# EDGAR Filing Document

**Accession Number:** 0001491978
**File Stem:** 0002071691-26-006223
**Filing Date:** 2026-3
**Character Count:** 93022
**Document Hash:** d0418e41f5ed48d9967ae94b80a4ca0d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-006223.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0002071691-26-006223

**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:** FLEXSHARES TRUST
- **CENTRAL INDEX KEY:** 0001491978

**ORGANIZATION NAME:**
- **EIN:** 272560399
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22555
- **FILM NUMBER:** 26788677

**BUSINESS ADDRESS:**
- **STREET 1:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** (855) 353-9383

**MAIL ADDRESS:**
- **STREET 1:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FlexShares Trust
- **DATE OF NAME CHANGE:** 20110414

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NT ETF Trust
- **DATE OF NAME CHANGE:** 20100513

## Series and Classes Contracts Data

### FlexShares International Quality Dividend Index Fund (Series ID: S000038876)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000119640 | FlexShares International Quality Dividend Index Fund | IQDF            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FlexShares Trust

- **b. Investment Company Act file number:** 811-22555

- **c. CIK number of Registrant:** 0001491978

- **d. LEI of Registrant:** 5493007FU2RQX77I4604

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

  - **Street Address 1:** 50 South LaSalle Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60603

  - **Telephone number:** 855-353-9383

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

- **a. Name of Series:** FlexShares International Quality Dividend Index Fund

- **b. EDGAR series identifier (if any):** S000038876

- **c. LEI of Series:** 549300OJOGU0VHUBNE56

**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:** $1063261105.18

**Total Liabilities:** $26696578.24

**Net Assets:** $1036564526.94

**Cash Not Reported:** $7815681.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000119640 | 1.76%                | 3.72%                | 6.95%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $19190336.40             | $-4936578.25                               |
| Month 2  | $-66287.40               | $31845008.34                               |
| Month 3  | $899487.93               | $64373631.11                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New Mexican Pesos                               | New Mexican Pesos                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | MX        |    5501863 | OU      | $317165.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Partners Group Holding AG                       | Partners Group Holding AG                          | CUSIP: N/A<br>LEI: 549300I3IVVWZWDHI788       | Long             | EC               | CORP              | CH        |       3343 | NS      | $4558340.37   | 0.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Orange SA                                       | Orange SA                                          | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |     157267 | NS      | $2922387.76   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SECURITIES (USA) LLC                         | Other Repurchase Agreement                         | CUSIP: N/A<br>LEI: SUVUFHICNZMP2WKHG940       | Long             | RA               | CORP              | US        |    3000000 | PA      | $3000000.00   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Norwegian Krone                                 | Norwegian Krone                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NO        |    2089739 | OU      | $217702.65    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Evonik Industries AG                            | Evonik Industries AG                               | CUSIP: N/A<br>LEI: 41GUOJQTALQHLF39XJ34       | Long             | EC               | CORP              | DE        |     119625 | NS      | $1864285.64   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| COSCO SHIPPING Holdings Co. Ltd.                | COSCO SHIPPING Holdings Co. Ltd., Class H          | CUSIP: N/A<br>LEI: 3003009XI0QGYYA29S17       | Long             | EC               | CORP              | HK        |    3873000 | NS      | $6794127.82   | 0.66%             |  |  |  | No            |                  1 | On Loan: —       |
| Canadian Natural Resources Ltd.                 | Canadian Natural Resources Ltd.                    | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |     157586 | NS      | $5891946.37   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheng Shin Rubber Industry Co. Ltd.             | Cheng Shin Rubber Industry Co. Ltd.                | CUSIP: N/A<br>LEI: 3003006VZBNKJZLNJ718       | Long             | EC               | CORP              | TW        |    6699000 | NS      | $6513803.62   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution AB                                    | Evolution AB                                       | CUSIP: N/A<br>LEI: 549300SUH6ZR1RF6TA88       | Long             | EC               | CORP              | SE        |      52635 | NS      | $3440324.32   | 0.33%             |  |  |  | Yes           |                  1 | On Loan: —       |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-25703.80    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto Ltd.                                  | Rio Tinto Ltd.                                     | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |      91872 | NS      | $9753898.88   | 0.94%             |  |  |  | No            |                  1 | On Loan: —       |
| Telenor ASA                                     | Telenor ASA                                        | CUSIP: N/A<br>LEI: 549300IM1QSBY4SLPM26       | Long             | EC               | CORP              | NO        |     132704 | NS      | $2239601.63   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Unipro PAO                                      | Unipro PAO                                         | CUSIP: N/A<br>LEI: 253400DR5QSH8MEGZZ11       | Long             | EC               | CORP              | RU        |  125500000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Unilever plc                                    | Unilever plc                                       | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |       3394 | NS      | $230099.66    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantest Corp.                                 | Advantest Corp.                                    | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |     113600 | NS      | $18782367.43  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Astra International Tbk. PT                     | Astra International Tbk. PT                        | CUSIP: N/A<br>LEI: 529900L49TRJOMG4DK47       | Long             | EC               | CORP              | ID        |   17385500 | NS      | $6577177.54   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| South African Rand                              | South African Rand                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | ZA        |     305362 | OU      | $19040.52     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International, Inc.                       | Magna International, Inc.                          | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |      46574 | NS      | $2394133.69   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| China Gas Holdings Ltd.                         | China Gas Holdings Ltd.                            | CUSIP: N/A<br>LEI: 254900KTSZLZ21VV8T33       | Long             | EC               | CORP              | HK        |    6252400 | NS      | $6196598.59   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Weichai Power Co. Ltd.                          | Weichai Power Co. Ltd., Class H                    | CUSIP: N/A<br>LEI: 529900OKTPKBG85F9502       | Long             | EC               | CORP              | HK        |     918000 | NS      | $3129077.94   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Malaysian Ringgit                               | Malaysian Ringgit                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | MY        |          7 | OU      | $1.70         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Subaru Corp.                                    | Subaru Corp.                                       | CUSIP: N/A<br>LEI: 549300N244BVAEE6HH86       | Long             | EC               | CORP              | JP        |      95700 | NS      | $2064008.17   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Toronto-Dominion Bank (The)                     | Toronto-Dominion Bank (The)                        | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |      96657 | NS      | $9083609.51   | 0.88%             |  |  |  | No            |                  1 | On Loan: —       |
| Sony Group Corp.                                | Sony Group Corp.                                   | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |      31900 | NS      | $714265.53    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Novatek Microelectronics Corp.                  | Novatek Microelectronics Corp.                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     564109 | NS      | $6721985.22   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC                    | Treasury Repurchase Agreement                      | CUSIP: N/A<br>LEI: MBNUM2BPBDO7JBLYG310       | Long             | RA               | CORP              | US        |    3000000 | PA      | $3000000.00   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Eva Airways Corp.                               | Eva Airways Corp.                                  | CUSIP: N/A<br>LEI: 254900S1P4XOXV67GC07       | Long             | EC               | CORP              | TW        |    1276000 | NS      | $1516441.05   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| PetroChina Co. Ltd.                             | PetroChina Co. Ltd., Class H                       | CUSIP: N/A<br>LEI: 529900RPY4YG47TRSV05       | Long             | EC               | CORP              | HK        |    2666000 | NS      | $3167916.82   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong & China Gas Co. Ltd.                  | Hong Kong & China Gas Co. Ltd.                     | CUSIP: N/A<br>LEI: 254900P7BETXGC7YU827       | Long             | EC               | CORP              | HK        |    2105000 | NS      | $1986484.76   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Julius Baer Group Ltd.                          | Julius Baer Group Ltd.                             | CUSIP: N/A<br>LEI: 5299007MF0604ZGJER92       | Long             | EC               | CORP              | CH        |      29029 | NS      | $2436015.82   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Chailease Holding Co. Ltd.                      | Chailease Holding Co. Ltd.                         | CUSIP: N/A<br>LEI: 529900L76E6T0JCM3J27       | Long             | EC               | CORP              | TW        |    1144480 | NS      | $3782202.73   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                       | Sanofi SA                                          | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |       1595 | NS      | $150281.35    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Post Bank Co. Ltd.                        | Japan Post Bank Co. Ltd.                           | CUSIP: N/A<br>LEI: 5493006JVO6N2HC2XZ76       | Long             | EC               | CORP              | JP        |      20700 | NS      | $367677.95    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| New China Life Insurance Co. Ltd.               | New China Life Insurance Co. Ltd., Class H         | CUSIP: N/A<br>LEI: 300300F2001111000095       | Long             | EC               | CORP              | HK        |    1020800 | NS      | $8306572.60   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortescue Ltd.                                  | Fortescue Ltd.                                     | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |     577071 | NS      | $8489608.87   | 0.82%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $10907.82     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco plc                    | British American Tobacco plc                       | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |     147697 | NS      | $8869154.63   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Sureste SAB de CV       | Grupo Aeroportuario del Sureste SAB de CV, Class B | CUSIP: N/A<br>LEI: 5299001W7JIDXCUOUC82       | Long             | EC               | CORP              | MX        |     237655 | NS      | $8283195.34   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobile Telecommunications Co. KSCP              | Mobile Telecommunications Co. KSCP                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KW        |    1122561 | NS      | $1865448.39   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedbank AB                                     | Swedbank AB, Class A                               | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |     250096 | NS      | $9795055.86   | 0.94%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-2250.16     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd.                                    | Komatsu Ltd.                                       | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |     223300 | NS      | $8582559.96   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Budweiser Brewing Co. APAC Ltd.                 | Budweiser Brewing Co. APAC Ltd.                    | CUSIP: N/A<br>LEI: 549300YF1MR4GTF18132       | Long             | EC               | CORP              | HK        |    1467400 | NS      | $1446787.97   | 0.14%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Dai-ichi Life Holdings, Inc.                    | Dai-ichi Life Holdings, Inc.                       | CUSIP: N/A<br>LEI: 549300ZUFXI7JXZVTZ25       | Long             | EC               | CORP              | JP        |     319000 | NS      | $2796885.13   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Danish Krone                                    | Danish Krone                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | DK        |     440800 | OU      | $70222.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Land Ltd.                       | China Resources Land Ltd.                          | CUSIP: N/A<br>LEI: 5299001HL0TU7X15HK51       | Long             | EC               | CORP              | HK        |     520500 | NS      | $2044757.16   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Nitto Denko Corp.                               | Nitto Denko Corp.                                  | CUSIP: N/A<br>LEI: 3538009GX5P09USH2J25       | Long             | EC               | CORP              | JP        |     106200 | NS      | $2358623.10   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group plc                              | Vodafone Group plc                                 | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |    2096787 | NS      | $3090237.34   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| New Zealand Dollar                              | New Zealand Dollar                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NZ        |      83580 | OU      | $50553.07     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Moller - Maersk A/S                          | AP Moller - Maersk A/S, Class B                    | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |        957 | NS      | $2382895.24   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Mercedes-Benz Group AG                          | Mercedes-Benz Group AG                             | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |      53911 | NS      | $3706374.43   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Elisa OYJ                                       | Elisa OYJ                                          | CUSIP: N/A<br>LEI: 743700TU2S3DXWGU7H32       | Long             | EC               | CORP              | FI        |       9889 | NS      | $437166.92    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Moscow Exchange MICEX-RTS PJSC                  | Moscow Exchange MICEX-RTS PJSC                     | CUSIP: N/A<br>LEI: 253400M5M1222KPNWE87       | Long             | EC               | CORP              | RU        |     775590 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Barclays plc                                    | Barclays plc                                       | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | CORP              | GB        |     133661 | NS      | $891770.08    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| ING Bank Slaski SA                              | ING Bank Slaski SA                                 | CUSIP: N/A<br>LEI: 259400YLRTOBISHBVX41       | Long             | EC               | CORP              | PL        |      20416 | NS      | $2239995.48   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedish Krona                                   | Swedish Krona                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SE        |     435556 | OU      | $49202.85     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuwaiti Dinar                                   | Kuwaiti Dinar                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | KW        |       8309 | OU      | $27074.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                  | BNP Paribas SA                                     | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |       8613 | NS      | $934476.74    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.     | Taiwan Semiconductor Manufacturing Co. Ltd.        | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |     632563 | NS      | $35678402.45  | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergreen Marine Corp. Taiwan Ltd.              | Evergreen Marine Corp. Taiwan Ltd.                 | CUSIP: N/A<br>LEI: 254900EIJA0A39C5SO15       | Long             | EC               | CORP              | TW        |    1181382 | NS      | $6982429.36   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Bosideng International Holdings Ltd.            | Bosideng International Holdings Ltd.               | CUSIP: N/A<br>LEI: 254900G7F1RDM4B3S169       | Long             | EC               | CORP              | HK        |   10532000 | NS      | $6432723.41   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Kia Corp.                                       | Kia Corp.                                          | CUSIP: N/A<br>LEI: 988400V8MJK9N7OI5X76       | Long             | EC               | CORP              | KR        |      22649 | NS      | $2401165.35   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Yamaha Motor Co. Ltd.                           | Yamaha Motor Co. Ltd.                              | CUSIP: N/A<br>LEI: 3538004LR5NXILJDHY88       | Long             | EC               | CORP              | JP        |     264800 | NS      | $1997243.61   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Catcher Technology Co. Ltd.                     | Catcher Technology Co. Ltd.                        | CUSIP: N/A<br>LEI: 5299006PRSCU66N5JF55       | Long             | EC               | CORP              | TW        |     478970 | NS      | $3051588.34   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Industria de Diseno Textil SA                   | Industria de Diseno Textil SA                      | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |      52635 | NS      | $3443947.53   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Lasertec Corp.                                  | Lasertec Corp.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       2900 | NS      | $684111.24    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Legal & General Group plc                       | Legal & General Group plc                          | CUSIP: N/A<br>LEI: 213800JH9QQWHLO99821       | Long             | EC               | CORP              | GB        |     744865 | NS      | $2709695.79   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Trust Group, Inc.               | Sumitomo Mitsui Trust Group, Inc.                  | CUSIP: N/A<br>LEI: 353800P843RLCDBLNT17       | Long             | EC               | CORP              | JP        |      43000 | NS      | $1426643.33   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                                | Deutsche Post AG                                   | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |     164604 | NS      | $9266256.75   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkish Lira                                    | Turkish Lira                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | TR        |    2205028 | OU      | $50699.15     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Mandiri Persero Tbk. PT                    | Bank Mandiri Persero Tbk. PT                       | CUSIP: N/A<br>LEI: 549300RSKQN4Z5ZSGH94       | Long             | EC               | CORP              | ID        |    7496500 | NS      | $2152703.60   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Eni SpA                                         | Eni SpA                                            | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | EC               | CORP              | IT        |     167156 | NS      | $3425513.02   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE             | LVMH Moet Hennessy Louis Vuitton SE                | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |       1914 | NS      | $1245285.89   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Severstal PAO                                   | Severstal PAO                                      | CUSIP: N/A<br>LEI: 213800OKDPTV6K4ONO53       | Long             | EC               | CORP              | RU        |      58985 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CK Asset Holdings Ltd.                          | CK Asset Holdings Ltd.                             | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | HK        |     929000 | NS      | $5452880.39   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $9208.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                              | Koninklijke KPN NV                                 | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |     899580 | NS      | $4396321.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Grid Corp. of India Ltd.                  | Power Grid Corp. of India Ltd.                     | CUSIP: N/A<br>LEI: 3358009SHWZ3DZEQ4Z56       | Long             | EC               | CORP              | IN        |     301455 | NS      | $840583.86    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Polska Kasa Opieki SA                      | Bank Polska Kasa Opieki SA                         | CUSIP: N/A<br>LEI: 5493000LKS7B3UTF7H35       | Long             | EC               | CORP              | PL        |     137170 | NS      | $8409364.46   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Powszechny Zaklad Ubezpieczen SA                | Powszechny Zaklad Ubezpieczen SA                   | CUSIP: N/A<br>LEI: QLPCKOOKVX32FUELX240       | Long             | EC               | CORP              | PL        |     387904 | NS      | $7687110.25   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Mining Corp.                            | Barrick Mining Corp.                               | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     107822 | NS      | $4955759.17   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | MSCI Emerging Markets E-Mini Index                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         71 | NC      | $433620.17    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Qatari Rial                                     | Qatari Rial                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | QA        |     217761 | OU      | $59808.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd.                             | Tokyo Electron Ltd.                                | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |      66600 | NS      | $17835122.52  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Telstra Group Ltd.                              | Telstra Group Ltd.                                 | CUSIP: N/A<br>LEI: 894500WRW54CVN62K416       | Long             | EC               | CORP              | AU        |     664796 | NS      | $2272727.45   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Leumi Le-Israel BM                         | Bank Leumi Le-Israel BM                            | CUSIP: N/A<br>LEI: 7JDSZWRGUQY2DSTWCR57       | Long             | EC               | CORP              | IL        |      89639 | NS      | $2167590.76   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HOCHTIEF AG                                     | HOCHTIEF AG                                        | CUSIP: N/A<br>LEI: 529900Y25S8NZIYTT924       | Long             | EC               | CORP              | DE        |       6061 | NS      | $2558274.28   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Haidilao International Holding Ltd.             | Haidilao International Holding Ltd.                | CUSIP: N/A<br>LEI: 3003009Q8GV4VNKZWI24       | Long             | EC               | CORP              | HK        |    3715000 | NS      | $7601533.99   | 0.73%             |  |  |  | Yes           |                  1 | On Loan: —       |
| China Hongqiao Group Ltd.                       | China Hongqiao Group Ltd.                          | CUSIP: N/A<br>LEI: 3003009Q4IBFSDE24571       | Long             | EC               | CORP              | HK        |    1698500 | NS      | $7855592.40   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BCE, Inc.                                       | BCE, Inc.                                          | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | US        |      96019 | NS      | $2483051.34   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hitachi Ltd.                                    | Hitachi Ltd.                                       | CUSIP: N/A<br>LEI: 549300T6IPOCDWLKC615       | Long             | EC               | CORP              | JP        |     187100 | NS      | $6502288.99   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel SpA                                        | Enel SpA                                           | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |    1208691 | NS      | $13384152.36  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Realtek Semiconductor Corp.                     | Realtek Semiconductor Corp.                        | CUSIP: N/A<br>LEI: 5299002E7F36O00MYY75       | Long             | EC               | CORP              | TW        |     103660 | NS      | $1592615.51   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                                | Novo Nordisk A/S, Class B                          | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |     337183 | NS      | $19850566.76  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Brands plc                             | Imperial Brands plc                                | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |     189167 | NS      | $7958858.18   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd.                      | Alibaba Group Holding Ltd.                         | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | US        |      41151 | NS      | $6977563.56   | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| Daiwa Securities Group, Inc.                    | Daiwa Securities Group, Inc.                       | CUSIP: N/A<br>LEI: 353800WRC7Y23PWFJG38       | Long             | EC               | CORP              | JP        |     255200 | NS      | $2487314.92   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd.                | Brookfield Asset Management Ltd., Class A          | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |     147059 | NS      | $7346705.57   | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| IGM Financial, Inc.                             | IGM Financial, Inc.                                | CUSIP: 449586106<br>LEI: 254900RYHLVJNTUFDA95 | Long             | EC               | CORP              | CA        |     176407 | NS      | $8579673.61   | 0.83%             |  |  |  | No            |                  1 | On Loan: —       |
| Randstad NV                                     | Randstad NV                                        | CUSIP: N/A<br>LEI: 7245009EAAUUQJ0U4T57       | Long             | EC               | CORP              | NL        |      39237 | NS      | $1405483.52   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $3261.31      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Energia Bogota SA ESP                     | Grupo Energia Bogota SA ESP                        | CUSIP: N/A<br>LEI: 529900LG618OWYVHI655       | Long             | EC               | CORP              | CO        |    2344969 | NS      | $2092843.65   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BP plc                                          | BP plc                                             | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |    1183171 | NS      | $7530286.50   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Franc                                     | Swiss Franc                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CH        |      26199 | OU      | $34022.02     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Caixa Seguridade Participacoes SA               | Caixa Seguridade Participacoes SA                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    2392500 | NS      | $7910186.13   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Renault SA                                      | Renault SA                                         | CUSIP: N/A<br>LEI: 969500F7JLTX36OUI695       | Long             | EC               | CORP              | FR        |      48488 | NS      | $1838957.92   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Telia Co. AB                                    | Telia Co. AB                                       | CUSIP: N/A<br>LEI: 213800FSR9RNDUOTXO25       | Long             | EC               | CORP              | SE        |     521246 | NS      | $2387700.90   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Sodexo SA                                       | Sodexo SA                                          | CUSIP: N/A<br>LEI: 969500LCBOG12HXPYM84       | Long             | EC               | CORP              | FR        |      17545 | NS      | $900435.73    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Chinese Renminbi (Yuan)                         | Chinese Renminbi (Yuan)                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CN        |      61613 | OU      | $8867.07      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Rakyat Indonesia Persero Tbk. PT           | Bank Rakyat Indonesia Persero Tbk. PT              | CUSIP: N/A<br>LEI: 254900HB6S4B12GBNP64       | Long             | EC               | CORP              | ID        |    9729500 | NS      | $2208483.47   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Japanese Yen                                    | Japanese Yen                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | JP        |    3934456 | OU      | $25505.35     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Intertek Group plc                              | Intertek Group plc                                 | CUSIP: N/A<br>LEI: 2138003GAT25WW1RN369       | Long             | EC               | CORP              | GB        |      92510 | NS      | $5666907.27   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Tobacco, Inc.                             | Japan Tobacco, Inc.                                | CUSIP: N/A<br>LEI: 353800Z0ENYBQO0XRJ31       | Long             | EC               | CORP              | JP        |      88200 | NS      | $3191003.50   | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-4110.63     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Gecina SA                                       | Gecina SA                                          | CUSIP: N/A<br>LEI: 9695003E4MMA10IBTR26       | Long             | EC               | CORP              | FR        |      19140 | NS      | $1763528.83   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Financial Services Software Ltd.         | Oracle Financial Services Software Ltd.            | CUSIP: N/A<br>LEI: 3358008SYNPKSPNMTJ57       | Long             | EC               | CORP              | IN        |       9570 | NS      | $807318.39    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd.                           | Tencent Holdings Ltd.                              | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | HK        |     134600 | NS      | $10444396.07  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Dollar                                 | Canadian Dollar                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CA        |     463685 | OU      | $342417.41    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Electric Industries Ltd.               | Sumitomo Electric Industries Ltd.                  | CUSIP: N/A<br>LEI: 5493005SP87FL5TOS202       | Long             | EC               | CORP              | JP        |      17300 | NS      | $754085.31    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Danske Bank A/S                                 | Danske Bank A/S                                    | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | EC               | CORP              | DK        |     171941 | NS      | $8806319.94   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Nedbank Group Ltd.                              | Nedbank Group Ltd.                                 | CUSIP: N/A<br>LEI: 3789009E42FA3CB31065       | Long             | EC               | CORP              | ZA        |     114840 | NS      | $1900024.67   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                 | ASML Holding NV                                    | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |       7155 | NS      | $10347121.25  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd.                         | DBS Group Holdings Ltd.                            | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |      31900 | NS      | $1488163.91   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Orient Overseas International Ltd.              | Orient Overseas International Ltd.                 | CUSIP: N/A<br>LEI: 529900DQ426GJO276W95       | Long             | EC               | CORP              | HK        |     401500 | NS      | $6575393.42   | 0.63%             |  |  |  | No            |                  1 | On Loan: —       |
| Canon, Inc.                                     | Canon, Inc.                                        | CUSIP: N/A<br>LEI: 529900JH1GSC035SSP77       | Long             | EC               | CORP              | JP        |      84700 | NS      | $2572406.98   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Woodside Energy Group Ltd.                      | Woodside Energy Group Ltd.                         | CUSIP: N/A<br>LEI: 2549005ZC5RXAOO7FH41       | Long             | EC               | CORP              | AU        |     163328 | NS      | $2902820.95   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| BHP Group Ltd.                                  | BHP Group Ltd.                                     | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |     376739 | NS      | $13346662.29  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $61.79        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek, Inc.                                  | MediaTek, Inc.                                     | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |     224590 | NS      | $12560483.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL BK OF CANADA FINANCIAL INC             | Other Repurchase Agreement                         | CUSIP: N/A<br>LEI: 549300K66TF1ST7A3V76       | Long             | RA               | CORP              | CA        |    4000000 | PA      | $4000000.00   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-960.15      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Vedanta Ltd.                                    | Vedanta Ltd.                                       | CUSIP: N/A<br>LEI: 335800XDKX9KB5EMCO07       | Long             | EC               | CORP              | IN        |     688721 | NS      | $5102843.29   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                          | SAP SE                                             | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |      12122 | NS      | $2459635.07   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Colombian Peso                                  | Colombian Peso                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CO        | 1163370867 | OU      | $317034.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Dollar                                | Hong Kong Dollar                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HK        |   19710615 | OU      | $2523863.24   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Israeli Shekel                                  | Israeli Shekel                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | IL        |     288190 | OU      | $93253.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| THE BANK OF NOVA SCOTIA, TORONTO                | Other Repurchase Agreement                         | CUSIP: N/A<br>LEI: L3I9ZG2KFGXZ61BMYR72       | Long             | RA               | CORP              | CA        |    4000000 | PA      | $4000000.00   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Canara Bank                                     | Canara Bank                                        | CUSIP: N/A<br>LEI: 335800E4RH82Z8XC3C30       | Long             | EC               | CORP              | IN        |     304519 | NS      | $488024.91    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| New Taiwan Dollar                               | New Taiwan Dollar                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | TW        |   29979156 | OU      | $952626.52    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Philippines                                     | Philippines                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | PH        |          0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.            | Mitsubishi UFJ Financial Group, Inc.               | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |     350900 | NS      | $6379483.02   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Banca Mediolanum SpA                            | Banca Mediolanum SpA                               | CUSIP: N/A<br>LEI: 7LVZJ6XRIE7VNZ4UBX81       | Long             | EC               | CORP              | IT        |     325061 | NS      | $7641366.26   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Chemical Group Corp.                 | Mitsubishi Chemical Group Corp.                    | CUSIP: N/A<br>LEI: 353800YNKX4RQUGAR072       | Long             | EC               | CORP              | JP        |     988900 | NS      | $6538817.58   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Hapoalim BM                                | Bank Hapoalim BM                                   | CUSIP: N/A<br>LEI: B6ARUI4946ST4S7WOU88       | Long             | EC               | CORP              | IL        |     357599 | NS      | $8894846.99   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                            | Royal Bank of Canada                               | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |      63481 | NS      | $10628373.75  | 1.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Czech Repub. Kronas                             | Czech Repub. Kronas                                | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CZ        |     938940 | OU      | $45901.36     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Corp.                                | Mitsubishi Corp.                                   | CUSIP: N/A<br>LEI: KVIPTY4PULAPGC1VVD26       | Long             | EC               | CORP              | JP        |     168200 | NS      | $4467233.24   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Yang Ming Marine Transport Corp.                | Yang Ming Marine Transport Corp.                   | CUSIP: N/A<br>LEI: 254900WG2ACWNVSP6E13       | Long             | EC               | CORP              | TW        |    4062709 | NS      | $6893824.61   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Holdings, Inc.                           | Nomura Holdings, Inc.                              | CUSIP: N/A<br>LEI: 549300B3CEAHYG7K8164       | Long             | EC               | CORP              | JP        |    1020800 | NS      | $9350385.06   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-19759.31    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Feng TAY Enterprise Co. Ltd.                    | Feng TAY Enterprise Co. Ltd.                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      32123 | NS      | $98196.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujikura Ltd.                                   | Fujikura Ltd.                                      | CUSIP: N/A<br>LEI: 353800PSDZ8VRCKVPL51       | Long             | EC               | CORP              | JP        |       5400 | NS      | $685064.18    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| South Korea Won                                 | South Korea Won                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | KR        |   28159203 | OU      | $19563.15     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Schroders plc                                   | Schroders plc                                      | CUSIP: N/A<br>LEI: 2138001YYBULX5SZ2H24       | Long             | EC               | CORP              | GB        |     349943 | NS      | $2168625.12   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                                | Roche Holding AG                                   | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |      45936 | NS      | $20920401.53  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Allianz SE                                      | Allianz SE (Registered)                            | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |       1595 | NS      | $705487.43    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever Indonesia Tbk. PT                      | Unilever Indonesia Tbk. PT                         | CUSIP: N/A<br>LEI: 549300MUHUFNRRI19O72       | Long             | EC               | CORP              | ID        |   28167700 | NS      | $3230433.27   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr Ing hc F Porsche AG                          | Dr Ing hc F Porsche AG (Preference)                | CUSIP: N/A<br>LEI: 529900EWEX125AULXI58       | Long             | EC               | CORP              | DE        |      21373 | NS      | $1047821.51   | 0.10%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Powszechna Kasa Oszczednosci Bank Polski SA     | Powszechna Kasa Oszczednosci Bank Polski SA        | CUSIP: N/A<br>LEI: P4GTT6GF1W40CVIMFR43       | Long             | EC               | CORP              | PL        |     158224 | NS      | $4142230.81   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SGS SA                                          | SGS SA (Registered)                                | CUSIP: N/A<br>LEI: 2138007JNS19JHNA2336       | Long             | EC               | CORP              | CH        |      39875 | NS      | $4805402.25   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Australian Dollar                               | Australian Dollar                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AU        |     178120 | OU      | $124781.85    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                | Skandinaviska Enskilda Banken AB, Class A          | CUSIP: N/A<br>LEI: F3JS33DEI6XQ4ZBPTN86       | Long             | EC               | CORP              | SE        |     399388 | NS      | $8633160.36   | 0.83%             |  |  |  | No            |                  1 | On Loan: —       |
| ANZ Group Holdings Ltd.                         | ANZ Group Holdings Ltd.                            | CUSIP: N/A<br>LEI: 9845005D9C6BAA10BK72       | Long             | EC               | CORP              | AU        |     130471 | NS      | $3354433.55   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sberbank of Russia PJSC                         | Sberbank of Russia PJSC                            | CUSIP: N/A<br>LEI: 549300WE6TAF5EEWQS81       | Long             | EC               | CORP              | RU        |    1227390 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Indian Rupee                                    | Indian Rupee                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | IN        |    6345441 | OU      | $68981.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chugai Pharmaceutical Co. Ltd.                  | Chugai Pharmaceutical Co. Ltd.                     | CUSIP: N/A<br>LEI: 529900T9LAII161DCN95       | Long             | EC               | CORP              | JP        |      31900 | NS      | $1819991.57   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Yankuang Energy Group Co. Ltd.                  | Yankuang Energy Group Co. Ltd., Class H            | CUSIP: N/A<br>LEI: 3003005N7A6HYZ4Z0K39       | Long             | EC               | CORP              | HK        |    1404000 | NS      | $2051249.09   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Shell plc                                       | Shell plc                                          | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |      70499 | NS      | $2702978.54   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Var Energi ASA                                  | Var Energi ASA                                     | CUSIP: N/A<br>LEI: 549300LIVN3FFOJN2K47       | Long             | EC               | CORP              | NO        |     543576 | NS      | $1974621.98   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Research Institute Ltd.                  | Nomura Research Institute Ltd.                     | CUSIP: N/A<br>LEI: 5299005F1HCVF4M4QN79       | Long             | EC               | CORP              | JP        |      79800 | NS      | $2431866.98   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                                | Roche Holding AG                                   | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |        638 | NS      | $294952.28    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Moroccan Dirham                                 | Moroccan Dirham                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | MA        |        591 | OU      | $64.96        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $6378.76      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Airlines Ltd.                         | Singapore Airlines Ltd.                            | CUSIP: N/A<br>LEI: 549300ZG62N2599PWR15       | Long             | EC               | CORP              | SG        |    1212200 | NS      | $6065776.20   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings, Inc.                     | Tokio Marine Holdings, Inc.                        | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |      14900 | NS      | $553171.92    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrefour SA                                    | Carrefour SA                                       | CUSIP: N/A<br>LEI: 549300B8P6MUJ1YWTS08       | Long             | EC               | CORP              | FR        |     134618 | NS      | $2216452.52   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Brazilian Real                                  | Brazilian Real                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | BR        |     156361 | OU      | $29865.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WH Group Ltd.                                   | WH Group Ltd.                                      | CUSIP: N/A<br>LEI: 254900A4AYEDRWYSE928       | Long             | EC               | CORP              | HK        |    6443000 | NS      | $7573497.06   | 0.73%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Hero MotoCorp Ltd.                              | Hero MotoCorp Ltd.                                 | CUSIP: N/A<br>LEI: 335800Q49FBMZJTRLK49       | Long             | EC               | CORP              | IN        |     115478 | NS      | $6947196.65   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeda Pharmaceutical Co. Ltd.                  | Takeda Pharmaceutical Co. Ltd.                     | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |     116600 | NS      | $3962253.34   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Chilean Peso Currency                           | Chilean Peso Currency                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CL        |   68619344 | OU      | $79490.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hungarian Forint                                | Hungarian Forint                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HU        |          0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Dollar                                | Singapore Dollar                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SG        |     190826 | OU      | $150374.75    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME SA                                     | Aena SME SA                                        | CUSIP: N/A<br>LEI: 959800R7QMXKF0NFMT29       | Long             | EC               | CORP              | ES        |      31581 | NS      | $985469.93    | 0.10%             |  |  |  | Yes           |                  1 | On Loan: No      |
| UniCredit SpA                                   | UniCredit SpA                                      | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |     136532 | NS      | $11930137.83  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkiye Petrol Rafinerileri A/S                 | Turkiye Petrol Rafinerileri A/S                    | CUSIP: N/A<br>LEI: 789000RCNG97UV50EE03       | Long             | EC               | CORP              | TR        |     467016 | NS      | $2628632.06   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| United Tractors Tbk. PT                         | United Tractors Tbk. PT                            | CUSIP: N/A<br>LEI: 529900N9ELYOWQV4FW14       | Long             | EC               | CORP              | ID        |    4178900 | NS      | $6485573.13   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Astellas Pharma, Inc.                           | Astellas Pharma, Inc.                              | CUSIP: N/A<br>LEI: 529900IB708DY2HBBB35       | Long             | EC               | CORP              | JP        |     207200 | NS      | $2879792.56   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                      | Siemens AG (Registered)                            | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |       6699 | NS      | $2042573.97   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CF SECURED LLC                                  | Treasury Repurchase Agreement                      | CUSIP: N/A<br>LEI: 254900OXTV81I73FAT50       | Long             | RA               | CORP              | US        |   10953716 | PA      | $10953716.14  | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                 | AstraZeneca plc                                    | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |      20416 | NS      | $3810156.41   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SK hynix, Inc.                                  | SK hynix, Inc.                                     | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |       4147 | NS      | $2618884.95   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | MSCI EAFE E-Mini Index                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         75 | NC      | $501273.04    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Santander Bank Polska SA                        | Santander Bank Polska SA                           | CUSIP: N/A<br>LEI: 259400LGXW3K0GDAG361       | Long             | EC               | CORP              | PL        |      51997 | NS      | $8222241.12   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIX Corp.                                      | ORIX Corp.                                         | CUSIP: N/A<br>LEI: 35380016EMHNBOVYE123       | Long             | EC               | CORP              | JP        |     234500 | NS      | $7135634.64   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto plc                                   | Rio Tinto plc                                      | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |      83578 | NS      | $7727806.17   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Negara Indonesia Persero Tbk. PT           | Bank Negara Indonesia Persero Tbk. PT              | CUSIP: N/A<br>LEI: 549300HZ8J3MLVXQ8F85       | Long             | EC               | CORP              | ID        |    7337000 | NS      | $1962652.96   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinor ASA                                     | Equinor ASA                                        | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |     308792 | NS      | $8267437.30   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco BPM SpA                                   | Banco BPM SpA                                      | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | EC               | CORP              | IT        |     153758 | NS      | $2308427.74   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Telkom Indonesia Persero Tbk. PT                | Telkom Indonesia Persero Tbk. PT                   | CUSIP: N/A<br>LEI: 529900M5SQZAOKV1PC81       | Long             | EC               | CORP              | ID        |   27657300 | NS      | $5931860.59   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                                | TotalEnergies SE                                   | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |     123453 | NS      | $8980847.43   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Kone OYJ                                        | Kone OYJ, Class B                                  | CUSIP: N/A<br>LEI: 2138001CNF45JP5XZK38       | Long             | EC               | CORP              | FI        |     107503 | NS      | $7752749.02   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Engie SA                                        | Engie SA                                           | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |     134299 | NS      | $4010197.01   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BB Seguridade Participacoes SA                  | BB Seguridade Participacoes SA                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    1093000 | NS      | $7789025.03   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica SA                                   | Telefonica SA                                      | CUSIP: 879382109<br>LEI: 549300EEJH4FEPDBBR25 | Long             | EC               | CORP              | ES        |     541343 | NS      | $2199289.72   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Nestle SA                                       | Nestle SA (Registered)                             | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |     112926 | NS      | $10768334.76  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Admiral Group plc                               | Admiral Group plc                                  | CUSIP: N/A<br>LEI: 213800FGVM7Z9EJB2685       | Long             | EC               | CORP              | GB        |      46255 | NS      | $1745519.15   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| KBC Group NV                                    | KBC Group NV                                       | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |      61567 | NS      | $8708614.28   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM-Kymmene OYJ                                 | UPM-Kymmene OYJ                                    | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |      77198 | NS      | $2146268.10   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-7425.29     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-1217.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Emirates Integrated Telecommunications Co. PJSC | Emirates Integrated Telecommunications Co. PJSC    | CUSIP: N/A<br>LEI: 254900USBXS6XN200K29       | Long             | EC               | CORP              | AE        |    2422167 | NS      | $6793002.36   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Tele2 AB                                        | Tele2 AB, Class B                                  | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | EC               | CORP              | SE        |     403216 | NS      | $7422299.10   | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| Russian Roubles                                 | Russian Roubles                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | RU        |  158453565 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay Pacific Airways Ltd.                     | Cathay Pacific Airways Ltd.                        | CUSIP: N/A<br>LEI: EQNZNT235RBOJ6LJQZ02       | Long             | EC               | CORP              | HK        |    4466000 | NS      | $7010917.19   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| GMK Norilskiy Nickel PAO                        | GMK Norilskiy Nickel PAO                           | CUSIP: N/A<br>LEI: 253400JPTEEW143W3E47       | Long             | EC               | CORP              | RU        |    1631500 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| China Feihe Ltd.                                | China Feihe Ltd.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |   11484000 | NS      | $5705458.60   | 0.55%             |  |  |  | Yes           |                  1 | On Loan: —       |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-14793.16    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CaixaBank SA                                    | CaixaBank SA                                       | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |     762091 | NS      | $10113363.49  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                             | Deutsche Telekom AG (Registered)                   | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |     101761 | NS      | $3410259.46   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| PTT Exploration & Production PCL                | PTT Exploration & Production PCL                   | CUSIP: N/A<br>LEI: 2549001O8YYGP5N7Q076       | Long             | EC               | CORP              | TH        |    2169200 | NS      | $8445161.29   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                     | Novartis AG (Registered)                           | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |      94105 | NS      | $14007291.86  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| OPAP SA                                         | OPAP SA                                            | CUSIP: N/A<br>LEI: 213800M4NRGFJCI34834       | Long             | EC               | CORP              | GR        |     350581 | NS      | $7090167.67   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| TELUS Corp.                                     | TELUS Corp.                                        | CUSIP: 87971M103<br>LEI: 894500WE70KKZRQMBU11 | Long             | EC               | CORP              | CA        |     142274 | NS      | $1996238.23   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Bureau Veritas SA                               | Bureau Veritas SA                                  | CUSIP: N/A<br>LEI: 969500TPU5T3HA5D1F11       | Long             | EC               | CORP              | FR        |     167475 | NS      | $5399312.77   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                             | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $290.44       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Chow Tai Fook Jewellery Group Ltd.              | Chow Tai Fook Jewellery Group Ltd.                 | CUSIP: N/A<br>LEI: 254900VXRL7SRSF44G79       | Long             | EC               | CORP              | HK        |    3636600 | NS      | $6705384.33   | 0.65%             |  |  |  | No            |                  1 | On Loan: —       |
| Polish Zloty - New                              | Polish Zloty - New                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | PL        |     108973 | OU      | $30815.07     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Uab Dirham                                      | Uab Dirham                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AE        |     134325 | OU      | $36574.52     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortum OYJ                                      | Fortum OYJ                                         | CUSIP: N/A<br>LEI: 635400IUIZZIUJSAMF76       | Long             | EC               | CORP              | FI        |     328889 | NS      | $7791998.64   | 0.75%             |  |  |  | No            |                  1 | On Loan: —       |
| Kumba Iron Ore Ltd.                             | Kumba Iron Ore Ltd.                                | CUSIP: N/A<br>LEI: 3789006C753402643048       | Long             | EC               | CORP              | ZA        |     356004 | NS      | $7991360.25   | 0.77%             |  |  |  | No            |                  1 | On Loan: —       |
| FinecoBank Banca Fineco SpA                     | FinecoBank Banca Fineco SpA                        | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |     299860 | NS      | $7972880.83   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp.                              | Kinross Gold Corp.                                 | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |      44022 | NS      | $1393983.95   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Grupo Financiero Banorte SAB de CV              | Grupo Financiero Banorte SAB de CV, Class O        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |     797500 | NS      | $9082958.15   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings plc                               | HSBC Holdings plc                                  | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |    1157651 | NS      | $20419691.95  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Henderson Land Development Co. Ltd.             | Henderson Land Development Co. Ltd.                | CUSIP: N/A<br>LEI: 529900SYQB7IVR9QGN76       | Long             | EC               | CORP              | HK        |     512000 | NS      | $2040211.53   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| HCL Technologies Ltd.                           | HCL Technologies Ltd.                              | CUSIP: N/A<br>LEI: 549300C1F8OLYSOQYB65       | Long             | EC               | CORP              | IN        |     344520 | NS      | $6350516.23   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Shin-Etsu Chemical Co. Ltd.                     | Shin-Etsu Chemical Co. Ltd.                        | CUSIP: N/A<br>LEI: 353800PX8Q64N86H5W41       | Long             | EC               | CORP              | JP        |     142200 | NS      | $4728016.34   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordea Bank Abp                                 | Nordea Bank Abp                                    | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |     497321 | NS      | $9652572.79   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Continental AG                                  | Continental AG                                     | CUSIP: N/A<br>LEI: 529900A7YD9C0LLXM621       | Long             | EC               | CORP              | DE        |      28072 | NS      | $2225499.76   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                            | EURO                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |      92365 | OU      | $109881.87    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd.                                    | Infosys Ltd.                                       | CUSIP: N/A<br>LEI: 335800TYLGG93MM7PR89       | Long             | EC               | CORP              | IN        |      80707 | NS      | $1439762.87   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| British Pound                                   | British Pound                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |     181667 | OU      | $249292.18    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Isuzu Motors Ltd.                               | Isuzu Motors Ltd.                                  | CUSIP: N/A<br>LEI: 529900C0QSXVCC7AR494       | Long             | EC               | CORP              | JP        |     141600 | NS      | $2281057.95   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Cibest SA                                 | Grupo Cibest SA (Preference)                       | CUSIP: N/A<br>LEI: 529900OSSJBGZREZ2C28       | Long             | EC               | CORP              | CO        |     134618 | NS      | $2769736.53   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Coal India Ltd.                                 | Coal India Ltd.                                    | CUSIP: N/A<br>LEI: 335800NLJQZNHM9LBB31       | Long             | EC               | CORP              | IN        |      80388 | NS      | $385172.02    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Emera, Inc.                                     | Emera, Inc.                                        | CUSIP: 290876101<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | EC               | CORP              | CA        |      45617 | NS      | $2273523.12   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Bouygues SA                                     | Bouygues SA                                        | CUSIP: N/A<br>LEI: 969500MOCLNQFNZN0D63       | Long             | EC               | CORP              | FR        |      44979 | NS      | $2440557.68   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy, Inc.                             | Suncor Energy, Inc.                                | CUSIP: 867224107<br>LEI: 894500XO86FKXQGPYV71 | Long             | EC               | CORP              | CA        |      30624 | NS      | $1627596.12   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Talabat Holding plc                             | Talabat Holding plc                                | CUSIP: N/A<br>LEI: 529900MAA20AIKRXOA24       | Long             | EC               | CORP              | AE        |   21280171 | NS      | $5388631.92   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| H & M Hennes & Mauritz AB                       | H & M Hennes & Mauritz AB, Class B                 | CUSIP: N/A<br>LEI: 529900O5RR7R39FRDM42       | Long             | EC               | CORP              | SE        |     126324 | NS      | $2545102.70   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Indonesian Rupiah                               | Indonesian Rupiah                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | ID        |         14 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DNB Bank ASA                                    | DNB Bank ASA                                       | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | EC               | CORP              | NO        |      95381 | NS      | $2749430.69   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Klepierre SA                                    | Klepierre SA                                       | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |     139403 | NS      | $5379874.87   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Arabian Ryal                              | Saudi Arabian Ryal                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SA        |     303253 | OU      | $80852.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co. Ltd.                    | Samsung Electronics Co. Ltd.                       | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |      72413 | NS      | $8074396.62   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviva plc                                       | Aviva plc                                          | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |     160457 | NS      | $1399949.70   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Energy Ltd.                              | Origin Energy Ltd.                                 | CUSIP: N/A<br>LEI: ZSN2LWNPYW6ISMRUC664       | Long             | EC               | CORP              | AU        |     285186 | NS      | $2357487.22   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** FlexShares Trust

**Signature:** Randal Rein

**Name of Signer:** Randal Rein

**Title:** Treasurer and PFO