# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-001304
**Filing Date:** 2026-2
**Character Count:** 75144
**Document Hash:** 761981d5351f775faf2aa120a0b138e0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001304.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001004726-26-001304

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios II
- **CENTRAL INDEX KEY:** 0001547580

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22696
- **FILM NUMBER:** 26694475

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 216-898-2411

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Compass EMP Funds Trust
- **DATE OF NAME CHANGE:** 20120417

## Series and Classes Contracts Data

### VictoryShares International Value Momentum ETF formerly VictoryShares USAA MSCI International Value Momentum ETF (Series ID: S000065157)

| Class ID   | Class Name                                                                                                       | Ticker Symbol   |
|:---|:---|:---|
| C000210926 | VictoryShares International Value Momentum ETF formerly VictoryShares USAA MSCI International Value Momentum ETF | UIVM            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios II

- **b. Investment Company Act file number:** 811-22696

- **c. CIK number of Registrant:** 0001547580

- **d. LEI of Registrant:** 5493002SUQLUY3T5P040

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

  - **Street Address 1:** 15935 La Cantera Parkway Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** VictoryShares International Value Momentum ETF

- **b. EDGAR series identifier (if any):** S000065157

- **c. LEI of Series:** 549300E7201NTWCGJH16

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $302101042.00

**Total Liabilities:** $12648266.84

**Net Assets:** $289452775.16

**Cash Not Reported:** $773494.93

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000210926 | 0.61%                | 2.39%                | 3.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7455.50                | $1480007.24                                |
| Month 2  | $-92147.84               | $6132815.32                                |
| Month 3  | $9535351.58              | $-465323.39                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Prosus N.V.                                            | PROSUS NV                                        | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |     25247 | NS      | $1567943.16   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| COMMERZBANK Aktiengesellschaft.                        | COMMERZBANK AG                                   | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | EC               | CORP              | DE        |     30363 | NS      | $1288034.29   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| WILMAR INTERNATIONAL LIMITED                           | WILMAR INTERNATIONAL LTD                         | CUSIP: N/A<br>LEI: 549300H2EAI4YRLWBB20       | Long             | EC               | CORP              | SG        |    725500 | NS      | $1738806.32   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| ORIENT OVERSEAS (INTERNATIONAL) LIMITED                | ORIENT OVERSEAS INTL LTD                         | CUSIP: N/A<br>LEI: 529900DQ426GJO276W95       | Long             | EC               | CORP              | BM        |     51522 | NS      | $830177.81    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| SUBARU CORPORATION                                     | SUBARU CORP                                      | CUSIP: N/A<br>LEI: 549300N244BVAEE6HH86       | Long             | EC               | CORP              | JP        |     50700 | NS      | $1099007.15   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| HYUNDAI ROTEM COMPANY                                  | HYUNDAI ROTEM CO LTD                             | CUSIP: Y3R36Z108<br>LEI: 988400HB939UNHXTFY36 | Long             | EC               | CORP              | KR        |      4113 | NS      | $536576.58    | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| ISRAEL DISCOUNT BANK LIMITED                           | ISRAEL DISCOUNT BANK A                           | CUSIP: 465074201<br>LEI: 549300XWZ7BG5G23OF51 | Long             | EC               | CORP              | IL        |    147976 | NS      | $1573856.32   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| J SAINSBURY PLC                                        | J SAINSBURY PLC                                  | CUSIP: N/A<br>LEI: 213800VGZAAJIKJ9Y484       | Long             | EC               | CORP              | GB        |    457587 | NS      | $2004255.73   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| GREAT BRITISH POUND                                    | GREAT BRITISH POUND                              | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | GB        |     21596 | NS      | $29105.00     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| Japan Airlines Co., Ltd.                               | JAPAN AIRLINES CO LTD                            | CUSIP: N/A<br>LEI: 3538002MH5L1QZZ93477       | Long             | EC               | CORP              | JP        |    105200 | NS      | $1951257.82   | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Raiffeisen Bank International AG                       | RAIFFEISEN BANK INTERNATIONAL AG                 | CUSIP: N/A<br>LEI: 9ZHRYM6F437SQJ6OUG95       | Long             | EC               | CORP              | AT        |     28829 | NS      | $1297489.63   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| OSAKA GAS CO., LTD.                                    | OSAKA GAS CO LTD                                 | CUSIP: N/A<br>LEI: 353800024KMNOPQRWZ02       | Long             | EC               | CORP              | JP        |     57700 | NS      | $2000453.33   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| NATIONAL BANK OF GREECE S.A.                           | NATIONAL BANK OF GREECE SA                       | CUSIP: N/A<br>LEI: 5UMCZOEYKCVFAW8ZLO05       | Long             | EC               | CORP              | GR        |     89900 | NS      | $1373341.64   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Samsung Electronics Co., Ltd.                          | SAMSUNG ELECTRONICS CO LTD                       | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |     11856 | NS      | $986969.20    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| BPER BANCA S.P.A.                                      | BPER BANCA                                       | CUSIP: N/A<br>LEI: N747OI7JINV7RUUH6190       | Long             | EC               | CORP              | IT        |    117644 | NS      | $1603626.83   | 0.55%             |  |  |  | No            | 1                  | On Loan: —       |
| Sino Land Company Limited                              | SINO LAND CO                                     | CUSIP: N/A<br>LEI: 529900G5P51053HJVZ92       | Long             | EC               | CORP              | HK        |   1145883 | NS      | $1504776.65   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria, S.A.                  | BANCO BILBAO VIZCAYA ARGENTARIA SA               | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |     70459 | NS      | $1660069.98   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| HSBC HOLDINGS PLC                                      | HSBC HOLDINGS PLC                                | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |    131346 | NS      | $2077815.84   | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| ROGERS COMMUNICATIONS INC.                             | ROGERS COMMUNICATIONS INC                        | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | EC               | CORP              | CA        |     52755 | NS      | $1991574.29   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| HMM CO.,LTD                                            | HMM CO LTD                                       | CUSIP: N/A<br>LEI: 988400M8Q35QDZ4XXW80       | Long             | EC               | CORP              | KR        |     65332 | NS      | $929878.14    | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| EMERA INCORPORATED                                     | EMERA INC                                        | CUSIP: 290876101<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | EC               | CORP              | CA        |     70114 | NS      | $3455633.17   | 1.19%             |  |  |  | No            | 1                  | On Loan: No      |
| LG Corp.                                               | LG CORP                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     17130 | NS      | $959791.99    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| KLEPIERRE SA                                           | KLEPIERRE SA                                     | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |     72167 | NS      | $2861272.85   | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| CK ASSET HOLDINGS LIMITED                              | CK ASSET HOLDINGS LIMITED                        | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | KY        |    265823 | NS      | $1343033.78   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| ANGLOGOLD ASHANTI PLC                                  | ANGLOGOLD ASHANTI PLC                            | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |     10753 | NS      | $917015.84    | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| SINGAPORE AIRLINES LIMITED                             | SINGAPORE AIRLINES LTD                           | CUSIP: N/A<br>LEI: 549300ZG62N2599PWR15       | Long             | EC               | CORP              | SG        |    335900 | NS      | $1672834.80   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Grifols, S.A.                                          | GRIFOLS SA                                       | CUSIP: N/A<br>LEI: 959800HSSNXWRKBK4N60       | Long             | EC               | CORP              | ES        |    113200 | NS      | $1423330.47   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| ACS, Actividades de Construccion y Servicios, S.A.     | ACS ACTIVIDADES DE CONSTRUCCION Y SERVICIOS SA   | CUSIP: N/A<br>LEI: 95980020140005558665       | Long             | EC               | CORP              | ES        |     18563 | NS      | $1850868.46   | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Heidelberg Materials AG                                | HEIDELBERG MATERIALS AG                          | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |      5281 | NS      | $1383874.08   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| INTESA SANPAOLO SPA                                    | INTESA SANPAOLO SPA                              | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |    255079 | NS      | $1774783.21   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Mercedes-Benz Group AG                                 | Mercedes Benz Group AG                           | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |     25159 | NS      | $1775932.89   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| HENDERSON LAND DEVELOPMENT COMPANY LIMITED             | HENDERSON LAND DEVELOPMENT CO LTD                | CUSIP: N/A<br>LEI: 529900SYQB7IVR9QGN76       | Long             | EC               | CORP              | HK        |    292243 | NS      | $1056693.61   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| SK hynix Inc.                                          | SK HYNIX INC                                     | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |      1480 | NS      | $668942.72    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Koninklijke Ahold Delhaize N.V.                        | KONINKLIJKE AHOLD DELHAIZE NV                    | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |     69735 | NS      | $2857447.74   | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| VOLKSWAGEN AKTIENGESELLSCHAFT                          | VOLKSWAGEN AG                                    | CUSIP: N/A<br>LEI: 529900NNUPAGGOMPXZ31       | Long             | EC               | CORP              | DE        |     14565 | NS      | $1772295.50   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| CHINA RESOURCES LAND LIMITED                           | CHINA RESOURCES LAND LIMITED                     | CUSIP: N/A<br>LEI: 5299001HL0TU7X15HK51       | Long             | EC               | CORP              | KY        |    254750 | NS      | $890356.57    | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Nippon Yusen Kabushiki Kaisha                          | NIPPON YUSEN KK                                  | CUSIP: N/A<br>LEI: 353800YPW4XM0ZN5I149       | Long             | EC               | CORP              | JP        |     51200 | NS      | $1660028.09   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Shionogi & Co., Ltd.                                   | SHIONOGI CO LTD                                  | CUSIP: N/A<br>LEI: 35380049VXDTHZI3DY35       | Long             | EC               | CORP              | JP        |    108500 | NS      | $1968129.87   | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| DOOSAN ENERBILITY CO., LTD.                            | DOOSAN ENERBILITY CO LTD                         | CUSIP: N/A<br>LEI: 988400TK5NA3GLSTN506       | Long             | EC               | CORP              | KR        |      8485 | NS      | $443601.54    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| KOREA ELECTRIC POWER CORPORATION                       | KOREA ELECTRIC POWER CORP                        | CUSIP: N/A<br>LEI: 988400QG33WS7JEIV602       | Long             | EC               |  | KR        |     15935 | NS      | $522204.12    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Bayerische Motoren Werke Aktiengesellschaft            | BAYERISCHE MOTOREN WERKE BMW AG                  | CUSIP: N/A<br>LEI: YEH5ZCD6E441RHVHD759       | Long             | EC               | CORP              | DE        |     14865 | NS      | $1626959.31   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| ALPHA BANK S.A.                                        | ALPHA BANK SA                                    | CUSIP: N/A<br>LEI: 213800DBQIB6VBNU5C64       | Long             | EC               | CORP              | GR        |    281784 | NS      | $1185427.23   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| UNICREDIT, SOCIETA PER AZIONI                          | UNICREDIT SPA                                    | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |     18893 | NS      | $1574509.17   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| SMITH & NEPHEW PLC                                     | SMITH NEPHEW PLC                                 | CUSIP: N/A<br>LEI: 213800ZTMDN8S67S1H61       | Long             | EC               | CORP              | GB        |     91171 | NS      | $1521769.33   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| SAMSUNG C&T CORPORATION                                | SAMSUNG C T CORPORATION                          | CUSIP: N/A<br>LEI: 988400GFRE4IDFPE9E64       | Long             | EC               | CORP              | KR        |      4611 | NS      | $766737.78    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Aktiebolaget Industrivarden                            | INDUSTRIVARDEN AB                                | CUSIP: N/A<br>LEI: 549300TM1DLIQI3B3T37       | Long             | EC               | CORP              | SE        |     53529 | NS      | $2413600.21   | 0.83%             |  |  |  | No            | 1                  | On Loan: —       |
| CK HUTCHISON HOLDINGS LIMITED                          | CK HUTCHISON HOLDINGS                            | CUSIP: N/A<br>LEI: 254900Z8HM1VEPOQ2G79       | Long             | EC               | CORP              | KY        |    166787 | NS      | $1134773.10   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| JAPAN POST INSURANCE Co.,Ltd.                          | JAPAN POST INSURANCE CO LTD                      | CUSIP: N/A<br>LEI: 54930042SK2Z708BA841       | Long             | EC               | CORP              | JP        |     53300 | NS      | $1603560.21   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Sumitomo Electric Industries, Ltd.                     | SUMITOMO ELECTRIC INDUSTRIES LTD                 | CUSIP: N/A<br>LEI: 5493005SP87FL5TOS202       | Long             | EC               | CORP              | JP        |     20900 | NS      | $844033.33    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| EQUINOR ASA                                            | EQUINOR ASA                                      | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |     77181 | NS      | $1815590.92   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| ORANGE SA                                              | ORANGE SA                                        | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |    157455 | NS      | $2627364.60   | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| VODAFONE GROUP PUBLIC LIMITED COMPANY                  | VODAFONE GROUP PLC                               | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |   1440852 | NS      | $1920100.35   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Repsol S.A.                                            | REPSOL SA                                        | CUSIP: N/A<br>LEI: BSYCX13Y0NOTV14V9N85       | Long             | EC               | CORP              | ES        |    101559 | NS      | $1900524.19   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| A.P. MOELLER - MAERSK A/S                              | AP MOELLER MAERSK A S                            | CUSIP: N/A<br>LEI: 549300D2K6PKKKXVNN73       | Long             | EC               | CORP              | DK        |       558 | NS      | $1285463.41   | 0.44%             |  |  |  | No            | 1                  | On Loan: —       |
| IHI Corporation                                        | IHI CORP                                         | CUSIP: N/A<br>LEI: 549300ETQIESIUQ2OE26       | Long             | EC               | CORP              | JP        |     48900 | NS      | $860011.81    | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| WH GROUP LIMITED                                       | WH GROUP LTD                                     | CUSIP: N/A<br>LEI: 254900A4AYEDRWYSE928       | Long             | EC               | CORP              | KY        |   1015333 | NS      | $1131119.45   | 0.39%             |  |  |  | Yes           | 1                  | On Loan: No      |
| MINI MSCI EAFE INDEX FUTURE MAR26                      | MINI MSCI EAFE INDEX FUTURE MAR26                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        13 | NC      | $8965.53      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| TOYOTA TSUSHO CORPORATION                              | TOYOTA TSUSHO CORPORATION                        | CUSIP: N/A<br>LEI: 549300CEE2ENIUJNXB84       | Long             | EC               | CORP              | JP        |     43400 | NS      | $1461445.54   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| LG CHEM LTD                                            | LG CHEM LTD                                      | CUSIP: N/A<br>LEI: 988400IES4EIG7O06940       | Long             | EC               | CORP              | KR        |      2315 | NS      | $535231.24    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| NISSAN MOTOR CO., LTD.                                 | NISSAN MOTOR CO LTD                              | CUSIP: N/A<br>LEI: 353800DRBDH1LUTNAY26       | Long             | EC               | CORP              | JP        |    437000 | NS      | $1088454.22   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| RYANAIR HOLDINGS PUBLIC LIMITED COMPANY                | RYANAIR HOLDINGS PLC                             | CUSIP: N/A<br>LEI: 635400BR2ROC1FVEBQ56       | Long             | EC               | CORP              | IE        |     49351 | NS      | $1713677.07   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| BANCO BPM SOCIETA PER AZIONI                           | BANCO BPM SPA                                    | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | EC               | CORP              | IT        |    104116 | NS      | $1592956.82   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| The Kansai Electric Power Company, Incorporated        | KANSAI ELECTRIC POWER COMPANY                    | CUSIP: N/A<br>LEI: 353800PFUKP5ONPJNZ86       | Long             | EC               | CORP              | JP        |     92000 | NS      | $1442089.13   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| KIA CORPORATION                                        | KIA CORP                                         | CUSIP: N/A<br>LEI: 988400V8MJK9N7OI5X76       | Long             | EC               | CORP              | KR        |     11397 | NS      | $963793.65    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Lundin Gold Inc.                                       | LUNDIN GOLD INC                                  | CUSIP: 550371108<br>LEI: 549300ZOV16K515FC525 | Long             | EC               | CORP              | CA        |      9432 | NS      | $783617.49    | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| TESCO PLC                                              | TESCO PLC                                        | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |    317519 | NS      | $1890564.61   | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| LG ELECTRONICS INC.                                    | LG ELECTRONICS INC                               | CUSIP: N/A<br>LEI: 988400RMQFTGZIOG0609       | Long             | EC               | CORP              | KR        |     16309 | NS      | $1040612.57   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Hyosung Heavy Industries Corporation                   | HYOSUNG HEAVY INDUSTRIES CORP                    | CUSIP: N/A<br>LEI: 988400IDLF9EQ95M0928       | Long             | EC               | CORP              | KR        |       389 | NS      | $481016.25    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| CENTRICA PLC                                           | CENTRICA PLC                                     | CUSIP: N/A<br>LEI: E26EDV109X6EEPBKVH76       | Long             | EC               | CORP              | GB        |    843196 | NS      | $1926736.95   | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| BARCLAYS PLC                                           | BARCLAYS PLC                                     | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | RF                | GB        |    259780 | NS      | $1666338.15   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Bayer Aktiengesellschaft                               | BAYER AG                                         | CUSIP: N/A<br>LEI: 549300J4U55H3WP1XT59       | Long             | EC               | CORP              | DE        |     34482 | NS      | $1499640.21   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| The Swatch Group AG                                    | SWATCH GROUP AG THE                              | CUSIP: N/A<br>LEI: 529900NTES2LEON1JZ55       | Long             | EC               | CORP              | CH        |      6852 | NS      | $1455801.24   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| SK TELECOM CO.,LTD                                     | SK TELECOM CO LTD                                | CUSIP: N/A<br>LEI: 9884003WEA1PHW006037       | Long             | EC               | CORP              | KR        |     45683 | NS      | $1696893.65   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Takeda Pharmaceutical Company Limited                  | TAKEDA PHARMACEUTICAL CO LTD                     | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |     70900 | NS      | $2188746.65   | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| CELESTICA INC.                                         | CELESTICA INC                                    | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |      1928 | NS      | $570378.37    | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| TOKYO GAS CO.,LTD.                                     | TOKYO GAS CO LTD                                 | CUSIP: N/A<br>LEI: 353800678EIJLOQSWZ83       | Long             | EC               | CORP              | JP        |     42200 | NS      | $1671887.37   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| ABN AMRO Bank N.V.                                     | ABN AMRO GROUP NV                                | CUSIP: N/A<br>LEI: BFXS5XCH7N0Y05NIXW11       | Long             | EC               | CORP              | NL        |     50102 | NS      | $1753884.98   | 0.61%             |  |  |  | Yes           | 1                  | On Loan: No      |
| Fresenius Medical Care AG                              | FRESENIUS MEDICAL CARE AG                        | CUSIP: N/A<br>LEI: 549300CP8NY40UP89Q40       | Long             | EC               | CORP              | DE        |     33987 | NS      | $1627880.61   | 0.56%             |  |  |  | No            | 1                  | On Loan: —       |
| MIRAE ASSET SECURITIES CO.,LTD.                        | MIRAE ASSET SECURITIES CO LTD                    | CUSIP: N/A<br>LEI: 98840072S6T63E2V1291       | Long             | EC               | CORP              | KR        |     30483 | NS      | $494186.43    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Deutsche Lufthansa Aktiengesellschaft                  | DEUTSCHE LUFTHANSA AG                            | CUSIP: N/A<br>LEI: 529900PH63HYJ86ASW55       | Long             | EC               | CORP              | DE        |    150275 | NS      | $1484402.46   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Hana Financial Group Inc.                              | HANA FINANCIAL GROUP INC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     13455 | NS      | $879062.09    | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| HD KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO., LTD. | HD KOREA SHIPBUILDING OFFSHORE ENGINEERING CO LT | CUSIP: N/A<br>LEI: 988400DPTJ9KH5R6W540       | Long             | EC               | CORP              | KR        |      2248 | NS      | $635238.69    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| HD HYUNDAI ELECTRIC CO., LTD.                          | HYUNDAI ELECTRIC ENERGY SYSTEMS CO LTD           | CUSIP: N/A<br>LEI: 988400CSDKM9UHLHGB91       | Long             | EC               | CORP              | KR        |       956 | NS      | $513742.01    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| KEPPEL LTD.                                            | KEPPEL LTD                                       | CUSIP: N/A<br>LEI: 254900SQ7IPDOY6IDW33       | Long             | EC               | CORP              | SG        |    157100 | NS      | $1265259.51   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| SAMSUNG ELECTRO-MECHANICS CO.,LTD                      | SAMSUNG ELECTRO MECHANICS CO LTD                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      3909 | NS      | $692073.27    | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Holcim AG                                              | HOLCIM LTD                                       | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |     16181 | NS      | $1588880.62   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| AEON CO.,LTD.                                          | AEON CO LTD                                      | CUSIP: N/A<br>LEI: 5299009MXFL34SA71416       | Long             | EC               | CORP              | JP        |     82400 | NS      | $1303184.78   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| CARREFOUR SA                                           | CARREFOUR SA                                     | CUSIP: N/A<br>LEI: 549300B8P6MUJ1YWTS08       | Long             | EC               | CORP              | FR        |    136754 | NS      | $2286759.44   | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| NIPPON STEEL CORPORATION                               | NIPPON STEEL CORP                                | CUSIP: N/A<br>LEI: 35380065QWQ4U2V3PA33       | Long             | EC               | CORP              | JP        |    436100 | NS      | $1787057.72   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| RIO TINTO LIMITED                                      | RIO TINTO LIMITED                                | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |     13699 | NS      | $1341931.67   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| UNIPOL ASSICURAZIONI S.P.A.                            | UNIPOL GRUPPO SPA                                | CUSIP: N/A<br>LEI: 8156005CE5E7340CCA86       | Long             | EC               | CORP              | IT        |     68897 | NS      | $1665367.74   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND         | GLDMN SCHS FIN SQ GV-FST                         | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3097966 | NS      | $3097966.06   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| BOC HONG KONG (HOLDINGS) LIMITED                       | BOC HONG KONG HOLDINGS LTD                       | CUSIP: N/A<br>LEI: 254900JB98W77JDJMW15       | Long             | EC               | CORP              | HK        |    235784 | NS      | $1194295.57   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                | BANK OF NOVA SCOTIA                              | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |     44030 | NS      | $3247709.78   | 1.12%             |  |  |  | No            | 1                  | On Loan: No      |
| BANK LEUMI LE ISRAEL B.M.                              | BANK LEUMI LE ISRAEL BM                          | CUSIP: N/A<br>LEI: 7JDSZWRGUQY2DSTWCR57       | Long             | EC               | CORP              | IL        |     75574 | NS      | $1668436.63   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| INDUSTRIAL BANK OF KOREA                               | INDUSTRIAL BANK OF KOREA                         | CUSIP: N/A<br>LEI: 988400RBIWE3YA18PK12       | Long             | EC               |  | KR        |     84313 | NS      | $1226379.25   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Fresenius SE & Co. KGaA                                | FRESENIUS SE CO KGAA                             | CUSIP: N/A<br>LEI: XDFJ0CYCOO1FXRFTQS51       | Long             | EC               | CORP              | DE        |     40260 | NS      | $2317224.41   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Banco Comercial Portugues, S.A.                        | BANCO COMERCIAL PORTUGUES SA                     | CUSIP: N/A<br>LEI: JU1U6S0DG9YLT7N8ZV32       | Long             | EC               | CORP              | PT        |   1559031 | NS      | $1641856.64   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| STANDARD CHARTERED PLC                                 | STANDARD CHARTERED PLC                           | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |     61902 | NS      | $1520019.46   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| HONDA MOTOR CO., LTD.                                  | HONDA MOTOR CO LTD                               | CUSIP: N/A<br>LEI: 549300P7ZYCQJ36CCS16       | Long             | EC               | CORP              | JP        |    137900 | NS      | $1352409.65   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| SK Square Co., Ltd.                                    | SK SQUARE CO LTD                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      2150 | NS      | $549328.97    | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| MINES AGNICO EAGLE LIMITEE                             | AGINCO EAGLE MINES LTD                           | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |      7024 | NS      | $1191275.31   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| KT CORPORATION                                         | KT CORP                                          | CUSIP: N/A<br>LEI: 9884005ACF8449EANY26       | Long             | EC               | CORP              | KR        |     27295 | NS      | $996816.16    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| HYUNDAI MOBIS CO.,LTD                                  | HYUNDAI MOBIS                                    | CUSIP: N/A<br>LEI: 988400HJA9E0ZVDHRS65       | Long             | EC               | CORP              | KR        |      4046 | NS      | $1047806.13   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| SWIRE PACIFIC LIMITED                                  | SWIRE PACIFIC LTD CL A                           | CUSIP: N/A<br>LEI: 549300KZOZHII0DGF611       | Long             | EC               | CORP              | HK        |    166352 | NS      | $1340221.06   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| GEELY AUTOMOBILE HOLDINGS LIMITED                      | GEELY AUTOMOBILE HOLDINGS LTD                    | CUSIP: N/A<br>LEI: 549300YS3T1KVQ2SNI84       | Long             | EC               | CORP              | KY        |    294910 | NS      | $678302.47    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Panasonic Holdings Corporation                         | PANASONIC HOLDINGS CORP                          | CUSIP: N/A<br>LEI: 254900GE1G59KGWPHX32       | Long             | EC               | CORP              | JP        |     95400 | NS      | $1232549.48   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| BOUYGUES SA                                            | BOUYGUES                                         | CUSIP: N/A<br>LEI: 969500MOCLNQFNZN0D63       | Long             | EC               | CORP              | FR        |     42643 | NS      | $2222372.82   | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| HYUNDAI MOTOR COMPANY                                  | HYUNDAI MOTOR CO                                 | CUSIP: N/A<br>LEI: 9884004RQX8PRBXQ8S60       | Long             | EC               | CORP              | KR        |      4715 | NS      | $970627.56    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Central Japan Railway Company                          | CENTRAL JAPAN RAILWAY CO                         | CUSIP: N/A<br>LEI: 353800YAR3OVUITHTG64       | Long             | EC               | CORP              | JP        |     60500 | NS      | $1675319.24   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| ENI S.P.A.                                             | ENI SPA                                          | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | EC               | CORP              | IT        |    116823 | NS      | $2215681.99   | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| SHINHAN FINANCIAL GROUP CO.,LTD                        | SHINHAN FINANCIAL GROUP CO LTD                   | CUSIP: N/A<br>LEI: 988400EB8A6G49E5KO54       | Long             | EC               | CORP              | KR        |     18410 | NS      | $982938.52    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| MERLIN Properties SOCIMI, S.A.                         | MERLIN PROPERTIES SOCIMI SA                      | CUSIP: N/A<br>LEI: 959800L8KD863DP30X04       | Long             | EC               | CORP              | ES        |    147222 | NS      | $2150400.66   | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                   | HSBC US GOVT MMKT-I                              | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3097966 | NS      | $3097966.06   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| SINO BIOPHARMACEUTICAL LIMITED                         | SINO BIOPHARMACEUTICAL LTD                       | CUSIP: N/A<br>LEI: 529900LPR4ADFEJAR786       | Long             | EC               | CORP              | KY        |    637614 | NS      | $506322.46    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| CREDIT AGRICOLE SA                                     | CREDIT AGRICOLE SA                               | CUSIP: N/A<br>LEI: 969500TJ5KRTCJQWXH05       | Long             | EC               | CORP              | FR        |    105730 | NS      | $2180473.92   | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| Doosan Corporation                                     | DOOSAN CO LTD                                    | CUSIP: N/A<br>LEI: 988400GNQKLXZRRQQE60       | Long             | EC               | CORP              | KR        |       693 | NS      | $375777.26    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Deutsche Bank Aktiengesellschaft                       | DEUTSCHE BANK AG                                 | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |     36646 | NS      | $1425808.83   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| HONGKONG LAND HOLDINGS LIMITED                         | HONGKONG LAND HOLDINGS LTD                       | CUSIP: N/A<br>LEI: 213800XCHYNRPAYGXW28       | Long             | EC               | CORP              | BM        |    160700 | NS      | $1116865.00   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Fujikura Ltd.                                          | FUJIKURA LTD                                     | CUSIP: N/A<br>LEI: 353800PSDZ8VRCKVPL51       | Long             | EC               | CORP              | JP        |      5900 | NS      | $656978.67    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| DAIWA HOUSE INDUSTRY CO.,LTD.                          | DAIWA HOUSE INDUSTRY CO LTD                      | CUSIP: N/A<br>LEI: 353800K9WXR9XRZJZI46       | Long             | EC               | CORP              | JP        |     70400 | NS      | $2336478.10   | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| Mitsubishi Chemical Group Corporation                  | MITSUBISHI CHEMICAL GROUP CORP                   | CUSIP: N/A<br>LEI: 353800YNKX4RQUGAR072       | Long             | EC               | CORP              | JP        |    282500 | NS      | $1650592.20   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| STMicroelectronics N.V.                                | STMICROELECTRONICS N V                           | CUSIP: N/A<br>LEI: 213800Z8NOHIKRI42W10       | Long             | EC               | CORP              | NL        |     44170 | NS      | $1164731.43   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| ROLLS-ROYCE HOLDINGS PLC                               | ROLLS ROYCE HOLDINGS PLC                         | CUSIP: N/A<br>LEI: 213800EC7997ZBLZJH69       | Long             | EC               | CORP              | GB        |    105063 | NS      | $1628334.91   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| AISIN CORPORATION                                      | AISIN SEIKI CO LTD                               | CUSIP: N/A<br>LEI: 3538004IOK08PDY6I723       | Long             | EC               | CORP              | JP        |     72000 | NS      | $1345115.57   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| KOREAN WON                                             | KOREAN WON                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | KR        | 992969850 | NS      | $689417.47    | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| HONG KONG DOLLAR                                       | HONG KONG DOLLAR                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | HK        |    306844 | NS      | $39427.44     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| SUN HUNG KAI PROPERTIES LIMITED                        | SUN HUNG KAI PROPERTIES LTD                      | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |     92043 | NS      | $1120009.26   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| SBI Holdings, Inc.                                     | SBI HOLDINGS INC JAPAN                           | CUSIP: N/A<br>LEI: 353800L6LMHYIPSMRQ17       | Long             | EC               | CORP              | JP        |     49300 | NS      | $1062364.32   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| SUZUKI MOTOR CORPORATION                               | SUZUKI MOTOR CO                                  | CUSIP: N/A<br>LEI: 353800D83H0V3ZV1SV24       | Long             | EC               | CORP              | JP        |     91300 | NS      | $1360872.49   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| POSTE ITALIANE - SOCIETA PER AZIONI                    | POSTE ITALIANE SPA                               | CUSIP: N/A<br>LEI: 815600354DEDBD0BA991       | Long             | EC               |  | IT        |    106091 | NS      | $2677863.05   | 0.93%             |  |  |  | Yes           | 1                  | On Loan: No      |
| BT GROUP PLC                                           | BT GROUP PLC                                     | CUSIP: N/A<br>LEI: 213800LRO7NS5CYQMN21       | Long             | EC               | CORP              | GB        |    758548 | NS      | $1881546.62   | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Woori Financial Group Inc.                             | WOORI FINANCIAL GROUP INC                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     55746 | NS      | $1083722.19   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| SoftBank Group Corp.                                   | SOFTBANK GROUP CORP                              | CUSIP: N/A<br>LEI: 5493003BZYYYCDIO0R13       | Long             | EC               | CORP              | JP        |     26800 | NS      | $752905.12    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Kawasaki Kisen Kaisha, Ltd.                            | KAWASAKI KISEN KAISHA LTD                        | CUSIP: N/A<br>LEI: 353800FL04R73DS5P870       | Long             | EC               | CORP              | JP        |    110500 | NS      | $1538759.42   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Banco Santander, S.A.                                  | BANCO SANTANDER SA                               | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |    138755 | NS      | $1641926.29   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| SK Inc.                                                | SK INC                                           | CUSIP: N/A<br>LEI: 988400GMME8AOAFMDK34       | Long             | EC               | CORP              | KR        |      3265 | NS      | $581455.90    | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| POWER CORPORATION DU CANADA                            | POWER CORP OF CANADA                             | CUSIP: 739239101<br>LEI: 549300BE2CB8T87IJV50 | Long             | EC               | CORP              | CA        |     52648 | NS      | $2798507.43   | 0.97%             |  |  |  | No            | 1                  | On Loan: —       |
| YARA INTERNATIONAL ASA                                 | YARA INTERNATIONAL ASA                           | CUSIP: N/A<br>LEI: 213800WKOUWXWFJ5Z514       | Long             | EC               | CORP              | NO        |     57786 | NS      | $2374554.98   | 0.82%             |  |  |  | No            | 1                  | On Loan: —       |
| SOCIETE GENERALE SA                                    | SOCIETE GENERALE                                 | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |     19597 | NS      | $1582516.65   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Link Real Estate Investment Trust                      | LINK REIT                                        | CUSIP: N/A<br>LEI: 529900XUE70U36QX5M62       | Long             |  | RF                | HK        |    260038 | NS      | $1160773.55   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Investor Aktiebolag                                    | INVESTOR AB                                      | CUSIP: N/A<br>LEI: 549300VEBQPHRZBKUX38       | Long             | EC               | CORP              | SE        |     63428 | NS      | $2276927.30   | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                  | INVESCO GVT & AGNCY-INST                         | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3097966 | NS      | $3097966.06   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| BRITISH AMERICAN TOBACCO P.L.C.                        | BRITISH AMERICAN TOBACCO PLC                     | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |     38259 | NS      | $2172822.45   | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| QANTAS AIRWAYS LIMITED                                 | QANTAS AIRWAYS LIMITED                           | CUSIP: N/A<br>LEI: YLXNW6TI6QSK1H8H0N82       | Long             | EC               | CORP              | AU        |    155516 | NS      | $1077032.35   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| EUROFINS SCIENTIFIC SE                                 | EUROFINS SCIENTIFIC SE                           | CUSIP: N/A<br>LEI: 529900JEHFM47DYY3S57       | Long             | EC               | CORP              | LU        |     24382 | NS      | $1787843.34   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Piraeus Bank SA                                        | PIRAEUS BANK SA                                  | CUSIP: N/A<br>LEI: 213800OYHR1MPQ5VJL60       | Long             | EC               | CORP              | GR        |    154723 | NS      | $1235253.13   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Magna International Inc.                               | MAGNA INTERNATIONAL INC                          | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |     28882 | NS      | $1539854.23   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Endesa, Sociedad Anonima                               | ENDESA SA                                        | CUSIP: N/A<br>LEI: 549300LHK07F2CHV4X31       | Long             | EC               | CORP              | ES        |     62496 | NS      | $2249441.80   | 0.78%             |  |  |  | No            | 1                  | On Loan: —       |
| ArcelorMittal SA                                       | ARCELORMITTAL                                    | CUSIP: N/A<br>LEI: 2EULGUTUI56JI9SAL165       | Long             | EC               | CORP              | LU        |     31892 | NS      | $1464950.56   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| EIFFAGE SA                                             | EIFFAGE SA                                       | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |     14166 | NS      | $2037530.88   | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| LA BANQUE TORONTO-DOMINION                             | TORONTO DOMINION BANK                            | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |     35922 | NS      | $3385944.27   | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| GSK PLC                                                | GSK PLC                                          | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |     73082 | NS      | $1797009.56   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| RWE Aktiengesellschaft                                 | RWE AG                                           | CUSIP: N/A<br>LEI: 529900GB7KCA94ACC940       | Long             | EC               | CORP              | DE        |     39420 | NS      | $2096557.19   | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| VERBUND AG                                             | VERBUND AG                                       | CUSIP: N/A<br>LEI: 5299006UDSEJCTTEJS30       | Long             | EC               | CORP              | AT        |     28301 | NS      | $2061906.72   | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| ITALGAS S.P.A.                                         | ITALGAS SPA                                      | CUSIP: N/A<br>LEI: 815600F25FF44EF1FA76       | Long             | EC               | CORP              | IT        |    214138 | NS      | $2394297.31   | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| NEC Corporation                                        | NEC CORP                                         | CUSIP: N/A<br>LEI: 5493000QYMPFRTEY4K28       | Long             | EC               | CORP              | JP        |     29200 | NS      | $989988.51    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Mitsui O.S.K. Lines, Ltd.                              | MITSUI OSK LINES LTD                             | CUSIP: N/A<br>LEI: 353800P8O843TMAZ6S09       | Long             | EC               | CORP              | JP        |     54500 | NS      | $1638966.93   | 0.57%             |  |  |  | No            | 1                  | On Loan: —       |
| CaixaBank, S.A.                                        | CAIXABANK SA                                     | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |    143910 | NS      | $1766342.67   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| FUJIFILM Holdings Corporation                          | FUJIFILM HOLDINGS CORPORATION                    | CUSIP: N/A<br>LEI: 529900UBKMFM0ST6H474       | Long             | EC               | CORP              | JP        |     71800 | NS      | $1533004.72   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| FAIRFAX FINANCIAL HOLDINGS LIMITED                     | FAIRFAX FINANCIAL HOLDINGS LTD                   | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |      1256 | NS      | $2394023.49   | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| International Consolidated Airlines Group, S.A.        | INTERNATIONAL CONSOLIDATED AIRLINES GROUP SA     | CUSIP: N/A<br>LEI: 959800TZHQRUSH1ESL13       | Long             | EC               | CORP              | ES        |    250066 | NS      | $1396258.01   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| TELECOM ITALIA SPA                                     | TELECOM ITALIA SPA MILANO                        | CUSIP: N/A<br>LEI: 549300W384M3RI3VXU42       | Long             | EC               | CORP              | IT        |   2487695 | NS      | $1501989.08   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| BANQUE CANADIENNE IMPERIALE DE COMMERCE                | CANADIAN IMPERIAL BANK OF COMM                   | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |     37427 | NS      | $3393355.88   | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| HOCHTIEF Aktiengesellschaft                            | HOCHTIEF AG                                      | CUSIP: N/A<br>LEI: 529900Y25S8NZIYTT924       | Long             | EC               | CORP              | DE        |      3596 | NS      | $1424049.64   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| KYOCERA CORPORATION                                    | KYOCERA CORP                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    125900 | NS      | $1765670.73   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| NATWEST GROUP PLC                                      | NATWEST GROUP PLC                                | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |    198274 | NS      | $1741711.50   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Guotai Junan International Holdings Limited            | GUOTAI JUNAN INTERNATIONAL HOLDINGS LTD          | CUSIP: N/A<br>LEI: 2138006FECWIZUO67V37       | Long             | EC               | CORP              | HK        |    995636 | NS      | $326228.31    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| OMV Aktiengesellschaft                                 | OMV AG                                           | CUSIP: N/A<br>LEI: 549300V62YJ9HTLRI486       | Long             | EC               | CORP              | AT        |     35222 | NS      | $1966826.21   | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| IMPERIAL BRANDS PLC                                    | IMPERIAL BRANDS PLC                              | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |     53012 | NS      | $2228361.56   | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| FRESNILLO PLC                                          | FRESNILLO PLC                                    | CUSIP: N/A<br>LEI: 549300JXWH1UV5J0XV81       | Long             | EC               | CORP              | GB        |     27201 | NS      | $1222212.05   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Galderma Group Ltd                                     | GALDERMA GROUP AG                                | CUSIP: N/A<br>LEI: 89450001OK6O8ELQ4584       | Long             | EC               | CORP              | CH        |      6601 | NS      | $1351208.61   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Acciona, S.A.                                          | ACCIONA SA                                       | CUSIP: N/A<br>LEI: 54930002KP75TLLLNO21       | Long             | EC               | CORP              | ES        |      7971 | NS      | $1741276.51   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| LY Corporation                                         | LY CORP                                          | CUSIP: N/A<br>LEI: 52990078MD2OL792YM35       | Long             | EC               | CORP              | JP        |    548400 | NS      | $1460812.67   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| BNP PARIBAS SA                                         | BNP PARIBAS                                      | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |     18363 | NS      | $1743318.69   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| PHOENIX FINANCIAL LTD                                  | PHOENIX FINANCIAL LTD                            | CUSIP: N/A<br>LEI: 254900IUA68QTCFYHE30       | Long             | EC               | CORP              | IL        |     26554 | NS      | $1100640.67   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| BANK HAPOALIM B.M.                                     | BANK HAPOALIM BM                                 | CUSIP: N/A<br>LEI: B6ARUI4946ST4S7WOU88       | Long             | EC               | CORP              | IL        |     74143 | NS      | $1679980.86   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| KINROSS GOLD CORPORATION                               | KINROSS GOLD CORP                                | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |     36030 | NS      | $1014951.76   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Chubu Electric Power Company, Incorporated             | CHUBU ELECTRIC POWER CO INC                      | CUSIP: N/A<br>LEI: 529900A76GOP0PGNHT63       | Long             | EC               | CORP              | JP        |    125100 | NS      | $1926581.53   | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| SAMSUNG HEAVY INDUSTRIES CO.,LTD                       | SAMSUNG HEAVY INDUSTRIES CO LTD                  | CUSIP: N/A<br>LEI: 988400OSK0T9LDTWNC20       | Long             | EC               | CORP              | KR        |     38225 | NS      | $639603.40    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| POSCO Holdings Inc.                                    | POSCO HOLDINGS INC                               | CUSIP: N/A<br>LEI: 988400E5HRVX81AYLM04       | Long             | EC               | CORP              | KR        |      3826 | NS      | $810197.75    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| HD HYUNDAI CO.,LTD.                                    | HD HYUNDAI CO LTD                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      4166 | NS      | $545226.36    | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| China Taiping Insurance Holdings Company Limited       | CHINA TAIPING INSURANCE HOLDINGS CO LTD          | CUSIP: N/A<br>LEI: 529900C2G37NOIADYW07       | Long             | EC               | CORP              | HK        |    276818 | NS      | $664790.03    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| NORWEGIAN KRONE                                        | NORWEGIAN KRONE                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | NO        |   -111158 | NS      | $-11033.19    | -0.00%            |  |  |  | No            | N/A                | On Loan: No      |
| RYOHIN KEIKAKU CO., LTD.                               | RYOHIN KEIKAKU CO                                | CUSIP: N/A<br>LEI: 549300PMNF56J66BY371       | Long             | EC               | CORP              | JP        |     53000 | NS      | $941425.11    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| SAMSUNG SDS CO.,LTD.                                   | SAMSUNG SDS CO LTD                               | CUSIP: N/A<br>LEI: 988400G19T2TB4CAWX91       | Long             | EC               | CORP              | KR        |      5605 | NS      | $667399.64    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| China Merchants Port Holdings Company Limited          | CHINA MERCHANTS PORT HOLDINGS CO LTD             | CUSIP: N/A<br>LEI: 529900GA4UH90FUOR048       | Long             | EC               | CORP              | HK        |    519590 | NS      | $1010805.35   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| EURO                                                   | EURO                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | XX        |    316158 | NS      | $371518.34    | 0.13%             |  |  |  | No            | N/A                | On Loan: No      |
| HYUNDAI GLOVIS Co., LTD.                               | HYUNDAI GLOVIS CO LTD                            | CUSIP: N/A<br>LEI: 988400U6RDXNJ5ZRN304       | Long             | EC               | CORP              | KR        |      6400 | NS      | $802497.97    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Continental Aktiengesellschaft                         | CONTINENTAL AG                                   | CUSIP: N/A<br>LEI: 529900A7YD9C0LLXM621       | Long             | EC               | CORP              | DE        |     22137 | NS      | $1767859.22   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| ICL GROUP LTD                                          | ICL GROUP LTD                                    | CUSIP: N/A<br>LEI: 529900FQVQD88SHIGM04       | Long             | EC               | CORP              | IL        |    257576 | NS      | $1482370.21   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| INPEX CORPORATION                                      | INPEX CORP                                       | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |     69000 | NS      | $1377620.99   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| SMITHS GROUP PLC                                       | SMITHS GROUP PLC                                 | CUSIP: N/A<br>LEI: 213800MJL6IPZS3ASA11       | Long             | EC               | CORP              | GB        |     73149 | NS      | $2318685.28   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| SEIBU HOLDINGS INC.                                    | SEIBU HOLDINGS INC                               | CUSIP: N/A<br>LEI: 353800JY9TYV9WTCN620       | Long             | EC               | CORP              | JP        |     39500 | NS      | $1085480.78   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| CHINA OVERSEAS LAND & INVESTMENT LTD.                  | CHINA OVERSEAS LAND INVESTMENT LTD               | CUSIP: N/A<br>LEI: 529900I6W35GYKRIZ151       | Long             | EC               | CORP              | HK        |    628126 | NS      | $988698.17    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| LLOYDS BANKING GROUP PLC                               | LLOYDS BANKING GROUP PLC                         | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |   1385405 | NS      | $1834261.28   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| MERCK Kommanditgesellschaft auf Aktien                 | MERCK KGAA                                       | CUSIP: N/A<br>LEI: 529900OAREIS0MOPTW25       | Long             | EC               | CORP              | DE        |     11956 | NS      | $1722471.00   | 0.60%             |  |  |  | No            | 1                  | On Loan: —       |
| MSILF Government Portfolio                             | MSILF GOVERNMENT-INST                            | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3097966 | NS      | $3097966.06   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Samsung Life Insurance Co., Ltd.                       | SAMSUNG LIFE INSURANCE CO LT                     | CUSIP: N/A<br>LEI: 988400VYE6E0WYSM4S92       | Long             | EC               | CORP              | KR        |      6980 | NS      | $763761.67    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Marubeni Corporation                                   | MARUBENI CORP                                    | CUSIP: N/A<br>LEI: 4P4N3ORD02UGQT1T1W12       | Long             | EC               | CORP              | JP        |     55100 | NS      | $1531415.53   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| NN Group N.V.                                          | NN GROUP NV                                      | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |     32866 | NS      | $2538937.99   | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| NAVER Corporation                                      | NAVER CORP                                       | CUSIP: N/A<br>LEI: 988400ULUQYDB2HQYJ61       | Long             | EC               | CORP              | KR        |      3858 | NS      | $649561.37    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| JAPAN POST HOLDINGS Co.,Ltd.                           | JAPAN POST HOLDINGS CO LTD                       | CUSIP: N/A<br>LEI: 5299003D9N4JBS256X18       | Long             | EC               | CORP              | JP        |    153800 | NS      | $1620782.15   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer