Schedule of investments
Nomura Growth and Income Fund
June 30, 2026 (Unaudited)
    Number of
shares 		Value (US $)
Common Stocks — 93.74%♣
Communication Services — 5.87%
Alphabet Class A        59,491 $   21,260,299
AT&T     1,641,732     33,983,852
Comcast Class A     1,065,772     26,164,703
Verizon Communications     1,365,161    57,800,917
    139,209,771
Consumer Discretionary — 7.89%
Amazon.com †      233,727     55,706,493
Booking Holdings       104,807     18,680,800
BorgWarner       292,609     19,429,238
Dillard's Class A        29,096     15,374,908
Macy's     1,216,955     28,659,290
TJX       324,693    49,190,990
    187,041,719
Consumer Staples — 6.13%
Altria Group       778,520     56,014,514
Philip Morris International       435,704     78,823,211
Smithfield Foods       433,744    10,522,629
    145,360,354
Energy — 9.69%
Chevron       378,034     62,662,916
ConocoPhillips       292,542     30,412,666
Expand Energy       134,953     12,306,364
Exxon Mobil       613,846     83,925,025
HF Sinclair       456,961     31,827,334
Marathon Petroleum        33,163     8,478,784
    229,613,089
Financials — 22.54%
Bank of New York Mellon        40,192      5,812,165
Capital One Financial       123,963     24,869,457
Citigroup       643,116     90,010,516
CME Group       121,747     26,885,390
Evercore Class A        45,053     15,382,896
F&G Annuities & Life        24,807        659,618
Invesco     2,673,816     70,562,004
Old Republic International       246,834     10,100,447
OneMain Holdings       635,047     38,718,816
PNC Financial Services Group       101,555     25,004,872
Popular       403,298     66,213,466
Rithm Capital       822,466      7,722,956
Synchrony Financial       106,885      8,128,604
TPG       453,237     18,378,760
Truist Financial     1,085,593     54,084,243
Wells Fargo & Co.       702,995     58,095,507
Western Union     1,775,214    13,669,148
    534,298,865
Healthcare — 16.99%
AbbVie       102,957     25,908,099
    Number of
shares 		Value (US $)
Common Stocks♣ (continued)
Healthcare (continued)
Bristol-Myers Squibb     1,225,659 $   70,622,472
Cardinal Health        32,032      7,609,522
CVS Health       811,646     83,964,779
Gilead Sciences       594,790     75,145,769
McKesson        72,607     54,861,849
Merck & Co.       406,147     52,189,889
Pfizer     1,339,963    32,266,309
    402,568,688
Industrials — 7.20%
Comfort Systems USA        28,592     56,667,914
General Dynamics        55,732     19,742,504
Johnson Controls International        99,638     14,558,108
Lockheed Martin        22,253     11,337,013
ManpowerGroup       403,333     13,620,556
Trane Technologies        27,252     13,385,092
United Parcel Service Class B       383,802    41,258,715
    170,569,902
Information Technology — 14.86%
Accenture Class A       162,571     20,230,335
Apple       257,493     74,508,175
Cisco Systems       982,618    115,418,310
Lam Research        63,843     27,665,087
Micron Technology        23,775     27,443,245
Microsoft        94,111     35,105,285
Salesforce        35,935      5,629,577
Sandisk †        5,969     13,571,894
Western Digital        50,952    32,544,062
    352,115,970
Materials — 2.57%
AngloGold Ashanti        73,871      5,975,425
Newmont       588,005    54,919,667
     60,895,092
Total Common Stocks (cost $1,805,631,973) 2,221,673,450
 
Short-Term Investments — 6.11%
Money Market Mutual Funds — 6.11%
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 3.54%)   36,183,423     36,183,423
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 3.53%)   36,183,422     36,183,422
NQ- FI1 [0626] 0826 (5831246)    1

 

Schedule of investments
Nomura Growth and Income Fund 
    Number of
shares 		Value (US $)
Short-Term Investments (continued)
Money Market Mutual Funds (continued)
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 3.59%)   36,183,422 $   36,183,422
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 3.56%)   36,183,423    36,183,423
Total Short-Term Investments (cost $144,733,690)   144,733,690
Total Value of Securities—99.85%
(cost $1,950,365,663) 		    2,366,407,140
Receivables and Other Assets Net of Liabilities—0.15%         3,573,864
Net Assets Applicable to 119,991,300 Shares Outstanding—100.00%     $2,369,981,004
    
♣ Categorizations used for financial reporting purposes may differ from categorizations used for regulatory compliance and/or internal classification purposes.
† Non-income producing security.
 
2    NQ- FI1 [0626] 0826 (5831246)