|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8%
|
|||
|
|
Automobiles & Components - 2.1%
|
||
|
2,994
|
Autoliv, Inc.
|
$280,807
|
|
|
429
|
General Motors Co.
|
22,853
|
|
|
4,260
|
Gentex Corp.
|
122,390
|
|
|
5,921
|
Tesla, Inc.*
|
2,391,137
|
|
|
|
|
|
2,817,187
|
|
|
Banks - 1.5%
|
||
|
2,148
|
Bank of America Corp.
|
94,405
|
|
|
1,856
|
Citigroup, Inc.
|
130,644
|
|
|
5,168
|
JP Morgan Chase & Co.
|
1,238,821
|
|
|
787
|
PNC Financial Services Group, Inc.
|
151,773
|
|
|
1,553
|
Truist Financial Corp.
|
67,369
|
|
|
5,046
|
Wells Fargo & Co.
|
354,431
|
|
|
|
|
|
2,037,443
|
|
|
Capital Goods - 5.5%
|
||
|
1,690
|
3M Co.
|
218,162
|
|
|
181
|
Acuity Brands, Inc.
|
52,875
|
|
|
6,910
|
Allison Transmission Holdings, Inc.
|
746,695
|
|
|
96
|
Carlisle Cos., Inc.
|
35,409
|
|
|
806
|
Caterpillar, Inc.
|
292,385
|
|
|
481
|
CSW Industrials, Inc.
|
169,697
|
|
|
3,289
|
Cummins, Inc.
|
1,146,545
|
|
|
5,957
|
Donaldson Co., Inc.
|
401,204
|
|
|
1,041
|
Dycom Industries, Inc.*
|
181,196
|
|
|
898
|
Eaton Corp. PLC
|
298,019
|
|
|
1,542
|
EMCOR Group, Inc.
|
699,914
|
|
|
3,825
|
Federal Signal Corp.
|
353,392
|
|
|
2,835
|
Ferguson Enterprises, Inc.
|
492,071
|
|
|
693
|
General Dynamics Corp.
|
182,599
|
|
|
1,114
|
General Electric Co.
|
185,804
|
|
|
198
|
Lennox International, Inc.
|
120,641
|
|
|
819
|
Lockheed Martin Corp.
|
397,985
|
|
|
5,901
|
Mueller Industries, Inc.
|
468,303
|
|
|
758
|
Otis Worldwide Corp.
|
70,198
|
|
|
743
|
Owens Corning
|
126,548
|
|
|
3,615
|
RTX Corp.
|
418,328
|
|
|
211
|
Snap-on, Inc.
|
71,630
|
|
|
469
|
Trane Technologies PLC
|
173,225
|
|
|
|
|
|
7,302,825
|
|
|
Commercial & Professional Services - 1.8%
|
||
|
3,266
|
Booz Allen Hamilton Holding Corp.
|
420,334
|
|
|
723
|
Broadridge Financial Solutions, Inc.
|
163,463
|
|
|
109
|
CACI International, Inc. Class A*
|
44,043
|
|
|
3,857
|
Cintas Corp.
|
704,674
|
|
|
440
|
Paychex, Inc.
|
61,697
|
|
|
9,162
|
Robert Half, Inc.
|
645,554
|
|
|
1,249
|
Verisk Analytics, Inc.
|
344,012
|
|
|
|
|
|
2,383,777
|
|
|
Consumer Discretionary Distribution & Retail - 5.7%
|
||
|
22,556
|
Amazon.com, Inc.*
|
4,948,561
|
|
|
843
|
Best Buy Co., Inc.
|
72,329
|
|
|
841
|
Dick's Sporting Goods, Inc.
|
192,454
|
|
|
5,765
|
eBay, Inc.
|
357,142
|
|
|
1,002
|
Genuine Parts Co.
|
116,994
|
|
|
1,552
|
Home Depot, Inc.
|
603,712
|
|
|
483
|
LKQ Corp.
|
17,750
|
|
|
972
|
Lowe's Cos., Inc.
|
239,890
|
|
|
969
|
Murphy USA, Inc.
|
486,196
|
|
|
790
|
TJX Cos., Inc.
|
95,440
|
|
|
4,069
|
Tractor Supply Co.
|
215,901
|
|
|
924
|
Williams-Sonoma, Inc.
|
171,106
|
|
|
|
|
|
7,517,475
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Consumer Durables & Apparel - 0.5%
|
||
|
1,153
|
Crocs, Inc.*
|
$126,288
|
|
|
2,217
|
Ralph Lauren Corp.
|
512,083
|
|
|
570
|
Tapestry, Inc.
|
37,238
|
|
|
|
|
|
675,609
|
|
|
Consumer Services - 3.0%
|
||
|
2,158
|
Airbnb, Inc. Class A*
|
283,583
|
|
|
132
|
Booking Holdings, Inc.
|
655,831
|
|
|
2,143
|
Chipotle Mexican Grill, Inc.*
|
129,223
|
|
|
471
|
Choice Hotels International, Inc.
|
66,873
|
|
|
920
|
Darden Restaurants, Inc.
|
171,755
|
|
|
690
|
DoorDash, Inc. Class A*
|
115,747
|
|
|
8,744
|
H&R Block, Inc.
|
462,033
|
|
|
1,323
|
McDonald's Corp.
|
383,524
|
|
|
6,833
|
Six Flags Entertainment Corp.
|
329,282
|
|
|
902
|
Starbucks Corp.
|
82,308
|
|
|
3,312
|
Texas Roadhouse, Inc.
|
597,584
|
|
|
5,454
|
Yum! Brands, Inc.
|
731,709
|
|
|
|
|
|
4,009,452
|
|
|
Consumer Staples Distribution & Retail - 1.8%
|
||
|
11,223
|
Albertsons Cos., Inc. Class A
|
220,420
|
|
|
2,691
|
BJ's Wholesale Club Holdings, Inc.*
|
240,441
|
|
|
931
|
Costco Wholesale Corp.
|
853,047
|
|
|
380
|
Target Corp.
|
51,368
|
|
|
10,997
|
Walmart, Inc.
|
993,579
|
|
|
|
|
|
2,358,855
|
|
|
Energy - 4.2%
|
||
|
1,255
|
Cheniere Energy, Inc.
|
269,662
|
|
|
7,688
|
Chevron Corp.
|
1,113,530
|
|
|
2,355
|
Chord Energy Corp.
|
275,347
|
|
|
3,598
|
ConocoPhillips
|
356,814
|
|
|
1,664
|
Diamondback Energy, Inc.
|
272,613
|
|
|
496
|
DT Midstream, Inc.
|
49,317
|
|
|
4,344
|
EOG Resources, Inc.
|
532,488
|
|
|
11,794
|
Exxon Mobil Corp.
|
1,268,681
|
|
|
16,616
|
Kinder Morgan, Inc.
|
455,278
|
|
|
1,550
|
Marathon Petroleum Corp.
|
216,225
|
|
|
899
|
Targa Resources Corp.
|
160,471
|
|
|
2,000
|
Valero Energy Corp.
|
245,180
|
|
|
5,219
|
Williams Cos., Inc.
|
282,452
|
|
|
|
|
|
5,498,058
|
|
|
Equity Real Estate Investment Trusts (REITs) - 3.8%
|
||
|
6,098
|
Agree Realty Corp. REIT
|
429,604
|
|
|
815
|
AvalonBay Communities, Inc. REIT
|
179,275
|
|
|
2,199
|
CubeSmart REIT
|
94,227
|
|
|
112
|
EastGroup Properties, Inc. REIT
|
17,975
|
|
|
1,467
|
Equity Residential REIT
|
105,272
|
|
|
1,031
|
Essex Property Trust, Inc. REIT
|
294,289
|
|
|
553
|
First Industrial Realty Trust, Inc. REIT
|
27,722
|
|
|
13,391
|
Gaming & Leisure Properties, Inc. REIT
|
644,910
|
|
|
10,261
|
Healthcare Realty Trust, Inc. REIT
|
173,924
|
|
|
5,160
|
Iron Mountain, Inc. REIT
|
542,368
|
|
|
8,165
|
Lamar Advertising Co. Class A, REIT
|
994,007
|
|
|
6,997
|
NNN, Inc. REIT
|
285,827
|
|
|
10,540
|
Omega Healthcare Investors, Inc. REIT
|
398,939
|
|
|
646
|
Rayonier, Inc. REIT
|
16,861
|
|
|
2,504
|
Simon Property Group, Inc. REIT
|
431,214
|
|
|
12,511
|
STAG Industrial, Inc. REIT
|
423,122
|
|
|
|
|
|
5,059,536
|
|
|
Financial Services - 7.0%
|
||
|
47,797
|
AGNC Investment Corp. REIT
|
440,210
|
|
|
890
|
American Express Co.
|
264,143
|
|
|
|
1
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Financial Services - 7.0% - (continued)
|
||
|
2,010
|
Annaly Capital Management, Inc. REIT
|
$36,783
|
|
|
10,629
|
Bank of New York Mellon Corp.
|
816,626
|
|
|
1,337
|
Berkshire Hathaway, Inc. Class B*
|
606,035
|
|
|
171
|
Blackrock, Inc.
|
175,294
|
|
|
4,407
|
Cboe Global Markets, Inc.
|
861,128
|
|
|
265
|
Coinbase Global, Inc. Class A*
|
65,800
|
|
|
12,608
|
Corebridge Financial, Inc.
|
377,358
|
|
|
118
|
Evercore, Inc. Class A
|
32,708
|
|
|
246
|
Goldman Sachs Group, Inc.
|
140,865
|
|
|
462
|
Hamilton Lane, Inc. Class A
|
68,399
|
|
|
208
|
Interactive Brokers Group, Inc. Class A
|
36,747
|
|
|
250
|
Jack Henry & Associates, Inc.
|
43,825
|
|
|
20,714
|
Janus Henderson Group PLC
|
880,967
|
|
|
522
|
KKR & Co., Inc.
|
77,209
|
|
|
566
|
Lazard, Inc.
|
29,138
|
|
|
4,709
|
MGIC Investment Corp.
|
111,650
|
|
|
1,167
|
Moody's Corp.
|
552,423
|
|
|
4,242
|
Morgan Stanley
|
533,304
|
|
|
119
|
Morningstar, Inc.
|
40,075
|
|
|
100
|
MSCI, Inc.
|
60,001
|
|
|
3,168
|
Nasdaq, Inc.
|
244,918
|
|
|
306
|
PayPal Holdings, Inc.*
|
26,117
|
|
|
14,224
|
Radian Group, Inc.
|
451,185
|
|
|
42,852
|
Rithm Capital Corp. REIT
|
464,087
|
|
|
725
|
S&P Global, Inc.
|
361,072
|
|
|
32,857
|
Starwood Property Trust, Inc. REIT
|
622,640
|
|
|
2,116
|
State Street Corp.
|
207,685
|
|
|
6,000
|
T Rowe Price Group, Inc.
|
678,540
|
|
|
|
|
|
9,306,932
|
|
|
Food, Beverage & Tobacco - 3.6%
|
||
|
27,143
|
Altria Group, Inc.
|
1,419,307
|
|
|
3,953
|
Bunge Global SA
|
307,385
|
|
|
2,054
|
Campbell's Co.
|
86,021
|
|
|
9,645
|
Coca-Cola Co.
|
600,498
|
|
|
125
|
Coca-Cola Consolidated, Inc.
|
157,499
|
|
|
3,128
|
Flowers Foods, Inc.
|
64,624
|
|
|
1,745
|
Hershey Co.
|
295,516
|
|
|
2,746
|
Ingredion, Inc.
|
377,740
|
|
|
9,643
|
PepsiCo, Inc.
|
1,466,315
|
|
|
|
|
|
4,774,905
|
|
|
Health Care Equipment & Services - 3.0%
|
||
|
6,117
|
Abbott Laboratories
|
691,894
|
|
|
4,966
|
Boston Scientific Corp.*
|
443,563
|
|
|
2,091
|
GE HealthCare Technologies, Inc.
|
163,474
|
|
|
347
|
HCA Healthcare, Inc.
|
104,152
|
|
|
282
|
Inspire Medical Systems, Inc.*
|
52,277
|
|
|
40
|
Intuitive Surgical, Inc.*
|
20,879
|
|
|
844
|
McKesson Corp.
|
481,004
|
|
|
3,457
|
Medtronic PLC
|
276,145
|
|
|
2,505
|
Quest Diagnostics, Inc.
|
377,904
|
|
|
1,625
|
ResMed, Inc.
|
371,621
|
|
|
290
|
Stryker Corp.
|
104,415
|
|
|
180
|
TransMedics Group, Inc.*
|
11,223
|
|
|
1,802
|
UnitedHealth Group, Inc.
|
911,560
|
|
|
|
|
|
4,010,111
|
|
|
Household & Personal Products - 1.5%
|
||
|
9,527
|
Colgate-Palmolive Co.
|
866,099
|
|
|
36,537
|
Kenvue, Inc.
|
780,065
|
|
|
2,391
|
Kimberly-Clark Corp.
|
313,317
|
|
|
|
|
|
1,959,481
|
|
|
Insurance - 2.4%
|
||
|
3,442
|
Aflac, Inc.
|
356,040
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Insurance - 2.4% - (continued)
|
||
|
6,462
|
Axis Capital Holdings Ltd.
|
$572,662
|
|
|
2,071
|
Chubb Ltd.
|
572,217
|
|
|
125
|
Cincinnati Financial Corp.
|
17,963
|
|
|
861
|
Fidelity National Financial, Inc.
|
48,337
|
|
|
1,122
|
Marsh & McLennan Cos., Inc.
|
238,324
|
|
|
7,273
|
Old Republic International Corp.
|
263,210
|
|
|
1,693
|
Progressive Corp.
|
405,660
|
|
|
2,425
|
Prudential Financial, Inc.
|
287,435
|
|
|
1,468
|
Travelers Cos., Inc.
|
353,627
|
|
|
376
|
Willis Towers Watson PLC
|
117,778
|
|
|
|
|
|
3,233,253
|
|
|
Materials - 2.1%
|
||
|
1,576
|
Cabot Corp.
|
143,905
|
|
|
848
|
CRH PLC
|
78,457
|
|
|
612
|
Ecolab, Inc.
|
143,404
|
|
|
4,672
|
Element Solutions, Inc.
|
118,809
|
|
|
9,520
|
Knife River Corp.*
|
967,613
|
|
|
1,140
|
Packaging Corp. of America
|
256,648
|
|
|
4,447
|
RPM International, Inc.
|
547,248
|
|
|
1,621
|
Sherwin-Williams Co.
|
551,026
|
|
|
|
|
|
2,807,110
|
|
|
Media & Entertainment - 8.3%
|
||
|
30,338
|
Alphabet, Inc. Class A
|
5,742,983
|
|
|
4,017
|
Electronic Arts, Inc.
|
587,687
|
|
|
7,501
|
Fox Corp. Class A
|
364,399
|
|
|
4,417
|
Meta Platforms, Inc. Class A
|
2,586,198
|
|
|
971
|
Netflix, Inc.*
|
865,472
|
|
|
5,667
|
New York Times Co. Class A
|
294,967
|
|
|
9,529
|
News Corp. Class A
|
262,429
|
|
|
3,604
|
Omnicom Group, Inc.
|
310,088
|
|
|
1,056
|
ROBLOX Corp. Class A*
|
61,100
|
|
|
|
|
|
11,075,323
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 6.4%
|
||
|
8,193
|
AbbVie, Inc.
|
1,455,896
|
|
|
937
|
Amgen, Inc.
|
244,220
|
|
|
16,834
|
Bristol-Myers Squibb Co.
|
952,131
|
|
|
467
|
Danaher Corp.
|
107,200
|
|
|
1,593
|
Eli Lilly & Co.
|
1,229,796
|
|
|
7,411
|
Gilead Sciences, Inc.
|
684,554
|
|
|
13,279
|
Johnson & Johnson
|
1,920,409
|
|
|
3,598
|
Merck & Co., Inc.
|
357,929
|
|
|
1,156
|
Organon & Co.
|
17,248
|
|
|
10,026
|
Pfizer, Inc.
|
265,990
|
|
|
45
|
Regeneron Pharmaceuticals, Inc.*
|
32,055
|
|
|
402
|
Thermo Fisher Scientific, Inc.
|
209,132
|
|
|
998
|
Vertex Pharmaceuticals, Inc.*
|
401,895
|
|
|
1,420
|
West Pharmaceutical Services, Inc.
|
465,135
|
|
|
1,123
|
Zoetis, Inc.
|
182,970
|
|
|
|
|
|
8,526,560
|
|
|
Semiconductors & Semiconductor Equipment - 10.5%
|
||
|
680
|
Advanced Micro Devices, Inc.*
|
82,137
|
|
|
2,809
|
Applied Materials, Inc.
|
456,828
|
|
|
10,478
|
Broadcom, Inc.
|
2,429,220
|
|
|
223
|
Cirrus Logic, Inc.*
|
22,206
|
|
|
600
|
KLA Corp.
|
378,072
|
|
|
2,970
|
Lam Research Corp.
|
214,523
|
|
|
265
|
Monolithic Power Systems, Inc.
|
156,801
|
|
|
55,794
|
NVIDIA Corp.
|
7,492,576
|
|
|
2,210
|
NXP Semiconductors NV
|
459,348
|
|
|
4,085
|
QUALCOMM, Inc.
|
627,538
|
|
|
885
|
Skyworks Solutions, Inc.
|
78,482
|
|
|
|
2
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Semiconductors & Semiconductor Equipment - 10.5% - (continued)
|
||
|
960
|
Teradyne, Inc.
|
$120,883
|
|
|
7,467
|
Texas Instruments, Inc.
|
1,400,137
|
|
|
|
|
|
13,918,751
|
|
|
Software & Services - 12.6%
|
||
|
1,489
|
Accenture PLC Class A
|
523,815
|
|
|
354
|
Adobe, Inc.*
|
157,417
|
|
|
2,813
|
Altair Engineering, Inc. Class A*
|
306,926
|
|
|
1,010
|
AppLovin Corp. Class A*
|
327,068
|
|
|
706
|
Cadence Design Systems, Inc.*
|
212,125
|
|
|
298
|
Cloudflare, Inc. Class A*
|
32,089
|
|
|
9,033
|
Cognizant Technology Solutions Corp. Class A
|
694,638
|
|
|
794
|
Crowdstrike Holdings, Inc. Class A*
|
271,675
|
|
|
1,323
|
Datadog, Inc. Class A*
|
189,043
|
|
|
26,687
|
Dropbox, Inc. Class A*
|
801,678
|
|
|
754
|
Elastic NV*
|
74,706
|
|
|
194
|
Fair Isaac Corp.*
|
386,240
|
|
|
175
|
Gartner, Inc.*
|
84,782
|
|
|
3,427
|
GoDaddy, Inc. Class A*
|
676,387
|
|
|
1,491
|
Guidewire Software, Inc.*
|
251,353
|
|
|
343
|
HubSpot, Inc.*
|
238,992
|
|
|
4,600
|
International Business Machines Corp.
|
1,011,218
|
|
|
504
|
Intuit, Inc.
|
316,764
|
|
|
1,033
|
Manhattan Associates, Inc.*
|
279,158
|
|
|
17,208
|
Microsoft Corp.
|
7,253,172
|
|
|
1,381
|
Nutanix, Inc. Class A*
|
84,490
|
|
|
4,994
|
Oracle Corp.
|
832,200
|
|
|
5,931
|
Palantir Technologies, Inc. Class A*
|
448,562
|
|
|
1,088
|
Palo Alto Networks, Inc.*
|
197,972
|
|
|
1,458
|
Salesforce, Inc.
|
487,453
|
|
|
238
|
ServiceNow, Inc.*
|
252,309
|
|
|
849
|
Smartsheet, Inc. Class A*
|
47,569
|
|
|
117
|
Snowflake, Inc. Class A*
|
18,066
|
|
|
111
|
Synopsys, Inc.*
|
53,875
|
|
|
2,509
|
Varonis Systems, Inc.*
|
111,475
|
|
|
272
|
Zscaler, Inc.*
|
49,072
|
|
|
|
|
|
16,672,289
|
|
|
Technology Hardware & Equipment - 8.0%
|
||
|
8,510
|
Amphenol Corp. Class A
|
591,020
|
|
|
30,155
|
Apple, Inc.
|
7,551,415
|
|
|
7,332
|
Cisco Systems, Inc.
|
434,054
|
|
|
3,635
|
Corning, Inc.
|
172,735
|
|
|
167
|
Dell Technologies, Inc. Class C
|
19,245
|
|
|
5,931
|
Flex Ltd.*
|
227,691
|
|
|
4,756
|
HP, Inc.
|
155,188
|
|
|
1,531
|
Juniper Networks, Inc.
|
57,336
|
|
|
454
|
Motorola Solutions, Inc.
|
209,853
|
|
|
6,679
|
NetApp, Inc.
|
775,298
|
|
|
3,337
|
TE Connectivity PLC
|
477,091
|
|
|
|
|
|
10,670,926
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Telecommunication Services - 2.0%
|
||
|
32,257
|
AT&T, Inc.
|
$734,492
|
|
|
1,414
|
T-Mobile U.S., Inc.
|
312,112
|
|
|
39,767
|
Verizon Communications, Inc.
|
1,590,282
|
|
|
|
|
|
2,636,886
|
|
|
Transportation - 1.3%
|
||
|
3,630
|
CH Robinson Worldwide, Inc.
|
375,052
|
|
|
1,152
|
FedEx Corp.
|
324,092
|
|
|
118
|
JB Hunt Transport Services, Inc.
|
20,138
|
|
|
277
|
Old Dominion Freight Line, Inc.
|
48,863
|
|
|
3,542
|
Ryder System, Inc.
|
555,598
|
|
|
5,526
|
Uber Technologies, Inc.*
|
333,328
|
|
|
|
|
|
1,657,071
|
|
|
Utilities - 1.2%
|
||
|
751
|
DTE Energy Co.
|
90,683
|
|
|
1,444
|
Duke Energy Corp.
|
155,576
|
|
|
2,394
|
Edison International
|
191,137
|
|
|
3,960
|
NextEra Energy, Inc.
|
283,892
|
|
|
1,477
|
NRG Energy, Inc.
|
133,255
|
|
|
712
|
OGE Energy Corp.
|
29,370
|
|
|
5,893
|
Public Service Enterprise Group, Inc.
|
497,900
|
|
|
3,121
|
Southern Co.
|
256,921
|
|
|
|
|
|
1,638,734
|
|
|
Total Common Stocks
(cost $110,170,360)
|
|
$132,548,549
|
|
|
Total Investments
(cost $110,170,360)
|
99.8
%
|
$132,548,549
|
|
|
Other Assets and Liabilities
|
0.2
%
|
290,824
|
|
|
Net Assets
|
100.0
%
|
$132,839,373
|
|
*
|
Non-income producing.
|
|
Futures Contracts Outstanding at December 31, 2024
|
||||
|
Description
|
Number of
Contracts
|
Expiration
Date
|
Current
Notional
Amount
|
Value and
Unrealized
Appreciation/
(Depreciation)
|
|
Long position contracts:
|
||||
|
S&P 500 (E-Mini) Future
|
7
|
03/21/2025
|
$207,751
|
$(6,725
)
|
|
Total futures contracts
|
$(6,725
)
|
|||
|
|
3
|
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Automobiles & Components
|
$2,817,187
|
$2,817,187
|
$—
|
$—
|
|
Banks
|
2,037,443
|
2,037,443
|
—
|
—
|
|
Capital Goods
|
7,302,825
|
7,302,825
|
—
|
—
|
|
Commercial & Professional Services
|
2,383,777
|
2,383,777
|
—
|
—
|
|
Consumer Discretionary Distribution & Retail
|
7,517,475
|
7,517,475
|
—
|
—
|
|
Consumer Durables & Apparel
|
675,609
|
675,609
|
—
|
—
|
|
Consumer Services
|
4,009,452
|
4,009,452
|
—
|
—
|
|
Consumer Staples Distribution & Retail
|
2,358,855
|
2,358,855
|
—
|
—
|
|
Energy
|
5,498,058
|
5,498,058
|
—
|
—
|
|
Equity Real Estate Investment Trusts (REITs)
|
5,059,536
|
5,059,536
|
—
|
—
|
|
Financial Services
|
9,306,932
|
9,306,932
|
—
|
—
|
|
Food, Beverage & Tobacco
|
4,774,905
|
4,774,905
|
—
|
—
|
|
Health Care Equipment & Services
|
4,010,111
|
4,010,111
|
—
|
—
|
|
Household & Personal Products
|
1,959,481
|
1,959,481
|
—
|
—
|
|
Insurance
|
3,233,253
|
3,233,253
|
—
|
—
|
|
Materials
|
2,807,110
|
2,807,110
|
—
|
—
|
|
Media & Entertainment
|
11,075,323
|
11,075,323
|
—
|
—
|
|
Pharmaceuticals, Biotechnology & Life Sciences
|
8,526,560
|
8,526,560
|
—
|
—
|
|
Semiconductors & Semiconductor Equipment
|
13,918,751
|
13,918,751
|
—
|
—
|
|
Software & Services
|
16,672,289
|
16,672,289
|
—
|
—
|
|
Technology Hardware & Equipment
|
10,670,926
|
10,670,926
|
—
|
—
|
|
Telecommunication Services
|
2,636,886
|
2,636,886
|
—
|
—
|
|
Transportation
|
1,657,071
|
1,657,071
|
—
|
—
|
|
Utilities
|
1,638,734
|
1,638,734
|
—
|
—
|
|
Total
|
$132,548,549
|
$132,548,549
|
$—
|
$—
|
|
Liabilities
|
|
|
|
|
|
Futures Contracts(2)
|
$(6,725
)
|
$(6,725
)
|
$—
|
$—
|
|
Total
|
$(6,725
)
|
$(6,725
)
|
$—
|
$—
|
|
(1)
|
For the period ended December 31, 2024, there were no transfers in and out of Level
3.
|
|
(2)
|
Derivative instruments (excluding purchased and written options, if applicable) are
valued at the unrealized appreciation/(depreciation) on the investments.
|
|
|
4
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.9%
|
|||
|
|
Automobiles & Components - 1.0%
|
||
|
947
|
Ford Motor Co.
|
$9,375
|
|
|
1,656
|
General Motors Co.
|
88,215
|
|
|
93
|
Thor Industries, Inc.
|
8,901
|
|
|
297
|
Winnebago Industries, Inc.
|
14,191
|
|
|
|
|
|
120,682
|
|
|
Banks - 4.1%
|
||
|
1,088
|
Bank of America Corp.
|
47,817
|
|
|
830
|
Citigroup, Inc.
|
58,424
|
|
|
92
|
Citizens Financial Group, Inc.
|
4,026
|
|
|
1,010
|
Fifth Third Bancorp
|
42,703
|
|
|
10
|
First Citizens BancShares, Inc. Class A
|
21,130
|
|
|
2,054
|
Huntington Bancshares, Inc.
|
33,418
|
|
|
190
|
JP Morgan Chase & Co.
|
45,545
|
|
|
261
|
M&T Bank Corp.
|
49,071
|
|
|
180
|
OFG Bancorp
|
7,618
|
|
|
49
|
Pathward Financial, Inc.
|
3,605
|
|
|
254
|
PNC Financial Services Group, Inc.
|
48,984
|
|
|
80
|
Popular, Inc.
|
7,525
|
|
|
36
|
Preferred Bank
|
3,110
|
|
|
1,469
|
Regions Financial Corp.
|
34,551
|
|
|
368
|
Truist Financial Corp.
|
15,964
|
|
|
727
|
U.S. Bancorp
|
34,772
|
|
|
703
|
Wells Fargo & Co.
|
49,379
|
|
|
|
|
|
507,642
|
|
|
Capital Goods - 2.6%
|
||
|
18
|
3M Co.
|
2,324
|
|
|
120
|
Curtiss-Wright Corp.
|
42,584
|
|
|
155
|
General Dynamics Corp.
|
40,841
|
|
|
131
|
HEICO Corp.
|
31,144
|
|
|
130
|
Honeywell International, Inc.
|
29,366
|
|
|
58
|
L3Harris Technologies, Inc.
|
12,196
|
|
|
129
|
Lockheed Martin Corp.
|
62,686
|
|
|
64
|
Moog, Inc. Class A
|
12,598
|
|
|
45
|
Northrop Grumman Corp.
|
21,118
|
|
|
351
|
RTX Corp.
|
40,618
|
|
|
21
|
TransDigm Group, Inc.
|
26,613
|
|
|
|
|
|
322,088
|
|
|
Commercial & Professional Services - 0.0%
|
||
|
46
|
Brink's Co.
|
4,267
|
|
|
|
Consumer Discretionary Distribution & Retail - 8.0%
|
||
|
644
|
Amazon.com, Inc.*
|
141,287
|
|
|
142
|
Best Buy Co., Inc.
|
12,184
|
|
|
317
|
Buckle, Inc.
|
16,107
|
|
|
223
|
Dillard's, Inc. Class A(1)
|
96,278
|
|
|
2,093
|
eBay, Inc.
|
129,661
|
|
|
215
|
Etsy, Inc.*
|
11,371
|
|
|
211
|
Home Depot, Inc.
|
82,077
|
|
|
1,021
|
Kohl's Corp.(1)
|
14,335
|
|
|
350
|
Lowe's Cos., Inc.
|
86,380
|
|
|
4,440
|
Macy's, Inc.
|
75,169
|
|
|
4,284
|
Nordstrom, Inc.
|
103,459
|
|
|
572
|
Ollie's Bargain Outlet Holdings, Inc.*
|
62,766
|
|
|
149
|
Ross Stores, Inc.
|
22,539
|
|
|
684
|
TJX Cos., Inc.
|
82,634
|
|
|
450
|
Tractor Supply Co.
|
23,877
|
|
|
643
|
Upbound Group, Inc.
|
18,756
|
|
|
113
|
Williams-Sonoma, Inc.
|
20,925
|
|
|
|
|
|
999,805
|
|
|
Consumer Durables & Apparel - 1.6%
|
||
|
158
|
Acushnet Holdings Corp.
|
11,231
|
|
|
28
|
Columbia Sportswear Co.
|
2,350
|
|
|
76
|
DR Horton, Inc.
|
10,626
|
|
|
169
|
Garmin Ltd.
|
34,858
|
|
|
373
|
Kontoor Brands, Inc.
|
31,858
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.9% - (continued)
|
|||
|
|
Consumer Durables & Apparel - 1.6% - (continued)
|
||
|
318
|
La-Z-Boy, Inc.
|
$13,855
|
|
|
994
|
Newell Brands, Inc.
|
9,900
|
|
|
4
|
NVR, Inc.*
|
32,716
|
|
|
224
|
PulteGroup, Inc.
|
24,394
|
|
|
175
|
Revelyst, Inc.*
|
3,365
|
|
|
372
|
Steven Madden Ltd.
|
15,818
|
|
|
23
|
Whirlpool Corp.
|
2,633
|
|
|
138
|
Worthington Enterprises, Inc.
|
5,535
|
|
|
|
|
|
199,139
|
|
|
Consumer Services - 2.7%
|
||
|
60
|
Airbnb, Inc. Class A*
|
7,885
|
|
|
19
|
Booking Holdings, Inc.
|
94,400
|
|
|
159
|
Frontdoor, Inc.*
|
8,693
|
|
|
123
|
Grand Canyon Education, Inc.*
|
20,147
|
|
|
432
|
H&R Block, Inc.
|
22,827
|
|
|
110
|
Hilton Worldwide Holdings, Inc.
|
27,188
|
|
|
14
|
McDonald's Corp.
|
4,058
|
|
|
428
|
Monarch Casino & Resort, Inc.
|
33,769
|
|
|
275
|
Perdoceo Education Corp.
|
7,279
|
|
|
135
|
Royal Caribbean Cruises Ltd.
|
31,143
|
|
|
301
|
Six Flags Entertainment Corp.
|
14,505
|
|
|
273
|
Stride, Inc.*
|
28,373
|
|
|
45
|
Travel & Leisure Co.
|
2,270
|
|
|
262
|
Yum! Brands, Inc.
|
35,150
|
|
|
|
|
|
337,687
|
|
|
Consumer Staples Distribution & Retail - 4.1%
|
||
|
2,796
|
Albertsons Cos., Inc. Class A
|
54,914
|
|
|
291
|
BJ's Wholesale Club Holdings, Inc.*
|
26,001
|
|
|
14
|
Casey's General Stores, Inc.
|
5,547
|
|
|
71
|
Costco Wholesale Corp.
|
65,055
|
|
|
289
|
Ingles Markets, Inc. Class A
|
18,623
|
|
|
1,182
|
Kroger Co.
|
72,279
|
|
|
255
|
PriceSmart, Inc.
|
23,503
|
|
|
134
|
Sprouts Farmers Market, Inc.*
|
17,028
|
|
|
465
|
Sysco Corp.
|
35,554
|
|
|
311
|
Target Corp.
|
42,041
|
|
|
852
|
Walgreens Boots Alliance, Inc.
|
7,949
|
|
|
1,237
|
Walmart, Inc.
|
111,763
|
|
|
393
|
Weis Markets, Inc.
|
26,614
|
|
|
|
|
|
506,871
|
|
|
Equity Real Estate Investment Trusts (REITs) - 1.9%
|
||
|
103
|
AvalonBay Communities, Inc. REIT
|
22,657
|
|
|
115
|
CareTrust, Inc. REIT
|
3,111
|
|
|
220
|
Equity Residential REIT
|
15,787
|
|
|
403
|
Iron Mountain, Inc. REIT
|
42,359
|
|
|
199
|
Lamar Advertising Co. Class A, REIT
|
24,226
|
|
|
87
|
LTC Properties, Inc. REIT
|
3,006
|
|
|
226
|
National Health Investors, Inc. REIT
|
15,662
|
|
|
178
|
Realty Income Corp. REIT
|
9,507
|
|
|
128
|
Simon Property Group, Inc. REIT
|
22,043
|
|
|
1,554
|
Sunstone Hotel Investors, Inc. REIT
|
18,399
|
|
|
57
|
Urban Edge Properties REIT
|
1,226
|
|
|
171
|
Ventas, Inc. REIT
|
10,070
|
|
|
604
|
VICI Properties, Inc. REIT
|
17,643
|
|
|
295
|
Welltower, Inc. REIT
|
37,179
|
|
|
|
|
|
242,875
|
|
|
Financial Services - 5.6%
|
||
|
7
|
Affiliated Managers Group, Inc.
|
1,294
|
|
|
122
|
American Express Co.
|
36,208
|
|
|
34
|
Ameriprise Financial, Inc.
|
18,103
|
|
|
32
|
Apollo Global Management, Inc.
|
5,285
|
|
|
856
|
Bank of New York Mellon Corp.
|
65,767
|
|
|
120
|
Berkshire Hathaway, Inc. Class B*
|
54,394
|
|
|
22
|
Blackrock, Inc.
|
22,552
|
|
|
132
|
Capital One Financial Corp.
|
23,538
|
|
|
|
5
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.9% - (continued)
|
|||
|
|
Financial Services - 5.6% - (continued)
|
||
|
176
|
Donnelley Financial Solutions, Inc.*
|
$11,040
|
|
|
336
|
Equitable Holdings, Inc.
|
15,849
|
|
|
25
|
Evercore, Inc. Class A
|
6,930
|
|
|
154
|
Federated Hermes, Inc.
|
6,331
|
|
|
116
|
Goldman Sachs Group, Inc.
|
66,424
|
|
|
29
|
Houlihan Lokey, Inc.
|
5,036
|
|
|
93
|
Intercontinental Exchange, Inc.
|
13,858
|
|
|
158
|
Jackson Financial, Inc. Class A
|
13,759
|
|
|
677
|
Janus Henderson Group PLC
|
28,793
|
|
|
213
|
Jefferies Financial Group, Inc.
|
16,699
|
|
|
107
|
Moody's Corp.
|
50,651
|
|
|
422
|
Morgan Stanley
|
53,054
|
|
|
12
|
Morningstar, Inc.
|
4,041
|
|
|
5
|
Piper Sandler Cos.
|
1,500
|
|
|
79
|
PJT Partners, Inc. Class A
|
12,467
|
|
|
570
|
PROG Holdings, Inc.
|
24,088
|
|
|
105
|
Raymond James Financial, Inc.
|
16,310
|
|
|
36
|
S&P Global, Inc.
|
17,929
|
|
|
427
|
State Street Corp.
|
41,910
|
|
|
140
|
Stifel Financial Corp.
|
14,851
|
|
|
36
|
StoneX Group, Inc.*
|
3,527
|
|
|
501
|
Synchrony Financial
|
32,565
|
|
|
142
|
T Rowe Price Group, Inc.
|
16,059
|
|
|
79
|
Victory Capital Holdings, Inc. Class A
|
5,171
|
|
|
|
|
|
705,983
|
|
|
Food, Beverage & Tobacco - 1.8%
|
||
|
515
|
Cal-Maine Foods, Inc.
|
53,004
|
|
|
832
|
Coca-Cola Co.
|
51,800
|
|
|
9
|
Coca-Cola Consolidated, Inc.
|
11,340
|
|
|
814
|
Flowers Foods, Inc.
|
16,817
|
|
|
160
|
General Mills, Inc.
|
10,203
|
|
|
123
|
Hershey Co.
|
20,830
|
|
|
75
|
Mondelez International, Inc. Class A
|
4,480
|
|
|
257
|
PepsiCo, Inc.
|
39,079
|
|
|
637
|
WK Kellogg Co.
|
11,460
|
|
|
|
|
|
219,013
|
|
|
Health Care Equipment & Services - 7.8%
|
||
|
372
|
Abbott Laboratories
|
42,077
|
|
|
167
|
Addus HomeCare Corp.*
|
20,934
|
|
|
619
|
Amedisys, Inc.*
|
56,199
|
|
|
76
|
Becton Dickinson & Co.
|
17,242
|
|
|
772
|
Boston Scientific Corp.*
|
68,955
|
|
|
64
|
Cardinal Health, Inc.
|
7,569
|
|
|
125
|
Cencora, Inc.
|
28,085
|
|
|
436
|
Centene Corp.*
|
26,413
|
|
|
39
|
Chemed Corp.
|
20,662
|
|
|
139
|
Cigna Group
|
38,384
|
|
|
180
|
CorVel Corp.*
|
20,027
|
|
|
28
|
CVS Health Corp.
|
1,257
|
|
|
183
|
Doximity, Inc. Class A*
|
9,770
|
|
|
169
|
Elevance Health, Inc.
|
62,344
|
|
|
272
|
Encompass Health Corp.
|
25,119
|
|
|
144
|
HCA Healthcare, Inc.
|
43,222
|
|
|
613
|
Hims & Hers Health, Inc.*
|
14,822
|
|
|
190
|
Hologic, Inc.*
|
13,697
|
|
|
115
|
Humana, Inc.
|
29,177
|
|
|
26
|
IDEXX Laboratories, Inc.*
|
10,749
|
|
|
84
|
Intuitive Surgical, Inc.*
|
43,845
|
|
|
83
|
Lantheus Holdings, Inc.*
|
7,425
|
|
|
65
|
LeMaitre Vascular, Inc.
|
5,989
|
|
|
145
|
McKesson Corp.
|
82,637
|
|
|
418
|
Medtronic PLC
|
33,390
|
|
|
195
|
Merit Medical Systems, Inc.*
|
18,860
|
|
|
905
|
Patterson Cos., Inc.
|
27,928
|
|
|
371
|
Premier, Inc. Class A
|
7,865
|
|
|
127
|
Quest Diagnostics, Inc.
|
19,159
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.9% - (continued)
|
|||
|
|
Health Care Equipment & Services - 7.8% - (continued)
|
||
|
119
|
ResMed, Inc.
|
$27,214
|
|
|
26
|
STERIS PLC
|
5,345
|
|
|
138
|
Stryker Corp.
|
49,687
|
|
|
124
|
UnitedHealth Group, Inc.
|
62,727
|
|
|
54
|
Veeva Systems, Inc. Class A*
|
11,354
|
|
|
132
|
Zimmer Biomet Holdings, Inc.
|
13,943
|
|
|
|
|
|
974,072
|
|
|
Household & Personal Products - 1.7%
|
||
|
47
|
BellRing Brands, Inc.*
|
3,541
|
|
|
155
|
Church & Dwight Co., Inc.
|
16,230
|
|
|
947
|
Colgate-Palmolive Co.
|
86,092
|
|
|
198
|
Edgewell Personal Care Co.
|
6,653
|
|
|
981
|
Kenvue, Inc.
|
20,944
|
|
|
288
|
Kimberly-Clark Corp.
|
37,739
|
|
|
246
|
Procter & Gamble Co.
|
41,242
|
|
|
|
|
|
212,441
|
|
|
Insurance - 1.6%
|
||
|
168
|
Aflac, Inc.
|
17,378
|
|
|
14
|
Allstate Corp.
|
2,699
|
|
|
101
|
American International Group, Inc.
|
7,353
|
|
|
71
|
Arch Capital Group Ltd.
|
6,557
|
|
|
84
|
Axis Capital Holdings Ltd.
|
7,444
|
|
|
109
|
Chubb Ltd.
|
30,117
|
|
|
181
|
Cincinnati Financial Corp.
|
26,010
|
|
|
3
|
Markel Group, Inc.*
|
5,178
|
|
|
127
|
MetLife, Inc.
|
10,399
|
|
|
482
|
Old Republic International Corp.
|
17,443
|
|
|
97
|
Progressive Corp.
|
23,242
|
|
|
277
|
Prudential Financial, Inc.
|
32,833
|
|
|
166
|
Unum Group
|
12,123
|
|
|
|
|
|
198,776
|
|
|
Media & Entertainment - 10.9%
|
||
|
757
|
Alphabet, Inc. Class A
|
143,300
|
|
|
4,268
|
Cargurus, Inc.*
|
155,953
|
|
|
6,529
|
Cars.com, Inc.*
|
113,148
|
|
|
26
|
Charter Communications, Inc. Class A*
|
8,912
|
|
|
114
|
Cinemark Holdings, Inc.*
|
3,532
|
|
|
1,572
|
Comcast Corp. Class A
|
58,997
|
|
|
370
|
Electronic Arts, Inc.
|
54,131
|
|
|
1,425
|
Endeavor Group Holdings, Inc. Class A(1)
|
44,588
|
|
|
368
|
Fox Corp. Class A
|
17,877
|
|
|
981
|
IAC, Inc.*
|
42,320
|
|
|
389
|
John Wiley & Sons, Inc. Class A
|
17,003
|
|
|
32
|
Live Nation Entertainment, Inc.*
|
4,144
|
|
|
468
|
Madison Square Garden Entertainment Corp.*
|
16,661
|
|
|
143
|
Madison Square Garden Sports Corp.*
|
32,272
|
|
|
2,428
|
Match Group, Inc.*
|
79,420
|
|
|
236
|
Meta Platforms, Inc. Class A
|
138,180
|
|
|
93
|
Netflix, Inc.*
|
82,893
|
|
|
532
|
New York Times Co. Class A
|
27,691
|
|
|
2,162
|
Pinterest, Inc. Class A*
|
62,698
|
|
|
5,081
|
Snap, Inc. Class A*
|
54,722
|
|
|
5,097
|
TripAdvisor, Inc.*
|
75,283
|
|
|
47
|
Walt Disney Co.
|
5,234
|
|
|
3,059
|
Yelp, Inc.*
|
118,383
|
|
|
|
|
|
1,357,342
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 8.5%
|
||
|
253
|
AbbVie, Inc.
|
44,958
|
|
|
342
|
Agilent Technologies, Inc.
|
45,944
|
|
|
132
|
Amgen, Inc.
|
34,404
|
|
|
20
|
ANI Pharmaceuticals, Inc.*
|
1,106
|
|
|
788
|
Bristol-Myers Squibb Co.
|
44,569
|
|
|
338
|
Catalyst Pharmaceuticals, Inc.*
|
7,054
|
|
|
1,056
|
Collegium Pharmaceutical, Inc.*
|
30,254
|
|
|
1,149
|
Corcept Therapeutics, Inc.*
|
57,898
|
|
|
|
6
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.9% - (continued)
|
|||
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 8.5% - (continued)
|
||
|
83
|
Danaher Corp.
|
$19,053
|
|
|
85
|
Eli Lilly & Co.
|
65,620
|
|
|
932
|
Exelixis, Inc.*
|
31,036
|
|
|
757
|
Gilead Sciences, Inc.
|
69,924
|
|
|
390
|
Incyte Corp.*
|
26,937
|
|
|
309
|
Intra-Cellular Therapies, Inc.*
|
25,808
|
|
|
614
|
Johnson & Johnson
|
88,797
|
|
|
595
|
Merck & Co., Inc.
|
59,191
|
|
|
56
|
Mettler-Toledo International, Inc.*
|
68,526
|
|
|
2,114
|
Organon & Co.
|
31,541
|
|
|
956
|
Pfizer, Inc.
|
25,363
|
|
|
62
|
Prestige Consumer Healthcare, Inc.*
|
4,842
|
|
|
71
|
Regeneron Pharmaceuticals, Inc.*
|
50,575
|
|
|
80
|
Thermo Fisher Scientific, Inc.
|
41,618
|
|
|
98
|
United Therapeutics Corp.*
|
34,578
|
|
|
182
|
Vertex Pharmaceuticals, Inc.*
|
73,291
|
|
|
829
|
Viatris, Inc.
|
10,321
|
|
|
68
|
Waters Corp.*
|
25,227
|
|
|
303
|
Zoetis, Inc.
|
49,368
|
|
|
|
|
|
1,067,803
|
|
|
Real Estate Management & Development - 0.0%
|
||
|
38
|
CBRE Group, Inc. Class A*
|
4,989
|
|
|
|
Semiconductors & Semiconductor Equipment - 11.0%
|
||
|
152
|
Advanced Micro Devices, Inc.*
|
18,360
|
|
|
366
|
Analog Devices, Inc.
|
77,760
|
|
|
396
|
Broadcom, Inc.
|
91,809
|
|
|
732
|
Cirrus Logic, Inc.*
|
72,892
|
|
|
580
|
Credo Technology Group Holding Ltd.*
|
38,982
|
|
|
754
|
Diodes, Inc.*
|
46,499
|
|
|
103
|
First Solar, Inc.*
|
18,153
|
|
|
392
|
Impinj, Inc.*
|
56,942
|
|
|
1,177
|
Intel Corp.
|
23,599
|
|
|
349
|
MACOM Technology Solutions Holdings, Inc.*
|
45,339
|
|
|
57
|
Marvell Technology, Inc.
|
6,296
|
|
|
1,168
|
Microchip Technology, Inc.
|
66,985
|
|
|
495
|
Micron Technology, Inc.
|
41,659
|
|
|
107
|
Monolithic Power Systems, Inc.
|
63,312
|
|
|
1,032
|
NVIDIA Corp.
|
138,587
|
|
|
474
|
NXP Semiconductors NV
|
98,521
|
|
|
655
|
ON Semiconductor Corp.*
|
41,298
|
|
|
332
|
Penguin Solutions, Inc.*
|
6,371
|
|
|
446
|
Power Integrations, Inc.
|
27,518
|
|
|
316
|
Qorvo, Inc.*
|
22,098
|
|
|
705
|
QUALCOMM, Inc.
|
108,302
|
|
|
713
|
Semtech Corp.*
|
44,099
|
|
|
546
|
Skyworks Solutions, Inc.
|
48,419
|
|
|
577
|
Texas Instruments, Inc.
|
108,193
|
|
|
407
|
Universal Display Corp.
|
59,503
|
|
|
|
|
|
1,371,496
|
|
|
Software & Services - 13.3%
|
||
|
470
|
ACI Worldwide, Inc.*
|
24,398
|
|
|
1,898
|
Adeia, Inc.
|
26,534
|
|
|
33
|
Adobe, Inc.*
|
14,674
|
|
|
135
|
Agilysys, Inc.*
|
17,781
|
|
|
499
|
Alkami Technology, Inc.*
|
18,303
|
|
|
59
|
ANSYS, Inc.*
|
19,902
|
|
|
549
|
Appian Corp. Class A*
|
18,106
|
|
|
84
|
AppLovin Corp. Class A*
|
27,202
|
|
|
118
|
Autodesk, Inc.*
|
34,877
|
|
|
3,340
|
AvePoint, Inc.*
|
55,143
|
|
|
663
|
Box, Inc. Class A*
|
20,951
|
|
|
122
|
Cadence Design Systems, Inc.*
|
36,656
|
|
|
671
|
Commvault Systems, Inc.*
|
101,261
|
|
|
131
|
Crowdstrike Holdings, Inc. Class A*
|
44,823
|
|
|
115
|
DocuSign, Inc.*
|
10,343
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.9% - (continued)
|
|||
|
|
Software & Services - 13.3% - (continued)
|
||
|
1,172
|
Dolby Laboratories, Inc. Class A
|
$91,533
|
|
|
45
|
Fair Isaac Corp.*
|
89,592
|
|
|
981
|
Fortinet, Inc.*
|
92,685
|
|
|
1,773
|
Gen Digital, Inc.
|
48,545
|
|
|
188
|
GoDaddy, Inc. Class A*
|
37,106
|
|
|
62
|
Intuit, Inc.
|
38,967
|
|
|
15
|
Manhattan Associates, Inc.*
|
4,054
|
|
|
249
|
Microsoft Corp.
|
104,953
|
|
|
710
|
Oracle Corp.
|
118,314
|
|
|
343
|
Palo Alto Networks, Inc.*
|
62,412
|
|
|
1,279
|
Progress Software Corp.
|
83,327
|
|
|
175
|
PTC, Inc.*
|
32,177
|
|
|
330
|
Qualys, Inc.*
|
46,273
|
|
|
19
|
Roper Technologies, Inc.
|
9,877
|
|
|
109
|
ServiceNow, Inc.*
|
115,553
|
|
|
55
|
Synopsys, Inc.*
|
26,695
|
|
|
725
|
Tenable Holdings, Inc.*
|
28,551
|
|
|
692
|
Teradata Corp.*
|
21,556
|
|
|
45
|
Tyler Technologies, Inc.*
|
25,949
|
|
|
965
|
Varonis Systems, Inc.*
|
42,875
|
|
|
46
|
VeriSign, Inc.*
|
9,520
|
|
|
1,317
|
Zeta Global Holdings Corp. Class A*
|
23,693
|
|
|
30
|
Zscaler, Inc.*
|
5,412
|
|
|
2,990
|
Zuora, Inc. Class A*
|
29,661
|
|
|
|
|
|
1,660,234
|
|
|
Technology Hardware & Equipment - 7.7%
|
||
|
459
|
Apple, Inc.
|
114,943
|
|
|
262
|
Avnet, Inc.
|
13,708
|
|
|
904
|
Dell Technologies, Inc. Class C
|
104,177
|
|
|
5,408
|
Hewlett Packard Enterprise Co.
|
115,461
|
|
|
2,895
|
HP, Inc.
|
94,464
|
|
|
862
|
NetApp, Inc.
|
100,061
|
|
|
2,027
|
Pure Storage, Inc. Class A*
|
124,518
|
|
|
1,052
|
Seagate Technology Holdings PLC
|
90,798
|
|
|
1,399
|
Super Micro Computer, Inc.*
|
42,641
|
|
|
244
|
TE Connectivity PLC
|
34,885
|
|
|
1,509
|
Western Digital Corp.*
|
89,981
|
|
|
4,969
|
Xerox Holdings Corp.
|
41,889
|
|
|
|
|
|
967,526
|
|
|
Telecommunication Services - 1.5%
|
||
|
2,895
|
AT&T, Inc.
|
65,919
|
|
|
377
|
T-Mobile U.S., Inc.
|
83,215
|
|
|
1,061
|
Verizon Communications, Inc.
|
42,430
|
|
|
|
|
|
191,564
|
|
|
Transportation - 0.3%
|
||
|
619
|
Uber Technologies, Inc.*
|
37,338
|
|
|
|
Utilities - 2.2%
|
||
|
87
|
Ameren Corp.
|
7,755
|
|
|
180
|
American Electric Power Co., Inc.
|
16,601
|
|
|
129
|
Consolidated Edison, Inc.
|
11,511
|
|
|
86
|
DTE Energy Co.
|
10,385
|
|
|
362
|
Duke Energy Corp.
|
39,002
|
|
|
155
|
Edison International
|
12,375
|
|
|
488
|
Entergy Corp.
|
37,000
|
|
|
455
|
FirstEnergy Corp.
|
18,100
|
|
|
52
|
NRG Energy, Inc.
|
4,691
|
|
|
814
|
PPL Corp.
|
26,422
|
|
|
379
|
Public Service Enterprise Group, Inc.
|
32,022
|
|
|
112
|
Sempra
|
9,825
|
|
|
479
|
Southern Co.
|
39,431
|
|
|
50
|
WEC Energy Group, Inc.
|
4,702
|
|
|
|
|
|
269,822
|
|
|
Total Common Stocks
(cost $10,796,331)
|
|
$12,479,455
|
|
|
7
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
SHORT-TERM INVESTMENTS - 1.2%
|
|||
|
|
Securities Lending Collateral - 1.2%
|
||
|
23,737
|
Goldman Sachs Financial Square Funds, Government
Fund, Institutional Class, 4.39%(2)
|
$23,737
|
|
|
79,121
|
HSBC U.S. Government Money Market Fund,
Institutional Class, 4.41%(2)
|
79,121
|
|
|
23,736
|
Invesco Government & Agency Portfolio, Institutional
Class, 4.42%(2)
|
23,736
|
|
|
23,736
|
Morgan Stanley Institutional Liquidity Funds,
Government Portfolio, Institutional Class, 4.42%(2)
|
23,736
|
|
|
|
Total Short-Term Investments
(cost $150,330)
|
$150,330
|
|
|
|
Total Investments
(cost $10,946,661)
|
101.1
%
|
$12,629,785
|
|
|
Other Assets and Liabilities
|
(1.1
)%
|
(131,915
)
|
|
|
Net Assets
|
100.0
%
|
$12,497,870
|
|
*
|
Non-income producing.
|
|
(1)
|
Represents entire or partial securities on loan.
|
|
(2)
|
Current yield as of period end.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent shareholder report.
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Automobiles & Components
|
$120,682
|
$120,682
|
$—
|
$—
|
|
Banks
|
507,642
|
507,642
|
—
|
—
|
|
Capital Goods
|
322,088
|
322,088
|
—
|
—
|
|
Commercial & Professional Services
|
4,267
|
4,267
|
—
|
—
|
|
Consumer Discretionary Distribution & Retail
|
999,805
|
999,805
|
—
|
—
|
|
Consumer Durables & Apparel
|
199,139
|
199,139
|
—
|
—
|
|
Consumer Services
|
337,687
|
337,687
|
—
|
—
|
|
Consumer Staples Distribution & Retail
|
506,871
|
506,871
|
—
|
—
|
|
Equity Real Estate Investment Trusts (REITs)
|
242,875
|
242,875
|
—
|
—
|
|
Financial Services
|
705,983
|
705,983
|
—
|
—
|
|
Food, Beverage & Tobacco
|
219,013
|
219,013
|
—
|
—
|
|
Health Care Equipment & Services
|
974,072
|
974,072
|
—
|
—
|
|
Household & Personal Products
|
212,441
|
212,441
|
—
|
—
|
|
Insurance
|
198,776
|
198,776
|
—
|
—
|
|
Media & Entertainment
|
1,357,342
|
1,357,342
|
—
|
—
|
|
Pharmaceuticals, Biotechnology & Life Sciences
|
1,067,803
|
1,067,803
|
—
|
—
|
|
Real Estate Management & Development
|
4,989
|
4,989
|
—
|
—
|
|
Semiconductors & Semiconductor Equipment
|
1,371,496
|
1,371,496
|
—
|
—
|
|
Software & Services
|
1,660,234
|
1,660,234
|
—
|
—
|
|
Technology Hardware & Equipment
|
967,526
|
967,526
|
—
|
—
|
|
Telecommunication Services
|
191,564
|
191,564
|
—
|
—
|
|
Transportation
|
37,338
|
37,338
|
—
|
—
|
|
Utilities
|
269,822
|
269,822
|
—
|
—
|
|
Short-Term Investments
|
150,330
|
150,330
|
—
|
—
|
|
Total
|
$12,629,785
|
$12,629,785
|
$—
|
$—
|
|
(1)
|
For the period ended December 31, 2024, there were no transfers in and out of Level
3.
|
|
|
8
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8%
|
|||
|
|
Australia - 9.7%
|
||
|
423,443
|
AGL Energy Ltd.
|
$2,959,954
|
|
|
132,007
|
Ampol Ltd.
|
2,304,030
|
|
|
366,236
|
ANZ Group Holdings Ltd.
|
6,471,590
|
|
|
1,368,954
|
Aurizon Holdings Ltd.
|
2,754,661
|
|
|
266,404
|
Bendigo & Adelaide Bank Ltd.
|
2,160,768
|
|
|
158,632
|
BHP Group Ltd.
|
3,884,484
|
|
|
356,717
|
BlueScope Steel Ltd.
|
4,127,900
|
|
|
547,599
|
Brambles Ltd.
|
6,523,246
|
|
|
17,045
|
Cochlear Ltd.
|
3,059,224
|
|
|
496,842
|
Coles Group Ltd.
|
5,810,938
|
|
|
262,392
|
Computershare Ltd.
|
5,515,519
|
|
|
66,022
|
EBOS Group Ltd.
|
1,370,436
|
|
|
800,153
|
Endeavour Group Ltd.
|
2,080,742
|
|
|
465,155
|
Insurance Australia Group Ltd.
|
2,436,487
|
|
|
73,368
|
JB Hi-Fi Ltd.
|
4,210,064
|
|
|
1,255,198
|
Medibank Pvt Ltd.
|
2,945,422
|
|
|
216,369
|
Orica Ltd.
|
2,221,138
|
|
|
435,498
|
Origin Energy Ltd.
|
2,939,061
|
|
|
27,449
|
Pro Medicus Ltd.
|
4,250,803
|
|
|
438,060
|
QBE Insurance Group Ltd.
|
5,207,519
|
|
|
66,458
|
Rio Tinto PLC
|
3,931,047
|
|
|
201,930
|
Santos Ltd.
|
835,167
|
|
|
295,717
|
Sonic Healthcare Ltd.
|
4,945,348
|
|
|
417,075
|
Stockland REIT
|
1,239,514
|
|
|
20,198
|
Suncorp Group Ltd.
|
237,731
|
|
|
2,537,444
|
Telstra Group Ltd.
|
6,299,946
|
|
|
81,114
|
Wesfarmers Ltd.
|
3,592,362
|
|
|
1,271,584
|
Whitehaven Coal Ltd.
|
4,881,269
|
|
|
129,907
|
Woolworths Group Ltd.
|
2,452,370
|
|
|
|
|
|
101,648,740
|
|
|
Austria - 0.3%
|
||
|
18,948
|
ANDRITZ AG
|
961,020
|
|
|
63,010
|
Mondi PLC
|
940,652
|
|
|
63,041
|
Raiffeisen Bank International AG
|
1,289,259
|
|
|
|
|
|
3,190,931
|
|
|
Belgium - 1.1%
|
||
|
4,681
|
Ackermans & van Haaren NV
|
923,387
|
|
|
40,292
|
Ageas SA
|
1,956,779
|
|
|
43,767
|
UCB SA
|
8,710,644
|
|
|
|
|
|
11,590,810
|
|
|
Canada - 15.2%
|
||
|
32,604
|
Alimentation Couche-Tard, Inc.
|
1,807,253
|
|
|
153,835
|
AltaGas Ltd.
|
3,581,140
|
|
|
71,363
|
Bank of Montreal
|
6,924,424
|
|
|
39,662
|
Bank of Nova Scotia
|
2,128,709
|
|
|
71,253
|
Barrick Gold Corp.
|
1,104,422
|
|
|
42,431
|
Canadian Imperial Bank of Commerce
|
2,682,694
|
|
|
1,612
|
Canadian National Railway Co.
|
163,610
|
|
|
49,589
|
CCL Industries, Inc. Class B
|
2,549,789
|
|
|
71,142
|
Celestica, Inc.*
|
6,566,407
|
|
|
46,584
|
CGI, Inc.
|
5,094,376
|
|
|
725
|
Constellation Software, Inc.
|
2,240,690
|
|
|
30,798
|
Descartes Systems Group, Inc.*
|
3,498,653
|
|
|
85,990
|
Dollarama, Inc.
|
8,387,343
|
|
|
89,647
|
Element Fleet Management Corp.
|
1,811,390
|
|
|
47,955
|
Emera, Inc.
|
1,791,560
|
|
|
8,826
|
Fairfax Financial Holdings Ltd.
|
12,273,675
|
|
|
96,564
|
Fortis, Inc.
|
4,010,407
|
|
|
24,689
|
George Weston Ltd.
|
3,837,421
|
|
|
98,743
|
Gildan Activewear, Inc.
|
4,644,670
|
|
|
187,814
|
Great-West Lifeco, Inc.
|
6,225,207
|
|
|
142,439
|
Hydro One Ltd.(1)
|
4,384,491
|
|
|
45,197
|
iA Financial Corp., Inc.
|
4,189,726
|
|
|
81,259
|
Imperial Oil Ltd.
|
5,005,378
|
|
|
19,720
|
Intact Financial Corp.
|
3,588,733
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8% - (continued)
|
|||
|
|
Canada - 15.2% - (continued)
|
||
|
29,386
|
Kinross Gold Corp.
|
$272,408
|
|
|
69,285
|
Loblaw Cos. Ltd.
|
9,113,227
|
|
|
246,280
|
Manulife Financial Corp.
|
7,562,039
|
|
|
79,548
|
Metro, Inc.
|
4,986,269
|
|
|
23,845
|
National Bank of Canada
|
2,172,611
|
|
|
37,405
|
Nutrien Ltd.
|
1,672,848
|
|
|
43,205
|
Open Text Corp.
|
1,222,069
|
|
|
125,137
|
Power Corp. of Canada(2)
|
3,901,504
|
|
|
23,207
|
RB Global, Inc.
|
2,093,503
|
|
|
18,180
|
Restaurant Brands International, Inc.
|
1,184,317
|
|
|
73,204
|
Royal Bank of Canada
|
8,821,942
|
|
|
82,179
|
Saputo, Inc.
|
1,427,933
|
|
|
51,669
|
Stantec, Inc.
|
4,051,752
|
|
|
59,284
|
Sun Life Financial, Inc.
|
3,518,210
|
|
|
99,044
|
Suncor Energy, Inc.
|
3,533,547
|
|
|
19,527
|
Thomson Reuters Corp.
|
3,133,933
|
|
|
39,990
|
TMX Group Ltd.
|
1,231,232
|
|
|
23,428
|
Toromont Industries Ltd.
|
1,851,174
|
|
|
|
|
|
160,242,686
|
|
|
China - 1.5%
|
||
|
1,946,500
|
BOC Hong Kong Holdings Ltd.
|
6,251,994
|
|
|
485,000
|
SITC International Holdings Co. Ltd.
|
1,292,426
|
|
|
3,703,000
|
Yangzijiang Shipbuilding Holdings Ltd.
|
8,116,090
|
|
|
|
|
|
15,660,510
|
|
|
Denmark - 1.5%
|
||
|
6,229
|
AP Moller - Maersk AS Class B
|
10,297,190
|
|
|
66,593
|
Novo Nordisk AS Class B
|
5,771,961
|
|
|
|
|
|
16,069,151
|
|
|
Finland - 2.1%
|
||
|
7,573
|
Elisa OYJ
|
327,789
|
|
|
91,055
|
Fortum OYJ
|
1,274,295
|
|
|
29,593
|
Kesko OYJ Class B
|
557,100
|
|
|
90,534
|
Kone OYJ Class B
|
4,406,154
|
|
|
21,520
|
Konecranes OYJ
|
1,363,778
|
|
|
2,277,589
|
Nokia OYJ ADR(2)
|
10,089,719
|
|
|
38,605
|
Orion OYJ Class B
|
1,710,151
|
|
|
95,830
|
Valmet OYJ
|
2,315,082
|
|
|
|
|
|
22,044,068
|
|
|
France - 4.7%
|
||
|
4,376
|
Air Liquide SA
|
711,059
|
|
|
53,148
|
BNP Paribas SA
|
3,259,158
|
|
|
31,643
|
Cie de Saint-Gobain SA
|
2,808,074
|
|
|
252,552
|
Cie Generale des Etablissements Michelin SCA
|
8,316,260
|
|
|
65,054
|
Danone SA
|
4,386,706
|
|
|
199,158
|
Engie SA
|
3,157,352
|
|
|
14,433
|
EssilorLuxottica SA
|
3,521,130
|
|
|
924,428
|
Orange SA
|
9,216,357
|
|
|
28,307
|
Thales SA
|
4,064,095
|
|
|
117,341
|
TotalEnergies SE
|
6,484,808
|
|
|
31,226
|
Vinci SA
|
3,207,585
|
|
|
|
|
|
49,132,584
|
|
|
Germany - 3.6%
|
||
|
21,645
|
Allianz SE
|
6,632,125
|
|
|
68,933
|
Bayerische Motoren Werke AG
|
5,637,602
|
|
|
26,982
|
Commerzbank AG
|
439,354
|
|
|
7,262
|
Daimler Truck Holding AG
|
277,105
|
|
|
11,151
|
Deutsche Boerse AG
|
2,568,022
|
|
|
30,304
|
Deutsche Post AG
|
1,066,285
|
|
|
73,561
|
Deutsche Telekom AG
|
2,200,621
|
|
|
143,019
|
E.ON SE
|
1,665,341
|
|
|
66,274
|
Heidelberg Materials AG
|
8,187,169
|
|
|
44,534
|
Mercedes-Benz Group AG
|
2,480,985
|
|
|
15,358
|
Merck KGaA
|
2,224,859
|
|
|
|
9
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8% - (continued)
|
|||
|
|
Germany - 3.6% - (continued)
|
||
|
8,709
|
Muenchener Rueckversicherungs-Gesellschaft AG
in Muenchen
|
$4,392,751
|
|
|
15,649
|
RWE AG
|
467,177
|
|
|
|
|
|
38,239,396
|
|
|
Hong Kong - 2.5%
|
||
|
1,511,500
|
CK Asset Holdings Ltd.
|
6,207,152
|
|
|
336,480
|
CLP Holdings Ltd.
|
2,828,564
|
|
|
377,100
|
Hang Seng Bank Ltd.
|
4,638,535
|
|
|
455,000
|
Henderson Land Development Co. Ltd.
|
1,382,347
|
|
|
1,234,000
|
HKT Trust & HKT Ltd.
|
1,525,036
|
|
|
13,226
|
Jardine Matheson Holdings Ltd.
|
541,869
|
|
|
1,103,591
|
Sino Land Co. Ltd.
|
1,115,248
|
|
|
509,000
|
Sun Hung Kai Properties Ltd.
|
4,891,490
|
|
|
4,407,292
|
WH Group Ltd.(1)
|
3,409,886
|
|
|
|
|
|
26,540,127
|
|
|
Ireland - 0.3%
|
||
|
317,539
|
Bank of Ireland Group PLC
|
2,895,515
|
|
|
|
Israel - 3.6%
|
||
|
612,495
|
Bank Hapoalim BM
|
7,399,731
|
|
|
663,874
|
Bank Leumi Le-Israel BM
|
7,898,381
|
|
|
1,211,503
|
Bezeq The Israeli Telecommunication Corp. Ltd.
|
1,725,660
|
|
|
17,480
|
Check Point Software Technologies Ltd.*
|
3,263,516
|
|
|
8,159
|
FIBI Holdings Ltd.
|
417,618
|
|
|
37,276
|
First International Bank of Israel Ltd.
|
1,835,334
|
|
|
98,269
|
ICL Group Ltd.
|
485,459
|
|
|
1,108
|
Israel Corp. Ltd.
|
290,376
|
|
|
665,457
|
Israel Discount Bank Ltd. Class A
|
4,551,257
|
|
|
16,856
|
Matrix IT Ltd.
|
395,534
|
|
|
65,610
|
Mizrahi Tefahot Bank Ltd.
|
2,837,851
|
|
|
574,576
|
Oil Refineries Ltd.
|
148,231
|
|
|
47,099
|
Phoenix Financial Ltd.
|
687,422
|
|
|
84,062
|
Shufersal Ltd.
|
875,538
|
|
|
92,577
|
Tower Semiconductor Ltd.*(2)
|
4,799,527
|
|
|
|
|
|
37,611,435
|
|
|
Italy - 2.3%
|
||
|
522,228
|
Banca Monte dei Paschi di Siena SpA
|
3,680,461
|
|
|
59,752
|
Buzzi SpA
|
2,201,449
|
|
|
60,535
|
Eni SpA
|
820,534
|
|
|
69,148
|
Generali
|
1,952,607
|
|
|
15,243
|
Leonardo SpA
|
409,282
|
|
|
440,969
|
Poste Italiane SpA(1)
|
6,219,211
|
|
|
34,897
|
Prysmian SpA
|
2,228,136
|
|
|
38,513
|
Recordati Industria Chimica e Farmaceutica SpA
|
2,017,939
|
|
|
387,916
|
Unipol Gruppo SpA
|
4,832,295
|
|
|
|
|
|
24,361,914
|
|
|
Japan - 21.1%
|
||
|
100,300
|
Air Water, Inc.
|
1,223,116
|
|
|
80,482
|
Alfresa Holdings Corp.
|
1,108,189
|
|
|
33,500
|
Asahi Kasei Corp.
|
232,876
|
|
|
99,993
|
Bridgestone Corp.
|
3,397,573
|
|
|
208,700
|
Brother Industries Ltd.
|
3,582,134
|
|
|
260,703
|
Canon, Inc.
|
8,561,264
|
|
|
162,300
|
Chiba Bank Ltd.
|
1,262,482
|
|
|
68,200
|
Chubu Electric Power Co., Inc.
|
718,409
|
|
|
97,100
|
COMSYS Holdings Corp.
|
2,001,807
|
|
|
382,300
|
Concordia Financial Group Ltd.
|
2,118,997
|
|
|
188,600
|
Dai Nippon Printing Co. Ltd.
|
2,663,513
|
|
|
7,000
|
Daito Trust Construction Co. Ltd.
|
782,801
|
|
|
212,300
|
Daiwa House Industry Co. Ltd.
|
6,562,442
|
|
|
149,900
|
ENEOS Holdings, Inc.
|
788,129
|
|
|
24,000
|
Fuji Soft, Inc.
|
1,511,072
|
|
|
115,560
|
FUJIFILM Holdings Corp.
|
2,433,113
|
|
|
11,000
|
Fujitsu Ltd.
|
195,944
|
|
|
184,500
|
Haseko Corp.
|
2,386,666
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8% - (continued)
|
|||
|
|
Japan - 21.1% - (continued)
|
||
|
8,500
|
Horiba Ltd.
|
$494,986
|
|
|
37,400
|
Isuzu Motors Ltd.
|
513,667
|
|
|
1,150
|
Japan Metropolitan Fund Invest REIT
|
660,028
|
|
|
436,500
|
Japan Post Bank Co. Ltd.
|
4,150,861
|
|
|
523,181
|
Japan Post Holdings Co. Ltd.
|
4,961,830
|
|
|
227,500
|
Japan Post Insurance Co. Ltd.
|
4,208,084
|
|
|
133,200
|
Japan Tobacco, Inc.
|
3,457,979
|
|
|
46,700
|
Kajima Corp.
|
856,087
|
|
|
314,200
|
Kansai Electric Power Co., Inc.
|
3,505,661
|
|
|
1,116
|
KDX Realty Investment Corp. REIT
|
1,061,606
|
|
|
12,500
|
Kewpie Corp.
|
266,766
|
|
|
107,900
|
Kinden Corp.
|
2,084,401
|
|
|
130,100
|
Kirin Holdings Co. Ltd.
|
1,696,201
|
|
|
266,900
|
Kuraray Co. Ltd.
|
3,872,903
|
|
|
140,800
|
Kyowa Kirin Co. Ltd.
|
2,128,216
|
|
|
462,300
|
Kyushu Electric Power Co., Inc.
|
4,156,464
|
|
|
142,100
|
Kyushu Railway Co.
|
3,462,987
|
|
|
24,100
|
McDonald's Holdings Co. Japan Ltd.
|
949,217
|
|
|
670,900
|
Mebuki Financial Group, Inc.
|
2,741,913
|
|
|
106,750
|
Medipal Holdings Corp.
|
1,616,941
|
|
|
75,332
|
MEIJI Holdings Co. Ltd.
|
1,534,345
|
|
|
389,600
|
Mitsubishi Chemical Group Corp.
|
1,982,458
|
|
|
64,100
|
Mitsubishi Gas Chemical Co., Inc.
|
1,154,053
|
|
|
50,600
|
Mitsubishi UFJ Financial Group, Inc.
|
594,347
|
|
|
325,100
|
Mizuho Financial Group, Inc.
|
8,011,659
|
|
|
183,800
|
MS&AD Insurance Group Holdings, Inc.
|
4,033,636
|
|
|
91,217
|
NEC Corp.
|
7,963,205
|
|
|
19,400
|
NH Foods Ltd.
|
628,809
|
|
|
100,200
|
Nihon Kohden Corp.
|
1,374,594
|
|
|
116,700
|
Nippon Express Holdings, Inc.
|
1,776,935
|
|
|
125,300
|
Niterra Co. Ltd.
|
4,050,165
|
|
|
36,700
|
Nomura Real Estate Holdings, Inc.
|
911,896
|
|
|
299,100
|
Oji Holdings Corp.
|
1,149,697
|
|
|
376,800
|
Ono Pharmaceutical Co. Ltd.
|
3,918,806
|
|
|
217,846
|
Osaka Gas Co. Ltd.
|
4,796,050
|
|
|
25,700
|
Otsuka Corp.
|
590,171
|
|
|
165,700
|
Otsuka Holdings Co. Ltd.
|
9,067,320
|
|
|
302,200
|
Resona Holdings, Inc.
|
2,200,737
|
|
|
403,200
|
Ricoh Co. Ltd.
|
4,647,473
|
|
|
239,700
|
Santen Pharmaceutical Co. Ltd.
|
2,468,532
|
|
|
115,500
|
Sanwa Holdings Corp.
|
3,235,117
|
|
|
123,500
|
SCSK Corp.
|
2,617,578
|
|
|
1,800
|
Secom Co. Ltd.
|
61,493
|
|
|
209,800
|
Seiko Epson Corp.
|
3,838,635
|
|
|
252,265
|
Sekisui Chemical Co. Ltd.
|
4,357,976
|
|
|
178,048
|
Sekisui House Ltd.
|
4,284,662
|
|
|
145,400
|
Shionogi & Co. Ltd.
|
2,052,956
|
|
|
254,500
|
Skylark Holdings Co. Ltd.
|
3,967,454
|
|
|
1,887,500
|
SoftBank Corp.
|
2,388,800
|
|
|
215,400
|
Sohgo Security Services Co. Ltd.
|
1,482,280
|
|
|
165,700
|
Sompo Holdings, Inc.
|
4,342,824
|
|
|
207,393
|
Subaru Corp.
|
3,722,675
|
|
|
213,300
|
Sumitomo Mitsui Financial Group, Inc.
|
5,108,559
|
|
|
143,800
|
Sumitomo Mitsui Trust Group, Inc.
|
3,378,147
|
|
|
34,700
|
Suntory Beverage & Food Ltd.
|
1,106,841
|
|
|
112,000
|
Taiheiyo Cement Corp.
|
2,556,274
|
|
|
611,500
|
Takashimaya Co. Ltd.
|
4,918,147
|
|
|
95,200
|
Takeda Pharmaceutical Co. Ltd.
|
2,532,650
|
|
|
36,100
|
TIS, Inc.
|
858,397
|
|
|
462,100
|
Tohoku Electric Power Co., Inc.
|
3,487,214
|
|
|
16,600
|
Tokio Marine Holdings, Inc.
|
605,019
|
|
|
24,796
|
Tokyo Gas Co. Ltd.
|
689,479
|
|
|
41,100
|
Tokyo Tatemono Co. Ltd.
|
681,775
|
|
|
113,700
|
Tosoh Corp.
|
1,531,940
|
|
|
33,319
|
Toyo Suisan Kaisha Ltd.
|
2,281,194
|
|
|
|
10
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8% - (continued)
|
|||
|
|
Japan - 21.1% - (continued)
|
||
|
119,980
|
Yamazaki Baking Co. Ltd.
|
$2,247,144
|
|
|
105,700
|
Yokogawa Electric Corp.
|
2,285,369
|
|
|
|
|
|
221,852,812
|
|
|
Netherlands - 2.3%
|
||
|
314,277
|
Koninklijke Ahold Delhaize NV
|
10,247,912
|
|
|
2,095,206
|
Koninklijke KPN NV
|
7,626,094
|
|
|
41,555
|
Wolters Kluwer NV
|
6,902,045
|
|
|
|
|
|
24,776,051
|
|
|
New Zealand - 0.4%
|
||
|
138,050
|
Contact Energy Ltd.
|
734,754
|
|
|
69,354
|
Fisher & Paykel Healthcare Corp. Ltd.
|
1,492,055
|
|
|
139,830
|
Infratil Ltd.
|
987,081
|
|
|
569,791
|
Spark New Zealand Ltd.
|
948,995
|
|
|
|
|
|
4,162,885
|
|
|
Norway - 1.6%
|
||
|
28,067
|
Aker BP ASA
|
547,879
|
|
|
369,704
|
Equinor ASA
|
8,639,290
|
|
|
182,510
|
Hoegh Autoliners ASA
|
1,819,098
|
|
|
3,208
|
Kongsberg Gruppen ASA
|
361,549
|
|
|
201,149
|
Orkla ASA
|
1,741,868
|
|
|
15,354
|
SpareBank 1 SMN
|
231,607
|
|
|
237,412
|
Telenor ASA
|
2,652,695
|
|
|
91,340
|
Wallenius Wilhelmsen ASA
|
751,962
|
|
|
|
|
|
16,745,948
|
|
|
Portugal - 0.2%
|
||
|
68,975
|
Galp Energia SGPS SA
|
1,139,207
|
|
|
58,617
|
Jeronimo Martins SGPS SA
|
1,119,876
|
|
|
|
|
|
2,259,083
|
|
|
Singapore - 3.1%
|
||
|
94,246
|
BW LPG Ltd.(1)
|
1,039,769
|
|
|
1,071,400
|
ComfortDelGro Corp. Ltd.
|
1,162,346
|
|
|
84,409
|
DBS Group Holdings Ltd.
|
2,705,147
|
|
|
253,644
|
Hafnia Ltd.
|
1,356,731
|
|
|
667,552
|
Oversea-Chinese Banking Corp. Ltd.
|
8,167,016
|
|
|
1,234,900
|
Singapore Airlines Ltd.
|
5,829,611
|
|
|
753,400
|
Singapore Technologies Engineering Ltd.
|
2,573,555
|
|
|
327,200
|
United Overseas Bank Ltd.
|
8,713,661
|
|
|
141,700
|
Venture Corp. Ltd.
|
1,365,896
|
|
|
|
|
|
32,913,732
|
|
|
Spain - 0.2%
|
||
|
29,892
|
Iberdrola SA
|
411,677
|
|
|
24,224
|
Industria de Diseno Textil SA
|
1,245,167
|
|
|
33,333
|
Repsol SA
|
403,496
|
|
|
144,272
|
Telefonica SA
|
588,163
|
|
|
|
|
|
2,648,503
|
|
|
Sweden - 2.4%
|
||
|
101,764
|
Billerud Aktiebolag
|
933,898
|
|
|
81,519
|
Essity AB Class B
|
2,181,611
|
|
|
16,455
|
Loomis AB
|
500,981
|
|
|
196,549
|
Securitas AB Class B
|
2,435,238
|
|
|
28,903
|
Skandinaviska Enskilda Banken AB Class A
|
396,168
|
|
|
197,883
|
SKF AB Class B
|
3,717,946
|
|
|
47,072
|
Swedish Orphan Biovitrum AB*
|
1,352,187
|
|
|
402,652
|
Tele2 AB Class B
|
3,981,241
|
|
|
475,977
|
Telefonaktiebolaget LM Ericsson Class B
|
3,871,830
|
|
|
1,113,599
|
Telia Co. AB
|
3,091,077
|
|
|
121,807
|
Volvo AB Class B
|
2,961,048
|
|
|
|
|
|
25,423,225
|
|
|
Switzerland - 2.9%
|
||
|
7,165
|
ABB Ltd.
|
387,958
|
|
|
141
|
Givaudan SA
|
617,055
|
|
|
90,720
|
Novartis AG
|
8,879,298
|
|
|
5,339
|
Schindler Holding AG
|
1,458,099
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.8% - (continued)
|
|||
|
|
Switzerland - 2.9% - (continued)
|
||
|
57,486
|
SGS SA
|
$5,764,775
|
|
|
15,819
|
Swisscom AG
|
8,806,274
|
|
|
7,211
|
Zurich Insurance Group AG
|
4,287,213
|
|
|
|
|
|
30,200,672
|
|
|
United Kingdom - 11.4%
|
||
|
70,519
|
Associated British Foods PLC
|
1,804,337
|
|
|
121,496
|
AstraZeneca PLC ADR
|
7,960,418
|
|
|
588,500
|
Aviva PLC
|
3,455,231
|
|
|
61,297
|
B&M European Value Retail SA
|
281,740
|
|
|
599,752
|
BAE Systems PLC
|
8,626,721
|
|
|
887,424
|
BT Group PLC
|
1,600,986
|
|
|
135,586
|
Bunzl PLC
|
5,596,868
|
|
|
871,500
|
CK Hutchison Holdings Ltd.
|
4,655,958
|
|
|
37,626
|
Coca-Cola Europacific Partners PLC
|
2,890,053
|
|
|
45,098
|
DCC PLC
|
2,903,110
|
|
|
98,170
|
Diageo PLC
|
3,119,808
|
|
|
352,904
|
DS Smith PLC
|
2,395,515
|
|
|
1,183,381
|
HSBC Holdings PLC
|
11,638,666
|
|
|
331,045
|
Imperial Brands PLC
|
10,584,757
|
|
|
57,734
|
Intertek Group PLC
|
3,418,630
|
|
|
111,419
|
Investec PLC
|
759,104
|
|
|
1,211,086
|
Kingfisher PLC
|
3,772,192
|
|
|
6,614,247
|
Lloyds Banking Group PLC
|
4,537,801
|
|
|
1,114,226
|
NatWest Group PLC
|
5,611,131
|
|
|
39,334
|
Next PLC
|
4,678,895
|
|
|
312,352
|
Pearson PLC
|
5,015,051
|
|
|
75,511
|
RELX PLC
|
3,431,944
|
|
|
376,533
|
Smith & Nephew PLC
|
4,675,144
|
|
|
22,501
|
SSE PLC
|
452,011
|
|
|
185,672
|
Standard Chartered PLC
|
2,298,847
|
|
|
1,826,576
|
Tesco PLC
|
8,425,244
|
|
|
87,141
|
Unilever PLC
|
4,963,477
|
|
|
797,821
|
Vodafone Group PLC
|
682,447
|
|
|
|
|
|
120,236,086
|
|
|
United States - 4.8%
|
||
|
56,015
|
BP PLC ADR
|
1,655,803
|
|
|
16,081
|
CSL Ltd.
|
2,803,567
|
|
|
241,470
|
GSK PLC ADR
|
8,166,515
|
|
|
47,467
|
Holcim AG
|
4,575,688
|
|
|
13,995
|
Nestle SA
|
1,156,354
|
|
|
31,795
|
Roche Holding AG
|
8,963,997
|
|
|
96,934
|
Sanofi SA
|
9,409,168
|
|
|
91,984
|
Shell PLC
|
2,852,371
|
|
|
66,651
|
Stellantis NV
|
868,925
|
|
|
69,560
|
Swiss Re AG
|
10,070,369
|
|
|
|
|
|
50,522,757
|
|
|
Total Common Stocks
(cost $946,026,460)
|
|
$1,040,969,621
|
|
PREFERRED STOCKS - 0.4%
|
|||
|
|
Germany - 0.4%
|
||
|
39,421
|
Henkel AG & Co. KGaA (Preference Shares)(3)
|
$3,457,492
|
|
|
5,529
|
Volkswagen AG (Preference Shares)(3)
|
509,779
|
|
|
|
Total Preferred Stocks
(cost $3,753,546)
|
|
$3,967,271
|
|
|
11
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
WARRANTS - 0.0%
|
|||
|
|
Canada - 0.0%
|
||
|
1,030
|
Constellation Software, Inc. Expires
03/31/2040*(4)(5)
|
$—
|
|
|
|
Total Warrants
(cost $—)
|
|
$—
|
|
|
Total Long-Term Investments
(cost $949,780,006)
|
|
$1,044,936,892
|
|
SHORT-TERM INVESTMENTS - 1.3%
|
|||
|
|
Securities Lending Collateral - 1.3%
|
||
|
2,199,518
|
Goldman Sachs Financial Square Funds,
Government Fund, Institutional Class, 4.39%(6)
|
$2,199,518
|
|
|
7,331,725
|
HSBC U.S. Government Money Market Fund,
Institutional Class, 4.41%(6)
|
7,331,725
|
|
|
1,989,284
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.42%(6)
|
1,989,284
|
|
|
2,195,468
|
Morgan Stanley Institutional Liquidity Funds,
Government Portfolio, Institutional Class,
4.42%(6)
|
2,195,468
|
|
|
|
Total Short-Term Investments
(cost $13,715,995)
|
$13,715,995
|
|
|
|
Total Investments
(cost $963,496,001)
|
100.5
%
|
$1,058,652,887
|
|
|
Other Assets and Liabilities
|
(0.5
)%
|
(5,653,597
)
|
|
|
Net Assets
|
100.0
%
|
$1,052,999,290
|
|
*
|
Non-income producing.
|
|
(1)
|
Security was purchased pursuant to Rule 144A under the Securities Act of 1933
and may be sold in transactions that are exempt from registration (typically only
to
qualified institutional buyers) or in a public offering registered under the Securities
Act of 1933. At December 31, 2024, the aggregate value of these securities was
$15,053,357, representing 1.4% of net assets.
|
|
(2)
|
Represents entire or partial securities on loan.
|
|
(3)
|
Currently no rate available.
|
|
(4)
|
Investment in securities not registered under the Securities Act of 1933 (excluding
securities acquired pursuant to Rule 144A and Regulation S). At the end of the
period, the value of such restricted securities amounted to $0 or 0.0% of net
assets.
|
|
Period
Acquired
|
Security Name
|
Shares/
Par Value
|
Total Cost
|
Market Value
|
|
08/2023
|
Constellation Software,
Inc. Expires
03/31/2040 Warrants
|
1,030
|
$—
|
$—
|
|
(5)
|
Investment valued using significant unobservable inputs.
|
|
(6)
|
Current yield as of period end.
|
|
Futures Contracts Outstanding at December 31, 2024
|
||||
|
Description
|
Number of
Contracts
|
Expiration
Date
|
Current
Notional
Amount
|
Value and
Unrealized
Appreciation/
(Depreciation)
|
|
Long position contracts:
|
||||
|
MSCI EAFE Index Future
|
40
|
03/21/2025
|
$4,535,000
|
$(120,150
)
|
|
Total futures contracts
|
$(120,150
)
|
|||
|
|
12
|
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Australia
|
$101,648,740
|
$101,648,740
|
$—
|
$—
|
|
Austria
|
3,190,931
|
3,190,931
|
—
|
—
|
|
Belgium
|
11,590,810
|
11,590,810
|
—
|
—
|
|
Canada
|
160,242,686
|
160,242,686
|
—
|
—
|
|
China
|
15,660,510
|
15,660,510
|
—
|
—
|
|
Denmark
|
16,069,151
|
16,069,151
|
—
|
—
|
|
Finland
|
22,044,068
|
22,044,068
|
—
|
—
|
|
France
|
49,132,584
|
49,132,584
|
—
|
—
|
|
Germany
|
38,239,396
|
38,239,396
|
—
|
—
|
|
Hong Kong
|
26,540,127
|
26,540,127
|
—
|
—
|
|
Ireland
|
2,895,515
|
2,895,515
|
—
|
—
|
|
Israel
|
37,611,435
|
37,611,435
|
—
|
—
|
|
Italy
|
24,361,914
|
24,361,914
|
—
|
—
|
|
Japan
|
221,852,812
|
221,852,812
|
—
|
—
|
|
Netherlands
|
24,776,051
|
24,776,051
|
—
|
—
|
|
New Zealand
|
4,162,885
|
4,162,885
|
—
|
—
|
|
Norway
|
16,745,948
|
16,745,948
|
—
|
—
|
|
Portugal
|
2,259,083
|
2,259,083
|
—
|
—
|
|
Singapore
|
32,913,732
|
32,913,732
|
—
|
—
|
|
Spain
|
2,648,503
|
2,648,503
|
—
|
—
|
|
Sweden
|
25,423,225
|
25,423,225
|
—
|
—
|
|
Switzerland
|
30,200,672
|
30,200,672
|
—
|
—
|
|
United Kingdom
|
120,236,086
|
120,236,086
|
—
|
—
|
|
United States
|
50,522,757
|
50,522,757
|
—
|
—
|
|
Preferred Stocks
|
3,967,271
|
3,967,271
|
—
|
—
|
|
Warrants
|
—
|
—
|
—
|
—
|
|
Short-Term Investments
|
13,715,995
|
13,715,995
|
—
|
—
|
|
Total
|
$1,058,652,887
|
$1,058,652,887
|
$—
|
$—
|
|
Liabilities
|
|
|
|
|
|
Futures Contracts(2)
|
$(120,150
)
|
$(120,150
)
|
$—
|
$—
|
|
Total
|
$(120,150
)
|
$(120,150
)
|
$—
|
$—
|
|
(1)
|
For the period ended December 31, 2024, there were no transfers in and out of Level
3.
|
|
(2)
|
Derivative instruments (excluding purchased and written options, if applicable) are
valued at the unrealized appreciation/(depreciation) on the investments.
|
|
|
13
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.3%
|
|||
|
|
Australia - 7.5%
|
||
|
13,004
|
AGL Energy Ltd.
|
$90,901
|
|
|
7,387
|
ANZ Group Holdings Ltd.
|
130,532
|
|
|
4,773
|
BHP Group Ltd.
|
116,878
|
|
|
6,978
|
BlueScope Steel Ltd.
|
80,749
|
|
|
3,150
|
Brambles Ltd.
|
37,524
|
|
|
46
|
Cochlear Ltd.
|
8,256
|
|
|
8,472
|
Coles Group Ltd.
|
99,086
|
|
|
1,949
|
EBOS Group Ltd.
|
40,456
|
|
|
1,451
|
Endeavour Group Ltd.
|
3,773
|
|
|
5,094
|
Fortescue Ltd.
|
57,560
|
|
|
3,628
|
JB Hi-Fi Ltd.
|
208,185
|
|
|
2,564
|
Orica Ltd.
|
26,321
|
|
|
7,581
|
Origin Energy Ltd.
|
51,162
|
|
|
2,471
|
QBE Insurance Group Ltd.
|
29,375
|
|
|
1,127
|
Rio Tinto PLC
|
66,663
|
|
|
2,288
|
Sonic Healthcare Ltd.
|
38,263
|
|
|
15,446
|
Telstra Group Ltd.
|
38,349
|
|
|
1,321
|
Wesfarmers Ltd.
|
58,504
|
|
|
1,013
|
Westpac Banking Corp.
|
20,271
|
|
|
31,194
|
Whitehaven Coal Ltd.
|
119,745
|
|
|
631
|
Woolworths Group Ltd.
|
11,912
|
|
|
|
|
|
1,334,465
|
|
|
Austria - 0.2%
|
||
|
860
|
ANDRITZ AG
|
43,618
|
|
|
|
Brazil - 1.0%
|
||
|
3,574
|
Telefonica Brasil SA
|
27,057
|
|
|
18,615
|
TIM SA
|
43,631
|
|
|
8,319
|
Vale SA ADR
|
73,790
|
|
|
13,387
|
Vibra Energia SA
|
38,658
|
|
|
|
|
|
183,136
|
|
|
Canada - 5.4%
|
||
|
449
|
Alimentation Couche-Tard, Inc.
|
24,888
|
|
|
1,102
|
Bank of Montreal
|
106,928
|
|
|
385
|
Bank of Nova Scotia
|
20,663
|
|
|
253
|
Barrick Gold Corp.
|
3,922
|
|
|
134
|
Celestica, Inc.*
|
12,368
|
|
|
7
|
Dollarama, Inc.
|
683
|
|
|
136
|
Fairfax Financial Holdings Ltd.
|
189,125
|
|
|
701
|
George Weston Ltd.
|
108,957
|
|
|
274
|
Gildan Activewear, Inc.
|
12,892
|
|
|
3,542
|
Kinross Gold Corp.
|
32,834
|
|
|
1,022
|
Loblaw Cos. Ltd.
|
134,426
|
|
|
3,187
|
Manulife Financial Corp.
|
97,857
|
|
|
73
|
Nutrien Ltd.
|
3,265
|
|
|
1,002
|
Royal Bank of Canada
|
120,753
|
|
|
2,333
|
Suncor Energy, Inc.
|
83,233
|
|
|
60
|
Toromont Industries Ltd.
|
4,741
|
|
|
158
|
Toronto-Dominion Bank
|
8,408
|
|
|
|
|
|
965,943
|
|
|
China - 12.7%
|
||
|
389,000
|
Agricultural Bank of China Ltd. Class H
|
221,844
|
|
|
330,000
|
Bank of China Ltd. Class H
|
168,655
|
|
|
39,000
|
Bank of Communications Co. Ltd. Class H
|
32,082
|
|
|
44,500
|
BOC Hong Kong Holdings Ltd.
|
142,930
|
|
|
64,000
|
Bosideng International Holdings Ltd.
|
31,967
|
|
|
251,000
|
China Construction Bank Corp. Class H
|
209,383
|
|
|
17,000
|
China Hongqiao Group Ltd.
|
25,737
|
|
|
26,000
|
China Overseas Land & Investment Ltd.
|
41,504
|
|
|
44,000
|
China Petroleum & Chemical Corp. Class H
|
25,206
|
|
|
1,000
|
China Resources Land Ltd.
|
2,903
|
|
|
6,000
|
China Resources Power Holdings Co. Ltd.
|
14,583
|
|
|
8,500
|
China Shenhua Energy Co. Ltd. Class H
|
36,766
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.3% - (continued)
|
|||
|
|
China - 12.7% - (continued)
|
||
|
288,000
|
China Tower Corp. Ltd. Class H(1)
|
$41,524
|
|
|
93,000
|
COSCO SHIPPING Holdings Co. Ltd. Class H
|
153,245
|
|
|
210,000
|
CSPC Pharmaceutical Group Ltd.
|
129,223
|
|
|
41,600
|
Dongfang Electric Corp. Ltd. Class H(2)
|
51,947
|
|
|
22,000
|
Huaneng Power International, Inc. Class H
|
12,122
|
|
|
311,000
|
Industrial & Commercial Bank of China Ltd. Class H
|
208,589
|
|
|
70,000
|
Kunlun Energy Co. Ltd.
|
75,696
|
|
|
118,000
|
Lenovo Group Ltd.
|
153,122
|
|
|
11,000
|
People's Insurance Co. Group of China Ltd. Class H
|
5,480
|
|
|
142,000
|
PetroChina Co. Ltd. Class H
|
111,692
|
|
|
14,000
|
PICC Property & Casualty Co. Ltd. Class H
|
22,096
|
|
|
153,000
|
Postal Savings Bank of China Co. Ltd. Class H(1)
|
90,209
|
|
|
38,400
|
Sinopharm Group Co. Ltd. Class H
|
105,294
|
|
|
11,000
|
SITC International Holdings Co. Ltd.
|
29,313
|
|
|
21,000
|
Weichai Power Co. Ltd. Class H
|
32,117
|
|
|
40,500
|
Yangzijiang Shipbuilding Holdings Ltd.
|
88,766
|
|
|
|
|
|
2,263,995
|
|
|
Denmark - 1.0%
|
||
|
66
|
AP Moller - Maersk AS Class B
|
109,105
|
|
|
832
|
Novo Nordisk AS Class B
|
72,114
|
|
|
|
|
|
181,219
|
|
|
Finland - 1.0%
|
||
|
2,118
|
Fortum OYJ
|
29,641
|
|
|
62
|
Kone OYJ Class B
|
3,018
|
|
|
325
|
Konecranes OYJ
|
20,596
|
|
|
26,938
|
Nokia OYJ ADR(2)
|
119,335
|
|
|
|
|
|
172,590
|
|
|
France - 2.8%
|
||
|
218
|
Air Liquide SA
|
35,423
|
|
|
1,290
|
BNP Paribas SA
|
79,106
|
|
|
802
|
Cie de Saint-Gobain SA
|
71,171
|
|
|
2,708
|
Cie Generale des Etablissements Michelin SCA
|
89,171
|
|
|
395
|
Danone SA
|
26,636
|
|
|
50
|
EssilorLuxottica SA
|
12,198
|
|
|
10,682
|
Orange SA(2)
|
106,497
|
|
|
1,148
|
TotalEnergies SE
|
63,444
|
|
|
241
|
Vinci SA
|
24,756
|
|
|
|
|
|
508,402
|
|
|
Germany - 2.3%
|
||
|
339
|
Allianz SE
|
103,871
|
|
|
736
|
Bayerische Motoren Werke AG
|
60,193
|
|
|
2,609
|
Commerzbank AG
|
42,483
|
|
|
1,370
|
Deutsche Post AG
|
48,205
|
|
|
166
|
Deutsche Telekom AG
|
4,966
|
|
|
1,788
|
E.ON SE
|
20,820
|
|
|
828
|
Heidelberg Materials AG
|
102,287
|
|
|
113
|
Mercedes-Benz Group AG
|
6,295
|
|
|
38
|
Muenchener Rueckversicherungs-Gesellschaft AG in
Muenchen
|
19,167
|
|
|
|
|
|
408,287
|
|
|
Hong Kong - 2.0%
|
||
|
12,500
|
CK Asset Holdings Ltd.
|
51,333
|
|
|
2,500
|
CLP Holdings Ltd.
|
21,016
|
|
|
2,300
|
Hang Seng Bank Ltd.
|
28,291
|
|
|
82,092
|
Sino Land Co. Ltd.
|
82,959
|
|
|
3,500
|
Sun Hung Kai Properties Ltd.
|
33,635
|
|
|
2,500
|
Techtronic Industries Co. Ltd.
|
32,988
|
|
|
141,000
|
WH Group Ltd.(1)
|
109,091
|
|
|
|
|
|
359,313
|
|
|
India - 1.8%
|
||
|
8,930
|
Dr. Reddy's Laboratories Ltd. ADR
|
141,005
|
|
|
|
14
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.3% - (continued)
|
|||
|
|
India - 1.8% - (continued)
|
||
|
3,303
|
Infosys Ltd. ADR
|
$72,402
|
|
|
688
|
Larsen & Toubro Ltd. GDR(3)
|
28,896
|
|
|
728
|
Mahindra & Mahindra Ltd. GDR(3)
|
25,771
|
|
|
655
|
State Bank of India GDR(3)
|
60,653
|
|
|
|
|
|
328,727
|
|
|
Indonesia - 2.0%
|
||
|
532,900
|
Alamtri Resources Indonesia Tbk. PT
|
80,457
|
|
|
290,200
|
Astra International Tbk. PT
|
88,349
|
|
|
95,700
|
Bank Negara Indonesia Persero Tbk. PT
|
25,865
|
|
|
85,200
|
Indofood Sukses Makmur Tbk. PT
|
40,760
|
|
|
198,900
|
Kalbe Farma Tbk. PT
|
16,807
|
|
|
172,300
|
Telkom Indonesia Persero Tbk. PT
|
29,011
|
|
|
44,900
|
United Tractors Tbk. PT
|
74,694
|
|
|
|
|
|
355,943
|
|
|
Ireland - 0.1%
|
||
|
2,386
|
Bank of Ireland Group PLC
|
21,757
|
|
|
|
Israel - 3.3%
|
||
|
12,295
|
Bank Hapoalim BM
|
148,540
|
|
|
13,452
|
Bank Leumi Le-Israel BM
|
160,044
|
|
|
49,760
|
Bezeq The Israeli Telecommunication Corp. Ltd.
|
70,878
|
|
|
1,093
|
FIBI Holdings Ltd.
|
55,945
|
|
|
611
|
First International Bank of Israel Ltd.
|
30,083
|
|
|
7,561
|
ICL Group Ltd.
|
37,352
|
|
|
8,507
|
Israel Discount Bank Ltd. Class A
|
58,182
|
|
|
725
|
Tower Semiconductor Ltd.*
|
37,345
|
|
|
|
|
|
598,369
|
|
|
Italy - 1.4%
|
||
|
10,352
|
Banca Monte dei Paschi di Siena SpA
|
72,957
|
|
|
142
|
Buzzi SpA
|
5,231
|
|
|
5,994
|
Enel SpA
|
42,740
|
|
|
140
|
Prysmian SpA
|
8,939
|
|
|
2,377
|
UniCredit SpA
|
94,825
|
|
|
2,302
|
Unipol Gruppo SpA
|
28,676
|
|
|
|
|
|
253,368
|
|
|
Japan - 12.8%
|
||
|
7,500
|
Alfresa Holdings Corp.
|
103,271
|
|
|
1,300
|
Bridgestone Corp.
|
44,172
|
|
|
3,000
|
Brother Industries Ltd.
|
51,492
|
|
|
2,200
|
Canon, Inc.
|
72,246
|
|
|
2,600
|
Daiwa House Industry Co. Ltd.
|
80,369
|
|
|
600
|
FUJIFILM Holdings Corp.
|
12,633
|
|
|
2,000
|
Fujitsu Ltd.
|
35,626
|
|
|
2,700
|
Hitachi Ltd.
|
67,637
|
|
|
6,500
|
Honda Motor Co. Ltd.
|
63,486
|
|
|
1,200
|
Isuzu Motors Ltd.
|
16,481
|
|
|
1,300
|
ITOCHU Corp.
|
64,785
|
|
|
2,800
|
Japan Post Holdings Co. Ltd.
|
26,555
|
|
|
3,600
|
Japan Tobacco, Inc.
|
93,459
|
|
|
200
|
Kajima Corp.
|
3,666
|
|
|
200
|
Kansai Electric Power Co., Inc.
|
2,231
|
|
|
1,900
|
KDDI Corp.
|
60,956
|
|
|
2,000
|
Kuraray Co. Ltd.
|
29,021
|
|
|
1,400
|
Mebuki Financial Group, Inc.
|
5,722
|
|
|
4,400
|
Medipal Holdings Corp.
|
66,647
|
|
|
2,600
|
Mitsubishi Chemical Group Corp.
|
13,230
|
|
|
2,700
|
Mitsubishi Electric Corp.
|
46,163
|
|
|
2,700
|
Mitsubishi UFJ Financial Group, Inc.
|
31,714
|
|
|
5,200
|
Mizuho Financial Group, Inc.
|
128,147
|
|
|
400
|
MS&AD Insurance Group Holdings, Inc.
|
8,778
|
|
|
1,300
|
NEC Corp.
|
113,489
|
|
|
3,600
|
Nihon Kohden Corp.
|
49,387
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.3% - (continued)
|
|||
|
|
Japan - 12.8% - (continued)
|
||
|
22,400
|
Nippon Telegraph & Telephone Corp.
|
$22,520
|
|
|
1,200
|
Niterra Co. Ltd.
|
38,788
|
|
|
3,500
|
Ono Pharmaceutical Co. Ltd.
|
36,401
|
|
|
3,500
|
Osaka Gas Co. Ltd.
|
77,055
|
|
|
2,100
|
Otsuka Holdings Co. Ltd.
|
114,915
|
|
|
5,000
|
Ricoh Co. Ltd.
|
57,632
|
|
|
6,000
|
Santen Pharmaceutical Co. Ltd.
|
61,791
|
|
|
2,500
|
Sanwa Holdings Corp.
|
70,024
|
|
|
2,900
|
Seiko Epson Corp.
|
53,060
|
|
|
1,700
|
Sekisui House Ltd.
|
40,910
|
|
|
600
|
Shionogi & Co. Ltd.
|
8,472
|
|
|
59,000
|
SoftBank Corp.
|
74,670
|
|
|
300
|
Sohgo Security Services Co. Ltd.
|
2,064
|
|
|
300
|
Sompo Holdings, Inc.
|
7,863
|
|
|
2,700
|
Subaru Corp.
|
48,465
|
|
|
5,100
|
Sumitomo Mitsui Financial Group, Inc.
|
122,146
|
|
|
1,000
|
Taiheiyo Cement Corp.
|
22,824
|
|
|
1,100
|
Takeda Pharmaceutical Co. Ltd.
|
29,264
|
|
|
900
|
Tokio Marine Holdings, Inc.
|
32,802
|
|
|
1,100
|
Tokyo Gas Co. Ltd.
|
30,587
|
|
|
4,800
|
Yamaha Motor Co. Ltd.
|
42,896
|
|
|
|
|
|
2,286,512
|
|
|
Malaysia - 2.6%
|
||
|
6,600
|
AMMB Holdings Bhd.
|
8,089
|
|
|
33,500
|
CIMB Group Holdings Bhd.
|
61,434
|
|
|
24,525
|
Malayan Banking Bhd.
|
56,164
|
|
|
600
|
MISC Bhd.
|
1,020
|
|
|
4,400
|
Petronas Gas Bhd.
|
17,397
|
|
|
35,575
|
RHB Bank Bhd.
|
51,554
|
|
|
83,900
|
Sime Darby Bhd.
|
44,281
|
|
|
55,500
|
Telekom Malaysia Bhd.
|
82,539
|
|
|
37,000
|
Tenaga Nasional Bhd.
|
123,623
|
|
|
12,500
|
YTL Power International Bhd.
|
12,356
|
|
|
|
|
|
458,457
|
|
|
Mexico - 0.2%
|
||
|
354
|
Coca-Cola Femsa SAB de CV ADR
|
27,573
|
|
|
|
Netherlands - 1.1%
|
||
|
5,395
|
Koninklijke Ahold Delhaize NV
|
175,920
|
|
|
5,305
|
Koninklijke KPN NV
|
19,309
|
|
|
|
|
|
195,229
|
|
|
New Zealand - 0.6%
|
||
|
3,994
|
Fisher & Paykel Healthcare Corp. Ltd.
|
85,925
|
|
|
10,061
|
Spark New Zealand Ltd.
|
16,757
|
|
|
|
|
|
102,682
|
|
|
Norway - 1.7%
|
||
|
1,846
|
Aker BP ASA
|
36,035
|
|
|
3,678
|
Equinor ASA
|
85,948
|
|
|
10,776
|
Hoegh Autoliners ASA
|
107,406
|
|
|
2,688
|
Orkla ASA
|
23,277
|
|
|
1,628
|
Telenor ASA
|
18,190
|
|
|
4,220
|
Wallenius Wilhelmsen ASA
|
34,741
|
|
|
|
|
|
305,597
|
|
|
Philippines - 1.3%
|
||
|
9,340
|
International Container Terminal Services, Inc.
|
62,326
|
|
|
6,400
|
Manila Electric Co.
|
53,992
|
|
|
39,510
|
Metropolitan Bank & Trust Co.
|
49,178
|
|
|
2,720
|
PLDT, Inc.
|
60,894
|
|
|
|
|
|
226,390
|
|
|
15
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.3% - (continued)
|
|||
|
|
Poland - 0.1%
|
||
|
20
|
Grupa Kety SA
|
$3,305
|
|
|
1,842
|
ORLEN SA
|
21,048
|
|
|
|
|
|
24,353
|
|
|
Russia - 0.0%
|
||
|
698
|
Gazprom PJSC*(4)
|
—
|
|
|
|
Singapore - 2.6%
|
||
|
5,974
|
BW LPG Ltd.(1)
|
65,908
|
|
|
61,200
|
ComfortDelGro Corp. Ltd.
|
66,395
|
|
|
1,776
|
DBS Group Holdings Ltd.
|
56,918
|
|
|
878
|
Hafnia Ltd.
|
4,696
|
|
|
7,342
|
Oversea-Chinese Banking Corp. Ltd.
|
89,824
|
|
|
16,500
|
Singapore Airlines Ltd.
|
77,892
|
|
|
4,100
|
United Overseas Bank Ltd.
|
109,187
|
|
|
|
|
|
470,820
|
|
|
South Africa - 0.0%
|
||
|
542
|
Gold Fields Ltd. ADR
|
7,154
|
|
|
|
South Korea - 4.9%
|
||
|
84
|
CJ CheilJedang Corp.
|
14,579
|
|
|
2,543
|
Coway Co. Ltd.
|
115,563
|
|
|
549
|
DB Insurance Co. Ltd.
|
38,337
|
|
|
1,372
|
Hankook Tire & Technology Co. Ltd.
|
35,788
|
|
|
1,319
|
Hyundai Glovis Co. Ltd.
|
105,814
|
|
|
37
|
Hyundai Mobis Co. Ltd.
|
5,944
|
|
|
138
|
Hyundai Motor Co.
|
19,873
|
|
|
2,302
|
Kia Corp.
|
157,464
|
|
|
390
|
KT&G Corp.
|
28,373
|
|
|
107
|
LG Electronics, Inc.
|
6,069
|
|
|
34
|
LG Innotek Co. Ltd.
|
3,741
|
|
|
27
|
Samsung C&T Corp.
|
2,105
|
|
|
1,882
|
Samsung Electronics Co. Ltd.
|
68,011
|
|
|
356
|
Samsung Fire & Marine Insurance Co. Ltd.
|
86,694
|
|
|
372
|
Samsung SDS Co. Ltd.
|
32,294
|
|
|
3,906
|
SK Telecom Co. Ltd.
|
146,460
|
|
|
|
|
|
867,109
|
|
|
Spain - 0.2%
|
||
|
2,017
|
Iberdrola SA
|
27,778
|
|
|
|
Sweden - 2.7%
|
||
|
214
|
H & M Hennes & Mauritz AB Class B
|
2,888
|
|
|
1,442
|
Investor AB Class B
|
38,199
|
|
|
2,871
|
Loomis AB
|
87,409
|
|
|
2,541
|
Skandinaviska Enskilda Banken AB Class A
|
34,829
|
|
|
2,235
|
SKF AB Class B
|
41,993
|
|
|
6,539
|
SSAB AB Class A
|
26,613
|
|
|
5,586
|
Tele2 AB Class B
|
55,232
|
|
|
10,182
|
Telefonaktiebolaget LM Ericsson Class B
|
82,825
|
|
|
3,453
|
Telia Co. AB
|
9,585
|
|
|
4,602
|
Volvo AB Class B
|
111,872
|
|
|
|
|
|
491,445
|
|
|
Switzerland - 1.2%
|
||
|
1,523
|
Novartis AG
|
149,065
|
|
|
80
|
Swisscom AG
|
44,535
|
|
|
117
|
UBS Group AG
|
3,580
|
|
|
22
|
Zurich Insurance Group AG
|
13,080
|
|
|
|
|
|
210,260
|
|
|
Taiwan - 8.7%
|
||
|
16,000
|
ASE Technology Holding Co. Ltd.
|
79,062
|
|
|
4,000
|
Cathay Financial Holding Co. Ltd.
|
8,333
|
|
|
26,000
|
Chicony Electronics Co. Ltd.
|
120,545
|
|
|
87,000
|
Eva Airways Corp.
|
117,691
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.3% - (continued)
|
|||
|
|
Taiwan - 8.7% - (continued)
|
||
|
14,000
|
Evergreen Marine Corp. Taiwan Ltd.
|
$96,082
|
|
|
30,800
|
Hon Hai Precision Industry Co. Ltd.
|
172,862
|
|
|
1,000
|
International Games System Co. Ltd.
|
29,709
|
|
|
17,000
|
King Yuan Electronics Co. Ltd.
|
57,817
|
|
|
12,000
|
Lite-On Technology Corp.
|
36,420
|
|
|
1,000
|
MediaTek, Inc.
|
43,161
|
|
|
6,000
|
Novatek Microelectronics Corp.
|
91,873
|
|
|
29,000
|
Pegatron Corp.
|
81,292
|
|
|
91,000
|
Pou Chen Corp.
|
102,423
|
|
|
23,000
|
Powertech Technology, Inc.
|
85,589
|
|
|
4,000
|
President Chain Store Corp.
|
32,088
|
|
|
29,000
|
Radiant Opto-Electronics Corp.
|
173,817
|
|
|
13,000
|
Tripod Technology Corp.
|
78,314
|
|
|
20,000
|
Uni-President Enterprises Corp.
|
49,353
|
|
|
28,000
|
United Microelectronics Corp.
|
36,767
|
|
|
4,000
|
Yang Ming Marine Transport Corp.
|
9,236
|
|
|
12,000
|
Zhen Ding Technology Holding Ltd.
|
43,923
|
|
|
|
|
|
1,546,357
|
|
|
Thailand - 2.7%
|
||
|
15,078
|
Advanced Info Service PCL NVDR
|
126,921
|
|
|
65,200
|
Bangkok Dusit Medical Services PCL NVDR
|
46,852
|
|
|
3,200
|
Bumrungrad Hospital PCL NVDR
|
18,724
|
|
|
15,800
|
Kasikornbank PCL NVDR
|
72,060
|
|
|
125,700
|
Krung Thai Bank PCL NVDR
|
77,422
|
|
|
9,600
|
PTT Exploration & Production PCL NVDR
|
33,506
|
|
|
43,800
|
PTT PCL NVDR
|
40,788
|
|
|
221,100
|
Sansiri PCL NVDR
|
11,673
|
|
|
7,300
|
SCB X PCL NVDR
|
25,158
|
|
|
381,100
|
TMBThanachart Bank PCL NVDR
|
20,790
|
|
|
|
|
|
473,894
|
|
|
Turkey - 2.2%
|
||
|
65,798
|
Akbank TAS
|
120,671
|
|
|
4,124
|
Anadolu Efes Biracilik Ve Malt Sanayii AS
|
22,346
|
|
|
3,570
|
BIM Birlesik Magazalar AS
|
53,357
|
|
|
23
|
Coca-Cola Icecek AS
|
39
|
|
|
12,894
|
KOC Holding AS
|
65,126
|
|
|
22,032
|
Mavi Giyim Sanayi Ve Ticaret AS Class B(1)
|
54,332
|
|
|
102,120
|
Turkiye Is Bankasi AS Class C
|
39,103
|
|
|
2,388
|
Turkiye Petrol Rafinerileri AS
|
9,583
|
|
|
25,554
|
Yapi ve Kredi Bankasi AS
|
22,128
|
|
|
|
|
|
386,685
|
|
|
United Kingdom - 4.5%
|
||
|
946
|
AstraZeneca PLC ADR
|
61,982
|
|
|
5,432
|
BAE Systems PLC
|
78,133
|
|
|
8,110
|
BT Group PLC
|
14,631
|
|
|
9,000
|
CK Hutchison Holdings Ltd.
|
48,082
|
|
|
460
|
DCC PLC
|
29,612
|
|
|
18,800
|
HSBC Holdings PLC
|
183,451
|
|
|
1,772
|
Imperial Brands PLC
|
56,657
|
|
|
4,456
|
Investec PLC
|
30,359
|
|
|
24,206
|
Kingfisher PLC
|
75,395
|
|
|
82,251
|
Lloyds Banking Group PLC
|
56,429
|
|
|
23,477
|
NatWest Group PLC
|
118,228
|
|
|
1,875
|
Standard Chartered PLC
|
23,215
|
|
|
4,551
|
Tesco PLC
|
20,992
|
|
|
|
|
|
797,166
|
|
|
United States - 3.7%
|
||
|
38
|
CSL Ltd.
|
6,625
|
|
|
4,088
|
GSK PLC ADR
|
138,256
|
|
|
421
|
Holcim AG
|
40,583
|
|
|
3,944
|
JBS SA
|
23,174
|
|
|
315
|
Nestle SA
|
26,027
|
|
|
|
16
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 98.3% - (continued)
|
|||
|
|
United States - 3.7% - (continued)
|
||
|
527
|
Roche Holding AG
|
$148,578
|
|
|
1,680
|
Sanofi SA
|
163,074
|
|
|
355
|
Shell PLC
|
11,008
|
|
|
3,404
|
Stellantis NV
|
44,378
|
|
|
384
|
Swiss Re AG
|
55,593
|
|
|
|
|
|
657,296
|
|
|
Total Common Stocks
(cost $15,234,238)
|
|
$17,541,889
|
|
PREFERRED STOCKS - 0.9%
|
|||
|
|
Brazil - 0.6%
|
||
|
28,976
|
Cia Energetica de Minas Gerais (Preference Shares)(5)
|
$52,109
|
|
|
1,923
|
Gerdau SA (Preference Shares)(5)
|
5,647
|
|
|
8,472
|
Petroleo Brasileiro SA (Preference Shares)(5)
|
49,629
|
|
|
|
|
|
107,385
|
|
|
Chile - 0.3%
|
||
|
19,164
|
Embotelladora Andina SA (Preference Shares)(5)
|
58,290
|
|
|
|
Germany - 0.0%
|
||
|
14
|
Volkswagen AG (Preference Shares)(5)
|
1,291
|
|
|
|
Total Preferred Stocks
(cost $183,315)
|
|
$166,966
|
|
|
Total Long-Term Investments
(cost $15,417,553)
|
|
$17,708,855
|
|
SHORT-TERM INVESTMENTS - 0.9%
|
|||
|
|
Securities Lending Collateral - 0.9%
|
||
|
26,438
|
Goldman Sachs Financial Square Funds, Government
Fund, Institutional Class, 4.39%(6)
|
$26,438
|
|
|
88,124
|
HSBC U.S. Government Money Market Fund,
Institutional Class, 4.41%(6)
|
88,124
|
|
|
26,437
|
Invesco Government & Agency Portfolio, Institutional
Class, 4.42%(6)
|
26,437
|
|
|
26,437
|
Morgan Stanley Institutional Liquidity Funds,
Government Portfolio, Institutional Class, 4.42%(6)
|
26,437
|
|
|
|
Total Short-Term Investments
(cost $167,436)
|
$167,436
|
|
|
|
Total Investments
(cost $15,584,989)
|
100.1
%
|
$17,876,291
|
|
|
Other Assets and Liabilities
|
(0.1
)%
|
(25,320
)
|
|
|
Net Assets
|
100.0
%
|
$17,850,971
|
|
*
|
Non-income producing.
|
|
(1)
|
Security was purchased pursuant to Rule 144A under the Securities Act of 1933
and may be sold in transactions that are exempt from registration (typically only
to
qualified institutional buyers) or in a public offering registered under the Securities
Act of 1933. At December 31, 2024, the aggregate value of these securities was
$361,064, representing 2.0% of net assets.
|
|
(2)
|
Represents entire or partial securities on loan.
|
|
(3)
|
Security is exempt from registration under Regulation S under the Securities Act of
1933, which exempts from registration securities offered and sold outside of the
United States. Security may not be offered or sold in the United States except
pursuant to an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act of 1933. At December 31, 2024, the aggregate
value of these securities was $115,320, representing 0.6% of net assets.
|
|
(4)
|
Investment valued using significant unobservable inputs.
|
|
(5)
|
Currently no rate available.
|
|
(6)
|
Current yield as of period end.
|
|
Futures Contracts Outstanding at December 31, 2024
|
||||
|
Description
|
Number of
Contracts
|
Expiration
Date
|
Current
Notional
Amount
|
Value and
Unrealized
Appreciation/
(Depreciation)
|
|
Long position contracts:
|
||||
|
MSCI EAFE Index Future
|
1
|
03/21/2025
|
$113,375
|
$86
|
|
Total futures contracts
|
$86
|
|||
|
|
17
|
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Australia
|
$1,334,465
|
$1,334,465
|
$—
|
$—
|
|
Austria
|
43,618
|
43,618
|
—
|
—
|
|
Brazil
|
183,136
|
183,136
|
—
|
—
|
|
Canada
|
965,943
|
965,943
|
—
|
—
|
|
China
|
2,263,995
|
2,263,995
|
—
|
—
|
|
Denmark
|
181,219
|
181,219
|
—
|
—
|
|
Finland
|
172,590
|
172,590
|
—
|
—
|
|
France
|
508,402
|
508,402
|
—
|
—
|
|
Germany
|
408,287
|
408,287
|
—
|
—
|
|
Hong Kong
|
359,313
|
359,313
|
—
|
—
|
|
India
|
328,727
|
328,727
|
—
|
—
|
|
Indonesia
|
355,943
|
355,943
|
—
|
—
|
|
Ireland
|
21,757
|
21,757
|
—
|
—
|
|
Israel
|
598,369
|
598,369
|
—
|
—
|
|
Italy
|
253,368
|
253,368
|
—
|
—
|
|
Japan
|
2,286,512
|
2,286,512
|
—
|
—
|
|
Malaysia
|
458,457
|
458,457
|
—
|
—
|
|
Mexico
|
27,573
|
27,573
|
—
|
—
|
|
Netherlands
|
195,229
|
195,229
|
—
|
—
|
|
New Zealand
|
102,682
|
102,682
|
—
|
—
|
|
Norway
|
305,597
|
305,597
|
—
|
—
|
|
Philippines
|
226,390
|
226,390
|
—
|
—
|
|
Poland
|
24,353
|
24,353
|
—
|
—
|
|
Russia
|
—
|
—
|
—
|
—
|
|
Singapore
|
470,820
|
470,820
|
—
|
—
|
|
South Africa
|
7,154
|
7,154
|
—
|
—
|
|
South Korea
|
867,109
|
867,109
|
—
|
—
|
|
Spain
|
27,778
|
27,778
|
—
|
—
|
|
Sweden
|
491,445
|
491,445
|
—
|
—
|
|
Switzerland
|
210,260
|
210,260
|
—
|
—
|
|
Taiwan
|
1,546,357
|
1,546,357
|
—
|
—
|
|
Thailand
|
473,894
|
473,894
|
—
|
—
|
|
Turkey
|
386,685
|
386,685
|
—
|
—
|
|
United Kingdom
|
797,166
|
797,166
|
—
|
—
|
|
United States
|
657,296
|
657,296
|
—
|
—
|
|
Preferred Stocks
|
166,966
|
166,966
|
—
|
—
|
|
Short-Term Investments
|
167,436
|
167,436
|
—
|
—
|
|
Futures Contracts(2)
|
86
|
86
|
—
|
—
|
|
Total
|
$17,876,377
|
$17,876,377
|
$—
|
$—
|
|
(1)
|
For the period ended December 31, 2024, there were no transfers in and out of Level
3.
|
|
(2)
|
Derivative instruments (excluding purchased and written options, if applicable) are
valued at the unrealized appreciation/(depreciation) on the investments.
|
|
|
18
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 97.1%
|
|||
|
|
Brazil - 2.2%
|
||
|
14,324
|
Ambev SA
|
$27,220
|
|
|
7,306
|
Banco do Brasil SA
|
28,584
|
|
|
828
|
Cia de Saneamento Basico do Estado de Sao Paulo
SABESP
|
11,861
|
|
|
21,686
|
Lojas Renner SA
|
42,544
|
|
|
1,438
|
Suzano SA
|
14,380
|
|
|
12,343
|
Telefonica Brasil SA
|
93,444
|
|
|
44,480
|
TIM SA
|
104,255
|
|
|
20,413
|
Vale SA ADR
|
181,063
|
|
|
33,428
|
Vibra Energia SA
|
96,531
|
|
|
6,517
|
WEG SA
|
55,667
|
|
|
|
|
|
655,549
|
|
|
Chile - 0.7%
|
||
|
655,046
|
Banco de Chile
|
74,461
|
|
|
282,289
|
Colbun SA
|
34,913
|
|
|
3,991
|
Empresas CMPC SA
|
6,264
|
|
|
22,355
|
Falabella SA*
|
79,010
|
|
|
886
|
Sociedad Quimica y Minera de Chile SA ADR(1)
|
32,215
|
|
|
|
|
|
226,863
|
|
|
China - 21.6%
|
||
|
16,500
|
AAC Technologies Holdings, Inc.
|
79,654
|
|
|
694,000
|
Agricultural Bank of China Ltd. Class H
|
395,783
|
|
|
11,000
|
Alibaba Group Holding Ltd.
|
116,685
|
|
|
40,000
|
Aluminum Corp. of China Ltd. Class H
|
23,121
|
|
|
673,000
|
Bank of China Ltd. Class H
|
343,953
|
|
|
146,000
|
Bank of Communications Co. Ltd. Class H
|
120,101
|
|
|
258,000
|
Bosideng International Holdings Ltd.
|
128,868
|
|
|
3,500
|
BYD Co. Ltd. Class H
|
120,122
|
|
|
101,000
|
CGN Power Co. Ltd. Class H(2)
|
37,056
|
|
|
432,000
|
China Construction Bank Corp. Class H
|
360,373
|
|
|
90,500
|
China Hongqiao Group Ltd.
|
137,009
|
|
|
14,000
|
China Life Insurance Co. Ltd. Class H
|
26,457
|
|
|
42,000
|
China Merchants Bank Co. Ltd. Class H
|
216,273
|
|
|
85,000
|
China Overseas Land & Investment Ltd.
|
135,686
|
|
|
138,000
|
China Petroleum & Chemical Corp. Class H
|
79,056
|
|
|
127,000
|
China Railway Group Ltd. Class H
|
64,743
|
|
|
30,500
|
China Resources Land Ltd.
|
88,540
|
|
|
34,000
|
China Resources Power Holdings Co. Ltd.
|
82,637
|
|
|
14,000
|
China Shenhua Energy Co. Ltd. Class H
|
60,556
|
|
|
34,000
|
China State Construction International Holdings Ltd.
|
53,661
|
|
|
1,052,000
|
China Tower Corp. Ltd. Class H(2)
|
151,680
|
|
|
148,000
|
Chongqing Rural Commercial Bank Co. Ltd. Class H
|
88,595
|
|
|
181,500
|
COSCO SHIPPING Holdings Co. Ltd. Class H
|
299,075
|
|
|
404,000
|
CSPC Pharmaceutical Group Ltd.
|
248,601
|
|
|
87,000
|
Dongfang Electric Corp. Ltd. Class H(1)
|
108,639
|
|
|
4,700
|
ENN Energy Holdings Ltd.
|
33,792
|
|
|
4,500
|
Great Wall Motor Co. Ltd. Class H(1)
|
7,913
|
|
|
8,000
|
Hansoh Pharmaceutical Group Co. Ltd.(2)
|
17,796
|
|
|
2,500
|
Hengan International Group Co. Ltd.
|
7,225
|
|
|
124,000
|
Huaneng Power International, Inc. Class H
|
68,322
|
|
|
524,000
|
Industrial & Commercial Bank of China Ltd. Class H
|
351,449
|
|
|
10,306
|
JD.com, Inc. Class A
|
180,436
|
|
|
29,000
|
Jiangxi Copper Co. Ltd. Class H
|
46,517
|
|
|
160,000
|
Kunlun Energy Co. Ltd.
|
173,019
|
|
|
244,000
|
Lenovo Group Ltd.
|
316,624
|
|
|
5,980
|
NetEase, Inc.
|
106,544
|
|
|
206,000
|
People's Insurance Co. Group of China Ltd. Class H
|
102,629
|
|
|
294,000
|
PetroChina Co. Ltd. Class H
|
231,250
|
|
|
70,000
|
PICC Property & Casualty Co. Ltd. Class H
|
110,480
|
|
|
2,000
|
Ping An Insurance Group Co. of China Ltd. Class H
|
11,856
|
|
|
298,000
|
Postal Savings Bank of China Co. Ltd. Class H(2)
|
175,701
|
|
|
20,100
|
Shanghai Pharmaceuticals Holding Co. Ltd. Class H
|
32,655
|
|
|
80,000
|
Sinopharm Group Co. Ltd. Class H
|
219,363
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 97.1% - (continued)
|
|||
|
|
China - 21.6% - (continued)
|
||
|
1,200
|
Tencent Holdings Ltd.
|
$64,419
|
|
|
38,000
|
Tingyi Cayman Islands Holding Corp.
|
49,506
|
|
|
26,000
|
Want Want China Holdings Ltd.
|
15,263
|
|
|
76,000
|
Weichai Power Co. Ltd. Class H
|
116,231
|
|
|
78,200
|
Xiaomi Corp. Class B*(2)
|
347,312
|
|
|
37,000
|
ZTE Corp. Class H
|
115,983
|
|
|
|
|
|
6,469,209
|
|
|
Hong Kong - 0.1%
|
||
|
2,000
|
Orient Overseas International Ltd.
|
29,635
|
|
|
|
India - 16.3%
|
||
|
13,059
|
Apollo Tyres Ltd.
|
80,751
|
|
|
8,879
|
Aurobindo Pharma Ltd.
|
138,401
|
|
|
2,112
|
Axis Bank Ltd.
|
26,265
|
|
|
184
|
Bajaj Auto Ltd.
|
18,910
|
|
|
39,471
|
Bank of Baroda
|
110,902
|
|
|
54,110
|
Bharat Petroleum Corp. Ltd.
|
184,836
|
|
|
7,277
|
Bharti Airtel Ltd.
|
134,956
|
|
|
104,977
|
Canara Bank
|
122,764
|
|
|
4,570
|
Cipla Ltd.
|
81,617
|
|
|
27,689
|
Coal India Ltd.
|
124,241
|
|
|
90
|
Coforge Ltd.
|
10,158
|
|
|
1,290
|
Coromandel International Ltd.
|
28,326
|
|
|
1,159
|
Cyient Ltd.
|
24,873
|
|
|
10,657
|
Dr. Reddy's Laboratories Ltd. ADR
|
168,274
|
|
|
6,087
|
Embassy Office Parks REIT
|
26,272
|
|
|
6,882
|
Federal Bank Ltd.
|
16,078
|
|
|
34,970
|
GAIL India Ltd.
|
78,008
|
|
|
1,349
|
Glenmark Pharmaceuticals Ltd.
|
25,354
|
|
|
12,009
|
HCL Technologies Ltd.
|
268,953
|
|
|
1,255
|
Hero MotoCorp Ltd.
|
60,990
|
|
|
17,003
|
Hindalco Industries Ltd.
|
119,647
|
|
|
10,460
|
Hindustan Petroleum Corp. Ltd.
|
49,940
|
|
|
203
|
Hindustan Unilever Ltd.
|
5,517
|
|
|
472
|
ICICI Bank Ltd. ADR
|
14,094
|
|
|
94,650
|
Indian Oil Corp. Ltd.
|
150,808
|
|
|
13,405
|
Indus Towers Ltd.*
|
53,517
|
|
|
9,962
|
Infosys Ltd. ADR(1)
|
218,367
|
|
|
15,046
|
ITC Ltd.
|
84,998
|
|
|
3,149
|
Jindal Stainless Ltd.
|
25,718
|
|
|
2,569
|
Jindal Steel & Power Ltd.
|
27,927
|
|
|
3,342
|
JSW Steel Ltd.
|
35,191
|
|
|
1,815
|
Larsen & Toubro Ltd.
|
76,482
|
|
|
3,430
|
Lupin Ltd.
|
94,378
|
|
|
4,860
|
Mahindra & Mahindra Ltd.
|
170,703
|
|
|
725
|
Maruti Suzuki India Ltd.
|
91,952
|
|
|
1,089
|
Max Healthcare Institute Ltd.
|
14,350
|
|
|
575
|
Mphasis Ltd.
|
19,122
|
|
|
19,630
|
National Aluminium Co. Ltd.
|
48,540
|
|
|
86,883
|
NMDC Ltd.
|
66,897
|
|
|
39,668
|
NTPC Ltd.
|
154,453
|
|
|
32,525
|
Oil & Natural Gas Corp. Ltd.
|
90,892
|
|
|
344
|
Persistent Systems Ltd.
|
25,947
|
|
|
7,492
|
Petronet LNG Ltd.
|
30,296
|
|
|
3,942
|
Power Finance Corp. Ltd.
|
20,651
|
|
|
43,020
|
Power Grid Corp. of India Ltd.
|
155,119
|
|
|
13,097
|
Punjab National Bank
|
15,723
|
|
|
1,321
|
REC Ltd.
|
7,726
|
|
|
13,385
|
Samvardhana Motherson International Ltd.
|
24,408
|
|
|
18,952
|
State Bank of India
|
175,975
|
|
|
8,230
|
Sun Pharmaceutical Industries Ltd.
|
181,334
|
|
|
3,889
|
Tata Consultancy Services Ltd.
|
186,006
|
|
|
20,058
|
Tata Motors Ltd.
|
173,406
|
|
|
12,424
|
Tata Steel Ltd.
|
20,033
|
|
|
|
19
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 97.1% - (continued)
|
|||
|
|
India - 16.3% - (continued)
|
||
|
6,055
|
Tech Mahindra Ltd.
|
$120,670
|
|
|
1,706
|
Torrent Pharmaceuticals Ltd.
|
66,955
|
|
|
73,224
|
Union Bank of India Ltd.
|
102,950
|
|
|
30,127
|
Vedanta Ltd.
|
156,400
|
|
|
18,626
|
Wipro Ltd. ADR(1)
|
65,936
|
|
|
|
|
|
4,873,957
|
|
|
Indonesia - 3.0%
|
||
|
784,700
|
Alamtri Resources Indonesia Tbk. PT
|
118,473
|
|
|
481,600
|
Astra International Tbk. PT
|
146,619
|
|
|
44,700
|
Bank Central Asia Tbk. PT
|
26,870
|
|
|
48,000
|
Bank Mandiri Persero Tbk. PT
|
16,999
|
|
|
369,800
|
Bank Negara Indonesia Persero Tbk. PT
|
99,946
|
|
|
292,100
|
Bank Rakyat Indonesia Persero Tbk. PT
|
74,046
|
|
|
230,700
|
Indofood Sukses Makmur Tbk. PT
|
110,369
|
|
|
882,200
|
Kalbe Farma Tbk. PT
|
74,544
|
|
|
656,300
|
Telkom Indonesia Persero Tbk. PT
|
110,505
|
|
|
65,500
|
United Tractors Tbk. PT
|
108,963
|
|
|
|
|
|
887,334
|
|
|
Malaysia - 3.7%
|
||
|
49,800
|
AMMB Holdings Bhd.
|
61,032
|
|
|
93,946
|
CIMB Group Holdings Bhd.
|
172,281
|
|
|
48,200
|
Gamuda Bhd.
|
51,094
|
|
|
14,200
|
Genting Bhd.
|
12,258
|
|
|
30,700
|
IHH Healthcare Bhd.
|
50,120
|
|
|
68,544
|
Malayan Banking Bhd.
|
156,970
|
|
|
3,000
|
MISC Bhd.
|
5,099
|
|
|
27,100
|
Petronas Chemicals Group Bhd.
|
31,333
|
|
|
5,300
|
Petronas Gas Bhd.
|
20,956
|
|
|
38,100
|
Public Bank Bhd.
|
38,854
|
|
|
51,394
|
RHB Bank Bhd.
|
74,479
|
|
|
80,900
|
Sime Darby Bhd.
|
42,698
|
|
|
93,500
|
Telekom Malaysia Bhd.
|
139,053
|
|
|
58,500
|
Tenaga Nasional Bhd.
|
195,458
|
|
|
62,100
|
YTL Power International Bhd.
|
61,385
|
|
|
|
|
|
1,113,070
|
|
|
Mexico - 1.9%
|
||
|
4,679
|
America Movil SAB de CV ADR
|
66,957
|
|
|
5,956
|
Arca Continental SAB de CV
|
49,421
|
|
|
754
|
Coca-Cola Femsa SAB de CV ADR
|
58,729
|
|
|
47,487
|
Fibra Uno Administracion SA de CV REIT
|
47,252
|
|
|
1,217
|
Fomento Economico Mexicano SAB de CV ADR
|
104,041
|
|
|
247
|
Gruma SAB de CV Class B
|
3,865
|
|
|
10,239
|
Grupo Financiero Banorte SAB de CV Class O
|
66,163
|
|
|
27,280
|
Grupo Mexico SAB de CV Class B
|
130,255
|
|
|
17,083
|
Prologis Property Mexico SA de CV REIT
|
47,463
|
|
|
|
|
|
574,146
|
|
|
Philippines - 2.0%
|
||
|
44,436
|
BDO Unibank, Inc.
|
110,620
|
|
|
29,280
|
International Container Terminal Services, Inc.
|
195,386
|
|
|
10,880
|
Manila Electric Co.
|
91,787
|
|
|
69,710
|
Metropolitan Bank & Trust Co.
|
86,768
|
|
|
4,785
|
PLDT, Inc.
|
107,124
|
|
|
|
|
|
591,685
|
|
|
Poland - 1.8%
|
||
|
3,865
|
Bank Polska Kasa Opieki SA
|
129,033
|
|
|
356
|
Grupa Kety SA
|
58,822
|
|
|
14
|
LPP SA
|
52,704
|
|
|
9,799
|
ORLEN SA
|
111,972
|
|
|
8,061
|
Powszechna Kasa Oszczednosci Bank Polski SA
|
116,624
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 97.1% - (continued)
|
|||
|
|
Poland - 1.8% - (continued)
|
||
|
4,561
|
Powszechny Zaklad Ubezpieczen SA
|
$50,616
|
|
|
251
|
Santander Bank Polska SA
|
27,807
|
|
|
|
|
|
547,578
|
|
|
Russia - 0.0%
|
||
|
70,980
|
Gazprom PJSC*(3)
|
—
|
|
|
3,097
|
Gazprom PJSC ADR*(3)
|
—
|
|
|
38,700
|
GMK Norilskiy Nickel PAO*(3)
|
—
|
|
|
310
|
LUKOIL PJSC*(3)
|
—
|
|
|
87
|
LUKOIL PJSC ADR*(3)
|
—
|
|
|
7
|
MMC Norilsk Nickel PJSC ADR*(3)
|
—
|
|
|
64,472
|
Sberbank of Russia PJSC*(3)
|
—
|
|
|
|
|
|
—
|
|
|
Saudi Arabia - 6.0%
|
||
|
3,198
|
Al Rajhi Bank
|
80,516
|
|
|
20,658
|
Arab National Bank
|
115,897
|
|
|
161
|
Arabian Internet & Communications Services Co.
|
11,569
|
|
|
22,399
|
Banque Saudi Fransi
|
94,427
|
|
|
576
|
Dr. Sulaiman Al Habib Medical Services Group Co.
|
42,985
|
|
|
207
|
Elm Co.
|
61,427
|
|
|
14,278
|
Etihad Etisalat Co.
|
202,918
|
|
|
18,347
|
Jarir Marketing Co.
|
61,817
|
|
|
379
|
Mouwasat Medical Services Co.
|
8,584
|
|
|
9,580
|
Riyad Bank
|
72,920
|
|
|
3,246
|
SABIC Agri-Nutrients Co.
|
95,892
|
|
|
19,216
|
Saudi Arabian Oil Co.(2)
|
143,453
|
|
|
1,498
|
Saudi Aramco Base Oil Co.
|
44,572
|
|
|
5,214
|
Saudi Awwal Bank
|
46,695
|
|
|
3,424
|
Saudi Basic Industries Corp.
|
61,055
|
|
|
14,491
|
Saudi Electricity Co.
|
65,177
|
|
|
43,946
|
Saudi Investment Bank
|
169,590
|
|
|
14,697
|
Saudi National Bank
|
130,643
|
|
|
26,938
|
Saudi Telecom Co.
|
286,773
|
|
|
|
|
|
1,796,910
|
|
|
South Africa - 2.1%
|
||
|
1,294
|
Aspen Pharmacare Holdings Ltd.
|
11,304
|
|
|
21,108
|
FirstRand Ltd.
|
84,969
|
|
|
10,565
|
Gold Fields Ltd. ADR
|
139,458
|
|
|
2,018
|
Harmony Gold Mining Co. Ltd. ADR
|
16,568
|
|
|
6,075
|
Mr. Price Group Ltd.
|
95,053
|
|
|
1,594
|
MTN Group Ltd.
|
7,771
|
|
|
2,633
|
Nedbank Group Ltd.
|
39,308
|
|
|
13,894
|
Old Mutual Ltd.
|
9,211
|
|
|
1,046
|
Shoprite Holdings Ltd.
|
16,325
|
|
|
13,708
|
Standard Bank Group Ltd.
|
161,096
|
|
|
7,180
|
Vodacom Group Ltd.
|
38,567
|
|
|
|
|
|
619,630
|
|
|
South Korea - 9.7%
|
||
|
433
|
CJ CheilJedang Corp.
|
75,150
|
|
|
4,626
|
Coway Co. Ltd.
|
210,223
|
|
|
1,966
|
DB Insurance Co. Ltd.
|
137,285
|
|
|
1,790
|
Hana Financial Group, Inc.
|
69,064
|
|
|
4,417
|
Hankook Tire & Technology Co. Ltd.
|
115,214
|
|
|
4,386
|
HMM Co. Ltd.
|
52,615
|
|
|
2,158
|
Hyundai Glovis Co. Ltd.
|
173,121
|
|
|
632
|
Hyundai Mobis Co. Ltd.
|
101,530
|
|
|
668
|
Hyundai Motor Co.
|
96,197
|
|
|
249
|
KB Financial Group, Inc.
|
14,022
|
|
|
3,621
|
Kia Corp.
|
247,688
|
|
|
3,306
|
Korean Air Lines Co. Ltd.
|
50,753
|
|
|
1,426
|
KT&G Corp.
|
103,742
|
|
|
1,403
|
LG Electronics, Inc.
|
79,578
|
|
|
1,059
|
LG Innotek Co. Ltd.
|
116,536
|
|
|
|
20
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 97.1% - (continued)
|
|||
|
|
South Korea - 9.7% - (continued)
|
||
|
344
|
LS Electric Co. Ltd.
|
$37,574
|
|
|
636
|
Samsung C&T Corp.
|
49,596
|
|
|
209
|
Samsung E&A Co. Ltd.*
|
2,350
|
|
|
1,295
|
Samsung Electro-Mechanics Co. Ltd.
|
108,903
|
|
|
5,472
|
Samsung Electronics Co. Ltd.
|
197,745
|
|
|
771
|
Samsung Fire & Marine Insurance Co. Ltd.
|
187,755
|
|
|
372
|
Samsung Life Insurance Co. Ltd.
|
23,955
|
|
|
75
|
Samsung SDI Co. Ltd.*
|
12,609
|
|
|
1,647
|
Samsung SDS Co. Ltd.
|
142,979
|
|
|
36
|
Samyang Foods Co. Ltd.
|
18,707
|
|
|
1,040
|
Shinhan Financial Group Co. Ltd.
|
33,662
|
|
|
1,406
|
SK Hynix, Inc.
|
166,086
|
|
|
6,068
|
SK Telecom Co. Ltd.
|
227,527
|
|
|
6,596
|
Woori Financial Group, Inc.
|
68,866
|
|
|
|
|
|
2,921,032
|
|
|
Taiwan - 19.0%
|
||
|
3,000
|
Accton Technology Corp.
|
70,735
|
|
|
27,000
|
Acer, Inc.
|
32,778
|
|
|
1,000
|
Advantech Co. Ltd.
|
10,569
|
|
|
48,000
|
ASE Technology Holding Co. Ltd.
|
237,185
|
|
|
8,000
|
Asustek Computer, Inc.
|
150,315
|
|
|
8,000
|
Catcher Technology Co. Ltd.
|
47,339
|
|
|
40,000
|
Cathay Financial Holding Co. Ltd.
|
83,332
|
|
|
30,000
|
Cheng Shin Rubber Industry Co. Ltd.
|
44,884
|
|
|
46,000
|
Chicony Electronics Co. Ltd.
|
213,271
|
|
|
19,000
|
Chunghwa Telecom Co. Ltd.
|
71,573
|
|
|
88,000
|
Compal Electronics, Inc.
|
101,060
|
|
|
60,000
|
CTBC Financial Holding Co. Ltd.
|
71,558
|
|
|
7,000
|
Delta Electronics, Inc.
|
91,918
|
|
|
110,000
|
Eva Airways Corp.
|
148,805
|
|
|
23,000
|
Evergreen Marine Corp. Taiwan Ltd.
|
157,849
|
|
|
10,000
|
Far EasTone Telecommunications Co. Ltd.
|
27,269
|
|
|
1,000
|
Globalwafers Co. Ltd.
|
11,637
|
|
|
53,224
|
Hon Hai Precision Industry Co. Ltd.
|
298,715
|
|
|
5,000
|
International Games System Co. Ltd.
|
148,546
|
|
|
51,000
|
King Yuan Electronics Co. Ltd.
|
173,451
|
|
|
500
|
Largan Precision Co. Ltd.
|
40,797
|
|
|
34,245
|
Lite-On Technology Corp.
|
103,933
|
|
|
2,000
|
Lotes Co. Ltd.
|
119,264
|
|
|
3,060
|
Makalot Industrial Co. Ltd.
|
29,961
|
|
|
5,000
|
MediaTek, Inc.
|
215,803
|
|
|
16,000
|
Micro-Star International Co. Ltd.
|
89,554
|
|
|
13,000
|
Novatek Microelectronics Corp.
|
199,057
|
|
|
70,000
|
Pegatron Corp.
|
196,221
|
|
|
141,000
|
Pou Chen Corp.
|
158,700
|
|
|
54,000
|
Powertech Technology, Inc.
|
200,949
|
|
|
5,000
|
President Chain Store Corp.
|
40,110
|
|
|
11,000
|
Quanta Computer, Inc.
|
96,295
|
|
|
50,000
|
Radiant Opto-Electronics Corp.
|
299,684
|
|
|
8,000
|
Realtek Semiconductor Corp.
|
138,602
|
|
|
16,000
|
Ruentex Development Co. Ltd.
|
20,937
|
|
|
27,000
|
Sino-American Silicon Products, Inc.
|
110,769
|
|
|
22,000
|
Synnex Technology International Corp.
|
47,510
|
|
|
50,000
|
Taiwan Business Bank
|
22,648
|
|
|
21,000
|
Taiwan Mobile Co. Ltd.
|
72,702
|
|
|
1,585
|
Taiwan Semiconductor Manufacturing Co. Ltd. ADR
|
313,022
|
|
|
26,000
|
Tripod Technology Corp.
|
156,629
|
|
|
2,000
|
Unimicron Technology Corp.
|
8,602
|
|
|
36,000
|
Uni-President Enterprises Corp.
|
88,835
|
|
|
117,000
|
United Microelectronics Corp.
|
153,635
|
|
|
28,379
|
Vanguard International Semiconductor Corp.
|
86,476
|
|
|
29,686
|
Wistron Corp.
|
94,171
|
|
|
20,000
|
WPG Holdings Ltd.
|
41,727
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 97.1% - (continued)
|
|||
|
|
Taiwan - 19.0% - (continued)
|
||
|
6,194
|
Yageo Corp.
|
$102,211
|
|
|
33,000
|
Yang Ming Marine Transport Corp.
|
76,198
|
|
|
50,000
|
Zhen Ding Technology Holding Ltd.
|
183,013
|
|
|
|
|
|
5,700,804
|
|
|
Thailand - 3.8%
|
||
|
32,561
|
Advanced Info Service PCL NVDR
|
274,087
|
|
|
178,100
|
Bangkok Dusit Medical Services PCL NVDR
|
127,979
|
|
|
4,800
|
Bumrungrad Hospital PCL NVDR
|
28,086
|
|
|
29,700
|
CP ALL PCL NVDR
|
48,564
|
|
|
20,500
|
Intouch Holdings PCL NVDR
|
58,322
|
|
|
26,000
|
Kasikornbank PCL NVDR
|
118,581
|
|
|
162,200
|
Krung Thai Bank PCL NVDR
|
99,903
|
|
|
25,400
|
PTT Exploration & Production PCL NVDR
|
88,652
|
|
|
109,200
|
PTT PCL NVDR
|
101,690
|
|
|
1,452,500
|
Sansiri PCL NVDR
|
76,683
|
|
|
17,600
|
SCB X PCL NVDR
|
60,654
|
|
|
1,275,500
|
TMBThanachart Bank PCL NVDR
|
69,583
|
|
|
|
|
|
1,152,784
|
|
|
Turkey - 2.9%
|
||
|
137,165
|
Akbank TAS
|
251,556
|
|
|
8,433
|
Anadolu Efes Biracilik Ve Malt Sanayii AS
|
45,694
|
|
|
9,117
|
BIM Birlesik Magazalar AS
|
136,263
|
|
|
16,234
|
Coca-Cola Icecek AS
|
27,523
|
|
|
24,101
|
KOC Holding AS
|
121,730
|
|
|
26,548
|
Mavi Giyim Sanayi Ve Ticaret AS Class B(2)
|
65,468
|
|
|
369,643
|
Turkiye Is Bankasi AS Class C
|
141,541
|
|
|
8,597
|
Turkiye Petrol Rafinerileri AS
|
34,500
|
|
|
65,716
|
Yapi ve Kredi Bankasi AS
|
56,906
|
|
|
|
|
|
881,181
|
|
|
United States - 0.3%
|
||
|
15,195
|
JBS SA
|
89,283
|
|
|
|
Total Common Stocks
(cost $26,754,671)
|
|
$29,130,650
|
|
PREFERRED STOCKS - 2.5%
|
|||
|
|
Brazil - 1.7%
|
||
|
69,782
|
Cia Energetica de Minas Gerais (Preference Shares)(4)
|
$125,493
|
|
|
35,531
|
Gerdau SA (Preference Shares)(4)
|
104,330
|
|
|
20,607
|
Itau Unibanco Holding SA (Preference Shares)(4)
|
102,504
|
|
|
17,886
|
Itausa SA (Preference Shares)(4)
|
25,564
|
|
|
26,677
|
Petroleo Brasileiro SA (Preference Shares)(4)
|
156,274
|
|
|
|
|
|
514,165
|
|
|
Chile - 0.4%
|
||
|
37,467
|
Embotelladora Andina SA (Preference Shares)(4)
|
113,962
|
|
|
|
Colombia - 0.4%
|
||
|
14,318
|
Bancolombia SA (Preference Shares)(4)
|
114,335
|
|
|
|
Total Preferred Stocks
(cost $752,870)
|
|
$742,462
|
|
|
Total Long-Term Investments
(cost $27,507,541)
|
|
$29,873,112
|
|
SHORT-TERM INVESTMENTS - 1.2%
|
|||
|
|
Securities Lending Collateral - 1.2%
|
||
|
59,176
|
Goldman Sachs Financial Square Funds,
Government Fund, Institutional Class, 4.39%(5)
|
$59,176
|
|
|
197,253
|
HSBC U.S. Government Money Market Fund,
Institutional Class, 4.41%(5)
|
197,253
|
|
|
46,411
|
Invesco Government & Agency Portfolio, Institutional
Class, 4.42%(5)
|
46,411
|
|
|
|
21
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
SHORT-TERM INVESTMENTS - 1.2% - (continued)
|
|||
|
|
Securities Lending Collateral - 1.2% - (continued)
|
||
|
59,176
|
Morgan Stanley Institutional Liquidity Funds,
Government Portfolio, Institutional Class, 4.42%(5)
|
$59,176
|
|
|
|
Total Short-Term Investments
(cost $362,016)
|
$362,016
|
|
|
|
Total Investments
(cost $27,869,557)
|
100.8
%
|
$30,235,128
|
|
|
Other Assets and Liabilities
|
(0.8
)%
|
(254,147
)
|
|
|
Net Assets
|
100.0
%
|
$29,980,981
|
|
*
|
Non-income producing.
|
|
(1)
|
Represents entire or partial securities on loan.
|
|
(2)
|
Security was purchased pursuant to Rule 144A under the Securities Act of 1933
and may be sold in transactions that are exempt from registration (typically only
to
qualified institutional buyers) or in a public offering registered under the Securities
Act of 1933. At December 31, 2024, the aggregate value of these securities was
$938,466, representing 3.1% of net assets.
|
|
(3)
|
Investment valued using significant unobservable inputs.
|
|
(4)
|
Currently no rate available.
|
|
(5)
|
Current yield as of period end.
|
|
Futures Contracts Outstanding at December 31, 2024
|
||||
|
Description
|
Number of
Contracts
|
Expiration
Date
|
Current
Notional
Amount
|
Value and
Unrealized
Appreciation/
(Depreciation)
|
|
Long position contracts:
|
||||
|
MSCI Emerging Markets Index Future
|
3
|
03/21/2025
|
$161,070
|
$(1,452
)
|
|
Total futures contracts
|
$(1,452
)
|
|||
|
|
22
|
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Brazil
|
$655,549
|
$655,549
|
$—
|
$—
|
|
Chile
|
226,863
|
226,863
|
—
|
—
|
|
China
|
6,469,209
|
6,469,209
|
—
|
—
|
|
Hong Kong
|
29,635
|
29,635
|
—
|
—
|
|
India
|
4,873,957
|
4,873,957
|
—
|
—
|
|
Indonesia
|
887,334
|
887,334
|
—
|
—
|
|
Malaysia
|
1,113,070
|
1,113,070
|
—
|
—
|
|
Mexico
|
574,146
|
574,146
|
—
|
—
|
|
Philippines
|
591,685
|
591,685
|
—
|
—
|
|
Poland
|
547,578
|
547,578
|
—
|
—
|
|
Russia
|
—
|
—
|
—
|
—
|
|
Saudi Arabia
|
1,796,910
|
1,796,910
|
—
|
—
|
|
South Africa
|
619,630
|
619,630
|
—
|
—
|
|
South Korea
|
2,921,032
|
2,921,032
|
—
|
—
|
|
Taiwan
|
5,700,804
|
5,700,804
|
—
|
—
|
|
Thailand
|
1,152,784
|
1,152,784
|
—
|
—
|
|
Turkey
|
881,181
|
881,181
|
—
|
—
|
|
United States
|
89,283
|
89,283
|
—
|
—
|
|
Preferred Stocks
|
742,462
|
742,462
|
—
|
—
|
|
Short-Term Investments
|
362,016
|
362,016
|
—
|
—
|
|
Total
|
$30,235,128
|
$30,235,128
|
$—
|
$—
|
|
Liabilities
|
|
|
|
|
|
Futures Contracts(2)
|
$(1,452
)
|
$(1,452
)
|
$—
|
$—
|
|
Total
|
$(1,452
)
|
$(1,452
)
|
$—
|
$—
|
|
(1)
|
For the period ended December 31, 2024, there were no transfers in and out of Level
3.
|
|
(2)
|
Derivative instruments (excluding purchased and written options, if applicable) are
valued at the unrealized appreciation/(depreciation) on the investments.
|
|
|
23
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6%
|
|||
|
|
Australia - 5.6%
|
||
|
10,240
|
Charter Hall Retail REIT
|
$19,971
|
|
|
2,038
|
Elders Ltd.
|
9,035
|
|
|
5,775
|
GrainCorp Ltd. Class A
|
26,245
|
|
|
1,856
|
McMillan Shakespeare Ltd.
|
17,237
|
|
|
5,371
|
Metcash Ltd.
|
10,309
|
|
|
1,527
|
New Hope Corp. Ltd.
|
4,689
|
|
|
7,263
|
NRW Holdings Ltd.
|
17,268
|
|
|
835
|
Premier Investments Ltd.
|
16,611
|
|
|
12,848
|
Region RE Ltd. REIT
|
16,467
|
|
|
4,092
|
Stanmore Resources Ltd.
|
7,626
|
|
|
4,107
|
Super Retail Group Ltd.
|
38,600
|
|
|
57,769
|
Tabcorp Holdings Ltd.
|
20,209
|
|
|
17,465
|
Ventia Services Group Pty. Ltd.
|
38,928
|
|
|
7,024
|
Yancoal Australia Ltd.
|
28,268
|
|
|
|
|
|
271,463
|
|
|
Belgium - 0.7%
|
||
|
182
|
Colruyt Group NV
|
6,830
|
|
|
4,206
|
Proximus SADP
|
21,885
|
|
|
134
|
Solvay SA
|
4,324
|
|
|
|
|
|
33,039
|
|
|
Brazil - 0.9%
|
||
|
5,356
|
Cia de Saneamento de Minas Gerais Copasa MG
|
18,051
|
|
|
13,196
|
Odontoprev SA
|
23,197
|
|
|
|
|
|
41,248
|
|
|
Canada - 6.9%
|
||
|
688
|
Aecon Group, Inc.
|
13,021
|
|
|
224
|
Atco Ltd. Class I
|
7,411
|
|
|
403
|
Capital Power Corp.
|
17,855
|
|
|
1,813
|
Cascades, Inc.
|
15,014
|
|
|
1,911
|
Choice Properties REIT
|
17,739
|
|
|
546
|
Cogeco Communications, Inc.
|
25,569
|
|
|
1,820
|
Empire Co. Ltd. Class A
|
55,541
|
|
|
130
|
Enghouse Systems Ltd.
|
2,449
|
|
|
499
|
IGM Financial, Inc.
|
15,929
|
|
|
615
|
Killam Apartment REIT
|
7,312
|
|
|
1,242
|
Mullen Group Ltd.
|
12,591
|
|
|
535
|
North West Co., Inc.
|
18,272
|
|
|
716
|
Quebecor, Inc. Class B
|
15,682
|
|
|
1,316
|
Russel Metals, Inc.
|
38,523
|
|
|
558
|
SmartCentres REIT
|
9,490
|
|
|
273
|
Spin Master Corp.(1)
|
6,429
|
|
|
464
|
Stella-Jones, Inc.
|
22,968
|
|
|
301
|
TransAlta Corp.
|
4,255
|
|
|
1,126
|
Transcontinental, Inc. Class A
|
14,539
|
|
|
440
|
Winpak Ltd.
|
14,602
|
|
|
|
|
|
335,191
|
|
|
China - 6.1%
|
||
|
14,000
|
Anhui Expressway Co. Ltd. Class H
|
19,320
|
|
|
2,000
|
China Medical System Holdings Ltd.
|
1,944
|
|
|
11,000
|
China Nonferrous Mining Corp. Ltd.
|
7,420
|
|
|
102,000
|
China Railway Signal & Communication Corp. Ltd.
Class H(1)
|
45,564
|
|
|
20,000
|
China Resources Pharmaceutical Group Ltd.(1)
|
14,676
|
|
|
26,000
|
China Traditional Chinese Medicine Holdings Co. Ltd.*
|
7,732
|
|
|
35,000
|
CITIC Telecom International Holdings Ltd.
|
10,498
|
|
|
24,000
|
Fufeng Group Ltd.
|
16,931
|
|
|
28,500
|
Genertec Universal Medical Group Co. Ltd.(1)
|
18,198
|
|
|
4,000
|
Guangzhou Baiyunshan Pharmaceutical Holdings Co.
Ltd. Class H
|
9,372
|
|
|
18,000
|
Jiangsu Expressway Co. Ltd. Class H
|
19,882
|
|
|
9,500
|
Kingboard Holdings Ltd.
|
22,845
|
|
|
4,200
|
Livzon Pharmaceutical Group, Inc. Class H
|
14,896
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
China - 6.1% - (continued)
|
||
|
53,733
|
Shougang Fushan Resources Group Ltd.
|
$17,362
|
|
|
39,000
|
Sinopec Engineering Group Co. Ltd. Class H
|
33,789
|
|
|
6,000
|
VSTECS Holdings Ltd.
|
4,016
|
|
|
11,000
|
Xinhua Winshare Publishing & Media Co. Ltd. Class H
|
16,710
|
|
|
8,000
|
Yuexiu Property Co. Ltd.
|
5,242
|
|
|
8,000
|
Zhejiang Expressway Co. Ltd. Class H
|
5,757
|
|
|
|
|
|
292,154
|
|
|
Denmark - 2.2%
|
||
|
927
|
D/S Norden AS
|
27,340
|
|
|
3,773
|
H Lundbeck AS
|
21,648
|
|
|
851
|
Spar Nord Bank AS
|
24,343
|
|
|
643
|
Sydbank AS
|
33,929
|
|
|
|
|
|
107,260
|
|
|
Finland - 0.2%
|
||
|
89
|
Kemira OYJ
|
1,799
|
|
|
691
|
Tokmanni Group Corp.
|
8,665
|
|
|
|
|
|
10,464
|
|
|
France - 2.4%
|
||
|
550
|
Imerys SA
|
16,060
|
|
|
271
|
IPSOS SA
|
12,886
|
|
|
1,682
|
Mercialys SA REIT
|
17,609
|
|
|
1,483
|
Rubis SCA
|
36,671
|
|
|
321
|
Societe BIC SA
|
21,207
|
|
|
12
|
Trigano SA
|
1,520
|
|
|
371
|
Verallia SA(1)
|
9,328
|
|
|
|
|
|
115,281
|
|
|
Georgia - 0.8%
|
||
|
512
|
Bank of Georgia Group PLC
|
30,202
|
|
|
256
|
TBC Bank Group PLC
|
10,003
|
|
|
|
|
|
40,205
|
|
|
Germany - 2.5%
|
||
|
596
|
Bilfinger SE
|
28,543
|
|
|
964
|
Freenet AG
|
27,491
|
|
|
56
|
Krones AG
|
6,959
|
|
|
300
|
Mutares SE & Co. KGaA
|
7,456
|
|
|
187
|
SAF-Holland SE
|
2,862
|
|
|
3,001
|
Schaeffler AG*
|
13,181
|
|
|
11,474
|
Sirius Real Estate Ltd. REIT
|
11,280
|
|
|
2,073
|
Suedzucker AG
|
22,282
|
|
|
|
|
|
120,054
|
|
|
Hong Kong - 4.1%
|
||
|
11,000
|
Bank of East Asia Ltd.
|
13,962
|
|
|
34,500
|
Grand Pharmaceutical Group Ltd.
|
21,318
|
|
|
12,500
|
Kerry Properties Ltd.
|
25,039
|
|
|
3,000
|
Luk Fook Holdings International Ltd.
|
5,538
|
|
|
12,000
|
PCCW Ltd.
|
6,983
|
|
|
10,500
|
Stella International Holdings Ltd.
|
22,060
|
|
|
38,000
|
United Laboratories International Holdings Ltd.
|
60,464
|
|
|
4,000
|
VTech Holdings Ltd.
|
27,189
|
|
|
16,000
|
Wasion Holdings Ltd.
|
14,686
|
|
|
|
|
|
197,239
|
|
|
India - 6.3%
|
||
|
194
|
Ajanta Pharma Ltd.
|
6,644
|
|
|
2,424
|
Alembic Pharmaceuticals Ltd.
|
30,189
|
|
|
326
|
Bombay Burmah Trading Co.
|
8,075
|
|
|
7,970
|
Chambal Fertilisers & Chemicals Ltd.
|
45,983
|
|
|
816
|
Chennai Petroleum Corp. Ltd.
|
5,965
|
|
|
4,071
|
CMS Info Systems Ltd.
|
23,321
|
|
|
5,045
|
EID Parry India Ltd.*
|
52,660
|
|
|
2,047
|
GHCL Ltd.
|
17,299
|
|
|
|
24
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
India - 6.3% - (continued)
|
||
|
45
|
GlaxoSmithKline Pharmaceuticals Ltd.
|
$1,184
|
|
|
4,110
|
Karur Vysya Bank Ltd.
|
10,424
|
|
|
2,323
|
Mahanagar Gas Ltd.(2)
|
34,850
|
|
|
916
|
Natco Pharma Ltd.
|
14,843
|
|
|
8,425
|
Redington Ltd.
|
19,688
|
|
|
3,393
|
Time Technoplast Ltd.
|
19,562
|
|
|
1,274
|
Welspun Corp. Ltd.
|
12,110
|
|
|
|
|
|
302,797
|
|
|
Indonesia - 2.8%
|
||
|
160,400
|
Bank Tabungan Negara Persero Tbk. PT
|
11,361
|
|
|
149,300
|
Bukit Asam Tbk. PT
|
25,509
|
|
|
82,200
|
Golden Agri-Resources Ltd.
|
15,968
|
|
|
10,400
|
Indo Tambangraya Megah Tbk. PT
|
17,252
|
|
|
76,800
|
Japfa Comfeed Indonesia Tbk. PT
|
9,257
|
|
|
181,800
|
Mitra Adiperkasa Tbk. PT
|
15,927
|
|
|
420,000
|
Perusahaan Gas Negara Tbk. PT
|
41,491
|
|
|
|
|
|
136,765
|
|
|
Israel - 1.6%
|
||
|
458
|
Ituran Location & Control Ltd.
|
14,266
|
|
|
1,471
|
Plus500 Ltd.
|
49,889
|
|
|
213
|
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.
|
14,451
|
|
|
|
|
|
78,606
|
|
|
Italy - 0.5%
|
||
|
556
|
ACEA SpA
|
10,755
|
|
|
6,395
|
Iren SpA
|
12,708
|
|
|
|
|
|
23,463
|
|
|
Japan - 17.3%
|
||
|
600
|
Adastria Co. Ltd.
|
13,229
|
|
|
400
|
Aeon Delight Co. Ltd.
|
11,059
|
|
|
400
|
Alpen Co. Ltd.
|
5,330
|
|
|
100
|
Amano Corp.
|
2,727
|
|
|
500
|
Arcs Co. Ltd.
|
8,284
|
|
|
200
|
Artience Co. Ltd.
|
4,015
|
|
|
2,700
|
Asanuma Corp.
|
11,476
|
|
|
1,400
|
Autobacs Seven Co. Ltd.
|
13,077
|
|
|
300
|
Avex, Inc.
|
2,741
|
|
|
700
|
BML, Inc.
|
12,943
|
|
|
1,100
|
Bunka Shutter Co. Ltd.
|
13,613
|
|
|
1,100
|
Canon Marketing Japan, Inc.
|
36,186
|
|
|
600
|
Chubu Steel Plate Co. Ltd.
|
9,445
|
|
|
100
|
Chugoku Marine Paints Ltd.
|
1,508
|
|
|
3,200
|
Citizen Watch Co. Ltd.
|
19,018
|
|
|
1,100
|
DCM Holdings Co. Ltd.
|
10,023
|
|
|
300
|
Duskin Co. Ltd.
|
7,086
|
|
|
100
|
DyDo Group Holdings, Inc.
|
2,100
|
|
|
2,300
|
EDION Corp.
|
26,211
|
|
|
2,000
|
Geo Holdings Corp.
|
21,023
|
|
|
500
|
Glory Ltd.
|
8,256
|
|
|
2,300
|
H.U. Group Holdings, Inc.
|
37,450
|
|
|
1,000
|
Happinet Corp.
|
30,574
|
|
|
400
|
Heiwado Co. Ltd.
|
5,839
|
|
|
200
|
Hogy Medical Co. Ltd.
|
6,045
|
|
|
1,100
|
Honeys Holdings Co. Ltd.
|
11,528
|
|
|
300
|
Inaba Denki Sangyo Co. Ltd.
|
7,477
|
|
|
400
|
Juroku Financial Group, Inc.
|
10,893
|
|
|
800
|
Kaga Electronics Co. Ltd.
|
14,737
|
|
|
300
|
Kaken Pharmaceutical Co. Ltd.
|
8,615
|
|
|
1,000
|
Kandenko Co. Ltd.
|
14,743
|
|
|
700
|
Kanematsu Corp.
|
11,727
|
|
|
300
|
Kohnan Shoji Co. Ltd.
|
6,872
|
|
|
1,100
|
Kokuyo Co. Ltd.
|
19,577
|
|
|
700
|
Komeri Co. Ltd.
|
14,721
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
Japan - 17.3% - (continued)
|
||
|
600
|
K's Holdings Corp.
|
$5,375
|
|
|
400
|
Kurimoto Ltd.
|
11,122
|
|
|
400
|
Lintec Corp.
|
7,801
|
|
|
900
|
MEITEC Group Holdings, Inc.
|
16,979
|
|
|
100
|
METAWATER Co. Ltd.
|
1,157
|
|
|
900
|
Mirait One Corp.
|
13,183
|
|
|
1,700
|
MIXI, Inc.
|
32,992
|
|
|
300
|
Nippn Corp.
|
4,173
|
|
|
1,700
|
Nippon Gas Co. Ltd.
|
23,462
|
|
|
100
|
Nisshin Oillio Group Ltd.
|
3,290
|
|
|
600
|
Nojima Corp.
|
8,746
|
|
|
500
|
Okamura Corp.
|
6,563
|
|
|
200
|
Paramount Bed Holdings Co. Ltd.
|
3,445
|
|
|
500
|
Raito Kogyo Co. Ltd.
|
7,063
|
|
|
3,300
|
Rengo Co. Ltd.
|
18,394
|
|
|
400
|
San-A Co. Ltd.
|
7,396
|
|
|
400
|
Sangetsu Corp.
|
7,620
|
|
|
300
|
Sanki Engineering Co. Ltd.
|
6,042
|
|
|
1,500
|
Sankyo Co. Ltd.
|
20,310
|
|
|
1,000
|
Senko Group Holdings Co. Ltd.
|
9,481
|
|
|
7,700
|
Senshu Ikeda Holdings, Inc.
|
19,402
|
|
|
1,100
|
SKY Perfect JSAT Holdings, Inc.
|
6,362
|
|
|
100
|
Suzuken Co. Ltd.
|
3,014
|
|
|
200
|
Taikisha Ltd.
|
6,363
|
|
|
400
|
Tama Home Co. Ltd.
|
9,074
|
|
|
500
|
Tamron Co. Ltd.
|
14,301
|
|
|
100
|
TKC Corp.
|
2,418
|
|
|
600
|
Toho Holdings Co. Ltd.
|
16,302
|
|
|
2,100
|
TOKAI Holdings Corp.
|
12,975
|
|
|
700
|
Tokyo Kiraboshi Financial Group, Inc.
|
20,310
|
|
|
100
|
Totetsu Kogyo Co. Ltd.
|
2,138
|
|
|
200
|
Transcosmos, Inc.
|
4,257
|
|
|
600
|
TV Asahi Holdings Corp.
|
8,754
|
|
|
400
|
Tv Tokyo Holdings Corp.
|
8,221
|
|
|
300
|
Uchida Yoko Co. Ltd.
|
13,324
|
|
|
900
|
United Super Markets Holdings, Inc.
|
4,318
|
|
|
800
|
Valor Holdings Co. Ltd.
|
11,158
|
|
|
1,000
|
Yellow Hat Ltd.
|
17,091
|
|
|
|
|
|
834,524
|
|
|
Jordan - 0.9%
|
||
|
1,836
|
Hikma Pharmaceuticals PLC
|
45,827
|
|
|
|
Malaysia - 2.3%
|
||
|
11,300
|
Alliance Bank Malaysia Bhd.
|
12,231
|
|
|
22,800
|
Bermaz Auto Bhd.
|
8,158
|
|
|
40,200
|
IOI Properties Group Bhd.
|
20,138
|
|
|
46,200
|
Kossan Rubber Industries Bhd.
|
29,240
|
|
|
80,800
|
MBSB Bhd.
|
13,372
|
|
|
29,300
|
Pavilion REIT
|
10,157
|
|
|
2,600
|
United Plantations Bhd.
|
18,072
|
|
|
|
|
|
111,368
|
|
|
Mexico - 0.4%
|
||
|
14,092
|
FIBRA Macquarie Mexico REIT(1)
|
20,569
|
|
|
|
Netherlands - 0.1%
|
||
|
104
|
Koninklijke Vopak NV
|
4,577
|
|
|
|
Norway - 0.9%
|
||
|
12,089
|
MPC Container Ships ASA
|
22,065
|
|
|
762
|
Odfjell SE Class A
|
7,837
|
|
|
455
|
Stolt-Nielsen Ltd.
|
11,578
|
|
|
|
|
|
41,480
|
|
|
25
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
Poland - 0.3%
|
||
|
625
|
Asseco Poland SA
|
$14,556
|
|
|
|
Portugal - 0.5%
|
||
|
6,156
|
Navigator Co. SA
|
22,885
|
|
|
369
|
NOS SGPS SA
|
1,272
|
|
|
|
|
|
24,157
|
|
|
Singapore - 1.3%
|
||
|
45,000
|
Geo Energy Resources Ltd.
|
9,731
|
|
|
50,100
|
Keppel REIT
|
31,950
|
|
|
12,300
|
Sheng Siong Group Ltd.
|
14,787
|
|
|
25,200
|
Yangzijiang Financial Holding Ltd.
|
7,666
|
|
|
|
|
|
64,134
|
|
|
South Korea - 6.1%
|
||
|
186
|
BGF retail Co. Ltd.
|
12,951
|
|
|
2,321
|
Cheil Worldwide, Inc.
|
26,724
|
|
|
352
|
CJ Corp.
|
23,695
|
|
|
303
|
Daesang Corp.
|
3,950
|
|
|
313
|
Fila Holdings Corp.
|
8,568
|
|
|
1,459
|
Hyundai Marine & Fire Insurance Co. Ltd.
|
24,479
|
|
|
3,474
|
JB Financial Group Co. Ltd.
|
38,418
|
|
|
3,555
|
Korean Reinsurance Co.
|
19,198
|
|
|
1,627
|
KT Corp.
|
48,462
|
|
|
75
|
LOTTE Fine Chemical Co. Ltd.
|
2,005
|
|
|
68
|
MegaStudyEdu Co. Ltd.
|
2,023
|
|
|
151
|
NongShim Co. Ltd.
|
38,362
|
|
|
404
|
S-1 Corp.
|
16,246
|
|
|
997
|
Youngone Corp.
|
28,715
|
|
|
|
|
|
293,796
|
|
|
Spain - 2.4%
|
||
|
938
|
Acerinox SA
|
9,179
|
|
|
35
|
Laboratorios Farmaceuticos Rovi SA
|
2,282
|
|
|
1,443
|
Logista Integral SA
|
43,631
|
|
|
17,295
|
Mapfre SA
|
43,805
|
|
|
243
|
Viscofan SA
|
15,349
|
|
|
|
|
|
114,246
|
|
|
Sweden - 0.5%
|
||
|
659
|
Arjo AB Class B
|
2,162
|
|
|
1,704
|
Betsson AB Class B*
|
22,146
|
|
|
|
|
|
24,308
|
|
|
Switzerland - 5.1%
|
||
|
76
|
Allreal Holding AG
|
13,888
|
|
|
31
|
ALSO Holding AG
|
7,662
|
|
|
163
|
BKW AG
|
27,015
|
|
|
37
|
Bucher Industries AG
|
13,310
|
|
|
482
|
DKSH Holding AG
|
35,794
|
|
|
22
|
dormakaba Holding AG
|
15,634
|
|
|
3
|
Forbo Holding AG
|
2,499
|
|
|
563
|
Galenica AG(1)
|
46,189
|
|
|
36
|
Mobimo Holding AG
|
11,639
|
|
|
300
|
PSP Swiss Property AG
|
42,671
|
|
|
204
|
Swiss Prime Site AG
|
22,240
|
|
|
59
|
Valiant Holding AG
|
6,875
|
|
|
|
|
|
245,416
|
|
|
Taiwan - 9.4%
|
||
|
3,000
|
Acter Group Corp. Ltd.
|
33,995
|
|
|
7,000
|
Arcadyan Technology Corp.
|
37,472
|
|
|
33,000
|
Cathay Real Estate Development Co. Ltd.
|
24,158
|
|
|
1,000
|
Cheng Uei Precision Industry Co. Ltd.
|
2,214
|
|
|
5,000
|
Chicony Power Technology Co. Ltd.
|
18,225
|
|
|
1,000
|
Coretronic Corp.
|
2,855
|
|
|
12,000
|
Da-Li Development Co. Ltd.
|
16,197
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
Taiwan - 9.4% - (continued)
|
||
|
2,000
|
Farglory Land Development Co. Ltd.
|
$4,508
|
|
|
2,000
|
FLEXium Interconnect, Inc.
|
3,923
|
|
|
12,000
|
Getac Holdings Corp.
|
38,799
|
|
|
2,000
|
Grape King Bio Ltd.
|
9,120
|
|
|
15,720
|
Hannstar Board Corp.
|
25,509
|
|
|
3,400
|
Huaku Development Co. Ltd.
|
11,823
|
|
|
18,000
|
Primax Electronics Ltd.
|
41,727
|
|
|
7,000
|
Shinkong Insurance Co. Ltd.
|
22,739
|
|
|
2,000
|
Simplo Technology Co. Ltd.
|
24,219
|
|
|
11,000
|
Sinon Corp.
|
14,495
|
|
|
10,000
|
Supreme Electronics Co. Ltd.
|
18,088
|
|
|
7,000
|
Systex Corp.
|
30,853
|
|
|
4,088
|
Taiwan Hon Chuan Enterprise Co. Ltd.
|
18,392
|
|
|
4,000
|
Taiwan Sakura Corp.
|
10,200
|
|
|
2,000
|
Topco Scientific Co. Ltd.
|
17,081
|
|
|
13,000
|
Tung Ho Steel Enterprise Corp.
|
26,924
|
|
|
|
|
|
453,516
|
|
|
Thailand - 2.5%
|
||
|
67,500
|
AP Thailand PCL NVDR
|
16,036
|
|
|
268,300
|
Chularat Hospital PCL NVDR
|
19,201
|
|
|
12,100
|
Mega Lifesciences PCL NVDR
|
11,800
|
|
|
151,800
|
Quality Houses PCL NVDR
|
7,658
|
|
|
12,000
|
Regional Container Lines PCL NVDR
|
9,943
|
|
|
25,300
|
Supalai PCL NVDR
|
13,505
|
|
|
16,700
|
Thanachart Capital PCL NVDR
|
24,735
|
|
|
30,500
|
Tipco Asphalt PCL NVDR
|
16,192
|
|
|
|
|
|
119,070
|
|
|
Turkey - 1.5%
|
||
|
4,876
|
Dogus Otomotiv Servis ve Ticaret AS
|
26,724
|
|
|
25,137
|
Torunlar Gayrimenkul Yatirim Ortakligi AS REIT
|
45,318
|
|
|
|
|
|
72,042
|
|
|
United Kingdom - 4.0%
|
||
|
1,028
|
Computacenter PLC
|
27,346
|
|
|
348
|
Drax Group PLC
|
2,824
|
|
|
2,294
|
Halfords Group PLC
|
3,764
|
|
|
4,047
|
Mears Group PLC
|
18,348
|
|
|
497
|
Morgan Sindall Group PLC
|
24,275
|
|
|
3,069
|
Pagegroup PLC
|
13,207
|
|
|
4,215
|
QinetiQ Group PLC
|
21,928
|
|
|
13,561
|
Serco Group PLC
|
25,696
|
|
|
5,312
|
Serica Energy PLC
|
8,995
|
|
|
2,659
|
Shaftesbury Capital PLC REIT
|
4,179
|
|
|
90
|
Spectris PLC
|
2,827
|
|
|
741
|
Telecom Plus PLC
|
15,944
|
|
|
496
|
TORM PLC Class A
|
9,532
|
|
|
2,608
|
Vesuvius PLC
|
13,816
|
|
|
|
|
|
192,681
|
|
|
United States - 0.5%
|
||
|
1,014
|
Signify NV(1)
|
22,659
|
|
|
|
Total Common Stocks
(cost $4,860,453)
|
|
$4,804,155
|
|
PREFERRED STOCKS - 0.1%
|
|||
|
|
Brazil - 0.1%
|
||
|
2,353
|
Banco do Estado do Rio Grande do Sul SA (Preference
Shares)(3)
|
$3,885
|
|
|
|
26
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
PREFERRED STOCKS - 0.1% - (continued)
|
|||
|
|
Germany - 0.0%
|
||
|
31
|
FUCHS SE (Preference Shares)(3)
|
$1,337
|
|
|
|
Total Preferred Stocks
(cost $5,798)
|
|
$5,222
|
|
|
Total Long-Term Investments
(cost $4,866,251)
|
|
$4,809,377
|
|
|
Total Investments
(cost $4,866,251)
|
99.7
%
|
$4,809,377
|
|
|
Other Assets and Liabilities
|
0.3
%
|
15,481
|
|
|
Net Assets
|
100.0
%
|
$4,824,858
|
|
*
|
Non-income producing.
|
|
(1)
|
Security was purchased pursuant to Rule 144A under the Securities Act of 1933
and may be sold in transactions that are exempt from registration (typically only
to
qualified institutional buyers) or in a public offering registered under the Securities
Act of 1933. At December 31, 2024, the aggregate value of these securities was
$183,612, representing 3.8% of net assets.
|
|
(2)
|
Security is exempt from registration under Regulation S under the Securities Act of
1933, which exempts from registration securities offered and sold outside of the
United States. Security may not be offered or sold in the United States except
pursuant to an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act of 1933. At December 31, 2024, the aggregate
value of this security was $34,850, representing 0.7% of net assets.
|
|
(3)
|
Currently no rate available.
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Australia
|
$271,463
|
$271,463
|
$—
|
$—
|
|
Belgium
|
33,039
|
33,039
|
—
|
—
|
|
Brazil
|
41,248
|
41,248
|
—
|
—
|
|
Canada
|
335,191
|
335,191
|
—
|
—
|
|
China
|
292,154
|
292,154
|
—
|
—
|
|
Denmark
|
107,260
|
107,260
|
—
|
—
|
|
Finland
|
10,464
|
10,464
|
—
|
—
|
|
France
|
115,281
|
115,281
|
—
|
—
|
|
Georgia
|
40,205
|
40,205
|
—
|
—
|
|
Germany
|
120,054
|
120,054
|
—
|
—
|
|
Hong Kong
|
197,239
|
197,239
|
—
|
—
|
|
India
|
302,797
|
302,797
|
—
|
—
|
|
Indonesia
|
136,765
|
136,765
|
—
|
—
|
|
Israel
|
78,606
|
78,606
|
—
|
—
|
|
Italy
|
23,463
|
23,463
|
—
|
—
|
|
Japan
|
834,524
|
834,524
|
—
|
—
|
|
Jordan
|
45,827
|
45,827
|
—
|
—
|
|
Malaysia
|
111,368
|
111,368
|
—
|
—
|
|
Mexico
|
20,569
|
20,569
|
—
|
—
|
|
Netherlands
|
4,577
|
4,577
|
—
|
—
|
|
Norway
|
41,480
|
41,480
|
—
|
—
|
|
Poland
|
14,556
|
14,556
|
—
|
—
|
|
Portugal
|
24,157
|
24,157
|
—
|
—
|
|
Singapore
|
64,134
|
64,134
|
—
|
—
|
|
South Korea
|
293,796
|
293,796
|
—
|
—
|
|
Spain
|
114,246
|
114,246
|
—
|
—
|
|
Sweden
|
24,308
|
24,308
|
—
|
—
|
|
Switzerland
|
245,416
|
245,416
|
—
|
—
|
|
Taiwan
|
453,516
|
453,516
|
—
|
—
|
|
Thailand
|
119,070
|
119,070
|
—
|
—
|
|
Turkey
|
72,042
|
72,042
|
—
|
—
|
|
United Kingdom
|
192,681
|
192,681
|
—
|
—
|
|
United States
|
22,659
|
22,659
|
—
|
—
|
|
Preferred Stocks
|
5,222
|
5,222
|
—
|
—
|
|
Total
|
$4,809,377
|
$4,809,377
|
$—
|
$—
|
|
(1)
|
For the period ended December 31, 2024, there were no transfers in and out of Level
3.
|
|
|
27
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6%
|
|||
|
|
Automobiles & Components - 1.6%
|
||
|
1,891
|
Patrick Industries, Inc.
|
$157,104
|
|
|
4,233
|
Phinia, Inc.
|
203,903
|
|
|
5,002
|
Standard Motor Products, Inc.
|
154,962
|
|
|
379
|
Winnebago Industries, Inc.
|
18,109
|
|
|
|
|
|
534,078
|
|
|
Banks - 13.0%
|
||
|
1,113
|
Ameris Bancorp
|
69,640
|
|
|
1,669
|
Arrow Financial Corp.
|
47,917
|
|
|
1,820
|
Associated Banc-Corp.
|
43,498
|
|
|
1,310
|
Banner Corp.
|
87,469
|
|
|
266
|
Business First Bancshares, Inc.
|
6,836
|
|
|
2,045
|
Cathay General Bancorp
|
97,362
|
|
|
7,196
|
Central Pacific Financial Corp.
|
209,044
|
|
|
307
|
City Holding Co.
|
36,373
|
|
|
1,191
|
Community Trust Bancorp, Inc.
|
63,159
|
|
|
474
|
Customers Bancorp, Inc.*
|
23,074
|
|
|
1,128
|
Enterprise Financial Services Corp.
|
63,619
|
|
|
4,538
|
First BanCorp
|
84,361
|
|
|
108
|
First Bancorp/Southern Pines NC
|
4,749
|
|
|
3,716
|
First Busey Corp.
|
87,586
|
|
|
508
|
First Commonwealth Financial Corp.
|
8,595
|
|
|
3,171
|
First Financial Bancorp
|
85,237
|
|
|
1,778
|
First Financial Corp.
|
82,126
|
|
|
2,497
|
First Hawaiian, Inc.
|
64,797
|
|
|
1,679
|
First Merchants Corp.
|
66,975
|
|
|
4,670
|
Fulton Financial Corp.
|
90,038
|
|
|
185
|
Great Southern Bancorp, Inc.
|
11,045
|
|
|
5,853
|
Hanmi Financial Corp.
|
138,248
|
|
|
1,248
|
Heartland Financial USA, Inc.
|
76,509
|
|
|
20,408
|
Heritage Commerce Corp.
|
191,427
|
|
|
2,498
|
Heritage Financial Corp.
|
61,201
|
|
|
1,042
|
Hilltop Holdings, Inc.
|
29,832
|
|
|
208
|
HomeTrust Bancshares, Inc.
|
7,005
|
|
|
20,531
|
Hope Bancorp, Inc.
|
252,326
|
|
|
3,840
|
Independent Bank Corp.
|
133,747
|
|
|
2,032
|
International Bancshares Corp.
|
128,341
|
|
|
3,358
|
Midland States Bancorp, Inc.
|
81,935
|
|
|
1,349
|
National Bank Holdings Corp. Class A
|
58,088
|
|
|
1,386
|
NBT Bancorp, Inc.
|
66,195
|
|
|
4,423
|
Northwest Bancshares, Inc.
|
58,339
|
|
|
1,986
|
OceanFirst Financial Corp.
|
35,947
|
|
|
4,434
|
OFG Bancorp
|
187,647
|
|
|
281
|
Park National Corp.
|
48,172
|
|
|
3,186
|
Peoples Bancorp, Inc.
|
100,964
|
|
|
2,575
|
Preferred Bank
|
222,429
|
|
|
3,260
|
Premier Financial Corp.
|
83,358
|
|
|
1,018
|
Renasant Corp.
|
36,394
|
|
|
2,847
|
S&T Bancorp, Inc.
|
108,812
|
|
|
1,988
|
Sandy Spring Bancorp, Inc.
|
67,016
|
|
|
614
|
Simmons First National Corp. Class A
|
13,619
|
|
|
1,457
|
Stellar Bancorp, Inc.
|
41,306
|
|
|
3,864
|
Towne Bank
|
131,608
|
|
|
779
|
TriCo Bancshares
|
34,042
|
|
|
4,163
|
TrustCo Bank Corp.
|
138,670
|
|
|
1,094
|
Trustmark Corp.
|
38,695
|
|
|
2,856
|
Univest Financial Corp.
|
84,281
|
|
|
6,163
|
Veritex Holdings, Inc.
|
167,387
|
|
|
260
|
WaFd, Inc.
|
8,382
|
|
|
2,415
|
WesBanco, Inc.
|
78,584
|
|
|
|
|
|
4,244,006
|
|
|
Capital Goods - 7.6%
|
||
|
70
|
Alamo Group, Inc.
|
13,014
|
|
|
456
|
American Woodmark Corp.*
|
36,266
|
|
|
2,576
|
Apogee Enterprises, Inc.
|
183,952
|
|
|
1,416
|
Argan, Inc.
|
194,049
|
|
|
1,417
|
Atmus Filtration Technologies, Inc.
|
55,518
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
Capital Goods - 7.6% - (continued)
|
||
|
807
|
Blue Bird Corp.*
|
$31,174
|
|
|
2,963
|
DNOW, Inc.*
|
38,549
|
|
|
1,069
|
DXP Enterprises, Inc.*
|
88,321
|
|
|
1,050
|
Global Industrial Co.
|
26,030
|
|
|
2,862
|
GMS, Inc.*
|
242,783
|
|
|
4,113
|
Hyster-Yale, Inc.
|
209,475
|
|
|
788
|
IES Holdings, Inc.*
|
158,356
|
|
|
3,075
|
Karat Packaging, Inc.
|
93,050
|
|
|
134
|
Limbach Holdings, Inc.*
|
11,462
|
|
|
1,681
|
LSI Industries, Inc.
|
32,645
|
|
|
1,914
|
Masterbrand, Inc.*
|
27,964
|
|
|
2,596
|
Miller Industries, Inc.
|
169,675
|
|
|
4,186
|
MRC Global, Inc.*
|
53,497
|
|
|
713
|
Preformed Line Products Co.
|
91,114
|
|
|
3,210
|
Quanex Building Products Corp.
|
77,810
|
|
|
5,343
|
REV Group, Inc.
|
170,281
|
|
|
6,187
|
Rush Enterprises, Inc. Class A
|
338,986
|
|
|
948
|
Tennant Co.
|
77,290
|
|
|
4,070
|
Wabash National Corp.
|
69,719
|
|
|
|
|
|
2,490,980
|
|
|
Commercial & Professional Services - 6.1%
|
||
|
1,655
|
ABM Industries, Inc.
|
84,704
|
|
|
3,408
|
Barrett Business Services, Inc.
|
148,043
|
|
|
2,951
|
Brady Corp. Class A
|
217,931
|
|
|
2,956
|
Civeo Corp.
|
67,160
|
|
|
1,310
|
CSG Systems International, Inc.
|
66,954
|
|
|
1,942
|
Deluxe Corp.
|
43,870
|
|
|
6,143
|
Ennis, Inc.
|
129,556
|
|
|
3,516
|
Heidrick & Struggles International, Inc.
|
155,794
|
|
|
5,815
|
HNI Corp.
|
292,902
|
|
|
3,494
|
Kelly Services, Inc. Class A
|
48,706
|
|
|
2,592
|
Kforce, Inc.
|
146,966
|
|
|
468
|
ManpowerGroup, Inc.
|
27,013
|
|
|
1,437
|
RCM Technologies, Inc.*
|
31,844
|
|
|
12,192
|
Resources Connection, Inc.
|
103,998
|
|
|
21,141
|
Steelcase, Inc. Class A
|
249,887
|
|
|
295
|
UniFirst Corp.
|
50,472
|
|
|
11,261
|
Virco Mfg. Corp.
|
115,425
|
|
|
|
|
|
1,981,225
|
|
|
Consumer Discretionary Distribution & Retail - 5.3%
|
||
|
848
|
A-Mark Precious Metals, Inc.
|
23,235
|
|
|
7,066
|
Buckle, Inc.
|
359,023
|
|
|
2,966
|
Build-A-Bear Workshop, Inc.
|
136,555
|
|
|
3,009
|
Caleres, Inc.
|
69,688
|
|
|
596
|
Dillard's, Inc. Class A(1)
|
257,317
|
|
|
5,345
|
Haverty Furniture Cos., Inc.
|
118,980
|
|
|
5,924
|
J Jill, Inc.
|
163,621
|
|
|
1,995
|
Kohl's Corp.(1)
|
28,010
|
|
|
10,433
|
Nordstrom, Inc.
|
251,957
|
|
|
946
|
ODP Corp.*
|
21,512
|
|
|
56
|
Penske Automotive Group, Inc.
|
8,537
|
|
|
1,094
|
Shoe Carnival, Inc.
|
36,190
|
|
|
748
|
Signet Jewelers Ltd.
|
60,371
|
|
|
6,250
|
Upbound Group, Inc.
|
182,312
|
|
|
224
|
Urban Outfitters, Inc.*
|
12,293
|
|
|
|
|
|
1,729,601
|
|
|
Consumer Durables & Apparel - 5.1%
|
||
|
1,441
|
Acushnet Holdings Corp.
|
102,426
|
|
|
680
|
Carter's, Inc.
|
36,849
|
|
|
863
|
Century Communities, Inc.
|
63,310
|
|
|
6,929
|
Ethan Allen Interiors, Inc.
|
194,774
|
|
|
323
|
G-III Apparel Group Ltd.*
|
10,536
|
|
|
518
|
Green Brick Partners, Inc.*
|
29,262
|
|
|
2,415
|
Hamilton Beach Brands Holding Co. Class A
|
40,644
|
|
|
2,112
|
JAKKS Pacific, Inc.*
|
59,453
|
|
|
|
28
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
Consumer Durables & Apparel - 5.1% - (continued)
|
||
|
3,383
|
Kontoor Brands, Inc.
|
$288,942
|
|
|
5,025
|
La-Z-Boy, Inc.
|
218,939
|
|
|
4,673
|
Levi Strauss & Co. Class A
|
80,843
|
|
|
7,444
|
Movado Group, Inc.
|
146,498
|
|
|
1,365
|
Oxford Industries, Inc.
|
107,535
|
|
|
622
|
Rocky Brands, Inc.
|
14,182
|
|
|
11,178
|
Smith & Wesson Brands, Inc.
|
112,954
|
|
|
502
|
Steven Madden Ltd.
|
21,345
|
|
|
1,503
|
Sturm Ruger & Co., Inc.
|
53,161
|
|
|
5,089
|
Superior Group of Cos., Inc.
|
84,121
|
|
|
|
|
|
1,665,774
|
|
|
Consumer Services - 2.0%
|
||
|
37
|
Graham Holdings Co. Class B
|
32,261
|
|
|
14,455
|
Perdoceo Education Corp.
|
382,624
|
|
|
2,264
|
Stride, Inc.*
|
235,297
|
|
|
|
|
|
650,182
|
|
|
Consumer Staples Distribution & Retail - 2.4%
|
||
|
1,069
|
Andersons, Inc.
|
43,316
|
|
|
3,440
|
Ingles Markets, Inc. Class A
|
221,674
|
|
|
3,183
|
Natural Grocers by Vitamin Cottage, Inc.
|
126,429
|
|
|
239
|
PriceSmart, Inc.
|
22,029
|
|
|
7,348
|
SpartanNash Co.
|
134,615
|
|
|
3,513
|
Weis Markets, Inc.
|
237,900
|
|
|
|
|
|
785,963
|
|
|
Energy - 3.2%
|
||
|
918
|
California Resources Corp.
|
47,635
|
|
|
2,090
|
CNX Resources Corp.*
|
76,640
|
|
|
1,452
|
CONSOL Energy, Inc.
|
154,899
|
|
|
5,470
|
CVR Energy, Inc.
|
102,508
|
|
|
452
|
Dorian LPG Ltd.
|
11,015
|
|
|
4,277
|
FutureFuel Corp.
|
22,625
|
|
|
10,125
|
Granite Ridge Resources, Inc.
|
65,408
|
|
|
787
|
Gulfport Energy Corp.*
|
144,965
|
|
|
904
|
International Seaways, Inc.
|
32,490
|
|
|
7,829
|
Liberty Energy, Inc.
|
155,719
|
|
|
775
|
Northern Oil & Gas, Inc.
|
28,799
|
|
|
2,205
|
Peabody Energy Corp.
|
46,173
|
|
|
1,690
|
Select Water Solutions, Inc.
|
22,376
|
|
|
29,318
|
VAALCO Energy, Inc.
|
128,120
|
|
|
|
|
|
1,039,372
|
|
|
Equity Real Estate Investment Trusts (REITs) - 4.3%
|
||
|
746
|
Acadia Realty Trust REIT
|
18,023
|
|
|
384
|
Alexander's, Inc. REIT
|
76,823
|
|
|
1,063
|
American Assets Trust, Inc. REIT
|
27,914
|
|
|
4,698
|
Apple Hospitality, Inc. REIT
|
72,114
|
|
|
1,473
|
Armada Hoffler Properties, Inc. REIT
|
15,069
|
|
|
1,485
|
Brandywine Realty Trust REIT
|
8,316
|
|
|
5,789
|
Broadstone Net Lease, Inc. REIT
|
91,814
|
|
|
669
|
COPT Defense Properties REIT
|
20,706
|
|
|
5,329
|
CTO Realty Growth, Inc. REIT
|
105,035
|
|
|
1,488
|
Curbline Properties Corp. REIT
|
34,551
|
|
|
759
|
Easterly Government Properties, Inc. REIT
|
8,622
|
|
|
1,391
|
EPR Properties REIT
|
61,594
|
|
|
3,114
|
Getty Realty Corp. REIT
|
93,825
|
|
|
1,449
|
Global Medical, Inc. REIT
|
11,186
|
|
|
2,056
|
Highwoods Properties, Inc. REIT
|
62,873
|
|
|
1,144
|
Innovative Industrial Properties, Inc. REIT
|
76,236
|
|
|
1,457
|
LTC Properties, Inc. REIT
|
50,339
|
|
|
9,153
|
LXP Industrial Trust REIT
|
74,322
|
|
|
913
|
National Health Investors, Inc. REIT
|
63,271
|
|
|
800
|
One Liberty Properties, Inc. REIT
|
21,792
|
|
|
2,127
|
Park Hotels & Resorts, Inc. REIT
|
29,927
|
|
|
3,615
|
Piedmont Office Realty Trust, Inc. Class A, REIT
|
33,077
|
|
|
5,808
|
RLJ Lodging Trust REIT
|
59,300
|
|
|
744
|
SITE Centers Corp. REIT
|
11,376
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
Equity Real Estate Investment Trusts (REITs) - 4.3% - (continued)
|
||
|
9,301
|
Sunstone Hotel Investors, Inc. REIT
|
$110,124
|
|
|
438
|
UMH Properties, Inc. REIT
|
8,269
|
|
|
3,592
|
Urban Edge Properties REIT
|
77,228
|
|
|
6,252
|
Whitestone REIT
|
88,591
|
|
|
|
|
|
1,412,317
|
|
|
Financial Services - 1.8%
|
||
|
8,878
|
Acacia Research Corp.*
|
38,530
|
|
|
3,614
|
Bread Financial Holdings, Inc.
|
220,671
|
|
|
5,257
|
Chicago Atlantic Real Estate Finance, Inc. REIT
|
81,063
|
|
|
3,707
|
Enact Holdings, Inc.
|
120,033
|
|
|
3,507
|
EZCORP, Inc. Class A*
|
42,855
|
|
|
1,179
|
Franklin BSP Realty Trust, Inc. REIT
|
14,785
|
|
|
877
|
Oppenheimer Holdings, Inc. Class A
|
56,207
|
|
|
|
|
|
574,144
|
|
|
Food, Beverage & Tobacco - 2.1%
|
||
|
4,509
|
Cal-Maine Foods, Inc.
|
464,066
|
|
|
993
|
John B Sanfilippo & Son, Inc.
|
86,500
|
|
|
2,707
|
Universal Corp.
|
148,452
|
|
|
|
|
|
699,018
|
|
|
Health Care Equipment & Services - 11.2%
|
||
|
1,098
|
Addus HomeCare Corp.*
|
137,634
|
|
|
3,655
|
AMN Healthcare Services, Inc.*
|
87,428
|
|
|
5,771
|
Bioventus, Inc. Class A*
|
60,596
|
|
|
2,328
|
CorVel Corp.*
|
259,013
|
|
|
10,572
|
Cross Country Healthcare, Inc.*
|
191,988
|
|
|
11,490
|
Embecta Corp.
|
237,268
|
|
|
6,230
|
GoodRx Holdings, Inc. Class A*
|
28,970
|
|
|
4,893
|
HealthStream, Inc.
|
155,597
|
|
|
8,907
|
Hims & Hers Health, Inc.*
|
215,371
|
|
|
212
|
Integer Holdings Corp.*
|
28,094
|
|
|
1,361
|
iRadimed Corp.
|
74,855
|
|
|
2,379
|
LeMaitre Vascular, Inc.
|
219,201
|
|
|
2,344
|
National HealthCare Corp.
|
252,121
|
|
|
1,804
|
National Research Corp.
|
31,823
|
|
|
19,962
|
OraSure Technologies, Inc.*
|
72,063
|
|
|
3,343
|
Owens & Minor, Inc.*
|
43,693
|
|
|
14,455
|
Patterson Cos., Inc.
|
446,081
|
|
|
14,827
|
Premier, Inc. Class A
|
314,332
|
|
|
2,743
|
Semler Scientific, Inc.*(1)
|
148,122
|
|
|
12,134
|
Sensus Healthcare, Inc.*
|
83,967
|
|
|
4,359
|
Tactile Systems Technology, Inc.*
|
74,670
|
|
|
4,638
|
TruBridge, Inc.*
|
91,461
|
|
|
796
|
UFP Technologies, Inc.*
|
194,630
|
|
|
417
|
Utah Medical Products, Inc.
|
25,633
|
|
|
4,845
|
Varex Imaging Corp.*
|
70,689
|
|
|
756
|
Zimvie, Inc.*
|
10,546
|
|
|
12,623
|
Zynex, Inc.*
|
101,110
|
|
|
|
|
|
3,656,956
|
|
|
Household & Personal Products - 0.7%
|
||
|
1,403
|
Herbalife Ltd.*
|
9,386
|
|
|
6,969
|
Medifast, Inc.*
|
122,794
|
|
|
632
|
Nu Skin Enterprises, Inc. Class A
|
4,354
|
|
|
1,114
|
Oil-Dri Corp. of America
|
97,631
|
|
|
|
|
|
234,165
|
|
|
Insurance - 3.5%
|
||
|
5,859
|
CNO Financial Group, Inc.
|
218,013
|
|
|
4,235
|
Employers Holdings, Inc.
|
216,959
|
|
|
132
|
HCI Group, Inc.
|
15,382
|
|
|
1,947
|
Horace Mann Educators Corp.
|
76,381
|
|
|
1,898
|
Mercury General Corp.
|
126,179
|
|
|
1,455
|
Safety Insurance Group, Inc.
|
119,892
|
|
|
8,085
|
SiriusPoint Ltd.*
|
132,513
|
|
|
|
29
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
Insurance - 3.5% - (continued)
|
||
|
1,484
|
Stewart Information Services Corp.
|
$100,155
|
|
|
6,742
|
Universal Insurance Holdings, Inc.
|
141,987
|
|
|
|
|
|
1,147,461
|
|
|
Materials - 5.2%
|
||
|
626
|
Alpha Metallurgical Resources, Inc.*
|
125,275
|
|
|
1,681
|
Arch Resources, Inc.
|
237,391
|
|
|
3,908
|
Clearwater Paper Corp.*
|
116,341
|
|
|
3,103
|
Greif, Inc. Class A
|
189,655
|
|
|
411
|
Hawkins, Inc.
|
50,417
|
|
|
218
|
Koppers Holdings, Inc.
|
7,063
|
|
|
1,500
|
Myers Industries, Inc.
|
16,560
|
|
|
1,407
|
Olympic Steel, Inc.
|
46,164
|
|
|
1,440
|
Orion SA
|
22,738
|
|
|
12,789
|
Ramaco Resources, Inc. Class A
|
131,215
|
|
|
176
|
Ramaco Resources, Inc. Class B
|
1,739
|
|
|
4,718
|
Ryerson Holding Corp.
|
87,330
|
|
|
16,687
|
SunCoke Energy, Inc.
|
178,551
|
|
|
2,720
|
Sylvamo Corp.
|
214,935
|
|
|
5,291
|
Warrior Met Coal, Inc.
|
286,984
|
|
|
|
|
|
1,712,358
|
|
|
Media & Entertainment - 1.4%
|
||
|
2,157
|
Cargurus, Inc.*
|
78,817
|
|
|
1,638
|
John Wiley & Sons, Inc. Class A
|
71,597
|
|
|
3,125
|
Scholastic Corp.
|
66,656
|
|
|
2,102
|
Shutterstock, Inc.
|
63,796
|
|
|
9,733
|
TEGNA, Inc.
|
178,016
|
|
|
|
|
|
458,882
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 6.5%
|
||
|
1,443
|
ADMA Biologics, Inc.*
|
24,748
|
|
|
16,658
|
Amneal Pharmaceuticals, Inc.*
|
131,931
|
|
|
2,760
|
Amphastar Pharmaceuticals, Inc.*
|
102,479
|
|
|
11,667
|
Biote Corp. Class A*
|
72,102
|
|
|
13,453
|
Catalyst Pharmaceuticals, Inc.*
|
280,764
|
|
|
7,720
|
Collegium Pharmaceutical, Inc.*
|
221,178
|
|
|
6,512
|
Corcept Therapeutics, Inc.*
|
328,140
|
|
|
2,300
|
Harmony Biosciences Holdings, Inc.*
|
79,143
|
|
|
11,278
|
Innoviva, Inc.*
|
195,673
|
|
|
1,824
|
Kiniksa Pharmaceuticals International PLC*
|
36,079
|
|
|
269
|
Myriad Genetics, Inc.*
|
3,688
|
|
|
20,087
|
Organogenesis Holdings, Inc.*
|
64,278
|
|
|
272
|
Perrigo Co. PLC
|
6,993
|
|
|
6,536
|
Phibro Animal Health Corp. Class A
|
137,256
|
|
|
876
|
Prestige Consumer Healthcare, Inc.*
|
68,407
|
|
|
1,400
|
Protagonist Therapeutics, Inc.*
|
54,040
|
|
|
28,632
|
SIGA Technologies, Inc.
|
172,078
|
|
|
3,987
|
Supernus Pharmaceuticals, Inc.*
|
144,170
|
|
|
|
|
|
2,123,147
|
|
|
Real Estate Management & Development - 0.7%
|
||
|
2,302
|
Forestar Group, Inc.*
|
59,668
|
|
|
6,401
|
Newmark Group, Inc. Class A
|
81,997
|
|
|
4,855
|
RMR Group, Inc. Class A
|
100,207
|
|
|
|
|
|
241,872
|
|
|
Semiconductors & Semiconductor Equipment - 1.1%
|
||
|
8,466
|
Amkor Technology, Inc.
|
217,492
|
|
|
200
|
NVE Corp.
|
16,286
|
|
|
5,872
|
Photronics, Inc.*
|
138,344
|
|
|
|
|
|
372,122
|
|
|
Software & Services - 2.6%
|
||
|
6,256
|
A10 Networks, Inc.
|
115,110
|
|
|
8,950
|
Adeia, Inc.
|
125,121
|
|
|
5,290
|
Hackett Group, Inc.
|
162,509
|
|
|
1,963
|
InterDigital, Inc.
|
380,272
|
|
|
1,203
|
Progress Software Corp.
|
78,376
|
|
|
|
|
|
861,388
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.6% - (continued)
|
|||
|
|
Technology Hardware & Equipment - 8.0%
|
||
|
4,789
|
Bel Fuse, Inc. Class B
|
$394,949
|
|
|
115
|
Belden, Inc.
|
12,950
|
|
|
5,771
|
Benchmark Electronics, Inc.
|
262,003
|
|
|
9,515
|
CompoSecure, Inc. Class A(1)
|
145,865
|
|
|
1,123
|
Crane NXT Co.
|
65,381
|
|
|
14,783
|
Daktronics, Inc.*
|
249,241
|
|
|
4,772
|
Diebold Nixdorf, Inc.*
|
205,387
|
|
|
3,099
|
ePlus, Inc.*
|
228,954
|
|
|
11,110
|
Immersion Corp.
|
96,990
|
|
|
713
|
Kimball Electronics, Inc.*
|
13,355
|
|
|
439
|
M-Tron Industries, Inc.*
|
21,261
|
|
|
553
|
Napco Security Technologies, Inc.
|
19,665
|
|
|
810
|
OSI Systems, Inc.*
|
135,618
|
|
|
2,498
|
PC Connection, Inc.
|
173,037
|
|
|
548
|
Plexus Corp.*
|
85,751
|
|
|
6,179
|
Richardson Electronics Ltd.
|
86,691
|
|
|
3,466
|
ScanSource, Inc.*
|
164,462
|
|
|
12,297
|
Vishay Intertechnology, Inc.
|
208,311
|
|
|
1,684
|
Vishay Precision Group, Inc.*
|
39,524
|
|
|
|
|
|
2,609,395
|
|
|
Telecommunication Services - 1.1%
|
||
|
212
|
Cogent Communications Holdings, Inc.
|
16,339
|
|
|
3,739
|
IDT Corp. Class B
|
177,677
|
|
|
9,680
|
Spok Holdings, Inc.
|
155,364
|
|
|
|
|
|
349,380
|
|
|
Transportation - 2.2%
|
||
|
1,000
|
Covenant Logistics Group, Inc.
|
54,510
|
|
|
2,511
|
Hub Group, Inc. Class A
|
111,890
|
|
|
1,535
|
Marten Transport Ltd.
|
23,961
|
|
|
1,493
|
Matson, Inc.
|
201,316
|
|
|
12,048
|
Pangaea Logistics Solutions Ltd.
|
64,577
|
|
|
4,113
|
Schneider National, Inc. Class B
|
120,429
|
|
|
2,519
|
Universal Logistics Holdings, Inc.
|
115,723
|
|
|
901
|
Werner Enterprises, Inc.
|
32,364
|
|
|
|
|
|
724,770
|
|
|
Utilities - 0.9%
|
||
|
516
|
Avista Corp.
|
18,901
|
|
|
2,429
|
Consolidated Water Co. Ltd.
|
62,887
|
|
|
8,072
|
Hawaiian Electric Industries, Inc.*
|
78,540
|
|
|
280
|
Northwest Natural Holding Co.
|
11,077
|
|
|
1,070
|
Otter Tail Corp.
|
79,009
|
|
|
900
|
Unitil Corp.
|
48,771
|
|
|
|
|
|
299,185
|
|
|
Total Common Stocks
(cost $29,069,233)
|
|
$32,597,741
|
|
SHORT-TERM INVESTMENTS - 1.7%
|
|||
|
|
Securities Lending Collateral - 1.7%
|
||
|
87,051
|
Goldman Sachs Financial Square Funds, Government
Fund, Institutional Class, 4.39%(2)
|
$87,051
|
|
|
290,168
|
HSBC U.S. Government Money Market Fund,
Institutional Class, 4.41%(2)
|
290,168
|
|
|
87,050
|
Invesco Government & Agency Portfolio, Institutional
Class, 4.42%(2)
|
87,050
|
|
|
87,051
|
Morgan Stanley Institutional Liquidity Funds,
Government Portfolio, Institutional Class, 4.42%(2)
|
87,051
|
|
|
|
Total Short-Term Investments
(cost $551,320)
|
$551,320
|
|
|
|
Total Investments
(cost $29,620,553)
|
101.3
%
|
$33,149,061
|
|
|
Other Assets and Liabilities
|
(1.3
)%
|
(416,336
)
|
|
|
Net Assets
|
100.0
%
|
$32,732,725
|
|
|
30
|
|
|
*
|
Non-income producing.
|
|
(1)
|
Represents entire or partial securities on loan.
|
|
(2)
|
Current yield as of period end.
|
|
Futures Contracts Outstanding at December 31, 2024
|
||||
|
Description
|
Number of
Contracts
|
Expiration
Date
|
Current
Notional
Amount
|
Value and
Unrealized
Appreciation/
(Depreciation)
|
|
Long position contracts:
|
||||
|
E-Mini Russell 2000
|
1
|
03/21/2025
|
$112,490
|
$(6,379
)
|
|
Total futures contracts
|
$(6,379
)
|
|||
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Automobiles & Components
|
$534,078
|
$534,078
|
$—
|
$—
|
|
Banks
|
4,244,006
|
4,244,006
|
—
|
—
|
|
Capital Goods
|
2,490,980
|
2,490,980
|
—
|
—
|
|
Commercial & Professional Services
|
1,981,225
|
1,981,225
|
—
|
—
|
|
Consumer Discretionary Distribution & Retail
|
1,729,601
|
1,729,601
|
—
|
—
|
|
Consumer Durables & Apparel
|
1,665,774
|
1,665,774
|
—
|
—
|
|
Consumer Services
|
650,182
|
650,182
|
—
|
—
|
|
Consumer Staples Distribution & Retail
|
785,963
|
785,963
|
—
|
—
|
|
Energy
|
1,039,372
|
1,039,372
|
—
|
—
|
|
Equity Real Estate Investment Trusts (REITs)
|
1,412,317
|
1,412,317
|
—
|
—
|
|
Financial Services
|
574,144
|
574,144
|
—
|
—
|
|
Food, Beverage & Tobacco
|
699,018
|
699,018
|
—
|
—
|
|
Health Care Equipment & Services
|
3,656,956
|
3,656,956
|
—
|
—
|
|
Household & Personal Products
|
234,165
|
234,165
|
—
|
—
|
|
Insurance
|
1,147,461
|
1,147,461
|
—
|
—
|
|
Materials
|
1,712,358
|
1,712,358
|
—
|
—
|
|
Media & Entertainment
|
458,882
|
458,882
|
—
|
—
|
|
Pharmaceuticals, Biotechnology & Life Sciences
|
2,123,147
|
2,123,147
|
—
|
—
|
|
Real Estate Management & Development
|
241,872
|
241,872
|
—
|
—
|
|
Semiconductors & Semiconductor Equipment
|
372,122
|
372,122
|
—
|
—
|
|
Software & Services
|
861,388
|
861,388
|
—
|
—
|
|
Technology Hardware & Equipment
|
2,609,395
|
2,609,395
|
—
|
—
|
|
Telecommunication Services
|
349,380
|
349,380
|
—
|
—
|
|
Transportation
|
724,770
|
724,770
|
—
|
—
|
|
Utilities
|
299,185
|
299,185
|
—
|
—
|
|
Short-Term Investments
|
551,320
|
551,320
|
—
|
—
|
|
Total
|
$33,149,061
|
$33,149,061
|
$—
|
$—
|
|
Liabilities
|
|
|
|
|
|
Futures Contracts(2)
|
$(6,379
)
|
$(6,379
)
|
$—
|
$—
|
|
Total
|
$(6,379
)
|
$(6,379
)
|
$—
|
$—
|
|
(1)
|
For the period ended December 31, 2024, there were no transfers in and out of Level
3.
|
|
(2)
|
Derivative instruments (excluding purchased and written options, if applicable) are
valued at the unrealized appreciation/(depreciation) on the investments.
|
|
|
31
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8%
|
|||
|
|
Banks - 3.4%
|
||
|
10,762
|
Bank of America Corp.
|
$472,990
|
|
|
22,380
|
Citigroup, Inc.
|
1,575,328
|
|
|
16,603
|
Fifth Third Bancorp
|
701,975
|
|
|
5,351
|
First Horizon Corp.
|
107,769
|
|
|
60,694
|
Huntington Bancshares, Inc.
|
987,491
|
|
|
15,158
|
JP Morgan Chase & Co.
|
3,633,524
|
|
|
13,374
|
M&T Bank Corp.
|
2,514,446
|
|
|
2,876
|
Old National Bancorp
|
62,424
|
|
|
4,641
|
PNC Financial Services Group, Inc.
|
895,017
|
|
|
6,594
|
Popular, Inc.
|
620,232
|
|
|
46,749
|
Regions Financial Corp.
|
1,099,536
|
|
|
11,757
|
U.S. Bancorp
|
562,337
|
|
|
3,555
|
UMB Financial Corp.
|
401,217
|
|
|
13,541
|
Wells Fargo & Co.
|
951,120
|
|
|
|
|
|
14,585,406
|
|
|
Capital Goods - 7.9%
|
||
|
5,184
|
3M Co.
|
669,203
|
|
|
478
|
A.O. Smith Corp.
|
32,604
|
|
|
813
|
AAON, Inc.
|
95,674
|
|
|
3,095
|
Acuity Brands, Inc.
|
904,142
|
|
|
19,009
|
Allison Transmission Holdings, Inc.
|
2,054,113
|
|
|
3,893
|
Applied Industrial Technologies, Inc.
|
932,257
|
|
|
1,354
|
Armstrong World Industries, Inc.
|
191,361
|
|
|
2,938
|
Builders FirstSource, Inc.*
|
419,928
|
|
|
2,292
|
Caterpillar, Inc.
|
831,446
|
|
|
713
|
CSW Industrials, Inc.
|
251,546
|
|
|
6,003
|
Cummins, Inc.
|
2,092,646
|
|
|
14,089
|
Donaldson Co., Inc.
|
948,894
|
|
|
3,002
|
Dover Corp.
|
563,175
|
|
|
4,492
|
Dycom Industries, Inc.*
|
781,878
|
|
|
3,634
|
EMCOR Group, Inc.
|
1,649,473
|
|
|
27,328
|
Fastenal Co.
|
1,965,157
|
|
|
5,009
|
Federal Signal Corp.
|
462,782
|
|
|
11,884
|
Ferguson Enterprises, Inc.
|
2,062,706
|
|
|
1,501
|
Franklin Electric Co., Inc.
|
146,272
|
|
|
1,034
|
General Dynamics Corp.
|
272,449
|
|
|
1,065
|
Honeywell International, Inc.
|
240,573
|
|
|
917
|
Hubbell, Inc.
|
384,122
|
|
|
4,398
|
Illinois Tool Works, Inc.
|
1,115,157
|
|
|
1,782
|
Johnson Controls International PLC
|
140,653
|
|
|
883
|
Lennox International, Inc.
|
538,012
|
|
|
3,199
|
Lockheed Martin Corp.
|
1,554,522
|
|
|
14,774
|
Masco Corp.
|
1,072,149
|
|
|
972
|
Moog, Inc. Class A
|
191,328
|
|
|
20,106
|
Mueller Industries, Inc.
|
1,595,612
|
|
|
733
|
Northrop Grumman Corp.
|
343,990
|
|
|
12,815
|
Otis Worldwide Corp.
|
1,186,797
|
|
|
4,539
|
Owens Corning
|
773,082
|
|
|
12,136
|
PACCAR, Inc.
|
1,262,387
|
|
|
3,215
|
Snap-on, Inc.
|
1,091,428
|
|
|
2,851
|
Trane Technologies PLC
|
1,053,017
|
|
|
5,877
|
UFP Industries, Inc.
|
662,044
|
|
|
1,320
|
Valmont Industries, Inc.
|
404,804
|
|
|
1,682
|
Watsco, Inc.
|
797,083
|
|
|
2,265
|
WW Grainger, Inc.
|
2,387,423
|
|
|
|
|
|
34,121,889
|
|
|
Commercial & Professional Services - 2.3%
|
||
|
5,038
|
Booz Allen Hamilton Holding Corp.
|
648,391
|
|
|
1,486
|
Brink's Co.
|
137,856
|
|
|
965
|
Broadridge Financial Solutions, Inc.
|
218,177
|
|
|
2,246
|
CACI International, Inc. Class A*
|
907,519
|
|
|
9,098
|
Cintas Corp.
|
1,662,205
|
|
|
3,287
|
FTI Consulting, Inc.*
|
628,244
|
|
|
2,928
|
Leidos Holdings, Inc.
|
421,808
|
|
|
4,579
|
Maximus, Inc.
|
341,822
|
|
|
531
|
MSA Safety, Inc.
|
88,024
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Commercial & Professional Services - 2.3% - (continued)
|
||
|
564
|
Paychex, Inc.
|
$79,084
|
|
|
4,294
|
Republic Services, Inc.
|
863,867
|
|
|
17,211
|
Robert Half, Inc.
|
1,212,687
|
|
|
12,847
|
Rollins, Inc.
|
595,458
|
|
|
3,074
|
Verisk Analytics, Inc.
|
846,672
|
|
|
6,394
|
Waste Management, Inc.
|
1,290,245
|
|
|
|
|
|
9,942,059
|
|
|
Consumer Discretionary Distribution & Retail - 5.8%
|
||
|
1,432
|
Abercrombie & Fitch Co. Class A*
|
214,041
|
|
|
11,204
|
Amazon.com, Inc.*
|
2,458,046
|
|
|
6,016
|
AutoNation, Inc.*
|
1,021,757
|
|
|
452
|
AutoZone, Inc.*
|
1,447,304
|
|
|
17,417
|
Best Buy Co., Inc.
|
1,494,379
|
|
|
4,831
|
Dick's Sporting Goods, Inc.
|
1,105,526
|
|
|
23,847
|
eBay, Inc.
|
1,477,322
|
|
|
12,127
|
Genuine Parts Co.
|
1,415,948
|
|
|
3,197
|
Group 1 Automotive, Inc.
|
1,347,472
|
|
|
9,073
|
Home Depot, Inc.
|
3,529,306
|
|
|
5,254
|
Lowe's Cos., Inc.
|
1,296,687
|
|
|
5,496
|
Murphy USA, Inc.
|
2,757,618
|
|
|
1,380
|
O'Reilly Automotive, Inc.*
|
1,636,404
|
|
|
10,568
|
TJX Cos., Inc.
|
1,276,720
|
|
|
26,647
|
Tractor Supply Co.
|
1,413,890
|
|
|
7,623
|
Williams-Sonoma, Inc.
|
1,411,627
|
|
|
|
|
|
25,304,047
|
|
|
Consumer Durables & Apparel - 1.3%
|
||
|
5,322
|
DR Horton, Inc.
|
744,122
|
|
|
6,505
|
Garmin Ltd.
|
1,341,721
|
|
|
328
|
Meritage Homes Corp.
|
50,453
|
|
|
109
|
NVR, Inc.*
|
891,500
|
|
|
10,141
|
PulteGroup, Inc.
|
1,104,355
|
|
|
2,956
|
Ralph Lauren Corp.
|
682,777
|
|
|
12,035
|
Skechers USA, Inc. Class A*
|
809,234
|
|
|
|
|
|
5,624,162
|
|
|
Consumer Services - 1.5%
|
||
|
231
|
Booking Holdings, Inc.
|
1,147,705
|
|
|
6,969
|
Grand Canyon Education, Inc.*
|
1,141,522
|
|
|
37,599
|
H&R Block, Inc.
|
1,986,731
|
|
|
2,157
|
McDonald's Corp.
|
625,293
|
|
|
7,132
|
Six Flags Entertainment Corp.
|
343,691
|
|
|
9,992
|
Yum! Brands, Inc.
|
1,340,527
|
|
|
|
|
|
6,585,469
|
|
|
Consumer Staples Distribution & Retail - 4.0%
|
||
|
97,818
|
Albertsons Cos., Inc. Class A
|
1,921,145
|
|
|
4,894
|
BJ's Wholesale Club Holdings, Inc.*
|
437,279
|
|
|
2,871
|
Casey's General Stores, Inc.
|
1,137,576
|
|
|
2,743
|
Costco Wholesale Corp.
|
2,513,329
|
|
|
64,666
|
Kroger Co.
|
3,954,326
|
|
|
4,373
|
Sprouts Farmers Market, Inc.*
|
555,677
|
|
|
15,449
|
Sysco Corp.
|
1,181,231
|
|
|
3,351
|
Target Corp.
|
452,988
|
|
|
56,512
|
Walmart, Inc.
|
5,105,859
|
|
|
|
|
|
17,259,410
|
|
|
Energy - 2.9%
|
||
|
7,171
|
Cheniere Energy, Inc.
|
1,540,833
|
|
|
6,719
|
Chevron Corp.
|
973,180
|
|
|
3,219
|
Chord Energy Corp.
|
376,365
|
|
|
3,336
|
ConocoPhillips
|
330,831
|
|
|
11,596
|
Devon Energy Corp.
|
379,537
|
|
|
3,092
|
Diamondback Energy, Inc.
|
506,562
|
|
|
21,043
|
EOG Resources, Inc.
|
2,579,451
|
|
|
30,796
|
Exxon Mobil Corp.
|
3,312,726
|
|
|
6,769
|
Marathon Petroleum Corp.
|
944,276
|
|
|
|
32
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Energy - 2.9% - (continued)
|
||
|
657
|
Phillips 66
|
$74,852
|
|
|
14,242
|
Valero Energy Corp.
|
1,745,927
|
|
|
|
|
|
12,764,540
|
|
|
Equity Real Estate Investment Trusts (REITs) - 1.6%
|
||
|
9,980
|
Agree Realty Corp. REIT
|
703,091
|
|
|
2,373
|
AvalonBay Communities, Inc. REIT
|
521,989
|
|
|
145
|
Crown Castle, Inc. REIT
|
13,160
|
|
|
7,544
|
Equity Residential REIT
|
541,357
|
|
|
5,321
|
Essential Properties Realty Trust, Inc. REIT
|
166,441
|
|
|
7,308
|
Gaming & Leisure Properties, Inc. REIT
|
351,953
|
|
|
7,235
|
Iron Mountain, Inc. REIT
|
760,471
|
|
|
4,579
|
Lamar Advertising Co. Class A, REIT
|
557,448
|
|
|
7,593
|
NNN, Inc. REIT
|
310,174
|
|
|
2,633
|
Omega Healthcare Investors, Inc. REIT
|
99,659
|
|
|
915
|
Public Storage REIT
|
273,988
|
|
|
11,026
|
Realty Income Corp. REIT
|
588,899
|
|
|
1,670
|
Simon Property Group, Inc. REIT
|
287,591
|
|
|
1,407
|
Ventas, Inc. REIT
|
82,858
|
|
|
45,458
|
VICI Properties, Inc. REIT
|
1,327,828
|
|
|
3,081
|
Welltower, Inc. REIT
|
388,298
|
|
|
1,217
|
WP Carey, Inc. REIT
|
66,302
|
|
|
|
|
|
7,041,507
|
|
|
Financial Services - 3.4%
|
||
|
27,939
|
Bank of New York Mellon Corp.
|
2,146,553
|
|
|
6,950
|
Berkshire Hathaway, Inc. Class B*
|
3,150,296
|
|
|
965
|
Capital One Financial Corp.
|
172,079
|
|
|
2,138
|
Cboe Global Markets, Inc.
|
417,765
|
|
|
34,358
|
Corebridge Financial, Inc.
|
1,028,335
|
|
|
7,592
|
Janus Henderson Group PLC
|
322,888
|
|
|
3,405
|
Mastercard, Inc. Class A
|
1,792,971
|
|
|
24,912
|
MGIC Investment Corp.
|
590,664
|
|
|
25,210
|
Radian Group, Inc.
|
799,661
|
|
|
11,930
|
State Street Corp.
|
1,170,929
|
|
|
22,165
|
Synchrony Financial
|
1,440,725
|
|
|
5,826
|
Visa, Inc. Class A
|
1,841,249
|
|
|
|
|
|
14,874,115
|
|
|
Food, Beverage & Tobacco - 2.1%
|
||
|
48,866
|
Altria Group, Inc.
|
2,555,203
|
|
|
2,580
|
Archer-Daniels-Midland Co.
|
130,342
|
|
|
6,449
|
Coca-Cola Co.
|
401,515
|
|
|
457
|
Coca-Cola Consolidated, Inc.
|
575,815
|
|
|
37,406
|
Flowers Foods, Inc.
|
772,808
|
|
|
10,167
|
General Mills, Inc.
|
648,350
|
|
|
6,458
|
Hershey Co.
|
1,093,662
|
|
|
2,486
|
Ingredion, Inc.
|
341,974
|
|
|
7,572
|
PepsiCo, Inc.
|
1,151,398
|
|
|
11,956
|
Philip Morris International, Inc.
|
1,438,905
|
|
|
|
|
|
9,109,972
|
|
|
Health Care Equipment & Services - 4.8%
|
||
|
5,346
|
Abbott Laboratories
|
604,686
|
|
|
7,351
|
Boston Scientific Corp.*
|
656,591
|
|
|
6,412
|
Cardinal Health, Inc.
|
758,347
|
|
|
5,075
|
Cencora, Inc.
|
1,140,251
|
|
|
7,418
|
Centene Corp.*
|
449,383
|
|
|
1,018
|
Chemed Corp.
|
539,336
|
|
|
3,339
|
Cigna Group
|
922,032
|
|
|
34,348
|
CVS Health Corp.
|
1,541,882
|
|
|
4,424
|
Elevance Health, Inc.
|
1,632,014
|
|
|
972
|
Encompass Health Corp.
|
89,764
|
|
|
2,585
|
HCA Healthcare, Inc.
|
775,888
|
|
|
8,265
|
Humana, Inc.
|
2,096,913
|
|
|
4,046
|
McKesson Corp.
|
2,305,856
|
|
|
8,966
|
Medtronic PLC
|
716,204
|
|
|
7,864
|
Quest Diagnostics, Inc.
|
1,186,363
|
|
|
5,989
|
ResMed, Inc.
|
1,369,624
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Health Care Equipment & Services - 4.8% - (continued)
|
||
|
217
|
Stryker Corp.
|
$78,131
|
|
|
7,805
|
UnitedHealth Group, Inc.
|
3,948,237
|
|
|
|
|
|
20,811,502
|
|
|
Household & Personal Products - 1.5%
|
||
|
21,253
|
Colgate-Palmolive Co.
|
1,932,110
|
|
|
13,165
|
Kimberly-Clark Corp.
|
1,725,142
|
|
|
17,352
|
Procter & Gamble Co.
|
2,909,063
|
|
|
|
|
|
6,566,315
|
|
|
Insurance - 5.0%
|
||
|
13,281
|
Aflac, Inc.
|
1,373,787
|
|
|
3,150
|
Allstate Corp.
|
607,289
|
|
|
1,460
|
American International Group, Inc.
|
106,288
|
|
|
10,990
|
Arch Capital Group Ltd.
|
1,014,926
|
|
|
1,844
|
Assurant, Inc.
|
393,178
|
|
|
19,811
|
Axis Capital Holdings Ltd.
|
1,755,651
|
|
|
5,210
|
Chubb Ltd.
|
1,439,523
|
|
|
15,277
|
Cincinnati Financial Corp.
|
2,195,305
|
|
|
3,153
|
Everest Group Ltd.
|
1,142,836
|
|
|
7,661
|
Lincoln National Corp.
|
242,930
|
|
|
5,468
|
Loews Corp.
|
463,085
|
|
|
881
|
Markel Group, Inc.*
|
1,520,809
|
|
|
37,250
|
Old Republic International Corp.
|
1,348,077
|
|
|
4,011
|
Progressive Corp.
|
961,076
|
|
|
8,893
|
Prudential Financial, Inc.
|
1,054,087
|
|
|
2,822
|
Reinsurance Group of America, Inc.
|
602,864
|
|
|
2,789
|
RenaissanceRe Holdings Ltd.
|
693,931
|
|
|
6,825
|
Travelers Cos., Inc.
|
1,644,074
|
|
|
25,862
|
Unum Group
|
1,888,702
|
|
|
679
|
White Mountains Insurance Group Ltd.
|
1,320,696
|
|
|
|
|
|
21,769,114
|
|
|
Materials - 3.8%
|
||
|
43,981
|
Amcor PLC
|
413,861
|
|
|
1,971
|
AptarGroup, Inc.
|
309,644
|
|
|
137
|
Avery Dennison Corp.
|
25,637
|
|
|
6,788
|
Cabot Corp.
|
619,812
|
|
|
1,752
|
CF Industries Holdings, Inc.
|
149,481
|
|
|
10,999
|
Commercial Metals Co.
|
545,550
|
|
|
3,362
|
Ecolab, Inc.
|
787,784
|
|
|
37,397
|
Graphic Packaging Holding Co.
|
1,015,703
|
|
|
3,205
|
International Paper Co.
|
172,493
|
|
|
3,531
|
Knife River Corp.*
|
358,891
|
|
|
245
|
Linde PLC
|
102,574
|
|
|
9,512
|
LyondellBasell Industries NV Class A
|
706,456
|
|
|
4,366
|
Packaging Corp. of America
|
982,918
|
|
|
6,064
|
PPG Industries, Inc.
|
724,345
|
|
|
5,766
|
Reliance, Inc.
|
1,552,553
|
|
|
14,604
|
RPM International, Inc.
|
1,797,168
|
|
|
2,396
|
Sealed Air Corp.
|
81,057
|
|
|
6,000
|
Sherwin-Williams Co.
|
2,039,580
|
|
|
2,060
|
Silgan Holdings, Inc.
|
107,223
|
|
|
34,373
|
Smurfit WestRock PLC
|
1,851,330
|
|
|
18,015
|
Sonoco Products Co.
|
880,033
|
|
|
9,750
|
Steel Dynamics, Inc.
|
1,112,182
|
|
|
|
|
|
16,336,275
|
|
|
Media & Entertainment - 4.5%
|
||
|
32,492
|
Alphabet, Inc. Class A
|
6,150,736
|
|
|
236
|
Charter Communications, Inc. Class A*
|
80,894
|
|
|
38,193
|
Comcast Corp. Class A
|
1,433,383
|
|
|
21,196
|
Electronic Arts, Inc.
|
3,100,975
|
|
|
55,150
|
Fox Corp. Class A
|
2,679,187
|
|
|
6,126
|
Meta Platforms, Inc. Class A
|
3,586,834
|
|
|
29,045
|
New York Times Co. Class A
|
1,511,792
|
|
|
5,202
|
News Corp. Class A
|
143,263
|
|
|
|
33
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Media & Entertainment - 4.5% - (continued)
|
||
|
1,236
|
Nexstar Media Group, Inc.
|
$195,251
|
|
|
6,328
|
Omnicom Group, Inc.
|
544,461
|
|
|
|
|
|
19,426,776
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 7.3%
|
||
|
22,664
|
AbbVie, Inc.
|
4,027,393
|
|
|
42,489
|
Alkermes PLC*
|
1,221,984
|
|
|
5,513
|
Amgen, Inc.
|
1,436,908
|
|
|
25,207
|
Bristol-Myers Squibb Co.
|
1,425,708
|
|
|
4,340
|
Eli Lilly & Co.
|
3,350,480
|
|
|
37,945
|
Exelixis, Inc.*
|
1,263,569
|
|
|
34,554
|
Gilead Sciences, Inc.
|
3,191,753
|
|
|
25,430
|
Incyte Corp.*
|
1,756,450
|
|
|
2,325
|
Intra-Cellular Therapies, Inc.*
|
194,184
|
|
|
32,070
|
Johnson & Johnson
|
4,637,963
|
|
|
38,905
|
Merck & Co., Inc.
|
3,870,269
|
|
|
400
|
Mettler-Toledo International, Inc.*
|
489,472
|
|
|
57,050
|
Organon & Co.
|
851,186
|
|
|
974
|
Regeneron Pharmaceuticals, Inc.*
|
693,809
|
|
|
4,979
|
United Therapeutics Corp.*
|
1,756,790
|
|
|
3,351
|
Vertex Pharmaceuticals, Inc.*
|
1,349,448
|
|
|
|
|
|
31,517,366
|
|
|
Semiconductors & Semiconductor Equipment - 5.2%
|
||
|
1,975
|
Analog Devices, Inc.
|
419,608
|
|
|
7,009
|
Applied Materials, Inc.
|
1,139,874
|
|
|
16,530
|
Broadcom, Inc.
|
3,832,315
|
|
|
13,881
|
Cirrus Logic, Inc.*
|
1,382,270
|
|
|
1,991
|
KLA Corp.
|
1,254,569
|
|
|
10,360
|
Lam Research Corp.
|
748,303
|
|
|
12,222
|
Microchip Technology, Inc.
|
700,932
|
|
|
64
|
Monolithic Power Systems, Inc.
|
37,869
|
|
|
31,316
|
NVIDIA Corp.
|
4,205,425
|
|
|
7,652
|
NXP Semiconductors NV
|
1,590,468
|
|
|
14,261
|
QUALCOMM, Inc.
|
2,190,775
|
|
|
7,944
|
Skyworks Solutions, Inc.
|
704,474
|
|
|
14,183
|
Teradyne, Inc.
|
1,785,923
|
|
|
14,337
|
Texas Instruments, Inc.
|
2,688,331
|
|
|
|
|
|
22,681,136
|
|
|
Software & Services - 9.9%
|
||
|
5,536
|
Accenture PLC Class A
|
1,947,509
|
|
|
6,682
|
ACI Worldwide, Inc.*
|
346,863
|
|
|
1,373
|
Adobe, Inc.*
|
610,546
|
|
|
2,305
|
Akamai Technologies, Inc.*
|
220,473
|
|
|
1,301
|
Appfolio, Inc. Class A*
|
320,983
|
|
|
8,291
|
ASGN, Inc.*
|
690,972
|
|
|
703
|
Autodesk, Inc.*
|
207,786
|
|
|
4,414
|
Cadence Design Systems, Inc.*
|
1,326,230
|
|
|
42,038
|
Cognizant Technology Solutions Corp. Class A
|
3,232,722
|
|
|
20,804
|
Commvault Systems, Inc.*
|
3,139,532
|
|
|
15,529
|
Dolby Laboratories, Inc. Class A
|
1,212,815
|
|
|
70,462
|
Dropbox, Inc. Class A*
|
2,116,678
|
|
|
1,319
|
Fair Isaac Corp.*
|
2,626,037
|
|
|
3,403
|
Fortinet, Inc.*
|
321,515
|
|
|
4,698
|
Gartner, Inc.*
|
2,276,040
|
|
|
32,015
|
Gen Digital, Inc.
|
876,571
|
|
|
12,764
|
GoDaddy, Inc. Class A*
|
2,519,231
|
|
|
1,508
|
Guidewire Software, Inc.*
|
254,219
|
|
|
17,988
|
International Business Machines Corp.
|
3,954,302
|
|
|
725
|
Intuit, Inc.
|
455,662
|
|
|
35,629
|
Kyndryl Holdings, Inc.*
|
1,232,763
|
|
|
3,890
|
Manhattan Associates, Inc.*
|
1,051,233
|
|
|
11,903
|
Microsoft Corp.
|
5,017,114
|
|
|
15,601
|
Oracle Corp.
|
2,599,751
|
|
|
3,004
|
Palo Alto Networks, Inc.*
|
546,608
|
|
|
1,385
|
PTC, Inc.*
|
254,660
|
|
|
1,589
|
Roper Technologies, Inc.
|
826,042
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Software & Services - 9.9% - (continued)
|
||
|
157
|
ServiceNow, Inc.*
|
$166,439
|
|
|
1,497
|
SPS Commerce, Inc.*
|
275,433
|
|
|
1,567
|
Synopsys, Inc.*
|
760,559
|
|
|
8,951
|
VeriSign, Inc.*
|
1,852,499
|
|
|
|
|
|
43,239,787
|
|
|
Technology Hardware & Equipment - 13.6%
|
||
|
37,543
|
Amphenol Corp. Class A
|
2,607,361
|
|
|
24,214
|
Apple, Inc.
|
6,063,670
|
|
|
14,620
|
Arista Networks, Inc.*
|
1,615,949
|
|
|
7,383
|
Arrow Electronics, Inc.*
|
835,165
|
|
|
59,070
|
Avnet, Inc.
|
3,090,542
|
|
|
6,611
|
Badger Meter, Inc.
|
1,402,325
|
|
|
7,865
|
CDW Corp.
|
1,368,825
|
|
|
1,041
|
Ciena Corp.*
|
88,287
|
|
|
65,269
|
Cisco Systems, Inc.
|
3,863,925
|
|
|
51,863
|
Corning, Inc.
|
2,464,530
|
|
|
29,795
|
Dell Technologies, Inc. Class C
|
3,433,576
|
|
|
7,843
|
F5, Inc.*
|
1,972,279
|
|
|
16,808
|
Flex Ltd.*
|
645,259
|
|
|
183,356
|
Hewlett Packard Enterprise Co.
|
3,914,651
|
|
|
132,582
|
HP, Inc.
|
4,326,151
|
|
|
9,466
|
Insight Enterprises, Inc.*
|
1,439,779
|
|
|
1,051
|
Itron, Inc.*
|
114,118
|
|
|
5,606
|
Jabil, Inc.
|
806,703
|
|
|
46,761
|
Juniper Networks, Inc.
|
1,751,199
|
|
|
7,433
|
Keysight Technologies, Inc.*
|
1,193,963
|
|
|
668
|
Littelfuse, Inc.
|
157,414
|
|
|
7,557
|
Motorola Solutions, Inc.
|
3,493,072
|
|
|
38,567
|
NetApp, Inc.
|
4,476,857
|
|
|
10,802
|
Pure Storage, Inc. Class A*
|
663,567
|
|
|
21,951
|
Sanmina Corp.*
|
1,661,032
|
|
|
7,320
|
Seagate Technology Holdings PLC
|
631,789
|
|
|
9,930
|
TD SYNNEX Corp.
|
1,164,590
|
|
|
17,476
|
TE Connectivity PLC
|
2,498,544
|
|
|
42,152
|
Vontier Corp.
|
1,537,283
|
|
|
|
|
|
59,282,405
|
|
|
Telecommunication Services - 2.5%
|
||
|
180,575
|
AT&T, Inc.
|
4,111,693
|
|
|
14,512
|
T-Mobile U.S., Inc.
|
3,203,234
|
|
|
92,864
|
Verizon Communications, Inc.
|
3,713,631
|
|
|
|
|
|
11,028,558
|
|
|
Transportation - 1.2%
|
||
|
15,633
|
CH Robinson Worldwide, Inc.
|
1,615,201
|
|
|
5,523
|
FedEx Corp.
|
1,553,786
|
|
|
5,660
|
Landstar System, Inc.
|
972,728
|
|
|
6,437
|
Ryder System, Inc.
|
1,009,708
|
|
|
|
|
|
5,151,423
|
|
|
Utilities - 4.3%
|
||
|
6,796
|
Ameren Corp.
|
605,795
|
|
|
10,769
|
American Electric Power Co., Inc.
|
993,225
|
|
|
11,178
|
Consolidated Edison, Inc.
|
997,413
|
|
|
3,501
|
Dominion Energy, Inc.
|
188,564
|
|
|
8,837
|
DTE Energy Co.
|
1,067,068
|
|
|
11,999
|
Duke Energy Corp.
|
1,292,772
|
|
|
6,407
|
Edison International
|
511,535
|
|
|
22,554
|
Entergy Corp.
|
1,710,044
|
|
|
9,528
|
Exelon Corp.
|
358,634
|
|
|
18,884
|
FirstEnergy Corp.
|
751,206
|
|
|
18,351
|
National Fuel Gas Co.
|
1,113,539
|
|
|
4,232
|
NextEra Energy, Inc.
|
303,392
|
|
|
25,048
|
NRG Energy, Inc.
|
2,259,831
|
|
|
8,290
|
OGE Energy Corp.
|
341,962
|
|
|
11,687
|
Portland General Electric Co.
|
509,787
|
|
|
25,304
|
PPL Corp.
|
821,368
|
|
|
12,553
|
Public Service Enterprise Group, Inc.
|
1,060,603
|
|
|
|
34
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Utilities - 4.3% - (continued)
|
||
|
3,499
|
Sempra
|
$306,932
|
|
|
13,386
|
Southern Co.
|
1,101,936
|
|
|
5,258
|
Vistra Corp.
|
724,920
|
|
|
6,334
|
WEC Energy Group, Inc.
|
595,649
|
|
|
17,824
|
Xcel Energy, Inc.
|
1,203,476
|
|
|
|
|
|
18,819,651
|
|
|
Total Common Stocks
(cost $381,821,909)
|
|
$433,842,884
|
|
|
Total Investments
(cost $381,821,909)
|
99.8
%
|
$433,842,884
|
|
|
Other Assets and Liabilities
|
0.2
%
|
862,649
|
|
|
Net Assets
|
100.0
%
|
$434,705,533
|
|
*
|
Non-income producing.
|
|
Futures Contracts Outstanding at December 31, 2024
|
||||
|
Description
|
Number of
Contracts
|
Expiration
Date
|
Current
Notional
Amount
|
Value and
Unrealized
Appreciation/
(Depreciation)
|
|
Long position contracts:
|
||||
|
S&P 500 (E-Mini) Future
|
2
|
03/21/2025
|
$593,575
|
$(20,956
)
|
|
Total futures contracts
|
$(20,956
)
|
|||
|
|
35
|
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Banks
|
$14,585,406
|
$14,585,406
|
$—
|
$—
|
|
Capital Goods
|
34,121,889
|
34,121,889
|
—
|
—
|
|
Commercial & Professional Services
|
9,942,059
|
9,942,059
|
—
|
—
|
|
Consumer Discretionary Distribution & Retail
|
25,304,047
|
25,304,047
|
—
|
—
|
|
Consumer Durables & Apparel
|
5,624,162
|
5,624,162
|
—
|
—
|
|
Consumer Services
|
6,585,469
|
6,585,469
|
—
|
—
|
|
Consumer Staples Distribution & Retail
|
17,259,410
|
17,259,410
|
—
|
—
|
|
Energy
|
12,764,540
|
12,764,540
|
—
|
—
|
|
Equity Real Estate Investment Trusts (REITs)
|
7,041,507
|
7,041,507
|
—
|
—
|
|
Financial Services
|
14,874,115
|
14,874,115
|
—
|
—
|
|
Food, Beverage & Tobacco
|
9,109,972
|
9,109,972
|
—
|
—
|
|
Health Care Equipment & Services
|
20,811,502
|
20,811,502
|
—
|
—
|
|
Household & Personal Products
|
6,566,315
|
6,566,315
|
—
|
—
|
|
Insurance
|
21,769,114
|
21,769,114
|
—
|
—
|
|
Materials
|
16,336,275
|
16,336,275
|
—
|
—
|
|
Media & Entertainment
|
19,426,776
|
19,426,776
|
—
|
—
|
|
Pharmaceuticals, Biotechnology & Life Sciences
|
31,517,366
|
31,517,366
|
—
|
—
|
|
Semiconductors & Semiconductor Equipment
|
22,681,136
|
22,681,136
|
—
|
—
|
|
Software & Services
|
43,239,787
|
43,239,787
|
—
|
—
|
|
Technology Hardware & Equipment
|
59,282,405
|
59,282,405
|
—
|
—
|
|
Telecommunication Services
|
11,028,558
|
11,028,558
|
—
|
—
|
|
Transportation
|
5,151,423
|
5,151,423
|
—
|
—
|
|
Utilities
|
18,819,651
|
18,819,651
|
—
|
—
|
|
Total
|
$433,842,884
|
$433,842,884
|
$—
|
$—
|
|
Liabilities
|
|
|
|
|
|
Futures Contracts(2)
|
$(20,956
)
|
$(20,956
)
|
$—
|
$—
|
|
Total
|
$(20,956
)
|
$(20,956
)
|
$—
|
$—
|
|
(1)
|
For the period ended December 31, 2024, there were no transfers in and out of Level
3.
|
|
(2)
|
Derivative instruments (excluding purchased and written options, if applicable) are
valued at the unrealized appreciation/(depreciation) on the investments.
|
|
|
36
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 100.0%
|
|||
|
|
Automobiles & Components - 1.3%
|
||
|
1,476
|
Tesla, Inc.*
|
$596,068
|
|
|
|
Banks - 0.1%
|
||
|
108
|
JP Morgan Chase & Co.
|
25,889
|
|
|
|
Capital Goods - 3.5%
|
||
|
217
|
Acuity Brands, Inc.
|
63,392
|
|
|
2,774
|
Builders FirstSource, Inc.*
|
396,488
|
|
|
4,209
|
Fastenal Co.
|
302,669
|
|
|
1,513
|
Ferguson Enterprises, Inc.
|
262,611
|
|
|
326
|
Illinois Tool Works, Inc.
|
82,661
|
|
|
1,043
|
Masco Corp.
|
75,691
|
|
|
467
|
WW Grainger, Inc.
|
492,241
|
|
|
|
|
|
1,675,753
|
|
|
Commercial & Professional Services - 1.5%
|
||
|
1,334
|
Cintas Corp.
|
243,722
|
|
|
4,137
|
Robert Half, Inc.
|
291,493
|
|
|
1,726
|
Veralto Corp.
|
175,793
|
|
|
|
|
|
711,008
|
|
|
Consumer Discretionary Distribution & Retail - 10.0%
|
||
|
1,513
|
Abercrombie & Fitch Co. Class A*
|
226,148
|
|
|
9,829
|
Amazon.com, Inc.*
|
2,156,384
|
|
|
35
|
AutoZone, Inc.*
|
112,070
|
|
|
1,042
|
Bath & Body Works, Inc.
|
40,398
|
|
|
1,476
|
Best Buy Co., Inc.
|
126,641
|
|
|
4,391
|
Gap, Inc.
|
103,759
|
|
|
38
|
Genuine Parts Co.
|
4,437
|
|
|
2,378
|
Home Depot, Inc.
|
925,018
|
|
|
1,262
|
Lowe's Cos., Inc.
|
311,462
|
|
|
143
|
O'Reilly Automotive, Inc.*
|
169,569
|
|
|
2,014
|
TJX Cos., Inc.
|
243,311
|
|
|
545
|
Tractor Supply Co.
|
28,918
|
|
|
178
|
Ulta Beauty, Inc.*
|
77,418
|
|
|
1,009
|
Williams-Sonoma, Inc.
|
186,847
|
|
|
|
|
|
4,712,380
|
|
|
Consumer Durables & Apparel - 1.5%
|
||
|
790
|
Deckers Outdoor Corp.*
|
160,441
|
|
|
899
|
Lululemon Athletica, Inc.*
|
343,787
|
|
|
2,287
|
NIKE, Inc. Class B
|
173,057
|
|
|
181
|
Ralph Lauren Corp.
|
41,807
|
|
|
|
|
|
719,092
|
|
|
Consumer Services - 1.0%
|
||
|
96
|
Booking Holdings, Inc.
|
476,968
|
|
|
|
Consumer Staples Distribution & Retail - 4.8%
|
||
|
1,118
|
Albertsons Cos., Inc. Class A
|
21,957
|
|
|
974
|
Costco Wholesale Corp.
|
892,447
|
|
|
2,952
|
Kroger Co.
|
180,515
|
|
|
971
|
Target Corp.
|
131,260
|
|
|
11,444
|
Walmart, Inc.
|
1,033,965
|
|
|
|
|
|
2,260,144
|
|
|
Energy - 3.4%
|
||
|
470
|
APA Corp.
|
10,852
|
|
|
3,528
|
ChampionX Corp.
|
95,926
|
|
|
5,146
|
EOG Resources, Inc.
|
630,797
|
|
|
7,487
|
Exxon Mobil Corp.
|
805,377
|
|
|
936
|
Weatherford International PLC
|
67,046
|
|
|
|
|
|
1,609,998
|
|
|
Equity Real Estate Investment Trusts (REITs) - 0.3%
|
||
|
539
|
Lamar Advertising Co. Class A, REIT
|
65,618
|
|
|
325
|
SBA Communications Corp. REIT
|
66,235
|
|
|
|
|
|
131,853
|
|
|
Financial Services - 4.9%
|
||
|
794
|
Berkshire Hathaway, Inc. Class B*
|
359,904
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 100.0% - (continued)
|
|||
|
|
Financial Services - 4.9% - (continued)
|
||
|
1,835
|
Mastercard, Inc. Class A
|
$966,256
|
|
|
3,203
|
Visa, Inc. Class A
|
1,012,276
|
|
|
|
|
|
2,338,436
|
|
|
Health Care Equipment & Services - 2.4%
|
||
|
467
|
IDEXX Laboratories, Inc.*
|
193,077
|
|
|
2,014
|
Lantheus Holdings, Inc.*
|
180,172
|
|
|
1,510
|
UnitedHealth Group, Inc.
|
763,849
|
|
|
|
|
|
1,137,098
|
|
|
Household & Personal Products - 2.0%
|
||
|
935
|
Colgate-Palmolive Co.
|
85,001
|
|
|
5,147
|
Procter & Gamble Co.
|
862,894
|
|
|
|
|
|
947,895
|
|
|
Materials - 2.1%
|
||
|
179
|
PPG Industries, Inc.
|
21,381
|
|
|
684
|
Reliance, Inc.
|
184,174
|
|
|
2,233
|
RPM International, Inc.
|
274,793
|
|
|
1,476
|
Sherwin-Williams Co.
|
501,737
|
|
|
|
|
|
982,085
|
|
|
Media & Entertainment - 9.5%
|
||
|
12,815
|
Alphabet, Inc. Class A
|
2,425,880
|
|
|
1,478
|
Electronic Arts, Inc.
|
216,231
|
|
|
7,017
|
Match Group, Inc.*
|
229,526
|
|
|
2,591
|
Meta Platforms, Inc. Class A
|
1,517,056
|
|
|
502
|
New York Times Co. Class A
|
26,129
|
|
|
2,414
|
Pinterest, Inc. Class A*
|
70,006
|
|
|
|
|
|
4,484,828
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 8.6%
|
||
|
4,499
|
AbbVie, Inc.
|
799,472
|
|
|
8,819
|
Alkermes PLC*
|
253,634
|
|
|
934
|
Eli Lilly & Co.
|
721,048
|
|
|
3,202
|
Exelixis, Inc.*
|
106,627
|
|
|
1,584
|
Gilead Sciences, Inc.
|
146,314
|
|
|
1,870
|
Incyte Corp.*
|
129,161
|
|
|
5,327
|
Johnson & Johnson
|
770,391
|
|
|
7,452
|
Merck & Co., Inc.
|
741,325
|
|
|
251
|
Mettler-Toledo International, Inc.*
|
307,144
|
|
|
395
|
Zoetis, Inc.
|
64,357
|
|
|
|
|
|
4,039,473
|
|
|
Real Estate Management & Development - 0.7%
|
||
|
2,232
|
CoStar Group, Inc.*
|
159,789
|
|
|
2,627
|
Zillow Group, Inc. Class C*
|
194,529
|
|
|
|
|
|
354,318
|
|
|
Semiconductors & Semiconductor Equipment - 12.4%
|
||
|
1,945
|
Applied Materials, Inc.
|
316,315
|
|
|
395
|
Axcelis Technologies, Inc.*
|
27,599
|
|
|
5,109
|
Broadcom, Inc.
|
1,184,471
|
|
|
830
|
Cirrus Logic, Inc.*
|
82,651
|
|
|
362
|
KLA Corp.
|
228,104
|
|
|
2,808
|
Lam Research Corp.
|
202,822
|
|
|
1,231
|
Lattice Semiconductor Corp.*
|
69,736
|
|
|
56
|
Monolithic Power Systems, Inc.
|
33,135
|
|
|
19,653
|
NVIDIA Corp.
|
2,639,201
|
|
|
1,151
|
NXP Semiconductors NV
|
239,235
|
|
|
828
|
ON Semiconductor Corp.*
|
52,205
|
|
|
2,662
|
QUALCOMM, Inc.
|
408,937
|
|
|
2,015
|
Teradyne, Inc.
|
253,729
|
|
|
578
|
Texas Instruments, Inc.
|
108,381
|
|
|
|
|
|
5,846,521
|
|
|
Software & Services - 20.7%
|
||
|
1,150
|
Accenture PLC Class A
|
404,558
|
|
|
898
|
Adobe, Inc.*
|
399,323
|
|
|
1,114
|
Appfolio, Inc. Class A*
|
274,846
|
|
|
2,305
|
AppLovin Corp. Class A*
|
746,428
|
|
|
|
37
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 100.0% - (continued)
|
|||
|
|
Software & Services - 20.7% - (continued)
|
||
|
1,802
|
Atlassian Corp. Class A*
|
$438,571
|
|
|
935
|
Autodesk, Inc.*
|
276,358
|
|
|
1,870
|
Cadence Design Systems, Inc.*
|
561,860
|
|
|
3,277
|
Cognizant Technology Solutions Corp. Class A
|
252,001
|
|
|
2,302
|
Commvault Systems, Inc.*
|
347,395
|
|
|
505
|
Datadog, Inc. Class A*
|
72,159
|
|
|
4,537
|
DocuSign, Inc.*
|
408,058
|
|
|
20,336
|
Dropbox, Inc. Class A*
|
610,893
|
|
|
290
|
Fair Isaac Corp.*
|
577,370
|
|
|
3,314
|
Fortinet, Inc.*
|
313,107
|
|
|
649
|
Gartner, Inc.*
|
314,421
|
|
|
434
|
HubSpot, Inc.*
|
302,398
|
|
|
288
|
Intuit, Inc.
|
181,008
|
|
|
650
|
Manhattan Associates, Inc.*
|
175,656
|
|
|
4,246
|
Microsoft Corp.
|
1,789,689
|
|
|
2,338
|
Nutanix, Inc. Class A*
|
143,039
|
|
|
178
|
Palantir Technologies, Inc. Class A*
|
13,462
|
|
|
212
|
Palo Alto Networks, Inc.*
|
38,576
|
|
|
431
|
Qualys, Inc.*
|
60,435
|
|
|
325
|
ServiceNow, Inc.*
|
344,539
|
|
|
2,052
|
Smartsheet, Inc. Class A*
|
114,974
|
|
|
577
|
Synopsys, Inc.*
|
280,053
|
|
|
1,692
|
VeriSign, Inc.*
|
350,176
|
|
|
|
|
|
9,791,353
|
|
|
Technology Hardware & Equipment - 9.2%
|
||
|
9,178
|
Apple, Inc.
|
2,298,355
|
|
|
2,020
|
Arista Networks, Inc.*
|
223,271
|
|
|
397
|
CDW Corp.
|
69,094
|
|
|
3,133
|
Cisco Systems, Inc.
|
185,474
|
|
|
649
|
Dell Technologies, Inc. Class C
|
74,791
|
|
|
538
|
F5, Inc.*
|
135,291
|
|
|
8,639
|
HP, Inc.
|
281,890
|
|
|
826
|
Keysight Technologies, Inc.*
|
132,680
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 100.0% - (continued)
|
|||
|
|
Technology Hardware & Equipment - 9.2% - (continued)
|
||
|
682
|
Motorola Solutions, Inc.
|
$315,241
|
|
|
3,995
|
NetApp, Inc.
|
463,739
|
|
|
2,662
|
Pure Storage, Inc. Class A*
|
163,527
|
|
|
|
|
|
4,343,353
|
|
|
Transportation - 0.1%
|
||
|
145
|
Landstar System, Inc.
|
24,920
|
|
|
|
Total Common Stocks
(cost $46,865,228)
|
|
$47,209,433
|
|
|
Total Investments
(cost $46,865,228)
|
100.0
%
|
$47,209,433
|
|
|
Other Assets and Liabilities
|
0.0
%
|
21,273
|
|
|
Net Assets
|
100.0
%
|
$47,230,706
|
|
*
|
Non-income producing.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent shareholder report.
|
|
|
38
|
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Automobiles & Components
|
$596,068
|
$596,068
|
$—
|
$—
|
|
Banks
|
25,889
|
25,889
|
—
|
—
|
|
Capital Goods
|
1,675,753
|
1,675,753
|
—
|
—
|
|
Commercial & Professional Services
|
711,008
|
711,008
|
—
|
—
|
|
Consumer Discretionary Distribution & Retail
|
4,712,380
|
4,712,380
|
—
|
—
|
|
Consumer Durables & Apparel
|
719,092
|
719,092
|
—
|
—
|
|
Consumer Services
|
476,968
|
476,968
|
—
|
—
|
|
Consumer Staples Distribution & Retail
|
2,260,144
|
2,260,144
|
—
|
—
|
|
Energy
|
1,609,998
|
1,609,998
|
—
|
—
|
|
Equity Real Estate Investment Trusts (REITs)
|
131,853
|
131,853
|
—
|
—
|
|
Financial Services
|
2,338,436
|
2,338,436
|
—
|
—
|
|
Health Care Equipment & Services
|
1,137,098
|
1,137,098
|
—
|
—
|
|
Household & Personal Products
|
947,895
|
947,895
|
—
|
—
|
|
Materials
|
982,085
|
982,085
|
—
|
—
|
|
Media & Entertainment
|
4,484,828
|
4,484,828
|
—
|
—
|
|
Pharmaceuticals, Biotechnology & Life Sciences
|
4,039,473
|
4,039,473
|
—
|
—
|
|
Real Estate Management & Development
|
354,318
|
354,318
|
—
|
—
|
|
Semiconductors & Semiconductor Equipment
|
5,846,521
|
5,846,521
|
—
|
—
|
|
Software & Services
|
9,791,353
|
9,791,353
|
—
|
—
|
|
Technology Hardware & Equipment
|
4,343,353
|
4,343,353
|
—
|
—
|
|
Transportation
|
24,920
|
24,920
|
—
|
—
|
|
Total
|
$47,209,433
|
$47,209,433
|
$—
|
$—
|
|
(1)
|
For the period ended December 31, 2024, there were no transfers in and out of Level
3.
|
|
|
39
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8%
|
|||
|
|
Banks - 14.7%
|
||
|
14,074
|
Bank of America Corp.
|
$618,552
|
|
|
3,078
|
Bank OZK
|
137,063
|
|
|
13,560
|
Citigroup, Inc.
|
954,488
|
|
|
2,359
|
Citizens Financial Group, Inc.
|
103,230
|
|
|
1,920
|
Columbia Banking System, Inc.
|
51,859
|
|
|
9,034
|
Fifth Third Bancorp
|
381,958
|
|
|
8
|
First Citizens BancShares, Inc. Class A
|
16,904
|
|
|
2,516
|
First Horizon Corp.
|
50,672
|
|
|
20,311
|
Huntington Bancshares, Inc.
|
330,460
|
|
|
2,841
|
JP Morgan Chase & Co.
|
681,016
|
|
|
4,518
|
M&T Bank Corp.
|
849,429
|
|
|
3,160
|
PNC Financial Services Group, Inc.
|
609,406
|
|
|
1,427
|
Popular, Inc.
|
134,224
|
|
|
22,115
|
Regions Financial Corp.
|
520,145
|
|
|
14,556
|
U.S. Bancorp
|
696,214
|
|
|
12,753
|
Wells Fargo & Co.
|
895,771
|
|
|
|
|
|
7,031,391
|
|
|
Capital Goods - 4.9%
|
||
|
3,759
|
Boise Cascade Co.
|
446,795
|
|
|
2,640
|
Builders FirstSource, Inc.*
|
377,335
|
|
|
922
|
Caterpillar, Inc.
|
334,465
|
|
|
200
|
Cummins, Inc.
|
69,720
|
|
|
1,498
|
Ferguson Enterprises, Inc.
|
260,008
|
|
|
801
|
Illinois Tool Works, Inc.
|
203,101
|
|
|
1,622
|
Mueller Industries, Inc.
|
128,722
|
|
|
5,079
|
Terex Corp.
|
234,751
|
|
|
840
|
UFP Industries, Inc.
|
94,626
|
|
|
198
|
WW Grainger, Inc.
|
208,702
|
|
|
|
|
|
2,358,225
|
|
|
Commercial & Professional Services - 0.8%
|
||
|
1,198
|
Cintas Corp.
|
218,875
|
|
|
2,283
|
Robert Half, Inc.
|
160,860
|
|
|
|
|
|
379,735
|
|
|
Consumer Discretionary Distribution & Retail - 4.2%
|
||
|
7,194
|
Best Buy Co., Inc.
|
617,245
|
|
|
222
|
Dick's Sporting Goods, Inc.
|
50,803
|
|
|
28,669
|
Gap, Inc.
|
677,448
|
|
|
402
|
Home Depot, Inc.
|
156,374
|
|
|
1,080
|
Lowe's Cos., Inc.
|
266,544
|
|
|
5,799
|
Macy's, Inc.
|
98,177
|
|
|
1,039
|
TJX Cos., Inc.
|
125,522
|
|
|
104
|
Williams-Sonoma, Inc.
|
19,259
|
|
|
|
|
|
2,011,372
|
|
|
Consumer Durables & Apparel - 0.2%
|
||
|
881
|
PulteGroup, Inc.
|
95,941
|
|
|
|
Consumer Services - 0.2%
|
||
|
7
|
Booking Holdings, Inc.
|
34,779
|
|
|
921
|
H&R Block, Inc.
|
48,666
|
|
|
|
|
|
83,445
|
|
|
Consumer Staples Distribution & Retail - 3.9%
|
||
|
18,074
|
Albertsons Cos., Inc. Class A
|
354,973
|
|
|
10,155
|
Kroger Co.
|
620,978
|
|
|
3,998
|
Target Corp.
|
540,450
|
|
|
3,920
|
Walmart, Inc.
|
354,172
|
|
|
|
|
|
1,870,573
|
|
|
Energy - 10.4%
|
||
|
21,231
|
APA Corp.
|
490,224
|
|
|
602
|
ChampionX Corp.
|
16,368
|
|
|
2,400
|
Chevron Corp.
|
347,616
|
|
|
2,283
|
Chord Energy Corp.
|
266,928
|
|
|
3,798
|
ConocoPhillips
|
376,648
|
|
|
10,555
|
Devon Energy Corp.
|
345,465
|
|
|
80
|
Diamondback Energy, Inc.
|
13,106
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Energy - 10.4% - (continued)
|
||
|
7,719
|
EOG Resources, Inc.
|
$946,195
|
|
|
3,839
|
Exxon Mobil Corp.
|
412,961
|
|
|
2,080
|
HF Sinclair Corp.
|
72,904
|
|
|
9,397
|
Magnolia Oil & Gas Corp. Class A
|
219,702
|
|
|
4,236
|
Marathon Petroleum Corp.
|
590,922
|
|
|
918
|
Ovintiv, Inc.
|
37,179
|
|
|
1,798
|
Phillips 66
|
204,846
|
|
|
198
|
SM Energy Co.
|
7,675
|
|
|
5,199
|
Valero Energy Corp.
|
637,346
|
|
|
320
|
Weatherford International PLC
|
22,922
|
|
|
|
|
|
5,009,007
|
|
|
Equity Real Estate Investment Trusts (REITs) - 4.8%
|
||
|
1,639
|
American Tower Corp. REIT
|
300,609
|
|
|
359
|
Crown Castle, Inc. REIT
|
32,583
|
|
|
278
|
Equinix, Inc. REIT
|
262,123
|
|
|
3,757
|
Iron Mountain, Inc. REIT
|
394,898
|
|
|
4,479
|
Lamar Advertising Co. Class A, REIT
|
545,274
|
|
|
641
|
SBA Communications Corp. REIT
|
130,636
|
|
|
1,327
|
Simon Property Group, Inc. REIT
|
228,523
|
|
|
12,754
|
VICI Properties, Inc. REIT
|
372,544
|
|
|
1,881
|
Weyerhaeuser Co. REIT
|
52,950
|
|
|
|
|
|
2,320,140
|
|
|
Financial Services - 15.8%
|
||
|
478
|
American Express Co.
|
141,866
|
|
|
8,037
|
Bank of New York Mellon Corp.
|
617,483
|
|
|
1,001
|
Berkshire Hathaway, Inc. Class B*
|
453,733
|
|
|
1,514
|
Capital One Financial Corp.
|
269,977
|
|
|
3,317
|
Corebridge Financial, Inc.
|
99,278
|
|
|
443
|
Essent Group Ltd.
|
24,117
|
|
|
373
|
Goldman Sachs Group, Inc.
|
213,587
|
|
|
799
|
Jack Henry & Associates, Inc.
|
140,065
|
|
|
4,925
|
Jackson Financial, Inc. Class A
|
428,869
|
|
|
11,793
|
Janus Henderson Group PLC
|
501,556
|
|
|
1,318
|
Mastercard, Inc. Class A
|
694,019
|
|
|
10,775
|
MGIC Investment Corp.
|
255,475
|
|
|
1,319
|
Moody's Corp.
|
624,375
|
|
|
760
|
Morgan Stanley
|
95,547
|
|
|
196
|
MSCI, Inc.
|
117,602
|
|
|
6,396
|
PayPal Holdings, Inc.*
|
545,899
|
|
|
3,959
|
Radian Group, Inc.
|
125,579
|
|
|
7,039
|
State Street Corp.
|
690,878
|
|
|
10,874
|
Synchrony Financial
|
706,810
|
|
|
4,516
|
T Rowe Price Group, Inc.
|
510,714
|
|
|
1,080
|
Visa, Inc. Class A
|
341,323
|
|
|
|
|
|
7,598,752
|
|
|
Food, Beverage & Tobacco - 0.7%
|
||
|
5,996
|
Altria Group, Inc.
|
313,531
|
|
|
|
Health Care Equipment & Services - 4.9%
|
||
|
16,726
|
CVS Health Corp.
|
750,830
|
|
|
1,398
|
Elevance Health, Inc.
|
515,722
|
|
|
1,040
|
HCA Healthcare, Inc.
|
312,156
|
|
|
1,118
|
Humana, Inc.
|
283,648
|
|
|
1,728
|
Lantheus Holdings, Inc.*
|
154,587
|
|
|
678
|
UnitedHealth Group, Inc.
|
342,973
|
|
|
|
|
|
2,359,916
|
|
|
Insurance - 4.8%
|
||
|
1,880
|
Axis Capital Holdings Ltd.
|
166,606
|
|
|
1,199
|
Chubb Ltd.
|
331,284
|
|
|
3,439
|
Cincinnati Financial Corp.
|
494,184
|
|
|
38
|
Everest Group Ltd.
|
13,774
|
|
|
23,190
|
Lincoln National Corp.
|
735,355
|
|
|
79
|
Markel Group, Inc.*
|
136,372
|
|
|
243
|
Progressive Corp.
|
58,225
|
|
|
|
40
|
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Insurance - 4.8% - (continued)
|
||
|
1,598
|
Prudential Financial, Inc.
|
$189,411
|
|
|
2,603
|
Unum Group
|
190,097
|
|
|
|
|
|
2,315,308
|
|
|
Materials - 4.4%
|
||
|
2,158
|
Cabot Corp.
|
197,047
|
|
|
4,839
|
Commercial Metals Co.
|
240,014
|
|
|
999
|
Nucor Corp.
|
116,593
|
|
|
1,080
|
Reliance, Inc.
|
290,801
|
|
|
1,160
|
Sherwin-Williams Co.
|
394,319
|
|
|
4,678
|
Smurfit WestRock PLC
|
251,957
|
|
|
5,437
|
Steel Dynamics, Inc.
|
620,199
|
|
|
|
|
|
2,110,930
|
|
|
Media & Entertainment - 2.9%
|
||
|
3,435
|
Alphabet, Inc. Class A
|
650,245
|
|
|
1,517
|
Comcast Corp. Class A
|
56,933
|
|
|
1,170
|
Meta Platforms, Inc. Class A
|
685,047
|
|
|
|
|
|
1,392,225
|
|
|
Pharmaceuticals, Biotechnology & Life Sciences - 3.0%
|
||
|
79
|
Eli Lilly & Co.
|
60,988
|
|
|
4,677
|
Gilead Sciences, Inc.
|
432,014
|
|
|
3,201
|
Johnson & Johnson
|
462,929
|
|
|
1,241
|
Merck & Co., Inc.
|
123,455
|
|
|
23,307
|
Organon & Co.
|
347,740
|
|
|
|
|
|
1,427,126
|
|
|
Semiconductors & Semiconductor Equipment - 2.0%
|
||
|
438
|
Applied Materials, Inc.
|
71,232
|
|
|
3,541
|
NVIDIA Corp.
|
475,521
|
|
|
361
|
NXP Semiconductors NV
|
75,034
|
|
|
2,118
|
QUALCOMM, Inc.
|
325,367
|
|
|
|
|
|
947,154
|
|
|
Software & Services - 0.2%
|
||
|
758
|
Cognizant Technology Solutions Corp. Class A
|
58,290
|
|
|
159
|
International Business Machines Corp.
|
34,953
|
|
|
|
|
|
93,243
|
|
|
Technology Hardware & Equipment - 5.4%
|
||
|
762
|
Apple, Inc.
|
190,820
|
|
|
6,237
|
Avnet, Inc.
|
326,320
|
|
|
2,320
|
Cisco Systems, Inc.
|
137,344
|
|
|
2,920
|
Dell Technologies, Inc. Class C
|
336,501
|
|
|
22,993
|
Hewlett Packard Enterprise Co.
|
490,900
|
|
|
26,829
|
HP, Inc.
|
875,430
|
|
|
1,797
|
NetApp, Inc.
|
208,596
|
|
|
|
|
|
2,565,911
|
|
Shares or Principal Amount
|
|
Market Value†
|
|
|
COMMON STOCKS - 99.8% - (continued)
|
|||
|
|
Telecommunication Services - 3.1%
|
||
|
34,228
|
AT&T, Inc.
|
$779,371
|
|
|
822
|
T-Mobile U.S., Inc.
|
181,440
|
|
|
13,633
|
Verizon Communications, Inc.
|
545,184
|
|
|
|
|
|
1,505,995
|
|
|
Transportation - 1.5%
|
||
|
2,037
|
FedEx Corp.
|
573,069
|
|
|
1,013
|
Ryder System, Inc.
|
158,899
|
|
|
|
|
|
731,968
|
|
|
Utilities - 7.0%
|
||
|
437
|
American Electric Power Co., Inc.
|
40,305
|
|
|
1,123
|
DTE Energy Co.
|
135,602
|
|
|
4,238
|
Duke Energy Corp.
|
456,602
|
|
|
6,640
|
Entergy Corp.
|
503,445
|
|
|
1,441
|
Exelon Corp.
|
54,239
|
|
|
9,876
|
National Fuel Gas Co.
|
599,276
|
|
|
4,677
|
NextEra Energy, Inc.
|
335,294
|
|
|
8,277
|
NRG Energy, Inc.
|
746,751
|
|
|
5,038
|
Southern Co.
|
414,728
|
|
|
1,318
|
Xcel Energy, Inc.
|
88,991
|
|
|
|
|
|
3,375,233
|
|
|
Total Common Stocks
(cost $50,230,139)
|
|
$47,897,121
|
|
|
Total Investments
(cost $50,230,139)
|
99.8
%
|
$47,897,121
|
|
|
Other Assets and Liabilities
|
0.2
%
|
115,742
|
|
|
Net Assets
|
100.0
%
|
$48,012,863
|
|
*
|
Non-income producing.
|
|
†
|
For information regarding the Fund’s significant accounting policies, please refer to
the Fund’s most recent shareholder report.
|
|
|
41
|
|
|
Description
|
Total
|
Level 1
|
Level 2
|
Level 3(1)
|
|
Assets
|
|
|
|
|
|
Common Stocks
|
|
|
|
|
|
Banks
|
$7,031,391
|
$7,031,391
|
$—
|
$—
|
|
Capital Goods
|
2,358,225
|
2,358,225
|
—
|
—
|
|
Commercial & Professional Services
|
379,735
|
379,735
|
—
|
—
|
|
Consumer Discretionary Distribution & Retail
|
2,011,372
|
2,011,372
|
—
|
—
|
|
Consumer Durables & Apparel
|
95,941
|
95,941
|
—
|
—
|
|
Consumer Services
|
83,445
|
83,445
|
—
|
—
|
|
Consumer Staples Distribution & Retail
|
1,870,573
|
1,870,573
|
—
|
—
|
|
Energy
|
5,009,007
|
5,009,007
|
—
|
—
|
|
Equity Real Estate Investment Trusts (REITs)
|
2,320,140
|
2,320,140
|
—
|
—
|
|
Financial Services
|
7,598,752
|
7,598,752
|
—
|
—
|
|
Food, Beverage & Tobacco
|
313,531
|
313,531
|
—
|
—
|
|
Health Care Equipment & Services
|
2,359,916
|
2,359,916
|
—
|
—
|
|
Insurance
|
2,315,308
|
2,315,308
|
—
|
—
|
|
Materials
|
2,110,930
|
2,110,930
|
—
|
—
|
|
Media & Entertainment
|
1,392,225
|
1,392,225
|
—
|
—
|
|
Pharmaceuticals, Biotechnology & Life Sciences
|
1,427,126
|
1,427,126
|
—
|
—
|
|
Semiconductors & Semiconductor Equipment
|
947,154
|
947,154
|
—
|
—
|
|
Software & Services
|
93,243
|
93,243
|
—
|
—
|
|
Technology Hardware & Equipment
|
2,565,911
|
2,565,911
|
—
|
—
|
|
Telecommunication Services
|
1,505,995
|
1,505,995
|
—
|
—
|
|
Transportation
|
731,968
|
731,968
|
—
|
—
|
|
Utilities
|
3,375,233
|
3,375,233
|
—
|
—
|
|
Total
|
$47,897,121
|
$47,897,121
|
$—
|
$—
|
|
(1)
|
For the period ended December 31, 2024, there were no transfers in and out of Level
3.
|
|
|
42
|
|
|
Index Abbreviations:
|
|
|
EAFE
|
Europe, Australasia and Far East
|
|
S&P
|
Standard & Poor's
|
|
Other Abbreviations:
|
|
|
ADR
|
American Depositary Receipt
|
|
Bhd
|
Berhad
|
|
GDR
|
Global Depositary Receipt
|
|
KGaA
|
Kommanditgesellschaft Auf Aktien
|
|
MSCI
|
Morgan Stanley Capital International
|
|
NVDR
|
Non-Voting Depositary Receipt
|
|
PJSC
|
Private Joint Stock Company
|
|
PT
|
Perseroan Terbatas
|
|
REIT
|
Real Estate Investment Trust
|
|
Tbk
|
Terbuka
|
|
|
43
|
|