company, Ltd., Class A | 215,800 | 40,356 | |||
Wuhan Guide Infrared Company, Ltd., Class A (A) | 25,378 | 31,074 | |||
Wuliangye Yibin Company, Ltd., Class A | 32,500 | 568,096 | |||
WUS Printed Circuit Kunshan Company, Ltd., Class A | 16,400 | 70,593 | |||
WuXi AppTec Company, Ltd., Class A | 22,600 | 198,509 | |||
WuXi AppTec Company, Ltd., H Shares (C) | 41,894 | 365,059 | |||
WuXi Biologics Cayman, Inc. (A)(C) | 481,120 | 1,519,593 | |||
XCMG Construction Machinery Company, Ltd., Class A | 97,000 | 110,822 | |||
Xiamen C & D, Inc., Class A | 22,300 | 30,653 | |||
Xiamen Tungsten Company, Ltd., Class A | 7,300 | 19,626 | |||
Xiaomi Corp., Class B (A)(C) | 2,266,634 | 14,590,337 | |||
Xinjiang Daqo New Energy Company, Ltd., Class A | 12,136 | 32,348 | |||
Xinyi Solar Holdings, Ltd. | 623,086 | 187,055 | |||
XPeng, Inc., A Shares (A) | 170,576 | 1,652,501 | |||
Yadea Group Holdings, Ltd. (C) | 168,485 | 256,624 | |||
Yangzijiang Shipbuilding Holdings, Ltd. | 348,200 | 570,460 |
29 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Yankuang Energy Group Company, Ltd., Class A | 39,370 | $ | 70,278 | ||
Yankuang Energy Group Company, Ltd., H Shares (B) | 442,584 | 525,142 | |||
Yantai Jereh Oilfield Services Group Company, Ltd., Class A | 8,800 | 42,116 | |||
Yealink Network Technology Corp., Ltd., Class A | 10,280 | 48,052 | |||
Yifeng Pharmacy Chain Company, Ltd., Class A | 8,528 | 30,776 | |||
Yihai Kerry Arawana Holdings Company, Ltd., Class A | 13,800 | 57,978 | |||
Yonghui Superstores Company, Ltd., Class A (A) | 70,500 | 48,268 | |||
Yonyou Network Technology Company, Ltd., Class A (A) | 26,200 | 47,446 | |||
Youngor Fashion Company, Ltd., Class A | 45,000 | 46,860 | |||
YTO Express Group Company, Ltd., Class A | 25,900 | 47,352 | |||
Yum China Holdings, Inc. | 52,360 | 2,285,514 | |||
Yunnan Aluminium Company, Ltd., Class A | 26,000 | 52,496 | |||
Yunnan Baiyao Group Company, Ltd., Class A | 14,740 | 115,458 | |||
Yunnan Chihong Zinc&Germanium Company, Ltd., Class A | 26,100 | 18,533 | |||
Yunnan Energy New Material Company, Ltd., Class A | 7,100 | 27,331 | |||
Yunnan Yuntianhua Company, Ltd., Class A | 14,600 | 44,145 | |||
Yutong Bus Company, Ltd., Class A | 18,500 | 63,396 | |||
Zangge Mining Company, Ltd., Class A | 12,000 | 60,256 | |||
Zhangzhou Pientzehuang Pharmaceutical Company, Ltd., Class A | 4,700 | 132,821 | |||
Zhaojin Mining Industry Company, Ltd., H Shares | 232,743 | 589,550 | |||
Zhejiang China Commodities City Group Company, Ltd., Class A | 47,700 | 116,233 | |||
Zhejiang Chint Electrics Company, Ltd., Class A | 16,000 | 48,602 | |||
Zhejiang Dahua Technology Company, Ltd., Class A | 26,200 | 55,329 | |||
Zhejiang Dingli Machinery Company, Ltd., Class A | 4,500 | 28,220 | |||
Zhejiang Expressway Company, Ltd., H Shares | 216,255 | 171,100 | |||
Zhejiang Huayou Cobalt Company, Ltd., Class A | 13,010 | 60,047 | |||
Zhejiang Jingsheng Mechanical & Electrical Company, Ltd., Class A | 8,500 | 31,758 | |||
Zhejiang Juhua Company, Ltd., Class A | 22,400 | 82,044 | |||
Zhejiang Leapmotor Technology Company, Ltd. (A)(C) | 68,300 | 479,326 | |||
Zhejiang Longsheng Group Company, Ltd., Class A | 29,900 | 40,667 | |||
Zhejiang NHU Company, Ltd., Class A | 26,580 | 80,896 | |||
Zhejiang Sanhua Intelligent Controls Company, Ltd., Class A | 16,600 | 59,410 | |||
Zhejiang Supor Company, Ltd., Class A | 3,100 | 23,360 | |||
Zhejiang Wanfeng Auto Wheel Company, Ltd., Class A | 18,200 | 40,784 | |||
Zhejiang Weiming Environment Protection Company, Ltd., Class A | 12,080 | 32,634 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
China (continued) | |||||
Zhejiang Zheneng Electric Power Company, Ltd., Class A | 93,100 | $ | 69,128 | ||
Zheshang Securities Company, Ltd., Class A | 48,700 | 70,415 | |||
Zhongji Innolight Company, Ltd., Class A | 9,680 | 125,624 | |||
Zhongjin Gold Corp., Ltd., Class A | 37,100 | 72,002 | |||
Zhongsheng Group Holdings, Ltd. | 114,054 | 171,120 | |||
Zhongtai Securities Company, Ltd., Class A | 68,800 | 58,059 | |||
Zhuzhou CRRC Times Electric Company, Ltd., Class A | 7,272 | 44,098 | |||
Zhuzhou CRRC Times Electric Company, Ltd., H Shares | 66,292 | 280,722 | |||
Zijin Mining Group Company, Ltd., Class A | 172,600 | 424,248 | |||
Zijin Mining Group Company, Ltd., H Shares | 780,396 | 1,734,715 | |||
Zoomlion Heavy Industry Science and Technology Company, Ltd., Class A | 59,600 | 58,922 | |||
ZTE Corp., Class A | 34,000 | 146,210 | |||
ZTE Corp., H Shares | 103,775 | 289,519 | |||
ZTO Express Cayman, Inc. | 58,050 | 1,026,386 | |||
299,713,469 | |||||
Colombia - 0.0% | |||||
Grupo Cibest SA | 34,768 | 408,346 | |||
Interconexion Electrica SA ESP | 61,745 | 287,103 | |||
695,449 | |||||
Czech Republic - 0.0% | |||||
CEZ AS | 20,183 | 1,110,428 | |||
Komercni banka AS | 9,734 | 450,495 | |||
Moneta Money Bank AS (C) | 34,146 | 223,584 | |||
1,784,507 | |||||
Denmark - 1.2% | |||||
A.P. Moller - Maersk A/S, Series A (B) | 236 | 421,518 | |||
A.P. Moller - Maersk A/S, Series B (B) | 600 | 1,086,987 | |||
Carlsberg A/S, Class B | 10,762 | 1,540,494 | |||
Coloplast A/S, B Shares | 14,118 | 1,372,560 | |||
Danske Bank A/S | 77,421 | 2,966,749 | |||
Demant A/S (A) | 9,790 | 384,490 | |||
DSV A/S | 22,978 | 5,410,963 | |||
Genmab A/S (A) | 7,056 | 1,488,531 | |||
Novo Nordisk A/S, Class B | 362,010 | 25,720,016 | |||
Novonesis A/S, B Shares | 39,498 | 2,783,040 | |||
Orsted A/S (A)(B)(C) | 18,640 | 766,039 | |||
Pandora A/S | 9,232 | 1,687,548 | |||
ROCKWOOL A/S, B Shares | 10,610 | 503,468 | |||
Tryg A/S (B) | 40,016 | 1,029,452 | |||
Vestas Wind Systems A/S | 113,119 | 1,789,006 | |||
Zealand Pharma A/S (A)(B) | 7,198 | 500,342 | |||
49,451,203 | |||||
Egypt - 0.0% | |||||
Commercial International Bank Egypt SAE | 99,516 | 165,693 | |||
Eastern Company SAE | 58,000 | 38,873 | |||
Talaat Moustafa Group | 33,869 | 37,436 | |||
242,002 | |||||
Finland - 0.6% | |||||
Elisa OYJ | 17,933 | 945,453 | |||
Fortum OYJ | 56,908 | 983,443 | |||
Kesko OYJ, B Shares | 34,492 | 834,136 | |||
Kone OYJ, B Shares | 43,478 | 2,712,876 | |||
Metso OYJ | 80,941 | 979,549 | |||
Neste OYJ | 53,604 | 575,029 |
30 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Finland (continued) | |||||
Nokia OYJ | 684,741 | $ | 3,563,589 | ||
Nordea Bank ABP | 403,715 | 5,853,085 | |||
Orion OYJ, Class B | 13,829 | 938,252 | |||
Sampo OYJ, A Shares | 319,050 | 3,404,947 | |||
Stora Enso OYJ, R Shares | 75,682 | 765,277 | |||
UPM-Kymmene OYJ | 68,613 | 1,899,014 | |||
Wartsila OYJ ABP | 64,751 | 1,298,250 | |||
24,752,900 | |||||
France - 6.3% | |||||
Accor SA | 24,689 | 1,311,651 | |||
Aeroports de Paris SA | 4,215 | 565,021 | |||
Air Liquide SA | 73,352 | 15,199,147 | |||
Airbus SE | 75,457 | 13,878,355 | |||
Alstom SA (A) | 43,694 | 987,721 | |||
Amundi SA (C) | 8,503 | 694,209 | |||
Arkema SA | 7,336 | 524,197 | |||
AXA SA | 227,594 | 10,727,744 | |||
BioMerieux | 5,100 | 683,886 | |||
BNP Paribas SA | 129,489 | 11,339,900 | |||
Bollore SE | 90,029 | 572,645 | |||
Bouygues SA | 23,477 | 1,023,680 | |||
Bureau Veritas SA | 39,986 | 1,366,411 | |||
Capgemini SE | 19,548 | 3,246,193 | |||
Carrefour SA | 68,314 | 1,021,590 | |||
Cie de Saint-Gobain SA | 57,119 | 6,430,664 | |||
Cie Generale des Etablissements Michelin SCA | 84,980 | 3,251,244 | |||
Covivio SA | 6,834 | 410,037 | |||
Credit Agricole SA | 135,552 | 2,481,839 | |||
Danone SA | 81,683 | 6,983,661 | |||
Dassault Aviation SA | 2,467 | 897,290 | |||
Dassault Systemes SE | 84,471 | 3,167,524 | |||
Edenred SE | 30,370 | 948,752 | |||
Eiffage SA | 8,507 | 1,170,099 | |||
Engie SA | 230,887 | 4,983,226 | |||
EssilorLuxottica SA | 37,756 | 10,490,604 | |||
Eurazeo SE | 5,409 | 378,260 | |||
FDJ UNITED (C) | 12,659 | 464,572 | |||
Gecina SA | 5,618 | 618,376 | |||
Getlink SE | 36,628 | 700,611 | |||
Hermes International SCA | 4,018 | 11,079,660 | |||
Ipsen SA | 4,768 | 561,383 | |||
Kering SA | 9,450 | 1,846,972 | |||
Klepierre SA | 26,532 | 1,038,661 | |||
Legrand SA | 33,260 | 4,039,615 | |||
L'Oreal SA | 30,515 | 12,915,912 | |||
LVMH Moet Hennessy Louis Vuitton SE | 34,934 | 18,948,393 | |||
Orange SA | 234,101 | 3,494,046 | |||
Pernod Ricard SA | 25,642 | 2,651,439 | |||
Publicis Groupe SA | 29,204 | 3,183,422 | |||
Renault SA | 24,320 | 1,250,400 | |||
Rexel SA | 28,505 | 800,664 | |||
Safran SA | 45,739 | 13,527,592 | |||
Sanofi SA | 144,397 | 14,301,176 | |||
Sartorius Stedim Biotech | 3,716 | 818,552 | |||
Schneider Electric SE | 68,291 | 17,230,571 | |||
Schneider Electric SE (Euronext London Exchange) | 1,178 | 296,844 | |||
Societe Generale SA | 91,717 | 4,980,007 | |||
Sodexo SA | 11,117 | 767,763 | |||
Teleperformance SE | 6,804 | 687,693 | |||
Thales SA | 11,736 | 3,594,394 | |||
TotalEnergies SE | 273,040 | 16,073,328 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
France (continued) | |||||
Unibail-Rodamco-Westfield (A) | 15,437 | $ | 1,464,045 | ||
Veolia Environnement SA | 88,548 | 3,047,514 | |||
Vinci SA | 62,562 | 8,939,194 | |||
254,058,349 | |||||
Germany - 6.6% | |||||
adidas AG | 24,933 | 6,218,606 | |||
Allianz SE | 56,667 | 22,474,832 | |||
BASF SE | 130,071 | 6,272,268 | |||
Bayer AG | 143,185 | 4,031,153 | |||
Bayerische Motoren Werke AG | 42,516 | 3,772,055 | |||
Beiersdorf AG | 14,286 | 1,959,538 | |||
Brenntag SE | 17,625 | 1,194,496 | |||
Commerzbank AG | 137,244 | 4,180,307 | |||
Continental AG | 15,878 | 1,392,520 | |||
Covestro AG (A) | 25,783 | 1,771,669 | |||
CTS Eventim AG & Company KGaA | 8,929 | 1,083,054 | |||
Daimler Truck Holding AG | 69,280 | 3,009,059 | |||
Delivery Hero SE (A)(C) | 27,398 | 757,453 | |||
Deutsche Bank AG | 271,139 | 7,509,207 | |||
Deutsche Boerse AG | 27,476 | 8,851,335 | |||
Deutsche Lufthansa AG | 86,633 | 693,306 | |||
Deutsche Telekom AG | 509,010 | 19,275,360 | |||
DHL Group | 139,777 | 6,272,179 | |||
E.ON SE | 326,043 | 5,714,247 | |||
Evonik Industries AG | 36,535 | 791,803 | |||
Fresenius Medical Care AG | 29,992 | 1,703,679 | |||
Fresenius SE & Company KGaA | 61,474 | 3,012,774 | |||
GEA Group AG | 22,209 | 1,487,480 | |||
Hannover Rueck SE | 9,052 | 2,862,293 | |||
Heidelberg Materials AG | 19,909 | 3,902,379 | |||
Henkel AG & Company KGaA | 13,345 | 979,855 | |||
Infineon Technologies AG | 190,575 | 7,409,487 | |||
Knorr-Bremse AG | 10,308 | 1,043,017 | |||
LEG Immobilien SE | 10,838 | 920,205 | |||
Mercedes-Benz Group AG | 105,506 | 6,309,001 | |||
Merck KGaA | 18,955 | 2,483,835 | |||
MTU Aero Engines AG | 7,857 | 3,142,550 | |||
Muenchener Rueckversicherungs-Gesellschaft AG | 19,648 | 12,729,366 | |||
Nemetschek SE | 8,298 | 1,153,593 | |||
Puma SE | 15,241 | 395,436 | |||
Rational AG | 724 | 595,294 | |||
Rheinmetall AG | 6,350 | 13,609,711 | |||
RWE AG | 92,011 | 3,464,404 | |||
SAP SE | 152,267 | 46,063,711 | |||
Scout24 SE (C) | 10,744 | 1,463,914 | |||
Siemens AG | 110,870 | 26,666,747 | |||
Siemens Energy AG (A) | 93,264 | 9,114,251 | |||
Siemens Healthineers AG (C) | 41,327 | 2,187,326 | |||
Symrise AG | 19,278 | 2,305,034 | |||
Talanx AG | 9,816 | 1,273,434 | |||
Vonovia SE | 107,590 | 3,525,127 | |||
Zalando SE (A)(C) | 32,651 | 1,166,606 | |||
268,194,956 | |||||
Greece - 0.2% | |||||
Alpha Services and Holdings SA | 286,068 | 918,010 | |||
Eurobank Ergasias Services and Holdings SA | 340,655 | 1,049,233 | |||
Hellenic Telecommunications Organization SA | 21,056 | 406,036 | |||
JUMBO SA | 14,930 | 485,066 | |||
Metlen Energy & Metals SA | 13,727 | 696,049 | |||
National Bank of Greece SA | 114,133 | 1,359,044 |
31 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Greece (continued) | |||||
OPAP SA | 23,911 | $ | 514,157 | ||
Piraeus Financial Holdings SA | 138,035 | 919,569 | |||
Public Power Corp. SA | 23,207 | 353,597 | |||
6,700,761 | |||||
Hong Kong - 1.6% | |||||
AIA Group, Ltd. | 1,449,674 | 12,067,265 | |||
Alibaba Health Information Technology, Ltd. (A)(B) | 769,746 | 439,881 | |||
Beijing Enterprises Holdings, Ltd. | 69,970 | 293,172 | |||
Beijing Enterprises Water Group, Ltd. | 531,340 | 174,721 | |||
BOC Hong Kong Holdings, Ltd. | 495,301 | 2,082,994 | |||
Bosideng International Holdings, Ltd. | 627,812 | 350,648 | |||
C&D International Investment Group, Ltd. | 92,246 | 165,093 | |||
China Gas Holdings, Ltd. | 369,702 | 336,604 | |||
China Merchants Port Holdings Company, Ltd. | 176,231 | 340,356 | |||
China Overseas Land & Investment, Ltd. | 531,752 | 888,427 | |||
China Power International Development, Ltd. | 573,969 | 233,815 | |||
China Resources Beer Holdings Company, Ltd. | 223,662 | 707,852 | |||
China Resources Gas Group, Ltd. | 127,373 | 338,189 | |||
China Resources Land, Ltd. | 446,711 | 1,447,011 | |||
China Resources Power Holdings Company, Ltd. | 284,808 | 738,912 | |||
China Ruyi Holdings, Ltd. (A)(B) | 857,326 | 223,880 | |||
China State Construction International Holdings, Ltd. | 271,116 | 381,359 | |||
China Taiping Insurance Holdings Company, Ltd. | 204,529 | 313,021 | |||
Chow Tai Fook Jewellery Group, Ltd. | 269,831 | 383,051 | |||
CK Asset Holdings, Ltd. | 258,073 | 1,066,033 | |||
CK Hutchison Holdings, Ltd. | 360,134 | 2,013,766 | |||
CK Infrastructure Holdings, Ltd. | 83,799 | 541,510 | |||
CLP Holdings, Ltd. | 218,344 | 1,849,025 | |||
Far East Horizon, Ltd. | 266,693 | 206,180 | |||
Futu Holdings, Ltd., ADR | 7,630 | 777,726 | |||
Galaxy Entertainment Group, Ltd. | 292,387 | 1,236,418 | |||
GCL Technology Holdings, Ltd. (A) | 3,131,736 | 325,983 | |||
Geely Automobile Holdings, Ltd. | 831,860 | 1,854,064 | |||
Guangdong Investment, Ltd. | 400,587 | 324,939 | |||
Hang Seng Bank, Ltd. | 100,133 | 1,397,935 | |||
Henderson Land Development Company, Ltd. | 194,796 | 607,933 | |||
HKT Trust & HKT, Ltd. | 493,846 | 711,280 | |||
Hong Kong & China Gas Company, Ltd. | 1,483,498 | 1,302,265 | |||
Hong Kong Exchanges & Clearing, Ltd. | 161,785 | 8,093,185 | |||
Hongkong Land Holdings, Ltd. | 147,946 | 764,244 | |||
Jardine Matheson Holdings, Ltd. | 21,467 | 957,567 | |||
Kunlun Energy Company, Ltd. | 537,215 | 536,659 | |||
Link REIT | 345,585 | 1,828,917 | |||
MTR Corp., Ltd. | 200,212 | 698,026 | |||
Orient Overseas International, Ltd. | 18,727 | 321,926 | |||
Power Assets Holdings, Ltd. | 184,306 | 1,165,481 | |||
Prudential PLC | 350,184 | 3,982,893 | |||
Sino Biopharmaceutical, Ltd. | 1,424,160 | 803,316 | |||
Sino Land Company, Ltd. | 523,297 | 527,560 | |||
SITC International Holdings Company, Ltd. | 177,947 | 567,828 | |||
Sun Hung Kai Properties, Ltd. | 194,863 | 2,093,154 | |||
Swire Pacific, Ltd., Class A | 52,625 | 448,283 | |||
Techtronic Industries Company, Ltd. | 184,613 | 2,056,279 | |||
The Wharf Holdings, Ltd. | 138,000 | 366,415 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Hong Kong (continued) | |||||
Want Want China Holdings, Ltd. | 632,564 | $ | 405,918 | ||
WH Group, Ltd. (C) | 1,106,866 | 1,018,048 | |||
Wharf Real Estate Investment Company, Ltd. | 221,027 | 551,145 | |||
63,308,152 | |||||
Hungary - 0.1% | |||||
MOL Hungarian Oil & Gas PLC | 50,353 | 435,408 | |||
OTP Bank NYRT | 28,496 | 2,161,601 | |||
Richter Gedeon NYRT | 17,889 | 520,519 | |||
3,117,528 | |||||
India - 4.5% | |||||
ABB India, Ltd. | 6,339 | 441,929 | |||
Adani Enterprises, Ltd. | 18,861 | 555,673 | |||
Adani Ports & Special Economic Zone, Ltd. | 64,375 | 1,079,388 | |||
Adani Power, Ltd. (A) | 68,373 | 434,777 | |||
Alkem Laboratories, Ltd. | 4,989 | 297,623 | |||
Ambuja Cements, Ltd. | 72,582 | 468,270 | |||
APL Apollo Tubes, Ltd. | 21,192 | 445,973 | |||
Apollo Hospitals Enterprise, Ltd. | 11,951 | 963,220 | |||
Ashok Leyland, Ltd. | 175,015 | 483,306 | |||
Asian Paints, Ltd. | 44,968 | 1,189,069 | |||
Astral, Ltd. | 15,387 | 269,930 | |||
AU Small Finance Bank, Ltd. (C) | 43,437 | 352,770 | |||
Aurobindo Pharma, Ltd. (A) | 31,814 | 428,029 | |||
Avenue Supermarts, Ltd. (A)(C) | 19,298 | 904,454 | |||
Axis Bank, Ltd. | 273,879 | 3,820,612 | |||
Bajaj Auto, Ltd. | 8,102 | 814,687 | |||
Bajaj Finance, Ltd. | 33,252 | 3,557,517 | |||
Bajaj Finserv, Ltd. | 45,900 | 1,080,100 | |||
Bajaj Holdings & Investment, Ltd. | 3,212 | 507,395 | |||
Balkrishna Industries, Ltd. | 9,101 | 263,205 | |||
Bank of Baroda | 121,836 | 357,234 | |||
Bharat Electronics, Ltd. | 438,852 | 1,979,682 | |||
Bharat Forge, Ltd. | 31,944 | 463,499 | |||
Bharat Heavy Electricals, Ltd. | 125,781 | 383,123 | |||
Bharat Petroleum Corp., Ltd. | 179,120 | 665,764 | |||
Bharti Airtel, Ltd. | 306,124 | 6,662,915 | |||
Bosch, Ltd. | 865 | 317,754 | |||
Britannia Industries, Ltd. | 12,853 | 825,718 | |||
BSE, Ltd. | 24,051 | 752,021 | |||
Canara Bank | 215,934 | 289,687 | |||
CG Power & Industrial Solutions, Ltd. | 72,788 | 581,918 | |||
Cholamandalam Investment and Finance Company, Ltd. | 50,182 | 938,834 | |||
Cipla, Ltd. | 62,869 | 1,077,017 | |||
Coal India, Ltd. | 219,126 | 1,019,022 | |||
Colgate-Palmolive India, Ltd. | 16,035 | 460,557 | |||
Container Corp. of India, Ltd. | 29,562 | 269,188 | |||
Cummins India, Ltd. | 16,696 | 638,726 | |||
Dabur India, Ltd. | 64,739 | 366,044 | |||
Divi's Laboratories, Ltd. | 14,331 | 1,108,596 | |||
Dixon Technologies India, Ltd. | 4,321 | 742,617 | |||
DLF, Ltd. | 90,619 | 845,111 | |||
Dr. Reddy's Laboratories, Ltd. | 70,074 | 1,026,182 | |||
Eicher Motors, Ltd. | 16,237 | 1,017,278 | |||
Eternal, Ltd. (A) | 863,078 | 2,418,441 | |||
GAIL India, Ltd. | 278,680 | 619,352 | |||
GMR Airports, Ltd. (A) | 305,122 | 300,118 | |||
Godrej Consumer Products, Ltd. | 49,094 | 707,100 | |||
Godrej Properties, Ltd. (A) | 17,972 | 470,335 | |||
Grasim Industries, Ltd. | 32,000 | 949,426 | |||
Havells India, Ltd. | 29,566 | 527,384 |
32 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
India (continued) | |||||
HCL Technologies, Ltd. | 113,834 | $ | 2,172,150 | ||
HDFC Asset Management Company, Ltd. (C) | 11,936 | 667,789 | |||
HDFC Bank, Ltd. | 675,610 | 15,390,499 | |||
HDFC Life Insurance Company, Ltd. (C) | 118,032 | 1,071,691 | |||
Hero MotoCorp, Ltd. | 14,372 | 724,315 | |||
Hindalco Industries, Ltd. | 161,290 | 1,197,037 | |||
Hindustan Aeronautics, Ltd. | 24,077 | 1,398,815 | |||
Hindustan Petroleum Corp., Ltd. | 112,713 | 540,670 | |||
Hindustan Unilever, Ltd. | 98,189 | 2,694,819 | |||
Hyundai Motor India, Ltd. (A) | 19,502 | 421,026 | |||
ICICI Bank, Ltd. | 629,526 | 10,679,933 | |||
ICICI Lombard General Insurance Company, Ltd. (C) | 30,240 | 662,306 | |||
ICICI Prudential Life Insurance Company, Ltd. (C) | 44,934 | 347,121 | |||
IDFC First Bank, Ltd. (A) | 409,093 | 326,001 | |||
Indian Oil Corp., Ltd. | 333,457 | 554,029 | |||
Indian Railway Catering & Tourism Corp., Ltd. | 26,463 | 234,545 | |||
Indus Towers, Ltd. (A) | 141,087 | 630,881 | |||
IndusInd Bank, Ltd. | 68,635 | 657,317 | |||
Info Edge India, Ltd. | 42,519 | 705,415 | |||
Infosys, Ltd. | 397,376 | 7,258,234 | |||
InterGlobe Aviation, Ltd. (A)(C) | 22,566 | 1,407,101 | |||
ITC, Ltd. | 358,809 | 1,758,436 | |||
Jindal Stainless, Ltd. | 38,899 | 292,392 | |||
Jindal Steel & Power, Ltd. | 49,077 | 544,711 | |||
Jio Financial Services, Ltd. (A) | 339,955 | 1,139,711 | |||
JSW Energy, Ltd. | 51,806 | 296,242 | |||
JSW Steel, Ltd. | 72,938 | 850,026 | |||
Jubilant Foodworks, Ltd. | 42,712 | 327,586 | |||
Kalyan Jewellers India, Ltd. | 49,336 | 323,347 | |||
Kotak Mahindra Bank, Ltd. | 131,227 | 3,189,613 | |||
Larsen & Toubro, Ltd. | 80,927 | 3,475,861 | |||
LTIMindtree, Ltd. (C) | 8,762 | 518,133 | |||
Lupin, Ltd. | 27,195 | 622,743 | |||
Macrotech Developers, Ltd. (C) | 35,789 | 596,169 | |||
Mahindra & Mahindra, Ltd. | 111,574 | 3,878,419 | |||
Mankind Pharma, Ltd. (A) | 14,556 | 420,077 | |||
Marico, Ltd. | 61,263 | 514,393 | |||
Maruti Suzuki India, Ltd. | 15,013 | 2,166,231 | |||
Max Healthcare Institute, Ltd. | 92,785 | 1,220,438 | |||
Mphasis, Ltd. | 12,622 | 376,333 | |||
MRF, Ltd. | 274 | 444,475 | |||
Muthoot Finance, Ltd. | 14,234 | 367,415 | |||
Nestle India, Ltd. | 39,732 | 1,112,332 | |||
NHPC, Ltd. | 363,003 | 370,437 | |||
NMDC, Ltd. | 369,978 | 308,293 | |||
NTPC, Ltd. | 522,756 | 2,047,396 | |||
Oberoi Realty, Ltd. | 15,161 | 308,477 | |||
Oil & Natural Gas Corp., Ltd. | 377,941 | 1,057,867 | |||
Oil India, Ltd. | 58,523 | 292,416 | |||
Oracle Financial Services Software, Ltd. | 2,607 | 258,011 | |||
Page Industries, Ltd. | 708 | 382,234 | |||
PB Fintech, Ltd. (A) | 41,173 | 844,148 | |||
Persistent Systems, Ltd. | 13,017 | 855,564 | |||
Petronet LNG, Ltd. | 85,521 | 307,656 | |||
PI Industries, Ltd. | 8,876 | 397,473 | |||
Pidilite Industries, Ltd. | 17,768 | 649,350 | |||
Polycab India, Ltd. | 6,239 | 436,740 | |||
Power Finance Corp., Ltd. | 178,842 | 851,805 | |||
Power Grid Corp. of India, Ltd. | 557,179 | 1,889,106 | |||
Prestige Estates Projects, Ltd. | 20,866 | 362,527 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
India (continued) | |||||
Punjab National Bank | 270,472 | $ | 335,174 | ||
Rail Vikas Nigam, Ltd. | 62,501 | 296,297 | |||
REC, Ltd. | 158,700 | 748,557 | |||
Reliance Industries, Ltd. | 728,059 | 12,083,603 | |||
Samvardhana Motherson International, Ltd. | 378,882 | 676,735 | |||
SBI Cards & Payment Services, Ltd. | 33,208 | 357,405 | |||
SBI Life Insurance Company, Ltd. (C) | 54,859 | 1,161,154 | |||
Shree Cement, Ltd. | 1,047 | 363,616 | |||
Shriram Finance, Ltd. | 167,888 | 1,256,343 | |||
Siemens Energy India, Ltd. (A)(D) | 11,350 | 328,682 | |||
Siemens, Ltd. | 10,462 | 399,975 | |||
Solar Industries India, Ltd. | 3,224 | 605,011 | |||
Sona BLW Precision Forgings, Ltd. (C) | 52,297 | 330,740 | |||
SRF, Ltd. | 15,852 | 530,613 | |||
State Bank of India | 215,333 | 2,051,545 | |||
Sun Pharmaceutical Industries, Ltd. | 114,963 | 2,253,306 | |||
Sundaram Finance, Ltd. | 7,838 | 470,743 | |||
Supreme Industries, Ltd. | 7,560 | 366,585 | |||
Suzlon Energy, Ltd. (A) | 1,134,213 | 948,332 | |||
Tata Communications, Ltd. | 13,336 | 262,385 | |||
Tata Consultancy Services, Ltd. | 108,052 | 4,370,694 | |||
Tata Consumer Products, Ltd. | 70,937 | 920,131 | |||
Tata Elxsi, Ltd. | 3,974 | 298,730 | |||
Tata Motors, Ltd. | 243,093 | 2,044,246 | |||
Tata Steel, Ltd. | 896,807 | 1,692,473 | |||
Tech Mahindra, Ltd. | 64,578 | 1,187,880 | |||
The Indian Hotels Company, Ltd. | 101,371 | 912,039 | |||
The Phoenix Mills, Ltd. | 23,403 | 420,341 | |||
The Tata Power Company, Ltd. | 191,313 | 879,776 | |||
Thermax, Ltd. | 4,923 | 196,175 | |||
Titan Company, Ltd. | 42,165 | 1,750,796 | |||
Torrent Pharmaceuticals, Ltd. | 13,929 | 514,874 | |||
Torrent Power, Ltd. | 20,831 | 335,209 | |||
Trent, Ltd. | 21,579 | 1,420,510 | |||
Tube Investments of India, Ltd. | 12,531 | 446,056 | |||
TVS Motor Company, Ltd. | 28,131 | 921,337 | |||
UltraTech Cement, Ltd. | 13,780 | 1,802,336 | |||
Union Bank of India, Ltd. | 181,280 | 311,838 | |||
United Spirits, Ltd. | 34,567 | 618,656 | |||
UPL, Ltd. | 53,015 | 388,244 | |||
Varun Beverages, Ltd. | 160,639 | 895,193 | |||
Vedanta, Ltd. | 162,648 | 831,450 | |||
Vodafone Idea, Ltd. (A) | 2,909,607 | 235,480 | |||
Voltas, Ltd. | 27,323 | 401,396 | |||
Wipro, Ltd. | 316,488 | 924,414 | |||
Yes Bank, Ltd. (A) | 1,642,052 | 412,566 | |||
Zydus Lifesciences, Ltd. | 30,570 | 331,500 | |||
184,225,988 | |||||
Indonesia - 0.4% | |||||
Alamtri Resources Indonesia Tbk PT | 1,839,100 | 248,385 | |||
Amman Mineral Internasional PT (A) | 866,100 | 368,134 | |||
Astra International Tbk PT | 2,778,200 | 826,116 | |||
Bank Central Asia Tbk PT | 7,531,000 | 4,344,576 | |||
Bank Mandiri Persero Tbk PT | 5,093,000 | 1,654,718 | |||
Bank Negara Indonesia Persero Tbk PT | 2,015,400 | 555,853 | |||
Bank Rakyat Indonesia Persero Tbk PT | 9,288,100 | 2,527,134 | |||
Barito Pacific Tbk PT | 3,145,700 | 242,788 | |||
Chandra Asri Pacific Tbk PT (A) | 1,056,800 | 605,827 | |||
Charoen Pokphand Indonesia Tbk PT | 1,010,400 | 300,259 | |||
GoTo Gojek Tokopedia Tbk PT (A) | 121,737,500 | 478,598 | |||
Indofood CBP Sukses Makmur Tbk PT | 323,600 | 216,248 | |||
Indofood Sukses Makmur Tbk PT | 601,400 | 290,303 | |||
Kalbe Farma Tbk PT | 2,890,700 | 268,531 |
33 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Indonesia (continued) | |||||
Sumber Alfaria Trijaya Tbk PT | 2,531,900 | $ | 377,764 | ||
Telkom Indonesia Persero Tbk PT (A) | 6,808,800 | 1,177,049 | |||
United Tractors Tbk PT | 194,300 | 267,511 | |||
14,749,794 | |||||
Ireland - 0.7% | |||||
AerCap Holdings NV | 27,378 | 3,168,456 | |||
AIB Group PLC | 250,667 | 1,977,690 | |||
Bank of Ireland Group PLC | 120,795 | 1,658,370 | |||
DCC PLC | 12,677 | 792,513 | |||
Experian PLC | 119,904 | 5,971,836 | |||
James Hardie Industries PLC, CHESS Depositary Interest (A) | 57,673 | 1,326,880 | |||
Kerry Group PLC, Class A | 18,016 | 1,969,406 | |||
Kingspan Group PLC | 18,724 | 1,608,194 | |||
PDD Holdings, Inc., ADR (A) | 95,532 | 9,219,793 | |||
Smurfit WestRock PLC | 547 | 23,702 | |||
27,716,840 | |||||
Israel - 0.5% | |||||
Azrieli Group, Ltd. | 5,040 | 385,365 | |||
Bank Hapoalim BM | 147,983 | 2,482,617 | |||
Bank Leumi Le-Israel BM | 177,256 | 2,860,610 | |||
Check Point Software Technologies, Ltd. (A) | 10,388 | 2,377,605 | |||
CyberArk Software, Ltd. (A) | 5,565 | 2,130,171 | |||
Elbit Systems, Ltd. | 3,167 | 1,272,590 | |||
Global-e Online, Ltd. (A) | 12,097 | 385,531 | |||
ICL Group, Ltd. | 90,273 | 595,876 | |||
Israel Discount Bank, Ltd., Class A | 145,033 | 1,235,156 | |||
Mizrahi Tefahot Bank, Ltd. | 18,097 | 1,037,193 | |||
Monday.com, Ltd. (A) | 4,464 | 1,327,995 | |||
Nice, Ltd. (A) | 7,458 | 1,263,143 | |||
Nova, Ltd. (A) | 3,489 | 733,895 | |||
Teva Pharmaceutical Industries, Ltd., ADR (A) | 133,092 | 2,233,284 | |||
Wix.com, Ltd. (A) | 6,261 | 932,576 | |||
21,253,607 | |||||
Italy - 2.5% | |||||
Amplifon SpA | 22,565 | 518,695 | |||
Banco BPM SpA | 230,938 | 2,654,579 | |||
BPER Banca SpA | 178,755 | 1,587,818 | |||
Davide Campari-Milano NV | 110,702 | 722,886 | |||
DiaSorin SpA | 3,959 | 410,887 | |||
Enel SpA | 1,470,539 | 13,517,167 | |||
Eni SpA (B) | 383,428 | 5,654,416 | |||
Ferrari NV | 22,793 | 10,909,517 | |||
FinecoBank SpA | 109,937 | 2,377,487 | |||
Generali (B) | 172,543 | 6,280,598 | |||
Infrastrutture Wireless Italiane SpA (C) | 57,490 | 674,931 | |||
Intesa Sanpaolo SpA | 2,739,030 | 15,291,219 | |||
Leonardo SpA | 73,383 | 4,539,443 | |||
Mediobanca Banca di Credito Finanziario SpA (B) | 90,646 | 2,156,341 | |||
Moncler SpA | 42,238 | 2,644,139 | |||
Nexi SpA (C) | 89,021 | 535,641 | |||
Poste Italiane SpA (C) | 83,734 | 1,818,040 | |||
Prysmian SpA | 51,024 | 3,281,450 | |||
Recordati Industria Chimica e Farmaceutica SpA | 20,642 | 1,238,743 | |||
Snam SpA | 359,060 | 2,148,249 | |||
Telecom Italia SpA (A) | 1,798,413 | 769,349 | |||
Terna - Rete Elettrica Nazionale | 252,261 | 2,572,316 | |||
UniCredit SpA | 252,470 | 16,235,418 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Italy (continued) | |||||
Unipol Assicurazioni SpA | 68,886 | $ | 1,348,215 | ||
99,887,544 | |||||
Japan - 12.7% | |||||
Advantest Corp. | 98,584 | 4,986,003 | |||
Aeon Company, Ltd. | 83,485 | 2,566,591 | |||
AGC, Inc. | 24,942 | 739,841 | |||
Aisin Corp. | 67,667 | 861,016 | |||
Ajinomoto Company, Inc. | 117,724 | 2,943,085 | |||
ANA Holdings, Inc. | 19,423 | 384,596 | |||
Asahi Group Holdings, Ltd. | 185,720 | 2,447,793 | |||
Asahi Kasei Corp. | 160,990 | 1,131,264 | |||
Asics Corp. | 82,900 | 1,997,981 | |||
Astellas Pharma, Inc. | 231,312 | 2,284,813 | |||
Bandai Namco Holdings, Inc. | 76,176 | 2,420,226 | |||
Bridgestone Corp. | 73,334 | 3,148,599 | |||
Canon, Inc. | 120,193 | 3,671,776 | |||
Capcom Company, Ltd. | 44,088 | 1,307,936 | |||
Central Japan Railway Company (B) | 98,110 | 2,143,282 | |||
Chubu Electric Power Company, Inc. | 81,929 | 1,003,560 | |||
Chugai Pharmaceutical Company, Ltd. | 86,290 | 4,511,372 | |||
Concordia Financial Group, Ltd. | 137,717 | 882,852 | |||
Dai Nippon Printing Company, Ltd. | 49,986 | 737,131 | |||
Daifuku Company, Ltd. | 41,348 | 1,094,306 | |||
Dai-ichi Life Holdings, Inc. | 470,992 | 3,676,324 | |||
Daiichi Sankyo Company, Ltd. | 225,288 | 5,995,790 | |||
Daikin Industries, Ltd. | 33,934 | 3,861,032 | |||
Daito Trust Construction Company, Ltd. | 7,406 | 834,240 | |||
Daiwa House Industry Company, Ltd. | 71,555 | 2,412,544 | |||
Daiwa Securities Group, Inc. | 176,164 | 1,191,638 | |||
Denso Corp. | 243,148 | 3,282,702 | |||
Dentsu Group, Inc. (B) | 25,367 | 547,911 | |||
Disco Corp. | 11,924 | 2,671,107 | |||
East Japan Railway Company | 115,290 | 2,416,225 | |||
Eisai Company, Ltd. | 33,725 | 965,610 | |||
ENEOS Holdings, Inc. | 348,148 | 1,649,559 | |||
FANUC Corp. | 122,202 | 3,261,479 | |||
Fast Retailing Company, Ltd. | 24,591 | 8,190,999 | |||
Fuji Electric Company, Ltd. | 17,464 | 771,417 | |||
FUJIFILM Holdings Corp. | 143,965 | 3,249,679 | |||
Fujikura, Ltd. | 32,600 | 1,513,207 | |||
Fujitsu, Ltd. | 226,120 | 5,178,685 | |||
Hankyu Hanshin Holdings, Inc. | 28,100 | 755,881 | |||
Hikari Tsushin, Inc. | 2,191 | 596,418 | |||
Hitachi, Ltd. | 596,190 | 16,610,036 | |||
Honda Motor Company, Ltd. | 576,724 | 5,858,589 | |||
Hoshizaki Corp. | 13,716 | 510,886 | |||
Hoya Corp. | 44,833 | 5,293,342 | |||
Hulic Company, Ltd. | 57,418 | 581,366 | |||
Idemitsu Kosan Company, Ltd. | 114,060 | 694,745 | |||
Inpex Corp. | 111,035 | 1,484,734 | |||
Isuzu Motors, Ltd. | 71,867 | 971,416 | |||
ITOCHU Corp. | 152,883 | 8,114,447 | |||
Japan Airlines Company, Ltd. | 18,053 | 365,245 | |||
Japan Exchange Group, Inc. | 129,306 | 1,416,343 | |||
Japan Post Bank Company, Ltd. | 232,197 | 2,504,153 | |||
Japan Post Holdings Company, Ltd. | 253,565 | 2,484,547 | |||
Japan Post Insurance Company, Ltd. | 26,745 | 588,289 | |||
Japan Tobacco, Inc. | 154,326 | 4,733,896 | |||
JFE Holdings, Inc. | 74,225 | 880,131 | |||
Kajima Corp. | 51,027 | 1,257,048 | |||
Kao Corp. | 59,804 | 2,730,136 | |||
Kawasaki Kisen Kaisha, Ltd. | 47,959 | 721,233 | |||
KDDI Corp. | 394,280 | 6,825,188 |
34 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Japan (continued) | |||||
Keyence Corp. | 25,004 | $ | 10,465,927 | ||
Kikkoman Corp. | 86,185 | 786,286 | |||
Kirin Holdings Company, Ltd. | 99,003 | 1,420,324 | |||
Kobe Bussan Company, Ltd. | 19,087 | 603,135 | |||
Komatsu, Ltd. | 116,484 | 3,540,088 | |||
Konami Group Corp. | 12,879 | 1,748,226 | |||
Kubota Corp. (B) | 126,109 | 1,446,695 | |||
Kyocera Corp. | 165,568 | 2,013,076 | |||
Kyowa Kirin Company, Ltd. | 29,893 | 488,548 | |||
Lasertec Corp. | 10,336 | 1,030,795 | |||
LY Corp. | 363,054 | 1,309,130 | |||
M3, Inc. | 56,719 | 796,253 | |||
Makita Corp. | 30,760 | 942,403 | |||
Marubeni Corp. | 181,713 | 3,683,192 | |||
MatsukiyoCocokara & Company | 41,913 | 845,294 | |||
MEIJI Holdings Company, Ltd. | 30,343 | 678,463 | |||
MINEBEA MITSUMI, Inc. | 46,668 | 652,123 | |||
Mitsubishi Chemical Group Corp. | 174,610 | 929,454 | |||
Mitsubishi Corp. | 439,506 | 8,890,521 | |||
Mitsubishi Electric Corp. | 244,566 | 4,880,800 | |||
Mitsubishi Estate Company, Ltd. | 136,777 | 2,485,782 | |||
Mitsubishi HC Capital, Inc. | 110,240 | 809,481 | |||
Mitsubishi Heavy Industries, Ltd. | 412,100 | 9,489,173 | |||
Mitsubishi UFJ Financial Group, Inc. | 1,473,354 | 20,609,721 | |||
Mitsui & Company, Ltd. | 324,290 | 6,771,546 | |||
Mitsui Fudosan Company, Ltd. | 339,632 | 3,252,819 | |||
Mitsui OSK Lines, Ltd. | 44,421 | 1,574,810 | |||
Mizuho Financial Group, Inc. | 310,213 | 8,626,480 | |||
MonotaRO Company, Ltd. | 31,904 | 658,137 | |||
MS&AD Insurance Group Holdings, Inc. | 167,294 | 3,984,685 | |||
Murata Manufacturing Company, Ltd. | 214,556 | 3,112,957 | |||
NEC Corp. | 157,830 | 4,119,889 | |||
Nexon Company, Ltd. | 43,171 | 777,129 | |||
Nidec Corp. | 107,648 | 2,089,978 | |||
Nintendo Company, Ltd. | 141,863 | 11,574,098 | |||
Nippon Building Fund, Inc. | 960 | 877,338 | |||
Nippon Paint Holdings Company, Ltd. | 121,814 | 917,658 | |||
Nippon Sanso Holdings Corp. | 22,133 | 790,993 | |||
Nippon Steel Corp. | 123,742 | 2,489,099 | |||
Nippon Telegraph & Telephone Corp. (B) | 3,831,690 | 4,266,177 | |||
Nippon Yusen KK (B) | 56,392 | 2,056,207 | |||
Nissan Motor Company, Ltd. (A) | 284,991 | 722,963 | |||
Nissin Foods Holdings Company, Ltd. | 25,217 | 534,665 | |||
Nitori Holdings Company, Ltd. | 10,253 | 1,021,793 | |||
Nitto Denko Corp. | 91,115 | 1,657,407 | |||
Nomura Holdings, Inc. | 394,088 | 2,408,221 | |||
Nomura Research Institute, Ltd. | 48,335 | 1,863,215 | |||
NTT Data Group Corp. | 80,997 | 2,231,320 | |||
Obayashi Corp. | 83,264 | 1,256,321 | |||
Obic Company, Ltd. | 41,100 | 1,499,967 | |||
Olympus Corp. | 143,367 | 1,836,960 | |||
Omron Corp. | 22,325 | 577,163 | |||
Ono Pharmaceutical Company, Ltd. | 46,436 | 505,608 | |||
Oracle Corp. Japan (B) | 4,860 | 569,334 | |||
Oriental Land Company, Ltd. | 138,558 | 3,078,870 | |||
ORIX Corp. | 149,639 | 3,171,127 | |||
Osaka Gas Company, Ltd. | 46,603 | 1,186,531 | |||
Otsuka Corp. | 28,324 | 582,202 | |||
Otsuka Holdings Company, Ltd. | 56,732 | 2,884,253 | |||
Pan Pacific International Holdings Corp. | 48,560 | 1,590,222 | |||
Panasonic Holdings Corp. | 300,030 | 3,438,782 | |||
Rakuten Group, Inc. (A) | 192,906 | 1,061,734 | |||
Recruit Holdings Company, Ltd. | 180,212 | 10,733,460 | |||
Renesas Electronics Corp. | 216,981 | 2,635,324 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Japan (continued) | |||||
Resona Holdings, Inc. | 270,535 | $ | 2,397,776 | ||
Ricoh Company, Ltd. | 67,332 | 627,816 | |||
SBI Holdings, Inc. | 35,835 | 1,085,284 | |||
SCREEN Holdings Company, Ltd. | 10,500 | 747,043 | |||
SCSK Corp. | 19,687 | 597,546 | |||
Secom Company, Ltd. | 53,428 | 1,945,534 | |||
Seiko Epson Corp. | 36,731 | 475,245 | |||
Sekisui Chemical Company, Ltd. | 47,850 | 831,243 | |||
Sekisui House, Ltd. | 76,603 | 1,737,136 | |||
Seven & i Holdings Company, Ltd. | 284,639 | 4,281,145 | |||
SG Holdings Company, Ltd. | 38,857 | 378,194 | |||
Shimadzu Corp. | 29,610 | 714,939 | |||
Shimano, Inc. | 9,656 | 1,368,010 | |||
Shin-Etsu Chemical Company, Ltd. | 230,091 | 7,346,842 | |||
Shionogi & Company, Ltd. | 96,158 | 1,605,601 | |||
Shiseido Company, Ltd. | 51,806 | 833,806 | |||
SMC Corp. | 7,365 | 2,761,593 | |||
SoftBank Corp. | 3,670,060 | 5,639,257 | |||
SoftBank Group Corp. | 123,118 | 6,431,481 | |||
Sompo Holdings, Inc. | 115,584 | 3,497,728 | |||
Sony Group Corp. | 790,535 | 21,159,403 | |||
Subaru Corp. | 75,004 | 1,376,853 | |||
Sumitomo Corp. | 140,217 | 3,570,844 | |||
Sumitomo Electric Industries, Ltd. | 92,800 | 1,946,548 | |||
Sumitomo Metal Mining Company, Ltd. | 31,665 | 721,093 | |||
Sumitomo Mitsui Financial Group, Inc. | 479,346 | 12,314,843 | |||
Sumitomo Mitsui Trust Group, Inc. | 84,620 | 2,289,791 | |||
Sumitomo Realty & Development Company, Ltd. | 39,885 | 1,527,869 | |||
Suntory Beverage & Food, Ltd. (B) | 17,736 | 575,906 | |||
Suzuki Motor Corp. | 202,088 | 2,564,710 | |||
Sysmex Corp. | 63,968 | 1,073,396 | |||
T&D Holdings, Inc. | 64,616 | 1,478,260 | |||
Taisei Corp. | 21,195 | 1,181,383 | |||
Takeda Pharmaceutical Company, Ltd. | 204,218 | 6,131,661 | |||
TDK Corp. | 250,355 | 2,741,442 | |||
Terumo Corp. | 170,894 | 3,137,068 | |||
The Chiba Bank, Ltd. | 75,339 | 684,694 | |||
The Kansai Electric Power Company, Inc. | 121,871 | 1,382,765 | |||
TIS, Inc. | 26,685 | 875,185 | |||
Toho Company, Ltd. (B) | 14,214 | 749,333 | |||
Tokio Marine Holdings, Inc. | 230,665 | 9,755,354 | |||
Tokyo Electron, Ltd. | 57,651 | 9,072,247 | |||
Tokyo Gas Company, Ltd. | 44,910 | 1,505,949 | |||
Tokyo Metro Company, Ltd. | 37,300 | 471,155 | |||
Tokyu Corp. | 66,539 | 807,893 | |||
TOPPAN Holdings, Inc. | 30,788 | 817,538 | |||
Toray Industries, Inc. | 178,682 | 1,232,689 | |||
Toyota Industries Corp. | 20,994 | 2,624,807 | |||
Toyota Motor Corp. | 1,217,797 | 23,184,663 | |||
Toyota Tsusho Corp. | 81,763 | 1,727,927 | |||
Trend Micro, Inc. | 16,320 | 1,222,242 | |||
Unicharm Corp. | 142,259 | 1,131,602 | |||
West Japan Railway Company | 56,170 | 1,210,477 | |||
Yakult Honsha Company, Ltd. | 32,666 | 661,501 | |||
Yamaha Motor Company, Ltd. | 117,813 | 904,030 | |||
Yaskawa Electric Corp. | 29,629 | 697,123 | |||
Yokogawa Electric Corp. | 29,000 | 710,963 | |||
Zensho Holdings Company, Ltd. | 12,300 | 671,969 | |||
ZOZO, Inc. | 50,772 | 550,126 | |||
516,191,093 | |||||
Kuwait - 0.2% | |||||
Boubyan Bank KSCP | 203,644 | 445,949 |
35 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Kuwait (continued) | |||||
Gulf Bank KSCP | 262,188 | $ | 285,631 | ||
Kuwait Finance House KSCP | 1,475,077 | 3,602,806 | |||
Mabanee Company KPSC | 98,183 | 268,789 | |||
Mobile Telecommunications Company KSCP | 275,561 | 428,433 | |||
National Bank of Kuwait SAKP | 1,109,723 | 3,455,811 | |||
8,487,419 | |||||
Luxembourg - 0.1% | |||||
ArcelorMittal SA | 59,985 | 1,818,608 | |||
CVC Capital Partners PLC (C) | 30,864 | 574,334 | |||
Eurofins Scientific SE | 17,107 | 1,141,015 | |||
Reinet Investments SCA | 18,357 | 497,460 | |||
Tenaris SA | 74,311 | 1,244,520 | |||
Zabka Group SA (A) | 40,494 | 244,777 | |||
5,520,714 | |||||
Macau - 0.0% | |||||
Sands China, Ltd. (A) | 317,278 | 619,295 | |||
Malaysia - 0.4% | |||||
AMMB Holdings BHD | 332,000 | 408,601 | |||
Axiata Group BHD | 363,400 | 174,961 | |||
CELCOMDIGI BHD | 443,500 | 387,703 | |||
CIMB Group Holdings BHD | 1,065,200 | 1,735,147 | |||
Gamuda BHD | 606,000 | 650,657 | |||
Genting BHD | 286,000 | 201,644 | |||
Hong Leong Bank BHD | 88,900 | 409,064 | |||
IHH Healthcare BHD | 288,400 | 467,219 | |||
IOI Corp. BHD | 324,500 | 274,143 | |||
Kuala Lumpur Kepong BHD | 63,400 | 289,982 | |||
Malayan Banking BHD | 718,700 | 1,651,675 | |||
Maxis BHD | 300,400 | 249,151 | |||
MISC BHD | 181,200 | 320,050 | |||
Mr. D.I.Y Group M BHD (C) | 406,400 | 150,832 | |||
Nestle Malaysia BHD | 8,800 | 162,415 | |||
Petronas Chemicals Group BHD | 382,500 | 307,737 | |||
Petronas Dagangan BHD | 36,600 | 169,225 | |||
Petronas Gas BHD | 101,300 | 427,157 | |||
PPB Group BHD | 86,500 | 228,888 | |||
Press Metal Aluminium Holdings BHD | 482,200 | 570,902 | |||
Public Bank BHD | 1,942,600 | 1,967,731 | |||
QL Resources BHD | 209,025 | 220,841 | |||
RHB Bank BHD | 203,800 | 308,016 | |||
SD Guthrie BHD | 280,400 | 294,604 | |||
Sime Darby BHD | 371,200 | 148,139 | |||
Sunway BHD | 339,000 | 377,857 | |||
Telekom Malaysia BHD | 157,000 | 240,578 | |||
Tenaga Nasional BHD | 386,200 | 1,270,530 | |||
YTL Corp. BHD | 443,400 | 189,278 | |||
YTL Power International BHD | 329,600 | 247,428 | |||
14,502,155 | |||||
Mexico - 0.6% | |||||
Alfa SAB de CV, Class A | 558,144 | 435,097 | |||
America Movil SAB de CV, Series B | 2,855,736 | 2,407,264 | |||
Arca Continental SAB de CV | 80,217 | 882,983 | |||
Cemex SAB de CV, Series CPO | 2,366,784 | 1,622,924 | |||
Coca-Cola Femsa SAB de CV | 81,995 | 775,224 | |||
Controladora Alpek SAB de CV (A) | 8,244 | 1,335 | |||
Fibra Uno Administracion SA de CV | 449,343 | 628,283 | |||
Fomento Economico Mexicano SAB de CV | 271,366 | 2,882,809 | |||
Gruma SAB de CV, Class B | 27,950 | 525,900 | |||
Grupo Aeroportuario del Centro Norte SAB de CV | 44,300 | 547,401 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Mexico (continued) | |||||
Grupo Aeroportuario del Pacifico SAB de CV, B Shares | 59,875 | $ | 1,375,773 | ||
Grupo Aeroportuario del Sureste SAB de CV, B Shares | 28,138 | 903,024 | |||
Grupo Bimbo SAB de CV, Series A (B) | 200,957 | 562,070 | |||
Grupo Carso SAB de CV, Series A1 | 86,456 | 549,733 | |||
Grupo Comercial Chedraui SA de CV (B) | 43,900 | 321,396 | |||
Grupo Financiero Banorte SAB de CV, Series O | 402,181 | 3,566,879 | |||
Grupo Financiero Inbursa SAB de CV, Series O | 281,413 | 709,481 | |||
Grupo Mexico SAB de CV, Series B | 481,589 | 2,661,204 | |||
Industrias Penoles SAB de CV (A) | 30,301 | 639,717 | |||
Kimberly-Clark de Mexico SAB de CV, Class A | 231,517 | 412,997 | |||
Prologis Property Mexico SA de CV | 159,352 | 607,963 | |||
Promotora y Operadora de Infraestructura SAB de CV | 29,167 | 328,572 | |||
Qualitas Controladora SAB de CV | 32,300 | 346,397 | |||
Wal-Mart de Mexico SAB de CV | 810,097 | 2,645,888 | |||
26,340,314 | |||||
Netherlands - 3.1% | |||||
ABN AMRO Bank NV (C) | 63,637 | 1,644,977 | |||
Adyen NV (A)(C) | 3,091 | 5,923,822 | |||
Aegon, Ltd. | 197,829 | 1,416,398 | |||
Akzo Nobel NV | 24,036 | 1,640,344 | |||
Argenx SE (A) | 8,723 | 5,005,005 | |||
ASM International NV | 6,563 | 3,571,879 | |||
ASML Holding NV | 55,218 | 40,681,200 | |||
ASR Nederland NV | 22,738 | 1,458,031 | |||
BE Semiconductor Industries NV | 11,334 | 1,369,656 | |||
Euronext NV (C) | 9,888 | 1,611,533 | |||
EXOR NV | 12,396 | 1,193,466 | |||
Ferrovial SE | 70,831 | 3,608,459 | |||
Heineken Holding NV | 17,702 | 1,379,748 | |||
Heineken NV | 40,187 | 3,585,175 | |||
IMCD NV | 8,216 | 1,116,710 | |||
ING Groep NV | 440,538 | 9,357,953 | |||
JDE Peet's NV | 23,606 | 649,619 | |||
Koninklijke Ahold Delhaize NV | 128,835 | 5,437,340 | |||
Koninklijke KPN NV | 541,596 | 2,546,290 | |||
Koninklijke Philips NV | 116,718 | 2,691,458 | |||
NEPI Rockcastle NV (A) | 79,885 | 614,103 | |||
NN Group NV | 38,869 | 2,445,695 | |||
Prosus NV (A) | 191,835 | 9,854,192 | |||
QIAGEN NV (A) | 31,511 | 1,422,375 | |||
Randstad NV (B) | 15,233 | 638,559 | |||
Stellantis NV | 367,953 | 3,750,709 | |||
Universal Music Group NV (B) | 114,833 | 3,674,356 | |||
Wolters Kluwer NV | 33,387 | 5,920,489 | |||
124,209,541 | |||||
New Zealand - 0.1% | |||||
Auckland International Airport, Ltd. | 134,132 | 605,137 | |||
Contact Energy, Ltd. | 62,109 | 340,188 | |||
Fisher & Paykel Healthcare Corp., Ltd. | 46,598 | 1,014,089 | |||
Infratil, Ltd. | 72,865 | 458,514 | |||
Meridian Energy, Ltd. | 102,755 | 336,430 | |||
Xero, Ltd. (A) | 19,424 | 2,307,347 | |||
5,061,705 | |||||
Norway - 0.4% | |||||
Aker BP ASA | 39,707 | 913,674 | |||
DNB Bank ASA | 119,904 | 3,206,929 | |||
Equinor ASA | 110,358 | 2,583,570 |
36 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Norway (continued) | |||||
Gjensidige Forsikring ASA | 28,417 | $ | 719,456 | ||
Kongsberg Gruppen ASA | 11,803 | 2,078,746 | |||
Mowi ASA | 62,989 | 1,176,165 | |||
Norsk Hydro ASA | 186,435 | 1,022,046 | |||
Orkla ASA | 94,689 | 1,073,678 | |||
Salmar ASA | 8,951 | 399,021 | |||
Telenor ASA | 82,829 | 1,271,760 | |||
Yara International ASA | 21,923 | 786,515 | |||
15,231,560 | |||||
Peru - 0.1% | |||||
Cia de Minas Buenaventura SAA, ADR | 24,926 | 373,391 | |||
Credicorp, Ltd. | 10,561 | 2,236,925 | |||
2,610,316 | |||||
Philippines - 0.1% | |||||
Ayala Corp. | 34,650 | 360,415 | |||
Ayala Land, Inc. | 919,680 | 378,679 | |||
Bank of the Philippine Islands | 290,827 | 725,873 | |||
BDO Unibank, Inc. | 325,507 | 939,911 | |||
International Container Terminal Services, Inc. | 139,020 | 1,020,451 | |||
Jollibee Foods Corp. | 61,420 | 245,534 | |||
Manila Electric Company | 37,930 | 373,709 | |||
Metropolitan Bank & Trust Company | 246,119 | 324,479 | |||
PLDT, Inc. | 10,505 | 229,226 | |||
SM Investments Corp. | 30,655 | 458,672 | |||
SM Prime Holdings, Inc. | 1,392,600 | 562,666 | |||
5,619,615 | |||||
Poland - 0.3% | |||||
Allegro.eu SA (A)(C) | 79,812 | 734,280 | |||
Bank Polska Kasa Opieki SA | 25,431 | 1,253,640 | |||
CD Projekt SA | 8,834 | 523,716 | |||
Dino Polska SA (A)(C) | 6,712 | 985,177 | |||
InPost SA (A) | 30,398 | 499,611 | |||
KGHM Polska Miedz SA | 18,953 | 621,073 | |||
LPP SA | 153 | 589,728 | |||
mBank SA (A) | 1,956 | 428,539 | |||
ORLEN SA | 78,416 | 1,540,844 | |||
PGE Polska Grupa Energetyczna SA (A) | 123,014 | 307,014 | |||
Powszechna Kasa Oszczednosci Bank Polski SA | 119,870 | 2,411,809 | |||
Powszechny Zaklad Ubezpieczen SA | 86,508 | 1,413,302 | |||
Santander Bank Polska SA | 5,681 | 760,217 | |||
12,068,950 | |||||
Portugal - 0.1% | |||||
EDP SA | 364,871 | 1,456,324 | |||
Galp Energia SGPS SA | 47,457 | 759,751 | |||
Jeronimo Martins SGPS SA | 32,297 | 814,083 | |||
3,030,158 | |||||
Qatar - 0.2% | |||||
Al Rayan Bank | 809,227 | 497,402 | |||
Barwa Real Estate Company | 300,219 | 237,403 | |||
Commercial Bank PSQC | 411,164 | 519,356 | |||
Dukhan Bank | 234,896 | 232,204 | |||
Industries Qatar QSC | 198,933 | 646,724 | |||
Mesaieed Petrochemical Holding Company | 770,464 | 282,034 | |||
Ooredoo QPSC | 109,828 | 373,155 | |||
Qatar Electricity & Water Company QSC | 59,459 | 258,583 | |||
Qatar Fuel QSC | 74,472 | 306,984 | |||
Qatar Gas Transport Company, Ltd. | 355,415 | 467,118 | |||
Qatar International Islamic Bank QSC | 124,570 | 359,394 | |||
Qatar Islamic Bank QPSC | 230,871 | 1,337,658 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Qatar (continued) | |||||
Qatar National Bank QPSC | 602,890 | $ | 2,803,982 | ||
8,321,997 | |||||
Saudi Arabia - 1.0% | |||||
ACWA Power Company (A) | 19,458 | 1,339,621 | |||
Ades Holding Company | 42,148 | 156,644 | |||
Al Rajhi Bank | 260,952 | 6,329,680 | |||
Al Rajhi Company for Co-operative Insurance (A) | 5,588 | 168,142 | |||
Alinma Bank | 161,284 | 1,111,033 | |||
Almarai Company JSC | 65,546 | 896,002 | |||
Arab National Bank | 118,040 | 680,910 | |||
Arabian Internet & Communications Services Company | 3,127 | 219,329 | |||
Bank AlBilad | 97,508 | 671,464 | |||
Bank Al-Jazira (A) | 83,544 | 284,261 | |||
Banque Saudi Fransi | 161,305 | 741,509 | |||
Bupa Arabia for Cooperative Insurance Company | 11,197 | 498,436 | |||
Dallah Healthcare Company | 4,225 | 133,423 | |||
Dar Al Arkan Real Estate Development Company (A) | 69,075 | 368,370 | |||
Dr Sulaiman Al Habib Medical Services Group Company | 11,516 | 802,635 | |||
Elm Company | 3,164 | 864,553 | |||
Etihad Etisalat Company | 50,769 | 806,343 | |||
Jarir Marketing Company | 74,004 | 253,595 | |||
Mouwasat Medical Services Company | 13,311 | 257,346 | |||
Nahdi Medical Company | 4,871 | 158,391 | |||
Riyad Bank | 197,133 | 1,525,119 | |||
SABIC Agri-Nutrients Company | 30,319 | 774,260 | |||
Sahara International Petrochemical Company | 48,481 | 244,034 | |||
SAL Saudi Logistics Services | 3,243 | 153,535 | |||
Saudi Arabian Mining Company (A) | 176,750 | 2,397,644 | |||
Saudi Arabian Oil Company (C) | 769,297 | 5,121,290 | |||
Saudi Aramco Base Oil Company | 6,448 | 171,039 | |||
Saudi Awwal Bank | 136,131 | 1,224,103 | |||
Saudi Basic Industries Corp. | 120,119 | 1,781,865 | |||
Saudi Electricity Company | 110,771 | 417,431 | |||
Saudi Industrial Investment Group | 42,669 | 187,995 | |||
Saudi Kayan Petrochemical Company (A) | 90,963 | 121,858 | |||
Saudi Research & Media Group (A) | 4,768 | 181,930 | |||
Saudi Tadawul Group Holding Company | 6,569 | 306,297 | |||
Saudi Telecom Company | 266,567 | 2,974,429 | |||
The Company for Cooperative Insurance | 9,860 | 364,642 | |||
The Saudi Investment Bank | 80,293 | 316,904 | |||
The Saudi National Bank | 390,972 | 3,613,043 | |||
Yanbu National Petrochemical Company | 37,019 | 293,931 | |||
38,913,036 | |||||
Singapore - 1.2% | |||||
BOC Aviation, Ltd. (C) | 28,421 | 229,517 | |||
CapitaLand Ascendas REIT | 494,184 | 1,014,173 | |||
CapitaLand Integrated Commercial Trust | 771,952 | 1,250,385 | |||
CapitaLand Investment, Ltd. | 320,130 | 624,259 | |||
DBS Group Holdings, Ltd. | 266,942 | 9,210,161 | |||
Genting Singapore, Ltd. | 818,381 | 436,562 | |||
Grab Holdings, Ltd., Class A (A) | 310,580 | 1,512,525 | |||
Keppel, Ltd. | 197,166 | 1,035,308 | |||
Oversea-Chinese Banking Corp., Ltd. | 458,261 | 5,755,822 | |||
Sea, Ltd., ADR (A) | 49,095 | 7,873,365 | |||
Sembcorp Industries, Ltd. | 118,800 | 608,350 | |||
Singapore Airlines, Ltd. (B) | 197,869 | 1,091,753 | |||
Singapore Exchange, Ltd. | 115,690 | 1,256,461 |
37 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Singapore (continued) | |||||
Singapore Technologies Engineering, Ltd. | 207,446 | $ | 1,254,165 | ||
Singapore Telecommunications, Ltd. | 998,246 | 2,947,169 | |||
Trip.com Group, Ltd. | 85,149 | 5,326,936 | |||
United Overseas Bank, Ltd. | 170,568 | 4,685,457 | |||
Wilmar International, Ltd. | 261,001 | 616,463 | |||
46,728,831 | |||||
South Africa - 0.8% | |||||
Absa Group, Ltd. | 112,743 | 1,087,349 | |||
Aspen Pharmacare Holdings, Ltd. | 52,186 | 352,006 | |||
Bid Corp., Ltd. | 44,405 | 1,177,081 | |||
Capitec Bank Holdings, Ltd. | 11,580 | 2,218,991 | |||
Clicks Group, Ltd. | 30,810 | 665,683 | |||
Discovery, Ltd. | 75,478 | 915,227 | |||
FirstRand, Ltd. | 677,372 | 2,809,808 | |||
Gold Fields, Ltd. | 118,463 | 2,707,288 | |||
Harmony Gold Mining Company, Ltd. | 74,883 | 1,081,463 | |||
Impala Platinum Holdings, Ltd. (A) | 118,643 | 852,902 | |||
Kumba Iron Ore, Ltd. | 8,015 | 131,157 | |||
MTN Group, Ltd. | 226,700 | 1,577,951 | |||
Naspers, Ltd., N Shares | 22,656 | 6,509,912 | |||
Nedbank Group, Ltd. | 61,969 | 880,369 | |||
Old Mutual, Ltd. | 696,280 | 451,923 | |||
OUTsurance Group, Ltd. | 116,109 | 490,117 | |||
Pepkor Holdings, Ltd. (C) | 323,976 | 526,486 | |||
Remgro, Ltd. | 67,670 | 601,013 | |||
Sanlam, Ltd. | 250,852 | 1,236,645 | |||
Sasol, Ltd. (A) | 77,326 | 348,957 | |||
Shoprite Holdings, Ltd. | 65,886 | 1,070,729 | |||
Standard Bank Group, Ltd. | 178,669 | 2,317,707 | |||
The Bidvest Group, Ltd. | 44,430 | 602,797 | |||
Valterra Platinum, Ltd. (B) | 11,911 | 467,810 | |||
Vodacom Group, Ltd. | 82,433 | 632,409 | |||
Woolworths Holdings, Ltd. | 120,208 | 391,424 | |||
32,105,204 | |||||
South Korea - 2.7% | |||||
Alteogen, Inc. (A) | 5,712 | 1,365,968 | |||
Amorepacific Corp. | 4,185 | 405,147 | |||
Celltrion, Inc. | 22,472 | 2,619,374 | |||
CJ CheilJedang Corp. | 1,170 | 195,948 | |||
Coway Company, Ltd. | 7,973 | 512,705 | |||
DB Insurance Company, Ltd. | 6,951 | 506,594 | |||
Doosan Bobcat, Inc. | 7,987 | 271,477 | |||
Doosan Enerbility Company, Ltd. (A) | 64,269 | 1,876,016 | |||
Ecopro BM Company, Ltd. (A) | 6,932 | 449,706 | |||
Ecopro Company, Ltd. | 14,305 | 442,128 | |||
Ecopro Materials Company, Ltd. (A) | 3,448 | 112,353 | |||
Hana Financial Group, Inc. | 41,323 | 2,173,341 | |||
Hanjin Kal Corp. | 3,309 | 337,666 | |||
Hankook Tire & Technology Company, Ltd. | 10,636 | 296,629 | |||
Hanmi Semiconductor Company, Ltd. | 6,203 | 359,761 | |||
Hanwha Aerospace Company, Ltd. | 4,409 | 2,585,554 | |||
Hanwha Ocean Company, Ltd. (A) | 12,678 | 714,278 | |||
HD Hyundai Company, Ltd. | 5,999 | 484,653 | |||
HD Hyundai Electric Company, Ltd. | 3,353 | 918,039 | |||
HD Hyundai Heavy Industries Company, Ltd. | 2,850 | 834,510 | |||
HD Korea Shipbuilding & Offshore Engineering Company, Ltd. | 6,073 | 1,387,836 | |||
HLB, Inc. (A) | 16,871 | 665,038 | |||
HMM Company, Ltd. | 37,524 | 578,816 | |||
HYBE Company, Ltd. (A) | 3,241 | 625,070 | |||
Hyundai Glovis Company, Ltd. | 5,352 | 439,197 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
South Korea (continued) | |||||
Hyundai Mobis Company, Ltd. | 8,650 | $ | 1,585,685 | ||
Hyundai Motor Company | 19,402 | 2,600,558 | |||
Hyundai Rotem Company, Ltd. | 9,943 | 1,052,434 | |||
Industrial Bank of Korea | 41,560 | 473,518 | |||
Kakao Corp. | 44,152 | 1,364,188 | |||
KakaoBank Corp. | 23,393 | 397,695 | |||
KB Financial Group, Inc. | 53,603 | 4,033,297 | |||
Kia Corp. | 34,095 | 2,205,021 | |||
Korea Aerospace Industries, Ltd. | 10,463 | 633,868 | |||
Korea Electric Power Corp. | 36,307 | 794,042 | |||
Korea Investment Holdings Company, Ltd. | 6,386 | 499,171 | |||
Korea Zinc Company, Ltd. | 590 | 311,064 | |||
Korean Air Lines Company, Ltd. | 26,189 | 426,648 | |||
Krafton, Inc. (A) | 4,064 | 1,085,512 | |||
KT&G Corp. | 13,500 | 1,173,694 | |||
LG Chem, Ltd. | 7,080 | 1,010,247 | |||
LG Corp. | 12,453 | 639,704 | |||
LG Display Company, Ltd. (A) | 40,978 | 255,107 | |||
LG Electronics, Inc. | 15,202 | 781,883 | |||
LG Energy Solution, Ltd. (A) | 6,648 | 1,376,181 | |||
LG H&H Company, Ltd. | 1,343 | 316,650 | |||
LG Innotek Company, Ltd. | 2,067 | 216,621 | |||
LG Uplus Corp. | 30,273 | 280,442 | |||
LS Electric Company, Ltd. | 2,166 | 395,459 | |||
Meritz Financial Group, Inc. | 13,609 | 1,099,989 | |||
Mirae Asset Securities Company, Ltd. | 34,467 | 387,780 | |||
NAVER Corp. | 20,323 | 2,753,937 | |||
NCSoft Corp. | 1,864 | 205,709 | |||
NH Investment & Securities Company, Ltd. | 23,492 | 293,077 | |||
Orion Corp. | 3,403 | 271,794 | |||
POSCO Future M Company, Ltd. (A) | 4,344 | 366,719 | |||
POSCO Holdings, Inc. | 10,029 | 1,816,832 | |||
Posco International Corp. | 7,416 | 262,707 | |||
Samsung Biologics Company, Ltd. (A)(C) | 2,535 | 1,894,854 | |||
Samsung C&T Corp. | 12,810 | 1,388,434 | |||
Samsung Electro-Mechanics Company, Ltd. | 8,039 | 709,589 | |||
Samsung Electronics Company, Ltd. | 682,599 | 27,698,289 | |||
Samsung Fire & Marine Insurance Company, Ltd. | 4,483 | 1,311,997 | |||
Samsung Heavy Industries Company, Ltd. (A) | 94,126 | 1,149,580 | |||
Samsung Life Insurance Company, Ltd. | 11,666 | 834,821 | |||
Samsung SDI Company, Ltd. | 8,927 | 1,091,478 | |||
Samsung SDS Company, Ltd. | 6,077 | 571,966 | |||
Shinhan Financial Group Company, Ltd. | 61,477 | 2,571,400 | |||
SK Biopharmaceuticals Company, Ltd. (A) | 4,361 | 293,897 | |||
SK Hynix, Inc. | 78,051 | 11,513,389 | |||
SK Innovation Company, Ltd. | 9,467 | 613,383 | |||
SK Square Company, Ltd. (A) | 13,570 | 1,122,391 | |||
SK Telecom Company, Ltd. | 7,543 | 281,199 | |||
SK, Inc. | 5,136 | 608,156 | |||
SKC Company, Ltd. (A) | 2,705 | 174,158 | |||
S-Oil Corp. | 5,563 | 218,987 | |||
Woori Financial Group, Inc. | 91,281 | 1,273,718 | |||
Yuhan Corp. | 8,106 | 612,738 | |||
108,459,461 | |||||
Spain - 2.1% | |||||
Acciona SA | 3,619 | 583,128 | |||
ACS Actividades de Construccion y Servicios SA | 26,749 | 1,757,036 | |||
Aena SME SA (C) | 11,116 | 2,990,589 |
38 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Spain (continued) | |||||
Amadeus IT Group SA | 67,156 | $ | 5,585,359 | ||
Banco Bilbao Vizcaya Argentaria SA | 858,472 | 12,887,314 | |||
Banco de Sabadell SA | 806,074 | 2,566,114 | |||
Banco Santander SA | 2,257,989 | 18,013,404 | |||
CaixaBank SA | 585,803 | 4,969,137 | |||
Cellnex Telecom SA (A)(C) | 78,879 | 3,024,237 | |||
EDP Renovaveis SA | 36,100 | 364,373 | |||
Endesa SA | 46,809 | 1,430,428 | |||
Grifols SA (A) | 44,771 | 481,802 | |||
Iberdrola SA | 868,908 | 15,926,835 | |||
Industria de Diseno Textil SA | 162,772 | 8,818,199 | |||
Mapfre SA | 7,189 | 27,193 | |||
Redeia Corp. SA | 59,620 | 1,233,392 | |||
Repsol SA | 172,441 | 2,323,283 | |||
Telefonica SA (B) | 591,264 | 3,166,906 | |||
86,148,729 | |||||
Sweden - 2.2% | |||||
AddTech AB, B Shares | 34,115 | 1,172,422 | |||
Alfa Laval AB | 38,186 | 1,624,601 | |||
Assa Abloy AB, B Shares | 132,984 | 4,220,990 | |||
Atlas Copco AB, A Shares | 358,737 | 5,762,332 | |||
Atlas Copco AB, B Shares | 203,438 | 2,896,097 | |||
Beijer Ref AB | 50,563 | 745,631 | |||
Boliden AB (A) | 35,872 | 1,121,476 | |||
Epiroc AB, A Shares | 87,592 | 1,957,670 | |||
Epiroc AB, B Shares | 51,108 | 999,147 | |||
EQT AB (B) | 50,420 | 1,477,383 | |||
Essity AB, B Shares | 80,366 | 2,351,046 | |||
Evolution AB (C) | 20,962 | 1,437,834 | |||
Fastighets AB Balder, B Shares (A) | 93,953 | 658,749 | |||
Hennes & Mauritz AB, B Shares (B) | 74,838 | 1,071,122 | |||
Hexagon AB, B Shares | 274,856 | 2,770,952 | |||
Holmen AB, B Shares | 9,965 | 411,434 | |||
Industrivarden AB, A Shares | 8,073 | 292,672 | |||
Industrivarden AB, C Shares | 28,803 | 1,041,049 | |||
Indutrade AB | 35,455 | 960,774 | |||
Investment AB Latour, B Shares | 19,176 | 505,719 | |||
Investor AB, B Shares | 231,054 | 6,804,052 | |||
L.E. Lundbergforetagen AB, B Shares | 10,267 | 524,373 | |||
Lifco AB, B Shares | 30,538 | 1,243,579 | |||
Nibe Industrier AB, B Shares (B) | 200,274 | 821,172 | |||
Saab AB, B Shares | 42,396 | 2,142,498 | |||
Sagax AB, B Shares | 28,608 | 626,508 | |||
Sandvik AB | 141,943 | 3,098,281 | |||
Securitas AB, B Shares | 64,314 | 951,113 | |||
Skandinaviska Enskilda Banken AB, A Shares | 211,104 | 3,522,314 | |||
Skanska AB, B Shares | 45,300 | 1,077,702 | |||
SKF AB, B Shares | 45,705 | 1,005,343 | |||
Spotify Technology SA (A) | 20,346 | 13,532,938 | |||
Svenska Cellulosa AB SCA, B Shares | 79,914 | 1,080,286 | |||
Svenska Handelsbanken AB, A Shares | 191,804 | 2,562,642 | |||
Swedbank AB, A Shares | 111,828 | 3,028,007 | |||
Swedish Orphan Biovitrum AB (A) | 25,826 | 789,441 | |||
Tele2 AB, B Shares (B) | 71,738 | 1,073,357 | |||
Telefonaktiebolaget LM Ericsson, B Shares | 366,782 | 3,122,256 | |||
Telia Company AB | 307,396 | 1,188,708 | |||
Trelleborg AB, B Shares | 28,304 | 1,035,799 | |||
Volvo AB, B Shares | 210,889 | 5,843,446 | |||
88,552,915 | |||||
Switzerland - 5.9% | |||||
ABB, Ltd. | 203,118 | 11,506,160 | |||
Alcon, Inc. | 64,120 | 5,521,815 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Switzerland (continued) | |||||
Avolta AG (A) | 10,813 | $ | 579,910 | ||
Baloise Holding AG | 5,456 | 1,294,835 | |||
Banque Cantonale Vaudoise (B) | 3,609 | 418,129 | |||
Barry Callebaut AG (B) | 448 | 461,179 | |||
BKW AG | 2,527 | 533,242 | |||
Chocoladefabriken Lindt & Spruengli AG | 13 | 2,042,430 | |||
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates | 125 | 2,012,700 | |||
Cie Financiere Richemont SA, A Shares | 68,989 | 13,018,709 | |||
Coca-Cola HBC AG (A) | 28,073 | 1,462,951 | |||
DSM-Firmenich AG | 25,961 | 2,889,945 | |||
EMS-Chemie Holding AG | 849 | 645,160 | |||
Galderma Group AG | 12,196 | 1,602,352 | |||
Geberit AG | 4,251 | 3,175,201 | |||
Givaudan SA | 1,180 | 5,934,324 | |||
Glencore PLC (A) | 1,347,895 | 5,128,645 | |||
Helvetia Holding AG | 4,963 | 1,176,425 | |||
Holcim, Ltd. (A) | 67,043 | 7,429,045 | |||
Julius Baer Group, Ltd. | 26,915 | 1,775,120 | |||
Kuehne + Nagel International AG | 6,071 | 1,366,075 | |||
Logitech International SA | 19,464 | 1,621,851 | |||
Lonza Group AG | 9,276 | 6,436,665 | |||
Nestle SA | 335,958 | 35,791,979 | |||
Novartis AG | 252,881 | 29,189,821 | |||
Partners Group Holding AG | 2,942 | 3,949,248 | |||
Roche Holding AG | 90,558 | 29,336,001 | |||
Roche Holding AG, Bearer Shares | 3,738 | 1,277,253 | |||
Sandoz Group AG | 53,622 | 2,727,952 | |||
Schindler Holding AG | 2,619 | 900,674 | |||
Schindler Holding AG, Participation Certificates | 5,495 | 1,958,102 | |||
SGS SA | 19,192 | 2,004,475 | |||
SIG Group AG (A) | 38,236 | 781,817 | |||
Sika AG | 19,587 | 5,256,602 | |||
Sonova Holding AG | 6,476 | 2,034,129 | |||
STMicroelectronics NV | 86,169 | 2,163,240 | |||
Straumann Holding AG | 14,310 | 1,840,669 | |||
Swiss Life Holding AG | 3,776 | 3,771,237 | |||
Swiss Prime Site AG | 9,687 | 1,377,615 | |||
Swiss Re AG | 39,340 | 6,951,131 | |||
Swisscom AG | 3,271 | 2,249,951 | |||
Temenos AG | 7,060 | 524,931 | |||
The Swatch Group AG, Bearer Shares (B) | 3,668 | 618,815 | |||
UBS Group AG | 423,639 | 13,514,310 | |||
VAT Group AG (C) | 3,453 | 1,317,358 | |||
Zurich Insurance Group AG | 18,990 | 13,320,299 | |||
240,890,477 | |||||
Taiwan - 4.9% | |||||
Accton Technology Corp. | 67,000 | 1,634,911 | |||
Acer, Inc. | 382,000 | 437,247 | |||
Advantech Company, Ltd. | 61,682 | 694,253 | |||
Airtac International Group | 18,000 | 552,330 | |||
Alchip Technologies, Ltd. | 10,000 | 913,984 | |||
ASE Technology Holding Company, Ltd. | 440,000 | 2,001,909 | |||
Asia Cement Corp. | 311,000 | 432,259 | |||
Asia Vital Components Company, Ltd. | 44,000 | 883,291 | |||
Asustek Computer, Inc. | 94,000 | 1,932,623 | |||
AUO Corp. (A) | 843,800 | 358,503 | |||
Catcher Technology Company, Ltd. | 81,000 | 562,832 | |||
Cathay Financial Holding Company, Ltd. | 1,278,000 | 2,528,135 | |||
Chailease Holding Company, Ltd. | 199,932 | 803,166 | |||
Chang Hwa Commercial Bank, Ltd. | 830,752 | 503,549 |
39 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Taiwan (continued) | |||||
Cheng Shin Rubber Industry Company, Ltd. | 237,000 | $ | 399,442 | ||
China Airlines, Ltd. | 391,000 | 286,145 | |||
China Steel Corp. | 1,548,000 | 1,015,658 | |||
Chunghwa Telecom Company, Ltd. | 509,000 | 2,195,177 | |||
Compal Electronics, Inc. | 553,000 | 524,111 | |||
CTBC Financial Holding Company, Ltd. | 2,229,000 | 3,008,974 | |||
Delta Electronics, Inc. | 259,000 | 3,182,691 | |||
E Ink Holdings, Inc. | 113,000 | 788,289 | |||
E.Sun Financial Holding Company, Ltd. | 1,905,415 | 1,884,518 | |||
Eclat Textile Company, Ltd. (A) | 25,340 | 360,182 | |||
Elite Material Company, Ltd. | 39,000 | 957,959 | |||
eMemory Technology, Inc. | 8,000 | 636,252 | |||
Eva Airways Corp. | 362,000 | 489,075 | |||
Evergreen Marine Corp. Taiwan, Ltd. | 143,560 | 1,159,829 | |||
Far Eastern New Century Corp. | 394,000 | 428,933 | |||
Far EasTone Telecommunications Company, Ltd. | 233,000 | 669,073 | |||
Feng TAY Enterprise Company, Ltd. | 63,110 | 254,507 | |||
First Financial Holding Company, Ltd. | 1,482,439 | 1,330,705 | |||
Formosa Chemicals & Fibre Corp. | 470,000 | 372,326 | |||
Formosa Plastics Corp. | 552,000 | 635,223 | |||
Fortune Electric Company, Ltd. | 18,700 | 280,520 | |||
Fubon Financial Holding Company, Ltd. | 1,100,332 | 2,900,565 | |||
Gigabyte Technology Company, Ltd. | 70,000 | 630,047 | |||
Global Unichip Corp. | 12,000 | 453,833 | |||
Globalwafers Company, Ltd. | 34,000 | 352,233 | |||
Hon Hai Precision Industry Company, Ltd. | 1,659,800 | 8,452,759 | |||
Hotai Motor Company, Ltd. | 40,820 | 863,670 | |||
Hua Nan Financial Holdings Company, Ltd. | 1,170,395 | 1,024,011 | |||
Innolux Corp. | 1,006,083 | 404,078 | |||
International Games System Company, Ltd. | 34,000 | 946,816 | |||
Inventec Corp. | 358,000 | 495,691 | |||
Jentech Precision Industrial Company, Ltd. | 11,000 | 487,138 | |||
KGI Financial Holding Company, Ltd. | 2,175,548 | 1,242,965 | |||
Largan Precision Company, Ltd. | 13,000 | 988,459 | |||
Lite-On Technology Corp. | 281,000 | 938,787 | |||
Lotes Company, Ltd. | 11,000 | 469,760 | |||
MediaTek, Inc. | 202,000 | 8,293,835 | |||
Mega Financial Holding Company, Ltd. | 1,576,058 | 2,078,636 | |||
Micro-Star International Company, Ltd. | 93,000 | 436,493 | |||
Nan Ya Plastics Corp. | 684,000 | 648,540 | |||
Nien Made Enterprise Company, Ltd. | 23,000 | 329,080 | |||
Novatek Microelectronics Corp. | 77,000 | 1,311,341 | |||
Pegatron Corp. | 267,000 | 738,617 | |||
PharmaEssentia Corp. (A) | 31,000 | 511,500 | |||
Pou Chen Corp. | 300,000 | 309,494 | |||
President Chain Store Corp. | 73,000 | 621,642 | |||
Quanta Computer, Inc. | 359,000 | 3,175,860 | |||
Realtek Semiconductor Corp. | 64,000 | 1,141,207 | |||
Ruentex Development Company, Ltd. | 217,117 | 214,826 | |||
Shin Kong Financial Holding Company, Ltd. (A) | 2,007,988 | 802,299 | |||
SinoPac Financial Holdings Company, Ltd. | 1,436,228 | 1,092,521 | |||
Synnex Technology International Corp. | 163,000 | 384,594 | |||
Taishin Financial Holding Company, Ltd. | 1,542,923 | 878,128 | |||
Taiwan Business Bank | 889,801 | 434,921 | |||
Taiwan Cooperative Financial Holding Company, Ltd. | 1,377,859 | 1,101,243 | |||
Taiwan High Speed Rail Corp. | 234,000 | 213,599 | |||
Taiwan Mobile Company, Ltd. | 240,000 | 910,211 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Taiwan (continued) | |||||
Taiwan Semiconductor Manufacturing Company, Ltd. | 3,267,816 | $ | 104,223,758 | ||
TCC Group Holdings Company, Ltd. | 895,442 | 873,913 | |||
The Shanghai Commercial & Savings Bank, Ltd. | 511,000 | 791,032 | |||
Unimicron Technology Corp. | 182,000 | 630,063 | |||
Uni-President Enterprises Corp. | 640,000 | 1,692,187 | |||
United Microelectronics Corp. | 1,498,000 | 2,306,496 | |||
Vanguard International Semiconductor Corp. | 134,000 | 369,828 | |||
Voltronic Power Technology Corp. | 9,000 | 401,069 | |||
Wan Hai Lines, Ltd. | 92,545 | 331,022 | |||
Wistron Corp. | 365,000 | 1,390,981 | |||
Wiwynn Corp. | 15,000 | 1,180,114 | |||
WPG Holdings, Ltd. | 210,960 | 491,294 | |||
Yageo Corp. | 54,929 | 880,689 | |||
Yang Ming Marine Transport Corp. | 231,000 | 607,723 | |||
Yuanta Financial Holding Company, Ltd. | 1,389,340 | 1,439,839 | |||
Zhen Ding Technology Holding, Ltd. | 89,000 | 302,049 | |||
199,290,037 | |||||
Thailand - 0.3% | |||||
Advanced Info Service PCL, NVDR | 165,191 | 1,436,804 | |||
Airports of Thailand PCL, NVDR | 583,967 | 590,421 | |||
Bangkok Dusit Medical Services PCL, NVDR | 1,538,555 | 1,006,136 | |||
Bangkok Expressway & Metro PCL, NVDR | 936,300 | 152,504 | |||
Bumrungrad Hospital PCL, NVDR | 80,579 | 343,158 | |||
Central Pattana PCL, NVDR | 279,286 | 385,755 | |||
Central Retail Corp. PCL, NVDR | 243,783 | 138,594 | |||
Charoen Pokphand Foods PCL, NVDR | 539,872 | 402,365 | |||
CP ALL PCL, NVDR | 809,040 | 1,156,318 | |||
CP AXTRA PCL, NVDR | 285,372 | 162,965 | |||
Delta Electronics Thailand PCL, NVDR | 432,669 | 1,365,220 | |||
Gulf Development PCL, NVDR (A) | 623,509 | 854,707 | |||
Home Product Center PCL, NVDR | 817,300 | 191,325 | |||
Kasikornbank PCL, NVDR | 83,565 | 391,953 | |||
Krung Thai Bank PCL, NVDR | 497,156 | 335,773 | |||
Krungthai Card PCL, NVDR | 118,444 | 138,738 | |||
Minor International PCL, NVDR | 465,429 | 351,356 | |||
PTT Exploration & Production PCL, NVDR | 187,692 | 559,272 | |||
PTT Oil & Retail Business PCL, NVDR | 397,386 | 142,504 | |||
PTT PCL, NVDR | 1,387,410 | 1,255,994 | |||
SCB X PCL, NVDR | 117,095 | 422,599 | |||
The Siam Cement PCL, NVDR | 109,498 | 552,363 | |||
TMBThanachart Bank PCL, NVDR | 3,459,200 | 202,061 | |||
True Corp. PCL, NVDR (A) | 1,433,500 | 545,113 | |||
13,083,998 | |||||
Turkey - 0.1% | |||||
Akbank TAS | 407,018 | 529,287 | |||
Aselsan Elektronik Sanayi Ve Ticaret AS | 179,390 | 593,254 | |||
BIM Birlesik Magazalar AS | 59,917 | 727,772 | |||
Coca-Cola Icecek AS | 109,647 | 136,418 | |||
Eregli Demir ve Celik Fabrikalari TAS | 473,524 | 283,198 | |||
Ford Otomotiv Sanayi AS | 89,361 | 182,979 | |||
Haci Omer Sabanci Holding AS | 135,632 | 267,457 | |||
KOC Holding AS | 99,017 | 358,110 | |||
Pegasus Hava Tasimaciligi AS (A) | 32,967 | 202,921 | |||
Sasa Polyester Sanayi AS (A) | 1,446,011 | 120,999 | |||
Turk Hava Yollari AO (A) | 74,320 | 518,400 | |||
Turkcell Iletisim Hizmetleri AS | 161,650 | 391,417 | |||
Turkiye Is Bankasi AS, Class C | 1,150,500 | 315,642 |
40 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Turkey (continued) | |||||
Turkiye Petrol Rafinerileri AS | 123,357 | $ | 390,177 | ||
Turkiye Sise ve Cam Fabrikalari AS | 166,464 | 140,129 | |||
Yapi ve Kredi Bankasi AS (A) | 436,687 | 283,755 | |||
5,441,915 | |||||
United Arab Emirates - 0.4% | |||||
Abu Dhabi Commercial Bank PJSC | 379,432 | 1,247,183 | |||
Abu Dhabi Islamic Bank PJSC | 183,055 | 955,573 | |||
Abu Dhabi National Oil Company for Distribution PJSC | 375,749 | 371,313 | |||
ADNOC Drilling Company PJSC | 407,644 | 582,489 | |||
Aldar Properties PJSC | 493,962 | 1,116,673 | |||
Americana Restaurants International PLC | 376,982 | 209,428 | |||
Dubai Islamic Bank PJSC | 364,197 | 817,914 | |||
Emaar Development PJSC | 128,286 | 467,824 | |||
Emaar Properties PJSC | 846,942 | 3,032,860 | |||
Emirates NBD Bank PJSC | 239,707 | 1,461,379 | |||
Emirates Telecommunications Group Company PJSC | 444,151 | 2,078,068 | |||
First Abu Dhabi Bank PJSC | 563,196 | 2,468,118 | |||
Multiply Group PJSC (A) | 426,099 | 270,470 | |||
NMC Health PLC (A)(D) | 5,577 | 0 | |||
15,079,292 | |||||
United Kingdom - 8.5% | |||||
3i Group PLC | 126,765 | 6,962,565 | |||
Admiral Group PLC | 33,923 | 1,532,332 | |||
Anglo American PLC | 165,099 | 4,896,711 | |||
AngloGold Ashanti PLC | 66,552 | 2,877,260 | |||
Ashtead Group PLC | 56,965 | 3,335,604 | |||
Associated British Foods PLC | 42,637 | 1,198,611 | |||
AstraZeneca PLC | 201,714 | 29,547,784 | |||
Auto Trader Group PLC (C) | 112,600 | 1,205,897 | |||
Aviva PLC | 364,242 | 3,001,129 | |||
BAE Systems PLC | 391,990 | 10,050,541 | |||
Barclays PLC | 1,880,001 | 8,325,476 | |||
Barratt Redrow PLC | 178,040 | 1,106,604 | |||
BP PLC | 2,092,742 | 10,175,085 | |||
British American Tobacco PLC | 258,572 | 11,640,460 | |||
BT Group PLC | 842,326 | 2,039,407 | |||
Bunzl PLC | 42,952 | 1,376,652 | |||
Centrica PLC | 659,173 | 1,409,510 | |||
Coca-Cola Europacific Partners PLC | 29,108 | 2,671,823 | |||
Compass Group PLC | 220,468 | 7,752,256 | |||
Croda International PLC | 17,337 | 717,584 | |||
Diageo PLC | 289,611 | 7,860,376 | |||
Entain PLC | 79,825 | 809,353 | |||
GSK PLC | 539,730 | 10,964,011 | |||
Haleon PLC | 1,177,689 | 6,574,222 | |||
Halma PLC | 49,361 | 1,935,146 | |||
Hikma Pharmaceuticals PLC | 21,686 | 625,973 | |||
HSBC Holdings PLC | 2,328,556 | 27,432,690 | |||
Imperial Brands PLC | 103,025 | 3,907,177 | |||
Informa PLC | 174,303 | 1,848,147 | |||
InterContinental Hotels Group PLC | 20,736 | 2,376,091 | |||
Intertek Group PLC | 21,095 | 1,362,070 | |||
J Sainsbury PLC | 224,446 | 863,218 | |||
JD Sports Fashion PLC | 337,044 | 382,252 | |||
Kingfisher PLC | 235,427 | 881,297 | |||
Land Securities Group PLC | 91,276 | 779,416 | |||
Legal & General Group PLC | 788,416 | 2,645,247 | |||
Lloyds Banking Group PLC | 7,895,028 | 8,223,501 | |||
London Stock Exchange Group PLC | 62,377 | 9,491,053 | |||
M&G PLC | 295,843 | 945,173 | |||
Marks & Spencer Group PLC | 264,203 | 1,333,627 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
United Kingdom (continued) | |||||
Melrose Industries PLC | 169,371 | $ | 1,073,103 | ||
Mondi PLC | 57,803 | 940,219 | |||
National Grid PLC (B) | 636,327 | 9,010,837 | |||
NatWest Group PLC | 995,030 | 7,065,540 | |||
Next PLC | 15,181 | 2,634,609 | |||
Pearson PLC | 78,373 | 1,230,906 | |||
Phoenix Group Holdings PLC | 94,037 | 804,670 | |||
Reckitt Benckiser Group PLC | 89,173 | 6,061,745 | |||
RELX PLC | 241,791 | 13,011,744 | |||
Rentokil Initial PLC | 327,483 | 1,554,594 | |||
Rio Tinto PLC | 146,553 | 8,673,272 | |||
Rolls-Royce Holdings PLC | 1,107,206 | 12,884,496 | |||
Schroders PLC | 111,893 | 536,511 | |||
Segro PLC | 166,359 | 1,564,471 | |||
Severn Trent PLC | 34,425 | 1,257,214 | |||
Shell PLC | 792,456 | 26,146,941 | |||
Smith & Nephew PLC | 107,235 | 1,556,102 | |||
Smiths Group PLC | 44,903 | 1,305,220 | |||
Spirax Group PLC | 9,603 | 740,988 | |||
SSE PLC | 142,849 | 3,400,657 | |||
Standard Chartered PLC | 267,862 | 4,178,969 | |||
Tesco PLC | 873,753 | 4,572,009 | |||
The Sage Group PLC | 129,834 | 2,135,276 | |||
Unilever PLC | 322,247 | 20,508,170 | |||
United Utilities Group PLC | 87,336 | 1,382,806 | |||
Vodafone Group PLC | 2,646,469 | 2,744,549 | |||
Whitbread PLC | 22,618 | 883,624 | |||
Wise PLC, Class A (A) | 86,666 | 1,285,816 | |||
WPP PLC | 141,197 | 1,140,309 | |||
343,348,698 | |||||
United States - 0.2% | |||||
BeOne Medicines, Ltd. (A) | 104,894 | 2,000,527 | |||
Brookfield Asset Management, Ltd., Class A (B) | 51,250 | 2,883,384 | |||
Brookfield Renewable Corp. | 19,795 | 582,736 | |||
Flutter Entertainment PLC (A) | 102 | 25,823 | |||
Legend Biotech Corp., ADR (A) | 10,251 | 296,766 | |||
RB Global, Inc. | 25,113 | 2,645,891 | |||
Southern Copper Corp. | 13,688 | 1,244,376 | |||
9,679,503 | |||||
TOTAL COMMON STOCKS (Cost $3,178,583,637) | $ | 3,831,541,316 | |||
PREFERRED SECURITIES - 0.7% | |||||
Brazil - 0.3% | |||||
Banco Bradesco SA | 651,587 | 1,845,565 | |||
Centrais Eletricas Brasileiras SA, B Shares | 34,500 | 283,323 | |||
Cia Energetica de Minas Gerais | 217,002 | 411,278 | |||
Companhia Paranaense de Energia, B Shares | 132,500 | 293,518 | |||
Gerdau SA | 169,134 | 450,965 | |||
Itau Unibanco Holding SA | 638,540 | 4,178,784 | |||
Itausa SA | 700,406 | 1,355,625 | |||
Petroleo Brasileiro SA | 549,400 | 2,968,172 | |||
11,787,230 | |||||
Chile - 0.0% | |||||
Sociedad Quimica y Minera de Chile SA, B Shares (A) | 19,465 | 581,506 | |||
Colombia - 0.1% | |||||
Grupo Cibest SA | 111,648 | 1,150,068 | |||
Germany - 0.2% | |||||
Bayerische Motoren Werke AG | 7,870 | 652,313 | |||
Dr. Ing. h.c. F. Porsche AG (C) | 16,473 | 794,546 |
41 |
Shares or Principal Amount | Value | ||||
PREFERRED SECURITIES (continued) | |||||
Germany (continued) | |||||
Henkel AG & Company KGaA | 26,054 | $ | 2,087,573 | ||
Porsche Automobil Holding SE | 21,745 | 869,358 | |||
Sartorius AG | 3,837 | 920,407 | |||
Volkswagen AG | 30,001 | 3,248,341 | |||
8,572,538 | |||||
South Korea - 0.1% | |||||
Hyundai Motor Company | 3,323 | 355,610 | |||
Hyundai Motor Company, 2nd Preferred Shares | 5,181 | 553,665 | |||
Samsung Electronics Company, Ltd. | 117,048 | 3,900,955 | |||
4,810,230 | |||||
TOTAL PREFERRED SECURITIES (Cost $29,845,034) | $ | 26,901,572 | |||
RIGHTS - 0.0% | |||||
ArcelorMittal SA (Expiration Date: 6-4-25) (A)(E) | 60,833 | 16,781 | |||
Ferrovial SE (Expiration Date: 6-25-25) (A)(E) | 61,206 | 22,114 | |||
Hanwha Aerospace Company, Ltd. (Expiration Date: 7-3-25; Strike Price: KRW 684,000.00) (A) | 297 | 27,339 | |||
Koninklijke Philips NV (Expiration Date: 6-4-25) (A)(B)(E) | 102,362 | 98,793 | |||
Shell PLC (Expiration Date: 6-24-25) (A)(E) | 761,951 | 273,958 | |||
TOTAL RIGHTS (Cost $410,347) | $ | 438,985 | |||
WARRANTS - 0.0% | |||||
BTS Group Holdings PCL (Expiration Date: 11-20-26; Strike Price: THB 14.90) (A) | 100,920 | 61 | |||
Srisawad Corp. PCL (Expiration Date: 8-29-25; Strike Price: THB 100.00) (A) | 2,652 | 14 | |||
YTL Corp. BHD (Expiration Date: 6-2-28; Strike Price: MYR 1.50) (A) | 88,680 | 6,667 | |||
YTL Power International BHD (Expiration Date: 6-2-28; Strike Price: MYR 2.45) (A) | 65,920 | 11,615 | |||
TOTAL WARRANTS (Cost $0) | $ | 18,357 | |||
SHORT-TERM INVESTMENTS - 4.9% | |||||
U.S. Government - 3.7% | |||||
U.S. Treasury Bill | |||||
4.185%, 06/10/2025 * | $ | 800,000 | $ | 799,247 | |
4.198%, 08/21/2025 * | 61,300,000 | 60,723,269 | |||
4.257%, 09/09/2025 * | 87,500,000 | 86,483,760 | |||
148,006,276 |
Shares or Principal Amount | Value | ||||
SHORT-TERM INVESTMENTS (continued) | |||||
U.S. Government Agency - 0.0% | |||||
Federal National Mortgage Association Discount Note 4.130%, 06/02/2025 * | $ | 1,300,000 | $ | 1,299,544 | |
Short-term funds - 1.2% | |||||
John Hancock Collateral Trust, 4.2439% (F)(G) | 5,003,450 | 50,047,511 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $199,324,646) | $ | 199,353,331 | |||
Total Investments (International Strategic Equity Allocation Fund) (Cost $3,408,163,664) - 100.1% | $ | 4,058,253,561 | |||
Other assets and liabilities, net - (0.1%) | (2,457,560) | ||||
TOTAL NET ASSETS - 100.0% | $ | 4,055,796,001 |
Currency Abbreviations | |
KRW | Korean Won |
MYR | Malaysian Ringgit |
THB | Thai Bhat |
Security Abbreviations and Legend | |
ADR | American Depositary Receipt |
NVDR | Non-Voting Depositary Receipt |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 5-31-25. The value of securities on loan amounted to $47,427,818. |
(C) | This security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. |
(D) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(E) | Strike price and/or expiration date not available. |
(F) | The rate shown is the annualized seven-day yield as of 5-31-25. |
(G) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
* | Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end. |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
Canadian Dollar Currency Futures | 198 | Long | Jun 2025 | $13,929,565 | $14,438,160 | $508,595 |
Mini MSCI EAFE Index Futures | 918 | Long | Jun 2025 | 108,975,378 | 119,519,010 | 10,543,632 |
Mini MSCI Emerging Markets Index Futures | 916 | Long | Jun 2025 | 49,315,081 | 52,605,880 | 3,290,799 |
S&P/TSX 60 Index Futures | 65 | Long | Jun 2025 | 13,576,309 | 14,853,354 | 1,277,045 |
$15,620,071 |
42 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS – 94.4% | |||||
Communication services – 1.9% | |||||
Interactive media and services – 1.0% | |||||
Pinterest, Inc., Class A (A) | 405,305 | $ | 12,609,039 | ||
Media – 0.9% | |||||
Charter Communications, Inc., Class A (A) | 18,600 | 7,370,622 | |||
Liberty Broadband Corp., Series C (A) | 52,000 | 4,877,600 | |||
12,248,222 | |||||
24,857,261 | |||||
Consumer discretionary – 5.9% | |||||
Hotels, restaurants and leisure – 1.2% | |||||
Aramark | 172,956 | 7,004,718 | |||
Compass Group PLC | 242,106 | 8,513,130 | |||
15,517,848 | |||||
Household durables – 0.8% | |||||
Installed Building Products, Inc. | 17,600 | 2,806,848 | |||
PulteGroup, Inc. | 79,300 | 7,773,779 | |||
10,580,627 | |||||
Specialty retail – 2.1% | |||||
Advance Auto Parts, Inc. | 356,794 | 17,101,136 | |||
Bath & Body Works, Inc. | 127,549 | 3,586,678 | |||
Burlington Stores, Inc. (A) | 28,768 | 6,566,871 | |||
27,254,685 | |||||
Textiles, apparel and luxury goods – 1.8% | |||||
Puma SE | 284,418 | 7,379,404 | |||
Ralph Lauren Corp. | 37,226 | 10,304,529 | |||
VF Corp. | 546,484 | 6,809,191 | |||
24,493,124 | |||||
77,846,284 | |||||
Consumer staples – 4.2% | |||||
Food products – 2.5% | |||||
Flowers Foods, Inc. | 403,023 | 6,811,089 | |||
Lamb Weston Holdings, Inc. | 303,516 | 16,930,122 | |||
Tyson Foods, Inc., Class A | 157,092 | 8,822,287 | |||
32,563,498 | |||||
Personal care products – 1.7% | |||||
Kenvue, Inc. | 944,994 | 22,557,007 | |||
55,120,505 | |||||
Energy – 6.9% | |||||
Energy equipment and services – 1.9% | |||||
Baker Hughes Company | 140,815 | 5,217,196 | |||
TechnipFMC PLC | 361,228 | 11,252,252 | |||
Tidewater, Inc. (A) | 217,391 | 8,632,597 | |||
25,102,045 | |||||
Oil, gas and consumable fuels – 5.0% | |||||
Expand Energy Corp. | 160,939 | 18,689,846 | |||
Marathon Petroleum Corp. | 73,114 | 11,752,344 | |||
Permian Resources Corp. | 541,300 | 6,825,793 | |||
Phillips 66 | 77,200 | 8,760,656 | |||
South Bow Corp. | 243,544 | 6,312,428 | |||
Suncor Energy, Inc. | 74,165 | 2,636,566 | |||
Viper Energy, Inc. | 268,368 | 10,651,526 | |||
65,629,159 | |||||
90,731,204 | |||||
Financials – 19.1% | |||||
Banks – 4.7% | |||||
Fifth Third Bancorp | 361,316 | 13,798,658 | |||
KeyCorp | 633,828 | 10,052,512 | |||
Popular, Inc. | 155,215 | 16,069,409 | |||
Webster Financial Corp. | 179,059 | 9,217,957 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Banks (continued) | |||||
Western Alliance Bancorp | 178,600 | $ | 12,932,426 | ||
62,070,962 | |||||
Capital markets – 2.4% | |||||
Lazard, Inc. | 343,976 | 14,928,558 | |||
Main Street Capital Corp. (B) | 175,134 | 9,961,622 | |||
StepStone Group, Inc., Class A | 107,977 | 6,246,469 | |||
31,136,649 | |||||
Consumer finance – 0.6% | |||||
OneMain Holdings, Inc. | 145,897 | 7,563,300 | |||
Financial services – 4.4% | |||||
Corebridge Financial, Inc. | 381,172 | 12,430,019 | |||
Corpay, Inc. (A) | 50,364 | 16,373,840 | |||
Edenred SE | 249,290 | 7,787,778 | |||
Marqeta, Inc., Class A (A) | 1,795,394 | 9,659,220 | |||
Voya Financial, Inc. | 175,957 | 11,704,660 | |||
57,955,517 | |||||
Insurance – 6.3% | |||||
Assurant, Inc. | 59,050 | 11,985,969 | |||
Horace Mann Educators Corp. | 126,208 | 5,481,213 | |||
RenaissanceRe Holdings, Ltd. | 93,258 | 23,260,410 | |||
The Allstate Corp. | 71,246 | 14,952,398 | |||
The Hanover Insurance Group, Inc. | 76,810 | 13,517,024 | |||
Willis Towers Watson PLC | 40,492 | 12,817,743 | |||
82,014,757 | |||||
Mortgage real estate investment trusts – 0.7% | |||||
Annaly Capital Management, Inc. | 477,851 | 9,055,276 | |||
249,796,461 | |||||
Health care – 10.8% | |||||
Biotechnology – 2.0% | |||||
Alkermes PLC (A) | 336,169 | 10,290,133 | |||
Exact Sciences Corp. (A) | 74,946 | 4,217,961 | |||
Neurocrine Biosciences, Inc. (A) | 93,576 | 11,511,720 | |||
26,019,814 | |||||
Health care equipment and supplies – 4.6% | |||||
Baxter International, Inc. | 701,829 | 21,405,785 | |||
Dentsply Sirona, Inc. | 648,595 | 10,364,548 | |||
The Cooper Companies, Inc. (A) | 101,600 | 6,937,248 | |||
Zimmer Biomet Holdings, Inc. | 238,186 | 21,953,605 | |||
60,661,186 | |||||
Health care providers and services – 2.0% | |||||
Concentra Group Holdings Parent, Inc. | 665,567 | 14,396,214 | |||
Select Medical Holdings Corp. | 761,344 | 11,640,950 | |||
26,037,164 | |||||
Pharmaceuticals – 2.2% | |||||
Perrigo Company PLC | 713,256 | 19,093,863 | |||
Viatris, Inc. | 1,154,501 | 10,148,064 | |||
29,241,927 | |||||
141,960,091 | |||||
Industrials – 17.5% | |||||
Aerospace and defense – 3.7% | |||||
Hexcel Corp. | 156,906 | 8,298,758 | |||
L3Harris Technologies, Inc. | 78,780 | 19,249,105 | |||
StandardAero, Inc. (A) | 467,810 | 13,720,867 |
43 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Aerospace and defense (continued) | |||||
Textron, Inc. | 88,280 | $ | 6,535,368 | ||
47,804,098 | |||||
Construction and engineering – 1.5% | |||||
API Group Corp. (A) | 432,609 | 20,189,862 | |||
Electrical equipment – 1.0% | |||||
Sensata Technologies Holding PLC | 476,670 | 12,422,020 | |||
Ground transportation – 2.2% | |||||
Norfolk Southern Corp. | 77,358 | 19,116,709 | |||
Saia, Inc. (A) | 36,489 | 9,648,056 | |||
28,764,765 | |||||
Machinery – 5.4% | |||||
AGCO Corp. | 106,105 | 10,396,168 | |||
Esab Corp. | 81,892 | 10,071,897 | |||
Fortive Corp. | 235,127 | 16,503,564 | |||
RBC Bearings, Inc. (A) | 13,410 | 4,906,317 | |||
Stanley Black & Decker, Inc. | 16,630 | 1,088,101 | |||
The Middleby Corp. (A) | 115,972 | 16,946,988 | |||
The Toro Company | 19,321 | 1,464,145 | |||
Xylem, Inc. | 78,045 | 9,836,792 | |||
71,213,972 | |||||
Passenger airlines – 1.0% | |||||
Southwest Airlines Company | 403,660 | 13,474,171 | |||
Professional services – 2.2% | |||||
First Advantage Corp. (A) | 401,982 | 6,881,932 | |||
SS&C Technologies Holdings, Inc. | 136,522 | 11,032,343 | |||
Verra Mobility Corp. (A) | 438,890 | 10,379,749 | |||
28,294,024 | |||||
Trading companies and distributors – 0.5% | |||||
SiteOne Landscape Supply, Inc. (A) | 57,763 | 6,747,296 | |||
228,910,208 | |||||
Information technology – 8.8% | |||||
Electronic equipment, instruments and components – 4.5% | |||||
CDW Corp. | 42,600 | 7,683,336 | |||
Corning, Inc. | 421,168 | 20,885,721 | |||
Keysight Technologies, Inc. (A) | 121,789 | 19,125,745 | |||
TE Connectivity PLC | 75,457 | 12,078,402 | |||
59,773,204 | |||||
IT services – 0.8% | |||||
GoDaddy, Inc., Class A (A) | 59,079 | 10,761,240 | |||
Semiconductors and semiconductor equipment – 1.5% | |||||
MKS, Inc. | 180,996 | 14,876,061 | |||
Rambus, Inc. (A) | 88,207 | 4,716,428 | |||
19,592,489 | |||||
Software – 0.9% | |||||
DocuSign, Inc. (A) | 126,956 | 11,249,571 | |||
Technology hardware, storage and peripherals – 1.1% | |||||
Sandisk Corp. (A) | 223,630 | 8,428,615 | |||
Western Digital Corp. (A) | 118,549 | 6,111,201 | |||
14,539,816 | |||||
115,916,320 | |||||
Materials – 5.2% | |||||
Chemicals – 0.7% | |||||
DuPont de Nemours, Inc. | 145,551 | 9,722,807 | |||
Construction materials – 0.5% | |||||
Knife River Corp. (A) | 69,151 | 6,507,109 | |||
Containers and packaging – 1.4% | |||||
International Paper Company | 371,793 | 17,775,423 | |||
Metals and mining – 2.0% | |||||
Franco-Nevada Corp. | 111,623 | 18,802,703 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Metals and mining (continued) | |||||
Freeport-McMoRan, Inc. | 206,294 | $ | 7,938,193 | ||
26,740,896 | |||||
Paper and forest products – 0.6% | |||||
Stora Enso OYJ, R Shares | 735,717 | 7,439,403 | |||
68,185,638 | |||||
Real estate – 7.3% | |||||
Industrial REITs – 1.1% | |||||
Lineage, Inc. | 154,017 | 6,574,986 | |||
Rexford Industrial Realty, Inc. | 238,111 | 8,391,032 | |||
14,966,018 | |||||
Office REITs – 0.6% | |||||
Vornado Realty Trust | 213,894 | 8,057,387 | |||
Residential REITs – 3.1% | |||||
Apartment Investment and Management Company, Class A | 904,964 | 7,221,613 | |||
Equity Residential | 202,051 | 14,171,857 | |||
Sun Communities, Inc. | 156,754 | 19,349,714 | |||
40,743,184 | |||||
Retail REITs – 1.1% | |||||
Regency Centers Corp. | 191,382 | 13,808,211 | |||
Specialized REITs – 1.4% | |||||
Rayonier, Inc. | 321,498 | 7,619,503 | |||
Weyerhaeuser Company | 417,997 | 10,830,302 | |||
18,449,805 | |||||
96,024,605 | |||||
Utilities – 6.8% | |||||
Electric utilities – 2.3% | |||||
FirstEnergy Corp. | 341,104 | 14,305,902 | |||
PG&E Corp. | 935,264 | 15,787,256 | |||
30,093,158 | |||||
Multi-utilities – 4.5% | |||||
Ameren Corp. | 174,417 | 16,897,519 | |||
CenterPoint Energy, Inc. | 321,231 | 11,962,642 | |||
Consolidated Edison, Inc. | 112,851 | 11,791,801 | |||
Dominion Energy, Inc. | 319,223 | 18,090,367 | |||
58,742,329 | |||||
88,835,487 | |||||
TOTAL COMMON STOCKS (Cost $1,054,081,251) | $ | 1,238,184,064 | |||
CONVERTIBLE BONDS - 0.1% | |||||
Information technology - 0.1% | |||||
Wolfspeed, Inc. | |||||
0.250%, 02/15/2028 | $ | 2,313,000 | 416,340 | ||
1.875%, 12/01/2029 | 8,093,000 | 1,456,740 | |||
1,873,080 | |||||
TOTAL CONVERTIBLE BONDS (Cost $6,527,459) | $ | 1,873,080 | |||
SHORT-TERM INVESTMENTS – 6.0% | |||||
Short-term funds – 6.0% | |||||
John Hancock Collateral Trust, 4.2439% (C)(D) | 997,271 | 9,975,300 |
44 |
Shares or Principal Amount | Value | ||||
SHORT-TERM INVESTMENTS (continued) | |||||
Short-term funds (continued) | |||||
State Street Institutional U.S. Government Money Market Fund, Premier Class, 4.2490% (C) | 2,007,388 | $ | 2,007,388 | ||
T. Rowe Price Government Reserve Fund, 4.3483% (C) | 67,390,828 | 67,390,828 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $79,373,209) | $ | 79,373,516 | |||
Total Investments (Mid Value Fund) (Cost $1,139,981,919) – 100.5% | $ | 1,319,430,660 | |||
Other assets and liabilities, net – (0.5%) | (7,156,925) | ||||
TOTAL NET ASSETS – 100.0% | $ | 1,312,273,735 |
Security Abbreviations and Legend | |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 5-31-25. The value of securities on loan amounted to $9,747,240. |
(C) | The rate shown is the annualized seven-day yield as of 5-31-25. |
(D) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
Shares or Principal Amount | Value | ||||
COMMON STOCKS – 97.2% | |||||
Communication services – 10.1% | |||||
Diversified telecommunication services – 0.8% | |||||
AT&T, Inc. | 726,232 | $ | 20,189,250 | ||
Verizon Communications, Inc. | 425,957 | 18,725,070 | |||
38,914,320 | |||||
Entertainment – 1.8% | |||||
Electronic Arts, Inc. | 23,996 | 3,450,145 | |||
Live Nation Entertainment, Inc. (A) | 15,865 | 2,176,519 | |||
Netflix, Inc. (A) | 43,276 | 52,244,085 | |||
Take-Two Interactive Software, Inc. (A) | 16,597 | 3,755,569 | |||
The Walt Disney Company | 182,882 | 20,672,981 | |||
TKO Group Holdings, Inc. | 6,741 | 1,063,797 | |||
Warner Brothers Discovery, Inc. (A) | 225,873 | 2,251,954 | |||
85,615,050 | |||||
Interactive media and services – 6.8% | |||||
Alphabet, Inc., Class A | 590,121 | 101,347,381 | |||
Alphabet, Inc., Class C | 478,284 | 82,671,389 | |||
Match Group, Inc. (A) | 25,458 | 762,213 | |||
Meta Platforms, Inc., Class A | 221,551 | 143,452,057 | |||
328,233,040 | |||||
Media – 0.5% | |||||
Charter Communications, Inc., Class A (A) | 9,763 | 3,868,784 | |||
Comcast Corp., Class A | 381,504 | 13,188,593 | |||
Fox Corp., Class A | 22,019 | 1,209,724 | |||
Fox Corp., Class B | 13,348 | 671,137 | |||
News Corp., Class A | 38,316 | 1,082,044 | |||
News Corp., Class B | 11,361 | 371,732 | |||
Omnicom Group, Inc. | 19,890 | 1,460,722 | |||
Paramount Global, Class B (B) | 60,087 | 727,053 | |||
The Interpublic Group of Companies, Inc. | 37,732 | 904,059 | |||
23,483,848 | |||||
Wireless telecommunication services – 0.2% | |||||
T-Mobile US, Inc. | 48,513 | 11,749,849 | |||
487,996,107 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Consumer discretionary – 10.5% | |||||
Automobile components – 0.0% | |||||
Aptiv PLC (A) | 21,871 | $ | 1,461,202 | ||
Automobiles – 2.1% | |||||
Ford Motor Company | 371,776 | 3,859,035 | |||
General Motors Company | 95,015 | 4,713,694 | |||
Tesla, Inc. (A) | 267,167 | 92,562,679 | |||
101,135,408 | |||||
Broadline retail – 3.9% | |||||
Amazon.com, Inc. (A) | 900,480 | 184,607,405 | |||
eBay, Inc. | 45,749 | 3,347,454 | |||
187,954,859 | |||||
Distributors – 0.1% | |||||
Genuine Parts Company | 13,258 | 1,677,402 | |||
LKQ Corp. | 24,848 | 1,005,599 | |||
Pool Corp. | 3,631 | 1,091,442 | |||
3,774,443 | |||||
Hotels, restaurants and leisure – 2.0% | |||||
Airbnb, Inc., Class A (A) | 41,333 | 5,331,957 | |||
Booking Holdings, Inc. | 3,160 | 17,439,819 | |||
Caesars Entertainment, Inc. (A) | 20,327 | 546,390 | |||
Carnival Corp. (A) | 100,055 | 2,323,277 | |||
Chipotle Mexican Grill, Inc. (A) | 129,442 | 6,482,455 | |||
Darden Restaurants, Inc. | 11,194 | 2,397,867 | |||
Domino's Pizza, Inc. | 3,299 | 1,563,132 | |||
DoorDash, Inc., Class A (A) | 32,393 | 6,758,799 | |||
Expedia Group, Inc. | 11,784 | 1,964,982 | |||
Hilton Worldwide Holdings, Inc. | 22,968 | 5,706,170 | |||
Las Vegas Sands Corp. | 32,812 | 1,350,542 | |||
Marriott International, Inc., Class A | 21,848 | 5,764,158 | |||
McDonald's Corp. | 68,412 | 21,471,106 | |||
MGM Resorts International (A) | 21,335 | 675,253 | |||
Norwegian Cruise Line Holdings, Ltd. (A) | 42,092 | 742,924 | |||
Royal Caribbean Cruises, Ltd. | 23,633 | 6,072,972 | |||
Starbucks Corp. | 108,433 | 9,102,950 | |||
Wynn Resorts, Ltd. | 8,525 | 771,854 | |||
Yum! Brands, Inc. | 26,656 | 3,836,865 | |||
100,303,472 | |||||
Household durables – 0.3% | |||||
D.R. Horton, Inc. | 27,064 | 3,195,176 | |||
Garmin, Ltd. | 14,660 | 2,975,540 | |||
Hamilton Beach Brands Holding Company, Class B | 294 | 5,371 | |||
Lennar Corp., Class A | 22,277 | 2,363,144 | |||
Mohawk Industries, Inc. (A) | 5,009 | 503,955 | |||
NVR, Inc. (A) | 282 | 2,006,692 | |||
PulteGroup, Inc. | 19,336 | 1,895,508 | |||
12,945,386 | |||||
Leisure products – 0.0% | |||||
Hasbro, Inc. | 12,488 | 833,074 | |||
Specialty retail – 1.8% | |||||
AutoZone, Inc. (A) | 1,602 | 5,980,330 | |||
Best Buy Company, Inc. | 18,593 | 1,232,344 | |||
CarMax, Inc. (A) | 14,705 | 947,884 | |||
Lowe's Companies, Inc. | 53,900 | 12,166,847 | |||
O'Reilly Automotive, Inc. (A) | 5,489 | 7,506,208 | |||
Ross Stores, Inc. | 31,513 | 4,414,656 | |||
The Home Depot, Inc. | 94,843 | 34,929,728 | |||
The TJX Companies, Inc. | 107,336 | 13,620,938 | |||
Tractor Supply Company | 51,012 | 2,468,981 | |||
Ulta Beauty, Inc. (A) | 4,432 | 2,089,511 |
45 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Specialty retail (continued) | |||||
Williams-Sonoma, Inc. | 11,756 | $ | 1,901,651 | ||
87,259,078 | |||||
Textiles, apparel and luxury goods – 0.3% | |||||
Deckers Outdoor Corp. (A) | 14,492 | 1,529,196 | |||
Lululemon Athletica, Inc. (A) | 10,692 | 3,385,836 | |||
NIKE, Inc., Class B | 112,779 | 6,833,280 | |||
Ralph Lauren Corp. | 3,800 | 1,051,878 | |||
Tapestry, Inc. | 19,790 | 1,554,505 | |||
14,354,695 | |||||
510,021,617 | |||||
Consumer staples – 5.7% | |||||
Beverages – 1.1% | |||||
Brown-Forman Corp., Class B | 17,101 | 570,147 | |||
Constellation Brands, Inc., Class A | 14,592 | 2,601,608 | |||
Keurig Dr. Pepper, Inc. | 112,038 | 3,772,319 | |||
Molson Coors Beverage Company, Class B | 16,162 | 866,122 | |||
Monster Beverage Corp. (A) | 65,755 | 4,205,032 | |||
PepsiCo, Inc. | 128,742 | 16,923,136 | |||
The Coca-Cola Company | 363,447 | 26,204,529 | |||
55,142,893 | |||||
Consumer staples distribution and retail – 2.1% | |||||
Costco Wholesale Corp. | 41,670 | 43,344,301 | |||
Dollar General Corp. | 20,673 | 2,010,449 | |||
Dollar Tree, Inc. (A) | 18,967 | 1,711,961 | |||
Sysco Corp. | 45,955 | 3,354,715 | |||
Target Corp. | 43,020 | 4,044,310 | |||
The Kroger Company | 62,482 | 4,263,147 | |||
Walgreens Boots Alliance, Inc. | 67,283 | 756,934 | |||
Walmart, Inc. | 407,216 | 40,200,364 | |||
99,686,181 | |||||
Food products – 0.6% | |||||
Archer-Daniels-Midland Company | 44,897 | 2,167,178 | |||
Bunge Global SA | 12,520 | 978,438 | |||
Conagra Brands, Inc. | 44,808 | 1,025,655 | |||
General Mills, Inc. | 51,737 | 2,807,250 | |||
Hormel Foods Corp. | 27,362 | 839,466 | |||
Kellanova | 25,256 | 2,086,903 | |||
Lamb Weston Holdings, Inc. | 13,391 | 746,950 | |||
McCormick & Company, Inc. | 23,721 | 1,725,228 | |||
Mondelez International, Inc., Class A | 121,449 | 8,196,593 | |||
The Campbell's Company | 18,439 | 627,664 | |||
The Hershey Company | 13,869 | 2,228,610 | |||
The J.M. Smucker Company | 9,999 | 1,125,987 | |||
The Kraft Heinz Company | 81,918 | 2,189,668 | |||
Tyson Foods, Inc., Class A | 26,876 | 1,509,356 | |||
28,254,946 | |||||
Household products – 1.1% | |||||
Church & Dwight Company, Inc. | 23,086 | 2,269,585 | |||
Colgate-Palmolive Company | 76,182 | 7,080,355 | |||
Kimberly-Clark Corp. | 31,152 | 4,478,412 | |||
The Clorox Company | 11,567 | 1,525,456 | |||
The Procter & Gamble Company | 220,130 | 37,397,886 | |||
52,751,694 | |||||
Personal care products – 0.1% | |||||
Kenvue, Inc. | 180,061 | 4,298,056 | |||
The Estee Lauder Companies, Inc., Class A | 22,014 | 1,473,617 | |||
5,771,673 | |||||
Tobacco – 0.7% | |||||
Altria Group, Inc. | 159,100 | 9,643,051 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Tobacco (continued) | |||||
Philip Morris International, Inc. | 145,973 | $ | 26,361,264 | ||
36,004,315 | |||||
277,611,702 | |||||
Energy – 2.8% | |||||
Energy equipment and services – 0.2% | |||||
Baker Hughes Company | 87,864 | 3,255,361 | |||
Halliburton Company | 77,047 | 1,509,351 | |||
Schlumberger, Ltd. | 124,359 | 4,110,065 | |||
8,874,777 | |||||
Oil, gas and consumable fuels – 2.6% | |||||
APA Corp. | 32,916 | 559,901 | |||
Chevron Corp. | 148,337 | 20,277,668 | |||
ConocoPhillips | 113,245 | 9,665,461 | |||
Coterra Energy, Inc. | 65,369 | 1,589,120 | |||
Devon Energy Corp. | 58,304 | 1,764,279 | |||
Diamondback Energy, Inc. | 16,585 | 2,231,512 | |||
EOG Resources, Inc. | 49,920 | 5,419,814 | |||
EQT Corp. | 52,936 | 2,918,362 | |||
Expand Energy Corp. | 18,664 | 2,167,450 | |||
Exxon Mobil Corp. | 386,317 | 39,520,229 | |||
Hess Corp. | 24,530 | 3,242,621 | |||
Kinder Morgan, Inc. | 171,518 | 4,809,365 | |||
Marathon Petroleum Corp. | 28,057 | 4,509,882 | |||
Occidental Petroleum Corp. | 59,990 | 2,446,392 | |||
ONEOK, Inc. | 55,060 | 4,451,050 | |||
Phillips 66 | 36,666 | 4,160,858 | |||
Targa Resources Corp. | 19,352 | 3,056,261 | |||
Texas Pacific Land Corp. | 1,671 | 1,861,544 | |||
The Williams Companies, Inc. | 108,178 | 6,545,851 | |||
Valero Energy Corp. | 28,094 | 3,623,283 | |||
124,820,903 | |||||
133,695,680 | |||||
Financials – 13.9% | |||||
Banks – 3.4% | |||||
Bank of America Corp. | 622,951 | 27,490,828 | |||
Citigroup, Inc. | 176,604 | 13,301,813 | |||
Citizens Financial Group, Inc. | 41,145 | 1,660,201 | |||
Fifth Third Bancorp | 62,975 | 2,405,015 | |||
Huntington Bancshares, Inc. | 136,638 | 2,135,652 | |||
JPMorgan Chase & Co. | 263,056 | 69,446,784 | |||
KeyCorp | 93,820 | 1,487,985 | |||
M&T Bank Corp. | 15,608 | 2,850,645 | |||
Regions Financial Corp. | 85,437 | 1,831,769 | |||
The PNC Financial Services Group, Inc. | 37,254 | 6,475,118 | |||
Truist Financial Corp. | 123,798 | 4,890,021 | |||
U.S. Bancorp | 146,732 | 6,396,048 | |||
Wells Fargo & Company | 309,413 | 23,137,904 | |||
163,509,783 | |||||
Capital markets – 3.2% | |||||
Ameriprise Financial, Inc. | 9,054 | 4,610,659 | |||
BlackRock, Inc. | 13,700 | 13,424,493 | |||
Cboe Global Markets, Inc. | 9,850 | 2,256,832 | |||
CME Group, Inc. | 33,902 | 9,797,678 | |||
Coinbase Global, Inc., Class A (A) | 19,775 | 4,876,911 | |||
FactSet Research Systems, Inc. | 3,573 | 1,637,363 | |||
Franklin Resources, Inc. | 29,260 | 633,186 | |||
Intercontinental Exchange, Inc. | 54,047 | 9,717,651 | |||
Invesco, Ltd. | 42,213 | 610,400 | |||
KKR & Company, Inc. | 63,521 | 7,715,261 | |||
MarketAxess Holdings, Inc. | 3,555 | 769,338 | |||
Moody's Corp. | 14,560 | 6,978,899 | |||
Morgan Stanley | 116,416 | 14,904,740 | |||
MSCI, Inc. | 7,303 | 4,119,038 |
46 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Capital markets (continued) | |||||
Nasdaq, Inc. | 38,929 | $ | 3,252,129 | ||
Northern Trust Corp. | 18,457 | 1,970,100 | |||
Raymond James Financial, Inc. | 17,360 | 2,551,573 | |||
S&P Global, Inc. | 29,634 | 15,198,093 | |||
State Street Corp. | 27,162 | 2,615,157 | |||
T. Rowe Price Group, Inc. | 20,963 | 1,961,927 | |||
The Bank of New York Mellon Corp. | 67,536 | 5,984,365 | |||
The Blackstone Group, Inc. | 68,861 | 9,555,152 | |||
The Charles Schwab Corp. | 160,306 | 14,161,432 | |||
The Goldman Sachs Group, Inc. | 29,354 | 17,625,609 | |||
156,927,986 | |||||
Consumer finance – 0.6% | |||||
American Express Company | 52,212 | 15,352,939 | |||
Capital One Financial Corp. | 59,919 | 11,333,679 | |||
Synchrony Financial | 36,559 | 2,107,626 | |||
28,794,244 | |||||
Financial services – 4.5% | |||||
Apollo Global Management, Inc. | 42,064 | 5,497,344 | |||
Berkshire Hathaway, Inc., Class B (A) | 172,442 | 86,903,870 | |||
Corpay, Inc. (A) | 6,560 | 2,132,722 | |||
Fidelity National Information Services, Inc. | 49,826 | 3,966,648 | |||
Fiserv, Inc. (A) | 53,525 | 8,713,335 | |||
Global Payments, Inc. | 23,286 | 1,760,654 | |||
Jack Henry & Associates, Inc. | 6,855 | 1,241,920 | |||
Mastercard, Inc., Class A | 76,619 | 44,868,086 | |||
PayPal Holdings, Inc. (A) | 93,071 | 6,541,030 | |||
Visa, Inc., Class A | 162,137 | 59,210,811 | |||
220,836,420 | |||||
Insurance – 2.2% | |||||
Aflac, Inc. | 46,587 | 4,823,618 | |||
American International Group, Inc. | 55,817 | 4,724,351 | |||
Aon PLC, Class A | 20,346 | 7,570,340 | |||
Arch Capital Group, Ltd. | 35,260 | 3,351,110 | |||
Arthur J. Gallagher & Company | 23,928 | 8,313,544 | |||
Assurant, Inc. | 4,827 | 979,784 | |||
Brown & Brown, Inc. | 22,326 | 2,520,605 | |||
Chubb, Ltd. | 35,066 | 10,421,615 | |||
Cincinnati Financial Corp. | 14,706 | 2,217,959 | |||
Erie Indemnity Company, Class A | 2,342 | 839,630 | |||
Everest Group, Ltd. | 4,045 | 1,404,384 | |||
Globe Life, Inc. | 7,892 | 961,798 | |||
Loews Corp. | 16,606 | 1,482,750 | |||
Marsh & McLennan Companies, Inc. | 46,203 | 10,795,793 | |||
MetLife, Inc. | 54,466 | 4,279,938 | |||
Principal Financial Group, Inc. | 19,799 | 1,542,144 | |||
Prudential Financial, Inc. | 33,324 | 3,462,030 | |||
The Allstate Corp. | 24,939 | 5,233,948 | |||
The Hartford Insurance Group, Inc. | 27,059 | 3,513,341 | |||
The Progressive Corp. | 55,115 | 15,703,917 | |||
The Travelers Companies, Inc. | 21,334 | 5,881,784 | |||
W.R. Berkley Corp. | 28,222 | 2,107,901 | |||
Willis Towers Watson PLC | 9,394 | 2,973,671 | |||
105,105,955 | |||||
675,174,388 | |||||
Health care – 9.2% | |||||
Biotechnology – 1.6% | |||||
AbbVie, Inc. | 163,218 | 30,376,502 | |||
Amgen, Inc. | 49,672 | 14,314,477 | |||
Biogen, Inc. (A) | 13,521 | 1,754,891 | |||
Gilead Sciences, Inc. | 115,215 | 12,682,867 | |||
Incyte Corp. (A) | 14,869 | 967,377 | |||
Moderna, Inc. (A) | 31,243 | 829,814 | |||
Regeneron Pharmaceuticals, Inc. | 9,732 | 4,771,405 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Biotechnology (continued) | |||||
Vertex Pharmaceuticals, Inc. (A) | 23,745 | $ | 10,496,477 | ||
76,193,810 | |||||
Health care equipment and supplies – 2.3% | |||||
Abbott Laboratories | 160,347 | 21,419,152 | |||
ABIOMED, Inc. (A)(C) | 6,547 | 101,609 | |||
Align Technology, Inc. (A) | 6,477 | 1,171,948 | |||
Baxter International, Inc. | 47,144 | 1,437,892 | |||
Becton, Dickinson and Company | 26,551 | 4,582,437 | |||
Boston Scientific Corp. (A) | 136,245 | 14,341,149 | |||
DexCom, Inc. (A) | 36,147 | 3,101,413 | |||
Edwards Lifesciences Corp. (A) | 54,552 | 4,267,057 | |||
GE HealthCare Technologies, Inc. | 42,286 | 2,982,854 | |||
Hologic, Inc. (A) | 20,761 | 1,290,711 | |||
IDEXX Laboratories, Inc. (A) | 7,574 | 3,888,189 | |||
Insulet Corp. (A) | 6,490 | 2,109,445 | |||
Intuitive Surgical, Inc. (A) | 32,972 | 18,211,754 | |||
Medtronic PLC | 118,567 | 9,838,690 | |||
ResMed, Inc. | 13,573 | 3,322,535 | |||
Solventum Corp. (A) | 12,786 | 934,529 | |||
STERIS PLC | 9,090 | 2,228,959 | |||
Stryker Corp. | 31,752 | 12,149,585 | |||
The Cooper Companies, Inc. (A) | 18,429 | 1,258,332 | |||
Zimmer Biomet Holdings, Inc. | 18,400 | 1,695,928 | |||
110,334,168 | |||||
Health care providers and services – 1.7% | |||||
Cardinal Health, Inc. | 22,318 | 3,446,792 | |||
Cencora, Inc. | 15,960 | 4,648,190 | |||
Centene Corp. (A) | 45,886 | 2,589,806 | |||
CVS Health Corp. | 116,533 | 7,462,773 | |||
DaVita, Inc. (A) | 4,071 | 554,714 | |||
Elevance Health, Inc. | 21,440 | 8,229,530 | |||
HCA Healthcare, Inc. | 16,525 | 6,302,470 | |||
Henry Schein, Inc. (A) | 11,560 | 809,084 | |||
Humana, Inc. | 11,161 | 2,601,964 | |||
Labcorp Holdings, Inc. | 7,704 | 1,918,065 | |||
McKesson Corp. | 11,589 | 8,338,401 | |||
Molina Healthcare, Inc. (A) | 5,132 | 1,565,465 | |||
Quest Diagnostics, Inc. | 10,268 | 1,779,855 | |||
The Cigna Group | 25,320 | 8,017,325 | |||
UnitedHealth Group, Inc. | 85,084 | 25,687,710 | |||
Universal Health Services, Inc., Class B | 5,431 | 1,033,791 | |||
84,985,935 | |||||
Life sciences tools and services – 0.8% | |||||
Agilent Technologies, Inc. | 26,374 | 2,951,778 | |||
Bio-Techne Corp. | 14,594 | 706,350 | |||
Charles River Laboratories International, Inc. (A) | 4,734 | 642,072 | |||
Danaher Corp. | 59,161 | 11,234,674 | |||
IQVIA Holdings, Inc. (A) | 15,472 | 2,171,186 | |||
Mettler-Toledo International, Inc. (A) | 1,936 | 2,237,087 | |||
Revvity, Inc. | 11,254 | 1,017,587 | |||
Thermo Fisher Scientific, Inc. | 35,363 | 14,244,924 | |||
Waters Corp. (A) | 5,490 | 1,917,328 | |||
West Pharmaceutical Services, Inc. | 6,692 | 1,411,008 | |||
38,533,994 | |||||
Pharmaceuticals – 2.8% | |||||
Bristol-Myers Squibb Company | 187,613 | 9,057,956 | |||
Eli Lilly & Company | 72,845 | 53,735,571 | |||
Johnson & Johnson | 222,595 | 34,548,970 | |||
Merck & Company, Inc. | 233,847 | 17,968,803 | |||
Pfizer, Inc. | 523,949 | 12,307,562 | |||
Viatris, Inc. | 110,503 | 971,321 |
47 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Pharmaceuticals (continued) | |||||
Zoetis, Inc. | 41,388 | $ | 6,979,258 | ||
135,569,441 | |||||
445,617,348 | |||||
Industrials – 8.2% | |||||
Aerospace and defense – 2.1% | |||||
Axon Enterprise, Inc. (A) | 6,577 | 4,935,118 | |||
General Dynamics Corp. | 23,025 | 6,412,232 | |||
General Electric Company | 97,395 | 23,950,404 | |||
Howmet Aerospace, Inc. | 36,750 | 6,243,458 | |||
Huntington Ingalls Industries, Inc. | 3,546 | 790,971 | |||
L3Harris Technologies, Inc. | 17,086 | 4,174,793 | |||
Lockheed Martin Corp. | 19,014 | 9,171,973 | |||
Northrop Grumman Corp. | 12,349 | 5,986,425 | |||
RTX Corp. | 120,889 | 16,498,931 | |||
Textron, Inc. | 16,566 | 1,226,381 | |||
The Boeing Company (A) | 68,072 | 14,112,687 | |||
TransDigm Group, Inc. | 5,088 | 7,471,372 | |||
100,974,745 | |||||
Air freight and logistics – 0.3% | |||||
CH Robinson Worldwide, Inc. | 10,760 | 1,032,637 | |||
Expeditors International of Washington, Inc. | 12,712 | 1,433,024 | |||
FedEx Corp. | 20,108 | 4,385,555 | |||
United Parcel Service, Inc., Class B | 66,363 | 6,473,047 | |||
13,324,263 | |||||
Building products – 0.5% | |||||
A.O. Smith Corp. | 10,743 | 690,882 | |||
Allegion PLC | 7,881 | 1,124,619 | |||
Builders FirstSource, Inc. (A) | 10,430 | 1,123,102 | |||
Carrier Global Corp. | 73,282 | 5,217,678 | |||
Johnson Controls International PLC | 59,890 | 6,071,049 | |||
Lennox International, Inc. | 2,904 | 1,639,163 | |||
Masco Corp. | 19,259 | 1,202,147 | |||
Trane Technologies PLC | 20,353 | 8,757,285 | |||
25,825,925 | |||||
Commercial services and supplies – 0.6% | |||||
Cintas Corp. | 31,140 | 7,053,210 | |||
Copart, Inc. (A) | 79,592 | 4,097,396 | |||
Republic Services, Inc. | 18,419 | 4,739,025 | |||
Rollins, Inc. | 25,455 | 1,457,299 | |||
Veralto Corp. | 22,453 | 2,268,427 | |||
Waste Management, Inc. | 33,143 | 7,986,469 | |||
27,601,826 | |||||
Construction and engineering – 0.1% | |||||
Quanta Services, Inc. | 13,393 | 4,587,906 | |||
Electrical equipment – 0.8% | |||||
AMETEK, Inc. | 20,996 | 3,752,825 | |||
Eaton Corp. PLC | 35,861 | 11,482,692 | |||
Emerson Electric Company | 51,159 | 6,107,361 | |||
GE Vernova, Inc. | 25,039 | 11,842,946 | |||
Generac Holdings, Inc. (A) | 5,398 | 659,258 | |||
Hubbell, Inc. | 4,872 | 1,898,034 | |||
Rockwell Automation, Inc. | 10,258 | 3,236,912 | |||
38,980,028 | |||||
Ground transportation – 0.9% | |||||
CSX Corp. | 174,961 | 5,527,018 | |||
JB Hunt Transport Services, Inc. | 7,206 | 1,000,553 | |||
Norfolk Southern Corp. | 20,552 | 5,078,810 | |||
Old Dominion Freight Line, Inc. | 17,038 | 2,728,976 | |||
Uber Technologies, Inc. (A) | 189,569 | 15,954,127 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Ground transportation (continued) | |||||
Union Pacific Corp. | 54,849 | $ | 12,157,829 | ||
42,447,313 | |||||
Industrial conglomerates – 0.4% | |||||
3M Company | 49,274 | 7,309,798 | |||
Honeywell International, Inc. | 59,011 | 13,376,023 | |||
20,685,821 | |||||
Machinery – 1.5% | |||||
Caterpillar, Inc. | 43,375 | 15,095,801 | |||
Cummins, Inc. | 12,480 | 4,012,070 | |||
Deere & Company | 22,987 | 11,637,399 | |||
Dover Corp. | 12,454 | 2,213,699 | |||
Fortive Corp. | 30,954 | 2,172,661 | |||
IDEX Corp. | 6,878 | 1,244,299 | |||
Illinois Tool Works, Inc. | 24,239 | 5,940,494 | |||
Ingersoll Rand, Inc. | 36,591 | 2,987,289 | |||
Nordson Corp. | 4,926 | 1,044,263 | |||
Otis Worldwide Corp. | 35,995 | 3,432,123 | |||
PACCAR, Inc. | 47,600 | 4,467,260 | |||
Parker-Hannifin Corp. | 11,686 | 7,767,684 | |||
Pentair PLC | 14,974 | 1,485,121 | |||
Snap-on, Inc. | 4,748 | 1,522,921 | |||
Stanley Black & Decker, Inc. | 14,009 | 916,609 | |||
Wabtec Corp. | 15,503 | 3,136,567 | |||
Xylem, Inc. | 22,061 | 2,780,568 | |||
71,856,828 | |||||
Passenger airlines – 0.1% | |||||
Delta Air Lines, Inc. | 58,248 | 2,818,621 | |||
Southwest Airlines Company | 53,826 | 1,796,712 | |||
United Airlines Holdings, Inc. (A) | 29,821 | 2,369,129 | |||
6,984,462 | |||||
Professional services – 0.6% | |||||
Amentum Holdings, Inc. (A) | 703 | 14,518 | |||
Automatic Data Processing, Inc. | 36,929 | 12,021,497 | |||
Broadridge Financial Solutions, Inc. | 10,614 | 2,577,398 | |||
Dayforce, Inc. (A) | 14,414 | 851,579 | |||
Equifax, Inc. | 11,254 | 2,973,194 | |||
Jacobs Solutions, Inc. | 11,137 | 1,406,603 | |||
Leidos Holdings, Inc. | 11,895 | 1,766,645 | |||
Paychex, Inc. | 29,099 | 4,595,023 | |||
Paycom Software, Inc. | 4,264 | 1,104,760 | |||
Verisk Analytics, Inc. | 12,815 | 4,025,704 | |||
31,336,921 | |||||
Trading companies and distributors – 0.3% | |||||
Fastenal Company | 104,050 | 4,301,427 | |||
United Rentals, Inc. | 5,930 | 4,200,693 | |||
W.W. Grainger, Inc. | 4,022 | 4,374,166 | |||
12,876,286 | |||||
397,482,324 | |||||
Information technology – 31.3% | |||||
Communications equipment – 0.9% | |||||
Arista Networks, Inc. (A) | 99,166 | 8,591,742 | |||
Cisco Systems, Inc. | 382,355 | 24,103,659 | |||
F5, Inc. (A) | 5,527 | 1,577,295 | |||
Juniper Networks, Inc. | 31,815 | 1,143,113 | |||
Motorola Solutions, Inc. | 16,048 | 6,666,018 | |||
42,081,827 | |||||
Electronic equipment, instruments and components – 0.6% | |||||
Amphenol Corp., Class A | 116,238 | 10,453,283 | |||
CDW Corp. | 12,788 | 2,306,444 | |||
Corning, Inc. | 74,023 | 3,670,801 | |||
Jabil, Inc. | 10,507 | 1,765,281 | |||
Keysight Technologies, Inc. (A) | 16,594 | 2,605,922 |
48 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Electronic equipment, instruments and components (continued) | |||||
TE Connectivity PLC | 28,632 | $ | 4,583,124 | ||
Teledyne Technologies, Inc. (A) | 4,470 | 2,229,904 | |||
Trimble, Inc. (A) | 23,567 | 1,679,620 | |||
Zebra Technologies Corp., Class A (A) | 4,927 | 1,427,697 | |||
30,722,076 | |||||
IT services – 1.1% | |||||
Accenture PLC, Class A | 60,050 | 19,025,041 | |||
Akamai Technologies, Inc. (A) | 14,445 | 1,096,809 | |||
Cognizant Technology Solutions Corp., Class A | 47,515 | 3,848,240 | |||
EPAM Systems, Inc. (A) | 5,453 | 951,494 | |||
Gartner, Inc. (A) | 7,374 | 3,218,161 | |||
GoDaddy, Inc., Class A (A) | 13,567 | 2,471,229 | |||
IBM Corp. | 88,774 | 22,997,792 | |||
VeriSign, Inc. | 7,812 | 2,128,536 | |||
55,737,302 | |||||
Semiconductors and semiconductor equipment – 11.4% | |||||
Advanced Micro Devices, Inc. (A) | 155,561 | 17,225,270 | |||
Analog Devices, Inc. | 47,617 | 10,189,086 | |||
Applied Materials, Inc. | 78,029 | 12,231,046 | |||
Broadcom, Inc. | 450,016 | 108,935,373 | |||
Enphase Energy, Inc. (A) | 12,711 | 526,108 | |||
First Solar, Inc. (A) | 10,265 | 1,622,691 | |||
Intel Corp. | 415,717 | 8,127,267 | |||
KLA Corp. | 12,760 | 9,657,789 | |||
Lam Research Corp. | 123,248 | 9,957,206 | |||
Microchip Technology, Inc. | 51,627 | 2,996,431 | |||
Micron Technology, Inc. | 106,984 | 10,105,709 | |||
Monolithic Power Systems, Inc. | 4,592 | 3,039,445 | |||
NVIDIA Corp. | 2,351,210 | 317,719,007 | |||
NXP Semiconductors NV | 24,403 | 4,664,145 | |||
ON Semiconductor Corp. (A) | 40,485 | 1,701,180 | |||
Qualcomm, Inc. | 106,185 | 15,418,062 | |||
Skyworks Solutions, Inc. | 15,435 | 1,065,478 | |||
Teradyne, Inc. | 15,645 | 1,229,697 | |||
Texas Instruments, Inc. | 87,403 | 15,981,639 | |||
552,392,629 | |||||
Software – 11.0% | |||||
Adobe, Inc. (A) | 41,794 | 17,348,271 | |||
ANSYS, Inc. (A) | 8,396 | 2,777,565 | |||
Autodesk, Inc. (A) | 20,646 | 6,113,694 | |||
Cadence Design Systems, Inc. (A) | 26,327 | 7,557,692 | |||
Crowdstrike Holdings, Inc., Class A (A) | 23,648 | 11,146,958 | |||
Fair Isaac Corp. (A) | 2,344 | 4,046,400 | |||
Fortinet, Inc. (A) | 61,070 | 6,215,705 | |||
Gen Digital, Inc. | 52,021 | 1,481,558 | |||
Intuit, Inc. | 26,871 | 20,246,492 | |||
Microsoft Corp. | 713,714 | 328,565,379 | |||
Oracle Corp. | 155,751 | 25,781,463 | |||
Palantir Technologies, Inc., Class A (A) | 196,778 | 25,931,405 | |||
Palo Alto Networks, Inc. (A) | 63,556 | 12,229,446 | |||
PTC, Inc. (A) | 11,559 | 1,945,611 | |||
Roper Technologies, Inc. | 10,292 | 5,869,219 | |||
Salesforce, Inc. | 91,876 | 24,381,134 | |||
ServiceNow, Inc. (A) | 19,777 | 19,996,327 | |||
Synopsys, Inc. (A) | 14,843 | 6,886,855 | |||
Tyler Technologies, Inc. (A) | 4,109 | 2,370,852 | |||
Workday, Inc., Class A (A) | 20,549 | 5,090,193 | |||
535,982,219 | |||||
Technology hardware, storage and peripherals – 6.3% | |||||
Apple, Inc. | 1,442,214 | 289,668,682 | |||
Dell Technologies, Inc., Class C | 29,931 | 3,330,422 | |||
Hewlett Packard Enterprise Company | 125,981 | 2,176,952 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Technology hardware, storage and peripherals (continued) | |||||
HP, Inc. | 90,044 | $ | 2,242,096 | ||
NetApp, Inc. | 19,522 | 1,935,802 | |||
Seagate Technology Holdings PLC | 20,320 | 2,396,541 | |||
Super Micro Computer, Inc. (A) | 48,376 | 1,936,008 | |||
Western Digital Corp. (A) | 33,380 | 1,720,739 | |||
305,407,242 | |||||
1,522,323,295 | |||||
Materials – 0.9% | |||||
Chemicals – 0.6% | |||||
Air Products & Chemicals, Inc. | 10,323 | 2,879,188 | |||
Albemarle Corp. | 5,440 | 303,334 | |||
CF Industries Holdings, Inc. | 8,069 | 731,939 | |||
Corteva, Inc. | 31,799 | 2,251,369 | |||
Dow, Inc. | 32,696 | 906,987 | |||
DuPont de Nemours, Inc. | 19,404 | 1,296,187 | |||
Eastman Chemical Company | 5,353 | 419,515 | |||
Ecolab, Inc. | 11,698 | 3,107,223 | |||
International Flavors & Fragrances, Inc. | 11,878 | 909,380 | |||
Linde PLC | 22,100 | 10,333,518 | |||
LyondellBasell Industries NV, Class A | 12,033 | 679,744 | |||
PPG Industries, Inc. | 10,777 | 1,194,092 | |||
The Mosaic Company | 14,783 | 534,258 | |||
The Sherwin-Williams Company | 10,756 | 3,859,360 | |||
29,406,094 | |||||
Construction materials – 0.1% | |||||
Martin Marietta Materials, Inc. | 2,840 | 1,555,042 | |||
Vulcan Materials Company | 6,132 | 1,625,409 | |||
3,180,451 | |||||
Containers and packaging – 0.1% | |||||
Amcor PLC | 67,009 | 610,452 | |||
Avery Dennison Corp. | 3,728 | 662,577 | |||
Ball Corp. | 13,865 | 742,887 | |||
International Paper Company | 24,445 | 1,168,715 | |||
Packaging Corp. of America | 4,140 | 799,724 | |||
Smurfit WestRock PLC | 22,970 | 995,290 | |||
4,979,645 | |||||
Metals and mining – 0.1% | |||||
Freeport-McMoRan, Inc. | 66,720 | 2,567,386 | |||
Newmont Corp. | 52,817 | 2,784,512 | |||
Nucor Corp. | 10,889 | 1,190,821 | |||
Steel Dynamics, Inc. | 6,582 | 810,047 | |||
7,352,766 | |||||
44,918,956 | |||||
Real estate – 2.0% | |||||
Health care REITs – 0.3% | |||||
Alexandria Real Estate Equities, Inc. | 14,098 | 989,539 | |||
Healthpeak Properties, Inc. | 64,119 | 1,116,312 | |||
Ventas, Inc. | 40,012 | 2,571,971 | |||
Welltower, Inc. | 55,802 | 8,609,133 | |||
13,286,955 | |||||
Hotel and resort REITs – 0.0% | |||||
Host Hotels & Resorts, Inc. | 64,150 | 993,684 | |||
Industrial REITs – 0.2% | |||||
Prologis, Inc. | 84,889 | 9,218,945 | |||
Office REITs – 0.0% | |||||
BXP, Inc. | 13,354 | 899,125 | |||
Real estate management and development – 0.1% | |||||
CBRE Group, Inc., Class A (A) | 27,073 | 3,384,666 |
49 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Real estate management and development (continued) | |||||
CoStar Group, Inc. (A) | 38,604 | $ | 2,839,710 | ||
6,224,376 | |||||
Residential REITs – 0.3% | |||||
AvalonBay Communities, Inc. | 13,005 | 2,689,044 | |||
Camden Property Trust | 9,776 | 1,148,582 | |||
Equity Residential | 31,294 | 2,194,961 | |||
Essex Property Trust, Inc. | 5,879 | 1,669,048 | |||
Invitation Homes, Inc. | 52,219 | 1,759,780 | |||
Mid-America Apartment Communities, Inc. | 10,720 | 1,679,288 | |||
UDR, Inc. | 27,561 | 1,141,852 | |||
12,282,555 | |||||
Retail REITs – 0.2% | |||||
Federal Realty Investment Trust | 7,060 | 674,089 | |||
Kimco Realty Corp. | 62,272 | 1,323,903 | |||
Realty Income Corp. | 80,124 | 4,536,621 | |||
Regency Centers Corp. | 14,972 | 1,080,230 | |||
Simon Property Group, Inc. | 28,078 | 4,578,679 | |||
12,193,522 | |||||
Specialized REITs – 0.9% | |||||
American Tower Corp. | 42,780 | 9,182,727 | |||
Crown Castle, Inc. | 39,794 | 3,993,328 | |||
Digital Realty Trust, Inc. | 28,985 | 4,971,507 | |||
Equinix, Inc. | 8,916 | 7,924,719 | |||
Extra Space Storage, Inc. | 19,423 | 2,935,786 | |||
Iron Mountain, Inc. | 26,916 | 2,656,878 | |||
Public Storage | 14,431 | 4,450,665 | |||
SBA Communications Corp. | 9,839 | 2,281,566 | |||
VICI Properties, Inc. | 96,482 | 3,059,444 | |||
Weyerhaeuser Company | 66,403 | 1,720,502 | |||
43,177,122 | |||||
98,276,284 | |||||
Utilities – 2.6% | |||||
Electric utilities – 1.7% | |||||
Alliant Energy Corp. | 25,970 | 1,616,113 | |||
American Electric Power Company, Inc. | 53,979 | 5,586,287 | |||
Constellation Energy Corp. | 31,667 | 9,694,852 | |||
Duke Energy Corp. | 78,556 | 9,247,612 | |||
Edison International | 39,168 | 2,179,699 | |||
Entergy Corp. | 43,431 | 3,616,934 | |||
Evergy, Inc. | 23,300 | 1,547,353 | |||
Eversource Energy | 37,115 | 2,405,423 | |||
Exelon Corp. | 101,736 | 4,458,072 | |||
FirstEnergy Corp. | 51,915 | 2,177,315 | |||
NextEra Energy, Inc. | 208,235 | 14,709,720 | |||
NRG Energy, Inc. | 20,500 | 3,195,950 | |||
PG&E Corp. | 222,087 | 3,748,829 | |||
Pinnacle West Capital Corp. | 11,532 | 1,052,064 | |||
PPL Corp. | 74,786 | 2,598,814 |
Shares or Principal Amount | Value | ||||
COMMON STOCKS (continued) | |||||
Electric utilities (continued) | |||||
The Southern Company | 110,932 | $ | 9,983,880 | ||
Xcel Energy, Inc. | 58,168 | 4,077,577 | |||
81,896,494 | |||||
Gas utilities – 0.0% | |||||
Atmos Energy Corp. | 16,076 | 2,486,636 | |||
Independent power and renewable electricity producers – 0.1% | |||||
The AES Corp. | 71,831 | 724,775 | |||
Vistra Corp. | 34,446 | 5,530,994 | |||
6,255,769 | |||||
Multi-utilities – 0.7% | |||||
Ameren Corp. | 27,339 | 2,648,602 | |||
CenterPoint Energy, Inc. | 65,981 | 2,457,132 | |||
CMS Energy Corp. | 30,251 | 2,124,528 | |||
Consolidated Edison, Inc. | 35,065 | 3,663,942 | |||
Dominion Energy, Inc. | 85,058 | 4,820,237 | |||
DTE Energy Company | 20,994 | 2,868,830 | |||
NiSource, Inc. | 47,587 | 1,881,590 | |||
Public Service Enterprise Group, Inc. | 50,419 | 4,085,452 | |||
Sempra | 64,154 | 5,041,863 | |||
WEC Energy Group, Inc. | 32,141 | 3,453,229 | |||
33,045,405 | |||||
Water utilities – 0.1% | |||||
American Water Works Company, Inc. | 19,723 | 2,819,797 | |||
126,504,101 | |||||
TOTAL COMMON STOCKS (Cost $3,598,416,432) | $ | 4,719,621,802 | |||
SHORT-TERM INVESTMENTS – 2.5% | |||||
Short-term funds – 2.5% | |||||
John Hancock Collateral Trust, 4.2439% (D)(E) | 12,329,340 | 123,325,455 | |||
TOTAL SHORT-TERM INVESTMENTS (Cost $123,315,488) | $ | 123,325,455 | |||
Total Investments (U.S. Sector Rotation Fund) (Cost $3,721,731,920) – 99.7% | $ | 4,842,947,257 | |||
Other assets and liabilities, net – 0.3% | 15,653,062 | ||||
TOTAL NET ASSETS – 100.0% | $ | 4,858,600,319 |
Security Abbreviations and Legend | |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 5-31-25. The value of securities on loan amounted to $624,834. |
(C) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(D) | The rate shown is the annualized seven-day yield as of 5-31-25. |
(E) | Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $641,155. |
Open contracts | Number of contracts | Position | Expiration date | Notional basis^ | Notional value^ | Unrealized appreciation (depreciation) |
S&P 500 E-Mini Index Futures | 472 | Long | Jun 2025 | $135,933,194 | $139,617,600 | $3,684,406 |
$3,684,406 |
50 |
United States | 87.5% |
Ireland | 3.1% |
United Kingdom | 2.5% |
Canada | 2.1% |
Bermuda | 1.8% |
Puerto Rico | 1.2% |
Other countries | 1.8% |
TOTAL | 100.0% |
Financials | 24.2% |
Industrials | 13.8% |
Information technology | 12.1% |
Consumer discretionary | 10.1% |
Health care | 7.6% |
Consumer staples | 6.6% |
Communication services | 6.0% |
Materials | 5.8% |
Energy | 4.3% |
Utilities | 3.1% |
Real estate | 1.6% |
Short-term investments and other | 4.8% |
TOTAL | 100.0% |
51 |
Total value at 5-31-25 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Capital Appreciation Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $178,013,447 | $178,013,447 | — | — |
Consumer discretionary | 166,507,735 | 153,187,872 | $13,319,863 | — |
Consumer staples | 41,321,965 | 41,321,965 | — | — |
Financials | 78,871,426 | 78,871,426 | — | — |
Health care | 90,580,747 | 90,580,747 | — | — |
Industrials | 55,800,062 | 55,800,062 | — | — |
Information technology | 345,290,525 | 345,290,525 | — | — |
Utilities | 14,206,278 | 14,206,278 | — | — |
Short-term investments | 12,154,383 | 12,154,383 | — | — |
Total investments in securities | $982,746,568 | $969,426,705 | $13,319,863 | — |
Total value at 5-31-25 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Capital Appreciation Value Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | $700,716,117 | $700,716,117 | — | — |
Preferred securities | 754,102 | 754,102 | — | — |
U.S. Government and Agency obligations | 156,686,538 | — | $156,686,538 | — |
Corporate bonds | 96,333,302 | — | 96,333,302 | — |
Term loans | 111,314,920 | — | 111,314,920 | — |
Short-term investments | 109,827,829 | 109,827,829 | — | — |
Total investments in securities | $1,175,632,808 | $811,298,048 | $364,334,760 | — |
Derivatives: | ||||
Liabilities | ||||
Written options | $(2,875,673) | — | $(2,875,673) | — |
Core Bond Fund | ||||
Investments in securities: | ||||
Assets | ||||
U.S. Government and Agency obligations | $823,651,220 | — | $823,651,220 | — |
Foreign government obligations | 17,218,602 | — | 17,218,602 | — |
Corporate bonds | 447,001,899 | — | 447,001,899 | — |
Municipal bonds | 3,376,687 | — | 3,376,687 | — |
Collateralized mortgage obligations | 291,579,397 | — | 291,579,397 | — |
Asset-backed securities | 163,875,001 | — | 163,875,001 | — |
Short-term investments | 38,228,463 | $38,228,463 | — | — |
Total investments in securities | $1,784,931,269 | $38,228,463 | $1,746,702,806 | — |
International Strategic Equity Allocation Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Australia | $163,380,154 | — | $163,380,154 | — |
Austria | 6,236,703 | — | 6,236,703 | — |
Belgium | 21,034,058 | — | 21,034,058 | — |
Brazil | 31,313,392 | $31,313,392 | — | — |
Canada | 308,338,312 | 308,338,312 | — | — |
Chile | 5,848,720 | 4,635,332 | 1,213,388 | — |
China | 299,713,469 | 9,485,476 | 290,227,993 | — |
Colombia | 695,449 | 695,449 | — | — |
Czech Republic | 1,784,507 | — | 1,784,507 | — |
Denmark | 49,451,203 | — | 49,451,203 | — |
Egypt | 242,002 | — | 242,002 | — |
Finland | 24,752,900 | — | 24,752,900 | — |
France | 254,058,349 | — | 254,058,349 | — |
Germany | 268,194,956 | — | 268,194,956 | — |
Greece | 6,700,761 | — | 6,700,761 | — |
Hong Kong | 63,308,152 | 777,726 | 62,530,426 | — |
Hungary | 3,117,528 | — | 3,117,528 | — |
India | 184,225,988 | — | 183,897,306 | $328,682 |
Indonesia | 14,749,794 | — | 14,749,794 | — |
Ireland | 27,716,840 | 12,411,951 | 15,304,889 | — |
Israel | 21,253,607 | 9,387,162 | 11,866,445 | — |
Italy | 99,887,544 | — | 99,887,544 | — |
Japan | 516,191,093 | — | 516,191,093 | — |
Kuwait | 8,487,419 | — | 8,487,419 | — |
Luxembourg | 5,520,714 | — | 5,520,714 | — |
Macau | 619,295 | — | 619,295 | — |
Total value at 5-31-25 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
International Strategic Equity Allocation Fund (continued) | ||||
Malaysia | $14,502,155 | — | $14,502,155 | — |
Mexico | 26,340,314 | $26,340,314 | — | — |
Netherlands | 124,209,541 | — | 124,209,541 | — |
New Zealand | 5,061,705 | — | 5,061,705 | — |
Norway | 15,231,560 | — | 15,231,560 | — |
Peru | 2,610,316 | 2,610,316 | — | — |
Philippines | 5,619,615 | — | 5,619,615 | — |
Poland | 12,068,950 | — | 12,068,950 | — |
Portugal | 3,030,158 | — | 3,030,158 | — |
Qatar | 8,321,997 | — | 8,321,997 | — |
Saudi Arabia | 38,913,036 | — | 38,913,036 | — |
Singapore | 46,728,831 | 9,385,890 | 37,342,941 | — |
South Africa | 32,105,204 | — | 32,105,204 | — |
South Korea | 108,459,461 | — | 108,459,461 | — |
Spain | 86,148,729 | — | 86,148,729 | — |
Sweden | 88,552,915 | 13,532,938 | 75,019,977 | — |
Switzerland | 240,890,477 | — | 240,890,477 | — |
Taiwan | 199,290,037 | — | 199,290,037 | — |
Thailand | 13,083,998 | — | 13,083,998 | — |
Turkey | 5,441,915 | — | 5,441,915 | — |
United Arab Emirates | 15,079,292 | — | 15,079,292 | — |
United Kingdom | 343,348,698 | 2,671,823 | 340,676,875 | — |
United States | 9,679,503 | 7,653,153 | 2,026,350 | — |
Preferred securities | ||||
Brazil | 11,787,230 | 11,787,230 | — | — |
Chile | 581,506 | 581,506 | — | — |
Colombia | 1,150,068 | 1,150,068 | — | — |
Germany | 8,572,538 | — | 8,572,538 | — |
South Korea | 4,810,230 | — | 4,810,230 | — |
Rights | 438,985 | — | 438,985 | — |
Warrants | 18,357 | 75 | 18,282 | — |
Short-term investments | 199,353,331 | 50,047,511 | 149,305,820 | — |
Total investments in securities | $4,058,253,561 | $502,805,624 | $3,555,119,255 | $328,682 |
Derivatives: | ||||
Assets | ||||
Futures | $15,620,071 | $15,620,071 | — | — |
Level 3 includes securities valued at $0. Refer to Portfolio of Investments. | ||||
Mid Value Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $24,857,261 | $24,857,261 | — | — |
Consumer discretionary | 77,846,284 | 61,953,750 | $15,892,534 | — |
Consumer staples | 55,120,505 | 55,120,505 | — | — |
Energy | 90,731,204 | 90,731,204 | — | — |
Financials | 249,796,461 | 242,008,683 | 7,787,778 | — |
Health care | 141,960,091 | 141,960,091 | — | — |
Industrials | 228,910,208 | 228,910,208 | — | — |
Information technology | 115,916,320 | 115,916,320 | — | — |
Materials | 68,185,638 | 60,746,235 | 7,439,403 | — |
Real estate | 96,024,605 | 96,024,605 | — | — |
Utilities | 88,835,487 | 88,835,487 | — | — |
Convertible bonds | 1,873,080 | — | 1,873,080 | — |
Total value at 5-31-25 | Level 1 quoted price | Level 2 significant observable inputs | Level 3 significant unobservable inputs | |
Mid Value Fund (continued) | ||||
Short-term investments | $79,373,516 | $79,373,516 | — | — |
Total investments in securities | $1,319,430,660 | $1,286,437,865 | $32,992,795 | — |
U.S. Sector Rotation Fund | ||||
Investments in securities: | ||||
Assets | ||||
Common stocks | ||||
Communication services | $487,996,107 | $487,996,107 | — | — |
Consumer discretionary | 510,021,617 | 510,016,246 | $5,371 | — |
Consumer staples | 277,611,702 | 277,611,702 | — | — |
Energy | 133,695,680 | 133,695,680 | — | — |
Financials | 675,174,388 | 675,174,388 | — | — |
Health care | 445,617,348 | 445,515,739 | — | $101,609 |
Industrials | 397,482,324 | 397,482,324 | — | — |
Information technology | 1,522,323,295 | 1,522,323,295 | — | — |
Materials | 44,918,956 | 44,918,956 | — | — |
Real estate | 98,276,284 | 98,276,284 | — | — |
Utilities | 126,504,101 | 126,504,101 | — | — |
Short-term investments | 123,325,455 | 123,325,455 | — | — |
Total investments in securities | $4,842,947,257 | $4,842,840,277 | $5,371 | $101,609 |
Derivatives: | ||||
Assets | ||||
Futures | $3,684,406 | $3,684,406 | — | — |
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
Capital Appreciation Fund | |||||||||
John Hancock Collateral Trust | 1,071,714 | — | $25,203,095 | $(14,483,300) | $(183) | $315 | — | — | $10,719,927 |
Capital Appreciation Value Fund | |||||||||
John Hancock Collateral Trust | 164,654 | $4,456,613 | $52,814,542 | $(55,626,036) | $3,383 | $(1,532) | $316 | — | $1,646,970 |
Core Bond Fund | |||||||||
John Hancock Collateral Trust | 165,991 | $132,246 | $35,648,797 | $(34,120,114) | $(595) | $6 | $2,876 | — | $1,660,340 |
International Strategic Equity Allocation Fund | |||||||||
John Hancock Collateral Trust | 5,003,450 | $34,344,564 | $381,967,633 | $(366,266,178) | $(4,202) | $5,694 | $439,930 | — | $50,047,511 |
Mid Value Fund | |||||||||
John Hancock Collateral Trust | 997,271 | $29,968,394 | $289,894,343 | $(309,894,077) | $16,168 | $(9,528) | $343,785 | — | $9,975,300 |
U.S. Sector Rotation Fund | |||||||||
John Hancock Collateral Trust | 12,329,340 | $217,469,027 | $990,536,473 | $(1,084,747,600) | $76,797 | $(9,242) | $6,310,641 | — | $123,325,455 |