SCHEDULE OF INVESTMENTS
June 30, 2026 (Unaudited)
| Causeway Emerging Markets Fund | Number of Shares | Value (000) | ||||||
| COMMON STOCK | ||||||||
| Argentina — 0.2% | ||||||||
| Consumer Discretionary — 0.2% | ||||||||
| Arcos Dorados Holdings Inc., Class A | 1,009,600 | $ | 8,137 | |||||
| Brazil — 1.8% | ||||||||
| Consumer Discretionary — 0.7% | ||||||||
| Cogna Educacao S.A. | 15,113,000 | 6,558 | ||||||
| Construtora Tenda S | 1,033,900 | 7,374 | ||||||
| Vibra Energia S.A. | 2,758,100 | 15,943 | ||||||
| 29,875 | ||||||||
| Energy — 0.6% | ||||||||
| Brava Energia | 1,894,100 | 7,004 | ||||||
| Petroleo Brasileiro SA, Class A ADR | 1,162,686 | 17,022 | ||||||
| 24,026 | ||||||||
| Financials — 0.2% | ||||||||
| Pagseguro Digital Ltd., Class A | 846,797 | 7,663 | ||||||
| Health Care — 0.1% | ||||||||
| Fleury SA | 2,151,500 | 6,402 | ||||||
| Materials — 0.2% | ||||||||
| Gerdau S.A. ADR | 1,906,780 | 7,703 | ||||||
| 75,669 | ||||||||
| Chile — 0.4% | ||||||||
| Industrials — 0.4% | ||||||||
| Latam Airlines Group S.A. | 553,527,109 | 16,096 | ||||||
| China — 17.3% | ||||||||
| Communication Services — 3.8% | ||||||||
| G-bits Network Technology Xiamen Co. Ltd., Class A | 181,030 | 9,598 | ||||||
| Giant Network Group Co. Ltd., Class A | 1,736,700 | 7,077 | ||||||
| NetEase Inc. ADR | 190,800 | 24,449 | ||||||
| Tencent Holdings Ltd. | 2,094,189 | 115,563 | ||||||
| Weibo Corp. ADR | 744,952 | 5,408 | ||||||
| 162,095 | ||||||||
| Consumer Discretionary — 2.4% | ||||||||
| Alibaba Group Holding Ltd. ADR | 352,677 | 33,850 | ||||||
| Geely Automobile Holdings Ltd. | 7,545,000 | 16,289 | ||||||
| H World Group Ltd. ADR | 223,176 | 9,311 | ||||||
| JD.com Inc. ADR | 439,400 | 11,196 | ||||||
| Li Ning Co. Ltd. | 7,887,500 | 14,869 | ||||||
SCHEDULE OF INVESTMENTS (continued)
June 30, 2026 (Unaudited)
| Causeway Emerging Markets Fund | Number of Shares | Value (000) | ||||||
| China — (continued) | ||||||||
| Consumer Discretionary (continued) | ||||||||
| TAL Education Group ADR 1 | 1,712,563 | $ | 16,389 | |||||
| 101,904 | ||||||||
| Energy — 0.4% | ||||||||
| PetroChina Co. Ltd., Class H | 15,556,000 | 16,789 | ||||||
| Financials — 4.2% | ||||||||
| China Construction Bank Corp., Class H | 97,901,000 | 100,980 | ||||||
| China International Capital Corp. Ltd., Class H | 6,046,000 | 16,269 | ||||||
| China Life Insurance Co. Ltd., Class H | 3,881,000 | 13,283 | ||||||
| China Pacific Insurance Group Co. Ltd., Class H | 5,022,800 | 17,274 | ||||||
| China Taiping Insurance Holdings Co. Ltd. | 3,598,800 | 8,318 | ||||||
| Industrial & Commercial Bank of China, Class H | 25,722,350 | 21,131 | ||||||
| 177,255 | ||||||||
| Health Care — 1.1% | ||||||||
| China Resources Pharmaceutical Group Ltd. | 7,954,000 | 4,305 | ||||||
| Jointown Pharmaceutical Group Co. Ltd., Class A | 13,790,008 | 9,546 | ||||||
| WuXi AppTec Co. Ltd., Class H | 1,663,000 | 32,737 | ||||||
| 46,588 | ||||||||
| Industrials — 2.3% | ||||||||
| CITIC Ltd. | 9,264,000 | 12,572 | ||||||
| Contemporary Amperex Technology Co. Ltd., Class A | 514,775 | 29,924 | ||||||
| COSCO SHIPPING Holdings Co. Ltd., Class H | 10,208,400 | 16,961 | ||||||
| Harbin Electric Co. Ltd., Class H | 2,960,000 | 5,835 | ||||||
| JD Logistics Inc. 1 | 4,892,300 | 7,363 | ||||||
| Sieyuan Electric Co. Ltd., Class A | 382,708 | 9,796 | ||||||
| Yutong Bus Co. Ltd., Class A | 3,429,500 | 13,574 | ||||||
| 96,025 | ||||||||
| Information Technology — 1.4% | ||||||||
| Lenovo Group Ltd. | 10,022,000 | 29,738 | ||||||
| Zhongji Innolight Co. Ltd., Class A | 155,800 | 29,666 | ||||||
| 59,404 | ||||||||
| Materials — 1.7% | ||||||||
| Asia - Potash International Investment Guangzhou Co. Ltd., Class A | 1,748,305 | 10,564 | ||||||
| China Hongqiao Group Ltd. | 7,133,500 | 18,395 | ||||||
| China Lumena New Materials Corp. 1,2 | 264,100 | — | ||||||
| Tianqi Lithium Corp., Class A 1 | 709,974 | 6,445 | ||||||
| Zangge Mining Co. Ltd., Class A | 1,295,300 | 13,333 | ||||||
| Zijin Mining Group Co. Ltd., Class H | 6,414,000 | 22,680 | ||||||
| 71,417 | ||||||||
| 731,477 | ||||||||
SCHEDULE OF INVESTMENTS (continued)
June 30, 2026 (Unaudited)
| Causeway Emerging Markets Fund | Number of Shares | Value (000) | ||||||
| Colombia — 0.1% | ||||||||
| Financials — 0.1% | ||||||||
| Grupo Cibest S.A. ADR | 65,563 | $ | 5,208 | |||||
| Egypt — 0.1% | ||||||||
| Financials — 0.1% | ||||||||
| Commercial International Bank - Egypt (CIB) | 2,319,472 | 6,028 | ||||||
| India — 8.2% | ||||||||
| Consumer Discretionary — 0.9% | ||||||||
| Bajaj Auto Ltd. | 175,902 | 18,093 | ||||||
| Eicher Motors Ltd. | 74,863 | 5,606 | ||||||
| Mahindra & Mahindra Ltd. | 406,906 | 13,234 | ||||||
| 36,933 | ||||||||
| Energy — 1.0% | ||||||||
| Aegis Logistics Ltd. | 200,742 | 2,495 | ||||||
| Chennai Petroleum Corp. Ltd. | 720,685 | 8,819 | ||||||
| Oil & Natural Gas Corp. Ltd. | 4,470,947 | 11,086 | ||||||
| Oil India Ltd. | 1,974,108 | 8,684 | ||||||
| Reliance Industries Ltd. | 779,538 | 10,679 | ||||||
| 41,763 | ||||||||
| Financials — 1.3% | ||||||||
| BSE Ltd. 1 | 370,193 | 15,157 | ||||||
| IIFL Finance Ltd. | 1,453,965 | 7,816 | ||||||
| LIC Housing Finance Ltd. | 1,313,818 | 7,837 | ||||||
| Muthoot Finance Ltd. | 372,366 | 11,825 | ||||||
| PNB Housing Finance Ltd. | 547,657 | 6,017 | ||||||
| South Indian Bank Ltd. | 22,250,329 | 10,744 | ||||||
| 59,396 | ||||||||
| Health Care — 0.7% | ||||||||
| Lupin Ltd. | 759,555 | 19,414 | ||||||
| Narayana Hrudayalaya Ltd. | 291,411 | 6,078 | ||||||
| Natco Pharma Ltd. | 710,000 | 6,992 | ||||||
| 32,484 | ||||||||
| Industrials — 0.5% | ||||||||
| Cemindia Projects Ltd. | 242,819 | 3,339 | ||||||
| Gujarat Pipavav Port Ltd. | 4,157,756 | 6,646 | ||||||
| MTAR Technologies Ltd. 1 | 82,326 | 6,653 | ||||||
| 16,638 | ||||||||
| Information Technology — 0.6% | ||||||||
| Sterlite Technologies Ltd. 1 | 1,436,045 | 9,392 | ||||||
| Tech Mahindra Ltd. | 1,009,203 | 15,022 | ||||||
| 24,414 | ||||||||
SCHEDULE OF INVESTMENTS (continued)
June 30, 2026 (Unaudited)
| Causeway Emerging Markets Fund | Number of Shares | Value (000) | ||||||
| India — (continued) | ||||||||
| Materials — 3.0% | ||||||||
| Asian Paints Ltd. | 373,455 | $ | 10,406 | |||||
| Chambal Fertilisers and Chemicals Ltd. | 1,751,594 | 8,669 | ||||||
| Grasim Industries Ltd. | 387,097 | 12,690 | ||||||
| Hindalco Industries Ltd. | 2,276,037 | 23,118 | ||||||
| National Aluminium Co. Ltd. | 5,643,989 | 20,335 | ||||||
| Navin Fluorine International Ltd. | 101,293 | 8,237 | ||||||
| Solar Industries India Ltd. | 54,078 | 10,696 | ||||||
| Vedanta Aluminium Metal Ltd. 1 | 4,143,238 | 19,629 | ||||||
| Vedanta Iron and Steel Ltd. 1 | 4,143,238 | 1,544 | ||||||
| Vedanta Ltd. | 4,143,238 | 12,337 | ||||||
| 127,661 | ||||||||
| Utilities — 0.2% | ||||||||
| PTC India Ltd. | 2,804,111 | 5,373 | ||||||
| Vedanta Oil and Gas Ltd. 1 | 4,143,238 | 1,411 | ||||||
| Vedanta Power Ltd. 1 | 4,143,238 | 1,763 | ||||||
| 8,547 | ||||||||
| 347,836 | ||||||||
| Indonesia — 0.5% | ||||||||
| Consumer Staples — 0.1% | ||||||||
| Indofood Sukses Makmur Tbk PT | 11,479,200 | 4,294 | ||||||
| Energy — 0.2% | ||||||||
| Adaro Andalan Indonesia PT | 11,722,100 | 5,087 | ||||||
| Alamtri Resources Indonesia Tbk PT | 44,795,900 | 5,678 | ||||||
| 10,765 | ||||||||
| Materials — 0.2% | ||||||||
| Aneka Tambang Tbk PT | 45,665,700 | 6,683 | ||||||
| 21,742 | ||||||||
| Kuwait — 0.2% | ||||||||
| Communication Services — 0.2% | ||||||||
| Mobile Telecommunications Co. KSCP | 4,082,541 | 8,035 | ||||||
| Malaysia — 0.7% | ||||||||
| Consumer Staples — 0.2% | ||||||||
| SD Guthrie BHD | 5,808,700 | 8,519 | ||||||
| Industrials — 0.3% | ||||||||
| Sime Darby BHD | 9,180,100 | 4,834 | ||||||
| Zetrix Ai BHD | 30,514,300 | 5,706 | ||||||
| 10,540 | ||||||||
SCHEDULE OF INVESTMENTS (continued)
June 30, 2026 (Unaudited)
| Causeway Emerging Markets Fund | Number of Shares | Value (000) | ||||||
| Malaysia — (continued) | ||||||||
| Materials — 0.2% | ||||||||
| Press Metal Aluminium Holdings BHD | 4,713,800 | $ | 8,897 | |||||
| 27,956 | ||||||||
| Mexico — 1.1% | ||||||||
| Energy — 0.3% | ||||||||
| Vista Energy SAB de CV ADR 1 | 181,025 | 11,549 | ||||||
| Financials — 0.2% | ||||||||
| Gentera SAB de CV | 2,944,200 | 6,381 | ||||||
| Materials — 0.3% | ||||||||
| Grupo Mexico SAB de CV, Class B | 1,222,500 | 13,815 | ||||||
| Real Estate — 0.3% | ||||||||
| Fibra Uno Administracion SA de CV 3 | 7,347,700 | 12,626 | ||||||
| 44,371 | ||||||||
| Peru — 0.9% | ||||||||
| Financials — 0.9% | ||||||||
| Credicorp Ltd. | 98,741 | 38,468 | ||||||
| Poland — 0.8% | ||||||||
| Energy — 0.4% | ||||||||
| ORLEN SA | 561,130 | 18,867 | ||||||
| Financials — 0.4% | ||||||||
| Powszechny Zaklad Ubezpieczen SA | 840,521 | 14,688 | ||||||
| 33,555 | ||||||||
| Qatar — 0.1% | ||||||||
| Communication Services — 0.1% | ||||||||
| Ooredoo QPSC | 1,616,552 | 5,883 | ||||||
| Russia — 0.0% | ||||||||
| Energy — 0.0% | ||||||||
| LUKOIL PJSC 1,2 | 172,525 | — | ||||||
| Saudi Arabia — 1.1% | ||||||||
| Energy — 0.7% | ||||||||
| Saudi Arabian Oil Co. | 4,018,474 | 27,923 | ||||||
SCHEDULE OF INVESTMENTS (continued)
June 30, 2026 (Unaudited)
| Causeway Emerging Markets Fund | Number of Shares | Value (000) | ||||||
| Saudi Arabia — (continued) | ||||||||
| Financials — 0.4% | ||||||||
| Banque Saudi Fransi | 1,431,958 | $ | 7,396 | |||||
| Riyad Bank | 2,269,039 | 12,028 | ||||||
| 19,424 | ||||||||
| 47,347 | ||||||||
| South Africa — 1.6% | ||||||||
| Energy — 0.1% | ||||||||
| Exxaro Resources Ltd. | 563,097 | 6,978 | ||||||
| Materials — 1.5% | ||||||||
| Anglogold Ashanti PLC | 195,256 | 15,739 | ||||||
| Gold Fields Ltd. ADR | 718,162 | 24,123 | ||||||
| Impala Platinum Holdings Ltd. | 1,161,259 | 12,200 | ||||||
| Sasol Ltd. 1 | 711,827 | 7,032 | ||||||
| 59,094 | ||||||||
| 66,072 | ||||||||
| South Korea — 27.0% | ||||||||
| Communication Services — 0.2% | ||||||||
| LG Uplus Corp. | 909,513 | 8,211 | ||||||
| Consumer Discretionary — 0.8% | ||||||||
| Hankook Tire & Technology Co. Ltd. | 240,164 | 9,688 | ||||||
| Kia Corp. | 242,278 | 21,882 | ||||||
| Youngone Corp. | 92,799 | 4,381 | ||||||
| 35,951 | ||||||||
| Consumer Staples — 0.1% | ||||||||
| KT&G Corp. | 44,278 | 4,873 | ||||||
| Energy — 0.2% | ||||||||
| HD Hyundai Co. Ltd. | 78,285 | 10,195 | ||||||
| Financials — 2.6% | ||||||||
| DB Insurance Co. Ltd. | 74,956 | 6,531 | ||||||
| Hana Financial Group Inc. | 306,333 | 22,881 | ||||||
| KIWOOM Securities Co. Ltd. | 40,149 | 9,042 | ||||||
| Korea Investment Holdings Co. Ltd. | 122,732 | 17,778 | ||||||
| Samsung Life Insurance Co. Ltd. | 30,915 | 8,141 | ||||||
| Samsung Securities Co. Ltd. | 182,406 | 12,980 | ||||||
| Shinhan Financial Group Co. Ltd. | 208,666 | 13,084 | ||||||
| Woori Financial Group Inc. | 947,987 | 17,904 | ||||||
| 108,341 | ||||||||
| Industrials — 6.3% | ||||||||
| GS Holdings Corp. | 142,861 | 6,146 | ||||||
SCHEDULE OF INVESTMENTS (continued)
June 30, 2026 (Unaudited)
| Causeway Emerging Markets Fund | Number of Shares | Value (000) | ||||||
| South Korea — (continued) | ||||||||
| Industrials (continued) | ||||||||
| Hanwha Corp. | 196,956 | $ | 12,854 | |||||
| HD Hyundai Electric Co. Ltd. | 15,295 | 9,812 | ||||||
| HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | 64,496 | 14,719 | ||||||
| Hyosung Heavy Industries Corp. | 8,974 | 20,394 | ||||||
| LX INTERNATIONAL CORP. | 215,194 | 5,126 | ||||||
| Samsung Engineering Co. Ltd. | 471,983 | 14,720 | ||||||
| SK Square Co. Ltd. 1 | 156,659 | 177,159 | ||||||
| 260,930 | ||||||||
| Information Technology — 16.7% | ||||||||
| LG Innotek Co. Ltd. | 35,944 | 23,281 | ||||||
| Samsung Electro-Mechanics Co. Ltd. | 36,142 | 52,342 | ||||||
| Samsung Electronics Co. Ltd. | 1,976,572 | 438,596 | ||||||
| SK Hynix Inc. | 107,980 | 190,540 | ||||||
| 704,759 | ||||||||
| Materials — 0.1% | ||||||||
| Han Kuk Carbon Co. Ltd. 1 | 282,794 | 4,920 | ||||||
| 1,138,180 | ||||||||
| Taiwan — 29.1% | ||||||||
| Financials — 0.7% | ||||||||
| Cathay Financial Holding Co. Ltd. | 4,623,000 | 14,337 | ||||||
| KGI Financial Holding Co Ltd. | 14,258,000 | 12,954 | ||||||
| 27,291 | ||||||||
| Health Care — 0.3% | ||||||||
| PharmaEssentia Corp. 1 | 319,000 | 13,473 | ||||||
| Industrials — 1.0% | ||||||||
| Eva Airways Corp. | 7,086,000 | 10,049 | ||||||
| Evergreen Marine Corp. Taiwan Ltd. | 3,738,000 | 21,702 | ||||||
| Mega Union Technology Inc. | 130,892 | 4,048 | ||||||
| Wan Hai Lines Ltd. | 3,760,000 | 9,367 | ||||||
| 45,166 | ||||||||
| Information Technology — 27.0% | ||||||||
| Accton Technology Corp. | 771,000 | 61,497 | ||||||
| Asia Vital Components Co. Ltd. | 518,019 | 41,903 | ||||||
| ASPEED Technology Inc. | 37,000 | 19,523 | ||||||
| Chroma ATE Inc. | 429,000 | 29,813 | ||||||
| Delta Electronics Inc. | 1,190,000 | 74,737 | ||||||
| Elite Material Co. Ltd. | 314,000 | 54,284 | ||||||
| Gigabyte Technology Co. Ltd. | 718,000 | 7,845 | ||||||
| Gold Circuit Electronics Ltd. | 1,504,000 | 57,759 | ||||||
| Hon Hai Precision Industry Co. Ltd. | 4,880,298 | 38,943 | ||||||
SCHEDULE OF INVESTMENTS (continued)
June 30, 2026 (Unaudited)
| Causeway Emerging Markets Fund | Number of Shares | Value (000) | ||||||
| Taiwan — (continued) | ||||||||
| Information Technology (continued) | ||||||||
| Innodisk Corp. | 228,000 | $ | 11,898 | |||||
| King Slide Works Co. Ltd. | 68,000 | 15,934 | ||||||
| MediaTek Inc. | 121,000 | 16,488 | ||||||
| MPI Corp. | 96,000 | 18,775 | ||||||
| Nanya Technology Corp. 1 | 1,236,000 | 18,089 | ||||||
| Taiwan Semiconductor Manufacturing Co. Ltd. | 6,472,000 | 510,578 | ||||||
| Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 178,576 | 85,283 | ||||||
| Wistron Corp. 1 | 5,028,000 | 25,363 | ||||||
| Wiwynn Corp. 1 | 189,000 | 27,919 | ||||||
| WPG Holdings Ltd. | 2,550,000 | 8,643 | ||||||
| WT Microelectronics Co. Ltd. | 1,461,000 | 9,901 | ||||||
| 1,135,175 | ||||||||
| Materials — 0.1% | ||||||||
| Nan Ya Plastics Corp. | 1,061,000 | 5,648 | ||||||
| 1,226,753 | ||||||||
| Thailand — 1.2% | ||||||||
| Consumer Discretionary — 0.2% | ||||||||
| Com7, Class F | 9,469,400 | 7,953 | ||||||
| Energy — 0.2% | ||||||||
| PTT Exploration & Production PCL | 2,534,700 | 10,187 | ||||||
| Financials — 0.8% | ||||||||
| Kasikornbank PCL | 3,369,500 | 22,158 | ||||||
| Kiatnakin Phatra Bank PCL | 3,068,800 | 9,322 | ||||||
| 31,480 | ||||||||
| 49,620 | ||||||||
| Turkey — 1.0% | ||||||||
| Consumer Staples — 0.2% | ||||||||
| BIM Birlesik Magazalar AS | 1,029,272 | 8,073 | ||||||
| Energy — 0.2% | ||||||||
| Turkiye Petrol Rafinerileri AS | 1,593,379 | 7,744 | ||||||
| Industrials — 0.2% | ||||||||
| AG Anadolu Grubu Holding AS | 10,159,520 | 7,549 | ||||||
SCHEDULE OF INVESTMENTS (continued)
June 30, 2026 (Unaudited)
| Causeway Emerging Markets Fund | Number of Shares | Value (000) | ||||||
| Turkey — (continued) | ||||||||
| Real Estate — 0.4% | ||||||||
| Emlak Konut Gayrimenkul Yatirim Ortakligi AS, Class REIT 3 | 39,553,912 | $ | 17,602 | |||||
| 40,968 | ||||||||
| United Arab Emirates — 0.3% | ||||||||
| Real Estate — 0.3% | ||||||||
| Emaar Properties PJSC | 4,185,121 | 13,602 | ||||||
| United States — 0.3% | ||||||||
| Information Technology — 0.3% | ||||||||
| Cognizant Technology Solutions Corp., Class A | 322,317 | 12,483 | ||||||
| Total Common Stock | ||||||||
| (Cost $2,650,925) — 94.0% | 3,965,486 | |||||||
| Face Amount | ||||||||
| EQUITY-LINKED NOTES | ||||||||
| Citigroup Global Markets Holdings Inc. (Underlying Reference is the MSCI China A Inclusion Net Return USD Index) | ||||||||
| 10/1/20261,4,5 | $ | 42,138,000 | 49,693 | |||||
| Goldman Sachs Corp. (Underlying Reference is a Basket Consisting of China A Shares) | ||||||||
| 9/30/20261,4,5 | 44,000,000 | 49,003 | ||||||
| Total Equity-Linked Notes | ||||||||
| (Cost $86,138) — 2.4% | 98,696 | |||||||
SCHEDULE OF INVESTMENTS (continued)
June 30, 2026 (Unaudited)
| Causeway Emerging Markets Fund | Number of Shares | Value (000) | ||||||
| SHORT-TERM INVESTMENT | ||||||||
| Invesco Short-Term Investment Trust: Government & Agency Portfolio, Institutional Class, 3.57% * | 123,749,770 | $ | 123,750 | |||||
| Total Short-Term Investment | ||||||||
| (Cost $123,750) — 2.9% | 123,750 | |||||||
| Total Investments — 99.3% | ||||||||
| (Cost $2,860,813) | 4,187,932 | |||||||
| Other Assets in Excess of Liabilities — 0.7% | 30,637 | |||||||
| Net Assets — 100.0% | $ | 4,218,569 | ||||||
A list of the open futures contracts held by the Fund at June 30, 2026, is as follows:
| Type of Contract | Number of Contracts | Expiration Date | Notional Amount (000) | Value (000) | Unrealized Appreciation/(Depreciation) (000) | |||||||||||||
| Long Contracts | ||||||||||||||||||
| MSCI Emerging Markets Index | 1,306 | 9/21/2026 | $ | 113,889 | $ | 114,752 | $ | 863 | ||||||||||
| * | The rate reported is the 7-day effective yield as of June 30, 2026. |
| 1 | Non-income producing security. |
| 2 | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| 3 | Real Estate Investment Trust. |
| 4 | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On 6/30/2026, the value of these securities amounted to $98,696 (000) representing 2.4% of the Net Assets. |
| 5 | Equity linked note or certificate issued by Citigroup Global Markets Holdings Inc. or Goldman Sachs Corp. providing exposure to the price movements of the underlying reference(s) noted, plus an outperformance rate of return. |
| ADR | American Depositary Receipt |
| PJSC | Public Joint-Stock Company |
SCHEDULE OF INVESTMENTS (continued)
June 30, 2026 (Unaudited)
The table below sets forth information about the Levels within the fair value hierarchy at which the Fund’s investments and other financial instruments are measured at June 30, 2026:
| Investments in Securities | Level 1 (000) | Level 2 (000) | Level 3 (000)† | Total (000) | ||||||||||||
| Common Stock | ||||||||||||||||
| Argentina | $ | 8,137 | $ | — | $ | — | $ | 8,137 | ||||||||
| Brazil | 75,669 | — | — | 75,669 | ||||||||||||
| Chile | 16,096 | — | — | 16,096 | ||||||||||||
| China | 100,603 | 630,874 | — | ^ | 731,477 | |||||||||||
| Colombia | 5,208 | — | — | 5,208 | ||||||||||||
| Egypt | — | 6,028 | — | 6,028 | ||||||||||||
| India | 24,347 | 323,489 | — | 347,836 | ||||||||||||
| Indonesia | — | 21,742 | — | 21,742 | ||||||||||||
| Kuwait | — | 8,035 | — | 8,035 | ||||||||||||
| Malaysia | 8,519 | 19,437 | — | 27,956 | ||||||||||||
| Mexico | 44,371 | — | — | 44,371 | ||||||||||||
| Peru | 38,468 | — | — | 38,468 | ||||||||||||
| Poland | — | 33,555 | — | 33,555 | ||||||||||||
| Qatar | 5,883 | — | — | 5,883 | ||||||||||||
| Russia | — | — | — | ^ | — | |||||||||||
| Saudi Arabia | — | 47,347 | — | 47,347 | ||||||||||||
| South Africa | 31,101 | 34,971 | — | 66,072 | ||||||||||||
| South Korea | — | 1,138,180 | — | 1,138,180 | ||||||||||||
| Taiwan | 85,283 | 1,141,470 | — | 1,226,753 | ||||||||||||
| Thailand | — | 49,620 | — | 49,620 | ||||||||||||
| Turkey | — | 40,968 | — | 40,968 | ||||||||||||
| United Arab Emirates | — | 13,602 | — | 13,602 | ||||||||||||
| United States | 12,483 | — | — | 12,483 | ||||||||||||
| Total Common Stock | 456,168 | 3,509,318 | — | 3,965,486 | ||||||||||||
| Equity-Linked Notes | — | 98,696 | — | 98,696 | ||||||||||||
| Short-Term Investment | 123,750 | — | — | 123,750 | ||||||||||||
| Total Investments in Securities | $ | 579,918 | $ | 3,608,014 | $ | — | $ | 4,187,932 | ||||||||
| Other Financial Instruments | Level 1 (000) | Level 2 (000) | Level 3 (000) | Total (000) | ||||||||||||
| Futures Contracts* | ||||||||||||||||
| Unrealized Appreciation (Depreciation) | $ | 863 | $ | — | $ | — | $ | 863 | ||||||||
| Total Other Financial Instruments | $ | 863 | $ | — | $ | — | $ | 863 | ||||||||
| † | A reconciliation of Level 3 investments and disclosures of significant unobservable inputs are presented when the Fund has a significant amount of Level 3 investments at the end of the period in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets. |
| ^ | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
| * | Futures contracts are valued at the unrealized appreciation (depreciation) on the instruments. |
SCHEDULE OF INVESTMENTS (concluded)
June 30, 2026 (Unaudited)
Amounts designated as “—” are $0 or are rounded to $0.
For information on the Fund’s policies regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.
CCM-QH-002-3900