# EDGAR Filing Document

**Accession Number:** 0001156906
**File Stem:** 0001398344-26-010277
**Filing Date:** 2026-6
**Character Count:** 108357
**Document Hash:** d527ddb7cd6f023fad7444b019ae6eb1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-010277.hdr.sgml**: 20260603

**ACCESSION NUMBER**: 0001398344-26-010277

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260603

**DATE AS OF CHANGE**: 20260603

**EFFECTIVENESS DATE**: 20260603

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CAUSEWAY CAPITAL MANAGEMENT TRUST
- **CENTRAL INDEX KEY:** 0001156906

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10467
- **FILM NUMBER:** 261061607

**BUSINESS ADDRESS:**
- **STREET 1:** 11111 SANTA MONICA BLVD
- **STREET 2:** SUITE 1500
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025
- **BUSINESS PHONE:** 310 231 6100

**MAIL ADDRESS:**
- **STREET 1:** 11111 SANTA MONICA BLVD
- **STREET 2:** SUITE 1500
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025

## Series and Classes Contracts Data

### Causeway Emerging Markets Fund (Series ID: S000015654)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000042684 | Investor Class      | CEMVX           |
| C000042685 | Institutional Class | CEMIX           |

?xml version='1.0' encoding='ASCII'? Consolidated ssr-output-EDGAR XBRL File

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

_______________

**FORM N-CSRS**

_______________

**CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT** 

**INVESTMENT COMPANIES**

**Investment Company Act File Number 811-10467**

 **Causeway Capital Management Trust** 

(Exact name of registrant as specified in charter)

_______________

11111 Santa Monica Boulevard, 15th Floor

c/o Causeway Capital Management LLC

Los Angeles, CA 90025

(Address of principal executive offices) (Zip code)

The Corporation Trust Company

Corporation Trust Center

1209 Orange Street

Wilmington DE, 19801

(Name and address of agent for service)

**Registrant's telephone number, including area code: 1-866-947-7000**

**Date of fiscal year end: September 30, 2026**

**Date of reporting period: March 31, 2026**

**Item 1.** **Reports to Stockholders.**

(a) A copy of the report transmitted to stockholders pursuant to Rule 30e-1 under the Investment Company Act of 1940, as amended (the "Act") (17 CFR § 270.30e-1) is attached hereto.

**# Causeway Capital Management Trust
![Image](iaf28c4255615f0fb72c5340a.jpg)

## Causeway Emerging Markets Fund

## Institutional Class - CEMIX

## Semi-Annual Shareholder Report: March 31, 2026
This semi-annual shareholder report contains important information about Institutional Class of the Causeway Emerging Markets Fund (the "Fund") for the period from October 1, 2025 to March 31, 2026. You can find additional information about the Fund at https://www.causewaycap.com/documents/#documents-emerging-markets-fund. You can also request this information by contacting us at 1-866-947-7000.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| <u>Fund Name</u> | <u>Costs of a $10,000 investment</u> | <u>Costs paid as a percentage of a $10,000 investment</u> |
| Causeway Emerging Markets Fund, Institutional Class | $56 | 1.07% |

---

## Key Fund Statistics as of March 31, 2026

---

| | | | |
|:---|:---|:---|:---|
| <u>Total Net Assets (000's)</u> | <u>Number of Holdings</u> | <u>Total Advisory Fees Paid (000's)</u> | <u>Portfolio Turnover Rate</u> |
| $3295225 | 180 | $15408 | 38% |

---

## What did the Fund invest in?

### Country/Asset Weightings<sup>Footnote Reference \*</sup>
![Holding Chart](i5d9d6647c473f23a58cc3e7d.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Other Countries | 4.1% |
| Peru | 1.0% |
| Indonesia | 1.0% |
| Poland | 1.3% |
| Mexico | 1.4% |
| Turkey | 1.8% |
| South Africa | 2.7% |
| Brazil | 3.3% |
| Short-Term Investment | 3.6% |
| India | 10.9% |
| South Korea | 19.0% |
| China | 24.2% |
| Taiwan | 24.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| <u>Holding Name</u> | <u>Percentage of Total Net Assets<sup>Footnote Reference(A)</sup></u> |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 11.0% |
| Samsung Electronics Co. Ltd. | 5.9% |
| Tencent Holdings Ltd. | 4.7% |
| SK Hynix Inc. | 4.5% |
| China Construction Bank Corp., Class H | 2.4% |
| Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 1.8% |
| Delta Electronics Inc. | 1.6% |
| Alibaba Group Holding Ltd. ADR | 1.5% |
| Citigroup Global Markets Holdings Inc. (Underlying Reference is a Basket Consisting of China A Shares and Hong Kong listed Shares) | 1.3% |
| Citigroup Global Markets Holdings Inc. (Underlying Reference is the MSCI China A Inclusion Net Return USD Index) | 1.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>(A)</sup> | &nbsp;&nbsp;Short-Term Investments are not shown in the top ten chart. |

---

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-866-947-7000 

* https://www.causewaycap.com/documents/#documents-emerging-markets-fund 

## Householding
Rule 30e-1 of the Investment Company Act of 1940, as amended, permits funds to transmit only one copy of a proxy statement, annual report or semi-annual report to shareholders (who need not be related) with the same residential, commercial or electronic address, provided that the shareholders have consented in writing and the reports are addressed either to each shareholder individually or to the shareholders as a group. This process is known as "householding" and is designed to reduce the duplicate copies of materials that shareholders receive and to lower printing and mailing costs for funds. Once implemented, if you would like to discontinue householding for your accounts, please call toll-free at 1-866-947-7000 to request individual copies of these documents. Once the Fund receives notice to stop householding, we will begin sending individual copies 30 days after receiving your request.

![Image](iaf28c4255615f0fb72c5340a.jpg)

#### CEMIX-SAR-2026

# Causeway Capital Management Trust
![Image](iaf28c4255615f0fb72c5340a.jpg)

## Causeway Emerging Markets Fund

## Investor Class - CEMVX

## Semi-Annual Shareholder Report: March 31, 2026
This semi-annual shareholder report contains important information about Investor Class of the Causeway Emerging Markets Fund (the "Fund") for the period from October 1, 2025 to March 31, 2026. You can find additional information about the Fund at https://www.causewaycap.com/documents/#documents-emerging-markets-fund. You can also request this information by contacting us at 1-866-947-7000.

## What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| <u>Fund Name</u> | <u>Costs of a $10,000 investment</u> | <u>Costs paid as a percentage of a $10,000 investment</u> |
| Causeway Emerging Markets Fund, Investor Class | $69 | 1.32% |

---

## Key Fund Statistics as of March 31, 2026

---

| | | | |
|:---|:---|:---|:---|
| <u>Total Net Assets (000's)</u> | <u>Number of Holdings</u> | <u>Total Advisory Fees Paid (000's)</u> | <u>Portfolio Turnover Rate</u> |
| $3295225 | 180 | $15408 | 38% |

---

## What did the Fund invest in?

### Country/Asset Weightings<sup>Footnote Reference \*</sup>
![Holding Chart](i5d9d6647c473f23a58cc3e7d.jpg)

---

| | |
|:---|:---|
| Value | Value.1 |
| Futures Contracts | 0.0% |
| Other Countries | 4.1% |
| Peru | 1.0% |
| Indonesia | 1.0% |
| Poland | 1.3% |
| Mexico | 1.4% |
| Turkey | 1.8% |
| South Africa | 2.7% |
| Brazil | 3.3% |
| Short-Term Investment | 3.6% |
| India | 10.9% |
| South Korea | 19.0% |
| China | 24.2% |
| Taiwan | 24.9% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>\*</sup> | &nbsp;&nbsp;Percentages are calculated based on total net assets. |

---

### Top Ten Holdings

---

| | |
|:---|:---|
| <u>Holding Name</u> | <u>Percentage of Total Net Assets<sup>Footnote Reference(A)</sup></u> |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 11.0% |
| Samsung Electronics Co. Ltd. | 5.9% |
| Tencent Holdings Ltd. | 4.7% |
| SK Hynix Inc. | 4.5% |
| China Construction Bank Corp., Class H | 2.4% |
| Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 1.8% |
| Delta Electronics Inc. | 1.6% |
| Alibaba Group Holding Ltd. ADR | 1.5% |
| Citigroup Global Markets Holdings Inc. (Underlying Reference is a Basket Consisting of China A Shares and Hong Kong listed Shares) | 1.3% |
| Citigroup Global Markets Holdings Inc. (Underlying Reference is the MSCI China A Inclusion Net Return USD Index) | 1.3% |

---

---

| | |
|:---|:---|
| Footnote | Description |
| &nbsp;&nbsp;Footnote<sup>(A)</sup> | &nbsp;&nbsp;Short-Term Investments are not shown in the top ten chart. |

---

## Changes in and Disagreements with Accountants
There were no changes in or disagreements with accountants during the reporting period.

## Additional Information
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

* 1-866-947-7000 

* https://www.causewaycap.com/documents/#documents-emerging-markets-fund 

## Householding
Rule 30e-1 of the Investment Company Act of 1940, as amended, permits funds to transmit only one copy of a proxy statement, annual report or semi-annual report to shareholders (who need not be related) with the same residential, commercial or electronic address, provided that the shareholders have consented in writing and the reports are addressed either to each shareholder individually or to the shareholders as a group. This process is known as "householding" and is designed to reduce the duplicate copies of materials that shareholders receive and to lower printing and mailing costs for funds. Once implemented, if you would like to discontinue householding for your accounts, please call toll-free at 1-866-947-7000 to request individual copies of these documents. Once the Fund receives notice to stop householding, we will begin sending individual copies 30 days after receiving your request.

![Image](iaf28c4255615f0fb72c5340a.jpg)

#### CEMVX-SAR-2026**

(b) Not applicable

**Item 2.** **Code of Ethics.**

Not applicable for semi-annual report.

**Item 3.** **Audit Committee Financial Expert.**

Not applicable for semi-annual report.

**Item 4.** **Principal Accountant Fees and Services.**

Not applicable for semi-annual report.

**Item 5. Audit Committee of Listed Registrants.**

Not applicable to open-end management investment companies.

**Item 6. Schedules of Investments.**

(a) The Schedules of Investments are included as part of the Financial
 Statements and Other Information filed under Item 7 of this form.

(b) Not applicable

**Item 7. Financial Statements and Financial Highlights for Open-End Investment Companies.**

Financial statements and financial highlights are filed herein.

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| Financial Statements (Form N-CSRS Item 7) |  |
| &nbsp;&nbsp;&nbsp;Schedule of Investments | 2 |
| &nbsp;&nbsp;&nbsp;Statement of Assets and Liabilities | 15 |
| &nbsp;&nbsp;&nbsp;Statement of Operations | 16 |
| &nbsp;&nbsp;&nbsp;Statements of Changes in Net Assets | 17 |
| &nbsp;&nbsp;&nbsp;Financial Highlights | 18 |
| &nbsp;&nbsp;&nbsp;Notes to Financial Statements | 20 |
| Other Information (Form N-CSRS Items 8-11) (Unaudited) | 29 |

---

SCHEDULE OF INVESTMENTS

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Number of Shares** | **Value (000)** |
| COMMON STOCK |  |  |
| **Brazil — 3.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary — 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cogna Educacao S.A. | 14685000 | $9016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Construtora Tenda S | 101900 | 613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cyrela Brazil Realty S.A. Empreendimentos e Participacoes | 1784000 | 9437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vibra Energia S.A. | 2363800 | 14384 |
|  |  | **33450** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Staples — 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JBS NV <sup>1</sup> | 1074038 | 19221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy — 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Petroleo Brasileiro SA, Class A ADR | 810500 | 15197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pagseguro Digital Ltd., Class A | 1518078 | 15211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Care — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fleury SA | 2090500 | 6445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Movida Participacoes S.A. | 3165000 | 7943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gerdau S.A. ADR | 1852810 | 6689 |
|  |  | **104156** |
| **Chile — 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials — 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Latam Airlines Group S.A. | 537860851 | 13245 |
| **China — 21.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services — 5.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G-bits Network Technology Xiamen Co. Ltd., Class A | 175830 | 9332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Giant Network Group Co. Ltd., Class A | 1621100 | 7472 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JOYY Inc. ADR | 158345 | 9246 |

---

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **2** | **Causeway** Emerging Markets Fund |

---

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Number of Shares** | **Value (000)** |
| **China — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tencent Holdings Ltd. | 2459789 | $155145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weibo Corp. ADR | 723866 | 6334 |
|  |  | **187529** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary — 2.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding Ltd. ADR | 395263 | 49589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Geely Automobile Holdings Ltd. | 5227000 | 14156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Li Ning Co. Ltd. | 1199500 | 3314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PDD Holdings Inc. ADR <sup>1</sup> | 114369 | 11686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TAL Education Group ADR <sup>1</sup> | 1506992 | 17134 |
|  |  | **95879** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy — 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PetroChina Co. Ltd., Class H | 15112000 | 20732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 5.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Construction Bank Corp., Class H | 73971000 | 79831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Galaxy Securities Co. Ltd., Class H | 6763500 | 6895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China International Capital Corp. Ltd., Class H | 2922400 | 6488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Life Insurance Co. Ltd., Class H | 8249000 | 26316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Pacific Insurance Group Co. Ltd., Class H | 4880400 | 19988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New China Life Insurance Co. Ltd., Class H | 2669700 | 15894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;People's Insurance Company Group of China Ltd., Class H | 20282000 | 14125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ping An Insurance Group Co. of China Ltd., Class H | 3175500 | 24417 |
|  |  | **193954** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Care — 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Resources Pharmaceutical Group Ltd. | 7727500 | 5729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jointown Pharmaceutical Group Co. Ltd., Class A | 13399408 | 10283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WuXi AppTec Co. Ltd., Class H | 1483800 | 22725 |
|  |  | **38737** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials — 2.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Railway Group Ltd., Class H | 3765284 | 1955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CITIC Ltd. | 9000000 | 13706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Contemporary Amperex Technology Co. Ltd., Class A | 194855 | 11529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;COSCO SHIPPING Holdings Co. Ltd., Class H | 9918900 | 18888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harbin Electric Co. Ltd., Class H | 3594000 | 9706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JD Logistics Inc. <sup>1</sup> | 2702900 | 4771 |

---

*The accompanying notes are an integral part of the financial statements.*

**Causeway** Emerging Markets Fund<sub>3</sub>

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Number of Shares** | **Value (000)** |
| **China — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Yutong Bus Co. Ltd., Class A | 2956600 | $15348 |
|  |  | **75903** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology — 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lenovo Group Ltd. | 9736000 | 11710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zhongji Innolight Co. Ltd., Class A | 110000 | 9424 |
|  |  | **21134** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials — 2.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asia - Potash International Investment Guangzhou Co. Ltd., Class A <sup>1</sup> | 2216005 | 19749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Hongqiao Group Ltd. | 6931000 | 31309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;China Lumena New Materials Corp. <sup>1,2</sup> | 264100 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tianqi Lithium Corp., Class A <sup>1</sup> | 908974 | 7420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zijin Mining Group Co. Ltd., Class H | 4540000 | 20423 |
|  |  | **78901** |
|  |  | **712769** |
| **Colombia — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Cibest S.A. ADR | 63707 | 4639 |
| **India — 10.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bajaj Auto Ltd. | 113533 | 10607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eicher Motors Ltd. | 177065 | 12398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mahindra & Mahindra Ltd. | 565854 | 17749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maruti Suzuki India Ltd. | 39772 | 5216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TVS Motor Co. Ltd. | 283284 | 10181 |
|  |  | **56151** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Staples — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Radico Khaitan Ltd. | 169599 | 4746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy — 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bharat Petroleum Corp. Ltd. | 3729011 | 11181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indian Oil Corp. Ltd. | 2241179 | 3199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oil & Natural Gas Corp. Ltd. | 1319136 | 3974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reliance Industries Ltd. | 777969 | 11188 |
|  |  | **29542** |

---

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **4** | **Causeway** Emerging Markets Fund |

---

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Number of Shares** | **Value (000)** |
| **India — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 2.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of India | 6913543 | $10114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BSE Ltd. | 359714 | 10356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IIFL Finance Ltd. | 1008055 | 4642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Karur Vysya Bank Ltd. | 2119922 | 6528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LIC Housing Finance Ltd. | 1221198 | 6429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Muthoot Finance Ltd. | 361826 | 12151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;REC Ltd. | 4528493 | 14748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South Indian Bank Ltd. | 21620580 | 7889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Union Bank of India Ltd. | 7839888 | 13746 |
|  |  | **86603** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Health Care — 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lupin Ltd. | 738057 | 18266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Narayana Hrudayalaya Ltd. | 283162 | 4839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Natco Pharma Ltd. | 689904 | 7166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sun Pharmaceutical Industries Ltd. | 615249 | 11507 |
|  |  | **41778** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials — 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gujarat Pipavav Port Ltd. | 4040077 | 6065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Polycab India Ltd. | 163613 | 11972 |
|  |  | **18037** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology — 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Infosys Ltd. ADR | 1042951 | 14090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Persistent Systems Ltd. | 248677 | 13055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tech Mahindra Ltd. | 848429 | 12603 |
|  |  | **39748** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials — 2.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APL Apollo Tubes Ltd. | 295268 | 6097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chambal Fertilisers and Chemicals Ltd. | 1277732 | 5788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hindalco Industries Ltd. | 1513913 | 14316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Aluminium Co. Ltd. | 5484247 | 22640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navin Fluorine International Ltd. | 98426 | 6439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vedanta Ltd. | 3781507 | 26532 |
|  |  | **81812** |
|  |  | **358417** |

---

*The accompanying notes are an integral part of the financial statements.*

**Causeway** Emerging Markets Fund<sub>5</sub>

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Number of Shares** | **Value (000)** |
| **Indonesia — 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Staples — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indofood Sukses Makmur Tbk PT | 11154000 | $4162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adaro Andalan Indonesia PT | 1839400 | 1229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alamtri Resources Indonesia Tbk PT | 34856400 | 5327 |
|  |  | **6556** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Astra International Tbk PT | 32704900 | 12073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aneka Tambang Tbk PT | 44372900 | 9286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perusahaan Gas Negara Tbk PT | 24935400 | 2728 |
|  |  | **34805** |
| **Kuwait — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mobile Telecommunications Co. KSCP | 3966990 | 7306 |
| **Malaysia — 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Staples — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SD Guthrie BHD | 5644000 | 8433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sime Darby BHD | 8920000 | 5017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zetrix Ai BHD | 14876100 | 2751 |
|  |  | **7768** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Press Metal Aluminium Holdings BHD | 4580300 | 9108 |
|  |  | **25309** |
| **Mexico — 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vista Energy SAB de CV ADR <sup>1</sup> | 121136 | 9142 |

---

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **6** | **Causeway** Emerging Markets Fund |

---

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Number of Shares** | **Value (000)** |
| **Mexico — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gentera SAB de CV | 2162200 | $6133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials — 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Mexico SAB de CV, Class B | 1835300 | 19631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fibra Uno Administracion SA de CV <sup>3</sup> | 7139500 | 11664 |
|  |  | **46570** |
| **Peru — 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credicorp Ltd. | 95946 | 32543 |
| **Poland — 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LPP S.A. | 1787 | 10835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy — 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ORLEN SA | 384127 | 13919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Powszechny Zaklad Ubezpieczen SA | 1037461 | 18059 |
|  |  | **42813** |
| **Qatar — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ooredoo QPSC | 1570797 | 5358 |
| **Russia — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LUKOIL PJSC <sup>1,2</sup> | 172525 |  |

---

*The accompanying notes are an integral part of the financial statements.*

**Causeway** Emerging Markets Fund<sub>7</sub>

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Number of Shares** | **Value (000)** |
| **Russia — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sberbank of Russia PJSC ADR <sup>1,2</sup> | 790503 | $— |
|  |  | **—** |
| **Saudi Arabia — 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banque Saudi Fransi | 1391427 | 7422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Riyad Bank | 683687 | 5416 |
|  |  | **12838** |
| **South Africa — 2.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxaro Resources Ltd. | 547159 | 7331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials — 2.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anglogold Ashanti PLC | 350793 | 35013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gold Fields Ltd. ADR | 697836 | 31682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Impala Platinum Holdings Ltd. | 627863 | 8929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sasol Ltd. <sup>1</sup> | 399196 | 5266 |
|  |  | **80890** |
|  |  | **88221** |
| **South Korea — 19.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services — 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KT Corp. | 249686 | 9990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LG Uplus Corp. | 883770 | 9191 |
|  |  | **19181** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary — 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hankook Tire & Technology Co. Ltd. | 233365 | 8590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyundai Mobis Co. Ltd. | 54272 | 14003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kia Corp. | 235420 | 23243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Youngone Corp. | 90172 | 4805 |
|  |  | **50641** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Staples — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KT&G Corp. | 26335 | 2832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy — 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HD Hyundai Co. Ltd. | 76068 | 12757 |

---

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **8** | **Causeway** Emerging Markets Fund |

---

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Number of Shares** | **Value (000)** |
| **South Korea — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 3.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DB Insurance Co. Ltd. | 87709 | $9838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hana Financial Group Inc. | 297662 | 21699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KIWOOM Securities Co. Ltd. | 39012 | 11036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Korea Investment Holdings Co. Ltd. | 119257 | 16638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samsung Securities Co. Ltd. | 177243 | 11204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shinhan Financial Group Co. Ltd. | 265725 | 15838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Woori Financial Group Inc. | 921156 | 20193 |
|  |  | **106446** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials — 2.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GS Holdings Corp. | 138817 | 6000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hanwha Corp. | 191381 | 14255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | 36573 | 8476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyosung Heavy Industries Corp. | 8720 | 14724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyundai Glovis Co. Ltd. | 46237 | 6567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LX INTERNATIONAL CORP. | 209102 | 6085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samsung Engineering Co. Ltd. | 359985 | 8843 |
|  |  | **64950** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology — 10.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LG Innotek Co. Ltd. | 37917 | 7648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Samsung Electronics Co. Ltd. | 1659162 | 194058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SK Hynix Inc. | 263382 | 149434 |
|  |  | **351140** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Materials — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Han Kuk Carbon Co. Ltd. <sup>1</sup> | 214604 | 5689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Utilities — 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Korea Electric Power Corp. | 463010 | 13164 |
|  |  | **626800** |
| **Taiwan — 24.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pou Chen Corp. | 2675000 | 2402 |

---

*The accompanying notes are an integral part of the financial statements.*

**Causeway** Emerging Markets Fund<sub>9</sub>

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Number of Shares** | **Value (000)** |
| **Taiwan — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KGI Financial Holding Co Ltd. | 19760000 | $12138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials — 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eva Airways Corp. | 10344000 | 11145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evergreen Marine Corp. Taiwan Ltd. | 3357000 | 21176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wan Hai Lines Ltd. | 699000 | 1700 |
|  |  | **34021** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology — 23.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accton Technology Corp. | 775000 | 38236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asia Vital Components Co. Ltd. | 505019 | 33356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ASPEED Technology Inc. | 35000 | 12064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chroma ATE Inc. | 359000 | 17226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Electronics Inc. | 1157000 | 52170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elite Material Co. Ltd. | 241000 | 20569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Unichip Corp. | 110000 | 7792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gold Circuit Electronics Ltd. | 1194000 | 33668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hon Hai Precision Industry Co. Ltd. | 6101298 | 37296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;King Slide Works Co. Ltd. | 66000 | 6839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;King Yuan Electronics Co. Ltd. | 1210000 | 10351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MPI Corp. | 119000 | 14021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nanya Technology Corp. <sup>1</sup> | 1200000 | 7999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. | 6289000 | 363721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 173521 | 58641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taiwan Surface Mounting Technology Co. Ltd. | 1602000 | 4727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unimicron Technology Corp. | 249000 | 3643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wistron Corp. | 4885000 | 19426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wiwynn Corp. | 184000 | 19799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WT Microelectronics Co. Ltd. | 1419000 | 9835 |
|  |  | **771379** |
|  |  | **819940** |
| **Thailand — 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Com7, Class F | 9201100 | 6164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Energy — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PTT Exploration & Production PCL | 2462800 | 11866 |

---

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **10** | **Causeway** Emerging Markets Fund |

---

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Number of Shares** | **Value (000)** |
| **Thailand — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Financials — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kiatnakin Phatra Bank PCL | 2981800 | $6904 |
|  |  | **24934** |
| **Turkey — 1.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Staples — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anadolu Efes Biracilik Ve Malt Sanayii AS | 12013911 | 4553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Migros Ticaret AS | 563048 | 7655 |
|  |  | **12208** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Industrials — 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AG Anadolu Grubu Holding AS | 9871974 | 6110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enka Insaat ve Sanayi AS | 4012837 | 8473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Turk Hava Yollari AO | 2203013 | 14627 |
|  |  | **29210** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate — 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emlak Konut Gayrimenkul Yatirim Ortakligi AS <sup>3</sup> | 38434428 | 16607 |
|  |  | **58025** |
| **United Arab Emirates — 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Communication Services — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emirates Telecommunications Group Co. PJSC | 1162006 | 6001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Real Estate — 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Emaar Properties PJSC | 6471998 | 21179 |
|  |  | **27180** |
| **United States — 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Information Technology — 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corp., Class A | 275953 | 16930 |
| **Total Common Stock** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost $2,318,094) — 92.9%** |  | **3062798** |

---

*The accompanying notes are an integral part of the financial statements.*

**Causeway** Emerging Markets Fund<sub>11</sub>

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Causeway Emerging Markets Fund** | **Face Amount** | **Value (000)** |
| EQUITY-LINKED NOTES |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup Global Markets Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Underlying Reference is a Basket Consisting of China A Shares) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4/9/2026<sup>1,4,5</sup> | $46269373 | $**43900** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup Global Markets Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Underlying Reference is the MSCI China A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inclusion Net Return USD Index) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10/1/2026<sup>1,4,5</sup> | 42138000 | **43394** |
| **Total Equity-Linked Notes** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost $88,407) — 2.6%** |  | **87294** |

---

---

| | | |
|:---|:---|:---|
|  | **Number of Shares** |  |
| PREFERENCE STOCK |  |  |
| **Brazil — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Consumer Discretionary — 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cyrela Brazil Realty S.A. Empreendimentos e Participacoes <sup>1</sup> | 338268 | **1659** |
| **Total Preference Stock** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost $1,026) — 0.1%** |  | **1659** |
| SHORT-TERM INVESTMENT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invesco Short-Term Investment Trust: Government & Agency Portfolio, Institutional Class, 3.58% \* | 117800756 | 117801 |
| **Total Short-Term Investment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost $117,801) — 3.6%** |  | **117801** |
| **Total Investments — 99.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(Cost $2,525,328)** |  | **3269552** |
| **Other Assets in Excess of Liabilities — 0.8%** |  | **25673** |
| **Net Assets — 100.0%** |  | $**3295225** |

---

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **12** | **Causeway** Emerging Markets Fund |

---

SCHEDULE OF INVESTMENTS (continued)

**March 31, 2026 (Unaudited)**

A list of the open futures contracts held by the Fund at March 31, 2026, is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Contract** | **Number of Contracts** | **Expiration Date** | **Notional **Amount (000)** | **Value (000)** | **Unrealized Appreciation/ (Depreciation) (000)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;MSCI Emerging Markets Index | 1664 | 6/22/2026 | $121380 | $121023 | $(357) |

---

\* The rate reported is the 7-day effective yield as of March 31, 2026.

1 Non-income producing security.

2 Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

3 Real Estate Investment Trust.

---

| | |
|:---|:---|
| 4 | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On 3/31/2026, the value of these securities amounted to $87,294 (000) representing 2.6% of the Net Assets. |

---

5 Equity linked note or certificate issued by Citigroup Global Markets Holdings Inc. providing exposure to the price movements of the underlying reference(s) noted, plus an outperformance rate of return that is fixed at the time of issuance.

ADR American Depositary Receipt

PJSC Public Joint-Stock Company

The table below sets forth information about the Levels within the fair value hierarchy at which the Fund's investments are measured at March 31, 2026:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments in Securities** | **Level 1 <br> (000)** | **Level 2 <br> (000)** | **Level 3<br> (000)†** | | **Total<br> (000)** |
| Common Stock |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Brazil | $104156 | $— | $&nbsp;&nbsp;&nbsp;&nbsp;— |  | $104156 |
| &nbsp;&nbsp;&nbsp;Chile | 13245 |  |  |  | 13245 |
| &nbsp;&nbsp;&nbsp;China | 109337 | 603432 |  | ^ | 712769 |
| &nbsp;&nbsp;&nbsp;Colombia | 4639 |  |  |  | 4639 |
| &nbsp;&nbsp;&nbsp;India | 23354 | 335063 |  |  | 358417 |
| &nbsp;&nbsp;&nbsp;Indonesia |  | 34805 |  |  | 34805 |
| &nbsp;&nbsp;&nbsp;Kuwait | 7306 |  |  |  | 7306 |
| &nbsp;&nbsp;&nbsp;Malaysia | 8433 | 16876 |  |  | 25309 |
| &nbsp;&nbsp;&nbsp;Mexico | 46570 |  |  |  | 46570 |

---

*The accompanying notes are an integral part of the financial statements.*

**Causeway** Emerging Markets Fund<sub>13</sub>

SCHEDULE OF INVESTMENTS (concluded)

**March 31, 2026 (Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments in Securities** | **Level 1<br> (000)** | **Level 2<br> (000)** | **Level 3<br> (000)†** | | **Total<br> (000)** |
| &nbsp;&nbsp;&nbsp;Peru | $32543 | $— | $— |  | $32543 |
| &nbsp;&nbsp;&nbsp;Poland |  | 42813 |  |  | 42813 |
| &nbsp;&nbsp;&nbsp;Qatar |  | 5358 |  |  | 5358 |
| &nbsp;&nbsp;&nbsp;Russia |  |  |  | ^ |  |
| &nbsp;&nbsp;&nbsp;Saudi Arabia |  | 12838 |  |  | 12838 |
| &nbsp;&nbsp;&nbsp;South Africa | 31682 | 56539 |  |  | 88221 |
| &nbsp;&nbsp;&nbsp;South Korea |  | 626800 |  |  | 626800 |
| &nbsp;&nbsp;&nbsp;Taiwan | 58641 | 761299 |  |  | 819940 |
| &nbsp;&nbsp;&nbsp;Thailand |  | 24934 |  |  | 24934 |
| &nbsp;&nbsp;&nbsp;Turkey |  | 58025 |  |  | 58025 |
| &nbsp;&nbsp;&nbsp;United Arab Emirates |  | 27180 |  |  | 27180 |
| &nbsp;&nbsp;&nbsp;United States | 16930 |  |  |  | 16930 |
| Total Common Stock | 456836 | 2605962 |  |  | 3062798 |
| Equity-Linked Notes |  | 87294 |  |  | 87294 |
| Preference Stock |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Brazil |  | 1659 |  |  | 1659 |
| Total Preference Stock |  | 1659 |  |  | 1659 |
| Short-Term Investment | 117801 |  |  |  | 117801 |
| Total Investments in Securities | $574637 | $2694915 | $— |  | $3269552 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1<br> (000)** | **Level 2<br> (000)** | **Level 3<br> (000)** | **Total<br> (000)** |
| Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Unrealized Appreciation (Depreciation) | $(357) | $— | $— | $(357) |
| Total Other Financial Instruments | $(357) | $— | $— | $(357) |

---

&nbsp;&nbsp;&nbsp;&nbsp;† A reconciliation of Level 3 investments and disclosures of significant unobservable inputs are presented when
 the Fund has a significant amount of Level 3 investments at the end of the period in relation to net assets. Management has concluded
 that Level 3 investments are not material in relation to net assets.

^ Security is fair valued at zero. Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

\* Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

Amounts designated as "—" are $0 or are rounded to $0.

For more information on valuation inputs, see Note 2 in Notes to Financial Statements.

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **14** | **Causeway** Emerging Markets Fund |

---

STATEMENT OF ASSETS AND LIABILITIES (000)\*

(Unaudited)

---

| | |
|:---|:---|
|  | **CAUSEWAY EMERGING**<br>**MARKETS FUND**<br>3/31/26 |
| **ASSETS:** |  |
| &nbsp;&nbsp;Investments at Value (Cost $2,525,328) | $3269552 |
| &nbsp;&nbsp;Cash pledged as collateral for futures contracts | 36410 |
| &nbsp;&nbsp;Foreign Currency (Cost $1,601) | 1602 |
| &nbsp;&nbsp;Receivable for Investment Securities Sold | 26661 |
| &nbsp;&nbsp;Receivable for Fund Shares Sold | 12711 |
| &nbsp;&nbsp;Receivable for Dividends | 9568 |
| &nbsp;&nbsp;Variation Margin Receivable | 4717 |
| &nbsp;&nbsp;Receivable for Tax Reclaims | 896 |
| &nbsp;&nbsp;Unrealized Appreciation on Spot Foreign Currency Contracts | 15 |
| &nbsp;&nbsp;Prepaid Expenses | 81 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Assets** | **3362213** |
| **LIABILITIES:** |  |
| &nbsp;&nbsp;Payable for Investment Securities Purchased | 27911 |
| &nbsp;&nbsp;Payable to Custodian | 25526 |
| &nbsp;&nbsp;Payable for Fund Shares Redeemed | 9709 |
| &nbsp;&nbsp;Payable Due to Adviser | 2843 |
| &nbsp;&nbsp;Accrued Foreign Capital Gains Tax on Appreciated Securities | 631 |
| &nbsp;&nbsp;Payable for Shareholder Service Fees - Investor Class | 244 |
| &nbsp;&nbsp;Payable Due to Administrator | 52 |
| &nbsp;&nbsp;Payable for Trustees' Fees | 16 |
| &nbsp;&nbsp;Other Accrued Expenses | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total Liabilities** | **66988** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Assets** | $**3295225** |
| **NET ASSETS:** |  |
| &nbsp;&nbsp;Paid-in Capital (unlimited authorization — no par value) | $2447914 |
| &nbsp;&nbsp;Total Distributable Earnings (Accumulated Losses) | 847311 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Assets** | $**3295225** |
| **Net Asset Value Per Share (based on net assets of $2,495,693,917 ÷ 164,838,629 shares) - Institutional Class** | $**15.14** |
| **Net Asset Value Per Share (based on net assets of $799,531,039 ÷ 52,010,262 shares) - Investor Class** | $**15.37** |

---

\* Except for Net Asset Value Per Share data.

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **Causeway** Emerging Markets Fund | **15** |

---

STATEMENT OF OPERATIONS (000)

(Unaudited)

---

| | |
|:---|:---|
|  | **CAUSEWAY**<br>**EMERGING**<br>**MARKETS FUND**<br>10/01/25 to<br>3/31/26 |
| **INVESTMENT INCOME:** |  |
| &nbsp;&nbsp;Dividend Income (net of foreign taxes withheld of $4,239) | $24583 |
| &nbsp;&nbsp;**Total Investment Income** | **24583** |
| **EXPENSES:** |  |
| &nbsp;&nbsp;Investment Advisory Fees | 15432 |
| &nbsp;&nbsp;Shareholder Service Fees — Investor Class | 893 |
| &nbsp;&nbsp;Administration Fees | 279 |
| &nbsp;&nbsp;Custodian Fees | 425 |
| &nbsp;&nbsp;Printing Fees | 115 |
| &nbsp;&nbsp;Transfer Agent Fees | 91 |
| &nbsp;&nbsp;Registration Fees | 58 |
| &nbsp;&nbsp;Professional Fees | 56 |
| &nbsp;&nbsp;Trustees' Fees | 41 |
| &nbsp;&nbsp;Other Fees | 33 |
| &nbsp;&nbsp;**Total Expenses** | **17423** |
| &nbsp;&nbsp;Waiver of Investment Advisory Fees | (24) |
| &nbsp;&nbsp;**Total Waiver** |  |
|  | **(24)** |
| &nbsp;&nbsp;**Net Expenses** | **17399** |
| &nbsp;&nbsp;**Net Investment Income** | **7184** |
| **Net Realized Gain (Loss) on:** |  |
| &nbsp;&nbsp;Investments | 161714 |
| &nbsp;&nbsp;Futures Contracts | 7238 |
| &nbsp;&nbsp;Foreign Capital Gains Tax | (196) |
| &nbsp;&nbsp;Foreign Currency Transactions | (887) |
| &nbsp;&nbsp;**Net Realized Gain (Loss)** | **167869** |
| **Net Unrealized Appreciation (Depreciation) on:** |  |
| &nbsp;&nbsp;Investments | 131294 |
| &nbsp;&nbsp;Futures Contracts | (1445) |
| &nbsp;&nbsp;Accrued Foreign Capital Gains Tax on Appreciated Securities | 2861 |
| &nbsp;&nbsp;Foreign Currency and Translation of Other Assets and Liabilities Denominated in Foreign Currency | (291) |
| &nbsp;&nbsp;**Net Unrealized Appreciation (Depreciation)** | **132419** |
| &nbsp;&nbsp;**Net Realized and Unrealized Gain** | **300288** |
| **Net Increase in Net Assets Resulting from Operations** | $**307472** |

---

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **16** | **Causeway** Emerging Markets Fund |

---

STATEMENTS OF CHANGES IN NET ASSETS (000)

---

| | | |
|:---|:---|:---|
|  | **CAUSEWAY EMERGING**<br> **MARKETS FUND** | **CAUSEWAY EMERGING**<br> **MARKETS FUND** |
|  | **10/01/25 to**<br>**3/31/26**<br>**(Unaudited)** | <br>**10/01/24 to**<br>**9/30/25** |
| **OPERATIONS:** |  |  |
| &nbsp;&nbsp;Net Investment Income | $7184 | $40933 |
| &nbsp;&nbsp;Net Realized Gain | 167869 | 80821 |
| &nbsp;&nbsp;Net Change in Unrealized Appreciation (Depreciation) | 132419 | 320246 |
| &nbsp;&nbsp;**Net Increase in Net Assets Resulting From Operations** | **307472** | **442000** |
| **DISTRIBUTIONS:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Institutional Class | (56691) | (58599) |
| &nbsp;&nbsp;&nbsp;&nbsp;Investor Class | (15541) | (15343) |
| &nbsp;&nbsp;**Total Distributions to Shareholders** | **(72232)** | **(73942)** |
| &nbsp;&nbsp;**Net Increase in Net Assets Derived from Capital Share Transactions<sup>(1)</sup>** | **404295** | **115789** |
| &nbsp;&nbsp;**Total Increase in Net Assets** | **639535** | **483847** |
| **NET ASSETS:** |  |  |
| &nbsp;&nbsp;Beginning of Period | 2655690 | 2171843 |
| &nbsp;&nbsp;**End of Period** | $**3295225** | $**2655690** |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) See Note 7 in Notes to Financial Statements.

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **Causeway** Emerging Markets Fund | **17** |

---

FINANCIAL HIGHLIGHTS

**For the Six Months Ended March 31, 2026 (Unaudited) and the Fiscal Years Ended September 30, For a Share Outstanding Throughout the Fiscal Years or Period**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | Net Asset Value, Beginning of Years or Period ($) | Net Investment Income ($)† | Net Realized and Unrealized Gain (Loss) ($) | Total from Operations ($) | Dividends from Net Investment Income ($) | Distributions from Capital Gains ($) | Total Dividends and Distributions ($) |
| **Causeway Emerging Markets Fund** | **Causeway Emerging Markets Fund** | **Causeway Emerging Markets Fund** |  |  |  |  |  |
| **Institutional** | **Institutional** | **Institutional** |  |  |  |  |  |
| 2026<sup>(1)</sup> | 13.95 | 0.04 | 1.51 | 1.55 | (0.18) | (0.18) | (0.36) |
| 2025 | 12.00 | 0.23 | 2.13 | 2.36 | (0.41) |  | (0.41) |
| 2024 | 9.62 | 0.29 | 2.57 | 2.86 | (0.48) |  | (0.48) |
| 2023 | 8.60 | 0.30 | 1.15 | 1.45 | (0.43) |  | (0.43) |
| 2022 | 14.87 | 0.34 | (3.81) | (3.47) | (0.40) | (2.40) | (2.80) |
| 2021 | 12.77 | 0.22 | 2.09 | 2.31 | (0.21) |  | (0.21) |
| **Investor** |  |  |  |  |  |  |  |
| 2026<sup>(1)</sup> | 14.16 | 0.02 | 1.52 | 1.54 | (0.15) | (0.18) | (0.33) |
| 2025 | 12.17 | 0.20 | 2.17 | 2.37 | (0.38) |  | (0.38) |
| 2024 | 9.76 | 0.27 | 2.59 | 2.86 | (0.45) |  | (0.45) |
| 2023 | 8.69 | 0.29 | 1.17 | 1.46 | (0.39) |  | (0.39) |
| 2022 | 14.99 | 0.29 | (3.84) | (3.55) | (0.35) | (2.40) | (2.75) |
| 2021 | 12.88 | 0.21 | 2.08 | 2.29 | (0.18) |  | (0.18) |

---

&nbsp;&nbsp;&nbsp;&nbsp;† Per share amounts calculated using average shares method.

&nbsp;&nbsp;&nbsp;&nbsp;(1) All ratios for periods less than one year are annualized. Total returns and portfolio turnover rate are for the
 period indicated and have not been annualized.

&nbsp;&nbsp;&nbsp;&nbsp;‡ The Fund will also indirectly bear their prorated share of expenses of any underlying funds in which it invests.
 Such expenses are not included in the calculation of this ratio.

§ The net investment income ratio does not reflect the proportionate share of income and expenses of the underlying fund in which the Fund invests.

Amounts designated as "—" are $0 or round to $0.

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **18** | **Causeway** Emerging Markets Fund |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Net Asset<br> Value, End of<br> Years or Period<br> ($) | Total<br> Return (%) | Net Assets,<br> End of<br> Years or Period<br> ($000) | Ratio of<br> Expenses to<br> Average Net<br> Assets (%)‡ | Ratio of<br> Expenses<br> to Average<br> Net Assets<br> (Excluding<br> Waivers and<br> Reimbursements) (%)‡ | Ratio<br> of Net<br> Investment<br> Income to<br> Average<br> Net Assets (%)§ | Portfolio<br> Turnover<br> Rate (%) |
| 15.14 | 11.29 | 2495694 | 1.07 | 1.07 | 0.52 | 38 |
| 13.95 | 20.60 | 2063267 | 1.09 | 1.09 | 1.92 | 92 |
| 12.00 | 31.02 | 1698982 | 1.10 | 1.14 | 2.73 | 91 |
| 9.62 | 17.32 | 969435 | 1.11 | 1.16 | 3.22 | 93 |
| 8.60 | (28.39) | 1116479 | 1.10 | 1.13 | 2.98 | 68 |
| 14.87 | 18.06 | 2187057 | 1.10 | 1.11 | 1.40 | 46 |
| 15.37 | 11.05 | 799531 | 1.32 | 1.32 | 0.28 | 38 |
| 14.16 | 20.38 | 592423 | 1.34 | 1.34 | 1.67 | 92 |
| 12.17 | 30.57 | 472861 | 1.35 | 1.39 | 2.47 | 91 |
| 9.76 | 17.26 | 247275 | 1.36 | 1.41 | 3.03 | 93 |
| 8.69 | (28.63) | 254914 | 1.35 | 1.38 | 2.42 | 68 |
| 14.99 | 17.78 | 684530 | 1.35 | 1.36 | 1.37 | 46 |

---

*The accompanying notes are an integral part of the financial statements.*

---

| | |
|:---|:---|
| **Causeway** Emerging Markets Fund | **19** |

---

NOTES TO FINANCIAL STATEMENTS (Unaudited)

1. Organization

Causeway Emerging Markets Fund (the "Fund") is a series of Causeway Capital Management Trust (the "Trust"). The Trust is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act") and is a Delaware statutory trust that was established on August 10, 2001. The Fund began operations on March 30, 2007. The Fund is authorized to offer two classes of shares, the Institutional Class and the Investor Class. The Declaration of Trust authorizes the issuance of an unlimited number of shares of beneficial interest of the Fund. The Fund is diversified. The Fund's prospectus provides a description of the Fund's investment objectives, policies and strategies. As of March 31, 2026, the Trust has four additional series, the financial statements of which are presented separately.

2. Significant Accounting Policies

The following is a summary of the significant accounting policies consistently followed by the Fund.

*Use of Estimates in the Preparation of Financial Statements* – The Fund is an investment company that applies the accounting and reporting guidance issued in Topic 946 by the U.S. Financial Accounting Standards Board. The Fund's financial statements have been prepared to comply with U.S. generally accepted accounting principles ("U.S. GAAP"). The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of net assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

*Security Valuation* – Except as described below, securities listed on a securities exchange (except the NASDAQ Stock Market ("NASDAQ")) or Over-the-Counter ("OTC") for which market quotations are available are valued at the last reported sale price as of the close of trading on each business day, or, if there is no such reported sale, at the last reported bid price for long positions. For securities traded on NASDAQ, the NASDAQ Official Closing Price is used. Securities listed on multiple exchanges or OTC markets are valued on the exchange or OTC market considered by the Fund to be the primary market. The prices for foreign securities are reported in local currency and converted to U.S. dollars using currency exchange rates. Prices for most securities held in the Fund are provided daily by recognized independent pricing agents. If a security price cannot be obtained from an independent pricing agent, the Fund seeks to obtain a bid price from at least one independent broker. Investments in money market funds are valued daily at the net asset value per share.

Futures contracts are valued at the settlement price established each day by the board of exchange on which they are traded, and such settlement prices are provided by an independent source. On days when there is excessive volume or market volatility or when a futures contract does not end trading by the time the Fund calculates its net asset value, the settlement price may not be available at the time the Fund calculates its net asset value. On such days, the best available price (which is typically the last sale price) may be used to value the Fund's futures contracts. Participation notes, warrants or equity-linked notes used to obtain exposure to the China A-Share market are fair valued based on the underlying stocks and terms of the note, warrant, or equity-linked note including those related to performance and fees.

Securities for which market prices are not "readily available" are valued in accordance with fair value pricing procedures approved by the Fund's Board of Trustees (the "Board"). The Fund's fair value pricing procedures are overseen by the Fund's valuation designee, Causeway Capital Management LLC ("Adviser"), and implemented through a Fair Value Committee (the "Committee"). Some of the more common reasons that may necessitate that a security be valued using fair value pricing procedures include: the security's trading has been halted or suspended; the security has been delisted from a national exchange; the security's primary trading market is temporarily closed at a time when under normal conditions it would be open; or the security's primary pricing source is not able or willing to provide a price. When the Committee values a security in accordance with the fair value pricing procedures, the Committee will determine the value after taking into consideration relevant information reasonably available to the Committee.

---

| | |
|:---|:---|
| **20**&nbsp;&nbsp;&nbsp;&nbsp; | **Causeway** Emerging Markets Fund |

---

NOTES TO FINANCIAL STATEMENTS (Unaudited) (continued)

The Fund uses a third party vendor to fair value certain non-U.S. securities if there is a movement in the U.S. market that exceeds thresholds established by the Committee. The vendor provides fair values for foreign securities based on factors and methodologies involving, generally, tracking valuation correlations between the U.S. market and each non-U.S. security and such fair values are applied by the administrator if a pre-determined confidence level is reached for the security.

In accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP, the Fund discloses fair value of its investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure the fair value. The objective of a fair value measurement is to determine the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). Accordingly, the fair value hierarchy gives the highest

priority to quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The guidance establishes three levels of fair value hierarchy as follows:

● Level 1 — Unadjusted quoted prices in active markets for identical, unrestricted assets or liabilities that the Fund has the ability to access at the measurement date;

● Level 2 — Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets which are not active, or prices based on inputs that are observable (either directly or indirectly); and

● Level 3 — Prices, inputs or proprietary modeling techniques which are both significant to the fair value measurement and unobservable (supported by little or no market activity).

Investments are classified within the level of the lowest significant input considered in determining fair value. Investments classified within Level 3 which fair value measurement considers several inputs may include Level 1 or Level 2 inputs as components of the overall fair value measurement.

Changes in valuation techniques may result in transfers in or out of an investment's assigned level within the hierarchy during the reporting period. Changes in the classification between Levels 1 and 2 occur primarily when foreign equity securities are fair valued by the Fund's third party vendor using other observable market–based inputs in place of closing exchange prices due to events occurring after foreign market closures or when foreign markets are closed, and/or when adjustments are made to security values for "foreign line" securities using "local line" prices. Due to currency and ownership restrictions on foreign persons in certain countries, including without limitation Thailand, securities sometimes trade via a "foreign line" (designated for foreign ownership) and via a "local line" (shares traded locally and held by residents). Liquidity of shares held in the foreign line is often more limited than the local line. As the last traded price of a foreign line may not represent fair value, if the securities can readily be traded through a broker to access the local line, the securities may be priced using the last traded local line price.

---

| | |
|:---|:---|
| **Causeway** Emerging Markets Fund | **21** |

---

NOTES TO FINANCIAL STATEMENTS (Unaudited) (continued)

As of and during the six months ended March 31, 2026, there were no changes to the Fund's fair value methodologies.

*Federal Income Taxes* – The Fund intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code and to distribute substantially all of its taxable income. Accordingly, no provision for Federal income taxes has been made in the financial statements.

The Fund evaluates tax positions taken or expected to be taken in the course of preparing the Fund's tax returns to determine whether it is "more-likely-than-not" (i.e., greater than 50-percent) that each tax position will be sustained upon examination by a taxing authority based on the technical merits of the position. Tax positions not deemed to meet the "more-likely-than-not" threshold are recorded as a tax benefit or expense in the current year. The Fund did not record any tax provision in the current period. However, management's conclusions regarding tax positions taken may be subject to review and adjustment at a later date based on factors including, but not limited to, examination by tax authorities (i.e., the last 3 tax years, as applicable), and on-going analysis of and changes to tax laws, regulations and interpretations thereof.

As of and during the six months ended March 31, 2026, the Fund did not have a liability for any

unrecognized tax benefits. The Fund recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the Statement of Operations. During the period, the Fund did not incur any significant interest or penalties.

Withholding taxes on foreign dividends have been provided for in accordance with the Fund's understanding of the applicable country's tax rules and rates. The Fund or its agent files withholding tax reclaims in certain jurisdictions to recover certain amounts previously withheld. The Fund may record a reclaim receivable based on collectability, which includes factors such as the jurisdiction's applicable laws, payment history and market convention. Professional fees paid to those that provide assistance in receiving the tax reclaims, which generally are contingent upon successful receipt of reclaimed amounts, are recorded in Professional Fees, if applicable, on the Statement of Operations once the amounts are due. The professional fees related to pursuing these tax reclaims are not subject to the Adviser's expense limit agreement described in Note 3.

*Security Transactions and Related Income* – Security transactions are accounted for on the date the security is purchased or sold (trade date). Dividend income is recognized on the ex-dividend date, and interest income is recognized using the accrual basis of accounting. Costs used in determining realized gains and losses on the sales of investment securities are those of the specific securities sold.

*Foreign Currency Translation* – The books and records of the Fund are maintained in U.S. dollars on the following basis:

&nbsp;&nbsp;&nbsp;&nbsp;(1) the market value or fair value of investment securities, assets and liabilities is converted at the current rate of exchange; and

---

| | |
|:---|:---|
| **22** | **Causeway** Emerging Markets Fund |

---

NOTES TO FINANCIAL STATEMENTS (Unaudited) (continued)

&nbsp;&nbsp;&nbsp;&nbsp;(2) purchases and sales of investment securities, income and expenses are converted at the relevant rates of exchange prevailing on the respective dates of such transactions.

The Fund does not isolate that portion of gains and losses on investments in equity securities that is due to changes in the foreign exchange rates from that which is due to changes in market prices of equity securities.

*Foreign Currency Exchange Contracts* – When the Fund purchases or sells foreign securities, it enters into corresponding foreign currency exchange contracts to settle the securities transactions. Losses from these foreign exchange transactions may arise from changes in the value of the foreign currency between trade date and settlement date or if the counterparties do not perform under the contract's terms.

*Futures Contracts* – To the extent consistent with its investment objective and strategies, the Fund may use futures contracts for cash management as well as to enhance the Fund's returns. Initial margin deposits of cash or securities are made upon entering into futures contracts. The contracts are marked to market daily and the resulting changes in value are accounted for as unrealized gains and losses. Variation margin payments are paid or received, depending upon whether unrealized gains or losses are incurred. When the contract is closed, the Fund records a realized gain or loss on the Statement of Operations equal to the difference between the contract price at closing and the contract price at opening.

Risks of entering into futures contracts include the possibility that there will be an imperfect price correlation between the futures and the underlying securities.

Second, it is possible that a lack of liquidity for futures contracts could exist in the secondary market,

resulting in an inability to close a position prior to its maturity date. Third, the futures contract involves the risk that the Fund could lose more than the original margin deposit required to initiate a futures transaction. Finally, the risk exists that losses could exceed amounts disclosed on the Statement of Assets and Liabilities. Refer to the Fund's Schedule of Investments for details regarding open futures contracts as of March 31, 2026.

The Fund invests in futures contracts, including futures contracts based on emerging markets indices, to obtain exposures to emerging markets for cash management or other reasons.

During the six months ended March 31, 2026, the average quarterly notional amount of futures was $352,943 (000).

The following table is the exposure by type of risk on the derivative held throughout the fiscal year (000):

---

| | | |
|:---|:---|:---|
| Statement of Assets and Liabilities Location |  | Liability <br> Derivative |
| Equity Risk Futures Contracts | Unrealized depreciation on futures contracts\* | $(357) |

---

\* Unrealized appreciation on Futures Contracts is included in distributable earnings.

The effect of the derivative instrument on the Statement of Operations for the six months ended March 31, 2026, was as follows (000):

---

| | | |
|:---|:---|:---|
| | Net realized<br> Gain\* | Change in Unrealized<br> Depreciation\*\* |
| Equity Risk Futures Contracts | $7238 | $(1445) |

---

\* Futures Contracts are included in net realized gain on Futures Contracts.

\*\* Futures Contracts are included in change in unrealized depreciation on Futures Contracts.

---

| | |
|:---|:---|
| **Causeway** Emerging Markets Fund | **23** |

---

NOTES TO FINANCIAL STATEMENTS (Unaudited) (continued)

*Equity-Linked Notes –* An equity-linked note is a structured security with a return linked to one or more underlying reference equity securities or an index of securities. Changes in the market value of equity-linked notes are recorded as unrealized appreciation or depreciation and realized gains or losses are recorded upon the sale or maturity of the notes in the Statement of Operations within investments in securities. The risks of investing in equity-linked notes include unfavorable price movements in the underlying securities and the credit risk of the issuing financial institution. Equity-linked notes may be more volatile and less liquid than other investments held by the Fund.

*Expense/Classes* – Expenses that are directly related to one Fund of the Trust are charged directly to that Fund. Other operating expenses of the Trust are prorated to the Fund and the other series of the Trust on the basis of relative daily net assets. Expenses of the Shareholder Service Plan and Agreement for the Investor Class are borne by that class of shares. Income, realized and unrealized gains (losses) and non-class specific expenses are allocated to the respective classes on the basis of relative daily net assets.

*Dividends and Distributions* – Dividends from net investment income, if any, are declared and paid on an annual basis. Any net realized capital gains on sales of securities are distributed to shareholders at least annually.

*Cash* – Idle cash may be swept into various time deposit accounts and is classified as cash on the Statement of Assets and Liabilities. The Fund maintains cash in bank deposit accounts which, at times, may exceed United States federally insured limits. Amounts invested and earned income are available on the same business day.

&nbsp;&nbsp;&nbsp;&nbsp;3. Investment
 Advisory, Administration, Shareholder Service and Distribution Agreements

The Trust, on behalf of the Fund, has entered into an Investment Advisory Agreement (the "Advisory Agreement") with the Adviser. Under the Advisory Agreement, the Adviser is entitled to a monthly fee equal to an annual rate of 1.00% of the Fund's average daily net assets. The Adviser has contractually agreed through January 31, 2027, to waive its fee and, to the extent necessary, reimburse the Fund to keep total annual fund operating expenses (excluding brokerage fees and commissions, interest, taxes, shareholder service fees, fees and expenses of other funds in which the Fund invests, tax reclaim-related fees and expenses, and extraordinary expenses) from exceeding 1.10% of Institutional Class and Investor Class average daily net assets. For the six months ended March 31, 2026, the Adviser waived $23,638 of its advisory fee. The expense waivers and reimbursements are not subject to recapture.

The Trust and SEI Investments Global Funds Services (the "Administrator") have entered into an Administration Agreement. Under the terms of the Administration Agreement, the Administrator is entitled to an annual fee which is calculated daily and paid monthly based on the aggregate average daily net assets of the Trust subject to a minimum annual fee.

The Trust has adopted a Shareholder Service Plan and Agreement for Investor Class shares that allows the Trust to pay broker-dealers and other financial intermediaries a fee of up to 0.25% per annum of average daily net assets for services provided to Investor Class shareholders. For the six months ended March 31, 2026, the Investor Class paid 0.25% annualized of average daily net assets under this plan.

The Trust and SEI Investments Distribution Co. (the "Distributor") have entered into a Distribution Agreement. The Distributor receives no fees from the Fund for its distribution services under this agreement.

---

| | |
|:---|:---|
| **24** | **Causeway** Emerging Markets Fund |

---

NOTES TO FINANCIAL STATEMENTS (Unaudited) (continued)

The officers of the Trust are also officers or employees of the Administrator or Adviser. They receive no fees for serving as officers of the Trust.

As of March 31, 2026, approximately $11,760 (000) of the Fund's net assets were held by investors affiliated with the Adviser.

4. Investment Transactions

The cost of security purchases and the proceeds from the sales of securities, other than short-term investments, during the six months ended March 31, 2026, for the Fund were as follows (000):

---

| | |
|:---|:---|
| Purchases | Sales |
| $1414947 | $1112708 |

---

**5. Risks of Foreign Investing**

Because the Fund invests most of its assets in foreign securities, the Fund is subject to additional risks. For example, the value of the Fund's securities may be affected by social, political and economic developments and U.S. and foreign laws relating to foreign investments. Further, because the Fund invests in securities denominated in foreign currencies, the Fund's securities may go down in value depending on foreign exchange rates. Other risks include trading, settlement, custodial, and other operational risks; withholding or other taxes; and the less stringent investor protection and disclosure standards of some foreign markets. All of these factors can make foreign securities less liquid, more volatile and harder to value than U.S. securities. These risks are higher for emerging markets investments.

Global economies are increasingly interconnected, and political, economic and other conditions and

events (including, but not limited to, war, conflicts, natural disasters, pandemics, epidemics, trading and tariff arrangements, inflation/deflation, and social unrest) in one country or region might adversely impact a different country or region. Furthermore, the occurrence of severe weather or geological events, fires, floods, earthquakes, climate change or other natural or man-made disasters, outbreaks of disease, epidemics and pandemics, malicious acts, cyber-attacks or terrorist acts, among other events, could adversely impact the performance of the Fund. These events may result in, among other consequences, closing borders, exchange closures, health screenings, healthcare service delays, quarantines, cancellations, supply chain disruptions, lower consumer demand, market volatility and general uncertainty. These events could adversely impact issuers, markets and economies over the short- and long-term, including in ways that cannot necessarily be foreseen. The Fund could be negatively impacted if the value of a portfolio holding were harmed by political or economic conditions or events. Moreover, negative political and economic conditions and events could disrupt the processes necessary for the Fund's operations.

For example, Russia's invasion of Ukraine in February 2022, the resulting responses by the U.S. and other countries, and the potential for wider conflict, have increased and may continue to increase volatility and uncertainty in financial markets worldwide. The U.S. and other countries have imposed broad-ranging economic sanctions on Russia and Russian entities and individuals, and may impose additional sanctions, including on other countries that provide military or economic support to Russia. These sanctions, among other things, restrict companies from doing business with Russia and Russian issuers, and may adversely affect companies with economic or financial exposure to Russia and Russian issuers. The extent and duration of Russia's military actions and the repercussions of such actions are not known. The invasion may widen beyond Ukraine and may escalate, including through retaliatory actions and cyberattacks by Russia and even other countries. These events may result in further and significant market disruptions and may adversely affect regional and global economies including those of Europe and the U.S. Certain industries and markets, such as those involving oil, natural gas and other commodities, as well as global supply chains, may be particularly adversely affected. Whether or not the Fund invests in securities of issuers located in Russia, Ukraine and adjacent countries or with significant exposure to issuers in these countries, these events could negatively affect the value and liquidity of the Fund's investments. Further, recent armed conflicts in the Middle East and related events could cause significant market disruptions and volatility. These and other similar events could negatively affect the performance of the Fund.

---

| | |
|:---|:---|
| **Causeway** Emerging Markets Fund | **25** |

---

NOTES TO FINANCIAL STATEMENTS (Unaudited) (continued)

6. Federal Tax Information

The Fund is classified as a separate taxable entity for Federal income tax purposes. The Fund intends to continue to qualify as a separate "regulated investment company" under Subchapter M of the Internal Revenue Code and make the requisite distributions to shareholders that will be sufficient to relieve it from Federal income tax and Federal excise tax. Therefore, no Federal tax provision is required. To the extent that dividends from net investment income and distributions from net realized capital gains exceed amounts reported in the financial statements, such amounts are reported separately.

The Fund may be subject to taxes imposed by countries in which it invests in issuers existing or operating in such countries. Such taxes are generally based on income earned. The Fund accrues such taxes when the related income is earned. Dividend and interest income is recorded net of non-U.S. taxes paid. Gains realized by the Fund on the sale of securities in

certain countries are subject to non-U.S. taxes. Expected capital gains taxes on appreciated securities, if any, are accrued as unrealized losses and incurred capital gains taxes are reflected as realized losses upon the sale of the related security. The Fund records a liability based on unrealized gains to provide for potential non-U.S. taxes payable upon the sale of these securities.

The amounts of distributions from net investment income and net realized capital gains are determined in accordance with Federal income tax regulations, which may differ from those amounts determined under U.S. GAAP. These book/tax differences are either temporary or permanent in nature. The character of distributions made during the year from net investment income or net realized gains, and the timing of distributions made during the year may differ from those during the year that the income or realized gains (losses) were recorded by the Fund. To the extent these differences are permanent, adjustments are made to the appropriate equity accounts in the period that the differences arise.

The tax character of dividends and distributions declared during the fiscal years ended September 30, 2025 and September 30, 2024 was as follows (000):

---

| | | |
|:---|:---|:---|
| | Ordinary<br>Income |<br>Total |
| 2025 | $73942 | $73942 |
| 2024 | 55253 | 55253 |

---

As of September 30, 2025, the components of distributable earnings (accumulated losses) on a tax basis were as follows (000):

---

| | |
|:---|:---|
| Undistributed Ordinary Income | $27220 |
| Undistributed Long-Term Capital Gains | 22387 |
| Unrealized Appreciation | 562468 |
| Other Temporary Differences | (4) |
| Total Distributable Earnings | $612071 |

---

---

| | |
|:---|:---|
| **26**&nbsp;&nbsp;&nbsp;&nbsp; | **Causeway** Emerging Markets Fund |

---

NOTES TO FINANCIAL STATEMENTS (Unaudited) (continued)

For the fiscal year ended September 30, 2025, the Fund utilized $36,562 (000) of short term capital loss carryforwards and $1,244 (000) of long term capital loss carryforwards.

At March 31, 2026, the total cost of investments for Federal income tax purposes and the aggregate gross unrealized appreciation and depreciation on investments for the Fund were as follows (000):

---

| | | | |
|:---|:---|:---|:---|
| | | | Net |
| Federal Tax | Appreciated | Depreciated | Unrealized |
| Cost | Securities | Securities | Appreciation |
| $2525328 | $864859 | $(120635) | $744224 |

---

7. Capital Shares Issued and Redeemed

Capital share transactions for the Fund were as follows (000):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Six Months<br> Ended<br> March 31, 2026<br> (Unaudited) | Six Months<br> Ended<br> March 31, 2026<br> (Unaudited) | Fiscal Year Ended<br> September 30, 2025 | Fiscal Year Ended<br> September 30, 2025 |
|  | **Shares** | **Value** | **Shares** | **Value** |
| **Institutional Class** |  |  |  |  |
| Shares Sold | 35408 | $535410 | 49130 | $576615 |
| Shares Issued in Reinvestment of Dividends and Distributions | 3287 | 46250 | 4221 | 45843 |
| Shares Redeemed | (21756) | (331736) | (47045) | (545435) |
| Increase in Shares Outstanding Derived from Institutional Class Transactions | 16939 | 249924 | 6306 | 77023 |
| **Investor Class** |  |  |  |  |
| Shares Sold | 15368 | 234516 | 22084 | 251959 |
| Shares Issued in Reinvestment of Dividends and Distributions | 1075 | 15505 | 1387 | 15315 |
| Shares Redeemed | (6279) | (95650) | (20467) | (228508) |
| Increase in Shares Outstanding Derived from Investor Class Transactions | 10164 | 154371 | 3004 | 38766 |
| Net Increase in Shares Outstanding from Capital Share Transactions | **27103** | $**404295** | **9310** | $**115789** |

---

8. Significant Shareholder Concentration

As of March 31, 2026, two of the Fund's shareholders of record owned 29% of the Institutional Class shares. The Fund may be adversely affected when a shareholder purchases or redeems large amounts of shares, which may impact the Fund in the same manner as a high volume of redemption requests. Such large shareholders may include, but are not limited to, institutional investors and asset allocators who make

investment decisions on behalf of underlying clients. Significant shareholder purchases and redemptions may adversely impact the Fund's portfolio management and may cause the Fund to make investment decisions at inopportune times or prices or miss attractive investment opportunities. Such transactions may also increase the Fund's transaction costs, accelerate the realization of taxable income if sales of securities result in gains, or otherwise cause the Fund to perform differently than intended.

---

| | |
|:---|:---|
| **Causeway** Emerging Markets Fund | **27** |

---

NOTES TO FINANCIAL STATEMENTS (Unaudited) (continued)

9. Indemnifications

Under the Trust's organizational documents, each Trustee, officer, employee or other agent of the Trust is indemnified against certain liabilities that may arise out of the performance of his or her duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts, including the Fund's servicing agreements, that contain a variety of indemnification clauses. The Fund's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund that have not yet occurred. The risk of material loss as a result of such indemnification claims is considered remote.

10. Recent Accounting Pronouncements

The Fund adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures ("ASU 2023-07"). Adoption of this standard impacted financial statement disclosures only and did not affect the Fund's financial position or the results of its operations. An operating segment is defined in Topic 280 as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. The chief operating officer of the Fund's Adviser acts as the Fund's CODM. The Fund represents a single operating segment, as the CODM monitors the operating results of the Fund as a whole and the Fund's long-term strategic asset allocation is pre-determined in accordance with the Fund's single

investment objective which is executed by the Fund's portfolio managers. The financial information in the form of the Fund's schedule of investments, total returns, expense ratios and changes in net assets (i.e., changes in net assets resulting from operations, subscriptions and redemptions), which are used by the CODM to assess the segment's performance versus the Fund's comparative benchmarks and to make resource allocation decisions for the Fund's single segment, is consistent with that presented within the Fund's financial statements. Segment assets are reflected on the accompanying Statement of Assets and Liabilities as "Total Assets" and significant segment expenses are listed on the accompanying Statement of Operations.

In December 2023, the FASB issued Accounting Standards Update 2023-09 ("ASU 2023-09"), Income Taxes (Topic 740) Improvements to Income Tax Disclosures, which amends quantitative and qualitative income tax disclosure requirements in order to increase disclosure consistency, bifurcate income tax information by jurisdiction and remove information that is no longer beneficial. ASU 2023-09 is effective for annual periods beginning after December 15, 2024, and early adoption is permitted but not required. ASU 2023-09 has not been adopted early and management is evaluating the impacts of these changes on the Fund's financial statements.

11. Subsequent Events

The Fund has evaluated the need for disclosures and/or adjustments resulting from subsequent events through the date the financial statements were issued. Based on this evaluation, no disclosures and/or adjustments were required to the financial statements.

---

| | |
|:---|:---|
| **28**&nbsp;&nbsp;&nbsp;&nbsp; | **Causeway** Emerging Markets Fund |

---

OTHER INFORMATION (FORM N-CSRS ITEMS 8-11) (UNAUDITED)

**Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.**

Not applicable.

**Item 9. Proxy Disclosures for Open-End Management Investment Companies.**

There were no matters submitted to a vote of shareholders during the period covered by this report.

**Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.**

The remuneration paid by the company during the period covered by the report to the Trustees on the company's Board of Trustees is disclosed within the Statement(s) of Operations of the financial statements (Item 7).

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.**

Not applicable.

---

| | |
|:---|:---|
| **Causeway** Emerging Markets Fund | **29** |

---

![](fp0099098-2_01.jpg)

**Item 8. Changes in and Disagreements with Accountants for Open-End Investment Companies.**

Included under item 7.

**Item 9. Proxy Disclosures for Open-End Management Investment Companies.**

Included under item 7.

**Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Investment Companies.**

Included under item 7.

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.**

Included under item 7.

**Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.**

Not applicable to open-end management investment companies.

**Item 13. Portfolio Managers of Closed-End Management Investment Companies.**

Not applicable to open-end management investment companies.

**Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.**

Not applicable to open-end management investment companies.

**Item 15. Submission of Matters to a Vote of Security Holders.**

There have been no material changes to the registrant's procedures by which shareholders may recommend nominees to the registrant's board of trustees during the period covered by the report.

**Item 16. Controls and Procedures.**

(a) The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures, as defined in Rule 30a-3(c) under the Act (17 CFR §270.30a-3(c)) as of a date within 90 days of the filing date of the report, are effective based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the Act (17 CFR §270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Exchange Act (17 CFR §240.13a-15(b) or §240.15d-15(b)).

(b) There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Act (17CFR §270.30a-3(d)) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

**Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies**

Not applicable to open-end management investment companies.

**Item 18. Recovery of Erroneously Awarded Compensation.**

(a) Not applicable.

(b) Not applicable.

**Item 19. Exhibits.**

(a)(1) Not applicable for semi-annual report.

(a)(2) Not applicable.

(a)(3)[A separate certification for the principal executive officer and the principal financial officer of the Registrant, as required by Rule 30a-2(a) under the Act (17 CFR § 270.30a-2(a)), are filed herewith.](fp0099098-2_ex99cert.htm)

(a)(4) Not applicable.

(a)(5) Not applicable.

(b)[Officer certifications, as required by Rule 30a-2(b) under the Act (17 CFR § 270.30a-2(b)), also accompany this filing as an exhibit.](fp0099098-2_ex99906cert.htm)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| (Registrant) | Causeway Capital Management Trust |
| By (Signature and Title) | /s/ Gracie V. Fermelia |
|  | Gracie V. Fermelia, Principal Executive Officer |
| Date: June 3, 2026 |  |

---

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By (Signature and Title) | /s/ Gracie V. Fermelia |
|  | Gracie V. Fermelia, Principal Executive Officer |
| Date: June 3, 2026 |  |

---

---

| | |
|:---|:---|
| By (Signature and Title) | /s/ John Bourgeois |
|  | John Bourgeois, Principal Financial Officer |
| Date: June 3, 2026 |  |

---

## Ex-99.Cert

**CERTIFICATION**

**Pursuant to Rule 30a-2(a) under the Investment Company Act of 1940**

**and Section 302 of the Sarbanes-Oxley Act of 2002**

I, Gracie V. Fermelia, certify that:

1. I
 have reviewed this report on Form N-CSRS of the Causeway Capital Management Trust (the
 "Registrant");

2. Based
 on my knowledge, this report does not contain any untrue statement of a material fact
 or omit to state a material fact necessary to make the statements made, in light of the
 circumstances under which such statements were made, not misleading with respect to the
 period covered by this report;

3. Based
 on my knowledge, the financial statements, and other financial information, included
 in this report fairly present in all material respects the financial condition, results
 of operations, changes in net assets, and cash flows (if the financial statements are
 required to include a statement of cash flows) of the Registrant as of, and for, the
 periods presented in this report;

4. The
 Registrant's other certifying officer(s), if any, and I are responsible for establishing
 and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under
 the Investment Company Act of 1940) and internal control over financial reporting (as
 defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant
 and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures
 to be designed under our supervision, to ensure that material information relating to
 the Registrant, including its consolidated subsidiaries, is made known to us by others
 within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed
 such internal control over financial reporting, or caused such internal control over
 financial reporting to be designed under our supervision, to provide reasonable assurance
 regarding the reliability of financial reporting and the preparation of financial statements
 for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated
 the effectiveness of the Registrant's disclosure controls and procedures and presented
 in this report our conclusions about the effectiveness of the disclosure controls and
 procedures, as of a date within 90 days prior to the filing date of this report, based
 on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed
 in this report any change in the Registrant's internal control over financial reporting
 that occurred during the period covered by this report that has materially affected,
 or is reasonably likely to materially affect, the Registrant's internal control
 over financial reporting; and

5. The
 Registrant's other certifying officer(s) and I have disclosed to the Registrant's
 auditors and the audit committee of the Registrant's board of directors (or persons
 performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All
 significant deficiencies and material weaknesses in the design or operation of internal
 control over financial reporting which are reasonably likely to adversely affect the
 Registrant's ability to record, process, summarize, and report financial information;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any
 fraud, whether or not material, that involves management or other employees who have
 a significant role in the Registrant's internal control over financial reporting.

---

| |
|:---|
| Date: June 3, 2026 |
| /s/ Gracie V. Fermelia |
| Gracie V. Fermelia |
| Principal Executive Officer |

---

**CERTIFICATION**

**Pursuant to Rule 30a-2(a) under the Investment Company Act of 1940**

**and Section 302 of the Sarbanes-Oxley Act of 2002**

I, John Bourgeois, certify that:

1. I
 have reviewed this report on Form N-CSRS of the Causeway Capital Management Trust (the
 "Registrant");

2. Based
 on my knowledge, this report does not contain any untrue statement of a material fact
 or omit to state a material fact necessary to make the statements made, in light of the
 circumstances under which such statements were made, not misleading with respect to the
 period covered by this report;

3. Based
 on my knowledge, the financial statements, and other financial information, included
 in this report fairly present in all material respects the financial condition, results
 of operations, changes in net assets, and cash flows (if the financial statements are
 required to include a statement of cash flows) of the Registrant as of, and for, the
 periods presented in this report;

4. The
 Registrant's other certifying officer(s), if any, and I are responsible for establishing
 and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under
 the Investment Company Act of 1940) and internal control over financial reporting (as
 defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant
 and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures
 to be designed under our supervision, to ensure that material information relating to
 the Registrant, including its consolidated subsidiaries, is made known to us by others
 within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed
 such internal control over financial reporting, or caused such internal control over
 financial reporting to be designed under our supervision, to provide reasonable assurance
 regarding the reliability of financial reporting and the preparation of financial statements
 for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated
 the effectiveness of the Registrant's disclosure controls and procedures and presented
 in this report our conclusions about the effectiveness of the disclosure controls and
 procedures, as of a date within 90 days prior to the filing date of this report, based
 on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed
 in this report any change in the Registrant's internal control over financial reporting
 that occurred during the period covered by this report that has materially affected,
 or is reasonably likely to materially affect, the Registrant's internal control
 over financial reporting; and

5. The
 Registrant's other certifying officer(s) and I have disclosed to the Registrant's
 auditors and the audit committee of the Registrant's board of directors (or persons
 performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All
 significant deficiencies and material weaknesses in the design or operation of internal
 control over financial reporting which are reasonably likely to adversely affect the
 Registrant's ability to record, process, summarize, and report financial information;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any
 fraud, whether or not material, that involves management or other employees who have
 a significant role in the Registrant's internal control over financial reporting.

---

| |
|:---|
| Date: June 3, 2026 |
| /s/ John Bourgeois |
| John Bourgeois |
| Principal Financial Officer |

---

## Exhibit 99.906

**CERTIFICATION**

**Pursuant to 18 U.S.C. Section 1350, As Adopted Pursuant to Section 906**

**of the Sarbanes-Oxley Act of 2002**

The undersigned, Gracie V. Fermelia, the Principal Executive Officer of the Causeway Capital Management Trust (the "Fund"), with respect to the Fund's Form N-CSRS for the period ended March 31, 2026, as filed with the Securities and Exchange Commission, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. such
 Form N-CSRS fully complies with the requirements of Section 13(a) or 15(d) of the Securities
 Exchange Act of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. the
 information contained in such Form N-CSRS fairly presents, in all material respects,
 the financial condition and results of operations of the Fund.

---

| | |
|:---|:---|
| Dated: June 3, 2026 |  |
|  | /s/ Gracie V. Fermelia |
|  | Gracie V. Fermelia |
|  | Principal Executive Officer |

---

**CERTIFICATION**

**Pursuant to 18 U.S.C. Section 1350, As Adopted Pursuant to Section 906**

**of the Sarbanes-Oxley Act of 2002**

The undersigned, John Bourgeois, the Principal Financial Officer of the Causeway Capital Management Trust (the "Fund"), with respect to the Fund's Form N-CSRS for the period ended March 31, 2026, as filed with the Securities and Exchange Commission, hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. such
 Form N-CSRS fully complies with the requirements of Section 13(a) or 15(d) of the Securities
 Exchange Act of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. the
 information contained in such Form N-CSRS fairly presents, in all material respects,
 the financial condition and results of operations of the Fund.

---

| | |
|:---|:---|
| Dated: June 3, 2026 |  |
|  | /s/ John Bourgeois |
|  | John Bourgeois |
|  | Principal Financial Officer |

---