Presentation
of
Portfolio
Holdings
Amounts
in
thousands
Fair
Value
Portfolio
Summary
Level
1
Level
2
Level
3
Practical
Expedient
(a)
Total
Switzerland
6,548
—
—
—
6,548
Taiwan
2,603
—
—
—
2,603
Thailand
163
—
—
—
163
United
Arab
Emirates
211
—
—
—
211
United
Kingdom
13,590
—
—
—
13,590
United
States
9,106
—
—
—
9,106
Preferred
Stocks
769
—
—
—
769
Warrants
and
Rights
1
—
—
—
1
Short-Term
Investments
—
—
—
39
39
Total
Investments
$
138,913
$
—
$
—
$
39
$
138,952
(a)
Certain
investments
that
are
measured
at
fair
value
using
the
net
asset
value
per
share
(or
its
equivalent)
practical
expedient
have
not
been
classified
in
the
fair
value
levels.
The
fair
value
amounts
presented
in
the
table
are
intended
to
permit
reconciliation
to
the
amounts
presented
in
the
Schedule
of
Investments.
For
a
description
of
the
Levels,
see
note
1
in
the
Notes
to
Quarterly
Report.
For
a
disclosure
on
transfers
into
and
out
of
Level
3
during
the
period
ended
June
30,
2026,
if
any,
see
note
1
in
the
Notes
to
Quarterly
Report.
Investments
in
which
significant
unobservable
inputs
(Level
3)
were
used
in
determining
a
fair
value
as
of
June
30,
2026,
if
any,
were
less
than
1%
of
net
assets.
Amounts
in
thousands
Sector
Exposure
Fair
Value
$
%
of
Net
Assets
Common
Stocks
Consumer
Discretionary
....................................................................
15,888
11
.4
Consumer
Staples
...............................................................................
7,536
5
.4
Energy
................................................................................................
7,232
5
.2
Financial
Services
..............................................................................
39,812
28
.6
Health
Care
........................................................................................
13,080
9
.4
Materials
and
Processing
...................................................................
11,784
8
.5
Producer
Durables
..............................................................................
17,609
12
.6
Technology
.........................................................................................
19,003
13
.6
Utilities
...............................................................................................
6,199
4
.4
Preferred
Stocks
Consumer
Discretionary
....................................................................
554
0
.4
Consumer
Staples
...............................................................................
215
0
.2
Warrants
and
Rights
...................................................................
1
—
**
Short-Term
Investments
.............................................................
39
—
**
Total
Investments
...............................................................................
138,952
99
.7
**
Less
than
.05%
of
net
assets.