1
Wilmington International Fund
PORTFOLIO OF INVESTMENTS¢
July 31, 2026 (unaudited)
 
Description
 
Number of
Shares
Value
COMMON STOCKS − 94.3%
AUSTRALIA − 2.0%
ANZ Group Holdings Ltd.
29,663
$775,245
Aristocrat Leisure Ltd.
6,904
310,301
BHP Group Ltd.
51,331
2,163,630
Brambles Ltd.
17,920
246,000
Commonwealth Bank of Australia
14,717
1,839,696
Computershare Ltd.
3,376
97,003
CSL Ltd.
4,427
382,760
Fortescue Ltd.
20,222
262,406
Goodman Group
20,548
427,787
Insurance Australia Group Ltd.
36,226
215,842
Lynas Rare Earths Ltd.*
16,991
166,763
Macquarie Group Ltd.
4,417
784,101
National Australia Bank Ltd.
8,581
248,471
Northern Star Resources Ltd.
16,856
233,604
Origin Energy Ltd.
21,455
161,866
Pro Medicus Ltd.
576
65,525
QBE Insurance Group Ltd.
8,281
143,632
Rio Tinto Ltd.
5,255
626,300
Stockland
47,096
140,976
Suncorp Group Ltd.
14,857
199,897
Transurban Group
35,673
370,456
Wesfarmers Ltd.
10,687
669,384
Westpac Banking Corp.
32,681
866,611
Woolworths Group Ltd.
11,620
324,263
TOTAL AUSTRALIA
$11,722,519
AUSTRIA − 1.3%
BAWAG Group AG
28,848
5,850,246
Erste Group Bank AG
13,302
1,738,880
TOTAL AUSTRIA
$7,589,126
BELGIUM − 0.7%
KBC Group NV
13,534
1,946,984
UCB SA
7,198
1,847,609
TOTAL BELGIUM
$3,794,593
BRAZIL − 1.5%
Cia de Saneamento Basico do Estado de Sao
Paulo SABESP
215,256
1,169,881
Inter & Co., Inc., Class A
245,225
1,373,260
Localiza Rent a Car SA
113,767
847,897
MercadoLibre, Inc.*
997
1,872,316
PRIO SA*
67,738
815,799
Suzano SA
239,600
2,050,412
Wheaton Precious Metals Corp.
4,874
530,148
TOTAL BRAZIL
$8,659,713
CANADA − 7.5%
Agnico Eagle Mines Ltd.
4,908
712,541
Alamos Gold, Inc., Class A
2,370
65,867
Alimentation Couche-Tard, Inc.
8,524
553,390
Description
 
Number of
Shares
Value
AltaGas Ltd.
6,788
$270,096
Bank of Montreal#
6,517
1,169,048
Bank of Nova Scotia (The)
55,266
4,847,922
Barrick Mining Corp.
15,059
552,688
Brookfield Asset Management Ltd., Class A
4,795
231,943
Brookfield Corp.
20,951
890,438
CAE, Inc.*
4,988
128,663
Cameco Corp.
4,238
365,740
Canadian Imperial Bank of Commerce
9,094
1,077,125
Canadian National Railway Co.
5,918
752,494
Canadian Natural Resources Ltd.
77,351
3,684,774
Canadian Pacific Kansas City Ltd.
8,709
773,581
Celestica, Inc.*
1,159
383,511
CGI, Inc.
2,757
201,802
Constellation Software, Inc.
149
319,182
Dollarama, Inc.
3,152
429,388
Enbridge, Inc.
66,082
3,595,773
Fairfax Financial Holdings Ltd.
142
237,795
Fortis, Inc.
7,872
448,112
Franco-Nevada Corp.
2,069
440,174
Gildan Activewear, Inc.
2,696
149,238
iA Financial Corp., Inc.
2,128
314,635
Imperial Oil Ltd.
4,269
553,476
Intact Financial Corp.
854
167,681
Keyera Corp.
7,104
301,826
Kinross Gold Corp.
11,960
275,741
Loblaw Cos. Ltd.
7,142
335,282
Manulife Financial Corp.
18,204
808,490
National Bank of Canada
2,813
455,004
Nutrien Ltd.
55,623
3,839,271
Pan American Silver Corp.
5,009
215,674
Pembina Pipeline Corp.
8,296
405,613
Power Corp. of Canada
4,116
281,280
RB Global, Inc.
1,406
154,215
Restaurant Brands International, Inc.
3,300
244,066
Royal Bank of Canada
33,838
7,082,361
Saputo, Inc.
4,096
115,209
Shopify, Inc., Class A*
10,528
1,233,004
Sun Life Financial, Inc.
6,511
540,211
Suncor Energy, Inc.
8,781
589,680
TC Energy Corp.
11,544
777,368
Thomson Reuters Corp.
1,595
156,468
Toronto-Dominion Bank (The)
15,458
1,852,953
Tourmaline Oil Corp.
12,516
552,745
WSP Global, Inc.
1,146
140,012
TOTAL CANADA
$43,673,550
CHILE − 0.3%
Lundin Mining Corp.
78,069
1,932,999
CHINA − 6.9%
Alibaba Group Holding Ltd.
184,620
2,812,391
Alibaba Group Holding Ltd., ADR
17,065
2,086,196
 July 31, 2026 (unaudited)

2
PORTFOLIO OF INVESTMENTS
Wilmington International Fund (continued)
Description
 
Number of
Shares
Value
China Resources Mixc Lifestyle Services Ltd.
167,013
$849,436
Contemporary Amperex Technology Co. Ltd.,
Class A
35,300
2,067,950
Contemporary Amperex Technology Co. Ltd.,
Class H#
13,800
1,092,474
DiDi Global, Inc., ADR*
275,817
976,392
Duality Biotherapeutics, Inc.*,#
16,681
387,841
Fuyao Glass Industry Group Co. Ltd., Class H
100,672
761,261
Fuyao Glass Industry Group Co. Ltd., Class A
73,370
647,884
Hubei Dinglong Co. Ltd., Class A
85,500
868,142
Jiangsu Hengrui Pharmaceuticals Co. Ltd.,
Class H#
170,367
1,241,768
KE Holdings, Inc., ADR
54,194
918,588
KE Holdings, Inc., Class A
133,488
748,721
Kweichow Moutai Co. Ltd., Class A
5,100
1,018,988
Kweichow Moutai Co. Ltd., Class A
1,400
279,925
Luxshare Precision Industry Co. Ltd., Class A
214,100
1,823,197
Luxshare Precision Industry Co. Ltd., Class H*
96,700
686,804
NAURA Technology Group Co. Ltd., Class A
28,860
2,929,846
NetEase, Inc.
75,823
2,017,363
PICC Property & Casualty Co. Ltd., Class H
1,155,000
2,410,540
Shenzhen Inovance Technology Co. Ltd.,
Class A
186,600
1,770,378
Sichuan Kelun-Biotech Biopharmaceutical Co.
Ltd., Class H*
15,105
928,738
Sigenergy Technology Co. Ltd., Class H
15,854
588,947
Silergy Corp.
87,000
1,083,628
Tencent Holdings Ltd.
94,840
5,795,007
Trip.com Group Ltd., ADR*,#
36,585
1,719,861
Weichai Power Co. Ltd., Class A
280,100
1,159,274
Yangzijiang Shipbuilding Holdings Ltd.
41,580
126,924
Zhongji Innolight Co. Ltd., Class H*
1,750
229,394
TOTAL CHINA
$40,027,858
DENMARK − 1.1%
DSV A/S
9,116
1,970,159
ROCKWOOL A/S, Class B
41,397
1,322,677
Royal Unibrew A/S
38,797
2,910,400
TOTAL DENMARK
$6,203,236
FINLAND − 0.1%
Wartsila OYJ Abp
24,333
825,188
FRANCE − 4.4%
Capgemini SE
31,486
3,742,449
Cie de Saint-Gobain SA
21,702
2,039,708
Cie Generale des Etablissements Michelin
SCA
40,487
1,636,504
Elis SA#
59,148
1,696,595
Engie SA
90,921
2,834,110
Publicis Groupe SA
23,677
2,527,059
Rexel SA
43,545
1,806,931
Technip Energies NV
43,262
1,496,291
Thales SA
6,030
1,716,624
TotalEnergies SE
67,767
5,974,373
TOTAL FRANCE
$25,470,644
GERMANY − 5.3%
Allianz SE
4,918
2,449,668
Brenntag SE
26,497
1,868,476
Description
 
Number of
Shares
Value
Deutsche Telekom AG
72,290
$2,230,942
E.ON SE
131,218
2,826,865
Heidelberg Materials AG
6,628
1,233,902
IONOS Group SE*
39,027
1,422,671
RENK Group AG
65,360
3,627,253
SAP SE
13,397
2,455,605
Scout24 SE
32,801
2,812,150
Siemens AG
16,215
5,312,789
Talanx AG
21,335
2,835,734
United Internet AG
48,044
1,312,473
TOTAL GERMANY
$30,388,528
GREECE − 0.9%
Alpha Bank SA
388,877
1,928,337
Hellenic Telecommunications Organization SA
74,360
1,716,165
Public Power Corp. SA
49,112
1,265,523
TOTAL GREECE
$4,910,025
HONG KONG − 2.0%
AIA Group Ltd.
513,497
5,176,511
CK Asset Holdings Ltd.
47,214
287,581
Hong Kong & China Gas Co. Ltd.
235,505
210,833
Hong Kong Exchanges & Clearing Ltd.
57,292
2,985,077
Link REIT
37,527
187,053
Prudential PLC
133,477
2,005,966
Sun Hung Kai Properties Ltd.
22,819
358,141
Techtronic Industries Co. Ltd.
20,635
346,667
TOTAL HONG KONG
$11,557,829
HUNGARY − 0.4%
OTP Bank Nyrt
13,703
2,029,988
INDIA − 1.2%
HDFC Bank Ltd., ADR
99,478
2,380,509
ICICI Bank Ltd., ADR#
71,558
2,146,024
Infosys Ltd., ADR#
81,862
984,800
MakeMyTrip Ltd.*,#
20,437
1,163,887
TOTAL INDIA
$6,675,220
INDONESIA − 0.7%
Bank Central Asia Tbk PT
11,447,174
4,011,949
Jardine Matheson Holdings Ltd.
2,529
167,963
TOTAL INDONESIA
$4,179,912
IRELAND − 0.6%
AIB Group PLC
145,317
1,728,347
Kerry Group PLC, Class A
17,570
1,677,401
TOTAL IRELAND
$3,405,748
ISRAEL − 0.3%
Bank Hapoalim BM
19,946
484,248
Bank Leumi Le-Israel BM
21,427
506,284
Check Point Software Technologies Ltd.*
996
126,622
Elbit Systems Ltd.
298
240,734
Nova Ltd.*
281
111,662
Phoenix Financial Ltd.
2,880
161,480
Tower Semiconductor Ltd.*
951
208,332
TOTAL ISRAEL
$1,839,362
July 31, 2026 (unaudited) 

PORTFOLIO OF INVESTMENTS
3
Wilmington International Fund (continued)
Description
 
Number of
Shares
Value
ITALY − 1.0%
FinecoBank Banca Fineco SpA
166,877
$4,571,908
Ryanair Holdings PLC
38,725
1,085,907
TOTAL ITALY
$5,657,815
JAPAN − 14.1%
77 Bank Ltd. (The)
16,172
350,390
ABC-Mart, Inc.#
18,494
316,447
ADEKA Corp.
18,745
457,513
Advantest Corp.
7,537
1,489,175
Aica Kogyo Co. Ltd.
17,523
404,015
ARE Holdings, Inc.
25,352
487,830
As One Corp.
20,272
305,459
Asahi Group Holdings Ltd.
62,587
653,170
ASKUL Corp.#
27,051
213,952
Bandai Namco Holdings, Inc.
19,487
564,523
BIPROGY, Inc.
18,391
564,372
Chugai Pharmaceutical Co. Ltd.
17,848
774,449
CyberAgent, Inc.
35,365
323,106
Dai-Dan Co. Ltd.
16,425
247,667
Daiichi Life Group, Inc.
77,981
940,246
Daiichi Sankyo Co. Ltd.
80,490
1,300,842
Daito Trust Construction Co. Ltd.
14,146
298,595
dip Corp.#
28,123
328,810
DTS Corp.
47,577
346,014
Fast Retailing Co. Ltd.
1,966
962,690
Fujimi, Inc.
14,744
345,124
Fuso Chemical Co. Ltd.
24,877
569,449
Future Corp.#
24,062
370,690
GMO Financial Gate, Inc.
7,802
314,230
GMO Payment Gateway, Inc.
13,375
833,440
Hikari Tsushin, Inc.
1,912
467,516
Hitachi Ltd.
45,535
1,492,207
Honda Motor Co. Ltd.
56,731
571,827
Hoshizaki Corp.
17,648
629,390
Isuzu Motors Ltd.
309,810
4,622,227
Jeol Ltd.
8,533
433,194
JGC Holdings Corp.
16,580
231,891
Kaga Electronics Co. Ltd.
20,248
588,062
KDDI Corp.
208,677
3,844,606
Keyence Corp.
3,279
1,644,704
KH Neochem Co. Ltd.
19,598
403,254
Kioxia Holdings Corp.*
5,226
1,456,677
Kyowa Kirin Co. Ltd.
9,509
152,644
LaSalle Logiport REIT
440
420,899
M3, Inc.
56,299
630,728
Maruwa Co. Ltd.
1,668
564,794
Mebuki Financial Group, Inc.
40,256
373,012
MISUMI Group, Inc.
39,187
932,297
Mitsubishi Corp.
31,114
930,084
Mitsubishi Gas Chemical Co., Inc.
13,372
345,403
Mitsubishi Heavy Industries Ltd.
33,002
771,004
Mitsubishi UFJ Financial Group, Inc.
269,703
6,024,220
Mizuho Financial Group, Inc.
39,771
2,061,896
MS&AD Insurance Group Holdings, Inc.
31,842
980,210
Murata Manufacturing Co. Ltd.
16,676
759,831
Nippon Soda Co. Ltd.
17,453
416,725
Description
 
Number of
Shares
Value
Nissan Chemical Corp.
7,694
$357,637
Nomura Research Institute Ltd.
43,252
1,279,548
Open Up Group, Inc.
31,957
403,308
Osaka Soda Co. Ltd.
27,203
297,863
OSG Corp.
16,626
379,316
Otsuka Holdings Co. Ltd.
9,028
625,996
PAL GROUP Holdings Co. Ltd.
35,644
336,352
Persol Holdings Co. Ltd.
292,331
485,335
Recruit Holdings Co. Ltd.
25,230
1,995,209
Relo Group, Inc.
26,428
333,439
Roland Corp.
12,949
340,226
Sansan, Inc.
27,002
343,178
Sega Sammy Holdings, Inc.
35,054
605,563
Sekisui House Ltd.#
19,464
426,111
Shin-Etsu Chemical Co. Ltd.
37,142
1,324,117
Shionogi & Co. Ltd.
200,655
3,628,101
Ship Healthcare Holdings, Inc.
17,792
285,028
SIGMAXYZ Holdings, Inc.
144,289
541,902
SoftBank Group Corp.
38,230
1,190,769
Sony Group Corp.
133,802
3,126,802
Sumitomo Mitsui Financial Group, Inc.
37,441
1,608,800
Sumitomo Mitsui Trust Group, Inc.
83,012
853,586
Suzuki Motor Corp.
61,967
808,889
T&D Holdings, Inc.
24,879
784,082
TechMatrix Corp.
52,681
679,093
THK Co. Ltd.
8,735
359,441
Tokio Marine Holdings, Inc.
58,126
2,962,473
Tokyo Electron Ltd.
11,642
3,892,355
Toyo Tanso Co. Ltd.
5,140
208,591
Toyota Motor Corp.
157,259
2,976,077
Toyota Tsusho Corp.
8,115
336,816
Tri Chemical Laboratories, Inc.
25,101
502,245
Ulvac, Inc.
12,949
682,953
Ushio, Inc.
14,159
328,590
Valqua Ltd.
14,648
585,597
Yamato Kogyo Co. Ltd.
5,313
447,271
TOTAL JAPAN
$81,834,159
KAZAKHSTAN − 0.4%
Kaspi.KZ JSC, ADR
26,560
2,357,997
MACAO − 0.0%**
Galaxy Entertainment Group Ltd.
39,513
172,316
MEXICO − 1.0%
Controladora Vuela Cia de Aviacion SAB de
CV, ADR*
126,915
993,744
Corp Inmobiliaria Vesta SAB de CV, ADR
66,499
2,293,550
Esentia Energy Development SAB de CV*
302,300
911,639
Grupo Financiero Banorte SAB de CV, Class O
154,120
1,776,525
TOTAL MEXICO
$5,975,458
NETHERLANDS − 3.8%
Arcadis NV
29,678
1,396,698
ASML Holding NV
7,245
11,939,365
Heineken NV
17,984
1,628,278
ING Groep NV
60,330
2,120,090
Koninklijke KPN NV
311,967
1,473,059
Koninklijke Philips NV
69,292
1,825,696
 July 31, 2026 (unaudited)

4
PORTFOLIO OF INVESTMENTS
Wilmington International Fund (continued)
Description
 
Number of
Shares
Value
Wolters Kluwer NV
18,224
$1,430,742
TOTAL NETHERLANDS
$21,813,928
NEW ZEALAND − 0.1%
Fisher & Paykel Healthcare Corp. Ltd.
9,785
234,026
Xero Ltd.*
2,488
124,213
TOTAL NEW ZEALAND
$358,239
NORWAY − 0.5%
DNB Bank ASA
85,190
2,742,999
PERU − 0.3%
Credicorp Ltd.
5,010
2,006,906
POLAND − 0.4%
Allegro.eu SA*
170,092
2,048,958
SINGAPORE − 0.6%
CapitaLand Ascendas REIT#
113,614
227,566
DBS Group Holdings Ltd.
21,240
1,225,479
Grab Holdings Ltd., Class A*
32,379
113,327
Keppel Ltd.
35,123
313,682
Oversea-Chinese Banking Corp. Ltd.
37,430
850,156
Sea Ltd., ADR*
3,690
393,871
Singapore Telecommunications Ltd.
88,392
305,827
TOTAL SINGAPORE
$3,429,908
SOUTH AFRICA − 1.5%
Anglo American PLC
130,723
6,617,395
Naspers Ltd., Class N
42,539
2,235,111
TOTAL SOUTH AFRICA
$8,852,506
SOUTH KOREA − 5.7%
Coupang, Inc.*
79,246
1,295,672
HD Hyundai Marine Solution Co. Ltd.
7,331
931,056
Hyundai Motor Co.
6,734
1,784,221
Samsung Electronics Co. Ltd.
103,702
18,049,834
SK hynix, Inc.
7,858
8,923,983
SK hynix, Inc., ADR*,#
5,947
854,762
SK Telecom Co. Ltd.
22,902
1,294,156
TOTAL SOUTH KOREA
$33,133,684
SPAIN − 1.7%
Banco Santander SA
190,629
2,711,178
Bankinter SA
104,999
1,931,449
Industria de Diseno Textil SA
80,144
5,230,489
TOTAL SPAIN
$9,873,116
SWEDEN − 1.1%
AAK AB
35,275
761,174
Atlas Copco AB, Class A
132,914
2,808,450
Sandvik AB
33,964
1,270,075
Volvo AB, Class B#
46,342
1,772,662
TOTAL SWEDEN
$6,612,361
SWITZERLAND − 1.7%
Galderma Group AG*
7,282
1,584,647
Helvetia Baloise Holding AG
5,357
1,436,583
Nestle SA
33,175
3,315,877
Sulzer AG
7,084
1,286,536
Description
 
Number of
Shares
Value
UBS Group AG
44,578
$2,356,288
TOTAL SWITZERLAND
$9,979,931
TAIWAN − 8.1%
ASPEED Technology, Inc.
4,806
2,098,955
Delta Electronics, Inc.
35,200
1,731,756
MediaTek, Inc.
39,018
4,156,499
Quanta Computer, Inc.
253,709
2,256,972
Realtek Semiconductor Corp.
41,600
862,651
Taiwan Semiconductor Manufacturing Co.
Ltd.
479,508
35,466,942
TOTAL TAIWAN
$46,573,775
THAILAND − 0.3%
True Corp. PCL, NVDR
4,061,526
1,746,401
TURKEY − 0.4%
MLP Saglik Hizmetleri AS*
106,310
906,206
Yapi ve Kredi Bankasi AS*,#
1,805,689
1,242,452
TOTAL TURKEY
$2,148,658
UNITED ARAB EMIRATES − 0.3%
Abu Dhabi Islamic Bank PJSC
196,581
1,135,567
Aldar Properties PJSC
360,163
726,624
TOTAL UNITED ARAB EMIRATES
$1,862,191
UNITED KINGDOM − 9.4%
AstraZeneca PLC
14,173
2,410,974
Babcock International Group PLC
97,286
1,476,854
BAE Systems PLC
169,186
4,789,543
British American Tobacco PLC
31,273
1,897,050
Bunzl PLC
52,374
1,976,444
Compass Group PLC
81,708
2,594,708
Genuit Group PLC
406,092
1,493,579
HSBC Holdings PLC
153,039
3,259,013
ICG PLC
136,393
3,482,377
London Stock Exchange Group PLC
19,558
2,200,129
National Grid PLC
145,793
2,333,541
QinetiQ Group PLC
215,473
1,475,202
Reckitt Benckiser Group PLC
82,180
5,800,049
Rotork PLC
400,703
2,639,790
RS Group PLC
148,726
1,416,150
Serco Group PLC
406,867
1,327,351
Smith & Nephew PLC
68,180
1,066,537
Smiths Group PLC
54,524
1,947,030
Standard Chartered PLC
68,778
2,033,601
Tesco PLC
239,744
1,578,033
Unilever PLC
92,441
5,881,798
Wise Group PLC, Class A*
114,479
1,367,335
TOTAL UNITED KINGDOM
$54,447,088
UNITED STATES − 4.7%
Haleon PLC
354,141
1,733,719
Holcim AG*
17,331
1,574,074
Novartis AG
37,018
5,789,315
Philip Morris International, Inc.
21,336
4,071,336
QIAGEN NV
40,350
1,660,358
Roche Holding AG
411
182,195
Roche Holding AG
22,391
9,786,938
July 31, 2026 (unaudited) 

PORTFOLIO OF INVESTMENTS
5
Wilmington International Fund (continued)
Description
 
Number of
Shares
Value
Schneider Electric SE
7,062
$2,372,730
TOTAL UNITED STATES
$27,170,665
TOTAL COMMON STOCKS
(Cost $346,852,221)
$545,685,097
EXCHANGE-TRADED FUNDS − 3.2%
iShares MSCI India ETF*,#
327,669
16,317,916
iShares MSCI Saudi Arabia ETF#
55,631
2,056,122
Next Funds TOPIX ETF
91,175
235,985
TOTAL EXCHANGE-TRADED FUNDS
(Cost $17,223,204)
$18,610,023
PREFERRED STOCK − 0.0%**
BRAZIL − 0.0%**
Localiza Rent a Car SA, 2.95%
4,575
32,816
TOTAL PREFERRED STOCK
(Cost $35,655)
$32,816
MONEY MARKET FUND − 2.0%
BNY Dreyfus Government Cash Management
Fund, Institutional Shares, 3.56%^
11,261,725
11,261,724
TOTAL MONEY MARKET FUND
(Cost $11,261,725)
$11,261,724
 
 
 
Par Value
 
CASH COLLATERAL INVESTED FOR SECURITIES ON LOAN − 6.2%
REPURCHASE AGREEMENTS − 6.2%
Bank of America Securities, Inc., 3.65%,
dated 7/31/26, due 8/03/26, repurchase
price $1,339,241, collateralized by
U.S. Government Agency Securities,
5.00% to 6.50%, maturing 12/01/54 to
7/20/56; total market value of
$1,365,611.
$1,338,834
1,338,834
Citadel Securities LLC, 3.70%, dated
7/31/26, due 8/03/26, repurchase price
$6,657,130, collateralized by
U.S. Treasury Securities, 0.00% to 5.00%,
maturing 8/15/26 to 5/15/56; total
market value of $6,790,273.
6,655,078
6,655,078
Daiwa Capital Markets America, Inc., 3.65%,
dated 7/31/26, due 8/03/26, repurchase
price $6,257,676, collateralized by
U.S. Government Agency Securities,
3.50% to 5.50%, maturing 9/20/46 to
7/01/56; total market value of
$6,380,888.
6,255,773
6,255,773
Description
 
Par Value
Value
Deutsche Bank Securities, Inc., 3.62%,
dated 7/31/26, due 8/03/26, repurchase
price $2,160,046, collateralized by
U.S. Treasury Securities, 1.25% to 4.63%,
maturing 11/30/27 to 9/30/30; total
market value of $2,202,584.
$2,159,395
$2,159,395
HSBC Securities USA, Inc., 3.65%, dated
7/31/26, due 8/03/26, repurchase price
$6,257,676, collateralized by
U.S. Government Agency Securities,
1.57% to 7.50%, maturing 7/01/31 to
6/01/56; total market value of
$6,380,888.
6,255,773
6,255,773
Natwest Markets Securities, Inc., 3.65%,
dated 7/31/26, due 8/03/26, repurchase
price $3,657,402, collateralized by
U.S. Government Agency Securities,
1.51% to 6.38%, maturing 12/01/30 to
9/01/54; total market value of
$3,729,416.
3,656,290
3,656,290
Nomura Securities International, Inc.,
3.65%, dated 7/31/26, due 8/03/26,
repurchase price $4,766,913,
collateralized by U.S. Government Agency
& Treasury Securities, 3.00% to 6.50%,
maturing 7/31/31 to 3/01/56; total
market value of $4,860,780.
4,765,464
4,765,464
TD Securities, Inc., 3.65%, dated 7/31/26,
due 8/03/26, repurchase price
$4,888,274, collateralized by
U.S. Government Agency Securities,
2.50% to 5.50%, maturing 10/01/51 to
11/01/55; total market value of
$4,984,524.
4,886,788
4,886,788
TOTAL REPURCHASE AGREEMENTS
(Cost $35,973,395)
$35,973,395
TOTAL CASH COLLATERAL INVESTED FOR SECURITIES ON
LOAN
(Cost $35,973,395)
$35,973,395
TOTAL INVESTMENTS − 105.7%
(Cost $411,346,200)
$611,563,055
COLLATERAL FOR SECURITIES ON LOAN − (6.2%)
(35,973,395
)
OTHER ASSETS LESS LIABILITIES – 0.5%
3,083,870
TOTAL NET ASSETS – 100.0%
$578,673,530
Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.
Level 1 – quoted prices in active markets for identical securities
Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)
 July 31, 2026 (unaudited)

6
PORTFOLIO OF INVESTMENTS
Wilmington International Fund (continued)
The following is a summary of the inputs used as of July 31, 2026 in valuing the Fund’s assets carried at fair value:
 
 
Level 1
Level 2
Level 3
Total
Assets
Investments in Securities
Common Stocks
Australia
$—
$11,722,519
$—
$11,722,519
Austria
—
7,589,126
—
7,589,126
Belgium
—
3,794,593
—
3,794,593
Brazil
8,659,713
—
—
8,659,713
Canada
43,673,550
—
—
43,673,550
Chile
1,932,999
—
—
1,932,999
China
7,485,377
32,542,481
—
40,027,858
Denmark
—
6,203,236
—
6,203,236
Finland
—
825,188
—
825,188
France
—
25,470,644
—
25,470,644
Germany
—
30,388,528
—
30,388,528
Greece
—
4,910,025
—
4,910,025
Hong Kong
—
11,557,829
—
11,557,829
Hungary
—
2,029,988
—
2,029,988
India
6,675,220
—
—
6,675,220
Indonesia
—
4,179,912
—
4,179,912
Ireland
—
3,405,748
—
3,405,748
Israel
126,622
1,712,740
—
1,839,362
Italy
—
5,657,815
—
5,657,815
Japan
—
81,834,159
—
81,834,159
Kazakhstan
2,357,997
—
—
2,357,997
Macao
—
172,316
—
172,316
Mexico
5,975,458
—
—
5,975,458
Netherlands
—
21,813,928
—
21,813,928
New Zealand
—
358,239
—
358,239
Norway
—
2,742,999
—
2,742,999
Peru
2,006,906
—
—
2,006,906
Poland
—
2,048,958
—
2,048,958
Singapore
507,198
2,922,710
—
3,429,908
South Africa
—
8,852,506
—
8,852,506
South Korea
2,150,434
30,983,250
—
33,133,684
Spain
—
9,873,116
—
9,873,116
Sweden
—
6,612,361
—
6,612,361
Switzerland
—
9,979,931
—
9,979,931
Taiwan
—
46,573,775
—
46,573,775
Thailand
—
1,746,401
—
1,746,401
Turkey
—
2,148,658
—
2,148,658
United Arab Emirates
—
1,862,191
—
1,862,191
United Kingdom
—
54,447,088
—
54,447,088
United States
4,071,336
23,099,329
—
27,170,665
Exchange-Traded Funds
18,374,038
235,985
—
18,610,023
Preferred Stock
Brazil
32,816
—
—
32,816
Money Market Fund
11,261,724
—
—
11,261,724
Repurchase Agreements
—
35,973,395
—
35,973,395
Total Investments in Securities
$115,291,388
$496,271,667
$—
$611,563,055
Other Financial Instruments!
Financial Futures Contracts
$67,845
$—
$—
$67,845
Total Assets - Other Financial Instruments
$67,845
$—
$—
$67,845
 
!
Other financial instruments are derivative instruments, such as financial futures contracts, which are valued at the unrealized appreciation (depreciation) on the instrument.
July 31, 2026 (unaudited) 

PORTFOLIO OF INVESTMENTS
7
Wilmington International Fund (concluded)
The inputs or techniques used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. Additional information on the Fund’s valuation policy is included in the most recent semi-annual or annual financial statements.

 
¢
Country classifications are based on primary country of risk.
*
Non-income producing security.
#
Security, or a portion thereof, is on loan.
**
Represents less than 0.05%.
^
7-Day net yield.
 
The following acronyms are used throughout this Portfolio of Investments:
ADR
American Depositary Receipt
EAFE
Europe, Australasia and Far East
ETF
Exchange-Traded Fund
LLC
Limited Liability Corporation
MSCI
Morgan Stanley Capital International
NVDR
Non-Voting Depositary Receipt
OYJ
Public Limited Company
PCL
Public Company Limited
PLC
Public Limited Company
REIT
Real Estate Investment Trust
SCA
Limited Partnership With Share Capital
SpA
Societa per Azioni
SPI
Share Price Index
TOPIX
Tokyo Stock Price Index
 
At July 31, 2026, the sector classifications of the Fund’s investments were as follows:
 
 
% of Net Assets
Financials
22.1%
Information Technology
20.7%
Industrials
13.8%
Consumer Discretionary
8.0%
Health Care
6.9%
Consumer Staples
5.7%
Materials
5.3%
Communication Services
4.9%
Energy
3.5%
Utilities
2.0%
Real Estate
1.4%
Other
5.7%
 
100.0%
At July 31, 2026, the International Fund had open financial futures contracts as follows:
 
Underlying Contracts to Buy/Sell
Expiration
Date
Number of
Contracts
Notional
Amount
Notional
Value
Unrealized
Appreciation
Unrealized
(Depreciation)
LONG POSITIONS:
 
 
EXCHANGE-TRADED:
 
 
MSCI EAFE Index
September 2026
33
$5,231,070
$5,250,795
$19,725
$—
SPI 200 Index
September 2026
33
5,143,392
5,191,512
48,120
—
UNREALIZED APPRECIATION (DEPRECIATION)
ON FINANCIAL FUTURES CONTRACTS
 
$67,845
$—
For additional information about significant accounting policies, refer to the Fund’s most recent semi-annual or annual financial statements.
 July 31, 2026 (unaudited)