# EDGAR Filing Document

**Accession Number:** 0001084380
**File Stem:** 0001193125-26-006496
**Filing Date:** 2026-1
**Character Count:** 1622949
**Document Hash:** 8d1268681cd9fb93ff443a3cdcf87bf6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-006496.hdr.sgml**: 20260107

**ACCESSION NUMBER**: 0001193125-26-006496

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 311

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20260107

**DATE AS OF CHANGE**: 20260107

**EFFECTIVENESS DATE**: 20260107

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TIAA-CREF FUNDS
- **CENTRAL INDEX KEY:** 0001084380

**ORGANIZATION NAME:**
- **EIN:** 134055167
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09301
- **FILM NUMBER:** 26516390

**BUSINESS ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 2129166746

**MAIL ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TIAA CREF INSTITUTIONAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19990415

## Series and Classes Contracts Data

### Nuveen Equity Index Fund (Series ID: S000005360)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014611 | Class R6         | TIEIX           |
| C000033987 | Retirement Class | TIQRX           |
| C000033988 | Class A          | TINRX           |
| C000079551 | Premier Class    | TCEPX           |
| C000162542 | Class I          | TEIHX           |
| C000202742 | Class W          | TEQWX           |

### Nuveen S&P 500 Index Fund (Series ID: S000005361)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014612 | Class R6         | TISPX           |
| C000014613 | Retirement Class | TRSPX           |
| C000162543 | Class I          | TISAX           |
| C000202743 | Class W          | TISWX           |

### Nuveen Small Cap Blend Index Fund (Series ID: S000005367)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014624 | Class R6         | TISBX           |
| C000014625 | Retirement Class | TRBIX           |
| C000162544 | Class I          | TRHBX           |
| C000202744 | Class W          | TRHWX           |

### Nuveen International Equity Index Fund (Series ID: S000005368)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014626 | Class R6         | TCIEX           |
| C000014627 | Retirement Class | TRIEX           |
| C000079552 | Premier Class    | TRIPX           |
| C000162545 | Class I          | TCIHX           |
| C000202745 | Class W          | TCIWX           |

### Nuveen Core Equity Fund (Series ID: S000005370)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014631 | Class R6         | TIGRX           |
| C000014632 | Retirement Class | TRGIX           |
| C000033989 | Class A          | TIIRX           |
| C000079554 | Premier Class    | TRPGX           |
| C000162547 | Class I          | TGIHX           |
| C000202746 | Class W          | TGIWX           |

### Nuveen Large Cap Responsible Equity Fund (Series ID: S000005371)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014633 | Class R6         | TISCX           |
| C000014634 | Retirement Class | TRSCX           |
| C000033990 | Class A          | TICRX           |
| C000079555 | Premier Class    | TRPSX           |
| C000162548 | Class I          | TICHX           |

### Nuveen International Equity Fund (Series ID: S000005381)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014645 | Class R6         | TIIEX           |
| C000014646 | Retirement Class | TRERX           |
| C000033996 | Class A          | TIERX           |
| C000079565 | Premier Class    | TREPX           |
| C000162558 | Class I          | TIEHX           |
| C000202750 | Class W          | TIEWX           |

### Nuveen Large Cap Value Fund (Series ID: S000005383)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014648 | Class R6         | TRLIX           |
| C000014649 | Class A          | TCLCX           |
| C000014650 | Retirement Class | TRLCX           |
| C000079567 | Premier Class    | TRCPX           |
| C000162560 | Class I          | TRLHX           |
| C000202751 | Class W          | TRLWX           |

### Nuveen Quant Mid Cap Growth Fund (Series ID: S000005384)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014651 | Class R6         | TRPWX           |
| C000014652 | Class A          | TCMGX           |
| C000014653 | Retirement Class | TRGMX           |
| C000079568 | Premier Class    | TRGPX           |
| C000162561 | Class I          | TCMHX           |

### Nuveen Mid Cap Value Fund (Series ID: S000005385)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014654 | Class R6         | TIMVX           |
| C000014655 | Class A          | TCMVX           |
| C000014656 | Retirement Class | TRVRX           |
| C000079569 | Premier Class    | TRVPX           |
| C000162562 | Class I          | TRVHX           |

### Nuveen Quant Small Cap Equity Fund (Series ID: S000005386)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014657 | Class R6         | TISEX           |
| C000014658 | Class A          | TCSEX           |
| C000014659 | Retirement Class | TRSEX           |
| C000079570 | Premier Class    | TSRPX           |
| C000162563 | Class I          | TSCHX           |
| C000202752 | Class W          | TSCWX           |

### Nuveen Large Cap Growth Index Fund (Series ID: S000005387)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014660 | Class R6         | TILIX           |
| C000014661 | Retirement Class | TRIRX           |
| C000162564 | Class I          | TRIHX           |
| C000202753 | Class W          | TRIWX           |

### Nuveen Large Cap Value Index Fund (Series ID: S000005388)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014662 | Class R6         | TILVX           |
| C000014663 | Retirement Class | TRCVX           |
| C000162565 | Class I          | THCVX           |
| C000202754 | Class W          | THCWX           |

### Nuveen Large Cap Growth Fund (Series ID: S000012197)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000033280 | Class A          | TIRTX           |
| C000033281 | Retirement Class | TILRX           |
| C000033282 | Class R6         | TILGX           |
| C000079573 | Premier Class    | TILPX           |
| C000162568 | Class I          | TILHX           |
| C000202757 | Class W          | TILWX           |

### Nuveen Emerging Markets Equity Fund (Series ID: S000029604)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000090850 | Class A          | TEMRX           |
| C000090851 | Retirement Class | TEMSX           |
| C000090852 | Premier Class    | TEMPX           |
| C000090853 | Class R6         | TEMLX           |
| C000162588 | Class I          | TEMHX           |
| C000202763 | Class W          | TEMVX           |

### Nuveen Emerging Markets Equity Index Fund (Series ID: S000029605)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000090854 | Class A          | TEQKX           |
| C000090855 | Retirement Class | TEQSX           |
| C000090856 | Premier Class    | TEQPX           |
| C000090857 | Class R6         | TEQLX           |
| C000162589 | Class I          | TEQHX           |
| C000202764 | Class W          | TENWX           |

### Nuveen International Opportunities Fund (Series ID: S000040206)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000124962 | Class R6         | TIOIX           |
| C000124963 | Premier Class    | TIOPX           |
| C000124964 | Class A          | TIOSX           |
| C000124965 | Retirement Class | TIOTX           |
| C000162599 | Class I          | TIOHX           |
| C000202765 | Class W          | TIOVX           |

### Nuveen Emerging Markets Debt Fund (Series ID: S000046660)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000145608 | Class R6         | TEDNX           |
| C000145609 | Premier Class    | TEDPX           |
| C000145610 | Class A          | TEDLX           |
| C000145611 | Retirement Class | TEDTX           |
| C000162600 | Class I          | TEDHX           |
| C000202766 | Class W          | TEDVX           |

### Nuveen International Responsible Equity Fund (Series ID: S000050279)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000158754 | Class R6         | TSONX           |
| C000158755 | Premier Class    | TSOPX           |
| C000158756 | Class A          | TSORX           |
| C000158757 | Retirement Class | TSOEX           |
| C000162604 | Class I          | TSOHX           |

### Nuveen International Bond Fund (Series ID: S000054622)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000171516 | Class I          | TIBNX           |
| C000171517 | Class R6         | TIBWX           |
| C000171518 | Premier Class    | TIBLX           |
| C000171519 | Class A          | TIBEX           |
| C000171520 | Retirement Class | TIBVX           |
| C000202768 | Class W          | TIBUX           |

### Nuveen Quant Small/Mid Cap Equity Fund (Series ID: S000054623)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000171521 | Retirement Class | TSMOX           |
| C000171522 | Class I          | TSMNX           |
| C000171523 | Class R6         | TSMWX           |
| C000171524 | Premier Class    | TSMMX           |
| C000171525 | Class A          | TSMEX           |
| C000202769 | Class W          | TSMUX           |

### Nuveen Quant International Small Cap Equity Fund (Series ID: S000055721)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000175453 | Class I          | TAISX           |
| C000175454 | Class R6         | TIISX           |
| C000175455 | Premier Class    | TPISX           |
| C000175456 | Class A          | TLISX           |
| C000175457 | Retirement Class | TTISX           |
| C000202770 | Class W          | TAIWX           |

?xml version='1.0' encoding='ASCII'? N-CSR

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

### FORM N-CSR

### CERTIFIED SHAREHOLDER REPORT OF REGISTERED

### MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number <u>811-09301</u> 

TIAA-CREF Funds

(Exact name of registrant as specified in charter)

730 Third Avenue

New York, New York 10017-3206

(Address of principal executive offices) (Zip code)

Jeremy D. Franklin, Esq.

TIAA-CREF Funds

8500 Andrew Carnegie Boulevard

Charlotte, North Carolina 28262

(Name and address of agent for service)

Registrant's telephone number, including area code: (<u>800) 842-2733</u>

Date of fiscal year end: <u>October</u> <u>31</u>

Date of reporting period: <u>October</u> <u>31, 2025</u>

------

Item 1. Reports to Stockholders.

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Debt Fund

Class A Shares/TEDLX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $106 | 1.00% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Debt Fund returned 11.58% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the J.P. Morgan Emerging Markets Bond Index Global Diversified, which returned 12.76%.<br>•  Top contributors to relative performance<br>•  Underweight allocations to low-beta countries such as China, Saudi Arabia, United Arab Emirates, Qatar (which exited the benchmark due to its increased GDP per capita), Malaysia, Indonesia and the Philippines.<br>•  Exposure to local currency debt, most notably in Mexico, Peru, Uzbekistan, South Africa and Colombia.<br>•  Sovereign security selections within Oman (long duration) and Argentina (province).<br>•  Corporate security selections within India, Turkey and Morocco and an allocation to Israel corporates.<br>•  Top detractors from relative performance<br>•  Overweight to emerging-markets corporate debt at a portfolio allocation level.<br>•  No exposure to Venezuela, which includes the state-owned oil producer Petróleos de Venezuela.<br>•  Security selection within corporate bonds, particularly Mexico, Brazil and Ghana.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g92o65.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 11.58% | 4.25% | 5.23% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 7.14% | 3.40% | 4.81% |
| &nbsp;&nbsp;&nbsp; J.P. Morgan Emerging Markets Bond Index (EMBI) Global Diversified | 12.76% | 2.71% | 4.13% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $786342049 |
|  Total number of portfolio holdings | 414 |
|  Portfolio turnover (%) | 38% |
|  Total management fees paid for the year | $2967695 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g92j65.jpg)

![LOGO](g20723g1g25s67.jpg)

![LOGO](g20723g1g77d20.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R623_AR_1025<br> 4950527 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Debt Fund

Class I Shares/TEDHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $71 | 0.67% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Debt Fund returned 12.10% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the J.P. Morgan Emerging Markets Bond Index Global Diversified, which returned 12.76%.<br>•  Top contributors to relative performance<br>•  Underweight allocations to low-beta countries such as China, Saudi Arabia, United Arab Emirates, Qatar (which exited the benchmark due to its increased GDP per capita), Malaysia, Indonesia and the Philippines.<br>•  Exposure to local currency debt, most notably in Mexico, Peru, Uzbekistan, South Africa and Colombia.<br>•  Sovereign security selections within Oman (long duration) and Argentina (province).<br>•  Corporate security selections within India, Turkey and Morocco and an allocation to Israel corporates.<br>•  Top detractors from relative performance<br>•  Overweight to emerging-markets corporate debt at a portfolio allocation level.<br>•  No exposure to Venezuela, which includes the state-owned oil producer Petróleos de Venezuela.<br>•  Security selection within corporate bonds, particularly Mexico, Brazil and Ghana.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g10y01.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 12.10% | 4.54% | 5.69% |
| &nbsp;&nbsp;&nbsp; J.P. Morgan Emerging Markets Bond Index (EMBI) Global Diversified | 12.76% | 2.71% | 4.24% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $786342049 |
|  Total number of portfolio holdings | 414 |
|  Portfolio turnover (%) | 38% |
|  Total management fees paid for the year | $2967695 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g10y02.jpg)

![LOGO](g20723g1g10y03.jpg)

![LOGO](g20723g1g10y04.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R318_AR_1025<br> 4950527 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Debt Fund

Premier Class Shares/TEDPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $83 | 0.78% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Debt Fund returned 11.90% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the J.P. Morgan Emerging Markets Bond Index Global Diversified, which returned 12.76%.<br>•  Top contributors to relative performance<br>•  Underweight allocations to low-beta countries such as China, Saudi Arabia, United Arab Emirates, Qatar (which exited the benchmark due to its increased GDP per capita), Malaysia, Indonesia and the Philippines.<br>•  Exposure to local currency debt, most notably in Mexico, Peru, Uzbekistan, South Africa and Colombia.<br>•  Sovereign security selections within Oman (long duration) and Argentina (province).<br>•  Corporate security selections within India, Turkey and Morocco and an allocation to Israel corporates.<br>•  Top detractors from relative performance<br>•  Overweight to emerging-markets corporate debt at a portfolio allocation level.<br>•  No exposure to Venezuela, which includes the state-owned oil producer Petróleos de Venezuela.<br>•  Security selection within corporate bonds, particularly Mexico, Brazil and Ghana.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g14y05.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 11.90% | 4.41% | 5.41% |
| &nbsp;&nbsp;&nbsp; J.P. Morgan Emerging Markets Bond Index (EMBI) Global Diversified | 12.76% | 2.71% | 4.13% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $786342049 |
|  Total number of portfolio holdings | 414 |
|  Portfolio turnover (%) | 38% |
|  Total management fees paid for the year | $2967695 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g53l27.jpg)

![LOGO](g20723g1g83p61.jpg)

![LOGO](g20723g1g73u23.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R599_AR_1025<br> 4950527 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Debt Fund

Class R6 Shares/TEDNX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $65 | 0.61% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Debt Fund returned 12.09% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the J.P. Morgan Emerging Markets Bond Index Global Diversified, which returned 12.76%.<br>•  Top contributors to relative performance<br>•  Underweight allocations to low-beta countries such as China, Saudi Arabia, United Arab Emirates, Qatar (which exited the benchmark due to its increased GDP per capita), Malaysia, Indonesia and the Philippines.<br>•  Exposure to local currency debt, most notably in Mexico, Peru, Uzbekistan, South Africa and Colombia.<br>•  Sovereign security selections within Oman (long duration) and Argentina (province).<br>•  Corporate security selections within India, Turkey and Morocco and an allocation to Israel corporates.<br>•  Top detractors from relative performance<br>•  Overweight to emerging-markets corporate debt at a portfolio allocation level.<br>•  No exposure to Venezuela, which includes the state-owned oil producer Petróleos de Venezuela.<br>•  Security selection within corporate bonds, particularly Mexico, Brazil and Ghana.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g20y06.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 12.09% | 4.61% | 5.58% |
| &nbsp;&nbsp;&nbsp; J.P. Morgan Emerging Markets Bond Index (EMBI) Global Diversified | 12.76% | 2.71% | 4.13% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $786342049 |
|  Total number of portfolio holdings | 414 |
|  Portfolio turnover (%) | 38% |
|  Total management fees paid for the year | $2967695 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g08f15.jpg)

![LOGO](g20723g1g00j93.jpg)

![LOGO](g20723g1g15f83.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R581_AR_1025<br> 4950527 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Debt Fund

Retirement Class Shares/TEDTX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $91 | 0.86% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Debt Fund returned 11.83% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed J.P. Morgan Emerging Markets Bond Index Global Diversified, which returned 12.76%.<br>•  Top contributors to relative performance<br>•  Underweight allocations to low-beta countries such as China, Saudi Arabia, United Arab Emirates, Qatar (which exited the benchmark due to its increased GDP per capita), Malaysia, Indonesia and the Philippines.<br>•  Exposure to local currency debt, most notably in Mexico, Peru, Uzbekistan, South Africa and Colombia.<br>•  Sovereign security selections within Oman (long duration) and Argentina (province).<br>•  Corporate security selections within India, Turkey and Morocco and an allocation to Israel corporates.<br>•  Top detractors from relative performance<br>•  Overweight to emerging-markets corporate debt at a portfolio allocation level.<br>•  No exposure to Venezuela, which includes the state-owned oil producer Petróleos de Venezuela.<br>•  Security selection within corporate bonds, particularly Mexico, Brazil and Ghana.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g26y07.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 11.83% | 4.38% | 5.34% |
| &nbsp;&nbsp;&nbsp; J.P. Morgan Emerging Markets Bond Index (EMBI) Global Diversified | 12.76% | 2.71% | 4.13% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $786342049 |
|  Total number of portfolio holdings | 414 |
|  Portfolio turnover (%) | 38% |
|  Total management fees paid for the year | $2967695 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g97g28.jpg)

![LOGO](g20723g1g96g29.jpg)

![LOGO](g20723g1g27g50.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R615_AR_1025<br> 4950527 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Debt Fund

Class W Shares/TEDVX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Debt Fund returned 12.77% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund performed in line with the J.P. Morgan Emerging Markets Bond Index Global Diversified, which returned 12.76%.<br>•  Top contributors to relative performance<br>•  Underweight allocations to low-beta countries such as China, Saudi Arabia, United Arab Emirates, Qatar (which exited the benchmark due to its increased GDP per capita), Malaysia, Indonesia and the Philippines.<br>•  Exposure to local currency debt, most notably in Mexico, Peru, Uzbekistan, South Africa and Colombia.<br>•  Sovereign security selections within Oman (long duration) and Argentina (province).<br>•  Corporate security selections within India, Turkey and Morocco and an allocation to Israel corporates.<br>•  Top detractors from relative performance<br>•  Overweight to emerging-markets corporate debt at a portfolio allocation level.<br>•  No exposure to Venezuela, which includes the state-owned oil producer Petróleos de Venezuela.<br>•  Security selection within corporate bonds, particularly Mexico, Brazil and Ghana.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g32a33.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 12.77% | 5.26% | 5.82% |
| &nbsp;&nbsp;&nbsp; J.P. Morgan Emerging Markets Bond Index (EMBI) Global Diversified | 12.76% | 2.71% | 3.67% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $786342049 |
|  Total number of portfolio holdings | 414 |
|  Portfolio turnover (%) | 38% |
|  Total management fees paid for the year | $2967695 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g97g34.jpg)

![LOGO](g20723g1g96g40.jpg)

![LOGO](g20723g1g27g99.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N701_AR_1025<br> 4950527 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Bond Fund

Class A Shares/TIBEX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $94 | 0.92% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Bond Fund returned 5.04% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Bloomberg Global Aggregate ex-USD Index (Hedged), which returned 4.49%.<br>•  Top contributors to relative performance<br>•  Yield curve positioning, including duration exposure to U.S. dollar-denominated securities and a shorter-duration stance in Japan.<br>•  Overweights to government-related credit and agency debt, particularly within emerging markets (EM) in Africa and Latin America.<br>•  An overweight in corporate bonds and exposure to out-of-benchmark high-yield issuers.<br>•  Out-of-benchmark exposure to commercial mortgage-backed securities, and security selection within global treasuries, most notably in developed markets periphery countries such as Spain, Italy, Greece and Cyprus and among out-of-benchmark EM issuers such as Uruguay and Uzbekistan.<br>•  Top detractors from relative performance<br>•  Foreign currency exposure due to the cost of hedging. On an unhedged basis, exposure to the South African rand and Indian rupee, and an underweight to Chinese local currency debt<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 5, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g37d01.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (8/5/16)** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 5.04% | 0.71% | 1.87% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 0.86% | (0.12)% | 1.42% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate Bond Index | 5.69% | (1.63)% | 0.36% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate ex-USD Index (Hedged) | 4.49% | 0.99% | 2.12% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1192201337 |
|  Total number of portfolio holdings | 725 |
|  Portfolio turnover (%) | 30% |
|  Total management fees paid for the year | $2371537 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g39a01.jpg)

![LOGO](g20723g1g39a02.jpg)

![LOGO](g20723g1g40g40.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P486_AR_1025<br> 4950534 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Bond Fund

Class I Shares/TIBNX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $62 | 0.60% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Bond Fund returned 5.34% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Bloomberg Global Aggregate ex-USD Index (Hedged), which returned 4.49%.<br>•  Top contributors to relative performance<br>•  Yield curve positioning, including duration exposure to U.S. dollar-denominated securities and a shorter-duration stance in Japan.<br>•  Overweights to government-related credit and agency debt, particularly within emerging markets (EM) in Africa and Latin America.<br>•  An overweight in corporate bonds and exposure to out-of-benchmark high-yield issuers.<br>•  Out-of-benchmark exposure to commercial mortgage-backed securities, and security selection within global treasuries, most notably in developed markets periphery countries such as Spain, Italy, Greece and Cyprus and among out-of-benchmark EM issuers such as Uruguay and Uzbekistan.<br>•  Top detractors from relative performance<br>•  Foreign currency exposure due to the cost of hedging. On an unhedged basis, exposure to the South African rand and Indian rupee, and an underweight to Chinese local currency debt.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 5, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g43y09.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(8/5/16)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 5.34% | 1.01% | 2.17% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate Bond Index | 5.69% | (1.63)% | 0.36% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate ex-USD Index (Hedged) | 4.49% | 0.99% | 2.12% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1192201337 |
|  Total number of portfolio holdings | 725 |
|  Portfolio turnover (%) | 30% |
|  Total management fees paid for the year | $2371537 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g45a01.jpg)

![LOGO](g20723g1g45a02.jpg)

![LOGO](g20723g1g47g41.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| 87245P528_AR_1025<br> 4950534 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Bond Fund

Premier Class Shares/TIBLX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $74 | 0.72% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Bond Fund returned 5.25% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Bloomberg Global Aggregate ex-USD Index (Hedged), which returned 4.49%.<br>•  Top contributors to relative performance<br>•  Yield curve positioning, including duration exposure to U.S. dollar-denominated securities and a shorter-duration stance in Japan.<br>•  Overweights to government-related credit and agency debt, particularly within emerging markets (EM) in Africa and Latin America.<br>•  An overweight in corporate bonds and exposure to out-of-benchmark high-yield issuers.<br>•  Out-of-benchmark exposure to commercial mortgage-backed securities, and security selection within global treasuries, most notably in developed markets periphery countries such as Spain, Italy, Greece and Cyprus and among out-of-benchmark EM issuers such as Uruguay and Uzbekistan.<br>•  Top detractors from relative performance<br>•  Foreign currency exposure due to the cost of hedging. On an unhedged basis, exposure to the South African rand and Indian rupee, and an underweight to Chinese local currency debt.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 5, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g84b23.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(8/5/16)** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 5.25% | 0.91% | 2.07% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate Bond Index | 5.69% | (1.63)% | 0.36% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate ex-USD Index (Hedged) | 4.49% | 0.99% | 2.12% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1192201337 |
|  Total number of portfolio holdings | 725 |
|  Portfolio turnover (%) | 30% |
|  Total management fees paid for the year | $2371537 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g84e75.jpg)

![LOGO](g20723g1g10a91.jpg)

![LOGO](g20723g1g52g42.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P510_AR_1025<br> 4950534 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Bond Fund

Class R6 Shares/TIBWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $58 | 0.56% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Bond Fund returned 5.44% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Bloomberg Global Aggregate ex-USD Index (Hedged), which returned 4.49%.<br>•  Top contributors to relative performance<br>•  Yield curve positioning, including duration exposure to U.S. dollar-denominated securities and a shorter-duration stance in Japan.<br>•  Overweights to government-related credit and agency debt, particularly within emerging markets (EM) in Africa and Latin America.<br>•  An overweight in corporate bonds and exposure to out-of-benchmark high-yield issuers.<br>•  Out-of-benchmark exposure to commercial mortgage-backed securities, and security selection within global treasuries, most notably in developed markets periphery countries such as Spain, Italy, Greece and Cyprus and among out-of-benchmark EM issuers such as Uruguay and Uzbekistan.<br>•  Top detractors from relative performance<br>•  Foreign currency exposure due to the cost of hedging. On an unhedged basis, exposure to the South African rand and Indian rupee, and an underweight to Chinese local currency debt.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 5, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g55y10.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (8/5/16)** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 5.44% | 1.07% | 2.23% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate Bond Index | 5.69% | (1.63)% | 0.36% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate ex-USD Index (Hedged) | 4.49% | 0.99% | 2.12% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1192201337 |
|  Total number of portfolio holdings | 725 |
|  Portfolio turnover (%) | 30% |
|  Total management fees paid for the year | $2371537 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g01q37.jpg)

![LOGO](g20723g1g77z67.jpg)

![LOGO](g20723g1g03c52.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P536_AR_1025<br> 4950534 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Bond Fund

Retirement Class Shares/TIBVX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $82 | 0.80% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Bond Fund returned 5.06% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Bloomberg Global Aggregate ex-USD Index (Hedged), which returned 4.49%.<br>•  Top contributors to relative performance<br>•  Yield curve positioning, including duration exposure to U.S. dollar-denominated securities and a shorter-duration stance in Japan.<br>•  Overweights to government-related credit and agency debt, particularly within emerging markets (EM) in Africa and Latin America.<br>•  An overweight in corporate bonds and exposure to out-of-benchmark high-yield issuers.<br>•  Out-of-benchmark exposure to commercial mortgage-backed securities, and security selection within global treasuries, most notably in developed markets periphery countries such as Spain, Italy, Greece and Cyprus and among out-of-benchmark EM issuers such as Uruguay and Uzbekistan.<br>•  Top detractors from relative performance<br>•  Foreign currency exposure due to the cost of hedging. On an unhedged basis, exposure to the South African rand and Indian rupee, and an underweight to Chinese local currency debt.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 5, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g61y10.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (8/5/16)** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 5.06% | 0.80% | 1.97% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate Bond Index | 5.69% | (1.63)% | 0.36% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate ex-USD Index (Hedged) | 4.49% | 0.99% | 2.12% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1192201337 |
|  Total number of portfolio holdings | 725 |
|  Portfolio turnover (%) | 30% |
|  Total management fees paid for the year | $2371537 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g63a01.jpg)

![LOGO](g20723g1g63a02.jpg)

![LOGO](g20723g1g64a01.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P494_AR_1025<br> 4950534 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Bond Fund

Class W Shares/TIBUX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

<sup>\*</sup> Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Bond Fund returned 6.04% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Bloomberg Global Aggregate ex-USD Index (Hedged), which returned 4.49%.<br>•  Top contributors to relative performance<br>•  Yield curve positioning, including duration exposure to U.S. dollar-denominated securities and a shorter-duration stance in Japan.<br>•  Overweights to government-related credit and agency debt, particularly within emerging markets (EM) in Africa and Latin America.<br>•  An overweight in corporate bonds and exposure to out-of-benchmark high-yield issuers.<br>•  Out-of-benchmark exposure to commercial mortgage-backed securities, and security selection within global treasuries, most notably in developed markets periphery countries such as Spain, Italy, Greece and Cyprus and among out-of-benchmark EM issuers such as Uruguay and Uzbekistan.<br>•  Top detractors from relative performance<br>•  Foreign currency exposure due to the cost of hedging. On an unhedged basis, exposure to the South African rand and Indian rupee, and an underweight to Chinese local currency debt.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g51v06.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 6.04% | 1.68% | 3.24% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate Bond Index | 5.69% | (1.63)% | 0.75% |
| &nbsp;&nbsp;&nbsp; Bloomberg Global Aggregate ex-USD Index (Hedged) | 4.49% | 0.99% | 2.48% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1192201337 |
|  Total number of portfolio holdings | 725 |
|  Portfolio turnover (%) | 30% |
|  Total management fees paid for the year | $2371537 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g69a01.jpg)

![LOGO](g20723g1g63a02.jpg)

![LOGO](g20723g1g69a03.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Change in fiscal and tax year end:** On October 8, 2025, the Board of Trustees approved a change in the Fund's fiscal and tax year ends from October 31 to December 31. The Fund will continue to follow its October 31 regulatory reporting schedule through October 31, 2025, after which it will prepare an annual report for the two-month period ended December 31, 2025.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N800_AR_1025<br> 4950534 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Core Equity Fund

Class A Shares/TIIRX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $74 | 0.68% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Core Equity Fund returned 16.63% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the S&P 500 Index, which returned 21.45%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  An overweight to Lam Research Corporation.<br>•  An overweight to Royal Caribbean Group.<br>•  Top detractors from relative performance<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>•  Security selection in the information technology sector, including overweights to Intuit Inc., Gen Digital Inc. and Arista Networks, Inc.<br>•  Security selection in the financials sector, including overweights to Progressive Corporation and Ameriprise Financial, Inc.<br>•  An overweight in the health care sector, led by an overweight to Merck & Co., Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00t02.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 16.63% | 16.98% | 13.67% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 9.94% | 15.61% | 13.00% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.64% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $7271420869 |
|  Total number of portfolio holdings | 66 |
|  Portfolio turnover (%) | 117% |
|  Total management fees paid for the year | $26780831 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g19a01.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •   financial statements and other information  •   fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315761_AR_1025<br> 4950545 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Core Equity Fund

Class I Shares/TGIHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $49 | 0.45% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Core Equity Fund returned 16.95% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the S&P 500 Index, which returned 21.45%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  An overweight to Lam Research Corporation.<br>•  An overweight to Royal Caribbean Group.<br>•  Top detractors from relative performance<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>•  Security selection in the information technology sector, including overweights to Intuit Inc., Gen Digital Inc. and Arista Networks, Inc.<br>•  Security selection in the financials sector, including overweights to Progressive Corporation and Ameriprise Financial, Inc.<br>•  An overweight in the health care sector, led by an overweight to Merck & Co., Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g98r17.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 16.95% | 17.20% | 13.84% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.68% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $7271420869 |
|  Total number of portfolio holdings | 66 |
|  Portfolio turnover (%) | 117% |
|  Total management fees paid for the year | $26780831 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g34a01.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R185_AR_1025<br> 4950545 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Core Equity Fund

Premier Class Shares/TRPGX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.

#### &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $60 | 0.55% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Core Equity Fund returned 16.78% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the S&P 500 Index, which returned 21.45%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  An overweight to Lam Research Corporation.<br>•  An overweight to Royal Caribbean Group.<br>•  Top detractors from relative performance<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>•  Security selection in the information technology sector, including overweights to Intuit Inc., Gen Digital Inc. and Arista Networks, Inc.<br>•  Security selection in the financials sector, including overweights to Progressive Corporation and Ameriprise Financial, Inc.<br>•  An overweight in the health care sector, led by an overweight to Merck & Co., Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g21a01.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 16.78% | 17.12% | 13.82% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.64% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $7271420869 |
|  Total number of portfolio holdings | 66 |
|  Portfolio turnover (%) | 117% |
|  Total management fees paid for the year | $26780831 |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g23a01.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M103_AR_1025<br> 4950545 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Core Equity Fund

Class R6 Shares/TIGRX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $43 | 0.40% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Core Equity Fund returned 17.02% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the S&P 500 Index, which returned 21.45%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  An overweight to Lam Research Corporation.<br>•  An overweight to Royal Caribbean Group.<br>•  Top detractors from relative performance<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>•  Security selection in the information technology sector, including overweights to Intuit Inc., Gen Digital Inc. and Arista Networks, Inc.<br>•  Security selection in the financials sector, including overweights to Progressive Corporation and Ameriprise Financial, Inc.<br>•  An overweight in the health care sector, led by an overweight to Merck & Co., Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00a72.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 17.02% | 17.31% | 13.99% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.64% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $7271420869 |
|  Total number of portfolio holdings | 66 |
|  Portfolio turnover (%) | 117% |
|  Total management fees paid for the year | $26780831 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00a74.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W409_AR_1025<br> 4950545 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Core Equity Fund

Retirement Class Shares/TRGIX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $70 | 0.65% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Core Equity Fund returned 16.74% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the S&P 500 Index, which returned 21.45%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  An overweight to Lam Research Corporation.<br>•  An overweight to Royal Caribbean Group.<br>•  Top detractors from relative performance<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>•  Security selection in the information technology sector, including overweights to Intuit Inc., Gen Digital Inc. and Arista Networks, Inc.<br>•  Security selection in the financials sector, including overweights to Progressive Corporation and Ameriprise Financial, Inc.<br>•  An overweight in the health care sector, led by an overweight to Merck & Co., Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g71o72.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 16.74% | 17.01% | 13.71% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.64% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $7271420869 |
|  Total number of portfolio holdings | 66 |
|  Portfolio turnover (%) | 117% |
|  Total management fees paid for the year | $26780831 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g15c90.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at** https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W763_AR_1025<br> 4950545 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Core Equity Fund

Class W Shares/TGIWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Core Equity Fund returned 17.43% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the S&P 500 Index, which returned 21.45%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  An overweight to Lam Research Corporation.<br>•  An overweight to Royal Caribbean Group.<br>•  Top detractors from relative performance<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>•  Security selection in the information technology sector, including overweights to Intuit Inc., Gen Digital Inc. and Arista Networks, Inc.<br>•  Security selection in the financials sector, including overweights to Progressive Corporation and Ameriprise Financial, Inc.<br>•  An overweight in the health care sector, led by an overweight to Merck & Co., Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g44r20.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 17.43% | 17.77% | 14.09% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.63% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $7271420869 |
|  Total number of portfolio holdings | 66 |
|  Portfolio turnover (%) | 117% |
|  Total management fees paid for the year | $26780831 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g44k44.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P197_AR_1025<br> 4950545 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Growth Fund

Class A Shares/TIRTX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $79 | 0.70% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Growth Fund returned 26.70% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell 1000 Growth Index, which returned 30.52%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  Security selection in the industrials sector, led by an overweight to Vertiv Holdings Co.<br>•  An underweight and security selection in the consumer staples sector, including an underweight to Costco Wholesale Corporation and a lack of exposure to PepsiCo, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by an underweight to Palantir Technologies Inc. and an out-of-benchmark position in Roper Technologies, Inc.<br>•  Security selection in the health care sector, including an out-of-benchmark position in Novo Nordisk A/S and an overweight to UnitedHealth Group Incorporated.<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g01z08.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 26.70% | 15.10% | 15.76% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 19.41% | 13.75% | 15.07% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Growth Index | 30.52% | 19.24% | 18.28% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6841216229 |
|  Total number of portfolio holdings | 65 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $24711436 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g18b81.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W342_AR_1025<br> 4950556 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Growth Fund

Class I Shares/TILHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $47 | 0.41% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Growth Fund returned 27.05% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell 1000 Growth Index, which returned 30.52%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  Security selection in the industrials sector, led by an overweight to Vertiv Holdings Co.<br>•  An underweight and security selection in the consumer staples sector, including an underweight to Costco Wholesale Corporation and a lack of exposure to PepsiCo, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by an underweight to Palantir Technologies Inc. and an out-of-benchmark position in Roper Technologies, Inc.<br>•  Security selection in the health care sector, including an out-of-benchmark position in Novo Nordisk A/S and an overweight to UnitedHealth Group Incorporated.<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g23s33.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 27.05% | 15.34% | 15.92% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.44% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Growth Index | 30.52% | 19.24% | 18.33% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6841216229 |
|  Total number of portfolio holdings | 65 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $24711436 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g10s13.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R177_AR_1025<br> 4950556 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Growth Fund

Premier Class Shares/TILPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $62 | 0.55% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Growth Fund returned 26.89% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell 1000 Growth Index, which returned 30.52%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  Security selection in the industrials sector, led by an overweight to Vertiv Holdings Co.<br>•  An underweight and security selection in the consumer staples sector, including an underweight to Costco Wholesale Corporation and a lack of exposure to PepsiCo, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by an underweight to Palantir Technologies Inc. and an out-of-benchmark position in Roper Technologies, Inc.<br>•  Security selection in the health care sector, including an out-of-benchmark position in Novo Nordisk A/S and an overweight to UnitedHealth Group Incorporated.<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g12v12.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 26.89% | 15.24% | 15.91% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Growth Index | 30.52% | 19.24% | 18.28% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6841216229 |
|  Total number of portfolio holdings | 65 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $24711436 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g25b54.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M574_AR_1025<br> 4950556 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Growth Fund

Class R6 Shares/TILGX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $45 | 0.40% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Growth Fund returned 27.12% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell 1000 Growth Index, which returned 30.52%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  Security selection in the industrials sector, led by an overweight to Vertiv Holdings Co.<br>•  An underweight and security selection in the consumer staples sector, including an underweight to Costco Wholesale Corporation and a lack of exposure to PepsiCo, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by an underweight to Palantir Technologies Inc. and an out-of-benchmark position in Roper Technologies, Inc.<br>•  Security selection in the health care sector, including an out-of-benchmark position in Novo Nordisk A/S and an overweight to UnitedHealth Group Incorporated.<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g01z20.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 27.12% | 15.42% | 16.10% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Growth Index | 30.52% | 19.24% | 18.28% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6841216229 |
|  Total number of portfolio holdings | 65 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $24711436 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g19b93.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •   financial statements and other information  •   fund holdings  •   proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W334_AR_1025<br> 4950556 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Growth Fund

Retirement Class Shares/TILRX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $74 | 0.65% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Growth Fund returned 26.76% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell 1000 Growth Index, which returned 30.52%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  Security selection in the industrials sector, led by an overweight to Vertiv Holdings Co.<br>•  An underweight and security selection in the consumer staples sector, including an underweight to Costco Wholesale Corporation and a lack of exposure to PepsiCo, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by an underweight to Palantir Technologies Inc. and an out-of-benchmark position in Roper Technologies, Inc.<br>•  Security selection in the health care sector, including an out-of-benchmark position in Novo Nordisk A/S and an overweight to UnitedHealth Group Incorporated.<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00t01.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 26.76% | 15.13% | 15.80% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Growth Index | 30.52% | 19.24% | 18.28% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6841216229 |
|  Total number of portfolio holdings | 65 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $24711436 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g18b87.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W326_AR_1025<br> 4950556 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Growth Fund

Class W Shares/TILWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Growth Fund returned 27.58% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell 1000 Growth Index, which returned 30.52%.<br>•  Top contributors to relative performance<br>•  An overweight to Broadcom Inc.<br>•  ecurity selection in the industrials sector, led by an overweight to Vertiv Holdings Co.<br>•  An underweight and security selection in the consumer staples sector, including an underweight to Costco Wholesale Corporation and a lack of exposure to PepsiCo, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by an underweight to Palantir Technologies Inc. and an out-of-benchmark position in Roper Technologies, Inc.<br>•  Security selection in the health care sector, including an out-of-benchmark position in Novo Nordisk A/S and an overweight to UnitedHealth Group Incorporated.<br>•  Security selection in the consumer discretionary sector, led by an underweight to Tesla, Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g46r10.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 27.58% | 15.88% | 15.96% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.33% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Growth Index | 30.52% | 19.24% | 18.45% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6841216229 |
|  Total number of portfolio holdings | 65 |
|  Portfolio turnover (%) | 41% |
|  Total management fees paid for the year | $24711436 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g04a64.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P189_AR_1025<br> 4950556 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Value Fund

Class A Shares/TCLCX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $75 | 0.71% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Value Fund returned 11.48% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 1000 Value Index, which returned 11.15%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by out-of-benchmark positions to TE Connectivity Plc, Lam Research Corporation and Broadcom Inc.<br>•  Security selection and an underweight in the consumer staples sector, led by an overweight to Walmart Inc. and a lack of exposure to Target Corporation.<br>•  An underweight and security selection in the real estate sector, including a lack of exposure to Equinix, Inc., Alexandria Real Estate Equities, Inc., Public Storage and an overweight to Prologis, Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, including overweights to Celanese Corporation and Smurfit WestRock Plc.<br>•  Security selection in the health care sector, led by overweights to UnitedHealth Group Incorporated, Cigna Group and Elevance Health, Inc.<br>•  An overweight to NVR, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g08y08.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 11.48% | 15.53% | 9.74% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 5.06% | 14.17% | 9.09% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Value Index | 11.15% | 14.28% | 9.97% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6200585548 |
|  Total number of portfolio holdings | 83 |
|  Portfolio turnover (%) | 17% |
|  Total management fees paid for the year | $25564306 |

---

What did the Fund invest in? (as of October 31, 2025**)**

![LOGO](g20723g1g11b11.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W466_AR_1025<br> 4950575 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Value Fund

Class I Shares/TRLHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $44 | 0.42% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Value Fund returned 11.80% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 1000 Value Index, which returned 11.15%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by out-of-benchmark positions to TE Connectivity Plc, Lam Research Corporation and Broadcom Inc.<br>•  Security selection and an underweight in the consumer staples sector, led by an overweight to Walmart Inc. and a lack of exposure to Target Corporation.<br>•  An underweight and security selection in the real estate sector, including a lack of exposure to Equinix, Inc., Alexandria Real Estate Equities, Inc., Public Storage and an overweight to Prologis, Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, including overweights to Celanese Corporation and Smurfit WestRock Plc.<br>•  Security selection in the health care sector, led by overweights to UnitedHealth Group Incorporated, Cigna Group and Elevance Health, Inc.<br>•  An overweight to NVR, Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g33p07.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 11.80% | 15.80% | 10.03% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.44% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Value Index | 11.15% | 14.28% | 10.02% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6200585548 |
|  Total number of portfolio holdings | 83 |
|  Portfolio turnover (%) | 17% |
|  Total management fees paid for the year | $25564306 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g03n40.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R169_AR_1025<br> 4950575 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Value Fund

Premier Class Shares/TRCPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $58 | 0.55% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Value Fund returned 11.70% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 1000 Value Index, which returned 11.15%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by out-of-benchmark positions to TE Connectivity Plc, Lam Research Corporation and Broadcom Inc.<br>•  Security selection and an underweight in the consumer staples sector, led by an overweight to Walmart Inc. and a lack of exposure to Target Corporation.<br>•  An underweight and security selection in the real estate sector, including a lack of exposure to Equinix, Inc., Alexandria Real Estate Equities, Inc., Public Storage and an overweight to Prologis, Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, including overweights to Celanese Corporation and Smurfit WestRock Plc.<br>•  Security selection in the health care sector, led by overweights to UnitedHealth Group Incorporated, Cigna Group and Elevance Health, Inc<br>•  An overweight to NVR, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g26z26.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 11.70% | 15.69% | 9.91% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Value Index | 11.15% | 14.28% | 9.97% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6200585548 |
|  Total number of portfolio holdings | 83 |
|  Portfolio turnover (%) | 17% |
|  Total management fees paid for the year | $25564306 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g22y29.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •   financial statements and other information  •   fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M566_AR_1025<br> 4950575 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Value Fund

Class R6 Shares/TRLIX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $42 | 0.40% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Value Fund returned 11.84% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 1000 Value Index, which returned 11.15%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by out-of-benchmark positions to TE Connectivity Plc, Lam Research Corporation and Broadcom Inc.<br>•  Security selection and an underweight in the consumer staples sector, led by an overweight to Walmart Inc. and a lack of exposure to Target Corporation.<br>•  An underweight and security selection in the real estate sector, including a lack of exposure to Equinix, Inc., Alexandria Real Estate Equities, Inc., Public Storage and an overweight to Prologis, Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, including overweights to Celanese Corporation and Smurfit WestRock Plc.<br>•  Security selection in the health care sector, led by overweights to UnitedHealth Group Incorporated, Cigna Group and Elevance Health, Inc.<br>•  An overweight to NVR, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g10k20.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 11.84% | 15.87% | 10.07% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Value Index | 11.15% | 14.28% | 9.97% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6200585548 |
|  Total number of portfolio holdings | 83 |
|  Portfolio turnover (%) | 17% |
|  Total management fees paid for the year | $25564306 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g02b15.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W730_AR_1025<br> 4950575 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Value Fund

Retirement Class Shares/TRLCX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $69 | 0.65% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Value Fund returned 11.56% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 1000 Value Index, which returned 11.15%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by out-of-benchmark positions to TE Connectivity Plc, Lam Research Corporation and Broadcom Inc.<br>•  Security selection and an underweight in the consumer staples sector, led by an overweight to Walmart Inc. and a lack of exposure to Target Corporation.<br>•  An underweight and security selection in the real estate sector, including a lack of exposure to Equinix, Inc., Alexandria Real Estate Equities, Inc., Public Storage and an overweight to Prologis, Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, including overweights to Celanese Corporation and Smurfit WestRock Plc.<br>•  Security selection in the health care sector, led by overweights to UnitedHealth Group Incorporated, Cigna Group and Elevance Health, Inc.<br>•  An overweight to NVR, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g11k40.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 11.56% | 15.59% | 9.80% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Value Index | 11.15% | 14.28% | 9.97% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6200585548 |
|  Total number of portfolio holdings | 83 |
|  Portfolio turnover (%) | 17% |
|  Total management fees paid for the year | $25564306 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g11b17.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W722_AR_1025<br> 4950575 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Value Fund

Class W Shares/TRLWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Value Fund returned 12.28% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 1000 Value Index, which returned 11.15%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by out-of-benchmark positions to TE Connectivity Plc, Lam Research Corporation and Broadcom Inc.<br>•  Security selection and an underweight in the consumer staples sector, led by an overweight to Walmart Inc. and a lack of exposure to Target Corporation.<br>•  An underweight and security selection in the real estate sector, including a lack of exposure to Equinix, Inc., Alexandria Real Estate Equities, Inc., Public Storage and an overweight to Prologis, Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, including overweights to Celanese Corporation and Smurfit WestRock Plc.<br>•  Security selection in the health care sector, led by overweights to UnitedHealth Group Incorporated, Cigna Group and Elevance Health, Inc.<br>•  An overweight to NVR, Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**![LOGO](g20723g1g45r10.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 12.28% | 16.34% | 10.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.33% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Value Index | 11.15% | 14.28% | 9.47% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6200585548 |
|  Total number of portfolio holdings | 83 |
|  Portfolio turnover (%) | 17% |
|  Total management fees paid for the year | $25564306 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g04a54.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of large-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P171_AR_1025<br> 4950575 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Mid Cap Growth Fund

(Formerly known as Nuveen Mid Cap Growth Fund)

Class A Shares/TCMGX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Quant Mid Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $88 | 0.82% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Mid Cap Growth Fund returned 14.25% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the Russell Mid Cap Growth Index, which returned 19.59%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Vertiv Holdings Co., BWX Technologies, Inc., Comfort Systems USA, Inc. and EMCOR Group, Inc.<br>•  An overweight to Ubiquiti Inc.<br>•  Security selection in the communication services sector, led by an overweight to Reddit, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by underweights to Palantir Technologies Inc., AppLovin Corporation and Cloudflare, Inc.<br>•  Security selection and an underweight in the health care sector, including an overweight to West Pharmaceutical Services, Inc. and a lack of exposure to Insmed Incorporated.<br>•  An out-of-benchmark position in Cimpress Plc.<br>•  Security selection in the financials sector, including an underweight to Coinbase Global, Inc. and overweights to Brown & Brown, Inc. and Morningstar, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g01g27.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 14.25% | 3.70% | 8.02% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 7.67% | 2.48% | 7.38% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell Midcap<sup>®</sup> Growth Index | 19.59% | 11.17% | 12.65% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $782105674 |
|  Total number of portfolio holdings | 104 |
|  Portfolio turnover (%) | 171% |
|  Total management fees paid for the year | $4138802 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g11b31.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Name change:** Effective March 1, 2025, the Fund's name changed from Nuveen Mid Cap Growth Fund to Nuveen Quant Mid Cap Growth Fund.

• **Portfolio manager updates:** Effective March 1, 2025, Terry Kontos, Casey Weston and Bihag Patel were removed as portfolio managers of the Fund and Pei Chen, Max Kozlov, CFA and Yuchang (Charles) Huang, CFA were added as portfolio managers of the Fund.

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of mid-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W870_AR_1025<br> 4950589 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Mid Cap Growth Fund

(Formerly known as Nuveen Mid Cap Growth Fund)

Class I Shares/TCMHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Quant Mid Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $64 | 0.60% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Mid Cap Growth Fund returned 14.59% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the Russell Mid Cap Growth Index, which returned 19.59%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Vertiv Holdings Co., BWX Technologies, Inc., Comfort Systems USA, Inc. and EMCOR Group, Inc.<br>•  An overweight to Ubiquiti Inc.<br>•  Security selection in the communication services sector, led by an overweight to Reddit, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by underweights to Palantir Technologies Inc., AppLovin Corporation and Cloudflare, Inc.<br>•  Security selection and an underweight in the health care sector, including an overweight to West Pharmaceutical Services, Inc. and a lack of exposure to Insmed Incorporated.<br>•  An out-of-benchmark position in Cimpress Plc.<br>•  Security selection in the financials sector, including an underweight to Coinbase Global, Inc. and overweights to Brown & Brown, Inc. and Morningstar, Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g34p03.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 14.59% | 3.90% | 8.23% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.12% |
| &nbsp;&nbsp;&nbsp; Russell Midcap<sup>®</sup> Growth Index | 19.59% | 11.17% | 12.74% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $782105674 |
|  Total number of portfolio holdings | 104 |
|  Portfolio turnover (%) | 171% |
|  Total management fees paid for the year | $4138802 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g03n47.jpg)

How has the Fund changed?

• **Name change:** Effective March 1, 2025, the Fund's name changed from Nuveen Mid Cap Growth Fund to Nuveen Quant Mid Cap Growth Fund.

• **Portfolio manager updates:** Effective March 1, 2025, Terry Kontos, Casey Weston and Bihag Patel were removed as portfolio managers of the Fund and Pei Chen, Max Kozlov, CFA and Yuchang (Charles) Huang, CFA were added as portfolio managers of the Fund.

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of mid-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R151_AR_1025<br> 4950589 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Mid Cap Growth Fund

(Formerly known as Nuveen Mid Cap Growth Fund)

Premier Class Shares/TRGPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Quant Mid Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $70 | 0.65% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Mid Cap Growth Fund returned 14.48% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the Russell Mid Cap Growth Index, which returned 19.59%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Vertiv Holdings Co., BWX Technologies, Inc., Comfort Systems USA, Inc. and EMCOR Group, Inc.<br>•  An overweight to Ubiquiti Inc.<br>•  Security selection in the communication services sector, led by an overweight to Reddit, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by underweights to Palantir Technologies Inc., AppLovin Corporation and Cloudflare, Inc.<br>•  Security selection and an underweight in the health care sector, including an overweight to West Pharmaceutical Services, Inc. and a lack of exposure to Insmed Incorporated.<br>•  An out-of-benchmark position in Cimpress Plc.<br>•  Security selection in the financials sector, including an underweight to Coinbase Global, Inc. and overweights to Brown & Brown, Inc. and Morningstar, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g06d83.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 14.48% | 3.84% | 8.18% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell Midcap<sup>®</sup> Growth Index | 19.59% | 11.17% | 12.65% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $782105674 |
|  Total number of portfolio holdings | 104 |
|  Portfolio turnover (%) | 171% |
|  Total management fees paid for the year | $4138802 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g23f60.jpg)

How has the Fund changed?

• **Name change:** Effective March 1, 2025, the Fund's name changed from Nuveen Mid Cap Growth Fund to Nuveen Quant Mid Cap Growth Fund.

• **Portfolio manager updates:** Effective March 1, 2025, Terry Kontos, Casey Weston and Bihag Patel were removed as portfolio managers of the Fund and Pei Chen, Max Kozlov, CFA and Yuchang (Charles) Huang, CFA were added as portfolio managers of the Fund.

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of mid-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •   financial statements and other information  •   fund holdings  •   proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M558_AR_1025<br> 4950589 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Mid Cap Growth Fund

(Formerly known as Nuveen Mid Cap Growth Fund)

Class R6 Shares/TRPWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Quant Mid Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $54 | 0.50% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Mid Cap Growth Fund returned 14.63% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the Russell Mid Cap Growth Index, which returned 19.59%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Vertiv Holdings Co., BWX Technologies, Inc., Comfort Systems USA, Inc. and EMCOR Group, Inc.<br>•  An overweight to Ubiquiti Inc.<br>•  Security selection in the communication services sector, led by an overweight to Reddit, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by underweights to Palantir Technologies Inc., AppLovin Corporation and Cloudflare, Inc.<br>•  Security selection and an underweight in the health care sector, including an overweight to West Pharmaceutical Services, Inc. and a lack of exposure to Insmed Incorporated.<br>•  An out-of-benchmark position in Cimpress Plc.<br>•  Security selection in the financials sector, including an underweight to Coinbase Global, Inc. and overweights to Brown & Brown, Inc. and Morningstar, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g12k00.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 14.63% | 4.00% | 8.34% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell Midcap<sup>®</sup> Growth Index | 19.59% | 11.17% | 12.65% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $782105674 |
|  Total number of portfolio holdings | 104 |
|  Portfolio turnover (%) | 171% |
|  Total management fees paid for the year | $4138802 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g11b24.jpg)

How has the Fund changed?

• **Name change:** Effective March 1, 2025, the Fund's name changed from Nuveen Mid Cap Growth Fund to Nuveen Quant Mid Cap Growth Fund.

• **Portfolio manager updates:** Effective March 1, 2025, Terry Kontos, Casey Weston and Bihag Patel were removed as portfolio managers of the Fund and Pei Chen, Max Kozlov, CFA and Yuchang (Charles) Huang, CFA were added as portfolio managers of the Fund.

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of mid-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W805_AR_1025<br> 4950589 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Mid Cap Growth Fund

(Formerly known as Nuveen Mid Cap Growth Fund)

Retirement Class Shares/TRGMX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Quant Mid Cap Growth Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.

#### &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $80 | 0.75% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Mid Cap Growth Fund returned 14.40% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly underperformed the Russell Mid Cap Growth Index, which returned 19.59%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Vertiv Holdings Co., BWX Technologies, Inc., Comfort Systems USA, Inc. and EMCOR Group, Inc.<br>•  An overweight to Ubiquiti Inc.<br>•  Security selection in the communication services sector, led by an overweight to Reddit, Inc.<br>•  Top detractors from relative performance<br>•  Security selection and an underweight in the information technology sector, led by underweights to Palantir Technologies Inc., AppLovin Corporation and Cloudflare, Inc.<br>•  Security selection and an underweight in the health care sector, including an overweight to West Pharmaceutical Services, Inc. and a lack of exposure to Insmed Incorporated.<br>•  An out-of-benchmark position in Cimpress Plc.<br>•  Security selection in the financials sector, including an underweight to Coinbase Global, Inc. and overweights to Brown & Brown, Inc. and Morningstar, Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g13k40.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 14.40% | 3.74% | 8.07% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell Midcap<sup>®</sup> Growth Index | 19.59% | 11.17% | 12.65% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $782105674 |
|  Total number of portfolio holdings | 104 |
|  Portfolio turnover (%) | 171% |
|  Total management fees paid for the year | $4138802 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g11b38.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Name change:** Effective March 1, 2025, the Fund's name changed from Nuveen Mid Cap Growth Fund to Nuveen Quant Mid Cap Growth Fund.

• **Portfolio manager updates:** Effective March 1, 2025, Terry Kontos, Casey Weston and Bihag Patel were removed as portfolio managers of the Fund and Pei Chen, Max Kozlov, CFA and Yuchang (Charles) Huang, CFA were added as portfolio managers of the Fund.

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of mid-capitalization growth companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at** https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W888_AR_1025<br> 4950589 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Mid Cap Value Fund

Class A Shares/TCMVX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Mid Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $80 | 0.78% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Mid Cap Value Fund returned 6.36% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell Mid Cap Value Index, which returned 7.86%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Elanco Animal Health Incorporated.<br>•  An overweight to Ciena Corporation.<br>•  Security selection in the industrials sector, including overweights to nVent Electric Plc, WESCO International, Inc. and ITT Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, led by a lack of exposure to Robinhood Markets, Inc. and overweights to Fidelity National Information Services, Inc. and Jefferies Financial Group Inc.<br>•  Security selection in the information technology sector, including a lack of exposure to Western Digital Corporation and Corning Incorporated and overweights to Onto Innovation Inc. and Microchip Technology Incorporated.<br>•  An overweight to Westlake Corporation.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g01g47.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 6.36% | 13.86% | 7.67% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 0.26% | 12.51% | 7.03% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell Midcap<sup>®</sup> Value Index | 7.86% | 13.23% | 9.20% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1574458171 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 28% |
|  Total management fees paid for the year | $7625778 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g15b51.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of mid-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W847_AR_1025<br> 4950597 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Mid Cap Value Fund

Class I Shares/TRVHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Mid Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $59 | 0.57% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Mid Cap Value Fund returned 6.54% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell Mid Cap Value Index, which returned 7.86%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Elanco Animal Health Incorporated.<br>•  An overweight to Ciena Corporation.<br>•  Security selection in the industrials sector, including overweights to nVent Electric Plc, WESCO International, Inc. and ITT Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, led by a lack of exposure to Robinhood Markets, Inc. and overweights to Fidelity National Information Services, Inc. and Jefferies Financial Group Inc.<br>•  Security selection in the information technology sector, including a lack of exposure to Western Digital Corporation and Corning Incorporated and overweights to Onto Innovation Inc. and Microchip Technology Incorporated.<br>•  An overweight to Westlake Corporation.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g34p09.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 6.54% | 14.07% | 8.00% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.12% |
| &nbsp;&nbsp;&nbsp; Russell Midcap<sup>®</sup> Value Index | 7.86% | 13.23% | 9.31% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1574458171 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 28% |
|  Total management fees paid for the year | $7625778 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g03n52.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of mid-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R144_AR_1025<br> 4950597 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

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Nuveen Mid Cap Value Fund

Premier Class Shares/TRVPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Mid Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $63 | 0.61% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Mid Cap Value Fund returned 6.54% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell Mid Cap Value Index, which returned 7.86%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Elanco Animal Health Incorporated.<br>•  An overweight to Ciena Corporation.<br>•  Security selection in the industrials sector, including overweights to nVent Electric Plc, WESCO International, Inc. and ITT Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, led by a lack of exposure to Robinhood Markets, Inc. and overweights to Fidelity National Information Services, Inc. and Jefferies Financial Group Inc.<br>•  Security selection in the information technology sector, including a lack of exposure to Western Digital Corporation and Corning Incorporated and overweights to Onto Innovation Inc. and Microchip Technology Incorporated.<br>•  An overweight to Westlake Corporation.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g02a39.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 6.54% | 14.01% | 7.83% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell Midcap<sup>®</sup> Value Index | 7.86% | 13.23% | 9.20% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1574458171 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 28% |
|  Total management fees paid for the year | $7625778 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g24b42.jpg)

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of mid-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •   financial statements and other information  •   fund holdings  •   proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M541_AR_1025<br> 4950597 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

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Nuveen Mid Cap Value Fund

Class R6 Shares/TIMVX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Mid Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $48 | 0.46% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Mid Cap Value Fund returned 6.71% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell Mid Cap Value Index, which returned 7.86%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Elanco Animal Health Incorporated.<br>•  An overweight to Ciena Corporation.<br>•  Security selection in the industrials sector, including overweights to nVent Electric Plc, WESCO International, Inc. and ITT Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, led by a lack of exposure to Robinhood Markets, Inc. and overweights to Fidelity National Information Services, Inc. and Jefferies Financial Group Inc.<br>•  Security selection in the information technology sector, including a lack of exposure to Western Digital Corporation and Corning Incorporated and overweights to Onto Innovation Inc. and Microchip Technology Incorporated.<br>•  An overweight to Westlake Corporation.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g41z41.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 6.71% | 14.20% | 8.00% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell Midcap<sup>®</sup> Value Index | 7.86% | 13.23% | 9.20% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1574458171 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 28% |
|  Total management fees paid for the year | $7625778 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g11b44.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of mid-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W862_AR_1025<br> 4950597 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

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Nuveen Mid Cap Value Fund

Retirement Class Shares/TRVRX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Mid Cap Value Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $73 | 0.71% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Mid Cap Value Fund returned 6.43% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the Russell Mid Cap Value Index, which returned 7.86%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Elanco Animal Health Incorporated.<br>•  An overweight to Ciena Corporation.<br>•  Security selection in the industrials sector, including overweights to nVent Electric Plc, WESCO International, Inc. and ITT Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, led by a lack of exposure to Robinhood Markets, Inc. and overweights to Fidelity National Information Services, Inc. and Jefferies Financial Group Inc.<br>•  Security selection in the information technology sector, including a lack of exposure to Western Digital Corporation and Corning Incorporated and overweights to Onto Innovation Inc. and Microchip Technology Incorporated.<br>•  An overweight to Westlake Corporation.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g01a53.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 6.43% | 13.91% | 7.73% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell Midcap<sup>®</sup> Value Index | 7.86% | 13.23% | 9.20% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1574458171 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 28% |
|  Total management fees paid for the year | $7625778 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g15b56.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Investment policy change:** Effective March 1, 2025, the Fund changed its non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940 to the following:

Under normal circumstances, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of mid-capitalization value companies.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W854_AR_1025<br> 4950597 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

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Nuveen Quant Small Cap Equity Fund

Class A Shares/TCSEX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $80 | 0.74% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small Cap Equity Fund returned 15.34% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 2000 Index, which returned 14.41%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Bloom Energy Corporation and Nextracker Inc.<br>•  Security selection in the financials sector, led by an overweight to Dave, Inc.<br>•  Security selection in the health care sector, led by overweights to Hims & Hers Health, Inc. and Insmed Incorporated.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, including underweights to Rigetti Computing, Inc. and IonQ, Inc.<br>•  Lack of exposure to Kratos Defense & Security Solutions, Inc.<br>•  Security selection in utilities, led by a lack of exposure to Oklo Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g01a65.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 15.34% | 16.13% | 10.34% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 8.69% | 14.76% | 9.69% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell 2000<sup>®</sup> Index | 14.41% | 11.50% | 9.36% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3395622923 |
|  Total number of portfolio holdings | 386 |
|  Portfolio turnover (%) | 76% |
|  Total management fees paid for the year | $13466074 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g16b69.jpg)

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W813_AR_1025<br> 4950610 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Class I Shares/TSCHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $47 | 0.44% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small Cap Equity Fund returned 15.70% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 2000 Index, which returned 14.41%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Bloom Energy Corporation and Nextracker Inc.<br>•  Security selection in the financials sector, led by an overweight to Dave, Inc.<br>•  Security selection in the health care sector, led by overweights to Hims & Hers Health, Inc. and Insmed Incorporated.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, including underweights to Rigetti Computing, Inc. and IonQ, Inc.<br>•  Lack of exposure to Kratos Defense & Security Solutions, Inc.<br>•  Security selection in utilities, led by a lack of exposure to Oklo Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g39y12.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 15.70% | 16.42% | 10.43% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.12% |
| &nbsp;&nbsp;&nbsp; Russell 2000<sup>®</sup> Index | 14.41% | 11.50% | 9.23% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3395622923 |
|  Total number of portfolio holdings | 386 |
|  Portfolio turnover (%) | 76% |
|  Total management fees paid for the year | $13466074 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g24d05.jpg)

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R136_AR_1025<br> 4950610 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Premier Class Shares/TSRPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $59 | 0.55% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small Cap Equity Fund returned 15.54% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 2000 Index, which returned 14.41%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Bloom Energy Corporation and Nextracker Inc.<br>•  Security selection in the financials sector, led by an overweight to Dave, Inc.<br>•  Security selection in the health care sector, led by overweights to Hims & Hers Health, Inc. and Insmed Incorporated.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, including underweights to Rigetti Computing, Inc. and IonQ, Inc.<br>•  Lack of exposure to Kratos Defense & Security Solutions, Inc.<br>•  Security selection in utilities, led by a lack of exposure to Oklo Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g02a45.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 15.54% | 16.31% | 10.50% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell 2000<sup>®</sup> Index | 14.41% | 11.50% | 9.36% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3395622923 |
|  Total number of portfolio holdings | 386 |
|  Portfolio turnover (%) | 76% |
|  Total management fees paid for the year | $13466074 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g24b48.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M533_AR_1025<br> 4950610 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Class R6 Shares/TISEX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $43 | 0.40% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small Cap Equity Fund returned 15.73% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 2000 Index, which returned 14.41%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Bloom Energy Corporation and Nextracker Inc.<br>•  Security selection in the financials sector, led by an overweight to Dave, Inc.<br>•  Security selection in the health care sector, led by overweights to Hims & Hers Health, Inc. and Insmed Incorporated.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, including underweights to Rigetti Computing, Inc. and IonQ, Inc.<br>•  Lack of exposure to Kratos Defense & Security Solutions, Inc.<br>•  Security selection in utilities, led by a lack of exposure to Oklo Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g01a59.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 15.73% | 16.48% | 10.66% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell 2000<sup>®</sup> Index | 14.41% | 11.50% | 9.36% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3395622923 |
|  Total number of portfolio holdings | 386 |
|  Portfolio turnover (%) | 76% |
|  Total management fees paid for the year | $13466074 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g16b62.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W839_AR_1025<br> 4950610 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Retirement Class Shares/TRSEX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $70 | 0.65% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small Cap Equity Fund returned 15.42% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 2000 Index, which returned 14.41%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Bloom Energy Corporation and Nextracker Inc.<br>•  Security selection in the financials sector, led by an overweight to Dave, Inc.<br>•  Security selection in the health care sector, led by overweights to Hims & Hers Health, Inc. and Insmed Incorporated.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, including underweights to Rigetti Computing, Inc. and IonQ, Inc.<br>•  Lack of exposure to Kratos Defense & Security Solutions, Inc.<br>•  Security selection in utilities, led by a lack of exposure to Oklo Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g01a71.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 15.42% | 16.18% | 10.38% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell 2000<sup>®</sup> Index | 14.41% | 11.50% | 9.36% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3395622923 |
|  Total number of portfolio holdings | 386 |
|  Portfolio turnover (%) | 76% |
|  Total management fees paid for the year | $13466074 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g17b74.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W821_AR_1025<br> 4950610 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Class W Shares/TSCWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small Cap Equity Fund returned 16.19% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the Russell 2000 Index, which returned 14.41%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, including overweights to Bloom Energy Corporation and Nextracker Inc.<br>•  Security selection in the financials sector, led by an overweight to Dave, Inc.<br>•  Security selection in the health care sector, led by overweights to Hims & Hers Health, Inc. and Insmed Incorporated.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, including underweights to Rigetti Computing, Inc. and IonQ, Inc.<br>•  Lack of exposure to Kratos Defense & Security Solutions, Inc.<br>•  Security selection in utilities, led by a lack of exposure to Oklo Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g04p56.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 16.19% | 16.96% | 9.61% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 13.87% |
| &nbsp;&nbsp;&nbsp; Russell 2000<sup>®</sup> Index | 14.41% | 11.50% | 6.94% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3395622923 |
|  Total number of portfolio holdings | 386 |
|  Portfolio turnover (%) | 76% |
|  Total management fees paid for the year | $13466074 |

---

What did the Fund invest in? (as of October 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g20723g1g04a59.jpg)

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P148_AR_1025<br> 4950610 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Class A Shares/TSMEX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $84 | 0.77% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small/Mid Cap Equity Fund returned 17.89% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the Russell 2500 Index, which returned 11.94%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, including overweights to Credo Technology Group Holding Ltd, Rigetti Computing, Inc. and TTM Technologies, Inc and an out-of-benchmark position in AppLovin Corporation.<br>•  Security selection in the financials sector, led by overweights to Robinhood Markets, Inc. and SoFi Technologies, Inc.<br>•  Security selection in the industrials sector, led by overweights to Primoris Services Corporation and Comfort Systems USA, Inc.<br>•  An overweight to Hims & Hers Health, Inc.<br>•  Top detractors from relative performance<br>•  Lack of exposure to Insmed Incorporated.<br>•  Security selection in the communication services sector, led by a lack of exposure to AST Spacemobile, Inc.<br>•  Lack of exposure to Rocket Lab Corporation.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 5, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g04p06.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (8/5/16)** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 17.89% | 17.41% | 13.28% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 11.11% | 16.04% | 12.56% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.53% |
| &nbsp;&nbsp;&nbsp; Russell 2500<sup>™</sup> Index | 11.94% | 11.84% | 10.01% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1947892218 |
|  Total number of portfolio holdings | 362 |
|  Portfolio turnover (%) | 89% |
|  Total management fees paid for the year | $6688620 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g72q99.jpg)

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P544_AR_1025<br> 4950619 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Class I Shares/TSMNX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $59 | 0.54% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small/Mid Cap Equity Fund returned 18.17% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the Russell 2500 Index, which returned 11.94%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, including overweights to Credo Technology Group Holding Ltd, Rigetti Computing, Inc. and TTM Technologies, Inc and an out-of-benchmark position in AppLovin Corporation.<br>•  Security selection in the financials sector, led by overweights to Robinhood Markets, Inc. and SoFi Technologies, Inc.<br>•  Security selection in the industrials sector, led by overweights to Primoris Services Corporation and Comfort Systems USA, Inc.<br>•  An overweight to Hims & Hers Health, Inc.<br>•  Top detractors from relative performance<br>•  Lack of exposure to Insmed Incorporated.<br>•  Security selection in the communication services sector, led by a lack of exposure to AST Spacemobile, Inc.<br>•  Lack of exposure to Rocket Lab Corporation.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 5, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g97v45.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (8/5/16)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 18.17% | 17.68% | 13.61% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.53% |
| &nbsp;&nbsp;&nbsp; Russell 2500<sup>™</sup> Index | 11.94% | 11.84% | 10.01% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1947892218 |
|  Total number of portfolio holdings | 362 |
|  Portfolio turnover (%) | 89% |
|  Total management fees paid for the year | $6688620 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g75k62.jpg)

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P577_AR_1025<br> 4950619 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Premier Class Shares/TSMMX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $68 | 0.62% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small/Mid Cap Equity Fund returned 18.06% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the Russell 2500 Index, which returned 11.94%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, including overweights to Credo Technology Group Holding Ltd, Rigetti Computing, Inc. and TTM Technologies, Inc and an out-of-benchmark position in AppLovin Corporation.<br>•  Security selection in the financials sector, led by overweights to Robinhood Markets, Inc. and SoFi Technologies, Inc.<br>•  Security selection in the industrials sector, led by overweights to Primoris Services Corporation and Comfort Systems USA, Inc.<br>•  An overweight to Hims & Hers Health, Inc.<br>•  Top detractors from relative performance<br>•  Lack of exposure to Insmed Incorporated.<br>•  Security selection in the communication services sector, led by a lack of exposure to AST Spacemobile, Inc.<br>•  Lack of exposure to Rocket Lab Corporation.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 5, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g04p00.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (8/5/16)** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 18.06% | 17.61% | 13.50% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.53% |
| &nbsp;&nbsp;&nbsp; Russell 2500<sup>™</sup> Index | 11.94% | 11.84% | 10.01% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1947892218 |
|  Total number of portfolio holdings | 362 |
|  Portfolio turnover (%) | 89% |
|  Total management fees paid for the year | $6688620 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g45q76.jpg)

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P569_AR_1025<br> 4950619 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Class R6 Shares/TSMWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $50 | 0.46% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small/Mid Cap Equity Fund returned 18.17% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the Russell 2500 Index, which returned 11.94%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, including overweights to Credo Technology Group Holding Ltd, Rigetti Computing, Inc. and TTM Technologies, Inc and an out-of-benchmark position in AppLovin Corporation.<br>•  Security selection in the financials sector, led by overweights to Robinhood Markets, Inc. and SoFi Technologies, Inc.<br>•  Security selection in the industrials sector, led by overweights to Primoris Services Corporation and Comfort Systems USA, Inc.<br>•  An overweight to Hims & Hers Health, Inc.<br>•  Top detractors from relative performance<br>•  Lack of exposure to Insmed Incorporated.<br>•  Security selection in the communication services sector, led by a lack of exposure to AST Spacemobile, Inc.<br>•  Lack of exposure to Rocket Lab Corporation.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 5, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g39p04.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (8/5/16)** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 18.17% | 17.80% | 13.68% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.53% |
| &nbsp;&nbsp;&nbsp; Russell 2500<sup>™</sup> Index | 11.94% | 11.84% | 10.01% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1947892218 |
|  Total number of portfolio holdings | 362 |
|  Portfolio turnover (%) | 89% |
|  Total management fees paid for the year | $6688620 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g03n97.jpg)

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P585_AR_1025<br> 4950619 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Retirement Class Shares/TSMOX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $75 | 0.69% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small/Mid Cap Equity Fund returned 17.91% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the Russell 2500 Index, which returned 11.94%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, including overweights to Credo Technology Group Holding Ltd, Rigetti Computing, Inc. and TTM Technologies, Inc and an out-of-benchmark position in AppLovin Corporation.<br>•  Security selection in the financials sector, led by overweights to Robinhood Markets, Inc. and SoFi Technologies, Inc.<br>•  Security selection in the industrials sector, led by overweights to Primoris Services Corporation and Comfort Systems USA, Inc.<br>•  An overweight to Hims & Hers Health, Inc.<br>•  Top detractors from relative performance<br>•  Lack of exposure to Insmed Incorporated.<br>•  Security selection in the communication services sector, led by a lack of exposure to AST Spacemobile, Inc.<br>•  Lack of exposure to Rocket Lab Corporation.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (August 5, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g08b43.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (8/5/16)** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 17.91% | 17.51% | 13.40% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.53% |
| &nbsp;&nbsp;&nbsp; Russell 2500<sup>™</sup> Index | 11.94% | 11.84% | 10.01% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1947892218 |
|  Total number of portfolio holdings | 362 |
|  Portfolio turnover (%) | 89% |
|  Total management fees paid for the year | $6688620 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g42r61.jpg)

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P551_AR_1025<br> 4950619 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Class W Shares/TSMUX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant Small/Mid Cap Equity Fund returned 18.78% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the Russell 2500 Index, which returned 11.94%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, including overweights to Credo Technology Group Holding Ltd, Rigetti Computing, Inc. and TTM Technologies, Inc and an out-of-benchmark position in AppLovin Corporation.<br>•  Security selection in the financials sector, led by overweights to Robinhood Markets, Inc. and SoFi Technologies, Inc.<br>•  Security selection in the industrials sector, led by overweights to Primoris Services Corporation and Comfort Systems USA, Inc.<br>•  An overweight to Hims & Hers Health, Inc.<br>•  Top detractors from relative performance<br>•  Lack of exposure to Insmed Incorporated.<br>•  Security selection in the communication services sector, led by a lack of exposure to AST Spacemobile, Inc.<br>•  Lack of exposure to Rocket Lab Corporation.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g47r70.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 18.78% | 18.36% | 12.57% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 13.87% |
| &nbsp;&nbsp;&nbsp; Russell 2500<sup>™</sup> Index | 11.94% | 11.84% | 8.19% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1947892218 |
|  Total number of portfolio holdings | 362 |
|  Portfolio turnover (%) | 89% |
|  Total management fees paid for the year | $6688620 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g04a80.jpg)

How has the Fund changed?

• **Portfolio manager update:** Effective March 1, 2025, Nan Zhang was added as a portfolio manager of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P130_AR_1025<br> 4950619 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Responsible Equity Fund

Class A Shares/TICRX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Large Cap Responsible Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.

#### &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $50 | 0.46% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Responsible Equity Fund returned 17.58% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the S&P 500 Index, which returned 21.45%. The Fund utilizes environmental, social and governance (ESG) criteria, while the benchmark does not.<br>•  Top contributors to relative performance<br>•  Security selection in the financials sector, led by a lack of exposure to Berkshire Hathaway Inc. and an overweight to Goldman Sachs Group, Inc.<br>•  An overweight to Advanced Micro Devices, Inc.<br>•  Security selection in the materials sector, led by an overweight to Newmont Corporation.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, led by a lack of exposure to Broadcom Inc. and Palantir Technologies Inc and an overweight to Adobe Inc.<br>•  Security selection and an underweight in the communication services sector, including a lack of exposure to Alphabet Inc. and an overweight to Comcast Corporation.<br>•  Security selection in the industrials sector, including overweights to Ingersoll Rand Inc. and Copart, Inc. and an underweight to GE Vernova Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g20s01.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 17.58% | 15.10% | 13.14% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 10.81% | 13.75% | 12.47% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.64% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6604965934 |
|  Total number of portfolio holdings | 128 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $9962122 |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g02b03.jpg)

How has the Fund changed?

• **Fund reorganization:** Effective after the close of business on December 13, 2024, Nuveen Social Choice Low Carbon Equity Fund reorganized into the Nuveen Large Cap Responsible Equity Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information  •   fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315738_AR_1025<br> 4950629 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

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Nuveen Large Cap Responsible Equity Fund

Class I Shares/TICHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Large Cap Responsible Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $24 | 0.22% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Responsible Equity Fund returned 17.90% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the S&P 500 Index, which returned 21.45%. The Fund utilizes environmental, social and governance (ESG) criteria, while the benchmark does not.<br>•  Top contributors to relative performance<br>•  Security selection in the financials sector, led by a lack of exposure to Berkshire Hathaway Inc. and an overweight to Goldman Sachs Group, Inc.<br>•  An overweight to Advanced Micro Devices, Inc.<br>•  Security selection in the materials sector, led by an overweight to Newmont Corporation.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, led by a lack of exposure to Broadcom Inc. and Palantir Technologies Inc and an overweight to Adobe Inc.<br>•  Security selection and an underweight in the communication services sector, including a lack of exposure to Alphabet Inc. and an overweight to Comcast Corporation.<br>•  Security selection in the industrials sector, including overweights to Ingersoll Rand Inc. and Copart, Inc. and an underweight to GE Vernova Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g03a27.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 17.90% | 15.32% | 13.46% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.68% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6604965934 |
|  Total number of portfolio holdings | 128 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $9962122 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g03a29.jpg)

How has the Fund changed?

• **Fund reorganization:** Effective after the close of business on December 13, 2024, Nuveen Social Choice Low Carbon Equity Fund reorganized into the Nuveen Large Cap Responsible Equity Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R128_AR_1025<br> 4950629 | ![LOGO](g20723g1g85u20.jpg) |

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3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

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Nuveen Large Cap Responsible Equity Fund

Premier Class Shares/TRPSX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Large Cap Responsible Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.

#### &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $35 | 0.32% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Responsible Equity Fund returned 17.76% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the S&P 500 Index, which returned 21.45%. The Fund utilizes environmental, social and governance (ESG) criteria, while the benchmark does not.<br>•  Top contributors to relative performance<br>•  Security selection in the financials sector, led by a lack of exposure to Berkshire Hathaway Inc. and an overweight to Goldman Sachs Group, Inc.<br>•  An overweight to Advanced Micro Devices, Inc.<br>•  Security selection in the materials sector, led by an overweight to Newmont Corporation.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, led by a lack of exposure to Broadcom Inc. and Palantir Technologies Inc and an overweight to Adobe Inc.<br>•  Security selection and an underweight in the communication services sector, including a lack of exposure to Alphabet Inc. and an overweight to Comcast Corporation.<br>•  Security selection in the industrials sector, including overweights to Ingersoll Rand Inc. and Copart, Inc. and an underweight to GE Vernova Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g02a16.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 17.76% | 15.22% | 13.27% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.64% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6604965934 |
|  Total number of portfolio holdings | 128 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $9962122 |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g02b18.jpg)

How has the Fund changed?

• **Fund reorganization:** Effective after the close of business on December 13, 2024, Nuveen Social Choice Low Carbon Equity Fund reorganized into the Nuveen Large Cap Responsible Equity Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •   financial statements and other information  •   fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M517_AR_1025<br> 4950629 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

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Nuveen Large Cap Responsible Equity Fund

Class R6 Shares/TISCX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Large Cap Responsible Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $19 | 0.17% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Responsible Equity Fund returned 17.93% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the S&P 500 Index, which returned 21.45%. The Fund utilizes environmental, social and governance (ESG) criteria, while the benchmark does not.<br>•  Top contributors to relative performance<br>•  Security selection in the financials sector, led by a lack of exposure to Berkshire Hathaway Inc. and an overweight to Goldman Sachs Group, Inc.<br>•  An overweight to Advanced Micro Devices, Inc.<br>•  Security selection in the materials sector, led by an overweight to Newmont Corporation.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, led by a lack of exposure to Broadcom Inc. and Palantir Technologies Inc and an overweight to Adobe Inc.<br>•  Security selection and an underweight in the communication services sector, including a lack of exposure to Alphabet Inc. and an overweight to Comcast Corporation.<br>•  Security selection in the industrials sector, including overweights to Ingersoll Rand Inc. and Copart, Inc. and an underweight to GE Vernova Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00a82.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 17.93% | 15.40% | 13.45% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.64% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6604965934 |
|  Total number of portfolio holdings | 128 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $9962122 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00a84.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Fund reorganization:** Effective after the close of business on December 13, 2024, Nuveen Social Choice Low Carbon Equity Fund reorganized into the Nuveen Large Cap Responsible Equity Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W300_AR_1025<br> 4950629 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

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Nuveen Large Cap Responsible Equity Fund

Retirement Class Shares/TRSCX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Large Cap Responsible Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $46 | 0.42% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Responsible Equity Fund returned 17.61% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the S&P 500 Index, which returned 21.45%. The Fund utilizes environmental, social and governance (ESG) criteria, while the benchmark does not.<br>•  Top contributors to relative performance<br>•  Security selection in the financials sector, led by a lack of exposure to Berkshire Hathaway Inc. and an overweight to Goldman Sachs Group, Inc.<br>•  An overweight to Advanced Micro Devices, Inc.<br>•  Security selection in the materials sector, led by an overweight to Newmont Corporation.<br>•  Top detractors from relative performance<br>•  Security selection in the information technology sector, led by a lack of exposure to Broadcom Inc. and Palantir Technologies Inc and an overweight to Adobe Inc.<br>•  Security selection and an underweight in the communication services sector, including a lack of exposure to Alphabet Inc. and an overweight to Comcast Corporation.<br>•  Security selection in the industrials sector, including overweights to Ingersoll Rand Inc. and Copart, Inc. and an underweight to GE Vernova Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00k87.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 17.61% | 15.11% | 13.17% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.64% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6604965934 |
|  Total number of portfolio holdings | 128 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $9962122 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00b89.jpg)

How has the Fund changed?

• **Fund reorganization:** Effective after the close of business on December 13, 2024, Nuveen Social Choice Low Carbon Equity Fund reorganized into the Nuveen Large Cap Responsible Equity Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W755_AR_1025<br> 4950629 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

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Nuveen Emerging Markets Equity Fund

Class A Shares/TEMRX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $144 | 1.27% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Fund returned 26.45% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI Emerging Markets Index (Net), which returned 27.91%.<br>•  Top contributors to relative performance<br>•  An overweight to Alibaba Group Holding Limited.<br>•  Security selection in the industrials sector, led by an overweight to Contemporary Amperex Technology Co., Limited Class A and an out-of-benchmark position in Grab Holdings Limited Class A.<br>•  An overweight to Taiwan Semiconductor Manufacturing Company Limited.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to Jio Financial Services Limited and PT Bank Rakyat Indonesia (Persero) Tbk Class B and an out-of-benchmark position in Edelweiss Financial Services Limited.<br>•  Security selection in the information technology sector, led by an out-of-benchmark position in Globant S.A.<br>•  An out-of-benchmark position in Arcos Dorados Holdings Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g57g02.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 26.45% | 3.35% | 6.09% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 19.21% | 2.14% | 5.46% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 7.69% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1753428958 |
|  Total number of portfolio holdings | 73 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $14074345 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g25s09.jpg)

![LOGO](g20723g1g25s10.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M293_AR_1025<br> 4950641 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Fund

Class I Shares/TEMHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $114 | 1.01% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Fund returned 26.68% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI Emerging Markets Index (Net), which returned 27.91%.<br>•  Top contributors to relative performance<br>•  An overweight to Alibaba Group Holding Limited.<br>•  Security selection in the industrials sector, led by an overweight to Contemporary Amperex Technology Co., Limited Class A and an out-of-benchmark position in Grab Holdings Limited Class A.<br>•  An overweight to Taiwan Semiconductor Manufacturing Company Limited.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to Jio Financial Services Limited and PT Bank Rakyat Indonesia (Persero) Tbk Class B and an out-of-benchmark position in Edelweiss Financial Services Limited.<br>•  Security selection in the information technology sector, led by an out-of-benchmark position in Globant S.A.<br>•  An out-of-benchmark position in Arcos Dorados Holdings Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g88w58.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception**<br> **(12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 26.68% | 3.63% | 6.71% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 8.22% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1753428958 |
|  Total number of portfolio holdings | 73 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $14074345 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g14v98.jpg)

![LOGO](g20723g1g04e67.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R375_AR_1025<br> 4950641 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Fund

Premier Class Shares/TEMPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $118 | 1.04% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Fund returned 26.74% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI Emerging Markets Index (Net), which returned 27.91%.<br>•  Top contributors to relative performance<br>•  An overweight to Alibaba Group Holding Limited.<br>•  Security selection in the industrials sector, led by an overweight to Contemporary Amperex Technology Co., Limited Class A and an out-of-benchmark position in Grab Holdings Limited Class A.<br>•  An overweight to Taiwan Semiconductor Manufacturing Company Limited.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to Jio Financial Services Limited and PT Bank Rakyat Indonesia (Persero) Tbk Class B and an out-of-benchmark position in Edelweiss Financial Services Limited.<br>•  Security selection in the information technology sector, led by an out-of-benchmark position in Globant S.A.<br>•  An out-of-benchmark position in Arcos Dorados Holdings Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g22g68.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 26.74% | 3.61% | 6.36% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 7.69% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1753428958 |
|  Total number of portfolio holdings | 73 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $14074345 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g25s13.jpg)

![LOGO](g20723g1g25s14.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M277_AR_1025<br> 4950641 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Fund

Class R6 Shares/TEMLX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $101 | 0.89% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Fund returned 26.81% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI Emerging Markets Index (Net), which returned 27.91%.<br>•  Top contributors to relative performance<br>•  An overweight to Alibaba Group Holding Limited.<br>•  Security selection in the industrials sector, led by an overweight to Contemporary Amperex Technology Co., Limited Class A and an out-of-benchmark position in Grab Holdings Limited Class A.<br>•  An overweight to Taiwan Semiconductor Manufacturing Company Limited.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to Jio Financial Services Limited and PT Bank Rakyat Indonesia (Persero) Tbk Class B and an out-of-benchmark position in Edelweiss Financial Services Limited.<br>•  Security selection in the information technology sector, led by an out-of-benchmark position in Globant S.A.<br>•  An out-of-benchmark position in Arcos Dorados Holdings Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g73d73.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 26.81% | 3.73% | 6.49% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 7.69% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1753428958 |
|  Total number of portfolio holdings | 73 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $14074345 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g25s15.jpg)

![LOGO](g20723g1g25s16.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M269_AR_1025<br> 4950641 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Fund

Retirement Class Shares/TEMSX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a <br>$10,000 investment** | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $129 | 1.14% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Fund returned 26.51% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI Emerging Markets Index (Net), which returned 27.91%.<br>•  Top contributors to relative performance<br>•  An overweight to Alibaba Group Holding Limited.<br>•  Security selection in the industrials sector, led by an overweight to Contemporary Amperex Technology Co., Limited Class A and an out-of-benchmark position in Grab Holdings Limited Class A.<br>•  An overweight to Taiwan Semiconductor Manufacturing Company Limited.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to Jio Financial Services Limited and PT Bank Rakyat Indonesia (Persero) Tbk Class B and an out-of-benchmark position in Edelweiss Financial Services Limited.<br>•  Security selection in the information technology sector, led by an out-of-benchmark position in Globant S.A.<br>•  An out-of-benchmark position in Arcos Dorados Holdings Inc.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g63g63.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 26.51% | 3.57% | 6.31% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 7.69% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1753428958 |
|  Total number of portfolio holdings | 73 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $14074345 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g25s11.jpg)

![LOGO](g20723g1g25s12.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M285_AR_1025<br> 4950641 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Fund

Class W Shares/TEMVX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Fund returned 27.94% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund performed in line with the MSCI Emerging Markets Index (Net), which returned 27.91%.<br>•  Top contributors to relative performance<br>•  An overweight to Alibaba Group Holding Limited.<br>•  Security selection in the industrials sector, led by an overweight to Contemporary Amperex Technology Co., Limited Class A and an out-of-benchmark position in Grab Holdings Limited Class A.<br>•  An overweight to Taiwan Semiconductor Manufacturing Company Limited.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to Jio Financial Services Limited and PT Bank Rakyat Indonesia (Persero) Tbk Class B and an out-of-benchmark position in Edelweiss Financial Services Limited.<br>•  Security selection in the information technology sector, led by an out-of-benchmark position in Globant S.A.<br>•  An out-of-benchmark position in Arcos Dorados Holdings Inc.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g46r70.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 27.94% | 4.65% | 6.64% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 6.70% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1753428958 |
|  Total number of portfolio holdings | 73 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $14074345 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g04a69.jpg)

![LOGO](g20723g1g04b69.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N107_AR_1025<br> 4950641 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Equity Fund

Class A Shares/TIERX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $89 | 0.79% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Fund returned 24.64% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the MSCI EAFE Index (Net), which returned 23.03%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by an overweight to Advantest Corporation and out-of-benchmark positions in Taiwan Semiconductor Manufacturing Company Limited and Samsung Electronics Co., Ltd.<br>•  Security selection in the financials sector, including overweights to Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A. and Mitsubishi UFJ Financial Group, Inc.<br>•  Security selection in the consumer discretionary sector, led by an overweight to Sony Group Corporation.<br>•  Top detractors from relative performance<br>•  Security selection and an overweight in the health care sector, including overweights to Novo Nordisk A/S and Daiichi Sankyo Company, Limited.<br>•  An overweight in the materials sector, including out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Lack of exposure to SoftBank Group Corp.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g11a11.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 24.64% | 11.44% | 6.82% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 17.53% | 10.12% | 6.19% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5437369041 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $28893224 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g02b08.jpg)

![LOGO](g20723g1g03b18.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3.0 ------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315779_AR_1025<br> 4950651 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Equity Fund

Class I Shares/TIEHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $60 | 0.53% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Fund returned 25.01% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the MSCI EAFE Index (Net), which returned 23.03%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by an overweight to Advantest Corporation and out-of-benchmark positions in Taiwan Semiconductor Manufacturing Company Limited and Samsung Electronics Co., Ltd.<br>•  Security selection in the financials sector, including overweights to Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A. and Mitsubishi UFJ Financial Group, Inc.<br>•  Security selection in the consumer discretionary sector, led by an overweight to Sony Group Corporation.<br>•  Top detractors from relative performance<br>•  Security selection and an overweight in the health care sector, including overweights to Novo Nordisk A/S and Daiichi Sankyo Company, Limited.<br>•  An overweight in the materials sector, including out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Lack of exposure to SoftBank Group Corp.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g03a32.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 25.01% | 11.68% | 7.31% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.78% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5437369041 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $28893224 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g03a34.jpg)

![LOGO](g20723g1g03o35.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R342_AR_1025<br> 4950651 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Equity Fund

Premier Class Shares/TREPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $67 | 0.60% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Fund returned 24.91% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the MSCI EAFE Index (Net), which returned 23.03%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by an overweight to Advantest Corporation and out-of-benchmark positions in Taiwan Semiconductor Manufacturing Company Limited and Samsung Electronics Co., Ltd.<br>•  Security selection in the financials sector, including overweights to Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A. and Mitsubishi UFJ Financial Group, Inc.<br>•  Security selection in the consumer discretionary sector, led by an overweight to Sony Group Corporation.<br>•  Top detractors from relative performance<br>•  Security selection and an overweight in the health care sector, including overweights to Novo Nordisk A/S and Daiichi Sankyo Company, Limited.<br>•  An overweight in the materials sector, including out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Lack of exposure to SoftBank Group Corp.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g02a21.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 24.91% | 11.63% | 7.02% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5437369041 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $28893224 |

---

#### &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g22b18.jpg)

![LOGO](g20723g1g22y33.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •   financial statements and other information  •   fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M582_AR_1025<br> 4950651 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Equity Fund

Class R6 Shares/TIIEX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $51 | 0.45% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Fund returned 25.16% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the MSCI EAFE Index (Net), which returned 23.03%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by an overweight to Advantest Corporation and out-of-benchmark positions in Taiwan Semiconductor Manufacturing Company Limited and Samsung Electronics Co., Ltd.<br>•  Security selection in the financials sector, including overweights to Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A. and Mitsubishi UFJ Financial Group, Inc.<br>•  Security selection in the consumer discretionary sector, led by an overweight to Sony Group Corporation.<br>•  Top detractors from relative performance<br>•  Security selection and an overweight in the health care sector, including overweights to Novo Nordisk A/S and Daiichi Sankyo Company, Limited.<br>•  An overweight in the materials sector, including out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Lack of exposure to SoftBank Group Corp.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g92g92.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 25.16% | 11.81% | 7.18% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5437369041 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $28893224 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00b94.jpg)

![LOGO](g20723g1g00b95.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W102_AR_1025<br> 4950651 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Equity Fund

Retirement Class Shares/TRERX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $79 | 0.70% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Fund returned 24.76% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the MSCI EAFE Index (Net), which returned 23.03%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by an overweight to Advantest Corporation and out-of-benchmark positions in Taiwan Semiconductor Manufacturing Company Limited and Samsung Electronics Co., Ltd.<br>•  Security selection in the financials sector, including overweights to Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A. and Mitsubishi UFJ Financial Group, Inc.<br>•  Security selection in the consumer discretionary sector, led by an overweight to Sony Group Corporation.<br>•  Top detractors from relative performance<br>•  Security selection and an overweight in the health care sector, including overweights to Novo Nordisk A/S and Daiichi Sankyo Company, Limited.<br>•  An overweight in the materials sector, including out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Lack of exposure to SoftBank Group Corp.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00z97.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 24.76% | 11.52% | 6.90% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5437369041 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $28893224 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00b99.jpg)

![LOGO](g20723g1g00b18.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W748_AR_1025<br> 4950651 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Equity Fund

Class W Shares/TIEWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Fund returned 25.71% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund outperformed the MSCI EAFE Index (Net), which returned 23.03%.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by an overweight to Advantest Corporation and out-of-benchmark positions in Taiwan Semiconductor Manufacturing Company Limited and Samsung Electronics Co., Ltd.<br>•  Security selection in the financials sector, including overweights to Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A. and Mitsubishi UFJ Financial Group, Inc.<br>•  Security selection in the consumer discretionary sector, led by an overweight to Sony Group Corporation.<br>•  Top detractors from relative performance<br>•  Security selection and an overweight in the health care sector, including overweights to Novo Nordisk A/S and Daiichi Sankyo Company, Limited.<br>•  An overweight in the materials sector, including out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Lack of exposure to SoftBank Group Corp.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g44r60.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 25.71% | 12.30% | 8.19% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.79% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5437369041 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 25% |
|  Total management fees paid for the year | $28893224 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g48k44.jpg)

![LOGO](g20723g1g48k48.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N305_AR_1025<br> 4950651 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Opportunities Fund

Class A Shares/TIOSX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $110 | 1.01% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Opportunities Fund returned 18.56% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI ACWI ex USA Growth Index (Net), which returned 21.77%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Galderma Group AG.<br>•  Security selection in the communication services sector, led by an underweight to SoftBank Group Corp.<br>•  An overweight to Shopify Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, led by out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Security selection and an underweight in the industrials sector, led by an overweight to Ashtead Group Plc., an underweight to Rheinmetall AG and lack of exposure to Rolls-Royce Holdings Plc.<br>•  An overweight and security selection in the consumer discretionary sector, including an out-of-benchmark position in JD.com, Inc. and overweights to Ferrari N.V. and BYD Company Limited Class H.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00t04.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 18.56% | 5.23% | 7.24% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 11.71% | 4.00% | 6.60% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Growth Index (Net) | 21.77% | 7.11% | 7.64% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index | 24.93% | 11.18% | 7.67% |

---

Effective August 7, 2025, the Fund selected the MSCI ACWI ex USA Growth Index to replace the MSCI ACWI ex USA Index as a Fund benchmark index because it more closely reflects how the Fund is managed. The MSCI ACWI ex USA Index will remain the Fund's broad-based securities market index.

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2804297697 |
|  Total number of portfolio holdings | 84 |
|  Portfolio turnover (%) | 58% |
|  Total management fees paid for the year | $13883388 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00j03.jpg)

![LOGO](g20723g1g01v03.jpg)

How has the Fund changed?

• **Portfolio manager updates:** Effective February 11, 2025, Jason Campbell and Dan Roberts were removed as portfolio managers of the Fund and Greg Mancini and John Tribolet were added as portfolio managers of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R664_AR_1025<br> 4950662 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Opportunities Fund

Class I Shares/TIOHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $72 | 0.66% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Opportunities Fund returned 18.90% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI ACWI ex USA Growth Index (Net), which returned 21.77%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Galderma Group AG.<br>•  Security selection in the communication services sector, led by an underweight to SoftBank Group Corp.<br>•  An overweight to Shopify Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, led by out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Security selection and an underweight in the industrials sector, led by an overweight to Ashtead Group Plc., an underweight to Rheinmetall AG and lack of exposure to Rolls-Royce Holdings Plc.<br>•  An overweight and security selection in the consumer discretionary sector, including an out-of-benchmark position in JD.com, Inc. and overweights to Ferrari N.V. and BYD Company Limited Class H.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g34g16.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception**<br> **(12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 18.90% | 5.52% | 7.55% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Growth Index (Net) | 21.77% | 7.11% | 7.88% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index | 24.93% | 11.18% | 7.67% |

---

Effective August 7, 2025, the Fund selected the MSCI ACWI ex USA Growth Index to replace the MSCI ACWI ex USA Index as a Fund benchmark index because it more closely reflects how the Fund is managed. The MSCI ACWI ex USA Index will remain the Fund's broad-based securities market index.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2804297697 |
|  Total number of portfolio holdings | 84 |
|  Portfolio turnover (%) | 58% |
|  Total management fees paid for the year | $13883388 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g25e17.jpg)

![LOGO](g20723g1g17v90.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

• **Portfolio manager updates:** Effective February 11, 2025, Jason Campbell and Dan Roberts were removed as portfolio managers of the Fund and Greg Mancini and John Tribolet were added as portfolio managers of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R334_AR_1025<br> 4950662 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Opportunities Fund

Premier Class Shares/TIOPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $82 | 0.75% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Opportunities Fund returned 18.85% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI ACWI ex USA Growth Index (Net), which returned 21.77%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Galderma Group AG.<br>•  Security selection in the communication services sector, led by an underweight to SoftBank Group Corp.<br>•  An overweight to Shopify Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, led by out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Security selection and an underweight in the industrials sector, led by an overweight to Ashtead Group Plc., an underweight to Rheinmetall AG and lack of exposure to Rolls-Royce Holdings Plc.<br>•  An overweight and security selection in the consumer discretionary sector, including an out-of-benchmark position in JD.com, Inc. and overweights to Ferrari N.V. and BYD Company Limited Class H.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00t03.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 18.85% | 5.47% | 7.52% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Growth Index (Net) | 21.77% | 7.11% | 7.64% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index | 24.93% | 11.18% | 7.67% |

---

Effective August 7, 2025, the Fund selected the MSCI ACWI ex USA Growth Index to replace the MSCI ACWI ex USA Index as a Fund benchmark index because it more closely reflects how the Fund is managed. The MSCI ACWI ex USA Index will remain the Fund's broad-based securities market index.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2804297697 |
|  Total number of portfolio holdings | 84 |
|  Portfolio turnover (%) | 58% |
|  Total management fees paid for the year | $13883388 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00j02.jpg)

![LOGO](g20723g1g01v02.jpg)

How has the Fund changed?

• **Portfolio manager updates:** Effective February 11, 2025, Jason Campbell and Dan Roberts were removed as portfolio managers of the Fund and Greg Mancini and John Tribolet were added as portfolio managers of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at** https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R649_AR_1025<br> 4950662 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Opportunities Fund

Class R6 Shares/TIOIX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $66 | 0.60% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Opportunities Fund returned 18.98% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI ACWI ex USA Growth Index (Net), which returned 21.77%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Galderma Group AG.<br>•  Security selection in the communication services sector, led by an underweight to SoftBank Group Corp.<br>•  An overweight to Shopify Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, led by out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Security selection and an underweight in the industrials sector, led by an overweight to Ashtead Group Plc., an underweight to Rheinmetall AG and lack of exposure to Rolls-Royce Holdings Plc.<br>•  An overweight and security selection in the consumer discretionary sector, including an out-of-benchmark position in JD.com, Inc. and overweights to Ferrari N.V. and BYD Company Limited Class H.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g54z01.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 18.98% | 5.61% | 7.66% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Growth Index (Net) | 21.77% | 7.11% | 7.64% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index | 24.93% | 11.18% | 7.67% |

---

Effective August 7, 2025, the Fund selected the MSCI ACWI ex USA Growth Index to replace the MSCI ACWI ex USA Index as a Fund benchmark index because it more closely reflects how the Fund is managed. The MSCI ACWI ex USA Index will remain the Fund's broad-based securities market index.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2804297697 |
|  Total number of portfolio holdings | 84 |
|  Portfolio turnover (%) | 58% |
|  Total management fees paid for the year | $13883388 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00j01.jpg)

![LOGO](g20723g1g01v01.jpg)

How has the Fund changed?

• **Portfolio manager updates:** Effective February 11, 2025, Jason Campbell and Dan Roberts were removed as portfolio managers of the Fund and Greg Mancini and John Tribolet were added as portfolio managers of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R631_AR_1025<br> 4950662 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Opportunities Fund

Retirement Class Shares/TIOTX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $93 | 0.85% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Opportunities Fund returned 18.69% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI ACWI ex USA Growth Index (Net), which returned 21.77%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Galderma Group AG.<br>•  Security selection in the communication services sector, led by an underweight to SoftBank Group Corp.<br>•  An overweight to Shopify Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, led by out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Security selection and an underweight in the industrials sector, led by an overweight to Ashtead Group Plc., an underweight to Rheinmetall AG and lack of exposure to Rolls-Royce Holdings Plc.<br>•  An overweight and security selection in the consumer discretionary sector, including an out-of-benchmark position in JD.com, Inc. and overweights to Ferrari N.V. and BYD Company Limited Class H.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g12v94.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 18.69% | 5.44% | 7.46% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Growth Index (Net) | 21.77% | 7.11% | 7.64% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index | 24.93% | 11.18% | 7.67% |

---

Effective August 7, 2025, the Fund selected the MSCI ACWI ex USA Growth Index to replace the MSCI ACWI ex USA Index as a Fund benchmark index because it more closely reflects how the Fund is managed. The MSCI ACWI ex USA Index will remain the Fund's broad-based securities market index.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2804297697 |
|  Total number of portfolio holdings | 84 |
|  Portfolio turnover (%) | 58% |
|  Total management fees paid for the year | $13883388 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00j04.jpg)

![LOGO](g20723g1g01v04.jpg)

How has the Fund changed?

• **Portfolio manager updates:** Effective February 11, 2025, Jason Campbell and Dan Roberts were removed as portfolio managers of the Fund and Greg Mancini and John Tribolet were added as portfolio managers of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R656_AR_1025<br> 4950662 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Opportunities Fund

Class W Shares/TIOVX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Opportunities Fund returned 19.70% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI ACWI ex USA Growth Index (Net), which returned 21.77%.<br>•  Top contributors to relative performance<br>•  Security selection in the health care sector, led by an overweight to Galderma Group AG.<br>•  Security selection in the communication services sector, led by an underweight to SoftBank Group Corp.<br>•  An overweight to Shopify Inc.<br>•  Top detractors from relative performance<br>•  Security selection in the materials sector, led by out-of-benchmark positions in Smurfit WestRock Plc and Linde Plc.<br>•  Security selection and an underweight in the industrials sector, led by an overweight to Ashtead Group Plc., an underweight to Rheinmetall AG and lack of exposure to Rolls-Royce Holdings Plc.<br>•  An overweight and security selection in the consumer discretionary sector, including an out-of-benchmark position in JD.com, Inc. and overweights to Ferrari N.V. and BYD Company Limited Class H.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g47r20.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 19.70% | 6.25% | 7.14% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Growth Index (Net) | 21.77% | 7.11% | 7.42% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index | 24.93% | 11.18% | 7.67% |

---

Effective August 7, 2025, the Fund selected the MSCI ACWI ex USA Growth Index to replace the MSCI ACWI ex USA Index as a Fund benchmark index because it more closely reflects how the Fund is managed. The MSCI ACWI ex USA Index will remain the Fund's broad-based securities market index.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2804297697 |
|  Total number of portfolio holdings | 84 |
|  Portfolio turnover (%) | 58% |
|  Total management fees paid for the year | $13883388 |

---

What did the Fund invest in? (as of October 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g20723g1g04a74.jpg)

![LOGO](g20723g1g04b74.jpg)

How has the Fund changed?

• **Portfolio manager updates:** Effective February 11, 2025, Jason Campbell and Dan Roberts were removed as portfolio managers of the Fund and Greg Mancini and John Tribolet were added as portfolio managers of the Fund.

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N404_AR_1025<br> 4950662 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Class A Shares/TLISX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $121 | 1.06% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant International Small Cap Equity Fund returned 28.91% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the MSCI ACWI ex USA Small Cap Index (Net), which returned 22.58%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, led by overweights to HENSOLDT AG, Fincantieri S.p.A., Namura Shipbuilding Co., Ltd and IHI Corporation.<br>•  Security selection in the materials sector, including overweights to Westgold Resources Limited, IAMGOLD Corporation and Centerra Gold Inc.<br>•  An overweight and security selection in the information technology sector, led by overweights to Kingsoft Cloud Holdings Limited, Chenbro Micom Co., Ltd and Yangtze Optical Fibre & Cable Joint Stock Ltd Co.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to HMC Capital Limited and Monex Group, Inc.<br>•  Security selection and an overweight in the communication services sector, led by overweights to Gungho Online Entertainment, Inc. and Ubisoft Entertainment SA.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 9, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g04a30.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/9/16)** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 28.91% | 11.51% | 7.30% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 21.53% | 10.21% | 6.59% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index (Net) | 24.93% | 11.18% | 8.59% |
| &nbsp;&nbsp;&nbsp; MSCI ACWI ex USA Small Cap Index (Net) | 22.58% | 10.61% | 8.46% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1316997083 |
|  Total number of portfolio holdings | 472 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $8023450 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g03b36.jpg)

![LOGO](g20723g1g28p77.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P437_AR_1025<br> 4950676 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Class I Shares/TAISX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $91 | 0.79% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant International Small Cap Equity Fund returned 29.31% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the MSCI ACWI ex USA Small Cap Index (Net), which returned 22.58%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, led by overweights to HENSOLDT AG, Fincantieri S.p.A., Namura Shipbuilding Co., Ltd and IHI Corporation.<br>•  Security selection in the materials sector, including overweights to Westgold Resources Limited, IAMGOLD Corporation and Centerra Gold Inc.<br>•  An overweight and security selection in the information technology sector, led by overweights to Kingsoft Cloud Holdings Limited, Chenbro Micom Co., Ltd and Yangtze Optical Fibre & Cable Joint Stock Ltd Co.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to HMC Capital Limited and Monex Group, Inc.<br>•  Security selection and an overweight in the communication services sector, led by overweights to Gungho Online Entertainment, Inc. and Ubisoft Entertainment SA.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 9, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g04p12.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/9/16)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 29.31% | 11.92% | 7.68% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index (Net) | 24.93% | 11.18% | 8.59% |
| &nbsp;&nbsp;&nbsp; MSCI ACWI ex USA Small Cap Index (Net) | 22.58% | 10.61% | 8.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1316997083 |
|  Total number of portfolio holdings | 472 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $8023450 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g41k15.jpg)

![LOGO](g20723g1g41k16.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P460_AR_1025<br> 4950676 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Premier Class Shares/TPISX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $103 | 0.90% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant International Small Cap Equity Fund returned 29.07% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the MSCI ACWI ex USA Small Cap Index (Net), which returned 22.58%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, led by overweights to HENSOLDT AG, Fincantieri S.p.A., Namura Shipbuilding Co., Ltd and IHI Corporation.<br>•  Security selection in the materials sector, including overweights to Westgold Resources Limited, IAMGOLD Corporation and Centerra Gold Inc.<br>•  An overweight and security selection in the information technology sector, led by overweights to Kingsoft Cloud Holdings Limited, Chenbro Micom Co., Ltd and Yangtze Optical Fibre & Cable Joint Stock Ltd Co.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to HMC Capital Limited and Monex Group, Inc.<br>•  Security selection and an overweight in the communication services sector, led by overweights to Gungho Online Entertainment, Inc. and Ubisoft Entertainment SA.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 9, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g04a24.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/9/16)** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 29.07% | 11.75% | 7.56% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index (Net) | 24.93% | 11.18% | 8.59% |
| &nbsp;&nbsp;&nbsp; MSCI ACWI ex USA Small Cap Index (Net) | 22.58% | 10.61% | 8.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1316997083 |
|  Total number of portfolio holdings | 472 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $8023450 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g98d63.jpg)

![LOGO](g20723g1g17b19.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P452_AR_1025<br> 4950676 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Class R6 Shares/TIISX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $81 | 0.71% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant International Small Cap Equity Fund returned 29.34% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the MSCI ACWI ex USA Small Cap Index (Net), which returned 22.58%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, led by overweights to HENSOLDT AG, Fincantieri S.p.A., Namura Shipbuilding Co., Ltd and IHI Corporation.<br>•  Security selection in the materials sector, including overweights to Westgold Resources Limited, IAMGOLD Corporation and Centerra Gold Inc.<br>•  An overweight and security selection in the information technology sector, led by overweights to Kingsoft Cloud Holdings Limited, Chenbro Micom Co., Ltd and Yangtze Optical Fibre & Cable Joint Stock Ltd Co.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to HMC Capital Limited and Monex Group, Inc.<br>•  Security selection and an overweight in the communication services sector, led by overweights to Gungho Online Entertainment, Inc. and Ubisoft Entertainment SA.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 9, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g04a18.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/9/16)** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 29.34% | 11.96% | 7.73% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index (Net) | 24.93% | 11.18% | 8.59% |
| &nbsp;&nbsp;&nbsp; MSCI ACWI ex USA Small Cap Index (Net) | 22.58% | 10.61% | 8.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1316997083 |
|  Total number of portfolio holdings | 472 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $8023450 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g68x48.jpg)

![LOGO](g20723g1g24p53.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P478_AR_1025<br> 4950676 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Retirement Class Shares/TTISX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $110 | 0.96% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant International Small Cap Equity Fund returned 29.07% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the MSCI ACWI ex USA Small Cap Index (Net), which returned 22.58%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, led by overweights to HENSOLDT AG, Fincantieri S.p.A., Namura Shipbuilding Co., Ltd and IHI Corporation.<br>•  Security selection in the materials sector, including overweights to Westgold Resources Limited, IAMGOLD Corporation and Centerra Gold Inc.<br>•  An overweight and security selection in the information technology sector, led by overweights to Kingsoft Cloud Holdings Limited, Chenbro Micom Co., Ltd and Yangtze Optical Fibre & Cable Joint Stock Ltd Co.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to HMC Capital Limited and Monex Group, Inc.<br>•  Security selection and an overweight in the communication services sector, led by overweights to Gungho Online Entertainment, Inc. and Ubisoft Entertainment SA.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 9, 2016 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g04a36.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/9/16)** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 29.07% | 11.68% | 7.48% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index (Net) | 24.93% | 11.18% | 8.59% |
| &nbsp;&nbsp;&nbsp; MSCI ACWI ex USA Small Cap Index (Net) | 22.58% | 10.61% | 8.46% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1316997083 |
|  Total number of portfolio holdings | 472 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $8023450 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g85j32.jpg)

![LOGO](g20723g1g87k98.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P445_AR_1025<br> 4950676 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Class W Shares/TAIWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Quant International Small Cap Equity Fund returned 30.24% for Class W Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund significantly outperformed the MSCI ACWI ex USA Small Cap Index (Net), which returned 22.58%.<br>•  Top contributors to relative performance<br>•  Security selection in the industrials sector, led by overweights to HENSOLDT AG, Fincantieri S.p.A., Namura Shipbuilding Co., Ltd and IHI Corporation.<br>•  Security selection in the materials sector, including overweights to Westgold Resources Limited, IAMGOLD Corporation and Centerra Gold Inc.<br>•  An overweight and security selection in the information technology sector, led by overweights to Kingsoft Cloud Holdings Limited, Chenbro Micom Co., Ltd and Yangtze Optical Fibre & Cable Joint Stock Ltd Co.<br>•  Top detractors from relative performance<br>•  Security selection in the financials sector, including overweights to HMC Capital Limited and Monex Group, Inc.<br>•  Security selection and an overweight in the communication services sector, led by overweights to Gungho Online Entertainment, Inc. and Ubisoft Entertainment SA.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g48r20.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 30.24% | 12.76% | 7.59% |
| &nbsp;&nbsp;&nbsp; MSCI All Country World ex USA Index (Net) | 24.93% | 11.18% | 7.69% |
| &nbsp;&nbsp;&nbsp; MSCI ACWI ex USA Small Cap Index (Net) | 22.58% | 10.61% | 7.10% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1316997083 |
|  Total number of portfolio holdings | 472 |
|  Portfolio turnover (%) | 112% |
|  Total management fees paid for the year | $8023450 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g04a85.jpg)

![LOGO](g20723g1g04b85.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87249N503_AR_1025<br> 4950676 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Responsible Equity Fund

Class A Shares/TSORX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen International Responsible Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $70 | 0.63% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Responsible Equity Fund returned 20.77% for Class A Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI EAFE Index (Net), which returned 23.03%. The Fund utilizes environmental, social and governance (ESG) criteria, while the benchmark does not.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by overweights to Advantest Corporation and NEC Corporation as well as a lack of exposure to Keyence Corporation.<br>•  Security selection in the consumer staples sector, led by a lack of exposure to Diageo Plc.<br>•  An overweight to Softbank Group Corp.<br>•  Top detractors from relative performance<br>•  Security selection in the industrials sector, led by a lack of exposure to Rolls-Royce Holdings Plc., Rheinmetall AG and Siemens Energy AG.<br>•  Lack of exposure to Banco Santander, S.A.<br>•  Security selection in the materials sector, including overweights to DSM-Firmenich AG and Sika AG.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g17z03.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 20.77% | 11.89% | 7.47% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 13.85% | 10.57% | 6.83% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1913876436 |
|  Total number of portfolio holdings | 258 |
|  Portfolio turnover (%) | 21% |
|  Total management fees paid for the year | $5168347 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g62q89.jpg)

![LOGO](g20723g1g29i05.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R516_AR_1025<br> 4950687 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Responsible Equity Fund

Class I Shares/TSOHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen International Responsible Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of**<br> **$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $31 | 0.28% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Responsible Equity Fund returned 21.18% for Class I Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI EAFE Index (Net), which returned 23.03%. The Fund utilizes environmental, social and governance (ESG) criteria, while the benchmark does not.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by overweights to Advantest Corporation and NEC Corporation as well as a lack of exposure to Keyence Corporation.<br>•  Security selection in the consumer staples sector, led by a lack of exposure to Diageo Plc.<br>•  An overweight to Softbank Group Corp.<br>•  Top detractors from relative performance<br>•  Security selection in the industrials sector, led by a lack of exposure to Rolls-Royce Holdings Plc., Rheinmetall AG and Siemens Energy AG.<br>•  Lack of exposure to Banco Santander, S.A.<br>•  Security selection in the materials sector, including overweights to DSM-Firmenich AG and Sika AG.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g95e23.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception**<br> **(12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 21.18% | 12.14% | 7.84% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.78% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1913876436 |
|  Total number of portfolio holdings | 258 |
|  Portfolio turnover (%) | 21% |
|  Total management fees paid for the year | $5168347 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g79v37.jpg)

![LOGO](g20723g1g98g26.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information  •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R326_AR_1025<br> 4950687 | <br> ![LOGO](g20723g1g85u20.jpg)  |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Responsible Equity Fund

Premier Class Shares/TSOPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen International Responsible Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $48 | 0.43% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Responsible Equity Fund returned 21.01% for Premier Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI EAFE Index (Net), which returned 23.03%. The Fund utilizes environmental, social and governance (ESG) criteria, while the benchmark does not.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by overweights to Advantest Corporation and NEC Corporation as well as a lack of exposure to Keyence Corporation.<br>•  Security selection in the consumer staples sector, led by a lack of exposure to Diageo Plc.<br>•  An overweight to Softbank Group Corp.<br>•  Top detractors from relative performance<br>•  Security selection in the industrials sector, led by a lack of exposure to Rolls-Royce Holdings Plc., Rheinmetall AG and Siemens Energy AG.<br>•  Lack of exposure to Banco Santander, S.A.<br>•  Security selection in the materials sector, including overweights to DSM-Firmenich AG and Sika AG.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g22g06.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 21.01% | 12.05% | 7.65% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1913876436 |
|  Total number of portfolio holdings | 258 |
|  Portfolio turnover (%) | 21% |
|  Total management fees paid for the year | $5168347 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g47v36.jpg)

![LOGO](g20723g1g00d29.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R482_AR_1025<br> 4950687 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Responsible Equity Fund

Class R6 Shares/TSONX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen International Responsible Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $31 | 0.28% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Responsible Equity Fund returned 21.21% for Class R6 Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI EAFE Index (Net), which returned 23.03%. The Fund utilizes environmental, social and governance (ESG) criteria, while the benchmark does not.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by overweights to Advantest Corporation and NEC Corporation as well as a lack of exposure to Keyence Corporation.<br>•  Security selection in the consumer staples sector, led by a lack of exposure to Diageo Plc.<br>•  An overweight to Softbank Group Corp.<br>•  Top detractors from relative performance<br>•  Security selection in the industrials sector, led by a lack of exposure to Rolls-Royce Holdings Plc., Rheinmetall AG and Siemens Energy AG.<br>•  Lack of exposure to Banco Santander, S.A.<br>•  Security selection in the materials sector, including overweights to DSM-Firmenich AG and Sika AG.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g21k98.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 21.21% | 12.24% | 7.82% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1913876436 |
|  Total number of portfolio holdings | 258 |
|  Portfolio turnover (%) | 21% |
|  Total management fees paid for the year | $5168347 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00b03.jpg)

![LOGO](g20723g1g00b04.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R474_AR_1025<br> 4950687 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Responsible Equity Fund

Retirement Class Shares/TSOEX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen International Responsible Equity Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $59 | 0.53% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Responsible Equity Fund returned 20.95% for Retirement Class Shares at net asset value (NAV) for the 12 months ended October 31, 2025. The Fund underperformed the MSCI EAFE Index (Net), which returned 23.03%. The Fund utilizes environmental, social and governance (ESG) criteria, while the benchmark does not.<br>•  Top contributors to relative performance<br>•  Security selection in the information technology sector, led by overweights to Advantest Corporation and NEC Corporation as well as a lack of exposure to Keyence Corporation.<br>•  Security selection in the consumer staples sector, led by a lack of exposure to Diageo Plc.<br>•  An overweight to Softbank Group Corp.<br>•  Top detractors from relative performance<br>•  Security selection in the industrials sector, led by a lack of exposure to Rolls-Royce Holdings Plc., Rheinmetall AG and Siemens Energy AG.<br>•  Lack of exposure to Banco Santander, S.A.<br>•  Security selection in the materials sector, including overweights to DSM-Firmenich AG and Sika AG.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g31d31.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 20.95% | 11.97% | 7.56% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1913876436 |
|  Total number of portfolio holdings | 258 |
|  Portfolio turnover (%) | 21% |
|  Total management fees paid for the year | $5168347 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g52b49.jpg)

![LOGO](g20723g1g54w50.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R490_AR_1025<br> 4950687 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Equity Index Fund

Class A Shares/TINRX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $35 | 0.32% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Equity Index Fund's total return for Class A Shares at net asset value (NAV) was 20.38% for the 12 months ended October 31, 2025. The Fund's index, the Russell 3000 Index, returned 20.81%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a01.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 20.38% | 16.39% | 13.73% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 13.47% | 15.02% | 13.06% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $56117103667 |
|  Total number of portfolio holdings | 2627 |
|  Portfolio turnover (%) | 7% |
|  Total management fees paid for the year | $20355515 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g43c44.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315746_AR_1025<br> 4950704 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Equity Index Fund

Class I Shares/TEIHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $8 | 0.07% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Equity Index Fund's total return for Class I Shares at net asset value (NAV) was 20.67% for the 12 months ended October 31, 2025. The Fund's index, the Russell 3000 Index, returned 20.81%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a02.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 20.67% | 16.59% | 13.97% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.12% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $56117103667 |
|  Total number of portfolio holdings | 2627 |
|  Portfolio turnover (%) | 7% |
|  Total management fees paid for the year | $20355515 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g04s79.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R276_AR_1025<br> 4950704 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Equity Index Fund

Premier Class Shares/TCEPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $21 | 0.19% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Equity Index Fund's total return for Premier Class Shares at net asset value (NAV) was 20.53% for the 12 months ended October 31, 2025. The Fund's index, the Russell 3000 Index, returned 20.81%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a03.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 20.53% | 16.52% | 13.87% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $56117103667 |
|  Total number of portfolio holdings | 2627 |
|  Portfolio turnover (%) | 7% |
|  Total management fees paid for the year | $20355515 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g83k72.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M525_AR_1025<br> 4950704 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Equity Index Fund

Class R6 Shares/TIEIX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $4 | 0.04% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Equity Index Fund's total return for Class R6 Shares at net asset value (NAV) was 20.70% for the 12 months ended October 31, 2025. The Fund's index, the Russell 3000 Index, returned 20.81%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a04.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 20.70% | 16.69% | 14.04% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $56117103667 |
|  Total number of portfolio holdings | 2627 |
|  Portfolio turnover (%) | 7% |
|  Total management fees paid for the year | $20355515 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g78e44.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W508_AR_1025<br> 4950704 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Equity Index Fund

Retirement Class Shares/TIQRX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $32 | 0.29% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Equity Index Fund's total return for Retirement Class Shares at net asset value (NAV) was 20.42% for the 12 months ended October 31, 2025. The Fund's index, the Russell 3000 Index, returned 20.81%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a05.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 20.42% | 16.41% | 13.76% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $56117103667 |
|  Total number of portfolio holdings | 2627 |
|  Portfolio turnover (%) | 7% |
|  Total management fees paid for the year | $20355515 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g43d97.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 886315753_AR_1025<br> 4950704 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Equity Index Fund

Class W Shares/TEQWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Equity Index Fund's total return for Class W Shares at net asset value (NAV) was 20.74% for the 12 months ended October 31, 2025. The Fund's index, the Russell 3000 Index, returned 20.81%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to certain expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**![LOGO](g20723g1g99a06.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br>(9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 20.74% | 16.74% | 13.87% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 13.87% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $56117103667 |
|  Total number of portfolio holdings | 2627 |
|  Portfolio turnover (%) | 7% |
|  Total management fees paid for the year | $20355515 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g58q30.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P296_AR_1025<br> 4950704 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Growth Index Fund

Class I Shares/TRIHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Large Cap Growth Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $14 | 0.12% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Growth Index Fund's total return for Class I Shares at net asset value (NAV) was 30.35% for the 12 months ended October 31, 2025. The Fund's index, the Russell 1000 Growth Index, returned 30.52%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00t05.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 30.35% | 19.05% | 18.13% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.44% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Growth Index | 30.52% | 19.24% | 18.33% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $18594416727 |
|  Total number of portfolio holdings | 394 |
|  Portfolio turnover (%) | 27% |
|  Total management fees paid for the year | $6491710 |

---

What did the Fund invest in? (as of October 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g20723g1g88a01.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R292_AR_1025<br> 4950710 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Growth Index Fund

Class R6 Shares/TILIX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Large Cap Growth Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $6 | 0.05% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Growth Index Fund's total return for Class R6 Shares at net asset value (NAV) was 30.45% for the 12 months ended October 31, 2025. The Fund's index, the Russell 1000 Growth Index, returned 30.52%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**![LOGO](g20723g1g99a07.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 30.45% | 19.17% | 18.21% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Growth Index | 30.52% | 19.24% | 18.28% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $18594416727 |
|  Total number of portfolio holdings | 394 |
|  Portfolio turnover (%) | 27% |
|  Total management fees paid for the year | $6491710 |

---

What did the Fund invest in? (as of October 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g20723g1g78h95.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   • Proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W680_AR_1025<br> 4950710 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Growth Index Fund

Retirement Class Shares/TRIRX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Large Cap Growth Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $33 | 0.29% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Growth Index Fund's total return for Retirement Class Shares at net asset value (NAV) was 30.14% for the 12 months ended October 31, 2025. The Fund's index, the Russell 1000 Growth Index, returned 30.52%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a08.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 30.14% | 18.88% | 17.92% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Growth Index | 30.52% | 19.24% | 18.28% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $18594416727 |
|  Total number of portfolio holdings | 394 |
|  Portfolio turnover (%) | 27% |
|  Total management fees paid for the year | $6491710 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g89x08.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W672_AR_1025<br> 4950710 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Value Index Fund

Class I Shares/THCVX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Large Cap Value Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $14 | 0.13% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Value Index Fund's total return for Class I Shares at net asset value (NAV) was 10.97% for the 12 months ended October 31, 2025. The Fund's index, the Russell 1000 Value Index, returned 11.15%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a09.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 10.97% | 14.09% | 9.84% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.44% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Value Index | 11.15% | 14.28% | 10.02% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $11627632828 |
|  Total number of portfolio holdings | 875 |
|  Portfolio turnover (%) | 31% |
|  Total management fees paid for the year | $4391204 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g00v34.jpg)

.

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R284_AR_1025<br> 4950719 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Value Index Fund

Class R6 Shares/TILVX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Large Cap Value Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $5 | 0.05% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Value Index Fund's total return for Class R6 Shares at net asset value (NAV) was 11.09% for the 12 months ended October 31, 2025. The Fund's index, the Russell 1000 Value Index, returned 11.15%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a10.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 11.09% | 14.23% | 9.93% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Value Index | 11.15% | 14.28% | 9.97% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $11627632828 |
|  Total number of portfolio holdings | 875 |
|  Portfolio turnover (%) | 31% |
|  Total management fees paid for the year | $4391204 |

---

What did the Fund invest in? (as of October 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g20723g1g47q17.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W664_AR_1025<br> 4950719 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Large Cap Value Index Fund

Retirement Class Shares/TRCVX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Large Cap Value Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $32 | 0.30% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Large Cap Value Index Fund's total return for Retirement Class Shares at net asset value (NAV) was 10.82% for the 12 months ended October 31, 2025. The Fund's index, the Russell 1000 Value Index, returned 11.15%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a11.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 10.82% | 13.94% | 9.65% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Index | 21.14% | 17.05% | 14.39% |
| &nbsp;&nbsp;&nbsp; Russell 1000<sup>®</sup> Value Index | 11.15% | 14.28% | 9.97% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $11627632828 |
|  Total number of portfolio holdings | 875 |
|  Portfolio turnover (%) | 31% |
|  Total management fees paid for the year | $4391204 |

---

What did the Fund invest in? (as of October 31, 2025)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ![LOGO](g20723g1g91u05.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   • financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W656_AR_1025<br> 4950719 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen S&P 500 Index Fund

Class I Shares/TISAX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen S&P 500 Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $19 | 0.17% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen S&P 500 Index Fund's total return for Class I Shares at net asset value (NAV) was 21.24% for the 12 months ended October 31, 2025. The Fund's index, the S&P 500 Index, returned 21.45%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00z62.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 21.24% | 17.43% | 14.48% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.68% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $12637510534 |
|  Total number of portfolio holdings | 516 |
|  Portfolio turnover (%) | 8% |
|  Total management fees paid for the year | $4427257 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g18l39.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M145_AR_1025<br> 4950727 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen S&P 500 Index Fund

Class R6 Shares/TISPX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen S&P 500 Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $6 | 0.05% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen S&P 500 Index Fund's total return for Class R6 Shares at net asset value (NAV) was 21.40% for the 12 months ended October 31, 2025. The Fund's index, the S&P 500 Index, returned 21.45%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00z67.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 21.40% | 17.58% | 14.58% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.64% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $12637510534 |
|  Total number of portfolio holdings | 516 |
|  Portfolio turnover (%) | 8% |
|  Total management fees paid for the year | $4427257 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g29q33.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information  •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W714_AR_1025<br> 4950727 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen S&P 500 Index Fund

Retirement Class Shares/TRSPX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen S&P 500 Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $33 | 0.30% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen S&P 500 Index Fund's total return for Retirement Class Shares at net asset value (NAV) was 21.09% for the 12 months ended October 31, 2025. The Fund's index, the S&P 500 Index, returned 21.45%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. As such, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g05g72.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 21.09% | 17.28% | 14.29% |
| &nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index | 21.45% | 17.64% | 14.64% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $12637510534 |
|  Total number of portfolio holdings | 516 |
|  Portfolio turnover (%) | 8% |
|  Total management fees paid for the year | $4427257 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g69f81.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W698_AR_1025<br> 4950727 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Small Cap Blend Index Fund

Class I Shares/TRHBX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Small Cap Blend Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $6 | 0.06% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Small Cap Blend Index Fund's total return for Class I Shares at net asset value (NAV) was 14.37% for the 12 months ended October 31, 2025. The Fund's index, the Russell 2000 Index, returned 14.41%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. Aside from the contribution from the Fund's participation in a securities lending program, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a12.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 14.37% | 11.41% | 9.22% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.12% |
| &nbsp;&nbsp;&nbsp; Russell 2000<sup>®</sup> Index | 14.41% | 11.50% | 9.23% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3655505710 |
|  Total number of portfolio holdings | 1962 |
|  Portfolio turnover (%) | 13% |
|  Total management fees paid for the year | $1376559 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g52f93.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M137_AR_1025<br> 4950734 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Small Cap Blend Index Fund

Class R6 Shares/TISBX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Small Cap Blend Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $5 | 0.05% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Small Cap Blend Index Fund's total return for Class R6 Shares at net asset value (NAV) was 14.40% for the 12 months ended October 31, 2025. The Fund's index, the Russell 2000 Index, returned 14.41%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. Aside from the contribution from the Fund's participation in a securities lending program, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a13.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 14.40% | 11.56% | 9.49% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell 2000<sup>®</sup> Index | 14.41% | 11.50% | 9.36% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3655505710 |
|  Total number of portfolio holdings | 1962 |
|  Portfolio turnover (%) | 13% |
|  Total management fees paid for the year | $1376559 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g11t30.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W573_AR_1025<br> 4950734 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Small Cap Blend Index Fund

Retirement Class Shares/TRBIX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Small Cap Blend Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $32 | 0.30% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Small Cap Blend Index Fund's total return for Retirement Class Shares at net asset value (NAV) was 14.06% for the 12 months ended October 31, 2025. The Fund's index, the Russell 2000 Index, returned 14.41%.<br>•  The difference between the Fund's total return at NAV and that of the index is attributable to management fees and other expenses incurred by the Fund that are not incurred by the index.<br>•  The Fund had a risk profile similar to that of its benchmark. Aside from the contribution from the Fund's participation in a securities lending program, there were no material contributors or detractors relative to the Fund's benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g00z55.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 14.06% | 11.26% | 9.21% |
| &nbsp;&nbsp;&nbsp; Russell 3000<sup>®</sup> Index | 20.81% | 16.74% | 14.08% |
| &nbsp;&nbsp;&nbsp; Russell 2000<sup>®</sup> Index | 14.41% | 11.50% | 9.36% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3655505710 |
|  Total number of portfolio holdings | 1962 |
|  Portfolio turnover (%) | 13% |
|  Total management fees paid for the year | $1376559 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g23x93.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W565_AR_1025<br> 4950734 | ![LOGO](g20723g1g85u20.jpg) |

---

3.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Class A Shares/TEQKX

Annual Shareholder Report

This annual shareholder report contains important information about the Class A Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $57 | 0.50% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Index Fund's total return for Class A Shares at net asset value (NAV) was 28.24% for the 12 months ended October 31, 2025. The Fund's index, the MSCI Emerging Markets Index (Net), returned 27.91%.<br>•  Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g05g77.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class A Shares at NAV (excluding maximum sales charge) | 28.24% | 6.62% | 7.07% |
| &nbsp;&nbsp;&nbsp; Class A at maximum sales charge (Offering Price) | 20.84% | 5.36% | 6.44% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 7.69% |

---

Class A Shares at Offering Price reflect a maximum up-front sales charge of 5.75% applicable to the purchase of Class A shares, which was effective as of May 6, 2024.

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $8791253723 |
|  Total number of portfolio holdings | 1206 |
|  Portfolio turnover (%) | 14% |
|  Total management fees paid for the year | $7666739 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g57b79.jpg)

![LOGO](g20723g1g58b80.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3.0 ------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M251_AR_1025<br> 4950745 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Class I Shares/TEQHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $27 | 0.24% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Index Fund's total return for Class I Shares at net asset value (NAV) was 28.57% for the 12 months ended October 31, 2025. The Fund's index, the MSCI Emerging Markets Index (Net), returned 27.91%.<br>•  Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g05g83.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception**<br> **(12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 28.57% | 6.83% | 7.75% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 8.22% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $8791253723 |
|  Total number of portfolio holdings | 1206 |
|  Portfolio turnover (%) | 14% |
|  Total management fees paid for the year | $7666739 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g58b85.jpg)

![LOGO](g20723g1g58b86.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

• 3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M129_AR_1025<br> 4950745 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Premier Class Shares/TEQPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $34 | 0.30% |

---

\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Index Fund's total return for Premier Class Shares at net asset value (NAV) was 28.42% for the 12 months ended October 31, 2025. The Fund's index, the MSCI Emerging Markets Index (Net), returned 27.91%.<br>•  Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g99a46.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 28.42% | 6.84% | 7.29% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 7.69% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $8791253723 |
|  Total number of portfolio holdings | 1206 |
|  Portfolio turnover (%) | 14% |
|  Total management fees paid for the year | $7666739 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g05a90.jpg)

![LOGO](g20723g1g05a91.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M236_AR_1025<br> 4950745 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Class R6 Shares/TEQLX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $17 | 0.15% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Index Fund's total return for Class R6 Shares at net asset value (NAV) was 28.63% for the 12 months ended October 31, 2025. The Fund's index, the MSCI Emerging Markets Index (Net), returned 27.91%.<br>•  Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g75l34.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 28.63% | 6.99% | 7.45% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 7.69% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/ mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $8791253723 |
|  Total number of portfolio holdings | 1206 |
|  Portfolio turnover (%) | 14% |
|  Total management fees paid for the year | $7666739 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g80g66.jpg)

![LOGO](g20723g1g89x42.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M228_AR_1025<br> 4950745 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Retirement Class Shares/TEQSX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $46 | 0.40% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Index Fund's total return for Retirement Class Shares at net asset value (NAV) was 28.35% for the 12 months ended October 31, 2025. The Fund's index, the MSCI Emerging Markets Index (Net), returned 27.91%.<br>•  Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g56x39.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 28.35% | 6.74% | 7.18% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 7.69% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $8791253723 |
|  Total number of portfolio holdings | 1206 |
|  Portfolio turnover (%) | 14% |
|  Total management fees paid for the year | $7666739 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g54c89.jpg)

![LOGO](g20723g1g64u85.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M244_AR_1025<br> 4950745 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Class W Shares/TENWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen Emerging Markets Equity Index Fund's total return for Class W Shares at net asset value (NAV) was 28.82% for the 12 months ended October 31, 2025. The Fund's index, the MSCI Emerging Markets Index (Net), returned 27.91%.<br>•  Despite the effect of certain expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g24m31.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 28.82% | 7.17% | 6.61% |
| &nbsp;&nbsp;&nbsp; MSCI Emerging Markets Index (Net) | 27.91% | 7.46% | 6.70% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $8791253723 |
|  Total number of portfolio holdings | 1206 |
|  Portfolio turnover (%) | 14% |
|  Total management fees paid for the year | $7666739 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g99t84.jpg)

![LOGO](g20723g1g59x54.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P247_AR_1025<br> 4950745 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Equity Index Fund

Class I Shares/TCIHX

Annual Shareholder Report

This annual shareholder report contains important information about the Class I Shares of the Nuveen International Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $20 | 0.18% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Index Fund's total return for Class I Shares at net asset value (NAV) was 23.20% for the 12 months ended October 31, 2025. The Fund's index, the MSCI EAFE Index (Net), returned 23.03%.<br>•  Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (December 4, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g60p03.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception<br> (12/4/15)** |
| &nbsp;&nbsp;&nbsp; Class I Shares at NAV | 23.20% | 12.29% | 7.74% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.78% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $32931823488 |
|  Total number of portfolio holdings | 715 |
|  Portfolio turnover (%) | 9% |
|  Total management fees paid for the year | $12018954 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g06a10.jpg)

![LOGO](g20723g1g06a11.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M111_AR_1025<br> 4950754 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Equity Index Fund

Premier Class Shares/TRIPX

Annual Shareholder Report

This annual shareholder report contains important information about the Premier Class Shares of the Nuveen International Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $22 | 0.20% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Index Fund's total return for Premier Class Shares at net asset value (NAV) was 23.17% for the 12 months ended October 31, 2025. The Fund's index, the MSCI EAFE Index (Net), returned 23.03%.<br>•  Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

------

How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g60p13.jpg)

#### Average Annual Total Returns

---

| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares at NAV | 23.17% | 12.26% | 7.53% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

------

Fund Statistics (as of October 31, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $32931823488 |
|  Total number of portfolio holdings | 715 |
|  Portfolio turnover (%) | 9% |
|  Total management fees paid for the year | $12018954 |

---

What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g49v74.jpg)

![LOGO](g20723g1g32y76.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M319_AR_1025<br> 4950754 | ![LOGO](g20723g1g85u20.jpg) |

---

4.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

---

Nuveen International Equity Index Fund

Class R6 Shares/TCIEX

Annual Shareholder Report

This annual shareholder report contains important information about the Class R6 Shares of the Nuveen International Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

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| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $6 | 0.05% |

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\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Index Fund's total return for Class R6 Shares at net asset value (NAV) was 23.34% for the 12 months ended October 31, 2025. The Fund's index, the MSCI EAFE Index (Net), returned 23.03%.<br>•  Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

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How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g06n18.jpg)

#### Average Annual Total Returns

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| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares at NAV | 23.34% | 12.43% | 7.69% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

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Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

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Fund Statistics (as of October 31, 2025)

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| | |
|:---|:---|
|  Fund net assets | $32931823488 |
|  Total number of portfolio holdings | 715 |
|  Portfolio turnover (%) | 9% |
|  Total management fees paid for the year | $12018954 |

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What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g35e68.jpg)

![LOGO](g20723g1g25m20.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

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Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

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|:---|:---|
| 87244W516_AR_1025<br> 4950754 | ![LOGO](g20723g1g85u20.jpg) |

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4.0 ------

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|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br>Annual Shareholder Report <br>October 31, 2025  |

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Nuveen International Equity Index Fund

Retirement Class Shares/TRIEX

Annual Shareholder Report

This annual shareholder report contains important information about the Retirement Class Shares of the Nuveen International Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

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| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $33 | 0.30% |

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\* Annualized for period less than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Index Fund's total return for Retirement Class Shares at net asset value (NAV) was 23.09% for the 12 months ended October 31, 2025. The Fund's index, the MSCI EAFE Index (Net), returned 23.03%.<br>•  Despite the effect of management fees and other expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

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How did the Fund perform over the last 10 years?

**Performance data shown represents past performance and does not predict or guarantee future results.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (November 1, 2015 through October 31, 2025) **Initial Investment of $10,000**![LOGO](g20723g1g60p23.jpg)

#### Average Annual Total Returns

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| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **10-Year** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares at NAV | 23.09% | 12.15% | 7.42% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.48% |

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Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

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Fund Statistics (as of October 31, 2025)

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| | |
|:---|:---|
|  Fund net assets | $32931823488 |
|  Total number of portfolio holdings | 715 |
|  Portfolio turnover (%) | 9% |
|  Total management fees paid for the year | $12018954 |

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What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g58q69.jpg)

![LOGO](g20723g1g54q79.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.**

3 continued>>

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Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

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| | |
|:---|:---|
| 87244W490_AR_1025<br> 4950754 | ![LOGO](g20723g1g85u20.jpg) |

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4.0 ------

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g20723g1g19w55.jpg) | <br> Annual Shareholder Report <br>October 31, 2025  |

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Nuveen International Equity Index Fund

Class W Shares/TCIWX

Annual Shareholder Report

This annual shareholder report contains important information about the Class W Shares of the Nuveen International Equity Index Fund for the period of November 1, 2024 to October 31, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

#### This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the last year? (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

How did the Fund perform last year? What affected the Fund's performance?

**Performance Highlights**<br>•  The Nuveen International Equity Index Fund's total return for Class W Shares at net asset value (NAV) was 23.43% for the 12 months ended October 31, 2025. The Fund's index, the MSCI EAFE Index (Net), returned 23.03%.<br>•  Despite the effect of certain expenses incurred by the Fund that are not incurred by the benchmark index, the Fund's return at NAV outperformed that of the index.<br>•  A non-U.S. Equity Fund's return may sometimes diverge from the return of its benchmark index more than would be expected. This may be the result of a fair-value pricing adjustment. Many foreign exchanges close before the Fund's daily net asset value (NAV) is calculated (generally 4 p.m. ET). In the intervening hours, the value of foreign securities can change, and these changes are not reflected immediately in the Fund's benchmark index. They may, however, be reflected in the calculation of the Fund's NAV for that day.<br>•  The Fund had a risk profile similar to that of its benchmark. Fair value pricing was the primary driver of the Fund's performance relative to its benchmark during the period.<br>

1 continued>>

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How did the Fund perform over the period since inception?

**Performance data shown represents past performance and does not predict or guarantee future results**. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund Shares.

**Fund Performance** (September 28, 2018 through October 31, 2025) **Initial Investment of $10,000**

![LOGO](g20723g1g60p28.jpg)

#### Average Annual Total Returns

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| | | | |
|:---|:---|:---|:---|
|  | **1-Year** | **5-Year** | **Since Inception**<br> **(9/28/18)** |
| &nbsp;&nbsp;&nbsp; Class W Shares at NAV | 23.43% | 12.48% | 8.01% |
| &nbsp;&nbsp;&nbsp; MSCI EAFE<sup>®</sup> Index (Net) | 23.03% | 12.33% | 7.79% |

---

Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown. For most recent month-end performance, go to https://www.nuveen.com/en-us/mutual-funds/prospectuses or call (800) 257-8787.

2 continued>>

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Fund Statistics (as of October 31, 2025)

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| | |
|:---|:---|
|  Fund net assets | $32931823488 |
|  Total number of portfolio holdings | 715 |
|  Portfolio turnover (%) | 9% |
|  Total management fees paid for the year | $12018954 |

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What did the Fund invest in? (as of October 31, 2025)

![LOGO](g20723g1g36c56.jpg)

![LOGO](g20723g1g26u55.jpg)

How has the Fund changed?

**For more complete information, you may review the Fund's next prospectus, which is expected to be available by March 1, 2026 at https://www.nuveen.com/en-us/mutual-funds/prospectuses or upon request at (800) 257-8787.** 

3 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

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| | |
|:---|:---|
| 87245P239_AR_1025<br> 4950754 | ![LOGO](g20723g1g85u20.jpg) |

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4.0 ------

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| | |
|:---|:---|
| **Item 2.** | **Code of Ethics.**  |

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As of the end of the period covered by this report, the registrant has adopted a code of ethics that applies to the registrant's principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions. There were no amendments to or waivers from the code during the period covered by this report. Upon request, a copy of the registrant's code of ethics is available without charge by calling 800-257-8787.

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|:---|:---|
| **Item 3.** | **Audit Committee Financial Expert.**  |

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As of the end of the period covered by this report, the registrant's Board of Directors or Trustees ("Board") had determined that the registrant has at least one "audit committee financial expert" (as defined in Item 3 of Form N-CSR) serving on its Audit Committee. The members of the registrant's audit committee that have been designated as audit committee financial experts are Joseph A. Boateng, John K. Nelson, Loren M. Starr and Robert L. Young, who are "independent" for purposes of Item 3 of Form N-CSR.

Mr. Boateng has served as the Chief Investment Officer for Casey Family Programs since 2007. He was previously Director of U.S. Pension Plans for Johnson & Johnson from 2002-2006. Mr. Boateng is a board member of the Lumina Foundation and Waterside School, an emeritus board member of Year Up Puget Sound, member of the Investment Advisory Committee and former Chair for the Seattle City Employees' Retirement System, and an Investment Committee Member for The Seattle Foundation. Mr. Boateng previously served on the Board of Trustees for the College Retirement Equities Fund (2018-2023) and on the Management Committee for TIAA Separate Account VA-1 (2019-2023).

Mr. Nelson formerly served on the Board of Directors of Core12, LLC from 2008 to 2023, a private firm which develops branding, marketing, and communications strategies for clients. Mr. Nelson has extensive experience in global banking and markets, having served in several senior executive positions with ABN AMRO Holdings N.V. and its affiliated entities and predecessors, including LaSalle Bank Corporation from 1996 to 2008, ultimately serving as Chief Executive Officer of ABN AMRO N.V. North America. During his tenure at the bank, he also served as Global Head of its Financial Markets Division, which encompassed the bank's Currency, Commodity, Fixed Income, Emerging Markets, and Derivatives businesses. He was a member of the Foreign Exchange Committee of the Federal Reserve Bank of the United States and during his tenure with ABN AMRO served as the bank's representative on various committees of The Bank of Canada, European Central Bank, and The Bank of England. Mr. Nelson previously served as a senior, external advisor to the financial services practice of Deloitte Consulting LLP. (2012-2014).

Mr. Starr was Vice Chair, Senior Managing Director from 2020 to 2021, and Chief Financial Officer, Senior Managing Director from 2005 to 2020, for Invesco Ltd. Mr. Starr is also a Director and Chair of the Audit Committee for AMG. He is former Chair and member of the Board of Directors, Georgia Leadership Institute for School Improvement (GLISI); former Chair and member of the Board of Trustees, Georgia Council on Economic Education (GCEE). Mr. Starr previously served on the Board of Trustees for the College Retirement Equities Fund and on the Management Committee for TIAA Separate Account VA-1 (2022-2023).

Mr. Young has more than 30 years of experience in the investment management industry. From 1997 to 2017, he held various positions with J.P. Morgan Investment Management Inc. ("J.P. Morgan Investment") and its affiliates (collectively, "J.P. Morgan"). Most recently, he served as Chief Operating Officer and Director of J.P. Morgan Investment (from 2010 to 2016) and as President and Principal Executive Officer of the J.P. Morgan Funds (from 2013 to 2016). As Chief Operating Officer of J.P. Morgan Investment, Mr. Young led service, administration and business platform support activities for J.P. Morgan's domestic retail mutual fund and institutional commingled and separate account businesses and co-led these activities for J.P. Morgan's global retail and institutional investment management businesses. As President of the J.P. Morgan Funds, Mr. Young interacted with various service providers to these funds, facilitated the relationship between such funds and their boards, and was directly involved in establishing board agendas, addressing regulatory matters, and establishing policies and procedures. Before joining J.P. Morgan, Mr. Young, a former Certified Public Accountant (CPA), was a Senior Manager (Audit) with Deloitte & Touche LLP (formerly, Touche Ross LLP), where he was employed from 1985 to 1996. During his tenure there, he actively participated in creating, and ultimately led, the firm's midwestern mutual fund practice.

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|:---|:---|
| **Item 4.** | **Principal Accountant Fees and Services.**  |

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TIAA-CREF Funds

The following tables show the amount of fees that PricewaterhouseCoopers LLP ("PwC"), the independent registered public accounting firm, billed to the Registrant during the Registrant's last two full fiscal years. The Audit Committee approved in advance all audit services and non-audit services that PwC provided to the Registrant, except for those non-audit services that were subject to the pre-approval exception under Rule 2-01 of Regulation S-X (the "pre-approval exception"). The pre-approval exception for services provided directly to the Registrant waives the pre-approval requirement for services other than audit, review or attest services if: (A) the aggregate amount of all such services provided constitutes no more than 5% of the total amount of revenues paid by the Registrant during the fiscal year in which the services are provided; (B) the Registrant did not recognize the services as non-audit services at the time of the engagement; and (C) the services are promptly brought to the Audit Committee's attention, and the Committee (or its delegate) approves the services before the audit is completed.

The Audit Committee has delegated certain pre-approval responsibilities to its Chair.

SERVICES THAT THE REGISTRANT'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM BILLED TO THE REGISTRANT

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| | | | | |
|:---|:---|:---|:---|:---|
| **Fiscal Year Ended** | **Audit Fees<br>Billed to Registrant<sup>1</sup>** | **Audit-Related Fees<br>Billed to Registrant<sup>2</sup>** | **Tax Fees<br>Billed to Registrant<sup>3</sup>** | **All Other Fees<br>Billed to Registrant<sup>4</sup>** |
| October 31, 2025 | $925970 | $0 | $344403 | $0 |
| Percentage approved pursuant to pre-approval exception | 0% | 0% | 0% | 0% |
| October 31, 2024 | $951960 | $0 | $148241 | $0 |
| Percentage approved pursuant to pre-approval exception | 0% | 0% | 0% | 0% |

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1 "Audit Fees" are the aggregate fees billed for professional services for the audit of the Registrant's annual financial statements and services provided in connection with statutory and regulatory filings.

2 "Audit-Related Fees" are the aggregate fees billed for assurance and related services reasonably related to the performance of the audit or review of financial statements that are not reported under "Audit Fees".

3 "Tax Fees" are the aggregate fees billed for professional services for tax compliance, tax advice, and tax planning.

4 "All Other Fees" are the aggregate fees billed for products and services other than "Audit Fees", "Audit-Related Fees" and "Tax Fees".

SERVICES THAT THE REGISTRANT'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM BILLED TO THE ADVISER AND AFFILIATED REGISTRANT SERVICE PROVIDERS

The following tables show the amount of fees billed by PwC to Teachers Advisors, LLC (the "Adviser"), and any entity controlling, controlled by or under common control with the Adviser that provides ongoing services to the Registrant ("Affiliated Fund Service Provider"), for engagements directly related to the Registrant's operations and financial reporting, during the Registrant's last two full fiscal years.

The tables also show the percentage of fees subject to the pre-approval exception. The pre-approval exception for services provided to the Adviser and any Affiliated Fund Service Provider (other than audit, review or attest services) waives the pre-approval requirement if: (A) the aggregate amount of all such services provided constitutes no more than 5% of the total amount of revenues paid by the Registrant, the Adviser and Affiliated Fund Service Providers during the fiscal year in which the services are provided that would have to be pre-approved by the Audit Committee; (B) the Registrant did not recognize the services as non-audit services at the

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time of the engagement; and (C) the services are promptly brought to the Audit Committee's attention, and the Committee (or its delegate) approves the services before the Registrant's audit is completed.

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| | | | |
|:---|:---|:---|:---|
| **Fiscal Year Ended** | **Audit-Related Fees<br>Billed to Adviser<br>and Affiliated Fund<br>Service Providers** | **Tax Fees<br>Billed to Adviser<br>and Affiliated Fund<br>Service Providers** | **All Other Fees<br>Billed to Adviser<br>and Affiliated Fund<br>Service Providers** |
|  October 31, 2025 | $0 | $0 | $0 |
|  Percentage approved pursuant to pre-approval exception | 0% | 0% | 0% |
|  October 31, 2024 | $11845 | $0 | $0 |
|  Percentage approved pursuant to pre-approval exception | 0% | 0% | 0% |

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NON-AUDIT SERVICES

The following table shows the amount of fees that PwC billed during the Registrant's last two full fiscal years for non-audit services. The Audit Committee is required to pre-approve non-audit services that the Registrant's independent registered public accounting firm provides to the Adviser and any Affiliated Fund Service Provider, if the engagement related directly to the Registrant's operations and financial reporting (except for those subject to the pre-approval exception described above). The Audit Committee requested and received information from PwC about any non-audit services rendered during the Registrant's last fiscal year to the Adviser and any Affiliated Fund Service Provider. The Committee considered this information in evaluating PwC's independence.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Fiscal Year Ended** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Non-Audit Fees <br>Billed to Registrant** | **Total Non-Audit Fees<br>Billed to Adviser and<br>Affiliated Fund Service<br>Providers (engagements<br>related directly to the<br>operations and financial<br>reporting of the<br>Registrant)** | **Total Non-Audit Fees<br>Billed to Adviser and<br>Affiliated Fund Service<br>Providers (all other<br>engagements)** | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total**  |
|  October 31, 2025 | $344403 | $0 | $11376794 | $11721197 |
|  October 31, 2024 | $148241 | $0 | $303870 | $452111 |

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"Non-Audit Fees billed to Registrant" for both fiscal year ends represent "Tax Fees" and "All Other Fees" billed to the Registrant in their respective amounts from the previous table.

Less than 50 percent of the hours expended on the independent registered public accounting firm's engagement to audit the Registrant's financial statements for the most recent fiscal year were attributed to work performed by persons other than the independent registered public accounting firm's full-time, permanent employees.

Audit Committee Pre-Approval Policies and Procedures. Generally, the Audit Committee must approve (i) all non-audit services to be performed for the Registrant by the Registrant's independent registered public accounting firm and (ii) all audit and non-audit services to be performed by the Registrant's independent registered public accounting firm for the Affiliated Fund Service Providers with respect to the operations and financial reporting of the Registrant.

Item 4(i) and Item 4(j) are not applicable to the Registrant.

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| | |
|:---|:---|
| **Item 5.** | **Audit Committee of Listed Registrants.**  |

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Not applicable to this registrant.

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|:---|:---|
| **Item 6.** | **Investments.**  |

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(a) Schedule of Investments is included as part of the financial statements filed under Item 7 of this Form N-CSR.

(b) Not applicable.

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

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Report of Independent Registered Public Accounting Firm

To the Board of Trustees of TIAA-CREF Funds and Shareholders of Nuveen Emerging Markets Debt Fund and Nuveen International

Bond Fund

Opinions on the Financial Statements

We have audited (i) the accompanying statement of assets and liabilities, including the portfolio of investments, of Nuveen Emerging

Markets Debt Fund as of October 31, 2025, the related statement of operations for the year ended October 31, 2025, the statement

of changes in net assets for each of the two years in the period ended October 31, 2025, including the related notes, and the

financial highlights for each of the five years in the period ended October 31, 2025 and (ii) the accompanying consolidated statement

of assets and liabilities, including the consolidated portfolio of investments, of Nuveen International Bond Fund and its subsidiaries

as of October 31, 2025, the related consolidated statement of operations for the year ended October 31, 2025, the consolidated

statement of changes in net assets for each of the two years in the period ended October 31, 2025, including the related notes, and

the consolidated financial highlights for each of the five years in the period ended October 31, 2025 (two of the funds constituting

TIAA-CREF Funds, hereafter collectively referred to as the "Funds") (collectively referred to as the "financial statements"). In our

opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31,

2025, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two

years in the period ended October 31, 2025 and each of the financial highlights for each of the five years in the period ended October

31, 2025 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinions

These financial statements are the responsibility of the Funds' management. Our responsibility is to express an opinion on the

Funds' financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting

Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S.

federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require

that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material

misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to

error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence

regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles

used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our

procedures included confirmation of securities owned as of October 31, 2025 by correspondence with the custodian, issuer, agent

banks and brokers; when replies were not received from agent banks and brokers, we performed other auditing procedures. We

believe that our audits provide a reasonable basis for our opinions.

/s/PricewaterhouseCoopers LLP

Chicago, Illinois

December 26, 2025

We have served as the auditor of one or more investment companies in Nuveen Funds since 2002.

Emerging Markets Debt

Portfolio of Investments October 31, 2025

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 95.5%

BANK LOAN OBLIGATIONS - 0.5%

PUERTO RICO - 0.5%

$

1,840,000

(a) Coral-US Co-Borrower, LLC, Term Loan B6, (TSFR1M + 3.000%)

7.147 %

10/15/29

$

1,802,630

2,000,000

(a) Coral-US Co-Borrower, LLC, Term Loan B7, (TSFR3M + 3.250%)

7.155 01/30/32

1,941,670

TOTAL PUERTO RICO

3,744,300

TOTAL BANK LOAN OBLIGATIONS

(Cost $3,822,368)

3,744,300

SHARES

DESCRIPTION

VALUE

COMMON STOCKS - 0.5%

MEXICO - 0.5%

2,655,890

(b) Grupo Aeromexico SAB de C.V.

4,169,569

TOTAL MEXICO

4,169,569

TOTAL COMMON STOCKS

(Cost $4,992,338)

4,169,569

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CORPORATE BONDS - 44.5%

ANGOLA - 0.1%

850,000

(c) Azule Energy Finance PLC

8.125 01/23/30

854,255

TOTAL ANGOLA

854,255

ARGENTINA - 1.1%

3,025,000

(c) Arcor SAIC

7.600 07/31/33

3,076,425

2,000,000

(c) Pampa Energia S.A.

7.875 12/16/34

2,025,600

500,000

(c) YPF S.A.

6.950 07/21/27

499,073

1,200,000

(c) YPF S.A.

8.750 09/11/31

1,232,727

2,000,000

(c) YPF S.A.

.250

01/17/34

2,013,312

TOTAL ARGENTINA

8,847,137

AUSTRALIA - 0.4%

725,000

AngloGold Ashanti Holdings plc

3.375 11/01/28

703,585

2,425,000

AngloGold Ashanti Holdings plc

3.750 10/01/30

2,321,604

TOTAL AUSTRALIA

3,025,189

BRAZIL - 3.8%

2,900,000

(c),(d)

Banco Bradesco S.A.

6.500 01/22/30

3,052,250

3,625,000

(c) Caixa Economica Federal

5.625 05/13/30

3,680,825

2,200,000

(c) Embraer Netherlands Finance BV

7.000 07/28/30

2,420,647

600,000

(c),(d)

Itau Unibanco Holding S.A.

6.000 02/27/30

627,693

1,000,000

(c) Klabin Austria GmbH

5.750 04/03/29

1,014,770

1,725,000

(c) LD Celulose International GmbH

7.950 01/26/32

1,815,219

2,100,000

(c) Minerva Luxembourg S.A.

8.875 09/13/33

2,297,680

207,066

(c) Oi S.A., (cash 10.000% or cash 7.500% and 6.000 PIK or PIK 13.500%)

10.000 06/30/27

93,180

1,950,000

(d) Petrobras Global Finance BV

6.250 01/10/36

1,923,410

1,500,000

Petrobras Global Finance BV

6.900 03/19/49

1,501,500

1,800,000

(c) Raizen Fuels Finance S.A.

5.700 01/17/35

1,437,624

2,300,000

(c) Rede D'or Finance Sarl

6.450 09/09/35

2,355,890

950,000

(c) Rio Oil Finance Trust

8.200 04/06/28

980,964

2,200,000

(c) Rumo Luxembourg Sarl

4.200 01/18/32

2,030,424

1,000,000

(c) Sitios Latinoamerica SAB de C.V.

5.375 04/04/32

1,002,225

1,435,000

Suzano Netherlands BV

5.500 01/15/36

1,431,212

1,880,000

Vale Overseas Ltd

6.400 06/28/54

1,958,571

TOTAL BRAZIL

29,624,084

CHILE - 4.5%

2,000,000

(c) AES Andes S.A.

6.250 03/14/32

2,085,864

1,075,000

(c) AES Andes S.A.

8.150 06/10/55

1,123,805

2,559,643

(c) Alfa Desarrollo S.p.A

4.550 09/27/51

2,095,669

1,525,000

(c) Antofagasta plc

5.625 09/09/35

1,566,754

2,300,000

(c),(d),(e),(f)

Banco de Credito e Inversiones S.A.

7.500 N/A

2,423,073

1,000,000

(c),(e),(f)

Banco de Credito e Inversiones S.A.

8.750 N/A

1,075,000

2,100,000

(c),(e),(f)

Banco del Estado de Chile

7.950 N/A

2,233,190

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CHILE

(continued)

$

1,900,000

(c) Celulosa Arauco y Constitucion S.A.

6.180 %

05/05/32

$

1,970,300

1,500,000

(c) Celulosa Arauco y Constitucion S.A.

5.150 01/29/50

1,309,065

977,505

(c) Chile Electricity Lux Mpc II Sarl

5.580 10/20/35

1,005,657

2,450,000

(c) Cia Cervecerias Unidas S.A.

3.350 01/19/32

2,216,712

2,200,000

(c) Colbun S.A.

5.375 09/11/35

2,218,700

1,000,000

(c) Corp Nacional del Cobre de Chile

6.330 01/13/35

1,066,900

850,000

(c) Corp Nacional del Cobre de Chile

6.440 01/26/36

925,629

2,150,000

(c) Corp Nacional del Cobre de Chile

4.375 02/05/49

1,724,214

450,000

(c) Corp Nacional del Cobre de Chile

6.780 01/13/55

492,075

1,500,000

(c) Embotelladora Andina S.A.

3.950 01/21/50

1,161,026

2,000,000

(c) Empresa de los Ferrocarriles del Estado

3.068 08/18/50

1,278,151

2,200,000

(c) Empresa Nacional del Petroleo

3.450 09/16/31

2,025,528

500,000

(c) Empresa Nacional del Petroleo

6.150 05/10/33

529,271

2,000,000

(c) Inversiones CMPC S.A.

6.700 12/09/57

2,020,600

1,000,000

(c) Latam Airlines Group S.A.

7.875 04/15/30

1,034,150

1,700,000

(c) Latam Airlines Group S.A.

7.625 01/07/31

1,748,280

TOTAL CHILE

35,329,613

CHINA - 0.2%

1,500,000

(c),(d)

Lenovo Group Ltd

3.421 11/02/30

1,432,361

TOTAL CHINA

1,432,361

COLOMBIA - 2.3%

1,643,000

(c),(d),(f)

Banco Davivienda S.A.

8.125 07/02/35

1,694,692

1,500,000

(f) Bancolombia S.A.

8.625 12/24/34

1,602,598

2,075,000

Ecopetrol S.A.

4.625 11/02/31

1,860,934

1,000,000

Ecopetrol S.A.

8.875 01/13/33

1,082,387

1,000,000

Ecopetrol S.A.

5.875 11/02/51

735,460

2,000,000

(c) Empresas Publicas de Medellin ESP

4.250 07/18/29

1,890,359

1,000,000

(c) Empresas Publicas de Medellin ESP

4.375 02/15/31

926,312

1,050,000

(c) Gran Tierra Energy, Inc

9.500 10/15/29

850,072

2,575,000

(c) Grupo Aval Ltd

.375

02/04/30

2,429,356

2,250,000

(c) Grupo Energia Bogota S.A. ESP

5.750 10/22/35

2,233,463

2,200,000

(c) Grupo Nutresa S.A.

8.000 05/12/30

2,363,350

TOTAL COLOMBIA

17,668,983

COSTA RICA - 0.6%

1,592,084

(c) Autopistas del Sol S.A.

7.375 12/30/30

1,594,074

3,000,000

(c) Liberty Costa Rica Senior Secured Finance

10.875 01/15/31

3,174,000

TOTAL COSTA RICA

4,768,074

DOMINICAN REPUBLIC - 0.5%

2,300,000

(c) Aeropuertos Dominicanos Siglo XXI S.A.

7.000 06/30/34

2,409,365

1,700,000

(c) AES Andres BV

5.700 05/04/28

1,657,398

TOTAL DOMINICAN REPUBLIC

4,066,763

EL SALVADOR - 0.3%

2,450,000

(c) Comision Ejecutiva Hidroelectrica del Rio Lempa

8.650 01/24/33

2,594,550

TOTAL EL SALVADOR

2,594,550

GHANA - 0.4%

1,100,000

(c) Kosmos Energy Ltd

7.500 03/01/28

875,453

1,075,000

(c),(d)

Kosmos Energy Ltd

8.750 10/01/31

722,454

1,522,000

(c) Tullow Oil plc

10.250 05/15/26

1,282,285

TOTAL GHANA

2,880,192

GUATEMALA - 1.0%

700,000

(c) CT Trust

5.125 02/03/32

661,213

3,300,000

(c) Energuate Trust

6.350 09/15/35

3,311,540

1,650,000

(c) Investment Energy Resources Ltd

6.250 04/26/29

1,642,054

1,750,000

(c) Millicom International Cellular S.A.

7.375 04/02/32

1,827,557

TOTAL GUATEMALA

7,442,364

HONG KONG - 0.2%

1,500,000

(c) Melco Resorts Finance Ltd

5.375 12/04/29

1,477,170

TOTAL HONG KONG

1,477,170

INDIA - 2.7%

2,100,000

(c) Adani Ports & Special Economic Zone Ltd

4.375 07/03/29

2,052,573

1,800,000

(c) Adani Ports & Special Economic Zone Ltd

3.100 02/02/31

1,613,421

Emerging Markets Debt

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

INDIA

(continued)

$

697,914

(c) Azure Power Energy Ltd

3.575 %

08/19/26

$

683,031

1,687,875

(c) Continuum Green Energy India Pvt

7.500 06/26/33

1,778,497

3,050,000

(c) IRB Infrastructure Developers Ltd

7.110 03/11/32

3,174,201

2,225,000

(c) Muthoot Finance Ltd

6.375 04/23/29

2,256,890

3,500,000

(c),(e)

Network i2i Ltd

3.975 N/A

3,482,069

2,700,000

(c) ReNew Wind Energy AP2

4.500 07/14/28

2,609,333

1,500,000

(c) Sammaan Capital Ltd

8.950 08/28/28

1,578,363

2,100,000

(c) Shriram Finance Ltd

6.150 04/03/28

2,151,700

TOTAL INDIA

21,380,078

INDONESIA - 2.1%

2,400,000

(e) Bank Negara Indonesia Persero Tbk PT

4.300 N/A

2,340,870

1,085,000

(c) Freeport Indonesia PT

5.315 04/14/32

1,107,450

1,800,000

(c) Indika Energy Tbk PT

8.750 05/07/29

1,803,363

1,500,000

(c) Medco Laurel Tree Pte Ltd

.950

11/12/28

1,507,749

1,500,000

(c) Medco Maple Tree Pte Ltd

8.960 04/27/29

1,572,584

1,000,000

(c) Pertamina Hulu Energi PT

5.250 05/21/30

1,021,012

1,250,000

(c) Pertamina Persero PT

4.700 07/30/49

1,080,402

1,000,000

(c) Perusahaan Listrik Negara PT

5.250 10/24/42

943,598

2,000,000

(c) Perusahaan Listrik Negara PT

6.150 05/21/48

2,069,410

1,632,510

(c) Sorik Marapi Geothermal Power PT

7.750 08/05/31

1,672,344

995,000

(c) Star Energy Geothermal Darajat II

4.850 10/14/38

959,212

TOTAL INDONESIA

16,077,994

ISRAEL - 0.9%

2,000,000

(c),(f)

Bank Hapoalim BM

3.255 01/21/32

1,955,272

2,841,000

(c) Energean Israel Finance Ltd

5.375 03/30/28

2,794,834

500,000

(c) Energean Israel Finance Ltd

5.875 03/30/31

482,475

485,000

(c) Energean Israel Finance Ltd

8.500 09/30/33

517,732

1,600,000

(c) Leviathan Bond Ltd

6.750 06/30/30

1,617,000

TOTAL ISRAEL

7,367,313

JAMAICA - 0.8%

3,500,000

(c) Kingston Airport Revenue Finance Ltd

6.750 12/15/36

3,587,500

2,850,000

(c) Montego Bay Airport Revenue Finance Ltd

6.600 06/15/35

2,823,751

TOTAL JAMAICA

6,411,251

KAZAKHSTAN - 0.5%

1,550,000

(c) KazMunayGas National Co JSC

6.375 10/24/48

1,564,422

2,225,000

(c) QazaqGaz NC JSC

4.375 09/26/27

2,207,647

TOTAL KAZAKHSTAN

3,772,069

KOREA, REPUBLIC OF - 0.7%

2,750,000

(c) GS Caltex Corp

4.250 10/28/30

2,719,723

2,500,000

(c) Momentive Performance Materials, Inc

4.125 10/22/28

2,487,622

TOTAL KOREA, REPUBLIC OF

5,207,345

MACAU - 0.3%

200,000

(c),(d)

MGM China Holdings Ltd

7.125 06/26/31

211,416

2,000,000

Sands China Ltd

3.250 08/08/31

1,839,743

TOTAL MACAU

2,051,159

MALAYSIA - 0.6%

3,320,000

(c) Petronas Capital Ltd

5.340 04/03/35

3,466,841

1,300,000

(c) Petronas Capital Ltd

.848

04/03/55

1,388,534

TOTAL MALAYSIA

4,855,375

MAURITIUS - 0.1%

1,000,000

(c) WLB Asset VI Pte Ltd

7.250 12/21/27

1,044,470

TOTAL MAURITIUS

1,044,470

MEXICO - 6.4%

3,100,000

(c),(e),(f)

Banco Mercantil del Norte S.A.

8.375 N/A

3,242,175

1,550,000

(c) Banco Nacional de Comercio Exterior SNC

5.875 05/07/30

1,608,451

1,500,000

(c) Banco Nacional de Comercio Exterior SNC

2.720 08/11/31

1,463,819

3,000,000

(c),(f)

BBVA Bancomer S.A.

5.125 01/18/33

2,968,140

1,100,000

(c),(f)

BBVA Mexico S.A. Institucion De Banca Multiple Grupo Financiero BBVA Mexico

7.625 02/11/35

1,164,944

2,900,000

(c),(e)

Cemex SAB de C.V.

7.200 N/A

3,012,955

2,300,000

(c) CFE FIBRA E

5.875 09/23/40

2,311,960

860,000

(c) Comision Federal de Electricidad

6.125 06/16/45

804,754

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MEXICO

(continued)

$

1,640,000

(c) Comision Federal de Electricidad

6.264 %

02/15/52

$

1,547,819

1,981,015

(c) FIEMEX Energia-Banco Actinver S.A. Institucion de Banca Multiple

7.250 01/31/41

2,095,161

375,000

(c) Gruma SAB de C.V.

5.390 12/09/34

384,372

975,000

(c) Gruma SAB de C.V.

5.761 12/09/54

978,455

2,100,000

(c),(d)

Grupo Aeromexico SAB de C.V.

8.625 11/15/31

2,105,895

1,000,000

(c) Mexico City Airport Trust

5.500 10/31/46

882,702

2,500,000

(c) Mexico Remittances Funding Fiduciary Estate Management Sarl

12.500 10/15/31

2,600,000

2,200,000

(c) Nemak SAB de C.V.

3.625 06/28/31

1,926,069

960,000

(c) Orbia Advance Corp SAB de C.V.

6.800 05/13/30

959,369

1,000,000

(c),(d)

Orbia Advance Corp SAB de C.V.

7.500 05/13/35

995,000

2,100,000

Pemex Project Funding Master Trust

6.625 06/15/35

2,015,203

3,947,000

Petroleos Mexicanos

6.840 01/23/30

4,051,453

5,619,000

Petroleos Mexicanos

6.700 02/16/32

5,614,183

2,200,000

Petroleos Mexicanos

5.625 01/23/46

1,684,029

2,075,000

Petroleos Mexicanos

6.350 02/12/48

1,662,994

1,500,000

Petroleos Mexicanos

6.950 01/28/60

1,235,250

500,000

(c) Saavi Energia Sarl

8.875 02/10/35

537,500

2,375,000

(c) Trust Fibra Uno

4.869 01/15/30

2,320,707

TOTAL MEXICO

50,173,359

MOROCCO - 0.6%

1,200,000

(c) OCP S.A.

6.700 03/01/36

1,292,526

4,000,000

(c) OCP S.A.

5.125 06/23/51

3,374,180

TOTAL MOROCCO

4,666,706

NETHERLANDS - 0.2%

200,000

(c) Veon Midco BV

3.375 11/25/27

187,314

1,600,000

(c) Veon Midco BV

9.000 07/15/29

1,662,756

TOTAL NETHERLANDS

1,850,070

NIGERIA - 0.5%

1,000,000

(c) IHS Holding Ltd

6.250 11/29/28

998,781

3,100,000

(c) IHS Holding Ltd

7.875 05/29/30

3,162,213

TOTAL NIGERIA

4,160,994

PANAMA - 0.8%

2,000,000

(c) Aeropuerto Internacional de Tocumen S.A.

5.125 08/11/61

1,606,200

3,000,000

(c) Banco Nacional de Panama

2.500 08/11/30

2,647,796

1,200,000

(c) Empresa de Transmision Electrica S.A.

5.125 05/02/49

913,692

200,000

(c) Sable International Finance Ltd

7.125 10/15/32

200,078

1,322,978

(c) UEP Penonome II S.A.

6.500 10/01/38

1,191,342

TOTAL PANAMA

6,559,108

PERU - 2.1%

1,250,000

(c) Banco BBVA Peru S.A.

6.200 06/07/34

1,295,729

2,000,000

(c),(d)

Banco de Credito del Peru S.A.

5.650 01/15/37

2,009,580

1,700,000

(c) Banco Internacional del Peru SAA Interbank

6.397 04/30/35

1,755,335

1,400,000

(c) Hunt Oil Co of Peru LLC Sucursal Del Peru

7.750 11/05/38

1,547,854

1,125,000

(c) Kallpa Generacion S.A.

5.500 09/11/35

1,132,762

745,612

(c) Lima Metro Line 2 Finance Ltd

4.350 04/05/36

724,021

1,600,000

(c) Niagara Energy SAC

5.746 10/03/34

1,646,618

1,500,200

(c) Peru LNG Srl

5.375 03/22/30

1,448,236

2,750,000

(c) Petroleos del Peru S.A.

5.625 06/19/47

1,980,000

2,690,000

(c) Volcan Cia Minera SAA

8.500 10/28/32

2,727,795

TOTAL PERU

16,267,930

SAUDI ARABIA - 1.4%

3,900,000

(c) Arabian Centres Sukuk II Ltd

5.625 10/07/26

3,802,734

2,500,000

(c) EIG Pearl Holdings Sarl

4.387 11/30/46

2,094,280

2,500,000

(c) S.A. Global Sukuk Ltd

4.125 09/17/30

2,460,643

1,250,000

(c) Saudi Arabian Oil Co

4.375 04/16/49

1,066,965

1,800,000

(c) Saudi Arabian Oil Co

3.250 11/24/50

1,242,072

500,000

Saudi Awwal Bank

5.947 09/04/35

505,540

TOTAL SAUDI ARABIA

11,172,234

SOUTH AFRICA - 2.5%

800,000

(e),(f)

Absa Group Ltd

6.375 N/A

799,963

2,575,000

(c) Bidvest Group UK plc

6.200 09/17/32

2,608,153

Emerging Markets Debt

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SOUTH AFRICA

(continued)

$

2,875,000

(c) Eskom Holdings SOC Ltd

6.350 %

08/10/28

$

2,959,887

5,600,000

(c) Eskom Holdings SOC Ltd

8.450 08/10/28

5,992,350

3,400,000

(c) Transnet SOC Ltd

8.250 02/06/28

3,593,668

3,200,000

(c) Windfall Mining Group, Inc

5.854 05/13/32

3,344,831

TOTAL SOUTH AFRICA

19,298,852

SUPRANATIONAL - 0.2%

KZT

1,010,000,000

International Bank for Reconstruction & Development

13.750 06/11/26

1,852,184

TOTAL SUPRANATIONAL

1,852,184

THAILAND - 0.2%

2,100,000

(c),(f)

Bangkok Bank PCL

3.466 09/23/36

1,915,244

TOTAL THAILAND

1,915,244

TOGO - 0.2%

1,600,000

(c) Ecobank Transnational, Inc

10.125 10/15/29

1,738,696

TOTAL TOGO

1,738,696

TRINIDAD AND TOBAGO - 0.3%

850,000

(c) National Gas Company of Trinidad and Tobago Limited

6.050 01/15/36

785,876

1,350,000

(c) Trinidad Generation UnLtd

7.750 06/16/33

1,414,800

TOTAL TRINIDAD AND TOBAGO

2,200,676

TURKEY - 3.6%

1,950,000

(c) Akbank TAS

7.498 01/20/30

2,044,356

3,700,000

(c) Anadolu Efes Biracilik Ve Malt Sanayii AS.

3.375 06/29/28

3,427,538

2,700,000

(c) Ford Otomotiv Sanayi AS.

7.125 04/25/29

2,785,846

3,300,000

(c) Limak Cimento Sanayi ve Ticaret AS.

9.750 07/25/29

3,382,615

1,400,000

(c) Sisecam UK plc

8.625 05/02/32

1,441,972

3,350,000

(c) Turk Telekomunikasyon AS.

.950

10/07/32

3,387,141

1,990,000

(c) Turkcell Iletisim Hizmetleri AS.

7.650 01/24/32

2,084,954

2,500,000

(c),(d)

Turkiye Garanti Bankasi AS.

8.125 01/08/36

2,570,672

1,200,000

(c) Turkiye Garanti Bankasi AS.

7.625 04/15/36

1,204,240

2,375,000

(c) Ulker Biskuvi Sanayi AS.

7.875 07/08/31

2,456,561

1,300,000

(c) Yapi ve Kredi Bankasi AS.

7.250 03/03/30

1,337,045

2,000,000

(c) Yapi ve Kredi Bankasi AS.

9.250 01/17/34

2,126,087

TOTAL TURKEY

28,249,027

UKRAINE - 0.2%

2,335,120

(c) NAK Naftogaz Ukraine via Kondor Finance plc

7.625 11/08/28

1,810,193

TOTAL UKRAINE

1,810,193

UNITED ARAB EMIRATES - 0.8%

2,000,000

(c) Abu Dhabi Crude Oil Pipeline LLC

4.600 11/02/47

1,881,707

1,747,975

(c) Galaxy Pipeline Assets Bidco Ltd

2.160 03/31/34

1,588,025

1,000,000

(c) MDGH GMTN RSC Ltd

4.375 11/22/33

994,078

2,290,250

(c) Sweihan PV Power Co PJSC

3.625 01/31/49

1,961,805

TOTAL UNITED ARAB EMIRATES

6,425,615

UNITED KINGDOM - 0.2%

1,500,000

(c),(e),(f)

Standard Chartered plc

7.625 N/A

1,592,659

TOTAL UNITED KINGDOM

1,592,659

ZAMBIA - 0.2%

1,265,000

(c) First Quantum Minerals Ltd

8.000 03/01/33

1,344,420

TOTAL ZAMBIA

1,344,420

TOTAL CORPORATE BONDS

(Cost $351,751,894)

349,455,756

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

GOVERNMENT BONDS - 48.4%

ANGOLA - 0.6%

2,250,000

(c) Angolan Government International Bond

8.250 05/09/28

2,217,578

1,250,000

(c) Angolan Government International Bond

8.000 11/26/29

1,195,005

1,950,000

(c) Angolan Government International Bond

9.375 05/08/48

1,673,246

TOTAL ANGOLA

5,085,829

ARGENTINA - 2.0%

2,420,000

Argentina Republic Government International Bond (Step Bond)

0.750 07/09/30

1,978,350

4,050,000

Argentine Republic Government International Bond

5.000 01/09/38

2,970,675

12,009,989

Argentine Republic Government International Bond (Step Bond)

4.125 07/09/35

8,412,997

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ARGENTINA

(continued)

$

2,709,263

(c) Provincia de Buenos Aires (Step Bond)

6.625 %

09/01/37

$

1,984,535

TOTAL ARGENTINA

15,346,557

AZERBAIJAN - 0.5%

3,900,000

(c) Republic of Azerbaijan International Bond

3.500 09/01/32

3,643,995

TOTAL AZERBAIJAN

3,643,995

BARBADOS - 0.5%

4,125,000

(c) Barbados Government International Bond

8.000 06/26/35

4,290,000

TOTAL BARBADOS

4,290,000

BENIN - 0.5%

1,700,000

(c) Benin Government International Bond

7.960 02/13/38

1,768,597

725,000

(c) Benin Government International Bond

8.375 01/23/41

772,842

EUR

1,125,000

(c) Benin Government International Bond

6.875 01/19/52

1,195,336

TOTAL BENIN

3,736,775

BRAZIL - 2.0%

BRL

14,282,000

Brazil Notas do Tesouro Nacional Serie F

10.000 01/01/27

2,555,912

BRL

26,175,000

Brazil Notas do Tesouro Nacional Serie F

10.000 01/01/31

4,277,569

1,500,000

Brazilian Government International Bond

5.500 11/06/30

1,530,975

4,010,000

Brazilian Government International Bond

6.000 10/20/33

4,100,225

1,100,000

Brazilian Government International Bond

5.000 01/27/45

899,250

300,000

Brazilian Government International Bond

4.750 01/14/50

225,750

1,475,000

Brazilian Government International Bond

7.125 05/13/54

1,494,175

930,000

Brazilian Government International Bond

7.250 01/12/56

940,555

TOTAL BRAZIL

16,024,411

CAMEROON - 0.1%

EUR

1,000,000

(c) Republic of Cameroon International Bond

5.950 07/07/32

932,988

TOTAL CAMEROON

932,988

CHILE - 0.7%

CLP

1,270,000,000

(c) Bonos de la Tesoreria de la Republica en pesos

5.000 10/01/28

1,350,054

CLP

700,000,000

(c) Bonos de la Tesoreria de la Republica en pesos

5.800 10/01/29

758,027

CLP

1,380,000,000

(c) Bonos de la Tesoreria de la Republica en pesos

6.000 04/01/33

1,508,234

EUR

1,830,000

Chile Government International Bond

3.800 07/01/35

2,125,161

TOTAL CHILE

5,741,476

COLOMBIA - 2.1%

EUR

2,385,000

Colombia Government International Bond

5.000 09/19/32

2,688,701

2,675,000

Colombia Government International Bond

7.500 02/02/34

2,835,366

1,525,000

Colombia Government International Bond

8.000 11/14/35

1,662,250

1,500,000

Colombia Government International Bond

7.750 11/07/36

1,597,890

3,550,000

Colombia Government International Bond

5.625 02/26/44

2,950,050

COP

5,820,000,000

Colombian TES

7.750 09/18/30

1,318,116

COP

9,450,000,000

Colombian TES

7.000 06/30/32

1,944,268

COP

6,600,000,000

Colombian TES

6.250 07/09/36

1,158,607

TOTAL COLOMBIA

16,155,248

COSTA RICA - 0.7%

1,050,000

(c) Costa Rica Government International Bond

6.550 04/03/34

1,134,430

4,075,000

(c) Costa Rica Government International Bond

7.000 04/04/44

4,407,113

TOTAL COSTA RICA

5,541,543

COTE D'IVOIRE - 0.6%

1,500,000

(c) Ivory Coast Government International Bond

8.075 04/01/36

1,579,408

2,190,030

(c) Ivory Coast Government International Bond (Step Bond)

5.750 12/31/32

2,190,788

1,200,000

(c) Ivory Coast Government International Bond (Step Bond)

8.250 01/30/37

1,274,522

TOTAL COTE D'IVOIRE

5,044,718

CZECH REPUBLIC - 0.7%

CZK

66,600,000

Czech Republic Government Bond

0.950 05/15/30

2,768,873

CZK

62,900,000

Czech Republic Government Bond

1.750 06/23/32

2,559,147

TOTAL CZECH REPUBLIC

5,328,020

DOMINICAN REPUBLIC - 1.7%

DOP

57,200,000

(c) Dominican Republic Government International Bond

10.375 01/11/30

920,635

700,000

(c) Dominican Republic Government International Bond

7.050 02/03/31

752,920

5,025,000

(c) Dominican Republic Government International Bond

4.875 09/23/32

4,809,176

1,585,000

(c) Dominican Republic Government International Bond

7.450 04/30/44

1,758,003

3,825,000

(c) Dominican Republic Government International Bond

5.875 01/30/60

3,450,532

Emerging Markets Debt

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

DOMINICAN REPUBLIC

(continued)

$

1,725,000

(c) Dominican Republic International Bond

5.875 %

10/28/35

$

1,721,464

TOTAL DOMINICAN REPUBLIC

13,412,730

ECUADOR - 0.8%

2,384,600

(c) Ecuador Government International Bond (Step Bond)

5.000 07/31/30

2,172,371

4,637,020

(c) Ecuador Government International Bond (Step Bond)

1.000 07/31/35

3,547,320

820,000

(c) Ecuador Government International Bond (Step Bond)

5.000 07/31/40

557,600

TOTAL ECUADOR

6,277,291

EGYPT - 1.8%

850,000

(c) Egypt Government International Bond

5.800 09/30/27

851,743

1,725,000

(c) Egypt Government International Bond

7.600 03/01/29

1,802,469

2,625,000

(c) Egypt Government International Bond

8.625 02/04/30

2,812,520

3,200,000

(c) Egypt Government International Bond

7.053 01/15/32

3,184,470

5,400,000

(c) Egypt Government International Bond

8.500 01/31/47

4,982,723

1,000,000

(c) Egypt Government International Bond

8.150 11/20/59

870,317

TOTAL EGYPT

14,504,242

EL SALVADOR - 0.6%

3,100,000

(c) El Salvador Government International Bond

7.625 02/01/41

3,061,250

1,900,000

(c) El Salvador Government International Bond

7.125 01/20/50

1,707,042

1,500,000

(c) Republic of El Salvador

0.250 04/17/30

37,500

TOTAL EL SALVADOR

4,805,792

GHANA - 0.8%

2,038,338

(c) Ghana Government International Bond

5.000 07/03/29

1,982,266

5,456,164

(c) Ghana Government International Bond

5.000 07/03/35

4,695,575

TOTAL GHANA

6,677,841

GUATEMALA - 1.2%

3,950,000

(c) Guatemala Government Bond

6.250 08/15/36

4,161,996

1,000,000

(c) Guatemala Government Bond

6.875 08/15/55

1,076,660

525,000

(c) Guatemala Government International Bond

4.900 06/01/30

522,900

2,775,000

(c) Guatemala Government International Bond

3.700 10/07/33

2,497,500

1,250,000

(c) Guatemala Government International Bond

4.650 10/07/41

1,093,750

TOTAL GUATEMALA

9,352,806

HONDURAS - 0.3%

950,000

(c) Honduras Government International Bond

5.625 06/24/30

926,250

1,075,000

(c) Honduras Government International Bond

8.625 11/27/34

1,151,862

TOTAL HONDURAS

2,078,112

HUNGARY - 1.6%

HUF

600,000,000

Hungary Government Bond

4.500 03/23/28

1,710,001

1,900,000

(c) Hungary Government International Bond

6.125 05/22/28

1,980,490

4,900,000

(c) Hungary Government International Bond

2.125 09/22/31

4,222,322

HUF

452,750,000

Hungary Government International Bond

4.750 11/24/32

1,210,044

2,900,000

(c) Hungary Government International Bond

6.000 09/26/35

3,047,469

750,000

(c) Hungary Government International Bond

3.125 09/21/51

487,987

TOTAL HUNGARY

12,658,313

INDIA - 0.6%

INR

164,500,000

India Government Bond

7.180 07/24/37

1,898,347

INR

246,000,000

India Government International Bond

7.180 08/14/33

2,861,356

TOTAL INDIA

4,759,703

INDONESIA - 0.7%

IDR

44,560,000,000

Indonesia Treasury Bond

7.000 09/15/30

2,841,335

IDR

39,834,000,000

Indonesia Treasury Bond

6.625 02/15/34

2,477,537

TOTAL INDONESIA

5,318,872

IRAQ - 0.2%

1,273,438

(c) Iraq Government International Bond

5.800 01/15/28

1,268,925

TOTAL IRAQ

1,268,925

ISRAEL - 0.3%

2,000,000

Israel Government International Bond

5.375 02/19/30

2,072,385

TOTAL ISRAEL

2,072,385

JAMAICA - 0.5%

1,650,000

Jamaica Government International Bond

8.000 03/15/39

1,989,587

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

JAMAICA

(continued)

$

1,810,000

Jamaica Government International Bond

7.875 %

07/28/45

$

2,183,765

TOTAL JAMAICA

4,173,352

JORDAN - 0.3%

450,000

(c) Jordan Government International Bond

7.500 01/13/29

477,057

2,000,000

(c) Jordan Government International Bond

7.375 10/10/47

2,018,108

TOTAL JORDAN

2,495,165

KAZAKHSTAN - 0.7%

1,875,000

(c) Baiterek National Managing Holding JSC

5.450 05/08/28

1,910,006

1,500,000

(c) Kazakhstan Government International Bond

5.000 07/01/32

1,523,753

1,975,000

(c) Kazakhstan Government International Bond

5.500 07/01/37

2,015,768

TOTAL KAZAKHSTAN

5,449,527

KENYA - 0.2%

1,325,000

(c) Kenya Government International Bond

8.250 02/28/48

1,211,682

TOTAL KENYA

1,211,682

LEBANON - 0.2%

3,200,000

(g) Lebanon Government International Bond

.250

11/04/24

729,600

3,800,000

(g) Lebanon Government International Bond

6.850 03/23/27

866,400

TOTAL LEBANON

1,596,000

MALAYSIA - 0.8%

MYR

9,775,000

Malaysia Government Bond

4.642 11/07/33

2,513,976

MYR

6,000,000

Malaysia Government International Bond

4.254 05/31/35

1,515,399

MYR

7,825,000

Malaysia Government International Bond

4.762 04/07/37

2,055,958

TOTAL MALAYSIA

6,085,333

MEXICO - 2.7%

3,250,000

(c) Eagle Funding Luxco Sarl

5.500 08/17/30

3,301,675

MXN

27,480,000

Mexican Bonos

8.500 05/31/29

1,504,541

MXN

33,440,000

Mexican Bonos

7.750 05/29/31

1,754,932

MXN

22,900,000

Mexican Bonos

7.750 11/23/34

1,161,289

MXN

53,800,000

Mexican Bonos

8.500 11/18/38

2,761,947

3,200,000

Mexico Government International Bond

5.625 09/22/35

3,184,000

2,725,000

Mexico Government International Bond

6.000 05/07/36

2,788,493

2,250,000

Mexico Government International Bond

4.280 08/14/41

1,841,737

1,850,000

Mexico Government International Bond

4.400 02/12/52

1,398,507

1,300,000

Mexico Government International Bond

7.375 05/13/55

1,458,395

TOTAL MEXICO

21,155,516

MOROCCO - 0.5%

2,475,000

(c) Morocco Government International Bond

3.000 12/15/32

2,190,059

2,175,000

(c) Morocco Government International Bond

5.500 12/11/42

2,106,492

TOTAL MOROCCO

4,296,551

NIGERIA - 1.1%

2,300,000

(c) Nigeria Government International Bond

7.143 02/23/30

2,290,876

2,375,000

(c) Nigeria Government International Bond

7.875 02/16/32

2,380,163

950,000

(c) Nigeria Government International Bond

7.375 09/28/33

917,807

2,150,000

(c) Nigeria Government International Bond

10.375 12/09/34

2,416,979

1,050,000

(c) Nigeria Government International Bond

7.696 02/23/38

987,596

TOTAL NIGERIA

8,993,421

OMAN - 1.0%

1,575,000

(c) Oman Government International Bond

5.375 03/08/27

1,595,600

1,325,000

(c),(d)

Oman Government International Bond

6.500 03/08/47

1,454,594

4,175,000

(c) Oman Government International Bond

6.750 01/17/48

4,682,527

TOTAL OMAN

7,732,721

PAKISTAN - 0.4%

875,000

(c) Pakistan Government International Bond

7.375 04/08/31

864,188

1,140,000

(c) Pakistan Government International Bond

8.875 04/08/51

1,088,361

1,500,000

Pakistan Water & Power Development Authority

7.500 06/04/31

1,416,840

TOTAL PAKISTAN

3,369,389

PANAMA - 0.4%

1,075,000

Panama Government International Bond

6.700 01/26/36

1,151,379

Emerging Markets Debt

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

PANAMA

(continued)

$

1,750,000

Panama Government International Bond

8.000 %

03/01/38

$

2,035,075

TOTAL PANAMA

3,186,454

PARAGUAY - 0.8%

4,275,000

(c) Paraguay Government International Bond

2.739 01/29/33

3,781,921

1,275,000

(c) Paraguay Government International Bond

6.100 08/11/44

1,322,838

1,050,000

(c) Paraguay Government International Bond

5.600 03/13/48

1,004,850

350,000

(c) Paraguay Government International Bond

6.650 03/04/55

376,793

TOTAL PARAGUAY

6,486,402

PERU - 1.2%

PEN

3,525,000

Peru Government Bond

5.400 08/12/34

1,017,100

975,000

Peruvian Government International Bond

1.862 12/01/32

807,739

2,895,000

Peruvian Government International Bond

.000

01/15/34

2,519,229

PEN

6,725,000

(c) Peruvian Government International Bond

5.400 08/12/34

1,940,426

1,600,000

Peruvian Government International Bond

5.375 02/08/35

1,642,416

1,800,000

Peruvian Government International Bond

3.300 03/11/41

1,400,400

TOTAL PERU

9,327,310

PHILIPPINES - 0.3%

3,050,000

Philippine Government International Bond

4.200 03/29/47

2,615,204

TOTAL PHILIPPINES

2,615,204

POLAND - 2.3%

830,000

(c) Bank Gospodarstwa Krajowego

5.375 05/22/33

865,482

1,500,000

(c) Bank Gospodarstwa Krajowego

5.750 07/09/34

1,599,172

PLN

3,475,000

Republic of Poland Government Bond

4.750 07/25/29

948,346

PLN

3,625,000

Republic of Poland Government Bond

5.000 10/25/34

965,930

PLN

3,575,000

Republic of Poland Government International Bond

5.750 04/25/29

1,008,471

PLN

8,100,000

Republic of Poland Government International Bond

2.750 10/25/29

2,053,182

1,400,000

Republic of Poland Government International Bond

5.750 11/16/32

1,506,485

500,000

Republic of Poland Government International Bond

4.875 10/04/33

508,868

PLN

7,150,000

Republic of Poland Government International Bond

6.000 10/25/33

2,046,032

2,450,000

Republic of Poland Government International Bond

5.375 02/12/35

2,561,030

EUR

1,700,000

Republic of Poland Government International Bond

3.875 07/07/37

1,973,843

2,198,000

Republic of Poland Government International Bond

5.500 04/04/53

2,166,705

TOTAL POLAND

18,203,546

REPUBLIC OF SERBIA - 0.5%

2,650,000

(c) Serbia Government International Bond

2.125 12/01/30

2,323,291

1,650,000

(c) Serbia Government International Bond

6.500 09/26/33

1,801,320

TOTAL REPUBLIC OF SERBIA

4,124,611

ROMANIA - 1.8%

RON

6,450,000

Romanian Government International Bond

4.150 01/26/28

1,383,592

1,860,000

(c) Romanian Government International Bond

5.875 01/30/29

1,914,107

RON

6,000,000

Romanian Government International Bond

8.000 04/29/30

1,412,347

350,000

(c) Romanian Government International Bond

3.000 02/14/31

314,395

3,270,000

(c) Romanian Government International Bond

3.625 03/27/32

2,947,087

EUR

920,000

(c) Romanian Government International Bond

5.250 05/30/32

1,078,246

4,100,000

(c) Romanian Government International Bond

5.750 03/24/35

4,010,238

1,400,000

(c) Romanian Government International Bond

4.000 02/14/51

965,593

TOTAL ROMANIA

14,025,605

RWANDA - 0.3%

2,675,000

(c) Rwanda International Government Bond

5.500 08/09/31

2,426,057

TOTAL RWANDA

2,426,057

SAUDI ARABIA - 1.2%

1,950,000

(c) Saudi Government International Bond

5.375 01/13/31

2,049,949

1,250,000

(c) Saudi Government International Bond

5.000 01/16/34

1,284,565

2,400,000

(c) Saudi Government International Bond

5.625 01/13/35

2,569,995

1,000,000

(c) Saudi Government International Bond

3.250 11/17/51

687,311

2,000,000

(c) Saudi Government International Bond

3.750 01/21/55

1,475,817

1,500,000

(c) Saudi Government International Bond

3.450 02/02/61

1,004,866

TOTAL SAUDI ARABIA

9,072,503

SENEGAL - 0.5%

2,025,000

(c) Senegal Government International Bond

6.250 05/23/33

1,447,698

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SENEGAL

(continued)

$

3,300,000

(c) Senegal Government International Bond

6.750 %

03/13/48

$

2,108,959

TOTAL SENEGAL

3,556,657

SOUTH AFRICA - 2.2%

ZAR

8,000,000

Republic of South Africa Government Bond

8.750 02/28/48

411,425

1,875,000

Republic of South Africa Government International Bond

4.300 10/12/28

1,860,932

ZAR

23,025,000

Republic of South Africa Government International Bond

7.000 02/28/31

1,271,405

ZAR

49,875,000

Republic of South Africa Government International Bond

8.875 02/28/35

2,869,918

2,050,000

(c) Republic of South Africa Government International Bond

7.100 11/19/36

2,204,699

ZAR

25,500,000

Republic of South Africa Government International Bond

9.000 01/31/40

1,384,888

ZAR

20,900,000

Republic of South Africa Government International Bond

8.750 01/31/44

1,082,400

1,250,000

Republic of South Africa Government International Bond

5.375 07/24/44

1,063,536

2,075,000

Republic of South Africa Government International Bond

5.650 09/27/47

1,753,193

775,000

Republic of South Africa Government International Bond

5.750 09/30/49

654,802

2,600,000

Republic of South Africa Government International Bond

7.300 04/20/52

2,619,783

TOTAL SOUTH AFRICA

17,176,981

SRI LANKA - 0.5%

1,212,281

(c) Sri Lanka Government International Bond

3.350 03/15/33

1,058,310

2,253,220

(c) Sri Lanka Government International Bond

3.600 06/15/35

1,743,947

1,633,502

(c) Sri Lanka Government International Bond

3.600 02/15/38

1,506,898

TOTAL SRI LANKA

4,309,155

SUPRANATIONAL - 0.4%

INR

176,300,000

Asian Development Bank

6.150 02/25/30

1,952,728

INR

57,100,000

Asian Infrastructure Investment Bank

6.000 12/08/31

610,602

INR

79,000,000

Inter-American Development Bank

7.350 10/06/30

913,981

TOTAL SUPRANATIONAL

3,477,311

TURKEY - 2.6%

800,000

Turkey Government International Bond

5.125 02/17/28

802,525

825,000

(d) Turkey Government International Bond

5.250 03/13/30

813,114

2,050,000

Turkey Government International Bond

6.000 01/14/41

1,824,322

4,350,000

Turkey Government International Bond

4.875 04/16/43

3,312,309

TRY

20,000,000

Turkiye Government Bond

37.000 02/18/26

473,765

TRY

87,000,000

Turkiye Government Bond

37.840 07/14/27

2,089,397

EUR

1,750,000

Turkiye Government International Bond

5.875 05/21/30

2,153,510

EUR

1,725,000

Turkiye Government International Bond

5.200 08/17/31

2,034,996

4,200,000

Turkiye Government International Bond

7.125 07/17/32

4,368,885

2,500,000

(c) Turkiye Ihracat Kredi Bankasi AS.

7.500 02/06/28

2,589,351

TOTAL TURKEY

20,462,174

UGANDA - 0.4%

UGX

10,893,000,000

Republic of Uganda Government Bonds

14.250 06/22/34

2,764,324

TOTAL UGANDA

2,764,324

UKRAINE - 0.5%

1,235,083

(c) Ukraine Government International Bond

1.750 02/01/29

847,267

1,579,875

(c) Ukraine Government International Bond

0.000 02/01/35

803,366

337,395

(c) Ukraine Government International Bond

0.000 02/01/36

171,228

2,320,000

(c) Ukraine Government International Bond

7.750 08/01/41

1,958,080

TOTAL UKRAINE

3,779,941

UNITED ARAB EMIRATES - 0.3%

400,000

(c) Abu Dhabi Government International Bond

3.125 09/30/49

296,491

2,600,000

Emirate of Dubai Government International Bonds

3.900 09/09/50

1,994,392

TOTAL UNITED ARAB EMIRATES

2,290,883

URUGUAY - 0.9%

1,500,000

Oriental Republic of Uruguay

5.250 09/10/60

1,437,750

UYU

70,575,000

Uruguay Government International Bond

8.250 05/21/31

1,801,508

UYU

18,940,950

Uruguay Government International Bond

9.750 07/20/33

525,348

600,000

Uruguay Government International Bond

5.750 10/28/34

644,100

UYU

21,400,000

Uruguay Government International Bond

8.000 10/29/35

547,382

1,770,000

Uruguay Government International Bond

5.442 02/14/37

1,854,075

TOTAL URUGUAY

6,810,163

UZBEKISTAN - 0.8%

UZS

9,240,000,000

(c) Republic of Uzbekistan International Bond

16.625 05/29/27

790,452

3,000,000

(c) Republic of Uzbekistan International Bond

5.375 02/20/29

3,023,310

Emerging Markets Debt

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UZBEKISTAN

(continued)

$

1,400,000

(c) Republic of Uzbekistan International Bond

3.700 %

11/25/30

$

1,306,280

775,000

(c) Republic of Uzbekistan International Bond

6.900 02/28/32

839,198

TOTAL UZBEKISTAN

5,959,240

ZAMBIA - 0.5%

1,918,906

(c) Zambia Government International Bond

5.750 06/30/33

1,842,208

3,180,173

(c) Zambia Government International Bond

0.500 12/31/53

2,220,041

TOTAL ZAMBIA

4,062,249

TOTAL GOVERNMENT BONDS

(Cost $380,350,270)

380,733,999

SHARES

DESCRIPTION

VALUE

INVESTMENT COMPANIES - 1.3%

104,370

(d) iShares JP Morgan USD Emerging Markets Bond ETF

10,089,448

TOTAL INVESTMENT COMPANIES

(Cost $9,929,100)

10,089,448

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

STRUCTURED ASSETS - 0.3%

UNITED STATES - 0.3%

2,867,985

(c),(h)

Industrial DPR Funding Ltd, Series 2022 1A

.380

04/15/34

2,578,978

TOTAL UNITED STATES

2,578,978

TOTAL STRUCTURED ASSETS

(Cost $2,867,985)

2,578,978

TOTAL LONG-TERM INVESTMENTS

(Cost $753,713,955)

750,772,050

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.8%

14,346,629

(i) State Street Navigator Securities Lending Government Money Market Portfolio

4.060 (j)

14,346,629

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $14,346,629)

14,346,629

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 3.3%

GOVERNMENT AGENCY DEBT - 0.6%

5,000,000

Federal Home Loan Bank (FHLB)

0.000 11/28/25

4,984,989

TOTAL GOVERNMENT AGENCY DEBT

4,984,989

REPURCHASE AGREEMENT - 1.8%

13,707,000

(k) Fixed Income Clearing Corporation

4.150 11/03/25

13,707,000

TOTAL REPURCHASE AGREEMENT

13,707,000

TREASURY DEBT - 0.9%

EGP

26,150,000

(l) Egypt Treasury Bills

0.000 03/10/26

506,341

EGP

81,000,000

Egypt Treasury Bills

0.000 03/31/26

1,546,776

5,000,000

United States Treasury Bill

0.000 11/12/25

4,995,203

TOTAL TREASURY DEBT

7,048,320

TOTAL SHORT-TERM INVESTMENTS

(Cost $25,717,867)

25,740,309

TOTAL INVESTMENTS - 100.6%

(Cost $793,778,451)

790,858,988

OTHER ASSETS & LIABILITIES, NET - (0.6)%

(4,516,939)

NET ASSETS - 100.0%

$

786,342,049

See Notes to Financial Statements

Principal denominated in U.S. Dollars, unless otherwise noted.

Investments in Derivatives

BRL

Brazilian Real

CLP

Chilean Peso

COP

Colombia Peso

CZK

Czech Republic Koruna

DOP

Dominican Republic Peso

EGP

Egyptian Pound

ETF

Exchange Traded Fund

EUR

Euro

HUF

Hungary Forint

IDR

Indonesian Rupiah

INR

Indian Rupee

KZT

Kazakhstani Tenge

MXN

Mexican Peso

MYR

Malaysian Ringgit

PEN

Peruvian Sol

PIK

Payment-in-kind ("PIK") security. Depending on the terms of the security, income may be received in the form of cash, securities, or a combination of both. The PIK rate shown, where

applicable, represents the annualized rate of the last PIK payment made by the issuer as of the end of the reporting period.

PLN

Polish Zloty

RON

Romanian Leu

TRY

Turkish Lira

TSFR1M

CME Term Secured Overnight Financing Rate 1 Month

TSFR3M

CME Term Secured Overnight Financing Rate 3 Month

UGX

Ugandan Shilling

UYU

Uruguayan Peso

UZS

Uzbekistani Som

ZAR

South African Rand

(a) Floating or variable rate security includes the reference rate and spread, when applicable. For mortgage-backed or asset-backed securities the variable rate is based on the underlying asset of

the security. Coupon rate reflects the rate at period end.

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

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

which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $515,240,159 or 65.1% of Total

Investments.

(d) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $25,347,198.

(e) Perpetual security. Maturity date is not applicable.

(f) Contingent Capital Securities ("CoCos") are debt or preferred securities with loss absorption characteristics built into the terms of the security for the benefit of the issuer, for example an

automatic write-down of principal or a mandatory conversion into the issuer's common stock under certain adverse circumstances, such as the issuer's capital ratio falling below a specified

level. As of the end of the reporting period, the Fund's total investment in CoCos was 2.9% of Total Investments.

(g) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.

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

(i) Investments made with cash collateral received from securities on loan.

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

(k) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $13,711,740 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

0.250% and maturity date 7/15/29, valued at $13,981,216.

(l) When-issued or delayed delivery security.

Forward Foreign Currency Contracts

Currency

Purchased

Receive

Currency

Sold

Deliver

Counterparty

Settlement Date

Unrealized

Appreciation

(Depreciation)

$

11,374,349

EUR

9,699,328

Citibank N.A.

01/08/26

$

150,350

$

1,005,779

EUR

865,627

Morgan Stanley

01/08/26

4,081

$

989,187

EUR

851,618

Morgan Stanley

01/08/26

3,700

$

1,219,259

EUR

1,043,690

Morgan Stanley

01/08/26

11,508

HUF

249,012,642

$

745,522

Morgan Stanley

11/03/25

(5,554)

Total

$

164,085

Total unrealized appreciation on forward foreign currency contracts

$

169,639

Total unrealized depreciation on forward foreign currency contracts

$

(5,554)

EUR

Euro

HUF

Hungary Forint

International Bond

Consolidated Portfolio of Investments October 31, 2025

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 94.4%

BANK LOAN OBLIGATIONS - 0.9%

CANADA - 0.2%

$

525,000

(a) 101B.C. Unlimited Liability Company, Term Loan B6, (TSFR1M + 1.750%)

5.715 %

09/23/30

$

524,205

300,000

(a),(b)

Air Canada, Term Loan B, (TBD)

TBD

TBD

301,087

398,995

(a) Garda World Security Corporation, Term Loan B, (TSFR1M + 3.000%)

7.048 02/01/29

399,743

400,000

(a),(b)

Green Infrastructure Partners, Inc, (TBD)

TBD

TBD

401,126

525,000

(a),(b)

Open Text Corporation, Term Loan B, (TBD)

TBD

TBD

525,297

TOTAL CANADA

2,151,458

GERMANY - 0.0%

399,000

(a) TK Elevator Midco GmbH, Term Loan B, (TSFR6M + 3.000%)

7.197 04/30/30

401,911

TOTAL GERMANY

401,911

IRELAND - 0.1%

256,542

(a) Avolon TLB Borrower 1 (US) LLC, Term Loan B6, (TSFR1M + 1.750%)

5.781 06/24/30

257,277

400,000

(a) Flutter Financing B.V., Term Loan B, (TSFR3M + 1.750%)

5.752 11/29/30

398,900

TOTAL IRELAND

656,177

LUXEMBOURG - 0.1%

400,000

(a) Delta 2 Lux Sarl, (TSFR1M + 2.000%)

6.023 09/19/31

401,124

500,000

(a),(b)

PG Investment Co 59 Sarl, (TBD)

TBD

TBD

502,562

TOTAL LUXEMBOURG

903,686

SPAIN - 0.0%

500,000

(a),(b)

Fluidra, S.A., Term Loan B, (TBD)

TBD

TBD

501,432

TOTAL SPAIN

501,432

UNITED KINGDOM - 0.0%

650,000

(a),(b)

Entain Holdings Gibraltar Ltd, (TBD)

TBD

TBD

651,069

TOTAL UNITED KINGDOM

651,069

UNITED STATES - 0.5%

525,000

(a),(b)

Asurion LLC, (TBD)

TBD

TBD

525,740

398,997

(a) Boxer Parent Company Inc., Term Loan B, (TSFR3M + 3.000%)

7.199 07/30/31

396,839

399,106

(a),(b)

Broadstreet Partners, Inc., Term Loan B4, (TBD)

TBD

TBD

400,487

350,000

(a),(b)

Cushman & Wakefield U.S. Borrower, LLC, Term Loan, (TBD)

TBD

TBD

351,969

400,000

(a),(b)

Informatica LLC, Term Loan B, (TBD)

TBD

TBD

401,750

151,561

(a) Jazz Financing Lux S.a.r.l., First Lien Term Loan B, (TSFR1M + 2.250%)

6.215 05/05/28

152,097

400,000

(a),(b)

Medline Borrower, LP, Term Loan B, (TBD)

TBD

TBD

400,766

250,000

(a) Mitchell International, Inc., First Lien Term Loan, (TSFR1M + 3.250%)

7.215 06/17/31

250,521

230,217

(a) Parexel International Corporation, Term Loan B, (TSFR1M + 2.500%)

6.465 11/15/28

231,110

400,000

(a) Phoenix Guarantor Inc, Term Loan B, (TSFR1M + 2.500%)

6.465 02/21/31

401,668

350,000

(a),(b)

Surgery Center Holdings, Inc., Term Loan B, (TBD)

TBD

TBD

351,319

525,000

(a) TransDigm, Inc., Term Loan J, (TSFR3M + 2.500%)

6.502 02/28/31

526,305

300,000

(a),(b)

Triton Water Holdings, Inc, Term Loan B, (TBD)

TBD

TBD

301,133

400,000

(a),(b)

UKG Inc., Term Loan B, (TBD)

TBD

TBD

400,406

200,000

(a),(b)

USI, Inc., Term Loan D, (TBD)

TBD

TBD

200,475

350,000

(a),(b)

WEX, Inc, (TBD)

TBD

TBD

349,508

TOTAL UNITED STATES

5,642,093

TOTAL BANK LOAN OBLIGATIONS

(Cost $10,910,911)

10,907,826

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CORPORATE BONDS - 21.2%

AUSTRALIA - 0.4%

EUR

1,500,000

Amcor UK Finance plc

3.950 05/29/32

1,764,978

800,000

AngloGold Ashanti Holdings plc

3.375 11/01/28

776,369

250,000

AngloGold Ashanti Holdings plc

3.750 10/01/30

239,341

EUR

1,500,000

(c) Glencore Capital Finance DAC

4.154 04/29/31

1,801,221

TOTAL AUSTRALIA

4,581,909

AUSTRIA - 0.1%

EUR

600,000

(d),(e)

Erste Group Bank AG.

4.250 N/A

691,092

TOTAL AUSTRIA

691,092

BELGIUM - 0.1%

EUR

400,000

(f) Elia Transmission Belgium S.A.

3.500 10/08/35

460,916

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

BELGIUM

(continued)

EUR

800,000

(f) Proximus SADP

0.750 %

11/17/36

$

711,271

TOTAL BELGIUM

1,172,187

BRAZIL - 0.3%

$

300,000

(g) Banco Bradesco S.A.

6.500 01/22/30

315,750

585,000

Embraer Netherlands Finance BV

5.980 02/11/35

629,021

1,400,000

Embraer Netherlands Finance BV

5.400 01/09/38

1,400,000

300,000

Suzano Austria GmbH

3.125 01/15/32

268,706

775,000

Suzano Netherlands BV

5.500 01/15/36

772,954

TOTAL BRAZIL

3,386,431

CANADA - 0.6%

GBP

500,000

(c) Bank of Montreal

5.125 10/10/28

671,037

EUR

2,000,000

(c) Canadian Imperial Bank of Commerce

3.250 07/16/31

2,322,635

EUR

250,000

(g) Fairfax Financial Holdings Ltd

2.750 03/29/28

287,635

GBP

1,000,000

(f) Federation des Caisses Desjardins du Quebec

4.875 10/08/30

1,332,928

EUR

2,000,000

(c) Federation des Caisses Desjardins du Quebec

3.250 03/28/31

2,316,424

TOTAL CANADA

6,930,659

CHILE - 0.5%

393,791

(g) Alfa Desarrollo S.p.A

4.550 09/27/51

322,411

1,100,000

(g) Antofagasta plc

5.625 09/09/35

1,130,118

300,000

Celulosa Arauco y Constitucion S.A.

3.875 11/02/27

297,311

200,000

(g) Celulosa Arauco y Constitucion S.A.

6.180 05/05/32

207,400

200,000

(g) Cia Cervecerias Unidas S.A.

3.350 01/19/32

180,956

200,000

(g) Corp Nacional del Cobre de Chile

3.625 08/01/27

197,667

900,000

(g) Corp Nacional del Cobre de Chile

5.950 01/08/34

946,439

200,000

(g) Corp Nacional del Cobre de Chile

6.440 01/26/36

217,795

725,000

(g) Corp Nacional del Cobre de Chile

6.780 01/13/55

792,787

825,000

(g) Empresa Nacional del Petroleo

3.450 09/16/31

759,573

500,000

(g) Latam Airlines Group S.A.

7.875 04/15/30

517,075

500,000

(g) Sociedad Quimica y Minera de Chile S.A.

5.500 09/10/34

504,440

TOTAL CHILE

6,073,972

COLOMBIA - 0.1%

75,000

Ecopetrol S.A.

6.875 04/29/30

76,791

300,000

Ecopetrol S.A.

4.625 11/02/31

269,051

300,000

Ecopetrol S.A.

8.875 01/13/33

324,716

TOTAL COLOMBIA

670,558

DENMARK - 0.2%

GBP

1,500,000

Danske Bank A.S.

2.250 01/14/28

1,922,210

TOTAL DENMARK

1,922,210

FRANCE - 2.0%

EUR

1,600,000

(c) Airbus SE

1.375 05/13/31

1,715,990

EUR

600,000

(c) Airbus SE

2.375 06/09/40

588,487

EUR

2,000,000

(c) AXA S.A.

3.375 05/31/34

2,324,514

EUR

500,000

AXA S.A.

1.375 10/07/41

518,741

EUR

400,000

(d),(e),(f)

AXA S.A.

6.375 N/A

497,988

500,000

(d),(e),(g)

BNP Paribas S.A.

8.500 N/A

529,293

EUR

1,500,000

Credit Agricole Assurances S.A.

1.500 10/06/31

1,547,898

EUR

1,700,000

Electricite de France S.A.

2.000 10/02/30

1,881,524

EUR

1,300,000

(f) Engie S.A.

3.625 12/06/26

1,517,651

EUR

2,000,000

(f) Engie S.A.

3.250 01/11/32

2,311,762

EUR

300,000

(f) La Poste S.A.

0.625 01/18/36

259,984

EUR

1,500,000

RCI Banque S.A.

3.875 09/30/30

1,767,227

EUR

1,500,000

(f) RCI Banque S.A.

3.625 11/03/32

1,720,043

EUR

200,000

(f) RTE Reseau de Transport d'Electricite SADIR

3.750 07/04/35

234,875

EUR

600,000

(f) Societe Generale S.A.

4.000 11/16/27

713,448

EUR

500,000

(f) Societe Generale S.A.

0.500 06/12/29

544,080

EUR

1,400,000

(f) Societe Generale S.A.

4.875 11/21/31

1,734,988

EUR

600,000

(f) Thales S.A.

3.625 06/14/29

714,853

EUR

1,500,000

(f) TotalEnergies Capital International S.A.

3.160 03/03/33

1,727,962

International Bond

See Notes to Financial Statements

Consolidated Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

FRANCE

(continued)

EUR

1,000,000

(f) TotalEnergies Capital International S.A.

3.852 %

03/03/45

$

1,098,315

TOTAL FRANCE

23,949,623

GERMANY - 1.6%

GBP

500,000

(c) BMW International Investment BV

5.000 01/24/28

668,478

GBP

1,100,000

(c) Commerzbank AG.

5.000 10/15/31

1,458,332

EUR

1,500,000

(c) Deutsche Bank AG.

1.625 01/20/27

1,711,619

EUR

1,000,000

Deutsche Bank AG.

3.000 06/16/29

1,158,267

EUR

500,000

(c) EnBW International Finance BV

4.300 05/23/34

613,471

EUR

2,000,000

(f) Fresenius SE & Co KGaA

2.750 09/15/29

2,298,585

EUR

3,050,000

(c) Kreditanstalt fuer Wiederaufbau

0.000 01/10/31

3,101,690

EUR

1,000,000

Kreditanstalt fuer Wiederaufbau

2.625 01/10/34

1,141,661

GBP

300,000

(c) Mercedes-Benz International Finance BV

5.000 07/12/27

399,366

EUR

500,000

(f) Sartorius Finance BV

4.375 09/14/29

606,038

EUR

1,400,000

(c) Siemens Financieringsmaatschappij NV

2.625 05/27/29

1,624,657

EUR

500,000

(f) Traton Finance Luxembourg S.A.

3.375 01/14/28

583,713

EUR

500,000

(c) Volkswagen Financial Services Overseas AG.

3.750 09/10/26

582,922

EUR

500,000

(c) Volkswagen International Finance NV

3.750 09/28/27

589,522

EUR

600,000

(c) Volkswagen International Finance NV

4.125 09/02/35

698,599

EUR

1,600,000

ZF Europe Finance BV

7.000 06/12/30

1,885,122

TOTAL GERMANY

19,122,042

GUATEMALA - 0.1%

$

800,000

(g) Energuate Trust

6.350 09/15/35

802,797

200,000

(g) Millicom International Cellular S.A.

4.500 04/27/31

186,816

TOTAL GUATEMALA

989,613

INDIA - 0.2%

300,000

(g) Adani Electricity Mumbai Ltd

3.867 07/22/31

275,241

200,000

(g) Bharti Airtel Ltd

3.250 06/03/31

188,072

2,050,000

(f) Power Finance Corp Ltd

3.350 05/16/31

1,923,081

200,000

(f) Tata Capital Ltd

5.389 07/21/28

204,006

225,000

(g) UltraTech Cement Ltd

2.800 02/16/31

205,836

TOTAL INDIA

2,796,236

INDONESIA - 0.2%

200,000

(f) Bank Mandiri Persero Tbk PT

4.900 03/24/28

202,539

800,000

(g) Pertamina Persero PT

2.300 02/09/31

711,528

300,000

(g) Perusahaan Listrik Negara PT

5.250 10/24/42

283,080

900,000

(g) Perusahaan Listrik Negara PT

6.150 05/21/48

931,234

225,000

(g) Perusahaan Listrik Negara PT

4.875 07/17/49

196,342

TOTAL INDONESIA

2,324,723

IRELAND - 0.1%

EUR

600,000

(f) Bank of Ireland Group plc

0.375 05/10/27

684,913

EUR

320,000

(f) Bank of Ireland Group plc

5.000 07/04/31

400,619

TOTAL IRELAND

1,085,532

ISRAEL - 0.1%

300,000

(e),(g)

Bank Leumi Le-Israel BM

3.275 01/29/31

298,050

800,000

(g) Israel Electric Corp Ltd

4.250 08/14/28

792,000

TOTAL ISRAEL

1,090,050

ITALY - 0.5%

EUR

1,500,000

(c) Enel Finance International NV

3.875 01/23/35

1,775,552

EUR

1,400,000

(c) Eni S.p.A

0.625 01/23/30

1,480,043

EUR

1,700,000

(c) Intesa Sanpaolo S.p.A

5.125 08/29/31

2,174,600

200,000

(g) Intesa Sanpaolo S.p.A

4.198 06/01/32

189,544

TOTAL ITALY

5,619,739

JAPAN - 0.3%

EUR

500,000

(f) Mizuho Financial Group, Inc

3.460 08/27/30

589,585

EUR

500,000

(f) ORIX Corp

1.919 04/20/26

575,242

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

JAPAN

(continued)

EUR

2,000,000

Takeda Pharmaceutical Co Ltd

1.375 %

07/09/32

$

2,054,959

TOTAL JAPAN

3,219,786

KAZAKHSTAN - 0.0%

$

200,000

(g) QazaqGaz NC JSC

4.375 09/26/27

198,440

TOTAL KAZAKHSTAN

198,440

KOREA, REPUBLIC OF - 0.1%

250,000

(g) Kia Corp

2.750 02/14/27

245,303

1,000,000

(g) Momentive Performance Materials, Inc

4.125 10/22/28

995,049

TOTAL KOREA, REPUBLIC OF

1,240,352

LUXEMBOURG - 0.1%

EUR

600,000

(g) Albion Financing SARL

5.375 05/21/30

717,730

EUR

500,000

(c) ArcelorMittal S.A.

3.125 12/13/28

581,488

EUR

500,000

(f) ProLogis International Funding II S.A.

2.375 11/14/30

559,165

TOTAL LUXEMBOURG

1,858,383

MALAYSIA - 0.1%

740,000

(g) Petronas Capital Ltd

5.340 04/03/35

772,730

TOTAL MALAYSIA

772,730

MEXICO - 0.5%

950,000

(d),(e),(g)

Banco Mercantil del Norte S.A.

6.625 N/A

933,113

1,100,000

(g) Banco Nacional de Comercio Exterior SNC

5.875 05/07/30

1,141,481

200,000

(g) Bimbo Bakeries USA, Inc

6.050 01/15/29

209,766

250,000

(g) Bimbo Bakeries USA, Inc

5.375 01/09/36

254,339

1,000,000

(g) CFE FIBRA E

5.875 09/23/40

1,005,200

700,000

(g) Comision Federal de Electricidad

6.450 01/24/35

717,123

297,152

(g) FIEMEX Energia-Banco Actinver S.A. Institucion de Banca Multiple

7.250 01/31/41

314,274

500,000

(g) Gruma SAB de C.V.

5.761 12/09/54

501,772

500,000

Pemex Project Funding Master Trust

6.625 06/15/35

479,810

500,000

Petroleos Mexicanos

6.840 01/23/30

513,232

TOTAL MEXICO

6,070,110

MOROCCO - 0.1%

1,200,000

(g) OCP S.A.

6.700 03/01/36

1,292,526

TOTAL MOROCCO

1,292,526

NETHERLANDS - 0.8%

GBP

500,000

(f) ABN AMRO Bank NV

4.750 10/24/29

667,642

EUR

1,700,000

(c) Cooperatieve Rabobank UA

4.233 04/25/29

2,037,354

EUR

2,500,000

(c) Heineken NV

2.565 10/03/28

2,894,020

EUR

1,500,000

(c) ING Groep NV

3.750 09/03/35

1,765,311

EUR

800,000

(g) Sunrise FinCo I BV

4.625 05/15/32

934,227

EUR

1,150,000

(g) VZ Secured Financing BV

3.500 01/15/32

1,247,507

TOTAL NETHERLANDS

9,546,061

NIGERIA - 0.1%

EUR

1,000,000

(g) BOI Finance BV

7.500 02/16/27

1,189,364

TOTAL NIGERIA

1,189,364

NORWAY - 0.1%

EUR

500,000

(c) Statkraft AS.

3.125 12/13/26

581,238

EUR

100,000

(c) Statnett SF

3.500 06/08/33

117,789

TOTAL NORWAY

699,027

POLAND - 0.1%

EUR

250,000

(f) ORLEN S.A.

1.125 05/27/28

276,915

1,500,000

(g) ORLEN S.A.

6.000 01/30/35

1,584,459

TOTAL POLAND

1,861,374

PORTUGAL - 0.0%

EUR

500,000

(f) EDP Servicios Financieros Espana SAU

4.125 04/04/29

601,556

TOTAL PORTUGAL

601,556

QATAR - 0.2%

300,000

(f) CBQ Finance Ltd

5.375 03/28/29

309,152

International Bond

See Notes to Financial Statements

Consolidated Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

QATAR

(continued)

CNY

16,000,000

QNB Finance Ltd

3.150 %

02/04/26

$

2,256,227

TOTAL QATAR

2,565,379

ROMANIA - 0.0%

EUR

250,000

(f) NE Property BV

2.000 01/20/30

274,904

TOTAL ROMANIA

274,904

SAUDI ARABIA - 0.2%

$

500,000

(g) Saudi Arabian Oil Co

3.250 11/24/50

345,020

1,750,000

(f) SNB Funding Ltd

6.000 06/24/35

1,800,101

TOTAL SAUDI ARABIA

2,145,121

SINGAPORE - 0.1%

EUR

200,000

(f) Temasek Financial I Ltd

0.500 11/20/31

201,520

800,000

(g) United Overseas Bank Ltd

2.000 10/14/31

781,827

TOTAL SINGAPORE

983,347

SOUTH AFRICA - 0.4%

1,700,000

(g) Bidvest Group UK plc

6.200 09/17/32

1,721,887

1,250,000

(f) Eskom Holdings SOC Ltd

4.314 07/23/27

1,234,674

300,000

Sasol Financing USA LLC

5.500 03/18/31

254,860

500,000

(g) Transnet SOC Ltd

8.250 02/06/28

528,481

800,000

(g) Windfall Mining Group, Inc

5.854 05/13/32

836,208

TOTAL SOUTH AFRICA

4,576,110

SPAIN - 0.8%

EUR

2,000,000

Banco de Credito Social Cooperativo S.A.

3.500 06/13/31

2,326,767

GBP

1,500,000

(f) Banco Santander S.A.

5.500 06/11/29

2,037,893

EUR

2,000,000

(c) CaixaBank S.A.

3.625 09/19/32

2,358,688

EUR

500,000

(c) Cepsa Finance S.A.

4.125 04/11/31

593,234

EUR

1,900,000

(c) Iberdrola Finanzas S.A.

3.000 09/30/31

2,203,117

TOTAL SPAIN

9,519,699

SUPRANATIONAL - 0.2%

KZT

1,310,000,000

International Bank for Reconstruction & Development

13.750 06/11/26

2,402,337

TOTAL SUPRANATIONAL

2,402,337

SWEDEN - 0.0%

EUR

500,000

(f) Skandinaviska Enskilda Banken AB

3.000 02/10/32

578,757

TOTAL SWEDEN

578,757

SWITZERLAND - 0.6%

EUR

2,750,000

(f) Cloverie plc for Zurich Insurance Co Ltd

1.500 12/15/28

3,067,923

EUR

1,500,000

UBS AG.

0.500 03/31/31

1,529,718

EUR

2,600,000

(f) UBS Group AG

0.250 11/05/28

2,865,360

TOTAL SWITZERLAND

7,463,001

THAILAND - 0.1%

1,330,000

(e),(g)

Bangkok Bank PCL

3.466 09/23/36

1,212,988

300,000

(g) Thaioil Treasury Center Co Ltd

2.500 06/18/30

270,994

TOTAL THAILAND

1,483,982

TURKEY - 0.2%

1,075,000

(g) Turk Telekomunikasyon AS.

6.950 10/07/32

1,086,919

800,000

(g) Ulker Biskuvi Sanayi AS.

7.875 07/08/31

827,473

TOTAL TURKEY

1,914,392

UNITED ARAB EMIRATES - 0.0%

200,000

(f) Abu Dhabi Commercial Bank PJSC

5.361 03/10/35

204,168

274,830

(g) Sweihan PV Power Co PJSC

3.625 01/31/49

235,417

TOTAL UNITED ARAB EMIRATES

439,585

UNITED KINGDOM - 2.9%

EUR

800,000

(f) Barclays plc

0.877 01/28/28

904,255

EUR

400,000

Barclays plc

0.577 08/09/29

435,388

GBP

200,000

(f) Barclays plc

8.407 11/14/32

281,219

EUR

2,000,000

(f) Barclays plc

3.792 10/31/36

2,307,575

EUR

2,400,000

(c) British Telecommunications plc

3.875 01/20/34

2,849,125

EUR

500,000

(c) Cadent Finance plc

3.750 04/16/33

585,447

EUR

285,000

(g) ContourGlobal Power Holdings S.A.

5.000 02/28/30

337,218

UGX

3,000,000,000

(g) ICBC Standard Bank plc

14.250 06/26/34

714,327

GBP

200,000

(f) Legal & General Group plc

6.625 04/01/55

275,365

GBP

1,000,000

(c) Lloyds Banking Group plc

5.250 10/16/31

1,344,891

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UNITED KINGDOM

(continued)

EUR

1,900,000

(f) Lseg Netherlands BV

2.750 %

09/20/27

$

2,207,366

EUR

400,000

National Grid Electricity Distribution East Midlands plc

3.530 09/20/28

472,717

EUR

500,000

(c) NatWest Group plc

3.575 09/12/32

590,751

GBP

300,000

(c) NatWest Markets plc

6.625 06/22/26

399,776

EUR

2,000,000

(c) NatWest Markets plc

3.000 09/03/30

2,313,010

GBP

1,000,000

(f) Northern Powergrid Northeast plc

5.375 11/04/37

1,311,237

EUR

1,200,000

(c) Reckitt Benckiser Treasury Services plc

3.625 06/20/29

1,427,452

GBP

1,500,000

(c) Severn Trent Utilities Finance plc

2.625 02/22/33

1,688,124

EUR

2,000,000

SSE plc

3.500 03/18/32

2,354,706

EUR

1,700,000

(f) Standard Chartered plc

1.200 09/23/31

1,931,676

EUR

2,000,000

(f) Swiss RE Subordinated Finance plc

3.890 03/26/33

2,353,688

EUR

1,500,000

(f) Tesco Corporate Treasury Services plc

3.375 05/06/32

1,740,894

EUR

1,330,000

(f) Unilever Capital Corp

2.875 10/31/32

1,519,365

GBP

1,500,000

(c) United Utilities Water Finance plc

2.000 07/03/33

1,592,594

GBP

600,000

(g) Vmed O2 UK Financing I plc

4.500 07/15/31

713,572

EUR

1,400,000

(g) Vmed O2 UK Financing I plc

5.625 04/15/32

1,643,034

TOTAL UNITED KINGDOM

34,294,772

UNITED STATES - 6.1%

EUR

2,100,000

AbbVie, Inc

2.125 06/01/29

2,388,794

JPY

100,000,000

Aflac, Inc

0.550 03/12/30

619,623

EUR

1,700,000

American Medical Systems Europe BV

1.625 03/08/31

1,833,353

EUR

1,450,000

American Tower Corp

0.450 01/15/27

1,633,082

GBP

500,000

AT&T, Inc

2.900 12/04/26

647,524

EUR

1,500,000

AT&T, Inc

2.350 09/05/29

1,704,119

EUR

500,000

(g) Avantor Funding, Inc

3.875 07/15/28

575,219

EUR

1,500,000

(f) Bank of America Corp

1.662 04/25/28

1,709,689

EUR

2,000,000

(f) Bank of America Corp

2.824 04/27/33

2,257,140

EUR

2,050,000

BP Capital Markets plc

1.231 05/08/31

2,156,599

EUR

2,000,000

(f) Carrier Global Corp

4.500 11/29/32

2,472,563

EUR

1,750,000

Chubb INA Holdings, Inc

1.550 03/15/28

1,974,017

EUR

1,900,000

(a),(f)

Citigroup, Inc, (EURIBOR 3 M + 1.200%)

2.629 05/14/28

2,196,930

EUR

800,000

Citigroup, Inc

2.928 10/22/30

921,288

EUR

1,600,000

Citigroup, Inc

3.750 05/14/32

1,899,999

EUR

500,000

(c) CNH Industrial NV

3.750 06/11/31

591,248

EUR

700,000

Comcast Corp

0.250 05/20/27

781,028

EUR

267,753

(g) Coty, Inc

3.875 04/15/26

308,564

EUR

2,000,000

Duke Energy Corp

3.100 06/15/28

2,329,805

EUR

400,000

Duke Energy Corp

3.750 04/01/31

472,432

EUR

500,000

FedEx Corp

1.625 01/11/27

571,139

EUR

2,100,000

Fiserv Funding ULC

2.875 06/15/28

2,417,824

EUR

400,000

Ford Motor Credit Co LLC

5.125 02/20/29

485,096

EUR

1,500,000

(f) Goldman Sachs Group, Inc

0.250 01/26/28

1,648,384

EUR

2,200,000

(f) Goldman Sachs Group, Inc

3.500 01/23/33

2,581,056

EUR

295,000

(g) Goodyear Europe BV

2.750 08/15/28

327,425

EUR

1,500,000

Highland Holdings Sarl

0.318 12/15/26

1,691,254

EUR

500,000

Honeywell International, Inc

3.750 03/01/36

581,004

EUR

2,000,000

International Business Machines Corp

2.900 02/10/30

2,326,653

EUR

250,000

(g) IQVIA, Inc

1.750 03/15/26

286,942

EUR

2,000,000

(g) Iron Mountain, Inc

4.750 01/15/34

2,312,739

EUR

1,300,000

Johnson & Johnson

2.700 02/26/29

1,515,885

EUR

400,000

Johnson & Johnson

3.200 06/01/32

473,472

EUR

500,000

Johnson & Johnson

3.600 02/26/45

564,603

EUR

800,000

(f) Liberty Mutual Group, Inc

4.625 12/02/30

986,719

EUR

1,400,000

(f) Liberty Mutual Group, Inc

3.875 09/26/35

1,609,479

GBP

600,000

McKesson Corp

3.125 02/17/29

761,574

EUR

1,500,000

(f) National Grid North America, Inc

4.061 09/03/36

1,769,824

GBP

400,000

(f) Nestle Holdings, Inc

5.250 09/21/26

530,803

EUR

250,000

(g) OI European Group BV

6.250 05/15/28

297,220

EUR

100,000

(g) Organon Finance LLC

2.875 04/30/28

110,066

GBP

800,000

(f) Pacific Life Global Funding II

5.375 11/30/28

1,083,824

EUR

1,000,000

PepsiCo, Inc

3.450 07/28/37

1,156,108

EUR

2,100,000

Philip Morris International, Inc

2.750 06/06/29

2,419,843

International Bond

See Notes to Financial Statements

Consolidated Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UNITED STATES

(continued)

EUR

2,000,000

(f) Pricoa Global Funding I

3.000 %

07/03/30

$

2,301,680

EUR

1,650,000

ProLogis Euro Finance LLC

3.250 09/22/32

1,893,501

EUR

600,000

ProLogis Euro Finance LLC

4.000 05/05/34

713,147

GBP

500,000

(f) Protective Life Global Funding

5.248 01/13/28

669,728

EUR

1,500,000

Raytheon Technologies Corp

2.150 05/18/30

1,677,598

EUR

500,000

The Procter & Gamble Company

1.875 10/30/38

485,801

EUR

2,100,000

Thermo Fisher Scientific Finance I BV

0.800 10/18/30

2,198,502

GBP

600,000

Time Warner Cable LLC

5.750 06/02/31

801,167

EUR

1,700,000

Verizon Communications, Inc

1.875 10/26/29

1,898,273

GBP

2,000,000

(c) Wells Fargo & Co

4.875 11/29/35

2,498,838

TOTAL UNITED STATES

73,120,187

TOTAL CORPORATE BONDS

(Cost $251,830,269)

252,717,858

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

GOVERNMENT BONDS - 68.7%

ANGOLA - 0.1%

$

1,550,000

(g) Angolan Government International Bond

8.750 04/14/32

1,453,083

TOTAL ANGOLA

1,453,083

AUSTRALIA - 1.9%

AUD

10,765,000

Australia Government Bond

1.000 12/21/30

6,133,655

AUD

6,050,000

Australia Government Bond

2.750 06/21/35

3,476,209

AUD

1,685,000

New South Wales Treasury Corp

3.000 04/20/29

1,071,537

AUD

5,400,000

New South Wales Treasury Corp

5.250 02/24/38

3,551,416

AUD

2,400,000

(g) Queensland Treasury Corp

1.750 07/20/34

1,231,037

AUD

3,900,000

(g) Queensland Treasury Corp

4.500 08/22/35

2,471,491

AUD

8,300,000

Treasury Corp of Victoria

2.250 11/20/34

4,393,971

TOTAL AUSTRALIA

22,329,316

BARBADOS - 0.2%

2,125,000

(g) Barbados Government International Bond

8.000 06/26/35

2,210,000

TOTAL BARBADOS

2,210,000

BELGIUM - 1.4%

EUR

2,125,000

(g) Kingdom of Belgium Government Bond

0.000 10/22/27

2,354,159

EUR

3,725,000

(g) Kingdom of Belgium Government Bond

2.600 10/22/30

4,305,956

EUR

1,500,000

(g) Kingdom of Belgium Government Bond

0.350 06/22/32

1,478,654

EUR

4,035,000

Kingdom of Belgium Government Bond

3.000 06/22/34

4,646,063

EUR

1,575,000

(g) Kingdom of Belgium Government Bond

1.450 06/22/37

1,482,680

EUR

2,025,000

(g) Kingdom of Belgium Government Bond

0.400 06/22/40

1,490,865

EUR

675,000

(g) Kingdom of Belgium Government International Bond

1.700 06/22/50

500,161

TOTAL BELGIUM

16,258,538

BENIN - 0.2%

EUR

1,975,000

(g) Benin Government International Bond

4.950 01/22/35

2,118,848

750,000

(g) Benin Government International Bond

8.375 01/23/41

799,492

TOTAL BENIN

2,918,340

BRAZIL - 0.5%

BRL

24,200,000

Brazil Notas do Tesouro Nacional Serie F

10.000 01/01/31

3,954,811

1,000,000

Brazilian Government International Bond

5.500 11/06/30

1,020,650

475,000

Brazilian Government International Bond

6.000 10/20/33

485,687

TOTAL BRAZIL

5,461,148

BULGARIA - 0.1%

EUR

700,000

(f) Bulgaria Government International Bond

4.125 05/07/38

825,354

TOTAL BULGARIA

825,354

CANADA - 4.0%

CAD

3,050,000

(g) Canada Housing Trust No

1.100 12/15/26

2,144,318

CAD

8,625,000

(g) Canada Housing Trust No

3.550 09/15/32

6,324,713

CAD

2,405,000

Canada Housing Trust No

3.450 03/15/35

1,727,491

CAD

1,975,000

Canadian Government Bond

4.000 08/01/26

1,425,625

CAD

4,925,000

Canadian Government Bond

3.500 09/01/29

3,626,216

CAD

12,225,000

Canadian Government Bond

1.500 12/01/31

8,066,643

CAD

9,850,000

Canadian Government International Bond

2.000 06/01/28

6,945,811

CAD

5,200,000

Canadian Government International Bond

2.000 06/01/32

3,511,219

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CANADA

(continued)

CAD

1,300,000

Canadian Government International Bond

5.000 %

06/01/37

$

1,083,656

CAD

1,350,000

Hydro-Quebec

4.000 02/15/55

895,059

CAD

2,725,000

Province of British Columbia Canada

4.300 06/18/42

1,958,258

CAD

1,300,000

Province of Ontario Canada

2.150 06/02/31

886,378

CAD

5,925,000

Province of Ontario Canada

4.600 06/02/39

4,482,182

CAD

1,100,000

Province of Ontario Canada

1.900 12/02/51

486,532

CAD

1,000,000

Province of Quebec Canada

2.750 09/01/27

716,809

CAD

3,925,000

Province of Quebec Canada

5.000 12/01/41

3,046,895

TOTAL CANADA

47,327,805

CHILE - 0.5%

CLP

2,095,000,000

(g) Bonos de la Tesoreria de la Republica en pesos

6.000 04/01/33

2,289,674

EUR

925,000

Chile Government International Bond

3.875 07/09/31

1,098,877

EUR

1,880,000

Chile Government International Bond

3.800 07/01/35

2,183,225

TOTAL CHILE

5,571,776

CHINA - 9.5%

CNY

79,500,000

China Government Bond

2.910 10/14/28

11,669,395

CNY

81,200,000

China Government Bond

2.550 10/15/28

11,788,679

CNY

114,650,000

China Government Bond

1.450 04/25/30

16,052,932

CNY

145,500,000

China Government Bond

2.670 05/25/33

21,833,850

CNY

13,900,000

China Government Bond

2.520 08/25/33

2,065,889

CNY

61,600,000

China Government Bond

2.040 11/25/34

8,849,172

CNY

68,520,000

China Government Bond

1.610 02/15/35

9,493,711

CNY

91,400,000

China Government Bond

1.920 07/15/45

12,395,132

CNY

18,900,000

China Government Bond

3.860 07/22/49

3,480,893

CNY

41,300,000

China Government Bond

3.390 03/16/50

7,122,045

CNY

12,700,000

China Government Bond

3.810 09/14/50

2,327,826

CNY

34,000,000

China Government Bond

3.720 04/12/51

6,256,220

TOTAL CHINA

113,335,744

COLOMBIA - 0.4%

EUR

1,950,000

Colombia Government International Bond

5.000 09/19/32

2,198,310

COP

12,893,000,000

Colombian TES

7.750 09/18/30

2,920,011

TOTAL COLOMBIA

5,118,321

COTE D'IVOIRE - 0.4%

EUR

1,000,000

(g) Ivory Coast Government International Bond

5.875 10/17/31

1,161,493

EUR

1,825,000

(g) Ivory Coast Government International Bond

4.875 01/30/32

2,030,567

$

1,425,000

(g) Ivory Coast Government International Bond

8.075 04/01/36

1,500,438

TOTAL COTE D'IVOIRE

4,692,498

CYPRUS - 0.3%

EUR

1,100,000

(f) Cyprus Government International Bond

0.625 01/21/30

1,176,440

EUR

1,550,000

(f) Cyprus Government International Bond

0.950 01/20/32

1,606,138

EUR

575,000

(f) Cyprus Government International Bond

2.750 02/26/34

650,615

EUR

500,000

(f) Cyprus Government International Bond

2.750 05/03/49

487,266

TOTAL CYPRUS

3,920,459

CZECH REPUBLIC - 0.5%

CZK

150,850,000

Czech Republic Government Bond

0.950 05/15/30

6,271,538

TOTAL CZECH REPUBLIC

6,271,538

DOMINICAN REPUBLIC - 0.3%

300,000

(g) Dominican Republic Government International Bond

7.050 02/03/31

322,680

2,050,000

(g) Dominican Republic Government International Bond

4.875 09/23/32

1,961,952

1,500,000

(g) Dominican Republic International Bond

5.875 10/28/35

1,496,925

TOTAL DOMINICAN REPUBLIC

3,781,557

ECUADOR - 0.1%

441,250

(g) Ecuador Government International Bond (Step Bond)

5.000 07/31/30

401,979

309,125

(g) Ecuador Government International Bond (Step Bond)

1.000 07/31/35

236,480

86,000

(g) Ecuador Government International Bond (Step Bond)

5.000 07/31/40

58,480

TOTAL ECUADOR

696,939

EGYPT - 0.1%

975,000

(g) Egypt Government International Bond

8.625 02/04/30

1,044,650

International Bond

See Notes to Financial Statements

Consolidated Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

EGYPT

(continued)

$

675,000

(g) Egypt Government International Bond

8.500 %

01/31/47

$

622,841

TOTAL EGYPT

1,667,491

FRANCE - 3.0%

EUR

3,775,000

(g) French Republic Government Bond OAT

0.750 11/25/28

4,151,021

EUR

8,500,000

French Republic Government Bond OAT

2.750 02/25/29

9,912,817

EUR

2,150,000

French Republic Government Bond OAT

3.500 11/25/33

2,539,318

EUR

6,125,000

(g) French Republic Government Bond OAT

4.750 04/25/35

7,873,817

EUR

3,950,000

(f),(g)

French Republic Government Bond OAT

3.500 11/25/35

4,585,164

EUR

7,475,000

(g) French Republic Government Bond OAT

0.500 05/25/40

5,463,590

EUR

910,000

(g) French Republic Government Bond OAT

0.750 05/25/52

477,601

EUR

2,560,000

(g) French Republic Government Bond OAT

0.750 05/25/53

1,302,976

TOTAL FRANCE

36,306,304

GERMANY - 3.8%

EUR

16,700,000

Bundesobligation

2.200 10/10/30

19,219,889

EUR

4,675,000

Bundesrepublik Deutschland

0.500 08/15/27

5,253,922

EUR

645,000

Bundesrepublik Deutschland

0.000 08/15/29

687,478

EUR

365,000

Bundesrepublik Deutschland

2.100 11/15/29

420,121

EUR

1,000,000

Bundesrepublik Deutschland

0.000 02/15/32

997,283

EUR

1,110,000

Bundesrepublik Deutschland

2.300 02/15/33

1,268,755

EUR

10,725,000

Bundesrepublik Deutschland

1.000 05/15/38

9,962,655

EUR

3,745,000

Bundesrepublik Deutschland

0.000 08/15/52

1,861,461

EUR

2,725,000

Bundesrepublik Deutschland Bundesanleihe

2.500 02/15/35

3,117,853

EUR

1,800,000

Bundesrepublik Deutschland Bundesanleihe

2.600 05/15/41

1,971,476

TOTAL GERMANY

44,760,893

GHANA - 0.2%

562,650

(g) Ghana Government International Bond

5.000 07/03/29

547,172

1,884,100

(g) Ghana Government International Bond

5.000 07/03/35

1,621,457

TOTAL GHANA

2,168,629

GREECE - 1.3%

EUR

738,000

(g) Hellenic Republic Government Bond

3.625 06/15/35

875,733

EUR

575,000

(g) Hellenic Republic Government International Bond

3.875 03/12/29

696,024

EUR

2,300,000

(g) Hellenic Republic Government International Bond

1.500 06/18/30

2,536,033

EUR

1,300,000

(g) Hellenic Republic Government International Bond

0.750 06/18/31

1,347,935

EUR

1,100,000

(g) Hellenic Republic Government International Bond

1.750 06/18/32

1,183,812

EUR

6,400,000

(g) Hellenic Republic Government International Bond

3.375 06/15/34

7,512,888

EUR

750,000

(g) Hellenic Republic Government International Bond

4.375 07/18/38

938,248

EUR

650,000

(g) Hellenic Republic Government International Bond

4.125 06/15/54

749,477

TOTAL GREECE

15,840,150

GUATEMALA - 0.2%

1,875,000

(g) Guatemala Government Bond

6.250 08/15/36

1,975,631

TOTAL GUATEMALA

1,975,631

HONG KONG - 0.1%

EUR

1,000,000

(f) Hong Kong Government International Bond

3.125 06/10/33

1,178,775

TOTAL HONG KONG

1,178,775

HUNGARY - 0.6%

HUF

1,289,900,000

Hungary Government Bond

4.500 03/23/28

3,676,218

285,000

(g) Hungary Government International Bond

6.125 05/22/28

297,073

EUR

1,220,000

(f) Hungary Government International Bond

4.000 07/25/29

1,453,598

EUR

2,100,000

(f) Hungary Government International Bond

1.750 06/05/35

1,997,472

TOTAL HUNGARY

7,424,361

INDIA - 0.2%

INR

223,000,000

India Government International Bond

7.180 08/14/33

2,593,831

TOTAL INDIA

2,593,831

INDONESIA - 0.5%

IDR

87,080,000,000

Indonesia Treasury Bond

6.625 02/15/34

5,416,074

TOTAL INDONESIA

5,416,074

IRELAND - 0.6%

EUR

225,000

Ireland Government Bond

1.700 05/15/37

225,479

EUR

3,825,000

Ireland Government Bond

3.000 10/18/43

4,223,442

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

IRELAND

(continued)

EUR

3,000,000

Ireland Government Bond

1.500 %

05/15/50

$

2,344,162

TOTAL IRELAND

6,793,083

ITALY - 4.7%

EUR

2,575,000

Italy Buoni Poliennali Del Tesoro

1.250 12/01/26

2,946,464

EUR

2,625,000

Italy Buoni Poliennali Del Tesoro

0.950 09/15/27

2,964,482

EUR

975,000

Italy Buoni Poliennali Del Tesoro

0.250 03/15/28

1,075,171

EUR

900,000

Italy Buoni Poliennali Del Tesoro

4.000 10/30/31

1,108,720

EUR

5,325,000

(g) Italy Buoni Poliennali Del Tesoro

3.150 11/15/31

6,247,877

EUR

11,250,000

(g) Italy Buoni Poliennali Del Tesoro

3.250 07/15/32

13,215,317

EUR

12,500,000

Italy Buoni Poliennali Del Tesoro

3.850 02/01/35

15,075,971

EUR

1,000,000

(g) Italy Buoni Poliennali Del Tesoro

3.650 08/01/35

1,183,516

EUR

1,150,000

(g) Italy Buoni Poliennali Del Tesoro

0.950 03/01/37

1,014,623

EUR

1,575,000

(g) Italy Buoni Poliennali Del Tesoro

5.000 08/01/39

2,078,384

EUR

2,450,000

(g) Italy Buoni Poliennali Del Tesoro

4.450 09/01/43

3,014,514

EUR

950,000

(g) Italy Buoni Poliennali Del Tesoro

1.700 09/01/51

683,508

EUR

4,725,000

(g) Italy Buoni Poliennali Del Tesoro

4.300 10/01/54

5,505,690

TOTAL ITALY

56,114,237

JAPAN - 8.5%

JPY

21,000,000

Japan Finance Organization for Municipalities

0.320 01/19/26

136,179

JPY

30,000,000

Japan Finance Organization for Municipalities

0.145 02/16/26

194,402

JPY

14,000,000

Japan Finance Organization for Municipalities

0.020 05/22/26

90,499

JPY

268,000,000

Japan Government Five Year Bond

0.005 09/20/26

1,728,217

JPY

3,282,000,000

Japan Government Five Year Bond

0.300 09/20/28

20,887,297

JPY

319,000,000

Japan Government Five Year Bond

0.500 03/20/29

2,032,369

JPY

242,000,000

Japan Government Forty Year Bond

0.700 03/20/61

771,121

JPY

349,000,000

Japan Government Forty Year Bond

1.300 03/20/63

1,322,799

JPY

284,000,000

Japan Government Ten Year Bond

0.100 09/20/26

1,832,924

JPY

897,400,000

Japan Government Ten Year Bond

0.100 12/20/30

5,498,209

JPY

1,942,000,000

Japan Government Ten Year Bond

0.500 12/20/32

11,827,715

JPY

457,700,000

Japan Government Thirty Year Bond

0.500 09/20/46

1,945,561

JPY

73,000,000

Japan Government Thirty Year Bond

0.600 09/20/50

277,855

JPY

1,811,000,000

Japan Government Thirty Year Bond

0.700 09/20/51

6,857,909

JPY

143,000,000

Japan Government Thirty Year Bond

1.300 06/20/52

631,967

JPY

233,000,000

Japan Government Thirty Year Bond

1.600 12/20/53

1,092,083

JPY

174,000,000

Japan Government Thirty Year Bond

2.200 06/20/54

939,841

JPY

783,000,000

Japan Government Thirty Year Bond

2.100 09/20/54

4,126,672

JPY

131,800,000

Japan Government Twenty Year Bond

2.100 03/20/26

860,231

JPY

256,000,000

Japan Government Twenty Year Bond

0.500 06/20/38

1,390,478

JPY

660,000,000

Japan Government Twenty Year Bond

0.700 09/20/38

3,656,281

JPY

185,000,000

Japan Government Twenty Year Bond

0.300 06/20/39

948,480

JPY

380,000,000

Japan Government Twenty Year Bond

0.300 09/20/39

1,932,687

JPY

4,335,000,000

Japan Government Twenty Year Bond

0.400 03/20/40

22,055,067

JPY

212,000,000

Japan Government Twenty Year Bond

1.600 03/20/44

1,194,907

JPY

750,000,000

Japan Government Twenty Year Bond

2.500 06/20/45

4,806,061

JPY

450,000,000

Japan Government Two Year Bond

0.700 02/01/27

2,916,516

TOTAL JAPAN

101,954,327

KOREA, REPUBLIC OF - 2.7%

KRW

4,350,000,000

Korea Treasury Bond

1.375 12/10/29

2,881,137

KRW

13,736,000,000

Korea Treasury Bond

2.625 03/10/30

9,552,424

KRW

9,575,000,000

Korea Treasury Bond

2.000 06/10/31

6,410,589

KRW

1,175,000,000

Korea Treasury Bond

2.375 12/10/31

799,922

KRW

12,747,000,000

Korea Treasury Bond

2.625 06/10/35

8,627,581

KRW

1,940,000,000

Korea Treasury Bond

2.375 09/10/38

1,265,911

KRW

4,081,000,000

Korea Treasury Bond

1.875 09/10/41

2,440,108

International Bond

See Notes to Financial Statements

Consolidated Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

KOREA, REPUBLIC OF

(continued)

KRW

730,000,000

Korea Treasury Bond

2.500 %

03/10/52

$

468,386

TOTAL KOREA, REPUBLIC OF

32,446,058

LEBANON - 0.0%

$

1,400,000

(f),(h)

Lebanon Government International Bond

6.850 03/23/27

319,200

TOTAL LEBANON

319,200

LITHUANIA - 0.1%

EUR

1,300,000

(f) Lithuania Government International Bond

3.625 03/10/36

1,500,610

TOTAL LITHUANIA

1,500,610

MALAYSIA - 0.7%

MYR

29,175,000

Malaysia Government Bond

4.642 11/07/33

7,503,350

MYR

4,000,000

Malaysia Government Bond

4.180 05/16/44

985,928

TOTAL MALAYSIA

8,489,278

MEXICO - 1.1%

2,150,000

(g) Eagle Funding Luxco Sarl

5.500 08/17/30

2,184,185

MXN

53,740,000

Mexican Bonos

8.500 03/01/29

2,942,372

MXN

53,660,000

Mexican Bonos

8.500 11/18/38

2,754,760

EUR

1,300,000

Mexico Government International Bond

4.500 03/19/34

1,519,986

EUR

1,650,000

Mexico Government International Bond

5.125 05/04/37

1,957,089

1,275,000

Mexico Government International Bond

6.400 05/07/54

1,274,918

TOTAL MEXICO

12,633,310

MOROCCO - 0.1%

1,100,000

(g) Morocco Government International Bond

3.000 12/15/32

973,360

TOTAL MOROCCO

973,360

NEW ZEALAND - 0.7%

NZD

7,725,000

New Zealand Government Bond

4.500 05/15/30

4,649,242

NZD

2,550,000

New Zealand Government Bond

4.500 05/15/35

1,508,039

NZD

7,065,000

New Zealand Government Bond

1.750 05/15/41

2,756,520

TOTAL NEW ZEALAND

8,913,801

NORWAY - 0.4%

NOK

53,450,000

(g) Norway Government International Bond

1.250 09/17/31

4,556,574

TOTAL NORWAY

4,556,574

PARAGUAY - 0.2%

1,800,000

(g) Paraguay Government International Bond

6.000 02/09/36

1,916,730

225,000

(g) Paraguay Government International Bond

6.650 03/04/55

242,224

TOTAL PARAGUAY

2,158,954

PERU - 0.4%

PEN

13,651,000

(g) Peruvian Government International Bond

5.400 08/12/34

3,938,848

1,410,000

Peruvian Government International Bond

5.375 02/08/35

1,447,379

TOTAL PERU

5,386,227

POLAND - 1.5%

315,000

(g) Bank Gospodarstwa Krajowego

6.250 10/31/28

334,795

EUR

2,025,000

(f) Bank Gospodarstwa Krajowego

4.375 03/13/39

2,381,188

PLN

25,425,000

Republic of Poland Government International Bond

5.750 04/25/29

7,172,130

PLN

14,875,000

Republic of Poland Government International Bond

6.000 10/25/33

4,256,606

EUR

2,650,000

Republic of Poland Government International Bond

3.875 07/07/37

3,076,872

EUR

700,000

(c) Republic of Poland Government International Bond

4.125 01/11/44

804,086

280,000

Republic of Poland Government International Bond

5.500 04/04/53

276,013

TOTAL POLAND

18,301,690

REPUBLIC OF SERBIA - 0.2%

EUR

1,700,000

(g) Serbia Government International Bond

1.500 06/26/29

1,835,134

EUR

675,000

(g) Serbia Government International Bond

1.650 03/03/33

658,144

TOTAL REPUBLIC OF SERBIA

2,493,278

ROMANIA - 0.6%

RON

17,415,000

Romanian Government International Bond

8.000 04/29/30

4,099,337

EUR

3,550,000

(g) Romanian Government International Bond

2.000 04/14/33

3,313,744

TOTAL ROMANIA

7,413,081

RWANDA - 0.1%

1,225,000

(g) Rwanda International Government Bond

5.500 08/09/31

1,110,998

TOTAL RWANDA

1,110,998

SINGAPORE - 0.4%

SGD

1,775,000

Singapore Government Bond

2.750 03/01/35

1,460,724

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SINGAPORE

(continued)

SGD

3,625,000

Singapore Government International Bond

2.875 %

09/01/30

$

2,944,091

TOTAL SINGAPORE

4,404,815

SOUTH AFRICA - 0.7%

ZAR

107,675,000

Republic of South Africa Government International Bond

8.875 02/28/35

6,195,859

ZAR

27,300,000

Republic of South Africa Government International Bond

8.750 01/31/44

1,413,852

$

750,000

Republic of South Africa Government International Bond

7.300 04/20/52

755,707

TOTAL SOUTH AFRICA

8,365,418

SPAIN - 3.6%

EUR

10,875,000

(g) Spain Government Bond

3.150 04/30/35

12,601,754

EUR

5,325,000

(g) Spain Government Bond

4.000 10/31/54

6,176,908

EUR

1,095,000

(g) Spain Government International Bond

1.400 07/30/28

1,236,954

EUR

4,625,000

(g) Spain Government International Bond

0.600 10/31/29

4,977,775

EUR

7,610,000

(g) Spain Government International Bond

0.100 04/30/31

7,679,492

EUR

925,000

(g) Spain Government International Bond

3.250 04/30/34

1,087,241

EUR

2,175,000

(g) Spain Government International Bond

3.900 07/30/39

2,621,570

EUR

7,200,000

(g) Spain Government International Bond

1.200 10/31/40

6,050,959

TOTAL SPAIN

42,432,653

SUPRANATIONAL - 0.4%

EUR

650,000

(g) Banque Ouest Africaine de Developpement

2.750 01/22/33

644,154

INR

124,700,000

European Bank for Reconstruction & Development

6.300 10/26/27

1,401,923

INR

33,000,000

Inter-American Development Bank

7.000 04/17/33

377,504

INR

66,300,000

International Bank for Reconstruction & Development

5.500 01/21/27

741,174

IDR

31,200,000,000

International Bank for Reconstruction & Development

6.250 01/12/28

1,917,127

TOTAL SUPRANATIONAL

5,081,882

SWITZERLAND - 0.7%

CHF

5,175,000

Swiss Confederation Government Bond

0.250 06/23/35

6,517,808

CHF

1,125,000

Swiss Confederation Government Bond

1.250 06/27/37

1,564,480

TOTAL SWITZERLAND

8,082,288

THAILAND - 0.3%

THB

57,650,000

Thailand Government Bond

3.450 06/17/43

2,089,699

THB

27,500,000

Thailand Government International Bond

3.300 06/17/38

978,203

TOTAL THAILAND

3,067,902

TURKEY - 0.2%

EUR

1,000,000

Turkiye Government International Bond

5.875 05/21/30

1,230,577

EUR

1,500,000

Turkiye Government International Bond

5.200 08/17/31

1,769,562

TOTAL TURKEY

3,000,139

UGANDA - 0.2%

UGX

9,500,000,000

Republic of Uganda Government Bonds

14.250 06/22/34

2,410,821

TOTAL UGANDA

2,410,821

UKRAINE - 0.0%

250,000

(g) Ukraine Government International Bond

1.750 02/01/29

171,500

363,440

(g) Ukraine Government International Bond

0.000 02/01/35

184,809

73,700

(g) Ukraine Government International Bond

0.000 02/01/36

37,403

TOTAL UKRAINE

393,712

UNITED KINGDOM - 6.4%

GBP

3,325,000

United Kingdom Gilt

3.750 03/07/27

4,367,242

GBP

9,475,000

United Kingdom Gilt

1.625 10/22/28

11,751,582

GBP

1,735,000

United Kingdom Gilt

0.500 01/31/29

2,059,345

GBP

2,525,000

United Kingdom Gilt

4.375 03/07/30

3,381,991

GBP

450,000

United Kingdom Gilt

0.250 07/31/31

482,552

GBP

12,650,000

(f) United Kingdom Gilt

4.000 10/22/31

16,590,355

GBP

660,000

United Kingdom Gilt

3.250 01/31/33

817,005

GBP

1,100,000

United Kingdom Gilt

0.875 07/31/33

1,129,344

GBP

760,000

United Kingdom Gilt

4.625 01/31/34

1,021,438

GBP

10,875,000

United Kingdom Gilt

4.500 03/07/35

14,386,526

GBP

3,895,000

United Kingdom Gilt

1.750 09/07/37

3,801,357

GBP

1,300,000

United Kingdom Gilt

3.750 01/29/38

1,560,924

GBP

5,800,000

United Kingdom Gilt

1.250 10/22/41

4,587,351

GBP

900,000

United Kingdom Gilt

0.875 01/31/46

558,398

GBP

1,200,000

United Kingdom Gilt

4.250 12/07/49

1,386,494

GBP

2,760,000

United Kingdom Gilt

0.625 10/22/50

1,353,855

International Bond

See Notes to Financial Statements

Consolidated Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UNITED KINGDOM

(continued)

GBP

6,000,000

United Kingdom Gilt

4.375 %

07/31/54

$

6,943,980

TOTAL UNITED KINGDOM

76,179,739

UNITED STATES - 2.0%

$

2,397,345

(a),(g)

Chase Home Lending Mortgage Trust

6.598 07/25/56

2,432,943

2,090,000

(a),(g)

Connecticut Avenue Securities Trust, (SOFR30A + 3.100%)

7.283 03/25/42

2,149,630

1,000,000

(a),(g)

Connecticut Avenue Securities Trust, (SOFR + 3.600%)

7.783 07/25/42

1,041,663

2,000,000

(a),(g)

Connecticut Avenue Securities Trust, (SOFR30A + 3.550%)

7.733 05/25/43

2,109,905

1,925,000

(a),(g)

Connecticut Avenue Securities Trust, (SOFR30A + 3.100%)

7.456 06/25/43

2,007,174

2,855,000

(a),(g)

Connecticut Avenue Securities Trust, (SOFR30A + 2.700%)

6.883 07/25/43

2,941,351

2,000,000

(a),(g)

Connecticut Avenue Securities Trust, (SOFR30A + 2.500%)

6.683 10/25/43

2,050,148

1,350,000

(a),(g)

Connecticut Avenue Securities Trust, (SOFR30A + 1.800%)

6.150 02/25/44

1,361,222

2,600,000

(a),(g)

Freddie Mac STACR REMIC Trust, (SOFR30A + 3.050%)

7.233 01/25/34

2,769,819

1,400,000

(a),(g)

Freddie Mac STACR REMIC Trust, (SOFR30A + 5.750%)

9.933 09/25/42

1,518,001

1,670,000

(a),(g)

Freddie Mac STACR REMIC Trust, (SOFR30A + 3.250%)

7.437 04/25/43

1,748,124

1,215,000

(a),(g)

Verus Securitization Trust

6.512 01/25/70

1,232,956

TOTAL UNITED STATES

23,362,936

URUGUAY - 0.6%

UYU

137,650,000

Uruguay Government International Bond

8.250 05/21/31

3,513,675

UYU

42,600,000

Uruguay Government International Bond

8.000 10/29/35

1,089,647

2,360,000

Uruguay Government International Bond

5.442 02/14/37

2,472,100

TOTAL URUGUAY

7,075,422

UZBEKISTAN - 0.2%

UZS

7,970,000,000

(g) Republic of Uzbekistan International Bond

16.625 05/29/27

681,808

1,150,000

(g) Republic of Uzbekistan International Bond

6.900 02/28/32

1,245,261

TOTAL UZBEKISTAN

1,927,069

TOTAL GOVERNMENT BONDS

(Cost $839,355,176)

818,847,417

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

STRUCTURED ASSETS - 3.6%

IRELAND - 1.3%

837,843

(a),(g)

Atom Mortgage Securities DAC, (SONIA Interest Rate Benchmark + 1.900%), Series 2021

1A

5.889 07/22/31

1,040,285

1,117,735

(a),(g)

Bruegel 2021 DAC, (EURIBOR 3 M + 2.470%), Series 2021 1A

4.504 05/22/31

1,267,475

1,816,524

(a),(g)

Frost CMBS DAC, (SONIA Interest Rate Benchmark + 2.900%), Series 2021 1A

6.887 11/20/33

2,375,643

1,500,000

(a),(g)

Jade Finance Designated Activity Co, (SONIA Interest Rate Benchmark + 1.950%), Series

2025 2A

0.000 08/17/35

1,973,769

1,079,778

(a),(g)

Last Mile Securities, (EURIBOR 3 M + 2.350%), Series 2021 1A

4.384 08/17/31

1,246,801

2,000,000

(a),(g)

Sequoia Logistics DAC, (EURIBOR 3 M + 1.900%), Series 2025 1A

3.936 02/17/37

2,304,910

347,448

(a),(g)

Taurus UK DAC, (SONIA Interest Rate Benchmark + 1.300%), Series 2021 UK1A

5.533 05/17/31

458,048

1,487,078

(a),(g)

Taurus UK DAC, (SONIA Interest Rate Benchmark + 1.650%), Series 2021 UK1A

5.637 05/17/31

1,956,297

297,813

(a),(g)

Taurus UK DAC, (SONIA Interest Rate Benchmark + 2.600%), Series 2021 UK1A

6.587 05/17/31

392,076

897,861

(a),(g)

Taurus UK DAC, (SONIA Interest Rate Benchmark + 2.500%), Series 2025 UK2A

6.487 02/18/35

1,182,369

1,495,989

(a),(g)

Thunder Logistics DAC, (EURIBOR 3 M + 2.550%), Series 2024 1A

4.586 11/17/36

1,725,727

TOTAL IRELAND

15,923,400

ITALY - 0.1%

860,940

(a),(g)

Cassia SRL, (EURIBOR 3 M + 3.500%), Series 2022 1A

5.534 05/22/34

991,450

TOTAL ITALY

991,450

UNITED ARAB EMIRATES - 0.1%

1,000,000

(a),(g)

BX Trust, (TSFR1M + 2.400%), Series 2025 OMG

6.550 10/15/27

1,002,788

TOTAL UNITED ARAB EMIRATES

1,002,788

UNITED KINGDOM - 0.1%

1,359,470

(a),(g)

Sage AR Funding, (SONIA Interest Rate Benchmark + 2.000%), Series 2025 1A

5.987 05/17/37

1,790,338

TOTAL UNITED KINGDOM

1,790,338

UNITED STATES - 2.0%

2,000,000

(a),(g)

Alen Mortgage Trust, (TSFR1M + 2.364%), Series 2021 ACEN

6.397 04/15/34

1,734,000

825,000

(g) Avis Budget Rental Car Funding AESOP LLC, Series 2023 8A

6.660 02/20/30

873,541

1,500,000

(a),(g)

BAMLL Trust, (TSFR1M + 2.350%), Series 2025 ASHF

6.383 02/15/42

1,503,290

287,773

(a),(g)

BX Commercial Mortgage Trust, (CAONREPO + 3.050%), Series 2024 PURE

5.591 11/15/41

206,463

112,821

Carvana Auto Receivables Trust, Series 2021 N2

1.270 03/10/28

109,774

2,200,000

(a),(g)

CIP Commercial Mortgage Trust, (TSFR1M + 2.300%), Series 2025 SBAY

6.400 10/15/37

2,207,388

See Notes to Financial Statements

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UNITED STATES (continued)

$

1,000,000

(g) Cologix Data Centers US Issuer LLC, Series 2021 1A

3.300 %

12/26/51

$

976,949

1,424,448

(a) COMM Mortgage Trust, Series 2015 CR24

4.224 08/10/48

1,395,385

500,000

(g) Compass Datacenters Issuer III LLC, Series 2025 1A

5.656 02/25/50

509,298

1,000,000

(b),(g)

DB Master Finance LLC, Series 2025 1A

4.891 08/20/55

1,002,542

1,139,520

(g) Domino's Pizza Master Issuer LLC, Series 2019 1A

3.668 10/25/49

1,098,434

1,487,605

(a),(g)

ELP Commercial Mortgage Trust, (TSFR1M + 2.781%), Series 2021 ELP

6.814 11/15/38

1,484,519

1,350,000

(g) Frontier Issuer LLC, Series 2024 1

6.190 06/20/54

1,390,618

1,400,000

(a),(g)

JP Morgan Chase Commercial Mortgage Securities Trust, (TSFR1M + 1.664%), Series 2021

MHC

2.624 04/15/38

1,399,960

1,500,000

(g) MetroNet Infrastructure Issuer LLC, Series 2025 2A

5.400 08/20/55

1,517,762

88,160

(g) MVW LLC, Series 2021 1WA

1.940 01/22/41

84,508

122,288

(g) Oportun Issuance Trust, Series 2021 B

1.960 05/08/31

119,979

122,288

(g) Oportun Issuance Trust, Series 2021 B

3.650 05/08/31

121,040

1,000,000

(g) Sierra Receivables Funding Co, Series 2025 3A

4.640 08/22/44

993,354

1,485,000

(g) Subway Funding LLC, Series 2024 3A

5.246 07/30/54

1,477,411

1,333,500

(g) Taco Bell Funding LLC, Series 2018 1A

4.940 11/25/48

1,330,802

1,750,000

(a),(g)

Wells Fargo Commercial Mortgage Trust, (TSFR1M + 2.292%), Series 2025 AGLN

6.324 07/15/37

1,754,067

TOTAL UNITED STATES

23,291,084

TOTAL STRUCTURED ASSETS

(Cost $43,390,694)

42,999,060

TOTAL LONG-TERM INVESTMENTS

(Cost $1,145,487,050)

1,125,472,161

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 6.3%

GOVERNMENT AGENCY DEBT - 1.5%

10,000,000

Federal Farm Credit Discount Notes

0.000 12/23/25

9,944,055

5,000,000

Federal Home Loan Bank (FHLB)

0.000 11/28/25

4,984,989

3,000,000

Federal Home Loan Bank (FHLB)

0.000 12/26/25

2,982,267

TOTAL GOVERNMENT AGENCY DEBT

17,911,311

REPURCHASE AGREEMENT - 3.5%

42,001,000

(i) Fixed Income Clearing Corporation

4.150 11/03/25

42,001,000

TOTAL REPURCHASE AGREEMENT

42,001,000

TREASURY DEBT - 1.3%

CAD

4,200,000

Canadian Treasury Bill

0.000 01/14/26

2,980,801

EGP

80,000,000

Egypt Treasury Bills

0.000 04/07/26

1,520,702

EGP

54,000,000

Egypt Treasury Bills

0.000 04/14/26

1,023,152

JPY

771,000,000

Japan Treasury Discount Bill

0.000 02/09/26

4,996,513

5,000,000

United States Treasury Bill

0.000 11/12/25

4,995,203

TOTAL TREASURY DEBT

15,516,371

TOTAL SHORT-TERM INVESTMENTS

(Cost $75,451,254)

75,428,682

TOTAL INVESTMENTS - 100.7%

(Cost $1,220,938,304)

1,200,900,843

OTHER ASSETS & LIABILITIES, NET - (0.7)%

(8,699,506)

NET ASSETS - 100.0%

$

1,192,201,337

International Bond

See Notes to Financial Statements

Consolidated Portfolio of Investments October 31, 2025

(continued)

Principal denominated in U.S. Dollars, unless otherwise noted.

AUD

Australian Dollar

BRL

Brazilian Real

CAONREPO

Canadian Overnight Repo Rate Average

CAD

Canadian Dollar

CHF

Switzerland Franc

CLP

Chilean Peso

CNY

Chinese Yuan

COP

Colombia Peso

CZK

Czech Republic Koruna

EGP

Egyptian Pound

EUR

Euro

EURIBOR

EURO Interbank Offer Rate

GBP

Pound Sterling

HUF

Hungary Forint

IDR

Indonesian Rupiah

INR

Indian Rupee

JPY

Japanese Yen

KRW

South Korean Won

KZT

Kazakhstani Tenge

M

Month

MXN

Mexican Peso

MYR

Malaysian Ringgit

NOK

Norwegian Krone

NZD

New Zealand Dollar

PEN

Peruvian Sol

PLN

Polish Zloty

REMIC

Real Estate Mortgage Investment Conduit

RON

Romanian Leu

SGD

Singapore Dollar

SOFR

Secured Overnight Financing Rate

SOFR30A

30 Day Average Secured Overnight Financing Rate

SONIA

Sterling Overnight Interbank Average Rate

THB

Thai Baht

TBD

Bank loan purchased on a when-issued or delayed-delivery basis. Certain details associated with this purchase are not known prior to the settlement date of the transaction. In addition, senior

loans typically trade without accrued interest and therefore a coupon rate is not available prior to settlement. At settlement, if still unknown, the borrower or counterparty will provide the Fund

with the final coupon rate and maturity date.

TSFR1M

CME Term Secured Overnight Financing Rate 1 Month

TSFR3M

CME Term Secured Overnight Financing Rate 3 Month

TSFR6M

CME Term Secured Overnight Financing Rate 6 Month

UGX

Ugandan Shilling

UYU

Uruguayan Peso

UZS

Uzbekistani Som

ZAR

South African Rand

(a) Floating or variable rate security includes the reference rate and spread, when applicable. For mortgage-backed or asset-backed securities the variable rate is based on the underlying asset of

the security. Coupon rate reflects the rate at period end.

(b) When-issued or delayed delivery security.

(c) All or a portion of this security is owned by Nuveen International Bond Taxable Offshore Limited which is a 100% owned subsidiary of the fund.

(d) Perpetual security. Maturity date is not applicable.

(e) Contingent Capital Securities ("CoCos") are debt or preferred securities with loss absorption characteristics built into the terms of the security for the benefit of the issuer, for example an

automatic write-down of principal or a mandatory conversion into the issuer's common stock under certain adverse circumstances, such as the issuer's capital ratio falling below a specified

level. As of the end of the reporting period, the Fund's total investment in CoCos was 0.3% of Total Investments.

(f) All or a portion of this security is owned by Nuveen International Bond Offshore Limited which is a 100% owned subsidiary of the fund.

(g) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration,

which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $293,589,680 or 24.4% of Total

Investments.

(h) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.

(i) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $42,015,525 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

3.750% and maturity date 10/31/32, valued at $42,841,215.

See Notes to Financial Statements

Investment in Derivatives

Forward Foreign Currency Contracts

Currency

Purchased

Receive

Currency

Sold

Deliver

Counterparty

Settlement Date

Unrealized

Appreciation

(Depreciation)

$

13,034,880

AUD

19,737,934

Australia and New Zealand Banking Group Limited

01/09/26

$

111,508

$

25,674,805

EUR

21,842,495

Australia and New Zealand Banking Group Limited

01/08/26

371,246

$

2,084,890

EUR

1,795,223

Australia and New Zealand Banking Group Limited

01/08/26

7,470

$

5,003,956

EUR

4,305,297

Australia and New Zealand Banking Group Limited

01/08/26

21,895

$

1,393,820

EUR

1,200,002

Australia and New Zealand Banking Group Limited

01/08/26

5,185

$

1,277,241

GBP

950,319

Australia and New Zealand Banking Group Limited

01/08/26

28,605

$

1,745,391

GBP

1,298,940

Australia and New Zealand Banking Group Limited

01/08/26

38,696

$

3,460,838

GBP

2,590,516

Australia and New Zealand Banking Group Limited

01/08/26

57,578

$

1,285,625

GBP

960,614

Australia and New Zealand Banking Group Limited

01/08/26

23,462

$

1,350,449

GBP

1,025,559

Australia and New Zealand Banking Group Limited

01/08/26

2,954

$

6,191,989

GBP

4,722,929

Australia and New Zealand Banking Group Limited

01/08/26

(12,705)

$

599,720

GBP

456,579

Australia and New Zealand Banking Group Limited

01/08/26

(104) $

4,517,209

NZD

7,736,663

Australia and New Zealand Banking Group Limited

01/09/26

76,436

$

53,241,700

CNH

377,215,580

Bank of America

11/14/25

232,335

$

5,917,568

EUR

5,069,866

Bank of America

01/08/26

44,353

$

6,405,152

EUR

5,515,264

Bank of America

01/08/26

15,963

$

2,398,953

EUR

2,045,325

Bank of America

01/08/26

29,535

$

1,768,189

EUR

1,510,736

Bank of America

01/08/26

18,069

$

3,601,931

EUR

3,082,063

Bank of America

01/08/26

31,498

$

3,868,577

GBP

2,879,517

Bank of America

01/08/26

85,143

$

1,001,742

IDR

16,639,337,040

Bank of America

11/18/25

1,211

$

156,703

MXN

2,908,834

Bank of America

11/14/25

$

469,712

PEN

1,597,021

Bank of America

11/18/25

(4,403)

$

998,718

PLN

3,624,296

Bank of America

11/14/25

17,427

$

235,474

RON

1,030,973

Bank of America

11/14/25

1,955

$

736,109

CZK

15,399,877

Barclays Bank PLC

11/14/25

6,402

$

697,427

MYR

2,952,908

Barclays Bank PLC

11/18/25

(8,078)

$

250,872

MYR

1,050,400

Barclays Bank PLC

11/18/25

(89) $

224,276

PEN

760,810

Barclays Bank PLC

11/18/25

(1,590)

$

669,896

ZAR

11,653,133

Barclays Bank PLC

11/14/25

(1,551)

$

2,636,272

AUD

4,003,389

Citibank N.A.

01/09/26

15,061

$

1,930,173

AUD

2,967,630

Citibank N.A.

01/09/26

(12,876)

$

967,662

CHF

761,350

Citibank N.A.

01/08/26

13,775

$

224,628,281

EUR

191,375,260

Citibank N.A.

01/08/26

3,170,081

$

1,544,832

EUR

1,319,812

Citibank N.A.

01/08/26

17,554

$

22,553,427

EUR

19,263,855

Citibank N.A.

01/08/26

261,421

$

7,140,246

EUR

6,099,978

Citibank N.A.

01/08/26

81,391

$

389,505

EUR

333,410

Citibank N.A.

01/08/26

3,685

$

1,501,108

EUR

1,289,091

Citibank N.A.

01/08/26

9,380

$

2,001,173

EUR

1,718,646

Citibank N.A.

01/08/26

12,368

$

1,069,924

EUR

917,128

Citibank N.A.

01/08/26

8,629

$

20,071,958

EUR

17,219,588

Citibank N.A.

01/08/26

145,563

$

3,517,944

EUR

3,014,486

Citibank N.A.

01/08/26

29,601

$

9,606,077

EUR

8,231,620

Citibank N.A.

01/08/26

80,501

$

488,090

EUR

418,703

Citibank N.A.

01/08/26

3,570

$

1,016,461

EUR

868,968

Citibank N.A.

01/08/26

10,897

$

935,162

EUR

800,000

Citibank N.A.

01/08/26

9,407

$

475,737

EUR

409,092

Citibank N.A.

01/08/26

2,339

$

8,026,974

EUR

6,891,417

Citibank N.A.

01/08/26

52,272

$

1,463,968

GBP

1,095,490

Citibank N.A.

01/08/26

24,780

$

2,008,809

GBP

1,498,197

Citibank N.A.

01/08/26

40,570

$

7,507,460

JPY

1,130,599,274

Citibank N.A.

01/09/26

118,596

$

2,003,062

JPY

301,654,651

Citibank N.A.

01/09/26

31,642

$

997,159

JPY

150,168,944

Citibank N.A.

01/09/26

15,752

$

1,008,118

JPY

151,651,304

Citibank N.A.

01/09/26

17,023

$

3,551,431

JPY

534,242,390

Citibank N.A.

01/09/26

59,969

$

4,357,398

JPY

655,484,150

Citibank N.A.

01/09/26

73,579

$

3,000,915

JPY

451,928,087

Citibank N.A.

01/09/26

47,406

$

6,590,558

JPY

991,418,677

Citibank N.A.

01/09/26

111,288

$

17,366,178

KRW

24,455,920,000

Citibank N.A.

11/18/25

240,548

$

553,233

NZD

953,825

Citibank N.A.

01/09/26

5,746

International Bond

See Notes to Financial Statements

Consolidated Portfolio of Investments October 31, 2025

(continued)

Currency

Purchased

Receive

Currency

Sold

Deliver

Counterparty

Settlement Date

Unrealized

Appreciation

(Depreciation)

$

1,153,841

NZD

1,989,330

Citibank N.A.

01/09/26

$

11,984

$

1,095,672

RON

4,789,347

Citibank N.A.

11/14/25

10,871

$

2,079,089

THB

67,337,538

Citibank N.A.

11/18/25

(6,450)

$

668,203

ZAR

11,648,900

Citibank N.A.

11/14/25

(3,000)

$

1,304,568

ZAR

22,559,484

Citibank N.A.

11/14/25

4,704

$

732,504

CZK

15,303,753

Goldman Sachs

11/14/25

7,352

$

1,009,068

EUR

862,534

Goldman Sachs

01/08/26

10,949

$

1,795,160

EUR

1,542,885

Goldman Sachs

01/08/26

9,744

$

1,458,194

EUR

1,246,258

Goldman Sachs

01/08/26

16,032

$

2,015,536

GBP

1,500,000

Goldman Sachs

01/08/26

44,928

$

5,710,706

IDR

94,963,330,000

Goldman Sachs

11/18/25

515

$

157,245

MXN

2,902,715

Goldman Sachs

11/14/25

1,244

$

1,000,019

NZD

1,716,740

Goldman Sachs

01/09/26

14,627

$

672,741

ZAR

11,618,655

Goldman Sachs

11/14/25

3,281

$

579,071

AUD

890,757

Morgan Stanley

01/09/26

(4,151)

$

1,498,157

AUD

2,305,433

Morgan Stanley

01/09/26

(11,320)

$

6,360,723

CAD

8,829,989

Morgan Stanley

01/08/26

42,293

$

5,522,867

CAD

7,726,375

Morgan Stanley

01/08/26

(5,856)

$

5,020,448

CAD

6,977,956

Morgan Stanley

01/08/26

27,267

$

4,320,144

CHF

3,411,773

Morgan Stanley

01/08/26

45,570

$

964,813

CHF

760,561

Morgan Stanley

01/08/26

11,914

$

954,119

CHF

759,364

Morgan Stanley

01/08/26

2,721

$

952,722

CHF

752,352

Morgan Stanley

01/08/26

10,108

$

3,439,394

CZK

71,570,071

Morgan Stanley

11/14/25

48,120

$

739,992

CZK

15,442,423

Morgan Stanley

11/14/25

8,269

$

3,365,442

EUR

2,896,373

Morgan Stanley

01/08/26

13,778

$

1,822,826

EUR

1,560,321

Morgan Stanley

01/08/26

17,233

$

1,172,770

EUR

1,010,841

Morgan Stanley

01/08/26

3,031

$

1,188,743

EUR

1,021,657

Morgan Stanley

01/08/26

6,488

$

1,991,182

EUR

1,707,693

Morgan Stanley

01/08/26

15,050

$

1,278,320

EUR

1,094,247

Morgan Stanley

01/08/26

12,065

$

14,956,219

EUR

12,880,482

Morgan Stanley

01/08/26

51,008

$

20,862,208

EUR

17,927,729

Morgan Stanley

01/08/26

116,357

$

23,309,934

EUR

19,870,034

Morgan Stanley

01/08/26

316,461

$

18,144,864

EUR

15,470,191

Morgan Stanley

01/08/26

242,859

$

1,538,115

EUR

1,320,891

Morgan Stanley

01/08/26

9,588

$

1,189,494

EUR

1,021,256

Morgan Stanley

01/08/26

7,703

$

1,741,495

EUR

1,490,535

Morgan Stanley

01/08/26

16,658

$

503,701

EUR

432,051

Morgan Stanley

01/08/26

3,734

$

934,695

EUR

800,000

Morgan Stanley

01/08/26

8,941

$

1,724,353

EUR

1,476,563

Morgan Stanley

01/08/26

15,684

$

4,492,390

GBP

3,358,031

Morgan Stanley

01/08/26

80,815

$

6,003,867

GBP

4,516,872

Morgan Stanley

01/08/26

69,877

$

5,968,641

GBP

4,534,256

Morgan Stanley

01/08/26

11,813

$

1,324,824

GBP

997,740

Morgan Stanley

01/08/26

14,054

$

5,367,973

GBP

4,044,741

Morgan Stanley

01/08/26

54,240

$

53,979,344

GBP

40,181,499

Morgan Stanley

01/08/26

1,191,352

$

1,669,277

GBP

1,258,796

Morgan Stanley

01/08/26

15,547

$

1,890,896

GBP

1,419,351

Morgan Stanley

01/08/26

26,239

$

337,526

HUF

112,483,350

Morgan Stanley

11/14/25

3,519

$

196,485

HUF

66,371,198

Morgan Stanley

11/14/25

(597) $

198,377

HUF

66,580,448

Morgan Stanley

11/14/25

674

$

746,768

IDR

12,410,608,500

Morgan Stanley

11/18/25

512

$

2,910,636

JPY

439,527,842

Morgan Stanley

01/09/26

38,167

$

8,570,818

JPY

1,294,257,551

Morgan Stanley

01/09/26

112,390

$

8,022,340

JPY

1,203,443,106

Morgan Stanley

01/09/26

157,416

$

55,438,575

JPY

8,253,882,363

Morgan Stanley

01/09/26

1,496,549

$

2,006,603

JPY

299,567,175

Morgan Stanley

01/09/26

48,826

$

5,047,796

JPY

771,000,000

Morgan Stanley

02/09/26

(4,954)

$

3,483,084

KRW

4,972,241,800

Morgan Stanley

11/18/25

1,196

$

839,830

MXN

15,501,338

Morgan Stanley

11/14/25

6,737

$

156,696

MXN

2,887,346

Morgan Stanley

11/14/25

1,521

$

158,379

MXN

2,920,923

Morgan Stanley

11/14/25

1,399

$

1,197,237

MYR

5,064,312

Morgan Stanley

11/18/25

(12,723)

$

548,351

NOK

5,456,640

Morgan Stanley

01/08/26

9,734

$

548,286

NOK

5,520,577

Morgan Stanley

01/08/26

3,359

See Notes to Financial Statements

Currency

Purchased

Receive

Currency

Sold

Deliver

Counterparty

Settlement Date

Unrealized

Appreciation

(Depreciation)

$

2,416,955

NOK

24,056,775

Morgan Stanley

01/08/26

$

42,347

$

549,862

NOK

5,495,116

Morgan Stanley

01/08/26

7,447

$

546,722

NOK

5,556,746

Morgan Stanley

01/08/26

(1,776)

$

496,357

NZD

861,823

Morgan Stanley

01/09/26

1,679

$

502,295

NZD

872,131

Morgan Stanley

01/09/26

1,699

$

907,047

NZD

1,579,996

Morgan Stanley

01/09/26

$

744,747

PLN

2,719,824

Morgan Stanley

11/14/25

8,346

$

2,729,563

PLN

9,952,008

Morgan Stanley

11/14/25

35,023

$

751,435

PLN

2,766,061

Morgan Stanley

11/14/25

2,514

$

746,242

PLN

2,722,327

Morgan Stanley

11/14/25

9,162

$

264,791

RON

1,155,467

Morgan Stanley

11/14/25

3,075

$

262,840

RON

1,155,569

Morgan Stanley

11/14/25

1,100

$

395,703

SGD

509,936

Morgan Stanley

11/18/25

3,362

$

987,817

SGD

1,276,183

Morgan Stanley

11/18/25

5,933

$

543,888

SGD

700,642

Morgan Stanley

11/18/25

4,820

$

1,993,284

SGD

2,581,727

Morgan Stanley

11/18/25

6,925

$

547,893

SGD

709,650

Morgan Stanley

11/18/25

1,895

$

597,926

THB

19,556,665

Morgan Stanley

11/18/25

(7,772)

EUR

1,490,535

$

1,735,141

Morgan Stanley

11/03/25

(16,744)

EUR

620,171

$

724,588

Morgan Stanley

01/08/26

(6,931)

EUR

586,579

$

681,790

Morgan Stanley

01/08/26

(3,005)

GBP

997,740

$

1,324,883

Morgan Stanley

11/04/25

(14,139)

$

499,509

ZAR

8,607,886

Morgan Stanley

11/14/25

3,528

$

5,034,950

EUR

4,296,821

Standard Chartered Bank

01/08/26

62,697

$

7,947,179

GBP

5,915,698

Standard Chartered Bank

01/08/26

175,497

$

1,202,862

GBP

914,502

Standard Chartered Bank

01/08/26

1,445

$

4,455,662

KRW

6,320,445,400

Standard Chartered Bank

11/18/25

29,674

$

3,770,045

KRW

5,371,295,600

Standard Chartered Bank

11/18/25

8,713

$

226,458

PEN

780,647

Standard Chartered Bank

11/18/25

(5,296)

$

1,039,194

PEN

3,591,454

Standard Chartered Bank

11/18/25

(27,018)

$

262,456

RON

1,149,579

Standard Chartered Bank

11/14/25

2,073

$

537,079

THB

17,411,627

Standard Chartered Bank

11/18/25

(2,183)

EUR

724,036

$

845,650

Standard Chartered Bank

01/08/26

(7,801)

GBP

914,502

$

1,202,876

Standard Chartered Bank

11/05/25

(1,479)

$

2,988,080

AUD

4,532,053

Toronto Dominion Bank

01/09/26

20,728

$

29,150,990

CAD

40,484,796

Toronto Dominion Bank

01/08/26

181,490

$

5,032,539

CAD

7,028,158

Toronto Dominion Bank

01/08/26

3,436

$

741,036

CZK

15,540,065

Toronto Dominion Bank

11/18/25

4,630

$

972,883

HUF

324,767,814

Toronto Dominion Bank

11/14/25

8,523

$

198,964

HUF

67,507,230

Toronto Dominion Bank

11/14/25

(1,491)

$

3,996,043

KRW

5,721,413,800

Toronto Dominion Bank

11/18/25

(10,464)

EUR

1,094,247

$

1,276,735

Toronto Dominion Bank

01/08/26

(10,479)

Total

$

10,909,639

Total unrealized appreciation on forward foreign currency contracts

$

11,116,664

Total unrealized depreciation on forward foreign currency contracts

$

(207,025)

AUD

Australian Dollar

KRW

South Korean Won

CAD

Canadian Dollar

MXN

Mexican Peso

CHF

Switzerland Franc

MYR

Malaysian Ringgit

CNH

Chinese Yuan Renminbi Offshore

NOK

Norwegian Krone

CZK

Czech Republic Koruna

NZD

New Zealand Dollar

EUR

Euro

PEN

Peruvian Sol

GBP

Pound Sterling

PLN

Polish Zloty

HUF

Hungary Forint

RON

Romanian Leu

IDR

Indonesia Rupiah

SGD

Singapore Dollar

JPY

Japanese Yen

THB

Thai Baht

ZAR

South African Rand

Statement of Assets and Liabilities

See Notes to Financial Statements

October 31, 2025

6.1 Emerging Markets Debt

6.2 International Bond

§

ASSETS

Long-term investments, at value

\*†

$

750,772,050

$

1,125,472,161

Short-term investments, at value

#

25,740,309

75,428,682

Investments purchased with collateral from securities lending, at value (cost approximates value)

14,346,629

–

Cash

1,679,948

1,120,493

Cash denominated in foreign currencies

^

2,736,829

16,233,356

Receivables:

Interest

11,745,112

10,404,986

Investments sold

4,453,146

1,066,320

Reclaims

8,788

48,145

Reimbursement from Adviser

241,164

339,141

Shares sold

369,638

518,967

Unrealized appreciation on forward foreign currency contracts

169,639

11,116,664

Other

75,135

56,035

Total assets

812,338,387

1,241,804,950

LIABILITIES

Due to affiliates

11,450

11,298

Payables:

Management fees

308,817

362,545

Collateral from securities lending

14,346,629

–

Capital gain taxes

16,903

10,993

Investments purchased - regular settlement

10,581,821

40,896,487

Investments purchased - when-issued/delayed-delivery settlement

507,273

7,836,807

Shares redeemed

24,848

31,971

Service agreement fees

5,683

23,047

Unrealized depreciation on forward foreign currency contracts

5,554

207,025

Accrued expenses:

Custodian fees

63,218

115,493

Professional fees

54,358

59,426

Shareholder reporting expenses

16,271

18,745

Shareholder servicing agent fees

9,521

966

Trustees fees

35,880

21,291

12b-1 distribution and service fees

4,907

Other

3,205

7,256

Total liabilities

25,996,338

49,603,613

Net assets

$

786,342,049

$

1,192,201,337

NET ASSETS CONSIST OF:

Paid-in capital

$

840,697,411

$

1,237,181,580

Total distributable earnings (loss)

(54,355,362)

(44,980,243)

Net assets

$

786,342,049

$

1,192,201,337

§

Consolidated Statement of Assets and Liabilities (see Notes to Financial Statements)

\*

Includes securities loaned of

$

25,347,198

$

–

†

Long-term investments, cost

$

753,713,955

$

1,145,487,050

#

Short-term investments, cost

$

25,717,867

$

75,451,254

^

Cash denominated in foreign currencies, cost

$

2,760,885

$

16,791,176

Statement of Assets and Liabilities

See Notes to Financial Statements

October 31, 2025

6.1 Emerging Markets Debt

6.2 International Bond

§

CLASS A:

Net assets

$

23,780,565

$

1,194,965

Shares outstanding

2,606,475

132,900

Net asset value ("NAV") per share

$

.12

$

.99

Maximum sales charge

4.00%

4.00%

Offering price per share (NAV per share plus maximum sales charge)

$

.50

$

.36

CLASS I:

Net assets

$

21,589,838

$

2,503,948

Shares outstanding

2,355,592

277,454

NAV and offering price per share

$

.17

$

.02

PREMIER CLASS:

Net assets

$

228,354

$

93,318

Shares outstanding

25,001

10,285

NAV and offering price per share

$

.13

$

.07

CLASS R6:

Net assets

$

116,305,809

$

2,251,254

Shares outstanding

12,728,533

249,680

NAV and offering price per share

$

.14

$

.02

RETIREMENT CLASS:

Net assets

$

27,395,009

$

117,944,554

Shares outstanding

3,001,924

13,115,232

NAV and offering price per share

$

.13

$

.99

CLASS W:

Net assets

$

597,042,474

$

1,068,213,298

Shares outstanding

65,347,581

117,833,266

NAV and offering price per share

$

.14

$

.07

Authorized shares - per class

Unlimited

Unlimited

Par value per share

$

.0001

$

.0001

Statement of Operations

See Notes to Financial Statements

Year Ended October 31, 2025

6.1 Emerging Markets Debt

6.2 International Bond

§

INVESTMENT INCOME

Dividends

$

839,037

$

Interest

38,623,946

17,200,980

Securities lending income, net

45,071

2,464

Tax withheld

(130,367)

(59,792)

Total investment income

39,377,687

17,143,701

EXPENSES

Management fees

2,967,695

2,371,537

12b-1 distribution and service fees —

Class A

39,642

2,834

12b-1 distribution and service fees —

Premier Class

Shareholder servicing agent fees —

Class A

27,480

1,508

Shareholder servicing agent fees —

Class I

13,535

747

Shareholder servicing agent fees —

Premier Class

Shareholder servicing agent fees —

Class R6

1,435

Shareholder servicing agent fees —

Retirement Class

63,237

96,463

Shareholder servicing agent fees —

Class W

669

985

Administrative service fees

47,008

46,205

Trustees fees

5,686

4,495

Custodian expenses

75,437

136,420

Overdraft expense

2,884

Professional fees

55,048

79,175

Registration fees

29,489

36,974

Shareholder reporting expenses

55,288

47,025

Other

33,420

39,967

Total expenses

3,415,692

2,867,738

Expenses reimbursed by the investment adviser

(2,245,426)

(2,521,623)

Net expenses

1,170,266

346,115

Net investment income (loss)

38,207,421

16,797,586

REALIZED AND UNREALIZED GAIN (LOSS)

Realized gain (loss) from:

Investments

\*

(5,646,514)

(4,497,433)

Forward foreign currency contracts

(214,011)

(9,020,741)

Swap contracts

(35,406)

–

Foreign currency transactions

(2,266,165)

(726,603)

Net realized gain (loss)

(8,162,096)

(14,244,777)

Change in unrealized appreciation (depreciation) on:

Investments

‡

34,710,872

18,792,386

Forward foreign currency contracts

127,911

7,893,204

Foreign currency translations

36,989

(175,345)

Net change in unrealized appreciation (depreciation)

34,875,772

26,510,245

Net realized and unrealized gain (loss)

26,713,676

12,265,468

Net increase (decrease) in net assets from operations

$

64,921,097

$

29,063,054

§

Consolidated Statement of Operations (see Notes to Financial Statements)

\* Net of foreign capital gains tax

$

$

37,430

‡

&nbsp;&nbsp;&nbsp;&nbsp;Net of change in foreign capital gains tax

$

(12,001)

$

(10,993)

Statement of Changes in Net Assets

See Notes to Financial Statements

6.1 Emerging Markets Debt

6.2 International Bond

§

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

OPERATIONS

Net investment income (loss)

$

38,207,421

$

35,321,206

$

16,797,586

$

15,064,213

Net realized gain (loss)

(8,162,096)

(14,845,998)

(14,244,777)

(16,419,042)

Net change in unrealized appreciation (depreciation)

34,875,772

71,756,848

26,510,245

43,700,273

Net increase (decrease) in net assets from operations

64,921,097

92,232,056

29,063,054

42,345,444

DISTRIBUTIONS TO SHAREHOLDERS

–

–

–

–

Dividends:

Class A

(932,716)

(689,714)

(17,135)

–

Class I

(1,296,259)

(837,600)

(25,888)

(2,218)

Premier Class

(13,636)

(11,419)

(1,599)

(80)

Class R6

(6,844,036)

(5,776,097)

(14,292)

(1,812)

Retirement Class

(1,553,251)

(1,252,812)

(84,576)

(519)

Class W

(25,494,413)

(22,845,370)

(10,424,215)

(3,196,948)

Total distributions

(36,134,311)

(31,413,012)

(10,567,705)

(3,201,577)

FUND SHARE TRANSACTIONS

Subscriptions

394,762,875

173,792,811

824,332,722

94,197,342

Reinvestments of distributions

10,455,774

8,480,073

138,986

4,349

Redemptions

(196,182,887)

(143,501,985)

(71,480,599)

(85,743,536)

Net increase (decrease) from Fund share transactions

209,035,762

38,770,899

752,991,109

8,458,155

Net increase (decrease) in net assets

237,822,548

99,589,943

771,486,458

47,602,022

Net assets at the beginning of period

548,519,501

448,929,558

420,714,879

373,112,857

Net assets at the end of period

$

786,342,049

$

548,519,501

$

1,192,201,337

$

420,714,879

§

Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements)

Financial Highlights

See Notes to Financial Statements

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

6.1 Emerging Markets Debt

Class A:

10/31/25

$

.68

$

.54

$

.43

$

.97

$

(0

.53)

$

—

$

(0

.53)

$

.12

10/31/24

.67

.51

.95

.46

(0

.45)

—

(0

.45)

.68

10/31/23

.34

.45

.33

.78

(0

.45)

—

(0

.45)

.67

10/31/22

.97

.50

(2

.67)

(2

.17)

(0

.46)

—

(0

.46)

.34

10/31/21

.64

.43

.30

.73

(0

.40)

—

(0

.40)

.97

Class I:

10/31/25

.71

.58

.44

.02

(0

.56)

—

(0

.56)

.17

10/31/24

.70

.53

.94

.47

(0

.46)

—

(0

.46)

.71

10/31/23

.36

.47

.34

.81

(0

.47)

—

(0

.47)

.70

10/31/22

.00

.51

(2

.67)

(2

.16)

(0

.48)

—

(0

.48)

.36

10/31/21

.67

.46

.30

.76

(0

.43)

—

(0

.43)

.00

Premier Class:

10/31/25

.68

.57

.43

.00

(0

.55)

—

(0

.55)

.13

10/31/24

.67

.52

.95

.47

(0

.46)

—

(0

.46)

.68

10/31/23

.34

.46

.33

.79

(0

.46)

—

(0

.46)

.67

10/31/22

.97

.50

(2

.66)

(2

.16)

(0

.47)

—

(0

.47)

.34

10/31/21

.65

.47

.28

.75

(0

.43)

—

(0

.43)

.97

Class R6:

10/31/25

.69

.59

.42

.01

(0

.56)

—

(0

.56)

.14

10/31/24

.68

.54

.94

.48

(0

.47)

—

(0

.47)

.69

10/31/23

.34

.47

.35

.82

(0

.48)

—

(0

.48)

.68

10/31/22

.97

.52

(2

.66)

(2

.14)

(0

.49)

—

(0

.49)

.34

10/31/21

.65

.47

.29

.76

(0

.44)

—

(0

.44)

.97

Retirement Class:

10/31/25

.68

.56

.43

.99

(0

.54)

—

(0

.54)

.13

10/31/24

.67

.51

.95

.46

(0

.45)

—

(0

.45)

.68

10/31/23

.34

.45

.34

.79

(0

.46)

—

(0

.46)

.67

10/31/22

.97

.50

(2

.66)

(2

.16)

(0

.47)

—

(0

.47)

.34

10/31/21

.64

.45

.30

.75

(0

.42)

—

(0

.42)

.97

Class W:

10/31/25

.69

.64

.42

.06

(0

.61)

—

(0

.61)

.14

10/31/24

.68

.58

.95

.53

(0

.52)

—

(0

.52)

.69

10/31/23

.34

.52

.35

.87

(0

.53)

—

(0

.53)

.68

10/31/22

.98

.57

(2

.67)

(2

.10)

(0

.54)

—

(0

.54)

.34

10/31/21

.65

.53

.30

.83

(0

.50)

—

(0

.50)

.98

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

.58

%

$

23,781

.03

%

.00

%

.23

%

%

.30

14,717

.92

.92

.00

.65

11,663

.92

.92

.73

(22

.32)

8,722

.93

.93

.68

.61

15,698

.94

.94

.30

.10

21,590

.67

.67

.56

.46

17,143

.72

.72

.28

.99

10,133

.69

.69

.91

(22

.17)

17,890

.69

.69

.96

.91

19,272

.69

.69

.55

.90

.78

.78

.51

.43

.81

.81

.15

.78

.79

.79

.81

(22

.21)

.78

.78

.86

.74

.80

.80

.61

.09

116,306

.61

.61

.70

.61

120,648

.63

.63

.36

.11

78,811

.62

.62

.96

(22

.07)

35,533

.62

.62

.93

.90

77,422

.61

.61

.67

.83

27,395

.86

.86

.44

.35

25,202

.88

.88

.10

.71

16,607

.87

.86

.74

(22

.21)

13,771

.87

.80

.84

.78

19,212

.86

.82

.44

.77

597,042

.61

0.00 7

.29

.34

370,592

.63

.01

.94

.82

331,520

.62

0.00 6

.58

(21

.65)

430,741

.62

0.00 6

.64

.66

470,716

.61

0.00 5

.24

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

–

International Bond

§

Class A:

10/31/25

$

8.69 $

0.23 $

0.20 $

0.43 $

(0.13)

$

—

$

(0.13)

$

8.99 10/31/24

7.90 0.23 0.56 0.79 —

—

—

8.69 10/31/23

7.96 0.20 0.10 0.30 (0.36)

—

(0.36)

7.90 10/31/22

9.91 0.15 (1.41)

(1.26)

(0.61)

(0.08)

(0.69)

7.96 10/31/21

10.22 0.11 (0.17)

(0.06)

(0.15)

(0.10)

(0.25)

9.91 Class I:

10/31/25

8.72 0.26 0.20 0.46 (0.16)

—

(0.16)

9.02 10/31/24

7.92 0.25 0.57 0.82 (0.02)

—

(0.02)

8.72 10/31/23

7.97 0.22 0.09 0.31 (0.36)

—

(0.36)

7.92 10/31/22

9.92 0.18 (1.40)

(1.22)

(0.65)

(0.08)

(0.73)

7.97 10/31/21

10.23 0.14 (0.17)

(0.03)

(0.18)

(0.10)

(0.28)

9.92 Premier Class:

10/31/25

8.77 0.25 0.21 0.46 (0.16)

—

(0.16)

9.07 10/31/24

7.96 0.25 0.57 0.82 (0.01)

—

(0.01)

8.77 10/31/23

8.01 0.21 0.10 0.31 (0.36)

—

(0.36)

7.96 10/31/22

9.99 0.17 (1.42)

(1.25)

(0.65)

(0.08)

(0.73)

8.01 10/31/21

10.29 0.13 (0.16)

(0.03)

(0.17)

(0.10)

(0.27)

9.99 Class R6:

10/31/25

8.72 0.26 0.21 0.47 (0.17)

—

(0.17)

9.02 10/31/24

7.92 0.26 0.56 0.82 (0.02)

—

(0.02)

8.72 10/31/23

7.96 0.22 0.10 0.32 (0.36)

—

(0.36)

7.92 10/31/22

9.94 0.18 (1.41)

(1.23)

(0.67)

(0.08)

(0.75)

7.96 10/31/21

10.24 0.15 (0.17)

(0.02)

(0.18)

(0.10)

(0.28)

9.94 Retirement Class:

10/31/25

8.70 0.24 0.20 0.44 (0.15)

—

(0.15)

8.99 10/31/24

7.90 0.24 0.56 0.80 (0.00)

(c) —

(0.00)

(c) 8.70 10/31/23

7.95 0.20 0.11 0.31 (0.36)

—

(0.36)

7.90 10/31/22

9.91 0.16 (1.41)

(1.25)

(0.63)

(0.08)

(0.71)

7.95 10/31/21

10.22 0.12 (0.17)

(0.05)

(0.16)

(0.10)

(0.26)

9.91 Class W:

10/31/25

8.77 0.32 0.20 0.52 (0.22)

—

(0.22)

9.07 10/31/24

7.96 0.31 0.57 0.88 (0.07)

—

(0.07)

8.77 10/31/23

7.96 0.27 0.11 0.38 (0.38)

—

(0.38)

7.96 10/31/22

9.99 0.24 (1.42)

(1.18)

(0.77)

(0.08)

(0.85)

7.96 10/31/21

10.29 0.21 (0.17)

0.04 (0.24)

(0.10)

(0.34)

9.99 §

Consolidated Financial Highlights (see Notes to Financial Statements)

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Value rounded to zero.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

5.04 %

$

1,195

0.97 %

0.92 %

2.68 %

%

10.00 1,229

0.96 0.95 2.69 37

3.75 1,450

0.97 0.94 2.46 29

(13.01)

1,448

1.10 0.94 1.68 39

(0.68)

1,731

1.49 0.94 1.12 37

5.34 2,504

0.62 0.60 2.98 30

10.30 1,418

0.71 0.70 2.95 37

3.96 1,133

0.70 0.67 2.74 29

(12.61)

0.69 0.67 2.10 39

(0.39)

0.68 0.68 1.38 37

5.25 93

0.80 0.72 2.88 30

10.28 90

0.83 0.75 2.89 37

3.91 82

0.80 0.75 2.65 29

(12.89)

0.78 0.75 1.86 39

(0.42)

0.80 0.75 1.31 37

5.44 2,251

0.61 0.56 3.03 30

10.37 707

0.63 0.60 3.03 37

4.12 721

0.63 0.59 2.81 29

(12.72)

630

0.61 0.59 2.03 39

(0.26)

732

0.60 0.60 1.46 37

5.06 117,945

0.83 0.80 2.78 30

10.14 5,516

0.87 0.85 2.79 37

3.92 4,489

0.87 0.84 2.55 29

(12.97)

4,435

0.86 0.84 1.77 39

(0.58)

5,682

0.84 0.84 1.21 37

6.04 1,068,213

0.58 0.00 3.61 30

11.08 411,755

0.62 0.01 3.64 37

4.80 365,238

0.62 0.00 3.39 29

(12.23)

369,347

0.61 0.00 2.60 39

0.29 516,606

0.59 0.00 2.07 37

Notes to Financial Statements

1. General Information

Trust and Fund Information:

TIAA-CREF Funds (the "Trust") is an open-end management investment company registered under the

Investment Company Act of 1940 ("1940 Act"), as amended. The Trust is comprised of the following (collectively the "Funds" or

individually, the "Fund"), among others:

Current Fiscal Period:

The end of the reporting period for the Funds is October 31, 2025, and the period covered by these Notes to

Financial Statements is the fiscal year ended October 31, 2025 (the "current fiscal period").

Investment Adviser:

Teachers Advisors, LLC (the "Adviser"), a wholly owned indirect subsidiary of Teachers Insurance and Annuity

Association of America ("TIAA"), is registered with the Securities and Exchange Commission ("SEC") as an investment adviser and

provides investment management services for the Funds.

Share Classes and Sales Charges:

The Funds offer up to six share classes, although any one Fund may not necessarily offer all six

classes. The Funds may offer Class A, Class I, Premier Class, Class R6, Retirement Class and Class W shares. Each class differs by

the allocation of class-specific expenses and voting rights in matters affecting a single class. The Funds offer their shares through

their principal underwriter, Nuveen Securities, LLC ("Nuveen Securities"), which is a wholly owned indirect subsidiary of TIAA.

Class A Shares are generally sold with an up-front sales charge. Class A Share purchases of $1 million or more are sold at net asset

value ("NAV") without an up-front sales charge but may be subject to a contingent deferred sales charge ("CDSC") of 1% if redeemed

within eighteen months of purchase. Class I, Premier Class, Class R6, Retirement Class and Class W shares are sold without an up-

front sales charge.

Change in Fiscal and Tax Year Ends:

On October 8, 2025, each Fund's Board of Trustees (the "Board") approved that each Fund's

fiscal and tax year ends (collectively, "fiscal year end") be changed from October 31 to December 31, which became effective

November 1, 2025. The Funds continued to follow their current regulatory reporting schedules and prepared an annual report as of

October 31, 2025, which will then be followed by an annual report for the two-month period ended December 31, 2025.

2. Significant Accounting Policies

The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United

States of America ("U.S. GAAP"), which may require the use of estimates made by management and the evaluation of subsequent

events. Actual results may differ from those estimates. The Funds are investment companies and follow the accounting guidance

in the Financial Accounting Standards Board ("FASB") Accounting Standards Codification 946, Financial Services — Investment

Companies. The NAV for financial reporting purposes may differ from the NAV for processing security and common share transactions.

The NAV for financial reporting purposes includes security and common share transactions through the date of the report. Total return

is computed based on the NAV used for processing security and common share transactions. The following is a summary of the

significant accounting policies consistently followed by the Funds.

Basis for Consolidation:

&nbsp;&nbsp;&nbsp;&nbsp;International Bond is presented on a consolidated basis with the Nuveen International Bond Fund Offshore

Limited (the "Regulation S Subsidiary") and the Nuveen International Bond Fund Taxable Offshore Limited (the "TEFRA Bond

Subsidiary"). Both the Regulation S Subsidiary and TEFRA Bond Subsidiary (the "Subsidiaries") are wholly owned subsidiaries

of International Bond organized under the laws of the Cayman Islands. The Regulation S Subsidiary commenced operations on March

1, 2017 and is intended to provide the Fund with exposure to Regulation S fixed income securities. Regulation S securities are

securities of U.S. and non-U.S. issuers that are issued through private placement transactions with the SEC pursuant to Regulation

S under the Securities Act of 1933, as amended. The TEFRA Bond Subsidiary commenced operations on September 1, 2022 and is

intended to provide the Fund with exposure to TEFRA fixed income securities. TEFRA securities are securities that are sold subject

to selling restrictions generally designed to restrict the purchase of such bonds to non-U.S. persons (as defined for applicable U.S.

federal income tax purposes). Both Subsidiaries are advised by the Adviser and have the same investment objective as the Fund

(except that the Regulation S Subsidiary may invest without limitation in Regulation S securities and the TEFRA Bond Subsidiary may

invest without limitation in TEFRA bonds). All inter-company transactions and balances have been eliminated.

Select financial information related to the Subsidiaries is as follows:

Fund Name

Short Name

Nuveen Emerging Markets Debt Fund

Emerging Markets Debt

Nuveen International Bond Fund

International Bond

Regulation S Subsidiary

TEFRA Bond Subsidiary

Total market value of investments

$61,091,636

$55,393,427

Net assets

61,289,982

57,072,159

Net investment income (loss)

1,219,050

732,570

Net realized gain (loss)

500,672

(572,668)

Compensation:

The Funds pay the members of the Board all of whom are independent, certain remuneration for their services, plus

travel and other expenses. The Board has adopted a deferred compensation plan for independent trustees that enables trustees to

elect to defer receipt of all or a portion of the annual compensation they are entitled to receive from certain Nuveen-advised funds.

Under the plan, deferred amounts are treated as though equal dollar amounts had been invested in shares of select Nuveen-advised

funds. Amounts deferred are retained by the Funds until paid. Amounts payable to the trustees for compensation are included

separately in the accompanying Statement of Assets and Liabilities. Trustees' fees, including any deferred compensation incurred,

are reflected in the Statement of Operations.

Distributions to Shareholders:

Distributions to shareholders are recorded on the ex-dividend date. The amount, character and timing of

distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP.

Foreign Currency Transactions and Translation:

The books and records of the Funds are maintained in U.S. dollars. Assets, including

investments, and liabilities denominated in foreign currencies are translated into U.S. dollars at the end of each day. Purchases and

sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the respective dates of

the transactions.

Some markets in which the Funds invest impose capital controls, repatriation limits and/or transaction fees, for example, on the

amount of foreign currency that may be converted to U.S. dollars. These restrictions, in some markets where foreign exchange

restrictions are imposed, may be reflected in non-deliverable forward rates (NDF), or prevailing "offshore" rates that apply to non-

local investors. Accordingly, the Fund may apply NDF rates, or another alternative exchange rate believed by the Adviser to be more

reflective of the rates at which the Funds may transact, where applicable, to convert the value of non-U.S. dollar denominated

securities to U.S. dollars. The U.S. dollar market value of such securities held in markets where NDF rates exist may be lower than

the U.S. dollar market value of securities using prevailing local or "onshore" foreign currency exchange rates.

Net realized foreign currency gains and losses resulting from changes in exchange rates associated with (i) foreign currency,

(ii) investments and (iii) derivatives include foreign currency gains and losses between trade date and settlement date of the

transactions, foreign currency transactions, and the difference between the amounts of interest and dividends recorded on the books

of the

Funds

and the amounts actually received are recognized as a component of "Net realized gain (loss) from foreign currency

transactions" on the Statement of Operations, when applicable.

The unrealized gains and losses resulting from changes in foreign currency exchange rates and changes in foreign exchange

rates associated with (i) investments and (ii) other assets and liabilities are recognized as a component of "Change in unrealized

appreciation (depreciation) on foreign currency translations" on the Statement of Operations, when applicable. The unrealized

gains and losses resulting from changes in foreign exchange rates associated with investments in derivatives are recognized as a

component of the respective derivative's related "Change in unrealized appreciation (depreciation)" on the Statement of Operations,

when applicable.

Foreign Taxes:

The Funds may be subject to foreign taxes on income, gains on investments or foreign currency repatriation, a portion

of which may be recoverable. The Funds will accrue such taxes and recoveries as applicable, based upon the current interpretation of

tax rules and regulations that exist in the markets in which the Funds invest.

Indemnifications:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities

arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into

contracts that provide general indemnifications to other parties. The Trust's maximum exposure under these arrangements is

unknown as this would involve future claims that may be made against the Trust that have not yet occurred. However, the Trust has

not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

Investments and Investment Income:

Securities transactions are accounted for as of the trade date for financial reporting purposes.

Interest income is recorded on an accrual basis and includes accretion of discounts and amortization of premiums. Dividend income

is recorded on the ex-dividend date. Foreign dividend income is recorded on the ex-dividend date or as soon as possible after

the Funds determine the existence of a dividend declaration. Securities lending income is comprised of fees earned from borrowers

and income earned on cash collateral investments. Realized gains and losses on securities transactions are based upon the specific

identification method. Distributions received on securities that represent a return of capital or capital gains are recorded as a

reduction of cost of investments and/or as a realized gain. The Funds estimate the components of distributions received that may be

considered return of capital distributions or capital gain distributions.

Regulation S Subsidiary

TEFRA Bond Subsidiary

Net change in unrealized appreciation (depreciation)

2,221,616

1,370,103

% of Fund's consolidated net assets

5%

5%

Notes to Financial Statements

(continued)

Multiclass Operations and Allocations:

Income, expenses, realized gains and losses and unrealized appreciation and depreciation of

a Fund are allocated on a pro rata basis to each class of shares, except for service agreement fees, distribution fees and transfer

agency fees and expenses, which are unique to each class of shares. Most expenses of the Trust can be directly attributed to a

Fund. Expenses that cannot be directly attributed are allocated to each Fund in the Trust based upon the average net assets of each

Fund.

Netting Agreements:

In the ordinary course of business, the Funds may enter into transactions subject to enforceable master

repurchase agreements, International Swaps and Derivatives Association, Inc. (ISDA) master agreements or other similar

arrangements ("netting agreements"). Generally, the right to offset in netting agreements allows each Fund to offset certain

securities and derivatives with a specific counterparty, when applicable, as well as any collateral received or delivered to that

counterparty based on the terms of the agreements. Generally, each Fund manages its cash collateral and securities collateral on a

counterparty basis. With respect to certain counterparties, in accordance with the terms of the netting agreements, collateral posted

to the Funds is held in a segregated account by the Funds' custodian and/or with respect to those amounts which can be sold or

repledged, are presented in the Funds' Portfolio of Investments or Statement of Assets and Liabilities.

The Funds' investments subject to netting agreements as of the end of the current fiscal period, if any, are further described later in

these Notes to Financial Statements.

New Accounting Pronouncement:

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740) Improvements

to Income tax disclosures ("ASU 2023-09"). The primary purpose of the amendments within ASU 2023-09 is to enhance the

transparency and decision usefulness of income tax disclosures primarily related to the rate reconciliation table and income

taxes paid information. The amendments in ASU 2023-09 are effective for annual periods beginning after December 15, 2024.

Management is currently evaluating the implications of these changes on the financial statements.

Segment

Reporting

:

In November 2023, the FASB issued Accounting Standard Update ("ASU") No. 2023-07, Segment Reporting

(Topic 280) Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The amendments in ASU 2023-07 improve

reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. ASU

2023-07 also requires a public entity that has a single reportable segment to provide all the disclosures required by the amendments

in ASU 2023-07 and all existing segment disclosures in Topic 280. The amendments in ASU 2023-07 are effective for fiscal years

beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Funds adopted

ASU 2023-07 during the current fiscal period. Adoption of the new standard impacted financial statement disclosures only and did

not affect the Funds' financial positions or the results of their operations.

Each Fund represents a single operating segment. The officers of the Funds act as the chief operating decision maker ("CODM"). The

CODM monitors the operating results of each Fund as a whole and is responsible for each Fund's long-term strategic asset allocation

in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the Fund's portfolio

managers as a team. The financial information in the form of the Fund's portfolio composition, 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 Statement of Assets and Liabilities as "total assets" and significant segment revenues and expenses are listed on the

Statement of Operations.

3. Investment Valuation and Fair Value Measurements

The Funds' investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the

Adviser, subject to the oversight of the Board. Fair value is defined as the price that would be received upon selling an investment

or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the

investment. U.S. GAAP establishes the three-tier hierarchy that is used to maximize the use of observable market data and minimize

the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable

inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market

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

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

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

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

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

rates, credit spreads, etc.).

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

fair value of investments).

A description of the valuation techniques applied to the Funds' major classifications of assets and liabilities measured at fair value

follows:

Prices of fixed-income securities are provided by pricing services approved by the Adviser, which is subject to review by the

Adviser and oversight of the Board. Pricing services establish a security's fair value using methods that may include consideration

of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or

indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other

information and analysis, including the obligor's credit characteristics considered relevant. In pricing certain securities, particularly

less liquid and lower quality securities, pricing services may consider information about a security, its issuer or market activity

provided by the Adviser. These securities are generally classified as Level 2.

Equity securities and exchange-traded funds listed or traded on a national market or exchange are valued based on their last reported

sales price or official closing price of such market or exchange on the valuation date. Foreign equity securities and registered

investment companies that trade on a foreign exchange are valued at the last reported sales price or official closing price on the

principal exchange where traded, and converted to U.S. dollars at the prevailing rates of exchange on the valuation date. For events

affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when

the Funds' net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the

Adviser, subject to the oversight of the Board. To the extent these securities are actively traded and no valuation adjustments are

applied, they are generally classified as Level 1. When valuation adjustments are applied to the most recent last sales price or official

closing price, these securities are generally classified as Level 2.

Investments in investment companies are valued at their respective NAVs or share price on the valuation date and are generally

classified as Level 1.

Forward foreign currency contracts are valued using the prevailing forward exchange rate which is derived from quotes provided by the

pricing service using the procedures approved by the Adviser, subject to the oversight of the Board, and are classified as Level 2.

Repurchase agreements are valued at contract amount plus accrued interest, which approximates market value. These securities are

generally classified as Level 2.

For any portfolio security or derivative for which market quotations are not readily available or for which the Adviser deems the

valuations derived using the valuation procedures described above not to reflect fair value, the Adviser will determine a fair value in

good faith using alternative procedures approved by the Adviser, subject to the oversight of the Board. As a general principle, the fair

value of a security is the amount that the owner might reasonably expect to receive for it in a current sale. A variety of factors may

be considered in determining the fair value of such securities, which may include consideration of the following: yields or prices of

investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security

dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including

the obligor's credit characteristics considered relevant. To the extent the inputs are observable and timely, the values would be

classified as Level 2; otherwise they would be classified as Level 3.

The following table summarizes the market value of the Funds' investments as of the end of the current fiscal period, based on the

inputs used to value them:

Fund

Level 1

Level 2

Level 3

Total

Emerging Markets Debt

Long-Term Investments

:

Bank loan obligations

$—

$3,744,300

$—

$3,744,300

Common stocks

—

4,169,569

—

4,169,569

Corporate bonds

—

349,455,756

—

349,455,756

Government bonds

—

380,733,999

—

380,733,999

Investment companies

10,089,448

—

—

10,089,448

Structured assets

—

—

2,578,978

2,578,978

Investments purchased with collateral from securities lending

14,346,629

—

—

14,346,629

Short-Term Investments

:

Government agency debt

—

4,984,989

—

4,984,989

Repurchase agreement

—

13,707,000

—

13,707,000

Treasury debt

—

7,048,320

—

7,048,320

Investments in Derivatives

:

Forward foreign currency contracts\*

—

164,085

—

164,085

Total

$24,436,077

$764,008,018

$2,578,978

$791,023,073

Notes to Financial Statements

(continued)

4. Portfolio Securities

Repurchase Agreements:

In connection with transactions in repurchase agreements, it is the Fund's policy that its custodian take

possession of the underlying collateral securities, the fair value of which exceeds the principal amount of the repurchase transaction,

including accrued interest, at all times. If the counterparty defaults, and the fair value of the collateral declines, realization of the

collateral may be delayed or limited.

The following table presents the repurchase agreements for the Funds that are subject to netting agreements as of the end of

the current fiscal period, and the collateral delivered related to those repurchase agreements.

Securities Lending:

Certain Funds may lend their securities to qualified institutional borrowers to earn additional income. A

Fund receives cash collateral and non-cash collateral (in the form of Treasury securities or other collateral permitted by applicable

law) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of loaned securities

during the period of the loan. If the market value of the loaned securities increases, the borrower must furnish additional collateral

to the Fund, which is recognized on the Statement of Assets and Liabilities. The market value of securities loaned is determined at

the close of business of the Funds and any additional required collateral is delivered to the Funds on the next business day. Cash

collateral received by the Fund will generally be invested in high-quality short-term instruments or in one or more funds maintained by

the securities lending agent ("Agent") for the purpose of investing cash collateral.

The value of the loaned securities and the liability to return the cash collateral received are reflected in the Statement of Assets and

Liabilities. Non-cash collateral is not disclosed in the Funds' Statement of Assets and Liabilities as it is held by the Agent or by a

third-party bank engaged by the Agent as a special "tri-party" custodian on behalf of the Funds, and the Funds do not have the ability

to sell or re-hypothecate those securities.

As of the end of the current fiscal period, securities lending transactions are for equity and fixed income securities, and the

resulting loans are continuous, can be recalled at any time, and have no set maturity. Securities lending income recognized by the

Funds consists of earnings on invested collateral and lending fees, net of any rebates to the borrower and compensation to the

Agent. Such income is reflected separately in the Statement of Operations. In lending its securities, a Fund bears the market risk with

respect to the investment of collateral and the risk that the Agent may default on its contractual obligations to the Fund. The Agent

bears the risk that the borrower may default on its obligation to return the loaned securities as the Agent is contractually obligated to

indemnify the Fund if at the time of a default by a borrower some or all of the loan securities have not been returned.

As of the end of the current fiscal period, the total value of securities on loan and the total value of collateral received were as

follows:

Fund

Level 1

Level 2

Level 3

Total

International Bond

Long-Term Investments

:

Bank loan obligations

$—

$10,907,826

$—

$10,907,826

Corporate bonds

—

252,717,858

—

252,717,858

Government bonds

—

818,847,417

—

818,847,417

Structured assets

—

42,999,060

—

42,999,060

Short-Term Investments

:

Government agency debt

—

17,911,311

—

17,911,311

Repurchase agreement

—

42,001,000

—

42,001,000

Treasury debt

—

15,516,371

—

15,516,371

Investments in Derivatives

:

Forward foreign currency contracts\*

—

10,909,639

—

10,909,639

Total

$—

$1,211,810,482

$—

$1,211,810,482

\*

Represents net unrealized appreciation (depreciation).

Fund

Counterparty

Short-term Investments,

at Value

Collateral Pledged

(From) Counterparty

Emerging Markets Debt

Fixed Income Clearing Corporation

$

13,707,000

$

(13,981,216)

International Bond

Fixed Income Clearing Corporation

42,001,000

(42,841,215)

Aggregate Value of Securities on Loan

Fund

Equity

Securities

Fixed Income

Securities

Cash Collateral

Received\*

Non-Cash Collateral

Received\*\*

Total Collateral

Received

Emerging Markets Debt

$9,986,011

$15,361,187

$14,346,629

$11,843,015

$26,189,644

\*May include cash and investment of cash collateral.

\*\*As of the end of the current fiscal period, the non-cash collateral received by the Funds was comprised of U.S. Treasury securities.

Zero Coupon Securities:

A zero coupon security does not pay a regular interest coupon to its holders during the life of the security.

Income to the holder of the security comes from accretion of the difference between the original purchase price of the security at

issuance and the par value of the security at maturity and is effectively paid at maturity. The market prices of zero coupon securities

generally are more volatile than the market prices of securities that pay interest periodically.

Purchases and Sales:

Long-term purchases and sales during the current fiscal period were as follows:

The Funds may purchase securities on a when-issued or delayed-delivery basis. Securities purchased on a when-issued or delayed-

delivery basis may have extended settlement periods; interest income is not accrued until settlement date. Any securities so

purchased are subject to market fluctuation during this period. If a Fund has outstanding when-issued/delayed-delivery purchases

commitments as of the end of the current fiscal period, such amounts are recognized on the Statement of Assets and Liabilities.

5. Derivative Investments

Each Fund is authorized to invest in certain derivative instruments. As defined by U.S. GAAP, a derivative is a financial instrument

whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other

variables. Investments in derivatives as of the end of and/or during the current fiscal period, if any, are included within the Statement

of Assets and Liabilities and the Statement of Operations, respectively.

Forward Foreign Currency Contracts:

During the current fiscal period, the Funds listed below used forward foreign currency contracts to

hedge a portion of its exposure to non-U.S. dollar denominated positions.

A forward contract is an agreement between two parties to purchase or sell a specified quantity of a currency at or before a specified

date in the future at a specified price. Non-deliverable forward foreign currency exchange contracts are settled with the counterparty

in cash without the delivery of foreign currency. Forward contracts are typically traded in the over-the-counter ("OTC") markets and all

details of the contract are negotiated between the counterparties to the agreement. Forward contracts are marked-to-market daily

and any resulting unrealized gains or losses are reflected as appreciation or depreciation on the Statement of Assets and Liabilities.

The Funds realize gains and losses at the time the forward contracts are closed and are included on the Statement of Operations.

Risks may arise upon entering into forward contracts from unanticipated movements in the value of a foreign currency relative to the

U.S. dollar; and that losses may exceed amounts recognized on the Statement of Assets and Liabilities.

The average notional amount of forward contracts outstanding during the current fiscal period was as follows:

The following table presents the forward foreign currency contracts subject to netting agreements and the collateral delivered related

to those forward foreign currency contracts as of the end of the reporting period.

Fund

Non-U.S. Government

Purchases

U.S. Government

Purchases

Non-U.S. Government

Sales

U.S. Government

Sales

6.1 Emerging Markets Debt

$

393,877,315

$

–

$

202,921,819

$

–

6.2 International Bond

847,800,616

15,791,813

145,770,110

1,139,531

Fund

Average Notional Amount of Forward Contracts Outstanding\*

6.1 Emerging Markets Debt

$

8,077,842

6.2 International Bond

484,683,932

\*

The average notional amount is calculated based on the outstanding notional amount of contracts at the beginning of the current fiscal period and at the end of each fiscal

quarter within the current fiscal period.

Fund

Counterparty

Gross

Unrealized

Appreciation on

Forward Foreign

Currency

Contracts\*

Gross

Unrealized

Depreciation on

Forward Foreign

Currency

Contracts\*

Net Unrealized

Appreciation

(Depreciation)

on Forward

Foreign Currency

Contracts

Collateral

Pledged

to (from)

Counterparty

Net

Exposure

Emerging Markets Debt

Citibank N.A.

$

150,350

$

—

$

150,350

$

—

$

150,350

Morgan Stanley

19,289

(5,554)

13,735

—

13,735

Total

$169,639

$(5,554)

$164,085

$—

$164,085

International Bond

Australia and New Zealand Banking Group

Limited

745,035

(12,809)

732,226

—

732,226

Bank of America

477,861

(4,403)

473,458

—

473,458

Barclays Bank PLC

6,402

(11,308)

(4,906)

—

(4,906)

Citibank N.A.

4,741,953

(22,326)

4,719,627

—

4,719,627

Goldman Sachs

108,672

—

108,672

—

108,672

Morgan Stanley

4,537,835

(89,968)

4,447,867

—

4,447,867

Standard Chartered Bank

280,099

(43,777)

236,322

—

236,322

Toronto Dominion Bank

218,807

(22,434)

196,373

—

196,373

Total

$11,116,664

$(207,025)

$10,909,639

$—

$10,909,639

\* Represents gross unrealized appreciation (depreciation) for the counterparty as reported in the Fund's Portfolio of Investments.

Notes to Financial Statements

(continued)

Credit Default Swap Contracts:

Certain Funds are subject to credit risk in the normal course of pursuing their investment objectives.

The Funds invest in credit default swaps to hedge or manage the risks associated with assets held in the Funds and/or to facilitate

the implementation of portfolio strategies to seek to increase the total return.

Credit default swap contracts involve one party making a stream of payments (buyer of protection) to another party (seller of

protection) in exchange for the right to receive a specified return if/when there is a credit event by a third party. Credit events are

agreement specific but may include bankruptcy, failure to pay, or restructuring. When a Fund has bought (sold) protection in a credit

default swap upon occurrence of a specific credit event with respect to the underlying referenced entity, the Fund will either (i) receive

(deliver) that security, or an equivalent amount of cash, from the counterparty in exchange for receipt (payment) of the notional

amount to the counterparty, or (ii) receive (pay) a net settlement amount of the credit default swap contract less the recovery value of

the referenced obligation or underlying securities comprising the referenced index. Payments paid (received) at the beginning of the

measurement period are reflected as swap premiums paid (received) on the Statement of Assets and Liabilities, when applicable.

Credit default swaps are "marked-to-market" on a daily basis to reflect the value of the swap agreement at the end of each trading

day and are recognized as unrealized appreciation (depreciation) on the Statement of Operations.

Credit default swaps can be settled either directly with the counterparty ("OTC") or through a central clearinghouse ("centrally

cleared"). For OTC swaps, the daily change in the market value of the swap contract, along with any daily interest fees accrued, are

recognized as unrealized appreciation (depreciation) on credit default swaps on the Statement of Assets and Liabilities.

Upon the execution of a centrally cleared swap, a Fund is obligated to deposit cash or eligible securities, also known as "initial

margin," into an account at its clearing broker equal to a specified percentage of the contract amount. Securities deposited for initial

margin, if any, are identified in the Portfolio of Investments and cash deposited for initial margin, if any, is reflected on the Statement

of Assets and Liabilities. The Fund and the clearing broker are obligated to settle monies on a daily basis representing the changes in

the value of the swap contracts. These daily cash settlements are known as "variation margin" and are recognized on the Statement

of Assets and Liabilities as a receivable or payable for variation margin on credit default swaps.

The difference between the value of the security received (delivered) and the notional amount delivered (received) as well as

payments received or made as a result of a credit event or termination of a contract are recognized as realized gains or losses on the

Statement of Operations.

The maximum potential amount of future payments the Fund could incur as a buyer or seller of protection in a credit default swap

contract is limited to the notional amount of the contract. The maximum potential amount would be offset by the recovery value, if

any, of the respective referenced entity.

The average notional amount of credit default swap contracts outstanding during the current fiscal period was as follows:

As of the end of the current fiscal period, the following Funds have invested in derivative contracts which are reflected in the

Statement of Assets and Liabilities as follows:

Fund

Average Notional Amount of Swap Contracts Outstanding\*

6.1 Emerging Markets Debt

$

300,000

\*

The average notional amount is calculated based on the outstanding notional amount of contracts at the beginning of the current fiscal period and at the end of each fiscal

quarter within the current fiscal period.

Asset Derivatives

Liability Derivatives

Derivative Instrument

Risk Exposure

Location

Value

Location

Value

Emerging Markets Debt

Forward foreign currency contracts

Foreign currency

exchange rate

Unrealized appreciation

on forward contracts

$

169,639

Unrealized depreciation

on forward contracts

$

(5,554)

International Bond

Forward foreign currency contracts

Foreign currency

exchange rate

Unrealized appreciation

on forward contracts

11,116,664

Unrealized depreciation

on forward contracts

(207,025)

During the current fiscal period, the effect of derivative contracts on the Funds' Statement of Operations was as follows:

6. Fund Shares

Transactions in Fund shares during the current and prior fiscal period were as follows:

Derivative Instrument

Risk Exposure

Net Realized Gain

(Loss)

Change in Unrealized

Appreciation

(Depreciation)

6.1 Emerging Markets Debt

Forward foreign currency contracts

Foreign currency exchange rate

$

(214,011)

$

127,911

Swap contracts

Credit

(35,406)

–

6.2 International Bond

Forward foreign currency contracts

Foreign currency exchange rate

(9,020,741)

7,893,204

Year Ended

10/31/25

Year Ended

10/31/24

6.1 Emerging Markets Debt

Shares

Value

Shares

Value

Subscriptions:

Class A

4,494,309

$

39,238,087

6,027,549

$

50,701,300

Class I

1,753,094

15,672,027

1,118,689

9,315,032

Premier Class

–

–

Class R6

4,311,980

37,946,523

4,217,816

35,622,486

Retirement Class

983,550

8,691,661

1,294,560

10,766,725

Class W

32,605,228

293,214,572

8,026,542

67,387,268

Total subscriptions

44,148,162

394,762,875

20,685,156

173,792,811

Reinvestments of distributions:

Class A

105,487

924,582

81,047

682,696

Class I

129,624

1,138,050

97,920

829,572

Class R6

782,505

6,840,430

676,130

5,715,462

Retirement Class

177,663

1,552,712

148,219

1,252,343

Total reinvestments of distributions

1,195,279

10,455,774

1,003,316

8,480,073

Redemptions:

Class A

(3,689,279)

(32,117,717)

(5,932,311)

(50,012,881)

Class I

(1,495,406)

(13,406,582)

(564,657)

(4,759,123)

Premier Class

(1) (5) (472) (3,840)

Class R6

(6,255,040)

(54,399,854)

(1,270,728)

(10,758,111)

Retirement Class

(1,064,122)

(9,348,443)

(703,244)

(5,989,053)

Class W

(9,923,670)

(86,910,286)

(8,546,905)

(71,978,977)

Total redemptions

(22,427,518)

(196,182,887)

(17,018,317)

(143,501,985)

Net increase (decrease) from shareholder transactions

22,915,923

$

209,035,762

4,670,155

$

38,770,899

Year Ended

10/31/25

Year Ended

10/31/24

6.2 International Bond

Shares

Value

Shares

Value

Subscriptions:

Class A

22,289

$

195,214

11,927

$

99,967

Class I

247,570

2,166,837

32,996

275,215

Premier Class

–

–

Class R6

198,407

1,742,203

16,693

139,755

Retirement Class

12,607,495

111,014,156

290,526

2,452,933

Class W

78,752,931

709,214,312

10,799,831

91,229,464

Total subscriptions

91,828,692

824,332,722

11,151,974

94,197,342

Reinvestments of distributions:

Class A

1,915

16,682

–

–

Class I

2,729

23,769

2,038

Class R6

1,623

14,123

1,792

Retirement Class

9,703

84,412

519

Total reinvestments of distributions

15,970

138,986

529

4,349

Redemptions:

Class A

(32,629)

(284,473)

(54,200)

(453,856)

Class I

(135,430)

(1,187,025)

(13,761)

(116,903)

Premier Class

(1) (8) –

–

Class R6

(31,386)

(275,290)

(26,891)

(225,301)

Retirement Class

(136,031)

(1,180,575)

(224,996)

(1,909,147)

Class W

(7,876,598)

(68,553,228)

(9,745,822)

(83,038,329)

Total redemptions

(8,212,075)

(71,480,599)

(10,065,670)

(85,743,536)

Net increase (decrease) from shareholder transactions

83,632,587

$

752,991,109

1,086,833

$

8,458,155

Notes to Financial Statements

(continued)

7. Income Tax Information

Each Fund is a separate taxpayer for federal income tax purposes. Each Fund intends to distribute substantially all of its net

investment income and net capital gains to shareholders and otherwise comply with the requirements of Subchapter M of the Internal

Revenue Code applicable to regulated investment companies. Therefore, no federal income tax provision is required.

Each Fund files income tax returns in U.S. federal and applicable state and local jurisdictions. A Fund's federal income tax returns

are generally subject to examination for a period of three fiscal years after being filed. State and local tax returns may be subject to

examination for an additional period of time depending on the jurisdiction. Management has analyzed each Fund's tax positions taken

for all open tax years and has concluded that no provision for income tax is required in the Fund's financial statements.

Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in

recognizing gains and losses on investment transactions. Temporary differences do not require reclassification. As of year end,

permanent differences that resulted in reclassifications among the components of net assets relate primarily to foreign currency

transactions, foreign taxes paid, tax treatment of earnings and profits from the TEFRA Bond Subsidiary, and treatment of notional

principal contracts. Temporary and permanent differences have no impact on a Fund's net assets.

As of year end, the aggregate cost and the net unrealized appreciation/(depreciation) of all investments for federal income tax

purposes were as follows:

For purposes of this disclosure, tax cost generally includes the cost of portfolio investments as well as up-front fees or premiums

exchanged on derivatives and any amounts unrealized for income statement reporting but realized income and/or capital gains for tax

reporting, if applicable.

As of year end, the components of accumulated earnings on a tax basis were as follows:

The tax character of distributions paid was as follows:

As of year end, the Funds had capital loss carryforwards, which will not expire:

8. Investment Adviser and Other Transactions with Affiliates

Under the terms of the Investment Management Agreement with respect to each Fund, the Adviser provides asset management

services to the Fund for an annual fee, payable monthly. The Funds have entered into an Administrative Service Agreement with the

Adviser under which the Funds pay the Adviser for its costs in providing certain administrative and compliance services to the Funds.

The Adviser has agreed to gradually reduce expenses allocated to the Funds under the Administrative Services Agreement over a

three-year period commencing May 1, 2024. After the expiration of this three-year period, the Adviser will no longer allocate expenses

to the Funds under the Administrative Services Agreement.

Each Subsidiary has entered into an investment management agreement with the Adviser. Under these agreements, the Adviser

provides the same management services to the Subsidiaries as it does to the International Bond Fund. The Adviser is not

compensated directly by the Subsidiaries for their services, rather it is provided a management fee on the average net assets of the

Fund which includes investments in the Subsidiaries.

Fund

Tax Cost

Gross Unrealized

Appreciation

Gross Unrealized

(Depreciation)

Net Unrealized

Appreciation

(Depreciation)

6.1 Emerging Markets Debt

$794,296,985

$21,517,026

$(24,790,938)

$(3,273,912)

6.2 International Bond

1,239,691,911

15,138,040

(43,019,469)

(27,881,429)

Fund

Undistributed

Ordinary

Income

Undistributed

Long-Term

Capital Gains

Unrealized

Appreciation

(Depreciation)

Capital Loss

Carryforwards

Late-Year

Loss Deferrals

Other

Book-to-Tax

Differences

Total

6.1 Emerging Markets Debt

$5,884,190

$–

$(3,304,238)

$(56,900,990)

$–

$(34,324)

$(54,355,362)

6.2 International Bond

17,210,170

–

(28,411,896)

(33,758,382)

–

(20,135)

(44,980,243)

10/31/25

10/31/24

Fund

Ordinary

Income

Long-Term

Capital Gains

Ordinary

Income

Long-Term

Capital Gains

6.1 Emerging Markets Debt

$

36,134,311

$

–

$

31,413,012

$

–

6.2 International Bond

10,567,705

–

3,201,577

–

Fund

Short-Term

Long-Term

Total

6.1 Emerging Markets Debt

$

6,840,298

$

50,060,692

$

56,900,990

6.2 International Bond

14,576,508

19,181,874

33,758,382

Under the terms of a Retirement Class Service Agreement with respect to each Fund, the Retirement Class of the Fund incurs an

annual fee of 0.25% of the daily net assets, payable monthly to TIAA, on behalf of Retirement Class shares of the Fund held by or

through TIAA by its clients, or the Adviser, on behalf of all other Retirement Class shares, for certain administrative costs associated

with the maintenance of Retirement Class shares on retirement plan or other platforms. Substantially all of the Retirement Class

shareholder servicing fees reported on the Statement of Operations are paid to TIAA or the Adviser, respectively, under the Service

Agreement.

Nuveen Securities, which is a wholly owned indirect subsidiary of TIAA, distributes the Funds' shares. Under the terms of the

distribution agreement, Nuveen Securities is not compensated. Nuveen Securities does not currently enter into agreements, or

otherwise pay, other intermediaries to sell shares of the Funds. Under the terms of a distribution Rule 12b- 1 plan, Class A shares

of each Fund compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to Class A shares

of the Fund at the annual rate of 0.25% of the average daily net assets attributable to the Fund's Class A shares. The Premier Class

of each Fund is subject to a distribution Rule 12b-1 plan that compensates Nuveen Securities for providing distribution, promotional

and/or shareholder services to the Premier Class of the Fund at the annual rate of 0.15% of the average daily net assets attributable

to the Fund's Premier Class.

The Adviser has contractually agreed to waive and/or reimburse Class W's shares' Management fees and Other expenses (excluding

interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses, trustee expenses and

extraordinary expenses) in their entirety. The Adviser expects this waiver and/or reimbursement to remain in effect indefinitely, unless

changed or terminated with approval of the Board. The Management fees and Other expenses of Class W shares that have been

waived by the Adviser may be incurred directly or indirectly, all or in part, by investors in Class W shares.

The management fee schedule for each Fund consists of two components: a Fund-level fee, based only on the amount of assets

within a Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by the Adviser and Nuveen

Fund Advisors, LLC ("Nuveen Fund Advisors").

For each Fund subject to the complex-level fee, each Fund's overall complex-level fee begins at a maximum rate of 0.1600% of a

Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion. Therefore, the maximum

management fee rate for each such Fund is the Fund-level fee plus 0.1600%. The complex-level fee rate for each Fund is determined

by taking the current overall complex-level fee rate and applying that rate to all eligible assets of the Fund. With respect to the assets

of each Fund that are not eligible assets, those assets are subject to the maximum complex-level fee rate (0.1600%). As of May 1,

2025, 21% of the net assets of each Fund are eligible assets, and that percentage will increase annually until May 1, 2033, at which

time eligible assets will include all of the net assets of a Fund. The current overall complex-level fee schedule is as follows:

\* The complex-level fee is calculated based upon the aggregate daily "eligible assets" of all Nuveen-branded closed-end funds and Nuveen-branded open-end funds

("Nuveen Mutual Funds"). Except as described below, eligible assets include the assets of all Nuveen-branded closed-end funds and Nuveen Mutual Funds organized in the United

States. Eligible assets do not include the net assets of: Nuveen fund-of-funds, Nuveen money market funds, Nuveen index funds, Nuveen Large Cap Responsible Equity Fund or

Nuveen Life Large Cap Responsible Equity Fund. In addition, eligible assets include a fixed percentage of the aggregate net assets of the active equity and fixed income Nuveen

Mutual Funds advised by the Adviser (except those identified above). The fixed percentage will increase annually until May 1, 2033, at which time eligible assets will include all of

the aggregate net assets of Adviser-advised active equity and fixed income Nuveen Mutual Funds (except those identified above). Eligible assets include closed-end fund assets

managed by Nuveen Fund Advisors that are attributable to financial leverage. For these purposes, financial leverage includes the closed-end funds' use of preferred stock and

borrowings and certain investments in the residual interest certificates (also called inverse floating rate securities) in tender option bond (TOB) trusts, including the portion of assets

held by a TOB trust that has been effectively financed by the trust's issuance of floating rate securities, subject to an agreement by Nuveen Fund Advisors as to certain funds to limit

the amount of such assets for determining eligible assets in certain circumstances.

As of the end of the current fiscal period, the complex-level fee rate for each Fund was as follows:

The Adviser has agreed to reimburse each Fund if its total expense ratio (excluding interest, taxes, brokerage commissions or other

transactional expenses, acquired fund fees and expenses and extraordinary expenses) exceeds certain percentages. The fund-level

fee range and maximum expense amounts for each Fund is based on a percentage of average daily net assets according to the

following rates:

Complex Level Asset Breakpoint Level\*

Complex Level Fee

For the first $124.3 billion

0.1600%

For the next $75.7 billion

0.1350%

For the next $200 billion

0.1325%

For eligible assets over $400 billion

0.1300%

Fund

Complex-Level Fee

6.1 Emerging Markets Debt

0.1591%

6.2 International Bond

0.1591%

Notes to Financial Statements

(continued)

Effective May 1, 2025, for a one year period, the Adviser agreed to voluntarily waive a portion of the investment management fee

and/or the expense cap for certain funds. This waiver is voluntary in nature and can be discontinued at any time without prior notice

to shareholders upon Board approval. The investment management fee and maximum expense amounts (after voluntary waivers) are

equal to the following noted annual percentage of average daily net assets for each class:

During the current fiscal period, the Distributor, collected sales charges on purchases of Class A Shares, the majority of which were

paid out as concessions to financial intermediaries as follows:

The Funds are permitted to purchase or sell securities from or to certain other funds or accounts managed by the Adviser or by an

affiliate of the Adviser (each an, "Affiliated Entity") under specified conditions outlined in procedures adopted by the Board ("cross-

trade"). These procedures have been designed to ensure that any cross-trade of securities by the Fund from or to an Affiliated Entity

by virtue of having a common investment adviser (or affiliated investment adviser), common officer and/or common trustee complies

with Rule 17a-7 under the 1940 Act. These transactions are affected at the current market price (as provided by an independent

pricing service) without incurring broker commissions. During the current fiscal period, the Funds did not engage in security

transactions with affiliated entities.

A registered separate account of TIAA (collectively "TIAA Access") has various sub-accounts that invest in the Funds, and certain

funds within the Trust also make investments in the Funds. The following is the percentage of the Funds' shares owned by affiliates

as of the end of the current fiscal period:

9. Emerging Markets Risks

The Emerging Markets Debt Fund holds a large portion of its assets in emerging market securities. Emerging market securities

are often subject to greater price volatility, less liquidity and higher rates of inflation and deflation than U.S. securities. In addition,

emerging markets may be subject to greater political, economic and social uncertainty, and differing regulatory environments that may

potentially impact the Fund's ability to buy or sell certain securities or repatriate proceeds to U.S. dollars.

Fund-Level Fee

Range

Maximum Expense Amounts‡

Fund

Class A

Class I

Premier Class

Class R6

Retirement

Class

Class W

6.1 Emerging Markets Debt\*

0.290%—0.390%

1.000 %

0.800 %

0.800 %

0.650 %

0.900 %

0.650 %

6.2 International Bond\*

0.240%—0.340%

0.950 0.750 0.750 0.600 0.850 0.600 \*

This Fund is subject to a breakpoint schedule on its investment management fee, which reduces this fee as the Fund's net assets increase.

‡

Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and

expenses and extraordinary expenses. The expense reimbursement arrangements will continue through at least February 28, 2026. The reimbursement

arrangements can only be changed with the approval of the Board.

Investment

Management

Fee Range

Maximum Expense Amounts‡

Fund

Class A

Class I

Premier Class

Class R6

Retirement

Class

Class W

6.2 International Bond\*

0.240%—0.340%

0.890 %

0.690 %

0.690 %

0.540 %

0.790 %

0.540 %

\*

This Fund is subject to a breakpoint schedule on its investment management fee, which reduces this fee as the Fund's net assets increase.

‡

Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and

extraordinary expenses. The reimbursement arrangements can only be changed with the approval of the Board.

Fund

Sales Charges Collected

(Unaudited)

Paid to Financial

Intermediaries

(Unaudited)

Emerging Markets Debt

$

1,210

$

1,058

International Bond

1,739

1,528

Underlying Fund

Nuveen Lifecycle

Funds

Total

6.1 Emerging Markets Debt

%

%

6.2 International Bond

10. Borrowing Arrangements

Line of Credit:

During June 2025, the Funds along with certain funds managed by the Adviser or by an affiliate of the

Adviser ("Participating Funds"), have established a 364-day, $2.7 billion standby credit facility with a group of lenders, under

which the Participating Funds may borrow for temporary purposes (other than on-going leveraging for investment purposes). Each

Participating Fund is allocated a designated proportion of the facility's capacity (and its associated costs, as described below)

based upon a multi-factor assessment of the likelihood and frequency of its need to draw on the facility, the size of the Fund and its

anticipated draws, and the potential importance of such draws to the operations and well-being of the Fund, relative to those of the

other Funds. A Fund may effect draws on the facility in excess of its designated capacity if and to the extent that other Participating

Funds have undrawn capacity. The credit facility expires in June 2026, unless extended or renewed.

The credit facility has the following terms: 0.15% per annum on unused commitment amounts and a drawn interest rate equal to

the higher of (a) OBFR (Overnight Bank Funding Rate) plus 1.20% per annum or (b) the Fed Funds Effective Rate plus 1.20% per

annum on amounts borrowed. Interest expense incurred by the Participating Funds, when applicable, is recognized as a component

of "Interest expense" on the Statement of Operations. Participating Funds paid administration, legal and arrangement fees, which

are recognized as a component of "Interest expense" on the Statement of Operations, and along with commitment fees, have been

allocated among such Participating Funds based upon the relative proportions of the facility's aggregate capacity reserved for them

and other factors deemed relevant by the Adviser and the Board of each Participating Fund.

During the current fiscal period, the Funds did not utilize this facility.

Important Tax Information

(Unaudited)

As required by the Internal Revenue Code and Treasury Regulations, certain tax information, as detailed below, must be provided

to shareholders. Shareholders are advised to consult their tax advisor with respect to the tax implications of their investment. The

amounts listed below may differ from the actual amounts reported on Form 1099-DIV, which will be sent to shareholders shortly after

calendar year end.

Long-Term Capital Gains

As of year end, each Fund designates the following distribution amounts, or maximum amount allowable, as being from net long-term

capital gains pursuant to Section 852(b)(3) of the Internal Revenue Code:

Qualified interest income (QII)

Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary income distributions treated as

qualified interest income and/or short-term capital gain dividends pursuant to Section 871(k) of the Internal Revenue Code:

163(j)

Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary dividends treated as Section 163(j)

interest dividends pursuant to Section 163(j) of the Internal Revenue Code:

Fund

Net Long-Term

Capital Gains

6.1 Emerging Markets Debt

$

–

6.2 International Bond

–

Fund

Prior Year End to 12/31

Percentage

1/1 to Current Year End

Percentage

6.1 Emerging Markets Debt

5.0 %

2.4 %

6.2 International Bond

4.5 —

Fund

Percentage

6.1 Emerging Markets Debt

91.4 %

6.2 International Bond

100.0 ------

Report of Independent Registered Public Accounting Firm

To the Board of Trustees of TIAA-CREF Funds and Shareholders of Nuveen Core Equity Fund, Nuveen Large Cap Growth Fund, Nuveen

Large Cap Value Fund, Nuveen Quant Mid Cap Growth Fund, Nuveen Mid Cap Value Fund, Nuveen Quant Small Cap Equity Fund,

Nuveen Quant Small/Mid Cap Equity Fund, Nuveen Large Cap Responsible Equity Fund, Nuveen Emerging Markets Equity Fund,

Nuveen International Equity Fund, Nuveen International Opportunities Fund, Nuveen Quant International Small Cap Equity Fund and

Nuveen International Responsible Equity Fund

Opinions on the Financial Statements

We have audited the accompanying statements of assets and liabilities, including the portfolios of investments, of Nuveen Core

Equity Fund, Nuveen Large Cap Growth Fund, Nuveen Large Cap Value Fund, Nuveen Quant Mid Cap Growth Fund, Nuveen Mid Cap

Value Fund, Nuveen Quant Small Cap Equity Fund, Nuveen Quant Small/Mid Cap Equity Fund, Nuveen Large Cap Responsible Equity

Fund, Nuveen Emerging Markets Equity Fund, Nuveen International Equity Fund, Nuveen International Opportunities Fund, Nuveen

Quant International Small Cap Equity Fund and Nuveen International Responsible Equity Fund (thirteen of the funds constituting

TIAA-CREF Funds, hereafter collectively referred to as the "Funds") as of October 31, 2025, the related statements of operations for

the year ended October 31, 2025, the statements of changes in net assets for each of the two years in the period ended October

31, 2025, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2025

(collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects,

the financial position of each of the Funds as of October 31, 2025, the results of each of their operations for the year then ended,

the changes in each of their net assets for each of the two years in the period ended October 31, 2025 and each of the financial

highlights for each of the five years in the period ended October 31, 2025 in conformity with accounting principles generally accepted

in the United States of America.

Basis for Opinions

These financial statements are the responsibility of the Funds' management. Our responsibility is to express an opinion on the

Funds' financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting

Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S.

federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require

that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material

misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to

error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence

regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles

used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements.

Our procedures included confirmation of securities owned as of October 31, 2025 by correspondence with the custodian and

brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a

reasonable basis for our opinions.

/s/PricewaterhouseCoopers LLP

Chicago, Illinois

December 26, 2025

We have served as the auditor of one or more investment companies in Nuveen Funds since 2002.

Core Equity

Portfolio of Investments October 31, 2025

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.8%

COMMON STOCKS - 99.8%

AUTOMOBILES & COMPONENTS - 1.8%

292,059

(a) Tesla, Inc

$

133,342,457

TOTAL AUTOMOBILES & COMPONENTS

133,342,457

BANKS - 3.0%

1,420,197

Citigroup, Inc

143,766,542

242,222

JPMorgan Chase & Co

75,360,109

TOTAL BANKS

219,126,651

CAPITAL GOODS - 6.7%

247,940

Cummins, Inc

108,518,379

120,944

Eaton Corp plc

46,147,393

416,537

Howmet Aerospace, Inc

85,785,795

729,440

Ingersoll Rand, Inc

55,678,155

738,721

RTX Corp

131,861,699

99,859

Trane Technologies plc

44,801,740

12,125

TransDigm Group, Inc

15,865,684

TOTAL CAPITAL GOODS

488,658,845

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 7.4%

1,001,988

(a) Amazon.com, Inc

244,705,509

15,832

(a) Autozone, Inc

58,173,576

259,683

Home Depot, Inc

98,573,070

617,284

TJX Cos, Inc

86,506,180

243,127

(b) Williams-Sonoma, Inc

47,249,301

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

535,207,636

CONSUMER DURABLES & APPAREL - 0.7%

419,058

Pulte Homes, Inc

50,232,482

TOTAL CONSUMER DURABLES & APPAREL

50,232,482

CONSUMER SERVICES - 1.6%

1,833,163

(a) Carnival Corp

52,850,089

285,632

(a) Expedia Group, Inc

62,839,040

TOTAL CONSUMER SERVICES

115,689,129

CONSUMER STAPLES DISTRIBUTION & RETAIL - 4.8%

102,632

Costco Wholesale Corp

93,543,936

653,663

(a),(b)

Performance Food Group Co

63,235,359

1,917,258

Walmart, Inc

193,988,164

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

350,767,459

ENERGY - 0.4%

182,772

Chevron Corp

28,826,800

TOTAL ENERGY

28,826,800

FINANCIAL SERVICES - 5.9%

119,726

Ameriprise Financial, Inc

54,208,341

749,066

Bank of New York Mellon Corp

80,846,693

45,386

Goldman Sachs Group, Inc

35,826,347

332,201

Mastercard, Inc (Class A)

183,371,630

214,523

Visa, Inc (Class A)

73,096,567

TOTAL FINANCIAL SERVICES

427,349,578

FOOD, BEVERAGE & TOBACCO - 0.8%

994,034

Altria Group, Inc

56,043,637

TOTAL FOOD, BEVERAGE & TOBACCO

56,043,637

HEALTH CARE EQUIPMENT & SERVICES - 5.8%

1,098,338

(a) Boston Scientific Corp

110,624,603

331,481

HCA, Inc

152,375,186

425,056

(a),(b)

Tenet Healthcare Corp

87,769,814

256,503

(a) Veeva Systems, Inc

74,693,674

TOTAL HEALTH CARE EQUIPMENT & SERVICES

425,463,277

MATERIALS - 1.4%

137,123

Linde plc

57,358,551

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

MATERIALS

(continued)

268,029

Steel Dynamics, Inc

$

42,026,947

TOTAL MATERIALS

99,385,498

MEDIA & ENTERTAINMENT - 10.7%

702,863

Alphabet, Inc

198,080,851

837,078

Alphabet, Inc (Class A)

235,377,963

338,982

Meta Platforms, Inc

219,778,980

1,095,207

Walt Disney Co

123,342,212

TOTAL MEDIA & ENTERTAINMENT

776,580,006

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 4.7%

74,764

AbbVie, Inc

16,301,543

153,715

(a),(b)

Alnylam Pharmaceuticals, Inc

70,100,189

81,309

Eli Lilly & Co

70,158,284

774,498

Johnson & Johnson

146,279,437

58,953

(a) Regeneron Pharmaceuticals, Inc

38,425,565

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

341,265,018

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 17.1%

346,216

(a) Advanced Micro Devices, Inc

88,672,842

819,755

Broadcom, Inc

303,006,041

1,021,624

Lam Research Corp

160,864,915

3,426,849

Nvidia Corp

693,902,654

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

1,246,446,452

SOFTWARE & SERVICES - 14.4%

34,150

(a) AppLovin Corp

21,764,819

2,166,467

Gen Digital, Inc

57,108,070

126,694

Intuit, Inc

84,574,580

1,084,876

Microsoft Corp

561,759,642

479,722

(a) Palantir Technologies, Inc

96,169,869

363,943

(a) Palo Alto Networks, Inc

80,154,806

214,043

Salesforce, Inc

55,738,938

323,186

(a) Snowflake, Inc

88,837,368

TOTAL SOFTWARE & SERVICES

1,046,108,092

TECHNOLOGY HARDWARE & EQUIPMENT - 7.7%

1,546,800

Apple, Inc

418,208,316

1,528,225

Cisco Systems, Inc

111,728,530

116,638

Seagate Technology Holdings plc

29,845,331

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

559,782,177

TRANSPORTATION - 2.1%

1,018,859

(a) Uber Technologies, Inc

98,319,893

584,648

(a) United Airlines Holdings, Inc

54,980,298

TOTAL TRANSPORTATION

153,300,191

UTILITIES - 2.8%

1,280,230

(b) Alliant Energy Corp

85,544,969

972,674

American Electric Power Co, Inc

116,973,775

TOTAL UTILITIES

202,518,744

TOTAL COMMON STOCKS

(Cost $4,198,456,941)

7,256,094,129

TOTAL LONG-TERM INVESTMENTS

(Cost $4,198,456,941)

7,256,094,129

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.1%

6,153,167

(c) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(d)

6,153,167

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $6,153,167)

6,153,167

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.2%

GOVERNMENT AGENCY DEBT - 0.1%

$

5,000,000

Federal Home Loan Bank (FHLB)

.000

11/28/25

4,984,989

Core Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

GOVERNMENT AGENCY DEBT

(continued)

$

500,000

Federal Home Loan Bank (FHLB)

.000

%

12/26/25

$

497,044

TOTAL GOVERNMENT AGENCY DEBT

5,482,033

REPURCHASE AGREEMENT - 0.1%

10,557,000

(e) Fixed Income Clearing Corporation

.150

11/03/25

10,557,000

TOTAL REPURCHASE AGREEMENT

10,557,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $16,039,392)

16,039,033

TOTAL INVESTMENTS - 100.1%

(Cost $4,220,649,500)

7,278,286,329

OTHER ASSETS & LIABILITIES, NET - (0.1)%

(6,865,460)

NET ASSETS - 100.0%

$

7,271,420,869

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $5,920,700.

(c) Investments made with cash collateral received from securities on loan.

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

(e) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $10,560,651 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

1.875% and maturity date 7/15/34, valued at $10,768,245.

Portfolio of Investments October 31, 2025

Large Cap Growth

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 97.7%

COMMON STOCKS - 97.7%

AUTOMOBILES & COMPONENTS - 3.0%

449,578

(a) Tesla, Inc

$

205,259,332

TOTAL AUTOMOBILES & COMPONENTS

205,259,332

BANKS - 0.5%

398,206

Wells Fargo & Co

34,631,976

TOTAL BANKS

34,631,976

CAPITAL GOODS - 3.7%

285,043

(a) Boeing Co

57,299,344

167,449

General Electric Co

51,733,369

124,117

Quanta Services, Inc

55,744,668

18,195

TransDigm Group, Inc

23,808,339

329,025

Vertiv Holdings Co

63,455,762

TOTAL CAPITAL GOODS

252,041,482

COMMERCIAL & PROFESSIONAL SERVICES - 0.6%

242,353

Waste Connections, Inc

40,637,751

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

40,637,751

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 10.1%

2,549,795

(a) Amazon.com, Inc

622,710,935

10,704

(a) Autozone, Inc

39,331,099

459,760

Prosus NV

31,777,899

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

693,819,933

CONSUMER DURABLES & APPAREL - 0.3%

(a) NVR, Inc

836,455

3,796,300

(a) PRADA S.p.A

22,402,969

TOTAL CONSUMER DURABLES & APPAREL

23,239,424

CONSUMER SERVICES - 3.5%

10,665

Booking Holdings, Inc

54,154,097

4,168,852

(a) Carnival Corp

120,188,003

55,548

(a) Flutter Entertainment plc

12,796,907

68,199

(a) Flutter Entertainment plc

15,862,406

438,860

Starbucks Corp

35,490,608

TOTAL CONSUMER SERVICES

238,492,021

CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.4%

28,739

Costco Wholesale Corp

26,194,162

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

26,194,162

FINANCIAL SERVICES - 6.0%

28,950

(a),(b)

Adyen NV

49,605,367

5,808

American Express Co

2,095,120

555,415

(a) Chime Financial, Inc

9,536,475

3,133,698

(a) Grab Holdings Ltd

18,833,525

216,772

KKR & Co, Inc

25,650,631

399,317

(a) PayPal Holdings, Inc

27,660,689

6,626,680

(a),(c)

Rocket Cos, Inc

110,400,489

492,042

Visa, Inc (Class A)

167,658,391

TOTAL FINANCIAL SERVICES

411,440,687

FOOD, BEVERAGE & TOBACCO - 1.0%

431,507

Mondelez International, Inc

24,794,392

606,501

(a) Monster Beverage Corp

40,532,462

TOTAL FOOD, BEVERAGE & TOBACCO

65,326,854

HEALTH CARE EQUIPMENT & SERVICES - 1.2%

129,683

(a) Intuitive Surgical, Inc

69,287,033

34,586

(a) Veeva Systems, Inc

10,071,443

TOTAL HEALTH CARE EQUIPMENT & SERVICES

79,358,476

INSURANCE - 0.6%

212,835

Progressive Corp

43,844,010

TOTAL INSURANCE

43,844,010

MEDIA & ENTERTAINMENT - 12.9%

1,720,707

Alphabet, Inc

484,929,647

Large Cap Growth

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

MEDIA & ENTERTAINMENT

(continued)

522,854

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

$

52,206,972

307,909

Meta Platforms, Inc

199,632,800

727,031

(a) ROBLOX Corp

82,677,965

571,141

Walt Disney Co

64,321,900

TOTAL MEDIA & ENTERTAINMENT

883,769,284

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 4.6%

130,696

Eli Lilly & Co

112,772,351

520,108

(a) Galderma Group AG.

96,590,299

83,143

(a) Regeneron Pharmaceuticals, Inc

54,192,607

90,654

Thermo Fisher Scientific, Inc

51,436,173

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

314,991,430

REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.5%

508,353

(a) CoStar Group, Inc

34,979,770

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

34,979,770

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 22.9%

330,449

Applied Materials, Inc

77,027,662

291,044

(a),(c)

ARM Holdings plc (ADR)

49,425,092

1,237,264

Broadcom, Inc

457,329,892

4,505,247

Nvidia Corp

912,267,465

1,441,000

Taiwan Semiconductor Manufacturing Co Ltd

69,686,279

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

1,565,736,390

SOFTWARE & SERVICES - 18.6%

232,387

(a) Atlassian Corp Ltd

39,371,006

46,971

(a) Crowdstrike Holdings, Inc

25,505,723

210,713

(a),(c)

Figma, Inc

10,501,936

107,129

Intuit, Inc

71,513,964

1,455,066

Microsoft Corp

753,447,725

225,610

Oracle Corp

59,247,442

167,096

(a) Palantir Technologies, Inc

33,497,735

369,528

(a) Palo Alto Networks, Inc

81,384,847

105,354

Roper Industries, Inc

47,003,687

75,869

(a) ServiceNow, Inc

69,744,854

284,855

(a) Snowflake, Inc

78,300,942

TOTAL SOFTWARE & SERVICES

1,269,519,861

TECHNOLOGY HARDWARE & EQUIPMENT - 6.6%

1,234,194

Apple, Inc

333,689,032

524,390

(a) Arista Networks, Inc

82,691,059

219,287

(a) Western Digital Corp

32,939,100

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

449,319,191

UTILITIES - 0.7%

131,209

Constellation Energy Corp

49,465,793

TOTAL UTILITIES

49,465,793

TOTAL COMMON STOCKS

(Cost $2,390,873,656)

6,682,067,827

TOTAL LONG-TERM INVESTMENTS

(Cost $2,390,873,656)

6,682,067,827

See Notes to Financial Statements

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.0%

553,756

(d) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(e)

$

553,756

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $553,756)

553,756

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.2%

GOVERNMENT AGENCY DEBT - 0.1%

$

5,000,000

Federal Home Loan Bank (FHLB)

.000

11/28/25

4,984,989

TOTAL GOVERNMENT AGENCY DEBT

4,984,989

REPURCHASE AGREEMENT - 0.1%

11,049,000

(f) Fixed Income Clearing Corporation

.150

11/03/25

11,049,000

TOTAL REPURCHASE AGREEMENT

11,049,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $16,034,356)

16,033,989

TOTAL INVESTMENTS - 97.9%

(Cost $2,407,461,768)

6,698,655,572

OTHER ASSETS & LIABILITIES, NET - 2.1%

142,560,657

NET ASSETS - 100.0%

$

6,841,216,229

ADR

American Depositary Receipt

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

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

which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $49,605,367 or 0.7% of Total

Investments.

(c) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $15,923,660.

(d) Investments made with cash collateral received from securities on loan.

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

(f) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $11,052,821 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

4.250% and maturity date 2/28/29, valued at $11,270,137.

Large Cap Value

Portfolio of Investments October 31, 2025

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.6%

COMMON STOCKS - 99.6%

BANKS - 10.9%

2,903,973

Bank of America Corp

$

155,217,357

982,984

Fifth Third Bancorp

40,911,794

836,701

JPMorgan Chase & Co

260,314,415

381,165

PNC Financial Services Group, Inc

69,581,671

1,692,898

Wells Fargo & Co

147,231,339

TOTAL BANKS

673,256,576

CAPITAL GOODS - 12.8%

476,859

(a) Boeing Co

95,858,196

103,244

Deere & Co

47,660,528

411,476

Dover Corp

74,666,435

291,457

Eaton Corp plc

111,208,333

667,024

Emerson Electric Co

93,096,539

310,843

Honeywell International, Inc

62,582,021

593,521

Masco Corp

38,436,420

134,754

Parker-Hannifin Corp

104,141,934

778,606

RTX Corp

138,981,171

53,698

Trane Technologies plc

24,091,608

TOTAL CAPITAL GOODS

790,723,185

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 4.5%

581,452

(a) Amazon.com, Inc

142,002,208

206,758

Home Depot, Inc

78,483,269

613,626

(a) O'Reilly Automotive, Inc

57,950,839

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

278,436,316

CONSUMER DURABLES & APPAREL - 1.1%

9,540

(a) NVR, Inc

68,791,223

TOTAL CONSUMER DURABLES & APPAREL

68,791,223

CONSUMER SERVICES - 1.8%

10,163

Booking Holdings, Inc

51,605,072

227,318

Hilton Worldwide Holdings, Inc

58,411,633

TOTAL CONSUMER SERVICES

110,016,705

CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.5%

894,961

Walmart, Inc

90,552,154

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

90,552,154

ENERGY - 6.4%

464,744

Chevron Corp

73,299,424

884,487

ConocoPhillips

78,595,515

580,294

EOG Resources, Inc

61,418,317

1,020,752

Exxon Mobil Corp

116,733,199

399,922

Valero Energy Corp

67,810,774

TOTAL ENERGY

397,857,229

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 2.3%

766,648

Prologis, Inc

95,133,351

253,032

Simon Property Group, Inc

44,472,904

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

139,606,255

FINANCIAL SERVICES - 10.4%

301,994

American Express Co

108,938,295

308,008

(a) Berkshire Hathaway, Inc

147,086,140

82,121

BlackRock, Inc

88,921,440

732,240

Charles Schwab Corp

69,211,325

150,457

Goldman Sachs Group, Inc

118,766,242

506,792

Intercontinental Exchange, Inc

74,138,602

342,311

KKR & Co, Inc

40,505,661

TOTAL FINANCIAL SERVICES

647,567,705

FOOD, BEVERAGE & TOBACCO - 1.8%

931,098

Mondelez International, Inc

53,500,891

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

FOOD, BEVERAGE & TOBACCO

(continued)

421,610

Philip Morris International, Inc

$

60,850,971

TOTAL FOOD, BEVERAGE & TOBACCO

114,351,862

HEALTH CARE EQUIPMENT & SERVICES - 6.1%

863,126

Abbott Laboratories

106,699,636

221,137

Cigna Group

54,048,094

170,519

Elevance Health, Inc

54,088,627

147,715

HCA, Inc

67,901,631

278,575

UnitedHealth Group, Inc

95,150,077

TOTAL HEALTH CARE EQUIPMENT & SERVICES

377,888,065

HOUSEHOLD & PERSONAL PRODUCTS - 1.2%

495,714

Procter & Gamble Co

74,540,514

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

74,540,514

INSURANCE - 4.4%

1,009,285

American International Group, Inc

79,693,143

209,070

Chubb Ltd

57,899,846

391,095

Marsh & McLennan Cos, Inc

69,673,574

812,563

Metlife, Inc

64,858,779

TOTAL INSURANCE

272,125,342

MATERIALS - 4.2%

866,746

DuPont de Nemours, Inc

70,769,811

241,195

Linde plc

100,891,868

145,322

(b) Reliance Steel & Aluminum Co

41,043,292

1,335,068

Smurfit WestRock plc

49,290,711

3,885

(a) Solstice Advanced Materials, Inc

175,097

TOTAL MATERIALS

262,170,779

MEDIA & ENTERTAINMENT - 6.4%

891,373

Alphabet, Inc

251,206,739

410,386

Comcast Corp (Class A)

11,423,094

41,644

Meta Platforms, Inc

26,999,887

972,856

Walt Disney Co

109,563,043

TOTAL MEDIA & ENTERTAINMENT

399,192,763

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 5.5%

248,082

AbbVie, Inc

54,091,799

333,982

Danaher Corp

71,933,043

819,217

Johnson & Johnson

154,725,515

92,398

(a) Regeneron Pharmaceuticals, Inc

60,225,017

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

340,975,374

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 5.9%

262,116

Analog Devices, Inc

61,369,219

357,198

Applied Materials, Inc

83,262,854

89,142

Broadcom, Inc

32,949,557

509,428

Intel Corp

20,372,026

392,269

Lam Research Corp

61,766,677

278,074

Micron Technology, Inc

62,224,619

216,821

NXP Semiconductors NV

45,341,607

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

367,286,559

SOFTWARE & SERVICES - 2.4%

279,662

Accenture plc

69,943,466

142,233

Microsoft Corp

73,649,670

22,740

Oracle Corp

5,971,751

TOTAL SOFTWARE & SERVICES

149,564,887

TECHNOLOGY HARDWARE & EQUIPMENT - 2.7%

1,058,586

Cisco Systems, Inc

77,393,222

375,693

TE Connectivity plc

92,799,928

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

170,193,150

TELECOMMUNICATION SERVICES - 0.6%

181,928

T-Mobile US, Inc

38,213,977

TOTAL TELECOMMUNICATION SERVICES

38,213,977

TRANSPORTATION - 1.9%

117,942

FedEx Corp

29,936,039

Large Cap Value

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

TRANSPORTATION

(continued)

401,960

Union Pacific Corp

$

88,579,925

TOTAL TRANSPORTATION

118,515,964

UTILITIES - 4.8%

597,656

Ameren Corp

60,972,865

561,049

American Electric Power Co, Inc

67,471,753

779,882

Duke Energy Corp

96,939,333

877,643

NextEra Energy, Inc

71,440,140

TOTAL UTILITIES

296,824,091

TOTAL COMMON STOCKS

(Cost $3,611,971,776)

6,178,650,675

TOTAL LONG-TERM INVESTMENTS

(Cost $3,611,971,776)

6,178,650,675

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.0%

28,550

(c) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(d)

28,550

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $28,550)

28,550

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.4%

GOVERNMENT AGENCY DEBT - 0.1%

$

5,000,000

Federal Home Loan Bank (FHLB)

.000

11/28/25

4,984,989

TOTAL GOVERNMENT AGENCY DEBT

4,984,989

REPURCHASE AGREEMENT - 0.3%

17,793,000

(e) Fixed Income Clearing Corporation

.150

11/03/25

17,793,000

TOTAL REPURCHASE AGREEMENT

17,793,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $22,778,356)

22,777,989

TOTAL INVESTMENTS - 100.0%

(Cost $3,634,778,682)

6,201,457,214

OTHER ASSETS & LIABILITIES, NET - (0.0)%

(871,666)

NET ASSETS - 100.0%

$

6,200,585,548

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $28,243.

(c) Investments made with cash collateral received from securities on loan.

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

(e) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $17,799,153 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

1.875% and maturity date 7/15/34, valued at $18,148,989.

Portfolio of Investments October 31, 2025

Quant Mid Cap Growth

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 100.0%

COMMON STOCKS - 100.0%

CAPITAL GOODS - 20.1%

98,780

Allison Transmission Holdings, Inc

$

8,154,289

61,210

Armstrong World Industries, Inc

11,656,220

4,995

(a) Axon Enterprise, Inc

3,657,489

57,080

(b) BWX Technologies, Inc

12,192,859

14,170

Comfort Systems USA, Inc

13,682,268

20,810

EMCOR Group, Inc

14,062,982

58,440

Fastenal Co

2,404,806

55,110

Ferguson Enterprises, Inc

13,694,835

66,580

HEICO Corp (Class A)

16,493,863

50,420

Howmet Aerospace, Inc

10,383,999

240,360

(a) Leonardo DRS, Inc

8,787,562

15,820

Quanta Services, Inc

7,105,237

45,920

(a),(b)

Rocket Lab Corp

2,892,042

103,660

(a),(b)

StandardAero, Inc

2,994,737

144,125

Vertiv Holdings Co

27,795,947

47,760

(a),(b)

WillScot Mobile Mini Holdings Corp

1,038,780

TOTAL CAPITAL GOODS

156,997,915

COMMERCIAL & PROFESSIONAL SERVICES - 2.5%

338,340

(a) ExlService Holdings, Inc

13,229,094

7,770

Veralto Corp

766,743

25,785

Verisk Analytics, Inc

5,640,727

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

19,636,564

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 8.4%

22,460

(a),(b)

Carvana Co

6,884,888

389,840

(a) Chewy, Inc

13,145,405

601,250

(a) Coupang, Inc

19,221,963

98,220

Ross Stores, Inc

15,609,122

105,670

(a),(b)

Wayfair, Inc

10,937,902

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

65,799,280

CONSUMER DURABLES & APPAREL - 0.8%

7,960

(a) BK LC Lux Finco 2 Sarl

317,684

42,520

(a) Deckers Outdoor Corp

3,465,380

56,710

(a),(b)

On Holding AG.

2,106,776

1,930

Tapestry, Inc

211,953

TOTAL CONSUMER DURABLES & APPAREL

6,101,793

CONSUMER SERVICES - 10.0%

29,330

(a) Bright Horizons Family Solutions, Inc

3,203,716

16,540

(a) Carnival Corp

476,848

8,030

Domino's Pizza, Inc

3,199,634

296,157

(a),(b)

DraftKings, Inc

9,059,443

97,120

(a),(b)

Dutch Bros, Inc

5,394,045

73,030

(a) Flutter Entertainment plc

16,986,048

235,890

H&R Block, Inc

11,733,168

23,064

Hilton Worldwide Holdings, Inc

5,926,525

35,930

Royal Caribbean Cruises Ltd

10,305,802

25,990

Texas Roadhouse, Inc (Class A)

4,251,444

60,210

Travel & Leisure Co

3,779,984

60,980

(a) Viking Holdings Ltd

3,710,633

TOTAL CONSUMER SERVICES

78,027,290

CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.2%

16,270

(a) Sprouts Farmers Market, Inc

1,284,679

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

1,284,679

ENERGY - 0.7%

99,430

HF Sinclair Corp

5,130,588

Quant Mid Cap Growth

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

ENERGY

(continued)

2,240

Phillips 66

$

304,954

TOTAL ENERGY

5,435,542

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.5%

20,500

Simon Property Group, Inc

3,603,080

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

3,603,080

FINANCIAL SERVICES - 10.3%

177,060

(a) Affirm Holdings, Inc

12,727,073

90,570

(b) Ally Financial, Inc

3,529,513

2,830

Ameriprise Financial, Inc

1,281,339

42,990

Bank of New York Mellon Corp

4,639,911

5,081

(a) Coinbase Global, Inc

1,746,746

60,369

(a),(b)

iShares Russell Midcap Growth Index Fund

8,573,605

11,050

Jefferies Financial Group, Inc

583,772

116,040

(b) Lazard, Inc

5,662,752

35,280

Morningstar, Inc

7,489,944

17,504

MSCI, Inc (Class A)

10,301,979

42,840

(a) Robinhood Markets, Inc

6,288,055

39,410

(a),(b)

SoFi Technologies, Inc

1,169,689

411,450

(a) Toast, Inc

14,869,803

19,623

Tradeweb Markets, Inc

2,068,068

TOTAL FINANCIAL SERVICES

80,932,249

HEALTH CARE EQUIPMENT & SERVICES - 8.4%

81,625

AmerisourceBergen Corp

27,573,741

22,452

(a) IDEXX Laboratories, Inc

14,133,759

1,380

(a) Insulet Corp

431,954

38,910

(a),(b)

Masimo Corp

5,472,691

62,705

(a) Veeva Systems, Inc

18,259,696

TOTAL HEALTH CARE EQUIPMENT & SERVICES

65,871,841

INSURANCE - 1.1%

58,830

(a) Brown & Brown, Inc

4,691,104

63,400

RLI Corp

3,738,064

TOTAL INSURANCE

8,429,168

MEDIA & ENTERTAINMENT - 5.9%

429,460

(a) Pinterest, Inc

14,215,126

228,494

(a) ROBLOX Corp

25,984,338

54,800

(a) Roku, Inc

5,815,924

TOTAL MEDIA & ENTERTAINMENT

46,015,388

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 5.6%

17,120

(a) Alnylam Pharmaceuticals, Inc

7,807,405

177,800

(a) Exact Sciences Corp

11,501,882

97,890

(a) Exelixis, Inc

3,785,406

96,670

(a),(b)

Halozyme Therapeutics, Inc

6,301,917

103,120

(a),(b)

Neurocrine Biosciences, Inc

14,767,815

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

44,164,425

REAL ESTATE MANAGEMENT & DEVELOPMENT - 1.7%

85,200

(a) CBRE Group, Inc

12,987,036

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

12,987,036

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.1%

9,320

(a) Astera Labs, Inc

1,739,857

72,660

(a),(b)

Enphase Energy, Inc

2,216,857

12,583

Monolithic Power Systems, Inc

12,645,915

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

16,602,629

SOFTWARE & SERVICES - 14.8%

2,390

(a) Appfolio, Inc

608,088

8,932

(a) AppLovin Corp

5,692,631

40,891

(a),(b)

Cloudflare, Inc

10,357,690

197,500

(a),(b)

Confluent, Inc

4,615,575

29,402

(a) Datadog, Inc

4,786,940

139,270

(a),(b)

Dropbox, Inc

4,038,830

171,460

(a) Elastic NV

15,297,661

151,410

Gen Digital, Inc

3,991,168

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

SOFTWARE & SERVICES

(continued)

106,630

(a) GoDaddy, Inc

$

14,195,652

1,114

(a) HubSpot, Inc

547,999

28,880

(a) MongoDB, Inc

10,391,602

107,030

(a),(b)

Nutanix, Inc

7,624,817

26,626

(a) Palantir Technologies, Inc

5,337,714

412,860

(a) RingCentral, Inc

12,435,343

162,700

(a) Rubrik, Inc

12,246,429

68,258

(a) Trade Desk, Inc

3,432,012

TOTAL SOFTWARE & SERVICES

115,600,151

TECHNOLOGY HARDWARE & EQUIPMENT - 1.6%

3,030

(b) NetApp, Inc

356,873

24,180

(a),(b)

Pure Storage, Inc

2,386,566

9,510

(a) Super Micro Computer, Inc

494,140

11,970

(a),(b)

Ubiquiti, Inc

9,422,545

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

12,660,124

TELECOMMUNICATION SERVICES - 0.2%

153,712

(a),(c)

GCI Liberty, Inc

1,537

89,220

Iridium Communications, Inc

1,708,563

TOTAL TELECOMMUNICATION SERVICES

1,710,100

TRANSPORTATION - 1.3%

490,310

(a) Lyft, Inc (Class A)

10,031,743

TOTAL TRANSPORTATION

10,031,743

UTILITIES - 3.8%

55,430

NRG Energy, Inc

9,526,200

109,371

Vistra Corp

20,594,559

TOTAL UTILITIES

30,120,759

TOTAL COMMON STOCKS

(Cost $680,761,256)

782,011,756

TOTAL LONG-TERM INVESTMENTS

(Cost $680,761,256)

782,011,756

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 7.5%

58,746,005

(d) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(e)

58,746,005

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $58,746,005)

58,746,005

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.1%

REPURCHASE AGREEMENT - 0.1%

$

772,000

(f) Fixed Income Clearing Corporation

.150

11/03/25

772,000

TOTAL REPURCHASE AGREEMENT

772,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $772,000)

772,000

TOTAL INVESTMENTS - 107.6%

(Cost $740,279,261)

841,529,761

OTHER ASSETS & LIABILITIES, NET - (7.6)%

(59,424,087)

NET ASSETS - 100.0%

$

782,105,674

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $58,803,606.

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

(d) Investments made with cash collateral received from securities on loan.

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

(f) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $772,267 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

1.875% and maturity date 7/15/34, valued at $787,629.

Mid Cap Value

Portfolio of Investments October 31, 2025

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.9%

COMMON STOCKS - 99.9%

BANKS - 4.4%

234,179

(a) East West Bancorp, Inc

$

23,792,586

599,664

Fifth Third Bancorp

24,958,016

112,028

M&T Bank Corp

20,598,588

TOTAL BANKS

69,349,190

CAPITAL GOODS - 19.5%

67,204

(a) Carlisle Cos, Inc

21,844,660

286,764

Carrier Global Corp

17,059,590

144,662

Crane Co

27,485,780

127,314

Dover Corp

23,102,399

70,996

Hubbell, Inc

33,368,120

182,987

ITT, Inc

33,865,404

138,620

L3Harris Technologies, Inc

40,075,042

323,329

(a) nVent Electric plc

36,972,671

125,982

Owens Corning, Inc

16,038,768

144,626

(a) WESCO International, Inc

37,534,786

95,238

Westinghouse Air Brake Technologies Corp

19,470,457

TOTAL CAPITAL GOODS

306,817,677

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 1.3%

101,874

(b) Autonation, Inc

20,361,556

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

20,361,556

CONSUMER DURABLES & APPAREL - 3.0%

70,419

DR Horton, Inc

10,498,064

52,217

Ralph Lauren Corp

16,691,686

272,093

(a) Whirlpool Corp

19,490,022

TOTAL CONSUMER DURABLES & APPAREL

46,679,772

CONSUMER SERVICES - 3.6%

77,814

Darden Restaurants, Inc

14,018,192

429,578

Travel & Leisure Co

26,968,907

216,686

Wyndham Hotels & Resorts, Inc

15,911,253

TOTAL CONSUMER SERVICES

56,898,352

ENERGY - 5.9%

398,721

Baker Hughes Co

19,302,084

131,164

Diamondback Energy, Inc

18,781,373

2,266,518

(a) Permian Resources Corp

28,467,466

461,251

Williams Cos, Inc

26,692,595

TOTAL ENERGY

93,243,518

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 9.6%

82,546

AvalonBay Communities, Inc

14,356,400

172,752

Digital Realty Trust, Inc

29,438,668

104,660

EastGroup Properties, Inc

18,266,310

246,999

Regency Centers Corp

17,030,581

658,151

STAG Industrial, Inc

25,187,439

372,605

Ventas, Inc

27,494,523

840,030

Weyerhaeuser Co

19,320,690

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

151,094,611

FINANCIAL SERVICES - 5.6%

513,706

(a) Jefferies Financial Group, Inc

27,139,088

477,866

(a) OneMain Holdings, Inc

28,284,888

205,437

Raymond James Financial, Inc

32,596,689

TOTAL FINANCIAL SERVICES

88,020,665

FOOD, BEVERAGE & TOBACCO - 1.8%

173,268

McCormick & Co, Inc

11,116,875

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

FOOD, BEVERAGE & TOBACCO

(continued)

763,714

(a) Primo Brands Corp

$

16,778,797

TOTAL FOOD, BEVERAGE & TOBACCO

27,895,672

HEALTH CARE EQUIPMENT & SERVICES - 0.9%

50,343

Humana, Inc

14,004,919

TOTAL HEALTH CARE EQUIPMENT & SERVICES

14,004,919

INSURANCE - 7.9%

158,360

Allstate Corp

30,329,107

290,729

American International Group, Inc

22,955,962

209,177

Arch Capital Group Ltd

18,054,067

519,014

Fidelity National Financial, Inc

28,670,333

340,763

Unum Group

25,018,820

TOTAL INSURANCE

125,028,289

MATERIALS - 4.1%

332,101

DuPont de Nemours, Inc

27,116,047

65,884

Reliance Steel & Aluminum Co

18,607,618

270,305

Westlake Chemical Corp

18,599,687

TOTAL MATERIALS

64,323,352

MEDIA & ENTERTAINMENT - 2.0%

123,068

(b) Take-Two Interactive Software, Inc

31,550,943

TOTAL MEDIA & ENTERTAINMENT

31,550,943

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.8%

238,787

(a),(b)

BioMarin Pharmaceutical, Inc

12,791,820

1,333,319

(a),(b)

Elanco Animal Health, Inc

29,533,016

629,332

(b) Exelixis, Inc

24,336,268

192,517

(a),(b)

Jazz Pharmaceuticals plc

26,498,040

67,151

(a),(b)

United Therapeutics Corp

29,911,070

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

123,070,214

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.4%

158,561

(a) Marvell Technology, Inc

14,863,508

329,781

Microchip Technology, Inc

20,584,930

122,884

(b) MKS Instruments, Inc

17,659,660

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

53,108,098

SOFTWARE & SERVICES - 3.7%

120,571

(a),(b)

Check Point Software Technologies

23,593,333

775,052

Gen Digital, Inc

20,430,371

56,967

(b) VeriSign, Inc

13,660,687

TOTAL SOFTWARE & SERVICES

57,684,391

TECHNOLOGY HARDWARE & EQUIPMENT - 6.4%

138,075

(a),(b)

Ciena Corp

26,223,204

183,259

(a) Crane NXT Co

11,591,132

1,187,109

Hewlett Packard Enterprise Co

28,989,202

220,209

(a) TD SYNNEX Corp

34,460,506

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

101,264,044

UTILITIES - 9.0%

511,369

(a) Alliant Energy Corp

34,169,677

268,932

American Electric Power Co, Inc

32,341,762

298,520

CMS Energy Corp

21,956,146

318,933

Eversource Energy

23,540,445

663,789

FirstEnergy Corp

30,421,450

TOTAL UTILITIES

142,429,480

TOTAL COMMON STOCKS

(Cost $1,229,633,550)

1,572,824,743

TOTAL LONG-TERM INVESTMENTS

(Cost $1,229,633,550)

1,572,824,743

Mid Cap Value

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 6.4%

100,868,585

(c) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(d)

$

100,868,585

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $100,868,585)

100,868,585

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.1%

REPURCHASE AGREEMENT - 0.1%

$

1,503,000

(e) Fixed Income Clearing Corporation

.150

11/03/25

1,503,000

TOTAL REPURCHASE AGREEMENT

1,503,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $1,503,000)

1,503,000

TOTAL INVESTMENTS - 106.4%

(Cost $1,332,005,135)

1,675,196,328

OTHER ASSETS & LIABILITIES, NET - (6.4)%

(100,738,157)

NET ASSETS - 100.0%

$

1,574,458,171

(a) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $106,133,492.

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

(c) Investments made with cash collateral received from securities on loan.

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

(e) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $1,503,520 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

2.125% and maturity date 4/15/29, valued at $1,533,214.

Portfolio of Investments October 31, 2025

Quant Small Cap Equity

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 98.9%

COMMON STOCKS - 98.9%

AUTOMOBILES & COMPONENTS - 1.1%

53,770

(a) Cooper-Standard Holdings, Inc

$

1,624,929

14,110

(a),(b)

Dorman Products, Inc

1,892,574

294,550

(a) Fox Factory Holding Corp

6,512,501

654,780

(a) Garrett Motion, Inc

11,091,973

71,100

(a) Gentherm, Inc

2,616,480

1,421,970

(a) Solid Power, Inc

8,929,972

98,980

Winnebago Industries, Inc

3,732,536

TOTAL AUTOMOBILES & COMPONENTS

36,400,965

BANKS - 9.1%

99,500

(b) Amalgamated Financial Corp

2,712,370

219,360

Ameris Bancorp

15,710,563

504,570

(a),(b)

Associated Banc-Corp

12,498,199

128,740

(a) Axos Financial, Inc

10,039,145

100,760

(a) Bank of Hawaii Corp

6,542,347

245,561

Bank of NT Butterfield & Son Ltd

11,359,652

267,490

Berkshire Hills Bancorp, Inc

6,510,707

283,860

Cadence Bank

10,712,876

136,050

Central Pacific Financial Corp

3,878,785

280,896

(a),(b)

Columbia Banking System, Inc

7,528,013

249,340

(b) ConnectOne Bancorp, Inc

5,999,120

253,190

(a),(b)

Customers Bancorp, Inc

16,994,113

569,220

(a) Eastern Bankshares, Inc

9,978,427

135,940

(a),(b)

First Bancorp

6,598,528

383,820

(a),(b)

First Busey Corp

8,582,215

329,130

(b) First Financial Bancorp

7,704,933

81,510

(a) First Financial Corp

4,346,113

208,010

(b) First Merchants Corp

7,380,195

384,090

(a) Heritage Commerce Corp

3,994,536

155,020

(a) Heritage Financial Corp

3,439,894

205,270

Horizon Bancorp, Inc

3,202,212

97,199

Independent Bank Corp

2,937,354

121,870

(a),(b)

Metropolitan Bank Holding Corp

8,076,325

253,980

(a) National Bank Holdings Corp

9,056,927

296,670

(a) Northwest Bancshares, Inc

3,474,006

264,110

(b) OceanFirst Financial Corp

4,801,520

307,870

(a) OFG Bancorp

11,902,254

67,280

Pathward Financial, Inc

4,579,077

567,135

(a) Provident Financial Services, Inc

10,372,899

144,170

S&T Bancorp, Inc

5,282,389

226,310

Towne Bank

7,357,338

248,810

(a) Trustmark Corp

9,260,708

193,043

(b) UMB Financial Corp

20,632,436

382,013

(a) United Bankshares, Inc

13,672,245

423,771

(a) United Community Banks, Inc

12,374,113

365,210

(a),(b)

WesBanco, Inc

10,992,821

140,190

(a) Westamerica Bancorporation

6,680,053

55,430

(a),(b)

WSFS Financial Corp

2,887,349

TOTAL BANKS

310,052,757

CAPITAL GOODS - 14.8%

2,372,600

(a),(b)

3D Systems Corp

6,785,636

343,220

(a) American Superconductor Corp

20,328,921

449,050

(a),(b)

Array Technologies, Inc

3,888,773

245,640

(a) Astronics Corp

12,080,575

165,330

Atmus Filtration Technologies, Inc

7,519,208

105,370

AZZ, Inc

10,521,194

491,550

(a),(b)

Bloom Energy Corp

64,963,248

226,940

(a) Blue Bird Corp

11,337,922

11,530

(b) Carpenter Technology Corp

3,642,327

Quant Small Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

435,020

(a) Centuri Holdings, Inc

$

8,783,054

3,920

Comfort Systems USA, Inc

3,785,074

163,360

(a) DNOW, Inc

2,401,392

47,210

(a) Dycom Industries, Inc

13,586,566

82,250

ESCO Technologies, Inc

18,051,408

159,030

(a) Federal Signal Corp

18,770,311

110,660

(a) Franklin Electric Co, Inc

10,487,248

18,569

FTAI Aviation Ltd

3,210,580

142,860

(a),(b)

Granite Construction, Inc

14,701,723

79,090

Griffon Corp

5,853,451

422,040

(a) Hillman Solutions Corp

3,891,209

144,480

(a) Leonardo DRS, Inc

5,282,189

28,720

McGrath RentCorp

3,085,677

187,320

(a) Mercury Computer Systems, Inc

14,500,441

60,340

(a) Mueller Industries, Inc

6,388,196

519,240

Mueller Water Products, Inc (Class A)

13,323,698

374,130

(a) Newpark Resources, Inc

4,601,799

382,909

(a),(b)

NEXTracker, Inc

38,758,049

3,672,560

(a),(b)

Plug Power, Inc

9,879,186

113,900

Primoris Services Corp

16,119,128

141,720

(a) Proto Labs, Inc

7,051,987

570,590

(a) Resideo Technologies, Inc

24,421,252

194,570

(a) REV Group, Inc

9,975,604

120,120

(a),(b)

SPX Technologies, Inc

26,893,667

74,530

(a),(b)

Sterling Construction Co, Inc

28,164,887

43,680

(a) Tecnoglass, Inc

2,604,638

214,690

(a) Tutor Perini Corp

14,461,518

143,500

(a) V2X, Inc

8,192,415

9,350

(a) Watts Water Technologies, Inc (Class A)

2,548,810

116,130

(a) Worthington Enterprises, Inc

6,513,732

293,110

(a) Xometry, Inc

14,271,526

53,510

(a),(b)

Zurn Elkay Water Solutions Corp

2,520,856

TOTAL CAPITAL GOODS

504,149,075

COMMERCIAL & PROFESSIONAL SERVICES - 2.7%

137,930

Barrett Business Services, Inc

5,582,027

86,700

(a) CECO Environmental Corp

4,238,763

286,920

(a) ExlService Holdings, Inc

11,218,572

480,400

(a) Healthcare Services Group

8,584,748

114,290

(a) Heidrick & Struggles International, Inc

6,671,107

169,399

(a),(b)

Innodata, Inc

12,638,859

172,430

Interface, Inc

4,293,507

424,590

(a) Legalzoom.com, Inc

4,233,162

327,700

(a) Montrose Environmental Group, Inc

8,480,876

885,770

(a) Planet Labs PBC

11,913,607

567,300

(a),(b)

Upwork, Inc

9,042,762

39,860

(a) Willdan Group, Inc

3,767,169

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

90,665,159

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.7%

184,200

(a) Abercrombie & Fitch Co (Class A)

13,363,710

562,180

(b) American Eagle Outfitters, Inc

9,394,028

155,180

(a) Buckle, Inc

8,503,864

87,070

(a),(b)

Build-A-Bear Workshop, Inc

4,720,936

225,470

(b) Camping World Holdings, Inc

2,967,185

14,180

(a),(b)

Carvana Co

4,346,737

336,880

(a),(b)

GigaCloud Technology, Inc

9,425,903

207,770

(a),(b)

ODP Corp

5,792,628

792,940

(a),(b)

Overstock.com, Inc

6,113,567

1,809,510

(a) Petco Health & Wellness Co, Inc

5,754,242

292,020

(a),(b)

Revolve Group, Inc

6,459,482

56,930

(a),(b)

Urban Outfitters, Inc

3,678,247

119,200

(a),(b)

Victoria's Secret & Co

4,201,800

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

(continued)

446,970

(a) Warby Parker, Inc

$

8,756,142

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

93,478,471

CONSUMER DURABLES & APPAREL - 1.7%

1,035,040

(a) Figs, Inc

7,721,398

163,730

Meritage Homes Corp

11,061,599

1,488,220

(a),(b)

Peloton Interactive, Inc

10,804,477

82,580

(a) Skyline Champion Corp

5,634,433

616,160

(a) Sonos, Inc

10,579,467

157,570

(a) Taylor Morrison Home Corp

9,339,174

68,790

(a) Tri Pointe Homes, Inc

2,190,962

TOTAL CONSUMER DURABLES & APPAREL

57,331,510

CONSUMER SERVICES - 3.0%

783,290

(a) Coursera, Inc

6,595,302

232,260

(a) Frontdoor, Inc

15,429,032

932,220

(a) Genius Sports Ltd

10,496,797

451,650

(a) Laureate Education, Inc

13,111,399

50,800

(a) Monarch Casino & Resort, Inc

4,575,556

289,440

Perdoceo Education Corp

9,192,614

666,720

(a) Rush Street Interactive, Inc

11,307,571

440,320

(a),(b)

Serve Robotics, Inc

5,825,434

73,270

(a) Shake Shack, Inc

7,071,288

67,770

(a) Strategic Education, Inc

5,149,165

23,280

(a) Stride, Inc

1,583,971

616,700

(a),(b)

Super Group SGHC Ltd

6,660,360

174,590

(a) Universal Technical Institute, Inc

5,188,815

TOTAL CONSUMER SERVICES

102,187,304

CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.3%

90,020

(a),(b)

Chefs' Warehouse, Inc

5,311,180

67,210

(a) Sprouts Farmers Market, Inc

5,306,902

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

10,618,082

ENERGY - 5.5%

504,780

Archrock, Inc

12,755,791

367,830

(a) Ardmore Shipping Corp

4,630,980

243,810

California Resources Corp

11,500,518

414,990

(a),(b)

CNX Resources Corp

13,968,563

185,800

(a),(b)

CVR Energy, Inc

6,612,622

433,530

(a) Delek US Holdings, Inc

16,370,093

152,540

(b) Excelerate Energy, Inc

3,952,311

2,654,400

(a),(b)

Gevo, Inc

6,211,296

862,630

(a) Green Plains, Inc

8,867,836

331,620

(b) Liberty Energy, Inc

6,005,638

321,950

(a),(b)

Lightbridge Corp

8,637,918

487,180

Magnolia Oil & Gas Corp

10,942,063

379,520

(a),(b)

NextDecade Corp

2,250,554

423,930

(a) Oceaneering International, Inc

9,873,330

432,189

(a) Par Pacific Holdings, Inc

17,278,916

1,468,350

(a),(b)

Patterson-UTI Energy, Inc

9,206,555

358,960

(b) PBF Energy, Inc

12,265,663

895,790

(a) ProPetro Holding Corp

9,298,300

166,680

(a) Rex American Resources Corp

5,338,760

348,730

(b) SM Energy Co

7,284,970

674,650

(a) Tetra Technologies, Inc

4,763,029

TOTAL ENERGY

188,015,706

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 4.1%

326,230

(a) American Assets Trust, Inc

6,234,255

578,255

Broadstone Net Lease, Inc

10,362,330

418,990

Corporate Office Properties Trust

11,802,948

664,720

Douglas Emmett, Inc

8,601,477

162,740

(a) Easterly Government Properties, Inc

3,518,439

304,940

Essential Properties Realty Trust, Inc

9,111,607

317,370

InvenTrust Properties Corp

8,695,938

632,240

Kite Realty Group Trust

13,997,794

Quant Small Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

(continued)

255,460

(a) LTC Properties, Inc

$

8,961,537

512,970

NETSTREIT Corp

9,551,501

671,200

(a) Paramount Group, Inc

4,389,648

417,820

(c) Phillips Edison & Co, Inc

14,139,029

857,850

RLJ Lodging Trust

5,833,380

332,050

Summit Hotel Properties, Inc

1,706,737

436,600

Tanger Factory Outlet Centers, Inc

14,215,696

495,980

Urban Edge Properties

9,537,695

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

140,660,011

FINANCIAL SERVICES - 5.1%

231,820

(a),(b)

Artisan Partners Asset Management, Inc

10,121,261

1,708,430

BGC Group, Inc

15,615,050

49,870

(a) Dave, Inc

11,934,889

203,290

(a),(b)

Enact Holdings, Inc

7,261,519

188,210

(a),(b)

Encore Capital Group, Inc

7,825,772

66,220

Essent Group Ltd

4,010,946

420,610

(a) Green Dot Corp

4,883,282

200,610

Jackson Financial, Inc

20,223,494

331,370

(a) LendingClub Corp

5,762,524

69,710

(a) LendingTree, Inc

4,461,440

297,020

(a) NCR Corp ATM

10,960,038

346,155

(a) NMI Holdings, Inc

12,610,427

428,680

(a) OppFi, Inc

4,179,630

385,820

(a),(b)

P10, Inc

3,919,931

981,120

(a),(b)

Pagseguro Digital Ltd

9,408,941

1,497,360

(a) Payoneer Global, Inc

8,669,714

370,600

Radian Group, Inc

12,578,164

1,012,380

(a),(b)

Repay Holdings Corp

4,343,110

168,940

(b) Victory Capital Holdings, Inc

10,519,894

20,570

(a) Virtus Investment Partners, Inc

3,349,207

TOTAL FINANCIAL SERVICES

172,639,233

FOOD, BEVERAGE & TOBACCO - 0.5%

136,540

Cal-Maine Foods, Inc

11,988,212

363,020

Dole plc

4,624,875

TOTAL FOOD, BEVERAGE & TOBACCO

16,613,087

HEALTH CARE EQUIPMENT & SERVICES - 6.5%

608,570

(a),(b)

Alignment Healthcare, Inc

10,260,490

393,440

(a) Angiodynamics, Inc

4,733,083

234,070

(a) AtriCure, Inc

8,087,118

755,780

(a) Aveanna Healthcare Holdings, Inc

6,839,809

381,820

(a),(b)

BrightSpring Health Services, Inc

12,619,151

1,146,260

(a) Brookdale Senior Living, Inc

10,625,830

278,440

(a) Castle Biosciences, Inc

7,100,220

479,540

(a) Concentra Group Holdings Parent, Inc

9,552,437

83,540

(a) CryoLife, Inc

3,790,210

286,670

(a),(b)

Enovis Corp

8,955,571

231,130

(a) Fulgent Genetics, Inc

5,188,869

99,580

(a) Guardant Health, Inc

9,262,932

108,822

(a),(b)

Hims & Hers Health, Inc

4,947,048

52,310

(a),(b)

iRhythm Technologies, Inc

9,797,663

603,610

(a),(b)

LifeMD, Inc

3,567,335

1,352,020

(a) LifeStance Health Group, Inc

6,624,898

208,220

(a) LivaNova plc

10,958,619

706,360

(a),(b)

Neogen Corp

4,358,241

634,670

(a),(b)

Novocure Ltd

8,130,123

173,990

(a) Omnicell, Inc

5,840,844

295,880

(a),(b)

Option Care Health, Inc

7,701,756

534,150

(a) Pediatrix Medical Group, Inc

9,064,526

256,310

(a) Pennant Group, Inc

6,338,546

289,700

(a) Phreesia, Inc

6,558,808

133,270

(a) Privia Health Group, Inc

3,238,461

399,610

(a) Progyny, Inc

7,476,703

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

HEALTH CARE EQUIPMENT & SERVICES

(continued)

355,260

(a),(b)

Schrodinger, Inc

$

7,474,670

609,170

(a) Select Medical Holdings Corp

8,424,821

334,990

(a),(b)

Tandem Diabetes Care, Inc

4,689,860

1,025,530

(a) Teladoc Health, Inc

8,850,324

TOTAL HEALTH CARE EQUIPMENT & SERVICES

221,058,966

HOUSEHOLD & PERSONAL PRODUCTS - 0.1%

86,150

(a) BellRing Brands, Inc

2,595,700

63,220

(a) USANA Health Sciences, Inc

1,337,103

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

3,932,803

INSURANCE - 1.1%

406,540

(a),(b)

Fidelis Insurance Holdings Ltd

7,309,589

365,950

(a) Hamilton Insurance Group Ltd

8,662,036

173,220

(a),(b)

Kingstone Cos, Inc

2,525,548

39,950

(a) Palomar Holdings, Inc

4,554,700

447,350

(a),(b)

Slide Insurance Holdings, Inc

7,153,127

188,210

(a) Universal Insurance Holdings, Inc

5,800,632

TOTAL INSURANCE

36,005,632

MATERIALS - 4.3%

1,406,240

(a),(b)

Ardagh Metal Packaging S.A.

5,020,277

290,200

Avient Corp

9,306,714

88,170

(a) Balchem Corp

13,524,396

1,673,152

(a) Coeur Mining, Inc

28,728,020

175,580

(b) Commercial Metals Co

10,422,429

694,290

(a) Constellium SE

10,921,182

438,740

(a),(b)

Critical Metals Corp

5,677,295

964,310

Hecla Mining Co

12,410,670

47,920

(b) Innospec, Inc

3,525,954

91,140

(a) Intrepid Potash, Inc

2,427,058

84,454

Olympic Steel, Inc

3,124,798

410,350

(a) Schweitzer-Mauduit International, Inc

4,382,538

117,500

Sensient Technologies Corp

11,079,075

727,610

(a) SSR Mining, Inc

16,414,882

217,380

(a),(b)

Trimas Corp

7,723,511

TOTAL MATERIALS

144,688,799

MEDIA & ENTERTAINMENT - 1.6%

64,530

(a) Atlanta Braves Holdings, Inc

2,627,661

86,260

(a),(b)

Cargurus, Inc

3,029,451

308,640

(a) EverQuote, Inc

6,648,106

561,870

(a),(b)

Grindr, Inc

7,787,518

766,960

(a),(b)

Integral Ad Science Holding Corp

7,830,662

214,900

(a) Madison Square Garden Entertainment Corp

9,489,984

533,580

(a),(b)

Magnite, Inc

9,540,410

393,780

(a) QuinStreet, Inc

5,824,006

46,770

(a),(b)

Sphere Entertainment Co

3,202,810

TOTAL MEDIA & ENTERTAINMENT

55,980,608

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 11.9%

459,920

(a) Acadia Pharmaceuticals, Inc

10,440,184

797,460

(a) Adaptive Biotechnologies Corp

13,843,905

737,450

(a),(b)

ADMA Biologics, Inc

11,415,726

1,607,700

(a),(b)

Akebia Therapeutics, Inc

3,553,017

265,490

(a) Alkermes plc

8,150,543

1,327,710

(a),(b)

Amicus Therapeutics, Inc

11,989,221

905,340

(a) Amneal Pharmaceuticals, Inc

9,795,779

271,390

(a) AnaptysBio, Inc

9,927,446

27,380

(a) ANI Pharmaceuticals, Inc

2,480,628

543,290

(a) Arcutis Biotherapeutics, Inc

13,750,670

1,638,950

(a),(b)

Ardelyx, Inc

9,932,037

306,130

(a),(b)

Avadel Pharmaceuticals plc

5,782,796

1,019,460

(a) BioCryst Pharmaceuticals, Inc

7,462,447

222,680

(a) Brooks Automation, Inc

6,724,936

303,840

(a),(b)

ChromaDex Corp

2,290,954

331,370

(a) Cogent Biosciences, Inc

5,401,331

Quant Small Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

726,140

(a),(b)

Dynavax Technologies Corp

$

7,450,196

1,690,250

(a) Editas Medicine, Inc

5,205,970

3,042,480

(a),(b)

Esperion Thereapeutics, Inc

9,036,166

370,450

(a),(b)

Evolus, Inc

2,393,107

770,730

(a) Fortrea Holdings, Inc

8,061,836

196,470

(a),(b)

Ideaya Biosciences, Inc

6,259,534

244,310

(a),(b)

Indivior plc

7,175,385

115,310

(a),(b)

Insmed, Inc

21,862,776

21,090

(a),(b)

Madrigal Pharmaceuticals, Inc

8,834,601

1,539,440

(a),(b)

MannKind Corp

8,605,470

131,910

(a),(b)

Mirum Pharmaceuticals, Inc

9,583,261

407,680

(a) Myriad Genetics, Inc

3,277,747

2,312,600

(a),(b)

Nuvation Bio, Inc

12,071,772

154,690

(a) Pacira BioSciences, Inc

3,307,272

750,960

(a),(b)

Perspective Therapeutics, Inc

2,050,121

183,304

Phibro Animal Health Corp

7,709,766

657,770

(a),(b)

Prothena Corp plc

7,071,027

262,230

(a),(b)

PTC Therapeutics, Inc

17,912,931

902,360

(a),(b)

Recursion Pharmaceuticals, Inc

4,981,027

473,770

(a) REGENXBIO, Inc

6,050,043

183,070

(a) Supernus Pharmaceuticals, Inc

10,092,649

523,250

(a),(b)

Syndax Pharmaceuticals, Inc

7,168,525

582,231

(a),(b)

Tango Therapeutics, Inc

4,721,893

149,610

(a) Tarsus Pharmaceuticals, Inc

10,294,664

725,784

(a),(b)

Terns Pharmaceuticals, Inc

5,994,976

342,810

(a),(b)

TG Therapeutics, Inc

11,922,932

439,080

(a),(b)

Travere Therapeutics, Inc

15,438,053

278,620

(a),(b)

Twist Bioscience Corp

9,163,812

393,210

(a),(b)

UroGen Pharma Ltd

8,049,009

80,620

(a) Veracyte, Inc

2,908,770

211,020

(a),(b)

Viridian Therapeutics, Inc

4,986,403

1,234,160

(a),(b)

Xeris Biopharma Holdings, Inc

11,971,352

423,530

(a) Zymeworks, Inc

8,083,070

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

402,637,736

REAL ESTATE MANAGEMENT & DEVELOPMENT - 1.2%

1,483,250

(a),(b)

Compass, Inc

11,435,857

840,840

(a),(b)

Cushman & Wakefield plc

13,201,188

648,790

Kennedy-Wilson Holdings, Inc

4,904,852

662,820

(a) Newmark Group, Inc

11,818,081

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

41,359,978

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.6%

151,750

(a) Ambarella, Inc

12,933,652

195,990

(a) Credo Technology Group Holding Ltd

36,771,644

183,260

(a),(b)

Ichor Holdings Ltd

4,156,337

300,800

(a),(b)

Rambus, Inc

30,934,272

232,240

(a),(b)

Rigetti Computing, Inc

10,281,265

216,810

(a),(b)

Semtech Corp

14,712,727

468,460

(a),(b)

SkyWater Technology, Inc

8,191,023

127,880

(a) Veeco Instruments, Inc

3,676,550

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

121,657,470

SOFTWARE & SERVICES - 6.2%

576,020

(a) Amplitude, Inc

5,789,001

271,820

(a) Appian Corp

8,135,572

360,870

(a) Arteris, Inc

4,911,441

578,880

(a),(b)

Asana, Inc

8,133,264

575,030

(a) AvePoint, Inc

8,090,672

134,240

(a) Blackbaud, Inc

8,596,730

103,920

(a) Box, Inc

3,334,793

364,320

(a) Braze, Inc

10,441,411

406,980

(a),(b)

Cerence, Inc

4,366,895

295,240

(a) Cleanspark, Inc

5,255,272

448,330

(a) Clearwater Analytics Holdings, Inc

8,253,755

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

SOFTWARE & SERVICES

(continued)

85,260

(a) Commvault Systems, Inc

$

11,869,897

105,210

(a),(b)

D-Wave Quantum, Inc

3,899,083

758,820

(a) Fastly, Inc

6,290,618

281,020

(a) Five9, Inc

6,823,166

691,290

(a) Freshworks, Inc

7,673,319

250,540

(a) Intapp, Inc

9,615,725

799,820

(a),(b)

Jamf Holding Corp

10,277,687

409,410

(a),(b)

Pagaya Technologies Ltd

11,009,035

515,520

(a),(b)

Porch Group, Inc

7,758,576

343,860

(a) PROS Holdings, Inc

7,925,973

319,000

(a) Rapid7, Inc

5,904,690

357,830

(a) Sprout Social, Inc

3,674,914

85,190

(a) SPS Commerce, Inc

7,006,026

346,820

(a) Tenable Holdings, Inc

10,064,716

181,090

(a),(b)

TSS, Inc

3,668,883

126,330

(a),(b)

Varonis Systems, Inc

4,450,606

485,080

(a) Weave Communications, Inc

3,594,443

685,910

(a),(b)

Zeta Global Holdings Corp

12,339,521

TOTAL SOFTWARE & SERVICES

209,155,684

TECHNOLOGY HARDWARE & EQUIPMENT - 6.1%

1,225,010

(a) CommScope Holding Co, Inc

21,192,673

154,380

(a),(b)

Diebold Nixdorf, Inc

9,131,577

124,340

(a) ePlus, Inc

9,096,714

589,680

(a) Extreme Networks, Inc

11,215,713

57,110

(a),(b)

Fabrinet

25,160,953

111,720

(a),(b)

IonQ, Inc

6,969,094

268,670

(a),(b)

Knowles Corp

6,343,299

393,450

(a) Netscout Systems, Inc

10,937,910

30,103

(a) OSI Systems, Inc

8,382,481

320,260

(a),(b)

Quantum Computing, Inc

5,351,545

251,521

(a) Sanmina Corp

34,470,953

177,690

(a) Scansource, Inc

7,623,789

78,250

(a) Super Micro Computer, Inc

4,065,870

321,680

(a) TTM Technologies, Inc

21,616,896

344,250

(a),(b)

Viasat, Inc

13,708,035

634,300

Vishay Intertechnology, Inc

10,770,414

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

206,037,916

TELECOMMUNICATION SERVICES - 1.0%

260,680

(a) Bandwidth, Inc

4,209,982

124,620

(a),(b)

IDT Corp

6,313,249

2,278,660

(a) Lumen Technologies, Inc

23,424,625

TOTAL TELECOMMUNICATION SERVICES

33,947,856

TRANSPORTATION - 1.4%

114,080

(a),(b)

Allegiant Travel Co

7,093,494

373,200

(a) Costamare, Inc

4,560,504

191,630

(a) Forward Air Corp

3,604,560

228,218

(a) Hub Group, Inc (Class A)

8,405,269

29,120

(a) Matson, Inc

2,939,664

210,810

(a) Skywest, Inc

21,182,189

TOTAL TRANSPORTATION

47,785,680

UTILITIES - 3.3%

34,740

(a),(b)

American States Water Co

2,477,309

261,240

(a) Avista Corp

9,940,182

221,378

(b) Black Hills Corp

14,042,006

284,699

(a),(b)

Brookfield Infrastructure Corp

12,899,712

232,020

(a) California Water Service Group

10,297,048

843,670

(a) Hawaiian Electric Industries, Inc

9,803,445

215,470

(a) NorthWestern Corp

12,857,095

351,110

Portland General Electric Co

16,038,705

73,670

Southwest Gas Holdings Inc

5,856,765

180,770

(b) Spire, Inc

15,618,528

Quant Small Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

Investments in Derivatives

SHARES

DESCRIPTION

VALUE

UTILITIES

(continued)

66,280

(a) Unitil Corp

$

3,231,150

TOTAL UTILITIES

113,061,945

TOTAL COMMON STOCKS

(Cost $2,546,279,417)

3,360,122,433

SHARES

DESCRIPTION

EXPIRATION

DATE

VALUE

RIGHTS/WARRANTS - 0.0%

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%

159,976

(d) Eli Lilly & Co

12/31/49

100,785

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

100,785

TOTAL RIGHTS/WARRANTS

(Cost $100,785)

100,785

TOTAL LONG-TERM INVESTMENTS

(Cost $2,546,380,202)

3,360,223,218

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 8.7%

295,561,549

(e) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(f)

295,561,549

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $295,561,549)

295,561,549

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.7%

GOVERNMENT AGENCY DEBT - 0.2%

$

5,000,000

Federal Farm Credit Discount Notes

.000

12/23/25

4,972,028

TOTAL GOVERNMENT AGENCY DEBT

4,972,028

REPURCHASE AGREEMENT - 0.5%

18,202,000

(g) Fixed Income Clearing Corporation

.150

11/03/25

18,202,000

TOTAL REPURCHASE AGREEMENT

18,202,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $23,173,689)

23,174,028

TOTAL INVESTMENTS - 108.3%

(Cost $2,865,115,440)

3,678,958,795

OTHER ASSETS & LIABILITIES, NET - (8.3)%

(283,335,872)

NET ASSETS - 100.0%

$

3,395,622,923

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $315,343,525.

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

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

(e) Investments made with cash collateral received from securities on loan.

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

(g) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $18,208,295 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

1.875% and maturity date 7/15/34, valued at $18,566,114.

Futures Contracts - Long

Description

Number of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

Russell 2000 E-Mini Index

12/19/25

$

28,268,286

$

28,384,860

$

116,574

Portfolio of Investments October 31, 2025

Quant Small/Mid Cap Equity

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.5%

COMMON STOCKS - 97.7%

AUTOMOBILES & COMPONENTS - 1.2%

242,300

(a) Adient plc

$

5,618,937

797,190

(a) American Axle & Manufacturing Holdings, Inc

4,942,578

136,740

(a) BorgWarner, Inc

5,874,350

379,470

(a) Garrett Motion, Inc

6,428,222

TOTAL AUTOMOBILES & COMPONENTS

22,864,087

BANKS - 5.7%

91,896

Ameris Bancorp

6,581,591

35,000

(a) Bank of Hawaii Corp

2,272,550

127,814

Bank of NT Butterfield & Son Ltd

5,912,676

144,295

(a) BankUnited, Inc

5,783,344

150,321

Berkshire Hills Bancorp, Inc

3,658,813

345,708

(a) Capitol Federal Financial, Inc

2,088,076

73,779

Cathay General Bancorp

3,353,255

97,856

Central Pacific Financial Corp

2,789,875

66,949

(a) Columbia Banking System, Inc

1,794,233

85,808

(a) Customers Bancorp, Inc

5,759,433

36,435

East West Bancorp, Inc

3,701,796

82,367

Enterprise Financial Services Corp

4,313,560

59,570

(a) FB Financial Corp

3,217,376

282,180

First BanCorp

5,499,688

134,931

(a) First Financial Bankshares, Inc

4,168,019

152,105

(a) First Hawaiian, Inc

3,731,136

311,320

First Horizon National Corp

6,649,795

262,460

(a) FNB Corp

4,125,871

80,330

Hancock Whitney Corp

4,587,646

39,870

(a) Hilltop Holdings, Inc

1,287,801

211,460

Home Bancshares, Inc

5,648,097

136,833

(a) National Bank Holdings Corp

4,879,465

118,922

(a) OFG Bancorp

4,597,524

42,290

(a) SOUTHSTATE BANK CORP

3,749,008

114,800

Webster Financial Corp

6,548,192

74,241

(a) Westamerica Bancorporation

3,537,584

TOTAL BANKS

110,236,404

CAPITAL GOODS - 18.1%

622,460

(a) 3D Systems Corp

1,780,236

18,560

Acuity Brands, Inc

6,775,328

66,962

(a) Albany International Corp (Class A)

3,788,710

54,870

(a) Allegheny Technologies, Inc

5,430,484

66,370

Allegion plc

11,002,155

38,110

Allison Transmission Holdings, Inc

3,145,980

119,380

(a) American Superconductor Corp

7,070,877

280,240

(a) API Group Corp

10,318,437

32,848

Applied Industrial Technologies, Inc

8,444,892

40,440

(a) Armstrong World Industries, Inc

7,700,989

208,600

(a),(b)

Array Technologies, Inc

1,806,476

58,620

(a) Astronics Corp

2,882,932

66,700

Atmus Filtration Technologies, Inc

3,033,516

74,590

(a) Bloom Energy Corp

9,857,814

34,960

BWX Technologies, Inc

7,467,806

40,268

Carpenter Technology Corp

12,720,661

16,784

Comfort Systems USA, Inc

16,206,295

49,446

Crane Co

9,394,740

26,911

Curtiss-Wright Corp

16,031,690

278,572

(a) DNOW, Inc

4,095,008

25,963

EMCOR Group, Inc

17,545,276

52,760

EnerSys

6,656,202

24,877

Esab Corp

2,906,131

36,140

ESCO Technologies, Inc

7,931,646

Quant Small/Mid Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

65,501

(a) Federal Signal Corp

$

7,731,083

132,894

Flowserve Corp

9,070,015

65,210

(a) Franklin Electric Co, Inc

6,179,952

49,643

(a) Gibraltar Industries, Inc

3,097,227

185,110

(a) Hayward Holdings, Inc

3,141,317

118,040

(a) Helios Technologies, Inc

6,534,694

127,810

Hillenbrand, Inc

4,038,796

65,241

ITT, Inc

12,074,152

124,830

(a) Leonardo DRS, Inc

4,563,785

21,510

Lincoln Electric Holdings, Inc

5,043,020

24,870

(a) Mastec, Inc

5,077,459

343,985

(a) MRC Global, Inc

4,798,591

73,420

(a) Mueller Industries, Inc

7,772,975

81,500

Mueller Water Products, Inc (Class A)

2,091,290

12,800

(a) MYR Group, Inc

2,786,560

120,422

nVent Electric plc

13,770,256

32,445

Oshkosh Corp

4,000,144

112,010

Primoris Services Corp

15,851,655

43,050

(a) REV Group, Inc

2,207,174

57,700

(a) Rocket Lab Corp

3,633,946

138,890

(a) Spirit Aerosystems Holdings, Inc (Class A)

5,095,874

44,483

(a) SPX Technologies, Inc

9,959,299

203,400

(a) StandardAero, Inc

5,876,226

28,330

(a) Tennant Co

2,266,400

46,630

Toro Co

3,484,660

122,160

Trinity Industries, Inc

3,343,519

70,190

(a) Tutor Perini Corp

4,727,998

90,723

(a) V2X, Inc

5,179,376

19,790

WESCO International, Inc

5,136,099

TOTAL CAPITAL GOODS

352,527,823

COMMERCIAL & PROFESSIONAL SERVICES - 2.6%

277,754

(a) ACV Auctions, Inc

2,519,229

55,280

(a) Cimpress plc

3,825,929

78,580

(a) Concentrix Corp

3,167,560

159,911

(a) ExlService Holdings, Inc

6,252,520

93,570

(a) Insperity, Inc

4,128,308

190,020

(a) Legalzoom.com, Inc

1,894,499

60,450

(a) MAXIMUS, Inc

5,024,604

156,080

(a) OPENLANE, Inc

4,123,633

297,080

(a) Planet Labs PBC

3,995,726

78,890

TriNet Group, Inc

4,733,400

378,723

(a) Upwork, Inc

6,036,845

237,500

(a) Verra Mobility Corp

5,512,375

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

51,214,628

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 3.8%

388,180

American Eagle Outfitters, Inc

6,486,488

15,820

(a) Asbury Automotive Group, Inc

3,711,372

215,490

Bath & Body Works, Inc

5,275,195

105,240

(a) Etsy, Inc

6,524,880

43,070

(a) Five Below, Inc

6,773,619

24,490

Lithia Motors, Inc (Class A)

7,691,819

342,340

Macy's, Inc

6,672,206

541,860

(a) Overstock.com, Inc

4,177,741

861,270

(a) Petco Health & Wellness Co, Inc

2,738,839

510,560

(a) RealReal, Inc

6,233,938

129,920

(a) Revolve Group, Inc

2,873,830

72,023

(a) Sonic Automotive, Inc (Class A)

4,575,621

328,420

(a) ThredUp, Inc

2,886,812

196,770

(a) Upbound Group, Inc

3,813,403

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

(continued)

130,357

(a) Valvoline, Inc

$

4,303,084

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

74,738,847

CONSUMER DURABLES & APPAREL - 2.4%

179,860

(a) Amer Sports, Inc

5,617,028

115,000

Hasbro, Inc

8,775,650

49,996

Kontoor Brands, Inc

4,045,676

494,790

(a) Peloton Interactive, Inc

3,592,175

62,150

(a) Skyline Champion Corp

4,240,495

139,400

Tapestry, Inc

15,308,908

64,310

(a) Taylor Morrison Home Corp

3,811,654

18,620

Tempur Sealy International, Inc

1,477,311

TOTAL CONSUMER DURABLES & APPAREL

46,868,897

CONSUMER SERVICES - 3.8%

771,384

ADT, Inc

6,819,035

205,580

Aramark

7,787,370

394,390

(a) Bloomin' Brands, Inc

2,693,684

49,550

(a) Bright Horizons Family Solutions, Inc

5,412,346

108,230

(a) Coursera, Inc

911,297

105,920

H&R Block, Inc

5,268,461

197,881

(a) International Game Technology plc

3,296,697

250,801

(a) Laureate Education, Inc

7,280,753

103,470

(a) Life Time Group Holdings, Inc

2,558,813

187,100

(a) OneSpaWorld Holdings Ltd

4,353,817

35,800

(a) Papa John's International, Inc

1,818,998

157,060

Perdoceo Education Corp

4,988,226

43,620

Red Rock Resorts, Inc

2,325,382

404,350

(a) Rush Street Interactive, Inc

6,857,776

48,241

(a) Strategic Education, Inc

3,665,351

10,720

(a) Stride, Inc

729,389

351,610

(a) Super Group SGHC Ltd

3,797,388

291,291

(b) Wendy's Co

2,487,625

TOTAL CONSUMER SERVICES

73,052,408

CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.3%

90,229

(a) Chefs' Warehouse, Inc

5,323,511

21,231

(a) Performance Food Group Co

2,053,887

41,020

(a) Sprouts Farmers Market, Inc

3,238,939

268,300

(a) United Natural Foods, Inc

10,101,495

70,846

(a) US Foods Holding Corp

5,144,837

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

25,862,669

ENERGY - 3.5%

170,920

(a) APA Corp

3,871,338

76,500

Archrock, Inc

1,933,155

82,910

California Resources Corp

3,910,865

49,610

Chord Energy Corp

4,500,619

52,700

Civitas Resources, Inc

1,519,341

223,010

(a) DHT Holdings, Inc

2,961,573

67,540

EQT Corp

3,618,793

177,530

HF Sinclair Corp

9,160,548

222,250

Magnolia Oil & Gas Corp

4,991,735

94,437

(a) Par Pacific Holdings, Inc

3,775,591

772,950

(a) Patterson-UTI Energy, Inc

4,846,397

180,880

PBF Energy, Inc

6,180,670

295,940

TechnipFMC plc

12,237,119

45,490

Weatherford International plc

3,352,158

78,999

World Fuel Services Corp

2,042,124

TOTAL ENERGY

68,902,026

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 5.1%

88,520

Agree Realty Corp

6,462,845

121,509

(a) Alexander & Baldwin, Inc

1,940,499

99,454

(a) American Assets Trust, Inc

1,900,566

136,384

American Homes 4 Rent

4,309,735

281,565

Brixmor Property Group, Inc

7,365,741

Quant Small/Mid Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

(continued)

325,360

Broadstone Net Lease, Inc

$

5,830,451

144,260

Corporate Office Properties Trust

4,063,804

158,020

CubeSmart

5,952,613

47,228

Essential Properties Realty Trust, Inc

1,411,173

136,936

First Industrial Realty Trust, Inc

7,569,822

64,320

Gaming and Leisure Properties, Inc

2,872,531

68,100

Getty Realty Corp

1,867,983

121,670

InvenTrust Properties Corp

3,333,758

207,340

Kimco Realty Corp

4,283,644

189,461

Kite Realty Group Trust

4,194,667

251,501

Mack-Cali Realty Corp

3,611,554

152,500

(a) Millrose Properties, Inc

4,912,025

263,990

NETSTREIT Corp

4,915,494

122,756

Regency Centers Corp

8,464,026

237,984

Sabra Health Care REIT, Inc

4,240,875

207,880

SITE Centers Corp

1,523,760

145,010

Tanger Factory Outlet Centers, Inc

4,721,526

267,660

Washington REIT

4,403,007

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

100,152,099

FINANCIAL SERVICES - 7.2%

47,550

(a) Affirm Holdings, Inc

3,417,894

156,579

(a) Brightsphere Investment Group, Inc

7,531,450

179,872

(a) Cannae Holdings, Inc

3,216,111

191,562

Corebridge Financial, Inc

6,237,259

87,240

(a) Enact Holdings, Inc

3,116,213

11,000

(a) Enova International, Inc

1,315,270

7,830

(a) Federal Agricultural Mortgage Corp

1,242,151

301,910

(a) Flywire Corp

4,021,441

275,130

Invesco Ltd

6,520,581

151,590

Janus Henderson Group plc

6,603,261

252,850

(a) LendingClub Corp

4,397,062

30,740

MarketAxess Holdings, Inc

4,920,244

136,310

MGIC Investment Corp

3,737,620

133,692

(a) NMI Holdings, Inc

4,870,400

680,386

(a) Payoneer Global, Inc

3,939,435

107,230

PROG Holdings, Inc

3,102,164

325,750

(a) Remitly Global, Inc

5,225,030

148,150

(a) Rithm Capital Corp

1,625,206

48,150

(a) Robinhood Markets, Inc

7,067,457

818,630

(a) SoFi Technologies, Inc

24,296,939

66,383

StepStone Group, Inc

4,041,397

71,003

(a) StoneX Group, Inc

6,526,596

111,320

(a),(b)

Upstart Holdings, Inc

5,289,926

60,564

Victory Capital Holdings, Inc

3,771,320

128,729

Virtu Financial, Inc

4,484,918

47,780

Voya Financial, Inc

3,557,699

480,040

(b) WisdomTree, Inc

5,741,278

TOTAL FINANCIAL SERVICES

139,816,322

FOOD, BEVERAGE & TOBACCO - 0.6%

60,600

(a) Celsius Holdings, Inc

3,649,938

303,090

Dole plc

3,861,367

226,470

(a) Smithfield Foods, Inc

5,018,575

TOTAL FOOD, BEVERAGE & TOBACCO

12,529,880

HEALTH CARE EQUIPMENT & SERVICES - 4.3%

1,084,199

(a) agilon health, Inc

863,564

376,690

(a) Alignment Healthcare, Inc

6,350,993

355,710

(a) Alphatec Holdings, Inc

6,754,933

59,911

(a) AtriCure, Inc

2,069,925

292,470

(a) BrightSpring Health Services, Inc

9,666,133

105,800

(a) Doximity, Inc

6,982,800

39,970

Encompass Health Corp

4,550,585

178,140

(a) Enovis Corp

5,565,094

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

HEALTH CARE EQUIPMENT & SERVICES

(continued)

198,190

(a) LifeMD, Inc

$

1,171,303

114,552

(a) LivaNova plc

6,028,872

133,380

(a) Novocure Ltd

1,708,598

175,860

(a) Option Care Health, Inc

4,577,636

119,660

(a) Pediatrix Medical Group, Inc

2,030,630

154,621

(a) Phreesia, Inc

3,500,619

179,254

(a) Privia Health Group, Inc

4,355,872

186,780

(a) Progyny, Inc

3,494,654

555,620

(a) Teladoc Health, Inc

4,795,001

48,400

(a) Tenet Healthcare Corp

9,994,116

TOTAL HEALTH CARE EQUIPMENT & SERVICES

84,461,328

HOUSEHOLD & PERSONAL PRODUCTS - 0.5%

114,935

(a) BellRing Brands, Inc

3,462,991

219,290

(a) Reynolds Consumer Products, Inc

5,359,448

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

8,822,439

INSURANCE - 2.7%

82,279

Axis Capital Holdings Ltd

7,706,251

160,920

(a) CNO Financial Group, Inc

6,440,018

233,540

(a) Hamilton Insurance Group Ltd

5,527,892

36,440

Kemper Corp

1,639,436

84,010

(a) Mercury General Corp

6,493,973

213,300

Old Republic International Corp

8,416,818

155,705

(a) Oscar Health, Inc

2,802,690

21,620

Primerica, Inc

5,618,389

9,619

Reinsurance Group of America, Inc (Class A)

1,755,083

70,543

Selective Insurance Group, Inc

5,314,710

TOTAL INSURANCE

51,715,260

MATERIALS - 3.7%

145,450

Avient Corp

4,664,581

41,700

(a) Balchem Corp

6,396,363

735,370

(a) Coeur Mining, Inc

12,626,303

395,869

(a) Constellium SE

6,227,019

33,820

Crown Holdings, Inc

3,286,628

195,430

Element Solutions, Inc

5,221,890

445,690

Hecla Mining Co

5,736,030

24,410

Innospec, Inc

1,796,088

16,080

Materion Corp

1,843,250

60,686

Minerals Technologies, Inc

3,443,931

267,440

Mosaic Co

7,341,228

225,900

(a) NioCorp Developments Ltd

1,664,883

11,032

Royal Gold, Inc

1,928,283

260,410

(a) SSR Mining, Inc

5,874,850

95,340

(a) Trimas Corp

3,387,430

TOTAL MATERIALS

71,438,757

MEDIA & ENTERTAINMENT - 1.8%

88,860

(a) Cargurus, Inc

3,120,763

110,730

(a) EverQuote, Inc

2,385,124

209,908

(a) Integral Ad Science Holding Corp

2,143,161

98,830

(a) Madison Square Garden Entertainment Corp

4,364,333

266,730

(a) Magnite, Inc

4,769,132

269,570

(a) MediaAlpha, Inc

3,437,017

150,070

News Corp (Class A)

3,976,855

97,350

(a) Roku, Inc

10,331,756

TOTAL MEDIA & ENTERTAINMENT

34,528,141

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.1%

296,570

(a) ADMA Biologics, Inc

4,590,904

180,370

(a) Alkermes plc

5,537,359

786,470

(a) Amicus Therapeutics, Inc

7,101,824

517,710

(a) Amneal Pharmaceuticals, Inc

5,601,622

221,450

(a) Apellis Pharmaceuticals, Inc

4,754,532

159,890

(a) Arcutis Biotherapeutics, Inc

4,046,816

807,490

(a) Ardelyx, Inc

4,893,390

Quant Small/Mid Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

644,720

(a) BioCryst Pharmaceuticals, Inc

$

4,719,350

149,230

(a) Brooks Automation, Inc

4,506,746

164,383

(a) Exact Sciences Corp

10,633,936

115,303

(a) Exelixis, Inc

4,458,767

531,350

(a) Fortrea Holdings, Inc

5,557,921

140,101

(a) Halozyme Therapeutics, Inc

9,133,184

241,660

(a) Innoviva, Inc

4,398,212

6,970

(a) Medpace Holdings, Inc

4,076,823

40,520

(a) Mirum Pharmaceuticals, Inc

2,943,778

30,367

(a) Natera, Inc

6,040,907

136,857

(a) PTC Therapeutics, Inc

9,348,702

167,325

(a),(b)

QIAGEN NV

7,839,176

395,690

(a) Roivant Sciences Ltd

7,909,843

277,020

(a) Syndax Pharmaceuticals, Inc

3,795,174

197,770

(a) Travere Therapeutics, Inc

6,953,593

105,970

(a) Twist Bioscience Corp

3,485,353

175,790

(a) Ultragenyx Pharmaceutical, Inc

6,082,334

160,492

(a) Veracyte, Inc

5,790,551

953,880

Viatris, Inc

9,882,197

445,910

(a) Xeris Biopharma Holdings, Inc

4,325,327

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

158,408,321

REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.9%

1,032,710

(a) Compass, Inc

7,962,194

394,954

(b) eXp World Holdings, Inc

4,044,329

295,980

(a) Newmark Group, Inc

5,277,323

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

17,283,846

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.7%

67,990

(a) Ambarella, Inc

5,794,788

247,220

(a) Amkor Technology, Inc

7,980,262

123,792

(a) Credo Technology Group Holding Ltd

23,225,855

32,650

(a) MACOM Technology Solutions Holdings, Inc

4,836,444

47,900

Power Integrations, Inc

2,006,531

93,650

(a) Rambus, Inc

9,630,966

318,330

(a) Rigetti Computing, Inc

14,092,469

66,040

(a) Semtech Corp

4,481,474

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

72,048,789

SOFTWARE & SERVICES - 6.2%

119,900

(a) ACI Worldwide, Inc

5,710,837

78,070

Amdocs Ltd

6,578,178

370,360

(a) Amplitude, Inc

3,722,118

113,650

(a) Appian Corp

3,401,544

171,980

(a) Box, Inc

5,518,838

119,600

(a) Cleanspark, Inc

2,128,880

191,323

Clear Secure, Inc

5,829,612

226,850

(a) Confluent, Inc

5,301,484

119,140

(a),(b)

D-Wave Quantum, Inc

4,415,328

86,550

(a) Elastic NV

7,721,991

443,070

(a) Fastly, Inc

3,673,050

65,590

(a) Five9, Inc

1,592,525

282,570

(a) Freshworks, Inc

3,136,527

63,490

(a) Gitlab, Inc

3,095,138

344,170

(a) Jamf Holding Corp

4,422,585

33,172

(a) Manhattan Associates, Inc

6,039,626

248,410

(a) Pagaya Technologies Ltd

6,679,745

83,090

Pegasystems, Inc

5,288,679

194,150

(a) RingCentral, Inc

5,847,798

144,494

(a) SentinelOne, Inc

2,579,218

380,000

(a) Sprinklr, Inc

2,933,600

24,917

(a) SPS Commerce, Inc

2,049,174

172,980

(a) Tenable Holdings, Inc

5,019,880

515,110

(a) UiPath, Inc

8,169,645

219,050

(a) Unity Software, Inc

8,301,995

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

SOFTWARE & SERVICES

(continued)

28,620

(a) Workiva, Inc

$

2,432,986

TOTAL SOFTWARE & SERVICES

121,590,981

TECHNOLOGY HARDWARE & EQUIPMENT - 6.5%

105,506

(a) Calix, Inc

7,218,720

123,410

Cognex Corp

5,107,940

526,210

(a) CommScope Holding Co, Inc

9,103,433

241,888

(a) Extreme Networks, Inc

4,600,710

15,041

(a) Fabrinet

6,626,613

179,928

(a) IonQ, Inc

11,223,909

29,000

Jabil Inc

6,405,810

26,120

(a) Littelfuse, Inc

6,355,257

345,190

(a) Mirion Technologies, Inc

10,138,230

204,260

(a) Ouster, Inc

6,814,114

40,790

(a) Plexus Corp

5,706,521

28,380

(a) SanDisk Corp

5,656,985

75,774

(a) Sanmina Corp

10,384,827

190,160

(a) TTM Technologies, Inc

12,778,752

221,830

(a) Viasat, Inc

8,833,271

264,029

Vishay Intertechnology, Inc

4,483,212

123,840

Vontier Corp

4,767,840

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

126,206,144

TELECOMMUNICATION SERVICES - 0.3%

41,763

(a),(c)

GCI Liberty, Inc

80,310

Iridium Communications, Inc

1,537,936

328,540

(a) Liberty Global Ltd

3,613,940

TOTAL TELECOMMUNICATION SERVICES

5,152,294

TRANSPORTATION - 1.5%

85,040

CH Robinson Worldwide, Inc

13,095,309

139,080

(a) GXO Logistics, Inc

7,817,687

420,045

(a) Lyft, Inc (Class A)

8,594,121

TOTAL TRANSPORTATION

29,507,117

UTILITIES - 2.2%

40,893

(a) Allete, Inc

2,753,326

104,480

Black Hills Corp

6,627,166

50,530

(a) California Water Service Group

2,242,521

111,350

Clearway Energy, Inc (Class A)

3,339,387

185,460

MDU Resources Group, Inc

3,557,123

31,054

MGE Energy, Inc

2,573,445

44,380

NRG Energy, Inc

7,627,147

176,680

OGE Energy Corp

7,798,655

76,260

ONE Gas, Inc

6,115,289

TOTAL UTILITIES

42,634,059

TOTAL COMMON STOCKS

(Cost $1,497,711,705)

1,902,563,566

SHARES

DESCRIPTION

VALUE

INVESTMENT COMPANIES - 1.8%

185,800

(a),(b)

Vanguard Russell 2000 ETF

18,494,532

68,800

Vanguard Small-Cap ETF

17,543,312

TOTAL INVESTMENT COMPANIES

(Cost $33,907,827)

36,037,844

TOTAL LONG-TERM INVESTMENTS

(Cost $1,531,619,532)

1,938,601,410

Quant Small/Mid Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.9%

16,714,240

(d) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(e)

$

16,714,240

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $16,714,240)

16,714,240

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.5%

REPURCHASE AGREEMENT - 0.5%

$

9,904,000

(f) Fixed Income Clearing Corporation

.150

11/03/25

9,904,000

TOTAL REPURCHASE AGREEMENT

9,904,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $9,904,000)

9,904,000

TOTAL INVESTMENTS - 100.9%

(Cost $1,558,237,772)

1,965,219,650

OTHER ASSETS & LIABILITIES, NET - (0.9)%

(17,327,432)

NET ASSETS - 100.0%

$

1,947,892,218

ETF

Exchange Traded Fund

REIT

Real Estate Investment Trust

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $40,891,294.

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

(d) Investments made with cash collateral received from securities on loan.

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

(f) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $9,907,425 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

3.750% and maturity date 10/31/32, valued at $10,102,159.

Portfolio of Investments October 31, 2025

Large Cap Responsible Equity

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.3%

COMMON STOCKS - 99.1%

AUTOMOBILES & COMPONENTS - 0.1%

78,318

(a) Aptiv plc

$

6,351,590

TOTAL AUTOMOBILES & COMPONENTS

6,351,590

BANKS - 3.3%

697,542

Citigroup, Inc

70,612,177

467,651

JPMorgan Chase & Co

145,495,579

TOTAL BANKS

216,107,756

CAPITAL GOODS - 8.8%

64,788

(a) Axon Enterprise, Inc

47,439,717

412,484

Carrier Global Corp

24,538,673

159,472

Caterpillar, Inc

92,056,807

96,935

Deere & Co

44,748,104

171,903

Eaton Corp plc

65,591,309

114,116

GE Vernova, Inc

66,773,836

203,873

Illinois Tool Works, Inc

49,728,702

447,907

Ingersoll Rand, Inc

34,188,741

43,545

Parker-Hannifin Corp

33,652,882

133,472

Quanta Services, Inc

59,946,280

53,354

Trane Technologies plc

23,937,272

26,937

W.W. Grainger, Inc

26,371,323

76,500

Xylem, Inc

11,540,025

TOTAL CAPITAL GOODS

580,513,671

COMMERCIAL & PROFESSIONAL SERVICES - 1.4%

192,574

Automatic Data Processing, Inc

50,127,012

827,286

(a) Copart, Inc

35,581,571

59,406

Paychex, Inc

6,952,284

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

92,660,867

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 3.4%

550,925

eBay, Inc

44,795,712

230,910

Home Depot, Inc

87,651,127

98,477

Lowe's Cos, Inc

23,450,328

15,343

Pool Corp

4,097,502

475,368

TJX Cos, Inc

66,618,071

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

226,612,740

CONSUMER DURABLES & APPAREL - 0.1%

98,317

(a) Deckers Outdoor Corp

8,012,836

TOTAL CONSUMER DURABLES & APPAREL

8,012,836

CONSUMER SERVICES - 3.9%

12,338

Booking Holdings, Inc

62,649,156

106,286

(a) DoorDash, Inc

27,035,970

91,411

(a) Expedia Group, Inc

20,110,420

200,985

McDonald's Corp

59,979,954

167,630

Royal Caribbean Cruises Ltd

48,081,313

491,967

Starbucks Corp

39,785,371

TOTAL CONSUMER SERVICES

257,642,184

CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.4%

249,785

Target Corp

23,160,065

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

23,160,065

ENERGY - 1.4%

1,102,832

Baker Hughes Co

53,388,097

591,535

ONEOK, Inc

39,632,845

TOTAL ENERGY

93,020,942

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 2.9%

62,005

Equinix, Inc

52,456,850

171,389

Iron Mountain, Inc

17,644,498

459,128

(b) Prologis, Inc

56,973,193

Large Cap Responsible Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

(continued)

359,478

Welltower, Inc

$

65,079,897

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

192,154,438

FINANCIAL SERVICES - 11.0%

207,311

American Express Co

74,783,297

96,123

Ameriprise Financial, Inc

43,521,611

387,223

Bank of New York Mellon Corp

41,792,978

97,236

Goldman Sachs Group, Inc

76,755,181

179,381

Mastercard, Inc (Class A)

99,016,518

112,999

Moody's Corp

54,273,420

448,268

Morgan Stanley

73,515,952

134,825

Nasdaq Stock Market, Inc

11,526,189

664,091

(a) PayPal Holdings, Inc

46,001,584

124,869

S&P Global, Inc

60,837,426

391,058

Synchrony Financial

29,086,894

337,258

Visa, Inc (Class A)

114,917,291

TOTAL FINANCIAL SERVICES

726,028,341

FOOD, BEVERAGE & TOBACCO - 1.9%

813,359

Coca-Cola Co

56,040,435

452,857

PepsiCo, Inc

66,157,879

TOTAL FOOD, BEVERAGE & TOBACCO

122,198,314

HEALTH CARE EQUIPMENT & SERVICES - 2.4%

109,665

(a) Cooper Cos, Inc

7,666,680

345,612

(a) Edwards Lifesciences Corp

28,495,709

111,734

HCA, Inc

51,361,885

64,182

(a) IDEXX Laboratories, Inc

40,403,211

29,484

(a) Insulet Corp

9,228,787

24,128

McKesson Corp

19,576,012

19,103

STERIS plc

4,502,577

TOTAL HEALTH CARE EQUIPMENT & SERVICES

161,234,861

HOUSEHOLD & PERSONAL PRODUCTS - 1.3%

555,448

Procter & Gamble Co

83,522,716

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

83,522,716

INSURANCE - 1.9%

14,441

Hartford Financial Services Group, Inc

1,793,283

166,793

Marsh & McLennan Cos, Inc

29,714,173

229,393

Progressive Corp

47,254,958

182,490

Travelers Cos, Inc

49,020,464

TOTAL INSURANCE

127,782,878

MATERIALS - 1.9%

8,118

Ball Corp

381,546

205,493

Ecolab, Inc

52,688,405

435,796

International Paper Co

16,839,157

722,980

Newmont Goldcorp Corp

58,539,691

TOTAL MATERIALS

128,448,799

MEDIA & ENTERTAINMENT - 4.3%

1,293,917

Comcast Corp (Class A)

36,016,180

261,667

Electronic Arts, Inc

52,349,100

195,328

(a) Live Nation, Inc

29,207,396

88,640

(a) Netflix, Inc

99,175,750

466,187

News Corp (Class A)

12,353,955

212,942

(a) Take-Two Interactive Software, Inc

54,591,941

TOTAL MEDIA & ENTERTAINMENT

283,694,322

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.3%

42,166

Agilent Technologies, Inc

6,171,416

210,870

Amgen, Inc

62,929,934

255,310

Bristol-Myers Squibb Co

11,762,132

305,959

Danaher Corp

65,897,449

154,056

Eli Lilly & Co

132,928,760

334,134

Gilead Sciences, Inc

40,025,912

119,274

(a) Vertex Pharmaceuticals, Inc

50,759,436

26,035

West Pharmaceutical Services, Inc

7,343,693

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

284,416

Zoetis, Inc

$

40,981,501

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

418,800,233

REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.6%

251,726

(a) CBRE Group, Inc

38,370,594

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

38,370,594

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 16.8%

470,098

(a) Advanced Micro Devices, Inc

120,401,500

333,335

Applied Materials, Inc

77,700,388

127,965

(a) First Solar, Inc

34,158,977

1,948,041

Intel Corp

77,902,160

526,499

Lam Research Corp

82,902,532

3,024,144

Nvidia Corp

612,358,919

242,466

NXP Semiconductors NV

50,704,490

335,045

Texas Instruments, Inc

54,096,366

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

1,110,225,332

SOFTWARE & SERVICES - 17.3%

249,706

Accenture plc

62,451,471

160,887

(a) Adobe, Inc

54,751,455

180,849

(a) Autodesk, Inc

54,497,038

165,506

(a) Cadence Design Systems, Inc

56,055,227

93,791

(a) Gartner, Inc

23,292,057

282,972

International Business Machines Corp

86,988,422

94,421

Intuit, Inc

63,030,738

935,384

Microsoft Corp

484,351,189

38,472

(a) PTC, Inc

7,638,231

277,852

Salesforce, Inc

72,355,439

70,917

(a) ServiceNow, Inc

65,192,580

98,592

(a) Synopsys, Inc

44,743,021

341,149

(a) Trade Desk, Inc

17,152,972

199,965

(a) Workday, Inc

47,975,603

TOTAL SOFTWARE & SERVICES

1,140,475,443

TECHNOLOGY HARDWARE & EQUIPMENT - 5.8%

467,707

(a) Arista Networks, Inc

73,752,717

1,130,766

Cisco Systems, Inc

82,670,302

1,625,046

Hewlett Packard Enterprise Co

39,683,623

1,163,194

HP, Inc

32,185,578

213,140

(a) Keysight Technologies, Inc

38,996,095

70,681

Seagate Technology Holdings plc

18,085,854

382,844

(a) Trimble Inc

30,531,809

429,628

(a) Western Digital Corp

64,534,422

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

380,440,400

TELECOMMUNICATION SERVICES - 0.7%

1,139,938

Verizon Communications, Inc

45,301,136

TOTAL TELECOMMUNICATION SERVICES

45,301,136

TRANSPORTATION - 0.6%

579,036

CSX Corp

20,856,877

144,487

Old Dominion Freight Line

20,288,865

2,171

Union Pacific Corp

478,423

TOTAL TRANSPORTATION

41,624,165

UTILITIES - 0.6%

78,559

Edison International

4,350,597

32,490

Eversource Energy

2,398,087

782,073

Exelon Corp

36,069,207

TOTAL UTILITIES

42,817,891

TOTAL COMMON STOCKS

(Cost $3,153,787,424)

6,547,202,514

Large Cap Responsible Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

Investments in Derivatives

SHARES

DESCRIPTION

VALUE

INVESTMENT COMPANIES - 0.2%

200,000

(c) Nuveen ESG Large-Cap ETF

$

10,588,000

TOTAL INVESTMENT COMPANIES

(Cost $5,657,305)

10,588,000

TOTAL LONG-TERM INVESTMENTS

(Cost $3,159,444,729)

6,557,790,514

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.7%

GOVERNMENT AGENCY DEBT - 0.1%

$

10,000,000

Federal Home Loan Bank (FHLB)

0.000 %

12/16/25

9,951,444

TOTAL GOVERNMENT AGENCY DEBT

9,951,444

REPURCHASE AGREEMENT - 0.2%

11,569,000

(d) Fixed Income Clearing Corporation

4.150 11/03/25

11,569,000

TOTAL REPURCHASE AGREEMENT

11,569,000

TREASURY DEBT - 0.4%

5,000,000

United States Treasury Bill

0.000 11/18/25

4,991,935

10,000,000

United States Treasury Bill

0.000 11/20/25

9,981,643

10,000,000

United States Treasury Bill

0.000 11/25/25

9,976,295

TOTAL TREASURY DEBT

24,949,873

TOTAL SHORT-TERM INVESTMENTS

(Cost $46,462,985)

46,470,317

TOTAL INVESTMENTS - 100.0%

(Cost $3,205,907,714)

6,604,260,831

OTHER ASSETS & LIABILITIES, NET - 0.0%

705,103

NET ASSETS - 100.0%

$

6,604,965,934

ETF

Exchange Traded Fund

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

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

(c) Affiliated holding

(d) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $11,573,001 on 11/3/25, collateralized by Government Agency Securities, with coupon rates

1.875%–2.125% and maturity dates 7/15/34–1/15/35, valued at $11,800,493.

Futures Contracts - Long

Description

Number of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

S&P 500 E-Mini Index

12/19/25

$

39,818,981

$

40,556,600

$

737,619

Portfolio of Investments October 31, 2025

Emerging Markets Equity

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.2%

COMMON STOCKS - 99.2%

BRAZIL - 8.0%

12,114,000

B3 SA-Brasil Bolsa Balcao

$

28,506,443

2,410,300

(a) Banco BTG Pactual S.A. - Unit

21,872,108

3,442,200

Itau Unibanco Holding S.A.

25,234,504

5,159,200

Raia Drogasil S.A.

19,179,360

2,205,900

Vale S.A.

26,758,062

2,451,100

(a) WEG S.A.

19,180,719

TOTAL BRAZIL

140,731,196

CHINA - 25.6%

344,219

(a) Advanced Micro-Fabrication Equipment, Inc China

13,523,402

4,468,808

Alibaba Group Holding Ltd

95,090,587

2,925,050

(a) Baidu, Inc

44,274,224

635,549

BYD Co Ltd

9,012,607

1,464,385

China Tourism Group Duty Free Corp Ltd

15,664,938

4,064,268

(a) DiDi Global, Inc (ADR)

26,173,886

853,733

(b) Huazhu Group Ltd (ADR)

32,954,094

445,600

JD.com, Inc

7,356,845

773,590

(b) KE Holdings, Inc (ADR)

13,189,709

4,300,000

(a) Kingdee International Software Group Co Ltd

8,112,570

1,861,800

(a),(c)

Kuaishou Technology

17,285,573

664,500

(a),(c)

Meituan

8,746,649

104,775

(a) PDD Holdings, Inc (ADR)

14,131,004

2,225,297

Ping An Insurance Group Co of China Ltd (Class A)

18,097,009

252,692

Prosus NV

17,465,680

987,476

Tencent Holdings Ltd

80,210,402

1,498,000

(a) XPeng, Inc

17,451,942

2,348,720

(a) Zijin Mining Group Co Ltd (Class A)

10,049,457

TOTAL CHINA

448,790,578

HONG KONG - 0.0%

22,290

(a),(d)

Asia Pacific Investment Partners Limited

TOTAL HONG KONG

INDIA - 13.9%

1,480,074

Axis Bank Ltd

20,539,735

1,713,795

(a) Bajaj Finance Ltd

20,127,842

10,091,582

(a) Edelweiss Financial Services Ltd

12,899,888

4,935,706

HDFC Bank Ltd

54,879,331

244,131

Hero Honda Motors Ltd

15,238,731

921,438

(a) ICICI Bank Ltd

13,962,214

3,507,542

(a) Reliance Industries Ltd

58,691,142

5,626,139

(a) Reliance Strategic Investments Ltd

19,445,208

2,669,344

(a) State Bank of India

28,181,484

TOTAL INDIA

243,965,575

INDONESIA - 1.4%

41,153,900

Astra International Tbk PT

15,217,202

17,951,500

(a) Bank Central Asia Tbk PT

9,191,017

TOTAL INDONESIA

24,408,219

KOREA, REPUBLIC OF - 12.8%

254,542

(a) Celltrion, Inc

31,330,467

103,307

Hynix Semiconductor, Inc

40,196,075

73,938

(a) LG Chem Ltd

20,565,719

109,292

LG Electronics, Inc

6,703,230

1,222,570

Samsung Electronics Co Ltd

92,030,401

71,463

(a) Samsung SDI Co Ltd

16,102,140

Emerging Markets Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

KOREA, REPUBLIC OF

(continued)

26,587

(a) Samsung Techwin Co Ltd

$

18,236,678

TOTAL KOREA, REPUBLIC OF

225,164,710

MALAYSIA - 0.5%

3,930,100

Malayan Banking BHD

9,262,393

TOTAL MALAYSIA

9,262,393

MEXICO - 5.3%

524,102

Fomento Economico Mexicano SAB de C.V. (ADR)

49,454,264

1,363,300

(b) Grupo Financiero Banorte S.A. de C.V.

12,830,584

2,000,600

(a),(b)

Grupo Mexico S.A. de C.V. (Series B)

17,296,142

4,120,400

(b) Wal-Mart de Mexico SAB de C.V.

13,621,927

TOTAL MEXICO

93,202,917

PERU - 1.0%

63,265

Credicorp Ltd

16,512,165

TOTAL PERU

16,512,165

POLAND - 0.5%

956,132

(a),(c)

Allegro.eu S.A.

8,928,200

TOTAL POLAND

8,928,200

SAUDI ARABIA - 2.2%

852,621

Al Rajhi Bank

24,098,580

2,051,825

(c) Saudi Arabian Oil Co

14,177,067

TOTAL SAUDI ARABIA

38,275,647

SINGAPORE - 0.8%

2,255,847

(a) Grab Holdings Ltd

13,557,640

TOTAL SINGAPORE

13,557,640

SOUTH AFRICA - 4.4%

2,221,269

FirstRand Ltd

10,541,911

499,722

(a) Naspers Ltd

35,098,479

1,138,951

(a) Shoprite Holdings Ltd

19,054,232

888,895

Standard Bank Group Ltd

13,071,058

TOTAL SOUTH AFRICA

77,765,680

TAIWAN - 19.2%

192,000

(a) Alchip Technologies Ltd

21,630,513

6,519,000

Chinatrust Financial Holding Co

8,853,338

2,750,000

Chunghwa Telecom Co Ltd

11,717,623

3,221,000

Fubon Financial Holding Co Ltd

9,532,763

1,095,000

Hon Hai Precision Industry Co, Ltd

9,107,533

686,000

MediaTek, Inc

29,092,864

5,096,400

Taiwan Semiconductor Manufacturing Co Ltd

246,460,203

TOTAL TAIWAN

336,394,837

THAILAND - 1.3%

4,909,400

(a) CP Seven Eleven PCL (ADR)

6,980,383

2,635,100

Kasikornbank PCL - NVDR

15,188,961

TOTAL THAILAND

22,169,344

TURKEY - 0.6%

2,033,067

(a) Aselsan Elektronik Sanayi Ve Ticaret AS

9,828,942

TOTAL TURKEY

9,828,942

UNITED ARAB EMIRATES - 1.2%

9,758,165

(a) Adnoc Gas plc

9,271,626

3,129,818

(a) Emaar Properties PJSC

12,111,280

TOTAL UNITED ARAB EMIRATES

21,382,906

UNITED STATES - 0.5%

144,182

(a) Globant S.A.

8,878,727

TOTAL UNITED STATES

8,878,727

TOTAL COMMON STOCKS

(Cost $1,223,809,274)

1,739,219,899

TOTAL LONG-TERM INVESTMENTS

(Cost $1,223,809,274)

1,739,219,899

See Notes to Financial Statements

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.3%

5,824,193

(e) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(f)

$

5,824,193

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $5,824,193)

5,824,193

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.7%

GOVERNMENT AGENCY DEBT - 0.3%

$

5,000,000

Federal Farm Credit Discount Notes

.000

12/23/25

4,972,028

TOTAL GOVERNMENT AGENCY DEBT

4,972,028

REPURCHASE AGREEMENT - 0.4%

7,135,000

(g) Fixed Income Clearing Corporation

.150

11/03/25

7,135,000

TOTAL REPURCHASE AGREEMENT

7,135,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $12,106,689)

12,107,028

TOTAL INVESTMENTS - 100.2%

(Cost $1,241,740,156)

1,757,151,120

OTHER ASSETS & LIABILITIES, NET - (0.2)%

(3,722,162)

NET ASSETS - 100.0%

$

1,753,428,958

ADR

American Depositary Receipt

NVDR

Non Voting Depositary Receipt

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $25,929,975.

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

which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $49,137,489 or 2.8% of Total

Investments.

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

(e) Investments made with cash collateral received from securities on loan.

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

(g) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $7,137,468 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

2.125% and maturity date 1/15/35, valued at $7,277,834.

International Equity

Portfolio of Investments October 31, 2025

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.2%

COMMON STOCKS - 99.2%

AUSTRALIA - 4.6%

2,660,947

BHP Billiton Ltd

$

75,858,799

981,654

Commonwealth Bank of Australia

110,146,480

13,196,449

Glencore plc

63,218,443

TOTAL AUSTRALIA

249,223,722

BRAZIL - 1.0%

7,493,960

Itau Unibanco Holding S.A.

54,937,645

TOTAL BRAZIL

54,937,645

DENMARK - 2.8%

364,365

DSV AS

77,758,504

1,539,731

Novo Nordisk A.S.

75,803,530

TOTAL DENMARK

153,562,034

FINLAND - 1.4%

4,589,033

Nordea Bank AB publ

78,503,685

TOTAL FINLAND

78,503,685

FRANCE - 11.2%

339,637

(a) Air Liquide

65,732,960

731,912

Airbus SE

180,468,295

487,021

Compagnie de Saint-Gobain

47,271,233

250,705

Essilor International S.A.

91,812,843

111,228

Kering

39,498,941

126,598

LVMH Moet Hennessy Louis Vuitton S.A.

89,482,326

571,854

Total S.A.

35,703,716

451,556

Vinci S.A.

60,380,374

TOTAL FRANCE

610,350,688

GERMANY - 9.9%

2,517,535

E.ON AG.

46,842,202

423,378

HeidelbergCement AG.

99,325,963

61,305

(a) Rheinmetall AG.

120,512,397

1,215,014

RWE AG.

59,815,766

257,838

SAP AG.

67,056,536

505,584

Siemens AG.

143,281,091

TOTAL GERMANY

536,833,955

INDIA - 0.8%

595,093

HDFC Bank Ltd (ADR)

21,554,268

1,206,226

(a) Reliance Industries Ltd

20,183,588

TOTAL INDIA

41,737,856

INDONESIA - 0.2%

53,889,095

Bank Rakyat Indonesia

12,891,363

TOTAL INDONESIA

12,891,363

ITALY - 2.2%

913,169

Moncler S.p.A

54,780,415

841,043

(a) UniCredit S.p.A

62,276,399

TOTAL ITALY

117,056,814

JAPAN - 22.7%

954,700

Advantest Corp

142,962,310

3,129,870

Daiichi Sankyo Co Ltd

74,766,698

2,243,900

(a) Fujitsu Ltd

58,477,015

6,405,610

(a) Hitachi Ltd

218,809,101

3,518,200

Mitsubishi Electric Corp

99,890,802

10,841,789

Mitsubishi UFJ Financial Group, Inc

163,768,118

1,438,901

Nintendo Co Ltd

122,723,705

1,423,914

ORIX Corp

34,831,829

393,300

SBI Holdings, Inc

17,575,407

4,871,735

Sony Corp

135,675,771

5,173,635

(a) Sony Financial Holdings, Inc

5,216,942

3,938,642

Sumitomo Mitsui Financial Group, Inc

106,633,966

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

JAPAN

(continued)

2,474,448

(a) Toyota Motor Corp

$

50,446,879

TOTAL JAPAN

1,231,778,543

KOREA, REPUBLIC OF - 1.3%

930,095

Samsung Electronics Co Ltd

70,014,000

TOTAL KOREA, REPUBLIC OF

70,014,000

MEXICO - 0.7%

203,274

Fomento Economico Mexicano SAB de C.V. (ADR)

19,180,935

2,008,600

Grupo Financiero Banorte S.A. de C.V.

18,903,771

TOTAL MEXICO

38,084,706

NETHERLANDS - 5.7%

88,728

ASML Holding NV

93,812,944

669,716

Heineken NV

51,857,652

4,081,155

ING Groep NV

101,905,072

13,512,823

Koninklijke KPN NV

62,530,064

TOTAL NETHERLANDS

310,105,732

SOUTH AFRICA - 0.7%

1,049,339

(a) Anglo American plc

39,699,242

TOTAL SOUTH AFRICA

39,699,242

SPAIN - 7.0%

8,721,937

Banco Bilbao Vizcaya Argentaria S.A.

175,712,770

12,599,954

(b) Banco Santander S.A.

128,395,876

3,633,265

Iberdrola S.A.

73,632,621

TOTAL SPAIN

377,741,267

SWITZERLAND - 5.5%

1,175,993

ABB Ltd

87,432,159

325,124

Cie Financiere Richemont S.A.

64,311,339

88,126

Lonza Group AG.

60,853,777

127,208

Zurich Insurance Group AG

88,469,478

TOTAL SWITZERLAND

301,066,753

TAIWAN - 1.2%

218,796

Taiwan Semiconductor Manufacturing Co Ltd (ADR)

65,732,882

TOTAL TAIWAN

65,732,882

UNITED KINGDOM - 7.8%

695,515

AstraZeneca plc

114,724,176

14,286,824

Barclays plc

76,629,098

1,580,096

(a) British American Tobacco plc

80,925,397

3,051,521

National Grid plc

45,754,816

201,570

Reckitt Benckiser Group plc

15,417,897

1,518,210

Unilever plc

91,099,164

TOTAL UNITED KINGDOM

424,550,548

UNITED STATES - 12.5%

4,182,599

BP plc

24,505,043

1,113,282

CRH plc

132,591,886

19,343,323

Haleon plc

89,950,877

172,249

Linde plc

72,051,757

329,989

Nestle S.A.

31,529,935

214,901

Novartis AG.

26,596,504

345,542

Roche Holding AG.

111,928,024

3,774,951

Shell plc

141,520,674

1,343,487

Smurfit WestRock plc

49,601,540

TOTAL UNITED STATES

680,276,240

TOTAL COMMON STOCKS

(Cost $3,170,206,134)

5,394,147,675

TOTAL LONG-TERM INVESTMENTS

(Cost $3,170,206,134)

5,394,147,675

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 2.3%

126,210,483

(c) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(d)

126,210,483

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $126,210,483)

126,210,483

International Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.2%

REPURCHASE AGREEMENT - 0.2%

$

7,424,000

(e) Fixed Income Clearing Corporation

.150

%

11/03/25

$

7,424,000

TOTAL REPURCHASE AGREEMENT

7,424,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $7,424,000)

7,424,000

TOTAL INVESTMENTS - 101.7%

(Cost $3,303,840,617)

5,527,782,158

OTHER ASSETS & LIABILITIES, NET - (1.7)%

(90,413,117)

NET ASSETS - 100.0%

$

5,437,369,041

ADR

American Depositary Receipt

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $120,446,553.

(c) Investments made with cash collateral received from securities on loan.

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

(e) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $7,426,567 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

1.875% and maturity date 7/15/34, valued at $7,572,609.

Portfolio of Investments October 31, 2025

International Opportunities

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 96.2%

COMMON STOCKS - 96.2%

AUSTRALIA - 1.0%

1,184,116

Australia and New Zealand Banking Group

$

28,361,592

TOTAL AUSTRALIA

28,361,592

BELGIUM - 0.4%

185,177

(a) Anheuser-Busch InBev S.A.

11,291,575

TOTAL BELGIUM

11,291,575

BRAZIL - 5.7%

717,049

(a) Empresa Brasileira de Aeronautica S.A. (ADR)

46,235,320

5,546,370

Itau Unibanco Holding S.A.

40,660,012

7,061

(a) Mercadolibre, Inc

16,432,783

847,612

(a) StoneCo Ltd

16,113,104

5,229,000

(a) WEG S.A.

40,918,763

TOTAL BRAZIL

160,359,982

CANADA - 6.1%

654,313

(a) Brookfield Corp

30,132,314

337,030

Canadian National Railway Co

32,317,682

362,610

(a) Dollarama, Inc

47,133,741

352,890

(a) Shopify, Inc (Class A)

61,356,640

TOTAL CANADA

170,940,377

CHINA - 9.1%

451,900

(a) BeOne Medicines Ltd

10,864,716

2,120,400

BYD Co Ltd (H shares)

27,395,533

1,816,757

JD.com, Inc

29,994,614

1,655,700

Tencent Holdings Ltd

134,488,700

1,425,035

Tencent Music Entertainment Group (ADR)

31,806,781

4,196,500

(a),(b)

Wuxi Biologics Cayman, Inc

19,572,868

TOTAL CHINA

254,123,212

DENMARK - 3.1%

214,282

DSV AS

45,729,551

659,420

Novo Nordisk A.S.

32,464,348

98,469

(a) Zealand Pharma AS

7,796,240

TOTAL DENMARK

85,990,139

FRANCE - 7.9%

185,353

Airbus SE

45,702,680

129,627

Essilor International S.A.

47,471,823

47,437

Kering

16,845,679

100,802

(a) L'Oreal S.A.

42,065,814

74,963

LVMH Moet Hennessy Louis Vuitton S.A.

52,985,542

523,756

Veolia Environnement

17,308,618

TOTAL FRANCE

222,380,156

GERMANY - 4.2%

105,391

Deutsche Boerse AG.

26,689,213

4,938

(a) Rheinmetall AG.

9,707,042

216,314

SAP AG.

56,257,291

471,768

(b) Siemens Healthineers AG.

26,442,567

TOTAL GERMANY

119,096,113

INDIA - 3.4%

743,947

Axis Bank Ltd

10,324,128

1,927,575

Bharti Airtel Ltd

44,635,279

1,294,341

(a) ICICI Bank Ltd

19,612,677

6,369,008

(a) Reliance Strategic Investments Ltd

22,012,731

TOTAL INDIA

96,584,815

INDONESIA - 0.6%

71,980,600

Bank Rakyat Indonesia

17,219,218

TOTAL INDONESIA

17,219,218

ITALY - 2.1%

87,446

(a) Ferrari NV

35,018,662

International Opportunities

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

ITALY

(continued)

392,668

Moncler S.p.A

$

23,555,898

TOTAL ITALY

58,574,560

JAPAN - 13.6%

181,900

Advantest Corp

27,238,760

740,000

Daiichi Sankyo Co Ltd

17,677,206

1,555,900

(a) Fujitsu Ltd

40,547,434

1,831,400

(a) Hitachi Ltd

62,558,755

117,000

(a) Keyence Corp

43,422,736

1,777,200

(a) Mitsubishi Heavy Industries Ltd

53,653,082

1,080,700

(a) Murata Manufacturing Co Ltd

23,300,879

301,800

Nintendo Co Ltd

25,740,488

166,200

Softbank Group Corp

29,162,868

2,053,900

Sony Corp

57,200,251

1,721,000

(a) Sony Financial Holdings, Inc

1,735,406

TOTAL JAPAN

382,237,865

KOREA, REPUBLIC OF - 3.1%

410,365

(a) Doosan Heavy Industries and Construction Co Ltd

25,397,912

807,479

Samsung Electronics Co Ltd

60,783,936

TOTAL KOREA, REPUBLIC OF

86,181,848

MACAU - 0.6%

3,428,000

(a) Galaxy Entertainment Group Ltd

17,079,421

TOTAL MACAU

17,079,421

MEXICO - 1.4%

406,752

Fomento Economico Mexicano SAB de C.V. (ADR)

38,381,119

TOTAL MEXICO

38,381,119

NETHERLANDS - 3.3%

80,416

ASML Holding NV

85,024,589

286,367

ING Groep NV

7,150,488

TOTAL NETHERLANDS

92,175,077

PHILIPPINES - 0.5%

6,610,686

(a) BDO Unibank, Inc

14,996,204

TOTAL PHILIPPINES

14,996,204

PORTUGAL - 0.7%

774,913

(a) Jeronimo Martins SGPS S.A.

19,957,897

TOTAL PORTUGAL

19,957,897

SINGAPORE - 1.7%

1,171,300

(a) DBS Group Holdings Ltd

48,494,752

TOTAL SINGAPORE

48,494,752

SPAIN - 1.1%

110,086

Amadeus IT Holding S.A.

8,415,050

2,206,273

Banco Santander S.A.

22,482,333

142,139

(a),(c),(d)

Let's GOWEX S.A.

1,638

TOTAL SPAIN

30,899,021

SWEDEN - 1.3%

991,647

(a) Assa Abloy AB

37,369,780

TOTAL SWEDEN

37,369,780

SWITZERLAND - 4.7%

314,268

(a) Galderma Group AG.

58,363,340

7,785

Givaudan S.A.

31,892,395

58,019

Lonza Group AG.

40,063,946

TOTAL SWITZERLAND

130,319,681

TAIWAN - 7.2%

1,047,000

Eclat Textile Co Ltd

13,915,168

3,894,000

Taiwan Semiconductor Manufacturing Co Ltd

188,312,540

TOTAL TAIWAN

202,227,708

UNITED KINGDOM - 5.7%

505,986

Ashtead Group plc

33,797,217

1,129,106

Compass Group plc

37,373,207

71,566

(a) Flutter Entertainment plc

16,487,065

525,256

RELX plc

23,214,411

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

UNITED KINGDOM

(continued)

806,937

Unilever plc

$

48,419,709

TOTAL UNITED KINGDOM

159,291,609

UNITED STATES - 7.7%

430,757

CRH plc

51,303,159

81,274

Linde plc

33,996,914

128,316

Roche Holding AG.

41,564,141

213,340

Schneider Electric S.A.

60,786,919

730,573

Smurfit WestRock plc

26,972,755

TOTAL UNITED STATES

214,623,888

TOTAL COMMON STOCKS

(Cost $1,907,465,540)

2,699,157,609

TOTAL LONG-TERM INVESTMENTS

(Cost $1,907,465,540)

2,699,157,609

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.0%

60,513

(e) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(f)

60,513

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $60,513)

60,513

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 3.3%

GOVERNMENT AGENCY DEBT - 0.7%

$

5,000,000

Federal Farm Credit Discount Notes

.000

12/23/25

4,972,028

5,000,000

Federal Home Loan Bank (FHLB)

.000

11/28/25

4,984,989

10,000,000

Federal Home Loan Bank (FHLB)

.000

12/16/25

9,951,444

TOTAL GOVERNMENT AGENCY DEBT

19,908,461

REPURCHASE AGREEMENT - 1.0%

26,554,000

(g) Fixed Income Clearing Corporation

.150

11/03/25

26,554,000

TOTAL REPURCHASE AGREEMENT

26,554,000

TREASURY DEBT - 1.6%

25,000,000

United States Treasury Bill

.000

11/20/25

24,954,107

10,000,000

United States Treasury Bill

.000

12/02/25

9,968,772

10,000,000

United States Treasury Bill

.000

12/09/25

9,961,447

TOTAL TREASURY DEBT

44,884,326

TOTAL SHORT-TERM INVESTMENTS

(Cost $91,337,234)

91,346,787

TOTAL INVESTMENTS - 99.5%

(Cost $1,998,863,287)

2,790,564,909

OTHER ASSETS & LIABILITIES, NET - 0.5%

13,732,788

NET ASSETS - 100.0%

$

2,804,297,697

ADR

American Depositary Receipt

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

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

which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $46,015,435 or 1.6% of Total

Investments.

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

(d) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $442.

(e) Investments made with cash collateral received from securities on loan.

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

(g) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $26,563,183 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

0.125% and maturity date 7/15/31, valued at $27,085,095.

Quant International Small Cap Equity

Portfolio of Investments October 31, 2025

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.5%

COMMON STOCKS - 98.1%

AUSTRALIA - 7.5%

872,265

(a) Abacus Property Group

$

685,474

212,140

(a) AGL Energy Ltd

1,285,073

49,620

(a) ALS Ltd

704,242

289,712

(a) Austal Ltd

1,284,626

55,291

(a) Bunnings Warehouse Property Trust

139,055

14,662

(a) Data#3 Ltd

84,430

137,765

(a) EBOS Group Ltd

2,278,361

1,048,379

(a) G8 Education Ltd

551,782

1,606,204

(a) HMC Capital Ltd

3,250,929

4,105,247

HomeCo Daily Needs REIT

3,666,769

584,229

(a) Lynas Corp Ltd

5,824,391

1,944,921

Macquarie CountryWide Trust

5,241,476

901,676

(a) Magellan Financial Group Ltd

5,667,373

199,050

(a) Netwealth Group Ltd

4,006,469

5,330,574

(a) Nine Entertainment Co Holdings Ltd

4,044,492

28,878

(a) Objective Corp Ltd

348,663

1,797,787

(a) Perseus Mining Ltd

5,706,119

252,924

(a),(b)

Pinnacle Investment Management Group Ltd

3,256,959

1,549,212

Qube Holdings Ltd

4,439,943

234,486

(a) Regis Healthcare Ltd

1,136,488

12,355,415

(a) Resolute Mining Ltd

7,689,989

388,058

(a) Technology One Ltd

9,346,002

14,995,864

(a) Vault Minerals Ltd

7,129,229

1,779,325

(a) Ventia Services Group Pty Ltd

6,664,572

3,207,374

(a) Westgold Resources Ltd

11,116,128

378,741

(a) Worley Ltd

3,537,060

TOTAL AUSTRALIA

99,086,094

AUSTRIA - 0.4%

17,619

(c) BAWAG Group AG.

2,276,925

201,174

(a) Uniqa Versicherungen AG.

2,955,522

TOTAL AUSTRIA

5,232,447

BELGIUM - 1.1%

42,641

(a),(b)

Colruyt S.A.

1,592,471

79,773

(a) Fagron NV

1,895,598

119,539

(a) Galapagos NV

3,805,854

50,162

(a) KBC Ancora

3,947,010

401,743

(a) Proximus plc

3,450,878

TOTAL BELGIUM

14,691,811

BRAZIL - 1.5%

393,823

(a) Alpargatas S.A.

774,477

293,700

(a) Bradespar S.A.

1,012,128

2,189,645

(a) Fleury S.A.

5,921,864

4,007,100

(a) Marcopolo S.A.

5,876,638

2,586,116

(a) Metalurgica Gerdau S.A.

5,330,910

545,664

(a) Odontoprev S.A.

1,291,146

TOTAL BRAZIL

20,207,163

CANADA - 6.7%

522,705

(a) Allied Gold Corp

7,953,032

501,611

(a) Allied Properties Real Estate Investment Trust

5,285,951

36,335

(a) Aya Gold & Silver, Inc

386,523

1,282,566

(a) B2Gold Corp

5,614,741

56,065

(a) Badger Infrastructure Solutions Ltd

2,941,659

1,083,688

(a),(b)

Bitfarms Ltd

4,326,871

69,040

(a) Capstone Copper Corp

616,292

936,610

(a) Centerra Gold, Inc

10,971,803

961,806

(a) Equinox Gold Corp

10,567,488

13,549

(a) Evertz Technologies Ltd

123,845

196,131

(a) Fiera Capital Corp

879,586

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CANADA

(continued)

557,607

(a) First Majestic Silver Corp

$

7,128,369

957,806

(a) Fortuna Silver Mines, Inc

7,914,849

1,897

Killam Apartment REIT

23,439

2,489

(a) Laurentian Bank of Canada

59,095

101,348

(a) Maple Leaf Foods, Inc

1,948,125

347,899

(a) New Gold, Inc

2,562,331

74,880

(a) Novagold Resources, Inc

620,374

33,707

(a),(b)

OR Royalties, Inc

1,081,470

404,520

RioCan Real Estate Investment Trust

5,413,597

45,655

(a),(b)

Savaria Corp

716,457

182,111

(a) Slate Grocery REIT

1,897,003

282,149

(a) Triple Flag Precious Metals Corp

7,835,516

55,573

(a) Trisura Group Ltd

1,531,422

TOTAL CANADA

88,399,838

CHILE - 0.0%

153,612

(a) Inversiones Aguas Metropolitanas S.A.

154,825

TOTAL CHILE

154,825

CHINA - 4.3%

189,000

(a) C&D Property Management Group Co Ltd

70,493

1,560,000

(a) China Foods Ltd

832,726

3,128,000

(a) China Lesso Group Holdings Ltd

1,789,980

1,714,749

(a) China XLX Fertiliser Ltd

1,617,986

4,565,760

(a),(b),(d)

China Zhongwang Holdings Ltd

5,876

791,000

(a) Consun Pharmaceutical Group Ltd

1,530,057

592,000

(a) Harbin Power Equipment

973,419

458,804

(a),(b)

iQIYI, Inc (ADR)

1,059,837

705,000

(a) JNBY Design Ltd

1,635,281

139,300

(a) JOYY, Inc (ADR)

8,261,883

192,000

(a) Kingboard Chemical Holdings Ltd

687,903

13,593,000

(a) Lonking Holdings Ltd

5,418,297

1,822,000

(a) Newborn Town, Inc

2,476,920

134,884

(a) Noah Holdings Ltd (ADR)

1,522,840

10,442,000

(a) Shougang Fushan Resources Group Ltd

4,097,002

1,739,851

(a) Tuya, Inc (ADR)

3,966,860

166,761

(a),(b)

VNET Group, Inc (ADR)

1,734,314

568,400

(a),(b)

Weibo Corp (ADR)

6,184,192

9,634,000

(a),(b),(c)

Weimob, Inc

2,819,545

2,929,700

(a) Yangzijiang Shipbuilding Holdings Ltd

7,912,405

5,363,750

(a),(b),(c)

Yixin Group Ltd

1,563,429

TOTAL CHINA

56,161,245

CZECH REPUBLIC - 0.0%

528

(a) Philip Morris CR AS.

450,203

TOTAL CZECH REPUBLIC

450,203

DENMARK - 0.7%

1,584,247

(a) Alm Brand AS

4,460,085

467,372

(a) H Lundbeck A.S.

3,408,607

122,276

(a),(c)

Scandinavian Tobacco Group A.S.

1,621,145

TOTAL DENMARK

9,489,837

FINLAND - 0.1%

13,999

(a) Kalmar Oyj

579,976

TOTAL FINLAND

579,976

FRANCE - 1.9%

64,265

(a) Carmila S.A.

1,171,590

88,463

(a) M6-Metropole Television

1,220,465

8,443

(a) Neopost S.A.

145,316

137,922

(a) Societe Television Francaise 1

1,261,785

170,894

SPIE S.A.

8,697,197

598,123

(a) Ubisoft Entertainment

5,340,030

6,616

(a) Vicat S.A.

495,991

Quant International Small Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

FRANCE

(continued)

1,963,174

(a) Vivendi Universal S.A.

$

7,071,295

TOTAL FRANCE

25,403,669

GERMANY - 2.5%

17,164

(a) Atoss Software AG.

2,301,955

62,208

(a) Bilfinger Berger AG.

6,711,778

6,499

(a) Cewe Stiftung & Co KGAA

744,666

88,476

(a) Hensoldt AG.

9,431,331

10,551

(a) Hornbach Holding AG. & Co KGaA

1,055,704

230,212

(a) Nordex AG.

6,798,327

20,899

(a) Stabilus SE

524,661

674,712

(a) TUI AG.

5,749,132

TOTAL GERMANY

33,317,554

GREECE - 0.1%

9,447

(a) Aegean Airlines S.A.

143,518

66,535

(a) Lamda Development S.A.

567,507

TOTAL GREECE

711,025

HONG KONG - 0.5%

1,712,000

(a) Cafe de Coral Holdings Ltd

1,383,603

617,200

(a) Dah Sing Banking Group Ltd

873,690

131,000

(a) Hang Lung Group Ltd

249,279

2,194,600

(a) Hutchison Port Holdings Trust

460,866

3,426,000

(a) Hutchison Telecommunications Hong Kong Holdings Ltd

480,576

443,000

Hysan Development Co Ltd

917,787

320,000

(a) SmarTone Telecommunications Holding Ltd

198,905

944,000

(a) Wasion Holdings Ltd

1,518,853

178,500

(a) Yue Yuen Industrial Holdings

327,364

TOTAL HONG KONG

6,410,923

INDIA - 6.8%

2,045

(a) 3M India Ltd

680,416

149,032

(a) Action Construction Equipment Ltd

1,847,662

280,785

(a) Affle India Ltd

6,096,165

57,556

(a) Alembic Pharmaceuticals Ltd

582,025

32,764

Bajaj Electricals Ltd

189,581

79,624

(a) Borosil Renewables Ltd

577,234

146,033

(a) Central Depository Services India Ltd

2,610,149

145,755

(a) Chambal Fertilisers and Chemicals Ltd

789,073

30,239

(a) CIE Automotive India Ltd

147,235

456,474

(a) Crompton Greaves Consumer Electricals Ltd

1,452,592

189,080

(a) Data Patterns India Ltd

5,835,114

223,254

(a) Emami Ltd

1,342,979

8,672

(a) ESAB India Ltd

479,335

170,740

(a) Finolex Cables Ltd

1,511,217

306,918

(a) GE T&D India Ltd

10,501,516

93,375

(a),(c)

Gland Pharma Ltd

2,028,470

45,825

(a) GlaxoSmithKline Pharmaceuticals Ltd

1,350,467

40,105

(a) Glenmark Pharmaceuticals Ltd

853,682

7,049

(a) Ingersoll Rand India Ltd

303,430

142,354

(a) Intellect Design Arena Ltd

1,816,399

160,807

(a) JB Chemicals & Pharmaceuticals Ltd

3,045,243

71,330

(a) Latent View Analytics Ltd

360,260

10,143

(a) Maharashtra Scooters Ltd

1,724,563

155,211

(a) Maharashtra Seamless Ltd

992,384

34,356

(a) Mahindra & Mahindra Financial Services Ltd

122,010

834,801

(a) Man Infraconstruction Ltd

1,399,036

14,652

(a) Mastek Ltd

352,784

1,516,144

(a) National Aluminium Co Ltd

3,992,067

31,404

NESCO Ltd

483,900

2,680,144

(a),(c)

Paradeep Phosphates Ltd

5,020,899

3,015

(a) Procter & Gamble Health Ltd

209,437

1,099,986

(a) Rain Industries Ltd

1,652,999

120,258

(a) Rolex Rings Ltd

165,279

192,645

(a) RR Kabel Ltd

3,062,830

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

INDIA

(continued)

4,070,775

(a) Sterlite Technologies Ltd

$

5,378,537

147,169

(a) Symphony Ltd

1,549,754

41,880

(a),(c)

Syngene International Ltd

306,677

163,930

(a) Tata Investment Corp Ltd

1,473,113

797,204

(a) Tata Technologies Ltd

6,212,973

634,466

(a) TD Power Systems Ltd

5,535,381

202,693

(a) Tips Industries Ltd

1,202,499

728,463

Triveni Turbine Ltd

4,387,169

TOTAL INDIA

89,624,535

INDONESIA - 0.9%

766,600

(a) Cisarua Mountain Dairy PT TBK

261,603

20,242,637

(a) Industri Jamu Dan Farmasi Sido Muncul Tbk PT

681,652

36,677,300

(a) PT Aneka Tambang Tbk

6,822,258

34,386,125

(a) PT Perusahaan Gas Negara Persero Tbk

3,595,287

TOTAL INDONESIA

11,360,800

IRELAND - 0.2%

18,871

(a) COSMO Pharmaceuticals NV

1,588,176

54,557

(a) Glanbia plc

923,429

TOTAL IRELAND

2,511,605

ISRAEL - 2.2%

8,305

(a) Camtek Ltd

1,037,868

335,942

(a) Cellebrite DI Ltd

5,731,170

12,562

(a) Formula Systems 1985 Ltd

1,823,575

55,184

(a) Gazit Globe Ltd

187,942

13,964

(a) Nayax Ltd

583,831

26,762

(a) Nova Measuring Instruments Ltd

9,296,058

75,778

(a) Plus500 Ltd

3,153,081

113,423

(a) Radware Ltd

2,907,031

499,166

(a) SimilarWeb Ltd

4,267,869

TOTAL ISRAEL

28,988,425

ITALY - 1.8%

965,507

(a),(b)

Banca Monte dei Paschi di Siena S.p.A

8,467,964

409,621

(a) Fincantieri S.p.A

10,538,862

132,682

(a) MFE-MediaForEurope NV

469,795

238,173

(a),(c)

Technogym S.p.A

4,314,041

8,569

(a),(b)

Wiit S.p.A

195,117

TOTAL ITALY

23,985,779

JAPAN - 21.5%

276,900

(a) AEON Financial Service Co Ltd

2,708,419

113,700

(a) Aichi Corp

949,977

389,000

(a) Anritsu Corp

5,752,356

105,700

(a) Appier Group, Inc

887,255

119,900

(a) Asahi Intecc Co Ltd

1,901,291

33,000

(a) Axial Retailing, Inc

233,070

8,200

(a) C Uyemura & Co Ltd

666,959

70,900

(a) Canon Electronics, Inc

1,240,285

92,800

(a) Central Glass Co Ltd

1,936,086

82,900

(a) Chudenko Corp

2,262,387

166,300

(a) Cybozu, Inc

3,309,142

165,000

(a) Dai-Dan Co Ltd

7,311,510

58,800

(a) Digital Garage, Inc

1,256,018

84,800

(a) Doshisha Co Ltd

1,594,818

171,500

(a) Elecom Co Ltd

2,005,514

249,500

(a) Electric Power Development Co

4,741,930

71,000

(a) Exedy Corp

2,385,599

232,300

(a) Fields Corp

3,266,345

175,200

(a) Fuji Machine Manufacturing Co Ltd

3,400,069

46,500

(a) Fukuoka Financial Group, Inc

1,351,307

748

(a) Global One Real Estate Investment Corp

687,740

231,500

(a) GMO Financial Holdings, Inc

1,350,856

130,400

(a) Gree, Inc

340,624

301,700

(a) GungHo Online Entertainment, Inc

5,101,981

Quant International Small Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

JAPAN

(continued)

71,800

(a) Happinet Corp

$

2,924,685

247,500

(a) Heiwa Corp

3,217,344

55,200

(a) Hirose Electric Co Ltd

7,394,989

87,000

(a) Hosiden Corp

1,386,875

747

(a) Ichigo Office REIT Investment Corp

460,082

103,900

(a) Inaba Denki Sangyo Co Ltd

3,059,545

479,500

Infomart Corp

1,017,490

9,500

(a) Insource Co Ltd

53,709

132,300

(a) Ishikawajima-Harima Heavy Industries Co Ltd

2,739,151

212,400

(a) JAC Recruitment Co Ltd

1,398,872

392,300

(a) Jafco Co Ltd

6,131,632

295,600

(a) Japan Aviation Electronics Industry Ltd

4,414,739

482,000

(a) Japan Material Co Ltd

6,022,106

27,800

(a) Japan Securities Finance Co Ltd

319,242

106,400

(a) Justsystems Corp

3,436,478

130,400

(a) Kaken Pharmaceutical Co Ltd

3,101,619

85,200

(a),(b)

Kanamoto Co Ltd

1,984,320

61,700

(a) Kandenko Co Ltd

1,885,685

61,400

(a) Keiyo Bank Ltd

518,009

466,200

(a) Koei Tecmo Holdings Co Ltd

6,275,022

31,000

(a) Maeda Kosen Co Ltd

387,296

172,100

(a) Matsui Securities Co Ltd

857,295

15,400

(a) Maxvalu Tokai Co Ltd

349,106

402,100

(a) Mitsubishi Materials Corp

7,741,966

20,400

(a) Mitsubishi Research Institute, Inc

644,971

10,400

(a) Mitsui Mining & Smelting Co Ltd

1,059,318

119,400

(a) Miura Co Ltd

2,312,022

209,300

(a) Mixi Inc

4,223,617

758,800

(a) Monex Group, Inc

3,485,655

66,000

(a) Morita Holdings Corp

997,805

345,400

(a),(b)

Namura Shipbuilding Co Ltd

11,714,610

31,100

(a) Nanto Bank Ltd

1,034,369

37,600

(a) Nippon Densetsu Kogyo Co Ltd

701,459

135,400

Nippon Light Metal Holdings Co Ltd

1,971,733

5,400

(a) Nippon System Development Co Ltd

115,374

38,300

(a) Nishio Rent All Co Ltd

1,089,585

4,800

(a) Nitta Corp

125,820

51,600

(a) Noevir Holdings Co Ltd

1,464,382

293,400

(a) Nomura Co Ltd

1,951,725

306,900

(a) Noritsu Koki Co Ltd

3,331,419

625,500

(a) NSK Ltd

3,151,899

56,500

(a) OBIC Business Consultants Ltd

3,233,514

47,100

(a) Ohsho Food Service Corp

1,029,465

374,100

(a) Oki Electric Industry Co Ltd

4,469,503

308,100

(a) Orient Corp

1,925,561

38,500

PALTAC Corp

1,135,460

52,700

(a) Paramount Bed Holdings Co Ltd

1,206,873

493,400

(a) Pigeon Corp

5,581,133

49,800

(a) Prima Meat Packers Ltd

799,986

155,000

(a) Raito Kogyo Co Ltd

3,243,816

160,380

(a),(b)

Sakura Internet, Inc

3,578,479

124,600

(a) Sangetsu Co Ltd

2,436,410

122,400

(a) Sanki Engineering Co Ltd

4,206,400

485,800

(a) Santen Pharmaceutical Co Ltd

4,759,756

42,000

(a) Sanyo Chemical Industries Ltd

1,142,772

279,500

(a) Sega Sammy Holdings, Inc

5,171,785

196,500

(a),(b)

Septeni Holdings Co Ltd

521,838

38,575

(a) Shiga Bank Ltd

1,558,209

106,800

(a) Shimamura Co Ltd

6,885,362

50,100

(a) Shinko Plantech Co Ltd

622,470

209,200

(a) Shinmaywa Industries Ltd

2,720,640

104,300

(a) Shinnihon Corp

1,198,744

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

JAPAN

(continued)

104,500

(a) Shizuoka Gas Co Ltd

$

764,161

188,500

(a) Shoei Co Ltd

2,002,275

(a) SOSiLA Logistics REIT, Inc

365,847

392,100

(a) Square Enix Co Ltd

7,585,092

30,000

(a) Sumitomo Densetsu Co Ltd

1,887,878

34,500

(a) Sumitomo Heavy Industries Ltd

922,411

212,400

Sumitomo Osaka Cement Co Ltd

5,305,790

83,900

(a) Sun Frontier Fudousan Co Ltd

1,242,870

166,500

(a) Suruga Bank Ltd

1,666,683

45,000

(a) Suzuken Co Ltd

1,708,944

1,662,000

(a) Systena Corp

5,719,551

24,500

(a) Takeuchi Manufacturing Co Ltd

1,010,076

102,350

(a) TechMatrix Corp

1,447,518

73,500

(a) TKC

1,923,081

152,600

(a) Toenec Corp

1,656,143

96,300

(a) Tokai Rubber Industries, Inc

1,629,653

577,400

(a) Tokai Tokyo Securities Co Ltd

2,139,478

63,200

(a) Tokyo Kiraboshi Financial Group, Inc

3,009,255

23,200

(a) TOMONY Holdings, Inc

102,810

589,600

UACJ Corp

7,613,421

152,700

(a) Wacom Co Ltd

828,827

117,000

(a) Wakita & Co Ltd

1,346,376

8,900

(a) Yamaguchi Financial Group, Inc

101,966

286,000

(a) Yodogawa Steel Works Ltd

2,411,323

157,900

(a) Yurtec Corp

2,545,524

281,900

(a) Zenkoku Hosho Co Ltd

5,793,877

15,500

(a) Zuken, Inc

479,190

TOTAL JAPAN

283,732,754

KOREA, REPUBLIC OF - 4.6%

23,541

(a) AfreecaTV Co Ltd

1,198,543

88,117

(a) BNK Financial Group, Inc

853,038

65,137

(a) Cafe24 Corp

1,634,561

125,134

(a) CS Wind Corp

3,821,426

44,115

(a) Daishin Securities Co Ltd PF

660,272

621,330

(a) DGB Financial Group, Inc

5,764,805

56,014

(a) DoubleUGames Co Ltd

1,970,909

1,080,456

(a) Hanwha Life Insurance Co Ltd

2,294,189

30,442

(a) HSD Engine Co Ltd

1,054,723

342,546

(a) Hyundai Marine & Fire Insurance Co Ltd

6,554,324

52,107

(a) Hyundai Mipo Dockyard

8,832,315

17,268

(a) Hyundai Wia Corp

708,711

158,954

(a) KEPCO Plant Service & Engineering Co Ltd

5,638,189

20,664

(a) LIG Nex1 Co Ltd

7,527,367

153,712

(a),(c)

Netmarble Corp

5,824,902

108,392

(a) Samsung Engineering Co Ltd

1,970,597

66,415

(a) Samsung Securities Co Ltd

3,594,494

75,951

(a) SK REITs Co Ltd

282,001

16,735

(a) TechWing, Inc

777,653

TOTAL KOREA, REPUBLIC OF

60,963,019

KUWAIT - 0.8%

1,288,508

(a) Agility Global PLC

382,383

682,996

(a) Boubyan Petrochemicals Co KSCP

1,366,613

137,998

(a) Boursa Kuwait Securities Co KPSC

1,808,932

478,453

(a) Humansoft Holding Co KSC

3,858,819

1,260,592

(a) Kuwait Telecommunications Co

2,441,049

TOTAL KUWAIT

9,857,796

LUXEMBOURG - 0.2%

248,630

(a) SES S.A.

1,905,095

TOTAL LUXEMBOURG

1,905,095

MALAYSIA - 0.3%

1,221,500

(a) Bursa Malaysia BHD

2,389,180

Quant International Small Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

MALAYSIA

(continued)

282,000

(a) United Plantations BHD

$

1,667,558

TOTAL MALAYSIA

4,056,738

MEXICO - 0.3%

418,323

(a) Concentradora Fibra Danhos S.A. de C.V.

647,575

995,642

(a),(c)

FIBRA Macquarie Mexico

1,612,556

513,931

(a),(b)

La Comer SAB de C.V.

1,112,869

TOTAL MEXICO

3,373,000

NETHERLANDS - 1.0%

228,419

(a) Aalberts Industries NV

7,236,597

72,123

Arcadis NV

3,444,360

157,574

(a),(b)

Fugro NV

1,609,192

19,862

(a) Van Lanschot Kempen NV

1,161,280

TOTAL NETHERLANDS

13,451,429

NIGERIA - 0.6%

2,316,560

(a),(c)

Airtel Africa plc

8,424,577

TOTAL NIGERIA

8,424,577

NORWAY - 1.1%

200,436

(a) Norconsult Norge AS.

927,060

1,181,731

(a) Norwegian Air Shuttle AS

1,834,576

539,128

Storebrand ASA

8,354,871

460,371

(a) Wallenius Wilhelmsen ASA

3,600,510

TOTAL NORWAY

14,717,017

PERU - 0.0%

6,601

(a) Hochschild Mining plc

28,694

TOTAL PERU

28,694

PHILIPPINES - 0.1%

2,125,600

(a) DMCI Holdings, Inc

407,422

2,652,000

(a) LT Group, Inc

658,831

706,900

(a) Semirara Mining & Power Corp

396,993

TOTAL PHILIPPINES

1,463,246

PORTUGAL - 0.3%

367,870

(a) NOS SGPS S.A.

1,594,032

1,678,884

(a) Sonae SPGS S.A.

2,736,325

TOTAL PORTUGAL

4,330,357

RUSSIA - 0.0%

81,310

(a),(d)

Sistema PJSFC (GDR)

813

TOTAL RUSSIA

813

SAUDI ARABIA - 1.9%

143,272

(a) Al Masane Al Kobra Mining Co

2,889,103

11,248

(a) Aldrees Petroleum and Transport Services Co

460,380

172,083

Arabian Cement Co

1,015,833

1,158,660

(a),(c)

Arabian Centres Co

6,770,399

178,681

(a) City Cement Co

694,656

53,176

(a) Eastern Province Cement Co

366,970

2,705,495

(a) Electrical Industries Co

8,332,826

4,705

Jadwa REIT Saudi Fund

13,861

46,928

(a) Rasan Information Technology Co

1,378,383

235,600

(a) Riyadh Cement Co

1,652,354

64,641

(a) Saudi Advanced Industries Co

410,124

70,115

(a) Saudi Cement Co

715,541

TOTAL SAUDI ARABIA

24,700,430

SINGAPORE - 0.8%

797,200

NetLink NBN Trust

600,142

441,700

(a) Sheng Siong Group Ltd

786,999

714,300

(a) Venture Corp Ltd

8,174,300

550,100

(a) Yangzijiang Financial Holding Ltd

447,069

TOTAL SINGAPORE

10,008,510

SOUTH AFRICA - 1.4%

130,246

(a) Coronation Fund Managers Ltd

369,740

898,685

(a) Foschini Ltd

4,773,981

195,239

(a) JSE Ltd

1,586,477

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

SOUTH AFRICA

(continued)

4,661,814

(a) Life Healthcare Group Holdings Ltd

$

3,191,679

3,535,108

(a) Momentum Metropolitan Holdings

6,806,110

86,051

Santam Ltd

2,052,766

TOTAL SOUTH AFRICA

18,780,753

SPAIN - 0.8%

52,794

(a) Linea Directa Aseguradora S.A. Cia de Seguros y Reaseguros

69,981

514,565

(a),(c)

Prosegur Cash S.A.

420,517

290,281

(a) Prosegur Cia de Seguridad S.A.

947,687

3,452,129

(a),(c)

Unicaja Banco S.A.

9,320,099

TOTAL SPAIN

10,758,284

SWEDEN - 4.0%

155,210

(a),(c)

AcadeMedia AB

1,713,996

207,503

(a),(c)

Ambea AB

2,797,775

674,847

(a) Arjo AB

2,141,465

309,831

(a),(c)

Attendo AB

2,628,800

87,331

(a) Betsson AB

1,361,019

17,204

(a) Bilia AB

240,861

153,881

(a) BioGaia AB

1,625,551

86,901

(a) Bure Equity AB

2,545,097

5,699

(a) Clas Ohlson AB (B Shares)

207,835

458,148

(a),(b)

Corem Property Group AB

186,317

119,349

(a) Creades AB

947,896

165,162

(a) Dios Fastigheter AB

1,125,586

775,827

(a) Elekta AB (B Shares)

3,943,383

664,986

(a) Embracer Group AB

6,930,277

1,750

(a),(b)

FastPartner AB

9,266

126,463

Loomis AB

5,094,616

161,405

(a),(b)

Mildef Group AB

2,670,656

191,856

(a) Modern Times Group MTG AB

2,579,012

35,298

(a),(b)

NCC AB (B Shares)

804,649

202,500

(a) Nolato AB

1,340,113

45,427

(a) Paradox Interactive AB

792,275

39,461

(a),(b)

Rusta AB

260,718

470,253

(c) Scandic Hotels Group AB

4,570,843

988,154

(a) Storskogen Group AB

1,021,016

220,841

(a) Sweco AB

3,979,224

204,225

(a) Truecaller AB

608,752

TOTAL SWEDEN

52,126,998

SWITZERLAND - 2.1%

136,913

(a) Accelleron Industries AG.

11,222,881

11,492

(a) Allreal Holding AG.

2,746,688

16,841

(a) Burkhalter Holding AG.

2,990,697

47,171

(a) DKSH Holding AG.

3,289,498

26,150

(a) dormakaba Holding AG.

2,233,648

11,165

(a) Huber & Suhner AG.

2,044,832

5,847

(a) Intershop Holding AG.

1,146,139

23,148

Temenos Group AG.

2,185,590

TOTAL SWITZERLAND

27,859,973

TAIWAN - 7.0%

715,000

(a) Arcadyan Technology Corp

4,672,634

135,000

(a) ASROCK, Inc

1,404,372

1,626,000

(a) Capital Securities Corp

1,290,079

2,552,000

(a) Channel Well Technology Co Ltd

6,392,963

128,000

(a) Chenbro Micom Co Ltd

3,824,864

516,000

(a) China Bills Finance Corp

279,329

895,000

(a) ChipMOS Technologies, Inc

941,544

3,004,000

(a) Compeq Manufacturing Co Ltd

8,490,037

3,071,000

(a) Foxconn Technology Co Ltd

7,098,762

61,000

(a) Fusheng Precision Co Ltd

479,780

91,000

(a) GFC Ltd

366,941

1,378,000

(a) Greatek Electronics, Inc

3,151,103

184,000

(a) ITE Technology, Inc

777,940

Quant International Small Cap Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

TAIWAN

(continued)

511,000

(a) King Yuan Electronics Co Ltd

$

3,582,836

1,106,000

(a) LuxNet Corp

7,286,354

17,000

(a) Parade Technologies Ltd

374,548

2,419,000

(a) Sigurd Microelectronics Corp

8,184,096

66,000

(a) Soft-World International Corp

218,658

37,000

(a) Taiwan-Sogo Shinkong Security Corp

48,981

1,235,000

(a) Tong Hsing Electronic Industries Ltd

5,016,900

755,000

(a) Tripod Technology Corp

8,349,685

285,000

(a) United Integrated Services Co Ltd

7,932,901

662,000

(a) Visual Photonics Epitaxy Co Ltd

2,961,605

385,000

(a) Wistron NeWeb Corp

1,562,261

33,000

(a) Wowprime Corp

231,336

448,000

(a) Yankey Engineering Co Ltd

6,681,849

TOTAL TAIWAN

91,602,358

THAILAND - 0.8%

2,386,000

(a) Bangkok Life Assurance PCL

1,328,283

285,600

(a) KCE Electronics PCL

224,987

833,000

(a) Kiatnakin Phatra Bank PCL

1,693,197

6,170,700

(a) Thai Life Insurance PCL

1,964,296

1,733,900

(a) Tisco Bank PCL

5,763,430

TOTAL THAILAND

10,974,193

TURKEY - 0.5%

3,589,387

(a),(c)

Mavi Giyim Sanayi Ve Ticaret AS.

3,437,090

335,735

(a) Torunlar Gayrimenkul Yatirim Ortakligi AS

612,726

8,285,331

(a) Turkiye Sigorta AS

2,433,153

TOTAL TURKEY

6,482,969

UNITED ARAB EMIRATES - 0.0%

454,357

(a) Alef Education Holding plc

119,853

368,857

(a) Dubai Financial Market PJSC

154,655

TOTAL UNITED ARAB EMIRATES

274,508

UNITED KINGDOM - 7.7%

325,393

(a) Allfunds Group PLC

2,473,553

6,105

(a) Breedon Group plc

27,637

1,104,010

British Land Co plc

5,513,931

247,555

(a) Chemring Group plc

1,866,133

5,061,294

(a) Coats Group plc

5,439,105

58,532

(a) Cohort plc

1,033,793

538,309

(a) Currys plc

993,583

170,386

(a) Hilton Food Group plc

1,441,504

462,856

(a) Hiscox Ltd

8,367,636

361,720

(a) Hunting plc

1,622,779

541,909

IG Group Holdings plc

7,932,231

544,659

(a) IntegraFin Holdings plc

2,593,964

59,286

(a) Johnson Service Group plc

105,611

47,003

(a) Keller Group plc

980,478

360,419

(a) Lancashire Holdings Ltd

3,164,918

2,549,279

Man Group plc

7,043,174

513,795

(a) Persimmon plc

8,165,801

564,222

(a) Pets at Home Group PLC

1,589,369

139,597

(a),(c)

Quilter plc

333,400

16,362

(a) Rathbone Brothers

383,517

415,015

(a) Redde Northgate plc

1,891,862

909,086

(a) Rightmove plc

7,982,187

1,646,281

(a) Rotork plc

7,411,317

2,049,991

(a) Serco Group plc

6,835,018

3,329,035

(a) Shaftesbury Capital plc

6,149,615

69,818

(a) Softcat plc

1,471,170

539,369

(a) Tate & Lyle plc

2,738,288

1,288,437

(a) TP ICAP Group plc

4,443,774

100,193

(a),(c)

Trustpilot Group plc

270,860

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

UNITED KINGDOM

(continued)

60,277

WH Smith plc

$

535,441

TOTAL UNITED KINGDOM

100,801,649

UNITED STATES - 1.1%

242,442

(a) Carnival plc

6,298,603

289,253

(a) MDA Ltd

5,646,677

475,132

(a) Riskified Ltd

2,247,375

TOTAL UNITED STATES

14,192,655

TOTAL COMMON STOCKS

(Cost $1,065,397,932)

1,291,635,569

SHARES

DESCRIPTION

VALUE

INVESTMENT COMPANIES - 1.4%

87,935

iShares Core MSCI Emerging Markets ETF

6,003,323

24,993

iShares MSCI Canada ETF

1,268,145

155,111

(b) iShares MSCI EAFE Small-Cap ETF

11,821,009

TOTAL INVESTMENT COMPANIES

(Cost $17,383,533)

19,092,477

TOTAL LONG-TERM INVESTMENTS

(Cost $1,082,781,465)

1,310,728,046

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.5%

19,839,464

(e) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(f)

19,839,464

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $19,839,464)

19,839,464

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.1%

REPURCHASE AGREEMENT - 0.1%

$

1,450,000

(g) Fixed Income Clearing Corporation

.150

11/03/25

1,450,000

TOTAL REPURCHASE AGREEMENT

1,450,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $1,450,000)

1,450,000

TOTAL INVESTMENTS - 101.1%

(Cost $1,104,070,929)

1,332,017,510

OTHER ASSETS & LIABILITIES, NET - (1.1)%

(15,020,427)

NET ASSETS - 100.0%

$

1,316,997,083

ADR

American Depositary Receipt

ETF

Exchange Traded Fund

GDR

Global Depositary Receipt

REIT

Real Estate Investment Trust

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $43,153,852.

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

which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $68,076,947 or 5.1% of Total

Investments.

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

(e) Investments made with cash collateral received from securities on loan.

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

(g) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $1,450,501 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

4.250% and maturity date 2/28/29, valued at $1,479,174.

International Responsible Equity

Portfolio of Investments October 31, 2025

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.0%

COMMON STOCKS - 99.0%

AUSTRALIA - 7.6%

525,309

Australia and New Zealand Banking Group

$

12,582,044

28,193

(a) Australian Stock Exchange Ltd

1,040,234

459,039

Brambles Ltd

7,459,184

12,852

(a) Cochlear Ltd

2,412,832

464,106

(a) Coles Group Ltd

6,693,593

211,138

Commonwealth Bank of Australia

23,690,738

237,214

Computershare Ltd

5,666,938

361,929

(a) Evolution Mining Ltd

2,561,214

598,783

Fortescue Metals Group Ltd

8,327,412

340,069

Goodman Group

7,334,668

1,011,699

(a) Insurance Australia Group Ltd

5,200,981

71,611

Macquarie Group Ltd

10,214,204

489,378

(a) QBE Insurance Group Ltd

6,349,471

28,331

(a) REA Group Ltd

3,947,555

72,623

Stockland Trust Group

300,251

478,298

(a) Suncorp-Metway Ltd

6,139,865

2,068,536

(a) Telstra Corp Ltd

6,608,632

838,005

Transurban Group

7,928,944

199,185

(a) Wesfarmers Ltd

10,932,459

76,442

WiseTech Global Ltd

3,447,685

306,183

Woolworths Ltd

5,688,572

TOTAL AUSTRALIA

144,527,476

AUSTRIA - 0.5%

86,064

Erste Bank der Oesterreichischen Sparkassen AG.

8,915,272

88,152

(a) Mondi plc

985,349

TOTAL AUSTRIA

9,900,621

BELGIUM - 0.6%

12,593

Dieteren S.A.

2,300,398

69,477

KBC Groep NV

8,358,736

TOTAL BELGIUM

10,659,134

CHILE - 0.4%

201,839

Antofagasta plc

7,407,968

TOTAL CHILE

7,407,968

CHINA - 1.3%

1,523,017

BOC Hong Kong Holdings Ltd

7,483,676

212,795

Prosus NV

14,708,061

1,103,939

Wilmar International Ltd

2,652,883

TOTAL CHINA

24,844,620

DENMARK - 2.6%

15,339

(a) Coloplast A.S.

1,387,327

42,276

DSV AS

9,022,048

16,708

(a) Genmab AS

4,765,586

362,003

Novo Nordisk A.S.

17,822,012

54,661

(a) Novozymes A.S.

3,266,520

291,509

(a) Orsted AS

5,220,706

377,212

(a) Vestas Wind Systems A.S.

7,714,778

TOTAL DENMARK

49,198,977

FINLAND - 2.0%

11,736

(a) Kesko Oyj (B Shares)

247,566

364,168

(a) Metso Outotec Oyj

5,971,988

247,804

Neste Oil Oyj

5,134,664

718,212

(a) Sampo Oyj

8,005,426

341,501

(a) Stora Enso Oyj (R Shares)

3,976,489

228,491

(a) UPM-Kymmene Oyj

6,130,939

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

FINLAND

(continued)

244,693

(a) Wartsila Oyj (B Shares)

$

8,005,645

TOTAL FINLAND

37,472,717

FRANCE - 7.9%

202,643

Alstom RGPT

5,067,611

283,676

AXA S.A.

12,308,249

110,931

Bouygues S.A.

5,007,215

124,386

(a) Bureau Veritas S.A.

4,087,627

313,744

(a) Carrefour S.A.

4,725,281

207,234

Cie Generale des Etablissements Michelin S.C.A

6,620,176

118,959

Danone

10,506,057

187,174

(a) Dassault Systemes SE

5,326,548

40,162

Eiffage S.A.

4,941,924

46,015

Essilor International S.A.

16,851,551

32,725

(a) Fonciere Des Regions

2,099,565

26,141

Gecina S.A.

2,429,317

4,636

Hermes International

11,471,592

23,623

Kering

8,388,926

58,736

(a) Legrand S.A.

10,142,985

32,702

(a) L'Oreal S.A.

13,646,914

68,141

Publicis Groupe S.A.

6,829,712

131,014

Rexel S.A.

4,542,907

154,023

Societe Generale

9,768,232

66,901

Unibail-Rodamco-Westfield

6,917,778

TOTAL FRANCE

151,680,167

GERMANY - 7.3%

32,654

(a) Adidas-Salomon AG.

6,174,296

50,498

Allianz AG.

20,292,197

88,207

Bayerische Motoren Werke AG.

8,224,847

35,836

Deutsche Boerse AG.

9,075,107

150,051

(a) Evonik Industries AG.

2,514,560

89,293

(a) GEA Group AG.

6,386,916

59,052

(a) Henkel KGaA

4,409,619

66,976

(a) Henkel KGaA (Preference)

5,425,919

42,469

(a) Knorr-Bremse AG.

3,951,654

33,911

(a) LEG Immobilien SE

2,584,501

52,793

Merck KGaA

6,915,545

120,418

SAP AG.

31,317,393

15,344

Sartorius AG.

4,221,564

95,232

Siemens AG.

26,988,482

48,312

(a),(b)

Zalando SE

1,353,827

TOTAL GERMANY

139,836,427

HONG KONG - 1.0%

217,785

(a) Hong Kong Exchanges and Clearing Ltd

11,869,911

911,002

(c) MTR Corp

3,342,182

2,114,000

Sino Land Co

2,625,874

232,257

Swire Pacific Ltd (Class A)

1,918,285

TOTAL HONG KONG

19,756,252

IRELAND - 1.0%

61,684

AerCap Holdings NV

8,033,724

58,396

Kerry Group plc (Class A)

5,327,044

72,278

Kingspan Group plc

5,412,053

TOTAL IRELAND

18,772,821

ISRAEL - 0.4%

404,756

Bank Hapoalim Ltd

8,209,527

TOTAL ISRAEL

8,209,527

ITALY - 2.2%

224,127

Assicurazioni Generali S.p.A.

8,627,968

113,934

Coca-Cola HBC AG.

5,170,102

2,276,351

Intesa Sanpaolo S.p.A.

14,671,854

85,353

Moncler S.p.A

5,120,271

International Responsible Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

ITALY

(continued)

81,344

(a) Prysmian S.p.A.

$

8,481,228

TOTAL ITALY

42,071,423

JAPAN - 23.1%

113,800

Advantest Corp

17,041,071

329,700

(a) Aeon Co Ltd

5,214,766

286,800

Ajinomoto Co, Inc

8,134,308

234,500

(a) Asahi Kasei Corp

1,796,767

238,100

Asics Corp

6,063,018

428,800

Astellas Pharma, Inc

4,488,518

180,264

Bridgestone Corp

7,869,447

603,100

Concordia Financial Group Ltd

4,381,060

100,054

Dai Nippon Printing Co Ltd

1,669,939

187,700

(a) Daifuku Co Ltd

5,983,272

332,200

Daiichi Sankyo Co Ltd

7,935,632

56,925

(a) Daikin Industries Ltd

6,613,547

188,319

(a) Daiwa House Industry Co Ltd

6,389,296

781,321

(a) Daiwa Securities Group, Inc

6,013,009

310,983

East Japan Railway Co

7,595,757

58,748

(a) Eisai Co Ltd

1,744,850

282,307

(a) Fanuc Ltd

9,420,986

32,064

Fast Retailing Co Ltd

11,771,327

339,000

FUJIFILM Holdings Corp

7,856,896

390,520

(a) Fujitsu Ltd

10,177,122

87,916

(a) Hankyu Hanshin Holdings, Inc

2,360,893

66,500

(a) Hoya Corp

10,801,729

382,900

(a) Ishikawajima-Harima Heavy Industries Co Ltd

7,927,596

327,400

(a) Isuzu Motors Ltd

4,017,290

565,056

KDDI Corp

9,007,190

119,200

Kikkoman Corp

949,194

256,183

Komatsu Ltd

8,569,564

547,291

(a) Kubota Corp

7,085,864

410,584

Mitsubishi Electric Corp

11,657,542

363,063

Mitsubishi Estate Co Ltd

7,693,986

746,983

Mitsui Fudosan Co Ltd

7,777,886

410,300

Mizuho Financial Group, Inc

13,743,188

318,105

(a) NEC Corp

11,553,585

353,500

(a),(c)

Nidec Corp

4,300,955

105,700

Nintendo Co Ltd

9,015,141

249,694

(a) Nippon Paint Co Ltd

1,588,309

314,400

(a) Nitto Denko Corp

7,830,086

1,075,200

(a) Nomura Holdings, Inc

7,672,734

110,400

(a) Nomura Research Institute Ltd

4,262,881

72,585

Obayashi Corp

1,227,952

269,353

Oriental Land Co Ltd

5,451,076

732,058

Panasonic Corp

8,505,947

370,900

(a) Rakuten, Inc

2,426,503

223,678

Recruit Holdings Co Ltd

11,091,730

604,700

(a) Renesas Electronics Corp

7,467,783

64,600

Secom Co Ltd

2,183,790

18,324

(a) Sekisui Chemical Co Ltd

317,450

42,363

Sekisui House Ltd

908,909

1,600

(a) Shin-Etsu Chemical Co Ltd

48,094

5,984,690

SoftBank Corp

8,504,232

124,600

Softbank Group Corp

21,863,377

257,778

Sompo Holdings, Inc

7,855,904

808,240

Sony Corp

22,509,144

808,240

(a) Sony Financial Holdings, Inc

815,006

144,832

Sumitomo Metal Mining Co Ltd

4,737,808

558,600

Sumitomo Mitsui Financial Group, Inc

15,123,419

304,169

Tokio Marine Holdings, Inc

11,343,426

72,300

Tokyo Electron Ltd

15,939,996

15,100

(a) Tokyu Corp

168,033

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

JAPAN

(continued)

813,140

(a) Toray Industries, Inc

$

4,978,392

128,518

(a) West Japan Railway Co

2,641,317

541,100

Yamaha Motor Co Ltd

3,898,497

81,698

(a) Yokogawa Electric Corp

2,443,951

1,221,400

(a) Z Holdings Corp

3,589,103

TOTAL JAPAN

442,017,040

LUXEMBOURG - 0.3%

78,539

(a) Eurofins Scientific SE

5,539,314

TOTAL LUXEMBOURG

5,539,314

NETHERLANDS - 4.8%

774,480

(a) Aegon NV

5,902,099

31,905

(a) Akzo Nobel NV

2,108,447

9,187

(a) Argenx SE

7,519,257

43,436

ASML Holding NV

45,925,289

207,429

(a) Koninklijke Ahold Delhaize NV

8,490,194

437,512

Koninklijke KPN NV

2,024,570

106,759

NN Group NV

7,306,036

22,282

(a) Randstad Holdings NV

873,251

241,033

Universal Music Group NV

6,464,982

40,476

Wolters Kluwer NV

4,961,772

TOTAL NETHERLANDS

91,575,897

NEW ZEALAND - 0.5%

985,676

Auckland International Airport Ltd

4,587,540

349,893

(a) Meridian Energy Ltd

1,184,518

35,478

(a) Xero Ltd

3,356,403

TOTAL NEW ZEALAND

9,128,461

NORWAY - 1.3%

286,490

DNB Bank ASA

7,312,779

117,271

(a) Gjensidige Forsikring ASA

3,156,025

269,217

Mowi ASA

5,918,201

398,344

Orkla ASA

4,045,706

353,669

Telenor ASA

5,259,601

TOTAL NORWAY

25,692,312

PORTUGAL - 0.4%

1,528,703

Energias de Portugal S.A.

7,599,397

TOTAL PORTUGAL

7,599,397

SINGAPORE - 1.2%

1,162,164

(a) Grab Holdings Ltd

6,984,606

854,019

Keppel Corp Ltd

6,678,725

734,505

Oversea-Chinese Banking Corp

9,608,352

TOTAL SINGAPORE

23,271,683

SPAIN - 3.5%

91,461

ACS Actividades de Construccion y Servicios S.A.

7,509,829

106,933

Amadeus IT Holding S.A.

8,174,033

864,317

Banco Bilbao Vizcaya Argentaria S.A.

17,412,592

158,177

(b) Cellnex Telecom S.A.

4,924,325

857,554

Iberdrola S.A.

17,379,395

192,843

(c) Industria de Diseno Textil S.A.

10,648,865

83,332

Redeia Corp S.A.

1,500,131

TOTAL SPAIN

67,549,170

SWEDEN - 3.8%

115,673

(a) Alfa Laval AB

5,497,669

243,473

(a) Assa Abloy AB

9,175,173

573,094

(a) Atlas Copco AB

9,602,794

479,802

(a) Atlas Copco AB

7,177,435

151,572

Boliden AB

6,796,861

67,463

(a) Epiroc AB

1,422,521

42,058

(a) Epiroc AB

784,910

191,406

(a) EQT AB

6,614,528

148,477

(a) Essity AB

4,078,311

22,793

(c) Hennes & Mauritz AB (B Shares)

430,471

International Responsible Equity

See Notes to Financial Statements

Portfolio of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

SWEDEN

(continued)

290,634

(a) Sandvik AB

$

8,788,618

30,955

(a) Svenska Cellulosa AB (B Shares)

412,325

555,951

Svenska Handelsbanken AB

7,254,787

1,027,227

(a),(c)

TeliaSonera AB

4,043,852

TOTAL SWEDEN

72,080,255

SWITZERLAND - 5.6%

236,280

ABB Ltd

17,566,831

1,305

(c) Barry Callebaut AG.

1,696,552

52,826

DSM-Firmenich AG.

4,305,789

4,565

(a) Geberit AG.

3,337,124

1,898

Givaudan S.A.

7,775,435

18,222

(a) Kuehne & Nagel International AG.

3,495,829

13,794

Lonza Group AG.

9,525,191

30,719

SGS S.A.

3,464,175

64,052

SIG Group AG.

716,149

29,496

Sika AG.

5,780,854

7,675

(a) Swiss Life Holding

8,330,845

6,791

(a) Swisscom AG.

4,974,562

448,239

UBS Group AG

17,152,005

11,084

(b) VAT Group AG.

4,843,895

21,700

Zurich Insurance Group AG

15,091,721

TOTAL SWITZERLAND

108,056,957

UNITED KINGDOM - 13.4%

190,397

3i Group plc

11,018,386

15,078

(a) Admiral Group plc

649,216

119,222

Ashtead Group plc

7,963,406

166,549

Associated British Foods plc

5,025,873

146,070

AstraZeneca plc

24,094,032

907,123

(a) Aviva plc

7,972,966

250,567

Barratt Developments plc

1,239,925

2,639,835

(a) BT Group plc

6,442,710

90,630

Bunzl plc

2,754,944

73,453

Coca-Cola Europacific Partners plc

6,524,830

293,449

Compass Group plc

9,713,109

57,248

(c) DCC plc

3,771,442

2,120,446

(a) HSBC Holdings plc

29,685,060

549,377

(a) Informa plc

6,995,387

955,767

(a) J Sainsbury plc

4,289,098

741,716

Kingfisher plc

3,008,089

2,073,619

(a) Legal & General Group plc

6,479,887

77,630

(a) London Stock Exchange Group plc

9,674,737

559,906

(a) Marks & Spencer Group plc

2,925,967

811,479

National Grid plc

12,167,398

329,763

(a) Pearson plc

4,589,647

411,748

(a) Phoenix Group Holdings plc

3,647,607

134,775

Reckitt Benckiser Group plc

10,308,811

269,204

RELX plc

11,897,841

464,418

(a) Schroders plc

2,317,503

237,334

Segro plc

2,177,863

199,308

Smiths Group plc

6,599,896

504,716

Standard Chartered plc

10,360,426

1,629,573

Tesco plc

9,833,937

308,322

Unilever plc

18,500,653

6,624,201

Vodafone Group plc

8,019,078

103,498

(a) Whitbread plc

3,940,191

628,730

WPP plc

2,375,763

TOTAL UNITED KINGDOM

256,965,678

UNITED STATES - 6.3%

97,114

(a) Alcon, Inc

7,238,391

72,326

CSL Ltd

8,428,604

71,177

(a) James Hardie Industries plc

1,499,040

300,284

Nestle S.A.

28,691,668

See Notes to Financial Statements

Investments in Derivatives

SHARES

DESCRIPTION

VALUE

UNITED STATES

(continued)

227,881

Novartis AG.

$

28,202,930

72,248

Schneider Electric S.A.

20,585,607

22,491

(a) Spotify Technology S.A.

14,738,802

58,295

Swiss Re AG.

10,644,780

TOTAL UNITED STATES

120,029,822

TOTAL COMMON STOCKS

(Cost $1,378,623,511)

1,893,844,116

TOTAL LONG-TERM INVESTMENTS

(Cost $1,378,623,511)

1,893,844,116

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.8%

15,171,264

(d) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(e)

15,171,264

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $15,171,264)

15,171,264

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.1%

GOVERNMENT AGENCY DEBT - 0.1%

$

2,805,000

Federal Farm Credit Discount Notes

.000

12/23/25

2,789,308

TOTAL GOVERNMENT AGENCY DEBT

2,789,308

TOTAL SHORT-TERM INVESTMENTS

(Cost $2,789,117)

2,789,308

TOTAL INVESTMENTS - 99.9%

(Cost $1,396,583,892)

1,911,804,688

OTHER ASSETS & LIABILITIES, NET - 0.1%

2,071,748

NET ASSETS - 100.0%

$

1,913,876,436

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

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

which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $11,122,045 or 0.6% of Total

Investments.

(c) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $26,550,678.

(d) Investments made with cash collateral received from securities on loan.

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

Futures Contracts - Long

Description

Number of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

MSCI EAFE Index

12/19/25

$

8,165,810

$

8,140,590

$

(25,220)

Statement of Assets and Liabilities

See Notes to Financial Statements

October 31, 2025

2.1 Core Equity

2.2 Large Cap Growth

2.3 Large Cap Value

ASSETS

Long-term investments, at value

\*†

$

7,256,094,129

$

6,682,067,827

$

6,178,650,675

Affiliated investments, at value

‡

–

–

–

Short-term investments, at value

#

16,039,033

16,033,989

22,777,989

Investments purchased with collateral from securities lending, at value (cost

approximates value)

6,153,167

553,756

28,550

Cash

1,321

624,212

Cash denominated in foreign currencies

^

–

–

–

Cash collateral at brokers for investments in futures contracts

–

–

–

Receivables:

Dividends

1,730,079

136,063

3,337,354

Interest

1,217

1,274

2,051

Investments sold

4,337,048

170,487,754

6,607,434

Reclaims

109,816

376,734

211,492

Reimbursement from Adviser

847,549

1,001,847

861,171

Shares sold

171,078

1,315,627

2,496,121

Variation margin on futures contracts

–

–

–

Other

1,292,386

911,013

1,319,549

Total assets

7,286,776,823

6,872,885,994

6,216,916,598

LIABILITIES

Due to affiliates

19,121

18,244

19,405

Payables:

Management fees

2,370,182

2,210,726

2,076,513

Collateral from securities lending

6,153,167

553,756

28,550

Capital gain taxes

–

–

–

Interest

–

2,262

–

Investments purchased - regular settlement

–

23,466,201

–

Shares redeemed

4,637,117

3,974,517

12,501,444

Service agreement fees

225,297

91,120

217,614

Accrued expenses:

Custodian fees

43,612

65,938

52,470

Professional fees

36,461

35,953

37,024

Shareholder reporting expenses

37,540

30,635

28,930

Shareholder servicing agent fees

143,425

139,714

21,551

Trustees fees

1,260,868

720,900

1,301,255

12b-1 distribution and service fees

422,217

353,947

42,390

Other

6,947

5,852

3,904

Total liabilities

15,355,954

31,669,765

16,331,050

Net assets

$

7,271,420,869

$

6,841,216,229

$

6,200,585,548

NET ASSETS CONSIST OF:

Paid-in capital

$

3,504,974,867

$

1,772,326,942

$

3,172,026,557

Total distributable earnings (loss)

3,766,446,002

5,068,889,287

3,028,558,991

Net assets

$

7,271,420,869

$

6,841,216,229

$

6,200,585,548

\*

Includes securities loaned of

$

5,920,700

$

15,923,660

$

28,243

†

Long-term investments, cost

$

4,198,456,941

$

2,390,873,656

$

3,611,971,776

‡

Affiliated investments, cost

$

–

$

–

$

–

#

Short-term investments, cost

$

16,039,392

$

16,034,356

$

22,778,356

^

Cash denominated in foreign currencies, cost

$

–

$

–

$

–

See Notes to Financial Statements

2.4 Quant Mid Cap

Growth

2.5 Mid Cap Value

2.6 Quant Small Cap

Equity

2.7 Quant Small/Mid

Cap Equity

2.8 Large Cap

Responsible Equity

3.01 Emerging Markets

Equity

3.1 International Equity

$

782,011,756

$

1,572,824,743

$

3,360,223,218

$

1,938,601,410

$

6,547,202,514

$

1,739,219,899

$

5,394,147,675

–

–

–

–

10,588,000

–

–

772,000

1,503,000

23,174,028

9,904,000

46,470,317

12,107,028

7,424,000

58,746,005

100,868,585

295,561,549

16,714,240

–

5,824,193

126,210,483

1,381

847

1,569

178,943

844,545

–

–

–

–

–

1,232,417

–

–

–

–

–

10,669

–

–

121,453

1,007,922

736,182

432,664

4,304,122

893,436

13,769,018

2,098

1,142

1,334

823

856

–

–

44,995,890

–

–

39,091,466

217,402,366

–

–

–

–

–

1,575

21,837,004

–

4,761

101,565

206,199

1,775

1,277,038

1,177,272

47,318

112,607

1,021,878

519,152

1,188,697

1,075,360

207,971

–

–

128,106

–

97,821

–

–

559,145

1,813,341

1,005,559

95,230

769,085

230,448

1,543,111

842,257,934

1,678,136,513

3,726,950,379

1,966,474,884

6,610,635,903

1,801,132,626

5,784,564,301

10,321

11,524

14,853

12,509

17,506

12,878

19,653

316,496

596,765

1,137,320

677,696

834,050

1,251,299

2,339,140

58,746,005

100,868,585

295,561,549

16,714,240

–

5,824,193

126,210,483

–

–

–

–

–

12,836,600

–

–

–

–

22,535

13,656

–

–

–

10,903,648

–

–

24,735,800

–

384,226

819,566

22,672,066

805,117

2,939,368

2,316,348

216,521,447

50,286

101,293

125,775

201,786

254,208

11,757

72,423

18,968

16,026

42,936

22,354

50,330

411,339

258,802

37,482

38,316

30,797

35,942

31,216

48,699

43,587

17,274

22,004

24,568

15,607

39,144

16,454

25,398

24,375

29,163

30,221

36,175

64,343

2,220

52,172

504,391

1,127,401

738,822

51,803

787,649

199,225

1,556,456

38,164

45,849

42,326

6,704

169,340

2,464

65,413

3,864

1,850

2,575

2,733

460,280

20,736

30,286

60,152,260

103,678,342

331,327,456

18,582,666

5,669,969

47,703,668

347,195,260

$

782,105,674

$

1,574,458,171

$

3,395,622,923

$

1,947,892,218

$

6,604,965,934

$

1,753,428,958

$

5,437,369,041

$

613,394,587

$

1,121,693,556

$

2,323,461,830

$

1,392,499,671

$

2,794,027,137

$

1,612,819,529

$

2,648,056,979

168,711,087

452,764,615

1,072,161,093

555,392,547

3,810,938,797

140,609,429

2,789,312,062

$

782,105,674

$

1,574,458,171

$

3,395,622,923

$

1,947,892,218

$

6,604,965,934

$

1,753,428,958

$

5,437,369,041

$

58,803,606

$

106,133,492

$

315,343,525

$

40,891,294

$

–

$

25,929,975

$

120,446,553

$

680,761,256

$

1,229,633,550

$

2,546,380,202

$

1,531,619,532

$

3,153,787,424

$

1,223,809,274

$

3,170,206,134

$

–

$

–

$

–

$

–

$

5,657,305

$

–

$

–

$

772,000

$

1,503,000

$

23,173,689

$

9,904,000

$

46,462,985

$

12,106,689

$

7,424,000

$

–

$

–

$

–

$

–

$

–

$

1,232,417

$

–

Statement of Assets and Liabilities

(continued)

See Notes to Financial Statements

(continued)

(continued)

Statement of Assets and Liabilities

(continued)

October 31, 2025

2.1 Core Equity

2.2 Large Cap Growth

2.3 Large Cap Value

CLASS A:

Net assets

$

2,024,248,878

$

1,707,293,693

$

173,252,672

Shares outstanding

66,666,048

50,706,588

7,417,744

Net asset value ("NAV") per share

$

.36

$

.67

$

.36

Maximum sales charge

5.75%

5.75%

5.75%

Offering price per share (NAV per share plus maximum sales charge)

$

.21

$

.72

$

.79

CLASS I:

Net assets

$

13,932,199

$

14,292,269

$

26,147,401

Shares outstanding

814,963

421,194

1,047,367

NAV and offering price per share

$

.10

$

.93

$

.96

PREMIER CLASS:

Net assets

$

12,179,644

$

5,585,346

$

43,881,165

Shares outstanding

710,651

164,497

1,760,416

NAV and offering price per share

$

.14

$

.95

$

.93

CLASS R6:

Net assets

$

1,987,792,134

$

1,872,149,802

$

2,551,576,972

Shares outstanding

116,408,058

55,129,189

102,124,082

NAV and offering price per share

$

.08

$

.96

$

.99

RETIREMENT CLASS:

Net assets

$

1,076,048,990

$

438,742,961

$

1,000,430,917

Shares outstanding

60,563,869

13,099,833

40,309,594

NAV and offering price per share

$

.77

$

.49

$

.82

CLASS W:

Net assets

$

2,157,219,024

$

2,803,152,158

$

2,405,296,421

Shares outstanding

126,454,750

82,344,323

96,039,078

NAV and offering price per share

$

.06

$

.04

$

.04

Authorized shares - per class

Unlimited

Unlimited

Unlimited

Par value per share

$

.0001

$

.0001

$

.0001

See Notes to Financial Statements

2.4 Quant Mid Cap

Growth

2.5 Mid Cap Value

2.6 Quant Small Cap

Equity

2.7 Quant Small/Mid

Cap Equity

2.8 Large Cap

Responsible Equity

3.01 Emerging Markets

Equity

3.1 International Equity

$

170,534,736

$

197,916,796

$

168,994,627

$

31,419,205

$

777,877,194

$

7,499,766

$

277,796,709

7,733,312

10,989,480

8,712,957

1,875,997

30,539,779

721,334

27,971,137

$

.05

$

.01

$

.40

$

.75

$

.47

$

.40

$

.93

5.75%

5.75%

5.75%

5.75%

5.75%

5.75%

5.75%

$

.40

$

.11

$

.58

$

.77

$

.02

$

.03

$

.54

$

257,982

$

3,273,113

$

64,525,180

$

127,470,582

$

59,648,893

$

165,304

$

6,254,160

11,059

172,443

3,104,114

7,521,076

1,948,097

15,822

358,938

$

.33

$

.98

$

.79

$

.95

$

.62

$

.45

$

.42

$

12,459,919

$

30,053,174

$

55,121,801

$

889,315

$

44,458,878

$

7,181,876

$

55,942,289

537,719

1,581,751

2,676,344

52,110

1,457,387

686,781

3,294,638

$

.17

$

.00

$

.60

$

.07

$

.51

$

.46

$

.98

$

365,671,169

$

872,189,140

$

2,282,795,673

$

254,948,484

$

4,522,966,437

$

159,087,280

$

2,475,856,269

15,559,439

45,793,271

109,767,322

15,054,564

147,525,272

15,227,608

145,578,082

$

.50

$

.05

$

.80

$

.93

$

.66

$

.45

$

.01

$

233,181,868

$

471,025,948

$

586,824,089

$

975,012,636

$

1,200,014,532

$

56,530,495

$

341,048,460

10,517,993

25,027,693

29,611,756

58,165,267

38,284,457

5,444,408

19,209,807

$

.17

$

.82

$

.82

$

.76

$

.34

$

.38

$

.75

$

–

$

–

$

237,361,553

$

558,151,996

$

–

$

1,522,964,237

$

2,280,471,154

–

–

11,406,313

32,819,569

–

144,503,572

133,192,632

$

–

$

–

$

.81

$

.01

$

–

$

.54

$

.12

Unlimited

Unlimited

Unlimited

Unlimited

Unlimited

Unlimited

Unlimited

$

.0001

$

.0001

$

.0001

$

.0001

$

.0001

$

.0001

$

.0001

Statement of Assets and Liabilities

(continued)

See Notes to Financial Statements

(continued)

Statement of Assets and Liabilities

(continued)

October 31, 2025

3.2 International Opportunities

3.3 Quant International Small

Cap Equity

3.4 International Responsible

Equity

ASSETS

Long-term investments, at value

\*†

$

2,699,157,609

$

1,310,728,046

$

1,893,844,116

Short-term investments, at value

#

91,346,787

1,450,000

2,789,308

Investments purchased with collateral from securities lending, at value (cost

approximates value)

60,513

19,839,464

15,171,264

Cash

1,138

–

Cash denominated in foreign currencies

^

271,873

1,229,759

215,731

Cash collateral at brokers for investments in futures contracts

–

–

247,701

Receivables:

Dividends

1,758,927

3,605,897

4,200,955

Interest

3,061

–

Investments sold

31,771

9,544,324

8,699,884

Reclaims

5,029,333

1,182,852

5,004,327

Reimbursement from Adviser

1,243,147

733,295

113,437

Shares sold

27,035,827

1,150,297

1,050,121

Other

130,380

129,286

45,482

Total assets

2,826,069,327

1,349,594,525

1,931,382,326

LIABILITIES

Due to affiliates

13,915

12,401

11,539

Cash overdraft

–

–

4,065

Payables:

Management fees

1,307,781

722,514

483,970

Collateral from securities lending

60,513

19,839,464

15,171,264

Capital gain taxes

26,883

1,270,995

–

Interest

–

–

Investments purchased - regular settlement

19,768,128

9,600,789

–

Shares redeemed

162,976

631,014

1,342,245

Service agreement fees

15,443

4,358

190,111

Variation margin on futures contracts

–

–

22,330

Accrued expenses:

Custodian fees

138,643

369,955

90,084

Professional fees

42,477

45,739

44,386

Shareholder reporting expenses

11,102

14,795

8,534

Shareholder servicing agent fees

21,268

718

15,392

Trustees fees

179,451

58,047

39,422

12b-1 distribution and service fees

7,288

8,964

Other

15,762

26,205

73,584

Total liabilities

21,771,630

32,597,442

17,505,890

Net assets

$

2,804,297,697

$

1,316,997,083

$

1,913,876,436

NET ASSETS CONSIST OF:

Paid-in capital

$

2,483,445,784

$

1,004,510,299

$

1,341,095,433

Total distributable earnings (loss)

320,851,913

312,486,784

572,781,003

Net assets

$

2,804,297,697

$

1,316,997,083

$

1,913,876,436

\*

Includes securities loaned of

$

$

43,153,852

$

26,550,678

†

Long-term investments, cost

$

1,907,465,540

$

1,082,781,465

$

1,378,623,511

#

Short-term investments, cost

$

91,337,234

$

1,450,000

$

2,789,117

^

Cash denominated in foreign currencies, cost

$

271,880

$

1,229,824

$

216,599

See Notes to Financial Statements

October 31, 2025

3.2 International Opportunities

3.3 Quant International Small

Cap Equity

3.4 International Responsible

Equity

CLASS A:

Net assets

$

32,435,920

$

1,702,514

$

41,484,857

Shares outstanding

1,823,603

123,041

2,587,564

Net asset value ("NAV") per share

$

.79

$

.84

$

.03

Maximum sales charge

5.75%

5.75%

5.75%

Offering price per share (NAV per share plus maximum sales charge)

$

.88

$

.68

$

.01

CLASS I:

Net assets

$

21,970,426

$

190,051

$

15,024,541

Shares outstanding

1,231,481

13,752

932,197

NAV and offering price per share

$

.84

$

.82

$

.12

PREMIER CLASS:

Net assets

$

2,885,484

$

102,745

$

714,482

Shares outstanding

161,309

7,327

44,261

NAV and offering price per share

$

.89

$

.02

$

.14

CLASS R6:

Net assets

$

172,819,583

$

80,036,724

$

970,826,375

Shares outstanding

9,671,928

5,787,016

60,195,271

NAV and offering price per share

$

.87

$

.83

$

.13

RETIREMENT CLASS:

Net assets

$

72,946,015

$

25,735,590

$

885,826,181

Shares outstanding

4,103,481

1,865,061

55,244,544

NAV and offering price per share

$

.78

$

.80

$

.03

CLASS W:

Net assets

$

2,501,240,269

$

1,209,229,459

$

–

Shares outstanding

139,082,248

86,792,082

–

NAV and offering price per share

$

.98

$

.93

$

–

Authorized shares - per class

Unlimited

Unlimited

Unlimited

Par value per share

$

.0001

$

.0001

$

.0001

Statement of Operations

See Notes to Financial Statements

Year Ended October 31, 2025

2.1 Core Equity

2.2 Large Cap Growth

2.3 Large Cap Value

INVESTMENT INCOME

Affiliated income

$

1,710,919

$

772,847

$

559,410

Dividends from unaffiliated investments

78,995,922

32,079,734

122,629,812

Dividends from affiliated investments

–

–

–

Interest

1,763,972

966,349

950,919

Securities lending income, net

–

1,324,684

8,218

Tax withheld

–

(292,160)

(299,113)

Total investment income

82,470,813

34,851,454

123,849,246

EXPENSES

Management fees

26,780,831

24,711,436

25,564,306

12b-1 distribution and service fees —

Class A

4,665,218

3,825,580

418,921

12b-1 distribution and service fees —

Premier Class

16,084

6,874

72,062

Shareholder servicing agent fees —

Class A

706,684

671,474

98,362

Shareholder servicing agent fees —

Class I

5,156

686

698

Shareholder servicing agent fees —

Premier Class

Shareholder servicing agent fees —

Class R6

2,195

3,878

2,634

Shareholder servicing agent fees —

Retirement Class

2,119,588

1,040,538

2,761,434

Shareholder servicing agent fees —

Class W

1,611

1,840

1,646

Administrative service fees

80,327

75,567

80,628

Trustees fees

70,114

63,282

76,104

Custodian expenses

52,229

81,948

107,718

Overdraft expense

1,635

58,551

Professional fees

45,855

44,691

44,400

Registration fees

41,394

52,760

40,869

Shareholder reporting expenses

113,703

130,772

155,487

Other

55,866

61,596

82,321

Total expenses

34,758,636

30,831,607

29,507,784

Expenses reimbursed by the investment adviser

(8,715,437)

(10,146,050)

(8,971,038)

Net expenses

26,043,199

20,685,557

20,536,746

Net investment income (loss)

56,427,614

14,165,897

103,312,500

REALIZED AND UNREALIZED GAIN (LOSS)

Realized gain (loss) from:

Investments

\*

797,956,464

865,530,445

445,693,455

Futures contracts

–

–

–

Foreign currency transactions

15,546

(25,086)

Net realized gain (loss)

797,972,010

865,505,359

445,693,902

Change in unrealized appreciation (depreciation) on:

Investments

‡

268,857,950

672,683,892

161,818,805

Affiliated investments

–

–

–

Futures contracts

–

–

–

Foreign currency translations

(1,373)

24,414

1,124

Net change in unrealized appreciation (depreciation)

268,856,577

672,708,306

161,819,929

Net realized and unrealized gain (loss)

1,066,828,587

1,538,213,665

607,513,831

Net increase (decrease) in net assets from operations

$

1,123,256,201

$

1,552,379,562

$

710,826,331

\* Net of foreign capital gains tax

$

–

$

–

$

–

‡

&nbsp;&nbsp;&nbsp;&nbsp;Net of change in foreign capital gains tax

$

–

$

–

$

–

See Notes to Financial Statements

2.4 Quant Mid Cap

Growth

2.5 Mid Cap Value

2.6 Quant Small Cap

Equity

2.7 Quant Small/Mid

Cap Equity

2.8 Large Cap

Responsible Equity

3.01 Emerging Markets

Equity

3.1 International Equity

$

52,227

$

167,824

$

–

$

–

$

–

$

662,740

$

499,638

5,033,753

37,601,854

37,607,047

21,577,188

84,260,434

38,856,620

184,655,152

–

–

–

–

169,260

–

–

64,911

420,234

1,272,598

264,130

1,844,637

1,788,962

1,855,726

30,591

56,449

1,397,845

115,883

4,112

156,806

138,094

(15,684)

(16,019)

(241,915)

(59,585)

(148,985)

(4,342,160)

(12,008,217)

5,165,798

38,230,342

40,035,575

21,897,616

86,129,458

37,122,968

175,140,393

4,138,802

7,625,778

13,466,074

6,688,620

9,962,122

14,074,345

28,893,224

422,123

492,132

382,017

63,998

1,845,419

15,612

622,751

18,762

44,390

72,250

518

59,675

9,140

77,159

113,807

134,310

136,521

20,353

283,538

7,870

221,121

4,008

8,068

102,407

15,883

3,124

1,057

2,963

2,355

3,262

30,942

11,236

2,436

608,169

1,212,536

1,381,055

1,843,401

2,924,200

124,452

810,113

–

–

723

786

–

1,683

2,544

44,062

49,770

64,922

52,258

85,372

50,805

75,759

8,946

19,137

37,660

16,103

76,211

17,681

68,697

22,897

19,056

52,959

28,636

60,763

560,898

311,280

6,258

704

1,756

25,342

40,040

11,990

39,055

40,327

35,198

40,006

41,833

71,626

51,049

32,404

31,636

35,212

40,344

20,273

33,259

37,606

84,861

117,907

103,706

68,774

107,968

46,084

115,429

26,297

28,425

43,491

28,698

869,568

82,124

144,049

5,569,687

9,821,914

15,823,975

9,027,676

16,390,460

15,136,253

31,448,425

–

–

(1,737,043)

(2,415,134)

–

(12,884,396)

(15,373,306)

5,569,687

9,821,914

14,086,932

6,612,542

16,390,460

2,251,857

16,075,119

(403,889)

28,408,428

25,948,643

15,285,074

69,738,998

34,871,111

159,065,274

213,911,844

102,381,458

280,040,949

146,327,091

632,560,863

37,758,578

945,251,234

–

–

2,507,439

–

1,169,107

–

–

(29,474)

1,099

(88,014)

2,698

(2,105,474)

(2,306,976)

213,882,370

102,382,557

282,460,374

146,329,789

633,730,310

35,653,104

942,944,258

(99,478,311)

(36,002,947)

185,023,614

120,275,578

337,426,102

344,491,639

374,762,928

–

–

–

–

1,410,280

–

–

–

–

640,572

–

1,512,172

–

–

837

–

–

–

–

(316,212)

1,614,619

(99,477,474)

(36,002,947)

185,664,186

120,275,578

340,348,554

344,175,427

376,377,547

114,404,896

66,379,610

468,124,560

266,605,367

974,078,864

379,828,531

1,319,321,805

$

114,001,007

$

94,788,038

$

494,073,203

$

281,890,441

$

1,043,817,862

$

414,699,642

$

1,478,387,079

$

–

$

–

$

–

$

–

$

–

$

3,014,524

$

–

$

–

$

–

$

–

$

–

$

–

$

1,740,800

$

–

Statement of Operations

(continued)

See Notes to Financial Statements

(continued)

(continued)

Statement of Operations

(continued)

Year Ended October 31, 2025

3.2 International

Opportunities

3.3 Quant International

Small Cap Equity

3.4 International

Responsible Equity

INVESTMENT INCOME

Affiliated income

$

190,296

$

–

$

–

Dividends

45,999,152

47,204,271

53,163,469

Interest

2,139,613

47,739

780,987

Securities lending income, net

124,098

1,016,624

147,885

Tax withheld

(4,615,992)

(5,045,575)

(3,402,869)

Total investment income

43,837,167

43,223,059

50,689,472

EXPENSES

Management fees

13,883,388

8,023,450

5,168,347

12b-1 distribution and service fees —

Class A

81,023

2,841

92,679

12b-1 distribution and service fees —

Premier Class

3,970

1,040

Shareholder servicing agent fees —

Class A

51,010

1,150

66,163

Shareholder servicing agent fees —

Class I

14,724

Shareholder servicing agent fees —

Premier Class

Shareholder servicing agent fees —

Class R6

4,386

Shareholder servicing agent fees —

Retirement Class

178,784

25,043

1,996,318

Shareholder servicing agent fees —

Class W

2,096

1,517

–

Administrative service fees

53,170

48,964

49,316

Trustees fees

25,149

13,174

18,275

Custodian expenses

202,395

439,540

107,474

Overdraft expense

5,458

31,545

–

Professional fees

46,722

49,009

46,386

Registration fees

47,527

24,771

34,419

Shareholder reporting expenses

58,948

41,118

74,294

Other

62,138

131,842

248,043

Total expenses

14,716,991

8,834,526

7,907,299

Expenses reimbursed by the investment adviser

(12,714,318)

(8,140,607)

(817,318)

Net expenses

2,002,673

693,919

7,089,981

Net investment income (loss)

41,834,494

42,529,140

43,599,491

REALIZED AND UNREALIZED GAIN (LOSS)

Realized gain (loss) from:

Investments

\*

226,627,485

140,529,864

30,222,228

Futures contracts

–

–

2,945,454

Foreign currency transactions

21,700

(356,796)

103,119

Net realized gain (loss)

226,649,185

140,173,068

33,270,801

Change in unrealized appreciation (depreciation) on:

Investments

‡

161,011,787

141,374,329

264,665,587

Futures contracts

–

–

333,031

Foreign currency translations

396,122

125,430

389,333

Net change in unrealized appreciation (depreciation)

161,407,909

141,499,759

265,387,951

Net realized and unrealized gain (loss)

388,057,094

281,672,827

298,658,752

Net increase (decrease) in net assets from operations

$

429,891,588

$

324,201,967

$

342,258,243

\* Net of foreign capital gains tax

$

–

$

1,906,951

$

–

‡

&nbsp;&nbsp;&nbsp;&nbsp;Net of change in foreign capital gains tax

$

13,216

$

837,444

$

–

Statement of Changes in Net Assets

See Notes to Financial Statements

2.1 Core Equity

2.2 Large Cap Growth

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

OPERATIONS

Net investment income (loss)

$

56,427,614

$

64,370,130

$

14,165,897

$

19,982,663

Net realized gain (loss)

797,972,010

600,742,493

865,505,359

444,807,029

Net change in unrealized appreciation

(depreciation)

268,856,577

1,432,668,793

672,708,306

1,539,348,967

Net increase (decrease) in net assets from

operations

1,123,256,201

2,097,781,416

1,552,379,562

2,004,138,659

DISTRIBUTIONS TO SHAREHOLDERS

–

–

–

–

Dividends:

Class A

(111,847,492)

(193,383,039)

(90,841,966)

–

Class I

(838,190)

(828,891)

(403,114)

(6,245)

Premier Class

(911,923)

(1,294,600)

(228,085)

(1,605)

Class R6

(194,918,733)

(308,267,697)

(113,562,836)

(3,464,317)

Retirement Class

(64,564,196)

(88,664,618)

(26,256,946)

(60,378)

Class W

(244,213,743)

(444,236,620)

(169,051,703)

(15,194,214)

Total distributions

(617,294,277)

(1,036,675,465)

(400,344,650)

(18,726,759)

FUND SHARE TRANSACTIONS

Subscriptions

957,533,148

359,394,814

551,708,377

493,730,355

Reinvestments of distributions

578,366,089

986,852,215

395,691,993

18,633,165

Redemptions

(1,254,731,102)

(1,101,286,826)

(1,471,525,705)

(1,403,617,968)

Net increase (decrease) from Fund share

transactions

281,168,135

244,960,203

(524,125,335)

(891,254,448)

Net increase (decrease) in net assets

787,130,059

1,306,066,154

627,909,577

1,094,157,452

Net assets at the beginning of period

6,484,290,810

5,178,224,656

6,213,306,652

5,119,149,200

Net assets at the end of period

$

7,271,420,869

$

6,484,290,810

$

6,841,216,229

$

6,213,306,652

See Notes to Financial Statements

2.3 Large Cap Value

2.4 Quant Mid Cap Growth

2.5 Mid Cap Value

2.6 Quant Small Cap Equity

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

$

103,312,500

$

102,971,915

$

(403,889)

$

506,440

$

28,408,428

$

25,715,753

$

25,948,643

$

27,575,310

445,693,902

167,787,372

213,882,370

10,303,456

102,382,557

174,299,443

282,460,374

361,817,920

161,819,929

1,224,575,872

(99,477,474)

196,732,157

(36,002,947)

296,437,603

185,664,186

536,741,743

710,826,331

1,495,335,159

114,001,007

207,542,053

94,788,038

496,452,799

494,073,203

926,134,973

–

–

–

–

–

–

–

–

(6,331,415)

(12,355,241)

–

–

(13,551,095)

(2,755,294)

(17,751,331)

(2,671,939)

(20,499)

(51,877)

–

(201)

(388,492)

(6,682)

(264,965)

(18,516)

(1,898,891)

(3,235,367)

–

–

(1,931,787)

(496,870)

(5,081,151)

(759,812)

(125,309,558)

(170,542,963)

–

(1,033,192)

(75,195,069)

(17,175,894)

(250,566,587)

(36,802,600)

(40,165,816)

(43,412,797)

–

–

(30,687,682)

(5,890,324)

(61,785,181)

(7,831,860)

(94,026,972)

(182,818,866)

–

–

–

–

(53,347,247)

(13,251,363)

(267,753,151)

(412,417,111)

–

(1,033,393)

(121,754,125)

(26,325,064)

(388,796,462)

(61,336,090)

591,158,384

1,606,170,380

22,783,474

28,470,764

94,547,443

83,893,219

364,791,173

451,471,038

267,185,653

410,535,105

–

1,033,201

121,245,529

26,210,250

388,056,584

61,220,061

(1,992,398,971)

(720,692,454)

(295,977,521)

(195,165,995)

(462,509,060)

(246,429,831)

(897,615,994)

(355,714,803)

(1,134,054,934)

1,296,013,031

(273,194,047)

(165,662,030)

(246,716,088)

(136,326,362)

(144,768,237)

156,976,296

(690,981,754)

2,378,931,079

(159,193,040)

40,846,630

(273,682,175)

333,801,373

(39,491,496)

1,021,775,179

6,891,567,302

4,512,636,223

941,298,714

900,452,084

1,848,140,346

1,514,338,973

3,435,114,419

2,413,339,240

$

6,200,585,548

$

6,891,567,302

$

782,105,674

$

941,298,714

$

1,574,458,171

$

1,848,140,346

$

3,395,622,923

$

3,435,114,419

Statement of Changes in Net Assets

(continued)

See Notes to Financial Statements

(continued)

(continued)

(continued)

Statement of Changes in Net Assets

(continued)

2.7 Quant Small/Mid Cap Equity

2.8 Large Cap Responsible Equity

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

OPERATIONS

Net investment income (loss)

$

15,285,074

$

12,912,619

$

69,738,998

$

77,164,182

Net realized gain (loss)

146,329,789

170,468,534

633,730,310

729,152,171

Net change in unrealized appreciation

(depreciation)

120,275,578

205,667,292

340,348,554

1,018,253,660

Net increase (decrease) in net assets from

operations

281,890,441

389,048,445

1,043,817,862

1,824,570,013

DISTRIBUTIONS TO SHAREHOLDERS

–

–

–

–

Dividends:

Class A

(2,826,834)

(498,255)

(115,489,269)

(37,955,578)

Class I

(14,950,595)

(952,120)

(4,422,239)

(2,616,609)

Premier Class

(18,609)

(3,265)

(5,139,062)

(2,231,223)

Class R6

(13,340,549)

(2,252,864)

(667,326,601)

(247,051,985)

Retirement Class

(69,674,593)

(8,753,062)

(108,705,819)

(40,974,140)

Class W

(67,581,649)

(18,751,724)

–

–

Total distributions

(168,392,829)

(31,211,290)

(901,082,990)

(330,829,535)

FUND SHARE TRANSACTIONS

Subscriptions

563,519,743

250,000,407

1,612,807,875

334,817,993

Reinvestments of distributions

164,053,948

30,389,759

856,925,121

312,665,542

Redemptions

(270,144,177)

(266,799,812)

(2,241,691,253)

(1,338,201,230)

Net increase (decrease) from Fund share

transactions

457,429,514

13,590,354

228,041,743

(690,717,695)

Net increase (decrease) in net assets

570,927,126

371,427,509

370,776,615

803,022,783

Net assets at the beginning of period

1,376,965,092

1,005,537,583

6,234,189,319

5,431,166,536

Net assets at the end of period

$

1,947,892,218

$

1,376,965,092

$

6,604,965,934

$

6,234,189,319

See Notes to Financial Statements

3.01 Emerging Markets Equity

3.1 International Equity

3.2 International Opportunities

3.3 Quant International Small Cap Equity

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

$

34,871,111

$

38,771,323

$

159,065,274

$

177,551,548

$

41,834,494

$

41,283,966

$

42,529,140

$

35,805,322

35,653,104

35,415,264

942,944,258

37,753,621

226,649,185

39,198,022

140,173,068

107,950,643

344,175,427

241,247,004

376,377,547

1,010,188,055

161,407,909

368,195,283

141,499,759

129,828,643

414,699,642

315,433,591

1,478,387,079

1,225,493,224

429,891,588

448,677,271

324,201,967

273,584,608

–

–

–

–

–

–

–

–

(126,543)

(208,705)

(8,868,457)

(9,445,093)

(375,143)

(347,356)

(25,004)

(24,393)

(2,731)

(3,551)

(72,063)

(55,344)

(360,025)

(390,900)

(4,520)

(2,565)

(134,430)

(153,946)

(1,111,592)

(1,278,590)

(33,582)

(29,056)

(2,375)

(2,151)

(4,654,687)

(6,946,603)

(62,056,887)

(69,281,091)

(2,071,673)

(1,741,005)

(2,377,502)

(2,093,206)

(1,119,941)

(2,025,782)

(6,571,696)

(7,334,328)

(876,499)

(886,690)

(205,844)

(213,678)

(49,614,725)

(55,912,001)

(101,169,246)

(106,658,498)

(43,567,777)

(37,680,868)

(44,941,894)

(41,164,803)

(55,653,057)

(65,250,588)

(179,849,941)

(194,052,944)

(47,284,699)

(41,075,875)

(47,557,139)

(43,500,796)

209,428,586

303,552,624

521,559,667

554,086,833

426,437,438

232,005,333

103,382,352

91,334,927

55,647,950

65,243,522

177,476,410

190,322,229

47,166,570

40,957,849

47,551,365

43,495,620

(579,025,029)

(448,109,967)

(3,150,281,680)

(1,327,920,252)

(448,958,960)

(473,158,709)

(342,644,785)

(204,177,766)

(313,948,493)

(79,313,821)

(2,451,245,603)

(583,511,190)

24,645,048

(200,195,527)

(191,711,068)

(69,347,219)

45,098,092

170,869,182

(1,152,708,465)

447,929,090

407,251,937

207,405,869

84,933,760

160,736,593

1,708,330,866

1,537,461,684

6,590,077,506

6,142,148,416

2,397,045,760

2,189,639,891

1,232,063,323

1,071,326,730

$

1,753,428,958

$

1,708,330,866

$

5,437,369,041

$

6,590,077,506

$

2,804,297,697

$

2,397,045,760

$

1,316,997,083

$

1,232,063,323

Statement of Changes in Net Assets

(continued)

See Notes to Financial Statements

(continued)

Statement of Changes in Net Assets

(continued)

3.4 International Responsible Equity

Year Ended

10/31/25

Year Ended

10/31/24

OPERATIONS

Net investment income (loss)

$

43,599,491

$

41,056,597

Net realized gain (loss)

33,270,801

27,213,530

Net change in unrealized appreciation (depreciation)

265,387,951

235,516,993

Net increase (decrease) in net assets from operations

342,258,243

303,787,120

DISTRIBUTIONS TO SHAREHOLDERS

–

–

Dividends:

Class A

(972,460)

(915,113)

Class I

(415,026)

(415,430)

Premier Class

(21,552)

(19,729)

Class R6

(25,335,820)

(25,645,294)

Retirement Class

(19,924,638)

(20,918,259)

Total distributions

(46,669,496)

(47,913,825)

FUND SHARE TRANSACTIONS

Subscriptions

213,177,758

178,024,759

Reinvestments of distributions

41,710,906

42,146,966

Redemptions

(251,857,036)

(247,017,083)

Net increase (decrease) from Fund share transactions

3,031,628

(26,845,358)

Net increase (decrease) in net assets

298,620,375

229,027,937

Net assets at the beginning of period

1,615,256,061

1,386,228,124

Net assets at the end of period

$

1,913,876,436

$

1,615,256,061

Financial Highlights

See Notes to Financial Statements

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

2.1 Core Equity

Class A:

10/31/25

$

.60

$

.14

$

.29

$

.43

$

(0

.08)

$

(1

.59)

$

(1

.67)

$

.36

10/31/24

.30

.18

.22

.40

(0

.12)

(2

.98)

(3

.10)

.60

10/31/23

.52

.18

.71

.89

(0

.14)

(0

.97)

(1

.11)

.30

10/31/22

.59

.20

(4

.90)

(4

.70)

(0

.12)

(3

.25)

(3

.37)

.52

10/31/21

.14

.12

.46

.58

(0

.09)

(1

.04)

(1

.13)

.59

Class I:

10/31/25

.26

.11

.47

.58

(0

.15)

(1

.59)

(1

.74)

.10

10/31/24

.32

.14

.96

.10

(0

.18)

(2

.98)

(3

.16)

.26

10/31/23

.60

.14

.74

.88

(0

.19)

(0

.97)

(1

.16)

.32

10/31/22

.09

.15

(3

.23)

(3

.08)

(0

.16)

(3

.25)

(3

.41)

.60

10/31/21

.17

.12

.99

.11

(0

.15)

(1

.04)

(1

.19)

.09

Premier Class:

10/31/25

.30

.10

.47

.57

(0

.14)

(1

.59)

(1

.73)

.14

10/31/24

.35

.12

.98

.10

(0

.17)

(2

.98)

(3

.15)

.30

10/31/23

.62

.14

.74

.88

(0

.18)

(0

.97)

(1

.15)

.35

10/31/22

.11

.14

(3

.23)

(3

.09)

(0

.15)

(3

.25)

(3

.40)

.62

10/31/21

.19

.11

.99

.10

(0

.14)

(1

.04)

(1

.18)

.11

Class R6:

10/31/25

.24

.12

.47

.59

(0

.16)

(1

.59)

(1

.75)

.08

10/31/24

.31

.15

.95

.10

(0

.19)

(2

.98)

(3

.17)

.24

10/31/23

.58

.15

.75

.90

(0

.20)

(0

.97)

(1

.17)

.31

10/31/22

.07

.17

(3

.24)

(3

.07)

(0

.17)

(3

.25)

(3

.42)

.58

10/31/21

.16

.14

.97

.11

(0

.16)

(1

.04)

(1

.20)

.07

Retirement Class:

10/31/25

.83

.08

.57

.65

(0

.12)

(1

.59)

(1

.71)

.77

10/31/24

.73

.11

.12

.23

(0

.15)

(2

.98)

(3

.13)

.83

10/31/23

.95

.12

.80

.92

(0

.17)

(0

.97)

(1

.14)

.73

10/31/22

.51

.13

(3

.31)

(3

.18)

(0

.13)

(3

.25)

(3

.38)

.95

10/31/21

.47

.09

.11

.20

(0

.12)

(1

.04)

(1

.16)

.51

Class W:

10/31/25

.23

.19

.45

.64

(0

.22)

(1

.59)

(1

.81)

.06

10/31/24

.30

.21

.95

.16

(0

.25)

(2

.98)

(3

.23)

.23

10/31/23

.58

.21

.74

.95

(0

.26)

(0

.97)

(1

.23)

.30

10/31/22

.07

.23

(3

.23)

(3

.00)

(0

.24)

(3

.25)

(3

.49)

.58

10/31/21

.16

.21

.98

.19

(0

.24)

(1

.04)

(1

.28)

.07

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

(d) During the year ended 10/31/23, 0.01%, 0.01%, 0.01%, 0.01%, 0.01% and 0.01% of the Fund's total return for Class A, Class I, Premier Class,

Class R6, Retirement Class and Class W, respectively, consisted of a voluntary payment from the Adviser.

(e) Does not include in-kind transactions.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

(c) Portfolio

Turnover

Rate

.63

%

$

2,024,249

.68

%

.68

%

.52

%

%

.75

1,857,079

.68

.68

.71

.85

(d) 1,396,039

.70

.67

.84

(18

.73)

1,292,439

.69

.62

.87

.97

1,664,005

.69

.69

.48

(e) 16

.95

13,932

.45

.45

.72

.02

3,953

.50

.50

.91

.97

(d) 3,719

.50

.50

.01

(18

.59)

3,048

.50

.50

.01

.23

3,428

.50

.50

.66

(e) 16

.78

12,180

.55

.55

.63

.96

8,291

.56

.55

.83

.96

(d) 5,566

.56

.55

.98

(18

.62)

8,396

.55

.55

.87

.08

20,731

.55

.55

.63

(e) 17

.02

1,987,792

.40

.40

.81

.12

1,789,766

.40

.40

.99

.18

(d) 1,357,423

.41

.40

.11

(18

.53)

1,358,311

.41

.40

.08

.33

1,988,937

.40

.40

.77

(e) 16

.74

1,076,049

.65

.65

.52

.72

592,398

.65

.65

.73

.85

(d) 414,554

.66

.65

.86

(18

.68)

406,033

.66

.65

.83

.96

577,096

.65

.65

.51

(e) 17

.43

2,157,219

.40

0.00 1

.21

.74

2,232,804

.40

0.00 1

.40

.58

(d) 2,000,924

.41

0.00 1

.51

(18

.17)

2,049,653

.41

0.00 1

.49

.93

2,739,781

.40

0.00 1

.17

(e) Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

2.2 Large Cap Growth

Class A:

10/31/25

$

.18

$

(0

.04)

$

.29

$

.25

$

(0

.00)

(d) $

(1

.76)

$

(1

.76)

$

.67

10/31/24

.11

(0

.01)

.08

.07

—

—

—

.18

10/31/23

.43

.02

.69

.71

(0

.03)

—

(0

.03)

.11

10/31/22

.77

.02

(7

.87)

(7

.85)

—

(2

.49)

(2

.49)

.43

10/31/21

.03

(0

.05)

.14

.09

(0

.04)

(8

.31)

(8

.35)

.77

Class I:

10/31/25

.36

.04

.34

.38

(0

.05)

(1

.76)

(1

.81)

.93

10/31/24

.23

.03

.14

.17

(0

.04)

—

(0

.04)

.36

10/31/23

.52

.06

.70

.76

(0

.05)

—

(0

.05)

.23

10/31/22

.88

.05

(7

.91)

(7

.86)

(0

.01)

(2

.49)

(2

.50)

.52

10/31/21

.12

.00

(d) 8

.17

.17

(0

.10)

(8

.31)

(8

.41)

.88

Premier Class:

10/31/25

.36

(0

.00)

(d) 7

.35

.35

—

(1

.76)

(1

.76)

.95

10/31/24

.22

.03

.11

.14

(0

.00)

(d) —

(0

.00)

(d) 28

.36

10/31/23

.52

.05

.69

.74

(0

.04)

—

(0

.04)

.22

10/31/22

.88

.03

(7

.90)

(7

.87)

—

(2

.49)

(2

.49)

.52

10/31/21

.10

(0

.01)

.16

.15

(0

.06)

(8

.31)

(8

.37)

.88

Class R6:

10/31/25

.39

.04

.37

.41

(0

.08)

(1

.76)

(1

.84)

.96

10/31/24

.25

.06

.13

.19

(0

.05)

—

(0

.05)

.39

10/31/23

.54

.07

.71

.78

(0

.07)

—

(0

.07)

.25

10/31/22

.91

.06

(7

.91)

(7

.85)

(0

.03)

(2

.49)

(2

.52)

.54

10/31/21

.14

.02

.17

.19

(0

.11)

(8

.31)

(8

.42)

.91

Retirement Class:

10/31/25

.03

(0

.03)

.26

.23

(0

.01)

(1

.76)

(1

.77)

.49

10/31/24

.00

(0

.00)

(d) 8

.03

.03

(0

.00)

(d) —

(0

.00)

(d) 28

.03

10/31/23

.33

.02

.67

.69

(0

.02)

—

(0

.02)

.00

10/31/22

.63

.01

(7

.82)

(7

.81)

—

(2

.49)

(2

.49)

.33

10/31/21

.93

(0

.04)

.10

.06

(0

.05)

(8

.31)

(8

.36)

.63

Class W:

10/31/25

.47

.16

.37

.53

(0

.20)

(1

.76)

(1

.96)

.04

10/31/24

.30

.17

.14

.31

(0

.14)

—

(0

.14)

.47

10/31/23

.59

.15

.71

.86

(0

.15)

—

(0

.15)

.30

10/31/22

.00

.14

(7

.92)

(7

.78)

(0

.14)

(2

.49)

(2

.63)

.59

10/31/21

.24

.12

.19

.31

(0

.24)

(8

.31)

(8

.55)

.00

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

(d) Value rounded to zero.

(e) During the year ended 10/31/23, 0.05%, 0.05%, 0.06%, 0.05%, 0.05% and 0.05% of the Fund's total return for Class A, Class I, Premier Class,

Class R6, Retirement Class and Class W, respectively, consisted of a voluntary payment from the Adviser.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

(c) Portfolio

Turnover

Rate

.70

%

$

1,707,294

.70

%

.70

%

(0

.14)

%

%

.13

1,459,047

.69

.69

(0

.06)

.60

(e) 1,090,321

.71

.68

.10

(32

.23)

936,049

.71

.62

.08

.96

1,476,126

.69

.69

(0

.20)

.05

14,292

.41

.41

.12

.40

5,753

.50

.50

.13

.85

(e) 3,623

.50

.49

.30

(32

.13)

3,715

.48

.47

.23

.25

5,462

.48

.48

.02

.89

5,585

.55

.55

.00

.29

3,801

.56

.56

.12

.69

(e) 7,443

.57

.55

.27

(32

.17)

11,303

.56

.55

.15

.18

15,987

.55

.55

(0

.06)

.12

1,872,150

.40

.40

.15

.52

1,767,613

.41

.41

.23

.93

(e) 1,370,479

.41

.40

.38

(32

.08)

1,294,222

.41

.40

.30

.36

2,055,310

.40

.40

.09

.76

438,743

.65

.65

(0

.10)

.17

421,846

.66

.66

(0

.02)

.61

(e) 330,921

.66

.65

.13

(32

.22)

272,488

.66

.65

.04

.99

477,945

.65

.65

(0

.16)

.58

2,803,152

.40

0.00 0

.55

.10

2,555,246

.41

0.00 0

.64

.44

(e) 2,316,362

.41

0.00 0

.78

(31

.80)

2,179,231

.41

0.00 0

.70

.86

3,158,816

.40

0.00 0

.49

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

2.3 Large Cap Value

Class A:

10/31/25

$

21.75 $

0.26 $

2.17 $

2.43 $

(0.27)

$

(0.55)

$

(0.82)

$

23.36 10/31/24

18.12 0.27 5.01 5.28 (0.31)

(1.34)

(1.65)

21.75 10/31/23

18.67 0.28 0.28 0.56 (0.30)

(0.81)

(1.11)

18.12 10/31/22

21.99 0.26 (1.65)

(1.39)

(0.25)

(1.68)

(1.93)

18.67 10/31/21

15.23 0.20 6.86 7.06 (0.30)

—

(0.30)

21.99 Class I:

10/31/25

23.16 0.24 2.42 2.66 (0.31)

(0.55)

(0.86)

24.96 10/31/24

19.20 0.34 5.32 5.66 (0.36)

(1.34)

(1.70)

23.16 10/31/23

19.71 0.33 0.31 0.64 (0.34)

(0.81)

(1.15)

19.20 10/31/22

23.12 0.31 (1.74)

(1.43)

(0.30)

(1.68)

(1.98)

19.71 10/31/21

15.99 0.26 7.21 7.47 (0.34)

—

(0.34)

23.12 Premier Class:

10/31/25

23.14 0.31 2.32 2.63 (0.29)

(0.55)

(0.84)

24.93 10/31/24

19.17 0.32 5.32 5.64 (0.33)

(1.34)

(1.67)

23.14 10/31/23

19.68 0.33 0.29 0.62 (0.32)

(0.81)

(1.13)

19.17 10/31/22

23.08 0.29 (1.73)

(1.44)

(0.28)

(1.68)

(1.96)

19.68 10/31/21

15.97 0.24 7.19 7.43 (0.32)

—

(0.32)

23.08 Class R6:

10/31/25

23.20 0.35 2.32 2.67 (0.33)

(0.55)

(0.88)

24.99 10/31/24

19.23 0.35 5.33 5.68 (0.37)

(1.34)

(1.71)

23.20 10/31/23

19.73 0.35 0.31 0.66 (0.35)

(0.81)

(1.16)

19.23 10/31/22

23.14 0.32 (1.73)

(1.41)

(0.32)

(1.68)

(2.00)

19.73 10/31/21

16.01 0.28 7.20 7.48 (0.35)

—

(0.35)

23.14 Retirement Class:

10/31/25

23.06 0.29 2.31 2.60 (0.29)

(0.55)

(0.84)

24.82 10/31/24

19.12 0.29 5.31 5.60 (0.32)

(1.34)

(1.66)

23.06 10/31/23

19.63 0.30 0.30 0.60 (0.30)

(0.81)

(1.11)

19.12 10/31/22

23.03 0.27 (1.73)

(1.46)

(0.26)

(1.68)

(1.94)

19.63 10/31/21

15.93 0.22 7.19 7.41 (0.31)

—

(0.31)

23.03 Class W:

10/31/25

23.25 0.44 2.33 2.77 (0.43)

(0.55)

(0.98)

25.04 10/31/24

19.28 0.44 5.33 5.77 (0.46)

(1.34)

(1.80)

23.25 10/31/23

19.80 0.43 0.30 0.73 (0.44)

(0.81)

(1.25)

19.28 10/31/22

23.22 0.41 (1.73)

(1.32)

(0.42)

(1.68)

(2.10)

19.80 10/31/21

16.07 0.36 7.22 7.58 (0.43)

—

(0.43)

23.22 (a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

(c) Portfolio

Turnover

Rate

11.48 %

$

173,253

0.71 %

0.71 %

1.18 %

%

31.12 168,272

0.70 0.70 1.36 19

3.06 137,199

0.72 0.71 1.48 23

(6.99)

144,801

0.72 0.67 1.33 21

46.88 155,733

0.72 0.71 1.01 14

11.80 26,147

0.42 0.42 1.04 17

31.37 580

0.50 0.50 1.60 19

3.29 589

0.49 0.49 1.69 23

(6.83)

0.49 0.49 1.51 21

47.30 520

0.48 0.48 1.23 14

11.70 43,881

0.55 0.55 1.35 17

31.30 52,956

0.56 0.56 1.50 19

3.20 29,542

0.56 0.56 1.65 23

(6.88)

67,185

0.56 0.56 1.42 21

47.06 77,309

0.56 0.55 1.18 14

11.84 2,551,577

0.40 0.40 1.50 17

31.49 3,282,719

0.41 0.41 1.63 19

3.41 1,834,766

0.41 0.41 1.77 23

(6.76)

1,825,968

0.41 0.41 1.59 21

47.32 1,898,837

0.41 0.40 1.32 14

11.56 1,000,431

0.65 0.65 1.25 17

31.18 1,057,622

0.66 0.66 1.37 19

3.11 492,408

0.66 0.66 1.53 23

(7.00)

485,219

0.66 0.66 1.33 21

47.01 521,413

0.66 0.65 1.08 14

12.28 2,405,296

0.40 0.00 1.89 17

32.00 2,329,418

0.41 0.00 2.06 19

3.79 2,018,133

0.41 0.00 2.19 23

(6.34)

2,398,375

0.41 0.00 1.99 21

47.95 2,858,782

0.41 0.00 1.73 14

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

2.4 Quant Mid Cap Growth

Class A:

10/31/25

$

.30

$

(0

.05)

$

.80

$

.75

$

—

$

—

$

—

$

.05

10/31/24

.65

(0

.02)

.67

.65

—

—

—

.30

10/31/23

.68

(0

.01)

.04

.03

(0

.06)

—

(0

.06)

.65

10/31/22

.36

.05

(9

.99)

(9

.94)

—

(3

.74)

(3

.74)

.68

10/31/21

.15

(0

.14)

.53

.39

—

(3

.18)

(3

.18)

.36

Class I:

10/31/25

.36

(0

.01)

.98

.97

—

—

—

.33

10/31/24

.51

.02

.85

.87

(0

.02)

—

(0

.02)

.36

10/31/23

.58

.02

.05

.07

(0

.14)

—

(0

.14)

.51

10/31/22

.79

.01

(10

.48)

(10

.47)

—

(3

.74)

(3

.74)

.58

10/31/21

.14

(0

.07)

.90

.83

—

(3

.18)

(3

.18)

.79

Premier Class:

10/31/25

.24

(0

.02)

.95

.93

—

—

—

.17

10/31/24

.39

.01

.84

.85

—

—

—

.24

10/31/23

.40

.01

.05

.06

(0

.07)

—

(0

.07)

.39

10/31/22

.51

.06

(10

.43)

(10

.37)

—

(3

.74)

(3

.74)

.40

10/31/21

.96

(0

.10)

.83

.73

—

(3

.18)

(3

.18)

.51

Class R6:

10/31/25

.50

.02

.98

.00

—

—

—

.50

10/31/24

.61

.03

.90

.93

(0

.04)

—

(0

.04)

.50

10/31/23

.62

.04

.05

.09

(0

.10)

—

(0

.10)

.61

10/31/22

.82

.09

(10

.55)

(10

.46)

—

(3

.74)

(3

.74)

.62

10/31/21

.15

(0

.06)

.91

.85

—

(3

.18)

(3

.18)

.82

Retirement Class:

10/31/25

.38

(0

.04)

.83

.79

—

—

—

.17

10/31/24

.72

(0

.01)

.67

.66

—

—

—

.38

10/31/23

.73

(0

.01)

.05

.04

(0

.05)

—

(0

.05)

.72

10/31/22

.44

.04

(10

.01)

(9

.97)

—

(3

.74)

(3

.74)

.73

10/31/21

.21

(0

.13)

.54

.41

—

(3

.18)

(3

.18)

.44

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

(d) During the year ended 10/31/23, 0.13%, 0.13%, 0.16%, 0.13% and 0.14% of the Fund's total return for Class A, Class I, Premier Class, Class R6,

and Retirement Class, respectively, consisted of a voluntary payment from the Adviser.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

(c) Portfolio

Turnover

Rate

.25

%

$

170,535

.82

%

.82

%

(0

.24)

%

%

.32

166,433

.80

.80

(0

.13)

.17

(d) 156,111

.80

.78

(0

.09)

(37

.94)

170,207

.78

.70

.24

.93

297,057

.75

.75

(0

.50)

.59

.60

.60

(0

.04)

.45

.60

.60

.08

.43

(d) 171

.58

.58

.12

(37

.90)

.47

.47

.05

.26

7,557

.50

.50

(0

.24)

.48

12,460

.65

.65

(0

.07)

.49

12,217

.65

.65

.03

.35

(d) 13,050

.64

.64

.08

(37

.92)

28,494

.63

.63

.28

.11

60,298

.61

.61

(0

.35)

.63

365,671

.50

.50

.09

.66

511,937

.50

.50

.17

.52

(d) 482,635

.49

.49

.21

(37

.82)

591,705

.48

.48

.46

.33

1,113,795

.46

.46

(0

.20)

.40

233,182

.75

.75

(0

.17)

.28

250,555

.75

.75

(0

.07)

.25

(d) 248,486

.74

.74

(0

.04)

(37

.94)

291,903

.73

.73

.21

.93

524,637

.71

.71

(0

.46)

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

2.5 Mid Cap Value

Class A:

10/31/25

$

.07

$

.25

$

.89

$

.14

$

(0

.25)

$

(0

.95)

$

(1

.20)

$

.01

10/31/24

.68

.21

.40

.61

(0

.22)

—

(0

.22)

.07

10/31/23

.70

.20

(0

.92)

(0

.72)

(0

.32)

(1

.98)

(2

.30)

.68

10/31/22

.42

.27

(1

.17)

(0

.90)

(0

.17)

(2

.65)

(2

.82)

.70

10/31/21

.86

.15

.66

.81

(0

.25)

—

(0

.25)

.42

Class I:

10/31/25

.00

.27

.96

.23

(0

.30)

(0

.95)

(1

.25)

.98

10/31/24

.36

.26

.63

.89

(0

.25)

—

(0

.25)

.00

10/31/23

.42

.25

(0

.98)

(0

.73)

(0

.35)

(1

.98)

(2

.33)

.36

10/31/22

.20

.31

(1

.23)

(0

.92)

(0

.21)

(2

.65)

(2

.86)

.42

10/31/21

.38

.20

.90

.10

(0

.28)

—

(0

.28)

.20

Premier Class:

10/31/25

.99

.29

.94

.23

(0

.27)

(0

.95)

(1

.22)

.00

10/31/24

.35

.25

.63

.88

(0

.24)

—

(0

.24)

.99

10/31/23

.40

.24

(0

.98)

(0

.74)

(0

.33)

(1

.98)

(2

.31)

.35

10/31/22

.18

.30

(1

.24)

(0

.94)

(0

.19)

(2

.65)

(2

.84)

.40

10/31/21

.37

.18

.90

.08

(0

.27)

—

(0

.27)

.18

Class R6:

10/31/25

.04

.32

.94

.26

(0

.30)

(0

.95)

(1

.25)

.05

10/31/24

.39

.27

.65

.92

(0

.27)

—

(0

.27)

.04

10/31/23

.45

.26

(0

.98)

(0

.72)

(0

.36)

(1

.98)

(2

.34)

.39

10/31/22

.23

.33

(1

.23)

(0

.90)

(0

.23)

(2

.65)

(2

.88)

.45

10/31/21

.40

.21

.92

.13

(0

.30)

—

(0

.30)

.23

Retirement Class:

10/31/25

.83

.27

.93

.20

(0

.26)

(0

.95)

(1

.21)

.82

10/31/24

.23

.23

.60

.83

(0

.23)

—

(0

.23)

.83

10/31/23

.27

.22

(0

.97)

(0

.75)

(0

.31)

(1

.98)

(2

.29)

.23

10/31/22

.04

.28

(1

.22)

(0

.94)

(0

.18)

(2

.65)

(2

.83)

.27

10/31/21

.28

.16

.86

.02

(0

.26)

—

(0

.26)

.04

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

(d) During the year ended 10/31/23, 0.06%, 0.06%, 0.08%, 0.06% and 0.06% of the Fund's total return for Class A, Class I, Premier Class, Class R6

and Retirement Class, respectively, consisted of a voluntary payment from the Adviser.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

(c) Portfolio

Turnover

Rate

.36

%

$

197,917

.78

%

.78

%

.43

%

%

.06

205,876

.76

.76

.29

(5

.12)

(d) 170,959

.77

.75

.39

(5

.50)

196,682

.76

.70

.57

.65

224,262

.76

.75

.80

.54

3,273

.57

.57

.49

.43

.58

.58

.52

(4

.96)

(d) 387

.56

.56

.59

(5

.39)

.54

.54

.70

.96

.54

.54

.05

.54

30,053

.61

.61

.60

.34

30,401

.61

.61

.44

(4

.98)

(d) 25,087

.61

.61

.56

(5

.46)

53,551

.60

.60

.65

.84

73,331

.60

.59

.95

.71

872,189

.46

.46

.76

.58

1,148,421

.46

.46

.58

(4

.86)

(d) 932,572

.46

.46

.69

(5

.28)

1,089,731

.45

.45

.83

.13

1,291,813

.45

.44

.11

.43

471,026

.71

.71

.49

.26

463,176

.71

.71

.34

(5

.08)

(d) 385,334

.71

.71

.43

(5

.54)

468,267

.70

.70

.56

.70

589,412

.70

.69

.86

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

2.6 Quant Small Cap Equity

Class A:

10/31/25

$

.82

$

.07

$

.71

$

.78

$

(0

.15)

$

(2

.05)

$

(2

.20)

$

.40

10/31/24

.97

.10

.07

.17

(0

.14)

(0

.18)

(0

.32)

.82

10/31/23

.76

.12

(0

.97)

(0

.85)

(0

.11)

(0

.83)

(0

.94)

.97

10/31/22

.12

.10

(2

.49)

(2

.39)

(0

.06)

(3

.91)

(3

.97)

.76

10/31/21

.75

.04

.41

.45

(0

.08)

—

(0

.08)

.12

Class I:

10/31/25

.01

.13

.89

.02

(0

.19)

(2

.05)

(2

.24)

.79

10/31/24

.83

.14

.39

.53

(0

.17)

(0

.18)

(0

.35)

.01

10/31/23

.67

.16

(1

.02)

(0

.86)

(0

.15)

(0

.83)

(0

.98)

.83

10/31/22

.17

.14

(2

.62)

(2

.48)

(0

.11)

(3

.91)

(4

.02)

.67

10/31/21

.39

.08

.80

.88

(0

.10)

—

(0

.10)

.17

Premier Class:

10/31/25

.85

.11

.86

.97

(0

.17)

(2

.05)

(2

.22)

.60

10/31/24

.71

.13

.34

.47

(0

.15)

(0

.18)

(0

.33)

.85

10/31/23

.54

.15

(1

.02)

(0

.87)

(0

.13)

(0

.83)

(0

.96)

.71

10/31/22

.01

.12

(2

.60)

(2

.48)

(0

.08)

(3

.91)

(3

.99)

.54

10/31/21

.30

.07

.73

.80

(0

.09)

—

(0

.09)

.01

Class R6:

10/31/25

.02

.14

.89

.03

(0

.20)

(2

.05)

(2

.25)

.80

10/31/24

.84

.16

.39

.55

(0

.19)

(0

.18)

(0

.37)

.02

10/31/23

.68

.17

(1

.02)

(0

.85)

(0

.16)

(0

.83)

(0

.99)

.84

10/31/22

.18

.15

(2

.62)

(2

.47)

(0

.12)

(3

.91)

(4

.03)

.68

10/31/21

.40

.10

.80

.90

(0

.12)

—

(0

.12)

.18

Retirement Class:

10/31/25

.18

.09

.76

.85

(0

.16)

(2

.05)

(2

.21)

.82

10/31/24

.23

.11

.17

.28

(0

.15)

(0

.18)

(0

.33)

.18

10/31/23

.03

.13

(0

.99)

(0

.86)

(0

.11)

(0

.83)

(0

.94)

.23

10/31/22

.43

.10

(2

.53)

(2

.43)

(0

.06)

(3

.91)

(3

.97)

.03

10/31/21

.94

.04

.53

.57

(0

.08)

—

(0

.08)

.43

Class W:

10/31/25

.04

.22

.89

.11

(0

.29)

(2

.05)

(2

.34)

.81

10/31/24

.87

.24

.37

.61

(0

.26)

(0

.18)

(0

.44)

.04

10/31/23

.72

.24

(1

.03)

(0

.79)

(0

.23)

(0

.83)

(1

.06)

.87

10/31/22

.25

.22

(2

.62)

(2

.40)

(0

.22)

(3

.91)

(4

.13)

.72

10/31/21

.43

.19

.81

.00

(0

.18)

—

(0

.18)

.25

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Does not include in-kind transactions.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

.34

%

$

168,995

.74

%

.74

%

.42

%

%

.51

152,120

.71

.71

.58

(5

.63)

117,417

.72

.72

.77

(12

.67)

129,747

.72

.69

.60

.59

157,995

.72

.69

.18

(c) 15

.70

64,525

.44

.44

.72

.85

1,084

.48

.48

.79

(5

.41)

775

.49

.49

.02

(12

.48)

1,006

.48

.48

.81

.95

781

.48

.47

.40

(c) 15

.54

55,122

.55

.55

.61

.72

45,580

.56

.56

.72

(5

.49)

27,100

.57

.57

.94

(12

.58)

59,270

.57

.57

.72

.90

80,889

.56

.56

.31

(c) 15

.73

2,282,796

.40

.40

.76

.93

2,216,415

.41

.41

.87

(5

.35)

1,466,752

.42

.42

.07

(12

.42)

1,557,567

.42

.42

.87

.02

1,554,570

.41

.41

.49

(c) 15

.42

586,824

.65

.65

.51

.61

539,427

.66

.66

.62

(5

.58)

336,799

.67

.67

.82

(12

.65)

368,657

.67

.67

.61

.64

451,648

.66

.66

.22

(c) 16

.19

237,362

.40

0.00 1

.19

.41

480,488

.41

0.00 1

.29

(4

.91)

464,497

.42

0.00 1

.50

(12

.05)

616,706

.42

0.00 1

.29

.73

830,786

.41

0.00 0

.88

(c) Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

2.7 Quant Small/Mid Cap Equity

Class A:

10/31/25

$

.88

$

.09

$

.62

$

.71

$

(0

.08)

$

(1

.76)

$

(1

.84)

$

.75

10/31/24

.78

.09

.32

.41

(0

.10)

(0

.21)

(0

.31)

.88

10/31/23

.87

.08

(0

.29)

(0

.21)

(0

.07)

(0

.81)

(0

.88)

.78

10/31/22

.12

.10

(2

.24)

(2

.14)

(0

.13)

(2

.98)

(3

.11)

.87

10/31/21

.36

.05

.92

.97

(0

.06)

(0

.15)

(0

.21)

.12

Class I:

10/31/25

.05

.13

.65

.78

(0

.12)

(1

.76)

(1

.88)

.95

10/31/24

.90

.11

.38

.49

(0

.13)

(0

.21)

(0

.34)

.05

10/31/23

.00

.10

(0

.29)

(0

.19)

(0

.10)

(0

.81)

(0

.91)

.90

10/31/22

.28

.12

(2

.25)

(2

.13)

(0

.17)

(2

.98)

(3

.15)

.00

10/31/21

.45

.10

.97

.07

(0

.09)

(0

.15)

(0

.24)

.28

Premier Class:

10/31/25

.15

.12

.66

.78

(0

.10)

(1

.76)

(1

.86)

.07

10/31/24

.97

.11

.39

.50

(0

.11)

(0

.21)

(0

.32)

.15

10/31/23

.06

.10

(0

.30)

(0

.20)

(0

.08)

(0

.81)

(0

.89)

.97

10/31/22

.35

.13

(2

.28)

(2

.15)

(0

.16)

(2

.98)

(3

.14)

.06

10/31/21

.49

.09

.00

.09

(0

.08)

(0

.15)

(0

.23)

.35

Class R6:

10/31/25

.04

.14

.64

.78

(0

.13)

(1

.76)

(1

.89)

.93

10/31/24

.89

.13

.37

.50

(0

.14)

(0

.21)

(0

.35)

.04

10/31/23

.98

.12

(0

.29)

(0

.17)

(0

.11)

(0

.81)

(0

.92)

.89

10/31/22

.26

.15

(2

.26)

(2

.11)

(0

.19)

(2

.98)

(3

.17)

.98

10/31/21

.43

.12

.96

.08

(0

.10)

(0

.15)

(0

.25)

.26

Retirement Class:

10/31/25

.90

.10

.62

.72

(0

.10)

(1

.76)

(1

.86)

.76

10/31/24

.79

.09

.34

.43

(0

.11)

(0

.21)

(0

.32)

.90

10/31/23

.89

.09

(0

.29)

(0

.20)

(0

.09)

(0

.81)

(0

.90)

.79

10/31/22

.16

.11

(2

.25)

(2

.14)

(0

.15)

(2

.98)

(3

.13)

.89

10/31/21

.38

.08

.93

.01

(0

.08)

(0

.15)

(0

.23)

.16

Class W:

10/31/25

.11

.21

.66

.87

(0

.21)

(1

.76)

(1

.97)

.01

10/31/24

.94

.20

.38

.58

(0

.20)

(0

.21)

(0

.41)

.11

10/31/23

.05

.18

(0

.31)

(0

.13)

(0

.17)

(0

.81)

(0

.98)

.94

10/31/22

.36

.22

(2

.27)

(2

.05)

(0

.28)

(2

.98)

(3

.26)

.05

10/31/21

.48

.19

.99

.18

(0

.15)

(0

.15)

(0

.30)

.36

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

.89

%

$

31,419

.77

%

.77

%

.62

%

%

.04

24,665

.77

.77

.59

(1

.63)

18,878

.79

.79

.64

(13

.97)

17,929

.81

.78

.75

.02

17,683

.87

.87

.32

.17

127,471

.54

.54

.85

.36

80,374

.57

.57

.76

(1

.48)

28,399

.59

.59

.83

(13

.81)

14,375

.60

.60

.91

.57

9,481

.59

.59

.57

.06

889

.62

.62

.78

.28

.64

.64

.72

(1

.51)

.64

.64

.80

(13

.86)

.64

.64

.92

.45

.66

.66

.54

.17

254,948

.46

.46

.94

.51

116,481

.47

.47

.88

(1

.30)

76,784

.47

.47

.95

(13

.73)

67,645

.48

.48

.08

.76

63,132

.47

.47

.73

.91

975,013

.69

.69

.69

.18

572,534

.71

.71

.64

(1

.57)

322,111

.72

.72

.72

(13

.93)

258,943

.73

.73

.80

.34

91,997

.72

.72

.48

.78

558,152

.44

0.00 1

.39

.23

582,749

.46

0.00 1

.37

(0

.93)

559,246

.47

0.00 1

.44

(13

.30)

875,424

.48

0.00 1

.55

.50

972,344

.47

0.00 1

.19

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

2.8 Large Cap Responsible Equity

Class A:

10/31/25

$

.71

$

.19

$

.90

$

.09

$

(0

.31)

$

(4

.02)

$

(4

.33)

$

.47

10/31/24

.29

.25

.56

.81

(0

.35)

(1

.04)

(1

.39)

.71

10/31/23

.15

.28

.92

.20

(0

.31)

(0

.75)

(1

.06)

.29

10/31/22

.78

.24

(4

.25)

(4

.01)

(0

.26)

(2

.36)

(2

.62)

.15

10/31/21

.88

.21

.98

.19

(0

.25)

(0

.04)

(0

.29)

.78

Class I:

10/31/25

.05

.30

.64

.94

(0

.35)

(4

.02)

(4

.37)

.62

10/31/24

.51

.35

.62

.97

(0

.39)

(1

.04)

(1

.43)

.05

10/31/23

.17

.36

.07

.43

(0

.34)

(0

.75)

(1

.09)

.51

10/31/22

.40

.32

(4

.88)

(4

.56)

(0

.31)

(2

.36)

(2

.67)

.17

10/31/21

.39

.29

.05

.34

(0

.29)

(0

.04)

(0

.33)

.40

Premier Class:

10/31/25

.97

.27

.62

.89

(0

.33)

(4

.02)

(4

.35)

.51

10/31/24

.42

.32

.62

.94

(0

.35)

(1

.04)

(1

.39)

.97

10/31/23

.08

.35

.05

.40

(0

.31)

(0

.75)

(1

.06)

.42

10/31/22

.29

.29

(4

.86)

(4

.57)

(0

.28)

(2

.36)

(2

.64)

.08

10/31/21

.32

.27

.01

.28

(0

.27)

(0

.04)

(0

.31)

.29

Class R6:

10/31/25

.11

.32

.63

.95

(0

.38)

(4

.02)

(4

.40)

.66

10/31/24

.54

.36

.66

.02

(0

.41)

(1

.04)

(1

.45)

.11

10/31/23

.20

.39

.06

.45

(0

.36)

(0

.75)

(1

.11)

.54

10/31/22

.44

.34

(4

.89)

(4

.55)

(0

.33)

(2

.36)

(2

.69)

.20

10/31/21

.42

.31

.05

.36

(0

.30)

(0

.04)

(0

.34)

.44

Retirement Class:

10/31/25

.68

.24

.74

.98

(0

.30)

(4

.02)

(4

.32)

.34

10/31/24

.96

.30

.80

.10

(0

.34)

(1

.04)

(1

.38)

.68

10/31/23

.59

.33

.09

.42

(0

.30)

(0

.75)

(1

.05)

.96

10/31/22

.90

.28

(4

.97)

(4

.69)

(0

.26)

(2

.36)

(2

.62)

.59

10/31/21

.75

.25

.19

.44

(0

.25)

(0

.04)

(0

.29)

.90

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

.58

%

$

777,877

.46

%

.46

%

.84

%

%

.09

690,714

.44

.43

.03

.12

556,042

.46

.43

.34

(16

.64)

563,642

.46

.41

.11

.78

691,931

.44

.43

.88

.90

59,649

.22

.22

.07

.24

30,884

.26

.25

.25

.33

44,145

.27

.25

.52

(16

.51)

40,920

.27

.26

.26

.05

55,706

.25

.25

.06

.76

44,459

.32

.32

.97

.22

36,648

.32

.31

.17

.22

38,800

.35

.34

.47

(16

.57)

69,976

.37

.36

.15

.89

112,030

.33

.32

.99

.93

4,522,966

.17

.17

.13

.45

4,682,562

.17

.16

.31

.42

4,068,636

.18

.17

.62

(16

.45)

4,583,693

.18

.17

.34

.13

5,751,972

.17

.16

.15

.61

1,200,015

.42

.42

.86

.10

793,382

.42

.41

.06

.14

723,544

.43

.42

.36

(16

.65)

805,465

.43

.42

.09

.75

1,047,445

.42

.41

.90

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

3.01 Emerging Markets Equity

Class A:

10/31/25

$

8.40 $

0.08 $

2.09 $

2.17 $

(0.17)

$

—

$

(0.17)

$

10.40 10/31/24

7.26 0.10 1.27 1.37 (0.23)

—

(0.23)

8.40 10/31/23

6.44 0.06 0.76 0.82 —

—

—

7.26 10/31/22

11.72 0.11 (3.23)

(3.12)

(0.37)

(1.79)

(2.16)

6.44 10/31/21

12.49 0.03 0.36 0.39 (0.05)

(1.11)

(1.16)

11.72 Class I:

10/31/25

8.45 0.10 2.10 2.20 (0.20)

—

(0.20)

10.45 10/31/24

7.30 0

.12

1.28 1.40 (0.25)

—

(0.25)

8.45 10/31/23

6.46 0.06 0.78 0.84 (0.00)

(e) —

(0.00)

(e) 7.30 10/31/22

11.77 0.11 (3.21)

(3.10)

(0.42)

(1.79)

(2.21)

6.46 10/31/21

12.52 0.07 0.37 0.44 (0.08)

(1.11)

(1.19)

11.77 Premier Class:

10/31/25

8.45 0.10 2.10 2.20 (0.19)

—

(0.19)

10.46 10/31/24

7.30 0.11 1.29 1.40 (0.25)

—

(0.25)

8.45 10/31/23

6.46 0.05 0.79 0.84 (0.00)

(e) —

(0.00)

(e) 7.30 10/31/22

11.78 0.14 (3.25)

(3.11)

(0.42)

(1.79)

(2.21)

6.46 10/31/21

12.53 0.07 0.38 0.45 (0.09)

(1.11)

(1.20)

11.78 Class R6:

10/31/25

8.45 0.11 2.09 2.20 (0.20)

—

(0.20)

10.45 10/31/24

7.30 0.12 1.29 1.41 (0.26)

—

(0.26)

8.45 10/31/23

6.46 0.09 0.75 0.84 (0.00)

(e) —

(0.00)

(e) 7.30 10/31/22

11.77 0.14 (3.23)

(3.09)

(0.43)

(1.79)

(2.22)

6.46 10/31/21

12.53 0.08 0.37 0.45 (0.10)

(1.11)

(1.21)

11.77 Retirement Class:

10/31/25

8.39 0.09 2.08 2.17 (0.18)

—

(0.18)

10.38 10/31/24

7.26 0.10 1.27 1.37 (0.24)

—

(0.24)

8.39 10/31/23

6.42 0.07 0.77 0.84 (0.00)

(e) —

(0

.00)

(e) 7.26 10/31/22

11.72 0.14 (3.23)

(3.09)

(0.42)

(1.79)

(2.21)

6.42 10/31/21

12.48 0.07 0.37 0.44 (0.09)

(1.11)

(1.20)

11.72 Class W:

10/31/25

8.52 0.19 2.11 2.30 (0.28)

—

(0.28)

10.54 10/31/24

7.36 0.20 1.29 1.49 (0.33)

—

(0.33)

8.52 10/31/23

6.50 0.15 0.77 0.92 (0.06)

—

(0.06)

7.36 10/31/22

11.85 0.21 (3.25)

(3.04)

(0.52)

(1.79)

(2.31)

6.50 10/31/21

12.62 0.21 0.37 0.58 (0.24)

(1.11)

(1.35)

.85

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

(d) During the year ended 10/31/23, 0.05%, 0.05%, 0.06%, 0.05%, 0.05% and 0.05% of the Fund's total return for Class A, Class I, Premier Class,

Class R6, Retirement Class and Class W, respectively, consisted of a voluntary payment from the Adviser.

(e) Value rounded to zero.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

(c) Portfolio

Turnover

Rate

26.45 %

$

7,500

1.27 %

1.27 %

0.94 %

%

19.22 6,823

1.26 1.26 1.18 85

12.73 (d) 6,608

1.27 1.26 0.73 67

(31.97)

6,239

1.30 1.24 1.32 108

2.00 9,842

1.31 1.31 0.19 112

26.68 165

1.01 1.01 1.19 112

19.61 117

0.99 0.99 1.46 85

13.03 (d) 102

0.98 0.98 0.78 67

(31.77)

0.94 0.94 1.34 108

2.28 171

0.97 0.97 0.51 112

26.74 7,182

1.04 1.04 1.17 112

19.47 5,901

1.05 1.05 1.41 85

13.02 (d) 4,595

1.05 1.01 0.69 67

(31.77)

7,296

1.05 0.96 1.61 108

2.27 10,994

1.03 0.98 0.54 112

26.81 159,087

0.89 0.89 1.30 112

19.70 187,899

0.90 0.90 1.53 85

13.06 (d) 196,897

0.90 0.90 1.12 67

(31.68)

187,605

0.90 0.90 1

.66

2.44 295,907

0.88 0.88 0.61 112

26.51 56,530

1.14 1.14 1.06 112

19.26 53,245

1.15 1.15 1.26 85

13.10 (d) 61,572

1.15 1.07 0.90 67

(31.85)

62,446

1.15 0.96 1.64 108

2.36 103,033

1.12 0.98 0.49 112

27.94 1,522,964

0.89 0.00 2.21 112

20.78 1,454,345

0.90 0.00 2.44 85

14.20 (d) 1,267,687

0.90 0.00 1.96 67

(31.16)

1,308,083

0.90 0.00 2.49 108

3.33 1,256,261

0.88 0.00 1.54 112

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

3.1 International Equity

Class A:

10/31/25

$

.27

$

.16

$

.81

$

.97

$

(0

.31)

$

—

$

(0

.31)

$

.93

10/31/24

.23

.17

.19

.36

(0

.32)

—

(0

.32)

.27

10/31/23

.52

.18

.76

.94

(0

.23)

—

(0

.23)

.23

10/31/22

.11

.15

(2

.37)

(2

.22)

(0

.37)

—

(0

.37)

.52

10/31/21

.86

.23

.15

.38

(0

.13)

—

(0

.13)

.11

Class I:

10/31/25

.25

.33

.16

.49

(0

.32)

—

(0

.32)

.42

10/31/24

.23

.31

.04

.35

(0

.33)

—

(0

.33)

.25

10/31/23

.87

.32

.28

.60

(0

.24)

—

(0

.24)

.23

10/31/22

.93

.28

(3

.96)

(3

.68)

(0

.38)

—

(0

.38)

.87

10/31/21

.15

.39

.54

.93

(0

.15)

—

(0

.15)

.93

Premier Class:

10/31/25

.90

.30

.09

.39

(0

.31)

—

(0

.31)

.98

10/31/24

.93

.31

.98

.29

(0

.32)

—

(0

.32)

.90

10/31/23

.61

.33

.23

.56

(0

.24)

—

(0

.24)

.93

10/31/22

.58

.26

(3

.85)

(3

.59)

(0

.38)

—

(0

.38)

.61

10/31/21

.89

.37

.45

.82

(0

.13)

—

(0

.13)

.58

Class R6:

10/31/25

.92

.33

.10

.43

(0

.34)

—

(0

.34)

.01

10/31/24

.95

.33

.99

.32

(0

.35)

—

(0

.35)

.92

10/31/23

.63

.33

.24

.57

(0

.25)

—

(0

.25)

.95

10/31/22

.61

.28

(3

.86)

(3

.58)

(0

.40)

—

(0

.40)

.63

10/31/21

.91

.41

.45

.86

(0

.16)

—

(0

.16)

.61

Retirement Class:

10/31/25

.52

.30

.23

.53

(0

.30)

—

(0

.30)

.75

10/31/24

.45

.30

.08

.38

(0

.31)

—

(0

.31)

.52

10/31/23

.06

.32

.29

.61

(0

.22)

—

(0

.22)

.45

10/31/22

.18

.26

(4

.02)

(3

.76)

(0

.36)

—

(0

.36)

.06

10/31/21

.33

.39

.59

.98

(0

.13)

—

(0

.13)

.18

Class W:

10/31/25

.01

.40

.11

.51

(0

.40)

—

(0

.40)

.12

10/31/24

.03

.39

.00

.39

(0

.41)

—

(0

.41)

.01

10/31/23

.70

.39

.24

.63

(0

.30)

—

(0

.30)

.03

10/31/22

.69

.34

(3

.87)

(3

.53)

(0

.46)

—

(0

.46)

.70

10/31/21

.96

.48

.45

.93

(0

.20)

—

(0

.20)

.69

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

(d) During the year ended 10/31/23, 0.02%, 0.02%, 0.02%, 0.02%, 0.02% and 0.02% of the Fund's total return for Class A, Class I, Premier Class,

Class R6, Retirement Class and Class W, respectively, consisted of a voluntary payment from the Adviser.

(e) Does not include in-kind transactions.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

(c) Portfolio

Turnover

Rate

.64

%

$

277,797

.79

%

.79

%

.87

%

%

.32

238,886

.78

.78

.04

.60

(d) 215,590

.81

.79

.39

(e) (25

.32)

201,687

.80

.74

.04

.05

286,699

.80

.80

.61

.01

6,254

.53

.53

.13

.54

3,203

.58

.58

.19

.81

(d) 2,067

.56

.56

.59

(e) (25

.23)

2,268

.57

.57

.20

.42

3,175

.56

.56

.75

.91

55,942

.60

.60

.06

.55

51,024

.61

.61

.23

.75

(d) 37,023

.61

.61

.71

(e) (25

.24)

57,289

.61

.61

.14

.31

75,862

.61

.61

.68

.16

2,475,856

.45

.45

.23

.72

2,551,538

.46

.46

.38

.89

(d) 2,405,013

.46

.46

.71

(e) (25

.14)

2,255,904

.46

.46

.33

.59

2,828,714

.46

.46

.95

.76

341,048

.70

.70

.95

.40

323,597

.71

.71

.12

.64

(d) 318,194

.71

.71

.48

(e) (25

.32)

314,089

.71

.71

.05

.28

467,995

.71

.71

.68

.71

2,280,471

.45

0.00 2

.68

.23

3,421,829

.46

0.00 2

.84

.36

(d) 3,164,262

.46

0.00 3

.15

(e) (24

.76)

3,426,943

.46

0.00 2

.77

.17

3,083,400

.46

0.00 3

.45

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

3.2 International Opportunities

Class A:

10/31/25

$

.17

$

.13

$

.66

$

.79

$

(0

.17)

$

—

$

(0

.17)

$

.79

10/31/24

.78

.13

.39

.52

(0

.13)

—

(0

.13)

.17

10/31/23

.48

.15

.15

.30

(0

.00)

(d) —

(0

.00)

(d) 12

.78

10/31/22

.67

.13

(5

.87)

(5

.74)

(0

.21)

(1

.24)

(1

.45)

.48

10/31/21

.65

.05

.38

.43

(0

.04)

(0

.37)

(0

.41)

.67

Class I:

10/31/25

.20

.19

.65

.84

(0

.20)

—

(0

.20)

.84

10/31/24

.80

.17

.39

.56

(0

.16)

—

(0

.16)

.20

10/31/23

.48

.18

.14

.32

(0

.00)

(d) —

(0

.00)

(d) 12

.80

10/31/22

.73

.16

(5

.87)

(5

.71)

(0

.30)

(1

.24)

(1

.54)

.48

10/31/21

.67

.11

.40

.51

(0

.08)

(0

.37)

(0

.45)

.73

Premier Class:

10/31/25

.24

.17

.67

.84

(0

.19)

—

(0

.19)

.89

10/31/24

.84

.16

.40

.56

(0

.16)

—

(0

.16)

.24

10/31/23

.52

.16

.17

.33

(0

.01)

—

(0

.01)

.84

10/31/22

.80

.20

(5

.94)

(5

.74)

(0

.30)

(1

.24)

(1

.54)

.52

10/31/21

.72

.11

.41

.52

(0

.07)

(0

.37)

(0

.44)

.80

Class R6:

10/31/25

.23

.19

.67

.86

(0

.22)

—

(0

.22)

.87

10/31/24

.83

.18

.40

.58

(0

.18)

—

(0

.18)

.23

10/31/23

.49

.18

.17

.35

(0

.01)

—

(0

.01)

.83

10/31/22

.77

.17

(5

.88)

(5

.71)

(0

.33)

(1

.24)

(1

.57)

.49

10/31/21

.70

.13

.40

.53

(0

.09)

(0

.37)

(0

.46)

.77

Retirement Class:

10/31/25

.15

.15

.66

.81

(0

.18)

—

(0

.18)

.78

10/31/24

.76

.14

.39

.53

(0

.14)

—

(0

.14)

.15

10/31/23

.45

.16

.16

.32

(0

.01)

—

(0

.01)

.76

10/31/22

.69

.16

(5

.86)

(5

.70)

(0

.30)

(1

.24)

(1

.54)

.45

10/31/21

.63

.10

.40

.50

(0

.07)

(0

.37)

(0

.44)

.69

Class W:

10/31/25

.32

.29

.68

.97

(0

.31)

—

(0

.31)

.98

10/31/24

.91

.27

.40

.67

(0

.26)

—

(0

.26)

.32

10/31/23

.51

.27

.15

.42

(0

.02)

—

(0

.02)

.91

10/31/22

.89

.26

(5

.90)

(5

.64)

(0

.50)

(1

.24)

(1

.74)

.51

10/31/21

.78

.25

.42

.67

(0

.19)

(0

.37)

(0

.56)

.89

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

(d) Value rounded to zero.

(e) During the year ended 10/31/23, 0.01%, 0.01%, 0.01%, 0.01%, 0.01% and 0.01% of the Fund's total return for Class A, Class I, Premier Class,

Class R6, Retirement Class and Class W, respectively, consisted of a voluntary payment from the Adviser.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

(c) Portfolio

Turnover

Rate

.56

%

$

32,436

.01

%

.01

%

.82

%

%

.81

34,202

.90

.90

.88

.41

(e) 34,349

.90

.90

.05

(31

.02)

36,527

.99

.96

.89

.62

9,152

.06

.06

.26

.90

21,970

.66

.66

.24

.14

27,711

.69

.69

.10

.60

(e) 31,237

.69

.69

.26

(30

.83)

61,619

.71

.71

.21

.09

5,052

.70

.70

.59

.85

2,885

.75

.75

.07

.00

2,678

.76

.76

.05

.60

(e) 2,455

.76

.75

.18

(30

.88)

2,269

.76

.66

.43

.06

569

.77

.73

.58

.98

172,820

.60

.60

.22

.22

146,122

.60

.60

.17

.69

(e) 128,293

.60

.60

.32

(30

.76)

130,897

.61

.61

.16

.21

146,168

.60

.60

.70

.69

72,946

.85

.85

.97

.95

77,438

.85

.85

.93

.53

(e) 80,691

.85

.79

.14

(30

.87)

96,691

.86

.68

.06

.13

175,169

.85

.73

.56

.70

2,501,240

.60

0.00 1

.82

.89

2,108,896

.60

0.00 1

.78

.36

(e) 1,912,615

.60

0.00 1

.92

(30

.39)

2,057,533

.61

0.00 1

.77

.03

2,183,791

.60

0.00 1

.31

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

3.3 Quant International Small Cap Equity

Class A:

10/31/25

$

.03

$

.28

$

.83

$

.11

$

(0

.30)

$

—

$

(0

.30)

$

.84

10/31/24

.09

.20

.01

.21

(0

.27)

—

(0

.27)

.03

10/31/23

.62

.22

.52

.74

(0

.27)

—

(0

.27)

.09

10/31/22

.47

.29

(3

.45)

(3

.16)

(0

.32)

(0

.37)

(0

.69)

.62

10/31/21

.41

.16

.08

.24

(0

.18)

—

(0

.18)

.47

Class I:

10/31/25

.02

.32

.82

.14

(0

.34)

—

(0

.34)

.82

10/31/24

.08

.24

.01

.25

(0

.31)

—

(0

.31)

.02

10/31/23

.61

.25

.53

.78

(0

.31)

—

(0

.31)

.08

10/31/22

.46

.33

(3

.45)

(3

.12)

(0

.36)

(0

.37)

(0

.73)

.61

10/31/21

.40

.20

.08

.28

(0

.22)

—

(0

.22)

.46

Premier Class:

10/31/25

.18

.31

.85

.16

(0

.32)

—

(0

.32)

.02

10/31/24

.21

.22

.04

.26

(0

.29)

—

(0

.29)

.18

10/31/23

.73

.24

.54

.78

(0

.30)

—

(0

.30)

.21

10/31/22

.62

.31

(3

.49)

(3

.18)

(0

.34)

(0

.37)

(0

.71)

.73

10/31/21

.52

.19

.11

.30

(0

.20)

—

(0

.20)

.62

Class R6:

10/31/25

.03

.33

.81

.14

(0

.34)

—

(0

.34)

.83

10/31/24

.09

.24

.01

.25

(0

.31)

—

(0

.31)

.03

10/31/23

.62

.25

.53

.78

(0

.31)

—

(0

.31)

.09

10/31/22

.48

.33

(3

.45)

(3

.12)

(0

.37)

(0

.37)

(0

.74)

.62

10/31/21

.41

.20

.09

.29

(0

.22)

—

(0

.22)

.48

Retirement Class:

10/31/25

.00

.28

.83

.11

(0

.31)

—

(0

.31)

.80

10/31/24

.07

.21

.00

.21

(0

.28)

—

(0

.28)

.00

10/31/23

.60

.23

.53

.76

(0

.29)

—

(0

.29)

.07

10/31/22

.45

.29

(3

.43)

(3

.14)

(0

.34)

(0

.37)

(0

.71)

.60

10/31/21

.40

.18

.07

.25

(0

.20)

—

(0

.20)

.45

Class W:

10/31/25

.11

.41

.83

.24

(0

.42)

—

(0

.42)

.93

10/31/24

.16

.32

.01

.33

(0

.38)

—

(0

.38)

.11

10/31/23

.69

.32

.54

.86

(0

.39)

—

(0

.39)

.16

10/31/22

.56

.40

(3

.46)

(3

.06)

(0

.44)

(0

.37)

(0

.81)

.69

10/31/21

.46

.29

.09

.38

(0

.28)

—

(0

.28)

.56

(a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

.91

%

$

1,703

.06

%

.06

%

.28

%

%

.72

925

.15

.11

.87

.58

853

.16

.12

.26

(26

.71)

824

.40

.14

.80

.77

1,134

.20

.12

.31

.31

.79

.79

.65

.18

.79

.79

.24

.05

.77

.77

.57

(26

.47)

.74

.74

.18

.28

.80

.78

.66

.07

.91

.90

.55

.99

.93

.91

.05

.85

.93

.91

.48

(26

.53)

.90

.90

.01

.08

.96

.88

.56

.34

80,037

.71

.71

.76

.20

74,539

.73

.73

.22

.06

62,099

.74

.74

.63

(26

.44)

66,810

.72

.72

.20

.40

88,124

.71

.69

.73

.07

25,736

.96

.96

.29

.80

7,454

.98

.98

.95

.86

7,031

.99

.99

.38

(26

.62)

8,463

.97

.97

.98

.00

4,626

.96

.93

.51

.24

1,209,229

.71

0.00 3

.47

.06

1,148,948

.73

.01

.95

.91

1,001,200

.74

.01

.37

(25

.88)

1,118,947

.72

0.00 3

.90

.31

1,485,005

.71

0.00 2

.42

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

3.4 International Responsible Equity

Class A:

10/31/25

$

13.65 $

0.32 $

2.44 $

2.76 $

(0.38)

$

(0.00)

(c) $

(0.38)

$

16.03 10/31/24

11.56 0.32 2.15 2.47 (0.38)

—

(0.38)

13.65 10/31/23

10.20 0.31 1.28 1.59 (0.23)

—

(0.23)

11.56 10/31/22

13.76 0.30 (3.48)

(3.18)

(0.28)

(0.10)

(0.38)

10.20 10/31/21

10.30 0.31 3.30 3.61 (0.15)

—

(0.15)

13.76 Class I:

10/31/25

13.70 0.37 2.45 2.82 (0.40)

(0.00)

(c) (0.40)

16.12 10/31/24

11.59 0.34 2.17 2.51 (0.40)

—

(0.40)

13.70 10/31/23

10.24 0.33 1.27 1.60 (0.25)

—

(0.25)

11.59 10/31/22

13.81 0.29 (3.45)

(3.16)

(0.31)

(0.10)

(0.41)

10.24 10/31/21

10.33 0.35 3.30 3.65 (0.17)

—

(0.17)

13.81 Premier Class:

10/31/25

13.73 0.35 2.46 2.81 (0.40)

(0.00)

(c) (0.40)

16.14 10/31/24

11.62 0.32 2.18 2.50 (0.39)

—

(0.39)

13.73 10/31/23

10.25 0.32 1.29 1.61 (0.24)

—

(0.24)

11.62 10/31/22

13.83 0.32 (3.50)

(3.18)

(0.30)

(0.10)

(0.40)

10.25 10/31/21

10.34 0.34 3.31 3.65 (0.16)

—

(0.16)

13.83 Class R6:

10/31/25

13.72 0.38 2.45 2.83 (0.42)

(0.00)

(c) (0.42)

16.13 10/31/24

11.61 0.36 2.16 2.52 (0.41)

—

(0.41)

13.72 10/31/23

10.25 0.35 1.27 1.62 (0.26)

—

(0.26)

11.61 10/31/22

13.82 0.33 (3.48)

(3.15)

(0.32)

(0.10)

(0.42)

10.25 10/31/21

10.34 0.35 3.31 3.66 (0.18)

—

(0.18)

13.82 Retirement Class:

10/31/25

13.64 0.34 2.43 2.77 (0.38)

(0.00)

(c) (0.38)

16.03 10/31/24

11.55 0.32 2.15 2.47 (0.38)

—

(0.38)

13.64 10/31/23

10.20 0.32 1.26 1.58 (0.23)

—

(0.23)

11.55 10/31/22

13.76 0.30 (3.47)

(3.17)

(0.29)

(0.10)

(0.39)

10.20 10/31/21

10.30 0.33 3.29 3.62 (0.16)

—

(0.16)

13.76 (a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Value rounded to zero.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

20.77 %

$

41,485

0.76 %

0.63 %

2.23 %

%

21.74 35,546

0.61 0.61 2.39 29

15.61 28,059

0.63 0.63 2.60 30

(23.72)

21,246

0.66 0.65 2.55 15

35.27 21,846

0.70 0.70 2.41 12

21.18 15,025

0.33 0.28 2.57 21

22.04 14,300

0.45 0.45 2.58 29

15.69 11,987

0.49 0.49 2.75 30

(23.55)

8,600

0.48 0.48 2.56 15

35.60 2,557

0.46 0.46 2.66 12

21.01 714

0.49 0.43 2.39 21

21.88 742

0.50 0.50 2.42 29

15.77 954

0.50 0.50 2.70 30

(23.64)

618

0.52 0.52 2.65 15

35.49 771

0.52 0.52 2.58 12

21.21 970,826

0.33 0.28 2.60 21

22.15 854,575

0.34 0.34 2.68 29

15.85 715,703

0.34 0.34 2.90 30

(23.47)

657,816

0.37 0.37 2.85 15

35.70 556,304

0.36 0.36 2.68 12

20.95 885,826

0.58 0.53 2.38 21

21.80 710,094

0.59 0.59 2.41 29

15.58 629,526

0.59 0.59 2.66 30

(23.66)

457,544

0.62 0.62 2.60 15

35.42 386,981

0.61 0.61 2.50 12

Notes to Financial Statements

1. General Information

Trust and Fund Information:

TIAA-CREF Funds (the "Trust") is an open-end management investment company registered under the

Investment Company Act of 1940 ("1940 Act"), as amended. The Trust is comprised of the following (collectively the "Funds" or

individually, the "Fund"), among others:

Fund Name Changes:

Effective March 1, 2025, Nuveen Mid Cap Growth Fund changed its name as noted above to Quant Mid Cap

Growth and therefore all references to the name of the Fund in this report have been updated.

Fund Reorganizations:

At a special meeting held on March 5, 2025, shareholders of Nuveen Mid Cap Value 1 Fund did not approve

the proposed reorganization of the fund into Mid Cap Value, which was previously approved by the Board of Directors/Trustees of the

Funds (the "Board") on September 19, 2024.

Effective after the close of business on December 13, 2024, Nuveen Social Choice Low Carbon Equity Fund (the "Target Fund") was

merged into Large Cap Responsible Equity (the "Acquiring Fund") (the "Reorganization").

Upon closing of the Reorganization, the Target Fund transferred its assets to the Acquiring Fund in exchange for shares of the

Acquiring Fund and the assumption by the Acquiring Fund of the liabilities of the Target Fund. The Acquiring Fund shares were

distributed to Target Fund shareholders and the Target Fund was terminated. Each Target Fund shareholder received Acquiring Fund

shares with a total value equal to the total value of that shareholder's Target Fund shares immediately prior to the closing of the

Reorganization.

Details of the Reorganization are further described in Note 11 – Fund Reorganization.

Current Fiscal Period:

The end of the reporting period for the Funds is October 31, 2025, and the period covered by these Notes to

Financial Statements is the fiscal year ended October 31, 2025 (the "current fiscal period").

Share Classes and Sales Charges:

The Funds offer up to six share classes, although any one Fund may not necessarily offer all six

classes. The Funds may offer Class A, Class I, Premier Class, Class R6, Retirement Class and Class W shares. Each class differs by

the allocation of class-specific expenses and voting rights in matters affecting a single class. The Funds offer their shares through

their principal underwriter, Nuveen Securities, LLC ("Nuveen Securities"), which is a wholly owned indirect subsidiary of TIAA.

Class A Shares are generally sold with an up-front sales charge. Class A Share purchases of $1 million or more are sold at net asset

value ("NAV") without an up-front sales charge but may be subject to a contingent deferred sales charge ("CDSC") of 1% if redeemed

within eighteen months of purchase. Class I, Premier Class, Class R6, Retirement Class and Class W shares are sold without an up-

front sales charge.

Fund Name

Short Name

Nuveen Core Equity Fund

Core Equity

Nuveen Large Cap Growth Fund

Large Cap Growth

Nuveen Large Cap Value Fund

Large Cap Value

Nuveen Quant Mid Cap Growth Fund

Quant Mid Cap Growth

Nuveen Mid Cap Value Fund

Mid Cap Value

Nuveen Quant Small Cap Equity Fund

Quant Small Cap Equity

Nuveen Quant Small/Mid Cap Equity Fund

Quant Small/Mid Cap Equity

Nuveen Large Cap Responsible Equity Fund

Large Cap Responsible Equity

Nuveen Emerging Markets Equity Fund

Emerging Markets Equity

Nuveen International Equity Fund

International Equity

Nuveen International Opportunities Fund

International Opportunities

Nuveen Quant International Small Cap Equity Fund

Quant International Small Cap Equity

Nuveen International Responsible Equity Fund

International Responsible Equity

2. Significant Accounting Policies

The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United

States of America ("U.S. GAAP"), which may require the use of estimates made by management and the evaluation of subsequent

events. Actual results may differ from those estimates. The Funds are investment companies and follow the accounting guidance

in the Financial Accounting Standards Board ("FASB") Accounting Standards Codification 946, Financial Services — Investment

Companies. The NAV for financial reporting purposes may differ from the NAV for processing security and common share transactions.

The NAV for financial reporting purposes includes security and common share transactions through the date of the report. Total return

is computed based on the NAV used for processing security and common share transactions. The following is a summary of the

significant accounting policies consistently followed by the Funds.

Compensation:

The Funds pay the members of the Board all of whom are independent, certain remuneration for their services, plus

travel and other expenses. The Board has adopted a deferred compensation plan for independent trustees that enables trustees to

elect to defer receipt of all or a portion of the annual compensation they are entitled to receive from certain Nuveen-advised funds.

Under the plan, deferred amounts are treated as though equal dollar amounts had been invested in shares of select Nuveen-advised

funds. Amounts deferred are retained by the Funds until paid. Amounts payable to the trustees for compensation are included

separately in the accompanying Statement of Assets and Liabilities. Trustees' fees, including any deferred compensation incurred,

are reflected in the Statement of Operations.

Distributions to Shareholders:

Distributions to shareholders are recorded on the ex-dividend date. The amount, character and timing of

distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP.

Foreign Currency Transactions and Translation:

The books and records of the Funds are maintained in U.S. dollars. Assets, including

investments, and liabilities denominated in foreign currencies are translated into U.S. dollars at the end of each day. Purchases and

sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the respective dates of

the transactions.

Some markets in which the Funds invest impose capital controls, repatriation limits and/or transaction fees, for example, on the

amount of foreign currency that may be converted to U.S. dollars. These restrictions, in some markets where foreign exchange

restrictions are imposed, may be reflected in non-deliverable forward rates (NDF), or prevailing "offshore" rates that apply to non-

local investors. Accordingly, the Fund may apply NDF rates, or another alternative exchange rate believed by the Adviser to be more

reflective of the rates at which the Funds may transact, where applicable, to convert the value of non-U.S. dollar denominated

securities to U.S. dollars. The U.S. dollar market value of such securities held in markets where NDF rates exist may be lower than

the U.S. dollar market value of securities using prevailing local or "onshore" foreign currency exchange rates.

Net realized foreign currency gains and losses resulting from changes in exchange rates associated with (i) foreign currency,

(ii) investments and (iii) derivatives include foreign currency gains and losses between trade date and settlement date of the

transactions, foreign currency transactions, and the difference between the amounts of interest and dividends recorded on the books

of the

Funds

and the amounts actually received are recognized as a component of "Net realized gain (loss) from foreign currency

transactions" on the Statement of Operations, when applicable.

The unrealized gains and losses resulting from changes in foreign currency exchange rates and changes in foreign exchange

rates associated with (i) investments and (ii) other assets and liabilities are recognized as a component of "Change in unrealized

appreciation (depreciation) on foreign currency translations" on the Statement of Operations, when applicable. The unrealized

gains and losses resulting from changes in foreign exchange rates associated with investments in derivatives are recognized as a

component of the respective derivative's related "Change in unrealized appreciation (depreciation)" on the Statement of Operations,

when applicable.

Foreign Taxes:

The Funds may be subject to foreign taxes on income, gains on investments or foreign currency repatriation, a portion

of which may be recoverable. The Funds will accrue such taxes and recoveries as applicable, based upon the current interpretation of

tax rules and regulations that exist in the markets in which the Funds invest.

Indemnifications:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities

arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into

contracts that provide general indemnifications to other parties. The Trust's maximum exposure under these arrangements is

unknown as this would involve future claims that may be made against the Trust that have not yet occurred. However, the Trust has

not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

Notes to Financial Statements

(continued)

Investments and Investment Income:

Securities transactions are accounted for as of the trade date for financial reporting purposes.

Interest income is recorded on an accrual basis and includes accretion of discounts and amortization of premiums. Dividend income

is recorded on the ex-dividend date. Foreign dividend income is recorded on the ex-dividend date or as soon as possible after

the Funds determine the existence of a dividend declaration. Securities lending income is comprised of fees earned from borrowers

and income earned on cash collateral investments. Realized gains and losses on securities transactions are based upon the specific

identification method. Distributions received on securities that represent a return of capital or capital gains are recorded as a

reduction of cost of investments and/or as a realized gain. The Funds estimate the components of distributions received that may be

considered return of capital distributions or capital gain distributions.

Multiclass Operations and Allocations:

Income, expenses, realized gains and losses and unrealized appreciation and depreciation of

a Fund are allocated on a pro rata basis to each class of shares, except for service agreement fees, distribution fees and transfer

agency fees and expenses, which are unique to each class of shares. Most expenses of the Trust can be directly attributed to a

Fund. Expenses that cannot be directly attributed are allocated to each Fund in the Trust based upon the average net assets of each

Fund.

Netting Agreements:

In the ordinary course of business, the Funds may enter into transactions subject to enforceable master

repurchase agreements, International Swaps and Derivatives Association, Inc. (ISDA) master agreements or other similar

arrangements ("netting agreements"). Generally, the right to offset in netting agreements allows each Fund to offset certain

securities and derivatives with a specific counterparty, when applicable, as well as any collateral received or delivered to that

counterparty based on the terms of the agreements. Generally, each Fund manages its cash collateral and securities collateral on a

counterparty basis. With respect to certain counterparties, in accordance with the terms of the netting agreements, collateral posted

to the Funds is held in a segregated account by the Funds' custodian and/or with respect to those amounts which can be sold or

repledged, are presented in the Funds' Portfolio of Investments or Statement of Assets and Liabilities.

The Funds' investments subject to netting agreements as of the end of the current fiscal period, if any, are further described later in

these Notes to Financial Statements.

New Accounting Pronouncement:

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740) Improvements

to Income tax disclosures ("ASU 2023-09"). The primary purpose of the amendments within ASU 2023-09 is to enhance the

transparency and decision usefulness of income tax disclosures primarily related to the rate reconciliation table and income

taxes paid information. The amendments in ASU 2023-09 are effective for annual periods beginning after December 15, 2024.

Management is currently evaluating the implications of these changes on the financial statements.

Segment

Reporting

:

In November 2023, the FASB issued Accounting Standard Update ("ASU") No. 2023-07, Segment Reporting

(Topic 280) Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The amendments in ASU 2023-07 improve

reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. ASU

2023-07 also requires a public entity that has a single reportable segment to provide all the disclosures required by the amendments

in ASU 2023-07 and all existing segment disclosures in Topic 280. The amendments in ASU 2023-07 are effective for fiscal years

beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Funds adopted

ASU 2023-07 during the current fiscal period. Adoption of the new standard impacted financial statement disclosures only and did

not affect the Funds' financial positions or the results of their operations.

Each Fund represents a single operating segment. The officers of the Funds act as the chief operating decision maker ("CODM"). The

CODM monitors the operating results of each Fund as a whole and is responsible for each Fund's long-term strategic asset allocation

in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the Fund's portfolio

managers as a team. The financial information in the form of the Fund's portfolio composition, 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 Statement of Assets and Liabilities as "total assets" and significant segment revenues and expenses are listed on the

Statement of Operations.

3. Investment Valuation and Fair Value Measurements

The Funds' investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the

Adviser, subject to the oversight of the Board. Fair value is defined as the price that would be received upon selling an investment

or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the

investment. U.S. GAAP establishes the three-tier hierarchy that is used to maximize the use of observable market data and minimize

the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable

inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market

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

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

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

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

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

rates, credit spreads, etc.).

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

fair value of investments).

A description of the valuation techniques applied to the Funds' major classifications of assets and liabilities measured at fair value

follows:

Prices of fixed-income securities are provided by pricing services approved by the Adviser, which is subject to review by the

Adviser and oversight of the Board. Pricing services establish a security's fair value using methods that may include consideration

of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or

indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other

information and analysis, including the obligor's credit characteristics considered relevant. In pricing certain securities, particularly

less liquid and lower quality securities, pricing services may consider information about a security, its issuer or market activity

provided by the Adviser. These securities are generally classified as Level 2.

Equity securities and exchange-traded funds listed or traded on a national market or exchange are valued based on their last reported

sales price or official closing price of such market or exchange on the valuation date. Foreign equity securities and registered

investment companies that trade on a foreign exchange are valued at the last reported sales price or official closing price on the

principal exchange where traded, and converted to U.S. dollars at the prevailing rates of exchange on the valuation date. For events

affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when

the Funds' net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the

Adviser, subject to the oversight of the Board. To the extent these securities are actively traded and no valuation adjustments are

applied, they are generally classified as Level 1. When valuation adjustments are applied to the most recent last sales price or official

closing price, these securities are generally classified as Level 2.

Investments in investment companies are valued at their respective NAVs or share price on the valuation date and are generally

classified as Level 1.

Repurchase agreements are valued at contract amount plus accrued interest, which approximates market value. These securities are

generally classified as Level 2.

Futures contracts are valued using the closing settlement price or, in the absence of such a price, the last traded price and are

generally classified as Level 1.

For any portfolio security or derivative for which market quotations are not readily available or for which the Adviser deems the

valuations derived using the valuation procedures described above not to reflect fair value, the Adviser will determine a fair value in

good faith using alternative procedures approved by the Adviser, subject to the oversight of the Board. As a general principle, the fair

value of a security is the amount that the owner might reasonably expect to receive for it in a current sale. A variety of factors may

be considered in determining the fair value of such securities, which may include consideration of the following: yields or prices of

investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security

dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including

the obligor's credit characteristics considered relevant. To the extent the inputs are observable and timely, the values would be

classified as Level 2; otherwise they would be classified as Level 3.

The following table summarizes the market value of the Funds' investments as of the end of the current fiscal period, based on the

inputs used to value them:

Fund

Level 1

Level 2

Level 3

Total

Core Equity

Long-Term Investments

:

Common stocks

$7,256,094,129

$—

$—

$7,256,094,129

Investments purchased with collateral from securities lending

6,153,167

—

—

6,153,167

Short-Term Investments

:

Government agency debt

—

5,482,033

—

5,482,033

Repurchase agreement

—

10,557,000

—

10,557,000

Total

$7,262,247,296

$16,039,033

$—

$7,278,286,329

Notes to Financial Statements

(continued)

Fund

Level 1

Level 2

Level 3

Total

Large Cap Growth

Long-Term Investments

:

Common stocks

$6,399,208,107

$282,859,720

$—

$6,682,067,827

Investments purchased with collateral from securities lending

553,756

—

—

553,756

Short-Term Investments

:

Government agency debt

—

4,984,989

—

4,984,989

Repurchase agreement

—

11,049,000

—

11,049,000

Total

$6,399,761,863

$298,893,709

$—

$6,698,655,572

Large Cap Value

Long-Term Investments

:

Common stocks

$6,178,650,675

$—

$—

$6,178,650,675

Investments purchased with collateral from securities lending

28,550

—

—

28,550

Short-Term Investments

:

Government agency debt

—

4,984,989

—

4,984,989

Repurchase agreement

—

17,793,000

—

17,793,000

Total

$6,178,679,225

$22,777,989

$—

$6,201,457,214

Quant Mid Cap Growth

Long-Term Investments

:

Common stocks

$782,010,219

$—

$1,537

$782,011,756

Investments purchased with collateral from securities lending

58,746,005

—

—

58,746,005

Short-Term Investments

:

Repurchase agreement

—

772,000

—

772,000

Total

$840,756,224

$772,000

$1,537

$841,529,761

Mid Cap Value

Long-Term Investments

:

Common stocks

$1,572,824,743

$—

$—

$1,572,824,743

Investments purchased with collateral from securities lending

100,868,585

—

—

100,868,585

Short-Term Investments

:

Repurchase agreement

—

1,503,000

—

1,503,000

Total

$1,673,693,328

$1,503,000

$—

$1,675,196,328

Quant Small Cap Equity

Long-Term Investments

:

Common stocks

$3,360,122,433

$—

$—

$3,360,122,433

Rights/Warrants

—

—

100,785

100,785

Investments purchased with collateral from securities lending

295,561,549

—

—

295,561,549

Short-Term Investments

:

Government agency debt

—

4,972,028

—

4,972,028

Repurchase agreement

—

18,202,000

—

18,202,000

Investments in Derivatives

:

Futures contracts\*

116,574

—

—

116,574

Total

$3,655,800,556

$23,174,028

$100,785

$3,679,075,369

Quant Small/Mid Cap Equity

Long-Term Investments

:

Common stocks

$1,902,563,148

$—

$418

$1,902,563,566

Investment companies

36,037,844

—

—

36,037,844

Investments purchased with collateral from securities lending

16,714,240

—

—

16,714,240

Short-Term Investments

:

Repurchase agreement

—

9,904,000

—

9,904,000

Total

$1,955,315,232

$9,904,000

$418

$1,965,219,650

Large Cap Responsible Equity

Long-Term Investments

:

Common stocks

$6,547,202,514

$—

$—

$6,547,202,514

Investment companies

10,588,000

—

—

10,588,000

Short-Term Investments

:

Government agency debt

—

9,951,444

—

9,951,444

Repurchase agreement

—

11,569,000

—

11,569,000

Treasury debt

—

24,949,873

—

24,949,873

Investments in Derivatives

:

Futures contracts\*

737,619

—

—

737,619

Total

$6,558,528,133

$46,470,317

$—

$6,604,998,450

4. Portfolio Securities

Repurchase Agreements:

In connection with transactions in repurchase agreements, it is the Fund's policy that its custodian take

possession of the underlying collateral securities, the fair value of which exceeds the principal amount of the repurchase transaction,

including accrued interest, at all times. If the counterparty defaults, and the fair value of the collateral declines, realization of the

collateral may be delayed or limited.

The following table presents the repurchase agreements for the Funds that are subject to netting agreements as of the end of

the current fiscal period, and the collateral delivered related to those repurchase agreements.

Fund

Level 1

Level 2

Level 3

Total

Emerging Markets Equity

Long-Term Investments

:

Common stocks

$378,385,570

$1,360,834,106

$223

$1,739,219,899

Investments purchased with collateral from securities lending

5,824,193

—

—

5,824,193

Short-Term Investments

:

Government agency debt

—

4,972,028

—

4,972,028

Repurchase agreement

—

7,135,000

—

7,135,000

Total

$384,209,763

$1,372,941,134

$223

$1,757,151,120

International Equity

Long-Term Investments

:

Common stocks

$439,771,626

$4,954,376,049

$—

$5,394,147,675

Investments purchased with collateral from securities lending

126,210,483

—

—

126,210,483

Short-Term Investments

:

Repurchase agreement

—

7,424,000

—

7,424,000

Total

$565,982,109

$4,961,800,049

$—

$5,527,782,158

International Opportunities

Long-Term Investments

:

Common stocks

$530,492,697

$2,168,663,274

$1,638

$2,699,157,609

Investments purchased with collateral from securities lending

60,513

—

—

60,513

Short-Term Investments

:

Government agency debt

—

19,908,461

—

19,908,461

Repurchase agreement

—

26,554,000

—

26,554,000

Treasury debt

—

44,884,326

—

44,884,326

Total

$530,553,210

$2,260,010,061

$1,638

$2,790,564,909

Quant International Small Cap Equity

Long-Term Investments

:

Common stocks

$236,267,834

$1,055,361,046

$6,689

$1,291,635,569

Investment companies

19,092,477

—

—

19,092,477

Investments purchased with collateral from securities lending

19,839,464

—

—

19,839,464

Short-Term Investments

:

Repurchase agreement

—

1,450,000

—

1,450,000

Total

$275,199,775

$1,056,811,046

$6,689

$1,332,017,510

International Responsible Equity

Long-Term Investments

:

Common stocks

$49,876,260

$1,843,967,856

$—

$1,893,844,116

Investments purchased with collateral from securities lending

15,171,264

—

—

15,171,264

Short-Term Investments

:

Government agency debt

—

2,789,308

—

2,789,308

Investments in Derivatives

:

Futures contracts\*

(25,220)

—

—

(25,220)

Total

$65,022,304

$1,846,757,164

$—

$1,911,779,468

\*

Represents net unrealized appreciation (depreciation).

Notes to Financial Statements

(continued)

Securities Lending:

Certain Funds may lend their securities to qualified institutional borrowers to earn additional income. A

Fund receives cash collateral and non-cash collateral (in the form of Treasury securities or other collateral permitted by applicable

law) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of loaned securities

during the period of the loan. If the market value of the loaned securities increases, the borrower must furnish additional collateral

to the Fund, which is recognized on the Statement of Assets and Liabilities. The market value of securities loaned is determined at

the close of business of the Funds and any additional required collateral is delivered to the Funds on the next business day. Cash

collateral received by the Fund will generally be invested in high-quality short-term instruments or in one or more funds maintained by

the securities lending agent ("Agent") for the purpose of investing cash collateral.

The value of the loaned securities and the liability to return the cash collateral received are reflected in the Statement of Assets and

Liabilities. Non-cash collateral is not disclosed in the Funds' Statement of Assets and Liabilities as it is held by the Agent or by a

third-party bank engaged by the Agent as a special "tri-party" custodian on behalf of the Funds, and the Funds do not have the ability

to sell or re-hypothecate those securities.

As of the end of the current fiscal period, securities lending transactions are for equity and fixed income securities, and the

resulting loans are continuous, can be recalled at any time, and have no set maturity. Securities lending income recognized by the

Funds consists of earnings on invested collateral and lending fees, net of any rebates to the borrower and compensation to the

Agent. Such income is reflected separately in the Statement of Operations. In lending its securities, a Fund bears the market risk with

respect to the investment of collateral and the risk that the Agent may default on its contractual obligations to the Fund. The Agent

bears the risk that the borrower may default on its obligation to return the loaned securities as the Agent is contractually obligated to

indemnify the Fund if at the time of a default by a borrower some or all of the loan securities have not been returned.

As of the end of the current fiscal period, the total value of securities on loan and the total value of collateral received were as

follows:

Fund

Counterparty

Short-term Investments,

at Value

Collateral Pledged

(From) Counterparty

Core Equity

Fixed Income Clearing Corporation

$

10,557,000

$

(10,768,245)

Large Cap Growth

Fixed Income Clearing Corporation

11,049,000

(11,270,137)

Large Cap Value

Fixed Income Clearing Corporation

17,793,000

(18,148,989)

Quant Mid Cap Growth

Fixed Income Clearing Corporation

772,000

(787,629)

Mid Cap Value

Fixed Income Clearing Corporation

1,503,000

(1,533,214)

Quant Small Cap Equity

Fixed Income Clearing Corporation

18,202,000

(18,566,114)

Quant Small/Mid Cap Equity

Fixed Income Clearing Corporation

9,904,000

(10,102,159)

Large Cap Responsible Equity

Fixed Income Clearing Corporation

11,569,000

(11,800,493)

Emerging Markets Equity

Fixed Income Clearing Corporation

7,135,000

(7,277,834)

International Equity

Fixed Income Clearing Corporation

7,424,000

(7,572,609)

International Opportunities

Fixed Income Clearing Corporation

26,554,000

(27,085,095)

Quant International Small Cap Equity

Fixed Income Clearing Corporation

1,450,000

(1,479,174)

Aggregate Value of

Securities on Loan

Fund

Equity

Securities

Cash Collateral

Received\*

Non-Cash Collateral

Received\*\*

Total Collateral

Received

Core Equity

$5,920,700

$6,153,167

$–

$6,153,167

Large Cap Growth

15,923,660

553,756

15,345,475

15,899,231

Large Cap Value

28,243

28,550

–

28,550

Quant Mid Cap Growth

58,803,606

58,746,005

–

58,746,005

Mid Cap Value

106,133,492

100,868,585

7,791,277

108,659,862

Quant Small Cap Equity

315,343,525

295,561,549

23,233,300

318,794,849

Quant Small/Mid Cap Equity

40,891,294

16,714,240

24,668,043

41,382,283

Emerging Markets Equity

25,929,975

5,824,193

21,539,430

27,363,623

International Equity

120,446,553

126,210,483

–

126,210,483

International Opportunities

60,513

–

60,513

Quant International Small Cap Equity

43,153,852

19,839,464

25,744,652

45,584,116

International Responsible Equity

26,550,678

15,171,264

12,928,093

28,099,357

\*May include cash and investment of cash collateral.

\*\*As of the end of the current fiscal period, the non-cash collateral received by the Funds was comprised of U.S. Treasury securities.

Purchases and Sales:

Long-term purchases and sales (excluding in-kind transactions) during the current fiscal period were as follows:

The Funds may purchase securities on a when-issued or delayed-delivery basis. Securities purchased on a when-issued or delayed-

delivery basis may have extended settlement periods; interest income is not accrued until settlement date. Any securities so

purchased are subject to market fluctuation during this period. If a Fund has outstanding when-issued/delayed-delivery purchases

commitments as of the end of the current fiscal period, such amounts are recognized on the Statement of Assets and Liabilities.

5. Derivative Investments

Each Fund is authorized to invest in certain derivative instruments. As defined by U.S. GAAP, a derivative is a financial instrument

whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other

variables. Investments in derivatives as of the end of and/or during the current fiscal period, if any, are included within the Statement

of Assets and Liabilities and the Statement of Operations, respectively.

Futures Contracts:

Certain Funds are subject to equity price and interest rate risk in the normal course of pursuing their investment

objectives. During the current fiscal period, the Funds listed below used equity index futures to equitize cash in their portfolios.

A futures contract is an agreement between two parties to buy and sell a financial instrument for a set price on a future date. Upon

execution of a futures contract, the Fund is obligated to deposit cash or eligible securities, also known as "initial margin," into an

account at its clearing broker equal to a specified percentage of the contract amount. Securities deposited for initial margin, if any,

are identified in the Portfolio of Investments and cash deposited for initial margin, if any, is reflected on the Statement of Assets and

Liabilities.

During the period the futures contract is open, changes in the market value of the contract are recognized as an unrealized gain

or loss by "marking-to-market" on a daily basis. The Fund and the clearing broker are obligated to settle monies on a daily basis

representing the changes in the value of the contracts. These daily cash settlements are known as "variation margin" which are

recognized on the Statement of Assets and Liabilities as a receivable or payable for variation margin on futures contracts. When the

contract is closed or expired, the Fund records a realized gain or loss equal to the difference between the value of the contract on

the closing date and value of the contract when originally entered into. The net realized gain or loss and the change in unrealized

appreciation (depreciation) on futures contracts held during the period is included on the Statement of Operations.

Risks of investments in futures contracts include the possible adverse movement in the price of the securities or indices underlying

the contracts, the possibility that there may not be a liquid secondary market for the contracts and/or that a change in the value

of the contract may not correlate with a change in the value of the underlying securities or indices.

The average notional amount of futures contracts outstanding during the current fiscal period was as follows:

Fund

Non-U.S. Government

Purchases

Non-U.S. Government

Sales

2.1 Core Equity

$

8,027,854,305

$

8,293,869,703

2.2 Large Cap Growth

2,586,401,614

3,619,492,301

2.3 Large Cap Value

1,118,425,410

2,401,969,660

2.4 Quant Mid Cap Growth

1,508,788,912

1,772,350,401

2.5 Mid Cap Value

478,322,410

797,808,979

2.6 Quant Small Cap Equity

2,570,961,678

3,075,398,391

2.7 Quant Small/Mid Cap Equity

1,705,200,693

1,405,095,022

2.8 Large Cap Responsible Equity

1,640,958,650

3,359,902,032

3.01 Emerging Markets Equity

1,839,332,589

2,140,053,829

3.1 International Equity

1,617,258,843

4,021,202,415

3.2 International Opportunities

1,356,644,369

1,371,923,311

3.3 Quant International Small Cap Equity

1,385,315,781

1,583,493,068

3.4 International Responsible Equity

360,260,354

358,263,659

Fund

Average Notional Amount of Futures Contracts Outstanding\*

2.6 Quant Small Cap Equity

$

25,170,981

2.8 Large Cap Responsible Equity

35,221,314

3.4 International Responsible Equity

17,267,597

\*

The average notional amount is calculated based on the absolute aggregate notional amount of contracts outstanding at the beginning of the current fiscal period and at

the end of each fiscal quarter within the current fiscal period.

Notes to Financial Statements

(continued)

As of the end of the current fiscal period, the following Funds have invested in derivative contracts which are reflected in the

Statement of Assets and Liabilities as follows:

During the current fiscal period, the effect of derivative contracts on the Funds' Statement of Operations was as follows:

6. Fund Shares

Transactions in Fund shares during the current and prior fiscal period were as follows:

Asset Derivatives

Liability Derivatives

Derivative Instrument

Risk Exposure

Location

Value

Location

Value

Quant Small Cap Equity

Futures contracts

Equity

Unrealized appreciation

on futures contracts

\*

$

116,574

-

$

–

Large Cap Responsible Equity

Futures contracts

Equity

Unrealized appreciation

on futures contracts

\*

737,619

-

–

International Responsible Equity

Futures contracts

Equity

-

–

Unrealized depreciation

on futures contracts

\*

(25,220)

\*

Value represents the cumulative unrealized appreciation (depreciation) of cleared derivative contracts as reported in the Fund's Portfolio of Investments. The Statement of

Assets and Liabilities only reflects the current day variation margin receivable/payable from/to brokers on open cleared derivative contracts.

Derivative Instrument

Risk Exposure

Net Realized Gain

(Loss)

Change in Unrealized

Appreciation

(Depreciation)

2.6 Quant Small Cap Equity

Futures contracts

Equity

$

2,507,439

$

640,572

2.8 Large Cap Responsible Equity

Futures contracts

Equity

1,169,107

1,512,172

3.4 International Responsible Equity

Futures contracts

Equity

2,945,454

333,031

Year Ended

10/31/25

Year Ended

10/31/24

2.1 Core Equity

Shares

Value

Shares

Value

Subscriptions:

Class A

982,316

$

26,653,934

1,551,115

$

38,504,550

Class I

724,801

11,471,484

131,706

1,941,665

Premier Class

328,595

5,027,115

247,960

3,669,275

Class R6

22,877,230

343,681,712

12,281,684

183,440,869

Retirement Class

24,331,686

376,226,801

3,980,626

63,561,097

Class W

13,274,518

194,472,102

4,553,676

68,277,358

Total subscriptions

62,519,146

957,533,148

22,746,767

359,394,814

Reinvestments of distributions:

Class A

3,843,698

106,629,248

8,646,053

185,053,857

Class I

51,075

798,967

62,060

786,861

Premier Class

57,855

906,976

101,733

1,294,172

Class R6

12,323,866

192,479,981

23,960,027

303,640,108

Retirement Class

3,970,249

64,564,149

6,756,759

88,664,579

Class W

13,626,793

212,986,768

32,461,512

407,412,638

Total reinvestments of distributions

33,873,536

578,366,089

71,988,144

986,852,215

Redemptions:

Class A

(5,445,502)

(147,776,397)

(5,507,441)

(136,280,326)

Class I

(204,022)

(3,119,295)

(210,286)

(3,179,887)

Premier Class

(184,605)

(2,881,749)

(228,746)

(3,529,369)

Class R6

(28,989,462)

(445,691,787)

(20,896,644)

(311,282,266)

Retirement Class

(2,929,226)

(49,053,095)

(3,693,637)

(56,424,077)

Class W

(38,043,719)

(606,208,779)

(39,326,997)

(590,590,901)

Total redemptions

(75,796,536)

(1,254,731,102)

(69,863,751)

(1,101,286,826)

Net increase (decrease) from shareholder transactions

20,596,146

$

281,168,135

24,871,160

$

244,960,203

Year Ended

10/31/25

Year Ended

10/31/24

2.2 Large Cap Growth

Shares

Value

Shares

Value

Subscriptions:

Class A

1,003,589

$

28,945,426

1,664,876

$

42,354,622

Class I

242,168

7,273,382

110,790

2,872,026

Premier Class

55,102

1,629,207

132,827

3,317,310

Class R6

6,977,875

197,613,214

9,743,557

248,314,746

Retirement Class

561,714

16,428,809

1,656,033

40,295,505

Class W

10,363,557

299,818,339

5,958,631

156,576,146

Total subscriptions

19,204,005

551,708,377

19,266,714

493,730,355

Reinvestments of distributions:

Class A

2,984,255

87,140,244

–

–

Class I

12,104

355,245

6,023

Premier Class

7,755

228,085

1,605

Class R6

3,834,574

112,659,770

148,500

3,370,945

Retirement Class

904,165

26,256,946

2,689

60,378

Class W

5,761,817

169,051,703

670,234

15,194,214

Total reinvestments of distributions

13,504,670

395,691,993

821,760

18,633,165

Redemptions:

Class A

(5,064,584)

(146,516,769)

(4,099,568)

(105,731,293)

Class I

(35,973)

(1,055,767)

(87,229)

(2,370,082)

Premier Class

(32,379)

(926,536)

(366,938)

(10,049,077)

Class R6

(17,934,358)

(528,271,176)

(15,302,380)

(388,999,643)

Retirement Class

(3,416,700)

(97,959,474)

(3,153,356)

(81,811,841)

Class W

(23,545,213)

(696,795,983)

(30,967,230)

(814,656,032)

Total redemptions

(50,029,207)

(1,471,525,705)

(53,976,701)

(1,403,617,968)

Net increase (decrease) from shareholder transactions

(17,320,532)

$

(524,125,335)

(33,888,227)

$

(891,254,448)

Year Ended

10/31/25

Year Ended

10/31/24

2.3 Large Cap Value

Shares

Value

Shares

Value

Subscriptions:

Class A

265,607

$

5,737,192

342,105

$

6,951,327

Class I

1,037,803

25,570,601

5,168

113,657

Premier Class

74,367

1,742,255

1,164,317

24,095,459

Class R6

7,026,115

162,065,656

42,851,735

915,683,840

Retirement Class

4,834,829

111,696,399

19,439,851

418,147,150

Class W

12,100,467

284,346,281

11,041,329

241,178,947

Total subscriptions

25,339,188

591,158,384

74,844,505

1,606,170,380

Reinvestments of distributions:

Class A

279,987

6,072,920

664,368

11,905,473

Class I

651

15,037

2,160

41,140

Premier Class

82,163

1,898,781

169,913

3,235,151

Class R6

5,404,502

125,006,127

8,873,121

169,121,679

Retirement Class

1,744,065

40,165,816

2,286,087

43,412,797

Class W

4,070,432

94,026,972

9,601,832

182,818,865

Total reinvestments of distributions

11,581,800

267,185,653

21,597,481

410,535,105

Redemptions:

Class A

(865,289)

(18,818,110)

(840,229)

(16,736,111)

Class I

(16,137)

(383,210)

(12,928)

(276,092)

Premier Class

(684,308)

(15,966,693)

(586,757)

(13,241,957)

Class R6

(51,819,409)

(1,199,696,347)

(5,629,174)

(116,629,822)

Retirement Class

(12,133,032)

(285,735,071)

(1,610,542)

(33,425,526)

Class W

(20,304,000)

(471,799,540)

(25,134,786)

(540,382,946)

Total redemptions

(85,822,175)

(1,992,398,971)

(33,814,416)

(720,692,454)

Net increase (decrease) from shareholder transactions

(48,901,187)

$

(1,134,054,934)

62,627,570

$

1,296,013,031

Notes to Financial Statements

(continued)

Year Ended

10/31/25

Year Ended

10/31/24

2.4 Quant Mid Cap Growth

Shares

Value

Shares

Value

Subscriptions:

Class A

190,590

$

3,957,214

243,880

$

4,627,083

Class I

4,860

113,386

8,714

178,868

Premier Class

63,982

1,394,273

185,434

3,426,382

Class R6

461,818

10,104,895

757,398

15,444,604

Retirement Class

342,031

7,213,706

248,452

4,793,827

Total subscriptions

1,063,281

22,783,474

1,443,878

28,470,764

Reinvestments of distributions:

Class I

–

–

Class R6

–

–

55,040

1,033,100

Total reinvestments of distributions

–

–

55,045

1,033,201

Redemptions:

Class A

(1,081,300)

(22,282,491)

(1,592,176)

(30,172,147)

Class I

(1,472)

(29,666)

(11,398)

(229,905)

Premier Class

(129,884)

(2,851,276)

(377,783)

(7,535,369)

Class R6

(9,878,428)

(213,526,039)

(4,892,275)

(98,442,828)

Retirement Class

(2,749,930)

(57,288,049)

(3,131,970)

(58,785,746)

Total redemptions

(13,841,014)

(295,977,521)

(10,005,602)

(195,165,995)

Net increase (decrease) from shareholder transactions

(12,777,733)

$

(273,194,047)

(8,506,679)

$

(165,662,030)

Year Ended

10/31/25

Year Ended

10/31/24

2.5 Mid Cap Value

Shares

Value

Shares

Value

Subscriptions:

Class A

164,936

$

2,798,583

251,358

$

4,142,388

Class I

480,673

9,146,913

7,433

Premier Class

175,126

3,089,488

615,555

9,746,949

Class R6

1,100,383

20,335,000

2,101,890

37,983,597

Retirement Class

3,229,377

59,177,459

1,745,190

32,012,852

Total subscriptions

5,150,495

94,547,443

4,714,462

83,893,219

Reinvestments of distributions:

Class A

733,209

13,095,111

177,785

2,657,881

Class I

20,347

382,328

5,443

Premier Class

102,700

1,931,787

31,668

496,870

Class R6

3,990,899

75,148,621

1,092,977

17,159,732

Retirement Class

1,645,452

30,687,682

378,312

5,890,324

Total reinvestments of distributions

6,492,607

121,245,529

1,681,089

26,210,250

Redemptions:

Class A

(1,299,538)

(22,142,921)

(1,539,023)

(25,125,267)

Class I

(342,575)

(5,943,133)

(13,743)

(234,075)

Premier Class

(297,173)

(5,455,318)

(794,239)

(14,173,523)

Class R6

(19,629,621)

(348,987,521)

(7,663,892)

(130,755,614)

Retirement Class

(4,450,025)

(79,980,167)

(4,592,824)

(76,141,352)

Total redemptions

(26,018,932)

(462,509,060)

(14,603,721)

(246,429,831)

Net increase (decrease) from shareholder transactions

(14,375,830)

$

(246,716,088)

(8,208,170)

$

(136,326,362)

Year Ended

10/31/25

Year Ended

10/31/24

2.6 Quant Small Cap Equity

Shares

Value

Shares

Value

Subscriptions:

Class A

955,672

$

16,907,983

638,597

$

11,047,934

Class I

3,261,597

59,471,584

30,141

582,375

Premier Class

439,113

8,145,732

939,175

15,752,361

Class R6

10,625,142

203,388,309

15,662,011

287,845,995

Retirement Class

2,757,878

48,744,657

6,216,299

108,646,837

Class W

1,601,366

28,132,908

1,516,758

27,595,536

Total subscriptions

19,640,768

364,791,173

25,002,981

451,471,038

Reinvestments of distributions:

Class A

922,267

17,052,709

166,085

2,561,038

Class I

12,193

240,931

996

16,291

Premier Class

259,242

5,081,152

46,786

759,812

Class R6

12,673,210

250,549,363

2,249,370

36,799,697

Retirement Class

3,272,520

61,785,181

498,527

7,831,860

Class W

2,706,608

53,347,248

811,971

13,251,363

Total reinvestments of distributions

19,846,040

388,056,584

3,773,735

61,220,061

Redemptions:

Class A

(1,247,309)

(21,586,224)

(1,126,488)

(19,405,276)

Class I

(223,874)

(4,077,875)

(29,198)

(541,233)

Premier Class

(318,574)

(6,005,381)

(531,691)

(10,161,894)

Class R6

(24,237,055)

(445,670,959)

(6,030,118)

(110,732,693)

Retirement Class

(4,547,240)

(84,347,229)

(2,251,495)

(38,755,850)

Class W

(16,872,960)

(335,928,326)

(9,603,695)

(176,117,857)

Total redemptions

(47,447,012)

(897,615,994)

(19,572,685)

(355,714,803)

Net increase (decrease) from shareholder transactions

(7,960,204)

$

(144,768,237)

9,204,031

$

156,976,296

Year Ended

10/31/25

Year Ended

10/31/24

2.7 Quant Small/Mid Cap Equity

Shares

Value

Shares

Value

Subscriptions:

Class A

565,407

$

8,751,529

419,451

$

5,895,107

Class I

7,386,587

121,141,408

4,530,505

64,010,391

Premier Class

48,265

750,836

–

–

Class R6

8,890,396

133,141,547

2,792,381

39,410,396

Retirement Class

17,990,918

273,537,244

8,689,854

126,935,792

Class W

1,834,054

26,197,179

952,186

13,748,721

Total subscriptions

36,715,627

563,519,743

17,384,377

250,000,407

Reinvestments of distributions:

Class A

169,025

2,643,550

36,381

469,309

Class I

944,951

14,920,777

72,925

948,754

Class R6

585,620

9,235,234

112,951

1,467,227

Retirement Class

4,454,779

69,672,738

678,507

8,752,745

Class W

4,285,456

67,581,649

1,443,551

18,751,724

Total reinvestments of distributions

10,439,831

164,053,948

2,344,315

30,389,759

Redemptions:

Class A

(411,579)

(6,269,981)

(505,755)

(7,238,916)

Class I

(5,817,621)

(85,418,163)

(1,982,526)

(27,981,645)

Premier Class

(6,155)

(97,709)

–

–

Class R6

(1,685,158)

(26,503,862)

(2,100,441)

(30,878,377)

Retirement Class

(300,154)

(4,552,913)

(677,019)

(8,954,060)

Class W

(9,481,345)

(147,301,549)

(13,038,010)

(191,746,814)

Total redemptions

(17,702,012)

(270,144,177)

(18,303,751)

(266,799,812)

Net increase (decrease) from shareholder transactions

29,453,446

$

457,429,514

1,424,941

$

13,590,354

Notes to Financial Statements

(continued)

Year Ended

10/31/25

Year Ended

10/31/24

2.8 Large Cap Responsible Equity

Shares

Value

Shares

Value

Subscriptions:

Class A

4,311,519

$

98,097,982

991,962

$

23,314,236

Class I

1,193,460

35,140,301

160,076

4,338,119

Premier Class

451,677

12,522,896

196,768

5,327,833

Class R6

32,403,327

890,269,875

10,642,177

294,485,727

Retirement Class

20,646,763

576,776,821

257,204

7,352,078

Total subscriptions

59,006,746

1,612,807,875

12,248,187

334,817,993

Reinvestments of distributions:

Class A

4,825,203

111,896,475

1,743,814

36,759,578

Class I

108,502

3,017,436

83,889

2,064,516

Premier Class

176,585

4,898,458

87,731

2,153,793

Class R6

22,573,205

628,438,021

9,367,800

230,728,901

Retirement Class

3,809,139

108,674,731

1,628,579

40,958,754

Total reinvestments of distributions

31,492,634

856,925,121

12,911,813

312,665,542

Redemptions:

Class A

(5,465,630)

(125,361,708)

(3,267,348)

(77,020,085)

Class I

(381,477)

(10,605,695)

(1,094,383)

(30,513,712)

Premier Class

(393,754)

(10,869,355)

(718,265)

(19,908,936)

Class R6

(62,979,813)

(1,755,915,710)

(37,301,253)

(1,034,808,479)

Retirement Class

(12,033,495)

(338,938,785)

(6,219,841)

(175,950,018)

Total redemptions

(81,254,169)

(2,241,691,253)

(48,601,090)

(1,338,201,230)

Net increase (decrease) from shareholder transactions

9,245,211

$

228,041,743

(23,441,090)

$

(690,717,695)

Year Ended

10/31/25

Year Ended

10/31/24

3.01 Emerging Markets Equity

Shares

Value

Shares

Value

Subscriptions:

Class A

49,496

$

445,963

271,106

$

2,405,573

Class I

1,933

17,446

–

–

Premier Class

75,749

652,688

115,890

934,449

Class R6

1,908,886

15,972,960

2,289,610

18,437,115

Retirement Class

359,892

3,158,117

309,802

2,547,289

Class W

22,531,032

189,181,412

34,531,314

279,228,198

Total subscriptions

24,926,988

209,428,586

37,517,722

303,552,624

Reinvestments of distributions:

Class A

15,403

124,151

26,993

205,147

Class I

531

Premier Class

16,593

134,238

20,118

153,700

Class R6

576,075

4,654,687

911,628

6,946,604

Retirement Class

139,274

1,119,760

266,869

2,025,539

Class W

6,140,436

49,614,725

7,337,533

55,912,001

Total reinvestments of distributions

6,887,829

55,647,950

8,563,210

65,243,522

Redemptions:

Class A

(155,501)

(1,291,401)

(396,043)

(3,383,809)

Class I

(26) (215) (185) (1,480)

Premier Class

(103,481)

(911,865)

(67,272)

(539,713)

Class R6

(9,501,497)

(81,896,281)

(7,925,099)

(64,509,817)

Retirement Class

(1,399,097)

(11,772,786)

(2,717,005)

(21,794,411)

Class W

(54,887,845)

(483,152,481)

(43,347,963)

(357,880,737)

Total redemptions

(66,047,447)

(579,025,029)

(54,453,567)

(448,109,967)

Net increase (decrease) from shareholder transactions

(34,232,630)

$

(313,948,493)

(8,372,635)

$

(79,313,821)

Year Ended

10/31/25

Year Ended

10/31/24

3.1 International Equity

Shares

Value

Shares

Value

Subscriptions:

Class A

737,160

$

6,430,665

950,661

$

7,820,779

Class I

181,999

2,842,482

80,517

1,163,058

Premier Class

205,361

3,028,656

1,440,367

18,535,244

Class R6

15,675,140

221,711,988

14,565,237

198,884,624

Retirement Class

977,032

15,351,934

1,471,280

21,202,486

Class W

18,952,284

272,193,942

22,483,510

306,480,642

Total subscriptions

36,728,976

521,559,667

40,991,572

554,086,833

Reinvestments of distributions:

Class A

1,046,453

8,539,058

1,219,001

9,044,987

Class I

4,798

68,511

4,042

51,618

Premier Class

79,798

1,111,592

102,616

1,278,590

Class R6

4,308,421

60,016,307

5,293,275

65,954,208

Retirement Class

450,734

6,571,696

562,880

7,334,328

Class W

7,241,893

101,169,246

8,532,680

106,658,498

Total reinvestments of distributions

13,132,097

177,476,410

15,714,494

190,322,229

Redemptions:

Class A

(2,707,960)

(23,242,523)

(3,100,473)

(25,080,935)

Class I

(52,647)

(833,805)

(28,765)

(402,251)

Premier Class

(662,039)

(9,706,184)

(974,591)

(13,585,308)

Class R6

(57,679,797)

(862,859,616)

(37,767,143)

(519,471,237)

Retirement Class

(4,508,544)

(70,114,404)

(5,305,824)

(73,650,333)

Class W

(137,182,531)

(2,183,525,148)

(49,810,334)

(695,730,188)

Total redemptions

(202,793,518)

(3,150,281,680)

(96,987,130)

(1,327,920,252)

Net increase (decrease) from shareholder transactions

(152,932,445)

$

(2,451,245,603)

(40,281,064)

$

(583,511,190)

Year Ended

10/31/25

Year Ended

10/31/24

3.2 International Opportunities

Shares

Value

Shares

Value

Subscriptions:

Class A

79,698

$

1,218,579

91,344

$

1,383,107

Class I

91,555

1,511,499

35,566

521,947

Premier Class

31,020

511,801

11,053

167,847

Class R6

1,778,324

29,474,446

1,057,911

15,916,848

Retirement Class

72,200

1,145,745

47,938

717,402

Class W

23,797,172

392,575,368

14,083,851

213,298,182

Total subscriptions

25,849,969

426,437,438

15,327,663

232,005,333

Reinvestments of distributions:

Class A

22,489

349,704

23,002

322,714

Class I

17,564

272,948

21,527

302,021

Premier Class

1,842

28,733

1,788

25,175

Class R6

133,103

2,071,086

123,969

1,740,525

Retirement Class

56,500

876,322

63,325

886,546

Class W

2,796,391

43,567,777

2,680,005

37,680,868

Total reinvestments of distributions

3,027,889

47,166,570

2,913,616

40,957,849

Redemptions:

Class A

(532,450)

(8,445,321)

(547,954)

(8,267,626)

Class I

(700,825)

(11,019,829)

(673,357)

(10,063,481)

Premier Class

(47,202)

(758,335)

(28,344)

(429,648)

Class R6

(1,835,090)

(28,259,641)

(1,585,579)

(23,704,952)

Retirement Class

(1,137,230)

(17,639,364)

(1,320,909)

(19,717,171)

Class W

(25,128,133)

(382,836,470)

(27,285,402)

(410,975,831)

Total redemptions

(29,380,930)

(448,958,960)

(31,441,545)

(473,158,709)

Net increase (decrease) from shareholder transactions

(503,072)

$

24,645,048

(13,200,266)

$

(200,195,527)

Notes to Financial Statements

(continued)

7. Income Tax Information

Each Fund is a separate taxpayer for federal income tax purposes. Each Fund intends to distribute substantially all of its net

investment income and net capital gains to shareholders and otherwise comply with the requirements of Subchapter M of the Internal

Revenue Code applicable to regulated investment companies. Therefore, no federal income tax provision is required.

Each Fund files income tax returns in U.S. federal and applicable state and local jurisdictions. A Fund's federal income tax returns

are generally subject to examination for a period of three fiscal years after being filed. State and local tax returns may be subject to

examination for an additional period of time depending on the jurisdiction. Management has analyzed each Fund's tax positions taken

for all open tax years and has concluded that no provision for income tax is required in the Fund's financial statements.

Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in

recognizing gains and losses on investment transactions. Temporary differences do not require reclassification. As of year end,

permanent differences that resulted in reclassifications among the components of net assets relate primarily to deemed dividend

due to corporate actions, distribution reallocations, foreign currency transactions, foreign taxes paid, investments in passive foreign

investment companies, nondeductible expenses, reorganization adjustments, return of capital and long-term capital gain distributions

received from portfolio investments, tax equalization, and taxes paid. Temporary and permanent differences have no impact on a

Fund's net assets.

Year Ended

10/31/25

Year Ended

10/31/24

3.3 Quant International Small Cap Equity

Shares

Value

Shares

Value

Subscriptions:

Class A

50,743

$

652,697

18,614

$

203,054

Class I

14,583

176,330

3,095

34,056

Class R6

555,691

6,445,646

438,873

4,733,858

Retirement Class

1,366,032

18,357,448

155,881

1,677,869

Class W

6,831,840

77,750,231

7,739,451

84,686,090

Total subscriptions

8,818,889

103,382,352

8,355,914

91,334,927

Reinvestments of distributions:

Class A

2,240

24,531

2,450

23,963

Class I

2,036

Class R6

217,884

2,377,111

214,656

2,092,896

Retirement Class

18,863

205,793

21,911

213,633

Class W

4,115,558

44,941,894

4,217,705

41,164,803

Total reinvestments of distributions

4,354,732

47,551,365

4,456,755

43,495,620

Redemptions:

Class A

(13,824)

(158,108)

(31,020)

(333,938)

Class I

(11,434)

(144,134)

(1,096)

(11,367)

Class R6

(1,746,168)

(20,375,366)

(724,489)

(7,654,552)

Retirement Class

(197,437)

(2,307,771)

(275,552)

(2,972,542)

Class W

(27,600,341)

(319,659,406)

(17,838,238)

(193,205,367)

Total redemptions

(29,569,204)

(342,644,785)

(18,870,395)

(204,177,766)

Net increase (decrease) from shareholder transactions

(16,395,583)

$

(191,711,068)

(6,057,726)

$

(69,347,219)

Year Ended

10/31/25

Year Ended

10/31/24

3.4 International Responsible Equity

Shares

Value

Shares

Value

Subscriptions:

Class A

513,572

$

7,410,431

565,498

$

7,592,410

Class I

156,535

2,298,955

201,280

2,671,032

Premier Class

1,232

15,632

8,659

118,387

Class R6

10,097,253

142,252,206

11,642,529

153,930,409

Retirement Class

4,438,199

61,200,534

1,050,135

13,712,521

Total subscriptions

15,206,791

213,177,758

13,468,101

178,024,759

Reinvestments of distributions:

Class A

70,960

957,958

73,378

901,080

Class I

27,025

365,371

29,908

367,874

Premier Class

5,139

2,620

Class R6

1,512,059

20,458,156

1,621,242

19,957,489

Retirement Class

1,476,967

19,924,282

1,704,801

20,917,903

Total reinvestments of distributions

3,087,390

41,710,906

3,429,541

42,146,966

Redemptions:

Class A

(600,761)

(8,504,220)

(462,533)

(6,168,862)

Class I

(295,503)

(4,019,042)

(221,065)

(2,971,723)

Premier Class

(11,376)

(159,122)

(36,926)

(473,088)

Class R6

(13,702,040)

(198,051,517)

(12,598,298)

(167,974,569)

Retirement Class

(2,724,318)

(41,123,135)

(5,199,357)

(69,428,841)

Total redemptions

(17,333,998)

(251,857,036)

(18,518,179)

(247,017,083)

Net increase (decrease) from shareholder transactions

960,183

$

3,031,628

(1,620,537)

$

(26,845,358)

As of year end, the aggregate cost and the net unrealized appreciation/(depreciation) of all investments for federal income tax

purposes were as follows:

For purposes of this disclosure, tax cost generally includes the cost of portfolio investments as well as up-front fees or premiums

exchanged on derivatives and any amounts unrealized for income statement reporting but realized income and/or capital gains for tax

reporting, if applicable.

As of year end, the components of accumulated earnings on a tax basis were as follows:

The tax character of distributions paid was as follows:

Fund

Tax Cost

Gross Unrealized

Appreciation

Gross Unrealized

(Depreciation)

Net Unrealized

Appreciation

(Depreciation)

2.1 Core Equity

$4,239,992,530

$3,106,105,345

$(67,811,546)

$3,038,293,799

2.2 Large Cap Growth

2,441,767,073

4,350,629,948

(93,741,449)

4,256,888,499

2.3 Large Cap Value

3,664,794,112

2,622,245,054

(85,581,952)

2,536,663,102

2.4 Quant Mid Cap Growth

745,810,822

142,093,401

(46,374,462)

95,718,939

2.5 Mid Cap Value

1,334,029,783

416,859,576

(75,693,031)

341,166,545

2.6 Quant Small Cap Equity

2,891,714,369

954,511,606

(167,150,606)

787,361,000

2.7 Quant Small/Mid Cap Equity

1,567,351,733

478,230,207

(80,362,290)

397,867,917

2.8 Large Cap Responsible Equity

3,250,687,322

3,502,477,881

(148,166,753)

3,354,311,128

3.01 Emerging Markets Equity

1,280,251,917

532,159,225

(55,260,022)

476,899,203

3.1 International Equity

3,338,345,615

2,336,291,064

(146,854,521)

2,189,436,543

3.2 International Opportunities

2,026,828,585

852,560,037

(88,823,713)

763,736,324

3.3 Quant International Small Cap Equity

1,128,217,183

273,366,312

(69,565,985)

203,800,327

3.4 International Responsible Equity

1,439,650,140

577,631,047

(105,501,719)

472,129,328

Fund

Undistributed

Ordinary

Income

Undistributed

Long-Term

Capital Gains

Unrealized

Appreciation

(Depreciation)

Capital Loss

Carryforwards

Late-Year

Loss Deferrals

Other

Book-to-Tax

Differences

Total

2.1 Core Equity

$968,097

$728,415,180

$3,038,293,847

$–

$–

$(1,231,122)

$3,766,446,002

2.2 Large Cap Growth

11,057,064

801,612,805

4,256,910,402

–

–

(690,984)

5,068,889,287

2.3 Large Cap Value

88,686,470

404,480,017

2,536,661,847

–

–

(1,269,343)

3,028,558,991

2.4 Quant Mid Cap Growth

–

73,939,142

95,718,939

–

(445,287)

(501,707)

168,711,087

2.5 Mid Cap Value

19,785,007

92,923,288

341,166,544

–

–

(1,110,224)

452,764,615

2.6 Quant Small Cap Equity

24,913,720

260,601,473

787,361,000

–

–

(715,100)

1,072,161,093

2.7 Quant Small/Mid Cap Equity

13,022,215

144,550,566

397,867,917

–

–

(48,151)

555,392,547

2.8 Large Cap Responsible Equity

113,726,944

343,669,810

3,354,311,128

–

–

(769,085)

3,810,938,797

3.01 Emerging Markets Equity

65,144,131

–

463,694,276

(388,034,638)

–

(194,340)

140,609,429

3.1 International Equity

165,550,572

435,243,174

2,190,046,550

–

–

(1,528,234)

2,789,312,062

3.2 International Opportunities

66,843,263

120,788,038

763,999,781

(630,606,801)

–

(172,368)

320,851,913

3.3 Quant International Small Cap Equity

63,474,908

46,595,216

202,471,065

–

–

(54,405)

312,486,784

3.4 International Responsible Equity

83,284,328

17,122,737

472,408,661

–

–

(34,723)

572,781,003

10/31/25

10/31/24

Fund

Ordinary

Income

Long-Term

Capital Gains

Ordinary

Income

Long-Term

Capital Gains

2.1 Core Equity

$

100,473,539

$

516,820,738

$

209,987,493

$

826,687,972

2.2 Large Cap Growth

22,493,726

377,850,924

18,726,759

–

2.3 Large Cap Value

134,206,788

133,546,363

158,412,678

254,004,433

2.4 Quant Mid Cap Growth

–

–

1,033,393

–

2.5 Mid Cap Value

28,236,131

93,517,994

26,325,064

–

2.6 Quant Small Cap Equity

54,723,202

334,073,260

31,429,791

29,906,299

2.7 Quant Small/Mid Cap Equity

27,592,005

140,800,824

13,494,562

17,716,728

2.8 Large Cap Responsible Equity

231,254,198

669,828,792

90,320,766

240,508,769

3.01 Emerging Markets Equity

55,653,057

–

65,250,588

–

3.1 International Equity

179,849,941

–

194,052,944

–

3.2 International Opportunities

47,284,699

–

41,075,875

–

3.3 Quant International Small Cap Equity

47,557,139

–

43,500,796

–

3.4 International Responsible Equity

46,222,670

446,826

47,913,825

–

Notes to Financial Statements

(continued)

As of year end, the Funds had capital loss carryforwards, which will not expire:

As of year end, the Funds utilized the following capital loss carryforwards:

8. Management Fees and Other Transactions with Affiliates

Under the terms of the Investment Management Agreement with respect to each Fund, the Adviser provides asset management

services to the Fund for an annual fee, payable monthly. The Funds have entered into an Administrative Service Agreement with the

Adviser under which the Funds pay the Adviser for its costs in providing certain administrative and compliance services to the Funds.

The Adviser has agreed to gradually reduce expenses allocated to the Funds under the Administrative Services Agreement over a

three-year period commencing May 1, 2024. After the expiration of this three-year period, the Adviser will no longer allocate expenses

to the Funds under the Administrative Services Agreement.

Under the terms of a Retirement Class Service Agreement with respect to each Fund, the Retirement Class of the Fund incurs an

annual fee of 0.25% of the daily net assets, payable monthly to TIAA, on behalf of Retirement Class shares of the Fund held by or

through TIAA by its clients, or the Adviser, or behalf of all other Retirement Class shares, for certain administrative costs associated

with the maintenance of Retirement Class shares on retirement plan or other platforms. Substantially all of the Retirement Class

shareholder servicing fees reported on the Statement of Operations are paid to TIAA or the Adviser, respectively, under the Service

Agreement.

Nuveen Securities, which is a wholly owned indirect subsidiary of TIAA, distributes the Funds' shares. Under the terms of the

distribution agreement, Nuveen Securities is not compensated. Nuveen Securities does not currently enter into agreements, or

otherwise pay, other intermediaries to sell shares of the Funds. Under the terms of a distribution Rule 12b-1 plan, Class A shares of

each Fund compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to Class A shares of

the Fund at the annual rate of 0.25% of the average daily net assets attributable to the Fund's Class A shares. The Premier Class

of each Fund is subject to a distribution Rule 12b-1 plan that compensates Nuveen Securities for providing distribution, promotional

and/or shareholder services to the Premier Class of the Fund at the annual rate of 0.15% of the average daily net assets attributable

to the Fund's Premier Class.

The Adviser has contractually agreed to waive and/or reimburse Class W's shares' Management fees and Other expenses (excluding

interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses, trustee expenses and

extraordinary expenses) in their entirety. The Adviser expects this waiver and/or reimbursement to remain in effect indefinitely, unless

changed or terminated with approval of the Board. The Management fees and Other expenses of Class W shares that have been

waived by the Adviser may be incurred directly or indirectly, all or in part, by investors in Class W shares.

Fund

Short-Term

Long-Term

Total

2.1 Core Equity

$

–

$

–

$

–

2.2 Large Cap Growth

–

–

–

2.3 Large Cap Value

–

–

–

2.4 Quant Mid Cap Growth

–

–

–

2.5 Mid Cap Value

–

–

–

2.6 Quant Small Cap Equity

–

–

–

2.7 Quant Small/Mid Cap Equity

–

–

–

2.8 Large Cap Responsible Equity

–

–

–

3.01 Emerging Markets Equity

146,075,585

241,959,053

388,034,638

3.1 International Equity

–

–

–

3.2 International Opportunities\*

534,530,914

96,075,887

630,606,801

3.3 Quant International Small Cap Equity

–

–

–

3.4 International Responsible Equity

–

–

–

\*

A portion of International Opportunities' capital loss carryforwards is subject to limitation under the Internal Revenue Code and regulated regulations.

Fund

Utilized

2.1 Core Equity

$–

2.2 Large Cap Growth

–

2.3 Large Cap Value

–

2.4 Quant Mid Cap Growth

134,050,753

2.5 Mid Cap Value

–

2.6 Quant Small Cap Equity

–

2.7 Quant Small/Mid Cap Equity

–

2.8 Large Cap Responsible Equity

–

3.01 Emerging Markets Equity

–

3.1 International Equity

434,081,322

3.2 International Opportunities

97,857,624

3.3 Quant International Small Cap Equity

80,266,266

3.4 International Responsible Equity

–

The management fee schedule for each Fund, other than the Large Cap Responsible Equity, consists of two components: a Fund-

level fee, based only on the amount of assets within a Fund, and a complex-level fee, based on the aggregate amount of all eligible

assets managed by the Adviser and Nuveen Fund Advisors, LLC ("Nuveen Fund Advisors"). For the Large Cap Responsible Equity, the

management fee schedule consists of one component, a Fund-level fee, based on the amount of assets within the Fund, and there

are no changes to the investment management fees.

For each Fund subject to the complex-level fee, each Fund's overall complex-level fee begins at a maximum rate of 0.1600% of a

Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion. Therefore, the maximum

management fee rate for each such Fund is the Fund-level fee plus 0.1600%. The complex-level fee rate for each such Fund is

determined by taking the current overall complex-level fee rate and applying that rate to all eligible assets of the fund. With respect

to the assets of each such Fund that are not eligible assets, those assets are subject to the maximum complex-level fee rate

(0.1600%). As of May 1, 2025, 21% of the net assets of each such Fund are eligible assets, and that percentage will increase

annually until May 1, 2033, at which time eligible assets will include all of the net assets of a Fund. The current overall complex-level

fee schedule is as follows:

As of the end of the current fiscal period, the complex-level fee rate for each Fund was as follows:

The Adviser has agreed to reimburse each Fund if its total expense ratio (excluding interest, taxes, brokerage commissions or other

transactional expenses, acquired fund fees and expenses and extraordinary expenses) exceeds certain percentages. The fund-level

fee range and maximum expense amounts for each Fund is based on a percentage of average daily net assets according to the

following rates:

Complex Level Asset Breakpoint Level\*

Complex Level Fee

For the first $124.3 billion

0.1600%

For the next $75.7 billion

0.1350 For the next $200 billion

0.1325 For eligible assets over $400 billion

0.1300 \*

The complex-level fee is calculated based upon the aggregate daily "eligible assets" of all Nuveen-branded closed-end funds and Nuveen-branded open-end funds

("Nuveen Mutual Funds"). Except as described below, eligible assets include the assets of all Nuveen-branded closed-end funds and Nuveen Mutual Funds organized in

the United States. Eligible assets do not include the net assets of: Nuveen fund-of-funds, Nuveen money market funds, Nuveen index funds, Nuveen Large Cap Responsible

Equity Fund or Nuveen Life Large Cap Responsible Equity Fund. In addition, eligible assets include a fixed percentage of the aggregate net assets of the active equity and

fixed income Nuveen Mutual Funds advised by the Adviser (except those identified above). The fixed percentage will increase annually until May 1, 2033, at which time

eligible assets will include all of the aggregate net assets of Adviser-advised active equity and fixed income Nuveen Mutual Funds (except those identified above). Eligible

assets include closed-end fund assets managed by Nuveen Fund Advisors that are attributable to financial leverage. For these purposes, financial leverage includes the

closed-end funds' use of preferred stock and borrowings and certain investments in the residual interest certificates (also called inverse floating rate securities) in tender

option bond (TOB) trusts, including the portion of assets held by a TOB trust that has been effectively financed by the trust's issuance of floating rate securities, subject to

an agreement by Nuveen Fund Advisors as to certain funds to limit the amount of such assets for determining eligible assets in certain circumstances.

Fund

Complex-Level Fee

2.1 Core Equity

0.1591%

2.2 Large Cap Growth

0.1591%

2.3 Large Cap Value

0.1591%

2.4 Quant Mid Cap Growth

0.1591%

2.5 Mid Cap Value

0.1591%

2.6 Quant Small Cap Equity

0.1591%

2.7 Quant Small/Mid Cap Equity

0.1591%

2.8 Large Cap Responsible Equity

—%

3.01 Emerging Markets Equity

0.1591%

3.1 International Equity

0.1591%

3.2 International Opportunities

0.1591%

3.3 Quant International Small Cap Equity

0.1591%

3.4 International Responsible Equity

0.1591%

Notes to Financial Statements

(continued)

Effective May 1, 2025, for a one year period, the Adviser agreed to voluntarily waive a portion of the investment management fee

and/or the expense cap for certain funds. This waiver is voluntary in nature and can be discontinued at any time without prior notice

to shareholders upon Board approval. The investment management fee and maximum expense amounts (after voluntary waivers) are

equal to the following noted annual percentage of average daily net assets for each class:

Prior to May 1, 2025, the Adviser agreed to voluntarily waive a portion of the investment management fee and/or the expense cap for

certain funds. This waiver is voluntary in nature and can be discontinued at any time without prior notice to shareholders upon Board

approval. The investment management fee and maximum expense amounts (after voluntary waivers) were equal to the following

noted annual percentage of average daily net assets for each class, inclusive of voluntary and contractual waivers:

Fund-Level Fee

Range

Maximum Expense Amounts‡

Fund

Class A

Class I

Premier Class

Class R6

Retirement

Class

Class W

2.1 Core Equity\*

0.140%—0.290%

0.870 %

0.670 %

0.670 %

0.520 %

0.770 %

0.520 %

2.2 Large Cap Growth\*

0.140%—0.290%

0.870 0.670 0.670 0.520 0.770 0.520 2.3 Large Cap Value\*

0.140%—0.290%

0.870 0.670 0.670 0.520 0.770 0.520 2.4 Quant Mid Cap Growth\*

0.130%—0.320%

0.900 0.700 0.700 0.550 0.800 –

2.5 Mid Cap Value\*

0.130%—0.320%

0.900 0.700 0.700 0.550 0.800 –

2.6 Quant Small Cap Equity\*

0.110%—0.300%

0.880 0.680 0.680 0.530 0.780 0.530 2.7 Quant Small/Mid Cap Equity\*

0.110%—0.300%

0.880 0.680 0.680 0.530 0.780 0.530 2.8 Large Cap Responsible Equity

0.150%

0.570 0.370 0.370 0.220 0.470 –

3.01 Emerging Markets Equity\*

0.540%—0.690%

1.300 1.100 1.100 0.950 1.200 0.950 3.1 International Equity\*

0.190%—0.340%

0.950 0.750 0.750 0.600 0.850 0.600 3.2 International Opportunities\*

0.290%—0.440%

1.050 0.850 0.850 0.700 0.950 0.700 3.3 Quant International Small Cap Equity\*

0.340%—0.490%

1.100 0.900 0.900 0.750 1.000 0.750 3.4 International Responsible Equity\*

0.090%—0.140%

0.750 0.550 0.550 0.400 0.650 –

\*

This Fund is subject to a breakpoint schedule on its investment management fee, which reduces this fee as the Fund's net assets increase.

‡

Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and

extraordinary expenses. The expense reimbursement arrangements will continue through at least February 28, 2026. The reimbursement arrangements can only be changed

with the approval of the Board.

Fund-Level Fee

Range

Maximum Expense Amounts‡

Fund

Class A

Class I

Premier Class

Class R6

Retirement

Class

Class W

3.4 International Responsible Equity\*

0.090%—0.140%

0.620 %

0.420 %

0.420 %

0.270 %

0.520 %

–

%

\*

This Fund is subject to a breakpoint schedule on its investment management fee, which reduces this fee as the Fund's net assets increase.

‡

Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and

extraordinary expenses. The reimbursement arrangements can only be changed with the approval of the Board.

Fund-Level Fee

Range

Maximum Expense Amounts‡

Fund

Class A

Class I

Premier Class

Class R6

Retirement

Class

Class W

3.4 International Responsible Equity\*

0.090%—0.140%

0.650%

0.450%

0.450%

0.300%

0.550%

–%

\*

This Fund is subject to a breakpoint schedule on its investment management fee, which reduces this fee as the Fund's net assets increase.

‡

Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and

extraordinary expenses. The reimbursement arrangements can only be changed with the approval of the Board.

Other Transactions with Affiliates:

The Funds receive voluntary compensation from the Adviser in amounts that approximate the cost

of research services obtained from broker-dealers and research providers if the Adviser had purchased the research services directly.

This income received by the Funds, which is disclosed below, is recognized in "Affiliated Income" on the Statement of Operations and

any amounts due to the Funds at the end of the reporting period are recognized in "Reimbursement from Adviser" on the Statement

of Assets and Liabilities. During the current fiscal period, the values of voluntary compensation were as follows:

The Funds are permitted to purchase or sell securities from or to certain other funds or accounts managed by the Adviser or by an

affiliate of the Adviser (each an, "Affiliated Entity") under specified conditions outlined in procedures adopted by the Board ("cross-

trade"). These procedures have been designed to ensure that any cross-trade of securities by the Fund from or to an Affiliated Entity

by virtue of having a common investment adviser (or affiliated investment adviser), common officer and/or common trustee complies

with Rule 17a-7 under the 1940 Act. These transactions are affected at the current market price (as provided by an independent

pricing service) without incurring broker commissions. During the current fiscal period, the Funds engaged in the following security

transactions with affiliated entities:

During the current fiscal period, the Distributor, collected sales charges on purchases of Class A Shares, the majority of which were

paid out as concessions to financial intermediaries as follows:

Nuveen Securities also received 12b-1 service fees on Class A Shares, substantially all of which were paid to compensate financial

intermediaries for providing services to shareholders relating to their investments.

During the current fiscal period, Nuveen Securities compensated financial intermediaries directly with commission advances at the

time of purchase as follows:

Fund

Value

2.1 Core Equity

$1,710,919

2.2 Large Cap Growth

772,847

2.3 Large Cap Value

559,410

2.4 Quant Mid Cap Growth

52,227

2.5 Mid Cap Value

167,824

3.01 Emerging Markets Equity

662,740

3.1 International Equity

499,638

3.2 International Opportunities

190,296

Fund

Purchases

Sales

Realized Gain (Loss)

Core Equity

$

228,313,071

$

51,196,738

$

3,517,734

Large Cap Growth

49,677,629

93,581,368

29,359,597

Large Cap Value

–

5,035,112

971,609

Quant Mid Cap Growth

10,747,523

101,987,039

33,998,682

Mid Cap Value

2,415,625

7,510,511

(2,378,856)

Quant Small Cap Equity

9,495,728

10,637,428

4,344,929

Quant Small/Mid Cap Equity

4,961,944

144,653

(14,982)

Large Cap Responsible Equity

39,843,697

68,956,285

20,349,505

Emerging Markets Equity

–

–

–

International Equity

10,716,338

214,243,212

68,233,218

International Opportunities

5,057,469

1,560,433

49,330

Quant International Small Cap Equity

756,687

83,572,544

2,918,322

International Responsible Equity

29,222,123

14,647,037

543,470

Fund

Sales Charges Collected

(Unaudited)

Paid to Financial

Intermediaries

(Unaudited)

Core Equity

$

23,450

$

20,591

Large Cap Growth

39,364

34,551

Large Cap Value

7,146

6,294

Quant Mid Cap Growth

737

650

Mid Cap Value

1,885

1,645

Quant Small Cap Equity

10,013

8,667

Quant Small/Mid Cap Equity

5,020

4,373

Large Cap Responsible Equity

18,075

15,763

Emerging Markets Equity

International Equity

6,646

5,777

International Opportunities

1,738

1,517

Quant International Small Cap Equity

—

—

International Responsible Equity

Notes to Financial Statements

(continued)

The remaining 12b-1 fees charged to each Fund were paid to compensate financial intermediaries for providing services to

shareholders relating to their investments.

The Distributor also collected and retained CDSC on share redemptions during the current fiscal period, as follows:

A registered separate account of TIAA (collectively "TIAA Access") has various sub-accounts that invest in the Funds, and certain

funds within the Trust also make investments in the Funds. The following is the percentage of the Funds' shares owned by affiliates

as of the end of the current fiscal period:

Investments in other investment companies advised by the Adviser and Nuveen Fund Advisors, LLC are deemed to be affiliated

investments. Information regarding transactions with affiliated companies is as follows:

Fund

Commission

Advances (Unaudited)

2.1 Core Equity

$

1,120

2.2 Large Cap Growth

997

2.3 Large Cap Value

—

2.4 Quant Mid Cap Growth

—

2.5 Mid Cap Value

—

2.6 Quant Small Cap Equity

—

2.7 Quant Small/Mid Cap Equity

—

2.8 Large Cap Responsible Equity

—

3.01 Emerging Markets Equity

—

3.1 International Equity

—

3.2 International Opportunities

—

3.3 Quant International Small Cap Equity

—

3.4 International Responsible Equity

—

Fund

CDSC

Retained (Unaudited)

Core Equity

$

552

Large Cap Growth

Large Cap Value

—

Quant Mid Cap Growth

—

Mid Cap Value

Quant Small Cap Equity

—

Quant Small/Mid Cap Equity

Large Cap Responsible Equity

—

Emerging Markets Equity

—

International Equity

—

International Opportunities

—

Quant International Small Cap Equity

—

International Responsible Equity

—

Underlying Fund

Nuveen Lifecycle

Funds

Nuveen Lifestyle

Funds

Nuveen Managed

Allocation Fund

TIAA Access

Total

2.1 Core Equity

%

%

%

%

%

2.2 Large Cap Growth

2.3 Large Cap Value

2.4 Quant Mid Cap Growth

–

–

–

2.5 Mid Cap Value

–

–

–

2.6 Quant Small Cap Equity

–

–

2.7 Quant Small/Mid Cap Equity

–

2.8 Large Cap Responsible Equity

–

–

–

3.01 Emerging Markets Equity

3.1 International Equity

3.2 International Opportunities

–

3.3 Quant International Small Cap Equity

–

3.4 International Responsible Equity

–

–

–

9. Emerging Markets Risks

The Emerging Markets Equity Fund holds a large portion of its assets in emerging market securities. Emerging market securities

are often subject to greater price volatility, less liquidity and higher rates of inflation and deflation than U.S. securities. In addition,

emerging markets may be subject to greater political, economic and social uncertainty, and differing regulatory environments that may

potentially impact the Fund's ability to buy or sell certain securities or repatriate proceeds to U.S. dollars.

10. Line of Credit

During June 2025, the Funds along with certain funds managed by the Adviser or by an affiliate of the Adviser ("Participating Funds"),

have established a 364-day, $2.7 billion standby credit facility with a group of lenders, under which the Participating Funds may

borrow for temporary purposes (other than on-going leveraging for investment purposes). Each Participating Fund is allocated a

designated proportion of the facility's capacity (and its associated costs, as described below) based upon a multi-factor assessment

of the likelihood and frequency of its need to draw on the facility, the size of the Fund and its anticipated draws, and the potential

importance of such draws to the operations and well-being of the Fund, relative to those of the other Funds. A Fund may effect draws

on the facility in excess of its designated capacity if and to the extent that other Participating Funds have undrawn capacity. The

credit facility expires in June 2026, unless extended or renewed.

The credit facility has the following terms: 0.15% per annum on unused commitment amounts and a drawn interest rate equal to

the higher of (a) OBFR (Overnight Bank Funding Rate) plus 1.20% per annum or (b) the Fed Funds Effective Rate plus 1.20% per

annum on amounts borrowed. Interest expense incurred by the Participating Funds, when applicable, is recognized as a component

of "Interest expense" on the Statement of Operations. Participating Funds paid administration, legal and arrangement fees, which

are recognized as a component of "Interest expense" on the Statement of Operations, and along with commitment fees, have been

allocated among such Participating Funds based upon the relative proportions of the facility's aggregate capacity reserved for them

and other factors deemed relevant by the Adviser and the Board of each Participating Fund.

During the current fiscal period, the following Funds utilized this facility. The Fund's maximum outstanding balance during the

utilization period was as follows:

During each Fund's utilization period(s) during the current fiscal period, the average daily balance outstanding and average annual

interest rate on the Borrowings were as follows:

Issue

Value at

10/31/24

Purchases

Cost

Sales

Proceeds

Realized

Gain (Loss)

Change in

Unrealized

Appreciation

(Depreciation)

Shares at

10/31/25

Value at

10/31/25

Dividend

Income

Large Cap Responsible Equity

Investment companies

Nuveen ESG Large-Cap ETF

$

9,177,720

$

–

$

–

$

–

$

1,410,280

200,000

$

10,588,000

$

169,260

Total

$9,177,720

–

–

–

1,410,280

200,000

$10,588,000

169,260

Fund

#### Maximum

#### Outstanding

#### Balance
Core Equity

$

—

Large Cap Growth

14,725,407

Large Cap Value

—

Quant Mid Cap Growth

2,653,498

Mid Cap Value

—

Quant Small Cap Equity

—

Quant Small/Mid Cap Equity

—

Large Cap Responsible Equity

48,900,000

Emerging Markets Equity

47,300,000

International Equity

—

International Opportunities

—

Quant International Small Cap Equity

440,006

International Responsible Equity

—

Notes to Financial Statements

(continued)

Borrowings outstanding as of the end of the reporting period, if any, are recognized as "Borrowings" on the Statement of Assets and

Liabilities.

11. Fund Reorganization

The Reorganization as previously described in Note 1 – General Information was structured to qualify as a tax-free reorganization

under the Internal Revenue Code for federal income tax purposes, and the Target Fund's shareholders recognized no gain or loss

for federal income tax purposes as a result. Prior to the closing of the Reorganization, the Target Fund distributed all of its net

investment income and capital gains, if any. Such a distribution may be taxable to the Target Fund's shareholders for federal income

tax purposes.

Investments of the Target Fund:

The cost, fair value and net unrealized appreciation (depreciation) of the investments of the Target

Fund as of the date of the Reorganization, were as follows:

Share Transactions:

The shares outstanding, net assets and NAV per share immediately prior to and after the Reorganization were as

follows:

Fund

Utilization

Period (Days

Outstanding)

Average

Daily Balance

Outstanding

Average Annual

Interest Rate

Core Equity

—

$

—

—

%

Large Cap Growth

14,725,407

5.53 Large Cap Value

—

—

—

Quant Mid Cap Growth

2,653,498

5.53 Mid Cap Value

—

—

—

Quant Small Cap Equity

—

—

—

Quant Small/Mid Cap Equity

—

—

—

Large Cap Responsible Equity

48,900,000

5.53 Emerging Markets Equity

29,633,333

5.53 International Equity

—

—

—

International Opportunities

—

—

—

Quant International Small Cap Equity

440,006

5.53 International Responsible Equity

—

—

—

Social Choice Low

Carbon Equity

Cost of investments

$767,031,994

Fair value of investments

1,116,708,056

Net unrealized appreciation (depreciation) of investments

349,676,062

Pro Forma Results of Operations:

The beginning of the current fiscal period for the Target Fund was November 1, 2024. Assuming the

Reorganization had been completed on November 1, 2024, the beginning of the Acquiring Fund's current fiscal period, the pro forma

results of operations for the current fiscal period are as follows:

Target Fund - Prior to Reorganization

Shares

Outstanding

Net Assets

NAV

per Share

Social Choice Low Carbon Equity

Class A

3,700,799

$79,369,974

$21.45

Class I

122,201

2,631,688

21.54 Premier Class

250,926

5,420,637

21.60 Class R6

21,982,288

473,729,483

21.55 Retirement Class

26,501,327

567,937,130

21.43 Acquiring Fund - Prior to Reorganization

Shares

Outstanding

Net Assets

NAV

per Share

Large Cap Responsible Equity

Class A

30,995,915

$703,414,018

$22.69

Class I

1,136,243

30,927,368

27.22 Premier Class

1,356,953

36,836,652

27.15 Class R6

171,270,737

4,666,427,343

27.25 Retirement Class

28,855,901

805,561,822

27.92 Acquiring Fund - After Reorganization

Shares

Outstanding

Net Assets

NAV

per Share

Large Cap Responsible Equity

Class A

34,493,343

$782,783,992

$22.69

Class I

1,232,929

33,559,056

27.22 Premier Class

1,556,633

42,257,289

27.15 Class R6

188,657,914

5,140,156,826

27.25 Retirement Class

49,199,878

1,373,498,952

27.92 Acquiring Fund - Pro Forma Results from Operations

Large Cap Responsible

Equity

Net investment income (loss)

$71,562,644

Net realized and unrealized gains (losses)

1,406,828,583

Change in net assets resulting from operations

1,478,391,227

Important Tax Information

(Unaudited)

As required by the Internal Revenue Code and Treasury Regulations, certain tax information, as detailed below, must be provided

to shareholders. Shareholders are advised to consult their tax advisor with respect to the tax implications of their investment. The

amounts listed below may differ from the actual amounts reported on Form 1099-DIV, which will be sent to shareholders shortly after

calendar year end.

Long-Term Capital Gains

As of year end, each Fund designates the following distribution amounts, or maximum amount allowable, as being from net long-term

capital gains pursuant to Section 852(b)(3) of the Internal Revenue Code:

Dividends Received Deduction (DRD)

Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary income distributions eligible for the

dividends received deduction for corporate shareholders:

Qualified Dividend Income (QDI)

Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary income distributions treated as

qualified dividend income for individuals pursuant to Section 1(h)(11) of the Internal Revenue Code:

Fund

Net Long-Term

Capital Gains

2.1 Core Equity

$

585,582,260

2.2 Large Cap Growth

436,809,759

2.3 Large Cap Value

175,042,781

2.4 Quant Mid Cap Growth

5,156,826

2.5 Mid Cap Value

103,468,275

2.6 Quant Small Cap Equity

356,212,763

2.7 Quant Small/Mid Cap Equity

145,514,461

2.8 Large Cap Responsible Equity

715,678,072

3.01 Emerging Markets Equity

–

3.1 International Equity

67,099,077

3.2 International Opportunities

–

3.3 Quant International Small Cap Equity

1,232,549

3.4 International Responsible Equity

3,546,103

Fund

Percentage

2.1 Core Equity

71.8 %

2.2 Large Cap Growth

100.0 2.3 Large Cap Value

77.7 2.4 Quant Mid Cap Growth

—

2.5 Mid Cap Value

99.8 2.6 Quant Small Cap Equity

45.0 2.7 Quant Small/Mid Cap Equity

45.4 2.8 Large Cap Responsible Equity

35.6 3.01 Emerging Markets Equity

0.7 3.1 International Equity

—

3.2 International Opportunities

0.3 3.3 Quant International Small Cap Equity

—

3.4 International Responsible Equity

—

Fund

Percentage

2.1 Core Equity

73.2 %

2.2 Large Cap Growth

100.0 2.3 Large Cap Value

84.9 2.4 Quant Mid Cap Growth

—

2.5 Mid Cap Value

100.0 2.6 Quant Small Cap Equity

46.0 2.7 Quant Small/Mid Cap Equity

47.5 2.8 Large Cap Responsible Equity

37.1 3.01 Emerging Markets Equity

26.5 3.1 International Equity

95.1 3.2 International Opportunities

63.7 3.3 Quant International Small Cap Equity

46.5 3.4 International Responsible Equity

90.1 129

Qualified interest income (QII)

Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary income distributions treated as

qualified interest income and/or short-term capital gain dividends pursuant to Section 871(k) of the Internal Revenue Code:

Foreign Source Income and Foreign Tax Credit Pass Through

Each Fund listed below has made an election under Section 853 of the Internal Revenue Code to pass through foreign taxes paid:

163(j)

Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary dividends treated as Section 163(j)

interest dividends pursuant to Section 163(j) of the Internal Revenue Code:

Fund

Prior Year End to 12/31

Percentage

1/1 to Current Year End

Percentage

2.1 Core Equity

1.5 %

2.0 %

2.2 Large Cap Growth

0.1 —

2.3 Large Cap Value

0.1 —

2.4 Quant Mid Cap Growth

—

—

2.5 Mid Cap Value

0.4 —

2.6 Quant Small Cap Equity

0.5 —

2.7 Quant Small/Mid Cap Equity

0.2 —

2.8 Large Cap Responsible Equity

0.2 —

3.01 Emerging Markets Equity

0.6 —

3.1 International Equity

0.1 —

3.2 International Opportunities

0.7 —

3.3 Quant International Small Cap Equity

—

—

3.4 International Responsible Equity

0.1 —

Fund

Foreign

Source Income

Foreign

Source Income

Per Share

Qualifying

Foreign

Taxes Paid

Qualifying

Foreign Taxes

Paid per Share

2.1 Core Equity

$

—

$

—

$

—

$

—

2.2 Large Cap Growth

—

—

—

—

2.3 Large Cap Value

—

—

—

—

2.4 Quant Mid Cap Growth

—

—

—

—

2.5 Mid Cap Value

—

—

—

—

2.6 Quant Small Cap Equity

—

—

—

—

2.7 Quant Small/Mid Cap Equity

—

—

—

—

2.8 Large Cap Responsible Equity

—

—

—

—

3.01 Emerging Markets Equity

38,341,151

0.23014 7,140,406

0.04286 3.1 International Equity

175,468,599

0.53236 9,787,993

0.02970 3.2 International Opportunities

46,386,163

0.29721 4,142,540

0.02654 3.3 Quant International Small Cap Equity

45,015,968

0.47591 5,640,841

0.05964 3.4 International Responsible Equity

50,204,952

0.42188 3,341,252

0.02808 Fund

Percentage

2.1 Core Equity

1.2 %

2.2 Large Cap Growth

2.5 2.3 Large Cap Value

1.7 2.4 Quant Mid Cap Growth

–

2.5 Mid Cap Value

1.7 2.6 Quant Small Cap Equity

4.0 2.7 Quant Small/Mid Cap Equity

0.6 2.8 Large Cap Responsible Equity

0.7 3.01 Emerging Markets Equity

4.2 3.1 International Equity

0.6 3.2 International Opportunities

3.6 3.3 Quant International Small Cap Equity

0.1 3.4 International Responsible Equity

1.2 ------

Report of Independent Registered Public Accounting Firm

To the Board of Trustees of TIAA-CREF Funds and Shareholders of Nuveen Equity Index Fund, Nuveen Large Cap Growth Index

Fund, Nuveen Large Cap Value Index Fund, Nuveen S&P 500 Index Fund, Nuveen Small Cap Blend Index Fund, Nuveen Emerging

Markets Equity Index Fund and Nuveen International Equity Index Fund

Opinions on the Financial Statements

We have audited the accompanying statements of assets and liabilities, including the portfolios of investments, of Nuveen Equity

Index Fund, Nuveen Large Cap Growth Index Fund, Nuveen Large Cap Value Index Fund, Nuveen S&P 500 Index Fund, Nuveen Small

Cap Blend Index Fund, Nuveen Emerging Markets Equity Index Fund and Nuveen International Equity Index Fund (seven of the funds

constituting TIAA-CREF Funds, hereafter collectively referred to as the "Funds") as of October 31, 2025, the related statements of

operations for the year ended October 31, 2025, the statements of changes in net assets for each of the two years in the period

ended October 31, 2025, including the related notes, and the financial highlights for each of the five years in the period ended

October 31, 2025 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all

material respects, the financial position of each of the Funds as of October 31, 2025, the results of each of their operations for the

year then ended, the changes in each of their net assets for each of the two years in the period ended October 31, 2025 and each

of the financial highlights for each of the five years in the period ended October 31, 2025 in conformity with accounting principles

generally accepted in the United States of America.

Basis for Opinions

These financial statements are the responsibility of the Funds' management. Our responsibility is to express an opinion on the

Funds' financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting

Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S.

federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require

that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material

misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to

error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence

regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles

used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements.

Our procedures included confirmation of securities owned as of October 31, 2025 by correspondence with the custodian and

brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a

reasonable basis for our opinions.

/s/PricewaterhouseCoopers LLP

Chicago, Illinois

December 26, 2025

We have served as the auditor of one or more investment companies in Nuveen Funds since 2002.

Equity Index

Portfolios of Investments October 31, 2025

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 98.8%

COMMON STOCKS - 98.8%

AUTOMOBILES & COMPONENTS - 2.3%

102,643

(a) Adient plc

$

2,380,291

82,911

(a) American Axle & Manufacturing Holdings, Inc

514,048

183,633

(a) Aptiv plc

14,892,636

204,944

(a) BorgWarner, Inc

8,804,394

27,933

(a) Cooper-Standard Holdings, Inc

844,135

107,715

(a) Dana Inc

2,186,615

20,044

(a) Dorman Products, Inc

2,688,502

3,369,801

Ford Motor Co

44,245,487

40,428

(a) Fox Factory Holding Corp

893,863

67,454

(a) Garrett Motion, Inc

1,142,671

802,249

General Motors Co

55,427,383

177,823

Gentex Corp

4,169,949

25,155

(a) Gentherm, Inc

925,704

215,941

(a) Goodyear Tire & Rubber Co

1,487,834

91,009

Harley-Davidson, Inc

2,455,423

110,804

(a) Holley, Inc

318,008

18,139

LCI Industries

1,877,205

51,928

Lear Corp

5,434,265

101,256

(a),(b)

Lucid Group, Inc

1,797,294

43,958

(a) Modine Manufacturing Co

6,734,805

25,482

Patrick Industries, Inc

2,659,556

40,988

(a) Phinia, Inc

2,127,687

323,164

(a) QuantumScape Corp

5,959,144

699,670

(a) Rivian Automotive, Inc

9,494,522

217,401

(a) Solid Power, Inc

1,365,278

15,934

Standard Motor Products, Inc

591,630

2,374,978

(a) Tesla, Inc

1,084,319,956

41,295

Thor Industries, Inc

4,309,133

28,194

(a) Visteon Corp

3,021,269

23,560

Winnebago Industries, Inc

888,448

21,842

(a) XPEL, Inc

744,812

TOTAL AUTOMOBILES & COMPONENTS

1,274,701,947

BANKS - 3.8%

18,633

(a) 1st Source Corp

1,107,546

14,723

Amalgamated Financial Corp

401,349

25,834

(a) Amerant Bancorp, Inc

433,236

48,454

Ameris Bancorp

3,470,275

27,215

(a) Arrow Financial Corp

759,026

156,553

(a) Associated Banc-Corp

3,877,818

122,573

(a) Atlantic Union Bankshares Corp

3,986,074

44,566

(a) Axos Financial, Inc

3,475,257

101,858

Banc of California, Inc

1,728,530

16,476

(a) Bancfirst Corp

1,793,577

37,392

(a) Bancorp, Inc

2,444,315

7,985

(a) Bank First Corp

975,128

5,721,112

Bank of America Corp

305,793,436

34,424

(a) Bank of Hawaii Corp

2,235,150

6,575

(a) Bank of Marin Bancorp

169,306

39,774

Bank of NT Butterfield & Son Ltd

1,839,945

90,703

Bank OZK

4,080,728

79,459

(a) BankUnited, Inc

3,184,717

41,073

Banner Corp

2,480,398

12,845

Bar Harbor Bankshares

376,744

16,293

(a) BCB Bancorp, Inc

129,366

71,895

Berkshire Hills Bancorp, Inc

1,749,924

23,658

(a) BOK Financial Corp

2,474,154

15,598

(a) Bridgewater Bancshares, Inc

256,743

2,955

(a) Burke & Herbert Financial Services Corp

173,931

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

BANKS

(continued)

19,568

(a) Business First Bancshares, Inc

$

479,807

25,800

(a) Byline Bancorp, Inc

689,892

143,139

Cadence Bank

5,402,066

11,105

(a) Camden National Corp

423,656

(a) Capital Bancorp, Inc

5,309

4,521

(a) Capital City Bank Group, Inc

175,867

105,986

(a) Capitol Federal Financial, Inc

640,155

15,958

(a) Carter Bankshares, Inc

272,563

62,677

Cathay General Bancorp

2,848,670

16,021

Central Pacific Financial Corp

456,759

1,549,017

Citigroup, Inc

156,806,991

5,190

(a) Citizens & Northern Corp

100,478

354,716

Citizens Financial Group, Inc

18,044,403

13,280

(a) City Holding Co

1,565,446

5,750

(a) Civista Bancshares, Inc

123,797

7,874

(a) CNB Financial Corp

193,700

14,705

(a) Coastal Financial Corp

1,566,082

236,278

(a) Columbia Banking System, Inc

6,332,250

27,831

(a) Columbia Financial, Inc

410,507

99,964

Comerica, Inc

7,647,246

123,540

Commerce Bancshares, Inc

6,501,910

60,022

(a) Community Bank System, Inc

3,330,021

14,068

(a) Community Trust Bancorp, Inc

720,211

39,457

ConnectOne Bancorp, Inc

949,335

46,800

Cullen/Frost Bankers, Inc

5,762,952

32,680

(a) Customers Bancorp, Inc

2,193,482

139,451

(a) CVB Financial Corp

2,561,715

28,972

(a) Dime Community Bancshares, Inc

760,515

26,137

(a) Eagle Bancorp, Inc

437,795

113,730

East West Bancorp, Inc

11,554,968

158,264

(a) Eastern Bankshares, Inc

2,774,368

28,968

Enterprise Financial Services Corp

1,517,054

11,154

(a) Equity Bancshares, Inc

451,849

8,510

(a) Esquire Financial Holdings, Inc

798,238

9,389

(a) Farmers & Merchants Bancorp, Inc

224,397

11,812

(a) Farmers National Banc Corp

153,320

34,406

(a) FB Financial Corp

1,858,268

553,670

Fifth Third Bancorp

23,043,745

8,770

(a) Financial Institutions, Inc

249,331

24,700

(a) First Bancorp

1,198,938

158,461

First BanCorp

3,088,405

7,604

(a) First Bancorp, Inc

188,503

588

(a) First Bank

9,185

60,032

(a) First Busey Corp

1,342,316

8,793

(a) First Business Financial Services, Inc

445,014

8,202

First Citizens Bancshares, Inc (Class A)

14,967,174

135,088

(a) First Commonwealth Financial Corp

2,065,496

14,032

(a) First Community Bancshares, Inc

453,795

73,937

First Financial Bancorp

1,730,865

112,033

(a) First Financial Bankshares, Inc

3,460,699

4,322

(a) First Financial Corp

230,449

113,382

(a) First Foundation, Inc

616,798

135,411

(a) First Hawaiian, Inc

3,321,632

428,475

First Horizon National Corp

9,152,226

90,601

First Interstate BancSystem, Inc

2,831,281

47,027

First Merchants Corp

1,668,518

12,091

First Mid Bancshares, Inc

432,011

9,917

(a) First Western Financial, Inc

228,984

15,276

(a) Five Star Bancorp

542,451

42,707

(a) Flushing Financial Corp

583,805

325,156

(a) FNB Corp

5,111,452

194,217

(a) Fulton Financial Corp

3,373,549

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

BANKS

(continued)

19,386

(a) FVCBankcorp, Inc

$

236,897

19,355

(a) German American Bancorp, Inc

745,942

106,569

Glacier Bancorp, Inc

4,353,344

7,132

(a) Great Southern Bancorp, Inc

397,252

11,967

(a) Greene County Bancorp, Inc

262,676

70,171

Hancock Whitney Corp

4,007,466

29,083

Hanmi Financial Corp

767,791

39,598

(a) HarborOne Bancorp, Inc

479,136

7,219

(a) HBT Financial, Inc

176,071

55,657

(a) Heritage Commerce Corp

578,833

28,290

(a) Heritage Financial Corp

627,755

46,898

(a) Hilltop Holdings, Inc

1,514,805

1,692

(a) Hingham Institution For Savings The

497,888

2,890

(a) Home Bancorp, Inc

153,603

183,082

Home Bancshares, Inc

4,890,120

32,654

(a) HomeStreet, Inc

437,237

8,226

(a) HomeTrust Bancshares, Inc

323,364

99,262

(a) Hope Bancorp, Inc

1,041,258

37,769

(a) Horizon Bancorp, Inc

589,196

1,259,755

Huntington Bancshares, Inc

19,450,617

44,198

(a) Independent Bank Corp

2,974,083

16,001

Independent Bank Corp

483,550

63,589

(a) International Bancshares Corp

4,221,038

10,716

(a) John Marshall Bancorp, Inc

204,676

2,345,716

JPMorgan Chase & Co

729,799,162

62,205

(a) Kearny Financial Corp

397,490

839,749

Keycorp

14,771,185

19,759

(a) Lakeland Financial Corp

1,127,251

23,057

(a) Live Oak Bancshares, Inc

717,995

130,261

M&T Bank Corp

23,951,090

8,910

Mercantile Bank Corp

390,704

28,455

(a) Metrocity Bankshares, Inc

728,733

15,723

(a) Metropolitan Bank Holding Corp

1,041,963

11,042

(a) Mid Penn Bancorp, Inc

314,145

22,606

(a) Midland States Bancorp, Inc

330,952

5,927

(a) MidWestOne Financial Group, Inc

219,240

25,698

(a) MVB Financial Corp

657,355

28,540

(a) National Bank Holdings Corp

1,017,736

34,793

NBT Bancorp, Inc

1,408,073

252,568

(a) New York Community Bancorp, Inc

2,884,327

8,973

(a) Nicolet Bankshares, Inc

1,060,070

9,353

(a) Northeast Bank

806,977

27,798

(a) Northeast Community Bancorp, Inc

545,953

44,937

(a) Northfield Bancorp, Inc

459,256

101,413

(a) Northwest Bancshares, Inc

1,187,546

2,835,025

(a) NU Holdings Ltd

45,672,253

52,078

OceanFirst Financial Corp

946,778

34,715

(a) OFG Bancorp

1,342,082

300,060

Old National Bancorp

6,130,226

15,271

Old Second Bancorp, Inc

274,114

20,312

(a) Origin Bancorp, Inc

704,014

3,618

(a) Orrstown Financial Services, Inc

120,407

11,574

(a) Park National Corp

1,761,447

12,857

(a) Parke Bancorp, Inc

277,840

22,883

Pathward Financial, Inc

1,557,417

10,253

(a) Peapack Gladstone Financial Corp

259,401

23,125

Peoples Bancorp, Inc

661,375

8,138

(a) Peoples Financial Services Corp

362,467

64,999

Pinnacle Financial Partners, Inc

5,538,565

(a) Pioneer Bancorp, Inc

5,059

338,845

PNC Financial Services Group, Inc

61,856,155

61,345

Popular, Inc

6,838,127

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

BANKS

(continued)

12,183

Preferred Bank

$

1,099,516

5,687

(a) Primis Financial Corp

61,903

78,419

Prosperity Bancshares, Inc

5,161,539

145,550

(a) Provident Financial Services, Inc

2,662,110

14,068

(a) QCR Holdings, Inc

1,046,519

22,257

(a) RBB Bancorp

414,648

4,522

(a) Red River Bancshares, Inc

298,723

776,524

Regions Financial Corp

18,791,881

57,881

Renasant Corp

1,946,538

4,137

(a) Republic Bancorp, Inc (Class A)

272,628

33,109

S&T Bancorp, Inc

1,213,114

69,004

Seacoast Banking Corp of Florida

2,090,821

46,044

(a) ServisFirst Bancshares, Inc

3,235,512

14,920

(a) Shore Bancshares, Inc

232,901

5,250

(a) Sierra Bancorp

151,095

98,370

(a) Simmons First National Corp (Class A)

1,709,671

16,069

(a) SmartFinancial, Inc

561,933

(a) South Plains Financial, Inc

12,921

2,746

(a) Southern First Bancshares, Inc

120,385

5,675

(a) Southern Missouri Bancorp, Inc

297,597

24,349

(a) Southside Bancshares, Inc

684,694

86,272

(a) SOUTHSTATE BANK CORP

7,648,013

38,203

(a) Stellar Bancorp, Inc

1,124,314

21,096

(a) Stock Yards Bancorp, Inc

1,371,662

110,649

Synovus Financial Corp

4,939,371

38,762

(a) Texas Capital Bancshares, Inc

3,249,806

119,035

(a) TFS Financial Corp

1,583,166

11,131

(a) Tompkins Trustco, Inc

706,373

56,169

Towne Bank

1,826,054

24,322

(a) Trico Bancshares

1,075,762

17,672

(a) Triumph Financial, Inc

962,417

1,082,686

Truist Financial Corp

48,320,276

19,519

(a) TrustCo Bank Corp NY

736,061

45,567

(a) Trustmark Corp

1,696,004

57,830

UMB Financial Corp

6,180,870

135,795

(a) United Bankshares, Inc

4,860,103

103,599

(a) United Community Banks, Inc

3,025,091

22,107

(a) Univest Financial Corp

649,062

1,320,500

US Bancorp

61,640,940

408,245

Valley National Bancorp

4,437,623

88,539

(a) Washington Federal, Inc

2,570,287

15,885

(a) Washington Trust Bancorp, Inc

432,707

153,531

Webster Financial Corp

8,757,408

2,735,390

Wells Fargo & Co

237,896,868

84,645

(a) WesBanco, Inc

2,547,815

8,366

(a) West Bancorporation, Inc

177,945

20,400

(a) Westamerica Bancorporation

972,060

91,934

Western Alliance Bancorp

7,111,095

57,335

Wintrust Financial Corp

7,454,697

47,065

(a) WSFS Financial Corp

2,451,616

130,592

Zions Bancorporation

6,805,149

TOTAL BANKS

2,119,286,129

CAPITAL GOODS - 6.9%

90,270

(a),(b)

3D Systems Corp

258,172

453,154

3M Co

75,450,141

95,292

A.O. Smith Corp

6,288,319

54,660

(b) Aaon, Inc

5,377,997

23,678

(a) AAR Corp

1,993,924

26,578

Acuity Brands, Inc

9,702,299

57,160

Advanced Drainage Systems, Inc

8,005,258

25,824

(a) Aebi Schmidt Holding AG.

287,938

112,178

Aecom Technology Corp

15,071,114

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

26,586

(a) Aerovironment, Inc

$

9,834,427

27,273

(a) AerSale Corp

202,366

53,416

AGCO Corp

5,510,395

78,291

Air Lease Corp

4,999,663

11,995

(a) Alamo Group, Inc

2,143,746

34,459

(a) Albany International Corp (Class A)

1,949,690

115,006

(a) Allegheny Technologies, Inc

11,382,144

76,759

Allegion plc

12,724,339

6,208

(a) Allied Motion Technologies, Inc

339,453

70,198

Allison Transmission Holdings, Inc

5,794,845

12,889

(a) Alta Equipment Group, Inc

78,881

35,576

(a) Ameresco, Inc

1,405,964

27,449

(a) American Superconductor Corp

1,625,804

12,826

(a) American Woodmark Corp

817,401

193,097

Ametek, Inc

39,026,835

85,527

(a) Amprius Technologies, Inc

1,205,075

315,483

(a) API Group Corp

11,616,084

18,243

(a) Apogee Enterprises, Inc

667,876

30,780

Applied Industrial Technologies, Inc

7,913,230

471,564

(a) Archer Aviation, Inc

5,290,948

50,409

Arcosa, Inc

5,141,718

11,536

(a) Argan, Inc

3,532,439

35,058

Armstrong World Industries, Inc

6,676,095

157,065

(a),(b)

Array Technologies, Inc

1,360,183

17,527

(a) Astec Industries, Inc

815,531

17,487

(a) Astronics Corp

860,011

34,587

Atkore, Inc

2,395,150

70,062

Atmus Filtration Technologies, Inc

3,186,420

63,012

(a) Axon Enterprise, Inc

46,139,277

18,025

AZZ, Inc

1,799,796

179,820

(a) Bloom Energy Corp

23,765,011

25,060

(a) Blue Bird Corp

1,251,998

11,068

(a) BlueLinx Holdings, Inc

724,290

609,734

(a) Boeing Co

122,568,729

33,731

Boise Cascade Co

2,377,698

11,845

(a) Bowman Consulting Group Ltd

512,770

27,967

(a),(b)

Brookfield Business Corp

1,019,677

91,879

(a) Builders FirstSource, Inc

10,673,583

73,250

BWX Technologies, Inc

15,646,932

15,862

(a),(b)

Byrna Technologies, Inc

321,205

8,806

(a),(b)

Cadre Holdings, Inc

373,903

37,748

Carlisle Cos, Inc

12,269,987

42,020

Carpenter Technology Corp

13,274,118

664,425

Carrier Global Corp

39,526,643

388,444

Caterpillar, Inc

224,233,183

32,151

(a) Centuri Holdings, Inc

649,129

36,781

(a) Chart Industries, Inc

7,342,223

669,075

CNH Industrial NV

7,018,597

20,151

Columbus McKinnon Corp

327,051

28,861

Comfort Systems USA, Inc

27,867,604

887

(a) Concrete Pumping Holdings, Inc

5,668

43,404

(a) Construction Partners, Inc

4,963,247

169,838

(a) Core & Main, Inc

8,862,147

45,095

Crane Co

8,568,050

15,294

(a) CSW Industrials, Inc

3,829,923

113,217

Cummins, Inc

49,552,817

31,419

Curtiss-Wright Corp

18,717,241

55,814

(a),(b)

Custom Truck One Source, Inc

328,744

207,036

Deere & Co

95,574,029

80,220

(a) DNOW, Inc

1,179,234

100,446

Donaldson Co, Inc

8,462,575

17,088

Douglas Dynamics, Inc

516,570

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

112,262

Dover Corp

$

20,371,063

7,460

(a) Ducommun, Inc

684,455

12,598

(a) DXP Enterprises, Inc

1,507,351

21,956

(a) Dycom Industries, Inc

6,318,717

330,997

Eaton Corp plc

126,295,215

37,042

EMCOR Group, Inc

25,032,243

468,869

Emerson Electric Co

65,440,046

46,405

(a) Energy Recovery, Inc

793,990

55,416

Enerpac Tool Group Corp

2,274,273

33,465

EnerSys

4,221,944

116,702

(a),(b)

Enovix Corp

1,399,257

16,390

EnPro Industries, Inc

3,802,644

189,927

(a),(b)

Eos Energy Enterprises, Inc

3,044,530

44,651

Esab Corp

5,216,130

19,331

ESCO Technologies, Inc

4,242,575

49,319

(a) Everus Construction Group, Inc

4,482,604

971,872

(a) Fastenal Co

39,992,533

46,155

(a) Federal Signal Corp

5,447,675

162,617

Ferguson Enterprises, Inc

40,410,324

98,402

Flowserve Corp

6,715,936

46,207

(a),(b)

Fluence Energy, Inc

970,347

131,134

(a) Fluor Corp

6,395,405

271,307

Fortive Corp

13,657,594

104,386

Fortune Brands Innovations, Inc

5,302,809

37,279

(a) Franklin Electric Co, Inc

3,532,931

171,229

(a) Freyr Battery, Inc

636,972

81,029

FTAI Aviation Ltd

14,009,914

227,491

(a) Gates Industrial Corp plc

5,023,001

29,966

(a) GATX Corp

4,700,167

232,268

GE Vernova, Inc

135,909,298

26,667

(a) Gencor Industries, Inc

362,405

45,953

(a) Generac Holdings, Inc

7,721,023

213,400

General Dynamics Corp

73,601,660

886,006

General Electric Co

273,731,554

26,448

(a) Gibraltar Industries, Inc

1,650,091

25,662

(a) Global Industrial Co

729,314

18,896

(a) Gorman-Rupp Co

849,753

147,695

Graco, Inc

12,077,020

6,866

(a) Graham Corp

427,683

39,368

(a) Granite Construction, Inc

4,051,361

60,950

(a) Great Lakes Dredge & Dock Corp

691,783

33,587

Greenbrier Cos, Inc

1,402,929

40,831

(a) Griffon Corp

3,021,902

130,446

(a) Hayward Holdings, Inc

2,213,669

36,168

HEICO Corp

11,493,105

62,409

HEICO Corp (Class A)

15,460,582

23,945

(a) Helios Technologies, Inc

1,325,595

28,560

Herc Holdings, Inc

4,056,948

78,974

Hexcel Corp

5,638,744

76,991

Hillenbrand, Inc

2,432,916

103,419

(a) Hillman Solutions Corp

953,523

537,633

Honeywell International, Inc

108,241,652

338,833

Howmet Aerospace, Inc

69,782,656

44,136

Hubbell, Inc

20,743,920

33,445

(a) Hudson Technologies, Inc

303,513

35,838

Huntington Ingalls Industries, Inc

11,540,553

306,800

(a),(b)

Hyliion Holdings Corp

727,116

7,156

(a) Hyster-Yale Materials Handling, Inc

257,187

67,464

(a) IDEX Corp

11,567,377

9,895

(a) IES Holdings, Inc

3,877,653

241,749

Illinois Tool Works, Inc

58,967,416

343,146

Ingersoll Rand, Inc

26,192,334

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

15,632

(a) Insteel Industries, Inc

$

488,344

96,892

(a),(b)

Intuitive Machines, Inc

1,155,922

66,877

ITT, Inc

12,376,926

82,032

(a) Janus International Group, Inc

787,507

95,278

(a) JELD-WEN Holding, Inc

413,507

41,736

John Bean Technologies Corp

5,262,910

552,157

Johnson Controls International plc

63,161,239

9,278

(a) Kadant, Inc

2,566,851

13,064

(a) Karman Holdings, Inc

1,100,511

63,395

(a) Kennametal, Inc

1,391,520

140,203

(a) Kratos Defense & Security Solutions, Inc

12,702,392

157,139

L3Harris Technologies, Inc

45,428,885

4,474

(a) Lawson Products, Inc

122,319

26,580

Lennox International, Inc

13,422,900

65,281

(a) Leonardo DRS, Inc

2,386,673

13,116

(a) Limbach Holdings, Inc

1,239,200

47,515

Lincoln Electric Holdings, Inc

11,139,892

8,406

Lindsay Corp

935,083

35,722

(a) Loar Holdings, Inc

2,826,682

177,136

Lockheed Martin Corp

87,129,656

32,814

(a) LSI Industries, Inc

751,112

30,526

(a) Luxfer Holdings plc

372,417

25,887

(a) Manitowoc Co, Inc

263,271

178,413

Masco Corp

11,554,026

47,879

(a) Mastec, Inc

9,774,977

104,386

(a) Masterbrand, Inc

1,318,395

26,438

(a) Mayville Engineering Co Inc

471,125

21,770

McGrath RentCorp

2,338,969

33,465

(a) Mercury Computer Systems, Inc

2,590,526

161,051

(a),(b)

Microvast Holdings, Inc

877,728

46,376

(a) Middleby Corp

5,761,290

12,532

(a) Miller Industries, Inc

503,034

27,127

Moog, Inc (Class A)

5,556,966

74,482

(a) MRC Global, Inc

1,039,024

40,108

(a) MSC Industrial Direct Co (Class A)

3,405,570

86,341

(a) Mueller Industries, Inc

9,140,922

123,593

Mueller Water Products, Inc (Class A)

3,171,396

15,607

(a) MYR Group, Inc

3,397,644

25,952

(a),(b)

NANO Nuclear Energy, Inc

1,233,758

3,753

(a) National Presto Industries, Inc

401,458

660,793

(a),(b)

Net Power, Inc

2,524,229

114,362

(a) Newpark Resources, Inc

1,406,653

126,371

(a) NEXTracker, Inc

12,791,273

50,093

(a) Nordson Corp

11,619,071

113,634

Northrop Grumman Corp

66,299,757

5,136

(a) Northwest Pipe Co

308,982

109,092

(a) NuScale Power Corp

4,894,958

138,034

nVent Electric plc

15,784,188

2,380

(a) Omega Flex, Inc

65,807

66,840

(a) Orion Marine Group, Inc

719,867

51,245

Oshkosh Corp

6,317,996

331,399

Otis Worldwide Corp

30,740,571

70,404

Owens Corning, Inc

8,963,133

444,749

PACCAR, Inc

43,763,302

17,348

(a) Park Aerospace Corp

332,388

108,916

Parker-Hannifin Corp

84,173,552

133,782

Pentair plc

14,227,716

905,054

(a) Plug Power, Inc

2,434,595

6,237

(a),(b)

Powell Industries, Inc

2,391,203

5,714

(a),(b)

Power Solutions International, Inc

489,233

1,157

(a) Preformed Line Products Co

245,411

44,905

Primoris Services Corp

6,354,956

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

20,651

(a) Proto Labs, Inc

$

1,027,594

71,483

(a) Quanex Building Products Corp

1,015,773

124,821

Quanta Services, Inc

56,060,856

517,293

(a),(b)

QXO, Inc

9,140,567

25,790

(a) RBC Bearings, Inc

11,051,789

60,202

(a) Redwire Corp

473,790

58,146

Regal-Beloit Corp

8,192,190

112,180

(a) Resideo Technologies, Inc

4,801,304

34,968

(a) REV Group, Inc

1,792,809

342,629

(a) Rocket Lab Corp

21,578,774

92,370

Rockwell Automation, Inc

34,025,413

1,135,139

RTX Corp

202,622,312

6,598

Rush Enterprises, Inc

346,197

44,730

Rush Enterprises, Inc (Class A)

2,210,109

415,513

(a) Satellogic, Inc

793,630

134,984

(a) Sensata Technologies Holding plc

4,296,541

181,997

(a) Shoals Technologies Group, Inc

1,912,788

37,416

Simpson Manufacturing Co, Inc

6,603,924

40,856

(a) SiteOne Landscape Supply, Inc

5,301,883

42,466

(a) Snap-On, Inc

14,249,466

106,309

(a) Spirit Aerosystems Holdings, Inc (Class A)

3,900,477

41,025

(a) SPX Technologies, Inc

9,185,087

113,112

(a) StandardAero, Inc

3,267,806

8,453

(a) Standex International Corp

1,971,493

130,458

Stanley Black & Decker, Inc

8,834,616

23,409

(a) Sterling Construction Co, Inc

8,846,261

191,646

(a) Sunrun, Inc

3,978,571

25,412

(a) Tecnoglass, Inc

1,515,318

24,854

(a) Tennant Co

1,988,320

69,107

(a) Terex Corp

3,180,304

151,739

(a) Textron, Inc

12,262,029

22,578

(a) Thermon Group Holdings, Inc

648,666

48,377

Timken Co

3,798,078

51,987

(a) Titan International, Inc

392,502

13,882

(a) Titan Machinery, Inc

227,665

82,930

Toro Co

6,197,359

186,708

Trane Technologies plc

83,766,544

5,151

(a) Transcat, Inc

374,220

47,577

TransDigm Group, Inc

62,254,980

100,182

(a) Trex Co, Inc

4,840,794

82,023

Trinity Industries, Inc

2,244,970

23,799

(a) Tutor Perini Corp

1,603,101

43,251

(a) UFP Industries, Inc

3,984,715

54,318

United Rentals, Inc

47,320,755

24,501

(a) V2X, Inc

1,398,762

18,457

Valmont Industries, Inc

7,630,678

321,909

Vertiv Holdings Co

62,083,370

15,571

(a) Vicor Corp

1,412,757

19,685

VSE Corp

3,556,686

37,526

W.W. Grainger, Inc

36,737,954

39,430

Wabash National Corp

316,229

27,663

Watsco, Inc

10,180,261

26,804

(a) Watts Water Technologies, Inc (Class A)

7,306,770

40,493

WESCO International, Inc

10,509,148

141,689

Westinghouse Air Brake Technologies Corp

28,966,899

168,942

(a) WillScot Mobile Mini Holdings Corp

3,674,489

50,447

Woodward Inc

13,222,663

25,062

(a) Worthington Enterprises, Inc

1,405,728

35,235

(a) Xometry, Inc

1,715,592

199,333

Xylem, Inc

30,069,383

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

140,071

(a) Zurn Elkay Water Solutions Corp

$

6,598,745

TOTAL CAPITAL GOODS

3,862,782,226

COMMERCIAL & PROFESSIONAL SERVICES - 1.2%

49,137

(a) ABM Industries, Inc

2,112,891

91,019

(a) ACCO Brands Corp

342,231

110,227

(a) ACV Auctions, Inc

999,759

88,153

Alight, Inc

253,881

141,138

(a) Amentum Holdings, Inc

3,162,903

33,223

(a) Asure Software, Inc

294,024

342,958

Automatic Data Processing, Inc

89,271,967

21,308

Barrett Business Services, Inc

862,335

27,933

(a),(b)

BlackSky Technology, Inc

589,945

110,250

Booz Allen Hamilton Holding Corp

9,609,390

34,803

(a) BrightView Holdings, Inc

428,773

35,470

Brink's Co

3,942,845

97,552

Broadridge Financial Solutions, Inc

21,500,461

19,011

(a) CACI International, Inc (Class A)

10,688,935

54,887

(a) Casella Waste Systems, Inc (Class A)

4,861,342

43,111

(a),(b)

CBIZ, Inc

2,371,105

25,717

(a) CECO Environmental Corp

1,257,304

122,132

(a) Ceridian HCM Holding, Inc

8,395,354

13,622

(a) Cimpress plc

942,779

290,367

Cintas Corp

53,215,560

300,482

(a) Clarivate plc

1,021,639

44,744

(a) Clean Harbors, Inc

9,419,059

38,023

(a) Concentrix Corp

1,532,707

132,462

(a) Conduent, Inc

315,260

745,793

(a) Copart, Inc

32,076,557

100,942

(a) CoreCivic, Inc

1,870,455

4,484

(a) CRA International, Inc

854,157

26,157

CSG Systems International, Inc

2,047,308

30,980

Deluxe Corp

561,048

78,667

(a) Ennis, Inc

1,290,139

104,364

Equifax, Inc

22,031,240

132,285

(a) ExlService Holdings, Inc

5,172,343

41,992

(a) Exponent, Inc

2,973,453

53,505

(a) First Advantage Corp

675,768

8,190

(a) Forrester Research, Inc

58,395

9,141

(a) Franklin Covey Co

155,214

31,944

(a) FTI Consulting, Inc

5,271,079

149,184

(a) Genpact Ltd

5,691,370

110,839

(a) GEO Group, Inc

1,880,938

61,320

(a) Harsco Corp

748,717

56,484

(a) Healthcare Services Group

1,009,369

14,986

(a) Heidrick & Struggles International, Inc

874,733

56,093

(a) Herman Miller, Inc

876,173

39,729

HNI Corp

1,625,711

17,579

(a) Huron Consulting Group, Inc

2,890,691

14,225

(a) ICF International, Inc

1,141,983

25,703

(a),(b)

Innodata, Inc

1,917,701

30,132

(a) Insperity, Inc

1,329,424

40,589

Interface, Inc

1,010,666

97,802

Jacobs Solutions, Inc

15,238,530

105,937

KBR, Inc

4,538,341

25,446

(a) Kelly Services, Inc (Class A)

285,250

14,799

(a) Kforce, Inc

374,415

44,482

Korn/Ferry International

2,877,985

82,778

(a) Legalzoom.com, Inc

825,297

104,343

Leidos Holdings, Inc

19,874,211

20,481

(a) Liquidity Services, Inc

490,315

39,935

Manpower, Inc

1,224,407

46,121

(a) MAXIMUS, Inc

3,833,577

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

COMMERCIAL & PROFESSIONAL SERVICES

(continued)

51,680

(a) Mistras Group, Inc

$

493,027

19,414

(a) Montrose Environmental Group, Inc

502,434

29,217

MSA Safety, Inc

4,587,945

99,756

(a) OPENLANE, Inc

2,635,553

47,740

(a) Parsons Corp

3,969,104

274,723

Paychex, Inc

32,150,833

44,093

Paycom Software, Inc

8,249,359

37,253

(a) Paylocity Holding Corp

5,262,731

131,794

Pitney Bowes, Inc

1,302,125

174,956

(a) Planet Labs PBC

2,353,158

83,380

(a) Quad Graphics, Inc

459,424

161,078

RB Global, Inc

15,982,159

171,577

Republic Services, Inc

35,729,194

31,570

(a) Resources Connection, Inc

138,908

95,845

Robert Half International, Inc

2,510,181

250,978

Rollins, Inc

14,458,843

43,704

Science Applications International Corp

4,095,502

151,210

(a) Spire Global, Inc

1,645,165

170,101

SS&C Technologies Holdings, Inc

14,444,977

72,578

(a) Steelcase, Inc (Class A)

1,158,345

239,975

Tetra Tech, Inc

7,674,400

79,603

(a) TIC Solutions, Inc

965,584

166,720

TransUnion

13,534,330

31,176

TriNet Group, Inc

1,870,560

27,408

(a) TrueBlue, Inc

129,914

13,566

(a),(b)

TTEC Holdings, Inc

47,345

16,144

(a) Unifirst Corp

2,491,826

86,222

(a) Upwork, Inc

1,374,379

199,267

Veralto Corp

19,663,668

119,037

Verisk Analytics, Inc

26,040,534

157,937

(a) Verra Mobility Corp

3,665,718

101,978

Vestis Corp

535,384

35,967

(a) Virco Mfg. Corp

263,278

309,495

Waste Management, Inc

61,827,816

7,913

(a) Willdan Group, Inc

747,858

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

665,950,970

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 5.5%

19,450

(a) 1-800-FLOWERS.COM, Inc (Class A)

70,020

41,896

(a) Abercrombie & Fitch Co (Class A)

3,039,555

44,300

Academy Sports & Outdoors, Inc

2,121,527

57,145

(b) Advance Auto Parts, Inc

2,693,244

12,218

(a) A-Mark Precious Metals, Inc

324,754

8,099,903

(a) Amazon.com, Inc

1,978,158,311

151,292

American Eagle Outfitters, Inc

2,528,089

4,429

(a) America's Car-Mart, Inc

98,501

37,251

(a) Arhaus, Inc

373,255

88,408

Arko Corp

389,437

17,268

(a) Asbury Automotive Group, Inc

4,051,073

27,134

(a) Autonation, Inc

5,423,273

14,134

(a) Autozone, Inc

51,934,394

196,056

(a) BARK, Inc

177,980

179,567

Bath & Body Works, Inc

4,395,800

152,405

Best Buy Co, Inc

12,518,547

24,858

(a) Boot Barn Holdings, Inc

4,714,320

26,352

(a) Buckle, Inc

1,444,090

16,431

(a) Build-A-Bear Workshop, Inc

890,889

54,905

(a) Burlington Stores, Inc

15,021,459

27,131

(a) Caleres, Inc

299,526

45,155

Camping World Holdings, Inc

594,240

112,104

(a) Carmax, Inc

4,698,279

111,825

(a) Carvana Co

34,278,835

175,022

(a) Chewy, Inc

5,901,742

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

(continued)

1,051,070

(a) Coupang, Inc

$

33,602,708

44,243

(a),(b)

Designer Brands, Inc

163,257

52,849

Dick's Sporting Goods, Inc

11,703,411

3,335

Dillard's, Inc (Class A)

2,001,267

390,342

eBay, Inc

31,738,708

97,051

(a) Etsy, Inc

6,017,162

109,447

(a) EVgo, Inc

449,827

46,886

(a) Five Below, Inc

7,373,761

89,712

(a) Floor & Decor Holdings, Inc

5,605,206

346,695

(a) GameStop Corp (Class A)

7,727,832

182,581

Gap, Inc

4,171,976

10,885

(a) Genesco, Inc

315,774

116,619

Genuine Parts Co

14,846,765

19,249

(a),(b)

GigaCloud Technology, Inc

538,587

10,513

Group 1 Automotive, Inc

4,179,338

19,850

(a),(b)

Groupon, Inc

399,580

12,079

(a) Haverty Furniture Cos, Inc

263,443

838,681

Home Depot, Inc

318,354,921

104,497

Kohl's Corp

1,700,166

29,092

(a),(b)

Lands' End, Inc

457,908

21,647

Lithia Motors, Inc (Class A)

6,798,890

195,614

LKQ Corp

6,251,823

472,642

Lowe's Cos, Inc

112,550,239

182,797

Macy's, Inc

3,562,713

14,865

(a),(b)

MarineMax, Inc

368,206

24,916

(a) Monro Muffler, Inc

365,019

14,919

Murphy USA, Inc

5,343,986

60,209

(a) National Vision Holdings, Inc

1,550,382

35,743

(a) ODP Corp

996,515

57,170

(a) Ollie's Bargain Outlet Holdings, Inc

6,906,708

7,506

(a),(b)

OneWater Marine, Inc

116,568

722,723

(a) O'Reilly Automotive, Inc

68,253,960

84,850

(a) Overstock.com, Inc

654,193

19,648

(a) Penske Auto Group, Inc

3,145,055

63,078

(a) Petco Health & Wellness Co, Inc

200,588

32,909

Pool Corp

8,788,677

127,958

(a) RealReal, Inc

1,562,367

26,266

(a) Revolve Group, Inc

581,004

11,142

(a) RH

1,921,884

270,898

Ross Stores, Inc

43,051,110

124,307

(a) Sally Beauty Holdings, Inc

1,878,279

22,839

(a),(b)

Savers Value Village, Inc

210,347

10,676

(a) Shoe Carnival, Inc

195,691

39,515

Signet Jewelers Ltd

3,906,058

17,467

(a),(b)

Sleep Number Corp

96,068

17,973

(a) Sonic Automotive, Inc (Class A)

1,141,825

107,982

(a) Stitch Fix, Inc

452,445

83,380

(a) ThredUp, Inc

732,910

936,903

TJX Cos, Inc

131,297,586

21,328

(a),(b)

Torrid Holdings, Inc

26,660

453,520

Tractor Supply Co

24,539,967

37,232

(a) Ulta Beauty, Inc

19,356,172

20,356

(a) Upbound Group, Inc

394,499

53,953

(a) Urban Outfitters, Inc

3,485,903

113,676

(a) Valvoline, Inc

3,752,445

67,822

(a) Victoria's Secret & Co

2,390,725

64,680

(a) Warby Parker, Inc

1,267,081

74,009

(a) Wayfair, Inc

7,660,672

98,812

Williams-Sonoma, Inc

19,203,124

3,199

(a) Winmark Corp

1,289,741

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

(continued)

17,055

(a) Zumiez, Inc

$

369,241

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

3,084,370,063

CONSUMER DURABLES & APPAREL - 0.7%

29,457

(a) Acushnet Holdings Corp

2,277,910

122,382

(a) Amer Sports, Inc

3,821,990

48,209

(a),(b)

AMMO, Inc

77,134

37,938

(a) Beazer Homes USA, Inc

849,811

45,616

(a) BK LC Lux Finco 2 Sarl

1,820,535

55,041

Brunswick Corp

3,638,761

146,000

(a) Callaway Golf Co

1,373,860

87,246

(a) Capri Holdings Ltd

1,810,354

39,511

Carter's, Inc

1,240,645

7,534

(a) Cavco Industries, Inc

3,991,513

12,180

(a) Century Communities, Inc

723,492

17,828

(a) Clarus Corp

59,546

21,667

Columbia Sportswear Co

1,075,333

39,614

Cricut, Inc

210,350

38,756

(a) Crocs, Inc

3,165,978

120,810

(a) Deckers Outdoor Corp

9,846,015

225,401

DR Horton, Inc

33,602,781

28,420

(a),(b)

Dream Finders Homes, Inc

562,716

17,863

(a) Ethan Allen Interiors, Inc

431,749

99,142

(a) Figs, Inc

739,599

16,268

(a) Funko, Inc

50,756

139,101

(a) Garmin Ltd

29,759,268

32,892

(a) G-III Apparel Group Ltd

883,150

22,207

(a) Green Brick Partners, Inc

1,437,681

195,017

(a) Hanesbrands, Inc

1,289,062

113,125

Hasbro, Inc

8,632,569

17,902

(a) Helen of Troy Ltd

333,514

5,395

(a) Hovnanian Enterprises, Inc

648,641

17,511

(a) Installed Building Products, Inc

4,346,756

18,019

(a) JAKKS Pacific, Inc

306,323

4,498

(a) Johnson Outdoors, Inc

183,204

54,298

KB Home

3,389,281

52,445

Kontoor Brands, Inc

4,243,849

28,807

(a) Latham Group, Inc

208,851

33,828

La-Z-Boy, Inc

1,072,348

(a) Legacy Housing Corp

3,728

169,436

Leggett & Platt, Inc

1,582,532

186,715

(a) Lennar Corp (Class A)

23,109,716

6,572

(a),(b)

Lennar Corp (Class B)

775,825

20,665

(a) LGI Homes, Inc

843,339

8,731

(a),(b)

Lovesac Co

121,099

83,525

(a) Lululemon Athletica, Inc

14,244,353

27,461

(a) M/I Homes, Inc

3,437,843

15,494

(a) Malibu Boats, Inc

431,818

6,781

(a) Marine Products Corp

57,299

13,757

(a) MasterCraft Boat Holdings, Inc

275,965

253,886

(a) Mattel, Inc

4,666,425

54,886

Meritage Homes Corp

3,708,098

45,619

(a) Mohawk Industries, Inc

5,184,143

11,455

Movado Group, Inc

208,596

254,821

Newell Rubbermaid, Inc

866,391

980,570

Nike, Inc (Class B)

63,335,016

2,194

(a) NVR, Inc

15,820,539

182,278

(a) On Holding AG.

6,771,628

11,713

(a) Oxford Industries, Inc

431,624

301,470

(a) Peloton Interactive, Inc

2,188,672

49,830

Polaris Industries, Inc

3,293,763

170,441

Pulte Homes, Inc

20,430,763

37,306

PVH Corp

2,922,179

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CONSUMER DURABLES & APPAREL

(continued)

30,648

Ralph Lauren Corp

$

9,796,940

5,014

(a) Rocky Brands, Inc

141,345

66,788

(a) SharkNinja Global SPV Ltd

5,710,374

45,632

(a) Skyline Champion Corp

3,113,471

39,576

(a) Smith & Wesson Brands, Inc

379,336

97,889

(a) Sonos, Inc

1,680,754

59,762

Steven Madden Ltd

2,026,529

31,019

(a) Sturm Ruger & Co, Inc

1,315,516

171,039

Tapestry, Inc

18,783,503

84,857

(a) Taylor Morrison Home Corp

5,029,474

171,452

Tempur Sealy International, Inc

13,603,002

84,307

Toll Brothers, Inc

11,377,230

24,113

(a) TopBuild Corp

10,187,260

92,678

(a) Tri Pointe Homes, Inc

2,951,794

142,219

(a),(b)

Under Armour, Inc (Class A)

655,630

152,950

(a),(b)

Under Armour, Inc (Class C)

679,098

327,295

VF Corp

4,595,222

44,369

Whirlpool Corp

3,178,151

60,869

(a) Wolverine World Wide, Inc

1,381,726

87,376

(a) YETI Holdings, Inc

2,969,910

TOTAL CONSUMER DURABLES & APPAREL

402,372,944

CONSUMER SERVICES - 2.0%

42,715

(a) Accel Entertainment, Inc

435,266

328,335

ADT, Inc

2,902,481

36,733

(a) Adtalem Global Education, Inc

3,600,569

353,916

(a) Airbnb, Inc

44,784,531

11,881

(a) American Public Education, Inc

397,895

232,262

Aramark

8,798,085

2,687

(a) Biglari Holdings, Inc (B Shares)

970,840

16,236

(a) BJ's Restaurants, Inc

551,375

101,155

(a) Bloomin' Brands, Inc

690,889

27,523

Booking Holdings, Inc

139,754,638

49,009

Boyd Gaming Corp

3,816,331

53,584

(a) Bright Horizons Family Solutions, Inc

5,852,980

42,293

(a) Brinker International, Inc

4,595,557

177,460

(a) Caesars Entertainment, Inc

3,566,946

916,127

(a) Carnival Corp

26,411,941

13,917

(a) Carriage Services, Inc

622,090

84,220

(a) Cava Group, Inc

4,525,141

31,587

(a) Cheesecake Factory

1,573,033

1,143,628

(a) Chipotle Mexican Grill, Inc (Class A)

36,241,571

27,242

(b) Choice Hotels International, Inc

2,532,416

54,716

Churchill Downs, Inc

5,427,827

147,520

(a) Coursera, Inc

1,242,118

17,056

Cracker Barrel Old Country Store, Inc

574,787

96,750

Darden Restaurants, Inc

17,429,512

30,838

(a) Dave & Buster's Entertainment, Inc

453,010

49,845

(a) Denny's Corp

194,894

13,530

(b) Dine Brands Global Inc.

334,462

25,501

Domino's Pizza, Inc

10,161,128

303,953

(a) DoorDash, Inc

77,316,525

406,325

(a) DraftKings, Inc

12,429,482

75,581

(a) Driven Brands Holdings, Inc

1,084,587

28,613

(a) Duolingo, Inc

7,743,822

103,102

(a) Dutch Bros, Inc

5,726,285

12,211

(a) El Pollo Loco Holdings, Inc

124,796

9,603

(a) European Wax Center, Inc

37,452

100,859

Expedia Group, Inc

22,188,980

7,261

(a) First Watch Restaurant Group, Inc

119,734

148,640

(a) Flutter Entertainment plc

34,572,178

63,264

(a) Frontdoor, Inc

4,202,627

168,724

(a) Genius Sports Ltd

1,899,832

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CONSUMER SERVICES

(continued)

52,701

(a),(b)

Global Business Travel Group I

$

414,230

19,659

(a) Golden Entertainment, Inc

397,112

2,812

(a) Graham Holdings Co

2,846,110

21,828

(a) Grand Canyon Education, Inc

4,110,212

113,055

H&R Block, Inc

5,623,356

66,461

(a) Hilton Grand Vacations, Inc

2,754,808

195,116

Hilton Worldwide Holdings, Inc

50,137,007

36,903

(b) Hyatt Hotels Corp

5,070,841

30,674

(a) Inspired Entertainment, Inc

231,589

114,945

(a) International Game Technology plc

1,914,984

17,265

(a),(b)

Jack in the Box, Inc

276,931

62,386

(a),(b)

Krispy Kreme, Inc

223,966

4,466

(a),(b)

Kura Sushi USA, Inc

254,249

262,583

Las Vegas Sands Corp

15,584,301

110,233

(a) Laureate Education, Inc

3,200,064

100,520

(a) Life Time Group Holdings, Inc

2,485,860

75,566

(a),(b)

Light & Wonder, Inc

5,493,648

16,280

(a) Lincoln Educational Services Corp

316,158

50,626

(a) Lindblad Expeditions Holdings, Inc

610,550

191,898

Marriott International, Inc (Class A)

50,004,781

31,047

Marriott Vacations Worldwide Corp

2,048,481

23,701

Matthews International Corp (Class A)

555,077

603,821

McDonald's Corp

180,198,301

157,121

(a) MGM Resorts International

5,032,586

56,702

(a) Mister Car Wash, Inc

316,964

9,593

(a) Monarch Casino & Resort, Inc

864,041

98,040

(a),(b)

Nerdy, Inc

97,050

360,855

(a) Norwegian Cruise Line Holdings Ltd

8,090,369

56,804

(a) OneSpaWorld Holdings Ltd

1,321,829

24,598

(a) Papa John's International, Inc

1,249,824

138,532

(a) Penn National Gaming, Inc

2,280,237

51,762

Perdoceo Education Corp

1,643,961

74,794

(a) Planet Fitness, Inc

6,783,068

36,820

(a),(b)

Portillo's, Inc

196,987

6,503

(a) RCI Hospitality Holdings, Inc

161,990

43,399

Red Rock Resorts, Inc

2,313,601

273,212

Restaurant Brands International, Inc

17,947,296

211,957

Royal Caribbean Cruises Ltd

60,795,626

103,180

(a) Rush Street Interactive, Inc

1,749,933

238,986

(a) Sabre Corp

488,726

38,148

(a) SeaWorld Entertainment, Inc

1,846,363

43,146

(a),(b)

Serve Robotics, Inc

570,822

101,567

Service Corp International

8,481,860

30,862

(a) Shake Shack, Inc

2,978,492

68,957

Six Flags Entertainment Corp

1,584,632

963,625

Starbucks Corp

77,928,354

17,816

(a) Strategic Education, Inc

1,353,660

39,613

(a) Stride, Inc

2,695,268

107,220

(a) Super Group SGHC Ltd

1,157,976

82,698

(a),(b)

Sweetgreen, Inc

520,170

23,787

(a) Target Hospitality Corp

182,922

61,389

Texas Roadhouse, Inc (Class A)

10,042,013

54,484

Travel & Leisure Co

3,420,505

55,854

(a) Udemy, Inc

318,088

31,874

(a) Universal Technical Institute, Inc

947,295

32,770

(b) Vail Resorts, Inc

4,860,774

14,279

(a) Viad Corp

506,619

128,557

(a) Viking Holdings Ltd

7,822,693

26,053

(b) Wendy's Co

222,493

25,052

Wingstop, Inc

5,427,015

68,358

Wyndham Hotels & Resorts, Inc

5,019,528

68,236

(a) Wynn Resorts Ltd

8,119,402

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CONSUMER SERVICES

(continued)

29,226

(a) Xponential Fitness, Inc

$

196,399

237,575

Yum! Brands, Inc

32,835,241

TOTAL CONSUMER SERVICES

1,121,013,901

CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.7%

329,301

(a) Albertsons Cos, Inc

5,825,335

23,900

Andersons, Inc

1,106,809

117,079

(a) BJ's Wholesale Club Holdings, Inc

10,333,392

30,443

Casey's General Stores, Inc

15,623,043

25,883

(a) Chefs' Warehouse, Inc

1,527,097

374,373

Costco Wholesale Corp

341,222,271

178,136

(a) Dollar General Corp

17,574,898

166,559

(a) Dollar Tree, Inc

16,509,328

85,229

(a) Grocery Outlet Holding Corp

1,159,967

38,586

(a) HF Foods Group, Inc

83,346

9,950

(a) Ingles Markets, Inc (Class A)

687,545

512,547

Kroger Co

32,613,366

138,940

(a) Maplebear, Inc

5,121,328

10,408

(a) Natural Grocers by Vitamin Cottage, Inc

333,993

136,613

(a) Performance Food Group Co

13,215,942

17,346

(a) Pricesmart, Inc

1,993,749

87,100

(a) Sprouts Farmers Market, Inc

6,877,416

408,418

Sysco Corp

30,337,289

383,864

Target Corp

35,591,870

41,913

(a) United Natural Foods, Inc

1,578,024

184,217

(a) US Foods Holding Corp

13,377,839

4,530

(a) Village Super Market (Class A)

142,106

3,687,794

Walmart, Inc

373,130,997

14,813

(a) Weis Markets, Inc

938,255

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

926,905,205

ENERGY - 2.9%

253,466

Antero Midstream Corp

4,372,289

237,852

(a) Antero Resources Corp

7,352,005

308,328

(a) APA Corp

6,983,629

158,438

Archrock, Inc

4,003,728

37,685

Ardmore Shipping Corp

474,454

40,060

(b) Atlas Energy Solutions, Inc

495,943

837,859

Baker Hughes Co

40,560,754

74,590

Berry Corp

251,368

350,327

(a),(b)

Borr Drilling Ltd

1,086,014

22,773

(a) Bristow Group, Inc

926,861

613,297

(a) Cabot Oil & Gas Corp

14,510,607

58,903

Cactus, Inc

2,601,746

61,384

California Resources Corp

2,895,483

57,303

(a),(b)

Calumet, Inc

1,120,847

13,765

(a),(b)

Centrus Energy Corp

5,058,087

181,136

Cheniere Energy, Inc

38,400,832

180,509

Chesapeake Energy Corp

18,648,385

1,617,701

Chevron Corp

255,143,802

55,190

Chord Energy Corp

5,006,837

45,110

Civitas Resources, Inc

1,300,521

115,507

(a) Clean Energy Fuels Corp

330,350

114,472

(a) CNX Resources Corp

3,853,128

79,213

(a),(b)

Comstock Resources, Inc

1,485,244

1,073,286

ConocoPhillips

95,372,194

38,444

(a) Core Laboratories, Inc

612,797

42,176

Core Natural Resources, Inc

3,331,904

217,233

(a) Crescent Energy Co

1,831,274

24,649

(a) CVR Energy, Inc

877,258

64,227

(a) Delek US Holdings, Inc

2,425,212

505,265

Devon Energy Corp

16,416,060

27,601

DHT Holdings, Inc

366,541

165,865

Diamondback Energy, Inc

23,750,209

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

ENERGY

(continued)

28,543

(a) Diversified Energy Co plc

$

361,069

28,709

(a) DMC Global, Inc

231,395

47,288

Dorian LPG Ltd

1,364,259

85,380

DT Midstream, Inc

9,348,256

19,390

(a),(b)

Empire Petroleum Corp

58,364

153,847

(a),(b)

Encore Energy Corp

475,387

121,539

(a),(b)

Energy Fuels, Inc

2,492,765

463,708

EOG Resources, Inc

49,078,855

511,775

EQT Corp

27,420,905

14,387

Excelerate Energy, Inc

372,767

59,737

(a) Expro Group Holdings NV

811,228

3,658,642

Exxon Mobil Corp

418,402,299

30,260

(a) FLEX LNG Ltd

785,852

15,687

(a) Forum Energy Technologies, Inc

420,098

23,566

(a) FutureFuel Corp

92,614

1,153,847

(a) Gevo, Inc

2,700,002

73,946

Golar LNG Ltd

3,035,483

191,994

(a) Granite Ridge Resources, Inc

1,013,728

35,517

(a) Green Plains, Inc

365,115

9,172

(a) Gulfport Energy Operating Corp

1,706,084

713,482

Halliburton Co

19,149,857

201,984

(a) Helix Energy Solutions Group, Inc

1,357,333

78,305

(a) Helmerich & Payne, Inc

2,056,289

133,178

HF Sinclair Corp

6,871,985

23,983

(a) Innovex International, Inc

481,339

42,867

(a) International Seaways, Inc

2,196,076

1,668,637

Kinder Morgan, Inc

43,701,603

21,638

(a) Kinetik Holdings, Inc

833,279

44,209

(a) Kodiak Gas Services, Inc

1,630,428

683,242

(a) Kosmos Energy Ltd

1,072,690

186,435

Liberty Energy, Inc

3,376,338

7,384

(a) Lightbridge Corp

198,113

128,450

Magnolia Oil & Gas Corp

2,884,987

260,376

Marathon Petroleum Corp

50,749,886

84,517

Matador Resources Co

3,335,041

144,729

Murphy Oil Corp

4,095,831

10,562

(a),(b)

Nabors Industries Ltd

512,468

6,549

(a) Nacco Industries, Inc (Class A)

276,892

103,512

(a),(b)

NextDecade Corp

613,826

104,120

Noble Corp plc

3,055,922

168,162

(a) Nordic American Tankers Ltd

618,836

77,394

Northern Oil and Gas, Inc

1,712,729

280,439

NOV, Inc

4,094,409

596,014

(a) Occidental Petroleum Corp

24,555,777

82,766

(a) Oceaneering International, Inc

1,927,620

127,953

(a) Oil States International, Inc

763,879

527,031

ONEOK, Inc

35,311,077

218,815

Ovintiv, Inc

8,207,751

42,318

(a) Par Pacific Holdings, Inc

1,691,874

273,456

(a) Patterson-UTI Energy, Inc

1,714,569

96,438

PBF Energy, Inc

3,295,286

132,200

Peabody Energy Corp

3,624,924

600,884

Permian Resources Corp

7,547,103

344,496

Phillips 66

46,899,685

19,704

(a) ProFrac Holding Corp

107,781

145,202

(a) ProPetro Holding Corp

1,507,197

209,680

Range Resources Corp

7,454,124

38,949

(a) Ranger Energy Services, Inc

535,159

24,264

(a) Rex American Resources Corp

777,176

9,029

(a) Riley Exploration Permian, Inc

234,935

255,004

(a) RPC, Inc

1,326,021

47,327

(a),(b)

Sable Offshore Corp

495,040

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

ENERGY

(continued)

18,387

(a) SandRidge Energy, Inc

$

218,989

1,233,282

Schlumberger Ltd

44,472,149

37,115

Scorpio Tankers, Inc

2,289,996

37,559

(a) SEACOR Marine Holdings, Inc

238,875

60,397

(a) Seadrill Ltd

1,906,129

50,298

Select Water Solutions, Inc

581,445

169,282

(a),(b)

SFL Corp Ltd

1,262,844

96,934

SM Energy Co

2,024,951

21,978

(a) Solaris Oilfield Infrastructure, Inc

1,169,889

102,784

(a) Talos Energy, Inc

1,008,311

180,322

Targa Resources Corp

27,776,801

333,914

TechnipFMC plc

13,807,344

110,431

(a) Teekay Corp Ltd

1,062,346

24,988

(a) Teekay Tankers Ltd

1,524,268

89,720

(a) Tetra Technologies, Inc

633,423

15,428

Texas Pacific Land Corp

14,554,467

38,631

(a) Tidewater, Inc

1,954,342

639,998

(a) Transocean Ltd

2,457,592

351,294

(a) Uranium Energy Corp

5,315,078

156,657

(a) Vaalco Energy, Inc

615,662

62,702

(a) Valaris Ltd

3,518,836

263,864

Valero Energy Corp

44,740,780

149,993

(a) Viper Energy, Inc

5,633,737

(a) Vital Energy, Inc

4,572

19,327

(a),(b)

Vitesse Energy, Inc

420,362

105,827

(a),(b)

W&T Offshore, Inc

222,237

60,923

Weatherford International plc

4,489,416

5,195

(a) Western Midstream Partners LP

194,657

1,028,758

Williams Cos, Inc

59,534,225

50,146

World Fuel Services Corp

1,296,274

TOTAL ENERGY

1,630,166,020

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 2.0%

67,908

Acadia Realty Trust

1,295,006

91,170

Agree Realty Corp

6,656,322

57,396

(a) Alexander & Baldwin, Inc

916,614

2,341

(a) Alexander's, Inc

517,197

146,220

Alexandria Real Estate Equities, Inc

8,512,928

24,923

(a) Alpine Income Property Trust, Inc

365,870

42,194

(a) American Assets Trust, Inc

806,327

115,327

American Healthcare REIT, Inc

5,226,620

292,626

American Homes 4 Rent

9,246,982

397,312

American Tower Corp

71,110,902

229,759

Americold Realty Trust, Inc

2,961,593

228,578

(a) Apartment Investment and Management Co

1,216,035

127,492

Apple Hospitality REIT, Inc

1,426,635

51,087

Armada Hoffler Properties, Inc

334,109

123,442

AvalonBay Communities, Inc

21,469,033

139,598

Boston Properties, Inc

9,937,982

32,707

(a) Braemar Hotels & Resorts, Inc

83,403

139,261

Brandywine Realty Trust

477,665

242,399

Brixmor Property Group, Inc

6,341,158

190,769

Broadstone Net Lease, Inc

3,418,580

15,761

(a) BRT Apartments Corp

231,844

92,462

Camden Property Trust

9,198,120

174,947

CareTrust REIT, Inc

6,061,914

20,606

CBL & Associates Properties, Inc

609,319

21,625

Centerspace

1,281,281

43,190

Chatham Lodging Trust

276,416

45,741

(a) City Office REIT, Inc

315,613

21,137

Community Healthcare Trust, Inc

309,868

100,984

Corporate Office Properties Trust

2,844,719

115,041

Cousins Properties, Inc

2,983,013

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

(continued)

352,680

Crown Castle, Inc

$

31,818,790

21,615

(a) CTO Realty Growth, Inc

360,538

197,821

CubeSmart

7,451,917

75,814

Curbline Properties Corp

1,748,271

157,600

DiamondRock Hospitality Co

1,232,432

285,284

Digital Realty Trust, Inc

48,615,246

246,911

(a) Diversified Healthcare Trust

1,051,841

181,095

Douglas Emmett, Inc

2,343,369

39,049

(a) Easterly Government Properties, Inc

844,239

40,446

EastGroup Properties, Inc

7,059,040

106,758

Empire State Realty Trust, Inc

788,942

59,303

EPR Properties

2,907,033

83,211

Equinix, Inc

70,397,338

155,258

Equity Lifestyle Properties, Inc

9,478,501

325,948

Equity Residential

19,374,349

150,862

Essential Properties Realty Trust, Inc

4,507,757

52,849

Essex Property Trust, Inc

13,305,793

179,504

Extra Space Storage, Inc

23,970,964

21,102

(a) Farmland Partners, Inc

211,653

73,495

Federal Realty Investment Trust

7,069,484

103,143

First Industrial Realty Trust, Inc

5,701,745

94,814

Four Corners Property Trust, Inc

2,241,403

213,103

Gaming and Leisure Properties, Inc

9,517,180

28,059

Getty Realty Corp

769,658

37,072

(a) Gladstone Commercial Corp

423,733

22,586

(a) Gladstone Land Corp

204,629

10,904

(a) Global Medical REIT, Inc

334,753

178,326

(a) Global Net Lease, Inc

1,358,844

229,444

Healthcare Realty Trust, Inc

4,065,748

540,041

Healthpeak Properties, Inc

9,693,736

104,113

Highwoods Properties, Inc

2,980,755

606,824

Host Hotels & Resorts Inc

9,721,320

171,592

Hudson Pacific Properties, Inc

418,684

160,640

Independence Realty Trust, Inc

2,558,995

28,462

(a) Innovative Industrial Properties, Inc

1,427,369

51,970

InvenTrust Properties Corp

1,423,978

487,306

Invitation Homes, Inc

13,717,664

246,451

Iron Mountain, Inc

25,372,130

90,901

JBG SMITH Properties

1,771,660

85,729

Kilroy Realty Corp

3,622,050

582,732

Kimco Realty Corp

12,039,243

166,378

Kite Realty Group Trust

3,683,609

76,767

Lamar Advertising Co

9,103,799

293,064

Lexington Realty Trust

2,781,177

60,707

Lineage, Inc

2,391,856

44,252

(a) LTC Properties, Inc

1,552,360

209,540

Macerich Co

3,593,611

75,492

Mack-Cali Realty Corp

1,084,065

415,927

(a) Medical Properties Trust, Inc

2,150,343

104,198

Mid-America Apartment Communities, Inc

13,361,310

106,012

(a) Millrose Properties, Inc

3,414,647

34,339

(a) National Health Investors, Inc

2,558,599

152,857

National Retail Properties, Inc

6,184,594

42,722

National Storage Affiliates Trust

1,242,783

12,391

(a) NET Lease Office Properties

363,676

79,116

NETSTREIT Corp

1,473,140

41,930

(a) NexPoint Diversified Real Estate Trust

133,337

17,985

NexPoint Residential Trust, Inc

551,600

244,476

Omega Healthcare Investors, Inc

10,275,326

17,267

(a) One Liberty Properties, Inc

346,894

131,991

(a) Outfront Media, Inc

2,334,921

124,853

(a) Paramount Group, Inc

816,539

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

(continued)

161,681

Park Hotels & Resorts, Inc

$

1,663,697

23,540

(a) Peakstone Realty Trust

318,025

101,003

Pebblebrook Hotel Trust

1,056,491

114,921

Phillips Edison & Co, Inc

3,888,927

115,722

Piedmont Office Realty Trust, Inc

932,719

22,498

Plymouth Industrial REIT, Inc

494,956

15,321

Postal Realty Trust, Inc

226,904

64,590

PotlatchDeltic Corp

2,583,600

787,557

Prologis, Inc

97,727,948

136,205

Public Storage, Inc

37,941,265

163,032

(a) Rayonier, Inc

3,598,116

756,624

Realty Income Corp

43,869,060

158,447

Regency Centers Corp

10,924,921

186,446

Rexford Industrial Realty, Inc

7,703,949

206,936

RLJ Lodging Trust

1,407,165

52,448

Ryman Hospitality Properties, Inc

4,558,256

210,350

Sabra Health Care REIT, Inc

3,748,437

51,477

(a) Safehold, Inc

742,813

9,694

(a) Saul Centers, Inc

287,039

83,406

SBA Communications Corp

15,970,581

150,290

Service Properties Trust

321,621

31,248

Sila Realty Trust, Inc

740,578

277,851

Simon Property Group, Inc

48,835,092

37,907

SITE Centers Corp

277,858

58,669

SL Green Realty Corp

3,012,653

8,325

(a) Smartstop Self Storage REIT, Inc

285,964

133,255

STAG Industrial, Inc

5,099,669

93,397

Summit Hotel Properties, Inc

480,061

101,035

Sun Communities, Inc

12,791,031

159,255

Sunstone Hotel Investors, Inc

1,409,407

104,878

Tanger Factory Outlet Centers, Inc

3,414,828

82,128

Terreno Realty Corp

4,691,973

285,558

UDR, Inc

9,620,449

37,174

UMH Properties, Inc

540,510

10,070

(a) Universal Health Realty Income Trust

384,875

83,482

Urban Edge Properties

1,605,359

382,430

Ventas, Inc

28,219,510

907,926

VICI Properties, Inc

27,228,701

163,610

Vornado Realty Trust

6,207,363

137,487

Washington REIT

2,261,661

568,532

(c) Welltower, Inc

102,927,033

607,992

Weyerhaeuser Co

13,983,816

31,390

(a) Whitestone REIT

393,631

183,081

(c) WP Carey, Inc

12,083,346

92,154

Xenia Hotels & Resorts, Inc

1,133,494

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

1,137,329,380

FINANCIAL SERVICES - 7.6%

26,889

Affiliated Managers Group, Inc

6,398,506

227,470

(a) Affirm Holdings, Inc

16,350,544

829,772

AGNC Investment Corp

8,297,720

11,267

(a) Alerus Financial Corp

237,959

211,801

Ally Financial, Inc

8,253,885

462,122

American Express Co

166,701,269

79,809

Ameriprise Financial, Inc

36,135,121

542,798

Annaly Capital Management, Inc

11,491,034

43,756

Apollo Commercial Real Estate Finance, Inc

428,371

347,228

Apollo Global Management, Inc

43,163,913

138,147

(a) Arbor Realty Trust, Inc

1,393,903

26,410

(a) Ares Commercial Real Estate Corp

117,789

158,584

(a) Ares Management Corp

23,583,027

28,935

(a) ARMOUR Residential REIT, Inc

469,326

55,250

(a) Artisan Partners Asset Management, Inc

2,412,215

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

FINANCIAL SERVICES

(continued)

3,795

(a) Atlanticus Holdings Corp

$

209,142

8,476

(a) Bakkt Holdings, Inc

234,531

25,565

(a) Banco Latinoamericano de Exportaciones S.A. (Class E)

1,099,551

598,683

Bank of New York Mellon Corp

64,615,856

1,557,848

(a) Berkshire Hathaway, Inc

743,934,734

275,709

BGC Group, Inc

2,519,980

128,590

BlackRock, Inc

139,238,538

132,203

Blackstone Mortgage Trust, Inc

2,443,111

622,106

Blackstone, Inc

91,225,624

463,714

(a) Block, Inc

35,214,441

476,604

(a),(b)

Blue Owl Capital, Inc

7,516,045

36,876

Bread Financial Holdings, Inc

2,310,281

33,250

(a) Brightsphere Investment Group, Inc

1,599,325

72,747

(a) BrightSpire Capital, Inc

375,374

322,996

(a) Brookfield Asset Management Ltd

17,461,164

148,330

(a) Burford Capital Ltd

1,475,883

64,986

(a) Cannae Holdings, Inc

1,161,950

42,561

(a) Cantaloupe, Inc

449,444

532,543

Capital One Financial Corp

117,154,135

206,788

(a) Carlyle Group, Inc

11,025,936

10,688

Cass Information Systems, Inc

422,497

87,360

Cboe Global Markets, Inc

21,459,110

1,444,742

Charles Schwab Corp

136,557,014

96,369

(a) Chimera Investment Corp

1,229,668

71,387

(a) Claros Mortgage Trust, Inc

228,438

305,426

CME Group, Inc

81,087,549

22,619

(a) Cohen & Steers, Inc

1,545,330

177,962

(a) Coinbase Global, Inc

61,179,776

46,488

(a) Compass Diversified Trust

296,593

231,750

Corebridge Financial, Inc

7,545,780

57,972

(a) Corpay, Inc

15,093,010

5,387

(a),(b)

Credit Acceptance Corp

2,409,821

7,154

(a) Dave, Inc

1,712,095

2,620

(a) Diamond Hill Investment Group, Inc

336,277

114,921

DigitalBridge Group, Inc

1,359,515

21,354

(a) Donnelley Financial Solutions, Inc

981,216

103,388

(a) Dynex Capital, Inc

1,368,857

66,167

(a) Ellington Financial, Inc

881,344

33,565

(a) Enact Holdings, Inc

1,198,942

19,960

(a) Encore Capital Group, Inc

829,937

28,542

(a) Enova International, Inc

3,412,767

256,762

Equitable Holdings, Inc

12,684,043

90,053

Essent Group Ltd

5,454,510

39,548

(a) Euronet Worldwide, Inc

3,000,111

31,406

Evercore Partners, Inc (Class A)

9,250,951

75,626

(a) EVERTEC, Inc

2,153,072

33,949

Factset Research Systems, Inc

9,057,593

8,178

(a) Federal Agricultural Mortgage Corp

1,297,358

440,808

Fidelity National Information Services, Inc

27,559,316

29,291

FirstCash Holdings, Inc

4,642,623

457,178

(a) Fiserv, Inc

30,489,201

80,416

(a) Flywire Corp

1,071,141

12,820

(a),(b)

Forge Global Holdings, Inc

281,271

64,711

(a) Franklin BSP Realty Trust, Inc

656,170

259,566

Franklin Resources, Inc

5,868,787

13,745

(a) Freedom Holding Corp

2,112,057

23,662

(a) GCM Grosvenor, Inc

272,350

202,144

(a) Global Payments, Inc

15,718,717

253,032

Goldman Sachs Group, Inc

199,735,870

39,301

(a) Green Dot Corp

456,285

32,522

(a) Hamilton Lane, Inc

3,706,207

114,439

Hannon Armstrong Sustainable Infrastructure Capital, Inc

3,171,105

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

FINANCIAL SERVICES

(continued)

41,860

(a) Houlihan Lokey, Inc

$

7,496,289

357,440

Interactive Brokers Group, Inc (Class A)

25,149,478

482,417

Intercontinental Exchange, Inc

70,572,783

23,706

(a) International Money Express, Inc

352,982

323,852

Invesco Ltd

7,675,292

31,093

(a) Invesco Mortgage Capital, Inc

234,130

63,918

Jack Henry & Associates, Inc

9,519,947

65,488

Jackson Financial, Inc

6,601,845

106,680

Janus Henderson Group plc

4,646,981

130,629

Jefferies Financial Group, Inc

6,901,130

565,621

KKR & Co, Inc

66,929,933

38,895

KKR Real Estate Finance Trust, Inc

316,605

89,739

Ladder Capital Corp

948,541

75,192

Lazard, Inc

3,669,370

91,135

(a) LendingClub Corp

1,584,838

8,934

(a) LendingTree, Inc

571,776

69,216

LPL Financial Holdings, Inc

26,115,889

19,506

Marex Group plc

592,007

31,065

MarketAxess Holdings, Inc

4,972,264

420,596

(a) Marqeta, Inc

1,905,300

687,382

Mastercard, Inc (Class A)

379,427,990

13,914

(a) Merchants Bancorp

433,978

119,851

(a) MFA Financial, Inc

1,077,460

221,969

MGIC Investment Corp

6,086,390

51,317

(a) Moelis & Co

3,249,906

132,509

Moody's Corp

63,644,073

965,536

Morgan Stanley

158,347,904

23,298

Morningstar, Inc

4,946,165

63,432

MSCI, Inc (Class A)

37,332,904

351,527

Nasdaq Stock Market, Inc

30,052,043

89,103

(a) Navient Corp

1,089,730

55,688

(a) NCR Corp ATM

2,054,887

11,253

Nelnet, Inc (Class A)

1,452,200

27,715

(a) NerdWallet, Inc

323,434

74,821

(a) New York Mortgage Trust, Inc

499,056

76,344

(a) NMI Holdings, Inc

2,781,212

159,110

(a) Northern Trust Corp

20,472,684

99,140

OneMain Holdings, Inc

5,868,097

76,300

(a) Open Lending Corp

144,970

38,141

(a) OppFi, Inc

371,875

19,230

(a) Orchid Island Capital, Inc

139,033

37,029

(a) P10, Inc

376,215

169,691

(a) Pagseguro Digital Ltd

1,627,337

32,804

(a),(b)

Patria Investments Ltd

477,954

312,241

(a) Payoneer Global, Inc

1,807,875

809,016

(a) PayPal Holdings, Inc

56,040,538

25,684

(a) Paysafe Ltd

282,781

24,785

PennyMac Financial Services, Inc

3,118,201

78,042

(a) PennyMac Mortgage Investment Trust

939,626

46,923

(a) Perella Weinberg Partners

876,522

13,027

Piper Jaffray Cos

4,159,000

18,416

PJT Partners, Inc

2,967,002

34,184

(a) PRA Group, Inc

468,663

50,105

PROG Holdings, Inc

1,449,538

133,385

Radian Group, Inc

4,527,087

158,156

Raymond James Financial, Inc

25,094,613

47,942

(a) Ready Capital Corp

140,470

89,598

(a) Redwood Trust, Inc

475,765

5,861

(a) Regional Management Corp

230,630

115,576

(a) Remitly Global, Inc

1,853,839

63,890

(a) Repay Holdings Corp

274,088

452,154

(a) Rithm Capital Corp

4,960,129

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

FINANCIAL SERVICES

(continued)

621,562

(a) Robinhood Markets, Inc

$

91,232,870

745,841

(a) Rocket Cos, Inc

12,425,711

257,689

S&P Global, Inc

125,548,658

97,033

SEI Investments Co

7,821,830

9,991

(a) Sezzle, Inc

654,910

57,055

(a),(b)

Shift4 Payments, Inc

3,942,500

173,369

SLM Corp

4,654,958

966,314

(a) SoFi Technologies, Inc

28,680,200

288,641

Starwood Property Trust, Inc

5,247,493

236,762

State Street Corp

27,383,893

59,162

StepStone Group, Inc

3,601,783

86,028

Stifel Financial Corp

10,188,296

240,260

(a) StoneCo Ltd

4,567,343

45,406

(a) StoneX Group, Inc

4,173,720

312,291

Synchrony Financial

23,228,205

191,988

T Rowe Price Group, Inc

19,684,530

369,932

(a) Toast, Inc

13,369,342

46,946

(a) TPG RE Finance Trust, Inc

406,083

112,517

(a) TPG, Inc

6,192,936

103,978

Tradeweb Markets, Inc

10,958,241

59,490

Two Harbors Investment Corp

578,243

72,119

(a),(b)

Upstart Holdings, Inc

3,427,095

73,381

(a) UWM Holdings Corp

413,135

36,833

Victory Capital Holdings, Inc

2,293,591

80,736

Virtu Financial, Inc

2,812,842

5,596

(a) Virtus Investment Partners, Inc

911,141

1,438,912

Visa, Inc (Class A)

490,294,875

82,007

Voya Financial, Inc

6,106,241

33,610

Walker & Dunlop, Inc

2,686,111

19,463

(a) Waterstone Financial, Inc

297,784

73,360

(a) Western Union Co

684,449

29,034

(a) WEX, Inc

4,235,480

100,313

(b) WisdomTree, Inc

1,199,743

3,291

(a) World Acceptance Corp

419,504

332,466

(a) XP, Inc

6,057,530

TOTAL FINANCIAL SERVICES

4,251,556,411

FOOD, BEVERAGE & TOBACCO - 1.9%

1,436,492

Altria Group, Inc

80,989,419

407,410

Archer-Daniels-Midland Co

24,660,527

101,738

(a),(b)

B&G Foods, Inc (Class A)

406,952

9,546

(a) Boston Beer Co, Inc (Class A)

1,975,927

38,869

(a),(b)

BRC, Inc

49,364

38,202

(a) Brown-Forman Corp (Class A)

1,036,038

124,517

(b) Brown-Forman Corp (Class B)

3,390,598

120,286

Bunge Global S.A.

11,379,056

14,278

(a) Calavo Growers, Inc

317,114

33,926

Cal-Maine Foods, Inc

2,978,703

153,922

Campbell Soup Co

4,637,670

120,991

(a) Celsius Holdings, Inc

7,287,288

3,271,906

Coca-Cola Co

225,434,323

48,200

Coca-Cola Consolidated Inc

6,284,316

320,613

ConAgra Brands, Inc

5,511,337

117,145

(a) Constellation Brands, Inc (Class A)

15,390,510

137,434

(a) Darling International, Inc

4,404,760

52,252

Dole plc

665,690

79,172

(a) Flowers Foods, Inc

944,522

34,730

(a) Fresh Del Monte Produce, Inc

1,227,706

37,631

(a) Freshpet, Inc

1,851,822

454,909

(a) General Mills, Inc

21,203,309

68,087

(a) Hain Celestial Group, Inc

78,981

123,431

(a) Hershey Co

20,937,601

206,882

Hormel Foods Corp

4,466,582

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

FOOD, BEVERAGE & TOBACCO

(continued)

56,918

Ingredion, Inc

$

6,568,906

11,507

(a) J&J Snack Foods Corp

974,068

82,697

(a) J.M. Smucker Co

8,563,274

7,322

(a) John B Sanfilippo & Son, Inc

459,675

225,669

Kellogg Co

18,744,067

1,062,737

Keurig Dr Pepper, Inc

28,863,937

678,859

(a) Kraft Heinz Co

16,788,183

126,597

Lamb Weston Holdings, Inc

7,814,833

16,901

Lancaster Colony Corp

2,649,908

25,397

(a),(b)

Limoneira Co

358,860

213,306

McCormick & Co, Inc

13,685,713

12,426

(a) MGP Ingredients, Inc

300,709

27,002

(a) Mission Produce, Inc

311,063

121,758

(a) Molson Coors Brewing Co (Class B)

5,323,260

1,112,183

Mondelez International, Inc

63,906,035

595,416

(a) Monster Beverage Corp

39,791,651

21,109

(a) National Beverage Corp

723,405

1,163,883

PepsiCo, Inc

170,031,667

1,321,906

Philip Morris International, Inc

190,790,693

41,744

(a) Pilgrim's Pride Corp

1,590,446

43,090

(a) Post Holdings, Inc

4,478,344

183,259

Primo Brands Corp

4,026,200

(a) Seaboard Corp

788,575

4,078

(a) Seneca Foods Corp

439,751

74,009

(a) Simply Good Foods Co

1,448,356

75,640

(a) SunOpta, Inc

394,841

45,643

(a) TreeHouse Foods, Inc

830,703

10,372

(a) Turning Point Brands, Inc

932,443

251,699

Tyson Foods, Inc (Class A)

12,939,846

5,040

(a) Universal Corp

255,427

42,921

(a) Utz Brands, Inc

451,958

27,741

(a) Vita Coco Co, Inc

1,142,374

27,103

(a) Vital Farms, Inc

890,334

34,783

(a),(b)

Westrock Coffee Co

153,393

TOTAL FOOD, BEVERAGE & TOBACCO

1,054,923,013

HEALTH CARE EQUIPMENT & SERVICES - 3.6%

1,460,069

Abbott Laboratories

180,493,730

84,411

(a),(b)

Acadia Healthcare Co, Inc

1,814,836

100,756

(a) Accuray, Inc

142,066

55,713

(a) AdaptHealth Corp

500,860

23,591

(a) Addus HomeCare Corp

2,757,552

237,651

(a) agilon health, Inc

189,289

13,730

(a),(b)

AirSculpt Technologies, Inc

142,929

63,016

(a) Align Technology, Inc

8,688,646

92,177

(a) Alignment Healthcare, Inc

1,554,104

80,196

(a) Alphatec Holdings, Inc

1,522,922

155,306

AmerisourceBergen Corp

52,463,920

34,740

(a) AMN Healthcare Services, Inc

684,031

26,981

(a) Angiodynamics, Inc

324,581

31,254

(a) Apollo Medical Holdings, Inc

975,437

32,847

(a) AtriCure, Inc

1,134,864

35,972

(a) Avanos Medical, Inc

399,649

88,380

(a) Aveanna Healthcare Holdings, Inc

799,839

27,811

(a) Axogen, Inc

617,960

460,866

Baxter International, Inc

8,512,195

240,988

Becton Dickinson & Co

43,066,965

82,005

(a),(b)

Bioventus, Inc

537,133

1,236,233

(a) Boston Scientific Corp

124,513,388

84,830

(a) BrightSpring Health Services, Inc

2,803,632

182,415

(a) Brookdale Senior Living, Inc

1,690,987

177,702

(a),(b)

Butterfly Network, Inc

478,018

203,316

Cardinal Health, Inc

38,786,593

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

HEALTH CARE EQUIPMENT & SERVICES

(continued)

15,535

(a) Castle Biosciences, Inc

$

396,143

368,642

(a) Centene Corp

13,038,868

18,098

(a) Ceribell, Inc

206,317

101,278

(a) Certara, Inc

1,177,863

124,755

(a) Cerus Corp

183,390

13,534

Chemed Corp

5,837,214

223,345

Cigna Group

54,587,751

17,214

(a) Claritev Corp

1,120,631

28,049

(a),(b)

ClearPoint Neuro, Inc

651,298

325,687

(a),(b)

Clover Health Investments Corp

1,149,675

68,331

(a) Concentra Group Holdings Parent, Inc

1,361,154

22,557

(a) Conmed Corp

992,508

177,481

(a) Cooper Cos, Inc

12,407,697

22,341

(a) Corvel Corp

1,652,117

36,466

(a) Cross Country Healthcare, Inc

447,073

28,142

(a) CryoLife, Inc

1,276,803

26,756

(a),(b)

CVRx, Inc

272,644

1,059,995

CVS Health Corp

82,838,609

32,073

(a) DaVita, Inc

3,817,328

19,366

(a) Definitive Healthcare Corp

53,644

26,868

(a) Delcath Systems, Inc

264,112

160,327

(a) Dentsply Sirona, Inc

2,021,723

335,844

(a) DexCom, Inc

19,552,838

62,348

(a) DocGo, Inc

67,959

106,732

(a) Doximity, Inc

7,044,312

488,370

(a) Edwards Lifesciences Corp

40,266,107

192,829

Elevance Health, Inc

61,165,359

55,794

Embecta Corp

744,292

89,300

Encompass Health Corp

10,166,805

36,675

(a) Enhabit, Inc

298,168

34,689

(a) Enovis Corp

1,083,684

45,165

Ensign Group, Inc

8,134,217

136,895

(a) Envista Holdings Corp

2,785,813

92,363

(a) Evolent Health, Inc

616,061

15,836

(a) Fulgent Genetics, Inc

355,518

383,510

GE HealthCare Technologies, Inc

28,744,075

16,143

(a) GeneDx Holdings Corp

2,210,138

43,328

(a) Glaukos Corp

3,815,897

93,228

(a) Globus Medical, Inc

5,630,039

100,347

(a) Guardant Health, Inc

9,334,278

41,751

(a) Haemonetics Corp

2,087,968

145,081

HCA, Inc

66,690,834

38,567

(a) Health Catalyst, Inc

124,571

66,364

(a) HealthEquity, Inc

6,276,707

19,996

(a) HealthStream, Inc

491,902

104,474

(a) Henry Schein, Inc

6,602,757

159,566

(a),(b)

Hims & Hers Health, Inc

7,253,870

185,842

(a) Hologic, Inc

13,735,582

103,451

Humana, Inc

28,779,034

21,074

(a) ICU Medical, Inc

2,530,777

68,085

(a) IDEXX Laboratories, Inc

42,860,188

20,735

(a) Innovage Holding Corp

93,100

13,893

(a) Inogen, Inc

114,478

26,630

(a) Inspire Medical Systems, Inc

1,919,490

55,942

(a) Insulet Corp

17,510,405

29,128

(a) Integer Holdings Corp

1,880,795

68,255

(a) Integra LifeSciences Holdings Corp

819,743

302,506

(a) Intuitive Surgical, Inc

161,622,906

12,831

(a) iRadimed Corp

985,549

24,799

(a) iRhythm Technologies, Inc

4,644,853

10,108

(a) Joint Corp

79,752

69,669

Labcorp Holdings, Inc

17,693,139

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

HEALTH CARE EQUIPMENT & SERVICES

(continued)

60,306

(a) Lantheus Holdings, Inc

$

3,479,053

16,045

(a) LeMaitre Vascular, Inc

1,389,657

46,950

(a) LifeMD, Inc

277,475

98,206

(a) LifeStance Health Group, Inc

481,209

48,529

(a) LivaNova plc

2,554,081

39,596

(a) Masimo Corp

5,569,177

106,066

McKesson Corp

86,055,588

1,092,699

Medtronic plc

99,107,799

53,778

(a) Merit Medical Systems, Inc

4,707,726

45,738

(a) Molina Healthcare, Inc

7,000,658

32,656

(a),(b)

Nano-X Imaging Ltd

118,541

9,670

(a) National Healthcare Corp

1,154,985

13,196

(a) National Research Corp

176,299

180,245

(a) Neogen Corp

1,112,112

100,310

(a) NeoGenomics, Inc

980,029

91,637

(a) Novocure Ltd

1,173,870

3,159

(a),(b)

Nutex Health, Inc

388,747

36,495

(a) Omnicell, Inc

1,225,137

299,751

(a) Opko Health, Inc

407,661

12,320

(a) OptimizeRx Corp

252,437

150,265

(a) Option Care Health, Inc

3,911,398

54,102

(a) OraSure Technologies, Inc

148,239

24,415

(a) Orthofix Medical, Inc

376,968

10,294

(a) OrthoPediatrics Corp

173,351

16,335

(a) Outset Medical, Inc

214,315

85,566

(a) Owens & Minor, Inc

339,697

36,067

(a) PACS Group, Inc

435,689

61,546

(a) Pediatrix Medical Group, Inc

1,044,436

31,176

(a) Pennant Group, Inc

770,982

29,053

(a) Penumbra, Inc

6,605,781

34,961

(a) Phreesia, Inc

791,517

69,921

Premier, Inc

1,966,179

113,231

(a) Privia Health Group, Inc

2,751,513

55,062

(a) PROCEPT BioRobotics Corp

1,873,760

57,755

(a) Progyny, Inc

1,080,596

18,481

(a) Pulmonx Corp

36,962

21,810

(a),(b)

Pulse Biosciences, Inc

369,243

96,211

Quest Diagnostics, Inc

16,928,325

46,743

(a) QuidelOrtho Corp

1,261,594

65,204

(a) RadNet, Inc

4,954,852

120,412

(a) Resmed, Inc

29,727,315

24,262

(a) RxSight, Inc

213,263

46,518

(a) Schrodinger, Inc

978,739

84,676

(a) Select Medical Holdings Corp

1,171,069

15,510

(a),(b)

Semler Scientific, Inc

410,395

23,620

(a) SI-BONE, Inc

350,285

17,254

(a),(b)

Simulations Plus, Inc

296,424

121,718

(a) Solventum Corp

8,403,411

48,121

(a) STAAR Surgical Co

1,244,890

83,779

STERIS plc

19,746,710

289,840

Stryker Corp

103,252,602

61,036

(a) Surgery Partners, Inc

1,338,519

12,089

(a) SurModics, Inc

331,662

16,050

(a) Tactile Systems Technology, Inc

241,874

106,289

(a) Talkspace, Inc

343,313

50,673

(a) Tandem Diabetes Care, Inc

709,422

124,576

(a) Teladoc Health, Inc

1,075,091

40,335

(a) Teleflex, Inc

5,020,497

73,850

(a) Tenet Healthcare Corp

15,249,287

28,749

(a) TransMedics Group, Inc

3,781,643

39,187

(a) Treace Medical Concepts, Inc

250,405

7,098

(a) UFP Technologies, Inc

1,367,359

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

HEALTH CARE EQUIPMENT & SERVICES

(continued)

771,409

UnitedHealth Group, Inc

$

263,482,458

50,337

(a) Universal Health Services, Inc (Class B)

10,923,632

10,256

(a) US Physical Therapy, Inc

884,785

1,493

(a) Utah Medical Products, Inc

86,743

27,524

(a) Varex Imaging Corp

321,756

123,268

(a) Veeva Systems, Inc

35,895,642

43,337

(a) Viemed Healthcare, Inc

279,957

72,307

(a) Waystar Holding Corp

2,592,206

173,242

Zimmer Biomet Holdings, Inc

17,421,216

TOTAL HEALTH CARE EQUIPMENT & SERVICES

2,039,204,856

HOUSEHOLD & PERSONAL PRODUCTS - 0.9%

103,971

(a) BellRing Brands, Inc

3,132,646

8,367

(a) Central Garden & Pet Co

256,616

40,499

(a) Central Garden and Pet Co (Class A)

1,126,277

194,020

Church & Dwight Co, Inc

17,013,614

97,459

Clorox Co

10,960,239

674,767

Colgate-Palmolive Co

51,990,797

361,993

(a) Coty, Inc

1,437,112

41,696

(a) Edgewell Personal Care Co

808,485

47,155

(a) elf Beauty, Inc

5,759,512

55,449

Energizer Holdings, Inc

1,288,080

203,943

Estee Lauder Cos (Class A)

19,719,249

79,731

(a) Herbalife Ltd

637,848

128,987

(a) Honest Co, Inc

439,846

13,468

(a) Inter Parfums, Inc

1,200,672

1,602,756

Kenvue, Inc

23,031,604

280,806

Kimberly-Clark Corp

33,615,286

8,543

(a),(b)

Medifast, Inc

102,687

9,397

(a) Nature's Sunshine Products, Inc

126,672

89,497

(a) Nu Skin Enterprises, Inc (Class A)

959,408

22,666

(a) Oil-Dri Corp of America

1,255,470

96,295

(a),(b)

Olaplex Holdings, Inc

100,147

1,980,173

Procter & Gamble Co

297,758,614

68,223

(a) Reynolds Consumer Products, Inc

1,667,370

32,523

(a) Spectrum Brands Holdings, Inc

1,752,339

9,434

(a) USANA Health Sciences, Inc

199,529

10,397

WD-40 Co

2,019,929

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

478,360,048

INSURANCE - 1.8%

416,613

Aflac, Inc

44,656,747

222,474

Allstate Corp

42,608,221

53,101

(a) AMBAC Financial Group, Inc

435,959

54,549

American Financial Group, Inc

7,183,012

481,080

American International Group, Inc

37,986,077

14,885

(a) Amerisafe, Inc

596,591

177,299

Aon plc

60,402,223

312,147

Arch Capital Group Ltd

26,941,408

43,360

Assurant, Inc

9,180,179

36,927

(a) Assured Guaranty Ltd

2,975,578

67,191

Axis Capital Holdings Ltd

6,293,109

49,815

(a) Brighthouse Financial, Inc

2,842,942

240,466

(a) Brown & Brown, Inc

19,174,759

68,812

(a) BRP Group, Inc

1,520,745

311,462

Chubb Ltd

86,256,286

129,513

(a) Cincinnati Financial Corp

20,021,415

24,499

(b) CNA Financial Corp

1,091,430

96,172

(a) CNO Financial Group, Inc

3,848,803

545

Crawford & Co

5,902

20,967

(a) Employers Holdings, Inc

799,472

33,213

Everest Re Group Ltd

10,446,153

15,656

(a) F&G Annuities & Life, Inc

464,200

46,770

(a) Fidelis Insurance Holdings Ltd

840,925

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

INSURANCE

(continued)

231,983

Fidelity National Financial, Inc

$

12,814,741

74,231

First American Financial Corp

4,640,180

213,955

Gallagher (Arthur J.) & Co

53,379,633

303,055

(a) Genworth Financial, Inc (Class A)

2,557,784

76,015

(a) Globe Life, Inc

9,996,733

25,818

(a) Goosehead Insurance, Inc

1,772,922

24,981

(a) Greenlight Capital Re Ltd (Class A)

302,770

51,239

(a) Hamilton Insurance Group Ltd

1,212,827

29,706

Hanover Insurance Group, Inc

5,076,161

235,641

Hartford Financial Services Group, Inc

29,261,899

4,312

(a) HCI Group, Inc

879,691

28,374

(a) Heritage Insurance Holdings, Inc

670,478

17,082

(a) Hippo Holdings, Inc

628,276

34,149

(a) Horace Mann Educators Corp

1,526,802

738

(a) Investors Title Co

190,839

36,673

(a) James River Group Holdings Ltd

187,032

68,646

Kemper Corp

3,088,384

18,754

Kinsale Capital Group, Inc

7,491,660

44,494

(a),(b)

Lemonade, Inc

2,673,200

146,332

Lincoln National Corp

6,145,944

138,684

(a) Loews Corp

13,807,379

10,965

(a) Markel Corp

21,650,721

416,724

Marsh & McLennan Cos, Inc

74,239,381

53,327

(a) MBIA, Inc

364,223

21,627

(a) Mercury General Corp

1,671,767

470,454

Metlife, Inc

37,551,638

5,548

(a) NI Holdings, Inc

73,234

205,791

Old Republic International Corp

8,120,513

164,876

(a),(b)

Oscar Health, Inc

2,967,768

27,341

(a) Palomar Holdings, Inc

3,117,147

27,704

Primerica, Inc

7,199,439

185,075

Principal Financial Group

15,553,703

42,244

(a) ProAssurance Corp

1,011,744

490,245

Progressive Corp

100,990,470

290,079

Prudential Financial, Inc

30,168,216

55,922

Reinsurance Group of America, Inc (Class A)

10,203,528

37,369

RenaissanceRe Holdings Ltd

9,495,089

70,893

RLI Corp

4,179,851

7,371

(a),(b)

Root, Inc

593,513

90,067

(b) Ryan Specialty Holdings, Inc

4,935,672

12,520

(a) Safety Insurance Group, Inc

860,500

56,689

Selective Insurance Group, Inc

4,270,949

111,945

(a) Selectquote, Inc

232,846

86,670

(a) SiriusPoint Ltd

1,577,394

47,055

(a) Skyward Specialty Insurance Group, Inc

2,145,237

19,531

Stewart Information Services Corp

1,333,381

13,676

(a) Tiptree, Inc

242,202

192,451

Travelers Cos, Inc

51,696,188

36,812

(a) Trupanion, Inc

1,472,112

12,454

(a) United Fire Group, Inc

376,484

30,345

(a) United Insurance Holdings Corp

359,285

21,860

(a) Universal Insurance Holdings, Inc

673,725

150,445

Unum Group

11,045,672

241,322

W.R. Berkley Corp

17,215,912

2,176

White Mountains Insurance Group Ltd

4,144,323

84,633

Willis Towers Watson plc

26,498,592

TOTAL INSURANCE

1,003,109,890

MATERIALS - 2.0%

20,558

(a) AdvanSix, Inc

382,173

186,640

Air Products & Chemicals, Inc

45,276,998

101,519

(a) Albemarle Corp

9,972,211

215,932

(a) Alcoa Corp

7,944,138

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

MATERIALS

(continued)

9,873

(a) Alpha Metallurgical Resources, Inc

$

1,710,596

1,930,580

Amcor plc

15,251,582

21,560

(a) American Vanguard Corp

96,373

429,044

(a) AngloGold Ashanti PLC

29,174,992

58,735

Aptargroup, Inc

6,813,847

126,036

(a) Ardagh Metal Packaging S.A.

449,949

42,481

(a) Ashland, Inc

2,077,321

62,712

(a),(b)

ASP Isotopes, Inc

635,273

46,496

(a) Aspen Aerogels, Inc

378,477

69,345

Avery Dennison Corp

12,127,747

70,844

Avient Corp

2,271,967

172,888

(a) Axalta Coating Systems Ltd

4,922,121

32,189

(a) Balchem Corp

4,937,471

218,229

Ball Corp

10,256,763

47,966

Cabot Corp

3,236,746

29,630

(a) Caledonia Mining Corp plc

833,196

89,864

(a) Celanese Corp (Series A)

3,454,372

44,567

(a) Century Aluminum Co

1,320,075

130,907

CF Industries Holdings, Inc

10,903,244

147,927

Chemours Co

1,980,743

12,528

(a) Clearwater Paper Corp

221,119

432,505

(a) Cleveland-Cliffs, Inc

5,376,037

485,196

(a) Coeur Mining, Inc

8,330,815

92,973

Commercial Metals Co

5,518,877

26,808

Compass Minerals International, Inc

464,851

125,008

(a) Constellium SE

1,966,376

584,031

Corteva, Inc

35,882,865

568,926

CRH plc

67,759,087

95,240

Crown Holdings, Inc

9,255,423

132,891

(a) Dakota Gold Corp

542,195

619,413

Dow, Inc

14,773,000

349,156

DuPont de Nemours, Inc

28,508,587

30,583

(a) Eagle Materials, Inc

6,493,383

100,895

Eastman Chemical Co

6,005,270

209,282

Ecolab, Inc

53,659,905

155,720

(a) Ecovyst, Inc

1,275,347

181,420

Element Solutions, Inc

4,847,542

109,761

FMC Corp

1,665,074

1,223,391

Freeport-McMoRan, Inc (Class B)

51,015,405

278,912

Graphic Packaging Holding Co

4,459,803

20,180

(a) Greif, Inc (Class A)

1,148,040

5,616

(a) Greif, Inc (Class B)

331,063

46,815

H.B. Fuller Co

2,685,777

14,458

(a) Hawkins, Inc

2,050,867

557,591

Hecla Mining Co

7,176,196

128,609

(a) Huntsman Corp

1,064,883

29,963

(a) Ingevity Corp

1,609,612

19,888

Innospec, Inc

1,463,359

215,328

International Flavors & Fragrances, Inc

13,559,204

441,785

International Paper Co

17,070,572

7,140

(a) Intrepid Potash, Inc

190,138

37,532

(a) Ivanhoe Electric, Inc

555,098

136,775

(a) James Hardie Industries plc

2,862,701

11,630

(a) Kaiser Aluminum Corp

1,052,864

49,319

(a) Knife River Corp

2,981,827

14,468

Koppers Holdings, Inc

408,287

29,170

(a) Kronos Worldwide, Inc

143,516

397,050

Linde plc

166,086,015

53,366

Louisiana-Pacific Corp

4,648,712

91,950

(a) LSB Industries, Inc

775,139

205,096

LyondellBasell Industries NV

9,520,556

51,702

Martin Marietta Materials, Inc

31,698,496

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

MATERIALS

(continued)

17,661

Materion Corp

$

2,024,480

28,271

Minerals Technologies, Inc

1,604,379

284,815

Mosaic Co

7,818,172

100,937

(a),(b)

MP Materials Corp

6,368,115

25,893

Myers Industries, Inc

448,726

5,939

NewMarket Corp

4,560,558

930,960

Newmont Goldcorp Corp

75,379,831

175,621

(a) Novagold Resources, Inc

1,455,898

193,934

Nucor Corp

29,099,797

123,701

(a) O-I Glass, Inc

1,396,584

111,865

Olin Corp

2,315,606

12,612

Olympic Steel, Inc

466,644

41,831

(a) Orion S.A.

221,704

77,529

Packaging Corp of America

15,177,077

94,769

(a) Perimeter Solutions, Inc

2,228,019

36,829

(a) Perpetua Resources Corp

885,001

199,043

PPG Industries, Inc

19,456,453

98,667

(a),(b)

PureCycle Technologies, Inc

1,142,564

10,040

Quaker Chemical Corp

1,394,456

18,601

(a) Ramaco Resources, Inc

564,726

26,216

(a) Ranpak Holdings Corp

138,945

45,189

(a) Rayonier Advanced Materials, Inc

314,064

42,188

Reliance Steel & Aluminum Co

11,915,157

69,181

Royal Gold, Inc

12,092,147

112,869

RPM International, Inc

12,334,324

19,086

(a) Ryerson Holding Corp

421,037

43,911

(a) Schweitzer-Mauduit International, Inc

468,969

33,395

Scotts Miracle-Gro Co (Class A)

1,787,300

97,268

Sealed Air Corp

3,259,451

35,459

Sensient Technologies Corp

3,343,429

197,612

Sherwin-Williams Co

68,164,283

84,315

(b) Silgan Holdings, Inc

3,256,245

452,029

Smurfit WestRock plc

16,688,911

134,408

(a) Solstice Advanced Materials, Inc

6,057,769

81,102

Sonoco Products Co

3,290,308

75,712

Southern Copper Corp

10,508,826

135,267

(a) SSR Mining, Inc

3,051,624

118,144

Steel Dynamics, Inc

18,524,979

25,522

Stepan Co

1,106,379

62,507

(a) SunCoke Energy, Inc

500,681

27,538

(a) Sylvamo Corp

1,118,043

33,322

(a) TimkenSteel Corp

586,134

19,788

(a) Tredegar Corp

136,735

32,674

(a) Trimas Corp

1,160,907

222,461

Tronox Holdings plc

778,614

4,035

(a) United States Lime & Minerals, Inc

472,983

55,079

(a),(b)

US Antimony Corp

444,488

6,593

(a) Valhi, Inc

91,445

108,852

Vulcan Materials Co

31,512,654

50,615

(a) Warrior Met Coal, Inc

3,433,722

24,539

Westlake Chemical Corp

1,688,529

25,062

Worthington Steel, Inc

801,733

TOTAL MATERIALS

1,146,971,863

MEDIA & ENTERTAINMENT - 8.7%

80,989

(a),(b)

Advantage Solutions, Inc

103,666

3,996,572

Alphabet, Inc

1,126,313,921

4,908,225

Alphabet, Inc (Class A)

1,380,143,788

193,081

(a) Altice USA, Inc

430,571

349,438

(a) AMC Entertainment Holdings, Inc

905,044

23,685

(a) AMC Networks, Inc

179,532

30,219

(a) Angi, Inc

401,006

6,134

(a),(b)

Atlanta Braves Holdings, Inc

264,621

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

MEDIA & ENTERTAINMENT

(continued)

36,516

(a) Atlanta Braves Holdings, Inc

$

1,486,932

12,671

(a) Boston Omaha Corp

161,175

116,459

(a) Bumble, Inc

646,347

5,794

(a) Cable One, Inc

860,699

72,900

(a) Cargurus, Inc

2,560,248

50,674

(a) Cars.com, Inc

544,239

73,616

(a) Charter Communications, Inc

17,214,365

82,557

(a) Cinemark Holdings, Inc

2,229,865

3,107,570

Comcast Corp (Class A)

86,499,211

(a),(b)

Daily Journal Corp

184,293

129,394

(a) DoubleVerify Holdings, Inc

1,472,504

102,570

(a) EchoStar Corp (Class A)

7,679,416

213,429

Electronic Arts, Inc

42,698,606

40,007

(a) Entravision Communications Corp (Class A)

82,814

54,751

(a) Eventbrite, Inc

126,475

14,208

(a) EverQuote, Inc

306,040

175,637

Fox Corp (Class A)

11,354,932

116,246

Fox Corp (Class B)

6,789,929

245,139

(a),(b)

fuboTV, Inc

926,625

99,963

(a),(b)

Gannett Co, Inc

529,804

72,633

Gray Television, Inc

331,933

13,682

(a) Grindr, Inc

189,633

57,550

(a) IAC, Inc

1,854,261

21,682

(a),(b)

Ibotta, Inc

699,461

37,647

(a) IMAX Corp

1,223,151

25,095

(a) Integral Ad Science Holding Corp

256,220

340,395

Interpublic Group of Cos, Inc

8,734,536

20,762

John Wiley & Sons, Inc (Class A)

765,495

100,537

(a) Liberty Broadband Corp

5,410,901

18,787

(a) Liberty Broadband Corp (Class A)

1,004,917

18,107

(a) Liberty Media Corp-Liberty Formula One (Class A)

1,647,375

178,317

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

17,804,952

20,078

(a) Liberty Media Corp-Liberty Live (Class A)

1,761,644

42,962

(a) Liberty Media Corp-Liberty Live (Class C)

3,884,194

164,005

(a) Lionsgate Studios Corp

1,054,552

128,929

(a) Live Nation, Inc

19,278,753

35,049

(a) Madison Square Garden Entertainment Corp

1,547,764

14,103

(a) Madison Square Garden Sports Corp

3,023,542

113,812

(a) Magnite, Inc

2,034,959

24,627

Marcus Corp

354,629

224,382

Match Group, Inc

7,256,514

12,782

(a) MediaAlpha, Inc

162,970

1,843,563

Meta Platforms, Inc

1,195,274,071

357,890

(a) Netflix, Inc

400,428,805

153,857

New York Times Co (Class A)

8,768,310

345,909

News Corp (Class A)

9,166,589

95,168

(b) News Corp (Class B)

2,899,769

26,811

(a) Nexstar Media Group, Inc

5,247,717

129,946

(a) Nextdoor Holdings, Inc

253,395

172,073

Omnicom Group, Inc

12,908,916

482,899

(a) Pinterest, Inc

15,983,957

61,226

(a) Playstudios, Inc

56,940

37,469

(a) Playtika Holding Corp

137,511

32,246

(a) PubMatic, Inc

269,577

41,070

(a) QuinStreet, Inc

607,425

98,784

(a) Reddit, Inc

20,640,917

518,071

(a) ROBLOX Corp

58,915,034

112,502

(a) Roku, Inc

11,939,837

61,450

(a),(b)

Rumble, Inc

421,547

22,422

(b) Scholastic Corp

642,839

17,136

(a) Shutterstock, Inc

428,914

37,146

(a) Sinclair, Inc

507,414

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

MEDIA & ENTERTAINMENT

(continued)

169,357

(b) Sirius XM Holdings, Inc

$

3,673,353

19,376

(a),(b)

Sphere Entertainment Co

1,326,868

130,384

(a) Spotify Technology S.A.

85,443,243

46,094

(a) Stagwell, Inc

218,947

10,933

(a) Starz Entertainment Corp

114,906

156,129

(a) Take-Two Interactive Software, Inc

40,026,792

19,150

(a) TechTarget, Inc

105,134

120,593

TEGNA, Inc

2,372,064

19,655

(a) Thryv Holdings, Inc

151,540

54,836

(a) TKO Group Holdings, Inc

10,331,102

117,635

(a) TripAdvisor, Inc

1,889,218

85,679

(a) TrueCar, Inc

188,494

83,114

(a) Trump Media & Technology Group Corp

1,273,722

106,282

(a) Vimeo, Inc

829,000

1,529,139

Walt Disney Co

172,211,634

1,973,396

(a) Warner Bros Discovery, Inc

44,302,740

39,638

(a) WideOpenWest, Inc

203,343

56,188

(a) Yelp, Inc

1,853,080

39,402

(a) Ziff Davis, Inc

1,335,728

61,686

(a) ZipRecruiter, Inc

286,840

267,681

(a) ZoomInfo Technologies, Inc

3,003,381

TOTAL MEDIA & ENTERTAINMENT

4,890,019,637

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 5.7%

83,340

(a) 10X Genomics, Inc

1,136,758

30,824

(a) 4D Molecular Therapeutics, Inc

354,476

1,494,216

AbbVie, Inc

325,798,857

169,725

(a),(b)

Absci Corp

726,423

88,298

(a) Acadia Pharmaceuticals, Inc

2,004,365

118,561

(a) Adaptive Biotechnologies Corp

2,058,219

216,439

(a) ADMA Biologics, Inc

3,350,476

240,012

Agilent Technologies, Inc

35,128,156

42,139

(a) Agios Pharmaceuticals, Inc

1,822,090

209,697

(a) Akebia Therapeutics, Inc

463,430

65,113

(a) Akero Therapeutics, Inc

3,529,125

40,430

(a) Aldeyra Therapeutics, Inc

204,980

42,029

(a) Alector, Inc

61,783

130,128

(a) Alkermes plc

3,994,930

49,804

(a) Allogene Therapeutics, Inc

61,757

103,326

(a) Alnylam Pharmaceuticals, Inc

47,120,789

98,040

(a) Altimmune, Inc

397,062

29,291

(a) Alumis, Inc

139,132

456,033

Amgen, Inc

136,093,928

265,666

(a) Amicus Therapeutics, Inc

2,398,964

177,766

(a) Amneal Pharmaceuticals, Inc

1,923,428

28,740

(a) Amphastar Pharmaceuticals, Inc

732,870

64,499

(a) Amylyx Pharmaceuticals, Inc

898,471

15,332

(a) AnaptysBio, Inc

560,845

45,302

(a),(b)

Anavex Life Sciences Corp

361,057

16,713

(a) ANI Pharmaceuticals, Inc

1,514,198

10,900

(a) Anika Therapeutics, Inc

106,275

117,303

(a) Annexon, Inc

370,677

89,116

(a) Apellis Pharmaceuticals, Inc

1,913,321

37,983

(a) Apogee Therapeutics, Inc

2,149,458

100,801

(a),(b)

Aquestive Therapeutics, Inc

687,463

62,957

(a) Arbutus Biopharma Corp

297,787

35,592

(a) Arcellx, Inc

3,212,178

18,624

(a),(b)

Arcturus Therapeutics Holdings, Inc

185,681

33,215

(a) Arcus Biosciences, Inc

655,000

104,348

(a) Arcutis Biotherapeutics, Inc

2,641,048

185,422

(a) Ardelyx, Inc

1,123,657

15,433

(a),(b)

ArriVent Biopharma, Inc

289,060

112,071

(a) Arrowhead Pharmaceuticals, Inc

4,750,690

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

63,898

(a),(b)

ARS Pharmaceuticals, Inc

$

572,526

53,603

(a) Arvinas, Inc

543,534

40,817

(a) Astria Therapeutics, Inc

515,519

146,157

(a) Atea Pharmaceuticals, Inc

475,010

78,055

(a),(b)

aTyr Pharma, Inc

67,596

21,983

(a),(b)

Aura Biosciences, Inc

134,756

103,661

(a) Aurinia Pharmaceuticals, Inc

1,365,215

74,237

(a) Avadel Pharmaceuticals plc

1,402,337

568,078

(a) Avantor, Inc

6,714,682

69,101

(a),(b)

Avidity Biosciences, Inc

4,826,705

24,845

(a),(b)

Avita Medical, Inc

96,150

34,184

(a) Axsome Therapeutics, Inc

4,614,498

101,726

(a),(b)

Beam Therapeutics, Inc

2,544,167

132,467

(a) BioCryst Pharmaceuticals, Inc

969,658

123,704

(a) Biogen, Inc

19,083,816

61,978

(a) Biohaven Ltd

1,066,022

17,772

(a) BioLife Solutions, Inc

495,306

167,763

(a) BioMarin Pharmaceutical, Inc

8,987,064

18,401

(a) Bio-Rad Laboratories, Inc (Class A)

5,880,040

129,981

Bio-Techne Corp

8,132,911

130,125

(a) Bridgebio Pharma, Inc

8,151,030

1,721,587

Bristol-Myers Squibb Co

79,313,513

56,174

(a) Brooks Automation, Inc

1,696,455

88,086

Bruker BioSciences Corp

3,430,069

39,266

(a),(b)

Candel Therapeutics, Inc

211,251

35,424

(a),(b)

Capricor Therapeutics, Inc

230,610

36,257

(a) CareDx, Inc

543,855

135,472

(a) Catalyst Pharmaceuticals, Inc

2,881,489

18,197

(a) Celcuity, Inc

1,404,081

50,208

(a) Celldex Therapeutics, Inc

1,342,060

60,381

(a) CG oncology, Inc

2,612,686

42,197

(a) Charles River Laboratories International, Inc

7,598,414

62,303

(a),(d)

Chinook Therapeutics, Inc

623

43,543

(a) ChromaDex Corp

328,314

8,551

(a) Cidara Therapeutics, Inc

934,111

179,971

(a) Codexis, Inc

426,531

87,080

(a) Cogent Biosciences, Inc

1,419,404

27,222

(a) Collegium Pharmaceutical, Inc

979,992

119,048

(a),(b)

Compass Therapeutics, Inc

445,240

78,893

(a) Corcept Therapeutics, Inc

5,796,269

72,860

(a),(b)

CorMedix, Inc

810,932

73,540

(a) Crinetics Pharmaceuticals, Inc

3,198,990

66,059

(a),(b)

CRISPR Therapeutics AG.

4,227,115

29,602

(a) CryoPort, Inc

273,522

110,231

(a) Cullinan Oncology, Inc

954,600

93,386

(a) Cytek Biosciences, Inc

364,205

92,031

(a) Cytokinetics, Inc

5,852,251

539,573

Danaher Corp

116,213,233

53,454

(a) Day One Biopharmaceuticals, Inc

397,698

101,941

(a) Denali Therapeutics, Inc

1,659,599

90,410

(a) Design Therapeutics, Inc

605,747

15,369

(a) Disc Medicine, Inc

1,325,115

103,603

(a) Dynavax Technologies Corp

1,062,967

70,121

(a) Dyne Therapeutics, Inc

1,583,332

75,000

(a) Edgewise Therapeutics, Inc

1,371,000

76,006

(a) Editas Medicine, Inc

234,098

406,143

(a) Elanco Animal Health, Inc

8,996,067

676,559

Eli Lilly & Co

583,775,699

38,857

(a) Emergent Biosolutions, Inc

484,935

16,480

(a) Enanta Pharmaceuticals, Inc

180,621

19,880

(a) Enliven Therapeutics, Inc

465,590

20,959

(a) Entrada Therapeutics, Inc

145,665

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

194,484

(a) Erasca, Inc

$

470,651

165,874

(a),(b)

Esperion Thereapeutics, Inc

492,646

25,257

(a),(b)

Eton Pharmaceuticals, Inc

454,879

21,778

(a) Evolus, Inc

140,686

155,554

(a) Exact Sciences Corp

10,062,788

202,227

(a) Exelixis, Inc

7,820,118

23,505

(a),(b)

EyePoint Pharmaceuticals, Inc

307,680

127,905

(a) Fate Therapeutics, Inc

172,672

232,051

(a) Fluidigm Corp

278,461

14,252

(a) Foghorn Therapeutics, Inc

62,851

75,830

(a) Fortrea Holdings, Inc

793,182

56,383

(a) Fulcrum Therapeutics, Inc

493,351

726,282

(a) Geron Corp

915,115

1,054,042

Gilead Sciences, Inc

126,263,691

22,781

(a),(b)

GRAIL, Inc

2,094,257

104,921

(a) Halozyme Therapeutics, Inc

6,839,800

22,623

(a) Harmony Biosciences Holdings, Inc

646,339

21,426

(a),(b)

Harrow Health, Inc

809,260

135,329

(a),(b)

Heron Therapeutics, Inc

156,982

79,316

(a),(b)

Humacyte, Inc

132,458

100,482

(a) Ideaya Biosciences, Inc

3,201,357

136,690

(a) Illumina, Inc

16,886,683

114,982

(a),(b)

ImmunityBio, Inc

275,957

43,493

(a) Immunome, Inc

698,933

37,763

(a),(b)

Immunovant, Inc

931,991

125,680

(a) Incyte Corp

11,748,566

95,370

(a) Indivior plc

2,801,017

5,064

(a) Inhibrx Biosciences, Inc

413,526

20,258

(a),(d)

Inhibrx, Inc

13,117

49,340

(a) Innoviva, Inc

897,988

157,409

(a) Insmed, Inc

29,844,746

86,438

(a) Intellia Therapeutics, Inc

1,090,848

127,693

(a) Ionis Pharmaceuticals, Inc

9,487,590

387,960

(a) Iovance Biotherapeutics, Inc

764,281

142,309

(a) IQVIA Holdings, Inc

30,804,206

676

(a) Jade Biosciences, Inc

6,625

40,917

(a) Janux Therapeutics, Inc

1,174,727

53,458

(a) Jazz Pharmaceuticals plc

7,357,959

2,031,792

Johnson & Johnson

383,744,555

16,585

(a),(b)

KalVista Pharmaceuticals, Inc

180,942

31,056

(a) Keros Therapeutics, Inc

472,672

75,293

(a) Kodiak Sciences, Inc

1,364,686

19,582

(a) Krystal Biotech, Inc

3,867,641

46,117

(a) Kura Oncology, Inc

473,622

35,001

(a) Kymera Therapeutics, Inc

2,164,462

36,605

(a) Larimar Therapeutics, Inc

142,393

16,587

(a),(b)

LENZ Therapeutics, Inc

492,966

10,998

(a) Ligand Pharmaceuticals, Inc (Class B)

2,104,027

61,737

(a) Liquidia Corp

1,503,913

15,515

(a) Madrigal Pharmaceuticals, Inc

6,499,234

20,258

(a) Magenta Therapeutics, Inc

708,625

180,755

(a) MannKind Corp

1,010,420

84,535

(a),(b)

Maravai LifeSciences Holdings, Inc

265,440

68,933

(a) MaxCyte, Inc

106,157

18,278

(a) Medpace Holdings, Inc

10,690,985

76,280

(a),(b)

MeiraGTx Holdings plc

692,622

2,146,949

Merck & Co, Inc

184,594,675

3,546

(a) Mesa Laboratories, Inc

254,922

44,266

(a) Metsera, Inc

2,790,529

17,656

(a) Mettler-Toledo International, Inc

25,006,016

81,129

(a) MiMedx Group, Inc

620,637

62,350

(a),(b)

Mind Medicine MindMed, Inc

885,370

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

20,639

(a) Mineralys Therapeutics, Inc

$

843,310

29,905

(a) Mirum Pharmaceuticals, Inc

2,172,598

301,624

(a) Moderna, Inc

8,192,108

31,239

(a),(b)

Monte Rosa Therapeutics, Inc

401,421

63,827

(a) Myriad Genetics, Inc

513,169

111,274

(a) Natera, Inc

22,135,737

81,125

(a) Neurocrine Biosciences, Inc

11,617,911

8,702

(a) Neurogene, Inc

298,131

34,251

(a) Nkarta, Inc

72,270

116,572

(a),(b)

Novavax, Inc

979,205

49,240

(a) Nurix Therapeutics, Inc

637,166

31,112

(a) Nuvalent, Inc

3,090,044

159,982

(a),(b)

Nuvation Bio, Inc

835,106

151,573

(a) Ocular Therapeutix, Inc

1,767,341

47,004

(a) Olema Pharmaceuticals, Inc

421,626

4,311

(a),(d)

OmniAb Operations, Inc

4,311

(a),(d)

OmniAb Operations, Inc

53,864

(a) OmniAb, Inc

83,489

64,901

(a),(b)

Organogenesis Holdings, Inc

275,829

219,648

Organon & Co

1,482,624

61,634

(a) ORIC Pharmaceuticals, Inc

811,103

32,703

(a) Pacira BioSciences, Inc

699,190

107,305

PerkinElmer, Inc

10,042,675

72,241

(a) Perrigo Co plc

1,498,278

243,507

(a),(b)

Personalis, Inc

2,347,407

432,337

(a),(b)

Perspective Therapeutics, Inc

1,180,280

4,812,811

Pfizer, Inc

118,635,791

53,110

(a) Phathom Pharmaceuticals, Inc

719,641

15,122

Phibro Animal Health Corp

636,031

14,495

(a) Praxis Precision Medicines, Inc

2,881,026

293,619

(a) Precigen, Inc

1,215,583

38,952

(a) Prestige Consumer Healthcare, Inc.

2,360,491

121,905

(a) Prime Medicine, Inc

602,211

46,443

(a) Protagonist Therapeutics, Inc

3,651,349

31,004

(a) Prothena Corp plc

333,293

49,447

(a) PTC Therapeutics, Inc

3,377,725

195,884

(a),(b)

QIAGEN NV

9,177,165

22,482

(a) Quanterix Corp

120,054

223,684

(a) Quantum-Si, Inc

480,921

289,226

(a),(b)

Recursion Pharmaceuticals, Inc

1,596,528

88,097

(a) Regeneron Pharmaceuticals, Inc

57,421,625

27,410

(a) REGENXBIO, Inc

350,026

100,692

(a) Relay Therapeutics, Inc

718,941

50,015

(a) Repligen Corp

7,455,236

162,015

(a) REVOLUTION Medicines, Inc

9,532,963

44,362

(a) Rhythm Pharmaceuticals, Inc

5,046,621

39,794

(a) Rigel Pharmaceuticals, Inc

1,256,695

53,934

(a) Rocket Pharmaceuticals, Inc

203,331

317,271

(a) Roivant Sciences Ltd

6,342,247

337,995

Royalty Pharma plc

12,688,332

102,323

(a) Sana Biotechnology, Inc

506,499

77,287

(a) Sarepta Therapeutics, Inc

1,855,661

82,656

(a) Savara, Inc

343,022

75,236

(a) Scholar Rock Holding Corp

2,228,490

11,020

(a),(b)

Selecta Biosciences, Inc

90,033

847,458

(a),(b)

SELLAS Life Sciences Group, Inc

1,542,374

46,544

(a) SIGA Technologies, Inc

385,384

36,833

(a) Soleno Therapeutics, Inc

2,473,704

308,960

(a) Solid Biosciences, Inc

1,665,294

163,438

(a) Sotera Health Co

2,713,071

28,421

(a),(b)

Spyre Therapeutics, Inc

695,178

42,067

(a) Stoke Therapeutics, Inc

1,263,693

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

100,690

(a),(b)

Summit Therapeutics, Inc

$

1,904,048

34,780

(a) Supernus Pharmaceuticals, Inc

1,917,421

61,495

(a) Syndax Pharmaceuticals, Inc

842,482

45,984

(a),(b)

Tango Therapeutics, Inc

372,930

40,894

(a) Tarsus Pharmaceuticals, Inc

2,813,916

224,793

(a) Taysha Gene Therapies, Inc

1,114,973

71,686

(a),(b)

Tempus AI, Inc

6,440,987

63,815

(a) Terns Pharmaceuticals, Inc

527,112

119,821

(a) TG Therapeutics, Inc

4,167,374

38,181

(a) Theravance Biopharma, Inc

559,733

320,139

Thermo Fisher Scientific, Inc

181,643,667

4,150

(a) Tonix Pharmaceuticals Holding Corp

77,273

77,044

(a) Travere Therapeutics, Inc

2,708,867

62,261

(a) Trevi Therapeutics, Inc

725,963

53,575

(a) Twist Bioscience Corp

1,762,082

15,113

(a),(b)

Tyra Biosciences, Inc

239,390

63,606

(a) Ultragenyx Pharmaceutical, Inc

2,200,768

38,931

(a) United Therapeutics Corp

17,341,035

28,232

(a) Upstream Bio, Inc

729,797

34,218

(a),(b)

UroGen Pharma Ltd

700,442

42,360

(a) Vanda Pharmaceuticals, Inc

184,266

108,155

(a) Vaxcyte, Inc

4,897,258

36,394

(a) Vera Therapeutics, Inc

1,035,773

49,459

(a) Veracyte, Inc

1,784,481

123,767

(a) Verastem, Inc

1,169,598

34,319

(a) Vericel Corp

1,203,224

218,842

(a) Vertex Pharmaceuticals, Inc

93,132,590

993,763

Viatris, Inc

10,295,385

85,347

(a),(b)

Viking Therapeutics, Inc

3,250,014

56,000

(a) Vir Biotechnology, Inc

333,760

69,084

(a) Viridian Therapeutics, Inc

1,632,455

28,592

(a) Voyager Therapeutics, Inc

133,525

49,946

(a) Waters Corp

17,461,122

95,239

(a) WaVe Life Sciences Ltd

860,961

59,831

West Pharmaceutical Services, Inc

16,876,530

42,278

(a) Xencor, Inc

621,909

48,792

(a) Xenon Pharmaceuticals, Inc

2,045,361

159,431

(a) Xeris Biopharma Holdings, Inc

1,546,481

64,413

(a),(b)

Zevra Therapeutics, Inc

655,724

378,348

Zoetis, Inc

54,516,163

47,733

(a) Zymeworks, Inc

910,984

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

3,200,383,006

REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.2%

95,865

(a) Anywhere Real Estate, Inc

963,443

251,795

(a) CBRE Group, Inc

38,381,112

383,110

(a) Compass, Inc

2,953,778

360,879

(a) CoStar Group, Inc

24,832,084

170,824

(a) Cushman & Wakefield plc

2,681,937

52,530

(b) eXp World Holdings, Inc

537,907

23,024

(a) Forestar Group, Inc

598,854

12,216

(a) FRP Holdings, Inc

289,519

32,582

(a) Howard Hughes Holdings, Inc

2,583,101

40,287

(a) Jones Lang LaSalle, Inc

12,291,161

159,327

Kennedy-Wilson Holdings, Inc

1,204,512

20,898

(a) Marcus & Millichap, Inc

610,431

18,239

(a) Maui Land & Pineapple Co, Inc

291,824

137,987

(a) Newmark Group, Inc

2,460,308

22,322

(a) Re/Max Holdings, Inc

177,014

84,085

(a) Real Brokerage, Inc

312,796

11,719

(a) RMR Group, Inc

181,293

3,620

(a) Seaport Entertainment Group, Inc

87,133

37,446

St. Joe Co

2,126,184

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

REAL ESTATE MANAGEMENT & DEVELOPMENT

(continued)

23,298

(a) Tejon Ranch Co

$

368,574

44,172

(a) Zillow Group, Inc (Class A)

3,159,623

136,927

(a) Zillow Group, Inc (Class C)

10,266,787

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

107,359,375

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 13.2%

37,003

(a) ACM Research, Inc

1,534,144

1,354,530

(a) Advanced Micro Devices, Inc

346,922,224

22,266

(a) Aehr Test Systems

578,693

124,153

(a) Allegro MicroSystems, Inc

3,714,658

15,596

(a) Alpha & Omega Semiconductor Ltd

437,624

29,077

(a) Ambarella, Inc

2,478,233

99,807

(a) Amkor Technology, Inc

3,221,770

419,512

Analog Devices, Inc

98,220,345

672,140

Applied Materials, Inc

156,675,834

106,696

(a) Astera Labs, Inc

19,918,009

27,218

(a) Axcelis Technologies, Inc

2,165,464

3,899,429

Broadcom, Inc

1,441,345,941

17,022

(a) Ceva, Inc

463,169

47,822

(a) Cirrus Logic, Inc

6,343,588

44,780

(a) Cohu, Inc

1,065,316

122,566

(a) Credo Technology Group Holding Ltd

22,995,833

41,045

(a) Diodes, Inc

2,190,161

112,336

(a) Enphase Energy, Inc

3,427,371

128,417

Entegris, Inc

11,759,145

82,763

(a) First Solar, Inc

22,092,755

63,486

(a) Formfactor, Inc

3,488,556

94,351

(a),(b)

GLOBALFOUNDRIES, Inc

3,358,896

20,679

(a) Ichor Holdings Ltd

469,000

20,869

(a) Impinj, Inc

4,218,877

120,636

(a) indie Semiconductor, Inc

649,022

3,696,079

Intel Corp

147,806,199

112,452

KLA Corp

135,925,230

47,086

Kulicke & Soffa Industries, Inc

1,880,144

1,084,565

Lam Research Corp

170,775,605

116,584

(a) Lattice Semiconductor Corp

8,505,969

55,186

(a) MACOM Technology Solutions Holdings, Inc

8,174,702

732,031

Marvell Technology, Inc

68,620,586

86,600

(a) MaxLinear, Inc

1,311,990

446,406

Microchip Technology, Inc

27,864,662

940,747

Micron Technology, Inc

210,510,956

53,916

(a) MKS Instruments, Inc

7,748,268

39,412

Monolithic Power Systems, Inc

39,609,060

89,644

(a) Navitas Semiconductor Corp

1,206,608

4,291

(a) NVE Corp

296,294

19,760,605

Nvidia Corp

4,001,324,906

354,254

(a) ON Semiconductor Corp

17,741,040

41,398

(a) Onto Innovation, Inc

5,587,074

36,332

(a) PDF Solutions, Inc

1,058,351

35,747

(a) Penguin Solutions, Inc

796,086

49,870

(a) Photronics, Inc

1,191,893

46,429

Power Integrations, Inc

1,944,911

71,937

(a) Qorvo, Inc

6,828,260

906,218

QUALCOMM, Inc

163,934,836

95,117

(a) Rambus, Inc

9,781,832

241,606

(a) Rigetti Computing, Inc

10,695,898

72,170

(a) Semtech Corp

4,897,456

28,202

(a) Silicon Laboratories, Inc

3,696,718

17,175

(a) SiTime Corp

4,974,567

3,754

(a) SkyWater Technology, Inc

65,639

126,345

Skyworks Solutions, Inc

9,819,533

30,232

(a) Synaptics, Inc

2,144,658

134,686

Teradyne, Inc

24,480,527

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

(continued)

771,673

Texas Instruments, Inc

$

124,594,323

31,853

(a) Ultra Clean Holdings

873,091

41,731

Universal Display Corp

6,146,142

37,057

(a) Veeco Instruments, Inc

1,065,389

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

7,393,614,031

SOFTWARE & SERVICES - 11.8%

78,314

(a) 8x8, Inc

144,098

60,250

(a) A10 Networks, Inc

1,074,860

530,683

Accenture plc

132,723,818

97,431

(a) ACI Worldwide, Inc

4,640,639

76,196

Adeia, Inc

1,298,380

359,214

(a) Adobe, Inc

122,244,116

20,876

(a) Agilysys, Inc

2,619,103

131,419

(a) Akamai Technologies, Inc

9,869,567

39,936

(a) Alarm.com Holdings, Inc

1,965,650

49,438

(a),(b)

Alkami Technology, Inc

1,003,097

94,224

Amdocs Ltd

7,939,314

68,891

(a) Amplitude, Inc

692,355

18,081

(a) Appfolio, Inc

4,600,349

29,215

(a) Appian Corp

874,405

179,492

(a),(b)

Applied Digital Corp

6,221,193

201,826

(a) AppLovin Corp

128,629,765

38,511

(a) Arteris, Inc

524,135

67,566

(a) Asana, Inc

949,302

42,312

(a) ASGN, Inc

1,893,885

134,245

(a) Atlassian Corp Ltd

22,743,788

33,188

(a) AudioEye, Inc

510,100

912,318

(a),(b)

Aurora Innovation, Inc

4,780,546

176,294

(a) Autodesk, Inc

53,124,434

162,461

(a) AvePoint, Inc

2,285,826

142,771

(a) Bentley Systems, Inc

7,257,050

249,097

(a),(b)

BigBear.ai Holdings, Inc

1,723,751

34,963

(a) BigCommerce Holdings, Inc

161,879

88,953

(a) BILL Holdings, Inc

4,417,406

103,897

(a),(b)

Bit Digital, Inc

380,263

78,834

(a) Bitdeer Technologies Group

1,750,115

41,875

(a) Blackbaud, Inc

2,681,675

44,539

(a) BlackLine, Inc

2,549,858

202,594

(a) Blend Labs, Inc

670,586

143,236

(a) Box, Inc

4,596,443

51,645

(a) Braze, Inc

1,480,146

101,053

(a),(b)

C3.ai, Inc

1,776,512

231,218

(a) Cadence Design Systems, Inc

78,311,224

431,978

(a) CCC Intelligent Solutions Holdings, Inc

3,766,848

27,699

(a) Cerence, Inc

297,210

235,153

(a),(b)

Cipher Mining, Inc

4,385,603

39,753

(a),(b)

Circle Internet Group, Inc

5,047,836

138,239

(a) Cleanspark, Inc

2,460,654

70,549

Clear Secure, Inc

2,149,628

189,558

(a) Clearwater Analytics Holdings, Inc

3,489,763

260,738

(a) Cloudflare, Inc

66,044,935

413,357

Cognizant Technology Solutions Corp (Class A)

30,125,458

37,055

(a) Commvault Systems, Inc

5,158,797

232,055

(a) Confluent, Inc

5,423,125

10,805

(a) Consensus Cloud Solutions, Inc

316,803

239,055

(a) Core Scientific, Inc

5,149,245

205,911

(a) Crowdstrike Holdings, Inc

111,811,732

9,431

(a) CS Disco, Inc

59,604

263,334

(a) Datadog, Inc

42,873,409

9,840

(a),(b)

Digimarc Corp

95,743

86,742

(a) Digital Turbine, Inc

541,270

58,947

(a) DigitalOcean Holdings, Inc

2,396,785

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

SOFTWARE & SERVICES

(continued)

177,817

(a) DocuSign, Inc

$

13,005,535

50,425

Dolby Laboratories, Inc (Class A)

3,344,186

20,233

(a) Domo, Inc

277,192

160,070

(a) Dropbox, Inc

4,642,030

259,061

(a),(b)

D-Wave Quantum, Inc

9,600,801

108,205

(a) DXC Technology Co

1,536,511

257,333

(a) Dynatrace, Inc

13,013,330

16,495

(a) eGain Corp

237,858

80,289

(a) Elastic NV

7,163,385

48,388

(a) EPAM Systems, Inc

7,913,374

11,244

(a),(b)

EverCommerce, Inc

130,318

20,095

(a) Fair Isaac Corp

33,348,255

136,530

(a) Fastly, Inc

1,131,834

57,264

(a) Five9, Inc

1,390,370

546,431

(a) Fortinet, Inc

47,228,031

158,570

(a) Freshworks, Inc

1,760,127

65,673

(a) Gartner, Inc

16,309,233

431,459

Gen Digital, Inc

11,373,259

109,197

(a) Gitlab, Inc

5,323,354

35,199

(a) Globant S.A.

2,167,554

116,486

(a) GoDaddy, Inc

15,507,781

32,650

(a) Grid Dynamics Holdings, Inc

304,951

72,264

(a) Guidewire Software, Inc

16,883,761

37,219

(a) Hackett Group, Inc

674,036

42,865

(a) HubSpot, Inc

21,086,151

67,082

(a),(b)

Hut 8 Corp

3,398,374

14,780

(a),(b)

I3 Verticals, Inc

454,485

66,247

(a) Informatica, Inc

1,647,563

40,197

(a) Intapp, Inc

1,542,761

24,224

(b) InterDigital, Inc

8,768,119

788,798

International Business Machines Corp

242,484,393

229,181

Intuit, Inc

152,989,777

51,838

(a) Jamf Holding Corp

666,118

182,043

(a) Kyndryl Holdings, Inc

5,264,684

12,525

(a),(b)

Life360, Inc

1,236,343

48,520

(a) LiveRamp Holdings, Inc

1,326,537

51,627

(a) Manhattan Associates, Inc

9,399,728

314,654

(a),(b)

Marathon Digital Holdings, Inc

5,748,729

6,262,020

Microsoft Corp

3,242,536,576

223,688

(a) MicroStrategy, Inc (Class A)

60,286,153

31,026

(a) Mitek Systems, Inc

285,750

67,703

(a) MongoDB, Inc

24,360,894

52,627

(a) N-able, Inc

412,069

74,178

(a),(b)

nCino OpCo, Inc

1,979,069

111,377

(a) NCR Corp

1,270,812

66,024

(a),(b)

NextNav, Inc

881,420

223,451

(a) Nutanix, Inc

15,918,649

142,910

(a) Okta, Inc

13,080,552

19,455

(a) ON24, Inc

107,392

49,354

(a) OneSpan, Inc

562,636

22,121

(a) Ooma, Inc

248,419

1,397,925

Oracle Corp

367,109,084

34,330

(a) Pagaya Technologies Ltd

923,134

65,121

(a) PagerDuty, Inc

1,045,843

1,842,047

(a) Palantir Technologies, Inc

369,275,162

555,739

(a) Palo Alto Networks, Inc

122,395,957

28,962

(a),(b)

PAR Technology Corp

1,023,517

74,813

Pegasystems, Inc

4,761,847

69,972

(a) Porch Group, Inc

1,053,079

97,471

(a) Procore Technologies, Inc

7,195,309

35,100

Progress Software Corp

1,496,664

29,988

(a) PROS Holdings, Inc

691,223

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

SOFTWARE & SERVICES

(continued)

100,282

(a) PTC, Inc

$

19,909,988

47,344

(a) Q2 Holdings, Inc

2,923,965

33,850

(a) Qualys, Inc

4,172,351

45,920

(a) Rapid7, Inc

849,979

10,928

(a) Red Violet, Inc

586,069

38,512

(a) Rimini Street, Inc

153,278

61,567

(a) RingCentral, Inc

1,854,398

283,010

(a) Riot Platforms, Inc

5,597,938

91,335

Roper Industries, Inc

40,749,110

98,673

(a) Rubrik, Inc

7,427,117

33,893

(a),(b)

SailPoint, Inc

734,800

786,064

Salesforce, Inc

204,698,926

228,618

(a) Samsara, Inc

9,183,585

37,443

(a) Sapiens International Corp NV

1,611,921

27,043

(a) SEMrush Holdings, Inc

196,332

238,940

(a) SentinelOne, Inc

4,265,079

174,729

(a) ServiceNow, Inc

160,624,875

260,206

(a) Snowflake, Inc

71,525,425

316,929

(a),(b)

SoundHound AI, Inc

5,584,289

6,623

(a) SoundThinking, Inc

61,925

69,477

(a) Sprinklr, Inc

536,362

56,116

(a) Sprout Social, Inc

576,311

35,737

(a) SPS Commerce, Inc

2,939,011

155,538

(a) Synopsys, Inc

70,586,255

110,077

(a) Tenable Holdings, Inc

3,194,435

85,041

(a) Teradata Corp

1,773,105

190,744

(a),(b)

Terawulf, Inc

2,956,532

356,841

(a) Trade Desk, Inc

17,941,966

16,513

(a),(b)

TSS, Inc

334,553

7,399

(a),(b)

Tucows, Inc

141,765

118,914

(a) Twilio, Inc

16,039,120

36,755

(a) Tyler Technologies, Inc

17,504,936

350,023

(a) UiPath, Inc

5,551,365

46,333

(a) Unisys Corp

165,409

271,218

(a) Unity Software, Inc

10,279,162

82,772

(a) Varonis Systems, Inc

2,916,058

55,349

(a) Verint Systems, Inc

1,122,478

73,038

VeriSign, Inc

17,514,512

41,020

(a) Vertex, Inc

939,358

8,056

(a) Viant Technology, Inc

71,537

47,115

(a) Weave Communications, Inc

349,122

181,344

(a) Workday, Inc

43,508,053

49,334

(a) Workiva, Inc

4,193,883

30,478

(a) Xperi, Inc

204,812

82,017

(a) Yext, Inc

694,684

109,225

(a) Zeta Global Holdings Corp

1,964,958

224,197

(a) Zoom Video Communications, Inc

19,556,704

83,015

(a) Zscaler, Inc

27,489,587

TOTAL SOFTWARE & SERVICES

6,635,643,502

TECHNOLOGY HARDWARE & EQUIPMENT - 8.1%

63,108

(a),(b)

908 Devices, Inc

503,602

83,498

(a) ADTRAN Holdings, Inc

870,049

28,385

(a) Advanced Energy Industries, Inc

5,754,491

28,124

(a) Aeva Technologies, Inc

459,546

1,025,000

Amphenol Corp (Class A)

142,823,500

12,309,218

(c) Apple, Inc

3,328,043,271

46,784

(a),(b)

Applied Optoelectronics, Inc

1,663,639

875,037

(a) Arista Networks, Inc

137,984,585

59,735

(a) Arlo Technologies, Inc

1,155,275

50,160

(a) Arrow Electronics, Inc

5,595,348

7,088

(a) Aviat Networks, Inc

176,916

70,476

Avnet, Inc

3,414,562

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

TECHNOLOGY HARDWARE & EQUIPMENT

(continued)

29,424

Badger Meter, Inc

$

5,309,561

8,535

(a) Bel Fuse, Inc (Class B)

1,314,305

32,324

Belden CDT, Inc

3,938,679

27,743

Benchmark Electronics, Inc

1,215,698

57,397

(a) Calix, Inc

3,927,103

116,387

CDW Corp

18,548,596

116,615

(a) Ciena Corp

22,147,521

3,346,511

Cisco Systems, Inc

244,663,419

7,427

(a) Clearfield, Inc

262,173

151,819

Cognex Corp

6,283,788

130,850

(a) Coherent Corp

17,266,966

179,698

(a) CommScope Holding Co, Inc

3,108,775

653,233

Corning, Inc

58,189,996

19,293

(a) Corsair Gaming, Inc

157,238

15,693

(a) CPI Card Group, Inc

245,439

38,580

Crane NXT Co

2,440,185

23,784

CTS Corp

987,274

60,151

(a) Daktronics, Inc

1,130,237

254,843

Dell Technologies, Inc

41,287,114

18,799

(a) Diebold Nixdorf, Inc

1,111,961

23,627

(a) Digi International, Inc

866,638

41,555

(a) Eastman Kodak Co

263,459

19,554

(a) ePlus, Inc

1,430,571

85,848

(a) Evolv Technologies Holdings, Inc

664,464

109,491

(a) Extreme Networks, Inc

2,082,519

47,813

(a) F5 Networks, Inc

12,099,080

32,071

(a) Fabrinet

14,129,520

307,884

(a) Flextronics International Ltd

19,248,908

89,756

(a) Harmonic, Inc

960,389

1,132,379

Hewlett Packard Enterprise Co

27,652,695

800,960

HP, Inc

22,162,563

25,842

(a) Immersion Corp

172,883

19,721

(a) Insight Enterprises, Inc

1,972,100

231,757

(a) IonQ, Inc

14,457,002

27,126

(a) IPG Photonics Corp

2,308,965

45,689

(a) Itron, Inc

4,583,977

87,145

Jabil Inc

19,249,459

147,909

(a) Keysight Technologies, Inc

27,061,431

14,309

(a) Kimball Electronics, Inc

416,034

61,140

(a) Knowles Corp

1,443,515

22,984

(a) Littelfuse, Inc

5,592,237

55,921

(a) Lumentum Holdings, Inc

11,271,437

28,648

(a) Methode Electronics, Inc

192,801

128,338

(a),(b)

MicroVision, Inc

150,155

165,626

(a) Mirion Technologies, Inc

4,864,436

140,294

Motorola Solutions, Inc

57,058,973

28,037

(a) Napco Security Technologies, Inc

1,237,834

169,717

NetApp, Inc

19,989,268

23,717

(a) Netgear, Inc

823,454

52,942

(a) Netscout Systems, Inc

1,471,788

31,027

(a) nLight, Inc

1,024,201

28,759

(a) Novanta, Inc

3,652,681

12,545

(a) OSI Systems, Inc

3,493,281

36,044

(a) Ouster, Inc

1,202,428

8,785

(a) PC Connection, Inc

535,621

21,803

(a) Plexus Corp

3,050,240

77,555

(a) Powerfleet, Inc

395,530

253,628

(a) Pure Storage, Inc

25,033,084

99,579

(a) Quantum Computing, Inc

1,663,965

101,593

(a) Ralliant Corp

4,461,965

68,098

(a),(b)

Red Cat Holdings, Inc

766,102

56,145

(a) Ribbon Communications, Inc

188,647

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

TECHNOLOGY HARDWARE & EQUIPMENT

(continued)

15,589

(a) Rogers Corp

$

1,364,661

107,113

(a) SanDisk Corp

21,350,834

46,609

(a) Sanmina Corp

6,387,763

19,158

(a) Scansource, Inc

821,974

434,831

(a) Super Micro Computer, Inc

22,593,819

65,252

TD SYNNEX Corp

10,211,285

38,032

(a) Teledyne Technologies, Inc

20,036,018

204,353

(a) Trimble Inc

16,297,152

74,357

(a) TTM Technologies, Inc

4,996,790

10,648

(a) Turtle Beach Corp

179,951

3,655

(a) Ubiquiti, Inc

2,877,143

114,475

(a) Viasat, Inc

4,558,395

187,869

(a) Viavi Solutions, Inc

3,325,281

109,481

Vishay Intertechnology, Inc

1,858,987

9,120

(a) Vishay Precision Group, Inc

341,635

125,877

Vontier Corp

4,846,265

530,036

(a),(b)

Vuzix Corp

1,775,621

300,647

(a) Western Digital Corp

45,160,186

99,358

(b) Xerox Holdings Corp

329,869

44,239

(a) Zebra Technologies Corp (Class A)

11,911,351

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

4,564,552,092

TELECOMMUNICATION SERVICES - 0.7%

8,133

(a) Anterix, Inc

164,449

148,731

(a),(b)

AST SpaceMobile, Inc

11,935,663

5,977,016

AT&T, Inc

147,931,146

5,649

(a) ATN International, Inc

82,080

32,094

(a) Bandwidth, Inc

518,318

49,425

Cogent Communications Group, Inc

2,038,781

206,183

(a) Frontier Communications Parent, Inc

7,785,470

79,189

(a),(d)

GCI Liberty, Inc

792

20,107

(a) GCI Liberty, Inc

736,419

3,757

(a) GCI Liberty, Inc

137,393

34,809

(a),(b)

Globalstar, Inc

1,893,958

43,200

(a) Gogo, Inc

393,120

14,644

(a) IDT Corp

741,865

98,325

Iridium Communications, Inc

1,882,924

107,737

(a) Liberty Global Ltd

1,185,107

114,238

(a) Liberty Global Ltd

1,273,754

26,275

(a) Liberty Latin America Ltd (Class A)

204,945

114,989

(a) Liberty Latin America Ltd (Class C)

909,563

800,731

(a) Lumen Technologies, Inc

8,231,515

70,664

(a) Millicom International Cellular S.A.

3,328,981

37,330

(a) Shenandoah Telecom Co

459,906

30,098

Spok Holdings, Inc

430,100

88,529

Telephone and Data Systems, Inc

3,436,696

385,388

T-Mobile US, Inc

80,950,749

222,392

Uniti Group, Inc

1,280,978

3,540,850

Verizon Communications, Inc

140,713,379

TOTAL TELECOMMUNICATION SERVICES

418,648,051

TRANSPORTATION - 1.3%

96,059

(a) Alaska Air Group, Inc

4,008,542

17,676

(a) Allegiant Travel Co

1,099,094

7,165

(a),(b)

Amerco, Inc

380,891

554,601

(a) American Airlines Group, Inc

7,281,911

19,290

ArcBest Corp

1,433,633

15,641

(a),(b)

Avis Budget Group, Inc

2,128,271

55,909

(a) Blade Air Mobility, Inc

281,222

97,913

CH Robinson Worldwide, Inc

15,077,623

9,394

(a) Costamare Bulkers Holdings Ltd

121,558

46,970

Costamare, Inc

573,973

29,780

(a) Covenant Logistics Group, Inc

600,663

1,588,878

CSX Corp

57,231,386

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

TRANSPORTATION

(continued)

551,593

Delta Air Lines, Inc

$

31,650,406

110,962

Expeditors International Washington, Inc

13,526,268

181,378

FedEx Corp

46,037,364

29,073

(a) Forward Air Corp

546,863

26,026

(a),(b)

Frontier Group Holdings, Inc

100,460

119,048

(a) FTAI Infrastructure, Inc

635,716

22,919

(a) Genco Shipping & Trading Ltd

390,540

109,335

(a) GXO Logistics, Inc

6,145,720

62,367

(a) Heartland Express, Inc

486,463

123,606

(a),(b)

Hertz Global Holdings, Inc

634,099

74,214

(a) Hub Group, Inc (Class A)

2,733,302

70,991

JB Hunt Transport Services, Inc

11,987,540

302,364

(a) JetBlue Airways Corp

1,269,929

331,522

(a),(b)

Joby Aviation, Inc

5,748,591

47,100

(a) Kirby Corp

4,873,908

139,041

Knight-Swift Transportation Holdings, Inc

6,273,530

28,743

Landstar System, Inc

3,691,464

289,310

(a) Lyft, Inc (Class A)

5,919,283

46,584

(a) Marten Transport Ltd

477,486

32,216

(a) Matson, Inc

3,252,205

189,167

Norfolk Southern Corp

53,606,144

157,543

Old Dominion Freight Line

22,122,188

5,088

(a) PAM Transportation Services, Inc

51,236

57,721

(a) Pangaea Logistics Solutions Ltd

285,719

25,749

(a) Radiant Logistics, Inc

155,781

149,088

(a) RXO, Inc

2,643,330

29,050

Ryder System, Inc

4,916,132

34,465

(a) Safe Bulkers, Inc

161,641

22,323

(a) Saia, Inc

6,529,478

55,591

Schneider National, Inc

1,187,980

39,832

(a) Skywest, Inc

4,002,319

403,659

(a) Southwest Airlines Co

12,230,868

23,522

(a) Sun Country Airlines Holdings, Inc

288,850

1,706,057

(a) Uber Technologies, Inc

164,634,501

67,004

U-Haul Holding Co

3,249,024

499,539

Union Pacific Corp

110,083,409

263,427

(a) United Airlines Holdings, Inc

24,772,675

619,036

United Parcel Service, Inc (Class B)

59,687,451

7,105

(a),(b)

Universal Truckload Services, Inc

114,959

46,797

(a) Werner Enterprises, Inc

1,226,081

103,248

(a) XPO, Inc

14,854,290

TOTAL TRANSPORTATION

723,403,960

UTILITIES - 2.3%

603,018

AES Corp

8,363,860

44,517

(a) Allete, Inc

2,997,330

210,826

Alliant Energy Corp

14,087,393

228,271

Ameren Corp

23,288,207

461,939

American Electric Power Co, Inc

55,552,784

35,512

(a) American States Water Co

2,532,361

154,879

American Water Works Co, Inc

19,891,110

136,509

Atmos Energy Corp

23,441,326

27,456

(a) Avista Corp

1,044,701

65,637

Black Hills Corp

4,163,355

103,955

(a) Brookfield Infrastructure Corp

4,710,201

116,100

(b) Brookfield Renewable Corp

5,022,486

97,088

(a) Cadiz, Inc

514,566

53,048

(a) California Water Service Group

2,354,270

563,404

Centerpoint Energy, Inc

21,544,569

22,717

Chesapeake Utilities Corp

2,891,420

25,714

Clearway Energy, Inc (Class A)

771,163

90,403

Clearway Energy, Inc (Class C)

2,886,568

238,564

CMS Energy Corp

17,546,382

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

UTILITIES

(continued)

303,081

Consolidated Edison, Inc

$

29,523,120

17,051

(a) Consolidated Water Co, Inc

579,905

262,017

Constellation Energy Corp

98,780,409

718,671

Dominion Energy, Inc

42,178,801

172,426

(a) DTE Energy Co

23,370,620

645,523

Duke Energy Corp

80,238,509

326,308

Edison International

18,070,937

374,832

Entergy Corp

36,017,607

231,806

Essential Utilities, Inc

9,047,388

187,487

Evergy, Inc

14,400,876

294,143

Eversource Energy

21,710,695

840,694

Exelon Corp

38,772,807

469,514

FirstEnergy Corp

21,517,827

28,389

(a) Genie Energy Ltd

427,254

5,833

(a) Global Water Resources, Inc

57,863

44,445

(a) Hallador Energy Co

961,345

168,468

(a) Hawaiian Electric Industries, Inc

1,957,598

43,434

Idacorp, Inc

5,603,855

197,279

MDU Resources Group, Inc

3,783,811

43,887

MGE Energy, Inc

3,636,916

13,108

(a) Middlesex Water Co

753,317

49,852

(a),(b)

Montauk Renewables, Inc

101,200

75,900

National Fuel Gas Co

5,989,269

71,917

New Jersey Resources Corp

3,185,923

1,737,226

NextEra Energy, Inc

141,410,196

405,497

NiSource, Inc

17,075,479

31,923

(a) Northwest Natural Holding Co

1,453,454

29,518

(a) NorthWestern Corp

1,761,339

165,526

NRG Energy, Inc

28,447,298

160,610

OGE Energy Corp

7,089,325

89,322

(a) Oklo, Inc

11,859,282

41,420

ONE Gas, Inc

3,321,470

43,542

Ormat Technologies, Inc

4,631,563

34,114

Otter Tail Corp

2,634,283

1,913,553

PG&E Corp

30,540,306

99,417

(b) Pinnacle West Capital Corp

8,800,393

84,693

PNM Resources, Inc

4,810,562

81,850

Portland General Electric Co

3,738,908

614,049

(a) PPL Corp

22,425,069

419,556

Public Service Enterprise Group, Inc

33,799,431

16,040

(a) Pure Cycle Corp

176,600

14,140

(a) RGC Resources, Inc

292,839

560,717

Sempra Energy

51,552,321

40,646

(a) SJW Corp

1,879,878

932,966

Southern Co

87,736,123

62,996

Southwest Gas Holdings Inc

5,008,182

53,812

Spire, Inc

4,649,357

38,781

(a) Talen Energy Corp

15,503,868

210,533

UGI Corp

7,038,118

17,356

(a) Unitil Corp

846,105

285,456

Vistra Corp

53,751,365

276,013

WEC Energy Group, Inc

30,838,933

504,372

Xcel Energy, Inc

40,939,875

20,767

(a) York Water Co

645,231

TOTAL UTILITIES

1,298,929,057

TOTAL COMMON STOCKS

(Cost $18,739,860,903)

55,431,557,577

See Notes to Financial Statements

SHARES

DESCRIPTION

EXPIRATION

DATE

VALUE

RIGHTS/WARRANTS - 0.0%

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%

50,751

(d) AstraZeneca plc

02/20/29

$

15,733

27,694

(d) Chinook Therapeutics, Inc

01/02/30

330,579

(b),(d)

Selecta Biosciences, Inc

03/20/24

59,504

4,598

(d) Tobira Therapeutics, Inc

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

75,790

TOTAL RIGHTS/WARRANTS

(Cost $68,015)

75,790

TOTAL LONG-TERM INVESTMENTS

(Cost $18,739,928,918)

55,431,633,367

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.3%

139,502,564

(e) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(f)

139,502,564

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $139,502,564)

139,502,564

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 1.2%

GOVERNMENT AGENCY DEBT - 0.2%

$

10,000,000

Federal Home Loan Bank (FHLB)

.000

12/16/25

9,951,444

10,000,000

Federal Home Loan Bank (FHLB)

.000

01/23/26

9,911,100

20,000,000

Federal Home Loan Bank (FHLB)

.000

02/20/26

19,765,111

10,000,000

Federal Home Loan Bank (FHLB)

.000

02/27/26

9,875,215

15,000,000

Federal Home Loan Bank Discount Notes

.000

11/12/25

14,980,700

6,000,000

Federal Home Loan Bank Discount Notes

.000

11/14/25

5,990,993

20,000,000

Federal Home Loan Bank Discount Notes

.000

01/06/26

19,858,184

5,000,000

Federal Home Loan Bank Discount Notes

.000

01/20/26

4,957,138

TOTAL GOVERNMENT AGENCY DEBT

95,289,885

REPURCHASE AGREEMENT - 0.6%

339,641,000

(g) Fixed Income Clearing Corporation

.130

11/03/25

339,641,000

TOTAL REPURCHASE AGREEMENT

339,641,000

TREASURY DEBT - 0.4%

10,000,000

United States Treasury Bill

.000

11/04/25

9,998,939

15,000,000

United States Treasury Bill

.000

11/12/25

14,985,609

25,000,000

United States Treasury Bill

.000

11/18/25

24,959,677

50,000,000

United States Treasury Bill

.000

11/20/25

49,908,212

25,000,000

United States Treasury Bill

.000

11/28/25

24,932,913

30,000,000

United States Treasury Bill

.000

12/02/25

29,906,318

23,530,000

United States Treasury Bill

.000

12/04/25

23,451,444

25,000,000

United States Treasury Bill

.000

12/09/25

24,903,618

40,000,000

United States Treasury Bill

.000

12/16/25

39,815,960

10,000,000

United States Treasury Bill

.000

12/30/25

9,939,018

TOTAL TREASURY DEBT

252,801,708

TOTAL SHORT-TERM INVESTMENTS

(Cost $687,668,443)

687,732,593

TOTAL INVESTMENTS - 100.3%

(Cost $19,567,099,925)

56,258,868,524

OTHER ASSETS & LIABILITIES, NET - (0.3)%

(141,764,857)

NET ASSETS - 100.0%

$

56,117,103,667

REIT

Real Estate Investment Trust

Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

Investments in Derivatives

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $274,484,250.

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

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

(e) Investments made with cash collateral received from securities on loan.

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

(g) Agreement with Fixed Income Clearing Corporation, 4.130% dated 10/31/25 to be repurchased at $339,757,893 on 11/3/25, collateralized by Government Agency Securities, with coupon

rate 3.875% and maturity date 5/31/27, valued at $346,433,820.

Futures Contracts - Long

Description

Number of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

S&P 500 E-Mini Index

1,933

12/19/25

$

650,631,945

$

664,372,100

$

13,740,155

Portfolios of Investments October 31, 2025

Large Cap Growth Index

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 100.0%

COMMON STOCKS - 99.5%

AUTOMOBILES & COMPONENTS - 3.9%

1,580,558

(a) Tesla, Inc

$

721,619,561

TOTAL AUTOMOBILES & COMPONENTS

721,619,561

BANKS - 0.4%

310,971

Bank of America Corp

16,621,400

183,323

Citigroup, Inc

18,557,787

1,915,937

(a),(b)

NU Holdings Ltd

30,865,745

3,026

(b) Pinnacle Financial Partners, Inc

257,846

3,973

Popular, Inc

442,870

13,384

(b) Western Alliance Bancorp

1,035,253

TOTAL BANKS

67,780,901

CAPITAL GOODS - 3.8%

49,493

3M Co

8,240,585

37,915

(b) Aaon, Inc

3,730,457

2,467

Allison Transmission Holdings, Inc

203,651

8,085

Armstrong World Industries, Inc

1,539,627

42,727

(a) Axon Enterprise, Inc

31,285,991

59,258

(a) Boeing Co

11,912,043

8,982

BWX Technologies, Inc

1,918,645

3,729

Carlisle Cos, Inc

1,212,111

4,854

(b) Carpenter Technology Corp

1,533,379

32,547

Caterpillar, Inc

18,788,081

19,437

Comfort Systems USA, Inc

18,767,979

60,340

(a),(b)

Core & Main, Inc

3,148,541

8,905

EMCOR Group, Inc

6,017,821

542,163

(a) Fastenal Co

22,310,007

7,736

Ferguson Enterprises, Inc

1,922,396

58,346

FTAI Aviation Ltd

10,088,023

156,576

GE Vernova, Inc

91,618,881

602,257

General Electric Co

186,067,300

23,660

HEICO Corp

7,518,438

43,247

HEICO Corp (Class A)

10,713,579

230,648

Howmet Aerospace, Inc

47,501,956

54,678

Illinois Tool Works, Inc

13,337,058

15,212

(a),(b)

Karman Holdings, Inc

1,281,459

17,997

Lennox International, Inc

9,088,485

17,015

(a) Leonardo DRS, Inc

622,068

22,640

(a),(b)

Loar Holdings, Inc

1,791,503

33,414

Lockheed Martin Corp

16,435,678

7,490

(a) Mastec, Inc

1,529,158

65,588

Quanta Services, Inc

29,457,538

3,590

(a) RBC Bearings, Inc

1,538,423

236,957

(a) Rocket Lab Corp

14,923,552

5,673

Rockwell Automation, Inc

2,089,706

1,999

Simpson Manufacturing Co, Inc

352,824

6,519

(a),(b)

SiteOne Landscape Supply, Inc

845,971

3,082

(a) Spirit Aerosystems Holdings, Inc (Class A)

113,079

13,590

(a) StandardAero, Inc

392,615

127,734

Trane Technologies plc

57,307,859

5,516

TransDigm Group, Inc

7,217,741

217,913

Vertiv Holdings Co

42,026,701

21,740

W.W. Grainger, Inc

21,283,460

22,703

(a),(b)

WillScot Mobile Mini Holdings Corp

493,790

TOTAL CAPITAL GOODS

708,168,159

COMMERCIAL & PROFESSIONAL SERVICES - 1.2%

216,600

Automatic Data Processing, Inc

56,380,980

68,241

Booz Allen Hamilton Holding Corp

5,947,886

61,709

Broadridge Financial Solutions, Inc

13,600,664

6,171

(a) Ceridian HCM Holding, Inc

424,194

Large Cap Growth Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

COMMERCIAL & PROFESSIONAL SERVICES

(continued)

197,144

Cintas Corp

$

36,130,581

473,891

(a) Copart, Inc

20,382,052

13,285

Equifax, Inc

2,804,463

90,406

(a) ExlService Holdings, Inc

3,534,875

6,158

KBR, Inc

263,809

57,677

Paychex, Inc

6,749,939

15,002

Paycom Software, Inc

2,806,724

25,213

(a) Paylocity Holding Corp

3,561,840

6,435

RB Global, Inc

638,481

161,574

Rollins, Inc

9,308,278

20,178

Tetra Tech, Inc

645,292

54,944

Veralto Corp

5,421,874

47,980

Verisk Analytics, Inc

10,496,105

212,101

Waste Management, Inc

42,371,417

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

221,469,454

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 6.4%

3,395,770

(a) Amazon.com, Inc

829,314,950

1,495

(a) Autozone, Inc

5,493,273

36,912

(a),(b)

Burlington Stores, Inc

10,098,754

75,593

(a) Carvana Co

23,172,278

116,749

(a) Chewy, Inc

3,936,776

711,275

(a) Coupang, Inc

22,739,462

31,557

(a),(b)

Etsy, Inc

1,956,534

20,613

(a),(b)

Floor & Decor Holdings, Inc

1,287,900

434,706

Home Depot, Inc

165,010,051

1,964

(b) Lithia Motors, Inc (Class A)

616,853

9,127

(b) Murphy USA, Inc

3,269,291

448,898

(a) O'Reilly Automotive, Inc

42,393,927

3,829

Pool Corp

1,022,573

1,531

(a) RH

264,082

36,532

Ross Stores, Inc

5,805,666

320,705

TJX Cos, Inc

44,943,599

305,653

Tractor Supply Co

16,538,884

6,447

(a) Ulta Beauty, Inc

3,351,666

56,610

(a) Valvoline, Inc

1,868,696

9,624

(a),(b)

Wayfair, Inc

996,180

10,110

Williams-Sonoma, Inc

1,964,777

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

1,186,046,172

CONSUMER DURABLES & APPAREL - 0.2%

9,052

(a) BK LC Lux Finco 2 Sarl

361,265

83,986

(a) Deckers Outdoor Corp

6,844,859

34,652

(a) Lululemon Athletica, Inc

5,909,552

125,809

(a),(b)

On Holding AG.

4,673,804

1,644

Ralph Lauren Corp

525,521

7,051

(a),(b)

SharkNinja Global SPV Ltd

602,861

109,062

Tapestry, Inc

11,977,189

115,423

Tempur Sealy International, Inc

9,157,661

1,003

(a),(b)

TopBuild Corp

423,747

TOTAL CONSUMER DURABLES & APPAREL

40,476,459

CONSUMER SERVICES - 2.4%

244,600

(a) Airbnb, Inc

30,951,684

17,503

Booking Holdings, Inc

88,875,683

1,165

(a) Bright Horizons Family Solutions, Inc

127,253

190,401

(a) Carnival Corp

5,489,261

56,989

(a),(b)

Cava Group, Inc

3,062,019

771,408

(a) Chipotle Mexican Grill, Inc (Class A)

24,445,919

(b) Choice Hotels International, Inc

8,459

32,618

(b) Churchill Downs, Inc

3,235,706

64,231

Darden Restaurants, Inc

11,571,215

5,431

Domino's Pizza, Inc

2,164,036

205,515

(a) DoorDash, Inc

52,276,851

278,069

(a) DraftKings, Inc

8,506,131

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CONSUMER SERVICES

(continued)

21,093

(a),(b)

Duolingo, Inc

$

5,708,610

66,053

(a) Dutch Bros, Inc

3,668,584

70,252

Expedia Group, Inc

15,455,440

83,361

(a) Flutter Entertainment plc

19,388,935

4,330

(a) Grand Canyon Education, Inc

815,339

6,234

H&R Block, Inc

310,079

133,015

Hilton Worldwide Holdings, Inc

34,179,534

182,828

Las Vegas Sands Corp

10,850,842

48,547

(a),(b)

Light & Wonder, Inc

3,529,367

100,522

Marriott International, Inc (Class A)

26,194,023

23,273

McDonald's Corp

6,945,361

227,316

(a) Norwegian Cruise Line Holdings Ltd

5,096,425

47,900

(a) Planet Fitness, Inc

4,344,051

120,029

(b) Restaurant Brands International, Inc

7,884,705

145,132

Royal Caribbean Cruises Ltd

41,628,212

85,951

Starbucks Corp

6,950,857

39,033

Texas Roadhouse, Inc (Class A)

6,385,018

11,804

Travel & Leisure Co

741,055

14,440

(b) Vail Resorts, Inc

2,141,885

98,256

(a) Viking Holdings Ltd

5,978,878

12,571

(b) Wendy's Co

107,356

15,389

(b) Wingstop, Inc

3,333,719

38,880

Wyndham Hotels & Resorts, Inc

2,854,958

54,182

Yum! Brands, Inc

7,488,494

TOTAL CONSUMER SERVICES

452,695,944

CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.5%

12,637

(a) BJ's Wholesale Club Holdings, Inc

1,115,342

2,775

(b) Casey's General Stores, Inc

1,424,102

254,235

Costco Wholesale Corp

231,722,491

11,757

(a) Performance Food Group Co

1,137,372

55,894

(a) Sprouts Farmers Market, Inc

4,413,390

149,602

Sysco Corp

11,112,437

243,975

Walmart, Inc

24,685,390

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

275,610,524

ENERGY - 0.3%

57,176

Cheniere Energy, Inc

12,121,312

9,076

HF Sinclair Corp

468,322

16,637

Phillips 66

2,264,961

67,876

Schlumberger Ltd

2,447,609

123,943

Targa Resources Corp

19,092,180

11,129

Texas Pacific Land Corp

10,498,876

36,842

Williams Cos, Inc

2,132,046

TOTAL ENERGY

49,025,306

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.4%

268,018

American Tower Corp

47,969,862

50,675

Lamar Advertising Co

6,009,548

11,161

Public Storage, Inc

3,109,008

41,067

Simon Property Group, Inc

7,217,936

14,518

Sun Communities, Inc

1,837,979

10,158

UDR, Inc

342,223

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

66,486,556

FINANCIAL SERVICES - 5.1%

91,774

(a) Affirm Holdings, Inc

6,596,715

7,399

(b) Ally Financial, Inc

288,339

103,231

American Express Co

37,238,519

49,761

Ameriprise Financial, Inc

22,530,288

165,170

Apollo Global Management, Inc

20,532,283

108,221

(a) Ares Management Corp

16,093,545

29,469

Bank of New York Mellon Corp

3,180,589

419,270

Blackstone, Inc

61,481,753

116,442

(a) Block, Inc

8,842,606

348,226

(a),(b)

Blue Owl Capital, Inc

5,491,524

Large Cap Growth Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

FINANCIAL SERVICES

(continued)

77,289

(a) Brookfield Asset Management Ltd

$

4,178,243

86,475

Charles Schwab Corp

8,173,617

11,503

(a) Coinbase Global, Inc

3,954,501

39,100

(a) Corpay, Inc

10,179,685

(a),(b)

Credit Acceptance Corp

185,646

174,371

Equitable Holdings, Inc

8,613,927

1,423

Factset Research Systems, Inc

379,656

87,063

(a) Fiserv, Inc

5,806,232

8,562

(a),(b)

Freedom Holding Corp

1,315,637

9,363

Goldman Sachs Group, Inc

7,390,871

14,905

(a) Hamilton Lane, Inc

1,698,574

11,820

(a),(b)

Houlihan Lokey, Inc

2,116,726

12,940

Interactive Brokers Group, Inc (Class A)

910,458

18,169

Jefferies Financial Group, Inc

959,868

97,288

KKR & Co, Inc

11,512,089

12,117

(b) Lazard, Inc

591,310

46,116

(b) LPL Financial Holdings, Inc

17,400,028

465,981

Mastercard, Inc (Class A)

257,216,852

89,101

Moody's Corp

42,795,210

9,974

Morningstar, Inc

2,117,480

21,290

MSCI, Inc (Class A)

12,530,230

56,956

(a) Robinhood Markets, Inc

8,360,002

36,294

(a),(b)

Shift4 Payments, Inc

2,507,915

16,535

(b) SLM Corp

443,965

87,578

(a),(b)

SoFi Technologies, Inc

2,599,315

252,641

(a) Toast, Inc

9,130,446

69,349

(a),(b)

TPG, Inc

3,816,969

5,561

Tradeweb Markets, Inc

586,074

68,515

(a),(b)

UWM Holdings Corp

385,739

975,496

Visa, Inc (Class A)

332,390,507

2,088

(a),(b)

WEX, Inc

304,597

10,691

(a) XP, Inc

194,790

TOTAL FINANCIAL SERVICES

943,023,320

FOOD, BEVERAGE & TOBACCO - 0.7%

88,729

(a) Celsius Holdings, Inc

5,344,148

1,089,185

Coca-Cola Co

75,044,846

4,025

Coca-Cola Consolidated Inc

524,779

10,214

(a) Darling International, Inc

327,359

6,487

(a) Freshpet, Inc

319,225

11,106

(a) Hershey Co

1,883,911

401,202

(a) Monster Beverage Corp

26,812,330

107,210

PepsiCo, Inc

15,662,309

TOTAL FOOD, BEVERAGE & TOBACCO

125,918,907

HEALTH CARE EQUIPMENT & SERVICES - 1.9%

104,988

AmerisourceBergen Corp

35,465,996

146,143

(a) Boston Scientific Corp

14,719,523

69,331

Cardinal Health, Inc

13,226,275

814

Chemed Corp

351,078

12,164

Cigna Group

2,973,003

18,570

(a),(b)

DaVita, Inc

2,210,201

226,000

(a) DexCom, Inc

13,157,720

73,732

(a) Doximity, Inc

4,866,312

21,127

HCA, Inc

9,711,659

46,416

(a) IDEXX Laboratories, Inc

29,219,336

16,482

(a) Inspire Medical Systems, Inc

1,188,023

39,384

(a) Insulet Corp

12,327,586

204,406

(a) Intuitive Surgical, Inc

109,210,038

25,751

(a) Masimo Corp

3,621,878

66,363

McKesson Corp

53,842,957

13,807

(a) Molina Healthcare, Inc

2,113,299

22,506

(a),(b)

Penumbra, Inc

5,117,189

19,283

(a) Resmed, Inc

4,760,587

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

HEALTH CARE EQUIPMENT & SERVICES

(continued)

49,348

Stryker Corp

$

17,579,732

67,583

(a) Veeva Systems, Inc

19,680,170

TOTAL HEALTH CARE EQUIPMENT & SERVICES

355,342,562

HOUSEHOLD & PERSONAL PRODUCTS - 0.1%

219,333

Colgate-Palmolive Co

16,899,608

64,241

Kimberly-Clark Corp

7,690,290

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

24,589,898

INSURANCE - 0.3%

111,603

Aon plc

38,020,910

17,158

(a) Brown & Brown, Inc

1,368,179

2,888

Everest Re Group Ltd

908,334

9,339

Gallagher (Arthur J.) & Co

2,329,987

12,171

(b) Kinsale Capital Group, Inc

4,861,949

1,383

(a) Markel Corp

2,730,775

33,431

Marsh & McLennan Cos, Inc

5,955,733

16,796

Progressive Corp

3,459,976

2,218

RLI Corp

130,773

52,200

(b) Ryan Specialty Holdings, Inc

2,860,560

TOTAL INSURANCE

62,627,176

MATERIALS - 0.3%

34,883

(a),(b)

AngloGold Ashanti PLC

2,372,044

1,138

(a) Eagle Materials, Inc

241,620

35,382

Ecolab, Inc

9,071,945

56,058

(a),(b)

James Hardie Industries plc

1,173,294

121,538

Sherwin-Williams Co

41,923,318

7,693

Steel Dynamics, Inc

1,206,262

TOTAL MATERIALS

55,988,483

MEDIA & ENTERTAINMENT - 11.1%

1,671,242

Alphabet, Inc

470,989,421

2,052,494

Alphabet, Inc (Class A)

577,140,788

43,964

(a) DoubleVerify Holdings, Inc

500,310

16,501

(a) Liberty Broadband Corp

888,084

674

(a) Liberty Broadband Corp (Class A)

36,052

4,443

(a) Liberty Media Corp-Liberty Formula One (Class A)

404,224

37,171

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

3,711,524

92,342

(a) Live Nation, Inc

13,807,899

914,740

Meta Platforms, Inc

593,071,679

242,708

(a) Netflix, Inc

271,556,273

965

(a) Nexstar Media Group, Inc

188,880

13,638

(a) NIQ Global Intelligence PLC

169,111

167,572

(a) Pinterest, Inc

5,546,633

66,769

(a) Reddit, Inc

13,951,383

349,896

(a) ROBLOX Corp

39,790,173

8,594

(a) Roku, Inc

912,081

88,099

(a) Spotify Technology S.A.

57,733,037

35,517

(a) Take-Two Interactive Software, Inc

9,105,493

16,730

(a) TKO Group Holdings, Inc

3,151,932

52,375

(a) Trump Media & Technology Group Corp

802,647

TOTAL MEDIA & ENTERTAINMENT

2,063,457,624

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 5.0%

1,014,583

AbbVie, Inc

221,219,677

71,487

(a) Alnylam Pharmaceuticals, Inc

32,600,932

227,284

Amgen, Inc

67,828,364

63,059

(a),(b)

Apellis Pharmaceuticals, Inc

1,353,877

226,735

Bristol-Myers Squibb Co

10,445,681

6,391

(a) Caris Life Sciences, Inc

192,241

53,667

(a),(b)

Corcept Therapeutics, Inc

3,942,915

458,782

Eli Lilly & Co

395,864,637

5,870

(a) Exact Sciences Corp

379,730

117,606

(a) Exelixis, Inc

4,547,824

192,137

Gilead Sciences, Inc

23,016,091

69,978

(a) Halozyme Therapeutics, Inc

4,561,866

Large Cap Growth Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

23,383

(a) Incyte Corp

$

2,185,843

100,415

(a) Insmed, Inc

19,038,684

83,863

(a),(b)

Ionis Pharmaceuticals, Inc

6,231,021

12,699

(a) Medpace Holdings, Inc

7,427,772

74,690

(a),(b)

Natera, Inc

14,858,082

47,326

(a) Neurocrine Biosciences, Inc

6,777,556

4,286

(a),(b)

Repligen Corp

638,871

44,435

(a),(b)

Sarepta Therapeutics, Inc

1,066,884

33,473

(a) Sotera Health Co

555,652

66,729

(a),(b)

Summit Therapeutics, Inc

1,261,845

47,003

(a),(b)

Tempus AI, Inc

4,223,220

49,013

(a),(b)

Ultragenyx Pharmaceutical, Inc

1,695,850

147,310

(a) Vertex Pharmaceuticals, Inc

62,690,717

4,941

(a),(b)

Viking Therapeutics, Inc

188,153

17,793

(a) Waters Corp

6,220,433

204,783

Zoetis, Inc

29,507,182

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

930,521,600

REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.0%

18,624

(a) CBRE Group, Inc

2,838,856

29,576

(a) CoStar Group, Inc

2,035,125

7,879

(a) Jones Lang LaSalle, Inc

2,403,804

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

7,277,785

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 21.3%

539,473

(a) Advanced Micro Devices, Inc

138,169,825

128,475

Applied Materials, Inc

29,947,522

71,725

(a) Astera Labs, Inc

13,389,623

2,524,054

Broadcom, Inc

932,966,080

72,175

(a) Enphase Energy, Inc

2,202,059

13,940

(b) Entegris, Inc

1,276,486

76,240

KLA Corp

92,154,338

732,510

Lam Research Corp

115,341,025

68,430

(a),(b)

Lattice Semiconductor Corp

4,992,653

8,973

(a) MACOM Technology Solutions Holdings, Inc

1,329,170

30,531

Marvell Technology, Inc

2,861,976

26,617

Monolithic Power Systems, Inc

26,750,085

12,549,010

Nvidia Corp

2,541,049,035

6,771

(a) Onto Innovation, Inc

913,814

141,532

QUALCOMM, Inc

25,603,139

213,036

Texas Instruments, Inc

34,396,792

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

3,963,343,622

SOFTWARE & SERVICES - 19.5%

243,766

(a) Adobe, Inc

82,956,007

11,742

(a) Appfolio, Inc

2,987,517

136,533

(a) AppLovin Corp

87,016,577

93,461

(a) Atlassian Corp Ltd

15,834,163

122,094

(a) Autodesk, Inc

36,791,806

89,923

(a),(b)

Bentley Systems, Inc

4,570,786

156,283

(a) Cadence Design Systems, Inc

52,931,489

4,196

(a),(b)

Circle Internet Group, Inc

532,808

176,753

(a),(b)

Cloudflare, Inc

44,771,535

158,020

(a) Confluent, Inc

3,692,927

139,876

(a) Crowdstrike Holdings, Inc

75,954,067

177,429

(a) Datadog, Inc

28,887,216

86,694

(a) DocuSign, Inc

6,340,799

22,928

(a) Dropbox, Inc

664,912

169,135

(a) Dynatrace, Inc

8,553,157

51,786

(a) Elastic NV

4,620,347

10,902

(a) Fair Isaac Corp

18,092,196

364,525

(a) Fortinet, Inc

31,505,896

41,613

(a) Gartner, Inc

10,334,172

34,078

Gen Digital, Inc

898,296

72,407

(a),(b)

Gitlab, Inc

3,529,841

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

SOFTWARE & SERVICES

(continued)

2,407

(a) Globant S.A.

$

148,223

79,674

(a) GoDaddy, Inc

10,607,000

48,162

(a),(b)

Guidewire Software, Inc

11,252,570

29,248

(a) HubSpot, Inc

14,387,676

156,382

Intuit, Inc

104,392,804

8,590

(a),(b)

Kyndryl Holdings, Inc

248,423

34,683

(a) Manhattan Associates, Inc

6,314,734

3,982,974

Microsoft Corp

2,062,423,767

8,410

(a),(b)

MicroStrategy, Inc (Class A)

2,266,579

4,297

(a) MongoDB, Inc

1,546,147

8,465

(a),(b)

nCino OpCo, Inc

225,846

34,050

(a) Nutanix, Inc

2,425,722

35,929

(a) Okta, Inc

3,288,581

948,248

Oracle Corp

249,019,407

1,250,880

(a) Palantir Technologies, Inc

250,763,914

376,226

(a) Palo Alto Networks, Inc

82,860,014

16,495

Pegasystems, Inc

1,049,907

65,470

(a),(b)

Procore Technologies, Inc

4,832,995

7,879

(a) PTC, Inc

1,564,297

43,129

(a) RingCentral, Inc

1,299,045

40,928

(a) Rubrik, Inc

3,080,651

60,264

Salesforce, Inc

15,693,348

153,235

(a),(b)

Samsara, Inc

6,155,450

120,102

(a) SentinelOne, Inc

2,143,821

118,378

(a) ServiceNow, Inc

108,822,528

179,017

(a) Snowflake, Inc

49,208,193

77,608

(a) Synopsys, Inc

35,220,063

12,546

(a) Teradata Corp

261,584

253,122

(a) Trade Desk, Inc

12,726,974

12,336

(a) Twilio, Inc

1,663,880

20,528

(a) Tyler Technologies, Inc

9,776,665

10,502

(a) Unity Software, Inc

398,026

123,282

(a) Workday, Inc

29,577,817

55,950

(a) Zscaler, Inc

18,527,283

TOTAL SOFTWARE & SERVICES

3,625,640,448

TECHNOLOGY HARDWARE & EQUIPMENT - 12.7%

690,736

Amphenol Corp (Class A)

96,247,154

7,843,853

Apple, Inc

2,120,742,536

590,849

(a) Arista Networks, Inc

93,170,979

5,410

CDW Corp

862,192

22,035

Dell Technologies, Inc

3,569,890

39,841

Jabil Inc

8,800,478

2,966

(a) Lumentum Holdings, Inc

597,827

40,261

Motorola Solutions, Inc

16,374,551

44,682

(b) NetApp, Inc

5,262,646

154,342

(a) Pure Storage, Inc

15,233,555

135,360

(a) Super Micro Computer, Inc

7,033,306

2,403

(a) Ubiquiti, Inc

1,891,594

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

2,369,786,708

TELECOMMUNICATION SERVICES - 0.0%

100,887

(a),(b)

AST SpaceMobile, Inc

8,096,182

(a) GCI Liberty, Inc

4,900

2,983

(a) GCI Liberty, Inc

109,252

5,866

Iridium Communications, Inc

112,334

TOTAL TELECOMMUNICATION SERVICES

8,322,668

TRANSPORTATION - 0.7%

12,065

(a),(b)

Alaska Air Group, Inc

503,472

6,839

(a),(b)

Amerco, Inc

363,561

25,356

(a),(b)

American Airlines Group, Inc

332,924

1,378

(a),(b)

Avis Budget Group, Inc

187,505

36,466

(a) Lyft, Inc (Class A)

746,094

6,013

Old Dominion Freight Line

844,346

Large Cap Growth Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

TRANSPORTATION

(continued)

30,661

(a),(b)

Southwest Airlines Co

$

929,028

1,153,056

(a) Uber Technologies, Inc

111,269,904

20,761

U-Haul Holding Co

1,006,701

26,933

Union Pacific Corp

5,935,225

13,488

(a),(b)

XPO, Inc

1,940,519

TOTAL TRANSPORTATION

124,059,279

UTILITIES - 0.3%

109,823

NRG Energy, Inc

18,874,181

193,775

Vistra Corp

36,487,832

TOTAL UTILITIES

55,362,013

TOTAL COMMON STOCKS

(Cost $5,049,110,232)

18,504,641,129

SHARES

DESCRIPTION

VALUE

INVESTMENT COMPANIES - 0.5%

173,833

(b) iShares Russell 1000 Growth ETF

84,409,828

TOTAL INVESTMENT COMPANIES

(Cost $73,188,955)

84,409,828

TOTAL LONG-TERM INVESTMENTS

(Cost $5,122,299,187)

18,589,050,957

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.6%

107,932,155

(c) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(d)

107,932,155

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $107,932,155)

107,932,155

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.0%

REPURCHASE AGREEMENT - 0.0%

$

2,758,000

(e) Fixed Income Clearing Corporation

.150

11/03/25

2,758,000

TOTAL REPURCHASE AGREEMENT

2,758,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $2,758,000)

2,758,000

TOTAL INVESTMENTS - 100.6%

(Cost $5,232,989,342)

18,699,741,112

OTHER ASSETS & LIABILITIES, NET - (0.6)%

(105,324,385)

NET ASSETS - 100.0%

$

18,594,416,727

ETF

Exchange Traded Fund

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $126,299,815.

(c) Investments made with cash collateral received from securities on loan.

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

(e) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $2,758,954 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

2.125% and maturity date 4/15/29, valued at $2,813,294.

Portfolios of Investments October 31, 2025

Large Cap Value Index

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 100.0%

COMMON STOCKS - 99.5%

AUTOMOBILES & COMPONENTS - 0.6%

85,020

(a) Aptiv plc

$

6,895,122

88,400

(a) BorgWarner, Inc

3,797,664

1,529,410

Ford Motor Co

20,081,153

377,949

General Motors Co

26,112,497

86,231

Gentex Corp

2,022,117

39,883

Harley-Davidson, Inc

1,076,043

20,545

Lear Corp

2,150,034

48,159

(a),(b)

Lucid Group, Inc

854,822

161,301

(a),(b)

QuantumScape Corp

2,974,391

290,580

(a),(b)

Rivian Automotive, Inc

3,943,171

21,797

Thor Industries, Inc

2,274,517

TOTAL AUTOMOBILES & COMPONENTS

72,181,531

BANKS - 7.3%

2,465,577

Bank of America Corp

131,785,091

42,098

Bank OZK

1,893,989

11,388

(a),(b)

BOK Financial Corp

1,190,957

595,354

Citigroup, Inc

60,267,685

170,691

Citizens Financial Group, Inc

8,683,051

116,779

(a) Columbia Banking System, Inc

3,129,677

50,118

Comerica, Inc

3,834,027

51,670

Commerce Bancshares, Inc

2,719,392

25,217

Cullen/Frost Bankers, Inc

3,105,221

52,844

East West Bancorp, Inc

5,368,950

264,171

Fifth Third Bancorp

10,994,797

3,851

First Citizens Bancshares, Inc (Class A)

7,027,382

57,448

(a) First Hawaiian, Inc

1,409,199

188,773

First Horizon National Corp

4,032,191

124,159

(a) FNB Corp

1,951,780

607,935

Huntington Bancshares, Inc

9,386,516

1,103,209

JPMorgan Chase & Co

343,230,384

380,718

Keycorp

6,696,830

61,697

M&T Bank Corp

11,344,227

29,031

Pinnacle Financial Partners, Inc

2,473,732

156,734

PNC Financial Services Group, Inc

28,611,792

24,289

Popular, Inc

2,707,495

35,812

Prosperity Bancshares, Inc

2,357,146

352,587

Regions Financial Corp

8,532,605

40,969

(a) SOUTHSTATE BANK CORP

3,631,902

54,135

Synovus Financial Corp

2,416,586

29,330

(a) TFS Financial Corp

390,089

512,987

Truist Financial Corp

22,894,610

618,879

US Bancorp

28,889,272

68,347

Webster Financial Corp

3,898,513

1,280,830

Wells Fargo & Co

111,393,785

31,490

Western Alliance Bancorp

2,435,752

25,601

Wintrust Financial Corp

3,328,642

54,988

Zions Bancorporation

2,865,425

TOTAL BANKS

844,878,692

CAPITAL GOODS - 10.0%

177,507

3M Co

29,554,916

47,218

A.O. Smith Corp

3,115,916

12,072

Acuity Brands, Inc

4,406,884

28,859

Advanced Drainage Systems, Inc

4,041,703

53,643

Aecom Technology Corp

7,206,937

25,839

(b) AGCO Corp

2,665,551

45,628

Air Lease Corp

2,913,804

55,874

(a) Allegheny Technologies, Inc

5,529,850

34,457

Allegion plc

5,711,937

Large Cap Value Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

26,695

Allison Transmission Holdings, Inc

$

2,203,672

90,104

Ametek, Inc

18,210,919

146,695

(a) API Group Corp

5,401,310

15,564

Applied Industrial Technologies, Inc

4,001,349

12,281

Armstrong World Industries, Inc

2,338,671

247,072

(a) Boeing Co

49,666,413

42,094

(a) Builders FirstSource, Inc

4,890,060

30,267

BWX Technologies, Inc

6,465,334

15,459

Carlisle Cos, Inc

5,024,948

15,501

Carpenter Technology Corp

4,896,766

310,062

Carrier Global Corp

18,445,588

161,242

Caterpillar, Inc

93,078,557

346,125

CNH Industrial NV

3,630,851

31,238

(a),(b)

Core & Main, Inc

1,629,999

19,174

Crane Co

3,643,060

54,608

Cummins, Inc

23,900,829

14,727

Curtiss-Wright Corp

8,773,316

96,983

Deere & Co

44,770,262

45,248

Donaldson Co, Inc

3,812,144

53,574

Dover Corp

9,721,538

155,564

Eaton Corp plc

59,357,000

11,419

EMCOR Group, Inc

7,716,732

223,658

Emerson Electric Co

31,215,947

22,207

Esab Corp

2,594,222

18,698

(a) Everus Construction Group, Inc

1,699,461

85,460

(a) Fastenal Co

3,516,679

72,738

Ferguson Enterprises, Inc

18,075,393

48,648

Flowserve Corp

3,320,226

131,561

Fortive Corp

6,622,781

45,616

Fortune Brands Innovations, Inc

2,317,293

88,664

(a) Gates Industrial Corp plc

1,957,701

22,156

(a) Generac Holdings, Inc

3,722,651

100,276

General Dynamics Corp

34,585,192

63,872

Graco, Inc

5,222,813

74,560

(a),(b)

Hayward Holdings, Inc

1,265,283

28,780

(b) Hexcel Corp

2,054,892

252,365

Honeywell International, Inc

50,808,646

21,067

Hubbell, Inc

9,901,490

15,581

Huntington Ingalls Industries, Inc

5,017,394

30,298

(a) IDEX Corp

5,194,895

76,947

Illinois Tool Works, Inc

18,768,912

160,719

Ingersoll Rand, Inc

12,267,681

30,775

ITT, Inc

5,695,529

262,034

Johnson Controls International plc

29,974,069

73,043

L3Harris Technologies, Inc

21,116,731

18,745

(a) Leonardo DRS, Inc

685,317

20,899

Lincoln Electric Holdings, Inc

4,899,771

3,145

(a),(b)

Loar Holdings, Inc

248,864

59,802

Lockheed Martin Corp

29,415,408

86,193

Masco Corp

5,581,859

20,060

(a) Mastec, Inc

4,095,450

20,280

(a) Middleby Corp

2,519,384

19,714

(a) MSC Industrial Direct Co (Class A)

1,673,916

40,651

(a) Mueller Industries, Inc

4,303,721

22,016

(a) Nordson Corp

5,106,611

53,809

Northrop Grumman Corp

31,394,861

65,157

nVent Electric plc

7,450,703

24,818

Oshkosh Corp

3,059,811

153,890

Otis Worldwide Corp

14,274,836

32,223

Owens Corning, Inc

4,102,310

202,297

PACCAR, Inc

19,906,025

51,046

Parker-Hannifin Corp

39,449,880

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

64,007

Pentair plc

$

6,807,145

12,770

Quanta Services, Inc

5,735,390

239,817

(a),(b)

QXO, Inc

4,237,566

9,309

(a) RBC Bearings, Inc

3,989,186

24,728

Regal-Beloit Corp

3,483,928

40,577

Rockwell Automation, Inc

14,946,944

531,347

RTX Corp

94,845,440

55,141

(a),(b)

Sensata Technologies Holding plc

1,755,138

14,852

Simpson Manufacturing Co, Inc

2,621,378

14,180

(a) SiteOne Landscape Supply, Inc

1,840,139

20,000

(a) Snap-On, Inc

6,711,000

46,909

(a) Spirit Aerosystems Holdings, Inc (Class A)

1,721,091

52,754

(a) StandardAero, Inc

1,524,063

59,979

Stanley Black & Decker, Inc

4,061,778

69,330

(a) Textron, Inc

5,602,557

24,021

Timken Co

1,885,889

40,383

Toro Co

3,017,822

18,091

TransDigm Group, Inc

23,672,254

38,558

(a) Trex Co, Inc

1,863,123

25,478

United Rentals, Inc

22,195,924

7,654

Valmont Industries, Inc

3,164,393

2,807

W.W. Grainger, Inc

2,748,053

14,246

Watsco, Inc

5,242,671

19,053

WESCO International, Inc

4,944,825

67,794

Westinghouse Air Brake Technologies Corp

13,859,805

46,695

(a),(b)

WillScot Mobile Mini Holdings Corp

1,015,616

22,807

Woodward Inc

5,977,943

96,978

Xylem, Inc

14,629,131

TOTAL CAPITAL GOODS

1,165,911,616

COMMERCIAL & PROFESSIONAL SERVICES - 1.0%

62,613

(a),(b)

Amentum Holdings, Inc

1,403,157

12,035

Automatic Data Processing, Inc

3,132,711

4,368

Broadridge Financial Solutions, Inc

962,707

8,765

(a) CACI International, Inc (Class A)

4,928,121

57,541

(a) Ceridian HCM Holding, Inc

3,955,368

134,976

(a),(b)

Clarivate plc

458,918

20,631

(a) Clean Harbors, Inc

4,343,032

17,255

(a),(b)

Concentrix Corp

695,549

23,637

(a) Copart, Inc

1,016,627

40,173

Equifax, Inc

8,480,520

12,995

(a) FTI Consulting, Inc

2,144,305

65,958

(a) Genpact Ltd

2,516,298

47,254

Jacobs Solutions, Inc

7,362,646

44,782

KBR, Inc

1,918,461

49,978

Leidos Holdings, Inc

9,519,310

21,463

(b) Manpower, Inc

658,056

13,829

MSA Safety, Inc

2,171,568

19,607

(a) Parsons Corp

1,630,126

88,284

Paychex, Inc

10,331,877

8,989

Paycom Software, Inc

1,681,752

1,524

(a) Paylocity Holding Corp

215,296

69,752

RB Global, Inc

6,920,793

80,858

Republic Services, Inc

16,837,870

43,197

Robert Half International, Inc

1,131,329

18,439

Science Applications International Corp

1,727,919

82,323

SS&C Technologies Holdings, Inc

6,990,869

81,216

Tetra Tech, Inc

2,597,288

78,436

TransUnion

6,367,434

55,197

Veralto Corp

5,446,840

Large Cap Value Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

COMMERCIAL & PROFESSIONAL SERVICES

(continued)

22,858

Verisk Analytics, Inc

$

5,000,416

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

122,547,163

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 4.3%

1,047,598

(a) Amazon.com, Inc

255,844,384

11,808

(a) Autonation, Inc

2,360,065

5,629

(a) Autozone, Inc

20,683,367

84,040

Bath & Body Works, Inc

2,057,299

74,330

Best Buy Co, Inc

6,105,466

65,075

(a),(b)

Carmax, Inc

2,727,293

24,842

Dick's Sporting Goods, Inc

5,501,261

1,317

(b) Dillard's, Inc (Class A)

790,305

183,484

eBay, Inc

14,919,084

17,347

(a) Etsy, Inc

1,075,514

21,993

(a) Five Below, Inc

3,458,839

28,571

(a),(b)

Floor & Decor Holdings, Inc

1,785,116

165,029

(a) GameStop Corp (Class A)

3,678,497

91,199

Gap, Inc

2,083,897

54,122

Genuine Parts Co

6,890,272

93,939

Home Depot, Inc

35,658,305

9,277

(b) Lithia Motors, Inc (Class A)

2,913,720

104,044

LKQ Corp

3,325,246

222,379

Lowe's Cos, Inc

52,955,111

105,482

Macy's, Inc

2,055,844

23,513

(a),(b)

Ollie's Bargain Outlet Holdings, Inc

2,840,606

29,689

(a) O'Reilly Automotive, Inc

2,803,829

7,409

(a) Penske Auto Group, Inc

1,185,959

11,937

Pool Corp

3,187,895

4,705

(a) RH

811,566

100,573

Ross Stores, Inc

15,983,061

221,724

TJX Cos, Inc

31,072,401

13,181

(a) Ulta Beauty, Inc

6,852,538

5,919

(a) Valvoline, Inc

195,386

29,937

(a),(b)

Wayfair, Inc

3,098,779

39,432

Williams-Sonoma, Inc

7,663,215

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

502,564,120

CONSUMER DURABLES & APPAREL - 1.1%

63,994

(a) Amer Sports, Inc

1,998,533

16,927

(a) BK LC Lux Finco 2 Sarl

675,557

23,177

Brunswick Corp

1,532,231

10,015

(b) Columbia Sportswear Co

497,044

20,673

(a),(b)

Crocs, Inc

1,688,777

104,521

DR Horton, Inc

15,581,991

65,264

(a) Garmin Ltd

13,962,580

50,234

Hasbro, Inc

3,833,357

88,008

(a) Lennar Corp (Class A)

10,892,750

6,614

(a),(b)

Lennar Corp (Class B)

780,783

18,308

(a) Lululemon Athletica, Inc

3,122,246

128,656

(a) Mattel, Inc

2,364,697

19,025

(a) Mohawk Industries, Inc

2,162,001

156,072

Newell Rubbermaid, Inc

530,645

459,239

Nike, Inc (Class B)

29,662,247

1,109

(a) NVR, Inc

7,996,799

78,451

Pulte Homes, Inc

9,403,921

20,153

PVH Corp

1,578,584

13,844

Ralph Lauren Corp

4,425,373

26,948

(a),(b)

SharkNinja Global SPV Ltd

2,304,054

6,994

Tapestry, Inc

768,081

37,488

Toll Brothers, Inc

5,059,006

10,599

(a) TopBuild Corp

4,477,865

84,897

(a),(b)

Under Armour, Inc (Class A)

391,375

77,183

(a),(b)

Under Armour, Inc (Class C)

342,693

135,939

(b) VF Corp

1,908,584

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CONSUMER DURABLES & APPAREL

(continued)

23,731

(b) Whirlpool Corp

$

1,699,852

30,517

(a),(b)

YETI Holdings, Inc

1,037,273

TOTAL CONSUMER DURABLES & APPAREL

130,678,899

CONSUMER SERVICES - 1.6%

200,212

ADT, Inc

1,769,874

104,082

Aramark

3,942,626

816

Booking Holdings, Inc

4,143,436

23,540

Boyd Gaming Corp

1,833,060

20,214

(a) Bright Horizons Family Solutions, Inc

2,207,975

78,725

(a),(b)

Caesars Entertainment, Inc

1,582,372

293,984

(a) Carnival Corp

8,475,559

7,678

(b) Choice Hotels International, Inc

713,747

4,170

Churchill Downs, Inc

413,664

2,396

Darden Restaurants, Inc

431,639

8,974

Domino's Pizza, Inc

3,575,780

11,349

(a) Flutter Entertainment plc

2,639,664

8,199

(a) Grand Canyon Education, Inc

1,543,872

48,466

H&R Block, Inc

2,410,699

16,431

(b) Hyatt Hotels Corp

2,257,784

20,386

Marriott International, Inc (Class A)

5,312,184

267,813

McDonald's Corp

79,923,434

83,692

(a) MGM Resorts International

2,680,655

17,600

(a) Norwegian Cruise Line Holdings Ltd

394,592

59,952

(a),(b)

Penn National Gaming, Inc

986,810

47,919

(b) Restaurant Brands International, Inc

3,147,799

52,742

Service Corp International

4,404,484

391,799

Starbucks Corp

31,684,785

17,244

Travel & Leisure Co

1,082,578

2,604

(b) Vail Resorts, Inc

386,251

60,629

(b) Wendy's Co

517,772

3,226

Wyndham Hotels & Resorts, Inc

236,885

31,218

(a) Wynn Resorts Ltd

3,714,630

73,878

Yum! Brands, Inc

10,210,678

TOTAL CONSUMER SERVICES

182,625,288

CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.1%

170,727

(a),(b)

Albertsons Cos, Inc

3,020,161

45,742

(a) BJ's Wholesale Club Holdings, Inc

4,037,189

12,460

Casey's General Stores, Inc

6,394,347

87,870

(a) Dollar General Corp

8,669,254

79,734

(a) Dollar Tree, Inc

7,903,234

240,371

Kroger Co

15,294,807

66,186

(a) Maplebear, Inc

2,439,616

52,697

(a) Performance Food Group Co

5,097,908

87,661

Sysco Corp

6,511,459

180,977

Target Corp

16,780,188

91,712

(a) US Foods Holding Corp

6,660,125

1,555,473

Walmart, Inc

157,382,758

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

240,191,046

ENERGY - 5.8%

139,621

Antero Midstream Corp

2,408,462

108,880

(a) Antero Resources Corp

3,365,481

132,943

(a) APA Corp

3,011,159

394,929

Baker Hughes Co

19,118,513

308,456

(a) Cabot Oil & Gas Corp

7,298,069

48,091

Cheniere Energy, Inc

10,195,292

86,395

Chesapeake Energy Corp

8,925,467

762,770

Chevron Corp

120,304,084

23,254

Chord Energy Corp

2,109,603

46,069

(b) Civitas Resources, Inc

1,328,169

502,245

ConocoPhillips

44,629,491

244,376

Devon Energy Corp

7,939,776

75,516

Diamondback Energy, Inc

10,813,136

Large Cap Value Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

ENERGY

(continued)

42,574

DT Midstream, Inc

$

4,661,427

217,069

EOG Resources, Inc

22,974,583

250,782

EQT Corp

13,436,900

1,721,061

Exxon Mobil Corp

196,820,536

335,939

Halliburton Co

9,016,603

52,971

HF Sinclair Corp

2,733,304

773,728

Kinder Morgan, Inc

20,263,936

121,924

Marathon Petroleum Corp

23,764,207

46,549

Matador Resources Co

1,836,824

160,338

NOV, Inc

2,340,935

276,830

(a) Occidental Petroleum Corp

11,405,396

244,996

ONEOK, Inc

16,414,732

107,046

Ovintiv, Inc

4,015,296

260,312

Permian Resources Corp

3,269,519

150,522

Phillips 66

20,492,065

100,186

Range Resources Corp

3,561,612

546,558

Schlumberger Ltd

19,708,882

162,104

TechnipFMC plc

6,703,000

124,052

Valero Energy Corp

21,034,257

66,156

(a) Viper Energy, Inc

2,484,819

26,509

Weatherford International plc

1,953,448

457,598

Williams Cos, Inc

26,481,196

TOTAL ENERGY

676,820,179

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 3.7%

45,809

Agree Realty Corp

3,344,515

65,960

Alexandria Real Estate Equities, Inc

3,840,191

135,275

American Homes 4 Rent

4,274,690

117,880

Americold Realty Trust, Inc

1,519,473

56,304

AvalonBay Communities, Inc

9,792,392

60,556

Boston Properties, Inc

4,310,982

113,821

Brixmor Property Group, Inc

2,977,557

44,349

Camden Property Trust

4,411,839

56,451

Cousins Properties, Inc

1,463,774

172,959

Crown Castle, Inc

15,604,361

88,526

CubeSmart

3,334,774

133,864

Digital Realty Trust, Inc

22,811,764

21,182

EastGroup Properties, Inc

3,696,894

28,322

EPR Properties

1,388,344

38,790

Equinix, Inc

32,816,728

77,430

Equity Lifestyle Properties, Inc

4,727,101

149,736

Equity Residential

8,900,308

24,887

Essex Property Trust, Inc

6,265,800

83,619

Extra Space Storage, Inc

11,166,481

34,034

Federal Realty Investment Trust

3,273,730

52,279

First Industrial Realty Trust, Inc

2,889,983

108,452

Gaming and Leisure Properties, Inc

4,843,466

147,618

Healthcare Realty Trust, Inc

2,615,791

283,155

Healthpeak Properties, Inc

5,082,632

45,903

Highwoods Properties, Inc

1,314,203

260,225

Host Hotels & Resorts Inc

4,168,805

249,941

Invitation Homes, Inc

7,035,839

116,404

Iron Mountain, Inc

11,983,792

44,162

Kilroy Realty Corp

1,865,845

267,829

Kimco Realty Corp

5,533,347

35,679

Lineage, Inc

1,405,753

263,863

(a) Medical Properties Trust, Inc

1,364,172

45,430

Mid-America Apartment Communities, Inc

5,825,489

45,991

(a) Millrose Properties, Inc

1,481,370

76,647

National Retail Properties, Inc

3,101,138

34,018

National Storage Affiliates Trust

989,584

114,191

Omega Healthcare Investors, Inc

4,799,448

75,680

Park Hotels & Resorts, Inc

778,747

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

(continued)

368,251

Prologis, Inc

$

45,696,267

53,621

Public Storage, Inc

14,936,666

72,037

(a) Rayonier, Inc

1,589,857

357,965

Realty Income Corp

20,754,811

68,919

Regency Centers Corp

4,751,965

97,267

Rexford Industrial Realty, Inc

4,019,072

42,414

SBA Communications Corp

8,121,433

98,839

Simon Property Group, Inc

17,371,943

67,987

STAG Industrial, Inc

2,601,862

41,730

Sun Communities, Inc

5,283,018

127,572

UDR, Inc

4,297,901

177,880

Ventas, Inc

13,125,765

412,064

VICI Properties, Inc

12,357,799

71,051

Vornado Realty Trust

2,695,675

265,612

Welltower, Inc

48,086,396

296,067

Weyerhaeuser Co

6,809,541

87,650

WP Carey, Inc

5,784,900

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

435,285,973

FINANCIAL SERVICES - 11.1%

11,428

Affiliated Managers Group, Inc

2,719,407

43,765

(a) Affirm Holdings, Inc

3,145,828

408,052

AGNC Investment Corp

4,080,520

94,249

Ally Financial, Inc

3,672,884

146,558

American Express Co

52,867,867

3,875

Ameriprise Financial, Inc

1,754,484

254,264

Annaly Capital Management, Inc

5,382,769

48,567

Apollo Global Management, Inc

6,037,364

259,367

Bank of New York Mellon Corp

27,993,480

732,653

(a) Berkshire Hathaway, Inc

349,871,114

60,570

BlackRock, Inc

65,585,802

138,259

(a) Block, Inc

10,499,388

100,947

(a) Brookfield Asset Management Ltd

5,457,195

249,523

Capital One Financial Corp

54,892,565

101,432

(a) Carlyle Group, Inc

5,408,354

41,994

Cboe Global Markets, Inc

10,315,406

618,445

Charles Schwab Corp

58,455,421

142,732

CME Group, Inc

37,893,919

75,305

(a) Coinbase Global, Inc

25,888,353

109,047

Corebridge Financial, Inc

3,550,570

1,570

(a),(b)

Credit Acceptance Corp

702,324

15,211

(a),(b)

Euronet Worldwide, Inc

1,153,906

15,151

Evercore Partners, Inc (Class A)

4,462,879

14,500

Factset Research Systems, Inc

3,868,600

211,033

Fidelity National Information Services, Inc

13,193,783

157,981

(a) Fiserv, Inc

10,535,753

123,141

Franklin Resources, Inc

2,784,218

1,074

(a),(b)

Freedom Holding Corp

165,031

95,848

(a) Global Payments, Inc

7,453,141

112,916

Goldman Sachs Group, Inc

89,132,503

5,675

(a) Hamilton Lane, Inc

646,723

13,671

(a),(b)

Houlihan Lokey, Inc

2,448,203

163,362

Interactive Brokers Group, Inc (Class A)

11,494,150

226,325

Intercontinental Exchange, Inc

33,109,084

141,087

Invesco Ltd

3,343,762

29,290

Jack Henry & Associates, Inc

4,362,453

47,393

Janus Henderson Group plc

2,064,439

47,268

Jefferies Financial Group, Inc

2,497,168

202,686

KKR & Co, Inc

23,983,834

30,780

(b) Lazard, Inc

1,502,064

14,953

MarketAxess Holdings, Inc

2,393,377

95,296

MGIC Investment Corp

2,613,016

457,294

Morgan Stanley

74,996,216

Large Cap Value Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

FINANCIAL SERVICES

(continued)

3,083

Morningstar, Inc

$

654,521

15,017

MSCI, Inc (Class A)

8,838,255

164,913

Nasdaq Stock Market, Inc

14,098,412

73,534

(a) Northern Trust Corp

9,461,620

44,836

OneMain Holdings, Inc

2,653,843

379,688

(a) PayPal Holdings, Inc

26,300,988

72,949

Raymond James Financial, Inc

11,574,818

226,233

(a) Rithm Capital Corp

2,481,776

254,554

(a) Robinhood Markets, Inc

37,363,436

374,236

(a) Rocket Cos, Inc

6,234,772

121,910

S&P Global, Inc

59,395,771

43,102

SEI Investments Co

3,474,452

73,670

(b) SLM Corp

1,978,040

393,046

(a),(b)

SoFi Technologies, Inc

11,665,605

155,400

Starwood Property Trust, Inc

2,825,172

111,862

State Street Corp

12,937,959

38,886

Stifel Financial Corp

4,605,269

145,967

Synchrony Financial

10,857,025

86,118

T Rowe Price Group, Inc

8,829,679

3,248

(a) TPG, Inc

178,770

41,242

Tradeweb Markets, Inc

4,346,494

41,524

(a) UWM Holdings Corp

233,780

30,117

Virtu Financial, Inc

1,049,276

40,101

Voya Financial, Inc

2,985,920

156,308

(a),(b)

Western Union Co

1,458,354

12,736

(a),(b)

WEX, Inc

1,857,928

158,968

(a) XP, Inc

2,896,397

TOTAL FINANCIAL SERVICES

1,285,617,649

FOOD, BEVERAGE & TOBACCO - 3.5%

669,528

Altria Group, Inc

37,747,989

188,991

Archer-Daniels-Midland Co

11,439,625

3,106

(a) Boston Beer Co, Inc (Class A)

642,911

20,866

(a) Brown-Forman Corp (Class A)

565,886

60,331

(b) Brown-Forman Corp (Class B)

1,642,813

54,141

Bunge Global S.A.

5,121,738

81,726

Campbell Soup Co

2,462,404

789,152

Coca-Cola Co

54,372,573

17,229

Coca-Cola Consolidated Inc

2,246,317

205,889

ConAgra Brands, Inc

3,539,232

56,727

(a) Constellation Brands, Inc (Class A)

7,452,793

55,657

(a) Darling International, Inc

1,783,807

74,259

(a) Flowers Foods, Inc

885,910

13,586

(a) Freshpet, Inc

668,567

216,788

(a) General Mills, Inc

10,104,489

50,420

(a) Hershey Co

8,552,745

111,939

Hormel Foods Corp

2,416,763

25,518

Ingredion, Inc

2,945,032

42,334

(a) J.M. Smucker Co

4,383,686

110,854

Kellogg Co

9,207,533

506,027

Keurig Dr Pepper, Inc

13,743,693

335,018

(a) Kraft Heinz Co

8,284,995

55,889

Lamb Weston Holdings, Inc

3,450,028

98,630

McCormick & Co, Inc

6,328,101

68,565

(a) Molson Coors Brewing Co (Class B)

2,997,662

513,844

Mondelez International, Inc

29,525,476

469,462

PepsiCo, Inc

68,583,703

618,791

Philip Morris International, Inc

89,310,105

19,989

(a),(b)

Pilgrim's Pride Corp

761,581

20,325

(a) Post Holdings, Inc

2,112,377

104,879

Primo Brands Corp

2,304,192

(a) Seaboard Corp

357,218

26,510

(a) Smithfield Foods, Inc

587,462

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

FOOD, BEVERAGE & TOBACCO

(continued)

107,860

Tyson Foods, Inc (Class A)

$

5,545,083

TOTAL FOOD, BEVERAGE & TOBACCO

402,074,489

HEALTH CARE EQUIPMENT & SERVICES - 5.5%

687,649

Abbott Laboratories

85,007,169

33,886

(a),(b)

Acadia Healthcare Co, Inc

728,549

28,000

(a) Align Technology, Inc

3,860,640

207,361

Baxter International, Inc

3,829,958

113,750

Becton Dickinson & Co

20,328,263

484,783

(a) Boston Scientific Corp

48,827,344

48,058

Cardinal Health, Inc

9,168,025

190,877

(a) Centene Corp

6,751,319

46,115

(a),(b)

Certara, Inc

536,317

5,142

Chemed Corp

2,217,745

96,259

Cigna Group

23,526,662

79,363

(a) Cooper Cos, Inc

5,548,267

497,386

CVS Health Corp

38,870,716

76,411

(a) Dentsply Sirona, Inc

963,543

229,126

(a) Edwards Lifesciences Corp

18,891,439

89,746

Elevance Health, Inc

28,467,431

39,584

Encompass Health Corp

4,506,638

58,488

(a) Envista Holdings Corp

1,190,231

182,676

GE HealthCare Technologies, Inc

13,691,566

41,507

(a) Globus Medical, Inc

2,506,608

53,454

HCA, Inc

24,571,735

44,750

(a) Henry Schein, Inc

2,828,200

89,096

(a) Hologic, Inc

6,585,085

47,997

Humana, Inc

13,352,285

32,888

Labcorp Holdings, Inc

8,352,236

3,828

McKesson Corp

3,105,810

508,925

Medtronic plc

46,159,498

9,298

(a) Molina Healthcare, Inc

1,423,152

43,718

Quest Diagnostics, Inc

7,692,182

44,966

(a) Resmed, Inc

11,101,206

57,964

(a) Solventum Corp

4,001,835

38,853

STERIS plc

9,157,652

101,435

Stryker Corp

36,135,204

17,106

(a) Teleflex, Inc

2,129,184

33,760

(a) Tenet Healthcare Corp

6,971,102

361,444

UnitedHealth Group, Inc

123,454,813

20,826

(a) Universal Health Services, Inc (Class B)

4,519,450

11,771

(a) Veeva Systems, Inc

3,427,715

77,776

Zimmer Biomet Holdings, Inc

7,821,155

TOTAL HEALTH CARE EQUIPMENT & SERVICES

642,207,929

HOUSEHOLD & PERSONAL PRODUCTS - 1.7%

50,203

(a) BellRing Brands, Inc

1,512,616

97,740

Church & Dwight Co, Inc

8,570,821

47,654

Clorox Co

5,359,169

169,822

Colgate-Palmolive Co

13,084,785

173,573

(a),(b)

Coty, Inc

689,085

22,736

(a),(b)

elf Beauty, Inc

2,776,975

92,613

Estee Lauder Cos (Class A)

8,954,751

742,654

Kenvue, Inc

10,671,938

85,552

Kimberly-Clark Corp

10,241,430

932,730

Procter & Gamble Co

140,254,610

32,677

(a),(b)

Reynolds Consumer Products, Inc

798,626

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

202,914,806

INSURANCE - 3.5%

194,044

Aflac, Inc

20,799,576

105,090

Allstate Corp

20,126,837

27,975

American Financial Group, Inc

3,683,748

226,146

American International Group, Inc

17,856,488

5,989

Aon plc

2,040,333

Large Cap Value Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

INSURANCE

(continued)

145,214

Arch Capital Group Ltd

$

12,533,420

20,613

Assurant, Inc

4,364,184

21,875

(a) Assured Guaranty Ltd

1,762,688

30,984

Axis Capital Holdings Ltd

2,901,962

25,993

(a) Brighthouse Financial, Inc

1,483,421

97,372

(a) Brown & Brown, Inc

7,764,443

147,567

Chubb Ltd

40,867,205

60,716

(a) Cincinnati Financial Corp

9,386,086

11,007

(b) CNA Financial Corp

490,362

14,599

Everest Re Group Ltd

4,591,678

106,760

Fidelity National Financial, Inc

5,897,422

41,114

First American Financial Corp

2,570,036

93,568

Gallagher (Arthur J.) & Co

23,344,280

34,984

(a) Globe Life, Inc

4,600,746

16,040

Hanover Insurance Group, Inc

2,740,915

111,288

Hartford Financial Services Group, Inc

13,819,744

29,014

Kemper Corp

1,305,340

70,149

Lincoln National Corp

2,946,258

69,922

(a) Loews Corp

6,961,434

3,859

(a) Markel Corp

7,619,711

172,406

Marsh & McLennan Cos, Inc

30,714,129

224,294

Metlife, Inc

17,903,147

92,500

Old Republic International Corp

3,650,050

13,959

Primerica, Inc

3,627,525

86,485

Principal Financial Group

7,268,199

220,902

Progressive Corp

45,505,812

141,329

Prudential Financial, Inc

14,698,216

25,067

Reinsurance Group of America, Inc (Class A)

4,573,725

18,286

RenaissanceRe Holdings Ltd

4,646,290

30,888

RLI Corp

1,821,157

89,737

Travelers Cos, Inc

24,105,153

66,582

Unum Group

4,888,450

118,841

W.R. Berkley Corp

8,478,117

1,126

(b) White Mountains Insurance Group Ltd

2,144,535

39,403

Willis Towers Watson plc

12,337,079

TOTAL INSURANCE

408,819,901

MATERIALS - 3.9%

87,214

Air Products & Chemicals, Inc

21,157,244

45,713

(a),(b)

Albemarle Corp

4,490,388

99,677

(a) Alcoa Corp

3,667,117

889,188

Amcor plc

7,024,585

171,397

(a) AngloGold Ashanti PLC

11,654,996

24,532

Aptargroup, Inc

2,845,957

16,394

(a) Ashland, Inc

801,667

31,776

Avery Dennison Corp

5,557,305

91,513

(a) Axalta Coating Systems Ltd

2,605,375

109,379

Ball Corp

5,140,813

41,253

(a) Celanese Corp (Series A)

1,585,765

64,164

CF Industries Holdings, Inc

5,344,219

186,784

(a) Cleveland-Cliffs, Inc

2,321,725

268,397

Corteva, Inc

16,490,312

268,986

CRH plc

32,036,233

44,046

Crown Holdings, Inc

4,280,390

275,149

Dow, Inc

6,562,304

162,561

DuPont de Nemours, Inc

13,273,106

11,600

(a) Eagle Materials, Inc

2,462,912

45,170

Eastman Chemical Co

2,688,518

73,337

Ecolab, Inc

18,803,607

83,997

Element Solutions, Inc

2,244,400

45,122

(b) FMC Corp

684,501

567,728

Freeport-McMoRan, Inc (Class B)

23,674,258

117,697

Graphic Packaging Holding Co

1,881,975

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

MATERIALS

(continued)

46,545

(a) Huntsman Corp

$

385,393

99,257

International Flavors & Fragrances, Inc

6,250,213

207,460

International Paper Co

8,016,254

18,959

(a) James Hardie Industries plc

396,812

186,430

Linde plc

77,983,669

26,981

Louisiana-Pacific Corp

2,350,315

98,583

LyondellBasell Industries NV

4,576,223

23,902

Martin Marietta Materials, Inc

14,654,316

127,619

Mosaic Co

3,503,141

51,278

(a),(b)

MP Materials Corp

3,235,129

2,374

NewMarket Corp

1,822,995

436,084

Newmont Goldcorp Corp

35,309,721

91,414

Nucor Corp

13,716,671

45,035

Olin Corp

932,224

34,408

Packaging Corp of America

6,735,710

89,776

PPG Industries, Inc

8,775,604

21,799

Reliance Steel & Aluminum Co

6,156,692

32,351

Royal Gold, Inc

5,654,631

49,474

RPM International, Inc

5,406,519

18,203

Scotts Miracle-Gro Co (Class A)

974,224

58,982

(b) Sealed Air Corp

1,976,487

8,950

Sherwin-Williams Co

3,087,213

31,151

(b) Silgan Holdings, Inc

1,203,052

205,344

Smurfit WestRock plc

7,581,300

63,091

(a) Solstice Advanced Materials, Inc

2,843,511

47,119

Sonoco Products Co

1,911,618

32,634

Southern Copper Corp

4,529,599

49,680

Steel Dynamics, Inc

7,789,824

52,222

Vulcan Materials Co

15,118,269

12,839

Westlake Chemical Corp

883,452

TOTAL MATERIALS

453,040,453

MEDIA & ENTERTAINMENT - 6.6%

667,357

Alphabet, Inc

188,074,550

819,606

Alphabet, Inc (Class A)

230,465,011

35,014

(a) Charter Communications, Inc

8,187,674

1,453,019

Comcast Corp (Class A)

40,444,784

27,079

(a) DoubleVerify Holdings, Inc

308,159

99,983

Electronic Arts, Inc

20,002,599

81,946

Fox Corp (Class A)

5,297,809

60,382

Fox Corp (Class B)

3,526,913

31,137

(a) IAC, Inc

1,003,234

146,722

Interpublic Group of Cos, Inc

3,764,886

35,709

(a) Liberty Broadband Corp

1,921,858

4,845

(a) Liberty Broadband Corp (Class A)

259,159

6,403

(a) Liberty Media Corp-Liberty Formula One (Class A)

582,545

58,184

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

5,809,672

8,510

(a) Liberty Media Corp-Liberty Live (Class A)

746,667

17,634

(a) Liberty Media Corp-Liberty Live (Class C)

1,594,290

6,999

(a) Madison Square Garden Sports Corp

1,500,516

99,850

Match Group, Inc

3,229,149

154,671

Meta Platforms, Inc

100,280,943

61,504

New York Times Co (Class A)

3,505,113

142,993

News Corp (Class A)

3,789,314

45,712

(b) News Corp (Class B)

1,392,845

10,825

(a) Nexstar Media Group, Inc

2,118,777

9,400

(a) NIQ Global Intelligence PLC

116,560

78,590

(b) Omnicom Group, Inc

5,895,822

111,716

(a) Pinterest, Inc

3,697,800

46,268

(a) Roku, Inc

4,910,423

76,130

(b) Sirius XM Holdings, Inc

1,651,260

48,217

(a) Take-Two Interactive Software, Inc

12,361,392

16,116

(a) TKO Group Holdings, Inc

3,036,254

Large Cap Value Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

MEDIA & ENTERTAINMENT

(continued)

38,141

(a) Trump Media & Technology Group Corp

$

584,511

719,234

Walt Disney Co

81,000,133

925,973

(a) Warner Bros Discovery, Inc

20,788,094

98,984

(a),(b)

ZoomInfo Technologies, Inc

1,110,600

TOTAL MEDIA & ENTERTAINMENT

762,959,316

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.3%

110,959

Agilent Technologies, Inc

16,239,959

56,337

Amgen, Inc

16,812,651

265,213

(a) Avantor, Inc

3,134,818

57,163

(a) Biogen, Inc

8,818,536

74,490

(a) BioMarin Pharmaceutical, Inc

3,990,429

7,186

(a),(b)

Bio-Rad Laboratories, Inc (Class A)

2,296,286

60,921

Bio-Techne Corp

3,811,827

653,114

Bristol-Myers Squibb Co

30,088,962

42,197

(b) Bruker BioSciences Corp

1,643,151

4,429

(a) Caris Life Sciences, Inc

133,224

19,599

(a) Charles River Laboratories International, Inc

3,529,192

253,328

Danaher Corp

54,561,785

202,823

(a),(b)

Elanco Animal Health, Inc

4,492,529

71,265

(a) Exact Sciences Corp

4,610,133

20,367

(a) Exelixis, Inc

787,592

361,397

Gilead Sciences, Inc

43,291,747

61,166

(a) Illumina, Inc

7,556,448

48,237

(a) Incyte Corp

4,509,195

4,575

(a) Insmed, Inc

867,420

2,299

(a) Ionis Pharmaceuticals, Inc

170,816

66,315

(a) IQVIA Holdings, Inc

14,354,545

22,941

(a) Jazz Pharmaceuticals plc

3,157,599

955,823

Johnson & Johnson

180,526,290

1,000,616

Merck & Co, Inc

86,032,964

8,208

(a) Mettler-Toledo International, Inc

11,624,908

140,384

(a) Moderna, Inc

3,812,829

5,712

(a) Neurocrine Biosciences, Inc

818,015

102,173

(b) Organon & Co

689,668

49,077

PerkinElmer, Inc

4,593,116

66,153

(a),(b)

Perrigo Co plc

1,372,013

2,254,897

Pfizer, Inc

55,583,211

80,008

(a),(b)

QIAGEN NV

3,748,375

41,403

(a) Regeneron Pharmaceuticals, Inc

26,986,475

17,728

(a) Repligen Corp

2,642,536

70,798

(a) REVOLUTION Medicines, Inc

4,165,754

154,759

(a) Roivant Sciences Ltd

3,093,632

156,270

Royalty Pharma plc

5,866,376

6,356

(a) Sarepta Therapeutics, Inc

152,608

75,013

(a) Sotera Health Co

1,245,216

149,977

Thermo Fisher Scientific, Inc

85,095,450

17,483

(a) United Therapeutics Corp

7,787,453

444,045

Viatris, Inc

4,600,306

40,995

(a),(b)

Viking Therapeutics, Inc

1,561,090

10,591

(a) Waters Corp

3,702,614

27,842

West Pharmaceutical Services, Inc

7,853,393

37,768

Zoetis, Inc

5,441,991

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

737,855,127

REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.3%

105,616

(a) CBRE Group, Inc

16,099,047

147,124

(a) CoStar Group, Inc

10,123,603

9,872

(a) Howard Hughes Holdings, Inc

782,652

14,081

(a) Jones Lang LaSalle, Inc

4,295,972

19,256

(a) Zillow Group, Inc (Class A)

1,377,382

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

REAL ESTATE MANAGEMENT & DEVELOPMENT

(continued)

66,694

(a) Zillow Group, Inc (Class C)

$

5,000,716

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

37,679,372

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.6%

265,477

(a) Advanced Micro Devices, Inc

67,993,969

47,890

(a),(b)

Allegro MicroSystems, Inc

1,432,869

48,317

(a) Amkor Technology, Inc

1,559,673

196,941

Analog Devices, Inc

46,109,796

227,984

Applied Materials, Inc

53,143,070

20,427

(a) Cirrus Logic, Inc

2,709,642

47,306

Entegris, Inc

4,331,810

40,287

(a) First Solar, Inc

10,754,212

43,195

(a),(b)

GLOBALFOUNDRIES, Inc

1,537,742

1,735,872

Intel Corp

69,417,521

7,820

(a) Lattice Semiconductor Corp

570,547

19,433

(a) MACOM Technology Solutions Holdings, Inc

2,878,610

319,279

Marvell Technology, Inc

29,929,214

205,364

Microchip Technology, Inc

12,818,821

443,828

Micron Technology, Inc

99,315,392

24,419

(a) MKS Instruments, Inc

3,509,255

166,704

(a) ON Semiconductor Corp

8,348,536

15,595

(a) Onto Innovation, Inc

2,104,701

32,808

(a) Qorvo, Inc

3,114,135

330,902

QUALCOMM, Inc

59,860,172

58,124

Skyworks Solutions, Inc

4,517,397

63,143

Teradyne, Inc

11,476,872

213,195

Texas Instruments, Inc

34,422,465

17,943

Universal Display Corp

2,642,645

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

534,499,066

SOFTWARE & SERVICES - 3.7%

248,575

Accenture plc

62,168,607

58,614

(a) Akamai Technologies, Inc

4,401,911

41,259

Amdocs Ltd

3,476,483

411,082

(a),(b)

Aurora Innovation, Inc

2,154,070

35,700

(a) BILL Holdings, Inc

1,772,862

229,570

(a),(b)

CCC Intelligent Solutions Holdings, Inc

2,001,850

15,655

(a),(b)

Circle Internet Group, Inc

1,987,872

192,682

Cognizant Technology Solutions Corp (Class A)

14,042,664

20,053

(a) DocuSign, Inc

1,466,676

22,677

Dolby Laboratories, Inc (Class A)

1,503,939

49,012

(a) Dropbox, Inc

1,421,348

76,594

(a) DXC Technology Co

1,087,635

20,930

(a) EPAM Systems, Inc

3,422,892

1,586

(a) Fair Isaac Corp

2,632,015

189,825

Gen Digital, Inc

5,003,787

15,923

(a) Globant S.A.

980,538

44,783

(a) Informatica, Inc

1,113,753

369,570

International Business Machines Corp

113,609,514

88,355

(a) Kyndryl Holdings, Inc

2,555,227

99,048

(a),(b)

MicroStrategy, Inc (Class A)

26,694,426

28,313

(a) MongoDB, Inc

10,187,584

37,435

(a),(b)

nCino OpCo, Inc

998,766

76,059

(a) Nutanix, Inc

5,418,443

39,184

(a) Okta, Inc

3,586,512

23,738

Pegasystems, Inc

1,510,924

41,373

(a) PTC, Inc

8,214,195

41,985

Roper Industries, Inc

18,731,608

20,621

(a) Rubrik, Inc

1,552,143

24,560

(a),(b)

SailPoint, Inc

532,461

329,239

Salesforce, Inc

85,737,128

33,119

(a) SentinelOne, Inc

591,174

19,314

(a) Synopsys, Inc

8,765,079

30,031

(a) Teradata Corp

626,146

Large Cap Value Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

SOFTWARE & SERVICES

(continued)

45,024

(a) Twilio, Inc

$

6,072,837

2,726

(a) Tyler Technologies, Inc

1,298,285

155,988

(a),(b)

UiPath, Inc

2,473,970

122,177

(a) Unity Software, Inc

4,630,508

33,425

VeriSign, Inc

8,015,315

102,724

(a) Zoom Video Communications, Inc

8,960,615

TOTAL SOFTWARE & SERVICES

431,401,762

TECHNOLOGY HARDWARE & EQUIPMENT - 3.0%

19,431

(a) Arrow Electronics, Inc

2,167,528

36,057

Avnet, Inc

1,746,962

47,928

CDW Corp

7,638,285

55,922

(a) Ciena Corp

10,620,706

1,580,570

Cisco Systems, Inc

115,555,473

69,691

Cognex Corp

2,884,511

58,811

(a) Coherent Corp

7,760,700

309,790

Corning, Inc

27,596,093

21,764

Crane NXT Co

1,376,573

101,807

Dell Technologies, Inc

16,493,752

22,386

(a) F5 Networks, Inc

5,664,777

149,197

(a) Flextronics International Ltd

9,327,796

519,270

Hewlett Packard Enterprise Co

12,680,573

372,844

HP, Inc

10,316,593

5,656

(a),(b)

Ingram Micro Holding Corp

129,862

8,327

(a) IPG Photonics Corp

708,794

15,108

Jabil Inc

3,337,206

66,141

(a) Keysight Technologies, Inc

12,101,157

9,838

(a) Littelfuse, Inc

2,393,684

24,031

(a) Lumentum Holdings, Inc

4,843,688

37,721

Motorola Solutions, Inc

15,341,508

48,616

NetApp, Inc

5,725,992

15,909

(a) Pure Storage, Inc

1,570,218

46,227

(a) Ralliant Corp

2,030,290

54,437

(a) SanDisk Corp

10,850,927

110,408

(a) Super Micro Computer, Inc

5,736,800

29,161

TD SYNNEX Corp

4,563,405

17,773

(a) Teledyne Technologies, Inc

9,363,172

93,146

(a) Trimble Inc

7,428,394

57,307

Vontier Corp

2,206,320

137,369

(a) Western Digital Corp

20,634,198

19,777

(a) Zebra Technologies Corp (Class A)

5,324,957

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

346,120,894

TELECOMMUNICATION SERVICES - 1.6%

5,354

(a),(b)

AST SpaceMobile, Inc

429,659

2,784,947

AT&T, Inc

68,927,438

105,454

(a) Frontier Communications Parent, Inc

3,981,943

43,240

(a),(c)

GCI Liberty, Inc

969

(a) GCI Liberty, Inc

35,436

7,141

(a) GCI Liberty, Inc

261,539

35,000

Iridium Communications, Inc

670,250

71,090

(a) Liberty Global Ltd

781,990

44,607

(a),(b)

Liberty Global Ltd

497,368

42,087

(a) Millicom International Cellular S.A.

1,982,719

180,059

T-Mobile US, Inc

37,821,393

1,676,252

Verizon Communications, Inc

66,614,255

TOTAL TELECOMMUNICATION SERVICES

182,004,422

TRANSPORTATION - 2.1%

41,535

(a),(b)

Alaska Air Group, Inc

1,733,256

3,876

(a),(b)

Amerco, Inc

206,048

249,017

(a),(b)

American Airlines Group, Inc

3,269,593

4,007

(a),(b)

Avis Budget Group, Inc

545,232

45,646

CH Robinson Worldwide, Inc

7,029,028

744,320

CSX Corp

26,810,406

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

TRANSPORTATION

(continued)

254,314

Delta Air Lines, Inc

$

14,592,537

52,940

Expeditors International Washington, Inc

6,453,386

85,366

FedEx Corp

21,667,598

46,903

(a) GXO Logistics, Inc

2,636,418

30,539

JB Hunt Transport Services, Inc

5,156,816

21,956

(a) Kirby Corp

2,272,007

66,267

Knight-Swift Transportation Holdings, Inc

2,989,967

12,738

Landstar System, Inc

1,635,941

136,357

(a) Lyft, Inc (Class A)

2,789,864

89,546

Norfolk Southern Corp

25,375,545

69,763

Old Dominion Freight Line

9,796,120

15,759

Ryder System, Inc

2,666,896

9,849

(a) Saia, Inc

2,880,832

21,540

(b) Schneider National, Inc

460,310

165,512

(a) Southwest Airlines Co

5,015,014

25,697

U-Haul Holding Co

1,246,047

218,561

Union Pacific Corp

48,164,288

130,346

(a) United Airlines Holdings, Inc

12,257,738

291,130

United Parcel Service, Inc (Class B)

28,070,755

34,661

(a) XPO, Inc

4,986,678

TOTAL TRANSPORTATION

240,708,320

UTILITIES - 4.6%

278,299

AES Corp

3,860,007

105,410

Alliant Energy Corp

7,043,496

108,162

Ameren Corp

11,034,687

212,259

American Electric Power Co, Inc

25,526,267

77,949

American Water Works Co, Inc

10,010,990

61,290

Atmos Energy Corp

10,524,719

50,871

(b) Brookfield Renewable Corp

2,200,680

260,032

Centerpoint Energy, Inc

9,943,624

16,658

Clearway Energy, Inc (Class A)

499,573

34,795

Clearway Energy, Inc (Class C)

1,111,004

118,716

CMS Energy Corp

8,731,562

144,825

Consolidated Edison, Inc

14,107,403

124,405

Constellation Energy Corp

46,900,685

340,599

Dominion Energy, Inc

19,989,755

82,807

(a) DTE Energy Co

11,223,661

308,488

Duke Energy Corp

38,345,058

149,419

Edison International

8,274,824

174,927

Entergy Corp

16,808,735

110,907

Essential Utilities, Inc

4,328,700

92,070

Evergy, Inc

7,071,897

144,695

Eversource Energy

10,679,938

403,291

Exelon Corp

18,599,781

223,471

FirstEnergy Corp

10,241,676

21,841

Idacorp, Inc

2,817,926

87,047

MDU Resources Group, Inc

1,669,562

36,690

National Fuel Gas Co

2,895,208

818,987

NextEra Energy, Inc

66,665,542

184,967

NiSource, Inc

7,788,960

81,073

OGE Energy Corp

3,578,562

851,778

PG&E Corp

13,594,377

48,369

(b) Pinnacle West Capital Corp

4,281,624

296,939

(a),(b)

PPL Corp

10,844,212

195,526

Public Service Enterprise Group, Inc

15,751,575

259,042

Sempra Energy

23,816,322

436,905

Southern Co

41,086,546

17,896

(a) Talen Energy Corp

7,154,463

93,072

UGI Corp

3,111,397

127,957

WEC Energy Group, Inc

14,296,636

Large Cap Value Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

UTILITIES

(continued)

235,954

Xcel Energy, Inc

$

19,152,386

TOTAL UTILITIES

535,564,020

TOTAL COMMON STOCKS

(Cost $7,421,646,235)

11,577,152,033

SHARES

DESCRIPTION

VALUE

INVESTMENT COMPANIES - 0.5%

286,751

(b) iShares Russell 1000 Value ETF

58,660,652

TOTAL INVESTMENT COMPANIES

(Cost $58,262,888)

58,660,652

TOTAL LONG-TERM INVESTMENTS

(Cost $7,479,909,123)

11,635,812,685

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.2%

137,233,239

(d) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(e)

137,233,239

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $137,233,239)

137,233,239

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.3%

GOVERNMENT AGENCY DEBT - 0.1%

$

5,000,000

Federal Home Loan Bank (FHLB)

.000

11/28/25

4,984,989

TOTAL GOVERNMENT AGENCY DEBT

4,984,989

REPURCHASE AGREEMENT - 0.2%

26,345,000

(f) Fixed Income Clearing Corporation

.150

11/03/25

26,345,000

TOTAL REPURCHASE AGREEMENT

26,345,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $31,330,356)

31,329,989

TOTAL INVESTMENTS - 101.5%

(Cost $7,648,472,718)

11,804,375,913

OTHER ASSETS & LIABILITIES, NET - (1.5)%

(176,743,085)

NET ASSETS - 100.0%

$

11,627,632,828

ETF

Exchange Traded Fund

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $177,533,955.

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

(d) Investments made with cash collateral received from securities on loan.

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

(f) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $26,354,111 on 11/3/25, collateralized by Government Agency Securities, with coupon rates

2.125%–4.250% and maturity dates 2/28/29–4/15/29, valued at $26,872,005.

Portfolios of Investments October 31, 2025

S&P 500 Index

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.0%

COMMON STOCKS - 99.0%

AUTOMOBILES & COMPONENTS - 2.4%

46,328

(a) Aptiv plc

$

3,757,201

820,780

Ford Motor Co

10,776,841

206,443

General Motors Co

14,263,147

601,684

(a) Tesla, Inc

274,704,847

TOTAL AUTOMOBILES & COMPONENTS

303,502,036

BANKS - 3.4%

1,461,727

Bank of America Corp

78,129,308

393,922

Citigroup, Inc

39,876,724

86,478

Citizens Financial Group, Inc

4,399,136

144,249

Fifth Third Bancorp

6,003,643

334,434

Huntington Bancshares, Inc

5,163,661

590,027

JPMorgan Chase & Co

183,569,200

212,462

Keycorp

3,737,207

32,566

M&T Bank Corp

5,987,910

84,400

PNC Financial Services Group, Inc

15,407,220

185,239

Regions Financial Corp

4,482,784

276,522

Truist Financial Corp

12,341,177

337,326

US Bancorp

15,746,378

687,097

Wells Fargo & Co

59,756,826

TOTAL BANKS

434,601,174

CAPITAL GOODS - 5.8%

114,734

3M Co

19,103,211

22,751

A.O. Smith Corp

1,501,338

19,169

Allegion plc

3,177,645

48,877

Ametek, Inc

9,878,530

17,120

(a) Axon Enterprise, Inc

12,535,778

162,373

(a) Boeing Co

32,640,220

26,073

(a) Builders FirstSource, Inc

3,028,900

167,621

Carrier Global Corp

9,971,773

100,611

Caterpillar, Inc

58,078,706

29,804

Cummins, Inc

13,044,615

53,343

Deere & Co

24,624,729

28,559

Dover Corp

5,182,316

83,420

Eaton Corp plc

31,829,735

9,472

EMCOR Group, Inc

6,400,988

120,105

Emerson Electric Co

16,763,055

246,210

(a) Fastenal Co

10,131,542

71,124

Fortive Corp

3,580,382

58,659

GE Vernova, Inc

34,323,727

13,280

(a) Generac Holdings, Inc

2,231,306

54,017

General Dynamics Corp

18,630,463

227,503

General Electric Co

70,287,052

134,308

Honeywell International, Inc

27,040,230

85,926

Howmet Aerospace, Inc

17,696,460

11,150

Hubbell, Inc

5,240,500

8,657

Huntington Ingalls Industries, Inc

2,787,727

16,032

(a) IDEX Corp

2,748,847

56,881

Illinois Tool Works, Inc

13,874,414

76,628

Ingersoll Rand, Inc

5,849,015

138,337

Johnson Controls International plc

15,824,369

40,307

L3Harris Technologies, Inc

11,652,754

6,992

Lennox International, Inc

3,530,960

44,224

Lockheed Martin Corp

21,752,901

45,328

Masco Corp

2,935,441

11,898

(a) Nordson Corp

2,759,741

28,944

Northrop Grumman Corp

16,887,377

84,972

Otis Worldwide Corp

7,882,003

112,435

PACCAR, Inc

11,063,604

S&P 500 Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

27,374

Parker-Hannifin Corp

$

21,155,448

34,647

Pentair plc

3,684,708

32,254

Quanta Services, Inc

14,486,239

24,311

Rockwell Automation, Inc

8,955,200

287,036

RTX Corp

51,235,926

10,636

(a) Snap-On, Inc

3,568,910

32,515

Stanley Black & Decker, Inc

2,201,916

35,725

(a) Textron, Inc

2,886,937

47,504

Trane Technologies plc

21,312,670

11,919

TransDigm Group, Inc

15,596,131

13,631

United Rentals, Inc

11,875,055

9,303

W.W. Grainger, Inc

9,107,637

36,796

Westinghouse Air Brake Technologies Corp

7,522,574

52,680

Xylem, Inc

7,946,778

TOTAL CAPITAL GOODS

738,008,483

COMMERCIAL & PROFESSIONAL SERVICES - 0.9%

87,837

Automatic Data Processing, Inc

22,863,971

25,559

Broadridge Financial Solutions, Inc

5,633,204

35,847

(a) Ceridian HCM Holding, Inc

2,464,123

72,715

Cintas Corp

13,326,478

189,039

(a) Copart, Inc

8,130,567

25,561

Equifax, Inc

5,395,927

26,100

Jacobs Solutions, Inc

4,066,641

27,956

Leidos Holdings, Inc

5,324,779

67,560

Paychex, Inc

7,906,547

11,198

Paycom Software, Inc

2,095,034

43,156

Republic Services, Inc

8,986,805

61,091

Rollins, Inc

3,519,453

53,756

Veralto Corp

5,304,642

29,333

Verisk Analytics, Inc

6,416,887

80,600

Waste Management, Inc

16,101,462

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

117,536,520

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 5.8%

2,081,210

(a) Amazon.com, Inc

508,273,106

3,567

(a) Autozone, Inc

13,106,692

43,102

Best Buy Co, Inc

3,540,398

95,479

eBay, Inc

7,763,398

30,791

Genuine Parts Co

3,920,002

213,497

Home Depot, Inc

81,041,326

57,895

LKQ Corp

1,850,324

118,952

Lowe's Cos, Inc

28,326,040

183,042

(a) O'Reilly Automotive, Inc

17,286,487

6,958

Pool Corp

1,858,203

68,470

Ross Stores, Inc

10,881,252

240,964

TJX Cos, Inc

33,768,695

113,852

Tractor Supply Co

6,160,532

9,356

(a) Ulta Beauty, Inc

4,863,997

26,334

Williams-Sonoma, Inc

5,117,750

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

727,758,202

CONSUMER DURABLES & APPAREL - 0.5%

31,767

(a) Deckers Outdoor Corp

2,589,010

59,070

DR Horton, Inc

8,806,155

34,634

(a) Garmin Ltd

7,409,598

27,799

Hasbro, Inc

2,121,342

51,058

(a) Lennar Corp (Class A)

6,319,449

22,766

(a) Lululemon Athletica, Inc

3,882,514

10,889

(a) Mohawk Industries, Inc

1,237,426

250,516

Nike, Inc (Class B)

16,180,828

627

(a) NVR, Inc

4,521,184

43,428

Pulte Homes, Inc

5,205,714

8,795

Ralph Lauren Corp

2,811,410

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CONSUMER DURABLES & APPAREL

(continued)

44,274

Tapestry, Inc

$

4,862,171

TOTAL CONSUMER DURABLES & APPAREL

65,946,801

CONSUMER SERVICES - 1.7%

91,813

(a) Airbnb, Inc

11,618,017

6,951

Booking Holdings, Inc

35,295,371

229,846

(a) Carnival Corp

6,626,460

287,095

(a) Chipotle Mexican Grill, Inc (Class A)

9,098,041

24,608

Darden Restaurants, Inc

4,433,131

6,396

Domino's Pizza, Inc

2,548,550

79,681

(a) DoorDash, Inc

20,268,456

24,802

Expedia Group, Inc

5,456,440

50,089

Hilton Worldwide Holdings, Inc

12,870,869

65,374

Las Vegas Sands Corp

3,879,947

47,659

Marriott International, Inc (Class A)

12,418,982

153,306

McDonald's Corp

45,751,110

40,853

(a),(b)

MGM Resorts International

1,308,522

94,992

(a) Norwegian Cruise Line Holdings Ltd

2,129,721

54,282

Royal Caribbean Cruises Ltd

15,569,706

244,262

Starbucks Corp

19,753,468

19,350

(a) Wynn Resorts Ltd

2,302,456

60,657

Yum! Brands, Inc

8,383,404

TOTAL CONSUMER SERVICES

219,712,651

CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.7%

95,188

Costco Wholesale Corp

86,759,103

46,385

(a) Dollar General Corp

4,576,344

41,098

(a) Dollar Tree, Inc

4,073,634

133,570

Kroger Co

8,499,059

103,543

Sysco Corp

7,691,174

97,291

Target Corp

9,020,821

941,863

Walmart, Inc

95,297,698

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

215,917,833

ENERGY - 2.8%

76,053

(a) APA Corp

1,722,600

214,245

Baker Hughes Co

10,371,600

165,261

(a) Cabot Oil & Gas Corp

3,910,075

50,340

Chesapeake Energy Corp

5,200,625

413,425

Chevron Corp

65,205,391

266,095

ConocoPhillips

23,645,202

138,190

Devon Energy Corp

4,489,793

40,712

Diamondback Energy, Inc

5,829,551

116,747

EOG Resources, Inc

12,356,503

132,077

EQT Corp

7,076,686

915,495

Exxon Mobil Corp

104,696,008

183,220

Halliburton Co

4,917,625

423,879

Kinder Morgan, Inc

11,101,391

65,378

Marathon Petroleum Corp

12,742,826

148,549

(a) Occidental Petroleum Corp

6,120,219

134,285

ONEOK, Inc

8,997,095

85,725

Phillips 66

11,670,602

314,273

Schlumberger Ltd

11,332,684

45,920

Targa Resources Corp

7,073,517

4,146

Texas Pacific Land Corp

3,911,254

65,265

Valero Energy Corp

11,066,333

265,969

Williams Cos, Inc

15,391,626

TOTAL ENERGY

348,829,206

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.7%

36,103

Alexandria Real Estate Equities, Inc

2,101,917

101,350

American Tower Corp

18,139,623

31,293

AvalonBay Communities, Inc

5,442,478

32,980

Boston Properties, Inc

2,347,846

24,781

Camden Property Trust

2,465,214

95,408

Crown Castle, Inc

8,607,710

S&P 500 Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

(continued)

67,298

Digital Realty Trust, Inc

$

11,468,252

21,063

Equinix, Inc

17,819,508

74,179

Equity Residential

4,409,200

13,612

Essex Property Trust, Inc

3,427,093

44,760

Extra Space Storage, Inc

5,977,250

17,474

Federal Realty Investment Trust

1,680,824

155,185

Healthpeak Properties, Inc

2,785,571

144,601

Host Hotels & Resorts Inc

2,316,508

127,932

Invitation Homes, Inc

3,601,286

62,705

Iron Mountain, Inc

6,455,480

141,377

Kimco Realty Corp

2,920,849

26,003

Mid-America Apartment Communities, Inc

3,334,365

197,208

(c) Prologis, Inc

24,471,541

32,579

Public Storage, Inc

9,075,206

188,807

Realty Income Corp

10,947,030

35,886

Regency Centers Corp

2,474,340

23,745

SBA Communications Corp

4,546,692

69,118

Simon Property Group, Inc

12,148,180

57,690

UDR, Inc

1,943,576

99,501

Ventas, Inc

7,342,179

237,200

VICI Properties, Inc

7,113,628

143,604

(c) Welltower, Inc

25,998,068

159,019

(c) Weyerhaeuser Co

3,657,437

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

215,018,851

FINANCIAL SERVICES - 7.6%

116,946

American Express Co

42,185,931

19,936

Ameriprise Financial, Inc

9,026,423

97,966

Apollo Global Management, Inc

12,178,153

151,668

Bank of New York Mellon Corp

16,369,527

393,458

(a) Berkshire Hathaway, Inc

187,891,933

30,929

BlackRock, Inc

33,490,231

156,691

Blackstone, Inc

22,977,168

117,059

(a) Block, Inc

8,889,460

136,141

Capital One Financial Corp

29,949,659

22,517

Cboe Global Markets, Inc

5,531,076

367,738

Charles Schwab Corp

34,758,596

77,304

CME Group, Inc

20,523,439

48,992

(a) Coinbase Global, Inc

16,842,470

14,828

(a) Corpay, Inc

3,860,470

7,911

Factset Research Systems, Inc

2,110,655

113,798

Fidelity National Information Services, Inc

7,114,651

115,027

(a) Fiserv, Inc

7,671,151

62,771

Franklin Resources, Inc

1,419,252

50,280

(a) Global Payments, Inc

3,909,773

64,849

Goldman Sachs Group, Inc

51,189,855

97,285

Interactive Brokers Group, Inc (Class A)

6,844,973

121,752

Intercontinental Exchange, Inc

17,811,100

103,514

Invesco Ltd

2,453,282

15,929

Jack Henry & Associates, Inc

2,372,465

145,286

KKR & Co, Inc

17,191,692

177,254

Mastercard, Inc (Class A)

97,842,435

33,069

Moody's Corp

15,883,041

259,869

Morgan Stanley

42,618,516

16,498

MSCI, Inc (Class A)

9,709,898

95,952

Nasdaq Stock Market, Inc

8,202,936

40,530

(a) Northern Trust Corp

5,214,995

205,342

(a) PayPal Holdings, Inc

14,224,040

38,673

Raymond James Financial, Inc

6,136,245

166,680

(a) Robinhood Markets, Inc

24,465,290

66,866

S&P Global, Inc

32,577,784

59,677

State Street Corp

6,902,242

78,658

Synchrony Financial

5,850,582

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

FINANCIAL SERVICES

(continued)

47,453

T Rowe Price Group, Inc

$

4,865,356

364,639

Visa, Inc (Class A)

124,247,093

TOTAL FINANCIAL SERVICES

963,303,838

FOOD, BEVERAGE & TOBACCO - 2.0%

357,728

Altria Group, Inc

20,168,705

102,322

Archer-Daniels-Midland Co

6,193,551

39,738

(b) Brown-Forman Corp (Class B)

1,082,066

30,631

Bunge Global S.A.

2,897,692

46,798

Campbell Soup Co

1,410,024

831,124

Coca-Cola Co

57,264,443

108,489

ConAgra Brands, Inc

1,864,926

32,844

(a) Constellation Brands, Inc (Class A)

4,315,045

119,100

(a) General Mills, Inc

5,551,251

30,736

(a) Hershey Co

5,213,748

77,286

Hormel Foods Corp

1,668,605

24,850

(a) J.M. Smucker Co

2,573,217

57,089

Kellogg Co

4,741,812

294,401

Keurig Dr Pepper, Inc

7,995,931

189,910

(a) Kraft Heinz Co

4,696,474

32,604

Lamb Weston Holdings, Inc

2,012,645

55,713

McCormick & Co, Inc

3,574,546

44,190

(a) Molson Coors Brewing Co (Class B)

1,931,987

275,658

Mondelez International, Inc

15,839,309

149,565

(a) Monster Beverage Corp

9,995,429

291,184

PepsiCo, Inc

42,539,070

333,698

Philip Morris International, Inc

48,162,632

62,765

Tyson Foods, Inc (Class A)

3,226,749

TOTAL FOOD, BEVERAGE & TOBACCO

254,919,857

HEALTH CARE EQUIPMENT & SERVICES - 3.6%

373,344

Abbott Laboratories

46,152,785

13,805

(a) Align Technology, Inc

1,903,433

41,050

AmerisourceBergen Corp

13,867,101

112,986

Baxter International, Inc

2,086,851

59,408

Becton Dickinson & Co

10,616,804

319,395

(a) Boston Scientific Corp

32,169,464

51,582

Cardinal Health, Inc

9,840,298

107,455

(a) Centene Corp

3,800,683

57,033

Cigna Group

13,939,436

41,702

(a) Cooper Cos, Inc

2,915,387

268,628

CVS Health Corp

20,993,278

8,462

(a),(b)

DaVita, Inc

1,007,147

82,820

(a) DexCom, Inc

4,821,780

125,716

(a) Edwards Lifesciences Corp

10,365,284

47,578

Elevance Health, Inc

15,091,742

98,628

GE HealthCare Technologies, Inc

7,392,169

34,662

HCA, Inc

15,933,428

20,066

(a) Henry Schein, Inc

1,268,171

46,747

(a) Hologic, Inc

3,455,071

26,679

Humana, Inc

7,421,831

17,239

(a) IDEXX Laboratories, Inc

10,852,123

15,197

(a) Insulet Corp

4,756,813

77,038

(a) Intuitive Surgical, Inc

41,159,863

18,237

Labcorp Holdings, Inc

4,631,469

26,680

McKesson Corp

21,646,551

272,400

Medtronic plc

24,706,680

13,064

(a),(b)

Molina Healthcare, Inc

1,999,576

24,144

Quest Diagnostics, Inc

4,248,137

31,593

(a) Resmed, Inc

7,799,680

34,358

(a) Solventum Corp

2,372,076

21,568

STERIS plc

5,083,578

74,143

Stryker Corp

26,412,702

193,969

UnitedHealth Group, Inc

66,252,052

S&P 500 Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

HEALTH CARE EQUIPMENT & SERVICES

(continued)

12,834

(a) Universal Health Services, Inc (Class B)

$

2,785,106

42,246

Zimmer Biomet Holdings, Inc

4,248,258

TOTAL HEALTH CARE EQUIPMENT & SERVICES

453,996,807

HOUSEHOLD & PERSONAL PRODUCTS - 0.9%

50,988

Church & Dwight Co, Inc

4,471,138

25,223

Clorox Co

2,836,579

169,408

Colgate-Palmolive Co

13,052,886

49,787

Estee Lauder Cos (Class A)

4,813,905

409,848

Kenvue, Inc

5,889,516

72,999

Kimberly-Clark Corp

8,738,710

502,887

Procter & Gamble Co

75,619,118

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

115,421,852

INSURANCE - 1.7%

102,851

Aflac, Inc

11,024,599

55,119

Allstate Corp

10,556,391

120,523

American International Group, Inc

9,516,496

45,606

Aon plc

15,537,052

79,737

Arch Capital Group Ltd

6,882,100

11,631

Assurant, Inc

2,462,515

62,763

(a) Brown & Brown, Inc

5,004,722

79,238

Chubb Ltd

21,944,172

33,017

(a) Cincinnati Financial Corp

5,104,098

6,424

(a) Erie Indemnity Co (Class A)

1,879,919

9,719

Everest Re Group Ltd

3,056,820

53,963

Gallagher (Arthur J.) & Co

13,463,229

17,371

(a) Globe Life, Inc

2,284,460

59,904

Hartford Financial Services Group, Inc

7,438,879

35,221

(a) Loews Corp

3,506,603

103,458

Marsh & McLennan Cos, Inc

18,431,043

120,468

Metlife, Inc

9,615,756

43,138

Principal Financial Group

3,625,317

124,838

Progressive Corp

25,716,628

76,698

Prudential Financial, Inc

7,976,592

48,294

Travelers Cos, Inc

12,972,734

64,106

W.R. Berkley Corp

4,573,322

21,762

Willis Towers Watson plc

6,813,682

TOTAL INSURANCE

209,387,129

MATERIALS - 1.7%

47,537

Air Products & Chemicals, Inc

11,532,001

25,602

(a) Albemarle Corp

2,514,884

488,873

Amcor plc

3,862,097

17,000

Avery Dennison Corp

2,973,130

63,800

Ball Corp

2,998,600

35,407

CF Industries Holdings, Inc

2,949,049

143,334

Corteva, Inc

8,806,441

156,176

Dow, Inc

3,724,798

86,476

DuPont de Nemours, Inc

7,060,765

27,348

Eastman Chemical Co

1,627,753

54,412

Ecolab, Inc

13,951,237

304,685

Freeport-McMoRan, Inc (Class B)

12,705,364

53,058

International Flavors & Fragrances, Inc

3,341,062

110,618

International Paper Co

4,274,280

100,780

Linde plc

42,156,274

58,548

LyondellBasell Industries NV

2,717,798

12,915

Martin Marietta Materials, Inc

7,918,186

67,719

Mosaic Co

1,858,887

235,767

Newmont Goldcorp Corp

19,090,054

49,132

Nucor Corp

7,372,257

17,562

Packaging Corp of America

3,437,937

50,723

PPG Industries, Inc

4,958,173

49,299

Sherwin-Williams Co

17,005,197

113,406

Smurfit WestRock plc

4,186,950

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

MATERIALS

(continued)

33,577

(a) Solstice Advanced Materials, Inc

$

1,513,315

30,281

Steel Dynamics, Inc

4,748,061

27,760

Vulcan Materials Co

8,036,520

TOTAL MATERIALS

207,321,070

MEDIA & ENTERTAINMENT - 9.2%

1,001,387

Alphabet, Inc

282,210,884

1,247,373

Alphabet, Inc (Class A)

350,748,814

20,125

(a),(b)

Charter Communications, Inc

4,706,030

785,949

Comcast Corp (Class A)

21,876,890

48,160

Electronic Arts, Inc

9,634,890

45,990

Fox Corp (Class A)

2,973,253

31,403

Fox Corp (Class B)

1,834,249

81,564

Interpublic Group of Cos, Inc

2,092,932

33,864

(a) Live Nation, Inc

5,063,684

48,614

Match Group, Inc

1,572,177

465,093

Meta Platforms, Inc

301,543,047

91,109

(a) Netflix, Inc

101,938,216

77,943

News Corp (Class A)

2,065,490

23,838

(b) News Corp (Class B)

726,344

43,533

Omnicom Group, Inc

3,265,846

72,985

(a),(b)

Paramount Skydance Corp

1,123,239

36,893

(a) Take-Two Interactive Software, Inc

9,458,258

14,247

(a) TKO Group Holdings, Inc

2,684,135

385,781

Walt Disney Co

43,446,656

523,849

(a) Warner Bros Discovery, Inc

11,760,410

TOTAL MEDIA & ENTERTAINMENT

1,160,725,444

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 5.3%

378,782

AbbVie, Inc

82,589,627

61,269

Agilent Technologies, Inc

8,967,331

114,363

Amgen, Inc

34,129,350

32,374

(a) Biogen, Inc

4,994,337

34,200

Bio-Techne Corp

2,139,894

438,293

Bristol-Myers Squibb Co

20,192,158

11,012

(a) Charles River Laboratories International, Inc

1,982,931

135,479

Danaher Corp

29,179,467

170,464

Eli Lilly & Co

147,086,567

265,742

Gilead Sciences, Inc

31,833,234

33,897

(a) Incyte Corp

3,168,692

36,397

(a) IQVIA Holdings, Inc

7,878,495

516,785

Johnson & Johnson

97,605,183

534,958

Merck & Co, Inc

45,995,689

4,431

(a) Mettler-Toledo International, Inc

6,275,581

76,998

(a) Moderna, Inc

2,091,266

26,424

(b) PerkinElmer, Inc

2,473,022

1,207,731

Pfizer, Inc

29,770,569

21,836

(a) Regeneron Pharmaceuticals, Inc

14,232,705

80,383

Thermo Fisher Scientific, Inc

45,608,510

55,292

(a) Vertex Pharmaceuticals, Inc

23,530,616

268,852

Viatris, Inc

2,785,307

12,953

(a) Waters Corp

4,528,369

15,036

West Pharmaceutical Services, Inc

4,241,204

95,732

Zoetis, Inc

13,794,024

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

667,074,128

REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.1%

61,595

(a) CBRE Group, Inc

9,388,926

89,164

(a) CoStar Group, Inc

6,135,375

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

15,524,301

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 14.9%

347,930

(a) Advanced Micro Devices, Inc

89,111,832

105,874

Analog Devices, Inc

24,788,280

171,601

Applied Materials, Inc

40,000,193

1,008,556

Broadcom, Inc

372,792,554

S&P 500 Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

(continued)

23,545

(a) First Solar, Inc

$

6,285,102

937,925

Intel Corp

37,507,621

28,330

KLA Corp

34,243,604

271,270

Lam Research Corp

42,714,174

113,336

Microchip Technology, Inc

7,074,433

240,850

Micron Technology, Inc

53,895,004

10,413

Monolithic Power Systems, Inc

10,465,065

5,232,072

Nvidia Corp

1,059,442,259

53,994

NXP Semiconductors NV

11,291,225

89,646

(a) ON Semiconductor Corp

4,489,472

231,149

QUALCOMM, Inc

41,814,854

30,200

Skyworks Solutions, Inc

2,347,144

33,152

Teradyne, Inc

6,025,708

195,428

Texas Instruments, Inc

31,553,805

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

1,875,842,329

SOFTWARE & SERVICES - 12.0%

133,365

Accenture plc

33,354,587

90,916

(a) Adobe, Inc

30,939,624

33,190

(a) Akamai Technologies, Inc

2,492,569

58,461

(a) AppLovin Corp

37,258,949

45,982

(a) Autodesk, Inc

13,856,216

58,737

(a) Cadence Design Systems, Inc

19,893,635

102,571

Cognizant Technology Solutions Corp (Class A)

7,475,374

53,495

(a) Crowdstrike Holdings, Inc

29,048,320

69,453

(a) Datadog, Inc

11,307,643

10,991

(a) EPAM Systems, Inc

1,797,468

5,274

(a) Fair Isaac Corp

8,752,361

138,344

(a) Fortinet, Inc

11,957,072

16,291

(a) Gartner, Inc

4,045,707

112,609

Gen Digital, Inc

2,968,373

31,502

(a) GoDaddy, Inc

4,193,861

199,694

International Business Machines Corp

61,387,933

60,012

Intuit, Inc

40,061,011

1,594,002

Microsoft Corp

825,390,176

355,320

Oracle Corp

93,310,585

487,688

(a) Palantir Technologies, Inc

97,766,813

143,722

(a) Palo Alto Networks, Inc

31,653,333

26,403

(a) PTC, Inc

5,242,052

22,713

Roper Industries, Inc

10,133,405

204,922

Salesforce, Inc

53,363,738

44,607

(a) ServiceNow, Inc

41,006,323

39,622

(a) Synopsys, Inc

17,981,256

94,423

(a) Trade Desk, Inc

4,747,588

9,476

(a) Tyler Technologies, Inc

4,513,040

17,713

VeriSign, Inc

4,247,577

46,804

(a) Workday, Inc

11,229,216

TOTAL SOFTWARE & SERVICES

1,521,375,805

TECHNOLOGY HARDWARE & EQUIPMENT - 8.9%

261,918

Amphenol Corp (Class A)

36,495,654

3,182,298

Apple, Inc

860,397,910

220,839

(a) Arista Networks, Inc

34,824,102

27,222

CDW Corp

4,338,370

849,456

Cisco Systems, Inc

62,103,728

168,104

Corning, Inc

14,974,704

66,387

Dell Technologies, Inc

10,755,358

12,196

(a) F5 Networks, Inc

3,086,198

287,522

Hewlett Packard Enterprise Co

7,021,287

197,019

HP, Inc

5,451,516

23,264

Jabil Inc

5,138,785

37,063

(a) Keysight Technologies, Inc

6,781,047

35,956

Motorola Solutions, Inc

14,623,665

43,051

(b) NetApp, Inc

5,070,547

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

TECHNOLOGY HARDWARE & EQUIPMENT

(continued)

45,196

Seagate Technology Holdings plc

$

11,564,753

107,175

(a) Super Micro Computer, Inc

5,568,813

63,744

TE Connectivity plc

15,745,405

9,676

(a) Teledyne Technologies, Inc

5,097,510

52,555

(a) Trimble Inc

4,191,261

75,342

(a) Western Digital Corp

11,317,122

10,611

(a) Zebra Technologies Corp (Class A)

2,857,012

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

1,127,404,747

TELECOMMUNICATION SERVICES - 0.8%

1,525,416

AT&T, Inc

37,754,046

102,960

T-Mobile US, Inc

21,626,748

896,685

Verizon Communications, Inc

35,634,262

TOTAL TELECOMMUNICATION SERVICES

95,015,056

TRANSPORTATION - 1.3%

26,458

CH Robinson Worldwide, Inc

4,074,267

400,209

CSX Corp

14,415,528

139,025

Delta Air Lines, Inc

7,977,255

29,810

Expeditors International Washington, Inc

3,633,839

46,261

FedEx Corp

11,741,967

16,063

JB Hunt Transport Services, Inc

2,712,398

47,986

Norfolk Southern Corp

13,598,273

39,192

Old Dominion Freight Line

5,503,341

111,087

(a),(b)

Southwest Airlines Co

3,365,936

448,734

(a) Uber Technologies, Inc

43,302,831

127,315

Union Pacific Corp

28,056,407

71,270

(a) United Airlines Holdings, Inc

6,702,231

156,601

United Parcel Service, Inc (Class B)

15,099,468

TOTAL TRANSPORTATION

160,183,741

UTILITIES - 2.3%

156,614

AES Corp

2,172,236

58,035

Alliant Energy Corp

3,877,899

57,337

Ameren Corp

5,849,521

112,421

American Electric Power Co, Inc

13,519,749

43,375

American Water Works Co, Inc

5,570,651

34,174

Atmos Energy Corp

5,868,359

135,063

Centerpoint Energy, Inc

5,164,809

65,261

CMS Energy Corp

4,799,947

78,238

Consolidated Edison, Inc

7,621,164

67,552

Constellation Energy Corp

25,467,104

183,639

Dominion Energy, Inc

10,777,773

42,653

(a) DTE Energy Co

5,781,188

168,136

Duke Energy Corp

20,899,305

88,633

Edison International

4,908,496

92,156

Entergy Corp

8,855,270

51,803

Evergy, Inc

3,978,988

80,373

Eversource Energy

5,932,331

220,826

Exelon Corp

10,184,495

113,103

FirstEnergy Corp

5,183,510

442,603

NextEra Energy, Inc

36,027,884

101,805

NiSource, Inc

4,287,009

41,947

NRG Energy, Inc

7,209,011

464,406

PG&E Corp

7,411,920

29,456

(b) Pinnacle West Capital Corp

2,607,445

154,653

(a) PPL Corp

5,647,928

107,078

Public Service Enterprise Group, Inc

8,626,204

136,858

Sempra Energy

12,582,724

234,433

Southern Co

22,046,079

67,396

Vistra Corp

12,690,667

67,806

WEC Energy Group, Inc

7,575,964

S&P 500 Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

Investments in Derivatives

SHARES

DESCRIPTION

VALUE

UTILITIES

(continued)

124,442

Xcel Energy, Inc

$

10,100,957

TOTAL UTILITIES

293,226,587

TOTAL COMMON STOCKS

(Cost $3,770,490,413)

12,507,554,448

TOTAL LONG-TERM INVESTMENTS

(Cost $3,770,490,413)

12,507,554,448

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.2%

18,680,177

(d) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(e)

18,680,177

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $18,680,177)

18,680,177

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.9%

GOVERNMENT AGENCY DEBT - 0.2%

$

12,500,000

Federal Farm Credit Discount Notes

.000

12/23/25

12,430,070

5,000,000

Federal Home Loan Bank (FHLB)

.000

11/28/25

4,984,989

5,000,000

Federal Home Loan Bank (FHLB)

.000

12/16/25

4,975,722

3,000,000

Federal Home Loan Bank (FHLB)

.000

12/26/25

2,982,267

5,000,000

Federal Home Loan Bank Discount Notes

.000

11/14/25

4,992,494

TOTAL GOVERNMENT AGENCY DEBT

30,365,542

REPURCHASE AGREEMENT - 0.3%

37,281,000

(f) Fixed Income Clearing Corporation

.150

11/03/25

37,281,000

TOTAL REPURCHASE AGREEMENT

37,281,000

TREASURY DEBT - 0.4%

12,163,000

United States Treasury Bill

.000

11/18/25

12,143,382

10,000,000

United States Treasury Bill

.000

11/20/25

9,981,642

10,000,000

United States Treasury Bill

.000

11/25/25

9,976,295

10,000,000

United States Treasury Bill

.000

12/09/25

9,961,447

10,000,000

United States Treasury Bill

.000

12/16/25

9,953,990

TOTAL TREASURY DEBT

52,016,756

TOTAL SHORT-TERM INVESTMENTS

(Cost $119,646,708)

119,663,298

TOTAL INVESTMENTS - 100.1%

(Cost $3,908,817,298)

12,645,897,923

OTHER ASSETS & LIABILITIES, NET - (0.1)%

(8,387,389)

NET ASSETS - 100.0%

$

12,637,510,534

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $19,484,184.

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

(d) Investments made with cash collateral received from securities on loan.

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

(f) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $37,293,893 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

4.250% and maturity date 2/28/29, valued at $38,026,805.

Futures Contracts - Long

Description

Number of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

S&P 500 E-Mini Index

12/19/25

$

116,372,474

$

117,545,400

$

1,172,926

Portfolios of Investments October 31, 2025

Small Cap Blend Index

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.7%

COMMON STOCKS - 99.7%

AUTOMOBILES & COMPONENTS - 1.4%

108,655

(a) Adient plc

$

2,519,710

152,153

(a) American Axle & Manufacturing Holdings, Inc

943,349

20,226

(a) Cooper-Standard Holdings, Inc

611,230

166,727

(a) Dana Inc

3,384,558

35,174

(a) Dorman Products, Inc

4,717,889

115,819

(a),(b)

Faraday Future Intelligent Electric, Inc

159,830

55,656

(a) Fox Factory Holding Corp

1,230,554

169,356

(a) Garrett Motion, Inc

2,868,891

39,613

(a) Gentherm, Inc

1,457,758

326,623

(a) Goodyear Tire & Rubber Co

2,250,433

73,830

(a) Holley, Inc

211,892

31,519

LCI Industries

3,261,901

47,805

(a),(b)

Livewire Group, Inc

261,971

66,536

(a) Modine Manufacturing Co

10,193,981

17,089

(a) Motorcar Parts of America, Inc

291,538

41,263

Patrick Industries, Inc

4,306,619

48,984

(a) Phinia, Inc

2,542,759

185,930

(a),(b)

Solid Power, Inc

1,167,640

25,814

Standard Motor Products, Inc

958,474

5,027

(a) Strattec Security Corp

308,457

34,663

(a) Visteon Corp

3,714,487

34,590

Winnebago Industries, Inc

1,304,389

31,237

(a) XPEL, Inc

1,065,182

TOTAL AUTOMOBILES & COMPONENTS

49,733,492

BANKS - 9.3%

23,568

(a) 1st Source Corp

1,400,882

13,360

(a) ACNB Corp

603,605

30,447

Amalgamated Financial Corp

829,985

45,898

(a) Amerant Bancorp, Inc

769,709

83,490

Ameris Bancorp

5,979,554

10,397

(a) Ames National Corp

216,881

20,287

(a) Arrow Financial Corp

565,804

211,920

(a) Associated Banc-Corp

5,249,258

180,243

(a) Atlantic Union Bankshares Corp

5,861,502

68,295

(a) Axos Financial, Inc

5,325,644

163,662

Banc of California, Inc

2,777,344

26,537

(a) Bancfirst Corp

2,888,818

57,937

(a) Bancorp, Inc

3,787,342

11,888

(a) Bank First Corp

1,451,763

49,610

(a) Bank of Hawaii Corp

3,221,177

19,080

(a) Bank of Marin Bancorp

491,310

52,518

Bank of NT Butterfield & Son Ltd

2,429,483

4,212

(a) Bank7 Corp

174,840

14,318

(a),(b)

BankFinancial Corp

158,214

94,681

(a) BankUnited, Inc

3,794,814

8,096

(a) Bankwell Financial Group, Inc

350,962

43,867

Banner Corp

2,649,128

20,159

Bar Harbor Bankshares

591,263

12,869

(a) BayCom Corp

350,809

17,299

(a) BCB Bancorp, Inc

137,354

106,394

Berkshire Hills Bancorp, Inc

2,589,630

18,274

(a) Blue Foundry Bancorp

150,578

83,425

(a) Blue Ridge Bankshares, Inc

373,744

25,156

(a) Bridgewater Bancshares, Inc

414,068

17,467

(a) Burke & Herbert Financial Services Corp

1,028,108

32,870

(a) Business First Bancshares, Inc

805,972

11,285

(a),(b)

BV Financial, Inc

183,945

35,605

(a) Byline Bancorp, Inc

952,078

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

BANKS

(continued)

3,965

(a) C&F Financial Corp

$

271,246

231,728

Cadence Bank

8,745,415

21,193

(a) Camden National Corp

808,513

15,121

(a) Capital Bancorp, Inc

420,288

18,901

(a) Capital City Bank Group, Inc

735,249

144,623

(a) Capitol Federal Financial, Inc

873,523

29,866

(a) Carter Bankshares, Inc

510,111

85,918

Cathay General Bancorp

3,904,973

5,991

(a),(b)

CB Financial Services, Inc

193,929

36,449

Central Pacific Financial Corp

1,039,161

2,148

(a) CF Bankshares, Inc

49,834

3,091

(a) Chain Bridge Bancorp, Inc

91,617

5,407

(a) Chemung Financial Corp

273,973

18,558

(a) ChoiceOne Financial Services, Inc

531,501

17,196

(a) Citizens & Northern Corp

332,915

8,223

(a) Citizens Community Bancorp, Inc

128,690

5,934

(a) Citizens Financial Services, Inc

325,124

18,173

(a) City Holding Co

2,142,233

21,963

(a) Civista Bancshares, Inc

472,863

36,647

(a) CNB Financial Corp

901,516

16,744

(a) Coastal Financial Corp

1,783,236

5,068

(a) CoastalSouth Bancshares, Inc

107,847

21,607

(a) Colony Bankcorp, Inc

345,496

35,116

(a) Columbia Financial, Inc

517,961

67,904

(a) Community Bank System, Inc

3,767,314

20,619

(a) Community Trust Bancorp, Inc

1,055,590

20,065

(a) Community West Bancshares

424,977

61,869

ConnectOne Bancorp, Inc

1,488,568

37,753

(a) Customers Bancorp, Inc

2,533,981

171,107

(a) CVB Financial Corp

3,143,236

51,151

(a) Dime Community Bancshares, Inc

1,342,714

5,674

(a) Eagle Bancorp Montana, Inc

92,089

38,097

(a),(b)

Eagle Bancorp, Inc

638,125

5,999

(a) Eagle Financial Services, Inc

217,224

249,035

(a) Eastern Bankshares, Inc

4,365,584

9,947

(a),(b)

ECB Bancorp, Inc

159,450

46,322

Enterprise Financial Services Corp

2,425,883

18,451

(a) Equity Bancshares, Inc

747,450

9,281

(a) Esquire Financial Holdings, Inc

870,558

16,904

(a) Farmers & Merchants Bancorp, Inc

404,006

47,209

(a) Farmers National Banc Corp

612,773

23,462

(a),(b)

FB Bancorp, Inc

284,359

53,672

(a) FB Financial Corp

2,898,825

6,177

(a) Fidelity D&D Bancorp, Inc

269,811

24,345

(a) Financial Institutions, Inc

692,128

4,346

(a) Finward Bancorp

152,762

11,793

(a),(b)

Finwise Bancorp

226,308

51,106

(a) First Bancorp

2,480,685

204,907

First BanCorp

3,993,637

13,531

(a) First Bancorp, Inc

335,433

23,987

(a) First Bank

374,677

108,304

(a) First Busey Corp

2,421,677

9,719

(a) First Business Financial Services, Inc

491,879

4,191

(a),(b)

First Capital Inc

180,423

131,924

(a) First Commonwealth Financial Corp

2,017,118

19,616

(a) First Community Bancshares, Inc

634,381

9,607

(a) First Community Corp

257,564

119,598

First Financial Bancorp

2,799,789

171,814

(a) First Financial Bankshares, Inc

5,307,334

15,228

(a) First Financial Corp

811,957

80,266

(a) First Foundation, Inc

436,647

10,867

(a) First Internet Bancorp

192,781

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

BANKS

(continued)

114,196

First Interstate BancSystem, Inc

$

3,568,625

73,898

First Merchants Corp

2,621,901

27,946

First Mid Bancshares, Inc

998,511

10,116

(a) First National Corp

227,812

4,659

(a) First Savings Financial Group, Inc

137,906

7,837

(a) First United Corp

270,612

11,035

(a) First Western Financial, Inc

254,798

16,376

(a) Firstsun Capital Bancorp

557,439

21,926

(a) Five Star Bancorp

778,592

38,663

(a) Flushing Financial Corp

528,523

5,378

(a) Franklin Financial Services Corp

243,623

8,212

(a) FS Bancorp, Inc

317,722

231,759

(a) Fulton Financial Corp

4,025,654

17,596

(a) FVCBankcorp, Inc

215,023

11,689

(a),(b)

GBank Financial Holdings, Inc

423,960

47,016

(a) German American Bancorp, Inc

1,811,997

160,780

Glacier Bancorp, Inc

6,567,863

11,809

(a) Great Southern Bancorp, Inc

657,761

9,442

(a) Greene County Bancorp, Inc

207,252

109,189

Hancock Whitney Corp

6,235,784

39,747

Hanmi Financial Corp

1,049,321

6,153

(a) Hanover Bancorp, Inc

127,429

50,057

(a) HarborOne Bancorp, Inc

605,690

7,505

(a) Hawthorn Bancshares Inc

226,726

17,094

(a) HBT Financial, Inc

416,923

80,674

(a) Heritage Commerce Corp

839,010

45,837

(a) Heritage Financial Corp

1,017,123

57,031

(a) Hilltop Holdings, Inc

1,842,101

2,081

(a),(b)

Hingham Institution For Savings The

612,355

9,112

(a) Home Bancorp, Inc

484,303

238,635

Home Bancshares, Inc

6,373,941

24,517

(a) HomeStreet, Inc

328,283

20,807

(a) HomeTrust Bancshares, Inc

817,923

154,369

(a) Hope Bancorp, Inc

1,619,331

56,022

(a) Horizon Bancorp, Inc

873,943

61,384

(a) Independent Bank Corp

4,130,529

27,331

Independent Bank Corp

825,943

69,291

(a) International Bancshares Corp

4,599,537

12,280

(a) Investar Holding Corp

291,773

15,873

(a) John Marshall Bancorp, Inc

303,174

69,147

(a) Kearny Financial Corp

441,849

32,225

(a) Lakeland Financial Corp

1,838,436

5,740

(a) Landmark Bancorp, Inc

147,461

13,925

(a) LCNB Corp

213,888

28,662

(a) LINKBANCORP, Inc

201,494

45,764

(a) Live Oak Bancshares, Inc

1,425,091

9,161

(a) MainStreet Bancshares Inc

169,937

21,514

Mercantile Bank Corp

943,389

11,842

(a) Meridian Corp

169,222

25,254

(a) Metrocity Bankshares, Inc

646,755

11,773

(a) Metropolitan Bank Holding Corp

780,197

25,629

(a) Mid Penn Bancorp, Inc

729,145

10,348

(a) Middlefield Banc Corp

337,345

25,171

(a) Midland States Bancorp, Inc

368,503

22,005

(a) MidWestOne Financial Group, Inc

813,965

14,402

(a) MVB Financial Corp

368,403

49,246

(a) National Bank Holdings Corp

1,756,112

7,584

(a) National Bankshares, Inc

217,130

47,449

(a) NB Bancorp, Inc

857,403

66,251

NBT Bancorp, Inc

2,681,178

386,477

(a) New York Community Bancorp, Inc

4,413,567

17,538

(a) Nicolet Bankshares, Inc

2,071,939

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

BANKS

(continued)

9,611

(a) Northeast Bank

$

829,237

16,152

(a) Northeast Community Bancorp, Inc

317,225

40,192

(a) Northfield Bancorp, Inc

410,762

11,388

(a),(b)

Northpointe Bancshares, Inc

180,500

27,332

(a) Northrim BanCorp, Inc

600,757

187,038

(a) Northwest Bancshares, Inc

2,190,215

9,670

(a),(b)

Norwood Financial Corp

257,319

8,516

(a) Oak Valley Bancorp

232,316

73,825

OceanFirst Financial Corp

1,342,139

56,847

(a) OFG Bancorp

2,197,705

4,902

(a) Ohio Valley Banc Corp

171,570

436,701

Old National Bancorp

8,921,801

55,606

Old Second Bancorp, Inc

998,128

15,306

(a) OP Bancorp

204,335

13,750

(a) Orange County Bancorp, Inc

336,188

38,652

(a) Origin Bancorp, Inc

1,339,678

24,652

(a) Orrstown Financial Services, Inc

820,419

18,837

(a) Park National Corp

2,866,803

11,704

(a) Parke Bancorp, Inc

252,923

29,709

Pathward Financial, Inc

2,021,995

57,454

(a) Patriot National Bancorp, Inc

68,370

14,201

(a) PCB Bancorp

299,215

20,852

(a) Peapack Gladstone Financial Corp

527,556

4,298

(a) Peoples Bancorp of North Carolina, Inc

126,490

41,706

Peoples Bancorp, Inc

1,192,792

12,174

(a) Peoples Financial Services Corp

542,230

12,534

(a) Pioneer Bancorp, Inc

164,697

7,368

(a) Plumas Bancorp

302,383

23,086

(a) Ponce Financial Group, Inc

325,743

14,830

Preferred Bank

1,338,408

26,528

(a) Primis Financial Corp

288,757

6,731

(a) Princeton Bancorp, Inc

209,199

15,642

(a) Provident Bancorp Inc

199,436

161,945

(a) Provident Financial Services, Inc

2,961,974

21,509

(a) QCR Holdings, Inc

1,600,055

20,038

(a) RBB Bancorp

373,308

5,706

(a) Red River Bancshares, Inc

376,938

119,704

Renasant Corp

4,025,646

10,738

(a) Republic Bancorp, Inc (Class A)

707,634

5,582

(a) Rhinebeck Bancorp, Inc

55,764

11,813

(a),(b)

Richmond Mutual Bancorporation, Inc

157,467

13,061

(a) Riverview Bancorp, Inc

67,656

48,706

S&T Bancorp, Inc

1,784,588

7,690

(a) SB Financial Group, Inc

150,416

108,142

Seacoast Banking Corp of Florida

3,276,703

65,789

(a) ServisFirst Bancshares, Inc

4,622,993

39,076

(a) Shore Bancshares, Inc

609,976

18,048

(a) Sierra Bancorp

519,421

178,635

(a) Simmons First National Corp (Class A)

3,104,676

18,886

(a) SmartFinancial, Inc

660,443

2,724

(a) Sound Financial Bancorp, Inc

121,599

15,988

(a) South Plains Financial, Inc

583,562

28,913

(a) Southern California Bancorp

534,601

10,600

(a) Southern First Bancshares, Inc

464,704

12,797

(a) Southern Missouri Bancorp, Inc

671,075

36,888

(a) Southside Bancshares, Inc

1,037,291

9,966

(a),(b)

SR Bancorp, Inc

146,700

61,262

(a) Stellar Bancorp, Inc

1,802,941

23,940

(a),(c)

Sterling Bancorp, Inc

34,146

(a) Stock Yards Bancorp, Inc

2,220,173

57,730

(a) Texas Capital Bancshares, Inc

4,840,083

16,735

(a) Third Coast Bancshares, Inc

615,011

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

BANKS

(continued)

9,087

(a) Timberland Bancorp, Inc

$

291,874

17,149

(a) Tompkins Trustco, Inc

1,088,276

93,720

Towne Bank

3,046,837

39,737

(a) Trico Bancshares

1,757,568

28,868

(a) Triumph Financial, Inc

1,572,151

24,121

(a) TrustCo Bank Corp NY

909,603

71,056

(a) Trustmark Corp

2,644,704

92,279

UMB Financial Corp

9,862,780

4,715

(a),(b)

Union Bankshares, Inc

107,596

179,108

(a) United Bankshares, Inc

6,410,275

153,169

(a) United Community Banks, Inc

4,472,535

17,886

(a) United Security Bancshares

163,925

9,491

(a) Unity Bancorp, Inc

430,986

38,986

(a) Univest Financial Corp

1,144,629

15,236

(a) USCB Financial Holdings, Inc

262,973

613,526

Valley National Bancorp

6,669,028

5,470

(a) Virginia National Bankshares Corp

217,597

100,702

(a) Washington Federal, Inc

2,923,379

23,311

(a) Washington Trust Bancorp, Inc

634,992

119,607

(a) WesBanco, Inc

3,600,171

16,383

(a) West Bancorporation, Inc

348,466

32,650

(a) Westamerica Bancorporation

1,555,773

24,005

(a) Western New England Bancorp, Inc

272,937

71,264

(a) WSFS Financial Corp

3,712,142

TOTAL BANKS

339,513,729

CAPITAL GOODS - 13.8%

165,797

(a),(b)

3D Systems Corp

474,179

44,981

(a) AAR Corp

3,787,850

45,168

(a) Aebi Schmidt Holding AG.

503,623

40,489

(a) Aerovironment, Inc

14,977,286

45,030

(a) AerSale Corp

334,123

28,016

(a) AirJoule Technologies Corp

144,563

8,518

(a) AIRO Group Holdings, Inc

139,354

12,966

(a) Alamo Group, Inc

2,317,283

39,014

(a) Albany International Corp (Class A)

2,207,412

18,217

(a) Allied Motion Technologies, Inc

996,106

22,341

(a) Alta Equipment Group, Inc

136,727

39,038

(a) Ameresco, Inc

1,542,782

55,335

(a) American Superconductor Corp

3,277,492

18,429

(a) American Woodmark Corp

1,174,480

115,319

(a) Amprius Technologies, Inc

1,624,845

28,275

(a) Apogee Enterprises, Inc

1,035,148

698,704

(a) Archer Aviation, Inc

7,839,459

61,255

Arcosa, Inc

6,248,010

16,855

(a) Argan, Inc

5,161,170

192,674

(a),(b)

Array Technologies, Inc

1,668,557

29,643

(a) Astec Industries, Inc

1,379,289

38,459

(a) Astronics Corp

1,891,414

42,830

Atkore, Inc

2,965,977

106,048

Atmus Filtration Technologies, Inc

4,823,063

37,601

AZZ, Inc

3,754,460

272,398

(a) Bloom Energy Corp

36,000,120

40,003

(a) Blue Bird Corp

1,998,550

10,137

(a) BlueLinx Holdings, Inc

663,365

48,030

Boise Cascade Co

3,385,635

18,047

(a) Bowman Consulting Group Ltd

781,255

29,082

(a),(b)

Brookfield Business Corp

1,060,330

22,107

(a),(b)

Byrna Technologies, Inc

447,667

36,984

(a),(b)

Cadre Holdings, Inc

1,570,341

88,514

(a) Centuri Holdings, Inc

1,787,098

57,428

(a) Chart Industries, Inc

11,463,777

35,735

Columbus McKinnon Corp

579,979

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

78,551

(a),(b)

Complete Solaria, Inc

$

141,392

32,351

(a) Concrete Pumping Holdings, Inc

206,723

59,612

(a) Construction Partners, Inc

6,816,632

20,757

(a) CSW Industrials, Inc

5,197,968

78,579

(a),(b)

Custom Truck One Source, Inc

462,830

132,206

(a) DNOW, Inc

1,943,428

29,590

Douglas Dynamics, Inc

894,506

17,595

(a) Ducommun, Inc

1,614,341

16,290

(a) DXP Enterprises, Inc

1,949,098

35,598

(a) Dycom Industries, Inc

10,244,748

6,955

(a) Eastern Co

148,489

65,261

(a) Energy Recovery, Inc

1,116,616

67,797

Enerpac Tool Group Corp

2,782,389

48,865

EnerSys

6,164,808

205,304

(a),(b)

Enovix Corp

2,461,595

26,950

EnPro Industries, Inc

6,252,669

322,857

(a),(b)

Eos Energy Enterprises, Inc

5,175,398

32,898

ESCO Technologies, Inc

7,220,124

65,295

(a),(b)

Eve Holding, Inc

284,686

6,471

(a) EVI Industries, Inc

174,329

76,244

(a) Federal Signal Corp

8,999,079

98,695

(a),(b)

Fluence Energy, Inc

2,072,595

208,275

(a) Fluor Corp

10,157,572

50,738

(a) Franklin Electric Co, Inc

4,808,440

152,807

(a) Freyr Battery, Inc

568,442

45,585

(a) GATX Corp

7,150,007

13,295

(a) Gencor Industries, Inc

180,679

38,751

(a) Gibraltar Industries, Inc

2,417,675

18,424

(a) Global Industrial Co

523,610

26,223

(a) Gorman-Rupp Co

1,179,248

13,824

(a) Graham Corp

861,097

55,248

(a) Granite Construction, Inc

5,685,572

82,913

(a) Great Lakes Dredge & Dock Corp

941,063

37,629

Greenbrier Cos, Inc

1,571,763

48,454

(a) Griffon Corp

3,586,080

41,841

(a) Helios Technologies, Inc

2,316,318

41,544

Herc Holdings, Inc

5,901,325

91,875

Hillenbrand, Inc

2,903,250

257,458

(a) Hillman Solutions Corp

2,373,763

46,787

(a) Hudson Technologies, Inc

424,592

152,570

(a),(b)

Hyliion Holdings Corp

361,591

14,685

(a) Hyster-Yale Materials Handling, Inc

527,779

11,430

(a) IES Holdings, Inc

4,479,188

24,219

(a) Insteel Industries, Inc

756,602

134,901

(a),(b)

Intuitive Machines, Inc

1,609,369

169,081

(a) Janus International Group, Inc

1,623,178

113,834

(a) JELD-WEN Holding, Inc

494,040

66,323

John Bean Technologies Corp

8,363,330

14,977

(a) Kadant, Inc

4,143,537

10,528

(a) Karat Packaging, Inc

252,883

98,523

(a) Kennametal, Inc

2,162,580

211,101

(a) Kratos Defense & Security Solutions, Inc

19,125,751

42,895

(a),(b)

KULR Technology Group, Inc

164,288

10,578

(a) Lawson Products, Inc

289,202

12,187

(a) LB Foster Co (Class A)

333,924

13,762

(a),(b)

Limbach Holdings, Inc

1,300,234

13,923

Lindsay Corp

1,548,794

35,165

(a) LSI Industries, Inc

804,927

35,993

(a) Luxfer Holdings plc

439,115

45,765

(a) Manitowoc Co, Inc

465,430

161,001

(a) Masterbrand, Inc

2,033,443

35,714

(a) Matrix Service Co

536,424

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

18,503

(a) Mayville Engineering Co Inc

$

329,723

31,065

McGrath RentCorp

3,337,624

66,159

(a) Mercury Computer Systems, Inc

5,121,368

237,991

(a),(b)

Microvast Holdings, Inc

1,297,051

13,831

(a) Miller Industries, Inc

555,176

35,637

Moog, Inc (Class A)

7,300,239

110,684

(a) MRC Global, Inc

1,544,042

198,214

Mueller Water Products, Inc (Class A)

5,086,171

19,799

(a) MYR Group, Inc

4,310,242

39,431

(a),(b)

NANO Nuclear Energy, Inc

1,874,550

6,945

(a) National Presto Industries, Inc

742,907

28,744

(a),(b)

Net Power, Inc

109,802

100,181

(a) Newpark Resources, Inc

1,232,226

185,047

(a) NEXTracker, Inc

18,730,457

12,506

(a) Northwest Pipe Co

752,361

160,614

(a) NuScale Power Corp

7,206,750

4,550

(a) Omega Flex, Inc

125,807

48,956

(a) Orion Marine Group, Inc

527,256

33,185

(a),(b)

Palladyne AI Corp

277,758

20,636

(a) Park Aerospace Corp

395,386

10,937

(a) Park-Ohio Holdings Corp

225,630

1,383,813

(a) Plug Power, Inc

3,722,457

12,131

(a) Powell Industries, Inc

4,650,904

7,868

(a),(b)

Power Solutions International, Inc

673,658

3,045

(a) Preformed Line Products Co

645,875

68,744

Primoris Services Corp

9,728,651

29,843

(a) Proto Labs, Inc

1,484,988

59,599

(a) Quanex Building Products Corp

846,902

62,539

(a),(b)

Redwire Corp

492,182

175,251

(a) Resideo Technologies, Inc

7,500,743

61,636

(a) REV Group, Inc

3,160,078

90,001

(a),(b)

Richtech Robotics, Inc

433,805

10,755

Rush Enterprises, Inc

564,315

77,582

Rush Enterprises, Inc (Class A)

3,833,327

89,643

(a) Satellogic, Inc

171,218

212,795

(a) Shoals Technologies Group, Inc

2,236,475

79,995

(a) SKYX Platforms Corp

140,791

13,098

(a) Southland Holdings, Inc

58,548

61,203

(a) SPX Technologies, Inc

13,702,740

15,389

(a) Standex International Corp

3,589,176

37,883

(a) Sterling Construction Co, Inc

14,315,986

265,588

(a) Sunrun, Inc

5,513,607

30,089

(a) Tecnoglass, Inc

1,794,207

24,470

(a) Tennant Co

1,957,600

82,079

(a) Terex Corp

3,777,276

43,402

(a) Thermon Group Holdings, Inc

1,246,939

56,555

(a) Titan International, Inc

426,990

25,486

(a) Titan Machinery, Inc

417,970

11,701

(a) Transcat, Inc

850,078

104,992

Trinity Industries, Inc

2,873,631

56,041

(a) Tutor Perini Corp

3,774,922

76,676

(a) UFP Industries, Inc

7,064,160

24,260

(a) V2X, Inc

1,385,003

29,874

(a) Vicor Corp

2,710,468

16,957

(a) Voyager Technologies, Inc

518,545

28,688

VSE Corp

5,183,348

58,601

Wabash National Corp

469,980

34,861

(a) Watts Water Technologies, Inc (Class A)

9,503,109

3,648

(a) Willis Lease Finance Corp

468,330

39,507

(a) Worthington Enterprises, Inc

2,215,948

54,360

(a) Xometry, Inc

2,646,788

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CAPITAL GOODS

(continued)

190,703

(a) Zurn Elkay Water Solutions Corp

$

8,984,018

TOTAL CAPITAL GOODS

504,651,579

COMMERCIAL & PROFESSIONAL SERVICES - 3.1%

78,221

(a) ABM Industries, Inc

3,363,503

103,859

(a) ACCO Brands Corp

390,510

4,288

(a) Acme United Corp

162,987

218,090

(a) ACV Auctions, Inc

1,978,076

539,609

Alight, Inc

1,554,074

31,200

(a) Asure Software, Inc

276,120

32,048

Barrett Business Services, Inc

1,296,983

39,266

(a),(b)

BlackSky Technology, Inc

829,298

88,454

(a) BrightView Holdings, Inc

1,089,753

53,486

Brink's Co

5,945,504

79,868

(a) Casella Waste Systems, Inc (Class A)

7,073,909

62,847

(a),(b)

CBIZ, Inc

3,456,585

36,420

(a) CECO Environmental Corp

1,780,574

19,565

(a) Cimpress plc

1,354,094

1,670

(a),(b)

Compx International, Inc

37,558

212,998

(a) Conduent, Inc

506,935

135,621

(a) CoreCivic, Inc

2,513,057

8,554

(a) CRA International, Inc

1,629,451

35,031

CSG Systems International, Inc

2,741,876

56,285

Deluxe Corp

1,019,321

29,437

(a) Ennis, Inc

482,767

65,387

(a) Exponent, Inc

4,630,054

102,867

(a) First Advantage Corp

1,299,210

9,480

(a) Forrester Research, Inc

67,592

15,776

(a) Franklin Covey Co

267,877

172,514

(a) GEO Group, Inc

2,927,563

95,253

(a) Harsco Corp

1,163,039

94,552

(a) Healthcare Services Group

1,689,644

26,150

(a) Heidrick & Struggles International, Inc

1,526,376

88,347

(a) Herman Miller, Inc

1,379,980

7,182

(a) HireQuest, Inc

61,262

57,663

HNI Corp

2,359,570

21,683

(a) Huron Consulting Group, Inc

3,565,553

23,485

(a) ICF International, Inc

1,885,376

38,386

(a),(b)

Innodata, Inc

2,863,979

46,850

(a) Insperity, Inc

2,067,022

75,435

Interface, Inc

1,878,332

40,981

(a) Kelly Services, Inc (Class A)

459,397

24,542

(a) Kforce, Inc

620,913

65,643

Korn/Ferry International

4,247,102

148,771

(a) Legalzoom.com, Inc

1,483,247

27,926

(a) Liquidity Services, Inc

668,548

71,897

(a) MAXIMUS, Inc

5,976,079

16,256

(a) Mistras Group, Inc

155,082

18,810

(a) Mobile Infrastructure Corp

64,330

39,789

(a) Montrose Environmental Group, Inc

1,029,739

9,268

(a) NL Industries, Inc

56,071

134,678

(a) OPENLANE, Inc

3,558,193

22,454

(a),(b)

Perma-Fix Environmental Services, Inc

307,395

219,518

Pitney Bowes, Inc

2,168,838

295,482

(a) Planet Labs PBC

3,974,233

28,773

(a) Quad Graphics, Inc

158,539

6,374

(a) RCM Technologies, Inc

147,239

5,529

(a),(b)

Resolute Holdings Management, Inc

407,266

31,164

(a) Resources Connection, Inc

137,122

5,847

(a) Skillsoft Corp

76,771

30,243

(a) Spire Global, Inc

329,044

108,864

(a) Steelcase, Inc (Class A)

1,737,469

214,986

(a) TIC Solutions, Inc

2,607,780

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

COMMERCIAL & PROFESSIONAL SERVICES

(continued)

37,824

TriNet Group, Inc

$

2,269,440

41,004

(a) TrueBlue, Inc

194,359

8,883

(a),(b)

TTEC Holdings, Inc

31,002

18,910

(a) Unifirst Corp

2,918,759

155,561

(a) Upwork, Inc

2,479,642

203,162

(a) Verra Mobility Corp

4,715,390

150,093

Vestis Corp

787,988

13,996

(a) Virco Mfg. Corp

102,451

17,379

(a) Willdan Group, Inc

1,642,489

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

114,627,281

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.2%

36,380

(a) 1-800-FLOWERS.COM, Inc (Class A)

130,968

60,057

(a) Abercrombie & Fitch Co (Class A)

4,357,135

84,352

Academy Sports & Outdoors, Inc

4,039,617

76,230

(b) Advance Auto Parts, Inc

3,592,720

24,668

(a) A-Mark Precious Metals, Inc

655,675

206,561

American Eagle Outfitters, Inc

3,451,634

9,451

(a),(b)

America's Car-Mart, Inc

210,190

63,328

(a) Arhaus, Inc

634,547

96,285

Arko Corp

424,135

24,928

(a) Asbury Automotive Group, Inc

5,848,109

157,351

(a),(b)

BARK, Inc

142,843

19,431

(a),(b)

Barnes & Noble Education, Inc

177,405

39,061

(a) Boot Barn Holdings, Inc

7,407,919

40,571

(a) Buckle, Inc

2,223,291

15,650

(a) Build-A-Bear Workshop, Inc

848,543

41,245

(a) Caleres, Inc

455,345

78,593

Camping World Holdings, Inc

1,034,284

6,195

(a) Citi Trends, Inc

221,905

37,833

(a),(b)

Designer Brands, Inc

139,604

6,708

(a) Envela Corp

60,976

160,796

(a) EVgo, Inc

660,872

13,851

(a) Genesco, Inc

401,818

31,593

(a),(b)

GigaCloud Technology, Inc

883,972

16,009

Group 1 Automotive, Inc

6,364,218

32,477

(a),(b)

Groupon, Inc

653,762

20,154

(a) Haverty Furniture Cos, Inc

439,559

6,255

(a) J Jill, Inc

94,263

137,990

Kohl's Corp

2,245,097

11,316

(a),(b)

Lands' End, Inc

178,114

24,386

(a) MarineMax, Inc

604,041

38,889

(a),(b)

Monro Muffler, Inc

569,724

99,614

(a) National Vision Holdings, Inc

2,565,060

34,953

(a) ODP Corp

974,490

16,656

(a),(b)

OneWater Marine, Inc

258,668

71,764

(a) Overstock.com, Inc

553,300

98,702

(a) Petco Health & Wellness Co, Inc

313,872

118,228

(a) RealReal, Inc

1,443,564

52,648

(a) Revolve Group, Inc

1,164,574

131,996

(a) Sally Beauty Holdings, Inc

1,994,460

48,039

(a),(b)

Savers Value Village, Inc

442,439

24,101

(a) Shoe Carnival, Inc

441,771

50,881

Signet Jewelers Ltd

5,029,587

20,773

(a),(b)

Sleep Number Corp

114,251

18,947

(a) Sonic Automotive, Inc (Class A)

1,203,703

131,851

(a) Stitch Fix, Inc

552,456

118,066

(a) ThredUp, Inc

1,037,800

24,764

(a) Tile Shop Holdings, Inc

155,023

30,665

(a) Torrid Holdings, Inc

38,331

64,777

(a) Upbound Group, Inc

1,255,378

77,718

(a) Urban Outfitters, Inc

5,021,360

88,965

(a) Victoria's Secret & Co

3,136,016

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

(continued)

124,743

(a) Warby Parker, Inc

$

2,443,715

8,228

(a) Weyco Group, Inc

235,897

3,819

(a) Winmark Corp

1,539,706

18,491

(a) Zumiez, Inc

400,330

TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL

81,468,036

CONSUMER DURABLES & APPAREL - 2.7%

35,162

(a) Acushnet Holdings Corp

2,719,077

15,924

(a) American Outdoor Brands, Inc

109,398

122,313

(a),(b)

AMMO, Inc

195,701

10,357

(a) Bassett Furniture Industries, Inc

152,766

37,885

(a) Beazer Homes USA, Inc

848,624

171,602

(a) Callaway Golf Co

1,614,775

148,090

(a) Capri Holdings Ltd

3,072,867

46,255

Carter's, Inc

1,452,407

9,708

(a) Cavco Industries, Inc

5,143,298

33,320

(a) Century Communities, Inc

1,979,208

20,964

(a) Clarus Corp

70,020

56,766

Cricut, Inc

301,427

39,244

(a),(b)

Dream Finders Homes, Inc

777,031

76,195

(a),(b)

Ermenegildo Zegna NV

777,951

13,002

(a) Escalade, Inc

149,653

30,056

(a) Ethan Allen Interiors, Inc

726,454

114,860

(a) Figs, Inc

856,856

4,788

(a) Flexsteel Industries, Inc

163,702

40,073

(a) Funko, Inc

125,028

49,660

(a) G-III Apparel Group Ltd

1,333,371

39,557

(a) Green Brick Partners, Inc

2,560,920

6,838

(a) Hamilton Beach Brands Holding Co

96,211

442,810

(a) Hanesbrands, Inc

2,926,974

28,591

(a) Helen of Troy Ltd

532,650

6,015

(a) Hovnanian Enterprises, Inc

723,183

29,677

(a) Installed Building Products, Inc

7,366,722

9,347

(a) JAKKS Pacific, Inc

158,899

6,867

(a) Johnson Outdoors, Inc

279,693

84,464

KB Home

5,272,243

69,997

Kontoor Brands, Inc

5,664,157

11,870

(a),(b)

Lakeland Industries, Inc

195,380

52,296

(a) Latham Group, Inc

379,146

51,876

La-Z-Boy, Inc

1,644,469

9,523

(a) Legacy Housing Corp

213,839

173,444

Leggett & Platt, Inc

1,619,967

26,793

(a) LGI Homes, Inc

1,093,422

15,157

(a),(b)

Lovesac Co

210,228

33,146

(a) M/I Homes, Inc

4,149,548

23,719

(a) Malibu Boats, Inc

661,049

11,799

(a) Marine Products Corp

99,702

18,347

(a) MasterCraft Boat Holdings, Inc

368,041

90,350

Meritage Homes Corp

6,104,046

17,903

Movado Group, Inc

326,014

17,932

(a) Oxford Industries, Inc

660,794

478,003

(a) Peloton Interactive, Inc

3,470,302

67,910

Polaris Industries, Inc

4,488,851

8,350

(a) Rocky Brands, Inc

235,386

72,323

(a) Skyline Champion Corp

4,934,598

56,245

(a) Smith & Wesson Brands, Inc

539,108

148,311

(a) Sonos, Inc

2,546,500

90,161

Steven Madden Ltd

3,057,359

20,821

(a) Sturm Ruger & Co, Inc

883,019

17,465

(a) Superior Uniform Group, Inc

163,123

123,193

(a) Taylor Morrison Home Corp

7,301,649

37,164

(a) Traeger, Inc

34,191

109,606

(a) Tri Pointe Homes, Inc

3,490,951

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CONSUMER DURABLES & APPAREL

(continued)

102,652

(a) Wolverine World Wide, Inc

$

2,330,200

TOTAL CONSUMER DURABLES & APPAREL

99,352,148

CONSUMER SERVICES - 2.7%

68,526

(a) Accel Entertainment, Inc

698,280

45,057

(a) Adtalem Global Education, Inc

4,416,487

21,330

(a) American Public Education, Inc

714,342

9,596

(a) BALLY'S CORP

174,743

914

(a) Biglari Holdings, Inc (B Shares)

330,237

27,812

(a) BJ's Restaurants, Inc

944,495

109,053

(a) Bloomin' Brands, Inc

744,832

56,227

(a) Brinker International, Inc

6,109,626

18,194

(a) Carriage Services, Inc

813,272

59,419

(a) Cheesecake Factory

2,959,066

173,923

(a) Coursera, Inc

1,464,432

28,851

Cracker Barrel Old Country Store, Inc

972,279

35,343

(a) Dave & Buster's Entertainment, Inc

519,189

69,612

(a) Denny's Corp

272,183

18,248

(b) Dine Brands Global Inc.

451,091

77,942

(a) Driven Brands Holdings, Inc

1,118,468

27,538

(a) El Pollo Loco Holdings, Inc

281,438

38,146

(a) European Wax Center, Inc

148,769

56,610

(a) First Watch Restaurant Group, Inc

933,499

93,872

(a) Frontdoor, Inc

6,235,917

279,156

(a) Genius Sports Ltd

3,143,297

122,787

(a),(b)

Global Business Travel Group I

965,106

25,370

(a) Golden Entertainment, Inc

512,474

4,072

(a) Graham Holdings Co

4,121,393

73,410

(a) Hilton Grand Vacations, Inc

3,042,844

31,386

(a) Inspired Entertainment, Inc

236,964

143,825

(a) International Game Technology plc

2,396,124

24,691

(a),(b)

Jack in the Box, Inc

396,044

31,428

(a) KinderCare Learning Cos, Inc

185,425

83,774

(a),(b)

Krispy Kreme, Inc

300,749

7,827

(a),(b)

Kura Sushi USA, Inc

445,591

162,942

(a) Laureate Education, Inc

4,730,206

172,437

(a) Life Time Group Holdings, Inc

4,264,367

38,401

(a) Lincoln Educational Services Corp

745,747

47,271

(a) Lindblad Expeditions Holdings, Inc

570,088

35,502

Marriott Vacations Worldwide Corp

2,342,422

39,687

Matthews International Corp (Class A)

929,470

28,173

(a) McGraw-Hill, Inc

314,411

116,040

(a) Mister Car Wash, Inc

648,664

16,029

(a) Monarch Casino & Resort, Inc

1,443,732

3,470

(a) Nathan's Famous, Inc

367,230

75,374

(a),(b)

Nerdy, Inc

74,613

119,990

(a) OneSpaWorld Holdings Ltd

2,792,167

40,893

(a) Papa John's International, Inc

2,077,773

77,861

Perdoceo Education Corp

2,472,865

72,338

(a),(b)

Portillo's, Inc

387,008

9,630

(a),(b)

RCI Hospitality Holdings, Inc

239,883

61,754

Red Rock Resorts, Inc

3,292,106

111,952

(a) Rush Street Interactive, Inc

1,898,706

472,002

(a) Sabre Corp

965,244

35,312

(a) SeaWorld Entertainment, Inc

1,709,101

60,964

(a) Serve Robotics, Inc

806,554

49,492

(a) Shake Shack, Inc

4,776,473

121,651

Six Flags Entertainment Corp

2,795,540

29,962

(a) Strategic Education, Inc

2,276,513

54,241

(a) Stride, Inc

3,690,558

200,661

(a) Super Group SGHC Ltd

2,167,139

132,917

(a),(b)

Sweetgreen, Inc

836,048

39,028

(a) Target Hospitality Corp

300,125

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CONSUMER SERVICES

(continued)

120,504

(a) Udemy, Inc

$

686,270

58,186

(a) Universal Technical Institute, Inc

1,729,288

27,586

(a) Viad Corp

978,751

32,389

(a) Xponential Fitness, Inc

217,654

TOTAL CONSUMER SERVICES

99,575,372

CONSUMER STAPLES DISTRIBUTION & RETAIL - 0.5%

42,553

Andersons, Inc

1,970,629

46,327

(a) Chefs' Warehouse, Inc

2,733,293

118,726

(a) Grocery Outlet Holding Corp

1,615,861

24,350

(a) Guardian Pharmacy Services, Inc

682,774

51,841

(a) HF Foods Group, Inc

111,977

17,981

(a) Ingles Markets, Inc (Class A)

1,242,487

16,543

(a) Natural Grocers by Vitamin Cottage, Inc

530,865

32,320

(a) Pricesmart, Inc

3,714,861

76,857

(a) United Natural Foods, Inc

2,893,666

11,469

(a) Village Super Market (Class A)

359,783

21,342

(a) Weis Markets, Inc

1,351,802

TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL

17,207,998

ENERGY - 5.0%

210,306

Archrock, Inc

5,314,433

41,654

Ardmore Shipping Corp

524,424

100,757

(b) Atlas Energy Solutions, Inc

1,247,372

96,397

Berry Corp

324,858

21,765

(a) BKV Corp

513,436

311,055

(a),(b)

Borr Drilling Ltd

964,270

34,116

(a) Bristow Group, Inc

1,388,521

87,131

Cactus, Inc

3,848,576

85,236

California Resources Corp

4,020,582

89,922

(a),(b)

Calumet, Inc

1,758,874

19,947

(a),(b)

Centrus Energy Corp

7,329,725

211,719

(a) Clean Energy Fuels Corp

605,516

173,862

(a) CNX Resources Corp

5,852,195

92,062

(a),(b)

Comstock Resources, Inc

1,726,162

63,121

(a),(b)

Core Laboratories, Inc

1,006,149

66,341

Core Natural Resources, Inc

5,240,939

232,892

(a) Crescent Energy Co

1,963,280

39,164

(a) CVR Energy, Inc

1,393,847

75,845

(a) Delek US Holdings, Inc

2,863,907

161,183

DHT Holdings, Inc

2,140,510

71,374

(a) Diversified Energy Co plc

902,881

22,625

(a) DMC Global, Inc

182,357

46,932

Dorian LPG Ltd

1,353,988

14,962

(a),(b)

Empire Petroleum Corp

45,036

241,021

(a),(b)

Encore Energy Corp

744,755

271,998

(a),(b)

Energy Fuels, Inc

5,578,679

15,353

(a) Energy Services of America Corp

168,269

24,742

(a) Epsilon Energy Ltd

118,762

42,535

(a) Evolution Petroleum Corp

186,303

30,340

Excelerate Energy, Inc

786,109

134,385

(a) Expro Group Holdings NV

1,824,948

41,112

(a) FLEX LNG Ltd

1,067,679

24,168

(a) Flowco Holdings, Inc

391,522

13,082

(a) Forum Energy Technologies, Inc

350,336

23,218

(a) FutureFuel Corp

91,247

301,627

(a) Gevo, Inc

705,807

126,452

Golar LNG Ltd

5,190,855

63,375

(a) Granite Ridge Resources, Inc

334,620

76,694

(a) Green Plains, Inc

788,414

19,945

(a) Gulfport Energy Operating Corp

3,709,969

173,954

(a) Helix Energy Solutions Group, Inc

1,168,971

122,147

(a) Helmerich & Payne, Inc

3,207,580

21,552

(a),(b)

HighPeak Energy, Inc

143,321

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

ENERGY

(continued)

16,353

(a) Infinity Natural Resources, Inc

$

187,732

50,310

(a) Innovex International, Inc

1,009,722

50,921

(a) International Seaways, Inc

2,608,683

58,257

(a) Kinetik Holdings, Inc

2,243,477

84,727

(a) Kodiak Gas Services, Inc

3,124,732

33,545

(a),(b)

Kolibri Global Energy, Inc

146,592

618,160

(a) Kosmos Energy Ltd

970,511

206,027

Liberty Energy, Inc

3,731,149

24,461

(a) Lightbridge Corp

656,289

238,014

Magnolia Oil & Gas Corp

5,345,794

31,375

(a) Mammoth Energy Services, Inc

64,005

172,331

Murphy Oil Corp

4,876,967

18,575

(a),(b)

Nabors Industries Ltd

901,259

5,622

(a) Nacco Industries, Inc (Class A)

237,698

76,359

(a) National Energy Services Reunited Corp

963,651

11,656

(a) Natural Gas Services Group, Inc

324,503

39,856

(a),(b)

Navigator Holdings Ltd

655,233

140,087

(a),(b)

New Fortress Energy, Inc

180,712

174,432

(a),(b)

NextDecade Corp

1,034,382

23,238

(a) NextNRG, Inc

46,244

160,134

Noble Corp plc

4,699,933

270,472

(a) Nordic American Tankers Ltd

995,337

120,193

Northern Oil and Gas, Inc

2,659,871

119,249

(a) Oceaneering International, Inc

2,777,309

66,498

(a) Oil States International, Inc

396,993

28,453

(a),(b)

OPAL Fuels, Inc

68,572

64,569

(a) Par Pacific Holdings, Inc

2,581,469

459,710

(a) Patterson-UTI Energy, Inc

2,882,382

106,639

PBF Energy, Inc

3,643,855

157,964

Peabody Energy Corp

4,331,373

28,188

(a) Prairie Operating Co

57,785

(a),(b)

PrimeEnergy Corp

30,429

22,596

(a) ProFrac Holding Corp

123,600

104,919

(a) ProPetro Holding Corp

1,089,059

22,159

(a) Ranger Energy Services, Inc

304,465

36,774

(a) Rex American Resources Corp

1,177,871

17,023

(a) Riley Exploration Permian, Inc

442,938

111,463

(a) RPC, Inc

579,608

96,338

(a),(b)

Sable Offshore Corp

1,007,695

43,799

(a) SandRidge Energy, Inc

521,646

56,232

Scorpio Tankers, Inc

3,469,514

27,120

(a) SEACOR Marine Holdings, Inc

172,483

80,088

(a) Seadrill Ltd

2,527,577

115,474

Select Water Solutions, Inc

1,334,879

151,366

(a) SFL Corp Ltd

1,129,190

147,823

SM Energy Co

3,088,022

45,525

(a) Solaris Oilfield Infrastructure, Inc

2,423,296

13,253

(a) Summit Midstream Corp

290,506

156,859

(a) Talos Energy, Inc

1,538,787

70,368

(a) Teekay Corp Ltd

676,940

30,318

(a) Teekay Tankers Ltd

1,849,398

157,128

(a) Tetra Technologies, Inc

1,109,324

62,595

(a) Tidewater, Inc

3,166,681

1,079,301

(a) Transocean Ltd

4,144,516

539,930

(a) Uranium Energy Corp

8,169,141

141,101

(a) Vaalco Energy, Inc

554,527

81,218

(a) Valaris Ltd

4,557,954

5,797

(a),(b)

Verde Clean Fuels, Inc

19,246

39,061

(a) Vital Energy, Inc

613,648

38,233

(a),(b)

Vitesse Energy, Inc

831,568

125,971

(a),(b)

W&T Offshore, Inc

264,539

15,046

(a) Western Midstream Partners LP

563,774

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

ENERGY

(continued)

69,463

World Fuel Services Corp

$

1,795,619

42,465

(a),(b)

XCF Global, Inc

37,433

TOTAL ENERGY

183,080,071

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 4.9%

167,673

Acadia Realty Trust

3,197,524

91,595

(a) Alexander & Baldwin, Inc

1,462,772

2,876

(a) Alexander's, Inc

635,395

12,345

(a) Alpine Income Property Trust, Inc

181,225

67,812

(a) American Assets Trust, Inc

1,295,887

202,187

American Healthcare REIT, Inc

9,163,115

170,337

(a) Apartment Investment and Management Co

906,193

282,952

Apple Hospitality REIT, Inc

3,166,233

97,361

Armada Hoffler Properties, Inc

636,741

72,610

(a) Braemar Hotels & Resorts, Inc

185,155

216,090

Brandywine Realty Trust

741,189

238,831

Broadstone Net Lease, Inc

4,279,852

11,863

(a) BRT Apartments Corp

174,505

268,390

CareTrust REIT, Inc

9,299,713

23,831

CBL & Associates Properties, Inc

704,683

21,029

Centerspace

1,245,968

58,471

Chatham Lodging Trust

374,214

54,938

(a) City Office REIT, Inc

379,072

13,183

(a) Clipper Realty, Inc

51,282

36,253

Community Healthcare Trust, Inc

531,469

144,269

Corporate Office Properties Trust

4,064,058

39,641

(a) CTO Realty Growth, Inc

661,212

121,559

Curbline Properties Corp

2,803,151

268,370

DiamondRock Hospitality Co

2,098,653

279,271

(a) Diversified Healthcare Trust

1,189,694

210,659

Douglas Emmett, Inc

2,725,927

50,668

(a) Easterly Government Properties, Inc

1,095,442

180,702

Empire State Realty Trust, Inc

1,335,388

252,164

Essential Properties Realty Trust, Inc

7,534,660

51,722

(a) Farmland Partners, Inc

518,772

125,881

Four Corners Property Trust, Inc

2,975,827

87,104

(a) Franklin Street Properties Corp

104,525

23,258

(a) FrontView REIT, Inc

309,331

66,679

Getty Realty Corp

1,829,005

59,567

(a) Gladstone Commercial Corp

680,851

44,632

(a) Gladstone Land Corp

404,366

16,652

(a) Global Medical REIT, Inc

511,216

257,043

(a) Global Net Lease, Inc

1,958,668

469,464

Hudson Pacific Properties, Inc

1,145,492

296,203

Independence Realty Trust, Inc

4,718,514

69,811

(a) Industrial Logistics Properties Trust

368,602

35,287

(a) Innovative Industrial Properties, Inc

1,769,643

98,064

InvenTrust Properties Corp

2,686,954

79,639

JBG SMITH Properties

1,552,164

279,209

Kite Realty Group Trust

6,181,687

375,090

Lexington Realty Trust

3,559,604

57,350

(a) LTC Properties, Inc

2,011,838

324,131

Macerich Co

5,558,847

100,172

Mack-Cali Realty Corp

1,438,470

12,199

(a) Modiv Industrial, Inc

175,910

58,486

(a) National Health Investors, Inc

4,357,792

18,115

(a) NET Lease Office Properties

531,675

116,493

NETSTREIT Corp

2,169,100

53,402

(a) NexPoint Diversified Real Estate Trust

169,818

29,346

NexPoint Residential Trust, Inc

900,042

23,673

(a) One Liberty Properties, Inc

475,591

177,141

(a) Outfront Media, Inc

3,133,624

242,460

(a) Paramount Group, Inc

1,585,688

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

(continued)

47,857

(a) Peakstone Realty Trust

$

646,548

150,209

Pebblebrook Hotel Trust

1,571,186

160,867

Phillips Edison & Co, Inc

5,443,739

161,588

Piedmont Office Realty Trust, Inc

1,302,399

52,945

Plymouth Industrial REIT, Inc

1,164,790

28,733

Postal Realty Trust, Inc

425,536

99,814

PotlatchDeltic Corp

3,992,560

194,320

RLJ Lodging Trust

1,321,376

77,460

Ryman Hospitality Properties, Inc

6,732,049

302,415

Sabra Health Care REIT, Inc

5,389,035

69,964

(a) Safehold, Inc

1,009,581

12,884

(a) Saul Centers, Inc

381,495

182,851

Service Properties Trust

391,301

67,945

Sila Realty Trust, Inc

1,610,297

63,500

SITE Centers Corp

465,455

91,455

SL Green Realty Corp

4,696,214

38,422

(a) Smartstop Self Storage REIT, Inc

1,319,796

11,928

(a) Strawberry Fields REIT, Inc

138,723

138,486

Summit Hotel Properties, Inc

711,818

249,237

Sunstone Hotel Investors, Inc

2,205,747

142,052

Tanger Factory Outlet Centers, Inc

4,625,213

129,736

Terreno Realty Corp

7,411,818

101,202

UMH Properties, Inc

1,471,477

17,460

(a) Universal Health Realty Income Trust

667,321

161,546

Urban Edge Properties

3,106,530

112,205

Washington REIT

1,845,772

62,723

(a) Whitestone REIT

786,546

129,331

Xenia Hotels & Resorts, Inc

1,590,771

TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS)

178,329,081

FINANCIAL SERVICES - 5.6%

51,959

(a) Acacia Research (Acacia Technologies)

180,298

8,122

(a) ACRES Commercial Realty Corp

170,562

22,327

(a) AFC Gamma, Inc

72,563

37,607

(a) AG. Mortgage Investment Trust, Inc

268,514

26,996

(a) Alerus Financial Corp

570,156

45,450

(a),(b)

AlTi Global, Inc

179,073

12,950

(a) Angel Oak Mortgage REIT, Inc

117,456

181,589

Apollo Commercial Real Estate Finance, Inc

1,777,756

241,981

(a) Arbor Realty Trust, Inc

2,441,588

68,600

(a) Ares Commercial Real Estate Corp

305,956

138,325

(a) ARMOUR Residential REIT, Inc

2,243,631

78,857

(a) Artisan Partners Asset Management, Inc

3,442,897

6,149

(a) Atlanticus Holdings Corp

338,871

13,882

(a) Bakkt Holdings, Inc

384,115

36,319

(a) Banco Latinoamericano de Exportaciones S.A. (Class E)

1,562,080

6,466

(a) Better Home & Finance Holding Co

473,376

454,371

BGC Group, Inc

4,152,951

205,854

Blackstone Mortgage Trust, Inc

3,804,182

59,387

Bread Financial Holdings, Inc

3,720,596

34,378

(a) Brightsphere Investment Group, Inc

1,653,582

174,785

(a) BrightSpire Capital, Inc

901,891

253,228

(a) Burford Capital Ltd

2,519,619

74,827

(a) Cannae Holdings, Inc

1,337,907

69,076

(a) Cantaloupe, Inc

729,443

15,683

Cass Information Systems, Inc

619,949

20,932

(a) Chicago Atlantic Real Estate Finance, Inc

269,186

97,772

(a) Chimera Investment Corp

1,247,571

116,554

(a) Claros Mortgage Trust, Inc

372,973

35,987

(a) Cohen & Steers, Inc

2,458,632

82,564

(a) Compass Diversified Trust

526,758

9,260

(a) Consumer Portfolio Services, Inc

77,784

11,540

(a) Dave, Inc

2,761,753

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

FINANCIAL SERVICES

(continued)

3,479

(a) Diamond Hill Investment Group, Inc

$

446,530

213,259

DigitalBridge Group, Inc

2,522,854

34,549

(a) Donnelley Financial Solutions, Inc

1,587,527

158,213

(a) Dynex Capital, Inc

2,094,740

112,151

(a) Ellington Financial, Inc

1,493,851

36,018

(a) Enact Holdings, Inc

1,286,563

28,738

(a) Encore Capital Group, Inc

1,194,926

30,620

(a) Enova International, Inc

3,661,233

123,920

Essent Group Ltd

7,505,834

82,767

(a) EVERTEC, Inc

2,356,376

12,150

(a) Federal Agricultural Mortgage Corp

1,927,476

5,777

(a),(b)

Finance Of America Cos, Inc

127,094

50,365

FirstCash Holdings, Inc

7,982,852

147,160

(a) Flywire Corp

1,960,171

13,267

(a) Forge Global Holdings, Inc

291,078

101,830

(a) Franklin BSP Realty Trust, Inc

1,032,556

55,380

(a),(b)

GCM Grosvenor, Inc

637,424

28,671

(a) Great Ajax Corp

76,552

66,786

(a) Green Dot Corp

775,385

152,523

Hannon Armstrong Sustainable Infrastructure Capital, Inc

4,226,412

39,308

(a) International Money Express, Inc

585,296

78,383

(a) Invesco Mortgage Capital, Inc

590,224

91,059

Jackson Financial, Inc

9,179,658

13,030

(a) Jefferson Capital, Inc

246,006

75,861

KKR Real Estate Finance Trust, Inc

617,509

139,438

Ladder Capital Corp

1,473,860

143,432

(a) LendingClub Corp

2,494,282

14,527

(a) LendingTree, Inc

929,728

106,791

(a),(b)

loanDepot, Inc

322,509

58,265

(a) Lument Finance Trust, Inc

90,893

67,787

Marex Group plc

2,057,335

2,137

(a) MarketWise, Inc

36,286

487,343

(a) Marqeta, Inc

2,207,664

18,781

(a) Medallion Financial Corp

184,617

33,677

(a) Merchants Bancorp

1,050,386

132,837

(a) MFA Financial, Inc

1,194,205

94,554

(a) Moelis & Co

5,988,105

91,769

(a) Navient Corp

1,122,335

93,482

(a) NCR Corp ATM

3,449,486

15,936

Nelnet, Inc (Class A)

2,056,541

53,791

(a) NerdWallet, Inc

627,741

113,687

(a) New York Mortgage Trust, Inc

758,292

30,932

(a) NewtekOne, Inc

321,693

8,157

(a) Nexpoint Real Estate Finance, Inc

106,367

98,803

(a) NMI Holdings, Inc

3,599,393

8,575

(a) Ocwen Financial Corp

321,305

138,168

(a) Open Lending Corp

262,519

43,517

(a) Oportun Financial Corp

231,946

31,487

(a) OppFi, Inc

306,998

154,603

(a) Orchid Island Capital, Inc

1,117,780

70,663

(a) P10, Inc

717,936

230,334

(a) Pagseguro Digital Ltd

2,208,903

77,915

(a) Patria Investments Ltd

1,135,222

361,717

(a) Payoneer Global, Inc

2,094,341

42,560

(a),(b)

Paysafe Ltd

468,586

43,694

(a) Paysign Inc

225,679

37,238

PennyMac Financial Services, Inc

4,684,913

114,415

(a) PennyMac Mortgage Investment Trust

1,377,557

79,242

(a) Perella Weinberg Partners

1,480,241

22,253

Piper Jaffray Cos

7,104,493

29,187

PJT Partners, Inc

4,702,318

50,492

(a) PRA Group, Inc

692,245

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

FINANCIAL SERVICES

(continued)

32,441

(a) Priority Technology Holdings Inc

$

225,789

50,504

PROG Holdings, Inc

1,461,081

172,404

Radian Group, Inc

5,851,392

212,565

(a) Ready Capital Corp

622,815

172,173

(a) Redwood Trust, Inc

914,239

12,067

(a) Regional Management Corp

474,836

211,132

(a) Remitly Global, Inc

3,386,557

101,435

(a) Repay Holdings Corp

435,156

20,058

(a) Security National Financial Corp

159,862

16,624

(a) Seven Hills Realty Trust

157,263

20,160

(a) Sezzle, Inc

1,321,488

18,282

(a) Siebert Financial Corp

51,372

10,302

(a) Silvercrest Asset Management Group, Inc

145,670

87,852

StepStone Group, Inc

5,348,430

318,013

(a) StoneCo Ltd

6,045,427

58,686

(a) StoneX Group, Inc

5,394,417

13,393

(a) Sunrise Realty Trust, Inc

132,323

4,871

(a) SWK Holdings Corp

78,861

89,197

(a) TPG RE Finance Trust, Inc

771,554

134,201

(a) Triller Group, Inc

76,964

135,790

Two Harbors Investment Corp

1,319,879

106,896

(a),(b)

Upstart Holdings, Inc

5,079,698

1,276

(a) Value Line, Inc

46,778

10,761

(a) Velocity Financial, Inc

200,370

56,371

Victory Capital Holdings, Inc

3,510,222

8,534

(a) Virtus Investment Partners, Inc

1,389,506

42,826

Walker & Dunlop, Inc

3,422,654

21,757

(a) Waterstone Financial, Inc

332,882

9,532

(a) Westwood Holdings Group, Inc

159,661

156,352

WisdomTree, Inc

1,869,970

3,415

(a) World Acceptance Corp

435,310

TOTAL FINANCIAL SERVICES

206,116,922

FOOD, BEVERAGE & TOBACCO - 0.9%

6,964

(a) Alico, Inc

245,202

97,456

(a),(b)

B&G Foods, Inc (Class A)

389,824

91,026

(a) Beyond Meat, Inc

150,648

120,929

(a),(b)

BRC, Inc

153,580

22,401

(a) Calavo Growers, Inc

497,526

58,247

Cal-Maine Foods, Inc

5,114,087

85,992

Dole plc

1,095,538

6,332

(a),(b)

Forafric Global plc

59,141

40,393

(a) Fresh Del Monte Produce, Inc

1,427,893

108,034

(a) Hain Celestial Group, Inc

125,319

23,066

(a) Ispire Technology, Inc

43,133

20,132

(a) J&J Snack Foods Corp

1,704,174

9,304

(a) John B Sanfilippo & Son, Inc

584,105

25,498

Lancaster Colony Corp

3,997,831

5,951

(a) Lifeway Foods, Inc

142,765

23,415

(a) Limoneira Co

330,854

44,117

(a) MamaMancini's Holdings, Inc

467,199

18,417

(a) MGP Ingredients, Inc

445,691

58,729

(a) Mission Produce, Inc

676,558

30,979

(a) National Beverage Corp

1,061,650

5,612

(a) Seneca Foods Corp

605,170

119,294

(a) Simply Good Foods Co

2,334,584

122,582

(a) SunOpta, Inc

639,878

22,587

(a),(b)

Tootsie Roll Industries, Inc

797,095

61,525

(a) TreeHouse Foods, Inc

1,119,755

21,503

(a) Turning Point Brands, Inc

1,933,120

29,895

(a) Universal Corp

1,515,079

93,935

(a) Utz Brands, Inc

989,136

55,462

(a) Vita Coco Co, Inc

2,283,925

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

FOOD, BEVERAGE & TOBACCO

(continued)

44,136

(a) Vital Farms, Inc

$

1,449,868

45,145

(a),(b)

Westrock Coffee Co

199,090

41,129

(a) Zevia PBC

97,064

TOTAL FOOD, BEVERAGE & TOBACCO

32,676,482

HEALTH CARE EQUIPMENT & SERVICES - 6.1%

125,546

(a) Accuray, Inc

177,020

128,130

(a) AdaptHealth Corp

1,151,889

22,921

(a) Addus HomeCare Corp

2,679,236

410,624

(a) agilon health, Inc

327,062

17,003

(a),(b)

AirSculpt Technologies, Inc

177,001

184,987

(a) Alignment Healthcare, Inc

3,118,881

143,895

(a) Alphatec Holdings, Inc

2,732,566

50,396

(a) AMN Healthcare Services, Inc

992,297

51,827

(a) Angiodynamics, Inc

623,479

42,681

(a),(b)

Anteris Technologies Global Corp

191,638

52,972

(a) Apollo Medical Holdings, Inc

1,653,256

30,670

(a) Ardent Health Partners, Inc

446,555

61,680

(a) AtriCure, Inc

2,131,044

62,533

(a) Avanos Medical, Inc

694,742

59,102

(a) Aveanna Healthcare Holdings, Inc

534,873

54,514

(a) Axogen, Inc

1,211,301

48,433

(a) Beta Bionics, Inc

1,318,346

59,980

(a) Bioventus, Inc

392,869

135,886

(a) BrightSpring Health Services, Inc

4,491,032

289,601

(a) Brookdale Senior Living, Inc

2,684,601

249,957

(a),(b)

Butterfly Network, Inc

672,384

8,160

(a) Carlsmed, Inc

105,182

36,922

(a) Castle Biosciences, Inc

941,511

32,412

(a) Ceribell, Inc

369,497

237,114

(a) Cerus Corp

348,558

8,754

(a) Claritev Corp

569,885

33,970

(a),(b)

ClearPoint Neuro, Inc

788,783

501,574

(a),(b)

Clover Health Investments Corp

1,770,556

160,384

(a) Community Health Systems, Inc

622,290

12,974

(a) Computer Programs & Systems, Inc

249,360

147,311

(a) Concentra Group Holdings Parent, Inc

2,934,435

40,511

(a) Conmed Corp

1,782,484

36,941

(a) Corvel Corp

2,731,787

37,288

(a) Cross Country Healthcare, Inc

457,151

47,472

(a) CryoLife, Inc

2,153,805

15,323

(a),(b)

CVRx, Inc

156,141

46,308

(a) Definitive Healthcare Corp

128,273

39,123

(a),(b)

Delcath Systems, Inc

384,579

136,849

(a) DocGo, Inc

149,165

8,992

(a) Electromed, Inc

216,348

75,904

Embecta Corp

1,012,559

64,397

(a) Enhabit, Inc

523,548

74,390

(a) Enovis Corp

2,323,944

71,324

Ensign Group, Inc

12,845,452

149,014

(a) Evolent Health, Inc

993,923

27,932

(a) Fulgent Genetics, Inc

627,073

23,545

(a) GeneDx Holdings Corp

3,223,546

70,877

(a) Glaukos Corp

6,242,137

151,588

(a) Guardant Health, Inc

14,100,716

61,306

(a) Haemonetics Corp

3,065,913

76,936

(a) Health Catalyst, Inc

248,503

108,374

(a) HealthEquity, Inc

10,250,013

30,326

(a) HealthStream, Inc

746,020

241,894

(a),(b)

Hims & Hers Health, Inc

10,996,501

30,565

(a) ICU Medical, Inc

3,670,551

21,483

(a) Innovage Holding Corp

96,459

32,057

(a) Inogen, Inc

264,150

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

HEALTH CARE EQUIPMENT & SERVICES

(continued)

43,798

(a) Integer Holdings Corp

$

2,828,037

87,555

(a) Integra LifeSciences Holdings Corp

1,051,536

9,882

(a) iRadimed Corp

759,036

40,472

(a) iRhythm Technologies, Inc

7,580,406

15,418

(a) Joint Corp

121,648

17,159

(a) Kestra Medical Technologies Ltd

469,813

85,847

(a) Lantheus Holdings, Inc

4,952,514

26,353

(a) LeMaitre Vascular, Inc

2,282,433

12,196

(a),(b)

LENSAR, Inc

150,011

46,916

(a) LifeMD, Inc

277,274

171,937

(a) LifeStance Health Group, Inc

842,491

68,905

(a) LivaNova plc

3,626,470

90,234

(a),(b)

Lucid Diagnostics, Inc

109,183

73,961

(a) Merit Medical Systems, Inc

6,474,546

42,511

(a),(b)

Myomo, Inc

39,365

73,732

(a),(b)

Nano-X Imaging Ltd

267,647

16,009

(a) National Healthcare Corp

1,912,115

19,429

(a) National Research Corp

259,572

281,153

(a) Neogen Corp

1,734,714

165,130

(a) NeoGenomics, Inc

1,613,320

47,043

(a),(b)

Neuronetics, Inc

124,664

31,234

(a) NeuroPace, Inc

310,466

126,557

(a) Novocure Ltd

1,621,195

4,455

(a),(b)

Nutex Health, Inc

548,232

11,132

(a) Omada Health, Inc

273,513

60,030

(a) Omnicell, Inc

2,015,207

76,672

(a) Oncology Institute, Inc

341,957

509,818

(a) Opko Health, Inc

693,353

21,914

(a) OptimizeRx Corp

449,018

210,145

(a) Option Care Health, Inc

5,470,074

99,167

(a) OraSure Technologies, Inc

271,718

50,572

(a) Orthofix Medical, Inc

780,832

20,885

(a) OrthoPediatrics Corp

351,703

18,088

(a) Outset Medical, Inc

237,315

94,117

(a) Owens & Minor, Inc

373,645

57,290

(a) PACS Group, Inc

692,063

106,249

(a) Pediatrix Medical Group, Inc

1,803,046

43,976

(a) Pennant Group, Inc

1,087,527

73,529

(a) Phreesia, Inc

1,664,697

104,999

Premier, Inc

2,952,572

146,221

(a) Privia Health Group, Inc

3,553,170

66,381

(a) PROCEPT BioRobotics Corp

2,258,945

2,739

(a),(b)

Pro-Dex, Inc

99,261

94,770

(a) Progyny, Inc

1,773,147

47,757

(a) Pulmonx Corp

95,514

22,441

(a),(b)

Pulse Biosciences, Inc

379,926

85,758

(a) QuidelOrtho Corp

2,314,608

86,367

(a) RadNet, Inc

6,563,028

55,330

(a) Repro-Med Systems, Inc

219,107

47,627

(a) RxSight, Inc

418,641

5,089

(a) Sanara Medtech, Inc

149,108

9,106

(a) SANUWAVE Health, Inc

263,528

73,134

(a) Schrodinger, Inc

1,538,739

145,346

(a) Select Medical Holdings Corp

2,010,135

15,153

(a) Semler Scientific, Inc

400,948

5,614

(a) Shoulder Innovations, Inc

65,796

49,340

(a) SI-BONE, Inc

731,712

47,520

(a) Sight Sciences, Inc

240,451

20,907

(a),(b)

Simulations Plus, Inc

359,182

7,162

(a),(b)

Sonida Senior Living, Inc

185,496

62,952

(a) STAAR Surgical Co

1,628,568

73,990

(a) Stereotaxis, Inc

215,311

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

HEALTH CARE EQUIPMENT & SERVICES

(continued)

99,059

(a) Surgery Partners, Inc

$

2,172,364

17,758

(a) SurModics, Inc

487,191

31,396

(a) Tactile Systems Technology, Inc

473,138

161,974

(a) Talkspace, Inc

523,176

86,831

(a) Tandem Diabetes Care, Inc

1,215,634

220,119

(a) Teladoc Health, Inc

1,899,627

42,210

(a) TransMedics Group, Inc

5,552,303

61,173

(a) Treace Medical Concepts, Inc

390,896

9,772

(a) UFP Technologies, Inc

1,882,478

19,725

(a) US Physical Therapy, Inc

1,701,676

3,897

(a) Utah Medical Products, Inc

226,416

53,665

(a) Varex Imaging Corp

627,344

47,009

(a) Viemed Healthcare, Inc

303,678

137,874

(a) Waystar Holding Corp

4,942,783

TOTAL HEALTH CARE EQUIPMENT & SERVICES

223,770,823

HOUSEHOLD & PERSONAL PRODUCTS - 0.5%

43,730

(a),(b)

Beauty Health Co

62,534

11,565

(a) Central Garden & Pet Co

354,699

63,588

(a) Central Garden and Pet Co (Class A)

1,768,382

58,057

(a) Edgewell Personal Care Co

1,125,725

84,113

Energizer Holdings, Inc

1,953,945

5,258

(a),(b)

FitLife Brands, Inc

100,533

131,589

(a) Herbalife Ltd

1,052,712

121,547

(a),(b)

Honest Co, Inc

414,475

22,938

(a) Inter Parfums, Inc

2,044,923

13,828

(a),(b)

Lifevantage Corp

113,251

14,608

(a),(b)

Medifast, Inc

175,588

18,571

(a) Nature's Sunshine Products, Inc

250,337

58,675

(a) Nu Skin Enterprises, Inc (Class A)

628,996

13,073

(a) Oil-Dri Corp of America

724,113

185,824

(a),(b)

Olaplex Holdings, Inc

193,257

30,478

(a) Spectrum Brands Holdings, Inc

1,642,155

14,485

(a) USANA Health Sciences, Inc

306,358

55,467

(a) Waldencast plc

100,395

17,203

WD-40 Co

3,342,199

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

16,354,577

INSURANCE - 1.9%

50,203

(a) Abacus Global Management, Inc

252,019

59,995

(a) AMBAC Financial Group, Inc

492,559

9,137

(a) American Integrity Insurance Group, Inc

217,735

24,494

(a) Amerisafe, Inc

981,719

18,537

(a) Aspen Insurance Holdings Ltd

681,235

6,104

(a) Ategrity Specialty Holdings LLC

118,601

20,323

(a) Bowhead Specialty Holdings, Inc

486,939

89,091

(a) BRP Group, Inc

1,968,911

58,663

(a),(b)

Citizens, Inc (Class A)

326,753

122,624

(a) CNO Financial Group, Inc

4,907,412

21,287

Crawford & Co

230,538

19,550

(a) Donegal Group, Inc (Class A)

366,562

35,828

(a) eHealth, Inc

185,947

31,578

(a) Employers Holdings, Inc

1,204,069

27,622

(a) F&G Annuities & Life, Inc

818,992

73,544

(a) Fidelis Insurance Holdings Ltd

1,322,321

523,874

(a) Genworth Financial, Inc (Class A)

4,421,497

5,436

(a) GoHealth, Inc

21,527

30,977

(a) Goosehead Insurance, Inc

2,127,191

28,991

(a) Greenlight Capital Re Ltd (Class A)

351,371

58,411

(a) Hamilton Insurance Group Ltd

1,382,588

12,957

(a) HCI Group, Inc

2,643,358

27,732

(a) Heritage Insurance Holdings, Inc

655,307

21,545

(a) Hippo Holdings, Inc

792,425

51,085

(a) Horace Mann Educators Corp

2,284,010

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

INSURANCE

(continued)

1,606

(a) Investors Title Co

$

415,296

39,977

(a) James River Group Holdings Ltd

203,883

2,274

(a),(b)

Kestrel Group Ltd

45,116

14,353

(a) Kingstone Cos, Inc

209,267

23,553

(a),(b)

Kingsway Financial Services, Inc

335,395

70,263

(a),(b)

Lemonade, Inc

4,221,401

62,428

(a) MBIA, Inc

426,383

33,786

(a) Mercury General Corp

2,611,658

11,769

(a) NI Holdings, Inc

155,351

246,122

(a),(b)

Oscar Health, Inc

4,430,196

33,560

(a) Palomar Holdings, Inc

3,826,176

61,941

(a) ProAssurance Corp

1,483,487

14,561

(a),(b)

Root, Inc

1,172,452

18,169

(a) Safety Insurance Group, Inc

1,248,755

77,601

Selective Insurance Group, Inc

5,846,459

169,109

(a) Selectquote, Inc

351,747

133,097

(a) SiriusPoint Ltd

2,422,365

46,419

(a) Skyward Specialty Insurance Group, Inc

2,116,242

31,185

(a) Slide Insurance Holdings, Inc

498,648

36,116

Stewart Information Services Corp

2,465,639

30,641

(a) Tiptree, Inc

542,652

46,614

(a) Trupanion, Inc

1,864,094

28,478

(a) United Fire Group, Inc

860,890

31,184

(a) United Insurance Holdings Corp

369,219

32,965

(a) Universal Insurance Holdings, Inc

1,015,981

TOTAL INSURANCE

68,380,338

MATERIALS - 4.0%

33,406

(a) Advanced Emissions Solutions, Inc

221,816

32,143

(a) AdvanSix, Inc

597,538

14,784

(a) Alpha Metallurgical Resources, Inc

2,561,476

105,299

(a) American Battery Technology Co

540,184

38,046

(a) American Vanguard Corp

170,066

172,664

(a) Ardagh Metal Packaging S.A.

616,410

96,932

(a),(b)

ASP Isotopes, Inc

981,921

79,148

(a) Aspen Aerogels, Inc

644,265

116,971

Avient Corp

3,751,260

41,479

(a) Balchem Corp

6,362,464

69,042

Cabot Corp

4,658,954

22,143

(a) Caledonia Mining Corp plc

622,661

66,556

(a) Century Aluminum Co

1,971,389

191,759

Chemours Co

2,567,653

19,387

(a) Clearwater Paper Corp

342,181

812,961

(a) Coeur Mining, Inc

13,958,540

143,857

Commercial Metals Co

8,539,352

45,216

Compass Minerals International, Inc

784,045

180,645

(a) Constellium SE

2,841,546

8,675

(a) Contango ORE, Inc

186,166

10,158

(a) Core Molding Technologies, Inc

181,930

41,707

(a),(b)

Critical Metals Corp

539,689

110,906

(a) Dakota Gold Corp

452,496

146,130

(a) Ecovyst, Inc

1,196,805

154,455

(a) Ferroglobe plc

749,107

18,497

(a),(b)

Flotek Industries, Inc

320,183

8,614

(a) Friedman Industries, Inc

182,961

32,056

(a) Greif, Inc (Class A)

1,823,666

5,832

(a) Greif, Inc (Class B)

343,796

69,621

H.B. Fuller Co

3,994,157

24,713

(a) Hawkins, Inc

3,505,539

761,878

Hecla Mining Co

9,805,370

16,177

(a),(b)

Idaho Strategic Resources, Inc

534,812

46,833

(a) Ingevity Corp

2,515,869

32,253

Innospec, Inc

2,373,176

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

MATERIALS

(continued)

15,133

(a) Intrepid Potash, Inc

$

402,992

113,270

(a) Ivanhoe Electric, Inc

1,675,263

19,538

(a) Kaiser Aluminum Corp

1,768,775

72,946

(a) Knife River Corp

4,410,315

25,927

Koppers Holdings, Inc

731,660

30,533

(a) Kronos Worldwide, Inc

150,222

35,917

(a) Lifezone Metals Ltd

178,508

73,197

(a) LSB Industries, Inc

617,051

43,429

(a) Magnera Corp

394,770

25,991

Materion Corp

2,979,348

39,757

Minerals Technologies, Inc

2,256,210

49,769

Myers Industries, Inc

862,497

87,760

(a),(b)

NioCorp Developments Ltd

646,791

383,260

(a) Novagold Resources, Inc

3,177,225

194,494

(a) O-I Glass, Inc

2,195,837

13,469

Olympic Steel, Inc

498,353

66,016

(a) Orion S.A.

349,885

175,971

(a) Perimeter Solutions, Inc

4,137,078

95,018

(a) Perpetua Resources Corp

2,283,283

161,010

(a),(b)

PureCycle Technologies, Inc

1,864,496

18,232

Quaker Chemical Corp

2,532,242

36,837

(a) Ramaco Resources, Inc

1,118,371

57,761

(a),(b)

Ranpak Holdings Corp

306,133

83,699

(a) Rayonier Advanced Materials, Inc

581,708

36,365

(a) Ryerson Holding Corp

802,212

67,746

(a) Schweitzer-Mauduit International, Inc

723,527

53,887

Sensient Technologies Corp

5,081,005

3,564

(a),(b)

Smith-Midland Corp

129,943

24,334

(a) Solesence, Inc

79,572

258,814

(a) SSR Mining, Inc

5,838,844

27,926

Stepan Co

1,210,592

101,542

(a) SunCoke Energy, Inc

813,351

44,415

(a) Sylvamo Corp

1,803,249

9,884

(a) Synalloy Corp

120,189

47,688

(a) TimkenSteel Corp

838,832

31,441

(a) Titan America S.A.

464,069

35,776

(a) Tredegar Corp

247,212

43,123

(a) Trimas Corp

1,532,160

44,280

(a),(b)

Trinseo plc

64,649

156,001

Tronox Holdings plc

546,004

13,491

(a) United States Lime & Minerals, Inc

1,581,415

118,717

(a),(b)

US Antimony Corp

958,046

14,180

(a),(b)

US Gold Corp

217,238

1,005

(a),(b)

Valhi, Inc

13,939

50,151

(a) Vox Royalty Corp

214,145

66,213

(a) Warrior Met Coal, Inc

4,491,890

42,462

Worthington Steel, Inc

1,358,359

TOTAL MATERIALS

146,688,898

MEDIA & ENTERTAINMENT - 2.0%

106,173

(a),(b)

Advantage Solutions, Inc

135,901

339,329

(a),(b)

Altice USA, Inc

756,704

540,690

(a) AMC Entertainment Holdings, Inc

1,400,387

43,573

(a) AMC Networks, Inc

330,283

51,824

(a) Angi, Inc

687,704

16,736

(a) Arena Group Holdings, Inc

93,220

8,679

(a),(b)

Atlanta Braves Holdings, Inc

374,412

57,407

(a) Atlanta Braves Holdings, Inc

2,337,613

24,971

(a) Boston Omaha Corp

317,631

94,569

(a) Bumble, Inc

524,858

6,691

(a) Cable One, Inc

993,948

104,454

(a) Cargurus, Inc

3,668,424

73,582

(a) Cars.com, Inc

790,271

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

MEDIA & ENTERTAINMENT

(continued)

131,627

(a) Cinemark Holdings, Inc

$

3,555,245

41,392

(a) CuriosityStream, Inc

179,641

1,636

(a),(b)

Daily Journal Corp

662,645

172,144

(a) EchoStar Corp (Class A)

12,888,421

19,910

(a),(b)

Emerald Holding, Inc

87,405

78,418

(a) Entravision Communications Corp (Class A)

162,325

111,285

(a) Eventbrite, Inc

257,068

35,533

(a) EverQuote, Inc

765,381

77,085

(a) EW Scripps Co (Class A)

187,317

421,261

(a),(b)

fuboTV, Inc

1,592,367

21,927

(a) Gaia, Inc

109,416

18,540

(a),(b)

Gambling.com Group Ltd

132,190

167,414

(a),(b)

Gannett Co, Inc

887,294

135,943

(a),(b)

Getty Images Holdings, Inc

255,573

26,520

(a) Golden Matrix Group, Inc

27,316

116,164

Gray Television, Inc

530,869

43,198

(a) Grindr, Inc

598,724

16,920

(a),(b)

Ibotta, Inc

545,839

137,008

(a) iHeartMedia, Inc

406,914

55,559

(a) IMAX Corp

1,805,112

97,131

(a) Integral Ad Science Holding Corp

991,708

53,376

John Wiley & Sons, Inc (Class A)

1,967,973

259,024

(a) Lionsgate Studios Corp

1,665,524

51,070

(a) Madison Square Garden Entertainment Corp

2,255,251

177,716

(a) Magnite, Inc

3,177,562

30,233

Marcus Corp

435,355

39,531

(a) MediaAlpha, Inc

504,020

88,073

(a) National CineMedia, Inc

389,283

9,817

(a) Newsmax, Inc

98,170

274,860

(a) Nextdoor Holdings, Inc

535,977

48,949

(a) Nexxen International Ltd

402,361

55,980

(a) Outbrain, Inc

82,850

110,418

(a) Playstudios, Inc

102,689

53,775

(a) Playtika Holding Corp

197,354

54,478

(a) PubMatic, Inc

455,436

69,954

(a) QuinStreet, Inc

1,034,620

28,672

(a) Reservoir Media, Inc

217,907

134,475

(a),(b)

Rumble, Inc

922,499

28,060

(b) Scholastic Corp

804,480

32,518

(a) Shutterstock, Inc

813,926

50,103

(a) Sinclair, Inc

684,407

34,974

(a),(b)

Sphere Entertainment Co

2,395,020

149,782

(a) Stagwell, Inc

711,465

16,496

(a) Starz Entertainment Corp

173,373

34,289

(a) TechTarget, Inc

188,247

203,612

TEGNA, Inc

4,005,048

47,661

(a) Thryv Holdings, Inc

367,466

8,238

(a),(b)

Travelzoo, Inc

69,364

144,854

(a) TripAdvisor, Inc

2,326,355

115,068

(a) TrueCar, Inc

253,150

184,432

(a) Vimeo, Inc

1,438,570

4,890

(a),(b)

Vivid Seats, Inc

60,685

22,276

(a),(b)

Webtoon Entertainment, Inc

390,498

60,113

(a) WideOpenWest, Inc

308,380

77,786

(a) Yelp, Inc

2,565,382

53,001

(a) Ziff Davis, Inc

1,796,734

85,163

(a) ZipRecruiter, Inc

396,008

TOTAL MEDIA & ENTERTAINMENT

73,233,515

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 10.9%

137,478

(a) 10X Genomics, Inc

1,875,200

50,474

(a) 4D Molecular Therapeutics, Inc

580,451

7,369

(a),(b)

Aardvark Therapeutics, Inc

78,775

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

56,719

(a),(b)

Abeona Therapeutics, Inc

$

272,818

165,939

(a),(b)

Absci Corp

710,219

157,436

(a) Acadia Pharmaceuticals, Inc

3,573,797

118,020

(a) Aclaris Therapeutics, Inc

297,410

7,554

(a) Actuate Therapeutics, Inc

50,310

188,942

(a) Adaptive Biotechnologies Corp

3,280,033

94,938

(a) ADC Therapeutics S.A.

423,423

294,769

(a) ADMA Biologics, Inc

4,563,024

72,273

(a) Agios Pharmaceuticals, Inc

3,125,085

324,490

(a) Akebia Therapeutics, Inc

717,123

88,402

(a) Akero Therapeutics, Inc

4,791,388

62,944

(a) Aldeyra Therapeutics, Inc

319,126

87,269

(a) Alector, Inc

128,285

206,967

(a) Alkermes plc

6,353,887

170,147

(a),(b)

Allogene Therapeutics, Inc

210,982

14,158

(a) Alpha Teknova, Inc

74,330

100,562

(a),(b)

Altimmune, Inc

407,276

62,650

(a) Alumis, Inc

297,588

357,210

(a) Amicus Therapeutics, Inc

3,225,606

187,969

(a) Amneal Pharmaceuticals, Inc

2,033,825

46,222

(a) Amphastar Pharmaceuticals, Inc

1,178,661

89,982

(a) Amylyx Pharmaceuticals, Inc

1,253,449

26,611

(a) AnaptysBio, Inc

973,430

108,498

(a),(b)

Anavex Life Sciences Corp

864,729

22,929

(a) ANI Pharmaceuticals, Inc

2,077,367

18,321

(a) Anika Therapeutics, Inc

178,630

127,185

(a) Annexon, Inc

401,905

41,436

(a) Apogee Therapeutics, Inc

2,344,863

100,616

(a),(b)

Aquestive Therapeutics, Inc

686,201

189,039

(a) Arbutus Biopharma Corp

894,154

43,529

(a) Arcellx, Inc

3,928,492

31,233

(a),(b)

Arcturus Therapeutics Holdings, Inc

311,393

89,574

(a) Arcus Biosciences, Inc

1,766,399

133,971

(a) Arcutis Biotherapeutics, Inc

3,390,806

297,612

(a) Ardelyx, Inc

1,803,529

29,913

(a),(b)

ArriVent Biopharma, Inc

560,271

152,598

(a) Arrowhead Pharmaceuticals, Inc

6,468,629

71,166

(a),(b)

ARS Pharmaceuticals, Inc

637,647

84,375

(a) Arvinas, Inc

855,563

46,632

(a) Astria Therapeutics, Inc

588,962

105,147

(a) Atea Pharmaceuticals, Inc

341,728

112,972

(a),(b)

aTyr Pharma, Inc

97,834

48,790

(a),(b)

Aura Biosciences, Inc

299,083

147,488

(a) Aurinia Pharmaceuticals, Inc

1,942,417

114,573

(a) Avadel Pharmaceuticals plc

2,164,284

129,469

(a),(b)

Avidity Biosciences, Inc

9,043,410

16,703

(a),(b)

Avita Medical, Inc

64,641

51,287

(a) Axsome Therapeutics, Inc

6,923,232

121,399

(a),(b)

Beam Therapeutics, Inc

3,036,189

18,779

(a),(b)

Benitec Biopharma, Inc

307,224

44,437

(a) Bicara Therapeutics, Inc

722,101

30,794

(a) BioAge Labs, Inc

233,111

268,612

(a) BioCryst Pharmaceuticals, Inc

1,966,240

117,503

(a) Biohaven Ltd

2,021,052

47,217

(a) BioLife Solutions, Inc

1,315,938

36,459

(a) Biote Corp

104,637

198,501

(a) Bridgebio Pharma, Inc

12,434,103

5,987

(a) Bright Minds Biosciences, Inc

327,788

53,036

(a) Brooks Automation, Inc

1,601,687

51,207

(a),(b)

Candel Therapeutics, Inc

275,494

47,982

(a),(b)

Capricor Therapeutics, Inc

312,363

75,661

(a),(b)

Cardiff Oncology, Inc

177,803

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

70,757

(a) CareDx, Inc

$

1,061,355

8,491

(a) Catalyst Biosciences, Inc

65,805

146,782

(a) Catalyst Pharmaceuticals, Inc

3,122,053

37,298

(a) Celcuity, Inc

2,877,914

85,045

(a) Celldex Therapeutics, Inc

2,273,253

70,741

(a) CG oncology, Inc

3,060,963

78,524

(a),(c)

Chinook Therapeutics, Inc

785

65,012

(a) ChromaDex Corp

490,190

19,564

(a) Cidara Therapeutics, Inc

2,137,171

105,313

(a) Codexis, Inc

249,592

164,423

(a) Cogent Biosciences, Inc

2,680,095

133,750

(a),(b)

Coherus Biosciences, Inc

224,700

41,563

(a) Collegium Pharmaceutical, Inc

1,496,268

124,245

(a) Compass Therapeutics, Inc

464,676

89,030

(a),(b)

CorMedix, Inc

990,904

68,064

(a) Corvus Pharmaceuticals, Inc

547,235

114,916

(a) Crinetics Pharmaceuticals, Inc

4,998,846

105,459

(a),(b)

CRISPR Therapeutics AG.

6,748,321

59,106

(a) CryoPort, Inc

546,139

68,727

(a) Cullinan Oncology, Inc

595,176

152,388

(a) Cytek Biosciences, Inc

594,313

148,275

(a) Cytokinetics, Inc

9,428,807

93,653

(a) Day One Biopharmaceuticals, Inc

696,778

171,970

(a) Denali Therapeutics, Inc

2,799,672

36,533

(a) Design Therapeutics, Inc

244,771

34,347

(a),(b)

DiaMedica Therapeutics, Inc

242,490

29,406

(a) Disc Medicine, Inc

2,535,385

136,639

(a) Dynavax Technologies Corp

1,401,916

138,245

(a) Dyne Therapeutics, Inc

3,121,572

85,766

(a) Edgewise Therapeutics, Inc

1,567,802

111,593

(a) Editas Medicine, Inc

343,706

76,292

(a),(b)

Eledon Pharmaceuticals, Inc

329,581

70,170

(a) Emergent Biosolutions, Inc

875,722

25,834

(a) Enanta Pharmaceuticals, Inc

283,141

52,923

(a),(b)

Enliven Therapeutics, Inc

1,239,457

33,481

(a) Entrada Therapeutics, Inc

232,693

235,428

(a) Erasca, Inc

569,736

244,777

(a),(b)

Esperion Thereapeutics, Inc

726,988

33,223

(a),(b)

Eton Pharmaceuticals, Inc

598,346

73,480

(a) Evolus, Inc

474,681

76,499

(a) EyePoint Pharmaceuticals, Inc

1,001,372

136,284

(a) Fate Therapeutics, Inc

183,983

24,461

(a),(b)

Fennec Pharmaceuticals, Inc

200,580

385,828

(a) Fluidigm Corp

462,994

33,661

(a) Foghorn Therapeutics, Inc

148,445

118,922

(a) Fortrea Holdings, Inc

1,243,924

8,283

(a),(b)

Frequency Therapeutics, Inc

338,858

55,020

(a) Fulcrum Therapeutics, Inc

481,425

699,107

(a) Geron Corp

880,875

50,578

(a) Ginkgo Bioworks Holdings, Inc

657,008

246,864

(a) Gossamer Bio, Inc

604,817

39,612

(a),(b)

GRAIL, Inc

3,641,531

8,122

(a),(b)

Greenwich Lifesciences, Inc

74,804

56,725

(a) Harmony Biosciences Holdings, Inc

1,620,633

39,598

(a),(b)

Harrow Health, Inc

1,495,616

198,783

(a),(b)

Heron Therapeutics, Inc

230,588

162,890

(a),(b)

Humacyte, Inc

272,026

102,360

(a) Ideaya Biosciences, Inc

3,261,190

298,795

(a),(b)

ImmunityBio, Inc

717,108

97,447

(a),(b)

Immunome, Inc

1,565,973

88,773

(a),(b)

Immunovant, Inc

2,190,918

153,108

(a) Indivior plc

4,496,782

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

78,659

(a) Inhibikase Therapeutics, Inc

$

115,629

11,672

(a),(b)

Inhibrx Biosciences, Inc

953,136

43,946

(a),(c)

Inhibrx, Inc

28,455

16,518

(a),(b)

Inmune Bio, Inc

30,228

77,505

(a) Innoviva, Inc

1,410,591

126,299

(a),(b)

Intellia Therapeutics, Inc

1,593,893

313,038

(a) Iovance Biotherapeutics, Inc

616,685

42,045

(a) Jade Biosciences, Inc

412,041

51,129

(a) Janux Therapeutics, Inc

1,467,914

15,710

(a),(b)

Journey Medical Corp

127,565

50,515

(a),(b)

KalVista Pharmaceuticals, Inc

551,119

42,854

(a) Keros Therapeutics, Inc

652,238

40,805

(a) Kodiak Sciences, Inc

739,591

31,502

(a) Krystal Biotech, Inc

6,221,960

98,481

(a) Kura Oncology, Inc

1,011,400

63,796

(a) Kymera Therapeutics, Inc

3,945,145

35,850

(a) Landec Corp

257,762

57,035

(a) Larimar Therapeutics, Inc

221,866

20,598

(a),(b)

LENZ Therapeutics, Inc

612,173

31,235

(a) Lexeo Therapeutics, Inc

312,662

24,227

(a) Ligand Pharmaceuticals, Inc (Class B)

4,634,867

81,957

(a),(b)

Liquidia Corp

1,996,473

23,577

(a) Madrigal Pharmaceuticals, Inc

9,876,405

20,937

(a),(b)

Magenta Therapeutics, Inc

732,376

393,311

(a) MannKind Corp

2,198,608

150,024

(a),(b)

Maravai LifeSciences Holdings, Inc

471,075

141,895

(a) MaxCyte, Inc

218,518

24,636

(a) Maze Therapeutics, Inc

810,771

22,143

(a) MBX Biosciences, Inc

486,260

10,799

(a),(b)

MediWound Ltd

197,946

52,309

(a),(b)

MeiraGTx Holdings plc

474,966

6,237

(a) Mesa Laboratories, Inc

448,378

67,612

(a) Metsera, Inc

4,262,260

156,519

(a) MiMedx Group, Inc

1,197,370

95,458

(a),(b)

Mind Medicine MindMed, Inc

1,355,504

49,028

(a) Mineralys Therapeutics, Inc

2,003,284

51,313

(a) Mirum Pharmaceuticals, Inc

3,727,889

4,221

(a) Monopar Therapeutics, Inc

363,681

55,041

(a),(b)

Monte Rosa Therapeutics, Inc

707,277

108,676

(a) Myriad Genetics, Inc

873,755

12,391

(a) Neurogene, Inc

424,516

36,626

(a) Nkarta, Inc

77,281

186,391

(a),(b)

Novavax, Inc

1,565,684

97,424

(a) Nurix Therapeutics, Inc

1,260,667

54,639

(a) Nuvalent, Inc

5,426,745

323,897

(a),(b)

Nuvation Bio, Inc

1,690,742

16,749

(a) Nuvectis Pharma, Inc

112,386

220,741

(a) Ocular Therapeutix, Inc

2,573,840

77,353

(a) Olema Pharmaceuticals, Inc

693,856

73,296

(a),(b)

Omeros Corp

537,260

7,972

(a),(c)

OmniAb Operations, Inc

7,972

(a),(c)

OmniAb Operations, Inc

126,229

(a) OmniAb, Inc

195,655

88,799

(a),(b)

Organogenesis Holdings, Inc

377,396

73,287

(a) ORIC Pharmaceuticals, Inc

964,457

35,313

(a),(b)

Oruka Therapeutics, Inc

994,767

270,184

(a),(b)

Pacific Biosciences of California, Inc

632,231

59,431

(a) Pacira BioSciences, Inc

1,270,635

8,905

(a) Palvella Therapeutics, Inc

710,975

65,173

(a),(b)

Personalis, Inc

628,268

71,907

(a) Perspective Therapeutics, Inc

196,306

54,842

(a) Phathom Pharmaceuticals, Inc

743,109

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

26,507

Phibro Animal Health Corp

$

1,114,884

26,221

(a) Praxis Precision Medicines, Inc

5,211,686

185,473

(a),(b)

Precigen, Inc

767,858

62,864

(a) Prestige Consumer Healthcare, Inc.

3,809,558

95,212

(a),(b)

Prime Medicine, Inc

470,347

73,776

(a) Protagonist Therapeutics, Inc

5,800,269

90,188

(a),(b)

Protalix BioTherapeutics, Inc

213,746

42,081

(a) Protara Therapeutics, Inc

217,980

56,664

(a) Prothena Corp plc

609,138

98,877

(a) PTC Therapeutics, Inc

6,754,288

55,922

(a) Puma Biotechnology, Inc

285,202

47,125

(a) Quanterix Corp

251,648

183,652

(a) Quantum-Si, Inc

394,852

21,873

(a) Rapport Therapeutics, Inc

632,786

464,395

(a),(b)

Recursion Pharmaceuticals, Inc

2,563,460

62,504

(a) REGENXBIO, Inc

798,176

158,457

(a) Relay Therapeutics, Inc

1,131,383

57,614

(a) Replimune Group, Inc

560,584

97,686

(a) Rezolute, Inc

910,434

66,332

(a) Rhythm Pharmaceuticals, Inc

7,545,928

23,053

(a) Rigel Pharmaceuticals, Inc

728,014

99,968

(a) Rocket Pharmaceuticals, Inc

376,879

179,583

(a) Sana Biotechnology, Inc

888,936

152,381

(a) Savara, Inc

632,381

103,929

(a) Scholar Rock Holding Corp

3,078,377

13,477

(a),(b)

Selecta Biosciences, Inc

110,107

123,871

(a),(b)

SELLAS Life Sciences Group, Inc

225,445

23,961

(a) Septerna, Inc

493,597

49,221

(a) SIGA Technologies, Inc

407,550

16,040

(a) Sionna Therapeutics, Inc

612,888

52,881

(a) Soleno Therapeutics, Inc

3,551,488

72,938

(a) Solid Biosciences, Inc

393,136

64,780

(a),(b)

Spyre Therapeutics, Inc

1,584,519

56,733

(a) Stoke Therapeutics, Inc

1,704,259

68,374

(a) Supernus Pharmaceuticals, Inc

3,769,459

106,799

(a) Syndax Pharmaceuticals, Inc

1,463,146

90,788

(a) Tango Therapeutics, Inc

736,291

50,294

(a) Tarsus Pharmaceuticals, Inc

3,460,730

268,705

(a) Taysha Gene Therapies, Inc

1,332,777

14,304

(a),(b)

Tectonic Therapeutic, Inc

261,048

91,877

(a) Terns Pharmaceuticals, Inc

758,904

184,971

(a) TG Therapeutics, Inc

6,433,291

50,083

(a) Theravance Biopharma, Inc

734,217

26,824

(a),(c)

Third Harmonic Bio, Inc

805

9,839

(a),(b)

Tonix Pharmaceuticals Holding Corp

183,202

111,532

(a) Travere Therapeutics, Inc

3,921,465

110,333

(a) Trevi Therapeutics, Inc

1,286,483

20,594

(a) TriSalus Life Sciences, Inc

97,616

33,575

(a),(b)

TuHURA Biosciences, Inc

85,616

5,951

(a) Tvardi Therapeutics, Inc

27,672

76,818

(a) Twist Bioscience Corp

2,526,544

27,572

(a),(b)

Tyra Biosciences, Inc

436,740

41,208

(a) Upstream Bio, Inc

1,065,227

46,662

(a),(b)

UroGen Pharma Ltd

955,171

77,049

(a) Vanda Pharmaceuticals, Inc

335,163

145,503

(a) Vaxcyte, Inc

6,588,376

64,167

(a) Vera Therapeutics, Inc

1,826,193

99,644

(a) Veracyte, Inc

3,595,156

57,429

(a),(b)

Verastem, Inc

542,704

65,419

(a) Vericel Corp

2,293,590

121,477

(a) Vir Biotechnology, Inc

724,003

90,227

(a) Viridian Therapeutics, Inc

2,132,064

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

(continued)

62,291

(a) Voyager Therapeutics, Inc

$

290,899

145,539

(a) WaVe Life Sciences Ltd

1,315,673

87,918

(a) Xencor, Inc

1,293,274

96,666

(a) Xenon Pharmaceuticals, Inc

4,052,239

193,812

(a) Xeris Biopharma Holdings, Inc

1,879,976

12,179

(a),(b)

XOMA Corp

401,663

19,909

(a) Zenas Biopharma, Inc

622,156

68,976

(a),(b)

Zevra Therapeutics, Inc

702,176

63,721

(a) Zymeworks, Inc

1,216,115

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

396,554,107

REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.6%

2,110

(a) American Realty Investors, Inc

33,233

131,809

(a) Anywhere Real Estate, Inc

1,324,680

591,799

(a) Compass, Inc

4,562,770

294,422

(a) Cushman & Wakefield plc

4,622,425

95,338

(a) Douglas Elliman, Inc

235,485

110,322

(b) eXp World Holdings, Inc

1,129,697

24,714

(a) Forestar Group, Inc

642,811

15,111

(a) FRP Holdings, Inc

358,131

153,067

Kennedy-Wilson Holdings, Inc

1,157,187

30,638

(a) Marcus & Millichap, Inc

894,936

9,874

(a) Maui Land & Pineapple Co, Inc

157,984

195,507

(a) Newmark Group, Inc

3,485,890

21,665

(a) Re/Max Holdings, Inc

171,804

128,847

(a) Real Brokerage, Inc

479,311

20,088

(a) RMR Group, Inc

310,761

9,803

(a),(b)

Seaport Entertainment Group, Inc

235,958

49,495

St. Joe Co

2,810,326

8,230

(a),(b)

Stratus Properties, Inc

154,642

28,670

(a) Tejon Ranch Co

453,559

1,691

(a) Transcontinental Realty Investors, Inc

75,791

TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT

23,297,381

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.9%

62,942

(a) ACM Research, Inc

2,609,575

36,387

(a) Aehr Test Systems

945,698

12,441

(a) Aeluma, Inc

202,913

30,740

(a) Alpha & Omega Semiconductor Ltd

862,564

51,583

(a) Ambarella, Inc

4,396,419

5,707

(a) Ambiq Micro, Inc

174,406

38,169

(a),(b)

Atomera, Inc

120,614

40,914

(a) Axcelis Technologies, Inc

3,255,118

92,462

(a) Blaize Holdings, Inc

361,526

28,763

(a) Ceva, Inc

782,641

(a),(c)

China Energy Savings Technology, Inc

58,392

(a) Cohu, Inc

1,389,146

187,846

(a) Credo Technology Group Holding Ltd

35,243,667

58,277

(a) Diodes, Inc

3,109,661

98,328

(a) Formfactor, Inc

5,403,124

44,437

(a) Ichor Holdings Ltd

1,007,831

32,924

(a) Impinj, Inc

6,655,916

253,056

(a),(b)

indie Semiconductor, Inc

1,361,441

194,530

(a),(b)

Kopin Corp

673,074

65,446

Kulicke & Soffa Industries, Inc

2,613,259

104,488

(a) MaxLinear, Inc

1,582,993

174,000

(a),(b)

Navitas Semiconductor Corp

2,342,040

6,356

(a) NVE Corp

438,882

41,316

(a) PDF Solutions, Inc

1,203,535

64,912

(a) Penguin Solutions, Inc

1,445,590

73,750

(a) Photronics, Inc

1,762,625

71,920

Power Integrations, Inc

3,012,729

136,983

(a) Rambus, Inc

14,087,332

405,394

(a) Rigetti Computing, Inc

17,946,792

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

(continued)

110,622

(a) Semtech Corp

$

7,506,809

41,075

(a) Silicon Laboratories, Inc

5,384,111

26,882

(a) SiTime Corp

7,786,102

33,022

(a) SkyWater Technology, Inc

577,390

48,791

(a) Synaptics, Inc

3,461,234

58,417

(a) Ultra Clean Holdings

1,601,210

73,250

(a) Veeco Instruments, Inc

2,105,937

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

143,413,904

SOFTWARE & SERVICES - 7.1%

154,489

(a) 8x8, Inc

284,260

91,655

(a) A10 Networks, Inc

1,635,125

133,412

(a) ACI Worldwide, Inc

6,354,414

135,646

Adeia, Inc

2,311,408

32,623

(a) Agilysys, Inc

4,092,882

26,039

(a) Airship AI Holdings, Inc

123,685

60,492

(a) Alarm.com Holdings, Inc

2,977,416

85,909

(a),(b)

Alkami Technology, Inc

1,743,094

113,101

(a) Amplitude, Inc

1,136,665

50,015

(a) Appian Corp

1,496,949

271,733

(a),(b)

Applied Digital Corp

9,418,266

37,316

(a) Arteris, Inc

507,871

110,108

(a) Asana, Inc

1,547,017

54,535

(a) ASGN, Inc

2,440,987

9,437

(a) AudioEye, Inc

145,047

167,994

(a) AvePoint, Inc

2,363,676

69,535

(a) Backblaze, Inc

716,906

366,765

(a),(b)

BigBear.ai Holdings, Inc

2,538,014

92,493

(a) BigCommerce Holdings, Inc

428,243

402,331

(a),(b)

Bit Digital, Inc

1,472,531

113,699

(a) Bitdeer Technologies Group

2,524,118

48,681

(a) Blackbaud, Inc

3,117,531

66,488

(a) BlackLine, Inc

3,806,438

272,419

(a) Blend Labs, Inc

901,707

178,833

(a) Box, Inc

5,738,751

99,094

(a) Braze, Inc

2,840,034

157,268

(a),(b)

C3.ai, Inc

2,764,771

52,366

(a) Cerence, Inc

561,887

332,087

(a),(b)

Cipher Mining, Inc

6,193,423

350,651

(a) Cleanspark, Inc

6,241,588

105,700

Clear Secure, Inc

3,220,679

315,171

(a) Clearwater Analytics Holdings, Inc

5,802,298

56,755

(a) Commvault Systems, Inc

7,901,431

23,272

(a) Consensus Cloud Solutions, Inc

682,335

360,480

(a) Core Scientific, Inc

7,764,739

31,049

(a) CS Disco, Inc

196,230

8,961

(a),(b)

CSP, Inc

119,540

20,502

(a),(b)

Digimarc Corp

199,484

127,855

(a) Digital Turbine, Inc

797,815

86,335

(a) DigitalOcean Holdings, Inc

3,510,381

41,771

(a) Domo, Inc

572,263

392,009

(a),(b)

D-Wave Quantum, Inc

14,527,854

23,331

(a) eGain Corp

336,433

18,955

(a),(b)

EverCommerce, Inc

219,688

77,657

(a) Expensify, Inc

126,581

170,842

(a) Fastly, Inc

1,416,280

99,341

(a) Five9, Inc

2,411,999

254,109

(a) Freshworks, Inc

2,820,610

85,624

(a) Grid Dynamics Holdings, Inc

799,728

32,648

(a) Hackett Group, Inc

591,255

118,646

(a),(b)

Hut 8 Corp

6,010,606

29,021

(a),(b)

I3 Verticals, Inc

892,396

12,925

(a) IBEX Holdings Ltd

483,007

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

SOFTWARE & SERVICES

(continued)

18,873

(a) Imergent, Inc

$

122,108

49,632

(a) Information Services Group, Inc

273,472

72,002

(a) Intapp, Inc

2,763,437

32,883

(b) InterDigital, Inc

11,902,331

87,609

(a) Jamf Holding Corp

1,125,776

113,547

(a) Kaltura, Inc

175,998

20,195

(a),(b)

Life360, Inc

1,993,448

82,839

(a) LiveRamp Holdings, Inc

2,264,818

471,305

(a),(b)

Marathon Digital Holdings, Inc

8,610,742

41,593

(a),(b)

Mercurity Fintech Holding, Inc

434,231

59,675

(a) Mitek Systems, Inc

549,607

96,650

(a) N-able, Inc

756,769

180,733

(a) NCR Corp

2,062,164

110,254

(a),(b)

NextNav, Inc

1,471,891

42,356

(a) ON24, Inc

233,805

46,851

(a) OneSpan, Inc

534,101

29,212

(a) Ooma, Inc

328,051

58,259

(a) Pagaya Technologies Ltd

1,566,584

112,589

(a) PagerDuty, Inc

1,808,179

50,404

(a),(b)

PAR Technology Corp

1,781,277

15,573

(a),(b)

Park City Group, Inc

233,751

102,048

(a) Porch Group, Inc

1,535,822

55,498

Progress Software Corp

2,366,435

55,688

(a) PROS Holdings, Inc

1,283,608

78,577

(a) Q2 Holdings, Inc

4,852,916

46,387

(a) Qualys, Inc

5,717,662

90,686

(a) Rackspace Technology, Inc

145,098

81,381

(a) Rapid7, Inc

1,506,362

14,636

(a) Red Violet, Inc

784,929

185,827

(a),(b)

Rezolve AI plc

797,198

68,658

(a) Rimini Street, Inc

273,259

442,099

(a) Riot Platforms, Inc

8,744,718

39,468

(a) Sapiens International Corp NV

1,699,097

59,681

(a) SEMrush Holdings, Inc

433,284

7,766

(a),(b)

Silvaco Group, Inc

45,742

464,907

(a),(b)

SoundHound AI, Inc

8,191,661

11,953

(a) SoundThinking, Inc

111,761

142,981

(a) Sprinklr, Inc

1,103,813

65,477

(a) Sprout Social, Inc

672,449

48,470

(a) SPS Commerce, Inc

3,986,173

14,058

(a) Synchronoss Technologies, Inc

73,734

67,702

(a) Telos Corp

464,436

155,176

(a) Tenable Holdings, Inc

4,503,208

359,787

(a),(b)

Terawulf, Inc

5,576,698

23,720

(a),(b)

TSS, Inc

480,567

10,937

(a),(b)

Tucows, Inc

209,553

80,099

(a) Unisys Corp

285,953

140,099

(a) Varonis Systems, Inc

4,935,688

75,485

(a) Verint Systems, Inc

1,530,836

84,446

(a) Vertex, Inc

1,933,813

17,360

(a) Viant Technology, Inc

154,157

74,837

(a),(b)

VTEX

336,018

75,792

(a) Weave Communications, Inc

561,619

111,832

(a) WM Technology, Inc

117,424

64,108

(a) Workiva, Inc

5,449,821

46,596

(a) Xperi, Inc

313,125

132,185

(a) Yext, Inc

1,119,607

235,396

(a) Zeta Global Holdings Corp

4,234,774

TOTAL SOFTWARE & SERVICES

257,353,894

TECHNOLOGY HARDWARE & EQUIPMENT - 5.4%

30,205

(a),(b)

908 Devices, Inc

241,036

96,574

(a) ADTRAN Holdings, Inc

1,006,301

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

TECHNOLOGY HARDWARE & EQUIPMENT

(continued)

47,892

(a) Advanced Energy Industries, Inc

$

9,709,145

39,809

(a),(b)

Aeva Technologies, Inc

650,479

69,852

(a),(b)

Applied Optoelectronics, Inc

2,483,937

125,193

(a) Arlo Technologies, Inc

2,421,233

15,093

(a) Aviat Networks, Inc

376,721

37,673

Badger Meter, Inc

6,798,093

2,347

(a) Bel Fuse, Inc

320,905

13,235

(a) Bel Fuse, Inc (Class B)

2,038,058

50,320

Belden CDT, Inc

6,131,492

46,341

Benchmark Electronics, Inc

2,030,663

3,523

(a) BK Technologies Corp

263,203

74,857

(a) Calix, Inc

5,121,716

15,242

(a) Clearfield, Inc

538,043

4,891

(a) Climb Global Solutions, Inc

543,292

269,286

(a) CommScope Holding Co, Inc

4,658,648

53,497

(a) CompoSecure, Inc

1,062,450

60,480

(a) Corsair Gaming, Inc

492,912

5,715

(a) CPI Card Group, Inc

89,383

38,363

CTS Corp

1,592,448

48,846

(a) Daktronics, Inc

917,816

31,945

(a) Diebold Nixdorf, Inc

1,889,547

46,873

(a) Digi International, Inc

1,719,302

74,749

(a) Eastman Kodak Co

473,909

33,679

(a) ePlus, Inc

2,463,956

141,516

(a) Evolv Technologies Holdings, Inc

1,095,334

167,802

(a) Extreme Networks, Inc

3,191,594

45,866

(a) Fabrinet

20,207,184

8,537

(a),(b)

Frequency Electronics, Inc

313,479

140,297

(a) Harmonic, Inc

1,501,178

32,862

(a) Immersion Corp

219,847

16,169

(a) Inseego Corp

269,052

36,384

(a) Insight Enterprises, Inc

3,638,400

350,849

(a) IonQ, Inc

21,885,961

57,659

(a) Itron, Inc

5,784,928

31,385

(a) Kimball Electronics, Inc

912,519

109,754

(a) Knowles Corp

2,591,292

44,579

(a) Methode Electronics, Inc

300,017

318,987

(a),(b)

MicroVision, Inc

373,215

298,213

(a) Mirion Technologies, Inc

8,758,516

3,181

(a) M-Tron Industries, Inc

175,337

43,381

(a) Napco Security Technologies, Inc

1,915,271

13,633

(a),(b)

Neonode, Inc

41,444

35,963

(a) Netgear, Inc

1,248,635

87,993

(a) Netscout Systems, Inc

2,446,205

59,828

(a) nLight, Inc

1,974,922

45,947

(a) Novanta, Inc

5,835,728

20,370

(a) OSI Systems, Inc

5,672,230

64,384

(a) Ouster, Inc

2,147,850

13,508

(a) PC Connection, Inc

823,583

34,087

(a) Plexus Corp

4,768,771

162,041

(a) Powerfleet, Inc

826,409

170,226

(a) Quantum Computing, Inc

2,844,476

108,184

(a),(b)

Red Cat Holdings, Inc

1,217,070

114,929

(a) Ribbon Communications, Inc

386,161

15,463

(a) Richardson Electronics Ltd

166,691

23,700

(a) Rogers Corp

2,074,698

66,377

(a) Sanmina Corp

9,096,968

28,283

(a) Scansource, Inc

1,213,482

127,837

(a) TTM Technologies, Inc

8,590,646

17,287

(a) Turtle Beach Corp

292,150

149,427

(a) Viasat, Inc

5,950,183

281,141

(a) Viavi Solutions, Inc

4,976,196

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

TECHNOLOGY HARDWARE & EQUIPMENT

(continued)

157,975

Vishay Intertechnology, Inc

$

2,682,416

16,057

(a) Vishay Precision Group, Inc

601,495

83,642

(a),(b)

Vuzix Corp

280,201

148,345

(b) Xerox Holdings Corp

492,505

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

195,818,927

TELECOMMUNICATION SERVICES - 0.8%

13,495

(a) Anterix, Inc

272,869

14,813

(a) ATN International, Inc

215,233

31,861

(a) Bandwidth, Inc

514,555

58,412

Cogent Communications Group, Inc

2,409,495

63,397

(a),(b)

Globalstar, Inc

3,449,431

97,350

(a) Gogo, Inc

885,885

21,031

(a) IDT Corp

1,065,430

34,453

(a) Liberty Latin America Ltd (Class A)

268,733

165,804

(a) Liberty Latin America Ltd (Class C)

1,311,510

1,204,688

(a) Lumen Technologies, Inc

12,384,193

65,737

(a) Shenandoah Telecom Co

809,880

24,019

Spok Holdings, Inc

343,231

126,691

Telephone and Data Systems, Inc

4,918,145

179,231

Uniti Group, Inc

1,032,370

TOTAL TELECOMMUNICATION SERVICES

29,880,960

TRANSPORTATION - 1.1%

18,838

(a) Allegiant Travel Co

1,171,347

30,008

ArcBest Corp

2,230,195

76,928

(a) Blade Air Mobility, Inc

386,948

12,052

(a) Costamare Bulkers Holdings Ltd

155,953

57,390

Costamare, Inc

701,306

21,181

(a) Covenant Logistics Group, Inc

427,221

26,755

(a) Forward Air Corp

503,262

111,023

(a),(b)

Frontier Group Holdings, Inc

428,549

134,966

(a) FTAI Infrastructure, Inc

720,718

43,381

(a) Genco Shipping & Trading Ltd

739,212

63,458

(a) Heartland Express, Inc

494,972

149,343

(a),(b)

Hertz Global Holdings, Inc

766,130

38,844

(a),(b)

Himalaya Shipping Ltd

304,537

75,622

(a) Hub Group, Inc (Class A)

2,785,158

418,283

(a) JetBlue Airways Corp

1,756,789

585,781

(a),(b)

Joby Aviation, Inc

10,157,442

69,331

(a) Marten Transport Ltd

710,643

41,402

(a) Matson, Inc

4,179,532

8,979

(a) PAM Transportation Services, Inc

90,418

37,401

(a) Pangaea Logistics Solutions Ltd

185,135

27,416

(a) Proficient Auto Logistics, Inc

205,072

35,028

(a) Radiant Logistics, Inc

211,919

206,454

(a) RXO, Inc

3,660,429

66,058

(a),(b)

Safe Bulkers, Inc

309,812

27,644

(a),(b)

Sky Harbour Group Corp

273,123

51,596

(a) Skywest, Inc

5,184,366

66,691

(a) Sun Country Airlines Holdings, Inc

818,965

9,065

(a),(b)

Universal Truckload Services, Inc

146,672

73,719

(a) Werner Enterprises, Inc

1,931,438

TOTAL TRANSPORTATION

41,637,263

UTILITIES - 3.3%

74,103

(a) Allete, Inc

4,989,355

48,589

(a) American States Water Co

3,464,882

101,664

(a) Avista Corp

3,868,315

91,632

Black Hills Corp

5,812,218

152,952

(a) Brookfield Infrastructure Corp

6,930,255

68,485

(a),(b)

Cadiz, Inc

362,970

75,093

(a) California Water Service Group

3,332,627

28,787

Chesapeake Utilities Corp

3,664,009

20,522

(a) Consolidated Water Co, Inc

697,953

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

UTILITIES

(continued)

27,647

(a) Genie Energy Ltd

$

416,087

17,733

(a) Global Water Resources, Inc

175,911

40,460

(a) Hallador Energy Co

875,150

219,068

(a) Hawaiian Electric Industries, Inc

2,545,570

46,714

MGE Energy, Inc

3,871,189

23,050

(a) Middlesex Water Co

1,324,684

83,866

(a) Montauk Renewables, Inc

170,248

128,802

New Jersey Resources Corp

5,705,929

51,242

(a) Northwest Natural Holding Co

2,333,048

78,368

(a) NorthWestern Corp

4,676,219

137,943

(a),(b)

Oklo, Inc

18,314,692

76,326

ONE Gas, Inc

6,120,582

77,664

Ormat Technologies, Inc

8,261,120

49,071

Otter Tail Corp

3,789,263

121,886

PNM Resources, Inc

6,923,125

139,481

Portland General Electric Co

6,371,492

25,021

(a) Pure Cycle Corp

275,481

10,847

(a) RGC Resources, Inc

224,641

40,045

(a) SJW Corp

1,852,081

81,867

Southwest Gas Holdings Inc

6,508,427

73,887

Spire, Inc

6,383,837

20,317

(a) Unitil Corp

990,454

16,485

(a) York Water Co

512,189

TOTAL UTILITIES

121,744,003

TOTAL COMMON STOCKS

(Cost $2,246,331,806)

3,644,460,781

SHARES

DESCRIPTION

EXPIRATION

DATE

VALUE

RIGHTS/WARRANTS - 0.0%

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%

37,494

(c) AstraZeneca plc

02/20/29

11,623

20,265

(c) Chinook Therapeutics, Inc

01/02/30

159,741

(b),(c)

Selecta Biosciences, Inc

03/20/24

28,753

9,351

(c) Tobira Therapeutics, Inc

561

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

41,140

TOTAL RIGHTS/WARRANTS

(Cost $37,314)

41,140

TOTAL LONG-TERM INVESTMENTS

(Cost $2,246,369,120)

3,644,501,921

SHARES

DESCRIPTION

RATE

EXP

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 3.2%

116,553,333

(d) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(e)

116,553,333

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $116,553,333)

116,553,333

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.4%

GOVERNMENT AGENCY DEBT - 0.2%

$

5,000,000

Federal Farm Credit Discount Notes

.000

12/23/25

4,972,028

TOTAL GOVERNMENT AGENCY DEBT

4,972,028

REPURCHASE AGREEMENT - 0.2%

8,311,000

(f) Fixed Income Clearing Corporation

.150

11/03/25

8,311,000

TOTAL REPURCHASE AGREEMENT

8,311,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $13,282,689)

13,283,028

TOTAL INVESTMENTS - 103.3%

(Cost $2,376,205,142)

3,774,338,282

OTHER ASSETS & LIABILITIES, NET - (3.3)%

(118,832,572)

NET ASSETS - 100.0%

$

3,655,505,710

Small Cap Blend Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

Investments in Derivatives

REIT

Real Estate Investment Trust

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $251,300,828.

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

(d) Investments made with cash collateral received from securities on loan.

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

(f) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $8,313,874 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

2.125% and maturity date 4/15/29, valued at $8,477,271.

Futures Contracts - Long

Description

Number of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

Russell 2000 E-Mini Index

12/19/25

$

12,408,611

$

12,449,500

$

40,889

Portfolios of Investments October 31, 2025

Emerging Markets Equity Index

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 100.1%

COMMON STOCKS - 100.1%

BRAZIL - 4.1%

4,056,597

(a) Ambev S.A.

$

9,583,611

4,594,146

B3 SA-Brasil Bolsa Balcao

10,810,860

1,393,028

(a) Banco Bradesco S.A.

4,005,640

4,659,904

(a) Banco Bradesco S.A. (Preference)

15,729,488

1,037,400

(a) Banco BTG Pactual S.A. - Unit

9,413,818

1,437,666

Banco do Brasil S.A.

5,852,264

626,248

(a) BB Seguridade Participacoes S.A.

3,823,873

557,800

(a) Caixa Seguridade Participacoes S

1,552,108

1,066,145

(a) Centrais Eletricas Brasileiras S.A.

11,042,036

199,692

(a) Centrais Eletricas Brasileiras S.A.

2,204,427

417,158

(a) Cia de Saneamento Basico do Estado de Sao Paulo

10,222,017

1,452,575

(a) Cia Energetica de Minas Gerais

3,061,776

878,200

(a) Cia Paranaense de Energia

2,272,241

171,980

(a) CPFL Energia S.A.

1,329,820

616,300

(a) Embraer S.A.

9,965,137

237,052

(a) Energisa S.A.

2,283,740

692,200

(a) Eneva S.A.

2,355,818

154,725

Engie Brasil Energia S.A.

1,150,382

1,036,922

(a) Equatorial Energia S.A.

7,063,856

1,178,919

Gerdau S.A. (Preference)

4,150,359

5,165,186

(a) Investimentos Itau S.A. - PR

11,184,940

4,679,918

Itau Unibanco Holding S.A.

34,308,119

702,236

Klabin S.A.

2,354,731

787,549

(a) Localiza Rent A Car

5,773,461

373,646

(a) Marfrig Global Foods S.A.

1,241,099

903,642

(a) Motiva Infraestrutura de Mobilidade S.A.

2,667,280

2,954,918

(a) NU Holdings Ltd

47,603,729

729,085

(a) Petro Rio S.A.

4,882,747

3,219,478

(a) Petroleo Brasileiro S.A.

18,856,263

4,014,125

Petroleo Brasileiro S.A. (Preference)

22,197,273

175,900

(a) Porto Seguro S.A.

1,571,017

1,091,495

Raia Drogasil S.A.

4,057,640

713,188

(a),(b)

Rede D'Or Sao Luiz S.A.

5,745,326

1,088,527

Rumo S.A.

3,221,099

607,987

(a) Suzano SA

5,525,048

708,000

(a) Telefonica Brasil S.A.

4,216,456

722,100

(a) TIM S.A.

3,260,218

479,900

TOTVS S.A.

3,957,874

622,660

Ultrapar Participacoes S.A.

2,477,932

3,162,942

Vale S.A.

38,367,196

915,927

(a) Vibra Energia S.A.

4,051,908

1,473,634

(a) WEG S.A.

11,531,704

315,056

(a) XP, Inc

5,740,320

TOTAL BRAZIL

362,666,651

CHILE - 0.5%

40,261,926

(a) Banco de Chile

7,065,647

73,811

(a) Banco de Credito e Inversiones

3,788,075

56,447,502

(a) Banco Santander Chile S.A.

4,078,508

1,152,948

Cencosud S.A.

3,575,478

878,774

(a) Empresas CMPC S.A.

1,269,096

317,779

Empresas COPEC S.A.

2,270,081

27,050,157

(a) Enel Chile S.A.

2,066,321

18,656,126

(a) Enersis S.A.

1,763,775

276,682,376

(a) Lan Airlines S.A.

6,288,079

546,782

(a) SACI Falabella

3,431,346

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CHILE

(continued)

123,360

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

$

6,001,965

TOTAL CHILE

41,598,371

CHINA - 28.8%

75,500

(a) 360 Finance, Inc (ADR)

1,823,325

351,500

(a) 360 Security Technology, Inc

591,579

125,000

(a) 37 Interactive Entertainment Network Technology Group Co Ltd

364,964

1,578,000

(a),(b)

3SBio, Inc

6,278,310

670,500

(a) AAC Technologies Holdings, Inc

3,446,633

45,400

(a) Accelink Technologies Co Ltd

401,167

11,685

(a) ACM Research Shanghai, Inc

291,547

34,602

(a) Advanced Micro-Fabrication Equipment, Inc China

1,359,416

135,300

(a) AECC Aviation Power Co Ltd

743,356

24,280,043

Agricultural Bank of China Ltd

18,522,687

4,458,700

Agricultural Bank of China Ltd (Class A)

4,989,351

556,970

Aier Eye Hospital Group Co Ltd

958,484

742,490

(a) Air China Ltd

821,054

116,530

(a) Airtac International Group

3,437,048

551,000

(a),(b)

Akeso, Inc

8,023,048

14,962,377

Alibaba Group Holding Ltd

318,380,474

5,044,284

(a),(c)

Alibaba Health Information Technology Ltd

3,762,461

3,194,000

(a) Aluminum Corp of China Ltd

4,061,229

785,700

(a) Aluminum Corp of China Ltd (Class A)

1,102,304

16,465

(a) Amlogic Shanghai Co Ltd

199,009

37,600

(a) Angel Yeast Co Ltd

205,204

1,038,782

(a) Anhui Conch Cement Co Ltd

3,097,090

206,200

(a) Anhui Conch Cement Co Ltd (Class A)

672,297

101,358

(a) Anhui Gujing Distillery Co Ltd

1,281,372

20,900

(a) Anhui Gujing Distillery Co Ltd (Class A)

473,157

119,100

(a) Anhui Jianghuai Automobile Group Corp Ltd

854,787

23,660

(a) Anker Innovations Technology Co Ltd

389,116

1,108,086

(a) Anta Sports Products Ltd

11,566,344

7,550

(a) APT Medical, Inc

293,052

53,400

Autohome, Inc (ADR)

1,345,680

130,200

(a) Avary Holding Shenzhen Co Ltd

959,724

2,499,861

(a) AviChina Industry & Technology Co Ltd

1,273,416

14,700

(a) AVICOPTER plc

74,483

252,500

(a) BAIC BluePark New Energy Technology Co Ltd

296,399

1,933,812

(a) Baidu, Inc

29,270,619

1,235,616

(a) Bank of Beijing Co Ltd

970,997

72,686

(a) Bank of Changsha Co Ltd

97,817

247,205

(a) Bank of Chengdu Co Ltd

584,303

2,384,843

(a) Bank of China Ltd - A

1,881,574

62,369,425

Bank of China Ltd - H

35,316,270

2,664,000

(a) Bank of Communications Co Ltd - A

2,690,786

7,710,934

(a) Bank of Communications Co Ltd - H

6,849,623

307,700

(a) Bank of Hangzhou Co Ltd

679,125

995,110

(a) Bank of Jiangsu Co Ltd

1,508,039

592,000

(a) Bank of Nanjing Co Ltd

941,255

342,168

(a) Bank of Ningbo Co Ltd

1,363,858

731,809

(a) Bank of Shanghai Co Ltd

976,308

103,200

(a) Bank of Suzhou Co Ltd

119,975

1,082,200

(a) Baoshan Iron & Steel Co Ltd

1,121,642

32,600

(a) Beijing Compass Technology Development Co Ltd

662,606

157,500

(a) Beijing Enlight Media Co Ltd

375,422

451,500

(a) Beijing Enterprises Holdings Ltd

1,981,126

3,803,583

(a) Beijing Enterprises Water Group Ltd

1,222,509

24,376

(a) Beijing Kingsoft Office Software, Inc

1,230,200

79,600

(a) Beijing New Building Materials plc

265,980

12,761

(a) Beijing Roborock Technology Co Ltd

293,026

97,320

(a) Beijing Tiantan Biological Products Corp Ltd

252,044

70,200

Beijing Tongrentang Co Ltd

334,346

54,698

(a) Beijing Wantai Biological Pharmacy Enterprise Co Ltd

433,860

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CHINA

(continued)

79,300

(a) Beijing Yanjing Brewery Co Ltd

$

131,058

2,700,800

(a) Beijing-Shanghai High Speed Railway Co Ltd

1,969,463

738,026

(a) BeOne Medicines Ltd

17,743,843

8,583

(a) Bestechnic Shanghai Co Ltd

296,842

33,720

(a) Bethel Automotive Safety Systems Co Ltd

238,039

202,807

(a) Bilibili, Inc

6,125,376

185,500

(a),(b)

BOC Aviation Ltd

1,626,035

162,200

(a) BOC International China Co Ltd

320,711

2,261,500

(a) BOE Technology Group Co Ltd

1,290,911

4,390,000

(a) Bosideng International Holdings Ltd

2,686,301

295,200

BYD Co Ltd

4,186,179

3,207,610

BYD Co Ltd (H shares)

41,442,269

672,000

(a) BYD Electronic International Co Ltd

3,154,788

789,575

(a) C&D International Investment Group Ltd

1,621,749

383,350

(a) Caitong Securities Co Ltd

463,505

21,737

(a) Cambricon Technologies Corp Ltd

4,201,205

103,900

(a) Capital Securities Co Ltd

303,778

1,160,800

(a) CCOOP Group Co Ltd

437,384

9,334,000

(a),(b)

CGN Power Co Ltd

3,698,052

1,091,100

(a) CGN Power Co Ltd

604,322

22,500

(a) Changchun High & New Technology Industry Group, Inc

355,169

269,545

(a) Changjiang Securities Co Ltd

334,270

11,100

(a) Changzhou Xingyu Automotive Lighting Systems Co Ltd

202,426

127,100

(a) Chaozhou Three-Circle Group Co Ltd

887,104

60,800

(a) Chifeng Jilong Gold Mining Co Ltd

253,520

7,208,530

(a) China Citic Bank

6,877,700

666,600

(a) China CITIC Bank Corp Ltd

725,831

1,616,000

(a),(c)

China Coal Energy Co

2,276,368

2,354,000

(a) China Communications Services Corp Ltd

1,410,784

987,700

China Construction Bank Corp - A

1,268,446

83,844,641

China Construction Bank Corp - H

83,009,620

416,700

(a) China CSSC Holdings Ltd

2,104,874

880,200

(a) China Eastern Airlines Corp Ltd

594,235

1,330,900

(a) China Energy Engineering Corp Ltd

450,892

2,820,000

(a) China Everbright Bank Co Ltd - A

1,324,088

2,906,000

(a) China Everbright Bank Co Ltd - H

1,192,178

3,307,000

(a),(b)

China Feihe Ltd

1,764,984

2,998,745

(a) China Galaxy Securities Co Ltd

4,314,003

410,100

(a) China Galaxy Securities Co Ltd (Class A)

1,013,651

2,369,868

(a) China Gas Holdings Ltd

2,437,517

213,400

(a) China Great Wall Securities Co Ltd

331,795

165,300

(a) China Greatwall Technology Group Co Ltd

393,340

2,450,500

(a) China Hongqiao Group Ltd

9,304,042

12,838,000

(a),(b)

China Huarong Asset Management Co Ltd

1,701,893

2,230,000

(a),(d)

China Huishan Dairy Holdings Co Ltd

2,870

1,274,824

(a) China Insurance International Holdings Co Ltd

2,899,798

1,382,206

(a),(b)

China International Capital Corp Ltd

3,760,356

178,600

(a) China International Capital Corp Ltd

925,435

182,544

China Jushi Co Ltd

420,550

6,525,880

(a) China Life Insurance Co Ltd

20,579,301

156,500

(a) China Life Insurance Co Ltd (Class A)

967,738

348,000

(a),(b),(c)

China Literature Ltd

1,874,744

2,257,341

(a) China Longyuan Power Group Corp Ltd

2,090,538

2,793,000

(a) China Mengniu Dairy Co Ltd

5,082,564

3,422,368

China Merchants Bank Co Ltd

21,453,225

1,089,595

China Merchants Bank Co Ltd (Class A)

6,267,497

323,300

(a) China Merchants Energy Shipping Co Ltd

419,940

347,700

(a) China Merchants Expressway Network & Technology Holdings Co Ltd

501,504

1,066,894

(a) China Merchants Holdings International Co Ltd

2,064,987

351,020

(a) China Merchants Securities Co Ltd

855,283

437,000

(a) China Merchants Shekou Industrial Zone Holdings Co Ltd

580,405

2,177,258

China Minsheng Banking Corp Ltd - A

1,196,679

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CHINA

(continued)

6,035,514

(a) China Minsheng Banking Corp Ltd - H

$

3,092,079

3,270,000

(a) China Molybdenum Co Ltd

7,079,410

918,300

(a) China Molybdenum Co Ltd (Class A)

2,202,032

3,271,254

(a) China National Building Material Co Ltd

2,318,199

256,700

(a) China National Chemical Engineering Co Ltd

278,962

979,900

(a) China National Nuclear Power Co Ltd

1,236,917

45,600

(a) China National Software & Service Co Ltd

335,191

188,600

(a) China Northern Rare Earth Group High-Tech Co Ltd

1,347,143

1,648,773

(a) China Oilfield Services Ltd

1,609,617

3,230,794

(a) China Overseas Land & Investment Ltd

5,421,899

358,500

(a) China Pacific Insurance Group Co Ltd - A

1,789,177

2,282,619

(a) China Pacific Insurance Group Co Ltd - H

9,253,854

1,764,800

(a) China Petroleum & Chemical Corp

1,357,531

20,044,000

(a) China Petroleum & Chemical Corp

10,661,487

3,369,000

(a),(c)

China Power International Development Ltd

1,452,369

1,165,611

(a) China Railway Group Ltd - A

920,895

3,970,000

(a) China Railway Group Ltd - H

2,013,895

365,184

(a) China Railway Signal & Communication Corp Ltd

272,540

44,000

(a) China Rare Earth Resources And Technology Co Ltd

326,013

1,439,071

(a) China Resources Beer Holdings Company Ltd

4,922,383

784,600

(a) China Resources Gas Group Ltd

2,157,510

2,817,055

(a) China Resources Land Ltd

10,177,842

73,708

(a) China Resources Microelectronics Ltd

525,833

616,807

(a),(b)

China Resources Mixc Lifestyle Services Ltd

3,227,207

1,860,346

(a),(b)

China Resources Pharmaceutical Group Ltd

1,192,193

1,799,372

(a) China Resources Power Holdings Co

4,302,837

83,527

(a) China Resources Sanjiu Medical & Pharmaceutical Co Ltd

338,596

7,638,904

(a),(c)

China Ruyi Holdings Ltd

2,723,072

346,600

(a) China Shenhua Energy Co Ltd - A

2,071,142

2,961,000

(a) China Shenhua Energy Co Ltd - H

15,418,467

758,200

(a) China Southern Airlines Co Ltd (Class A)

711,122

2,240,710

(a) China State Construction Engineering Corp Ltd

1,710,424

1,198,000

(a) China State Construction International Holdings Ltd

1,362,797

1,369,000

(a) China Three Gorges Renewables Group Co Ltd

817,852

111,600

China Tourism Group Duty Free Corp Ltd

1,193,817

3,895,877

(a),(b)

China Tower Corp Ltd

5,628,165

1,731,500

(a) China United Network Communications Ltd

1,320,197

2,173,400

(a),(c)

China Vanke Co Ltd

1,231,319

588,700

(a) China Vanke Co Ltd (Class A)

519,054

323,200

(a) China XD Electric Co Ltd

362,309

1,291,900

China Yangtze Power Co Ltd

5,103,917

934,215

(a) China Zheshang Bank Co Ltd

392,682

424,266

(a) Chongqing Changan Automobile Co Ltd

739,036

2,024,000

(a) Chongqing Rural Commercial Bank

1,664,407

620,452

(a) Chongqing Rural Commercial Bank Co Ltd

603,583

95,500

Chongqing Zhifei Biological Products Co Ltd

276,337

1,715,633

(c) Chow Tai Fook Jewellery Group Ltd

3,357,875

3,550,738

(a) Citic Pacific Ltd

5,488,128

117,100

(a) Citic Pacific Special Steel Group Co Ltd

240,192

1,368,232

CITIC Securities Co Ltd

5,208,979

643,480

CITIC Securities Co Ltd (Class A)

2,659,702

78,950

(a),(b)

Cloud Music, Inc

2,451,486

38,080

(a) CNGR Advanced Material Co Ltd

246,413

428,500

(a) CNPC Capital Co Ltd

629,369

3,600,000

(a) Cnpc Hong Kong Ltd

3,309,068

231,780

Contemporary Amperex Technology Co Ltd

12,672,583

60,100

(a),(c)

Contemporary Amperex Technology Co Ltd

4,300,876

163,700

COSCO SHIPPING Energy Transportation Co Ltd

309,429

628,010

(a) COSCO SHIPPING Holdings Co Ltd - A

1,325,022

2,239,800

(a),(c)

COSCO SHIPPING Holdings Co Ltd - H

3,884,331

3,849,000

(a) CRRC Corp Ltd

2,920,684

1,309,600

(a) CRRC Corp Ltd (Class A)

1,410,489

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CHINA

(continued)

275,200

(a) CSC Financial Co Ltd

$

1,013,543

234,018

(a) CSI Solar Co Ltd

509,759

76,200

(a) CSPC Innovation Pharmaceutical Co Ltd

379,363

6,999,489

(a) CSPC Pharmaceutical Group Ltd

6,894,443

1,044,700

(a) Daqin Railway Co Ltd

841,482

324,600

(a) Datang International Power Generation Co Ltd

166,082

31,500

(a) Dong-E-E-Jiao Co Ltd

210,188

145,100

(a) Dongfang Electric Corp Ltd

425,427

170,400

(a) Dongxing Securities Co Ltd

303,460

811,885

(a) East Money Information Co Ltd

2,912,522

27,877

(a) Eastroc Beverage Group Co Ltd

1,097,078

29,300

(a) Ecovacs Robotics Co Ltd

368,408

25,200

(a) Empyrean Technology Co Ltd

428,790

693,928

ENN Energy Holdings Ltd

6,046,381

115,700

(a) ENN Natural Gas Co Ltd

317,494

53,040

(a) Eoptolink Technology, Inc Ltd

2,548,419

99,961

(a) Eve Energy Co Ltd

1,169,074

182,800

(a) Everbright Securities Co Ltd

478,215

1,046,551

(a) Everdisplay Optronics Shanghai Co Ltd

400,105

1,740,000

(a) Far East Horizon Ltd

1,562,978

95,600

(a) Flat Glass Group Co Ltd

248,898

845,140

(a) Focus Media Information Technology Co Ltd

919,880

267,764

(a) Foshan Haitian Flavouring & Food Co Ltd

1,435,062

2,145,452

(a) Fosun International

1,360,941

365,800

(a) Founder Securities Co Ltd

423,300

682,100

(a) Foxconn Industrial Internet Co Ltd

6,878,702

115,200

(a) Fuyao Glass Industry Group Co Ltd - A

1,093,125

528,498

(a),(b)

Fuyao Glass Industry Group Co Ltd - H

4,706,448

120,822

(a) GalaxyCore, Inc

271,149

79,940

(a) Ganfeng Lithium Group Co Ltd

775,961

20,354,795

(a),(c)

GCL Technology Holdings Ltd

3,558,212

1,118,283

(a) GD Power Development Co Ltd

831,630

888,900

(a) GDS Holdings Ltd

3,960,453

5,256,828

(a) Geely Automobile Holdings Ltd

12,470,823

268,600

(a) GEM Co Ltd

321,472

1,070,000

(a),(c)

Genscript Biotech Corp

2,220,937

293,100

(a) GF Securities Co Ltd (Class A)

930,682

340,000

(a),(b),(c)

Giant Biogene Holding Co ltd

1,629,375

105,300

(a) Giant Network Group Co Ltd

519,434

34,468

(a) GigaDevice Semiconductor, Inc

1,066,201

179,000

(a) GoerTek, Inc

825,472

47,908

(a) Gongniu Group Co Ltd

294,152

90,500

(a) Gotion High-tech Co Ltd

579,430

1,995,266

Great Wall Motor Co Ltd

3,884,973

131,400

Great Wall Motor Co Ltd

420,958

160,900

(a) Gree Electric Appliances, Inc of Zhuhai

899,701

143,700

(a) GRG Banking Equipment Co Ltd

259,559

83,900

(a) Guangdong Haid Group Co Ltd

688,689

2,682,000

(a) Guangdong Investments Ltd

2,547,853

363,187

(a) Guanghui Energy Co Ltd

269,053

222,800

(a) Guangzhou Automobile Group Co Ltd

245,334

74,100

(a) Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd

274,436

212,700

(a) Guangzhou Haige Communications Group, Inc Co

350,144

86,600

(a) Guangzhou Tinci Materials Technology Co Ltd

485,383

275,300

(a) Guolian Securities Co Ltd

426,126

280,600

(a) Guosen Securities Co Ltd

554,039

752,860

(a) Guotai Junan Securities Co Ltd

2,052,308

1,656,696

(a),(b)

Guotai Junan Securities Co Ltd (Hong Kong)

3,174,443

339,630

(a) Guoyuan Securities Co Ltd

418,408

1,407,000

(a),(b),(c)

Haidilao International Holding Ltd

2,318,610

2,148,400

Haier Smart Home Co Ltd

6,986,347

339,100

(a) Haier Smart Home Co Ltd

1,278,711

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CHINA

(continued)

2,100,900

(a) Hainan Airlines Holding Co Ltd

$

522,895

650,200

(a) Hainan Airport Infrastructure Co Ltd

451,134

50,100

(a) Haisco Pharmaceutical Group Co Ltd

399,151

527,000

(a) Haitian International Holdings Ltd

1,440,047

111,790

(a) Hangzhou First Applied Material Co Ltd

246,746

46,500

(a) Hangzhou Silan Microelectronics Co Ltd

208,251

16,400

(a) Hangzhou Tigermed Consulting Co Ltd - A

137,982

1,018,000

(a),(b)

Hansoh Pharmaceutical Group Co Ltd

4,673,336

123,100

(a) Henan Shenhuo Coal & Power Co Ltd

427,690

164,970

(a) Henan Shuanghui Investment & Development Co Ltd

596,947

537,500

(a) Hengan International Group Co Ltd

1,882,479

370,520

(a) Hengli Petrochemical Co Ltd

935,175

127,300

(a) Hengtong Optic-electric Co Ltd

400,189

27,300

(a) Hithink RoyalFlush Information Network Co Ltd

1,392,303

297,100

(a) HLA Corp Ltd

258,584

4,389,600

(a) Horizon Robotics, Inc

4,971,267

41,000

(a) Hoshine Silicon Industry Co Ltd

285,848

628,051

(a),(b),(c)

Hua Hong Semiconductor Ltd

6,437,640

555,400

(a) Huadian Power International Corp Ltd (Class A)

422,533

97,400

(a) Huadong Medicine Co Ltd

568,804

146,400

(a) Huafon Chemical Co Ltd

184,665

46,200

(a) Huagong Tech Co Ltd

518,402

120,900

(a) Huaibei Mining Holdings Co Ltd

225,681

105,520

(a) Hualan Biological Engineering, Inc

239,126

380,000

(a) Huaneng Power International, Inc - A

434,380

3,895,110

(a) Huaneng Power International, Inc - H

3,217,791

44,000

(a) Huaqin Technology Co Ltd

628,071

1,148,200

(a),(b),(c)

Huatai Securities Co Ltd

2,886,674

392,100

Huatai Securities Co Ltd (Class A)

1,198,059

692,419

(a) Huaxia Bank Co Ltd

662,886

134,473

(a) Huayu Automotive Systems Co Ltd

386,180

174,506

Huazhu Group Ltd (ADR)

6,735,932

36,300

(a) Huizhou Desay Sv Automotive Co Ltd

605,618

93,600

(a) Humanwell Healthcare Group Co Ltd

277,998

389,400

(a) Hunan Valin Steel Co Ltd

316,018

98,096

(a) Hundsun Technologies, Inc

433,966

15,697

(a) Hwatsing Technology Co Ltd

302,972

122,401

(a) Hygon Information Technology Co Ltd

3,947,036

121,200

(a) Iflytek Co Ltd

947,738

15,260

(a) Imeik Technology Development Co Ltd

343,214

3,216,505

Industrial & Commercial Bank of China Ltd - A

3,519,740

57,076,777

Industrial & Commercial Bank of China Ltd - H

44,223,027

1,111,200

Industrial Bank Co Ltd

3,161,668

376,480

(a) Industrial Securities Co Ltd

364,380

22,800

(a) Ingenic Semiconductor Co Ltd

278,127

1,909,400

(a) Inner Mongolia BaoTou Steel Union Co Ltd

681,893

140,900

(a) Inner Mongolia Dian Tou Energy Corp Ltd

500,582

649,400

(a) Inner Mongolia Junzheng Energy & Chemical Industry Group Co Ltd

471,919

323,600

(a) Inner Mongolia Yili Industrial Group Co Ltd

1,247,560

782,800

(a) Inner Mongolia Yitai Coal Co

1,526,797

1,247,237

(a),(b)

Innovent Biologics, Inc

13,990,997

76,900

(a) Inspur Electronic Information Industry Co Ltd

704,418

52,500

(a) Isoftstone Information Technology Group Co Ltd

392,741

159,684

(a) JA Solar Technology Co Ltd

315,963

96,100

(a) JCET Group Co Ltd

540,940

981,899

(a),(b)

JD Health International, Inc

7,664,649

1,735,400

(a),(b)

JD Logistics, Inc

2,829,053

2,121,534

JD.com, Inc

35,026,475

302,900

(a) Jiangsu Eastern Shenghong Co Ltd

393,819

1,104,000

(a) Jiangsu Express

1,344,028

77,156

(a) Jiangsu Hengli Hydraulic Co Ltd

1,042,087

351,119

Jiangsu Hengrui Pharmaceuticals Co Ltd

3,163,149

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CHINA

(continued)

47,300

(a) Jiangsu Hoperun Software Co Ltd

$

409,583

35,700

(a) Jiangsu King's Luck Brewery JSC Ltd

194,770

151,400

(a) Jiangsu Phoenix Publishing & Media Corp Ltd

214,484

79,500

(a) Jiangsu Yanghe Brewery Joint-Stock Co Ltd

791,247

58,800

(a) Jiangsu Yuyue Medical Equipment & Supply Co Ltd

297,769

157,000

(a) Jiangsu Zhongtian Technology Co Ltd

373,855

927,000

(a) Jiangxi Copper Co Ltd

3,867,852

100,300

(a) Jiangxi Copper Co Ltd (Class A)

579,140

206,300

(a) Jinduicheng Molybdenum Co Ltd

435,764

535,296

(a) Jinko Solar Co Ltd

437,181

324,700

(a) Kanzhun Ltd (ADR)

7,195,352

1,800,000

(a) KE Holdings, Inc

10,209,001

2,604,000

(a) Kingdee International Software Group Co Ltd

4,912,821

843,000

Kingsoft Corp Ltd

3,674,750

2,324,901

(a),(b)

Kuaishou Technology

21,585,157

112,300

Kuang-Chi Technologies Co Ltd

719,261

71,100

(a) Kunlun Tech Co Ltd

460,711

66,143

(a) Kweichow Moutai Co Ltd

13,304,576

23,200

(a),(c)

Laopu Gold Co Ltd

2,042,202

139,300

(a) LB Group Co Ltd

360,678

5,827,856

Lenovo Group Ltd

8,501,957

256,900

(a) Lens Technology Co Ltd

1,061,921

1,095,310

(a) Li Auto, Inc

11,366,109

2,009,000

(a) Li Ning Co Ltd

4,368,000

354,800

(a) Lingyi iTech Guangdong Co

779,160

1,725,500

(a),(b)

Longfor Group Holdings Ltd

2,131,394

369,224

(a) LONGi Green Energy Technology Co Ltd

1,095,305

16,924

(a) Loongson Technology Corp Ltd

327,944

387,053

(a) Luxshare Precision Industry Co Ltd

3,429,082

73,300

(a) Luzhou Laojiao Co Ltd

1,385,801

108,370

(a) Mango Excellent Media Co Ltd

448,873

28,120

(a) Maxscend Microelectronics Co Ltd

295,069

195,200

(a) Meihua Holdings Group Co Ltd

306,465

2,946,500

(a),(b)

Meitu, Inc

3,272,367

4,337,829

(a),(b)

Meituan

57,097,769

966,700

(a) Metallurgical Corp of China Ltd

474,388

320,300

(a) Midea Group Co Ltd

3,462,212

182,800

(a) Midea Group Co Ltd

1,963,618

422,000

(a) MINISO Group Holding Ltd

2,256,300

3,736,000

(a) MMG Ltd

3,315,522

64,976

(a) Montage Technology Co Ltd

1,245,400

286,084

(a) Muyuan Foods Co Ltd

2,024,619

191,000

(a) Nanjing Securities Co Ltd

227,448

442,127

(a) NARI Technology Co Ltd

1,506,476

134,469

(a) National Silicon Industry Group Co Ltd

432,165

38,745

(a) NAURA Technology Group Co Ltd

2,216,777

1,516,419

NetEase, Inc

42,551,812

104,200

(a) New China Life Insurance Co Ltd - A

993,139

830,100

(a) New China Life insurance Co Ltd - H

5,245,906

86,500

(a) New Hope Liuhe Co Ltd

118,319

1,060,327

(a) New Oriental Education & Technology Group, Inc

6,340,496

117,106

(a) Nexchip Semiconductor Corp

552,073

78,600

(a) Ninestar Corp

239,668

43,041

(a) Ningbo Deye Technology Co Ltd

450,620

37,700

(a) Ningbo Orient Wires & Cables Co Ltd

332,176

90,000

(a) Ningbo Sanxing Medical Electric Co Ltd

283,441

95,710

(a) Ningbo Tuopu Group Co Ltd

998,453

371,700

(a) Ningxia Baofeng Energy Group Co Ltd

963,931

1,492,620

(a),(c)

NIO, Inc

10,792,424

1,732,900

(b) Nongfu Spring Co Ltd

11,519,537

208,900

(a) OFILM Group Co Ltd

362,426

3,040

(a) Oppein Home Group, Inc

22,865

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CHINA

(continued)

449,180

(a) Orient Securities Co Ltd

$

687,870

618,517

(a) PDD Holdings, Inc (ADR)

83,419,388

7,669,220

(a) People's Insurance Co Group of China Ltd

6,887,801

619,700

(a) People's Insurance Co Group of China Ltd (Class A)

735,587

1,117,700

(a) PetroChina Co Ltd

1,439,291

18,246,000

(a) PetroChina Co Ltd

18,861,222

75,900

(a) Pharmaron Beijing Co Ltd - A

357,358

5,944,306

(a) PICC Property & Casualty Co Ltd

14,043,563

1,113,200

(a) Ping An Bank Co Ltd

1,771,413

5,840,692

(a) Ping An Insurance Group Co of China Ltd

42,195,095

582,500

Ping An Insurance Group Co of China Ltd (Class A)

4,737,124

13,542

(a) Piotech, Inc

580,706

461,900

(a) Poly Developments and Holdings Group Co Ltd

475,822

461,875

(a),(b)

Pop Mart International Group Ltd

13,138,091

1,587,078

Postal Savings Bank of China Co Ltd - A

1,283,113

7,871,000

(b) Postal Savings Bank of China Co Ltd - H

5,545,988

1,133,900

(a) Power Construction Corp of China Ltd

898,893

264,300

(a) Qinghai Salt Lake Industry Co Ltd

920,704

74,200

(a) Range Intelligent Computing Technology Group Co Ltd

526,642

21,700

(a) Rockchip Electronics Co Ltd

553,602

593,400

(a) Rongsheng Petrochemical Co Ltd

850,036

456,300

(a) SAIC Motor Corp Ltd

1,067,601

173,200

(a) Sailun Group Co Ltd

373,631

254,100

(a) Sanan Optoelectronics Co Ltd

495,837

473,900

(a) Sany Heavy Industry Co Ltd

1,474,721

202,691

(a) Satellite Chemical Co Ltd

510,487

290,100

(a) SDIC Capital Co Ltd

319,794

331,900

(a) SDIC Power Holdings Co Ltd

669,682

87,000

(a) Seres Group Co Ltd

1,899,894

254,900

SF Holding Co Ltd

1,444,941

43,641

(a) SG Micro Corp

451,751

490,871

(a) Shaanxi Coal Industry Co Ltd

1,566,321

208,845

(a) Shandong Gold Mining Co Ltd - A

1,054,388

715,624

(a),(b),(c)

Shandong Gold Mining Co Ltd - H

2,999,982

36,700

(a) Shandong Himile Mechanical Science & Technology Co Ltd

345,279

92,690

(a) Shandong Hualu Hengsheng Chemical Co Ltd

334,416

673,600

(a) Shandong Nanshan Aluminum Co Ltd

436,416

104,900

(a) Shandong Sun Paper Industry JSC Ltd

209,709

2,309,390

(a) Shandong Weigao Group Medical Polymer Co Ltd

1,616,547

24,441

(a) Shanghai Allist Pharmaceuticals Co Ltd

369,484

90,417

(a) Shanghai Baosight Software Co Ltd

292,309

707,900

(a) Shanghai Electric Group Co Ltd

926,498

123,800

(a) Shanghai Fosun Pharmaceutical Group Co Ltd - A

507,873

15,549

(a) Shanghai Friendess Electronic Technology Corp Ltd

299,248

72,400

(a) Shanghai International Airport Co Ltd

328,599

173,400

(a) Shanghai Pharmaceuticals Holding Co Ltd - A

437,086

1,614,630

(a) Shanghai Pudong Development Bank Co Ltd

2,610,517

105,283

(a) Shanghai Putailai New Energy Technology Co Ltd

432,585

348,100

(a) Shanghai RAAS Blood Products Co Ltd

329,890

468,600

(a) Shanghai Rural Commercial Bank Co Ltd

561,919

39,319

(a) Shanghai United Imaging Healthcare Co Ltd

773,094

82,900

(a) Shanghai Zhangjiang High-Tech Park Development Co Ltd

519,423

73,900

(a) Shanxi Lu'an Environmental Energy Development Co Ltd

153,755

63,620

(a) Shanxi Xinghuacun Fen Wine Factory Co Ltd

1,704,588

182,970

(a) Shanxi Xishan Coal & Electricity Power Co Ltd

188,304

85,700

(a) Shenergy Co Ltd

99,150

129,000

(a) Shengyi Technology Co Ltd

1,163,126

34,288

(a) Shennan Circuits Co Ltd

1,032,176

1,055,300

(a) Shenwan Hongyuan Group Co Ltd

811,546

26,500

(a) Shenzhen Goodix Technology Co Ltd

306,279

60,927

Shenzhen Inovance Technology Co Ltd

659,209

51,100

(a) Shenzhen Kinwong Electronic Co Ltd

521,001

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CHINA

(continued)

66,500

Shenzhen Mindray Bio-Medical Electronics Co Ltd

$

2,010,504

44,500

(a) Shenzhen New Industries Biomedical Engineering Co Ltd

381,641

49,800

(a) Shenzhen Salubris Pharmaceuticals Co Ltd

417,302

59,469

(a) Shenzhen Transsion Holdings Co Ltd

637,479

721,700

(a) Shenzhou International Group Holdings Ltd

6,229,576

10,756

(a) Sichuan Biokin Pharmaceutical Co Ltd

564,296

264,800

(a) Sichuan Changhong Electric Co Ltd

379,478

208,373

(a) Sichuan Chuantou Energy Co Ltd

431,212

73,700

(a) Sichuan Kelun Pharmaceutical Co Ltd

362,498

41,200

(a),(c)

Sichuan Kelun-Biotech Biopharmaceutical Co Ltd

2,368,413

312,040

(a) Sichuan Road and Bridge Group Co Ltd

415,868

295,000

(a) Silergy Corp

2,122,463

208,200

(a) Sinolink Securities Co Ltd

289,087

1,149,600

(a) Sinopharm Group Co Ltd

2,865,453

626,000

(a) Sinotruk Hong Kong Ltd

2,091,363

1,582,000

(a),(b),(c)

Smoore International Holdings Ltd

2,664,287

261,456

(a) SooChow Securities Co Ltd

352,668

542,900

(a) Southwest Securities Co Ltd

361,674

46,200

(a) Spring Airlines Co Ltd

348,008

109,320

(a) Sungrow Power Supply Co Ltd

2,916,714

621,217

Sunny Optical Technology Group Co Ltd

6,003,253

78,000

(a) Sunwoda Electronic Co Ltd

393,190

88,400

(a) Suzhou Dongshan Precision Manufacturing Co Ltd

850,981

35,564

(a) Suzhou TFC Optical Communication Co Ltd

784,297

352,932

(a) TAL Education Group (ADR)

4,326,946

249,470

(a) TBEA Co Ltd

686,756

833,690

(a) TCL Technology Group Corp

505,487

186,250

(a) TCL Zhonghuan Renewable Energy Technology Co Ltd

247,709

5,589,891

Tencent Holdings Ltd

454,053,977

502,100

Tencent Music Entertainment Group (ADR)

11,206,872

735,000

(a) Tianfeng Securities Co Ltd

541,397

76,200

(a) Tianqi Lithium Corp

572,333

196,300

(a) Tianshan Aluminum Group Co Ltd

368,657

86,500

(a) Tianshui Huatian Technology Co Ltd

146,774

1,782,025

(a) Tingyi Cayman Islands Holding Corp

2,444,989

1,106,400

(a) Tongcheng Travel Holdings Ltd

3,044,599

83,500

(a) TongFu Microelectronics Co Ltd

499,082

714,500

(a) Tongling Nonferrous Metals Group Co Ltd

530,833

231,892

(a) Tongwei Co Ltd

807,509

869,661

(a) Travelsky Technology Ltd

1,144,473

94,675

(a) Trina Solar Co Ltd

270,968

540,050

(a) Trip.com Group Ltd

38,004,082

560,000

(a) Tsingtao Brewery Co Ltd

3,784,776

19,300

(a) Tsingtao Brewery Co Ltd (Class A)

178,204

34,299

(a) Unigroup Guoxin Microelectronics Co Ltd

393,998

166,080

(a) Unisplendour Corp Ltd

632,381

26,881

(a) Verisilicon Microelectronics Shanghai Co Ltd

601,745

44,300

(a) Victory Giant Technology Huizhou Co Ltd

1,822,255

285,497

Vipshop Holdings Ltd (ADR)

4,993,343

158,700

(a) Wanhua Chemical Group Co Ltd

1,396,897

4,384,587

(a) Want Want China Holdings Ltd

2,833,437

1,682,800

Weichai Power Co Ltd

3,477,167

356,600

Weichai Power Co Ltd (Class A)

750,148

328,160

(a) Wens Foodstuffs Group Co Ltd

837,647

118,300

Western Mining Co Ltd

399,021

255,800

(a) Western Securities Co Ltd

308,942

24,665

(a) Western Superconducting Technologies Co Ltd

271,055

62,790

(a) Will Semiconductor Co Ltd

1,153,651

50,200

(a) Wingtech Technology Co Ltd

317,264

1,538,900

(a) Wintime Energy Group Co Ltd

348,263

278,568

(a) Wuhan Guide Infrared Co Ltd

543,550

209,700

(a) Wuliangye Yibin Co Ltd

3,507,922

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

CHINA

(continued)

98,790

(a) WUS Printed Circuit Kunshan Co Ltd

$

982,245

127,404

(a) WuXi AppTec Co Ltd - A

1,779,498

295,277

(a),(b)

WuXi AppTec Co Ltd - H

4,125,941

2,974,301

(a),(b)

Wuxi Biologics Cayman, Inc

13,872,418

250,000

(a) WuXi XDC Cayman, Inc

2,415,101

561,100

(a) XCMG Construction Machinery Co Ltd

839,259

201,636

(a) Xiamen C & D, Inc

288,845

47,100

(a) Xiamen Tungsten Co Ltd

236,484

14,943,036

(a),(b)

Xiaomi Corp

82,902,626

74,862

(a) Xinjiang Daqo New Energy Co Ltd

315,366

158,100

(a) Xinjiang Goldwind Science & Technology Co Ltd - A

349,113

3,991,290

(a),(c)

Xinyi Solar Holdings Ltd

1,839,173

1,092,389

(a) XPeng, Inc

12,726,508

1,014,000

(a),(b)

Yadea Group Holdings Ltd

1,585,309

56,500

(a) Yantai Jereh Oilfield Services Group Co Ltd

397,037

2,899,204

(a) Yanzhou Coal Mining Co Ltd

3,980,157

290,995

(a) Yanzhou Coal Mining Co Ltd (Class A)

602,088

69,953

(a) Yealink Network Technology Corp Ltd

353,832

9,345

(a) Yifeng Pharmacy Chain Co Ltd

32,087

71,500

(a) Yihai Kerry Arawana Holdings Co Ltd

323,104

90,320

(a) Yintai Gold Co Ltd

276,081

553,100

(a) Yonghui Superstores Co Ltd

363,462

153,999

(a) Yonyou Network Technology Co Ltd

337,943

197,000

(a) Youngor Group Co Ltd

207,717

155,000

(a) YTO Express Group Co Ltd

372,702

323,445

(a) Yum China Holdings, Inc

13,992,231

186,500

(a) Yunnan Aluminium Co Ltd

602,414

95,860

(a) Yunnan Baiyao Group Co Ltd

763,695

100,300

(a) Yunnan Yuntianhua Co Ltd

405,534

76,600

(a) Zangge Mining Co Ltd

634,225

33,195

Zhangzhou Pientzehuang Pharmaceutical Co Ltd

831,112

1,494,141

(a) Zhaojin Mining Industry Co Ltd

5,563,491

277,800

(a) Zhejiang China Commodities City Group Co Ltd

720,079

119,716

(a) Zhejiang Chint Electrics Co Ltd

482,704

180,800

(a) Zhejiang Dahua Technology Co Ltd

519,926

1,607,971

(a) Zhejiang Expressway Co Ltd

1,569,712

107,128

(a) Zhejiang Huayou Cobalt Co Ltd

976,672

53,700

(a) Zhejiang Jingsheng Mechanical & Electrical Co Ltd

294,530

168,600

(a) Zhejiang Juhua Co Ltd

837,195

449,900

(a),(b)

Zhejiang Leapmotor Technologies Ltd

3,370,058

158,446

(a) Zhejiang Longsheng Group Co Ltd

234,606

134,164

(a) Zhejiang NHU Co Ltd

458,415

90,600

(a) Zhejiang Sanhua Intelligent Controls Co Ltd

636,208

35,967

(a) Zhejiang Supcon Technology Co Ltd

264,508

137,400

(a) Zhejiang Wanfeng Auto Wheel Co Ltd

328,520

58,370

(a) Zhejiang Weiming Environment Protection Co Ltd

177,602

745,100

(a) Zhejiang Zheneng Electric Power Co Ltd

540,383

103,500

(a) Zhengzhou Yutong Bus Co Ltd

470,402

201,800

(a) Zheshang Securities Co Ltd

329,681

57,780

(a) Zhongji Innolight Co Ltd

3,815,595

260,100

(a) Zhongjin Gold Corp Ltd

807,897

301,900

(a) Zhongtai Securities Co Ltd

296,278

44,389

(a) Zhuzhou CRRC Times Electric Co Ltd

325,606

371,700

(a) Zhuzhou CSR Times Electric Co Ltd

1,889,025

4,989,299

(a) Zijin Mining Group Co Ltd

20,640,789

1,118,300

(a) Zijin Mining Group Co Ltd (Class A)

4,784,865

328,700

(a) Zoomlion Heavy Industry Science and Technology Co Ltd - A

377,446

208,400

(a) ZTE Corp

1,272,196

641,064

(a),(c)

ZTE Corp (Class H)

2,707,877

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

CHINA

(continued)

367,300

(a) ZTO Express Cayman, Inc

$

6,776,239

TOTAL CHINA

2,529,752,784

COLOMBIA - 0.1%

221,839

(a) Grupo Cibest S.A.

3,596,919

394,506

(a) Grupo Cibest S.A.

5,762,021

388,562

Interconexion Electrica S.A. ESP

2,520,073

TOTAL COLOMBIA

11,879,013

CZECH REPUBLIC - 0.1%

118,325

(a) CEZ AS

7,247,305

63,853

(a) Komercni Banka AS

3,266,471

228,603

(a),(b)

Moneta Money Bank AS

1,935,010

TOTAL CZECH REPUBLIC

12,448,786

EGYPT - 0.1%

2,026,196

Commercial International Bank

4,524,533

1,198,282

(a) Eastern Tobacco

1,141,209

421,899

(a) Talaat Moustafa Group

513,652

TOTAL EGYPT

6,179,394

GREECE - 0.5%

1,911,979

(a) Alpha Bank S.A.

7,495,357

2,253,043

(a) Eurobank Ergasias Services and Holdings S.A.

8,475,054

12,741

(a),(d)

FF Group

143,437

Hellenic Telecommunications Organization S.A.

2,693,574

101,304

(a) JUMBO S.A.

3,215,793

745,669

(a) National Bank of Greece S.A.

10,960,228

160,929

(a) OPAP S.A.

3,329,632

990,575

(a) Piraeus Financial Holdings S.A.

7,736,599

161,423

(a) Public Power Corp

2,803,458

TOTAL GREECE

46,709,842

HONG KONG - 0.2%

2,103,200

(a) J&T Global Express Ltd

2,698,666

114,406

(a) Orient Overseas International Ltd

1,979,902

8,992,331

Sino Biopharmaceutical Ltd

8,191,400

TOTAL HONG KONG

12,869,968

HUNGARY - 0.3%

340,570

(a) MOL Hungarian Oil & Gas plc

2,995,930

196,929

(a) OTP Bank Rt

18,797,938

120,751

Richter Gedeon Rt

3,719,619

TOTAL HUNGARY

25,513,487

INDIA - 15.3%

47,999

ABB Ltd India

2,821,232

141,621

(a) Adani Enterprises Ltd

3,953,739

458,304

(a) Adani Ports & Special Economic Zone Ltd

7,495,144

2,425,840

(a) Adani Power Ltd

4,308,482

38,599

(a) Alkem Laboratories Ltd

2,392,152

515,373

(a) Ambuja Cements Ltd

3,277,251

161,827

APL Apollo Tubes Ltd

3,263,996

87,103

(a) Apollo Hospitals Enterprise Ltd

7,538,040

2,619,399

(a) Ashok Leyland Ltd

4,171,364

289,140

Asian Paints Ltd

8,183,307

99,763

(a) Astral Ltd

1,628,758

299,493

(a),(b)

AU Small Finance Bank Ltd

2,959,094

222,174

(a) Aurobindo Pharma Ltd

2,850,014

142,118

(a),(b)

Avenue Supermarts Ltd

6,645,055

1,993,667

Axis Bank Ltd

27,667,124

59,960

(a) Bajaj Auto Ltd

6,003,196

2,429,341

(a) Bajaj Finance Ltd

28,531,646

333,807

(a) Bajaj Finserv Ltd

7,845,484

24,065

(a) Bajaj Holdings & Investment Ltd

3,334,824

63,587

(a) Balkrishna Industries Ltd

1,631,390

844,512

(a) Bank of Baroda

2,646,575

3,206,592

Bharat Electronics Ltd

15,376,301

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

INDIA

(continued)

232,960

(a) Bharat Forge Ltd

$

3,473,541

894,498

(a) Bharat Heavy Electricals Ltd

2,672,302

1,332,517

(a) Bharat Petroleum Corp Ltd

5,345,662

2,238,075

Bharti Airtel Ltd

51,825,273

6,341

(a) Bosch Ltd

2,657,109

93,475

(a) Britannia Industries Ltd

6,145,760

170,982

(a) BSE Ltd

4,776,493

226,693

(a) Cadila Healthcare Ltd

2,490,373

1,580,136

(a) Canara Bank

2,436,488

620,759

(a) CG Power & Industrial Solutions Ltd

5,146,775

364,334

(a) Cholamandalam Investment and Finance Co Ltd

6,962,435

493,402

Cipla Ltd

8,343,342

1,576,868

(a) Coal India Ltd

6,898,035

112,612

(a) Colgate-Palmolive India Ltd

2,844,692

244,615

(a) Container Corp Of India Ltd

1,502,042

105,430

(a) Coromandel International Ltd

2,521,106

121,557

(a) Cummins India Ltd

5,942,837

463,631

(a) Dabur India Ltd

2,545,272

104,059

(a) Divi's Laboratories Ltd

7,900,036

30,555

(a) Dixon Technologies India Ltd

5,328,762

653,605

(a) DLF Ltd

5,564,003

507,563

(a) Dr Reddy's Laboratories Ltd

6,829,388

119,245

Eicher Motors Ltd

9,403,948

1,023,138

(a) FSN E-Commerce Ventures Ltd

2,855,183

2,038,893

(a) GAIL India Ltd

4,194,649

2,358,867

(a) GMR Infrastructure Ltd

2,492,963

354,849

(a) Godrej Consumer Products Ltd

4,469,128

126,002

(a) Godrej Properties Ltd

3,244,309

237,102

(a) Grasim Industries Ltd

7,717,271

199,193

Havells India Ltd

3,352,149

818,227

HCL Technologies Ltd

14,197,170

84,663

(a),(b)

HDFC Asset Management Co Ltd

5,128,244

9,893,521

HDFC Bank Ltd

110,004,489

841,932

(a),(b)

HDFC Life Insurance Co Ltd

6,934,870

104,891

Hero Honda Motors Ltd

6,547,328

1,184,574

(a) Hindalco Industries Ltd

11,298,242

174,659

(a) Hindustan Aeronautics Ltd

9,200,849

711,896

Hindustan Lever Ltd

19,770,949

812,258

(a) Hindustan Petroleum Corp Ltd

4,345,480

11,246

(a) Hitachi Energy India Ltd

2,250,285

143,516

(a) Hyundai Motor India Ltd

3,940,575

4,606,430

(a) ICICI Bank Ltd

69,799,554

223,087

(a),(b)

ICICI Lombard General Insurance Co Ltd

5,008,609

339,503

(b) ICICI Prudential Life Insurance Co Ltd

2,259,402

3,179,282

(a) IDFC First Bank Ltd

2,927,380

751,010

Indian Hotels Co Ltd

6,270,959

2,509,304

(a) Indian Oil Corp Ltd

4,682,667

196,710

(a) Indian Railway Catering & Tourism Corp Ltd

1,591,830

1,136,671

(a) Indus Towers Ltd

4,657,986

506,710

(a) IndusInd Bank Ltd

4,536,407

315,492

(a) Info Edge India Ltd

4,895,068

2,897,444

Infosys Technologies Ltd

48,277,472

166,228

(a),(b)

InterGlobe Aviation Ltd

10,531,981

2,569,786

(a) ITC Ltd

12,164,154

291,879

(a) Jindal Stainless Ltd

2,476,758

307,140

(a) Jindal Steel & Power Ltd

3,687,490

356,707

(a) JSW Energy Ltd

2,118,157

539,055

(a) JSW Steel Ltd

7,319,776

300,271

(a) Jubilant Foodworks Ltd

2,021,027

362,875

(a) Kalyan Jewellers India Ltd

2,081,284

948,380

Kotak Mahindra Bank Ltd

22,465,972

585,232

(a) Larsen & Toubro Ltd

26,554,572

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

INDIA

(continued)

65,003

(a),(b)

LTIMindtree Ltd

$

4,158,042

197,836

(a) Lupin Ltd

4,379,624

255,638

(b) Macrotech Developers Ltd

3,453,223

810,693

Mahindra & Mahindra Ltd

31,834,342

105,384

(a) Mankind Pharma Ltd

2,828,789

437,671

(a) Marico Ltd

3,547,847

108,862

(a) Maruti Suzuki India Ltd

19,825,463

685,201

(a) Max Healthcare Institute Ltd

8,859,554

94,055

(a) Mphasis Ltd

2,923,504

2,066

(a) MRF Ltd

3,664,149

101,057

(a) Muthoot Finance Ltd

3,620,887

589,403

(a) Nestle India Ltd

8,447,623

2,625,013

(a) NHPC Ltd

2,506,004

2,919,507

(a) NMDC Ltd

2,490,613

3,751,697

(a) NTPC Ltd

14,230,161

116,652

(a) Oberoi Realty Ltd

2,335,488

2,727,258

(a) Oil & Natural Gas Corp Ltd

7,848,358

436,602

(a) Oil India Ltd

2,131,906

19,313

(a) Oracle Financial Services Software Ltd

1,850,938

5,687

(a) Page Industries Ltd

2,638,085

299,498

(a) PB Fintech Ltd

6,012,097

95,067

(a) Persistent Systems Ltd

6,326,530

722,367

(a) Petronet LNG Ltd

2,287,343

174,773

Phoenix Mills Ltd

3,312,458

72,217

PI Industries Ltd

2,909,723

280,942

Pidilite Industries Ltd

4,572,343

45,628

(a) Polycab India Ltd

3,957,677

1,310,190

(a) Power Finance Corp Ltd

5,949,058

4,085,118

Power Grid Corp of India Ltd

13,254,099

144,975

(a) Prestige Estates Projects Ltd

2,847,291

2,012,221

(a) Punjab National Bank

2,783,769

407,328

(a) Rail Vikas Nigam Ltd

1,506,342

1,130,981

(a) REC Ltd

4,772,772

5,309,869

(a) Reliance Industries Ltd

88,849,193

2,464,827

(a) Reliance Strategic Investments Ltd

8,518,999

4,259,565

(a) Samvardhana Motherson International Ltd

5,051,789

235,930

(a) SBI Cards & Payment Services Ltd

2,335,214

393,356

(a),(b)

SBI Life Insurance Co Ltd

8,654,648

7,950

(a) Shree Cement Ltd

2,533,364

1,237,453

(a) Shriram Finance Ltd

10,435,441

76,166

(a) Siemens India Ltd

2,653,596

23,769

(a) Solar Industries India Ltd

3,713,686

126,974

(a) SRF Ltd

4,191,013

1,542,753

(a) State Bank of India

16,287,548

828,557

(a) Sun Pharmaceutical Industries Ltd

15,794,646

60,508

(a) Sundaram Finance Ltd

3,134,442

60,136

Supreme Industries Ltd

2,578,657

8,568,886

(a) Suzlon Energy Ltd

5,722,079

741,284

(a) Swiggy Ltd

3,419,359

110,851

(a) Tata Communications Ltd

2,340,934

785,547

(a) Tata Consultancy Services Ltd

27,035,941

518,354

Tata Consumer Products Ltd

6,800,061

30,651

(a) Tata Elxsi Ltd

1,882,620

1,719,673

(a) Tata Motors Ltd

7,937,205

1,394,683

(a) Tata Power Co Ltd

6,356,508

6,441,096

(a) Tata Steel Ltd

13,255,877

469,779

(a) Tech Mahindra Ltd

7,529,982

309,705

(a) Titan Co Ltd

13,068,880

1,777,411

(a),(d)

TML Commercial Vehicles Ltd

5,220,834

107,532

(a) Torrent Pharmaceuticals Ltd

4,312,390

142,915

(a) Torrent Power Ltd

2,117,344

158,252

Trent Ltd

8,359,229

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

INDIA

(continued)

90,232

(a) Tube Investments of India Ltd

$

3,069,484

207,570

(a) TVS Motor Co Ltd

8,197,925

103,401

(a) Ultra Tech Cement Ltd

13,904,377

1,331,212

Union Bank of India

2,228,880

243,094

(a) United Spirits Ltd

3,919,791

372,851

(a) UPL Ltd

3,023,907

1,176,834

(a) Varun Beverages Ltd

6,218,850

1,152,893

(a) Vedanta Ltd

6,400,331

1,760,894

(a) Vishal Mega Mart Ltd

2,866,287

24,140,113

(a) Vodafone Idea Ltd

2,374,548

193,191

(a) Voltas Ltd

3,008,477

73,348

(a) WAAREE Energies Ltd

2,829,279

2,318,209

(a) Wipro Ltd

6,278,143

12,854,690

(a) Yes Bank Ltd

3,293,110

2,120,585

(a) Zomato Ltd

7,568,196

TOTAL INDIA

1,341,691,646

INDONESIA - 1.1%

12,722,900

(a) Amman Mineral Internasional PT

5,426,968

17,813,954

Astra International Tbk PT

6,586,946

48,721,429

(a) Bank Central Asia Tbk PT

24,944,963

13,147,518

(a) Bank Negara Indonesia Persero Tbk PT

3,455,618

59,851,250

Bank Rakyat Indonesia

14,317,632

21,452,103

(a) Barito Pacific Tbk PT

4,445,824

7,591,300

(a) Chandra Asri Pacific Tbk PT

3,171,289

6,419,100

(a) Charoen Pokphand Indonesia Tbk PT

1,801,397

786,432,776

(a) GoTo Gojek Tokopedia Tbk PT

2,825,236

2,207,641

(a) Indofood CBP Sukses Makmur Tbk PT

1,153,728

18,359,800

(a) Kalbe Farma Tbk PT

1,408,227

20,407,300

(a) Petrindo Jaya Kreasi Tbk PT

2,463,826

32,789,978

(a) PT Bank Mandiri Persero Tbk

9,289,844

866,100

(a) PT Dian Swastatika Sentosa Tbk

4,404,715

4,235,370

(a) PT Indofood Sukses Makmur Tbk

1,884,803

1,202,273

(a) PT United Tractors Tbk

1,943,928

17,690,600

(a) Sumber Alfaria Trijaya Tbk PT

2,136,174

43,514,883

Telkom Indonesia Persero Tbk PT

8,417,286

TOTAL INDONESIA

100,078,404

KOREA, REPUBLIC OF - 12.9%

35,105

(a) Alteogen, Inc

12,003,974

26,444

(a) Amorepacific Corp

2,239,742

141,747

(a) Celltrion, Inc

17,447,021

45,602

(a) Coway Co Ltd

2,851,483

47,215

(a) Daewoo International Corp

1,818,824

105,384

(a) Daewoo Shipbuilding & Marine Engineering Co Ltd

10,177,812

39,587

(a) Dongbu Insurance Co Ltd

3,518,639

43,175

Doosan Bobcat, Inc

1,822,552

6,295

(a) Doosan Corp

4,159,512

388,739

(a) Doosan Heavy Industries and Construction Co Ltd

24,059,456

42,941

(a) Ecopro BM Co Ltd

4,804,763

86,312

(a) Ecopro Co Ltd

5,315,252

249,726

(a) Hana Financial Group, Inc

14,960,728

17,865

(a) Hanjin Kal Corp

1,311,198

60,913

(a) Hankook Tire & Technology Co Ltd

1,977,694

36,564

(a) Hanmi Semiconductor Co Ltd

3,656,491

67,608

(a) Hanwha Systems Co Ltd

2,842,407

37,490

(a) HD Hyundai Co Ltd

5,384,805

20,112

HD Hyundai Electric Co Ltd

12,218,967

19,432

(a) HD Hyundai Heavy Industries Co Ltd

8,183,330

101,401

(a) HLB, Inc

3,451,270

200,813

(a) HMM Co Ltd

2,891,455

20,606

(a) HYBE Co Ltd

4,922,307

475,693

Hynix Semiconductor, Inc

185,089,019

4,790

(a) Hyosung Heavy Industries Corp

7,144,952

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

KOREA, REPUBLIC OF

(continued)

32,454

(a) Hyundai Glovis Co Ltd

$

4,289,254

37,229

(a) Hyundai Heavy Industries

12,374,195

52,200

(a) Hyundai Mobis

11,543,375

116,725

Hyundai Motor Co

23,670,585

30,931

(a) Hyundai Motor Co Ltd (2nd Preference)

4,765,700

18,773

Hyundai Motor Co Ltd (Preference)

2,853,592

66,969

(a) Hyundai Rotem Co Ltd

10,834,430

236,631

(a) Industrial Bank of Korea

3,206,814

270,474

Kakao Corp

12,326,773

140,251

(a) KakaoBank Corp

2,273,294

314,338

KB Financial Group, Inc

25,660,538

209,302

(a) Kia Motors Corp

17,555,955

62,921

(a) Korea Aerospace Industries Ltd

4,558,752

221,061

(a) Korea Electric Power Corp

6,617,246

36,997

(a) Korea Investment Holdings Co Ltd

4,716,965

3,444

Korea Zinc Co Ltd

2,494,699

147,756

(a) Korean Air Lines Co Ltd

2,292,912

24,686

(a),(b)

Krafton, Inc

4,777,914

86,071

(a) KT&G Corp

8,100,297

43,332

(a) LG Chem Ltd

12,052,716

75,854

(a) LG Corp

4,266,096

263,913

(a) LG Display Co Ltd

2,698,151

93,637

LG Electronics, Inc

5,743,059

41,049

(a) LG Energy Solution Ltd

13,589,143

8,690

(a) LG Household & Health Care Ltd

1,732,630

175,253

(a) LG Telecom Ltd

1,874,614

11,430

(a) LIG Nex1 Co Ltd

4,163,657

13,279

(a) LS Electric Co Ltd

4,030,968

71,174

(a) Meritz Financial Group, Inc

5,515,560

204,405

(a) Mirae Asset Daewoo Co Ltd

3,758,225

123,493

(a) Naver Corp

23,144,584

20,789

(a) Orion Corp/Republic of Korea

1,447,641

63,890

POSCO

13,895,709

29,484

POSCO Future M Co Ltd

4,467,315

15,618

(a),(b),(d)

Samsung Biologics Co Ltd

13,384,508

74,304

(a) Samsung C&T Corp

11,758,700

48,185

(a) Samsung Electro-Mechanics Co Ltd

8,259,899

4,125,910

Samsung Electronics Co Ltd

310,582,751

710,797

Samsung Electronics Co Ltd (Preference)

41,947,654

25,535

(a) Samsung Fire & Marine Insurance Co Ltd

7,903,192

617,377

(a) Samsung Heavy Industries Co Ltd

12,804,696

69,197

Samsung Life Insurance Co Ltd

7,478,067

56,453

(a) Samsung SDI Co Ltd

12,720,066

36,028

(a) Samsung SDS Co Ltd

4,621,156

28,890

(a) Samsung Techwin Co Ltd

19,816,362

3,412

(a) Samyang Foods Co Ltd

3,222,159

377,971

Shinhan Financial Group Co Ltd

19,413,546

28,302

(a) SK Biopharmaceuticals Co Ltd

2,288,414

60,229

(a) SK Innovation Co Ltd

5,438,985

80,547

(a) SK Square Co Ltd

14,620,543

43,287

SK Telecom Co Ltd

1,584,818

31,874

(a) SK, Inc

5,535,009

41,250

S-Oil Corp

2,076,283

587,141

(a) Woori Financial Group, Inc

10,452,106

126,346

(a) Woori Investment & Securities Co Ltd

1,801,203

47,637

(a) Yuhan Corp

3,941,046

TOTAL KOREA, REPUBLIC OF

1,133,198,174

KUWAIT - 0.7%

1,321,044

(a) Boubyan Bank KSCP

3,083,513

1,579,685

(a) Gulf Bank KSCP

1,807,561

9,762,209

(a) Kuwait Finance House KSCP

25,555,188

585,117

(a) Mabanee Co SAK

1,920,824

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

KUWAIT

(continued)

1,611,093

Mobile Telecommunications Co KSCP

$

2,784,310

7,303,492

(a) National Bank of Kuwait SAKP

25,012,609

2,041,878

(a) Warba Bank KSCP

1,929,583

TOTAL KUWAIT

62,093,588

LUXEMBOURG - 0.0%

120,427

(a) Reinet Investments S.C.A

3,851,511

TOTAL LUXEMBOURG

3,851,511

MALAYSIA - 1.1%

1,994,433

(a) AMMB Holdings BHD

2,712,871

2,716,074

(a) Axiata Group Bhd

1,628,727

6,993,752

(a) Bumiputra-Commerce Holdings BHD

12,171,241

3,118,839

(a) Digi.Com BHD

2,680,950

4,059,058

(a) Gamuda BHD

4,874,968

539,187

(a) Hong Leong Bank BHD

2,645,871

1,848,670

IHH Healthcare Bhd

3,639,860

2,349,400

(a) IOI Corp BHD

2,254,676

385,339

(a) Kuala Lumpur Kepong BHD

1,884,641

5,176,149

Malayan Banking BHD

12,199,060

2,260,300

(a) Maxis Bhd

2,051,075

1,091,400

(a) MISC Bhd

2,029,700

3,042,587

(a),(b)

MR DIY Group M Bhd

1,160,730

59,800

(a) Nestle Malaysia Bhd

1,613,324

1,940,500

(a) Petronas Chemicals Group Bhd

1,804,969

220,600

(a) Petronas Dagangan BHD

1,194,438

671,200

(a) Petronas Gas BHD

2,964,947

3,164,324

Press Metal Aluminium Holdings Bhd

4,779,912

12,488,215

Public Bank Bhd

12,572,096

1,286,575

(a) QL Resources Bhd

1,274,461

1,413,214

(a) RHB Capital BHD

2,284,701

1,704,165

(a) Sime Darby Plantation Bhd

2,148,518

2,173,700

(a) Sunway BHD

2,802,115

1,018,951

(a) Telekom Malaysia BHD

1,775,774

2,277,358

Tenaga Nasional BHD

7,215,240

2,332,600

(a) YTL Corp BHD

1,444,967

2,418,900

(a) YTL Power International BHD

2,299,207

TOTAL MALAYSIA

98,109,039

MEXICO - 2.0%

3,339,000

(a),(c)

Alfa S.A. de C.V. (Class A)

2,517,931

15,929,641

(a) America Movil SAB de C.V.

18,168,802

434,457

(a),(c)

Arca Continental SAB de C.V.

4,207,885

13,295,897

Cemex S.A. de C.V.

13,511,669

447,710

(a) Coca-Cola Femsa SAB de C.V.

3,851,870

2,480,400

(a) Fibra Uno Administracion S.A. de C.V.

3,599,407

1,524,077

(a),(c)

Fomento Economico Mexicano S.A. de C.V.

14,377,357

139,535

(a) Gruma SAB de C.V.

2,368,006

243,900

(a) Grupo Aeroportuario del Centro Norte Sab de C.V.

3,005,542

342,235

(a) Grupo Aeroportuario del Pacifico S.A. de C.V. (B Shares)

7,133,910

159,796

(a) Grupo Aeroportuario del Sureste S.A. de C.V. (Class B)

4,833,746

1,137,589

(a),(c)

Grupo Bimbo S.A. de C.V. (Series A)

3,931,061

487,452

(a),(c)

Grupo Carso S.A. de C.V. (Series A1)

3,483,805

280,800

(a),(c)

Grupo Comercial Chedraui S.a. DE C.V.

2,036,040

2,192,528

Grupo Financiero Banorte S.A. de C.V.

20,634,794

1,578,044

(a) Grupo Financiero Inbursa S.A.

3,832,459

2,703,832

(a) Grupo Mexico S.A. de C.V. (Series B)

23,375,918

173,104

(a) Industrias Penoles S.A. de C.V.

7,165,948

1,303,495

(a) Kimberly-Clark de Mexico S.A. de C.V. (Class A)

2,523,007

921,957

(a) ProLogis Property Mexico S.A. de C.V.

3,681,675

171,920

(a) Promotora y Operadora de Infraestructura SAB de C.V.

2,226,535

160,100

(a),(c)

Qualitas Controladora SAB de C.V.

1,451,788

76,926

Southern Copper Corp

10,677,329

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

MEXICO

(continued)

4,514,389

(c) Wal-Mart de Mexico SAB de C.V.

$

14,924,443

TOTAL MEXICO

177,520,927

PERU - 0.2%

147,622

(a) Cia de Minas Buenaventura S.A. (ADR) (Series B)

3,361,353

59,314

Credicorp Ltd

15,480,954

TOTAL PERU

18,842,307

PHILIPPINES - 0.4%

204,973

Ayala Corp

1,630,032

5,774,293

Ayala Land, Inc

1,950,526

1,895,523

(a) Bank of the Philippine Islands

3,394,870

2,074,497

(a) BDO Unibank, Inc

4,705,953

883,853

International Container Term Services, Inc

7,971,810

453,330

(a) Jollibee Foods Corp

1,668,501

245,261

Manila Electric Co

2,438,024

1,456,060

(a) Metropolitan Bank & Trust

1,707,190

65,895

(a) PLDT, Inc

1,252,360

184,155

SM Investments Corp

2,281,206

8,929,468

(a) SM Prime Holdings

3,398,812

TOTAL PHILIPPINES

32,399,284

POLAND - 1.0%

584,554

(a),(b)

Allegro.eu S.A.

5,458,467

542,333

(a) Bank Millennium S.A.

2,270,077

159,289

(a) Bank Pekao S.A.

8,155,879

35,015

(a) Bank Zachodni WBK S.A.

4,611,348

12,409

(a) BRE Bank S.A.

3,304,382

9,804

(a) Budimex S.A.

1,556,480

47,951

(a) CCC S.A.

1,962,609

56,015

CD Projekt S.A.

3,848,651

426,570

(a),(b)

Dino Polska S.A.

5,095,083

123,093

(a) KGHM Polska Miedz S.A.

6,456,615

981

LPP S.A.

4,761,950

789,784

(a) PGE Polska Grupa Energetyczna S.A.

2,394,841

509,894

(a) Polski Koncern Naftowy Orlen S.A.

13,820,091

755,893

Powszechna Kasa Oszczednosci Bank Polski S.A.

15,498,272

526,232

(a) Powszechny Zaklad Ubezpieczen S.A.

8,414,014

258,540

(a) Zabka Group S.A.

1,502,055

TOTAL POLAND

89,110,814

QATAR - 0.7%

1,945,694

(a) Barwa Real Estate Co

1,405,119

2,723,553

(a) Commercial Bank PSQC

3,096,817

1,403,975

Dukhan Bank

1,340,736

1,305,372

(a) Industries Qatar QSC

4,553,206

5,368,977

(a) Masraf Al Rayan QSC

3,451,466

4,931,512

(a) Mesaieed Petrochemical Holding Co

1,691,186

724,846

Ooredoo QPSC

2,697,518

386,003

(a) Qatar Electricity & Water Co QSC

1,628,401

507,803

Qatar Fuel QSC

2,092,020

2,507,049

(a) Qatar Gas Transport Co Ltd

3,048,946

808,007

(a) Qatar International Islamic Bank QSC

2,473,476

1,556,306

(a) Qatar Islamic Bank SAQ

10,492,109

4,053,527

(a) Qatar National Bank QPSC

20,616,194

TOTAL QATAR

58,587,194

ROMANIA - 0.1%

514,865

(a) NEPI Rockcastle NV

4,169,404

TOTAL ROMANIA

4,169,404

RUSSIA - 0.0%

35,937

(a),(c),(d)

Ozon Holdings plc (ADR)

911,463

(a),(d)

VTB Bank PJSC (GDR) Equiduct

9,115

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

RUSSIA

(continued)

281,650

(a),(d)

VTB Bank PJSC (GDR) Tradegate

$

2,816

TOTAL RUSSIA

12,290

SAUDI ARABIA - 3.2%

134,587

(a) ACWA Power Co

8,694,461

260,381

(a) Ades Holding Co

1,176,652

1,719,120

Al Rajhi Bank

48,589,409

35,830

(a) Al Rajhi Co for Co-operative Insurance

1,126,406

1,093,738

(a) Alinma Bank

7,573,187

419,879

Almarai Co JSC

5,566,842

768,581

(a) Arab National Bank

4,970,810

21,744

(a) Arabian Internet & Communications Services Co

1,460,390

650,933

(a) Bank AlBilad

5,143,406

564,181

(a) Bank Al-Jazira

1,897,374

1,045,921

Banque Saudi Fransi

4,977,585

73,102

(a) Bupa Arabia for Cooperative Insurance Co

3,200,536

67,486

(a) Co for Cooperative Insurance

2,450,895

32,898

(a) Dallah Healthcare Co

1,351,006

469,674

(a) Dar Al Arkan Real Estate Development Co

2,163,045

75,399

Dr Sulaiman Al Habib Medical Services Group Co

5,472,524

21,139

(a) Elm Co

5,347,706

328,126

(a) Etihad Etisalat Co

5,919,874

515,608

(a) Jabal Omar Development Co

2,428,824

513,102

Jarir Marketing Co

1,943,310

87,382

(a) Makkah Construction & Development Co

2,074,865

88,956

(a) Mouwasat Medical Services Co

1,823,313

27,473

(a) Nahdi Medical Co

850,480

1,288,705

(a) Riyad Bank

9,357,700

204,946

SABIC Agri-Nutrients Co

6,691,484

283,844

Sahara International Petrochemical Co

1,430,547

32,100

(a) SAL Saudi Logistics Services

1,507,389

1,194,013

(a) Saudi Arabian Mining Co

20,527,177

5,309,145

(b) Saudi Arabian Oil Co

36,683,491

46,871

(a) Saudi Aramco Base Oil Co

1,204,463

876,694

(a) Saudi Awwal Bank

7,564,528

784,917

Saudi Basic Industries Corp

12,777,427

684,994

(a) Saudi Electricity Co

2,927,887

535,803

(a) Saudi Investment Bank

1,963,898

2,580,265

(a) Saudi National Bank

27,455,458

29,187

(a) Saudi Research & Media Group

1,338,039

41,528

(a) Saudi Tadawul Group Holding Co

2,203,576

1,758,826

Saudi Telecom Co

21,187,920

246,641

Yanbu National Petrochemical Co

2,267,870

TOTAL SAUDI ARABIA

283,291,754

SOUTH AFRICA - 2.9%

740,770

(a) Absa Group Ltd

8,277,277

232,662

Anglo American Platinum Ltd

14,389,960

288,658

(a) Bid Corp Ltd

7,140,737

281,988

Bidvest Group Ltd

3,659,216

75,264

Capitec Bank Holdings Ltd

16,651,967

202,781

(a) Clicks Group Ltd

4,275,634

469,184

(a) Discovery Ltd

5,893,790

185,656

(a) E Media Holdings Ltd

20,988

4,432,148

FirstRand Ltd

21,034,513

777,548

Gold Fields Ltd

29,979,202

492,748

(a) Harmony Gold Mining Co Ltd

8,198,621

787,170

(a) Impala Platinum Holdings Ltd

8,436,090

1,507,738

(a) MTN Group Ltd

15,063,074

680,748

(a) Naspers Ltd

47,813,023

399,089

(a) Nedbank Group Ltd

5,436,127

3,747,468

(a) Old Mutual Ltd

2,930,348

710,752

(a) OUTsurance Group Ltd

2,992,640

3,040,440

(b) Pepkor Holdings Ltd

4,635,818

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

SOUTH AFRICA

(continued)

442,414

(a) Remgro Ltd

$

4,388,005

1,548,076

Sanlam Ltd

8,122,767

495,588

(a) Sasol Ltd

3,100,684

439,843

(a) Shoprite Holdings Ltd

7,358,412

2,459,681

(a) Sibanye Stillwater Ltd

6,527,254

1,138,955

Standard Bank Group Ltd

16,748,150

542,626

(a) Vodacom Group Ltd

4,392,695

TOTAL SOUTH AFRICA

257,466,992

TAIWAN - 20.3%

434,344

(a) Accton Technology Corp

15,105,049

2,590,380

Acer, Inc

2,523,873

416,665

(a) Advantech Co Ltd

4,232,223

67,000

(a) Alchip Technologies Ltd

7,548,148

2,908,011

(a) ASE Technology Holding Co Ltd

23,266,301

1,927,512

(a) Asia Cement Corp

2,271,853

283,000

Asia Vital Components Co Ltd

12,955,923

606,500

(a) Asustek Computer, Inc

13,701,743

5,475,800

(a) AU Optronics Corp

2,153,328

886,000

(a) Caliway Biopharmaceuticals Co Ltd

4,297,981

469,389

(a) Catcher Technology Co Ltd

3,026,735

8,367,889

Cathay Financial Holding Co Ltd

17,365,811

1,324,151

(a) Chailease Holding Co Ltd

4,426,071

5,771,730

(a) Chang Hwa Commercial Bank

3,711,999

1,580,922

(a) Cheng Shin Rubber Industry Co Ltd

1,638,912

2,752,035

(a) China Airlines

1,784,167

14,200,270

(a) China Development Financial Holding Corp

7,325,088

10,394,151

(a) China Steel Corp

6,271,871

14,466,611

Chinatrust Financial Holding Co

19,646,847

3,272,763

Chunghwa Telecom Co Ltd

13,945,092

3,696,000

(a) Compal Electronics, Inc

3,949,369

1,697,768

(a) Delta Electronics, Inc

54,606,783

747,000

E Ink Holdings, Inc

5,131,826

12,788,430

(a) E.Sun Financial Holding Co Ltd

12,352,926

165,316

(a) Eclat Textile Co Ltd

2,197,134

258,000

(a) Elite Material Co Ltd

11,335,407

54,000

(a) eMemory Technology, Inc

3,477,487

2,234,803

(a) Eva Airways Corp

2,623,360

937,192

(a) Evergreen Marine Corp Taiwan Ltd

5,879,116

2,724,071

(a) Far Eastern Textile Co Ltd

2,344,172

1,572,589

(a) Far EasTone Telecommunications Co Ltd

4,722,719

377,014

(a) Feng TAY Enterprise Co Ltd

1,492,279

10,140,505

First Financial Holding Co Ltd

9,405,933

3,254,173

(a) Formosa Chemicals & Fibre Corp

3,079,238

3,268,813

(a) Formosa Plastics Corp

4,039,422

132,230

(a) Fortune Electric Co Ltd

3,057,214

7,288,880

Fubon Financial Holding Co Ltd

21,571,923

9,353,858

Fuhwa Financial Holdings Co Ltd

10,472,996

477,000

(a) Gigabyte Technology Co Ltd

4,324,167

74,000

(a) Global Unichip Corp

3,658,555

224,535

(a) Globalwafers Co Ltd

3,691,572

10,895,002

Hon Hai Precision Industry Co, Ltd

90,617,888

264,540

Hotai Motor Co Ltd

4,849,923

7,979,783

(a) Hua Nan Financial Holdings Co Ltd

7,571,029

6,685,488

(a) InnoLux Display Corp

2,879,339

195,000

International Games System Co Ltd

4,556,590

2,282,340

(a) Inventec Co Ltd

3,387,337

75,000

(a) Jentech Precision Industrial Co Ltd

5,142,468

50,000

(a) King Slide Works Co Ltd

6,633,089

87,125

(a) Largan Precision Co Ltd

6,253,326

1,840,778

(a) Lite-On Technology Corp

10,679,248

75,000

(a) Lotes Co Ltd

3,343,928

1,326,464

MediaTek, Inc

56,254,573

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

TAIWAN

(continued)

10,420,856

(a) Mega Financial Holding Co Ltd

$

13,700,244

649,000

(a) Micro-Star International Co Ltd

2,300,646

4,435,271

(a) Nan Ya Plastics Corp

5,968,112

145,000

(a) Nien Made Enterprise Co Ltd

1,737,074

515,474

(a) Novatek Microelectronics Corp Ltd

6,567,723

1,704,000

(a) Pegatron Corp

4,099,463

252,692

(a) PharmaEssentia Corp

4,082,482

488,000

(a) President Chain Store Corp

3,779,061

2,343,000

(a) Quanta Computer, Inc

22,722,951

425,085

(a) Realtek Semiconductor Corp

7,098,349

3,406,599

(a) Shanghai Commercial & Savings Bank Ltd

4,385,335

10,794,888

(a) SinoPac Financial Holdings Co Ltd

8,985,589

1,096,522

(a) Synnex Technology International Corp

2,021,518

18,569,953

(a) Taishin Financial Holdings Co Ltd

11,281,353

6,554,374

(a) Taiwan Business Bank

3,264,781

6,003,039

(a) Taiwan Cement Corp

4,307,033

9,718,242

(a) Taiwan Cooperative Financial Holding Co Ltd

7,510,702

1,770,561

(a) Taiwan High Speed Rail Corp

1,573,739

1,544,861

(a) Taiwan Mobile Co Ltd

5,497,936

21,463,183

Taiwan Semiconductor Manufacturing Co Ltd

1,037,952,366

1,119,000

(a) Unimicron Technology Corp

5,897,733

4,238,908

Uni-President Enterprises Corp

10,830,070

9,923,103

United Microelectronics Corp

14,986,139

937,385

(a) Vanguard International Semiconductor Corp

2,934,457

60,000

Voltronic Power Technology Corp

2,350,548

556,460

(a) Wan Hai Lines Ltd

1,484,716

2,568,000

(a) Wistron Corp

12,445,348

97,000

(a) Wiwynn Corp

13,678,897

1,406,660

(a) WPG Holdings Ltd

2,751,108

1,449,656

(a) Yageo Corp

11,668,081

1,475,000

(a) Yang Ming Marine Transport

2,751,847

566,127

(a) Zhen Ding Technology Holding Ltd

2,989,441

TOTAL TAIWAN

1,786,386,193

THAILAND - 1.1%

923,700

(a) Advanced Info Service PCL

8,627,104

3,964,556

(a) Airports of Thailand PCL

5,056,288

9,910,799

(a) Bangkok Dusit Medical Services PCL

5,783,432

541,500

(a) Bumrungrad Hospital PCL

2,874,253

1,895,199

(a) Central Pattana PCL

3,143,081

3,372,580

(a) Charoen Pokphand Foods PCL

2,198,179

4,901,830

(a) CP ALL plc

6,973,378

1,688,776

(a) CP AXTRA PCL

1,022,895

2,885,400

(a) Delta Electronics Thailand PCL

19,299,886

4,159,702

(a) Gulf Development PCL

5,681,707

534,600

(a) Kasikornbank PCL (Foreign)

3,083,436

3,203,298

(a) Krung Thai Bank PCL

2,674,781

3,133,278

(a) Minor International PCL

2,228,081

1,321,141

(a) PTT Exploration & Production PCL

4,377,730

9,139,832

(a) PTT PCL

8,621,150

758,401

(a) SCB X PCL

3,072,538

718,560

(a) Siam Cement PCL

4,533,534

19,649,400

(a) TMB Bank PCL (Foreign)

1,120,675

8,600,840

(a) True Corp PCL

3,032,305

TOTAL THAILAND

93,404,433

TURKEY - 0.4%

2,652,399

(a) Akbank TAS

3,829,759

1,167,134

(a) Aselsan Elektronik Sanayi Ve Ticaret AS

5,642,555

390,039

(a) BIM Birlesik Magazalar AS

4,994,839

3,072,603

(a) Eregli Demir ve Celik Fabrikalari TAS

2,006,022

650,050

(a) Ford Otomotiv Sanayi AS

1,532,688

876,353

(a) Haci Omer Sabanci Holding AS

1,696,499

670,861

(a) KOC Holding AS

2,732,001

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

TURKEY

(continued)

474,637

(a) Turk Hava Yollari AO

$

3,286,697

1,071,700

(a) Turkcell Iletisim Hizmet AS

2,537,409

7,684,978

(a) Turkiye Is Bankasi (Series C)

2,306,672

847,224

Turkiye Petrol Rafinerileri AS

3,976,904

2,973,795

Yapi ve Kredi Bankasi

2,372,334

TOTAL TURKEY

36,914,379

UNITED ARAB EMIRATES - 1.5%

2,566,619

Abu Dhabi Commercial Bank PJSC

10,069,612

1,264,567

Abu Dhabi Islamic Bank PJSC

7,266,362

2,688,721

(a) Abu Dhabi National Oil Co for Distribution PJSC

2,627,999

2,741,467

(a) ADNOC Drilling Co PJSC

4,164,877

5,494,011

(a) Adnoc Gas plc

5,220,081

3,385,279

Aldar Properties PJSC

8,294,327

2,856,678

(a) Americana Restaurants International plc

1,625,521

5,316,702

(a) Dubai Electricity & Water Authority PJSC

4,022,440

2,505,385

(a) Dubai Islamic Bank PJSC

6,480,969

871,340

(a) Emaar Development PJSC

3,539,435

5,746,480

(a) Emaar Properties PJSC

22,236,829

1,630,664

(a) Emirates NBD Bank PJSC

12,475,438

3,009,638

(a) Emirates Telecommunications Group Co PJSC

15,890,232

3,827,025

(a) First Abu Dhabi Bank PJSC

18,166,912

3,015,815

(a) Multiply Group PJSC

2,450,429

1,605,173

(a) Salik Co PJSC

2,613,413

TOTAL UNITED ARAB EMIRATES

127,144,876

UNITED KINGDOM - 0.4%

441,410

(a) AngloGold Ashanti UK Ltd

30,264,745

88,339

(a) Metlen Energy & Metals plc

4,480,254

TOTAL UNITED KINGDOM

34,744,999

UNITED STATES - 0.1%

319,839

(a) JBS NV

4,225,073

64,260

(a) Legend Biotech Corp (ADR)

2,082,024

TOTAL UNITED STATES

6,307,097

TOTAL COMMON STOCKS

(Cost $5,254,052,766)

8,794,943,601

SHARES

DESCRIPTION

VALUE

PREFERRED STOCKS - 0.0%

INDIA - 0.0%

875,244

(a),(d)

TVS Motor Co Ltd

TOTAL INDIA

TOTAL PREFERRED STOCKS

(Cost $–)

SHARES

DESCRIPTION

VALUE

SHARES

DESCRIPTION

EXPIRATION

DATE

VALUE

RIGHTS/WARRANTS - 0.0%

CHINA - 0.0%

14,914

(d) Kangmei Pharmaceutical Co Ltd

12/31/28

TOTAL CHINA

MALAYSIA - 0.0%

646,380

(d) YTL Corp Bhd

12/31/99

152,797

483,780

(d) YTL Power International Bhd

12/31/99

160,105

TOTAL MALAYSIA

312,902

TOTAL RIGHTS/WARRANTS

(Cost $0)

312,923

TOTAL LONG-TERM INVESTMENTS

(Cost $5,254,052,766)

8,795,256,623

Emerging Markets Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

Investments in Derivatives

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.2%

18,622,039

(e) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(f)

$

18,622,039

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $18,622,039)

18,622,039

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 0.4%

GOVERNMENT AGENCY DEBT - 0.1%

$

5,000,000

Federal Farm Credit Discount Notes

.000

12/23/25

4,972,028

5,000,000

Federal Home Loan Bank (FHLB)

.000

11/28/25

4,984,989

3,250,000

Federal Home Loan Bank (FHLB)

.000

12/26/25

3,230,789

TOTAL GOVERNMENT AGENCY DEBT

13,187,806

REPURCHASE AGREEMENT - 0.3%

23,351,000

(g) Fixed Income Clearing Corporation

.150

11/03/25

23,351,000

TOTAL REPURCHASE AGREEMENT

23,351,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $36,538,681)

36,538,806

TOTAL INVESTMENTS - 100.7%

(Cost $5,309,213,486)

8,850,417,468

OTHER ASSETS & LIABILITIES, NET - (0.7)%

(59,163,745)

NET ASSETS - 100.0%

$

8,791,253,723

ADR

American Depositary Receipt

GDR

Global Depositary Receipt

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

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

which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $451,958,137 or 5.1% of Total

Investments.

(c) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $75,929,068.

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

(e) Investments made with cash collateral received from securities on loan.

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

(g) Agreement with Fixed Income Clearing Corporation, 4.150% dated 10/31/25 to be repurchased at $23,359,076 on 11/3/25, collateralized by Government Agency Securities, with coupon rate

3.750% and maturity date 10/31/32, valued at $23,818,108.

Futures Contracts - Long

Description

Number of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

ICE US MSCI Emerging Markets EM Index Futures

933

12/19/25

$

64,923,722

$

65,664,540

$

740,818

Portfolios of Investments October 31, 2025

International Equity Index

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 98.6%

COMMON STOCKS - 98.6%

AUSTRALIA - 6.8%

2,128,913

APA Group

$

12,786,108

922,916

(a) Aristocrat Leisure Ltd

38,185,766

4,902,220

Australia and New Zealand Banking Group

117,416,507

315,518

(a) Australian Stock Exchange Ltd

11,641,634

8,335,528

BHP Billiton Ltd

237,630,867

684,984

(a) BlueScope Steel Ltd

10,248,144

2,227,561

Brambles Ltd

36,196,899

616,725

carsales.com Ltd

14,400,172

108,160

(a) Cochlear Ltd

20,305,935

2,204,197

(a) Coles Group Ltd

31,790,148

2,748,579

Commonwealth Bank of Australia

308,404,287

872,842

Computershare Ltd

20,851,812

3,329,429

(a) Evolution Mining Ltd

23,560,918

2,765,586

Fortescue Metals Group Ltd

38,461,635

16,652,067

Glencore plc

79,772,805

3,336,958

Goodman Group

71,972,092

3,936,824

(a) Insurance Australia Group Ltd

20,238,575

3,575,191

(a) Lottery Corp Ltd

12,860,019

595,165

Macquarie Group Ltd

84,891,100

4,671,970

(a) Medibank Pvt Ltd

14,910,543

5,031,477

(a) National Australia Bank Ltd

143,447,683

2,237,499

(a) Northern Star Resources Ltd

36,079,297

2,817,376

(a) Origin Energy Ltd

22,577,943

91,488

(a) Pro Medicus Ltd

15,708,937

1,173,317

(a) Qantas Airways Ltd

7,816,802

2,454,877

(a) QBE Insurance Group Ltd

31,850,983

90,704

(a) REA Group Ltd

12,638,418

603,082

(a) Rio Tinto Ltd

52,363,350

1,853,071

(a) Rio Tinto plc

133,587,811

5,365,221

(a) Santos Ltd

22,159,087

8,581,236

Scentre Group

22,858,986

328,281

(a) SGH Ltd

10,401,717

7,545,345

(a) Sigma Healthcare Ltd

15,340,167

790,998

(a) Sonic Healthcare Ltd

10,947,886

7,098,918

(a) South32 Ltd

14,681,176

3,952,655

Stockland Trust Group

16,341,776

1,802,885

(a) Suncorp-Metway Ltd

23,143,459

6,606,457

(a) Telstra Corp Ltd

21,106,543

5,172,444

Transurban Group

48,940,067

6,534,678

Vicinity Ltd

10,795,729

563,180

(a) Washington H Soul Pattinson & Co Ltd

13,838,048

1,863,479

(a) Wesfarmers Ltd

102,278,824

5,621,449

(a) Westpac Banking Corp

142,247,754

323,165

WiseTech Global Ltd

14,575,380

3,114,787

(a) Woodside Energy Group Ltd

50,476,515

2,035,035

Woolworths Ltd

37,808,906

TOTAL AUSTRALIA

2,240,539,210

AUSTRIA - 0.3%

509,122

Erste Bank der Oesterreichischen Sparkassen AG.

52,739,369

740,172

(a) Mondi plc

8,273,526

232,907

(a) OMV AG.

12,750,756

116,330

Verbund AG.

8,978,371

TOTAL AUSTRIA

82,742,022

BELGIUM - 0.8%

240,563

Ageas S.A.

15,920,358

1,624,096

(a) Anheuser-Busch InBev S.A.

99,032,826

36,264

Dieteren S.A.

6,624,444

71,190

Elia Group S.A.

8,580,410

International Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

BELGIUM

(continued)

131,535

Groupe Bruxelles Lambert S.A.

$

11,560,681

377,389

KBC Groep NV

45,403,447

643

(a) Lotus Bakeries NV

5,609,952

24,115

(a) Sofina S.A.

6,628,121

123,058

Syensqo S.A.

10,157,981

208,776

UCB S.A.

53,685,070

TOTAL BELGIUM

263,203,290

BRAZIL - 0.0%

276,128

(a) Yara International ASA

10,059,922

TOTAL BRAZIL

10,059,922

CHILE - 0.1%

645,165

Antofagasta plc

23,679,078

TOTAL CHILE

23,679,078

CHINA - 0.6%

6,104,584

BOC Hong Kong Holdings Ltd

29,996,203

2,148,972

Prosus NV

148,533,618

2,064,711

(a) SITC International Holdings Co Ltd

7,604,613

1,882,042

(a) Wharf Holdings Ltd

4,945,763

3,276,550

Wilmar International Ltd

7,873,900

4,225,700

(a) Yangzijiang Shipbuilding Holdings Ltd

11,412,585

TOTAL CHINA

210,366,682

DENMARK - 1.8%

4,903

(a) AP Moller - Maersk AS (Class A)

10,105,844

6,452

(a) AP Moller - Maersk AS (Class B)

13,264,843

156,803

(a) Carlsberg AS (Class B)

18,436,824

206,453

(a) Coloplast A.S.

18,672,517

1,114,278

(a) Danske Bank AS

49,800,648

130,936

(a) Demant A.S.

4,356,258

335,780

DSV AS

71,658,228

98,136

(a) Genmab AS

27,991,116

5,289,707

Novo Nordisk A.S.

260,421,114

587,584

(a) Novozymes A.S.

35,113,786

866,847

(a) Orsted AS

15,524,576

128,935

(a) Pandora A.S.

17,252,622

160,481

(a) ROCKWOOL A.S.

5,498,990

550,196

(a) Tryg A.S.

13,561,771

1,630,345

(a) Vestas Wind Systems A.S.

33,343,983

TOTAL DENMARK

595,003,120

FINLAND - 1.1%

227,332

(a) Elisa Oyj (Series A)

10,017,203

733,312

(a) Fortum Oyj

16,352,799

435,401

(a) Kesko Oyj (B Shares)

9,184,616

560,968

Kone Oyj (Class B)

37,479,972

1,056,607

(a) Metso Outotec Oyj

17,327,290

697,898

Neste Oil Oyj

14,460,912

8,521,664

(a) Nokia Oyj

58,128,798

5,112,530

Nordea Bank AB publ

87,459,046

177,111

(a) Orion Oyj (Class B)

12,368,184

3,977,631

(a) Sampo Oyj

44,335,979

978,137

(a) Stora Enso Oyj (R Shares)

11,389,575

885,738

(a) UPM-Kymmene Oyj

23,766,385

811,235

(a) Wartsila Oyj (B Shares)

26,541,254

TOTAL FINLAND

368,812,013

FRANCE - 9.1%

328,161

Accor S.A.

16,694,488

56,976

(b) Aeroports de Paris

7,816,023

949,999

(a) Air Liquide

183,861,730

975,939

Airbus SE

240,638,283

547,639

Alstom RGPT

13,695,125

100,934

(a),(c)

Amundi S.A.

7,482,477

94,928

Arkema

5,635,179

2,911,125

AXA S.A.

126,309,071

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

FRANCE

(continued)

67,791

(a) BioMerieux

$

8,728,133

1,672,160

BNP Paribas S.A.

129,522,092

1,148,728

(a) Bollore SE

6,396,554

305,140

Bouygues S.A.

13,773,442

559,104

(a) Bureau Veritas S.A.

18,373,519

270,296

(a) Cap Gemini S.A.

41,583,794

939,264

(a) Carrefour S.A.

14,146,204

1,106,295

Cie Generale des Etablissements Michelin S.C.A

35,341,050

738,139

Compagnie de Saint-Gobain

71,645,249

1,759,533

Credit Agricole S.A.

31,761,979

1,063,129

Danone

93,891,959

31,749

(a) Dassault Aviation S.A.

10,230,961

1,092,529

(a) Dassault Systemes SE

31,090,902

384,844

(a) Edenred

11,062,017

108,013

Eiffage S.A.

13,290,972

3,000,659

Engie S.A.

70,254,285

494,419

Essilor International S.A.

181,065,451

91,850

(a) Fonciere Des Regions

5,892,898

77,851

Gecina S.A.

7,234,794

511,121

Getlink S.E.

9,329,603

52,018

Hermes International

128,716,405

59,257

(a) Ipsen

8,327,458

123,335

Kering

43,798,341

355,640

(a) Klepierre

13,591,332

180,935

(a) La Francaise des Jeux SAEM

5,271,921

430,901

(a) Legrand S.A.

74,411,307

394,900

(a) L'Oreal S.A.

164,796,234

410,722

LVMH Moet Hennessy Louis Vuitton S.A.

290,307,587

3,088,618

Orange S. A.

49,406,659

335,113

(a) Pernod-Ricard S.A.

32,821,138

373,425

Publicis Groupe S.A.

37,428,057

314,329

(a) Renault S.A.

12,214,568

368,187

Rexel S.A.

12,766,875

591,411

(a) Safran S.A.

210,139,160

48,245

(a) Sartorius Stedim Biotech

11,538,729

1,181,294

Societe Generale

74,918,382

144,949

Sodexho Alliance S.A.

8,025,888

88,882

(a) Teleperformance

6,346,935

152,322

Thales S.A.

43,435,043

3,371,498

Total S.A.

210,499,547

196,801

Unibail-Rodamco-Westfield

20,349,856

1,052,896

Veolia Environnement

34,795,161

812,457

Vinci S.A.

108,638,702

TOTAL FRANCE

3,009,293,519

GERMANY - 9.4%

282,747

(a) Adidas-Salomon AG.

53,462,475

634,190

Allianz AG.

254,843,922

1,461,680

(a) BASF SE

72,121,954

1,612,668

(a) Bayer AG.

50,161,212

489,815

Bayerische Motoren Werke AG.

45,672,720

58,667

Bayerische Motoren Werke AG. (Preference)

5,082,662

163,422

(a) Beiersdorf AG.

17,325,023

202,776

(a) Brenntag SE

11,261,921

1,260,000

(a) Commerzbank AG.

45,943,236

175,783

(a) Continental AG.

13,431,909

291,872

(a) Covestro AG.

20,387,432

102,988

(a) CTS Eventim AG.

9,226,834

1,184,417

Daimler AG. (Registered)

76,850,346

783,131

(a) Daimler Truck Holding AG.

31,389,973

3,036,022

Deutsche Bank AG. (Registered)

108,690,099

309,403

Deutsche Boerse AG.

78,353,203

936,504

(a) Deutsche Lufthansa AG.

8,210,233

International Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

GERMANY

(continued)

1,577,277

Deutsche Post AG.

$

72,470,121

5,732,340

(a) Deutsche Telekom AG.

177,560,210

181,459

(a) Dr ING hc F Porsche AG.

9,494,106

3,688,908

E.ON AG.

68,637,208

443,408

(a) Evonik Industries AG.

7,430,648

356,050

Fresenius Medical Care AG.

19,115,343

688,675

(a) Fresenius SE

39,628,394

238,503

(a) GEA Group AG.

17,059,552

97,557

(a) Hannover Rueckversicherung AG.

27,850,421

221,651

HeidelbergCement AG.

52,000,101

174,449

(a) Henkel KGaA

13,026,717

256,592

(a) Henkel KGaA (Preference)

20,787,259

105,964

(a) Hensoldt AG.

11,295,510

2,145,284

Infineon Technologies AG.

85,152,535

122,756

(a) Knorr-Bremse AG.

11,422,196

124,403

(a) LEG Immobilien SE

9,481,278

216,551

Merck KGaA

28,366,793

89,519

MTU Aero Engines Holding AG.

39,122,047

214,572

(a) Muenchener Rueckver AG.

132,754,384

91,704

(a) Nemetschek SE

10,596,445

248,937

(a) Porsche AG.

9,891,130

8,384

(a) Rational AG.

6,150,489

75,378

(a) Rheinmetall AG.

148,176,877

1,037,736

RWE AG.

51,088,279

1,715,049

SAP AG.

446,036,833

42,516

Sartorius AG.

11,697,341

124,928

(a),(c)

Scout24 SE

14,447,456

1,248,229

Siemens AG.

353,744,606

1,115,981

(a) Siemens Energy AG.

139,034,830

568,160

(c) Siemens Healthineers AG.

31,845,333

215,950

(a) Symrise AG.

17,858,848

107,641

(a) Talanx AG.

13,107,585

337,755

(a) Volkswagen AG. (Preference)

35,172,705

1,236,660

Vonovia SE

37,168,743

357,787

(a),(c)

Zalando SE

10,026,112

TOTAL GERMANY

3,081,113,589

HONG KONG - 1.9%

17,459,138

AIA Group Ltd

169,890,153

3,137,003

(a) CK Asset Holdings Ltd

15,519,519

962,655

CK Infrastructure Holdings Ltd

6,261,450

2,631,579

CLP Holdings Ltd

22,445,697

100,838

(a) Futu Holdings Ltd (ADR)

20,070,795

1,220,057

(a) Hang Seng Bank Ltd

23,784,945

2,357,425

(a) Henderson Land Development Co Ltd

8,292,834

6,198,638

HKT Trust & HKT Ltd

9,051,076

18,258,387

(a) Hong Kong & China Gas Ltd

16,992,202

2,230,640

(a) Hong Kong Electric Holdings Ltd

14,170,679

1,978,797

(a) Hong Kong Exchanges and Clearing Ltd

107,850,147

1,828,029

Hongkong Land Holdings Ltd

11,169,837

270,994

(a) Jardine Matheson Holdings Ltd

15,911,297

4,344,513

Link REIT

22,624,552

2,610,440

(b) MTR Corp

9,576,890

4,242,001

Prudential plc

58,998,091

6,245,739

Sino Land Co

7,758,053

2,393,680

Sun Hung Kai Properties Ltd

29,128,175

570,938

Swire Pacific Ltd (Class A)

4,715,559

2,383,036

(a) Techtronic Industries Co

27,795,746

13,875,524

(a),(c)

WH Group Ltd

13,347,097

2,678,566

(a) Wharf Real Estate Investment Co Ltd

7,623,785

TOTAL HONG KONG

622,978,579

IRELAND - 0.4%

294,323

AerCap Holdings NV

38,332,628

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

IRELAND

(continued)

3,471,233

AIB Group plc

$

31,992,015

1,590,482

(a) Bank of Ireland Group plc

26,040,914

267,031

Kerry Group plc (Class A)

24,359,304

248,459

(a) Kingspan Group plc

18,604,182

TOTAL IRELAND

139,329,043

ISRAEL - 0.9%

73,420

(a) Azrieli Group Ltd

7,745,962

2,059,352

Bank Hapoalim Ltd

41,769,132

2,464,208

(a) Bank Leumi Le-Israel

50,013,487

142,596

(a) Check Point Software Technologies

27,903,185

44,521

(a) Elbit Systems Ltd

21,088,641

1,193,181

(a) Israel Chemicals Ltd

7,815,918

1,985,405

(a) Israel Discount Bank Ltd

19,841,707

252,833

(a) Mizrahi Tefahot Bank Ltd

16,438,583

103,220

(a) Nice Systems Ltd

14,080,024

48,878

(a) Nova Measuring Instruments Ltd

16,978,280

376,930

(a) Phoenix Holdings Ltd

14,510,682

1,884,080

(a) Teva Pharmaceutical Industries Ltd (ADR)

38,585,959

91,732

(a) Wix.com Ltd

13,350,675

TOTAL ISRAEL

290,122,235

ITALY - 3.2%

1,401,039

Assicurazioni Generali S.p.A.

53,934,240

364,808

Banca Mediolanum S.p.A

7,334,268

3,241,252

(a) Banca Monte dei Paschi di Siena S.p.A

28,427,350

1,856,742

(a) Banco BPM S.p.A.

27,051,696

2,432,857

(a) BPER Banca

29,150,235

366,614

Coca-Cola HBC AG.

16,636,226

995,522

(a),(b)

Davide Campari-Milano NV

6,930,696

13,360,619

Enel S.p.A.

135,152,778

3,355,850

(a) ENI S.p.A.

61,880,106

207,074

(a) Ferrari NV

82,924,942

991,797

(a) FinecoBank Banca Fineco S.p.A

22,692,459

453,064

Infrastrutture Wireless Italiane S.p.A

4,978,429

23,327,139

Intesa Sanpaolo S.p.A.

150,351,319

671,180

(a) Leonardo S.p.A.

39,488,661

381,645

Moncler S.p.A

22,894,635

815,433

(a),(b),(c)

Nexi S.p.A

4,299,465

743,810

(a),(c)

Poste Italiane S.p.A

17,933,183

467,879

(a) Prysmian S.p.A.

48,782,804

194,738

(a) Recordati S.p.A.

11,591,147

1,382,150

(a) Ryanair Holdings plc

41,845,436

3,291,950

Snam Rete Gas S.p.A.

20,303,480

18,811,778

(a) Telecom Italia S.p.A.

11,092,228

2,333,658

Terna Rete Elettrica Nazionale S.p.A.

23,929,499

2,303,170

(a) UniCredit S.p.A

170,541,975

592,487

(a) Unipol Gruppo S.p.A

12,971,509

TOTAL ITALY

1,053,118,766

JAPAN - 22.5%

1,258,172

Advantest Corp

188,405,966

3,654,851

(a) Aeon Co Ltd

57,807,686

822,940

(a) Aisin Seiki Co Ltd

14,788,391

1,473,376

Ajinomoto Co, Inc

41,788,332

250,352

(a) All Nippon Airways Co Ltd

4,692,144

2,391,442

(a) Asahi Breweries Ltd

25,784,098

323,512

(a) Asahi Glass Co Ltd

10,107,492

2,064,193

(a) Asahi Kasei Corp

15,816,091

1,129,300

Asics Corp

28,756,682

2,977,220

Astellas Pharma, Inc

31,164,429

949,781

(a) Bandai Namco Holdings, Inc

29,559,453

944,760

Bridgestone Corp

41,243,613

1,446,118

(a),(b)

Canon, Inc

41,529,357

568,010

(a) Capcom Co Ltd

14,832,503

International Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

JAPAN

(continued)

1,282,875

(a) Central Japan Railway Co

$

31,406,977

923,868

Chiba Bank Ltd

9,014,857

1,107,217

(a) Chubu Electric Power Co, Inc

15,396,688

1,103,332

(a) Chugai Pharmaceutical Co Ltd

50,496,999

1,681,168

Concordia Financial Group Ltd

12,212,398

662,370

Dai Nippon Printing Co Ltd

11,055,203

524,739

(a) Daifuku Co Ltd

16,726,991

5,728,780

(a) Dai-ichi Life Holdings, Inc

40,210,276

2,800,779

Daiichi Sankyo Co Ltd

66,905,334

433,407

(a) Daikin Industries Ltd

50,353,232

481,060

(a) Daito Trust Construction Co Ltd

8,993,924

925,829

(a) Daiwa House Industry Co Ltd

31,411,570

2,211,489

(a) Daiwa Securities Group, Inc

17,019,512

2,913,488

(a) Denso Corp

40,706,617

152,465

(a) Disco Corp

50,631,025

3,074,630

(a) Don Quijote Co Ltd

18,289,768

1,570,769

East Japan Railway Co

38,366,020

424,967

(a) Eisai Co Ltd

12,621,767

4,434,828

(a) ENEOS Holdings, Inc

27,978,058

1,532,057

(a) Fanuc Ltd

51,126,919

313,573

Fast Retailing Co Ltd

115,118,838

213,827

(a) Fuji Electric Holdings Co Ltd

15,271,816

960,632

(a) Fuji Heavy Industries Ltd

20,435,640

1,827,498

FUJIFILM Holdings Corp

42,355,344

413,100

(a) Fujikura Ltd

56,253,489

2,891,910

(a) Fujitsu Ltd

75,364,439

385,722

(a) Hankyu Hanshin Holdings, Inc

10,358,166

28,560

(a) Hikari Tsushin, Inc

7,565,152

7,525,010

(a) Hitachi Ltd

257,046,663

6,506,114

(a) Honda Motor Co Ltd

65,758,876

563,507

(a) Hoya Corp

91,531,574

759,481

(a),(b)

Hulic Co Ltd

7,846,470

1,307,230

(a) Idemitsu Kosan Co Ltd

9,090,151

1,441,972

(a) Inpex Holdings, Inc

26,607,442

1,668,800

(a) Ishikawajima-Harima Heavy Industries Co Ltd

34,550,987

847,698

(a) Isuzu Motors Ltd

10,401,493

1,952,269

Itochu Corp

113,081,769

203,561

Japan Airlines Co Ltd

3,667,232

2,961,371

(a) Japan Post Bank Co Ltd

33,182,393

2,902,835

(a) Japan Post Holdings Co Ltd

27,202,613

308,475

(a) Japan Post Insurance Co Ltd

7,977,876

1,970,873

(a) Japan Tobacco, Inc

68,651,189

962,520

(a) JFE Holdings, Inc

11,030,686

688,309

(a) Kajima Corp

22,189,548

1,527,426

(a) Kansai Electric Power Co, Inc

23,828,075

770,091

Kao Corp

32,589,964

252,100

(a) Kawasaki Heavy Industries Ltd

20,187,310

549,054

(a),(b)

Kawasaki Kisen Kaisha Ltd

7,866,598

5,158,014

KDDI Corp

82,220,542

319,554

(a) Keyence Corp

118,597,514

1,104,865

Kikkoman Corp

8,798,077

1,310,372

(a) Kirin Brewery Co Ltd

18,427,393

221,921

(a) Kobe Bussan Co Ltd

5,149,478

1,558,850

Komatsu Ltd

52,145,010

161,002

(a) Konami Corp

26,812,497

1,656,344

(a) Kubota Corp

21,444,949

2,090,020

(a) Kyocera Corp

27,733,305

386,824

(a) Kyowa Hakko Kogyo Co Ltd

5,989,597

132,329

(a) Lasertec Corp

26,867,052

716,199

(a) M3, Inc

10,037,421

358,076

(a) Makita Corp

10,825,116

2,324,653

(a) Marubeni Corp

57,130,721

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

JAPAN

(continued)

530,902

(a) Matsumotokiyoshi Holdings Co Ltd

$

9,620,037

400,124

(a) MEIJI Holdings Co Ltd

7,702,365

576,077

(a) Minebea Co Ltd

11,385,447

2,057,608

Mitsubishi Chemical Holdings Corp

10,748,072

5,285,182

(a) Mitsubishi Corp

126,911,219

3,124,082

Mitsubishi Electric Corp

88,700,772

1,765,085

Mitsubishi Estate Co Ltd

37,405,463

5,263,860

(a) Mitsubishi Heavy Industries Ltd

158,914,196

18,823,088

Mitsubishi UFJ Financial Group, Inc

284,327,772

1,440,744

(a) Mitsubishi UFJ Lease & Finance Co Ltd

11,270,462

4,056,596

Mitsui & Co Ltd

99,758,268

4,300,037

Mitsui Fudosan Co Ltd

44,773,705

556,183

(a),(b)

Mitsui OSK Lines Ltd

16,525,095

2,125,187

(a) Mitsui Sumitomo Insurance Group Holdings, Inc

43,809,582

4,129,569

Mizuho Financial Group, Inc

138,321,825

377,927

(a) MonotaRO Co Ltd

5,272,875

2,733,941

(a) Murata Manufacturing Co Ltd

58,946,264

2,129,100

(a) NEC Corp

77,328,990

554,148

(a) Nexon Co Ltd

11,301,564

1,341,934

(a) Nidec Corp

16,327,009

1,813,055

Nintendo Co Ltd

154,635,257

12,193

Nippon Building Fund, Inc

11,250,695

1,601,591

(a) Nippon Paint Co Ltd

10,187,757

7,991,235

(a),(b)

Nippon Steel Corp

32,940,090

49,067,186

Nippon Telegraph & Telephone Corp

50,502,579

713,647

(a) Nippon Yusen Kabushiki Kaisha

24,644,610

3,419,168

(a) Nissan Motor Co Ltd

7,815,304

281,787

(a) Nissin Food Products Co Ltd

5,086,777

636,055

(a),(b)

Nitori Co Ltd

10,305,486

1,164,435

(a) Nitto Denko Corp

29,000,082

5,013,870

(a) Nomura Holdings, Inc

35,779,472

621,330

(a) Nomura Research Institute Ltd

23,991,447

1,071,785

Obayashi Corp

18,131,860

543,725

(a) Obic Co Ltd

16,866,932

1,898,347

(a) Olympus Corp

23,362,886

65,378

(a) Oracle Corp Japan

6,027,187

1,764,492

Oriental Land Co Ltd

35,709,202

1,939,950

ORIX Corp

47,455,118

589,248

(a) Osaka Gas Co Ltd

18,540,597

1,635,838

(a) Osaka Securities Exchange Co Ltd

18,241,494

357,074

(a) Otsuka Corp

7,059,374

707,826

(a) Otsuka Holdings Co Ltd

38,522,715

3,850,615

Panasonic Corp

44,741,162

2,470,478

(a) Rakuten, Inc

16,162,369

2,183,515

Recruit Holdings Co Ltd

108,275,996

2,720,212

(a) Renesas Electronics Corp

33,593,438

3,385,669

(a) Resona Holdings, Inc

32,641,489

843,000

(a) Ryohin Keikaku Co Ltd

17,334,806

290,400

(a) Sanrio Co Ltd

13,439,235

469,728

SBI Holdings, Inc

20,990,747

128,200

(a) SCREEN Holdings Co Ltd

12,153,062

686,638

Secom Co Ltd

23,211,664

642,555

(a) Sekisui Chemical Co Ltd

11,131,805

995,560

Sekisui House Ltd

21,360,001

3,402,988

Seven & I Holdings Co Ltd

43,285,307

475,787

SG Holdings Co Ltd

4,373,190

386,966

(a) Shimadzu Corp

10,403,760

120,964

(a) Shimano, Inc

12,672,894

2,771,526

(a) Shin-Etsu Chemical Co Ltd

83,309,100

1,250,447

(a) Shionogi & Co Ltd

20,973,241

631,718

(a) Shiseido Co Ltd

10,640,565

95,532

(a) SMC Corp

32,702,746

International Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

JAPAN

(continued)

47,104,450

SoftBank Corp

$

66,935,327

1,569,346

Softbank Group Corp

275,370,818

1,456,585

Sompo Holdings, Inc

44,390,103

10,100,165

Sony Corp

281,285,347

10,100,165

(a) Sony Financial Holdings, Inc

10,184,710

250,112

(a) Sumisho Computer Systems Corp

9,190,769

1,818,139

(a) Sumitomo Corp

52,891,378

1,187,565

(a) Sumitomo Electric Industries Ltd

43,295,536

418,202

Sumitomo Metal Mining Co Ltd

13,680,407

6,061,891

Sumitomo Mitsui Financial Group, Inc

164,118,364

1,066,884

Sumitomo Mitsui Trust Holdings, Inc

29,303,623

507,985

Sumitomo Realty & Development Co Ltd

21,689,429

223,423

(a) Suntory Beverage & Food Ltd

6,762,939

2,567,704

(a) Suzuki Motor Corp

38,332,921

833,972

(a) Sysmex Corp

9,296,753

806,947

(a) T&D Holdings, Inc

17,329,606

250,862

(a) Taisei Corp

18,253,054

284,114

(a) Taiyo Nippon Sanso Corp

9,435,940

2,626,711

(a) Takeda Pharmaceutical Co Ltd

70,888,346

3,190,210

(a) TDK Corp

55,739,997

2,188,862

(a) Terumo Corp

35,330,233

343,515

TIS, Inc

11,834,377

176,132

(a) Toho Co Ltd

10,324,302

3,017,664

Tokio Marine Holdings, Inc

112,538,252

735,790

Tokyo Electron Ltd

162,219,772

526,133

(a) Tokyo Gas Co Ltd

18,464,204

491,800

(a),(b)

Tokyo Metro Co Ltd

5,169,856

793,870

(a) Tokyu Corp

8,834,194

382,212

(a) Toppan Printing Co Ltd

9,348,078

2,250,256

(a) Toray Industries, Inc

13,777,033

266,262

(a) Toyota Industries Corp

28,943,238

15,566,027

(a) Toyota Motor Corp

317,346,529

1,151,607

(a) Toyota Tsusho Corp

35,200,281

198,044

(a) Trend Micro, Inc

10,106,668

1,820,494

(a) Uni-Charm Corp

11,263,650

707,056

(a) West Japan Railway Co

14,531,500

411,102

(a) Yakult Honsha Co Ltd

6,154,529

1,506,606

(b) Yamaha Motor Co Ltd

10,854,738

393,147

(a) Yokogawa Electric Corp

11,760,776

4,671,321

(a) Z Holdings Corp

13,726,748

161,627

(a) Zensho Co Ltd

10,063,871

767,931

(a) ZOZO, Inc

6,638,386

TOTAL JAPAN

7,398,001,899

KOREA, REPUBLIC OF - 0.0%

295,118

(a),(c)

Delivery Hero SE

7,495,919

TOTAL KOREA, REPUBLIC OF

7,495,919

LUXEMBOURG - 0.1%

781,685

(a) ArcelorMittal S.A.

29,841,644

346,942

(a) CVC Capital Partners plc

5,794,486

192,662

(a) Eurofins Scientific SE

13,588,349

TOTAL LUXEMBOURG

49,224,479

MACAU - 0.1%

3,573,463

(a) Galaxy Entertainment Group Ltd

17,804,166

3,861,189

(a) Sands China Ltd

10,063,246

TOTAL MACAU

27,867,412

MEXICO - 0.0%

335,977

(a) Fresnillo plc

9,825,027

TOTAL MEXICO

9,825,027

NETHERLANDS - 4.5%

972,691

(a),(c)

ABN AMRO Bank NV

29,062,705

41,399

(a),(c)

Adyen NV

70,936,532

2,154,272

(a) Aegon NV

16,417,115

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

NETHERLANDS

(continued)

275,805

(a) Akzo Nobel NV

$

18,226,612

10,149

(a) Argenx SE

8,306,622

90,231

(a) Argenx SE

73,851,103

76,982

(a) ASM International NV

49,949,354

646,770

ASML Holding NV

683,835,969

240,923

(a) ASR Nederland NV

16,078,873

121,825

(a) BE Semiconductor Industries NV

20,770,685

129,284

(a),(c)

Euronext NV

18,476,202

155,975

(a) EXOR NV

13,516,786

220,368

(a) Heineken Holding NV

14,881,680

472,990

Heineken NV

36,624,705

101,113

(a) IMCD NV

10,477,700

4,964,097

ING Groep NV

123,951,837

289,282

(a) JDE Peet's NV

10,528,158

1,490,132

(a) Koninklijke Ahold Delhaize NV

60,992,002

6,436,982

Koninklijke KPN NV

29,786,884

1,250,258

Koninklijke Philips Electronics NV

34,251,053

434,233

NN Group NV

29,716,669

175,911

(a) Randstad Holdings NV

6,894,106

1,808,197

Universal Music Group NV

48,499,422

393,978

Wolters Kluwer NV

48,296,004

TOTAL NETHERLANDS

1,474,328,778

NEW ZEALAND - 0.3%

2,828,896

Auckland International Airport Ltd

13,166,266

1,417,444

Contact Energy Ltd

7,556,147

979,056

(a) Fisher & Paykel Healthcare Corp

20,785,824

1,517,808

Infratil Ltd

10,727,903

2,189,672

(a) Meridian Energy Ltd

7,412,854

269,647

(a) Xero Ltd

25,510,006

TOTAL NEW ZEALAND

85,159,000

NORWAY - 0.5%

525,532

(a) Aker BP ASA

13,620,176

1,469,682

DNB Bank ASA

37,514,255

1,239,455

(a) Equinor ASA

29,686,549

314,217

(a) Gjensidige Forsikring ASA

8,456,284

730,682

(a) Kongsberg Gruppen ASA

18,627,478

774,800

Mowi ASA

17,032,440

2,253,750

Norsk Hydro ASA

15,236,614

1,142,741

Orkla ASA

11,606,034

107,117

(a) Salmar ASA

6,015,059

1,002,520

Telenor ASA

14,909,011

TOTAL NORWAY

172,703,900

POLAND - 0.0%

395,975

(a) InPost S.A.

4,987,881

TOTAL POLAND

4,987,881

PORTUGAL - 0.2%

13,867,156

Banco Comercial Portugues S.A.

12,240,563

5,107,148

Energias de Portugal S.A.

25,388,347

702,666

(a) Galp Energia SGPS S.A.

14,117,312

473,276

Jeronimo Martins SGPS S.A.

12,189,231

TOTAL PORTUGAL

63,935,453

SINGAPORE - 1.8%

6,315,082

Ascendas REIT

13,672,356

3,735,699

Capitaland Investment Ltd

7,568,674

9,656,002

CapitaMall Trust

17,554,509

3,497,998

(a) DBS Group Holdings Ltd

144,825,873

8,901,901

(b) Genting Singapore Ltd

4,989,948

3,902,377

(a) Grab Holdings Ltd

23,453,286

2,499,821

Keppel Corp Ltd

19,549,468

5,572,387

Oversea-Chinese Banking Corp

72,894,610

628,326

(a) Sea Ltd (ADR)

98,175,938

1,442,327

SembCorp Industries Ltd

7,226,845

International Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

SINGAPORE

(continued)

2,526,368

(a),(b)

Singapore Airlines Ltd

$

12,860,518

1,452,687

(a) Singapore Exchange Ltd

18,849,415

2,560,487

(a) Singapore Technologies Engineering Ltd

16,681,718

12,276,633

(a) Singapore Telecommunications Ltd

40,071,539

1,118,701

(a) STMicroelectronics NV

27,470,692

2,085,423

(a) United Overseas Bank Ltd

55,466,937

TOTAL SINGAPORE

581,312,326

SOUTH AFRICA - 0.2%

1,852,180

(a) Anglo American plc

70,072,820

TOTAL SOUTH AFRICA

70,072,820

SPAIN - 3.4%

42,528

(a) Acciona S.A.

9,413,233

292,585

ACS Actividades de Construccion y Servicios S.A.

24,024,048

1,236,260

(a),(c)

Aena SME S.A.

33,578,266

744,078

Amadeus IT Holding S.A.

56,877,839

9,466,602

Banco Bilbao Vizcaya Argentaria S.A.

190,714,844

8,126,970

(a) Banco de Sabadell S.A.

30,467,159

24,449,948

(b) Banco Santander S.A.

249,149,520

1,098,242

(a) Bankinter S.A.

16,555,158

6,405,813

(a),(b)

CaixaBank S.A.

67,707,814

828,227

(c) Cellnex Telecom S.A.

25,784,144

483,083

(a) EDP Renovaveis S.A.

7,063,006

526,409

Endesa S.A.

18,864,335

456,049

(a) Grifols S.A.

5,909,430

10,423,190

Iberdrola S.A.

211,238,873

1,791,227

(b) Industria de Diseno Textil S.A.

98,912,244

666,011

Redeia Corp S.A.

11,989,439

1,902,104

Repsol YPF S.A.

34,902,378

5,988,102

(a),(b)

Telefonica S.A.

30,366,699

TOTAL SPAIN

1,123,518,429

SWEDEN - 3.1%

414,633

(a) AddTech AB

13,969,270

475,820

(a) Alfa Laval AB

22,614,618

1,645,006

(a) Assa Abloy AB

61,991,325

4,461,151

(a) Atlas Copco AB

74,751,285

2,553,109

(a) Atlas Copco AB

38,192,366

639,786

(a),(b)

Beijer Ref AB

10,109,935

476,379

Boliden AB

21,362,007

654,681

(a) Epiroc AB

12,218,027

1,070,709

(a) Epiroc AB

22,576,913

600,527

(a) EQT AB

20,752,761

4,654,173

Ericsson (LM) (B Shares)

47,220,590

977,929

(a) Essity AB

26,861,388

238,727

(a),(c)

Evolution AB

15,905,787

1,167,881

(a) Fastighets AB Balder

8,566,252

928,421

(b) Hennes & Mauritz AB (B Shares)

17,534,268

3,409,990

(a) Hexagon AB

41,566,479

133,273

(a) Holmen AB

5,035,850

267,970

(a) Industrivarden AB

11,115,712

207,894

(a) Industrivarden AB

8,644,239

438,237

(a) Indutrade AB

11,715,066

245,097

(a) Investment AB Latour

6,244,927

2,844,601

(a),(b)

Investor AB

93,663,706

128,966

(a) L E Lundbergforetagen AB

6,902,633

382,290

(a) Lifco AB

14,759,989

2,323,073

Nibe Industrier AB

9,039,781

518,848

(a),(b)

Saab AB

28,550,358

341,674

Sagax AB

7,667,398

1,748,456

(a) Sandvik AB

52,872,384

790,555

(a) Securitas AB (B Shares)

11,645,551

2,471,838

(a) Skandinaviska Enskilda Banken AB (Class A)

47,186,338

545,657

(a) Skanska AB (B Shares)

14,859,335

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

SWEDEN

(continued)

537,829

(a) SKF AB (B Shares)

$

13,785,646

997,497

(a) Svenska Cellulosa AB (B Shares)

13,286,800

2,385,024

Svenska Handelsbanken AB

31,122,960

1,415,355

Swedbank AB (A Shares)

42,971,283

316,797

(a) Swedish Orphan Biovitrum AB

10,914,687

875,582

(a) Tele2 AB (B Shares)

13,909,379

3,842,893

(a),(b)

TeliaSonera AB

15,128,195

326,468

Trelleborg AB (B Shares)

13,624,234

2,610,811

(a) Volvo AB (B Shares)

71,523,290

TOTAL SWEDEN

1,012,363,012

SWITZERLAND - 4.8%

2,573,912

ABB Ltd

191,363,965

65,887

(a) Baloise Holding AG.

16,362,445

48,222

Banque Cantonale Vaudoise

5,598,892

5,443

(b) Barry Callebaut AG.

7,076,117

16,413

(a) Belimo Holding AG.

17,708,708

36,066

(a) BKW AG.

8,071,839

(a) Chocoladefabriken Lindt & Spruengli AG.

26,960,617

882,867

Cie Financiere Richemont S.A.

174,636,013

306,423

DSM-Firmenich AG.

24,976,202

153,484

(a) Dufry Group

8,090,757

11,705

(a) EMS-Chemie Holding AG.

8,017,107

253,954

(a) Galderma Group AG.

47,162,307

55,878

(a) Geberit AG.

40,848,148

15,146

Givaudan S.A.

62,047,811

60,379

(a) Helvetia Holding AG.

14,836,854

344,534

(a) Julius Baer Group Ltd

23,258,979

80,246

(a) Kuehne & Nagel International AG.

15,394,921

1,562

(a) Lindt & Spruengli AG.

24,011,595

246,993

Logitech International S.A.

29,693,128

115,365

Lonza Group AG.

79,663,164

37,157

(a) Partners Group

45,503,082

690,146

(a) Sandoz Group AG.

46,016,719

66,821

(a) Schindler Holding AG.

23,801,651

39,138

(a) Schindler Holding AG. (Registered)

13,230,204

271,595

SGS S.A.

30,627,711

495,366

SIG Group AG.

5,538,562

251,108

Sika AG.

49,214,085

81,978

(a) Sonova Holdings AG

22,361,152

184,383

(a) Straumann Holding AG.

23,177,263

47,539

(a),(b)

Swatch Group AG.

9,935,011

47,433

(a) Swiss Life Holding

51,486,248

132,951

(a) Swiss Prime Site AG.

18,898,040

42,558

(a) Swisscom AG.

31,174,701

5,214,446

UBS Group AG

199,532,404

44,931

(c) VAT Group AG.

19,635,603

240,303

Zurich Insurance Group AG

167,123,772

TOTAL SWITZERLAND

1,583,035,777

UNITED ARAB EMIRATES - 0.0%

121,704

(a),(d)

NMC Health plc

TOTAL UNITED ARAB EMIRATES

UNITED KINGDOM - 11.1%

1,599,115

3i Group plc

92,541,724

432,655

(a) Admiral Group plc

18,628,913

700,536

Ashtead Group plc

46,792,139

517,938

Associated British Foods plc

15,629,578

2,546,741

AstraZeneca plc

420,081,182

1,388,317

(a),(c)

Auto Trader Group plc

14,242,859

5,033,504

(a) Aviva plc

44,240,922

4,947,946

BAE Systems plc

121,885,072

23,177,807

Barclays plc

124,316,955

2,310,927

(a) Barratt Developments plc

11,435,572

International Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

SHARES

DESCRIPTION

VALUE

UNITED KINGDOM

(continued)

3,423,414

(a) British American Tobacco plc

$

175,331,839

9,712,344

(a) BT Group plc

23,703,683

544,991

Bunzl plc

16,566,474

8,100,698

(a) Centrica plc

19,091,732

4,369,843

(a) CK Hutchison Holdings Ltd

28,978,488

373,475

Coca-Cola Europacific Partners plc

33,175,784

2,788,742

Compass Group plc

92,306,862

165,807

(b) DCC plc

10,923,201

3,655,134

Diageo plc

84,074,459

1,005,553

(a) Entain plc

10,473,538

628,811

(a) Halma plc

29,301,597

272,401

Hikma Pharmaceuticals plc

6,589,243

28,626,999

(a) HSBC Holdings plc

400,762,003

1,267,947

Imperial Tobacco Group plc

50,380,970

2,141,880

(a) Informa plc

27,273,222

241,496

(a) InterContinental Hotels Group plc

29,130,974

2,022,850

(a) International Consolidated Airlines Group S.A.

11,105,313

263,133

(a) Intertek Group plc

17,526,768

2,727,237

(a) J Sainsbury plc

12,238,743

4,291,494

(a) JD Sports Fashion plc

5,258,732

2,963,954

(a) Kingfisher plc

12,020,553

1,146,722

(a) Land Securities Group plc

9,371,686

9,350,065

(a) Legal & General Group plc

29,218,178

98,408,537

Lloyds TSB Group plc

115,382,775

780,587

(a) London Stock Exchange Group plc

97,281,648

3,778,635

(a) M&G plc

13,082,262

3,314,315

(a) Marks & Spencer Group plc

17,320,008

2,085,723

Melrose Industries plc

17,182,285

8,051,788

National Grid plc

120,729,327

13,296,960

(a) NatWest Group plc

102,366,813

192,551

(a) Next plc

36,178,417

974,817

(a) Pearson plc

13,567,519

1,166,606

(a) Phoenix Group Holdings plc

10,334,767

1,115,562

Reckitt Benckiser Group plc

85,328,273

3,014,059

RELX plc

133,210,484

4,119,509

(a) Rentokil Initial plc

22,992,823

13,876,004

(a) Rolls-Royce Holdings plc

213,534,976

1,582,734

(a) Sage Group plc

23,923,607

1,150,850

(a) Schroders plc

5,742,882

1,799,587

Scottish & Southern Energy plc

45,336,609

2,126,242

Segro plc

19,511,168

439,420

Severn Trent plc

16,062,995

1,353,487

(a) Smith & Nephew plc

24,993,501

559,716

Smiths Group plc

18,534,465

125,072

(a) Spirax-Sarco Engineering plc

11,665,803

3,239,545

Standard Chartered plc

66,498,914

10,777,817

Tesco plc

65,040,581

4,025,878

Unilever plc

241,570,085

1,131,518

(a) United Utilities Group plc

17,851,375

31,999,860

Vodafone Group plc

38,738,164

290,722

(a) Whitbread plc

11,067,847

1,076,986

(a) Wise plc

13,694,984

1,747,541

WPP plc

6,603,379

TOTAL UNITED KINGDOM

3,669,927,694

UNITED STATES - 9.6%

825,288

(a) Alcon, Inc

61,512,831

838,122

(a) Amrize Ltd

43,369,382

26,045,998

BP plc

152,598,488

795,454

CSL Ltd

92,699,266

79,321

(a) CyberArk Software Ltd

41,308,790

1,509,621

Experian Group Ltd

70,416,504

848,862

(b) Ferrovial SE

52,089,853

See Notes to Financial Statements

SHARES

DESCRIPTION

VALUE

UNITED STATES

(continued)

6,708,174

GSK plc

$

157,061,418

14,759,473

Haleon plc

68,634,926

837,708

(a) Holcim Ltd

74,473,253

937,604

(a) James Hardie Industries plc

19,746,628

64,033

(a) Monday.com Ltd

13,142,133

4,231,057

Nestle S.A.

404,270,901

3,122,178

Novartis AG.

386,405,921

363,068

(a) QIAGEN NV

17,089,633

53,129

(a) Roche Holding AG.

18,024,729

1,153,803

Roche Holding AG.

373,740,067

1,815,199

Sanofi-Aventis

183,630,576

900,511

Schneider Electric S.A.

256,582,403

9,676,000

Shell plc

362,747,502

251,096

(a) Spotify Technology S.A.

164,548,231

3,356,660

(a) Stellantis NV

34,136,717

490,625

Swiss Re AG.

89,589,075

625,938

(a) Tenaris S.A.

12,440,432

TOTAL UNITED STATES

3,150,259,659

TOTAL COMMON STOCKS

(Cost $20,995,451,699)

32,474,380,533

TOTAL LONG-TERM INVESTMENTS

(Cost $20,995,451,699)

32,474,380,533

SHARES

DESCRIPTION

RATE

VALUE

INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.6%

203,214,718

(e) State Street Navigator Securities Lending Government Money Market Portfolio

4.060%(f)

203,214,718

TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING

(Cost $203,214,718)

203,214,718

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 1.2%

GOVERNMENT AGENCY DEBT - 0.2%

$

10,000,000

Federal Home Loan Bank (FHLB)

.000

12/16/25

9,951,445

5,000,000

Federal Home Loan Bank (FHLB)

.000

02/20/26

4,941,278

10,000,000

Federal Home Loan Bank (FHLB)

.000

02/27/26

9,875,215

15,000,000

Federal Home Loan Bank Discount Notes

.000

11/12/25

14,980,700

6,000,000

Federal Home Loan Bank Discount Notes

.000

11/14/25

5,990,993

3,350,000

Federal Home Loan Bank Discount Notes

.000

12/12/25

3,335,148

12,500,000

Federal Home Loan Bank Discount Notes

.000

01/06/26

12,411,365

TOTAL GOVERNMENT AGENCY DEBT

61,486,144

REPURCHASE AGREEMENT - 0.4%

135,118,000

(g) Fixed Income Clearing Corporation

.130

11/03/25

135,118,000

TOTAL REPURCHASE AGREEMENT

135,118,000

TREASURY DEBT - 0.6%

4,105,000

United States Treasury Bill

.000

11/04/25

4,104,564

10,000,000

United States Treasury Bill

.000

11/12/25

9,990,406

20,000,000

United States Treasury Bill

.000

11/18/25

19,967,742

25,000,000

United States Treasury Bill

.000

11/20/25

24,954,106

25,000,000

United States Treasury Bill

.000

11/25/25

24,940,737

25,000,000

United States Treasury Bill

.000

11/28/25

24,932,913

30,000,000

United States Treasury Bill

.000

12/02/25

29,906,318

25,000,000

United States Treasury Bill

.000

12/09/25

24,903,618

25,000,000

United States Treasury Bill

.000

12/16/25

24,884,975

10,000,000

United States Treasury Bill

.000

12/30/25

9,939,018

TOTAL TREASURY DEBT

198,524,397

TOTAL SHORT-TERM INVESTMENTS

(Cost $395,079,252)

395,128,541

TOTAL INVESTMENTS - 100.4%

(Cost $21,593,745,669)

33,072,723,792

OTHER ASSETS & LIABILITIES, NET - (0.4)%

(140,900,304)

NET ASSETS - 100.0%

$

32,931,823,488

International Equity Index

See Notes to Financial Statements

Portfolios of Investments October 31, 2025

(continued)

Investments in Derivatives

ADR

American Depositary Receipt

REIT

Real Estate Investment Trust

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

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $324,398,866.

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

which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $334,499,140 or 1.0% of Total

Investments.

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

(e) Investments made with cash collateral received from securities on loan.

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

(g) Agreement with Fixed Income Clearing Corporation, 4.130% dated 10/31/25 to be repurchased at $135,164,503 on 11/3/25, collateralized by Government Agency Securities, with coupon

rate 3.875% and maturity date 5/31/27, valued at $137,820,360.

Futures Contracts - Long

Description

Number of

Contracts

Expiration

Date

Notional

Amount

Value

Unrealized

Appreciation

(Depreciation)

MSCI EAFE Index

2,014

12/19/25

$

281,669,234

$

282,674,970

$

1,005,736

Statement of Assets and Liabilities

See Notes to Financial Statements

October 31, 2025

4.1 Equity Index

4.2 Large Cap Growth Index

4.3 Large Cap Value Index

ASSETS

Long-term investments, at value

\*†

$

55,431,633,367

$

18,589,050,957

$

11,635,812,685

Short-term investments, at value

#

687,732,593

2,758,000

31,329,989

Investments purchased with collateral from securities lending, at value (cost

approximates value)

139,502,564

107,932,155

137,233,239

Cash

116,085

269,769

Cash denominated in foreign currencies

^

–

–

–

Cash collateral at brokers for investments in futures contracts

–

–

–

Receivables:

Dividends

24,039,097

3,610,757

8,522,368

Interest

38,964

3,037

Investments sold

14,912

–

–

Reclaims

–

–

–

Reimbursement from Adviser

1,075,677

–

–

Shares sold

18,318,517

11,359,677

4,715,074

Variation margin on futures contracts

1,751,670

–

–

Other

3,471,762

1,027,290

1,220,422

Total assets

56,307,695,208

18,716,008,923

11,818,837,173

LIABILITIES

Due to affiliates

72,121

26,112

21,483

Cash collateral due to broker

287,382

–

–

Cash overdraft

–

–

–

Payables:

Management fees

1,875,074

623,274

389,311

Collateral from securities lending

139,502,564

107,932,155

137,233,239

Capital gain taxes

–

–

–

Interest

–

–

3,675

Investments purchased - regular settlement

39,848,256

–

30,787,593

Shares redeemed

4,867,641

11,454,143

21,386,570

Service agreement fees

201,283

372,371

271,516

Variation margin on futures contracts

–

–

–

Accrued expenses:

Custodian fees

211,533

80,880

65,762

Professional fees

43,961

24,706

22,936

Shareholder reporting expenses

87,675

43,433

31,109

Shareholder servicing agent fees

118,335

56,116

32,094

Trustees fees

3,060,903

974,456

955,674

12b-1 distribution and service fees

404,766

–

–

Other

10,047

4,550

3,383

Total liabilities

190,591,541

121,592,196

191,204,345

Net assets

$

56,117,103,667

$

18,594,416,727

$

11,627,632,828

NET ASSETS CONSIST OF:

Paid-in capital

$

18,679,426,029

$

4,485,559,596

$

7,020,992,437

Total distributable earnings (loss)

37,437,677,638

14,108,857,131

4,606,640,391

Net assets

$

56,117,103,667

$

18,594,416,727

$

11,627,632,828

\*

Includes securities loaned of

$

274,484,250

$

126,299,815

$

177,533,955

†

Long-term investments, cost

$

18,739,928,918

$

5,122,299,187

$

7,479,909,123

#

Short-term investments, cost

$

687,668,443

$

2,758,000

$

31,330,356

^

Cash denominated in foreign currencies, cost

$

–

$

–

$

–

See Notes to Financial Statements

4.4 S&P 500 Index

4.5 Small Cap Blend Index

4.6 Emerging Markets Equity

Index

4.7 International Equity Index

$

12,507,554,448

$

3,644,501,921

$

8,795,256,623

$

32,474,380,533

119,663,298

13,283,028

36,538,806

395,128,541

18,680,177

116,553,333

18,622,039

203,214,718

–

112,609

1,971

–

–

831,450

1,658,964

972,531

925,708

9,625,723

5,697,769

769,775

5,518,460

74,894,551

4,298

958

2,692

15,501

1,410,176

60,470

44,549,924

22,805

–

–

77,566

77,480,009

–

–

722,047

466,514

5,431,490

1,496,945

996,129

10,979,405

150,357

71,500

–

–

1,169,302

752,650

461,604

2,178,563

12,659,761,425

3,778,463,111

8,904,615,657

33,250,047,798

20,838

10,070

20,039

48,152

–

–

–

–

–

230,968

–

–

418,946

124,674

736,695

1,118,994

18,680,177

116,553,333

18,622,039

203,214,718

–

–

75,857,264

–

–

–

–

–

–

–

–

47,495,029

1,055,747

5,274,702

14,805,037

61,955,251

824,337

143,186

237,156

478,284

–

–

148,598

761,586

66,200

39,067

2,449,056

963,320

26,021

40,798

52,311

52,203

33,869

22,178

28,978

83,525

67,666

11,527

6,377

78,365

1,055,514

505,330

323,610

1,905,787

–

–

5,715

23,610

1,576

1,568

69,059

45,486

22,250,891

122,957,401

113,361,934

318,224,310

$

12,637,510,534

$

3,655,505,710

$

8,791,253,723

$

32,931,823,488

$

3,710,810,591

$

2,244,925,345

$

6,563,022,140

$

22,742,141,993

8,926,699,943

1,410,580,365

2,228,231,583

10,189,681,495

$

12,637,510,534

$

3,655,505,710

$

8,791,253,723

$

32,931,823,488

$

19,484,184

$

251,300,828

$

75,929,068

$

324,398,866

$

3,770,490,413

$

2,246,369,120

$

5,254,052,766

$

20,995,451,699

$

119,646,708

$

13,282,689

$

36,538,681

$

395,079,252

$

–

$

–

$

831,742

$

1,665,556

Statement of Assets and Liabilities

(continued)

See Notes to Financial Statements

(continued)

(continued)

Statement of Assets and Liabilities

(continued)

October 31, 2025

4.1 Equity Index

4.2 Large Cap Growth Index

4.3 Large Cap Value Index

CLASS A:

Net assets

$

1,900,226,591

$

–

$

–

Shares outstanding

38,989,382

–

–

Net asset value ("NAV") per share

$

.74

$

–

$

–

Maximum sales charge

5.75%

–%

–%

Offering price per share (NAV per share plus maximum sales charge)

$

.71

$

–

$

–

CLASS I:

Net assets

$

13,223,542

$

235,796,694

$

120,952,355

Shares outstanding

275,994

2,906,282

4,215,526

NAV and offering price per share

$

.91

$

.13

$

.69

PREMIER CLASS:

Net assets

$

50,595,418

$

–

$

–

Shares outstanding

1,059,815

–

–

NAV and offering price per share

$

.74

$

–

$

–

CLASS R6:

Net assets

$

19,656,927,230

$

16,532,578,465

$

10,234,471,269

Shares outstanding

410,502,796

203,270,090

356,760,079

NAV and offering price per share

$

.89

$

.33

$

.69

RETIREMENT CLASS:

Net assets

$

967,819,517

$

1,826,041,568

$

1,272,209,204

Shares outstanding

19,920,103

22,287,901

43,466,932

NAV and offering price per share

$

.59

$

.93

$

.27

CLASS W:

Net assets

$

33,528,311,369

$

–

$

–

Shares outstanding

699,749,033

–

–

NAV and offering price per share

$

.91

$

–

$

–

Authorized shares - per class

Unlimited

Unlimited

Unlimited

Par value per share

$

.0001

$

.0001

$

.0001

See Notes to Financial Statements

4.4 S&P 500 Index

4.5 Small Cap Blend Index

4.6 Emerging Markets Equity

Index

4.7 International Equity Index

$

–

$

–

$

21,864,090

$

–

–

–

1,528,992

–

$

–

$

–

$

.30

$

–

–%

–%

5.75%

–%

$

–

$

–

$

.17

$

–

$

233,100,208

$

22,239,421

$

5,523,476

$

201,641,365

3,104,375

832,354

383,389

7,211,019

$

.09

$

.72

$

.41

$

.96

$

–

$

–

$

11,029,055

$

185,139,789

–

–

768,635

6,631,420

$

–

$

–

$

.35

$

.92

$

8,409,531,914

$

2,957,675,487

$

1,577,535,205

$

18,396,756,138

111,694,725

110,495,392

109,803,211

657,065,257

$

.29

$

.77

$

.37

$

.00

$

3,994,878,412

$

675,590,802

$

1,141,620,143

$

2,273,839,882

53,578,450

25,141,310

80,022,782

79,241,442

$

.56

$

.87

$

.27

$

.70

$

–

$

–

$

6,033,681,754

$

11,874,446,314

–

–

418,792,818

423,791,336

$

–

$

–

$

.41

$

.02

Unlimited

Unlimited

Unlimited

Unlimited

$

.0001

$

.0001

$

.0001

$

.0001

Statement of Operations

See Notes to Financial Statements

Year Ended October 31, 2025

4.1 Equity Index

4.2 Large Cap Growth Index

4.3 Large Cap Value Index

INVESTMENT INCOME

Dividends

$

636,974,377

$

96,541,891

$

222,125,141

Interest

18,579,320

280,337

64,260

Securities lending income, net

2,237,780

116,818

234,351

Tax withheld

(230,652)

(16,981)

(65,248)

Total investment income

657,560,825

96,922,065

222,358,504

EXPENSES

Management fees

20,355,515

6,491,710

4,391,204

12b-1 distribution and service fees —

Class A

4,355,305

–

–

12b-1 distribution and service fees —

Premier Class

66,563

–

–

Shareholder servicing agent fees —

Class A

501,162

–

–

Shareholder servicing agent fees —

Class I

2,982

158,760

92,026

Shareholder servicing agent fees —

Premier Class

–

–

Shareholder servicing agent fees —

Class R6

55,782

47,700

22,432

Shareholder servicing agent fees —

Retirement Class

2,139,235

3,587,697

3,342,893

Shareholder servicing agent fees —

Class W

18,998

–

–

Administrative service fees

273,012

130,239

101,868

Trustees fees

539,593

170,564

118,828

Custodian expenses

253,610

99,298

79,811

Overdraft expense

2,017

38,836

35,638

Professional fees

107,005

42,185

35,657

Registration fees

51,312

41,903

41,782

Shareholder reporting expenses

61,709

171,715

143,988

Other

213,133

80,638

84,947

Total expenses

28,997,111

11,061,245

8,491,074

Expenses reimbursed by the investment adviser

(12,784,905)

–

–

Net expenses

16,212,206

11,061,245

8,491,074

Net investment income (loss)

641,348,619

85,860,820

213,867,430

REALIZED AND UNREALIZED GAIN (LOSS)

Realized gain (loss) from:

Investments

\*

665,828,778

709,914,241

467,289,626

Futures contracts

20,535,806

–

–

Foreign currency transactions

(140,324)

4,003

2,820

Net realized gain (loss)

686,224,260

709,918,244

467,292,446

Change in unrealized appreciation (depreciation) on:

Investments

‡

8,652,959,401

3,726,662,719

513,300,057

Futures contracts

15,742,845

–

–

Foreign currency translations

–

–

–

Net change in unrealized appreciation (depreciation)

8,668,702,246

3,726,662,719

513,300,057

Net realized and unrealized gain (loss)

9,354,926,506

4,436,580,963

980,592,503

Net increase (decrease) in net assets from operations

$

9,996,275,125

$

4,522,441,783

$

1,194,459,933

\* Net of foreign capital gains tax

$

–

$

–

$

–

‡

&nbsp;&nbsp;&nbsp;&nbsp;Net of change in foreign capital gains tax

$

–

$

–

$

–

See Notes to Financial Statements

4.4 S&P 500 Index

4.5 Small Cap Blend Index

4.6 Emerging Markets Equity

Index

4.7 International Equity Index

$

139,674,782

$

39,751,490

$

215,115,740

$

942,586,406

5,265,572

1,056,477

4,110,744

18,892,339

12,899

2,587,490

864,745

2,610,161

(32,614)

(109,806)

(25,451,005)

(60,667,175)

144,920,639

43,285,651

194,640,224

903,421,731

4,427,257

1,376,559

7,666,739

12,018,954

–

–

43,584

–

–

–

13,309

249,838

–

–

17,049

–

242,768

1,398

4,513

249,653

–

–

37,190

16,344

2,486

44,784

8,330,224

1,580,881

2,264,579

4,754,027

–

–

3,417

7,146

100,582

37,890

77,176

225,368

115,743

36,271

82,001

323,887

80,395

51,152

3,004,829

1,212,328

4,766

–

38,139

46,556

61,988

89,081

37,611

31,414

34,868

57,281

143,194

100,313

83,897

300,299

69,629

38,067

379,504

417,502

13,627,498

3,317,081

13,740,057

19,950,534

–

–

(7,795,685)

(5,348,614)

13,627,498

3,317,081

5,944,372

14,601,920

131,293,141

39,968,570

188,695,852

888,819,811

143,611,952

116,782,237

(248,084,978)

(579,818,102)

15,373,599

(2,823,114)

14,334,536

78,880,266

2,232

9,014

(1,003,449)

121,444

158,987,783

113,968,137

(234,753,891)

(500,816,392)

1,903,962,800

302,429,827

2,072,071,556

5,996,526,337

1,973,667

338,774

3,047,270

6,870,303

–

–

273,244

5,511,784

1,905,936,467

302,768,601

2,075,392,070

6,008,908,424

2,064,924,250

416,736,738

1,840,638,179

5,508,092,032

$

2,196,217,391

$

456,705,308

$

2,029,334,031

$

6,396,911,843

$

–

$

–

$

8,706,792

$

–

$

–

$

–

$

143,072

$

–

Statement of Changes in Net Assets

See Notes to Financial Statements

4.1 Equity Index

4.2 Large Cap Growth Index

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

OPERATIONS

Net investment income (loss)

$

641,348,619

$

611,964,641

$

85,860,820

$

86,164,500

Net realized gain (loss)

686,224,260

306,004,095

709,918,244

445,107,135

Net change in unrealized appreciation

(depreciation)

8,668,702,246

12,552,057,408

3,726,662,719

4,035,272,796

Net increase (decrease) in net assets from

operations

9,996,275,125

13,470,026,144

4,522,441,783

4,566,544,431

DISTRIBUTIONS TO SHAREHOLDERS

–

–

–

–

Dividends:

Class A

(22,985,450)

(17,320,318)

–

–

Class I

(143,142)

(188,495)

(6,591,748)

(3,675,485)

Premier Class

(626,797)

(574,328)

–

–

Class R6

(273,803,382)

(205,917,296)

(454,361,528)

(202,563,375)

Retirement Class

(11,496,075)

(8,931,289)

(40,172,601)

(16,642,617)

Class W

(469,124,577)

(370,777,019)

–

–

Total distributions

(778,179,423)

(603,708,745)

(501,125,877)

(222,881,477)

FUND SHARE TRANSACTIONS

Subscriptions

5,747,479,626

3,305,781,567

3,228,685,700

2,916,875,443

Reinvestments of distributions

776,183,537

601,281,670

431,267,751

189,745,769

Redemptions

(7,196,757,989)

(5,316,395,627)

(4,117,204,554)

(2,953,167,397)

Net increase (decrease) from Fund share

transactions

(673,094,826)

(1,409,332,390)

(457,251,103)

153,453,815

Net increase (decrease) in net assets

8,545,000,876

11,456,985,009

3,564,064,803

4,497,116,769

Net assets at the beginning of period

47,572,102,791

36,115,117,782

15,030,351,924

10,533,235,155

Net assets at the end of period

$

56,117,103,667

$

47,572,102,791

$

18,594,416,727

$

15,030,351,924

See Notes to Financial Statements

4.3 Large Cap Value Index

4.4 S&P 500 Index

4.5 Small Cap Blend Index

4.6 Emerging Markets Equity Index

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

Year Ended

10/31/25

Year Ended

10/31/24

$

213,867,430

$

204,621,642

$

131,293,141

$

129,296,891

$

39,968,570

$

45,045,929

$

188,695,852

$

167,595,285

467,292,446

95,707,372

158,987,783

51,251,087

113,968,137

171,327,070

(234,753,891)

(205,900,758)

513,300,057

2,171,634,108

1,905,936,467

2,757,805,036

302,768,601

729,715,416

2,075,392,070

1,305,895,122

1,194,459,933

2,471,963,122

2,196,217,391

2,938,353,014

456,705,308

946,088,415

2,029,334,031

1,267,589,649

–

–

–

–

–

–

–

–

–

–

–

–

–

–

(402,420)

(491,613)

(3,098,412)

(5,116,228)

(2,454,325)

(2,052,396)

(1,560,838)

(447,340)

(127,114)

(147,073)

–

–

–

–

–

–

(206,686)

(256,445)

(269,496,036)

(346,074,951)

(116,309,959)

(92,610,354)

(184,177,629)

(82,901,086)

(37,144,733)

(35,218,813)

(37,427,013)

(64,593,220)

(40,275,761)

(29,749,791)

(40,642,346)

(18,512,544)

(20,627,137)

(17,569,792)

–

–

–

–

–

–

(148,087,246)

(126,351,017)

(310,021,461)

(415,784,399)

(159,040,045)

(124,412,541)

(226,380,813)

(101,860,970)

(206,595,336)

(180,034,753)

2,152,064,574

2,127,268,951

1,545,793,386

1,040,096,036

357,821,185

411,519,009

1,278,500,774

1,247,321,231

268,805,606

359,538,957

157,208,034

122,951,683

222,027,408

99,980,070

206,571,360

180,001,479

(2,545,100,155)

(1,659,015,602)

(1,815,630,736)

(1,106,906,963)

(675,935,706)

(621,137,215)

(1,558,277,494)

(690,284,611)

(124,229,975)

827,792,306

(112,629,316)

56,140,756

(96,087,113)

(109,638,136)

(73,205,360)

737,038,099

760,208,497

2,883,971,029

1,924,548,030

2,870,081,229

134,237,382

734,589,309

1,749,533,335

1,824,592,995

10,867,424,331

7,983,453,302

10,712,962,504

7,842,881,275

3,521,268,328

2,786,679,019

7,041,720,388

5,217,127,393

$

11,627,632,828

$

10,867,424,331

$

12,637,510,534

$

10,712,962,504

$

3,655,505,710

$

3,521,268,328

$

8,791,253,723

$

7,041,720,388

Statement of Changes in Net Assets

(continued)

See Notes to Financial Statements

(continued)

(continued)

Statement of Changes in Net Assets

(continued)

4.7 International Equity Index

Year Ended

10/31/25

Year Ended

10/31/24

OPERATIONS

Net investment income (loss)

$

888,819,811

$

727,404,371

Net realized gain (loss)

(500,816,392)

(202,857,741)

Net change in unrealized appreciation (depreciation)

6,008,908,424

3,920,576,153

Net increase (decrease) in net assets from operations

6,396,911,843

4,445,122,783

DISTRIBUTIONS TO SHAREHOLDERS

–

–

Dividends:

Class I

(5,447,414)

(15,540,494)

Premier Class

(4,434,973)

(4,403,485)

Class R6

(454,802,619)

(353,653,228)

Retirement Class

(45,014,620)

(37,519,557)

Class W

(324,769,297)

(287,041,379)

Total distributions

(834,468,923)

(698,158,143)

FUND SHARE TRANSACTIONS

Subscriptions

4,051,508,380

5,489,734,875

Reinvestments of distributions

815,826,111

680,909,346

Redemptions

(4,663,322,039)

(2,769,752,680)

Net increase (decrease) from Fund share transactions

204,012,452

3,400,891,541

Net increase (decrease) in net assets

5,766,455,372

7,147,856,181

Net assets at the beginning of period

27,165,368,116

20,017,511,935

Net assets at the end of period

$

32,931,823,488

$

27,165,368,116

Financial Highlights

See Notes to Financial Statements

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

4.1 Equity Index

Class A:

10/31/25

$

41.01 $

0.42 $

7.87 $

8.29 $

(0.43)

$

(0.13)

$

(0.56)

$

48.74 10/31/24

30.22 0.41 10.79 11.20 (0.41)

—

(0.41)

41.01 10/31/23

28.39 0.41 1.85 2.26 (0.36)

(0.07)

(0.43)

30.22 10/31/22

34.70 0.38 (6.07)

(5.69)

(0.32)

(0.30)

(0.62)

28.39 10/31/21

24.48 0.32 10.23 10.55 (0.33)

—

(0.33)

34.70 Class I:

10/31/25

40.28 0.52 7.73 8.25 (0.49)

(0.13)

(0.62)

47.91 10/31/24

29.69 0.47 10.58 11.05 (0.46)

—

(0.46)

40.28 10/31/23

27.88 0.46 1.81 2.27 (0.39)

(0.07)

(0.46)

29.69 10/31/22

34.11 0.41 (5.95)

(5.54)

(0.39)

(0.30)

(0.69)

27.88 10/31/21

24.05 0.35 10.06 10.41 (0.35)

—

(0.35)

34.11 Premier Class:

10/31/25

40.17 0.47 7.70 8.17 (0.47)

(0.13)

(0.60)

47.74 10/31/24

29.60 0.45 10.56 11.01 (0.44)

—

(0.44)

40.17 10/31/23

27.81 0.44 1.81 2.25 (0.39)

(0.07)

(0.46)

29.60 10/31/22

34.01 0.39 (5.93)

(5.54)

(0.36)

(0.30)

(0.66)

27.81 10/31/21

23.99 0.35 10.03 10.38 (0.36)

—

(0.36)

34.01 Class R6:

10/31/25

40.30 0.53 7.73 8.26 (0.54)

(0.13)

(0.67)

47.89 10/31/24

29.69 0.50 10.61 11.11 (0.50)

—

(0.50)

40.30 10/31/23

27.90 0.48 1.81 2.29 (0.43)

(0.07)

(0.50)

29.69 10/31/22

34.12 0.44 (5.95)

(5.51)

(0.41)

(0.30)

(0.71)

27.90 10/31/21

24.07 0.39 10.06 10.45 (0.40)

—

(0.40)

34.12 Retirement Class:

10/31/25

40.88 0.43 7.85 8.28 (0.44)

(0.13)

(0.57)

48.59 10/31/24

30.12 0.42 10.76 11.18 (0.42)

—

(0.42)

40.88 10/31/23

28.29 0.42 1.83 2.25 (0.35)

(0.07)

(0.42)

30.12 10/31/22

34.59 0.37 (6.04)

(5.67)

(0.33)

(0.30)

(0.63)

28.29 10/31/21

24.40 0.32 10.21 10.53 (0.34)

—

(0.34)

34.59 Class W:

10/31/25

40.32 0.55 7.72 8.27 (0.55)

(0.13)

(0.68)

47.91 10/31/24

29.71 0.52 10.60 11.12 (0.51)

—

(0.51)

40.32 10/31/23

27.91 0.50 1.81 2.31 (0.44)

(0.07)

(0.51)

29.71 10/31/22

34.13 0.45 (5.94)

(5.49)

(0.43)

(0.30)

(0.73)

27.91 10/31/21

24.08 0.41 10.05 10.46 (0.41)

—

(0.41)

34.13 (a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Does not include in-kind transactions.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

20.38 %

$

1,900,227

0.32 %

0.32 %

0.97 %

%

37.39 1,684,649

0.32 0.32 1.10 3

8.05 1,276,703

0.32 0.32 1.37 4

(c) (16.70)

1,231,300

0.32 0.28 1.22 7

43.45 1,493,507

0.32 0.32 1.02 7

(c) 20.67 13,224

0.07 0.07 1.21 7

37.62 9,344

0.15 0.15 1.30 3

8.25 11,988

0.15 0.15 1.54 4

(c) (16.59)

11,341

0.15 0.15 1.33 7

43.66 14,119

0.17 0.17 1.16 7

(c) 20.53 50,595

0.19 0.19 1.10 7

37.55 42,186

0.20 0.20 1.24 3

8.18 40,778

0.20 0.20 1.50 4

(c) (16.62)

54,969

0.20 0.20 1.30 7

43.64 71,581

0.20 0.20 1.15 7

(c) 20.70 19,656,927

0.04 0.04 1.25 7

37.78 16,533,797

0.05 0.05 1.38 3

8.32 12,336,618

0.05 0.05 1.64 4

(c) (16.50)

11,632,072

0.05 0.05 1.46 7

43.84 12,335,597

0.05 0.05 1.30 7

(c) 20.42 967,820

0.29 0.29 1.00 7

37.44 833,358

0.30 0.30 1.13 3

8.05 647,237

0.30 0.30 1.39 4

(c) (16.71)

651,723

0.30 0.30 1.20 7

43.50 838,804

0.30 0.30 1.05 7

(c) 20.74 33,528,311

0.04 0.00 1.29 7

37.85 28,468,770

0.05 0.00 1.42 3

8.40 21,801,793

0.05 0.00 1.68 4

(c) (16.46)

19,193,641

0.05 0.00 1.50 7

43.88 20,403,908

0.05 0.00 1.34 7

(c) Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

4.2 Large Cap Growth Index

Class I:

10/31/25

$

64.15 $

0.33 $

18.76 $

19.09 $

(0.33)

$

(1.78)

$

(2.11)

$

81.13 10/31/24

45.52 0.33 19.25 19.58 (0.36)

(0.59)

(0.95)

64.15 10/31/23

42.34 0.33 6.88 7.21 (0.36)

(3.67)

(4.03)

45.52 10/31/22

61.13 0.35 (14.14)

(13.79)

(0.44)

(4.56)

(5.00)

42.34 10/31/21

43.57 0.32 18.12 18.44 (0.29)

(0.59)

(0.88)

61.13 Class R6:

10/31/25

64.32 0.38 18.81 19.19 (0.40)

(1.78)

(2.18)

81.33 10/31/24

45.62 0.39 19.29 19.68 (0.39)

(0.59)

(0.98)

64.32 10/31/23

42.43 0.39 6.88 7.27 (0.41)

(3.67)

(4.08)

45.62 10/31/22

61.25 0.41 (14.17)

(13.76)

(0.50)

(4.56)

(5.06)

42.43 10/31/21

43.65 0.39 18.15 18.54 (0.35)

(0.59)

(0.94)

61.25 Retirement Class:

10/31/25

64.79 0.21 18.96 19.17 (0.25)

(1.78)

(2.03)

81.93 10/31/24

45.97 0.24 19.45 19.69 (0.28)

(0.59)

(0.87)

64.79 10/31/23

42.70 0.29 6.94 7.23 (0.29)

(3.67)

(3.96)

45.97 10/31/22

61.61 0.29 (14.28)

(13.99)

(0.36)

(4.56)

(4.92)

42.70 10/31/21

43.91 0.26 18.27 18.53 (0.24)

(0.59)

(0.83)

61.61 (a) Based on average shares outstanding.

(b) Total returns are not annualized.

(c) Does not include in-kind transactions.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

30.35 %

$

235,797

0.12 %

0.12 %

0.48 %

%

43.61 198,405

0.16 0.16 0.57 27

18.74 170,531

0.16 0.16 0.76 32

(c) (24.73)

84,495

0.16 0.16 0.72 34

42.93 81,993

0.17 0.17 0.61 31

30.45 16,532,578

0.05 0.05 0.55 27

43.76 13,554,206

0.05 0.05 0.67 27

18.86 9,494,986

0.05 0.05 0.90 32

(c) (24.65)

8,034,639

0.05 0.05 0.84 34

43.11 10,180,858

0.05 0.05 0.73 31

30.14 1,826,042

0.29 0.29 0.30 27

43.37 1,277,741

0.30 0.30 0.42 27

18.58 867,718

0.30 0.30 0.66 32

(c) (24.84)

757,262

0.30 0.30 0.58 34

42.77 1,085,055

0.30 0.30 0.48 31

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

4.3 Large Cap Value Index

Class I:

10/31/25

$

26.57 $

0.51 $

2.36 $

2.87 $

(0.49)

$

(0.26)

$

(0.75)

$

28.69 10/31/24

21.35 0.50 5.84 6.34 (0.52)

(0.60)

(1.12)

26.57 10/31/23

22.24 0.47 (0.45)

0.02 (0.42)

(0.49)

(0.91)

21.35 10/31/22

24.82 0.44 (2.14)

(1.70)

(0.41)

(0.47)

(0.88)

22.24 10/31/21

17.67 0.36 7.22 7.58 (0.43)

—

(0.43)

24.82 Class R6:

10/31/25

26.57 0.53 2.37 2.90 (0.52)

(0.26)

(0.78)

28.69 10/31/24

21.34 0.53 5.83 6.36 (0.53)

(0.60)

(1.13)

26.57 10/31/23

22.29 0.52 (0.48)

0.04 (0.50)

(0.49)

(0.99)

21.34 10/31/22

24.89 0.48 (2.16)

(1.68)

(0.45)

(0.47)

(0.92)

22.29 10/31/21

17.72 0.44 7.19 7.63 (0.46)

—

(0.46)

24.89 Retirement Class:

10/31/25

27.09 0.48 2.41 2.89 (0.45)

(0.26)

(0.71)

29.27 10/31/24

21.74 0.48 5.95 6.43 (0.48)

(0.60)

(1.08)

27.09 10/31/23

22.68 0.48 (0.48)

—

(0.45)

(0.49)

(0.94)

21.74 10/31/22

25.32 0.43 (2.20)

(1.77)

(0.40)

(0.47)

(0.87)

22.68 10/31/21

18.03 0.39 7.32 7.71 (0.42)

—

(0.42)

25.32 (a) Based on average shares outstanding.

(b) Total returns are not annualized.

(c) Does not include in-kind transactions.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

10.97 %

$

120,952

0.13 %

0.13 %

1.89 %

%

30.76 107,708

0.17 0.17 2.05 27

(0.04)

101,091

0.18 0.18 2.15 26

(c) (7.11)

17,967

0.19 0.19 1.92 21

43.47 16,207

0.19 0.19 1.60 29

11.09 10,234,471

0.05 0.05 1.98 31

30.90 9,288,489

0.05 0.05 2.15 27

0.09 6,571,229

0.05 0.05 2.34 26

(c) (6.99)

6,667,880

0.05 0.05 2.08 21

43.69 7,684,426

0.05 0.05 1.93 29

10.82 1,272,209

0.30 0.30 1.74 31

30.56 1,471,227

0.30 0.30 1.92 27

(0.13)

1,311,133

0.30 0.30 2.09 26

(c) (7.25)

1,233,751

0.30 0.30 1.83 21

43.28 1,279,443

0.30 0.30 1.67 29

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

4.4 S&P 500 Index

Class I:

10/31/25

$

62.77 $

0.75 $

12.46 $

13.21 $

(0.72)

$

(0.17)

$

(0.89)

$

75.09 10/31/24

46.21 0.73 16.54 17.27 (0.71)

—

(0.71)

62.77 10/31/23

42.76 0.69 3.51 4.20 (0.64)

(0.11)

(0.75)

46.21 10/31/22

50.99 0.63 (8.00)

(7.37)

(0.57)

(0.29)

(0.86)

42.76 10/31/21

36.27 0.56 14.74 15.30 (0.58)

—

(0.58)

50.99 Class R6:

10/31/25

62.93 0.84 12.50 13.34 (0.81)

(0.17)

(0.98)

75.29 10/31/24

46.33 0.80 16.57 17.37 (0.77)

—

(0.77)

62.93 10/31/23

42.87 0.76 3.50 4.26 (0.69)

(0.11)

(0.80)

46.33 10/31/22

51.11 0.69 (8.00)

(7.31)

(0.64)

(0.29)

(0.93)

42.87 10/31/21

36.35 0.62 14.77 15.39 (0.63)

—

(0.63)

51.11 Retirement Class:

10/31/25

62.35 0.67 12.37 13.04 (0.66)

(0.17)

(0.83)

74.56 10/31/24

45.91 0.65 16.44 17.09 (0.65)

—

(0.65)

62.35 10/31/23

42.49 0.64 3.47 4.11 (0.58)

(0.11)

(0.69)

45.91 10/31/22

50.67 0.57 (7.94)

(7.37)

(0.52)

(0.29)

(0.81)

42.49 10/31/21

36.06 0.51 14.64 15.15 (0.54)

—

(0.54)

50.67 (a) Based on average shares outstanding.

(b) Total returns are not annualized.

(c) Does not include in-kind transactions.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

21.24 %

$

233,100

0.17 %

0.17 %

1.14 %

%

37.75 174,689

0.18 0.18 1.28 3

9.95 134,151

0.18 0.18 1.52 2

(c) (14.74)

114,843

0.18 0.18 1.35 5

42.63 134,424

0.18 0.18 1.25 7

(c) 21.40 8,409,532

0.05 0.05 1.26 8

37.91 7,512,868

0.05 0.05 1.41 3

10.09 5,617,665

0.05 0.05 1.65 2

(c) (14.62)

4,933,068

0.05 0.05 1.47 5

42.82 6,310,496

0.05 0.05 1.38 7

(c) 21.09 3,994,878

0.30 0.30 1.01 8

37.59 3,025,406

0.30 0.30 1.16 3

9.80 2,091,065

0.30 0.30 1.40 2

(c) (14.83)

1,784,834

0.30 0.30 1.23 5

42.43 2,107,555

0.30 0.30 1.13 7

(c) Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

4.5 Small Cap Blend Index

Class I:

10/31/25

$

24.80 $

0.28 $

3.22 $

3.50 $

(0.39)

$

(1.19)

$

(1.58)

$

26.72 10/31/24

19.13 0.26 6.08 6.34 (0.37)

(0.30)

(0.67)

24.80 10/31/23

21.29 0.36 (2.16)

(1.80)

(0.29)

(0.07)

(0.36)

19.13 10/31/22

28.48 0.28 (5.20)

(4.92)

(0.29)

(1.98)

(2.27)

21.29 10/31/21

19.41 0.23 9.46 9.69 (0.23)

(0.39)

(0.62)

28.48 Class R6:

10/31/25

24.88 0.29 3.23 3.52 (0.44)

(1.19)

(1.63)

26.77 10/31/24

19.17 0.32 6.09 6.41 (0.40)

(0.30)

(0.70)

24.88 10/31/23

21.34 0.39 (2.17)

(1.78)

(0.32)

(0.07)

(0.39)

19.17 10/31/22

28.54 0.32 (5.22)

(4.90)

(0.32)

(1.98)

(2.30)

21.34 10/31/21

19.45 0.27 9.47 9.74 (0.26)

(0.39)

(0.65)

28.54 Retirement Class:

10/31/25

24.98 0.23 3.22 3.45 (0.37)

(1.19)

(1.56)

26.87 10/31/24

19.25 0.26 6.11 6.37 (0.34)

(0.30)

(0.64)

24.98 10/31/23

21.41 0.34 (2.17)

(1.83)

(0.26)

(0.07)

(0.33)

19.25 10/31/22

28.62 0.26 (5.24)

(4.98)

(0.25)

(1.98)

(2.23)

21.41 10/31/21

19.51 0.20 9.51 9.71 (0.21)

(0.39)

(0.60)

28.62 (a) Based on average shares outstanding.

(b) Total returns are not annualized.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

14.37 %

$

22,239

0.06 %

0.06 %

1.16 %

%

33.79 23,031

0.46 0.24 1.14 18

(8.56)

11,803

0.71 0.20 1.71 16

(18.53)

12,338

0.67 0.21 1.22 25

50.57 13,774

0.76 0.20 0.85 33

14.40 2,957,675

0.05 0.05 1.21 13

34.11 2,837,755

0.06 0.06 1.38 18

(8.43)

2,204,534

0.05 0.05 1.86 16

(18.42)

2,548,376

0.06 0.06 1.38 25

50.75 3,552,723

0.05 0.05 1.00 33

14.06 675,591

0.30 0.30 0.96 13

33.71 660,483

0.31 0.31 1.13 18

(8.62)

570,342

0.30 0.30 1.62 16

(18.63)

742,366

0.31 0.31 1.12 25

50.39 1,095,078

0.30 0.30 0.75 33

Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

4.6 Emerging Markets Equity Index

Class A:

10/31/25

$

11.43 $

0.24 $

2.91 $

3.15 $

(0.28)

$

—

$

(0.28)

$

14.30 10/31/24

9.57 0.24 1.90 2.14 (0.28)

—

(0.28)

11.43 10/31/23

8.87 0.23 0.68 0.91 (0.21)

—

(0.21)

9.57 10/31/22

13.13 0.28 (4.30)

(4.02)

(0.24)

—

(0.24)

8.87 10/31/21

11.59 0.22 1.55 1.77 (0.23)

—

(0.23)

13.13 Class I:

10/31/25

11.51 0.27 2.93 3.20 (0.30)

—

(0.30)

14.41 10/31/24

9.64 0.26 1.92 2.18 (0.31)

—

(0.31)

11.51 10/31/23

8.93 0.24 0.69 0.93 (0.22)

—

(0.22)

9.64 10/31/22

13.23 0.33 (4.36)

(4.03)

(0.27)

—

(0.27)

8.93 10/31/21

11.65 0.24 1.57 1.81 (0.23)

—

(0.23)

13.23 Premier Class:

10/31/25

11.47 0.27 2.90 3.17 (0.29)

—

(0.29)

14.35 10/31/24

9.58 0.26 1.92 2.18 (0.29)

—

(0.29)

11.47 10/31/23

8.88 0.25 0.68 0.93 (0.23)

—

(0.23)

9.58 10/31/22

13.15 0.31 (4.32)

(4.01)

(0.26)

—

(0.26)

8.88 10/31/21

11.60 0.25 1.55 1.80 (0.25)

—

(0.25)

13.15 Class R6:

10/31/25

11.49 0.29 2.91 3.20 (0.32)

—

(0.32)

14.37 10/31/24

9.61 0.28 1.92 2.20 (0.32)

—

(0.32)

11.49 10/31/23

8.91 0.27 0.68 0.95 (0.25)

—

(0.25)

9.61 10/31/22

13.20 0.32 (4.32)

(4.00)

(0.29)

—

(0.29)

8.91 10/31/21

11.64 0.27 1.56 1.83 (0.27)

—

(0.27)

13.20 Retirement Class:

10/31/25

11.41 0.26 2.89 3.15 (0.29)

—

(0.29)

14.27 10/31/24

9.55 0.25 1.91 2.16 (0.30)

—

(0.30)

11.41 10/31/23

8.86 0.24 0.67 0.91 (0.22)

—

(0.22)

9.55 10/31/22

13.12 0.29 (4.30)

(4.01)

(0.25)

—

(0.25)

8.86 10/31/21

11.57 0.24 1.55 1.79 (0.24)

—

(0.24)

13.12 Class W:

10/31/25

11.52 0.30 2.92 3.22 (0.33)

—

(0.33)

14.41 10/31/24

9.64 0.30 1.92 2.22 (0.34)

—

(0.34)

11.52 10/31/23

8.94 0.29 0.67 0.96 (0.26)

—

(0.26)

9.64 10/31/22

13.23 0.34 (4.33)

(3.99)

(0.30)

—

(0.30)

8.94 10/31/21

11.66 0.29 1.57 1.86 (0.29)

—

(0.29)

13.23 (a) Based on average shares outstanding.

(b) Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) Does not include in-kind transactions.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

28.24 %

$

21,864

0.50 %

0.50 %

2.04 %

%

22.88 16,860

0.49 0.49 2.22 5

10.20 16,665

0.49 0.49 2.31 14

(31.19)

16,002

0.53 0.50 2.51 7

15.32 23,317

0.56 0.56 1.65 33

(c) 28.57 5,523

0.24 0.24 2.29 14

23.14 4,876

0.29 0.29 2.45 5

10.32 4,602

0.29 0.29 2.37 14

(31.08)

6,895

0.33 0.33 3.01 7

15.61 4,300

0.32 0.32 1.77 33

(c) 28.42 11,029

0.30 0.30 2.23 14

23.22 8,173

0.31 0.31 2.45 5

10.39 8,771

0.31 0.31 2.43 14

(31.06)

22,113

0.34 0.34 2.74 7

15.58 28,510

0.33 0.33 1.80 33

(c) 28.63 1,577,535

0.15 0.15 2.41 14

23.43 1,346,384

0.16 0.16 2.58 5

10.52 1,053,054

0.16 0.16 2.63 14

(30.98)

1,010,505

0.19 0.19 2.91 7

15.77 1,165,241

0.18 0.18 1.96 33

(c) 28.35 1,141,620

0.40 0.40 2.14 14

23.07 800,393

0.41 0.41 2.34 5

10.19 562,249

0.41 0.41 2.41 14

(31.12)

438,986

0.44 0.44 2.64 7

15.55 556,244

0.43 0.43 1.74 33

(c) 28.82 6,033,682

0.15 0.00 2.53 14

23.54 4,865,035

0.16 0.00 2.75 5

10.69 3,571,788

0.16 0.00 2.82 14

(30.81)

3,053,793

0.19 0.00 3.07 7

16.00 3,377,750

0.18 0.00 2.17 33

(c) Financial Highlights

(continued)

See Notes to Financial Statements

Financial Highlights

(continued)

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

Investment Operations

Less Distributions

Net Asset

Value,

Beginning

of Period

Net

Investment

Income

(Loss)

(a) Net Realized/

Unrealized

Gain (Loss)

Total

From Net

Investment

Income

From Net

Realized

Gains

Total

Net Asset

Value,

End of

Period

4.7 International Equity Index

Class I:

10/31/25

$

23.35 $

0.70 $

4.57 $

5.27 $

(0.66)

$

—

$

(0.66)

$

27.96 10/31/24

19.71 0.52 3.77 4.29 (0.65)

—

(0.65)

23.35 10/31/23

17.56 0.72 1.95 2.67 (0.52)

—

(0.52)

19.71 10/31/22

23.51 0.61 (5.89)

(5.28)

(0.67)

—

(0.67)

17.56 10/31/21

17.90 0.59 5.42 6.01 (0.40)

—

(0.40)

23.51 Premier Class:

10/31/25

23.32 0.69 4.57 5.26 (0.66)

—

(0.66)

27.92 10/31/24

19.70 0.66 3.61 4.27 (0.65)

—

(0.65)

23.32 10/31/23

17.55 0.61 2.05 2.66 (0.51)

—

(0.51)

19.70 10/31/22

23.48 0.59 (5.87)

(5.28)

(0.65)

—

(0.65)

17.55 10/31/21

17.87 0.58 5.42 6.00 (0.39)

—

(0.39)

23.48 Class R6:

10/31/25

23.39 0.74 4.57 5.31 (0.70)

—

(0.70)

28.00 10/31/24

19.75 0.68 3.65 4.33 (0.69)

—

(0.69)

23.39 10/31/23

17.60 0.64 2.05 2.69 (0.54)

—

(0.54)

19.75 10/31/22

23.56 0.64 (5.91)

(5.27)

(0.69)

—

(0.69)

17.60 10/31/21

17.93 0.61 5.44 6.05 (0.42)

—

(0.42)

23.56 Retirement Class:

10/31/25

23.95 0.69 4.70 5.39 (0.64)

—

(0.64)

28.70 10/31/24

20.22 0.64 3.72 4.36 (0.63)

—

(0.63)

23.95 10/31/23

18.00 0.60 2.11 2.71 (0.49)

—

(0.49)

20.22 10/31/22

24.08 0.60 (6.05)

(5.45)

(0.63)

—

(0.63)

18.00 10/31/21

18.32 0.57 5.56 6.13 (0.37)

—

(0.37)

24.08 Class W:

10/31/25

23.40 0.75 4.58 5.33 (0.71)

—

(0.71)

28.02 10/31/24

19.77 0.70 3.63 4.33 (0.70)

—

(0.70)

23.40 10/31/23

17.61 0.65 2.06 2.71 (0.55)

—

(0.55)

19.77 10/31/22

23.57 0.65 (5.91)

(5.26)

(0.70)

—

(0.70)

17.61 10/31/21

17.94 0.63 5.43 6.06 (0.43)

—

(0.43)

23.57 (a) Based on average shares outstanding.

(b) Total returns are not annualized.

(c) Does not include in-kind transactions.

See Notes to Financial Statements

Ratios and Supplemental Data

Ratios to Average Net Assets

Total

Return

(b) Net Assets,

End of

Period (000)

Gross

Expenses

Net

Expenses

Net

Investment

Income (Loss)

Portfolio

Turnover

Rate

23.20 %

$

201,641

0.18 %

0.18 %

2.82 %

%

22.13 188,362

0.18 0.18 2.31 4

15.24 474,257

0.19 0.19 3.45 8

(c) (23.10)

135,488

0.17 0.17 3.03 5

33.86 156,717

0.17 0.17 2.65 5

(c) 23.17 185,140

0.20 0.20 2.79 9

22.07 156,581

0.20 0.20 2.90 4

15.21 133,705

0.20 0.20 3.00 8

(c) (23.10)

138,009

0.20 0.20 2.91 5

33.87 235,696

0.20 0.20 2.60 5

(c) 23.34 18,396,756

0.05 0.05 2.96 9

22.31 14,941,627

0.05 0.05 2.99 4

15.34 10,116,149

0.05 0.05 3.11 8

(c) (23.00)

8,366,604

0.05 0.05 3.14 5

34.05 9,784,831

0.05 0.05 2.72 5

(c) 23.09 2,273,840

0.30 0.30 2.71 9

21.94 1,649,021

0.30 0.30 2.74 4

15.09 1,199,275

0.30 0.30 2.86 8

(c) (23.20)

1,025,583

0.30 0.30 2.86 5

33.74 1,409,903

0.30 0.30 2.50 5

(c) 23.43 11,874,446

0.05 0.00 3.00 9

22.30 10,229,776

0.05 0.00 3.05 4

15.45 8,094,126

0.05 0.00 3.15 8

(c) (22.96)

7,066,985

0.05 0.00 3.21 5

34.09 7,359,293

0.05 0.00 2.80 5

(c) 176

Notes to Financial Statements

1. General Information

Trust and Fund Information:

TIAA-CREF Funds (the "Trust") is an open-end management investment company registered under the

Investment Company Act of 1940 ("1940 Act"), as amended. The Trust is comprised of the following (collectively the "Funds" or

individually, the "Fund"), among others:

Current Fiscal Period:

The end of the reporting period for the Funds is October 31, 2025, and the period covered by these Notes to

Financial Statements is the fiscal year ended October 31, 2025 (the "current fiscal period").

Investment Adviser:

Teachers Advisors, LLC (the "Adviser"), a wholly owned indirect subsidiary of Teachers Insurance and Annuity

Association of America ("TIAA"), is registered with the Securities and Exchange Commission ("SEC") as an investment adviser and

provides investment management services for the Funds.

Share Classes and Sales Charges:

The Funds offer up to six share classes, although any one Fund may not necessarily offer all six

classes. The Funds may offer Class A, Class I, Premier Class, Class R6, Retirement Class and Class W shares. Each class differs by

the allocation of class-specific expenses and voting rights in matters affecting a single class. The Funds offer their shares through

their principal underwriter, Nuveen Securities, LLC ("Nuveen Securities"), which is a wholly owned indirect subsidiary of TIAA.

Class A Shares are generally sold with an up-front sales charge. Class A Share purchases of $1 million or more with respect to

the Equity Index and Emerging Market Equity Index are sold at net asset value ("NAV") without an up-front sales charge but may be

subject to a contingent deferred sales charge ("CDSC") of 1% if redeemed within eighteen months of purchase. Class I, Premier

Class, Class R6, Retirement Class and Class W shares are sold without an up-front sales charge.

2. Significant Accounting Policies

The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United

States of America ("U.S. GAAP"), which may require the use of estimates made by management and the evaluation of subsequent

events. Actual results may differ from those estimates. The Funds are investment companies and follow the accounting guidance

in the Financial Accounting Standards Board ("FASB") Accounting Standards Codification 946, Financial Services — Investment

Companies. The NAV for financial reporting purposes may differ from the NAV for processing security and common share transactions.

The NAV for financial reporting purposes includes security and common share transactions through the date of the report. Total return

is computed based on the NAV used for processing security and common share transactions. The following is a summary of the

significant accounting policies consistently followed by the Funds.

Compensation:

The Funds pay the members of the Board of Trustees ("Board") all of whom are independent, certain remuneration

for their services, plus travel and other expenses. The Board has adopted a deferred compensation plan for independent trustees

that enables trustees to elect to defer receipt of all or a portion of the annual compensation they are entitled to receive from

certain Nuveen-advised funds. Under the plan, deferred amounts are treated as though equal dollar amounts had been invested in

shares of select Nuveen-advised funds. Amounts deferred are retained by the Funds until paid. Amounts payable to the trustees for

compensation are included separately in the accompanying Statement of Assets and Liabilities. Trustees' fees, including any deferred

compensation incurred, are reflected in the Statement of Operations.

Distributions to Shareholders:

Distributions to shareholders are recorded on the ex-dividend date. The amount, character and timing of

distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP.

Foreign Currency Transactions and Translation:

The books and records of the Funds are maintained in U.S. dollars. Assets, including

investments, and liabilities denominated in foreign currencies are translated into U.S. dollars at the end of each day. Purchases and

sales of securities, income and expenses are translated into U.S. dollars at the prevailing exchange rate on the respective dates of

the transactions.

Some markets in which the Funds invest impose capital controls, repatriation limits and/or transaction fees, for example, on the

amount of foreign currency that may be converted to U.S. dollars. These restrictions, in some markets where foreign exchange

restrictions are imposed, may be reflected in non-deliverable forward rates (NDF), or prevailing "offshore" rates that apply to non-

local investors. Accordingly, the Fund may apply NDF rates, or another alternative exchange rate believed by the Adviser to be more

Fund Name

Short Name

Nuveen Equity Index Fund

Equity Index

Nuveen Large Cap Growth Index Fund

Large Cap Growth Index

Nuveen Large Cap Value Index Fund

Large Cap Value Index

Nuveen S&P 500 Index Fund

S&P 500 Index

Nuveen Small Cap Blend Index Fund

Small Cap Blend Index

Nuveen Emerging Markets Equity Index Fund

Emerging Market Equity Index

Nuveen International Equity Index Fund

International Equity Index

reflective of the rates at which the Funds may transact, where applicable, to convert the value of non-U.S. dollar denominated

securities to U.S. dollars. The U.S. dollar market value of such securities held in markets where NDF rates exist may be lower than

the U.S. dollar market value of securities using prevailing local or "onshore" foreign currency exchange rates.

Net realized foreign currency gains and losses resulting from changes in exchange rates associated with (i) foreign currency,

(ii) investments and (iii) derivatives include foreign currency gains and losses between trade date and settlement date of the

transactions, foreign currency transactions, and the difference between the amounts of interest and dividends recorded on the books

of the

Funds

and the amounts actually received are recognized as a component of "Net realized gain (loss) from foreign currency

transactions" on the Statement of Operations, when applicable.

The unrealized gains and losses resulting from changes in foreign currency exchange rates and changes in foreign exchange

rates associated with (i) investments and (ii) other assets and liabilities are recognized as a component of "Change in unrealized

appreciation (depreciation) on foreign currency translations" on the Statement of Operations, when applicable. The unrealized

gains and losses resulting from changes in foreign exchange rates associated with investments in derivatives are recognized as a

component of the respective derivative's related "Change in unrealized appreciation (depreciation)" on the Statement of Operations,

when applicable.

Foreign Taxes:

The Funds may be subject to foreign taxes on income, gains on investments or foreign currency repatriation, a portion

of which may be recoverable. The Funds will accrue such taxes and recoveries as applicable, based upon the current interpretation of

tax rules and regulations that exist in the markets in which the Funds invest.

Indemnifications:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities

arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into

contracts that provide general indemnifications to other parties. The Trust's maximum exposure under these arrangements is

unknown as this would involve future claims that may be made against the Trust that have not yet occurred. However, the Trust has

not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

Investments and Investment Income:

Securities transactions are accounted for as of the trade date for financial reporting purposes.

Interest income is recorded on an accrual basis and includes accretion of discounts and amortization of premiums. Dividend income

is recorded on the ex-dividend date. Foreign dividend income is recorded on the ex-dividend date or as soon as possible after

the Funds determine the existence of a dividend declaration. Securities lending income is comprised of fees earned from borrowers

and income earned on cash collateral investments. Realized gains and losses on securities transactions are based upon the specific

identification method. Distributions received on securities that represent a return of capital or capital gains are recorded as a

reduction of cost of investments and/or as a realized gain. The Funds estimate the components of distributions received that may be

considered return of capital distributions or capital gain distributions.

Multiclass Operations and Allocations:

Income, expenses, realized gains and losses and unrealized appreciation and depreciation of

a Fund are allocated on a pro rata basis to each class of shares, except for service agreement fees, distribution fees and transfer

agency fees and expenses, which are unique to each class of shares. Most expenses of the Trust can be directly attributed to a

Fund. Expenses that cannot be directly attributed are allocated to each Fund in the Trust based upon the average net assets of each

Fund.

Netting Agreements:

In the ordinary course of business, the Funds may enter into transactions subject to enforceable master

repurchase agreements, International Swaps and Derivatives Association, Inc. (ISDA) master agreements or other similar

arrangements ("netting agreements"). Generally, the right to offset in netting agreements allows each Fund to offset certain

securities and derivatives with a specific counterparty, when applicable, as well as any collateral received or delivered to that

counterparty based on the terms of the agreements. Generally, each Fund manages its cash collateral and securities collateral on a

counterparty basis. With respect to certain counterparties, in accordance with the terms of the netting agreements, collateral posted

to the Funds is held in a segregated account by the Funds' custodian and/or with respect to those amounts which can be sold or

repledged, are presented in the Funds' Portfolio of Investments or Statement of Assets and Liabilities.

The Funds' investments subject to netting agreements as of the end of the current fiscal period, if any, are further described later in

these Notes to Financial Statements.

Notes to Financial Statements

(continued)

Segment

Reporting

:

In November 2023, the FASB issued Accounting Standard Update ("ASU") No. 2023-07, Segment Reporting

(Topic 280) Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The amendments in ASU 2023-07 improve

reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. ASU

2023-07 also requires a public entity that has a single reportable segment to provide all the disclosures required by the amendments

in ASU 2023-07 and all existing segment disclosures in Topic 280. The amendments in ASU 2023-07 are effective for fiscal years

beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Funds adopted

ASU 2023-07 during the current fiscal period. Adoption of the new standard impacted financial statement disclosures only and did

not affect the Funds' financial positions or the results of their operations.

Each Fund represents a single operating segment. The officers of the Funds act as the chief operating decision maker ("CODM"). The

CODM monitors the operating results of each Fund as a whole and is responsible for each Fund's long-term strategic asset allocation

in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the Fund's portfolio

managers as a team. The financial information in the form of the Fund's portfolio composition, 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 Statement of Assets and Liabilities as "total assets" and significant segment revenues and expenses are listed on the

Statement of Operations.

New Accounting Pronouncement:

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740) Improvements

to Income tax disclosures ("ASU 2023-09"). The primary purpose of the amendments within ASU 2023-09 is to enhance the

transparency and decision usefulness of income tax disclosures primarily related to the rate reconciliation table and income

taxes paid information. The amendments in ASU 2023-09 are effective for annual periods beginning after December 15, 2024.

Management is currently evaluating the implications of these changes on the financial statements.

3. Investment Valuation and Fair Value Measurements

The Funds' investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the

Adviser, subject to the oversight of the Board. Fair value is defined as the price that would be received upon selling an investment

or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the

investment. U.S. GAAP establishes the three-tier hierarchy that is used to maximize the use of observable market data and minimize

the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable

inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market

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

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

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

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

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

rates, credit spreads, etc.).

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

fair value of investments).

A description of the valuation techniques applied to the Funds' major classifications of assets and liabilities measured at fair value

follows:

Prices of fixed-income securities are provided by pricing services approved by the Adviser, which is subject to review by the

Adviser and oversight of the Board. Pricing services establish a security's fair value using methods that may include consideration

of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or

indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other

information and analysis, including the obligor's credit characteristics considered relevant. In pricing certain securities, particularly

less liquid and lower quality securities, pricing services may consider information about a security, its issuer or market activity

provided by the Adviser. These securities are generally classified as Level 2.

Equity securities and exchange-traded funds listed or traded on a national market or exchange are valued based on their last reported

sales price or official closing price of such market or exchange on the valuation date. Foreign equity securities and registered

investment companies that trade on a foreign exchange are valued at the last reported sales price or official closing price on the

principal exchange where traded, and converted to U.S. dollars at the prevailing rates of exchange on the valuation date. For events

affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when

the Funds' net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the

Adviser, subject to the oversight of the Board. To the extent these securities are actively traded and no valuation adjustments are

applied, they are generally classified as Level 1. When valuation adjustments are applied to the most recent last sales price or official

closing price, these securities are generally classified as Level 2.

Investments in investment companies are valued at their respective NAVs or share price on the valuation date and are generally

classified as Level 1.

Repurchase agreements are valued at contract amount plus accrued interest, which approximates market value. These securities are

generally classified as Level 2.

Futures contracts are valued using the closing settlement price or, in the absence of such a price, the last traded price and are

generally classified as Level 1.

For any portfolio security or derivative for which market quotations are not readily available or for which the Adviser deems the

valuations derived using the valuation procedures described above not to reflect fair value, the Adviser will determine a fair value in

good faith using alternative procedures approved by the Adviser, subject to the oversight of the Board. As a general principle, the fair

value of a security is the amount that the owner might reasonably expect to receive for it in a current sale. A variety of factors may

be considered in determining the fair value of such securities, which may include consideration of the following: yields or prices of

investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security

dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including

the obligor's credit characteristics considered relevant. To the extent the inputs are observable and timely, the values would be

classified as Level 2; otherwise they would be classified as Level 3.

The following table summarizes the market value of the Funds' investments as of the end of the current fiscal period, based on the

inputs used to value them:

Fund

Level 1

Level 2

Level 3

Total

Equity Index

Long-Term Investments

:

Common stocks

$55,431,542,959

$—

$14,618

$55,431,557,577

Rights/Warrants

—

—

75,790

75,790

Investments purchased with collateral from securities lending

139,502,564

—

—

139,502,564

Short-Term Investments

:

Government agency debt

—

95,289,885

—

95,289,885

Repurchase agreement

—

339,641,000

—

339,641,000

Treasury debt

—

252,801,708

—

252,801,708

Investments in Derivatives

:

Futures contracts\*

13,740,155

—

—

13,740,155

Total

$55,584,785,678

$687,732,593

$90,408

$56,272,608,679

Large Cap Growth Index

Long-Term Investments

:

Common stocks

$18,504,641,129

$—

$—

$18,504,641,129

Investment companies

84,409,828

—

—

84,409,828

Investments purchased with collateral from securities lending

107,932,155

—

—

107,932,155

Short-Term Investments

:

Repurchase agreement

—

2,758,000

—

2,758,000

Total

$18,696,983,112

$2,758,000

$—

$18,699,741,112

Large Cap Value Index

Long-Term Investments

:

Common stocks

$11,577,151,601

$—

$432

$11,577,152,033

Investment companies

58,660,652

—

—

58,660,652

Investments purchased with collateral from securities lending

137,233,239

—

—

137,233,239

Short-Term Investments

:

Government agency debt

—

4,984,989

—

4,984,989

Repurchase agreement

—

26,345,000

—

26,345,000

Total

$11,773,045,492

$31,329,989

$432

$11,804,375,913

Notes to Financial Statements

(continued)

4. Portfolio Securities

Repurchase Agreements:

In connection with transactions in repurchase agreements, it is the Fund's policy that its custodian take

possession of the underlying collateral securities, the fair value of which exceeds the principal amount of the repurchase transaction,

including accrued interest, at all times. If the counterparty defaults, and the fair value of the collateral declines, realization of the

collateral may be delayed or limited.

The following table presents the repurchase agreements for the Funds that are subject to netting agreements as of the end of

the current fiscal period, and the collateral delivered related to those repurchase agreements.

Fund

Level 1

Level 2

Level 3

Total

S&P 500 Index

Long-Term Investments

:

Common stocks

$12,507,554,448

$—

$—

$12,507,554,448

Investments purchased with collateral from securities lending

18,680,177

—

—

18,680,177

Short-Term Investments

:

Government agency debt

—

30,365,542

—

30,365,542

Repurchase agreement

—

37,281,000

—

37,281,000

Treasury debt

—

52,016,756

—

52,016,756

Investments in Derivatives

:

Futures contracts\*

1,172,926

—

—

1,172,926

Total

$12,527,407,551

$119,663,298

$—

$12,647,070,849

Small Cap Blend Index

Long-Term Investments

:

Common stocks

$3,644,430,337

$—

$30,444

$3,644,460,781

Rights/Warrants

—

—

41,140

41,140

Investments purchased with collateral from securities lending

116,553,333

—

—

116,553,333

Short-Term Investments

:

Government agency debt

—

4,972,028

—

4,972,028

Repurchase agreement

—

8,311,000

—

8,311,000

Investments in Derivatives

:

Futures contracts\*

40,889

—

—

40,889

Total

$3,761,024,559

$13,283,028

$71,584

$3,774,379,171

Emerging Markets Equity Index

Long-Term Investments

:

Common stocks

$1,075,820,572

$7,700,502,380

$18,620,649

$8,794,943,601

Preferred stocks

—

—

Rights/Warrants

—

—

312,923

312,923

Investments purchased with collateral from securities lending

18,622,039

—

—

18,622,039

Short-Term Investments

:

Government agency debt

—

13,187,806

—

13,187,806

Repurchase agreement

—

23,351,000

—

23,351,000

Investments in Derivatives

:

Futures contracts\*

740,818

—

—

740,818

Total

$1,095,183,429

$7,737,041,186

$18,933,671

$8,851,158,286

International Equity Index

Long-Term Investments

:

Common stocks

$721,893,204

$31,752,487,329

$—\*\*

$32,474,380,533

Investments purchased with collateral from securities lending

203,214,718

—

—

203,214,718

Short-Term Investments

:

Government agency debt

—

61,486,144

—

61,486,144

Repurchase agreement

—

135,118,000

—

135,118,000

Treasury debt

—

198,524,397

—

198,524,397

Investments in Derivatives

:

Futures contracts\*

1,005,736

—

—

1,005,736

Total

$926,113,658

$32,147,615,870

$—

$33,073,729,528

\*

Represents net unrealized appreciation (depreciation).

\*\*

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

Securities Lending:

Certain Funds may lend their securities to qualified institutional borrowers to earn additional income. A

Fund receives cash collateral and non-cash collateral (in the form of Treasury securities or other collateral permitted by applicable

law) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of loaned securities

during the period of the loan. If the market value of the loaned securities increases, the borrower must furnish additional collateral

to the Fund, which is recognized on the Statement of Assets and Liabilities. The market value of securities loaned is determined at

the close of business of the Funds and any additional required collateral is delivered to the Funds on the next business day. Cash

collateral received by the Fund will generally be invested in high-quality short-term instruments or in one or more funds maintained by

the securities lending agent ("Agent") for the purpose of investing cash collateral.

The value of the loaned securities and the liability to return the cash collateral received are reflected in the Statement of Assets and

Liabilities. Non-cash collateral is not disclosed in the Funds' Statement of Assets and Liabilities as it is held by the Agent or by a

third-party bank engaged by the Agent as a special "tri-party" custodian on behalf of the Funds, and the Funds do not have the ability

to sell or re-hypothecate those securities.

As of the end of the current fiscal period, securities lending transactions are for equity and fixed income securities, and the

resulting loans are continuous, can be recalled at any time, and have no set maturity. Securities lending income recognized by the

Funds consists of earnings on invested collateral and lending fees, net of any rebates to the borrower and compensation to the

Agent. Such income is reflected separately in the Statement of Operations. In lending its securities, a Fund bears the market risk with

respect to the investment of collateral and the risk that the Agent may default on its contractual obligations to the Fund. The Agent

bears the risk that the borrower may default on its obligation to return the loaned securities as the Agent is contractually obligated to

indemnify the Fund if at the time of a default by a borrower some or all of the loan securities have not been returned.

As of the end of the current fiscal period, the total value of securities on loan and the total value of collateral received were as

follows:

Purchases and Sales:

Long-term purchases and sales during the current fiscal period were as follows:

The Funds may purchase securities on a when-issued or delayed-delivery basis. Securities purchased on a when-issued or delayed-

delivery basis may have extended settlement periods; interest income is not accrued until settlement date. Any securities so

purchased are subject to market fluctuation during this period. If a Fund has outstanding when-issued/delayed-delivery purchases

commitments as of the end of the current fiscal period, such amounts are recognized on the Statement of Assets and Liabilities.

Fund

Counterparty

Short-term Investments,

at Value

Collateral Pledged

(From) Counterparty

Equity Index

Fixed Income Clearing Corporation

$

339,641,000

$

(346,433,820)

Large Cap Growth Index

Fixed Income Clearing Corporation

2,758,000

(2,813,294)

Large Cap Value Index

Fixed Income Clearing Corporation

26,345,000

(26,872,005)

S&P 500 Index

Fixed Income Clearing Corporation

37,281,000

(38,026,805)

Small Cap Blend Index

Fixed Income Clearing Corporation

8,311,000

(8,477,271)

Emerging Markets Equity Index

Fixed Income Clearing Corporation

23,351,000

(23,818,108)

International Equity Index

Fixed Income Clearing Corporation

135,118,000

(137,820,360)

Aggregate Value of

Securities on Loan

Fund

Equity

Securities

Cash Collateral

Received\*

Non-Cash Collateral

Received\*\*

Total Collateral

Received

Equity Index

$274,484,250

$139,502,564

$141,040,048

$280,542,612

Large Cap Growth Index

126,299,815

107,932,155

21,485,349

129,417,504

Large Cap Value Index

177,533,955

137,233,239

43,589,035

180,822,274

S&P 500 Index

19,484,184

18,680,177

1,010,359

19,690,536

Small Cap Blend Index

251,300,828

116,553,333

140,728,935

257,282,268

Emerging Markets Equity Index

75,929,068

18,622,039

62,505,234

81,127,273

International Equity Index

324,398,866

203,214,718

141,790,393

345,005,111

\*May include cash and investment of cash collateral.

\*\*As of the end of the current fiscal period, the non-cash collateral received by the Funds was comprised of U.S. Treasury securities.

Fund

Non-U.S. Government

Purchases

U.S. Government

Purchases

Non-U.S. Government

Sales

U.S. Government

Sales

4.1 Equity Index

$

3,735,593,755

$

–

$

5,066,263,403

$

–

4.2 Large Cap Growth Index

4,371,315,328

–

5,241,227,587

–

4.3 Large Cap Value Index

3,422,516,715

–

3,620,297,114

–

4.4 S&P 500 Index

833,916,626

–

1,010,755,411

–

4.5 Small Cap Blend Index

447,307,891

–

710,807,698

–

4.6 Emerging Markets Equity Index

1,098,726,174

9,949,833

1,076,834,668

9,998,878

4.7 International Equity Index

3,028,710,563

9,949,833

2,582,560,857

9,998,089

Notes to Financial Statements

(continued)

5. Derivative Investments

Each Fund is authorized to invest in certain derivative instruments. As defined by U.S. GAAP, a derivative is a financial instrument

whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other

variables. Investments in derivatives as of the end of and/or during the current fiscal period, if any, are included within the Statement

of Assets and Liabilities and the Statement of Operations, respectively.

Futures Contracts:

Certain Funds are subject to equity price and interest rate risk in the normal course of pursuing their investment

objectives. During the current fiscal period, the Funds listed below used equity index futures to equitize cash in their portfolios.

A futures contract is an agreement between two parties to buy and sell a financial instrument for a set price on a future date. Upon

execution of a futures contract, the Fund is obligated to deposit cash or eligible securities, also known as "initial margin," into an

account at its clearing broker equal to a specified percentage of the contract amount. Securities deposited for initial margin, if any,

are identified in the Portfolio of Investments and cash deposited for initial margin, if any, is reflected on the Statement of Assets and

Liabilities.

During the period the futures contract is open, changes in the market value of the contract are recognized as an unrealized gain

or loss by "marking-to-market" on a daily basis. The Fund and the clearing broker are obligated to settle monies on a daily basis

representing the changes in the value of the contracts. These daily cash settlements are known as "variation margin" which are

recognized on the Statement of Assets and Liabilities as a receivable or payable for variation margin on futures contracts. When the

contract is closed or expired, the Fund records a realized gain or loss equal to the difference between the value of the contract on

the closing date and value of the contract when originally entered into. The net realized gain or loss and the change in unrealized

appreciation (depreciation) on futures contracts held during the period is included on the Statement of Operations.

Risks of investments in futures contracts include the possible adverse movement in the price of the securities or indices underlying

the contracts, the possibility that there may not be a liquid secondary market for the contracts and/or that a change in the value

of the contract may not correlate with a change in the value of the underlying securities or indices.

The average notional amount of futures contracts outstanding during the current fiscal period was as follows:

As of the end of the current fiscal period, the following Funds have invested in derivative contracts which are reflected in the

Statement of Assets and Liabilities as follows:

\* Value represents the cumulative unrealized appreciation (depreciation) of cleared derivative contracts as reported in the Fund's Portfolio of investments. The Statement of Assets

and Liabilities only reflects the current day variation margin receivable/payable from/to brokers on open cleared derivative contracts.

Fund

Average Notional Amount of Futures Contracts Outstanding\*

4.1 Equity Index

$

367,207,381

4.4 S&P 500 Index

108,005,708

4.5 Small Cap Blend Index

20,920,724

4.6 Emerging Markets Equity Index

100,889,643

4.7 International Equity Index

398,863,434

\*

The average notional amount is calculated based on the absolute aggregate notional amount of contracts outstanding at the beginning of the current fiscal period and at

the end of each fiscal quarter within the current fiscal period.

Asset Derivatives

Liability Derivatives

Derivative Instrument

Risk Exposure

Location

Value

Location

Value

Equity Index

Futures contracts

Equity

Unrealized appreciation

on futures contracts

\*

$

13,740,155

-

$

–

S&P 500 Index

Futures contracts

Equity

Unrealized appreciation

on futures contracts

\*

1,172,926

-

–

Small Cap Blend Index

Futures contracts

Equity

Unrealized appreciation

on futures contracts

\*

40,889

-

–

Emerging Markets Equity Index

Futures contracts

Equity

Unrealized appreciation

on futures contracts

\*

740,818

-

–

International Equity Index

Futures contracts

Equity

Unrealized appreciation

on futures contracts

\*

1,005,736

-

–

During the current fiscal period, the effect of derivative contracts on the Funds' Statement of Operations was as follows

:

6. Fund Shares

Transactions in Fund shares during the current and prior fiscal period were as follows:

Derivative Instrument

Risk Exposure

Net Realized Gain

(Loss)

Change in Unrealized

Appreciation

(Depreciation)

4.1 Equity Index

Futures contracts

Equity

$

20,535,806

$

15,742,845

4.4 S&P 500 Index

Futures contracts

Equity

15,373,599

1,973,667

4.5 Small Cap Blend Index

Futures contracts

Equity

(2,823,114)

338,774

4.6 Emerging Markets Equity Index

Futures contracts

Equity

14,334,536

3,047,270

4.7 International Equity Index

Futures contracts

Equity

78,880,266

6,870,303

Year Ended

10/31/25

Year Ended

10/31/24

4.1 Equity Index

Shares

Value

Shares

Value

Subscriptions:

Class A

993,586

$

42,857,840

1,468,447

$

54,010,503

Class I

114,239

5,121,043

98,009

3,624,639

Premier Class

184,862

7,673,739

165,795

6,159,773

Class R6

34,688,588

1,429,007,040

28,419,123

1,014,766,184

Retirement Class

1,824,343

81,414,529

903,734

33,097,145

Class W

101,774,053

4,181,405,435

60,639,668

2,194,123,323

Total subscriptions

139,579,671

5,747,479,626

91,694,776

3,305,781,567

Reinvestments of distributions:

Class A

503,612

21,937,338

500,800

16,526,395

Class I

3,238

138,349

5,692

184,260

Premier Class

14,683

625,790

17,470

564,109

Class R6

6,391,694

272,861,408

6,317,211

204,298,604

Retirement Class

264,765

11,496,075

271,550

8,931,283

Class W

10,986,524

469,124,577

11,461,423

370,777,019

Total reinvestments of distributions

18,164,516

776,183,537

18,574,146

601,281,670

Redemptions:

Class A

(3,582,699)

(154,523,542)

(3,142,346)

(116,959,866)

Class I

(73,434)

(3,103,977)

(275,556)

(9,941,504)

Premier Class

(189,809)

(7,985,740)

(510,955)

(18,985,964)

Class R6

(40,896,300)

(1,777,249,267)

(39,891,968)

(1,449,981,002)

Retirement Class

(2,553,000)

(108,176,643)

(2,278,624)

(83,898,783)

Class W

(119,088,255)

(5,145,718,820)

(99,856,983)

(3,636,628,508)

Total redemptions

(166,383,497)

(7,196,757,989)

(145,956,432)

(5,316,395,627)

Net increase (decrease) from shareholder transactions

(8,639,310)

$

(673,094,826)

(35,687,510)

$

(1,409,332,390)

Year Ended

10/31/25

Year Ended

10/31/24

4.2 Large Cap Growth Index

Shares

Value

Shares

Value

Subscriptions:

Class I

743,977

$

50,335,047

1,348,520

$

74,923,140

Class R6

42,839,869

2,858,203,276

46,600,220

2,684,882,701

Retirement Class

4,409,831

320,147,377

2,734,829

157,069,602

Total subscriptions

47,993,677

3,228,685,700

50,683,569

2,916,875,443

Reinvestments of distributions:

Class I

95,778

6,577,070

73,035

3,660,532

Class R6

5,594,414

384,895,704

3,376,957

169,557,004

Retirement Class

572,919

39,794,977

326,065

16,528,233

Total reinvestments of distributions

6,263,111

431,267,751

3,776,057

189,745,769

Redemptions:

Class I

(1,026,466)

(70,089,974)

(2,074,538)

(120,141,057)

Class R6

(55,903,457)

(3,884,751,932)

(47,357,563)

(2,703,412,285)

Retirement Class

(2,414,887)

(162,362,648)

(2,218,118)

(129,614,055)

Total redemptions

(59,344,810)

(4,117,204,554)

(51,650,219)

(2,953,167,397)

Net increase (decrease) from shareholder transactions

(5,088,022)

$

(457,251,103)

2,809,407

$

153,453,815

Notes to Financial Statements

(continued)

Year Ended

10/31/25

Year Ended

10/31/24

4.3 Large Cap Value Index

Shares

Value

Shares

Value

Subscriptions:

Class I

1,196,096

$

31,950,931

1,817,612

$

43,377,219

Class R6

79,543,666

2,104,895,451

83,435,239

2,041,104,339

Retirement Class

550,501

15,218,192

1,757,670

42,787,393

Total subscriptions

81,290,263

2,152,064,574

87,010,521

2,127,268,951

Reinvestments of distributions:

Class I

109,647

2,958,285

225,656

4,971,211

Class R6

8,474,586

228,474,850

13,177,844

290,044,357

Retirement Class

1,355,548

37,372,471

2,868,981

64,523,389

Total reinvestments of distributions

9,939,781

268,805,606

16,272,481

359,538,957

Redemptions:

Class I

(1,144,286)

(30,541,328)

(2,723,876)

(65,473,466)

Class R6

(80,826,480)

(2,166,662,692)

(54,940,977)

(1,325,436,782)

Retirement Class

(12,742,325)

(347,896,135)

(10,628,146)

(268,105,354)

Total redemptions

(94,713,091)

(2,545,100,155)

(68,292,999)

(1,659,015,602)

Net increase (decrease) from shareholder transactions

(3,483,047)

$

(124,229,975)

34,990,003

$

827,792,306

Year Ended

10/31/25

Year Ended

10/31/24

4.4 S&P 500 Index

Shares

Value

Shares

Value

Subscriptions:

Class I

1,094,885

$

71,664,149

896,768

$

51,301,496

Class R6

14,419,137

948,609,078

11,800,709

689,107,336

Retirement Class

7,874,577

525,520,159

5,363,012

299,687,204

Total subscriptions

23,388,599

1,545,793,386

18,060,489

1,040,096,036

Reinvestments of distributions:

Class I

37,009

2,450,380

40,879

2,049,265

Class R6

1,726,465

114,481,893

1,815,430

91,152,761

Retirement Class

611,908

40,275,761

596,783

29,749,657

Total reinvestments of distributions

2,375,382

157,208,034

2,453,092

122,951,683

Redemptions:

Class I

(810,570)

(52,992,056)

(1,057,478)

(60,254,582)

Class R6

(23,826,903)

(1,538,175,536)

(15,496,112)

(881,118,384)

Retirement Class

(3,429,889)

(224,463,144)

(2,981,112)

(165,533,997)

Total redemptions

(28,067,362)

(1,815,630,736)

(19,534,702)

(1,106,906,963)

Net increase (decrease) from shareholder transactions

(2,303,381)

$

(112,629,316)

978,879

$

56,140,756

Year Ended

10/31/25

Year Ended

10/31/24

4.5 Small Cap Blend Index

Shares

Value

Shares

Value

Subscriptions:

Class I

331,861

$

8,122,802

863,317

$

19,243,708

Class R6

13,763,838

319,556,047

16,511,596

368,817,640

Retirement Class

1,233,806

30,142,336

1,007,663

23,457,661

Total subscriptions

15,329,505

357,821,185

18,382,576

411,519,009

Reinvestments of distributions:

Class I

60,459

1,551,371

21,100

443,303

Class R6

6,994,698

179,833,692

3,850,961

81,024,223

Retirement Class

1,571,022

40,642,345

874,471

18,512,544

Total reinvestments of distributions

8,626,179

222,027,408

4,746,532

99,980,070

Redemptions:

Class I

(488,604)

(10,509,811)

(572,874)

(13,202,285)

Class R6

(24,300,419)

(565,834,036)

(21,299,733)

(491,623,508)

Retirement Class

(4,107,785)

(99,591,859)

(5,072,452)

(116,311,422)

Total redemptions

(28,896,808)

(675,935,706)

(26,945,059)

(621,137,215)

Net increase (decrease) from shareholder transactions

(4,941,124)

$

(96,087,113)

(3,815,951)

$

(109,638,136)

7. Income Tax Information

Each Fund is a separate taxpayer for federal income tax purposes. Each Fund intends to distribute substantially all of its net

investment income and net capital gains to shareholders and otherwise comply with the requirements of Subchapter M of the Internal

Revenue Code applicable to regulated investment companies. Therefore, no federal income tax provision is required.

Each Fund files income tax returns in U.S. federal and applicable state and local jurisdictions. A Fund's federal income tax returns

are generally subject to examination for a period of three fiscal years after being filed. State and local tax returns may be subject to

examination for an additional period of time depending on the jurisdiction. Management has analyzed each Fund's tax positions taken

for all open tax years and has concluded that no provision for income tax is required in the Fund's financial statements.

Year Ended

10/31/25

Year Ended

10/31/24

4.6 Emerging Markets Equity Index

Shares

Value

Shares

Value

Subscriptions:

Class A

1,138,455

$

13,726,140

942,786

$

10,252,635

Class I

20,673

260,790

127,717

1,355,088

Premier Class

126,832

1,544,127

197,352

2,078,810

Class R6

16,267,291

192,036,709

14,862,939

159,994,476

Retirement Class

9,131,380

109,136,924

10,646,687

115,116,605

Class W

82,096,795

961,796,084

88,664,938

958,523,617

Total subscriptions

108,781,426

1,278,500,774

115,442,419

1,247,321,231

Reinvestments of distributions:

Class A

34,935

386,380

47,794

472,208

Class I

11,048

122,854

14,385

142,845

Premier Class

18,654

206,686

25,930

256,445

Class R6

3,352,081

37,141,057

3,556,482

35,209,172

Retirement Class

1,870,094

20,627,137

1,783,735

17,569,792

Class W

13,341,193

148,087,246

12,749,850

126,351,017

Total reinvestments of distributions

18,628,005

206,571,360

18,178,176

180,001,479

Redemptions:

Class A

(1,119,039)

(13,244,178)

(1,258,146)

(13,631,299)

Class I

(71,889)

(901,486)

(196,003)

(2,064,704)

Premier Class

(89,520)

(1,079,569)

(426,148)

(4,861,063)

Class R6

(27,022,285)

(339,729,280)

(10,768,719)

(116,109,090)

Retirement Class

(1,122,703)

(13,189,750)

(1,157,062)

(12,120,214)

Class W

(99,059,969)

(1,190,133,231)

(49,676,952)

(541,498,241)

Total redemptions

(128,485,405)

(1,558,277,494)

(63,483,030)

(690,284,611)

Net increase (decrease) from shareholder transactions

(1,075,974)

$

(73,205,360)

70,137,565

$

737,038,099

Year Ended

10/31/25

Year Ended

10/31/24

4.7 International Equity Index

Shares

Value

Shares

Value

Subscriptions:

Class I

2,191,432

$

53,338,253

4,724,391

$

103,492,579

Premier Class

891,265

22,106,052

1,611,816

36,384,051

Class R6

88,472,112

2,178,364,962

161,336,680

3,761,743,231

Retirement Class

11,534,652

301,022,045

10,986,979

261,006,183

Class W

61,744,999

1,496,677,068

58,809,490

1,327,108,831

Total subscriptions

164,834,460

4,051,508,380

237,469,356

5,489,734,875

Reinvestments of distributions:

Class I

232,436

5,341,368

736,710

15,419,337

Premier Class

193,245

4,434,973

210,592

4,403,485

Class R6

18,984,589

436,265,853

16,070,945

336,525,588

Retirement Class

1,906,591

45,014,620

1,745,096

37,519,557

Class W

14,126,546

324,769,297

13,701,259

287,041,379

Total reinvestments of distributions

35,443,407

815,826,111

32,464,602

680,909,346

Redemptions:

Class I

(3,278,994)

(78,320,717)

(21,456,499)

(470,825,932)

Premier Class

(1,167,863)

(28,814,004)

(1,896,029)

(43,929,898)

Class R6

(89,300,346)

(2,235,704,343)

(50,623,810)

(1,152,485,483)

Retirement Class

(3,038,749)

(77,385,866)

(3,205,247)

(73,082,270)

Class W

(89,192,174)

(2,243,097,109)

(44,872,897)

(1,029,429,097)

Total redemptions

(185,978,126)

(4,663,322,039)

(122,054,482)

(2,769,752,680)

Net increase (decrease) from shareholder transactions

14,299,741

$

204,012,452

147,879,476

$

3,400,891,541

Notes to Financial Statements

(continued)

Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in

recognizing gains and losses on investment transactions. Temporary differences do not require reclassification. As of year end,

permanent differences that resulted in reclassifications among the components of net assets relate primarily to deemed dividend

due to corporate actions, foreign currency transactions, foreign taxes paid, investments in passive foreign investment companies,

return of capital and long-term capital gain distributions received from portfolio investments, and tax equalization. Temporary and

permanent differences have no impact on a Fund's net assets.

As of year end, the aggregate cost and the net unrealized appreciation/(depreciation) of all investments for federal income tax

purposes were as follows:

1/2

For purposes of this disclosure, tax cost generally includes the cost of portfolio investments as well as up-front fees or premiums

exchanged on derivatives and any amounts unrealized for income statement reporting but realized income and/or capital gains for tax

reporting, if applicable.

As of year end, the components of accumulated earnings on a tax basis were as follows:

The tax character of distributions paid was as follows:

As of year end, the Funds had capital loss carryforwards, which will not expire:

Fund

Tax Cost

Gross Unrealized

Appreciation

Gross Unrealized

(Depreciation)

Net Unrealized

Appreciation

(Depreciation)

4.1 Equity Index

$19,970,844,937

$37,514,464,317

$(1,212,700,575)

$36,301,763,742

4.2 Large Cap Growth Index

5,330,132,434

13,514,148,656

(144,539,978)

13,369,608,678

4.3 Large Cap Value Index

7,816,301,684

4,555,567,996

(567,493,767)

3,988,074,229

4.4 S&P 500 Index

3,973,490,746

8,851,791,577

(178,211,474)

8,673,580,103

4.5 Small Cap Blend Index

2,491,123,539

1,718,440,858

(435,185,226)

1,283,255,632

4.6 Emerging Markets Equity Index

5,612,169,411

3,791,444,624

(552,455,749)

3,238,988,875

4.7 International Equity Index

22,562,559,042

12,082,005,242

(1,570,834,756)

10,511,170,486

Fund

Undistributed

Ordinary

Income

Undistributed

Long-Term

Capital Gains

Unrealized

Appreciation

(Depreciation)

Capital Loss

Carryforwards

Late-Year

Loss Deferrals

Other

Book-to-Tax

Differences

Total

4.1 Equity Index

$754,773,817

$384,059,209

$36,301,763,742

$–

$–

$(2,919,130)

$37,437,677,638

4.2 Large Cap Growth Index

157,250,644

582,917,130

13,369,608,678

–

–

(919,321)

14,108,857,131

4.3 Large Cap Value Index

232,261,479

387,216,197

3,988,074,228

–

–

(911,513)

4,606,640,391

4.4 S&P 500 Index

124,982,525

129,152,994

8,673,590,679

–

–

(1,026,255)

8,926,699,943

4.5 Small Cap Blend Index

37,367,732

90,437,597

1,283,255,632

–

–

(480,596)

1,410,580,365

4.6 Emerging Markets Equity Index

223,908,388

–

3,163,131,188

(1,158,503,586)

–

(304,407)

2,228,231,583

4.7 International Equity Index

1,175,310,568

–

10,514,341,829

(1,498,154,878)

–

(1,816,024)

10,189,681,495

10/31/25

10/31/24

Fund

Ordinary

Income

Long-Term

Capital Gains

Ordinary

Income

Long-Term

Capital Gains

4.1 Equity Index

$

764,034,898

$

14,144,525

$

603,708,745

$

–

4.2 Large Cap Growth Index

144,749,980

356,375,897

90,391,741

132,489,736

4.3 Large Cap Value Index

220,680,278

89,341,183

326,329,801

89,454,598

4.4 S&P 500 Index

147,171,767

11,868,278

124,412,541

–

4.5 Small Cap Blend Index

72,000,980

154,379,833

57,344,759

44,516,211

4.6 Emerging Markets Equity Index

206,595,336

–

180,034,753

–

4.7 International Equity Index

834,468,923

–

698,158,143

–

Fund

Short-Term

Long-Term

Total

4.1 Equity Index

$

–

$

–

$

–

4.2 Large Cap Growth Index

–

–

–

4.3 Large Cap Value Index

–

–

–

4.4 S&P 500 Index

–

–

–

4.5 Small Cap Blend Index

–

–

–

4.6 Emerging Markets Equity Index

213,370,681

945,132,905

1,158,503,586

4.7 International Equity Index

238,872,327

1,259,282,551

1,498,154,878

8. Investment Adviser and Other Transactions with Affiliates

Under the terms of the Investment Management Agreement with respect to each Fund, the Adviser provides asset management

services to the Fund for an annual fee, payable monthly. The Funds have entered into an Administrative Service Agreement with the

Adviser under which the Funds pay the Adviser for its costs in providing certain administrative and compliance services to the Funds.

The Adviser has agreed to gradually reduce expenses allocated to the Funds under the Administrative Services Agreement over a

three-year period commencing May 1, 2024. After the expiration of this three-year period, the Adviser will no longer allocate expenses

to the Funds under the Administrative Services Agreement.

Under the terms of a Retirement Class Service Agreement with respect to each Fund, the Retirement Class of the Fund incurs an

annual fee of 0.25% of the daily net assets, payable monthly to TIAA, on behalf of Retirement Class shares of the Fund held by or

through TIAA by its clients, or the Adviser, on behalf of all other Retirement Class shares, for certain administrative costs associated

with the maintenance of Retirement Class shares on retirement plan or other platforms. Substantially all of the Retirement Class

shareholder servicing fees reported on the Statement of Operations are paid to TIAA or the Adviser, respectively, under the Service

Agreement.

Nuveen Securities, which is a wholly owned indirect subsidiary of TIAA, distributes the Funds' shares. Under the terms of the

distribution agreement, Nuveen Securities is not compensated. Nuveen Securities does not currently enter into agreements, or

otherwise pay, other intermediaries to sell shares of the Funds. Under the terms of a distribution Rule 12b- 1 plan, Class A shares

of each Fund compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to Class A shares

of the Fund at the annual rate of 0.25% of the average daily net assets attributable to the Fund's Class A shares. The Premier Class

of each Fund is subject to a distribution Rule 12b-1 plan that compensates Nuveen Securities for providing distribution, promotional

and/or shareholder services to the Premier Class of the Fund at the annual rate of 0.15% of the average daily net assets attributable

to the Fund's Premier Class.

The Adviser has contractually agreed to waive and/or reimburse Class W's shares' Management fees and Other expenses (excluding

interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses, trustee expenses and

extraordinary expenses) in their entirety. The Adviser expects this waiver and/or reimbursement to remain in effect indefinitely, unless

changed or terminated with approval of the Board. The Management fees and Other expenses of Class W shares that have been

waived by the Adviser may be incurred directly or indirectly, all or in part, by investors in Class W shares.

The Adviser has agreed to reimburse each Fund if its total expense ratio (excluding interest, taxes, brokerage commissions or other

transactional expenses, acquired fund fees and expenses and extraordinary expenses) exceeds certain percentages. The investment

management fee and maximum expense amounts for each Fund is based on a percentage of average daily net assets according to

the following rates:

The Funds are permitted to purchase or sell securities from or to certain other funds or accounts managed by the Adviser or by an

affiliate of the Adviser (each an, "Affiliated Entity") under specified conditions outlined in procedures adopted by the Board ("cross-

trade"). These procedures have been designed to ensure that any cross-trade of securities by the Fund from or to an Affiliated Entity

by virtue of having a common investment adviser (or affiliated investment adviser), common officer and/or common trustee complies

with Rule 17a-7 under the 1940 Act. These transactions are affected at the current market price (as provided by an independent

pricing service) without incurring broker commissions. During the current fiscal period, the Funds engaged in the following security

transactions with affiliated entities:

Investment

Management Fee

Maximum Expense Amounts‡

Fund

Class A

Class I

Premier Class

Class R6

Retirement

Class

Class W

4.1 Equity Index

0.040%

0.440 %

0.240 %

0.240 %

0.090 %

0.340 %

0.090 %

4.2 Large Cap Growth Index

0.040%

–

0.240 –

0.090 0.340 –

4.3 Large Cap Value Index

0.040%

–

0.240 –

0.090 0.340 –

4.4 S&P 500 Index

0.040%

–

0.240 –

0.090 0.340 –

4.5 Small Cap Blend Index

0.040%

–

0.240 –

0.090 0.340 –

4.6 Emerging Markets Equity Index

0.100%

0.560 0.360 0.360 0.210 0.460 0.210 4.7 International Equity Index

0.040%

–

0.300 0.300 0.150 0.400 0.150 ‡

Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and

extraordinary expenses. The expense reimbursement arrangements will continue through at least February 28, 2026. The reimbursement arrangements can only be changed

with the approval of the Board.

Notes to Financial Statements

(continued)

During the current fiscal period, the Distributor, collected sales charges on purchases of Class A Shares, the majority of which were

paid out as concessions to financial intermediaries as follows:

A registered separate account of TIAA (collectively "TIAA Access") has various sub-accounts that invest in the Funds, and

certain funds within the Trust also make investments in the Funds.

The following is the percentage of the Funds' shares owned by TIAA Access and other funds within the Trust as of the end of the

current fiscal period:

9. Emerging Markets Risks

The Emerging Markets Equity Index Fund holds a large portion of its assets in emerging market securities. Emerging market

securities are often subject to greater price volatility, less liquidity and higher rates of inflation and deflation than U.S. securities. In

addition, emerging markets may be subject to greater political, economic and social uncertainty, and differing regulatory environments

that may potentially impact the Fund's ability to buy or sell certain securities or repatriate proceeds to U.S. dollars.

10. Borrowing Arrangements

Line of Credit:

During June 2025, the Funds along with certain funds managed by the Adviser or by an affiliate of the

Adviser ("Participating Funds"), have established a 364-day, $2.7 billion standby credit facility with a group of lenders, under

which the Participating Funds may borrow for temporary purposes (other than on-going leveraging for investment purposes). Each

Participating Fund is allocated a designated proportion of the facility's capacity (and its associated costs, as described below)

based upon a multi-factor assessment of the likelihood and frequency of its need to draw on the facility, the size of the Fund and its

anticipated draws, and the potential importance of such draws to the operations and well-being of the Fund, relative to those of the

other Funds. A Fund may effect draws on the facility in excess of its designated capacity if and to the extent that other Participating

Funds have undrawn capacity. The credit facility expires in June 2026, unless extended or renewed.

The credit facility has the following terms: 0.15% per annum on unused commitment amounts and a drawn interest rate equal to

the higher of (a) OBFR (Overnight Bank Funding Rate) plus 1.20% per annum or (b) the Fed Funds Effective Rate plus 1.20% per

annum on amounts borrowed. Interest expense incurred by the Participating Funds, when applicable, is recognized as a component

of "Interest expense" on the Statement of Operations. Participating Funds paid administration, legal and arrangement fees, which

are recognized as a component of "Interest expense" on the Statement of Operations, and along with commitment fees, have been

allocated among such Participating Funds based upon the relative proportions of the facility's aggregate capacity reserved for them

and other factors deemed relevant by the Adviser and the Board of each Participating Fund.

Fund

Purchases

Sales

Realized Gain (Loss)

Equity Index

$

434,879,449

$

98,069,911

$

24,766,843

Large Cap Growth Index

372,189,213

97,674,034

827,758

Large Cap Value Index

126,594,065

77,247,826

14,113,599

S&P 500 Index

224,488,232

105,369,770

24,994,879

Small Cap Blend Index

817,531

4,327,946

(57,935)

Emerging Markets Equity Index

14,541,630

14,065,807

(5,400,099)

International Equity Index

254,179,987

18,202,966

(3,090,222)

Fund

Sales Charges Collected

(Unaudited)

Paid to Financial

Intermediaries

(Unaudited)

Equity Index

$

22,153

$

19,701

Large Cap Growth Index

—

—

Large Cap Value Index

—

—

S&P 500 Index

—

—

Small Cap Blend Index

—

—

Emerging Markets Equity Index

—

—

International Equity Index

—

—

Underlying Fund

Nuveen Lifecycle

Index Funds

TIAA Access

Total

4.1 Equity Index

%

%

%

4.2 Large Cap Growth Index

–

4.3 Large Cap Value Index

–

4.4 S&P 500 Index

–

4.5 Small Cap Blend Index

–

4.6 Emerging Markets Equity Index

4.7 International Equity Index

During the current fiscal period, the following Funds utilized this facility. The Fund's maximum outstanding balance during the

utilization period was as follows:

During each Fund's utilization period(s) during the current fiscal period, the daily balance outstanding and average interest rate on the

Borrowings were as follows:

Borrowing outstanding as of the end of the fiscal period, if any, are recognized as "Borrowings" on the Statement of Assets and

Liabilities.

Fund

#### Maximum

#### Outstanding

#### Balance
Equity Index

$

—

Large Cap Growth Index

—

Large Cap Value Index

23,926,936

S&P 500 Index

—

Small Cap Blend Index

—

Emerging Markets Equity Index

—

International Equity Index

—

Fund

Utilization

Period (Days

Outstanding)

Average

Daily Balance

Outstanding

Average Annual

Interest Rate

Equity Index

—

$

—

—

%

Large Cap Growth Index

—

—

—

Large Cap Value Index

23,926,936

5.53 S&P 500 Index

—

—

—

Small Cap Blend Index

—

—

—

Emerging Markets Equity Index

—

—

—

International Equity Index

—

—

—

Important Tax Information

(Unaudited)

As required by the Internal Revenue Code and Treasury Regulations, certain tax information, as detailed below, must be

provided to shareholders. Shareholders are advised to consult their tax advisor with respect to the tax implications of their

investment. The amounts listed below may differ from the actual amounts reported on Form 1099-DIV, which will be sent to

shareholders shortly after calendar year end.

Long-Term Capital Gains

As of year end, each Fund designates the following distribution amounts, or maximum amount allowable, as being from net

long-term capital gains pursuant to Section 852(b)(3) of the Internal Revenue Code:

Dividends Received Deduction (DRD)

Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary income distributions eligible

for the dividends received deduction for corporate shareholders:

Qualified Dividend Income (QDI)

Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary income distributions treated

as qualified dividend income for individuals pursuant to Section 1(h)(11) of the Internal Revenue Code:

Fund

Net Long-Term

Capital Gains

4.1 Equity Index

$

69,833,545

4.2 Large Cap Growth Index

396,140,349

4.3 Large Cap Value Index

128,228,309

4.4 S&P 500 Index

22,774,477

4.5 Small Cap Blend Index

158,909,296

4.6 Emerging Markets Equity Index

–

4.7 International Equity Index

–

Fund

Percentage

4.1 Equity Index

71.6 %

4.2 Large Cap Growth Index

64.3 4.3 Large Cap Value Index

84.7 4.4 S&P 500 Index

85.5 4.5 Small Cap Blend Index

43.6 4.6 Emerging Markets Equity Index

0.2 4.7 International Equity Index

—

Fund

Percentage

4.1 Equity Index

73.8 %

4.2 Large Cap Growth Index

65.0 4.3 Large Cap Value Index

87.8 4.4 S&P 500 Index

88.3 4.5 Small Cap Blend Index

45.1 4.6 Emerging Markets Equity Index

37.0 4.7 International Equity Index

77.8 191

Qualified interest income (QII)

Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary income distributions treated

as qualified interest income and/or short-term capital gain dividends pursuant to Section 871(k) of the Internal Revenue Code:

Foreign Source Income and Foreign Tax Credit Pass Through

Each Fund listed below has made an election under Section 853 of the Internal Revenue Code to pass through foreign taxes

paid:

163(j)

Each Fund listed below had the following percentage, or maximum amount allowable, of ordinary dividends treated as Section

163(j) interest dividends pursuant to Section 163(j) of the Internal Revenue Code:

Fund

Prior Year End to 12/31

Percentage

1/1 to Current Year End

Percentage

4.1 Equity Index

0.3 %

—

%

4.2 Large Cap Growth Index

—

—

4.3 Large Cap Value Index

—

—

4.4 S&P 500 Index

0.5 —

4.5 Small Cap Blend Index

0.2 —

4.6 Emerging Markets Equity Index

0.4 —

4.7 International Equity Index

0.4 —

Fund

Foreign

Source Income

Foreign

Source Income

Per Share

Qualifying

Foreign

Taxes Paid

Qualifying

Foreign Taxes

Paid per Share

4.1 Equity Index

$

—

$

—

$

—

$

—

4.2 Large Cap Growth Index

—

—

—

—

4.3 Large Cap Value Index

—

—

—

—

4.4 S&P 500 Index

—

—

—

—

4.5 Small Cap Blend Index

—

—

—

—

4.6 Emerging Markets Equity Index

208,116,400

0.34045 32,260,914

0.05277 4.7 International Equity Index

933,099,432

0.79484 47,952,309

0.04085 Fund

Percentage

4.1 Equity Index

1.6 %

4.2 Large Cap Growth Index

0.2 4.3 Large Cap Value Index

0.1 4.4 S&P 500 Index

2.8 4.5 Small Cap Blend Index

1.8 4.6 Emerging Markets Equity Index

2.2 4.7 International Equity Index

2.3 ------

---

| | |
|:---|:---|
| **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.**  |

---

Not applicable.

------

---

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

---

The aggregate remuneration paid to the trustees (all of whom are independent) by each Fund is reported as "Trustees fees" on the Statement of Operations under Item 7 of this Form N-CSR.

The Funds do not pay any remuneration to their officers. Remuneration paid to trustees, officers and Teachers Advisors, LLC, the Funds' investment adviser and an affiliate of the Funds' officers, is included in the Statement of Operations under the line items "Trustees fees", "Management fees" and "Administrative service fees" as part of the financial statements filed under Item 7 of this Form N-CSR.

------

---

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

---

Not applicable.

------

---

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

---

Not applicable to open-end investment companies.

------

---

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

---

Not applicable to open-end investment companies.

------

---

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

---

Not applicable to open-end investment companies.

------

---

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

---

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant's Board of Trustees implemented after the registrant last provided disclosure in response to this Item.

------

---

| | |
|:---|:---|
| **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 Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (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 1940 Act (17 CFR 270.30a-3(d)) 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.

------

---

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

---

(a) Not applicable to open-end investment companies.

(b) Not applicable to open-end investment companies.

------

---

| | |
|:---|:---|
| **Item 18.** | **Recovery of Erroneously Awarded Compensation.**  |

---

(a) Not applicable.

(b) Not applicable.

------

---

| | |
|:---|:---|
| **Item 19.** | **Exhibits.**  |

---

 (a)(1) Not applicable because the code of ethics is available, upon request and without charge, by calling 800-257-8787 and there were no amendments during the period covered by this report.<br>(a)(2) Not applicable.<br>(a)(3) [Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.](d20723dex9919a3.htm)<br>(a)(4) Not applicable.<br>(a)(5) Not applicable.<br>(b) [Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 and Section 906 of the Sarbanes-Oxley Act of 2002 is attached hereto.](d20723dex9919b.htm)<br>

------

#### 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.

<u>TIAA-CREF Funds</u> 

---

| | | |
|:---|:---|:---|
| Date: January 7, 2026 | By: | /s/ Jordan M. Farris |
|  |  | Jordan M. Farris |
|  |  | Chief Administrative Officer |

---

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.

---

| | | |
|:---|:---|:---|
| Date: January 7, 2026 | By: | /s/ Jordan M. Farris |
|  |  | Jordan M. Farris |
|  |  | Chief Administrative Officer<br> (principal executive officer)<br>|
| Date: January 7, 2026 | By: | /s/ Marc Cardella |
|  |  | Marc Cardella |
|  |  | Vice President and Controller<br> (principal financial officer) |

---

## Exhibit 99.19

**Exhibit 19(a)(3)** 

**<u>CERTIFICATION</u>**

I, Jordan M. Farris, certify that:

1. I have reviewed this report on Form N-CSR of
TIAA-CREF Funds;

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) 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;&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;&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;&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;&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;&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;&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: January 7, 2026 | By: | /s/ Jordan M. Farris |
|  |  | Jordan M. Farris |
|  |  | Chief Administrative Officer<br> (principal executive officer) |

---

------

**<u>CERTIFICATION</u>**

I, Marc Cardella, certify that:

1. I have reviewed this report on Form N-CSR of
TIAA-CREF Funds;

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) 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;&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;&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;&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;&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;&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;&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.

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| | | |
|:---|:---|:---|
| Date: January 7, 2026 | By: | /s/ Marc Cardella |
|  |  | Marc Cardella |
|  |  | Vice President and Controller<br> (principal financial officer) |

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## Exhibit 99.19

**Exhibit 19(b)** 

**<u>CERTIFICATION</u>**

**Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002** 

**(Subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code)** 

In connection with the annual report of TIAA-CREF Funds (the "Registrant") on Form N-CSR for the period ended October 31, 2025, as filed with the Securities and Exchange Commission (the "Report"), the undersigned officers of the Registrant certify that, to the best of each such officer's knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Report 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;&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the
financial condition and results of operations of the Registrant.

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| | | |
|:---|:---|:---|
| Date: January 7, 2026 | By: | /s/ Jordan M. Farris |
|  |  | Jordan M. Farris |
|  |  | Chief Administrative Officer<br> (principal executive officer)<br>|
| Date: January 7, 2026 | By: | /s/ Marc Cardella |
|  |  | Marc Cardella |
|  |  | Vice President and Controller<br> (principal financial officer) |

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