|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.7%
|
|||||
|
|
Biotechnology — 9.7%
|
|
|||
|
1,765
|
Caris Life Sciences, Inc. (a)
|
$31,452
|
|||
|
483
|
Natera, Inc. (a)
|
131,110
|
|||
|
569
|
Twist Bioscience Corp. (a)
|
58,539
|
|||
|
865
|
Veracyte, Inc. (a)
|
50,802
|
|||
|
|
|
271,903
|
|||
|
|
Health Care Equipment &
Supplies — 34.8%
|
|
|||
|
566
|
Align Technology, Inc. (a)
|
95,462
|
|||
|
2,350
|
Alphatec Holdings, Inc. (a)
|
20,328
|
|||
|
2,933
|
Dexcom, Inc. (a)
|
197,538
|
|||
|
473
|
Establishment Labs Holdings,
Inc. (a)
|
40,588
|
|||
|
1,128
|
Globus Medical, Inc.,
Class A (a)
|
89,123
|
|||
|
403
|
Inspire Medical Systems, Inc. (a)
|
17,978
|
|||
|
437
|
Insulet Corp. (a)
|
66,533
|
|||
|
428
|
Intuitive Surgical, Inc. (a)
|
170,207
|
|||
|
444
|
iRhythm Holdings, Inc. (a)
|
52,814
|
|||
|
704
|
Procept Biorobotics Corp. (a)
|
15,896
|
|||
|
620
|
QuidelOrtho Corp. (a)
|
10,859
|
|||
|
840
|
ResMed, Inc.
|
163,699
|
|||
|
915
|
Tandem Diabetes Care, Inc. (a)
|
13,807
|
|||
|
380
|
TransMedics Group, Inc. (a)
|
25,240
|
|||
|
|
|
980,072
|
|||
|
|
Health Care Providers &
Services — 15.0%
|
|
|||
|
1,147
|
Guardant Health, Inc. (a)
|
172,084
|
|||
|
2,625
|
Hims & Hers Health, Inc. (a)
|
91,009
|
|||
|
498
|
Hinge Health, Inc., Class A (a)
|
41,334
|
|||
|
2,783
|
LifeStance Health Group,
Inc. (a)
|
29,806
|
|||
|
1,761
|
NeoGenomics, Inc. (a)
|
25,693
|
|||
|
1,501
|
Privia Health Group, Inc. (a)
|
38,621
|
|||
|
862
|
Progyny, Inc. (a)
|
24,851
|
|||
|
|
|
423,398
|
|||
|
|
Health Care Technology —
12.5%
|
|
|||
|
1,934
|
Doximity, Inc., Class A (a)
|
40,111
|
|||
|
1,235
|
HeartFlow, Inc. (a)
|
36,235
|
|||
|
773
|
Schrodinger, Inc. (a)
|
12,561
|
|||
|
2,579
|
Teladoc Health, Inc. (a)
|
21,870
|
|||
|
1,183
|
Veeva Systems, Inc., Class A (a)
|
209,947
|
|||
|
1,505
|
Waystar Holding Corp. (a)
|
30,898
|
|||
|
|
|
351,622
|
|||
|
|
Insurance — 4.1%
|
|
|||
|
4,070
|
Oscar Health, Inc., Class A (a)
|
116,076
|
|||
|
|
Life Sciences Tools & Services
— 23.6%
|
|
|||
|
1,323
|
10X Genomics, Inc., Class A (a)
|
50,724
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Life Sciences Tools & Services
(Continued)
|
|
|||
|
2,336
|
Adaptive Biotechnologies
Corp. (a)
|
$50,107
|
|||
|
801
|
Illumina, Inc. (a)
|
140,840
|
|||
|
1,204
|
IQVIA Holdings, Inc. (a)
|
232,637
|
|||
|
2,162
|
QIAGEN N.V.
|
84,534
|
|||
|
1,798
|
Tempus AI, Inc., Class A (a)
|
104,158
|
|||
|
|
|
663,000
|
|||
|
|
Total Common Stocks
|
2,806,071
|
|||
|
|
(Cost $2,669,973)
|
|
|||
|
MONEY MARKET FUNDS — 0.0%
|
|||||
|
1,504
|
Morgan Stanley Institutional
Liquidity Funds - Treasury
Portfolio - Institutional Class -
3.51% (b)
|
1,504
|
|||
|
|
(Cost $1,504)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 99.7%
|
2,807,575
|
|||
|
|
(Cost $2,671,477)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.3%
|
8,081
|
|||
|
|
Net Assets — 100.0%
|
$2,815,656
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
Rate shown reflects yield as of June 30, 2026.
|
|
|
Total
Value at
6/30/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$2,806,071
|
$2,806,071
|
$—
|
$—
|
|
Money Market Funds
|
1,504
|
1,504
|
—
|
—
|
|
Total Investments
|
$2,807,575
|
$2,807,575
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) — 99.8%
|
|||||
|
|
Communications Equipment
— 0.9%
|
|
|||
|
10,149
|
Sercomm Corp. (TWD)
|
$25,742
|
|||
|
|
Electronic Equipment,
Instruments & Components
— 6.0%
|
|
|||
|
525
|
Amphenol Corp., Class A
|
92,568
|
|||
|
46,765
|
AUO Corp. (TWD)
|
48,003
|
|||
|
3,503
|
Sunny Optical Technology
Group Co., Ltd. (HKD)
|
27,246
|
|||
|
|
|
167,817
|
|||
|
|
Entertainment — 24.2%
|
|
|||
|
1,332
|
Capcom Co., Ltd. (JPY)
|
24,675
|
|||
|
1,630
|
DeNA Co., Ltd. (JPY)
|
24,566
|
|||
|
357
|
Electronic Arts, Inc.
|
73,199
|
|||
|
2,736
|
Koei Tecmo Holdings Co., Ltd.
(JPY)
|
25,485
|
|||
|
1,762
|
MIXI, Inc. (JPY)
|
29,335
|
|||
|
3,226
|
NetEase, Inc. (HKD)
|
83,253
|
|||
|
708
|
Netflix, Inc. (b)
|
50,551
|
|||
|
819
|
Netmarble Corp. (KRW) (c) (d)
|
19,744
|
|||
|
4,112
|
Nexon Co., Ltd. (JPY)
|
54,259
|
|||
|
1,340
|
Nintendo Co., Ltd. (JPY)
|
56,165
|
|||
|
725
|
Pearl Abyss Corp. (KRW) (b)
|
16,940
|
|||
|
1,309
|
ROBLOX Corp., Class A (b)
|
71,183
|
|||
|
1,730
|
Square Enix Holdings Co., Ltd.
(JPY)
|
25,642
|
|||
|
365
|
Take-Two Interactive Software,
Inc. (b)
|
91,243
|
|||
|
5,992
|
Ubisoft Entertainment S.A.
(EUR) (b)
|
36,807
|
|||
|
|
|
683,047
|
|||
|
|
Health Care Technology —
1.6%
|
|
|||
|
5,261
|
Teladoc Health, Inc. (b)
|
44,613
|
|||
|
|
Household Durables — 2.4%
|
|
|||
|
3,370
|
Sony Group Corp. (JPY)
|
67,982
|
|||
|
|
Interactive Media & Services
— 6.5%
|
|
|||
|
2,304
|
Grindr, Inc. (b)
|
33,109
|
|||
|
115
|
Meta Platforms, Inc., Class A
|
64,778
|
|||
|
5,580
|
Snap, Inc., Class A (b)
|
24,775
|
|||
|
1,125
|
Tencent Holdings Ltd. (HKD)
|
61,652
|
|||
|
|
|
184,314
|
|||
|
|
Semiconductors &
Semiconductor Equipment
— 42.0%
|
|
|||
|
305
|
Advanced Micro Devices,
Inc. (b)
|
177,178
|
|||
|
1,170
|
Intel Corp. (b)
|
163,367
|
|||
|
1,014
|
Microchip Technology, Inc.
|
92,477
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Semiconductors &
Semiconductor Equipment
(Continued)
|
|
|||
|
171
|
Micron Technology, Inc.
|
$197,384
|
|||
|
393
|
NVIDIA Corp.
|
78,635
|
|||
|
4,689
|
Pixart Imaging, Inc. (TWD)
|
35,032
|
|||
|
565
|
QUALCOMM, Inc.
|
104,406
|
|||
|
1,888
|
STMicroelectronics N.V. (EUR)
|
139,184
|
|||
|
198
|
Taiwan Semiconductor
Manufacturing Co., Ltd., ADR
|
94,559
|
|||
|
336
|
Texas Instruments, Inc.
|
100,151
|
|||
|
|
|
1,182,373
|
|||
|
|
Software — 11.6%
|
|
|||
|
314
|
Adobe, Inc. (b)
|
64,376
|
|||
|
194
|
Microsoft Corp.
|
72,366
|
|||
|
178
|
Synopsys, Inc. (b)
|
79,400
|
|||
|
1,281
|
Unity Software, Inc. (b)
|
36,611
|
|||
|
860
|
Zoom Communications, Inc. (b)
|
74,227
|
|||
|
|
|
326,980
|
|||
|
|
Technology Hardware, Storage
& Peripherals — 4.6%
|
|
|||
|
277
|
Apple, Inc.
|
80,153
|
|||
|
18,081
|
Xiaomi Corp., Class B
(HKD) (b) (c) (d)
|
49,889
|
|||
|
|
|
130,042
|
|||
|
|
Total Common Stocks
|
2,812,910
|
|||
|
|
(Cost $2,752,034)
|
|
|||
|
MONEY MARKET FUNDS — 0.2%
|
|||||
|
6,085
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.54% (e)
|
6,085
|
|||
|
|
(Cost $6,085)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
2,818,995
|
|||
|
|
(Cost $2,758,119)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.0)%
|
(586
)
|
|||
|
|
Net Assets — 100.0%
|
$2,818,409
|
|||
|
(a)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(b)
|
Non-income producing security.
|
|
(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:
|
|
|
ADR
|
– American Depositary Receipt
|
|
EUR
|
– Euro
|
|
HKD
|
– Hong Kong Dollar
|
|
JPY
|
– Japanese Yen
|
|
KRW
|
– South Korean Won
|
|
TWD
|
– New Taiwan Dollar
|
|
USD
|
– United States Dollar
|
|
Country Allocation†
|
% of Net
Assets
|
|
United States
|
66.5%
|
|
Japan
|
10.9
|
|
Cayman Islands
|
7.9
|
|
Taiwan
|
7.2
|
|
Netherlands
|
4.9
|
|
France
|
1.3
|
|
South Korea
|
1.3
|
|
Total Investments
|
100.0
|
|
Net Other Assets and Liabilities
|
(0.0)††
|
|
Total
|
100.0%
|
|
†
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index.
|
|
††
|
Amount is less than 0.1%.
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
69.8%
|
|
JPY
|
10.9
|
|
HKD
|
7.9
|
|
EUR
|
6.2
|
|
TWD
|
3.9
|
|
KRW
|
1.3
|
|
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*
|
$2,812,910
|
$2,812,910
|
$—
|
$—
|
|
Money Market Funds
|
6,085
|
6,085
|
—
|
—
|
|
Total Investments
|
$2,818,995
|
$2,818,995
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) — 98.7%
|
|||||
|
|
Broadline Retail — 6.3%
|
|
|||
|
40,159
|
Amazon.com, Inc. (b)
|
$9,571,496
|
|||
|
|
Communications Equipment
— 1.8%
|
|
|||
|
14,049
|
Arista Networks, Inc. (b)
|
2,386,644
|
|||
|
7,122
|
Viavi Solutions, Inc. (b)
|
340,076
|
|||
|
|
|
2,726,720
|
|||
|
|
Interactive Media & Services
— 9.5%
|
|
|||
|
28,499
|
Alphabet, Inc., Class A
|
10,184,688
|
|||
|
7,335
|
Meta Platforms, Inc., Class A
|
4,131,732
|
|||
|
|
|
14,316,420
|
|||
|
|
IT Services — 3.9%
|
|
|||
|
7,946
|
CoreWeave, Inc., Class A (b)
|
790,945
|
|||
|
1,064
|
MongoDB, Inc. (b)
|
357,398
|
|||
|
4,533
|
Okta, Inc. (b)
|
618,528
|
|||
|
16,413
|
Shopify, Inc., Class A (CAD) (b)
|
1,877,788
|
|||
|
8,570
|
Snowflake, Inc. (b)
|
2,181,065
|
|||
|
3,200
|
Wix.com Ltd. (b)
|
145,184
|
|||
|
|
|
5,970,908
|
|||
|
|
Semiconductors &
Semiconductor Equipment
— 54.8%
|
|
|||
|
19,374
|
Advanced Micro Devices,
Inc. (b)
|
11,254,550
|
|||
|
5,209
|
Ambarella, Inc. (b)
|
446,932
|
|||
|
617
|
ASM International N.V. (EUR)
|
705,334
|
|||
|
3,138
|
ASML Holding N.V. (EUR)
|
6,172,021
|
|||
|
3,686
|
Astera Labs, Inc. (b)
|
1,780,412
|
|||
|
1,185
|
BE Semiconductor Industries
N.V. (EUR)
|
388,727
|
|||
|
26,776
|
Broadcom, Inc.
|
10,114,634
|
|||
|
22,786
|
Marvell Technology, Inc.
|
6,787,722
|
|||
|
18,769
|
MediaTek, Inc. (TWD)
|
2,501,041
|
|||
|
11,489
|
Micron Technology, Inc.
|
13,261,638
|
|||
|
618
|
Monolithic Power Systems, Inc.
|
854,298
|
|||
|
45,494
|
NVIDIA Corp.
|
9,102,894
|
|||
|
14,382
|
QUALCOMM, Inc.
|
2,657,650
|
|||
|
6,554
|
SK hynix, Inc. (KRW)
|
11,210,289
|
|||
|
74,483
|
Taiwan Semiconductor
Manufacturing Co., Ltd.
(TWD)
|
5,634,769
|
|||
|
|
|
82,872,911
|
|||
|
|
Software — 21.9%
|
|
|||
|
11,032
|
Adobe, Inc. (b)
|
2,261,781
|
|||
|
3,861
|
Atlassian Corp., Class A (b)
|
300,347
|
|||
|
10,971
|
Box, Inc., Class A (b)
|
291,170
|
|||
|
3,645
|
Cadence Design Systems,
Inc. (b)
|
1,368,041
|
|||
|
3,298
|
CrowdStrike Holdings, Inc.,
Class A (b)
|
2,516,836
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Software (Continued)
|
|
|||
|
8,631
|
Datadog, Inc., Class A (b)
|
$2,247,167
|
|||
|
11,255
|
Dropbox, Inc., Class A (b)
|
309,175
|
|||
|
6,995
|
Dynatrace, Inc. (b)
|
307,151
|
|||
|
11,655
|
Gitlab, Inc., Class A (b)
|
355,827
|
|||
|
3,650
|
Intuit, Inc.
|
952,650
|
|||
|
19,066
|
Microsoft Corp.
|
7,111,999
|
|||
|
5,702
|
Nebius Group N.V. (b)
|
1,574,721
|
|||
|
28,784
|
Oracle Corp.
|
4,218,295
|
|||
|
28,387
|
Palantir Technologies, Inc.,
Class A (b)
|
3,311,911
|
|||
|
2,973
|
Qualys, Inc. (b)
|
408,758
|
|||
|
19,763
|
SentinelOne, Inc., Class A (b)
|
335,378
|
|||
|
27,889
|
ServiceNow, Inc. (b)
|
2,768,820
|
|||
|
2,572
|
Synopsys, Inc. (b)
|
1,147,292
|
|||
|
6,462
|
Trend Micro, Inc. (JPY)
|
237,742
|
|||
|
23,415
|
UiPath, Inc., Class A (b)
|
254,521
|
|||
|
6,838
|
Zoom Communications, Inc. (b)
|
590,188
|
|||
|
1,903
|
Zscaler, Inc. (b)
|
268,609
|
|||
|
|
|
33,138,379
|
|||
|
|
Technology Hardware, Storage
& Peripherals — 0.5%
|
|
|||
|
2,641
|
NetApp, Inc.
|
408,721
|
|||
|
11,358
|
Super Micro Computer, Inc. (b)
|
333,130
|
|||
|
|
|
741,851
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 98.7%
|
149,338,685
|
|||
|
|
(Cost $131,145,864)
|
|
|||
|
|
Net Other Assets and
Liabilities — 1.3%
|
1,991,682
|
|||
|
|
Net Assets — 100.0%
|
$151,330,367
|
|||
|
(a)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(b)
|
Non-income producing security.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
CAD
|
– Canadian Dollar
|
|
EUR
|
– Euro
|
|
JPY
|
– Japanese Yen
|
|
KRW
|
– South Korean Won
|
|
TWD
|
– New Taiwan Dollar
|
|
USD
|
– United States Dollar
|
|
Country Allocation†
|
% of Net
Assets
|
|
United States
|
78.3%
|
|
South Korea
|
7.4
|
|
Netherlands
|
5.8
|
|
Taiwan
|
5.4
|
|
Canada
|
1.2
|
|
Cayman Islands
|
0.3
|
|
Japan
|
0.2
|
|
Israel
|
0.1
|
|
Total Investments
|
98.7
|
|
Net Other Assets and Liabilities
|
1.3
|
|
Total
|
100.0%
|
|
†
|
Portfolio securities are categorized based upon their country of
incorporation, which can be different from the country
categorization of the Fund’s underlying index.
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
80.8%
|
|
KRW
|
7.5
|
|
TWD
|
5.4
|
|
EUR
|
4.9
|
|
CAD
|
1.2
|
|
JPY
|
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*
|
$149,338,685
|
$149,338,685
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) — 99.6%
|
|||||
|
|
Aerospace & Defense — 12.7%
|
|
|||
|
20,469
|
Babcock International
Group PLC (GBP)
|
$258,425
|
|||
|
5,892
|
BWX Technologies, Inc.
|
1,146,878
|
|||
|
1,646
|
Huntington Ingalls Industries,
Inc.
|
460,699
|
|||
|
80,507
|
Rolls-Royce Holdings PLC
(GBP)
|
1,542,671
|
|||
|
|
|
3,408,673
|
|||
|
|
Commercial Services &
Supplies — 0.2%
|
|
|||
|
1,857
|
KEPCO Plant Service &
Engineering Co., Ltd. (KRW)
|
53,098
|
|||
|
|
Construction & Engineering
— 3.1%
|
|
|||
|
2,646
|
Aecon Group, Inc. (CAD)
|
84,926
|
|||
|
2,788
|
AtkinsRealis Group, Inc. (CAD)
|
173,148
|
|||
|
2,686
|
Fluor Corp. (b)
|
140,719
|
|||
|
2,540
|
Hyundai Engineering &
Construction Co., Ltd. (KRW)
|
187,225
|
|||
|
1,234
|
KEPCO Engineering &
Construction Co., Inc. (KRW)
|
85,941
|
|||
|
19,938
|
Worley Ltd. (AUD)
|
152,673
|
|||
|
|
|
824,632
|
|||
|
|
Electric Utilities — 28.5%
|
|
|||
|
13,005
|
CEZ A/S (CZK)
|
760,378
|
|||
|
4,643
|
Constellation Energy Corp.
|
1,153,182
|
|||
|
9,582
|
Duke Energy Corp.
|
1,212,889
|
|||
|
11,026
|
Entergy Corp.
|
1,266,446
|
|||
|
17,588
|
Fortum Oyj (EUR)
|
407,747
|
|||
|
40,600
|
Kansai Electric Power (The) Co.,
Inc. (JPY)
|
570,690
|
|||
|
10,677
|
Korea Electric Power Corp.
(KRW)
|
254,985
|
|||
|
19,000
|
Kyushu Electric Power Co., Inc.
(JPY)
|
191,934
|
|||
|
10,981
|
Oklo, Inc. (b)
|
574,636
|
|||
|
12,998
|
Southern (The) Co.
|
1,244,039
|
|||
|
|
|
7,636,926
|
|||
|
|
Electrical Equipment — 13.7%
|
|
|||
|
121,252
|
Dongfang Electric Corp., Ltd.,
Class H (HKD)
|
329,611
|
|||
|
19,798
|
Doosan Enerbility Co., Ltd.
(KRW) (b)
|
1,109,189
|
|||
|
1,409
|
GE Vernova, Inc.
|
1,655,378
|
|||
|
25,868
|
Harbin Electric Co., Ltd.,
Class H (HKD)
|
50,530
|
|||
|
13,763
|
NuScale Power Corp. (b)
|
138,043
|
|||
|
929,549
|
Shanghai Electric Group Co.,
Ltd., Class H (HKD)
|
400,604
|
|||
|
|
|
3,683,355
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Electronic Equipment,
Instruments & Components
— 1.4%
|
|
|||
|
20,237
|
Mirion Technologies, Inc. (b)
|
$362,849
|
|||
|
|
Independent Power and
Renewable Electricity
Producers — 13.2%
|
|
|||
|
1,474,967
|
CGN Power Co., Ltd., Class H
(HKD) (c) (d)
|
504,015
|
|||
|
324,251
|
Huaneng Power International,
Inc., Class H (HKD)
|
226,562
|
|||
|
3,869
|
Talen Energy Corp. (b)
|
1,486,702
|
|||
|
8,381
|
Vistra Corp.
|
1,329,478
|
|||
|
|
|
3,546,757
|
|||
|
|
Industrial Conglomerates —
4.3%
|
|
|||
|
41,900
|
Hitachi Ltd. (JPY)
|
1,152,157
|
|||
|
|
Machinery — 4.9%
|
|
|||
|
17,100
|
IHI Corp. (JPY)
|
285,167
|
|||
|
41,900
|
Mitsubishi Heavy Industries Ltd.
(JPY)
|
944,712
|
|||
|
19,696
|
Silex Systems Ltd. (AUD) (b)
|
72,273
|
|||
|
|
|
1,302,152
|
|||
|
|
Metals & Mining — 5.5%
|
|
|||
|
35,778
|
BHP Group Ltd. (AUD)
|
1,471,388
|
|||
|
|
Oil, Gas & Consumable Fuels
— 12.1%
|
|
|||
|
11,269
|
Cameco Corp. (CAD)
|
1,148,632
|
|||
|
1,412
|
Centrus Energy Corp.,
Class A (b)
|
237,032
|
|||
|
219,683
|
CGN Mining Co., Ltd. (HKD)
|
68,346
|
|||
|
75,956
|
Denison Mines Corp. (CAD) (b)
|
232,969
|
|||
|
19,565
|
Energy Fuels, Inc. (CAD) (b)
|
284,180
|
|||
|
52,638
|
NexGen Energy Ltd. (CAD) (b)
|
494,369
|
|||
|
31,014
|
Paladin Energy Ltd. (AUD) (b)
|
199,694
|
|||
|
40,144
|
Uranium Energy Corp. (b)
|
427,935
|
|||
|
19,788
|
Yellow Cake PLC
(GBP) (b) (c) (d)
|
138,326
|
|||
|
|
|
3,231,483
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 99.6%
|
26,673,470
|
|||
|
|
(Cost $28,078,429)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.4%
|
115,958
|
|||
|
|
Net Assets — 100.0%
|
$26,789,428
|
|||
|
(a)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(b)
|
Non-income producing security.
|
|
(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.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
AUD
|
– Australian Dollar
|
|
CAD
|
– Canadian Dollar
|
|
CZK
|
– Czech Koruna
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
HKD
|
– Hong Kong Dollar
|
|
JPY
|
– Japanese Yen
|
|
KRW
|
– South Korean Won
|
|
USD
|
– United States Dollar
|
|
Country Allocation†
|
% of Net
Assets
|
|
United States
|
47.9%
|
|
Japan
|
11.8
|
|
Canada
|
9.0
|
|
Australia
|
7.1
|
|
United Kingdom
|
6.7
|
|
South Korea
|
6.3
|
|
China
|
5.7
|
|
Czech Republic
|
2.8
|
|
Finland
|
1.5
|
|
Jersey
|
0.5
|
|
Cayman Islands
|
0.3
|
|
Total Investments
|
99.6
|
|
Net Other Assets and Liabilities
|
0.4
|
|
Total
|
100.0%
|
|
†
|
Portfolio securities are categorized based upon their country of
incorporation, which can be different from the country
categorization of the Fund’s underlying index.
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
48.1%
|
|
JPY
|
11.8
|
|
CAD
|
9.1
|
|
GBP
|
7.3
|
|
AUD
|
7.1
|
|
KRW
|
6.3
|
|
HKD
|
5.9
|
|
CZK
|
2.9
|
|
EUR
|
1.5
|
|
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*
|
$26,673,470
|
$26,673,470
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) — 100.0%
|
|||||
|
|
Chemicals — 1.5%
|
|
|||
|
9,002
|
Elkem ASA (NOK) (b) (c) (d)
|
$29,084
|
|||
|
366
|
Intrepid Potash, Inc. (c)
|
11,997
|
|||
|
4,823
|
Sociedad Quimica y Minera de
Chile S.A., ADR
|
357,095
|
|||
|
|
|
398,176
|
|||
|
|
Independent Power and
Renewable Electricity
Producers — 0.1%
|
|
|||
|
52,262
|
Vedanta Power Ltd. (INR) (c)
|
22,239
|
|||
|
|
Metals & Mining — 85.2%
|
|
|||
|
8,908
|
Alcoa Corp.
|
464,463
|
|||
|
36,110
|
Anglo American PLC (GBP)
|
1,770,798
|
|||
|
11,764
|
Anglogold Ashanti PLC
|
951,590
|
|||
|
10,797
|
Antofagasta PLC (GBP)
|
547,090
|
|||
|
30,096
|
Barrick Mining Corp.
|
1,105,426
|
|||
|
58,935
|
BHP Group Ltd. (AUD)
|
2,423,730
|
|||
|
9,187
|
Boliden AB (SEK)
|
518,077
|
|||
|
22,075
|
Capstone Copper Corp.
(CAD) (c)
|
202,811
|
|||
|
6,724
|
Centerra Gold, Inc. (CAD)
|
106,626
|
|||
|
8,605
|
Cia de Minas Buenaventura
S.A.A., ADR
|
252,040
|
|||
|
304
|
Eramet S.A. (EUR) (c)
|
15,610
|
|||
|
3,974
|
Ferroglobe PLC
|
12,637
|
|||
|
34,164
|
Freeport-McMoRan, Inc.
|
2,148,574
|
|||
|
301,919
|
Glencore PLC (GBP)
|
2,057,674
|
|||
|
105,861
|
Grupo Mexico S.A.B. de C.V.,
Series B (MXN)
|
1,200,051
|
|||
|
48,060
|
Hindalco Industries Ltd. (INR)
|
485,684
|
|||
|
14,398
|
Iluka Resources Ltd. (AUD)
|
70,477
|
|||
|
18,099
|
JX Advanced Metals Corp.
(JPY)
|
489,556
|
|||
|
4,623
|
KGHM Polska Miedz S.A.
(PLN)
|
407,084
|
|||
|
1,899
|
Mitsui Kinzoku Co. (JPY)
|
496,955
|
|||
|
10,730
|
Newmont Corp.
|
1,002,182
|
|||
|
1,507
|
Nexa Resources S.A. (c)
|
18,446
|
|||
|
43,580
|
Norsk Hydro ASA (NOK)
|
395,361
|
|||
|
7,584
|
OceanaGold Corp. (CAD)
|
190,101
|
|||
|
24,006
|
Sibanye Stillwater Ltd., ADR
|
203,811
|
|||
|
151,310
|
South32 Ltd. (AUD)
|
408,561
|
|||
|
2,879
|
Southern Copper Corp.
|
501,695
|
|||
|
6,806
|
SSR Mining, Inc. (c)
|
192,474
|
|||
|
7,899
|
Sumitomo Metal Mining Co.,
Ltd. (JPY)
|
362,850
|
|||
|
15,826
|
Teck Resources Ltd., Class B
|
941,014
|
|||
|
6,712
|
USA Rare Earth, Inc. (c)
|
144,845
|
|||
|
8,955
|
Valterra Platinum Ltd. (GBP)
|
602,234
|
|||
|
55,122
|
Vedanta Aluminium Metal Ltd.
(INR) (c)
|
261,149
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Metals & Mining (Continued)
|
|
|||
|
52,262
|
Vedanta Iron and Steel Ltd.
(INR) (c)
|
$19,467
|
|||
|
55,122
|
Vedanta Ltd. (INR)
|
163,487
|
|||
|
9,064
|
Wheaton Precious Metals Corp.
|
1,018,069
|
|||
|
|
|
22,152,699
|
|||
|
|
Oil, Gas & Consumable Fuels
— 8.4%
|
|
|||
|
14,729
|
Cameco Corp.
|
1,500,296
|
|||
|
6,426
|
Encore Energy Corp. (c)
|
8,418
|
|||
|
8,039
|
Energy Fuels, Inc. (c)
|
116,565
|
|||
|
7,731
|
NAC Kazatomprom JSC,
GDR (d)
|
531,120
|
|||
|
52,262
|
Vedanta Oil and Gas Ltd.
(INR) (c)
|
17,800
|
|||
|
|
|
2,174,199
|
|||
|
|
Trading Companies &
Distributors — 4.8%
|
|
|||
|
130,396
|
Sumitomo Corp. (JPY)
|
1,242,249
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
25,989,562
|
|||
|
|
(Cost $27,157,702)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.0%
|
3,122
|
|||
|
|
Net Assets — 100.0%
|
$25,992,684
|
|||
|
(a)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(b)
|
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.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
ADR
|
– American Depositary Receipt
|
|
AUD
|
– Australian Dollar
|
|
CAD
|
– Canadian Dollar
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
GDR
|
– Global Depositary Receipt
|
|
INR
|
– Indian Rupee
|
|
JPY
|
– Japanese Yen
|
|
MXN
|
– Mexican Peso
|
|
NOK
|
– Norwegian Krone
|
|
PLN
|
– Polish Zloty
|
|
SEK
|
– Swedish Krona
|
|
USD
|
– United States Dollar
|
|
Country Allocation†
|
% of Net
Assets
|
|
Canada
|
20.7%
|
|
United States
|
16.4
|
|
United Kingdom
|
12.6
|
|
Australia
|
11.2
|
|
Japan
|
10.0
|
|
Jersey
|
7.9
|
|
Mexico
|
4.6
|
|
India
|
3.7
|
|
South Africa
|
3.1
|
|
Kazakhstan
|
2.0
|
|
Sweden
|
2.0
|
|
Norway
|
1.6
|
|
Poland
|
1.6
|
|
Chile
|
1.4
|
|
Peru
|
1.0
|
|
Luxembourg
|
0.1
|
|
France
|
0.1
|
|
Total Investments
|
100.0
|
|
Net Other Assets and Liabilities
|
0.0††
|
|
Total
|
100.0%
|
|
†
|
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index.
|
|
††
|
Amount is less than 0.1%.
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
USD
|
44.2%
|
|
GBP
|
19.1
|
|
AUD
|
11.2
|
|
JPY
|
10.0
|
|
MXN
|
4.6
|
|
INR
|
3.7
|
|
SEK
|
2.0
|
|
CAD
|
1.9
|
|
NOK
|
1.6
|
|
PLN
|
1.6
|
|
EUR
|
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*
|
$25,989,562
|
$25,989,562
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|