# EDGAR Filing Document

**Accession Number:** 0001635073
**File Stem:** 0001635073-26-000151
**Filing Date:** 2026-3
**Character Count:** 150475
**Document Hash:** 1a4910fb4ca805bb9d2a9abf08a9cc86
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001635073-26-000151.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0001635073-26-000151

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nushares ETF Trust
- **CENTRAL INDEX KEY:** 0001635073

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23161
- **FILM NUMBER:** 26788758

**BUSINESS ADDRESS:**
- **STREET 1:** 333 W. WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-917-8146

**MAIL ADDRESS:**
- **STREET 1:** 333 W. WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NuShares ETF Trust
- **DATE OF NAME CHANGE:** 20160614

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Nuveen ETF Trust
- **DATE OF NAME CHANGE:** 20150226

## Series and Classes Contracts Data

### Nuveen ESG Large-Cap ETF (Series ID: S000063599)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000206035 | Nuveen ESG Large-Cap ETF | NULC            |

## Nport-Ex

Portfolio of Investments January 31, 2026

NUDV

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.7%

COMMON STOCKS - 99.7%

COMMUNICATION SERVICES - 3.3%

15,222

Comcast Corp, Class A

$

452,854

19,190

Verizon Communications, Inc

854,339

TOTAL COMMUNICATION SERVICES

1,307,193

CONSUMER DISCRETIONARY - 6.5%

1,404

Darden Restaurants, Inc

279,887

5,435

eBay, Inc

495,781

2,117

Home Depot, Inc

793,007

1,338

Lowe's Cos, Inc

357,326

Tapestry, Inc

43,403

3,637

Yum! Brands, Inc

565,554

TOTAL CONSUMER DISCRETIONARY

2,534,958

CONSUMER STAPLES - 9.5%

8,831

Archer-Daniels-Midland Co

594,415

1,107

Bunge Global S.A.

126,065

1,400

General Mills, Inc

64,764

2,723

Hershey Co

530,304

736

J M Smucker Co

77,177

1,443

Kimberly-Clark Corp

144,285

13,497

Kraft Heinz Co

320,419

1,736

McCormick & Co, Inc

107,337

7,453

Procter & Gamble Co

1,131,142

7,066

SYSCO Corp

592,484

TOTAL CONSUMER STAPLES

3,688,392

ENERGY - 4.6%

11,640

Baker Hughes Co

652,306

15,681

Halliburton Co

525,627

7,938

ONEOK, Inc

628,610

TOTAL ENERGY

1,806,543

FINANCIALS - 25.7%

4,463

Aflac, Inc

495,170

1,265

Allstate Corp

251,722

American International Group, Inc

6,964

5,433

Bank of New York Mellon Corp

651,525

1,259

Capital One Financial Corp

275,633

1,923

Cboe Global Markets, Inc

509,710

7,920

Citigroup, Inc

916,423

Citizens Financial Group, Inc

29,727

2,334

CME Group, Inc

674,666

7,325

Fidelity National Information Services, Inc

404,706

3,828

Fifth Third Bancorp

192,242

1,113

Goldman Sachs Group, Inc

1,041,111

2,742

Huntington Bancshares, Inc

47,930

2,236

Intercontinental Exchange, Inc

388,572

2,360

Marsh & McLennan Cos, Inc

444,129

4,947

Morgan Stanley

904,312

5,491

NASDAQ, Inc

532,023

3,218

PNC Financial Services Group, Inc

718,579

1,343

Raymond James Financial, Inc

222,750

State Street Corp

9,684

2,042

Travelers Cos, Inc

580,970

12,612

US Bancorp

707,659

TOTAL FINANCIALS

10,006,207

HEALTH CARE - 13.0%

3,576

AbbVie, Inc

797,484

4,686

Baxter International, Inc

94,048

10,244

Bristol-Myers Squibb Co

563,932

2,215

Cigna Group

607,154

1,378

Elevance Health, Inc

476,430

Portfolio of Investments January 31, 2026

(continued)

NUDV

SHARES

DESCRIPTION

VALUE

HEALTH CARE

(continued)

5,278

Gilead Sciences, Inc

$

749,212

Labcorp Holdings, Inc

66,794

7,609

Merck & Co, Inc

839,044

1,697

Quest Diagnostics, Inc

317,390

5,386

Royalty Pharma plc

224,489

2,553

Zoetis, Inc

318,665

TOTAL HEALTH CARE

5,054,642

INDUSTRIALS - 13.4%

3,702

3M Co

566,998

2,204

Automatic Data Processing, Inc

543,991

811

Broadridge Financial Solutions, Inc

159,856

CH Robinson Worldwide, Inc

10,138

5,055

CSX Corp

190,877

948

Cummins, Inc

548,721

1,402

Deere & Co

740,256

1,792

Eaton Corp plc

629,745

1,863

Ferguson Enterprises, Inc

470,333

4,266

Johnson Controls International plc

508,763

Rockwell Automation, Inc

94,028

3,178

Union Pacific Corp

747,148

TOTAL INDUSTRIALS

5,210,854

INFORMATION TECHNOLOGY - 9.4%

2,039

Accenture plc, Class A

537,562

2,837

Analog Devices, Inc

881,966

8,763

Hewlett Packard Enterprise Co

188,580

3,193

International Business Machines Corp

979,293

1,496

Motorola Solutions, Inc

602,200

2,112

NXP Semiconductors NV

477,608

TOTAL INFORMATION TECHNOLOGY

3,667,209

MATERIALS - 2.8%

4,451

International Flavors & Fragrances, Inc

310,724

3,057

International Paper Co

123,258

1,611

PPG Industries, Inc

186,280

2,572

Steel Dynamics, Inc

461,854

TOTAL MATERIALS

1,082,116

REAL ESTATE - 5.2%

1,950

American Tower Corp

349,596

890

Digital Realty Trust, Inc

147,696

565

Equinix, Inc

463,825

945

Iron Mountain, Inc

87,063

2,184

ProLogis, Inc

285,143

3,666

Welltower, Inc

690,528

TOTAL REAL ESTATE

2,023,851

UTILITIES - 6.3%

2,440

American Water Works Co, Inc

315,077

2,912

Atmos Energy Corp

484,382

4,822

Essential Utilities, Inc

187,045

5,625

Eversource Energy

388,856

12,001

Exelon Corp

537,405

6,252

Sempra

543,987

TOTAL UTILITIES

2,456,752

TOTAL COMMON STOCKS

(Cost $34,947,725)

38,838,717

TOTAL LONG-TERM INVESTMENTS

(Cost $34,947,725)

38,838,717

OTHER ASSETS & LIABILITIES, NET - 0.3%

118,005

NET ASSETS - 100%

$

38,956,722

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

NUDV

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Common Stocks

$

38,838,717

$

–

$

–

$

38,838,717

Total

$

38,838,717

$

–

$

–

$

38,838,717

a

Portfolio of Investments January 31, 2026

NUEM

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 100.1%

COMMON STOCKS - 100.1%

COMMUNICATION SERVICES - 11.0%

562,309

America Movil SAB de C.V.

$

583,800

20,661

Autohome, Inc (ADR), ADR

455,369

177,332

Bharti Airtel Ltd

3,795,228

81,133

(a) Bilibili, Inc

2,836,128

21,006

CD Projekt S.A.

1,543,218

115,362

Info Edge India Ltd

1,566,879

65,618

International Games System Co Ltd

1,492,929

544,333

(b) Kuaishou Technology

5,586,423

1,181,748

(b) Meitu, Inc

1,168,175

630,184

Mobile Telecommunications Co KSCP

1,047,227

16,077

MTN Group Ltd

181,376

27,673

NAVER Corp

5,286,977

201,941

NetEase, Inc

5,300,832

189,298

Saudi Telecom Co

2,240,870

260,821

Telefonica Brasil S.A.

1,862,171

4,803,892

Telkom Indonesia Persero Tbk PT

1,030,325

115,335

Tencent Music Entertainment Group (ADR), ADR

1,935,321

5,707,288

(a) Vodafone Idea Ltd

693,033

TOTAL COMMUNICATION SERVICES

38,606,281

CONSUMER DISCRETIONARY - 12.9%

49,526

(a),(b)

Allegro.eu S.A.

409,221

98,723

ANTA Sports Products Ltd

989,164

20,185

Bajaj Auto Ltd

2,105,999

626,258

Chow Tai Fook Jewellery Group Ltd

1,154,733

6,076

(a) Coway Co Ltd

352,048

5,244

Dixon Technologies India Ltd

595,503

44,494

Eicher Motors Ltd

3,445,126

126,179

Empresas Copec S.A.

1,088,966

118,416

Falabella S.A.

930,609

(a),(c)

FF Group

154,609

(a) FSN E-Commerce Ventures Ltd

399,181

589,454

Geely Automobile Holdings Ltd

1,214,428

30,072

Hero MotoCorp Ltd

1,809,142

287,993

JD.com, Inc, Class A

4,144,898

38,660

Jollibee Foods Corp

134,600

1,033

Laopu Gold Co Ltd

102,907

LPP S.A.

2,005,924

128,195

Mahindra & Mahindra Ltd

4,782,602

281,326

(a),(b)

Meituan, Class B

3,501,400

59,756

Naspers Ltd

3,694,346

53,000

Petronas Dagangan Bhd

285,033

86,858

(b) Pop Mart International Group Ltd

2,486,837

1,365,499

Samvardhana Motherson International Ltd

1,675,932

32,141

Seres Group Co Ltd, Class A

481,285

1,182

Trent Ltd

48,642

21,288

Trip.com Group Ltd

1,313,310

34,420

Tube Investments of India Ltd

873,751

56,095

TVS Motor Co Ltd

2,242,519

234,521

Ultrapar Participacoes S.A.

1,136,871

348,693

Vibra Energia S.A.

1,915,445

105,600

Zhejiang China Commodities City Group Co Ltd, Class A

244,430

TOTAL CONSUMER DISCRETIONARY

45,564,857

CONSUMER STAPLES - 2.8%

1,067,125

(a) Alibaba Health Information Technology Ltd

890,899

99,562

Hindustan Unilever Ltd

2,568,399

172,316

(a),(b)

JD Health International, Inc

1,395,570

99,323

(a),(c)

Kwality Wall's India Ltd

43,406

354,776

(b) Nongfu Spring Co Ltd

2,177,800

SHARES

DESCRIPTION

VALUE

CONSUMER STAPLES

(continued)

821,752

Wal-Mart de Mexico SAB de C.V.

$

2,627,219

TOTAL CONSUMER STAPLES

9,703,293

ENERGY - 2.2%

523,978

ADNOC Drilling Co PJSC

760,433

1,986,543

Adnoc Gas plc

1,952,655

395,886

China Oilfield Services Ltd

434,427

13,408

HD Hyundai Co Ltd

2,179,708

199,746

Qatar Fuel QSC

850,333

280,815

Turkiye Petrol Rafinerileri AS.

1,580,587

TOTAL ENERGY

7,758,143

FINANCIALS - 20.6%

5,961,809

Agricultural Bank of China Ltd

4,175,717

173,463

Agricultural Bank of China Ltd, Class A

167,691

67,094

Al Rajhi Bank

1,917,636

1,388,960

B3 S.A.-Brasil Bolsa Balcao

4,284,498

1,831,233

Bank Mandiri Persero Tbk PT

525,859

9,389

Capitec Bank Holdings Ltd

2,547,380

582,370

Cathay Financial Holding Co Ltd

1,395,319

6,924,022

China Construction Bank Corp

7,012,947

58,958

China Construction Bank Corp, Class A

73,959

878,905

China Life Insurance Co Ltd

3,925,401

738,068

China Merchants Bank Co Ltd

4,523,085

41,367

China Merchants Bank Co Ltd, Class A

230,124

188,962

CITIC Securities Co Ltd

707,485

61,565

CITIC Securities Co Ltd, Class A

248,694

333,960

Commercial International Bank-Egypt (CIB)

953,562

1,460,909

CTBC Financial Holding Co Ltd

2,362,894

325,872

Eurobank S.A.

1,603,037

1,603,724

Fubon Financial Holding Co Ltd

4,632,300

45,469

Grupo Cibest S.A.

935,515

13,358

Hana Financial Group, Inc

928,954

606,303

HDFC Bank Ltd

6,124,822

6,995,812

Industrial & Commercial Bank of China Ltd

5,813,645

39,000

Kasikornbank PCL

234,260

34,172

KB Financial Group, Inc

3,209,709

750,136

Ping An Insurance Group Co of China Ltd

6,982,968

22,000

Ping An Insurance Group Co of China Ltd, Class A

211,255

99,215

Piraeus Bank S.A.

1,004,449

78,515

(b) Postal Savings Bank of China Co Ltd

51,273

518,537

Postal Savings Bank of China Co Ltd, Class A

377,454

283,495

Qatar National Bank QPSC

1,541,665

Santander Bank Polska S.A.

69,893

24,912

Shinhan Financial Group Co Ltd

1,458,998

493,691

Union Bank of India Ltd

970,127

904,885

Yuanta Financial Holding Co Ltd

1,237,855

TOTAL FINANCIALS

72,440,430

HEALTH CARE - 3.3%

47,482

(b) 3SBio, Inc

141,661

59,100

Bangkok Dusit Medical Services PCL

37,941

21,508

(a) BeOne Medicines Ltd

568,979

65,000

(a) Caliway Biopharmaceuticals Co Ltd

341,833

29,208

Celltrion, Inc

4,261,258

500,600

IHH Healthcare Bhd

1,137,843

123,596

Jiangsu Hengrui Pharmaceuticals Co Ltd, Class A

1,034,101

23,725

Shenzhen Mindray Bio-Medical Electronics Co Ltd, Class A

645,950

43,736

(b) WuXi AppTec Co Ltd

622,744

560,978

(a),(b)

Wuxi Biologics Cayman, Inc

2,657,744

TOTAL HEALTH CARE

11,450,054

Portfolio of Investments January 31, 2026

(continued)

NUEM

SHARES

DESCRIPTION

VALUE

INDUSTRIALS - 10.7%

10,209

ABB India Ltd

$

619,116

1,391,448

Airports of Thailand PCL

2,233,215

85,357

Bidvest Group Ltd

1,248,408

23,763

(d) Contemporary Amperex Technology Co Ltd

1,493,992

57,235

Contemporary Amperex Technology Co Ltd, Class A

2,881,799

1,784

Doosan Co Ltd

1,054,734

32,110

(a) Doosan Enerbility Co Ltd

2,021,096

82,488

Embraer S.A.

1,527,483

46,462

Evergreen Marine Corp Taiwan Ltd

274,609

730,735

(a) GMR Airports Ltd

745,848

35,899

Grupo Aeroportuario del Pacifico SAB de C.V., Class B

992,970

1,268

HD Hyundai Electric Co Ltd

783,140

1,014

HD Hyundai Heavy Industries Co Ltd

405,065

13,769

HD Korea Shipbuilding & Offshore Engineering Co Ltd

3,955,455

5,424

(b) InterGlobe Aviation Ltd

271,031

364,007

(a),(b)

JD Logistics, Inc

521,561

71,594

Kanzhun Ltd (ADR), ADR

1,325,921

11,218,500

Latam Airlines Group S.A.

368,433

29,925

LG Corp

1,906,435

4,850

(a) LS Electric Co Ltd

1,907,114

93,087

SF Holding Co Ltd, Class A

502,174

21,866

(a) SK Square Co Ltd

8,658,900

71,345

SM Investments Corp

848,184

2,525

(a) Sociedad Quimica y Minera de Chile S.A., Class B

198,025

24,600

Sungrow Power Supply Co Ltd, Class A

534,375

35,007

Turk Hava Yollari AO

244,689

35,800

Zhejiang Sanhua Intelligent Controls Co Ltd, Class A

262,347

TOTAL INDUSTRIALS

37,786,119

INFORMATION TECHNOLOGY - 25.1%

196,390

Delta Electronics, Inc

7,613,467

279,000

E Ink Holdings, Inc

1,551,478

256,700

Foxconn Industrial Internet Co Ltd, Class A

2,130,766

258,884

HCL Technologies Ltd

4,771,993

28,400

IEIT Systems Co Ltd, Class A

256,982

179,888

Infosys Ltd

3,209,090

18,783

King Slide Works Co Ltd

1,874,122

2,608,526

Lenovo Group Ltd

2,966,018

97,055

(a) LG Display Co Ltd

786,878

19,604

(a) Samsung SDI Co Ltd

5,311,630

885,564

Taiwan Semiconductor Manufacturing Co Ltd

49,948,398

173,785

TOTVS S.A.

1,479,424

3,227,194

United Microelectronics Corp

6,399,012

TOTAL INFORMATION TECHNOLOGY

88,299,258

MATERIALS - 8.3%

3,056,376

(a) Amman Mineral Internasional PT

1,383,882

23,865

AngloGold Ashanti PLC

2,292,588

18,342

APL Apollo Tubes Ltd

407,906

13,696

Asian Paints Ltd

361,549

1,648,700

Cemex SAB de C.V.

2,060,519

1,349,828

Chandra Asri Pacific Tbk PT

518,701

46,300

Cia de Minas Buenaventura SAA (ADR), ADR

1,586,238

143,533

(b) Ganfeng Lithium Group Co Ltd

1,111,918

352,381

Gerdau S.A.

1,508,988

43,151

Gold Fields Ltd

2,286,256

21,988

Jindal Stainless Ltd

196,616

5,186

LG Chem Ltd

1,118,697

99,717

Pidilite Industries Ltd

1,551,352

1,199,310

Press Metal Aluminium Holdings Bhd

2,300,046

298,454

(a) Saudi Arabian Mining Co

6,150,984

157,370

Saudi Basic Industries Corp

2,385,284

4,710

Supreme Industries Ltd

179,900

17,790

Valterra Platinum Ltd

1,686,098

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

SHARES

DESCRIPTION

VALUE

MATERIALS

(continued)

21,851

Zangge Mining Co Ltd, Class A

$

271,279

TOTAL MATERIALS

29,358,801

REAL ESTATE - 1.2%

770,823

Emaar Properties PJSC

3,148,229

97,730

(b) Lodha Developers Ltd

1,032,148

TOTAL REAL ESTATE

4,180,377

UTILITIES - 2.0%

474,782

China Yangtze Power Co Ltd, Class A

1,800,419

263,100

Cia Energetica de Minas Gerais

576,900

46,984

Engie Brasil Energia S.A.

294,078

49,013

ENN Energy Holdings Ltd

422,683

255,931

Petronas Gas Bhd

1,193,306

761,718

Power Grid Corp of India Ltd

2,123,991

165,876

Tenaga Nasional Bhd

586,583

TOTAL UTILITIES

6,997,960

TOTAL COMMON STOCKS

(Cost $246,536,147)

352,145,573

SHARES

DESCRIPTION

RATE

VALUE

PREFERRED STOCK - 0.0%

CONSUMER DISCRETIONARY - 0.0%

$

230,000

(c) TVS Motor Co Ltd

.000

%

TOTAL CONSUMER DISCRETIONARY

TOTAL PREFERRED STOCK

(Cost $0)

TOTAL LONG-TERM INVESTMENTS

(Cost $246,536,147)

352,145,598

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.3%

1,152,582

(e) State Street Navigator Securities Lending Government Money

Market Portfolio

3.710 (f)

$

1,152,582

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $1,152,582)

1,152,582

TOTAL INVESTMENTS - 100.4%

(Cost $247,688,729)

353,298,180

OTHER ASSETS & LIABILITIES, NET - (0.4)%

(1,264,390)

NET ASSETS - 100%

$

352,033,790

ADR

American Depositary Receipt

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid

and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

As of the end of the reporting period, the aggregate value of these securities is $23,135,506 or 6.5% of Total Investments.

(c) For fair value measurement disclosure purposes, investment classified as Level 3.

(d) Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end

of the reporting period was $1,120,252.

(e) The Fund may loan securities representing up to one third of the value of its total assets (which includes collateral for securities on

loan) to broker dealers, banks, and other institutions. The collateral maintained by the Fund shall have a value, at the inception of

each loan, equal to not less than 100% of the value of the loaned securities. The cash collateral received by the Fund is invested in

this money market fund.

(f) The rate shown is the one-day yield as of the end of the reporting period.

Portfolio of Investments January 31, 2026

(continued)

NUEM

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

NUEM

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Common Stocks

$

349,596,746

$

2,505,416

$

43,411

$

352,145,573

Preferred Stock

–

–

Investments Purchased with Collateral from Securities

Lending

1,152,582

–

–

1,152,582

Total

$

350,749,328

$

2,505,416

$

43,436

$

353,298,180

a

Portfolio of Investments January 31, 2026

NUDM

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.6%

COMMON STOCK RIGHTS - 0.0%

INDUSTRIALS - 0.0%

35,902

ACS Actividades de Construccion y Servicios SA

$

19,818

TOTAL INDUSTRIALS

19,818

UTILITIES - 0.0%

61,097

(a) Iberdrola SA

18,843

TOTAL UTILITIES

18,843

TOTAL COMMON STOCK RIGHTS

(Cost $37,257)

38,661

SHARES

DESCRIPTION

VALUE

COMMON STOCKS - 99.6%

COMMUNICATION SERVICES - 3.6%

22,830

CAR Group Ltd

441,422

390,542

Informa plc

4,716,108

329,720

SoftBank Group Corp

9,090,491

182,859

Telenor ASA

3,086,051

14,378

Universal Music Group NV

353,729

3,816,010

Vodafone Group plc

5,624,024

TOTAL COMMUNICATION SERVICES

23,311,825

CONSUMER DISCRETIONARY - 11.3%

81,497

Amadeus IT Group S.A.

5,489,495

28,700

Asics Corp

691,174

26,337

Avolta AG.

1,617,739

3,100

Bandai Namco Holdings, Inc

80,585

1,739

Bayerische Motoren Werke AG.

180,814

238,428

Bridgestone Corp

5,386,501

193,426

Cie Generale des Etablissements Michelin S.C.A

7,213,954

33,404

Compass Group plc

1,002,491

6,463

D'ieteren Group

1,483,158

77,790

Industria de Diseno Textil S.A.

5,089,878

122,200

Isuzu Motors Ltd

1,968,540

3,235

Kering S.A.

1,016,590

40,661

Moncler S.p.A

2,370,739

268,412

Oriental Land Co Ltd

4,714,523

701,447

Panasonic Holdings Corp

9,626,366

7,620

Pandora A.S.

617,884

66,124

Prosus NV

3,811,700

239,200

(b) Rakuten Group, Inc

1,434,332

42,400

Sanrio Co Ltd

1,306,962

30,100

Sekisui House Ltd

670,840

26,557

Sodexo S.A.

1,362,950

435,922

Sony Group Corp

9,760,629

175,800

Subaru Corp

3,791,564

276,500

Yamaha Motor Co Ltd

2,085,490

TOTAL CONSUMER DISCRETIONARY

72,774,898

CONSUMER STAPLES - 6.4%

238,688

Ajinomoto Co, Inc

5,446,530

92,264

Danone S.A.

7,226,750

30,759

Henkel AG. & Co KGaA

2,548,674

1,500

Kerry Group plc, Class A

133,479

39,226

(b) Magnum Ice Cream Co NV

698,414

88,315

Mowi ASA

2,036,966

51,826

Nestle S.A.

4,941,995

86,407

Orkla ASA

1,027,985

8,573

Reckitt Benckiser Group plc

716,681

700,401

Tesco plc

4,086,706

161,535

Unilever plc

10,951,417

Portfolio of Investments January 31, 2026

(continued)

NUDM

SHARES

DESCRIPTION

VALUE

CONSUMER STAPLES

(continued)

579,824

Wilmar International Ltd

$

1,548,939

TOTAL CONSUMER STAPLES

41,364,536

ENERGY - 0.5%

127,624

Neste Oyj

3,273,422

TOTAL ENERGY

3,273,422

FINANCIALS - 27.1%

172,005

3i Group plc

7,909,497

25,062

Ageas S.A.

1,787,417

213,996

AIB Group plc

2,405,794

27,993

Allianz SE

12,381,686

194,812

AXA S.A.

8,906,499

1,512,929

Banco de Sabadell S.A.

5,948,548

147,984

Bank Hapoalim BM

3,680,925

69,688

BNP Paribas S.A.

7,560,905

1,110,198

BOC Hong Kong Holdings Ltd

5,862,525

40,355

CaixaBank S.A.

535,535

19,962

Commonwealth Bank of Australia

2,088,707

149,700

Dai-ichi Life Holdings, Inc

1,312,519

202,288

Deutsche Bank AG.

8,013,741

266,783

DNB Bank ASA

7,690,225

7,469

Erste Group Bank AG.

972,966

218,910

Generali

8,956,096

83,629

Hong Kong Exchanges & Clearing Ltd

4,628,149

90,356

ING Groep NV

2,667,962

228,774

Insurance Australia Group Ltd

1,218,034

54,355

Legal & General Group plc

197,735

65,274

London Stock Exchange Group plc

7,275,060

301,863

Mizuho Financial Group, Inc

13,273,284

1,165,960

NatWest Group plc

10,643,127

68,092

Nordea Bank Abp

1,321,612

55,539

Societe Generale S.A.

4,876,131

117,050

Sompo Holdings, Inc

4,033,695

2,800

(b) Sony Financial Group, Inc

2,822

384,700

Sumitomo Mitsui Financial Group, Inc

13,646,301

439,693

Svenska Handelsbanken AB

6,983,630

59,443

Tokio Marine Holdings, Inc

2,206,859

44,536

UBS Group AG.

2,104,623

215,979

Westpac Banking Corp

5,873,624

168,300

Yokohama Financial Group, Inc

1,531,785

9,158

Zurich Insurance Group AG.

6,529,111

TOTAL FINANCIALS

175,027,129

HEALTH CARE - 12.0%

(b) Argenx SE

61,959

281,823

Astellas Pharma, Inc

3,916,949

117,917

Bayer AG.

6,250,900

120,700

Chugai Pharmaceutical Co Ltd

6,886,300

79,451

CSL Ltd

10,097,727

146,053

Daiichi Sankyo Co Ltd, Reg S

2,685,118

29,481

EssilorLuxottica S.A.

9,045,124

1,571

Eurofins Scientific SE

127,350

1,379,380

Haleon plc

7,172,026

Lonza Group AG.

324,524

38,313

Merck KGaA

5,722,474

3,701

(a),(b)

NMC Health plc

–

115,033

Novartis AG.

17,122,372

731

Sartorius AG.

205,061

1,372,907

Sigma Healthcare Ltd

2,971,931

17,054

UCB S.A.

5,181,650

TOTAL HEALTH CARE

77,771,465

SHARES

DESCRIPTION

VALUE

INDUSTRIALS - 20.4%

123,536

ABB Ltd

$

10,693,994

35,902

ACS Actividades de Construccion y Servicios S.A.

4,042,566

25,722

Alstom S.A.

826,820

1,872

Ashtead Group plc

120,402

243,328

Atlas Copco AB

5,050,865

57,068

Bouygues S.A.

3,096,518

409,217

Brambles Ltd

6,421,563

97,815

Bunzl plc

2,748,962

156,298

Computershare Ltd

3,581,567

Dai Nippon Printing Co Ltd

3,588

29,538

DCC plc

1,879,134

9,332

DSV A.S.

2,629,884

107,800

Ebara Corp

3,253,707

20,377

Eiffage S.A.

3,028,987

715,241

(b) Grab Holdings Ltd

3,075,536

8,984

(b) InPost S.A.

141,080

439,251

Keppel Ltd

3,783,305

241,511

Komatsu Ltd

9,282,502

12,303

Kuehne & Nagel International AG.

2,855,069

329,724

Mitsubishi Electric Corp

10,323,914

467,802

MTR Corp Ltd

2,071,346

68,100

Recruit Holdings Co Ltd

3,575,846

108,007

RELX plc

3,822,404

25,259

Schneider Electric SE

7,280,991

40,030

SGS S.A.

4,824,082

48,952

Siemens AG.

14,925,882

99,051

Smiths Group plc

3,411,662

105,199

Swire Pacific Ltd

1,015,661

172,903

Transurban Group

1,689,724

8,151

(c) VAT Group AG.

5,305,215

240,147

Vestas Wind Systems A.S.

7,331,959

TOTAL INDUSTRIALS

132,094,735

INFORMATION TECHNOLOGY - 7.3%

19,040

ASML Holding NV

27,534,588

7,740

Dassault Systemes SE

213,808

37,407

Logitech International S.A.

3,237,195

4,100

NEC Corp

138,474

18,483

(b) Nice Ltd

1,980,236

291,656

Nokia Oyj

1,881,965

59,699

SAP SE

12,113,376

TOTAL INFORMATION TECHNOLOGY

47,099,642

MATERIALS - 5.2%

113,602

Antofagasta plc

5,686,881

84,471

Boliden AB

5,979,217

27,109

Endeavour Mining plc

1,570,598

22,562

Evonik Industries AG.

351,617

304,522

Fortescue Ltd

4,479,990

1,449

Givaudan S.A.

5,622,508

77,000

Nitto Denko Corp

1,710,113

11,126

Northern Star Resources Ltd

225,567

Shin-Etsu Chemical Co Ltd

3,325

8,100

Sika AG.

1,559,938

73,971

Sumitomo Metal Mining Co Ltd

4,488,322

21,850

Syensqo S.A.

1,846,091

TOTAL MATERIALS

33,524,167

REAL ESTATE - 2.2%

759,200

CapitaLand Ascendas REIT

1,705,059

91,600

Daiwa House Industry Co Ltd

3,123,402

1,559,704

Scentre Group

4,458,014

1,093,892

Sino Land Co Ltd

1,650,006

20,979

Unibail-Rodamco-Westfield

2,321,072

Portfolio of Investments January 31, 2026

(continued)

NUDM

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

SHARES

DESCRIPTION

VALUE

REAL ESTATE

(continued)

26,660

Vonovia SE

$

780,536

TOTAL REAL ESTATE

14,038,089

UTILITIES - 3.6%

318,232

EDP S.A.

1,634,357

974,137

Enel S.p.A

10,786,917

61,097

Iberdrola S.A.

1,375,542

327,921

Meridian Energy Ltd

1,120,640

239,910

National Grid plc

4,064,179

158,155

Orsted AS.

3,567,633

5,958

Verbund AG.

439,099

TOTAL UTILITIES

22,988,367

TOTAL COMMON STOCKS

(Cost $489,634,794)

643,268,275

TOTAL LONG-TERM INVESTMENTS

(Cost $489,672,051)

643,306,936

OTHER ASSETS & LIABILITIES, NET - 0.4%

2,599,873

NET ASSETS - 100%

$

645,906,809

Reg S

Regulation S allows U.S. companies to sell securities to persons or entities located outside of the United States without registering

those securities with the Securities and Exchange Commission. Specifically, Regulation S provides a safe harbor from the

registration requirements of the Securities Act for the offers and sales of securities by both foreign and domestic issuers that are

made outside the United States.

REIT

Real Estate Investment Trust

(a) For fair value measurement disclosure purposes, investment classified as Level 3.

(b) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(c) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid

and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

As of the end of the reporting period, the aggregate value of these securities is $5,305,215 or 0.8% of Total Investments.

NUDM

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Common Stock Rights

$

19,818

$

–

$

18,843

$

38,661

Common Stocks

643,268,275

–

–

\*

643,268,275

Total

$

643,288,093

$

–

$

18,843

$

643,306,936

a

\*

Value equals zero as of the end of the reporting period.

Portfolio of Investments January 31, 2026

NULC

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.8%

COMMON STOCKS - 99.8%

COMMUNICATION SERVICES - 10.3%

5,087

Alphabet, Inc, Class A

$

1,719,406

6,551

Alphabet, Inc, Class C

2,217,710

10,814

AT&T, Inc

283,435

12,186

Comcast Corp, Class A

362,533

923

Electronic Arts, Inc

188,218

1,857

(a) Liberty Media Corp-Liberty Formula One, Class C

161,596

1,417

(a) Live Nation Entertainment, Inc

206,103

(a) Take-Two Interactive Software, Inc

71,377

7,880

Verizon Communications, Inc

350,818

TOTAL COMMUNICATION SERVICES

5,561,196

CONSUMER DISCRETIONARY - 9.2%

1,905

(a) Aptiv plc

144,304

(a) AutoZone, Inc

22,226

Booking Holdings, Inc

480,177

(a) Carvana Co

129,960

1,803

(a) DoorDash, Inc, Class A

368,930

2,864

eBay, Inc

261,254

5,828

Ford Motor Co

80,892

1,431

(a) Garmin Ltd

288,547

8,328

General Motors Co

699,552

1,518

Home Depot, Inc

568,627

586

Lowe's Cos, Inc

156,497

1,019

McDonald's Corp

320,985

(a) MercadoLibre, Inc

405,932

6,877

(a) Rivian Automotive, Inc, Class A

101,436

526

Royal Caribbean Cruises Ltd

170,766

5,094

TJX Cos, Inc

763,132

TOTAL CONSUMER DISCRETIONARY

4,963,217

CONSUMER STAPLES - 5.8%

1,311

Archer-Daniels-Midland Co

88,243

12,713

Coca-Cola Co

951,059

Colgate-Palmolive Co

40,360

992

Costco Wholesale Corp

932,728

6,152

Procter & Gamble Co

933,689

SYSCO Corp

25,826

1,519

Target Corp

160,209

TOTAL CONSUMER STAPLES

3,132,114

ENERGY - 2.7%

8,644

Baker Hughes Co

484,410

1,921

Cheniere Energy, Inc

406,330

4,212

Halliburton Co

141,186

5,507

ONEOK, Inc

436,099

TOTAL ENERGY

1,468,025

FINANCIALS - 14.9%

3,888

Aflac, Inc

431,374

685

American Express Co

241,236

993

Bank of New York Mellon Corp

119,080

841

Cboe Global Markets, Inc

222,915

638

Goldman Sachs Group, Inc

596,792

2,427

Intercontinental Exchange, Inc

421,764

2,784

Marsh & McLennan Cos, Inc

523,921

1,921

Mastercard, Inc, Class A

1,035,016

873

Moody's Corp

450,084

4,892

Morgan Stanley

894,258

2,272

PNC Financial Services Group, Inc

507,338

Progressive Corp

32,240

Prudential Financial, Inc

12,222

1,390

S&P Global, Inc

733,628

SHARES

DESCRIPTION

VALUE

FINANCIALS

(continued)

892

Travelers Cos, Inc

$

253,783

9,387

US Bancorp

526,704

3,185

Visa, Inc, Class A

1,025,028

Willis Towers Watson plc

9,842

TOTAL FINANCIALS

8,037,225

HEALTH CARE - 9.6%

2,690

AbbVie, Inc

599,897

2,456

Agilent Technologies, Inc

328,736

Amgen, Inc

121,367

3,533

Danaher Corp

773,338

5,084

(a) Edwards Lifesciences Corp

413,634

1,103

Elevance Health, Inc

381,351

1,159

Gilead Sciences, Inc

164,520

578

(a) IDEXX Laboratories, Inc

387,526

McKesson Corp

93,927

6,327

Merck & Co, Inc

697,678

(a) Mettler-Toledo International, Inc

247,183

Regeneron Pharmaceuticals, Inc

32,624

522

STERIS plc

137,077

Stryker Corp

67,630

1,362

(a) Veeva Systems, Inc, Class A

277,739

533

(a) Vertex Pharmaceuticals, Inc

250,457

West Pharmaceutical Services, Inc

38,828

1,306

Zoetis, Inc

163,015

TOTAL HEALTH CARE

5,176,527

INDUSTRIALS - 9.5%

1,845

3M Co

282,580

910

Automatic Data Processing, Inc

224,606

653

(a) Axon Enterprise, Inc

315,778

959

Carrier Global Corp

57,137

720

Caterpillar, Inc

473,299

1,010

(a) Copart, Inc

40,986

750

Cummins, Inc

434,115

Deere & Co

31,152

1,415

Eaton Corp plc

497,259

866

Ferguson Enterprises, Inc

218,631

1,055

GE Vernova, Inc

766,321

771

Johnson Controls International plc

91,950

688

Parker-Hannifin Corp

643,858

Trane Technologies plc

69,816

6,442

(a) Uber Technologies, Inc

515,682

1,051

Union Pacific Corp

247,090

United Rentals, Inc

56,308

1,139

Xylem, Inc

157,034

TOTAL INDUSTRIALS

5,123,602

INFORMATION TECHNOLOGY - 32.0%

1,824

Accenture plc, Class A

480,879

1,465

(a) Adobe, Inc

429,611

2,052

(a) Advanced Micro Devices, Inc

485,770

525

Analog Devices, Inc

163,212

1,038

Applied Materials, Inc

334,568

4,324

(a) Arista Networks, Inc

612,884

(a) Atlassian Corp, Class A

15,836

(a) Autodesk, Inc

40,459

5,227

Broadcom, Inc

1,731,705

1,223

(a) Cadence Design Systems, Inc

362,448

1,103

Cisco Systems, Inc

86,387

(a) Fair Isaac Corp

17,558

1,211

(a) GoDaddy, Inc, Class A

121,730

11,588

Hewlett Packard Enterprise Co

249,374

8,175

HP, Inc

158,922

Portfolio of Investments January 31, 2026

(continued)

NULC

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

SHARES

DESCRIPTION

VALUE

INFORMATION TECHNOLOGY

(continued)

8,409

(a) Intel Corp

$

390,766

2,888

International Business Machines Corp

885,750

716

Intuit, Inc

357,227

1,502

(a) Keysight Technologies, Inc

324,928

2,774

Lam Research Corp

647,618

Marvell Technology, Inc

38,907

714

(a) MongoDB, Inc

265,130

1,745

NetApp, Inc

168,131

24,253

NVIDIA Corp

4,635,476

1,473

(a) Okta, Inc

124,439

2,632

(a) Palo Alto Networks, Inc

465,785

(a) PTC, Inc

27,947

2,923

Salesforce, Inc

620,524

1,867

Seagate Technology Holdings plc

761,157

3,630

(a) ServiceNow, Inc

424,746

1,172

(a) Synopsys, Inc

545,115

Texas Instruments, Inc

107,344

2,082

(a) Trimble, Inc

140,743

1,342

(a) Twilio, Inc, Class A

161,657

621

VeriSign, Inc

151,667

3,039

Western Digital Corp

760,449

TOTAL INFORMATION TECHNOLOGY

17,296,849

MATERIALS - 1.9%

2,231

Ecolab, Inc

629,120

2,499

International Paper Co

100,760

PPG Industries, Inc

24,629

730

Steel Dynamics, Inc

131,086

Vulcan Materials Co

114,205

TOTAL MATERIALS

999,800

REAL ESTATE - 2.2%

(a) CBRE Group, Inc, Class A

43,775

Equinix, Inc

102,616

2,531

ProLogis, Inc

330,448

3,714

Welltower, Inc

699,569

TOTAL REAL ESTATE

1,176,408

UTILITIES - 1.7%

American Water Works Co, Inc

48,553

2,326

Consolidated Edison, Inc

248,022

546

Eversource Energy

37,745

886

Exelon Corp

39,675

802

(a) Oklo, Inc

63,855

5,706

Sempra

496,479

TOTAL UTILITIES

934,329

TOTAL COMMON STOCKS

(Cost $43,104,737)

53,869,292

TOTAL LONG-TERM INVESTMENTS

(Cost $43,104,737)

53,869,292

OTHER ASSETS & LIABILITIES, NET - 0.2%

96,152

NET ASSETS - 100%

$

53,965,444

S&P

Standard & Poor's

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

NULC

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Common Stocks

$

53,869,292

$

–

$

–

$

53,869,292

Total

$

53,869,292

$

–

$

–

$

53,869,292

a

Portfolio of Investments January 31, 2026

NULG

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.7%

COMMON STOCKS - 99.7%

COMMUNICATION SERVICES - 2.8%

90,571

Electronic Arts, Inc

$

18,469,239

162,506

(a) Liberty Media Corp-Liberty Formula One, Class C

14,141,272

123,978

(a) Live Nation Entertainment, Inc

18,032,600

60,597

(a) Take-Two Interactive Software, Inc

13,349,519

TOTAL COMMUNICATION SERVICES

63,992,630

CONSUMER DISCRETIONARY - 11.8%

8,895

(a) AutoZone, Inc

32,949,660

8,051

Booking Holdings, Inc

40,269,814

26,929

(a) Carvana Co

10,801,491

176,446

(a) DoorDash, Inc, Class A

36,104,381

90,166

Expedia Group, Inc

23,879,563

82,156

(a) Lululemon Athletica, Inc

14,336,222

17,224

(a) MercadoLibre, Inc

36,993,535

219,503

(a) O'Reilly Automotive, Inc

21,601,290

300,726

(a) Rivian Automotive, Inc, Class A

4,435,708

124,380

Ross Stores, Inc

23,464,287

34,306

(a) Ulta Beauty, Inc

22,208,332

TOTAL CONSUMER DISCRETIONARY

267,044,283

CONSUMER STAPLES - 2.2%

53,698

Costco Wholesale Corp

50,489,544

TOTAL CONSUMER STAPLES

50,489,544

FINANCIALS - 7.6%

148,936

Equitable Holdings, Inc

6,910,631

116,775

Mastercard, Inc, Class A

62,917,202

67,116

Moody's Corp

34,602,325

215,294

Visa, Inc, Class A

69,288,068

TOTAL FINANCIALS

173,718,226

HEALTH CARE - 9.3%

72,104

Eli Lilly & Co

74,782,664

267,576

Gilead Sciences, Inc

37,982,413

46,714

(a) IDEXX Laboratories, Inc

31,319,869

7,881

(a) Mettler-Toledo International, Inc

10,822,504

92,037

Stryker Corp

34,013,194

109,183

(a) Veeva Systems, Inc, Class A

22,264,597

TOTAL HEALTH CARE

211,185,241

INDUSTRIALS - 10.1%

21,043

(a) Axon Enterprise, Inc

10,175,974

63,128

Caterpillar, Inc

41,497,822

71,085

GE Vernova, Inc

51,634,011

18,894

Quanta Services, Inc

8,967,659

85,762

Trane Technologies plc

36,069,782

460,573

(a) Uber Technologies, Inc

36,868,869

66,402

Veralto Corp

6,572,470

34,055

WW Grainger, Inc

36,777,357

TOTAL INDUSTRIALS

228,563,944

INFORMATION TECHNOLOGY - 52.4%

235,785

(a) Advanced Micro Devices, Inc

55,817,383

296,489

(a) Arista Networks, Inc

42,024,351

103,471

(a) Atlassian Corp, Class A

12,228,203

112,351

(a) Autodesk, Inc

28,410,197

78,245

Bentley Systems, Inc, Class B

2,747,964

424,452

Broadcom, Inc

140,620,948

112,473

(a) Cadence Design Systems, Inc

33,332,498

107,610

(a) Ciena Corp

27,097,274

72,313

(a) Crowdstrike Holdings, Inc, Class A

31,919,320

230,607

(a) Dynatrace, Inc

8,783,821

402,705

(a) Fortinet, Inc

32,723,808

Investments in Derivatives

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

SHARES

DESCRIPTION

VALUE

INFORMATION TECHNOLOGY

(continued)

105,898

(a) GoDaddy, Inc, Class A

$

10,644,867

276,059

Lam Research Corp

64,448,734

173,254

Marvell Technology, Inc

13,673,206

62,099

(a) MongoDB, Inc

23,059,222

33,843

Monolithic Power Systems, Inc

38,044,608

82,071

Motorola Solutions, Inc

33,036,860

195,270

(a) Nutanix, Inc, Class A

7,679,969

2,006,793

(b) NVIDIA Corp

383,558,346

258,170

Oracle Corp

42,489,619

189,789

(a) Palo Alto Networks, Inc

33,586,959

59,540

(a) PTC, Inc

9,295,980

238,868

(a) Pure Storage, Inc

16,610,881

246,820

(a) ServiceNow, Inc

28,880,408

86,754

(a) Synopsys, Inc

40,350,587

1,724

(a) Tyler Technologies, Inc

636,846

22,544

VeriSign, Inc

5,505,921

69,057

(a) Workday, Inc, Class A

12,128,481

50,973

(a) Zscaler, Inc

10,195,110

TOTAL INFORMATION TECHNOLOGY

1,189,532,371

MATERIALS - 2.3%

68,326

Ecolab, Inc

19,267,249

90,583

Sherwin-Williams Co

32,124,355

TOTAL MATERIALS

51,391,604

REAL ESTATE - 1.2%

70,230

(a) CBRE Group, Inc, Class A

11,962,276

76,418

Welltower, Inc

14,394,094

TOTAL REAL ESTATE

26,356,370

TOTAL COMMON STOCKS

(Cost $2,035,386,883)

2,262,274,213

TOTAL LONG-TERM INVESTMENTS

(Cost $2,035,386,883)

2,262,274,213

OTHER ASSETS & LIABILITIES, NET - 0.3%

7,908,858

NET ASSETS - 100%

$

2,270,183,071

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in derivatives.

Futures Contracts - Long

Description

Number of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

E-mini Nasdaq-100

3/26

$

5,092,727

$

5,134,000

$

41,273

Total

$5,092,727

$5,134,000

$41,273

Portfolio of Investments January 31, 2026

(continued)

NULG

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

NULG

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Common Stocks

$

2,262,274,213

$

–

$

–

$

2,262,274,213

Investments in Derivatives:

Futures Contracts\*

41,273

–

–

41,273

Total

$

2,262,315,486

$

–

$

–

$

2,262,315,486

a

\*

Represents net unrealized appreciation (depreciation).

Portfolio of Investments January 31, 2026

NULV

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.8%

COMMON STOCKS - 99.8%

COMMUNICATION SERVICES - 12.9%

443,989

Alphabet, Inc, Class A

$

150,068,282

787,600

AT&T, Inc

20,642,996

777,008

Comcast Corp, Class A

23,115,988

74,421

Electronic Arts, Inc

15,175,930

43,000

(a) Take-Two Interactive Software, Inc

9,472,900

770,835

Verizon Communications, Inc

34,317,574

TOTAL COMMUNICATION SERVICES

252,793,670

CONSUMER DISCRETIONARY - 4.1%

284,752

eBay, Inc

25,975,078

54,922

Home Depot, Inc

20,573,232

43,785

Lowe's Cos, Inc

11,693,222

58,329

PulteGroup, Inc

7,296,375

187,263

(a) Rivian Automotive, Inc, Class A

2,762,129

58,059

Williams-Sonoma, Inc

11,881,774

TOTAL CONSUMER DISCRETIONARY

80,181,810

CONSUMER STAPLES - 9.3%

300,576

Archer-Daniels-Midland Co

20,231,771

87,355

Bunge Global S.A.

9,947,987

577,089

Coca-Cola Co

43,172,028

72,670

Dollar General Corp

10,423,058

121,355

Hormel Foods Corp

2,986,546

708,384

Kenvue, Inc

12,325,882

359,346

Keurig Dr Pepper, Inc

9,860,454

147,573

Kraft Heinz Co

3,503,383

285,688

Procter & Gamble Co

43,358,868

239,172

Target Corp

25,225,471

TOTAL CONSUMER STAPLES

181,035,448

ENERGY - 3.8%

545,933

Baker Hughes Co

30,594,085

394,898

Halliburton Co

13,236,981

373,478

ONEOK, Inc

29,575,723

TOTAL ENERGY

73,406,789

FINANCIALS - 21.5%

70,441

Aflac, Inc

7,815,429

96,491

American Express Co

33,981,235

248,406

Bank of New York Mellon Corp

29,788,848

22,237

Capital One Financial Corp

4,868,346

65,457

Cboe Global Markets, Inc

17,350,032

10,253

Chubb Ltd

3,173,919

339,102

Citigroup, Inc

39,237,492

91,314

CME Group, Inc

26,395,225

300,603

Fidelity National Information Services, Inc

16,608,316

23,903

(a) Fiserv, Inc

1,523,338

29,773

Goldman Sachs Group, Inc

27,849,962

55,842

Intercontinental Exchange, Inc

9,704,223

30,967

Jack Henry & Associates, Inc

5,549,596

109,977

Loews Corp

11,610,272

9,077

M&T Bank Corp

2,011,191

114,277

Marsh & McLennan Cos, Inc

21,505,789

210,480

Morgan Stanley

38,475,744

147,719

PNC Financial Services Group, Inc

32,985,653

82,077

Progressive Corp

17,072,016

9,848

Regions Financial Corp

280,668

65,922

S&P Global, Inc

34,792,972

93,297

Travelers Cos, Inc

26,543,929

170,150

US Bancorp

9,547,117

4,409

Willis Towers Watson plc

1,399,725

TOTAL FINANCIALS

420,071,037

Portfolio of Investments January 31, 2026

(continued)

NULV

SHARES

DESCRIPTION

VALUE

HEALTH CARE - 13.0%

163,684

AbbVie, Inc

$

36,503,169

34,343

Agilent Technologies, Inc

4,596,811

589,755

Bristol-Myers Squibb Co

32,466,013

110,011

Cardinal Health, Inc

23,639,164

74,811

Cencora, Inc

26,873,607

55,947

Cigna Group

15,335,632

145,139

Danaher Corp

31,769,476

196,582

(a) Edwards Lifesciences Corp

15,993,912

123,096

Gilead Sciences, Inc

17,473,477

6,766

Humana, Inc

1,320,723

8,276

Regeneron Pharmaceuticals, Inc

6,136,240

37,617

STERIS plc

9,878,224

67,399

Stryker Corp

24,907,974

1,034

(a) United Therapeutics Corp

485,453

29,157

West Pharmaceutical Services, Inc

6,738,766

2,132

Zoetis, Inc

266,116

TOTAL HEALTH CARE

254,384,757

INDUSTRIALS - 12.8%

167,834

3M Co

25,705,456

78,381

Automatic Data Processing, Inc

19,345,998

39,219

Broadridge Financial Solutions, Inc

7,730,457

40,940

Caterpillar, Inc

26,912,318

55,643

CH Robinson Worldwide, Inc

10,847,603

58,129

Deere & Co

30,692,112

8,759

Expeditors International of Washington, Inc

1,406,170

91,188

Ferguson Enterprises, Inc

23,021,323

71,492

Jacobs Solutions, Inc

9,670,008

127,897

Johnson Controls International plc

15,252,996

34,851

Parker-Hannifin Corp

32,614,960

52,246

Rockwell Automation, Inc

22,029,526

99,680

Union Pacific Corp

23,434,768

3,302

United Rentals, Inc

2,582,362

TOTAL INDUSTRIALS

251,246,057

INFORMATION TECHNOLOGY - 14.8%

130,013

Accenture plc, Class A

34,276,627

126,023

Analog Devices, Inc

39,178,030

108,335

Applied Materials, Inc

34,918,537

27,295

(a) F5, Inc

7,522,775

792,985

Hewlett Packard Enterprise Co

17,065,037

131,419

International Business Machines Corp

40,306,207

Intuit, Inc

207,551

36,514

Motorola Solutions, Inc

14,698,346

117,128

NXP Semiconductors NV

26,487,326

105,740

(a) Okta, Inc

8,932,915

152,969

Salesforce, Inc

32,473,789

34,086

VeriSign, Inc

8,324,824

103,374

Western Digital Corp

25,867,276

TOTAL INFORMATION TECHNOLOGY

290,259,240

MATERIALS - 1.8%

27,647

Ball Corp

1,572,285

73,903

Ecolab, Inc

20,839,907

12,831

Smurfit WestRock plc

534,154

71,063

Steel Dynamics, Inc

12,760,783

TOTAL MATERIALS

35,707,129

REAL ESTATE - 2.4%

34,422

American Tower Corp

6,171,176

40,805

(a) CBRE Group, Inc, Class A

6,950,316

11,794

Equinix, Inc

9,682,048

4,128

Iron Mountain, Inc

380,313

185,508

ProLogis, Inc

24,219,924

TOTAL REAL ESTATE

47,403,777

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

SHARES

DESCRIPTION

VALUE

UTILITIES - 3.4%

66,949

American Water Works Co, Inc

$

8,645,124

100,476

Atmos Energy Corp

16,713,178

331,805

Exelon Corp

14,858,228

289,747

Sempra

25,210,887

TOTAL UTILITIES

65,427,417

TOTAL COMMON STOCKS

(Cost $1,730,259,141)

1,951,917,131

TOTAL LONG-TERM INVESTMENTS

(Cost $1,730,259,141)

1,951,917,131

OTHER ASSETS & LIABILITIES, NET - 0.2%

4,683,518

NET ASSETS - 100%

$

1,956,600,649

S&P

Standard & Poor's

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

NULV

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Common Stocks

$

1,951,917,131

$

–

$

–

$

1,951,917,131

Total

$

1,951,917,131

$

–

$

–

$

1,951,917,131

a

Portfolio of Investments January 31, 2026

NUMG

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.9%

COMMON STOCKS - 99.9%

COMMUNICATION SERVICES - 7.2%

93,396

(a) Liberty Media Corp-Liberty Formula One, Class C

$

8,127,320

69,304

(a) Live Nation Entertainment, Inc

10,080,267

39,990

(a) Take-Two Interactive Software, Inc

8,809,797

TOTAL COMMUNICATION SERVICES

27,017,384

CONSUMER DISCRETIONARY - 14.1%

30,527

(a) Burlington Stores, Inc

9,031,718

42,536

(a) Carvana Co

17,061,615

51,674

(a) Lululemon Athletica, Inc

9,017,113

366,945

(a) Rivian Automotive, Inc, Class A

5,412,439

18,666

(a) Ulta Beauty, Inc

12,083,622

TOTAL CONSUMER DISCRETIONARY

52,606,507

FINANCIALS - 9.2%

54,982

Ares Management Corp, Class A

8,229,156

150,319

Equitable Holdings, Inc

6,974,802

161,423

Interactive Brokers Group, Inc, Class A

12,087,354

225,858

(a) Toast, Inc, Class A

7,026,442

TOTAL FINANCIALS

34,317,754

HEALTH CARE - 15.8%

38,329

(a) Alnylam Pharmaceuticals, Inc

12,957,502

23,661

(a) IDEXX Laboratories, Inc

15,863,754

58,234

(a) Incyte Corp

5,827,476

5,595

(a) Mettler-Toledo International, Inc

7,683,278

49,246

(a) Veeva Systems, Inc, Class A

10,042,244

17,233

(a) Waters Corp

6,388,618

TOTAL HEALTH CARE

58,762,872

INDUSTRIALS - 19.5%

24,301

(a) Axon Enterprise, Inc

11,751,477

12,479

Comfort Systems USA, Inc

14,252,266

17,085

EMCOR Group, Inc

12,313,672

69,195

Veralto Corp

6,848,921

52,554

Verisk Analytics, Inc

11,428,393

14,749

WW Grainger, Inc

15,928,035

TOTAL INDUSTRIALS

72,522,764

INFORMATION TECHNOLOGY - 25.4%

66,748

(a) Atlassian Corp, Class A

7,888,278

134,289

Bentley Systems, Inc, Class B

4,716,230

53,211

(a) Ciena Corp

13,399,062

170,199

(a) Dynatrace, Inc

6,482,880

7,808

(a) Fair Isaac Corp

11,424,431

27,224

(a) Gartner, Inc

5,706,423

23,077

(a) HubSpot, Inc

6,461,560

30,612

(a) MongoDB, Inc

11,367,154

126,960

(a) Nutanix, Inc, Class A

4,993,337

44,250

(a) PTC, Inc

6,908,752

16,560

(a) Tyler Technologies, Inc

6,117,264

8,149

VeriSign, Inc

1,990,230

37,180

(a) Zscaler, Inc

7,436,372

TOTAL INFORMATION TECHNOLOGY

94,891,973

MATERIALS - 2.5%

30,683

Vulcan Materials Co

9,221,469

TOTAL MATERIALS

9,221,469

REAL ESTATE - 5.1%

53,829

(a) CBRE Group, Inc, Class A

9,168,694

160,589

(a) CoStar Group, Inc

9,876,223

TOTAL REAL ESTATE

19,044,917

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

SHARES

DESCRIPTION

VALUE

UTILITIES - 1.1%

52,998

(a) Oklo, Inc

$

4,219,701

TOTAL UTILITIES

4,219,701

TOTAL COMMON STOCKS

(Cost $389,491,026)

372,605,341

TOTAL LONG-TERM INVESTMENTS

(Cost $389,491,026)

372,605,341

OTHER ASSETS & LIABILITIES, NET - 0.1%

241,646

NET ASSETS - 100%

$

372,846,987

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

NUMG

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Common Stocks

$

372,605,341

$

–

$

–

$

372,605,341

Total

$

372,605,341

$

–

$

–

$

372,605,341

a

Portfolio of Investments January 31, 2026

NUMV

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.9%

COMMON STOCKS - 99.9%

COMMUNICATION SERVICES - 6.0%

86,964

(a) EchoStar Corp, Class A

$

9,846,064

157,180

News Corp, Class A

4,248,575

86,473

Omnicom Group, Inc

6,661,880

26,189

(a) Take-Two Interactive Software, Inc

5,769,437

TOTAL COMMUNICATION SERVICES

26,525,956

CONSUMER DISCRETIONARY - 7.0%

9,869

Best Buy Co, Inc

642,472

74,223

(a) Deckers Outdoor Corp

8,857,773

59,044

eBay, Inc

5,385,994

48,887

Genuine Parts Co

6,794,804

12,360

PulteGroup, Inc

1,546,112

166,939

(a) Rivian Automotive, Inc, Class A

2,462,350

3,628

Tapestry, Inc

460,430

92,905

Tractor Supply Co

4,727,006

TOTAL CONSUMER DISCRETIONARY

30,876,941

CONSUMER STAPLES - 9.1%

128,801

Archer-Daniels-Midland Co

8,669,595

65,870

Bunge Global S.A.

7,501,276

55,237

Church & Dwight Co, Inc

5,316,561

115,656

General Mills, Inc

5,350,247

449,821

Kenvue, Inc

7,826,885

51,306

Kraft Heinz Co

1,218,004

71,643

McCormick & Co, Inc

4,429,687

TOTAL CONSUMER STAPLES

40,312,255

ENERGY - 2.4%

187,426

Baker Hughes Co

10,503,353

TOTAL ENERGY

10,503,353

FINANCIALS - 16.1%

7,297

(a) Arch Capital Group Ltd

700,804

28,381

Cboe Global Markets, Inc

7,522,668

80,745

Equitable Holdings, Inc

3,746,568

19,103

Everest Group Ltd

6,328,442

41,893

Fifth Third Bancorp

2,103,866

19,362

Hartford Insurance Group, Inc

2,615,032

1,048

LPL Financial Holdings, Inc

381,996

45,021

NASDAQ, Inc

4,362,085

76,271

Prudential Financial, Inc

8,474,471

19,508

Raymond James Financial, Inc

3,235,597

265,439

Regions Financial Corp

7,565,011

27,665

State Street Corp

3,620,242

77,524

Synchrony Financial

5,630,568

67,430

T Rowe Price Group, Inc

7,126,002

23,885

Willis Towers Watson plc

7,582,771

TOTAL FINANCIALS

70,996,123

HEALTH CARE - 9.1%

10,551

Agilent Technologies, Inc

1,412,251

24,134

(a) Biogen, Inc

4,341,465

44,232

Cardinal Health, Inc

9,504,572

73,212

(a) Cooper Cos, Inc

5,957,993

18,316

Humana, Inc

3,575,283

1,650

(a) Incyte Corp

165,115

23,670

(a) IQVIA Holdings, Inc

5,447,651

1,965

(a) Mettler-Toledo International, Inc

2,698,417

27,376

STERIS plc

7,188,938

TOTAL HEALTH CARE

40,291,685

SHARES

DESCRIPTION

VALUE

INDUSTRIALS - 17.0%

26,963

Allegion plc

$

4,459,411

24,655

Broadridge Financial Solutions, Inc

4,859,747

41,417

CH Robinson Worldwide, Inc

8,074,244

312,589

CNH Industrial NV

3,363,458

27,515

Expeditors International of Washington, Inc

4,417,258

36,035

Ferguson Enterprises, Inc

9,097,396

127,681

Fortive Corp

6,742,834

IDEX Corp

79,023

1,616

Ingersoll Rand, Inc

139,121

16,158

Jacobs Solutions, Inc

2,185,531

5,745

Lennox International, Inc

2,844,235

19,898

Pentair plc

2,096,652

70,765

TransUnion

5,591,850

11,066

United Rentals, Inc

8,654,276

50,948

Veralto Corp

5,042,833

54,123

Xylem, Inc

7,461,938

TOTAL INDUSTRIALS

75,109,807

INFORMATION TECHNOLOGY - 10.2%

16,948

Bentley Systems, Inc, Class B

595,214

8,608

(a) F5, Inc

2,372,451

10,472

(a) Gartner, Inc

2,195,036

327,359

Hewlett Packard Enterprise Co

7,044,766

144,703

HP, Inc

2,813,026

41,902

(a) Keysight Technologies, Inc

9,064,660

1,867

NetApp, Inc

179,885

3,022

(a) Okta, Inc

255,298

24,136

(a) PTC, Inc

3,768,354

929

Seagate Technology Holdings plc

378,744

20,432

(a) Twilio, Inc, Class A

2,461,239

2,661

(a) Tyler Technologies, Inc

982,973

50,943

Western Digital Corp

12,747,467

TOTAL INFORMATION TECHNOLOGY

44,859,113

MATERIALS - 7.5%

41,198

Amcor plc

1,823,020

Avery Dennison Corp

64,186

108,810

Ball Corp

6,188,025

89,514

International Paper Co

3,609,205

8,036

Martin Marietta Materials, Inc

5,239,070

71,772

PPG Industries, Inc

8,298,996

43,884

Steel Dynamics, Inc

7,880,250

TOTAL MATERIALS

33,102,752

REAL ESTATE - 7.6%

29,836

AvalonBay Communities, Inc

5,300,962

50,803

BXP, Inc

3,285,430

25,887

(a) CBRE Group, Inc, Class A

4,409,333

353,829

Healthpeak Properties, Inc

6,100,012

73,676

Iron Mountain, Inc

6,787,770

88,942

Kimco Realty Corp

1,874,897

701

Regency Centers Corp

51,082

11,146

SBA Communications Corp

2,052,090

24,297

Ventas, Inc

1,887,148

23,320

WP Carey, Inc

1,626,570

TOTAL REAL ESTATE

33,375,294

UTILITIES - 7.9%

55,890

American Water Works Co, Inc

7,217,076

42,185

Atmos Energy Corp

7,017,053

183,927

CenterPoint Energy, Inc

7,300,063

157,355

Essential Utilities, Inc

6,103,800

Portfolio of Investments January 31, 2026

(continued)

NUMV

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

SHARES

DESCRIPTION

VALUE

UTILITIES

(continued)

100,638

Eversource Energy

$

6,957,105

TOTAL UTILITIES

34,595,097

TOTAL COMMON STOCKS

(Cost $396,390,697)

440,548,376

TOTAL LONG-TERM INVESTMENTS

(Cost $396,390,697)

440,548,376

OTHER ASSETS & LIABILITIES, NET - 0.1%

644,988

NET ASSETS - 100%

$

441,193,364

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

NUMV

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Common Stocks

$

440,548,376

$

–

$

–

$

440,548,376

Total

$

440,548,376

$

–

$

–

$

440,548,376

a

Portfolio of Investments January 31, 2026

NUSC

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.9%

COMMON STOCK RIGHTS - 0.0%

FINANCIALS - 0.0%

109,166

(a) Sycamore Partners LLC

$

57,858

TOTAL FINANCIALS

57,858

HEALTH CARE - 0.0%

26,689

(a) Bristol-Myers Squibb Co

18,682

44,361

(a) Zimmer Biomet Holdings Inc

3,993

TOTAL HEALTH CARE

22,675

TOTAL COMMON STOCK RIGHTS

(Cost $0)

80,533

SHARES

DESCRIPTION

VALUE

COMMON STOCKS - 99.9%

COMMUNICATION SERVICES - 2.8%

306,075

(b) AMC Entertainment Holdings, Inc, Class A

425,444

6,343

(b),(c)

Atlanta Braves Holdings, Inc, Class A

279,219

45,421

(b) Atlanta Braves Holdings, Inc, Class C

1,813,660

3,512

(b) Cargurus, Inc

113,789

57,315

(b) Cars.com, Inc

651,098

26,253

Cinemark Holdings, Inc

621,671

246,760

(b) Clear Channel Outdoor Holdings, Inc

515,728

48,668

Cogent Communications Holdings, Inc

1,182,632

111,001

(b) DoubleVerify Holdings, Inc

1,201,031

336,580

(b) fuboTV, Inc, Class A

750,573

135,254

(b) Gannett Co, Inc

800,704

50,742

(b) Globalstar, Inc

3,126,722

72,655

(b) Gogo, Inc

333,486

15,751

(b),(c)

Ibotta, Inc, Class A

325,416

22,287

(b) IMAX Corp

778,039

78,497

Iridium Communications, Inc

1,563,660

22,457

(b) Liberty Latin America Ltd, Class C

174,715

537,551

(b) Lumen Technologies, Inc

4,741,200

139,648

(b) Magnite, Inc

2,020,707

78,725

New York Times Co, Class A

5,771,330

126,943

Paramount Skydance Corp

1,423,035

53,656

(b) QuinStreet, Inc

713,088

24,475

Shutterstock, Inc

485,829

8,317

Sirius XM Holdings, Inc

169,251

101,966

TEGNA, Inc

1,953,669

39,531

(b) Uniti Group, Inc

328,895

40,349

(b) Ziff Davis, Inc

1,542,139

TOTAL COMMUNICATION SERVICES

33,806,730

CONSUMER DISCRETIONARY - 11.6%

32,858

(b) Abercrombie & Fitch Co, Class A

3,207,927

357,774

ADT, Inc

2,862,192

46,261

(c) Advance Auto Parts, Inc

2,220,991

200,683

Aramark

7,724,289

46,048

(b) Bright Horizons Family Solutions, Inc

4,265,426

21,215

(b) Brinker International, Inc

3,346,030

136,344

(b) Callaway Golf Co

1,956,536

51,857

(b) Capri Holdings Ltd

1,170,413

16,028

Carter's, Inc

554,729

137,670

(b) Coursera, Inc

834,280

42,724

(b) Crocs, Inc

3,585,398

27,244

(b) Dave & Buster's Entertainment, Inc

511,370

15,423

(b) Etsy, Inc

816,802

23,587

(b) Five Below, Inc

4,520,213

72,495

(b) Frontdoor, Inc

4,285,179

107,364

(b) Global Business Travel Group I

735,443

Portfolio of Investments January 31, 2026

(continued)

NUSC

SHARES

DESCRIPTION

VALUE

CONSUMER DISCRETIONARY

(continued)

121,320

(b) Goodyear Tire & Rubber Co

1,141,621

2,772

Group Automotive, Inc

982,009

95,736

Harley-Davidson, Inc

1,895,573

50,119

Hasbro, Inc

4,476,128

60,968

(b) Hilton Grand Vacations, Inc

2,750,267

5,476

KB Home

315,089

36,176

(b) KinderCare Learning Cos, Inc

168,942

26,980

Kohl's Corp

471,341

18,231

Kontoor Brands, Inc

1,088,938

23,917

LCI Industries

3,508,385

95,690

Levi Strauss & Co, Class A

1,902,317

11,255

Lithia Motors, Inc

3,640,317

47,446

LKQ Corp

1,558,601

137,943

(b),(c)

Lucid Group, Inc

1,527,030

61,621

Macy's, Inc

1,233,652

18,900

(b) MarineMax, Inc

510,867

6,140

Meritage Homes Corp

426,791

164,338

(b) Mobileye Global, Inc, Class A

1,475,755

9,877

Murphy USA, Inc

4,173,131

74,388

(b) National Vision Holdings, Inc

1,960,124

271,165

Newell Brands, Inc

1,152,451

221,851

(b) Norwegian Cruise Line Holdings Ltd

4,871,848

19,784

(b) Ollie's Bargain Outlet Holdings, Inc

2,182,373

13,957

Oxford Industries, Inc

514,315

106,635

(b) Petco Health & Wellness Co, Inc

286,848

46,239

(b) Planet Fitness, Inc

4,209,599

20,969

(b) Pursuit Attractions and Hospitality, Inc

728,253

13,481

PVH Corp

840,675

8,478

Ralph Lauren Corp

2,996,210

92,724

(b) RealReal, Inc

1,360,261

369,596

(b) Sabre Corp

480,475

41,114

(b) Savers Value Village, Inc

425,941

129,873

Service Corp International

10,445,685

13,797

Shoe Carnival, Inc

262,971

18,253

Signet Jewelers Ltd

1,684,204

107,041

(b) Sonos, Inc

1,536,038

19,016

Standard Motor Products, Inc

759,309

70,786

Steven Madden Ltd

3,106,090

43,241

(b) Stride, Inc

3,658,189

30,142

(b) Taylor Morrison Home Corp

1,837,155

95,987

(b) ThredUp, Inc, Class A

487,614

11,665

(b) TopBuild Corp

5,459,803

12,379

(b) Tri Pointe Homes, Inc

412,840

3,587

(b) Urban Outfitters, Inc

254,139

110,506

VF Corp

2,164,813

53,280

(b) Victoria's Secret & Co

2,904,293

88,713

(b) Warby Parker, Inc, Class A

2,263,069

16,660

Whirlpool Corp

1,332,633

27,699

Winnebago Industries, Inc

1,271,661

24,224

(b) XPEL, Inc

1,247,778

TOTAL CONSUMER DISCRETIONARY

138,941,629

CONSUMER STAPLES - 3.5%

33,861

Andersons, Inc

2,099,043

26,363

Campbell's Company

737,637

15,441

Casey's General Stores, Inc

9,364,966

123,548

ConAgra Brands, Inc

2,286,873

157,591

(b) Darling Ingredients, Inc

7,195,605

10,376

Edgewell Personal Care Co

201,917

48,389

(b) Freshpet, Inc

3,372,713

15,176

Ingredion, Inc

1,792,286

130,845

Lamb Weston Holdings, Inc

6,009,711

25,204

(b) Sprouts Farmers Market, Inc

1,787,216

SHARES

DESCRIPTION

VALUE

CONSUMER STAPLES

(continued)

33,485

(b) United Natural Foods, Inc

1,246,647

58,675

(b) US Foods Holding Corp

4,906,403

35,388

(b) Vital Farms, Inc

1,006,789

2,861

WD-40 Co

661,549

TOTAL CONSUMER STAPLES

42,669,355

ENERGY - 3.0%

46,479

Core Laboratories, Inc

908,200

59,662

Delek US Holdings, Inc

1,760,626

103,140

(b) Expro Group Holdings NV

1,651,271

38,919

(b) Innovex International, Inc

967,137

370,187

NOV Inc

6,792,932

280,407

TechnipFMC plc

15,624,278

71,591

Weatherford International plc

6,735,281

55,084

World Kinect Corp

1,482,310

TOTAL ENERGY

35,922,035

FINANCIALS - 16.4%

13,976

Affiliated Managers Group, Inc

4,375,746

1,035,884

AGNC Investment Corp

11,809,078

15,449

Ally Financial, Inc

653,184

17,574

Amalgamated Financial Corp

682,574

70,162

(b) Baldwin Insurance Group, Inc

1,537,951

123,376

Banc of California, Inc

2,465,052

43,364

(b) Bancorp, Inc

2,577,556

2,005

Banner Corp

123,989

48,471

Beacon Financial Corp

1,374,153

198,863

Burford Capital Ltd

1,926,982

7,052

Central Pacific Financial Corp

229,684

66,704

Compass Diversified Holdings

438,245

25,759

(b) Donnelley Financial Solutions, Inc

1,333,028

103,712

East West Bancorp, Inc

11,868,801

2,123

Essent Group Ltd

133,579

15,213

FactSet Research Systems, Inc

3,869,579

8,643

Federal Agricultural Mortgage Corp, Class C

1,463,260

101,387

First American Financial Corp

6,405,631

148,213

First BanCorp

3,278,472

86,500

First Interstate BancSystem, Inc, Class A

3,068,155

107,375

(b) Flywire Corp

1,352,925

221,446

Franklin Resources, Inc

5,894,892

115,591

Glacier Bancorp, Inc

5,858,152

25,323

Globe Life, Inc

3,550,791

124,303

HA Sustainable Infrastructure Capital, Inc

4,277,266

27,577

Hanmi Financial Corp

732,721

7,185

Independent Bank Corp

252,553

160,950

Invesco Ltd

4,392,325

69,278

Jackson Financial, Inc, Class A

8,238,540

99,060

Janus Henderson Group plc

4,767,758

3,730

Kemper Corp

146,999

18,101

Kinsale Capital Group, Inc

7,165,824

54,955

KKR Real Estate Finance Trust, Inc

455,027

104,908

Lincoln National Corp

4,365,222

37,134

MarketAxess Holdings, Inc

6,284,187

4,869

MGIC Investment Corp

131,073

16,896

Morningstar, Inc

3,414,513

221,794

Old National Bancorp

5,418,427

26,478

(b) Palomar Holdings, Inc

3,272,416

22,742

Pathward Financial, Inc

2,053,375

34,627

Peoples Bancorp, Inc

1,126,070

760

PJT Partners, Inc, Class A

131,503

58,920

Popular, Inc

7,867,588

10,404

Primerica, Inc

2,736,668

10,769

Provident Financial Services, Inc

238,426

14,513

RenaissanceRe Holdings Ltd

4,088,312

Portfolio of Investments January 31, 2026

(continued)

NUSC

SHARES

DESCRIPTION

VALUE

FINANCIALS

(continued)

4,234

Renasant Corp

159,664

9,095

Selective Insurance Group, Inc

764,708

30,130

SLM Corp

818,029

49,854

SOUTHSTATE BANK CORP

5,101,560

197,541

Starwood Property Trust, Inc

3,541,910

27,119

Stewart Information Services Corp

1,828,634

40,114

Unum Group

3,047,461

418,341

Valley National Bancorp

5,212,529

18,203

Victory Capital Holdings, Inc, Class A

1,283,858

77,186

Voya Financial, Inc

5,917,079

33,100

Walker & Dunlop, Inc

2,081,659

103,692

Western Alliance Bancorp

9,244,142

163,044

Western Union Co

1,527,722

28,975

(b) WEX, Inc

4,459,252

104,478

(c) WisdomTree, Inc

1,692,544

52,981

Zions Bancorp NA

3,174,092

TOTAL FINANCIALS

197,683,095

HEALTH CARE - 14.0%

117,949

(a),(b)

89bio, Inc

40,103

79,219

(b) AdaptHealth Corp

796,151

1,946

(b) Addus HomeCare Corp

201,372

155,532

(b) Alkermes plc

5,270,979

8,778

(b) AMN Healthcare Services, Inc

186,971

81,224

(b) Amylyx Pharmaceuticals, Inc

1,160,691

163,706

(b),(c)

AtaiBeckley, Inc

615,535

88,154

(b) Avadel Pharmaceuticals plc

1,899,719

205,696

(b) Avantor, Inc

2,246,200

40,667

(b) Azenta, Inc

1,581,133

115,058

(b) Biohaven Ltd

1,361,136

39,539

(b) BioLife Solutions, Inc

861,950

22,185

(b) BrightSpring Health Services, Inc

871,205

184,742

(b) Brookdale Senior Living, Inc

2,771,130

4,589

Bruker Corp

203,247

50,036

(b) CareDx, Inc

1,028,240

28,696

(b) Castle Biosciences, Inc

1,130,335

115,160

(b) Catalyst Pharmaceuticals, Inc

2,798,388

59,213

(b) Celldex Therapeutics, Inc

1,456,640

118,264

(b) Certara, Inc

1,039,541

5,787

Chemed Corp

2,471,859

89,322

(b) Crinetics Pharmaceuticals, Inc

4,460,741

104,728

(b) Cytokinetics, Inc

6,617,762

79,531

(b) Definium Therapeutics, Inc

1,342,483

92,803

(b) Dynavax Technologies Corp

1,437,054

253,823

(b) Elanco Animal Health, Inc

6,112,058

32,243

(b) Enliven Therapeutics, Inc

852,827

23,077

(b) Enovis Corp

508,617

10,847

Ensign Group, Inc

1,861,996

17,112

(b) Establishment Labs Holdings, Inc

1,166,183

123,818

(b) Exact Sciences Corp

12,671,534

5,684

(b) Fulgent Genetics, Inc

148,921

473,669

(b) Geron Corp

648,927

56,754

(b) Glaukos Corp

6,775,293

28,202

(b) Guardant Health, Inc

3,216,156

22,203

(b) Haemonetics Corp

1,480,052

81,299

(b) Halozyme Therapeutics, Inc

5,829,951

58,664

(b) HealthEquity, Inc

5,025,745

20,104

(b) Henry Schein, Inc

1,517,450

149,606

(b),(c)

Hims & Hers Health, Inc

4,052,827

16,169

(b) Hinge Health, Inc, Class A

564,298

15,146

(b) ICU Medical, Inc

2,270,385

23,067

(b) Inspire Medical Systems, Inc

1,748,017

34,674

(b) Integer Holdings Corp

3,011,784

SHARES

DESCRIPTION

VALUE

VALUE

HEALTH CARE

(continued)

21,811

(b) Integra LifeSciences Holdings Corp

$

242,975

147,705

(b) Ionis Pharmaceuticals, Inc

12,210,772

27,445

(b),(c)

KalVista Pharmaceuticals, Inc

428,416

16,198

(b) Medpace Holdings, Inc

9,435,011

311,854

(b) Moderna, Inc

13,743,406

31,485

(b) MoonLake Immunotherapeutics

493,370

92,080

(b) Myriad Genetics, Inc

517,490

127,804

(b) NeoGenomics, Inc

1,541,316

55,139

(b) Niagen Bioscience, Inc

330,283

107,607

(b) Novocure Ltd

1,334,327

39,817

(b) Omnicell, Inc

1,931,124

5,775

(b) Pennant Group, Inc

159,506

4,697

(b) Penumbra, Inc

1,682,324

20,141

Phibro Animal Health Corp, Class A

808,661

55,107

(b) PROCEPT BioRobotics Corp

1,595,899

15,608

(b) QuidelOrtho Corp

424,069

40,583

(b) RadNet, Inc

2,844,868

8,294

(b) Repligen Corp

1,238,875

7,160

(b) SI-BONE, Inc

118,713

120,193

(b) Sotera Health Co

2,177,897

31,660

(b) STAAR Surgical Co

599,957

69,902

(b) Teladoc Health, Inc

380,966

49,154

(b),(c)

Tempus AI, Inc, Class A

2,940,392

7,260

(b) UFP Technologies, Inc

1,823,276

77,944

(b) Veracyte, Inc

2,968,108

14,260

Viatris, Inc

186,663

57,289

(b) Xenon Pharmaceuticals, Inc

2,349,422

TOTAL HEALTH CARE

167,821,672

INDUSTRIALS - 19.8%

50,359

(c) AAON, Inc

4,585,691

Acuity, Inc

131,118

38,228

Aebi Schmidt Holding AG.

559,658

34,364

Air Lease Corp

2,220,945

2,431

Allison Transmission Holdings, Inc

264,250

1,206

Applied Industrial Technologies, Inc

314,054

22,330

ArcBest Corp

2,014,613

5,081

Arcosa, Inc

581,622

83,985

(b) ATI, Inc

10,103,395

12,257

AZZ, Inc

1,523,423

8,203

(b) CACI International, Inc, Class A

5,090,618

33,720

Carpenter Technology Corp

10,717,228

297,687

(b),(c)

Clarivate plc

788,871

154,320

(b) Core & Main, Inc, Class A

8,234,515

769

Crane Co

140,450

28,717

CSG Systems International, Inc

2,290,181

58,337

(b) Dayforce, Inc

4,041,004

182,874

(b) DNOW, Inc

2,777,856

18,740

Douglas Dynamics, Inc

706,123

44,876

(b) Energy Recovery, Inc

654,741

894

EnPro, Inc

213,469

2,902

ESCO Technologies, Inc

662,149

33,073

(b) Everus Construction Group, Inc

2,926,630

121,360

(b) ExlService Holdings, Inc

4,751,244

65,829

(b) First Advantage Corp

888,691

118,101

Flowserve Corp

9,229,593

17,134

(b) FTI Consulting, Inc

2,992,796

55,679

(b) Gates Industrial Corp plc

1,281,731

24,831

GATX Corp

4,517,007

26,630

(b) Generac Holdings, Inc

4,474,905

2,862

(b) Gibraltar Industries, Inc

146,706

30,494

Greenbrier Cos, Inc

1,537,507

67,125

(b) GXO Logistics, Inc

3,798,604

Portfolio of Investments January 31, 2026

(continued)

NUSC

SHARES

DESCRIPTION

VALUE

VALUE

INDUSTRIALS

(continued)

21,550

Herc Holdings, Inc

$

3,088,977

33,118

Hexcel Corp

2,742,502

70,625

Hillenbrand, Inc

2,253,644

67,353

HNI Corp

3,218,808

16,945

(b) Huron Consulting Group, Inc

2,863,705

2,236

ICF International, Inc

208,507

57,710

Interface, Inc

1,816,134

20,596

JBT Marel Corp

3,239,957

18,988

KBR, Inc

812,876

79,303

(b) Kratos Defense & Security Solutions, Inc

8,169,002

5,648

Lindsay Corp

707,525

24,284

McGrath RentCorp

2,712,280

50,872

(b) Mercury Systems, Inc

4,775,863

59,734

MillerKnoll, Inc

1,199,459

49,416

(b) Modine Manufacturing Co

9,125,159

26,399

Mueller Water Products, Inc, Class A

714,621

3,330

(b) MYR Group, Inc

832,633

94,114

(b) NEXTracker, Inc, Class A

11,019,808

87,000

nVent Electric plc

9,766,620

104,664

(b) OPENLANE, Inc

3,144,107

8,464

Oshkosh Corp

1,217,292

164,426

Pitney Bowes, Inc

1,714,963

46,466

Primoris Services Corp

6,888,584

133,702

(b) Resideo Technologies, Inc

4,580,630

71,064

Robert Half, Inc

2,459,525

7,327

Rush Enterprises, Inc

432,366

59,986

Rush Enterprises, Inc, Class A

3,850,501

105,566

(b) RXO, Inc

1,539,152

24,953

Ryder System, Inc

4,773,010

22,952

Schneider National, Inc, Class B

616,032

165,881

(b) Shoals Technologies Group, Inc, Class A

1,565,917

1,147

(b) SiteOne Landscape Supply, Inc

164,640

34,757

(b) SPX Technologies, Inc

7,243,706

5,682

Stanley Black & Decker, Inc

446,946

15,898

(b) Sterling Infrastructure, Inc

5,690,053

196,596

(b) Sunrun, Inc

3,735,324

108,478

(b) T1 Energy, Inc

903,622

79,993

Trinity Industries, Inc

2,298,999

124,018

(b) Upwork, Inc

2,484,081

23,323

(b) V2X, Inc

1,605,322

Valmont Industries, Inc

220,998

10,985

WESCO International, Inc

3,179,389

14,538

(b) Willdan Group, Inc

1,834,696

31,610

Worthington Enterprises, Inc

1,756,568

23,834

(b) XPO, Inc

3,530,054

128,268

Zurn Elkay Water Solutions Corp

5,914,437

TOTAL INDUSTRIALS

238,220,382

INFORMATION TECHNOLOGY - 13.6%

102,165

(b) ACI Worldwide, Inc

4,429,874

107,877

Adeia, Inc

1,951,495

17,344

Advanced Energy Industries, Inc

4,428,964

26,416

(b) Agilysys, Inc

2,291,588

1,387

(b) Akamai Technologies, Inc

134,747

8,591

(b) Appfolio, Inc, Class A

1,631,259

29,303

(b) Arrow Electronics, Inc

3,882,354

3,071

Avnet, Inc

191,600

29,458

Badger Meter, Inc

4,317,954

29,073

Belden, Inc

3,416,368

35,431

Benchmark Electronics, Inc

1,847,372

7,496

(b) BILL Holdings, Inc

323,602

22,315

(b) Blackbaud, Inc

1,198,316

37,696

(b) Calix, Inc

1,683,880

SHARES

DESCRIPTION

VALUE

VALUE

INFORMATION TECHNOLOGY

(continued)

91,127

(b) CCC Intelligent Solutions Holdings, Inc

$

690,743

15,742

(b) Cirrus Logic, Inc

2,051,812

14,280

(b) Commvault Systems, Inc

1,223,796

82,176

(b) Confluent, Inc, Class A

2,509,655

14,520

(b) Diebold Nixdorf, Inc

1,002,025

31,043

Dolby Laboratories, Inc, Class A

1,992,650

185,046

(b) D-Wave Quantum, Inc

3,926,676

127,616

(b) Enphase Energy, Inc

4,719,240

1,638

(b) EPAM Systems, Inc

341,687

26,382

ePlus, Inc

2,263,839

9,604

(b) Gitlab, Inc, Class A

335,948

35,400

(b) Guidewire Software, Inc

4,982,904

29,497

(b) Harmonic, Inc

286,711

8,544

(b) Ichor Holdings Ltd

259,225

30,016

(b) Insight Enterprises, Inc

2,521,944

53,998

(b) Intapp, Inc

1,833,232

25,522

InterDigital, Inc

8,331,402

45,322

(b) Itron, Inc

4,490,504

71,285

(a),(b)

Jamf Holding Corp

930,269

34,718

(b) JFrog Ltd

1,902,546

39,171

(b) Knowles Corp

949,505

69,939

(b) Lattice Semiconductor Corp

5,631,488

7,585

Littelfuse, Inc

2,455,720

14,125

(b) Lumentum Holdings, Inc

5,534,740

938

(b) Manhattan Associates, Inc

141,647

234,749

(b) Mirion Technologies, Inc

5,831,165

73,089

(b) N-able, Inc

443,650

110,543

(b) NCR Voyix Corp

1,096,587

4,241

(b) NETGEAR, Inc

88,679

73,374

(b),(c)

NextNav, Inc

1,053,651

29,775

(b) Novanta, Inc

4,005,929

16,558

(b) Onto Innovation, Inc

3,345,544

40,236

(b) PAR Technology Corp

1,054,586

30,939

(b) PDF Solutions, Inc

985,407

26,696

(b) Plexus Corp

5,321,314

107,139

(b) Procore Technologies, Inc

6,052,282

12,817

(b) Q2 Holdings, Inc

785,041

111,515

Ralliant Corp

5,906,950

75,568

(b) Rambus, Inc

8,601,905

15,219

(b) Rogers Corp

1,479,896

31,946

(b) Silicon Laboratories, Inc

4,550,708

58,853

(b),(c)

SolarEdge Technologies, Inc

1,821,500

37,480

(b) SPS Commerce, Inc

3,345,465

55,521

TD SYNNEX Corp

8,809,517

9,287

(b) UiPath, Inc, Class A

116,923

166,883

(b) Unity Software, Inc

4,856,295

68,748

(b) Vistance Networks, Inc

1,237,464

2,076

(b) Workiva, Inc

159,894

TOTAL INFORMATION TECHNOLOGY

163,989,633

MATERIALS - 5.8%

8,620

AptarGroup, Inc

1,077,069

90,712

Avient Corp

3,279,239

215,642

(b) Axalta Coating Systems Ltd

7,241,258

32,374

Balchem Corp

5,509,084

111,146

Commercial Metals Co

8,543,793

35,140

(b) Compass Minerals International, Inc

877,797

124,453

(b) Constellium SE

2,796,459

1,603

Crown Holdings, Inc

167,802

123,873

FMC Corp

1,957,193

44,592

Graphic Packaging Holding Co

653,273

53,759

H.B. Fuller Co

3,230,916

19,682

Hawkins, Inc

2,563,581

Portfolio of Investments January 31, 2026

(continued)

NUSC

SHARES

DESCRIPTION

VALUE

VALUE

MATERIALS

(continued)

434,467

Hecla Mining Co

$

9,784,197

16,050

Kaiser Aluminum Corp

1,968,051

13,226

(b) Knife River Corp

888,390

19,487

Koppers Holdings, Inc

574,087

54,572

Louisiana-Pacific Corp

4,569,859

20,812

Materion Corp

2,877,883

31,033

Minerals Technologies, Inc

2,040,730

16,944

Royal Gold, Inc

4,461,525

24,396

Ryerson Holding Corp

688,455

35,757

Sensient Technologies Corp

3,379,752

21,284

Stepan Co

1,226,171

TOTAL MATERIALS

70,356,564

REAL ESTATE - 6.3%

7,264

Acadia Realty Trust

145,353

57,641

Armada Hoffler Properties, Inc

401,758

221,962

CareTrust REIT, Inc

8,288,061

15,685

CBL & Associates Properties, Inc

561,523

336,763

(b) Compass, Inc, Class A

4,216,272

202,748

DiamondRock Hospitality Co

1,861,227

28,060

EastGroup Properties, Inc

5,096,818

73,348

Empire State Realty Trust, Inc, Class A

486,297

88,104

Essential Properties Realty Trust, Inc

2,674,837

95,836

(c) eXp World Holdings, Inc

866,357

610,071

Host Hotels & Resorts, Inc

11,304,616

7,396

(b) Howard Hughes Holdings, Inc

603,957

580

(b) Jones Lang LaSalle, Inc

207,588

108,530

Kennedy-Wilson Holdings, Inc

1,069,021

17,635

Kilroy Realty Corp

608,055

134,408

Macerich Co

2,544,343

13,217

Marcus & Millichap, Inc

359,502

9,464

NETSTREIT Corp

178,302

36,647

Outfront Media, Inc

891,255

198,023

Park Hotels & Resorts, Inc

2,164,391

117,188

Pebblebrook Hotel Trust

1,338,287

139,117

Rayonier, Inc

3,163,521

214,172

Rexford Industrial Realty, Inc

8,680,391

59,319

Ryman Hospitality Properties, Inc

5,617,509

121,775

Sabra Health Care REIT, Inc

2,280,846

14,324

SL Green Realty Corp

641,429

37,222

St. Joe Co

2,463,724

107,468

Summit Hotel Properties, Inc

475,009

178,704

Sunstone Hotel Investors, Inc

1,567,234

110,773

Tanger, Inc

3,624,493

94,661

Xenia Hotels & Resorts, Inc

1,396,250

TOTAL REAL ESTATE

75,778,226

UTILITIES - 3.1%

23,269

Chesapeake Utilities Corp

2,994,255

90,874

New Jersey Resources Corp

4,496,446

59,844

ONE Gas, Inc

4,761,189

57,049

Ormat Technologies, Inc

7,127,702

47,282

Southwest Gas Holdings, Inc

3,915,895

58,662

Spire, Inc

4,956,352

213,731

UGI Corp

8,572,750

TOTAL UTILITIES

36,824,589

TOTAL COMMON STOCKS

(Cost $1,082,502,877)

1,202,013,910

TOTAL LONG-TERM INVESTMENTS

(Cost $1,082,502,877)

1,202,094,443

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.8%

9,452,732

(d) State Street Navigator Securities Lending Government Money

Market Portfolio

3.710%(e)

$

9,452,732

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $9,452,732)

$

9,452,732

TOTAL INVESTMENTS - 100.7%

(Cost $1,091,955,609)

1,211,547,175

OTHER ASSETS & LIABILITIES, NET - (0.7)%

(8,363,844)

NET ASSETS - 100%

$

1,203,183,331

REIT

Real Estate Investment Trust

(a) For fair value measurement disclosure purposes, investment classified as Level 3.

(b) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(c) Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end

of the reporting period was $8,825,489.

(d) The Fund may loan securities representing up to one third of the value of its total assets (which includes collateral for securities on

loan) to broker dealers, banks, and other institutions. The collateral maintained by the Fund shall have a value, at the inception of

each loan, equal to not less than 100% of the value of the loaned securities. The cash collateral received by the Fund is invested in

this money market fund.

(e) The rate shown is the one-day yield as of the end of the reporting period.

NUSC

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Common Stock Rights

$

–

$

–

$

80,533

$

80,533

Common Stocks

1,201,043,538

–

970,372

1,202,013,910

Investments Purchased with Collateral from Securities

Lending

9,452,732

–

–

9,452,732

Total

$

1,210,496,270

$

–

$

1,050,905

$

1,211,547,175

a

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** NuShares ETF Trust

- **b. Investment Company Act file number:** 811-23161

- **c. CIK number of Registrant:** 0001635073

- **d. LEI of Registrant:** 549300UWO63YZ5POLH71

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 333 W. Wacker Dr

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-917-7700

**Item A.2. Information about the Series.**

- **a. Name of Series:** Nuveen ESG Large-Cap ETF

- **b. EDGAR series identifier (if any):** S000063599

- **c. LEI of Series:** 549300FZCO72XIQ4PK91

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $53975061.00

**Total Liabilities:** $9617.00

**Net Assets:** $53965444.00

**Cash Not Reported:** $59576.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000206035 | -0.78%               | 0.45%                | 2.61%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $296021.78               | $-748151.71                                |
| Month 2  | $222705.80               | $-114841.06                                |
| Month 3  | $853381.08               | $463664.18                                 |

### Schedule of Portfolio Investments

| Name                                   | Title                                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Salesforce Inc                         | Salesforce, Inc                                                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      2923 | NS      | $620523.67    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                             | US Bancorp                                                                  | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      9387 | NS      | $526704.57    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                         | Mastercard, Inc                                                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1921 | NS      | $1035015.59   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PLC        | Seagate Technology Holdings plc                                             | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | US        |      1867 | NS      | $761157.23    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc                            | MongoDB, Inc                                                                | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |       714 | NS      | $265129.62    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc          | Live Nation Entertainment, Inc                                              | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |      1417 | NS      | $206102.65    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                            | NVIDIA Corp                                                                 | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     24253 | NS      | $4635475.89   | 8.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial Inc               | Prudential Financial, Inc                                                   | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |       110 | NS      | $12222.10     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                            | Equinix, Inc                                                                | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       125 | NS      | $102616.25    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                             | AbbVie, Inc                                                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      2690 | NS      | $599896.90    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The            | Goldman Sachs Group, Inc                                                    | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       638 | NS      | $596791.58    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                   | Colgate-Palmolive Co                                                        | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |       447 | NS      | $40359.63     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC               | Willis Towers Watson plc                                                    | CUSIP: G96629103<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | US        |        31 | NS      | $9841.57      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co          | Hewlett Packard Enterprise Co                                               | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     11588 | NS      | $249373.76    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                 | Marvell Technology, Inc                                                     | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       493 | NS      | $38907.56     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies Inc              | Keysight Technologies, Inc                                                  | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      1502 | NS      | $324927.66    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                         | Morgan Stanley                                                              | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      4892 | NS      | $894257.60    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                          | Ford Motor Co                                                               | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |      5828 | NS      | $80892.64     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                    | Cheniere Energy, Inc                                                        | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      1921 | NS      | $406329.92    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                 | Sempra                                                                      | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |      5706 | NS      | $496479.06    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                 | Palo Alto Networks, Inc                                                     | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      2632 | NS      | $465785.04    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                    | Arista Networks, Inc                                                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      4324 | NS      | $612883.76    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                          | Accenture plc                                                               | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | US        |      1824 | NS      | $480879.36    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                              | Amgen, Inc                                                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       355 | NS      | $121367.40    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                 | Trane Technologies plc                                                      | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | US        |       166 | NS      | $69816.28     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc               | Marsh & McLennan Cos, Inc                                                   | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      2784 | NS      | $523920.96    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                      | Lam Research Corp                                                           | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      2774 | NS      | $647618.04    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp                   | Western Digital Corp                                                        | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      3039 | NS      | $760448.97    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                        | McDonald's Corp                                                             | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      1019 | NS      | $320985.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc               | Ferguson Enterprises, Inc                                                   | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |       866 | NS      | $218630.36    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc          | Intercontinental Exchange, Inc                                              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      2427 | NS      | $421764.06    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                    | American Express Co                                                         | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       685 | NS      | $241236.45    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd            | Royal Caribbean Cruises Ltd                                                 | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | US        |       526 | NS      | $170765.90    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                   | Progressive Corp                                                            | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |       155 | NS      | $32240.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                            | Trimble, Inc                                                                | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |      2082 | NS      | $140743.20    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Inc                              | Aflac, Inc                                                                  | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |      3888 | NS      | $431373.60    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                             | Deere & Co                                                                  | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |        59 | NS      | $31152.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                           | ProLogis, Inc                                                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      2531 | NS      | $330447.36    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                             | Twilio, Inc                                                                 | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      1342 | NS      | $161657.32    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                         | CBRE Group, Inc                                                             | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |       257 | NS      | $43774.81     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                               | Visa, Inc                                                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      3185 | NS      | $1025028.55   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                        | Fair Isaac Corp                                                             | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |        12 | NS      | $17558.04     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc                | Consolidated Edison, Inc                                                    | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      2326 | NS      | $248021.38    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                           | Synopsys, Inc                                                               | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |      1172 | NS      | $545114.78    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/The       | Bank of New York Mellon Corp                                                | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |       993 | NS      | $119080.56    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                    | Elevance Health, Inc                                                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      1103 | NS      | $381351.22    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc                 | IDEXX Laboratories, Inc                                                     | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |       578 | NS      | $387525.88    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Formula One | Liberty Media Corp-Liberty Formula One                                      | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1857 | NS      | $161596.14    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                     | Union Pacific Corp                                                          | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      1051 | NS      | $247090.10    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                         | Merck & Co, Inc                                                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      6327 | NS      | $697678.29    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc             | Vertex Pharmaceuticals, Inc                                                 | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |       533 | NS      | $250456.70    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                             | Garmin Ltd                                                                  | CUSIP: H2906T109<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | US        |      1431 | NS      | $288546.84    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                           | Comcast Corp                                                                | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     12186 | NS      | $362533.50    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp                             | SYSCO Corp                                                                  | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |       308 | NS      | $25825.80     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                            | Exelon Corp                                                                 | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |       886 | NS      | $39675.08     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                | Procter & Gamble Co                                                         | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      6152 | NS      | $933689.04    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                           | Danaher Corp                                                                | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      3533 | NS      | $773338.37    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STR NAVIGATOR SECS L TR          | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: N/A                  | Long             | STIV             | RF                | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                           | AutoZone, Inc                                                               | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |         6 | NS      | $22225.74     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                            | Target Corp                                                                 | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      1519 | NS      | $160208.93    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                     | Home Depot, Inc                                                             | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1518 | NS      | $568627.62    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co              | Archer-Daniels-Midland Co                                                   | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |      1311 | NS      | $88243.41     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                        | TJX Cos, Inc                                                                | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      5094 | NS      | $763132.14    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                  | Uber Technologies, Inc                                                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      6442 | NS      | $515682.10    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                            | Cummins, Inc                                                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       750 | NS      | $434115.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc                  | Texas Instruments, Inc                                                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |       498 | NS      | $107343.90    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc               | Agilent Technologies, Inc                                                   | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      2456 | NS      | $328735.60    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                         | ServiceNow, Inc                                                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3630 | NS      | $424746.30    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                    | Axon Enterprise, Inc                                                        | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |       653 | NS      | $315777.74    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                     | PPG Industries, Inc                                                         | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |       213 | NS      | $24629.19     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc             | Cadence Design Systems, Inc                                                 | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      1223 | NS      | $362448.28    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                         | Lowe's Cos, Inc                                                             | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       586 | NS      | $156497.16    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                    | Gilead Sciences, Inc                                                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      1159 | NS      | $164520.05    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc             | Verizon Communications, Inc                                                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      7880 | NS      | $350817.60    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Oklo Inc                               | Oklo, Inc                                                                   | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       802 | NS      | $63855.24     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                           | Alphabet, Inc                                                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      5087 | NS      | $1719406.00   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                           | DoorDash, Inc                                                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      1803 | NS      | $368929.86    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The                  | Travelers Cos, Inc                                                          | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |       892 | NS      | $253782.92    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co                         | Halliburton Co                                                              | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |      4212 | NS      | $141186.24    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                   | Booking Holdings, Inc                                                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |        96 | NS      | $480176.64    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                        | Baker Hughes Co                                                             | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8644 | NS      | $484409.76    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                          | Welltower, Inc                                                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      3714 | NS      | $699569.04    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                             | Carvana Co                                                                  | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |       324 | NS      | $129959.64    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                              | Aptiv plc                                                                   | CUSIP: G3265R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1905 | NS      | $144303.75    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Rivian Automotive Inc                  | Rivian Automotive, Inc                                                      | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |      6877 | NS      | $101435.75    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                         | Atlassian Corp                                                              | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |       134 | NS      | $15836.12     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                             | Intel Corp                                                                  | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |      8409 | NS      | $390766.23    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                             | NetApp, Inc                                                                 | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      1745 | NS      | $168130.75    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                      | General Motors Co                                                           | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |      8328 | NS      | $699552.00    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                            | GoDaddy, Inc                                                                | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      1211 | NS      | $121729.72    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                | PTC, Inc                                                                    | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |       179 | NS      | $27947.27     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                         | Eaton Corp plc                                                              | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | US        |      1415 | NS      | $497259.30    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                           | Autodesk, Inc                                                               | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |       160 | NS      | $40459.20     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                  | Applied Materials, Inc                                                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      1038 | NS      | $334568.16    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                              | ONEOK, Inc                                                                  | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      5507 | NS      | $436099.33    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                     | Steel Dynamics, Inc                                                         | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |       730 | NS      | $131086.10    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                      | Eversource Energy                                                           | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |       546 | NS      | $37744.98     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                               | AT&T, Inc                                                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     10814 | NS      | $283434.94    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                           | Alphabet, Inc                                                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      6551 | NS      | $2217710.03   | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                             | Ecolab, Inc                                                                 | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      2231 | NS      | $629119.69    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                             | Intuit, Inc                                                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       716 | NS      | $357226.72    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                     | Analog Devices, Inc                                                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       525 | NS      | $163212.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                    | Electronic Arts, Inc                                                        | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |       923 | NS      | $188218.16    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                              | Adobe, Inc                                                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      1465 | NS      | $429611.25    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                             | STERIS plc                                                                  | CUSIP: G8473T100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       522 | NS      | $137077.20    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The   | PNC Financial Services Group, Inc                                           | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      2272 | NS      | $507337.60    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                    | Vulcan Materials Co                                                         | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |       380 | NS      | $114205.20    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                       | MercadoLibre, Inc                                                           | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       189 | NS      | $405932.31    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                | Cboe Global Markets, Inc                                                    | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |       841 | NS      | $222915.46    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                   | Parker-Hannifin Corp                                                        | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       688 | NS      | $643857.92    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                           | Stryker Corp                                                                | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       183 | NS      | $67629.48     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co                 | International Paper Co                                                      | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |      2499 | NS      | $100759.68    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc          | Regeneron Pharmaceuticals, Inc                                              | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |        44 | NS      | $32623.80     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                           | Broadcom, Inc                                                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      5227 | NS      | $1731705.10   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                             | Zoetis, Inc                                                                 | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      1306 | NS      | $163014.92    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp   | International Business Machines Corp                                        | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      2888 | NS      | $885749.60    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                        | Caterpillar, Inc                                                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       720 | NS      | $473299.20    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                           | Xylem, Inc                                                                  | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      1139 | NS      | $157033.93    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                       | Coca-Cola Co                                                                | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     12713 | NS      | $951059.53    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                                  | 3M Co                                                                       | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      1845 | NS      | $282580.20    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                           | VeriSign, Inc                                                               | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |       621 | NS      | $151666.83    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                    | Carrier Global Corp                                                         | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |       959 | NS      | $57137.22     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc     | Johnson Controls International plc                                          | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |       771 | NS      | $91949.46     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc             | Advanced Micro Devices, Inc                                                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      2052 | NS      | $485769.96    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                           | Moody's Corp                                                                | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |       873 | NS      | $450083.88    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services Inc       | West Pharmaceutical Services, Inc                                           | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |       168 | NS      | $38828.16     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                               | Okta, Inc                                                                   | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      1473 | NS      | $124439.04    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                             | Copart, Inc                                                                 | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |      1010 | NS      | $40985.80     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International Inc       | Mettler-Toledo International, Inc                                           | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |       180 | NS      | $247183.20    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc            | American Water Works Co, Inc                                                | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |       376 | NS      | $48552.88     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                               | eBay, Inc                                                                   | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      2864 | NS      | $261254.08    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                 | HP, Inc                                                                     | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |      8175 | NS      | $158922.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software Inc      | Take-Two Interactive Software, Inc                                          | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |       324 | NS      | $71377.20     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                      | Veeva Systems, Inc                                                          | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      1362 | NS      | $277739.04    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp              | Edwards Lifesciences Corp                                                   | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |      5084 | NS      | $413634.24    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                  | Costco Wholesale Corp                                                       | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       992 | NS      | $932728.00    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                      | Cisco Systems, Inc                                                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      1103 | NS      | $86386.96     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc          | Automatic Data Processing, Inc                                              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |       910 | NS      | $224606.20    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                         | GE Vernova, Inc                                                             | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      1055 | NS      | $766320.35    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                     | United Rentals, Inc                                                         | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |        72 | NS      | $56308.32     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                         | S&P Global, Inc                                                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1390 | NS      | $733628.10    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                          | McKesson Corp                                                               | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       113 | NS      | $93926.73     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-31

**Name of Applicant:** Nushares ETF Trust

**Signature:** Gina Spunder

**Name of Signer:** Gina Spunder

**Title:** Director, Fund Financial Reporting