# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-25-002156
**Filing Date:** 2025-11
**Character Count:** 77039
**Document Hash:** 79e6f44038872bdf6fa34072ba1d55b0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-25-002156.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001004726-25-002156

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20260630

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22696
- **FILM NUMBER:** 251520059

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

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

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

## Series and Classes Contracts Data

### VictoryShares Emerging Markets Value Momentum ETF formerly VictoryShares USAA MSCI Emerging Markets Value Momentum ETF (Series ID: S000065158)

| Class ID   | Class Name                                                                                                             | Ticker Symbol   |
|:---|:---|:---|
| C000210927 | VictoryShares Emerging Markets Value Momentum ETF formerly VictoryShares USAA MSCI Emerging Markets Value Momentum ETF | UEVM            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

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

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

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

- **b. EDGAR series identifier (if any):** S000065158

- **c. LEI of Series:** 549300KFJKPEO1ORBS50

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

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

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $249002907.42

**Total Liabilities:** $2283735.03

**Net Assets:** $246719172.39

**Cash Not Reported:** $965455.23

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000210927 | 1.78%                | 4.39%                | 2.09%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1218783.94              | $1320312.86                                |
| Month 2  | $-19472.76               | $9823092.15                                |
| Month 3  | $8210145.01              | $-4070126.25                               |

### Schedule of Portfolio Investments

| Name                                                             | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                            | INVESCO GVT & AGNCY-INST                           | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    451259 | NS      | $451259.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                             | HSBC US GOVT MMKT-I                                | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    451259 | NS      | $451259.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| KUAISHOU TECHNOLOGY                                              | KUAISHOU TECHNOLOGY                                | CUSIP: N/A<br>LEI: 300300FCDZBE6UP9ED24       | Long             | EC               | CORP              | KY        |     93200 | NS      | $1013238.75   | 0.41%             |  |  |  | Yes           |                  1 | On Loan: No      |
| CATCHER TECHNOLOGY CO., LTD.                                     | CATCHER TECHNOLOGY CO LTD                          | CUSIP: N/A<br>LEI: 5299006PRSCU66N5JF55       | Long             | EC               | CORP              | TW        |    276000 | NS      | $1653209.93   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| BSE Limited                                                      | BSE LTD                                            | CUSIP: N/A<br>LEI: 335800UOTLCPTZQVDA19       | Long             | EC               | CORP              | IN        |     38716 | NS      | $889672.13    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPALA PLATINUM HOLDINGS LIMITED                                 | IMPALA PLATINUM HOLDINGS LTD                       | CUSIP: N/A<br>LEI: 254900BZFIFB4PD2Z778       | Long             | EC               | CORP              | ZA        |     64922 | NS      | $829469.25    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| GAZPROM PJSC                                                     | GAZPROM PJSC                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |    324752 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Pegatron Corporation                                             | PEGATRON CORP                                      | CUSIP: N/A<br>LEI: 529900M87JQS8TUO0L66       | Long             | EC               | CORP              | TW        |    712000 | NS      | $1654509.65   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| 3SBio Inc.                                                       | 3SBIO INC                                          | CUSIP: N/A<br>LEI: 529900P0TQC1E9Y7FN31       | Long             | EC               | CORP              | KY        |    173500 | NS      | $668876.98    | 0.27%             |  |  |  | Yes           |                  1 | On Loan: No      |
| SINOPHARM GROUP CO. LTD.                                         | SINOPHARM GROUP CO LTD                             | CUSIP: N/A<br>LEI: 529900N54X78YH9JYK92       | Long             | EC               | CORP              | CN        |    901376 | NS      | $2124373.32   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| China Life Insurance Company Limited                             | CHINA LIFE INSURANCE CO                            | CUSIP: N/A<br>LEI: 549300J6TFLDXGH6S048       | Long             | EC               | CORP              | CN        |    414256 | NS      | $1176485.55   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| KASIKORNBANK PUBLIC COMPANY LIMITED                              | KASIKORNBANK PCL                                   | CUSIP: N/A<br>LEI: 5493004COSQ54937AW41       | Long             | EC               | CORP              | TH        |    456000 | NS      | $2357407.41   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| NEPI ROCKCASTLE N.V.                                             | NEPI ROCKCASTLE N V                                | CUSIP: N/A<br>LEI: 549300FMWM53K9ULYT15       | Long             | EC               | CORP              | NL        |    252749 | NS      | $2024797.35   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Cemex, S.A.B. de C.V.                                            | CEMEX SAB DE CV                                    | CUSIP: N/A<br>LEI: 549300RIG2CXWN6IV731       | Long             | EC               | CORP              | MX        |   1081761 | NS      | $968891.10    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CSPC PHARMACEUTICAL GROUP LIMITED                                | CSPC PHARMACEUTICAL GROUP LTD                      | CUSIP: N/A<br>LEI: 529900M3XQCW234H8O91       | Long             | EC               | CORP              | HK        |    738000 | NS      | $888631.02    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MTN GROUP LIMITED                                                | MTN GROUP LTD                                      | CUSIP: N/A<br>LEI: 2549009JD6Q6XHZS5E05       | Long             | EC               | CORP              | ZA        |    102992 | NS      | $865112.99    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangxi Copper Company Limited                                   | JIANGXI COPPER CO LTD                              | CUSIP: N/A<br>LEI: 3003002E74YFQ6MEZY56       | Long             | EC               | CORP              | CN        |    425000 | NS      | $1665767.12   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA RESOURCES PHARMACEUTICAL GROUP LIMITED                     | CHINA RESOURCES PHARMACEUTICAL GROUP LTD           | CUSIP: N/A<br>LEI: 3003004H1KDKMJ8JD874       | Long             | EC               | CORP              | HK        |   3236500 | NS      | $2000535.23   | 0.81%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Gentera, S.A.B. de C.V.                                          | GENTERA SAB DE CV                                  | CUSIP: N/A<br>LEI: 4469000001ECOWXFNE33       | Long             | EC               | CORP              | MX        |    327377 | NS      | $849082.97    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW CHINA LIFE INSURANCE COMPANY LTD.                            | NEW CHINA LIFE INS CO LTD                          | CUSIP: N/A<br>LEI: 300300F2001111000095       | Long             | EC               | CORP              | CN        |    174700 | NS      | $1036296.95   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| AAC TECHNOLOGIES HOLDINGS INC.                                   | AAC TECHNOLOGIES HOLDINGS INC                      | CUSIP: N/A<br>LEI: 549300SKEDE1VKS0A552       | Long             | EC               | CORP              | KY        |    158371 | NS      | $930887.79    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Simcere Pharmaceutical Group Ltd                                 | SIMCERE PHARMACEUTICAL GROUP LTD                   | CUSIP: N/A<br>LEI: 254900WU599EZJIML194       | Long             | EC               | CORP              | HK        |    503000 | NS      | $814449.28    | 0.33%             |  |  |  | Yes           |                  1 | On Loan: No      |
| LATAM Airlines Group S.A.                                        | LATAM AIRLINES GROUP SA                            | CUSIP: N/A<br>LEI: 549300HX3UUDPEFTG707       | Long             | EC               | CORP              | CL        |  53175883 | NS      | $1209070.99   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SEVERSTAL PJSC                                                   | SEVERSTAL PJSC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |     37552 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| JD Health International Inc                                      | JD HEALTH INTERNATIONAL INC                        | CUSIP: G5074A100<br>LEI: 254900OM3MAXYK8PCC84 | Long             | EC               | CORP              | KY        |    123850 | NS      | $1058383.77   | 0.43%             |  |  |  | Yes           |                  1 | On Loan: No      |
| CHINA MINSHENG BANKING CORP., LTD.                               | CHINA MINSHENG BANKING CORP LTD                    | CUSIP: N/A<br>LEI: 549300HBUGSQD1VCXG94       | Long             | EC               | CORP              | CN        |   3067916 | NS      | $1620357.35   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| SANY HEAVY EQUIPMENT INTERNATIONAL HOLDINGS COMPANY LIMITED      | SANY HEAVY EQUIPMENT INTERNATIONAL HOLDINGS CO LTD | CUSIP: N/A<br>LEI: 254900BKG9FQLCKFVK72       | Long             | EC               | CORP              | KY        |   1384000 | NS      | $1445946.26   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Wanguo Gold Group Ltd                                            | WANGUO GOLD GROUP LTD                              | CUSIP: N/A<br>LEI: 984500A4815DA9DE4623       | Long             | EC               | CORP              | KY        |    202000 | NS      | $1008741.02   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| YANG MING MARINE TRANSPORT CORPORATION                           | YANG MING MARINE TRANSPORT CORP                    | CUSIP: N/A<br>LEI: 254900WG2ACWNVSP6E13       | Long             | EC               | CORP              | TW        |    660000 | NS      | $1148089.80   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Yankuang Energy Group Company Limited                            | Yankuang Energy Group Co LTD                       | CUSIP: N/A<br>LEI: 3003005N7A6HYZ4Z0K39       | Long             | EC               | CORP              | CN        |   1277454 | NS      | $1671162.05   | 0.68%             |  |  |  | No            |                  1 | On Loan: —       |
| China CITIC Financial Asset Management Co., Ltd.                 | CHINA CITIC FINANCIAL ASSET MANAGEMENT CO LTD      | CUSIP: N/A<br>LEI: 300300D2000111000062       | Long             | EC               | CORP              | CN        |   7402000 | NS      | $989254.28    | 0.40%             |  |  |  | Yes           |                  1 | On Loan: No      |
| GDS HOLDINGS LIMITED                                             | GDS HOLDINGS LTD                                   | CUSIP: N/A<br>LEI: 391200MGV8DDCHTN2R77       | Long             | EC               | CORP              | KY        |    149700 | NS      | $771036.66    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTE Corporation                                                  | ZTE CORP H                                         | CUSIP: N/A<br>LEI: 3003004FBGVVG1CW5U45       | Long             | EC               | CORP              | CN        |    176400 | NS      | $804734.18    | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| China Shenhua Energy Company Limited                             | CHINA SHENHUA ENERGY CO LTD                        | CUSIP: N/A<br>LEI: 529900N9JOX4C108MA40       | Long             | EC               | CORP              | CN        |    388439 | NS      | $1856911.83   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| PHOSAGRO PJSC                                                    | PHOSAGRO PJSC                                      | CUSIP: 71922G308<br>LEI: N/A                  | Long             |  | CORP              | RU        |     35202 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CD Projekt SA                                                    | CD PROJEKT SA                                      | CUSIP: N/A<br>LEI: 259400TYO5Q8SH8TL437       | Long             | EC               | CORP              | PL        |     13303 | NS      | $990438.59    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Solution Holding Co Ltd                          | ADVANCED ENERGY SOLUTION HOLDING CO LTD            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     18000 | NS      | $685309.18    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| XIAOMI CORPORATION                                               | XIAOMI CORP                                        | CUSIP: N/A<br>LEI: 2549001ACVFAZRNMKL32       | Long             | EC               | CORP              | KY        |    147200 | NS      | $1021473.46   | 0.41%             |  |  |  | Yes           |                  1 | On Loan: No      |
| ASELSAN ELEKTRONIK SANAYI VE TICARET ANONIM SIRKETI              | ASELSAN ELEKTRONIK SANAYI VE TICARET AS            | CUSIP: N/A<br>LEI: 7890008XT4M710MU8714       | Long             | EC               | CORP              | TR        |    173602 | NS      | $898037.88    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA HONGQIAO GROUP LIMITED                                     | CHINA HONGQIAO GROUP LTD                           | CUSIP: N/A<br>LEI: 3003009Q4IBFSDE24571       | Long             | EC               | CORP              | KY        |    377000 | NS      | $1279969.67   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MiTAC Holdings Corporation                                       | MITAC HOLDINGS CORP                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    312500 | NS      | $899509.32    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF CHINA LIMITED                                            | BANK OF CHINA LTD                                  | CUSIP: N/A<br>LEI: 54930053HGCFWVHYZX42       | Long             | EC               | CORP              | CN        |   4226882 | NS      | $2313956.76   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| LONGFOR GROUP HOLDINGS LIMITED                                   | LONGFOR GROUP HOLDINGS LTD                         | CUSIP: N/A<br>LEI: 254900UJX27B2F1JYR13       | Long             | EC               | CORP              | KY        |    934927 | NS      | $1427314.44   | 0.58%             |  |  |  | Yes           |                  1 | On Loan: No      |
| JD LOGISTICS, INC.                                               | JD LOGISTICS INC                                   | CUSIP: N/A<br>LEI: 655600LWTFVMV3E2A890       | Long             | EC               | CORP              | KY        |    692400 | NS      | $1165611.63   | 0.47%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Zhejiang Leapmotor Technology Co Ltd                             | ZHEJIANG LEAPMOTOR TECHNOLOGY CO LTD               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     96800 | NS      | $825356.93    | 0.33%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Postal Savings Bank of China Co., Ltd.                           | POSTAL SAVINGS BANK OF CHINA CO LTD                | CUSIP: N/A<br>LEI: 300300C1040311005298       | Long             | EC               | CORP              | CN        |   3310771 | NS      | $2322989.79   | 0.94%             |  |  |  | Yes           |                  1 | On Loan: No      |
| GF Securities Co., Ltd.                                          | GF SECURITIES CO LTD                               | CUSIP: N/A<br>LEI: 3003007E0Y3ZJ5HNA936       | Long             | EC               | CORP              | CN        |    517000 | NS      | $1348689.87   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co., Ltd.                                       | HAIER SMART HOME CO LTD                            | CUSIP: N/A<br>LEI: 3003002BYTNGNJTWSH07       | Long             | EC               | CORP              | CN        |    402524 | NS      | $1310762.19   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| WUXI BIOLOGICS (CAYMAN) INC.                                     | WUXI BIOLOGICS CAYMAN INC                          | CUSIP: N/A<br>LEI: 5493001TD2TH6VDTJU11       | Long             | EC               | CORP              | KY        |    201500 | NS      | $1061139.60   | 0.43%             |  |  |  | Yes           |                  1 | On Loan: No      |
| PT Alamtri Resources Indonesia Tbk                               | ALAMTRI RESOURCES INDONESIA TB                     | CUSIP: N/A<br>LEI: 529900P2WAH7XA87OI24       | Long             | EC               | CORP              | ID        |  11176500 | NS      | $1133750.60   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| GERDAU S.A.                                                      | GERDAU SA PREF                                     | CUSIP: N/A<br>LEI: 254900YDV6SEQQPZVG24       | Long             | EC               | CORP              | BR        |    345884 | NS      | $1079567.29   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencosud S.A.                                                    | CENCOSUD SA                                        | CUSIP: N/A<br>LEI: 549300NLTGCFV7482429       | Long             | EC               | CORP              | CL        |    460257 | NS      | $1309915.81   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERGLOBE AVIATION LIMITED                                      | INTERGLOBE AVIATION LTD                            | CUSIP: N/A<br>LEI: 33580079R8SLLO23XD19       | Long             | EC               | CORP              | IN        |     28803 | NS      | $1814954.59   | 0.74%             |  |  |  | Yes           |                  1 | On Loan: No      |
| WAN HAI LINES LTD.                                               | WAN HAI LINES LTD                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    393000 | NS      | $958379.28    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA LONGYUAN POWER GROUP CORPORATION LIMITED                   | CHINA LONGYUAN POWER GROUP CORP LTD                | CUSIP: N/A<br>LEI: 5299008UYLF3O6V9T464       | Long             | EC               | CORP              | CN        |   2216000 | NS      | $2366444.35   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Aluminum Corporation of China Limited                            | ALUMINUM CORP OF CHINA LTD                         | CUSIP: N/A<br>LEI: 529900TKZUWQLIQN6T48       | Long             | EC               | CORP              | CN        |   1320000 | NS      | $1368903.97   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| EVA AIRWAYS CORPORATION                                          | EVA AIRWAYS CORP                                   | CUSIP: N/A<br>LEI: 254900S1P4XOXV67GC07       | Long             | EC               | CORP              | TW        |   1170000 | NS      | $1463076.01   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AviChina Industry & Technology Company Limited                   | AVICHINA INDUSTRY TECHNOLOGY CO LTD                | CUSIP: N/A<br>LEI: 5299003TVA3JVDKJGF39       | Long             | EC               | CORP              | CN        |   2066000 | NS      | $1157556.83   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Fibra Uno Administracion S.C.                                    | FIBRA UNO ADMINISTRACION SA DE CV                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |    755905 | NS      | $1114217.30   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| FF GROUP                                                         | FF GROUP                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | GR        |     14913 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| EVERGREEN MARINE CORP. (TAIWAN) LTD.                             | EVERGREEN MARINE CORP TAIWAN LTD                   | CUSIP: N/A<br>LEI: 254900EIJA0A39C5SO15       | Long             | EC               | CORP              | TW        |    204400 | NS      | $1200853.35   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinotruk (Hong Kong) Limited                                     | SINOTRUK HONG KONG LTD                             | CUSIP: N/A<br>LEI: 529900BB4WA4W576X724       | Long             | EC               | CORP              | HK        |    470500 | NS      | $1388215.94   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| PT United Tractors Tbk                                           | UNITED TRACTORS TBK PT                             | CUSIP: N/A<br>LEI: 529900N9ELYOWQV4FW14       | Long             | EC               | CORP              | ID        |    977900 | NS      | $1571625.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| China Coal Energy Company Limited                                | CHINA COAL ENERGY CO LTD                           | CUSIP: N/A<br>LEI: 529900KRC89344UI3Z10       | Long             | EC               | CORP              | CN        |   1338404 | NS      | $1597822.22   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| OUTsurance Group Limited                                         | OUTSURANCE GROUP LTD                               | CUSIP: N/A<br>LEI: 984500AC307E8L2D9X52       | Long             | EC               | CORP              | ZA        |    345856 | NS      | $1436533.67   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                                       | MSILF GOVERNMENT-INST                              | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    451259 | NS      | $451259.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co., Ltd.                                 | ASE TECHNOLOGY HOLDING CO LTD                      | CUSIP: N/A<br>LEI: 300300GO8QHPMV87NZ73       | Long             | EC               | CORP              | TW        |    261000 | NS      | $1404883.81   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| China Tower Corporation Limited                                  | CHINA TOWER CORP LTD                               | CUSIP: N/A<br>LEI: 300300T6BNNP0L7O7H91       | Long             | EC               | CORP              | CN        |   1356828 | NS      | $2001668.72   | 0.81%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Tsingtao Brewery Company Limited                                 | TSINGTAO BREWERY CO LTD                            | CUSIP: N/A<br>LEI: 300300OJ7D0Q1ESE8L15       | Long             | EC               | CORP              | CN        |    264000 | NS      | $1798064.69   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| AGRICULTURAL BANK OF CHINA LIMITED                               | AGRICULTURAL BANK OF CHINA LTD                     | CUSIP: N/A<br>LEI: 549300E7TSGLCOVSY746       | Long             | EC               | CORP              | CN        |   3035722 | NS      | $2048079.53   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Companhia de Saneamento do Parana - Sanepar                      | CIA DE SANEAMENTO DO PA UNIT                       | CUSIP: N/A<br>LEI: 254900SZW9X2D21A7X94       | Long             |  | CORP              | BR        |    201200 | NS      | $1400766.67   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CEZ, a.s.                                                        | CEZ AS                                             | CUSIP: N/A<br>LEI: 529900S5R9YHJHYKKG94       | Long             | EC               | CORP              | CZ        |     28468 | NS      | $1768002.51   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIC Securities Company Limited                                 | CITIC SECURITIES CO LTD                            | CUSIP: N/A<br>LEI: 300300E1006744000068       | Long             | EC               | CORP              | CN        |    307434 | NS      | $1216825.01   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| INNER MONGOLIA YITAI COAL CO.,LTD.                               | INNER MONGOLIA YITAI COAL CO LTD                   | CUSIP: N/A<br>LEI: 529900OW9OHPX81B0T69       | Long             | EC               | CORP              | CN        |    961700 | NS      | $1842617.20   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V.              | GRUPO AEROPORTUARIO DEL CENTRO NORTE SAB DE CV     | CUSIP: N/A<br>LEI: 529900HUSBARAFSXJ605       | Long             | EC               | CORP              | MX        |     89980 | NS      | $1164548.23   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| HUATAI SECURITIES CO.,LTD.                                       | HUATAI SECURITIES CO LTD                           | CUSIP: N/A<br>LEI: 3003009ABT0UCWO79Q77       | Long             | EC               | CORP              | CN        |    468200 | NS      | $1238232.78   | 0.50%             |  |  |  | Yes           |                  1 | On Loan: No      |
| CHINA CONSTRUCTION BANK CORPORATION                              | CHINA CONSTRUCTION BANK CORP                       | CUSIP: N/A<br>LEI: 5493001KQW6DM7KEDR62       | Long             | EC               | CORP              | CN        |   2141000 | NS      | $2057992.47   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Cibest S.A.                                                | GRUPO CIBEST SA                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CO        |     91369 | NS      | $1190595.58   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sichuan Kelun-Biotech Biopharmaceutical Co Ltd                   | SICHUAN KELUN BIOTECH BIOPHARMACEUTICAL CO LTD     | CUSIP: Y793HA102<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14300 | NS      | $944549.39    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| EMBRAER S.A.                                                     | EMBRAER SA                                         | CUSIP: N/A<br>LEI: 549300EM51WYXFHUY333       | Long             | EC               | CORP              | BR        |     52300 | NS      | $789064.96    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co., Ltd.                                   | CHINA MERCHANTS BANK CO LTD                        | CUSIP: N/A<br>LEI: 549300MKO5B60FFIHF58       | Long             | EC               | CORP              | CN        |    279384 | NS      | $1678810.01   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| HYPERA S.A.                                                      | HYPERA SA                                          | CUSIP: N/A<br>LEI: 25490092WKPBKTIZX403       | Long             | EC               | CORP              | BR        |    225800 | NS      | $964435.05    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander-Chile                                            | BANCO SANTANDER CHILE                              | CUSIP: N/A<br>LEI: 3YJP8HORPAEXJ80D6368       | Long             | EC               | CORP              | CL        |  29002074 | NS      | $1921842.36   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Compal Electronics, Inc.                                         | COMPAL ELECTRONICS INC                             | CUSIP: N/A<br>LEI: 529900ZPKWFDL21LW166       | Long             | EC               | CORP              | TW        |   1504000 | NS      | $1599369.83   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ENKA INSAAT VE SANAYI ANONIM SIRKETI                             | ENKA INSAAT VE SANAYI AS                           | CUSIP: N/A<br>LEI: 789000EE9HXTYDRH9O46       | Long             | EC               | CORP              | TR        |    472684 | NS      | $800654.29    | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| BYD COMPANY LIMITED                                              | BYD CO LTD                                         | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |     71750 | NS      | $1016082.60   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED MICROELECTRONICS CORP.                                    | UNITED MICROELECTRONICS CORP                       | CUSIP: N/A<br>LEI: 391200YJCAGH9LF96P73       | Long             | EC               | CORP              | TW        |   1319000 | NS      | $1971919.72   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Shandong Gold Mining Co., Ltd.                                   | SHANDONG GOLD MINING CO LTD                        | CUSIP: N/A<br>LEI: 300300KC2K8BC07OSV77       | Long             | EC               | CORP              | CN        |    270750 | NS      | $1285259.65   | 0.52%             |  |  |  | Yes           |                  1 | On Loan: No      |
| China Petroleum & Chemical Corporation                           | CHINA PETROLEUM CHEMICAL CORP                      | CUSIP: N/A<br>LEI: 529900A2OB24EZ5B3J19       | Long             | EC               | CORP              | CN        |   4460543 | NS      | $2321497.76   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| BHARAT ELECTRONICS LIMITED                                       | BHARAT ELECTRONICS LTD                             | CUSIP: N/A<br>LEI: 335800HS8AOTM9W1F335       | Long             | EC               | CORP              | IN        |    390046 | NS      | $1774639.73   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Pop Mart International Group Ltd                                 | POP MART INTERNATIONAL GROUP LTD                   | CUSIP: N/A<br>LEI: 9845000A05E8F937E337       | Long             | EC               | CORP              | KY        |     20000 | NS      | $685711.35    | 0.28%             |  |  |  | Yes           |                  1 | On Loan: No      |
| COROMANDEL INTERNATIONAL LIMITED                                 | COROMANDEL INTERNATIONAL LTD                       | CUSIP: N/A<br>LEI: 335800U73K3HJSQKT249       | Long             | EC               | CORP              | IN        |     51734 | NS      | $1310136.05   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NASPERS LIMITED                                                  | NASPERS LTD                                        | CUSIP: N/A<br>LEI: 21380044BQ8812EEKT59       | Long             | EC               | CORP              | ZA        |      3099 | NS      | $1122866.21   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Komercni banka, a.s.                                             | KOMERCNI BANKA AS                                  | CUSIP: N/A<br>LEI: IYKCAVNFR8QGF00HV840       | Long             | EC               | CORP              | CZ        |     29521 | NS      | $1480109.97   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ORLEN SPOLKA AKCYJNA                                             | ORLEN SA                                           | CUSIP: N/A<br>LEI: 259400VVMM70CQREJT74       | Long             | EC               | CORP              | PL        |     58811 | NS      | $1400508.57   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ANHUI CONCH CEMENT COMPANY LIMITED                               | ANHUI CONCH CEMENT CO LTD                          | CUSIP: N/A<br>LEI: 300300JVKW56SSAEQZ33       | Long             | EC               | CORP              | CN        |    471581 | NS      | $1424130.14   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| PT Astra International Tbk                                       | ASTRA INTERNATIONAL TBK PT                         | CUSIP: N/A<br>LEI: 529900L49TRJOMG4DK47       | Long             | EC               | CORP              | ID        |   5038900 | NS      | $1746677.52   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA EVERBRIGHT BANK COMPANY LIMITED                            | CHINA EVERBRIGHT BANK CO LTD                       | CUSIP: N/A<br>LEI: 549300U6PKQ4H1P34E17       | Long             | EC               | CORP              | CN        |   4245000 | NS      | $1767454.41   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| PHOSAGRO PUBLIC JOINT                                            | PHOSAGRO PUBLIC JOINT                              | CUSIP: 71922G407<br>LEI: N/A                  | Long             |  | CORP              | US        |       227 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Companhia Energetica de Minas Gerais - CEMIG                     | CIA ENERGETICA DE MINAS GERAIS                     | CUSIP: N/A<br>LEI: 254900W703PXLDSEM056       | Long             | EC               | CORP              | BR        |    671490 | NS      | $1406902.59   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| SCB X PUBLIC COMPANY LIMITED                                     | SCB X PCL                                          | CUSIP: N/A<br>LEI: 254900TG41KIWX7VDO42       | Long             | EC               | CORP              | TH        |    632900 | NS      | $2510112.65   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PT Aneka Tambang Tbk                                             | ANEKA TAMBANG TBK                                  | CUSIP: N/A<br>LEI: 529900LRE2NALSSHMB80       | Long             | EC               | CORP              | ID        |   4987500 | NS      | $946008.40    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| TINGYI (CAYMAN ISLANDS) HOLDING CORP.                            | TINGYI CAYMAN ISLANDS HOLDING CORP                 | CUSIP: N/A<br>LEI: 5299009MPI9B60VN4P25       | Long             | EC               | CORP              | KY        |   1088000 | NS      | $1456874.46   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.COM, INC.                                                     | JD COM INC                                         | CUSIP: N/A<br>LEI: 549300HVTWB0GJZ16V92       | Long             | EC               | CORP              | KY        |     70350 | NS      | $1252101.08   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| INTER RAO UES PJSC                                               | INTER RAO UES PJSC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |  23475472 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| InnoCare Pharma Ltd                                              | INNOCARE PHARMA LTD                                | CUSIP: N/A<br>LEI: 3003001NYJPPWIEOJT79       | Long             | EC               | CORP              | KY        |    360000 | NS      | $866031.84    | 0.35%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Bank of Communications Co., Ltd.                                 | BANK OF COMMUNICATIONS CO LTD                      | CUSIP: N/A<br>LEI: 549300AX1UM10U30HK09       | Long             | EC               | CORP              | CN        |   2831370 | NS      | $2375939.20   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Insurance (Group) Company of China, Ltd.                 | PING AN INSURANCE GROUP CO OF CHINA LTD            | CUSIP: N/A<br>LEI: 529900M9MC28JLN35U89       | Long             | EC               | CORP              | CN        |    212500 | NS      | $1448671.24   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| TIGER BRANDS LIMITED                                             | TIGER BRANDS LTD                                   | CUSIP: N/A<br>LEI: 529900C57HAFZAHHBC90       | Long             | EC               | CORP              | ZA        |     87457 | NS      | $1564288.84   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Marfrig Global Foods S.A.                                        | MBRF GLOBAL FOODS COMPANY SA                       | CUSIP: N/A<br>LEI: 391200219USWMOBN3F92       | Long             | EC               | CORP              | BR        |    123300 | NS      | $449947.57    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Zijin Mining Group Company Limited                               | ZIJIN MINING GROUP CO LTD                          | CUSIP: N/A<br>LEI: 836800JRNL2393Z2I561       | Long             | EC               | CORP              | CN        |    387912 | NS      | $1625085.93   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| GODFREY PHILLIPS INDIA LIMITED                                   | GODFREY PHILLIPS INDIA LTD                         | CUSIP: N/A<br>LEI: 335800G5RNAHTNVKE518       | Long             | EC               | CORP              | IN        |     18003 | NS      | $686186.23    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HUA HONG SEMICONDUCTOR LIMITED                                   | HUA HONG SEMICONDUCTOR LTD                         | CUSIP: N/A<br>LEI: 529900OXH3ZYLIMGB907       | Long             | EC               | CORP              | HK        |    101000 | NS      | $1038333.53   | 0.42%             |  |  |  | Yes           |                  1 | On Loan: No      |
| ZHONGSHENG GROUP HOLDINGS LIMITED                                | ZHONGSHENG GROUP HOLDINGS LTD                      | CUSIP: N/A<br>LEI: 3003005VYMEBAJNJ2Y26       | Long             | EC               | CORP              | KY        |    495000 | NS      | $927445.16    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding S.A.                                       | ITAU UNIBANCO HOLDING S PREF                       | CUSIP: N/A<br>LEI: 5493002W2IVG62O3ZJ94       | Long             | EC               | CORP              | BR        |    202100 | NS      | $1483745.23   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| J&T Global Express Limited                                       | J T GLOBAL EXPRESS LTD                             | CUSIP: G4990A104<br>LEI: 2549009MQXHGQY558V11 | Long             | EC               | CORP              | KY        |    896200 | NS      | $1126339.49   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| UNI-PRESIDENT CHINA HOLDINGS LTD.                                | UNI PRESIDENT CHINA HOLDINGS LTD                   | CUSIP: N/A<br>LEI: 529900JUA05094TOKA73       | Long             | EC               | CORP              | KY        |   1178000 | NS      | $1244350.21   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Midea Group Co., Ltd.                                            | MIDEA GROUP CO LTD                                 | CUSIP: N/A<br>LEI: 3003003TRPHLHZD2IF61       | Long             | EC               | CORP              | CN        |    139300 | NS      | $1472355.01   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SBERBANK OF RUSSIA PJSC                                          | SBERBANK OF RUSSIA PJSC                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |    177888 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SMOORE INTERNATIONAL HOLDINGS LIMITED                            | SMOORE INTERNATIONAL HOLDINGS LTD                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    300000 | NS      | $679671.54    | 0.28%             |  |  |  | Yes           |                  1 | On Loan: No      |
| GENTING BERHAD                                                   | GENTING BHD                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |   2799500 | NS      | $1943542.56   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| GROWTHPOINT PROPERTIES LIMITED                                   | GROWTHPOINT PROPERTIES LTD                         | CUSIP: N/A<br>LEI: 37890019DD1E46632291       | Long             | EC               | CORP              | ZA        |   1984561 | NS      | $1693435.03   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| FOXCONN TECHNOLOGY CO., LTD                                      | FOXCONN TECHNOLOGY CO LTD                          | CUSIP: N/A<br>LEI: 3003003OO8QC88ZHCE44       | Long             | EC               | CORP              | TW        |    534000 | NS      | $1232118.94   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Laopu Gold Co Ltd                                                | LAOPU GOLD CO LTD                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      7100 | NS      | $649626.69    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPKOR HOLDINGS LIMITED                                          | PEPKOR HOLDINGS LTD                                | CUSIP: N/A<br>LEI: 3789006D677C34F69875       | Long             | EC               | CORP              | ZA        |    818892 | NS      | $1153222.02   | 0.47%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Richter Gedeon Vegyeszeti Gyar Nyilvanosan Mukodo Rt.            | RICHTER GEDEON NYRT                                | CUSIP: N/A<br>LEI: 549300J6ZJW5IH4WEE46       | Long             | EC               | CORP              | HU        |     52189 | NS      | $1589797.66   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| United Integrated Services Co Ltd                                | UNITED INTEGRATED SERVICES                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     30000 | NS      | $882237.10    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED CO RUSAL INTERNATIONAL PJSC                               | UNITED CO RUSAL INTERNATIONAL PJSC                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |    555630 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| BIZLINK HOLDING INC.                                             | BIZLINK HOLDING INC                                | CUSIP: N/A<br>LEI: 213800YAKRFVU5XOX138       | Long             | EC               | CORP              | KY        |     24375 | NS      | $824020.28    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| PORTO SEGURO S.A.                                                | PORTO SEGURO SA                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    134600 | NS      | $1261092.51   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA PACIFIC INSURANCE (GROUP) CO., LTD.                        | CHINA PACIFIC INSURANCE GROUP CO LTD               | CUSIP: N/A<br>LEI: 529900BA5ILEL308WX03       | Long             | EC               | CORP              | CN        |    252554 | NS      | $1005451.63   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Pou Chen Corporation                                             | POU CHEN CORP                                      | CUSIP: N/A<br>LEI: 25490027LIXQ7W4PBH18       | Long             | EC               | CORP              | TW        |   1486000 | NS      | $1407086.12   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| LLOYDS METALS AND ENERGY LIMITED                                 | LLOYDS METALS ENERGY LTD                           | CUSIP: N/A<br>LEI: 335800T4YOINEGMM8W27       | Long             | EC               | CORP              | IN        |     79555 | NS      | $1097666.29   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NARAYANA HRUDAYALAYA LIMITED                                     | NARAYANA HRUDAYALAYA LTD                           | CUSIP: N/A<br>LEI: 3358005539O9QRRIAM19       | Long             | EC               | CORP              | IN        |     74450 | NS      | $1457072.86   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| GUOTAI HAITONG SECURITIES CO., LTD.                              | GUOTAI HAITONG SECURITIES CO LTD                   | CUSIP: N/A<br>LEI: 300300E1005431000017       | Long             | EC               | CORP              | CN        |    611800 | NS      | $1262642.87   | 0.51%             |  |  |  | Yes           |                  1 | On Loan: No      |
| HUANENG POWER INTERNATIONAL, INC.                                | HUANENG POWER INTERNATIONAL INC                    | CUSIP: N/A<br>LEI: 529900WU0SMVKMPG4V21       | Long             | EC               | CORP              | CN        |   3051420 | NS      | $2125332.05   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifico, S.A.B. de C.V.                 | GRUPO AEROPORT DEL PACIFIC B                       | CUSIP: N/A<br>LEI: 4469000001BZ368XFI90       | Long             | EC               | CORP              | MX        |     50404 | NS      | $1191660.06   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Quimica y Minera de Chile S.A.                          | SOC QUIMICA Y MINERA CHILE B                       | CUSIP: N/A<br>LEI: TJ88LXZZW5PWIN93ZC81       | Long             | EC               | CORP              | CL        |     17514 | NS      | $756070.15    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Weichai Power Co., Ltd.                                          | WEICHAI POWER CO LTD                               | CUSIP: N/A<br>LEI: 529900OKTPKBG85F9502       | Long             | EC               | CORP              | CN        |    636675 | NS      | $1141346.52   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED                  | INDUSTRIAL COMMERCIAL BANK OF CHINA LTD            | CUSIP: N/A<br>LEI: 5493002ERZU2K9PZDL40       | Long             | EC               | CORP              | CN        |   3056191 | NS      | $2254332.13   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTVS S.A.                                                       | TOTVS SA                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    135800 | NS      | $1172049.16   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BAIDU, INC.                                                      | BAIDU INC                                          | CUSIP: N/A<br>LEI: 254900AL64IANZYI1E02       | Long             | EC               | CORP              | KY        |    106800 | NS      | $1828104.40   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| GAMUDA BERHAD                                                    | GAMUDA BHD                                         | CUSIP: N/A<br>LEI: 254900RW4N94L9KA9137       | Long             | EC               | CORP              | MY        |   1061400 | NS      | $1395516.41   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| XD INC.                                                          | XD INC                                             | CUSIP: N/A<br>LEI: 655600SO97YJOKFJGL95       | Long             | EC               | CORP              | KY        |     76600 | NS      | $799793.10    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| The People's Insurance Company (Group) of China Limited          | PEOPLE S INSURANCE CO GROUP OF CHINA LTD THE       | CUSIP: N/A<br>LEI: 3003000P2JHYHQ524P66       | Long             | EC               | CORP              | CN        |   1523937 | NS      | $1333643.16   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND                   | GLDMN SCHS FIN SQ GV-FST                           | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    451259 | NS      | $451259.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag | MOL HUNGARIAN OIL GAS PLC                          | CUSIP: N/A<br>LEI: 213800R83KX5FQFGXS67       | Long             | EC               | CORP              | HU        |    190096 | NS      | $1545349.25   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| OTP Bank Nyrt.                                                   | OTP BANK PLC                                       | CUSIP: N/A<br>LEI: 529900W3MOO00A18X956       | Long             | EC               | CORP              | HU        |     14344 | NS      | $1239973.91   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP   | CIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO    | CUSIP: N/A<br>LEI: 254900UOXRZRS2TNWP19       | Long             | EC               | CORP              | BR        |     54500 | NS      | $1353564.65   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEFONICA BRASIL S.A                                            | TELEFONICA BRASIL SA                               | CUSIP: N/A<br>LEI: 529900MTGG2HSDBIWG79       | Long             | EC               | CORP              | BR        |    206600 | NS      | $1322671.70   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Charoen Pokphand Foods Public Company Limited                    | CHAROEN POKPHAND FOODS PCL                         | CUSIP: N/A<br>LEI: 529900FJ3AI2GKGIWK15       | Long             | EC               | CORP              | TH        |   2077700 | NS      | $1430021.91   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro S.A. (Petrobras)                             | PETROLEO BRASILEIRO SA                             | CUSIP: N/A<br>LEI: 5493000J801JZRCMFE49       | Long             | EC               | CORP              | BR        |    226000 | NS      | $1336031.72   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Akeso Inc                                                        | AKESO INC                                          | CUSIP: N/A<br>LEI: 254900ECWYGR3QW5GF30       | Long             | EC               | CORP              | KY        |     37000 | NS      | $671370.01    | 0.27%             |  |  |  | Yes           |                  1 | On Loan: No      |
| TIM S.A.                                                         | TIM SA BRAZIL                                      | CUSIP: N/A<br>LEI: 529900QI0CH1DN5ZCS77       | Long             | EC               | CORP              | BR        |    270500 | NS      | $1194496.12   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Lenovo Group Limited                                             | LENOVO GROUP LTD                                   | CUSIP: N/A<br>LEI: 254900VUZRGD5U73RE46       | Long             | EC               | CORP              | HK        |    670000 | NS      | $994448.51    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| FORCE MOTORS LIMITED                                             | FORCE MOTORS LTD                                   | CUSIP: N/A<br>LEI: 33580016Z4KICZI73L36       | Long             | EC               | CORP              | IN        |      4263 | NS      | $806421.51    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| WT MICROELECTRONICS CO., LTD.                                    | WT MICROELECTRONICS CO LTD                         | CUSIP: N/A<br>LEI: 549300B9CGCS0W06W129       | Long             | EC               | CORP              | TW        |    321000 | NS      | $1480257.98   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ASUSTEK COMPUTER INCORPORATION                                   | ASUSTEK COMPUTER INC                               | CUSIP: N/A<br>LEI: 254900B3WB4OGRB7HM13       | Long             | EC               | CORP              | TW        |     58000 | NS      | $1277340.16   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| DISCOVERY LIMITED                                                | DISCOVERY LTD                                      | CUSIP: N/A<br>LEI: 378900245A26169C8132       | Long             | EC               | CORP              | ZA        |    118144 | NS      | $1348277.34   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel Chile S.A.                                                  | ENEL CHILE SA                                      | CUSIP: N/A<br>LEI: 549300YM5CWCAUVOPB53       | Long             | EC               | CORP              | CL        |  23130027 | NS      | $1790749.04   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PT Barito Pacific Tbk                                            | BARITO PACIFIC TBK PT                              | CUSIP: N/A<br>LEI: 254900CLXCIVO1KCF078       | Long             | EC               | CORP              | ID        |   5921400 | NS      | $1332848.14   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PICC Property and Casualty Company Limited                       | PICC PROPERTY CASUALTY CO LTD                      | CUSIP: N/A<br>LEI: 300300F1000311000017       | Long             | EC               | CORP              | CN        |    684865 | NS      | $1545450.15   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| FUYAO GLASS INDUSTRY GROUP CO., LTD.                             | FUYAO GLASS INDUSTRY GROUP CO LTD                  | CUSIP: N/A<br>LEI: 549300AS5CSLWETN0P64       | Long             | EC               | CORP              | CN        |    154000 | NS      | $1549558.58   | 0.63%             |  |  |  | Yes           |                  1 | On Loan: No      |
| ASTER DM HEALTHCARE LIMITED                                      | ASTER DM HEALTHCARE LTD                            | CUSIP: N/A<br>LEI: 335800TFWMBMRZEICW46       | Long             | EC               | CORP              | IN        |    241095 | NS      | $1702502.94   | 0.69%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Contemporary Amperex Technology Co., Ltd.                        | CONTEMPORARY AMPEREX TECHNOLOGY CO LTD             | CUSIP: N/A<br>LEI: 300300KINDY1K0E9I032       | Long             | EC               | CORP              | CN        |     21900 | NS      | $1608369.64   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| GREENTOWN CHINA HOLDINGS LIMITED                                 | GREENTOWN CHINA HOLDINGS LTD                       | CUSIP: N/A<br>LEI: 529900BLBC6YDNWS8530       | Long             | EC               | CORP              | KY        |    843500 | NS      | $1029755.71   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PEGASUS HAVA TASIMACILIGI ANONIM SIRKETI                         | PEGASUS HAVA TASIMACILIGI AS                       | CUSIP: N/A<br>LEI: 789000B1MW5PQ58A8T03       | Long             | EC               | CORP              | TR        |    142336 | NS      | $741436.79    | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| FALABELLA S.A.                                                   | FALABELLA SA                                       | CUSIP: N/A<br>LEI: 5493004CKJQ7H391LM41       | Long             | EC               | CORP              | CL        |    244841 | NS      | $1452260.92   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SHANDONG WEIGAO GROUP MEDICAL POLYMER CO.,LTD                    | SHANDONG WEIGAO GROUP MEDICAL POLYMER CO LTD       | CUSIP: N/A<br>LEI: 5299005WQUU15JQU8S60       | Long             | EC               | CORP              | CN        |   1488400 | NS      | $1111274.40   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ELITE MATERIAL CO., LTD.                                         | ELITE MATERIAL CO LTD                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     24000 | NS      | $964946.83    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA RESOURCES MIXC LIFESTYLE SERVICES LIMITED                  | CHINA RESOURCES MIXC LIFESTYLE SERVICES LTD        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    260400 | NS      | $1383365.59   | 0.56%             |  |  |  | Yes           |                  1 | On Loan: No      |
| China International Capital Corporation Limited                  | CHINA INTERNATIONAL CAPITAL CORPORATION LTD        | CUSIP: N/A<br>LEI: 529900OS3SVVTT56QN67       | Long             | EC               | CORP              | CN        |    347600 | NS      | $955914.52    | 0.39%             |  |  |  | Yes           |                  1 | On Loan: No      |
| PGE POLSKA GRUPA ENERGETYCZNA SPOLKA AKCYJNA                     | PGE POLSKA GRUPA ENERGETYCZNA SA                   | CUSIP: N/A<br>LEI: 259400MP9VXR0E69MJ89       | Long             | EC               | CORP              | PL        |    280575 | NS      | $829399.84    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| COUNTRY GARDEN SERVICES HOLDINGS COMPANY LIMITED                 | COUNTRY GARDEN SERVICES HOLDINGS CO LTD            | CUSIP: N/A<br>LEI: 549300P2JRKENZSEBB42       | Long             | EC               | CORP              | KY        |   1385000 | NS      | $1176458.87   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA MERCHANTS SECURITIES CO.,LTD                               | CHINA MERCHANTS SECURITIES CO LTD                  | CUSIP: N/A<br>LEI: 30030060IEIMX476KH87       | Long             | EC               | CORP              | CN        |    474800 | NS      | $1056778.85   | 0.43%             |  |  |  | Yes           |                  1 | On Loan: No      |
| TURK HAVA YOLLARI ANONIM ORTAKLIGI                               | TURK HAVA YOLLARI AO                               | CUSIP: N/A<br>LEI: 789000EV8M3BL7ZPFB03       | Long             | EC               | CORP              | TR        |    124981 | NS      | $947231.26    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| JF SmartInvest Holdings Ltd                                      | JF SMARTINVEST HOLDINGS LTD                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     67000 | NS      | $642301.81    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| KINGSOFT CLOUD HOLDINGS LIMITED                                  | KINGSOFT CLOUD HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 875500HZE0VKCD0Z8K15       | Long             | EC               | CORP              | KY        |    644000 | NS      | $679445.37    | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| ONE 97 COMMUNICATIONS LIMITED                                    | ONE 97 COMMUNICATIONS LTD                          | CUSIP: N/A<br>LEI: 335800ZRHU5J6GSTMI23       | Long             | EC               | CORP              | IN        |     89504 | NS      | $1132917.36   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco S.A.                                              | BANCO BRADESCO SA                                  | CUSIP: N/A<br>LEI: 549300CTUU1RFXHQJE44       | Long             | EC               | CORP              | BR        |    340200 | NS      | $1130867.58   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| China Galaxy Securities Co., Ltd.                                | CHINA GALAXY SECURITIES CO LTD                     | CUSIP: N/A<br>LEI: 3003008KFQXO06OK8582       | Long             | EC               | CORP              | CN        |    679500 | NS      | $1033871.78   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ZHEN DING TECHNOLOGY HOLDING LIMITED                             | ZHEN DING TECHNOLOGY HOLDING LTD                   | CUSIP: N/A<br>LEI: 549300H7R4K33675UP38       | Long             | EC               | CORP              | KY        |    192000 | NS      | $1046081.13   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PetroChina Company Limited                                       | PETROCHINA CO LTD                                  | CUSIP: N/A<br>LEI: 529900RPY4YG47TRSV05       | Long             | EC               | CORP              | CN        |   1855451 | NS      | $1688139.23   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MEITU, INC.                                                      | MEITU INC                                          | CUSIP: N/A<br>LEI: 529900P2POH56W116T02       | Long             | EC               | CORP              | KY        |    436000 | NS      | $519387.79    | 0.21%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Coca-Cola FEMSA, S.A.B. de C.V.                                  | COCA COLA FEMSA SAB DE CV                          | CUSIP: N/A<br>LEI: 5493008KEVFYPMGTXO33       | Long             |  | CORP              | MX        |    155538 | NS      | $1290734.78   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CMOC Group Limited                                               | CMOC GROUP LTD                                     | CUSIP: N/A<br>LEI: 2549008KG3638J59U652       | Long             | EC               | CORP              | CN        |    638191 | NS      | $1286764.69   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Synnex Technology International Corp.                            | SYNNEX TECHNOLOGY INTERNATIONAL CORP               | CUSIP: N/A<br>LEI: 529900GMBJ3R4A2WBC71       | Long             | EC               | CORP              | TW        |    674000 | NS      | $1398083.23   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Tripod Technology Corporation                                    | TRIPOD TECHNOLOGY CORP                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    122000 | NS      | $1203262.44   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Wall Motor Company Limited                                 | GREAT WALL MOTOR CO LTD                            | CUSIP: N/A<br>LEI: 254900CR8AHWTMFZHH60       | Long             | EC               | CORP              | CN        |    437905 | NS      | $945398.05    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| COSCO SHIPPING Holdings Co., Ltd.                                | COSCO SHIPPING HOLDINGS CO LTD                     | CUSIP: N/A<br>LEI: 3003009XI0QGYYA29S17       | Long             | EC               | CORP              | CN        |    784930 | NS      | $1221520.01   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| WuXi AppTec Co., Ltd.                                            | WUXI APPTEC CO LTD                                 | CUSIP: N/A<br>LEI: 254900OEPQLZSPLN9175       | Long             | EC               | CORP              | CN        |     67300 | NS      | $1026576.46   | 0.42%             |  |  |  | Yes           |                  1 | On Loan: No      |
| CHINA CITIC BANK CORPORATION LIMITED                             | CHINA CITIC BANK CORP LTD                          | CUSIP: N/A<br>LEI: 300300C1030211000384       | Long             | EC               | CORP              | CN        |   2227560 | NS      | $1915054.09   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Chile                                                   | BANCO DE CHILE                                     | CUSIP: N/A<br>LEI: 8B4EZFY8IHJC44TT2K84       | Long             | EC               | CORP              | CL        |  12531681 | NS      | $1903785.83   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Limited                                         | TENCENT HOLDINGS LTD                               | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |     19600 | NS      | $1669917.88   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MINI MSCI EMERGING MARKETS INDEX FUTURE DEC25                    | MINI MSCI EMERGING MARKETS INDEX FUTURE DEC25      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        12 | NC      | $7601.04      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNNY OPTICAL TECHNOLOGY (GROUP) COMPANY LIMITED                 | SUNNY OPTICAL TECHNOLOGY GROUP                     | CUSIP: N/A<br>LEI: 3003004QIVP0DFVVWM94       | Long             | EC               | CORP              | KY        |     84600 | NS      | $983341.69    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Companhia Paranaense de Energia - Copel                          | COMPANHIA PARANAENSE DE ENERGIA                    | CUSIP: N/A<br>LEI: 2549001AS1I9A71VG663       | Long             | EC               | CORP              | BR        |    639100 | NS      | $1546800.46   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| J. K. CEMENT LIMITED.                                            | JK CEMENT LTD                                      | CUSIP: N/A<br>LEI: 335800IECEF3EIDGF809       | Long             | EC               | CORP              | IN        |     24160 | NS      | $1714368.74   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA CINDA ASSET MANAGEMENT CO., LTD.                           | CHINA CINDA ASSET MANAGEMENT CO LTD                | CUSIP: N/A<br>LEI: 3003008W60YAHL9CQE51       | Long             | EC               | CORP              | CN        |   4808000 | NS      | $840289.40    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| POWERTECH TECHNOLOGY INC.                                        | POWERTECH TECHNOLOGY INC                           | CUSIP: N/A<br>LEI: 254900O6KNZXH2RI9Q14       | Long             | EC               | CORP              | TW        |    339000 | NS      | $1624458.45   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| TCS GROUP HOLDING PLC                                            | TCS GROUP HOLDING PLC                              | CUSIP: 87238U203<br>LEI: N/A                  | Long             |  | CORP              | CY        |     15868 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer