Schedule of investments
Nomura Small Cap Core Fund August 31, 2026 (Unaudited)
    Number of
shares 		Value (US $)
Common Stocks — 99.27%♣
Communication Services — 1.62%
IMAX †    1,656,440 $   84,809,728
     84,809,728
Consumer Discretionary — 8.38%
Brinker International †      184,267     42,105,010
Garrett Motion       901,651     24,299,494
KB Home       445,022     23,719,673
Kontoor Brands       684,002     51,580,591
Life Time Group Holdings †    1,366,803     57,433,062
OneSpaWorld Holdings     1,564,675     38,850,880
Sonic Automotive Class A       477,462     37,552,386
Steven Madden     1,179,017     50,909,954
Urban Outfitters †      583,456     47,079,065
Warby Parker Class A †    1,437,287     35,357,260
YETI Holdings †      709,807    29,137,577
    438,024,952
Consumer Staples — 1.18%
Chefs' Warehouse †      549,237    61,772,685
     61,772,685
Energy — 7.75%
Archrock       842,764     26,563,921
Gulfport Energy †      195,050     35,001,723
International Seaways       685,075     67,575,798
Liberty Energy     1,245,787     24,554,462
Magnolia Oil & Gas Class A     1,818,411     48,824,335
Oceaneering International †      623,584     32,276,708
Patterson-UTI Energy     4,811,487     60,817,196
Seadrill †      712,537     34,714,803
SM Energy     1,699,896     63,202,133
Uranium Energy †      946,355    11,583,385
    405,114,464
Financials — 18.89%
Associated Banc-Corp     2,405,546     73,633,763
Baldwin Insurance Group †    1,551,313     47,858,006
CNO Financial Group       825,837     45,247,609
Enterprise Financial Services       649,231     41,050,876
First Bancorp        625,382     39,667,980
First Financial Bancorp     1,682,368     54,895,668
First Interstate BancSystem Class A     1,197,610     44,084,024
Independent Bank       731,072     59,348,425
NQ- 480 [0826] 1026 (6010768)    1

 

Schedule of investments
Nomura Small Cap Core Fund 
    Number of
shares 		Value (US $)
Common Stocks♣ (continued)
Financials (continued)
Moelis & Co. Class A       809,800 $   55,123,086
NMI Holdings †    1,505,594     66,773,094
Old National Bancorp     2,689,781     68,804,598
Perella Weinberg Partners     2,155,321     35,842,988
Renasant       988,259     40,429,676
Seacoast Banking of Florida     1,630,404     55,360,368
Selective Insurance Group       214,032     19,538,981
UMB Financial       287,613     40,734,629
United Community Banks     1,295,225     45,125,639
Valley National Bancorp     4,356,232     59,419,005
WesBanco     1,462,974     58,533,590
WSFS Financial       462,022    35,783,604
    987,255,609
Healthcare — 21.46%
Agios Pharmaceuticals †    1,695,533     57,105,551
Ardelyx †    7,634,498     28,858,402
Artivion †    1,898,809     51,248,855
AtriCure †    1,377,902     66,621,562
Axsome Therapeutics †      228,733     45,408,075
Blueprint Medicines =, †      683,719              0
Bridgebio Pharma †      619,588     47,454,245
Cytokinetics †      772,245     54,759,893
Denali Therapeutics †    1,656,122     39,349,459
Glaukos †      416,459     74,779,378
Halozyme Therapeutics †      495,059     52,718,833
HealthEquity †      334,818     32,323,330
Hinge Health Class A †      328,584     30,413,735
Ligand Pharmaceuticals †      337,669     95,931,763
Merit Medical Systems †      579,560     52,542,910
Mirum Pharmaceuticals †      377,378     37,001,913
NeoGenomics †    4,081,051     73,091,623
OmniAb 12.5 =, †      221,566              0
OmniAb 15 =, †      221,566              0
Omnicell †    1,162,437     40,871,285
Supernus Pharmaceuticals †    1,917,295     84,763,612
TransMedics Group †      617,377     52,396,786
Travere Therapeutics †    1,569,286   104,012,276
  1,121,653,486
2    NQ- 480 [0826] 1026 (6010768)

 

    Number of
shares 		Value (US $)
Common Stocks♣ (continued)
Industrials — 15.45%
ABM Industries       654,331 $   30,511,454
Alamo Group       122,725     20,198,080
Applied Industrial Technologies        58,718     19,023,458
ArcBest       194,113     26,781,771
Bloom Energy Class A †       58,580     12,085,054
Boise Cascade       404,257     31,536,089
Casella Waste Systems Class A †      432,739     39,920,173
Construction Partners Class A †      539,982     57,346,088
Dycom Industries †       48,027     13,985,943
Enpro        52,390     15,518,966
ESCO Technologies       186,486     50,916,273
Federal Signal       671,506     78,566,202
Herc Holdings       131,514     20,034,843
Hub Group Class A       506,466     20,192,799
Kadant       150,282     44,955,357
Legence Class A †      232,442     12,451,918
Modine Manufacturing †      188,587     33,649,578
MYR Group †      214,279     62,445,186
NuScale Power †    1,216,887     11,280,542
Onterris †    1,693,344     28,312,712
SPX Technologies †      115,953     22,813,753
Tecnoglass Holdings       729,820     28,973,854
VSE       133,007     27,755,901
Werner Enterprises       697,541     27,329,656
Worthington Enterprises       484,470     27,827,957
Zurn Elkay Water Solutions       900,413    43,039,741
    807,453,348
Information Technology — 12.34%
Ambarella †      298,992     20,744,065
AXT †      268,789     16,291,301
Bel Fuse Class B        54,406     13,562,056
Box Class A †    1,453,267     51,997,893
Calix †      528,779     20,157,055
Cipher Digital †      576,360      8,933,580
Core Scientific †      682,099     11,118,214
Credo Technology Group Holding †       95,739     21,655,204
D-Wave Quantum †      806,616     13,873,795
Fabrinet †       33,443     13,809,618
Hut 8 †      182,670     14,365,169
Ichor Holdings †      385,391     20,645,396
JFrog †      480,900     48,123,663
NQ- 480 [0826] 1026 (6010768)    3

 

Schedule of investments
Nomura Small Cap Core Fund 
    Number of
shares 		Value (US $)
Common Stocks♣ (continued)
Information Technology (continued)
MARA Holdings †    1,105,615 $   11,907,474
Navitas Semiconductor †      828,061      9,597,227
nLight †      307,277     12,988,599
Plexus †       66,155     15,842,138
Progress Software †      706,437     32,686,840
Q2 Holdings †      759,187     49,377,523
Rigetti Computing †      917,013     14,360,424
Riot Platforms †      463,188      8,798,256
Rubrik Class A †      134,490     12,512,950
Semtech †      333,218     44,304,665
SPS Commerce †      256,720     21,923,888
TTM Technologies †      131,384     15,624,185
Ultra Clean Holdings †      499,122     33,855,445
Varonis Systems †    1,487,660     65,114,878
Viasat †      310,152    20,863,925
    645,035,426
Materials — 3.82%
Kaiser Aluminum       454,504     72,166,145
Minerals Technologies       897,792     63,671,408
Quaker Chemical       303,420     50,307,036
SSR Mining       367,229    13,811,483
    199,956,072
Real Estate — 5.90%
Cushman & Wakefield †    3,967,864     53,526,485
DiamondRock Hospitality     3,661,933     45,078,395
Essential Properties Realty Trust       648,872     19,466,160
Four Corners Property Trust     1,272,628     31,662,985
Independence Realty Trust     1,785,379     28,887,432
Kite Realty Group Trust     1,660,732     42,846,885
LXP Industrial Trust       478,384     29,042,693
Outfront Media       637,910     18,741,796
Phillips Edison & Co.       483,354     18,681,632
Terreno Realty       306,661    20,304,025
    308,238,488
Utilities — 2.48%
Black Hills       655,001     46,950,472
Northwestern Energy Group       678,961     46,956,943
4    NQ- 480 [0826] 1026 (6010768)

 

    Number of
shares 		Value (US $)
Common Stocks♣ (continued)
Utilities (continued)
Spire       438,986 $   35,926,614
    129,834,029
Total Common Stocks (cost $3,521,741,004) 5,189,148,287
Short-Term Investments — 0.86%
Money Market Mutual Funds — 0.86%
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 3.57%)   11,185,458     11,185,458
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 3.56%)   11,185,459     11,185,459
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 3.65%)   11,185,459     11,185,459
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 3.58%)   11,185,459    11,185,459
Total Short-Term Investments (cost $44,741,835)    44,741,835
Total Value of Securities—100.13%
(cost $3,566,482,839) 		    5,233,890,122
Liabilities Net of Receivables and Other Assets—(0.13%)        (6,684,736)
Net Assets Applicable to 146,485,060 Shares Outstanding—100.00%     $5,227,205,386
♣ Categorizations used for financial reporting purposes may differ from categorizations used for regulatory compliance and/or internal classification purposes.
† Non-income producing security.
= The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security.
NQ- 480 [0826] 1026 (6010768)    5