|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.6%
|
|||||
|
|
Belgium — 3.0%
|
|
|||
|
304,429
|
Ageas S.A./N.V. (EUR)
|
$24,348,754
|
|||
|
|
Bermuda — 4.2%
|
|
|||
|
4,093,086
|
Aegon Ltd. (EUR)
|
34,785,619
|
|||
|
|
Denmark — 2.3%
|
|
|||
|
215,823
|
AL Sydbank (DKK)
|
19,003,470
|
|||
|
|
France — 23.9%
|
|
|||
|
510,776
|
AXA S.A. (EUR)
|
25,591,325
|
|||
|
220,007
|
BNP Paribas S.A. (EUR)
|
25,675,863
|
|||
|
434,117
|
Covivio S.A. (EUR)
|
26,586,690
|
|||
|
1,272,911
|
Credit Agricole S.A. (EUR)
|
25,590,572
|
|||
|
838,706
|
Orange S.A. (EUR)
|
15,816,776
|
|||
|
587,617
|
Rubis S.C.A. (EUR)
|
20,612,251
|
|||
|
682,929
|
SCOR SE (EUR)
|
24,767,101
|
|||
|
600,448
|
Teleperformance SE (EUR)
|
31,545,474
|
|||
|
|
|
196,186,052
|
|||
|
|
Germany — 7.1%
|
|
|||
|
43,779
|
Allianz SE (EUR)
|
20,713,990
|
|||
|
368,235
|
Mercedes-Benz Group AG
(EUR)
|
18,479,069
|
|||
|
233,314
|
Volkswagen AG (Preference
Shares) (EUR)
|
18,687,513
|
|||
|
|
|
57,880,572
|
|||
|
|
Italy — 3.5%
|
|
|||
|
884,627
|
Poste Italiane S.p.A. (EUR)
|
28,928,273
|
|||
|
|
Jersey — 4.2%
|
|
|||
|
13,232,061
|
B&M European Value
Retail PLC (GBP)
|
34,208,289
|
|||
|
|
Netherlands — 18.0%
|
|
|||
|
783,548
|
ABN AMRO Bank N.V.
(EUR) (c)
|
33,286,466
|
|||
|
377,586
|
ASR Nederland N.V. (EUR)
|
28,491,521
|
|||
|
762,702
|
ING Groep N.V. (EUR)
|
24,113,305
|
|||
|
332,061
|
NN Group N.V. (EUR)
|
29,085,690
|
|||
|
1,706,716
|
Signify N.V. (EUR) (c) (d)
|
32,546,949
|
|||
|
|
|
147,523,931
|
|||
|
|
Norway — 3.9%
|
|
|||
|
1,046,953
|
Aker BP ASA (NOK)
|
32,069,116
|
|||
|
|
Poland — 2.6%
|
|
|||
|
646,382
|
ORLEN S.A. (PLN)
|
21,753,406
|
|||
|
|
Switzerland — 2.4%
|
|
|||
|
26,462
|
Zurich Insurance Group AG
(CHF)
|
19,604,150
|
|||
|
|
United Kingdom — 24.5%
|
|
|||
|
1,345,969
|
HSBC Holdings PLC (GBP)
|
25,545,006
|
|||
|
4,042,387
|
Investec PLC (GBP)
|
32,199,040
|
|||
|
13,188,353
|
Legal & General Group PLC
(GBP)
|
50,032,086
|
|||
|
3,684,639
|
NatWest Group PLC (GBP)
|
32,599,639
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
United Kingdom (Continued)
|
|
|||
|
239,464
|
Rio Tinto PLC (GBP)
|
$22,622,168
|
|||
|
35,432,882
|
Taylor Wimpey PLC (GBP)
|
37,919,656
|
|||
|
|
|
200,917,595
|
|||
|
|
Total Common Stocks
|
817,209,227
|
|||
|
|
(Cost $705,235,831)
|
|
|||
|
MONEY MARKET FUNDS — 0.0%
|
|||||
|
176,063
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.51% (e)
|
176,063
|
|||
|
|
(Cost $176,063)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 99.6%
|
817,385,290
|
|||
|
|
(Cost $705,411,894)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.4%
|
3,445,176
|
|||
|
|
Net Assets — 100.0%
|
$820,830,466
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the
Securities Act of 1933, as amended (the “1933 Act”).
|
|
(d)
|
This security is exempt from registration upon resale under
Rule 144A of the 1933 Act and may be resold in transactions
exempt from registration, normally to qualified institutional
buyers. This security is not restricted on the foreign
exchange where it trades freely without any additional
registration.
|
|
(e)
|
Rate shown reflects yield as of June 30, 2026.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
CHF
|
– Swiss Franc
|
|
DKK
|
– Danish Krone
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
NOK
|
– Norwegian Krone
|
|
PLN
|
– Polish Zloty
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Investments
|
|
Financials
|
61.7%
|
|
Consumer Discretionary
|
13.4
|
|
Industrials
|
7.8
|
|
Energy
|
6.6
|
|
Real Estate
|
3.3
|
|
Materials
|
2.8
|
|
Utilities
|
2.5
|
|
Communication Services
|
1.9
|
|
Money Market Funds
|
0.0‡
|
|
Total
|
100.0%
|
|
‡
|
Amount is less than 0.1%.
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
EUR
|
59.9%
|
|
GBP
|
28.8
|
|
NOK
|
3.9
|
|
PLN
|
2.7
|
|
CHF
|
2.4
|
|
DKK
|
2.3
|
|
USD
|
0.0‡
|
|
Total
|
100.0%
|
|
‡
|
Amount is less than 0.1%.
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$817,209,227
|
$817,209,227
|
$—
|
$—
|
|
Money Market Funds
|
176,063
|
176,063
|
—
|
—
|
|
Total Investments
|
$817,385,290
|
$817,385,290
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 98.8%
|
|||||
|
|
Belgium — 1.3%
|
|
|||
|
7,473
|
Warehouses De Pauw C.V.A.
(EUR)
|
$188,362
|
|||
|
|
Canada — 2.0%
|
|
|||
|
12,669
|
Dream Industrial Real Estate
Investment Trust (CAD)
|
124,970
|
|||
|
2,359
|
Granite Real Estate Investment
Trust (CAD)
|
159,346
|
|||
|
|
|
284,316
|
|||
|
|
Japan — 6.9%
|
|
|||
|
221
|
Daiwa House REIT Investment
Corp. (JPY)
|
163,784
|
|||
|
282
|
GLP J-REIT (JPY)
|
238,302
|
|||
|
159
|
Industrial & Infrastructure Fund
Investment Corp. (JPY)
|
138,763
|
|||
|
113
|
LaSalle Logiport REIT (JPY)
|
101,467
|
|||
|
249
|
Mitsui Fudosan Logistics Park,
Inc. (JPY)
|
165,086
|
|||
|
324
|
Nippon Prologis REIT, Inc.
(JPY)
|
172,965
|
|||
|
|
|
980,367
|
|||
|
|
Singapore — 7.0%
|
|
|||
|
215,564
|
Frasers Logistics & Commercial
Trust (SGD) (c)
|
160,788
|
|||
|
214,700
|
Keppel DC REIT (SGD)
|
371,732
|
|||
|
127,800
|
Mapletree Industrial Trust (SGD)
|
189,662
|
|||
|
289,077
|
Mapletree Logistics Trust (SGD)
|
272,598
|
|||
|
|
|
994,780
|
|||
|
|
Sweden — 1.1%
|
|
|||
|
9,836
|
Sagax AB, Class B (SEK)
|
156,421
|
|||
|
|
United Kingdom — 8.5%
|
|
|||
|
106,066
|
LondonMetric Property PLC
(GBP)
|
264,922
|
|||
|
62,250
|
Segro PLC (GBP)
|
722,668
|
|||
|
101,522
|
Tritax Big Box REIT PLC
(GBP)
|
217,348
|
|||
|
|
|
1,204,938
|
|||
|
|
United States — 72.0%
|
|
|||
|
5,223
|
American Tower Corp.
|
854,326
|
|||
|
49,007
|
Americold Realty Trust, Inc.
|
770,390
|
|||
|
10,856
|
Crown Castle, Inc.
|
822,125
|
|||
|
4,995
|
Digital Realty Trust, Inc.
|
897,002
|
|||
|
3,054
|
EastGroup Properties, Inc.
|
618,527
|
|||
|
911
|
Equinix, Inc.
|
949,617
|
|||
|
9,733
|
First Industrial Realty Trust, Inc.
|
596,730
|
|||
|
15,275
|
Lineage, Inc.
|
660,644
|
|||
|
11,128
|
LXP Industrial Trust
|
599,577
|
|||
|
6,809
|
Prologis, Inc.
|
922,415
|
|||
|
17,169
|
Rexford Industrial Realty, Inc.
|
575,161
|
|||
|
4,302
|
SBA Communications Corp.
|
759,131
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
United States (Continued)
|
|
|||
|
15,530
|
STAG Industrial, Inc.
|
$591,072
|
|||
|
9,015
|
Terreno Realty Corp.
|
583,902
|
|||
|
|
|
10,200,619
|
|||
|
|
Total Common Stocks
|
14,009,803
|
|||
|
|
(Cost $13,588,705)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
8,403
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.51% (d)
|
8,403
|
|||
|
|
(Cost $8,403)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 98.9%
|
14,018,206
|
|||
|
|
(Cost $13,597,108)
|
|
|||
|
|
Net Other Assets and
Liabilities — 1.1%
|
154,061
|
|||
|
|
Net Assets — 100.0%
|
$14,172,267
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the
Securities Act of 1933, as amended.
|
|
(d)
|
Rate shown reflects yield as of June 30, 2026.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
CAD
|
– Canadian Dollar
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
JPY
|
– Japanese Yen
|
|
SEK
|
– Swedish Krona
|
|
SGD
|
– Singapore Dollar
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Investments
|
|
Real Estate
|
99.9%
|
|
Money Market Funds
|
0.1
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
72.8%
|
|
GBP
|
8.6
|
|
SGD
|
7.1
|
|
JPY
|
7.0
|
|
CAD
|
2.0
|
|
EUR
|
1.4
|
|
SEK
|
1.1
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$14,009,803
|
$14,009,803
|
$—
|
$—
|
|
Money Market Funds
|
8,403
|
8,403
|
—
|
—
|
|
Total Investments
|
$14,018,206
|
$14,018,206
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.4%
|
|||||
|
|
Australia — 3.1%
|
|
|||
|
2,762,393
|
Bank of Queensland Ltd. (AUD)
|
$12,068,113
|
|||
|
1,011,187
|
Fortescue Ltd. (AUD)
|
13,406,790
|
|||
|
2,646,841
|
Harvey Norman Holdings Ltd.
(AUD)
|
8,832,821
|
|||
|
1,047,995
|
Super Retail Group Ltd. (AUD)
|
9,563,110
|
|||
|
|
|
43,870,834
|
|||
|
|
Austria — 1.4%
|
|
|||
|
307,116
|
OMV AG (EUR)
|
19,352,659
|
|||
|
|
Belgium — 1.1%
|
|
|||
|
192,487
|
Ageas S.A./N.V. (EUR)
|
15,395,441
|
|||
|
|
Bermuda — 0.7%
|
|
|||
|
1,206,458
|
CK Infrastructure Holdings Ltd.
(HKD)
|
9,183,593
|
|||
|
|
Canada — 8.8%
|
|
|||
|
138,563
|
Bank of Nova Scotia (The)
(CAD)
|
12,043,477
|
|||
|
464,328
|
BCE, Inc. (CAD)
|
10,001,918
|
|||
|
266,447
|
Cogeco Communications, Inc.
(CAD)
|
11,903,460
|
|||
|
225,233
|
Great-West Lifeco, Inc. (CAD)
|
14,351,705
|
|||
|
540,989
|
Labrador Iron Ore Royalty Corp.
(CAD)
|
10,642,407
|
|||
|
392,369
|
Laurentian Bank of Canada
(CAD)
|
11,110,551
|
|||
|
1,057,669
|
Parex Resources, Inc. (CAD)
|
15,951,729
|
|||
|
634,885
|
Peyto Exploration &
Development Corp. (CAD)
|
10,591,489
|
|||
|
158,752
|
TC Energy Corp. (CAD)
|
10,512,948
|
|||
|
1,602,897
|
TELUS Corp. (CAD)
|
16,952,903
|
|||
|
|
|
124,062,587
|
|||
|
|
Cayman Islands — 0.8%
|
|
|||
|
14,812,045
|
Budweiser Brewing Co. APAC
Ltd. (HKD) (c) (d)
|
11,520,490
|
|||
|
|
France — 6.4%
|
|
|||
|
222,584
|
Arkema S.A. (EUR)
|
14,025,946
|
|||
|
129,693
|
BNP Paribas S.A. (EUR)
|
15,135,790
|
|||
|
885,279
|
Carrefour S.A. (EUR)
|
16,437,139
|
|||
|
735,479
|
Credit Agricole S.A. (EUR)
|
14,786,052
|
|||
|
306,513
|
Teleperformance SE (EUR)
|
16,103,139
|
|||
|
165,258
|
TotalEnergies SE (EUR)
|
12,845,637
|
|||
|
|
|
89,333,703
|
|||
|
|
Germany — 4.5%
|
|
|||
|
212,075
|
BASF SE (EUR)
|
11,335,545
|
|||
|
121,522
|
Bayerische Motoren Werke AG
(Preference Shares) (EUR)
|
7,976,964
|
|||
|
460,056
|
Freenet AG (EUR)
|
11,848,334
|
|||
|
222,304
|
Mercedes-Benz Group AG
(EUR)
|
11,155,841
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Germany (Continued)
|
|
|||
|
322,659
|
Porsche Automobil Holding SE
(Preference Shares) (EUR)
|
$9,939,313
|
|||
|
139,723
|
Volkswagen AG (Preference
Shares) (EUR)
|
11,191,250
|
|||
|
|
|
63,447,247
|
|||
|
|
Hong Kong — 4.0%
|
|
|||
|
2,436,562
|
BOC Hong Kong Holdings Ltd.
(HKD)
|
13,166,323
|
|||
|
3,077,775
|
Henderson Land Development
Co., Ltd. (HKD)
|
9,732,281
|
|||
|
21,448,173
|
PCCW Ltd. (HKD)
|
14,576,176
|
|||
|
7,582,788
|
Sino Land Co., Ltd. (HKD)
|
9,939,125
|
|||
|
3,371,891
|
Swire Properties Ltd. (HKD)
|
8,830,800
|
|||
|
|
|
56,244,705
|
|||
|
|
Italy — 4.5%
|
|
|||
|
3,773,736
|
A2A S.p.A. (EUR)
|
9,744,794
|
|||
|
1,385,851
|
Banco BPM S.p.A. (EUR)
|
23,926,198
|
|||
|
602,184
|
Eni S.p.A. (EUR)
|
14,187,653
|
|||
|
474,996
|
Poste Italiane S.p.A. (EUR)
|
15,532,890
|
|||
|
|
|
63,391,535
|
|||
|
|
Japan — 0.7%
|
|
|||
|
281,370
|
Japan Tobacco, Inc. (JPY)
|
10,403,742
|
|||
|
|
Jersey — 1.3%
|
|
|||
|
6,993,772
|
B&M European Value
Retail PLC (GBP)
|
18,080,704
|
|||
|
|
Luxembourg — 0.8%
|
|
|||
|
243,771
|
APERAM S.A. (EUR)
|
11,854,312
|
|||
|
|
Marshall Islands — 1.0%
|
|
|||
|
382,168
|
Global Ship Lease, Inc., Class A
|
14,369,517
|
|||
|
|
Netherlands — 4.1%
|
|
|||
|
196,449
|
ASR Nederland N.V. (EUR)
|
14,823,460
|
|||
|
194,698
|
LyondellBasell Industries N.V.,
Class A
|
10,250,850
|
|||
|
174,363
|
NN Group N.V. (EUR)
|
15,272,700
|
|||
|
879,008
|
Signify N.V. (EUR) (c) (d)
|
16,762,618
|
|||
|
|
|
57,109,628
|
|||
|
|
Norway — 4.1%
|
|
|||
|
147,208
|
Aker ASA, Class A (NOK)
|
17,072,767
|
|||
|
469,955
|
DNB Bank ASA (NOK)
|
13,991,588
|
|||
|
433,515
|
Equinor ASA (NOK)
|
13,730,055
|
|||
|
641,781
|
SpareBank 1 Sor-Norge ASA
(NOK)
|
12,539,319
|
|||
|
|
|
57,333,729
|
|||
|
|
South Korea — 4.5%
|
|
|||
|
1,011,587
|
Cheil Worldwide, Inc. (KRW)
|
11,883,356
|
|||
|
82,282
|
DB Insurance Co., Ltd. (KRW)
|
7,111,315
|
|||
|
235,838
|
GS Holdings Corp. (KRW)
|
10,092,338
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
South Korea (Continued)
|
|
|||
|
569,282
|
Hyundai Elevator Co., Ltd.
(KRW)
|
$26,125,315
|
|||
|
92,297
|
Kia Corp. (KRW)
|
8,221,123
|
|||
|
|
|
63,433,447
|
|||
|
|
Spain — 11.0%
|
|
|||
|
661,877
|
Bankinter S.A. (EUR)
|
11,071,617
|
|||
|
869,808
|
CaixaBank S.A. (EUR)
|
12,308,698
|
|||
|
979,604
|
Enagas S.A. (EUR)
|
18,983,185
|
|||
|
428,037
|
Logista Integral S.A. (EUR)
|
16,501,335
|
|||
|
2,554,245
|
Mapfre S.A. (EUR)
|
12,636,975
|
|||
|
593,797
|
Naturgy Energy Group S.A.
(EUR)
|
18,630,788
|
|||
|
717,494
|
Redeia Corp. S.A. (EUR)
|
12,206,908
|
|||
|
563,432
|
Repsol S.A. (EUR)
|
14,169,491
|
|||
|
4,947,595
|
Telefonica S.A. (EUR)
|
19,876,307
|
|||
|
5,265,434
|
Unicaja Banco S.A.
(EUR) (c) (d)
|
18,758,710
|
|||
|
|
|
155,144,014
|
|||
|
|
Sweden — 2.7%
|
|
|||
|
886,631
|
Svenska Handelsbanken AB,
Class A (SEK)
|
13,039,296
|
|||
|
392,084
|
Swedbank AB, Class A (SEK)
|
14,637,921
|
|||
|
2,255,566
|
Telia Co., AB (SEK)
|
10,981,996
|
|||
|
|
|
38,659,213
|
|||
|
|
Switzerland — 1.8%
|
|
|||
|
69,142
|
Swiss Re AG (CHF)
|
10,995,974
|
|||
|
18,717
|
Zurich Insurance Group AG
(CHF)
|
13,866,332
|
|||
|
|
|
24,862,306
|
|||
|
|
United Kingdom — 10.1%
|
|
|||
|
5,961,281
|
Aberdeen Group PLC (GBP)
|
18,835,336
|
|||
|
219,410
|
British American Tobacco PLC
(GBP)
|
13,611,808
|
|||
|
5,320,210
|
Domino’s Pizza Group PLC
(GBP)
|
12,780,247
|
|||
|
1,737,908
|
Investec PLC (GBP)
|
13,843,051
|
|||
|
5,567,906
|
Legal & General Group PLC
(GBP)
|
21,122,725
|
|||
|
1,831,852
|
OSB Group PLC (GBP)
|
12,611,007
|
|||
|
107,735
|
Rio Tinto PLC (GBP)
|
10,177,727
|
|||
|
1,804,438
|
Standard Life PLC (GBP)
|
19,937,880
|
|||
|
3,075,046
|
Zigup PLC (GBP)
|
18,518,230
|
|||
|
|
|
141,438,011
|
|||
|
|
United States — 22.0%
|
|
|||
|
228,022
|
Altria Group, Inc.
|
16,406,183
|
|||
|
216,469
|
Best Buy Co., Inc.
|
16,425,668
|
|||
|
265,314
|
Cal-Maine Foods, Inc.
|
21,373,696
|
|||
|
353,516
|
First Interstate BancSystem, Inc.,
Class A
|
13,631,577
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
United States (Continued)
|
|
|||
|
827,555
|
Ford Motor Co.
|
$11,503,014
|
|||
|
444,267
|
Franklin Resources, Inc.
|
14,780,763
|
|||
|
310,745
|
General Mills, Inc.
|
10,813,926
|
|||
|
443,563
|
H&R Block, Inc.
|
16,890,879
|
|||
|
833,081
|
HP, Inc.
|
18,277,797
|
|||
|
557,715
|
Northern Oil & Gas, Inc.
|
10,122,527
|
|||
|
1,207,007
|
Northwest Bancshares, Inc.
|
18,298,226
|
|||
|
333,308
|
OneMain Holdings, Inc.
|
20,321,789
|
|||
|
135,653
|
Prudential Financial, Inc.
|
14,641,028
|
|||
|
932,111
|
Robert Half, Inc.
|
28,615,808
|
|||
|
146,701
|
T. Rowe Price Group, Inc.
|
16,678,437
|
|||
|
125,890
|
United Parcel Service, Inc.,
Class B
|
13,533,175
|
|||
|
280,818
|
Universal Corp.
|
14,650,275
|
|||
|
277,805
|
Verizon Communications, Inc.
|
11,762,264
|
|||
|
2,620,089
|
Western Union (The) Co.
|
20,174,685
|
|||
|
|
|
308,901,717
|
|||
|
|
Total Common Stocks
|
1,397,393,134
|
|||
|
|
(Cost $1,263,236,200)
|
|
|||
|
MONEY MARKET FUNDS — 0.0%
|
|||||
|
595,721
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.51% (e)
|
595,721
|
|||
|
|
(Cost $595,721)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 99.4%
|
1,397,988,855
|
|||
|
|
(Cost $1,263,831,921)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.6%
|
8,518,238
|
|||
|
|
Net Assets — 100.0%
|
$1,406,507,093
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(d)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(e)
|
Rate shown reflects yield as of June 30, 2026.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
AUD
|
– Australian Dollar
|
|
CAD
|
– Canadian Dollar
|
|
CHF
|
– Swiss Franc
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
HKD
|
– Hong Kong Dollar
|
|
JPY
|
– Japanese Yen
|
|
KRW
|
– South Korean Won
|
|
NOK
|
– Norwegian Krone
|
|
SEK
|
– Swedish Krona
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Investments
|
|
Financials
|
37.5%
|
|
Industrials
|
12.7
|
|
Consumer Discretionary
|
10.2
|
|
Energy
|
8.7
|
|
Communication Services
|
8.6
|
|
Consumer Staples
|
8.2
|
|
Materials
|
5.9
|
|
Utilities
|
4.9
|
|
Real Estate
|
2.0
|
|
All Other
|
1.3
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
EUR
|
33.3%
|
|
USD
|
23.9
|
|
GBP
|
11.4
|
|
CAD
|
8.9
|
|
HKD
|
5.5
|
|
KRW
|
4.5
|
|
NOK
|
4.1
|
|
AUD
|
3.1
|
|
SEK
|
2.8
|
|
CHF
|
1.8
|
|
JPY
|
0.7
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$1,397,393,134
|
$1,397,393,134
|
$—
|
$—
|
|
Money Market
Funds
|
595,721
|
595,721
|
—
|
—
|
|
Total Investments
|
$1,397,988,855
|
$1,397,988,855
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.9%
|
|||||
|
|
Belgium — 1.1%
|
|
|||
|
16,650
|
Deme Group N.V. (EUR)
|
$3,329,239
|
|||
|
|
Bermuda — 0.4%
|
|
|||
|
23,668,565
|
Concord New Energy Group
Ltd. (HKD) (c)
|
1,192,052
|
|||
|
|
Canada — 9.0%
|
|
|||
|
383,565
|
Boralex, Inc., Class A (CAD) (c)
|
10,006,631
|
|||
|
1,096,377
|
Northland Power, Inc. (CAD)
|
17,269,919
|
|||
|
|
|
27,276,550
|
|||
|
|
China — 5.4%
|
|
|||
|
8,197,446
|
China Datang Corp. Renewable
Power Co., Ltd., Class H
(HKD)
|
1,296,064
|
|||
|
9,968,071
|
China Longyuan Power Group
Corp., Ltd., Class H (HKD)
|
6,354,878
|
|||
|
3,040,525
|
China Suntien Green Energy
Corp., Ltd., Class H
(HKD) (c)
|
1,201,812
|
|||
|
1,032,096
|
Dongfang Electric Corp., Ltd.,
Class H (HKD) (c)
|
2,805,649
|
|||
|
3,521,401
|
Goldwind Science &
Technology Co., Ltd., Class H
(HKD)
|
4,723,428
|
|||
|
|
|
16,381,831
|
|||
|
|
Denmark — 16.2%
|
|
|||
|
1,016,969
|
Orsted A/S (DKK) (d) (e) (f)
|
22,821,620
|
|||
|
939,030
|
Vestas Wind Systems A/S
(DKK)
|
26,498,657
|
|||
|
|
|
49,320,277
|
|||
|
|
France — 1.9%
|
|
|||
|
178,461
|
Engie S.A. (EUR)
|
5,625,844
|
|||
|
|
Germany — 13.4%
|
|
|||
|
31,099
|
Energiekontor AG (EUR) (c)
|
1,385,810
|
|||
|
473,494
|
Nordex SE (EUR) (e)
|
24,994,770
|
|||
|
132,436
|
PNE AG (EUR) (c)
|
1,661,503
|
|||
|
93,588
|
RWE AG (EUR)
|
6,054,562
|
|||
|
142,369
|
SGL Carbon SE (EUR) (e)
|
723,069
|
|||
|
30,665
|
Siemens Energy AG (EUR)
|
5,809,252
|
|||
|
|
|
40,628,966
|
|||
|
|
Israel — 7.7%
|
|
|||
|
946,504
|
Energix-Renewable Energies
Ltd. (ILS)
|
8,310,953
|
|||
|
172,247
|
Enlight Renewable Energy Ltd.
(ILS) (e)
|
15,222,864
|
|||
|
|
|
23,533,817
|
|||
|
|
Italy — 6.9%
|
|
|||
|
500,712
|
Enel S.p.A. (EUR)
|
5,752,009
|
|||
|
253,185
|
ERG S.p.A. (EUR)
|
6,919,773
|
|||
|
49,798
|
Prysmian S.p.A. (EUR)
|
8,310,098
|
|||
|
|
|
20,981,880
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Japan — 3.2%
|
|
|||
|
180,000
|
Hitachi Ltd. (JPY)
|
$4,949,599
|
|||
|
702,210
|
Toray Industries, Inc. (JPY)
|
4,869,410
|
|||
|
|
|
9,819,009
|
|||
|
|
Netherlands — 1.0%
|
|
|||
|
261,049
|
Fugro N.V. (EUR) (c)
|
2,818,685
|
|||
|
54,423
|
SIF Holding N.V. (EUR) (c) (e)
|
317,136
|
|||
|
|
|
3,135,821
|
|||
|
|
Norway — 0.6%
|
|
|||
|
81,318
|
Bonheur ASA (NOK)
|
1,889,492
|
|||
|
|
South Korea — 1.4%
|
|
|||
|
57,104
|
CS Bearing Co., Ltd. (KRW) (e)
|
156,093
|
|||
|
119,023
|
CS Wind Corp. (KRW)
|
3,268,850
|
|||
|
1,049,045
|
Unison Co., Ltd. (KRW) (e)
|
769,873
|
|||
|
|
|
4,194,816
|
|||
|
|
Spain — 11.0%
|
|
|||
|
20,682
|
Acciona S.A. (EUR) (c)
|
6,550,560
|
|||
|
1,277,907
|
EDP Renewables S.A. (EUR)
|
20,690,062
|
|||
|
254,642
|
Iberdrola S.A. (EUR)
|
6,354,412
|
|||
|
|
|
33,595,034
|
|||
|
|
Sweden — 1.9%
|
|
|||
|
676,778
|
Orron Energy AB (SEK) (e)
|
524,875
|
|||
|
209,459
|
SKF AB, Class B (SEK)
|
5,374,538
|
|||
|
|
|
5,899,413
|
|||
|
|
Switzerland — 1.7%
|
|
|||
|
30,613
|
BKW AG (CHF)
|
5,164,049
|
|||
|
|
Taiwan — 1.1%
|
|
|||
|
921,615
|
Century Iron & Steel Industrial
Co., Ltd. (TWD)
|
3,399,299
|
|||
|
|
Turkiye — 0.1%
|
|
|||
|
737,455
|
Galata Wind Enerji A/S (TRY)
|
402,827
|
|||
|
|
United Kingdom — 0.8%
|
|
|||
|
369,297
|
ReNew Energy Global PLC,
Class A (e)
|
2,308,106
|
|||
|
|
United States — 15.1%
|
|
|||
|
83,309
|
Alliant Energy Corp.
|
6,355,643
|
|||
|
103,586
|
American Superconductor
Corp. (e)
|
4,299,855
|
|||
|
56,072
|
Arcosa, Inc.
|
8,146,701
|
|||
|
157,311
|
Clearway Energy, Inc., Class C
|
5,376,890
|
|||
|
6,899
|
GE Vernova, Inc.
|
8,105,359
|
|||
|
64,270
|
NextEra Energy, Inc.
|
5,640,978
|
|||
|
55,606
|
Timken (The) Co.
|
8,080,664
|
|||
|
|
|
46,006,090
|
|||
|
|
Total Common Stocks
|
304,084,412
|
|||
|
|
(Cost $268,001,380)
|
|
|||
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.0%
|
|||||
|
103,958
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.51% (g)
|
$103,958
|
|||
|
|
(Cost $103,958)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 4.1%
|
|||||
|
$12,387,176
|
Mizuho Financial Group, Inc.,
3.64% (g), dated 06/30/26,
due 07/01/26, with a maturity
value of $12,388,428.
Collateralized by
U.S. Treasury Securities,
interest rates of 3.38% to
4.25%, due 03/15/27 to
08/31/31. The value of the
collateral including accrued
interest is $12,634,920. (h)
|
12,387,176
|
|||
|
|
(Cost $12,387,176)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 104.0%
|
316,575,546
|
|||
|
|
(Cost $280,492,514)
|
|
|||
|
|
Net Other Assets and
Liabilities — (4.0)%
|
(12,204,678
)
|
|||
|
|
Net Assets — 100.0%
|
$304,370,868
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $11,844,709 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $12,387,176.
|
|
(d)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(e)
|
Non-income producing security.
|
|
(f)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(g)
|
Rate shown reflects yield as of June 30, 2026.
|
|
(h)
|
This security serves as collateral for securities on loan.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
CAD
|
– Canadian Dollar
|
|
CHF
|
– Swiss Franc
|
|
DKK
|
– Danish Krone
|
|
EUR
|
– Euro
|
|
HKD
|
– Hong Kong Dollar
|
|
ILS
|
– Israeli Shekel
|
|
JPY
|
– Japanese Yen
|
|
KRW
|
– South Korean Won
|
|
NOK
|
– Norwegian Krone
|
|
SEK
|
– Swedish Krona
|
|
TRY
|
– Turkish Lira
|
|
TWD
|
– New Taiwan Dollar
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Investments
|
|
Utilities
|
52.5%
|
|
Industrials
|
40.6
|
|
Repurchase Agreements
|
3.9
|
|
Materials
|
2.6
|
|
Energy
|
0.4
|
|
Money Market Funds
|
0.0‡
|
|
Total
|
100.0%
|
|
‡
|
Amount is less than 0.1%.
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
EUR
|
33.9%
|
|
USD
|
19.2
|
|
DKK
|
15.6
|
|
CAD
|
8.6
|
|
ILS
|
7.4
|
|
HKD
|
5.6
|
|
JPY
|
3.1
|
|
SEK
|
1.9
|
|
CHF
|
1.6
|
|
KRW
|
1.3
|
|
TWD
|
1.1
|
|
NOK
|
0.6
|
|
TRY
|
0.1
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$304,084,412
|
$304,084,412
|
$—
|
$—
|
|
Money Market Funds
|
103,958
|
103,958
|
—
|
—
|
|
Repurchase
Agreements
|
12,387,176
|
—
|
12,387,176
|
—
|
|
Total Investments
|
$316,575,546
|
$304,188,370
|
$12,387,176
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.7%
|
|||||
|
|
Aerospace & Defense — 0.4%
|
|
|||
|
814
|
Honeywell Aerospace, Inc. (a)
|
$179,959
|
|||
|
|
Building Products — 4.2%
|
|
|||
|
6,257
|
Carrier Global Corp.
|
458,951
|
|||
|
2,710
|
Johnson Controls
International PLC
|
395,958
|
|||
|
785
|
Lennox International, Inc.
|
449,765
|
|||
|
836
|
Trane Technologies PLC
|
410,610
|
|||
|
|
|
1,715,284
|
|||
|
|
Construction & Engineering
— 5.4%
|
|
|||
|
8,713
|
API Group Corp. (a)
|
368,996
|
|||
|
244
|
Comfort Systems USA, Inc.
|
483,596
|
|||
|
479
|
EMCOR Group, Inc.
|
397,512
|
|||
|
1,078
|
MasTec, Inc. (a)
|
448,513
|
|||
|
659
|
Quanta Services, Inc.
|
474,506
|
|||
|
|
|
2,173,123
|
|||
|
|
Construction Materials —
1.8%
|
|
|||
|
614
|
Martin Marietta Materials, Inc.
|
354,094
|
|||
|
1,313
|
Vulcan Materials Co.
|
387,348
|
|||
|
|
|
741,442
|
|||
|
|
Electric Utilities — 14.6%
|
|
|||
|
5,218
|
Alliant Energy Corp.
|
398,081
|
|||
|
2,806
|
American Electric Power Co.,
Inc.
|
383,889
|
|||
|
1,370
|
Constellation Energy Corp.
|
340,267
|
|||
|
2,891
|
Duke Energy Corp.
|
365,943
|
|||
|
5,074
|
Edison International
|
377,759
|
|||
|
3,275
|
Entergy Corp.
|
376,166
|
|||
|
4,555
|
Evergy, Inc.
|
393,689
|
|||
|
5,452
|
Eversource Energy
|
394,016
|
|||
|
7,778
|
Exelon Corp.
|
362,610
|
|||
|
7,408
|
FirstEnergy Corp.
|
352,176
|
|||
|
4,070
|
NextEra Energy, Inc.
|
357,224
|
|||
|
2,377
|
NRG Energy, Inc.
|
347,185
|
|||
|
20,645
|
PG&E Corp.
|
347,249
|
|||
|
9,659
|
PPL Corp.
|
351,105
|
|||
|
3,941
|
Southern (The) Co.
|
377,193
|
|||
|
4,645
|
Xcel Energy, Inc.
|
372,994
|
|||
|
|
|
5,897,546
|
|||
|
|
Electrical Equipment — 11.4%
|
|
|||
|
1,647
|
AMETEK, Inc.
|
398,475
|
|||
|
2,402
|
Bloom Energy Corp., Class A (a)
|
727,085
|
|||
|
962
|
Eaton Corp. PLC
|
409,928
|
|||
|
2,657
|
Emerson Electric Co.
|
380,350
|
|||
|
397
|
GE Vernova, Inc.
|
466,419
|
|||
|
720
|
Hubbell, Inc.
|
376,704
|
|||
|
3,385
|
Nextpower, Inc., Class A (a)
|
403,289
|
|||
|
2,989
|
nVent Electric PLC
|
506,964
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Electrical Equipment
(Continued)
|
|
|||
|
973
|
Rockwell Automation, Inc.
|
$481,713
|
|||
|
1,339
|
Vertiv Holdings Co., Class A
|
448,324
|
|||
|
|
|
4,599,251
|
|||
|
|
Energy Equipment & Services
— 2.5%
|
|
|||
|
6,065
|
Baker Hughes Co.
|
336,607
|
|||
|
10,205
|
Halliburton Co.
|
346,460
|
|||
|
7,319
|
SLB Ltd.
|
340,260
|
|||
|
|
|
1,023,327
|
|||
|
|
Gas Utilities — 0.8%
|
|
|||
|
1,999
|
Atmos Energy Corp.
|
344,368
|
|||
|
|
Ground Transportation —
3.1%
|
|
|||
|
9,053
|
CSX Corp.
|
430,289
|
|||
|
1,304
|
Norfolk Southern Corp.
|
410,225
|
|||
|
1,531
|
Union Pacific Corp.
|
416,432
|
|||
|
|
|
1,256,946
|
|||
|
|
Independent Power and
Renewable Electricity
Producers — 2.2%
|
|
|||
|
1,231
|
Talen Energy Corp. (a)
|
473,024
|
|||
|
2,519
|
Vistra Corp.
|
399,589
|
|||
|
|
|
872,613
|
|||
|
|
Industrial Conglomerates —
1.5%
|
|
|||
|
2,556
|
3M Co.
|
413,842
|
|||
|
814
|
Honeywell International, Inc. (b)
|
182,254
|
|||
|
|
|
596,096
|
|||
|
|
IT Services — 8.9%
|
|
|||
|
3,509
|
Akamai Technologies, Inc. (a)
|
414,799
|
|||
|
1,991
|
Cloudflare, Inc., Class A (a)
|
488,353
|
|||
|
4,178
|
CoreWeave, Inc., Class A (a)
|
415,878
|
|||
|
1,675
|
MongoDB, Inc. (a)
|
562,633
|
|||
|
2,908
|
Snowflake, Inc. (a)
|
740,086
|
|||
|
3,080
|
Twilio, Inc., Class A (a)
|
635,496
|
|||
|
1,424
|
VeriSign, Inc.
|
358,221
|
|||
|
|
|
3,615,466
|
|||
|
|
Machinery — 18.3%
|
|
|||
|
487
|
Caterpillar, Inc.
|
518,606
|
|||
|
630
|
Cummins, Inc.
|
449,322
|
|||
|
1,763
|
Dover Corp.
|
395,406
|
|||
|
6,388
|
Fortive Corp.
|
390,243
|
|||
|
4,339
|
Graco, Inc.
|
328,072
|
|||
|
1,926
|
IDEX Corp.
|
437,106
|
|||
|
1,406
|
Illinois Tool Works, Inc.
|
380,281
|
|||
|
4,419
|
Ingersoll Rand, Inc.
|
362,314
|
|||
|
1,782
|
ITT, Inc.
|
352,408
|
|||
|
1,502
|
Lincoln Electric Holdings, Inc.
|
398,796
|
|||
|
1,393
|
Nordson Corp.
|
420,254
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (Continued)
|
|||||
|
|
Machinery (Continued)
|
|
|||
|
4,734
|
Otis Worldwide Corp.
|
$338,954
|
|||
|
3,026
|
PACCAR, Inc.
|
363,483
|
|||
|
389
|
Parker-Hannifin Corp.
|
380,489
|
|||
|
4,250
|
Pentair PLC
|
325,805
|
|||
|
647
|
RBC Bearings, Inc. (a)
|
416,707
|
|||
|
1,001
|
Snap-on, Inc.
|
402,802
|
|||
|
1,421
|
Westinghouse Air Brake
Technologies Corp.
|
383,102
|
|||
|
2,971
|
Xylem, Inc.
|
351,202
|
|||
|
|
|
7,395,352
|
|||
|
|
Metals & Mining — 4.3%
|
|
|||
|
5,787
|
Freeport-McMoRan, Inc.
|
363,944
|
|||
|
2,089
|
Nucor Corp.
|
465,325
|
|||
|
1,195
|
Reliance, Inc.
|
446,452
|
|||
|
2,025
|
Steel Dynamics, Inc.
|
464,657
|
|||
|
|
|
1,740,378
|
|||
|
|
Multi-Utilities — 9.3%
|
|
|||
|
3,365
|
Ameren Corp.
|
380,380
|
|||
|
8,714
|
CenterPoint Energy, Inc.
|
383,765
|
|||
|
4,813
|
CMS Energy Corp.
|
368,195
|
|||
|
3,346
|
Consolidated Edison, Inc.
|
370,168
|
|||
|
6,001
|
Dominion Energy, Inc.
|
409,808
|
|||
|
2,547
|
DTE Energy Co.
|
388,086
|
|||
|
7,936
|
NiSource, Inc.
|
377,357
|
|||
|
4,582
|
Public Service Enterprise Group,
Inc.
|
371,875
|
|||
|
3,854
|
Sempra
|
357,304
|
|||
|
3,239
|
WEC Energy Group, Inc.
|
378,218
|
|||
|
|
|
3,785,156
|
|||
|
|
Oil, Gas & Consumable Fuels
— 5.8%
|
|
|||
|
1,448
|
Cheniere Energy, Inc.
|
346,087
|
|||
|
2,833
|
DT Midstream, Inc.
|
415,714
|
|||
|
11,665
|
Kinder Morgan, Inc.
|
372,930
|
|||
|
4,463
|
ONEOK, Inc.
|
388,013
|
|||
|
1,573
|
Targa Resources Corp.
|
421,784
|
|||
|
5,282
|
Williams (The) Cos., Inc.
|
392,664
|
|||
|
|
|
2,337,192
|
|||
|
|
Specialized REITs — 4.3%
|
|
|||
|
2,140
|
American Tower Corp.
|
350,040
|
|||
|
4,444
|
Crown Castle, Inc.
|
336,544
|
|||
|
2,044
|
Digital Realty Trust, Inc.
|
367,061
|
|||
|
371
|
Equinix, Inc.
|
386,727
|
|||
|
1,762
|
SBA Communications Corp.
|
310,923
|
|||
|
|
|
1,751,295
|
|||
|
|
Water Utilities — 0.9%
|
|
|||
|
2,762
|
American Water Works Co., Inc.
|
363,424
|
|||
|
|
Total Common Stocks
|
40,388,218
|
|||
|
|
(Cost $34,495,288)
|
|
|||
|
Shares
|
Description
|
Value
|
|||
|
WARRANTS (c) — 0.0%
|
|||||
|
|
Construction & Engineering
— 0.0%
|
|
|||
|
298
|
Webuild S.p.A., expiring
08/02/30 (EUR) (a) (b) (d) (e)
|
$4
|
|||
|
|
(Cost $0)
|
|
|||
|
MONEY MARKET FUNDS — 0.3%
|
|||||
|
105,029
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (f)
|
105,029
|
|||
|
|
(Cost $105,029)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
40,493,251
|
|||
|
|
(Cost $34,600,317)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.0%
|
9,532
|
|||
|
|
Net Assets — 100.0%
|
$40,502,783
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
This security is fair valued by the Advisor’s Pricing
Committee in accordance with procedures approved by the
Trust’s Board of Trustees, and in accordance with provisions
of the Investment Company Act of 1940 and rules
thereunder, as amended. At June 30, 2026, securities noted as
such are valued at $182,258 or 0.4% of net assets.
|
|
(c)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(d)
|
Pursuant to procedures adopted by the Trust’s Board of
Trustees, this security has been determined to be illiquid by
First Trust Advisors L.P., the Fund’s advisor.
|
|
(e)
|
This security’s value was determined using significant
unobservable inputs (see Valuation Inputs in the Additional
Information section).
|
|
(f)
|
Rate shown reflects yield as of June 30, 2026.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
EUR
|
– Euro
|
|
REITs
|
– Real Estate Investment Trusts
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks:
|
|
|
|
|
|
Industrial
Conglomerates
|
$596,096
|
$413,842
|
$182,254
|
$—
|
|
Other Industry
Categories*
|
39,792,122
|
39,792,122
|
—
|
—
|
|
Warrants*
|
4
|
—
|
—
|
4
|
|
Money Market Funds
|
105,029
|
105,029
|
—
|
—
|
|
Total Investments
|
$40,493,251
|
$40,310,993
|
$182,254
|
$4
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.7%
|
|||||
|
|
Austria — 0.0%
|
|
|||
|
59,155
|
Verbund AG (EUR)
|
$3,758,019
|
|||
|
|
Belgium — 1.1%
|
|
|||
|
877,712
|
Cenergy Holdings S.A. (EUR)
|
23,066,014
|
|||
|
691,164
|
Elia Group S.A./N.V. (EUR)
|
110,403,025
|
|||
|
|
|
133,469,039
|
|||
|
|
Brazil — 2.7%
|
|
|||
|
4,540,820
|
Alupar Investimento S.A. (BRL)
|
28,349,888
|
|||
|
27,845
|
Axia Energia S.A., ADR
|
294,043
|
|||
|
21,363,209
|
Cia Paranaense de Energia -
Copel (BRL)
|
62,157,449
|
|||
|
5,269,550
|
Energisa S.A. (BRL)
|
48,997,230
|
|||
|
15,492,285
|
Equatorial S.A. (BRL)
|
116,860,620
|
|||
|
3,998,959
|
Isa Energia Brasil S.A.
(Preference Shares) (BRL)
|
21,775,321
|
|||
|
4,745,691
|
Transmissora Alianca de Energia
Eletrica S.A. (BRL)
|
36,569,666
|
|||
|
1,041,791
|
WEG S.A. (BRL)
|
9,466,791
|
|||
|
|
|
324,471,008
|
|||
|
|
Canada — 1.9%
|
|
|||
|
252,734
|
Fortis, Inc. (CAD)
|
14,478,856
|
|||
|
125,722
|
Hammond Power Solutions, Inc.
(CAD)
|
30,778,731
|
|||
|
4,381,314
|
Hydro One Ltd. (CAD) (c) (d)
|
180,720,514
|
|||
|
20,311
|
Stella-Jones, Inc. (CAD)
|
1,122,494
|
|||
|
|
|
227,100,595
|
|||
|
|
Cayman Islands — 0.1%
|
|
|||
|
6,915,215
|
Wasion Holdings Ltd. (HKD)
|
17,493,369
|
|||
|
|
China — 0.2%
|
|
|||
|
1,828,464
|
BYD Co., Ltd., Class H (HKD)
|
16,890,826
|
|||
|
100,763
|
Contemporary Amperex
Technology Co., Ltd., Class H
(HKD)
|
9,019,123
|
|||
|
|
|
25,909,949
|
|||
|
|
Denmark — 0.9%
|
|
|||
|
703,019
|
NKT A/S (DKK) (e)
|
104,888,911
|
|||
|
|
France — 10.4%
|
|
|||
|
820,346
|
Engie S.A. (EUR)
|
25,860,770
|
|||
|
131,235
|
Legrand S.A. (EUR)
|
22,147,406
|
|||
|
536,344
|
Nexans S.A. (EUR)
|
89,043,400
|
|||
|
3,080,522
|
Schneider Electric SE (EUR)
|
1,004,548,650
|
|||
|
2,146,356
|
SPIE S.A. (EUR)
|
123,601,854
|
|||
|
|
|
1,265,202,080
|
|||
|
|
Germany — 6.2%
|
|
|||
|
22,845,814
|
E.ON SE (EUR)
|
470,516,222
|
|||
|
602,884
|
Infineon Technologies AG
(EUR)
|
56,258,611
|
|||
|
102,203
|
Pfisterer Holding SE (EUR)
|
11,023,724
|
|||
|
542,751
|
SAP SE (EUR)
|
83,099,445
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Germany (Continued)
|
|
|||
|
337,721
|
Siemens AG (EUR)
|
$108,489,784
|
|||
|
262,905
|
SMA Solar Technology AG
(EUR) (e)
|
18,909,814
|
|||
|
|
|
748,297,600
|
|||
|
|
Ireland — 19.4%
|
|
|||
|
2,422,416
|
Eaton Corp. PLC
|
1,032,239,906
|
|||
|
6,622,992
|
Johnson Controls
International PLC
|
967,685,361
|
|||
|
2,049,557
|
nVent Electric PLC
|
347,625,363
|
|||
|
|
|
2,347,550,630
|
|||
|
|
Italy — 6.0%
|
|
|||
|
3,835,545
|
Enel S.p.A. (EUR)
|
44,061,437
|
|||
|
2,809,420
|
Prysmian S.p.A. (EUR)
|
468,825,172
|
|||
|
17,997,638
|
Terna-Rete Elettrica Nazionale
(EUR)
|
210,575,655
|
|||
|
|
|
723,462,264
|
|||
|
|
Japan — 2.7%
|
|
|||
|
247,300
|
Azbil Corp. (JPY)
|
2,615,286
|
|||
|
305,000
|
Daihen Corp. (JPY)
|
33,858,667
|
|||
|
74,400
|
Fuji Electric Co., Ltd. (JPY)
|
6,184,175
|
|||
|
881,200
|
Fujikura Ltd. (JPY)
|
33,807,470
|
|||
|
325,800
|
Furukawa Electric Co., Ltd.
(JPY)
|
9,477,745
|
|||
|
49,535
|
GS Yuasa Corp. (JPY)
|
1,969,884
|
|||
|
2,251,620
|
Hitachi Ltd. (JPY)
|
61,914,530
|
|||
|
589,799
|
Meidensha Corp. (JPY)
|
35,439,812
|
|||
|
1,048,800
|
Mitsubishi Electric Corp. (JPY)
|
37,902,450
|
|||
|
134,825
|
NGK Insulators Ltd. (JPY)
|
6,245,591
|
|||
|
588,400
|
Osaki Electric Co., Ltd. (JPY)
|
5,377,548
|
|||
|
1,218,770
|
Panasonic Holdings Corp. (JPY)
|
33,745,826
|
|||
|
836,000
|
Renesas Electronics Corp. (JPY)
|
24,715,717
|
|||
|
1,482,000
|
Sumitomo Electric Industries
Ltd. (JPY)
|
26,678,643
|
|||
|
145,600
|
Takaoka Toko Co., Ltd. (JPY)
|
6,716,074
|
|||
|
|
|
326,649,418
|
|||
|
|
Jersey — 1.3%
|
|
|||
|
2,565,358
|
Aptiv PLC (e)
|
157,461,674
|
|||
|
|
Netherlands — 0.3%
|
|
|||
|
299,616
|
Alfen N.V. (EUR) (c) (d) (e) (f)
|
5,381,585
|
|||
|
99,007
|
NXP Semiconductors N.V.
|
27,823,937
|
|||
|
61,930
|
STMicroelectronics N.V.
|
4,637,938
|
|||
|
|
|
37,843,460
|
|||
|
|
Portugal — 0.2%
|
|
|||
|
1,225,405
|
EDP S.A. (EUR)
|
6,414,054
|
|||
|
4,411,633
|
REN - Redes Energeticas
Nacionais SGPS S.A. (EUR)
|
19,028,696
|
|||
|
|
|
25,442,750
|
|||
|
|
South Korea — 3.3%
|
|
|||
|
283,047
|
HD Hyundai Electric Co., Ltd.
(KRW)
|
177,578,057
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
South Korea (Continued)
|
|
|||
|
2,178
|
Hyosung Heavy Industries Corp.
(KRW)
|
$4,833,127
|
|||
|
315,307
|
Iljin Electric Co., Ltd. (KRW)
|
15,528,254
|
|||
|
126,562
|
LS Eco Energy Ltd. (KRW)
|
4,288,714
|
|||
|
867,866
|
LS Electric Co., Ltd. (KRW)
|
133,319,633
|
|||
|
29,599
|
Samsung SDI Co., Ltd.
(KRW) (e)
|
9,304,017
|
|||
|
198,226
|
Sanil Electric Co., Ltd. (KRW)
|
30,515,008
|
|||
|
1,457,958
|
Taihan Cable & Solution Co.,
Ltd. (KRW) (e)
|
31,901,360
|
|||
|
|
|
407,268,170
|
|||
|
|
Spain — 1.4%
|
|
|||
|
2,918,516
|
Iberdrola S.A. (EUR)
|
72,829,512
|
|||
|
5,590,241
|
Redeia Corp. S.A. (EUR) (f)
|
95,108,191
|
|||
|
|
|
167,937,703
|
|||
|
|
Switzerland — 9.6%
|
|
|||
|
9,067,668
|
ABB Ltd. (CHF)
|
982,854,410
|
|||
|
127,078
|
Belimo Holding AG (CHF)
|
143,120,025
|
|||
|
9,700
|
BKW AG (CHF)
|
1,636,275
|
|||
|
314,606
|
Landis+Gyr Group AG (CHF)
|
16,859,455
|
|||
|
430,912
|
R&S Group Holding AG (CHF)
|
14,537,947
|
|||
|
|
|
1,159,008,112
|
|||
|
|
Taiwan — 1.6%
|
|
|||
|
275,844
|
Advantech Co., Ltd. (TWD)
|
4,260,206
|
|||
|
3,762,240
|
Allis Electric Co., Ltd. (TWD)
|
14,526,251
|
|||
|
212,287
|
Chung-Hsin Electric &
Machinery Manufacturing
Corp. (TWD)
|
1,179,502
|
|||
|
3,568,198
|
Fortune Electric Co., Ltd.
(TWD)
|
86,918,577
|
|||
|
4,449,570
|
Shihlin Electric & Engineering
Corp. (TWD)
|
33,452,263
|
|||
|
10,817,484
|
Ta Ya Electric Wire & Cable
(TWD)
|
12,903,627
|
|||
|
992,954
|
Tatung Co., Ltd. (TWD)
|
850,929
|
|||
|
1,087,356
|
Voltronic Power Technology
Corp. (TWD)
|
37,034,240
|
|||
|
|
|
191,125,595
|
|||
|
|
Turkiye — 0.3%
|
|
|||
|
5,911,623
|
Astor Transformator Enerji
Turizm Insaat Ve Petrol
Sanayi Ticaret A/S (TRY)
|
35,041,697
|
|||
|
|
United Kingdom — 4.2%
|
|
|||
|
30,109,738
|
National Grid PLC (GBP)
|
498,440,794
|
|||
|
520,576
|
SSE PLC (GBP)
|
16,821,063
|
|||
|
|
|
515,261,857
|
|||
|
|
United States — 25.9%
|
|
|||
|
15,291
|
Advanced Energy Industries,
Inc.
|
5,701,555
|
|||
|
311,532
|
AES (The) Corp.
|
4,567,059
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
United States (Continued)
|
|
|||
|
611,024
|
American Superconductor
Corp. (e)
|
$25,363,606
|
|||
|
212,776
|
Analog Devices, Inc.
|
84,508,244
|
|||
|
19,744
|
Arcosa, Inc.
|
2,868,606
|
|||
|
404,690
|
Atkore, Inc.
|
30,772,628
|
|||
|
11,177
|
AZZ, Inc.
|
1,732,994
|
|||
|
12,566
|
Belden, Inc.
|
1,506,789
|
|||
|
1,721,755
|
Cisco Systems, Inc.
|
202,237,342
|
|||
|
15,160
|
Digi International, Inc. (e)
|
1,136,242
|
|||
|
258,573
|
Emerson Electric Co.
|
37,014,725
|
|||
|
14,867
|
EnerSys
|
3,476,202
|
|||
|
1,434,315
|
Enphase Energy, Inc. (e)
|
70,625,671
|
|||
|
10,415
|
ESCO Technologies, Inc.
|
3,645,667
|
|||
|
1,024,547
|
Fluence Energy, Inc. (e)
|
20,367,994
|
|||
|
109,382
|
GE Vernova, Inc.
|
128,508,536
|
|||
|
25,713
|
Generac Holdings, Inc. (e)
|
7,529,023
|
|||
|
146,263
|
Honeywell Aerospace, Inc. (e)
|
32,335,824
|
|||
|
146,031
|
Honeywell International, Inc. (g)
|
32,696,341
|
|||
|
604,175
|
Hubbell, Inc.
|
316,104,360
|
|||
|
410,577
|
International Business Machines
Corp.
|
115,458,358
|
|||
|
476,424
|
Itron, Inc. (e)
|
41,224,969
|
|||
|
10,667
|
Littelfuse, Inc.
|
4,857,005
|
|||
|
28,240
|
MasTec, Inc. (e)
|
11,749,534
|
|||
|
184,468
|
MYR Group, Inc. (e)
|
92,307,787
|
|||
|
1,149,024
|
NVIDIA Corp.
|
229,908,212
|
|||
|
856,609
|
Oracle Corp.
|
125,536,049
|
|||
|
21,547
|
Preformed Line Products Co.
|
8,846,336
|
|||
|
19,932
|
Primoris Services Corp.
|
1,975,660
|
|||
|
455,192
|
QUALCOMM, Inc.
|
84,114,930
|
|||
|
1,363,468
|
Quanta Services, Inc.
|
981,751,499
|
|||
|
754,024
|
SolarEdge Technologies, Inc. (e)
|
44,065,163
|
|||
|
556,701
|
Tesla, Inc. (e)
|
234,148,441
|
|||
|
397,562
|
Texas Instruments, Inc.
|
118,501,305
|
|||
|
94,889
|
Trimble, Inc. (e)
|
4,856,419
|
|||
|
8,866
|
Valmont Industries, Inc.
|
5,121,002
|
|||
|
21,998
|
WESCO International, Inc.
|
7,598,769
|
|||
|
193,586
|
Willdan Group, Inc. (e)
|
15,312,653
|
|||
|
|
|
3,140,033,499
|
|||
|
|
Total Common Stocks
|
12,084,677,399
|
|||
|
|
(Cost $9,662,056,775)
|
|
|||
|
MONEY MARKET FUNDS — 0.0%
|
|||||
|
3,774,017
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (h)
|
3,774,017
|
|||
|
|
(Cost $3,774,017)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 0.6%
|
|||||
|
$65,998,064
|
Bank of America Corp.,
3.64% (h), dated 06/30/26,
due 07/01/26, with a maturity
value of $66,004,737.
Collateralized by
U.S. Treasury Securities,
interest rates of 0.00% to
4.38%, due 11/30/29 to
11/15/42. The value of the
collateral including accrued
interest is $67,318,029. (i)
|
$65,998,064
|
|||
|
|
(Cost $65,998,064)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.3%
|
12,154,449,480
|
|||
|
|
(Cost $9,731,828,856)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.3)%
|
(39,629,216
)
|
|||
|
|
Net Assets — 100.0%
|
$12,114,820,264
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(d)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(e)
|
Non-income producing security.
|
|
(f)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $62,156,918 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $65,998,064.
|
|
(g)
|
This security is fair valued by the Advisor’s Pricing
Committee in accordance with procedures approved by the
Trust’s Board of Trustees, and in accordance with provisions
of the Investment Company Act of 1940 and rules
thereunder, as amended. At June 30, 2026, securities noted as
such are valued at $32,696,341 or 0.3% of net assets.
|
|
(h)
|
Rate shown reflects yield as of June 30, 2026.
|
|
(i)
|
This security serves as collateral for securities on loan.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
BRL
|
– Brazilian Real
|
|
CAD
|
– Canadian Dollar
|
|
CHF
|
– Swiss Franc
|
|
DKK
|
– Danish Krone
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
HKD
|
– Hong Kong Dollar
|
|
JPY
|
– Japanese Yen
|
|
KRW
|
– South Korean Won
|
|
TRY
|
– Turkish Lira
|
|
TWD
|
– New Taiwan Dollar
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Investments
|
|
Industrials
|
66.9%
|
|
Utilities
|
17.2
|
|
Information Technology
|
11.4
|
|
Consumer Discretionary
|
3.9
|
|
Repurchase Agreements
|
0.6
|
|
Money Market Funds
|
0.0‡
|
|
Materials
|
0.0‡
|
|
Total
|
100.0%
|
|
‡
|
Amount is less than 0.1%.
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
47.3%
|
|
EUR
|
25.3
|
|
CHF
|
9.5
|
|
GBP
|
4.2
|
|
KRW
|
3.3
|
|
JPY
|
2.7
|
|
BRL
|
2.7
|
|
CAD
|
1.9
|
|
TWD
|
1.6
|
|
DKK
|
0.9
|
|
HKD
|
0.3
|
|
TRY
|
0.3
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common
Stocks:
|
|
|
|
|
|
United States
|
$3,140,033,499
|
$3,107,337,158
|
$32,696,341
|
$—
|
|
Other
Country
Categories*
|
8,944,643,900
|
8,944,643,900
|
—
|
—
|
|
Money Market
Funds
|
3,774,017
|
3,774,017
|
—
|
—
|
|
Repurchase
Agreements
|
65,998,064
|
—
|
65,998,064
|
—
|
|
Total
Investments
|
$12,154,449,480
|
$12,055,755,075
|
$98,694,405
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.8%
|
|||||
|
|
Australia — 2.8%
|
|
|||
|
332,150
|
Origin Energy Ltd. (AUD)
|
$2,524,999
|
|||
|
259,452
|
Perseus Mining Ltd. (AUD)
|
862,229
|
|||
|
|
|
3,387,228
|
|||
|
|
Brazil — 3.9%
|
|
|||
|
453,477
|
Axia Energia S.A., ADR
|
4,788,717
|
|||
|
|
Canada — 17.8%
|
|
|||
|
319,308
|
Barrick Mining Corp.
|
11,728,183
|
|||
|
19,305
|
Lundin Gold, Inc. (CAD)
|
1,041,442
|
|||
|
92,738
|
Nutrien Ltd.
|
5,837,857
|
|||
|
38,535
|
Peyto Exploration &
Development Corp. (CAD) (c)
|
642,862
|
|||
|
234,005
|
Whitecap Resources, Inc. (CAD)
|
2,430,385
|
|||
|
|
|
21,680,729
|
|||
|
|
China — 4.4%
|
|
|||
|
709,236
|
Aluminum Corp. of China Ltd.,
Class H (HKD)
|
674,615
|
|||
|
196,432
|
Jiangxi Copper Co., Ltd.,
Class H (HKD)
|
774,422
|
|||
|
1,124,456
|
Zijin Mining Group Co., Ltd.,
Class H (HKD)
|
3,928,431
|
|||
|
|
|
5,377,468
|
|||
|
|
France — 13.9%
|
|
|||
|
141,255
|
TotalEnergies SE (EUR)
|
10,979,865
|
|||
|
142,011
|
Veolia Environnement S.A.
(EUR)
|
5,912,798
|
|||
|
|
|
16,892,663
|
|||
|
|
Germany — 7.3%
|
|
|||
|
427,833
|
E.ON SE (EUR)
|
8,811,346
|
|||
|
|
Indonesia — 0.2%
|
|
|||
|
1,641,780
|
ANTAM Persero Tbk (IDR)
|
237,819
|
|||
|
|
Israel — 0.4%
|
|
|||
|
1,759
|
Delek Group Ltd. (ILS)
|
449,111
|
|||
|
|
Japan — 2.2%
|
|
|||
|
8,700
|
Nittetsu Mining Co., Ltd. (JPY)
|
123,120
|
|||
|
31,800
|
Rengo Co., Ltd. (JPY)
|
277,232
|
|||
|
5,500
|
Sakata Seed Corp. (JPY)
|
141,394
|
|||
|
45,000
|
Sumitomo Metal Mining Co.,
Ltd. (JPY)
|
2,067,130
|
|||
|
|
|
2,608,876
|
|||
|
|
New Zealand — 0.4%
|
|
|||
|
137,004
|
Mercury NZ Ltd. (NZD)
|
536,898
|
|||
|
|
Norway — 1.5%
|
|
|||
|
59,630
|
Aker BP ASA (NOK)
|
1,826,521
|
|||
|
|
Peru — 1.2%
|
|
|||
|
49,238
|
Cia de Minas Buenaventura
S.A.A., ADR
|
1,442,181
|
|||
|
|
Romania — 0.5%
|
|
|||
|
2,809,206
|
OMV Petrom S.A. (RON)
|
649,428
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Singapore — 0.2%
|
|
|||
|
50,500
|
Bumitama Agri Ltd. (SGD)
|
$64,016
|
|||
|
64,700
|
First Resources Ltd. (SGD)
|
155,530
|
|||
|
|
|
219,546
|
|||
|
|
South Africa — 6.0%
|
|
|||
|
160,108
|
Gold Fields Ltd., ADR
|
5,378,028
|
|||
|
123,584
|
Harmony Gold Mining Co., Ltd.,
ADR
|
1,879,712
|
|||
|
|
|
7,257,740
|
|||
|
|
Sweden — 0.9%
|
|
|||
|
111,401
|
Svenska Cellulosa AB S.C.A.,
Class B (SEK)
|
1,138,556
|
|||
|
|
Switzerland — 2.7%
|
|
|||
|
31,197
|
Bunge Global S.A.
|
3,329,656
|
|||
|
|
Thailand — 2.2%
|
|
|||
|
2,463,900
|
PTT PCL (THB)
|
2,632,966
|
|||
|
|
United Arab Emirates — 1.1%
|
|
|||
|
1,746,681
|
Dubai Electricity & Water
Authority PJSC (AED)
|
1,322,090
|
|||
|
|
United Kingdom — 12.9%
|
|
|||
|
97,192
|
Anglogold Ashanti PLC
|
7,861,861
|
|||
|
42,141
|
Endeavour Mining PLC (CAD)
|
2,112,918
|
|||
|
34,025
|
Fresnillo PLC (GBP)
|
1,237,084
|
|||
|
50,887
|
Severn Trent PLC (GBP)
|
1,995,278
|
|||
|
141,974
|
United Utilities Group PLC
(GBP)
|
2,465,134
|
|||
|
|
|
15,672,275
|
|||
|
|
United States — 17.3%
|
|
|||
|
137,582
|
AES (The) Corp.
|
2,016,952
|
|||
|
37,820
|
American Water Works Co., Inc.
|
4,976,356
|
|||
|
14,696
|
Black Hills Corp.
|
1,093,382
|
|||
|
11,524
|
California Water Service Group
|
560,643
|
|||
|
29,654
|
CF Industries Holdings, Inc.
|
3,210,342
|
|||
|
54,910
|
Essential Utilities, Inc.
|
2,103,602
|
|||
|
7,571
|
H2O America
|
460,090
|
|||
|
61,494
|
Mosaic (The) Co.
|
1,303,058
|
|||
|
19,890
|
Northern Oil & Gas, Inc.
|
361,003
|
|||
|
22,069
|
Select Water Solutions, Inc.
|
440,939
|
|||
|
6,384
|
Sylvamo Corp.
|
241,315
|
|||
|
10,752
|
UFP Industries, Inc.
|
975,636
|
|||
|
139,286
|
Weyerhaeuser Co.
|
3,334,507
|
|||
|
|
|
21,077,825
|
|||
|
|
Total Common Stocks
|
121,339,639
|
|||
|
|
(Cost $121,808,300)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 0.5%
|
|||||
|
$623,386
|
Daiwa Capital Markets America,
Inc., 3.64% (d), dated
06/30/26, due 07/01/26, with a
maturity value of $623,449.
Collateralized by
U.S. Treasury Securities,
interest rates of 2.13% to
4.13%, due 06/30/27 to
01/15/35. The value of the
collateral including accrued
interest is $635,854. (e)
|
$623,386
|
|||
|
|
(Cost $623,386)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.3%
|
121,963,025
|
|||
|
|
(Cost $122,431,686)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.3)%
|
(305,626
)
|
|||
|
|
Net Assets — 100.0%
|
$121,657,399
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $585,507 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $623,386.
|
|
(d)
|
Rate shown reflects yield as of June 30, 2026.
|
|
(e)
|
This security serves as collateral for securities on loan.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
AED
|
– United Arab Emirates Dirham
|
|
AUD
|
– Australian Dollar
|
|
CAD
|
– Canadian Dollar
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
HKD
|
– Hong Kong Dollar
|
|
IDR
|
– Indonesian Rupiah
|
|
ILS
|
– Israeli Shekel
|
|
JPY
|
– Japanese Yen
|
|
NOK
|
– Norwegian Krone
|
|
NZD
|
– New Zealand Dollar
|
|
RON
|
– Romanian New Leu
|
|
SEK
|
– Swedish Krona
|
|
SGD
|
– Singapore Dollar
|
|
THB
|
– Thai Baht
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Investments
|
|
Materials
|
43.8%
|
|
Utilities
|
32.5
|
|
Energy
|
16.7
|
|
Consumer Staples
|
3.0
|
|
Real Estate
|
2.7
|
|
Industrials
|
0.8
|
|
Repurchase Agreements
|
0.5
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
52.4%
|
|
EUR
|
21.1
|
|
CAD
|
5.1
|
|
GBP
|
4.7
|
|
HKD
|
4.4
|
|
AUD
|
2.8
|
|
THB
|
2.2
|
|
JPY
|
2.1
|
|
NOK
|
1.5
|
|
AED
|
1.1
|
|
SEK
|
0.9
|
|
RON
|
0.5
|
|
NZD
|
0.4
|
|
ILS
|
0.4
|
|
IDR
|
0.2
|
|
SGD
|
0.2
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks:
|
|
|
|
|
|
Thailand
|
$2,632,966
|
$—
|
$2,632,966
|
$—
|
|
Other Country
Categories*
|
118,706,673
|
118,706,673
|
—
|
—
|
|
Repurchase
Agreements
|
623,386
|
—
|
623,386
|
—
|
|
Total Investments
|
$121,963,025
|
$118,706,673
|
$3,256,352
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.6%
|
|||||
|
|
Australia — 1.0%
|
|
|||
|
50,667
|
Dyno Nobel Ltd. (AUD)
|
$137,511
|
|||
|
|
Bermuda — 0.2%
|
|
|||
|
202,498
|
Sinofert Holdings Ltd. (HKD)
|
33,049
|
|||
|
|
Brazil — 0.3%
|
|
|||
|
14,449
|
Tres Tentos Agroindustrial S.A.
(BRL)
|
42,264
|
|||
|
|
Canada — 4.1%
|
|
|||
|
9,288
|
Nutrien Ltd. (CAD)
|
585,146
|
|||
|
|
Chile — 2.2%
|
|
|||
|
4,114
|
Sociedad Quimica y Minera de
Chile S.A., ADR
|
304,601
|
|||
|
|
China — 0.4%
|
|
|||
|
12,148
|
First Tractor Co., Ltd., Class H
(HKD)
|
10,362
|
|||
|
44,755
|
Zoomlion Heavy Industry
Science and Technology Co.,
Ltd., Class H (HKD)
|
39,375
|
|||
|
|
|
49,737
|
|||
|
|
Germany — 21.6%
|
|
|||
|
23,336
|
BASF SE (EUR)
|
1,247,324
|
|||
|
25,648
|
Bayer AG (EUR)
|
1,418,670
|
|||
|
13,435
|
Evonik Industries AG (EUR)
|
243,770
|
|||
|
5,164
|
K+S AG (EUR)
|
77,944
|
|||
|
951
|
KWS Saat SE & Co. KGaA
(EUR)
|
73,237
|
|||
|
|
|
3,060,945
|
|||
|
|
India — 10.2%
|
|
|||
|
1,247
|
BASF India Ltd. (INR)
|
47,475
|
|||
|
11,541
|
Chambal Fertilisers and
Chemicals Ltd. (INR)
|
57,054
|
|||
|
8,498
|
Coromandel International Ltd.
(INR)
|
179,999
|
|||
|
3,223
|
Escorts Kubota Ltd. (INR)
|
99,963
|
|||
|
19,642
|
Mahindra & Mahindra Ltd.
(INR)
|
636,786
|
|||
|
29,904
|
Paradeep Phosphates Ltd.
(INR) (c) (d)
|
42,974
|
|||
|
4,370
|
PI Industries Ltd. (INR)
|
117,958
|
|||
|
14,378
|
Sumitomo Chemical India Ltd.
(INR)
|
63,924
|
|||
|
7,338
|
Tata Chemicals Ltd. (INR)
|
55,501
|
|||
|
24,316
|
UPL Ltd. (INR)
|
146,730
|
|||
|
|
|
1,448,364
|
|||
|
|
Israel — 1.3%
|
|
|||
|
37,284
|
ICL Group Ltd. (ILS)
|
187,181
|
|||
|
|
Japan — 8.1%
|
|
|||
|
32,800
|
Kubota Corp. (JPY)
|
541,741
|
|||
|
11,600
|
Mitsui Chemicals, Inc. (JPY)
|
152,174
|
|||
|
1,600
|
Nippon Soda Co., Ltd. (JPY)
|
34,786
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Japan (Continued)
|
|
|||
|
3,900
|
Nissan Chemical Corp. (JPY)
|
$203,233
|
|||
|
1,300
|
Sakata Seed Corp. (JPY)
|
33,421
|
|||
|
47,800
|
Sumitomo Chemical Co., Ltd.
(JPY)
|
150,960
|
|||
|
1,300
|
YAMABIKO Corp. (JPY)
|
30,182
|
|||
|
|
|
1,146,497
|
|||
|
|
Malaysia — 1.6%
|
|
|||
|
230,401
|
Petronas Chemicals Group Bhd
(MYR)
|
228,847
|
|||
|
|
Mexico — 0.5%
|
|
|||
|
56,763
|
Orbia Advance Corp. S.A.B. de
C.V. (MXN) (e)
|
73,260
|
|||
|
|
Netherlands — 2.8%
|
|
|||
|
35,715
|
CNH Industrial N.V.
|
401,079
|
|||
|
|
Qatar — 3.7%
|
|
|||
|
174,309
|
Industries Qatar QSC (QAR)
|
526,613
|
|||
|
|
Russia — 0.0%
|
|
|||
|
1,918
|
PhosAgro PJSC
(RUB) (e) (f) (g) (h)
|
0
|
|||
|
|
Singapore — 3.9%
|
|
|||
|
36,658
|
China XLX Fertiliser Ltd.
(HKD)
|
42,674
|
|||
|
184,600
|
Wilmar International Ltd. (SGD)
|
515,097
|
|||
|
|
|
557,771
|
|||
|
|
Switzerland — 4.5%
|
|
|||
|
296
|
Bucher Industries AG (CHF)
|
116,495
|
|||
|
4,864
|
Bunge Global S.A.
|
519,135
|
|||
|
|
|
635,630
|
|||
|
|
Taiwan — 0.3%
|
|
|||
|
28,238
|
Taiwan Fertilizer Co., Ltd.
(TWD)
|
42,060
|
|||
|
|
Turkiye — 0.8%
|
|
|||
|
9,621
|
Gubre Fabrikalari T.A.S.
(TRY) (e)
|
91,319
|
|||
|
2,883
|
Turk Traktor ve Ziraat
Makineleri A/S (TRY) (e)
|
27,100
|
|||
|
|
|
118,419
|
|||
|
|
United States — 32.1%
|
|
|||
|
2,086
|
AGCO Corp.
|
249,694
|
|||
|
350
|
Alamo Group, Inc.
|
57,572
|
|||
|
4,425
|
CF Industries Holdings, Inc.
|
479,051
|
|||
|
17,444
|
Corteva, Inc.
|
1,477,332
|
|||
|
2,348
|
Deere & Co.
|
1,489,407
|
|||
|
3,602
|
FMC Corp.
|
41,423
|
|||
|
299
|
Lindsay Corp.
|
37,016
|
|||
|
9,155
|
Mosaic (The) Co.
|
193,995
|
|||
|
1,676
|
Scotts Miracle-Gro (The) Co.
|
114,152
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
United States (Continued)
|
|
|||
|
1,276
|
SiteOne Landscape Supply,
Inc. (e)
|
$145,987
|
|||
|
2,743
|
Toro (The) Co.
|
267,223
|
|||
|
|
|
4,552,852
|
|||
|
|
Total Common Stocks
|
14,131,826
|
|||
|
|
(Cost $14,445,831)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
4,283
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares - 3.54% (i)
|
4,283
|
|||
|
|
(Cost $4,283)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 99.7%
|
14,136,109
|
|||
|
|
(Cost $14,450,114)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.3%
|
48,811
|
|||
|
|
Net Assets — 100.0%
|
$14,184,920
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(d)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(e)
|
Non-income producing security.
|
|
(f)
|
Pursuant to procedures adopted by the Trust’s Board of
Trustees, this security has been determined to be illiquid by
First Trust Advisors L.P., the Fund’s advisor.
|
|
(g)
|
This security is fair valued by the Advisor’s Pricing
Committee in accordance with procedures approved by the
Trust’s Board of Trustees, and in accordance with provisions
of the Investment Company Act of 1940 and rules
thereunder, as amended. At June 30, 2026, securities noted as
such are valued at $0 or 0.0% of net assets.
|
|
(h)
|
This security’s value was determined using significant
unobservable inputs (see Valuation Inputs in the Additional
Information section).
|
|
(i)
|
Rate shown reflects yield as of June 30, 2026.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
AUD
|
– Australian Dollar
|
|
BRL
|
– Brazilian Real
|
|
CAD
|
– Canadian Dollar
|
|
CHF
|
– Swiss Franc
|
|
EUR
|
– Euro
|
|
HKD
|
– Hong Kong Dollar
|
|
ILS
|
– Israeli Shekel
|
|
INR
|
– Indian Rupee
|
|
JPY
|
– Japanese Yen
|
|
MXN
|
– Mexican Peso
|
|
MYR
|
– Malaysian Ringgit
|
|
QAR
|
– Qatari Riyal
|
|
RUB
|
– Russian Ruble
|
|
SGD
|
– Singapore Dollar
|
|
TRY
|
– Turkish Lira
|
|
TWD
|
– New Taiwan Dollar
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Investments
|
|
Materials
|
48.5%
|
|
Industrials
|
28.6
|
|
Health Care
|
10.0
|
|
Consumer Staples
|
8.3
|
|
Consumer Discretionary
|
4.5
|
|
Money Market Funds
|
0.1
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
40.9%
|
|
EUR
|
21.7
|
|
INR
|
10.3
|
|
JPY
|
8.1
|
|
CAD
|
4.1
|
|
QAR
|
3.7
|
|
SGD
|
3.7
|
|
MYR
|
1.6
|
|
ILS
|
1.3
|
|
AUD
|
1.0
|
|
HKD
|
0.9
|
|
TRY
|
0.8
|
|
CHF
|
0.8
|
|
MXN
|
0.5
|
|
BRL
|
0.3
|
|
TWD
|
0.3
|
|
RUB
|
0.0‡
|
|
Total
|
100.0%
|
|
‡
|
Investment is valued at $0.
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks:
|
|
|
|
|
|
Russia
|
$—
**
|
$—
|
$—
|
$—
**
|
|
Other Country
Categories*
|
14,131,826
|
14,131,826
|
—
|
—
|
|
Money Market Funds
|
4,283
|
4,283
|
—
|
—
|
|
Total Investments
|
$14,136,109
|
$14,136,109
|
$—
|
$—
**
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
**
|
Investment is valued at $0.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.3%
|
|||||
|
|
Australia — 0.5%
|
|
|||
|
785,334
|
Telstra Group Ltd. (AUD)
|
$2,762,121
|
|||
|
|
Brazil — 0.5%
|
|
|||
|
222,793
|
Telefonica Brasil S.A., ADR
|
2,931,956
|
|||
|
|
Canada — 1.3%
|
|
|||
|
115,328
|
BCE, Inc. (CAD)
|
2,484,238
|
|||
|
73,825
|
Rogers Communications, Inc.,
Class B (CAD)
|
2,401,752
|
|||
|
239,907
|
TELUS Corp. (CAD)
|
2,537,356
|
|||
|
|
|
7,423,346
|
|||
|
|
Cayman Islands — 1.1%
|
|
|||
|
2,174,888
|
Xiaomi Corp., Class B
(HKD) (c) (d) (e)
|
6,000,953
|
|||
|
|
China — 2.3%
|
|
|||
|
5,901,583
|
China Tower Corp., Ltd.,
Class H (HKD) (c) (e)
|
6,629,344
|
|||
|
2,134,408
|
ZTE Corp., Class H (HKD) (f)
|
6,215,837
|
|||
|
|
|
12,845,181
|
|||
|
|
Finland — 2.5%
|
|
|||
|
157,675
|
Elisa Oyj (EUR)
|
6,619,035
|
|||
|
545,103
|
Nokia Oyj, ADR
|
7,238,968
|
|||
|
|
|
13,858,003
|
|||
|
|
France — 0.5%
|
|
|||
|
137,201
|
Orange S.A. (EUR)
|
2,587,411
|
|||
|
|
Germany — 1.8%
|
|
|||
|
86,356
|
Deutsche Telekom AG (EUR)
|
2,353,280
|
|||
|
84,191
|
Infineon Technologies AG
(EUR)
|
7,856,352
|
|||
|
|
|
10,209,632
|
|||
|
|
Hong Kong — 1.3%
|
|
|||
|
2,489,320
|
Lenovo Group Ltd. (HKD)
|
7,306,546
|
|||
|
|
India — 6.8%
|
|
|||
|
153,271
|
Bharti Airtel Ltd. (INR)
|
2,998,750
|
|||
|
614,732
|
HCL Technologies Ltd. (INR)
|
6,960,474
|
|||
|
621,121
|
Infosys Ltd., ADR (f)
|
6,515,559
|
|||
|
323,092
|
Tata Consultancy Services Ltd.
(INR)
|
6,933,975
|
|||
|
470,684
|
Tech Mahindra Ltd. (INR)
|
6,984,772
|
|||
|
3,478,278
|
Wipro Ltd., ADR (f)
|
7,826,126
|
|||
|
|
|
38,219,656
|
|||
|
|
Indonesia — 0.4%
|
|
|||
|
18,247,670
|
Telkom Indonesia Persero Tbk
PT (IDR)
|
2,398,324
|
|||
|
|
Italy — 1.9%
|
|
|||
|
46,389
|
Prysmian S.p.A. (EUR)
|
7,741,217
|
|||
|
322,259
|
Telecom Italia S.p.A. (EUR) (d)
|
2,930,230
|
|||
|
|
|
10,671,447
|
|||
|
|
Japan — 11.9%
|
|
|||
|
279,500
|
Fujikura Ltd. (JPY)
|
10,723,091
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Japan (Continued)
|
|
|||
|
348,720
|
Fujitsu Ltd. (JPY)
|
$6,963,891
|
|||
|
166,596
|
KDDI Corp. (JPY)
|
2,812,547
|
|||
|
329,584
|
Kyocera Corp. (JPY)
|
7,218,233
|
|||
|
210,365
|
Mitsubishi Electric Corp. (JPY)
|
7,602,354
|
|||
|
292,395
|
NEC Corp. (JPY)
|
7,058,337
|
|||
|
7,867,850
|
NTT, Inc. (JPY)
|
7,016,441
|
|||
|
272,159
|
Renesas Electronics Corp. (JPY)
|
8,046,178
|
|||
|
2,134,080
|
SoftBank Corp. (JPY)
|
2,731,339
|
|||
|
346,280
|
Sony Group Corp. (JPY)
|
6,985,445
|
|||
|
|
|
67,157,856
|
|||
|
|
Malaysia — 0.5%
|
|
|||
|
4,257,055
|
CelcomDigi Bhd (MYR)
|
2,787,575
|
|||
|
|
Mexico — 0.5%
|
|
|||
|
2,244,226
|
America Movil S.A.B. de C.V.,
Series B (MXN)
|
2,906,746
|
|||
|
|
Netherlands — 3.1%
|
|
|||
|
555,339
|
Koninklijke KPN N.V. (EUR)
|
2,738,623
|
|||
|
25,579
|
NXP Semiconductors N.V.
|
7,188,466
|
|||
|
103,094
|
STMicroelectronics N.V. (EUR)
|
7,600,120
|
|||
|
|
|
17,527,209
|
|||
|
|
Norway — 0.5%
|
|
|||
|
181,706
|
Telenor ASA (NOK)
|
2,603,012
|
|||
|
|
Qatar — 0.5%
|
|
|||
|
747,620
|
Ooredoo QPSC (QAR)
|
2,720,672
|
|||
|
|
Singapore — 0.5%
|
|
|||
|
860,452
|
Singapore Telecommunications
Ltd. (SGD)
|
2,933,019
|
|||
|
|
South Africa — 1.1%
|
|
|||
|
220,147
|
MTN Group Ltd. (ZAR)
|
3,062,436
|
|||
|
319,026
|
Vodacom Group Ltd. (ZAR)
|
2,955,957
|
|||
|
|
|
6,018,393
|
|||
|
|
South Korea — 4.5%
|
|
|||
|
155,814
|
KT Corp., ADR
|
2,692,466
|
|||
|
49,720
|
LG Electronics, Inc. (KRW)
|
6,514,658
|
|||
|
36,818
|
Samsung Electronics Co., Ltd.
(KRW)
|
7,937,270
|
|||
|
49,499
|
Samsung SDS Co., Ltd. (KRW)
|
6,095,920
|
|||
|
41,201
|
SK Telecom Co., Ltd. (KRW)
|
2,350,848
|
|||
|
|
|
25,591,162
|
|||
|
|
Spain — 0.9%
|
|
|||
|
87,117
|
Cellnex Telecom S.A.
(EUR) (c) (e)
|
2,602,959
|
|||
|
627,823
|
Telefonica S.A. (EUR)
|
2,522,195
|
|||
|
|
|
5,125,154
|
|||
|
|
Sweden — 2.1%
|
|
|||
|
150,077
|
Tele2 AB, Class B (SEK)
|
2,610,311
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
Sweden (Continued)
|
|
|||
|
620,759
|
Telefonaktiebolaget LM
Ericsson, Class B (SEK)
|
$6,923,748
|
|||
|
539,836
|
Telia Co., AB (SEK)
|
2,628,376
|
|||
|
|
|
12,162,435
|
|||
|
|
Switzerland — 0.5%
|
|
|||
|
3,456
|
Swisscom AG (CHF)
|
2,666,851
|
|||
|
|
Taiwan — 11.4%
|
|
|||
|
497,176
|
Advantech Co., Ltd. (TWD)
|
7,678,514
|
|||
|
429,380
|
ASE Technology Holding Co.,
Ltd. (TWD)
|
9,165,426
|
|||
|
628,453
|
Chunghwa Telecom Co., Ltd.
(TWD)
|
2,791,459
|
|||
|
105,198
|
Delta Electronics, Inc. (TWD)
|
6,439,380
|
|||
|
849,740
|
Far EasTone
Telecommunications Co., Ltd.
(TWD)
|
2,800,769
|
|||
|
55,701
|
MediaTek, Inc. (TWD)
|
7,422,371
|
|||
|
766,926
|
Taiwan Mobile Co., Ltd. (TWD)
|
2,804,667
|
|||
|
17,870
|
Taiwan Semiconductor
Manufacturing Co., Ltd., ADR
|
8,534,176
|
|||
|
1,953,043
|
United Microelectronics Corp.
(TWD)
|
10,085,087
|
|||
|
45,693
|
Wiwynn Corp. (TWD)
|
6,648,158
|
|||
|
|
|
64,370,007
|
|||
|
|
Thailand — 0.5%
|
|
|||
|
265,300
|
Advanced Info Service PCL
(THB)
|
2,930,874
|
|||
|
|
United Arab Emirates — 0.5%
|
|
|||
|
576,401
|
Emirates Telecommunications
Group Co. PJSC (AED)
|
3,013,205
|
|||
|
|
United Kingdom — 2.1%
|
|
|||
|
613,855
|
Airtel Africa PLC (GBP) (c) (e)
|
2,667,483
|
|||
|
2,688,972
|
BT Group PLC (GBP)
|
6,780,480
|
|||
|
1,889,453
|
Vodafone Group PLC (GBP)
|
2,496,246
|
|||
|
|
|
11,944,209
|
|||
|
|
United States — 37.3%
|
|
|||
|
16,146
|
Advanced Micro Devices,
Inc. (d)
|
9,379,373
|
|||
|
37,945
|
American Tower Corp.
|
6,206,664
|
|||
|
18,602
|
Analog Devices, Inc.
|
7,388,156
|
|||
|
25,051
|
Apple, Inc.
|
7,248,757
|
|||
|
48,131
|
Arista Networks, Inc. (d)
|
8,176,494
|
|||
|
123,059
|
AT&T, Inc.
|
2,547,321
|
|||
|
19,630
|
Broadcom, Inc.
|
7,415,233
|
|||
|
16,805
|
Ciena Corp. (d)
|
8,243,861
|
|||
|
61,485
|
Cisco Systems, Inc.
|
7,222,028
|
|||
|
78,222
|
Crown Castle, Inc.
|
5,923,752
|
|||
|
40,405
|
Digital Realty Trust, Inc.
|
7,255,930
|
|||
|
24,785
|
EchoStar Corp., Class A (d)
|
2,515,678
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
United States (Continued)
|
|
|||
|
7,035
|
Equinix, Inc.
|
$7,333,214
|
|||
|
18,692
|
F5, Inc. (d)
|
7,775,124
|
|||
|
160,571
|
Hewlett Packard Enterprise Co.
|
7,243,358
|
|||
|
68,240
|
Intel Corp. (d)
|
9,528,351
|
|||
|
26,819
|
International Business Machines
Corp.
|
7,541,771
|
|||
|
22,544
|
Keysight Technologies, Inc. (d)
|
7,891,978
|
|||
|
28,918
|
Marvell Technology, Inc.
|
8,614,383
|
|||
|
83,089
|
Microchip Technology, Inc.
|
7,577,717
|
|||
|
8,190
|
Micron Technology, Inc.
|
9,453,635
|
|||
|
17,745
|
Motorola Solutions, Inc.
|
7,369,321
|
|||
|
36,445
|
NVIDIA Corp.
|
7,292,280
|
|||
|
76,888
|
Qorvo, Inc. (d)
|
7,171,344
|
|||
|
38,203
|
QUALCOMM, Inc.
|
7,059,532
|
|||
|
35,231
|
SBA Communications Corp.
|
6,216,862
|
|||
|
103,918
|
Skyworks Solutions, Inc.
|
7,045,640
|
|||
|
17,746
|
Space Exploration Technologies
Corp., Class A (d)
|
3,032,082
|
|||
|
249,552
|
Super Micro Computer, Inc. (d)
|
7,319,360
|
|||
|
15,393
|
T-Mobile US, Inc.
|
2,581,868
|
|||
|
60,835
|
Verizon Communications, Inc.
|
2,575,754
|
|||
|
|
|
210,146,821
|
|||
|
|
Total Common Stocks
|
559,819,776
|
|||
|
|
(Cost $398,153,453)
|
|
|||
|
MONEY MARKET FUNDS — 0.5%
|
|||||
|
2,974,757
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (g)
|
2,974,757
|
|||
|
|
(Cost $2,974,757)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 2.8%
|
|||||
|
$15,686,364
|
Mizuho Financial Group, Inc.,
3.64% (g), dated 06/30/26,
due 07/01/26, with a maturity
value of $15,687,950.
Collateralized by
U.S. Treasury Securities,
interest rates of 3.38% to
4.25%, due 03/15/27 to
08/31/31. The value of the
collateral including accrued
interest is $16,000,091. (h)
|
15,686,364
|
|||
|
|
(Cost $15,686,364)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 102.6%
|
578,480,897
|
|||
|
|
(Cost $416,814,574)
|
|
|||
|
|
Net Other Assets and
Liabilities — (2.6)%
|
(14,551,393
)
|
|||
|
|
Net Assets — 100.0%
|
$563,929,504
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(d)
|
Non-income producing security.
|
|
(e)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(f)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $15,152,310 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $15,686,364.
|
|
(g)
|
Rate shown reflects yield as of June 30, 2026.
|
|
(h)
|
This security serves as collateral for securities on loan.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
AED
|
– United Arab Emirates Dirham
|
|
AUD
|
– Australian Dollar
|
|
CAD
|
– Canadian Dollar
|
|
CHF
|
– Swiss Franc
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
HKD
|
– Hong Kong Dollar
|
|
IDR
|
– Indonesian Rupiah
|
|
INR
|
– Indian Rupee
|
|
JPY
|
– Japanese Yen
|
|
KRW
|
– South Korean Won
|
|
MXN
|
– Mexican Peso
|
|
MYR
|
– Malaysian Ringgit
|
|
NOK
|
– Norwegian Krone
|
|
QAR
|
– Qatari Riyal
|
|
SEK
|
– Swedish Krona
|
|
SGD
|
– Singapore Dollar
|
|
THB
|
– Thai Baht
|
|
TWD
|
– New Taiwan Dollar
|
|
USD
|
– United States Dollar
|
|
ZAR
|
– South African Rand
|
|
Sector Allocation
|
% of Total
Investments
|
|
Information Technology
|
61.3%
|
|
Communication Services
|
22.9
|
|
Real Estate
|
5.7
|
|
Industrials
|
4.5
|
|
Repurchase Agreements
|
2.7
|
|
Consumer Discretionary
|
2.4
|
|
Money Market Funds
|
0.5
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
47.0%
|
|
JPY
|
11.6
|
|
TWD
|
9.6
|
|
EUR
|
7.9
|
|
HKD
|
4.5
|
|
INR
|
4.1
|
|
KRW
|
4.0
|
|
SEK
|
2.1
|
|
GBP
|
2.1
|
|
CAD
|
1.3
|
|
ZAR
|
1.0
|
|
AED
|
0.5
|
|
SGD
|
0.5
|
|
THB
|
0.5
|
|
MXN
|
0.5
|
|
MYR
|
0.5
|
|
AUD
|
0.5
|
|
QAR
|
0.5
|
|
CHF
|
0.5
|
|
NOK
|
0.4
|
|
IDR
|
0.4
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks:
|
|
|
|
|
|
Thailand
|
$2,930,874
|
$—
|
$2,930,874
|
$—
|
|
Other Country
Categories*
|
556,888,902
|
556,888,902
|
—
|
—
|
|
Money Market Funds
|
2,974,757
|
2,974,757
|
—
|
—
|
|
Repurchase
Agreements
|
15,686,364
|
—
|
15,686,364
|
—
|
|
Total Investments
|
$578,480,897
|
$559,863,659
|
$18,617,238
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.8%
|
|||||
|
|
Australia — 1.4%
|
|
|||
|
34,184
|
IGO Ltd. (AUD) (c)
|
$174,427
|
|||
|
145,683
|
Liontown Ltd. (AUD) (c)
|
169,955
|
|||
|
286,862
|
Nickel Industries Ltd. (AUD) (c)
|
188,678
|
|||
|
52,502
|
PLS Group Ltd. (AUD) (c)
|
182,475
|
|||
|
|
|
715,535
|
|||
|
|
Austria — 0.6%
|
|
|||
|
15,702
|
ams-OSRAM AG (CHF) (c)
|
339,109
|
|||
|
|
Canada — 0.8%
|
|
|||
|
3,400
|
Magna International, Inc.
|
223,244
|
|||
|
14,307
|
Sigma Lithium Corp. (c)
|
180,984
|
|||
|
|
|
404,228
|
|||
|
|
Cayman Islands — 3.9%
|
|
|||
|
3,690
|
Ambarella, Inc. (c)
|
316,602
|
|||
|
1,814
|
Baidu, Inc., ADR (c)
|
207,322
|
|||
|
96,740
|
Black Sesame International
Holding Ltd. (HKD) (c) (d)
|
132,229
|
|||
|
63,141
|
Geely Automobile Holdings Ltd.
(HKD)
|
135,736
|
|||
|
9,023
|
Hesai Group, ADR (c) (d)
|
164,399
|
|||
|
220,242
|
Horizon Robotics (HKD) (c) (d)
|
114,574
|
|||
|
21,365
|
Li Auto, Inc., Class A (HKD) (c)
|
125,528
|
|||
|
32,364
|
NIO, Inc., ADR (c)
|
163,762
|
|||
|
20,966
|
Pony AI, Inc., ADR (c)
|
145,714
|
|||
|
42,811
|
RoboSense Technology Co., Ltd.
(HKD) (c)
|
121,290
|
|||
|
25,882
|
WeRide, Inc., ADR (c)
|
150,633
|
|||
|
23,002
|
XPeng, Inc., Class A (HKD) (c)
|
148,549
|
|||
|
121,731
|
Yadea Group Holdings Ltd.
(HKD) (e) (f)
|
138,295
|
|||
|
|
|
2,064,633
|
|||
|
|
Chile — 0.3%
|
|
|||
|
2,390
|
Sociedad Quimica y Minera de
Chile S.A., ADR
|
176,956
|
|||
|
|
China — 1.9%
|
|
|||
|
16,412
|
BYD Co., Ltd., Class H (HKD)
|
151,609
|
|||
|
44,779
|
CALB Group Co., Ltd., Class H
(HKD) (c) (e) (f)
|
133,832
|
|||
|
2,465
|
Contemporary Amperex
Technology Co., Ltd., Class H
(HKD)
|
220,638
|
|||
|
19,897
|
Ganfeng Lithium Group Co.,
Ltd., Class H (HKD) (e) (f)
|
127,609
|
|||
|
19,337
|
Seres Group Co., Ltd., Class H
(HKD) (d)
|
113,317
|
|||
|
31,217
|
Tianqi Lithium Corp., Class H
(HKD) (c)
|
159,929
|
|||
|
28,364
|
Zhejiang Leapmotor Technology
Co., Ltd., Class H
(HKD) (c) (e) (f)
|
124,698
|
|||
|
|
|
1,031,632
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
France — 1.5%
|
|
|||
|
2,505
|
Schneider Electric SE (EUR)
|
$816,873
|
|||
|
|
Germany — 2.3%
|
|
|||
|
4,757
|
Aumovio SE (EUR) (c)
|
195,672
|
|||
|
2,040
|
Bayerische Motoren Werke AG
(EUR)
|
133,467
|
|||
|
5,797
|
Infineon Technologies AG
(EUR)
|
540,952
|
|||
|
3,451
|
Mercedes-Benz Group AG
(EUR)
|
173,181
|
|||
|
1,881
|
Wacker Chemie AG (EUR) (c)
|
195,364
|
|||
|
|
|
1,238,636
|
|||
|
|
Indonesia — 0.5%
|
|
|||
|
1,039,107
|
Merdeka Copper Gold Tbk PT
(IDR) (c)
|
140,640
|
|||
|
550,215
|
Vale Indonesia Tbk PT (IDR)
|
126,783
|
|||
|
|
|
267,423
|
|||
|
|
Ireland — 0.5%
|
|
|||
|
1,308
|
TE Connectivity PLC
|
263,706
|
|||
|
|
Japan — 4.1%
|
|
|||
|
16,000
|
Denso Corp. (JPY)
|
184,606
|
|||
|
7,000
|
Furukawa Electric Co., Ltd.
(JPY)
|
203,635
|
|||
|
24,592
|
Honda Motor Co., Ltd. (JPY)
|
223,846
|
|||
|
14,000
|
NIDEC CORP. (JPY) (c)
|
227,744
|
|||
|
10,700
|
Panasonic Holdings Corp. (JPY)
|
296,266
|
|||
|
12,100
|
Renesas Electronics Corp. (JPY)
|
357,727
|
|||
|
40,060
|
Toyota Motor Corp. (JPY)
|
671,383
|
|||
|
|
|
2,165,207
|
|||
|
|
Jersey — 0.9%
|
|
|||
|
3,268
|
Aptiv PLC (c)
|
200,590
|
|||
|
6,662
|
Versigent PLC (c)
|
279,870
|
|||
|
|
|
480,460
|
|||
|
|
Netherlands — 2.0%
|
|
|||
|
610
|
Ferrari N.V. (d)
|
227,097
|
|||
|
1,123
|
NXP Semiconductors N.V.
|
315,597
|
|||
|
25,030
|
Stellantis N.V. (EUR) (c)
|
142,295
|
|||
|
5,018
|
STMicroelectronics N.V.
|
375,798
|
|||
|
|
|
1,060,787
|
|||
|
|
South Korea — 7.6%
|
|
|||
|
1,414
|
Ecopro BM Co., Ltd. (KRW)
|
130,055
|
|||
|
725
|
Hyundai Mobis Co., Ltd. (KRW)
|
233,977
|
|||
|
757
|
Hyundai Motor Co. (KRW)
|
241,861
|
|||
|
1,936
|
Kia Corp. (KRW)
|
172,444
|
|||
|
692
|
LG Energy Solution Ltd.
(KRW) (c)
|
161,688
|
|||
|
1,337
|
POSCO Future M Co., Ltd.
(KRW)
|
151,538
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
South Korea (Continued)
|
|
|||
|
12,850
|
Samsung Electronics Co., Ltd.
(KRW)
|
$2,770,219
|
|||
|
608
|
Samsung SDI Co., Ltd.
(KRW) (c)
|
191,116
|
|||
|
|
|
4,052,898
|
|||
|
|
Sweden — 0.5%
|
|
|||
|
7,798
|
Volvo AB, Class B (SEK)
|
264,990
|
|||
|
|
Switzerland — 0.4%
|
|
|||
|
27,787
|
Lithium Argentina AG (c)
|
229,798
|
|||
|
|
Taiwan — 4.4%
|
|
|||
|
4,838
|
Taiwan Semiconductor
Manufacturing Co., Ltd., ADR
|
2,310,484
|
|||
|
|
United States — 66.2%
|
|
|||
|
7,259
|
Adeia, Inc.
|
239,039
|
|||
|
7,472
|
Advanced Micro Devices,
Inc. (c)
|
4,340,559
|
|||
|
15,053
|
Aeva Technologies, Inc. (c)
|
432,322
|
|||
|
1,139
|
Albemarle Corp.
|
153,799
|
|||
|
5,306
|
Allegro MicroSystems, Inc. (c)
|
369,404
|
|||
|
5,551
|
Alphabet, Inc., Class A
|
1,983,761
|
|||
|
12,164
|
Amprius Technologies, Inc. (c)
|
168,593
|
|||
|
2,172
|
Analog Devices, Inc.
|
862,653
|
|||
|
6,788
|
Apple, Inc.
|
1,964,176
|
|||
|
48,747
|
Aurora Innovation, Inc. (c)
|
332,454
|
|||
|
3,574
|
BorgWarner, Inc.
|
237,314
|
|||
|
1,229
|
Cirrus Logic, Inc. (c)
|
182,543
|
|||
|
614
|
Cummins, Inc.
|
437,911
|
|||
|
17,411
|
Ford Motor Co.
|
242,013
|
|||
|
4,023
|
General Motors Co.
|
310,093
|
|||
|
69,416
|
indie Semiconductor, Inc.,
Class A (c) (d)
|
311,678
|
|||
|
28,646
|
Intel Corp. (c)
|
3,999,841
|
|||
|
1,849
|
Lattice Semiconductor Corp. (c)
|
282,823
|
|||
|
22,400
|
Lucid Group, Inc. (c) (d)
|
149,856
|
|||
|
3,881
|
Marvell Technology, Inc.
|
1,156,111
|
|||
|
9,902
|
MaxLinear, Inc. (c)
|
1,267,753
|
|||
|
2,759
|
Microchip Technology, Inc.
|
251,621
|
|||
|
4,195
|
Micron Technology, Inc.
|
4,842,247
|
|||
|
4,739
|
Microsoft Corp.
|
1,767,742
|
|||
|
27,247
|
Mobileye Global, Inc.,
Class A (c)
|
263,751
|
|||
|
9,614
|
NVIDIA Corp.
|
1,923,665
|
|||
|
2,868
|
ON Semiconductor Corp. (c)
|
271,141
|
|||
|
2,302
|
PACCAR, Inc.
|
276,516
|
|||
|
2,462
|
Qorvo, Inc. (c)
|
229,631
|
|||
|
4,755
|
QUALCOMM, Inc.
|
878,676
|
|||
|
1,860
|
Rambus, Inc. (c)
|
246,896
|
|||
|
12,891
|
Rivian Automotive, Inc.,
Class A (c)
|
223,659
|
|||
|
933
|
Silicon Laboratories, Inc. (c)
|
203,916
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
United States (Continued)
|
|
|||
|
482
|
SiTime Corp. (c)
|
$359,360
|
|||
|
3,473
|
Skyworks Solutions, Inc.
|
235,469
|
|||
|
66,368
|
Solid Power, Inc. (c)
|
171,893
|
|||
|
2,655
|
Synaptics, Inc. (c)
|
329,831
|
|||
|
5,116
|
Tesla, Inc. (c)
|
2,151,790
|
|||
|
4,051
|
Texas Instruments, Inc.
|
1,207,482
|
|||
|
|
|
35,259,982
|
|||
|
|
Total Common Stocks
|
53,143,337
|
|||
|
|
(Cost $31,447,245)
|
|
|||
|
MONEY MARKET FUNDS — 0.2%
|
|||||
|
105,624
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (g)
|
105,624
|
|||
|
|
(Cost $105,624)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 1.9%
|
|||||
|
$1,021,438
|
Daiwa Capital Markets America,
Inc., 3.64% (g), dated
06/30/26, due 07/01/26, with a
maturity value of $1,021,541.
Collateralized by
U.S. Treasury Securities,
interest rates of 2.13% to
4.13%, due 06/30/27 to
01/15/35. The value of the
collateral including accrued
interest is $1,041,867. (h)
|
1,021,438
|
|||
|
|
(Cost $1,021,438)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 101.9%
|
54,270,399
|
|||
|
|
(Cost $32,574,307)
|
|
|||
|
|
Net Other Assets and
Liabilities — (1.9)%
|
(1,017,651
)
|
|||
|
|
Net Assets — 100.0%
|
$53,252,748
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $1,049,722 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $1,021,438. On
June 30, 2026, the last business day of the period, there was
sufficient collateral based on the end of day market value
from the prior business day; however, as a result of market
movement from June 29 to June 30, the value of the related
securities loaned was above the collateral value received.
|
|
(e)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(f)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(g)
|
Rate shown reflects yield as of June 30, 2026.
|
|
(h)
|
This security serves as collateral for securities on loan.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
AUD
|
– Australian Dollar
|
|
CHF
|
– Swiss Franc
|
|
EUR
|
– Euro
|
|
HKD
|
– Hong Kong Dollar
|
|
IDR
|
– Indonesian Rupiah
|
|
JPY
|
– Japanese Yen
|
|
KRW
|
– South Korean Won
|
|
SEK
|
– Swedish Krona
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Investments
|
|
Information Technology
|
67.8%
|
|
Consumer Discretionary
|
16.4
|
|
Industrials
|
5.6
|
|
Materials
|
4.1
|
|
Communication Services
|
4.0
|
|
Repurchase Agreements
|
1.9
|
|
Money Market Funds
|
0.2
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
78.0%
|
|
KRW
|
7.5
|
|
EUR
|
4.0
|
|
JPY
|
4.0
|
|
HKD
|
3.6
|
|
AUD
|
1.3
|
|
CHF
|
0.6
|
|
IDR
|
0.5
|
|
SEK
|
0.5
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$53,143,337
|
$53,143,337
|
$—
|
$—
|
|
Money Market Funds
|
105,624
|
105,624
|
—
|
—
|
|
Repurchase Agreements
|
1,021,438
|
—
|
1,021,438
|
—
|
|
Total Investments
|
$54,270,399
|
$53,248,961
|
$1,021,438
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.9%
|
|||||
|
|
Broadline Retail — 3.4%
|
|
|||
|
394,056
|
Amazon.com, Inc. (a)
|
$93,919,307
|
|||
|
|
Communications Equipment
— 6.7%
|
|
|||
|
668,756
|
Arista Networks, Inc. (a)
|
113,608,269
|
|||
|
590,417
|
Cisco Systems, Inc.
|
69,350,381
|
|||
|
|
|
182,958,650
|
|||
|
|
Diversified Telecommunication
Services — 2.3%
|
|
|||
|
8,086,575
|
Lumen Technologies, Inc. (a)
|
62,104,896
|
|||
|
|
Financial Services — 0.7%
|
|
|||
|
682,842
|
Toast, Inc., Class A (a)
|
18,996,664
|
|||
|
|
Health Care Technology —
0.7%
|
|
|||
|
101,958
|
Veeva Systems, Inc., Class A (a)
|
18,094,486
|
|||
|
|
Interactive Media & Services
— 3.7%
|
|
|||
|
280,396
|
Alphabet, Inc., Class A
|
100,205,119
|
|||
|
|
IT Services — 26.2%
|
|
|||
|
475,436
|
Akamai Technologies, Inc. (a)
|
56,201,290
|
|||
|
294,004
|
Cloudflare, Inc., Class A (a)
|
72,113,301
|
|||
|
811,395
|
CoreWeave, Inc., Class A (a)
|
80,766,258
|
|||
|
683,840
|
DigitalOcean Holdings, Inc. (a)
|
107,383,395
|
|||
|
2,758,848
|
Fastly, Inc., Class A (a)
|
50,652,449
|
|||
|
358,119
|
International Business Machines
Corp.
|
100,706,644
|
|||
|
264,846
|
MongoDB, Inc. (a)
|
88,961,772
|
|||
|
449,183
|
Shopify, Inc., Class A (a)
|
51,287,715
|
|||
|
69,556
|
Snowflake, Inc. (a)
|
17,702,002
|
|||
|
279,710
|
Twilio, Inc., Class A (a)
|
57,712,564
|
|||
|
634,110
|
Wix.com Ltd. (a)
|
28,769,571
|
|||
|
|
|
712,256,961
|
|||
|
|
Media — 0.5%
|
|
|||
|
824,404
|
Trade Desk (The), Inc.,
Class A (a)
|
14,905,224
|
|||
|
|
Professional Services — 1.2%
|
|
|||
|
127,259
|
Paycom Software, Inc.
|
15,993,911
|
|||
|
154,650
|
Paylocity Holding Corp. (a)
|
16,165,565
|
|||
|
|
|
32,159,476
|
|||
|
|
Software — 44.8%
|
|
|||
|
205,716
|
Adobe, Inc. (a)
|
42,175,894
|
|||
|
110,282
|
Appfolio, Inc., Class A (a)
|
17,683,719
|
|||
|
764,549
|
Appian Corp., Class A (a)
|
17,508,172
|
|||
|
86,979
|
AppLovin Corp., Class A (a)
|
44,814,190
|
|||
|
1,926,799
|
Asana, Inc., Class A (a)
|
13,487,593
|
|||
|
495,511
|
Atlassian Corp., Class A (a)
|
38,545,801
|
|||
|
549,802
|
Blackbaud, Inc. (a)
|
16,285,135
|
|||
|
604,575
|
BlackLine, Inc. (a)
|
16,970,420
|
|||
|
659,281
|
Box, Inc., Class A (a)
|
17,497,318
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Software (Continued)
|
|
|||
|
24,318
|
CrowdStrike Holdings, Inc.,
Class A (a)
|
$18,558,039
|
|||
|
71,857
|
Datadog, Inc., Class A (a)
|
18,708,689
|
|||
|
338,424
|
Docusign, Inc. (a)
|
15,032,794
|
|||
|
661,241
|
Dropbox, Inc., Class A (a)
|
18,164,290
|
|||
|
274,718
|
Elastic N.V. (a)
|
15,664,420
|
|||
|
697,036
|
Figma, Inc., Class A (a)
|
12,609,381
|
|||
|
1,399,686
|
Five9, Inc. (a)
|
29,841,306
|
|||
|
1,717,318
|
Gitlab, Inc., Class A (a)
|
52,429,719
|
|||
|
241,688
|
HubSpot, Inc. (a)
|
44,110,477
|
|||
|
53,608
|
Intuit, Inc.
|
13,991,688
|
|||
|
1,122,110
|
Klaviyo, Inc., Class A (a)
|
16,943,861
|
|||
|
236,869
|
Microsoft Corp.
|
88,356,874
|
|||
|
3,722,470
|
Netskope, Inc., Class A (a)
|
40,723,822
|
|||
|
2,048,115
|
Nutanix, Inc., Class A (a)
|
104,371,941
|
|||
|
745,573
|
Open Text Corp.
|
16,514,442
|
|||
|
472,346
|
Oracle Corp.
|
69,222,306
|
|||
|
63,102
|
Palo Alto Networks, Inc. (a)
|
21,519,044
|
|||
|
375,383
|
Q2 Holdings, Inc. (a)
|
18,055,922
|
|||
|
162,627
|
Qualys, Inc. (a)
|
22,359,586
|
|||
|
999,580
|
RingCentral, Inc., Class A
|
38,963,628
|
|||
|
678,142
|
Rubrik, Inc., Class A (a)
|
54,441,240
|
|||
|
279,026
|
Salesforce, Inc.
|
43,712,213
|
|||
|
195,548
|
SAP SE, ADR
|
30,135,902
|
|||
|
428,748
|
ServiceNow, Inc. (a)
|
42,566,102
|
|||
|
736,911
|
ServiceTitan, Inc.,
Class A (a) (b)
|
52,106,977
|
|||
|
121,583
|
Workday, Inc., Class A (a)
|
14,884,191
|
|||
|
972,121
|
Workiva, Inc. (a)
|
47,157,590
|
|||
|
174,962
|
Zoom Communications, Inc. (a)
|
15,100,970
|
|||
|
127,202
|
Zscaler, Inc. (a)
|
17,954,562
|
|||
|
|
|
1,219,170,218
|
|||
|
|
Technology Hardware, Storage
& Peripherals — 9.7%
|
|
|||
|
126,677
|
Dell Technologies, Inc., Class C
|
54,656,058
|
|||
|
1,341,287
|
Everpure, Inc., Class A (a)
|
105,680,003
|
|||
|
1,238,907
|
Hewlett Packard Enterprise Co.
|
55,887,095
|
|||
|
305,948
|
NetApp, Inc.
|
47,348,512
|
|||
|
|
|
263,571,668
|
|||
|
|
Total Common Stocks
|
2,718,342,669
|
|||
|
|
(Cost $2,450,500,564)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
1,526,509
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (c)
|
1,526,509
|
|||
|
|
(Cost $1,526,509)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 0.1%
|
|||||
|
$3,498,665
|
Citigroup, Inc., 3.64% (c), dated
06/30/26, due 07/01/26, with a
maturity value of $3,499,019.
Collateralized by
U.S. Treasury Note, interest
rate of 4.13%, due 03/31/29.
The value of the collateral
including accrued interest is
$3,568,639. (d)
|
$3,498,665
|
|||
|
|
(Cost $3,498,665)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.1%
|
2,723,367,843
|
|||
|
|
(Cost $2,455,525,738)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.1)%
|
(3,781,809
)
|
|||
|
|
Net Assets — 100.0%
|
$2,719,586,034
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $3,428,233 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $3,498,665.
|
|
(c)
|
Rate shown reflects yield as of June 30, 2026.
|
|
(d)
|
This security serves as collateral for securities on loan.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$2,718,342,669
|
$2,718,342,669
|
$—
|
$—
|
|
Money Market
Funds
|
1,526,509
|
1,526,509
|
—
|
—
|
|
Repurchase
Agreements
|
3,498,665
|
—
|
3,498,665
|
—
|
|
Total Investments
|
$2,723,367,843
|
$2,719,869,178
|
$3,498,665
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.8%
|
|||||
|
|
Australia — 1.2%
|
|
|||
|
147,573
|
Woolworths Group Ltd. (AUD)
|
$4,089,941
|
|||
|
|
Austria — 0.9%
|
|
|||
|
15,947
|
BAWAG Group AG
(EUR) (c) (d)
|
3,194,137
|
|||
|
|
Belgium — 2.0%
|
|
|||
|
23,497
|
UCB S.A. (EUR)
|
7,034,065
|
|||
|
|
Bermuda — 2.8%
|
|
|||
|
92,394
|
Viking Holdings Ltd. (e)
|
9,670,880
|
|||
|
|
Brazil — 2.7%
|
|
|||
|
2,381,650
|
Caixa Seguridade Participacoes
S.A. (BRL)
|
9,093,296
|
|||
|
|
Canada — 5.3%
|
|
|||
|
117,264
|
ARC Resources Ltd. (CAD)
|
2,463,929
|
|||
|
9,921
|
Celestica, Inc. (e)
|
3,619,181
|
|||
|
34,392
|
DPM Metals, Inc. (CAD)
|
1,116,937
|
|||
|
77,912
|
Keyera Corp. (CAD)
|
3,129,664
|
|||
|
61,194
|
South Bow Corp.
|
2,156,477
|
|||
|
17,022
|
TFI International, Inc.
|
2,443,848
|
|||
|
314,227
|
Whitecap Resources, Inc. (CAD)
|
3,263,574
|
|||
|
|
|
18,193,610
|
|||
|
|
Cayman Islands — 1.1%
|
|
|||
|
24,423
|
SharkNinja, Inc. (e)
|
3,718,890
|
|||
|
|
Chile — 1.2%
|
|
|||
|
69,367
|
Latam Airlines Group S.A.,
ADR
|
4,042,015
|
|||
|
|
China — 21.5%
|
|
|||
|
319,356
|
Contemporary Amperex
Technology Co., Ltd., Class H
(HKD)
|
28,585,006
|
|||
|
96,808
|
GigaDevice Semiconductor, Inc.,
Class H (HKD) (f)
|
14,664,045
|
|||
|
53,909
|
Knowledge Atlas Technology
JSC Ltd., Class H
(HKD) (e) (f)
|
14,462,158
|
|||
|
505,076
|
Shanghai Biren Technology Co.,
Ltd., Class H (HKD) (e) (f)
|
3,941,252
|
|||
|
79,013
|
Shanghai Iluvatar CoreX
Semiconductor Co., Ltd.,
Class H (HKD) (e) (f)
|
7,696,938
|
|||
|
79,173
|
Sichuan Kelun-Biotech
Biopharmaceutical Co., Ltd.,
Class H (HKD) (e)
|
4,403,407
|
|||
|
|
|
73,752,806
|
|||
|
|
France — 1.0%
|
|
|||
|
17,358
|
Ipsen S.A. (EUR)
|
3,347,841
|
|||
|
|
Germany — 7.7%
|
|
|||
|
53,454
|
Dr. Ing hc F Porsche AG
(Preference Shares)
(EUR) (d) (f)
|
2,657,431
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Germany (Continued)
|
|
|||
|
14,752
|
HOCHTIEF AG (EUR)
|
$8,545,777
|
|||
|
80,246
|
Siemens Energy AG (EUR)
|
15,201,996
|
|||
|
|
|
26,405,204
|
|||
|
|
Israel — 0.7%
|
|
|||
|
26,523
|
Enlight Renewable Energy
Ltd. (e)
|
2,361,078
|
|||
|
|
Italy — 3.1%
|
|
|||
|
138,961
|
Lottomatica Group S.p.A. (EUR)
|
3,858,264
|
|||
|
169,105
|
Technoprobe S.p.A. (EUR) (e)
|
6,743,332
|
|||
|
|
|
10,601,596
|
|||
|
|
Japan — 22.5%
|
|
|||
|
161,800
|
Advantest Corp. (JPY)
|
32,181,875
|
|||
|
306,400
|
Asahi Kasei Corp. (JPY)
|
3,375,026
|
|||
|
214,200
|
Chiba Bank (The) Ltd. (JPY)
|
3,249,986
|
|||
|
170,500
|
Hachijuni Nagano Bank Ltd.
(JPY)
|
2,504,624
|
|||
|
52,700
|
Kioxia Holdings Corp. (JPY) (e)
|
29,066,921
|
|||
|
447,800
|
Mitsubishi Chemical Group
Corp. (JPY)
|
3,107,982
|
|||
|
54,300
|
Murata Manufacturing Co., Ltd.
(JPY)
|
3,805,458
|
|||
|
|
|
77,291,872
|
|||
|
|
Netherlands — 1.2%
|
|
|||
|
51,773
|
Innio N.V. (e)
|
2,047,622
|
|||
|
126,794
|
Magnum Ice Cream (The) Co.
N.V. (e)
|
2,207,484
|
|||
|
|
|
4,255,106
|
|||
|
|
Norway — 0.7%
|
|
|||
|
273,151
|
Norsk Hydro ASA (NOK)
|
2,478,048
|
|||
|
|
South Africa — 0.7%
|
|
|||
|
36,625
|
Valterra Platinum Ltd. (GBP)
|
2,463,075
|
|||
|
|
South Korea — 2.6%
|
|
|||
|
12,923
|
APR Corp. (KRW)
|
3,215,527
|
|||
|
14,492
|
HD Hyundai Heavy Industries
Co., Ltd. (KRW)
|
5,537,510
|
|||
|
|
|
8,753,037
|
|||
|
|
Sweden — 0.9%
|
|
|||
|
77,393
|
Nordnet AB publ (SEK)
|
2,940,445
|
|||
|
|
Switzerland — 5.2%
|
|
|||
|
14,677
|
Accelleron Industries AG (CHF)
|
1,507,662
|
|||
|
28,738
|
Galderma Group AG (CHF)
|
6,540,740
|
|||
|
106,306
|
Sandoz Group AG (CHF)
|
9,620,167
|
|||
|
|
|
17,668,569
|
|||
|
|
Taiwan — 5.0%
|
|
|||
|
1,369,786
|
Far EasTone
Telecommunications Co., Ltd.
(TWD)
|
4,514,857
|
|||
|
357,500
|
Yageo Corp. (TWD)
|
12,793,307
|
|||
|
|
|
17,308,164
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
United Arab Emirates — 0.5%
|
|
|||
|
4,822,995
|
Talabat Holding PLC (AED)
|
$1,615,194
|
|||
|
|
United Kingdom — 9.3%
|
|
|||
|
47,924
|
ARM Holdings PLC, ADR (e)
|
16,992,413
|
|||
|
41,301
|
Noble Corp. PLC
|
1,540,527
|
|||
|
140,379
|
Rio Tinto PLC, ADR
|
13,326,178
|
|||
|
|
|
31,859,118
|
|||
|
|
Total Common Stocks
|
342,137,987
|
|||
|
|
(Cost $252,212,353)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
299,814
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (g)
|
299,814
|
|||
|
|
(Cost $299,814)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 8.8%
|
|||||
|
$30,170,975
|
RBC Dominion Securities, Inc.,
3.64% (g), dated 06/30/26,
due 07/01/26, with a maturity
value of $30,174,026.
Collateralized by
U.S. Treasury Securities,
interest rates of 0.00% to
4.63%, due 08/06/26 to
11/15/55. The value of the
collateral including accrued
interest is $30,774,395. (h)
|
30,170,975
|
|||
|
|
(Cost $30,170,975)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 108.7%
|
372,608,776
|
|||
|
|
(Cost $282,683,142)
|
|
|||
|
|
Net Other Assets and
Liabilities — (8.7)%
|
(29,777,068
)
|
|||
|
|
Net Assets — 100.0%
|
$342,831,708
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(d)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(e)
|
Non-income producing security.
|
|
(f)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $28,746,435 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $30,170,975.
|
|
(g)
|
Rate shown reflects yield as of June 30, 2026.
|
|
(h)
|
This security serves as collateral for securities on loan.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
AED
|
– United Arab Emirates Dirham
|
|
AUD
|
– Australian Dollar
|
|
BRL
|
– Brazilian Real
|
|
CAD
|
– Canadian Dollar
|
|
CHF
|
– Swiss Franc
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
HKD
|
– Hong Kong Dollar
|
|
JPY
|
– Japanese Yen
|
|
KRW
|
– South Korean Won
|
|
NOK
|
– Norwegian Krone
|
|
SEK
|
– Swedish Krona
|
|
TWD
|
– New Taiwan Dollar
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Investments
|
|
Information Technology
|
39.2%
|
|
Industrials
|
18.2
|
|
Health Care
|
8.3
|
|
Repurchase Agreements
|
8.1
|
|
Materials
|
6.9
|
|
Consumer Discretionary
|
5.8
|
|
Financials
|
5.6
|
|
Energy
|
3.4
|
|
Consumer Staples
|
2.6
|
|
All Other
|
1.9
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
25.4%
|
|
JPY
|
20.7
|
|
HKD
|
19.8
|
|
EUR
|
13.6
|
|
CHF
|
4.7
|
|
TWD
|
4.6
|
|
CAD
|
2.7
|
|
BRL
|
2.4
|
|
KRW
|
2.4
|
|
AUD
|
1.1
|
|
SEK
|
0.8
|
|
NOK
|
0.7
|
|
GBP
|
0.7
|
|
AED
|
0.4
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$342,137,987
|
$342,137,987
|
$—
|
$—
|
|
Money Market Funds
|
299,814
|
299,814
|
—
|
—
|
|
Repurchase
Agreements
|
30,170,975
|
—
|
30,170,975
|
—
|
|
Total Investments
|
$372,608,776
|
$342,437,801
|
$30,170,975
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.6%
|
|||||
|
|
Canada — 2.3%
|
|
|||
|
16,928,629
|
BlackBerry Ltd. (c)
|
$214,147,157
|
|||
|
4,766,394
|
Open Text Corp. (CAD)
|
105,494,171
|
|||
|
|
|
319,641,328
|
|||
|
|
France — 2.0%
|
|
|||
|
536,257
|
Atos Group (EUR) (c) (d)
|
20,612,072
|
|||
|
982,645
|
Thales S.A. (EUR)
|
252,397,847
|
|||
|
|
|
273,009,919
|
|||
|
|
India — 1.6%
|
|
|||
|
21,710,302
|
Infosys Ltd., ADR (d)
|
227,741,068
|
|||
|
|
Ireland — 1.3%
|
|
|||
|
1,468,095
|
Accenture PLC, Class A
|
182,689,742
|
|||
|
|
Israel — 4.5%
|
|
|||
|
2,256,284
|
Check Point Software
Technologies Ltd. (c)
|
296,543,406
|
|||
|
3,323,649
|
JFrog Ltd. (c)
|
302,053,221
|
|||
|
729,347
|
Radware Ltd. (c)
|
22,507,649
|
|||
|
|
|
621,104,276
|
|||
|
|
Japan — 1.0%
|
|
|||
|
3,663,373
|
Trend Micro, Inc. (JPY)
|
134,778,420
|
|||
|
|
Netherlands — 1.0%
|
|
|||
|
2,360,133
|
Elastic N.V. (c)
|
134,574,784
|
|||
|
|
United States — 85.9%
|
|
|||
|
1,746,933
|
A10 Networks, Inc.
|
65,265,417
|
|||
|
3,318,893
|
Akamai Technologies, Inc. (c)
|
392,326,341
|
|||
|
722,095
|
Alphabet, Inc., Class A
|
258,055,090
|
|||
|
1,722,164
|
Arista Networks, Inc. (c)
|
292,561,220
|
|||
|
2,559,589
|
Booz Allen Hamilton Holding
Corp.
|
155,290,265
|
|||
|
2,458,866
|
Broadcom, Inc.
|
928,836,631
|
|||
|
9,122,588
|
Cisco Systems, Inc.
|
1,071,539,186
|
|||
|
2,271,413
|
Cloudflare, Inc., Class A (c)
|
557,132,181
|
|||
|
941,327
|
Commvault Systems, Inc. (c)
|
133,414,276
|
|||
|
1,502,790
|
CrowdStrike Holdings, Inc.,
Class A (c)
|
1,146,839,161
|
|||
|
1,110,324
|
Datadog, Inc., Class A (c)
|
289,083,957
|
|||
|
6,448,343
|
Dynatrace, Inc. (c)
|
283,146,741
|
|||
|
1,132,779
|
F5, Inc. (c)
|
471,190,753
|
|||
|
3,661,653
|
Fastly, Inc., Class A (c)
|
67,227,949
|
|||
|
7,962,177
|
Fortinet, Inc. (c)
|
1,223,149,631
|
|||
|
11,862,825
|
Gen Digital, Inc.
|
295,265,714
|
|||
|
922,230
|
International Business Machines
Corp.
|
259,340,298
|
|||
|
2,148,948
|
Leidos Holdings, Inc.
|
221,277,176
|
|||
|
609,972
|
Microsoft Corp.
|
227,531,755
|
|||
|
1,575,746
|
NetApp, Inc.
|
243,862,451
|
|||
|
1,610,827
|
NetScout Systems, Inc. (c)
|
70,151,516
|
|||
|
3,563,759
|
Okta, Inc. (c)
|
486,274,915
|
|||
|
3,899,839
|
Palo Alto Networks, Inc. (c)
|
1,329,923,096
|
|||
|
813,796
|
Qualys, Inc. (c)
|
111,888,812
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
United States (Continued)
|
|
|||
|
4,592,923
|
Rubrik, Inc., Class A (c)
|
$368,719,858
|
|||
|
1,038,002
|
Science Applications
International Corp.
|
114,605,801
|
|||
|
8,559,778
|
SentinelOne, Inc., Class A (c)
|
145,259,433
|
|||
|
2,611,897
|
Tenable Holdings, Inc. (c)
|
96,326,761
|
|||
|
2,819,002
|
Varonis Systems, Inc. (c)
|
118,285,324
|
|||
|
766,091
|
Ziff Davis, Inc. (c)
|
40,120,186
|
|||
|
2,979,924
|
Zscaler, Inc. (c)
|
420,616,273
|
|||
|
|
|
11,884,508,168
|
|||
|
|
Total Common Stocks
|
13,778,047,705
|
|||
|
|
(Cost $9,515,831,715)
|
|
|||
|
MONEY MARKET FUNDS — 0.4%
|
|||||
|
54,043,981
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (e)
|
54,043,981
|
|||
|
|
(Cost $54,043,981)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 1.6%
|
|||||
|
$219,503,800
|
JPMorgan Chase & Co.,
3.64% (e), dated 06/30/26, due
07/01/26, with a maturity
value of $219,525,994.
Collateralized by
U.S. Treasury Securities,
interest rates of 2.38% to
4.25%, due 11/15/40 to
02/15/53. The value of the
collateral including accrued
interest is $223,893,878. (f)
|
219,503,800
|
|||
|
|
(Cost $219,503,800)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 101.6%
|
14,051,595,486
|
|||
|
|
(Cost $9,789,379,496)
|
|
|||
|
|
Net Other Assets and
Liabilities — (1.6)%
|
(223,960,006
)
|
|||
|
|
Net Assets — 100.0%
|
$13,827,635,480
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $209,309,020 and
the total value of the collateral held by the Fund, including
for securities sold and pending settlement, is $219,503,800.
|
|
(e)
|
Rate shown reflects yield as of June 30, 2026.
|
|
(f)
|
This security serves as collateral for securities on loan.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
CAD
|
– Canadian Dollar
|
|
EUR
|
– Euro
|
|
JPY
|
– Japanese Yen
|
|
Sector Allocation
|
% of Total
Investments
|
|
Information Technology
|
90.6%
|
|
Industrials
|
5.3
|
|
Communication Services
|
2.1
|
|
Repurchase Agreements
|
1.6
|
|
Money Market Funds
|
0.4
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common
Stocks*
|
$13,778,047,705
|
$13,778,047,705
|
$—
|
$—
|
|
Money Market
Funds
|
54,043,981
|
54,043,981
|
—
|
—
|
|
Repurchase
Agreements
|
219,503,800
|
—
|
219,503,800
|
—
|
|
Total
Investments
|
$14,051,595,486
|
$13,832,091,686
|
$219,503,800
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.8%
|
|||||
|
|
Austria — 2.7%
|
|
|||
|
581
|
ANDRITZ AG (EUR)
|
$50,187
|
|||
|
452
|
BAWAG Group AG
(EUR) (c) (d)
|
90,534
|
|||
|
|
|
140,721
|
|||
|
|
Belgium — 2.4%
|
|
|||
|
1,854
|
CMB Tech N.V.
|
25,938
|
|||
|
326
|
UCB S.A. (EUR)
|
97,591
|
|||
|
|
|
123,529
|
|||
|
|
Bermuda — 5.0%
|
|
|||
|
263
|
Himalaya Shipping Ltd. (NOK)
|
3,486
|
|||
|
2,102
|
SiriusPoint Ltd. (e)
|
50,448
|
|||
|
1,995
|
Viking Holdings Ltd. (e)
|
208,817
|
|||
|
|
|
262,751
|
|||
|
|
Cayman Islands — 1.1%
|
|
|||
|
1,624
|
Amer Sports, Inc. (e)
|
54,956
|
|||
|
|
Cyprus — 0.9%
|
|
|||
|
1,795
|
HeadHunter Group PLC,
ADR (e) (f) (g) (h)
|
0
|
|||
|
1,318
|
Theon International PLC
(EUR) (i)
|
44,937
|
|||
|
|
|
44,937
|
|||
|
|
Denmark — 0.6%
|
|
|||
|
87
|
Ascendis Pharma A/S (e)
|
23,205
|
|||
|
337
|
BioMar Group A/S (DKK) (e)
|
5,409
|
|||
|
|
|
28,614
|
|||
|
|
Finland — 2.2%
|
|
|||
|
8,343
|
Nokia Oyj, ADR
|
110,795
|
|||
|
284
|
Puuilo Oyj (EUR)
|
5,828
|
|||
|
|
|
116,623
|
|||
|
|
France — 4.5%
|
|
|||
|
3,140
|
Bollore SE (EUR) (i)
|
14,552
|
|||
|
3,288
|
Canal+ S.A. (GBP)
|
10,659
|
|||
|
1,565
|
Exosens SAS (EUR)
|
102,104
|
|||
|
234
|
Ipsen S.A. (EUR)
|
45,131
|
|||
|
11,087
|
Louis Hachette Group (EUR)
|
22,131
|
|||
|
738
|
Nanobiotix S.A. (EUR) (e)
|
27,068
|
|||
|
847
|
OVH Groupe S.A. (EUR) (e)
|
13,917
|
|||
|
|
|
235,562
|
|||
|
|
Germany — 13.6%
|
|
|||
|
1,018
|
Dr. Ing hc F Porsche AG
(Preference Shares)
(EUR) (d) (i)
|
50,609
|
|||
|
224
|
DWS Group GmbH & Co.
KGaA (EUR) (c) (d)
|
16,802
|
|||
|
3,690
|
E.ON SE (EUR)
|
75,997
|
|||
|
261
|
HOCHTIEF AG (EUR)
|
151,196
|
|||
|
1,459
|
Infineon Technologies AG
(EUR)
|
136,148
|
|||
|
391
|
IONOS Group SE (EUR) (e)
|
12,170
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Germany (Continued)
|
|
|||
|
101
|
Pfisterer Holding SE (EUR)
|
$10,894
|
|||
|
279
|
RENK Group AG (EUR)
|
13,445
|
|||
|
1,056
|
Schaeffler AG (EUR)
|
10,232
|
|||
|
1,155
|
Siemens Energy AG (EUR)
|
218,806
|
|||
|
177
|
Tkms AG& Co. KGaA
(EUR) (e)
|
15,087
|
|||
|
|
|
711,386
|
|||
|
|
Greece — 1.0%
|
|
|||
|
4,576
|
Optima bank S.A. (EUR)
|
52,285
|
|||
|
|
Guernsey — 0.4%
|
|
|||
|
1,703
|
Super Group SGHC Ltd.
|
23,076
|
|||
|
|
Ireland — 0.9%
|
|
|||
|
575
|
GH Research PLC (e)
|
15,456
|
|||
|
181
|
nVent Electric PLC
|
30,699
|
|||
|
|
|
46,155
|
|||
|
|
Italy — 12.9%
|
|
|||
|
653
|
Banca Generali S.p.A. (EUR)
|
48,647
|
|||
|
8,467
|
Banco BPM S.p.A. (EUR)
|
146,180
|
|||
|
5,906
|
Lottomatica Group S.p.A. (EUR)
|
163,981
|
|||
|
675
|
Prysmian S.p.A. (EUR)
|
112,641
|
|||
|
5,111
|
Technoprobe S.p.A. (EUR) (e)
|
203,809
|
|||
|
|
|
675,258
|
|||
|
|
Jersey — 0.3%
|
|
|||
|
308
|
Birkenstock Holding PLC (e) (i)
|
13,253
|
|||
|
|
Luxembourg — 0.7%
|
|
|||
|
409
|
APERAM S.A. (EUR)
|
19,889
|
|||
|
444
|
Nexa Resources S.A.
|
5,434
|
|||
|
1,681
|
Zabka Group S.A. (PLN) (e)
|
12,155
|
|||
|
|
|
37,478
|
|||
|
|
Netherlands — 2.8%
|
|
|||
|
900
|
Ermenegildo Zegna N.V. (i)
|
11,718
|
|||
|
1,048
|
Innio N.V. (e)
|
41,448
|
|||
|
3,421
|
Magnum Ice Cream (The) Co.
N.V. (EUR) (e)
|
59,555
|
|||
|
968
|
Pepco Group N.V. (PLN) (d)
|
9,349
|
|||
|
428
|
Pharvaris N.V. (e)
|
14,800
|
|||
|
299
|
Technip Energies N.V. (EUR)
|
11,315
|
|||
|
|
|
148,185
|
|||
|
|
Norway — 4.4%
|
|
|||
|
2,750
|
Aker Solutions ASA (NOK)
|
12,363
|
|||
|
2,752
|
DOF Group ASA (NOK)
|
31,611
|
|||
|
1,279
|
Hoegh Autoliners ASA (NOK)
|
18,723
|
|||
|
8,292
|
Norsk Hydro ASA (NOK)
|
75,226
|
|||
|
3,348
|
SATS ASA (NOK)
|
14,206
|
|||
|
842
|
Sentia A/S (NOK)
|
6,550
|
|||
|
1,529
|
Telenor ASA (NOK)
|
21,903
|
|||
|
11,160
|
Var Energi ASA (NOK)
|
46,439
|
|||
|
|
|
227,021
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
Poland — 0.1%
|
|
|||
|
113
|
Diagnostyka S.A., Series D/E/F
(PLN)
|
$5,218
|
|||
|
|
Portugal — 0.2%
|
|
|||
|
2,384
|
Navigator (The) Co. S.A.
(EUR) (i)
|
8,788
|
|||
|
|
South Africa — 1.5%
|
|
|||
|
1,186
|
Valterra Platinum Ltd. (GBP)
|
79,760
|
|||
|
|
Sweden — 8.4%
|
|
|||
|
1,529
|
Acast AB (SEK) (e)
|
6,300
|
|||
|
1,402
|
Alleima AB (SEK)
|
12,825
|
|||
|
898
|
Ambea AB (SEK) (c) (d)
|
13,845
|
|||
|
1,323
|
Asmodee Group AB, Class B
(SEK) (e)
|
19,361
|
|||
|
198
|
BioArctic AB (SEK) (c) (d)
|
6,722
|
|||
|
655
|
Granges AB (SEK)
|
11,592
|
|||
|
1,616
|
Hacksaw AB (SEK)
|
13,000
|
|||
|
4,850
|
Intea Fastigheter AB (SEK)
|
36,864
|
|||
|
527
|
Mildef Group AB (SEK)
|
10,036
|
|||
|
838
|
NOBA Bank Group AB (SEK)
|
6,741
|
|||
|
4,873
|
Nordnet AB publ (SEK)
|
185,143
|
|||
|
962
|
Scandic Hotels Group AB
(SEK) (c) (d)
|
8,954
|
|||
|
334
|
Silex Microsystems AB
(SEK) (e)
|
6,927
|
|||
|
1,198
|
Swedish Orphan Biovitrum AB
(SEK) (e)
|
57,081
|
|||
|
3,768
|
Telefonaktiebolaget LM
Ericsson, ADR (i)
|
42,013
|
|||
|
|
|
437,404
|
|||
|
|
Switzerland — 13.2%
|
|
|||
|
1,373
|
Accelleron Industries AG (CHF)
|
141,038
|
|||
|
475
|
Avolta AG (CHF)
|
31,745
|
|||
|
997
|
Galderma Group AG (CHF)
|
226,916
|
|||
|
185
|
PolyPeptide Group AG
(CHF) (c) (d) (e)
|
10,773
|
|||
|
203
|
Roche Holding AG (CHF)
|
83,612
|
|||
|
2,090
|
Sandoz Group AG (CHF)
|
189,135
|
|||
|
136
|
Sunrise Communications AG,
Class A (CHF)
|
6,766
|
|||
|
|
|
689,985
|
|||
|
|
United Kingdom — 19.9%
|
|
|||
|
5,143
|
Aberdeen Group PLC (GBP)
|
16,250
|
|||
|
1,326
|
AJ Bell PLC (GBP)
|
10,756
|
|||
|
2,794
|
Applied Nutrition PLC
(GBP) (e)
|
11,526
|
|||
|
1,355
|
ARM Holdings PLC, ADR (e)
|
480,442
|
|||
|
1,902
|
BP PLC, ADR
|
70,279
|
|||
|
1,584
|
GSK PLC, ADR
|
83,033
|
|||
|
1,848
|
Ithaca Energy PLC (GBP)
|
5,319
|
|||
|
789
|
Klarna Group PLC (e) (i)
|
15,969
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
United Kingdom (Continued)
|
|
|||
|
13,467
|
M&G PLC (GBP)
|
$60,057
|
|||
|
402
|
Marex Group PLC
|
24,502
|
|||
|
357
|
Noble Corp. PLC
|
13,316
|
|||
|
3,861
|
Quilter PLC (GBP) (c) (d)
|
9,848
|
|||
|
2,165
|
Raspberry PI Holdings PLC
(GBP) (e)
|
23,635
|
|||
|
1,818
|
Rio Tinto PLC (GBP)
|
171,746
|
|||
|
867
|
Verisure PLC (EUR) (e)
|
9,669
|
|||
|
25,735
|
Vodafone Group PLC (GBP)
|
34,000
|
|||
|
|
|
1,040,347
|
|||
|
|
Virgin Islands — 0.1%
|
|
|||
|
492
|
Critical Metals Corp. (e) (i)
|
5,043
|
|||
|
|
Total Common Stocks
|
5,208,335
|
|||
|
|
(Cost $3,878,159)
|
|
|||
|
MONEY MARKET FUNDS — 0.0%
|
|||||
|
763
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares - 3.54% (j)
|
763
|
|||
|
|
(Cost $763)
|
|
|||
|
Principal
Value
|
Description
|
Value
|
|||
|
REPURCHASE AGREEMENTS — 3.6%
|
|||||
|
$188,455
|
Daiwa Capital Markets America,
Inc., 3.64% (j), dated
06/30/26, due 07/01/26, with a
maturity value of $188,474.
Collateralized by
U.S. Treasury Securities,
interest rates of 2.13% to
4.13%, due 06/30/27 to
01/15/35. The value of the
collateral including accrued
interest is $192,224. (k)
|
188,455
|
|||
|
|
(Cost $188,455)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 103.4%
|
5,397,553
|
|||
|
|
(Cost $4,067,377)
|
|
|||
|
|
Net Other Assets and
Liabilities — (3.4)%
|
(179,942
)
|
|||
|
|
Net Assets — 100.0%
|
$5,217,611
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(d)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(e)
|
Non-income producing security.
|
|
(f)
|
Pursuant to procedures adopted by the Trust’s Board of
Trustees, this security has been determined to be illiquid by
First Trust Advisors L.P., the Fund’s advisor.
|
|
(g)
|
This security is fair valued by the Advisor’s Pricing
Committee in accordance with procedures approved by the
Trust’s Board of Trustees, and in accordance with provisions
of the Investment Company Act of 1940 and rules
thereunder, as amended. At June 30, 2026, securities noted as
such are valued at $0 or 0.0% of net assets.
|
|
(h)
|
This security’s value was determined using significant
unobservable inputs (see Valuation Inputs in the Additional
Information section).
|
|
(i)
|
All or a portion of this security is on loan for securities
lending. The remaining contractual maturity of all of the
securities lending transactions is overnight and continuous.
The aggregate value of such securities is $181,293 and the
total value of the collateral held by the Fund, including for
securities sold and pending settlement, is $188,455.
|
|
(j)
|
Rate shown reflects yield as of June 30, 2026.
|
|
(k)
|
This security serves as collateral for securities on loan.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
CHF
|
– Swiss Franc
|
|
DKK
|
– Danish Krone
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
NOK
|
– Norwegian Krone
|
|
PLN
|
– Polish Zloty
|
|
SEK
|
– Swedish Krona
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Investments
|
|
Information Technology
|
19.1%
|
|
Industrials
|
18.2
|
|
Health Care
|
16.7
|
|
Financials
|
13.6
|
|
Consumer Discretionary
|
11.6
|
|
Materials
|
7.2
|
|
Energy
|
4.3
|
|
Repurchase Agreements
|
3.5
|
|
Communication Services
|
2.1
|
|
All Other
|
3.7
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
EUR
|
38.2%
|
|
USD
|
28.8
|
|
CHF
|
12.8
|
|
GBP
|
8.0
|
|
SEK
|
7.3
|
|
NOK
|
4.3
|
|
PLN
|
0.5
|
|
DKK
|
0.1
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks:
|
|
|
|
|
|
Cyprus
|
$44,937
|
$44,937
|
$—
|
$—
**
|
|
Other Country
Categories*
|
5,163,398
|
5,163,398
|
—
|
—
|
|
Money Market Funds
|
763
|
763
|
—
|
—
|
|
Repurchase Agreements
|
188,455
|
—
|
188,455
|
—
|
|
Total Investments
|
$5,397,553
|
$5,209,098
|
$188,455
|
$—
**
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
**
|
Investment is valued at $0.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.7%
|
|||||
|
|
Australia — 4.1%
|
|
|||
|
15,843
|
CAR Group Ltd. (AUD)
|
$282,558
|
|||
|
14,192
|
IREN Ltd. (c)
|
649,000
|
|||
|
2,093
|
REA Group Ltd. (AUD)
|
201,698
|
|||
|
8,852
|
WiseTech Global Ltd. (AUD)
|
202,246
|
|||
|
|
|
1,335,502
|
|||
|
|
Canada — 12.6%
|
|
|||
|
3,597
|
Descartes Systems Group (The),
Inc. (CAD) (c)
|
249,133
|
|||
|
6,286
|
Quebecor, Inc., Class B (CAD)
|
300,017
|
|||
|
31,330
|
Shopify, Inc., Class A (CAD) (c)
|
3,584,422
|
|||
|
|
|
4,133,572
|
|||
|
|
Cayman Islands — 48.8%
|
|
|||
|
238,357
|
Alibaba Group Holding Ltd.
(HKD)
|
2,821,863
|
|||
|
91,840
|
Baidu, Inc., Class A (HKD) (c)
|
1,283,419
|
|||
|
2,559
|
Futu Holdings Ltd., ADR
|
239,881
|
|||
|
42,968
|
JD Health International, Inc.
(HKD) (c) (d) (e)
|
179,918
|
|||
|
108,456
|
JD.com, Inc., Class A (HKD)
|
1,372,493
|
|||
|
119,604
|
Kuaishou Technology
(HKD) (d) (e)
|
634,403
|
|||
|
154,284
|
Meituan, Class B
(HKD) (c) (d) (e)
|
1,347,527
|
|||
|
62,698
|
NetEase, Inc. (HKD)
|
1,618,044
|
|||
|
20,103
|
PDD Holdings, Inc., ADR (c)
|
1,533,457
|
|||
|
16,116
|
Sea Ltd., ADR (c)
|
1,544,396
|
|||
|
58,298
|
Tencent Holdings Ltd. (HKD)
|
3,194,818
|
|||
|
21,384
|
Tencent Music Entertainment
Group, ADR
|
178,557
|
|||
|
8,747
|
Vipshop Holdings Ltd., ADR
|
115,985
|
|||
|
|
|
16,064,761
|
|||
|
|
China — 1.2%
|
|
|||
|
12,534
|
Yangtze Optical Fibre & Cable
Joint Stock Ltd., Co., Class H
(HKD) (d) (e)
|
408,166
|
|||
|
|
Germany — 2.7%
|
|
|||
|
9,271
|
Delivery Hero SE
(EUR) (c) (d) (e)
|
381,348
|
|||
|
3,075
|
Scout24 SE (EUR) (d) (e)
|
254,201
|
|||
|
9,168
|
Zalando SE (EUR) (c) (d) (e)
|
265,759
|
|||
|
|
|
901,308
|
|||
|
|
Isle Of Man — 0.6%
|
|
|||
|
26,759
|
Entain PLC (GBP)
|
198,415
|
|||
|
|
Japan — 2.4%
|
|
|||
|
103,576
|
LY Corp. (JPY)
|
276,338
|
|||
|
16,382
|
Nexon Co., Ltd. (JPY)
|
216,166
|
|||
|
63,673
|
Rakuten Group, Inc. (JPY) (c)
|
295,035
|
|||
|
|
|
787,539
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Jersey — 1.1%
|
|
|||
|
29,149
|
Wise Group PLC, Class A
(GBP) (c)
|
$349,607
|
|||
|
|
Luxembourg — 6.9%
|
|
|||
|
44,190
|
Allegro.eu S.A. (PLN) (c) (d) (e)
|
444,214
|
|||
|
4,013
|
Spotify Technology S.A. (c)
|
1,842,489
|
|||
|
|
|
2,286,703
|
|||
|
|
Netherlands — 8.3%
|
|
|||
|
1,318
|
Adyen N.V. (EUR) (c) (d) (e)
|
1,235,474
|
|||
|
34,216
|
Prosus N.V. (EUR)
|
1,485,222
|
|||
|
|
|
2,720,696
|
|||
|
|
New Zealand — 1.1%
|
|
|||
|
7,134
|
Xero Ltd. (AUD) (c)
|
356,710
|
|||
|
|
South Africa — 4.4%
|
|
|||
|
29,004
|
Naspers Ltd., Class N (ZAR)
|
1,453,069
|
|||
|
|
South Korea — 3.7%
|
|
|||
|
12,784
|
Kakao Corp. (KRW)
|
285,088
|
|||
|
1,196
|
Krafton, Inc. (KRW)
|
182,183
|
|||
|
5,905
|
NAVER Corp. (KRW)
|
758,468
|
|||
|
|
|
1,225,739
|
|||
|
|
Taiwan — 0.8%
|
|
|||
|
10,838
|
International Games System Co.,
Ltd. (TWD)
|
268,428
|
|||
|
|
United Kingdom — 1.0%
|
|
|||
|
13,857
|
IG Group Holdings PLC (GBP)
|
334,160
|
|||
|
|
Total Common Stocks
|
32,824,375
|
|||
|
|
(Cost $47,894,403)
|
|
|||
|
MONEY MARKET FUNDS — 0.2%
|
|||||
|
56,901
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (f)
|
56,901
|
|||
|
|
(Cost $56,901)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 99.9%
|
32,881,276
|
|||
|
|
(Cost $47,951,304)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.1%
|
32,078
|
|||
|
|
Net Assets — 100.0%
|
$32,913,354
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(e)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(f)
|
Rate shown reflects yield as of June 30, 2026.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
AUD
|
– Australian Dollar
|
|
CAD
|
– Canadian Dollar
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
HKD
|
– Hong Kong Dollar
|
|
JPY
|
– Japanese Yen
|
|
KRW
|
– South Korean Won
|
|
PLN
|
– Polish Zloty
|
|
TWD
|
– New Taiwan Dollar
|
|
USD
|
– United States Dollar
|
|
ZAR
|
– South African Rand
|
|
Sector Allocation
|
% of Total
Investments
|
|
Consumer Discretionary
|
40.3%
|
|
Communication Services
|
35.8
|
|
Information Technology
|
16.6
|
|
Financials
|
6.6
|
|
Consumer Staples
|
0.5
|
|
Money Market Funds
|
0.2
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
HKD
|
39.1%
|
|
USD
|
18.7
|
|
CAD
|
12.6
|
|
EUR
|
11.0
|
|
ZAR
|
4.4
|
|
KRW
|
3.7
|
|
AUD
|
3.2
|
|
GBP
|
2.7
|
|
JPY
|
2.4
|
|
PLN
|
1.4
|
|
TWD
|
0.8
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$32,824,375
|
$32,824,375
|
$—
|
$—
|
|
Money Market Funds
|
56,901
|
56,901
|
—
|
—
|
|
Total Investments
|
$32,881,276
|
$32,881,276
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.7%
|
|||||
|
|
Bermuda — 1.2%
|
|
|||
|
1,123
|
Credicorp Ltd.
|
$437,498
|
|||
|
|
Brazil — 10.9%
|
|
|||
|
49,698
|
Ambev S.A. (BRL)
|
156,825
|
|||
|
22,916
|
Axia Energia S.A. (BRL)
|
241,399
|
|||
|
58,942
|
B3 S.A. - Brasil Bolsa Balcao
(BRL)
|
165,900
|
|||
|
75,651
|
Banco Bradesco S.A. (Preference
Shares) (BRL)
|
265,247
|
|||
|
20,370
|
Banco BTG Pactual S.A. (BRL)
|
213,435
|
|||
|
50,240
|
Banco do Brasil S.A. (BRL)
|
193,766
|
|||
|
43,918
|
Banco Santander Brasil S.A.
(BRL)
|
228,000
|
|||
|
27,461
|
Cia de Saneamento Basico do
Estado de Sao Paulo SABESP
(BRL)
|
157,671
|
|||
|
67,505
|
Itau Unibanco Holding S.A.
(Preference Shares) (BRL)
|
551,568
|
|||
|
72,662
|
Itausa S.A. (Preference Shares)
(BRL)
|
188,330
|
|||
|
99,746
|
Petroleo Brasileiro S.A. -
Petrobras (Preference Shares)
(BRL)
|
730,372
|
|||
|
42,043
|
Vale S.A. (BRL)
|
634,273
|
|||
|
23,219
|
WEG S.A. (BRL)
|
210,992
|
|||
|
|
|
3,937,778
|
|||
|
|
Chile — 1.2%
|
|
|||
|
70,324
|
Falabella S.A. (CLP)
|
439,046
|
|||
|
|
Colombia — 0.9%
|
|
|||
|
16,269
|
Grupo Cibest S.A. (Preference
Shares) (COP)
|
321,742
|
|||
|
|
Greece — 1.1%
|
|
|||
|
22,814
|
National Bank of Greece S.A.
(EUR)
|
393,223
|
|||
|
|
Hungary — 2.2%
|
|
|||
|
5,303
|
OTP Bank Nyrt (HUF)
|
782,630
|
|||
|
|
India — 12.7%
|
|
|||
|
14,910
|
Axis Bank Ltd. (INR)
|
211,965
|
|||
|
14,498
|
Bajaj Finance Ltd. (INR)
|
153,888
|
|||
|
19,496
|
Bharat Electronics Ltd. (INR)
|
84,815
|
|||
|
14,753
|
Bharti Airtel Ltd. (INR)
|
288,643
|
|||
|
42,201
|
Eternal Ltd. (INR) (c)
|
117,965
|
|||
|
78,961
|
HDFC Bank Ltd. (INR)
|
665,622
|
|||
|
7,415
|
Hindalco Industries Ltd. (INR)
|
74,934
|
|||
|
4,211
|
Hindustan Unilever Ltd. (INR)
|
94,231
|
|||
|
37,568
|
ICICI Bank Ltd. (INR)
|
545,787
|
|||
|
17,627
|
Infosys Ltd. (INR)
|
186,291
|
|||
|
40,662
|
ITC Ltd. (INR)
|
123,263
|
|||
|
38,336
|
Kotak Mahindra Bank Ltd.
(INR)
|
158,858
|
|||
|
5,486
|
Larsen & Toubro Ltd. (INR)
|
240,133
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
India (Continued)
|
|
|||
|
4,986
|
Mahindra & Mahindra Ltd.
(INR)
|
$161,644
|
|||
|
669
|
Maruti Suzuki India Ltd. (INR)
|
99,758
|
|||
|
22,010
|
NTPC Ltd. (INR)
|
82,928
|
|||
|
22,869
|
Power Grid Corp. of India Ltd.
(INR)
|
69,168
|
|||
|
34,159
|
Reliance Industries Ltd. (INR)
|
466,923
|
|||
|
7,562
|
Shriram Finance Ltd. (INR)
|
83,254
|
|||
|
18,884
|
State Bank of India (INR)
|
204,862
|
|||
|
5,562
|
Sun Pharmaceutical Industries
Ltd. (INR)
|
109,438
|
|||
|
4,740
|
Tata Consultancy Services Ltd.
(INR)
|
101,727
|
|||
|
42,655
|
Tata Steel Ltd. (INR)
|
84,743
|
|||
|
2,012
|
Titan Co., Ltd. (INR)
|
93,608
|
|||
|
645
|
UltraTech Cement Ltd. (INR)
|
76,677
|
|||
|
|
|
4,581,125
|
|||
|
|
Mexico — 9.9%
|
|
|||
|
490,514
|
America Movil S.A.B. de C.V.,
Series B (MXN)
|
635,319
|
|||
|
281,260
|
Cemex S.A.B. de C.V.,
Series CPO (MXN)
|
337,753
|
|||
|
37,441
|
Fomento Economico Mexicano
S.A.B. de C.V., Series UBD
(MXN)
|
477,339
|
|||
|
52,267
|
Grupo Financiero Banorte
S.A.B. de C.V., Class O
(MXN)
|
551,647
|
|||
|
116,918
|
Grupo Mexico S.A.B. de C.V.,
Series B (MXN)
|
1,325,394
|
|||
|
92,536
|
Wal-Mart de Mexico S.A.B. de
C.V. (MXN)
|
271,827
|
|||
|
|
|
3,599,279
|
|||
|
|
Poland — 4.1%
|
|
|||
|
5,514
|
Bank Polska Kasa Opieki S.A.
(PLN)
|
335,372
|
|||
|
15,281
|
ORLEN S.A. (PLN)
|
514,269
|
|||
|
22,527
|
Powszechna Kasa Oszczednosci
Bank Polski S.A. (PLN)
|
617,639
|
|||
|
|
|
1,467,280
|
|||
|
|
South Africa — 9.7%
|
|
|||
|
1,549
|
Capitec Bank Holdings Ltd.
(ZAR)
|
449,203
|
|||
|
88,049
|
FirstRand Ltd. (ZAR)
|
522,811
|
|||
|
15,220
|
Gold Fields Ltd. (ZAR)
|
511,933
|
|||
|
15,473
|
Impala Platinum Holdings Ltd.
(ZAR)
|
162,476
|
|||
|
29,484
|
MTN Group Ltd. (ZAR)
|
410,148
|
|||
|
13,803
|
Naspers Ltd., Class N (ZAR)
|
691,515
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
South Africa (Continued)
|
|
|||
|
22,509
|
Standard Bank Group Ltd.
(ZAR)
|
$443,955
|
|||
|
4,559
|
Valterra Platinum Ltd. (ZAR)
|
307,941
|
|||
|
|
|
3,499,982
|
|||
|
|
South Korea — 25.0%
|
|
|||
|
519
|
Celltrion, Inc. (KRW)
|
58,054
|
|||
|
1,475
|
Doosan Enerbility Co., Ltd.
(KRW) (c)
|
82,637
|
|||
|
903
|
Hana Financial Group, Inc.
(KRW)
|
66,794
|
|||
|
116
|
Hanwha Aerospace Co., Ltd.
(KRW)
|
74,498
|
|||
|
187
|
Hyundai Mobis Co., Ltd. (KRW)
|
60,350
|
|||
|
556
|
Hyundai Motor Co. (KRW)
|
177,641
|
|||
|
1,203
|
KB Financial Group, Inc.
(KRW)
|
123,460
|
|||
|
767
|
Kia Corp. (KRW)
|
68,319
|
|||
|
480
|
NAVER Corp. (KRW)
|
61,654
|
|||
|
240
|
POSCO Holdings, Inc. (KRW)
|
49,106
|
|||
|
176
|
Samsung Electro-Mechanics Co.,
Ltd. (KRW)
|
248,102
|
|||
|
20,317
|
Samsung Electronics Co., Ltd.
(KRW)
|
4,379,964
|
|||
|
204
|
Samsung SDI Co., Ltd.
(KRW) (c)
|
64,124
|
|||
|
1,546
|
Shinhan Financial Group Co.,
Ltd. (KRW)
|
95,596
|
|||
|
1,823
|
SK hynix, Inc. (KRW)
|
3,118,150
|
|||
|
255
|
SK Square Co., Ltd. (KRW)
|
279,310
|
|||
|
2,345
|
Woori Financial Group, Inc.
(KRW)
|
43,894
|
|||
|
|
|
9,051,653
|
|||
|
|
Taiwan — 18.0%
|
|
|||
|
1,100
|
Accton Technology Corp.
(TWD)
|
86,152
|
|||
|
7,702
|
ASE Technology Holding Co.,
Ltd. (TWD)
|
164,405
|
|||
|
648
|
Asia Vital Components Co., Ltd.
(TWD)
|
51,362
|
|||
|
20,094
|
Cathay Financial Holding Co.,
Ltd. (TWD)
|
62,004
|
|||
|
813
|
Chroma ATE, Inc. (TWD)
|
55,125
|
|||
|
9,672
|
Chunghwa Telecom Co., Ltd.
(TWD)
|
42,961
|
|||
|
40,003
|
CTBC Financial Holding Co.,
Ltd. (TWD)
|
89,156
|
|||
|
4,195
|
Delta Electronics, Inc. (TWD)
|
256,784
|
|||
|
32,401
|
E.Sun Financial Holding Co.,
Ltd. (TWD)
|
35,039
|
|||
|
698
|
Elite Material Co., Ltd. (TWD)
|
118,099
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Taiwan (Continued)
|
|
|||
|
17,811
|
Fubon Financial Holding Co.,
Ltd. (TWD)
|
$72,404
|
|||
|
27,283
|
Hon Hai Precision Industry Co.,
Ltd. (TWD)
|
214,965
|
|||
|
3,260
|
MediaTek, Inc. (TWD)
|
434,407
|
|||
|
25,858
|
Mega Financial Holding Co.,
Ltd. (TWD)
|
37,420
|
|||
|
6,171
|
Quanta Computer, Inc. (TWD)
|
71,286
|
|||
|
55,731
|
Taiwan Semiconductor
Manufacturing Co., Ltd.
(TWD)
|
4,216,148
|
|||
|
54,541
|
TS Financial Holding Co., Ltd.
(TWD)
|
56,927
|
|||
|
3,015
|
Unimicron Technology Corp.
(TWD)
|
101,268
|
|||
|
27,349
|
United Microelectronics Corp.
(TWD)
|
141,224
|
|||
|
3,906
|
Yageo Corp. (TWD)
|
139,778
|
|||
|
28,881
|
Yuanta Financial Holding Co.,
Ltd. (TWD)
|
59,563
|
|||
|
|
|
6,506,477
|
|||
|
|
United Kingdom — 1.9%
|
|
|||
|
8,481
|
Anglogold Ashanti PLC (ZAR)
|
687,505
|
|||
|
|
United States — 0.9%
|
|
|||
|
1,941
|
Southern Copper Corp.
|
338,239
|
|||
|
|
Total Common Stocks
|
36,043,457
|
|||
|
|
(Cost $26,622,886)
|
|
|||
|
MONEY MARKET FUNDS — 2.4%
|
|||||
|
845,532
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (d)
|
845,532
|
|||
|
|
(Cost $845,532)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 102.1%
|
36,888,989
|
|||
|
|
(Cost $27,468,418)
|
|
|||
|
|
Net Other Assets and
Liabilities — (2.1)%
|
(747,426
)
|
|||
|
|
Net Assets — 100.0%
|
$36,141,563
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
Rate shown reflects yield as of June 30, 2026.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
BRL
|
– Brazilian Real
|
|
CLP
|
– Chilean Peso
|
|
COP
|
– Colombian Peso
|
|
EUR
|
– Euro
|
|
HUF
|
– Hungarian Forint
|
|
INR
|
– Indian Rupee
|
|
KRW
|
– South Korean Won
|
|
MXN
|
– Mexican Peso
|
|
PLN
|
– Polish Zloty
|
|
TWD
|
– New Taiwan Dollar
|
|
USD
|
– United States Dollar
|
|
ZAR
|
– South African Rand
|
|
Sector Allocation
|
% of Total
Investments
|
|
Information Technology
|
38.4%
|
|
Financials
|
25.6
|
|
Materials
|
12.4
|
|
Consumer Discretionary
|
5.2
|
|
Energy
|
4.6
|
|
Communication Services
|
3.9
|
|
Consumer Staples
|
3.0
|
|
Industrials
|
2.6
|
|
Money Market Funds
|
2.3
|
|
All Other
|
2.0
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
KRW
|
24.5%
|
|
TWD
|
17.6
|
|
INR
|
12.4
|
|
ZAR
|
11.3
|
|
BRL
|
10.7
|
|
MXN
|
9.8
|
|
USD
|
4.4
|
|
PLN
|
4.0
|
|
HUF
|
2.1
|
|
CLP
|
1.2
|
|
EUR
|
1.1
|
|
COP
|
0.9
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$36,043,457
|
$36,043,457
|
$—
|
$—
|
|
Money Market Funds
|
845,532
|
845,532
|
—
|
—
|
|
Total Investments
|
$36,888,989
|
$36,888,989
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 99.7%
|
|||||
|
|
Brazil — 12.8%
|
|
|||
|
392,676
|
B3 S.A. - Brasil Bolsa Balcao
(BRL)
|
$1,105,240
|
|||
|
302,012
|
Cia de Saneamento Basico do
Estado de Sao Paulo SABESP
(BRL)
|
1,734,040
|
|||
|
307,413
|
Cia Energetica de Minas Gerais
(Preference Shares) (BRL)
|
647,304
|
|||
|
465,168
|
Itau Unibanco Holding S.A.
(Preference Shares) (BRL)
|
3,800,784
|
|||
|
484,081
|
Itausa S.A. (Preference Shares)
(BRL)
|
1,254,674
|
|||
|
831,129
|
Petroleo Brasileiro S.A. -
Petrobras (Preference Shares)
(BRL)
|
6,085,791
|
|||
|
255,318
|
WEG S.A. (BRL)
|
2,320,084
|
|||
|
|
|
16,947,917
|
|||
|
|
Cayman Islands — 0.2%
|
|
|||
|
1,619
|
Alchip Technologies Ltd.
(TWD)
|
212,435
|
|||
|
|
Chile — 1.3%
|
|
|||
|
3,955,181
|
Banco de Chile (CLP)
|
774,336
|
|||
|
7,889
|
Banco de Credito e Inversiones
S.A. (CLP)
|
518,272
|
|||
|
4,829,152
|
Banco Santander Chile (CLP)
|
395,461
|
|||
|
|
|
1,688,069
|
|||
|
|
Colombia — 0.8%
|
|
|||
|
57,465
|
Grupo Cibest S.A. (Preference
Shares) (COP)
|
1,136,449
|
|||
|
|
Greece — 2.6%
|
|
|||
|
123,760
|
Alpha Bank S.A. (EUR)
|
558,702
|
|||
|
189,925
|
Eurobank S.A. (EUR)
|
903,836
|
|||
|
65,412
|
National Bank of Greece S.A.
(EUR)
|
1,127,445
|
|||
|
82,813
|
Piraeus Bank S.A. (EUR)
|
859,923
|
|||
|
|
|
3,449,906
|
|||
|
|
Mexico — 4.3%
|
|
|||
|
68,369
|
Coca-Cola Femsa S.A.B. de
C.V. (MXN)
|
722,845
|
|||
|
20,794
|
Grupo Aeroportuario del Sureste
S.A.B. de C.V., Class B
(MXN)
|
635,336
|
|||
|
219,636
|
Grupo Financiero Banorte
S.A.B. de C.V., Class O
(MXN)
|
2,318,125
|
|||
|
680,882
|
Wal-Mart de Mexico S.A.B. de
C.V. (MXN)
|
2,000,109
|
|||
|
|
|
5,676,415
|
|||
|
|
Peru — 0.6%
|
|
|||
|
29,809
|
Cia de Minas Buenaventura
S.A.A., ADR
|
873,106
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Philippines — 1.8%
|
|
|||
|
204,918
|
BDO Unibank, Inc. (PHP)
|
$395,678
|
|||
|
140,430
|
International Container Terminal
Services, Inc. (PHP)
|
2,036,544
|
|||
|
|
|
2,432,222
|
|||
|
|
Poland — 4.5%
|
|
|||
|
16,394
|
Bank Polska Kasa Opieki S.A.
(PLN)
|
997,115
|
|||
|
4,068
|
Erste Bank Polska S.A. (PLN)
|
697,069
|
|||
|
18,649
|
KGHM Polska Miedz S.A.
(PLN)
|
1,642,161
|
|||
|
66,956
|
Powszechna Kasa Oszczednosci
Bank Polski S.A. (PLN)
|
1,835,781
|
|||
|
44,370
|
Powszechny Zaklad
Ubezpieczen S.A. (PLN)
|
773,980
|
|||
|
|
|
5,946,106
|
|||
|
|
South Africa — 13.5%
|
|
|||
|
63,327
|
Absa Group Ltd. (ZAR)
|
881,165
|
|||
|
44,693
|
Bid Corp., Ltd. (ZAR)
|
1,218,553
|
|||
|
6,931
|
Capitec Bank Holdings Ltd.
(ZAR)
|
2,009,960
|
|||
|
393,737
|
FirstRand Ltd. (ZAR)
|
2,337,904
|
|||
|
87,131
|
Gold Fields Ltd. (ZAR)
|
2,930,698
|
|||
|
121,162
|
Impala Platinum Holdings Ltd.
(ZAR)
|
1,272,275
|
|||
|
35,938
|
Nedbank Group Ltd. (ZAR)
|
592,275
|
|||
|
53,195
|
Northam Platinum Holdings Ltd.
(ZAR)
|
766,131
|
|||
|
139,565
|
Sanlam Ltd. (ZAR)
|
751,759
|
|||
|
100,654
|
Standard Bank Group Ltd.
(ZAR)
|
1,985,243
|
|||
|
35,715
|
Valterra Platinum Ltd. (ZAR)
|
2,412,398
|
|||
|
80,159
|
Vodacom Group Ltd. (ZAR)
|
742,719
|
|||
|
|
|
17,901,080
|
|||
|
|
South Korea — 34.6%
|
|
|||
|
401
|
Alteogen, Inc. (KRW)
|
93,436
|
|||
|
1,843
|
Celltrion, Inc. (KRW)
|
206,152
|
|||
|
3,208
|
Hana Financial Group, Inc.
(KRW)
|
237,292
|
|||
|
534
|
Hanmi Semiconductor Co., Ltd.
(KRW)
|
88,408
|
|||
|
268
|
HD Hyundai Electric Co., Ltd.
(KRW)
|
168,138
|
|||
|
341
|
HD Hyundai Heavy Industries
Co., Ltd. (KRW)
|
130,299
|
|||
|
548
|
HD Korea Shipbuilding &
Offshore Engineering Co.,
Ltd. (KRW)
|
123,798
|
|||
|
58
|
Hyosung Heavy Industries Corp.
(KRW)
|
128,706
|
|||
|
666
|
Hyundai Mobis Co., Ltd. (KRW)
|
214,936
|
|||
|
845
|
Hyundai Rotem Co., Ltd.
(KRW)
|
94,355
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
South Korea (Continued)
|
|
|||
|
3,664
|
Kakao Corp. (KRW)
|
$81,709
|
|||
|
4,263
|
KB Financial Group, Inc.
(KRW)
|
437,499
|
|||
|
2,724
|
Kia Corp. (KRW)
|
242,633
|
|||
|
830
|
Korea Aerospace Industries Ltd.
(KRW)
|
78,430
|
|||
|
404
|
Krafton, Inc. (KRW)
|
61,540
|
|||
|
833
|
LS Electric Co., Ltd. (KRW)
|
127,964
|
|||
|
1,711
|
NAVER Corp. (KRW)
|
219,769
|
|||
|
115
|
Samsung Biologics Co., Ltd.
(KRW) (c) (d) (e)
|
103,250
|
|||
|
635
|
Samsung Electro-Mechanics Co.,
Ltd. (KRW)
|
895,140
|
|||
|
70,675
|
Samsung Electronics Co., Ltd.
(KRW)
|
15,236,203
|
|||
|
402
|
Samsung Fire & Marine
Insurance Co., Ltd. (KRW)
|
160,354
|
|||
|
912
|
Samsung Life Insurance Co.,
Ltd. (KRW)
|
236,050
|
|||
|
5,489
|
Shinhan Financial Group Co.,
Ltd. (KRW)
|
339,409
|
|||
|
14,643
|
SK hynix, Inc. (KRW)
|
25,046,118
|
|||
|
903
|
SK Square Co., Ltd. (KRW)
|
989,086
|
|||
|
8,324
|
Woori Financial Group, Inc.
(KRW)
|
155,810
|
|||
|
|
|
45,896,484
|
|||
|
|
Taiwan — 22.7%
|
|
|||
|
10,277
|
Accton Technology Corp.
(TWD)
|
804,894
|
|||
|
6,075
|
Asia Vital Components Co., Ltd.
(TWD)
|
481,515
|
|||
|
574
|
ASPEED Technology, Inc.
(TWD)
|
297,212
|
|||
|
14,045
|
Asustek Computer, Inc. (TWD)
|
308,618
|
|||
|
172,137
|
Chang Hwa Commercial Bank
Ltd. (TWD)
|
129,684
|
|||
|
7,595
|
Chroma ATE, Inc. (TWD)
|
514,972
|
|||
|
374,395
|
CTBC Financial Holding Co.,
Ltd. (TWD)
|
834,431
|
|||
|
39,240
|
Delta Electronics, Inc. (TWD)
|
2,401,959
|
|||
|
303,240
|
E.Sun Financial Holding Co.,
Ltd. (TWD)
|
327,927
|
|||
|
6,534
|
Elite Material Co., Ltd. (TWD)
|
1,105,528
|
|||
|
245,088
|
First Financial Holding Co., Ltd.
(TWD)
|
251,962
|
|||
|
166,675
|
Fubon Financial Holding Co.,
Ltd. (TWD)
|
677,551
|
|||
|
1,652
|
Global Unichip Corp. (TWD)
|
251,250
|
|||
|
6,378
|
Gold Circuit Electronics Ltd.
(TWD)
|
240,252
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Taiwan (Continued)
|
|
|||
|
215,666
|
Hua Nan Financial Holdings Co.,
Ltd. (TWD)
|
$257,257
|
|||
|
1,669
|
Jentech Precision Industrial Co.,
Ltd. (TWD)
|
179,702
|
|||
|
347,450
|
KGI Financial Holding Co., Ltd.
(TWD)
|
313,023
|
|||
|
1,341
|
King Slide Works Co., Ltd.
(TWD)
|
309,819
|
|||
|
23,397
|
King Yuan Electronics Co., Ltd.
(TWD)
|
247,877
|
|||
|
1,717
|
Largan Precision Co., Ltd.
(TWD)
|
231,222
|
|||
|
45,104
|
Lite-On Technology Corp.
(TWD)
|
314,319
|
|||
|
30,498
|
MediaTek, Inc. (TWD)
|
4,063,975
|
|||
|
242,005
|
Mega Financial Holding Co.,
Ltd. (TWD)
|
350,209
|
|||
|
12,149
|
Novatek Microelectronics Corp.
(TWD)
|
204,031
|
|||
|
6,460
|
PharmaEssentia Corp. (TWD)
|
271,731
|
|||
|
3,569
|
Phison Electronics Corp. (TWD)
|
267,200
|
|||
|
57,757
|
Quanta Computer, Inc. (TWD)
|
667,198
|
|||
|
9,793
|
Realtek Semiconductor Corp.
(TWD)
|
247,772
|
|||
|
272,416
|
SinoPac Financial Holdings Co.,
Ltd. (TWD)
|
341,199
|
|||
|
224,831
|
Taiwan Cooperative Financial
Holding Co., Ltd. (TWD)
|
175,382
|
|||
|
141,041
|
Taiwan Semiconductor
Manufacturing Co., Ltd.
(TWD)
|
10,669,999
|
|||
|
510,447
|
TS Financial Holding Co., Ltd.
(TWD)
|
532,776
|
|||
|
255,944
|
United Microelectronics Corp.
(TWD)
|
1,321,639
|
|||
|
270,281
|
Yuanta Financial Holding Co.,
Ltd. (TWD)
|
557,420
|
|||
|
|
|
30,151,505
|
|||
|
|
Total Common Stocks
|
132,311,694
|
|||
|
|
(Cost $83,653,786)
|
|
|||
|
MONEY MARKET FUNDS — 0.0%
|
|||||
|
20,629
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (f)
|
20,629
|
|||
|
|
(Cost $20,629)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 99.7%
|
132,332,323
|
|||
|
|
(Cost $83,674,415)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.3%
|
373,449
|
|||
|
|
Net Assets — 100.0%
|
$132,705,772
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index. For a
breakdown of the portfolio securities by sector, please see the
Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(d)
|
Non-income producing security.
|
|
(e)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(f)
|
Rate shown reflects yield as of June 30, 2026.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
BRL
|
– Brazilian Real
|
|
CLP
|
– Chilean Peso
|
|
COP
|
– Colombian Peso
|
|
EUR
|
– Euro
|
|
KRW
|
– South Korean Won
|
|
MXN
|
– Mexican Peso
|
|
PHP
|
– Philippine Peso
|
|
PLN
|
– Polish Zloty
|
|
TWD
|
– New Taiwan Dollar
|
|
USD
|
– United States Dollar
|
|
ZAR
|
– South African Rand
|
|
Sector Allocation
|
% of Total
Investments
|
|
Information Technology
|
50.3%
|
|
Financials
|
25.9
|
|
Materials
|
7.5
|
|
Industrials
|
5.2
|
|
Energy
|
4.6
|
|
Consumer Staples
|
3.0
|
|
Utilities
|
1.8
|
|
Communication Services
|
0.8
|
|
Health Care
|
0.5
|
|
All Other
|
0.4
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
KRW
|
34.7%
|
|
TWD
|
22.9
|
|
ZAR
|
13.5
|
|
BRL
|
12.8
|
|
PLN
|
4.5
|
|
MXN
|
4.3
|
|
EUR
|
2.6
|
|
PHP
|
1.8
|
|
CLP
|
1.3
|
|
COP
|
0.9
|
|
USD
|
0.7
|
|
Total
|
100.0%
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$132,311,694
|
$132,311,694
|
$—
|
$—
|
|
Money Market Funds
|
20,629
|
20,629
|
—
|
—
|
|
Total Investments
|
$132,332,323
|
$132,332,323
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|