| Nomura Value Fund | August 31, 2026 (Unaudited) |
| Number of shares | Value (US $) | ||
| Common Stocks — 98.98%♣ | |||
| Communication Services — 2.50% | |||
| Alphabet Class A | 71,788 | $ 24,361,258 | |
| Meta Platforms Class A | 32,700 | 18,715,518 | |
| 43,076,776 | |||
| Consumer Discretionary — 11.53% | |||
| Amazon.com † | 329,800 | 85,672,146 | |
| Lowe's | 222,862 | 45,619,851 | |
| McDonald's | 187,500 | 49,413,750 | |
| NIKE Class B | 451,485 | 17,635,004 | |
| 198,340,751 | |||
| Consumer Staples — 4.54% | |||
| PepsiCo | 268,009 | 37,612,383 | |
| Procter & Gamble | 278,610 | 40,431,883 | |
| 78,044,266 | |||
| Energy — 6.41% | |||
| Chevron | 275,126 | 56,714,474 | |
| ExxonMobil Holdings | 332,942 | 53,587,015 | |
| 110,301,489 | |||
| Financials — 20.13% | |||
| Bank of America | 976,500 | 60,484,410 | |
| Berkshire Hathaway Class B † | 105,000 | 52,923,150 | |
| Blackstone | 212,300 | 30,409,852 | |
| Charles Schwab | 248,074 | 27,243,487 | |
| Intercontinental Exchange | 250,620 | 40,274,634 | |
| Marsh & McLennan | 227,122 | 43,107,755 | |
| Progressive | 213,302 | 46,516,900 | |
| Wells Fargo & Co. | 524,100 | 45,276,999 | |
| 346,237,187 | |||
| Healthcare — 13.08% | |||
| Abbott Laboratories | 288,600 | 31,849,896 | |
| Cigna Group | 90,801 | 25,068,340 | |
| Johnson & Johnson | 117,475 | 31,230,729 | |
| Stryker | 160,300 | 51,905,140 | |
| Thermo Fisher Scientific | 107,836 | 66,545,595 | |
| Zoetis | 237,800 | 18,334,380 | |
| 224,934,080 | |||
| Industrials — 14.61% | |||
| Carrier Global | 864,100 | 50,307,902 | |
| CSX | 533,236 | 26,933,750 | |
| Number of shares | Value (US $) | ||
| Common Stocks♣ (continued) | |||
| Industrials (continued) | |||
| Dover | 241,685 | $ 46,942,478 | |
| DuPont de Nemours | 183,662 | 24,719,069 | |
| Jacobs Solutions | 387,491 | 57,755,533 | |
| Northrop Grumman | 82,710 | 44,638,587 | |
| 251,297,319 | |||
| Information Technology — 16.78% | |||
| Apple | 152,625 | 48,359,231 | |
| CDW | 225,431 | 34,170,831 | |
| Cisco Systems | 438,593 | 48,460,141 | |
| Microsoft | 205,000 | 103,994,450 | |
| Qnity Electronics | 163,072 | 19,475,689 | |
| QUALCOMM | 200,700 | 34,215,336 | |
| 288,675,678 | |||
| Materials — 3.00% | |||
| PPG Industries | 460,600 | 51,665,502 | |
| 51,665,502 | |||
| Real Estate — 3.14% | |||
| Prologis | 386,266 | 54,046,339 | |
| 54,046,339 | |||
| Utilities — 3.26% | |||
| Duke Energy | 467,978 | 56,115,242 | |
| 56,115,242 | |||
| Total Common Stocks (cost $1,398,955,369) | 1,702,734,629 | ||
| Short-Term Investments — 0.96% | |||
| Money Market Mutual Funds — 0.96% | |||
| BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 3.57%) | 4,126,142 | 4,126,142 | |
| Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 3.56%) | 4,126,143 | 4,126,143 | |
| Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 3.65%) | 4,126,143 | 4,126,143 | |
| Number of shares | Value (US $) | ||
| Short-Term Investments (continued) | |||
| Money Market Mutual Funds (continued) | |||
| Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 3.58%) | 4,126,143 | $ 4,126,143 | |
| Total Short-Term Investments (cost $16,504,571) | 16,504,571 | ||
| Total Value of Securities—99.94% (cost $1,415,459,940) | 1,719,239,200 | ||
| Receivables and Other Assets Net of Liabilities—0.06% | 964,297 | ||
| Net Assets Applicable to 132,071,335 Shares Outstanding—100.00% | $1,720,203,497 | ||
| ♣ | Categorizations used for financial reporting purposes may differ from categorizations used for regulatory compliance and/or internal classification purposes. |
| † | Non-income producing security. |